Pilgrim Bancshares (PLRM) 10-Q 13 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 13, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	Pilgrim Bancshares, Inc.
Entity Central Index Key	1,601,347
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	PLRM
Entity Common Stock, Shares Outstanding		2,247,589

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 1,840	$ 1,938
Interest-bearing demand deposits with other banks	5,607	16,357
Total cash and cash equivalents	7,447	18,295
Interest-bearing time deposits with other banks	1,084	2,575
Investments in available-for-sale securities (at fair value)	13,708	11,767
Investments in held-to-maturity securities (fair value of $162 at September 30, 2015, and $196 at December 31, 2014)	124	149
Federal Home Loan Bank stock, at cost	945	694
Investment in The Co-operative Central Reserve Fund, at cost	384	384
Loans, net of allowance for loan losses of $839 at September 30, 2015, and $743 at December 31, 2014	163,917	143,774
Premises and equipment, net	5,240	5,409
Investment in real estate, net	1,589	1,623
Accrued interest receivable	480	447
Deferred income tax asset, net	393	410
Bank-owned life insurance	2,265	2,230
Other assets	157	278
Total assets	197,733	188,035
Deposits:
Noninterest-bearing	15,509	13,978
Interest-bearing	140,596	137,032
Total deposits	156,105	151,010
Federal Home Loan Bank advances	9,000	5,000
Other liabilities	522	423
Total liabilities	165,627	156,433
Stockholders' equity:
Common stock $.01 par value per share: 10,000,000 shares authorized, 2,247,589 shares issued at September 30, 2015 and December 31, 2014	22	22
Additional paid-in capital	20,761	20,770
Retained earnings	13,037	12,599
Unearned compensation - ESOP (169,318 shares unallocated at September 30, 2015 and 173,813 shares unallocated at December 31, 2014)	(1,693)	(1,738)
Accumulated other comprehensive loss	(21)	(51)
Total stockholders' equity	32,106	31,602
Total liabilities and stockholders' equity	$ 197,733	$ 188,035

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Securities held-to-maturity, fair value	$ 162	$ 196
Allowance for loan losses	$ 839	$ 743
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,247,589	2,247,589
Employee stock ownership plan, shares unallocated	169,318	173,813

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest and dividend income:
Interest and fees on loans		$ 1,696	$ 1,414	$ 4,839	$ 4,274
Interest on debt securities:
Taxable		47	47	133	136
Tax-exempt		17	15	51	55
Other interest and dividends		12	13	37	37
Total interest and dividend income		1,772	1,489	5,060	4,502
Interest expense:
Interest on deposits		250	266	730	770
Interest on Federal Home Loan Bank advances		18	7	45	37
Total interest expense		268	273	775	807
Net interest and dividend income		1,504	1,216	4,285	3,695
Provision for loan losses		36	0	96	0
Net interest and dividend income after provision for loan losses		1,468	1,216	4,189	3,695
Noninterest income:
Service charges on deposit accounts		30	29	90	90
Net gain on sales/calls of securities		16	1	17	69
Writedown of securities (includes losses of $3 for the three and nine month periods ended September 30, 2015 and $12 for the nine month period ended September 30, 2014, no amounts recognized in other comprehensive income in any of the periods, before taxes)		(3)	0	(3)	(12)
Gain on sales of loans, net		17	0	54	48
Rental income		63	67	194	193
Other income		33	31	96	95
Total noninterest income		156	128	448	483
Noninterest expense:
Salaries and employee benefits		749	649	2,259	2,005
Occupancy expense		120	110	418	369
Equipment expense		45	45	138	124
Data processing expense		100	98	277	285
Professional fees		104	79	300	213
FDIC assessment		36	36	106	97
Communications expense		31	29	90	88
Advertising and public relations expense		36	16	92	61
Insurance expense		20	17	61	50
Supplies expense		14	14	47	45
Other expense		49	51	173	162
Total noninterest expense		1,304	1,144	3,961	3,499
Income before income taxes		320	200	676	679
Income tax expense		117	69	238	247
Net income		$ 203	$ 131	$ 438	$ 432
Weighted-average number of common shares outstanding:
Basic (in shares)		2,077,522		2,076,024
Diluted (in shares)		2,077,522		2,076,024
Earnings per share:
Basic (in dollars per share)		$ 0.10		$ 0.21
Diluted (in dollars per share)	[1]	$ 0.10		$ 0.21
[1]	No potentially dilutive common shares

CONSOLIDATED STATEMENTS OF INC5

CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Losses recognized in other comprehensive income, before taxes	$ 3	$ 0	$ 3	$ 12

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net income		$ 203	$ 131	$ 438	$ 432
Other comprehensive income (loss), net of tax:
Net unrealized holding gain (loss) on available-for-sale securities		110	(29)	63	261
Reclassification adjustment for net realized gains in net income	[1]	(16)	(1)	(16)	(69)
Other comprehensive income (loss) before income tax effect		94	(30)	47	192
Income tax (expense) benefit		(35)	11	(17)	(72)
Other comprehensive income (loss), net of tax		59	(19)	30	120
Comprehensive income		$ 262	$ 112	$ 468	$ 552
[1]	Reclassification adjustments are comprised of realized security gains. The gains have been reclassified out of accumulated other comprehensive loss and have affected certain lines in the consolidated statements of income as follows: the pre-tax amount is included in net gain on sales/calls of securities, the tax expense amount is included in income tax expense and the after tax amount is included in net income.

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned Compensation - ESOP [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2013	$ 12,504	$ 0	$ 0	$ 12,718	$ 0	$ (214)
Balance (in Shares) at Dec. 31, 2013		0
Net income	432	$ 0	0	432	0	0
Other comprehensive income, net of tax effect	120	0	0	0	0	120
Balance at Sep. 30, 2014	13,056	$ 0	0	13,150	0	(94)
Balance (in Shares) at Sep. 30, 2014		0
Balance at Dec. 31, 2014	31,602	$ 22	20,770	12,599	(1,738)	(51)
Balance (in Shares) at Dec. 31, 2014		2,247,589
Net income	438	$ 0	0	438	0	0
Common stock held by ESOP committed to be allocated (4,495 shares)	53	0	8	0	45	0
Other comprehensive income, net of tax effect	30	0	0	0	0	30
Issuance costs related to initial public offering	(17)	0	(17)	0	0	0
Balance at Sep. 30, 2015	$ 32,106	$ 22	$ 20,761	$ 13,037	$ (1,693)	$ (21)
Balance (in Shares) at Sep. 30, 2015		2,247,589

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical)	9 Months Ended
	Sep. 30, 2015shares
Common Stock [Member]
Number of shares committed to be allocated	4,495

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income	$ 438	$ 432
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses	96	0
Capitalized interest - interest-bearing time deposits	(9)	(5)
Amortization of securities, net	63	70
Net gain on sales/call of securities	(17)	(69)
Loans originated for sale	(2,631)	(1,800)
Proceeds from sales of loans originated for sale	2,685	1,848
Gain on sales of loans	(54)	(48)
Change in deferred origination fees, costs and discounts, excluding purchase discounts	(47)	(9)
Writedown of securities	3	12
Depreciation and amortization	255	248
Increase in accrued interest receivable	(33)	(59)
Decrease (increase) in other assets	34	(1,096)
Increase in prepaid expenses	(2)	(9)
Decrease in income taxes receivable	89	0
Deferred tax expense	0	9
Increase in bank-owned life insurance	(35)	(36)
Stock based compensation expense	53	0
Increase (decrease) in other liabilities	99	(39)
Net cash provided by (used in) operating activities	987	(551)
Cash flows from investing activities:
Proceeds from redemption and maturities of interest-bearing time deposits	1,500	1,693
Purchase of Federal Home Loan Bank stock	(251)	(170)
Redemption of Federal Home Loan Bank stock	0	143
Purchases of available-for-sale securities	(4,384)	(2,797)
Proceeds from maturities of available-for-sale securities	250	1,191
Proceeds from sales of available-for-sale securities	0	2,718
Principal payments received on available-for-sale securities	2,188	0
Principal payments received on held-to-maturity securities	28	45
Loan principal originations and collections, net	(11,634)	7,812
Loans purchased	(8,558)	(6,763)
Recoveries on loans previously charged off	0	1
Capital expenditures	(52)	(119)
Net cash (used in) provided by investing activities	(20,913)	3,754
Cash flows from financing activities:
Net (decrease) increase in demand deposits, NOW and savings accounts	(1,909)	22,702
Net increase in time deposits	7,004	3,760
Payments on Federal Home Loan Bank long-term advances	(1,000)	(1,500)
Proceeds from Federal Home Loan Bank long-term advances	5,500	0
Net change in short-term Federal Home Loan Bank advances	(500)	(2,500)
Issuance costs related to initial public offering	(17)	0
Net cash provided by financing activities	9,078	22,462
Net (decrease) increase in cash and cash equivalents	(10,848)	25,665
Cash and cash equivalents at beginning of period	18,295	8,991
Cash and cash equivalents at end of period	7,447	34,656
Supplemental disclosures:
Interest paid	773	812
Income taxes paid	$ 149	$ 186

