Sound Financial Bancorp (SFBC) 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 11, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Sound Financial Bancorp, Inc.
Entity Central Index Key	1,541,119
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		2,499,980
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 52,807	$ 54,582
Available-for-sale securities, at fair value	6,359	6,604
Loans held for sale	1,970	871
Loans	489,290	500,001
Allowance for loan losses	(4,838)	(4,822)
Total loans, net	484,452	495,179
Accrued interest receivable	1,754	1,816
Bank-owned life insurance ("BOLI"), net	12,163	12,082
Other real estate owned ("OREO") and repossessed assets, net	952	1,172
Mortgage servicing rights, at fair value	3,558	3,561
Federal Home Loan Bank ("FHLB") stock, at cost	1,731	2,840
Premises and equipment, net	6,009	5,549
Other assets	3,621	4,127
Total assets	575,376	588,383
Deposits
Interest-bearing	409,191	403,990
Noninterest-bearing demand	71,631	63,741
Total deposits	480,822	467,731
Borrowings	25,631	54,792
Accrued interest payable	87	73
Other liabilities	6,042	4,874
Advance payments from borrowers for taxes and insurance	1,166	638
Total liabilities	513,748	528,108
COMMITMENTS AND CONTINGENCIES (NOTE 7)
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or Outstanding	0	0
Common stock, $0.01 par value, 40,000,000 shares authorized, 2,499,880 and 2,498,804 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively	25	25
Additional paid-in capital	24,134	23,979
Unearned shares - Employee Stock Ownership Plan ("ESOP")	(683)	(683)
Retained earnings	38,037	36,873
Accumulated other comprehensive income, net of tax	115	81
Total stockholders' equity	61,628	60,275
Total liabilities and stockholders' equity	$ 575,376	$ 588,383

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
STOCKHOLDERS' EQUITY
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	2,499,880	2,498,804
Common stock, shares outstanding (in shares)	2,499,880	2,498,804

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
INTEREST INCOME
Loans, including fees	$ 6,442	$ 5,952
Interest and dividends on investments, cash and cash equivalents	150	116
Total interest income	6,592	6,068
INTEREST EXPENSE
Deposits	703	688
Borrowings	92	29
Total interest expense	795	717
Net interest income	5,797	5,351
PROVISION FOR LOAN LOSSES	0	150
Net interest income after provision for loan losses	5,797	5,201
NONINTEREST INCOME
Service charges and fee income	511	566
Earnings on cash surrender value of bank-owned life insurance	81	84
Mortgage servicing income	253	204
Fair value adjustment on mortgage servicing rights	(20)	(114)
Net gain on sale of loans	171	210
Total noninterest income	996	950
NONINTEREST EXPENSE
Salaries and benefits	2,691	2,563
Operations	1,021	972
Regulatory assessments	124	155
Occupancy	373	385
Data processing	407	386
Net loss on OREO and repossessed assets	3	0
Total noninterest expense	4,619	4,461
Income before provision for income taxes	2,174	1,690
Provision for income taxes	760	584
Net income	$ 1,414	$ 1,106
Earnings per common share:
Basic (in dollars per share)	$ 0.57	$ 0.45
Diluted (in dollars per share)	$ 0.54	$ 0.43
Weighted average number of common shares outstanding:
Basic (in shares)	2,499,502	2,477,751
Diluted (in shares)	2,596,519	2,571,604

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidated Statements of Comprehensive Income (unaudited) [Abstract]
Net income	$ 1,414	$ 1,106
Available for sale securities:
Unrealized gains on sale of securities arising during the period, net of taxes of $17 and $4, respectively	34	6
Other comprehensive income, net of tax	34	6
Comprehensive income	$ 1,448	$ 1,112

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Available for sale securities:
Unrealized gains on sale of securities arising during the period, taxes	$ 17	$ 4

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Stockholders' Equity (unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Unearned ESOP Shares [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income, Net of Tax [Member]	Total
Balances at Dec. 31, 2015	$ 25	$ 23,002	$ (911)	$ 32,240	$ 164	$ 54,520
Balances (in shares) at Dec. 31, 2015	2,469,206
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				1,106		1,106
Other comprehensive income, net of tax					6	6
Share-based compensation		102				102
Cash dividends on common stock				(186)		(186)
Restricted stock awards issued						0
Restricted stock awards issued (in shares)	11,606
Exercise of stock options		6				6
Exercise of stock options (in shares)	577
Balances at Mar. 31, 2016	$ 25	23,110	(911)	33,160	170	55,554
Balances (in shares) at Mar. 31, 2016	2,481,389
Balances at Dec. 31, 2016	$ 25	23,979	(683)	36,873	81	$ 60,275
Balances (in shares) at Dec. 31, 2016	2,498,804					2,498,804
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				1,414		$ 1,414
Other comprehensive income, net of tax					34	34
Share-based compensation		144				144
Cash dividends on common stock				(250)		(250)
Restricted stock awards issued (in shares)	576
Exercise of stock options		11				11
Exercise of stock options (in shares)	500
Balances at Mar. 31, 2017	$ 25	$ 24,134	$ (683)	$ 38,037	$ 115	$ 61,628
Balances (in shares) at Mar. 31, 2017	2,499,880					2,499,880

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Stockholders' Equity (unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidated Statements of Stockholders' Equity (unaudited) [Abstract]
Cash dividends on common stock ( in dollars per share)	$ 0.10	$ 0.075

Condensed Consolidated Stateme9

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,414	$ 1,106
Adjustments to reconcile net income to net cash from operating activities:
Accretion of net premium on investments	12	10
Provision for loan losses	0	150
Depreciation and amortization	203	195
Compensation expense related to stock options and restricted stock	144	102
Fair value adjustment on mortgage servicing rights	20	114
Additions to mortgage servicing rights, net of amortization	(17)	40
Increase in cash surrender value of BOLI	(81)	(84)
Net gain on sale of loans	(171)	(210)
Proceeds from sale of loans	14,044	13,827
Originations of loans held for sale	(14,972)	(12,712)
Loss on sale and write-downs of OREO and repossessed assets	(3)	0
Change in operating assets and liabilities:
Accrued interest receivable	62	13
Other assets	489	(203)
Accrued interest payable	14	10
Other liabilities	1,168	2,176
Net cash from operating activities	2,326	4,534
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from principal payments, maturities and sales of available for sale securities	284	409
FHLB stock redeemed	1,109	309
Net decrease (increase) in loans	10,727	(2,515)
Proceeds from sale of OREO and other repossessed assets	223	124
Purchases of premises and equipment, net	(663)	(824)
Net cash from (used by) investing activities	11,680	(2,497)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	13,091	8,097
Proceeds from borrowings	16,000	27,500
Repayment of borrowings	(45,161)	(36,561)
Dividends paid on common stock	(250)	(186)
Net change in advances from borrowers for taxes and insurance	528	522
Proceeds from stock option exercises	11	6
Net cash used by financing activities	(15,781)	(622)
Net (decrease) increase in cash and cash equivalents	(1,775)	1,415
Cash and cash equivalents, beginning of period	54,582	48,264
Cash and cash equivalents, end of period	52,807	49,679
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	650	300
Interest paid on deposits and borrowings	781	707
Noncash net transfer from loans to OREO and repossessed assets	$ 0	$ 187

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Basis of Presentation [Abstract]
Basis of Presentation	Note 1 – Basis of Presentation The accompanying financial information is unaudited and has been prepared from the consolidated financial statements of Sound Financial Bancorp, Inc., and its wholly owned subsidiary, Sound Community Bank. References in this document to Sound Financial Bancorp refer to Sound Financial Bancorp, Inc. and references to the “Bank” refer to Sound Community Bank. References to “we,” “us,” and “our” or the “Company” refers to Sound Financial Bancorp and its wholly-owned subsidiary, Sound Community Bank, unless the context otherwise requires. These unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. Certain information and disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC. These unaudited financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the SEC on March 27, 2017 (“2016 Form 10-K”). The results for the interim periods are not necessarily indicative of results for a full year. For further information, refer to the consolidated financial statements and footnotes for the year ended December 31, 2016, included in the 2016 Form 10-K. Certain amounts in the prior quarters’ consolidated financial statements have been reclassified to conform to the current presentation. These classifications do not have an impact on previously reported consolidated net income, retained earnings, stockholders’ equity or earnings per share.

Accounting Pronouncements Recen

Accounting Pronouncements Recently Issued or Adopted	3 Months Ended
	Mar. 31, 2017
Accounting Pronouncements Recently Issued or Adopted [Abstract]
Accounting Pronouncements Recently Issued or Adopted	Note 2 – Accounting Pronouncements Recently Issued or Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which creates Topic 606 and supersedes Topic 605, Revenue Recognition. In August 2015, FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606), which postponed the effective date of 2014-09. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net, which amended the principal versus agent implementation guidance set for in ASU 2014-09. Among other things, ASU 2016-08 clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract with a customer. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. The ASU amends certain aspects of the guidance set forth in the FASB's new revenue standard related to identifying performance obligations and licensing implementation. 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. In general, the new ASU requires companies to use more judgment and make more estimates than under current guidance, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients, which provides clarifying guidance in certain narrow areas and adds some practical expedients, but does not change the core revenue recognition principle in Topic 606. This ASU is effective for interim and annual periods beginning after December 15, 2017; early adoption is not permitted. For financial reporting purposes, the ASU allows for either full retrospective adoption, meaning this ASU is applied to all of the periods presented, or modified retrospective adoption, meaning the ASU is applied only to the most current period presented in the financial statements with the cumulative effect of initially applying the ASU is recognized at the date of initial application. As a financial institution, the Company's largest component of revenue, interest income, is excluded from the scope of this ASU. Accordingly, the adoption of ASU No. 2016-12 is not expected to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10), Recognition and Measurement of Financial Assets and Financial Liabilities. The new guidance is intended to improve the recognition and measurement of financial instruments. This ASU requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. In addition, the ASU requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes and requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements. This ASU also eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. The ASU also requires a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. ASU No. 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted for certain provisions. The Company is currently evaluating the impact of this ASU on the Company's consolidated financial statements. In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842). ASU No. 2016-02 requires lessees to recognize, on the balance sheet, the assets and liabilities arising from operating leases. A lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term. A lessee should include payments to be made in an optional period only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. For a finance lease, interest payments should be recognized separately from amortization of the right-of-use asset in the statement of comprehensive income. For operating leases, the lease cost should be allocated over the lease term on a generally straight-line basis. The amendments in ASU 2016-02 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the amendments in the ASU is permitted. Although an estimate of the impact of the new leasing standard has not yet been determined, once adopted, we expect to report higher assets and liabilities as a result of including right-of-use assets and lease liabilities related to certain banking offices and certain equipment under noncancelable operating lease agreements, however, based on current leases the adoption is not expected to have a material impact on the Company’s consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments- Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU replaces the existing incurred loss impairment methodology that recognizes credit losses when a probable loss has been incurred with new methodology where loss estimates are based upon lifetime expected credit losses. The amendments in this ASU require a financial asset that is measured at amortized cost to be presented at the net amount expected to be collected. The income statement would then reflect the measurement of credit losses for newly recognized financial assets as well as changes to the expected credit losses that have taken place during the reporting period. The measurement of expected credit losses will be based on historical information, current conditions, and reasonable and supportable forecasts that impact the collectability of the reported amount. Available-for-sale securities will bifurcate the fair value mark and establish an allowance for credit losses through the income statement for the credit portion of that mark. The interest portion will continue to be recognized through accumulated other comprehensive income or loss. The change in allowance recognized as a result of adoption will occur through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the ASU is adopted. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 with early adoption permitted after December 15, 2018. The Company has begun the process to implement this new standard by working with a vendor that specializes in this area. While the Company has not quantified the impact of this ASU, it does expect changing from the current incurred loss model to an expected loss model will result in an earlier recognition of losses. The Company also expects that once adopted the allowance for loan losses will increase, however, until its evaluation is complete the magnitude of the increase will be unknown. In August 2016, FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. This ASU addresses the appropriate classification of eight specific cash flow issues on the cash flow statement. Debt prepayment costs should be classified as an outflow for financing activities. Settlement of zero-coupon debt instruments divides the interest portion as an outflow for operating activities and the principal portion as an outflow for financing activities. Contingent consideration payments made after a business combination should be classified as outflows for financing and operating activities. Proceeds from the settlement of bank-owned life insurance policies should be classified as inflows from investing activities. Other specific areas are identified in the ASU as to the appropriate classification of the cash inflows or outflows. The amendments in this ASU are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted and must be applied using a retrospective transition method to each period presented. The Company does not expect this ASU to have a material impact on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017-08, Receivables-Nonrefundable Fees and Other Costs (Subtopic 310-20). ASU 2017-08 is intended to amend the amortization period for certain purchased callable debt securities held at a premium. Under ASU 2017-08, the FASB is shortening the amortization period for the premium to the earliest call date. Under current GAAP, entities generally amortize the premium as an adjustment of yield over the contractual life of the instrument. ASU 2017-08 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. The Company is reviewing its securities portfolio to assess the impact the adoption of this ASU will have on the Company’s consolidated financial statements but does not expect this ASU to have a material impact.

