Sunshine Bancorp (SBCP) 10-K 18 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 18, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	SBCP
Entity Registrant Name	SUNSHINE BANCORP, INC.
Entity Central Index Key	1,599,891
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		5,265,950
Entity Public Float			$ 62,633,600

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 13,220,000	$ 5,316,000
Interest-earning deposits with banks	16,523,000	688,000
Federal funds sold	29,601,000	14,475,000
Cash and cash equivalents	59,344,000	20,479,000
Time deposits with banks	4,410,000	5,880,000
Securities available for sale	65,944,000	0
Securities held to maturity (Fair value of $0 and $75,469)		75,473,000
Loans held for sale	790,000	2,012,000
Loans, net of allowance for loan losses of $2,511 and $1,726	326,266,000	108,666,000
Premises and equipment, net	17,612,000	6,074,000
Federal Home Loan Bank stock, at cost	1,597,000	180,000
Cash surrender value of bank-owned life insurance	12,122,000	7,259,000
Deferred income tax asset	6,426,000	2,782,000
Goodwill and other intangibles	10,101,000
Accrued interest receivable	1,048,000	613,000
Other real estate owned	32,000	41,000
Other assets	1,573,000	361,000
Total assets	507,265,000	229,820,000
Liabilities:
Noninterest-bearing demand accounts	89,114,000	34,774,000
Interest-bearing demand and savings accounts	198,977,000	92,897,000
Time deposits	111,020,000	36,253,000
Total deposits	399,111,000	163,924,000
Federal Home Loan Bank advances	27,500,000	0
Other borrowings	1,427,000	0
Other liabilities	7,833,000	4,270,000
Total liabilities	$ 435,871,000	$ 168,194,000
Stockholders' equity:
Preferred stock, $0.01 par value, 5,000,000 authorized; none outstanding
Common stock, $0.01 par value, 50,000,000 shares authorized; issued and outstanding of 5,259,321 and 4,232,000	$ 53,000	$ 42,000
Additional paid in capital	52,763,000	40,766,000
Retained income	21,846,000	24,091,000
Unearned employee stock ownership plan ("ESOP") shares	(3,160,000)	(3,273,000)
Accumulated other comprehensive loss	(108,000)
Total stockholders' equity	71,394,000	61,626,000
Total liabilities and stockholders' equity	$ 507,265,000	$ 229,820,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Held to maturity securities, fair value	$ 0	$ 75,469
Allowance for loan losses	$ 2,511	$ 1,726
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	5,259,321	4,232,000
Common stock, shares outstanding	5,259,321	4,232,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest income:
Loans	$ 10,963	$ 5,452
Securities	683	704
Other	200	122
Total interest income	11,846	6,278
Interest Expense:
Deposits	670	298
Borrowed funds	81
Total interest expense	751	298
Net interest income	11,095	5,980
Provision for loan losses		2,500
Net interest income after provision for loan losses	11,095	3,480
Noninterest income:
Fees and service charges on deposit accounts	762	591
Gain (loss) on sale of other real estate owned	20	(204)
Mortgage Broker Fees	146	124
Gain on sale of securities	195
Income from bank-owned life insurance	331	154
Other	175	91
Total noninterest income	1,629	756
Noninterest expenses:
Salaries and employee benefits	9,633	4,580
Occupancy and equipment	1,441	1,244
Data and item processing services	948	566
Professional fees	776	521
Advertising and promotion	302	76
Stationery and supplies	148	99
Deposit insurance and general insurance	289	180
Merger and acquisition	1,501
Other	2,238	1,021
Total noninterest expenses	17,276	8,287
Loss before income taxes	(4,552)	(4,051)
Income tax benefit	(2,321)	(1,590)
Net loss	(2,231)	(2,461)
Preferred Stock dividend paid	(14)
Net loss available to common stockholders	$ (2,245)	$ (2,461)
Basic and diluted loss per share	$ (0.56)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net loss	$ (2,231)	$ (2,461)
Change in unrealized gain on securities:
Unrealized gain (losses) arising during the period	21
Reclassification adjustment for realized gains	(195)
Net change in unrealized gain	(174)
Deferred income tax benefit on above change	66
Total other comprehensive income	(108)
Comprehensive loss	$ (2,339)	$ (2,461)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Income [Member]	Unearned ESOP Shares [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning Balance at Dec. 31, 2013	$ 26,552				$ 26,552
Net loss	(2,461)				$ (2,461)
Proceeds from issuance of common stock	37,399		$ 39	$ 37,360
Proceeds from issuance of common stock, shares			3,893,440
Employee Stock Ownership Plan allocation to participants	$ 136			$ 23		$ 113
Employee Stock Ownership Plan allocation to participants, Shares	0	0	0	0	0	0	0
Issuance of common stock for Employee Stock Ownership Plan			$ 3	$ 3,383		$ (3,386)
Ending Balance at Dec. 31, 2014	$ 61,626		$ 42	40,766	$ 24,091	(3,273)
Ending Balance, Shares at Dec. 31, 2014			4,232,000
Issuance of common stock for Employee Stock Ownership Plan, shares	327,275		338,560
Net loss	$ (2,231)				(2,231)
Dividends paid on preferred stock	(14)				$ (14)
Preferred stock exchanged	5,700	$ 5,700
Preferred stock exchanged, Shares		5,700
Preferred stock redeemed	(5,700)	$ (5,700)
Preferred stock redeemed, Shares		(5,700)
Proceeds from issuance of common stock	11,359		$ 9	11,350
Proceeds from issuance of common stock, shares			875,000
Issuance of common stock under share-based awards plan and Stock-based compensation expense	591		$ 2	589
Issuance of common stock under share-based awards plan and Stock-based compensation expense, Shares			152,321
Employee Stock Ownership Plan allocation to participants	$ 171			$ 58		$ 113
Employee Stock Ownership Plan allocation to participants, Shares	0	0	0	0	0	0	0
Net change in unrealized loss on Securities available for sale, net of taxes	$ (108)						$ (108)
Ending Balance at Dec. 31, 2015	$ 71,394		$ 53	$ 52,763	$ 21,846	$ (3,160)	$ (108)
Ending Balance, Shares at Dec. 31, 2015			5,259,321
Issuance of common stock for Employee Stock Ownership Plan, shares	315,989

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Common stock offering cost	$ 821	$ 1,536

Statements of Cash Flows

Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (2,231)	$ (2,461)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	620	547
Provisions for loan losses		2,500
Amortization of premiums and discounts on securities, net	337	270
Gain on sale of loans held for sale	(16)
Proceeds from the sale of loans held for sale	1,967	1,593
Loans originated as held for sale	(729)	(183)
Amortization of deferred loan fees and costs, net	(119)	(24)
Income from bank-owned life insurance, net	(331)	(154)
(Gain) loss on sale of other real estate owned	(20)	204
Gain on sale of securities available for sale	(195)
Decrease (increase) in accrued interest receivable	250	(32)
Decrease in Other intangible assets	54
Increase in deferred tax assets	(1,483)	(1,492)
(Increase) decrease in other assets	(1,114)	50
Stock options and restricted stock compensation expense	591
Employee Stock Ownership Plan compensation expense	171	136
Increase in other liabilities	2,834	1,272
Net cash provided by operating activities	639	2,260
Cash flows from investing activities:
Maturities of time deposits with banks	1,470	3,648
Purchases of securities held to maturity		(30,273)
Maturities of securities held to maturity	5,000	2,000
Principle repayment of securities held to maturity	800	966
Proceeds from sale of securities available for sale	60,369
Purchases of securities available for sale	(23,507)
Calls and maturities of securities available for sale	8,000
Principle repayment of securities available for sale	2,923
Net increase in loans	(38,073)	(3,301)
Proceeds from sale of other real estate owned	61	1,177
Purchases of premises and equipment, net	(3,431)	(493)
Purchase of bank owned life insurance		(3,050)
Redemption of Federal Home Loan Bank stock	123	57
Business acquisitions, net of cash received	15,424
Net cash provided by (used in) investing activities	29,159	(29,269)
Cash flows from financing activities:
Net increase (decrease) in deposits	9,260	(965)
Net decrease in Federal Home Loan Bank Advances	(3,980)
Net decrease in other borrowings	(1,858)
Redemption in Preferred Stock	(5,700)
Payment of Dividend to Preferred Stock	(14)
Net proceeds received from stock issuance	11,359	37,399
Net cash provided by financing activities	9,067	36,434
Increase in cash and cash equivalents	38,865	9,425
Cash and cash equivalents at beginning of year	20,479	11,054
Cash and cash equivalents at end of year	59,344	20,479
Supplemental disclosure of cash flow information:
Cash paid during the period for-Interest	716	159
Noncash transaction
Accumulated other comprehensive loss, net change in unrealized loss on securities available for sale, net of taxes	(108)
Securities held to maturity transferred to available for sale	69,665
Transfer from loans to loans held for sale		$ 3,422
Noncash assets acquired and liabilities assumed:
Securities available for sale	44,372
Loans	179,408
Premises and equipment	8,727
Federal Home Loan Bank stock	1,540
Cash surrender value of bank-owned life insurance	4,585
Deferred income taxes	2,095
Goodwill	9,500
Core Deposit Intangible	655
Accrued interest	685
Other Real Estate Owned	32
Other assets	98
Deposits	225,927
Federal Home Loan Bank advances	31,480
Other borrowings	3,285
Other liabilities	729
Preferred Stock	$ 5,700

Organization and Significant Ac

Organization and Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Significant Accounting Policies	(1) Organization and Significant Accounting Policies Organization. The conversion was accounted for as a change in corporate form with the historic basis of the Bank’s assets, liabilities and equity unchanged as a result. In connection with the Conversion, the Holding Company implemented an ESOP, to provide eligible employees the opportunity to own the Company’s stock. This plan is a tax-qualified retirement plan for the benefit of all Bank employees. A total of 338,560 shares of the stock issued in the conversion were acquired by the ESOP. The Bank operations are conducted from the main banking office in Plant City, Florida and eleven additional full service banking offices located in Brandon, Riverview, Lakeland, Zephyrhills, Bartow, Plant City, Sarasota, Bradenton, Winter Haven, Tampa, and Orlando, Florida. The Bank’s deposits are insured up to the applicable limits by the Federal Deposit Insurance Corporation (“FDIC”). As part of the Conversion, the Holding Company established a liquidation account in an amount equal to retained income of $26.6 million described in the final prospectus. The liquidation account will be maintained for the benefit of eligible account holders who maintain deposit accounts in the Bank after the conversion. Basis of Presentation. Use of Estimates. Acquisition Method of Accounting. Accounting for business combination under GAAP acquisition method prohibits “carrying over” valuation allowances, such as the allowance for loan losses. Uncertainties relating to the expected future cash flows is reflected in the fair value measurement of the acquired loans and reflected in the purchase price. The Bank will establish loan loss allowances for the acquired loans in periods after the acquisition, but only for losses incurred on these loans due to credit deterioration after acquisition. Purchased Credit-Impaired Loans. As a result of the Company’s recent acquisition, the Company individually evaluated three PCI loans. These acquired loans were recorded on the acquisition date at fair value. The Company estimates the amount and timing of expected cash flows for each individually analyzed loan. Estimated cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan. On a quarterly basis, the Company will update the amount of loan principal and interest cash flows expected to be collected, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of current market conditions. Probable decreases in expected loan principal cash flows trigger the recognition of impairment, which is then measured as the present value of the expected principal loss plus any related foregone interest cash flows discounted at the loan’s effective interest rate. Impairments that occur after the acquisition date are recognized through the allowance for loan losses. Probable and significant increases in expected cash flows would first reverse any previously recorded allowance for loan losses; any remaining increases are recognized prospectively as interest income. The impacts of (i) prepayments, (ii) changes in variable interest rates, and (iii) any other changes in the timing of expected cash flows are recognized prospectively as adjustments to interest income. Disposals of loans, which may include sales of loans, receipt of payments in full by the borrower, or foreclosure, result in removal of the loan from the PCI portfolio. Goodwill and Core Deposit Intangible. Cash and Cash Equivalents. The Bank is required under Federal Reserve Board regulations to maintain cash reserves, generally consisting of deposits with the Federal Reserve Bank, of cash or noninterest-earning accounts with qualifying banks, against its transaction accounts. At December 31, 2015 and 2014, the Bank’s cash reserve requirements were $6,348,000 and $1,883,000, respectively. Securities. Loans Held for Sale. Loans. pay-off charge-offs, Loan origination fees are deferred and certain direct origination costs are capitalized. The net amount are deferred and are recognized as an adjustment of the yield of the related loan. The accrual of interest on all portfolio classes, including troubled debt restructurings, is discontinued at the time the loan is more than ninety days delinquent unless the loan is well collateralized and in process of collection. Nonaccrual loans are reviewed for charge-off if more than ninety-days past due, except for residential loans and consumer loans. Residential loans are reviewed at 180 days and consumer loans are reviewed at 120 days past due. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered unlikely. All interest accrued but not collected for loans placed on nonaccrual or charged-off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. In addition, a loan should be in accordance with the contractual terms for a reasonable period of time, usually requiring a payment history of six months. Allowance for Loan Losses. The allowance for loan losses is evaluated on a quarterly basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the size and composition of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. For such loans, an allowance is established when the discounted cash flows, collateral value or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on historical loss experience adjusted for qualitative factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding eight quarters. This is supplemented by the risks for each portfolio segment. Risk factors impacting loans in each of the portfolio segments include broad deterioration of property values, reduced consumer and business spending as a result of unemployment and reduced credit availability and lack of confidence in the economy. The historical experience is adjusted for the following qualitative factors: (a) the existence and effect of any concentrations of credit and changes in the level of such concentrations; (b) changes in national, regional and local economic conditions that affect the collectability of the loan portfolio; (c) changes in levels or trends in charge-offs and recoveries; (d) changes in the volume and severity of past due loans, nonaccrual loans or loans classified special mention, substandard, doubtful or loss; (e) changes in the nature and volume of the loan portfolio and terms of loans; (f) changes in lending policies and procedures, risk selection and underwriting standards; (g) changes in the experience, ability and depth of lending management and other relevant staff; (h) quality of loan review; (i) the effect of other external factors, trends or uncertainties that could affect management’s estimate of probable losses, such as competition and industry conditions. Allowance for Loan Losses, Continued. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment disclosures. Income Taxes. Uncertain tax positions are recognized if it is more likely than not that the tax position will be realized or sustained upon examination including resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. As of December 31, 2015, management is not aware of any uncertain tax positions that would have a material effect on the Company’s consolidated financial statements. The Company recognizes interest and penalties on income taxes as a component of income taxes. Premises and Equipment straight-line Other Real Estate Owned. Fair Value Measurements. Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities that are not active; and model-driven valuations whose inputs are observable or whose significant value drivers are observable. Valuations may be obtained from, or corroborated by, third-party pricing services. Level 3: Unobservable inputs to measure fair value of assets and liabilities for which there is little, if any market activity at the measurement date, using reasonable inputs and assumptions based upon the best information at the time, to the extent that inputs are available without undue cost and effort. The following describes valuation methodologies used for assets and liabilities measured at fair value: Impaired Loans Other Real Estate Owned. Assets Acquired and Liabilities Assumed Level 3 inputs were utilized to value the acquired loan portfolio and included the use of present value techniques employing cash flow estimates and the incorporated assumptions that marketplace participants would use in estimating fair values. In instances where reliable market information was not available, the Company used its own assumptions in an effort to determine reasonable fair value adjustments required under GAAP. Core deposit premium represents the value assigned to demand, interest checking, money market and savings accounts assumed as part of an acquisition. The core deposit premium value represents the future economic benefit and was valued utilizing Level 3 inputs. Certificates of deposit (time deposits) are not considered to be core deposits as they are assumed to have a low expected average life upon acquisition. The fair value of certificates of deposits represents the present value of the certificates’ expected contractual payments discounted by market rates for similar CDs and is valued utilizing Level 3 inputs. The estimated fair values of the borrowings were calculated utilizing Level 3 inputs. The prices for these instruments are based upon the termination costs of the borrowings shortly after the acquisition date. Off-Balance-Sheet off-balance-sheet Fair Values of Financial Instruments. Cash and Cash Equivalents . Time Deposits with Banks . Securities . Loans . Federal Home Loan Bank Stock. Accrued Interest Receivable. Deposit. FHLB Advances. Off-Balance-Sheet Financial Instruments. Comprehensive Loss . Share-Based Compensation . Earnings (Loss) per Share. Recent Accounting Standards Update. During February 2016, the FASB issued new guidance related to Leases During January 2016, the FASB issued new guidance related to Financial Instruments During September 2015, the FASB issued new guidance related to Business Combinations During April 2015, the FASB issued new guidance related to Debt Issuance Costs Reclassifications.

