Central Federal Bancshares (CFDB) 10-K 28 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 12, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	Central Federal Bancshares, Inc
Entity Central Index Key	1,651,987
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 23,270,710
Entity Common Stock, Shares Outstanding		1,675,920
Trading Symbol	CFDB
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($)	Dec. 31, 2017	Dec. 31, 2016
ASSETS
Cash and Due from Financial Institutions	$ 2,049,000	$ 12,099,000
Federal Funds Sold	876,000	100,000
Cash and Cash Equivalents	2,925,000	12,199,000
Certificates of Deposit in Other Financial Institutions	5,699,000	4,712,000
Securities Available-for-Sale at Fair Value	6,220,000	6,581,000
Federal Home Loan Bank (FHLB) Stock, at Cost	89,000	97,000
Loans, Net of Allowance for Loan Losses of $273,000 and $263,000 at December 31, 2017 and December 31, 2016	51,937,000	49,248,000
Foreclosed Assets		26,000
Premises and Equipment, Net	710,000	634,000
Accrued Interest Receivable	163,000	160,000
Other Assets	346,000	346,000
Total Assets	68,089,000	74,003,000
Deposits:
Noninterest-Bearing	3,181,000	3,474,000
Interest-Bearing	38,455,000	42,749,000
Total Deposits	41,636,000	46,223,000
Other Liabilities	135,000	27,000
Total Liabilities	41,771,000	46,250,000
Reedeemable Common Stock Held By Employee Stock Ownership Plan (“ESOP”)	159,000	73,000
STOCKHOLDERS' EQUITY
Preferred Stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value; 10,000,000 shares authorized; 1,788,020 shares issued; outstanding shares 2017 - 1,675,920, 2016 - 1,788,020	18,000	18,000
Retained Earnings - Substantially Restricted	12,758,000	12,767,000
Additional Paid-In Capital	16,464,000	16,446,000
Treasury Stock, at cost; 2017- 112,100 shares	(1,523,000)
Common Stock Acquired by Employee Stock Ownership Plan ("ESOP")	(1,316,000)	(1,373,000)
Accumulated Other Comprehensive Income (Loss)	(83,000)	(105,000)
Total Stockholders' Equity	26,318,000	27,753,000
Less Maximum cash obligation related to ESOP shares	159,000	73,000
Total Stockholders’ Equity Less Maximum Cash Obligations Related to ESOP Shares	26,159,000	27,680,000
Total Liabilities and Stockholders' Equity	$ 68,089,000	$ 74,003,000

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Allowance for Loan Losses	$ 273,000	$ 263,000
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	1,788,020	1,788,020
Common stock, shares outstanding	1,675,920	1,788,020
Treasury stock shares	112,100

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
INTEREST INCOME
Loans, Including Fees	$ 2,217,000	$ 2,240,000
Securities and Other	268,000	233,000
Total Interest Income	2,485,000	2,473,000
INTEREST EXPENSE
Deposits	287,000	359,000
Total Interest Expense	287,000	359,000
NET INTEREST INCOME	2,198,000	2,114,000
PROVISION FOR LOAN LOSSES	9,000
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	2,189,000	2,114,000
NONINTEREST INCOME
Customer Service Fees	89,000	92,000
Other Income	25,000	18,000
Total Noninterest Income	114,000	110,000
NONINTEREST EXPENSE
Compensation and Employee Benefits	1,278,000	1,115,000
Data Processing and Other Outside Services	341,000	339,000
FDIC Insurance and Regulatory Assessment	55,000	72,000
Occupancy and Equipment	188,000	178,000
Legal and Professional Services	315,000	474,000
Supplies, Telephone, and Postage	48,000	48,000
Expense (Income) from Foreclosed Assets	(16,000)	41,000
Contribution to Charitable Foundation		788,000
Other	108,000	101,000
Total Noninterest Expense	2,317,000	3,156,000
INCOME (LOSS) BEFORE INCOME TAXES	(14,000)	(932,000)
INCOME TAX EXPENSE (BENEFIT)	(5,000)	(59,000)
NET INCOME (LOSS)	$ (9,000)	$ (873,000)
Common share data
Basic and diluted loss per share	$ (0.01)	$ (0.55)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
NET INCOME (LOSS)	$ (9,000)	$ (873,000)
Other Comprehensive Income (Loss):
Unrealized Gains (Losses) on Securities Available-for-Sale	39,000	(163,000)
Income Tax Benefit (Expense)	(17,000)	48,000
Total Other Comprehensive Income (Loss), net of tax	22,000	(115,000)
TOTAL COMPREHENSIVE INCOME (LOSS)	$ 13,000	$ (988,000)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Common Stock Acquired by Employee Stock Ownership Plan ("ESOP") [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total
Balance at Dec. 31, 2015				$ 13,640,000		$ 10,000	$ 13,650,000
Balance, shares at Dec. 31, 2015
Net Loss				(873,000)			(873,000)
Other Comprehensive Loss						(115,000)	(115,000)
Issuance of 1,788,020 shares of common stock at $10.00 per share, net of offering costs	18,000	16,437,000					16,455,000
Funding of ESOP with 143,042 shares of common stock			(1,430,000)				(1,430,000)
ESOP shares Earned		9,000	57,000				66,000
Treasury Stock Purchased, 112,100 shares
Balance at Dec. 31, 2016	$ 18,000	16,446,000	(1,373,000)	12,767,000		(105,000)	27,753,000
Balance, shares at Dec. 31, 2016
Net Loss				(9,000)			(9,000)
Other Comprehensive Loss						22,000	22,000
ESOP shares Earned		18,000	57,000				75,000
Treasury Stock Purchased, 112,100 shares					(1,523,000)		(1,523,000)
Balance at Dec. 31, 2017	$ 18,000	$ 16,464,000	$ (1,316,000)	$ 12,758,000	$ (1,523,000)	$ (83,000)	$ 26,318,000
Balance, shares at Dec. 31, 2017

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parenthetical)	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Statement of Stockholders' Equity [Abstract]
Issuance of common stock	1,788,020
Common stock per shares | $ / shares	$ 10
Funding of ESOP of common stock	143,042

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (9,000)	$ (873,000)
Items not requiring (providing) cash:
Net Amortization of Securities	52,000	47,000
Provision for Loan Losses	9,000
Depreciation	68,000	69,000
Deferred Income Tax	2,000	(67,000)
Loss (Gain) on Sale of Foreclosed Assets	(22,000)	14,000
ESOP Expense	75,000	66,000
Net Changes in:
Accrued Interest Receivable	(3,000)	(45,000)
Other Assets	(19,000)	1,350,000
Other Liabilities	108,000	(601,000)
Net Cash Provided by (Used In) Operating Activities	261,000	(40,000)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of Certificates of Deposit in Other Financial Institutions	(2,971,000)	(2,480,000)
Proceeds from Mautrities of Certificates of Deposit in Other Financial Institutions	1,984,000	248,000
Net Change in FHLB Stock	8,000	(20,000)
Purchase of Securities Available-for-Sale	(777,000)	(7,256,000)
Proceeds from Maturities, Calls and Paydowns of Securities Available-for-Sale	1,125,000	901,000
Net Decrease (Increase) in Loans	(2,780,000)	871,000
Purchases of Premises and Equipment	(144,000)	(27,000)
Proceeds from Sale of Foreclosed Assets	130,000	359,000
Net Cash Used In Investing Activities	(3,425,000)	(7,404,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Net Increase (Decrease) in Deposits	(4,587,000)	(20,392,000)
Purchase of Treasury Stock	(1,523,000)
Proceeds from Issuance of Common Stock		15,025,000
Net Cash Used in Financing Activities	(6,110,000)	(5,367,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(9,274,000)	(12,811,000)
Cash and Cash Equivalents at Beginning of Year	12,199,000	25,010,000
CASH AND CASH EQUIVALENTS AT END OF YEAR	2,925,000	12,199,000
SUPPLEMENTAL CASH FLOW DISCLOSURE
Interest Paid on Deposits	287,000	359,000
Income Taxes Paid, Net of Refunds Received	(55,000)	(39,000)
Noncash Investing Activities:
Transfer of Loans to Foreclosed Assets	82,000
Transfer of Foreclosed Assets to Loans		$ 209,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Central Federal Bancshares, Inc. (“Central Federal Bancshares” or the “Company”) is a holding company that owns 100% of Central Federal Savings and Loan Association of Rolla (“Central Federal”). Central Federal is a community-oriented financial institution, dedicated to serving the financial service needs of customers within its market area, which generally consists of Phelps County, Missouri, although it also services customers in the contiguous Missouri counties of Dent, Texas, Crawford, Pulaski and Maries. Central Federal offers a variety of loan and deposit products to meet the borrowing needs of its customers. Central Federal operates out of its office in Rolla, Missouri. Central Federal is subject to regulation, examination, and supervision by the Office of the Comptroller of the Currency, or OCC, its primary federal regulator, and the Federal Deposit Insurance Corporation, or FDIC, its deposit insurer. Stock Conversion On August 4, 2015, the Board of Directors of Central Federal adopted a Plan of Conversion, as subsequently amended, providing for Central Federal to convert from a federally chartered mutual savings association into a federally chartered stock savings association and operate as a wholly-owned subsidiary of a newly chartered savings and loan holding company. On January 12, 2016, Central Federal completed the conversion and now operates as a wholly-owned subsidiary of the Company. In connection with the conversion, the Company sold 1,719,250 shares of common stock in a subscription offering at $10.00 per share, including the sale of 143,042 shares to the employee stock ownership plan (“ESOP”) formed by Central Federal in connection with the conversion. In addition, the Company contributed an additional 68,770 shares of common stock and $100,000 in cash to the Central Federal Community Foundation, a charitable organization created by the Company and Central Federal in connection with the conversion and the related stock offering. The cost of the conversion and issuance of common stock was deferred and deducted from the proceeds of the offering. Central Federal incurred conversion costs of $1,425,000. In accordance with applicable federal conversion regulations, at the time of the completion of the conversion, Central Federal established a liquidation account in an amount equal to Central Federal’s total retained earnings as of the latest balance sheet date in the final prospectus used in the conversion (which was June 30, 2015). Each eligible account holder or supplemental account holder is entitled to a proportionate share of this liquidation account only in the event of a complete liquidation of Central Federal. This share will be reduced if the eligible account holder’s or supplemental account holder’s deposit balance falls below the amounts on the date of record as of any December 31 and will cease to exist if the account is closed. The liquidation account will never be increased despite any increase after conversion in the related deposit balance. Central Federal may not pay dividends if those dividends would reduce equity capital below the required liquidation account amount. Principles of Consolidation On January 12, 2016, Central Federal completed its conversion from the mutual to stock form of ownership and now operates as a wholly-owned subsidiary of the Company. The conversion was accounted for as a change in corporate form with the historic base of Central Federal’s assets, liabilities and equity unchanged as a result. The consolidated financial statements as of and for the year ended December 31, 2017 and 2016 are for the Company and Central Federal. Intercompany transactions and balances have been eliminated in the consolidation. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the determination of the allowance for loan losses, valuation of foreclosed assets, valuation of deferred tax assets, and fair values of financial instruments. Concentrations of Credit Risk Most of the Company’s activities are with customers located within Phelps County, Missouri and surrounding areas. Note 4 discusses the types of securities that the Company invests in. Note 5 discusses the types of lending that the Company engages in. Cash and Cash Equivalents For purposes of the statements of cash flows, cash and cash equivalents include cash and balances due from financial institutions and federal funds sold, all of which have an original maturity within 90 days. Cash flows from loans and deposits are reported net. The Company maintains cash in correspondent bank accounts in amounts which exceed the federally insured limits. The Company’s management monitors the balances in these accounts and periodically assesses the financial condition of the correspondent banks. Interest bearing funds in cash and cash equivalents were $2,527,000 and $10,934,000 as of December 31, 2017 and 2016, respectively. At December 31, 2017, the balance of Company’s cash accounts exceeded federally insured limits by approximately $968,000. Certificates of Deposit in Other Financial Institutions Certificates of deposit in other financial institutions are carried at cost and generally mature in five years or less. Securities Securities are classified as available-for-sale and are carried at fair value with unrealized gains and losses reported in other comprehensive income (loss). Realized gains and losses on securities available-for-sale are included in noninterest income and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income. Gains and losses on sales of securities are determined using the specific identification method on the trade date. The amortization of premiums and accretion of discounts are recognized in interest income using the interest method over the period to maturity. Declines in the fair value of individual available-for-sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The Company monitors the investment security portfolio for impairment on an individual security basis and has a process in place to identify securities that could potentially have a credit impairment that is other than temporary. This process involves analyzing the length of time and the extent to which the fair value has been less than the amortized cost basis, the market liquidity for the security, the financial condition and near-term prospects of the issuer, expected cash flows, and the Company’s intent and ability to hold the investment for a period of time sufficient to recover the temporary loss. The ability to hold is determined whether it is more likely than not that the Company will be required to sell the security before its anticipated recovery. A decline in value due to a credit event that is considered other than temporary is recorded as a loss in noninterest income. FHLB Stock, at Cost The Company is a member of the Federal Home Loan Bank of Des Moines (FHLB) system. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost and periodically evaluated for impairment. Because this stock is viewed as a long term investment, impairment is based on ultimate recovery at par value. Both cash and stock dividends are reported as income. Management believes no impairment charge was necessary related to the FHLB stock for the years ended December 31, 2017 or 2016. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, any deferred fees or costs on originated loans, and premiums or discounts on purchased loans. Interest income is accrued on the unpaid principal balance. The Company has determined the application of guidance in the nonrefundable fees and other costs standard regarding the deferral of loan origination fees and direct loan origination costs, does not have a material effect on its financial statements. As such, these fees and costs have been primarily recognized during the period they are collected and incurred, respectively. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer loans and other personal loans are typically charged off no later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income and amortization of related deferred loan fees or costs is suspended. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. The cash-basis is used when a determination has been made that the principal and interest of the loan is collectible. If collectability of the principal and interest is in doubt, payments are applied to loan principal. The determination of ultimate collectability is supported by a current, well documented credit evaluation of the borrower’s financial condition and prospects for repayment, including consideration of the borrower’s sustained historical repayment performance and other relevant factors. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, the borrower has demonstrated a period of sustained performance, and future payments are reasonably assured. A sustained period of repayment performance generally would be a minimum of six months. Allowance for Loan Losses The allowance for loan losses (allowance) is an estimate of probable loan losses inherent in the Company’s loan portfolio. The allowance is established through a provision for loan losses which is charged to expense. Additions to the allowance are expected to maintain the adequacy of the total allowance after loan losses and loan growth. Loan losses are charged off against the allowance when the Company determines the loan balance to be uncollectible. Cash received on previously charged-off amounts is recorded as a recovery to the allowance. The allowance consists of three primary components, general allowances, specific allowances related to impaired loans, and unallocated allowances. The general component covers non-impaired loans and is based on historical losses adjusted for qualitative factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the most recent three years. This actual loss experience is adjusted for qualitative factors based on the risks present for each portfolio segment. These qualitative factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. These factors are inherently subjective and are driven by the repayment risk associated with each portfolio segment. 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. Loans for which impairment is measured generally include loans classified as substandard, doubtful, non-accrual, or are considered a troubled debt restructured loan. When a loan is impaired, the Company measures impairment based on the present value of expected future cash flows discounted at the original contractual interest rate, except that as a practical expedient, it may measure impairment based on an observable market price, or the fair value of the collateral if collateral dependent. A loan is collateral dependent if the repayment is expected to be provided solely by the underlying collateral. Allowance allocations other than general and specific are included in the unallocated portion. The unallocated allowance reflect the imprecision inherent in the underlying assumptions used in the methodologies for estimating the general allowance. Under certain circumstances, the Company will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring (TDR) if the Company for economic or legal reasons related to the borrower’s financial difficulties grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDRs are considered impaired and measured for impairment as described above in the calendar year of the restructuring. In subsequent years, a restructured loan may cease being classified as impaired if the loan was modified at a market rate and is performing according to the modified terms. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. Restructured loans can involve loans remaining on nonaccrual, moving to nonaccrual, or continuing on accrual status, depending on the individual facts and circumstances of the borrower. Nonaccrual restructured loans are included and treated with other nonaccrual loans. The Company assigns a risk rating to all loans to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to examination by the Company’s regulators. During the internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which the borrowers operate and the fair values of collateral securing the loans. These credit quality indicators are used to assign a risk rating to each individual loan. The risk ratings can be grouped into five major categories, defined as follows: Unclassified: Special Mention Substandard Doubtful Loss: The Company maintains a separate general allowance for each portfolio segment. These portfolio segments include commercial business, commercial and multi-family real estate, residential real estate, and consumer and other with risk characteristics described as follows: Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Although management believes the allowance to be adequate, ultimate losses may vary from its estimates. At least quarterly, the board of directors reviews the adequacy of the allowance, including consideration of the relevant risks in the portfolio, current economic conditions, and other factors. If the board of directors and management determine that changes are warranted based on those reviews, the allowance is adjusted. Central Federal is subject to periodic examination by its primary regulator, which may require additions to the allowance based on judgments regarding loan portfolio information available at the time of its examinations. Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under credit arrangements, and standby letters of credit. Such financial instruments are recorded when they are funded. Foreclosed Assets Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated selling costs at the date of foreclosure, establishing a new cost basis. Any write-downs based on the asset’s fair value at the date of acquisition are charged to the allowance for loan losses. Subsequent to foreclosure, valuations are periodically performed by management and the assets held for sale are carried at the lower of the new cost basis or fair value, less costs to sell. This evaluation is inherently subjective and requires estimates that are susceptible to significant revisions as more information becomes available. Due to potential changes in conditions, it is at least reasonably possible that changes in fair values will occur in the near term and that such changes could materially affect the amounts reported in the Company’s financial statements. Impairment losses on assets to be held and used are measured at the amount by which the carrying amount of a property exceeds its fair value. Costs of significant asset improvements are capitalized, whereas costs relating to holding assets are expensed. Revenues and expenses from operations and changes in the valuation allowance are included in operations of foreclosed assets. Premises and Equipment Land is carried at cost. Other premises and equipment are carried at costs net of accumulated depreciation. Depreciation is computed on the straight-line method based principally on the estimated useful lives of the assets. Useful lives range from 15 to 40 years for building and improvements; 2 to 15 years for furniture, fixtures and equipment; and 5 years for automobiles. Maintenance and repairs are expensed as incurred while major additions and improvements are capitalized. Gains and losses on dispositions are included in current operations. Impairment of Long-Lived Assets The Company tests long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of carrying amount or fair value less estimated costs to sell. Advertising Costs Advertising costs are expensed as incurred. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal and state income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax liabilities. Under U.S. generally accepted accounting principles, a valuation allowance is required to be recognized if it is “more likely than not” that the deferred tax asset will not be realized. The determination of the realizability of the deferred tax assets is highly subjective and dependent upon judgment concerning management’s evaluation of both positive and negative evidence, the forecasts of future income, applicable tax planning strategies, and assessments of the current and future economic and business conditions. The Company files federal and state income tax returns, and it is not subject to federal or state income tax examinations for taxable years prior to 2014. Comprehensive Income Recognized revenue, expenses, gains, and losses are included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on securities available-for-sale, are reported as a separate component of the stockholders’ equity section of the statements of financial condition, such items, along with net income (loss), are components of comprehensive income (loss). New Accounting Standards In January 2016, the FASB issued ASU 2016-01,“Recognition and Measurement of Financial Assets and Financial Liabilities,” an amendment to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This amendment supersedes the guidance to classify equity securities with readily determinable fair values into different categories, requires equity securities to be measured at fair value with changes in the fair value recognized through net income, and simplifies the impairment assessment of equity investments without readily determinable fair values. The amendment requires public business entities that are required to disclose the fair value of financial instruments measured at amortized cost on the balance sheet to measure that fair value using the exit price notion. The amendment requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option. The amendment requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or in the accompanying notes to the financial statements. The amendment reduces diversity in current practice by clarifying that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available for sale securities in combination with the entity’s other deferred tax assets. This amendment is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Entities should apply the amendment by means of a cumulative-effect adjustment as of the beginning of the fiscal year of adoption, with the exception of the amendment related to equity securities without readily determinable fair values, which should be applied prospectively to equity investments that exist as of the date of adoption. The Company adopted the accounting standard during the first quarter of 2018, as required. The adoption of the standard did not have a material impact on the Company’s consolidated statements of financial condition or our consolidated statements of operations. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For public companies, this update will be effective for interim and annual periods beginning after December 15, 2019. The Company has formed a cross functional committee to oversee the system, data, reporting and other considerations for the purposes of meeting the requirements of this standard. The Company has not yet determined the impact the adoption of ASU 2016-13 will have on the consolidated financial statements. In March 2017, the FASB issued ASU 2017-08, Receivables-Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities. Treasury Stock Common stock shares repurchased are recorded at cost. Cost of shares retired or reissued is determined using the first in, first out method. Reclassification Certain amounts in the 2016 financial statements have been reclassified to conform to the 2017 presentation. These reclassifications had no effect on net loss. Subsequent Events In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were available to be issued.