Investments

Investments	3 Months Ended
	Mar. 31, 2017
Investments [Abstract]
Investments	Note 3 – Investments The amortized cost and fair value of our available-for-sale (“AFS”) securities and the corresponding amounts of gross unrealized gains and losses at the dates indicated were as follows (in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value March 31, 2017 Municipal bonds $ 3,255 $ 139 $ (20 ) $ 3,374 Agency mortgage-backed securities 2,612 52 (1 ) 2,663 Non-agency mortgage-backed securities 338 - (16 ) 322 Total $ 6,205 $ 191 $ (37 ) $ 6,359 December 31, 2016 Municipal bonds $ 3,262 $ 127 $ (36 ) $ 3,353 Agency mortgage-backed securities 2,858 49 (3 ) 2,904 Non-agency mortgage-backed securities 362 - (15 ) 347 Total $ 6,482 $ 176 $ (54 ) $ 6,604 The amortized cost and fair value of AFS securities at March 31, 2017, by contractual maturity, are shown below (in thousands). Expected maturities of AFS securities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments are shown separately. March 31, 2017 Amortized Cost Fair Value Due in less than one year $ - $ - Due in one to five years 1,344 1,323 Due after five to ten years 414 437 Due after ten years 1,497 1,614 Mortgage-backed securities 2,950 2,985 Total $ 6,205 $ 6,359 There were no pledged securities at March 31, 2017 or December 31, 2016. For the three months ended March 31, 2017 and 2016, there were no sales of AFS securities. The following table summarizes the aggregate fair value and gross unrealized loss by length of time those investments have been in a continuous unrealized loss position at March 31, 2017 (in thousands): March 31, 2017 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $ 1,323 $ (20 ) $ - $ - $ 1,323 $ (20 ) Agency mortgage-backed securities 1,056 (1 ) - - 1,056 (1 ) Non-agency mortgage-backed securities - - 322 (16 ) 322 (16 ) Total $ 2,379 $ (21 ) $ 322 $ (16 ) $ 2,701 $ (37 ) The following table summarizes the aggregate fair value and gross unrealized loss by length of time those investments have been in a continuous unrealized loss position at December 31, 2016 (in thousands): December 31, 2016 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $ 1,313 $ (36 ) $ - $ - $ 1,313 $ (36 ) Agency mortgage-backed securities - - 1,125 (3 ) 1,125 (3 ) Non-agency mortgage-backed securities - - 347 (15 ) 347 (15 ) Total $ 1,313 $ (36 ) $ 1,472 $ (18 ) $ 2,785 $ (54 ) There were no credit losses recognized in earnings during the three months ended March 31, 2017 and 2016 relating to the Company’s non- agency mortgage backed securities. At March 31, 2017, one agency mortgage-backed security and three municipal securities were in an unrealized loss position for less than 12 months. At December 31, 2016, three municipal securities were in a loss position for less than 12 months and one agency security was in a loss position for over 12 months. As of March 31, 2017 and December 31, 2016, one non-agency mortgage-backed security was in an unrealized loss position for over 12 months. The unrealized loss was caused by changes in interest rates causing a decline in the fair value subsequent to the purchase. The contractual terms of this investment does not permit the issuer to settle the security at a price less than par. Management does not intend to sell this non-agency mortgage-backed security and it is unlikely that the Company will be required to sell this security before recovery of its amortized cost basis. Management’s impairment evaluation indicated that this security possesses qualitative and quantitative factors that do not suggest an OTTI. These factors include, but are not limited to: the length of time and extent of the fair value declines, ratings agency down grades, the potential for an increased level of actual defaults, and the extension in duration of the securities. Based upon the results of the evaluation of the quantitative and qualitative factors, the non-agency mortgage-backed security does not reflect OTTI during the three months ended March 31, 2017 or the year ended December 31, 2016.

Loans

Loans	3 Months Ended
	Mar. 31, 2017
Loans [Abstract]
Loans	Note 4 – Loans The composition of the loan portfolio at the dates indicated, excluding loans held for sale, was as follows (in thousands): March 31, 2017 December 31, 2016 Real estate loans: One- to four- family $ 144,948 $ 152,386 Home equity 27,533 27,771 Commercial and multifamily 184,936 181,004 Construction and land 64,151 70,915 Total real estate loans 421,568 432,076 Consumer loans: Manufactured homes 16,038 15,494 Floating homes 23,746 23,996 Other consumer 4,244 3,932 Total consumer loans 44,028 43,422 Commercial business loans 25,307 26,331 Total loans 490,903 501,829 Deferred fees (1,613 ) (1,828 ) Total loans, gross 489,290 500,001 Allowance for loan losses (4,838 ) (4,822 ) Total loans, net $ 484,452 $ 495,179 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2017 (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Un- allocated Total Allowance for loan losses: Individually evaluated for impairment $ 722 $ 92 $ 24 $ 22 $ 40 $ - $ 60 $ 7 $ - $ 967 Collectively evaluated for impairment 813 156 1,089 391 108 137 38 147 992 3,871 Ending balance $ 1,535 $ 248 $ 1,113 $ 413 $ 148 $ 137 $ 98 $ 154 $ 992 $ 4,838 Loans receivable: Individually evaluated for impairment $ 6,408 $ 1,092 $ 2,112 $ 81 $ 272 $ - $ 62 $ 396 $ - $ 10,423 Collectively evaluated for impairment 138,540 26,441 182,824 64,070 15,766 23,746 4,182 24,911 - 480,480 Ending balance $ 144,948 $ 27,533 $ 184,936 $ 64,151 $ 16,038 $ 23,746 $ 4,244 $ 25,307 $ - $ 490,903 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2016 (in thousands): One-to- four family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Unallocated Total Allowance for loan losses: Individually evaluated for impairment $ 536 $ 121 $ 24 $ 35 $ 59 $ - $ 65 $ 23 $ - $ 863 Collectively evaluated for impairment 1,006 257 1,120 424 109 132 47 152 712 3,959 Ending balance $ 1,542 $ 378 $ 1,144 $ 459 $ 168 $ 132 $ 112 $ 175 $ 712 $ 4,822 Loans receivable: Individually evaluated for impairment $ 4,749 $ 832 $ 1,582 $ 83 $ 312 $ - $ 62 $ 616 $ - $ 8,236 Collectively evaluated for impairment 147,637 26,939 179,422 70,832 15,182 23,996 3,870 25,715 - 493,593 Ending balance $ 152,386 $ 27,771 $ 181,004 $ 70,915 $ 15,494 $ 23,996 $ 3,932 $ 26,331 $ - $ 501,829 The following table summarizes the activity in allowance for loan losses during the three months ended March 31, 2017 (in thousands): Beginning Allowance Charge-offs Recoveries Provision Ending Allowance One-to four- family $ 1,542 $ - $ - $ (7 ) $ 1,535 Home equity 378 - 27 (157 ) 248 Commercial and multifamily 1,144 (24 ) 1 (8 ) 1,113 Construction and land 459 - - (46 ) 413 Manufactured homes 168 - 2 (22 ) 148 Floating homes 132 - - 5 137 Other consumer 112 (5 ) 15 (24 ) 98 Commercial business 175 - - (21 ) 154 Unallocated 712 - - 280 992 Total $ 4,822 $ (29 ) $ 45 $ - $ 4,838 The following table summarizes the activity in the allowance for loan losses during the three months ended March 31, 2016 (in thousands): Beginning Allowance Charge-offs Recoveries Provision Ending Allowance One-to four- family $ 1,839 $ (65 ) $ - $ (41 ) $ 1,733 Home equity 607 - 2 (12 ) 597 Commercial and multifamily 921 - - 346 1,267 Construction and land 382 - - 81 463 Manufactured homes 301 - 2 (101 ) 202 Floating homes 111 - - 21 132 Other consumer 77 (18 ) 2 40 101 Commercial business 157 - - 7 164 Unallocated 241 - - (191 ) 50 Total $ 4,636 $ (83 ) $ 6 $ 150 $ 4,709 Credit Quality Indicators. When we classify problem loans as either substandard or doubtful, we may establish a specific allowance in an amount we deem prudent to address the risk specifically (if the loan is impaired) or we may allow the loss to be addressed in the general allowance (if the loan is not impaired). General allowances represent loss reserves which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been specifically allocated to particular problem loans. When the Company classifies problem loans as a loss, we charge off such assets in the period in which they are deemed uncollectible. Assets that do not currently expose us to sufficient risk to warrant classification as substandard, doubtful or loss but possess identified weaknesses are classified as either watch or special mention assets. Our determination as to the classification of our assets and the amount of our valuation allowances is subject to review by our banking regulators, which can order the establishment of additional loss allowances. Pass rated loans are loans that are not otherwise classified or criticized. The following table represents the internally assigned grades as of March 31, 2017 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Total Grade: Pass $ 139,558 $ 26,320 $ 172,440 $ 57,868 $ 15,828 $ 23,746 $ 4,135 $ 24,689 $ 464,584 Watch 950 363 10,743 6,283 102 - 47 315 18,803 Special Mention 139 - 364 - 29 - 2 158 692 Substandard 4,301 850 1,389 - 79 - 60 145 6,824 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 144,948 $ 27,533 $ 184,936 $ 64,151 $ 16,038 $ 23,746 $ 4,244 $ 25,307 $ 490,903 The following table represents the internally assigned grades as of December 31, 2016 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Total Grade: Pass $ 148,617 $ 26,547 $ 171,678 $ 67,539 $ 15,288 $ 23,996 $ 3,821 $ 25,625 $ 483,111 Watch 998 536 8,105 3,376 78 - 49 326 13,468 Special Mention 139 - - - 30 - - - 169 Substandard 2,632 688 1,221 - 98 - 62 380 5,081 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 152,386 $ 27,771 $ 181,004 $ 70,915 $ 15,494 $ 23,996 $ 3,932 $ 26,331 $ 501,829 Nonaccrual and Past Due Loans The following table presents the recorded investment in nonaccrual loans as of March 31, 2017 and December 31, 2016, by type of loan (in thousands): March 31, 2017 December 31, 2016 One- to four- family $ 733 $ 2,169 Home equity 782 536 Commercial and multifamily 215 218 Manufactured homes 47 72 Commercial business 145 149 Total $ 1,922 $ 3,144 The following table represents the aging of the recorded investment in past due loans as of March 31, 2017 by type of loan (in thousands): 30-59 Days Past Due 60-89 Days Past Due 90 Days and Greater Past Due 90 Days and Greater Past Due and Still Accruing Total Past Due Current Total Loans One-to four- family $ 1,079 $ 63 $ 530 $ - $ 1,672 $ 143,276 $ 144,948 Home equity 307 90 594 - 991 26,542 27,533 Commercial and multifamily - - - - - 184,936 184,936 Construction and land 27 - - - 27 64,124 64,151 Manufactured homes 407 37 46 - 490 15,548 16,038 Floating homes - - - - - 23,746 23,746 Other consumer 7 1 - - 8 4,236 4,244 Commercial business 145 - - - 145 25,162 25,307 Total $ 1,972 $ 191 $ 1,170 $ - $ 3,333 $ 487,570 $ 490,903 The following table represents the aging of the recorded investment in past due loans as of December 31, 2016 by type of loan (in thousands): 30-59 Days Past Due 60-89 Days Past Due 90 Days and Greater Past Due 90 Days and Greater Past Due and Still Accruing Total Past Due Current Total Loans One-to four- family $ 2,476 $ 161 $ 1,787 $ - $ 4,424 $ 147,962 $ 152,386 Home equity 460 - 494 - 954 26,817 27,771 Commercial and multifamily - - - - - 181,004 181,004 Construction and land 440 - - - 440 70,475 70,915 Manufactured homes 321 28 62 - 411 15,083 15,494 Floating homes - - - - - 23,996 23,996 Other consumer 26 1 - - 27 3,905 3,932 Commercial business 149 - - - 149 26,182 26,331 Total $ 3,872 $ 190 $ 2,343 $ - $ 6,405 $ 495,424 $ 501,829 Nonperforming Loans. The following table represents the credit risk profile of our loan portfolio based on payment activity as of March 31, 2017 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating Homes Other consumer Commercial business Total Performing $ 142,892 $ 26,734 $ 184,721 $ 64,151 $ 15,968 $ 23,746 $ 4,244 $ 25,069 $ 487,525 Nonperforming 2,056 799 215 - 70 - - 238 3,378 Total $ 144,948 $ 27,533 $ 184,936 $ 64,151 $ 16,038 $ 23,746 $ 4,244 $ 25,307 $ 490,903 The following table represents the credit risk profile of our loan portfolio based on payment activity as of December 31, 2016 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating Homes Other consumer Commercial business Total Performing $ 150,170 $ 27,218 $ 180,786 $ 70,915 $ 15,374 $ 23,996 $ 3,932 $ 26,089 $ 498,480 Nonperforming 2,216 553 218 - 120 - - 242 3,349 Total $ 152,386 $ 27,771 $ 181,004 $ 70,915 $ 15,494 $ 23,996 $ 3,932 $ 26,331 $ 501,829 Impaired Loans. The following table presents loans individually evaluated for impairment at March 31, 2017 by type of loan (in thousands): March 31, 2017 Recorded Investment Unpaid Principal Balance Without Allowance With Allowance Related Allowance One- to four- family $ 6,512 $ 2,801 $ 3,607 $ 722 Home equity 1,092 659 433 92 Commercial and multifamily 2,117 1,753 359 24 Construction and land 81 - 81 22 Manufactured homes 273 71 201 40 Floating homes - - - - Other consumer 62 2 60 60 Commercial business 396 303 93 7 Total $ 10,533 $ 5,589 $ 4,834 $ 967 The following table presents loans individually evaluated for impairment at December 31, 2016 by type of loan (in thousands): December 31, 2016 Recorded Investment Unpaid Principal Balance Without Allowance With Allowance Related Allowance One- to four- family $ 5,010 $ 2,454 $ 2,295 $ 536 Home equity 913 446 386 121 Commercial and multifamily 1,582 1,221 361 24 Construction and land 83 - 83 35 Manufactured homes 326 91 221 59 Floating homes - - - - Other consumer 62 - 62 65 Commercial business 616 143 473 23 Total $ 8,592 $ 4,355 $ 3,881 $ 863 The following table presents loans individually evaluated for impairment as of March 31, 2017 and 2016 by type of loan (in thousands): March 31, 2017 March 31, 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized One- to four- family $ 4,959 $ 84 $ 5,623 $ 68 Home equity 965 10 921 12 Commercial and multifamily 1,852 27 3,439 67 Construction and land 82 1 90 1 Manufactured homes 302 5 371 7 Floating homes - - - - Other consumer 63 1 16 1 Commercial business 505 5 307 7 Total $ 8,728 $ 133 $ 10,767 $ 163 Forgone interest on nonaccrual loans was $4,000 and $22,000 for the three months ended March 31, 2017 and 2016, respectively. There were no commitments to lend additional funds to borrowers whose loans were classified as nonaccrual, TDR or impaired at March 31, 2017 or December 31, 2016. Troubled debt restructurings. Rate Modification Term Modification Payment Modification Combination Modification There was one $1.3 million one- to four- family residential TDR loan identified during the quarter ended March 31, 2017 and one $14,000 manufactured house TDR loan that paid off during the period. At March 31, 2017, there were no commitments to extend additional credit to borrowers whose loan terms have been modified in TDRs. There were no loans modified as TDRs within the previous 12 months for which there was a payment default during the three months ended March 31, 2017 and 2016.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 5 – Fair Value Measurements The following tables present information about the level in the fair value hierarchy for the Company’s financial assets and liabilities, whether or not recognized or recorded at fair value as of March 31, 2017 and December 31, 2016 (in thousands): March 31, 2017 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 FINANCIAL ASSETS: Cash and cash equivalents $ 52,807 $ 52,807 $ 52,807 $ - $ - Available-for-sale securities 6,359 6,359 - 6,037 322 Loans held for sale 1,970 1,970 - 1,970 - Loans receivable, net 484,452 483,245 - - 483,245 Accrued interest receivable 1,754 1,754 1,754 - Mortgage servicing rights 3,558 3,558 - - 3,558 FHLB stock 1,731 1,731 - - 1,731 FINANCIAL LIABILITIES: Non-maturity deposits 328,115 328,115 - 328,115 - Time deposits 152,707 150,573 - 150,573 - Borrowings 25,631 25,635 - 25,635 - Accrued interest payable 87 87 - 87 - December 31, 2016 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 FINANCIAL ASSETS: Cash and cash equivalents $ 54,582 $ 54,582 $ 54,582 $ - $ - Available-for-sale securities 6,604 6,604 - 6,257 347 Loans held for sale 871 871 - 871 - Loans receivable, net 495,179 494,289 - - 494,289 Accrued interest receivable 1,816 1,816 1,816 - - Mortgage servicing rights 3,561 3,561 - - 3,561 FHLB Stock 2,840 2,840 - - 2,840 FINANCIAL LIABILITIES: Non-maturity deposits 307,989 307,989 - 307,989 - Time deposits 159,742 159,333 - 159,333 - Borrowings 54,792 54,805 - 54,805 - Accrued interest payable 73 73 - 73 - The following tables present the balance of assets measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016 (in thousands): Fair Value at March 31, 2017 Description Total Level 1 Level 2 Level 3 Municipal bonds $ 3,374 $ - $ 3,374 $ - Agency mortgage-backed securities 2,663 - 2,663 - Non-agency mortgage-backed securities 322 - - 322 Mortgage servicing rights 3,558 - - 3,558 Fair Value at December 31, 2016 Description Total Level 1 Level 2 Level 3 Municipal bonds $ 3,353 $ - $ 3,353 $ - Agency mortgage-backed securities 2,904 - 2,904 - Non-agency mortgage-backed securities 347 - - 347 Mortgage servicing rights 3,561 - - 3,561 For the three months ended March 31, 2017 and 2016 there were no transfers between Level 1 and Level 2 or between Level 2 and Level 3. The following table provides a description of the valuation technique, unobservable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a recurring basis at March 31, 2017 and December 31, 2016: March 31, 2017 Financial Instrument Valuation Technique Unobservable Input(s) Range (Weighted Average) Mortgage Servicing Rights Discounted cash flow Prepayment speed assumption 104-381% (149%) Discount rate 13-15% (13%) Non-agency mortgage-backed securities Discounted cash flow Discount rate 7-9% (8%) December 31, 2016 Financial Instrument Valuation Technique Unobservable Input(s) Range (Weighted Average) Mortgage Servicing Rights Discounted cash flow Prepayment speed assumption 104-396% (152%) Discount rate 13%-15% (13%) Non-agency mortgage-backed securities Discounted cash flow Discount rate 7%-9% (8%) Generally, any significant increases in the constant prepayment rate and discount rate utilized in the fair value measurement of the mortgage servicing rights will result in a negative fair value adjustment (and decrease in the fair value measurement). Conversely, a decrease in the constant prepayment rate and discount rate will result in a positive fair value adjustment (and increase in the fair value measurement). An increase in the weighted average life assumptions will result in a decrease in the constant prepayment rate and conversely, a decrease in the weighted average life will result in an increase of the constant prepayment rate. The following table provides a reconciliation of assets and liabilities (excluding mortgage servicing rights) measured at fair value using significant unobservable inputs (Level 3) on a recurring basis during the three months ended March 31, 2017 and 2016 (in thousands): Three Months Ended March 31, 2017 2016 Beginning balance, at fair value $ 347 $ 428 OTTI impairment losses - - Sales and principal payments (24 ) (15 ) Change in unrealized loss (1 ) 2 Ending balance, at fair value $ 322 $ 415 Mortgage servicing rights are measured at fair value using significant unobservable input (Level 3) on a recurring basis and a reconciliation of this asset can be found in Note 6 – Mortgage Servicing Rights. The following tables present the balance of assets measured at fair value on a nonrecurring basis at the dates indicated (in thousands): Fair Value at March 31, 2017 Total Level 1 Level 2 Level 3 OREO and repossessed assets $ 952 $ - $ - $ 952 Impaired loans 10,423 - - 10,423 Fair Value at December 31, 2016 Total Level 1 Level 2 Level 3 OREO and repossessed assets $ 1,172 $ - $ - $ 1,172 Impaired loans 8,236 - - 8,236 There were no liabilities carried at fair value, measured on a recurring or nonrecurring basis, at March 31, 2017 or December 31, 2016. The following table provides a description of the valuation technique, observable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a nonrecurring basis at March 31, 2017 and December 31, 2016: March 31, 2017 Financial Instrument Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) OREO Market approach Adjustment for differences between comparable sales 0-0% (0%) Impaired loans Market approach Adjustment for differences between comparable sales 0-100% (7%) December 31, 2016 Financial Instrument Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) OREO Market approach Adjusted for difference between comparable sales 0-0% (0%) Impaired loans Market approach Adjusted for difference between comparable sales 0-100% (10.5%) A description of the valuation methodologies used for impaired loans and OREO is as follows: Impaired Loans OREO and Repossessed Assets The following methods and assumptions were used to estimate the fair value of other financial instruments: Cash and Cash Equivalents, Accrued Interest Receivable and Payable AFS Securities Loans Held for Sale Loans Mortgage Servicing Rights FHLB Stock Deposits Borrowings Off-Balance-Sheet Financial Instruments We assume interest rate risk (the risk that general interest rate levels will change) as a result of our normal operations. As a result, the fair values of our financial instruments will change when interest rate levels change, which may be favorable or unfavorable to us. Management attempts to match maturities of assets and liabilities to the extent necessary or possible to minimize interest rate risk. However, borrowers with fixed-rate obligations are less likely to prepay in a rising rate environment and more likely to prepay in a falling rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by establishing early withdrawal penalties for certificates of deposit, creating interest rate floors for certain variable rate loans, adjusting terms of new loans and deposits, by borrowing at fixed rates for fixed terms and investing in securities with terms that mitigate our overall interest rate risk.

