Wellesley Bancorp 10-Q 12 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	1-May-15
Document Information
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	WEBK
Entity Registrant Name	WELLESLEY BANCORP, INC.
Entity Central Index Key	1526952
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		2,459,138

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Assets
Cash and due from banks	$2,877	$2,816
Short-term investments	18,192	16,455
Total cash and cash equivalents	21,069	19,271
Certificates of deposit	100	100
Securities available for sale, at fair value	55,328	52,681
Federal Home Loan Bank of Boston stock, at cost	3,660	3,660
Loans held for sale	1,664	537
Loans	450,875	448,084
Less allowance for loan losses	-4,716	-4,738
Loans, net	446,159	443,346
Bank-owned life insurance	6,898	6,841
Premises and equipment, net	3,714	3,753
Accrued interest receivable	1,243	1,216
Net deferred tax asset	1,864	2,008
Other assets	1,946	1,702
Total assets	543,645	535,115
Deposits:
Noninterest-bearing	65,410	58,859
Interest-bearing	364,699	363,386
Deposits, Total	430,109	422,245
Short-term borrowings	4,000	2,000
Long-term debt	57,500	59,500
Accrued expenses and other liabilities	1,966	2,024
Total liabilities	493,575	485,769
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value; 1,000,000 shares authorized, none issued
Common stock, $0.01 par value; 14,000,000 shares authorized, 2,459,138 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	24	24
Additional paid-in capital	23,575	23,419
Retained earnings	27,425	27,027
Accumulated other comprehensive income	555	417
Unearned compensation - ESOP	-1,509	-1,541
Total stockholders' equity	50,070	49,346
Total liabilities and stockholders' equity	$543,645	$535,115

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	14,000,000	14,000,000
Common stock, shares issued	2,459,138	2,459,138
Common stock, shares outstanding	2,459,138	2,459,138

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Interest and dividend income:
Loans and loans held for sale	$4,846	$4,355
Debt securities:
Taxable	239	148
Tax-exempt	46	44
Short-term investments and certificates of deposit	9	8
FHLB stock	16	12
Total interest and dividend income	5,156	4,567
Interest expense:
Deposits	656	668
Short-term borrowings	3	5
Long-term debt	174	128
Total interest expense	833	801
Net interest income	4,323	3,766
Provision for loan losses	50	180
Net interest income, after provision for loan losses	4,273	3,586
Noninterest income:
Customer service fees	31	34
Gain on sales of securities, net		16
Mortgage banking activities	52	22
Income on bank-owned life insurance	57	58
Wealth management fees	95	112
Miscellaneous	10	11
Total noninterest income	245	253
Noninterest expenses:
Salaries and employee benefits	2,331	1,873
Occupancy and equipment	592	500
Data processing	142	156
FDIC insurance	93	68
Professional fees	172	177
Advertising	83	93
Other general and administrative	361	317
Total noninterest expenses	3,774	3,184
Income before income taxes	744	655
Provision for income taxes	285	261
Net income	459	394
Other comprehensive income:
Net unrealized holding gains on available-for-sale securities	228	113
Reclassification adjustment for net gains on sales of securities recognized in noninterest income		-16
Income tax expense	-90	-37
Total other comprehensive income, net of tax	138	60
Comprehensive income	$597	$454
Earnings per common share:
Basic	$0.20	$0.17
Diluted	$0.20	$0.17
Weighted average shares outstanding:
Basic	2,306,684	2,289,257
Diluted	2,318,594	2,290,424

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Stockholders' Equity (USD $)	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Unearned Compensation ESOP
In Thousands, except Share data
Beginning Balance at Dec. 31, 2013	$46,789	$24	$22,845	$25,423	$166	($1,669)
Beginning Balance (in shares) at Dec. 31, 2013		2,454,465
Comprehensive income	454			394	60
Share based compensation- equity incentive plan	120		120
Issuance of stock under stock option plan (in shares)		400
Issuance of stock under stock option plan	6		6
ESOP shares committed to be allocated (3,209 for March 31, 2014 and 3,210 for March 31, 2015)	60		28			32
Ending Balance at Mar. 31, 2014	47,429	24	22,999	25,817	226	-1,637
Ending Balance (in shares) at Mar. 31, 2014		2,454,865
Beginning Balance at Dec. 31, 2014	49,346	24	23,419	27,027	417	-1,541
Beginning Balance (in shares) at Dec. 31, 2014		2,459,138
Comprehensive income	597			459	138
Dividends paid to common stockholders ($0.025 per share)	-61			-61
Share based compensation- equity incentive plan	127		127
Issuance of stock under stock option plan (in shares)	0
ESOP shares committed to be allocated (3,209 for March 31, 2014 and 3,210 for March 31, 2015)	61		29			32
Ending Balance at Mar. 31, 2015	$50,070	$24	$23,575	$27,425	$555	($1,509)
Ending Balance (in shares) at Mar. 31, 2015		2,459,138

Consolidated_Statements_of_Cha1

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) (USD $)	0 Months Ended	3 Months Ended
	Mar. 18, 2015	Mar. 31, 2015	Mar. 31, 2014
Dividends paid to common stockholders, per share	$0.03	$0.03
ESOP shares committed to be allocated, Shares		3,210	3,209

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net income	$459	$394
Adjustment to reconcile net income to net cash (used) provided by operating activities:
Provision for loan losses	50	180
Depreciation and amortization	161	140
Net amortization of securities	56	40
Gain on sales of securities, net		-16
Principal balance of loans sold	6,315	4,261
Loans originated for sale	-7,494	-4,781
Accretion of net deferred loan fees	-79	-75
Income on bank-owned life insurance	-57	-58
Deferred income tax provision (benefit)	54	-31
ESOP expense	61	60
Share-based compensation	127	120
Net change in other assets and liabilities	-327	-69
Net cash (used) provided by operating activities	-674	165
Activity in securities available for sale:
Maturities, prepayments and calls	5,985	2,290
Purchases	-8,460	-8,797
Proceeds from sales of securities	0	906
Loan originations, net of principal payments	-2,732	-13,991
Additions to premises and equipment	-124	-93
Net cash used by investing activities	-5,331	-19,685
Cash flows from financing activities:
Net increase in deposits	7,864	24,250
Net increase (decrease) in short-term borrowings	2,000	-5,000
Repayments of long term debt	-2,000	-2,000
Proceeds from issuance of stock under option plan		6
Cash dividends paid to common stockholders	-61
Net cash provided by financing activities	7,803	17,256
Net change in cash and cash equivalents	1,798	-2,264
Cash and cash equivalents at beginning period	19,271	19,067
Cash and cash equivalents at end of period	21,069	16,803
Supplementary information:
Interest paid	833	798
Income taxes paid	$190	$150

BASIS_OF_PRESENTATION_AND_CONS

BASIS OF PRESENTATION AND CONSOLIDATION	3 Months Ended
	Mar. 31, 2015
BASIS OF PRESENTATION AND CONSOLIDATION	NOTE 1 – BASIS OF PRESENTATION AND CONSOLIDATION
	The accompanying unaudited interim consolidated financial statements include the accounts of Wellesley Bancorp, Inc. (the “Company”),  and its wholly-owned subsidiary Wellesley Bank (the “Bank”), the principal operating entity, and its wholly-owned subsidiaries: Wellesley Securities Corporation, which engages in the business of buying, selling and dealing in securities exclusively on its own behalf; Wellesley Investment Partners, LLC, formed to provide investment management services for individuals, not-for-profit entities and businesses; and Central Linden, LLC, to hold, manage and sell foreclosed real estate.  All significant intercompany balances and transactions have been eliminated in consolidation.  These financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information, and with the instructions to Form 10-Q and Regulation S-X.  Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements.
	In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included.  The accompanying consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s 2014 Annual Report on Form 10-K.  The results for the three months ended March 31, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015, or for any other period.

LOAN_POLICIES

LOAN POLICIES	3 Months Ended
	Mar. 31, 2015
LOAN POLICIES	NOTE 2 – LOAN POLICIES
	The loan portfolio consists of real estate, commercial and other loans to the Company’s customers in our primary market areas in eastern Massachusetts.  The ability of the Company’s debtors to honor their contracts is dependent upon the economy in general and the real estate and construction sectors within our markets.
	Loans that management has the intent and ability to hold for the foreseeable future, or until maturity or pay-off, are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred loan origination fees or costs.  Interest income is accrued on the unpaid principal balance.  Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method.
	Interest is generally not accrued on loans which are identified as impaired or loans which are ninety days or more past due.  Past due status is based on the contractual terms of the loan.  Interest income previously accrued on such loans is reversed against current period interest income.  Interest income on non-accrual loans is recognized only to the extent of interest payments received and is first applied to the outstanding principal balance when collectibility of principal is in doubt.  Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured through sustained payment performance for at least six months.
	Allowance for loan losses
	The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings.  Loan losses are charged against the allowance when management believes the uncollectibility of the loan balance is confirmed.  Subsequent recoveries, if any, are credited to the allowance.
	The allowance for loan losses is evaluated on a regular basis by management.  This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.  The allowance consists of general, allocated and unallocated components.
	General component
	The general component is based on the following loan segments: residential real estate, commercial real estate, construction, commercial, home equity lines of credit and other consumer.  Management considers a rolling average of historical losses for each segment based on a time frame appropriate to capture relevant loss data for each loan segment, generally 3 and 10 years.  This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies; trends in volume, concentrations and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions.  There were no significant changes to the Company’s policies or methodology pertaining to the general component of the allowance during the first quarter of 2015.
	The qualitative factor adjustments are determined based on the various risk characteristics of each loan segment.  Risk characteristics relevant to each portfolio segment are as follows:
	Residential real estate – The Company generally does not originate loans with a loan-to-value ratio greater than 80 percent and does not originate subprime loans.  Most loans in this segment are collateralized by one- to four-family residential real estate and repayment is dependent on the credit quality of the individual borrower.  The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment.
	Commercial real estate – Loans in this segment are primarily income-producing properties in the Company’s primary market areas in eastern Massachusetts.  The underlying cash flows generated by the properties are adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, will have an effect on the credit quality in this segment.  Management typically obtains rent rolls annually and continually monitors the cash flows of these loans.
	Construction – Loans in this segment primarily include speculative real estate development loans primarily on residential properties loans for which payment is derived from sale of the property. Credit risk is affected by cost overruns, time to sell at an adequate price, and market conditions.   Residential construction loans in this segment also include loans to build one-to-four family owner-occupied properties which are subject to the same credit quality factors as residential real estate.
	Commercial – Loans in this segment are made to businesses and are generally secured by assets of the business.  Repayment is expected from the cash flows of the business.  A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment.
	Home equity lines of credit – Loans in this segment are collateralized by one-to-four family residential real estate and repayment is dependent on the credit quality of the individual borrower.  The Company generally does not hold a first mortgage position on homes that secure home equity lines of credit. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment.
	Other consumer – Loans in this segment are generally unsecured and repayment is dependent on the credit quality of the individual borrower.
	Allocated component
	The allocated component relates to loans that are classified as impaired.  Impairment is measured on a loan by loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate or, if the loan is collateral dependent, by the fair value of the collateral, less estimated costs to sell.  An allowance is established when the discounted cash flows (or collateral value) of the impaired loan are lower than the carrying value of that loan.  Large groups of smaller-balance homogeneous loans are collectively evaluated for impairment.  Accordingly, the Company does not separately identify performing individual residential and consumer loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement.
	A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement.  Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due.  Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired.  Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.
	The Company periodically may agree to modify the contractual terms of loans.  When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring ("TDR").  All TDRs are initially classified as impaired.
	Unallocated component
	An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses.  The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio.

