New Bancorp (NWBB) 10-K 30 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Mar. 28, 2017	Jun. 30, 2016
Document Information [Line Items]
Entity Registrant Name	New Bancorp, Inc.
Entity Central Index Key	1,644,482
Trading Symbol	nwbb
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		696,600
Entity Public Float			$ 8.1
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 1,419	$ 7,132
Interest-earning demand deposits	8,438	1,678
Cash and cash equivalents	9,857	8,810
Interest-earning time deposits in banks	992	992
Loans, net of allowance for loan losses of $1,063 and $1,155 at December 31, 2016 and 2015, respectively	83,008	76,575
Premises and equipment	1,934	2,024
Federal Home Loan Bank stock	468	468
Foreclosed real estate held for sale, net	586	245
Accrued interest receivable	203	217
Bank owned life insurance	5,418	5,247
Servicing rights	483	317
Prepaid expenses and other assets	269	150
Total assets	103,218	95,045
Liabilities
Demand	28,676	20,435
Savings and money market accounts	16,404	18,918
Time	31,761	32,913
Total deposits	76,841	72,266
Federal funds purchased	1,000
Borrowings	10,027	6,927
Other liabilities	781	778
Total liabilities	88,649	79,971
Commitments and Contingencies
Redeemable common stock held by Employee Stock Ownership Plan (ESOP)	73	44
Shareholders' Equity
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued
Common stock, $0.01 par value, 4,000,000 shares authorized, 696,600 shares issued and outstanding	7	7
Additional paid-in capital	5,761	5,754
Unearned ESOP shares	(501)	(523)
Retained earnings	9,302	9,836
Total shareholders' equity	14,569	15,074
Less maximum cash obligation related to ESOP shares	(73)	(44)
Total shareholders' equity less maximum cash obligation related to ESOP shares	14,496	15,030
Total liabilities and shareholders' equity	$ 103,218	$ 95,045

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Allowance for loan losses	$ 1,063	$ 1,155
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	4,000,000	4,000,000
Common stock, shares issued (in shares)	696,600	696,600
Common stock, shares outstanding (in shares)	696,600	696,600

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Interest Income
Loans	$ 3,363	$ 3,192
Interest-bearing deposits	61	38
Total interest income	3,424	3,230
Interest Expense
Deposits	606	598
Borrowings	115	135
Total interest expense	721	733
Net Interest Income	2,703	2,497
Provision for Loan Losses
Net Interest Income After Provision for Loan Losses	2,703	2,497
Noninterest Income
Service charges and fees	282	304
Gain on sale of loans	689	374
Gain (loss) on sale of foreclosed real estate, net	21	(27)
Income from bank owned life insurance	171	166
Loan servicing fees, net	30	31
Other operating	37	23
Total noninterest income	1,230	871
Noninterest Expense
Salaries and employee benefits	2,449	1,877
Occupancy and equipment	466	443
Data processing fees	439	404
Franchise taxes	42	4
FDIC insurance premiums	54	75
Insurance premiums	45	51
Professional services	395	195
Impairment losses and expenses of foreclosed real estate	18	142
Other	559	350
Total noninterest expense	4,467	3,541
Net Loss	$ (534)	$ (173)
Loss per share - basic and diluted (in dollars per share)	$ (0.83)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Shares Acquired by Employee Stock Ownership Plan [Member]	Retained Earnings [Member]	Maximum Cash Obligation Related to ESOP Shares [Member]	Total
Balance at Dec. 31, 2014				$ 10,009		$ 10,009
Proceeds from issuance of common stock	7	5,746	(557)			5,196
ESOP shares earned		8	34			42
Change related to ESOP shares					(44)	(44)
Net loss				(173)		(173)
Balance at Dec. 31, 2015	7	5,754	(523)	9,836	(44)	15,030
ESOP shares earned		7	22			29
Change related to ESOP shares					(29)	(29)
Net loss				(534)		(534)
Balance at Dec. 31, 2016	$ 7	$ 5,761	$ (501)	$ 9,302	$ (73)	$ 14,496

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating Activities
Net loss	$ (534,000)	$ (173,000)
Items not requiring (providing) cash
Depreciation and amortization	270,000	241,000
Amortization of deferred loan origination fees and costs, net	1,000	3,000
Gain on sale of loans	(689,000)	(374,000)
Proceeds from sales of loans originated for sale	16,425,000	9,502,000
Loans originated for sale	(15,829,000)	(8,740,000)
(Gain) loss on sale of foreclosed real estate	(21,000)	27,000
Impairment loss on foreclosed real estate		111,000
Employee Stock Ownership Plan (ESOP), Compensation Expense	29,000	42,000
Cash surrender value of life insurance	(171,000)	(166,000)
Changes in
Accrued interest receivable	14,000	(30,000)
Prepaid expenses and other assets	(119,000)	12,000
Other liabilities	3,000	(2,624,000)
Net cash used in operating activities	(621,000)	(2,169,000)
Investing Activities
Prodeeds from sale of loans transferred to loans held for sale		2,135,000
Net change in loans	(7,178,000)	(6,608,000)
Purchase of premises and equipment	(95,000)	(36,000)
Proceeds from redemption of FHLB stock		210,000
Proceeds from sale of foreclosed assets	266,000	203,000
Net cash used in investing activities	(7,007,000)	(4,096,000)
Financing Activities
Net increase in deposits	4,575,000	4,398,000
Net change in federal funds purchased	1,000,000	(2,500,000)
Proceeds from borrowings	3,100,000
Proceeds from issuance of common stock		5,196,000
Net cash provided by financing activities	8,675,000	7,094,000
Increase in Cash and Cash Equivalents	1,047,000	829,000
Cash and Cash Equivalents, Beginning of Year	8,810,000	7,981,000
Cash and Cash Equivalents, End of Year	9,857,000	8,810,000
Supplemental Disclosure of Cash Flow Information
Interest on deposits and borrowings	715,000	731,000
Supplemental Disclosure of Noncash Investing Activities
Transfers from loans to real estate acquired through foreclosure	586,000	338,000
Transfers from loans to loans held for sale		$ 2,057,000

Note 1 - Nature of Operations a

Note 1 - Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	Note 1: Nature of Operations New Bancorp, Inc. was formed to serve as the stock holding company for New Buffalo Savings Bank (the “Bank”) upon completion of its mutual-to-stock conversion. The conversion was effective October 19, 2015. 696,600 $10.00 The Bank conducts a general banking business in southwestern Michigan which primarily consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, consumer and nonresidential purposes. Principles of Consolidation The consolidated financial statements include New Bancorp, Inc. and its wholly-owned subsidiary the Bank, together referred to as the “Company.” Intercompany transactions and balances have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, mortgage servicing rights, valuation of deferred tax assets and fair values of financial instruments. Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three December 31, 2016, $5.7 $2.1 December 31, 2016, Interest-earning Deposits in Banks Interest-earning time deposits in banks mature in two Securities Certain debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. Trading securities are recorded at fair value with changes in fair value included in earnings. Securities not classified as held to maturity or trading, are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. For debt securities with fair value below amortized cost, when the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses and any unamortized deferred fees or costs on originated loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management ’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may may A loan is considered impaired when, based on current information and events, it is probable that the Company 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 for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group ’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets. The estimated useful lives of depreciable assets is 39 10 three seven Federal Home Loan Bank Stock Federal Home Loan Bank (“FHLB”) stock is a required investment for institutions that are members of the FHLB system. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment. Foreclosed Real Estate Held for Sale Real estate acquired through, or in lieu of, loan foreclosure is held for sale and is initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net income or expense from foreclosed assets. Foreclosed real estate held for sale consisted of residential real estate at December 31, 2016 2015. $323,681 December 31, 2016. Servicing Rights Servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance (ASC 860 50), Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may may Each class of separately recognized servicing assets subsequently measured using the amortization method are evaluated and measured for impairment. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the carrying amount of the servicing assets for that tranche. The valuation allowance is adjusted to reflect changes in the measurement of impairment after the initial measurement of impairment. Fair value in excess of the carrying amount of servicing assets for that stratum is not recognized. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income. 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 Company —put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) (3) Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740, Income Taxes two Tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 50 ’s judgment. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company has established a full valuation allowance for its net deferred tax asset as of December 31, 2016 2015. 9, Bank Owned Life Insurance The cash surrender value of bank owned life insurance policies represents the value of life insurance policies on certain current and former officers of the Company for which the Company is the beneficiary. The Company accounts for these assets using the cash surrender value method in determining the carrying value of the insurance policies. Comprehensive Income (Loss) Comprehensive income (loss) consists of net income (loss) and other comprehensive income. The Company had no elements of other comprehensive income at December 31, 2016 2015. Loss Per Share Basic loss per share excludes dilution and is calculated by dividing net loss applicable to common stock by the weighted-average number of shares of common stock outstanding during the period, less unallocated ESOP shares. The Company had no December 31, 2016 2015. Unallocated common shares held by the Company ’s Employee Stock Ownership Plan (the “ESOP”) are shown as a reduction in stockholders’ equity and are excluded from weighted-average common shares outstanding for both basic and diluted loss per share calculations until they are committed to be released. Emerging Growth Company Critical Accounting Policy Disclosure We are an “emerging growth company,” as defined in Section 2(a) 1933 2012 As an “emerging growth company” we have elected to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. Accordingly, our financial statements may

Note 2 - Restriction on Cash an

Note 2 - Restriction on Cash and Due From Banks	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Cash Restrictions and Due from Banks [Text Block]	Note 2: The Company is generally required to maintain reserve funds in cash and/or on deposit with the Federal Reserve Bank. The Company had no December 31, 2016.

Note 3 - Securities

Note 3 - Securities	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 3: The Company had no December 31, 2016 2015. The Company had no December 31, 2016 2015.