Mortgage Servicing Rights

Mortgage Servicing Rights	3 Months Ended
	Mar. 31, 2017
Mortgage Servicing Rights [Abstract]
Mortgage Servicing Rights	Note 6 – Mortgage Servicing Rights The unpaid principal balances of loans serviced for the Federal National Mortgage Association at March 31, 2017 and December 31, 2016, totaled approximately $402.6 million and $410.1 million, respectively, and are not included in the Company’s financial statements. We also service loans for other financial institutions for which a servicing fee is received. The unpaid principal balances of loans serviced for other financial institutions at March 31, 2017 and December 31, 2016, totaled approximately $16.1 million and $13.8 million, respectively, and are not included in the Company’s financial statements. A summary of the change in the balance of mortgage servicing rights during the three months ended March 31, 2017 and 2016 were as follows (in thousands): Three Months Ended March 31, 2017 2016 Beginning balance, at fair value $ 3,561 $ 3,249 Servicing rights that result from transfers and purchases of financial assets 17 108 Changes in fair value: Due to changes in model inputs or assumptions (1) (20 ) (114 ) Other (2) - (148 ) Ending balance, at fair value $ 3,558 $ 3,095 (1) Represents changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates. (2) Represents changes due to collection or realization of expected cash flows over time. The key economic assumptions used in determining the fair value of mortgage servicing rights at the dates indicated are as follows: March 31, 2017 December 31, 2016 Prepayment speed (Public Securities Association “PSA” model) 149 % 152 % Weighted-average life (years) 7.2 7.2 Yield to maturity discount rate 13 % 13 % The amount of contractually specified servicing, late and ancillary fees earned and recorded in mortgage servicing income on the Condensed Consolidated Statements of Income was $253,000 and $204,000 for the three months ended March 31, 2017 and 2016, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 7 – Commitments and Contingencies In the normal course of operations, the Company engages in a variety of financial transactions that are not recorded in our financial statements. These transactions involve varying degrees of off-balance sheet credit, interest rate and liquidity risks. These transactions are used primarily to manage customers’ requests for funding and take the form of loan commitments and lines of credit. At various times, the Company may be the defendant in various legal proceedings arising in connection with its business. It is the opinion of management that the financial position and the results of operations of the Company will not be materially adversely affected by the outcome of these legal proceedings and that adequate provision has been made in the accompanying consolidated financial statements.

Borrowings and FHLB Stock

Borrowings and FHLB Stock	3 Months Ended
	Mar. 31, 2017
Borrowings and FHLB Stock [Abstract]
Borrowings and FHLB Stock	Note 8 – Borrowings and FHLB Stock The Company utilizes a loan agreement with the FHLB of Des Moines. The terms of the agreement call for a blanket pledge of a portion of the Company’s mortgage, commercial and multifamily portfolio based on the outstanding balance. At March 31, 2017 and December 31, 2016, the amount available to borrow under this credit facility was $205.7 million and $197.9 million, respectively. At March 31, 2017, the credit facility was collateralized as follows: one- to four- family mortgage loans with an advance equivalent of $107.0 million, commercial and multifamily mortgage loans with an advance equivalent of $100.5 million and home equity loans with an advance equivalent of $15.3 million. At December 31, 2016, the credit facility was collateralized as follows: one- to four- family mortgage loans with an advance equivalent of $107.2 million, commercial and multifamily mortgage loans with an advance equivalent of $94.4 million and home equity loans with an advance equivalent of $15.9 million. The Company had outstanding borrowings under this arrangement of $25.6 million and $54.8 million at March 31, 2017 and December 31, 2016, respectively. Additionally, the Company had outstanding letters of credit from the FHLB of Des Moines with a notional amount of $16.0 million at March 31, 2017 and $21.0 million at December 31, 2016 to secure public deposits. The net remaining amount available as of March 31, 2017 and December 31, 2016, was $164.1 million and $122.2 million, respectively. As a member of the FHLB system, the Company is required to maintain a minimum level of investment in FHLB stock based on specific percentages of its outstanding mortgages, total assets, or FHLB advances. At March 31, 2017 and December 31, 2016, the Company’s minimum required investment in FHLB stock was $1.7 million and $2.8 million, respectively. The Company participates in the Federal Reserve Bank Borrower-in-Custody program, which gives the Company access to the discount window. The terms of the program call for a pledge of specific assets. The Company had unused borrowing capacity of $41.8 million and $42.0 million and no outstanding borrowings under this program at March 31, 2017 and December 31, 2016, respectively. The Company has access to an unsecured line of credit from the Pacific Coast Banker’s Bank. The line has a one-year term maturing on June 30, 2017 and is renewable annually. As of March 31, 2017, the amount available under this line of credit was $2.0 million. There was no balance on this line of credit as of March 31, 2017 and December 31, 2016, respectively. The Company has access to a Fed Funds line of credit from Zions Bank under a Fed Funds Sweep and Line Agreement established September 26, 2013. The agreement allows access to a Fed Funds line of up to $9.0 million and requires the Company to maintain cash balances with Zions Bank of $250,000. The agreement has no maturity date. There was no balance on this line of credit as of March 31, 2017 and December 31, 2016, respectively. The Company has access to an unsecured line of credit from The Independent Bank (TIB). As of March 31, 2017, the amount available under this line of credit was $10.0 million. There was no balance

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Common Share [Abstract]
Earnings Per Common Share	Note 9 – Earnings Per Common Share Basic earnings per common share is computed by dividing net income (which has been adjusted for distributed and undistributed earnings to participating securities) by the weighted-average number of common shares outstanding for the period, reduced for average unallocated ESOP shares and average unvested restricted stock awards. Unvested share-based awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and shall be included in the computation of earnings per share pursuant to the two-class method described in ASC 260-10-45-60B. Diluted earnings per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock (such as stock awards and options) were exercised or converted to common stock, or resulted in the issuance of common stock that then shared in the Company’s earnings. Diluted earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding for the period increased for the dilutive effect of unexercised stock options and unvested restricted stock awards. The dilutive effect of the unexercised stock options and unvested restricted stock awards is calculated under the treasury stock method utilizing the average market value of the Company’s stock for the period. Earnings per share are summarized for the periods presented in the following table (in thousands, except per share data): Three Months Ended March 31, 2017 2016 Net income $ 1,414 $ 1,106 Weighted average number of shares outstanding, basic 2,500 2,478 Effect of potentially dilutive common shares (1) 98 94 Weighted average number of shares outstanding, diluted 2,597 2,572 Earnings per share, basic $ 0.57 $ 0.45 Earnings per share, diluted $ 0.54 $ 0.43 (1) Represents the effect of the assumed exercise of stock options and vesting of non-participating restricted shares, based on the treasury stock method. There were no shares considered anti-dilutive for the three months ended March 31, 2017 or 2016.

