MB Bancorp (MBCQ) 10-Q 13 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	13-May-15
Document And Entity Information [Abstract]
Entity Registrant Name	MB Bancorp Inc
Entity Central Index Key	1617291
Trading Symbol	mbof
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		2,116,000
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Assets:
Cash and due from banks	$2,623	$3,627
Interest bearing deposits in other banks	2,667	11,563
Total cash and cash equivalents	5,290	15,190
Other interest-bearing deposits in other banks	21,650	10,445
Investment securities available-for-sale - at fair value	474	502
Investment securities held to maturity - amortized cost	12,836	14,139
Loans, net of unearned fees	101,536	103,667
Less allowance for loan losses	-1,723	-1,731
Loans, net	99,813	101,936
Real estate ground rents	842	842
Less allowance for credit losses	-135	-139
Ground rents, net	707	703
Federal Home Loan Bank stock, at cost	805	929
Property and equipment - net	3,890	3,907
Deferred income taxes	1,100	1,120
Bank-owned life insurance	860	847
Other real estate owned	287	379
Accrued interest receivable and other assets	608	588
TOTAL ASSETS	148,320	150,685
LIABILITIES:
Deposits	97,337	98,473
Federal Home Loan Bank advances	14,750	15,750
Deferred compensation liability	217	318
Accounts payable and other liabilities	376	330
Total liabilities	112,680	114,871
STOCKHOLDERS' EQUITY:
Common stock .01 par value; authorized 19,000,000 shares; issued and outstanding 2,116,000 shares at March 31, 2015 and December 31, 2014	21	21
Additional paid-in capital	20,145	20,144
Retained earnings - substantially restricted	17,114	17,318
Accumulated other comprehensive income	15	15
Unearned ESOP shares	-1,655	-1,684
Total stockholders' equity	35,640	35,814
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$148,320	$150,685

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	19,000,000	19,000,000
Common stock, shares issued	2,116,000	2,116,000
Common stock, shares outstanding	2,116,000	2,116,000

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
INTEREST INCOME:
Interest and fees on loans	$1,062	$1,143
Interest on federal funds sold and other investments	40	11
Interest and dividends on investment securities	117	125
Total interest income	1,219	1,279
INTEREST EXPENSE:
Interest on deposits	184	216
Interest on short-term borrowings	2	4
Interest on long term borrowings	125	125
Total interest expense	311	345
NET INTEREST INCOME	908	934
PROVISION (REVERSAL) FOR LOAN LOSSES	6	-5
NET INTEREST INCOME AFTER PROVISION (REVERSAL) FOR LOAN LOSSES	902	939
NON-INTEREST INCOME:
Service charges on deposit accounts	2	4
Fees and charges on loans	12	16
Increase in cash surrender value of life insurance	13	1
Gain on sale of other real estate owned	5
Gain on sale of real estate held for sale		131
Ground rent fees	9	10
Other income	5	6
Total non-interest income	46	168
NON-INTEREST EXPENSE:
Salaries and employee benefits	609	557
Occupancy expenses	126	136
Furniture and equipment expenses	12	20
Legal and professional expenses	83	45
Data processing and other outside services	63	64
FDIC insurance premiums	26	31
Advertising and marketing related expenses	21	17
Provision for loss on other real estate owned	51
(Reversal) provision for loss on ground rents	-7	9
Other expenses	149	107
Total non-interest expenses	1,133	986
(LOSS) INCOME BEFORE INCOME TAXES	-185	121
INCOME TAX EXPENSE	19	47
NET (LOSS) INCOME	($204)	$74
Basic loss per share (in dollars per share)	($0.10)
Diluted loss per share (in dollars per share)	($0.10)

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
NET (LOSS) INCOME	($204)	$74
OTHER COMPREHENSIVE (LOSS) INCOME ON AVAILABLE-FOR-SALE INVESTMENT SECURITIES:
Unrealized gains arising during the period		9
Income taxes on unrealized gains arising during the period		-3
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME ON AVAILABLE-FOR-SALE INVESTMENT SECURITIES		6
COMPREHENSIVE (LOSS) INCOME	($204)	$80

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (USD $)	Common Stock	Additional Paid In Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Income (Loss)	Total
In Thousands, unless otherwise specified
BALANCE at Dec. 31, 2013			$18,495		$7	$18,502
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (Loss) income			74			74
Net unrealized gain on available- for sale securities, net of tax benefit of ($3)					6	6
BALANCE at Mar. 31, 2014			18,569		13	18,582
BALANCE at Dec. 31, 2014	21	20,144	17,318	-1,684	15	35,814
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (Loss) income			-204			-204
Stock-based compensation		1		29		30
BALANCE at Mar. 31, 2015	$21	$20,145	$17,114	($1,655)	$15	$35,640

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (Parentheticals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Stockholders' Equity [Abstract]
Net unrealized gain on available-for-sale securities, tax		$3

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	($204)	$74
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation expense	35	43
Increase in cash surrender value of life insurance	-13	-1
Net amortization/accretion of premiums and discounts	-3	-1
Provision (reversal) for loan losses	6	-5
Provision (reversal) for ground rent losses	-7	9
Decrease (increase) in deferred income taxes	20
Provision for loss on other real estate owned	51
Non-cash compensation under stock-based benefit plan	30
(Gain) Loss on sale of other real estate owned	-5
Increase in accrued interest and other assets	-21	-5
Loss on disposal of equipment
Gain on sale of real estate held for sale		-131
Decrease in deferred compensation liability	-101	-78
Increase (decrease) in accounts payable and other liabilities	46	-64
Net cash used in operating activities	-166	-159
CASH FLOWS FROM INVESTING ACTIVITIES:
Net (increase) decrease in other interest bearing deposits in other banks	-11,205	-249
Purchase of available-for-sale investments		-120
Proceeds from calls/repayments of available-for-sale investments	29	10
Purchase of held-to-maturity investments		-968
Proceeds from maturity/repayments of held-to-maturity investments	1,305	242
Net decrease in loans	2,163	2,004
Proceeds from sale of ground rents	3	2
Proceeds from sale of other real estate owned
Proceeds from sale of real estate held for sale		574
Purchase of property, plant and equipment	-18	-20
Net decrease (increase) in Federal Home Loan Bank stock	124	55
Net cash (used in) provided by investing activities	-7,599	1,530
CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in deposits	-1,135	-291
Federal Home Loan Bank advances	3,750	2,750
Federal Home Loan Bank repayments	-4,750	-2,750
Net cash used in financing activities	-2,135	-291
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	-9,900	1,080
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	15,190	4,011
CASH AND CASH EQUIVALENTS AT END OF YEAR	5,290	5,091
Supplemental cash flow information:
Interest paid	305	346
Income taxes paid
Noncash:
Transfer of other real estate owned to loans	$41

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	In 2002, Bohemian American Federal Savings and Loan Association, Inc., incorporated in 1899 in the State of Maryland, merged with Madison & Bradford Federal Savings & Loan Association, incorporated in 1904 in the State of Maryland, to form Madison Bohemian Savings Bank. On September 1, 2009 Madison Bohemian Savings Bank changed its name to Madison Bank of Maryland (the “Bank”). The Bank’s principal business is providing mortgage and consumer loans in Baltimore and Harford County. The Bank also provides construction and lot loans. Significant accounting policies followed by the Bank are presented below.
	On August 26, 2014, the Bank’s Board of Directors approved a plan (the “Plan”) to convert from a federally-chartered mutual savings bank to a federally-chartered stock savings bank form of organization, which was subsequently approved by the Bank’s members. The Plan included the formation of MB Bancorp, Inc. (the “Company”) to own all of the outstanding capital stock of the Bank. On December 29, 2014, the Bank completed its mutual-to-stock conversion. On that date, the Bank became the wholly owned subsidiary of the Company and the Company sold 2,116,000 shares of its common stock for gross offering proceeds of $21,160,000.
	The cost of conversion and issuing and selling the capital stock was deducted from the proceeds of the offering. The Bank incurred $995,000 in conversion cost, which was recorded in prepaid expenses and other assets on the Consolidated Balance Sheet. At the time of conversion, the Bank established a liquidation account in an amount equal to its retained earnings as reflected in the latest balance sheet used in the final conversion prospectus. The liquidation account will be maintained for the benefit of eligible account holders who continue to maintain their deposit accounts in the Bank after conversion. The liquidation account will be reduced annually to the extent that eligible depositors have reduced their qualifying deposits. In the event of a complete liquidation of the Bank, eligible depositors who continue to maintain accounts in accordance with Office of the Comptroller of the Currency (“OCC”) regulations will be entitled to receive a distribution from the liquidation account before any liquidation may be made with respect to the Company’s common stock. The conversion will be accounted for as change in corporate form with the historic basis of the Bank’s assets, liabilities and equity unchanged as a result. The Bank may not declare or pay a cash dividend if the effect thereof would cause its net worth to be reduced below either the amount required for the liquidation account discussed below or the regulatory capital requirements imposed by the OCC.
	Unaudited Interim Financial Statements
	The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X as promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, the accompanying consolidated financial statements as of March 31, 2015 and for the three months ended March 31, 2015 and 2014 contains all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position at March 31, 2015.
	Certain prior period information has been reclassified to conform to the current period presentation.
	These statements should be read in conjunction with the audited consolidation financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations and cash flows for the three months ended March 31, 2015 and 2014 are not necessarily indicative of the results to be expected for the year ended December 31, 2015.
	Principles of Consolidation
	The consolidated financial statements include the accounts of MB Bancorp, Inc. (“The Company”) and it’s wholly owned subsidiaries, Madison Bank of Maryland (“The Bank”), 1920 Rock Spring Road, LLC formed in 1998 to own and hold real estate and Mutual, LLC formed in 2011 to hold other real estate owned. All significant intercompany accounts and transactions have been eliminated. The accounting and reporting policies of the Company conform to U.S. generally accepted accounting principles and to general practices in the banking industry.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Loans
	Loans are stated at the principal amount outstanding net of any deferred fees and costs. Interest income on loans is accrued at the contractual rate on the principal amount outstanding. It is the Company’s policy to discontinue the accrual of interest when circumstances indicate that collection is doubtful. Direct loan origination fees, net of direct loan origination costs, are amortized or accreted over the contractual life of the loan using the interest method.
	Loans are considered impaired when, based on current information; it is probable that the Company will not collect all principal and interest payments according to contractual terms. Generally, loans are considered impaired once principal and interest payments are past due and they are placed on non-accrual. Management also considers the financial condition of the borrower, cash flows of the loan and the value of the related collateral. Impaired loans do not include large groups of smaller balance homogeneous credits such as residential real estate and consumer installment loans, which are evaluated collectively for impairment. Loans specifically reviewed for impairment are not considered impaired during periods of “minimal delay” in payment (usually ninety days or less) provided eventual collection of all amounts due is expected. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, except that as a practical expedient, the Company may measure impairment based on a loan’s observable market price or the fair value of the collateral, if the loan is collateral dependent. The Company recognizes interest income on impaired loans on a cash basis if the borrower demonstrates the ability to meet the contractual obligation and collateral is sufficient. If there is doubt regarding the borrower’s ability to make payments or the collateral is not sufficient, payments received are accounted for as a reduction in principal.
	A loan is considered to be a troubled debt restructured loan (“TDR”) when the Company grants a concession to the borrower that the Company would not otherwise consider to a borrower of comparable risk and placed on non-accrual status. Such concessions include the reduction of interest rates, forgiveness of all or a portion of principal or interest, extension of loan term or other modifications at interest rates that are less than the current market rate for new obligations with similar risk. If a loan is in nonaccrual status at the time we restructure it and classify the restructure as a troubled debt restructuring, it is our policy to maintain the loan as nonaccrual until we receive six consecutive monthly payments under the restructured terms. TDR loans that are in compliance with their modified terms and that yield a market rate may be removed from the TDR status after a period of one year.
	Allowance for Loan Losses
	The allowance for loan losses is established through a provision for loan losses charged to expense. Loans are charged against the allowance for loan losses when management believes that the collectability of the principal is unlikely. The Company maintains an allowance for loan losses at an amount estimated to equal all loan losses incurred in our loan portfolio that are both probable and reasonable to estimate at a balance sheet date. The evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions and trends that may affect the borrowers’ ability to pay.
	The allowance for loan losses represents an estimation done pursuant to either Accounting Standards Codification (“ASC”) Topic 450 “Contingencies” or Topic 310 “Receivables.” The Company uses a loan grading system where loans are graded based on management’s evaluation of the risk associated with each loan. A factor, based on the loan grading is applied to the loan allowance to provide for losses. In addition, management judgmentally establishes an additional nonspecific reserve. The nonspecific portion of the allowance reflects management’s estimate of probable inherent but undetected losses within the portfolio due to uncertainties in economic conditions, delays in obtaining information, including unfavorable information about a borrower’s financial condition, the difficulty in identifying triggering events that correlates perfectly to subsequent loss rates, and risk factors that have not yet manifested themselves in loss allocation factors. The adequacy of the allowance is determined through careful and continuous evaluation of the loan portfolio, which involves the consideration of a number of factors to establish a prudent level. Determination of the allowance is inherently subjective and requires significant estimates, including estimated losses on pools of homogeneous loans based on historical loss experience and consideration of current economic trends, which may be susceptible to significant change.
	While management believes it has established the allowance for loan losses in accordance with generally accepted accounting principles and has taken into account the views of its regulators and the current economic environment, there can be no assurance that in the future the Bank’s regulators or the economic environment will not require further increases in the allowance.
	Other Real Estate Owned
	Real estate acquired in satisfaction of a debt is carried at fair value net of estimated selling costs. Costs incurred in maintaining foreclosed real estate and write-downs to reflect declines in the fair value of the properties after acquisition are included in noninterest expenses.
	Transfers of Financial Assets
	Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
	Income Taxes
	The Bank uses the liability method of accounting for income taxes. Under the liability method, deferred-tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities (i.e., temporary differences) and are measured at the enacted rates that will be in effect when these differences reverse. Deferred income taxes are recognized when it is deemed more likely than not that the benefits of such deferred income taxes will be realized. The Bank recognizes interest and/or penalties related to income tax matters in income tax expense. Tax years subsequent to December 31, 2010 remain subject to examination by Federal and State of Maryland jurisdictions.
	ASC Topic 740, “Income Taxes,” provides clarification on accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Bank has not identified any income tax uncertainties.
	Recognition of Deferred Tax Valuation Allowance
	As of December 2014, the Bank recorded a provision for loan losses totaling $810,000 and a provision for losses on other real estate owned of $118,000. The provision for loan losses was principally the result of the third quarter receipt of an updated appraisal on a land loan and the establishment of an unallocated reserve of $250,000. The provision on other real estate owned was the result of reducing the sales prices of properties below the fair value previously estimated. The impairment identified on the land loan was charged-off in September. In addition, the Bank has four impaired loans that were scheduled for foreclosure in the quarter ended December 31, 2014. The Bank is in receipt of current appraisals, which did not include interior inspections, on the properties. The Bank’s recent experience indicates that foreclosed properties had interior damage that was only discovered upon the Bank’s inspection at the time of possession and consequently resulted in losses in excess of the original fair value estimate (i.e., appraised values or listed sales price less estimated selling costs). Based on the appraisals discussed above, our exterior inspection of the properties currently in the process of foreclosure and the Bank’s correspondence with the borrowers, an unallocated reserve of $250,000 was established at September 30, 2014. Excluding the establishment of the unallocated reserve, the Bank’s methodology for computing the allowance for loan losses did not change from prior periods.
	The combination of the unanticipated additional loan losses and provision for losses in other real estate owned resulted in a loss before income tax of $882,000 for the period ended December 31, 2014. As of December 31, 2014 the deferred tax asset for the net operating loss was estimated at approximately $841,000. As a result, the Bank became in a cumulative loss position for three consecutive years and consequently management reevaluated the need for a valuation allowance of the deferred tax asset balance. Management’s evaluation included: management’s ability to fully implement our strategic plan, which included the ability to raise capital through the proposed public stock offering; additional expenses expected to be incurred as the result of becoming a public company; and the ability to generate sufficient taxable income to fully realize the Bank’s net operating loss carryforwards. Management concluded that it is more likely than not the Bank will be unable to generate sufficient taxable income in the foreseeable future to fully utilize the cumulative net operating loss carryforward and, therefore, established a valuation allowance for the net operating loss carryforward related deferred tax asset of approximately $841,000.