Note 4 - Loans and Allowance fo

Note 4 - Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 4: Classes of loans at December 31, 2016 2015 2016 2015 (In thousands) Real estate loans Residential $ 38,636 $ 41,972 Commercial 35,709 27,319 Construction and land 10,233 7,196 Commercial business 1,000 1,354 Consumer and other 335 321 Total loans 85,913 78,162 Less: Net deferred loan fees, premiums and discounts (70 ) (2 ) Undisbursed loans in process (1,772 ) (430 ) Allowance for loan losses (1,063 ) (1,155 ) Net loans $ 83,008 $ 76,575 The risk characteristics applicable to each segment of the loan portfolio are described below: Residential 1 4 The residential 1 4 1 4 $4.7 $4.2 December 31, 2016 2015, first second first Commercial Real Estate: Commercial real estate loans typically involve larger principal amounts, and repayment of these loans is generally dependent on the successful operations of the property securing the loan or the business conducted on the property securing the loan. These loans are viewed primarily as cash flow loans and secondarily may During 2016, 7a 7a 75% 75% 25% Construction and Land: Construction and land loans are usually based upon estimates of costs and estimated value of the completed project and include independent appraisal reviews and a financial analysis of the developers and property owners. Sources of repayment of these loans may may Commercial Business : Consumer: The consumer loan portfolio consists of various term and line of credit loans such as automobile loans and loans for other personal purposes. Repayment for these types of loans will come from a borrower’s income sources that are typically independent of the loan purpose. Credit risk is driven by consumer economic factors (such as unemployment and general economic conditions in the Company’s market area) and the creditworthiness of a borrower. The following tables present by portfolio segment, the activity in the allowance for loan losses for the years ended December 31, 201 6 2015, December 31, 2016 2015: December 31, 2016 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Allowance for loan losses: Balance, January 1, 2016 $ 648 $ 383 $ 102 $ 19 $ 3 $ 1,155 Provision for loan losses 141 (57 ) (71 ) (15 ) 2 - Charge-offs (133 ) - - - - (133 ) Recoveries - - 41 - - 41 Balance, December 31, 2016 $ 656 $ 326 $ 72 $ 4 $ 5 $ 1,063 Allowance for loan losses: Ending balance, individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending balance, collectively evaluated for impairment $ 656 $ 326 $ 72 $ 4 $ 5 $ 1,063 Loans: Ending balance $ 38,636 $ 35,709 $ 10,233 $ 1,000 $ 335 $ 85,913 Ending balance; individually evaluated for impairment $ 2,779 $ 533 $ 1,709 $ - $ - $ 5,021 Ending balance; collectively evaluated for impairment $ 35,857 $ 35,176 $ 8,524 $ 1,000 $ 335 $ 80,892 December 31, 2015 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Allowance for loan losses: Balance, January 1, 2015 $ 575 $ 418 $ 126 $ 23 $ 5 $ 1,147 Provision (credit) for loan losses 65 (35 ) (24 ) (4 ) (2 ) - Charge-offs - - - - - - Recoveries 8 - - - - 8 Balance, December 31, 2015 $ 648 $ 383 $ 102 $ 19 $ 3 $ 1,155 Allowance for loan losses: Ending balance, individually evaluated for impairment $ 20 $ - $ - $ - $ - $ 20 Ending balance, collectively evaluated for impairment $ 628 $ 383 $ 102 $ 19 $ 3 $ 1,135 Loans: Ending balance $ 41,972 $ 27,319 $ 7,196 $ 1,354 $ 321 $ 78,162 Ending balance; individually evaluated for impairment $ 1,763 $ 229 $ 1,751 $ - $ - $ 3,743 Ending balance; collectively evaluated for impairment $ 40,209 $ 27,090 $ 5,445 $ 1,354 $ 321 $ 74,419 Internal Risk Categories The Company has adopted a standard loan grading system for all loans. Loans are selected for a grading review based on certain characteristics, including concentrations of credit and upon delinquency of 90 Pass : Special Mention /Watch may Substandard : may may four 90 60 Doubtful : These are loans with major defined weaknesses, where future charge-off of a part of the credit is highly likely. The primary repayment source is no longer viable and the viability of the secondary Loss : These are loans that represent near term charge-offs. Loans classified as loss are considered uncollectible and of such little value that it is not desirable to continue carrying them as assets on the Company’s financial statements, even though partial recovery may The following tables present the credit risk profile of the Company’s loan portfolio based on internal rating category and payment activity as of December 31, 2016 2015: December 31, 2016 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Pass $ 36,324 $ 35,211 $ 9,210 $ 965 $ 325 $ 82,035 Special mention/Watch 415 - - - 10 425 Substandard 1,897 498 1,023 35 - 3,453 Doubtful - - - - - - Total $ 38,636 $ 35,709 $ 10,233 $ 1,000 $ 335 $ 85,913 December 31, 2015 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Pass $ 39,842 $ 26,178 $ 7,022 $ 1,354 $ 294 $ 74,690 Special mention/Watch 686 529 8 - 27 1,250 Substandard 1,444 612 166 - - 2,222 Doubtful - - - - - - Total $ 41,972 $ 27,319 $ 7,196 $ 1,354 $ 321 $ 78,162 The Company evaluates the loan risk grading system definitions and allowance for loan losses methodology on an ongoing basis. No significant changes were made to either during the past year. The following tables present the Company’s loan portfolio aging analysis of the recorded investment in loans as of December 31, 2016 2015: December 31, 2016 Greater Total Loans > 30-59 Days 60-89 Days Than Total Total Loans 90 Days & Past Due Past Due 90 Days Past Due Current Receivable Accruing (In thousands) Real estate Residential $ 194 $ - $ 327 $ 521 $ 38,115 $ 38,636 $ - Commercial - - 4 4 35,705 35,709 - Construction and land - - - - 10,233 10,233 - Commercial business - - - - 1,000 1,000 - Consumer - - - - 335 335 - Total $ 194 $ - $ 331 $ 525 $ 85,388 $ 85,913 $ - December 31, 2015 Greater Total Loans > 30-59 Days 60-89 Days Than Total Total Loans 90 Days & Past Due Past Due 90 Days Past Due Current Receivable Accruing (In thousands) Real estate Residential $ 455 $ 100 $ 598 $ 1,153 $ 40,819 $ 41,972 $ - Commercial - 7 - 7 27,312 27,319 - Construction and land - - 166 166 7,030 7,196 - Commercial business - - - - 1,354 1,354 - Consumer - - - - 321 321 - Total $ 455 $ 107 $ 764 $ 1,326 $ 76,836 $ 78,162 $ - A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310 10 35 16), Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming multi-family and commercial loans but also include loans modified in troubled debt restructurings. The following tables present impaired loans as of and for the years ended December 31, 2016 2015: As of and for the year ended December 31, 2016 Unpaid Average Balance of Interest Recorded Balance Principal Balance Specific Allowance Impaired Loans Income Recognized (In thousands) Loans without a specific valuation allowance: Real estate Residential $ 2,779 $ 2,936 $ - $ 2,420 $ 140 Commercial 533 560 - 230 28 Construction and land 1,709 1,709 - 1,760 95 Commercial business - - - - - Consumer - - - - - Loans with a specific valuation allowance: Real estate Residential - - - - - Commercial - - - - - Construction and land - - - - - Commercial business - - - - - Consumer - - - - - Totals $ 5,021 $ 5,205 $ - $ 4,410 $ 263 As of and for the year ended December 31, 2015 Unpaid Average Balance of Interest Recorded Balance Principal Balance Specific Allowance Impaired Loans Income Recognized (In thousands) Loans without a specific valuation allowance: Real estate Residential $ 1,607 $ 1,647 $ - $ 1,413 $ 66 Commercial 229 229 - 238 16 Construction and land 1,751 1,751 - 1,816 87 Commercial business - - - - - Consumer - - - - - Loans with a specific valuation allowance: Real estate Residential 156 166 20 118 - Commercial - - - - - Construction and land - - - - - Commercial business - - - - - Consumer - - - - - Totals $ 3,743 $ 3,793 $ 20 $ 3,585 $ 169 The following table presents the Company’s nonaccrual loans at December 31, 2016 2015. December 31, 2016 2015 (In thousands) Real estate loans Residential $ 614 $ 987 Commercial 4 7 Construction and land - 166 Commercial business - - Consumer and other - - Total nonaccrual $ 618 $ 1,160 At December 31, 2016 2015, one The Company had no December 31, 2016. The following table presents information regarding troubled debt restructurings by class for the year ended December 31, 2015. December 31, 2015 Number of Contracts Pre- Modification Balance Post- Modification Balance (In thousands) Real estate Residential 1 $ 50 $ 50 Commercial 1 42 42 Construction and land - - - Commercial business - - - Consumer - - - 2 $ 92 $ 92 Newly restructured loans by type of modification were as follows for the year ended December 31, 2015: Interest Only Term Combination Total Modification December 31, 2015 (In thousands) Real estate Residential $ - $ 50 $ - $ 50 Commercial - 42 - 42 Construction and land - - - - Commercial business - - - - Consumer - - - - $ - $ 92 $ - $ 92 The troubled debt restructurings described did not not December 31, 2016 2015. The Company had no December 31, 2016 2015 30 In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy.

Note 5 - Premises and Equipment

Note 5 - Premises and Equipment	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 5: Major classifications of premises and equipment, stated at cost, at December 31, 2016 2015, 2016 2015 (In thousands) Land $ 342 $ 342 Buildings and improvements 3,155 3,145 Furniture and equipment 2,503 2,418 6,000 5,905 Less accumulated depreciation 4,066 3,881 Net premises and equipment $ 1,934 $ 2,024

Note 6 - Loan Servicing

Note 6 - Loan Servicing	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Transfers and Servicing of Financial Assets [Text Block]	Note 6: Loans serviced for others are not included in the accompanying consolidated balance sheets. The risks inherent in mortgage servicing assets relate primarily to changes in prepayments that result from shifts in mortgage interest rates. The unpaid principal balances of mortgage and other loans serviced for others were $50.5 $40.6 December 31, 2016 2015, December 31, 2016 $5.3 Servicing rights activity for the years ended December 31, 2016 2015 2016 2015 (In thousands) Balance at beginning of year $ 317 $ 269 Additions 251 115 Amortization (85 ) (67 ) Balance at end of year $ 483 $ 317 The fair value of servicing rights approximates the carrying value at December 31, 2016 2015.

Note 7 - Time Deposits

Note 7 - Time Deposits	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 7: Time deposits in denominations of $250,000 $6.1 $4.6 December 31, 2016 2015, At December 31, 2016, 2016 (In thousands) Maturing year ending December 31, 2017 $ 14,126 2018 6,113 2019 3,863 2020 5,690 2021 1,661 Thereafter 308 $ 31,761 The Company held $3.3 $2.5 December 31, 2016 2015,

Note 8 - Borrowings

Note 8 - Borrowings	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 8: Borrowings Scheduled maturities of advances from the Federal Home Loan Bank were as follows at December 31, 2016: Maturing in year ended Interest rate December 31, 2016 (In thousands) 1.43% 2017 $ 1,000 1.34% - 1.80% 2018 4,100 1.85% 2019 1,927 2.08% 2020 3,000 $ 10,027 The Company ’s advances from the Federal Home Loan Bank are all at fixed rates of interest. The advances are secured by a pledge of certain eligible mortgage loans, totaling $23.9 $23.1 December 31, 2016 2015, December 31, 2016, $7.5 In addition, at December 31, 2016, $1.0 1.13%. December 31, 2015.

