Pilgrim Bancshares (PLRM) 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 10, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
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		2,253,439

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 1,768	$ 2,036
Interest-bearing demand deposits with other banks	17,405	9,152
Total cash and cash equivalents	19,173	11,188
Interest-bearing time deposits with other banks	1,098	1,092
Investments in available-for-sale securities (at fair value)	17,075	17,041
Investments in held-to-maturity securities (fair value of $132 at March 31, 2017, and $135 at December 31, 2016)	100	104
Federal Home Loan Bank stock, at cost	2,322	2,299
Investment in The Co-operative Central Reserve Fund, at cost	384	384
Loans, net of allowance for loan losses of $1,094 at March 31, 2017, and $1,049 at December 31, 2016	207,649	210,486
Premises and equipment, net	4,853	4,919
Investment in real estate, net	1,528	1,534
Accrued interest receivable	634	599
Deferred income tax asset, net	728	740
Bank-owned life insurance	2,324	2,314
Other assets	249	233
Total assets	258,117	252,933
Deposits:
Noninterest-bearing	19,272	18,791
Interest-bearing	165,413	163,295
Total deposits	184,685	182,086
Federal Home Loan Bank advances	39,512	37,329
Other liabilities	886	871
Total liabilities	225,083	220,286
Stockholders' equity:
Common stock $.01 par value per share: 10,000,000 shares authorized, 2,253,439 shares issued at March 31, 2017 and December 31, 2016	23	23
Additional paid-in capital	20,944	20,910
Retained earnings	14,531	14,260
Unearned compensation - ESOP (160,328 shares unallocated at March 31, 2017 and 161,826 shares unallocated at December 31, 2016)	(1,604)	(1,619)
Unearned compensation - Restricted stock	(760)	(806)
Accumulated other comprehensive loss	(100)	(121)
Total stockholders' equity	33,034	32,647
Total liabilities and stockholders' equity	$ 258,117	$ 252,933

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities held-to-maturity, fair value	$ 132	$ 135
Allowance for loan losses	$ 1,094	$ 1,049
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,253,439	2,253,439
Employee stock ownership plan, shares unallocated	160,328	161,826

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Interest and dividend income:
Interest and fees on loans		$ 2,193	$ 1,772
Interest on debt securities:
Taxable		52	52
Tax-exempt		10	13
Other interest and dividends		51	29
Total interest and dividend income		2,306	1,866
Interest expense:
Interest on deposits		348	328
Interest on Federal Home Loan Bank advances		100	24
Total interest expense		448	352
Net interest and dividend income		1,858	1,514
Provision for loan losses		45	36
Net interest and dividend income after provision for loan losses		1,813	1,478
Noninterest income:
Service charges on deposit accounts		26	26
Gain on sales/calls of securities, net		1	1
Gain on sales of loans, net		0	17
Rental income		58	68
Other income		29	35
Total noninterest income		114	147
Noninterest expense:
Salaries and employee benefits		918	804
Occupancy expense		121	135
Equipment expense		44	47
Data processing expense		104	96
Professional fees		91	99
Federal Deposit Insurance Corporation assessment		42	37
Communications expense		27	42
Advertising and public relations expense		31	33
Insurance expense		15	15
Supplies expense		13	15
Other expense		65	55
Total noninterest expense		1,471	1,378
Income before income taxes		456	247
Income tax expense		185	91
Net income		$ 271	$ 156
Weighted-average number of common shares outstanding:
Basic		2,031,429	2,030,760
Diluted		2,040,800	2,030,760
Earnings per share:
Basic		$ 0.13	$ 0.08
Diluted	[1]	$ 0.13	$ 0.08
[1]	Options to purchase 169,500 shares, representing all outstanding options, were not included in the computation of diluted earnings per share for the three months ended March 31, 2017 because the effect is anti-dilutive. There were no options to purchase shares for the three months ended March 31, 2016.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net income	$ 271	$ 156
Other comprehensive income, net of tax:
Net unrealized holding gain on available-for-sale securities	34	168
Reclassification adjustment for net realized gains in net income	(1)	(1)
Other comprehensive income before income tax effect	33	167
Income tax expense	(12)	(61)
Other comprehensive income, net of tax	21	106
Comprehensive income	$ 292	$ 262

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]	Unearned Compensation-Restricted Stock [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2015	$ 31,969	$ 22	$ 20,466	$ 13,253	$ (1,679)	$ 0	$ (93)
Balance (in Shares) at Dec. 31, 2015		2,224,489
Net income	156	$ 0	0	156	0	0	0
Shares purchased and retired	(459)	$ 0	(459)	0	0	0	0
Shares purchased and retired (in shares)		(35,000)
Common stock held by ESOP committed to be allocated (1,498 shares)	19	$ 0	4	0	15	0	0
Other comprehensive income, net of tax effect	106	0	0	0	0	0	106
Balance at Mar. 31, 2016	31,791	$ 22	20,011	13,409	(1,664)	0	13
Balance (in Shares) at Mar. 31, 2016		2,189,489
Balance at Dec. 31, 2016	32,647	$ 23	20,910	14,260	(1,619)	(806)	(121)
Balance (in Shares) at Dec. 31, 2016		2,253,439
Net income	271	$ 0	0	271	0	0	0
Common stock held by ESOP committed to be allocated (1,498 shares)	23	0	8	0	15	0	0
Share based compensation-restricted stock	46	0	0	0	0	46	0
Share based compensation-options	26	0	26	0	0	0	0
Other comprehensive income, net of tax effect	21	0	0	0	0	0	21
Balance at Mar. 31, 2017	$ 33,034	$ 23	$ 20,944	$ 14,531	$ (1,604)	$ (760)	$ (100)
Balance (in Shares) at Mar. 31, 2017		2,253,439

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Number of shares committed to be allocated	1,498	1,498

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net income	$ 271	$ 156
Adjustments to reconcile net income to net cash provided by operating activities:
Capitalized interest on interest-bearing time deposits	(6)	0
Amortization of securities, net	19	22
Gain on sales/calls of securities, net	(1)	(1)
Loans originated for sale	0	(790)
Proceeds from sales of loans originated for sale	0	807
Gain on sales of loans, net	0	(17)
Change in net deferred origination fees, costs, premiums and discounts	(25)	(2)
Provision for loan losses	45	36
Depreciation and amortization	81	83
Increase in accrued interest receivable	(35)	(18)
Increase in bank-owned life insurance	(10)	(10)
Increase in other assets	(16)	0
Stock based compensation expense	95	19
Increase in other liabilities	15	(123)
Net cash provided by operating activities	433	162
Cash flows from investing activities:
Purchase of Federal Home Loan Bank stock	(23)	0
Redemption of Federal Home Loan Bank stock	0	79
Purchases of available-for-sale securities	(322)	(1,398)
Proceeds from maturities/calls/pay downs of available-for-sale securities	301	904
Proceeds from maturities of held-to-maturity securities	6	4
Loan principal originations and collections, net	2,817	2,111
Loans purchased	0	(11,191)
Capital expenditures	(9)	(3)
Net cash provided by (used in) investing activities	2,770	(9,494)
Cash flows from financing activities:
Net (decrease) increase in demand deposits, NOW and savings accounts	(1,279)	1,820
Net increase in time deposits	3,878	7,715
Payments on Federal Home Loan Bank long-term advances	(1,317)	0
Proceeds from Federal Home Loan Bank long-term advances	3,500	0
Purchase and retirement of common stock	0	(459)
Net cash provided by financing activities	4,782	9,076
Net increase (decrease) in cash and cash equivalents	7,985	(256)
Cash and cash equivalents at beginning of period	11,188	10,670
Cash and cash equivalents at end of period	19,173	10,414
Supplemental disclosures:
Interest paid	447	352
Income taxes paid	$ 108	$ 215

NATURE OF OPERATIONS

NATURE OF OPERATIONS	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Nature of Operations	NOTE 1 - NATURE OF OPERATIONS Pilgrim Bancshares, Inc. (the “Company”), was incorporated in February 2014 under the laws of the State of Maryland. The Company owns all of the outstanding shares of common stock of Pilgrim Bank (the “Bank”). The Bank is a Massachusetts chartered stock 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. The Bank is subject to the regulations of, and periodic examination by, the Massachusetts Division of Banks (“DOB”) and the Federal Deposit Insurance Corporation (“the FDIC”).