COMPREHENSIVE_INCOME

COMPREHENSIVE INCOME	3 Months Ended
	Mar. 31, 2015
COMPREHENSIVE INCOME	NOTE 3 – COMPREHENSIVE INCOME
	Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income.  Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the stockholders’ equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income/loss.
	The components of accumulated other comprehensive income and related tax effects are as follows:
		March 31,			December 31,
		2015			2014
		(In thousands)
	Unrealized holding gains on securities available for sale	$	900		$	672
	Tax effect		(345	)		(255	)
	Net of tax amount	$	555		$	417

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2015
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 4 – RECENT ACCOUNTING PRONOUNCEMENTS
	In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40). This Update clarifies when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. The amendments in this Update are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The Company adopted this standard for the quarter ended March 31, 2015 with no material impact on the Company’s consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The amendments in this Update create Topic 606, Revenue from Contracts with Customers, and supersede the revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. The core principle of Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public companies, this ASU is effective for annual reporting periods, including interim periods, beginning after December 15, 2016. On April 1, 2015, the FASB voted to defer the effective date of this guidance by one year. Early application is not permitted. Management is currently evaluating the impact to the consolidated financial statements of adopting this Update.

SECURITIES_AVAILABLE_FOR_SALE

SECURITIES AVAILABLE FOR SALE	3 Months Ended
	Mar. 31, 2015
SECURITIES AVAILABLE FOR SALE	NOTE 5 – SECURITIES AVAILABLE FOR SALE
	The amortized cost and fair value of securities available for sale, with gross unrealized gains and losses, follows:
		31-Mar-15
					Gross		Gross
		Amortized			Unrealized		Unrealized			Fair
		Cost			Gains		Losses			Value
					(In thousands)
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	6,528		$	160	$	(9	)	$	6,679
	Government-sponsored enterprises		10,473			312		(20	)		10,765
	SBA and other asset-backed securities		12,470			255		(28	)		12,697
	State and municipal bonds		5,936			174		(9	)		6,101
	Government-sponsored enterprise obligations		7,250			11		(2	)		7,259
	Corporate bonds		11,771			68		(12	)		11,827
		$	54,428		$	980	$	(80	)	$	55,328
		31-Dec-14
					Gross		Gross
		Amortized			Unrealized		Unrealized			Fair
		Cost			Gains		Losses			Value
					(In thousands)
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	5,812		$	167	$	(4	)	$	5,975
	Government-sponsored enterprises		10,806			233		(38	)		11,001
	SBA and other asset-backed securities		12,761			171		(35	)		12,897
	State and municipal bonds		5,706			171		(6	)		5,871
	Government-sponsored enterprise obligations		6,500			6		(10	)		6,496
	Corporate bonds		10,424			42		(25	)		10,441
		$	52,009		$	790	$	(118	)	$	52,681
	The amortized cost and fair value of debt securities by contractual maturity at March 31, 2015 are as follows.  Expected maturities may differ from contractual maturities because the issuer, in certain instances, has the right to call or prepay obligations with or without call or prepayment penalties.
			Amortized			Fair
			Cost			Value
			(In thousands)
	Within 1 year	$	5,425		$	5,448
	After 1 year to 5 years		10,179			10,234
	After 5 years to 10 years		6,329			6,410
	After 10 years		3,024			3,095
			24,957			25,187
	Mortgage- and asset-backed securities		29,471			30,141
		$	54,428		$	55,328
	There were no sales of available-for-sale securities during the three months ended March 31, 2015. For the three months ended March 31, 2014, proceeds from sales of available-for-sale securities amounted to $906 thousand with gross realized gains of $20 thousand and $4 thousand of gross realized losses.
	Information pertaining to securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
		Less Than Twelve Months					Over Twelve Months
		Gross					Gross
		Unrealized			Fair		Unrealized			Fair
		Losses			Value		Losses			Value
					(In thousands)
	31-Mar-15
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	(9	)	$	1,845	$	--		$	--
	Government-sponsored enterprises		--			--		(20	)		786
	SBA and other asset-backed securities		(23	)		1,012		(5	)		1,762
	State and municipal bonds		(6	)		948		(3	)		296
	Government-sponsored enterprise obligations		(2	)		998		--			--
	Corporate bonds		(4	)		3,744		(8	)		987
		$	(44	)	$	8,558	$	(36	)	$	3,831
	31-Dec-14
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	(4	)	$	867	$	--		$	--
	Government-sponsored enterprises		(4	)		508		(34	)		805
	SBA and other asset-backed securities		(4	)		1,009		(31	)		1,297
	State and municipal bonds		(1	)		101		(5	)		546
	Government-sponsored enterprise obligations		(10	)		3,490		--			--
	Corporate bonds		(25	)		6,719		--			--
		$	(48	)	$	12,694	$	(70	)	$	2,648
Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluations. At March 31, 2015, various debt securities have unrealized losses with aggregate depreciation of 0.64% from their aggregate amortized cost basis. These unrealized losses relate principally to the effect of interest rate changes on the fair value of debt securities and not an increase in credit risk of the issuers. As the Company does not intend to sell the securities and it is more likely than not that the Company will not be required to sell the securities before recovery of their amortized cost, which may be maturity, the Company does not consider these securities to be other-than-temporarily impaired at March 31, 2015.

LOANS_AND_ALLOWANCE_FOR_LOAN_L

LOANS AND ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2015
LOANS AND ALLOWANCE FOR LOAN LOSSES	NOTE 6 – LOANS AND ALLOWANCE FOR LOAN LOSSES
	A summary of the balances of loans is as follows:
		March 31,			December 31,
		2015			2014
		(In thousands)
	Real estate loans:
	Residential – fixed	$	17,379		$	20,651
	Residential – variable		208,196			212,621
	Commercial		100,025			94,699
	Construction		76,979			72,668
			402,579			400,639
	Commercial loans:
	Secured		18,510			18,991
	Unsecured		53			62
			18,563			19,053
	Consumer loans:
	Home equity lines of credit		29,505			28,153
	Other		297			292
			29,802			28,445
	Total loans		450,944			448,137
	Less:
	Allowance for loan losses		(4,716	)		(4,738	)
	Net deferred loan origination fees		(69	)		(53	)
	Loans, net	$	446,159		$	443,346
	The following table summarizes the changes in the allowance for loan losses by portfolio segment for the three months ended March 31, 2015 and 2014:
		Residential			Commercial								Home			Other
		Real Estate			Real Estate			Construction		Commercial			Equity			Consumer			Unallocated			Total
										(In thousands)
	Three Months Ended March 31, 2015
	Allowance at December 31, 2014	$	1,710		$	1,056		$	1,273	$	428		$	224		$	4		$	43		$	4,738
	Provision (credit) for loan losses		(168	)		15			71		(11	)		(18	)		--			161			50
	Loans charged off		(17	)		(55	)		--		--			--			--			--			(72	)
	Allowance at March 31, 2015	$	1,525		$	1,016		$	1,344	$	417		$	206		$	4		$	204		$	4,716
	Three Months Ended March 31, 2014
	Allowance at December 31, 2013	$	1,351		$	887		$	1,305	$	426		$	213		$	7		$	24		$	4,213
	Provision (credit) for loan losses		74			134			2		(36	)		(5	)		(1	)		12			180
	Allowance at March 31, 2014	$	1,425		$	1,021		$	1,307	$	390		$	208		$	6		$	36		$	4,393
	Additional information pertaining to the allowance for loan losses at March 31, 2015 and December 31, 2014 is as follows:
		Residential			Commercial								Home			Other
		Real Estate			Real Estate			Construction		Commercial			Equity			Consumer			Unallocated			Total
										(In thousands)
	31-Mar-15
	Allowance related to impaired loans	$	--		$	--		$	--	$	--		$	--		$	--		$	--		$	--
	Allowance related to non-impaired loans		1,525			1,016			1,344		417			206			4			204			4,716
	Total allowance	$	1,525		$	1,016		$	1,344	$	417		$	206		$	4		$	204		$	4,716
	Impaired loan balances	$	1,489		$	3,251		$	--	$	19		$	146		$	--		$	--		$	4,905
	Non-impaired loan balances		224,086			96,774			76,979		18,544			29,359			297			--			446,039
	Total loans	$	225,575		$	100,025		$	76,979	$	18,563		$	29,505		$	297		$	--		$	450,944
	31-Dec-14
	Allowance related to impaired loans	$	--		$	51		$	--	$	--		$	--		$	--		$	--		$	51
	Allowance related to non-impaired loans		1,710			1,005			1,273		428			224			4			43			4,687
	Total allowance	$	1,710		$	1,056		$	1,273	$	428		$	224		$	4		$	43		$	4,738
	Impaired loan balances	$	1,521		$	3,356		$	--	$	22		$	146		$	--		$	--		$	5,045
	Non-impaired loan balances		231,751			91,343			72,668		19,031			28,007			292			--			443,092
	Total loans	$	233,272		$	94,699		$	72,668	$	19,053		$	28,153		$	292		$	--		$	448,137
	The following is a summary of past due and non-accrual loans at March 31, 2015 and December 31, 2014:
													Past Due 90
													Days or More
		30-59 Days			60-89 Days			Past Due 90		Total			and Still			Non-accrual
		Past Due			Past Due			Days or More		Past Due			Accruing			Loans
								(In thousands)
	31-Mar-15
	Residential real estate	$	218		$	--		$	--	$	218		$	--		$	1,299
	Commercial real estate		--			--			690		690			--			3,251
Home equity lines of credit		117			--			--		117			--			19
Other consumer loans		--			--			--		--			--			146
Total	$	335		$	--		$	690	$	1,025		$	--		$	4,715
31-Dec-14
Residential real estate	$	--		$	--		$	--	$	--		$	--		$	1,313
Commercial real estate		832			--			759		1,591			--			3,356
Commercial		--			--			--		--			--			22
Home equity lines of credit		--			--			--		--			--			146
Total	$	832		$	--		$	759	$	1,591		$	--		$	4,837
The following is a summary of impaired loans at March 31, 2015 and December 31, 2014:
	31-Mar-15								31-Dec-14
				Unpaid								Unpaid
	Recorded			Principal			Related		Recorded			Principal			Related
	Investment			Balance			Allowance		Investment			Balance			Allowance
							(In thousands)
Impaired loans without a valuation allowance:
Residential real estate	$	1,489		$	1,489		$	--	$	1,521		$	1,521		$	--
Commercial real estate		3,251			3,251			--		2,597			2,597			--
Commercial		19			19			--		22			22			--
Home equity lines of credit		146			146			--		146			146			--
Total		4,905			4,905			--		4,286			4,286			--
Impaired loans with a valuation allowance:
Commercial real estate		--			--			--		759			759			51
Total impaired loans	$	4,905		$	4,905		$	--	$	5,045		$	5,045		$	51
Additional information pertaining to impaired loans follows:
	Three Months Ended March 31, 2015								Three Months Ended March 31, 2014
							Interest								Interest
	Average			Interest			Income		Average			Interest			Income
	Recorded			Income			Recognized		Recorded			Income			Recognized
	Investment			Recognized			on Cash Basis		Investment			Recognized			on cash basis
	(In thousands)
Residential real estate	$	1,502		$	20		$	20	$	424		$	4		$	3
Commercial real estate		3,279			45			39		5,258			64			53
Commercial		21			--			--		31			4			--
Home equity lines of credit		146			1			1		427			--			1
Total	$	4,948		$	66		$	60	$	6,140		$	72		$	57
No additional funds are committed to be advanced in connection with impaired loans.
There were no troubled debt restructurings recorded during the three months ended March 31, 2015 and 2014.
There were no troubled debt restructurings that defaulted during the three months ended March 31, 2015 and 2014, and for which default was within one year of the restructure date.
Credit Quality Information
The Company utilizes an eleven-grade internal loan rating system for commercial real estate, construction and commercial loans. During the year ended December 31, 2014, the Company revised its internal loan rating system from the previously employed system. Key changes included in the revised system were to eliminate the use of the “31” rating and to replace it with a “4” rating.  Subsequent ratings in the scale were nominally raised one grade with no substantive change in their credit quality.
Loans rated 1-4:  Loans in these categories are considered “pass” rated loans with low to average risk.
Loans rated 5:  Loans in this category are considered “special mention.”  These loans are starting to show signs of potential weakness and are being closely monitored by management.
Loans rated 6:  Loans in this category are considered “substandard.”  Generally, a loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged.  There is a distinct possibility that the Company will sustain some loss if the weakness is not corrected.
Loans rated 7:  Loans in this category are considered “doubtful.”  Loans classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable.
Loans rated 8:  Loans in this category are considered uncollectible (“loss”) and of such little value that their continuance as loans is not warranted.
Loans rated 9:  Loans in this category only include commercial loans under $25 thousand with no other outstandings or relationships with the Company.
Loans rated 10:  Loans in this category include loans which otherwise require rating but which have not been rated, or loans for which the Company’s loan policy does not require rating.
Loans rated 11:  Loans in this category include credit commitments/relationships that cannot be rated due to a lack of financial information or inaccurate financial information.  If, within 60 days of the assignment of an 11 rating, information is still not available to allow a standard rating, the credit will be rated 6.
On an annual basis, or more often if needed, the Company formally reviews the ratings on all commercial real estate, construction and commercial loans.  During each calendar year, the Company engages an independent third party to review a significant portion of loans within these segments.  Management uses the results of these reviews as part of its annual review process.  On a monthly basis, the Company reviews the residential real estate and consumer loan portfolio for credit quality primarily through the use of delinquency reports
The following table presents the Company’s loans by risk rating:
	31-Mar-15											31-Dec-14
	Commercial											Commercial
	Real Estate			Construction			Commercial		Total			Real Estate			Construction			Commercial		Total
									(In thousands)
Loans rated 1 -4	$	90,995		$	76,979		$	17,347	$	185,321		$	85,496		$	72,668		$	17,802	$	175,966
Loans rated  5		5,976			--			999		6,975			6,054			--			1,022		7,076
Loans rated  6		2,364			--			217		2,581			2,390			--			229		2,619
Loans rated  7		690			--			--		690			759			--			--		759
Total	$	100,025		$	76,979		$	18,563	$	195,567		$	94,699		$	72,668		$	19,053	$	186,420