Loss Per Share

Loss Per Share	12 Months Ended
	Dec. 31, 2017
Common share data
Loss Per Share	note 2 LOSS PER SHARE Loss per share is based upon the weighted-average shares outstanding. The shares were issued on January 12, 2016. The shares in the Company’s Employee Stock Ownership Plan which have been committed to be released are considered outstanding. December 31, 2017 December 31, 2016 Basic and Diluted Loss per Share: Net Loss $ (9,000 ) $ (873,000 ) Weighted-Average Basic and Diluted Shares Outstanding 1,610,060 1,593,757 Net Loss per Share, Basic and Diluted $ (0.01 ) $ (0.55 )

Certificates of Deposit in Othe

Certificates of Deposit in Other Financial Institutions	12 Months Ended
	Dec. 31, 2017
Deposits:
Certificates of Deposit in Other Financial Institutions	note 3 Certificates of DEPOSIT IN OTHER FINANCIAL INSTITUTIONS Certificates of deposit in other financial institutions are as follows: December 31, 2017 2016 Certificates of Deposit at Cost Maturing In: One Year or Less $ 2,481,000 $ 1,488,000 One Year to Five Years 3,218,000 3,224,000 $ 5,699,000 $ 4,712,000

Securities

Securities	12 Months Ended
	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Securities	note 4 sECURITIES The carrying amount and estimated fair market value of securities classified as available-for-sale are summarized as follows: December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage Backed Securities $ 4,994,000 $ - $ (111,000 ) $ 4,883,000 Small Business Administration Pools 916,000 - (31,000 ) 885,000 Municipal Obligation 406,000 6,000 - 412,000 Federal Home Loan Mortgage Corp. Stock 15,000 25,000 - 40,000 Total $ 6,331,000 $ 31,000 $ (142,000 ) $ 6,220,000 December 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage Backed Securities $ 5,321,000 $ - $ (139,000 ) $ 5,182,000 Small Business Administration Pools 988,000 - (34,000 ) 954,000 Municipal Obligation 407,000 - (4,000 ) 403,000 Federal Home Loan Mortgage Corp. Stock 15,000 27,000 - 42,000 Total $ 6,731,000 $ 27,000 $ (177,000 ) $ 6,581,000 At December 31, 2017, the S&P credit rating of the municipal obligation was an AA+. There were no securities pledged as collateral at December 31, 2017 and 2016. During the years ended December 31, 2017 and 2016, the Company did not sell any securities. The following table indicates amortized cost and estimated fair value of securities available for-sale at December 31, 2017 based upon contractual maturity. Amortized Cost Fair Value Over Ten Years $ 406,000 $ 412,000 Mortgage Backed Securities and SBA Pools with no stated maturity date 5,910,000 5,768,000 Equity Securities 15,000 40,000 Total $ 6,331,000 $ 6,220,000 Certain investments in debt securities are reported in the financial statements at an amount less than their historical cost. Total fair value of these investments at December 31, 2017 and 2016 was $5,768,000 and $6,539,000, which is approximately 93% and 99%, respectively, of the Company’s available for-sale investment portfolio. These declines primarily resulted from changes in market interest rates. The following tables show securities with gross unrealized losses at December 31, 2017 and 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position. December 31, 2017 Less Than 12 Months 12 Months or More Total Gross Gross Gross Unrealized Unrealized Unrealized Fair Value Loss Fair Value Loss Fair Value Loss Mortgage Backed Securities $ 665,000 $ (8,000 ) $ 4,218,000 $ (103,000 ) $ 4,883,000 $ (111,000 ) Small Business Administration Pools - - 885,000 (31,000 ) 885,000 (31,000 ) Muncipal Obligation - - - - - - Total $ 665,000 $ (8,000 ) $ 5,103,000 $ (134,000 ) $ 5,768,000 $ (142,000 ) December 31, 2016 Less Than 12 Months 12 Months or More Total Gross Gross Gross Unrealized Unrealized Unrealized Fair Value Loss Fair Value Loss Fair Value Loss Mortgage Backed Securities $ - $ - $ 5,182,000 $ (139,000 ) $ 5,182,000 $ (139,000 ) Small Business Administration Pools - - 954,000 (34,000 ) 954,000 (34,000 ) Muncipal Obligation - - 403,000 (4,000 ) 403,000 (4,000 ) Total - - $ 6,539,000 $ (177,000 ) $ 6,539,000 $ (177,000 ) There were no securities with unrealized losses which management believes were other-than-temporarily impaired at December 31, 2017 and 2016.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Loans and Allowance for Loan Losses	note 5 LOANS AND ALLOWANCE FOR LOAN LOSSES Loans are summarized as follows: December 31, 2017 2016 Commercial Business $ 1,285,000 $ 1,543,000 Commercial and Multi-Family Real Estate 16,503,000 14,428,000 Residential Real Estate 33,753,000 32,999,000 Consumer and Other 683,000 558,000 52,224,000 49,528,000 Allowance for Loan Losses (273,000 ) (263,000 ) Net Deferred Loan Fees (14,000 ) (17,000 ) Loans, Net $ 51,937,000 $ 49,248,000 Residential real estate loans at December 31, 2017 and 2016 include loans secured by one-to-four family, non-owner occupied properties of $9,190,000 and $9,493,000, respectively. At December 31, 2017 and 2016, construction loans were $2,076,000 and $2,736,000, respectively. Loans in process at December 31, 2017 and 2016 were $1,330,000 and $2,299,000, respectively. The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2017 and 2016: December 31, 2017 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Unallocated Total Allowance for Loan Losses: Balance at Beginning of Year $ 3,000 $ 37,000 $ 181,000 $ 3,000 $ 39,000 $ 263,000 Provision for Loan Losses - 1,000 35,000 3,000 (30,000 ) 9,000 Loans Charged-Off - - - (4,000 ) - (4,000 ) Recoveries of Loans Previously Charged-Off - - 4,000 1,000 - 5,000 Balance at End of Year $ 3,000 $ 38,000 $ 220,000 $ 3,000 $ 9,000 $ 273,000 Ending Balance: Individually Evaluated for Impairment $ - $ - $ 19,000 $ - $ - $ 19,000 Ending Balance: Collectively Evaluated for Impairment $ 3,000 $ 38,000 $ 201,000 $ 3,000 $ 9,000 $ 254,000 Loans: Ending Balance: Individually Evaluated for Impairment $ - $ - $ 101,000 $ - $ 101,000 Ending Balance: Collectively Evaluated for Impairment $ 1,285,000 $ 16,503,000 $ 33,652,000 $ 683,000 $ 52,123,000 December 31, 2016 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Unallocated Total Allowance for Loan Losses: Balance at Beginning of Year $ 5,000 $ 30,000 $ 183,000 $ 4,000 $ 39,000 $ 261,000 Provision for Loan Losses (2,000 ) 7,000 (5,000 ) - - - Loans Charged-Off - - - (1,000 ) - (1,000 ) Recoveries of Loans Previously Charged-Off - - 3,000 - - 3,000 Balance at End of Year $ 3,000 $ 37,000 $ 181,000 $ 3,000 $ 39,000 $ 263,000 Ending Balance: Individually Evaluated for Impairment $ - $ - $ - $ - $ - $ - Ending Balance: Collectively Evaluated for Impairment $ 3,000 $ 37,000 $ 181,000 $ 3,000 $ 39,000 $ 263,000 Loans: Ending Balance: Individually Evaluated for Impairment $ - $ - $ 199,000 $ - $ 199,000 Ending Balance: Collectively Evaluated for Impairment $ 1,543,000 $ 14,428,000 $ 32,800,000 $ 558,000 $ 49,329,000 The following tables show the loans allocated by management’s internal risk ratings: Risk Profile by Risk Rating December 31, 2017 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Total Risk Rating: Unclassified $ 1,285,000 $ 16,349,000 $ 32,849,000 $ 683,000 $ 51,166,000 Special Mention - 154,000 620,000 - 774,000 Substandard - 284,000 - 284,000 Total $ 1,285,000 $ 16,503,000 $ 33,753,000 $ 683,000 $ 52,224,000 Risk Profile by Risk Rating December 31, 2016 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Total Risk Rating: Unclassified $ 1,540,000 $ 14,428,000 $ 32,269,000 $ 557,000 $ 48,794,000 Special Mention 3,000 - 118,000 - 121,000 Substandard - - 612,000 1,000 613,000 Total $ 1,543,000 $ 14,428,000 $ 32,999,000 $ 558,000 $ 49,528,000 The following tables show the aging analysis of the loan portfolio by time past due: Accruing Interest December 31, 2017 Current 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual Total Loans Commercial Business $ 1,285,000 $ - $ - $ - $ 1,285,000 Commerical and Multi-Family Real Estate 16,503,000 - - - 16,503,000 Residential Real Estate 33,346,000 306,000 71,000 30,000 33,753,000 Consumer and Other 683,000 - - - 683,000 $ 51,817,000 $ 306,000 $ 71,000 $ 30,000 $ 52,224,000 December 31, 2016 Commercial Business $ 1,543,000 $ - $ - $ - $ 1,543,000 Commerical and Multi-Family Real Estate 14,428,000 - - - 14,428,000 Residential Real Estate 32,650,000 150,000 - 199,000 32,999,000 Consumer and Other 556,000 2,000 - - 558,000 $ 49,177,000 $ 152,000 $ - $ 199,000 $ 49,528,000 Interest income that would have been recorded for the years ended December 31, 2017 and 2016 had nonaccrual loans been current according to their original terms, amounted to $5,000 and $26,000, respectively. Interest income of $2,000 was recognized on nonaccrual loans during the year ended December 31, 2017 and $55,000 was recognized for the year ended December 31, 2016. The following tables present information related to impaired loans: December 31, 2017 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Loans With No Related Allowance Recorded: Residential Real Estate $ 30,000 $ 32,000 $ - $ 81,000 $ 2,000 Total Loans With No Related Allowance Recorded $ 30,000 $ 32,000 $ - $ 81,000 $ 2,000 Loans With an Allowance Recorded: Residential Real Estate $ 71,000 $ 71,000 $ 19,000 $ 71,000 $ 2,000 Total Impaired Loans: Residential Real Estate $ 101,000 $ 103,000 $ 19,000 $ 152,000 $ 4,000 Total $ 101,000 $ 103,000 $ 19,000 $ 152,000 $ 4,000 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Loans With No Related Allowance Recorded: Residential Real Estate $ 199,000 $ 202,000 $ - $ 271,000 $ - Total Loans With No Related Allowance Recorded $ 199,000 $ 202,000 $ - $ 271,000 $ - Loans With an Allowance Recorded: Residential Real Estate $ - $ - $ - $ - $ - Total Impaired Loans: Residential Real Estate $ 199,000 $ 202,000 $ - $ 271,000 $ - Total $ 199,000 $ 202,000 $ - $ 271,000 $ - The Company does not have material commitments to lend additional funds to borrowers with loans whose terms have been modified in troubled debt restructurings (TDRs) or whose loans are on nonaccrual. There were no loans modified in TDRs for the years ended December 31, 2017 and 2016. As of December 31, 2017, the Company had one residential real estate loan in process of foreclosure with a balance of $71,000. At December 31, 2016, there were no residential real estate loans in the process of foreclosure.

