Pilgrim Bancshares (PLRM) 10-Q 11 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 09, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
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		2,254,950

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 1,995	$ 2,036
Interest-bearing demand deposits with other banks	12,935	9,152
Total cash and cash equivalents	14,930	11,188
Interest-bearing time deposits with other banks	1,098	1,092
Investments in available-for-sale securities (at fair value)	17,003	17,041
Investments in held-to-maturity securities (fair value of $129 at June 30, 2017, and $135 at December 31, 2016)	96	104
Federal Home Loan Bank stock, at cost	2,361	2,299
Investment in The Co-operative Central Reserve Fund, at cost	384	384
Loans, net of allowance for loan losses of $1,139 at June 30, 2017, and $1,049 at December 31, 2016	211,849	210,486
Premises and equipment, net	4,801	4,919
Investment in real estate, net	1,559	1,534
Accrued interest receivable	583	599
Deferred income tax asset, net	714	740
Bank-owned life insurance	2,331	2,314
Other assets	400	233
Total assets	258,109	252,933
Deposits:
Noninterest-bearing	19,165	18,791
Interest-bearing	168,802	163,295
Total deposits	187,967	182,086
Federal Home Loan Bank advances	36,009	37,329
Other liabilities	689	871
Total liabilities	224,665	220,286
Stockholders' equity:
Common stock $.01 par value per share: 10,000,000 shares authorized, 2,254,950 shares issued at June 30, 2017 and 2,253,439 at December 31, 2016	23	23
Additional paid-in capital	21,001	20,910
Retained earnings	14,855	14,260
Unearned compensation - ESOP (158,830 shares unallocated at June 30, 2017 and 161,826 shares unallocated at December 31, 2016)	(1,588)	(1,619)
Unearned compensation - Restricted stock	(772)	(806)
Accumulated other comprehensive loss	(75)	(121)
Total stockholders' equity	33,444	32,647
Total liabilities and stockholders' equity	$ 258,109	$ 252,933

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Securities held-to-maturity, fair value	$ 129	$ 135
Allowance for loan losses	$ 1,139	$ 1,049
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,254,950	2,253,439
Employee stock ownership plan, shares unallocated	158,830	161,826

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest and dividend income:
Interest and fees on loans		$ 2,231	$ 1,838	$ 4,424	$ 3,610
Interest on debt securities:
Taxable		49	54	101	106
Tax-exempt		11	13	20	27
Other interest and dividends		69	23	119	51
Total interest and dividend income		2,360	1,928	4,664	3,794
Interest expense:
Interest on deposits		388	347	735	675
Interest on Federal Home Loan Bank advances		95	27	196	51
Total interest expense		483	374	931	726
Net interest and dividend income		1,877	1,554	3,733	3,068
Provision for loan losses		45	36	90	72
Net interest and dividend income after provision for loan losses		1,832	1,518	3,643	2,996
Noninterest income:
Service charges on deposit accounts		28	28	54	54
Gain on sales/calls of securities, net		0	3	1	3
Gain on sales of loans, net		6	17	6	34
Rental income		55	67	113	134
Other income		28	31	58	68
Total noninterest income		117	146	232	293
Noninterest expense:
Salaries and employee benefits		899	815	1,817	1,620
Occupancy expense		118	125	239	260
Equipment expense		40	47	84	94
Data processing expense		100	101	204	197
Professional fees		93	101	184	199
Federal Deposit Insurance Corporation assessment		44	38	87	74
Communications expense		27	22	53	64
Advertising and public relations expense		33	29	63	63
Insurance expense		16	15	32	30
Supplies expense		17	13	30	29
Other expense		59	59	124	113
Total noninterest expense		1,446	1,365	2,917	2,743
Income before income taxes		503	299	958	546
Income tax expense		179	114	363	205
Net income		$ 324	$ 185	$ 595	$ 341
Weighted-average number of common shares outstanding:
Basic		2,035,716	2,023,918	2,033,581	2,027,338
Diluted		2,065,854	2,023,990	2,052,687	2,027,400
Earnings per share:
Basic		$ 0.16	$ 0.09	$ 0.29	$ 0.17
Diluted	[1],[2]	$ 0.16	$ 0.09	$ 0.29	$ 0.17
[1]	Options to purchase 169,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2016 because the effect was anti-dilutive.
[2]	Options to purchase 7,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2017 because the effect was anti-dilutive.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income	$ 324	$ 185	$ 595	$ 341
Other comprehensive income, net of tax:
Net unrealized holding gain on available-for-sale securities	40	89	74	256
Reclassification adjustment for net realized gains in net income	0	(3)	(1)	(3)
Other comprehensive income before income tax effect	40	86	73	253
Income tax expense	(15)	(32)	(27)	(93)
Other comprehensive income, net of tax	25	54	46	160
Comprehensive income	$ 349	$ 239	$ 641	$ 501

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) Income [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	341	$ 0	0	341	0	0	0
Shares purchased and retired	(459)	$ 0	(459)	0	0	0	0
Shares purchased and retired (in shares)		(35,000)
Restricted stock granted in connection with the equity incentive plan	0	$ 1	911	0	0	(912)	0
Restricted stock granted in connection with the equity incentive plan (shares)		70,950
Common stock held by ESOP committed to be allocated (1,498 shares)	39	$ 0	8	0	31	0	0
Share based compensation-restricted stock	15	0	0	0	0	15	0
Share based compensation-options	10	0	10	0	0	0	0
Other comprehensive income, net of tax effect	160	0	0	0	0	0	160
Balance at Jun. 30, 2016	32,075	$ 23	20,936	13,594	(1,648)	(897)	67
Balance (in Shares) at Jun. 30, 2016		2,260,439
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	595	$ 0	0	595	0	0	0
Restricted shares surrendered and retired	(58)	$ 0	(58)	0	0	0	0
Restricted shares surrendered and retired (shares)		(3,339)
Restricted stock granted in connection with the equity incentive plan	0	$ 0	58	0	0	(58)	0
Restricted stock granted in connection with the equity incentive plan (shares)		3,350
Stock options exercised	19	$ 0	19	0	0	0	0
Stock options exercised (shares)		1,500
Common stock held by ESOP committed to be allocated (1,498 shares)	48	$ 0	17	0	31	0	0
Share based compensation-restricted stock	92	0	0	0	0	92	0
Share based compensation-options	55	0	55	0	0	0	0
Other comprehensive income, net of tax effect	46	0	0	0	0	0	46
Balance at Jun. 30, 2017	$ 33,444	$ 23	$ 21,001	$ 14,855	$ (1,588)	$ (772)	$ (75)
Balance (in Shares) at Jun. 30, 2017		2,254,950

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Number of shares committed to be allocated	1,498	1,498