NATURE OF OPERATIONS

NATURE OF OPERATIONS	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Nature of Operations	NOTE 1 - NATURE OF OPERATIONS Pilgrim Bank (“the Bank”) is a Massachusetts-chartered stock co-operative bank which was incorporated in 1916 and is headquartered in Cohasset, Massachusetts. The Bank operates its business from three banking offices located in Massachusetts. The Bank is engaged principally in the business of attracting deposits from the general public and investing those deposits in residential and commercial real estate loans, and in commercial, consumer and small business loans. On October 10, 2014, in accordance with a Plan of Conversion (the “Conversion”), Conahasset Bancshares, MHC, the Bank’s former mutual holding company, completed a mutual-to-stock conversion pursuant to which the Bank became a wholly owned subsidiary of Pilgrim Bancshares, Inc., (the “Company”) a Maryland corporation incorporated in February 2014 for the purpose of becoming the Bank’s holding company upon completion of the Conversion. In connection with the conversion, the Company sold 2,182,125 179,807 10 65,464 2,247,589 1,685,000 20,136,000 At the time of conversion, the Company substantially restricted retained earnings by establishing a liquidation account and the Bank established a parallel liquidation account. The liquidation accounts will be maintained for the benefit of eligible account holders who continue to maintain their accounts at the Bank after conversion. The liquidation accounts will be reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holder’s interest in the liquidation accounts. In the event of a complete liquidation of the Bank or the Bank and the Company, and only in such event, each account holder will be entitled to receive a distribution from the liquidation accounts in an amount proportionate to the adjusted qualifying account balances then held. The Company and the Bank may not pay dividends if those dividends would cause regulatory capital to be reduced below applicable capital requirements or the amount required to maintain their respective liquidation account amounts.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank, and the Bank’s wholly-owned subsidiaries, 48 South Main Street Corporation, which was formed to hold securities for its own account; 40 South Main Street Realty Trust, which was formed to hold our main office; and 800 CJC Realty Corporation, which was formed to invest in and develop residential and commercial property. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited interim consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and accompanying notes required by U.S. generally accepted accounting principles for complete financial statements. Information included herein as of September 30, 2015 and for the interim periods ended September 30, 2015 and 2014 is unaudited; however, in the opinion of management, all adjustments considered necessary for a fair presentation have been included and were of a normal recurring nature. The results of operations for the nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the entire year or any other interim period. These statements should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. In preparing consolidated financial statements in conformity with U.S. generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheets and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, impairment of securities and the valuation of deferred tax assets.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, “Revenue from Contracts with Customers (Topic 606).” The objective of this ASU is to clarify principles for recognizing revenue and to develop a common revenue standard for Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards. The guidance in this ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public entities, the amendments in this update are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. However, in July 2015, the FASB voted to approve deferring the effective date by one year (i.e. interim and annual reporting periods beginning after December 15, 2017). Early adoption is permitted, but not before the original effective date (i.e. interim and annual reporting periods beginning after December 15, 2016). The Company is currently reviewing this ASU to determine if it will have an impact on its consolidated financial statements. In February 2015, the FASB issued ASU 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis.” The amendments in this ASU affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. Specifically, the amendments: (1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (“VIEs”) or voting interest entities; (2) Eliminate the presumption that a general partner should consolidate a limited partnership; (3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and (4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. ASU 2015-02 is effective for interim and annual reporting periods beginning after December 15, 2015. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The standard is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The guidance should be applied on a retrospective basis. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer’s accounting for service contracts. This ASU is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In May 2015, the FASB issued ASU 2015-07, “Fair Value Measurement (Topic 820) - Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).” The objective of this update is to address the diversity in practice related to how certain investments measured at net asset value with redemption dates in the future are categorized within the fair value hierarchy. The amendments in this update remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments in this update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements.

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share (EPS)	NOTE 4 - EARNINGS PER SHARE (EPS) The Company has adopted the EPS guidance included in Accounting Standards Codification (“ASC”) 260-10. As presented below, basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS, if presented, reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. For purposes of computing diluted EPS, the treasury stock method is used. Because the formation of the Company was completed on October 10, 2014, earnings per share data is not meaningful for prior comparative periods and is therefore not presented. Unallocated ESOP shares are not deemed outstanding for earnings per share calculations. EPS for the three and nine months ended September 30, 2015 has been computed based on the following: Three Months Ended Nine Months Ended September 30, 2015 September 30, 2015 Net income (In thousands) $ 203 $ 438 Basic common shares: Weighted average shares outstanding 2,247,589 2,247,589 Less: Weighted average unallocated ESOP shares (170,067) (171,565) Basic weighted average shares outstanding 2,077,522 2,076,024 Basic earnings per share $ 0.10 $ 0.21 Diluted earnings per share (1) $ 0.10 $ 0.21 1) No potentially dilutive common shares

INVESTMENTS IN SECURITIES

INVESTMENTS IN SECURITIES	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Securities	NOTE 5 - INVESTMENTS IN SECURITIES Investments in securities have been classified in the consolidated balance sheets according to management’s intent. The amortized cost of securities and their approximate fair values are as follows: Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Available-for-sale securities: September 30, 2015 (unaudited): Debt securities issued by U.S. government corporations and agencies $ 2,100 $ 11 $ 9 $ 2,102 Debt securities issued by states of the United States and political subdivisions of the states 2,993 14 24 2,983 Mortgage-backed securities 8,650 43 70 8,623 $ 13,743 $ 68 $ 103 $ 13,708 December 31, 2014: Debt securities issued by U.S. government corporations and agencies $ 1,985 $ 7 $ 17 $ 1,975 Debt securities issued by states of the United States and political subdivisions of the states 3,258 5 30 3,233 Mortgage-backed securities 6,606 24 71 6,559 $ 11,849 $ 36 $ 118 $ 11,767 Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Held-to-maturity securities: September 30, 2015 (unaudited): Mortgage-backed securities $ 124 $ 38 $ - $ 162 $ 124 $ 38 $ - $ 162 December 31, 2014: Mortgage-backed securities $ 149 $ 47 $ - $ 196 $ 149 $ 47 $ - $ 196 The scheduled maturities of debt securities were as follows as of September 30, 2015 (unaudited): Available-For-Sale Held-To-Maturity Amortized Fair Cost Fair Value Basis Value (In Thousands) Due within one year $ 407 $ - $ - Due after one year through five years 2,173 - - Due after five years through ten years 984 - - Due after ten years 1,521 - - Mortgage-backed securities 8,623 124 162 $ 13,708 $ 124 $ 162 Proceeds from sales of available-for-sale securities during the nine months ended September 30, 2014 (unaudited) were $ 2,718,000 69,000 25,000 As of September 30, 2015 (unaudited) and December 31, 2014, there were no securities of issuers whose aggregate carrying amount exceeded 10 The aggregate fair value and unrealized losses of securities that have been in a continuous unrealized loss position for less than twelve months and for twelve months or more are as follows: Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) September 30, 2015 (unaudited) : Debt securities issued by U.S. government corporations and agencies $ 299 $ - $ 491 $ 9 $ 790 $ 9 Debt securities issued by states of the United States and political subdivisions of the states 978 13 756 11 1,734 24 Mortgage-backed securities 1,385 13 2,224 57 3,609 70 Total temporarily impaired securities $ 2,662 $ 26 $ 3,471 $ 77 $ 6,133 $ 103 December 31, 2014 : Debt securities issued by U.S. government corporations and agencies $ - $ - $ 1,485 $ 17 $ 1,485 $ 17 Debt securities issued by states of the United States and political subdivisions of the states 950 8 1,232 22 2,182 30 Mortgage-backed securities 1,411 3 2,641 68 4,052 71 Total temporarily impaired securities 2,361 11 5,358 107 7,719 118 Other-than-temporarily impaired securities: Mortgage-backed securities - - 3 - 3 - Total temporarily impaired and other- than-temporarily impaired securities $ 2,361 $ 11 $ 5,361 $ 107 $ 7,722 $ 118 As of September 30, 2015 (unaudited) and December 31, 2014, investment securities with unrealized losses consist of debt securities issued by U.S. government agencies and government-sponsored enterprises, debt securities issued by states of the United States and political subdivisions of the states and non-agency mortgage-backed securities. The Company reviews investments for other-than-temporary impairment using a number of factors including the length of time and the extent to which the market value has been less than cost and by examining any credit deterioration or ratings downgrades. The unrealized losses in the above tables are primarily attributable to changes in market interest rates. As Company management has the intent and ability to hold impaired debt securities until maturity, or for the foreseeable future if classified as available-for-sale, no declines are deemed to be other-than-temporary. For those debt securities for which the fair value of the security is less than its amortized cost and the Company does not intend to sell such security and it is more likely than not that it will not be required to sell such security prior to the recovery of its amortized cost basis less any credit losses, ASC 320-10, “Investments - Debt and Equity Securities,” requires that the credit component of the other-than-temporary impairment losses be recognized in earnings while the noncredit component is recognized in other comprehensive income, net of related taxes. Upon acquisition of a security, the Company decides whether it is within the scope of the accounting guidance for beneficial interests in securitized financial assets or will be evaluated for impairment under the accounting guidance for investments in debt and equity securities. The accounting guidance for beneficial interests in securitized financial assets provides incremental impairment guidance for a subset of debt securities within the scope of the guidance for investments in debt and equity securities. For securities where the security is a beneficial interest in securitized financial assets, the Company uses the beneficial interests in securitized financial assets impairment model. For securities where the security is not a beneficial interest in securitized financial assets, the Company uses the debt and equity securities impairment model. The following table summarizes other-than-temporary impairment losses on securities for the three and nine months ended September 30, 2015 and 2014 (unaudited): Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Non-Agency Non-Agency Non-Agency Non-Agency Mortgage-Backed Mortgage-Backed Mortgage-Backed Mortgage-Backed Securities Securities Securities Securities (In Thousands) (In Thousands) Total other-than-temporary impairment losses $ 3 $ - $ 3 $ 12 Less: unrealized other-than-temporary losses recognized in other comprehensive income (1) - - - - Net impairment losses recognized in earnings (2) $ 3 $ - $ 3 $ 12 (1) Represents the noncredit component of the other-than-temporary impairment on the securities. (2) Represents the credit component of the other-than-temporary impairment on securities For the three and nine months ended September 30, 2015 and 2014, debt securities with other-than-temporary impairment losses related to credit quality that were recognized in earnings consisted of non-agency mortgage-backed securities. The Company estimated the credit component portion of loss for the non-agency mortgage-backed securities using a discounted cash flow model. Significant inputs for the non-agency mortgage-backed securities included estimated cash flows of the underlying collateral based on key assumptions such as default rate, loss severity and prepayment rate. The present value of the expected cash flows was compared to the Company’s holdings to determine the credit-related impairment loss. Based on the expected cash flows derived from the model, the Company expects to recover the remaining unrealized losses on non-agency mortgage-backed securities.