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 9: A reconciliation of the federal income tax benefit at the statutory rate to the Company’s actual income tax benefit is shown below: Year Ended December 31, 2016 2015 (In thousands) Computed at statutory rate (34%) $ (182 ) $ (59 ) Increase (decrease) resulting from: Bank-owned life insurance (58 ) (56 ) Change in valuation allowance 234 112 Other 3 (36 ) Actual income tax benefit $ - $ - The composition of the Company’s net deferred tax asset at December 31, 2016 2015, 2016 2015 (In thousands) Deferred tax assets Allowance for loan losses $ 368 $ 400 Deferred compensation 58 48 Expenses on foreclosed assets held for sale - 35 Net operating loss carryforward 4,287 3,943 Deferred loan origination costs 12 - Other 8 26 Deferred tax assets 4,733 4,452 Deferred tax liabilities Federal Home Loan Bank stock dividends (16 ) (16 ) Mortgage servicing rights (167 ) (110 ) Deferred loan orgination fees - (1 ) Depreciation (24 ) (33 ) Deferred tax liabilities (207 ) (160 ) Net deferred tax asset before valuation allowance 4,526 4,292 Valuation allowance Beginning balance (4,292 ) (4,180 ) Increase during period (234 ) (112 ) Ending balance (4,526 ) (4,292 ) Net deferred tax asset $ - $ - As of December 31, 2016 2015, December 31, 2016 2015, three The Company’s net operating loss of $12.4 December 31, 2016, December 31, 2030 . $1.1 December 31, 2016 December 31, 2024 . Retained earnings at both December 31, 2016 2015, $1.5 no $510,000 December 31, 2016 2015. As of December 31, 2016 2015, no twelve The Company is subject to U.S. federal and Indiana income tax. The Company is no longer subject to examination by taxing authorities for years prior to 2013.

Note 10 - Regulatory Matters

Note 10 - Regulatory Matters	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 10: 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. Furthermore, the Bank’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Quantitative measures established by regulation to ensure capital adequacy requires the Bank to maintain minimum amounts and ratios (set forth in the table below), of total capital, Tier 1 1 1 Basel III was effective for the Company on January 1, 2015. 1capital 1 zero 2.50 2019. Management believes, as of December 31, 2016 2015, As of December 31, 2016 2015, 1 1, 1 The Bank’s actual capital amounts and ratios are presented in the following table: Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2016 Total Capital (to Risk-Weighted Assets) $ 13,943 17.6 % $ 6,327 8.0 % $ 7,908 10.0 % Tier 1 Capital (to Risk-Weighted Assets) $ 12,954 16.4 % $ 4,745 6.0 % $ 6,327 8.0 % Common Equity Tier I Capital (to Risk-Weighted Assets) $ 12,954 16.4 % $ 3,559 4.5 % $ 5,140 6.5 % Tier I Leverage Capital (to Average Total Assets) $ 12,954 12.9 % $ 4,024 4.0 % $ 5,030 5.0 % As of December 31, 2015 Total Capital (to Risk-Weighted Assets) $ 14,072 21.3 % $ 5,295 8.0 % $ 6,618 10.0 % Tier 1 Capital (to Risk-Weighted Assets) $ 13,241 20.0 % $ 3,971 6.0 % $ 5,295 8.0 % Common Equity Tier I Capital (to Risk-Weighted Assets) $ 13,241 20.0 % $ 2,978 4.5 % $ 4,302 6.5 % Tier I Leverage Capital (to Average Total Assets) $ 13,241 13.9 % $ 3,801 4.0 % $ 4,752 5.0 % The Bank is subject to certain restrictions on the amounts of dividends that it may ’s payment of dividends is limited to net income for the current year plus the two December 31, 2016,

Note 11 - Related Party Transac

Note 11 - Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 11: At December 31, 2016 2015, $2.4 $2.5 December 31, 2016, $600,000 $703,000, At December 31, 2016 2015, $694,000 $349,000,

Note 12 - Employee Benefits

Note 12 - Employee Benefits	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	Note 12: The Company has an agreement to provide partial reimbursement of medical coverage expenses for the former executive officers. The liability recorded under these agreements was $167,000 $139,000 December 31, 2016 2015, $48,000 $18,000 December 31, 2016 2015, During 2015, ’s President that provides supplemental retirement benefits. The Company will contribute a total of $105,000 five 15 4.50%. $22,000 December 31, 2016 2015. The Company participates in the Pentegra Defined Benefit Plan for Financial Institutions (the “Plan”), a multiemployer defined benefit pension plan, for the benefit of substantially all employees. The risks of participating in a multiemployer plan are different from single-employer plans in the following aspects: 1. Assets contributed to the multiemployer plan by one may 2. If a participating employer stops contributing to the plan, the unfunded obligations of the plan may 3. If the Company chooses to stop participating in its multiemployer plan, the Company may The Company maintained participation in the Plan for the years ended December 31, 2016 2015. 13 5645888 three 333. 1974 413(c). 2011. $66,000 $30,000, December 31, 2016 2015, December 31, 2016 2015 97.15% 99.7%, Total contributions made to the Pentegra DB Plan as reported on the Form 5500, $163.1 $190.8 June 30, 2015 2014, ’s contributions to the Pentegra DB Plan are not more than 5% The Company has a retirement savings 401(k) 401(k) one 21 may 3% $19,000 $27,000, December 31, 2016 2015, As part of the Company ’s stock conversion, shares were purchased by the ESOP with a loan from New Bancorp, Inc. All employees of the Bank meeting certain tenure 55,728 December 31, 2016 2015, 2,198 3,375 50,155 December 31, 2016. $29,000 $42,000 December 31, 2016 2015, The stock price at the formation date was $10.00. 50,155 $690,000 $13.75 December 31, 2016. In the event the ESOP is unable to satisfy the obligation to repurchase the shares held by each beneficiary upon the beneficiary ’s termination or retirement, the Company is obligated to repurchase the shares. At December 31, 2016 2015, $73,000 $44,000,

Note 13 - Loss Per Share

Note 13 - Loss Per Share	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 13: Loss per share for the year ended December 31, 2016 $0.83, 696,600 52,353 Loss per share is not meaningful for the year ended December 31, 2015.

Note 14 - Commitments and Credi

Note 14 - Commitments and Credit Risk	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 14: Commitments to Originate Loans Commitments to originate loans are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may may ’s creditworthiness is evaluated on a case-by-case basis. The amount of collateral obtained, if deemed necessary, is based on management’s credit evaluation of the counterparty. Collateral held varies, but may The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual notional amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations, including receipt of collateral, as those utilized for on-balance-sheet instruments. At December 31, 2016, $670,000, 3.5% 4.5%. December 31, 2016, $1.8 $5.5 $3.8 At December 31, 2015, $532,000, 4.1% 4.4%. December 31, 2015, $430,000 $2.5 $810,000, The Company had commitments under outstanding financial standby letters of credit totaling $219,000 $36,000 December 31, 2016 2015,

Note 15 - Disclosures About Fai

Note 15 - Disclosures About Fair Value of Assets and Liabilities	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 15: Fair value is the exchange price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three may Level 1 Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 Significant other observable inputs other than Level 1 Level 3 Significant unobservable inputs that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Nonrecurring Measurements The following table presents fair value measurements of assets measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which fair value measurements fall at December 31, 2016 2015: Fair Value Measurement Using Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) December 31, 2016 Impaired loans $ 232 $ - $ - $ 232 December 31, 2015 Impaired loans $ 136 $ - $ - $ 136 Foreclosed assets held for sale 245 - - 245 Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a non-recurring basis and recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. For assets classified within Level 3 Collateral-dependent Impaired Loans, Net of ALLL The estimated fair value of collateral-dependent impaired loans is based on the appraised fair value of the collateral, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 The Company considers the appraisal or evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may Foreclosed Real Estate Held for Sale Foreclosed real estate held for sale is carried at the lower of fair value at acquisition date or current estimated fair value, less estimated cost to sell when the real estate is acquired. Estimated fair value of foreclosed real estate is based on appraisals or evaluations. Foreclosed real estate is classified within Level 3 Appraisals of foreclosed real estate are obtained when the real estate is acquired and subsequently as deemed necessary by management. Appraisals are reviewed for accuracy and consistency by the management. Appraisers are selected from the list of approved appraisers maintained by management. Unobservable (Level 3) The following table presents quantitative information about unobservable inputs used in nonrecurring Level 3 Fair Value Valuation Technique Unobservable Inputs Range (In thousands) December 31, 2016 Impaired loans (collateral dependent) $ 232 Marketable comparable properties Marketability discount 10% - 15% December 31, 2015 Impaired loans (collateral dependent) $ 136 Marketable comparable properties Marketability discount 10% - 15% Foreclosed real estate 245 Marketable comparable properties Comparability adjustments 10% Fair Value of Financial Instruments The following table presents the estimated fair values of the Company’s financial instruments not carried at fair value and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2016 2015. Fair Value Measurement Using Carrying Value Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) December 31, 2016 Financial assets Cash and due from banks $ 1,419 $ 1,419 $ 1,419 $ - $ - Interest-earning demand deposits 8,438 8,438 8,438 - - Interest-earning time deposits in banks 992 992 - 992 - Loans, net 83,008 83,538 - - 83,538 Federal Home Loan Bank stock 468 468 - 468 - Accrued interest receivable 203 203 - 203 - Servicing rights 483 483 - - 483 Financial liabilities Deposits 76,841 77,104 45,080 32,024 - Federal funds purchased 1,000 1,000 1,000 - - Advances from the Federal Home Loan Bank 10,027 10,127 - 10,127 - Accrued interest payable 7 7 - 7 - December 31, 2015 Financial assets Cash and due from banks $ 7,132 $ 7,132 $ 7,132 $ - $ - Interest-earning demand deposits 1,678 1,678 1,678 - - Interest-earning time deposits in banks 992 992 - 992 - Loans, net 76,575 77,086 - - 77,086 Federal Home Loan Bank stock 468 468 - 468 - Accrued interest receivable 217 217 - 217 - Mortgage servicing rights 317 317 - - 317 Financial liabilities Deposits 72,266 72,708 39,353 33,355 - Advances from the Federal Home Loan Bank 6,927 7,023 - 7,023 - Accrued interest payable 11 11 - 11 - The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying balance sheets at amounts other than fair value. Cash and Due from Banks and Interest-bearing Demand Deposits The carrying amount approximates fair value. Interest-earning Time Deposits in Banks The carrying amount approximates fair value. Loans Fair value is estimated by discounting the future cash flows using the market rates at which similar notes would be made to borrowers with similar credit ratings and for the same remaining maturities. The market rates used are based on current rates the Company would impose for similar loans and reflect a market participant assumption about risks associated with nonperformance, illiquidity, and the structure and term of the loans along with local economic and market conditions. Federal Home Loan Bank Stock Fair value is estimated at book value due to restrictions that limit the sale or transfer of such securities. Accrued Interest Receivable and Payable The carrying amount approximates fair value. The carrying amount is determined using the interest rate, balance and last payment date. Servicing Rights Servicing rights do not trade in an active, open market with readily observable prices. Accordingly, fair value is estimated using discounted cash flow models having significant inputs of discount rate, prepayment speed and default rate. Deposits Fair value of term deposits is estimated by discounting the future cash flows using rates of similar deposits with similar maturities. The market rates used were obtained from a knowledgeable independent third Company. The rates were the average of current rates offered by local competitors of the Company. The estimated fair value of demand, NOW, savings and money market deposits is the book value since rates are regularly adjusted to market rates and amounts are payable on demand at the reporting date. Federal Funds Purchased The carrying amount approximates fair value. Federal Home Loan Bank Advances Fair value is estimated by discounting the future cash flows using rates of similar advances with similar maturities. These rates were obtained from current rates offered by FHLB. Commitments to Originate Loans, Letters of Credit and Lines of Credit The fair value of commitments to originate loans is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair values of letters of credit and lines of credit are based on fees currently charged for similar agreements or on the estimated cost to terminate or otherwise settle the obligations with the counterparties at the reporting date. The fair value of loan commitments was not material at December 31, 2016 2015.