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	NOTE 2 - 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 (“GAAP”) 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 GAAP for complete financial statements. Financial information as of March 31, 2017 and for the interim periods ended March 31, 2017 and 2016 is unaudited; however, in the opinion of management, reflects all adjustments considered necessary for a fair presentation of such information. Such adjustments were of a normal recurring nature. The results of operations for the three months ended March 31, 2017 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, 2016. In preparing consolidated financial statements in conformity with GAAP, 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, and the valuation of deferred tax assets.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2017
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS As an “emerging growth company,” as defined in Title 1 of Jumpstart Our Business Startups (JOBS) Act, the Company has elected to use the extended transition period to delay adoption of new or reissued accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. Accordingly, the consolidated financial statements may not be comparable to the financial statements of public companies that comply with such new or revised accounting standards. As of March 31, 2017, there is no significant difference in the comparability of the consolidated financial statements as a result of this extended transition period. In May 2014 and August 2015, 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 ASU 2014-09 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. Under the extended transition period for an emerging growth company, the amendments in ASU 2015-14 defer the effective date of ASU 2014-09 to annual reporting periods beginning after December 31, 2017, and interim periods within that period. Earlier application is permitted only as of an annual reporting period beginning after December 31, 2016, including interim reporting periods within that reporting period. The adoption of ASU 2014-09 is not expected to have a material impact on the Company’s 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. Under the extended transition period for an emerging growth company, the amendments in this update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” The amendments in this ASU address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments and makes targeted improvements to GAAP as follows: 1. Require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same manner. 2. Simplify the impairment assessment of equity investments without determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. 3. Eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. 4. Require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. 5. Require an entity to present separately in other comprehensive income the portion of the total change in fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. 6. Require separate presentation of financial assets and financial liabilities by measurement category and form of financial assets (that is, securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements. 7. Clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. Under the extended transition period for an emerging growth company, the amendments in this update are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early application of item 5 above is permitted for fiscal years, or interim periods for which financial statements have not yet been issued. Early application of all other amendments in this ASU is not permitted. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” This ASU was issued to increase transparency and comparability among organizations by requiring reporting entities to recognize all leases, including operating, as lease assets and lease liabilities on the balance sheet and disclose key information about leasing arrangements. Under the extended transition period for an emerging growth company, the amendments in this ASU are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-based Payment Accounting.” The ASU simplifies several aspects of the accounting for share-based payment award transactions, including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. Under the extended transition period for an emerging growth company, the amendments in this ASU are effective for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. The Company is currently reviewing this ASU to determine if it will have an impact on its consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgement to determine which loss estimation method is appropriate for their circumstances. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. Under the extended transition period for an emerging growth company, this update will be effective for fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. Early adoption is permitted in interim and annual reporting periods beginning after December 15, 2018. The Company is currently evaluating the amendments of ASU No. 2016-13 to determine the potential impact the new standard will have on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, “Classification of Certain Cash Receipts and Cash Payments.” Current GAAP is unclear or does not include specific guidance on how to classify certain transactions in the statement of cash flows. This ASU is intended to reduce diversity in practice in how eight particular transactions are classified in the statement of cash flows. Under the extended transition period for an emerging growth company, the amendments in ASU 2016-15 are effective for fiscal years beginning after December 15, 2018 and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted, provided that all of the amendments are adopted in the same period. Entities will be required to apply the guidance retrospectively. If it is impracticable to apply the guidance retrospectively for an issue, the amendments related to that issue would be applied prospectively. As this guidance only affects the classification within the statement of cash flows, ASU 2016-15 is not expected to have a material impact on the Company’s consolidated financial statements. In November 2016, the FASB issued ASU 2016-18 “Statement of Cash Flows – Restricted Cash (Topic 230).” The amendments in this update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this update do not provide a definition of restricted cash or restricted cash equivalents. Under the extended transition period for an emerging growth company, the amendments in this ASU are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted, including adoption in an interim period. As this guidance only affects the classification within the statement of cash flows, ASU 2016-18 is not expected to have a material impact on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20).” The amendments in this update require shortening the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. Under the extended transition period for an emerging growth company, the amendments in this ASU are effective for fiscal years beginning after December 15, 2019 and interim periods beginning after December 15, 2020. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. ASU 2017-08 is not expected to have a material impact on the Company’s consolidated financial

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share (EPS)	NOTE 4 - EARNINGS PER SHARE (EPS) The Company has adopted the EPS guidance included in 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 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. Unallocated ESOP shares and unearned shares of restricted stock are not deemed outstanding for earnings per share calculations. EPS for the three months ended March 31, 2017 and 2016 have been computed based on the following: Three Months Ended March 31, 2017 2016 Net income (In thousands) $ 271 $ 156 Basic and diluted common shares: Weighted average common shares outstanding 2,253,439 2,197,830 Weighted average unearned shares-restricted stock (60,923) - Weighted average unallocated ESOP shares (161,087) (167,070) Basic weighted average shares outstanding 2,031,429 2,030,760 Dilutive effect of unearned restricted stock 9,371 - Diluted weighted average shares outstanding 2,040,800 2,030,760 Basic earnings per share $ 0.13 $ 0.08 Diluted earnings per share (1) $ 0.13 $ 0.08 (1) Options to purchase 169,500 shares, representing all outstanding options, were not included in the computation of diluted earnings per share for the three months ended March 31, 2017 because the effect is anti-dilutive. There were no options to purchase shares for the three months ended March 31, 2016.

INVESTMENTS IN SECURITIES

INVESTMENTS IN SECURITIES	3 Months Ended
	Mar. 31, 2017
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. Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Available-for-sale securities: March 31, 2017: Debt securities issued by U.S. government corporations and agencies $ 8,981 $ 5 $ 48 $ 8,938 Debt securities issued by states of the United States and political subdivisions of the states 3,007 1 33 2,975 Mortgage-backed securities 5,246 4 88 5,162 $ 17,234 $ 10 $ 169 $ 17,075 December 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 8,980 $ 7 $ 53 $ 8,934 Debt securities issued by states of the United States and political subdivisions of the states 2,696 - 50 2,646 Mortgage-backed securities 5,557 5 101 5,461 $ 17,233 $ 12 $ 204 $ 17,041 Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Held-to-maturity securities: March 31, 2017: Mortgage-backed securities $ 100 $ 32 $ - $ 132 $ 100 $ 32 $ - $ 132 December 31, 2016: Mortgage-backed securities $ 104 $ 31 $ - $ 135 $ 104 $ 31 $ - $ 135 Available-For-Sale Held-To-Maturity Amortized Fair Cost Fair Value Basis Value (In Thousands) Due within one year $ 499 $ - $ - Due after one year through five years 9,563 - - Due after five years through ten years 1,274 - - Due after ten years 577 - - Mortgage-backed securities 5,162 100 132 $ 17,075 $ 100 $ 132 No available-for-sale securities were sold during the three months ended March 31, 2017 and 2016. As of March 31, 2017 and December 31, 2016, there were no securities of issuers whose aggregate carrying amount exceeded 10 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) March 31, 2017: Debt securities issued by U.S. government corporations and agencies $ 7,934 $ 48 $ - $ - $ 7,934 $ 48 Debt securities issued by states of the United States and political subdivisions of the states 2,014 23 430 10 2,444 33 Mortgage-backed securities 2,890 38 1,678 50 4,568 88 Total temporarily impaired securities $ 12,838 $ 109 $ 2,108 $ 60 $ 14,946 $ 169 December 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 7,430 $ 53 $ - $ - $ 7,430 $ 53 Debt securities issued by states of the United States and political subdivisions of the states 2,215 35 431 15 2,646 50 Mortgage-backed securities 3,342 52 1,660 49 5,002 101 Total temporarily impaired securities $ 12,987 $ 140 $ 2,091 $ 64 $ 15,078 $ 204 As of March 31, 2017, investment securities with unrealized losses consist of 18 debt securities issued by U.S. government corporations and government-sponsored agencies, 11 debt securities issued by states of the United States and political subdivisions of the states and mortgage-backed securities consisting of 27 government agencies and government sponsored enterprises and 1 private label. 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. No other-than-temporary impairment losses were recognized for the three months ended March 31, 2017 and 2016.