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Business Combinations	2) Business Combinations Agreement to Acquire Certain Assets and Liabilities of First Federal Bank of Florida. Agreement to Acquire Community Southern Holdings, Inc. The following table summarizes the fair value of assets acquired, liabilities assumed and stockholders’ equity exchanged on the date of acquisition and for the year ended December 31, 2015 in total. Community Southern First Federal Total Cash and cash equivalents $ 10,183 $ 38,165 $ 48,348 Securities available for sale 44,372 — 44,372 Loans 171,476 7,932 179,408 Premises and equipment 6,097 2,630 8,727 Federal Home Loan Bank stock 1,540 — 1,540 Bank owned life insurance 4,585 — 4,585 Deferred tax asset 2,095 — 2,095 Goodwill 8,662 838 9,500 Core deposit intangible 588 67 655 Accrued interest receivable 685 — 685 Other real estate owned 32 — 32 Other assets 82 16 98 Total assets acquired $ 250,397 $ 49,648 $ 300,045 Deposits 178,912 47,015 225,927 Federal Home Loan Bank advances 31,480 — 31,480 Other borrowings 3,285 — 3,285 Other liabilities 726 3 729 Preferred Stock 5,700 — 5,700 Total liabilities assumed 220,103 47,018 267,121 Net assets acquired $ 30,294 $ 2,630 $ 32,924 Results of operations for Community Southern Holdings, Inc. prior to the acquisition date are not included in the Consolidated Statement of Operations for the years ended December 31, 2014 and 2015. The following table presents financial information regarding the former Community Southern Holdings, Inc. operations excluded from the Consolidated Statement of Operations prior to the date of acquisition: Actual from January 1, 2015 (Unaudited) (in thousands) Net interest income $ 3,642 Noninterest income $ 331 Net loss $ (1,470 ) The following table presents unaudited pro forma information as if the acquisition of Community Southern Holdings, Inc. had occurred on January 1, 2015. Unaudited pro forma information 2015 2014 (in thousands, except per share data) Net interest income $ 14,417 $ 10,379 Noninterest income $ 1,960 $ 1,330 Net (Loss) income $ (3,873 ) $ 1,452 Pro forma Loss per share-Basic and Diluted $ (0.90 ) N/A The tables above have been prepared for comparative purposes only and are not necessarily indicative of the actual results that would have been attained had the acquisition occurred as of the beginning of the periods presented, nor is it indicative of future results. Furthermore, the unaudited pro forma information does not reflect the Company’s estimate of any revenue-enhancing opportunities nor anticipated cost savings as a result of the integration and consolidation of the acquisition.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	(3) Goodwill and Other Intangible Assets Goodwill and Core Deposit Intangible (“CDI”) at December 31, 2015 was $9,500,000 and $602,000 respectively. The future expected amortization of CDI with determinable useful lives as of December 31, 2015 are as follows (in thousands): Year Ending December 31, Amount 2016 $ 114 2017 102 2018 90 2019 78 2020 66 Thereafter 152 $ 602

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Securities	(4) Securities Securities have been classified according to management intent. On March 19, 2015 management transferred all securities classified as held to maturity to available for sale at an estimated fair market value of $69.7 million. The transfer was performed to enhance the interest rate risk position of the Bank and provide liquidity for future loan growth. As a result of the transfer, the Bank is precluded from classifying securities as held to maturity until March 2017. The amortized cost and fair values of securities are as follows (in thousands): Securities Available for Sale: Amortized Gross Unrealized Gross Unrealized Fair December 31, 2015: Federal Home Loan Bank obligations $ 15,074 6 (6 ) $ 15,074 U.S. Government enterprise and agency obligations 14,037 7 (37 ) 14,007 Agency Mortgage-backed securities 37,007 — (144 ) 36,863 Total $ 66,118 13 (187 ) $ 65,944 Securities held for maturity: December 31, 2014: U.S. Treasury securities $ 5,025 5 — $ 5,030 Federal Home Loan Bank obligations 23,269 24 (50 ) 23,243 U.S. Government enterprise and agency obligations 29,799 84 (85 ) 29,798 Agency Mortgage-backed securities 17,380 19 (1 ) 17,398 Total $ 75,473 132 (136 ) $ 75,469 The amortized cost and fair value of securities at December 31, 2015, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to call or prepayment rights. Securities not due at a single maturity date, primarily mortgage backed securities, are shown separately. Securities Available for sale Amortized Cost Fair Value Due in one year or less $ 10,069 $ 10,071 Due from one year to five years 19,042 19,010 Agency Mortgage-backed securities 37,007 36,863 $ 66,118 $ 65,944 The Company pledged securities with a fair market value of approximately $22.1 million at December 31, 2015 and $25.6 million at December 31, 2014 to secure public funds and other borrowings. Securities available for sale sold during the year ended December 31, 2015, are summarized as follows (in thousands): Proceeds received from sale $ 60,369 Gross Gains on sale $ 195 Securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows (in thousands): Less Than Twelve Months More than Twelve Months Gross Unrealized Loss Fair Value Gross Fair Securities Available for sale: At December 31, 2015: Federal Home Loan Bank obligations $ (6 ) $ 6,018 $ — $ — U.S Government enterprise and agency obligations (37 ) 12,000 — — Agency Mortgage-backed securities (144 ) 36,863 — — Totals $ (187 ) $ 54,881 $ — $ — Securities held for maturity: At December 31, 2014: Federal Home Loan Bank obligations $ (13 ) $ 7,055 $ (37 ) $ 3,995 U.S Government enterprise and agency obligations (50 ) 14,957 (35 ) 4,001 Agency Mortgage-backed securities (1 ) 1,964 — — Totals $ (64 ) $ 23,976 $ (72 ) $ 7,996 At December 31, 2015 there were twenty-four securities in a loss position. In considering the credit quality of the issuers, the nature and cause of the unrealized loss, the severity and length of time in an unrealized loss position, and other factors, it is expected that the securities would not be settled at a price less than the par value of the investments. Management determined that the decline in fair value is attributable to fluctuations in interest rates and other market conditions and not a deterioration of the credit quality of the issuers. Because the Company has the ability and intent to hold these investments until a market price recovery or maturity, these investments are not considered other-than-temporarily impaired.

Loans

Loans	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans	(5) Loans The portfolio segments and classes of loans are as follows (in thousands): At December 31, 2015 2014 Real estate loans: One-to-four-family residential $ 68,169 $ 51,960 Commercial real estate and multi-family 192,568 32,665 Construction and land 17,570 7,075 Home equity 6,623 645 Total real estate loans 284,930 92,345 Commercial loans 41,417 16,773 Consumer loans 2,726 1,398 Total loans 329,073 110,516 Deduct: Deferred loan fees, net (296 ) (124 ) Allowance for loan losses (2,511 ) (1,726 ) Loans, net $ 326,266 $ 108,666 The Company has divided the loan portfolio into three portfolio segments, each with different risk characteristics and methodologies for assessing risk. All loans are underwritten in accordance with policies set forth and approved by the Company’s Board of Directors. The portfolio segments identified by the Company are as follows: Real Estate Loans. One-to four-family residential real estate loans are underwritten based on the borrower’s repayment capacity and source, value of the underlying property, credit history and stability. Commercial real estate and multifamily loans are secured by the subject property and are underwritten based on loan to value limits, cash flow coverage and general creditworthiness of the obligors. These loans are generally considered to have more credit risk than traditional one-to four-family residential loans because these loans tend to involve larger loan balances and their repayment is typically dependent upon the successful operation and management of the underlying real estate. Construction and Land loans are to finance the construction of owner-occupied and lease properties. These loans are categorized as construction loans during the construction period, later converting to commercial or one-to four-family residential loans after the construction is complete and amortization of the loan begins. Real estate development and construction loans are approved based on an analysis of the borrower and guarantor, the viability of the project and on an acceptable percentage of the appraised value of the property securing the loan. Construction loan funds are disbursed periodically based on the percentage of construction or development completed. The Company carefully monitors these loans with on-site inspections and requires the receipt of lien waivers on funds advanced. Construction and land loans are typically secured by the properties under development or construction, and personal guarantees are typically obtained. Further, to assure that reliance is not placed solely on the value of the underlying property, the Company considers the market conditions and feasibility of proposed projects, the financial condition and reputation of the borrower and guarantors, the amount of the borrower’s equity in the project, independent appraisals, cost estimates and pre-construction sale information. The Company also makes loans on occasion for the purchase of land for future development by the borrower. Land loans are extended for the future development for either commercial or residential use by the borrower. The Company carefully analyzes the intended use of the property and the viability thereof. Home Equity Loans. Commercial Loans. Consumer Loans. An analysis of the change in the allowance for loan losses follows (in thousands): Real Estate Commercial Consumer Unallocated Total Year Ended December 31, 2015: Beginning balance $ 1,409 $ 308 $ 9 $ — $ 1,726 Provision (credit) for loan losses (185 ) (382 ) 16 551 — Charge-offs (1 ) (9 ) (4 ) — (14 ) Recoveries 131 666 2 — 799 Ending balance $ 1,354 $ 583 $ 23 $ 551 $ 2,511 Individually evaluated for impairment: Recorded investment $ 1,527 539 — — $ 2,066 Balance in allowance for loan losses $ 39 9 — — $ 48 Collectively evaluated for impairment: Recorded investment $ 282,760 40,820 2,726 — $ 326,306 Balance in allowance for loan losses $ 1,315 574 23 551 $ 2,463 Acquired with deteriorated credit quality Recorded Investment $ 643 58 — — $ 701 Balance in allowance for loan losses $ — — — — $ — Year Ended December 31, 2014: Beginning balance $ 1,417 $ 208 $ 10 $ 83 $ 1,718 Provision (credit) for loan losses 1,333 1,245 5 (83 ) 2,500 Charge-offs (1,362 ) (1,213 ) (16 ) — (2,591 ) Recoveries 21 68 10 — 99 Ending balance $ 1,409 $ 308 $ 9 $ — $ 1,726 Individually evaluated for impairment: Recorded investment $ 4,028 768 — — $ 4,796 Balance in allowance for loan losses $ 301 9 — — $ 310 Collectively evaluated for impairment: Recorded investment $ 88,317 16,005 1,398 — $ 105,720 Balance in allowance for loan losses $ 1,108 299 9 — $ 1,416 The following summarizes the loan credit quality (in thousands): Real Estate Loans One-to Commercial Construction Four-Family Real Estate/ and Home Residential Multi Family Land Equity Commercial Consumer Total Credit Risk Profile by Internally Assigned Grade: At December 31, 2015: Grade: Pass $ 66,271 189,979 16,705 6,241 38,375 2,726 320,297 Special mention 972 1,066 707 382 70 — 3,197 Substandard 926 1,523 158 — 2,972 — 5,579 Total $ 68,169 192,568 17,570 6,623 41,417 2,726 329,073 At December 31, 2014: Grade: Pass $ 51,644 31,883 6,864 645 15,788 1,398 108,222 Special mention 316 413 211 — 94 — 1,034 Substandard — 369 — — 891 — 1,260 Total $ 51,960 32,665 7,075 645 16,773 1,398 110,516 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. Loans classified as substandard or special mention are reviewed quarterly by the Company for further deterioration or improvement to determine if they are appropriately classified and whether there is any impairment. All loans are graded upon initial issuance. Further, commercial, multi-family and commercial real estate loans are generally reviewed periodically to determine the appropriate loan grading. In addition, during the renewal process of any loan, as well as if a loan becomes past due, the Company will determine the appropriate loan grade. Loans excluded from the review process above are generally classified as pass credits until: (a) they become past due; (b) management becomes aware of a deterioration in the credit worthiness of the borrower; or (c) the borrower contacts the Company for a modification. In these circumstances, the loan is specifically evaluated for potential classification as to special mention, substandard or even charged-off. The Company uses the following definitions for risk ratings: Pass Special Mention Substandard Doubtful Loss Age analysis of past-due loans is as follows (in thousands): Accruing Loans 30-59 60-89 90 Days Or Total Current Nonaccrual Total At December 31, 2015: Real estate mortgage loans: One-to-four family residential $ 255 13 — 268 67,861 40 $ 68,169 Commercial Real Estate and Multifamily 355 — — 355 191,660 553 192,568 Construction and Land 192 — — 192 17,220 158 17,570 Home Equity 11 — — 11 6,612 — 6,623 Commercial loans 193 — — 193 41,224 — 41,417 Consumer loans — — — — 2,726 — $ 2,726 Total $ 1,006 $ 13 $ — $ 1,019 $ 327,303 $ 751 $ 329,073 At December 31, 2014: Real estate mortgage loans: One-to-four family residential $ 59 — — 59 51,901 — $ 51,960 Commercial Real Estate and Multifamily — — — — 32,541 124 32,665 Construction and Land — — — — 7,075 — 7,075 Home Equity — — — — 645 — 645 Commercial loans 167 — — 167 15,838 768 16,773 Consumer loans 2 — — 2 1,396 — 1,398 Total $ 228 $ — $ — $ 228 $ 109,396 $ 892 $ 110,516 The following summarizes the amount of impaired loans (in thousands): With No Related Allowance Recorded With an Allowance Recorded Total Recorded Unpaid Recorded Unpaid Related Recorded Unpaid Related December 31,2015: Real estate mortgage loans: One-to four-family residential $ — $ — $ 460 $ 460 $ 39 $ 460 $ 460 $ 39 Commercial and Multifamily 909 1,849 — — — 909 1,849 — Construction and Land 158 164 — — — 158 164 — Commercial loans 452 482 87 92 9 539 574 9 $ 1,519 $ 2,495 $ 547 $ 552 $ 48 $ 2,066 $ 3,047 $ 48 December 31, 2014: Real estate mortgage loans: One-to four-family residential $ — $ — $ 123 $ 140 $ 12 $ 123 $ 140 $ 12 Commercial 504 1,231 3,401 3,401 289 3,905 4,632 289 Commercial loans 664 750 104 107 9 768 857 9 $ 1,168 $ 1,981 $ 3,628 $ 3,648 $ 310 $ 4,796 $ 5,629 $ 310 The average net investment in impaired loans and interest income recognized and received on impaired loans are as follows (in thousands): Average Interest Interest Recorded Income Income Investment Recognized Received For the year ended December 31, 2015: Real estate mortgage loans: One-to four-family residential $ 289 $ 18 $ 16 Commercial and Multifamily 1,317 115 135 Construction and Land 119 — 12 Commercial loans 578 28 39 $ 2,303 $ 161 $ 202 For the year ended December 31, 2014: Real estate mortgage loans: One-to four-family residential $ 1,552 $ 34 $ 66 Commercial and Multifamily 4,841 301 339 Construction and Land 102 — 2 Commercial loans 725 — 33 $ 7,220 $ 335 $ 440 Troubled Debt Restructurings (“TDR’s”) entered into during the years ended December 31, 2015 and 2014 are as follows (dollars in thousands): Number of Contracts Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Troubled Debt Restructurings: Year Ended December 31, 2015 One-to four-family residential loans - Modified interest rate and amortization 1 328 328 Year Ended December 31, 2014: Commercial loans-Modified interest rate and amortization 6 740 116 The allowance for loan losses on all loans that have been restructured and are considered TDRs is included in the Company’s specific allowance for loan losses. The specific allowance for loan losses is determined on a loan by loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, or the fair value of the collateral if the loan is collateral-dependent. TDR’s that have subsequently defaulted are considered collateral-dependent. There were no TDRs entered during the years ended December 31, 2014 or December 31, 2015 that subsequently defaulted. The Company grants real estate, commercial and consumer loans to customers primarily in the State of Florida with the majority of such loans in Hillsborough, Polk, Manatee, Orange, and Pasco Counties, Florida. Therefore, the Company’s exposure to credit risk could be significantly affected by changes in the economy and real estate market in these market areas.