Note 16 - Recent Accounting Pro

Note 16 - Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 16: FASB ASU 2016 01, In January 2016, 2016 01, Recognition and Measurement of Financial Assets and Financial Liabilities For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2017, For all other entities, the guidance is effective for fiscal years beginning after December 15, 2018 December 15, 2019. FASB ASU 2016 02, In February 2016 2016 02, Leases. ● A lease liability, which is a lessee ’s obligation to make lease payments arising from a lease, measured on a discounted basis; and ● A right-of-use asset, which is an asset that represents the lessee ’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no longer be provided with a source of off-balance sheet financing. Public business entities should apply the amendments in ASU 2016 02 December 15, 2018, January 1, 2019, or non-public entities, the guidance is effective date for fiscal years beginning after December 15, 2019. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may ’s financial statements. FASB ASU 2016 13, – Credit Losses In June 2016, 2016 13, The amendments in this Update replace the incurred loss model with a methodology that reflects expected credit losses over the life of the loan and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. The amendments are effective for public business entities for the first December 15, 2019. one first 2016. FASB ASU 2014 09, In May 2014, exchange for those goods or services. The amended guidance is effective for annual reporting periods beginning after December 15, 2017, 2015 14 July 9, 2015, 2014 09 one

Note 17 - Change in Corporate F

Note 17 - Change in Corporate Form	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Change in Corporate Form [Text Block]	Note 17: On October 19, 2015, –to-stock conversion pursuant to which it became a Federal stock savings bank and the wholly owned subsidiary of New Bancorp, Inc., as parent of the Bank. As part of the conversion, the Bank became the wholly owned subsidiary of the Company, and the Company issued and sold shares of its capital stock pursuant to an independent valuation appraisal of the Bank and the Company. The stock was priced at $10.00 ’s board of directors adopted an employee stock ownership plan (ESOP) which subscribed for 8% October 19, 2015 696,600 The cost of the Conversion and issuing the capital stock totaled $1.2 In accordance with OCC regulations, at the time of the Conversion, the Bank substantially restricted retained earnings by establishing a liquidation account. The liquidation account will be maintained for the benefit of eligible holders who continue to maintain their accounts at the Bank after the Conversion. The liquidation account will be reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holder ’s interest in the liquidation account. In the event of a complete liquidation of the Bank, and only in such event, each eligible account holder will be entitled to receive a distribution from the liquidation account in an amount proportionate to the adjusted qualifying account balances then held. The Bank may The conversion was accounted for as a change in corporate form with the historic basis of the Bank ’s assets, liabilities and equity unchanged as a result.

Note 18 - Condensed Financial I

Note 18 - Condensed Financial Information (Parent Company Only)	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 18: Presented below is condensed financial information as to the financial position, results of operations and cash flows of New Bancorp, Inc.: Condensed Balance Sheets December 31, 2016 and 2015 2016 2015 (In thousands) Assets Cash $ 1,615 $ 1,833 Investment in Bank subsidiary 12,955 13,241 Total assets $ 14,570 $ 15,074 Liabilities and Shareholders' Equity Liabilities $ 1 $ - Redeemable common stock held by ESOP 73 44 Shareholders' equity less maximum cash obligation related to ESOP shares 14,496 15,030 Total liabilities and shareholders' equity $ 14,570 $ 15,074 Condensed Statement of Operations For the Periods Ended December 31, 2016 and 2015 2016 2015 (In thousands) Income Interest income $ 18 $ 3 Expenses Equity in net loss of Bank subsidiary 295 158 General and administrative expenses 257 - Total expenses 552 158 Net loss $ (534 ) $ (155 ) Condensed Statement of Cash Flows For the Periods Ended December 31, 2016 and 2015 2016 2015 (In thousands) Operating activities Net loss $ (534 ) $ (155 ) Other adjustments 21 34 Items not requiring cash: Equity in net loss of Bank subsidiary 295 158 Net cash from operating activities (218 ) 37 Investing activities Investment in Bank subsidiary - (3,400 ) Financing activities Proceeds from issuance of common stock - 5,196 Net change in cash (218 ) 1,833 Cash at beginning of period 1,833 - Cash at end of period $ 1,615 $ 1,833

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include New Bancorp, Inc. and its wholly-owned subsidiary the Bank, together referred to as the “Company.” Intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, mortgage servicing rights, valuation of deferred tax assets and fair values of financial instruments.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three December 31, 2016, $5.7 $2.1 December 31, 2016,
Deposits in Banks [Policy Text Block]	Interest-earning Deposits in Banks Interest-earning time deposits in banks mature in two
Marketable Securities, Policy [Policy Text Block]	Securities Certain debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. Trading securities are recorded at fair value with changes in fair value included in earnings. Securities not classified as held to maturity or trading, are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. For debt securities with fair value below amortized cost, when the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income.
Loans Held-for-sale [Policy Text Block]	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses and any unamortized deferred fees or costs on originated loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management ’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may may A loan is considered impaired when, based on current information and events, it is probable that the Company 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 for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group ’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets. The estimated useful lives of depreciable assets is 39 10 three seven
Federal Home Loan Bank Stock [Policy Text Block]	Federal Home Loan Bank Stock Federal Home Loan Bank (“FHLB”) stock is a required investment for institutions that are members of the FHLB system. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment.
Loans and Leases Receivable, Real Estate Acquired Through Foreclosure, Policy [Policy Text Block]	Foreclosed Real Estate Held for Sale Real estate acquired through, or in lieu of, loan foreclosure is held for sale and is initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net income or expense from foreclosed assets. Foreclosed real estate held for sale consisted of residential real estate at December 31, 2016 2015. $323,681 December 31, 2016.
Loans and Leases Receivable, Mortgage Banking Activities, Policy [Policy Text Block]	Servicing Rights Servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance (ASC 860 50), Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may may Each class of separately recognized servicing assets subsequently measured using the amortization method are evaluated and measured for impairment. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the carrying amount of the servicing assets for that tranche. The valuation allowance is adjusted to reflect changes in the measurement of impairment after the initial measurement of impairment. Fair value in excess of the carrying amount of servicing assets for that stratum is not recognized. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income.
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	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 Company —put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) (3)
Income Tax, Policy [Policy Text Block]	Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740, Income Taxes two Tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 50 ’s judgment. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company has established a full valuation allowance for its net deferred tax asset as of December 31, 2016 2015. 9,
Life Settlement Contracts, Policy [Policy Text Block]	Bank Owned Life Insurance The cash surrender value of bank owned life insurance policies represents the value of life insurance policies on certain current and former officers of the Company for which the Company is the beneficiary. The Company accounts for these assets using the cash surrender value method in determining the carrying value of the insurance policies.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income (Loss) Comprehensive income (loss) consists of net income (loss) and other comprehensive income. The Company had no elements of other comprehensive income at December 31, 2016 2015.
Earnings Per Share, Policy [Policy Text Block]	Loss Per Share Basic loss per share excludes dilution and is calculated by dividing net loss applicable to common stock by the weighted-average number of shares of common stock outstanding during the period, less unallocated ESOP shares. The Company had no December 31, 2016 2015. Unallocated common shares held by the Company ’s Employee Stock Ownership Plan (the “ESOP”) are shown as a reduction in stockholders’ equity and are excluded from weighted-average common shares outstanding for both basic and diluted loss per share calculations until they are committed to be released.
Emerging Growth Company, Policy [Policy Text Block]	Emerging Growth Company Critical Accounting Policy Disclosure We are an “emerging growth company,” as defined in Section 2(a) 1933 2012 As an “emerging growth company” we have elected to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. Accordingly, our financial statements may
New Accounting Pronouncements, Policy [Policy Text Block]	FASB ASU 2016 01, In January 2016, 2016 01, Recognition and Measurement of Financial Assets and Financial Liabilities For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2017, For all other entities, the guidance is effective for fiscal years beginning after December 15, 2018 December 15, 2019. FASB ASU 2016 02, In February 2016 2016 02, Leases. ● A lease liability, which is a lessee ’s obligation to make lease payments arising from a lease, measured on a discounted basis; and ● A right-of-use asset, which is an asset that represents the lessee ’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no longer be provided with a source of off-balance sheet financing. Public business entities should apply the amendments in ASU 2016 02 December 15, 2018, January 1, 2019, or non-public entities, the guidance is effective date for fiscal years beginning after December 15, 2019. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may ’s financial statements. FASB ASU 2016 13, – Credit Losses In June 2016, 2016 13, The amendments in this Update replace the incurred loss model with a methodology that reflects expected credit losses over the life of the loan and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. The amendments are effective for public business entities for the first December 15, 2019. one first 2016. FASB ASU 2014 09, In May 2014, exchange for those goods or services. The amended guidance is effective for annual reporting periods beginning after December 15, 2017, 2015 14 July 9, 2015, 2014 09 one

