Sunshine Financial 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 12, 2017
Document and Entity Information:
Entity Registrant Name	Sunshine Financial Inc
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Trading Symbol	ssnf
Amendment Flag	false
Entity Central Index Key	1,500,837
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		1,030,039
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Incorporation, State Country Name	Maryland corporation

SUNSHINE FINANCIAL, INC. AND SU

SUNSHINE FINANCIAL, INC. AND SUBSIDIARIES -- Condensed Consolidated Balance Sheets (March 31, 2017 figures unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 2,285	$ 2,705
Interest-bearing deposits with banks	8,699	8,608
Cash and cash equivalents	10,984	11,313
Securities held to maturity	15,625	16,512
Loans, net	143,088	134,077
Premises and equipment, net	3,643	3,662
Bank owned life insurance	3,195	3,172
Federal Home Loan Bank stock, at cost	836	684
Deferred income taxes	2,477	2,550
Accrued interest receivable	413	449
Foreclosed real estate	137	141
Other assets	528	649
Total assets	180,926	173,209
Liabilities:
Noninterest-bearing deposit accounts	33,734	31,247
Money-market deposit accounts	40,679	39,633
Savings accounts	48,240	46,989
Time deposits	19,438	20,033
Total deposits	142,091	137,902
Federal home loan bank advances	16,000	12,750
Official checks	261	541
Other liabilities	742	360
Total liabilities	159,094	151,553
Stockholders' equity:
Common stock	10	10
Additional paid in capital	7,401	7,374
Retained earnings	14,867	14,743
Unearned Employee Stock Ownership Plan ("ESOP")shares	(446)	(471)
Total stockholders' equity	21,832	21,656
Total liabilities and stockholders' equity	$ 180,926	$ 173,209

SUNSHINE FINANCIAL, INC. AND S3

SUNSHINE FINANCIAL, INC. AND SUBSIDIARIES -- Condensed Consolidated Balance Sheets (September 30, 2016 figures unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statements of Financial Condition
Securities held to maturity fair value	$ 15,465	$ 16,294
Allowance for loan losses	$ 968	$ 924
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock shares authorized	1,000,000	1,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	6,000,000	6,000,000
Common stock shares issued	1,030,039	1,030,039
Common stock shares outstanding	1,030,039	1,030,039

SUNSHINE FINANCIAL, INC. AND S4

SUNSHINE FINANCIAL, INC. AND SUBSIDIARIES -- Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income:
Loans	$ 1,643	$ 1,427
Securities	81	103
Other interest income	16	12
Total interest income	1,740	1,542
Interest expense:
Deposit accounts	92	92
Other borrowings	24	5
Total interest expense	116	97
Net interest income	1,624	1,445
Provision for loan losses	55	45
Net interest income after provision for loan losses	1,569	1,400
Noninterest income:
Fees and service charges on deposit accounts	349	352
Gain on loan sales	11
Gain on sale of foreclosed real estate	30
Fees and charges on loans	50	35
Income from bank owned life insurance	23	26
Other noninterest income	9	5
Total noninterest income	472	418
Noninterest expenses:
Salaries and employee benefits	793	882
Occupancy and equipment	262	282
Data processing services	309	314
Professional fees	173	179
Deposit insurance	16	31
Advertising and promotion	15	7
Stationery and supplies	18	14
Telephone communications	27	27
Foreclosed real estate	8	15
Credit card expense	53	42
Other noninterest expenses	170	148
Total noninterest expenses	1,844	1,941
Earnings (loss) before income tax expense (benefit)	197	(123)
Income tax expense (benefit)	73	(32)
Net earnings (loss)	$ 124	$ (91)
Basic and diluted earnings (loss) per common share	$ 0.13	$ (0.10)

SUNSHINE FINANCIAL, INC. AND S5

SUNSHINE FINANCIAL, INC. AND SUBSIDIARIES -- Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock Shares	Common Stock Amount	Additional Paid In Capital	Retained Earnings	Unearned Employee Stock Ownership Plan Shares	Total Stockholders' Equity
Balance beginning of period shares at Dec. 31, 2015		1,030,898
Balance beginning of period amount at Dec. 31, 2015			$ 10	$ 7,285	$ 14,633	$ (570)	$ 21,358
Net income (loss)	$ (91)				(91)		(91)
Stock based compensation expense	51			51			51
Common stock allocated to ESOP participants				(22)		24	2
Balance end of period shares at Mar. 31, 2016		1,030,898
Balance end of period amount at Mar. 31, 2016			10	7,314	14,542	(546)	21,320
Balance beginning of period shares at Dec. 31, 2016		1,030,039
Balance beginning of period amount at Dec. 31, 2016			10	7,374	14,743	(471)	21,656
Net income (loss)	124				124		124
Stock based compensation expense	$ 51			51			51
Common stock allocated to ESOP participants				(24)		25	1
Balance end of period shares at Mar. 31, 2017		1,030,039
Balance end of period amount at Mar. 31, 2017			$ 10	$ 7,401	$ 14,867	$ (446)	$ 21,832

SUNSHINE FINANCIAL, INC. AND S6

SUNSHINE FINANCIAL, INC. AND SUBSIDIARIES -- Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net income (loss)	$ 124	$ (91)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation	83	97
Provision for loan losses	55	45
Deferred income tax expense (benefit)	73	(32)
Net amortization of premiums on securities	7	10
Net amortization of deferred loan fees and costs	35	7
Income from bank owned life insurance	(23)	(26)
Loans originated for sale	(421)
Proceeds from loans sold	432
Gain on sale of loans	(11)
ESOP compensation expense, net	1	2
Stock-based compensation expense	51	51
Decrease (increase) in accrued interest receivable	36	(42)
Decrease in other assets	121	155
Gain on sale of foreclosed real estate	(30)
(Decrease) increase in official checks	(280)	173
Increase in other liabilities	382	340
Net cash provided by operating activities	635	689
Cash flows from investing activities:
Principal pay-downs on held-to-maturity securities	880	973
Net increase in loans	(9,101)	(1,003)
Net purchases of premises and equipment	(64)	(3)
(Purchase) redemption of Federal Home Loan Bank stock	(152)	100
Proceeds from the sale of foreclosed real estate	34
Capital expenditures for foreclosed real estate		(14)
Net cash (used) provided by investing activities	(8,403)	53
Cash flows from financing activities:
Net increase in deposits	4,189	6,487
Net proceeds (paydown) on FHLB advances	3,250	(2,500)
Net cash provided by financing activities	7,439	3,987
(Decrease) increase in cash and cash equivalents	(329)	4,729
Cash and cash equivalents at beginning of period	11,313	10,862
Cash and cash equivalents at end of period	10,984	15,591
Cash paid during the period for:
Interest	$ 116	97
Noncash transactions:
Transfer from loans to foreclosed real estate		$ 98

1. Organization and Basis of Pr

1. Organization and Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Notes
1. Organization and Basis of Presentation	1. Organization and Basis of Presentation Sunshine Financial, Inc. ("Sunshine Financial" or the "Holding Company"), a Maryland corporation, is the holding company for Sunshine Community Bank (the "Bank") and owns all the outstanding common stock of the Bank. The Holding Company's only business is the operation of the Bank. The Bank through its five banking offices provides a variety of retail community banking services to individuals and businesses primarily in Leon County, Florida. The Bank's deposits are insured up to the applicable limits by the Federal Deposit Insurance Corporation. The Bank's subsidiary is Sunshine Member Insurance Services, Inc. ("SMSI"), which was established to sell automobile warranty, credit life and disability insurance products associated with loan products. Collectively the entities are referred to as the "Company." These condensed consolidated financial statements have been prepared in accordance with the instructions for Form 10-Q and Article 8-03 of Regulation S-X and do not include all disclosures required by accounting principles generally accepted in the United States of America ("GAAP") for a complete presentation of the Company's consolidated financial condition and consolidated results of operations. In the opinion of management, the accompanying condensed consolidated financial statements of the Company reflect all adjustments (consisting only of normal recurring accruals) which are necessary in order to present fairly the consolidated financial position at March 31, 2017 and the results of operations for the three month periods ended March 31, 2017 and 2016. It is recommended that these unaudited condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's annual report on Form 10-K for the year ended December 31, 2016 filed with the U.S. Securities and Exchange Commission ("SEC") on March 30, 2017 ("2016 Form 10-K").