Purchased Credit Impaired Loans

Purchased Credit Impaired Loans ("PCI")	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Purchased Credit Impaired Loans ("PCI")	(6) Purchased Credit Impaired Loans (“PCI”) The carrying amounts as of the acquisition date of PCI loans acquired are detailed in the following table (in thousands): During the Contractually required principal and interest at acquisition $ 1,272 Nonaccretable difference (404) Cash flows expected to be collected at acquisition 868 Accretable yield adjustment (128) Total carrying amount of PCI loans $ 740 The carrying amounts as of PCI loans at December 31, 2015 was $701,000.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment	(7) Premises and Equipment Premises and equipment are summarized as follows (in thousands): At December 31, 2015 2014 Land $ 4,971 $ 2,461 Buildings and improvements 13,286 6,158 Furniture and equipment 5,604 3,108 Total, at cost 23,861 11,727 Less accumulated depreciation and amortization (6,249 ) (5,653 ) Premises and equipment, net $ 17,612 $ 6,074

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Deposits	(8) Deposits The following is a summary of deposits at December 31, 2015 and 2014: At December 31, 2015 2014 Noninterest-bearing demand $ 89,114 $ 34,774 Interest-bearing demand 64,984 32,589 Money Market 100,348 35,208 Savings 33,645 25,100 Time under $100 39,543 23,920 Time of $100 or more 71,477 12,333 Total deposits $ 399,111 $ 163,924 Brokered deposits totaled $19.4 million at December 31, 2015. The brokered deposits included $8.3 million in reciprocal brokered deposits. There were no brokered deposits outstanding as of December 31, 2014. The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $71.5 million and $12.3 million at December 31, 2015 and 2014, respectively. Deposits in excess of $250,000 are not insured by the FDIC. At December 31, 2015, the scheduled maturities of time deposits are as follows (in thousands): Year Ending December 31, Amount 2016 $ 90,606 2017 14,130 2018 5,328 2019 708 2020 248 $ 111,020

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances	12 Months Ended
	Dec. 31, 2015
Federal Home Loan Banks [Abstract]
Federal Home Loan Bank Advances	(9) Federal Home Loan Bank Advances There were no Federal Home Loan Bank Advances (“FHLB”) advances as of December 31, 2014. A summary of FHLB advances at December 31, 2015 is presented below ($ in thousands). Maturing in the Year Ending December 31, Advance Type Interest Rate Amount 2016 Fixed Rate 0.32% $ 7,500 2016 Fixed Rate 0.37% $ 20,000 $ 27,500 At December 31, 2015, the Company had total credit availability of approximately $60.8 million with the FHLB. Advances are secured by a blanket lien on certain loans and the Company’s FHLB stock. Pursuant to the collateral agreement, borrowing capacity is determined by the amount of qualifying collateral pledged. As of December 31, 2015 the Company had qualifying collateral pledged of $86.9 million in loans and FHLB stock of $1.6 million.

Other Borrowings

Other Borrowings	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Other Borrowings	(10) Other Borrowings The Company enters into sweep agreements with customers that sweep funds from deposit accounts into investment accounts. These investment accounts are not federally insured and are treated as borrowings. At December 31, 2015, the outstanding balance of such borrowings totaled $1.4 million. The company pledged securities with a market value of $4.0 million as collateral for these agreements. There were no sweep agreements at December 31, 2014.

Available Other Borrowings

Available Other Borrowings	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Available Other Borrowings	(11) Available Other Borrowings At December 31, 2015 and 2014, the Company also has lines of credit at three financial institutions that would allow the Company to borrow up to $25.5 million and $6.0 million, respectively. Neither credit line was drawn upon at December 31, 2015 or 2014.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	(12) Fair Value Measurements There were no securities available for sale at December 31, 2014. Securities available for sale measured at fair value on a recurring basis at December 31, 2015 are summarized below (in thousands): Fair Level1 Level2 Level3 Federal Home Loan Bank obligations 15,074 — 15,074 — U.S. Government enterprise and agency obligations 14,007 — 14,007 — Mortgage-backed securities 36,863 — 36,863 — Total $ 65,944 — 65,944 — During the year ended December 31, 2015, no securities were transferred in or out of Level 1, Level 2, or Level 3. Other real estate owned which is measured at fair value on a nonrecurring basis is summarized below (in thousands): Fair Level 1 Level 2 Level 3 Total Losses At December 31, 2015: Other real estate owned $ 32 — — 32 — — At December 31, 2014: Other real estate owned $ 41 — — 41 — — Impaired collateral-dependent loans are carried at the lower of carrying value or fair value. Those impaired collateral-dependent loans which are measured at fair value or a nonrecurring basis are as follows (in thousands): Fair Value Level 1 Level 2 Level 3 Total Losses Losses Recorded During the At December 31, 2015: Commercial and Multifamily 450 — — 450 645 — Commercial 452 — — 452 72 — Total $ 902 — — 902 717 — At December 31, 2014: Commercial and Multifamily 504 — — 504 645 — Commercial 94 — — 94 74 2 Total $ 598 — — 598 719 2 Acquired assets, assumed liabilities and stockholders’ equity exchanged measured at fair value on an on recurring bases are as follows (in thousands): For the Year Ended December 31, 2015 Losses Fair Value Level 1 Level 2 Level 3 Total During the Securities available for sale $ 44,372 — 44,372 — — — Loans, net of discount $ 179,408 — — 179,408 — — Premises and equipment $ 8,727 — — 8,727 — — Federal Home Loan Bank Stock $ 1,540 — — 1,540 — — Cash surrender value of bank owned life insurance $ 4,585 — — 4,585 — — Deferred income taxes $ 2,095 — — 2,095 — — Goodwill $ 9,500 — — 9,500 — — Core deposit intangible $ 655 — — 655 — — Accrued interest $ 685 — — 685 — — Other assets $ 130 — — 130 — — Deposits $ 225,927 — — 225,927 — — FHLB Advances $ 31,480 — — 31,480 — — Other borrowings $ 3,285 — — 3,285 — — Other liabilities $ 729 — — 729 — — Preferred Stock $ 5,700 — — 5,700 — —

Off-Balance-Sheet Financial Ins

Off-Balance-Sheet Financial Instruments	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Off-Balance-Sheet Financial Instruments	(13) Off-Balance-Sheet Financial Instruments The Company is a party to financial instruments with off-balance-sheet interest-rate The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for unused lines of credit, commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance-sheet Commitments to extend credit and unused lines of credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s credit worthiness on a case-by-case Standby letters of credit are conditional lending commitments issued by the Company to guarantee the performance of a customer to a third party and to support public and private borrowing arrangements. Generally letters of credit issued have expiration dates within one year. The credit risk involved in issuing letters-of-credit is essentially the same as that involved in extending loan facilities to customers. The Company may hold collateral supporting these commitments, and at December 31, 2015 such collateral amounted to approximately $188,000. Commitments to extend credit and standby letters of credit typically result in loans with a market interest rate when funded. A summary of the amounts of the Company’s financial instruments, with off-balance-sheet risk at December 31, 2015 follows (in thousands): Contract Amount Unused lines of credit $ 44,671 Commitments to extend credit $ 23,297 Standby letters of credit $ 732

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	(14) Fair Value of Financial Instruments The estimated fair values of the Company’s financial instruments are as follows (in thousands): At December 31, 2015 At December 31, 2014 Carrying Fair Carrying Fair Financial assets: Cash and cash equivalents (Level 1) $ 59,344 59,344 20,479 20,479 Time deposits with banks (Level 1) 4,410 4,410 5,880 5,880 Securities available for sale (Level 2) 65,944 65,944 — — Securities held to maturity (Level 2) — — 75,473 75,469 Loans held for sale (Level 3) 790 806 2,012 2,028 Loans (Level 3) 326,266 330,801 108,666 113,807 Federal Home Loan Bank stock (Level 3) 1,597 1,597 180 180 Accrued interest receivable (Level 3) 1,048 1,048 613 613 Financial liabilities: Deposits (Level 3) 399,111 399,000 163,924 163,882 FHLB Advances (Level 3) 27,500 27,487 — — Off-balance-sheet financial instruments (Level 3) — — — —

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	(15) Income Taxes Allocation of Federal and state income tax benefit between current and deferred portions is as follows (in thousands): Current Deferred Total Year Ended December 31, 2015: Federal $ (731 ) $ (1,260 ) $ (1,991 ) State (107 ) (223 ) $ (330 ) Total income tax benefit $ (838 ) $ (1,483 ) $ (2,321 ) Year Ended December 31, 2014: Federal $ (98 ) $ (1,271 ) $ (1,369 ) State — (221 ) $ (221 ) Total income tax benefit $ (98 ) $ (1,492 ) $ (1,590 ) The reasons for the differences between the statutory Federal income tax rate and the effective tax rate are as follows ($ in thousands): Year Ended December 31, 2015 2014 Amount % Amount % Income taxes (benefit) at Federal statutory rate $ (1,547 ) (34.0 %) $ (1,378 ) (34.0 %) Increase (decrease) in taxes resulting from: State taxes, net of Federal tax benefit (218 ) (4.8 %) (146 ) (3.6 %) Officer’s life insurance (747 ) (16.4 %) — — Other, net 191 4.2 % (66 ) (1.6 %) Total $ (2,321 ) (51.0 %) $ (1,590 ) (39.2 %) The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below (in thousands): At December 31, 2015 2014 Deferred tax assets: Allowance for loan losses $ 879 $ 642 Net operating loss carryforwards 4,029 1,739 Deferred compensation 858 780 Deferred loan fees 111 47 Alternative minimum tax credits 224 169 Accrued interest income 143 56 Premises and Equipment — 45 Unrealized loss on Securities AFS 66 — Other 247 6 Deferred tax assets 6,557 3,484 Deferred tax liabilities: Officers life insurance — (702 ) Premises and equipment (18 ) — Fair Market Value adjustments (113 ) — Deferred tax liabilities (131 ) (702 ) Net deferred tax asset $ 6,426 $ 2,782 At December 31, 2015, the Company has net operating loss carryforwards of approximately $10.5 million available to offset future taxable income. These carryforwards will begin to expire as follows: Year Amount 2033 $ 764 2034 4,548 2035 5,148 $ 10,460 The Company performs periodic evaluations on the deferred tax asset to determine if a valuation allowance is necessary. The analysis weighs positive evidence against negative evidence to determine if it is more likely than not to recognize the future benefit of the deferred tax asset. The Company’s analysis includes internal forecasts that demonstrate the Company’s ability to fully utilize the deferred tax asset prior to the expiration of the related net operating loss periods discussed above. The Company was profitable during 2013. The Company’s internal forecasts include growth assumptions relating to loans, noninterest income and noninterest expense, as well as estimating loan losses and other nonrecurring items. Management determined that a valuation allowance against the deferred tax asset was not necessary at December 31, 2015 or 2014. The Company files income tax returns in the U.S. federal jurisdiction and the State of Florida. The Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2012.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	(16) Contingencies Various legal claims arise from time to time in the normal course of business which, in the opinion of management, will have no material effect on the Company’s financial statements. As of December 31, 2015, there is no pending or threatened litigation of which management is aware.

Lease Obligations

Lease Obligations	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Lease Obligations	(17) Lease Obligations We are obligated under operating leases for two of our banking offices. For the years ended December 31, 2015 and 2014 rental expense under operating leases was $83,000 and $0, respectively, which is included in the occupancy and equipment expenses. Office leases generally include renewal options for various additional terms after the expiration of the initial term of each lease, which are not included in the future minimum lease payments below. At December 31, 2015, future minimum lease payments for the fixed, non-cancelable terms of operating leases are as follows: 2016 $ 179 2017 184 2018 135 2019 99 2020 76 Thereafter — $ 673

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Parties	(18) Related Parties In the ordinary course of business, the Company makes loans to and accepts deposits from its executive officers and directors and their related entities. The activity is as follows (in thousands): Year Ended December 31, 2015 2014 Loans: Balance at beginning of year $ 268 $ 280 Additions 1,101 — Repayments (481 ) (12 ) Balance at end of year $ 888 $ 268 Deposits at end of year $ 3,297 $ 2,503

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Employee Benefit Plans	(19) Employee Benefit Plans The Company has a 401(k) Profit Sharing plan. For the years ended December 31, 2015 and 2014, the Company’s contributions were approximately $93,000 and $61,000, respectively. The Company provides supplemental executive retirement plans for certain of its officers. The terms of the plan agreements provide for a specific percentage of the participants compensation to be accrued for deferred compensation. The Company is accruing interest on these amounts at a rate of 6%. The benefits vest at various times and will be paid upon retirement, death or disability. For the years ended December 31, 2015 and 2014, the Company expense in connection with the plans was approximately $381,000 and $172,000, respectively. At December 31, 2015 and 2013, the balance in the accrued deferred compensation accounts was $2.3 million and $2.1 million, respectively, and it was included with other liabilities in the consolidated balance sheets.
Employee Stock Ownership Plan [Member]
Employee Benefit Plans	(23) Employee Stock Ownership Plan Effective July 14, 2014, the Holding Company established an ESOP which acquired 8% of the total number of shares of common stock sold during the Company’s initial public offering. A total of 338,560 shares were acquired in exchange for a $3,385,600 indirect note payable from the Employee Stock Ownership Plan Trust to the Holding Company. The note bears interest at a variable rate based on Prime and is payable in thirty annual installments. As of December 31, 2015, 22,571 shares held by the Employee Stock Ownership Plan Trust have been released and allocated to employees. ESOP shares were as follows ($ in thousands, except per share amounts): 2015 2014 Allocated shares 22,571 11,285 Unallocated shares 315,989 327,275 Total ESOP shares 338,560 338,560 Fair value of unallocated shares $ 4,803 $ 4,003

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	(20) Stock-Based Compensation On August 26, 2015, stockholders approved the Company’s 2015 Equity Incentive Plan (the “Plan”), which provides for the grant of stock-based awards to officers, employees and directors of the Company. The Plan authorizes the issuance or delivery to participants of up to 592,480 shares of the Company’s common stock pursuant to grants of incentive and non-statutory stock options, restricted stock awards and restricted stock units. Of this number, the maximum number of shares that may be issued pursuant to the exercise of stock options is 423,200 shares, and the maximum number of shares that may be issued as restricted stock awards or restricted stock units is 169,280 shares. During the year, 372,760 stock options were granted, leaving 50,440 available for future grants. Additionally, 162,248 shares of restricted stock were granted leaving 7,032 shares available for future grants. Generally the grants vest over a five year period with the first 20% of each grant vesting immediately. The Company will recognize the remaining unearned compensation over the remaining vesting period of four years. The fair value of options is measured on the grant date using the Black-Scholes option-pricing model. The Company’s assumptions included the one year Treasury-bill rate to establish a risk free interest rate of 0.32%, expected volatility of 16.7%, and an expected life of seven years. At December 31, 2015 no restricted stock units have been granted. The following table summarizes the outstanding stock options and restricted stock under the 2015 Equity Plan at December 31, 2015: Stock Options Options Issued Exercise Price Expiration Date Options Options Forfeited Date of Issuance October 29, 2015 372,760 $ 13.96 October 29, 2025 74,552 19,013 Restricted Stock Shares Issued Fair Value Per Share Shares Shares withheld for income Shares Forfeited Date of Issuance October 29, 2015 162,248 $ 13.96 32,460 6,403 3,524 Compensation Expense (in 000’s) Stock Options $ 227 Restricted Shares 453 Fair Value of Shares withheld for income tax purposes (89 ) Stock-based compensation expense $ 591 Unearned Compensation (in 000’s) Stock Options Issued $ 907 Restricted Shares Issued 1,812 Total unearned compensation $ 2,719

Dividend Restrictions

Dividend Restrictions	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Dividend Restrictions	(21) Dividend Restrictions The Holding Company is limited in the amount of cash dividends it may declare and pay by the amount of dividends it can receive from the Bank. The Bank is limited in the amount of cash dividends that may be paid based on current regulations governing national associations. In addition, bank regulators have the authority to prohibit banks from paying dividends if they deem such payment to be an unsafe or unsound practice.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Regulatory Matters	(22) Regulatory Matters Effective January 1, 2015, the Bank became subject to new capital requirements set forth by federal banking regulations. These changes were designed to ensure capital positions remain strong during the events of economic downturns or unforeseen losses. The Company is exempt from consolidated capital requirements as the Federal Reserve Board amended its “small bank holding company” policy statement to generally exempt savings and loan holding companies with less than $1.0 billion in assets from capital requirements. These new requirements create a new capital ratio for common equity Tier 1 capital and increase the Tier 1 capital ratio requirements. Under the new capital regulation for the Bank, the minimum capital ratios consist of a common equity tier 1 ratio of 4.5% of risk-weighted assets, a tier 1 capital ratio of 6.0% of risk-weighted assets, a total capital ratio of 8.0% of risk weighted assets, and a leverage ratio of 4.0%.Common equity tier 1 generally comprises of common stock, additional paid in capital, and retained income. There were changes in the risk weighting of certain assets to better reflect the risk associated with those assets, such as the risk weighting for nonperforming loans and certain high volatility commercial real estate acquisitions, development and construction loans. The changes also include additional limitations on the inclusion of deferred tax asset in capital. The Bank made a one-time election to exclude accumulated other comprehensive income from regulatory capital in order to reduce the impact of market volatility on regulatory capital. The following table shows the Bank’s capital amounts and ratios and regulatory thresholds at December 31, 2015 and 2014. Actual Minimum for Capital Minimum to be Well Amount % Amount % Amount % December 31, 2015 Common Equity Tier 1 Capital to Risk-Weighted Assets $ 45,056 12.44 % $ 16,297 4.50 % $ 23,540 6.50 % Tier I Capital to Risk-Weighted Assets 45,056 12.44 21,729 6.00 28,972 8.00 Total Capital to Risk-Weighted Assets 47,567 13.13 28,972 8.00 36,215 10.00 Tier I Capital to Total Assets 45,056 9.76 18,466 4.00 23,082 5.00 December 31, 2014 Tier I Capital to Risk-Weighted Assets $ 38,581 32.57 $ 4,738 4.00 % $ 7,107 6.00 Total Capital to Risk-Weighted Assets 40,064 33.82 9,477 8.00 11,846 10.00 Tier I Capital to Total Assets 38,581 16.99 9,083 4.00 11,354 6.00 As of December 31, 2015, the Bank was well capitalized under all capital ratios. There are no conditions or events since that notification that management believes have changed the institution’s capitalization category.