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 595	$ 341
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	90	72
Capitalized interest on interest-bearing time deposits	(6)	0
Amortization of securities, net	43	40
Gain on sales/calls of securities, net	(1)	(3)
Loans originated for sale	(408)	(1,788)
Proceeds from sales of loans originated for sale	414	1,822
Gain on sales of loans, net	(6)	(34)
Change in net deferred origination fees, costs, premiums and discounts	20	(145)
Depreciation and amortization	161	167
Stock based compensation expense	195	64
Decrease (increase) in accrued interest receivable	16	(35)
Increase in bank-owned life insurance	(17)	(21)
Increase in other assets	(167)	(68)
Decrease in other liabilities	(182)	(142)
Net cash provided by operating activities	747	270
Cash flows from investing activities:
Purchase of Federal Home Loan Bank stock	(62)	(260)
Redemption of Federal Home Loan Bank stock	0	79
Purchases of available-for-sale securities	(603)	(3,440)
Proceeds from maturities/calls/pay downs of available-for-sale securities	669	3,167
Proceeds from maturities of held-to-maturity securities	10	15
Loan principal originations and collections, net	2,527	(6,389)
Loans purchased	(4,000)	(19,775)
Loan participations sold	0	5,035
Capital expenditures	(68)	(3)
Net cash used in investing activities	(1,527)	(21,571)
Cash flows from financing activities:
Net (decrease) increase in demand deposits, NOW and savings accounts	(2,737)	3,199
Net increase in time deposits	8,618	10,027
Payments on Federal Home Loan Bank long-term advances	(8,820)	0
Proceeds from Federal Home Loan Bank long-term advances	7,500	6,000
Purchase and retirement of common stock	0	(459)
Restricted shares surrendered and retired	(58)	0
Stock options exercised	19	0
Net cash provided by financing activities	4,522	18,767
Net increase (decrease) in cash and cash equivalents	3,742	(2,534)
Cash and cash equivalents at beginning of period	11,188	10,670
Cash and cash equivalents at end of period	14,930	8,136
Supplemental disclosures:
Interest paid	936	725
Income taxes paid	$ 693	$ 416

NATURE OF OPERATIONS

NATURE OF OPERATIONS	6 Months Ended
	Jun. 30, 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 co-operative bank which was incorporated in 1916 and is headquartered in Cohasset, Massachusetts. The Bank operates its business from three banking offices located in Massachusetts. The Bank is engaged principally in the business of attracting deposits from the general public and investing those deposits in residential and commercial real estate loans, and in commercial, consumer and small business loans. 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	6 Months Ended
	Jun. 30, 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 June 30, 2017 and for the interim periods ended June 30, 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 and six months ended June 30, 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	6 Months Ended
	Jun. 30, 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 June 30, 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, 2018, 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 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, 2018. The Company has adopted ASU 2016-09. The Company adopted ASU 2016-09 for the reporting period ended June 30, 2017. As a result of the adoption of ASU 2016-09, the Company recognized an excess tax benefit of $26,000 in the income tax expense section of the consolidated statements of income, for the three and six months ended June 30, 2017. Following the adoption of ASU 2016-09, the Company continues to estimate zero forfeitures. 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 statements.

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)	6 Months Ended
	Jun. 30, 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. Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net income (In thousands) $ 324 $ 185 $ 595 $ 341 Basic and diluted common shares: Weighted average common shares outstanding 2,253,805 2,189,489 2,253,623 2,193,659 Weighted average unearned shares-restricted stock (58,488) - (59,702) - Weighted average unallocated ESOP shares (159,601) (165,571) (160,340) (166,321) Basic weighted average shares outstanding 2,035,716 2,023,918 2,033,581 2,027,338 Dilutive potential common shares-options 16,008 - 6,967 - Dilutive effect of unearned restricted stock 14,130 72 12,139 62 Diluted weighted average shares outstanding 2,065,854 2,023,990 2,052,687 2,027,400 Basic earnings per share $ 0.16 $ 0.09 $ 0.29 $ 0.17 Diluted earnings per share (1) (2) $ 0.16 $ 0.09 $ 0.29 $ 0.17 (1) Options to purchase 169,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2016 because the effect was anti-dilutive. (2) Options to purchase 7,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2017 because the effect was anti-dilutive.

INVESTMENTS IN SECURITIES

INVESTMENTS IN SECURITIES	6 Months Ended
	Jun. 30, 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: June 30, 2017: Debt securities issued by U.S. government corporations and agencies $ 8,981 $ 4 $ 40 $ 8,945 Debt securities issued by states of the United States and political subdivisions of the states 3,278 11 15 3,274 Mortgage-backed securities 4,863 4 83 4,784 $ 17,122 $ 19 $ 138 $ 17,003 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: June 30, 2017: Mortgage-backed securities $ 96 $ 33 $ - $ 129 $ 96 $ 33 $ - $ 129 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 $ 1,699 $ - $ - Due after one year through five years 8,778 - - Due after five years through ten years 1,157 - - Due after ten years 585 - - Mortgage-backed securities 4,784 96 129 $ 17,003 $ 96 $ 129 No available-for-sale securities were sold during the three and six months ended June 30, 2017 and 2016. As of June 30, 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) June 30, 2017: Debt securities issued by U.S. government corporations and agencies $ 8,442 $ 40 $ - $ - $ 8,442 $ 40 Debt securities issued by states of the United States and political subdivisions of the states 1,059 7 629 8 1,688 15 Mortgage-backed securities 2,918 32 1,515 51 4,433 83 Total temporarily impaired securities $ 12,419 $ 79 $ 2,144 $ 59 $ 14,563 $ 138 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 June 30, 2017, investment securities with unrealized losses consist of 19 debt securities issued by U.S. government corporations and government-sponsored agencies, seven debt securities issued by states of the United States and political subdivisions of the states and mortgage-backed securities consisting of 25 government agencies and government sponsored enterprises and one 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 and six months ended June 30, 2017 and 2016.