IMPACT_OF_RECENT_ACCOUNTING_PR

IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS	2.  IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS
	In January 2014, the FASB issued ASU No. 2014-4, “Receivables — Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (a consensus of the FASB Emerging Issues Task Force)”. The guidance clarifies when an “in substance repossession or foreclosure” occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, such that all or a portion of the loan should be derecognized and the real estate property recognized. ASU 2014-04 states that a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure, or the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. The amendments of ASU 2014-04 also require interim and annual disclosure of both the amount of foreclosed residential real estate property held by the creditor and the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure. The amendments of ASU 2014-04 was effective for Madison Bank of Maryland on January 1, 2015, and was applied using a prospective transition method as described in ASU 2014-04. The application of ASU 2014-04 did not have an impact on the Company’s financial position or results of operations.
	In May 2014, the FASB issued an update (ASU No. 2014-09, Revenue from Contracts with Customers) creating FASB Topic 606, Revenue from Contracts with Customers. The guidance in this update affects any entity that either enters into contract 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 (for example, insurance contracts or lease contracts). The core principle 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. The guidance provides steps to follow to achieve the core principle. An entity should disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Qualitative and quantitative information is required about contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. The amendments in this update are effective for interim and annual reporting periods beginning after December 15, 2016. We are currently evaluating the impact of adopting the new guidance on the consolidated financial statements.
	In August 2014, FASB issues ASU-2014-14, “Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure”. The guidance requires that a government-guaranteed mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if the following conditions are met: the loan has a government guarantee that is not separable from the loan before foreclosure; at the time of foreclosure, the creditor has the intent to convey the real estate property to the guarantor and make a claim on the guarantee, and the creditor has the ability to recover under that claim; and at the time of foreclosure, any amount of the claim that is determined on the basis of the fair value of the real estate is fixed. The amendments of ASU-2014-14 was effective for Madison Bank of Maryland on January 1, 2015 and was applied using a prospective transition method as described in ASU-2014-14. The application of ASU 2014-14 did not have an impact on the Company’s financial position or results of operation.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	3.   INVESTMENT SECURITIES
	The carrying amount and estimated fair market value of investment securities classified as available-for-sale are summarized as follows:
		March 31, 2015 (unaudited)
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Mortgage-backed securities:
	FHLMC certificates	$	232	$	12	$	—		$	244
	FNMA certificates		143		9		—			152
	GNMA certificates		75		3		—			78
	Total mortgage-backed securities		450		24		—			474
	Total investments available-for-sale	$	450	$	24	$	—		$	474
		31-Dec-14
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Mortgage-backed securities:
	FHLMC certificates	$	239	$	10	$	—		$	249
	FNMA certificates		154		10		—			164
	GNMA certificates		85		4		—			89
	Total mortgage-backed securities		478		24		—			502
	Total investments available-for-sale	$	478	$	24	$	—		$	502
	The carrying amount and estimated fair market value of investment securities classified as held-to-maturity are summarized as follows:
		March 31, 2015 (unaudited)
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Investments held-to-maturity:
	U.S. Government securities:
	FHLMC bonds	$	4,997	$	9	$	(4	)	$	5,002
	FNMA bonds		1,000		—		(2	)		998
	FFCB bonds		2,000		—		(30	)		1,970
	Total U.S. Government securities		7,997		9		(36	)		7,970
	Mortgage-backed securities:
	FHLMC certificates		1,391		109		—			1,500
	FNMA certificates		2,968		185		—			3,153
	GNMA certificates		480		44		—			524
	Total mortgage backed securities		4,839		338		—			5,177
	Total investments held-to-maturity	$	12,836	$	347	$	(36	)	$	13,147
		December 31, 2014
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Investments held-to-maturity:
	U.S. Government securities:
	FHLMC bonds	$	4,997	$	10	$	(15	)	$	4,992
	FNMA bonds		1,000		—		(26	)		974
	FFCB bonds		3,000		—		(67	)		2,933
	Total U.S. Government securities		8,997		10		(108	)		8,899
	Mortgage-backed securities:
	FHLMC certificates		1,466		107		—			1,573
	FNMA certificates		3,181		203		—			3,384
	GNMA certificates		495		47		—			542
	Total mortgage backed securities		5,142		357		—			5,499
	Total investments held-to-maturity	$	14,139	$	367	$	(108	)	$	14,398
	Below are schedules of both available-for-sale and held-to-maturity securities with unrealized losses as of March 31, 2015 (unaudited) and December 31, 2014 and the length of time the individual security has been in a continuous unrealized loss position. Unrealized losses are the result of interest rate levels differing from those existing at the time of purchase of the securities and as to mortgage-backed securities, estimated prepayment speeds. At March 31, 2015 (unaudited) and December 31, 2014, these unrealized losses are considered temporary as they reflect changes in fair values and are subject to change daily as interest rates fluctuate and the Bank has the ability and intent to hold the securities until the earlier of maturity or recovery.
		March 31, 2015 (unaudited)
		Less than 12 Months				12 Months or More						Total
	(Dollars in thousands)	Fair Value		Unrealized		Fair Value			Unrealized			Fair Value		Unrealized
				Losses					Losses					Losses
	Mortgage-backed securities	$	—	$	—	$	—		$	—		$	—	$	—
	U.S. Government securities		—		—		7,970			(36	)		7,970		(36	)
	Total temporarily impaired securities	$	—	$	—	$	7,970		$	(36	)	$	7,970	$	(36	)
		31-Dec-14
	Less than 12 Months				12 Months or More						Total
	Fair Value		Unrealized		Fair Value			Unrealized			Fair Value		Unrealized
			Losses					Losses					Losses
(Dollars in thousands)
Mortgage-backed securities	$	—	$	—	$	—		$	—		$	—	$	—
U.S. Government securities		—		—		4,889			(108	)		4,889		(108	)
Total temporarily impaired securities	$	—	$	—	$	4,889		$	(108	)	$	4,889	$	(108	)
The scheduled maturities of debt securities at March 31, 2015 (unaudited) were as follows:
	Amortized		Fair
	Cost		Value
	(in thousands)		(in thousands)
Due over one year through five years	$	999	$	1,002
Due over five years through ten years		3,000		2,998
Due after ten years		3,998		3,970
Mortgage-backed securities		5,289		5,651
Total	$	13,286	$	13,621