Foreclosed Assets

Foreclosed Assets	12 Months Ended
	Dec. 31, 2017
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Foreclosed Assets	Note 6 foreclosed assets Activity in foreclosed assets is as follows: Year Ended December 31, 2017 2016 Balance at Beginning of Year $ 26,000 $ 608,000 Additions 82,000 - Loan to Facilitate Sale - (209,000 ) Proceeds from Sale (130,000 ) (359,000 ) Gain (loss) on Sale 22,000 (14,000 ) Balance at End of Year $ - $ 26,000 Foreclosed assets by property type are as follows: Year Ended December 31, 2017 2016 Residential Real Estate $ - $ 26,000 $ - $ 26,000

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Premises and Equipment	note 7 PREMISES AND EQUIPMENT Components of premises and equipment are as follows: Year Ended December 31, 2017 2016 Land $ 229,000 $ 229,000 Building and Improvements 1,062,000 1,049,000 Furniture, Fixtures and Equipment 581,000 510,000 1,872,000 1,788,000 Less: Accumulated Depreciation 1,162,000 1,154,000 Premises and Equipment, Net $ 710,000 $ 634,000

Deposits

Deposits	12 Months Ended
	Dec. 31, 2017
Deposits:
Deposits	note 8 DEPOSITS Deposits consist of the following: December 31, 2017 2016 Noninterest-Bearing Demand Deposits $ 3,181,000 $ 3,474,000 Interest-Bearing Demand Deposits 20,498,000 20,630,000 Savings 3,649,000 3,435,000 Certificates of Deposit, $100,000 or more 3,233,000 6,771,000 Certificates of Deposit, less than $100,000 11,075,000 11,913,000 Total $ 41,636,000 $ 46,223,000 Under the Federal Deposit Insurance Act and the FDIC’s implementing regulations, $250,000 is the standard maximum deposit insurance amount for deposits in an insured depository institution that are maintained in the same ownership right and capacity. Deposits maintained in different rights and capacities are insured separately from each other. As of December 31, 2017, the scheduled maturities of certificates of deposit are as follows: December 31, 2017 Certificates of Deposit: 2018 $ 7,846,000 2019 1,682,000 2020 1,097,000 2021 1,821,000 2022 1,851,000 Thereafter 11,000 Total $ 14,308,000 Deposit interest expense consisted of the following: Year Ended December 31, 2017 2016 NOW and Money Market Deposit Accounts $ 104,000 $ 110,000 Savings 12,000 11,000 Certificates of Deposit 171,000 238,000 Total $ 287,000 $ 359,000

Federal Home Loan Bank and Fede

Federal Home Loan Bank and Federal Reserve Bank Advances	12 Months Ended
	Dec. 31, 2017
Banking and Thrift [Abstract]
Federal Home Loan Bank and Federal Reserve Bank Advances	NOTE 9 federal home loan bank and federal Reserve Bank advances The Company has entered into an Advances, Pledges, and Security Agreement with the FHLB whereby mortgage loans have been pledged with a maximum borrowing capacity of $27,054,000 and $20,504,000 at December 31, 2017 and 2016, respectively. At December 31, 2017 and 2016, the Company did not have any advances. The Company has entered into a Borrower in Custody Arrangement with the Federal Reserve Bank of St. Louis (FRB). The Company has pledged commercial and consumer loans of approximately $5,741,000 and $4,189,000 at December 31, 2017 and 2016, respectively. At December 31, 2017 and 2016, the Company did not have any advances from the FRB. The Company has overnight borrowing capacity of $3 million in place with Zion Bank. At December 31, 2017 and 2016, the Company did not have any advances from Zion Bank.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	note 10 Related party transactions In the ordinary course of business, the Company has granted loans to officers, directors, and their affiliates (related parties). Activity associated with loans made to related parties are as follows: December 31, 2017 2016 Balance at Beginning of Year $ 3,255,000 $ 2,198,000 Change in Related Parties - - New Loans and Advances 120,000 1,893,000 Repayments (437,000 ) (836,000 ) Balance at End of Year $ 2,938,000 $ 3,255,000 Deposits from related parties held by the Company were $1,777,000 and $1,574,000 at December 31, 2017 and 2016, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	note 11 INCOME TAXES The income tax benefit includes these components: 2017 2016 Taxes currently payable (receivable) $ (7,000 ) $ 8,000 Adjustment of deferred tax asset or liability for enacted changes in tax laws 39,000 - Deferred income taxes (37,000 ) (67,000 ) $ (5,000 ) $ (59,000 ) A reconciliation of income tax benefit at the statutory rate to the Company’s actual income tax benefit is shown below: 2017 2016 Computed at the statutory rate (34%) $ (5,000 ) $ (317,000 ) Increase (decrease) resulting from Graduated tax rates 2,000 12,000 Tax exempt income (4,000 ) (4,000 ) State tax, net of federal tax benefit 8,000 5,000 Deductible organization costs (21,000 ) (21,000 ) Increase (decrease) in valuation allowance - 236,000 Tax rate differential on valuation allowance - 32,000 Adjustment of deferred tax asset or liability for enacted changes in tax laws 39,000 - Other (24,000 ) (2,000 ) $ (5,000 ) $ (59,000 ) Effective tax rate 35.7 % 6.3 % On December 22, 2017, the Tax Cuts and Jobs Act legislation was enacted, which significantly changes the existing U.S. tax laws, including a reduction in the corporate tax rate from 35% to 21%, effective January 1, 2018, as well as other changes. As a result of enactment of the legislation, the Company incurred an additional one-time income tax expense of $39,000 during the fourth quarter of fiscal year 2017, primarily related to the remeasurement of certain deferred tax assets and liabilities. The new legislation is complex and requires significant detailed analysis. We do not currently expect significant adjustments will be necessary, but any further adjustments identified will be recognized in accordance with guidance contained in Staff Accounting Bulletin No. 118 from the U.S. Securities and Exchange Commission. The tax effects of temporary differences related to deferred taxes shown on the balance sheet were: 2017 2016 Deferred tax assets Allowance for loan losses $ 67,000 $ 79,000 ESOP contribution 10,000 6,000 Deferred loan fees 3,000 5,000 Unrealized losses on securities available-for-sale 28,000 45,000 Nonaccrual loan interest 1,000 1,000 Charitable contribution carryforwards 166,000 236,000 Net operating loss carryforward 66,000 66,000 341,000 438,000 Deferred tax liabilities Accumulated depreciation (9,000 ) (9,000 ) Other (12,000 ) (19,000 ) (21,000 ) (28,000 ) Net deferred tax asset before valuation allowance 320,000 410,000 Valuation allowance Beginning balance (236,000 ) - Adjustment of valuation allowance for enacted changes in tax laws 71,000 - (Increase) decrease during the period - (236,000 ) Ending balance (165,000 ) (236,000 ) Net deferred tax asset $ 155,000 $ 174,000 At December 31, 2017, the Company had approximately $300,000 of net operating loss carry forward that will begin to expire in 2036. In connection with the offering of common stock, in 2016 the Company contributed to the Central Federal Community Foundation $100,000 in cash and common stock with a fair value of $687,700 (68,770 shares at the $10.00 offering price) for a total contribution of $787,700. For Federal income tax purpose, the deduction for charitable contributions is subject to certain annual limitations with unused contributions carried forward five years subject to the same annual limitations. At December 31, 2017 and 2016, the Company had recorded a valuation allowance against the entire deferred tax asset related to this contribution carryforward. The Company has determined it is more likely than not that this deferred tax asset will not be realized. Retained earnings includes certain tax bad debt reserves for which no deferred income tax liability has been recognized. These reserves represent an allocation of income to bad debt deductions for tax purposes only for tax years prior to 1988. If these tax bad debt reserves are used for other than loan losses, the amount used will be subject to income taxes at the then prevailing corporate rate.