LOANS

LOANS	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
LOANS	NOTE 6 - LOANS March 31, December 31, 2017 2016 (In Thousands) Real estate loans: One-to four- family residential $ 133,379 $ 133,997 Commercial 23,424 23,368 Multi-family 19,448 19,503 Home equity loans and lines of credit 2,105 2,294 Construction 25,485 27,185 Commercial and industrial loans 2,867 2,885 Consumer loans: Consumer lines of credit 12 22 Other consumer loans 1,627 1,910 208,347 211,164 Net deferred loan origination fees, costs, premiums and discounts 396 371 Allowance for loan losses (1,094) (1,049) Net loans $ 207,649 $ 210,486 Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Line of Credit Other Consumer Unallocated Total (In Thousands) Three months ended March 31, 2017 : Allowance for loan losses: Beginning balance $ 449 $ 134 $ 74 $ 12 $ 340 $ 10 $ 1 $ 15 $ 14 $ 1,049 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 51 4 (2) (1) (9) (1) - (2) 5 45 Ending balance $ 500 $ 138 $ 72 $ 11 $ 331 $ 9 $ 1 $ 13 $ 19 $ 1,094 Three months ended March 31, 2016 : Allowance for loan losses: Beginning balance $ 373 $ 146 $ 62 $ 14 $ 216 $ 13 $ 1 $ 29 $ 32 $ 886 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 81 (7) (3) (2) (8) (1) - (4) (20) 36 Ending balance $ 454 $ 139 $ 59 $ 12 $ 208 $ 12 $ 1 $ 25 $ 12 $ 922 At March 31, 2017: Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 21 $ - $ - $ - $ - $ - $ - $ - $ - $ 21 Ending balance: Collectively evaluated for impairment 479 138 72 11 331 9 1 13 19 1,073 Total allowance for loan losses ending balance $ 500 $ 138 $ 72 $ 11 $ 331 $ 9 $ 1 $ 13 $ 19 $ 1,094 Loans: Ending balance: Individually evaluated for impairment $ 3,390 $ 650 $ - $ 6 $ - $ - $ - $ - $ - $ 4,046 Ending balance: Collectively evaluated for impairment 129,989 22,774 19,448 2,099 25,485 2,867 12 1,627 - 204,301 Total loans ending balance $ 133,379 $ 23,424 $ 19,448 $ 2,105 $ 25,485 $ 2,867 $ 12 $ 1,627 $ - $ 208,347 Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Line of Credit Other Consumer Unallocated Total At December 31, 2016 : Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 21 $ - $ - $ - $ - $ - $ - $ - $ - $ 21 Ending balance: Collectively evaluated for impairment 428 134 74 12 340 10 1 15 14 1,028 Total allowance for loan losses ending balance $ 449 $ 134 $ 74 $ 12 $ 340 $ 10 $ 1 $ 15 $ 14 $ 1,049 Loans: Ending balance: Individually evaluated for impairment $ 3,406 $ 650 $ - $ 6 $ - $ - $ - $ - $ - $ 4,062 Ending balance: Collectively evaluated for impairment 130,591 22,718 19,503 2,288 27,185 2,885 22 1,910 - 207,102 Total loans ending balance $ 133,997 $ 23,368 $ 19,503 $ 2,294 $ 27,185 $ 2,885 $ 22 $ 1,910 $ - $ 211,164 90 Days 90 Days or More 30-59 Days 60-89 Days or More Total Total Past Due Nonaccrual Past Due Past Due Past Due Past Due Current Total and Accruing Loans (In Thousands) March 31, 2017: Real estate loans: One- to four-family residential $ 2,730 $ - $ - $ 2,730 $ 130,649 $ 133,379 $ - $ - Commercial - 650 - 650 22,774 23,424 - - Multi-family - - - - 19,448 19,448 - - Home equity loans and lines of credit - - - - 2,105 2,105 - - Construction - - - - 25,485 25,485 - - Commercial and industrial loans - - - - 2,867 2,867 - - Consumer loans: Consumer lines of credit - - - - 12 12 - - Other consumer - - - - 1,627 1,627 - - Total $ 2,730 $ 650 $ - $ 3,380 $ 204,967 $ 208,347 $ - $ - December 31, 2016: Real estate loans: One- to four-family residential $ 118 $ - $ - $ 118 $ 133,879 $ 133,997 $ - $ - Commercial - - - - 23,368 23,368 - - Multi-family - - - - 19,503 19,503 - - Home equity loans and lines of credit - - - - 2,294 2,294 - - Construction - - - - 27,185 27,185 - - Commercial and industrial loans - - - - 2,885 2,885 - - Consumer loans: Consumer lines of credit - - - - 22 22 - - Other consumer - - - - 1,910 1,910 - - Total $ 118 $ - $ - $ 118 $ 211,046 $ 211,164 $ - $ - Information about loans that meet the definition of an impaired loan in ASC 310-10-35, “Receivables – Overall Subsequent Measurement,” is as follows at March 31, 2017 and December 31, 2016. Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) March 31, 2017: With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,823 $ 2,823 $ - Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired with no related allowance $ 3,479 $ 3,561 $ - With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 567 $ 21 Commercial - - - Home equity loans and lines of credit - - - Total impaired with an allowance recorded $ 567 $ 567 $ 21 Total Real estate loans: One- to four-family residential $ 3,390 $ 3,390 $ 21 Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired loans $ 4,046 $ 4,128 $ 21 December 31, 2016: With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,839 $ 2,839 $ - Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired with no related allowance $ 3,495 $ 3,577 $ - With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 567 $ 21 Commercial - - - Home equity loans and lines of credit - - - Total impaired with an allowance recorded $ 567 $ 567 $ 21 Total Real estate loans: One- to four-family residential $ 3,406 $ 3,406 $ 21 Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired loans $ 4,062 $ 4,144 $ 21 Three Months Ended Three Months Ended March 31, 2017 March 31, 2016 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized (In Thousands) With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,830 $ 21 $ 3,688 $ 44 Commercial 650 - 676 7 Home equity loans and lines of credit 6 1 59 1 Total impaired with no related allowance $ 3,486 $ 22 $ 4,423 $ 52 With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 6 $ 567 $ 5 Commercial - - - - Home equity loans and lines of credit - - - - Total impaired with an allowance recorded $ 567 $ 6 $ 567 $ 5 Total Real estate loans: One- to four-family residential $ 3,397 $ 27 $ 4,255 $ 49 Commercial 650 - 676 7 Home equity loans and lines of credit 6 1 59 1 Total impaired loans $ 4,053 $ 28 $ 4,990 $ 57 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) March 31, 2017: Grade: Pass $ - $ 22,774 $ 19,448 $ - $ 21,774 $ 2,527 $ - $ - $ 66,523 Special mention 225 - - - 3,711 340 - - 4,276 Substandard 2,348 650 - 6 - - - - 3,004 Loans not formally rated 130,806 - - 2,099 - - 12 1,627 134,544 Total $ 133,379 $ 23,424 $ 19,448 $ 2,105 $ 25,485 $ 2,867 $ 12 $ 1,627 $ 208,347 December 31, 2016: Grade: Pass $ - $ 22,718 $ 19,503 $ - $ 27,185 $ 2,885 $ - $ - $ 72,291 Special mention 2,016 650 - - - - - - 2,666 Substandard 567 - - 6 - - - - 573 Loans not formally rated 131,414 - - 2,288 - - 22 1,910 135,634 Total $ 133,997 $ 23,368 $ 19,503 $ 2,294 $ 27,185 $ 2,885 $ 22 $ 1,910 $ 211,164 At March 31, 2017 and December 31, 2016, there were no loans rated “doubtful” or “loss.” Credit Quality Information The Company utilizes a seven grade internal loan rating system for commercial and multi-family 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 and multi-family real estate, construction and commercial loans. For residential real estate, home equity loans and lines of credit 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 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. As of March 31, 2017, there were no consumer mortgage loans collateralized by residential real estate in the process of foreclosure. Loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid balances of mortgage and other loans serviced for others were $ 23.5 24.3

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
DEPOSITS	NOTE 7 – DEPOSITS The aggregate amount of time deposit accounts in denominations that meet or exceed the Federal Deposit Insurance Corporation (FDIC) insurance limit (currently $ 250,000 23.4 22.3 5.0 (In Thousands) 2018 $ 52,023 2019 22,665 2020 3,222 2021 12,567 2022 2,397 Total $ 92,874 There were $ 7.3