Note 4 - Loans and Allowance 26

Note 4 - Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	2016 2015 (In thousands) Real estate loans Residential $ 38,636 $ 41,972 Commercial 35,709 27,319 Construction and land 10,233 7,196 Commercial business 1,000 1,354 Consumer and other 335 321 Total loans 85,913 78,162 Less: Net deferred loan fees, premiums and discounts (70 ) (2 ) Undisbursed loans in process (1,772 ) (430 ) Allowance for loan losses (1,063 ) (1,155 ) Net loans $ 83,008 $ 76,575
Allowance for Credit Losses on Financing Receivables [Table Text Block]	December 31, 2016 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Allowance for loan losses: Balance, January 1, 2016 $ 648 $ 383 $ 102 $ 19 $ 3 $ 1,155 Provision for loan losses 141 (57 ) (71 ) (15 ) 2 - Charge-offs (133 ) - - - - (133 ) Recoveries - - 41 - - 41 Balance, December 31, 2016 $ 656 $ 326 $ 72 $ 4 $ 5 $ 1,063 Allowance for loan losses: Ending balance, individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending balance, collectively evaluated for impairment $ 656 $ 326 $ 72 $ 4 $ 5 $ 1,063 Loans: Ending balance $ 38,636 $ 35,709 $ 10,233 $ 1,000 $ 335 $ 85,913 Ending balance; individually evaluated for impairment $ 2,779 $ 533 $ 1,709 $ - $ - $ 5,021 Ending balance; collectively evaluated for impairment $ 35,857 $ 35,176 $ 8,524 $ 1,000 $ 335 $ 80,892 December 31, 2015 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Allowance for loan losses: Balance, January 1, 2015 $ 575 $ 418 $ 126 $ 23 $ 5 $ 1,147 Provision (credit) for loan losses 65 (35 ) (24 ) (4 ) (2 ) - Charge-offs - - - - - - Recoveries 8 - - - - 8 Balance, December 31, 2015 $ 648 $ 383 $ 102 $ 19 $ 3 $ 1,155 Allowance for loan losses: Ending balance, individually evaluated for impairment $ 20 $ - $ - $ - $ - $ 20 Ending balance, collectively evaluated for impairment $ 628 $ 383 $ 102 $ 19 $ 3 $ 1,135 Loans: Ending balance $ 41,972 $ 27,319 $ 7,196 $ 1,354 $ 321 $ 78,162 Ending balance; individually evaluated for impairment $ 1,763 $ 229 $ 1,751 $ - $ - $ 3,743 Ending balance; collectively evaluated for impairment $ 40,209 $ 27,090 $ 5,445 $ 1,354 $ 321 $ 74,419
Financing Receivable Credit Quality Indicators [Table Text Block]	December 31, 2016 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Pass $ 36,324 $ 35,211 $ 9,210 $ 965 $ 325 $ 82,035 Special mention/Watch 415 - - - 10 425 Substandard 1,897 498 1,023 35 - 3,453 Doubtful - - - - - - Total $ 38,636 $ 35,709 $ 10,233 $ 1,000 $ 335 $ 85,913 December 31, 2015 Real Estate Construction Commercial Residential Commercial and Land Business Consumer Total (In thousands) Pass $ 39,842 $ 26,178 $ 7,022 $ 1,354 $ 294 $ 74,690 Special mention/Watch 686 529 8 - 27 1,250 Substandard 1,444 612 166 - - 2,222 Doubtful - - - - - - Total $ 41,972 $ 27,319 $ 7,196 $ 1,354 $ 321 $ 78,162
Past Due Financing Receivables [Table Text Block]	December 31, 2016 Greater Total Loans > 30-59 Days 60-89 Days Than Total Total Loans 90 Days & Past Due Past Due 90 Days Past Due Current Receivable Accruing (In thousands) Real estate Residential $ 194 $ - $ 327 $ 521 $ 38,115 $ 38,636 $ - Commercial - - 4 4 35,705 35,709 - Construction and land - - - - 10,233 10,233 - Commercial business - - - - 1,000 1,000 - Consumer - - - - 335 335 - Total $ 194 $ - $ 331 $ 525 $ 85,388 $ 85,913 $ - December 31, 2015 Greater Total Loans > 30-59 Days 60-89 Days Than Total Total Loans 90 Days & Past Due Past Due 90 Days Past Due Current Receivable Accruing (In thousands) Real estate Residential $ 455 $ 100 $ 598 $ 1,153 $ 40,819 $ 41,972 $ - Commercial - 7 - 7 27,312 27,319 - Construction and land - - 166 166 7,030 7,196 - Commercial business - - - - 1,354 1,354 - Consumer - - - - 321 321 - Total $ 455 $ 107 $ 764 $ 1,326 $ 76,836 $ 78,162 $ -
Impaired Financing Receivables [Table Text Block]	As of and for the year ended December 31, 2016 Unpaid Average Balance of Interest Recorded Balance Principal Balance Specific Allowance Impaired Loans Income Recognized (In thousands) Loans without a specific valuation allowance: Real estate Residential $ 2,779 $ 2,936 $ - $ 2,420 $ 140 Commercial 533 560 - 230 28 Construction and land 1,709 1,709 - 1,760 95 Commercial business - - - - - Consumer - - - - - Loans with a specific valuation allowance: Real estate Residential - - - - - Commercial - - - - - Construction and land - - - - - Commercial business - - - - - Consumer - - - - - Totals $ 5,021 $ 5,205 $ - $ 4,410 $ 263 As of and for the year ended December 31, 2015 Unpaid Average Balance of Interest Recorded Balance Principal Balance Specific Allowance Impaired Loans Income Recognized (In thousands) Loans without a specific valuation allowance: Real estate Residential $ 1,607 $ 1,647 $ - $ 1,413 $ 66 Commercial 229 229 - 238 16 Construction and land 1,751 1,751 - 1,816 87 Commercial business - - - - - Consumer - - - - - Loans with a specific valuation allowance: Real estate Residential 156 166 20 118 - Commercial - - - - - Construction and land - - - - - Commercial business - - - - - Consumer - - - - - Totals $ 3,743 $ 3,793 $ 20 $ 3,585 $ 169
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	December 31, 2016 2015 (In thousands) Real estate loans Residential $ 614 $ 987 Commercial 4 7 Construction and land - 166 Commercial business - - Consumer and other - - Total nonaccrual $ 618 $ 1,160
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	December 31, 2015 Number of Contracts Pre- Modification Balance Post- Modification Balance (In thousands) Real estate Residential 1 $ 50 $ 50 Commercial 1 42 42 Construction and land - - - Commercial business - - - Consumer - - - 2 $ 92 $ 92
Troubled Debt Restructurings on Financing Receivables, Modification Type [Table Text Block]	Interest Only Term Combination Total Modification December 31, 2015 (In thousands) Real estate Residential $ - $ 50 $ - $ 50 Commercial - 42 - 42 Construction and land - - - - Commercial business - - - - Consumer - - - - $ - $ 92 $ - $ 92

Note 5 - Premises and Equipme27

Note 5 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	2016 2015 (In thousands) Land $ 342 $ 342 Buildings and improvements 3,155 3,145 Furniture and equipment 2,503 2,418 6,000 5,905 Less accumulated depreciation 4,066 3,881 Net premises and equipment $ 1,934 $ 2,024

Note 6 - Loan Servicing (Tables

Note 6 - Loan Servicing (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Servicing Assets at Fair Value [Table Text Block]	2016 2015 (In thousands) Balance at beginning of year $ 317 $ 269 Additions 251 115 Amortization (85 ) (67 ) Balance at end of year $ 483 $ 317

Note 7 - Time Deposits (Tables)

Note 7 - Time Deposits (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Deposits, Schedule of Maturities [Table Text Block]	2016 (In thousands) Maturing year ending December 31, 2017 $ 14,126 2018 6,113 2019 3,863 2020 5,690 2021 1,661 Thereafter 308 $ 31,761

Note 8 - Borrowings (Tables)

Note 8 - Borrowings (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Federal Home Loan Bank, Advances, Maturities [Table Text Block]	Maturing in year ended Interest rate December 31, 2016 (In thousands) 1.43% 2017 $ 1,000 1.34% - 1.80% 2018 4,100 1.85% 2019 1,927 2.08% 2020 3,000 $ 10,027

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31, 2016 2015 (In thousands) Computed at statutory rate (34%) $ (182 ) $ (59 ) Increase (decrease) resulting from: Bank-owned life insurance (58 ) (56 ) Change in valuation allowance 234 112 Other 3 (36 ) Actual income tax benefit $ - $ -
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2016 2015 (In thousands) Deferred tax assets Allowance for loan losses $ 368 $ 400 Deferred compensation 58 48 Expenses on foreclosed assets held for sale - 35 Net operating loss carryforward 4,287 3,943 Deferred loan origination costs 12 - Other 8 26 Deferred tax assets 4,733 4,452 Deferred tax liabilities Federal Home Loan Bank stock dividends (16 ) (16 ) Mortgage servicing rights (167 ) (110 ) Deferred loan orgination fees - (1 ) Depreciation (24 ) (33 ) Deferred tax liabilities (207 ) (160 ) Net deferred tax asset before valuation allowance 4,526 4,292 Valuation allowance Beginning balance (4,292 ) (4,180 ) Increase during period (234 ) (112 ) Ending balance (4,526 ) (4,292 ) Net deferred tax asset $ - $ -

Note 10 - Regulatory Matters (T

Note 10 - Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2016 Total Capital (to Risk-Weighted Assets) $ 13,943 17.6 % $ 6,327 8.0 % $ 7,908 10.0 % Tier 1 Capital (to Risk-Weighted Assets) $ 12,954 16.4 % $ 4,745 6.0 % $ 6,327 8.0 % Common Equity Tier I Capital (to Risk-Weighted Assets) $ 12,954 16.4 % $ 3,559 4.5 % $ 5,140 6.5 % Tier I Leverage Capital (to Average Total Assets) $ 12,954 12.9 % $ 4,024 4.0 % $ 5,030 5.0 % As of December 31, 2015 Total Capital (to Risk-Weighted Assets) $ 14,072 21.3 % $ 5,295 8.0 % $ 6,618 10.0 % Tier 1 Capital (to Risk-Weighted Assets) $ 13,241 20.0 % $ 3,971 6.0 % $ 5,295 8.0 % Common Equity Tier I Capital (to Risk-Weighted Assets) $ 13,241 20.0 % $ 2,978 4.5 % $ 4,302 6.5 % Tier I Leverage Capital (to Average Total Assets) $ 13,241 13.9 % $ 3,801 4.0 % $ 4,752 5.0 %

Note 15 - Disclosures About F33

Note 15 - Disclosures About Fair Value of Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurement Using Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) December 31, 2016 Impaired loans $ 232 $ - $ - $ 232 December 31, 2015 Impaired loans $ 136 $ - $ - $ 136 Foreclosed assets held for sale 245 - - 245
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Fair Value Valuation Technique Unobservable Inputs Range (In thousands) December 31, 2016 Impaired loans (collateral dependent) $ 232 Marketable comparable properties Marketability discount 10% - 15% December 31, 2015 Impaired loans (collateral dependent) $ 136 Marketable comparable properties Marketability discount 10% - 15% Foreclosed real estate 245 Marketable comparable properties Comparability adjustments 10%
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurement Using Carrying Value Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) December 31, 2016 Financial assets Cash and due from banks $ 1,419 $ 1,419 $ 1,419 $ - $ - Interest-earning demand deposits 8,438 8,438 8,438 - - Interest-earning time deposits in banks 992 992 - 992 - Loans, net 83,008 83,538 - - 83,538 Federal Home Loan Bank stock 468 468 - 468 - Accrued interest receivable 203 203 - 203 - Servicing rights 483 483 - - 483 Financial liabilities Deposits 76,841 77,104 45,080 32,024 - Federal funds purchased 1,000 1,000 1,000 - - Advances from the Federal Home Loan Bank 10,027 10,127 - 10,127 - Accrued interest payable 7 7 - 7 - December 31, 2015 Financial assets Cash and due from banks $ 7,132 $ 7,132 $ 7,132 $ - $ - Interest-earning demand deposits 1,678 1,678 1,678 - - Interest-earning time deposits in banks 992 992 - 992 - Loans, net 76,575 77,086 - - 77,086 Federal Home Loan Bank stock 468 468 - 468 - Accrued interest receivable 217 217 - 217 - Mortgage servicing rights 317 317 - - 317 Financial liabilities Deposits 72,266 72,708 39,353 33,355 - Advances from the Federal Home Loan Bank 6,927 7,023 - 7,023 - Accrued interest payable 11 11 - 11 -