Financial Instruments With Off-

Financial Instruments With Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2017
Risks and Uncertainties [Abstract]
Financial Instruments With Off-Balance Sheet Risk	note 12 FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK In the normal course of business, the Company has outstanding commitments and contingent liabilities, such as commitments to extend credit and standby letters of credit, which are not included in the accompanying financial statements. Central Federal’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual or notional amount of those instruments. The Company uses the same credit policies in making such commitments as it does for instruments that are included in the statements of financial condition. The following financial instruments whose contract amount represents credit risk were approximately as follows: December 31, 2017 2016 Commitments to Extend Credit $ 3,759,000 $ 2,760,000 Standby Letters of Credit - - $ 3,759,000 $ 2,760,000 Range of Rates on Fixed Rate Commitments 2.00-6.00% 2.00-4.75% Commitments to extend credit 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 require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case by case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include accounts receivable, inventory, property and equipment, and income producing commercial properties. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company’s policy for obtaining collateral, and the nature of such collateral, is essentially the same as that involved in making commitments to extend credit. Central Federal was not required to perform on any financial guarantees and did not incur any losses on its commitments.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2017
Retirement Benefits [Abstract]
Employee Benefits	NOTE 13 EMPLOYEE BENEFITS On January 12, 2016, the Company announced the formation of the ESOP, a non-contributory plan for its employees. All employees of the Company meeting certain tenure requirements are entitled to participate in the ESOP. The ESOP was originally established and funded with the purchase of 143,042 shares of common stock using the proceeds in the offering completed on January 12, 2016. The Company is making quarterly payments of principal and interest over a term of 100 quarters and the unpaid principal has an annual interest rate of 3.50%. Dividends paid on unallocated stock will also be applied as a payment. The trustee holds unallocated shares purchased by the ESOP in a loan suspense account and will release the shares of common stock on a pro rata basis each quarter as payments are made. Released shares will be allocated among active participants on the basis of each active participant’s proportional share of compensation. Compensation expense related to the ESOP was $75,000 and $66,000 for the year ended December 31, 2017 and 2016, respectively. A summary of Central Federal’s ESOP is as follows at December 31, 2017 and 2016: 2017 2016 Allocated Shares 5,720 - Shares released for Allocation 5,720 5,720 Unallocated Shares 131,602 137,322 Total ESOP Shares 143,042 143,042 Fair value of unallocated shares at December 31 $ 1,829,000 $ 1,751,000 At December 31, 2017, the fair value of the 11,440 shares allocated or released for allocation under the ESOP was $159,000 and is reported on the balance sheet as mezzanine capital. The fair value of all shares subject to the repurchase obligation is $1,988,000. The Company previously offered a Savings Incentive Match Plan (SIMPLE IRA) plan for full-time employees, under which a participant could elect to make pre-tax contributions up to the maximum amount allowed by the Internal Revenue Service. The Company made matching contributions to participants as defined by the plan of $19,000 and $10,000 for the years ended December 31, 2017 and 2016, respectively. There were no vesting requirements.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2017
Regulated Operations [Abstract]
Regulatory Matters	note 14 REGULATORY MATTERS Central Federal is subject to various regulatory capital requirements administered by the federal and state 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 Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, Central Federal must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not generally applicable to savings and loan holding companies. As of December 31, 2017, the most recent notification from the banking regulators categorized Central Federal as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as well capitalized, Central Federal must maintain minimum total risk-based, Tier 1 risk-based, common equity Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following tables. There are no conditions or events since the notification that management believes have changed Central Federal’s category. Quantitative measures established by regulation to ensure capital adequacy require Central Federal to maintain minimum amounts and ratios set forth in the following table. Management believes, as of December 31, 2017 and 2016, that the Company met all its capital adequacy requirements. Central Federal’s capital amounts and ratios are presented in the following table. Actual Minimum Capital Requirement Minimum to be Well Capitalized Amount Ratio Amount Ratio Amount Ratio December 31, 2017 Total Capital to Risk Weighted Assets $ 20,759,000 51.5 % $ 3,226,400 8.0 % $ 4,033,000 10.0 % Tier I Capital to Risk Weighted Assets 20,597,000 51.1 % 2,419,800 6.0 % 3,226,400 8.0 % Common Equity Tier I Capital to Risk Weighted Assets 20,597,000 51.1 % 1,814,850 4.5 % 2,621,450 6.5 % Tier I Capital to Average Assets 20,597,000 30.2 % 2,731,480 4.0 % 3,414,350 5.0 % December 31, 2016 Total Capital to Risk Weighted Assets $ 20,628,000 53.5 % $ 3,082,000 8.0 % $ 3,853,000 10.0 % Tier I Capital to Risk Weighted Assets 20,366,000 52.9 % 2,312,000 6.0 % 3,082,000 8.0 % Common Equity Tier I Capital to Risk Weighted Assets 20,366,000 52.9 % 1,734,000 4.5 % 2,504,000 6.5 % Tier I Capital to Average Assets 20,366,000 27.0 % 3,014,000 4.0 % 3,767,000 5.0 % The Basel III Capital Rules establish a “capital conservation buffer” of 2.5% above the risk-based capital ratios, shown in the table above, which is being phased in at 0.625% of risk-weighted assets each year beginning in January 2016. On April 5, 2017, the Company announced that its Board of Directors adopted a stock repurchase program, under which the Company is authorized to repurchase up to 178,802 shares of its common stock, or approximately 10% of the current outstanding shares. As of December, 31, 2017, the Company had repurchased 112,100 shares.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	note 15 FAIR VALUE MEASUREMENTS The Company categorizes its assets and liabilities measured at fair value into a three-level hierarchy based on the priority of the inputs to the valuation technique used to determine fair value. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used in the determination of the fair value measurement fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement. Assets and liabilities valued at fair value are categorized based on the inputs to the valuation techniques as follows: Level 1 Level 2 Level 3 Subsequent to initial recognition, the Company may remeasure the carrying value of assets and liabilities measured on a nonrecurring basis to fair value. Adjustments to fair value usually result when certain assets are impaired. Such assets are written down from their carrying amounts to their fair value. Professional standards allow entities the irrevocable option to elect to measure certain financial instruments and other items at fair value for the initial and subsequent measurement on an instrument-by-instrument basis. The Company adopted the policy to value certain financial instruments at fair value. The Company has not elected to measure any existing financial instruments at fair value; however, it may elect to measure newly acquired financial instruments at fair value in the future. Recurring Basis The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The following tables present the balances of assets and liabilities measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total December 31, 2017 Securities Available-for-Sale: Mortgage Backed Securities $ - 4,883,000 $ - $ 4,883,000 Small Business Administration Pools - 885,000 - 885,000 Municipal Obligation - 412,000 - 412,000 Federal Home Loan Mortgage Corp. Stock 40,000 - - 40,000 $ 40,000 $ 6,180,000 $ - $ 6,220,000 December 31, 2016 Securities Available-for-Sale: Mortgage Backed Securities $ - $ 5,182,000 $ - $ 5,182,000 Small Business Administration Pools - 954,000 - 954,000 Municipal Obligation - 403,000 - 403,000 Federal Home Loan Mortgage Corp. Stock 42,000 - - 42,000 $ 42,000 $ 6,539,000 $ - $ 6,581,000 The following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy. Securities When available, the Company uses quoted market prices to determine the fair value of securities; such items are classified in Level 1 of the fair value hierarchy. For the Company’s securities for which quoted prices are not available for identical securities in an active market, the Company determines fair value utilizing vendors who apply matrix pricing for similar bonds for which no price is observable or may compile prices from various sources. Level 2 inputs consider observable data that may include dealer quotes, market spread, cash flows, treasury yield curve, trading levels, credit information and terms, among other factors. Nonrecurring Basis Certain assets are measured at fair value on a nonrecurring basis. These assets are not measured at fair value on an ongoing basis; however, they are subject to fair value adjustments in certain circumstances, such as there is evidence of impairment or a change in the amount of previously recognized impairment. The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2017 and 2016: Level 1 Level 2 Level 3 December 31, 2017 Impaired Loans $ - $ - $ 82,000 December 31, 2016 Impaired Loans $ - $ - $ - The impaired loans above that required Level 3 adjustments during 2017 consisted of specific valuation allowances of $19,000. There were no impairment losses on impaired loans in 2016. The significant inputs used in the fair value measurements for Level 3 assets measured at fair value on the nonrecurring basis are as follows as of December 31, 2017, and December 31, 2016: Valuation Techniques Unobservable inputs Range (Average) Impaired Loans Evaluation of Collateral Estimation of Value NM* * Not Meaningful. Impaired Loans In accordance with the provisions of the loan impairment guidance, impairment was measured for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, or discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceeds the recorded investments in such loans. Impaired loans for which an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. Collateral values are estimated using Level 3 inputs based on customized discounting criteria. Impairment amounts on impaired loans represent specific valuation allowance and write-downs during the period presented on impaired loans that were individually evaluated for impairment based on the estimated fair value of the collateral less estimated selling costs, excluding impaired loans fully charged-off.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	NOTE 16 fair value OF FINANCIAL INSTRUMENTS Disclosure of fair value information about financial instruments, for which it is practicable to estimate that value, is required whether or not recognized in the statements of financial condition. In cases in which quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimate of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Certain financial instruments with a fair value that is not practicable to estimate and all non-financial instruments are excluded from the disclosure requirements. Accordingly, the aggregate fair value amounts presented do not necessarily represent the underlying value of the Company. The following disclosures represent financial instruments in which the ending balances at December 31, 2017 and 2016 are not carried at fair value in their entirety on the statements of financial condition. Cash and Cash Equivalents and Accrued Interest Receivable The carrying amounts reported in the statements of financial condition approximate those assets’ and liabilities’ fair values. Accrued interest is primarily accrued interest from loans. Certificates of Deposit in Other Financial Institutions Fair values of certificates of deposit in other financial institutions are estimated using discounted cash flow analyses based on current rates for similar types of deposits. Federal Home Loan Bank (“FHLB”) Stock, at Cost The carrying amount of FHLB stock approximates its fair value based on the redemption provisions of the FHLB. Loans For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values of other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Deposits and Accrued Interest Payable The fair values of demand deposits are, by definition, equal to the amount payable on demand at the balance sheet date. The fair values of fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies current incremental interest rates being offered on certificates of deposit to a schedule of aggregated expected monthly maturities of the outstanding certificates of deposit. Accrued interest payable carrying amount approximates its fair value. Off-Balance-Sheet Credit-Related Instruments Off-Balance-Sheet Credit Related Instrument commitments are generally of a short-term nature. The contract amount of such commitments approximates their fair value since the commitments are comprised primarily of unfunded loan commitments which are generally priced at market at the time of funding. Fair Value of Financial Instruments The estimated fair values, and related carrying or notional amounts, of the Company’s financial instruments are as follows: December 31, 2017 December 31, 2016 Carrying Fair Carrying Fair Input Amount Value Amount Value Level Financial Assets: Cash and Cash Equivalents $ 2,925,000 $ 2,925,000 $ 12,199,000 $ 12,199,000 1 Certificates of Deposit in Other Financial Institutions 5,699,000 5,699,000 4,712,000 4,712,000 2 FHLB Stock 89,000 89,000 97,000 97,000 2 Loans, net 51,937,000 51,788,000 49,248,000 49,235,000 3 Accrued Interest Receivable 163,000 163,000 160,000 160,000 2 Financial Liabilities: Deposits 41,636,000 41,430,000 46,223,000 46,156,000 3 Accrued Interest Payable - - 1,000 1,000 2

Parent Company Only Financial S

Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Parent Company Only Financial Statements	NOTE 17 PARENT COMPANY ONLY FINANCIAL STATEMENTS The following parent only balance sheets, statements of earnings and statements of cash flows for Central Federal Bancshares, Inc. should be read in conjunction with the consolidated financial statements and notes thereto. Statement of Financial Condition December 31, 2017 December 31, 2016 Assets Cash and Cash Equivalents $ 4,387,000 $ 6,030,000 Investment in Subsidiary 20,486,000 20,262,000 ESOP Note Receivable 1,355,000 1,392,000 Other Assets 173,000 70,000 Total Assets $ 26,401,000 $ 27,754,000 Liabilities and Stockholders' Equity Other Liabilitites $ 83,000 $ 1,000 Common Stock 18,000 18,000 Additional Paid-In Capital 16,464,000 16,446,000 Treasury Stock (1,523,000 ) - Common Stock Aquired by ESOP (1,316,000 ) (1,373,000 ) Accumulated Other Comprehensive Loss (83,000 ) (105,000 ) Retained earnings - Substantially Restricted 12,758,000 12,767,000 Total Stockholders' Equity 26,318,000 27,753,000 Total Liabilities and Stockholder's Equity $ 26,401,000 $ 27,754,000 For Year Ended For Year Ended December 31, 2017 December 31, 2016 Statement of Operations Interest Income on ESOP Note Receivable $ 48,000 $ 48,000 Income in Subsidiary 128,000 107,000 Total Income 176,000 155,000 Noninterest Expense 258,000 340,000 Contribution to Charitable Foundation - 788,000 Total Expenses 258,000 1,128,000 Loss before income taxes (82,000 ) (973,000 ) Income Tax Benefit (73,000 ) (100,000 ) Net Income (Loss) $ (9,000 ) $ (873,000 ) For Year Ended For Year Ended December 31, 2017 December 31, 2016 Statement of Cash Flows Cash Flows from Operating Activities: Net Loss $ (9,000 ) $ (873,000 ) Adjustment to Reconcile Net Loss to Cash Provided by Operating Activities: Income in Subsidiary (128,000 ) (107,000 ) Increase in Other Assets (103,000 ) (70,000 ) Increase in Other Liabilities 82,000 1,000 Net cash used for operating activities (158,000 ) (1,049,000 ) Cash Flows from Investing Activities: Repayment of ESOP Loan 38,000 38,000 Capital Contribution to Subsidiary - (7,984,000 ) Net cash provided by (used for) investing activities 38,000 (7,946,000 ) Cash Flows from Financing Activities: Proceeds from Issuance of Common Stock - 15,025,000 Purchase of Treasury Stock (1,523,000 ) - Net Cash provided by (Used In) Financing Activities (1,523,000 ) 15,025,000 NET CHANGE IN CASH AND CASH EQUIVALENTS (1,643,000 ) 6,030,000 Cash and Cash Equivalents at Beginning of Year 6,030,000 - Cash and Cash Equivalents at End of Year $ 4,387,000 $ 6,030,000