FAIR_VALUES_OF_ASSETS_AND_LIAB

FAIR VALUES OF ASSETS AND LIABILITIES	3 Months Ended
	Mar. 31, 2015
FAIR VALUES OF ASSETS AND LIABILITIES	NOTE 7 – FAIR VALUES OF ASSETS AND LIABILITIES
	Fair value hierarchy
	The Company groups its assets generally measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.
	Level 1 – Valuation is based on quoted market prices in active exchange markets for identical assets and liabilities.  Valuations are obtained from readily available pricing sources.
	Level 2 – Valuation is based on observable inputs other than Level 1 prices, such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities.  Valuations are obtained from readily available pricing sources.
	Level 3 – Valuation is based on unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities.  Level 3 assets include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as those for which the determination of fair value requires significant management judgment or estimation.
	Transfers between levels are recognized at the end of a reporting period, if applicable.
	Determination of fair value
	The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures.  Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  Fair value is best determined based upon quoted market prices.  However, in many instances, there are no quoted market prices for the Company’s various financial instruments.  In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques.  Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows.  Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument.
	The following methods and assumptions were used by the Company in estimating fair value disclosures:
	Cash, cash equivalents and certificates of deposit:  The carrying amounts approximate fair values based on the short-term nature of the assets.
	Securities available for sale:  Fair value measurements are obtained from a third-party pricing service and are not adjusted by management.  All securities are measured at fair value in Level 2 based on pricing models that consider standard input factors such as observable market data, benchmark yields, interest rate volatilities, broker/dealer quotes, credit spreads and new issue data.
	Federal Home Loan Bank (FHLB) stock:  The carrying value of FHLB stock is deemed to approximate fair value, based on the redemption provisions of the FHLB of Boston.
	Loans held for sale:  Fair values are based on commitments in effect from investors or prevailing market prices.
	Loans, net:  For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values.  Fair values for other loans are estimated using discounted cash flow analyses, using market interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.  Fair values for impaired loans are estimated using discounted cash flow analyses or underlying collateral values, where applicable.
	Deposits:  The fair values disclosed for non-certificate deposit accounts are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts).  Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies market interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits.
	Short-term borrowings:  The carrying amount of short-term borrowings approximates fair value based on the short-term nature of the liabilities.
	Long-term debt: The fair values of long-term debt are estimated using discounted cash flow analyses based on the current incremental borrowing rates in the market for similar types of borrowing arrangements.
	Accrued interest: The carrying amounts of accrued interest approximate fair value.
	Forward loan sale commitments and derivative loan commitments: The fair value of forward loan sale commitments and derivative loan commitments are based on fair values of the underlying mortgage loans, including servicing values as applicable. The fair value of derivative loan commitments also considers the probability of such commitments being exercised.
	Off-balance sheet instruments: Fair values for off-balance-sheet lending commitments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing.  The fair values of these instruments are considered immaterial.
	Assets and liabilities measured at fair value on a recurring basis
	Assets and liabilities measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014 are summarized below.
		31-Mar-15
										Total Fair
		Level 1			Level 2			Level 3		Value
		(In thousands)
	Assets
	Securities available for sale	$	--		$	55,328		$	--	$	55,328
	Forward loan sale commitments		--			23			--		23
	Total assets	$	--		$	55,351		$	--	$	55,351
	Liabilities
	Derivative loan commitments	$	--		$	8		$	--	$	8
		31-Dec-14
										Total Fair
		Level 1			Level 2			Level 3		Value
		(In thousands)
	Assets
	Securities available for sale	$	--		$	52,681		$	--	$	52,681
	Forward loan sale commitments		--			8			--		8
	Total assets	$	--		$	52,689		$	--	$	52,689
	Liabilities
	Derivative loan commitments	$	--		$	5		$	--	$	5
	Assets measured at fair value on a non-recurring basis
	The Company may also be required, from time to time, to measure certain other financial assets and liabilities at fair value on a non-recurring basis in accordance with generally accepted accounting principles.  These adjustments to fair value usually result from application of lower-of-cost-or-market (LOCOM) accounting or write-downs of individual assets.  The following table summarizes the fair value hierarchy used to determine each adjustment and the carrying value of the related individual assets as of March 31, 2015 and December 31, 2014.
		31-Mar-15								31-Dec-14
		Level 1			Level 2			Level 3		Level 1		Level 2		Level 3
		(In thousands)
	Loans held for sale	$	--		$	--		$	1,664	$	--	$	--	$	537
	Impaired loans		--			--			690		--		--		708
		$	--		$	--		$	2,354	$	--	$	--	$	1,245
		Three Months Ended			Three Months Ended
		March 31, 2015			31-Mar-14
		Total Gains (Losses)			Total Gains (Losses)
		(In thousands)
	Loans held for sale	$	(6	)	$	(8	)
	Loans held for sale (LHFS) are evaluated for losses associated with the application of LOCOM accounting. At March 31, 2015, a rise in market interest rates above contractual loan rates from the time LHFS were recorded is reflected as a reduction in the carrying value of the asset and a loss is recognized in current period earnings. Losses applicable to certain impaired loans are estimated using the appraised value of the underlying collateral considering discounting factors and adjusted for selling costs.  The loss is not recorded directly as an adjustment to current earnings, but rather as a component in determining the overall adequacy of the allowance for loan losses.  Adjustments to the estimated fair value of impaired loans may result in increases or decreases to the provision for loan losses.
	There were no liabilities measured at fair value on a non-recurring basis at March 31, 2015 and December 31, 2014.
	Summary of fair values of financial instruments
	The estimated fair values, and related carrying amounts of the Company’s financial instruments are outlined in the table below.  Certain financial instruments and all nonfinancial instruments are excluded from disclosure requirements.  Accordingly, the aggregate fair value amounts presented herein may not necessarily represent the underlying fair value of the Company.
		Carrying
		Amount			Level 1			Level 2		Level 3		Total
								(In thousands)
	31-Mar-15
Financial assets:
Cash and cash equivalents	$	21,069		$	21,069		$	--	$	--	$	21,069
Certificates of deposit		100			100			--		--		100
Securities available for sale		55,328			--			55,328		--		55,328
FHLB stock		3,660			--			--		3,660		3,660
Loans held for sale		1,664			--			1,664		--		1,664
Loans, net		446,159			--			--		443,946		443,946
Accrued interest receivable		1,243			--			--		1,243		1,243
Forward loan sale commitments		23			--			23		--		23
Financial liabilities:
Deposits	$	430,109		$	--		$	--	$	430,400	$	430,400
Short-term borrowings		4,000			--			4,000		--		4,000
Long-term debt		57,500			--			57,705		--		57,705
Accrued interest payable		61			--			--		61		61
Derivative loan commitments		8			--			8		--		8
31-Dec-14
Financial assets:
Cash and cash equivalents	$	19,271		$	19,271		$	--	$	--	$	19,271
Certificates of deposit		100			100			--		--		100
Securities available for sale		52,681			--			52,681		--		52,681
FHLB stock		3,660			--			--		3,660		3,660
Loans held for sale		537			--			537		--		537
Loans, net		443,346			--			--		441,720		441,720
Accrued interest receivable		1,216			--			--		1,216		1,216
Forward loan sale commitments		8			--			8		--		8
Financial liabilities:
Deposits	$	422,245		$	--		$	--	$	422,731	$	422,731
Short-term borrowings		2,000			--			2,000		--		2,000
Long-term debt		59,500			--			59,504		--		59,504
Accrued interest payable		61			--			--		61		61
Derivative loan commitments		5			--			5		--		5