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Mar. 31, 2017
Stock-based Compensation [Abstract]
Stock-based Compensation	Note 10 – Stock-based Compensation Stock Options and Restricted Stock The Company currently has two existing Equity Incentive Plans, a 2008 Equity Inventive Plan (the”2008 Plan”) and a 2013 Equity Incentive Plan (the “2013 Plan”, and together with the 2008 Plan (the “Plans”)), both of which were approved by shareholders. The Plans permit the grant of restricted stock, restricted stock units, stock options, and stock appreciation rights. Under the 2008 Plan, 126,287 shares of common stock were approved for awards for stock options and stock appreciation rights and 50,514 shares of common stock were approved for awards for restricted stock and restricted stock units. Under the 2013 Plan, 141,750 shares of common stock were approved for awards for stock options and stock appreciation rights and 56,700 shares of common stock were approved for awards for restricted stock and restricted stock units. As of March 31, 2017, on an adjusted basis, awards for stock options totaling 265,801 shares and awards for restricted stock totaling 107,213 shares of Company common stock have been granted, net of any forfeitures, to participants in the Plans. During the three months ended March 31, 2017 and 2016, share-based compensation expense totaled $144,000 and $102,000, respectively. Stock Option Awards The stock option awards granted to date under the 2008 Plan vest in 20 percent annual increments commencing one year from the grant date in accordance with the requirements of the 2008 Plan. The stock option awards granted to date under the 2013 Plan vest in equal annual installments of either two or four years. All of the options granted under the Plans are exercisable for a period of 10 years from the date of grant, subject to vesting. The following is a summary of the Company’s stock option award activity during the three months ended March 31, 2017: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term In Years Aggregate Intrinsic Value Outstanding at the beginning of the year 170,057 $ 15.41 6.44 $ 2,141,018 Granted 32,010 28.34 Exercised (500 ) 22.31 Forfeited (600 ) 28.34 Expired - - Outstanding at March 31, 2017 200,967 17.42 6.77 $ 2,877,847 Exercisable 133,407 15.58 6.10 $ 2,155,857 Expected to vest, assuming a 0% forfeiture rate over the vesting term 67,560 21.05 8.07 $ 722,296 As of March 31, 2017, there was $459,000 of total unrecognized compensation cost related to non-vested stock options granted under the Plans. The cost is expected to be recognized over the remaining weighted-average vesting period of 2.05 The fair value of each option grant is estimated as of the grant date using the Black-Scholes option-pricing model. The fair value of options granted for the three months ended March 31, 2017 was determined using the following weighted-average assumptions as of the grant date. Annual dividend yield 1.28 % Expected volatility 22.99 % Risk-free interest rate 2.20 % Expected term 6.50 years Weighted-average grant date fair value per option granted $ 6.62 The fair value of options granted for the three months ended March 31, 2016 was determined using the following weighted-average assumptions as of the grant date. Annual dividend yield 1.03 % Expected volatility 25.48 % Risk-free interest rate 1.64 % Expected term 6.92 years Weighted-average grant date fair value per option granted $ 5.78 Restricted Stock Awards The fair value of the restricted stock awards is equal to the fair value of the Company’s stock at the date of grant. Compensation expense is recognized over the vesting period that the awards are based. The restricted stock awards granted to date under the 2008 Plan provide for vesting in 20% annual increments commencing one year from the grant date. The restricted stock awards granted to date under the 2013 Plan provide for immediate vesting of 33.33% of a recipient’s award with the balance of an individual’s award under the 2013 Plan vesting in two equal annual installments commencing one year from the grant date. The following is a summary of the Company’s non-vested restricted stock awards during the three months ended March 31, 2017: Non-vested Shares Shares Weighted-Average Grant-Date Fair Value Per Share Non-vested at January 1, 2017 26,138 $ 18.08 Granted 576 $ 28.34 Vested (14,950 ) $ 18.93 Forfeited - - Expired - - Non-vested at March 31, 2017 11,764 $ 19.05 Expected to vest assuming a 0% forfeiture rate over the vesting term 11,764 $ 19.05 As of March 31, 2017, there was $253,000 of unrecognized compensation cost related to non-vested restricted stock granted under the Plans. The cost is expected to be recognized over the weighted-average vesting period of 1.03 Employee Stock Ownership Plan In January 2008, the ESOP borrowed $1.2 million from the Company to purchase common stock of the Company. In August 2012, in conjunction with the Company’s conversion to a full stock company from the mutual holding company structure, the ESOP borrowed an additional $1.1 million from the Company to purchase common stock of the Company. Both loans are being repaid principally by the Bank through contributions to the ESOP over a period of ten years. The interest rate on the loans is fixed at 4.00% and 2.25%, per annum, respectively. As of March 31, 2017, the remaining balances of the ESOP loans were $136,000 and $590,000, respectively. Neither the loan balances nor the related interest expense are reflected on the condensed consolidated financial statements. At March 31, 2017, the ESOP was committed to release 21,443 shares of the Company’s common stock to participants and held 66,800 unallocated shares remaining to be released in future years. The fair value of the 183,469

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2017
Subsequent Event [Abstract]
Subsequent Event	Note 11 – Subsequent Event On April 25, 2017, the Company declared a quarterly cash dividend of $0.10 per common share, payable on May 26, 2017 to shareholders of record at the close of business May 12, 2017.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2017
Basis of Presentation [Abstract]
Basis of Presentation	The accompanying financial information is unaudited and has been prepared from the consolidated financial statements of Sound Financial Bancorp, Inc., and its wholly owned subsidiary, Sound Community Bank. References in this document to Sound Financial Bancorp refer to Sound Financial Bancorp, Inc. and references to the “Bank” refer to Sound Community Bank. References to “we,” “us,” and “our” or the “Company” refers to Sound Financial Bancorp and its wholly-owned subsidiary, Sound Community Bank, unless the context otherwise requires. These unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. Certain information and disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC. These unaudited financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the SEC on March 27, 2017 (“2016 Form 10-K”). The results for the interim periods are not necessarily indicative of results for a full year. For further information, refer to the consolidated financial statements and footnotes for the year ended December 31, 2016, included in the 2016 Form 10-K. Certain amounts in the prior quarters’ consolidated financial statements have been reclassified to conform to the current presentation. These classifications do not have an impact on previously reported consolidated net income, retained earnings, stockholders’ equity or earnings per share.

Accounting Pronouncements Rec22

Accounting Pronouncements Recently Issued or Adopted (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Pronouncements Recently Issued or Adopted [Abstract]
New Accounting Pronouncements	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which creates Topic 606 and supersedes Topic 605, Revenue Recognition. In August 2015, FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606), which postponed the effective date of 2014-09. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net, which amended the principal versus agent implementation guidance set for in ASU 2014-09. Among other things, ASU 2016-08 clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract with a customer. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. The ASU amends certain aspects of the guidance set forth in the FASB's new revenue standard related to identifying performance obligations and licensing implementation. 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. In general, the new ASU requires companies to use more judgment and make more estimates than under current guidance, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients, which provides clarifying guidance in certain narrow areas and adds some practical expedients, but does not change the core revenue recognition principle in Topic 606. This ASU is effective for interim and annual periods beginning after December 15, 2017; early adoption is not permitted. For financial reporting purposes, the ASU allows for either full retrospective adoption, meaning this ASU is applied to all of the periods presented, or modified retrospective adoption, meaning the ASU is applied only to the most current period presented in the financial statements with the cumulative effect of initially applying the ASU is recognized at the date of initial application. As a financial institution, the Company's largest component of revenue, interest income, is excluded from the scope of this ASU. Accordingly, the adoption of ASU No. 2016-12 is not expected to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10), Recognition and Measurement of Financial Assets and Financial Liabilities. The new guidance is intended to improve the recognition and measurement of financial instruments. This ASU requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. In addition, the ASU requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes and requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements. This ASU also eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. The ASU also requires a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. ASU No. 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted for certain provisions. The Company is currently evaluating the impact of this ASU on the Company's consolidated financial statements. In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842). ASU No. 2016-02 requires lessees to recognize, on the balance sheet, the assets and liabilities arising from operating leases. A lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term. A lessee should include payments to be made in an optional period only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. For a finance lease, interest payments should be recognized separately from amortization of the right-of-use asset in the statement of comprehensive income. For operating leases, the lease cost should be allocated over the lease term on a generally straight-line basis. The amendments in ASU 2016-02 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the amendments in the ASU is permitted. Although an estimate of the impact of the new leasing standard has not yet been determined, once adopted, we expect to report higher assets and liabilities as a result of including right-of-use assets and lease liabilities related to certain banking offices and certain equipment under noncancelable operating lease agreements, however, based on current leases the adoption is not expected to have a material impact on the Company’s consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments- Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU replaces the existing incurred loss impairment methodology that recognizes credit losses when a probable loss has been incurred with new methodology where loss estimates are based upon lifetime expected credit losses. The amendments in this ASU require a financial asset that is measured at amortized cost to be presented at the net amount expected to be collected. The income statement would then reflect the measurement of credit losses for newly recognized financial assets as well as changes to the expected credit losses that have taken place during the reporting period. The measurement of expected credit losses will be based on historical information, current conditions, and reasonable and supportable forecasts that impact the collectability of the reported amount. Available-for-sale securities will bifurcate the fair value mark and establish an allowance for credit losses through the income statement for the credit portion of that mark. The interest portion will continue to be recognized through accumulated other comprehensive income or loss. The change in allowance recognized as a result of adoption will occur through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the ASU is adopted. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 with early adoption permitted after December 15, 2018. The Company has begun the process to implement this new standard by working with a vendor that specializes in this area. While the Company has not quantified the impact of this ASU, it does expect changing from the current incurred loss model to an expected loss model will result in an earlier recognition of losses. The Company also expects that once adopted the allowance for loan losses will increase, however, until its evaluation is complete the magnitude of the increase will be unknown. In August 2016, FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. This ASU addresses the appropriate classification of eight specific cash flow issues on the cash flow statement. Debt prepayment costs should be classified as an outflow for financing activities. Settlement of zero-coupon debt instruments divides the interest portion as an outflow for operating activities and the principal portion as an outflow for financing activities. Contingent consideration payments made after a business combination should be classified as outflows for financing and operating activities. Proceeds from the settlement of bank-owned life insurance policies should be classified as inflows from investing activities. Other specific areas are identified in the ASU as to the appropriate classification of the cash inflows or outflows. The amendments in this ASU are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted and must be applied using a retrospective transition method to each period presented. The Company does not expect this ASU to have a material impact on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017-08, Receivables-Nonrefundable Fees and Other Costs (Subtopic 310-20). ASU 2017-08 is intended to amend the amortization period for certain purchased callable debt securities held at a premium. Under ASU 2017-08, the FASB is shortening the amortization period for the premium to the earliest call date. Under current GAAP, entities generally amortize the premium as an adjustment of yield over the contractual life of the instrument. ASU 2017-08 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. The Company is reviewing its securities portfolio to assess the impact the adoption of this ASU will have on the Company’s consolidated financial statements but does not expect this ASU to have a material impact.

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2017
Investments [Abstract]
Amortized Cost and Fair Value of AFS Securities and Corresponding Amounts of Gross Unrealized Gains And Losses	The amortized cost and fair value of our available-for-sale (“AFS”) securities and the corresponding amounts of gross unrealized gains and losses at the dates indicated were as follows (in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value March 31, 2017 Municipal bonds $ 3,255 $ 139 $ (20 ) $ 3,374 Agency mortgage-backed securities 2,612 52 (1 ) 2,663 Non-agency mortgage-backed securities 338 - (16 ) 322 Total $ 6,205 $ 191 $ (37 ) $ 6,359 December 31, 2016 Municipal bonds $ 3,262 $ 127 $ (36 ) $ 3,353 Agency mortgage-backed securities 2,858 49 (3 ) 2,904 Non-agency mortgage-backed securities 362 - (15 ) 347 Total $ 6,482 $ 176 $ (54 ) $ 6,604
Amortized Cost and Fair Value of Investments Available-for-Sale by Contractual Maturity	Expected maturities of AFS securities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments are shown separately. March 31, 2017 Amortized Cost Fair Value Due in less than one year $ - $ - Due in one to five years 1,344 1,323 Due after five to ten years 414 437 Due after ten years 1,497 1,614 Mortgage-backed securities 2,950 2,985 Total $ 6,205 $ 6,359
Aggregate Fair Value and Gross Unrealized Loss in Continuous Unrealized Loss Position	The following table summarizes the aggregate fair value and gross unrealized loss by length of time those investments have been in a continuous unrealized loss position at March 31, 2017 (in thousands): March 31, 2017 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $ 1,323 $ (20 ) $ - $ - $ 1,323 $ (20 ) Agency mortgage-backed securities 1,056 (1 ) - - 1,056 (1 ) Non-agency mortgage-backed securities - - 322 (16 ) 322 (16 ) Total $ 2,379 $ (21 ) $ 322 $ (16 ) $ 2,701 $ (37 ) The following table summarizes the aggregate fair value and gross unrealized loss by length of time those investments have been in a continuous unrealized loss position at December 31, 2016 (in thousands): December 31, 2016 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $ 1,313 $ (36 ) $ - $ - $ 1,313 $ (36 ) Agency mortgage-backed securities - - 1,125 (3 ) 1,125 (3 ) Non-agency mortgage-backed securities - - 347 (15 ) 347 (15 ) Total $ 1,313 $ (36 ) $ 1,472 $ (18 ) $ 2,785 $ (54 )