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
FEDERAL HOME LOAN BANK ADVANCES	NOTE 8 - FEDERAL HOME LOAN BANK ADVANCES Maturities of advances from the FHLB for the years ending after March 31, 2017 are summarized as follows: (In Thousands) 2018 $ 9,044 2019 5,529 2020 3,092 2021 1,634 2022 713 Thereafter 19,500 $ 39,512 Interest rates ranged from 0.39% to 1.51% with a weighted-average interest rate of 1.01% at March 31, 2017. 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	3 Months Ended
	Mar. 31, 2017
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. In accordance with ASC 820-10, the Company groups its financial assets and financial liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1 - 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 March 31, 2017 and December 31, 2016. The Company did not have any significant transfers between level 1 and level 2 of the fair value hierarchy during the three months ended March 31, 2017. 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. The following summarizes assets measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016: 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) March 31, 2017 : Debt securities issued by U.S. government corporations and agencies $ 8,938 $ - $ 8,938 $ - Debt securities issued by states of the United States and political subdivisions of the states 2,975 - 2,975 - Mortgage-backed securities 5,162 - 5,162 - Totals $ 17,075 $ - $ 17,075 $ - December 31, 2016 : Debt securities issued by U.S. government corporations and agencies $ 8,934 $ - $ 8,934 $ - Debt securities issued by states of the United States and political subdivisions of the states 2,646 - 2,646 - Mortgage-backed securities 5,461 - 5,461 - Totals $ 17,041 $ - $ 17,041 $ - 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. The following table presents assets carried on the consolidated balance sheet by caption and by level in the fair value hierarchy at March 31, 2017 and December 31, 2016 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) March 31, 2017: Impaired loans $ 552 $ - $ - $ 552 Totals $ 552 $ - $ - $ 552 December 31, 2016: Impaired loans $ 552 $ - $ - $ 552 Totals $ 552 $ - $ - $ 552 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: March 31, 2017 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 19,173 $ 19,173 $ - $ - $ 19,173 Interest-bearing time deposits with other banks 1,098 - 1,103 - 1,103 Available-for-sale securities 17,075 - 17,075 - 17,075 Held-to-maturity securities 100 - 132 - 132 Federal Home Loan Bank stock 2,322 2,322 - - 2,322 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 207,649 - - 209,349 209,349 Accrued interest receivable 634 634 - - 634 Financial liabilities: Deposits 184,685 - 185,263 - 185,263 FHLB advances 39,512 - 39,660 - 39,660 December 31, 2016 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 11,188 $ 11,188 $ - $ - $ 11,188 Interest-bearing time deposits with other banks 1,092 - 1,098 - 1,098 Available-for-sale securities 17,041 - 17,041 - 17,041 Held-to-maturity securities 104 - 135 - 135 Federal Home Loan Bank stock 2,299 2,299 - - 2,299 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 210,486 - - 211,328 211,328 Accrued interest receivable 599 599 - - 599 Financial liabilities: Deposits 182,086 - 182,676 - 182,676 FHLB advances 37,329 - 37,089 - 37,089 The carrying amounts of financial instruments shown in the above table are included in the consolidated balance sheets as of March 31, 2017 and December 31, 2016 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	3 Months Ended
	Mar. 31, 2017
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 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 regulations require a common equity Tier 1 (“CET 1”) capital ratio of 4.5 6.0 8.0 4.0 6.5 8.0 10.0 5.0 0.625 0.625 2.5 Management believes, as of March 31, 2017, that the Bank meets all capital adequacy requirements to which it is subject. As of March 31, 2017, the most recent notification from the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized the Bank must maintain minimum Common Equity Tier 1, total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed the Bank’s category. To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars In Thousands) As of March 31, 2017: Total Capital (to Risk Weighted Assets) $ 24,853 15.09 % $ 13,176 8.0 % $ 16,470 10.0 % Tier 1 Capital (to Risk Weighted Assets) 23,750 14.42 9,882 6.0 13,176 8.0 Common Equity Tier 1 Capital (to Risk Weighted Assets) 23,750 14.42 7,412 4.5 10,706 6.5 Tier 1 Capital (to Average Assets) 23,750 9.30 10,217 4.0 12,772 5.0 As of December 31, 2016: Total Capital (to Risk Weighted Assets) $ 24,440 14.56 % $ 13,424 8.0 % $ 16,781 10.0 % Tier 1 Capital (to Risk Weighted Assets) 23,380 13.93 10,068 6.0 13,424 8.0 Common Equity Tier 1 Capital (to Risk Weighted Assets) 23,380 13.93 7,551 4.5 10,907 6.5 Tier 1 Capital (to Average Assets) 23,380 9.38 9,970 4.0 12,463 5.0

COMMON STOCK REPURCHASES

COMMON STOCK REPURCHASES	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
COMMON STOCK REPURCHASES	NOTE 11 - COMMON STOCK REPURCHASES On November 24, 2015, the Board of Directors of the Company authorized a stock repurchase program pursuant to which the Company may purchase up to 89,903 4.0 During the three month period ending March 31, 2017, the Company did not repurchase any shares of common stock. During the three month period ending March 31, 2016, a total of 35,000 13.12

EQUITY INCENTIVE PLAN

EQUITY INCENTIVE PLAN	3 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
EQUITY INCENTIVE PLAN	NOTE 12 - EQUITY INCENTIVE PLAN On November 24, 2015, stockholders of the Company approved the 2015 Equity Incentive Plan (“2015 EIP”). The 2015 EIP provides for the award of up to 314,661 70,950 169,500 70,950 47,600 23,350 169,500 122,500 47,000 18,953 55,258 The fair value of each option awarded for the 2015 EIP is estimated on the date of the grant using the Black-Scholes Option-Pricing Model. The expected life represents the period of time that the option is expected to be outstanding, taking into account the contractual term and the vesting period. The expected volatility is based on peer group volatility because the Company does not have sufficient trading history. The dividend yield is based on the Company’s expectation of no dividend payouts. The risk-free rate was based on the U.S. Treasury yield curve in effect at the date of the grant for a period equivalent to the expected life of the option. Stock Option Assumptions Expected life 6.40 years Expected dividend yield 0 % Expected volatility 20.24 % Expected forfeiture rate 0 % Risk free rate 1.67 % Fair value per option $ 3.17 Stock Options 2017 Number of Shares Outstanding at beginning of period 169,500 Granted 0 Outstanding at end of period 169,500 Exercisable at end of period - Weighted average fair value of options granted $ 3.17 Weighted average contractual life remaining 9.2 years Weighted average exercise price $ 12.85 Aggregate intrinsic value $ 364,000 Non-vested Restricted Stock 2017 Number of Shares Outstanding at beginning of period 70,950 Granted 0 Outstanding at end of period 70,950 Weighted average grant date fair value $ 12.85 As of March 31, 2017, unrecognized share-based compensation expense related to non-vested options amounted to $ 448,000 760,000 4.2 For the three months ended March 31, 2017, the Company recognized stock option related compensation expense of $ 26,000 3,000 46,000 18,000

EARNINGS PER SHARE (EPS) (Table

EARNINGS PER SHARE (EPS) (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Summary of Earnings Per Share	EPS for the three months ended March 31, 2017 and 2016 have been computed based on the following: Three Months Ended March 31, 2017 2016 Net income (In thousands) $ 271 $ 156 Basic and diluted common shares: Weighted average common shares outstanding 2,253,439 2,197,830 Weighted average unearned shares-restricted stock (60,923) - Weighted average unallocated ESOP shares (161,087) (167,070) Basic weighted average shares outstanding 2,031,429 2,030,760 Dilutive effect of unearned restricted stock 9,371 - Diluted weighted average shares outstanding 2,040,800 2,030,760 Basic earnings per share $ 0.13 $ 0.08 Diluted earnings per share (1) $ 0.13 $ 0.08 (1) Options to purchase 169,500 shares, representing all outstanding options, were not included in the computation of diluted earnings per share for the three months ended March 31, 2017 because the effect is anti-dilutive. There were no options to purchase shares for the three months ended March 31, 2016.

INVESTMENTS IN SECURITIES (Tabl

INVESTMENTS IN SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Values of Securities	The amortized cost basis of securities and their approximate fair values are as follows as of March 31, 2017 and December 31, 2016: Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Available-for-sale securities: March 31, 2017: Debt securities issued by U.S. government corporations and agencies $ 8,981 $ 5 $ 48 $ 8,938 Debt securities issued by states of the United States and political subdivisions of the states 3,007 1 33 2,975 Mortgage-backed securities 5,246 4 88 5,162 $ 17,234 $ 10 $ 169 $ 17,075 December 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 8,980 $ 7 $ 53 $ 8,934 Debt securities issued by states of the United States and political subdivisions of the states 2,696 - 50 2,646 Mortgage-backed securities 5,557 5 101 5,461 $ 17,233 $ 12 $ 204 $ 17,041 Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Held-to-maturity securities: March 31, 2017: Mortgage-backed securities $ 100 $ 32 $ - $ 132 $ 100 $ 32 $ - $ 132 December 31, 2016: Mortgage-backed securities $ 104 $ 31 $ - $ 135 $ 104 $ 31 $ - $ 135
Scheduled Maturities of Debt Securities	The scheduled maturities of debt securities were as follows as of March 31, 2017: Available-For-Sale Held-To-Maturity Amortized Fair Cost Fair Value Basis Value (In Thousands) Due within one year $ 499 $ - $ - Due after one year through five years 9,563 - - Due after five years through ten years 1,274 - - Due after ten years 577 - - Mortgage-backed securities 5,162 100 132 $ 17,075 $ 100 $ 132
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, and are not other-than-temporarily impaired, 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) March 31, 2017: Debt securities issued by U.S. government corporations and agencies $ 7,934 $ 48 $ - $ - $ 7,934 $ 48 Debt securities issued by states of the United States and political subdivisions of the states 2,014 23 430 10 2,444 33 Mortgage-backed securities 2,890 38 1,678 50 4,568 88 Total temporarily impaired securities $ 12,838 $ 109 $ 2,108 $ 60 $ 14,946 $ 169 December 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 7,430 $ 53 $ - $ - $ 7,430 $ 53 Debt securities issued by states of the United States and political subdivisions of the states 2,215 35 431 15 2,646 50 Mortgage-backed securities 3,342 52 1,660 49 5,002 101 Total temporarily impaired securities $ 12,987 $ 140 $ 2,091 $ 64 $ 15,078 $ 204

LOANS (Tables)