LOANS

LOANS	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
LOANS	NOTE 6 - LOANS June 30, December 31, 2017 2016 (In Thousands) Real estate loans: One-to four- family residential $ 134,800 $ 133,997 Commercial 22,224 23,368 Multi-family 22,373 19,503 Home equity loans and lines of credit 2,194 2,294 Construction 26,847 27,185 Commercial and industrial loans 2,826 2,885 Consumer loans: Consumer lines of credit 10 22 Other consumer loans 1,363 1,910 212,637 211,164 Net deferred loan origination fees, costs, premiums and discounts 351 371 Allowance for loan losses (1,139) (1,049) Net loans $ 211,849 $ 210,486 Real Estate: Consumer One- to Home Commercial Consumer four-family Commercial Multi-family and Lines Construction Industrial Line of Other Unallocated Total (In Thousands) Six months ended June 30, 2017 : Allowance for loan losses: Beginning balance $ 449 $ 134 $ 74 $ 12 $ 340 $ 10 $ 1 $ 15 $ 14 $ 1,049 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 75 (3) 11 (1) 9 (1) - (5) 5 90 Ending balance $ 524 $ 131 $ 85 $ 11 $ 349 $ 9 $ 1 $ 10 $ 19 $ 1,139 Six months ended June 30, 2016 : Allowance for loan losses: Beginning balance $ 373 $ 146 $ 62 $ 14 $ 216 $ 13 $ 1 $ 29 $ 32 $ 886 Charge-offs - - - - - - - (7) - (7) Recoveries - - - - - - - - - - Provision (benefit) 77 (18) (2) 14 (2) - 1 2 72 Ending balance $ 450 $ 128 $ 62 $ 12 $ 230 $ 11 $ 1 $ 23 $ 34 $ 951 At June 30, 2017: Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 26 $ - $ - $ - $ - $ - $ - $ - $ - $ 26 Ending balance: Collectively evaluated for impairment 498 131 85 11 349 9 1 10 19 1,113 Total allowance for loan losses ending balance $ 524 $ 131 $ 85 $ 11 $ 349 $ 9 $ 1 $ 10 $ 19 $ 1,139 Loans: Ending balance: Individually evaluated for impairment $ 4,043 $ 635 $ - $ 6 $ - $ - $ - $ - $ - $ 4,684 Ending balance: Collectively evaluated for impairment 130,757 21,589 22,373 2,188 26,847 2,826 10 1,363 - 207,953 Total loans ending balance $ 134,800 $ 22,224 $ 22,373 $ 2,194 $ 26,847 $ 2,826 $ 10 $ 1,363 $ - $ 212,637 Real Estate: Consumer One- to Home Commercial Consumer four-family Commercial Multi-family and Lines Construction Industrial Line of Other 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 The following tables set forth information regarding nonaccrual loans and past-due loans as of June 30, 2017 and December 31, 2016: 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) June 30, 2017: Real estate loans: One- to four-family residential $ - $ - $ 686 $ 686 $ 134,114 $ 134,800 $ - $ 686 Commercial - - - 22,224 22,224 - - Multi-family - - - - 22,373 22,373 - - Home equity loans and lines of credit - - - - 2,194 2,194 - - Construction - - - - 26,847 26,847 - - Commercial and industrial loans - - - - 2,826 2,826 - - Consumer loans: Consumer lines of credit - - - - 10 10 - - Other consumer - - - - 1,363 1,363 - - Total $ - $ - $ 686 $ 686 $ 211,951 $ 212,637 $ - $ 686 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 $ - $ - Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) June 30, 2017: With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,791 $ 2,791 $ - Commercial 635 635 - Home equity loans and lines of credit 6 88 - Total impaired with no related allowance $ 3,432 $ 3,514 $ - With an allowance recorded: Real estate loans: One- to four-family residential $ 1,252 $ 1,252 $ 26 Commercial - - - Home equity loans and lines of credit - - - Total impaired with an allowance recorded $ 1,252 $ 1,252 $ 26 Total Real estate loans: One- to four-family residential $ 4,043 $ 4,043 $ 26 Commercial 635 635 - Home equity loans and lines of credit 6 88 - Total impaired loans $ 4,684 $ 4,766 $ 26 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 Six Months Ended Six Months Ended June 30, 2017 June 30, 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 $ 2,821 $ 61 $ 3,850 $ 85 Commercial 647 21 674 15 Home equity loans and lines of credit 6 2 59 2 Total impaired with no related allowance $ 3,474 $ 84 $ 4,583 $ 102 With an allowance recorded: Real estate loans: One- to four-family residential $ 681 $ 12 $ 567 $ 10 Commercial - - - - Home equity loans and lines of credit - - - - Total impaired with an allowance recorded $ 681 $ 12 $ 567 $ 10 Total Real estate loans: One- to four-family residential $ 3,502 $ 73 $ 4,417 $ 95 Commercial 647 21 674 15 Home equity loans and lines of credit 6 2 59 2 Total impaired loans $ 4,155 $ 96 $ 5,150 $ 112 The following tables present the Company’s loans by risk rating: Real Estate: Consumer One- to Home Commercial Consumer four-family Commercial Multi-family and Lines Construction Industrial Lines of Other Total (In Thousands) June 30, 2017: Grade: Pass $ - $ 19,702 $ 22,373 $ - $ 24,627 $ 2,495 $ - $ - $ 69,197 Special mention 214 1,887 - - 2,220 331 - - 4,652 Substandard 3,009 635 - 6 - - - - 3,650 Loans not formally rated 131,577 - - 2,188 - - 10 1,363 135,138 Total $ 134,800 $ 22,224 $ 22,373 $ 2,194 $ 26,847 $ 2,826 $ 10 $ 1,363 $ 212,637 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 June 30, 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 June 30, 2017 and December 31, 2016, 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 $ 22.8 24.3

DEPOSITS

DEPOSITS	6 Months Ended
	Jun. 30, 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) at June 30, 2017 and December 31, 2016 was $23.4 million and $22.3 million, respectively. The totals exclude $5.0 million of brokered time deposits which were bifurcated into amounts below the FDIC insurance limit, as of June 30, 2017 and December 31, 2016. For time deposits as of June 30, 2017, the scheduled maturities for each of the following five years ended June 30 are: (In Thousands) 2018 $ 50,171 2019 27,931 2020 3,862 2021 13,727 2022 1,923 Total $ 97,614 There were $7.3 million of brokered certificates of deposit at June 30, 2017 and December 31, 2016.

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
FEDERAL HOME LOAN BANK ADVANCES	NOTE 8 - FEDERAL HOME LOAN BANK ADVANCES (In Thousands) 2018 $ 10,264 2019 6,371 2020 3,820 2021 1,753 2022 301 Thereafter 13,500 $ 36,009 Interest rates ranged from 0.39 1.74 1.16 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	6 Months Ended
	Jun. 30, 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 June 30, 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 six months ended June 30, 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. 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) June 30, 2017 : Debt securities issued by U.S. government corporations and agencies $ 8,945 $ - $ 8,945 $ - Debt securities issued by states of the United States and political subdivisions of the states 3,274 - 3,274 - Mortgage-backed securities 4,784 - 4,784 - Totals $ 17,003 $ - $ 17,003 $ - 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 $ - 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) June 30, 2017: Impaired loans $ 1,238 $ - $ - $ 1,238 Totals $ 1,238 $ - $ - $ 1,238 December 31, 2016: Impaired loans $ 552 $ - $ - $ 552 Totals $ 552 $ - $ - $ 552 June 30, 2017 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 14,930 $ 14,930 $ - $ - $ 14,930 Interest-bearing time deposits with other banks 1,098 - 1,101 - 1,101 Available-for-sale securities 17,003 - 17,003 - 17,003 Held-to-maturity securities 96 - 129 - 129 Federal Home Loan Bank stock 2,361 2,361 - - 2,361 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 211,849 - - 213,099 213,099 Accrued interest receivable 583 583 - - 583 Financial liabilities: Deposits 187,967 - 188,562 - 188,562 FHLB advances 36,009 - 35,519 - 35,519 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 June 30, 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. Federal Home Loan Bank stock: The carrying value of the stock is based on redemption provisions of the Federal Home Loan Bank. Investment in the Co-operative Central Reserve Fund: the carrying value is based on redemption provisions of the Reserve Fund. 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.

REGULATORY CAPITAL

REGULATORY CAPITAL	6 Months Ended
	Jun. 30, 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 June 30, 2017, that the Bank meets all capital adequacy requirements to which it is subject. As of June 30, 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 June 30, 2017: Total Capital (to Risk Weighted Assets) $ 25,268 15.12 % $ 13,372 8.0 % $ 16,715 10.0 % Tier 1 Capital (to Risk Weighted Assets) 24,120 14.43 10,029 6.0 13,372 8.0 Common Equity Tier 1 Capital (to Risk Weighted Assets) 24,120 14.43 7,522 4.5 10,865 6.5 Tier 1 Capital (to Average Assets) 24,120 9.29 10,389 4.0 12,986 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	6 Months Ended
	Jun. 30, 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 six month period ending June 30, 2017, the Company did not repurchase any shares of common stock. During the six month period ending June 30, 2016, a total of 35,000 13.12