2. Recent Accounting Pronouncem

2. Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2017
Notes
2. Recent Accounting Pronouncements	2. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customer (Topic 606) Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations. Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing In FASB ASU 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. The ASU requires equity investments to be measured at fair value with changes in fair values recognized in net earnings, simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment and eliminates the requirement to disclose fair values, the methods and significant assumptions used to estimate the fair value of financial instruments measured at amortized cost. The ASU also clarifies that the Company should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale debt securities in combination with the Company’s other deferred tax assets. These amendments were effective for the Company beginning January 1, 2017. In February 2016, the FASB issued ASU 2016-2, Leases (Topic 842) In March 2016 the FASB issued ASU No. 2016-09 Compensation-Stock Compensation (Topic 718). In June 2016, FASB issued Accounting Standards Update ("ASU") No. 2016-13 Financial Instruments-Credit Losses (Topic 326). The ASU requires the Company to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. The Company will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization's portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The ASU will take effect for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted. The Company is in the process of determining the effect of the ASU on its consolidated financial statements. Once adopted, we expect our allowance for loan losses to increase; however, until our evaluation is complete the magnitude of the increase will be unknown. In March 2017, the FASB issued ASU No. 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. The ASU shortens the amortization period for certain callable debt securities held at a premium. The standard will take effect for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The adoption of ASU No. 2017-08 is not expected to have a material impact on the Company's consolidated financial statements.

3. Earnings (loss) Per Share

3. Earnings (loss) Per Share	3 Months Ended
	Mar. 31, 2017
Notes
3. Earnings (loss) Per Share	3. Earnings (Loss) Per Share Earnings (loss) per share ("EPS") has been computed on the basis of the weighted-average number of shares of common stock outstanding. For the three-months ended March 31, 2017 the outstanding stock options were considered dilutive securities for purposes of calculating diluted EPS which was computed using the treasury stock method. For the three-months ended March 31, 2016 the outstanding stock options were are not considered dilutive securities due to the net loss incurred by the Company. The shares purchased by the ESOP are included in the weighted-average shares when they are committed to be released (dollars in thousands, except per share amounts): 2017 2016 Weighted- Per Weighted- Per Average Share Average Share Earnings Shares Amount Loss Shares Amount Three-Months Ended March 31: Basic EPS: Net earnings (loss) $ 124 951,161 $ 0.13 $ (91) 940,248 $ ( 0.10) Effect of dilutive securities: Incremental shares from assumed conversion of options 33,949 - Diluted EPS: Net earnings (loss) $ 124 985,110 $ 0.13 $ (91) 940,248 $ ( 0.10)

4. Securities Held To Maturity

4. Securities Held To Maturity	3 Months Ended
	Mar. 31, 2017
Notes
4. Securities Held To Maturity	4. Securities Held to Maturity Securities have been classified as held to maturity according to management intent. The carrying amount of securities and their fair values are as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value At March 31, 2017 Agency mortgage-backed securities $ 610 22 - 632 Agency collateralized mortgage obligations 15,015 21 (203) 14,833 Total $ 15,625 43 (203) 15,465 At December 31, 2016 Agency mortgage-backed securities $ 697 24 - 721 Agency collateralized mortgage obligations 15,815 15 (257) 15,573 Total $ 16,512 39 ( 257 16,294 There were no securities pledged at March 31, 2017 or December 31, 2016. Securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position at the date indicated, are as follows (in thousands): Less than Twelve Months Twelve Months or Longer Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value At March 31, 2017: Agency collateralized mortgage obligations $ (69) 6,927 (134) 3,766 At December 31, 2016: Agency collateralized mortgage obligations $( 102 10,523 ( 155 3,941 At March 31, 2017 and December 31, 2016 the unrealized losses on eighteen securities and twenty-one securities, respectively are considered by management to be attributable to changes in market interest rates, and not attributable to credit risk on the part of the issuer. Accordingly, if market rates were to decline, much or all of the decline in market value would likely be recovered through market appreciation. As management has the ability and intent to hold debt securities until maturity, or for the foreseeable future, no declines in the fair value below amortized cost are deemed to be other than temporary.

5. Loans

5. Loans	3 Months Ended
	Mar. 31, 2017
Notes
5. Loans	5. Loans The loan portfolio segments and classes as of the dates indicated are as follows (in thousands): March 31, December 31, 2017 2016 Real estate mortgage loans: One-to four-family $ 57,400 $ 56,601 Commercial real estate 58,763 52,960 Construction and lot 4,814 4,247 Total real estate loans 120,977 113,808 Commercial loans 4,915 4,217 Consumer loans: Home equity 7,054 7,166 Automobile and other 4,495 4,498 Credit cards and unsecured 5,558 5,796 Total consumer loans 17,107 17,460 Total loans 142,999 135,485 Add (deduct): Loans in process 984 (522) Deferred loan (fees) costs 73 38 Allowance for loan losses (968 (924) Total loans, net $ 143,088 134,077 The Company has divided the loan portfolio into three portfolio segments and seven classes, each with different risk characteristics and methodologies for assessing risk. The portfolio segments identified by the Company are as follows: Real Estate Mortgage Loans. Commercial Loans. Consumer Loans. An analysis of the change in the allowance for loan losses for the periods shown follows (in thousands): Real Estate Mortgage Loans Commercial Loans Consumer Loans Unallocated Total Three-Months Ended March 31, 2017: Beginning balance $ 558 74 292 - 924 Provision (credit) for loan loss (13) (5) 67 6 55 Charge-offs - - (39) - (39) Recoveries 13 - 15 - 28 Ending balance $ 558 69 335 6 968 Three-Months Ended March 31, 2016: Beginning balance $ 503 10 381 1 895 Provision (credit) for loan loss (35) 18 (9) 71 45 Charge-offs - - (38) - (38) Recoveries 3 - 22 - 25 Ending balance $ 471 28 356 72 927 At March 31, 2017: Individually evaluated for impairment: Recorded investment $ 2,547 - 210 - 2,757 Balance in allowance for loan losses $ 44 - 81 - 125 Collectively evaluated for impairment: Recorded investment $ 118,430 4,915 16,897 - 140,242 Balance in allowance for loan losses $ 514 69 254 6 843 At December 31, 2016: Individually evaluated for impairment: Recorded investment $ 2,559 - 162 - 2,721 Balance in allowance for loan losses $ 44 - 28 - 72 Collectively evaluated for impairment: Recorded investment $ 111,249 4,217 17,298 - 132,764 Balance in allowance for loan losses $ 514 74 264 - 852 The following summarizes the loan credit quality by loan grade and class at the dates indicated (in thousands): Credit Risk One to Commercial Construc- Credit Profile by Four Real tion and Comme r Home Automobile Cards and Internally Family Estate Lot -cial Equity and Other Unsecured Total Assigned Grade: At March 31, 2017: Grade: Pass $ 54,628 58,763 4,814 4,915 6,798 4,405 5,533 139,856 Special mention 533 - - - 25 - - 558 Substandard 2,239 - - - 231 90 25 2,585 Total $ 57,400 58,763 4,814 4,915 7,054 4,495 5,558 142,999 At December 31, 2016: Grade: Pass $ 53,573 52,960 4,218 4,217 6,843 4,393 5,760 131,964 Special mention 807 - - - - - 4 811 Substandard 2,221 - 29 - 323 105 32 2,710 Total $ 56,601 52,960 4,247 4,217 7,166 4,498 5,796 135,485 Internally assigned loan grades are defined as follows: Pass Special Mention Substandard Doubtful Loss Age analysis of past-due loans at the dates indicated is as follows (in thousands): Accruing Loans 90 Days 30-59 60-89 and Total Days Days Greater Past Nonaccrual Total Past Due Past Due Past Due Due Current Loans Loans At March 31, 2017: Real estate loans: One-to four-family $ 1,110 5 - 1,115 54,046 2,239 57,400 Commercial real estate - - - - 58,763 - 58,763 Construction and lot 32 - - 32 4,782 - 4,814 Commercial loans - - - - 4,915 - 4,915 Consumer loans: Home equity 51 - - 51 6,691 312 7,054 Automobile and other - - - - 4,405 90 4,495 Credit cards and unsecured 32 - 57 89 5,444 25 5,558 Total $ 1,225 5 57 1,287 139,046 2,666 142,999 At December 31, 2016: Real estate loans: One-to-four family $ 772 277 - 1,049 53,465 2,087 56,601 Commercial - - - - 52,960 - 52,960 Construction and lot 85 - - 85 4,162 - 4,247 Commercial loans 17 - - 17 4,200 - 4,217 Consumer loans: Home equity 60 - - 60 6,786 320 7,166 Automobile and other 21 - - 21 4,373 104 4,498 Credit cards and unsecured 138 4 7 149 5,614 33 5,796 Total $ 1,093 281 7 1,381 131,560 2,544 135,485 The following summarizes the amount of impaired loans at the dates indicated (in thousands): With No Related Allowance Recorded With an Allowance Recorded Total Recorded Investment Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance At March 31, 2017: Real estate loans: One-to four-family $ 1,975 2,027 572 588 44 2,547 2,615 44 Consumer loans: Home equity 122 133 88 97 81 210 230 81 $ 2,097 2,160 660 685 125 2,757 2,845 125 At December 31, 2016: Real estate loans: One-to four-family $ 1,985 2,037 574 591 44 2,559 2,628 44 Consumer loans: Home equity 126 137 36 45 28 162 182 28 $ 2,111 2,174 610 636 72 2,721 2,810 72 The average net investment in impaired loans and interest income recognized and received on impaired loans for the periods shown are as follows (in thousands): Average Interest Interest Recorded Income Income Investment Recognized Received For the Three Months Ended March 31, 2017: Real estate loans: One-to four-family $ 2,506 38 39 Consumer loans: Home equity 130 2 2 Total $ 2,636 40 41 For the Three Months Ended March 31, 2016: Real estate loans: One-to four-family 2,712 34 36 Consumer loans: Home equity 216 3 4 Total $ 2,928 37 40 The Company had no troubled debt restructurings (TDR) entered into during the three months ended March 31, 2017 or 2016. There were no TDR loans that were modified within the 12 months prior to March 31, 2017, and for which there was a payment default during the three months ended March 31, 2017. The Company had no commitments to extend additional credit to borrowers owing receivables whose terms have been modified in TDRs.