LOANS (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Schedule of Loans	Loans consisted of the following: March 31, December 31, 2017 2016 (In Thousands) Real estate loans: One-to four- family residential $ 133,379 $ 133,997 Commercial 23,424 23,368 Multi-family 19,448 19,503 Home equity loans and lines of credit 2,105 2,294 Construction 25,485 27,185 Commercial and industrial loans 2,867 2,885 Consumer loans: Consumer lines of credit 12 22 Other consumer loans 1,627 1,910 208,347 211,164 Net deferred loan origination fees, costs, premiums and discounts 396 371 Allowance for loan losses (1,094) (1,049) Net loans $ 207,649 $ 210,486
Schedule of Allowance for Loan Losses	The following tables set forth information regarding the allowance for loan losses as of and for the three months ended March 31, 2017 and 2016 and at March 31, 2017 and December 31, 2016: Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Line of Credit Other Consumer Unallocated Total (In Thousands) Three months ended March 31, 2017 : Allowance for loan losses: Beginning balance $ 449 $ 134 $ 74 $ 12 $ 340 $ 10 $ 1 $ 15 $ 14 $ 1,049 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 51 4 (2) (1) (9) (1) - (2) 5 45 Ending balance $ 500 $ 138 $ 72 $ 11 $ 331 $ 9 $ 1 $ 13 $ 19 $ 1,094 Three months ended March 31, 2016 : Allowance for loan losses: Beginning balance $ 373 $ 146 $ 62 $ 14 $ 216 $ 13 $ 1 $ 29 $ 32 $ 886 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 81 (7) (3) (2) (8) (1) - (4) (20) 36 Ending balance $ 454 $ 139 $ 59 $ 12 $ 208 $ 12 $ 1 $ 25 $ 12 $ 922 At March 31, 2017: Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 21 $ - $ - $ - $ - $ - $ - $ - $ - $ 21 Ending balance: Collectively evaluated for impairment 479 138 72 11 331 9 1 13 19 1,073 Total allowance for loan losses ending balance $ 500 $ 138 $ 72 $ 11 $ 331 $ 9 $ 1 $ 13 $ 19 $ 1,094 Loans: Ending balance: Individually evaluated for impairment $ 3,390 $ 650 $ - $ 6 $ - $ - $ - $ - $ - $ 4,046 Ending balance: Collectively evaluated for impairment 129,989 22,774 19,448 2,099 25,485 2,867 12 1,627 - 204,301 Total loans ending balance $ 133,379 $ 23,424 $ 19,448 $ 2,105 $ 25,485 $ 2,867 $ 12 $ 1,627 $ - $ 208,347 Real Estate: Consumer One- to four-family Home Equity Loans Commercial and Consumer Residential Commercial Multi-family and Lines of Credit Construction Industrial Loans Line of Credit Other Consumer Unallocated Total At December 31, 2016 : Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 21 $ - $ - $ - $ - $ - $ - $ - $ - $ 21 Ending balance: Collectively evaluated for impairment 428 134 74 12 340 10 1 15 14 1,028 Total allowance for loan losses ending balance $ 449 $ 134 $ 74 $ 12 $ 340 $ 10 $ 1 $ 15 $ 14 $ 1,049 Loans: Ending balance: Individually evaluated for impairment $ 3,406 $ 650 $ - $ 6 $ - $ - $ - $ - $ - $ 4,062 Ending balance: Collectively evaluated for impairment 130,591 22,718 19,503 2,288 27,185 2,885 22 1,910 - 207,102 Total loans ending balance $ 133,997 $ 23,368 $ 19,503 $ 2,294 $ 27,185 $ 2,885 $ 22 $ 1,910 $ - $ 211,164
Schedule of Nonaccrual Loans and Past-Due Loans	90 Days 90 Days or More 30-59 Days 60-89 Days or More Total Total Past Due Nonaccrual Past Due Past Due Past Due Past Due Current Total and Accruing Loans (In Thousands) March 31, 2017: Real estate loans: One- to four-family residential $ 2,730 $ - $ - $ 2,730 $ 130,649 $ 133,379 $ - $ - Commercial - 650 - 650 22,774 23,424 - - Multi-family - - - - 19,448 19,448 - - Home equity loans and lines of credit - - - - 2,105 2,105 - - Construction - - - - 25,485 25,485 - - Commercial and industrial loans - - - - 2,867 2,867 - - Consumer loans: Consumer lines of credit - - - - 12 12 - - Other consumer - - - - 1,627 1,627 - - Total $ 2,730 $ 650 $ - $ 3,380 $ 204,967 $ 208,347 $ - $ - December 31, 2016: Real estate loans: One- to four-family residential $ 118 $ - $ - $ 118 $ 133,879 $ 133,997 $ - $ - Commercial - - - - 23,368 23,368 - - Multi-family - - - - 19,503 19,503 - - Home equity loans and lines of credit - - - - 2,294 2,294 - - Construction - - - - 27,185 27,185 - - Commercial and industrial loans - - - - 2,885 2,885 - - Consumer loans: Consumer lines of credit - - - - 22 22 - - Other consumer - - - - 1,910 1,910 - - Total $ 118 $ - $ - $ 118 $ 211,046 $ 211,164 $ - $ -
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 March 31, 2017 and December 31, 2016. Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) March 31, 2017: With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,823 $ 2,823 $ - Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired with no related allowance $ 3,479 $ 3,561 $ - With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 567 $ 21 Commercial - - - Home equity loans and lines of credit - - - Total impaired with an allowance recorded $ 567 $ 567 $ 21 Total Real estate loans: One- to four-family residential $ 3,390 $ 3,390 $ 21 Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired loans $ 4,046 $ 4,128 $ 21 December 31, 2016: With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,839 $ 2,839 $ - Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired with no related allowance $ 3,495 $ 3,577 $ - With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 567 $ 21 Commercial - - - Home equity loans and lines of credit - - - Total impaired with an allowance recorded $ 567 $ 567 $ 21 Total Real estate loans: One- to four-family residential $ 3,406 $ 3,406 $ 21 Commercial 650 650 - Home equity loans and lines of credit 6 88 - Total impaired loans $ 4,062 $ 4,144 $ 21 Three Months Ended Three Months Ended March 31, 2017 March 31, 2016 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized (In Thousands) With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,830 $ 21 $ 3,688 $ 44 Commercial 650 - 676 7 Home equity loans and lines of credit 6 1 59 1 Total impaired with no related allowance $ 3,486 $ 22 $ 4,423 $ 52 With an allowance recorded: Real estate loans: One- to four-family residential $ 567 $ 6 $ 567 $ 5 Commercial - - - - Home equity loans and lines of credit - - - - Total impaired with an allowance recorded $ 567 $ 6 $ 567 $ 5 Total Real estate loans: One- to four-family residential $ 3,397 $ 27 $ 4,255 $ 49 Commercial 650 - 676 7 Home equity loans and lines of credit 6 1 59 1 Total impaired loans $ 4,053 $ 28 $ 4,990 $ 57
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) March 31, 2017: Grade: Pass $ - $ 22,774 $ 19,448 $ - $ 21,774 $ 2,527 $ - $ - $ 66,523 Special mention 225 - - - 3,711 340 - - 4,276 Substandard 2,348 650 - 6 - - - - 3,004 Loans not formally rated 130,806 - - 2,099 - - 12 1,627 134,544 Total $ 133,379 $ 23,424 $ 19,448 $ 2,105 $ 25,485 $ 2,867 $ 12 $ 1,627 $ 208,347 December 31, 2016: Grade: Pass $ - $ 22,718 $ 19,503 $ - $ 27,185 $ 2,885 $ - $ - $ 72,291 Special mention 2,016 650 - - - - - - 2,666 Substandard 567 - - 6 - - - - 573 Loans not formally rated 131,414 - - 2,288 - - 22 1,910 135,634 Total $ 133,997 $ 23,368 $ 19,503 $ 2,294 $ 27,185 $ 2,885 $ 22 $ 1,910 $ 211,164

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
Summary of Scheduled Maturities of Time Deposits	(In Thousands) 2018 $ 52,023 2019 22,665 2020 3,222 2021 12,567 2022 2,397 Total $ 92,874

FEDERAL HOME LOAN BANK ADVANC25

FEDERAL HOME LOAN BANK ADVANCES (Tables)	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
Summary of Maturities of Advances from the Federal Home Loan Bank ("FHLB") of Boston	Maturities of advances from the FHLB for the years ending after March 31, 2017 are summarized as follows: (In Thousands) 2018 $ 9,044 2019 5,529 2020 3,092 2021 1,634 2022 713 Thereafter 19,500 $ 39,512