EMPLOYEE_STOCK_OWNERSHIP_PLAN

EMPLOYEE STOCK OWNERSHIP PLAN	3 Months Ended
	Mar. 31, 2015
EMPLOYEE STOCK OWNERSHIP PLAN	NOTE 8 – EMPLOYEE STOCK OWNERSHIP PLAN
	The Bank maintains an Employee Stock Ownership Plan (the “ESOP”) to provide eligible employees the opportunity to own Company stock.  This plan is a tax-qualified retirement plan for the benefit of all Company employees.  Contributions are allocated to eligible participants on the basis of compensation, subject to federal tax limits.
	The Company granted a loan to the ESOP for the purchase of shares of the Company’s common stock on the closing date of the Company’s mutual to stock conversion in 2012.  As of March 31, 2015, the ESOP held 191,674 shares, or 7.79%, of the common stock outstanding on that date.  The loan obtained by the ESOP from the Company to purchase common stock is payable annually over 15 years at the rate of 3.25% per annum.  The loan can be prepaid without penalty.  Loan payments are expected to be funded by cash contributions from the Bank.  The loan is secured by the shares purchased, which are held in a suspense account for allocation among participants as the loan is repaid.  Cash dividends paid on allocated shares will be distributed to participants and cash dividends paid on unallocated shares will be used to repay the outstanding debt of the ESOP.  Shares used as collateral to secure the loan are released and available for allocation to eligible employees as the principal and interest on the loan is paid.
	Shares held by the ESOP include the following:
		31-Mar-15
	Allocated		37,616
	Committed to be allocated		3,210
	Unallocated		150,848
			191,674
	The fair value of unallocated shares was approximately $2.9 million at March 31, 2015.
	Total compensation expense recognized in connection with the ESOP for the three months ended March 31, 2015 and 2014 was $61 thousand and $60 thousand, respectively.

EQUITY_INCENTIVE_PLAN

EQUITY INCENTIVE PLAN	3 Months Ended
	Mar. 31, 2015
EQUITY INCENTIVE PLAN	NOTE 9– EQUITY INCENTIVE PLAN
	Under the Company’s 2012 Equity Incentive Plan (the “Equity Incentive Plan”), the Company may grant stock options to its directors and employees in the form of incentive stock options and non-qualified stock options for up to 240,751 shares of its common stock. The exercise price of each stock option shall not be less than the fair market value of the Company’s common stock on the date of the grant, and the maximum term of each option is ten years from the date of each award.  The vesting period is five years from the date of grant, with vesting at 20% per year.
	A restricted stock award (the “award”) is a grant of shares of Company common stock for no consideration, subject to a vesting schedule or the satisfaction of market conditions or performance criteria. Under the Equity Incentive Plan, the Company may also grant stock awards to management, employees and directors for up to 96,286 shares. Awarded shares are held in reserve for each grantee by the Company’s transfer agent, and will be issued from previously authorized but unissued shares upon vesting. The fair value of the stock awards, based on the market price at the grant date, will be recognized over the five year vesting period.
	Stock Options
	A summary of option activity under the Equity Incentive Plan for the three months ended March 31, 2015 is presented below:
						Weighted
						Average
					Weighted	Remaining
					Average	Contractual	Aggregate
	Options	Shares			Exercise Price	Term	Intrinsic Value
		(In thousands)				(In years)	(In thousands)
	Outstanding at beginning of period	214		$	15.84	8.02
	Granted	--			--	--
	Exercised	--			--	--
	Forfeited	(1	)		17.45	--
	Outstanding at end of period	213			15.84	7.77	$	623
	Options exercisable at end of period	76		$	15.38	7.52	$	257
	For the three months ended March  31, 2015 and 2014, share based compensation expense applicable to the stock options was $47 thousand and $51 thousand, respectively. The recognized tax benefit related to this expense was $9 thousand for both periods.
	Unrecognized compensation expense for non-vested stock options totaled $564 thousand as of March 31, 2015, which will be recognized over the remaining vesting period of 2.77 years.
	Stock Awards
	There was no activity in the non-vested stock awards under the Equity Incentive Plan for the three months ended March 31, 2015.
	For the three months ended March 31, 2015 and 2014, compensation expense applicable to the stock awards was $80 thousand and $69 thousand, respectively. The recognized tax benefit related to this expense was $32 thousand and $27 thousand, respectively.
	Unrecognized compensation expense for non-vested restricted stock totaled $803 thousand as of March 31, 2015, which will be recognized over the remaining weighted average vesting period of 2.90 years.

EARNINGS_PER_COMMON_SHARE

EARNINGS PER COMMON SHARE	3 Months Ended
	Mar. 31, 2015
EARNINGS PER COMMON SHARE	NOTE 10 – EARNINGS PER COMMON SHARE
	Basic earnings per share represents income available to common stockholders divided by the weighted average number of common shares outstanding during the period.  Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance.  Under the Company’s Equity Incentive Plan, stock awards granted contain non-forfeitable dividend rights. Accordingly, these shares are considered outstanding for computation of basic earnings per share.  Potential common shares that may be issued by the Company relate to outstanding stock options and are determined using the treasury stock method.
	Earnings per common share have been computed as follows:
			Three Months			Three Months
			Ended			Ended
			31-Mar-15			31-Mar-14
			(Dollars in thousands)
	Net income applicable to common stock	$	459		$	394
	Average number of common shares outstanding		2,459,138			2,454,549
	Less: Average unallocated ESOP shares		(152,454	)		(165,292	)
	Average number of common shares outstanding used to
	calculate basic earnings per common share		2,306,684			2,289,257
	Effect of dilutive  of stock options		11,910			1,167
	Average number of common shares outstanding used to
	calculate diluted earnings per common share		2,318,594			2,290,424
	Earnings per common share:
	Basic	$	0.2		$	0.17
	Diluted	$	0.2		$	0.17
	Options for 6,601 shares and 1,026 were not included in the computations of diluted earnings per share because to do so would have been anti-dilutive for the three months ended March 31, 2015 and 2014, respectively.  Anti-dilutive shares are common stock equivalents with exercise prices in excess of the average market value of the Company’s stock for the periods presented.

STOCK_REPURCHASE_PLAN

STOCK REPURCHASE PLAN	3 Months Ended
	Mar. 31, 2015
STOCK REPURCHASE PLAN	NOTE 11 – STOCK REPURCHASE PLAN
	On October 1, 2012, the Board of Directors approved the repurchase of up to 96,286 shares, or approximately 4.0% of the Company’s outstanding common stock. At March 31, 2015, the Company had repurchased and retired 40,535 shares.

DIVIDENDS_DECLARED

DIVIDENDS DECLARED	3 Months Ended
	Mar. 31, 2015
DIVIDENDS DECLARED	NOTE 12 – DIVIDENDS DECLARED
	On February 18, 2015, the Company announced that its Board of Directors declared a quarterly cash dividend of $0.025 per share on the Company’s common stock. The dividend was paid on March 18, 2015 to stockholders of record on March 4, 2015.

LOAN_POLICIES_Policies

LOAN POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
LOAN POLICIES	LOAN POLICIES
	The loan portfolio consists of real estate, commercial and other loans to the Company’s customers in our primary market areas in eastern Massachusetts.  The ability of the Company’s debtors to honor their contracts is dependent upon the economy in general and the real estate and construction sectors within our markets.
	Loans that management has the intent and ability to hold for the foreseeable future, or until maturity or pay-off, are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred loan origination fees or costs.  Interest income is accrued on the unpaid principal balance.  Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method.
	Interest is generally not accrued on loans which are identified as impaired or loans which are ninety days or more past due.  Past due status is based on the contractual terms of the loan.  Interest income previously accrued on such loans is reversed against current period interest income.  Interest income on non-accrual loans is recognized only to the extent of interest payments received and is first applied to the outstanding principal balance when collectibility of principal is in doubt.  Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured through sustained payment performance for at least six months.
	Allowance for loan losses
	The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings.  Loan losses are charged against the allowance when management believes the uncollectibility of the loan balance is confirmed.  Subsequent recoveries, if any, are credited to the allowance.
	The allowance for loan losses is evaluated on a regular basis by management.  This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.  The allowance consists of general, allocated and unallocated components.
	General component
	The general component is based on the following loan segments: residential real estate, commercial real estate, construction, commercial, home equity lines of credit and other consumer.  Management considers a rolling average of historical losses for each segment based on a time frame appropriate to capture relevant loss data for each loan segment, generally 3 and 10 years.  This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies; trends in volume, concentrations and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions.  There were no significant changes to the Company’s policies or methodology pertaining to the general component of the allowance during the first quarter of 2015.
	The qualitative factor adjustments are determined based on the various risk characteristics of each loan segment.  Risk characteristics relevant to each portfolio segment are as follows:
	Residential real estate – The Company generally does not originate loans with a loan-to-value ratio greater than 80 percent and does not originate subprime loans.  Most loans in this segment are collateralized by one- to four-family residential real estate and repayment is dependent on the credit quality of the individual borrower.  The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment.
	Commercial real estate – Loans in this segment are primarily income-producing properties in the Company’s primary market areas in eastern Massachusetts.  The underlying cash flows generated by the properties are adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, will have an effect on the credit quality in this segment.  Management typically obtains rent rolls annually and continually monitors the cash flows of these loans.
	Construction – Loans in this segment primarily include speculative real estate development loans primarily on residential properties loans for which payment is derived from sale of the property. Credit risk is affected by cost overruns, time to sell at an adequate price, and market conditions.   Residential construction loans in this segment also include loans to build one-to-four family owner-occupied properties which are subject to the same credit quality factors as residential real estate.
	Commercial – Loans in this segment are made to businesses and are generally secured by assets of the business.  Repayment is expected from the cash flows of the business.  A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment.
	Home equity lines of credit – Loans in this segment are collateralized by one-to-four family residential real estate and repayment is dependent on the credit quality of the individual borrower.  The Company generally does not hold a first mortgage position on homes that secure home equity lines of credit. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment.
	Other consumer – Loans in this segment are generally unsecured and repayment is dependent on the credit quality of the individual borrower.
	Allocated component
	The allocated component relates to loans that are classified as impaired.  Impairment is measured on a loan by loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate or, if the loan is collateral dependent, by the fair value of the collateral, less estimated costs to sell.  An allowance is established when the discounted cash flows (or collateral value) of the impaired loan are lower than the carrying value of that loan.  Large groups of smaller-balance homogeneous loans are collectively evaluated for impairment.  Accordingly, the Company does not separately identify performing individual residential and consumer loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement.
	A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement.  Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due.  Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired.  Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.
	The Company periodically may agree to modify the contractual terms of loans.  When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring ("TDR").  All TDRs are initially classified as impaired.
	Unallocated component
	An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses.  The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio.
COMPREHENSIVE INCOME	COMPREHENSIVE INCOME
	Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income.  Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the stockholders’ equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income/loss.
	The components of accumulated other comprehensive income and related tax effects are as follows:
		March 31,			December 31,
		2015			2014
		(In thousands)
	Unrealized holding gains on securities available for sale	$	900		$	672
	Tax effect		(345	)		(255	)
	Net of tax amount	$	555		$	417
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS
	In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40). This Update clarifies when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. The amendments in this Update are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The Company adopted this standard for the quarter ended March 31, 2015 with no material impact on the Company’s consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The amendments in this Update create Topic 606, Revenue from Contracts with Customers, and supersede the revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. The core principle of Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public companies, this ASU is effective for annual reporting periods, including interim periods, beginning after December 15, 2016. On April 1, 2015, the FASB voted to defer the effective date of this guidance by one year. Early application is not permitted. Management is currently evaluating the impact to the consolidated financial statements of adopting this Update.
Fair value hierarchy	Fair value hierarchy
	The Company groups its assets generally measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.
	Level 1 – Valuation is based on quoted market prices in active exchange markets for identical assets and liabilities.  Valuations are obtained from readily available pricing sources.
	Level 2 – Valuation is based on observable inputs other than Level 1 prices, such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities.  Valuations are obtained from readily available pricing sources.
	Level 3 – Valuation is based on unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities.  Level 3 assets include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as those for which the determination of fair value requires significant management judgment or estimation.
EARNINGS PER COMMON SHARE	EARNINGS PER COMMON SHARE
	Basic earnings per share represents income available to common stockholders divided by the weighted average number of common shares outstanding during the period.  Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance.  Under the Company’s Equity Incentive Plan, stock awards granted contain non-forfeitable dividend rights. Accordingly, these shares are considered outstanding for computation of basic earnings per share.  Potential common shares that may be issued by the Company relate to outstanding stock options and are determined using the treasury stock method.
	Earnings per common share have been computed as follows:
			Three Months			Three Months
			Ended			Ended
			31-Mar-15			31-Mar-14
			(Dollars in thousands)
	Net income applicable to common stock	$	459		$	394
	Average number of common shares outstanding		2,459,138			2,454,549
	Less: Average unallocated ESOP shares		(152,454	)		(165,292	)
	Average number of common shares outstanding used to
	calculate basic earnings per common share		2,306,684			2,289,257
	Effect of dilutive  of stock options		11,910			1,167
	Average number of common shares outstanding used to
	calculate diluted earnings per common share		2,318,594			2,290,424
	Earnings per common share:
	Basic	$	0.2		$	0.17
	Diluted	$	0.2		$	0.17

