FSB Bancorp 10-Q 14 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 13, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	FSB Bancorp, Inc.
Entity Central Index Key	0001667939
Trading Symbol	fsbc
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		1,940,661
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Current Reporting Status	Yes
Entity Shell Company	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS:
Cash and due from banks	$ 1,776	$ 1,581
Interest earning demand deposits	5,309	4,710
Total cash and cash equivalents	7,085	6,291
Available-for-sale securities, at fair value	18,448	18,331
Held-to-maturity securities, at amortized cost (fair value of $6,140 and $6,030, respectively)	6,026	6,052
Investment in restricted stock, at cost	3,077	3,637
Loans held for sale	1,175	2,133
Loans	280,472	283,302
Less: Allowance for loan losses	(1,661)	(1,561)
Loans receivable, net	278,811	281,741
Bank owned life insurance	3,849	3,819
Accrued interest receivable	985	876
Premises and equipment, net	2,547	2,731
Right of use asset	2,275
Other assets	2,706	2,658
Total assets	326,984	328,269
Deposits:
Non-interest bearing	11,791	10,947
Interest bearing	220,681	211,668
Total deposits	232,472	222,615
Short-term borrowings	2,000	13,750
Long-term borrowings	56,842	58,076
Official bank checks	204	863
Other liabilities	3,665	1,452
Total liabilities	295,183	296,756
Stockholders' equity:
Preferred stock - par value $0.01; 25,000,000 authorized shares; no shares issued and outstanding
Common stock, par value $0.01; 50,000,000 authorized shares; 1,940,661 shares issued and outstanding	19	19
Paid-in capital	15,914	15,746
Retained earnings	16,173	16,212
Accumulated other comprehensive loss	(41)	(183)
Unearned ESOP shares, at cost	(264)	(281)
Total stockholders' equity	31,801	31,513
Total liabilities and stockholders' equity	$ 326,984	$ 328,269

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthenticals) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Fair value securities held to maturity (in dollars)	$ 6,140	$ 6,030
Preferred stock - par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock - par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	1,940,661	1,940,661
Common stock, shares outstanding	1,940,661	1,940,661

Consolidated Statements of Inco

Consolidated Statements of Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest and dividend income:
Loans, including fees	$ 3,082	$ 2,887	$ 6,173	$ 5,713
Securities:
Taxable	121	97	248	191
Tax-exempt	26	26	52	52
Mortgage-backed securities	27	35	56	75
Other	23	11	50	21
Total interest and dividend income	3,279	3,056	6,579	6,052
Interest expense:
Interest on deposits	860	603	1,644	1,166
Interest on short-term borrowings	38	37	117	84
Interest on long-term borrowings	342	279	674	513
Total interest expense	1,240	919	2,435	1,763
Net interest income	2,039	2,137	4,144	4,289
Provision for loan losses	25	75	100	150
Net interest income after provision for loan losses	2,014	2,062	4,044	4,139
Other income:
Increase in cash surrender value of bank owned life insurance	15	15	30	30
Realized gain on sale of loans	172	289	342	637
Mortgage fee income	132	196	270	370
Other	45	44	80	104
Total other income	404	615	798	1,283
Other expense:
Salaries and employee benefits	1,503	1,565	2,965	3,192
Occupancy	267	273	545	554
Data processing costs	108	103	212	204
Advertising	27	59	42	92
Equipment	137	140	265	283
Electronic banking	26	27	53	58
Directors' fees	46	47	103	105
Mortgage fees and taxes	55	63	100	115
FDIC premium expense	33	24	66	50
Audits and tax services	45	46	91	95
Professional services	43	49	99	100
Other	186	198	348	399
Total other expenses	2,476	2,594	4,889	5,247
Income (loss) before income taxes	(58)	83	(47)	175
Provision (benefit) for income taxes	(10)	15	(8)	33
Net income (loss)	$ (48)	$ 68	$ (39)	$ 142
Earnings (loss) per common share - basic and diluted (in dollars per share)	$ (0.03)	$ 0.04	$ (0.02)	$ 0.07
Service fees
Other income:
Other income including Service fees and Fee income	$ 34	$ 37	$ 66	$ 69
Fee income
Other income:
Other income including Service fees and Fee income	$ 6	$ 34	$ 10	$ 73

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income and Comprehensive Income [Abstract]
Net Income (Loss)	$ (48)	$ 68	$ (39)	$ 142
Unrealized holding gains (losses) on available-for-sale securities
Unrealized holding gains (losses) arising during the period	93	(5)	180	(123)
Net unrealized gain (loss) on available for sale securities	93	(5)	180	(123)
Other comprehensive income (loss), before tax	93	(5)	180	(123)
Tax expense (benefit)	20		38	(26)
Other comprehensive income (loss), net of tax	73	(5)	142	(97)
Comprehensive income	25	$ 63	103	45
Tax Expense (Benefit) Allocated to Each Component of Other Comprehensive Income (Loss)
Unrealized holding gains (losses) arising during the period	20		38	(26)
Income tax expense (benefit) related to other comprehensive income (loss)	$ 20		$ 38	$ (26)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock	Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Unearned ESOP	Total
Balance at Dec. 31, 2017	$ 19	$ 15,441	$ 16,077	$ (165)	$ (316)	$ 31,056
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)			142			142
Other comprehensive income (loss), net of tax				(97)		(97)
ESOP shares committed to be released		22			18	40
Stock-based compensation		152				152
Balance at Jun. 30, 2018	19	15,615	16,219	(262)	(298)	31,293
Balance at Dec. 31, 2018	19	15,746	16,212	(183)	(281)	31,513
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)			(39)			(39)
Other comprehensive income (loss), net of tax				142		142
ESOP shares committed to be released		16			17	33
Stock-based compensation		152				152
Balance at Jun. 30, 2019	$ 19	$ 15,914	$ 16,173	$ (41)	$ (264)	$ 31,801

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
OPERATING ACTIVITIES
Net income (loss)	$ (39)	$ 142
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Net amortization of premiums and accretion of discounts on investments	43	42
Gain on sale of loans	(342)	(637)
Proceeds from loans sold	15,217	24,714
Loans originated for sale	(13,917)	(28,607)
Amortization of net deferred loan origination costs	13	29
Depreciation and amortization	213	227
Provision for loan losses	100	150
Expense related to ESOP	33	40
Stock-based compensation	152	152
Deferred income tax benefit	(8)	(7)
Earnings on investment in bank owned life insurance	(30)	(30)
Increase in accrued interest receivable	(109)	(27)
Increase in other assets	(48)	(246)
(Decrease) Increase in other liabilities	(92)	178
Net cash flows from operating activities	1,186	(3,880)
INVESTING ACTIVITIES
Purchases of securities available-for-sale	(5,000)	(500)
Proceeds from maturities and calls of securities available-for-sale	3,999
Proceeds from principal paydowns on securities available-for-sale	1,033	915
Purchases of securities held-to-maturity		(415)
Proceeds from maturities and calls of securities held-to-maturity		460
Proceeds from principal paydowns on securities held-to-maturity	14	168
Net decrease (increase) in loans	2,817	(8,044)
Purchase of restricted stock	(369)	(890)
Redemption of restricted stock	929	668
Purchase of premises and equipment	(29)	(68)
Net cash flows from investing activities	3,394	(7,706)
FINANCING ACTIVITIES
Net increase in deposits	9,857	5,273
Proceeds from borrowings	16,646	26,000
Repayments on borrowings	(29,630)	(21,829)
Net decrease in official bank checks	(659)	(532)
Net cash flows from financing activities	(3,786)	8,912
Change in cash and cash equivalents	794	(2,674)
Cash and cash equivalents at beginning of period	6,291	10,397
Cash and cash equivalents at end of period	7,085	7,723
CASH PAID DURING THE PERIOD FOR:
Interest	$ 2,474	1,718
Income taxes		$ 207

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Basis Of Accounting [Abstract]
Basis of Presentation	Note 1: Basis of Presentation The accompanying unaudited consolidated financial statements of FSB Bancorp, Inc. (“FSB Bancorp”), Fairport Savings Bank (the “Bank”), and its other wholly-owned subsidiary, Fairport Wealth Management (collectively, the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information, the instructions for Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes necessary for a complete presentation of consolidated financial condition, results of operations and cash flows in conformity with generally accepted accounting principles. In the opinion of management, all adjustments, consisting of normal recurring accruals considered necessary for a fair presentation, have been included. The results are not necessarily indicative of the results that may be expected for the year ending December 31, 2019 or for any future period. The Company's consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States and follow practices within the banking industry. Application of these principles requires management to make estimates, assumptions, and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates, assumptions, and judgments are based on information available as of the date of the consolidated financial statements; accordingly, as this information changes, the consolidated financial statements could reflect different estimates, assumptions, and judgments. Certain policies inherently have a greater reliance on the use of estimates, assumptions, and judgments and as such have a greater possibility of producing results that could be materially different than originally reported. Estimates, assumptions, and judgments are necessary when assets and liabilities are required to be recorded at fair value or when an asset or liability needs to be recorded contingent upon a future event. Carrying assets and liabilities at fair value inherently results in more consolidated financial statement volatility. The fair values and information used to record valuation adjustments for certain assets and liabilities are based on quoted market prices or are provided by other third-party sources, when available. When third party information is not available, valuation adjustments are estimated in good faith by management.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
New Accounting Pronouncements	Note 2: New Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). This new guidance supersedes the lease requirements in Topic 840, Leases and is based on the principle that a lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. The accounting applied by a lessor is largely unchanged from that applied under the previous guidance. In addition, the guidance requires an entity to separate the lease components from the nonlease components in a contract. The ASU requires disclosures about the amount, timing, and judgments related to a reporting entity's accounting for leases and related cash flows. The standard is required to be applied to all leases in existence as of the date of adoption using a modified retrospective transition approach. This guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted for all companies in any interim or annual period. The Company adopted this ASU on January 1, 2019 and has recognized lease liabilities and right-of-use assets associated with these lease agreements. The new guidance requires lessees to record a right-of-use asset and a lease liability for all leases with a term greater than 12 months. While the guidance requires all leases to be recognized in the balance sheet, there continues to be a differentiation between finance leases and operating leases for purposes of income statement recognition and cash flow statement presentation. For finance leases, interest on the lease liability and amortization of the right-of-use asset will be recognized separately in the consolidated statement of income. Repayments of principal on those lease liabilities will be classified within financing activities and payments of interest on the lease liability will be classified within operating activities in the statement of cash flows. For operating leases, a single lease cost is recognized in the consolidated statement of income and allocated over the lease term, generally on a straight-line basis. All cash payments are presented within operating activities in the statement of cash flows. The accounting applied by lessors is largely unchanged from existing GAAP, however, the guidance eliminates the accounting model for leveraged leases for leases that commence after the effective date of the guidance. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326). This new guidance significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. This ASU will replace the "incurred loss" model under existing guidance with an "expected loss" model for instruments measured at amortized cost, and require entities to record allowances for available-for-sale debt securities rather than reduce the carrying amount, as they do today under the other-than-temporary impairment model. This ASU also simplifies the accounting model for purchased credit-impaired debt securities and loans. This guidance requires adoption through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. This ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for all companies as of fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact the guidance will have on the Company's consolidated financial statements, and expects an increase in the allowance for credit losses resulting from the change to expected losses for the estimated life of the financial asset, including an allowance for debt securities. The amount of the increase in the allowance for credit losses resulting from the new guidance will be impacted by the portfolio composition and asset quality at the adoption date, as well as economic conditions and forecasts at the time of adoption. The Company is currently running a second model concurrently in 2019 and does not anticipate a material impact to the consolidated financial statements. In July 2019, the FASB decided to add a project to its technical agenda to propose staggered effective dates for certain accounting standards, including ASU 2016-13. The FASB has proposed an approach that ASU 2016-13 will be effective for Public Business Entities that are SEC filers, excluding smaller reporting companies such as the Company, for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. For all other entities, including smaller reporting companies like the Company, ASU 2016-13 will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For all entities, early adoption will continue to be permitted; that is, early adoption is allowed for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years (that is, effective January 1, 2019, for calendar-year-end companies). The FASB is currently in the process of drafting a proposed ASU for this project to be voted upon by FASB members after a 30 day comment period. The Company is currently a smaller reporting company, and if this proposal is approved and becomes effective, the Company’s expected adoption date for ASU 2016-13 would change from fiscal years beginning after December 15, 2019 to fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. In March 2017, the FASB issued an Update (ASU 2017-08) to its guidance on “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20) related to premium amortization on purchased callable debt securities. The amendments in this update shorten the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. For public companies, the amendments in this update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity should apply the amendments in this update on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. Additionally, in the period of adoption, an entity should provide disclosure about a change in accounting principle. The adoption of this guidance did not have a material impact on our consolidated results of operations or financial position. In August 2018, the FASB has issued Accounting Standards Update (ASU) No. 2018-15, Intangibles—Goodwill and Other—Internal Use Software (Subtopic 350-40) Following the issuance of ASU No. 2015-05, constituents requested that the FASB provide additional guidance on the accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract. Accordingly, because U.S. GAAP do not contain explicit guidance on accounting for such costs, and to address the resulting diversity in practice, the FASB has issued ASU No. 2018-15 to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). Note that the guidance on accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in ASU No. 2018-15. The amended guidance is effective for fiscal years beginning after December 15, 2019 (i.e., calendar-year 2020), and for interim periods within those fiscal years.