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Summary of Assets Measured at Fair Value on a Recurring Basis	The following summarizes assets measured at fair value on a recurring basis as of March 31, 2017 and December 31, 2016: 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) March 31, 2017 : Debt securities issued by U.S. government corporations and agencies $ 8,938 $ - $ 8,938 $ - Debt securities issued by states of the United States and political subdivisions of the states 2,975 - 2,975 - Mortgage-backed securities 5,162 - 5,162 - Totals $ 17,075 $ - $ 17,075 $ - December 31, 2016 : Debt securities issued by U.S. government corporations and agencies $ 8,934 $ - $ 8,934 $ - Debt securities issued by states of the United States and political subdivisions of the states 2,646 - 2,646 - Mortgage-backed securities 5,461 - 5,461 - Totals $ 17,041 $ - $ 17,041 $ -
Summary of 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. The following table presents assets carried on the consolidated balance sheet by caption and by level in the fair value hierarchy at March 31, 2017 and December 31, 2016 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) March 31, 2017: Impaired loans $ 552 $ - $ - $ 552 Totals $ 552 $ - $ - $ 552 December 31, 2016: Impaired loans $ 552 $ - $ - $ 552 Totals $ 552 $ - $ - $ 552
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: March 31, 2017 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 19,173 $ 19,173 $ - $ - $ 19,173 Interest-bearing time deposits with other banks 1,098 - 1,103 - 1,103 Available-for-sale securities 17,075 - 17,075 - 17,075 Held-to-maturity securities 100 - 132 - 132 Federal Home Loan Bank stock 2,322 2,322 - - 2,322 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 207,649 - - 209,349 209,349 Accrued interest receivable 634 634 - - 634 Financial liabilities: Deposits 184,685 - 185,263 - 185,263 FHLB advances 39,512 - 39,660 - 39,660 December 31, 2016 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 11,188 $ 11,188 $ - $ - $ 11,188 Interest-bearing time deposits with other banks 1,092 - 1,098 - 1,098 Available-for-sale securities 17,041 - 17,041 - 17,041 Held-to-maturity securities 104 - 135 - 135 Federal Home Loan Bank stock 2,299 2,299 - - 2,299 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 210,486 - - 211,328 211,328 Accrued interest receivable 599 599 - - 599 Financial liabilities: Deposits 182,086 - 182,676 - 182,676 FHLB advances 37,329 - 37,089 - 37,089

REGULATORY CAPITAL (Tables)

REGULATORY CAPITAL (Tables)	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
Schedule of Bank's Actual Capital Amounts and Ratios	The Bank’s actual capital amounts and ratios are also presented in the table as of March 31, 2017 and December 31, 2016. To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars In Thousands) As of March 31, 2017: Total Capital (to Risk Weighted Assets) $ 24,853 15.09 % $ 13,176 8.0 % $ 16,470 10.0 % Tier 1 Capital (to Risk Weighted Assets) 23,750 14.42 9,882 6.0 13,176 8.0 Common Equity Tier 1 Capital (to Risk Weighted Assets) 23,750 14.42 7,412 4.5 10,706 6.5 Tier 1 Capital (to Average Assets) 23,750 9.30 10,217 4.0 12,772 5.0 As of December 31, 2016: Total Capital (to Risk Weighted Assets) $ 24,440 14.56 % $ 13,424 8.0 % $ 16,781 10.0 % Tier 1 Capital (to Risk Weighted Assets) 23,380 13.93 10,068 6.0 13,424 8.0 Common Equity Tier 1 Capital (to Risk Weighted Assets) 23,380 13.93 7,551 4.5 10,907 6.5 Tier 1 Capital (to Average Assets) 23,380 9.38 9,970 4.0 12,463 5.0

EQUITY INCENTIVE PLAN (Tables)

EQUITY INCENTIVE PLAN (Tables)	3 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	The weighted average assumptions and fair value used for options granted are as follows: Stock Option Assumptions Expected life 6.40 years Expected dividend yield 0 % Expected volatility 20.24 % Expected forfeiture rate 0 % Risk free rate 1.67 % Fair value per option $ 3.17
Schedule of Share-based Compensation, Stock Options, Activity	A summary of activity for the 2015 Equity Incentive Plan as of and for the three months ended March 31, 2017 is as follows: Stock Options 2017 Number of Shares Outstanding at beginning of period 169,500 Granted 0 Outstanding at end of period 169,500 Exercisable at end of period - Weighted average fair value of options granted $ 3.17 Weighted average contractual life remaining 9.2 years Weighted average exercise price $ 12.85 Aggregate intrinsic value $ 364,000
Nonvested Restricted Stock Shares Activity	Non-vested Restricted Stock 2017 Number of Shares Outstanding at beginning of period 70,950 Granted 0 Outstanding at end of period 70,950 Weighted average grant date fair value $ 12.85

NATURE OF OPERATIONS - Addition

NATURE OF OPERATIONS - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017
Organization and Nature of Operations [Line Items]
Entity Incorporation, Date of Incorporation	Feb. 28, 2014
Entity Incorporation, State Country Name	Maryland

EARNINGS PER SHARE (EPS) - Summ

EARNINGS PER SHARE (EPS) - Summary of Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Net income (In thousands)		$ 271	$ 156
Basic and diluted common shares:
Weighted average common shares outstanding		2,253,439	2,197,830
Weighted average unearned shares-restricted stock		(60,923)	0
Weighted average unallocated ESOP shares		(161,087)	(167,070)
Basic weighted average shares outstanding		2,031,429	2,030,760
Diluted weighted average shares outstanding		2,040,800	2,030,760
Basic earnings per share		$ 0.13	$ 0.08
Diluted earnings per share	[1]	$ 0.13	$ 0.08
Restricted Stock [Member]
Basic and diluted common shares:
Dilutive effect of unearned restricted stock		9,371	0
[1]	Options to purchase 169,500 shares, representing all outstanding options, were not included in the computation of diluted earnings per share for the three months ended March 31, 2017 because the effect is anti-dilutive. There were no options to purchase shares for the three months ended March 31, 2016.

EARNINGS PER SHARE (EPS) - Addi

EARNINGS PER SHARE (EPS) - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	169,500	0

INVESTMENTS IN SECURITIES - Sch

INVESTMENTS IN SECURITIES - Schedule of Amortized Cost and Fair Values of Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	$ 17,234	$ 17,233
Available-for-sale securities, Gross Unrealized Gains	10	12
Available-for-sale securities, Gross Unrealized Losses	169	204
Available-for-sale securities, Fair Value	17,075	17,041
Held-to-maturity securities, Amortized Cost Basis	100	104
Held-to-maturity securities, Gross Unrealized Gains	32	31
Held-to-maturity securities, Gross Unrealized Losses	0	0
Held-to-maturity securities, Fair Value	132	135
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	8,981	8,980
Available-for-sale securities, Gross Unrealized Gains	5	7
Available-for-sale securities, Gross Unrealized Losses	48	53
Available-for-sale securities, Fair Value	8,938	8,934
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	3,007	2,696
Available-for-sale securities, Gross Unrealized Gains	1	0
Available-for-sale securities, Gross Unrealized Losses	33	50
Available-for-sale securities, Fair Value	2,975	2,646
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	5,246	5,557
Available-for-sale securities, Gross Unrealized Gains	4	5
Available-for-sale securities, Gross Unrealized Losses	88	101
Available-for-sale securities, Fair Value	5,162	5,461
Held-to-maturity securities, Amortized Cost Basis	100	104
Held-to-maturity securities, Gross Unrealized Gains	32	31
Held-to-maturity securities, Gross Unrealized Losses	0	0
Held-to-maturity securities, Fair Value	$ 132	$ 135

INVESTMENTS IN SECURITIES - S33

INVESTMENTS IN SECURITIES - Scheduled Maturities of Debt Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Due within one year, Available-For-Sale Securities Fair Value	$ 499
Due after one year through five years, Available-For-Sale Securities Fair Value	9,563
Due after five years through ten years, Available-For-Sale Securities Fair Value	1,274
Due after ten years, Available-For-Sale Securities Fair Value	577
Mortgage-backed securities, Available-For-Sale Securities Fair Value	5,162
Available-For-Sale Securities Fair Value Total	17,075
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	100
Held-To-Maturity Securities Amortized Cost Basis Total	100	$ 104
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	132
Held-To-Maturity Securities Fair Value Total	$ 132	$ 135

INVESTMENTS IN SECURITIES - S34

INVESTMENTS IN SECURITIES - Schedule of Aggregate Fair Value and Unrealized Losses of Securities (Detail) - Temporarily Impaired Securities [Member] - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 12,838	$ 12,987
Less than 12 Months, Unrealized Losses	109	140
12 Months or Longer, Fair Value	2,108	2,091
12 Months or Longer, Unrealized Losses	60	64
Fair Value, Total	14,946	15,078
Unrealized Losses, Total	169	204
Debt Securities Issued By U.S. Government Corporations And Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	7,934	7,430
Less than 12 Months, Unrealized Losses	48	53
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value, Total	7,934	7,430
Unrealized Losses, Total	48	53
Debt Securities Issued by States of the United States and Political Subdivisions of the States [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	2,014	2,215
Less than 12 Months, Unrealized Losses	23	35
12 Months or Longer, Fair Value	430	431
12 Months or Longer, Unrealized Losses	10	15
Fair Value, Total	2,444	2,646
Unrealized Losses, Total	33	50
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	2,890	3,342
Less than 12 Months, Unrealized Losses	38	52
12 Months or Longer, Fair Value	1,678	1,660
12 Months or Longer, Unrealized Losses	50	49
Fair Value, Total	4,568	5,002
Unrealized Losses, Total	$ 88	$ 101