Note 18 - Condensed Financial34

Note 18 - Condensed Financial Information (Parent Company Only) (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Condensed Balance Sheet [Table Text Block]	Condensed Balance Sheets December 31, 2016 and 2015 2016 2015 (In thousands) Assets Cash $ 1,615 $ 1,833 Investment in Bank subsidiary 12,955 13,241 Total assets $ 14,570 $ 15,074 Liabilities and Shareholders' Equity Liabilities $ 1 $ - Redeemable common stock held by ESOP 73 44 Shareholders' equity less maximum cash obligation related to ESOP shares 14,496 15,030 Total liabilities and shareholders' equity $ 14,570 $ 15,074
Condensed Income Statement [Table Text Block]	Condensed Statement of Operations For the Periods Ended December 31, 2016 and 2015 2016 2015 (In thousands) Income Interest income $ 18 $ 3 Expenses Equity in net loss of Bank subsidiary 295 158 General and administrative expenses 257 - Total expenses 552 158 Net loss $ (534 ) $ (155 )
Condensed Cash Flow Statement [Table Text Block]	Condensed Statement of Cash Flows For the Periods Ended December 31, 2016 and 2015 2016 2015 (In thousands) Operating activities Net loss $ (534 ) $ (155 ) Other adjustments 21 34 Items not requiring cash: Equity in net loss of Bank subsidiary 295 158 Net cash from operating activities (218 ) 37 Investing activities Investment in Bank subsidiary - (3,400 ) Financing activities Proceeds from issuance of common stock - 5,196 Net change in cash (218 ) 1,833 Cash at beginning of period 1,833 - Cash at end of period $ 1,615 $ 1,833

Note 1 - Nature of Operations35

Note 1 - Nature of Operations and Summary of Significant Accounting Policies (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Oct. 19, 2015
Common Stock, Shares, Issued	696,600	696,600	696,600
Share Price	$ 13.75		$ 10
Cash, Uninsured Amount	$ 5,700,000
Restricted Cash and Cash Equivalents	$ 2,100,000
Maturity of Time Deposits	2 years
Mortgage Loans in Process of Foreclosure, Amount	$ 323,681
Weighted Average Number Diluted Shares Outstanding Adjustment	0	0
Building [Member]
Property, Plant and Equipment, Useful Life	39 years
Building Improvements [Member]
Property, Plant and Equipment, Useful Life	10 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life		7 years

Note 2 - Restriction on Cash 36

Note 2 - Restriction on Cash and Due From Banks (Details Textual) $ in Thousands	Dec. 31, 2016USD ($)
Federal Reserve Bank, Reserve Balance Requirement	$ 0

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Available-for-sale Securities	$ 0	$ 0
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 0

Note 4 - Loans and Allowance 38

Note 4 - Loans and Allowance for Loan Losses (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Small Business Administration Loans, Percentage of Principal Balance, Guaranteed	75.00%
Small Business Administration Loans, Percentage of Principal Balance, Sold	75.00%
Small Business Administration Loans, Percentage of Principal Balance, Retained	25.00%
Financing Receivable, Modifications, Number of Contracts	0	2
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 0	$ 0
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	$ 0	$ 0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0
Residential Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts		1
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Loans and Leases Receivable, Collateral for Secured Borrowings	$ 4,700	$ 4,200

Note 4 - Loans and Allowance 39

Note 4 - Loans and Allowance for Loan Losses - Classes of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Loans receivable, gross	$ 85,913	$ 78,162
Net deferred loan fees, premiums and discounts	(70)	(2)
Undisbursed loans in process	(1,772)	(430)
Allowance for loan losses	(1,063)	(1,155)	$ (1,147)
Net loans	83,008	76,575
Residential Portfolio Segment [Member]
Loans receivable, gross	38,636	41,972
Allowance for loan losses	(656)	(648)	(575)
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, gross	35,709	27,319
Allowance for loan losses	(326)	(383)	(418)
Construction and Land Real Estate [Member]
Loans receivable, gross	10,233	7,196
Allowance for loan losses	(72)	(102)	(126)
Commercial Portfolio Segment [Member]
Loans receivable, gross	1,000	1,354
Allowance for loan losses	(4)	(19)	(23)
Consumer Portfolio Segment [Member]
Loans receivable, gross	335	321
Allowance for loan losses	$ (5)	$ (3)	$ (5)

Note 4 - Loans and Allowance 40

Note 4 - Loans and Allowance for Loan Losses - Activity in Allowance for Loan Losses and Recorded Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Balance	$ 1,155	$ 1,147
Provision (credit) for loan losses
Charge-offs	(133)
Recoveries	41	8
Balance	1,063	1,155
Ending balance, individually evaluated for impairment		20
Ending balance, collectively evaluated for impairment	1,063	1,135
Ending balance	85,913	78,162
Ending balance; individually evaluated for impairment	5,021	3,743
Ending balance; collectively evaluated for impairment	80,892	74,419
Residential Portfolio Segment [Member]
Balance	648	575
Provision (credit) for loan losses	141	65
Charge-offs	(133)
Recoveries		8
Balance	656	648
Ending balance, individually evaluated for impairment		20
Ending balance, collectively evaluated for impairment	656	628
Ending balance	38,636	41,972
Ending balance; individually evaluated for impairment	2,779	1,763
Ending balance; collectively evaluated for impairment	35,857	40,209
Commercial Real Estate Portfolio Segment [Member]
Balance	383	418
Provision (credit) for loan losses	(57)	(35)
Charge-offs
Recoveries
Balance	326	383
Ending balance, individually evaluated for impairment
Ending balance, collectively evaluated for impairment	326	383
Ending balance	35,709	27,319
Ending balance; individually evaluated for impairment	533	229
Ending balance; collectively evaluated for impairment	35,176	27,090
Construction and Land Real Estate [Member]
Balance	102	126
Provision (credit) for loan losses	(71)	(24)
Charge-offs
Recoveries	41
Balance	72	102
Ending balance, individually evaluated for impairment
Ending balance, collectively evaluated for impairment	72	102
Ending balance	10,233	7,196
Ending balance; individually evaluated for impairment	1,709	1,751
Ending balance; collectively evaluated for impairment	8,524	5,445
Commercial Portfolio Segment [Member]
Balance	19	23
Provision (credit) for loan losses	(15)	(4)
Charge-offs
Recoveries
Balance	4	19
Ending balance, individually evaluated for impairment
Ending balance, collectively evaluated for impairment	4	19
Ending balance	1,000	1,354
Ending balance; individually evaluated for impairment
Ending balance; collectively evaluated for impairment	1,000	1,354
Consumer Portfolio Segment [Member]
Balance	3	5
Provision (credit) for loan losses	2	(2)
Charge-offs
Recoveries
Balance	5	3
Ending balance, individually evaluated for impairment
Ending balance, collectively evaluated for impairment	5	3
Ending balance	335	321
Ending balance; individually evaluated for impairment
Ending balance; collectively evaluated for impairment	$ 335	$ 321

Note 4 - Loans and Allowance 41

Note 4 - Loans and Allowance for Loan Losses - Credit Risk Profile Based on Internal Rating Category (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Loans receivable, gross	$ 85,913	$ 78,162
Residential Portfolio Segment [Member]
Loans receivable, gross	38,636	41,972
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, gross	35,709	27,319
Construction and Land Real Estate [Member]
Loans receivable, gross	10,233	7,196
Commercial Portfolio Segment [Member]
Loans receivable, gross	1,000	1,354
Consumer Portfolio Segment [Member]
Loans receivable, gross	335	321
Pass [Member]
Loans receivable, gross	82,035	74,690
Pass [Member] | Residential Portfolio Segment [Member]
Loans receivable, gross	36,324	39,842
Pass [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, gross	35,211	26,178
Pass [Member] | Construction and Land Real Estate [Member]
Loans receivable, gross	9,210	7,022
Pass [Member] | Commercial Portfolio Segment [Member]
Loans receivable, gross	965	1,354
Pass [Member] | Consumer Portfolio Segment [Member]
Loans receivable, gross	325	294
Special Mention [Member]
Loans receivable, gross	425	1,250
Special Mention [Member] | Residential Portfolio Segment [Member]
Loans receivable, gross	415	686
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, gross		529
Special Mention [Member] | Construction and Land Real Estate [Member]
Loans receivable, gross		8
Special Mention [Member] | Commercial Portfolio Segment [Member]
Loans receivable, gross
Special Mention [Member] | Consumer Portfolio Segment [Member]
Loans receivable, gross	10	27
Substandard [Member]
Loans receivable, gross	3,453	2,222
Substandard [Member] | Residential Portfolio Segment [Member]
Loans receivable, gross	1,897	1,444
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, gross	498	612
Substandard [Member] | Construction and Land Real Estate [Member]
Loans receivable, gross	1,023	166
Substandard [Member] | Commercial Portfolio Segment [Member]
Loans receivable, gross	35
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans receivable, gross
Doubtful [Member]
Loans receivable, gross
Doubtful [Member] | Residential Portfolio Segment [Member]
Loans receivable, gross
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, gross
Doubtful [Member] | Construction and Land Real Estate [Member]
Loans receivable, gross
Doubtful [Member] | Commercial Portfolio Segment [Member]
Loans receivable, gross
Doubtful [Member] | Consumer Portfolio Segment [Member]
Loans receivable, gross

Note 4 - Loans and Allowance 42

Note 4 - Loans and Allowance for Loan Losses - Aging Analysis of the Recorded Investment in Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Loans past due	$ 525	$ 1,326
Current	85,388	76,836
Loans receivable, gross	85,913	78,162
90 days past due and still accruing
Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due	194	455
Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due		107
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due	331	764
Residential Portfolio Segment [Member]
Loans past due	521	1,153
Current	38,115	40,819
Loans receivable, gross	38,636	41,972
90 days past due and still accruing
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due	194	455
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due		100
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due	327	598
Commercial Real Estate Portfolio Segment [Member]
Loans past due	4	7
Current	35,705	27,312
Loans receivable, gross	35,709	27,319
90 days past due and still accruing
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due		7
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due	4
Construction and Land Real Estate [Member]
Loans past due		166
Current	10,233	7,030
Loans receivable, gross	10,233	7,196
90 days past due and still accruing
Construction and Land Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due
Construction and Land Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due
Construction and Land Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due		166
Commercial Portfolio Segment [Member]
Loans past due
Current	1,000	1,354
Loans receivable, gross	1,000	1,354
90 days past due and still accruing
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due
Consumer Portfolio Segment [Member]
Loans past due
Current	335	321
Loans receivable, gross	335	321
90 days past due and still accruing
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due