6. Lines of Credit

6. Lines of Credit	3 Months Ended
	Mar. 31, 2017
Notes
6. Lines of Credit	6. Lines of Credit The Company has an unsecured federal funds line of credit for $6.0 million with a correspondent bank and a $43.3 million line with the Federal Home Loan Bank of Atlanta collateralized by a blanket lien on qualifying loans. At March 31, 2017, the Company had $16.0 million outstanding in FHLB advances that mature in 2017 at a weighted average fixed rate of 0.87%. At December 31, 2016, the Company had $12.75 million outstanding in FHLB advances that mature in 2017 at a weighted average fixed rate of 0.63%. At March 31, 2017 and December 31, 2016, the Company had no outstanding balances on the federal funds line of credit.

7. Off-balance-sheet Financial

7. Off-balance-sheet Financial Instruments	3 Months Ended
	Mar. 31, 2017
Notes
7. Off-balance-sheet Financial Instruments	7. Off-Balance-Sheet Financial Instruments The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments are unused lines of credit and commitments to extend credit and may involve, to varying degrees, elements of credit and interest-rate risk in excess of the amount recognized in the balance sheets. The contract amounts of these instruments reflect the extent of involvement the Company has in these financial instruments. The Company's exposure to credit loss in the event of nonperformance by the other party to the financial instrument for unused lines of credit and commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance-sheet instruments. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed-expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer's credit worthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by the Company upon extension of credit is based on management's credit evaluation of the counterparty. Unused lines of credit and commitments to extend credit typically result in loans with a market interest rate when funded. A summary of the amounts of the Company's financial instruments, with off-balance-sheet risk follows at March 31, 2017 (in thousands): Contract Amount Unused lines of credit $ 13,861 Unused construction loan commitments $ 3,137 Commitments to extend credit $ 1,200

8. Fair Value of Financial Inst

8. Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Notes
8. Fair Value of Financial Instruments	8. Fair Value of Financial Instruments The estimated fair values of the Company's financial instruments are as follows (in thousands): At March 31, 2017 At December 31, 2016 Carrying Fair Carrying Fair Amount Value Level Amount Value Level Financial assets: Cash and cash equivalents $ 10,984 10,984 1 11,313 11,313 1 Securities held to maturity 15,625 15,465 2 16,512 16,294 2 Loans 143,088 144,046 3 134,077 132,454 3 Federal Home Loan Bank stock 836 836 3 684 684 3 Accrued interest receivable 413 413 3 449 449 3 Financial liabilities: Deposits 142,091 135,904 3 137,902 132,280 3 Federal Home Loan Bank advances 16,000 15,999 3 12,750 12,750 3 Off-balance-sheet financial instruments - - 3 - - 3 Discussion regarding the assumptions used to compute the estimated fair values of financial instruments can be found in Note 1 to the consolidated financial statements included in the 2016 Form 10-K.

9. Employee Stock Ownership Pla

9. Employee Stock Ownership Plan	3 Months Ended
	Mar. 31, 2017
Notes
9. Employee Stock Ownership Plan	9. Employee Stock Ownership Plan The Holding Company has established an ESOP which acquired 98,756 shares of Holding Company common stock in exchange for a $988,000 note payable from the Bank to the Holding Company. The note bears interest at a fixed rate of 4.25%, is payable in annual installments and is due in 2021. The ESOP expense was $25,000 for the three months ended March 31, 2017 and $24,000 for the three months ended March 31, 2016. At March 31, 2017 and 2016, there were 39,601 and 49,477 shares, respectively, that had not been allocated under the ESOP.

10. Equity Incentive Plan

10. Equity Incentive Plan	3 Months Ended
	Mar. 31, 2017
Notes
10. Equity Incentive Plan	10. 2012 Equity Incentive Plan On May 23, 2012, the Holding Company's stockholders approved the 2012 Equity Incentive Plan (“Plan”). The Plan authorizes the grant of options for up to 123,445 shares of the Holding Company's common stock. The options granted have ten year terms and vest from one to five years. A summary of the activity in stock options under the Plan is as follows: Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2015 81,500 $ 11.62 Outstanding at March 31, 2016 81,500 $ 11.62 6.87 Outstanding at December 31, 2016 80,500 11.63 Outstanding at March 31, 2017 80,500 $ 11.63 5.88 $698,000 Exercisable at March 31, 2017 10,000 $ 10.75 5.70 $ 95,500 At March 31, 2017, there was approximately $40,000 of unrecognized compensation expense related to non-vested stock options granted under the Plan. The cost is expected to be recognized over a weighted average period of twenty-eight months. The total fair value of shares vesting and recognized as compensation expense was $12,000 for both the three-months ended March 31, 2017 and 2016. The Plan also authorizes the grant of up to 49,378 shares of restricted stock. The restricted stock awarded under the Plan vests equally over five years from the date of grant. Restricted stock awards are forfeited if employment is terminated before the restriction period expires. The record holder of the Holding Company's restricted stock possesses all the rights of a holder of the Holding Company common stock, including the right to receive dividends on and to vote the restricted stock. The restricted stock may not be sold, transferred, pledged, assigned, encumbered, or otherwise alienated or hypothecated until they become fully vested and transferable in accordance with the agreements. Compensation expense for restricted stock totaled $39,000 for both the three months ended March 31, 2017 and March 31, 2016. The income tax benefit recognized was $15,000 for the three months ended March 31, 2017 and 2016. A summary of the activity in restricted stock under the Plan is as follows: Number of Shares Weighted-Average Grant-Date Fair Value Outstanding at December 31, 2015 28,700 $ 16.92 Outstanding at March 31, 2016 28,700 16.92 Outstanding at December 31, 2016 19,400 16.94 Outstanding at March 31, 2017 19,400 $ 16.94 Total unrecognized compensation cost related to these non-vested restricted stock amounted to approximately $261,000 at March 31, 2017. This cost is expected to be recognized monthly over the related vesting period using the straight-line method through 2019.