Earnings per Common Share

Earnings per Common Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings per Common Share	Note 3: Earnings per Common Share Basic earnings per common share is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed in a similar manner to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to reflect the assumed exercise and conversion of dilutive stock options and unvested restricted stock. In periods of loss, basic earnings per common share and diluted earnings per share are the same due to the fact that the inclusion of any of the dilutive shares will result in an anti-dilutive impact, driven by the loss. Net income available to common stockholders is net income of the Company. Unallocated common shares held by the ESOP are not included in the weighted average number of common shares outstanding for purposes of calculating earnings per common share until they are committed to be released. The Company did not grant any restricted stock awards or stock options during the six months ended June 30, 2019. An aggregate of 15,000 stock options and 6,400 shares of restricted stock were granted to senior management during the six months ended June 30, 2018. The grants to senior management vest over a five year period in equal annual installments, with the first installment vesting on the first anniversary date of the grant and succeeding installments on each anniversary thereafter, through 2023. The following tables set forth the calculation of basic and diluted earnings per share. Three months ended June 30, (In thousands, except per share data) 2019 2018 Basic and Diluted Earnings (Loss) Per Common Share Net income (loss) available to common stockholders $ (48 ) $ 68 Weighted average basic common shares outstanding 1,860 1,909 Weighted average diluted common shares outstanding 1,860 1,909 Earnings (loss) per common share – basic and diluted $ (0.03 ) $ 0.04 Six months ended June 30, (In thousands, except per share data) 2019 2018 Basic and Diluted Earnings (Loss) Per Common Share Net income (loss) available to common stockholders $ (39 ) $ 142 Weighted average basic common shares outstanding 1,857 1,908 Weighted average diluted common shares outstanding 1,857 1,908 Earnings (loss) per common share – basic and diluted $ (0.02 ) $ 0.07

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note 4: Investment Securities The amortized cost and estimated fair value of investment securities are summarized as follows: June 30, 2019 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available-for-Sale Portfolio U.S. Government and agency obligations $ 13,610 $ 1 $ (28 ) $ 13,583 Mortgage-backed securities – residential 4,890 22 (47 ) 4,865 Total available-for-sale $ 18,500 $ 23 $ (75 ) $ 18,448 Held-to-Maturity Portfolio Mortgage-backed securities – residential $ 443 $ 7 $ - $ 450 State and municipal securities 5,583 108 (1 ) 5,690 Total held-to-maturity $ 6,026 $ 115 $ (1 ) $ 6,140 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available-for-Sale Portfolio U.S. Government and agency obligations $ 12,610 $ 7 $ (162 ) $ 12,455 Mortgage-backed securities – residential 5,953 24 (101 ) 5,876 Total available-for-sale $ 18,563 $ 31 $ (263 ) $ 18,331 Held-to-Maturity Portfolio Mortgage-backed securities – residential $ 458 $ 6 $ (1 ) $ 463 State and municipal securities 5,594 29 (56 ) 5,567 Total held-to-maturity $ 6,052 $ 35 $ (57 ) $ 6,030 The amortized cost and estimated fair value of debt investments at June 30, 2019 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalties. Available-for-Sale Held-to-Maturity Amortized Amortized (In thousands) Cost Fair Value Cost Fair Value Due in one year or less $ - $ - $ 1,565 $ 1,568 Due after one year through five years 12,610 12,582 2,360 2,386 Due after five years through ten years - - 1,658 1,736 Due after ten years 1,000 1,001 - - Sub-total $ 13,610 $ 13,583 $ 5,583 $ 5,690 Mortgage-backed securities – residential 4,890 4,865 443 450 Totals $ 18,500 $ 18,448 $ 6,026 $ 6,140 The Company’s investment securities’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: June 30, 2019 Less than Twelve Months Twelve Months or More Total Number of Number of Number of Individual Unrealized Fair Individual Unrealized Fair Individual Unrealized Fair (Dollars in thousands) Securities Losses Value Securities Losses Value Securities Losses Value Available-for-Sale U.S. Government and agency obligations - $ - $ - 6 $ 28 $ 7,578 6 $ 28 $ 7,578 Mortgage-backed securities - residential 1 1 141 4 46 3,332 5 47 3,473 Totals 1 $ 1 $ 141 10 $ 74 $ 10,910 11 $ 75 $ 11,051 Held-to-Maturity Mortgage-backed securities – residential (1) - $ - $ - 1 $ - $ 162 1 $ - $ 162 State and municipal securities - - - 3 1 982 3 1 982 Totals - $ - $ - 4 $ 1 $ 1,144 4 $ 1 $ 1,144 December 31, 2018 Less than Twelve Months Twelve Months or More Total Number of Number of Number of Individual Unrealized Fair Individual Unrealized Fair Individual Unrealized Fair (Dollars in thousands) Securities Losses Value Securities Losses Value Securities Losses Value Available-for-Sale U.S. Government and agency obligations - $ - $ - 8 $ 162 $ 9,445 8 $ 162 $ 9,445 Mortgage-backed securities – residential (1) 1 - 203 4 101 3,749 5 101 3,952 Totals 1 $ - $ 203 12 $ 263 $ 13,194 13 $ 263 $ 13,397 Held-to-Maturity Mortgage-backed securities – residential - $ - $ - 1 $ 1 $ 165 1 $ 1 $ 165 State and municipal securities 3 4 1,039 15 52 3,021 18 56 4,060 Totals 3 $ 4 $ 1,039 16 $ 53 $ 3,186 19 $ 57 $ 4,225 (1) The Company conducts a formal review of investment securities on a quarterly basis for the presence of other-than-temporary impairment (“OTTI”). The Company assesses whether OTTI is present when the fair value of a debt security is less than its amortized cost basis at the consolidated balance sheet date. Under these circumstances, OTTI is considered to have occurred (1) if we intend to sell the security; (2) if it is “more likely than not” we will be required to sell the security before recovery of its amortized cost basis; or (3) the present value of expected cash flows is not anticipated to be sufficient to recover the entire amortized cost basis. The guidance requires that credit-related OTTI is recognized in earnings while non-credit-related OTTI on securities not expected to be sold is recognized in other comprehensive income (“OCI”). Non-credit-related OTTI is based on other factors, including illiquidity and changes in the general interest rate environment. Presentation of OTTI is made in the consolidated statement of income on a gross basis, including both the portion recognized in earnings as well as the portion recorded in OCI. The gross OTTI would then be offset by the amount of non-credit-related OTTI, showing the net as the impact on earnings. There were 15 securities in an unrealized loss position at June 30, 2019, of which 14 have been in loss positions for a period greater than twelve months and one has been in a loss position for a period less than twelve months. This compares to 32 securities in an unrealized loss position at December 31, 2018, of which 28 had been in loss positions for a period greater than twelve months and four had been in loss positions for a period less than twelve months. These issuing entities are currently rated Aaa by Moody’s Investor Services and AA+ by Standard and Poors. Among the 14 securities in loss positions for a period greater than twelve months at June 30, 2019, 11 were either direct issuances of, or mortgage-backed securities or collateralized mortgage obligations issued by, the following entities sponsored and guaranteed by the United States Government: GNMA, FNMA, and FHLMC. The remaining three securities that have been in a loss position for a period greater than twelve months were issued by a state or political subdivision, primarily local municipalities. The unrealized losses reflected are primarily attributable to changes in interest rates since the securities were acquired. The one security in an unrealized loss position at June 30, 2019 for less than twelve months was a mortgage-backed security issued by FHLMC which is sponsored and guaranteed by the United States Government. The unrealized loss reflected is primarily attributable to changes in interest rates since the security was acquired. The Company does not intend to sell this security, nor is it more likely than not, that the Company will be required to sell this security prior to recovery of the amortized cost. As such, management does not believe any individual unrealized loss as of June 30, 2019 represents OTTI. There were no realized gains or losses on sales of securities for the three or six months ended June 30, 2019 and June 30, 2018. As of June 30, 2019 and December 31, 2018, no securities were pledged to secure public deposits or for any other purpose required or permitted by law. Management has reviewed its loan and mortgage-backed securities portfolios and determined that, to the best of its knowledge, little or no exposure exists to sub-prime or other high-risk residential mortgages. The Company is not in the practice of investing in, or originating, these types of investments or loans.