LOANS

LOANS	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Loans	NOTE 6 - LOANS September 30, December 31, 2015 2014 (unaudited) (In Thousands) Real estate loans: One-to four- family residential $ 102,840 $ 96,440 Commercial 17,773 17,401 Multi-family 14,698 10,171 Home equity loans and lines of credit 2,206 2,854 Construction 19,145 12,072 Commercial and industrial loans 4,501 3,012 Consumer loans: Consumer lines of credit 21 21 Other consumer loans 3,425 2,446 164,609 144,417 Net deferred loan origination fees, costs and discounts 147 100 Allowance for loan losses (839) (743) Net loans $ 163,917 $ 143,774 Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Lines of Credit Other Consumer Unallocated Total (In Thousands) Nine months ended September 30, 2015 (unaudited): Allowance for loan losses: Beginning balance $ 362 $ 134 $ 36 $ 27 $ 121 $ 8 $ 1 $ 20 $ 34 $ 743 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 8 (14) 19 (13) 99 9 - 12 (24) 96 Ending balance $ 370 $ 120 $ 55 $ 14 $ 220 $ 17 $ 1 $ 32 $ 10 $ 839 Nine months ended September 30, 2014 (unaudited): Allowance for loan losses: Beginning balance $ 323 $ 195 $ 51 $ 30 $ 49 $ 16 $ 1 $ 20 $ 57 $ 742 Charge-offs - - - - - - - - - - Recoveries 1 - - - - - - - - 1 (Benefit) provision (8) (49) 7 72 (7) (1) 6 (20) - Ending balance $ 316 $ 146 $ 51 $ 37 $ 121 $ 9 $ - $ 26 $ 37 $ 743 At September 30, 2015 (unaudited): Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 23 $ - $ - $ - $ - $ - $ - $ - $ - $ 23 Ending balance: Collectively evaluated for impairment 347 120 55 14 220 17 1 32 10 816 Total allowance for loan losses ending balance $ 370 $ 120 $ 55 $ 14 $ 220 $ 17 $ 1 $ 32 $ 10 $ 839 Loans: Ending balance: Individually evaluated for impairment $ 6,149 $ 688 $ - $ 53 $ - $ - $ - $ - $ - $ 6,890 Ending balance: Collectively evaluated for impairment 96,691 17,085 14,698 2,153 19,145 4,501 21 3,425 - 157,719 Total loans ending balance $ 102,840 $ 17,773 $ 14,698 $ 2,206 $ 19,145 $ 4,501 $ 21 $ 3,425 $ - $ 164,609 At December 31, 2014 : Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 37 $ - $ - $ - $ - $ - $ - $ - $ - $ 37 Ending balance: Collectively evaluated for impairment 325 134 36 27 121 8 1 20 34 706 Total allowance for loan losses ending balance $ 362 $ 134 $ 36 $ 27 $ 121 $ 8 $ 1 $ 20 $ 34 $ 743 Loans: Ending balance: Individually evaluated for impairment $ 6,572 $ 695 $ - $ 53 $ - $ - $ - $ - $ - $ 7,320 Ending balance: Collectively evaluated for impairment 89,868 16,706 10,171 2,801 12,072 3,012 21 2,446 - 137,097 Total loans ending balance $ 96,440 $ 17,401 $ 10,171 $ 2,854 $ 12,072 $ 3,012 $ 21 $ 2,446 $ - $ 144,417 90 Days 90 Days or More or More Total Total Past Due Nonaccrual 30-59 Days 60-89 Days Past Due Past Due Current Total and Accruing Loans (In Thousands) September 30, 2015 (unaudited): Real estate loans: One- to four-family residential $ 541 $ - $ 1,393 $ 1,934 $ 100,906 $ 102,840 $ - $ 1,413 Commercial - - - 17,773 17,773 - - Multi-family - - - - 14,698 14,698 - - Home equity loans and lines of credit 3 61 - 64 2,142 2,206 - - Construction - - - - 19,145 19,145 - - Commercial and industrial loans - - - - 4,501 4,501 - - Consumer loans: Consumer lines of credit - - - - 21 21 - - Other consumer - - 8 8 3,417 3,425 8 - Total $ 544 $ 61 $ 1,401 $ 2,006 $ 162,603 $ 164,609 $ 8 $ 1,413 December 31, 2014: Real estate loans: One- to four-family residential $ 728 $ - $ 1,393 $ 2,121 $ 94,319 $ 96,440 $ - $ 1,419 Commercial - - - - 17,401 17,401 - - Multi-family 938 - - 938 9,233 10,171 - - Home equity loans and lines of credit - 53 - 53 2,801 2,854 - - Construction - - - - 12,072 12,072 - - Commercial and industrial loans - - - - 3,012 3,012 - - Consumer loans: Consumer lines of credit - - - - 21 21 - - Other consumer 9 - - 9 2,437 2,446 - - Total $ 1,675 $ 53 $ 1,393 $ 3,121 $ 141,296 $ 144,417 $ - $ 1,419 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In Thousands) September 30, 2015 (unaudited): With no related allowance recorded: Real estate loans: One- to four-family residential $ 5,582 $ 5,582 $ - $ 5,840 $ 147 Commercial 688 688 - 691 29 Home equity lines of credit 53 53 - 53 1 Total impaired with no related allowance $ 6,323 $ 6,323 $ - $ 6,584 $ 177 With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 567 $ 23 $ 573 $ 17 Commercial - - - - - Home equity lines of credit - - - - - Total impaired with an allowance recorded $ 567 $ 567 $ 23 $ 573 $ 17 Total Real estate loans: One- to four-family residential $ 6,149 $ 6,149 $ 23 $ 6,413 $ 164 Commercial 688 688 - 691 29 Home equity lines of credit 53 53 - 53 1 Total impaired loans $ 6,890 $ 6,890 $ 23 $ 7,157 $ 194 December 31, 2014: With no related allowance recorded: Real estate loans: One- to four-family residential $ 5,991 $ 5,991 $ - $ 5,586 $ 226 Commercial 695 695 - 699 50 Home equity lines of credit 53 53 - 8 - Total impaired with no related allowance $ 6,739 $ 6,739 $ - $ 6,293 $ 276 With an allowance recorded: Real estate loans: One- to four-family residential $ 581 $ 581 $ 37 $ 589 $ 22 Commercial - - - - - Home equity lines of credit - - - - - Total impaired with an allowance recorded $ 581 $ 581 $ 37 $ 589 $ 22 Total Real estate loans: One- to four-family residential $ 6,572 $ 6,572 $ 37 $ 6,175 $ 248 Commercial 695 695 - 699 50 Home equity lines of credit 53 53 - 8 - Total impaired loans $ 7,320 $ 7,320 $ 37 $ 6,882 $ 298 Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Lines of Credit Other Consumer Total (In Thousands) September 30, 2015 (unaudited): Grade: Pass $ - $ 17,085 $ 14,698 $ - $ 19,145 $ 4,501 $ - $ - $ 55,429 Special mention 541 - - 53 - - - - 594 Substandard 3,815 688 - - - - - - 4,503 Loans not formally rated 98,484 2,153 - - 21 3,425 104,083 Total $ 102,840 $ 17,773 $ 14,698 $ 2,206 $ 19,145 $ 4,501 $ 21 $ 3,425 $ 164,609 December 31, 2014: Grade: Pass $ - $ 16,706 $ 9,233 $ - $ 12,072 $ 3,012 $ - $ - $ 41,023 Special mention 2,417 695 - 53 - - - - 3,165 Substandard 1,393 - 938 - - - - - 2,331 Loans not formally rated 92,630 - - 2,801 - - 21 2,446 97,898 Total $ 96,440 $ 17,401 $ 10,171 $ 2,854 $ 12,072 $ 3,012 $ 21 $ 2,446 $ 144,417 At September 30, 2015 and December 31, 2014, there were no loans rated “doubtful” or “loss.” Credit Quality Information The Company utilizes a seven grade internal loan rating system for commercial real estate, construction and commercial loans as follows: Loans rated 1 - 3: Loans in these categories are considered “pass” rated loans with low to average risk. Loans rated 4: Loans in this category are considered “special mention.” These loans are starting to show signs of potential weakness and are being closely monitored by management. Loans rated 5: Loans in this category are considered “substandard.” Generally, a loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged. There is a distinct possibility that the Company will sustain some loss if the weakness is not corrected. Loans rated 6: Loans in this category are considered “doubtful.” Loans classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable. Loans rated 7: Loans in this category are considered uncollectible (“loss”) and of such little value that their continuance as loans is not warranted. On an annual basis, or more often if needed, the Company formally reviews the ratings on all commercial real estate, construction and commercial loans. For residential real estate and consumer loans, the Company initially assesses credit quality based upon the borrower’s ability to pay and subsequently monitors these loans based on the borrower’s payment activity. The Company classifies loans modified as troubled debt restructurings (TDRs) as impaired loans with an allowance established as part of the allocated component of the allowance for loan losses when the discounted cash flows or value of the underlying collateral of the impaired loan is lower than its carrying value. During the nine months ended September 30, 2015 (unaudited), there were no loans modified as TDRs. As of September 30, 2015 (unaudited), there were no commitments to lend additional funds to borrowers whose loans were modified as troubled debt restructurings. Loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balances of mortgage and other loans serviced for others were $ 21.1 17.6

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Deposits	NOTE 7 – DEPOSITS The aggregate amount of time deposit accounts in denominations of $100,000 or more as of September 30, 2015 (unaudited) and December 31, 2014 was $ 46.8 38.7 The aggregate amount of time deposits in denominations that meet or exceed the Federal Deposit Insurance Corporation (FDIC) insurance limit of $250,000 at September 30, 2015 (unaudited) and December 31, 2014 was $ 18.7 15.7 (In Thousands) 2016 $ 37,526 2017 18,123 2018 15,111 2019 1,314 2020 1,413 Total $ 73,487