INVESTMENTS IN SECURITIES - Add

INVESTMENTS IN SECURITIES - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
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	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 208,347	$ 211,164
Net deferred loan origination fees, costs, premiums and discounts	396	371
Allowance for loan losses	(1,094)	(1,049)	$ (922)	$ (886)
Net loans	207,649	210,486
Commercial and Industrial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	2,867	2,885
Allowance for loan losses	(9)	(10)	(12)	(13)
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	133,379	133,997
Allowance for loan losses	(500)	(449)	(454)	(373)
Real Estate Loans [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	23,424	23,368
Allowance for loan losses	(138)	(134)	(139)	(146)
Real Estate Loans [Member] | Multi-Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	19,448	19,503
Allowance for loan losses	(72)	(74)	(59)	(62)
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	2,105	2,294
Allowance for loan losses	(11)	(12)	(12)	(14)
Real Estate Loans [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	25,485	27,185
Allowance for loan losses	(331)	(340)	(208)	(216)
Consumer Loans [Member] | Consumer Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	12	22
Allowance for loan losses	(1)	(1)	(1)	(1)
Consumer Loans [Member] | Other Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	1,627	1,910
Allowance for loan losses	$ (13)	$ (15)	$ (25)	$ (29)

LOANS - Schedule of Allowance f

LOANS - Schedule of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 1,049	$ 886
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	45	36
Ending balance	1,094	922
Individually evaluated for impairment	21		$ 21
Collectively evaluated for impairment	1,073		1,028
Total allowance for loan losses ending balance	1,094		1,049
Individually evaluated for impairment	4,046		4,062
Collectively evaluated for impairment	204,301		207,102
Total loans ending balance	208,347		211,164
Commercial and Industrial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	10	13
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	(1)	(1)
Ending balance	9	12
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	9		10
Total allowance for loan losses ending balance	9		10
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	2,867		2,885
Total loans ending balance	2,867		2,885
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	14	32
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	5	(20)
Ending balance	19	12
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	19		14
Total allowance for loan losses ending balance	19		14
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	0		0
Total loans ending balance	0		0
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	449	373
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	51	81
Ending balance	500	454
Individually evaluated for impairment	21		21
Collectively evaluated for impairment	479		428
Total allowance for loan losses ending balance	500		449
Individually evaluated for impairment	3,390		3,406
Collectively evaluated for impairment	129,989		130,591
Total loans ending balance	133,379		133,997
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	134	146
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	4	(7)
Ending balance	138	139
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	138		134
Total allowance for loan losses ending balance	138		134
Individually evaluated for impairment	650		650
Collectively evaluated for impairment	22,774		22,718
Total loans ending balance	23,424		23,368
Real Estate Loans [Member] | Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	74	62
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	(2)	(3)
Ending balance	72	59
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	72		74
Total allowance for loan losses ending balance	72		74
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	19,448		19,503
Total loans ending balance	19,448		19,503
Real Estate Loans [Member] | Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	12	14
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	(1)	(2)
Ending balance	11	12
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	11		12
Total allowance for loan losses ending balance	11		12
Individually evaluated for impairment	6		6
Collectively evaluated for impairment	2,099		2,288
Total loans ending balance	2,105		2,294
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	340	216
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	(9)	(8)
Ending balance	331	208
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	331		340
Total allowance for loan losses ending balance	331		340
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	25,485		27,185
Total loans ending balance	25,485		27,185
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
Provision (benefit)	0	0
Ending balance	1	1
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	1		1
Total allowance for loan losses ending balance	1		1
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	12		22
Total loans ending balance	12		22
Consumer Loans [Member] | Other Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	15	29
Charge-offs	0	0
Recoveries	0	0
Provision (benefit)	(2)	(4)
Ending balance	13	$ 25
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	13		15
Total allowance for loan losses ending balance	13		15
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	1,627		1,910
Total loans ending balance	$ 1,627		$ 1,910

LOANS - Schedule of Nonaccrual

LOANS - Schedule of Nonaccrual Loans and Past-Due Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 3,380	$ 118
Total Current	204,967	211,046
Total	208,347	211,164
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,730	118
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	650	0
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	2,867	2,885
Total	2,867	2,885
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	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, 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, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate Loans [Member] | One-to four-family residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,730	118
Total Current	130,649	133,879
Total	133,379	133,997
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Real Estate Loans [Member] | 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	2,730	118
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | 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	0	0
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	650	0
Total Current	22,774	23,368
Total	23,424	23,368
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Real Estate Loans [Member] | Commercial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate Loans [Member] | Commercial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	650	0
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | Multi-family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	19,448	19,503
Total	19,448	19,503
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Real Estate Loans [Member] | Multi-family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | Home equity loans and lines of credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	2,105	2,294
Total	2,105	2,294
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Real Estate Loans [Member] | 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	0	0
Real Estate Loans [Member] | 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	0	0
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	25,485	27,185
Total	25,485	27,185
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Real Estate Loans [Member] | Construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate Loans [Member] | Construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate Loans [Member] | 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
Consumer Loans [Member] | Consumer line of credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	12	22
Total	12	22
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Consumer Loans [Member] | 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 Loans [Member] | 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 Loans [Member] | 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
Consumer Loans [Member] | Other consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	1,627	1,910
Total	1,627	1,910
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Consumer Loans [Member] | Other consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Loans [Member] | Other consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Loans [Member] | Other consumer [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

LOANS - Schedule of Impaired Lo

LOANS - Schedule of Impaired Loan (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	$ 3,479		$ 3,495
With no related allowance recorded, Unpaid Principal Balance	3,561		3,577
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	3,486	$ 4,423
With no related allowance recorded, Interest Income Recognized	22	52
With an allowance recorded, Recorded Investment	567		567
With an allowance recorded, Unpaid Principal Balance	567		567
With an allowance recorded, Related Allowance	21		21
With an allowance recorded, Average Recorded Investment	567	567
With an allowance recorded, Interest Income Recognized	6	5
Total, Recorded Investment	4,046		4,062
Total, Unpaid Principal Balance	4,128		4,144
Total, Related Allowance	21		21
Total, Average Recorded Investment	4,053	4,990
Total, Interest Income Recognized	28	57
Real estate loans [Member] | One-to four-family residential [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	2,823		2,839
With no related allowance recorded, Unpaid Principal Balance	2,823		2,839
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	2,830	3,688
With no related allowance recorded, Interest Income Recognized	21	44
With an allowance recorded, Recorded Investment	567		567
With an allowance recorded, Unpaid Principal Balance	567		567
With an allowance recorded, Related Allowance	21		21
With an allowance recorded, Average Recorded Investment	567	567
With an allowance recorded, Interest Income Recognized	6	5
Total, Recorded Investment	3,390		3,406
Total, Unpaid Principal Balance	3,390		3,406
Total, Related Allowance	21		21
Total, Average Recorded Investment	3,397	4,255
Total, Interest Income Recognized	27	49
Real estate loans [Member] | Commercial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	650		650
With no related allowance recorded, Unpaid Principal Balance	650		650
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	650	676
With no related allowance recorded, Interest Income Recognized	0	7
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	650		650
Total, Unpaid Principal Balance	650		650
Total, Related Allowance	0		0
Total, Average Recorded Investment	650	676
Total, Interest Income Recognized	0	7
Real estate loans [Member] | Home equity loans and lines of credit [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	6		6
With no related allowance recorded, Unpaid Principal Balance	88		88
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	6	59
With no related allowance recorded, Interest Income Recognized	1	1
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	6		6
Total, Unpaid Principal Balance	88		88
Total, Related Allowance	0		$ 0
Total, Average Recorded Investment	6	59
Total, Interest Income Recognized	$ 1	$ 1

LOANS - Schedule of Loans by Ri

LOANS - Schedule of Loans by Risk Rating (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	$ 208,347	$ 211,164
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	66,523	72,291
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	4,276	2,666
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	3,004	573
Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	134,544	135,634
Commercial and Industrial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,867	2,885
Commercial and Industrial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,527	2,885
Commercial and Industrial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	340	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
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	133,379	133,997
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	225	2,016
Real Estate Loans [Member] | One-to Four-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,348	567
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	130,806	131,414
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	23,424	23,368
Real Estate Loans [Member] | Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	22,774	22,718
Real Estate Loans [Member] | Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	650
Real Estate Loans [Member] | Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	650	0
Real Estate Loans [Member] | Commercial [Member] | Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	0	0
Real Estate Loans [Member] | Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	19,448	19,503
Real Estate Loans [Member] | Multi-Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	19,448	19,503
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	0
Real Estate Loans [Member] | Multi-Family [Member] | Loans Not Formally Rated [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]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,105	2,294
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	0	0
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	6	6
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	2,099	2,288
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	25,485	27,185
Real Estate Loans [Member] | Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	21,774	27,185
Real Estate Loans [Member] | Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	3,711	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] | Consumer Line of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	12	22
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	12	22
Consumer Loans [Member] | Other Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	1,627	1,910
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	$ 1,627	$ 1,910

