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Parent Company Only Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2015
Parent Company Only Condensed Financial Information [Abstract] |
Condensed Balance Sheets |
| 2015 |  | 2014
Assets |  |  |  |  |
Cash and cash equivalents | $ | 2,673 |  | $ | 3,025
Investment in banking subsidiary |  | 37,745 |  |  | 34,572
Investment in and advances to other subsidiary |  | 222 |  |  | 220
Other assets |  | 3,112 |  |  | 2,202
Total assets | $ | 43,752 |  | $ | 40,019
Liabilities and Equity |  |  |  |  |
Subordinated debentures | $ | 5,155 |  | $ | 5,155
Accrued expenses and other liabilities |  | 285 |  |  | 355
Stockholders' equity |  | 38,312 |  |  | 34,509
Total liabilities and stockholders' equity | $ | 43,752 |  | $ | 40,019
Condensed Statements of Operations |
| 2015 |  | 2014
Interest income | $ | 1 |  | $ | 5
Other income |  | 291 |  |  | 260
Interest expense |  | 164 |  |  | 164
Other expense |  | 548 |  |  | 687
Loss before income tax and undistributed subsidiary income |  | (420) |  |  | (586)
Tax effect |  | 1,798 |  |  | -
Gain (loss) after income tax and undistributed subsidiary income |  | 1,378 |  |  | (586)
Equity in undistributed subsidiary income |  | 3,099 |  |  | 1,065
Net income | $ | 4,477 |  | $ | 479
Comprehensive income | $ | 4,417 |  | $ | 432
Condensed Statements of Cash Flows |
| 2015 |  | 2014
Cash flows from operating activities |  |  |  |  |
Net Income | $ | 4,477 |  | $ | 479
Adjustments: |  |  |  |  |
Effect of subsidiaries' operations |  | (3,099) |  |  | (1,065)
Change in other assets and other liabilities |  | (980) |  |  | (1,142)
Net cash from (used by) operating activities |  | 398 |  |  | (1,728)
Cash flows from investing activities |  |  |  |  |
Investment in bank subsidiary |  | - |  |  | (9,700)
Investments in other subsidiaries |  | - |  |  | 54
Net cash used by investing activities |  | - |  |  | (9,646)
Cash flows from financing activities |  |  |  |  |
Stock issuance costs |  | - |  |  | -
Dividends paid on Series B preferred stock |  | (750) |  |  | (233)
Net proceeds from issuance of Series B preferred stock |  | - |  |  | 11,369
Net cash from (used by) financing activities |  | (750) |  |  | 11,136
Net change in cash and cash equivalents |  | (352) |  |  | (238)
Beginning cash and cash equivalents |  | 3,025 |  |  | 3,263
Ending cash and cash equivalents | $ | 2,673 |  | $ | 3,025

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