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Central Federal Bancshares, Inc. (“Central Federal Bancshares” or the “Company”) is a holding company that owns 100% of Central Federal Savings and Loan Association of Rolla (“Central Federal”). Central Federal is a community-oriented financial institution, dedicated to serving the financial service needs of customers within its market area, which generally consists of Phelps County, Missouri, although it also services customers in the contiguous Missouri counties of Dent, Texas, Crawford, Pulaski and Maries. Central Federal offers a variety of loan and deposit products to meet the borrowing needs of its customers. Central Federal operates out of its office in Rolla, Missouri. Central Federal is subject to regulation, examination, and supervision by the Office of the Comptroller of the Currency, or OCC, its primary federal regulator, and the Federal Deposit Insurance Corporation, or FDIC, its deposit insurer.
Stock Conversion	Stock Conversion On August 4, 2015, the Board of Directors of Central Federal adopted a Plan of Conversion, as subsequently amended, providing for Central Federal to convert from a federally chartered mutual savings association into a federally chartered stock savings association and operate as a wholly-owned subsidiary of a newly chartered savings and loan holding company. On January 12, 2016, Central Federal completed the conversion and now operates as a wholly-owned subsidiary of the Company. In connection with the conversion, the Company sold 1,719,250 shares of common stock in a subscription offering at $10.00 per share, including the sale of 143,042 shares to the employee stock ownership plan (“ESOP”) formed by Central Federal in connection with the conversion. In addition, the Company contributed an additional 68,770 shares of common stock and $100,000 in cash to the Central Federal Community Foundation, a charitable organization created by the Company and Central Federal in connection with the conversion and the related stock offering. The cost of the conversion and issuance of common stock was deferred and deducted from the proceeds of the offering. Central Federal incurred conversion costs of $1,425,000. In accordance with applicable federal conversion regulations, at the time of the completion of the conversion, Central Federal established a liquidation account in an amount equal to Central Federal’s total retained earnings as of the latest balance sheet date in the final prospectus used in the conversion (which was June 30, 2015). Each eligible account holder or supplemental account holder is entitled to a proportionate share of this liquidation account only in the event of a complete liquidation of Central Federal. This share will be reduced if the eligible account holder’s or supplemental account holder’s deposit balance falls below the amounts on the date of record as of any December 31 and will cease to exist if the account is closed. The liquidation account will never be increased despite any increase after conversion in the related deposit balance. Central Federal may not pay dividends if those dividends would reduce equity capital below the required liquidation account amount.
Principles of Consolidation	Principles of Consolidation On January 12, 2016, Central Federal completed its conversion from the mutual to stock form of ownership and now operates as a wholly-owned subsidiary of the Company. The conversion was accounted for as a change in corporate form with the historic base of Central Federal’s assets, liabilities and equity unchanged as a result. The consolidated financial statements as of and for the year ended December 31, 2017 and 2016 are for the Company and Central Federal. Intercompany transactions and balances have been eliminated in the consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the determination of the allowance for loan losses, valuation of foreclosed assets, valuation of deferred tax assets, and fair values of financial instruments.
Concentrations of Credit Risk	Concentrations of Credit Risk Most of the Company’s activities are with customers located within Phelps County, Missouri and surrounding areas. Note 4 discusses the types of securities that the Company invests in. Note 5 discusses the types of lending that the Company engages in.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statements of cash flows, cash and cash equivalents include cash and balances due from financial institutions and federal funds sold, all of which have an original maturity within 90 days. Cash flows from loans and deposits are reported net. The Company maintains cash in correspondent bank accounts in amounts which exceed the federally insured limits. The Company’s management monitors the balances in these accounts and periodically assesses the financial condition of the correspondent banks. Interest bearing funds in cash and cash equivalents were $2,527,000 and $10,934,000 as of December 31, 2017 and 2016, respectively. At December 31, 2017, the balance of Company’s cash accounts exceeded federally insured limits by approximately $968,000.
Certificates of Deposit in Other Financial Institutions	Certificates of Deposit in Other Financial Institutions Certificates of deposit in other financial institutions are carried at cost and generally mature in five years or less.
Securities	Securities Securities are classified as available-for-sale and are carried at fair value with unrealized gains and losses reported in other comprehensive income (loss). Realized gains and losses on securities available-for-sale are included in noninterest income and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income. Gains and losses on sales of securities are determined using the specific identification method on the trade date. The amortization of premiums and accretion of discounts are recognized in interest income using the interest method over the period to maturity. Declines in the fair value of individual available-for-sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The Company monitors the investment security portfolio for impairment on an individual security basis and has a process in place to identify securities that could potentially have a credit impairment that is other than temporary. This process involves analyzing the length of time and the extent to which the fair value has been less than the amortized cost basis, the market liquidity for the security, the financial condition and near-term prospects of the issuer, expected cash flows, and the Company’s intent and ability to hold the investment for a period of time sufficient to recover the temporary loss. The ability to hold is determined whether it is more likely than not that the Company will be required to sell the security before its anticipated recovery. A decline in value due to a credit event that is considered other than temporary is recorded as a loss in noninterest income.
FHLB Stock, at Cost	FHLB Stock, at Cost The Company is a member of the Federal Home Loan Bank of Des Moines (FHLB) system. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost and periodically evaluated for impairment. Because this stock is viewed as a long term investment, impairment is based on ultimate recovery at par value. Both cash and stock dividends are reported as income. Management believes no impairment charge was necessary related to the FHLB stock for the years ended December 31, 2017 or 2016.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, any deferred fees or costs on originated loans, and premiums or discounts on purchased loans. Interest income is accrued on the unpaid principal balance. The Company has determined the application of guidance in the nonrefundable fees and other costs standard regarding the deferral of loan origination fees and direct loan origination costs, does not have a material effect on its financial statements. As such, these fees and costs have been primarily recognized during the period they are collected and incurred, respectively. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer loans and other personal loans are typically charged off no later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income and amortization of related deferred loan fees or costs is suspended. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. The cash-basis is used when a determination has been made that the principal and interest of the loan is collectible. If collectability of the principal and interest is in doubt, payments are applied to loan principal. The determination of ultimate collectability is supported by a current, well documented credit evaluation of the borrower’s financial condition and prospects for repayment, including consideration of the borrower’s sustained historical repayment performance and other relevant factors. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, the borrower has demonstrated a period of sustained performance, and future payments are reasonably assured. A sustained period of repayment performance generally would be a minimum of six months.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses (allowance) is an estimate of probable loan losses inherent in the Company’s loan portfolio. The allowance is established through a provision for loan losses which is charged to expense. Additions to the allowance are expected to maintain the adequacy of the total allowance after loan losses and loan growth. Loan losses are charged off against the allowance when the Company determines the loan balance to be uncollectible. Cash received on previously charged-off amounts is recorded as a recovery to the allowance. The allowance consists of three primary components, general allowances, specific allowances related to impaired loans, and unallocated allowances. The general component covers non-impaired loans and is based on historical losses adjusted for qualitative factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the most recent three years. This actual loss experience is adjusted for qualitative factors based on the risks present for each portfolio segment. These qualitative factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. These factors are inherently subjective and are driven by the repayment risk associated with each portfolio segment. 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. Loans for which impairment is measured generally include loans classified as substandard, doubtful, non-accrual, or are considered a troubled debt restructured loan. When a loan is impaired, the Company measures impairment based on the present value of expected future cash flows discounted at the original contractual interest rate, except that as a practical expedient, it may measure impairment based on an observable market price, or the fair value of the collateral if collateral dependent. A loan is collateral dependent if the repayment is expected to be provided solely by the underlying collateral. Allowance allocations other than general and specific are included in the unallocated portion. The unallocated allowance reflect the imprecision inherent in the underlying assumptions used in the methodologies for estimating the general allowance. Under certain circumstances, the Company will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring (TDR) if the Company for economic or legal reasons related to the borrower’s financial difficulties grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDRs are considered impaired and measured for impairment as described above in the calendar year of the restructuring. In subsequent years, a restructured loan may cease being classified as impaired if the loan was modified at a market rate and is performing according to the modified terms. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. Restructured loans can involve loans remaining on nonaccrual, moving to nonaccrual, or continuing on accrual status, depending on the individual facts and circumstances of the borrower. Nonaccrual restructured loans are included and treated with other nonaccrual loans. The Company assigns a risk rating to all loans to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to examination by the Company’s regulators. During the internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which the borrowers operate and the fair values of collateral securing the loans. These credit quality indicators are used to assign a risk rating to each individual loan. The risk ratings can be grouped into five major categories, defined as follows: Unclassified: Special Mention Substandard Doubtful Loss: The Company maintains a separate general allowance for each portfolio segment. These portfolio segments include commercial business, commercial and multi-family real estate, residential real estate, and consumer and other with risk characteristics described as follows: Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Although management believes the allowance to be adequate, ultimate losses may vary from its estimates. At least quarterly, the board of directors reviews the adequacy of the allowance, including consideration of the relevant risks in the portfolio, current economic conditions, and other factors. If the board of directors and management determine that changes are warranted based on those reviews, the allowance is adjusted. Central Federal is subject to periodic examination by its primary regulator, which may require additions to the allowance based on judgments regarding loan portfolio information available at the time of its examinations.
Off-Balance Sheet Credit Related Financial Instruments	Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under credit arrangements, and standby letters of credit. Such financial instruments are recorded when they are funded.
Foreclosed Assets	Foreclosed Assets Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated selling costs at the date of foreclosure, establishing a new cost basis. Any write-downs based on the asset’s fair value at the date of acquisition are charged to the allowance for loan losses. Subsequent to foreclosure, valuations are periodically performed by management and the assets held for sale are carried at the lower of the new cost basis or fair value, less costs to sell. This evaluation is inherently subjective and requires estimates that are susceptible to significant revisions as more information becomes available. Due to potential changes in conditions, it is at least reasonably possible that changes in fair values will occur in the near term and that such changes could materially affect the amounts reported in the Company’s financial statements. Impairment losses on assets to be held and used are measured at the amount by which the carrying amount of a property exceeds its fair value. Costs of significant asset improvements are capitalized, whereas costs relating to holding assets are expensed. Revenues and expenses from operations and changes in the valuation allowance are included in operations of foreclosed assets.
Premises and Equipment	Premises and Equipment Land is carried at cost. Other premises and equipment are carried at costs net of accumulated depreciation. Depreciation is computed on the straight-line method based principally on the estimated useful lives of the assets. Useful lives range from 15 to 40 years for building and improvements; 2 to 15 years for furniture, fixtures and equipment; and 5 years for automobiles. Maintenance and repairs are expensed as incurred while major additions and improvements are capitalized. Gains and losses on dispositions are included in current operations.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company tests long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of carrying amount or fair value less estimated costs to sell.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred.
Income Taxes	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal and state income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax liabilities. Under U.S. generally accepted accounting principles, a valuation allowance is required to be recognized if it is “more likely than not” that the deferred tax asset will not be realized. The determination of the realizability of the deferred tax assets is highly subjective and dependent upon judgment concerning management’s evaluation of both positive and negative evidence, the forecasts of future income, applicable tax planning strategies, and assessments of the current and future economic and business conditions. The Company files federal and state income tax returns, and it is not subject to federal or state income tax examinations for taxable years prior to 2014.
Comprehensive Income	Comprehensive Income Recognized revenue, expenses, gains, and losses are included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on securities available-for-sale, are reported as a separate component of the stockholders’ equity section of the statements of financial condition, such items, along with net income (loss), are components of comprehensive income (loss).
New Accounting Standards	New Accounting Standards In January 2016, the FASB issued ASU 2016-01,“Recognition and Measurement of Financial Assets and Financial Liabilities,” an amendment to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This amendment supersedes the guidance to classify equity securities with readily determinable fair values into different categories, requires equity securities to be measured at fair value with changes in the fair value recognized through net income, and simplifies the impairment assessment of equity investments without readily determinable fair values. The amendment requires public business entities that are required to disclose the fair value of financial instruments measured at amortized cost on the balance sheet to measure that fair value using the exit price notion. The amendment requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option. The amendment requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or in the accompanying notes to the financial statements. The amendment reduces diversity in current practice by clarifying that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available for sale securities in combination with the entity’s other deferred tax assets. This amendment is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Entities should apply the amendment by means of a cumulative-effect adjustment as of the beginning of the fiscal year of adoption, with the exception of the amendment related to equity securities without readily determinable fair values, which should be applied prospectively to equity investments that exist as of the date of adoption. The Company adopted the accounting standard during the first quarter of 2018, as required. The adoption of the standard did not have a material impact on the Company’s consolidated statements of financial condition or our consolidated statements of operations. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For public companies, this update will be effective for interim and annual periods beginning after December 15, 2019. The Company has formed a cross functional committee to oversee the system, data, reporting and other considerations for the purposes of meeting the requirements of this standard. The Company has not yet determined the impact the adoption of ASU 2016-13 will have on the consolidated financial statements. In March 2017, the FASB issued ASU 2017-08, Receivables-Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities.
Treasury Stock	Treasury Stock Common stock shares repurchased are recorded at cost. Cost of shares retired or reissued is determined using the first in, first out method.
Reclassification	Reclassification Certain amounts in the 2016 financial statements have been reclassified to conform to the 2017 presentation. These reclassifications had no effect on net loss.
Subsequent Events	Subsequent Events In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were available to be issued.

Loss Per Share (Tables)

Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2017
Common share data
Schedule of Income (Loss) Per Share	December 31, 2017 December 31, 2016 Basic and Diluted Loss per Share: Net Loss $ (9,000 ) $ (873,000 ) Weighted-Average Basic and Diluted Shares Outstanding 1,610,060 1,593,757 Net Loss per Share, Basic and Diluted $ (0.01 ) $ (0.55 )

Certificates of Deposit in Ot28

Certificates of Deposit in Other Financial Institutions (Tables)	12 Months Ended
	Dec. 31, 2017
Deposits:
Schedule of Certificates of Deposit in Other Financial Institutions	Certificates of deposit in other financial institutions are as follows: December 31, 2017 2016 Certificates of Deposit at Cost Maturing In: One Year or Less $ 2,481,000 $ 1,488,000 One Year to Five Years 3,218,000 3,224,000 $ 5,699,000 $ 4,712,000

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Estimated Fair Market Value of Investment Securities	The carrying amount and estimated fair market value of securities classified as available-for-sale are summarized as follows: December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage Backed Securities $ 4,994,000 $ - $ (111,000 ) $ 4,883,000 Small Business Administration Pools 916,000 - (31,000 ) 885,000 Municipal Obligation 406,000 6,000 - 412,000 Federal Home Loan Mortgage Corp. Stock 15,000 25,000 - 40,000 Total $ 6,331,000 $ 31,000 $ (142,000 ) $ 6,220,000 December 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage Backed Securities $ 5,321,000 $ - $ (139,000 ) $ 5,182,000 Small Business Administration Pools 988,000 - (34,000 ) 954,000 Municipal Obligation 407,000 - (4,000 ) 403,000 Federal Home Loan Mortgage Corp. Stock 15,000 27,000 - 42,000 Total $ 6,731,000 $ 27,000 $ (177,000 ) $ 6,581,000
Schedule of Amortized Cost and Estimated Fair Value of Securities Available for Sale	The following table indicates amortized cost and estimated fair value of securities available for-sale at December 31, 2017 based upon contractual maturity. Amortized Cost Fair Value Over Ten Years $ 406,000 $ 412,000 Mortgage Backed Securities and SBA Pools with no stated maturity date 5,910,000 5,768,000 Equity Securities 15,000 40,000 Total $ 6,331,000 $ 6,220,000
Schedule of Gross Unrealized Losses	The following tables show securities with gross unrealized losses at December 31, 2017 and 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position. December 31, 2017 Less Than 12 Months 12 Months or More Total Gross Gross Gross Unrealized Unrealized Unrealized Fair Value Loss Fair Value Loss Fair Value Loss Mortgage Backed Securities $ 665,000 $ (8,000 ) $ 4,218,000 $ (103,000 ) $ 4,883,000 $ (111,000 ) Small Business Administration Pools - - 885,000 (31,000 ) 885,000 (31,000 ) Muncipal Obligation - - - - - - Total $ 665,000 $ (8,000 ) $ 5,103,000 $ (134,000 ) $ 5,768,000 $ (142,000 ) December 31, 2016 Less Than 12 Months 12 Months or More Total Gross Gross Gross Unrealized Unrealized Unrealized Fair Value Loss Fair Value Loss Fair Value Loss Mortgage Backed Securities $ - $ - $ 5,182,000 $ (139,000 ) $ 5,182,000 $ (139,000 ) Small Business Administration Pools - - 954,000 (34,000 ) 954,000 (34,000 ) Muncipal Obligation - - 403,000 (4,000 ) 403,000 (4,000 ) Total - - $ 6,539,000 $ (177,000 ) $ 6,539,000 $ (177,000 )

Loans and Allowance for Loan 30

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Schedule of Loans	Loans are summarized as follows: December 31, 2017 2016 Commercial Business $ 1,285,000 $ 1,543,000 Commercial and Multi-Family Real Estate 16,503,000 14,428,000 Residential Real Estate 33,753,000 32,999,000 Consumer and Other 683,000 558,000 52,224,000 49,528,000 Allowance for Loan Losses (273,000 ) (263,000 ) Net Deferred Loan Fees (14,000 ) (17,000 ) Loans, Net $ 51,937,000 $ 49,248,000
Schedule of Allowance for Loan Losses	The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2017 and 2016: December 31, 2017 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Unallocated Total Allowance for Loan Losses: Balance at Beginning of Year $ 3,000 $ 37,000 $ 181,000 $ 3,000 $ 39,000 $ 263,000 Provision for Loan Losses - 1,000 35,000 3,000 (30,000 ) 9,000 Loans Charged-Off - - - (4,000 ) - (4,000 ) Recoveries of Loans Previously Charged-Off - - 4,000 1,000 - 5,000 Balance at End of Year $ 3,000 $ 38,000 $ 220,000 $ 3,000 $ 9,000 $ 273,000 Ending Balance: Individually Evaluated for Impairment $ - $ - $ 19,000 $ - $ - $ 19,000 Ending Balance: Collectively Evaluated for Impairment $ 3,000 $ 38,000 $ 201,000 $ 3,000 $ 9,000 $ 254,000 Loans: Ending Balance: Individually Evaluated for Impairment $ - $ - $ 101,000 $ - $ 101,000 Ending Balance: Collectively Evaluated for Impairment $ 1,285,000 $ 16,503,000 $ 33,652,000 $ 683,000 $ 52,123,000 December 31, 2016 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Unallocated Total Allowance for Loan Losses: Balance at Beginning of Year $ 5,000 $ 30,000 $ 183,000 $ 4,000 $ 39,000 $ 261,000 Provision for Loan Losses (2,000 ) 7,000 (5,000 ) - - - Loans Charged-Off - - - (1,000 ) - (1,000 ) Recoveries of Loans Previously Charged-Off - - 3,000 - - 3,000 Balance at End of Year $ 3,000 $ 37,000 $ 181,000 $ 3,000 $ 39,000 $ 263,000 Ending Balance: Individually Evaluated for Impairment $ - $ - $ - $ - $ - $ - Ending Balance: Collectively Evaluated for Impairment $ 3,000 $ 37,000 $ 181,000 $ 3,000 $ 39,000 $ 263,000 Loans: Ending Balance: Individually Evaluated for Impairment $ - $ - $ 199,000 $ - $ 199,000 Ending Balance: Collectively Evaluated for Impairment $ 1,543,000 $ 14,428,000 $ 32,800,000 $ 558,000 $ 49,329,000
Schedule of Loans Allocated by Management's Internal Risk Ratings	The following tables show the loans allocated by management’s internal risk ratings: Risk Profile by Risk Rating December 31, 2017 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Total Risk Rating: Unclassified $ 1,285,000 $ 16,349,000 $ 32,849,000 $ 683,000 $ 51,166,000 Special Mention - 154,000 620,000 - 774,000 Substandard - 284,000 - 284,000 Total $ 1,285,000 $ 16,503,000 $ 33,753,000 $ 683,000 $ 52,224,000 Risk Profile by Risk Rating December 31, 2016 Commercial Business Commercial and Multi-Family Real Estate Residential Real Estate Consumer and Other Total Risk Rating: Unclassified $ 1,540,000 $ 14,428,000 $ 32,269,000 $ 557,000 $ 48,794,000 Special Mention 3,000 - 118,000 - 121,000 Substandard - - 612,000 1,000 613,000 Total $ 1,543,000 $ 14,428,000 $ 32,999,000 $ 558,000 $ 49,528,000
Schedule of Loan Portfolio	The following tables show the aging analysis of the loan portfolio by time past due: Accruing Interest December 31, 2017 Current 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual Total Loans Commercial Business $ 1,285,000 $ - $ - $ - $ 1,285,000 Commerical and Multi-Family Real Estate 16,503,000 - - - 16,503,000 Residential Real Estate 33,346,000 306,000 71,000 30,000 33,753,000 Consumer and Other 683,000 - - - 683,000 $ 51,817,000 $ 306,000 $ 71,000 $ 30,000 $ 52,224,000 December 31, 2016 Commercial Business $ 1,543,000 $ - $ - $ - $ 1,543,000 Commerical and Multi-Family Real Estate 14,428,000 - - - 14,428,000 Residential Real Estate 32,650,000 150,000 - 199,000 32,999,000 Consumer and Other 556,000 2,000 - - 558,000 $ 49,177,000 $ 152,000 $ - $ 199,000 $ 49,528,000
Schedule of Impaired Loans	The following tables present information related to impaired loans: December 31, 2017 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Loans With No Related Allowance Recorded: Residential Real Estate $ 30,000 $ 32,000 $ - $ 81,000 $ 2,000 Total Loans With No Related Allowance Recorded $ 30,000 $ 32,000 $ - $ 81,000 $ 2,000 Loans With an Allowance Recorded: Residential Real Estate $ 71,000 $ 71,000 $ 19,000 $ 71,000 $ 2,000 Total Impaired Loans: Residential Real Estate $ 101,000 $ 103,000 $ 19,000 $ 152,000 $ 4,000 Total $ 101,000 $ 103,000 $ 19,000 $ 152,000 $ 4,000 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Loans With No Related Allowance Recorded: Residential Real Estate $ 199,000 $ 202,000 $ - $ 271,000 $ - Total Loans With No Related Allowance Recorded $ 199,000 $ 202,000 $ - $ 271,000 $ - Loans With an Allowance Recorded: Residential Real Estate $ - $ - $ - $ - $ - Total Impaired Loans: Residential Real Estate $ 199,000 $ 202,000 $ - $ 271,000 $ - Total $ 199,000 $ 202,000 $ - $ 271,000 $ -