11. Fair Value Measurements

11. Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Notes
11. Fair Value Measurements	11. Fair Value Measurements Impaired collateral-dependent loans are carried at fair value when the current collateral value is lower than the carrying value of the loan. Those impaired collateral-dependent loans which are measured at fair value on a nonrecurring basis are as follows (in thousands): Fair Value Level 1 Level 2 Level 3 Total Losses Losses Recorded During the Period At March 31, 2017: One-to four-family $ 572 - - 572 44 - Home equity 35 - - 35 28 - Total $ 607 - - 607 72 - At December 31, 2016: One-to four-family $ 574 - - 574 44 - Home equity 36 - - 36 28 - Total $ 610 - - 610 72 - Foreclosed real estate is recorded at fair value less estimated costs to sell. Foreclosed real estate which is measured at fair value on a nonrecurring basis is summarized below (in thousands): Quoted Prices In Active Significant Markets for Other Significant Losses Identical Observable Unobservable Recorded Fair Assets Inputs Inputs Total During the Value (Level 1) (Level 2) (Level 3) Losses Period At March 31, 2017: Foreclosed real estate $ 137 - - 137 - - At December 31, 2016: Foreclosed real estate $ 141 - - 141 32 27

12. Regulatory Matters

12. Regulatory Matters	3 Months Ended
	Mar. 31, 2017
Notes
12. Regulatory Matters	12. Regulatory Matters On March 31, 2017, the Bank was subject to minimum capital requirements imposed by the Federal Deposit Insurance Corporation. Capital adequacy requirements are quantitative measures established by regulation that require the Bank to maintain minimum amounts and ratios of capital. At March 31, 2017, the Bank exceeded all regulatory capital requirements. Consistent with its goals to operate a sound and profitable organization, the Bank’s policy is to maintain a “well-capitalized” status under the capital categories. Based on capital levels at March 31, 2017, the Bank was considered to be well-capitalized. The Bank's actual regulatory capital amounts and percentages are presented in the table ($ in thousands). Actual Minimum For Capital Adequacy Purposes Minimum To Be Well Capitalized Under Prompt and Corrective Action Provisions Amount % Amount % Amount % At March 31, 2017: Total Capital to Risk- Weighted Assets $ 19,821 14.71% $ 10,782 8.00% $ 13,477 10.00% Tier I Capital to Risk- Weighted Assets 18,853 13.99 8,086 6.00 10,782 8.00 Tier I Capital to Total Assets 18,853 11.33 6,659 4.00 8,323 5.00 Common equity Tier 1 Capital to Risk-Weighted Assets 18,853 13.99 6,065 4.50 8,760 6.50 At December 31, 2016: Total Capital to Risk- Weighted Assets 19,539 15.34 10,191 8.00 12,739 10.00 Tier I Capital to Risk- Weighted Assets 18,615 14.61 7,643 6.00 10,191 8.00 Tier I Capital to Total Assets 18,615 11.42 6,519 4.00 8,148 5.00 Common equity Tier 1 Capital to Risk-Weighted Assets 18,615 14.61 5,733 4.50 8,280 6.50 Pursuant to the capital regulations of the FDIC and the other federal banking agencies, the Bank must maintain a capital conservation buffer consisting of additional CET1 capital greater than 2.5% of risk-weighted assets above the required minimum levels of risk-based common equity tier 1 (“CET1”) capital, tier 1 capital and total capital in order to avoid limitations on paying dividends, repurchasing shares, and paying discretionary bonuses. For our fiscal year ending December 31, 2017, the capital conservation buffer rule requires a buffer of greater than 1.25% of risk-weighted assets, which amount will increase by 0.625% yearly until the requirement is fully phased-in on January 1, 2019, when the buffer must exceed 2.5% of risk-weighted assets. As March 31, 2017, the Bank’s CET1 capital exceeded the required capital conservation buffer.

1. Organization and Basis of 19

1. Organization and Basis of Presentation: Business Description and Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Business Description and Accounting Policies	Sunshine Financial, Inc. ("Sunshine Financial" or the "Holding Company"), a Maryland corporation, is the holding company for Sunshine Community Bank (the "Bank") and owns all the outstanding common stock of the Bank. The Holding Company's only business is the operation of the Bank. The Bank through its five banking offices provides a variety of retail community banking services to individuals and businesses primarily in Leon County, Florida. The Bank's deposits are insured up to the applicable limits by the Federal Deposit Insurance Corporation. The Bank's subsidiary is Sunshine Member Insurance Services, Inc. ("SMSI"), which was established to sell automobile warranty, credit life and disability insurance products associated with loan products. Collectively the entities are referred to as the "Company." These condensed consolidated financial statements have been prepared in accordance with the instructions for Form 10-Q and Article 8-03 of Regulation S-X and do not include all disclosures required by accounting principles generally accepted in the United States of America ("GAAP") for a complete presentation of the Company's consolidated financial condition and consolidated results of operations. In the opinion of management, the accompanying condensed consolidated financial statements of the Company reflect all adjustments (consisting only of normal recurring accruals) which are necessary in order to present fairly the consolidated financial position at March 31, 2017 and the results of operations for the three month periods ended March 31, 2017 and 2016. It is recommended that these unaudited condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's annual report on Form 10-K for the year ended December 31, 2016 filed with the U.S. Securities and Exchange Commission ("SEC") on March 30, 2017 ("2016 Form 10-K").

3. Earnings (loss) Per Share_ E

3. Earnings (loss) Per Share: Earnings Per Share, Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Earnings Per Share, Policy	Earnings (loss) per share ("EPS") has been computed on the basis of the weighted-average number of shares of common stock outstanding. For the three-months ended March 31, 2017 the outstanding stock options were considered dilutive securities for purposes of calculating diluted EPS which was computed using the treasury stock method. For the three-months ended March 31, 2016 the outstanding stock options were are not considered dilutive securities due to the net loss incurred by the Company. The shares purchased by the ESOP are included in the weighted-average shares when they are committed to be released (dollars in thousands, except per share amounts):

5. Loans_ Real Estate Mortgage

5. Loans: Real Estate Mortgage Loans Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Real Estate Mortgage Loans Policy	Real Estate Mortgage Loans.

5. Loans_ Commercial Loan Polic

5. Loans: Commercial Loan Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Commercial Loan Policy	Commercial Loans.

5. Loans_ Consumer Loans Policy

5. Loans: Consumer Loans Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Consumer Loans Policy	Consumer Loans.

5. Loans_ Internal Loan Grade P

5. Loans: Internal Loan Grade Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Internal Loan Grade Policy	Internally assigned loan grades are defined as follows: Pass Special Mention Substandard Doubtful Loss

7. Off-balance-sheet Financia25

7. Off-balance-sheet Financial Instruments: Off-Balance-Sheet Credit Exposure, Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Off-Balance-Sheet Credit Exposure, Policy	The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments are unused lines of credit and commitments to extend credit and may involve, to varying degrees, elements of credit and interest-rate risk in excess of the amount recognized in the balance sheets. The contract amounts of these instruments reflect the extent of involvement the Company has in these financial instruments. The Company's exposure to credit loss in the event of nonperformance by the other party to the financial instrument for unused lines of credit and commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance-sheet instruments. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed-expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer's credit worthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by the Company upon extension of credit is based on management's credit evaluation of the counterparty.

10. Equity Incentive Plan_ Shar

10. Equity Incentive Plan: Share-based Compensation, Option and Incentive Plans Policy (Policies)	3 Months Ended
	Mar. 31, 2017
Policies
Share-based Compensation, Option and Incentive Plans Policy	On May 23, 2012, the Holding Company's stockholders approved the 2012 Equity Incentive Plan (“Plan”). The Plan authorizes the grant of options for up to 123,445 shares of the Holding Company's common stock. The options granted have ten year terms and vest from one to five years. A summary of the activity in stock options under the Plan is as follows:

3. Earnings (loss) Per Share_ S

3. Earnings (loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Earnings Per Share, Basic and Diluted	2017 2016 Weighted- Per Weighted- Per Average Share Average Share Earnings Shares Amount Loss Shares Amount Three-Months Ended March 31: Basic EPS: Net earnings (loss) $ 124 951,161 $ 0.13 $ (91) 940,248 $ ( 0.10) Effect of dilutive securities: Incremental shares from assumed conversion of options 33,949 - Diluted EPS: Net earnings (loss) $ 124 985,110 $ 0.13 $ (91) 940,248 $ ( 0.10)

