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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net (loss) income $ (1,072,000) $ 323,000
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Amortization (accretion) of investment premiums, net 44,000 (11,000)
Amortization and accretion of purchase loan premiums and discounts 190,000 174,000
Amortization of debt issuance costs 28,000 28,000
Amortization of core deposit intangible 18,000 18,000
Amortization of servicing assets of sold SBA loans 204,000 4,000
Provision for loan losses 804,000 165,000
Depreciation and amortization 392,000 389,000
Share-based compensation 43,000 48,000
(Increase) decrease in deferred income taxes (390,000) 497,000
Originations of SBA loans held for sale (2,566,000) (4,908,000)
Proceeds from sale of SBA loans held for sale 144,000 5,288,000
Gains on sale of SBA loans held for sale, net (12,000) (380,000)
Changes in assets and liabilities:    
(Increase) decrease in accrued interest and dividends receivable (198,000) 145,000
Increase in other assets (763,000) (866,000)
Decrease in accrued expenses and other liabilities (1,179,000) (479,000)
Net cash (used in) provided by operating activities (4,313,000) 435,000
Cash Flows from Investing Activities:    
Principal repayments on available-for-sale securities 1,635,000 613,000
Purchases of available-for-sale securities (1,396,000)
Purchases of Federal Reserve Bank stock (26,000)
Redemptions of Federal Home Loan Bank stock 415,000
Decrease (increase) in originated loans receivable, net 11,873,000 (3,481,000)
Purchases of loans receivable (19,025,000) (4,804,000)
Purchases of premises and equipment (3,000) (9,000)
Net cash used in investing activities (5,520,000) (8,688,000)
Cash Flows from Financing Activities:    
Increase in deposits, net 33,679,000 9,540,000
Repayments of FHLB borrowings (10,000,000) (10,000,000)
Principal repayments of note payable (50,000) (49,000)
Decrease in advances from borrowers for taxes and insurance (1,044,000) (1,004,000)
Dividends paid on common stock (39,000)
Net cash provided by (used in) financing activities 22,585,000 (1,552,000)
Net increase (decrease) in cash and cash equivalents 12,752,000 (9,805,000)
Cash and cash equivalents at beginning of period 39,404,000 66,437,000
Cash and cash equivalents at end of period 52,156,000 56,632,000
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 4,781,000 3,950,000
Cash paid for income taxes 3,000 18,000
Non-cash transactions:    
Purchase of premises and equipment 133,000 280,000
Increase in accrued expense and other liabilities (133,000) (280,000)
Transfers of SBA loans held for sale to loans receivable 280,000
Operating lease right-of-use assets (57,000) 3,397,000
Operating lease liabilities 57,000 (3,444,000)
Capitalized servicing assets 2,000 66,000
Business Combination Non-Cash Disclosures:    
Contingent liability assumed in business combination 621,000
Interest Rate Swap [Member]    
Non-cash transactions:    
Increase in interest rate swaps assets 601,000
Increase in interest rate swaps liabilities $ (601,000)