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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest and Dividend Income        
Interest and fees on loans $ 9,111 $ 10,345 $ 19,144 $ 20,100
Interest on investment securities 378 398 794 777
Dividends on investment securities 90 114 228 232
Other interest income 24 237 159 570
Total interest and dividend income 9,603 11,094 20,325 21,679
Interest Expense        
Interest on deposits 2,792 3,533 5,992 6,797
Interest on Federal Home Loan Bank borrowings 638 426 1,335 865
Interest on senior debt 228 228 457 457
Interest on subordinated debt 253 279 521 568
Interest on note payable and other 5 8 10 14
Total interest expense 3,916 4,474 8,315 8,701
Net interest income 5,687 6,620 12,010 12,978
Provision for Loan Losses 910 2,937 1,714 3,102
Net interest income after provision for loan losses 4,777 3,683 10,296 9,876
Non-interest Income        
Loan application, inspection and processing fees 40 28 93 42
Deposit fees and service charges 66 116 180 243
Gains on sales of loans 72 296 84 676
Rental income 131 192 262 322
Other income 80 126 191 221
Total non-interest income 389 758 810 1,504
Non-interest Expense        
Salaries and benefits 3,645 3,608 7,506 6,792
Occupancy and equipment expense 921 744 1,870 1,661
Data processing expense 371 361 761 731
Professional and other outside services 726 803 1,510 1,512
Project expenses, net 54 (15) 148 65
Advertising and promotional expense 123 77 270 192
Loan administration and processing expense 36 43 60 57
Regulatory assessments 364 395 804 710
Insurance expense, net 78 54 148 95
Communications, stationary and supplies 133 131 253 265
Other operating expense 439 527 931 1,096
Total non-interest expense 6,890 6,728 14,261 13,176
Loss before income taxes (1,724) (2,287) (3,155) (1,796)
Benefit for Income Taxes (446) (632) (805) (464)
Net loss $ (1,278) $ (1,655) $ (2,350) $ (1,332)
Basic loss per share (in dollars per share) $ (0.32) $ (0.42) $ (0.60) $ (0.34)
Diluted loss per share (in dollars per share) $ (0.32) $ (0.42) $ (0.60) $ (0.34)