EQUITY INCENTIVE PLAN

EQUITY INCENTIVE PLAN	6 Months Ended
	Jun. 30, 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 3,350 7,500 3,339 15,603 47,758 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. The weighted average assumptions and fair value used for options granted are as follows: Stock Option Assumptions Grant 6/1/2016 Grant 6/1/2017 Expected life 6.40 years 6.40 years Expected dividend yield 0 % 0 % Expected volatility 20.24 % 23.93 % Expected forfeiture rate 0 % 0 % Risk free rate 1.67 % 2.02 % Fair value per option $ 3.17 $ 5.04 Stock Options Stock Options 2017 2016 Number of Number of Options Options Outstanding at beginning of period 169,500 - Granted 7,500 169,500 Exercised (1,500) - Outstanding at end of period 175,500 169,500 Exercisable at end of period 32,400 - Weighted average fair value of 169,500 options granted 6/1/2016 $ 3.17 Weighted average contractual life remaining 9.2 years Weighted average exercise price $ 12.85 Aggregate intrinsic value $ 949,000 Weighted average fair value of 7,500 options granted 6/1/2017 $ 5.04 Weighted average contractual life remaining 9.9 years Weighted average exercise price $ 17.45 Aggregate intrinsic value $ 8,000 Restricted Stock 2017 Weighted average Number of grant date Shares fair value Unvested outstanding at beginning of period 70,950 $ 12.85 Shares surrendered (3,339) $ 12.85 Shares vested (10,851) 12.85 Granted 3,350 $ 17.45 Unvested outstanding at end of period 60,110 $ 13.11 As of June 30, 2017, unrecognized share-based compensation expense related to non-vested options granted on June 1, 2016 amounted to $ 421,000 714,000 3.9 As of June 30, 2017, unrecognized share-based compensation expense related to non-vested options granted on June 1, 2017 amounted to $ 37,000 57,000 4.9 For the three months ended June 30, 2017, the Company recognized stock option related compensation expense of $ 26,000 3,000 55,000 7,000 For the three months ended June 30, 2017, the Company recognized restricted stock related compensation expense of $ 46,000 19,000 92,000 36,000

EARNINGS PER SHARE (EPS) (Table

EARNINGS PER SHARE (EPS) (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Summary of Earnings Per Share	Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net income (In thousands) $ 324 $ 185 $ 595 $ 341 Basic and diluted common shares: Weighted average common shares outstanding 2,253,805 2,189,489 2,253,623 2,193,659 Weighted average unearned shares-restricted stock (58,488) - (59,702) - Weighted average unallocated ESOP shares (159,601) (165,571) (160,340) (166,321) Basic weighted average shares outstanding 2,035,716 2,023,918 2,033,581 2,027,338 Dilutive potential common shares-options 16,008 - 6,967 - Dilutive effect of unearned restricted stock 14,130 72 12,139 62 Diluted weighted average shares outstanding 2,065,854 2,023,990 2,052,687 2,027,400 Basic earnings per share $ 0.16 $ 0.09 $ 0.29 $ 0.17 Diluted earnings per share (1) (2) $ 0.16 $ 0.09 $ 0.29 $ 0.17 (1) Options to purchase 169,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2016 because the effect was anti-dilutive. (2) Options to purchase 7,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2017 because the effect was anti-dilutive.

INVESTMENTS IN SECURITIES (Tabl

INVESTMENTS IN SECURITIES (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2017 and December 31, 2016: Amortized Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value (In Thousands) Available-for-sale securities: June 30, 2017: Debt securities issued by U.S. government corporations and agencies $ 8,981 $ 4 $ 40 $ 8,945 Debt securities issued by states of the United States and political subdivisions of the states 3,278 11 15 3,274 Mortgage-backed securities 4,863 4 83 4,784 $ 17,122 $ 19 $ 138 $ 17,003 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: June 30, 2017: Mortgage-backed securities $ 96 $ 33 $ - $ 129 $ 96 $ 33 $ - $ 129 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 June 30, 2017: Available-For-Sale Held-To-Maturity Amortized Fair Cost Fair Value Basis Value (In Thousands) Due within one year $ 1,699 $ - $ - Due after one year through five years 8,778 - - Due after five years through ten years 1,157 - - Due after ten years 585 - - Mortgage-backed securities 4,784 96 129 $ 17,003 $ 96 $ 129
Schedule of Aggregate Fair Value and Unrealized Losses of Securities	Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) June 30, 2017: Debt securities issued by U.S. government corporations and agencies $ 8,442 $ 40 $ - $ - $ 8,442 $ 40 Debt securities issued by states of the United States and political subdivisions of the states 1,059 7 629 8 1,688 15 Mortgage-backed securities 2,918 32 1,515 51 4,433 83 Total temporarily impaired securities $ 12,419 $ 79 $ 2,144 $ 59 $ 14,563 $ 138 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)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Loans	Loans consisted of the following: June 30, December 31, 2017 2016 (In Thousands) Real estate loans: One-to four- family residential $ 134,800 $ 133,997 Commercial 22,224 23,368 Multi-family 22,373 19,503 Home equity loans and lines of credit 2,194 2,294 Construction 26,847 27,185 Commercial and industrial loans 2,826 2,885 Consumer loans: Consumer lines of credit 10 22 Other consumer loans 1,363 1,910 212,637 211,164 Net deferred loan origination fees, costs, premiums and discounts 351 371 Allowance for loan losses (1,139) (1,049) Net loans $ 211,849 $ 210,486
Schedule of Allowance for Loan Losses	Real Estate: Consumer One- to Home Commercial Consumer four-family Commercial Multi-family and Lines Construction Industrial Line of Other Unallocated Total (In Thousands) Six months ended June 30, 2017 : Allowance for loan losses: Beginning balance $ 449 $ 134 $ 74 $ 12 $ 340 $ 10 $ 1 $ 15 $ 14 $ 1,049 Charge-offs - - - - - - - - - - Recoveries - - - - - - - - - - Provision (benefit) 75 (3) 11 (1) 9 (1) - (5) 5 90 Ending balance $ 524 $ 131 $ 85 $ 11 $ 349 $ 9 $ 1 $ 10 $ 19 $ 1,139 Six months ended June 30, 2016 : Allowance for loan losses: Beginning balance $ 373 $ 146 $ 62 $ 14 $ 216 $ 13 $ 1 $ 29 $ 32 $ 886 Charge-offs - - - - - - - (7) - (7) Recoveries - - - - - - - - - - Provision (benefit) 77 (18) (2) 14 (2) - 1 2 72 Ending balance $ 450 $ 128 $ 62 $ 12 $ 230 $ 11 $ 1 $ 23 $ 34 $ 951 At June 30, 2017: Allowance for loan losses: Ending balance: Individually evaluated for impairment $ 26 $ - $ - $ - $ - $ - $ - $ - $ - $ 26 Ending balance: Collectively evaluated for impairment 498 131 85 11 349 9 1 10 19 1,113 Total allowance for loan losses ending balance $ 524 $ 131 $ 85 $ 11 $ 349 $ 9 $ 1 $ 10 $ 19 $ 1,139 Loans: Ending balance: Individually evaluated for impairment $ 4,043 $ 635 $ - $ 6 $ - $ - $ - $ - $ - $ 4,684 Ending balance: Collectively evaluated for impairment 130,757 21,589 22,373 2,188 26,847 2,826 10 1,363 - 207,953 Total loans ending balance $ 134,800 $ 22,224 $ 22,373 $ 2,194 $ 26,847 $ 2,826 $ 10 $ 1,363 $ - $ 212,637 Real Estate: Consumer One- to Home Commercial Consumer four-family Commercial Multi-family and Lines Construction Industrial Line of Other 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) June 30, 2017: Real estate loans: One- to four-family residential $ - $ - $ 686 $ 686 $ 134,114 $ 134,800 $ - $ 686 Commercial - - - 22,224 22,224 - - Multi-family - - - - 22,373 22,373 - - Home equity loans and lines of credit - - - - 2,194 2,194 - - Construction - - - - 26,847 26,847 - - Commercial and industrial loans - - - - 2,826 2,826 - - Consumer loans: Consumer lines of credit - - - - 10 10 - - Other consumer - - - - 1,363 1,363 - - Total $ - $ - $ 686 $ 686 $ 211,951 $ 212,637 $ - $ 686 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 June 30, 2017 and December 31, 2016. Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) June 30, 2017: With no related allowance recorded: Real estate loans: One- to four-family residential $ 2,791 $ 2,791 $ - Commercial 635 635 - Home equity loans and lines of credit 6 88 - Total impaired with no related allowance $ 3,432 $ 3,514 $ - With an allowance recorded: Real estate loans: One- to four-family residential $ 1,252 $ 1,252 $ 26 Commercial - - - Home equity loans and lines of credit - - - Total impaired with an allowance recorded $ 1,252 $ 1,252 $ 26 Total Real estate loans: One- to four-family residential $ 4,043 $ 4,043 $ 26 Commercial 635 635 - Home equity loans and lines of credit 6 88 - Total impaired loans $ 4,684 $ 4,766 $ 26 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 The following presents, by class, information related to average recorded investment and interest income recognized on impaired loans for the six months ended June 30, 2017 and June 30, 2016. Six Months Ended Six Months Ended June 30, 2017 June 30, 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 $ 2,821 $ 61 $ 3,850 $ 85 Commercial 647 21 674 15 Home equity loans and lines of credit 6 2 59 2 Total impaired with no related allowance $ 3,474 $ 84 $ 4,583 $ 102 With an allowance recorded: Real estate loans: One- to four-family residential $ 681 $ 12 $ 567 $ 10 Commercial - - - - Home equity loans and lines of credit - - - - Total impaired with an allowance recorded $ 681 $ 12 $ 567 $ 10 Total Real estate loans: One- to four-family residential $ 3,502 $ 73 $ 4,417 $ 95 Commercial 647 21 674 15 Home equity loans and lines of credit 6 2 59 2 Total impaired loans $ 4,155 $ 96 $ 5,150 $ 112
Schedule of Loans by Risk Rating	The following tables present the Company’s loans by risk rating: Real Estate: Consumer One- to Home Commercial Consumer four-family Commercial Multi-family and Lines Construction Industrial Lines of Other Total (In Thousands) June 30, 2017: Grade: Pass $ - $ 19,702 $ 22,373 $ - $ 24,627 $ 2,495 $ - $ - $ 69,197 Special mention 214 1,887 - - 2,220 331 - - 4,652 Substandard 3,009 635 - 6 - - - - 3,650 Loans not formally rated 131,577 - - 2,188 - - 10 1,363 135,138 Total $ 134,800 $ 22,224 $ 22,373 $ 2,194 $ 26,847 $ 2,826 $ 10 $ 1,363 $ 212,637 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)	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
Summary of Scheduled Maturities of Time Deposits	For time deposits as of June 30, 2017, the scheduled maturities for each of the following five years ended June 30 are: (In Thousands) 2018 $ 50,171 2019 27,931 2020 3,862 2021 13,727 2022 1,923 Total $ 97,614