Loans

Loans	6 Months Ended
	Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]
Loans	Note 5: Loans Major classifications of loans at the indicated dates are as follows: June 30, December 31, (In thousands) 2019 2018 Real estate loans: Secured by one-to-four family residences $ 218,714 $ 221,602 Secured by multi-family residences 9,855 10,241 Construction 4,018 4,898 Commercial real estate 23,220 22,492 Home equity lines of credit 17,248 16,766 Total real estate loans 273,055 275,999 Commercial and industrial loans 7,426 7,290 Other loans 41 50 Total loans 280,522 283,339 Net deferred loan origination fees (50 ) (37 ) Less allowance for loan losses (1,661 ) (1,561 ) Loans receivable, net $ 278,811 $ 281,741 The Company originates residential mortgage, commercial, and consumer loans largely to customers throughout Monroe county and the surrounding western New York counties of Erie, Livingston, Ontario, Orleans, Jefferson, Niagara, and Wayne. Although the Company has a diversified loan portfolio, a substantial portion of its borrowers’ abilities to honor their loan contracts is dependent upon the counties’ employment and economic conditions. As of June 30, 2019 and December 31, 2018, residential mortgage loans with a carrying value of $197.3 million and $201.9 million, respectively, have been pledged by the Company to the Federal Home Loan Bank of New York under a blanket collateral agreement to secure the Company’s line of credit and term borrowings. The Company retains the servicing on conventional fixed-rate mortgage loans sold to Freddie Mac and receives a fee based on the principal balance outstanding. Loans serviced for others totaled $118.0 million and $123.8 million at June 30, 2019 and December 31, 2018, respectively. Loan servicing rights are recorded at fair value when loans are sold with servicing rights retained. The fair value of the mortgage servicing rights (“MSRs”) is determined using a method which utilizes servicing income, discount rates, and prepayment speeds relative to the Bank’s portfolio for MSRs and are amortized over the life of the loan. MSRs amounted to $747,000 and $812,000 at June 30, 2019 and December 31, 2018, respectively, and are included in other assets on the consolidated balance sheets. Loan Origination / Risk Management The Company’s lending policies and procedures are presented in Note 4 to the consolidated financial statements included in FSB Bancorp’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 27, 2019 and have not changed. To develop and document a systematic methodology for determining the allowance for loan losses, the Company has divided the loan portfolio into two portfolio segments, each with different risk characteristics but with similar methodologies for assessing risk. Each portfolio segment is broken down into loan classes where appropriate. Loan classes contain unique measurement attributes, risk characteristics, and methods for monitoring and assessing risk that are necessary to develop the allowance for loan losses. Unique characteristics such as borrower type, loan type, collateral type, and risk characteristics define each class. The following table illustrates the portfolio segments and classes for the Company’s loan portfolio: Portfolio Segment Class Real Estate Loans Secured by one-to-four family residences Secured by multi-family residences Construction Commercial real estate Home equity lines of credit Other Loans Commercial and industrial Other loans The following tables present the classes of the loan portfolio, not including net deferred loan fees, summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company's internal risk rating system as of the dates indicated: As of June 30, 2019 Special (In thousands) Pass Mention Substandard Doubtful Total Real estate loans: Secured by one-to-four family residences $ 216,136 $ - $ 2,578 $ - $ 218,714 Secured by multi-family residences 9,855 - - - 9,855 Construction 4,018 - - - 4,018 Commercial real estate 20,399 2,573 248 - 23,220 Home equity lines of credit 17,054 - 194 - 17,248 Total real estate loans 267,462 2,573 3,020 - 273,055 Commercial & industrial loans 7,381 - 45 - 7,426 Other loans 41 - - - 41 Total loans $ 274,884 $ 2,573 $ 3,065 $ - $ 280,522 As of December 31, 2018 Special (In thousands) Pass Mention Substandard Doubtful Total Real estate loans: Secured by one-to-four family residences $ 218,222 $ 494 $ 2,886 $ - $ 221,602 Secured by multi-family residences 10,241 - - - 10,241 Construction 4,898 - - - 4,898 Commercial real estate 21,313 931 248 - 22,492 Home equity lines of credit 16,565 - 201 - 16,766 Total real estate loans 271,239 1,425 3,335 - 275,999 Commercial & industrial loans 7,245 - 45 - 7,290 Other loans 50 - - - 50 Total loans $ 278,534 $ 1,425 $ 3,380 $ - $ 283,339 Commercial real estate loans rated special mention increased $1.6 million, or 176.4%, to $2.6 million at June 30, 2019 from $931,000 at December 31, 2018 due to the addition of two loans newly categorized as special mention as a result of the delinquency of one commercial loan in addition to another loan becoming classified after an annual financial statement review of the borrower was performed during the six months ended June 30, 2019. Real estate loans secured by one-to four family residences rated special mention decreased $494,000 to $0 at June 30, 2019 from $494,000 at December 31, 2018 due to a mortgage loan payoff. Real estate loans secured by one-to four family residences rated substandard decreased $308,000, or 10.7%, to $2.6 million at June 30, 2019 from $2.9 million at December 31, 2018 due to six mortgage loans paying as agreed, partially offset by the delinquency of three additional mortgage loans during the six months ended June 30, 2019. Management has reviewed its loan portfolio and determined that, to the best of its knowledge, no exposure exists to sub-prime or other high-risk residential mortgages. The Company is not in the practice of originating these types of loans. Nonaccrual and Past Due Loans Loans are placed on nonaccrual when the contractual payment of principal and interest has become 90 days past due or management has serious doubts about further collectability of principal or interest, even though the loan may be currently performing. Loans are considered past due if the required principal and interest payments have not been received within thirty days of the payment due date. An age analysis of past due loans, segregated by portfolio segment and class of loans, as of June 30, 2019 and December 31, 2018, are detailed in the following tables: As of June 30, 2019 30-59 Days 60-89 Days Past Due Past Due 90 Days Total Total Loans (In thousands) And Accruing And Accruing and Over Past Due Current Receivable Real estate loans: Secured by one-to-four family residences $ - $ - $ 880 $ 880 $ 217,834 $ 218,714 Secured by multi-family residences - - - - 9,855 9,855 Construction - - - - 4,018 4,018 Commercial - - 248 248 22,972 23,220 Home equity lines of credit - - 143 143 17,105 17,248 Total real estate loans - - 1,271 1,271 271,784 273,055 Commercial & industrial loans 15 10 45 70 7,356 7,426 Other loans - - - - 41 41 Total loans $ 15 $ 10 $ 1,316 $ 1,341 $ 279,181 $ 280,522 As of December 31, 2018 30-59 Days 60-89 Days Past Due Past Due 90 Days Total Total Loans (In thousands) And Accruing And Accruing and Over Past Due Current Receivable Real estate loans: Secured by one-to-four family residences $ 227 $ 349 $ 55 $ 631 $ 220,971 $ 221,602 Secured by multi-family residences - - - - 10,241 10,241 Construction - - - - 4,898 4,898 Commercial 248 - - 248 22,244 22,492 Home equity lines of credit 147 - - 147 16,619 16,766 Total real estate loans 622 349 55 1,026 274,973 275,999 Commercial & industrial loans - - 45 45 7,245 7,290 Other loans - - - - 50 50 Total loans $ 622 $ 349 $ 100 $ 1,071 $ 282,268 $ 283,339 Real estate loans secured by one-to four family residences 30-59 days past due and accruing decreased $227,000 to $0 at June 30, 2019 from $227,000 at December 31, 2018 due to three mortgage loans paying as agreed and one mortgage loan payoff during the six months ended June 30, 2019. Commercial & industrial loans 30-59 days past due and accruing increased $15,000 to $15,000 at June 30, 2019 from $0 at December 31, 2018 due to the delinquency of one commercial & industrial loan during the six months ended June 30, 2019. Real estate loans secured by one-to four family residences 60-89 days past due and accruing decreased $349,000 to $0 at June 30, 2019 from $349,000 at December 31, 2018 due to two mortgage loans paying as agreed during the six months ended June 30, 2019. Commercial & industrial loans 60-89 days past due and accruing increased $10,000 to $10,000 at June 30, 2019 from $0 at December 31, 2018 due to the delinquency of one commercial & industrial loan during the six months ended June 30, 2019. Commercial loans 90 days and over increased $248,000 to $248,000 at June 30, 2019 from $0 at December 31, 2018 due to the delinquency of one commercial loan during the six months ended June 30, 2019. Real estate loans secured by one-to four family residences 90 days and over increased $825,000 to $880,000 at June 30, 2019 from $55,000 at December 31, 2018 due to the delinquency of two mortgage loans during the six months ended June 30, 2019. Home equity lines of credit 90 days and over increased $143,000 to $143,000 at June 30, 2019 from $0 at December 31, 2018 due to the delinquency of one home equity line of credit during the six months ended June 30, 2019. At June 30, 2019, the Bank had three nonaccrual residential mortgage loans for $880,000, one nonaccrual commercial real estate loan for $248,000, one nonaccrual home equity line of credit for $143,000, and one nonaccrual commercial and industrial loan for $45,000. At December 31, 2018, the Company had one nonaccrual residential mortgage loan for $55,000 and one nonaccrual commercial and industrial loan for $45,000. There were no loans that were past due 90 days or more and still accruing interest at June 30, 2019 and December 31, 2018. At June 30, 2019 and December 31, 2018, there were no troubled debt restructurings. The following table summarizes impaired loans information by portfolio class as of and for the six months ended June 30, 2019 and December 31, 2018: As of June 30, 2019 (In thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Recognized With an allowance recorded: Commercial real estate $ 248,000 $ 248,000 $ 145,000 $ 248,000 $ - $ - Commercial & industrial loans 45,000 45,000 30,000 45,000 - - Total loans $ 293,000 $ 293,000 $ 175,000 $ 293,000 $ - $ - As of December 31, 2018 (In thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Recognized With an allowance recorded: Commercial real estate $ - $ - $ - $ - $ - $ - Commercial & industrial loans - - - - - - Total loans $ - $ - $ - $ - $ - $ -