COMPREHENSIVE_INCOME_Tables

COMPREHENSIVE INCOME (Tables)	3 Months Ended
	Mar. 31, 2015
Components of Accumulated Other Comprehensive Income	The components of accumulated other comprehensive income and related tax effects are as follows:
		March 31,			December 31,
		2015			2014
		(In thousands)
	Unrealized holding gains on securities available for sale	$	900		$	672
	Tax effect		(345	)		(255	)
	Net of tax amount	$	555		$	417

SECURITIES_AVAILABLE_FOR_SALE_

SECURITIES AVAILABLE FOR SALE (Tables)	3 Months Ended
	Mar. 31, 2015
Amortized Cost and Fair Value of Securities Available for Sale with Gross Unrealized Gains and Losses	The amortized cost and fair value of securities available for sale, with gross unrealized gains and losses, follows:
		31-Mar-15
					Gross		Gross
		Amortized			Unrealized		Unrealized			Fair
		Cost			Gains		Losses			Value
					(In thousands)
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	6,528		$	160	$	(9	)	$	6,679
	Government-sponsored enterprises		10,473			312		(20	)		10,765
	SBA and other asset-backed securities		12,470			255		(28	)		12,697
	State and municipal bonds		5,936			174		(9	)		6,101
	Government-sponsored enterprise obligations		7,250			11		(2	)		7,259
	Corporate bonds		11,771			68		(12	)		11,827
		$	54,428		$	980	$	(80	)	$	55,328
		31-Dec-14
					Gross		Gross
		Amortized			Unrealized		Unrealized			Fair
		Cost			Gains		Losses			Value
					(In thousands)
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	5,812		$	167	$	(4	)	$	5,975
	Government-sponsored enterprises		10,806			233		(38	)		11,001
	SBA and other asset-backed securities		12,761			171		(35	)		12,897
	State and municipal bonds		5,706			171		(6	)		5,871
	Government-sponsored enterprise obligations		6,500			6		(10	)		6,496
	Corporate bonds		10,424			42		(25	)		10,441
		$	52,009		$	790	$	(118	)	$	52,681
Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	The amortized cost and fair value of debt securities by contractual maturity at March 31, 2015 are as follows.  Expected maturities may differ from contractual maturities because the issuer, in certain instances, has the right to call or prepay obligations with or without call or prepayment penalties.
			Amortized			Fair
			Cost			Value
			(In thousands)
	Within 1 year	$	5,425		$	5,448
	After 1 year to 5 years		10,179			10,234
	After 5 years to 10 years		6,329			6,410
	After 10 years		3,024			3,095
			24,957			25,187
	Mortgage- and asset-backed securities		29,471			30,141
		$	54,428		$	55,328
Information Pertaining to Securities with Gross Unrealized Losses Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Loss Position	Information pertaining to securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
		Less Than Twelve Months					Over Twelve Months
		Gross					Gross
		Unrealized			Fair		Unrealized			Fair
		Losses			Value		Losses			Value
					(In thousands)
	31-Mar-15
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	(9	)	$	1,845	$	--		$	--
	Government-sponsored enterprises		--			--		(20	)		786
	SBA and other asset-backed securities		(23	)		1,012		(5	)		1,762
	State and municipal bonds		(6	)		948		(3	)		296
	Government-sponsored enterprise obligations		(2	)		998		--			--
	Corporate bonds		(4	)		3,744		(8	)		987
		$	(44	)	$	8,558	$	(36	)	$	3,831
	31-Dec-14
	Residential mortgage-backed securities:
	Government National Mortgage Association	$	(4	)	$	867	$	--		$	--
	Government-sponsored enterprises		(4	)		508		(34	)		805
	SBA and other asset-backed securities		(4	)		1,009		(31	)		1,297
	State and municipal bonds		(1	)		101		(5	)		546
	Government-sponsored enterprise obligations		(10	)		3,490		--			--
	Corporate bonds		(25	)		6,719		--			--
		$	(48	)	$	12,694	$	(70	)	$	2,648

LOANS_AND_ALLOWANCE_FOR_LOAN_L1

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2015
Summary of Balances of Loans	A summary of the balances of loans is as follows:
		March 31,			December 31,
		2015			2014
		(In thousands)
	Real estate loans:
	Residential – fixed	$	17,379		$	20,651
	Residential – variable		208,196			212,621
	Commercial		100,025			94,699
	Construction		76,979			72,668
			402,579			400,639
	Commercial loans:
	Secured		18,510			18,991
	Unsecured		53			62
			18,563			19,053
	Consumer loans:
	Home equity lines of credit		29,505			28,153
	Other		297			292
			29,802			28,445
	Total loans		450,944			448,137
	Less:
	Allowance for loan losses		(4,716	)		(4,738	)
	Net deferred loan origination fees		(69	)		(53	)
	Loans, net	$	446,159		$	443,346
Changes in Allowance for Loan Losses by Portfolio Segment	The following table summarizes the changes in the allowance for loan losses by portfolio segment for the three months ended March 31, 2015 and 2014:
		Residential			Commercial								Home			Other
		Real Estate			Real Estate			Construction		Commercial			Equity			Consumer			Unallocated			Total
										(In thousands)
	Three Months Ended March 31, 2015
	Allowance at December 31, 2014	$	1,710		$	1,056		$	1,273	$	428		$	224		$	4		$	43		$	4,738
	Provision (credit) for loan losses		(168	)		15			71		(11	)		(18	)		--			161			50
	Loans charged off		(17	)		(55	)		--		--			--			--			--			(72	)
	Allowance at March 31, 2015	$	1,525		$	1,016		$	1,344	$	417		$	206		$	4		$	204		$	4,716
	Three Months Ended March 31, 2014
	Allowance at December 31, 2013	$	1,351		$	887		$	1,305	$	426		$	213		$	7		$	24		$	4,213
	Provision (credit) for loan losses		74			134			2		(36	)		(5	)		(1	)		12			180
	Allowance at March 31, 2014	$	1,425		$	1,021		$	1,307	$	390		$	208		$	6		$	36		$	4,393
Additional Information Pertaining to Allowance for Loan Losses	Additional information pertaining to the allowance for loan losses at March 31, 2015 and December 31, 2014 is as follows:
		Residential			Commercial								Home			Other
		Real Estate			Real Estate			Construction		Commercial			Equity			Consumer			Unallocated			Total
										(In thousands)
	31-Mar-15
	Allowance related to impaired loans	$	--		$	--		$	--	$	--		$	--		$	--		$	--		$	--
	Allowance related to non-impaired loans		1,525			1,016			1,344		417			206			4			204			4,716
	Total allowance	$	1,525		$	1,016		$	1,344	$	417		$	206		$	4		$	204		$	4,716
	Impaired loan balances	$	1,489		$	3,251		$	--	$	19		$	146		$	--		$	--		$	4,905
	Non-impaired loan balances		224,086			96,774			76,979		18,544			29,359			297			--			446,039
	Total loans	$	225,575		$	100,025		$	76,979	$	18,563		$	29,505		$	297		$	--		$	450,944
	31-Dec-14
	Allowance related to impaired loans	$	--		$	51		$	--	$	--		$	--		$	--		$	--		$	51
	Allowance related to non-impaired loans		1,710			1,005			1,273		428			224			4			43			4,687
	Total allowance	$	1,710		$	1,056		$	1,273	$	428		$	224		$	4		$	43		$	4,738
	Impaired loan balances	$	1,521		$	3,356		$	--	$	22		$	146		$	--		$	--		$	5,045
	Non-impaired loan balances		231,751			91,343			72,668		19,031			28,007			292			--			443,092
	Total loans	$	233,272		$	94,699		$	72,668	$	19,053		$	28,153		$	292		$	--		$	448,137
Past Due and Nonaccrual Loans	The following is a summary of past due and non-accrual loans at March 31, 2015 and December 31, 2014:
													Past Due 90
													Days or More
		30-59 Days			60-89 Days			Past Due 90		Total			and Still			Non-accrual
		Past Due			Past Due			Days or More		Past Due			Accruing			Loans
								(In thousands)
	31-Mar-15
	Residential real estate	$	218		$	--		$	--	$	218		$	--		$	1,299
	Commercial real estate		--			--			690		690			--			3,251
	Home equity lines of credit		117			--			--		117			--			19
	Other consumer loans		--			--			--		--			--			146
	Total	$	335		$	--		$	690	$	1,025		$	--		$	4,715
	31-Dec-14
	Residential real estate	$	--		$	--		$	--	$	--		$	--		$	1,313
	Commercial real estate		832			--			759		1,591			--			3,356
	Commercial		--			--			--		--			--			22
	Home equity lines of credit		--			--			--		--			--			146
	Total	$	832		$	--		$	759	$	1,591		$	--		$	4,837
Impaired Loans	The following is a summary of impaired loans at March 31, 2015 and December 31, 2014:
		31-Mar-15								31-Dec-14
					Unpaid								Unpaid
		Recorded			Principal			Related		Recorded			Principal			Related
		Investment			Balance			Allowance		Investment			Balance			Allowance
								(In thousands)
	Impaired loans without a valuation allowance:
	Residential real estate	$	1,489		$	1,489		$	--	$	1,521		$	1,521		$	--
	Commercial real estate		3,251			3,251			--		2,597			2,597			--
	Commercial		19			19			--		22			22			--
	Home equity lines of credit		146			146			--		146			146			--
	Total		4,905			4,905			--		4,286			4,286			--
	Impaired loans with a valuation allowance:
	Commercial real estate		--			--			--		759			759			51
	Total impaired loans	$	4,905		$	4,905		$	--	$	5,045		$	5,045		$	51
Additional Information Pertaining to Impaired Loans	Additional information pertaining to impaired loans follows:
		Three Months Ended March 31, 2015								Three Months Ended March 31, 2014
								Interest								Interest
		Average			Interest			Income		Average			Interest			Income
		Recorded			Income			Recognized		Recorded			Income			Recognized
		Investment			Recognized			on Cash Basis		Investment			Recognized			on cash basis
		(In thousands)
	Residential real estate	$	1,502		$	20		$	20	$	424		$	4		$	3
	Commercial real estate		3,279			45			39		5,258			64			53
	Commercial		21			--			--		31			4			--
	Home equity lines of credit		146			1			1		427			--			1
	Total	$	4,948		$	66		$	60	$	6,140		$	72		$	57
Loans by Risk Rating and by Category	The following table presents the Company’s loans by risk rating:
		31-Mar-15											31-Dec-14
		Commercial											Commercial
		Real Estate			Construction			Commercial		Total			Real Estate			Construction			Commercial		Total
										(In thousands)
	Loans rated 1 -4	$	90,995		$	76,979		$	17,347	$	185,321		$	85,496		$	72,668		$	17,802	$	175,966
	Loans rated  5		5,976			--			999		6,975			6,054			--			1,022		7,076
	Loans rated  6		2,364			--			217		2,581			2,390			--			229		2,619
	Loans rated  7		690			--			--		690			759			--			--		759
	Total	$	100,025		$	76,979		$	18,563	$	195,567		$	94,699		$	72,668		$	19,053	$	186,420