FEDERAL HOME LOAN BANK ADVANC25

FEDERAL HOME LOAN BANK ADVANCES (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2017 are summarized as follows: (In Thousands) 2018 $ 10,264 2019 6,371 2020 3,820 2021 1,753 2022 301 Thereafter 13,500 $ 36,009

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 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) June 30, 2017 : Debt securities issued by U.S. government corporations and agencies $ 8,945 $ - $ 8,945 $ - Debt securities issued by states of the United States and political subdivisions of the states 3,274 - 3,274 - Mortgage-backed securities 4,784 - 4,784 - Totals $ 17,003 $ - $ 17,003 $ - 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 June 30, 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) June 30, 2017: Impaired loans $ 1,238 $ - $ - $ 1,238 Totals $ 1,238 $ - $ - $ 1,238 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	June 30, 2017 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 14,930 $ 14,930 $ - $ - $ 14,930 Interest-bearing time deposits with other banks 1,098 - 1,101 - 1,101 Available-for-sale securities 17,003 - 17,003 - 17,003 Held-to-maturity securities 96 - 129 - 129 Federal Home Loan Bank stock 2,361 2,361 - - 2,361 Investment in The Co-operative Central Reserve Fund 384 384 - - 384 Loans, net 211,849 - - 213,099 213,099 Accrued interest receivable 583 583 - - 583 Financial liabilities: Deposits 187,967 - 188,562 - 188,562 FHLB advances 36,009 - 35,519 - 35,519 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)	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
Schedule of Bank's Actual Capital Amounts and Ratios	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 June 30, 2017: Total Capital (to Risk Weighted Assets) $ 25,268 15.12 % $ 13,372 8.0 % $ 16,715 10.0 % Tier 1 Capital (to Risk Weighted Assets) 24,120 14.43 10,029 6.0 13,372 8.0 Common Equity Tier 1 Capital (to Risk Weighted Assets) 24,120 14.43 7,522 4.5 10,865 6.5 Tier 1 Capital (to Average Assets) 24,120 9.29 10,389 4.0 12,986 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)	6 Months Ended
	Jun. 30, 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 Grant 6/1/2016 Grant 6/1/2017 Expected life 6.40 years 6.40 years Expected dividend yield 0 % 0 % Expected volatility 20.24 % 23.93 % Expected forfeiture rate 0 % 0 % Risk free rate 1.67 % 2.02 % Fair value per option $ 3.17 $ 5.04
Schedule of Share-based Compensation, Stock Options, Activity	A summary of activity for the 2015 Equity Incentive Plan as of and for the six months ended June 30, 2017 and June 30, 2016 is as follows: Stock Options Stock Options 2017 2016 Number of Number of Options Options Outstanding at beginning of period 169,500 - Granted 7,500 169,500 Exercised (1,500) - Outstanding at end of period 175,500 169,500 Exercisable at end of period 32,400 - Weighted average fair value of 169,500 options granted 6/1/2016 $ 3.17 Weighted average contractual life remaining 9.2 years Weighted average exercise price $ 12.85 Aggregate intrinsic value $ 949,000 Weighted average fair value of 7,500 options granted 6/1/2017 $ 5.04 Weighted average contractual life remaining 9.9 years Weighted average exercise price $ 17.45 Aggregate intrinsic value $ 8,000
Restricted Stock Shares Activity	Restricted Stock 2017 Weighted average Number of grant date Shares fair value Unvested outstanding at beginning of period 70,950 $ 12.85 Shares surrendered (3,339) $ 12.85 Shares vested (10,851) 12.85 Granted 3,350 $ 17.45 Unvested outstanding at end of period 60,110 $ 13.11

NATURE OF OPERATIONS - Addition

NATURE OF OPERATIONS - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017
Organization and Nature of Operations [Line Items]
Entity Incorporation, Date of Incorporation	Feb. 28, 2014
Entity Incorporation, State Country Name	Maryland

RECENT ACCOUNTING PRONOUNCEME30

RECENT ACCOUNTING PRONOUNCEMENTS - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017USD ($)
Accounting Standards Update 2016-09 [Member]
Excess Tax Benefit from Share-based Compensation, Operating Activities	$ 26,000

