Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands |
Jun. 30, 2015 |
Dec. 31, 2014 |
| Assets |
|
|
| Cash and Due from Banks |
$ 2,268
|
$ 3,016
|
| Short-Term Interest-Bearing Deposits |
8,449
|
2,032
|
| Total Cash and Cash Equivalents |
10,717
|
5,048
|
| Certificates of Deposit |
481
|
481
|
| Securities Available-for-Sale, at Fair Value (Amortized Cost of $2,063 and $2,422, respectively) |
2,355
|
2,733
|
| Securities Held-to-Maturity, at Amortized Cost (Estimated Fair Value of $36,653 and $41,269, respectively) |
35,558
|
39,979
|
| Loans Held for Sale |
2,076
|
620
|
| Loans Held for Investment |
288,769
|
276,674
|
| Allowance for Loan Loss |
(2,492)
|
(2,368)
|
| Total Loans Receivable |
288,353
|
274,926
|
| Accrued Interest Receivable |
936
|
912
|
| Stock in Federal Home Loan Bank |
3,331
|
3,245
|
| Premises and Equipment, Net |
3,245
|
2,947
|
| Other Assets |
3,108
|
3,075
|
| Total Assets |
348,084
|
333,346
|
| Deposits |
|
|
| Non-Interest-Bearing |
22,488
|
16,507
|
| Interest-Bearing |
181,671
|
176,591
|
| Total Deposits |
204,159
|
193,098
|
| Borrowings |
77,928
|
75,509
|
| Advance Payments by Borrowers for Taxes and Insurance |
4,062
|
4,477
|
| Accrued Interest Payable |
111
|
123
|
| Other Liabilities |
2,589
|
1,742
|
| Total Liabilities |
$ 288,849
|
$ 274,949
|
| Commitments and Contigencies |
|
|
| Shareholders' Equity |
|
|
| Common Stock, $.01 Par Value, 40,000,000 Shares Authorized; 6,345,732 Shares Issued; 2,902,548 and 2,901,592 Outstanding, respectively |
$ 63
|
$ 63
|
| Additional Paid-in-Capital |
63,562
|
63,563
|
| Unearned ESOP Shares |
(3,173)
|
(3,173)
|
| Unearned Recognition and Retention Plan Shares |
(317)
|
(327)
|
| Treasury Stock, at Cost (3,443,184 shares and 3,444,140 shares, respectively) |
(49,901)
|
(49,883)
|
| Retained Earnings |
48,808
|
47,949
|
| Accumulated Other Comprehensive Income |
193
|
205
|
| Total Shareholders' Equity |
59,235
|
58,397
|
| Total Liabilities and Shareholders' Equity |
$ 348,084
|
$ 333,346
|