FAIR_VALUES_OF_ASSETS_AND_LIAB1

FAIR VALUES OF ASSETS AND LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Assets Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014 are summarized below.
		31-Mar-15
										Total Fair
		Level 1			Level 2			Level 3		Value
		(In thousands)
	Assets
	Securities available for sale	$	--		$	55,328		$	--	$	55,328
	Forward loan sale commitments		--			23			--		23
	Total assets	$	--		$	55,351		$	--	$	55,351
	Liabilities
	Derivative loan commitments	$	--		$	8		$	--	$	8
Fair Value Hierarchy Used to Determine Each Adjustment and Carrying Value of Related Individual Assets	The following table summarizes the fair value hierarchy used to determine each adjustment and the carrying value of the related individual assets as of March 31, 2015 and December 31, 2014.
		31-Mar-15								31-Dec-14
		Level 1			Level 2			Level 3		Level 1		Level 2		Level 3
		(In thousands)
	Loans held for sale	$	--		$	--		$	1,664	$	--	$	--	$	537
	Impaired loans		--			--			690		--		--		708
		$	--		$	--		$	2,354	$	--	$	--	$	1,245
Total Gains (Losses) on Loans Held for Sale and Impaired Loans		Three Months Ended			Three Months Ended
		March 31, 2015			31-Mar-14
		Total Gains (Losses)			Total Gains (Losses)
		(In thousands)
	Loans held for sale	$	(6	)	$	(8	)
Estimated Fair Values and Related Carrying Amounts of Financial Instruments	The estimated fair values, and related carrying amounts of the Company’s financial instruments are outlined in the table below.  Certain financial instruments and all nonfinancial instruments are excluded from disclosure requirements.  Accordingly, the aggregate fair value amounts presented herein may not necessarily represent the underlying fair value of the Company.
		Carrying
		Amount			Level 1			Level 2		Level 3		Total
								(In thousands)
	31-Mar-15
	Financial assets:
	Cash and cash equivalents	$	21,069		$	21,069		$	--	$	--	$	21,069
	Certificates of deposit		100			100			--		--		100
	Securities available for sale		55,328			--			55,328		--		55,328
	FHLB stock		3,660			--			--		3,660		3,660
	Loans held for sale		1,664			--			1,664		--		1,664
	Loans, net		446,159			--			--		443,946		443,946
	Accrued interest receivable		1,243			--			--		1,243		1,243
	Forward loan sale commitments		23			--			23		--		23
	Financial liabilities:
	Deposits	$	430,109		$	--		$	--	$	430,400	$	430,400
	Short-term borrowings		4,000			--			4,000		--		4,000
	Long-term debt		57,500			--			57,705		--		57,705
	Accrued interest payable		61			--			--		61		61
	Derivative loan commitments		8			--			8		--		8
	31-Dec-14
	Financial assets:
	Cash and cash equivalents	$	19,271		$	19,271		$	--	$	--	$	19,271
	Certificates of deposit		100			100			--		--		100
	Securities available for sale		52,681			--			52,681		--		52,681
	FHLB stock		3,660			--			--		3,660		3,660
	Loans held for sale		537			--			537		--		537
	Loans, net		443,346			--			--		441,720		441,720
	Accrued interest receivable		1,216			--			--		1,216		1,216
	Forward loan sale commitments		8			--			8		--		8
	Financial liabilities:
	Deposits	$	422,245		$	--		$	--	$	422,731	$	422,731
	Short-term borrowings		2,000			--			2,000		--		2,000
	Long-term debt		59,500			--			59,504		--		59,504
	Accrued interest payable		61			--			--		61		61
	Derivative loan commitments		5			--			5		--		5

EMPLOYEE_STOCK_OWNERSHIP_PLAN_

EMPLOYEE STOCK OWNERSHIP PLAN (Tables)	3 Months Ended
	Mar. 31, 2015
Shares held by ESOP	Shares held by the ESOP include the following:
		31-Mar-15
	Allocated		37,616
	Committed to be allocated		3,210
	Unallocated		150,848
			191,674

EQUITY_INCENTIVE_PLAN_Tables

EQUITY INCENTIVE PLAN (Tables)	3 Months Ended
	Mar. 31, 2015
Summary of Option Activity	A summary of option activity under the Equity Incentive Plan for the three months ended March 31, 2015 is presented below:
						Weighted
						Average
					Weighted	Remaining
					Average	Contractual	Aggregate
	Options	Shares			Exercise Price	Term	Intrinsic Value
		(In thousands)				(In years)	(In thousands)
	Outstanding at beginning of period	214		$	15.84	8.02
	Granted	--			--	--
	Exercised	--			--	--
	Forfeited	(1	)		17.45	--
	Outstanding at end of period	213			15.84	7.77	$	623
	Options exercisable at end of period	76		$	15.38	7.52	$	257

EARNINGS_PER_COMMON_SHARE_Tabl

EARNINGS PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Common Share	Earnings per common share have been computed as follows:
			Three Months			Three Months
			Ended			Ended
			31-Mar-15			31-Mar-14
			(Dollars in thousands)
	Net income applicable to common stock	$	459		$	394
	Average number of common shares outstanding		2,459,138			2,454,549
	Less: Average unallocated ESOP shares		(152,454	)		(165,292	)
	Average number of common shares outstanding used to
	calculate basic earnings per common share		2,306,684			2,289,257
	Effect of dilutive  of stock options		11,910			1,167
	Average number of common shares outstanding used to
	calculate diluted earnings per common share		2,318,594			2,290,424
	Earnings per common share:
	Basic	$	0.2		$	0.17
	Diluted	$	0.2		$	0.17

Loan_Policies_Additional_Infor

Loan Policies - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015
Accounts, Notes, Loans and Financing Receivable
Number of days loans past due	90 days
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable
Maximum loan-to-value ratio to originate loan	80.00%
Minimum
Accounts, Notes, Loans and Financing Receivable
Time frame appropriate to capture relevant loss data for each loan segment	3 years
Maximum
Accounts, Notes, Loans and Financing Receivable
Time frame appropriate to capture relevant loss data for each loan segment	10 years

Components_of_Accumulated_Othe

Components of Accumulated Other Comprehensive Income and Related Tax Effects (Detail) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss)
Unrealized holding gains on securities available for sale	$900	$672
Tax effect	-345	-255
Net of tax amount	$555	$417

Amortized_Cost_and_Fair_Value_

Amortized Cost and Fair Value of Securities Available for Sale with Gross Unrealized Gains and Losses (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities
Amortized Cost	$54,428	$52,009
Gross Unrealized Gains	980	790
Gross Unrealized Losses	-80	-118
Fair Value	55,328	52,681
SBA and other asset-backed securities
Schedule of Available-for-sale Securities
Amortized Cost	12,470	12,761
Gross Unrealized Gains	255	171
Gross Unrealized Losses	-28	-35
Fair Value	12,697	12,897
State and municipal bonds
Schedule of Available-for-sale Securities
Amortized Cost	5,936	5,706
Gross Unrealized Gains	174	171
Gross Unrealized Losses	-9	-6
Fair Value	6,101	5,871
Government-sponsored enterprise obligations
Schedule of Available-for-sale Securities
Amortized Cost	7,250	6,500
Gross Unrealized Gains	11	6
Gross Unrealized Losses	-2	-10
Fair Value	7,259	6,496
Corporate bonds
Schedule of Available-for-sale Securities
Amortized Cost	11,771	10,424
Gross Unrealized Gains	68	42
Gross Unrealized Losses	-12	-25
Fair Value	11,827	10,441
Residential mortgage-backed securities | Government National Mortgage Association
Schedule of Available-for-sale Securities
Amortized Cost	6,528	5,812
Gross Unrealized Gains	160	167
Gross Unrealized Losses	-9	-4
Fair Value	6,679	5,975
Residential mortgage-backed securities | Government-sponsored enterprises
Schedule of Available-for-sale Securities
Amortized Cost	10,473	10,806
Gross Unrealized Gains	312	233
Gross Unrealized Losses	-20	-38
Fair Value	$10,765	$11,001