EARNINGS PER SHARE (EPS) - Summ

EARNINGS PER SHARE (EPS) - Summary of Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income (In thousands)		$ 324	$ 185	$ 595	$ 341
Basic and diluted common shares:
Weighted average common shares outstanding		2,253,805	2,189,489	2,253,623	2,193,659
Weighted average unearned shares-restricted stock		(58,488)	0	59,702	0
Weighted average unallocated ESOP shares		(159,601)	(165,571)	(160,340)	(166,321)
Basic weighted average shares outstanding		2,035,716	2,023,918	2,033,581	2,027,338
Dilutive potential common shares-options		16,008	0	6,967	0
Diluted weighted average shares outstanding		2,065,854	2,023,990	2,052,687	2,027,400
Basic earnings per share		$ 0.16	$ 0.09	$ 0.29	$ 0.17
Diluted earnings per share	[1],[2]	$ 0.16	$ 0.09	$ 0.29	$ 0.17
Restricted Stock [Member]
Basic and diluted common shares:
Dilutive effect of unearned restricted stock		14,130	72	12,139	62
[1]	Options to purchase 169,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2016 because the effect was anti-dilutive.
[2]	Options to purchase 7,500 shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2017 because the effect was anti-dilutive.

EARNINGS PER SHARE (EPS) - Addi

EARNINGS PER SHARE (EPS) - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	7,500	169,500	7,500	169,500

INVESTMENTS IN SECURITIES - Sch

INVESTMENTS IN SECURITIES - Schedule of Amortized Cost and Fair Values of Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	$ 17,122	$ 17,233
Available-for-sale securities, Gross Unrealized Gains	19	12
Available-for-sale securities, Gross Unrealized Losses	138	204
Available-for-sale securities, Fair Value	17,003	17,041
Held-to-maturity securities, Amortized Cost Basis	96	104
Held-to-maturity securities, Gross Unrealized Gains	33	31
Held-to-maturity securities, Gross Unrealized Losses	0	0
Held-to-maturity securities, Fair Value	129	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	4	7
Available-for-sale securities, Gross Unrealized Losses	40	53
Available-for-sale securities, Fair Value	8,945	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	3,278	2,696
Available-for-sale securities, Gross Unrealized Gains	11	0
Available-for-sale securities, Gross Unrealized Losses	15	50
Available-for-sale securities, Fair Value	3,274	2,646
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Amortized Cost Basis	4,863	5,557
Available-for-sale securities, Gross Unrealized Gains	4	5
Available-for-sale securities, Gross Unrealized Losses	83	101
Available-for-sale securities, Fair Value	4,784	5,461
Held-to-maturity securities, Amortized Cost Basis	96	104
Held-to-maturity securities, Gross Unrealized Gains	33	31
Held-to-maturity securities, Gross Unrealized Losses	0	0
Held-to-maturity securities, Fair Value	$ 129	$ 135

INVESTMENTS IN SECURITIES - S34

INVESTMENTS IN SECURITIES - Scheduled Maturities of Debt Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Due within one year, Available-For-Sale Securities Fair Value	$ 1,699
Due after one year through five years, Available-For-Sale Securities Fair Value	8,778
Due after five years through ten years, Available-For-Sale Securities Fair Value	1,157
Due after ten years, Available-For-Sale Securities Fair Value	585
Mortgage-backed securities, Available-For-Sale Securities Fair Value	4,784
Available-For-Sale Securities Fair Value Total	17,003
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	96
Held-To-Maturity Securities Amortized Cost Basis Total	96	$ 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	129
Held-To-Maturity Securities Fair Value Total	$ 129	$ 135

INVESTMENTS IN SECURITIES - S35

INVESTMENTS IN SECURITIES - Schedule of Aggregate Fair Value and Unrealized Losses of Securities (Detail) - Temporarily Impaired Securities [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 12,419	$ 12,987
Less than 12 Months, Unrealized Losses	79	140
12 Months or Longer, Fair Value	2,144	2,091
12 Months or Longer, Unrealized Losses	59	64
Fair Value, Total	14,563	15,078
Unrealized Losses, Total	138	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	8,442	7,430
Less than 12 Months, Unrealized Losses	40	53
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value, Total	8,442	7,430
Unrealized Losses, Total	40	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	1,059	2,215
Less than 12 Months, Unrealized Losses	7	35
12 Months or Longer, Fair Value	629	431
12 Months or Longer, Unrealized Losses	8	15
Fair Value, Total	1,688	2,646
Unrealized Losses, Total	15	50
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	2,918	3,342
Less than 12 Months, Unrealized Losses	32	52
12 Months or Longer, Fair Value	1,515	1,660
12 Months or Longer, Unrealized Losses	51	49
Fair Value, Total	4,433	5,002
Unrealized Losses, Total	$ 83	$ 101

INVESTMENTS IN SECURITIES - Add

INVESTMENTS IN SECURITIES - Additional Information (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 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	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 212,637	$ 211,164
Net deferred loan origination fees, costs, premiums and discounts	351	371
Allowance for loan losses	(1,139)	(1,049)	$ (951)	$ (886)
Net loans	211,849	210,486
Commercial and Industrial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	2,826	2,885
Allowance for loan losses	(9)	(10)	(11)	(13)
Real Estate Loans [Member] | One-to Four-Family Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	134,800	133,997
Allowance for loan losses	(524)	(449)	(450)	(373)
Real Estate Loans [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	22,224	23,368
Allowance for loan losses	(131)	(134)	(128)	(146)
Real Estate Loans [Member] | Multi-Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	22,373	19,503
Allowance for loan losses	(85)	(74)	(62)	(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	2,194	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	26,847	27,185
Allowance for loan losses	(349)	(340)	(230)	(216)
Real Estate Loans [Member] | Commercial and Industrial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	2,826	2,885
Consumer Loans [Member] | Consumer Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	10	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	1,363	1,910
Allowance for loan losses	$ (10)	$ (15)	$ (23)	$ (29)

