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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Cash and due from banks $ 17,681 $ 17,563
Interest-bearing deposits with banks 100 77
Total cash and cash equivalents 17,781 17,640
Securities available for sale 19,759 20,222
Loans, net of allowance for loan losses of $3,915 75,532 76,999
Federal Home Loan Bank stock 979 1,113
Premises and equipment, net 2,630 2,648
Accrued interest receivable 382 380
Other assets 802 701
Total assets 117,865 119,703
Liabilities:    
Noninterest-bearing demand deposits 6,865 7,131
Savings, NOW and money-market deposits 22,109 22,153
Time deposits 58,019 56,725
Total deposits 86,993 86,009
Federal Home Loan Bank advances 20,500 23,500
Junior subordinated debenture 5,155 5,155
Advanced payment by borrowers for taxes and insurance 331 221
Official checks 84 114
Other liabilities 1,988 1,623
Total liabilities 115,051 116,622
Commitments and contingencies (Notes 1, 8 and 9)
Stockholders' equity:    
Preferred stock, no par value; 6,000,000 shares authorized, 7 shares issued and outstanding in 2017 and 2016
Common stock, $.01 par value; 5,000,000 shares authorized, 1,103,447 shares issued and outstanding in 2017 and 2016 11 11
Additional paid-in capital 34,039 34,039
Accumulated deficit (31,000) (30,717)
Accumulated other comprehensive loss (236) (252)
Total stockholders' equity 2,814 3,081
Total liabilities and stockholders' equity $ 117,865 $ 119,703