4. Securities Held To Maturity_

4. Securities Held To Maturity: Schedule of held to maturity securities carrying amount and fair value (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of held to maturity securities carrying amount and fair value	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value At March 31, 2017 Agency mortgage-backed securities $ 610 22 - 632 Agency collateralized mortgage obligations 15,015 21 (203) 14,833 Total $ 15,625 43 (203) 15,465 At December 31, 2016 Agency mortgage-backed securities $ 697 24 - 721 Agency collateralized mortgage obligations 15,815 15 (257) 15,573 Total $ 16,512 39 ( 257 16,294

4. Securities Held To Maturit29

4. Securities Held To Maturity: Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	Less than Twelve Months Twelve Months or Longer Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value At March 31, 2017: Agency collateralized mortgage obligations $ (69) 6,927 (134) 3,766 At December 31, 2016: Agency collateralized mortgage obligations $( 102 10,523 ( 155 3,941

5. Loans_ Schedule of Accounts,

5. Loans: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Accounts, Notes, Loans and Financing Receivable	March 31, December 31, 2017 2016 Real estate mortgage loans: One-to four-family $ 57,400 $ 56,601 Commercial real estate 58,763 52,960 Construction and lot 4,814 4,247 Total real estate loans 120,977 113,808 Commercial loans 4,915 4,217 Consumer loans: Home equity 7,054 7,166 Automobile and other 4,495 4,498 Credit cards and unsecured 5,558 5,796 Total consumer loans 17,107 17,460 Total loans 142,999 135,485 Add (deduct): Loans in process 984 (522) Deferred loan (fees) costs 73 38 Allowance for loan losses (968 (924) Total loans, net $ 143,088 134,077

5. Loans_ Schedule of Changes i

5. Loans: Schedule of Changes in Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Changes in Allowance for Loan Losses	An analysis of the change in the allowance for loan losses for the periods shown follows (in thousands): Real Estate Mortgage Loans Commercial Loans Consumer Loans Unallocated Total Three-Months Ended March 31, 2017: Beginning balance $ 558 74 292 - 924 Provision (credit) for loan loss (13) (5) 67 6 55 Charge-offs - - (39) - (39) Recoveries 13 - 15 - 28 Ending balance $ 558 69 335 6 968 Three-Months Ended March 31, 2016: Beginning balance $ 503 10 381 1 895 Provision (credit) for loan loss (35) 18 (9) 71 45 Charge-offs - - (38) - (38) Recoveries 3 - 22 - 25 Ending balance $ 471 28 356 72 927 At March 31, 2017: Individually evaluated for impairment: Recorded investment $ 2,547 - 210 - 2,757 Balance in allowance for loan losses $ 44 - 81 - 125 Collectively evaluated for impairment: Recorded investment $ 118,430 4,915 16,897 - 140,242 Balance in allowance for loan losses $ 514 69 254 6 843 At December 31, 2016: Individually evaluated for impairment: Recorded investment $ 2,559 - 162 - 2,721 Balance in allowance for loan losses $ 44 - 28 - 72 Collectively evaluated for impairment: Recorded investment $ 111,249 4,217 17,298 - 132,764 Balance in allowance for loan losses $ 514 74 264 - 852

5. Loans_ Financing Receivable

5. Loans: Financing Receivable Credit Quality Indicators (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Financing Receivable Credit Quality Indicators	Credit Risk One to Commercial Construc- Credit Profile by Four Real tion and Comme r Home Automobile Cards and Internally Family Estate Lot -cial Equity and Other Unsecured Total Assigned Grade: At March 31, 2017: Grade: Pass $ 54,628 58,763 4,814 4,915 6,798 4,405 5,533 139,856 Special mention 533 - - - 25 - - 558 Substandard 2,239 - - - 231 90 25 2,585 Total $ 57,400 58,763 4,814 4,915 7,054 4,495 5,558 142,999 At December 31, 2016: Grade: Pass $ 53,573 52,960 4,218 4,217 6,843 4,393 5,760 131,964 Special mention 807 - - - - - 4 811 Substandard 2,221 - 29 - 323 105 32 2,710 Total $ 56,601 52,960 4,247 4,217 7,166 4,498 5,796 135,485

5. Loans_ Schedule of Past Due

5. Loans: Schedule of Past Due Loans Age Analysis (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Past Due Loans Age Analysis	Age analysis of past-due loans at the dates indicated is as follows (in thousands): Accruing Loans 90 Days 30-59 60-89 and Total Days Days Greater Past Nonaccrual Total Past Due Past Due Past Due Due Current Loans Loans At March 31, 2017: Real estate loans: One-to four-family $ 1,110 5 - 1,115 54,046 2,239 57,400 Commercial real estate - - - - 58,763 - 58,763 Construction and lot 32 - - 32 4,782 - 4,814 Commercial loans - - - - 4,915 - 4,915 Consumer loans: Home equity 51 - - 51 6,691 312 7,054 Automobile and other - - - - 4,405 90 4,495 Credit cards and unsecured 32 - 57 89 5,444 25 5,558 Total $ 1,225 5 57 1,287 139,046 2,666 142,999 At December 31, 2016: Real estate loans: One-to-four family $ 772 277 - 1,049 53,465 2,087 56,601 Commercial - - - - 52,960 - 52,960 Construction and lot 85 - - 85 4,162 - 4,247 Commercial loans 17 - - 17 4,200 - 4,217 Consumer loans: Home equity 60 - - 60 6,786 320 7,166 Automobile and other 21 - - 21 4,373 104 4,498 Credit cards and unsecured 138 4 7 149 5,614 33 5,796 Total $ 1,093 281 7 1,381 131,560 2,544 135,485

5. Loans_ Schedule of Impaired

5. Loans: Schedule of Impaired Loans (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Impaired Loans	The following summarizes the amount of impaired loans at the dates indicated (in thousands): With No Related Allowance Recorded With an Allowance Recorded Total Recorded Investment Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance At March 31, 2017: Real estate loans: One-to four-family $ 1,975 2,027 572 588 44 2,547 2,615 44 Consumer loans: Home equity 122 133 88 97 81 210 230 81 $ 2,097 2,160 660 685 125 2,757 2,845 125 At December 31, 2016: Real estate loans: One-to four-family $ 1,985 2,037 574 591 44 2,559 2,628 44 Consumer loans: Home equity 126 137 36 45 28 162 182 28 $ 2,111 2,174 610 636 72 2,721 2,810 72

5. Loans_ Schedule of Investmen

5. Loans: Schedule of Investment in Impaired Loans and Interest Income Recognized and Received (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Investment in Impaired Loans and Interest Income Recognized and Received	Average Interest Interest Recorded Income Income Investment Recognized Received For the Three Months Ended March 31, 2017: Real estate loans: One-to four-family $ 2,506 38 39 Consumer loans: Home equity 130 2 2 Total $ 2,636 40 41 For the Three Months Ended March 31, 2016: Real estate loans: One-to four-family 2,712 34 36 Consumer loans: Home equity 216 3 4 Total $ 2,928 37 40

7. Off-balance-sheet Financia36

7. Off-balance-sheet Financial Instruments: Schedule of Fair Value, Off-balance Sheet Risks (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Fair Value, Off-balance Sheet Risks	Contract Amount Unused lines of credit $ 13,861 Unused construction loan commitments $ 3,137 Commitments to extend credit $ 1,200

8. Fair Value of Financial In37

8. Fair Value of Financial Instruments: Schedule of Financial Instruments Fair Value (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Financial Instruments Fair Value	At March 31, 2017 At December 31, 2016 Carrying Fair Carrying Fair Amount Value Level Amount Value Level Financial assets: Cash and cash equivalents $ 10,984 10,984 1 11,313 11,313 1 Securities held to maturity 15,625 15,465 2 16,512 16,294 2 Loans 143,088 144,046 3 134,077 132,454 3 Federal Home Loan Bank stock 836 836 3 684 684 3 Accrued interest receivable 413 413 3 449 449 3 Financial liabilities: Deposits 142,091 135,904 3 137,902 132,280 3 Federal Home Loan Bank advances 16,000 15,999 3 12,750 12,750 3 Off-balance-sheet financial instruments - - 3 - - 3

10. Equity Incentive Plan_ Sche

10. Equity Incentive Plan: Schedule of Equity Incentive Plan Stock Options (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Equity Incentive Plan Stock Options	Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2015 81,500 $ 11.62 Outstanding at March 31, 2016 81,500 $ 11.62 6.87 Outstanding at December 31, 2016 80,500 11.63 Outstanding at March 31, 2017 80,500 $ 11.63 5.88 $698,000 Exercisable at March 31, 2017 10,000 $ 10.75 5.70 $ 95,500