Note 4 - Loans and Allowance 43

Note 4 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Specific allowance		$ 20
Recorded balance	5,021	3,743
Unpaid principal balance	5,205	3,793
Average balance of impaired loans	4,410	3,585
Interest income recognized	263	169
Residential Portfolio Segment [Member]
Recorded balance, with no valuation allowance	2,779	1,607
Unpaid principal balance, with no valuation allowance	2,936	1,647
Average balance of impaired loans, without a valuation allowance	2,420	1,413
Interest income recognized, without a valuation allowance	140	66
Recorded balance, with a valuation allowance		156
Unpaid principal balance, with a valuation allowance		166
Specific allowance		20
Average balance of impaired loans, with a valuation allowance		118
Interest income recognized, with a valuation allowance
Commercial Real Estate Portfolio Segment [Member]
Recorded balance, with no valuation allowance	533	229
Unpaid principal balance, with no valuation allowance	560	229
Average balance of impaired loans, without a valuation allowance	230	238
Interest income recognized, without a valuation allowance	28	16
Recorded balance, with a valuation allowance
Unpaid principal balance, with a valuation allowance
Specific allowance
Average balance of impaired loans, with a valuation allowance
Interest income recognized, with a valuation allowance
Construction and Land Real Estate [Member]
Recorded balance, with no valuation allowance	1,709	1,751
Unpaid principal balance, with no valuation allowance	1,709	1,751
Average balance of impaired loans, without a valuation allowance	1,760	1,816
Interest income recognized, without a valuation allowance	95	87
Recorded balance, with a valuation allowance
Unpaid principal balance, with a valuation allowance
Specific allowance
Average balance of impaired loans, with a valuation allowance
Interest income recognized, with a valuation allowance
Commercial Portfolio Segment [Member]
Recorded balance, with no valuation allowance
Unpaid principal balance, with no valuation allowance
Average balance of impaired loans, without a valuation allowance
Interest income recognized, without a valuation allowance
Recorded balance, with a valuation allowance
Unpaid principal balance, with a valuation allowance
Specific allowance
Average balance of impaired loans, with a valuation allowance
Interest income recognized, with a valuation allowance
Consumer Portfolio Segment [Member]
Recorded balance, with no valuation allowance
Unpaid principal balance, with no valuation allowance
Average balance of impaired loans, without a valuation allowance
Interest income recognized, without a valuation allowance
Recorded balance, with a valuation allowance
Unpaid principal balance, with a valuation allowance
Specific allowance
Average balance of impaired loans, with a valuation allowance
Interest income recognized, with a valuation allowance

Note 4 - Loans and Allowance 44

Note 4 - Loans and Allowance for Loan Losses - Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Nonaccrual loans	$ 618	$ 1,160
Residential Portfolio Segment [Member]
Nonaccrual loans	614	987
Commercial Real Estate Portfolio Segment [Member]
Nonaccrual loans	4	7
Construction and Land Real Estate [Member]
Nonaccrual loans		166
Commercial Portfolio Segment [Member]
Nonaccrual loans
Consumer Portfolio Segment [Member]
Nonaccrual loans

Note 4 - Loans and Allowance 45

Note 4 - Loans and Allowance for Loan Losses - Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015USD ($)
Number of contracts	0	2
Pre-modification balance		$ 92
Post-modification balance		$ 92
Residential Portfolio Segment [Member]
Number of contracts		1
Pre-modification balance		$ 50
Post-modification balance		$ 50
Commercial Real Estate Portfolio Segment [Member]
Number of contracts		1
Pre-modification balance		$ 42
Post-modification balance		$ 42
Construction and Land Real Estate [Member]
Number of contracts
Pre-modification balance
Post-modification balance
Commercial Portfolio Segment [Member]
Number of contracts
Pre-modification balance
Post-modification balance
Consumer Portfolio Segment [Member]
Number of contracts
Pre-modification balance
Post-modification balance

Note 4 - Loans and Allowance 46

Note 4 - Loans and Allowance for Loan Losses - Restructured Loans by Type of Modification (Details) $ in Thousands	Dec. 31, 2015USD ($)
Loan restructuring, modifications, recorded investment	$ 92
Contractual Interest Rate Reduction [Member]
Loan restructuring, modifications, recorded investment
Extended Maturity [Member]
Loan restructuring, modifications, recorded investment	92
Interest Rate Reduction and Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Residential Portfolio Segment [Member]
Loan restructuring, modifications, recorded investment	50
Residential Portfolio Segment [Member] | Contractual Interest Rate Reduction [Member]
Loan restructuring, modifications, recorded investment
Residential Portfolio Segment [Member] | Extended Maturity [Member]
Loan restructuring, modifications, recorded investment	50
Residential Portfolio Segment [Member] | Interest Rate Reduction and Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Commercial Real Estate Portfolio Segment [Member]
Loan restructuring, modifications, recorded investment	42
Commercial Real Estate Portfolio Segment [Member] | Contractual Interest Rate Reduction [Member]
Loan restructuring, modifications, recorded investment
Commercial Real Estate Portfolio Segment [Member] | Extended Maturity [Member]
Loan restructuring, modifications, recorded investment	42
Commercial Real Estate Portfolio Segment [Member] | Interest Rate Reduction and Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Construction and Land Real Estate [Member]
Loan restructuring, modifications, recorded investment
Construction and Land Real Estate [Member] | Contractual Interest Rate Reduction [Member]
Loan restructuring, modifications, recorded investment
Construction and Land Real Estate [Member] | Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Construction and Land Real Estate [Member] | Interest Rate Reduction and Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Commercial Portfolio Segment [Member]
Loan restructuring, modifications, recorded investment
Commercial Portfolio Segment [Member] | Contractual Interest Rate Reduction [Member]
Loan restructuring, modifications, recorded investment
Commercial Portfolio Segment [Member] | Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Commercial Portfolio Segment [Member] | Interest Rate Reduction and Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Consumer Portfolio Segment [Member]
Loan restructuring, modifications, recorded investment
Consumer Portfolio Segment [Member] | Contractual Interest Rate Reduction [Member]
Loan restructuring, modifications, recorded investment
Consumer Portfolio Segment [Member] | Extended Maturity [Member]
Loan restructuring, modifications, recorded investment
Consumer Portfolio Segment [Member] | Interest Rate Reduction and Extended Maturity [Member]
Loan restructuring, modifications, recorded investment

Note 5 - Premises and Equipme47

Note 5 - Premises and Equipment - Major Classifications of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Land	$ 6,000	$ 5,905
Less accumulated depreciation	4,066	3,881
Net premises and equipment	1,934	2,024
Land [Member]
Land	342	342
Building and Building Improvements [Member]
Land	3,155	3,145
Furniture and Fixtures [Member]
Land	$ 2,503	$ 2,418

Note 6 - Loan Servicing (Detail

Note 6 - Loan Servicing (Details Textual) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	$ 50.5	$ 40.6
Small Business Administration Loans [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	$ 5.3

Note 6 - Loan Servicing - Mortg

Note 6 - Loan Servicing - Mortgage Servicing Rights Activity (Details) - Mortgage Servicing Rights [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Balance at beginning of year	$ 317	$ 269
Additions	251	115
Amortization	(85)	(67)
Balance at end of year	$ 483	$ 317

Note 7 - Time Deposits (Details

Note 7 - Time Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Time Deposits, at or Above FDIC Insurance Limit	$ 6.1	$ 4.6
Interest-bearing Domestic Deposit, Brokered	$ 3.3	$ 2.5

Note 7 - Time Deposits - Schedu

Note 7 - Time Deposits - Scheduled Maturities of Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
2,017	$ 14,126
2,018	6,113
2,019	3,863
2,020	5,690
2,021	1,661
Thereafter	308
	$ 31,761	$ 32,913

Note 8 - Borrowings (Details Te

Note 8 - Borrowings (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Advances from Federal Home Loan Banks	$ 10,027	$ 6,927
Federal Funds Purchased	1,000
UBB Securities [Member]
Federal Funds Purchased	$ 1,000	0
Debt Instrument, Interest Rate, Stated Percentage	1.13%
Federal Home Loan Bank [Member]
Debt Instrument, Unused Borrowing Capacity, Amount	$ 7,500
Eligible Mortage Loans [Member]
Advances from Federal Home Loan Banks	$ 23,900	$ 23,100

Note 8 - Borrowings - Maturitie

Note 8 - Borrowings - Maturities of Advances from the Federal Home Loan Bank (Details) $ in Thousands	Dec. 31, 2016USD ($)
Interest rate, 2017	1.43%
Federal Home Loan Bank Advances, 2017	$ 1,000
Federal Home Loan Bank Advances, 2018	$ 4,100
Interest rate, 2019	1.85%
Federal Home Loan Bank Advances, 2019	$ 1,927
Interest rate, 2020	2.08%
Federal Home Loan Bank Advances, 2020	$ 3,000
Federal Home Loan Bank Advances, total	$ 10,027
Minimum [Member]
Interest rate, 2018	1.34%
Maximum [Member]
Interest rate, 2018	1.80%

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Bad Debt Reserve forTax Purposes of Qualified Lender	$ 1,500,000	$ 1,500,000
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability that Would Have Been Recognized	510,000	510,000
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Bad Debt Reserve for Tax Purposes of Qualified Lender	0	0
Unrecognized Tax Benefits	0	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	0	$ 0
Internal Revenue Service (IRS) [Member] | Domestic Tax Authority [Member]
Operating Loss Carryforwards	$ 12,400,000
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2030
Indiana Department of Revenue [Member] | State and Local Jurisdiction [Member]
Operating Loss Carryforwards	$ 1,100,000
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2024

Note 9 - Income Taxes - Reconci

Note 9 - Income Taxes - Reconciliation of Federal Income Tax Expense (Benefit) at the Statutory Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Computed at statutory rate (34%)	$ (182)	$ (59)
Bank-owned life insurance	(58)	(56)
Change in valuation allowance	234	112
Other	3	(36)
Actual income tax benefit

Note 9 - Income Taxes - Recon56

Note 9 - Income Taxes - Reconciliation of Federal Income Tax Expense (Benefit) at the Statutory Rate (Details) (Parentheticals)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statutory rate	34.00%	34.00%

Note 9 - Income Taxes - Composi

Note 9 - Income Taxes - Composition of Net Deferred Tax Asset (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets
Allowance for loan losses	$ 368	$ 400
Deferred compensation	58	48
Expenses on foreclosed assets held for sale		35
Net operating loss carryforward	4,287	3,943
Deferred loan origination costs	12
Other	8	26
Deferred tax assets	4,733	4,452
Deferred tax liabilities
Federal Home Loan Bank stock dividends	(16)	(16)
Mortgage servicing rights	(167)	(110)
Deferred loan orgination fees		(1)
Depreciation	(24)	(33)
Deferred tax liabilities	(207)	(160)
Net deferred tax asset before valuation allowance	4,526	4,292
Valuation allowance
Beginning balance	(4,292)	(4,180)
Increase during period	(234)	(112)
Ending balance	(4,526)	(4,292)
Net deferred tax asset	$ 0	$ 0

Note 10 - Regulatory Matters (D

Note 10 - Regulatory Matters (Details Textual)	Jan. 01, 2019	Dec. 31, 2016
Capital Conservation Buffer		0.00%
Scenario, Forecast [Member]
Capital Conservation Buffer	2.50%