Loss Per Share

Loss Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Loss Per Share	(24) Loss Per Share Basic loss per share has been computed on the basis of the weighted-average number of shares of common stock outstanding. For the year ended December 31, 2015, basic and diluted loss per share is the same due the stock options not being considered dilutive due to the loss incurred by the Company. The shares purchased by the Employee Stock Ownership Plan are included in the weighted-average shares when they are committed to be released ($ in thousands, except per share amounts): Net loss Weighted Per Share Year Ended December 31, 2015: Basic and Dilutive loss per share: Net loss available to common stockholders $ (2,245 ) 3,993,560 $ (0.56 ) The Conversion was completed on July 14, 2014. Loss per share was not computed until January 1, 2015, as if the Conversion from a mutual savings bank to a capital stock holding company occurred on that date.

Parent Company Only Financial I

Parent Company Only Financial Information	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Parent Company Only Financial Information	(25) Parent Company Only Financial Information The holding Company’s unconsolidated financial information at December 31, 2015 and for the year ended December 31, 2014 are as follows: Condensed Balance Sheet (in thousands) December 31, 2015 2014 Assets Cash $ 11,671 $ 17,035 Investment in Subsidiary 56,193 41,317 Other assets 3,604 3,307 Total Assets $ 71,468 $ 61,659 Liabilities Other liabilities $ 74 $ 33 Stockholder’s Equity Stockholder’s Equity 71,394 61,626 Total liabilities and Stockholder Equity $ 71,468 $ 61,659 Condensed Statement of Operations (in thousands) December 31, 2015 2014 Revenues $ 106 $ 51 Expenses (1,222 ) (172 ) Income tax benefit 319 46 Loss before net loss of subsidiary (797 ) (75 ) Net loss of subsidiary (1,434 ) (2,386 ) Net loss $ (2,231 ) $ (2,461 ) Condensed Statement of Cash Flows (in thousands) December 31, 2015 2014 Net loss: $ (2,231 ) $ (2,461 ) Adjustments to reconcile net loss to net cash used in operating activities: Equity in loss of subsidiary 1,434 2,386 Change in other assets (297 ) (3,307 ) Change in accrued expenses and other liabilities 41 33 Stock-based compensation expense 220 — Net cash used in operating activities (833 ) (3,349 ) Cash flows from investing activities: Dividends received from subsidiary 18,800 — Cash received in acquisition (34,676 ) — Investment to bank subsidiary, net ESOP — (17,015 ) Net cash used in investing activities (15,876 ) (17,015 ) Cash flows from financing activities: Net proceeds received from stock issuance 11,359 37,399 Payment of Dividend to Preferred Stock (14 ) Net cash provided by financing activities 11,345 37,399 Net (Decrease) Increase in Cash $ (5,364 ) $ 17,035 Cash at beginning of year 17,035 — Cash at end of year 11,671 17,035 Noncash items: Accumulated other comprehensive loss, net change in unrealized gain on securities available for sale, net of taxes $ (108 ) $ — Employee stock option expense from subsidiary $ 371 $ — Employee stock ownership plan expense from subsidiary $ 171 $ 136

Organization and Significant 33

Organization and Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization. The conversion was accounted for as a change in corporate form with the historic basis of the Bank’s assets, liabilities and equity unchanged as a result. In connection with the Conversion, the Holding Company implemented an ESOP, to provide eligible employees the opportunity to own the Company’s stock. This plan is a tax-qualified retirement plan for the benefit of all Bank employees. A total of 338,560 shares of the stock issued in the conversion were acquired by the ESOP. The Bank operations are conducted from the main banking office in Plant City, Florida and eleven additional full service banking offices located in Brandon, Riverview, Lakeland, Zephyrhills, Bartow, Plant City, Sarasota, Bradenton, Winter Haven, Tampa, and Orlando, Florida. The Bank’s deposits are insured up to the applicable limits by the Federal Deposit Insurance Corporation (“FDIC”). As part of the Conversion, the Holding Company established a liquidation account in an amount equal to retained income of $26.6 million described in the final prospectus. The liquidation account will be maintained for the benefit of eligible account holders who maintain deposit accounts in the Bank after the conversion.
Basis of Presentation	Basis of Presentation.
Use of Estimates	Use of Estimates.
Acquisition Method of Accounting	Acquisition Method of Accounting. Accounting for business combination under GAAP acquisition method prohibits “carrying over” valuation allowances, such as the allowance for loan losses. Uncertainties relating to the expected future cash flows is reflected in the fair value measurement of the acquired loans and reflected in the purchase price. The Bank will establish loan loss allowances for the acquired loans in periods after the acquisition, but only for losses incurred on these loans due to credit deterioration after acquisition.
Purchased Credit-Impaired Loans	Purchased Credit-Impaired Loans. As a result of the Company’s recent acquisition, the Company individually evaluated three PCI loans. These acquired loans were recorded on the acquisition date at fair value. The Company estimates the amount and timing of expected cash flows for each individually analyzed loan. Estimated cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan. On a quarterly basis, the Company will update the amount of loan principal and interest cash flows expected to be collected, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of current market conditions. Probable decreases in expected loan principal cash flows trigger the recognition of impairment, which is then measured as the present value of the expected principal loss plus any related foregone interest cash flows discounted at the loan’s effective interest rate. Impairments that occur after the acquisition date are recognized through the allowance for loan losses. Probable and significant increases in expected cash flows would first reverse any previously recorded allowance for loan losses; any remaining increases are recognized prospectively as interest income. The impacts of (i) prepayments, (ii) changes in variable interest rates, and (iii) any other changes in the timing of expected cash flows are recognized prospectively as adjustments to interest income. Disposals of loans, which may include sales of loans, receipt of payments in full by the borrower, or foreclosure, result in removal of the loan from the PCI portfolio.
Goodwill and Core Deposit Intangible	Goodwill and Core Deposit Intangible.
Cash and Cash Equivalents	Cash and Cash Equivalents. The Bank is required under Federal Reserve Board regulations to maintain cash reserves, generally consisting of deposits with the Federal Reserve Bank, of cash or noninterest-earning accounts with qualifying banks, against its transaction accounts. At December 31, 2015 and 2014, the Bank’s cash reserve requirements were $6,348,000 and $1,883,000, respectively.
Securities	Securities.
Loans Held for Sale	Loans Held for Sale.
Loans	Loans. pay-off charge-offs, Loan origination fees are deferred and certain direct origination costs are capitalized. The net amount are deferred and are recognized as an adjustment of the yield of the related loan. The accrual of interest on all portfolio classes, including troubled debt restructurings, is discontinued at the time the loan is more than ninety days delinquent unless the loan is well collateralized and in process of collection. Nonaccrual loans are reviewed for charge-off if more than ninety-days past due, except for residential loans and consumer loans. Residential loans are reviewed at 180 days and consumer loans are reviewed at 120 days past due. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered unlikely. All interest accrued but not collected for loans placed on nonaccrual or charged-off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. In addition, a loan should be in accordance with the contractual terms for a reasonable period of time, usually requiring a payment history of six months.
Allowance for Loan Losses	Allowance for Loan Losses. The allowance for loan losses is evaluated on a quarterly basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the size and composition of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. For such loans, an allowance is established when the discounted cash flows, collateral value or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on historical loss experience adjusted for qualitative factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding eight quarters. This is supplemented by the risks for each portfolio segment. Risk factors impacting loans in each of the portfolio segments include broad deterioration of property values, reduced consumer and business spending as a result of unemployment and reduced credit availability and lack of confidence in the economy. The historical experience is adjusted for the following qualitative factors: (a) the existence and effect of any concentrations of credit and changes in the level of such concentrations; (b) changes in national, regional and local economic conditions that affect the collectability of the loan portfolio; (c) changes in levels or trends in charge-offs and recoveries; (d) changes in the volume and severity of past due loans, nonaccrual loans or loans classified special mention, substandard, doubtful or loss; (e) changes in the nature and volume of the loan portfolio and terms of loans; (f) changes in lending policies and procedures, risk selection and underwriting standards; (g) changes in the experience, ability and depth of lending management and other relevant staff; (h) quality of loan review; (i) the effect of other external factors, trends or uncertainties that could affect management’s estimate of probable losses, such as competition and industry conditions. Allowance for Loan Losses, Continued. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment disclosures.
Income Taxes	Income Taxes. Uncertain tax positions are recognized if it is more likely than not that the tax position will be realized or sustained upon examination including resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. As of December 31, 2015, management is not aware of any uncertain tax positions that would have a material effect on the Company’s consolidated financial statements. The Company recognizes interest and penalties on income taxes as a component of income taxes.
Premises and Equipment	Premises and Equipment straight-line
Other Real Estate Owned	Other Real Estate Owned.
Fair Value Measurements	Fair Value Measurements. Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities that are not active; and model-driven valuations whose inputs are observable or whose significant value drivers are observable. Valuations may be obtained from, or corroborated by, third-party pricing services. Level 3: Unobservable inputs to measure fair value of assets and liabilities for which there is little, if any market activity at the measurement date, using reasonable inputs and assumptions based upon the best information at the time, to the extent that inputs are available without undue cost and effort. The following describes valuation methodologies used for assets and liabilities measured at fair value: Impaired Loans Other Real Estate Owned. Assets Acquired and Liabilities Assumed Level 3 inputs were utilized to value the acquired loan portfolio and included the use of present value techniques employing cash flow estimates and the incorporated assumptions that marketplace participants would use in estimating fair values. In instances where reliable market information was not available, the Company used its own assumptions in an effort to determine reasonable fair value adjustments required under GAAP. Core deposit premium represents the value assigned to demand, interest checking, money market and savings accounts assumed as part of an acquisition. The core deposit premium value represents the future economic benefit and was valued utilizing Level 3 inputs. Certificates of deposit (time deposits) are not considered to be core deposits as they are assumed to have a low expected average life upon acquisition. The fair value of certificates of deposits represents the present value of the certificates’ expected contractual payments discounted by market rates for similar CDs and is valued utilizing Level 3 inputs. The estimated fair values of the borrowings were calculated utilizing Level 3 inputs. The prices for these instruments are based upon the termination costs of the borrowings shortly after the acquisition date.
Off-Balance-Sheet Financial Instruments	Off-Balance-Sheet off-balance-sheet
Fair Values of Financial Instruments	Fair Values of Financial Instruments. Cash and Cash Equivalents . Time Deposits with Banks . Securities . Loans . Federal Home Loan Bank Stock. Accrued Interest Receivable. Deposit. FHLB Advances. Off-Balance-Sheet Financial Instruments.
Comprehensive Loss	Comprehensive Loss .
Share-Based Compensation	Share-Based Compensation .
Earnings (Loss) per Share	Earnings (Loss) per Share.
Recent Accounting Standards Update	Recent Accounting Standards Update. During February 2016, the FASB issued new guidance related to Leases During January 2016, the FASB issued new guidance related to Financial Instruments During September 2015, the FASB issued new guidance related to Business Combinations During April 2015, the FASB issued new guidance related to Debt Issuance Costs
Reclassifications	Reclassifications.

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Summary of Fair Value of Assets Acquired, Liabilities Assumed and Stockholders' Equity Exchanged	The following table summarizes the fair value of assets acquired, liabilities assumed and stockholders’ equity exchanged on the date of acquisition and for the year ended December 31, 2015 in total. Community Southern First Federal Total Cash and cash equivalents $ 10,183 $ 38,165 $ 48,348 Securities available for sale 44,372 — 44,372 Loans 171,476 7,932 179,408 Premises and equipment 6,097 2,630 8,727 Federal Home Loan Bank stock 1,540 — 1,540 Bank owned life insurance 4,585 — 4,585 Deferred tax asset 2,095 — 2,095 Goodwill 8,662 838 9,500 Core deposit intangible 588 67 655 Accrued interest receivable 685 — 685 Other real estate owned 32 — 32 Other assets 82 16 98 Total assets acquired $ 250,397 $ 49,648 $ 300,045 Deposits 178,912 47,015 225,927 Federal Home Loan Bank advances 31,480 — 31,480 Other borrowings 3,285 — 3,285 Other liabilities 726 3 729 Preferred Stock 5,700 — 5,700 Total liabilities assumed 220,103 47,018 267,121 Net assets acquired $ 30,294 $ 2,630 $ 32,924
Summary of Actual and Unaudited Pro Forma Information	The following table presents financial information regarding the former Community Southern Holdings, Inc. operations excluded from the Consolidated Statement of Operations prior to the date of acquisition: Actual from January 1, 2015 (Unaudited) (in thousands) Net interest income $ 3,642 Noninterest income $ 331 Net loss $ (1,470 ) The following table presents unaudited pro forma information as if the acquisition of Community Southern Holdings, Inc. had occurred on January 1, 2015. Unaudited pro forma information 2015 2014 (in thousands, except per share data) Net interest income $ 14,417 $ 10,379 Noninterest income $ 1,960 $ 1,330 Net (Loss) income $ (3,873 ) $ 1,452 Pro forma Loss per share-Basic and Diluted $ (0.90 ) N/A

Goodwill and Other Intangible35

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Future Expected Amortization of Core Deposit Intangibles	The future expected amortization of CDI with determinable useful lives as of December 31, 2015 are as follows (in thousands): Year Ending December 31, Amount 2016 $ 114 2017 102 2018 90 2019 78 2020 66 Thereafter 152 $ 602

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value of Securities	The amortized cost and fair values of securities are as follows (in thousands): Securities Available for Sale: Amortized Gross Unrealized Gross Unrealized Fair December 31, 2015: Federal Home Loan Bank obligations $ 15,074 6 (6 ) $ 15,074 U.S. Government enterprise and agency obligations 14,037 7 (37 ) 14,007 Agency Mortgage-backed securities 37,007 — (144 ) 36,863 Total $ 66,118 13 (187 ) $ 65,944 Securities held for maturity: December 31, 2014: U.S. Treasury securities $ 5,025 5 — $ 5,030 Federal Home Loan Bank obligations 23,269 24 (50 ) 23,243 U.S. Government enterprise and agency obligations 29,799 84 (85 ) 29,798 Agency Mortgage-backed securities 17,380 19 (1 ) 17,398 Total $ 75,473 132 (136 ) $ 75,469
Scheduled Maturities of Securities	The amortized cost and fair value of securities at December 31, 2015, by contractual maturity, are shown below. Securities Available for sale Amortized Cost Fair Value Due in one year or less $ 10,069 $ 10,071 Due from one year to five years 19,042 19,010 Agency Mortgage-backed securities 37,007 36,863 $ 66,118 $ 65,944
Summary of Securities Available for Sale Sold	Securities available for sale sold during the year ended December 31, 2015, are summarized as follows (in thousands): Proceeds received from sale $ 60,369 Gross Gains on sale $ 195
Schedule of Securities Unrealized Loss Position	Securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows (in thousands): Less Than Twelve Months More than Twelve Months Gross Unrealized Loss Fair Value Gross Fair Securities Available for sale: At December 31, 2015: Federal Home Loan Bank obligations $ (6 ) $ 6,018 $ — $ — U.S Government enterprise and agency obligations (37 ) 12,000 — — Agency Mortgage-backed securities (144 ) 36,863 — — Totals $ (187 ) $ 54,881 $ — $ — Securities held for maturity: At December 31, 2014: Federal Home Loan Bank obligations $ (13 ) $ 7,055 $ (37 ) $ 3,995 U.S Government enterprise and agency obligations (50 ) 14,957 (35 ) 4,001 Agency Mortgage-backed securities (1 ) 1,964 — — Totals $ (64 ) $ 23,976 $ (72 ) $ 7,996