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Federal Home Loan Bank Advances	NOTE 8 - FEDERAL HOME LOAN BANK ADVANCES (In Thousands) 2016 $ 3,500 2017 2,500 2018 3,000 $ 9,000 Interest rates range from 0.24 1.15 0.74 Borrowings from the FHLB are secured by a blanket lien on qualified collateral, consisting primarily of loans with first mortgages secured by one-to-four family properties, certain unencumbered investment securities and other qualified assets.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 9 - FAIR VALUE MEASUREMENTS ASC 820-10, “Fair Value Measurement - Overall,” provides a framework for measuring fair value under generally accepted accounting principles. This guidance also allows an entity the irrevocable option to elect fair value for the initial and subsequent measurement for certain financial assets and liabilities on a contract-by-contract basis. Level 1 - Valuations for assets and liabilities traded in active exchange markets, such as the New York Stock Exchange. Level 1 also includes U.S. Treasury, other U.S. Government and agency mortgage-backed securities that are traded by dealers or brokers in active markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2 - Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities. Level 3 - Valuations for assets and liabilities that are derived from other methodologies, including option pricing models, discounted cash flow models and similar techniques, are not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets and liabilities. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. These valuation methodologies were applied to all of the Company’s financial assets and financial liabilities carried at fair value as of September 30, 2015 (unaudited) and December 31, 2014. The Company did not have any significant transfers between level 1 and level 2 of the fair value hierarchy during the nine months ended September 30, 2015 (unaudited) and the year ended December 31, 2014. The Company’s investment in mortgage-backed securities and other debt securities available-for-sale is generally classified within level 2 of the fair value hierarchy. For these securities, we obtain fair value measurements from independent pricing services. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. treasury yield curve, trading levels, market consensus prepayment speeds, credit information and the instrument’s terms and conditions. Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Subsequent to inception, management only changes level 3 inputs and assumptions when corroborated by evidence such as transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalization and other transactions across the capital structure, offerings in the equity or debt markets, and changes in financial ratios or cash flows. The Company’s impaired loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using level 2 inputs based upon appraisals of similar properties obtained from a third party. For level 3 inputs, fair value is based upon management estimates of the value of the underlying collateral or the present value of the expected cash flows. Other real estate owned values are estimated using level 2 inputs based upon appraisals of similar properties obtained from a third party. For level 3 inputs, fair values are based on management estimates. The following summarizes assets measured at fair value as of September 30, 2015 (unaudited) and December 31, 2014. Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) September 30, 2015 (unaudited): Debt securities issued by U.S. government corporations and agencies $ 2,102 $ - $ 2,102 $ - Debt securities issued by states of the United States and political subdivisions of the states 2,983 - 2,983 - Mortgage-backed securities 8,623 - 8,623 - Totals $ 13,708 $ - $ 13,708 $ - December 31, 2014: Debt securities issued by U.S. government corporations and agencies $ 1,975 $ - $ 1,975 $ - Debt securities issued by states of the United States and political subdivisions of the states 3,233 - 3,233 - Mortgage-backed securities 6,559 - 6,559 - Totals $ 11,767 $ - $ 11,767 $ - ASSETS MEASURED AT FAIR VALUE ON A NONRECURRING BASIS Under certain circumstances we make adjustments to fair value for certain assets and liabilities although they are not measured at fair value on an ongoing basis. Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) September 30, 2015 (unaudited): Impaired loans $ 544 $ - $ - $ 544 Totals $ 544 $ - $ - $ 544 December 31, 2014: Impaired loans $ 544 $ - $ - $ 544 Totals $ 544 $ - $ - $ 544 September 30, 2015 (unaudited) Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 7,447 $ 7,447 $ - $ - $ 7,447 Interest-bearing time deposits with other banks 1,084 - 1,085 - 1,085 Available-for-sale securities 13,708 - 13,708 - 13,708 Held-to-maturity securities 124 - 162 - 162 Federal Home Loan Bank stock 945 945 - - 945 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 163,917 - - 166,456 166,456 Accrued interest receivable 480 480 - - 480 Financial liabilities: Deposits 156,105 - 156,750 - 156,750 FHLB advances 9,000 - 9,004 - 9,004 December 31, 2014 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 18,295 $ 18,295 $ - $ - $ 18,295 Interest-bearing time deposits with other banks 2,575 - 2,578 - 2,578 Available-for-sale securities 11,767 - 11,767 - 11,767 Held-to-maturity securities 149 - 196 - 196 Federal Home Loan Bank stock 694 694 - - 694 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 143,774 - - 146,705 146,705 Accrued interest receivable 447 447 - - 447 Financial liabilities: Deposits 151,010 - 151,638 - 151,638 FHLB advances 5,000 - 5,006 - 5,006 The carrying amounts of financial instruments shown in the above table are included in the consolidated balance sheets as of September 30, 2015 (unaudited) and December 31, 2014 under the indicated captions. Accounting policies related to financial instruments are described below. ASC 825, “Financial Instruments,” requires that the Company disclose estimated fair values for its financial instruments. Fair value methods and assumptions used by the Company in estimating its fair value disclosures are as follows: Cash and cash equivalents: The carrying amounts reported in the consolidated balance sheets for cash and cash equivalents approximate those assets' fair values. Interest-bearing time deposits with other banks: The fair value of interest-bearing time deposits with other banks was determined by discounting the cash flows associated with these instruments using current market rates for deposits with similar characteristics. Securities: Fair values for securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. Loans receivable: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for other loans are estimated by discounting the future cash flows, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Accrued interest receivable: The carrying amount of accrued interest receivable approximates its fair value. Deposit liabilities: The fair values disclosed for demand deposits, regular savings, NOW accounts, and money market accounts are equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits. Federal Home Loan Bank advances: Fair values for Federal Home Loan Bank advances are estimated using a discounted cash flow technique that applies interest rates currently being offered on advances to a schedule of aggregated expected monthly maturities on Federal Home Loan Bank advances. Off-balance sheet instruments: The fair value of commitments to originate loans is estimated using the fees currently charged to enter similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments and the unadvanced portion of loans, fair value also considers the difference between current levels of interest rates and the committed rates.

REGULATORY CAPITAL

REGULATORY CAPITAL	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Regulatory Capital	NOTE 10 – REGULATORY CAPITAL The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Effective January 1, 2015 (with a phase-in period of two to four years for certain components), the Bank became subject to new capital regulations adopted by the Board of Governors of the Federal Reserve System (“FRB”) and the FDIC, which implement the Basel III regulatory capital reforms and the changes required by the Dodd-Frank Act. The new regulations require a new common equity Tier 1 (“CETI”) capital ratio of 4.5 6.0 4.0 8.0 4.0 6.5 8.0 6.0 10.0 5.0 0.625 0.625 2.5 The new regulations implemented changes to what constitutes regulatory capital. Certain instruments will no longer constitute qualifying capital, subject to phase-out periods. In addition, Tier 2 capital is no longer limited to the amount of Tier 1 capital included in total capital. Mortgage servicing rights, certain deferred tax assets and investments in unconsolidated subsidiaries over designated percentages of CETI will be deducted from capital. The Bank has elected to permanently opt out of the inclusion of accumulated other comprehensive income (loss) in capital calculations, as permitted by the regulations. This opt-out will reduce the impact of market volatility on our regulatory capital ratios. The new regulations also changed the risk weights of certain assets, including an increase in the risk weight of certain high volatility commercial real estate acquisition, development and construction loans and non-residential mortgage loans that are 90 days past due or on non-accrual status to 150 100 20 0 250 100 600 0 As of September 30, 2015 (unaudited), the most recent notification from the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution’s category. The Bank’s actual capital amounts and ratios are presented in the table below. September 30, December 31, Regulatory Capital and Ratios 2015 2014 (Dollars In Thousands) Regulatory Capital Total Stockholder’s Equity $ 21,906 $ 21,347 Add: Net unrealized losses on investment securities, net of tax 21 51 Common Equity Tier 1 Capital 21,927 na Tier 1 Capital 21,927 21,398 Allowable reserve for credit losses and unfunded commitments 857 755 Total Regulatory Capital (1) $ 22,784 $ 22,153 Average Assets $ 194,480 $ 183,666 Risk Weighted Assets (1) $ 135,482 $ 101,078 Key Regulatory Ratios (1) Common Equity Tier 1 Capital Ratio 16.2 % na Tier 1 Capital Ratio 16.2 21.2 % Total Capital Ratio 16.8 21.9 Tier 1 Leverage Ratio 11.3 11.7 (1) September 30, 2015 capital levels and ratios were calculated under the new capital regulations, which became effective January 1, 2015

Accounting Policies (Policies)

Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy	The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank, and the Bank’s wholly-owned subsidiaries, 48 South Main Street Corporation, which was formed to hold securities for its own account; 40 South Main Street Realty Trust, which was formed to hold our main office; and 800 CJC Realty Corporation, which was formed to invest in and develop residential and commercial property. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited interim consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and accompanying notes required by U.S. generally accepted accounting principles for complete financial statements. Information included herein as of September 30, 2015 and for the interim periods ended September 30, 2015 and 2014 is unaudited; however, in the opinion of management, all adjustments considered necessary for a fair presentation have been included and were of a normal recurring nature. The results of operations for the nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the entire year or any other interim period. These statements should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. In preparing consolidated financial statements in conformity with U.S. generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheets and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, impairment of securities and the valuation of deferred tax assets.
New Accounting Pronouncements, Policy	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, “Revenue from Contracts with Customers (Topic 606).” The objective of this ASU is to clarify principles for recognizing revenue and to develop a common revenue standard for Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards. The guidance in this ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public entities, the amendments in this update are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. However, in July 2015, the FASB voted to approve deferring the effective date by one year (i.e. interim and annual reporting periods beginning after December 15, 2017). Early adoption is permitted, but not before the original effective date (i.e. interim and annual reporting periods beginning after December 15, 2016). The Company is currently reviewing this ASU to determine if it will have an impact on its consolidated financial statements. In February 2015, the FASB issued ASU 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis.” The amendments in this ASU affect reporting entities that are required to evaluate whether they should consolidate certain legal entities. Specifically, the amendments: (1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (“VIEs”) or voting interest entities; (2) Eliminate the presumption that a general partner should consolidate a limited partnership; (3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and (4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. ASU 2015-02 is effective for interim and annual reporting periods beginning after December 15, 2015. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The standard is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The guidance should be applied on a retrospective basis. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer’s accounting for service contracts. This ASU is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In May 2015, the FASB issued ASU 2015-07, “Fair Value Measurement (Topic 820) - Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).” The objective of this update is to address the diversity in practice related to how certain investments measured at net asset value with redemption dates in the future are categorized within the fair value hierarchy. The amendments in this update remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments in this update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements.
Fair Value Measurement, Policy	Level 1 - Valuations for assets and liabilities traded in active exchange markets, such as the New York Stock Exchange. Level 1 also includes U.S. Treasury, other U.S. Government and agency mortgage-backed securities that are traded by dealers or brokers in active markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2 - Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities. Level 3 - Valuations for assets and liabilities that are derived from other methodologies, including option pricing models, discounted cash flow models and similar techniques, are not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets and liabilities.