LOANS_RECEIVABLE

LOANS RECEIVABLE	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
LOANS RECEIVABLE	4.   LOANS RECEIVABLE
	Loans receivable consist of the following:
			March 31,			December 31,
			2015			2014
	(Dollars in thousands)		(unaudited)
	Secured by real estate:
	Residential:
	One-to four-family		$	80,973		$	83,227
	Multi-family			2,143			2,160
	Total			83,116			85,387
	Non-residential			9,361			9,230
	Construction and land loans			4,904			4,856
	Home equity line of credit (“HELOC”)			5,068			5,106
	Consumer and other loans:
	Loans to depositors, secured by savings			4			5
				102,453			104,584
	Add:
	Net (discount) premium on purchased loans			(9	)		(8	)
	Unamortized net deferred costs			34			35
	Less:
	Undisbursed portion of construction loans			(897	)		(897	)
	Unearned net loan origination fees			(45	)		(47	)
	Less allowance for loan losses			(1,723	)		(1,731	)
	Loans receivable, net		$	99,813		$	101,936
	The risks associated with lending activities differ among the various loan types and are subject to the impact of changes in interest rates, market conditions of collateral securing the loans, and general economic conditions. All of these factors may adversely impact the borrower’s ability to repay its loans and impact the associated collateral.
	Residential real estate includes mortgage loans with the underlying one- to four-family or multi-family residential property (primarily owner-occupied) securing the debt. The Bank’s attempt to minimize risk exposure is minimized in these types of loans through the evaluation of the credit worthiness of the borrower, including debt-to-income ratios and underwriting standards which limit the loans-to-value ratio to generally no more than 80% unless the borrower obtains private mortgage insurance.
	Residential real estate also includes home equity loans and lines of credit. These present a slightly higher risk to the Bank than one-to four-family first lien mortgages as they can be first or second liens on the underlying property. These loans are generally limited with respect to loan-to-value ratios and the credit worthiness of the borrower is considered including debt-to-income ratios.
	Non-residential real estate includes various types of loans which have differing levels of credit risk associated with them. Owner-occupied commercial real estate loans are generally dependent upon the successful operation of the borrower’s business, with cash flows generated from the business being the primary source of loan repayment. If the business suffers a downturn in sales or profitability, the borrower’s ability to repay the loan could be in jeopardy. The Bank, attempts to minimize this credit risk through its underwriting standards which include the credit worthiness of the borrower, a limitation on loan amounts to the value of the property securing the loan, and an evaluation of debt service coverage ratios. Non-owner occupied commercial real estate loans present a different credit risk to the Bank than owner-occupied commercial real estate, as the repayment of the loan is dependent upon the borrower’s ability to generate a sufficient level of occupancy to produce rental income that exceeds debt service requirement and operating expenses. Lower occupancy or lease rates may result in a reduction in cash flows, which hinder the ability of the borrower to meet debt service requirements, and may result in lower collateral values. The Bank generally follows the same underwriting standards for these loans as with owner occupied commercial real estate, but recognizes the greater risk inherent in these credit relationships in its loan pricing.
	Construction and land loans consist of one- to four-family residential construction and land development loans. The risk of loss on these loans is largely dependent on the Bank’s ability to assess the property’s value at the completion of the project. During the construction phase, a number of factors could potentially negatively impact the collateral value, including cost overruns, delays in completing the project, competition and real estate market conditions which may change based on the supply of similar properties in the area. In the event the collateral value at the completion of the project is not sufficient to cover the outstanding loan balance, the Bank must rely upon other repayment sources, including the borrowers and/or guarantors of the project or other collateral securing the loan. The Bank attempts to mitigate credit risk through strict underwriting standards including evaluation of the credit worthiness of the borrowers and their success in other projects, adequate loan-to-value ratios and continual monitoring of the project during its construction phase.
	Consumer loans consist primarily of loans secured by the borrower’s deposit balance at the Bank. As these loans are typically 100% secured by savings and certificate of deposits, the risk of credit loss is not deemed significant.
	The Bank maintains an allowance for loan losses at an amount estimated to equal all loan losses incurred in our loan portfolio that are both probable and reasonable to estimate at a balance sheet date. Our determination as to the classification of our assets is subject to review by the OCC and the FDIC. We regularly review our asset portfolio to determine whether any assets require classification in accordance with applicable regulatory guidelines.
	The Bank provides for loan losses based upon the consistent application of our documented allowance for loan loss methodology. All loan losses are charged to the allowance for loan losses and all recoveries are credited to it. Additions to the allowance for loan losses are provided by charges to income based on various factors which, in our judgment, deserve current recognition is estimating probable losses. We regularly review the loan portfolio and make provisions for loan losses in order to maintain the allowance for loan losses in accordance with Generally Accepted Accounting Principles (“GAAP”). The allowance for loan losses consists of two components:
		•	Specific allowances are only established for non-collateral dependent troubled-debt restructured loans and are established at the modification date of the troubled loan. The specific valuation allowance is computed as the excess of the loan’s expected cash flow based on the remaining original loan terms and the expected cash flow of the corresponding modified loan discounted at the original loan rate. As long as the borrower performs under the terms of the modification agreement, on a monthly basis we recalculate the specific valuation using the discounted cash-flow method described above. If the borrower fails to perform under the modification agreement, we will treat the loan as a collateral dependent and measure the loss by using the fair value of the collateral less disposition costs.
	Losses on non-modified loans are charged-off in the month the loss is measured. Non-modified loans are measured for loss at the point the loan becomes 90 to 120 days delinquent or at maturity if an extension is requested. We obtain a third party appraisal to determine the fair value of the collateral. We measure these loans for loss by using the fair value of collateral less disposition costs method and if any loss is determined it is charged off directly. Subsequently, these loans are re-evaluated at least annually by obtaining an updated third party appraisal to determine if there should be any further loss recognition.
		•	General allowances are established for loan losses on a portfolio basis for loans that do not meet the definition of impaired loans. The portfolio is grouped into similar risk characteristics, primarily loan type and regulatory classification. We apply an estimated loss rate to each loan group. The loss rates applied are based upon our loss experience adjusted, as appropriate, for the qualitative factors discussed below.
	Management’s periodic evaluation of the adequacy of the allowance is based on the Bank’s historical loan loss experience, known and inherent losses in the portfolio, adverse situations that may affect the borrower’s ability to repay, and the estimated value of any underlying collateral. The historical loss experience is further adjusted for qualitative factors which include: changes in composition of the loan portfolio, current economic conditions, trends of past due and classified loans, quality of loan review system and Board oversight, existence and effect of concentrations and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows expected to be received on impaired loans.
	A loan is considered past due or delinquent when a contractual payment is not paid on the day it is due. Loans are generally placed on non-accrual status when they become 120 days delinquent. We may choose to consider loans from 90 to 119 days delinquent to be non-accrual, and generally do so except where a borrower has a history of periodically bringing a loan current after being 90 days or more delinquent. If the loan is less than 90 days delinquent, but information is brought to our attention that indicates the collection of interest is doubtful, the loan will immediately be considered non-accrual. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis. If the loan is deemed collateral dependent, the impairment is measured on the net realizable value of the collateral. If loan repayment is not deemed collateral dependent, impairment is measured on the net present value of the expected discounted future cash flows.
	The Bank charges off loans after, the loan or a portion of the loan is deemed to be a loss and the loss amount has been determined. The loss amount is charged to the established allowance for loan losses. Each loss is evaluated on its specific facts regarding the appropriate timing to recognize the loss.
	Allowance for loan losses and recorded investment in loans for the three months ended March 31, 2015 (unaudited) is as follows:
	(Dollars in thousands)		Residential			Non-			Construction					Total
						residential
			Real Estate,						and
						Real Estate
			HELOC,						Land			Unallocated
			and
			Consumer
	Allowance for loan losses:
	Beginning balance		$	1,228		$	79		$	174		$	250	$	1,731
	Charge-offs			(16	)		—			—			—		(16	)
	Recoveries			2			—			—			—		2
	Provisions			6			—			—			—		6
	Ending balance		$	1,220		$	79		$	174		$	250	$	1,723
	Allowance for loan losses:
	Ending balance: individually evaluated for impairment		$	51		$	—		$	—			—	$	51
	Ending balance: collectively evaluated for impairment		$	1,169		$	79		$	174		$	250	$	1,672
	Loans:
	Ending balance: individually evaluated for impairment		$	5,387		$	1,963		$	2,221			—	$	9,571
	Ending balance: collectively evaluated for impairment		$	82,801		$	7,398		$	2,683			—	$	92,882
	Allowance for loan losses and recorded investment in loans for the three months ended March 31, 2014 (unaudited) is as follows:
	(Dollars in thousands)		Residential			Non-			Construction			Unallocated		Total
						residential
			Real Estate,						and
						Real Estate
			HELOC,						Land
and
Consumer
Allowance for loan losses:
Beginning balance		$	1,586		$	127		$	77		$	—	$	1,790
Charge-offs			(48	)		—			(88	)		—		(136	)
Recoveries			—			—			—			—		—
Provisions			(5	)		—			—			—		(5	)
Ending balance		$	1,533		$	127		$	(11	)	$	—	$	1,649
Allowance for loan losses:
Ending balance: individually evaluated for impairment		$	54		$	—		$	—			—	$	54
Ending balance: collectively evaluated for impairment		$	1,479		$	127		$	(11	)	$	—	$	1,595
Loans:
Ending balance: individually evaluated for impairment		$	5,262		$	2,747		$	2,927		$	—	$	10,936
Ending balance: collectively evaluated for impairment		$	92,047		$	7,876		$	2,682		$	—	$	102,605
Allowance for loan losses and recorded investment in loans for the year ended December 31, 2014 is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Unallocated		Total
					residential
		Real Estate,						and
					Real Estate
		HELOC,						Land
		and
		Consumer
Allowance for loan losses:
Beginning balance		$	1,586		$	127		$	77		$	—	$	1,790
Charge-offs			(123	)		(39	)		(722	)		—		(884	)
Recoveries			2			13			—			—		15
Provisions			(237	)		(22	)		819			250		810
Ending balance		$	1,228		$	79		$	174		$	250	$	1,731
Allowance for loan losses:
Ending balance: individually evaluated for impairment		$	45		$	—		$	—		$	—	$	45
Ending balance: collectively evaluated for impairment		$	1,183		$	79		$	174		$	250	$	1,686
Loans:
Ending balance: individually evaluated for impairment		$	5,280		$	1,979		$	2,240		$	—	$	9,499
Ending balance: collectively evaluated for impairment		$	85,218		$	7,251		$	2,616		$	—	$	95,085
Credit risk profile by internally assigned classification as of March 31, 2015 (unaudited) is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and Consumer
Non-classified		$	83,576		$	7,567		$	2,745		$	93,888
Special mention			2,002			—			142			2,144
Substandard			2,610			1,794			2,017			6,421
Doubtful			—			—			—			—
Loss			—			—			—			—
Total		$	88,188		$	9,361		$	4,904		$	102,453
Credit risk profile by internally assigned classification as of December 31, 2014 is as follows:
(Dollars in thousands)		Residential			Non-residential			Construction			Total
		Real Estate,			Real Estate			and Land
		HELOC,
		and Consumer
Non-classified		$	85,231		$	7,420		$	2,616		$	95,267
Special mention			2,793			—			144			2,937
Substandard			2,474			1,810			2,096			6,380
Doubtful			—			—			—			—
Loss			—			—			—			—
Total		$	90,498		$	9,230		$	4,856		$	104,584
	•	Special Mention — A Special Mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the institution’s credit position at some future date. Special Mention assets are not considered adversely classified in accordance with regulatory guidelines and do not expose an institution to sufficient risk to warrant adverse classification.
	•	Substandard — Substandard loans are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the bank will sustain some loss if the deficiencies are not corrected. These loans include non-accrual loans between 90 to 180 days that may not be individually evaluated for impairment.
	•	Doubtful — Loans classified 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 known facts, conditions and values, highly questionable and improbable.
	•	Loss — Loans classified Loss are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be affected in the future.
Impaired loans as of and for the three months ended March 31, 2015 (unaudited) is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
With no related allowance recorded:
Recorded investment		$	4,322		$	1,963		$	2,221		$	8,506
Unpaid principal balance			5,127			2,007			3,241			10,375
Average recorded investment, for the three months ended March 31, 2015			4,357			1,966			2,227			8,550
Interest income recognized			57			11			28			96
Interest income foregone			20			13			3			36
With an allowance recorded:
Recorded investment			1,065			—			—			1,065
Unpaid principal balance			1,065			—			—			1,065
Related allowance			51			—			—			51
Average recorded investment, for the three months ended March 31, 2015			1,067			—			—			1,067
Interest income recognized			8			—			—			8
Interest income foregone			—			—			—			—
Total:
Recorded investment			5,387			1,963			2,221			9,571
Unpaid principal balance			6,192			2,007			3,241			11,440
Related allowance			51			—			—			51
Average recorded investment, for the three months ended March 31, 2015			5,424			1,966			2,227			9,617
Interest income recognized			65			11			28			104
Interest income foregone			20			13			3			36
Impaired loans as of and for the three months ended March 31, 2014 (unaudited) is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
With no related allowance recorded:
Recorded investment		$	3,889		$	2,747		$	2,927		$	9,563
Unpaid principal balance			4,523			2,768			3,307			10,598
Average recorded investment, for the three months ended March 31, 2014			4,064			2,617			2,919			9,600
Interest income recognized			60			13			30			103
Interest income foregone			33			21			8			62
With an allowance recorded:
Recorded investment			1,373			—			—			1,373
Unpaid principal balance			1,426			—			—			1,426
Related allowance			54			—			—			54
Average recorded investment, for the three months ended March 31, 2014			1,375			—			—			1,375
Interest income recognized			13			—			—			13
Interest income foregone			1			—			—			1
Total:
Recorded investment			5,262			2,747			2,927			10,936
Unpaid principal balance			5,949			2,768			3,307			12,024
Related allowance			54			—			—			54
Average recorded investment, for the three months ended March 31, 2014			5,439			2,617			2,919			10,975
Interest income recognized			73			13			30			116
Interest income foregone			34			21			8			63
Impaired loans as of and for the year ended December 31, 2014 is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
With no related allowance recorded:
Recorded investment		$	4,389		$	1,979		$	2,240		$	8,608
Unpaid principal balance			5,204			2,021			3,260			10,485
Average recorded investment, for the twelve months ended December 31, 2014			4,577			2,640			2,691			9,908
Interest income recognized			251			66			107			424
Interest income foregone			91			48			8			147
With an allowance recorded:
Recorded investment			891			—			—			891
Unpaid principal balance			891			—			—			891
Related allowance			45			—			—			45
Average recorded investment, for the twelve months ended December 31, 2014			898			—			—			898
Interest income recognized			34			—			—			34
Interest income foregone			4			—			—			4
Total:
Recorded investment			5,280			1,979			2,240			9,499
Unpaid principal balance			6,095			2,021			3,260			11,376
Related allowance			45			—			—			45
Average recorded investment, for the twelve months ended December 31, 2014			5,475			2,640			2,691			10,806
Interest income recognized			285			66			107			458
Interest income foregone			95			48			8			151
An aged analysis of past due loans as of March 31, 2015 (unaudited) is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and
		Consumer
Current		$	86,278		$	8,980		$	4,776		$	100,034
30 – 59 days past due			821			79			—			900
60 – 89 days past due			—			—			—			—
Greater than 90 day past due and still accruing			6			—			—			6
Greater than 90 days past due			1,083			302			128			1,513
Total past due			1,910			381			128			2,419
Total		$	88,188		$	9,361		$	4,904		$	102,453
An aged analysis of past due loans as of December 31, 2014 is as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
Current		$	88,268		$	8,932		$	4,664		$	101,864
30 – 59 days past due			981			—			—			981
60 – 89 days past due			154			—			—			154
Greater than 90 day past due and still accruing			—			—			—			—
Greater than 90 days past due			1,095			298			192			1,585
Total past due			2,230			298			192			2,720
Total		$	90,498		$	9,230		$	4,856		$	104,584
Non-performing loans as of March 31, 2015 (unaudited) are as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and
		Consumer
Non-accruing troubled debt restructured loans		$	1,052		$	1,358		$	61		$	2,471
Other non-accrual loans			867			383			128			1,378
Total non-accrual loans			1,919			1,741			189			3,849
Accruing troubled debt restructured loans			2,519			222			1,889			4,630
Total		$	4,438		$	1,963		$	2,078		$	8,479
Non-performing loans as of December 31, 2014 are as follows:
(Dollars in thousands)		Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and
		Consumer
Non-accruing troubled debt restructured loans		$	866		$	1,368		$	64		$	2,298
Other non-accrual loans			917			—			128			1,045
Total non-accrual loans			1,783			1,368			192			3,343
Accruing troubled debt restructured loans			2,539			227			1,904			4,670
Total		$	4,322		$	1,595		$	2,096		$	8,013
Troubled debt restructurings (“TDRs”) are modifications of loans to assist borrowers who are unable to meet the original terms of their loans, in an effort to minimize the potential loss on the loan. Modifications of the loan terms includes but is not necessarily limited to: reduction of interest rates, forgiveness of all or a portion of principal or interest, extension of loan term or other modifications at interest rates that are less than the current market rate for new obligations with similar risk. If a loan is in non-accrual status at the time we restructure it and classify the restructure as a troubled debt restructuring, it is our policy to maintain the loan as nonaccrual until we receive six consecutive monthly payments under the restructured terms. TDR loans that are in compliance with their modified terms and that yield a market rate, may be removed from the TDR status after a period of one year.
The following includes loans classified as troubled debt restructurings during the three months ended March 31, 2015 (unaudited).
(Dollars in thousands)		Number of			Pre-			Post-
		Contracts			modification			modification
					Outstanding			Outstanding
					Recorded			Recorded
					Investment			Investment
Residential real estate and consumer			7		$	844		$	844
Non-residential real estate			—			—			—
Construction and land			—			—			—
Total			7		$	844		$	844
The following includes loans classified as troubled debt restructurings during the three months ended March 31, 2014 (unaudited).
(Dollars in thousands)		Number of			Pre-			Post-
		Contracts			modification			modification
					Outstanding			Outstanding
					Recorded			Recorded
					Investment			Investment
Residential real estate and consumer			—		$	—		$	—
Non-residential real estate			—			—			—
Construction and land			—			—			—
Total			—		$	—		$	—
The following includes loans classified as troubled debt restructures that subsequently defaulted during the three months ended March 31, 2015 (unaudited).
		During the Three Months Ended
		at Marh 31, 2015 (unaudited)
(Dollars in thousands)		Number of			Recorded
		Contracts			Investment
TDRs that subsequently defaulted
Residential real estate and consumer			—		$	—
Non-residential real estate			—			—
Construction and land			—			—
The following includes loans classified as troubled debt restructures that subsequently defaulted during the year ended March 31, 2014 (unaudited).
		During Three Months Ended
		March 31, 2014 (Unaudited)
(Dollars in thousands)		Number of			Recorded
		Contracts			Investment
TDRs that subsequently defaulted
Residential real estate and consumer			—		$	—
Non-residential real estate			—			—
Construction and land			—			—
Loans serviced by the Bank for the benefit of others totaled $447,000 and $450,000 at March 31, 2015 (audited) and December 31,2014, respectively.
Consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure totaled $646,000 as of March 31, 2015 (unaudited).

OTHER_REAL_ESTATE_OWNED

OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2015
Other Real Estate [Abstract]
OTHER REAL ESTATE OWNED	5.   OTHER REAL ESTATE OWNED
	The balance in other real estate owned at March 31, 2015 (unaudited) and December 31, 2014 was $287,000 and $379,000, respectively.
	The activity in residential other real estate owned is as follows:
	(Dollars in thousands)
	BALANCE AS OF DECEMBER 31, 2014	$	379
	Additions		—
	Transfers from Loans		—
	Transfers to Loans		(41	)
	Sales		—
	Provisions		(51	)
	BALANCE AS OF MARCH 31, 2015 (unaudited)	$	287

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2015
Deposit Liabilities Disclosure [Abstract]
DEPOSITS	6.   DEPOSITS
	Deposits are summarized as follows:
		March 31,		December 31,
				2014
		2015
		(unaudited)
	(Dollars in thousands)
	Non-interest-bearing deposits	$	950	$	842
	NOW and Money market		20,866		20,895
	Savings		14,919		15,143
	Certificates of deposit		60,602		61,593
	Total deposits	$	97,337	$	98,473
	The aggregate amount of time deposits in denominations of $100,000 or more as of March 31, 2015 (unaudited) and December 31, 2014 was $27,285,000 and $26,650,000, respectively. Deposit amounts in excess of $250,000 generally are not insured by the Federal Deposit Insurance Corporation.
	At March 31, 2015 (unaudited), the schedule maturities of certificates of deposit are as follows:
	(Dollars in thousands)
	2015	$	23,868
	2016		19,311
	2017		8,065
	2018		4,457
	2019		4,186
	2020		715
	Total	$	60,602
	Executive officers’ and directors’ deposits were $579,000 and $454,000 at March 31, 2015 (unaudited) and December 31, 2014, respectively.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	7.   INCOME TAXES
	The sources of deferred tax assets and liabilities and the tax effect of each are as follows:
	(Dollars in thousands)	March 31,			December 31,
		2015			2014
		(unaudited)
	Deferred tax assets:
	Deferred loan fees and costs, net	$	4		$	5
	Allowance for credit losses		680			683
	Deferred compensation		86			126
	Allowance for ground rents		53			55
	Allowance for delinquent mortgage interest		282			276
	Capital loss carryforward		—			2
	Contribution carryforward		—			—
	Net operating loss carryforward		935			840
	Allowance for real estate owned		133			113
	Total deferred tax assets		2,173			2,100
	Valuation allowance		(936	)		(843	)
	Deferred tax assets after valuation allowance		1,237			1,257
	Deferred tax liabilities:
	Depreciation		128			128
	Unrealized gain on available-for-sale securities		9			9
	Total deferred tax liabilities		137			137
	Net deferred tax assets	$	1,100		$	1,120
	Management evaluates deferred tax assets annually.
	During 2008, 2009, and 2010, the Bank sold mutual fund investments that resulted in cumulative capital losses of $799,000. Since management determined that it was unlikely that the Bank would be able to fully utilize the corresponding deferred tax asset of $315,000 before expiration of the carryforward period, a valuation allowance was established for 100% of the corresponding deferred tax asset. During the year ended December 31, 2013, capital loss carryforwards of $692,000 and the related deferred tax asset and valuation allowance of $273,000 expired. During the year ended December 31, 2014, capital loss carryforwards of $101,000 and the related deferred tax asset and valuation allowance of $40,000 expired. The remaining capital loss carryforwards of $5,000 expire in 2015, as will the respective related deferred tax assets of approximately $2,000. Realization depends on generating sufficient taxable capital gains before the expiration of the loss carryforward periods. The amount of loss carryforwards available for any one year may be limited if the Bank is subject to the alternative minimum tax.
	At December 31, 2014, the Bank had approximately $2,100,000 in federal and state net operating loss carryforwards. These net operating loss carryforwards begin to expire in 2032. Realization depends on generating sufficient taxable income before the expiration of the loss carryforward period. The amount of the loss carryforward available for any one year may be limited if the Bank is subject to the alternative minimum tax.
	Valuation allowance for deferred taxes for the three months ended March 31, 2015 (unaudited) and December 31, 2014 is as follows:
		Valuation
		Allowance
	Balance of January 1, 2014	$	(42	)
	Expiration of capital loss carryforwards		40
	Increase in valuation allowance		(841	)
	Balance of December 31, 2014	$	(843	)
	Increase in valuation allowance		(93	)
	Balance of March 31, 2015	$	(936	)
	The combination of the unanticipated additional loan losses and provision for losses in other real estate owned resulted in a loss before income tax of $882,000 for the period ended December 31, 2014. As of December 31, 2014 the deferred tax asset for the net operating loss was estimated at approximately $841,000. As a result, the Bank became in a cumulative loss position for three consecutive years and consequently management reevaluated the need for a valuation allowance of the deferred tax asset balance. Management’s evaluation included: management’s ability to fully implement our strategic plan, which included the ability to raise capital through the proposed public stock offering; additional expenses expected to be incurred as the result of becoming a public company; and the ability to generate sufficient taxable income to fully realize the Bank’s net operating loss carryforwards. Management concluded that it is more likely than not the Bank will be unable to generate sufficient taxable income in the foreseeable future to fully utilize the cumulative net operating loss carryforward and, therefore, established a valuation allowance for the net operating loss carryforward related deferred tax asset of approximately $841,000.
	Management considered the following positive and negative evidence in its evaluation of the need for a valuation allowance of the remaining deferred tax assets and liabilities relating to the timing difference in the aggregate of $1,100,000: the Bank reported taxable income in 2011, 2010 and 2009; the Bank was able to carry back all of the federal and substantially all of the net operating loss realized in 2012. The Bank had no history of net operating losses expiring unused. In addition, the local economy of the markets in which the Bank conducts business have been showing signs of continued improvement over the past two years and was a significant factor when considering the need for a valuation allowance. During 2014 and 2015, the trends continued to be positive; however, if these trends flatten or reverse, there is a potential that such negative evidence could outweigh the prevailing positive factors. Based on the considerations discussed above, the preponderance of positive factors and the mitigation of negative factors, the Bank concluded that at December 31, 2014 and March 31, 2015; it was more likely than not that the Bank would be able to realize in the future the net deferred tax assets related to timing differences.