Allowance for Loan Losses and F

Allowance for Loan Losses and Foreclosed Real Estate	6 Months Ended
	Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]
Allowance for Loan Losses and Foreclosed Real Estate	Note 6: Allowance for Loan Losses and Foreclosed Real Estate Summarized in the tables below are changes in the allowance for loan losses for the indicated periods and information pertaining to the allocation of the allowance for loan losses, balances of the allowance for loan losses, loans receivable based on individual, and collective impairment evaluation by loan portfolio class. An allocation of a portion of the allowance to a given portfolio class does not limit the Company’s ability to absorb losses in another portfolio class. For the three months ended June 30, 2019 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 840 $ 75 $ 22 $ 318 $ 102 $ 96 $ 183 $ 1,636 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) (35 ) (1 ) (2 ) 164 3 29 (133 ) 25 Ending balance $ 805 $ 74 $ 20 $ 482 $ 105 $ 125 $ 50 $ 1,661 Ending balance: related to loans individually evaluated for impairment - - - 145 - 30 - 175 Ending balance: related to loans collectively evaluated for impairment $ 805 $ 74 $ 20 $ 337 $ 105 $ 95 $ 50 $ 1,486 Loans receivables: Ending balance $ 218,714 $ 9,855 $ 4,018 $ 23,220 $ 17,248 $ 7,426 $ 41 $ 280,522 Ending balance: related to loans individually evaluated for impairment - - - 248 - 45 - 293 Ending balance: related to loans collectively evaluated for impairment $ 218,714 $ 9,855 $ 4,018 $ 22,972 $ 17,248 $ 7,381 $ 41 $ 280,229 For the three months ended June 30, 2018 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 742 $ 79 $ 42 $ 205 $ 105 $ 53 $ 110 $ 1,336 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) 61 (1 ) (9 ) 6 (2 ) 1 19 75 Ending balance $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans collectively evaluated for impairment $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Loans receivables: Ending balance $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans collectively evaluated for impairment $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 For the six months ended June 30, 2019 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 866 $ 77 $ 24 $ 284 $ 103 $ 97 $ 110 $ 1,561 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) (61 ) (3 ) (4 ) 198 2 28 (60 ) 100 Ending balance $ 805 $ 74 $ 20 $ 482 $ 105 $ 125 $ 50 $ 1,661 Ending balance: related to loans individually evaluated for impairment - - - 145 - 30 - 175 Ending balance: related to loans collectively evaluated for impairment $ 805 $ 74 $ 20 $ 337 $ 105 $ 95 $ 50 $ 1,486 Loans receivables: Ending balance $ 218,714 $ 9,855 $ 4,018 $ 23,220 $ 17,248 $ 7,426 $ 41 $ 280,522 Ending balance: related to loans individually evaluated for impairment - - - 248 - 45 - 293 Ending balance: related to loans collectively evaluated for impairment $ 218,714 $ 9,855 $ 4,018 $ 22,972 $ 17,248 $ 7,381 $ 41 $ 280,229 For the six months ended June 30, 2018 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 816 $ 80 $ 54 $ 148 $ 107 $ 47 $ 9 $ 1,261 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) (13 ) (2 ) (21 ) 63 (4 ) 7 120 150 Ending balance $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans collectively evaluated for impairment $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Loans receivables: Ending balance $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans individually evaluated for impairment $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 The Company had no foreclosed real estate at June 30, 2019 or December 31, 2018. At June 30, 2019, the Company had one commercial real estate loan for $248,000 and one residential real estate loan for $55,000 in the process of foreclosure and at December 31, 2018, the Company had one residential real estate loan for $55,000 in the process of foreclosure.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 7: Fair Value Measurements Accounting guidance related to fair value measurements and disclosures specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. These two types of inputs have created the following fair value hierarchy: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3 – Model-derived valuations in which one or more significant inputs or significant value drivers are unobservable. An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs, minimize the use of unobservable inputs, to the extent possible, and considers counterparty credit risk in its assessment of fair value. The following tables summarize assets measured at fair value on a recurring basis as of the indicated dates, segregated by the level of valuation inputs within the hierarchy utilized to measure fair value: June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Available-for-sale portfolio U.S. Government and agency obligations $ - $ 13,583 $ - $ 13,583 Mortgage-backed securities – residential - 4,865 - 4,865 Total available-for-sale securities $ - $ 18,448 $ - $ 18,448 December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Available-for-sale portfolio U.S. Government and agency obligations $ - $ 12,455 $ - $ 12,455 Mortgage-backed securities – residential - 5,876 - 5,876 Total available-for-sale securities $ - $ 18,331 $ - $ 18,331 The Company had the following assets measured at fair value on a nonrecurring basis as of June 30, 2019 and December 31, 2018: June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Impaired loans $ - $ - $ 118 $ 118 December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Impaired loans $ - $ - $ - $ - The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Level 3 inputs were used to determine fair value at the indicated date: Quantitative Information about Level 3 Fair Value Measurements At June 30, 2019 Valuation Techniques Unobservable Input Range (Weighted Avg.) Impaired loans Appraisal of collateral Appraisal Adjustments 23.6% (Sales Approach) Costs to Sell 14.1% - 50.7% (28.6%) There have been no transfers of assets into or out of any fair value measurement level during the six months ended June 30, 2019. Required disclosures include fair value information of financial instruments, whether or not recognized in the consolidated balance sheets, for which it is practicable to estimate that value. In cases where 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 estimates 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 instrument. The Company has various processes and controls in place to ensure that fair value is reasonably estimated. The Company performs due diligence procedures over third-party pricing service providers in order to support their use in the valuation process. While the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sale transaction on the dates indicated. The estimated fair value amounts have been measured as of their respective period-ends, and have not been re-evaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each period-end. FASB ASC Topic 820 for Fair Value Measurements and Disclosures, the financial assets and liabilities were valued at a price that represents the Company’s exit price or the price at which these instruments would be sold or transferred. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The Company, in estimating its fair value disclosures for financial instruments, used the following methods and assumptions: Cash, Due from Banks, and Interest Earning Demand Deposits The carrying amounts of these assets approximate their fair values. Investment Securities The fair value of securities available for sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather relying on the securities’ relationship to other benchmark quoted prices and is considered to be a Level 2 measurement. Investment in Restricted Stock The carrying value of restricted stock, which consists of Federal Home Loan Bank and Atlantic Community Bankers Bank, approximates its fair value based on the redemption provisions of the restricted stock, resulting in a Level 2 classification. Loans The fair values of loans, held in portfolio are estimated using discounted cash flow analyses. The discount rate considers a market participant’s cost of funds, liquidity premiums, capital charges, servicing charges, and expectations of future rate movements (for variable rate loans), resulting in a Level 3 classification. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal, and adjusted for potential defaulted loans. Loans held for sale in the secondary market are carried at the lower of cost or fair value, resulting in a Level 2 classification. Separate determinations of fair value for residential and commercial loans are made on an aggregate basis. Fair value is determined based solely on the effect of changes in secondary market interest rates and yield requirements from the commitment date to the date of the consolidated financial statements. Impaired Loans The fair value of impaired loans with specific allocations of the allowance for loan losses is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available for similar loans and collateral underlying such loans. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted in accordance with the allowance policy. Accrued Interest Receivable and Payable The carrying amount of accrued interest receivable and payable approximates fair value. Deposits The fair values disclosed for demand deposits (e.g., NOW accounts, non-interest checking, regular savings and certain types of money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts), resulting in a Level 1 classification. The carrying amounts for variable-rate certificates of deposit approximate their fair values at the reporting date, resulting in a Level 1 classification. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies market interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits, resulting in a Level 2 classification. Borrowings The fair values of FHLB long-term borrowings are estimated using discounted cash flow analyses, based on the quoted rates for new FHLB advances with similar credit risk characteristics, terms and remaining maturity, resulting in a Level 2 classification. The carrying amounts and fair values of the Company’s financial instruments as of the indicated dates are presented in the following table: June 30, 2019 December 31, 2018 Fair Value Carrying Estimated Carrying Estimated (In thousands) Hierarchy Amounts Fair Values Amounts Fair Values Financial assets: Cash and due from banks 1 $ 1,776 $ 1,776 $ 1,581 $ 1,581 Interest earning demand deposits 1 5,309 5,309 4,710 4,710 Securities - available-for-sale 2 18,448 18,448 18,331 18,331 Securities - held-to-maturity 2 6,026 6,140 6,052 6,030 Investment in restricted stock 2 3,077 3,077 3,637 3,637 Loans held for sale 2 1,175 1,175 2,133 2,133 Loans, net 3 278,811 285,604 281,741 280,173 Accrued interest receivable 1 985 985 876 876 Financial liabilities: Demand deposits, savings, NOW and MMDA 1 99,411 99,411 98,681 98,681 Time deposits 2 133,061 133,191 123,934 124,182 Borrowings 2 58,842 59,145 71,826 71,086 Accrued interest payable 1 129 129 168 168

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2019
Comprehensive Income Loss Note [Abstract]
Accumulated Other Comprehensive Income Loss	Note 8: Accumulated Other Comprehensive Loss Changes in the components of accumulated other comprehensive loss, net of tax, for the periods indicated are summarized in the table below. For the three months ended June 30, 2019 (In thousands) Unrealized Gains (Losses) on Total Beginning balance $ (114 ) $ (114 ) Other comprehensive income 73 73 Ending balance $ (41 ) $ (41 ) For the three months ended June 30, 2018 (In thousands) Unrealized Losses on Available- Total Beginning balance $ (257 ) $ (257 ) Other comprehensive loss (5 ) (5 ) Ending balance $ (262 ) $ (262 ) For the six months ended June 30, 2019 (In thousands) Unrealized Gains and Losses on Total Beginning balance $ (183 ) $ (183 ) Other comprehensive income 142 142 Ending balance $ (41 ) $ (41 ) For the six months ended June 30, 2018 (In thousands) Unrealized Gains and Losses on Total Beginning balance $ (165 ) $ (165 ) Other comprehensive loss (97 ) (97 ) Ending balance $ (262 ) $ (262 )

Other Income

Other Income	6 Months Ended
	Jun. 30, 2019
Noninterest Income, Other [Abstract]
Other Income	Note 9: Other Income The Company has included the following table regarding the Company’s other income for the periods presented. All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within Other Income. The following tables present the Company’s sources of Other Income for the three and six months ended June 30, 2019 and 2018. Items outside the scope of ASC 606 are noted as such. For the three For the three months ended months ended (In thousands) June 30, 2019 June 30, 2018 Service fees Deposit related fees $ 16 $ 16 Insufficient funds fee 18 21 Total service fees 34 37 Fee income Securities commission income 2 9 Insurance commission income 4 25 Total insurance and securities commission income 6 34 Card income Debit card interchange fee income 37 36 ATM fees 8 8 Total card income 45 44 Mortgage fee income and realized gain on sales of loans* Residential mortgage loan origination fees 48 87 Commercial loan fees 9 24 Loan servicing income 75 85 Realized gain on sales of residential mortgage loans 172 289 Total mortgage fee income and realized gain on sales of loans 304 485 Bank owned life insurance 15 15 Total non-interest income $ 404 $ 615 *Outside scope of ASC 606 For the six months ended For the six months ended (In thousands) June 30, 2019 June 30, 2018 Service fees Deposit related fees $ 31 $ 27 Insufficient funds fee 35 42 Total service fees 66 69 Fee income Securities commission income 4 27 Insurance commission income 6 46 Total insurance and securities commission income 10 73 Card income Debit card interchange fee income 65 71 ATM fees 15 15 Total card income 80 86 Mortgage fee income and realized gain on sales of loans* Residential mortgage loan origination fees 90 168 Commercial loan fees 29 32 Loan servicing income 151 170 Realized gain on sales of residential mortgage loans 342 590 Realized gain on sale of SBA loan - 47 Total mortgage fee income and realized gain on sales of loans 612 1,007 Bank owned life insurance 30 30 Other miscellaneous income - 18 Total non-interest income $ 798 $ 1,283 *Outside scope of ASC 606 The Company recognizes revenue as it is earned. The following is a discussion of key revenues within the scope of the new revenue guidance: · Service fees – · Fee income – · Card income – · Mortgage fee income and realized gain on sales of loans –

