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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income:        
Loans receivable $ 6,701 $ 6,774 $ 13,061 $ 12,868
Securities available for sale:        
Mortgage-backed and related 5 16 12 36
Other marketable 283 351 551 723
Cash equivalents 5 17 28 55
Other 5 1 6 2
Total interest income 6,999 7,159 13,658 13,684
Interest expense:        
Deposits 329 246 622 472
Federal Home Loan Bank advances and other borrowings 132 149 247 297
Total interest expense 461 395 869 769
Net interest income 6,538 6,764 12,789 12,915
Provision for losses 269 381 (1) (351)
Net interest income after provision for loan losses 6,269 6,383 12,790 13,266
Non-interest income:        
Fees and service charges 845 873 1,669 1,652
Loan servicing fees 306 271 607 532
Gain on sales of loans 488 705 1,007 1,192
Other 267 253 503 481
Total non-interest income 1,906 2,102 3,786 3,857
Compensation and benefits 3,780 3,598 7,724 7,293
Gains on real estate owned (1) (75) (7) (424)
Occupancy and equipment 1,026 1,006 2,065 1,996
Data processing 260 281 552 554
Professional services 417 368 676 619
Other 957 855 1,776 1,686
Total non-interest expense 6,439 6,033 12,786 11,724
Income before income tax expense 1,736 2,452 3,790 5,399
Income tax expense 712 974 1,553 2,147
Net income 1,024 1,478 2,237 3,252
Other comprehensive income (loss) 173 44 361 182
Comprehensive income attributable to common shareholders $ 1,197 $ 1,522 $ 2,598 $ 3,434
Basic earnings per common share (in dollars per share) $ 0.24 $ 0.35 $ 0.53 $ 0.78
Diluted earnings per common share (in dollars per share) $ 0.21 $ 0.31 $ 0.46 $ 0.69