REGULATORY_CAPITAL_REQUIREMENT

REGULATORY CAPITAL REQUIREMENTS	3 Months Ended
	Mar. 31, 2015
Regulatory Capital Requirements [Abstract]
REGULATORY CAPITAL REQUIREMENTS	8.   REGULATORY CAPITAL REQUIREMENTS
	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.
	Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain amounts and ratios (set forth in the table below) of Total and Common Equity and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets. Management believes as of March 31, 2015 and December 31, 2014 that the Bank met all capital adequacy requirements to which it is subject.
	As of December 31, 2014, the most recent notification from the OCC 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 total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table. There are no conditions or events that management believes will adversely affect the Bank’s ability to remain in the well-capitalized category.
	The following table presents the Bank’s capital position based on the March 31, 2015 (unaudited) and December 2014 financial statements and the current capital requirements:
		Actual					Minimum Requirements for
							Capital Adequacy Purposes and
							to be Adequately Capitalized
							Under the Prompt Corrective
							Action Provisions
	(Dollars in thousands)	Amount		Ratio			Amount		Ratio
	As of March 31, 2015 (unaudited):
	Total risk-based capital (to risk-weighted assets)	$	26,541		35.16	%	$	6,038		≥8.0	%
	Tier I capital (to risk-weighted assets)		25,589		33.9			4,529		≥6.0
	Tier I capital (to adjusted total assets)		25,589		17.62			5,809		≥4.0
	Common equity tier 1 capital (to risk weighted assets)		25,589		33.9			3,397		>4.5
	As of December 31, 2014:
	Total risk-based capital (to risk-weighted assets)	$	26,739		33.97	%	$	6,298		≥8.0	%
	Tier I capital (to risk-weighted assets)		25,746		32.7			3,149		≥4.0
	Tier I capital (to adjusted total assets)		25,746		17.09			6,027		≥4.0
	The following table presents a reconciliation of the Bank’s GAAP capital to each major category of regulatory capital for the dates indicated.
		March 31,		December 31,
		2015		2014
	(Dollars in thousands)	(unaudited)
	Total Company equity capital	$	35,640	$	35,814
	LESS: Parent Only Equity		10,036		10,053
	LESS: Net unrealized gains on available-for-sale securities		15		15
	LESS: Disallowed deferred tax assets		—		—
	Tier 1 Capital	$	25,589	$	25,746
	Tier 1 Capital	$	25,589	$	25,746
	Allowance for loan and lease losses includible in Tier 2 capital		952		993
	Total risk-based capital	$	26,541	$	26,739

OTHER_COMPREHENSIVE_INCOME

OTHER COMPREHENSIVE INCOME	3 Months Ended
	Mar. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
OTHER COMPREHENSIVE INCOME	9.   OTHER COMPREHENSIVE INCOME
	The following table presents the components of other comprehensive gains and losses for the three months ended March 31, 2015 and 2014 (unaudited).
	(Dollars in thousands)	Before Tax		Tax Effect			Net of Tax
	Three Months Ended March 31, 2015 (unaudited)
	Net unrealized gain on securities available-for-sale	$	—	$	—		$	—
	Other Comprehensive Gain	$	—	$	—		$	—
	Three Months Ended March 31, 2014 (unaudited)
	Net unrealized loss on securities available-for-sale	$	9	$	(3	)	$	6
	Other Comprehensive Loss	$	9	$	(3	)	$	6
	The following table presents the changes in each components of accumulated other comprehensive income, net of tax, for the three months ended March 31, 2015 and 2014 (unaudited).
	(Dollars in thousands)	Securities		Accumulated Other
		Available-for-		Comprehensive
		Sale		Income
	Three Months Ended March 31, 2015 (unaudited)
	Balance at Beginning of Year	$	15	$	15
	Other comprehensive loss		—		—
	Balance at End of Period	$	15	$	15
	(Dollars in thousands)	Securities		Accumulated Other
		Available-for-		Comprehensive
		Sale		Income
	Three Months Ended March 31, 2014 (unaudited)
	Balance at Beginning of Year	$	7	$	7
	Other comprehensive gain		6		6
	Balance at End of Period	$	13	$	13

EARNINGS_PER_SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	10.    EARNINGS PER SHARE
	Basic per share amounts are based on the weighted average shares of common stock outstanding. Unearned ESOP shares are not included in outstanding shares. Diluted earnings per share assume the conversion, exercise or issuance of all potential common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. The basic and diluted weighted average shares outstanding for the three months ended March 31, 2015 are as follows:
		Three Months Ended March 31, 2015 (unaudited)
	(Dollars in thousands, except per	Income (Loss)			Shares		Per Share
	share amount)	(Numerator)			(Denominator)		Amount
	Basic EPS
	Net loss available to shareholders	$	(204	)		1,948,600	$	(0.10	)
	Diluted EPS
	Effect of dilutive shares		—			—		—
	Net loss available to shareholders	$	(204	)		1,948,600	$	(0.10	)
	There were no anti-dilutive shares excluded from the March 31, 2015 diluted earnings per share calculation.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	11.   FAIR VALUE MEASUREMENTS
	Effective January 1, 2009, the Bank adopted the Guidance in ASC Topic 820, “Fair Value Measurements and Disclosures.” ASC Topic 820 which provides a framework for measuring and disclosing fair value under GAAP. ASC Topic 820 requires disclosures about the fair value of assets and liabilities recognized in the balance sheet in periods subsequent to initial recognition, whether the measurements are made on a recurring basis (for example, available-for-sale investment securities) or a nonrecurring basis (for example, impaired loans).
	ASC Topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC Topic 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	The Bank utilizes fair value measurements to record fair value adjustments to certain assets and to determine fair value disclosures. Securities available-for-sale is recorded at fair value on a recurring basis. Additionally, from time to time, the Bank may be required to record at fair value all other assets on a nonrecurring basis, such as loans held for sale, loans held for investment and certain other assets. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets.
	ASC Topic 820 establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. The fair value hierarchy is as follows:
	Level 1 Inputs — Unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date.
	Level 2 Inputs — Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and the yield curves that are observable at commonly quoted intervals.
	Level 3 Inputs — Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities.
	The following is a description of valuation methodologies used for assets and liabilities recorded at fair value:
	Investment Securities Available-for-Sale. Investment securities available-for-sale (“AFS”) is recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange such as the New York Stock Exchange, Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage backed securities issued by government sponsored entities, municipal bonds and corporate debt securities. Securities classified as Level 3 include asset-backed securities in illiquid markets.
	Loans. The Bank does not report loans at fair value on a recurring basis, however, from time to time, a loan is considered impaired and an allowance for credit loss is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan are considered impaired. Once a loan is identified as individually impaired; management measures impairment in accordance with ASC Topic 450 “Contingencies”. The fair value of impaired loans is estimated using one of several methods, including the collateral value, market value of similar debt, enterprise value, liquidation value and discounted cash flows. Those impaired loans not requiring a specific allowance represent loans for which the fair value of expected repayments or collateral exceed the recorded investment in such loans. At March 31, 2015 and December 31, 2014, substantially all of the totally impaired loans were evaluated based upon the fair value of the collateral. In accordance with ASC Topic 820, impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price or a current appraised value, the Bank records the loan as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company records the loan as nonrecurring Level 3.
	Assets measured at fair value on a recurring basis are included in the table below:
		Fair Value Measurements at March 31, 2015 (unaudited) Using:
	Description  (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total Changes
		March 31,		in Active		Observable		Unobservable		Gains and		in Fair Values
		2015		Markets for		Inputs		Inputs		(Losses)		Included in
				Identical Assets		(Level 2)		(Level 3)				Period
				(Level 1)								Earnings
	Mortgage-backed securities:
	FHLMC AFS	$	244	$	—		244	$	—	$	—	$	—
	FNMA AFS		152		—		152		—		—		—
	GNMA  AFS		78		—		78		—		—		—
	Total assets measured at fair value on a recurring basis	$	474	$	—		474	$	—	$	—	$	—
		Fair Value Measurements at December 31, 2014 Using:
	Description  (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total Changes
		December 31,		in Active		Observable		Unobservable		Gains and		in Fair Values
		2014		Markets for		Inputs		Inputs		(Losses)		Included in
				Identical Assets		(Level 2)		(Level 3)				Period
				(Level 1)								Earnings
	Mortgage-backed securities:
	FHLMC AFS	$	249	$	—		249	$	—	$	—	$	—
	FNMA AFS		164		—		164		—		—		—
	GNMA  AFS		89		—		89		—		—		—
	Total assets measured at fair value on a recurring basis	$	502	$	—		502	$	—	$	—	$	—
	The Bank may be required from time to time, to measure certain assets at fair value on a non-recurring basis in accordance with GAAP. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period. Assets measured at fair value on a nonrecurring basis are included in the table below:
		Fair Value Measurements at March 31,2015 (unaudited) Using:
	Description (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total
												Changes
		March 31,		in Active		Observable		Unobservable		Gains and
												in Fair
		2015		Markets for		Inputs		Inputs		(Losses)		Values
				Identical Assets		(Level 2)		(Level 3)				Included in
				(Level 1)								Period
												Earnings
	Impaired loans:
	Residential	$	5,336	$	—	$	4,322	$	1,014	$	—	$	—
	Commercial		1,963		—		1,963		—		—		—
	Land		2,221		—		2,221		—		—		—
	Construction		—		—		—		—		—		—
	Other real estate owned		287		—		287		—		—		(51	)
	Total assets measured at fair	$	9,807	$	—	$	8,793	$	1,014	$	—	$	(51	)
	value on a non-recurring basis
	The significant unobservable inputs (Level 3) are determined by using the net present value of the expected discounted future cash flows methodology. Loans were modified based on the expected cash flows with modified terms and rates ranging from 3.00% to 4.00% discounted at contractual rates ranging from 5.00% to 7.375%.
		Fair Value Measurements at December 31, 2014 Using:
	Description (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total Changes
		December		in Active		Observable		Unobservable		Gains and		in Fair Values
		31,		Markets for		Inputs		Inputs		(Losses)		Included in
		2014		Identical Assets		(Level 2)		(Level 3)				Period
				(Level 1)								Earnings
	Impaired loans:
	Residential	$	5,235	$	—	$	4,389	$	846	$	—	$	—
	Commercial		1,979		—		1,979		—		—		—
	Land		2,240		—		2,240		—		—		—
	Construction		—		—		—		—		—		—
Other real estate owned		379		—		379		—		—		(118	)
Total assets measured at fair value on a non-recurring basis	$	9,833	$	—	$	8,987	$	846	$	—	$	(118	)
The significant unobservable inputs (Level 3) are determined by using the net present value of the expected discounted future cash flows methodology. Loans were modified based on the expected cash flows with modified terms and rates ranging from 3.00% to 4.00% discounted at contractual rates ranging from 5.00% to 7.375%.
In accordance with the disclosure requirements of ASC Topic 825, the estimated fair values of financial instruments at March 31, 2015 unaudited and December 31, 2014 are as follows:
(Dollars in thousands)	Carrying Value		Fair Value		Quoted Prices		Other		Significant
	March  31, 2015		31-Mar-15		In Active		Observable		Observable
					Markets For		Inputs		Inputs
					Identical Assets		(Level 2)		(Level 3)
					(Level 1)
	(unaudited)		(unaudited)
ASSETS
Cash, interest bearing deposits and federal funds sold	$	5,290	$	5,290	$	—	$	5,290	$	—
Other interest bearing deposits in other banks		21,650		21,650		—		21,650		—
Investment securities		13,310		13,621		—		13,621		—
Federal Home Loan Bank stock		805		805		—		805		—
Loans, net		99,813		98,581		—		8,793		89,788
Bank owned life insurance		860		860		—		860		—
Accrued interest receivable		360		360		—		360		—
LIABILITIES
Deposits	$	97,337	$	95,378	$	—	$	—	$	95,378
FHLB Borrowings		14,750		15,409		—		—		15,409
(Dollars in thousands)	Carrying Value		Fair Value		Quoted Prices		Other		Significant
	December 31,		December 31,		In Active		Observable		Observable
	2014		2014		Markets For		Inputs		Inputs
					Identical Assets		(Level 2)		(Level 3)
					(Level 1)
ASSETS
Cash, interest bearing deposits and federal funds sold	$	15,190	$	15,190	$	—	$	15,190	$	—
Other interest bearing deposits in other banks		10,445		10,445		—		10,445		—
Investment securities		14,641		14,900		—		14,900		—
Federal Home Loan Bank stock		929		929		—		929		—
Loans, net		101,936		98,301		—		8,987		89,314
Bank owned life insurance		847		847		—		847		—
Accrued interest receivable		337		337		—		337		—
LIABILITIES
Deposits	$	98,473	$	97,673	$	—	$	—	$	97,673
FHLB Borrowings		15,750		16,246		—		—		16,246
The following methods and assumptions were used to estimate the fair value disclosures for financial instruments as of March 31, 2015 (unaudited) and December 31, 2014:
Cash, Interest-Bearing Deposits and Federal Funds Sold and Other Interest-Bearing Deposits in Other Banks
The amounts reported in the balance sheet approximate the fair value of these assets.
Investment Securities
The fair values are based on the quoted market prices, if available. If quoted prices are not available, fair value is measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions.
Federal Home Loan Bank Stock
The par value of Federal Home Loan Bank stock report on the balance sheet is a reasonable estimate of fair value.
Accrued Interest Receivable
The amounts reported in the balance sheet approximate the fair value of these assets.
Loans, Deposits and Federal Home Loan Bank Advances
Loans receivable were discounted using a single discount rate, comparing the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The fair value of demand deposits, savings accounts and money market deposits is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using the rates currently offered on deposits of similar remaining maturities. The fair value of Federal Home Loan Bank advances is estimated using rates currently offered on advances of similar remaining maturities.
Bank-Owned Life Insurance
The amounts reported in the balance sheet approximate the fair value of these assets.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Unaudited Interim Financial Statements	Unaudited Interim Financial Statements
	The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X as promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, the accompanying consolidated financial statements as of March 31, 2015 and for the three months ended March 31, 2015 and 2014 contains all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position at March 31, 2015.
	Certain prior period information has been reclassified to conform to the current period presentation.
	These statements should be read in conjunction with the audited consolidation financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations and cash flows for the three months ended March 31, 2015 and 2014 are not necessarily indicative of the results to be expected for the year ended December 31, 2015.
Principles of Consolidation	Principles of Consolidation
	The consolidated financial statements include the accounts of MB Bancorp, Inc. (“The Company”) and it’s wholly owned subsidiaries, Madison Bank of Maryland (“The Bank”), 1920 Rock Spring Road, LLC formed in 1998 to own and hold real estate and Mutual, LLC formed in 2011 to hold other real estate owned. All significant intercompany accounts and transactions have been eliminated. The accounting and reporting policies of the Company conform to U.S. generally accepted accounting principles and to general practices in the banking industry.
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Loans	Loans
	Loans are stated at the principal amount outstanding net of any deferred fees and costs. Interest income on loans is accrued at the contractual rate on the principal amount outstanding. It is the Company’s policy to discontinue the accrual of interest when circumstances indicate that collection is doubtful. Direct loan origination fees, net of direct loan origination costs, are amortized or accreted over the contractual life of the loan using the interest method.
	Loans are considered impaired when, based on current information; it is probable that the Company will not collect all principal and interest payments according to contractual terms. Generally, loans are considered impaired once principal and interest payments are past due and they are placed on non-accrual. Management also considers the financial condition of the borrower, cash flows of the loan and the value of the related collateral. Impaired loans do not include large groups of smaller balance homogeneous credits such as residential real estate and consumer installment loans, which are evaluated collectively for impairment. Loans specifically reviewed for impairment are not considered impaired during periods of “minimal delay” in payment (usually ninety days or less) provided eventual collection of all amounts due is expected. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, except that as a practical expedient, the Company may measure impairment based on a loan’s observable market price or the fair value of the collateral, if the loan is collateral dependent. The Company recognizes interest income on impaired loans on a cash basis if the borrower demonstrates the ability to meet the contractual obligation and collateral is sufficient. If there is doubt regarding the borrower’s ability to make payments or the collateral is not sufficient, payments received are accounted for as a reduction in principal.
	A loan is considered to be a troubled debt restructured loan (“TDR”) when the Company grants a concession to the borrower that the Company would not otherwise consider to a borrower of comparable risk and placed on non-accrual status. Such concessions include the reduction of interest rates, forgiveness of all or a portion of principal or interest, extension of loan term or other modifications at interest rates that are less than the current market rate for new obligations with similar risk. If a loan is in nonaccrual status at the time we restructure it and classify the restructure as a troubled debt restructuring, it is our policy to maintain the loan as nonaccrual until we receive six consecutive monthly payments under the restructured terms. TDR loans that are in compliance with their modified terms and that yield a market rate may be removed from the TDR status after a period of one year.
Allowance for Loan Losses	Allowance for Loan Losses
	The allowance for loan losses is established through a provision for loan losses charged to expense. Loans are charged against the allowance for loan losses when management believes that the collectability of the principal is unlikely. The Company maintains an allowance for loan losses at an amount estimated to equal all loan losses incurred in our loan portfolio that are both probable and reasonable to estimate at a balance sheet date. The evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions and trends that may affect the borrowers’ ability to pay.
	The allowance for loan losses represents an estimation done pursuant to either Accounting Standards Codification (“ASC”) Topic 450 “Contingencies” or Topic 310 “Receivables.” The Company uses a loan grading system where loans are graded based on management’s evaluation of the risk associated with each loan. A factor, based on the loan grading is applied to the loan allowance to provide for losses. In addition, management judgmentally establishes an additional nonspecific reserve. The nonspecific portion of the allowance reflects management’s estimate of probable inherent but undetected losses within the portfolio due to uncertainties in economic conditions, delays in obtaining information, including unfavorable information about a borrower’s financial condition, the difficulty in identifying triggering events that correlates perfectly to subsequent loss rates, and risk factors that have not yet manifested themselves in loss allocation factors. The adequacy of the allowance is determined through careful and continuous evaluation of the loan portfolio, which involves the consideration of a number of factors to establish a prudent level. Determination of the allowance is inherently subjective and requires significant estimates, including estimated losses on pools of homogeneous loans based on historical loss experience and consideration of current economic trends, which may be susceptible to significant change.
	While management believes it has established the allowance for loan losses in accordance with generally accepted accounting principles and has taken into account the views of its regulators and the current economic environment, there can be no assurance that in the future the Bank’s regulators or the economic environment will not require further increases in the allowance.
Other Real Estate Owned	Other Real Estate Owned
	Real estate acquired in satisfaction of a debt is carried at fair value net of estimated selling costs. Costs incurred in maintaining foreclosed real estate and write-downs to reflect declines in the fair value of the properties after acquisition are included in noninterest expenses.
Transfers of Financial Assets	Transfers of Financial Assets
	Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Income Taxes	Income Taxes
	The Bank uses the liability method of accounting for income taxes. Under the liability method, deferred-tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities (i.e., temporary differences) and are measured at the enacted rates that will be in effect when these differences reverse. Deferred income taxes are recognized when it is deemed more likely than not that the benefits of such deferred income taxes will be realized. The Bank recognizes interest and/or penalties related to income tax matters in income tax expense. Tax years subsequent to December 31, 2010 remain subject to examination by Federal and State of Maryland jurisdictions.
	ASC Topic 740, “Income Taxes,” provides clarification on accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Bank has not identified any income tax uncertainties.
Recognition of Deferred Tax Valuation Allowance	Recognition of Deferred Tax Valuation Allowance
	As of December 2014, the Bank recorded a provision for loan losses totaling $810,000 and a provision for losses on other real estate owned of $118,000. The provision for loan losses was principally the result of the third quarter receipt of an updated appraisal on a land loan and the establishment of an unallocated reserve of $250,000. The provision on other real estate owned was the result of reducing the sales prices of properties below the fair value previously estimated. The impairment identified on the land loan was charged-off in September. In addition, the Bank has four impaired loans that were scheduled for foreclosure in the quarter ended December 31, 2014. The Bank is in receipt of current appraisals, which did not include interior inspections, on the properties. The Bank’s recent experience indicates that foreclosed properties had interior damage that was only discovered upon the Bank’s inspection at the time of possession and consequently resulted in losses in excess of the original fair value estimate (i.e., appraised values or listed sales price less estimated selling costs). Based on the appraisals discussed above, our exterior inspection of the properties currently in the process of foreclosure and the Bank’s correspondence with the borrowers, an unallocated reserve of $250,000 was established at September 30, 2014. Excluding the establishment of the unallocated reserve, the Bank’s methodology for computing the allowance for loan losses did not change from prior periods.
	The combination of the unanticipated additional loan losses and provision for losses in other real estate owned resulted in a loss before income tax of $882,000 for the period ended December 31, 2014. As of December 31, 2014 the deferred tax asset for the net operating loss was estimated at approximately $841,000. As a result, the Bank became in a cumulative loss position for three consecutive years and consequently management reevaluated the need for a valuation allowance of the deferred tax asset balance. Management’s evaluation included: management’s ability to fully implement our strategic plan, which included the ability to raise capital through the proposed public stock offering; additional expenses expected to be incurred as the result of becoming a public company; and the ability to generate sufficient taxable income to fully realize the Bank’s net operating loss carryforwards. Management concluded that it is more likely than not the Bank will be unable to generate sufficient taxable income in the foreseeable future to fully utilize the cumulative net operating loss carryforward and, therefore, established a valuation allowance for the net operating loss carryforward related deferred tax asset of approximately $841,000.