10. Equity Incentive Plan_ Sc39

10. Equity Incentive Plan: Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	A summary of the activity in restricted stock under the Plan is as follows: Number of Shares Weighted-Average Grant-Date Fair Value Outstanding at December 31, 2015 28,700 $ 16.92 Outstanding at March 31, 2016 28,700 16.92 Outstanding at December 31, 2016 19,400 16.94 Outstanding at March 31, 2017 19,400 $ 16.94

11. Fair Value Measurements_ Sc

11. Fair Value Measurements: Schedule Of Impaired Collateral Dependent Loans Measured At Fair Value On Nonrecurring Basis (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule Of Impaired Collateral Dependent Loans Measured At Fair Value On Nonrecurring Basis	Fair Value Level 1 Level 2 Level 3 Total Losses Losses Recorded During the Period At March 31, 2017: One-to four-family $ 572 - - 572 44 - Home equity 35 - - 35 28 - Total $ 607 - - 607 72 - At December 31, 2016: One-to four-family $ 574 - - 574 44 - Home equity 36 - - 36 28 - Total $ 610 - - 610 72 -

11. Fair Value Measurements_ 41

11. Fair Value Measurements: Schedule of Foreclosed Real Estate Measured at Fair Value on Nonrecurring Basis (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Foreclosed Real Estate Measured at Fair Value on Nonrecurring Basis	Quoted Prices In Active Significant Markets for Other Significant Losses Identical Observable Unobservable Recorded Fair Assets Inputs Inputs Total During the Value (Level 1) (Level 2) (Level 3) Losses Period At March 31, 2017: Foreclosed real estate $ 137 - - 137 - - At December 31, 2016: Foreclosed real estate $ 141 - - 141 32 27

12. Regulatory Matters_ Schedul

12. Regulatory Matters: Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations (Tables)	3 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The Bank's actual regulatory capital amounts and percentages are presented in the table ($ in thousands). Actual Minimum For Capital Adequacy Purposes Minimum To Be Well Capitalized Under Prompt and Corrective Action Provisions Amount % Amount % Amount % At March 31, 2017: Total Capital to Risk- Weighted Assets $ 19,821 14.71% $ 10,782 8.00% $ 13,477 10.00% Tier I Capital to Risk- Weighted Assets 18,853 13.99 8,086 6.00 10,782 8.00 Tier I Capital to Total Assets 18,853 11.33 6,659 4.00 8,323 5.00 Common equity Tier 1 Capital to Risk-Weighted Assets 18,853 13.99 6,065 4.50 8,760 6.50 At December 31, 2016: Total Capital to Risk- Weighted Assets 19,539 15.34 10,191 8.00 12,739 10.00 Tier I Capital to Risk- Weighted Assets 18,615 14.61 7,643 6.00 10,191 8.00 Tier I Capital to Total Assets 18,615 11.42 6,519 4.00 8,148 5.00 Common equity Tier 1 Capital to Risk-Weighted Assets 18,615 14.61 5,733 4.50 8,280 6.50

1. Organization and Basis of 43

1. Organization and Basis of Presentation: Business Description and Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2017
Details
Entity Incorporation, State Country Name	Maryland corporation

3. Earnings (loss) Per Share_44

3. Earnings (loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Basic EPS | Net earnings (loss)
Earnings (Loss) Per Share Income	$ 124	$ (91)
Weighted Average Number of Shares Issued, Basic	951,161	940,248
Per Share Amount	$ 0.13	$ (0.10)
Effect of dilutive securities | Incremental shares from assumed conversion of options (antidilutive in 2012)
Weighted Average Number of Shares Issued, Basic	33,949
Diluted EPS | Net earnings (loss)
Earnings (Loss) Per Share Income	$ 124	$ (91)
Weighted Average Number of Shares Issued, Basic	985,110	940,248
Per Share Amount	$ 0.13	$ (0.10)

4. Securities Held To Maturit45

4. Securities Held To Maturity: Schedule of held to maturity securities carrying amount and fair value (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities held to maturity fair value	$ 15,465	$ 16,294
Held-to-maturity Securities
Held to Maturity Securities Amortized Cost	15,625	16,512
Held to Maturity Securities Gross Unrealized Gains	43	39
Held to Maturity Securities Gross Unrealized Losses	(203)	(257)
Securities held to maturity fair value	15,465	16,294
Collateralized Mortgage Backed Securities
Held to Maturity Securities Amortized Cost	610	697
Held to Maturity Securities Gross Unrealized Gains	22	24
Securities held to maturity fair value	632	721
Collateralized Mortgage Obligations
Held to Maturity Securities Amortized Cost	15,015	15,815
Held to Maturity Securities Gross Unrealized Gains	21	15
Held to Maturity Securities Gross Unrealized Losses	(203)	(257)
Securities held to maturity fair value	$ 14,833	$ 15,573

4. Securities Held To Maturit46

4. Securities Held To Maturity: Held to Maturity Securities Pledged as Collateral (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Details
Held-to-maturity Securities Pledged as Collateral	$ 0	$ 0

4. Securities Held To Maturit47

4. Securities Held To Maturity: Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Details) - Collateralized Mortgage Obligations - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$ (69)	$ (102)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	6,927	10,523
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(134)	(155)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	$ 3,766	$ 3,941

5. Loans_ Schedule of Account48

5. Loans: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Commercial Loan
Loans and Financing Receivables	$ 4,915	$ 4,217
Home Equity Line of Credit
Loans and Financing Receivables	7,054	7,166
Automobile Loan
Loans and Financing Receivables	4,495	4,498
Credit Card Receivable
Loans and Financing Receivables	5,558	5,796
Consumer Loan
Loans and Financing Receivables	17,107	17,460
LoansReceivableGrossMember
Loans and Financing Receivables	142,999	135,485
Loans in process
Loans and Financing Receivables	984	(522)
Deferred fees and discounts
Loans and Financing Receivables	73	38
Allowance for Notes Receivable
Loans and Financing Receivables	(968)	(924)
LoansReceivableNetMember
Loans and Financing Receivables	143,088	134,077
Real Estate Loan | One To Four Family
Loans and Financing Receivables	57,400	56,601
Real Estate Loan | Commercial Real Estate
Loans and Financing Receivables	58,763	52,960
Real Estate Loan | Construction Loans
Loans and Financing Receivables	4,814	4,247
Real Estate Loan | Real Estate Total
Loans and Financing Receivables	$ 120,977	$ 113,808

5. Loans_ Schedule of Changes49

5. Loans: Schedule of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Commercial Loan
Provision (credit) for loan losses	$ (5)	$ 18
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	4,915		$ 4,217
Financing Receivables After Collectively Evaluated for Impairment	69		74
Commercial Loan | Beginning Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	74	10
Commercial Loan | Ending Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	69	28
Consumer Loan
Provision (credit) for loan losses	67	(9)
Allowance for Doubtful Accounts Receivable, Write-offs	(39)	(38)
Allowance for Doubtful Accounts Receivable, Recoveries	15	22
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	210		162
Financing Receivables After Individually Evaluated for Impairment	81		28
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	16,897		17,298
Financing Receivables After Collectively Evaluated for Impairment	254		264
Consumer Loan | Beginning Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	292	381
Consumer Loan | Ending Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	335	356
Unallocated Financing Receivables
Provision (credit) for loan losses	6	71
Financing Receivables After Collectively Evaluated for Impairment	6
Unallocated Financing Receivables | Beginning Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method		1
Unallocated Financing Receivables | Ending Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	6	72
Financing Receivable
Provision (credit) for loan losses	55	45
Allowance for Doubtful Accounts Receivable, Write-offs	(39)	(38)
Allowance for Doubtful Accounts Receivable, Recoveries	28	25
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	2,757		2,721
Financing Receivables After Individually Evaluated for Impairment	125		72
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	140,242		132,764
Financing Receivables After Collectively Evaluated for Impairment	843		852
Financing Receivable | Beginning Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	924	895
Financing Receivable | Ending Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	968	927
Real Estate Loan
Provision (credit) for loan losses	(13)	(35)
Allowance for Doubtful Accounts Receivable, Recoveries	13	3
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	2,547		2,559
Financing Receivables After Individually Evaluated for Impairment	44		44
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	118,430		111,249
Financing Receivables After Collectively Evaluated for Impairment	514		$ 514
Real Estate Loan | Beginning Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	558	503
Real Estate Loan | Ending Balance
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method	$ 558	$ 471