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of Loan Portfolio Segments and Classes	The portfolio segments and classes of loans are as follows (in thousands): At December 31, 2015 2014 Real estate loans: One-to-four-family residential $ 68,169 $ 51,960 Commercial real estate and multi-family 192,568 32,665 Construction and land 17,570 7,075 Home equity 6,623 645 Total real estate loans 284,930 92,345 Commercial loans 41,417 16,773 Consumer loans 2,726 1,398 Total loans 329,073 110,516 Deduct: Deferred loan fees, net (296 ) (124 ) Allowance for loan losses (2,511 ) (1,726 ) Loans, net $ 326,266 $ 108,666
Schedule of Change in Allowance for Loan Losses	An analysis of the change in the allowance for loan losses follows (in thousands): Real Estate Commercial Consumer Unallocated Total Year Ended December 31, 2015: Beginning balance $ 1,409 $ 308 $ 9 $ — $ 1,726 Provision (credit) for loan losses (185 ) (382 ) 16 551 — Charge-offs (1 ) (9 ) (4 ) — (14 ) Recoveries 131 666 2 — 799 Ending balance $ 1,354 $ 583 $ 23 $ 551 $ 2,511 Individually evaluated for impairment: Recorded investment $ 1,527 539 — — $ 2,066 Balance in allowance for loan losses $ 39 9 — — $ 48 Collectively evaluated for impairment: Recorded investment $ 282,760 40,820 2,726 — $ 326,306 Balance in allowance for loan losses $ 1,315 574 23 551 $ 2,463 Acquired with deteriorated credit quality Recorded Investment $ 643 58 — — $ 701 Balance in allowance for loan losses $ — — — — $ — Year Ended December 31, 2014: Beginning balance $ 1,417 $ 208 $ 10 $ 83 $ 1,718 Provision (credit) for loan losses 1,333 1,245 5 (83 ) 2,500 Charge-offs (1,362 ) (1,213 ) (16 ) — (2,591 ) Recoveries 21 68 10 — 99 Ending balance $ 1,409 $ 308 $ 9 $ — $ 1,726 Individually evaluated for impairment: Recorded investment $ 4,028 768 — — $ 4,796 Balance in allowance for loan losses $ 301 9 — — $ 310 Collectively evaluated for impairment: Recorded investment $ 88,317 16,005 1,398 — $ 105,720 Balance in allowance for loan losses $ 1,108 299 9 — $ 1,416
Summary of Loan Credit Quality	The following summarizes the loan credit quality (in thousands): Real Estate Loans One-to Commercial Construction Four-Family Real Estate/ and Home Residential Multi Family Land Equity Commercial Consumer Total Credit Risk Profile by Internally Assigned Grade: At December 31, 2015: Grade: Pass $ 66,271 189,979 16,705 6,241 38,375 2,726 320,297 Special mention 972 1,066 707 382 70 — 3,197 Substandard 926 1,523 158 — 2,972 — 5,579 Total $ 68,169 192,568 17,570 6,623 41,417 2,726 329,073 At December 31, 2014: Grade: Pass $ 51,644 31,883 6,864 645 15,788 1,398 108,222 Special mention 316 413 211 — 94 — 1,034 Substandard — 369 — — 891 — 1,260 Total $ 51,960 32,665 7,075 645 16,773 1,398 110,516
Age Analysis of Past Due Loans	Age analysis of past-due loans is as follows (in thousands): Accruing Loans 30-59 60-89 90 Days Or Total Current Nonaccrual Total At December 31, 2015: Real estate mortgage loans: One-to-four family residential $ 255 13 — 268 67,861 40 $ 68,169 Commercial Real Estate and Multifamily 355 — — 355 191,660 553 192,568 Construction and Land 192 — — 192 17,220 158 17,570 Home Equity 11 — — 11 6,612 — 6,623 Commercial loans 193 — — 193 41,224 — 41,417 Consumer loans — — — — 2,726 — $ 2,726 Total $ 1,006 $ 13 $ — $ 1,019 $ 327,303 $ 751 $ 329,073 At December 31, 2014: Real estate mortgage loans: One-to-four family residential $ 59 — — 59 51,901 — $ 51,960 Commercial Real Estate and Multifamily — — — — 32,541 124 32,665 Construction and Land — — — — 7,075 — 7,075 Home Equity — — — — 645 — 645 Commercial loans 167 — — 167 15,838 768 16,773 Consumer loans 2 — — 2 1,396 — 1,398 Total $ 228 $ — $ — $ 228 $ 109,396 $ 892 $ 110,516
Summary of Impaired Loans	The following summarizes the amount of impaired loans (in thousands): With No Related Allowance Recorded With an Allowance Recorded Total Recorded Unpaid Recorded Unpaid Related Recorded Unpaid Related December 31,2015: Real estate mortgage loans: One-to four-family residential $ — $ — $ 460 $ 460 $ 39 $ 460 $ 460 $ 39 Commercial and Multifamily 909 1,849 — — — 909 1,849 — Construction and Land 158 164 — — — 158 164 — Commercial loans 452 482 87 92 9 539 574 9 $ 1,519 $ 2,495 $ 547 $ 552 $ 48 $ 2,066 $ 3,047 $ 48 December 31, 2014: Real estate mortgage loans: One-to four-family residential $ — $ — $ 123 $ 140 $ 12 $ 123 $ 140 $ 12 Commercial 504 1,231 3,401 3,401 289 3,905 4,632 289 Commercial loans 664 750 104 107 9 768 857 9 $ 1,168 $ 1,981 $ 3,628 $ 3,648 $ 310 $ 4,796 $ 5,629 $ 310 The average net investment in impaired loans and interest income recognized and received on impaired loans are as follows (in thousands): Average Interest Interest Recorded Income Income Investment Recognized Received For the year ended December 31, 2015: Real estate mortgage loans: One-to four-family residential $ 289 $ 18 $ 16 Commercial and Multifamily 1,317 115 135 Construction and Land 119 — 12 Commercial loans 578 28 39 $ 2,303 $ 161 $ 202 For the year ended December 31, 2014: Real estate mortgage loans: One-to four-family residential $ 1,552 $ 34 $ 66 Commercial and Multifamily 4,841 301 339 Construction and Land 102 — 2 Commercial loans 725 — 33 $ 7,220 $ 335 $ 440
Summary of Troubled Debt Restructurings	Troubled Debt Restructurings (“TDR’s”) entered into during the years ended December 31, 2015 and 2014 are as follows (dollars in thousands): Number of Contracts Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Troubled Debt Restructurings: Year Ended December 31, 2015 One-to four-family residential loans - Modified interest rate and amortization 1 328 328 Year Ended December 31, 2014: Commercial loans-Modified interest rate and amortization 6 740 116

Purchased Credit Impaired Loa38

Purchased Credit Impaired Loans ("PCI") (Tables)	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Summary of Carrying Amounts as of Acquisition Date of PCI Loans Acquired	The carrying amounts as of the acquisition date of PCI loans acquired are detailed in the following table (in thousands): During the Contractually required principal and interest at acquisition $ 1,272 Nonaccretable difference (404) Cash flows expected to be collected at acquisition 868 Accretable yield adjustment (128) Total carrying amount of PCI loans $ 740

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Summary of Premises and Equipment	Premises and equipment are summarized as follows (in thousands): At December 31, 2015 2014 Land $ 4,971 $ 2,461 Buildings and improvements 13,286 6,158 Furniture and equipment 5,604 3,108 Total, at cost 23,861 11,727 Less accumulated depreciation and amortization (6,249 ) (5,653 ) Premises and equipment, net $ 17,612 $ 6,074

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Summary of Deposits	The following is a summary of deposits at December 31, 2015 and 2014: At December 31, 2015 2014 Noninterest-bearing demand $ 89,114 $ 34,774 Interest-bearing demand 64,984 32,589 Money Market 100,348 35,208 Savings 33,645 25,100 Time under $100 39,543 23,920 Time of $100 or more 71,477 12,333 Total deposits $ 399,111 $ 163,924
Schedule of Maturities of Time Deposits	At December 31, 2015, the scheduled maturities of time deposits are as follows (in thousands): Year Ending December 31, Amount 2016 $ 90,606 2017 14,130 2018 5,328 2019 708 2020 248 $ 111,020

Federal Home Loan Bank Advanc41

Federal Home Loan Bank Advances (Tables)	12 Months Ended
	Dec. 31, 2015
Federal Home Loan Banks [Abstract]
Summary of Federal Home Loan Bank Advances	A summary of FHLB advances at December 31, 2015 is presented below ($ in thousands). Maturing in the Year Ending December 31, Advance Type Interest Rate Amount 2016 Fixed Rate 0.32% $ 7,500 2016 Fixed Rate 0.37% $ 20,000 $ 27,500

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Summary of Securities Measured at Fair Value on a Recurring Basis	Securities available for sale measured at fair value on a recurring basis at December 31, 2015 are summarized below (in thousands): Fair Level1 Level2 Level3 Federal Home Loan Bank obligations 15,074 — 15,074 — U.S. Government enterprise and agency obligations 14,007 — 14,007 — Mortgage-backed securities 36,863 — 36,863 — Total $ 65,944 — 65,944 —
Impaired Collateral-Dependent Loans and Other Real Estate Owned Measured at Fair Value on a Nonrecurring Basis	Other real estate owned which is measured at fair value on a nonrecurring basis is summarized below (in thousands): Fair Level 1 Level 2 Level 3 Total Losses At December 31, 2015: Other real estate owned $ 32 — — 32 — — At December 31, 2014: Other real estate owned $ 41 — — 41 — — Impaired collateral-dependent loans are carried at the lower of carrying value or fair value. Those impaired collateral-dependent loans which are measured at fair value or a nonrecurring basis are as follows (in thousands): Fair Value Level 1 Level 2 Level 3 Total Losses Losses Recorded During the At December 31, 2015: Commercial and Multifamily 450 — — 450 645 — Commercial 452 — — 452 72 — Total $ 902 — — 902 717 — At December 31, 2014: Commercial and Multifamily 504 — — 504 645 — Commercial 94 — — 94 74 2 Total $ 598 — — 598 719 2
Acquired Assets, Assumed Liabilities and Stockholders' Equity Measured at Fair Value on a Nonrecurring Basis	Acquired assets, assumed liabilities and stockholders’ equity exchanged measured at fair value on an on recurring bases are as follows (in thousands): For the Year Ended December 31, 2015 Losses Fair Value Level 1 Level 2 Level 3 Total During the Securities available for sale $ 44,372 — 44,372 — — — Loans, net of discount $ 179,408 — — 179,408 — — Premises and equipment $ 8,727 — — 8,727 — — Federal Home Loan Bank Stock $ 1,540 — — 1,540 — — Cash surrender value of bank owned life insurance $ 4,585 — — 4,585 — — Deferred income taxes $ 2,095 — — 2,095 — — Goodwill $ 9,500 — — 9,500 — — Core deposit intangible $ 655 — — 655 — — Accrued interest $ 685 — — 685 — — Other assets $ 130 — — 130 — — Deposits $ 225,927 — — 225,927 — — FHLB Advances $ 31,480 — — 31,480 — — Other borrowings $ 3,285 — — 3,285 — — Other liabilities $ 729 — — 729 — — Preferred Stock $ 5,700 — — 5,700 — —

Off-Balance-Sheet Financial I43

Off-Balance-Sheet Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Summary of Amounts of Bank's Financial Instruments, with Off-Balance-Sheet Risk	A summary of the amounts of the Company’s financial instruments, with off-balance-sheet risk at December 31, 2015 follows (in thousands): Contract Amount Unused lines of credit $ 44,671 Commitments to extend credit $ 23,297 Standby letters of credit $ 732

Fair Value of Financial Instr44

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Estimated Fair Value of Financial Instruments	The estimated fair values of the Company’s financial instruments are as follows (in thousands): At December 31, 2015 At December 31, 2014 Carrying Fair Carrying Fair Financial assets: Cash and cash equivalents (Level 1) $ 59,344 59,344 20,479 20,479 Time deposits with banks (Level 1) 4,410 4,410 5,880 5,880 Securities available for sale (Level 2) 65,944 65,944 — — Securities held to maturity (Level 2) — — 75,473 75,469 Loans held for sale (Level 3) 790 806 2,012 2,028 Loans (Level 3) 326,266 330,801 108,666 113,807 Federal Home Loan Bank stock (Level 3) 1,597 1,597 180 180 Accrued interest receivable (Level 3) 1,048 1,048 613 613 Financial liabilities: Deposits (Level 3) 399,111 399,000 163,924 163,882 FHLB Advances (Level 3) 27,500 27,487 — — Off-balance-sheet financial instruments (Level 3) — — — —

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Summary of Federal and State Income Tax Benefit Between Current and Deferred Portions	Allocation of Federal and state income tax benefit between current and deferred portions is as follows (in thousands): Current Deferred Total Year Ended December 31, 2015: Federal $ (731 ) $ (1,260 ) $ (1,991 ) State (107 ) (223 ) $ (330 ) Total income tax benefit $ (838 ) $ (1,483 ) $ (2,321 ) Year Ended December 31, 2014: Federal $ (98 ) $ (1,271 ) $ (1,369 ) State — (221 ) $ (221 ) Total income tax benefit $ (98 ) $ (1,492 ) $ (1,590 )
Summary of Differences Between Statutory Federal Income Tax Rate and Effective Tax Rate	The reasons for the differences between the statutory Federal income tax rate and the effective tax rate are as follows ($ in thousands): Year Ended December 31, 2015 2014 Amount % Amount % Income taxes (benefit) at Federal statutory rate $ (1,547 ) (34.0 %) $ (1,378 ) (34.0 %) Increase (decrease) in taxes resulting from: State taxes, net of Federal tax benefit (218 ) (4.8 %) (146 ) (3.6 %) Officer’s life insurance (747 ) (16.4 %) — — Other, net 191 4.2 % (66 ) (1.6 %) Total $ (2,321 ) (51.0 %) $ (1,590 ) (39.2 %)
Summary of Deferred Tax Assets and Deferred Tax Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below (in thousands): At December 31, 2015 2014 Deferred tax assets: Allowance for loan losses $ 879 $ 642 Net operating loss carryforwards 4,029 1,739 Deferred compensation 858 780 Deferred loan fees 111 47 Alternative minimum tax credits 224 169 Accrued interest income 143 56 Premises and Equipment — 45 Unrealized loss on Securities AFS 66 — Other 247 6 Deferred tax assets 6,557 3,484 Deferred tax liabilities: Officers life insurance — (702 ) Premises and equipment (18 ) — Fair Market Value adjustments (113 ) — Deferred tax liabilities (131 ) (702 ) Net deferred tax asset $ 6,426 $ 2,782
Schedule of Operating Loss Carryforwards, Years of Expiration	These carryforwards will begin to expire as follows: Year Amount 2033 $ 764 2034 4,548 2035 5,148 $ 10,460

Lease Obligations (Tables)

Lease Obligations (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Schedule of Future Minimum Lease Payments for Fixed, Non-cancelable Terms of Operating Leases	At December 31, 2015, future minimum lease payments for the fixed, non-cancelable terms of operating leases are as follows: 2016 $ 179 2017 184 2018 135 2019 99 2020 76 Thereafter — $ 673

Related Parties (Tables)

Related Parties (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Summary of Loans and Deposits from Related Parties	In the ordinary course of business, the Company makes loans to and accepts deposits from its executive officers and directors and their related entities. The activity is as follows (in thousands): Year Ended December 31, 2015 2014 Loans: Balance at beginning of year $ 268 $ 280 Additions 1,101 — Repayments (481 ) (12 ) Balance at end of year $ 888 $ 268 Deposits at end of year $ 3,297 $ 2,503