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of carrying amount and estimated fair market value of investment securities classified as available-for-sale		March 31, 2015 (unaudited)
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Mortgage-backed securities:
	FHLMC certificates	$	232	$	12	$	—		$	244
	FNMA certificates		143		9		—			152
	GNMA certificates		75		3		—			78
	Total mortgage-backed securities		450		24		—			474
	Total investments available-for-sale	$	450	$	24	$	—		$	474
		31-Dec-14
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Mortgage-backed securities:
	FHLMC certificates	$	239	$	10	$	—		$	249
	FNMA certificates		154		10		—			164
	GNMA certificates		85		4		—			89
	Total mortgage-backed securities		478		24		—			502
	Total investments available-for-sale	$	478	$	24	$	—		$	502
Schedule of carrying amount and estimated fair market value of investment securities classified as held-to-maturity		March 31, 2015 (unaudited)
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Investments held-to-maturity:
	U.S. Government securities:
	FHLMC bonds	$	4,997	$	9	$	(4	)	$	5,002
	FNMA bonds		1,000		—		(2	)		998
	FFCB bonds		2,000		—		(30	)		1,970
	Total U.S. Government securities		7,997		9		(36	)		7,970
	Mortgage-backed securities:
	FHLMC certificates		1,391		109		—			1,500
	FNMA certificates		2,968		185		—			3,153
	GNMA certificates		480		44		—			524
	Total mortgage backed securities		4,839		338		—			5,177
	Total investments held-to-maturity	$	12,836	$	347	$	(36	)	$	13,147
		December 31, 2014
	(Dollars in thousands)	Amortized		Gross		Gross			Estimated
		Cost		Unrealized		Unrealized			Fair
				Gains		Losses			Value
	Investments held-to-maturity:
	U.S. Government securities:
	FHLMC bonds	$	4,997	$	10	$	(15	)	$	4,992
	FNMA bonds		1,000		—		(26	)		974
	FFCB bonds		3,000		—		(67	)		2,933
	Total U.S. Government securities		8,997		10		(108	)		8,899
	Mortgage-backed securities:
	FHLMC certificates		1,466		107		—			1,573
	FNMA certificates		3,181		203		—			3,384
	GNMA certificates		495		47		—			542
	Total mortgage backed securities		5,142		357		—			5,499
	Total investments held-to-maturity	$	14,139	$	367	$	(108	)	$	14,398
Schedule of unrealized losses are considered temporary		March 31, 2015 (unaudited)
		Less than 12 Months				12 Months or More						Total
	(Dollars in thousands)	Fair Value		Unrealized		Fair Value			Unrealized			Fair Value		Unrealized
				Losses					Losses					Losses
	Mortgage-backed securities	$	—	$	—	$	—		$	—		$	—	$	—
	U.S. Government securities		—		—		7,970			(36	)		7,970		(36	)
	Total temporarily impaired securities	$	—	$	—	$	7,970		$	(36	)	$	7,970	$	(36	)
		31-Dec-14
		Less than 12 Months				12 Months or More						Total
		Fair Value		Unrealized		Fair Value			Unrealized			Fair Value		Unrealized
				Losses					Losses					Losses
	(Dollars in thousands)
	Mortgage-backed securities	$	—	$	—	$	—		$	—		$	—	$	—
	U.S. Government securities		—		—		4,889			(108	)		4,889		(108	)
	Total temporarily impaired securities	$	—	$	—	$	4,889		$	(108	)	$	4,889	$	(108	)
Schedule of maturities of debt securities		Amortized		Fair
		Cost		Value
		(in thousands)		(in thousands)
	Due over one year through five years	$	999	$	1,002
	Due over five years through ten years		3,000		2,998
	Due after ten years		3,998		3,970
	Mortgage-backed securities		5,289		5,651
	Total	$	13,286	$	13,621