Note 10 - Regulatory Matters -

Note 10 - Regulatory Matters - Actual Capital Amounts and Ratios (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Capital	$ 13,943	$ 14,072
Capital to Risk Weighted Assets	17.60%	21.30%
Capital Required for Capital Adequacy	$ 6,327	$ 5,295
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Capital Required to be Well Capitalized	$ 7,908	$ 6,618
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%	10.00%
Tier 1 Capital	$ 12,954	$ 13,241
Tier 1 Capital to Risk Weighted Assets	16.40%	20.00%
Tier 1 Risk Based Capital Required for Capital Adequacy	$ 4,745	$ 3,971
Tier 1 Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	6.00%
Tier 1 Risk Based Capital Required to be Well Capitalized	$ 6,327	$ 5,295
Tier 1 Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%	8.00%
Common Equity Tier I Capital	$ 12,954	$ 13,241
Common Equity Tier I Capital to Risk Weighted Assets	16.40%	20.00%
Common Equity Tier 1 Risk Based Capital Required for Capital Adequacy	$ 3,559	$ 2,978
Common Equity Tier 1 Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	4.50%	4.50%
Common Equity Tier 1 Risk Based Capital Required to be Well Capitalized	$ 5,140	$ 4,302
Common Equity Tier 1 Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	6.50%	6.50%
Tier 1 Leverage Capital	$ 12,954	$ 13,241
Tier 1 Leverage Capital to Average Assets	12.90%	13.90%
Tier 1 Leverage Capital Required for Capital Adequacy	$ 4,024	$ 3,801
Tier 1 Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Tier 1 Leverage Capital Required to be Well Capitalized	$ 5,030	$ 4,752
Tier I Leverage Capital Required to be Well Capitalized to Risk Weighted Assets	5.00%	5.00%

Note 11 - Related Party Trans60

Note 11 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Notes Payable, Related Parties, Noncurrent	$ 2,400,000	$ 2,500,000
Payments to Fund Long-term Loans to Related Parties	600,000
Proceeds from Collection of (Payments to Fund) Long-term Loans to Related Parties	703,000
Related Party Deposit Liabilities	$ 694,000	$ 349,000

Note 12 - Employee Benefits (De

Note 12 - Employee Benefits (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Oct. 19, 2015
Employee Stock Ownership Plan (ESOP), Shares in ESOP		55,728
Shares Held in Employee Stock Option Plan, Allocated	2,198	3,375
Shares Held in Employee Stock Option Plan, Committed-to-be-Released	50,155
Employee Stock Ownership Plan (ESOP), Compensation Expense	$ 29,000	$ 42,000
Share Price at Formation Date	$ 10
Employee Stock Ownership Plan (ESOP), Deferred Shares, Fair Value	$ 690,000
Share Price	$ 13.75		$ 10
Employee Stock Ownership Plan (ESOP), Fair Value of Shares Subject to Repurchase Obligation	$ 73,000	44,000
Pension Plan [Member]
Defined Contribution Plan, Cost Recognized	$ 19,000	27,000
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	3.00%
President [Member]
Defined Contribution Plan, Cost Recognized	$ 22,000	22,000
Defined Benefit Plans, Estimated Future Employer Contributions in Next Five Years		$ 105,000
Defined Benefit Plans, Accrued Interest Rate on Funds		4.50%
Supplemental Executive Retirement Plan (SERP) [Member]
Accrued Employee Benefits	167,000	$ 139,000
Defined Contribution Plan, Cost Recognized	48,000	18,000
Pentegra Defined Benefit Plan (The Plan) [Member]
Defined Contribution Plan, Cost Recognized	$ 66,000	$ 30,000
Defined Benefit Plan, Funded Status Percentage	97.15%	99.70%
Defined Benefit Plan, Contributions by Employer	$ 163,100,000	$ 190,800,000
Defined Benefit Plan, Target Plan Asset Allocations Range Maximum	5.00%

Note 13 - Loss Per Share (Detai

Note 13 - Loss Per Share (Details Textual) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Oct. 19, 2015
Earnings Per Share, Basic and Diluted	$ (0.83)
Common Stock, Shares, Issued	696,600	696,600	696,600
Weighted Average Number of Shares, Employee Stock Ownership Plan Shares Not Committed to be Released	52,353

Note 14 - Commitments and Cre63

Note 14 - Commitments and Credit Risk (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Loan Origination Commitments [Member]
Fair Value, Concentration of Risk, Commitments	$ 670,000	$ 532,000
Loan Origination Commitments [Member] | Minimum [Member]
Fair Value Inputs, Interest Rate	3.50%	4.10%
Loan Origination Commitments [Member] | Maximum [Member]
Fair Value Inputs, Interest Rate	4.50%	4.40%
Construction Loans [Member]
Fair Value, Concentration of Risk, Commitments	$ 1,800,000	$ 430,000
Commercial Lines of Credit [Member]
Fair Value, Concentration of Risk, Commitments	5,500,000	2,500,000
Consumer Lines of Credit [Member]
Fair Value, Concentration of Risk, Commitments	3,800,000	810,000
Standby Letters of Credit Commitments [Member]
Fair Value, Concentration of Risk, Commitments	$ 219,000	$ 36,000

Note 15 - Disclosures About F64

Note 15 - Disclosures About Fair Value of Assets and Liabilities - Assets Measured at Fair Value on a Non-Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Impaired Loans, Collateral-Dependent [Member]
Assets, fair value, non-recurring basis	$ 232	$ 136
Impaired Loans, Collateral-Dependent [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value, non-recurring basis
Impaired Loans, Collateral-Dependent [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, fair value, non-recurring basis
Impaired Loans, Collateral-Dependent [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, fair value, non-recurring basis	$ 232	136
Foreclosed Real Estate [Member]
Assets, fair value, non-recurring basis		245
Foreclosed Real Estate [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value, non-recurring basis
Foreclosed Real Estate [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, fair value, non-recurring basis
Foreclosed Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, fair value, non-recurring basis		$ 245

Note 15 - Disclosures About F65

Note 15 - Disclosures About Fair Value of Assets and Liabilities - Quantitative Information About Unobservable Inputs (Details) - Market Approach Valuation Technique [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Impaired Loans, Collateral-Dependent [Member]
Fair value	$ 232	$ 136
Valuation technique	Marketable comparable properties	Marketable comparable properties
Unobservable input	Marketability discount	Marketability discount
Impaired Loans, Collateral-Dependent [Member] | Minimum [Member]
Marketability discount	10.00%	10.00%
Impaired Loans, Collateral-Dependent [Member] | Maximum [Member]
Marketability discount	15.00%	15.00%
Foreclosed Real Estate [Member]
Fair value		$ 245
Valuation technique		Marketable comparable properties
Unobservable input		Comparability adjustments
Comparability adjustments		10.00%

Note 15 - Disclosures About F66

Note 15 - Disclosures About Fair Value of Assets and Liabilities - Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Reported Value Measurement [Member]
Cash and due from banks	$ 1,419	$ 7,132
Interest-earning demand deposits	8,438	1,678
Interest-earning time deposits in banks	992	992
Loans, net	83,008	76,575
Federal Home Loan Bank stock	468	468
Accrued interest receivable	203	217
Servicing rights	483	317
Deposits	76,841	72,266
Federal funds purchased	1,000
Advances from the Federal Home Loan Bank	10,027	6,927
Accrued interest payable	7	11
Estimate of Fair Value Measurement [Member]
Cash and due from banks	1,419	7,132
Interest-earning demand deposits	8,438	1,678
Interest-earning time deposits in banks	992	992
Loans, net	83,538	77,086
Federal Home Loan Bank stock	468	468
Accrued interest receivable	203	217
Servicing rights	483	317
Deposits	77,104	72,708
Federal funds purchased	1,000
Advances from the Federal Home Loan Bank	10,127	7,023
Accrued interest payable	7	11
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and due from banks	1,419	7,132
Interest-earning demand deposits	8,438	1,678
Interest-earning time deposits in banks
Loans, net
Federal Home Loan Bank stock
Accrued interest receivable
Servicing rights
Deposits	45,080	39,353
Federal funds purchased	1,000
Advances from the Federal Home Loan Bank
Accrued interest payable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and due from banks
Interest-earning demand deposits
Interest-earning time deposits in banks	992	992
Loans, net
Federal Home Loan Bank stock	468	468
Accrued interest receivable	203	217
Servicing rights
Deposits	32,024	33,355
Federal funds purchased
Advances from the Federal Home Loan Bank	10,127	7,023
Accrued interest payable	7	11
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and due from banks
Interest-earning demand deposits
Interest-earning time deposits in banks
Loans, net	83,538	77,086
Federal Home Loan Bank stock
Accrued interest receivable
Servicing rights	483	317
Deposits
Federal funds purchased
Advances from the Federal Home Loan Bank
Accrued interest payable

Note 17 - Change in Corporate67

Note 17 - Change in Corporate Form (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Oct. 19, 2015
Sale of Stock, Price Per Share			$ 10
Common Stock, Subscriptions, Percentage			8.00%
Common Stock, Shares, Issued	696,600	696,600	696,600
Costs of Conversion and to Issue Stock			$ 1.2

Note 18 - Condensed Financial68

Note 18 - Condensed Financial Information (Parent Company Only) - Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash	$ 1,419	$ 7,132
Total assets	103,218	95,045
Liabilities and Shareholders' Equity
Liabilities	88,649	79,971
Total liabilities and shareholders' equity	103,218	95,045
Parent Company [Member]
Assets
Cash	1,615	1,833
Investment in Bank subsidiary	12,955	13,241
Total assets	14,570	15,074
Liabilities and Shareholders' Equity
Liabilities	1
Redeemable common stock held by ESOP	73	44
Shareholders' equity less maximum cash obligation related to ESOP shares	14,496	15,030
Total liabilities and shareholders' equity	$ 14,570	$ 15,074

Note 18 - Condensed Financial69

Note 18 - Condensed Financial Information (Parent Company Only) - Condensed Statement of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income
Interest income	$ 3,424	$ 3,230
Expenses
Net loss	(534)	(173)
Parent Company [Member]
Income
Interest income	18	3
Expenses
Equity in net loss of Bank subsidiary	295	158
General and administrative expenses	257
Total expenses	552	158
Net loss	$ (534)	$ (155)

Note 18 - Condensed Financial70

Note 18 - Condensed Financial Information (Parent Company Only) - Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating Activities
Net loss	$ (534)	$ (173)
Items not requiring (providing) cash
Net cash used in operating activities	(621)	(2,169)
Financing Activities
Proceeds from issuance of common stock		5,196
Increase in Cash and Cash Equivalents	1,047	829
Cash at beginning of period	7,132
Cash at end of period	1,419	7,132
Parent Company [Member]
Operating Activities
Net loss	(534)	(155)
Other adjustments	21	34
Items not requiring (providing) cash
Equity in net loss of Bank subsidiary	295	158
Net cash used in operating activities	(218)	37
Investing Activities
Investment in Bank subsidiary		(3,400)
Financing Activities
Proceeds from issuance of common stock		5,196
Increase in Cash and Cash Equivalents	(218)	1,833
Cash at beginning of period	1,833
Cash at end of period	$ 1,615	$ 1,833