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2017
Loans [Abstract]
Composition of Loan Portfolio, Excluding Loans Held for Sale	The composition of the loan portfolio at the dates indicated, excluding loans held for sale, was as follows (in thousands): March 31, 2017 December 31, 2016 Real estate loans: One- to four- family $ 144,948 $ 152,386 Home equity 27,533 27,771 Commercial and multifamily 184,936 181,004 Construction and land 64,151 70,915 Total real estate loans 421,568 432,076 Consumer loans: Manufactured homes 16,038 15,494 Floating homes 23,746 23,996 Other consumer 4,244 3,932 Total consumer loans 44,028 43,422 Commercial business loans 25,307 26,331 Total loans 490,903 501,829 Deferred fees (1,613 ) (1,828 ) Total loans, gross 489,290 500,001 Allowance for loan losses (4,838 ) (4,822 ) Total loans, net $ 484,452 $ 495,179
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method	The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2017 (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Un- allocated Total Allowance for loan losses: Individually evaluated for impairment $ 722 $ 92 $ 24 $ 22 $ 40 $ - $ 60 $ 7 $ - $ 967 Collectively evaluated for impairment 813 156 1,089 391 108 137 38 147 992 3,871 Ending balance $ 1,535 $ 248 $ 1,113 $ 413 $ 148 $ 137 $ 98 $ 154 $ 992 $ 4,838 Loans receivable: Individually evaluated for impairment $ 6,408 $ 1,092 $ 2,112 $ 81 $ 272 $ - $ 62 $ 396 $ - $ 10,423 Collectively evaluated for impairment 138,540 26,441 182,824 64,070 15,766 23,746 4,182 24,911 - 480,480 Ending balance $ 144,948 $ 27,533 $ 184,936 $ 64,151 $ 16,038 $ 23,746 $ 4,244 $ 25,307 $ - $ 490,903 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2016 (in thousands): One-to- four family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Unallocated Total Allowance for loan losses: Individually evaluated for impairment $ 536 $ 121 $ 24 $ 35 $ 59 $ - $ 65 $ 23 $ - $ 863 Collectively evaluated for impairment 1,006 257 1,120 424 109 132 47 152 712 3,959 Ending balance $ 1,542 $ 378 $ 1,144 $ 459 $ 168 $ 132 $ 112 $ 175 $ 712 $ 4,822 Loans receivable: Individually evaluated for impairment $ 4,749 $ 832 $ 1,582 $ 83 $ 312 $ - $ 62 $ 616 $ - $ 8,236 Collectively evaluated for impairment 147,637 26,939 179,422 70,832 15,182 23,996 3,870 25,715 - 493,593 Ending balance $ 152,386 $ 27,771 $ 181,004 $ 70,915 $ 15,494 $ 23,996 $ 3,932 $ 26,331 $ - $ 501,829
Activity in Allowance for Loan Losses	The following table summarizes the activity in allowance for loan losses during the three months ended March 31, 2017 (in thousands): Beginning Allowance Charge-offs Recoveries Provision Ending Allowance One-to four- family $ 1,542 $ - $ - $ (7 ) $ 1,535 Home equity 378 - 27 (157 ) 248 Commercial and multifamily 1,144 (24 ) 1 (8 ) 1,113 Construction and land 459 - - (46 ) 413 Manufactured homes 168 - 2 (22 ) 148 Floating homes 132 - - 5 137 Other consumer 112 (5 ) 15 (24 ) 98 Commercial business 175 - - (21 ) 154 Unallocated 712 - - 280 992 Total $ 4,822 $ (29 ) $ 45 $ - $ 4,838 The following table summarizes the activity in the allowance for loan losses during the three months ended March 31, 2016 (in thousands): Beginning Allowance Charge-offs Recoveries Provision Ending Allowance One-to four- family $ 1,839 $ (65 ) $ - $ (41 ) $ 1,733 Home equity 607 - 2 (12 ) 597 Commercial and multifamily 921 - - 346 1,267 Construction and land 382 - - 81 463 Manufactured homes 301 - 2 (101 ) 202 Floating homes 111 - - 21 132 Other consumer 77 (18 ) 2 40 101 Commercial business 157 - - 7 164 Unallocated 241 - - (191 ) 50 Total $ 4,636 $ (83 ) $ 6 $ 150 $ 4,709
Credit Quality Indicators	The following table represents the internally assigned grades as of March 31, 2017 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Total Grade: Pass $ 139,558 $ 26,320 $ 172,440 $ 57,868 $ 15,828 $ 23,746 $ 4,135 $ 24,689 $ 464,584 Watch 950 363 10,743 6,283 102 - 47 315 18,803 Special Mention 139 - 364 - 29 - 2 158 692 Substandard 4,301 850 1,389 - 79 - 60 145 6,824 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 144,948 $ 27,533 $ 184,936 $ 64,151 $ 16,038 $ 23,746 $ 4,244 $ 25,307 $ 490,903 The following table represents the internally assigned grades as of December 31, 2016 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating homes Other consumer Commercial business Total Grade: Pass $ 148,617 $ 26,547 $ 171,678 $ 67,539 $ 15,288 $ 23,996 $ 3,821 $ 25,625 $ 483,111 Watch 998 536 8,105 3,376 78 - 49 326 13,468 Special Mention 139 - - - 30 - - - 169 Substandard 2,632 688 1,221 - 98 - 62 380 5,081 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 152,386 $ 27,771 $ 181,004 $ 70,915 $ 15,494 $ 23,996 $ 3,932 $ 26,331 $ 501,829
Nonaccrual Loans	The following table presents the recorded investment in nonaccrual loans as of March 31, 2017 and December 31, 2016, by type of loan (in thousands): March 31, 2017 December 31, 2016 One- to four- family $ 733 $ 2,169 Home equity 782 536 Commercial and multifamily 215 218 Manufactured homes 47 72 Commercial business 145 149 Total $ 1,922 $ 3,144
Aging of Recorded Investment in Past Due Loans	The following table represents the aging of the recorded investment in past due loans as of March 31, 2017 by type of loan (in thousands): 30-59 Days Past Due 60-89 Days Past Due 90 Days and Greater Past Due 90 Days and Greater Past Due and Still Accruing Total Past Due Current Total Loans One-to four- family $ 1,079 $ 63 $ 530 $ - $ 1,672 $ 143,276 $ 144,948 Home equity 307 90 594 - 991 26,542 27,533 Commercial and multifamily - - - - - 184,936 184,936 Construction and land 27 - - - 27 64,124 64,151 Manufactured homes 407 37 46 - 490 15,548 16,038 Floating homes - - - - - 23,746 23,746 Other consumer 7 1 - - 8 4,236 4,244 Commercial business 145 - - - 145 25,162 25,307 Total $ 1,972 $ 191 $ 1,170 $ - $ 3,333 $ 487,570 $ 490,903 The following table represents the aging of the recorded investment in past due loans as of December 31, 2016 by type of loan (in thousands): 30-59 Days Past Due 60-89 Days Past Due 90 Days and Greater Past Due 90 Days and Greater Past Due and Still Accruing Total Past Due Current Total Loans One-to four- family $ 2,476 $ 161 $ 1,787 $ - $ 4,424 $ 147,962 $ 152,386 Home equity 460 - 494 - 954 26,817 27,771 Commercial and multifamily - - - - - 181,004 181,004 Construction and land 440 - - - 440 70,475 70,915 Manufactured homes 321 28 62 - 411 15,083 15,494 Floating homes - - - - - 23,996 23,996 Other consumer 26 1 - - 27 3,905 3,932 Commercial business 149 - - - 149 26,182 26,331 Total $ 3,872 $ 190 $ 2,343 $ - $ 6,405 $ 495,424 $ 501,829
Credit Risk Profile of Loan Portfolio Based on Payment Activity by Type of Loan	The following table represents the credit risk profile of our loan portfolio based on payment activity as of March 31, 2017 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating Homes Other consumer Commercial business Total Performing $ 142,892 $ 26,734 $ 184,721 $ 64,151 $ 15,968 $ 23,746 $ 4,244 $ 25,069 $ 487,525 Nonperforming 2,056 799 215 - 70 - - 238 3,378 Total $ 144,948 $ 27,533 $ 184,936 $ 64,151 $ 16,038 $ 23,746 $ 4,244 $ 25,307 $ 490,903 The following table represents the credit risk profile of our loan portfolio based on payment activity as of December 31, 2016 by type of loan (in thousands): One- to four- family Home equity Commercial and multifamily Construction and land Manufactured homes Floating Homes Other consumer Commercial business Total Performing $ 150,170 $ 27,218 $ 180,786 $ 70,915 $ 15,374 $ 23,996 $ 3,932 $ 26,089 $ 498,480 Nonperforming 2,216 553 218 - 120 - - 242 3,349 Total $ 152,386 $ 27,771 $ 181,004 $ 70,915 $ 15,494 $ 23,996 $ 3,932 $ 26,331 $ 501,829
Schedule of Impaired Loans, Individually Evaluated	The following table presents loans individually evaluated for impairment at March 31, 2017 by type of loan (in thousands): March 31, 2017 Recorded Investment Unpaid Principal Balance Without Allowance With Allowance Related Allowance One- to four- family $ 6,512 $ 2,801 $ 3,607 $ 722 Home equity 1,092 659 433 92 Commercial and multifamily 2,117 1,753 359 24 Construction and land 81 - 81 22 Manufactured homes 273 71 201 40 Floating homes - - - - Other consumer 62 2 60 60 Commercial business 396 303 93 7 Total $ 10,533 $ 5,589 $ 4,834 $ 967 The following table presents loans individually evaluated for impairment at December 31, 2016 by type of loan (in thousands): December 31, 2016 Recorded Investment Unpaid Principal Balance Without Allowance With Allowance Related Allowance One- to four- family $ 5,010 $ 2,454 $ 2,295 $ 536 Home equity 913 446 386 121 Commercial and multifamily 1,582 1,221 361 24 Construction and land 83 - 83 35 Manufactured homes 326 91 221 59 Floating homes - - - - Other consumer 62 - 62 65 Commercial business 616 143 473 23 Total $ 8,592 $ 4,355 $ 3,881 $ 863 The following table presents loans individually evaluated for impairment as of March 31, 2017 and 2016 by type of loan (in thousands): March 31, 2017 March 31, 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized One- to four- family $ 4,959 $ 84 $ 5,623 $ 68 Home equity 965 10 921 12 Commercial and multifamily 1,852 27 3,439 67 Construction and land 82 1 90 1 Manufactured homes 302 5 371 7 Floating homes - - - - Other consumer 63 1 16 1 Commercial business 505 5 307 7 Total $ 8,728 $ 133 $ 10,767 $ 163

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Measurements [Abstract]
Information about Level in Fair Value Hierarchy for Financial Instruments	The following tables present information about the level in the fair value hierarchy for the Company’s financial assets and liabilities, whether or not recognized or recorded at fair value as of March 31, 2017 and December 31, 2016 (in thousands): March 31, 2017 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 FINANCIAL ASSETS: Cash and cash equivalents $ 52,807 $ 52,807 $ 52,807 $ - $ - Available-for-sale securities 6,359 6,359 - 6,037 322 Loans held for sale 1,970 1,970 - 1,970 - Loans receivable, net 484,452 483,245 - - 483,245 Accrued interest receivable 1,754 1,754 1,754 - Mortgage servicing rights 3,558 3,558 - - 3,558 FHLB stock 1,731 1,731 - - 1,731 FINANCIAL LIABILITIES: Non-maturity deposits 328,115 328,115 - 328,115 - Time deposits 152,707 150,573 - 150,573 - Borrowings 25,631 25,635 - 25,635 - Accrued interest payable 87 87 - 87 - December 31, 2016 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 FINANCIAL ASSETS: Cash and cash equivalents $ 54,582 $ 54,582 $ 54,582 $ - $ - Available-for-sale securities 6,604 6,604 - 6,257 347 Loans held for sale 871 871 - 871 - Loans receivable, net 495,179 494,289 - - 494,289 Accrued interest receivable 1,816 1,816 1,816 - - Mortgage servicing rights 3,561 3,561 - - 3,561 FHLB Stock 2,840 2,840 - - 2,840 FINANCIAL LIABILITIES: Non-maturity deposits 307,989 307,989 - 307,989 - Time deposits 159,742 159,333 - 159,333 - Borrowings 54,792 54,805 - 54,805 - Accrued interest payable 73 73 - 73 -
Fair Value of Assets Measured on Recurring Basis	The following tables present the balance of assets measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016 (in thousands): Fair Value at March 31, 2017 Description Total Level 1 Level 2 Level 3 Municipal bonds $ 3,374 $ - $ 3,374 $ - Agency mortgage-backed securities 2,663 - 2,663 - Non-agency mortgage-backed securities 322 - - 322 Mortgage servicing rights 3,558 - - 3,558 Fair Value at December 31, 2016 Description Total Level 1 Level 2 Level 3 Municipal bonds $ 3,353 $ - $ 3,353 $ - Agency mortgage-backed securities 2,904 - 2,904 - Non-agency mortgage-backed securities 347 - - 347 Mortgage servicing rights 3,561 - - 3,561
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Reconciliation of Assets and Liabilities Measured at Fair Value Using Significant Unobservable Inputs (Level 3)	The following table provides a reconciliation of assets and liabilities (excluding mortgage servicing rights) measured at fair value using significant unobservable inputs (Level 3) on a recurring basis during the three months ended March 31, 2017 and 2016 (in thousands): Three Months Ended March 31, 2017 2016 Beginning balance, at fair value $ 347 $ 428 OTTI impairment losses - - Sales and principal payments (24 ) (15 ) Change in unrealized loss (1 ) 2 Ending balance, at fair value $ 322 $ 415
Fair Value of Assets Measured on Nonrecurring Basis	The following tables present the balance of assets measured at fair value on a nonrecurring basis at the dates indicated (in thousands): Fair Value at March 31, 2017 Total Level 1 Level 2 Level 3 OREO and repossessed assets $ 952 $ - $ - $ 952 Impaired loans 10,423 - - 10,423 Fair Value at December 31, 2016 Total Level 1 Level 2 Level 3 OREO and repossessed assets $ 1,172 $ - $ - $ 1,172 Impaired loans 8,236 - - 8,236
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value of Assets, Quantitative Information	The following table provides a description of the valuation technique, unobservable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a recurring basis at March 31, 2017 and December 31, 2016: March 31, 2017 Financial Instrument Valuation Technique Unobservable Input(s) Range (Weighted Average) Mortgage Servicing Rights Discounted cash flow Prepayment speed assumption 104-381% (149%) Discount rate 13-15% (13%) Non-agency mortgage-backed securities Discounted cash flow Discount rate 7-9% (8%) December 31, 2016 Financial Instrument Valuation Technique Unobservable Input(s) Range (Weighted Average) Mortgage Servicing Rights Discounted cash flow Prepayment speed assumption 104-396% (152%) Discount rate 13%-15% (13%) Non-agency mortgage-backed securities Discounted cash flow Discount rate 7%-9% (8%)
Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value of Assets, Quantitative Information	The following table provides a description of the valuation technique, observable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a nonrecurring basis at March 31, 2017 and December 31, 2016: March 31, 2017 Financial Instrument Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) OREO Market approach Adjustment for differences between comparable sales 0-0% (0%) Impaired loans Market approach Adjustment for differences between comparable sales 0-100% (7%) December 31, 2016 Financial Instrument Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) OREO Market approach Adjusted for difference between comparable sales 0-0% (0%) Impaired loans Market approach Adjusted for difference between comparable sales 0-100% (10.5%)