Foreclosed Assets (Tables)

Foreclosed Assets (Tables)	12 Months Ended
	Dec. 31, 2017
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Schedule of Foreclosed Assets	Activity in foreclosed assets is as follows: Year Ended December 31, 2017 2016 Balance at Beginning of Year $ 26,000 $ 608,000 Additions 82,000 - Loan to Facilitate Sale - (209,000 ) Proceeds from Sale (130,000 ) (359,000 ) Gain (loss) on Sale 22,000 (14,000 ) Balance at End of Year $ - $ 26,000
Schedule of Foreclosed Assets by Property	Foreclosed assets by property type are as follows: Year Ended December 31, 2017 2016 Residential Real Estate $ - $ 26,000 $ - $ 26,000

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	Components of premises and equipment are as follows: Year Ended December 31, 2017 2016 Land $ 229,000 $ 229,000 Building and Improvements 1,062,000 1,049,000 Furniture, Fixtures and Equipment 581,000 510,000 1,872,000 1,788,000 Less: Accumulated Depreciation 1,162,000 1,154,000 Premises and Equipment, Net $ 710,000 $ 634,000

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2017
Deposits:
Schedule of Deposits	Deposits consist of the following: December 31, 2017 2016 Noninterest-Bearing Demand Deposits $ 3,181,000 $ 3,474,000 Interest-Bearing Demand Deposits 20,498,000 20,630,000 Savings 3,649,000 3,435,000 Certificates of Deposit, $100,000 or more 3,233,000 6,771,000 Certificates of Deposit, less than $100,000 11,075,000 11,913,000 Total $ 41,636,000 $ 46,223,000
Scheduled Maturities of Certificates of Deposit	As of December 31, 2017, the scheduled maturities of certificates of deposit are as follows: December 31, 2017 Certificates of Deposit: 2018 $ 7,846,000 2019 1,682,000 2020 1,097,000 2021 1,821,000 2022 1,851,000 Thereafter 11,000 Total $ 14,308,000
Schedule of Deposit Interest Expense	Deposit interest expense consisted of the following: Year Ended December 31, 2017 2016 NOW and Money Market Deposit Accounts $ 104,000 $ 110,000 Savings 12,000 11,000 Certificates of Deposit 171,000 238,000 Total $ 287,000 $ 359,000

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Activity associated with loans made to related parties are as follows: December 31, 2017 2016 Balance at Beginning of Year $ 3,255,000 $ 2,198,000 Change in Related Parties - - New Loans and Advances 120,000 1,893,000 Repayments (437,000 ) (836,000 ) Balance at End of Year $ 2,938,000 $ 3,255,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense	The income tax benefit includes these components: 2017 2016 Taxes currently payable (receivable) $ (7,000 ) $ 8,000 Adjustment of deferred tax asset or liability for enacted changes in tax laws 39,000 - Deferred income taxes (37,000 ) (67,000 ) $ (5,000 ) $ (59,000 )
Schedule of Differences Between the Statutory Federal Income Tax Rate and the Effective Tax Rates	A reconciliation of income tax benefit at the statutory rate to the Company’s actual income tax benefit is shown below: 2017 2016 Computed at the statutory rate (34%) $ (5,000 ) $ (317,000 ) Increase (decrease) resulting from Graduated tax rates 2,000 12,000 Tax exempt income (4,000 ) (4,000 ) State tax, net of federal tax benefit 8,000 5,000 Deductible organization costs (21,000 ) (21,000 ) Increase (decrease) in valuation allowance - 236,000 Tax rate differential on valuation allowance - 32,000 Adjustment of deferred tax asset or liability for enacted changes in tax laws 39,000 - Other (24,000 ) (2,000 ) $ (5,000 ) $ (59,000 ) Effective tax rate 35.7 % 6.3 %
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences related to deferred taxes shown on the balance sheet were: 2017 2016 Deferred tax assets Allowance for loan losses $ 67,000 $ 79,000 ESOP contribution 10,000 6,000 Deferred loan fees 3,000 5,000 Unrealized losses on securities available-for-sale 28,000 45,000 Nonaccrual loan interest 1,000 1,000 Charitable contribution carryforwards 166,000 236,000 Net operating loss carryforward 66,000 66,000 341,000 438,000 Deferred tax liabilities Accumulated depreciation (9,000 ) (9,000 ) Other (12,000 ) (19,000 ) (21,000 ) (28,000 ) Net deferred tax asset before valuation allowance 320,000 410,000 Valuation allowance Beginning balance (236,000 ) - Adjustment of valuation allowance for enacted changes in tax laws 71,000 - (Increase) decrease during the period - (236,000 ) Ending balance (165,000 ) (236,000 ) Net deferred tax asset $ 155,000 $ 174,000

Financial Instruments With Of36

Financial Instruments With Off-Balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2017
Risks and Uncertainties [Abstract]
Schedule of Financial Instruments Contract Amount	The following financial instruments whose contract amount represents credit risk were approximately as follows: December 31, 2017 2016 Commitments to Extend Credit $ 3,759,000 $ 2,760,000 Standby Letters of Credit - - $ 3,759,000 $ 2,760,000 Range of Rates on Fixed Rate Commitments 2.00-6.00% 2.00-4.75%

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2017
Retirement Benefits [Abstract]
Schedule of Employee Stock Ownership Plan	A summary of Central Federal’s ESOP is as follows at December 31, 2017 and 2016: 2017 2016 Allocated Shares 5,720 - Shares released for Allocation 5,720 5,720 Unallocated Shares 131,602 137,322 Total ESOP Shares 143,042 143,042 Fair value of unallocated shares at December 31 $ 1,829,000 $ 1,751,000

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2017
Regulated Operations [Abstract]
Schedule of Association's Capital Amounts and Ratios	Central Federal’s capital amounts and ratios are presented in the following table. Actual Minimum Capital Requirement Minimum to be Well Capitalized Amount Ratio Amount Ratio Amount Ratio December 31, 2017 Total Capital to Risk Weighted Assets $ 20,759,000 51.5 % $ 3,226,400 8.0 % $ 4,033,000 10.0 % Tier I Capital to Risk Weighted Assets 20,597,000 51.1 % 2,419,800 6.0 % 3,226,400 8.0 % Common Equity Tier I Capital to Risk Weighted Assets 20,597,000 51.1 % 1,814,850 4.5 % 2,621,450 6.5 % Tier I Capital to Average Assets 20,597,000 30.2 % 2,731,480 4.0 % 3,414,350 5.0 % December 31, 2016 Total Capital to Risk Weighted Assets $ 20,628,000 53.5 % $ 3,082,000 8.0 % $ 3,853,000 10.0 % Tier I Capital to Risk Weighted Assets 20,366,000 52.9 % 2,312,000 6.0 % 3,082,000 8.0 % Common Equity Tier I Capital to Risk Weighted Assets 20,366,000 52.9 % 1,734,000 4.5 % 2,504,000 6.5 % Tier I Capital to Average Assets 20,366,000 27.0 % 3,014,000 4.0 % 3,767,000 5.0 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of Balances of Assets and Liabilities Measured at Fair Value On a Recurring Basis	The following tables present the balances of assets and liabilities measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total December 31, 2017 Securities Available-for-Sale: Mortgage Backed Securities $ - 4,883,000 $ - $ 4,883,000 Small Business Administration Pools - 885,000 - 885,000 Municipal Obligation - 412,000 - 412,000 Federal Home Loan Mortgage Corp. Stock 40,000 - - 40,000 $ 40,000 $ 6,180,000 $ - $ 6,220,000 December 31, 2016 Securities Available-for-Sale: Mortgage Backed Securities $ - $ 5,182,000 $ - $ 5,182,000 Small Business Administration Pools - 954,000 - 954,000 Municipal Obligation - 403,000 - 403,000 Federal Home Loan Mortgage Corp. Stock 42,000 - - 42,000 $ 42,000 $ 6,539,000 $ - $ 6,581,000
Schedule of Impairment Losses Including in Nonrecurring Basis	The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2017 and 2016: Level 1 Level 2 Level 3 December 31, 2017 Impaired Loans $ - $ - $ 82,000 December 31, 2016 Impaired Loans $ - $ - $ -
Schedule of Significant Inputs Used in the Fair Value Measurements of Level 3	The significant inputs used in the fair value measurements for Level 3 assets measured at fair value on the nonrecurring basis are as follows as of December 31, 2017, and December 31, 2016: Valuation Techniques Unobservable inputs Range (Average) Impaired Loans Evaluation of Collateral Estimation of Value NM* * Not Meaningful.

Fair Value of Financial Instr40

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Of Financial Instruments [Abstract]
Schedule of Fair Value of Financial Instruments	The estimated fair values, and related carrying or notional amounts, of the Company’s financial instruments are as follows: December 31, 2017 December 31, 2016 Carrying Fair Carrying Fair Input Amount Value Amount Value Level Financial Assets: Cash and Cash Equivalents $ 2,925,000 $ 2,925,000 $ 12,199,000 $ 12,199,000 1 Certificates of Deposit in Other Financial Institutions 5,699,000 5,699,000 4,712,000 4,712,000 2 FHLB Stock 89,000 89,000 97,000 97,000 2 Loans, net 51,937,000 51,788,000 49,248,000 49,235,000 3 Accrued Interest Receivable 163,000 163,000 160,000 160,000 2 Financial Liabilities: Deposits 41,636,000 41,430,000 46,223,000 46,156,000 3 Accrued Interest Payable - - 1,000 1,000 2

Parent Company Only Financial41

Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Statement of Financial Condition	Statement of Financial Condition December 31, 2017 December 31, 2016 Assets Cash and Cash Equivalents $ 4,387,000 $ 6,030,000 Investment in Subsidiary 20,486,000 20,262,000 ESOP Note Receivable 1,355,000 1,392,000 Other Assets 173,000 70,000 Total Assets $ 26,401,000 $ 27,754,000 Liabilities and Stockholders' Equity Other Liabilitites $ 83,000 $ 1,000 Common Stock 18,000 18,000 Additional Paid-In Capital 16,464,000 16,446,000 Treasury Stock (1,523,000 ) - Common Stock Aquired by ESOP (1,316,000 ) (1,373,000 ) Accumulated Other Comprehensive Loss (83,000 ) (105,000 ) Retained earnings - Substantially Restricted 12,758,000 12,767,000 Total Stockholders' Equity 26,318,000 27,753,000 Total Liabilities and Stockholder's Equity $ 26,401,000 $ 27,754,000
Statement of Operations	For Year Ended For Year Ended December 31, 2017 December 31, 2016 Statement of Operations Interest Income on ESOP Note Receivable $ 48,000 $ 48,000 Income in Subsidiary 128,000 107,000 Total Income 176,000 155,000 Noninterest Expense 258,000 340,000 Contribution to Charitable Foundation - 788,000 Total Expenses 258,000 1,128,000 Loss before income taxes (82,000 ) (973,000 ) Income Tax Benefit (73,000 ) (100,000 ) Net Income (Loss) $ (9,000 ) $ (873,000 )
Statement of Cash Flows	For Year Ended For Year Ended December 31, 2017 December 31, 2016 Statement of Cash Flows Cash Flows from Operating Activities: Net Loss $ (9,000 ) $ (873,000 ) Adjustment to Reconcile Net Loss to Cash Provided by Operating Activities: Income in Subsidiary (128,000 ) (107,000 ) Increase in Other Assets (103,000 ) (70,000 ) Increase in Other Liabilities 82,000 1,000 Net cash used for operating activities (158,000 ) (1,049,000 ) Cash Flows from Investing Activities: Repayment of ESOP Loan 38,000 38,000 Capital Contribution to Subsidiary - (7,984,000 ) Net cash provided by (used for) investing activities 38,000 (7,946,000 ) Cash Flows from Financing Activities: Proceeds from Issuance of Common Stock - 15,025,000 Purchase of Treasury Stock (1,523,000 ) - Net Cash provided by (Used In) Financing Activities (1,523,000 ) 15,025,000 NET CHANGE IN CASH AND CASH EQUIVALENTS (1,643,000 ) 6,030,000 Cash and Cash Equivalents at Beginning of Year 6,030,000 - Cash and Cash Equivalents at End of Year $ 4,387,000 $ 6,030,000