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Note 10: Stock-Based Compensation A summary of the Company’s stock option activity and related information for its option plans for the six months ended June 30, 2019 and 2018 is as follows: For the six months Options Weighted Average Outstanding at beginning of year 172,080 $ 16.82 Grants - - Exercised - - Outstanding at quarter end 172,080 $ 16.82 Exercisable at quarter end 33,416 $ 16.79 For the six months Options Weighted Average Outstanding at beginning of year 152,080 $ 16.72 Grants 15,000 17.52 Exercised - - Outstanding at quarter end 167,080 $ 16.79 Exercisable at quarter end - $ - The grants to senior management and directors vest over a five year period in equal annual installments, with the first installment vesting on the first anniversary date of the grant and succeeding installments on each anniversary thereafter, through 2023. The compensation expense of the awards is based on the fair value of the instruments on the date of grant. The Company recorded compensation expense in the amount of $76,000 for the three months ended June 30, 2019 and $152,000 for the six months ended June 30, 2019. The Company recorded compensation expense in the amount of $76,000 for the three months ended June 30, 2018 and $152,000 for the six months ended June 30, 2018.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	Note 11: Leases The Company occupies certain banking and mortgage origination offices under noncancelable operating lease agreements which were not reflected on the consolidated balance sheet at December 31, 2018. Upon adoption of ASC Topic 842, Leases, on January 1, 2019, the Company recorded an asset of $2.3 million and a corresponding liability in the amount of $2.6 million, included in other liabilities on the consolidated balance sheets, as a result of recognizing right-of-use assets and lease liabilities on the consolidated balance sheet. The Company elected to adopt the transition relief under ASC Topic 842 using the modified retrospective transition method. All lease agreements are accounted for as operating leases. The Company has no unamortized initial direct costs related to the establishment of these lease agreements as of January 1, 2019. We have elected the available practical expedients and implemented internal controls and key system functionality to enable the preparation of financial information on adoption. Our leases have remaining lease terms that vary from less than one year up to 12 years, some of which include options to extend the leases for various renewal periods. All options to renew are included in the current lease term when we believe it is reasonably certain that the renewal options will be exercised. The components of the lease expense are as follows: For the three months ended June 30, (In thousands) 2019 Operating lease cost $ 97 Short-term lease cost 18 Total $ 115 For the six months ended June 30, (In thousands) 2019 Operating lease cost $ 194 Short-term lease cost 35 Total $ 229 Supplemental cash flow information related to leases was as follows: For the six months ended June 30, (In thousands) 2019 Cash paid for amount included in the measurement of lease liabilities: Operating cash flows from operating leases $ 193 Supplemental consolidated balance sheet information related to leases was as follows: For the six months ended June 30, (In thousands, except lease term and discount rate) 2019 Operating Leases Operating lease right-of-use assets $ 2,275 Operating lease liabilities $ 2,477 Weighted Average Remaining Lease Term Operating Leases 8.9 years Weighted Average Discount Rate Operating Leases 3.52 % Maturities of lease liabilities were as follows: Year Ending December 31, (In thousands) 2019 $ 155 2020 318 2021 313 2022 252 2023 194 Thereafter 1,245 Total minimum lease payments $ 2,477

Accounting Policy (Policies)

Accounting Policy (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of FSB Bancorp, Inc. (“FSB Bancorp”), Fairport Savings Bank (the “Bank”), and its other wholly-owned subsidiary, Fairport Wealth Management (collectively, the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information, the instructions for Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes necessary for a complete presentation of consolidated financial condition, results of operations and cash flows in conformity with generally accepted accounting principles. In the opinion of management, all adjustments, consisting of normal recurring accruals considered necessary for a fair presentation, have been included. The results are not necessarily indicative of the results that may be expected for the year ending December 31, 2019 or for any future period. The Company's consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States and follow practices within the banking industry. Application of these principles requires management to make estimates, assumptions, and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates, assumptions, and judgments are based on information available as of the date of the consolidated financial statements; accordingly, as this information changes, the consolidated financial statements could reflect different estimates, assumptions, and judgments. Certain policies inherently have a greater reliance on the use of estimates, assumptions, and judgments and as such have a greater possibility of producing results that could be materially different than originally reported. Estimates, assumptions, and judgments are necessary when assets and liabilities are required to be recorded at fair value or when an asset or liability needs to be recorded contingent upon a future event. Carrying assets and liabilities at fair value inherently results in more consolidated financial statement volatility. The fair values and information used to record valuation adjustments for certain assets and liabilities are based on quoted market prices or are provided by other third-party sources, when available. When third party information is not available, valuation adjustments are estimated in good faith by management.
New Accounting Pronouncements	New Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). This new guidance supersedes the lease requirements in Topic 840, Leases and is based on the principle that a lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. The accounting applied by a lessor is largely unchanged from that applied under the previous guidance. In addition, the guidance requires an entity to separate the lease components from the nonlease components in a contract. The ASU requires disclosures about the amount, timing, and judgments related to a reporting entity's accounting for leases and related cash flows. The standard is required to be applied to all leases in existence as of the date of adoption using a modified retrospective transition approach. This guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted for all companies in any interim or annual period. The Company adopted this ASU on January 1, 2019 and has recognized lease liabilities and right-of-use assets associated with these lease agreements. The new guidance requires lessees to record a right-of-use asset and a lease liability for all leases with a term greater than 12 months. While the guidance requires all leases to be recognized in the balance sheet, there continues to be a differentiation between finance leases and operating leases for purposes of income statement recognition and cash flow statement presentation. For finance leases, interest on the lease liability and amortization of the right-of-use asset will be recognized separately in the consolidated statement of income. Repayments of principal on those lease liabilities will be classified within financing activities and payments of interest on the lease liability will be classified within operating activities in the statement of cash flows. For operating leases, a single lease cost is recognized in the consolidated statement of income and allocated over the lease term, generally on a straight-line basis. All cash payments are presented within operating activities in the statement of cash flows. The accounting applied by lessors is largely unchanged from existing GAAP, however, the guidance eliminates the accounting model for leveraged leases for leases that commence after the effective date of the guidance. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326). This new guidance significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. This ASU will replace the "incurred loss" model under existing guidance with an "expected loss" model for instruments measured at amortized cost, and require entities to record allowances for available-for-sale debt securities rather than reduce the carrying amount, as they do today under the other-than-temporary impairment model. This ASU also simplifies the accounting model for purchased credit-impaired debt securities and loans. This guidance requires adoption through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. This ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for all companies as of fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact the guidance will have on the Company's consolidated financial statements, and expects an increase in the allowance for credit losses resulting from the change to expected losses for the estimated life of the financial asset, including an allowance for debt securities. The amount of the increase in the allowance for credit losses resulting from the new guidance will be impacted by the portfolio composition and asset quality at the adoption date, as well as economic conditions and forecasts at the time of adoption. The Company is currently running a second model concurrently in 2019 and does not anticipate a material impact to the consolidated financial statements. In July 2019, the FASB decided to add a project to its technical agenda to propose staggered effective dates for certain accounting standards, including ASU 2016-13. The FASB has proposed an approach that ASU 2016-13 will be effective for Public Business Entities that are SEC filers, excluding smaller reporting companies such as the Company, for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. For all other entities, including smaller reporting companies like the Company, ASU 2016-13 will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For all entities, early adoption will continue to be permitted; that is, early adoption is allowed for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years (that is, effective January 1, 2019, for calendar-year-end companies). The FASB is currently in the process of drafting a proposed ASU for this project to be voted upon by FASB members after a 30 day comment period. The Company is currently a smaller reporting company, and if this proposal is approved and becomes effective, the Company’s expected adoption date for ASU 2016-13 would change from fiscal years beginning after December 15, 2019 to fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. In March 2017, the FASB issued an Update (ASU 2017-08) to its guidance on “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20) related to premium amortization on purchased callable debt securities. The amendments in this update shorten the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. For public companies, the amendments in this update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity should apply the amendments in this update on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. Additionally, in the period of adoption, an entity should provide disclosure about a change in accounting principle. The adoption of this guidance did not have a material impact on our consolidated results of operations or financial position. In August 2018, the FASB has issued Accounting Standards Update (ASU) No. 2018-15, Intangibles—Goodwill and Other—Internal Use Software (Subtopic 350-40) Following the issuance of ASU No. 2015-05, constituents requested that the FASB provide additional guidance on the accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract. Accordingly, because U.S. GAAP do not contain explicit guidance on accounting for such costs, and to address the resulting diversity in practice, the FASB has issued ASU No. 2018-15 to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). Note that the guidance on accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in ASU No. 2018-15. The amended guidance is effective for fiscal years beginning after December 15, 2019 (i.e., calendar-year 2020), and for interim periods within those fiscal years.

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per share	Three months ended June 30, (In thousands, except per share data) 2019 2018 Basic and Diluted Earnings (Loss) Per Common Share Net income (loss) available to common stockholders $ (48 ) $ 68 Weighted average basic common shares outstanding 1,860 1,909 Weighted average diluted common shares outstanding 1,860 1,909 Earnings (loss) per common share – basic and diluted $ (0.03 ) $ 0.04 Six months ended June 30, (In thousands, except per share data) 2019 2018 Basic and Diluted Earnings (Loss) Per Common Share Net income (loss) available to common stockholders $ (39 ) $ 142 Weighted average basic common shares outstanding 1,857 1,908 Weighted average diluted common shares outstanding 1,857 1,908 Earnings (loss) per common share – basic and diluted $ (0.02 ) $ 0.07