5. Loans_ Financing Receivabl50

5. Loans: Financing Receivable Credit Quality Indicators (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Commercial Loan | Pass
Receivables Credit Quality	$ 4,915	$ 4,217
Commercial Loan | Total Credit Risk
Receivables Credit Quality	4,915	4,217
Home Equity Line of Credit | Pass
Receivables Credit Quality	6,798	6,843
Home Equity Line of Credit | Special Mention
Receivables Credit Quality	25
Home Equity Line of Credit | Substandard
Receivables Credit Quality	231	323
Home Equity Line of Credit | Total Credit Risk
Receivables Credit Quality	7,054	7,166
Automobile Loan | Pass
Receivables Credit Quality	4,405	4,393
Automobile Loan | Substandard
Receivables Credit Quality	90	105
Automobile Loan | Total Credit Risk
Receivables Credit Quality	4,495	4,498
Credit Card Receivable | Pass
Receivables Credit Quality	5,533	5,760
Credit Card Receivable | Special Mention
Receivables Credit Quality		4
Credit Card Receivable | Substandard
Receivables Credit Quality	25	32
Credit Card Receivable | Total Credit Risk
Receivables Credit Quality	5,558	5,796
Financing Receivable | Pass
Receivables Credit Quality	139,856	131,964
Financing Receivable | Special Mention
Receivables Credit Quality	558	811
Financing Receivable | Substandard
Receivables Credit Quality	2,585	2,710
Financing Receivable | Total Credit Risk
Receivables Credit Quality	142,999	135,485
Real Estate Loan | One To Four Family | Pass
Receivables Credit Quality	54,628	53,573
Real Estate Loan | One To Four Family | Special Mention
Receivables Credit Quality	533	807
Real Estate Loan | One To Four Family | Substandard
Receivables Credit Quality	2,239	2,221
Real Estate Loan | One To Four Family | Total Credit Risk
Receivables Credit Quality	57,400	56,601
Real Estate Loan | Commercial Real Estate | Pass
Receivables Credit Quality	58,763	52,960
Real Estate Loan | Commercial Real Estate | Total Credit Risk
Receivables Credit Quality	58,763	52,960
Real Estate Loan | Construction Loans | Pass
Receivables Credit Quality	4,814	4,218
Real Estate Loan | Construction Loans | Substandard
Receivables Credit Quality		29
Real Estate Loan | Construction Loans | Total Credit Risk
Receivables Credit Quality	$ 4,814	$ 4,247

5. Loans_ Schedule of Past Du51

5. Loans: Schedule of Past Due Loans Age Analysis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Commercial Loan
Financing Receivable Recorded Investment 30 to 59 Days Past Due		$ 17
Financing Receivable, Recorded Investment, Past Due		17
Financing Receivable, Recorded Investment, Current	$ 4,915	4,200
Accounts, Notes, Loans and Financing Receivable, Net, Current	4,915	4,217
Home Equity Line of Credit
Financing Receivable Recorded Investment 30 to 59 Days Past Due	51	60
Financing Receivable, Recorded Investment, Past Due	51	60
Financing Receivable, Recorded Investment, Current	6,691	6,786
Financing Receivable, Recorded Investment, Nonaccrual Status	312	320
Accounts, Notes, Loans and Financing Receivable, Net, Current	7,054	7,166
Automobile Loan
Financing Receivable Recorded Investment 30 to 59 Days Past Due		21
Financing Receivable, Recorded Investment, Past Due		21
Financing Receivable, Recorded Investment, Current	4,405	4,373
Financing Receivable, Recorded Investment, Nonaccrual Status	90	104
Accounts, Notes, Loans and Financing Receivable, Net, Current	4,495	4,498
Credit Card Receivable
Financing Receivable Recorded Investment 30 to 59 Days Past Due	32	138
Financing Receivable Recorded Investment 60 to 89 Days Past Due		4
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	57	7
Financing Receivable, Recorded Investment, Past Due	89	149
Financing Receivable, Recorded Investment, Current	5,444	5,614
Financing Receivable, Recorded Investment, Nonaccrual Status	25	33
Accounts, Notes, Loans and Financing Receivable, Net, Current	5,558	5,796
Financing Receivable
Financing Receivable Recorded Investment 30 to 59 Days Past Due	1,225	1,093
Financing Receivable Recorded Investment 60 to 89 Days Past Due	5	281
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	57	7
Financing Receivable, Recorded Investment, Past Due	1,287	1,381
Financing Receivable, Recorded Investment, Current	139,046	131,560
Financing Receivable, Recorded Investment, Nonaccrual Status	2,666	2,544
Accounts, Notes, Loans and Financing Receivable, Net, Current	142,999	135,485
Real Estate Loan | One To Four Family
Financing Receivable Recorded Investment 30 to 59 Days Past Due	1,110	772
Financing Receivable Recorded Investment 60 to 89 Days Past Due	5	277
Financing Receivable, Recorded Investment, Past Due	1,115	1,049
Financing Receivable, Recorded Investment, Current	54,046	53,465
Financing Receivable, Recorded Investment, Nonaccrual Status	2,239	2,087
Accounts, Notes, Loans and Financing Receivable, Net, Current	57,400	56,601
Real Estate Loan | Commercial Real Estate
Financing Receivable, Recorded Investment, Current	58,763	52,960
Accounts, Notes, Loans and Financing Receivable, Net, Current	58,763	52,960
Real Estate Loan | Construction Loans
Financing Receivable Recorded Investment 30 to 59 Days Past Due	32	85
Financing Receivable, Recorded Investment, Past Due	32	85
Financing Receivable, Recorded Investment, Current	4,782	4,162
Accounts, Notes, Loans and Financing Receivable, Net, Current	$ 4,814	$ 4,247

5. Loans_ Schedule of Impaire52

5. Loans: Schedule of Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Home Equity Line of Credit
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 122	$ 126
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	133	137
Impaired Financing Receivable, with Related Allowance, Recorded Investment	88	36
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	97	45
Impaired Financing Receivable With Related Allowance Related Allowance	81	28
Impaired Financing Receivable, Recorded Investment	210	162
Impaired Financing Receivable, Unpaid Principal Balance	230	182
Impaired Financing Receivable, Related Allowance	81	28
Impaired Financing Receivables
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,097	2,111
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	2,160	2,174
Impaired Financing Receivable, with Related Allowance, Recorded Investment	660	610
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	685	636
Impaired Financing Receivable With Related Allowance Related Allowance	125	72
Impaired Financing Receivable, Recorded Investment	2,757	2,721
Impaired Financing Receivable, Unpaid Principal Balance	2,845	2,810
Impaired Financing Receivable, Related Allowance	125	72
Real Estate Loan | One To Four Family
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,975	1,985
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	2,027	2,037
Impaired Financing Receivable, with Related Allowance, Recorded Investment	572	574
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	588	591
Impaired Financing Receivable With Related Allowance Related Allowance	44	44
Impaired Financing Receivable, Recorded Investment	2,547	2,559
Impaired Financing Receivable, Unpaid Principal Balance	2,615	2,628
Impaired Financing Receivable, Related Allowance	$ 44	$ 44

5. Loans_ Schedule of Investm53

5. Loans: Schedule of Investment in Impaired Loans and Interest Income Recognized and Received (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Home Equity Line of Credit
Impaired Financing Receivable, Average Recorded Investment	$ 130	$ 216
Impaired Financing Receivable Interest Income Recognized	2	3
Impaired Financing Receivable Interest Income Received	2	4
Impaired Financing Receivables
Impaired Financing Receivable, Average Recorded Investment	2,636	2,928
Impaired Financing Receivable Interest Income Recognized	40	37
Impaired Financing Receivable Interest Income Received	41	40
Real Estate Loan | One To Four Family
Impaired Financing Receivable, Average Recorded Investment	2,506	2,712
Impaired Financing Receivable Interest Income Recognized	38	34
Impaired Financing Receivable Interest Income Received	$ 39	$ 36

5. Loans_ Troubled Debt Restruc

5. Loans: Troubled Debt Restructurings (Details)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Details
Financing Receivable, Modifications, Number of Contracts	0	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0