LOANS_RECEIVABLE_Tables

LOANS RECEIVABLE (Tables)	3 Months Ended
	Mar. 31, 2015
Receivables [Abstract]
Schedule of loans receivable		March 31,			December 31,
		2015			2014
	(Dollars in thousands)	(unaudited)
	Secured by real estate:
	Residential:
	One-to four-family	$	80,973		$	83,227
	Multi-family		2,143			2,160
	Total		83,116			85,387
	Non-residential		9,361			9,230
	Construction and land loans		4,904			4,856
	Home equity line of credit (“HELOC”)		5,068			5,106
	Consumer and other loans:
	Loans to depositors, secured by savings		4			5
			102,453			104,584
	Add:
	Net (discount) premium on purchased loans		(9	)		(8	)
	Unamortized net deferred costs		34			35
	Less:
	Undisbursed portion of construction loans		(897	)		(897	)
	Unearned net loan origination fees		(45	)		(47	)
	Less allowance for loan losses		(1,723	)		(1,731	)
	Loans receivable, net	$	99,813		$	101,936
Schedule of allowance for loan losses and recorded investment	Allowance for loan losses and recorded investment in loans for the three months ended March 31, 2015 (unaudited) is as follows:
	(Dollars in thousands)	Residential			Non-			Construction					Total
					residential
		Real Estate,						and
					Real Estate
		HELOC,						Land			Unallocated
		and
		Consumer
	Allowance for loan losses:
	Beginning balance	$	1,228		$	79		$	174		$	250	$	1,731
	Charge-offs		(16	)		—			—			—		(16	)
	Recoveries		2			—			—			—		2
	Provisions		6			—			—			—		6
	Ending balance	$	1,220		$	79		$	174		$	250	$	1,723
	Allowance for loan losses:
	Ending balance: individually evaluated for impairment	$	51		$	—		$	—			—	$	51
	Ending balance: collectively evaluated for impairment	$	1,169		$	79		$	174		$	250	$	1,672
	Loans:
	Ending balance: individually evaluated for impairment	$	5,387		$	1,963		$	2,221			—	$	9,571
	Ending balance: collectively evaluated for impairment	$	82,801		$	7,398		$	2,683			—	$	92,882
	Allowance for loan losses and recorded investment in loans for the three months ended March 31, 2014 (unaudited) is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Unallocated		Total
					residential
		Real Estate,						and
					Real Estate
		HELOC,						Land
		and
		Consumer
	Allowance for loan losses:
	Beginning balance	$	1,586		$	127		$	77		$	—	$	1,790
	Charge-offs		(48	)		—			(88	)		—		(136	)
	Recoveries		—			—			—			—		—
	Provisions		(5	)		—			—			—		(5	)
	Ending balance	$	1,533		$	127		$	(11	)	$	—	$	1,649
	Allowance for loan losses:
	Ending balance: individually evaluated for impairment	$	54		$	—		$	—			—	$	54
	Ending balance: collectively evaluated for impairment	$	1,479		$	127		$	(11	)	$	—	$	1,595
	Loans:
	Ending balance: individually evaluated for impairment	$	5,262		$	2,747		$	2,927		$	—	$	10,936
	Ending balance: collectively evaluated for impairment	$	92,047		$	7,876		$	2,682		$	—	$	102,605
	Allowance for loan losses and recorded investment in loans for the year ended December 31, 2014 is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Unallocated		Total
					residential
		Real Estate,						and
					Real Estate
		HELOC,						Land
		and
		Consumer
	Allowance for loan losses:
	Beginning balance	$	1,586		$	127		$	77		$	—	$	1,790
	Charge-offs		(123	)		(39	)		(722	)		—		(884	)
	Recoveries		2			13			—			—		15
	Provisions		(237	)		(22	)		819			250		810
	Ending balance	$	1,228		$	79		$	174		$	250	$	1,731
	Allowance for loan losses:
	Ending balance: individually evaluated for impairment	$	45		$	—		$	—		$	—	$	45
	Ending balance: collectively evaluated for impairment	$	1,183		$	79		$	174		$	250	$	1,686
	Loans:
	Ending balance: individually evaluated for impairment	$	5,280		$	1,979		$	2,240		$	—	$	9,499
	Ending balance: collectively evaluated for impairment	$	85,218		$	7,251		$	2,616		$	—	$	95,085
Schedule of credit risk classification	Credit risk profile by internally assigned classification as of March 31, 2015 (unaudited) is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and Consumer
	Non-classified	$	83,576		$	7,567		$	2,745		$	93,888
	Special mention		2,002			—			142			2,144
	Substandard		2,610			1,794			2,017			6,421
	Doubtful		—			—			—			—
	Loss		—			—			—			—
	Total	$	88,188		$	9,361		$	4,904		$	102,453
	Credit risk profile by internally assigned classification as of December 31, 2014 is as follows:
	(Dollars in thousands)	Residential			Non-residential			Construction			Total
		Real Estate,			Real Estate			and Land
		HELOC,
		and Consumer
	Non-classified	$	85,231		$	7,420		$	2,616		$	95,267
	Special mention		2,793			—			144			2,937
	Substandard		2,474			1,810			2,096			6,380
	Doubtful		—			—			—			—
	Loss		—			—			—			—
	Total	$	90,498		$	9,230		$	4,856		$	104,584
Schedule of impaired loans	Impaired loans as of and for the three months ended March 31, 2015 (unaudited) is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
	With no related allowance recorded:
	Recorded investment	$	4,322		$	1,963		$	2,221		$	8,506
	Unpaid principal balance		5,127			2,007			3,241			10,375
	Average recorded investment, for the three months ended March 31, 2015		4,357			1,966			2,227			8,550
	Interest income recognized		57			11			28			96
	Interest income foregone		20			13			3			36
	With an allowance recorded:
	Recorded investment		1,065			—			—			1,065
	Unpaid principal balance		1,065			—			—			1,065
	Related allowance		51			—			—			51
	Average recorded investment, for the three months ended March 31, 2015		1,067			—			—			1,067
	Interest income recognized		8			—			—			8
	Interest income foregone		—			—			—			—
	Total:
	Recorded investment		5,387			1,963			2,221			9,571
	Unpaid principal balance		6,192			2,007			3,241			11,440
	Related allowance		51			—			—			51
	Average recorded investment, for the three months ended March 31, 2015		5,424			1,966			2,227			9,617
	Interest income recognized		65			11			28			104
	Interest income foregone		20			13			3			36
	Impaired loans as of and for the three months ended March 31, 2014 (unaudited) is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
	With no related allowance recorded:
	Recorded investment	$	3,889		$	2,747		$	2,927		$	9,563
	Unpaid principal balance		4,523			2,768			3,307			10,598
	Average recorded investment, for the three months ended March 31, 2014		4,064			2,617			2,919			9,600
	Interest income recognized		60			13			30			103
	Interest income foregone		33			21			8			62
	With an allowance recorded:
	Recorded investment		1,373			—			—			1,373
	Unpaid principal balance		1,426			—			—			1,426
	Related allowance		54			—			—			54
	Average recorded investment, for the three months ended March 31, 2014		1,375			—			—			1,375
	Interest income recognized		13			—			—			13
	Interest income foregone		1			—			—			1
	Total:
	Recorded investment		5,262			2,747			2,927			10,936
	Unpaid principal balance		5,949			2,768			3,307			12,024
	Related allowance		54			—			—			54
	Average recorded investment, for the three months ended March 31, 2014		5,439			2,617			2,919			10,975
	Interest income recognized		73			13			30			116
	Interest income foregone		34			21			8			63
	Impaired loans as of and for the year ended December 31, 2014 is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
With no related allowance recorded:
Recorded investment	$	4,389		$	1,979		$	2,240		$	8,608
Unpaid principal balance		5,204			2,021			3,260			10,485
Average recorded investment, for the twelve months ended December 31, 2014		4,577			2,640			2,691			9,908
Interest income recognized		251			66			107			424
Interest income foregone		91			48			8			147
With an allowance recorded:
Recorded investment		891			—			—			891
Unpaid principal balance		891			—			—			891
Related allowance		45			—			—			45
Average recorded investment, for the twelve months ended December 31, 2014		898			—			—			898
Interest income recognized		34			—			—			34
Interest income foregone		4			—			—			4
Total:
Recorded investment		5,280			1,979			2,240			9,499
Unpaid principal balance		6,095			2,021			3,260			11,376
Related allowance		45			—			—			45
Average recorded investment, for the twelve months ended December 31, 2014		5,475			2,640			2,691			10,806
Interest income recognized		285			66			107			458
Interest income foregone		95			48			8			151
Schedule of aged analysis of past due loans	An aged analysis of past due loans as of March 31, 2015 (unaudited) is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and
		Consumer
	Current	$	86,278		$	8,980		$	4,776		$	100,034
	30 – 59 days past due		821			79			—			900
	60 – 89 days past due		—			—			—			—
	Greater than 90 day past due and still accruing		6			—			—			6
	Greater than 90 days past due		1,083			302			128			1,513
	Total past due		1,910			381			128			2,419
	Total	$	88,188		$	9,361		$	4,904		$	102,453
	An aged analysis of past due loans as of December 31, 2014 is as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
					residential
		Real Estate,						and Land
					Real Estate
		HELOC,
		and
		Consumer
	Current	$	88,268		$	8,932		$	4,664		$	101,864
	30 – 59 days past due		981			—			—			981
	60 – 89 days past due		154			—			—			154
	Greater than 90 day past due and still accruing		—			—			—			—
	Greater than 90 days past due		1,095			298			192			1,585
	Total past due		2,230			298			192			2,720
	Total	$	90,498		$	9,230		$	4,856		$	104,584
Schedule of non-performing loans	Non-performing loans as of March 31, 2015 (unaudited) are as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and
		Consumer
	Non-accruing troubled debt restructured loans	$	1,052		$	1,358		$	61		$	2,471
	Other non-accrual loans		867			383			128			1,378
	Total non-accrual loans		1,919			1,741			189			3,849
	Accruing troubled debt restructured loans		2,519			222			1,889			4,630
	Total	$	4,438		$	1,963		$	2,078		$	8,479
	Non-performing loans as of December 31, 2014 are as follows:
	(Dollars in thousands)	Residential			Non-			Construction			Total
		Real Estate,			residential			and Land
		HELOC,			Real Estate
		and
		Consumer
	Non-accruing troubled debt restructured loans	$	866		$	1,368		$	64		$	2,298
	Other non-accrual loans		917			—			128			1,045
	Total non-accrual loans		1,783			1,368			192			3,343
	Accruing troubled debt restructured loans		2,539			227			1,904			4,670
	Total	$	4,322		$	1,595		$	2,096		$	8,013
Schedule of loans classified as troubled debt restructurings	The following includes loans classified as troubled debt restructurings during the three months ended March 31, 2015 (unaudited).
	(Dollars in thousands)	Number of			Pre-			Post-
		Contracts			modification			modification
					Outstanding			Outstanding
					Recorded			Recorded
					Investment			Investment
	Residential real estate and consumer		7		$	844		$	844
	Non-residential real estate		—			—			—
	Construction and land		—			—			—
	Total		7		$	844		$	844
	The following includes loans classified as troubled debt restructurings during the three months ended March 31, 2014 (unaudited).
	(Dollars in thousands)	Number of			Pre-			Post-
		Contracts			modification			modification
					Outstanding			Outstanding
					Recorded			Recorded
					Investment			Investment
	Residential real estate and consumer		—		$	—		$	—
	Non-residential real estate		—			—			—
	Construction and land		—			—			—
	Total		—		$	—		$	—
Schedule of loans classified as troubled debt restructurings that subsequently defaulted	The following includes loans classified as troubled debt restructures that subsequently defaulted during the three months ended March 31, 2015 (unaudited).
		During the Three Months Ended
		at Marh 31, 2015 (unaudited)
	(Dollars in thousands)	Number of			Recorded
		Contracts			Investment
	TDRs that subsequently defaulted
	Residential real estate and consumer		—		$	—
	Non-residential real estate		—			—
	Construction and land		—			—
	The following includes loans classified as troubled debt restructures that subsequently defaulted during the year ended March 31, 2014 (unaudited).
		During Three Months Ended
		March 31, 2014 (Unaudited)
	(Dollars in thousands)	Number of			Recorded
		Contracts			Investment
	TDRs that subsequently defaulted
	Residential real estate and consumer		—		$	—
	Non-residential real estate		—			—
	Construction and land		—			—

OTHER_REAL_ESTATE_OWNED_Tables

OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2015
Other Real Estate [Abstract]
Schedule of activity in residential other real estate owned	(Dollars in thousands)
	BALANCE AS OF DECEMBER 31, 2014	$	379
	Additions		—
	Transfers from Loans		—
	Transfers to Loans		(41	)
	Sales		—
	Provisions		(51	)
	BALANCE AS OF MARCH 31, 2015 (unaudited)	$	287

DEPOSITS_Tables

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2015
Deposit Assets Disclosure [Abstract]
Schedule of deposit liabilities		March 31,		December 31,
				2014
		2015
		(unaudited)
	(Dollars in thousands)
	Non-interest-bearing deposits	$	950	$	842
	NOW and Money market		20,866		20,895
	Savings		14,919		15,143
	Certificates of deposit		60,602		61,593
	Total deposits	$	97,337	$	98,473
schedule maturities of certificates of deposit	(Dollars in thousands)
	2015	$	23,868
	2016		19,311
	2017		8,065
	2018		4,457
	2019		4,186
	2020		715
	Total	$	60,602

INCOME_TAXES_Tables

INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets and liabilities	(Dollars in thousands)	March 31,			December 31,
		2015			2014
		(unaudited)
	Deferred tax assets:
	Deferred loan fees and costs, net	$	4		$	5
	Allowance for credit losses		680			683
	Deferred compensation		86			126
	Allowance for ground rents		53			55
	Allowance for delinquent mortgage interest		282			276
	Capital loss carryforward		—			2
	Contribution carryforward		—			—
	Net operating loss carryforward		935			840
	Allowance for real estate owned		133			113
	Total deferred tax assets		2,173			2,100
	Valuation allowance		(936	)		(843	)
	Deferred tax assets after valuation allowance		1,237			1,257
	Deferred tax liabilities:
	Depreciation		128			128
	Unrealized gain on available-for-sale securities		9			9
	Total deferred tax liabilities		137			137
	Net deferred tax assets	$	1,100		$	1,120
Schedule of valuation allowance for deferred taxes		Valuation
		Allowance
	Balance of January 1, 2014	$	(42	)
	Expiration of capital loss carryforwards		40
	Increase in valuation allowance		(841	)
	Balance of December 31, 2014	$	(843	)
	Increase in valuation allowance		(93	)
	Balance of March 31, 2015	$	(936	)

REGULATORY_CAPITAL_REQUIREMENT1

REGULATORY CAPITAL REQUIREMENTS (Tables)	3 Months Ended
	Mar. 31, 2015
Regulatory Capital Requirements [Abstract]
Schedule of bank's capital position based		Actual					Minimum Requirements for
							Capital Adequacy Purposes and
							to be Adequately Capitalized
							Under the Prompt Corrective
							Action Provisions
	(Dollars in thousands)	Amount		Ratio			Amount		Ratio
	As of March 31, 2015 (unaudited):
	Total risk-based capital (to risk-weighted assets)	$	26,541		35.16	%	$	6,038		≥8.0	%
	Tier I capital (to risk-weighted assets)		25,589		33.9			4,529		≥6.0
	Tier I capital (to adjusted total assets)		25,589		17.62			5,809		≥4.0
	Common equity tier 1 capital (to risk weighted assets)		25,589		33.9			3,397		>4.5
	As of December 31, 2014:
	Total risk-based capital (to risk-weighted assets)	$	26,739		33.97	%	$	6,298		≥8.0	%
	Tier I capital (to risk-weighted assets)		25,746		32.7			3,149		≥4.0
	Tier I capital (to adjusted total assets)		25,746		17.09			6,027		≥4.0
Schedule of reconciliation of bank's GAAP capital		March 31,		December 31,
		2015		2014
	(Dollars in thousands)	(unaudited)
	Total Company equity capital	$	35,640	$	35,814
	LESS: Parent Only Equity		10,036		10,053
	LESS: Net unrealized gains on available-for-sale securities		15		15
	LESS: Disallowed deferred tax assets		—		—
	Tier 1 Capital	$	25,589	$	25,746
	Tier 1 Capital	$	25,589	$	25,746
	Allowance for loan and lease losses includible in Tier 2 capital		952		993
	Total risk-based capital	$	26,541	$	26,739

OTHER_COMPREHENSIVE_INCOME_Tab

OTHER COMPREHENSIVE INCOME (Tables)	3 Months Ended
	Mar. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Schedule of components of other comprehensive gains and losses	(Dollars in thousands)	Before Tax		Tax Effect			Net of Tax
	Three Months Ended March 31, 2015 (unaudited)
	Net unrealized gain on securities available-for-sale	$	—	$	—		$	—
	Other Comprehensive Gain	$	—	$	—		$	—
	Three Months Ended March 31, 2014 (unaudited)
	Net unrealized loss on securities available-for-sale	$	9	$	(3	)	$	6
	Other Comprehensive Loss	$	9	$	(3	)	$	6
Schedule of components of accumulated other comprehensive income, net of tax	(Dollars in thousands)	Securities		Accumulated Other
		Available-for-		Comprehensive
		Sale		Income
	Three Months Ended March 31, 2015 (unaudited)
	Balance at Beginning of Year	$	15	$	15
	Other comprehensive loss		—		—
	Balance at End of Period	$	15	$	15
	(Dollars in thousands)	Securities		Accumulated Other
		Available-for-		Comprehensive
		Sale		Income
	Three Months Ended March 31, 2014 (unaudited)
	Balance at Beginning of Year	$	7	$	7
	Other comprehensive gain		6		6
	Balance at End of Period	$	13	$	13

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Schedule of basic and diluted weighted average shares outstanding		Three Months Ended March 31, 2015 (unaudited)
	(Dollars in thousands, except per	Income (Loss)			Shares		Per Share
	share amount)	(Numerator)			(Denominator)		Amount
	Basic EPS
	Net loss available to shareholders	$	(204	)		1,948,600	$	(0.10	)
	Diluted EPS
	Effect of dilutive shares		—			—		—
	Net loss available to shareholders	$	(204	)		1,948,600	$	(0.10	)

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of fair value on a recurring basis		Fair Value Measurements at March 31, 2015 (unaudited) Using:
	Description  (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total Changes
		March 31,		in Active		Observable		Unobservable		Gains and		in Fair Values
		2015		Markets for		Inputs		Inputs		(Losses)		Included in
				Identical Assets		(Level 2)		(Level 3)				Period
				(Level 1)								Earnings
	Mortgage-backed securities:
	FHLMC AFS	$	244	$	—		244	$	—	$	—	$	—
	FNMA AFS		152		—		152		—		—		—
	GNMA  AFS		78		—		78		—		—		—
	Total assets measured at fair value on a recurring basis	$	474	$	—		474	$	—	$	—	$	—
		Fair Value Measurements at December 31, 2014 Using:
	Description  (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total Changes
		December 31,		in Active		Observable		Unobservable		Gains and		in Fair Values
		2014		Markets for		Inputs		Inputs		(Losses)		Included in
				Identical Assets		(Level 2)		(Level 3)				Period
				(Level 1)								Earnings
	Mortgage-backed securities:
	FHLMC AFS	$	249	$	—		249	$	—	$	—	$	—
	FNMA AFS		164		—		164		—		—		—
	GNMA  AFS		89		—		89		—		—		—
	Total assets measured at fair value on a recurring basis	$	502	$	—		502	$	—	$	—	$	—
Schedule of fair value on a nonrecurring basis		Fair Value Measurements at March 31,2015 (unaudited) Using:
	Description (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total
												Changes
		March 31,		in Active		Observable		Unobservable		Gains and
												in Fair
		2015		Markets for		Inputs		Inputs		(Losses)		Values
				Identical Assets		(Level 2)		(Level 3)				Included in
				(Level 1)								Period
												Earnings
	Impaired loans:
	Residential	$	5,336	$	—	$	4,322	$	1,014	$	—	$	—
	Commercial		1,963		—		1,963		—		—		—
	Land		2,221		—		2,221		—		—		—
	Construction		—		—		—		—		—		—
	Other real estate owned		287		—		287		—		—		(51	)
	Total assets measured at fair	$	9,807	$	—	$	8,793	$	1,014	$	—	$	(51	)
	value on a non-recurring basis
		Fair Value Measurements at December 31, 2014 Using:
	Description (Dollars in thousands)	Fair Value		Quoted Prices		Other		Significant		Trading		Total Changes
		December		in Active		Observable		Unobservable		Gains and		in Fair Values
		31,		Markets for		Inputs		Inputs		(Losses)		Included in
		2014		Identical Assets		(Level 2)		(Level 3)				Period
				(Level 1)								Earnings
	Impaired loans:
	Residential	$	5,235	$	—	$	4,389	$	846	$	—	$	—
	Commercial		1,979		—		1,979		—		—		—
	Land		2,240		—		2,240		—		—		—
	Construction		—		—		—		—		—		—
	Other real estate owned		379		—		379		—		—		(118	)
	Total assets measured at fair value on a non-recurring basis	$	9,833	$	—	$	8,987	$	846	$	—	$	(118	)
Schedule of estimated fair values of financial instruments	(Dollars in thousands)	Carrying Value		Fair Value		Quoted Prices		Other		Significant
		March  31, 2015		31-Mar-15		In Active		Observable		Observable
						Markets For		Inputs		Inputs
						Identical Assets		(Level 2)		(Level 3)
						(Level 1)
		(unaudited)		(unaudited)
	ASSETS
	Cash, interest bearing deposits and federal funds sold	$	5,290	$	5,290	$	—	$	5,290	$	—
	Other interest bearing deposits in other banks		21,650		21,650		—		21,650		—
	Investment securities		13,310		13,621		—		13,621		—
	Federal Home Loan Bank stock		805		805		—		805		—
	Loans, net		99,813		98,581		—		8,793		89,788
	Bank owned life insurance		860		860		—		860		—
	Accrued interest receivable		360		360		—		360		—
	LIABILITIES
	Deposits	$	97,337	$	95,378	$	—	$	—	$	95,378
	FHLB Borrowings		14,750		15,409		—		—		15,409
	(Dollars in thousands)	Carrying Value		Fair Value		Quoted Prices		Other		Significant
		December 31,		December 31,		In Active		Observable		Observable
		2014		2014		Markets For		Inputs		Inputs
						Identical Assets		(Level 2)		(Level 3)
						(Level 1)
	ASSETS
	Cash, interest bearing deposits and federal funds sold	$	15,190	$	15,190	$	—	$	15,190	$	—
	Other interest bearing deposits in other banks		10,445		10,445		—		10,445		—
	Investment securities		14,641		14,900		—		14,900		—
	Federal Home Loan Bank stock		929		929		—		929		—
	Loans, net		101,936		98,301		—		8,987		89,314
	Bank owned life insurance		847		847		—		847		—
	Accrued interest receivable		337		337		—		337		—
	LIABILITIES
	Deposits	$	98,473	$	97,673	$	—	$	—	$	97,673
	FHLB Borrowings		15,750		16,246		—		—		16,246