EARNINGS PER SHARE (EPS) (Table

EARNINGS PER SHARE (EPS) (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Summary of Earnings Per Share	EPS for the three and nine months ended September 30, 2015 has been computed based on the following: Three Months Ended Nine Months Ended September 30, 2015 September 30, 2015 Net income (In thousands) $ 203 $ 438 Basic common shares: Weighted average shares outstanding 2,247,589 2,247,589 Less: Weighted average unallocated ESOP shares (170,067) (171,565) Basic weighted average shares outstanding 2,077,522 2,076,024 Basic earnings per share $ 0.10 $ 0.21 Diluted earnings per share (1) $ 0.10 $ 0.21 1) No potentially dilutive common shares

INVESTMENTS IN SECURITIES (Tabl

INVESTMENTS IN SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Values of Securities	The amortized cost of securities and their approximate fair values are as follows: Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Available-for-sale securities: September 30, 2015 (unaudited): Debt securities issued by U.S. government corporations and agencies $ 2,100 $ 11 $ 9 $ 2,102 Debt securities issued by states of the United States and political subdivisions of the states 2,993 14 24 2,983 Mortgage-backed securities 8,650 43 70 8,623 $ 13,743 $ 68 $ 103 $ 13,708 December 31, 2014: Debt securities issued by U.S. government corporations and agencies $ 1,985 $ 7 $ 17 $ 1,975 Debt securities issued by states of the United States and political subdivisions of the states 3,258 5 30 3,233 Mortgage-backed securities 6,606 24 71 6,559 $ 11,849 $ 36 $ 118 $ 11,767 Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Held-to-maturity securities: September 30, 2015 (unaudited): Mortgage-backed securities $ 124 $ 38 $ - $ 162 $ 124 $ 38 $ - $ 162 December 31, 2014: Mortgage-backed securities $ 149 $ 47 $ - $ 196 $ 149 $ 47 $ - $ 196
Scheduled Maturities of Debt Securities	The scheduled maturities of debt securities were as follows as of September 30, 2015 (unaudited): Available-For-Sale Held-To-Maturity Amortized Fair Cost Fair Value Basis Value (In Thousands) Due within one year $ 407 $ - $ - Due after one year through five years 2,173 - - Due after five years through ten years 984 - - Due after ten years 1,521 - - Mortgage-backed securities 8,623 124 162 $ 13,708 $ 124 $ 162
Schedule of Aggregate Fair Value and Unrealized Losses of Securities	The aggregate fair value and unrealized losses of securities that have been in a continuous unrealized loss position for less than twelve months and for twelve months or more are as follows: Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) September 30, 2015 (unaudited) : Debt securities issued by U.S. government corporations and agencies $ 299 $ - $ 491 $ 9 $ 790 $ 9 Debt securities issued by states of the United States and political subdivisions of the states 978 13 756 11 1,734 24 Mortgage-backed securities 1,385 13 2,224 57 3,609 70 Total temporarily impaired securities $ 2,662 $ 26 $ 3,471 $ 77 $ 6,133 $ 103 December 31, 2014 : Debt securities issued by U.S. government corporations and agencies $ - $ - $ 1,485 $ 17 $ 1,485 $ 17 Debt securities issued by states of the United States and political subdivisions of the states 950 8 1,232 22 2,182 30 Mortgage-backed securities 1,411 3 2,641 68 4,052 71 Total temporarily impaired securities 2,361 11 5,358 107 7,719 118 Other-than-temporarily impaired securities: Mortgage-backed securities - - 3 - 3 - Total temporarily impaired and other- than-temporarily impaired securities $ 2,361 $ 11 $ 5,361 $ 107 $ 7,722 $ 118
Schedule of Other-than-Temporary Impairment Losses on Securities	The following table summarizes other-than-temporary impairment losses on securities for the three and nine months ended September 30, 2015 and 2014 (unaudited): Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Non-Agency Non-Agency Non-Agency Non-Agency Mortgage-Backed Mortgage-Backed Mortgage-Backed Mortgage-Backed Securities Securities Securities Securities (In Thousands) (In Thousands) Total other-than-temporary impairment losses $ 3 $ - $ 3 $ 12 Less: unrealized other-than-temporary losses recognized in other comprehensive income (1) - - - - Net impairment losses recognized in earnings (2) $ 3 $ - $ 3 $ 12 (1) Represents the noncredit component of the other-than-temporary impairment on the securities. (2) Represents the credit component of the other-than-temporary impairment on securities

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Schedule of Loans	Loans consisted of the following: September 30, December 31, 2015 2014 (unaudited) (In Thousands) Real estate loans: One-to four- family residential $ 102,840 $ 96,440 Commercial 17,773 17,401 Multi-family 14,698 10,171 Home equity loans and lines of credit 2,206 2,854 Construction 19,145 12,072 Commercial and industrial loans 4,501 3,012 Consumer loans: Consumer lines of credit 21 21 Other consumer loans 3,425 2,446 164,609 144,417 Net deferred loan origination fees, costs and discounts 147 100 Allowance for loan losses (839) (743) Net loans $ 163,917 $ 143,774
Schedule of Allowance for Loan Losses	The following tables set forth information regarding the allowance for loan losses as of and for the nine months ended September 30, 2015 and 2014 (unaudited) and at December 31, 2014: Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Lines of Credit Other Consumer Unallocated Total (In Thousands) Nine months ended September 30, 2015 (unaudited): Allowance for loan losses: Beginning balance $ 362 $ 134 $ 36 $ 27 $ 121 $ 8 $ 1 $ 20 $ 34 $ 743 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 8 (14) 19 (13) 99 9 - 12 (24) 96 Ending balance $ 370 $ 120 $ 55 $ 14 $ 220 $ 17 $ 1 $ 32 $ 10 $ 839 Nine months ended September 30, 2014 (unaudited): Allowance for loan losses: Beginning balance $ 323 $ 195 $ 51 $ 30 $ 49 $ 16 $ 1 $ 20 $ 57 $ 742 Charge-offs - - - - - - - - - - Recoveries 1 - - - - - - - - 1 (Benefit) provision (8) (49) 7 72 (7) (1) 6 (20) - Ending balance $ 316 $ 146 $ 51 $ 37 $ 121 $ 9 $ - $ 26 $ 37 $ 743 At September 30, 2015 (unaudited): Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 23 $ - $ - $ - $ - $ - $ - $ - $ - $ 23 Ending balance: Collectively evaluated for impairment 347 120 55 14 220 17 1 32 10 816 Total allowance for loan losses ending balance $ 370 $ 120 $ 55 $ 14 $ 220 $ 17 $ 1 $ 32 $ 10 $ 839 Loans: Ending balance: Individually evaluated for impairment $ 6,149 $ 688 $ - $ 53 $ - $ - $ - $ - $ - $ 6,890 Ending balance: Collectively evaluated for impairment 96,691 17,085 14,698 2,153 19,145 4,501 21 3,425 - 157,719 Total loans ending balance $ 102,840 $ 17,773 $ 14,698 $ 2,206 $ 19,145 $ 4,501 $ 21 $ 3,425 $ - $ 164,609 At December 31, 2014 : Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 37 $ - $ - $ - $ - $ - $ - $ - $ - $ 37 Ending balance: Collectively evaluated for impairment 325 134 36 27 121 8 1 20 34 706 Total allowance for loan losses ending balance $ 362 $ 134 $ 36 $ 27 $ 121 $ 8 $ 1 $ 20 $ 34 $ 743 Loans: Ending balance: Individually evaluated for impairment $ 6,572 $ 695 $ - $ 53 $ - $ - $ - $ - $ - $ 7,320 Ending balance: Collectively evaluated for impairment 89,868 16,706 10,171 2,801 12,072 3,012 21 2,446 - 137,097 Total loans ending balance $ 96,440 $ 17,401 $ 10,171 $ 2,854 $ 12,072 $ 3,012 $ 21 $ 2,446 $ - $ 144,417
Schedule of Nonaccrual Loans and Past-Due Loans	The following tables set forth information regarding nonaccrual loans and past-due loans at September 30, 2015 and December 31, 2014: 90 Days 90 Days or More or More Total Total Past Due Nonaccrual 30-59 Days 60-89 Days Past Due Past Due Current Total and Accruing Loans (In Thousands) September 30, 2015 (unaudited): Real estate loans: One- to four-family residential $ 541 $ - $ 1,393 $ 1,934 $ 100,906 $ 102,840 $ - $ 1,413 Commercial - - - 17,773 17,773 - - Multi-family - - - - 14,698 14,698 - - Home equity loans and lines of credit 3 61 - 64 2,142 2,206 - - Construction - - - - 19,145 19,145 - - Commercial and industrial loans - - - - 4,501 4,501 - - Consumer loans: Consumer lines of credit - - - - 21 21 - - Other consumer - - 8 8 3,417 3,425 8 - Total $ 544 $ 61 $ 1,401 $ 2,006 $ 162,603 $ 164,609 $ 8 $ 1,413 December 31, 2014: Real estate loans: One- to four-family residential $ 728 $ - $ 1,393 $ 2,121 $ 94,319 $ 96,440 $ - $ 1,419 Commercial - - - - 17,401 17,401 - - Multi-family 938 - - 938 9,233 10,171 - - Home equity loans and lines of credit - 53 - 53 2,801 2,854 - - Construction - - - - 12,072 12,072 - - Commercial and industrial loans - - - - 3,012 3,012 - - Consumer loans: Consumer lines of credit - - - - 21 21 - - Other consumer 9 - - 9 2,437 2,446 - - Total $ 1,675 $ 53 $ 1,393 $ 3,121 $ 141,296 $ 144,417 $ - $ 1,419
Schedule of Impaired Loan	Information about loans that meet the definition of an impaired loan in ASC 310-10-35, “Receivables – Overall – Subsequent Measurement,” is as follows at September 30, 2015 and December 31, 2014 and the nine months and year then ended, respectively. Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In Thousands) September 30, 2015 (unaudited): With no related allowance recorded: Real estate loans: One- to four-family residential $ 5,582 $ 5,582 $ - $ 5,840 $ 147 Commercial 688 688 - 691 29 Home equity lines of credit 53 53 - 53 1 Total impaired with no related allowance $ 6,323 $ 6,323 $ - $ 6,584 $ 177 With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 567 $ 23 $ 573 $ 17 Commercial - - - - - Home equity lines of credit - - - - - Total impaired with an allowance recorded $ 567 $ 567 $ 23 $ 573 $ 17 Total Real estate loans: One- to four-family residential $ 6,149 $ 6,149 $ 23 $ 6,413 $ 164 Commercial 688 688 - 691 29 Home equity lines of credit 53 53 - 53 1 Total impaired loans $ 6,890 $ 6,890 $ 23 $ 7,157 $ 194 December 31, 2014: With no related allowance recorded: Real estate loans: One- to four-family residential $ 5,991 $ 5,991 $ - $ 5,586 $ 226 Commercial 695 695 - 699 50 Home equity lines of credit 53 53 - 8 - Total impaired with no related allowance $ 6,739 $ 6,739 $ - $ 6,293 $ 276 With an allowance recorded: Real estate loans: One- to four-family residential $ 581 $ 581 $ 37 $ 589 $ 22 Commercial - - - - - Home equity lines of credit - - - - - Total impaired with an allowance recorded $ 581 $ 581 $ 37 $ 589 $ 22 Total Real estate loans: One- to four-family residential $ 6,572 $ 6,572 $ 37 $ 6,175 $ 248 Commercial 695 695 - 699 50 Home equity lines of credit 53 53 - 8 - Total impaired loans $ 7,320 $ 7,320 $ 37 $ 6,882 $ 298
Schedule of Loans by Risk Rating	The following tables present the Company’s loans by risk rating: Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Lines of Credit Other Consumer Total (In Thousands) September 30, 2015 (unaudited): Grade: Pass $ - $ 17,085 $ 14,698 $ - $ 19,145 $ 4,501 $ - $ - $ 55,429 Special mention 541 - - 53 - - - - 594 Substandard 3,815 688 - - - - - - 4,503 Loans not formally rated 98,484 2,153 - - 21 3,425 104,083 Total $ 102,840 $ 17,773 $ 14,698 $ 2,206 $ 19,145 $ 4,501 $ 21 $ 3,425 $ 164,609 December 31, 2014: Grade: Pass $ - $ 16,706 $ 9,233 $ - $ 12,072 $ 3,012 $ - $ - $ 41,023 Special mention 2,417 695 - 53 - - - - 3,165 Substandard 1,393 - 938 - - - - - 2,331 Loans not formally rated 92,630 - - 2,801 - - 21 2,446 97,898 Total $ 96,440 $ 17,401 $ 10,171 $ 2,854 $ 12,072 $ 3,012 $ 21 $ 2,446 $ 144,417