Summary of Significant Accoun42

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Jan. 12, 2016	Dec. 31, 2017	Dec. 31, 2016
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage		100.00%	100.00%
Interest bearing funds in cash and cash equivalents		$ 2,527,000	$ 10,934,000
Cash accounts exceeded federally insured limits		968,000
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Cash accounts exceeded federally insured limits		$ 250,000
Building and Building Improvements [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives		15 years
Building and Building Improvements [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives		40 years
Furniture, Fixtures and Equipment [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives		2 years
Furniture, Fixtures and Equipment [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives		15 years
Automobiles [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives		5 years
Central Federal Community Foundation [Member]
Summary Of Significant Accounting Policies [Line Items]
Stock price per share		$ 10
Number of shares issued to charitable organization		68,770
Payments for funding charitable foundation		$ 100,000
Plan Of Conversion [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of shares issued in connection with conversion	1,719,250
Shares issued during period to employee stock ownership plan	143,042
Plan Of Conversion [Member] | Central Federal Community Foundation [Member]
Summary Of Significant Accounting Policies [Line Items]
Stock price per share	$ 10
Number of shares issued to charitable organization	68,770
Payments for funding charitable foundation	$ 100,000
Stock conversion cost	$ 1,425,000

Loss Per Share - Schedule of In

Loss Per Share - Schedule of Income (Loss) Per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Common share data
Net Loss	$ (9,000)	$ (873,000)
Weighted-Average Basic and Diluted Shares Outstanding	1,610,060	15,937,575
Net Income (Loss) per Share	$ (0.01)	$ (0.55)

Certificates of Deposit in Ot44

Certificates of Deposit in Other Financial Institutions - Schedule of Certificates of Deposit in Other Financial Institutions (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Deposits:
One Year or Less	$ 2,481,000	$ 1,488,000
One Year to Five Years	3,218,000	3,224,000
Certificates of Deposit at Cost	$ 5,699,000	$ 4,712,000

Securities (Details Narrative)

Securities (Details Narrative) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Fair value of investments	$ 5,768,000	$ 6,539,000
Percentage on fair value of investments	93.00%	99.00%

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost and Estimated Fair Market Value of Investment Securities (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 6,331,000	$ 6,731,000
Gross Unrealized Gains	31,000	27,000
Gross Unrealized Losses	(142,000)	(177,000)
Fair Value	6,220,000	6,581,000
Commercial Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	4,994,000	5,321,000
Gross Unrealized Gains
Gross Unrealized Losses	(111,000)	(139,000)
Fair Value	4,883,000	5,182,000
Small Business Administration (“SBA”) Pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	916,000	988,000
Gross Unrealized Gains
Gross Unrealized Losses	(31,000)	(34,000)
Fair Value	885,000	954,000
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	406,000	407,000
Gross Unrealized Gains	6,000
Gross Unrealized Losses		(4,000)
Fair Value	412,000	403,000
US Government-sponsored Enterprises Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	15,000	15,000
Gross Unrealized Gains	25,000	27,000
Gross Unrealized Losses
Fair Value	$ 40,000	$ 42,000

Securities - Schedule of Amor47

Securities - Schedule of Amortized Cost and Estimated Fair Value of Securities Available for Sale (Details)	Dec. 31, 2017USD ($)
Investments, Debt and Equity Securities [Abstract]
Amortized Cost, Over Ten Years	$ 406,000
Amortized Cost, Mortgage Backed Securities and SBA Pools with no stated maturity date	5,910,000
Amortized Cost, Equity Securities	15,000
Total	6,331,000
Fair Value, Over Ten Years	410,000
Fair Value, Mortgage Backed Securities and SBA Pools	6,050,000
Fair Value, No Stated Maturity Date	40,000
Fair value amortized cost of securities available for sale	$ 6,500,000

Securities - Schedule of Gross

Securities - Schedule of Gross Unrealized Losses (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, estimated fair value	$ 665,000
Less than 12 months, gross unrealized losses	(8,000)
12 months or more, estimated fair value	5,103,000	6,539,000
12 months or more, unrealized loss	(134,000)	(177,000)
Total, estimated fair value	5,768,000	6,539,000
Total unrealized loss	(142,000)	(177,000)
Commercial Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, estimated fair value	665,000
Less than 12 months, gross unrealized losses	(8,000)
12 months or more, estimated fair value	4,218,000	5,182,000
12 months or more, unrealized loss	(103,000)	(139,000)
Total, estimated fair value	4,883,000	5,182,000
Total unrealized loss	(111,000)	(139,000)
Small Business Administration (“SBA”) Pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, estimated fair value
Less than 12 months, gross unrealized losses
12 months or more, estimated fair value	885,000	954,000
12 months or more, unrealized loss	(31,000)	(34,000)
Total, estimated fair value	885,000	954,000
Total unrealized loss	(31,000)	(34,000)
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, estimated fair value
Less than 12 months, gross unrealized losses
12 months or more, estimated fair value		403,000
12 months or more, unrealized loss		(4,000)
Total, estimated fair value		403,000
Total unrealized loss		$ (4,000)

Loans and Allowance for Loan 49

Loans and Allowance for Loan Losses (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, Gross	$ 52,224,000	$ 49,528,000
Interest income recorded for nonaccrual loans	5,000	26,000
Interest income recognized on nonaccrual loans	2,000	55,000
One-To Four-Family Nonowner Occupied Properties [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, Gross	9,190,000	9,493,000
Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, Gross	2,076,000	2,736,000
Loans in process	1,330,000	2,299,000
Real Estate Loan [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, Gross	33,753,000	32,999,000
Recorded investment	$ 71,000

Loans and Allowance for Loan 50

Loans and Allowance for Loan Losses - Schedule of Loans (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	$ 52,224,000	$ 49,528,000
Allowance for Loan Losses	(273,000)	(263,000)	$ (261,000)
Net Deferred Loan Fees	(14,000)	(17,000)
Loans, Net	51,937,000	49,248,000
Business Loan [Member] | Commercial Portfolio Segment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	1,285,000	1,543,000
Allowance for Loan Losses	(3,000)	(3,000)	(5,000)
Multi Family Real Estate [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	16,503,000	14,428,000
Allowance for Loan Losses	(38,000)	(37,000)	(30,000)
Real Estate Loan [Member] | Residential Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	33,753,000	32,999,000
Allowance for Loan Losses	(220,000)	(181,000)	(183,000)
Consumer And Other Loans [Member] | Consumer Portfolio Segment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	683,000	558,000
Allowance for Loan Losses	$ (3,000)	$ (3,000)	$ (4,000)

Loans and Allowance for Loan 51

Loans and Allowance for Loan Losses - Schedule of Allowance for Loan Losses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at Beginning of Year	$ 263,000	$ 261,000
Provision for Loan Losses	9,000
Loans Charged-Off	(4,000)	(1,000)
Recoveries of Loans Previously Charged-Off	5,000	3,000
Balance at End of Year	273,000	263,000
Ending Balance: Individually Evaluated for Impairment	19,000
Ending Balance: Collectively Evaluated for Impairment	254,000	263,000
Ending Balance: Individually Evaluated for Impairment	101,000	199,000
Ending Balance: Collectively Evaluated for Impairment	52,123,000	49,329,000
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at Beginning of Year	39,000	39,000
Provision for Loan Losses	(30,000)
Loans Charged-Off
Recoveries of Loans Previously Charged-Off
Balance at End of Year	9,000	39,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	9,000	39,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment
Business Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at Beginning of Year	3,000	5,000
Provision for Loan Losses		(2,000)
Loans Charged-Off
Recoveries of Loans Previously Charged-Off
Balance at End of Year	3,000	3,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	3,000	3,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	1,285,000	1,543,000
Multi Family Real Estate [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at Beginning of Year	37,000	30,000
Provision for Loan Losses	1,000	7,000
Loans Charged-Off
Recoveries of Loans Previously Charged-Off
Balance at End of Year	38,000	37,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	38,000	37,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	16,503,000	14,428,000
Real Estate Loan [Member] | Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at Beginning of Year	181,000	183,000
Provision for Loan Losses	35,000	(5,000)
Loans Charged-Off
Recoveries of Loans Previously Charged-Off	4,000	3,000
Balance at End of Year	220,000	181,000
Ending Balance: Individually Evaluated for Impairment	19,000
Ending Balance: Collectively Evaluated for Impairment	201,000	181,000
Ending Balance: Individually Evaluated for Impairment	101,000	199,000
Ending Balance: Collectively Evaluated for Impairment	33,652,000	32,800,000
Consumer And Other Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at Beginning of Year	3,000	4,000
Provision for Loan Losses	3,000
Loans Charged-Off	(4,000)	(1,000)
Recoveries of Loans Previously Charged-Off	1,000
Balance at End of Year	3,000	3,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	3,000	3,000
Ending Balance: Individually Evaluated for Impairment
Ending Balance: Collectively Evaluated for Impairment	$ 683,000	$ 558,000

Loans and Allowance for Loan 52

Loans and Allowance for Loan Losses - Schedule of Loans Allocated by Management's Internal Risk Ratings (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	$ 52,224,000	$ 49,528,000
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	774,000	121,000
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	284,000	613,000
Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	51,166,000	48,794,000
Business Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	1,285,000	1,543,000
Business Loan [Member] | Unclassified [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	1,285,000	1,540,000
Business Loan [Member] | Special Mention [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		3,000
Business Loan [Member] | Substandard [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross
Multi Family Real Estate [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	16,503,000	14,428,000
Multi Family Real Estate [Member] | Unclassified [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	16,349,000	14,428,000
Multi Family Real Estate [Member] | Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	154,000
Multi Family Real Estate [Member] | Substandard [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross
Real Estate Loan [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	33,753,000	32,999,000
Real Estate Loan [Member] | Unclassified [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	32,849,000	32,269,000
Real Estate Loan [Member] | Special Mention [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	620,000	118,000
Real Estate Loan [Member] | Substandard [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	284,000	612,000
Consumer And Other Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	683,000	558,000
Consumer And Other Loans [Member] | Unclassified [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		557,000
Consumer And Other Loans [Member] | Special Mention [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross
Consumer And Other Loans [Member] | Substandard [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		$ 1,000
Consumer And Other Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	$ 683,000

Loans and Allowance for Loan 53

Loans and Allowance for Loan Losses - Schedule of Loan Portfolio (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 51,859,000	$ 49,177,000
Total Nonaccrual	30,000	199,000
Total	52,224,000	49,528,000
Financing Receivables 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest	306,000	152,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest	71,000
Business Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,285,000	1,543,000
Total Nonaccrual
Total	1,285,000	1,543,000
Business Loan [Member] | Commercial Portfolio Segment [Member] | Financing Receivables 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest
Business Loan [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest
Multi Family Real Estate [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	16,503,000	14,428,000
Total Nonaccrual
Total	16,503,000	14,428,000
Multi Family Real Estate [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest
Multi Family Real Estate [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest
Real Estate Loan [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	33,334,000	32,650,000
Total Nonaccrual	30,000	199,000
Total	33,753,000	32,999,000
Real Estate Loan [Member] | Residential Real Estate [Member] | Financing Receivables 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest	306,000	150,000
Real Estate Loan [Member] | Residential Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest	71,000
Consumer And Other Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	683,000	556,000
Total Nonaccrual
Total	683,000	558,000
Consumer And Other Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest		2,000
Consumer And Other Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accruing Interest

Loans and Allowance for Loan 54

Loans and Allowance for Loan Losses - Schedule of Impaired Loans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Loans With No Related Allowance Recorded, Recorded Investment	$ 30,000	$ 199,000
Loans With No Related Allowance Recorded, Unpaid Principal Balance	32,000	202,000
Loans With No Related Allowance Recorded, Average Recorded Investment	81,000	271,000
Loans With No Related Allowance Recorded, Interest Income Recognized	2,000
Total Impaired Loans, Recorded Investment	101,000	199,000
Total Impaired Loans, Unpaid Principal Balance	103,000	202,000
Total Impaired Loans, Related allowance	19,000
Total Impaired Loans, Average Recorded Investment	152,000	271,000
Total Impaired Loans, Interest Income Recognized	4,000
Real Estate Loan [Member] | Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans With No Related Allowance Recorded, Recorded Investment	30,000	199,000
Loans With No Related Allowance Recorded, Unpaid Principal Balance	32,000	202,000
Loans With No Related Allowance Recorded, Average Recorded Investment	81,000	271,000
Loans With No Related Allowance Recorded, Interest Income Recognized	2,000
Loans With an Allowance Recorded, Recorded investment	71,000
Loans With an Allowance Recorded, Unpaid Principal Balance	71,000
Loans With an Allowance Recorded, Related Allowance	19,000
Loans With an Allowance Recorded, Average Recorded Investment	71,000
Loans With an Allowance Recorded, Interest Income Recognized	2,000
Total Impaired Loans, Recorded Investment	101,000	199,000
Total Impaired Loans, Unpaid Principal Balance	103,000	202,000
Total Impaired Loans, Related allowance	19,000
Total Impaired Loans, Average Recorded Investment	152,000	271,000
Total Impaired Loans, Interest Income Recognized	$ 4,000

Foreclosed Assets - Schedule of

Foreclosed Assets - Schedule of Foreclosed Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Balance Beginning of Period	$ 26,000	$ 608,000
Additions	82,000
Loans or Facilitate Sale		(209,000)
Proceeds from Sale	(130,000)	(359,000)
Gain (Loss) on Sale	22,000	(14,000)
Balance at End of Period		$ 26,000

Foreclosed Assets - Schedule 56

Foreclosed Assets - Schedule of Foreclosed Assets by Property (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Foreclosed assets		$ 26,000	$ 608,000
Residential Real Estate [Member]
Foreclosed assets		$ 26,000

Premises and Equipment - Schedu

Premises and Equipment - Schedule of Premises and Equipment (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Premises and Equipment, Gross	$ 1,872,000	$ 1,788,000
Less: Accumulated Depreciation	1,162,000	1,154,000
Premises and Equipment, Net	710,000	634,000
Land [Member]
Premises and Equipment, Gross	229,000	229,000
Building Improvements [Member]
Premises and Equipment, Gross	1,062,000	1,049,000
Furniture, Fixtures and Equipment [Member]
Premises and Equipment, Gross	$ 581,000	$ 510,000

Deposits (Details Narrative)

Deposits (Details Narrative)	Dec. 31, 2017USD ($)
FDIC insured amount	$ 968,000
Maximum [Member]
FDIC insured amount	$ 250,000

Deposits - Schedule of Deposits

Deposits - Schedule of Deposits (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Deposits:
Noninterest-Bearing Demand Deposits	$ 3,181,000	$ 3,474,000
Interest-Bearing Demand Deposits	20,498,000	20,630,000
Savings	3,649,000	3,435,000
Certificates of Deposit, $100,000 or more	3,233,000	6,771,000
Certificates of Deposit, less than $100,000	11,075,000	11,913,000
Total	$ 41,636,000	$ 46,223,000

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Certificates of Deposit (Details)	Dec. 31, 2017USD ($)
Deposits:
2,018	$ 7,846,000
2,019	1,682,000
2,020	1,097,000
2,021	1,821,000
2,022	1,851,000
Thereafter	11,000
Total	$ 14,308,000

Deposits - Schedule of Deposit

Deposits - Schedule of Deposit Interest Expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Deposits:
NOW and Money Market Deposit Accounts	$ 104,000	$ 110,000
Savings	12,000	11,000
Certificates of Deposit	171,000	238,000
Total	$ 287,000	$ 359,000