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) (USD $)	2 Months Ended	3 Months Ended		12 Months Ended
	Dec. 29, 2014	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
		impaired_loans
Accounting Policies [Abstract]
Number of shares sold	2,116,000
Gross offering proceeds	$21,160,000
Conversion cost		995,000
Provision for loan losses		6,000	-5,000	810,000
Provision for losses on other real estate owned		51,000		118,000
Unallocated reserve				250,000
Number of impaired loans		4
Loss before income tax benefit				882,000
Valuation allowance for net operating loss carryforward		935,000		840,000
Valuation allowance		$936,000		$843,000

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Amortized Cost	$450	$478
Gross Unrealized Gains	24	24
Gross Unrealized Losses
Estimated Fair Value	474	502
Mortgage-backed securities
Schedule of Investments [Line Items]
Amortized Cost	450	478
Gross Unrealized Gains	24	24
Gross Unrealized Losses
Estimated Fair Value	474	502
FHLMC certificates
Schedule of Investments [Line Items]
Amortized Cost	232	239
Gross Unrealized Gains	12	10
Gross Unrealized Losses
Estimated Fair Value	244	249
FNMA certificates
Schedule of Investments [Line Items]
Amortized Cost	143	154
Gross Unrealized Gains	9	10
Gross Unrealized Losses
Estimated Fair Value	152	164
GNMA certificates
Schedule of Investments [Line Items]
Amortized Cost	75	85
Gross Unrealized Gains	3	4
Gross Unrealized Losses
Estimated Fair Value	$78	$89

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 1) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$12,836	$14,139
Gross Unrealized Gains	347	367
Gross Unrealized Losses	-36	-108
Estimated Fair Value	13,147	14,398
U.S. Government securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	7,997	8,997
Gross Unrealized Gains	9	10
Gross Unrealized Losses	-36	-108
Estimated Fair Value	7,970	8,899
FHLMC bonds
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	4,997	4,997
Gross Unrealized Gains	9	10
Gross Unrealized Losses	-4	-15
Estimated Fair Value	5,002	4,992
FNMA bonds
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	1,000	1,000
Gross Unrealized Gains
Gross Unrealized Losses	-2	-26
Estimated Fair Value	998	974
FFCB bonds
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,000	3,000
Gross Unrealized Gains
Gross Unrealized Losses	-30	-67
Estimated Fair Value	1,970	2,933
Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	4,839	5,142
Gross Unrealized Gains	338	357
Gross Unrealized Losses
Estimated Fair Value	5,177	5,499
FHLMC certificates
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	1,391	1,466
Gross Unrealized Gains	109	107
Gross Unrealized Losses
Estimated Fair Value	1,500	1,573
FNMA certificates
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,968	3,181
Gross Unrealized Gains	185	203
Gross Unrealized Losses
Estimated Fair Value	3,153	3,384
GNMA certificates
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	480	495
Gross Unrealized Gains	44	47
Gross Unrealized Losses
Estimated Fair Value	$524	$542

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Less than 12 Months: Fair Value
Less than 12 Months: Unrealized Losses
More than 12 Months: Fair Value	7,970	4,889
More than 12 Months: Unrealized Losses	-36	-108
Total: Fair Value	7,970	4,889
Total: Unrealized Losses	-36	-108
Mortgage-backed securities
Schedule of Investments [Line Items]
Less than 12 Months: Fair Value
Less than 12 Months: Unrealized Losses
More than 12 Months: Fair Value
More than 12 Months: Unrealized Losses
Total: Fair Value
Total: Unrealized Losses
U.S. Government securities
Schedule of Investments [Line Items]
Less than 12 Months: Fair Value
Less than 12 Months: Unrealized Losses
More than 12 Months: Fair Value	7,970	4,889
More than 12 Months: Unrealized Losses	-36	-108
Total: Fair Value	7,970	4,889
Total: Unrealized Losses	($36)	($108)

INVESTMENT_SECURITIES_Details_2

INVESTMENT SECURITIES (Details 3) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Amortized Cost
Due over one year through five years - Amortized Cost	$999
Due over five years through ten years - Amortized Cost	3,000
Due after ten years - Amortized Cost	3,998
Mortgage-backed securities - Amortized Cost	5,289
Total - Amortized Cost	13,286
Fair Value
Due over one year through five years - Fair Value	1,002
Due over five years through ten years - Fair Value	2,998
Due after ten years - Fair Value	3,970
Mortgage-backed securities - Fair Value	5,651
Total - Fair Value	$13,621

LOANS_RECEIVABLE_Details

LOANS RECEIVABLE (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less allowance for loan losses	($1,723)	($1,731)
Loans, net	99,813	101,936
Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	102,453	104,584
Net (discount) premium on purchased loans	-9	-8
Unamortized net deferred costs	34	35
Undisbursed portion of construction loans	-897	-897
Unearned net loan origination fees	-45	-47
Less allowance for loan losses	-1,723	-1,731	-1,649	-1,790
Loans, net	99,813	101,936
Loans Receivable | One-to four family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	80,973	83,227
Loans Receivable | Multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,143	2,160
Loans Receivable | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	83,116	85,387
Loans Receivable | Non-residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9,361	9,230
Less allowance for loan losses	-79	-79	-127	-127
Loans Receivable | Construction and land loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	4,904	4,856
Less allowance for loan losses	-174	-174	11	-77
Loans Receivable | Home equity line of credit ("HELOC")
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	5,068	5,106
Loans Receivable | Loans to depositors, secured by savings
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$4	$5

LOANS_RECEIVABLE_Details_1

LOANS RECEIVABLE (Details 1) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$1,731
Provisions	6	-5
Ending balance	1,723
Loans Receivable
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,731	1,790	1,790
Charge-offs	-16	-136	-884
Recoveries	2		15
Provisions	6	-5	810
Ending balance	1,723	1,649	1,731
Allowance for loan losses:
Ending balance: individually evaluated for impairment	51	54	45
Ending balance: collectively evaluated for impairment	1,672	1,595	1,686
Loans:
Ending balance: individually evaluated for impairment	9,571	10,936	9,499
Ending balance: collectively evaluated for impairment	92,882	102,605	95,085
Loans Receivable | Residential Real Estate, HELOC, and Consumer
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,228	1,586	1,586
Charge-offs	-16	-48	-123
Recoveries	2		2
Provisions	6	-5	-237
Ending balance	1,220	1,533	1,228
Allowance for loan losses:
Ending balance: individually evaluated for impairment	51	54	45
Ending balance: collectively evaluated for impairment	1,169	1,479	1,183
Loans:
Ending balance: individually evaluated for impairment	5,387	5,262	5,280
Ending balance: collectively evaluated for impairment	82,801	92,047	85,218
Loans Receivable | Non-residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	79	127	127
Charge-offs			-39
Recoveries			13
Provisions			-22
Ending balance	79	127	79
Allowance for loan losses:
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	79	127	79
Loans:
Ending balance: individually evaluated for impairment	1,963	2,747	1,979
Ending balance: collectively evaluated for impairment	7,398	7,876	7,251
Loans Receivable | Construction and land loans
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	174	77	77
Charge-offs		-88	-722
Recoveries
Provisions			819
Ending balance	174	-11	174
Allowance for loan losses:
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	174	-11	174
Loans:
Ending balance: individually evaluated for impairment	2,221	2,927	2,240
Ending balance: collectively evaluated for impairment	2,683	2,682	2,616
Loans Receivable | Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	250
Charge-offs
Recoveries
Provisions			250
Ending balance	250		250
Allowance for loan losses:
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	250		250
Loans:
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment

LOANS_RECEIVABLE_Details_2

LOANS RECEIVABLE (Details 2) (Loans Receivable, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment [Line Items]
Total	$102,453	$104,584
Non-classified
Financing Receivable, Recorded Investment [Line Items]
Total	93,888	95,267
Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	2,144	2,937
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	6,421	6,380
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Residential Real Estate, HELOC, and Consumer
Financing Receivable, Recorded Investment [Line Items]
Total	88,188	90,498
Residential Real Estate, HELOC, and Consumer | Non-classified
Financing Receivable, Recorded Investment [Line Items]
Total	83,576	85,231
Residential Real Estate, HELOC, and Consumer | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	2,002	2,793
Residential Real Estate, HELOC, and Consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	2,610	2,474
Residential Real Estate, HELOC, and Consumer | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Residential Real Estate, HELOC, and Consumer | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Non-residential Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total	9,361	9,230
Non-residential Real Estate | Non-classified
Financing Receivable, Recorded Investment [Line Items]
Total	7,567	7,420
Non-residential Real Estate | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Non-residential Real Estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	1,794	1,810
Non-residential Real Estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Non-residential Real Estate | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Construction and Land
Financing Receivable, Recorded Investment [Line Items]
Total	4,904	4,856
Construction and Land | Non-classified
Financing Receivable, Recorded Investment [Line Items]
Total	2,745	2,616
Construction and Land | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	142	144
Construction and Land | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	2,017	2,096
Construction and Land | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Construction and Land | Loss
Financing Receivable, Recorded Investment [Line Items]
Total

LOANS_RECEIVABLE_Details_3

LOANS RECEIVABLE (Details 3) (Loans Receivable, USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
With no related allowance recorded:
Recorded investment	$8,506	$9,563	$8,608
Unpaid principal balance	10,375	10,598	10,485
Average recorded investment	8,550	9,600	9,908
Interest income recognized	96	103	424
Interest income foregone	36	62	147
With an allowance recorded:
Recorded investment	1,065	1,373	891
Unpaid principal balance	1,065	1,426	891
Related allowance	51	54	45
Average recorded investment	1,067	1,375	898
Interest income recognized	8	13	34
Interest income foregone		1	4
Total:
Recorded investment	9,571	10,936	9,499
Unpaid principal balance	11,440	12,024	11,376
Related allowance	51	54	45
Average recorded investment	9,617	10,975	10,806
Interest income recognized	104	116	458
Interest income foregone	36	63	151
Residential Real Estate, HELOC, and Consumer
With no related allowance recorded:
Recorded investment	4,322	3,889	4,389
Unpaid principal balance	5,127	4,523	5,204
Average recorded investment	4,357	4,064	4,577
Interest income recognized	57	60	251
Interest income foregone	20	33	91
With an allowance recorded:
Recorded investment	1,065	1,373	891
Unpaid principal balance	1,065	1,426	891
Related allowance	51	54	45
Average recorded investment	1,067	1,375	898
Interest income recognized	8	13	34
Interest income foregone		1	4
Total:
Recorded investment	5,387	5,262	5,280
Unpaid principal balance	6,192	5,949	6,095
Related allowance	51	54	45
Average recorded investment	5,424	5,439	5,475
Interest income recognized	65	73	285
Interest income foregone	20	34	95
Non-residential Real Estate
With no related allowance recorded:
Recorded investment	1,963	2,747	1,979
Unpaid principal balance	2,007	2,768	2,021
Average recorded investment	1,966	2,617	2,640
Interest income recognized	11	13	66
Interest income foregone	13	21	48
With an allowance recorded:
Recorded investment
Unpaid principal balance
Related allowance
Average recorded investment
Interest income recognized
Interest income foregone
Total:
Recorded investment	1,963	2,747	1,979
Unpaid principal balance	2,007	2,768	2,021
Related allowance
Average recorded investment	1,966	2,617	2,640
Interest income recognized	11	13	66
Interest income foregone	13	21	48
Construction and Land
With no related allowance recorded:
Recorded investment	2,221	2,927	2,240
Unpaid principal balance	3,241	3,307	3,260
Average recorded investment	2,227	2,919	2,691
Interest income recognized	28	30	107
Interest income foregone	3	8	8
With an allowance recorded:
Recorded investment
Unpaid principal balance
Related allowance
Average recorded investment
Interest income recognized
Interest income foregone
Total:
Recorded investment	2,221	2,927	2,240
Unpaid principal balance	3,241	3,307	3,260
Related allowance
Average recorded investment	2,227	2,919	2,691
Interest income recognized	28	30	107
Interest income foregone	$3	$8	$8

LOANS_RECEIVABLE_Details_4

LOANS RECEIVABLE (Details 4) (Loans Receivable, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$100,034	$101,864
30 - 59 days past due	900	981
60 - 89 days past due		154
Greater than 90 day past due and still accruing	6
Greater than 90 days past due	1,513	1,585
Total past due	2,419	2,720
Total	102,453	104,584
Residential Real Estate, HELOC, and Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	86,278	88,268
30 - 59 days past due	821	981
60 - 89 days past due		154
Greater than 90 day past due and still accruing	6
Greater than 90 days past due	1,083	1,095
Total past due	1,910	2,230
Total	88,188	90,498
Non-residential Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	8,980	8,932
30 - 59 days past due	79
60 - 89 days past due
Greater than 90 day past due and still accruing
Greater than 90 days past due	302	298
Total past due	381	298
Total	9,361	9,230
Construction and Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	4,776	4,664
30 - 59 days past due
60 - 89 days past due
Greater than 90 day past due and still accruing
Greater than 90 days past due	128	192
Total past due	128	192
Total	$4,904	$4,856

LOANS_RECEIVABLE_Details_5

LOANS RECEIVABLE (Details 5) (Loans Receivable, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accruing troubled debt restructured loans	$2,471	$2,298
Other non-accrual loans	1,378	1,045
Total non-accrual loans	3,849	3,343
Accruing troubled debt restructured loans	4,630	4,670
Total	8,479	8,013
Residential Real Estate, HELOC, and Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accruing troubled debt restructured loans	1,052	866
Other non-accrual loans	867	917
Total non-accrual loans	1,919	1,783
Accruing troubled debt restructured loans	2,519	2,539
Total	4,438	4,322
Non-residential Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accruing troubled debt restructured loans	1,358	1,368
Other non-accrual loans	383
Total non-accrual loans	1,741	1,368
Accruing troubled debt restructured loans	222	227
Total	1,963	1,595
Construction and Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accruing troubled debt restructured loans	61	64
Other non-accrual loans	128	128
Total non-accrual loans	189	192
Accruing troubled debt restructured loans	1,889	1,904
Total	$2,078	$2,096