Amortized_Cost_and_Fair_Value_1

Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Detail) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Available-for-sale Securities, Debt Maturities, Amortized Cost
Within 1 year	$5,425
After 1 year to 5 years	10,179
After 5 years to 10 years	6,329
After 10 years	3,024
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis, Total	24,957
Mortgage- and asset-backed securities	29,471
Available-for-sale Debt Securities, Amortized Cost Basis, Total	54,428
Available-for-sale Securities, Debt Maturities, Fair Value
Within 1 year	5,448
After 1 year to 5 years	10,234
After 5 years to 10 years	6,410
After 10 years	3,095
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Total	25,187
Mortgage- and asset-backed securities	30,141
Available-for-sale Securities, Debt Securities, Total	$55,328

Recovered_Sheet1

Securities Available for Sale - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Schedule of Available-for-sale Securities
Proceeds from sales of securities, net	$0	$906
Gross realized gains from sale of available for sale securities		20
Gross realized losses from sale of available for sale securities		$4
Unrealized losses debt securities, aggregate depreciation percentage	0.64%

Information_Pertaining_to_Secu

Information Pertaining to Securities With Gross Unrealized Losses Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Loss Position (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Less Than Twelve Months Gross Unrealized Losses	($44)	($48)
Less Than Twelve Months Fair Value	8,558	12,694
Over Twelve Months Gross Unrealized Losses	-36	-70
Over Twelve Months Fair Value	3,831	2,648
SBA and other asset-backed securities
Less Than Twelve Months Gross Unrealized Losses	-23	-4
Less Than Twelve Months Fair Value	1,012	1,009
Over Twelve Months Gross Unrealized Losses	-5	-31
Over Twelve Months Fair Value	1,762	1,297
State and municipal bonds
Less Than Twelve Months Gross Unrealized Losses	-6	-1
Less Than Twelve Months Fair Value	948	101
Over Twelve Months Gross Unrealized Losses	-3	-5
Over Twelve Months Fair Value	296	546
Government-sponsored enterprise obligations
Less Than Twelve Months Gross Unrealized Losses	-2	-10
Less Than Twelve Months Fair Value	998	3,490
Corporate bonds
Less Than Twelve Months Gross Unrealized Losses	-4	-25
Less Than Twelve Months Fair Value	3,744	6,719
Over Twelve Months Gross Unrealized Losses	-8
Over Twelve Months Fair Value	987
Residential mortgage-backed securities | Government National Mortgage Association
Less Than Twelve Months Gross Unrealized Losses	-9	-4
Less Than Twelve Months Fair Value	1,845	867
Residential mortgage-backed securities | Government-sponsored enterprises
Less Than Twelve Months Gross Unrealized Losses		-4
Less Than Twelve Months Fair Value		508
Over Twelve Months Gross Unrealized Losses	-20	-34
Over Twelve Months Fair Value	$786	$805

Summary_of_Balances_of_Loans_D

Summary of Balances of Loans (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable
Loans	$450,944	$448,137
Allowance for loan losses	-4,716	-4,738
Net deferred loan origination fees	-69	-53
Loans, net	446,159	443,346
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Loans	100,025	94,699
Construction
Accounts, Notes, Loans and Financing Receivable
Loans	76,979	72,668
Home equity lines of credit
Accounts, Notes, Loans and Financing Receivable
Loans	29,505	28,153
Other Consumer
Accounts, Notes, Loans and Financing Receivable
Loans	297	292
Real estate loans
Accounts, Notes, Loans and Financing Receivable
Loans	402,579	400,639
Real estate loans | Residential - fixed
Accounts, Notes, Loans and Financing Receivable
Loans	17,379	20,651
Real estate loans | Residential - variable
Accounts, Notes, Loans and Financing Receivable
Loans	208,196	212,621
Real estate loans | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Loans	100,025	94,699
Real estate loans | Construction
Accounts, Notes, Loans and Financing Receivable
Loans	76,979	72,668
Commercial
Accounts, Notes, Loans and Financing Receivable
Loans	18,563	19,053
Commercial | Secured
Accounts, Notes, Loans and Financing Receivable
Loans	18,510	18,991
Commercial | Unsecured
Accounts, Notes, Loans and Financing Receivable
Loans	53	62
Consumer loans
Accounts, Notes, Loans and Financing Receivable
Loans	29,802	28,445
Consumer loans | Home equity lines of credit
Accounts, Notes, Loans and Financing Receivable
Loans	29,505	28,153
Consumer loans | Other Consumer
Accounts, Notes, Loans and Financing Receivable
Loans	$297	$292

Changes_in_Allowance_for_Loan_

Changes in Allowance for Loan Losses by Portfolio Segment (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	$4,738	$4,213
Provision (credit) for loan losses	50	180
Loans charged off	-72
Allowance Ending Balance	4,716	4,393
Residential Real Estate
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	1,710	1,351
Provision (credit) for loan losses	-168	74
Loans charged off	-17
Allowance Ending Balance	1,525	1,425
Commercial Real Estate
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	1,056	887
Provision (credit) for loan losses	15	134
Loans charged off	-55
Allowance Ending Balance	1,016	1,021
Construction
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	1,273	1,305
Provision (credit) for loan losses	71	2
Allowance Ending Balance	1,344	1,307
Commercial
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	428	426
Provision (credit) for loan losses	-11	-36
Allowance Ending Balance	417	390
Home equity lines of credit
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	224	213
Provision (credit) for loan losses	-18	-5
Allowance Ending Balance	206	208
Other Consumer
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance		7	4
Provision (credit) for loan losses		-1
Allowance Ending Balance	4	6	4
Unallocated
Financing Receivable, Allowance for Credit Losses
Allowance Beginning Balance	43	24
Provision (credit) for loan losses	161	12
Allowance Ending Balance	$204	$36

Additional_Information_Pertain

Additional Information Pertaining to Allowance for Loan Losses (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Allowance for Credit Losses
Allowance related to impaired loans		$51
Allowance related to non-impaired loans	4,716	4,687
Total allowance	4,716	4,738	4,393	4,213
Impaired loan balances	4,905	5,045
Non-impaired loan balances	446,039	443,092
Total loans	450,944	448,137
Residential Real Estate
Financing Receivable, Allowance for Credit Losses
Allowance related to non-impaired loans	1,525	1,710
Total allowance	1,525	1,710	1,425	1,351
Impaired loan balances	1,489	1,521
Non-impaired loan balances	224,086	231,751
Total loans	225,575	233,272
Commercial Real Estate
Financing Receivable, Allowance for Credit Losses
Allowance related to impaired loans		51
Allowance related to non-impaired loans	1,016	1,005
Total allowance	1,016	1,056	1,021	887
Impaired loan balances	3,251	3,356
Non-impaired loan balances	96,774	91,343
Total loans	100,025	94,699
Construction
Financing Receivable, Allowance for Credit Losses
Allowance related to non-impaired loans	1,344	1,273
Total allowance	1,344	1,273	1,307	1,305
Non-impaired loan balances	76,979	72,668
Total loans	76,979	72,668
Commercial
Financing Receivable, Allowance for Credit Losses
Allowance related to non-impaired loans	417	428
Total allowance	417	428	390	426
Impaired loan balances	19	22
Non-impaired loan balances	18,544	19,031
Total loans	18,563	19,053
Home equity lines of credit
Financing Receivable, Allowance for Credit Losses
Allowance related to non-impaired loans	206	224
Total allowance	206	224	208	213
Impaired loan balances	146	146
Non-impaired loan balances	29,359	28,007
Total loans	29,505	28,153
Other Consumer
Financing Receivable, Allowance for Credit Losses
Allowance related to non-impaired loans	4	4
Total allowance	4	4	6	7
Non-impaired loan balances	297	292
Total loans	297	292
Unallocated
Financing Receivable, Allowance for Credit Losses
Allowance related to non-impaired loans	204	43
Total allowance	$204	$43	$36	$24

Past_Due_and_Nonaccrual_Loans_

Past Due and Nonaccrual Loans (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due
30-59 Days Past Due	$335	$832
60-89 Days Past Due	0	0
Past Due 90 Days or More	690	759
Total Past Due	1,025	1,591
Past Due 90 Days or More and Still Accruing	0	0
Non-accrual Loans	4,715	4,837
Residential Real Estate
Financing Receivable, Recorded Investment, Past Due
30-59 Days Past Due	218
60-89 Days Past Due	0	0
Total Past Due	218
Past Due 90 Days or More and Still Accruing	0	0
Non-accrual Loans	1,299	1,313
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due
30-59 Days Past Due		832
60-89 Days Past Due	0	0
Past Due 90 Days or More	690	759
Total Past Due	690	1,591
Past Due 90 Days or More and Still Accruing	0	0
Non-accrual Loans	3,251	3,356
Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
30-59 Days Past Due	117
60-89 Days Past Due	0	0
Total Past Due	117
Past Due 90 Days or More and Still Accruing	0	0
Non-accrual Loans	19	146
Other consumer loans
Financing Receivable, Recorded Investment, Past Due
60-89 Days Past Due	0
Past Due 90 Days or More and Still Accruing	0
Non-accrual Loans	146
Commercial
Financing Receivable, Recorded Investment, Past Due
60-89 Days Past Due		0
Past Due 90 Days or More and Still Accruing		0
Non-accrual Loans		$22

Impaired_Loans_Detail

Impaired Loans (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Impaired
Recorded Investment, Without a Valuation Allowance	$4,905	$4,286
Recorded Investment	4,905	5,045
Unpaid Principal Balance, Without a Valuation Allowance	4,905	4,286
Unpaid Principal Balance	4,905	5,045
Related Allowance		51
Residential Real Estate
Financing Receivable, Impaired
Recorded Investment, Without a Valuation Allowance	1,489	1,521
Unpaid Principal Balance, Without a Valuation Allowance	1,489	1,521
Commercial Real Estate
Financing Receivable, Impaired
Recorded Investment, Without a Valuation Allowance	3,251	2,597
Recorded Investment, With a Valuation Allowance		759
Unpaid Principal Balance, Without a Valuation Allowance	3,251	2,597
Unpaid Principal Balance, With a Valuation Allowance		759
Related Allowance		51
Home equity lines of credit
Financing Receivable, Impaired
Recorded Investment, Without a Valuation Allowance	146	146
Unpaid Principal Balance, Without a Valuation Allowance	146	146
Commercial
Financing Receivable, Impaired
Recorded Investment, Without a Valuation Allowance	19	22
Unpaid Principal Balance, Without a Valuation Allowance	$19	$22