6. Lines of Credit_ Line of Cre

6. Lines of Credit: Line of Credit (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Line of Credit Facility, Fair Value of Amount Outstanding	$ 16,000	$ 12,750
Federal Home Loan Bank, Advances, Interest Rate	0.87%	0.63%
Correspondent Bank
Lines of Credit, Fair Value Disclosure	$ 6,000
Federal Home Loan Bank of Atlanta
Lines of Credit, Fair Value Disclosure	$ 43,300

7. Off-balance-sheet Financia56

7. Off-balance-sheet Financial Instruments: Schedule of Fair Value, Off-balance Sheet Risks (Details) - Commitments to Extend Credit $ in Thousands	Mar. 31, 2017USD ($)
Unused Commitments to Extend Credit	$ 13,861
Long-term Line of Credit	1,200
Construction Loans
Unused Commitments to Extend Credit	$ 3,137

8. Fair Value of Financial In57

8. Fair Value of Financial Instruments: Schedule of Financial Instruments Fair Value (Details) $ in Thousands	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Off balance sheet
Fair Value Hierarchy Level	3	3
Assets | Cash and Cash Equivalents
Financial Instruments Owned Carrying Amount	$ 10,984	$ 11,313
Financial Instruments, Owned, at Fair Value	$ 10,984	$ 11,313
Fair Value Hierarchy Level	1	1
Assets | Held-to-maturity Securities
Financial Instruments Owned Carrying Amount	$ 15,625	$ 16,512
Financial Instruments, Owned, at Fair Value	$ 15,465	$ 16,294
Fair Value Hierarchy Level	2	2
Assets | Loans Receivable
Financial Instruments Owned Carrying Amount	$ 143,088	$ 134,077
Financial Instruments, Owned, at Fair Value	$ 144,046	$ 132,454
Fair Value Hierarchy Level	3	3
Assets | Investment in Federal Home Loan Bank Stock
Financial Instruments Owned Carrying Amount	$ 836	$ 684
Financial Instruments, Owned, at Fair Value	$ 836	$ 684
Fair Value Hierarchy Level	3	3
Assets | Accrued interest receivable
Financial Instruments Owned Carrying Amount	$ 413	$ 449
Financial Instruments, Owned, at Fair Value	$ 413	$ 449
Fair Value Hierarchy Level	3	3
Financial liabilities | Deposits
Financial Instruments Owned Carrying Amount	$ 142,091	$ 137,902
Financial Instruments, Owned, at Fair Value	$ 135,904	$ 132,280
Fair Value Hierarchy Level	3	3
Financial liabilities | Federal Home Loan Bank Advances
Financial Instruments Owned Carrying Amount	$ 16,000	$ 12,750
Financial Instruments, Owned, at Fair Value	$ 15,999	$ 12,750
Fair Value Hierarchy Level	3	3

9. Employee Stock Ownership P58

9. Employee Stock Ownership Plan (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Apr. 05, 2011
Details
Employee Stock Ownership Plan (ESOP), Shares in ESOP	98,756
Employee Stock Ownership Plan (ESOP), Debt Structure, Direct Loan, Amount			$ 988
Employee Stock Ownership Plan (ESOP) Interest Rate on Loan for Shares			4.25%
ESOP compensation expense	$ 25	$ 24
Employee Stock Ownership Plan (ESOP), Number of Suspense Shares	39,601	49,477

10. Equity Incentive Plan_ Sh59

10. Equity Incentive Plan: Share-based Compensation, Option and Incentive Plans Policy: 2012 Equity Incentive Plan Common Stock Options (Details)	May 23, 2012shares
Equity Incentive Plan -- 2012
Common Stock Options Authorized	123,445

10. Equity Incentive Plan_ Sc60

10. Equity Incentive Plan: Schedule of Equity Incentive Plan Stock Options (Details) $ / shares in Units, $ in Thousands	Mar. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares	Mar. 31, 2016$ / sharesshares	Dec. 31, 2015$ / sharesshares
Options Outstanding
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | shares		80,500	81,500	81,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares		$ 11.63	$ 11.62	$ 11.62
Share-based Compensation Arrangement by Share-based Payment Award, Weighted Average Remaining Contractual Term (In Years)			6.87
Options Exercised
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | shares		80,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares		$ 11.63
Share-based Compensation Arrangement by Share-based Payment Award, Weighted Average Remaining Contractual Term (In Years)		5.88
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $		$ 698,000
Options Exercisable
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | shares	10,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 10.75
Share-based Compensation Arrangement by Share-based Payment Award, Weighted Average Remaining Contractual Term (In Years)	5.70
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $	$ 95,500

10. Equity Incentive Plan_ Equi

10. Equity Incentive Plan: Equity Incentive Plan Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Equity Incentive Plan Common Stock Expense Cost	The cost is expected to be recognized over a weighted average period of twenty-eight months.
Stock-based compensation expense	$ 51	$ 51
Equity Incentive Plan -- 2012
Stock-based compensation expense	$ 12

10. Equity Incentive Plan (Deta

10. Equity Incentive Plan (Details) - Equity Incentive Plan -- 2012 - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	May 23, 2012
Number of Restricted Stock Authorized			49,378
Compensation expense for restricted stock	$ 39	$ 39
Employee Service Share-based Compensation, Tax Benefit from Exercise of Stock Options	$ 15	$ 15

10. Equity Incentive Plan_ Sc63

10. Equity Incentive Plan: Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity (Details) - Restricted Stock - Restricted stock outstanding - $ / shares	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	19,400	19,400	28,700	28,700
Share based Compensation Arrangement By Share based Payment Award Options Weighted Average Grant Date Fair Value	$ 16.94	$ 16.94	$ 16.92	$ 16.92

10. Equity Incentive Plan_ Nonv

10. Equity Incentive Plan: Nonvested Restricted Stock Expense (Details) $ in Thousands	Mar. 31, 2017USD ($)
Equity Incentive Plan -- 2012
Unrecognized Compensation Expense Related to Nonvested Restricted Stock	$ 261

11. Fair Value Measurements_ 65

11. Fair Value Measurements: Schedule Of Impaired Collateral Dependent Loans Measured At Fair Value On Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Home Equity Line of Credit
Impaired Collateral Dependent Loans Fair Value	$ 35	$ 36
Impaired Collateral Dependent Loans, Total
Impaired Collateral Dependent Loans Fair Value	607	610
Real Estate Loan | One To Four Family
Impaired Collateral Dependent Loans Fair Value	$ 572	$ 574

11. Fair Value Measurements_ 66

11. Fair Value Measurements: Schedule of Foreclosed Real Estate Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Foreclosed real estate
Foreclosed real estate measured at fair value on nonrecurring basis	$ 137	$ 141

12. Regulatory Matters_ Sched67

12. Regulatory Matters: Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Total Capital to Risk-Weighted Assets
Capital	$ 19,821	$ 19,539
Capital to Risk Weighted Assets	14.71%	15.34%
Capital Required for Capital Adequacy	$ 10,782	$ 10,191
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Capital Required to be Well Capitalized	$ 13,477	$ 12,739
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%	10.00%
Tier I Capital to Risk-Weighted Assets
Capital	$ 18,853	$ 18,615
Capital to Risk Weighted Assets	13.99%	14.61%
Capital Required for Capital Adequacy	$ 8,086	$ 7,643
Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	6.00%
Capital Required to be Well Capitalized	$ 10,782	$ 10,191
Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%	8.00%
Tier I Capital to Total Assets
Capital	$ 18,853	$ 18,615
Capital to Risk Weighted Assets	11.33%	11.42%
Capital Required for Capital Adequacy	$ 6,659	$ 6,519
Capital Required for Capital Adequacy to Risk Weighted Assets	4.00%	4.00%
Capital Required to be Well Capitalized	$ 8,323	$ 8,148
Capital Required to be Well Capitalized to Risk Weighted Assets	5.00%	5.00%
Common equity Tier I Capital to Risk-Weighted Assets
Capital	$ 18,853	$ 18,615
Capital to Risk Weighted Assets	13.99%	14.61%
Capital Required for Capital Adequacy	$ 6,065	$ 5,733
Capital Required for Capital Adequacy to Risk Weighted Assets	4.50%	4.50%
Capital Required to be Well Capitalized	$ 8,760	$ 8,280
Capital Required to be Well Capitalized to Risk Weighted Assets	6.50%	6.50%