LOANS_RECEIVABLE_Details_6

LOANS RECEIVABLE (Details 6) (Loans Receivable, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
	Contract	Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts	7
Pre-modification Outstanding Recorded Investment	$844
Post-modification Outstanding Recorded Investment	844
Residential real estate and consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts	7
Pre-modification Outstanding Recorded Investment	844
Post-modification Outstanding Recorded Investment	844
Non-residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts
Pre-modification Outstanding Recorded Investment
Post-modification Outstanding Recorded Investment
Construction and Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts
Pre-modification Outstanding Recorded Investment
Post-modification Outstanding Recorded Investment

LOANS_RECEIVABLE_Details_7

LOANS RECEIVABLE (Details 7) (Loans Receivable, USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
	Contract	Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDRs that subsequently defaulted, Number of Contracts
TDRs that subsequently defaulted, Recorded Investment
Residential real estate and consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDRs that subsequently defaulted, Number of Contracts
TDRs that subsequently defaulted, Recorded Investment
Non-residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDRs that subsequently defaulted, Number of Contracts
TDRs that subsequently defaulted, Recorded Investment
Construction and Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDRs that subsequently defaulted, Number of Contracts
TDRs that subsequently defaulted, Recorded Investment

LOANS_RECEIVABLE_Detail_Textua

LOANS RECEIVABLE (Detail Textuals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Loans to value ratio	80.00%
Percentage of loan secured by certificate of deposits	100.00%
Loans amount serviced by bank	$447,000	$450,000
Residential real estate property of foreclosure totaled	$646,000

OTHER_REAL_ESTATE_OWNED_Detail

OTHER REAL ESTATE OWNED (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Other Real Estate [Roll Forward]
BALANCE AS OF DECEMBER 31, 2014	$379
Additions
Transfers from Loans
Transfers to Loans	-41
Sales
Provisions	-51
BALANCE AS OF MARCH 31, 2015 (unaudited)	$287

OTHER_REAL_ESTATE_OWNED_Detail1

OTHER REAL ESTATE OWNED (Detail Textuals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Other Real Estate [Abstract]
Other real estate owned	$287	$379

DEPOSITS_Details

DEPOSITS (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Deposit Liabilities Disclosure [Abstract]
Non-interest-bearing deposits	$950	$842
NOW and Money market	20,866	20,895
Savings	14,919	15,143
Certificates of Deposit	60,602	61,593
Total deposits	$97,337	$98,473

DEPOSITS_Details_1

DEPOSITS (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Deposit Liabilities Disclosure [Abstract]
2015	$23,868
2016	19,311
2017	8,065
2018	4,457
2019	4,186
2020	715
Total	$60,602	$61,593

DEPOSITS_Detail_Textuals

DEPOSITS (Detail Textuals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Deposit Liabilities [Line Items]
Time deposits, $100,000 or more	$27,285,000	$26,650,000
FDIC insured limit	250,000
Deposits	97,337	98,473
Officers and directors
Deposit Liabilities [Line Items]
Deposits	$579,000	$454,000

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Deferred tax assets:
Deferred loan fees and costs, net	$4	$5
Allowance for credit losses	680	683
Deferred compensation	86	126
Allowance for ground rents	53	55
Allowance for delinquent mortgage interest	282	276
Capital loss carryforward		2
Contribution carryforward
Net operating loss carryforward	935	840
Allowance for real estate owned	133	113
Total deferred tax assets	2,173	2,100
Valuation allowance	-936	-843
Deferred tax assets after valuation allowance	1,237	1,257
Deferred tax liabilities:
Depreciation	128	128
Unrealized gain on available-for-sale securities	9	9
Total deferred tax liabilities	137	137
Net deferred tax assets	$1,100	$1,120

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Deferred Tax Assets Valuation Allowance [Roll Forward]
Balance	$936	$843
Valuation allowance for Capital Loss Carryforwards
Deferred Tax Assets Valuation Allowance [Roll Forward]
Balance	-843	-42
Expiration of capital loss carryforwards		40
Increase in valuation allowance	-93	-841
Balance	($936)	($843)

INCOME_TAXES_Detail_Textuals

INCOME TAXES (Detail Textuals) (USD $)	3 Months Ended		12 Months Ended	36 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2010	Dec. 31, 2013
Operating Loss Carryforwards [Line Items]
Cumulative capital losses				$799,000
Percentage of valuation allowance establish for deferred tax assets	100.00%
Capital loss carryforwards expires			101,000		692,000
Deferred tax assets on capital loss carryforwards expires			40,000		273,000
Capital loss carryforwards expire in 2015			5,000
Deferred tax assets for capital loss carryforwards expire in 2015			2,000
Provision for loan losses	6,000	-5,000	810,000
Provision for losses on other real estate owned	51,000		118,000
Unallocated reserve			250,000
Loss before income tax benefit			882,000
Valuation allowance for net operating loss carryforward	935,000		840,000
Valuation allowance of remaining deferred tax assets and liabilities relating to the timing difference	1,100,000
Valuation allowance	936,000		843,000
Valuation allowance for Capital Loss Carryforwards
Operating Loss Carryforwards [Line Items]
Deferred tax assets on incumulative capital losses	315,000
Valuation allowance	-936,000		-843,000		-42,000
Federal and state
Operating Loss Carryforwards [Line Items]
Federal and state net operating loss carryforwards			$2,100,000

REGULATORY_CAPITAL_REQUIREMENT2

REGULATORY CAPITAL REQUIREMENTS (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Regulatory Capital Requirements [Abstract]
Total risk-based capital (to risk-weighted assets) Amount	$26,541	$26,739
Total risk-based capital (to risk-weighted assets) Ratio	35.16%	33.97%
Total risk-based capital (to risk-weighted assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Amount	6,038	6,298
Total risk-based capital (to risk-weighted assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Tier I capital (to risk-weighted assets) Amount	25,589	25,746
Tier I capital (to risk-weighted assets) Ratio	33.90%	32.70%
Tier I capital (to risk-weighted assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Amount	4,529	3,149
Tier I capital (to risk-weighted assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Ratio	6.00%	4.00%
Tier I capital (to adjusted total assets) Amount	25,589	25,746
Tier I capital (to adjusted total assets) Ratio	17.62%	17.09%
Tier I capital (to adjusted total assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Amount	5,809	6,027
Tier I capital (to adjusted total assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Ratio	4.00%	4.00%
Common equity tier 1 capital (to risk weighted assets) Amount	25,589
Common equity tier 1 capital (to risk weighted assets) Ratio	33.90%
Common equity tier 1 capital (to risk weighted assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Amount	$3,397
Common equity tier 1 capital (to risk weighted assets) Minimum Requirements for Capital Adequacy Purposes and to be Adequately Capitalized Under the Prompt Corrective Action Provisions, Raito	4.50%

REGULATORY_CAPITAL_REQUIREMENT3

REGULATORY CAPITAL REQUIREMENTS (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Regulatory Capital Requirements [Abstract]
Total bank equity capital	$35,640	$35,814
LESS: Parent Only Equity	10,036	10,053
LESS: Net unrealized gains (losses) on available-for-sale securities	15	15
LESS: Disallowed deferred tax assets
Tier 1 Capital	25,589	25,746
Tier 1 Capital	25,589	25,746
Allowance for loan and lease losses includible in Tier 2 capital	952	993
Total risk-based capital	$26,541	$26,739

OTHER_COMPREHENSIVE_INCOME_Det

OTHER COMPREHENSIVE INCOME (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Net unrealized gain (loss) on securities available-for-sale, Before Tax		$9
Net unrealized gain (loss) on securities available-for-sale, Tax Effect		-3
Net unrealized gain (loss) on securities available-for-sale, Net of Tax		6
Other Comprehensive Gain (Loss), Before Tax		9
Other Comprehensive Gain (Loss),Tax Effect		-3
Other Comprehensive Gain (Loss), Net of Tax		$6

OTHER_COMPREHENSIVE_INCOME_Det1

OTHER COMPREHENSIVE INCOME (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at Beginning of Year			$15
Balance at End of Period	15		15
Securities Available-for-sale
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at Beginning of Year	15	7
Other comprehensive loss		6
Balance at End of Period	15	13
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at Beginning of Year	15	7
Other comprehensive loss		6
Balance at End of Period	$15	$13

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015
Basic EPS
Net loss available to shareholders	($204)
Shares (Denominator)	1,948,600
Basic loss per share (in dollars per share)	($0.10)
Diluted EPS
Net loss available to shareholders	-204
Shares (Denominator)	1,948,600
Effect of dilutive shares
Diluted loss per share (in dollars per share)	($0.10)

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Mortgage backed securities:
Trading Gains and (Losses)
Total Changes in Fair Values Included in Period Earnings
Total assets measured at fair value on a recurring basis	474	502
Recurring basis | FHLMC AFS
Mortgage backed securities:
Trading Gains and (Losses)
Total Changes in Fair Values Included in Period Earnings
Total assets measured at fair value on a recurring basis	244	249
Recurring basis | FNMA AFS
Mortgage backed securities:
Trading Gains and (Losses)
Total Changes in Fair Values Included in Period Earnings
Total assets measured at fair value on a recurring basis	152	164
Recurring basis | GNMA
Mortgage backed securities:
Trading Gains and (Losses)
Total Changes in Fair Values Included in Period Earnings
Total assets measured at fair value on a recurring basis	78	89
Recurring basis | Quoted Prices In Active Markets for Identical Assets (Level 1)
Mortgage backed securities:
Trading Gains and (Losses)
Total Changes in Fair Values Included in Period Earnings
Total assets measured at fair value on a recurring basis
Recurring basis | Quoted Prices In Active Markets for Identical Assets (Level 1) | FHLMC AFS
Mortgage backed securities:
Total assets measured at fair value on a recurring basis
Recurring basis | Quoted Prices In Active Markets for Identical Assets (Level 1) | FNMA AFS
Mortgage backed securities:
Total assets measured at fair value on a recurring basis
Recurring basis | Quoted Prices In Active Markets for Identical Assets (Level 1) | GNMA
Mortgage backed securities:
Total assets measured at fair value on a recurring basis
Recurring basis | Other Observable Inputs (Level 2)
Mortgage backed securities:
Total assets measured at fair value on a recurring basis	474	502
Recurring basis | Other Observable Inputs (Level 2) | FHLMC AFS
Mortgage backed securities:
Total assets measured at fair value on a recurring basis	244	249
Recurring basis | Other Observable Inputs (Level 2) | FNMA AFS
Mortgage backed securities:
Total assets measured at fair value on a recurring basis	152	164
Recurring basis | Other Observable Inputs (Level 2) | GNMA
Mortgage backed securities:
Total assets measured at fair value on a recurring basis	78	89
Recurring basis | Significant Unobservable Inputs (Level 3)
Mortgage backed securities:
Total assets measured at fair value on a recurring basis
Recurring basis | Significant Unobservable Inputs (Level 3) | FHLMC AFS
Mortgage backed securities:
Total assets measured at fair value on a recurring basis
Recurring basis | Significant Unobservable Inputs (Level 3) | FNMA AFS
Mortgage backed securities:
Total assets measured at fair value on a recurring basis
Recurring basis | Significant Unobservable Inputs (Level 3) | GNMA
Mortgage backed securities:
Total assets measured at fair value on a recurring basis

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 1) (Fair value measurements, nonrecurring, USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Gains and (Losses)
Total Changes in Fair Values Included in period earnings	-51	-118
Impaired loans - Residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Gains and (Losses)
Total Changes in Fair Values Included in period earnings
Impaired loans - Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Gains and (Losses)
Total Changes in Fair Values Included in period earnings
Impaired loans - Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Gains and (Losses)
Total Changes in Fair Values Included in period earnings
Impaired loans - Construction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Gains and (Losses)
Total Changes in Fair Values Included in period earnings
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Gains and (Losses)
Total Changes in Fair Values Included in period earnings	-51	-118
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	9,807	9,833
Fair Value | Impaired loans - Residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	5,336	5,235
Fair Value | Impaired loans - Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	1,963	1,979
Fair Value | Impaired loans - Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	2,221	2,240
Fair Value | Impaired loans - Construction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Fair Value | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	287	379
Quoted Prices In Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Quoted Prices In Active Markets for Identical Assets (Level 1) | Impaired loans - Residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Quoted Prices In Active Markets for Identical Assets (Level 1) | Impaired loans - Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Quoted Prices In Active Markets for Identical Assets (Level 1) | Impaired loans - Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Quoted Prices In Active Markets for Identical Assets (Level 1) | Impaired loans - Construction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Quoted Prices In Active Markets for Identical Assets (Level 1) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	8,793	8,987
Other Observable Inputs (Level 2) | Impaired loans - Residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	4,322	4,389
Other Observable Inputs (Level 2) | Impaired loans - Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	1,963	1,979
Other Observable Inputs (Level 2) | Impaired loans - Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	2,221	2,240
Other Observable Inputs (Level 2) | Impaired loans - Construction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Other Observable Inputs (Level 2) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	287	379
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	1,014	846
Significant Unobservable Inputs (Level 3) | Impaired loans - Residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis	1,014	846
Significant Unobservable Inputs (Level 3) | Impaired loans - Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Significant Unobservable Inputs (Level 3) | Impaired loans - Land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Significant Unobservable Inputs (Level 3) | Impaired loans - Construction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis
Significant Unobservable Inputs (Level 3) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a non-recurring basis

FAIR_VALUE_MEASUREMENTS_Detail2

FAIR VALUE MEASUREMENTS (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Carrying Value
ASSETS
Cash, interest-bearing deposits and federal funds sold	$5,290	$15,190
Other interest bearing deposits in other banks	21,650	10,445
Investment securities	13,310	14,641
Federal Home Loan Bank stock	805	929
Loans, net	99,813	101,936
Bank owned life insurance	860	847
Accrued interest receivable	360	337
LIABILITIES
Deposits	97,337	98,473
FHLB Borrowings	14,750	15,750
Fair Value
ASSETS
Cash, interest-bearing deposits and federal funds sold	5,290	15,190
Other interest bearing deposits in other banks	21,650	10,445
Investment securities	13,621	14,900
Federal Home Loan Bank stock	805	929
Loans, net	98,581	98,301
Bank owned life insurance	860	847
Accrued interest receivable	360	337
LIABILITIES
Deposits	95,378	97,673
FHLB Borrowings	15,409	16,246
Quoted Prices In Active Markets for Identical Assets (Level 1)
ASSETS
Cash, interest-bearing deposits and federal funds sold
Other interest bearing deposits in other banks
Investment securities
Federal Home Loan Bank stock
Loans, net
Bank owned life insurance
Accrued interest receivable
LIABILITIES
Deposits
FHLB Borrowings
Other Observable Inputs (Level 2)
ASSETS
Cash, interest-bearing deposits and federal funds sold	5,290	15,190
Other interest bearing deposits in other banks	21,650	10,445
Investment securities	13,621	14,900
Federal Home Loan Bank stock	805	929
Loans, net	8,793	8,987
Bank owned life insurance	860	847
Accrued interest receivable	360	337
LIABILITIES
Deposits
FHLB Borrowings
Significant Unobservable Inputs (Level 3)
ASSETS
Cash, interest-bearing deposits and federal funds sold
Other interest bearing deposits in other banks
Investment securities
Federal Home Loan Bank stock
Loans, net	89,788	89,314
Bank owned life insurance
Accrued interest receivable
LIABILITIES
Deposits	95,378	97,673
FHLB Borrowings	$15,409	$16,246