Additional_Information_Pertain1

Additional Information Pertaining to Impaired Loans (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable, Impaired
Average Recorded Investment	$4,948	$6,140
Interest Income Recognized	66	72
Interest Income Recognized on Cash Basis	60	57
Residential Real Estate
Financing Receivable, Impaired
Average Recorded Investment	1,502	424
Interest Income Recognized	20	4
Interest Income Recognized on Cash Basis	20	3
Commercial Real Estate
Financing Receivable, Impaired
Average Recorded Investment	3,279	5,258
Interest Income Recognized	45	64
Interest Income Recognized on Cash Basis	39	53
Home equity lines of credit
Financing Receivable, Impaired
Average Recorded Investment	146	427
Interest Income Recognized	1
Interest Income Recognized on Cash Basis	1	1
Commercial
Financing Receivable, Impaired
Average Recorded Investment	21	31
Interest Income Recognized		$4

Loans_and_Allowances_for_Loan_

Loans and Allowances for Loan Losses - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable
Troubled debt restructurings	$0	$0
Troubled debt restructurings default	0	0
Loans	450,944,000		448,137,000
Commercial
Accounts, Notes, Loans and Financing Receivable
Loans	18,563,000		19,053,000
Loan rated 9 | Commercial | Maximum
Accounts, Notes, Loans and Financing Receivable
Loans	$25,000
Credit Rating Eleven | Maximum
Accounts, Notes, Loans and Financing Receivable
Days after assignment of a 10 rating after which the credit will be rated 5 If information is still not available to allow a standard rating	60 days

Loan_by_Risk_Rating_and_by_Cat

Loan by Risk Rating and by Category (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment
Loans	$195,567	$186,420
Loans rated 1-4
Financing Receivable, Recorded Investment
Loans	185,321	175,966
Loans rated 5
Financing Receivable, Recorded Investment
Loans	6,975	7,076
Loans rated 6
Financing Receivable, Recorded Investment
Loans	2,581	2,619
Loans rated 7
Financing Receivable, Recorded Investment
Loans	690	759
Commercial Real Estate
Financing Receivable, Recorded Investment
Loans	100,025	94,699
Commercial Real Estate | Loans rated 1-4
Financing Receivable, Recorded Investment
Loans	90,995	85,496
Commercial Real Estate | Loans rated 5
Financing Receivable, Recorded Investment
Loans	5,976	6,054
Commercial Real Estate | Loans rated 6
Financing Receivable, Recorded Investment
Loans	2,364	2,390
Commercial Real Estate | Loans rated 7
Financing Receivable, Recorded Investment
Loans	690	759
Construction
Financing Receivable, Recorded Investment
Loans	76,979	72,668
Construction | Loans rated 1-4
Financing Receivable, Recorded Investment
Loans	76,979	72,668
Commercial
Financing Receivable, Recorded Investment
Loans	18,563	19,053
Commercial | Loans rated 1-4
Financing Receivable, Recorded Investment
Loans	17,347	17,802
Commercial | Loans rated 5
Financing Receivable, Recorded Investment
Loans	999	1,022
Commercial | Loans rated 6
Financing Receivable, Recorded Investment
Loans	$217	$229

Assets_and_Liabilities_Measure

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$55,328	$52,681
Forward loan sale commitments	23	8
Derivative loan commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative loan commitments	8	5
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	55,328	52,681
Forward loan sale commitments	23	8
Level 2 | Derivative loan commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative loan commitments	8	5
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	55,351	52,689
Fair Value, Measurements, Recurring | Securities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	55,328	52,681
Fair Value, Measurements, Recurring | Forward loan sale commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward loan sale commitments	23	8
Fair Value, Measurements, Recurring | Derivative loan commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative loan commitments	8	5
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	55,351	52,689
Fair Value, Measurements, Recurring | Level 2 | Securities available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	55,328	52,681
Fair Value, Measurements, Recurring | Level 2 | Forward loan sale commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward loan sale commitments	23	8
Fair Value, Measurements, Recurring | Level 2 | Derivative loan commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative loan commitments	$8	$5

Fair_Value_Hierarchy_Used_to_D

Fair Value Hierarchy Used to Determine Each Adjustment and Carrying Value of Related Individual Assets (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	$1,664	$537
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	1,664	537
Impaired loans	690	708
Assets, Fair Value Disclosure, Nonrecurring, Total	$2,354	$1,245

Total_Gains_Losses_on_Loans_He

Total Gains Losses on Loans Held for Sale and Impaired Loans (Detail) (Loans Held-for-Sale, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Loans Held-for-Sale
Fair Value, Assets and Liabilities Measured on Non Recurring Basis
Total Gains (Losses)	($6)	($8)

Recovered_Sheet2

Fair Values of Assets and Liabilities - Additional Information (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Fair Value of Financial Instruments [Line Items]
Liabilities measured at fair value on a non-recurring basis	$0	$0

Estimated_Fair_Values_and_Rela

Estimated Fair Values and Related Carrying or Notional Amounts of Financial Instruments (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financial assets:
Cash and cash equivalents	$21,069	$19,271
Certificates of deposit	100	100
Securities available for sale	55,328	52,681
FHLB stock	3,660	3,660
Loans held for sale	1,664	537
Loans, net	443,946	441,720
Accrued interest receivable	1,243	1,216
Forward loan sale commitments	23	8
Financial liabilities:
Deposits	430,400	422,731
Short-term borrowings	4,000	2,000
Long-term debt	57,705	59,504
Accrued interest payable	61	61
Derivative loan commitments
Financial liabilities:
Derivative loan commitments	8	5
Level 1
Financial assets:
Cash and cash equivalents	21,069	19,271
Certificates of deposit	100	100
Level 2
Financial assets:
Securities available for sale	55,328	52,681
Loans held for sale	1,664	537
Forward loan sale commitments	23	8
Financial liabilities:
Short-term borrowings	4,000	2,000
Long-term debt	57,705	59,504
Level 2 | Derivative loan commitments
Financial liabilities:
Derivative loan commitments	8	5
Level 3
Financial assets:
FHLB stock	3,660	3,660
Loans held for sale	1,664	537
Loans, net	443,946	441,720
Accrued interest receivable	1,243	1,216
Financial liabilities:
Deposits	430,400	422,731
Accrued interest payable	61	61
Carrying Amount
Financial assets:
Cash and cash equivalents	21,069	19,271
Certificates of deposit	100	100
Securities available for sale	55,328	52,681
FHLB stock	3,660	3,660
Loans held for sale	1,664	537
Loans, net	446,159	443,346
Accrued interest receivable	1,243	1,216
Forward loan sale commitments	23	8
Financial liabilities:
Deposits	430,109	422,245
Short-term borrowings	4,000	2,000
Long-term debt	57,500	59,500
Accrued interest payable	61	61
Carrying Amount | Derivative loan commitments
Financial liabilities:
Derivative loan commitments	$8	$5

Recovered_Sheet3

Employee Stock Ownership Plan - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Employee Stock Ownership Plan (ESOP) Disclosures
Employee Stock Ownership Plan , Shares in ESOP	191,674
Employee Stock Ownership Plan, Shares in ESOP percentage of common stock outstanding	7.79%
Employee Stock Ownership Plan, loan term	15 years
Employee Stock Ownership Plan, loan interest rate	3.25%
Employee Stock Ownership Plan, unallocated shares fair value	$2,900,000
ESOP expense	$61,000	$60,000

Shares_held_by_ESOP_Detail

Shares held by ESOP (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Employee Stock Ownership Plan (ESOP) Disclosures
Allocated	37,616
Committed to be allocated	3,210	3,209
Unallocated	150,848
Employee Stock Ownership Plan , Shares in ESOP	191,674

Equity_Incentive_Plan_Addition

Equity Incentive Plan - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense for non-vested stock options	$564
Unrecognized compensation expense, recognition period	2 years 9 months 7 days
Compensation expense for stock award plan	80	69
2012 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Plan, options granted	240,751
Stock options term	10 years
Equity awards, vesting period	5 years
Rate for Vesting Period	20.00%
Restricted Stock Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Plan, options granted	96,286
Equity awards, vesting period	5 years
Recognize tax Benefit	32	27
Unrecognized compensation expense, recognition period	2 years 10 months 24 days
Non-vested stock awards under the equity incentive plan	0
Unrecognized compensation expense for non-vested restricted stock	803
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share base compensation expenses applicable to stock option plan	47	51
Recognize tax Benefit	$9	$9

Summary_of_Option_Activity_Det

Summary of Option Activity (Detail) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Options
Outstanding at beginning of period	214
Granted	0
Exercised	0
Forfeited	-1
Outstanding at end of period	213	214
Options exercisable at end of period	76
Weighted Average Exercise Price
Outstanding at beginning of period	$15.84
Granted	$0
Exercised	$0
Forfeited	$17.45
Outstanding at end of period	$15.84	$15.84
Options exercisable at end of period	$15.38
Weighted Average Remaining Contractual Term
Outstanding at beginning of period	7 years 9 months 7 days	8 years 7 days
Options exercisable at end of period	7 years 6 months 7 days
Aggregate intrinsic value:
Aggregate intrinsic value	$623
Options exercisable at end of period	$257

Computation_of_Earnings_per_Co

Computation of Earnings per Common Share (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Schedule Of Computation Of Basic And Diluted Earnings Per Common Share [Line Items]
Net income applicable to common stock	$459	$394
Average number of common shares outstanding	2,459,138	2,454,549
Less: Average unallocated ESOP shares	-152,454	-165,292
Average number of common shares outstanding used to calculate basic earnings per common share	2,306,684	2,289,257
Effect of dilutive of stock options	11,910	1,167
Average number of common shares outstanding used to calculate diluted earnings per common share	2,318,594	2,290,424
Earnings per common share:
Basic	$0.20	$0.17
Diluted	$0.20	$0.17

Earnings_Per_Common_Share_Addi

Earnings Per Common Share - Additional Information (Detail) (Options)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Options
Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted earnings per share	6,601	1,026

Stock_Repurchase_Plan_Addition

Stock Repurchase Plan - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015	Oct. 01, 2012
Repurchase Agreement Counterparty [Line Items]
Shares authorized for repurchase, percentage of outstanding common stock		4.00%
Shares repurchased and retired	40,535
Maximum
Repurchase Agreement Counterparty [Line Items]
Shares authorized for repurchase		96,286

Dividends_Declared_Additional_

Dividends Declared - Additional Information (Detail) (USD $)	0 Months Ended		3 Months Ended
	Mar. 18, 2015	Feb. 18, 2015	Mar. 31, 2015	Mar. 31, 2014	Feb. 18, 2015
Dividends Payable [Line Items]
Cash dividend declared					$0.03
Dividend declared date		18-Feb-15
Dividend payable date		18-Mar-15
Cash dividend paid	$0.03		$0.03
Dividend payable, date of record		4-Mar-15