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	3 Months Ended
	Mar. 31, 2017
Mortgage Servicing Rights [Abstract]
Mortgage Service Rights	A summary of the change in the balance of mortgage servicing rights during the three months ended March 31, 2017 and 2016 were as follows (in thousands): Three Months Ended March 31, 2017 2016 Beginning balance, at fair value $ 3,561 $ 3,249 Servicing rights that result from transfers and purchases of financial assets 17 108 Changes in fair value: Due to changes in model inputs or assumptions (1) (20 ) (114 ) Other (2) - (148 ) Ending balance, at fair value $ 3,558 $ 3,095 (1) Represents changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates. (2) Represents changes due to collection or realization of expected cash flows over time.
Mortgage Service Rights Assumptions	The key economic assumptions used in determining the fair value of mortgage servicing rights at the dates indicated are as follows: March 31, 2017 December 31, 2016 Prepayment speed (Public Securities Association “PSA” model) 149 % 152 % Weighted-average life (years) 7.2 7.2 Yield to maturity discount rate 13 % 13 %

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Common Share [Abstract]
Earnings per Common Share	Earnings per share are summarized for the periods presented in the following table (in thousands, except per share data): Three Months Ended March 31, 2017 2016 Net income $ 1,414 $ 1,106 Weighted average number of shares outstanding, basic 2,500 2,478 Effect of potentially dilutive common shares (1) 98 94 Weighted average number of shares outstanding, diluted 2,597 2,572 Earnings per share, basic $ 0.57 $ 0.45 Earnings per share, diluted $ 0.54 $ 0.43 (1) Represents the effect of the assumed exercise of stock options and vesting of non-participating restricted shares, based on the treasury stock method.

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Stock-based Compensation [Abstract]
Summary of Stock Option Plan Award Activity	The following is a summary of the Company’s stock option award activity during the three months ended March 31, 2017: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term In Years Aggregate Intrinsic Value Outstanding at the beginning of the year 170,057 $ 15.41 6.44 $ 2,141,018 Granted 32,010 28.34 Exercised (500 ) 22.31 Forfeited (600 ) 28.34 Expired - - Outstanding at March 31, 2017 200,967 17.42 6.77 $ 2,877,847 Exercisable 133,407 15.58 6.10 $ 2,155,857 Expected to vest, assuming a 0% forfeiture rate over the vesting term 67,560 21.05 8.07 $ 722,296
Weighted-average Assumptions Used in Determining Fair Value of Options Granted	The fair value of each option grant is estimated as of the grant date using the Black-Scholes option-pricing model. The fair value of options granted for the three months ended March 31, 2017 was determined using the following weighted-average assumptions as of the grant date. Annual dividend yield 1.28 % Expected volatility 22.99 % Risk-free interest rate 2.20 % Expected term 6.50 years Weighted-average grant date fair value per option granted $ 6.62 The fair value of options granted for the three months ended March 31, 2016 was determined using the following weighted-average assumptions as of the grant date. Annual dividend yield 1.03 % Expected volatility 25.48 % Risk-free interest rate 1.64 % Expected term 6.92 years Weighted-average grant date fair value per option granted $ 5.78
Summary of Outstanding Restricted Stock Awards	The following is a summary of the Company’s non-vested restricted stock awards during the three months ended March 31, 2017: Non-vested Shares Shares Weighted-Average Grant-Date Fair Value Per Share Non-vested at January 1, 2017 26,138 $ 18.08 Granted 576 $ 28.34 Vested (14,950 ) $ 18.93 Forfeited - - Expired - - Non-vested at March 31, 2017 11,764 $ 19.05 Expected to vest assuming a 0% forfeiture rate over the vesting term 11,764 $ 19.05

Investments (Details)

Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	$ 6,205	$ 6,482
Gross unrealized gains	191	176
Gross unrealized losses	(37)	(54)
Estimated fair value	6,359	6,604
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	3,255	3,262
Gross unrealized gains	139	127
Gross unrealized losses	(20)	(36)
Estimated fair value	3,374	3,353
Agency Mortgage-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	2,612	2,858
Gross unrealized gains	52	49
Gross unrealized losses	(1)	(3)
Estimated fair value	2,663	2,904
Non-agency Mortgage-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	338	362
Gross unrealized gains	0	0
Gross unrealized losses	(16)	(15)
Estimated fair value	$ 322	$ 347

Investments, Mortgage-backed Se

Investments, Mortgage-backed Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Available-for-sale Securities by Contractual Maturity, Amortized Cost [Abstract]
Due in less than one year	$ 0
Due in one to five years	1,344
Due after five to ten years	414
Due after ten years	1,497
Mortgage-backed securities	2,950
Total	6,205
Available-for-sale Securities by Contractual Maturity, Fair Value [Abstract]
Due in less than one year	0
Due in one to five years	1,323
Due after five to ten years	437
Due after ten years	1,614
Mortgage-backed securities	2,985
Total	6,359
Pledged securities	0		$ 0
Sales of available for sale securities	$ 0	$ 0

Investments, Securities in Cont

Investments, Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	Mar. 31, 2017USD ($)Security	Dec. 31, 2016USD ($)Security	Mar. 31, 2016USD ($)
Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	$ 2,379	$ 1,313
12 months or longer	322	1,472
Total	2,701	2,785
Continuous Unrealized Loss Position, Unrealized Loss [Abstract]
Less than 12 months	(21)	(36)
12 months or longer	(16)	(18)
Total	(37)	(54)
Municipal Bonds [Member]
Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	1,323	1,313
12 months or longer	0	0
Total	1,323	1,313
Continuous Unrealized Loss Position, Unrealized Loss [Abstract]
Less than 12 months	(20)	(36)
12 months or longer	0	0
Total	$ (20)	$ (36)
Number of securities in unrealized loss position for less than 12 months | Security	3	3
Agency Mortgage-backed Securities [Member]
Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	$ 1,056	$ 0
12 months or longer	0	1,125
Total	1,056	1,125
Continuous Unrealized Loss Position, Unrealized Loss [Abstract]
Less than 12 months	(1)	0
12 months or longer	0	(3)
Total	$ (1)	$ (3)
Number of securities in unrealized loss position for less than 12 months | Security	1
Number of securities in unrealized loss position for over 12 months | Security		1
Non-agency Mortgage-backed Securities [Member]
Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	$ 0	$ 0
12 months or longer	322	347
Total	322	347
Continuous Unrealized Loss Position, Unrealized Loss [Abstract]
Less than 12 months	0	0
12 months or longer	(16)	(15)
Total	(16)	$ (15)
Credit losses recognized in earnings	$ 0		$ 0
Number of securities in unrealized loss position for over 12 months | Security	1	1

Loans, Composition of Loan Port

Loans, Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Composition of Loan Portfolio [Abstract]
Total loans	$ 490,903	$ 501,829
Deferred fees	(1,613)	(1,828)
Total loans, gross	489,290	500,001
Allowance for loan losses	(4,838)	(4,822)	$ (4,709)	$ (4,636)
Total loans, net	484,452	495,179
One-to Four- Family [Member]
Composition of Loan Portfolio [Abstract]
Total loans	144,948	152,386
Allowance for loan losses	(1,535)	(1,542)	(1,733)	(1,839)
Home Equity [Member]
Composition of Loan Portfolio [Abstract]
Total loans	27,533	27,771
Allowance for loan losses	(248)	(378)	(597)	(607)
Commercial and Multifamily [Member]
Composition of Loan Portfolio [Abstract]
Total loans	184,936	181,004
Allowance for loan losses	(1,113)	(1,144)	(1,267)	(921)
Construction and Land [Member]
Composition of Loan Portfolio [Abstract]
Total loans	64,151	70,915
Allowance for loan losses	(413)	(459)	(463)	(382)
Manufactured Homes [Member]
Composition of Loan Portfolio [Abstract]
Total loans	16,038	15,494
Allowance for loan losses	(148)	(168)	(202)	(301)
Floating Homes [Member]
Composition of Loan Portfolio [Abstract]
Total loans	23,746	23,996
Allowance for loan losses	(137)	(132)	(132)	(111)
Other Consumer [Member]
Composition of Loan Portfolio [Abstract]
Total loans	4,244	3,932
Allowance for loan losses	(98)	(112)	(101)	(77)
Real Estate Loans [Member]
Composition of Loan Portfolio [Abstract]
Total loans	421,568	432,076
Real Estate Loans [Member] | One-to Four- Family [Member]
Composition of Loan Portfolio [Abstract]
Total loans	144,948	152,386
Real Estate Loans [Member] | Home Equity [Member]
Composition of Loan Portfolio [Abstract]
Total loans	27,533	27,771
Real Estate Loans [Member] | Commercial and Multifamily [Member]
Composition of Loan Portfolio [Abstract]
Total loans	184,936	181,004
Real Estate Loans [Member] | Construction and Land [Member]
Composition of Loan Portfolio [Abstract]
Total loans	64,151	70,915
Consumer Loans [Member]
Composition of Loan Portfolio [Abstract]
Total loans	44,028	43,422
Consumer Loans [Member] | Manufactured Homes [Member]
Composition of Loan Portfolio [Abstract]
Total loans	16,038	15,494
Consumer Loans [Member] | Floating Homes [Member]
Composition of Loan Portfolio [Abstract]
Total loans	23,746	23,996
Consumer Loans [Member] | Other Consumer [Member]
Composition of Loan Portfolio [Abstract]
Total loans	4,244	3,932
Commercial Business Loans [Member]
Composition of Loan Portfolio [Abstract]
Total loans	25,307	26,331
Allowance for loan losses	$ (154)	$ (175)	$ (164)	$ (157)

Loans, Allowance for Loan Losse

Loans, Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Allowance for loan losses [Abstract]
Individually evaluated for impairment	$ 967	$ 863
Collectively evaluated for impairment	3,871	3,959
Ending balance	4,838	4,822	$ 4,709	$ 4,636
Loans receivable [Abstract]
Individually evaluated for impairment	10,423	8,236
Collectively evaluated for impairment	480,480	493,593
Total loans	490,903	501,829
One-to Four- Family [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	722	536
Collectively evaluated for impairment	813	1,006
Ending balance	1,535	1,542	1,733	1,839
Loans receivable [Abstract]
Individually evaluated for impairment	6,408	4,749
Collectively evaluated for impairment	138,540	147,637
Total loans	144,948	152,386
Home Equity [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	92	121
Collectively evaluated for impairment	156	257
Ending balance	248	378	597	607
Loans receivable [Abstract]
Individually evaluated for impairment	1,092	832
Collectively evaluated for impairment	26,441	26,939
Total loans	27,533	27,771
Commercial and Multifamily [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	24	24
Collectively evaluated for impairment	1,089	1,120
Ending balance	1,113	1,144	1,267	921
Loans receivable [Abstract]
Individually evaluated for impairment	2,112	1,582
Collectively evaluated for impairment	182,824	179,422
Total loans	184,936	181,004
Construction and Land [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	22	35
Collectively evaluated for impairment	391	424
Ending balance	413	459	463	382
Loans receivable [Abstract]
Individually evaluated for impairment	81	83
Collectively evaluated for impairment	64,070	70,832
Total loans	64,151	70,915
Manufactured Homes [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	40	59
Collectively evaluated for impairment	108	109
Ending balance	148	168	202	301
Loans receivable [Abstract]
Individually evaluated for impairment	272	312
Collectively evaluated for impairment	15,766	15,182
Total loans	16,038	15,494
Floating Homes [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	137	132
Ending balance	137	132	132	111
Loans receivable [Abstract]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	23,746	23,996
Total loans	23,746	23,996
Other Consumer [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	60	65
Collectively evaluated for impairment	38	47
Ending balance	98	112	101	77
Loans receivable [Abstract]
Individually evaluated for impairment	62	62
Collectively evaluated for impairment	4,182	3,870
Total loans	4,244	3,932
Commercial Business [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	7	23
Collectively evaluated for impairment	147	152
Ending balance	154	175	164	157
Loans receivable [Abstract]
Individually evaluated for impairment	396	616
Collectively evaluated for impairment	24,911	25,715
Total loans	25,307	26,331
Unallocated [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	992	712
Ending balance	992	712	$ 50	$ 241
Loans receivable [Abstract]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Total loans	$ 0	$ 0