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Outstanding Stock Options and Restricted Stock	The following table summarizes the outstanding stock options and restricted stock under the 2015 Equity Plan at December 31, 2015: Stock Options Options Issued Exercise Price Expiration Date Options Options Forfeited Date of Issuance October 29, 2015 372,760 $ 13.96 October 29, 2025 74,552 19,013 Restricted Stock Shares Issued Fair Value Per Share Shares Shares withheld for income Shares Forfeited Date of Issuance October 29, 2015 162,248 $ 13.96 32,460 6,403 3,524
Schedule of Compensation Expense and Unearned Compensation	Compensation Expense (in 000’s) Stock Options $ 227 Restricted Shares 453 Fair Value of Shares withheld for income tax purposes (89 ) Stock-based compensation expense $ 591 Unearned Compensation (in 000’s) Stock Options Issued $ 907 Restricted Shares Issued 1,812 Total unearned compensation $ 2,719

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Summary of Bank's Capital Amount and Ratios and Regulatory Thresholds	The following table shows the Bank’s capital amounts and ratios and regulatory thresholds at December 31, 2015 and 2014. Actual Minimum for Capital Minimum to be Well Amount % Amount % Amount % December 31, 2015 Common Equity Tier 1 Capital to Risk-Weighted Assets $ 45,056 12.44 % $ 16,297 4.50 % $ 23,540 6.50 % Tier I Capital to Risk-Weighted Assets 45,056 12.44 21,729 6.00 28,972 8.00 Total Capital to Risk-Weighted Assets 47,567 13.13 28,972 8.00 36,215 10.00 Tier I Capital to Total Assets 45,056 9.76 18,466 4.00 23,082 5.00 December 31, 2014 Tier I Capital to Risk-Weighted Assets $ 38,581 32.57 $ 4,738 4.00 % $ 7,107 6.00 Total Capital to Risk-Weighted Assets 40,064 33.82 9,477 8.00 11,846 10.00 Tier I Capital to Total Assets 38,581 16.99 9,083 4.00 11,354 6.00

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Postemployment Benefits [Abstract]
Schedule of Employee Stock Ownership Plan	ESOP shares were as follows ($ in thousands, except per share amounts): 2015 2014 Allocated shares 22,571 11,285 Unallocated shares 315,989 327,275 Total ESOP shares 338,560 338,560 Fair value of unallocated shares $ 4,803 $ 4,003

Loss Per Share (Tables)

Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Summary of Earnings Per Share	The shares purchased by the Employee Stock Ownership Plan are included in the weighted-average shares when they are committed to be released ($ in thousands, except per share amounts): Net loss Weighted Per Share Year Ended December 31, 2015: Basic and Dilutive loss per share: Net loss available to common stockholders $ (2,245 ) 3,993,560 $ (0.56 )

Parent Company Only Financial52

Parent Company Only Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet	The holding Company’s unconsolidated financial information at December 31, 2015 and for the year ended December 31, 2014 are as follows: Condensed Balance Sheet (in thousands) December 31, 2015 2014 Assets Cash $ 11,671 $ 17,035 Investment in Subsidiary 56,193 41,317 Other assets 3,604 3,307 Total Assets $ 71,468 $ 61,659 Liabilities Other liabilities $ 74 $ 33 Stockholder’s Equity Stockholder’s Equity 71,394 61,626 Total liabilities and Stockholder Equity $ 71,468 $ 61,659
Condensed Statement of Operations	Condensed Statement of Operations (in thousands) December 31, 2015 2014 Revenues $ 106 $ 51 Expenses (1,222 ) (172 ) Income tax benefit 319 46 Loss before net loss of subsidiary (797 ) (75 ) Net loss of subsidiary (1,434 ) (2,386 ) Net loss $ (2,231 ) $ (2,461 )
Condensed Statement of Cash Flows	Condensed Statement of Cash Flows (in thousands) December 31, 2015 2014 Net loss: $ (2,231 ) $ (2,461 ) Adjustments to reconcile net loss to net cash used in operating activities: Equity in loss of subsidiary 1,434 2,386 Change in other assets (297 ) (3,307 ) Change in accrued expenses and other liabilities 41 33 Stock-based compensation expense 220 — Net cash used in operating activities (833 ) (3,349 ) Cash flows from investing activities: Dividends received from subsidiary 18,800 — Cash received in acquisition (34,676 ) — Investment to bank subsidiary, net ESOP — (17,015 ) Net cash used in investing activities (15,876 ) (17,015 ) Cash flows from financing activities: Net proceeds received from stock issuance 11,359 37,399 Payment of Dividend to Preferred Stock (14 ) Net cash provided by financing activities 11,345 37,399 Net (Decrease) Increase in Cash $ (5,364 ) $ 17,035 Cash at beginning of year 17,035 — Cash at end of year 11,671 17,035 Noncash items: Accumulated other comprehensive loss, net change in unrealized gain on securities available for sale, net of taxes $ (108 ) $ — Employee stock option expense from subsidiary $ 371 $ — Employee stock ownership plan expense from subsidiary $ 171 $ 136

Organization and Significant 53

Organization and Significant Accounting Policies - Additional Information (Detail)	Jul. 14, 2014USD ($)shares	Dec. 31, 2015USD ($)Officeshares	Dec. 31, 2014USD ($)shares	Dec. 31, 2013USD ($)
Product Information [Line Items]
Number of shares issued | shares	4,232,000	5,259,321	4,232,000
Gross offering proceeds from issuance of shares	$ 42,300,000
Total consolidated assets		$ 507,265,000	$ 229,820,000
Total deposits		399,111,000	163,924,000
Total stockholders' equity		$ 71,394,000	$ 61,626,000	$ 26,552,000
Shares acquired by ESOP on conversion | shares	338,560	315,989	327,275
Number of banking offices | Office		11
Retained income in the final prospectus	$ 26,600,000	$ 21,846,000	$ 24,091,000
Cash and cash equivalents maturity description		Ninety days or less
Cash reserve requirements		$ 6,348,000	$ 1,883,000
Number of days loan past due for non accrual of interest status		90 days
Number of days loan past due for non accrual of interest status, loans		90 days
Minimum period, loans returned to accrual status		6 months
Uncertain tax position, recognition threshold percentage		50.00%
Building and Improvements [Member]
Product Information [Line Items]
Estimated useful lives for building and improvements		40 years
Consumer Loans [Member]
Product Information [Line Items]
Number of days loan past due for non accrual of interest status, loans		120 days
Residential Mortgage [Member]
Product Information [Line Items]
Number of days loan past due for non accrual of interest status, loans		180 days
Minimum [Member] | Furniture and equipment [Member]
Product Information [Line Items]
Estimated useful lives for building and improvements		3 years
Maximum [Member] | Furniture and equipment [Member]
Product Information [Line Items]
Estimated useful lives for building and improvements		10 years
Core Deposits Intangibles [Member]
Product Information [Line Items]
Intangibles amortized period		10 years

Business Combinations - Agreeme

Business Combinations - Agreement to Acquire Certain Assets and Liabilities of First Federal Bank of Florida - Additional Information (Detail)	Nov. 13, 2015USD ($)Branch_office	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Deposits acquired in acquisition		$ 225,927,000
Loans acquired in acquisition		179,408,000
Merger and acquisition related expenses		$ 1,501,000
First Federal Bank of Florida [Member]
Business Acquisition [Line Items]
Number of branch offices | Branch_office	2
Deposits acquired in acquisition	$ 47,000,000
Loans acquired in acquisition	7,900,000
Merger and acquisition related expenses	$ 171,000

Business Combinations - Agree55

Business Combinations - Agreement to Acquire Community Southern Holdings, Inc - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Business acquisition, assets		$ 300,045
Business acquisition, liabilities assumed		267,121
Merger and acquisition related expenses		1,501
Community Southern Holdings Inc [Member]
Business Acquisition [Line Items]
Business acquisition ownership percentage	100.00%
Payment to acquire business	$ 30,300
Business acquisition, assets	250,397	250,397
Business acquisition, liabilities assumed	220,103	$ 220,103
Exchange in preferred stock to US Treasury	5,700
Merger and acquisition related expenses	$ 1,300

Business Combinations - Summary

Business Combinations - Summary of Fair Value of Assets Acquired, Liabilities Assumed and Stockholders' Equity Exchanged (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Business Acquisition [Line Items]
Cash and cash equivalents	$ 48,348
Securities available for sale	44,372
Loans	179,408
Premises and equipment	8,727
Federal Home Loan Bank stock	1,540
Bank owned life insurance	4,585
Deferred tax asset	2,095
Goodwill	9,500
Core deposit intangible	655
Accrued interest receivable	685
Other real estate owned	32
Other assets	98
Total assets acquired	300,045
Deposits	225,927
Federal Home Loan Bank advances	31,480
Other borrowings	3,285
Other liabilities	729
Preferred Stock	5,700
Total liabilities assumed	267,121
Net assets acquired	32,924
Community Southern Holdings Inc [Member]
Business Acquisition [Line Items]
Cash and cash equivalents	10,183
Securities available for sale	44,372
Loans	171,476
Premises and equipment	6,097
Federal Home Loan Bank stock	1,540
Bank owned life insurance	4,585
Deferred tax asset	2,095
Goodwill	8,662
Core deposit intangible	588
Accrued interest receivable	685
Other real estate owned	32
Other assets	82
Total assets acquired	250,397	$ 250,397
Deposits	178,912
Federal Home Loan Bank advances	31,480
Other borrowings	3,285
Other liabilities	726
Preferred Stock	5,700
Total liabilities assumed	220,103	$ 220,103
Net assets acquired	30,294
First Federal Branch Acquisition [Member]
Business Acquisition [Line Items]
Cash and cash equivalents	38,165
Loans	7,932
Premises and equipment	2,630
Goodwill	838
Core deposit intangible	67
Other assets	16
Total assets acquired	49,648
Deposits	47,015
Other liabilities	3
Total liabilities assumed	47,018
Net assets acquired	$ 2,630

Business Combinations - Summa57

Business Combinations - Summary of Actual and Unaudited Pro Forma Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Net interest income		$ 11,095	$ 5,980
Noninterest income		1,629	756
Net loss		(2,231)	(2,461)
Community Southern Holdings Inc [Member]
Business Acquisition [Line Items]
Net interest income	$ 3,642
Noninterest income	331
Net loss	$ (1,470)
Net interest income, Pro forma		14,417	10,379
Noninterest income, Pro forma		1,960	1,330
Net (Loss) income, Pro forma		$ (3,873)	$ 1,452
Pro forma Loss per share-Basic and Diluted		$ (0.90)

Goodwill and Other Intangible58

Goodwill and Other Intangible Assets - Additional Information (Detail)	Dec. 31, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 9,500,000
Core Deposit Intangible	$ 602,000

Goodwill and Other Intangible59

Goodwill and Other Intangible Assets - Summary of Future Expected Amortization of Core Deposit Intangibles (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,016	$ 114
2,017	102
2,018	90
2,019	78
2,020	66
Thereafter	152
Total	$ 602

Securities - Additional Informa

Securities - Additional Information (Detail) $ in Thousands	Dec. 31, 2015USD ($)Investmentsecurities	Mar. 19, 2015USD ($)	Dec. 31, 2014USD ($)
Investments, Debt and Equity Securities [Abstract]
Held to maturity securities, fair value	$ 0	$ 69,700	$ 75,469
Held to maturity securities, carrying value			$ 25,600
Available for sale securities, carrying value	$ 22,100
Number of investment securities held-to-maturity | Investmentsecurities	24

Securities - Schedule of Securi

Securities - Schedule of Securities Classified as Available for Sale Securities (Detail) - USD ($)	Dec. 31, 2015	Mar. 19, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Available for sale securities, Amortized cost	$ 66,118,000
Gross Unrealized Gains	13,000
Gross Unrealized Losses	(187,000)
Available for sale securities, fair value	65,944,000		$ 0
Held to maturity securities, amortized cost			75,473,000
Gross Unrealized Gains			132,000
Gross Unrealized Losses			(136,000)
Held to maturity securities, fair value	0	$ 69,700,000	75,469,000
U.S. Treasury Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held to maturity securities, amortized cost			5,025,000
Gross Unrealized Gains			5,000
Held to maturity securities, fair value			5,030,000
Federal Home Loan Bank Obligations [Member]
Schedule of Held-to-maturity Securities [Line Items]
Available for sale securities, Amortized cost	15,074,000
Gross Unrealized Gains	6,000
Gross Unrealized Losses	(6,000)
Available for sale securities, fair value	15,074,000
Held to maturity securities, amortized cost			23,269,000
Gross Unrealized Gains			24,000
Gross Unrealized Losses			(50,000)
Held to maturity securities, fair value			23,243,000
U.S. Government Enterprise and Agency Obligations [Member]
Schedule of Held-to-maturity Securities [Line Items]
Available for sale securities, Amortized cost	14,037,000
Gross Unrealized Gains	7,000
Gross Unrealized Losses	(37,000)
Available for sale securities, fair value	14,007,000
Held to maturity securities, amortized cost			29,799,000
Gross Unrealized Gains			84,000
Gross Unrealized Losses			(85,000)
Held to maturity securities, fair value			29,798,000
Agency Mortgage Backed Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Available for sale securities, Amortized cost	37,007,000
Gross Unrealized Losses	(144,000)
Available for sale securities, fair value	$ 36,863,000
Held to maturity securities, amortized cost			17,380,000
Gross Unrealized Gains			19,000
Gross Unrealized Losses			(1,000)
Held to maturity securities, fair value			$ 17,398,000

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities, Due in one year or less at Amortized Cost	$ 10,069,000
Available for sale securities, Due from one year to five years at Amortized Cost	19,042,000
Available for sale securities, Amortized cost	66,118,000
Available for sale securities, Due in one year or less at Fair Value	10,071,000
Available for sale securities, Due from after one year to five years at Fair Value	19,010,000
Available for sale securities, Fair Value	65,944,000	$ 0
Agency Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Agency Mortgage-backed securities, Amortized Cost	37,007,000
Available for sale securities, Amortized cost	37,007,000
Agency Mortgage-backed securities, Fair Value	36,863,000
Available for sale securities, Fair Value	$ 36,863,000

Securities - Summary of Securit

Securities - Summary of Securities Available for Sale Sold (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Available-for-sale Securities [Abstract]
Proceeds received from sale	$ 60,369
Gross Gains on sale	$ 195

Securities - Schedule of Secu64

Securities - Schedule of Securities Gross Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Loss, Less Than Twelve Months	$ (187)
Fair Value, Less Than Twelve Months	54,881
Gross Unrealized Loss, More Than Twelve Months	0
Fair Value, More Than Twelve Months	0
Gross Unrealized Loss, Less Than Twelve Months		$ (64)
Fair Value, Less Than Twelve Months		23,976
Gross Unrealized Loss, More Than Twelve Months		(72)
Fair Value, More Than Twelve Months		7,996
Federal Home Loan Bank Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Loss, Less Than Twelve Months	(6)
Fair Value, Less Than Twelve Months	6,018
Gross Unrealized Loss, More Than Twelve Months	0
Fair Value, More Than Twelve Months	0
Gross Unrealized Loss, Less Than Twelve Months		(13)
Fair Value, Less Than Twelve Months		7,055
Gross Unrealized Loss, More Than Twelve Months		(37)
Fair Value, More Than Twelve Months		3,995
U.S. Government Enterprise and Agency Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Loss, Less Than Twelve Months	(37)
Fair Value, Less Than Twelve Months	12,000
Gross Unrealized Loss, More Than Twelve Months	0
Fair Value, More Than Twelve Months	0
Gross Unrealized Loss, Less Than Twelve Months		(50)
Fair Value, Less Than Twelve Months		14,957
Gross Unrealized Loss, More Than Twelve Months		(35)
Fair Value, More Than Twelve Months		4,001
Agency Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Loss, Less Than Twelve Months	(144)
Fair Value, Less Than Twelve Months	36,863
Gross Unrealized Loss, More Than Twelve Months	0
Fair Value, More Than Twelve Months	$ 0
Gross Unrealized Loss, Less Than Twelve Months		(1)
Fair Value, Less Than Twelve Months		$ 1,964