Federal Home Loan Bank and Fe62

Federal Home Loan Bank and Federal Reserve Bank Advances (Details Narrative) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Zion Bank [Member]
Federal Home Loan Bank And Federal Reserve Bank Advances [Line Items]
Borrowing capacity	$ 3,000,000	$ 3,000,000
Advances, Pledges, And Security Agreement [Member]
Federal Home Loan Bank And Federal Reserve Bank Advances [Line Items]
Mortgage loans pledged with maximum borrowing capacity	27,054,000	20,504,000
Borrower in Custody Arrangement [Member]
Federal Home Loan Bank And Federal Reserve Bank Advances [Line Items]
Mortgage loans pledged with maximum borrowing capacity	$ 5,741,000	$ 4,189,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Related Party Transactions [Abstract]
Deposits from related parties held by the company	$ 1,777,000	$ 1,574,000

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Related Party Transactions [Abstract]
Balance at Beginning of Year	$ 3,255,000	$ 2,198,000
Change in Related Parties
New Loans and Advances	120,000	1,893,000
Repayments	(437,000)	(836,000)
Balance at End of Year	$ 2,938,000	$ 3,255,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	Dec. 22, 2017	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Line Items]
Corporate tax rate	21.00%		(35.70%)	(6.30%)
Income tax description	Corporate tax rate from 35% to 21%, effective January 1, 2018, as well as other changes. As a result of enactment of the legislation, the Company incurred an additional one-time income tax expense of $39,000 during the fourth quarter of fiscal year 2017, primarily related to the remeasurement of certain deferred tax assets and liabilities.
Income Tax Benefit		$ 39,000	$ (5,000)	$ (59,000)
Net operating loss carryforwards		$ 300,000	$ 300,000
Net operating loss carryforward expire period			2,036
Central Federal Community Foundation [Member]
Income Taxes [Line Items]
Payments for funding charitable foundation			$ 100,000
Number of shares issued to charitable organization			68,770
Value of shares issued to charitable organization			$ 687,700
Stock price per share		$ 10	$ 10
Contribution for funding charitable foundation			$ 787,700
Excess contribution carry forward period			5 years

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Taxes currently payable (receivable)		$ (7,000)	$ 8,000
Adjustment of deferred tax asset or liability for enacted changes in tax laws		39,000
Deferred income taxes		(37,000)	(67,000)
Current and Deferred Total	$ 39,000	$ (5,000)	$ (59,000)

Income Taxes - Schedule of Diff

Income Taxes - Schedule of Differences Between the Statutory Federal Income Tax Rate and the Effective Tax Rates (Details) - USD ($)	Dec. 22, 2017	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Computed at the statutory rate (34%)			$ (5,000)	$ (317,000)
Graduated tax rates			(4,000)
Tax exempt income			(4,000)
State tax, net of federal tax benefit			8,000	5,000
Deductible organization costs			(15,000)	(15,000)
Increase (decrease) in valuation allowance				236,000
Tax Rate Differential on Valuation Allowance				32,000
Adjustment of deferred tax asset or liability for enacted changes in tax laws			39,000
Other			(24,000)
Income Tax Benefit		$ 39,000	$ (5,000)	$ (59,000)
Effective Tax Rate	21.00%		(35.70%)	(6.30%)

Income Taxes - Schedule of Di68

Income Taxes - Schedule of Differences Between the Statutory Federal Income Tax Rate and the Effective Tax Rates (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Statutory rate, percent	34.00%	34.00%

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Allowance for loan losses	$ 67,000	$ 79,000
ESOP contribution	10,000	6,000
Deferred loan fees	3,000	5,000
Unrealized losses on securities available-for-sale	28,000	45,000
Nonaccrual loan interest	1,000	1,000
Charitable contribution carryforwards	166,000	236,000
Net operating loss carryforward	66,000	66,000
Total Deferred Tax Assets before Valuation Allowance	341,000	438,000
Accumulated Depreciation	(9,000)	(9,000)
Other	(12,000)	(19,000)
Total Deferred Tax liabilities	(21,000)	(28,000)
Net deferred tax asset before valuation allowance	320,000	410,000
Valuation allowance, Beginning balance	(236,000)
Adjustment of valuation allowance for enacted changes in tax laws	71,000
(Increase) decrease during the period		(236,000)
Valuation allowance, Ending balance	(165,000)	(236,000)
Net deferred tax asset	$ 155,000	$ 174,000

Financial Instruments With Of70

Financial Instruments With Off-Balance Sheet Risk - Schedule of Financial Instruments Contract Amount (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total financial instruments with off-balance sheet risk	$ 3,759,000	$ 2,760,000
Minimum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of Rates on Fixed Rate Commitments	2.00%	2.00%
Maximum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of Rates on Fixed Rate Commitments	6.00%	4.75%
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total financial instruments with off-balance sheet risk	$ 3,759,000	$ 2,760,000
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total financial instruments with off-balance sheet risk

Employee Benefits (Details Narr

Employee Benefits (Details Narrative)	12 Months Ended
	Dec. 31, 2017USD ($)Integershares	Dec. 31, 2016USD ($)shares	Jan. 12, 2016shares
Funding of ESOP of common stock | shares	143,042	143,042
Term of employee stock ownership plan | Integer	100
ESOP of common stock percentage interest rate	3.50%
Compensation expense	$ 75,000	$ 66,000
Number of shares held by ESOP | shares	11,440
Number of shares held by ESOP, value	$ 159,000
Fair value of shares subject to repurchase obligation	1,988,000
Matching contributions made by company	$ 19,000	$ 10,000
ESOP [Member]
Funding of ESOP of common stock | shares			143,042

Employee Benefits - Schedule of

Employee Benefits - Schedule of Employee Stock Ownership Plan (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Retirement Benefits [Abstract]
Allocated Shares	5,720
Shares released for Allocation	5,720	5,720
Unallocated Shares	131,602	137,322
Total ESOP Shares	143,042	143,042
Fair value of unallocated shares	$ 1,829,000	$ 1,751,000

Regulatory Matters (Details Nar

Regulatory Matters (Details Narrative) - shares	Apr. 05, 2017	Dec. 31, 2017
Capital conservation buffer above risk-based capital ratios		2.50%
Risk-weighted assets		0.625%
Maximum number of shares repurchased	178,802
Maximum number of shares repurchased percentage	10.00%
Board of Directors [Member]
Maximum number of shares repurchased		112,100

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Association's Capital Amounts and Ratios (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Regulated Operations [Abstract]
Total Capital to Risk Weighted Assets, Actual Amount	$ 20,759,000	$ 20,628,000
Total Capital to Risk Weighted Assets, Actual Ratio	51.50%	53.50%
Total Capital to Risk Weighted Assets, Minimum Capital Requirement Amount	$ 3,226,400	$ 3,082,000
Total Capital to Risk Weighted Assets, Minimum Capital Requirement Ratio	8.00%	8.00%
Total Capital to Risk Weighted Assets, Minimum to be Well Capitalized Amount	$ 4,033,000	$ 3,853,000
Total Capital to Risk Weighted Assets, Minimum to be Well Capitalized Ratio	10.00%	10.00%
Tier I Capital to Risk Weighted Assets, Actual Amount	$ 20,597,000	$ 20,366,000
Tier I Capital to Risk Weighted Assets, Actual Ratio	51.10%	52.90%
Tier I Capital to Risk Weighted Assets, Minimum Capital Requirement Amount	$ 2,419,800	$ 2,312,000
Tier I Capital to Risk Weighted Assets, Minimum Capital Requirement Ratio	6.00%	6.00%
Tier I Capital to Risk Weighted Assets, Minimum to be Well Capitalized Amount	$ 3,226,400	$ 3,082,000
Tier I Capital to Risk Weighted Assets, Minimum to be Well Capitalized Ratio	8.00%	8.00%
Common Equity Tier I Capital to Risk Weighted Assets, Actual Amount	$ 20,597,000	$ 20,366,000
Common Equity Tier I Capital to Risk Weighted Assets, Actual Ratio	51.10%	52.90%
Common Equity Tier I Capital to Risk Weighted Assets, Minimum Capital Requirement Amount	$ 1,814,850	$ 1,734,000
Common Equity Tier I Capital to Risk Weighted Assets, Minimum Capital Requirement Ratio	4.50%	4.50%
Common Equity Tier I Capital to Risk Weighted Assets, Minimum to be Well Capitalized Amount	$ 2,621,450	$ 2,504,000
Common Equity Tier I Capital to Risk Weighted Assets, Minimum to be Well Capitalized Ratio	6.50%	6.50%
Tier I Capital to Average Assets, Actual Amount	$ 20,597,000	$ 20,366,000
Tier I Capital to Average Assets, Actual Ratio	30.20%	27.00%
Tier I Capital to Average Assets, Minimum Capital Requirement Amount	$ 2,731,480	$ 3,014,000
Tier I Capital to Average Assets, Minimum Capital Requirement Ratio	4.00%	4.00%
Tier I Capital to Average Assets, Minimum to be Well Capitalized Amount	$ 3,414,350	$ 3,767,000
Tier I Capital to Average Assets, Minimum to be Well Capitalized Ratio	5.00%	5.00%

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Fair Value Measurements Details Narrative
Impairment losse on impaired loans	$ 19,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Balances of Assets and Liabilities Measured at Fair Value On a Recurring Basis (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	$ 6,220,000	$ 6,581,000
Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	4,883,000	5,182,000
Small Business Administration (“SBA”) Pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	885,000	954,000
Municipal Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	412,000	403,000
Federal Home Loan Mortgage Corp. Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	40,000	42,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	40,000	42,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Small Business Administration (“SBA”) Pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Municipal Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Federal Home Loan Mortgage Corp. Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	40,000	42,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	6,180,000	6,539,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	4,883,000	5,182,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Small Business Administration (“SBA”) Pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	885,000	954,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Municipal Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale	412,000	403,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Federal Home Loan Mortgage Corp. Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Small Business Administration (“SBA”) Pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Municipal Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Federal Home Loan Mortgage Corp. Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Available-for-Sale

Fair Value Measurements - Sch77

Fair Value Measurements - Schedule of Impairment Losses Including in Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	$ 82,000

Fair Value of Financial Instr78

Fair Value of Financial Instruments - Schedule of Fair Value of Financial Instruments (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents	$ 2,925,000	$ 12,199,000	$ 25,010,000
Certificates of Deposit in Other Financial Institutions	5,699,000	4,712,000
FHLB Stock	89,000	97,000
Loans, net	51,937,000	49,248,000
Accrued Interest Receivable	163,000	160,000
Deposits	41,636,000	46,223,000
Accrued Interest Payable		1,000
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents	2,925,000	12,199,000
Certificates of Deposit in Other Financial Institutions	5,699,000	4,712,000
FHLB Stock	89,000	97,000
Loans, net	51,788,000	49,235,000
Accrued Interest Receivable	163,000	160,000
Deposits	41,430,000	46,156,000
Accrued Interest Payable		$ 1,000

Parent Company Only Financial79

Parent Company Only Financial Statements - Statement of Financial Condition (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents	$ 2,925,000	$ 12,199,000	$ 25,010,000
ESOP Note Receivable	51,937,000	49,248,000
Other Assets	346,000	346,000
Total Assets	68,089,000	74,003,000
Other Liabilities	135,000	27,000
Common Stock	18,000	18,000
Treasury Stock	1,523,000
Common Stock Acquired by ESOP	1,316,000	1,373,000
Accumulated Other Comprehensive Loss	(83,000)	(105,000)
Retained earnings - Substantially Restricted	12,758,000	12,767,000
Total Stockholders' Equity	26,318,000	27,753,000	$ 13,650,000
Total Liabilities and Stockholder's Equity	68,089,000	74,003,000
Parent Company [Member]
Cash and Cash Equivalents	4,387,000	6,030,000
Investment in Subsidiary	20,486,000	20,262,000
ESOP Note Receivable	1,355,000	1,392,000
Other Assets	173,000	70,000
Total Assets	26,401,000	27,754,000
Other Liabilities	83,000	1,000
Common Stock	18,000	18,000
Additional Paid-In Capital	16,464,000	16,446,000
Treasury Stock	(1,523,000)
Common Stock Acquired by ESOP	(1,316,000)	(1,373,000)
Accumulated Other Comprehensive Loss	(83,000)	(105,000)
Retained earnings - Substantially Restricted	12,758,000	12,767,000
Total Stockholders' Equity	26,318,000	27,753,000
Total Liabilities and Stockholder's Equity	$ 26,401,000	$ 27,754,000

Parent Company Only Financial80

Parent Company Only Financial Statements - Statement of Operations (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Interest Income on ESOP Note Receivable		$ 2,217,000	$ 2,240,000
Total Income		2,198,000	2,114,000
Noninterest Expense		2,317,000	3,156,000
Contribution to Charitable Foundation			788,000
Total Expenses		287,000	359,000
Loss before income taxes		(14,000)	(932,000)
Income Tax Benefit	$ 39,000	(5,000)	(59,000)
Net Income (Loss)		(9,000)	(873,000)
Parent Company [Member]
Interest Income on ESOP Note Receivable		48,000	48,000
Income in Subsidiary		128,000	107,000
Total Income		176,000	155,000
Noninterest Expense		258,000	340,000
Contribution to Charitable Foundation			788,000
Total Expenses		258,000	1,128,000
Loss before income taxes		(82,000)	(973,000)
Income Tax Benefit		(73,000)	(100,000)
Net Income (Loss)		$ (9,000)	$ (873,000)

Parent Company Only Financial81

Parent Company Only Financial Statements - Statement of Cash Flows (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Net Income (Loss)	$ (9,000)	$ (873,000)
Increase in Other Assets	19,000	(1,350,000)
Increase in Other Liabilities	108,000	(601,000)
Net cash used for operating activities	261,000	(40,000)
Net cash provided by (used for) investing activities	(3,425,000)	(7,404,000)
Proceeds from Issuance of Common Stock		15,025,000
Net cash provided by (used for) financing activities	(6,110,000)	(5,367,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(9,274,000)	(12,811,000)
Parent Company [Member]
Net Income (Loss)	(9,000)	(873,000)
Income in Subsidiary	(128,000)	(107,000)
Increase in Other Assets	(103,000)	(70,000)
Increase in Other Liabilities	82,000	1,000
Net cash used for operating activities	(158,000)	(1,049,000)
Repayment of ESOP Loan	38,000	38,000
Capital Contribution to Subsidiary		(7,984,000)
Net cash provided by (used for) investing activities	38,000	(7,946,000)
Proceeds from Issuance of Common Stock		15,025,000
Purchase of Treasury Stock	(1,523,000)
Net cash provided by (used for) financing activities	(1,523,000)	15,025,000
NET CHANGE IN CASH AND CASH EQUIVALENTS	(1,643,000)	6,030,000
Cash and Cash Equivalents at Beginning of year	6,030,000
Cash and Cash Equivalents at end of year	$ 4,387,000	$ 6,030,000