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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Loans $ 1,045 $ 1,020
Securities 109 126
Other 39 23
Total interest income 1,193 1,169
Interest expense:    
Deposits 180 182
Borrowings 100 74
Total interest expense 280 256
Net interest income 913 913
Net interest income after provision for loan losses 913 913
Noninterest income:    
Service charges and fees 6 19
Gain on sale of securities available for sale   28
Other 3  
Total noninterest income 9 47
Noninterest expenses:    
Salaries and employee benefits 442 468
Professional fees 217 160
Occupancy and equipment 100 126
Data processing 80 87
Insurance 23 27
Foreclosed real estate, net   29
Regulatory assessment 51 73
Other 292 266
Total noninterest expenses 1,205 1,236
Net loss $ (283) $ (276)
Net loss per share:    
Basic $ (0.26) $ (0.29)
Diluted $ (0.26) $ (0.29)