Loans - Schedule of Loan Portfo

Loans - Schedule of Loan Portfolio Segments and Classes (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real estate loans:
Total loans	$ 329,073	$ 110,516
Deduct:
Deferred loan fees, net	(296)	(124)
Allowance for loan losses	(2,511)	(1,726)	$ (1,718)
Loans, net	326,266	108,666
Real Estate Mortgage Loans [Member]
Real estate loans:
Total loans	284,930	92,345
Deduct:
Allowance for loan losses	(1,354)	(1,409)	(1,417)
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member]
Real estate loans:
Total loans	68,169	51,960
Real Estate Mortgage Loans [Member] | Commercial Real Estate and Multi-Family [Member]
Real estate loans:
Total loans	192,568	32,665
Real Estate Mortgage Loans [Member] | Construction and Land [Member]
Real estate loans:
Total loans	17,570	7,075
Real Estate Mortgage Loans [Member] | Home Equity [Member]
Real estate loans:
Total loans	6,623	645
Commercial Loans [Member]
Real estate loans:
Total loans	41,417	16,773
Deduct:
Allowance for loan losses	(583)	(308)	(208)
Consumer Loans [Member]
Real estate loans:
Total loans	2,726	1,398
Deduct:
Allowance for loan losses	$ (23)	$ (9)	$ (10)

Loans - Additional Information

Loans - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015LoansPortfolios	Dec. 31, 2014Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of portfolio segments | Portfolios	3
Loan grading description	Commercial, multi-family and commercial real estate loans are generally reviewed periodically to determine the appropriate loan grading.
Troubled debt restructurings that subsequently defaulted which were restructured | Loans	0	0
Maximum [Member] | Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term of loan repayment	10 years

Loans - Schedule of Change in A

Loans - Schedule of Change in Allowance for Loan Losses (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 1,726,000	$ 1,718,000
Recorded Investment			$ 701,000
Provision (credit) for loan losses		2,500,000
Balance in allowance for loan losses	1,726,000	1,718,000	2,511,000	$ 1,726,000
Charge-offs	(14,000)	(2,591,000)
Recoveries	799,000	99,000
Ending balance	2,511,000	1,726,000
Recorded investment			2,066,000	4,796,000
Balance in allowance for loan losses			48,000	310,000
Recorded investment			326,306,000	105,720,000
Balance in allowance for loan losses			2,463,000	1,416,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Recorded Investment			701,000
Real Estate Mortgage Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	1,409,000	1,417,000
Provision (credit) for loan losses	(185,000)	1,333,000
Balance in allowance for loan losses	1,409,000	1,417,000	1,354,000	1,409,000
Charge-offs	(1,000)	(1,362,000)
Recoveries	131,000	21,000
Ending balance	1,354,000	1,409,000
Recorded investment			1,527,000	4,028,000
Balance in allowance for loan losses			39,000	301,000
Recorded investment			282,760,000	88,317,000
Balance in allowance for loan losses			1,315,000	1,108,000
Real Estate Mortgage Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Recorded Investment			643,000
Commercial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	308,000	208,000
Provision (credit) for loan losses	(382,000)	1,245,000
Balance in allowance for loan losses	308,000	208,000	583,000	308,000
Charge-offs	(9,000)	(1,213,000)
Recoveries	666,000	68,000
Ending balance	583,000	308,000
Recorded investment			539,000	768,000
Balance in allowance for loan losses			9,000	9,000
Recorded investment			40,820,000	16,005,000
Balance in allowance for loan losses			574,000	299,000
Commercial Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Recorded Investment			58,000
Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	9,000	10,000
Provision (credit) for loan losses	16,000	5,000
Balance in allowance for loan losses	9,000	10,000	23,000	9,000
Charge-offs	(4,000)	(16,000)
Recoveries	2,000	10,000
Ending balance	23,000	9,000
Recorded investment			2,726,000	1,398,000
Balance in allowance for loan losses			23,000	$ 9,000
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance		83,000
Provision (credit) for loan losses	551,000	(83,000)
Balance in allowance for loan losses	551,000	$ 83,000	551,000
Ending balance	$ 551,000
Balance in allowance for loan losses			$ 551,000

Loans - Summary of Loan Credit

Loans - Summary of Loan Credit Quality (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total	$ 329,073	$ 110,516
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	320,297	108,222
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	3,197	1,034
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	5,579	1,260
Real Estate Mortgage Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	284,930	92,345
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	68,169	51,960
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	66,271	51,644
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	972	316
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	926
Real Estate Mortgage Loans [Member] | Commercial Real Estate Multi Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	192,568	32,665
Real Estate Mortgage Loans [Member] | Commercial Real Estate Multi Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	189,979	31,883
Real Estate Mortgage Loans [Member] | Commercial Real Estate Multi Family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,066	413
Real Estate Mortgage Loans [Member] | Commercial Real Estate Multi Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,523	369
Real Estate Mortgage Loans [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	17,570	7,075
Real Estate Mortgage Loans [Member] | Construction and Land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	16,705	6,864
Real Estate Mortgage Loans [Member] | Construction and Land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	707	211
Real Estate Mortgage Loans [Member] | Construction and Land [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	158
Real Estate Mortgage Loans [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	6,623	645
Real Estate Mortgage Loans [Member] | Home Equity [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	6,241	645
Real Estate Mortgage Loans [Member] | Home Equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	382
Commercial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	41,417	16,773
Commercial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	38,375	15,788
Commercial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	70	94
Commercial Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,972	891
Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,726	1,398
Consumer Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 2,726	$ 1,398

Loans - Age Analysis of Past Du

Loans - Age Analysis of Past Due Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,019	$ 228
Current	327,303	109,396
Nonaccrual Loans	751	892
Total loans	329,073	110,516
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,006	228
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	13
Real Estate Mortgage Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	284,930	92,345
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	268	59
Current	67,861	51,901
Nonaccrual Loans	40
Total loans	68,169	51,960
Real Estate Mortgage Loans [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	355
Current	191,660	32,541
Nonaccrual Loans	553	124
Total loans	192,568	32,665
Real Estate Mortgage Loans [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	192
Current	17,220	7,075
Nonaccrual Loans	158
Total loans	17,570	7,075
Real Estate Mortgage Loans [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	11
Current	6,612	645
Total loans	6,623	645
Real Estate Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	255	59
Real Estate Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	355
Real Estate Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	192
Real Estate Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	11
Real Estate Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	13
Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	193	167
Current	41,224	15,838
Nonaccrual Loans		768
Total loans	41,417	16,773
Commercial Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	193	167
Consumer Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		2
Current	2,726	1,396
Total loans	$ 2,726	1,398
Consumer Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		$ 2

Loans - Summary of Impaired Loa

Loans - Summary of Impaired Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded, Recorded Investment	$ 1,519	$ 1,168
With No Related Allowance Recorded, Unpaid Principal Balance	2,495	1,981
With an Allowance Recorded, Recorded Investment	547	3,628
With an Allowance Recorded, Unpaid Principal Balance	552	3,648
With an Allowance Recorded, Related Allowance	48	310
Total Recorded Investment	2,066	4,796
Total Unpaid Principal Balance	3,047	5,629
With an Allowance Recorded, Related Allowance	48	310
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Impaired [Line Items]
With an Allowance Recorded, Recorded Investment	460	123
With an Allowance Recorded, Unpaid Principal Balance	460	140
With an Allowance Recorded, Related Allowance	39	12
Total Recorded Investment	460	123
Total Unpaid Principal Balance	460	140
With an Allowance Recorded, Related Allowance	39	12
Real Estate Mortgage Loans [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded, Recorded Investment	909
With No Related Allowance Recorded, Unpaid Principal Balance	1,849
Total Recorded Investment	909
Total Unpaid Principal Balance	1,849
Real Estate Mortgage Loans [Member] | Construction and Land [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded, Recorded Investment	158
With No Related Allowance Recorded, Unpaid Principal Balance	164
Total Recorded Investment	158
Total Unpaid Principal Balance	164
Real Estate Mortgage Loans [Member] | Commercial [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded, Recorded Investment		504
With No Related Allowance Recorded, Unpaid Principal Balance		1,231
With an Allowance Recorded, Recorded Investment		3,401
With an Allowance Recorded, Unpaid Principal Balance		3,401
With an Allowance Recorded, Related Allowance		289
Total Recorded Investment		3,905
Total Unpaid Principal Balance		4,632
With an Allowance Recorded, Related Allowance		289
Commercial Loans [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded, Recorded Investment	452	664
With No Related Allowance Recorded, Unpaid Principal Balance	482	750
With an Allowance Recorded, Recorded Investment	87	104
With an Allowance Recorded, Unpaid Principal Balance	92	107
With an Allowance Recorded, Related Allowance	9	9
Total Recorded Investment	539	768
Total Unpaid Principal Balance	574	857
With an Allowance Recorded, Related Allowance	$ 9	$ 9

Loans - Summary of Average Net

Loans - Summary of Average Net Investment in Impaired Loans and Interest Income Recognized and Received on Impaired Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	$ 2,303	$ 7,220
Interest Income Recognized	161	335
Interest Income Received	202	440
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	289	1,552
Interest Income Recognized	18	34
Interest Income Received	16	66
Real Estate Mortgage Loans [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	1,317	4,841
Interest Income Recognized	115	301
Interest Income Received	135	339
Real Estate Mortgage Loans [Member] | Construction and Land [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	119	102
Interest Income Received	12	2
Commercial Loans [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	578	725
Interest Income Recognized	28
Interest Income Received	$ 39	$ 33

Loans - Summary of Troubled Deb

Loans - Summary of Troubled Debt Restructurings (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Contracts	Dec. 31, 2014USD ($)Contracts
Commercial [Member]
Schedule Of Troubled Debt Restructured Loans [Line Items]
Number of Contracts | Contracts		6
Pre-Modification Outstanding Recorded Investment		$ 740
Post-Modification Outstanding Recorded Investment		$ 116
Real Estate Mortgage Loans [Member] | One-to Four-Family Residential [Member]
Schedule Of Troubled Debt Restructured Loans [Line Items]
Number of Contracts | Contracts	1
Pre-Modification Outstanding Recorded Investment	$ 328
Post-Modification Outstanding Recorded Investment	$ 328

Purchased Credit Impaired Loa73

Purchased Credit Impaired Loans ("PCI") - Summary of Carrying Amounts as of Acquisition Date of PCI Loans Acquired (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Receivables [Abstract]
Contractually required principal and interest at acquisition	$ 1,272
Nonaccretable difference	(404)
Cash flows expected to be collected at acquisition	868
Accretable yield adjustment	(128)
Total carrying amount of PCI loans	$ 740

Purchased Credit Impaired Loa74

Purchased Credit Impaired Loans ("PCI") - Additional Information (Detail)	Dec. 31, 2015USD ($)
Receivables [Abstract]
Recorded investment of PCI loans	$ 701,000

Premises and Equipment - Summar

Premises and Equipment - Summary of Premises and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Premises and equipment total, at cost	$ 23,861	$ 11,727
Less accumulated depreciation and amortization	(6,249)	(5,653)
Premises and equipment, net	17,612	6,074
Land [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment total, at cost	4,971	2,461
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment total, at cost	13,286	6,158
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment total, at cost	$ 5,604	$ 3,108

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Noninterest-bearing demand	$ 89,114	$ 34,774
Interest-bearing demand	64,984	32,589
Money Market	100,348	35,208
Savings	33,645	25,100
Time under $100	39,543	23,920
Time of $100 or more	71,477	12,333
Total deposits	$ 399,111	$ 163,924

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Deposits [Line Items]
Brokered deposits	$ 19,400,000
Time deposits minimum denomination	100,000	$ 100,000
Aggregate amount of time deposits	71,500,000	$ 12,300,000
Maximum limit of deposits insured by FDIC	250,000
Reciprocal Brokered Deposits [Member]
Schedule Of Deposits [Line Items]
Brokered deposits	$ 8,300,000

Deposits - Schedule of Maturiti

Deposits - Schedule of Maturities of Time Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
2,016	$ 90,606
2,017	14,130
2,018	5,328
2,019	708
2,020	248
Total	$ 111,020	$ 36,253

Federal Home Loan Bank Advanc79

Federal Home Loan Bank Advances - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]
Advances from Federal Home Loan Banks	$ 27,500,000	$ 0
Total credit availability under FHLB	60,800,000
FHLB, advances secured through collateral agreement	86,900,000
Federal Home Loan Bank stock	$ 1,597,000	$ 180,000

Federal Home Loan Bank Advanc80

Federal Home Loan Bank Advances - Summary of Federal Home Loan Bank Advances (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Federal Home Loan Bank, Advances [Line Items]
FHLB advances fixed rate	$ 27,500
0.32% Fixed Rate Advances Due 2016 [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank Advances Maturity Year	2,016
FHLB advances fixed interest rate	0.32%
FHLB advances fixed rate	$ 7,500
0.37% Fixed Rate Advances Due 2016 [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank Advances Maturity Year	2,016
FHLB advances fixed interest rate	0.37%
FHLB advances fixed rate	$ 20,000

Other Borrowings - Additional I

Other Borrowings - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Other Borrowings [Abstract]
Other borrowings	$ 1,427,000	$ 0
Pledged securities as collateral	$ 4,000,000

Available Other Borrowings - Ad

Available Other Borrowings - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Line of credit	$ 25,500,000	$ 6,000,000
Line of credit facility	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument Fair Value Carrying Value [Abstract]
Available for sale securities, fair value	$ 65,944,000	$ 0
Fair value measurement transfers between levels	$ 0

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Securities Measured at Fair Value on a Recurring Basis (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	$ 65,944,000	$ 0
Fair Value, Measurements, Recurring [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	65,944,000
Fair Value, Measurements, Recurring [Member] | Federal Home Loan Bank Obligations [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	15,074,000
Fair Value, Measurements, Recurring [Member] | U.S. Government Enterprise and Agency Obligations [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	14,007,000
Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	36,863,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	65,944,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Federal Home Loan Bank Obligations [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	15,074,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | U.S. Government Enterprise and Agency Obligations [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	14,007,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Mortgage Backed Securities [Member]
Fair Value Asset Measured On Recurring Basis [Line Items]
Available for sale securities, fair value	$ 36,863,000

Fair Value Measurements - Impai

Fair Value Measurements - Impaired Collateral-Dependent Loans and Other Real Estate Owned Measured at Fair Value on a Nonrecurring Basis (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Losses Recorded During the Period	$ 14	$ 2,591
Commercial Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Losses Recorded During the Period	9	1,213
Fair Value on a Nonrecurring Basis [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Other real estate owned amount	32	41
Fair Value of Loan	902	598
Total Losses	717	719
Losses Recorded During the Period		2
Fair Value on a Nonrecurring Basis [Member] | Commercial Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value of Loan	452	94
Total Losses	72	74
Losses Recorded During the Period		2
Fair Value on a Nonrecurring Basis [Member] | Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Other real estate owned amount	32	41
Fair Value of Loan	902	598
Fair Value on a Nonrecurring Basis [Member] | Level 3 [Member] | Commercial Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value of Loan	452	94
Fair Value on a Nonrecurring Basis [Member] | Commercial Real Estate and Multi-Family [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value of Loan	450	504
Total Losses	645	645
Fair Value on a Nonrecurring Basis [Member] | Commercial Real Estate and Multi-Family [Member] | Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value of Loan	$ 450	$ 504

Fair Value Measurements - Acqui

Fair Value Measurements - Acquired Assets, Assumed Liabilities and Stockholders' Equity Measured at Fair Value on a Nonrecurring Basis (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Securities available for sale	$ 65,944,000	$ 0
Loans, net of discount	326,266,000	108,666,000
Premises and equipment	17,612,000	6,074,000
Federal Home Loan Bank stock	1,597,000	180,000
Deferred income taxes	6,426,000	2,782,000
Goodwill	9,500,000
Core Deposit Intangible	602,000
Accrued interest	1,048,000	613,000
Other assets	1,573,000	361,000
Deposits	111,020,000	36,253,000
FHLB Advances	27,500,000	0
Other borrowings	1,427,000	0
Other liabilities	7,833,000	$ 4,270,000
Fair Value on a Nonrecurring Basis [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Securities available for sale	44,372,000
Loans, net of discount	179,408,000
Premises and equipment	8,727,000
Federal Home Loan Bank stock	1,540,000
Cash surrender value of bank owned life insurance	4,585,000
Deferred income taxes	2,095,000
Goodwill	9,500,000
Core Deposit Intangible	655,000
Accrued interest	685,000
Other assets	130,000
Deposits	225,927,000
FHLB Advances	31,480,000
Other borrowings	3,285,000
Other liabilities	729,000
Preferred Stock	5,700,000
Fair Value on a Nonrecurring Basis [Member] | Level 2 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Securities available for sale	44,372,000
Fair Value on a Nonrecurring Basis [Member] | Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Loans, net of discount	179,408,000
Premises and equipment	8,727,000
Federal Home Loan Bank stock	1,540,000
Cash surrender value of bank owned life insurance	4,585,000
Deferred income taxes	2,095,000
Goodwill	9,500,000
Core Deposit Intangible	655,000
Accrued interest	685,000
Other assets	130,000
Deposits	225,927,000
FHLB Advances	31,480,000
Other borrowings	3,285,000
Other liabilities	729,000
Preferred Stock	$ 5,700,000