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair value of securities	June 30, 2019 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available-for-Sale Portfolio U.S. Government and agency obligations $ 13,610 $ 1 $ (28 ) $ 13,583 Mortgage-backed securities – residential 4,890 22 (47 ) 4,865 Total available-for-sale $ 18,500 $ 23 $ (75 ) $ 18,448 Held-to-Maturity Portfolio Mortgage-backed securities – residential $ 443 $ 7 $ - $ 450 State and municipal securities 5,583 108 (1 ) 5,690 Total held-to-maturity $ 6,026 $ 115 $ (1 ) $ 6,140 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available-for-Sale Portfolio U.S. Government and agency obligations $ 12,610 $ 7 $ (162 ) $ 12,455 Mortgage-backed securities – residential 5,953 24 (101 ) 5,876 Total available-for-sale $ 18,563 $ 31 $ (263 ) $ 18,331 Held-to-Maturity Portfolio Mortgage-backed securities – residential $ 458 $ 6 $ (1 ) $ 463 State and municipal securities 5,594 29 (56 ) 5,567 Total held-to-maturity $ 6,052 $ 35 $ (57 ) $ 6,030
Schedule of amortized cost and estimated fair value by contractual maturity of debt securities	Available-for-Sale Held-to-Maturity Amortized Amortized (In thousands) Cost Fair Value Cost Fair Value Due in one year or less $ - $ - $ 1,565 $ 1,568 Due after one year through five years 12,610 12,582 2,360 2,386 Due after five years through ten years - - 1,658 1,736 Due after ten years 1,000 1,001 - - Sub-total $ 13,610 $ 13,583 $ 5,583 $ 5,690 Mortgage-backed securities – residential 4,890 4,865 443 450 Totals $ 18,500 $ 18,448 $ 6,026 $ 6,140
Schedule of continuous unrealized loss position for investment securities	June 30, 2019 Less than Twelve Months Twelve Months or More Total Number of Number of Number of Individual Unrealized Fair Individual Unrealized Fair Individual Unrealized Fair (Dollars in thousands) Securities Losses Value Securities Losses Value Securities Losses Value Available-for-Sale U.S. Government and agency obligations - $ - $ - 6 $ 28 $ 7,578 6 $ 28 $ 7,578 Mortgage-backed securities - residential 1 1 141 4 46 3,332 5 47 3,473 Totals 1 $ 1 $ 141 10 $ 74 $ 10,910 11 $ 75 $ 11,051 Held-to-Maturity Mortgage-backed securities – residential (1) - $ - $ - 1 $ - $ 162 1 $ - $ 162 State and municipal securities - - - 3 1 982 3 1 982 Totals - $ - $ - 4 $ 1 $ 1,144 4 $ 1 $ 1,144 December 31, 2018 Less than Twelve Months Twelve Months or More Total Number of Number of Number of Individual Unrealized Fair Individual Unrealized Fair Individual Unrealized Fair (Dollars in thousands) Securities Losses Value Securities Losses Value Securities Losses Value Available-for-Sale U.S. Government and agency obligations - $ - $ - 8 $ 162 $ 9,445 8 $ 162 $ 9,445 Mortgage-backed securities – residential (1) 1 - 203 4 101 3,749 5 101 3,952 Totals 1 $ - $ 203 12 $ 263 $ 13,194 13 $ 263 $ 13,397 Held-to-Maturity Mortgage-backed securities – residential - $ - $ - 1 $ 1 $ 165 1 $ 1 $ 165 State and municipal securities 3 4 1,039 15 52 3,021 18 56 4,060 Totals 3 $ 4 $ 1,039 16 $ 53 $ 3,186 19 $ 57 $ 4,225 (1)

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]
Schedule of net loans	June 30, December 31, (In thousands) 2019 2018 Real estate loans: Secured by one-to-four family residences $ 218,714 $ 221,602 Secured by multi-family residences 9,855 10,241 Construction 4,018 4,898 Commercial real estate 23,220 22,492 Home equity lines of credit 17,248 16,766 Total real estate loans 273,055 275,999 Commercial and industrial loans 7,426 7,290 Other loans 41 50 Total loans 280,522 283,339 Net deferred loan origination fees (50 ) (37 ) Less allowance for loan losses (1,661 ) (1,561 ) Loans receivable, net $ 278,811 $ 281,741
Schedule of risk category of loans by class	As of June 30, 2019 Special (In thousands) Pass Mention Substandard Doubtful Total Real estate loans: Secured by one-to-four family residences $ 216,136 $ - $ 2,578 $ - $ 218,714 Secured by multi-family residences 9,855 - - - 9,855 Construction 4,018 - - - 4,018 Commercial real estate 20,399 2,573 248 - 23,220 Home equity lines of credit 17,054 - 194 - 17,248 Total real estate loans 267,462 2,573 3,020 - 273,055 Commercial & industrial loans 7,381 - 45 - 7,426 Other loans 41 - - - 41 Total loans $ 274,884 $ 2,573 $ 3,065 $ - $ 280,522 As of December 31, 2018 Special (In thousands) Pass Mention Substandard Doubtful Total Real estate loans: Secured by one-to-four family residences $ 218,222 $ 494 $ 2,886 $ - $ 221,602 Secured by multi-family residences 10,241 - - - 10,241 Construction 4,898 - - - 4,898 Commercial real estate 21,313 931 248 - 22,492 Home equity lines of credit 16,565 - 201 - 16,766 Total real estate loans 271,239 1,425 3,335 - 275,999 Commercial & industrial loans 7,245 - 45 - 7,290 Other loans 50 - - - 50 Total loans $ 278,534 $ 1,425 $ 3,380 $ - $ 283,339
Schedule of age of the loan delinquencies by type and by amount past due	As of June 30, 2019 30-59 Days 60-89 Days Past Due Past Due 90 Days Total Total Loans (In thousands) And Accruing And Accruing and Over Past Due Current Receivable Real estate loans: Secured by one-to-four family residences $ - $ - $ 880 $ 880 $ 217,834 $ 218,714 Secured by multi-family residences - - - - 9,855 9,855 Construction - - - - 4,018 4,018 Commercial - - 248 248 22,972 23,220 Home equity lines of credit - - 143 143 17,105 17,248 Total real estate loans - - 1,271 1,271 271,784 273,055 Commercial & industrial loans 15 10 45 70 7,356 7,426 Other loans - - - - 41 41 Total loans $ 15 $ 10 $ 1,316 $ 1,341 $ 279,181 $ 280,522 As of December 31, 2018 30-59 Days 60-89 Days Past Due Past Due 90 Days Total Total Loans (In thousands) And Accruing And Accruing and Over Past Due Current Receivable Real estate loans: Secured by one-to-four family residences $ 227 $ 349 $ 55 $ 631 $ 220,971 $ 221,602 Secured by multi-family residences - - - - 10,241 10,241 Construction - - - - 4,898 4,898 Commercial 248 - - 248 22,244 22,492 Home equity lines of credit 147 - - 147 16,619 16,766 Total real estate loans 622 349 55 1,026 274,973 275,999 Commercial & industrial loans - - 45 45 7,245 7,290 Other loans - - - - 50 50 Total loans $ 622 $ 349 $ 100 $ 1,071 $ 282,268 $ 283,339
Schedule of impaired loans by portfolio segment	As of June 30, 2019 (In thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Recognized With an allowance recorded: Commercial real estate $ 248,000 $ 248,000 $ 145,000 $ 248,000 $ - $ - Commercial & industrial loans 45,000 45,000 30,000 45,000 - - Total loans $ 293,000 $ 293,000 $ 175,000 $ 293,000 $ - $ - As of December 31, 2018 (In thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Recognized With an allowance recorded: Commercial real estate $ - $ - $ - $ - $ - $ - Commercial & industrial loans - - - - - - Total loans $ - $ - $ - $ - $ - $ -

Allowance for Loan Losses and_2

Allowance for Loan Losses and Foreclosed Real Estate (Tables)	6 Months Ended
	Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]
Schedule of changes in the allowance for loan losses	For the three months ended June 30, 2019 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 840 $ 75 $ 22 $ 318 $ 102 $ 96 $ 183 $ 1,636 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) (35 ) (1 ) (2 ) 164 3 29 (133 ) 25 Ending balance $ 805 $ 74 $ 20 $ 482 $ 105 $ 125 $ 50 $ 1,661 Ending balance: related to loans individually evaluated for impairment - - - 145 - 30 - 175 Ending balance: related to loans collectively evaluated for impairment $ 805 $ 74 $ 20 $ 337 $ 105 $ 95 $ 50 $ 1,486 Loans receivables: Ending balance $ 218,714 $ 9,855 $ 4,018 $ 23,220 $ 17,248 $ 7,426 $ 41 $ 280,522 Ending balance: related to loans individually evaluated for impairment - - - 248 - 45 - 293 Ending balance: related to loans collectively evaluated for impairment $ 218,714 $ 9,855 $ 4,018 $ 22,972 $ 17,248 $ 7,381 $ 41 $ 280,229 For the three months ended June 30, 2018 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 742 $ 79 $ 42 $ 205 $ 105 $ 53 $ 110 $ 1,336 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) 61 (1 ) (9 ) 6 (2 ) 1 19 75 Ending balance $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans collectively evaluated for impairment $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Loans receivables: Ending balance $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans collectively evaluated for impairment $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 For the six months ended June 30, 2019 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 866 $ 77 $ 24 $ 284 $ 103 $ 97 $ 110 $ 1,561 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) (61 ) (3 ) (4 ) 198 2 28 (60 ) 100 Ending balance $ 805 $ 74 $ 20 $ 482 $ 105 $ 125 $ 50 $ 1,661 Ending balance: related to loans individually evaluated for impairment - - - 145 - 30 - 175 Ending balance: related to loans collectively evaluated for impairment $ 805 $ 74 $ 20 $ 337 $ 105 $ 95 $ 50 $ 1,486 Loans receivables: Ending balance $ 218,714 $ 9,855 $ 4,018 $ 23,220 $ 17,248 $ 7,426 $ 41 $ 280,522 Ending balance: related to loans individually evaluated for impairment - - - 248 - 45 - 293 Ending balance: related to loans collectively evaluated for impairment $ 218,714 $ 9,855 $ 4,018 $ 22,972 $ 17,248 $ 7,381 $ 41 $ 280,229 For the six months ended June 30, 2018 Secured by Secured by one-to-four multi-family Home equity family residences residences Construction Commercial lines of credit Commercial Other/ (In thousands) real estate loans real estate loans real estate loans real estate loans real estate loans & industrial Unallocated Total Allowance for loan losses: Beginning Balance $ 816 $ 80 $ 54 $ 148 $ 107 $ 47 $ 9 $ 1,261 Charge-offs - - - - - - - - Recoveries - - - - - - - - Provisions (Credits) (13 ) (2 ) (21 ) 63 (4 ) 7 120 150 Ending balance $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans collectively evaluated for impairment $ 803 $ 78 $ 33 $ 211 $ 103 $ 54 $ 129 $ 1,411 Loans receivables: Ending balance $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016 Ending balance: related to loans individually evaluated for impairment - - - - - - - - Ending balance: related to loans individually evaluated for impairment $ 217,157 $ 10,440 $ 6,530 $ 17,046 $ 16,528 $ 4,260 $ 55 $ 272,016