LOANS - Schedule of Allowance f

LOANS - Schedule of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			$ 1,049	$ 886
Charge-offs			0	(7)
Recoveries			0	0
Provision (benefit)	$ 45	$ 36	90	72
Ending balance	1,139	951	1,139	951
Individually evaluated for impairment	26		26		$ 21
Collectively evaluated for impairment	1,113		1,113		1,028
Total allowance for loan losses ending balance	1,139		1,139		1,049
Individually evaluated for impairment	4,684		4,684		4,062
Collectively evaluated for impairment	207,953		207,953		207,102
Total loans ending balance	212,637		212,637		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)	(2)
Ending balance	9	11	9	11
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	9		9
Total allowance for loan losses ending balance	9		9
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	2,826		2,826
Total loans ending balance	2,826		2,826		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	2
Ending balance	19	34	19	34
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	19		19
Total allowance for loan losses ending balance	19		19
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)			75	77
Ending balance	524	450	524	450
Individually evaluated for impairment	26		26		21
Collectively evaluated for impairment	498		498		428
Total allowance for loan losses ending balance	524		524		449
Individually evaluated for impairment	4,043		4,043		3,406
Collectively evaluated for impairment	130,757		130,757		130,591
Total loans ending balance	134,800		134,800		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)			(3)	(18)
Ending balance	131	128	131	128
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	131		131		134
Total allowance for loan losses ending balance	131		131		134
Individually evaluated for impairment	635		635		650
Collectively evaluated for impairment	21,589		21,589		22,718
Total loans ending balance	22,224		22,224		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)			11	0
Ending balance	85	62	85	62
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	85		85		74
Total allowance for loan losses ending balance	85		85		74
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	22,373		22,373		19,503
Total loans ending balance	22,373		22,373		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	11	12
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	11		11		12
Total allowance for loan losses ending balance	11		11		12
Individually evaluated for impairment	6		6		6
Collectively evaluated for impairment	2,188		2,188		2,288
Total loans ending balance	2,194		2,194		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	14
Ending balance	349	230	349	230
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	349		349		340
Total allowance for loan losses ending balance	349		349		340
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	26,847		26,847		27,185
Total loans ending balance	26,847		26,847		27,185
Real Estate Loans [Member] | Commercial and Industrial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment					0
Collectively evaluated for impairment					10
Total allowance for loan losses ending balance					10
Individually evaluated for impairment					0
Collectively evaluated for impairment					2,885
Total loans ending balance	2,826		2,826		2,885
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	1	1
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	1		1		1
Total allowance for loan losses ending balance	1		1		1
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	10		10		22
Total loans ending balance	10		10		22
Consumer Loans [Member] | Other Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			15	29
Charge-offs			0	(7)
Recoveries			0	0
Provision (benefit)			(5)	1
Ending balance	10	$ 23	10	$ 23
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	10		10		15
Total allowance for loan losses ending balance	10		10		15
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	1,363		1,363		1,910
Total loans ending balance	$ 1,363		$ 1,363		1,910
Consumer Loans [Member] | Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment					0
Collectively evaluated for impairment					14
Total allowance for loan losses ending balance					14
Individually evaluated for impairment					0
Collectively evaluated for impairment					0
Total loans ending balance					$ 0

LOANS - Schedule of Nonaccrual

LOANS - Schedule of Nonaccrual Loans and Past-Due Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 686	$ 118
Total Current	211,951	211,046
Total	212,637	211,164
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	686	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	118
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	686	0
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual Loans	0
Commercial and industrial loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	2,826	2,885
Real Estate Loans [Member] | One-to four-family residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	686	118
Total Current	134,114	133,879
Total	134,800	133,997
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	686	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	0	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	686	0
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	22,224	23,368
Total	22,224	23,368
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans		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		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	22,373	19,503
Total	22,373	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	2,194	2,294
Total	2,194	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	26,847	27,185
Total	26,847	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
Real Estate Loans [Member] | Commercial and industrial loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	2,826	2,885
Total	2,826	2,885
90 Days or More Past Due and Accruing	0	0
Nonaccrual Loans	0	0
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | 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
Real Estate Loans [Member] | Commercial and industrial loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Loans [Member] | Consumer line of credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Total Current	10	22
Total	10	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	1,363	1,910
Total	1,363	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	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	$ 3,432		$ 3,495
With no related allowance recorded, Unpaid Principal Balance	3,514		3,577
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	3,474	$ 4,583
With no related allowance recorded, Interest Income Recognized	84	102
With an allowance recorded, Recorded Investment	1,252		567
With an allowance recorded, Unpaid Principal Balance	1,252		567
With an allowance recorded, Related Allowance	26		21
With an allowance recorded, Average Recorded Investment	681	567
With an allowance recorded, Interest Income Recognized	12	10
Total, Recorded Investment	4,684		4,062
Total, Unpaid Principal Balance	4,766		4,144
Total, Related Allowance	26		21
Total, Average Recorded Investment	4,155	5,150
Total, Interest Income Recognized	96	112
Real estate loans [Member] | One-to four-family residential [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	2,791		2,839
With no related allowance recorded, Unpaid Principal Balance	2,791		2,839
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	2,821	3,850
With no related allowance recorded, Interest Income Recognized	61	85
With an allowance recorded, Recorded Investment	1,252		567
With an allowance recorded, Unpaid Principal Balance	1,252		567
With an allowance recorded, Related Allowance	26		21
With an allowance recorded, Average Recorded Investment	681	567
With an allowance recorded, Interest Income Recognized	12	10
Total, Recorded Investment	4,043		3,406
Total, Unpaid Principal Balance	4,043		3,406
Total, Related Allowance	26		21
Total, Average Recorded Investment	3,502	4,417
Total, Interest Income Recognized	73	95
Real estate loans [Member] | Commercial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	635		650
With no related allowance recorded, Unpaid Principal Balance	635		650
With no related allowance recorded, Related Allowance	0		0
With no related allowance recorded, Average Recorded Investment	647	674
With no related allowance recorded, Interest Income Recognized	21	15
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	635		650
Total, Unpaid Principal Balance	635		650
Total, Related Allowance	0		0
Total, Average Recorded Investment	647	674
Total, Interest Income Recognized	21	15
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	2	2
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	$ 2	$ 2

LOANS - Schedule of Loans by Ri

LOANS - Schedule of Loans by Risk Rating (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	$ 212,637	$ 211,164
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	69,197	72,291
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	4,652	2,666
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	3,650	573
Loans Not Formally Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	135,138	135,634
Commercial and Industrial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,826	2,885
Commercial and Industrial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,495	2,885
Commercial and Industrial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	331	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	134,800	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	214	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	3,009	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	131,577	131,414
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	22,224	23,368
Real Estate Loans [Member] | Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	19,702	22,718
Real Estate Loans [Member] | Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	1,887	650
Real Estate Loans [Member] | Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	635	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	22,373	19,503
Real Estate Loans [Member] | Multi-Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	22,373	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	2,194	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	2,188	2,288
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	26,847	27,185
Real Estate Loans [Member] | Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	24,627	27,185
Real Estate Loans [Member] | Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,220	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
Real Estate Loans [Member] | Commercial and Industrial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,826	2,885
Consumer Loans [Member] | Consumer Line of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	10	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	10	22
Consumer Loans [Member] | Other Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	1,363	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	$ 1,363	$ 1,910

LOANS - Additional Information

LOANS - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Loans and Leases Receivable, Net Amount	$ 211,849	$ 210,486
Mortgage And Other Loans [Member]
Loans and Leases Receivable, Net Amount	$ 22,800	$ 24,300

DEPOSITS - Summary of Scheduled

DEPOSITS - Summary of Scheduled Maturities of Time Deposits (Detail) $ in Thousands	Jun. 30, 2017USD ($)
2,018	$ 50,171
2,019	27,931
2,020	3,862
2,021	13,727
2,022	1,923
Total	$ 97,614

DEPOSITS - Additional Informati

DEPOSITS - Additional Information (Detail) - USD ($)	Jun. 30, 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 ADVANC45

FEDERAL HOME LOAN BANK ADVANCES - Summary of Maturities of Advances from the Federal Home Loan Bank ("FHLB") of Boston (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Maturities Federal Home Loan Bank Advances [Line Items]
2,018	$ 10,264
2,019	6,371
2,020	3,820
2,021	1,753
2,022	301
Thereafter	13,500
Maturities of advances from FHLB, total	$ 36,009	$ 37,329

FEDERAL HOME LOAN BANK ADVANC46

FEDERAL HOME LOAN BANK ADVANCES - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Weighted-average interest rate	1.16%
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	1.74%

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	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 17,003	$ 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	17,003	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	8,945	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	8,945	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	3,274	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	3,274	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	4,784	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	4,784	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 - Sum48