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Summary of Scheduled Maturities of Time Deposits	For time deposits as of September 30, 2015 (unaudited), the scheduled maturities for each of the following five years ended September 30 are: (In Thousands) 2016 $ 37,526 2017 18,123 2018 15,111 2019 1,314 2020 1,413 Total $ 73,487

FEDERAL HOME LOAN BANK ADVANC25

FEDERAL HOME LOAN BANK ADVANCES (Tables)	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Summary of Maturities of Advances from the Federal Home Loan Bank ("FHLB") of Boston	Maturities of advances from the Federal Home Loan Bank of Boston (“FHLB”) for the years ending after September 30, 2015 (unaudited) are summarized as follows: (In Thousands) 2016 $ 3,500 2017 2,500 2018 3,000 $ 9,000

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Summary of Assets Measured at Fair Value on a Recurring Basis	ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) September 30, 2015 (unaudited): Debt securities issued by U.S. government corporations and agencies $ 2,102 $ - $ 2,102 $ - Debt securities issued by states of the United States and political subdivisions of the states 2,983 - 2,983 - Mortgage-backed securities 8,623 - 8,623 - Totals $ 13,708 $ - $ 13,708 $ - December 31, 2014: Debt securities issued by U.S. government corporations and agencies $ 1,975 $ - $ 1,975 $ - Debt securities issued by states of the United States and political subdivisions of the states 3,233 - 3,233 - Mortgage-backed securities 6,559 - 6,559 - Totals $ 11,767 $ - $ 11,767 $ -
Summary of Assets Measured at Fair Value on a Nonrecurring Basis	The following table presents assets carried on the consolidated balance sheets by caption and by level in the fair value hierarchy at September 30, 2015 (unaudited) and December 31, 2014, for which a nonrecurring change in fair value has been recorded: Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) September 30, 2015 (unaudited): Impaired loans $ 544 $ - $ - $ 544 Totals $ 544 $ - $ - $ 544 December 31, 2014: Impaired loans $ 544 $ - $ - $ 544 Totals $ 544 $ - $ - $ 544
Schedule of Estimated Fair Values of Financial Instruments Held or Issued for Purposes Other Than Trading	The estimated fair values of the Company’s financial instruments, all of which are held or issued for purposes other than trading, are as follows: September 30, 2015 (unaudited) Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 7,447 $ 7,447 $ - $ - $ 7,447 Interest-bearing time deposits with other banks 1,084 - 1,085 - 1,085 Available-for-sale securities 13,708 - 13,708 - 13,708 Held-to-maturity securities 124 - 162 - 162 Federal Home Loan Bank stock 945 945 - - 945 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 163,917 - - 166,456 166,456 Accrued interest receivable 480 480 - - 480 Financial liabilities: Deposits 156,105 - 156,750 - 156,750 FHLB advances 9,000 - 9,004 - 9,004 December 31, 2014 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 18,295 $ 18,295 $ - $ - $ 18,295 Interest-bearing time deposits with other banks 2,575 - 2,578 - 2,578 Available-for-sale securities 11,767 - 11,767 - 11,767 Held-to-maturity securities 149 - 196 - 196 Federal Home Loan Bank stock 694 694 - - 694 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 143,774 - - 146,705 146,705 Accrued interest receivable 447 447 - - 447 Financial liabilities: Deposits 151,010 - 151,638 - 151,638 FHLB advances 5,000 - 5,006 - 5,006

REGULATORY CAPITAL (Tables)

REGULATORY CAPITAL (Tables)	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Schedule of Bank's Actual Capital Amounts and Ratios	The Bank’s actual capital amounts and ratios are presented in the table below. September 30, December 31, Regulatory Capital and Ratios 2015 2014 (Dollars In Thousands) Regulatory Capital Total Stockholder’s Equity $ 21,906 $ 21,347 Add: Net unrealized losses on investment securities, net of tax 21 51 Common Equity Tier 1 Capital 21,927 na Tier 1 Capital 21,927 21,398 Allowable reserve for credit losses and unfunded commitments 857 755 Total Regulatory Capital (1) $ 22,784 $ 22,153 Average Assets $ 194,480 $ 183,666 Risk Weighted Assets (1) $ 135,482 $ 101,078 Key Regulatory Ratios (1) Common Equity Tier 1 Capital Ratio 16.2 % na Tier 1 Capital Ratio 16.2 21.2 % Total Capital Ratio 16.8 21.9 Tier 1 Leverage Ratio 11.3 11.7 (1) September 30, 2015 capital levels and ratios were calculated under the new capital regulations, which became effective January 1, 2015

NATURE OF OPERATIONS - Addition

NATURE OF OPERATIONS - Additional Information (Detail) - USD ($)	Oct. 10, 2014	Sep. 30, 2015	Dec. 31, 2014
Organization and Nature of Operations [Line Items]
Aggregate issuance of common stock	2,247,589	2,247,589	2,247,589
Proceeds from issuance of common stock	$ 20,136,000
Net offering cost of issuance	$ 1,685,000
Foundation [Member]
Organization and Nature of Operations [Line Items]
Additional issuance of common stock	65,464
Conahasset Bancshares, MHC [Member]
Organization and Nature of Operations [Line Items]
Common stock issued in connection with conversion	2,182,125
Common stock issued price per share	$ 10
Employee Stock Ownership Plan (ESOP) [Member]
Organization and Nature of Operations [Line Items]
Common stock issued in connection with employee stock purchase plan	179,807

EARNINGS PER SHARE (EPS) - Summ

EARNINGS PER SHARE (EPS) - Summary of Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net income		$ 203	$ 131	$ 438	$ 432
Basic common shares:
Weighted average shares outstanding		2,247,589		2,247,589
Less: Weighted average unallocated ESOP shares		(170,067)		(171,565)
Basic weighted average shares outstanding		2,077,522		2,076,024
Basic earnings per share		$ 0.10		$ 0.21
Diluted earnings per share	[1]	$ 0.10		$ 0.21
[1]	No potentially dilutive common shares

INVESTMENTS IN SECURITIES - Sch

INVESTMENTS IN SECURITIES - Schedule of Amortized Cost and Fair Values of Securities (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	$ 13,743	$ 11,849
Available-for-sale securities, Gross Unrealized Gains	68	36
Available-for-sale securities, Gross Unrealized Losses	103	118
Available-for-sale securities, Fair Value	13,708	11,767
Held-to-maturity securities, Amortized Cost Basis	124	149
Held-to-maturity securities, Gross Unrealized Gains	38	47
Held-to-maturity securities, Gross Unrealized Losses	0	0
Held-to-maturity securities, Fair Value	162	196
Debt Securities Issued by the U.S. Treasury and Other U.S. Government Corporations and Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	2,100	1,985
Available-for-sale securities, Gross Unrealized Gains	11	7
Available-for-sale securities, Gross Unrealized Losses	9	17
Available-for-sale securities, Fair Value	2,102	1,975
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	2,993	3,258
Available-for-sale securities, Gross Unrealized Gains	14	5
Available-for-sale securities, Gross Unrealized Losses	24	30
Available-for-sale securities, Fair Value	2,983	3,233
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	8,650	6,606
Available-for-sale securities, Gross Unrealized Gains	43	24
Available-for-sale securities, Gross Unrealized Losses	70	71
Available-for-sale securities, Fair Value	8,623	6,559
Held-to-maturity securities, Amortized Cost Basis	124	149
Held-to-maturity securities, Gross Unrealized Gains	38	47
Held-to-maturity securities, Gross Unrealized Losses	0	0
Held-to-maturity securities, Fair Value	$ 162	$ 196

INVESTMENTS IN SECURITIES - S31

INVESTMENTS IN SECURITIES - Scheduled Maturities of Debt Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Due within one year, Available-For-Sale Securities Fair Value	$ 407
Due after one year through five years, Available-For-Sale Securities Fair Value	2,173
Due after five years through ten years, Available-For-Sale Securities Fair Value	984
Due after ten years, Available-For-Sale Securities Fair Value	1,521
Mortgage-backed securities, Available-For-Sale Securities Fair Value	8,623
Available-For-Sale Securities Fair Value Total	13,708
Due within one year, Held-To-Maturity Securities Amortized Cost Basis	0
Due after one year through five years, Held-To-Maturity Securities Amortized Cost Basis	0
Due after five years through ten years, Held-To-Maturity Securities Amortized Cost Basis	0
Due after ten years, Held-To-Maturity Securities Amortized Cost Basis	0
Mortgage-backed securities, Held-To-Maturity Securities Amortized Cost Basis	124
Held-To-Maturity Securities Amortized Cost Basis Total	124	$ 149
Due within one year, Held-To-Maturity Securities Fair Value	0
Due after one year through five years, Held-To-Maturity Securities Fair Value	0
Due after five years through ten years, Held-To-Maturity Securities Fair Value	0
Due after ten years, Held-To-Maturity Securities Fair Value	0
Mortgage-backed securities, Held-To-Maturity Securities Fair Value	162
Held-To-Maturity Securities Fair Value Total	$ 162	$ 196