Loans, Activity in Allowance fo

Loans, Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	$ 4,822	$ 4,636
Charge-offs	(29)	(83)
Recoveries	45	6
Provision	0	150
Ending allowance	4,838	4,709
One-to Four- Family [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	1,542	1,839
Charge-offs	0	(65)
Recoveries	0	0
Provision	(7)	(41)
Ending allowance	1,535	1,733
Home Equity [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	378	607
Charge-offs	0	0
Recoveries	27	2
Provision	(157)	(12)
Ending allowance	248	597
Commercial and Multifamily [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	1,144	921
Charge-offs	(24)	0
Recoveries	1	0
Provision	(8)	346
Ending allowance	1,113	1,267
Construction and Land [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	459	382
Charge-offs	0	0
Recoveries	0	0
Provision	(46)	81
Ending allowance	413	463
Manufactured Homes [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	168	301
Charge-offs	0	0
Recoveries	2	2
Provision	(22)	(101)
Ending allowance	148	202
Floating Homes [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	132	111
Charge-offs	0	0
Recoveries	0	0
Provision	5	21
Ending allowance	137	132
Other Consumer [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	112	77
Charge-offs	(5)	(18)
Recoveries	15	2
Provision	(24)	40
Ending allowance	98	101
Commercial Business [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	175	157
Charge-offs	0	0
Recoveries	0	0
Provision	(21)	7
Ending allowance	154	164
Unallocated [Member]
Summary of activity in allowance for loan losses [Roll Forward]
Beginning allowance	712	241
Charge-offs	0	0
Recoveries	0	0
Provision	280	(191)
Ending allowance	$ 992	$ 50

Loans, Credit Quality (Details)

Loans, Credit Quality (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 490,903	$ 501,829
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	464,584	483,111
Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	18,803	13,468
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	692	169
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,824	5,081
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
One-to Four- Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	144,948	152,386
One-to Four- Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	139,558	148,617
One-to Four- Family [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	950	998
One-to Four- Family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	139	139
One-to Four- Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,301	2,632
One-to Four- Family [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
One-to Four- Family [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	27,533	27,771
Home Equity [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	26,320	26,547
Home Equity [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	363	536
Home Equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Home Equity [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	850	688
Home Equity [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Home Equity [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Commercial and Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	184,936	181,004
Commercial and Multifamily [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	172,440	171,678
Commercial and Multifamily [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	10,743	8,105
Commercial and Multifamily [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	364	0
Commercial and Multifamily [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,389	1,221
Commercial and Multifamily [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Commercial and Multifamily [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	64,151	70,915
Construction and Land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	57,868	67,539
Construction and Land [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,283	3,376
Construction and Land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Construction and Land [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Construction and Land [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Construction and Land [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Manufactured Homes [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	16,038	15,494
Manufactured Homes [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	15,828	15,288
Manufactured Homes [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	102	78
Manufactured Homes [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	29	30
Manufactured Homes [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	79	98
Manufactured Homes [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Manufactured Homes [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Floating Homes [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	23,746	23,996
Floating Homes [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	23,746	23,996
Floating Homes [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Floating Homes [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Floating Homes [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Floating Homes [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Floating Homes [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Other Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,244	3,932
Other Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,135	3,821
Other Consumer [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	47	49
Other Consumer [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2	0
Other Consumer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	60	62
Other Consumer [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Other Consumer [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Commercial Business [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	25,307	26,331
Commercial Business [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	24,689	25,625
Commercial Business [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	315	326
Commercial Business [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	158	0
Commercial Business [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	145	380
Commercial Business [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Commercial Business [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 0	$ 0

Loans, Nonaccrual and Past Due

Loans, Nonaccrual and Past Due Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 1,922	$ 3,144
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	3,333	6,405
Current	487,570	495,424
Total loans	$ 490,903	501,829
Maximum [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Period past due for loans to be automatically placed on nonaccrual	90 days
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 1,972	3,872
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	191	190
90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,170	2,343
One-to Four- Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	733	2,169
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	1,672	4,424
Current	143,276	147,962
Total loans	144,948	152,386
One-to Four- Family [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,079	2,476
One-to Four- Family [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	63	161
One-to Four- Family [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	530	1,787
Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	782	536
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	991	954
Current	26,542	26,817
Total loans	27,533	27,771
Home Equity [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	307	460
Home Equity [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	90	0
Home Equity [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	594	494
Commercial and Multifamily [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	215	218
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	0	0
Current	184,936	181,004
Total loans	184,936	181,004
Commercial and Multifamily [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial and Multifamily [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial and Multifamily [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	27	440
Current	64,124	70,475
Total loans	64,151	70,915
Construction and Land [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	27	440
Construction and Land [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Construction and Land [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Manufactured Homes [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	47	72
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	490	411
Current	15,548	15,083
Total loans	16,038	15,494
Manufactured Homes [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	407	321
Manufactured Homes [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	37	28
Manufactured Homes [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	46	62
Floating Homes [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	0	0
Current	23,746	23,996
Total loans	23,746	23,996
Floating Homes [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Floating Homes [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Floating Homes [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Other Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	8	27
Current	4,236	3,905
Total loans	4,244	3,932
Other Consumer [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	7	26
Other Consumer [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1	1
Other Consumer [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial Business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	145	149
90 Days and Greater Past Due and Still Accruing	0	0
Past Due	145	149
Current	25,162	26,182
Total loans	25,307	26,331
Commercial Business [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	145	149
Commercial Business [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial Business [Member] | 90 Days and Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 0	$ 0

Loans, Credit Risk Profile Base

Loans, Credit Risk Profile Based on Payment Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Credit Risk Profile by Type of Loan [Abstract]
Total loans	$ 490,903	$ 501,829
Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Period past due for loans still accruing interest to be considered nonperforming	90 days
Period of sufficient payment history for TDR to be considered performing	6 months
Period past due for TDRs loans to be considered nonperforming	31 days
Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	$ 487,525	498,480
Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	3,378	3,349
One-to Four- Family [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	144,948	152,386
One-to Four- Family [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	142,892	150,170
One-to Four- Family [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	2,056	2,216
Home Equity [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	27,533	27,771
Home Equity [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	26,734	27,218
Home Equity [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	799	553
Commercial and Multifamily [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	184,936	181,004
Commercial and Multifamily [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	184,721	180,786
Commercial and Multifamily [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	215	218
Construction and Land [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	64,151	70,915
Construction and Land [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	64,151	70,915
Construction and Land [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	0	0
Manufactured Homes [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	16,038	15,494
Manufactured Homes [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	15,968	15,374
Manufactured Homes [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	70	120
Floating Homes [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	23,746	23,996
Floating Homes [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	23,746	23,996
Floating Homes [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	0	0
Other Consumer [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	4,244	3,932
Other Consumer [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	4,244	3,932
Other Consumer [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	0	0
Commercial Business [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	25,307	26,331
Commercial Business [Member] | Performing [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	25,069	26,089
Commercial Business [Member] | Nonperforming [Member]
Credit Risk Profile by Type of Loan [Abstract]
Total loans	$ 238	$ 242

Loans, Loans Individually Evalu

Loans, Loans Individually Evaluated for Impairment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	$ 10,533		$ 8,592
Recorded investment, without allowance	5,589		4,355
Recorded investment, with allowance	4,834		3,881
Related allowance	967		863
Average recorded investment	8,728	$ 10,767
Interest income recognized	133	163
Impaired loans, interest income forgone	4	22
Commitments to lend additional funds to borrowers whose loans were classified as nonaccrual, TDR or impaired	0		0
One-to Four- Family [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	6,512		5,010
Recorded investment, without allowance	2,801		2,454
Recorded investment, with allowance	3,607		2,295
Related allowance	722		536
Average recorded investment	4,959	5,623
Interest income recognized	84	68
Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	1,092		913
Recorded investment, without allowance	659		446
Recorded investment, with allowance	433		386
Related allowance	92		121
Average recorded investment	965	921
Interest income recognized	10	12
Commercial and Multifamily [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	2,117		1,582
Recorded investment, without allowance	1,753		1,221
Recorded investment, with allowance	359		361
Related allowance	24		24
Average recorded investment	1,852	3,439
Interest income recognized	27	67
Construction and Land [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	81		83
Recorded investment, without allowance	0		0
Recorded investment, with allowance	81		83
Related allowance	22		35
Average recorded investment	82	90
Interest income recognized	1	1
Manufactured Homes [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	273		326
Recorded investment, without allowance	71		91
Recorded investment, with allowance	201		221
Related allowance	40		59
Average recorded investment	302	371
Interest income recognized	5	7
Floating Homes [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	0		0
Recorded investment, without allowance	0		0
Recorded investment, with allowance	0		0
Related allowance	0		0
Average recorded investment	0	0
Interest income recognized	0	0
Other Consumer [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	62		62
Recorded investment, without allowance	2		0
Recorded investment, with allowance	60		62
Related allowance	60		65
Average recorded investment	63	16
Interest income recognized	1	1
Commercial Business [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	396		616
Recorded investment, without allowance	303		143
Recorded investment, with allowance	93		473
Related allowance	7		$ 23
Average recorded investment	505	307
Interest income recognized	$ 5	$ 7

Loans, Troubled Debt Restructur

Loans, Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Loan	Mar. 31, 2016Loan	Dec. 31, 2016USD ($)
Financing Receivable, Modifications [Line Items]
Loans classified as TDRs	$ 4,700		$ 3,400
Loans modified as TDRs within the previous 12 months | Loan	0	0
Commitments to extend additional credit to borrowers whose loan terms have been modified in TDRs	$ 0		$ 0
One-to Four- Family [Member]
Financing Receivable, Modifications [Line Items]
Number of contracts | Loan	1
Total modifications	$ 1,300
Manufactured Homes [Member]
Financing Receivable, Modifications [Line Items]
Number of contracts | Loan	1
Total modifications	$ 14

Fair Value Measurements, Fair V

Fair Value Measurements, Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
FINANCIAL ASSETS [Abstract]
Available-for-sale securities	$ 6,359	$ 6,604
Mortgage servicing rights	3,558	3,561	$ 3,095	$ 3,249
Carrying Value [Member]
FINANCIAL ASSETS [Abstract]
Cash and cash equivalents	52,807	54,582
Available-for-sale securities	6,359	6,604
Loans held for sale	1,970	871
Loans receivable, net	484,452	495,179
Accrued interest receivable	1,754	1,816
Mortgage servicing rights	3,558	3,561
FHLB Stock	1,731	2,840
FINANCIAL LIABILITIES [Abstract]
Non-maturity deposits	328,115	307,989
Time deposits	152,707	159,742
Borrowings	25,631	54,792
Accrued interest payable	87	73
Estimated Fair Value [Member]
FINANCIAL ASSETS [Abstract]
Cash and cash equivalents	52,807	54,582
Available-for-sale securities	6,359	6,604
Loans held for sale	1,970	871
Loans receivable, net	483,245	494,289
Accrued interest receivable	1,754	1,816
Mortgage servicing rights	3,558	3,561
FHLB Stock	1,731	2,840
FINANCIAL LIABILITIES [Abstract]
Non-maturity deposits	328,115	307,989
Time deposits	150,573	159,333
Borrowings	25,635	54,805
Accrued interest payable	87	73
Estimated Fair Value [Member] | Level 1 [Member]
FINANCIAL ASSETS [Abstract]
Cash and cash equivalents	52,807	54,582
Available-for-sale securities	0	0
Loans held for sale	0	0
Loans receivable, net	0	0
Accrued interest receivable	1,754	1,816
Mortgage servicing rights	0	0
FHLB Stock	0	0
FINANCIAL LIABILITIES [Abstract]
Non-maturity deposits	0	0
Time deposits	0	0
Borrowings	0	0
Accrued interest payable	0	0
Estimated Fair Value [Member] | Level 2 [Member]
FINANCIAL ASSETS [Abstract]
Cash and cash equivalents	0	0
Available-for-sale securities	6,037	6,257
Loans held for sale	1,970	871
Loans receivable, net	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
FHLB Stock	0	0
FINANCIAL LIABILITIES [Abstract]
Non-maturity deposits	328,115	307,989
Time deposits	150,573	159,333
Borrowings	25,635	54,805
Accrued interest payable	87	73
Estimated Fair Value [Member] | Level 3 [Member]
FINANCIAL ASSETS [Abstract]
Cash and cash equivalents	0	0
Available-for-sale securities	322	347
Loans held for sale	0	0
Loans receivable, net	483,245	494,289
Accrued interest receivable		0
Mortgage servicing rights	3,558	3,561
FHLB Stock	1,731	2,840
FINANCIAL LIABILITIES [Abstract]
Non-maturity deposits	0	0
Time deposits	0	0
Borrowings	0	0
Accrued interest payable	$ 0	$ 0