LOANS - Additional Information

LOANS - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable, Net Amount, Total	$ 207,649	$ 210,486
Mortgage And Other Loans [Member]
Loans and Leases Receivable, Net Amount, Total	$ 23,500	$ 24,300

DEPOSITS - Summary of Scheduled

DEPOSITS - Summary of Scheduled Maturities of Time Deposits (Detail) $ in Thousands	Mar. 31, 2017USD ($)
2,018	$ 52,023
2,019	22,665
2,020	3,222
2,021	12,567
2,022	2,397
Total	$ 92,874

DEPOSITS - Additional Informati

DEPOSITS - Additional Information (Detail) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Interest-bearing Domestic Deposit, Brokered	$ 5,000,000	$ 5,000,000
Cash, FDIC Insured Amount	23,400,000	22,300,000
Time Deposits, at or Above FDIC Insurance Limit	250,000	250,000
Certificates of Deposit [Member]
Interest-bearing Domestic Deposit, Brokered	$ 7,300,000	$ 7,300,000

FEDERAL HOME LOAN BANK ADVANC44

FEDERAL HOME LOAN BANK ADVANCES - Summary of Maturities of Advances from the Federal Home Loan Bank ("FHLB") of Boston (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Maturities Federal Home Loan Bank Advances [Line Items]
2,018	$ 9,044
2,019	5,529
2,020	3,092
2,021	1,634
2,022	713
Thereafter	19,500
Maturities of advances from FHLB, total	$ 39,512	$ 37,329

FEDERAL HOME LOAN BANK ADVANC45

FEDERAL HOME LOAN BANK ADVANCES - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Weighted-average interest rate	1.01%
Federal Home Loan Bank Collateral Debt Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
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	0.39%
Maximum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rates	1.51%

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	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 17,075	$ 17,041
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	17,075	17,041
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	8,938	8,934
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	8,938	8,934
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	2,975	2,646
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	2,975	2,646
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	5,162	5,461
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	5,162	5,461
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 - Sum47

FAIR VALUE MEASUREMENTS - Summary of Assets Measured at Fair Value on a Nonrecurring Basis (Detail) - Fair Value Measurements Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 552	$ 552
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	552	552
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	552	552
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	$ 552	$ 552

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	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Financial assets:
Cash and cash equivalents	$ 19,173	$ 11,188	$ 10,414	$ 10,670
Interest-bearing time deposits with other banks	1,098	1,092
Available-for-sale securities	17,075	17,041
Held-to-maturity securities	100	104
Federal Home Loan Bank stock	2,322	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	207,649	210,486
Accrued interest receivable	634	599
Financial liabilities:
Deposits	184,685	182,086
FHLB advances	39,512	37,329
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Financial assets:
Cash and cash equivalents	19,173	11,188
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	2,322	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	0	0
Accrued interest receivable	634	599
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	1,103	1,098
Available-for-sale securities	17,075	17,041
Held-to-maturity securities	132	135
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	185,263	182,676
FHLB advances	39,660	37,089
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	209,349	211,328
Accrued interest receivable	0	0
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	19,173	11,188
Interest-bearing time deposits with other banks	1,098	1,092
Available-for-sale securities	17,075	17,041
Held-to-maturity securities	100	104
Federal Home Loan Bank stock	2,322	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	207,649	210,486
Accrued interest receivable	634	599
Financial liabilities:
Deposits	184,685	182,086
FHLB advances	39,512	37,329
Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	19,173	11,188
Interest-bearing time deposits with other banks	1,103	1,098
Available-for-sale securities	17,075	17,041
Held-to-maturity securities	132	135
Federal Home Loan Bank stock	2,322	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	209,349	211,328
Accrued interest receivable	634	599
Financial liabilities:
Deposits	185,263	182,676
FHLB advances	$ 39,660	$ 37,089

REGULATORY CAPITAL - Schedule o

REGULATORY CAPITAL - Schedule of Bank's Actual Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Key Regulatory Ratios
Total Capital (to Risk Weighted Assets), Actual Amount	$ 24,853	$ 24,440
Tier 1 Capital (to Risk Weighted Assets), Actual Amount	23,750	23,380
Common Equity Tier 1 Capital (to Risk Weighted Assets), Actual, Amount	23,750	23,380
Tier 1 Capital (to Average Assets), Actual Amount	$ 23,750	$ 23,380
Total Capital (to Risk Weighted Assets), Actual Ratio	15.09%	14.56%
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	14.42%	13.93%
Common Equity Tier 1 Capital (to Risk Weighted Assets), Actual, Ratio	14.42%	13.93%
Tier 1 Capital (to Average Assets), Actual Ratio	9.30%	9.38%
Total Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Amount	$ 13,176	$ 13,424
Tier 1 Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Amount	9,882	10,068
Common Equity Tier 1 Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Amount	7,412	7,551
Tier 1 Capital (to Average Assets), For Capital Adequacy Purposes, Amount	$ 10,217	$ 9,970
Total Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Tier 1 Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Common Equity Tier 1 Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier 1 Capital (to Average Assets), For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Total Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 16,470	$ 16,781
Tier 1 Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	13,176	13,424
Common Equity Tier 1 Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	10,706	10,907
Tier 1 Capital (to Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 12,772	$ 12,463
Total Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Common Equity Tier 1 Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier 1 Capital (to Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

REGULATORY CAPITAL - Additional

REGULATORY CAPITAL - Additional Information (Detail)	Mar. 31, 2017	Dec. 31, 2016	Jan. 02, 2015
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to risk-weighted assets	14.42%	13.93%
Total Capital (to Risk Weighted Assets), Actual Ratio	15.09%	14.56%
Tier 1 Leverage Ratio	9.30%	9.38%
Common equity tier 1 capital required to be well capitalized to risk-weighted assets	6.50%	6.50%
Tier 1 capital required to be well capitalized to risk-weighted assets	8.00%	8.00%
Capital required to be well capitalized to risk weighted assets	10.00%	10.00%
Tier 1 leverage capital required to be well capitalized to average assets	5.00%	5.00%
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), Actual Ratio			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%
Minimum [Member] | New Capital Regulations [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Leverage Ratio			4.00%
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%

COMMON STOCK REPURCHASES - Addi

COMMON STOCK REPURCHASES - Additional Information (Detail) - $ / shares	1 Months Ended	3 Months Ended
	Nov. 24, 2015	Mar. 31, 2016
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	89,903
Stock Repurchse Program CommonStock Repurchased Percentage	4.00%
Common Stock [Member]
Stock Repurchased and Retired During Period, Shares		35,000
Stock Repurchased Average cost		$ 13.12

EQUITY INCENTIVE PLAN - Weighte

EQUITY INCENTIVE PLAN - Weighted Average Assumptions (Detail)	3 Months Ended
	Mar. 31, 2017$ / shares
Expected life	6 years 4 months 24 days
Expected dividend yield	0.00%
Expected volatility	20.24%
Expected forfeiture rate	0.00%
Risk free rate	1.67%
Fair value per option	$ 3.17

EQUITY INCENTIVE PLAN - Schedul

EQUITY INCENTIVE PLAN - Schedule of Equity Incentive Plan (Detail) - Equity Incentive Plan 2015 [Member]	3 Months Ended
	Mar. 31, 2017USD ($)$ / sharesshares
Outstanding at beginning of period	169,500
Granted	0
Outstanding at end of period	169,500
Exercisable at end of period	0
Weighted average fair value of options granted | $ / shares	$ 3.17
Weighted average contractual life remaining	9 years 2 months 12 days
Weighted average exercise price | $ / shares	$ 12.85
Aggregate intrinsic value | $	$ 364,000

EQUITY INCENTIVE PLAN - Non-ves

EQUITY INCENTIVE PLAN - Non-vested Restricted Stock (Detail) - Restricted Stock [Member] - $ / shares	1 Months Ended	3 Months Ended
	Nov. 24, 2015	Mar. 31, 2017
Outstanding at beginning of period		70,950
Granted	70,950	0
Outstanding at beginning of period		70,950
Weighted average grant date fair value		$ 12.85

EQUITY INCENTIVE PLAN - Additio

EQUITY INCENTIVE PLAN - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended
	Nov. 24, 2015	Mar. 31, 2017	Mar. 31, 2016
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		4 years 2 months 12 days
Share-based Compensation		$ 95,000	$ 19,000
Equity Incentive Plan 2015 [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	314,661
Restricted Stock [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	70,950	0
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		18,953
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 760,000
Share-based Compensation		46,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense		$ 18,000
Restricted Stock [Member] | Five Year Period [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	47,600
Restricted Stock [Member] | Four Year Period [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	23,350
Restricted Stock [Member] | Equity Incentive Plan 2015 [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	70,950
Employee Stock Option [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	169,500
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		55,258
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 448,000
Share-based Compensation		26,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense		$ 3,000
Employee Stock Option [Member] | Five Year Period [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	122,500
Employee Stock Option [Member] | Four Year Period [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	47,000
Employee Stock Option [Member] | Equity Incentive Plan 2015 [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	169,500