INVESTMENTS IN SECURITIES - S32

INVESTMENTS IN SECURITIES - Schedule of Aggregate Fair Value and Unrealized Losses of Securities (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		$ 2,361
Less than 12 Months, Unrealized Losses		11
12 Months or Longer, Fair Value		5,361
12 Months or Longer, Unrealized Losses		107
Fair Value, Total		7,722
Unrealized Losses, Total		118
Temporarily Impaired Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 2,662	2,361
Less than 12 Months, Unrealized Losses	26	11
12 Months or Longer, Fair Value	3,471	5,358
12 Months or Longer, Unrealized Losses	77	107
Fair Value, Total	6,133	7,719
Unrealized Losses, Total	103	118
Debt Securities Issued by the U.S. Treasury and Other U.S. Government Corporations and Agencies [Member] | Temporarily Impaired Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	299	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or Longer, Fair Value	491	1,485
12 Months or Longer, Unrealized Losses	9	17
Fair Value, Total	790	1,485
Unrealized Losses, Total	9	17
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member] | Temporarily Impaired Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	978	950
Less than 12 Months, Unrealized Losses	13	8
12 Months or Longer, Fair Value	756	1,232
12 Months or Longer, Unrealized Losses	11	22
Fair Value, Total	1,734	2,182
Unrealized Losses, Total	24	30
Mortgage-Backed Securities [Member] | Temporarily Impaired Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	1,385	1,411
Less than 12 Months, Unrealized Losses	13	3
12 Months or Longer, Fair Value	2,224	2,641
12 Months or Longer, Unrealized Losses	57	68
Fair Value, Total	3,609	4,052
Unrealized Losses, Total	$ 70	71
Mortgage-Backed Securities [Member] | Other-Than-Temporarily Impaired Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		0
Less than 12 Months, Unrealized Losses		0
12 Months or Longer, Fair Value		3
12 Months or Longer, Unrealized Losses		0
Fair Value, Total		3
Unrealized Losses, Total		$ 0

INVESTMENTS IN SECURITIES - S33

INVESTMENTS IN SECURITIES - Schedule of Other-Than-Temporary Impairment Losses on Securities (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Gain (Loss) on Investments [Line Items]
Total other-than-temporary impairment losses				$ 3	$ 12
NonAgency Mortgage Backed Securities [Member]
Gain (Loss) on Investments [Line Items]
Total other-than-temporary impairment losses		$ 3	$ 0	3	12
Less: unrealized other-than-temporary losses recognized in other comprehensive income	[1]	0	0	0	0
Net impairment losses recognized in earnings	[2]	$ 3	$ 0	$ 3	$ 12
[1]	Represents the noncredit component of the other-than-temporary impairment on the securities.
[2]	Represents the credit component of the other-than-temporary impairment on securities

INVESTMENTS IN SECURITIES - Add

INVESTMENTS IN SECURITIES - Additional Information (Detail) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Proceeds from sales of available-for-sale securities	$ 0	$ 2,718,000
Gross realized gains	69,000
Tax expenses applicable to net realized gains		$ 25,000
Available-for-sale Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Proceeds from sales of available-for-sale securities	$ 2,718,000
Maximum [Member]
Schedule of Available-for-sale Securities [Line Items]
Percentage of stockholders' equity	10.00%		10.00%

LOANS - Schedule of Loan (Detai

LOANS - Schedule of Loan (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 164,609	$ 144,417
Net deferred loan origination fees, costs and discounts	147	100
Allowance for loan losses	(839)	(743)	$ (743)	$ (742)
Net loans	163,917	143,774
One-to Four-Family Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	102,840	96,440
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	17,773	17,401
Multi-Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	14,698	10,171
Home Equity Loans and Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	2,206	2,854
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	19,145	12,072
Commercial and Industrial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	4,501	3,012
Allowance for loan losses	(17)	(8)	(9)	(16)
Consumer Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	21	21
Other Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	3,425	2,446
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	102,840	96,440
Allowance for loan losses	(370)	(362)	(316)	(323)
Real Estate Loans [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	17,773	17,401
Allowance for loan losses	(120)	(134)	(146)	(195)
Real Estate Loans [Member] | Multi-Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	14,698	10,171
Allowance for loan losses	(55)	(36)	(51)	(51)
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	2,206	2,854
Allowance for loan losses	(14)	(27)	(37)	(30)
Real Estate Loans [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	19,145	12,072
Allowance for loan losses	(220)	(121)	(121)	(49)
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross		144,417
Consumer Loans [Member] | Commercial and Industrial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross		3,012
Consumer Loans [Member] | Consumer Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	21	21
Allowance for loan losses	(1)	(1)	0	(1)
Consumer Loans [Member] | Other Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	3,425	2,446
Allowance for loan losses	$ (32)	$ (20)	$ (26)	$ (20)

LOANS - Schedule of Allowance f

LOANS - Schedule of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			$ 743	$ 742
Charge-offs			0	0
Recoveries			0	1
(Benefit) provision	$ 36	$ 0	96	0
Ending balance	839	743	839	743
Individually evaluated for impairment	23		23		$ 37
Collectively evaluated for impairment	816		816		706
Total allowance for loan losses ending balance	839		839		743
Individually evaluated for impairment	6,890		6,890
Collectively evaluated for impairment	157,719		157,719
Total	164,609		164,609		144,417
One-to Four-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	102,840		102,840		96,440
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	17,773		17,773		17,401
Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	14,698		14,698		10,171
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	2,206		2,206		2,854
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	19,145		19,145		12,072
Commercial and Industrial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			8	16
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			9	(7)
Ending balance	17	9	17	9
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	17		17		8
Total allowance for loan losses ending balance	17		17		8
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	4,501		4,501
Total	4,501		4,501		3,012
Consumer Line of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	21		21		21
Other Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total	3,425		3,425		2,446
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			34	57
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			(24)	(20)
Ending balance	10	37	10	37
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	10		10		34
Total allowance for loan losses ending balance	10		10		34
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	0		0
Total	0		0
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			362	323
Charge-offs			0	0
Recoveries			0	1
(Benefit) provision			8	(8)
Ending balance	370	316	370	316
Individually evaluated for impairment	23		23		37
Collectively evaluated for impairment	347		347		325
Total allowance for loan losses ending balance	370		370		362
Individually evaluated for impairment	6,149		6,149		6,572
Collectively evaluated for impairment	96,691		96,691		89,868
Total	102,840		102,840		96,440
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			134	195
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			(14)	(49)
Ending balance	120	146	120	146
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	120		120		134
Total allowance for loan losses ending balance	120		120		134
Individually evaluated for impairment	688		688		695
Collectively evaluated for impairment	17,085		17,085		16,706
Total	17,773		17,773		17,401
Real Estate Loans [Member] | Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			36	51
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			19	0
Ending balance	55	51	55	51
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	55		55		36
Total allowance for loan losses ending balance	55		55		36
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	14,698		14,698		10,171
Total	14,698		14,698		10,171
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			27	30
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			(13)	7
Ending balance	14	37	14	37
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	14		14		27
Total allowance for loan losses ending balance	14		14		27
Individually evaluated for impairment	53		53		53
Collectively evaluated for impairment	2,153		2,153		2,801
Total	2,206		2,206		2,854
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			121	49
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			99	72
Ending balance	220	121	220	121
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	220		220		121
Total allowance for loan losses ending balance	220		220		121
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	19,145		19,145		12,072
Total	19,145		19,145		12,072
Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment					7,320
Collectively evaluated for impairment					137,097
Total					144,417
Consumer Loans [Member] | Commercial and Industrial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment					0
Collectively evaluated for impairment					3,012
Total					3,012
Consumer Loans [Member] | Consumer Line of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			1	1
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			0	(1)
Ending balance	1	0	1	0
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	1		1		1
Total allowance for loan losses ending balance	1		1		1
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	21		21		21
Total	21		21		21
Consumer Loans [Member] | Other Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			20	20
Charge-offs			0	0
Recoveries			0	0
(Benefit) provision			12	6
Ending balance	32	$ 26	32	$ 26
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	32		32		20
Total allowance for loan losses ending balance	32		32		20
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	3,425		3,425		2,446
Total	$ 3,425		$ 3,425		2,446
Consumer Loans [Member] | Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment					0
Collectively evaluated for impairment					0
Total					$ 0

LOANS - Schedule of Nonaccrual

LOANS - Schedule of Nonaccrual Loans and Past-Due Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,006	$ 3,121
Total Current	162,603	141,296
Total	164,609	144,417
90 Days or More Past Due and Accruing	8	0
Nonaccrual Loans	1,413	1,419
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	61	53
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	544	1,675
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,401	1,393
One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,934	2,121
Total Current	100,906	94,319
Total	102,840	96,440
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	1,413	1,419
One-to Four-Family Residential [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
One-to Four-Family Residential [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	541	728
One-to Four-Family Residential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,393	1,393
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	17,773	17,401
Total	17,773	17,401
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Commercial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		0
Commercial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi-Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	938
Total Current	14,698	9,233
Total	14,698	10,171
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Multi-Family [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi-Family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	938
Multi-Family [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	64	53
Total Current	2,142	2,801
Total	2,206	2,854
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Home Equity Loans and Lines of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	61	53
Home Equity Loans and Lines of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3	0
Home Equity Loans and Lines of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	19,145	12,072
Total	19,145	12,072
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Construction [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial and Industrial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	4,501	3,012
Total	4,501	3,012
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Commercial and Industrial Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial and Industrial Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial and Industrial Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	21	21
Total	21	21
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Consumer Line of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Line of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Line of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Other Consumer Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8	9
Total Current	3,417	2,437
Total	3,425	2,446
90 Days or More Past Due and Accruing	8	0
Nonaccrual Loans	0	0
Other Consumer Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Other Consumer Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	9
Other Consumer Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 8	$ 0

LOANS - Schedule of Impaired Lo

LOANS - Schedule of Impaired Loan (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	$ 6,323	$ 6,739
With no related allowance recorded, Unpaid Principal Balance	6,323	6,739
With no related allowance recorded, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	6,584	6,293
With no related allowance recorded, Interest Income Recognized	177	276
With an allowance recorded, Recorded Investment	567	581
With an allowance recorded, Unpaid Principal Balance	567	581
With an allowance recorded, Related Allowance	23	37
With an allowance recorded, Average Recorded Investment	573	589
With an allowance recorded, Interest Income Recognized	17	22
Total, Recorded Investment	6,890	7,320
Total, Unpaid Principal Balance	6,890	7,320
Total, Related Allowance	23	37
Total, Average Recorded Investment	7,157	6,882
Total, Interest Income Recognized	194	298
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	5,582	5,991
With no related allowance recorded, Unpaid Principal Balance	5,582	5,991
With no related allowance recorded, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	5,840	5,586
With no related allowance recorded, Interest Income Recognized	147	226
With an allowance recorded, Recorded Investment	567	581
With an allowance recorded, Unpaid Principal Balance	567	581
With an allowance recorded, Related Allowance	23	37
With an allowance recorded, Average Recorded Investment	573	589
With an allowance recorded, Interest Income Recognized	17	22
Total, Recorded Investment	6,149	6,572
Total, Unpaid Principal Balance	6,149	6,572
Total, Related Allowance	23	37
Total, Average Recorded Investment	6,413	6,175
Total, Interest Income Recognized	164	248
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	688	695
With no related allowance recorded, Unpaid Principal Balance	688	695
With no related allowance recorded, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	691	699
With no related allowance recorded, Interest Income Recognized	29	50
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Income Recognized	0	0
Total, Recorded Investment	688	695
Total, Unpaid Principal Balance	688	695
Total, Related Allowance	0	0
Total, Average Recorded Investment	691	699
Total, Interest Income Recognized	29	50
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	53	53
With no related allowance recorded, Unpaid Principal Balance	53	53
With no related allowance recorded, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	53	8
With no related allowance recorded, Interest Income Recognized	1	0
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Income Recognized	0	0
Total, Recorded Investment	53	53
Total, Unpaid Principal Balance	53	53
Total, Related Allowance	0	0
Total, Average Recorded Investment	53	8
Total, Interest Income Recognized	$ 1	$ 0