Fair Value Measurements, Recurr

Fair Value Measurements, Recurring and Nonrecurring (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset transfers from Level 1 to Level 2	$ 0	$ 0
Asset transfers from Level 2 into Level 3	0	$ 0
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Municipal bonds	3,374		$ 3,353
Agency mortgage-backed securities	2,663		2,904
Non-agency mortgage-backed securities	322		347
Mortgage servicing rights	3,558		3,561
Liabilities carried at fair value	0		0
Recurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Municipal bonds	0		0
Agency mortgage-backed securities	0		0
Non-agency mortgage-backed securities	0		0
Mortgage servicing rights	0		0
Recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Municipal bonds	3,374		3,353
Agency mortgage-backed securities	2,663		2,904
Non-agency mortgage-backed securities	0		0
Mortgage servicing rights	0		0
Recurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Municipal bonds	0		0
Agency mortgage-backed securities	0		0
Non-agency mortgage-backed securities	322		347
Mortgage servicing rights	3,558		3,561
Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO and repossessed assets	952		1,172
Impaired loans	10,423		8,236
Liabilities carried at fair value	0		0
Nonrecurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO and repossessed assets	0		0
Impaired loans	0		0
Nonrecurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO and repossessed assets	0		0
Impaired loans	0		0
Nonrecurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO and repossessed assets	952		1,172
Impaired loans	$ 10,423		$ 8,236

Fair Value Measurements, Quanti

Fair Value Measurements, Quantitative Information (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Prepayment speed assumption	149.00%	152.00%
Recurring [Member] | Level 3 [Member] | Mortgage Servicing Rights [Member] | Discounted Cash Flow [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Prepayment speed assumption	104.00%	104.00%
Discount rate	13.00%	13.00%
Recurring [Member] | Level 3 [Member] | Mortgage Servicing Rights [Member] | Discounted Cash Flow [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Prepayment speed assumption	381.00%	396.00%
Discount rate	15.00%	15.00%
Recurring [Member] | Level 3 [Member] | Mortgage Servicing Rights [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Prepayment speed assumption	149.00%	152.00%
Discount rate	13.00%	13.00%
Recurring [Member] | Level 3 [Member] | Non-agency Mortgage-backed Securities [Member] | Discounted Cash Flow [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate	7.00%	7.00%
Recurring [Member] | Level 3 [Member] | Non-agency Mortgage-backed Securities [Member] | Discounted Cash Flow [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate	9.00%	9.00%
Recurring [Member] | Level 3 [Member] | Non-agency Mortgage-backed Securities [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate	8.00%	8.00%
Nonrecurring [Member] | Level 3 [Member] | OREO [Member] | Market Approach [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Adjustment for differences between comparable sales	0.00%	0.00%
Nonrecurring [Member] | Level 3 [Member] | OREO [Member] | Market Approach [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Adjustment for differences between comparable sales	0.00%	0.00%
Nonrecurring [Member] | Level 3 [Member] | OREO [Member] | Market Approach [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Adjustment for differences between comparable sales	0.00%	0.00%
Nonrecurring [Member] | Level 3 [Member] | Impaired Loans [Member] | Market Approach [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Adjustment for differences between comparable sales	0.00%	0.00%
Nonrecurring [Member] | Level 3 [Member] | Impaired Loans [Member] | Market Approach [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Adjustment for differences between comparable sales	100.00%	100.00%
Nonrecurring [Member] | Level 3 [Member] | Impaired Loans [Member] | Market Approach [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Adjustment for differences between comparable sales	7.00%	10.50%

Fair Value Measurements, Level

Fair Value Measurements, Level 3 Unobservable Inputs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reconciliation of assets and liabilities measured at fair value using significant unobservable inputs (Level 3) [Roll Forward]
Beginning balance, at fair value	$ 347	$ 428
OTTI impairment losses	0	0
Sales and principal payments	(24)	(15)
Change in unrealized loss	(1)	2
Ending balance, at fair value	$ 322	$ 415

Mortgage Servicing Rights (Deta

Mortgage Servicing Rights (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Summary of the Change in the Balance of Mortgage Service Rights Assets [Roll Forward]
Beginning balance, at fair value		$ 3,561	$ 3,249	$ 3,249
Servicing rights that result from transfers and purchases of financial assets		17	108
Changes in fair value [Abstract]
Due to changes in model inputs or assumptions	[1]	(20)	(114)
Other	[2]	0	(148)
Ending balance, at fair value		$ 3,558	3,095	$ 3,561
Mortgage Servicing Right, Key Economic Assumptions [Abstract]
Prepayment speed (Public Securities Association "PSA" model)		149.00%		152.00%
Weighted-average life		7 years 2 months 12 days		7 years 2 months 12 days
Yield to maturity discount rate		13.00%		13.00%
Contractually specified servicing, late and ancillary fees earned and recorded in mortgage servicing income		$ 253	$ 204
Federal National Mortgage Association (FNMA) [Member]
Servicing Assets at Fair Value [Line Items]
Loans serviced for others		402,600		$ 410,100
Other Financial Institutions [Member]
Servicing Assets at Fair Value [Line Items]
Loans serviced for others		$ 16,100		$ 13,800
[1]	Represents changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates.
[2]	Represents changes due to collection or realization of expected cash flows over time.

Borrowings and FHLB Stock (Deta

Borrowings and FHLB Stock (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Short-term Debt [Line Items]
Investment in FHLB stock	$ 1,731,000	$ 2,840,000
Federal Home Loan Bank of Des Moines [Member]
Short-term Debt [Line Items]
Amount available to borrow under loan agreement	205,700,000	197,900,000
Outstanding borrowings	25,600,000	54,800,000
One-to Four- Family [Member] | Federal Home Loan Bank of Des Moines [Member]
Short-term Debt [Line Items]
Loans used as collateral for credit facility	107,000,000	107,200,000
Commercial and Multifamily [Member] | Federal Home Loan Bank of Des Moines [Member]
Short-term Debt [Line Items]
Loans used as collateral for credit facility	100,500,000	94,400,000
Home Equity [Member] | Federal Home Loan Bank of Des Moines [Member]
Short-term Debt [Line Items]
Loans used as collateral for credit facility	15,300,000	15,900,000
Line of Credit [Member] | Pacific Coast Banker's Bank [Member]
Short-term Debt [Line Items]
Amount available to borrow under loan agreement	2,000,000
Outstanding borrowings	$ 0	0
Term period	1 year
Maturity date	Jun. 30, 2017
Line of Credit [Member] | Zions Bank [Member]
Short-term Debt [Line Items]
Outstanding borrowings	$ 0	0
Line of credit facility, maximum borrowing capacity	9,000,000
Line of credit facility, minimum cash balance required	250,000
Line of Credit [Member] | The Independent Bank [Member]
Short-term Debt [Line Items]
Amount available to borrow under loan agreement	10,000,000
Outstanding borrowings	0	0
Letter of Credit [Member] | Federal Home Loan Bank of Des Moines [Member]
Short-term Debt [Line Items]
Letters of credit to secure public deposits	16,000,000	21,000,000
Net remaining amount available	164,100,000	122,200,000
Federal Reserve Bank Advances [Member]
Short-term Debt [Line Items]
Outstanding borrowings	0	0
Unused borrowing capacity	$ 41,800,000	$ 42,000,000

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Earnings Per Common Share [Abstract]
Net income		$ 1,414	$ 1,106
Weighted average number of shares outstanding, basic (in shares)		2,499,502	2,477,751
Effect of potentially dilutive common shares (in shares)	[1]	98,000	94,000
Weighted average number of shares outstanding, diluted (in shares)		2,596,519	2,571,604
Earnings per share, basic (in dollars per share)		$ 0.57	$ 0.45
Earnings per share, diluted (in dollars per share)		$ 0.54	$ 0.43
Anti-dilutive securities not included in computation of diluted earnings per common share (in shares)		0	0
[1]	Represents the effect of the assumed exercise of stock options and vesting of non-participating restricted shares, based on the treasury stock method.

Stock-based Compensation (Detai

Stock-based Compensation (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Planshares	Mar. 31, 2016USD ($)
Stock-based Compensation [Line Items]
Number of equity incentive plans | Plan	2
Share-based compensation expense | $	$ 144	$ 102
Stock Options [Member]
Stock-based Compensation [Line Items]
Cumulative number of shares issued (in shares)	265,801
Restricted Stock [Member]
Stock-based Compensation [Line Items]
Cumulative number of shares issued (in shares)	107,213
2008 Plan [Member] | Stock Options and Stock Appreciation Rights [Member]
Stock-based Compensation [Line Items]
Shares authorized (in shares)	126,287
2008 Plan [Member] | Restricted Stock and Restricted Stock Units [Member]
Stock-based Compensation [Line Items]
Shares authorized (in shares)	50,514
2013 Plan [Member] | Stock Options and Stock Appreciation Rights [Member]
Stock-based Compensation [Line Items]
Shares authorized (in shares)	141,750
2013 Plan [Member] | Restricted Stock and Restricted Stock Units [Member]
Stock-based Compensation [Line Items]
Shares authorized (in shares)	56,700

Stock-based Compensation, Stock

Stock-based Compensation, Stock Option Awards (Details) - Stock Options [Member] - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Stock-based Compensation [Line Items]
Term of awards	10 years
Options, Outstanding [Roll Forward]
Outstanding, beginning of period (in shares)	170,057
Granted (in shares)	32,010
Exercised (in shares)	(500)
Forfeited (in shares)	(600)
Expired (in shares)	0
Outstanding, end of period (in dollars per share)	200,967		170,057
Exercisable (in shares)	133,407
Expected to vest, assuming a 0% forfeiture rate over the vesting term (in shares)	67,560
Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding, beginning of period (in dollars per share)	$ 15.41
Granted (in dollars per share)	28.34
Exercised (in dollars per share)	22.31
Forfeited (in dollars per share)	28.34
Expired (in dollars per share)	0
Outstanding, end of period (in dollars per share)	17.42		$ 15.41
Exercisable (in dollars per share)	15.58
Expected to vest, assuming a 0% forfeiture rate over the vesting term (in dollars per share)	$ 21.05
Options, Additional Disclosures [Abstract]
Outstanding, weighted-average remaining contractual term	6 years 9 months 7 days		6 years 5 months 8 days
Exercisable, weighted-average remaining contractual term	6 years 1 month 6 days
Expected to vest, assuming a 0% forfeiture rate over the vesting term, weighted-average remaining contractual term	8 years 25 days
Outstanding, aggregate intrinsic value	$ 2,877,847		$ 2,141,018
Exercisable, aggregate intrinsic value	2,155,857
Expected to vest, assuming a 0% forfeiture rate over the vesting term, aggregate intrinsic value	$ 722,296
Forfeiture rate	0.00%
Unrecognized compensation cost	$ 459,000
Remaining weighted-average vesting period	2 years 6 months
Share-based compensation arrangement, fair value assumptions and methodology [Abstract]
Annual dividend yield	1.28%	1.03%
Expected volatility	22.99%	25.48%
Risk-free interest rate	2.20%	1.64%
Expected term	6 years 6 months	6 years 11 months 1 day
Weighted-average grant date fair value per option granted (in dollars per share)	$ 6.62	$ 5.78
2008 Plan [Member]
Stock-based Compensation [Line Items]
Annual vesting percentage	20.00%
Vesting commencement period from grant date	1 year
2013 Plan [Member] | Minimum [Member]
Stock-based Compensation [Line Items]
Award vesting period	2 years
2013 Plan [Member] | Maximum [Member]
Stock-based Compensation [Line Items]
Award vesting period	4 years

Stock-based Compensation, Restr

Stock-based Compensation, Restricted Stock Awards (Details) - Restricted Stock Awards [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Installment$ / sharesshares	Mar. 31, 2016USD ($)
Nonvested Restricted Stock Awards [Roll Forward]
Non-vested, beginning of period (in shares) | shares	26,138
Granted (in shares) | shares	576
Vested (in shares) | shares	(14,950)
Forfeited (in shares) | shares	0
Expired (in shares) | shares	0
Non-vested, end of period (in shares) | shares	11,764
Expected to vest assuming a 0% forfeiture rate over the vesting term (in shares) | shares	11,764
Nonvested Restricted Stock Awards, Weighted Average Grant Date Fair Value [Roll Forward]
Non-vested, beginning of period (in dollars per share) | $ / shares	$ 18.08
Granted (in dollars per share) | $ / shares	28.34
Vested (in dollars per share) | $ / shares	18.93
Forfeited (in dollars per share) | $ / shares	0
Expired (in dollars per share) | $ / shares	0
Non-vested, end of period (in dollars per share) | $ / shares	19.05
Expected to vest assuming a 0% forfeiture rate over the vesting term, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.05
Nonvested Restricted Stock Awards, Additional Disclosures [Abstract]
Forfeiture rate	0.00%
Unrecognized compensation cost | $	$ 253
Remaining weighted-average vesting period	1 year 11 days
Total fair value of shares vested | $	$ 283	$ 345
2008 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage	20.00%
Vesting commencement period from grant date	1 year
2013 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting commencement period from grant date	1 year
Immediate vesting percentage	33.33%
Number of annual installments | Installment	2

Stock-based Compensation, Emplo

Stock-based Compensation, Employee Stock Ownership Plan (Details) - Employee Stock Ownership Plan [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Aug. 31, 2012	Jan. 31, 2008
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Repayment period	10 years
Committed to release (in shares)	21,443
Unallocated shares (in shares)	66,800
Number of common shares hold by the trust (in shares)	183,469
Fair value of shares held by ESOP trust	$ 5,800
ESOP compensation expense	168	$ 136
ESOP Borrowing in 2008 [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Amount borrowed by ESOP to purchase common stock				$ 1,200
ESOP loan interest rate				4.00%
ESOP remaining loan balance from shares purchased	136
ESOP Borrowing in 2012 [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Amount borrowed by ESOP to purchase common stock			$ 1,100
ESOP loan interest rate			2.25%
ESOP remaining loan balance from shares purchased	$ 590

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member] - Dividend Declared [Member] - $ / shares	Apr. 25, 2017	May 12, 2017
Subsequent Event [Line Items]
Dividends payable, date declared		Apr. 25, 2017
Cash dividend declared (in dollars per share)	$ 0.10
Dividends payable, date to be paid		May 26, 2017
Dividends payable, date of record		May 12, 2017