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on a recurring basis	June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Available-for-sale portfolio U.S. Government and agency obligations $ - $ 13,583 $ - $ 13,583 Mortgage-backed securities – residential - 4,865 - 4,865 Total available-for-sale securities $ - $ 18,448 $ - $ 18,448 December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Available-for-sale portfolio U.S. Government and agency obligations $ - $ 12,455 $ - $ 12,455 Mortgage-backed securities – residential - 5,876 - 5,876 Total available-for-sale securities $ - $ 18,331 $ - $ 18,331
Schedule of assets measured at fair value on a nonrecurring basis	June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Impaired loans $ - $ - $ 118 $ 118 December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total Fair Value Impaired loans $ - $ - $ - $ -
Schedule of additional quantitative information of assets measured at fair value on a nonrecurring basis	Quantitative Information about Level 3 Fair Value Measurements At June 30, 2019 Valuation Techniques Unobservable Input Range (Weighted Avg.) Impaired loans Appraisal of collateral Appraisal Adjustments 23.6% (Sales Approach) Costs to Sell 14.1% - 50.7% (28.6%)
Schedule of carrying amounts and estimated fair values of the financial instruments	June 30, 2019 December 31, 2018 Fair Value Carrying Estimated Carrying Estimated (In thousands) Hierarchy Amounts Fair Values Amounts Fair Values Financial assets: Cash and due from banks 1 $ 1,776 $ 1,776 $ 1,581 $ 1,581 Interest earning demand deposits 1 5,309 5,309 4,710 4,710 Securities - available-for-sale 2 18,448 18,448 18,331 18,331 Securities - held-to-maturity 2 6,026 6,140 6,052 6,030 Investment in restricted stock 2 3,077 3,077 3,637 3,637 Loans held for sale 2 1,175 1,175 2,133 2,133 Loans, net 3 278,811 285,604 281,741 280,173 Accrued interest receivable 1 985 985 876 876 Financial liabilities: Demand deposits, savings, NOW and MMDA 1 99,411 99,411 98,681 98,681 Time deposits 2 133,061 133,191 123,934 124,182 Borrowings 2 58,842 59,145 71,826 71,086 Accrued interest payable 1 129 129 168 168

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2019
Comprehensive Income Loss Note [Abstract]
Schedule of accumulated other comprehensive income (loss)	For the three months ended June 30, 2019 (In thousands) Unrealized Gains (Losses) on Total Beginning balance $ (114 ) $ (114 ) Other comprehensive income 73 73 Ending balance $ (41 ) $ (41 ) For the three months ended June 30, 2018 (In thousands) Unrealized Losses on Available- Total Beginning balance $ (257 ) $ (257 ) Other comprehensive loss (5 ) (5 ) Ending balance $ (262 ) $ (262 ) For the six months ended June 30, 2019 (In thousands) Unrealized Gains and Losses on Total Beginning balance $ (183 ) $ (183 ) Other comprehensive income 142 142 Ending balance $ (41 ) $ (41 ) For the six months ended June 30, 2018 (In thousands) Unrealized Gains and Losses on Total Beginning balance $ (165 ) $ (165 ) Other comprehensive loss (97 ) (97 ) Ending balance $ (262 ) $ (262 )

Other Income (Tables)

Other Income (Tables)	6 Months Ended
	Jun. 30, 2019
Other Income and Expenses [Abstract]
Schedule of other income	For the three For the three months ended months ended (In thousands) June 30, 2019 June 30, 2018 Service fees Deposit related fees $ 16 $ 16 Insufficient funds fee 18 21 Total service fees 34 37 Fee income Securities commission income 2 9 Insurance commission income 4 25 Total insurance and securities commission income 6 34 Card income Debit card interchange fee income 37 36 ATM fees 8 8 Total card income 45 44 Mortgage fee income and realized gain on sales of loans* Residential mortgage loan origination fees 48 87 Commercial loan fees 9 24 Loan servicing income 75 85 Realized gain on sales of residential mortgage loans 172 289 Total mortgage fee income and realized gain on sales of loans 304 485 Bank owned life insurance 15 15 Total non-interest income $ 404 $ 615 *Outside scope of ASC 606 For the six months ended For the six months ended (In thousands) June 30, 2019 June 30, 2018 Service fees Deposit related fees $ 31 $ 27 Insufficient funds fee 35 42 Total service fees 66 69 Fee income Securities commission income 4 27 Insurance commission income 6 46 Total insurance and securities commission income 10 73 Card income Debit card interchange fee income 65 71 ATM fees 15 15 Total card income 80 86 Mortgage fee income and realized gain on sales of loans* Residential mortgage loan origination fees 90 168 Commercial loan fees 29 32 Loan servicing income 151 170 Realized gain on sales of residential mortgage loans 342 590 Realized gain on sale of SBA loan - 47 Total mortgage fee income and realized gain on sales of loans 612 1,007 Bank owned life insurance 30 30 Other miscellaneous income - 18 Total non-interest income $ 798 $ 1,283 *Outside scope of ASC 606

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of stock option activity	For the six months Options Weighted Average Outstanding at beginning of year 172,080 $ 16.82 Grants - - Exercised - - Outstanding at quarter end 172,080 $ 16.82 Exercisable at quarter end 33,416 $ 16.79 For the six months Options Weighted Average Outstanding at beginning of year 152,080 $ 16.72 Grants 15,000 17.52 Exercised - - Outstanding at quarter end 167,080 $ 16.79 Exercisable at quarter end - $ -

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Schedule of components of the lease expense	For the three months ended June 30, (In thousands) 2019 Operating lease cost $ 97 Short-term lease cost 18 Total $ 115 For the six months ended June 30, (In thousands) 2019 Operating lease cost $ 194 Short-term lease cost 35 Total $ 229
Schedule of supplemental cash flow and balance sheet information related to leases	For the six months ended June 30, (In thousands) 2019 Cash paid for amount included in the measurement of lease liabilities: Operating cash flows from operating leases $ 193 For the six months ended June 30, (In thousands, except lease term and discount rate) 2019 Operating Leases Operating lease right-of-use assets $ 2,275 Operating lease liabilities $ 2,477 Weighted Average Remaining Lease Term Operating Leases 8.9 years Weighted Average Discount Rate Operating Leases 3.52 %
Schedule of maturities of lease liabilities	Year Ending December 31, (In thousands) 2019 $ 155 2020 318 2021 313 2022 252 2023 194 Thereafter 1,245 Total minimum lease payments $ 2,477

Earnings per Common Share (Deta

Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Basic and Diluted Earnings (Loss) Per Common Share
Net income (loss) available to common stockholders	$ (48)	$ 68	$ (39)	$ 142
Weighted average basic common shares outstanding	1,860	1,909	1,857	1,908
Weighted average diluted common shares outstanding	1,860	1,909	1,857	1,908
Earnings (loss) per common share - basic and diluted (in dollars per share)	$ (0.03)	$ 0.04	$ (0.02)	$ 0.07

Earnings per Common Share (De_2

Earnings per Common Share (Detail Textuals) - shares	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Stock options grants to senior management and directors	0	15,000
Restricted stock grants to senior management and directors		6,400
Grant vesting period		5 years

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 18,500	$ 18,563
Gross Unrealized Gains	23	31
Gross unrealized Losses	(75)	(263)
Fair Value	18,448	18,331
U.S. Government and agency obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	13,610	12,610
Gross Unrealized Gains	1	7
Gross unrealized Losses	(28)	(162)
Fair Value	13,583	12,455
Mortgage-backed securities - residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,890	5,953
Gross Unrealized Gains	22	24
Gross unrealized Losses	(47)	(101)
Fair Value	$ 4,865	$ 5,876

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 6,026	$ 6,052
Gross Unrealized Gains	115	35
Gross unrealized Losses	(1)	(57)
Fair Value	6,140	6,030
Mortgage-backed securities - residential
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	443	458
Gross Unrealized Gains	7	6
Gross unrealized Losses	0	(1)
Fair Value	450	463
State and municipal securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	5,583	5,594
Gross Unrealized Gains	108	29
Gross unrealized Losses	(1)	(56)
Fair Value	$ 5,690	$ 5,567

Investment Securities (Detail_2

Investment Securities (Details 2) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Available-for-Sale Amortized Cost
Due in one year or less	$ 0
Due after one year through five years	12,610
Due after five years through ten years	0
Due after ten years	1,000
Sub-total	13,610
Totals	18,500	$ 18,563
Fair Value Available-for-Sale
Due in one year or less	0
Due after one year through five years	12,582
Due after five years through ten years	0
Due after ten years	1,001
Sub-total	13,583
Totals	18,448	18,331
Mortgage-backed securities - residential
Available-for-Sale Amortized Cost
Totals	4,890	5,953
Fair Value Available-for-Sale
Totals	$ 4,865	$ 5,876

Investment Securities (Detail_3

Investment Securities (Details 3) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Held-to-Maturity Amortized Cost
Due in one year or less	$ 1,565
Due after one year through five years	2,360
Due after five years through ten years	1,658
Due after ten years	0
Sub-total	5,583
Securities - held-to-maturity	6,026	$ 6,052
Held-to-Maturity Fair Value
Due in one year or less	1,568
Due after one year through five years	2,386
Due after five years through ten years	1,736
Due after ten years	0
Sub-total	5,690
Fair Value	6,140	6,030
Mortgage-backed securities - residential
Held-to-Maturity Amortized Cost
Securities - held-to-maturity	443	458
Held-to-Maturity Fair Value
Fair Value	$ 450	$ 463

Investment Securities (Detail_4

Investment Securities (Details 4) $ in Thousands	Jun. 30, 2019USD ($)Security	Dec. 31, 2018USD ($)Security
Available-For-Sale Securities [Abstract]
Less than Twelve Months Number of individual securities | Security	1	1
Less than Twelve Months, Unrealized Losses	$ 1	$ 0
Less than Twelve Months, Fair Value	$ 141	$ 203
Twelve Months or More Number of Individual Securities | Security	10	12
Twelve Months or More, Unrealized Losses	$ 74	$ 263
Twelve Months or More, Fair Value	$ 10,910	$ 13,194
Total Number of Individual Securities | Security	11	13
Total Unrealized Losses	$ 75	$ 263
Total Fair Value	$ 11,051	$ 13,397
U.S. Government and agency obligations
Available-For-Sale Securities [Abstract]
Less than Twelve Months Number of individual securities | Security	0	0
Less than Twelve Months, Unrealized Losses	$ 0	$ 0
Less than Twelve Months, Fair Value	$ 0	$ 0
Twelve Months or More Number of Individual Securities | Security	6	8
Twelve Months or More, Unrealized Losses	$ 28	$ 162
Twelve Months or More, Fair Value	$ 7,578	$ 9,445
Total Number of Individual Securities | Security	6	8
Total Unrealized Losses	$ 28	$ 162
Total Fair Value	$ 7,578	$ 9,445
Mortgage-backed securities - residential
Available-For-Sale Securities [Abstract]
Less than Twelve Months Number of individual securities | Security	1	1	[1]
Less than Twelve Months, Unrealized Losses	$ 1	$ 0	[1]
Less than Twelve Months, Fair Value	$ 141	$ 203	[1]
Twelve Months or More Number of Individual Securities | Security	4	4	[1]
Twelve Months or More, Unrealized Losses	$ 46	$ 101	[1]
Twelve Months or More, Fair Value	$ 3,332	$ 3,749	[1]
Total Number of Individual Securities | Security	5	5	[1]
Total Unrealized Losses	$ 47	$ 101	[1]
Total Fair Value	$ 3,473	$ 3,952	[1]
[1]	Aggregate unrealized loss position of these securities is less than $500.