Off-Balance-Sheet Financial I87

Off-Balance-Sheet Financial Instruments - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)
Off Balance Sheet Financial Instruments [Abstract]
Letter of credit facility expiration period	1 year
Collateral amount	$ 188,000

Off-Balance-Sheet Financial I88

Off-Balance-Sheet Financial Instruments - Summary of Amounts of Bank's Financial Instruments, with Off-Balance-Sheet Risk (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Unused lines of Credit [Member]
Schedule Of Off Balance Sheet Financial Instruments [Line Items]
Off-balance sheet financial instruments, contract amount	$ 44,671
Commitments to Extend Credit [Member]
Schedule Of Off Balance Sheet Financial Instruments [Line Items]
Off-balance sheet financial instruments, contract amount	23,297
Standby Letters of Credit [Member]
Schedule Of Off Balance Sheet Financial Instruments [Line Items]
Off-balance sheet financial instruments, contract amount	$ 732

Fair Value of Financial Instr89

Fair Value of Financial Instruments - Estimated Fair Value of Financial Instruments (Detail) - USD ($)	Dec. 31, 2015	Mar. 19, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets:
Cash and cash equivalents	$ 59,344,000		$ 20,479,000	$ 11,054,000
Time deposits with banks	4,410,000		5,880,000
Securities available for sale	65,944,000		0
Securities held to maturity			75,473,000
Securities	0	$ 69,700,000	75,469,000
Loans held for sale	790,000		2,012,000
Loans	326,266,000		108,666,000
Federal Home Loan Bank stock	1,597,000		180,000
Accrued interest receivable	1,048,000		613,000
Financial liabilities:
Deposits	399,111,000		163,924,000
FHLB Advances	27,500,000		0
Fair Value [Member] | Level 1 [Member]
Financial assets:
Cash and cash equivalents	59,344,000		20,479,000
Time deposits with banks	4,410,000		5,880,000
Fair Value [Member] | Level 2 [Member]
Financial assets:
Securities available for sale	65,944,000
Securities			75,469,000
Fair Value [Member] | Level 3 [Member]
Financial assets:
Loans held for sale	806,000		2,028,000
Loans	330,801,000		113,807,000
Federal Home Loan Bank stock	1,597,000		180,000
Accrued interest receivable	1,048,000		613,000
Financial liabilities:
Deposits	399,000,000		163,882,000
FHLB Advances	27,487,000
Off-balance-sheet financial instruments	0		0
Carrying Amount [Member] | Level 1 [Member]
Financial assets:
Cash and cash equivalents	59,344,000		20,479,000
Time deposits with banks	4,410,000		5,880,000
Carrying Amount [Member] | Level 2 [Member]
Financial assets:
Securities available for sale	65,944,000
Securities held to maturity			75,473,000
Carrying Amount [Member] | Level 3 [Member]
Financial assets:
Loans held for sale	790,000		2,012,000
Loans	326,266,000		108,666,000
Federal Home Loan Bank stock	1,597,000		180,000
Accrued interest receivable	1,048,000		613,000
Financial liabilities:
Deposits	399,111,000		163,924,000
FHLB Advances	27,500,000
Off-balance-sheet financial instruments	$ 0		$ 0

Income Taxes - Summary of Feder

Income Taxes - Summary of Federal and State Income Tax Benefit Between Current and Deferred Portions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Federal, Current	$ (731)	$ (98)
State, Current	(107)
Total income tax benefit, Current	(838)	(98)
Federal, Deferred	(1,260)	(1,271)
State, Deferred	(223)	(221)
Total income tax benefit, Deferred	(1,483)	(1,492)
Federal, Total	(1,991)	(1,369)
State, Total	(330)	(221)
Total income tax benefit	$ (2,321)	$ (1,590)

Income Taxes - Summary of Diffe

Income Taxes - Summary of Differences Between Statutory Federal Income Tax Rate and Effective Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income taxes (benefit) at Federal statutory rate, Amount	$ (1,547)	$ (1,378)
State taxes, net of Federal tax benefit, Amount	(218)	(146)
Officer's life insurance, Amount	(747)
Other, net, Amount	191	(66)
Total income tax benefit	$ (2,321)	$ (1,590)
Income taxes (benefit) at Federal statutory rate, Percentage	(34.00%)	(34.00%)
State taxes, net of Federal tax benefit, Percentage	(4.80%)	(3.60%)
Officer's life insurance, Percentage	(16.40%)
Other, net, Percentage	4.20%	(1.60%)
Total, Percentage	(51.00%)	(39.20%)

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Tax Assets and Deferred Tax Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 879	$ 642
Net operating loss carryforwards	4,029	1,739
Deferred compensation	858	780
Deferred loan fees	111	47
Alternative minimum tax credits	224	169
Accrued interest income	143	56
Premises and Equipment		45
Unrealized loss on Securities AFS	66
Other	247	6
Deferred tax assets	6,557	3,484
Deferred tax liabilities:
Officers life insurance		(702)
Premises and equipment	(18)
Fair Market Value adjustments	(113)
Deferred tax liabilities	(131)	(702)
Net deferred tax asset	$ 6,426	$ 2,782

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 10,460

Income Taxes - Schedule of Oper

Income Taxes - Schedule of Operating Loss Carryforwards, Years of Expiration (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 10,460
2033 [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	764
2034 [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	4,548
2035 [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 5,148

Lease Obligations - Additional

Lease Obligations - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)Office	Dec. 31, 2014USD ($)
Operating Leased Assets [Line Items]
Rental expense under operating leases | $	$ 83,000	$ 0
Banking Offices [Member]
Operating Leased Assets [Line Items]
Number of properties obligated under operating leases | Office	2

Lease Obligations - Schedule of

Lease Obligations - Schedule of Future Minimum Lease Payments for Fixed, Non-cancelable Terms of Operating Leases (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Leases [Abstract]
2,016	$ 179
2,017	184
2,018	135
2,019	99
2,020	76
Thereafter	0
Total	$ 673

Related Parties - Summary of Lo

Related Parties - Summary of Loans and Deposits from Related Parties (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitment, Contingency And Related Party Transactions [Abstract]
Balance at beginning of year	$ 268	$ 280
Additions	1,101
Repayments	(481)	(12)
Balance at end of year	888	268
Deposits at end of year	$ 3,297	$ 2,503

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Bank contribution for Employee benefit plan	$ 93,000	$ 61,000
Accruing interest rate on benefit plan	6.00%
Bank expense In employee benefit plan	$ 381,000	$ 172,000
Accrued deferred compensation expense	$ 2,300,000		$ 2,100,000

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - shares	Oct. 28, 2015	Aug. 26, 2015	Dec. 31, 2015	Dec. 31, 2014
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option award, number of shares granted			372,760
Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock granted			162,248
2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under equity incentive plan		592,480
Stock option award, vesting period				5 years
Stock option award, vesting period			4 years
Risk free interest rate		0.32%
Expected volatility rate		16.70%
Expected life		7 years
2015 Equity Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option award, number of shares granted	372,760
Number of restricted stock available for future grants			50,440
2015 Equity Incentive Plan [Member] | Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be issued pursuant to exercise of stock options		423,200
2015 Equity Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock granted			0
2015 Equity Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be issued as restricted stock		169,280
2015 Equity Incentive Plan [Member] | Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock granted	162,248
Number of restricted stock available for future grants		7,032
Share-based Compensation Award, Tranche One [Member] | 2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting of share-based compensation awards				20.00%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Outstanding Stock Options and Restricted Stock (Detail)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Issued	162,248
Fair Value Per Share | $ / shares	$ 13.96
Shares Vested	32,460
withheld for income tax purposes	6,403
Shares Forfeited	3,524
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Issued	372,760
Exercise Price | $ / shares	$ 13.96
Expiration Date	Oct. 29, 2025
Options Vested	74,552
Options Forfeited	19,013

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Compensation Expense and Unearned Compensation (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Schedule Of Compensation Expense And Unearned Compensation [Line Items]
Stock-based compensation expense	$ (89)
Stock-based compensation expense	591
Total unearned compensation	2,719
Employee Stock Option [Member]
Schedule Of Compensation Expense And Unearned Compensation [Line Items]
Stock-based compensation expense	227
Total unearned compensation	907
Restricted Shares [Member]
Schedule Of Compensation Expense And Unearned Compensation [Line Items]
Stock-based compensation expense	453
Total unearned compensation	$ 1,812

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Maximum asset value required to be exempted from consolidated capital requirements	$ 1,000,000,000
Common equity tier 1 ratio of risk- weighted assets	12.44%
Tier 1 capital ratio of risk-weighted assets	12.44%	32.57%
Total capital ratio of risk-weighted assets	13.13%	33.82%
Leverage ratio	9.76%	16.99%
Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity tier 1 ratio of risk- weighted assets	4.50%
Tier 1 capital ratio of risk-weighted assets	6.00%
Total capital ratio of risk-weighted assets	8.00%
Leverage ratio	4.00%

Regulatory Matters - Summary of

Regulatory Matters - Summary of Bank's Capital Amount and Ratios and Regulatory Thresholds (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
Common Equity Tier 1 Capital to Risk-Weighted Assets, Actual Amount	$ 45,056
Tier 1 Capital to Risk-Weighted Assets, Actual Amount	45,056	$ 38,581
Total Capital to Risk-Weighted Assets, Actual Amount	47,567	40,064
Tier I Capital to Total Assets, Actual Amount	$ 45,056	$ 38,581
Common Equity Tier 1 Capital to Risk-Weighted Assets, Actual Ratio	12.44%
Tier I Capital to Risk-Weighted Assets, Actual Ratio	12.44%	32.57%
Total Capital to Risk-Weighted Assets, Actual Ratio	13.13%	33.82%
Tier I Capital to Total Assets, Actual Ratio	9.76%	16.99%
Common Equity Tier I Capital to Risk-Weighted Assets, Minimum for Capital Adequacy Purposes Amount	$ 16,297
Tier I Capital to Risk-Weighted Assets, Minimum for Capital Adequacy Purposes Amount	21,729	$ 4,738
Total Capital to Risk-Weighted Assets, Minimum for Capital Adequacy Purposes Amount	28,972	9,477
Tier I Capital to Total Assets, Minimum for Capital Adequacy Purposes Amount	$ 18,466	$ 9,083
Common Equity Tier I Capital to Risk-Weighted Assets, Minimum for Capital Adequacy Purposes Ratio	4.50%
Tier I Capital to Risk-Weighted Assets, Minimum for Capital Adequacy Purposes Ratio	6.00%	4.00%
Total Capital to Risk-Weighted Assets, Minimum for Capital Adequacy Purposes Ratio	8.00%	8.00%
Tier I Capital to Total Assets, Minimum for Capital Adequacy Purposes Ratio	4.00%	4.00%
Common Equity Tier I Capital to Risk-Weighted Assets, Minimum to be Well Capitalized Amount	$ 23,540
Tier I Capital to Risk-Weighted Assets, Minimum to be Well Capitalized Amount	28,972	$ 7,107
Total Capital to Risk-Weighted Assets, Minimum to be Well Capitalized Amount	36,215	11,846
Tier I Capital to Total Assets, Minimum to be Well Capitalized Amount	$ 23,082	$ 11,354
Common Equity Tier I Capital to Risk-Weighted Assets, Minimum to be Well Capitalized Ratio	6.50%
Tier I Capital to Risk-Weighted Assets, Minimum to be Well Capitalized Ratio	8.00%	6.00%
Total Capital to Risk-Weighted Assets, Minimum to be Well Capitalized Ratio	10.00%	10.00%
Tier I Capital to Total Assets, Minimum to be Well Capitalized Ratio	5.00%	6.00%

Employee Stock Ownership Plan (

Employee Stock Ownership Plan ("ESOP") - Additional Information (Detail)	Jul. 14, 2014USD ($)Installmentshares	Dec. 31, 2015shares	Dec. 31, 2014shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Common stock shares sold during IPO, percentage acquired by ESOP	8.00%
Shares acquired by ESOP on conversion	338,560	315,989	327,275
Exchange of note payable | $	$ 3,385,600
Notes payable, number of installments | Installment	30
ESOP Allocated shares		22,571	11,285

Employee Stock Ownership Pla105

Employee Stock Ownership Plan ("ESOP") - Schedule of Employee Stock Ownership Plan (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Jul. 14, 2014
Postemployment Benefits [Abstract]
Allocated shares	22,571	11,285
Unallocated shares	315,989	327,275	338,560
Total ESOP shares	338,560	338,560
Fair value of unallocated shares	$ 4,803	$ 4,003

Loss Per Share - Summary of Ear

Loss Per Share - Summary of Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net Income (Loss)available to common stockholders	$ (2,245)	$ (2,461)
Net Income (loss) per Weighted Average Shares	3,993,560
Net Income (loss) Per Share Amount	$ (0.56)

Parent Company Only Financia107

Parent Company Only Financial Information - Condensed Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Cash	$ 13,220	$ 5,316
Other assets	1,573	361
Total assets	507,265	229,820
Liabilities
Other liabilities	7,833	4,270
Stockholders' Equity
Stockholders' equity	71,394	61,626	$ 26,552
Total liabilities and stockholders' equity	507,265	229,820
Parent Company [Member]
Assets
Cash	11,671	17,035
Investment in subsidiary	56,193	41,317
Other assets	3,604	3,307
Total assets	71,468	61,659
Liabilities
Other liabilities	74	33
Stockholders' Equity
Stockholders' equity	71,394	61,626
Total liabilities and stockholders' equity	$ 71,468	$ 61,659

Parent Company Only Financia108

Parent Company Only Financial Information - Condensed Statement of Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Condensed Income Statements, Captions [Line Items]
Income tax benefit	$ 2,321	$ 1,590
Net loss	(2,231)	(2,461)
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Revenues	106	51
Expenses	(1,222)	(172)
Income tax benefit	319	46
Loss before net loss of subsidiary	(797)	(75)
Net loss of subsidiary	(1,434)	(2,386)
Net loss	$ (2,231)	$ (2,461)

Parent Company Only Financia109

Parent Company Only Financial Information - Condensed Statement of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Net loss:	$ (2,231)	$ (2,461)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in other assets	(1,114)	50
Stock-based compensation expense	171	136
Net cash provided by operating activities	639	2,260
Cash flows from investing activities:
Cash received in acquisition	15,424
Net cash provided by (used in) investing activities	29,159	(29,269)
Cash flows from financing activities:
Net proceeds received from stock issuance	11,359	37,399
Payment of Dividend to Preferred Stock	(14)
Net cash provided by financing activities	9,067	36,434
Net (Decrease) Increase in Cash	38,865	9,425
Cash and cash equivalents at beginning of year	20,479	11,054
Cash and cash equivalents at end of year	59,344	20,479
Accumulated other comprehensive loss, net change in unrealized gain on securities available for sale, net of taxes	108
Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net loss:	(2,231)	(2,461)
Adjustments to reconcile net loss to net cash used in operating activities:
Equity in loss of subsidiary	1,434	2,386
Change in other assets	(297)	(3,307)
Change in accrued expenses and other liabilities	41	33
Stock-based compensation expense	220
Net cash provided by operating activities	(833)	(3,349)
Cash flows from investing activities:
Dividends received from subsidiary	18,800
Cash received in acquisition	(34,676)
Investment to bank subsidiary, net ESOP		(17,015)
Net cash provided by (used in) investing activities	(15,876)	(17,015)
Cash flows from financing activities:
Net proceeds received from stock issuance	11,359	37,399
Payment of Dividend to Preferred Stock	(14)
Net cash provided by financing activities	11,345	37,399
Net (Decrease) Increase in Cash	(5,364)	17,035
Cash and cash equivalents at beginning of year	17,035
Cash and cash equivalents at end of year	11,671	17,035
Accumulated other comprehensive loss, net change in unrealized gain on securities available for sale, net of taxes	(108)
Employee stock option expense from subsidiary	371
Employee stock ownership plan expense from subsidiary	$ 171	$ 136