LOANS - Schedule of Loans by Ri

LOANS - Schedule of Loans by Risk Rating (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	$ 164,609	$ 144,417
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	55,429	41,023
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	594	3,165
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	4,503	2,331
Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	104,083	97,898
One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	102,840	96,440
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	17,773	17,401
Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	14,698	10,171
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,206	2,854
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	19,145	12,072
Commercial and Industrial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	4,501	3,012
Commercial and Industrial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	4,501	3,012
Commercial and Industrial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Commercial and Industrial Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Commercial and Industrial Loans [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Line of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	21	21
Other Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	3,425	2,446
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	102,840	96,440
Real Estate Loans [Member] | One-to Four-Family Residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | One-to Four-Family Residential [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	541	2,417
Real Estate Loans [Member] | One-to Four-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	3,815	1,393
Real Estate Loans [Member] | One-to Four-Family Residential [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	98,484	92,630
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	17,773	17,401
Real Estate Loans [Member] | Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	17,085	16,706
Real Estate Loans [Member] | Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	695
Real Estate Loans [Member] | Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	688	0
Real Estate Loans [Member] | Commercial [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable		0
Real Estate Loans [Member] | Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	14,698	10,171
Real Estate Loans [Member] | Multi-Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	14,698	9,233
Real Estate Loans [Member] | Multi-Family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | Multi-Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	938
Real Estate Loans [Member] | Multi-Family [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable		0
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,206	2,854
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	53	53
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,153	2,801
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	19,145	12,072
Real Estate Loans [Member] | Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	19,145	12,072
Real Estate Loans [Member] | Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | Construction [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable		144,417
Consumer Loans [Member] | Commercial and Industrial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable		3,012
Consumer Loans [Member] | Consumer Line of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	21	21
Consumer Loans [Member] | Consumer Line of Credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member] | Consumer Line of Credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member] | Consumer Line of Credit [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member] | Consumer Line of Credit [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	21	21
Consumer Loans [Member] | Other Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	3,425	2,446
Consumer Loans [Member] | Other Consumer Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member] | Other Consumer Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member] | Other Consumer Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Consumer Loans [Member] | Other Consumer Loans [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	$ 3,425	$ 2,446

LOANS - Additional Information

LOANS - Additional Information (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Loans serviced for others	$ 21.1	$ 17.6

DEPOSITS - Summary of Scheduled

DEPOSITS - Summary of Scheduled Maturities of Time Deposits (Detail) $ in Thousands	Sep. 30, 2015USD ($)
2,016	$ 37,526
2,017	18,123
2,018	15,111
2,019	1,314
2,020	1,413
Total	$ 73,487

DEPOSITS - Additional Informati

DEPOSITS - Additional Information (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Aggregate amount of time deposit accounts in denominations of $100,000 or more	$ 46.8	$ 38.7
Aggregate amount of time deposit accounts in denominations of $250,000 or more	$ 18.7	$ 15.7

FEDERAL HOME LOAN BANK ADVANC43

FEDERAL HOME LOAN BANK ADVANCES - Summary of Maturities of Advances from the Federal Home Loan Bank ("FHLB") of Boston (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
2,016	$ 3,500
2,017	2,500
2,018	3,000
Maturities of advances from FHLB, total	$ 9,000	$ 5,000

FEDERAL HOME LOAN BANK ADVANC44

FEDERAL HOME LOAN BANK ADVANCES - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2015
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Weighted-average interest rate	0.74%
Borrowings from FHLB, description	Borrowings from the FHLB are secured by a blanket lien on qualified collateral, consisting primarily of loans with first mortgages secured by one-to-four family properties, certain unencumbered investment securities and other qualified assets
Minimum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rates	0.24%
Maximum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rates	1.15%

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Assets Measured at Fair Value on a Recurring Basis (Detail) - Fair Value Measurements Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 13,708	$ 11,767
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	13,708	11,767
Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Debt Securities Issued by U.S. Government Corporations and Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	2,102	1,975
Debt Securities Issued by U.S. Government Corporations and Agencies [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Debt Securities Issued by U.S. Government Corporations and Agencies [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	2,102	1,975
Debt Securities Issued by U.S. Government Corporations and Agencies [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	2,983	3,233
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	2,983	3,233
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	8,623	6,559
Mortgage-Backed Securities [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Mortgage-Backed Securities [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	8,623	6,559
Mortgage-Backed Securities [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Sum46

FAIR VALUE MEASUREMENTS - Summary of Assets Measured at Fair Value on a Nonrecurring Basis (Detail) - Fair Value Measurements Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 544	$ 544
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	544	544
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	544	544
Impaired Loans [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Impaired Loans [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Impaired Loans [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 544	$ 544

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Estimated Fair Values of Financial Instruments Held or Issued for Purposes Other Than Trading (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Financial assets:
Cash and cash equivalents	$ 7,447	$ 18,295	$ 34,656	$ 8,991
Interest-bearing time deposits with other banks	1,084	2,575
Available-for-sale securities	13,708	11,767
Held-to-maturity securities	124	149
Federal Home Loan Bank stock	945	694
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	163,917	143,774
Accrued interest receivable	480	447
Financial liabilities:
Deposits	156,105	151,010
FHLB advances	9,000	5,000
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Financial assets:
Cash and cash equivalents	7,447	18,295
Interest-bearing time deposits with other banks	0	0
Available-for-sale securities	0	0
Held-to-maturity securities	0	0
Federal Home Loan Bank stock	945	694
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	0	0
Accrued interest receivable	480	447
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Significant Other Observable Inputs Level 2 [Member]
Financial assets:
Cash and cash equivalents	0	0
Interest-bearing time deposits with other banks	1,085	2,578
Available-for-sale securities	13,708	11,767
Held-to-maturity securities	162	196
Federal Home Loan Bank stock	0	0
Investment in The Co-operative Central Reserve Fund	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Financial liabilities:
Deposits	156,750	151,638
FHLB advances	9,004	5,006
Significant Unobservable Inputs Level 3 [Member]
Financial assets:
Cash and cash equivalents	0	0
Interest-bearing time deposits with other banks	0	0
Available-for-sale securities	0	0
Held-to-maturity securities	0	0
Federal Home Loan Bank stock	0	0
Investment in The Co-operative Central Reserve Fund	0	0
Loans, net	166,456	146,705
Accrued interest receivable	0	0
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	7,447	18,295
Interest-bearing time deposits with other banks	1,084	2,575
Available-for-sale securities	13,708	11,767
Held-to-maturity securities	124	149
Federal Home Loan Bank stock	945	694
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	163,917	143,774
Accrued interest receivable	480	447
Financial liabilities:
Deposits	156,105	151,010
FHLB advances	9,000	5,000
Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	7,447	18,295
Interest-bearing time deposits with other banks	1,085	2,578
Available-for-sale securities	13,708	11,767
Held-to-maturity securities	162	196
Federal Home Loan Bank stock	945	694
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	166,456	146,705
Accrued interest receivable	480	447
Financial liabilities:
Deposits	156,750	151,638
FHLB advances	$ 9,004	$ 5,006

REGULATORY CAPITAL - Schedule o

REGULATORY CAPITAL - Schedule of Bank's Actual Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2015	Dec. 31, 2014
Regulatory Capital
Total Shareholders' Equity		$ 21,906	$ 21,347
Add (deduct): Net unrealized losses on investment securities, net of tax		21	51
Common Equity Tier 1 Capital		21,927
Tier 1 Capital		21,927	21,398
Allowable reserve for credit losses and unfunded commitments		857	755
Total Regulatory Capital	[1]	22,784	22,153
Average Assets		194,480	183,666
Risk Weighted Assets	[1]	$ 135,482	$ 101,078
Key Regulatory Ratios
Common Equity Tier 1 Capital Ratio	[1]	16.20%
Tier 1 Capital Ratio	[1]	16.20%	21.20%
Total Capital Ratio	[1]	16.80%	21.90%
Tier 1 Leverage Ratio	[1]	11.30%	11.70%
[1]	September 30, 2015 capital levels and ratios were calculated under the new capital regulations, which became effective January 1, 2015

REGULATORY CAPITAL - Additional

REGULATORY CAPITAL - Additional Information (Detail)		Sep. 30, 2015	Jan. 02, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to risk-weighted assets	[1]	16.20%		21.20%
Total capital to risk-weighted assets	[1]	16.80%		21.90%
Tier 1 Leverage Ratio	[1]	11.30%		11.70%
Financing receivable non-accrual status percentage			100.00%
Credit conversion factor for unused portion of commitments			0.00%
Risk weight for mortgage servicing and deferred tax assets			100.00%
Risk weight for equity exposures			0.00%
New Capital Regulations [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to risk-weighted assets			4.50%
Total capital to risk-weighted assets			8.00%
Common equity tier 1 capital required to be well capitalized to risk-weighted assets			6.50%
Capital required to be well capitalized to risk weighted assets			10.00%
Tier 1 leverage capital required to be well capitalized to average assets			5.00%
Tier 1 capital to risk-weighted assets, year one			0.625%
Tier 1 capital to risk-weighted assets, multiple period increase			0.625%
Tier 1 capital to risk-weighted assets, year four			2.50%
Financing receivable non-accrual status percentage			150.00%
Credit conversion factor for unused portion of commitments			20.00%
Risk weight for mortgage servicing and deferred tax assets			250.00%
Risk weight for equity exposures			600.00%
Minimum [Member] | New Capital Regulations [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to risk-weighted assets			4.00%
Tier 1 Leverage Ratio			4.00%
Tier 1 capital required to be well capitalized to risk-weighted assets			6.00%
Maximum [Member] | New Capital Regulations [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to risk-weighted assets			6.00%
Tier 1 capital required to be well capitalized to risk-weighted assets			8.00%
[1]	September 30, 2015 capital levels and ratios were calculated under the new capital regulations, which became effective January 1, 2015