FAIR VALUE MEASUREMENTS - Summary of Assets Measured at Fair Value on a Nonrecurring Basis (Detail) - Fair Value Measurements Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 1,238	$ 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	1,238	552
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	1,238	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	$ 1,238	$ 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	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Financial assets:
Cash and cash equivalents	$ 14,930	$ 11,188	$ 8,136	$ 10,670
Interest-bearing time deposits with other banks	1,098	1,092
Available-for-sale securities	17,003	17,041
Held-to-maturity securities	96	104
Federal Home Loan Bank stock	2,361	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	211,849	210,486
Accrued interest receivable	583	599
Financial liabilities:
Deposits	187,967	182,086
FHLB advances	36,009	37,329
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Financial assets:
Cash and cash equivalents	14,930	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	2,361	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	0	0
Accrued interest receivable	583	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	1,101	1,098
Available-for-sale securities	17,003	17,041
Held-to-maturity securities	129	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	188,562	182,676
FHLB advances	35,519	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	213,099	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	14,930	11,188
Interest-bearing time deposits with other banks	1,098	1,092
Available-for-sale securities	17,003	17,041
Held-to-maturity securities	96	104
Federal Home Loan Bank stock	2,361	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	211,849	210,486
Accrued interest receivable	583	599
Financial liabilities:
Deposits	187,967	182,086
FHLB advances	36,009	37,329
Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	14,930	11,188
Interest-bearing time deposits with other banks	1,101	1,098
Available-for-sale securities	17,003	17,041
Held-to-maturity securities	129	135
Federal Home Loan Bank stock	2,361	2,299
Investment in The Co-operative Central Reserve Fund	384	384
Loans, net	213,099	211,328
Accrued interest receivable	583	599
Financial liabilities:
Deposits	188,562	182,676
FHLB advances	$ 35,519	$ 37,089

REGULATORY CAPITAL - Schedule o

REGULATORY CAPITAL - Schedule of Bank's Actual Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Key Regulatory Ratios
Total Capital (to Risk Weighted Assets), Actual Amount	$ 25,268	$ 24,440
Tier 1 Capital (to Risk Weighted Assets), Actual Amount	24,120	23,380
Common Equity Tier 1 Capital (to Risk Weighted Assets), Actual, Amount	24,120	23,380
Tier 1 Capital (to Average Assets), Actual Amount	$ 24,120	$ 23,380
Total Capital (to Risk Weighted Assets), Actual Ratio	15.12%	14.56%
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	14.43%	13.93%
Common Equity Tier 1 Capital (to Risk Weighted Assets), Actual, Ratio	14.43%	13.93%
Tier 1 Capital (to Average Assets), Actual Ratio	9.29%	9.38%
Total Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Amount	$ 13,372	$ 13,424
Tier 1 Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Amount	10,029	10,068
Common Equity Tier 1 Capital (to Risk Weighted Assets), For Capital Adequacy Purposes, Amount	7,522	7,551
Tier 1 Capital (to Average Assets), For Capital Adequacy Purposes, Amount	$ 10,389	$ 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	$ 16,715	$ 16,781
Tier 1 Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	13,372	13,424
Common Equity Tier 1 Capital (to Risk Weighted Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	10,865	10,907
Tier 1 Capital (to Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 12,986	$ 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)	Jun. 30, 2017	Dec. 31, 2016	Jan. 02, 2015
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital to risk-weighted assets	14.43%	13.93%
Total Capital (to Risk Weighted Assets), Actual Ratio	15.12%	14.56%
Tier 1 Leverage Ratio	9.29%	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	6 Months Ended
	Nov. 24, 2015	Jun. 30, 2016
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	89,903
Stock Repurchase Program Common Stock 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)	6 Months Ended
	Jun. 30, 2017$ / shares
Options Granted On 01 June 2016 [Member]
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
Options Granted On 01 June 2017 [Member]
Expected life	6 years 4 months 24 days
Expected dividend yield	0.00%
Expected volatility	23.93%
Expected forfeiture rate	0.00%
Risk free rate	2.02%
Fair value per option	$ 5.04

EQUITY INCENTIVE PLAN - Schedul

EQUITY INCENTIVE PLAN - Schedule of Equity Incentive Plan (Detail) - Equity Incentive Plan 2015 [Member] - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Outstanding at beginning of period	169,500	0
Granted	7,500	169,500
Exercised	(1,500)	0
Outstanding at end of period	175,500	169,500
Exercisable at end of period	32,400	0
Options Granted On 01 June 2016 [Member]
Weighted average fair value of options granted	$ 3.17
Weighted average contractual life remaining	9 years 2 months 12 days
Weighted average exercise price	$ 12.85
Aggregate intrinsic value	$ 949,000
Options Granted On 01 June 2017 [Member]
Weighted average fair value of options granted	$ 5.04
Weighted average contractual life remaining	9 years 10 months 24 days
Weighted average exercise price	$ 17.45
Aggregate intrinsic value	$ 8,000

EQUITY INCENTIVE PLAN - Restric

EQUITY INCENTIVE PLAN - Restricted Stock (Detail) - Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Number of Shares, Unvested outstanding at beginning of period | shares	70,950
Number of Shares, Shares surrendered | shares	(3,339)
Number of Shares, Shares vested | shares	(10,851)
Number of Shares, Granted | shares	3,350
Number of Shares, Outstanding at end of period | shares	60,110
Weighted average fair value of options granted at beginning of period | $ / shares	$ 12.85
Weighted average fair value of options granted Shares surrendered | $ / shares	12.85
Weighted average fair value of options granted Shares vested | $ / shares	12.85
Weighted average fair value of options granted Granted | $ / shares	17.45
Weighted average fair value of options granted at end of period | $ / shares	$ 13.11

EQUITY INCENTIVE PLAN - Additio

EQUITY INCENTIVE PLAN - Additional Information (Detail) - USD ($)	Jun. 01, 2017	Nov. 24, 2015	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016
Multiemployer Plans [Line Items]
Share-based Compensation				$ 195,000	$ 64,000
Options Granted On 01 June 2016 [Member]
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				3 years 10 months 24 days
Options Granted On 01 June 2017 [Member]
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				4 years 10 months 24 days
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
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			15,603	15,603
Share-based Compensation			$ 46,000	$ 92,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			19,000	$ 36,000
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Forfeitures				3,339
Restricted Stock [Member] | Options Granted On 01 June 2016 [Member]
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			714,000	$ 714,000
Restricted Stock [Member] | Options Granted On 01 June 2017 [Member]
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			$ 57,000	$ 57,000
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
Restricted Stock [Member] | Equity Incentive Plan 2015 [Member] | Director [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	3,350
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			47,758	47,758
Share-based Compensation			$ 26,000	$ 55,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			3,000	7,000
Employee Stock Option [Member] | Options Granted On 01 June 2016 [Member]
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			421,000	421,000
Employee Stock Option [Member] | Options Granted On 01 June 2017 [Member]
Multiemployer Plans [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			$ 37,000	$ 37,000
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
Employee Stock Option [Member] | Equity Incentive Plan 2015 [Member] | Options Granted On 01 June 2016 [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				169,500
Employee Stock Option [Member] | Equity Incentive Plan 2015 [Member] | Options Granted On 01 June 2017 [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				7,500
Employee Stock Option [Member] | Equity Incentive Plan 2015 [Member] | Director [Member]
Multiemployer Plans [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	7,500