Investment Securities (Detail_5

Investment Securities (Details 5) $ in Thousands	Jun. 30, 2019USD ($)Securities		Dec. 31, 2018USD ($)Securities
Held-to-maturity Securities [Abstract]
Less than Twelve Months Number of individual securities | Securities	0		3
Less than Twelve Months, Unrealized Losses	$ 0		$ 4
Less than Twelve Months, Fair Value	$ 0		$ 1,039
Twelve Months or More Number of individual securities | Securities	4		16
Twelve Months or More, Unrealized Losses	$ 1		$ 53
Twelve Months or More, Fair Value	$ 1,144		$ 3,186
Total Number of Individual Securities | Securities	4		19
Total Unrealized Losses	$ 1		$ 57
Fair Value	$ 1,144		$ 4,225
Mortgage-backed securities - residential
Held-to-maturity Securities [Abstract]
Less than Twelve Months Number of individual securities | Securities	0	[1]	0
Less than Twelve Months, Unrealized Losses	$ 0	[1]	$ 0
Less than Twelve Months, Fair Value	$ 0	[1]	$ 0
Twelve Months or More Number of individual securities | Securities	1	[1]	1
Twelve Months or More, Unrealized Losses	$ 0	[1]	$ 1
Twelve Months or More, Fair Value	$ 162	[1]	$ 165
Total Number of Individual Securities | Securities	1	[1]	1
Total Unrealized Losses	$ 0	[1]	$ 1
Fair Value	$ 162	[1]	$ 165
State and municipal securities
Held-to-maturity Securities [Abstract]
Less than Twelve Months Number of individual securities | Securities	0		3
Less than Twelve Months, Unrealized Losses	$ 0		$ 4
Less than Twelve Months, Fair Value	$ 0		$ 1,039
Twelve Months or More Number of individual securities | Securities	3		15
Twelve Months or More, Unrealized Losses	$ 1		$ 52
Twelve Months or More, Fair Value	$ 982		$ 3,021
Total Number of Individual Securities | Securities	3		18
Total Unrealized Losses	$ 1		$ 56
Fair Value	$ 982		$ 4,060
[1]	Aggregate unrealized loss position of these securities is less than $500.

Investment Securities (Detail T

Investment Securities (Detail Textuals) $ in Thousands	Jun. 30, 2019USD ($)Security	Dec. 31, 2018USD ($)Security
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Number of securities in unrealized loss position	15	32
Number of securities in unrealized loss position in for greater than twelve months	14	28
Number of securities in unrealized loss position in for less than twelve months	1	4
Aggregate unrealized loss position of the securities | $	$ 1,144	$ 4,225
Maximum
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Aggregate unrealized loss position of the securities | $	$ 500	500
Mortgage-backed securities - residential
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Number of securities in unrealized loss position in for greater than twelve months	11
Number of securities in unrealized loss position in for less than twelve months	1
State and political subdivisions
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Number of securities in unrealized loss position in for greater than twelve months	3
Aggregate unrealized loss position of the securities | $	$ 982	$ 4,060

Loans - Major classifications o

Loans - Major classifications of loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 280,522		$ 283,339	$ 272,016
Net deferred loan origination costs	(50)		(37)
Less: Allowance for loan losses	(1,661)	$ (1,636)	(1,561)	(1,411)	$ (1,336)	$ (1,261)
Loans receivable, net	278,811		281,741
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	273,055		275,999
Real estate loans | Secured by one-to-four family residences
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	218,714		221,602	217,157
Less: Allowance for loan losses	(805)	(840)	(866)	(803)	(742)	(816)
Real estate loans | Secured by multi-family residences
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	9,855		10,241	10,440
Less: Allowance for loan losses	(74)	(75)	(77)	(78)	(79)	(80)
Real estate loans | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,018		4,898	6,530
Less: Allowance for loan losses	(20)	(22)	(24)	(33)	(42)	(54)
Real estate loans | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	23,220		22,492	17,046
Less: Allowance for loan losses	(482)	(318)	(284)	(211)	(205)	(148)
Real estate loans | Home equity lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	17,248		16,766	16,528
Less: Allowance for loan losses	(105)	(102)	(103)	(103)	(105)	(107)
Other Loans Portfolio Segment | Commercial and industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	7,426		7,290	4,260
Less: Allowance for loan losses	(125)	(96)	(97)	(54)	(53)	(47)
Other Loans Portfolio Segment | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	41		50	55
Less: Allowance for loan losses	$ (50)	$ (183)	$ (110)	$ (129)	$ (110)	$ (9)

Loans - Risk category of loans

Loans - Risk category of loans by class (Details 1) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 280,522	$ 283,339	$ 272,016
Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	274,884	278,534
Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,573	1,425
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	3,065	3,380
Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	273,055	275,999
Real estate loans | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	267,462	271,239
Real estate loans | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,573	1,425
Real estate loans | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	3,020	3,335
Real estate loans | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Secured by one-to-four family residences
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	218,714	221,602	217,157
Real estate loans | Secured by one-to-four family residences | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	216,136	218,222
Real estate loans | Secured by one-to-four family residences | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	494
Real estate loans | Secured by one-to-four family residences | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,578	2,886
Real estate loans | Secured by one-to-four family residences | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Secured by multi-family residences
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	9,855	10,241	10,440
Real estate loans | Secured by multi-family residences | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	9,855	10,241
Real estate loans | Secured by multi-family residences | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Secured by multi-family residences | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Secured by multi-family residences | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,018	4,898	6,530
Real estate loans | Construction | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,018	4,898
Real estate loans | Construction | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Construction | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Construction | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	23,220	22,492	17,046
Real estate loans | Commercial real estate | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	20,399	21,313
Real estate loans | Commercial real estate | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,573	931
Real estate loans | Commercial real estate | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	248	248
Real estate loans | Commercial real estate | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Home equity lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	17,248	16,766	16,528
Real estate loans | Home equity lines of credit | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	17,054	16,565
Real estate loans | Home equity lines of credit | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Real estate loans | Home equity lines of credit | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	194	201
Real estate loans | Home equity lines of credit | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Other Loans Portfolio Segment | Commercial & industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	7,426	7,290	4,260
Other Loans Portfolio Segment | Commercial & industrial loans | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	7,381	7,245
Other Loans Portfolio Segment | Commercial & industrial loans | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Other Loans Portfolio Segment | Commercial & industrial loans | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	45	45
Other Loans Portfolio Segment | Commercial & industrial loans | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Other Loans Portfolio Segment | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	41	50	$ 55
Other Loans Portfolio Segment | Other loans | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	41	50
Other Loans Portfolio Segment | Other loans | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Other Loans Portfolio Segment | Other loans | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	0
Other Loans Portfolio Segment | Other loans | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 0	$ 0

Loans - Analysis of the age of

Loans - Analysis of the age of the loan delinquencies by type and by amount past due (Details 2) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,341	$ 1,071
Current	279,181	282,268
Loans	280,522	283,339	$ 272,016
30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15	622
60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10	349
90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,316	100
Commercial & industrial loans | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10	10
Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,271	1,026
Current	271,784	274,973
Loans	273,055	275,999
Real estate loans | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	622
Real estate loans | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	349
Real estate loans | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,271	55
Real estate loans | Secured by one-to-four family residences
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	880	631
Current	217,834	220,971
Loans	218,714	221,602	217,157
Real estate loans | Secured by one-to-four family residences | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	227
Real estate loans | Secured by one-to-four family residences | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	349
Real estate loans | Secured by one-to-four family residences | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	880	55
Real estate loans | Secured by multi-family residences
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	9,855	10,241
Loans	9,855	10,241	10,440
Real estate loans | Secured by multi-family residences | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Secured by multi-family residences | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Secured by multi-family residences | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	4,018	4,898
Loans	4,018	4,898	6,530
Real estate loans | Construction | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Construction | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Construction | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	248	248
Current	22,972	22,244
Loans	23,220	22,492	17,046
Real estate loans | Commercial | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	248
Real estate loans | Commercial | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Commercial | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	143	0
Real estate loans | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	143	147
Current	17,105	16,619
Loans	17,248	16,766	16,528
Real estate loans | Home equity lines of credit | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	147
Real estate loans | Home equity lines of credit | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real estate loans | Home equity lines of credit | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	143	0
Other Loans Portfolio Segment | Commercial & industrial loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	70	45
Current	7,356	7,245
Loans	7,426	7,290	4,260
Other Loans Portfolio Segment | Commercial & industrial loans | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15	0
Other Loans Portfolio Segment | Commercial & industrial loans | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10	0
Other Loans Portfolio Segment | Commercial & industrial loans | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	45	45
Other Loans Portfolio Segment | Other loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	41	50
Loans	41	50	$ 55
Other Loans Portfolio Segment | Other loans | 30-59 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Other Loans Portfolio Segment | Other loans | 60-89 Days Past Due And Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Other Loans Portfolio Segment | Other loans | 90 Days and Over
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 0	$ 0

Loan -Impaired loans informatio

Loan -Impaired loans information by portfolio class (Details 3) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
With an allowance recorded
Recorded Investment	$ 293,000	$ 0
Unpaid Principal Balance	293,000	0
Related Allowance	175,000	0
Average Recorded Investment	293,000	0
Interest Income Recognized	0	0
Cash Basis Interest Income Recognized	0	0
Real estate loans | Commercial real estate
With an allowance recorded
Recorded Investment	248,000	0
Unpaid Principal Balance	248,000	0
Related Allowance	145,000	0
Average Recorded Investment	248,000	0
Interest Income Recognized	0	0
Cash Basis Interest Income Recognized	0	0
Other Loans Portfolio Segment | Commercial and industrial loans
With an allowance recorded
Recorded Investment	45,000	0
Unpaid Principal Balance	45,000	0
Related Allowance	30,000	0
Average Recorded Investment	45,000	0
Interest Income Recognized	0	0
Cash Basis Interest Income Recognized	$ 0	$ 0

Loans (Detail Textuals)

Loans (Detail Textuals) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)Loans	Dec. 31, 2018USD ($)Loans	Jun. 30, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans serviced for others	$ 118,000	$ 123,800
Loans	280,522	283,339	$ 272,016
Total Past Due	$ 1,341	1,071
Number of loans becoming current during the period | Loans	1
30-59 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 15	622
60-89 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	10	349
90 Days and Over
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,316	100
Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	2,573	1,425
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,065	3,380
Residential mortgage loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value of loans pledged as collateral	197,300	201,900
Financing receivable, recorded Investment, nonaccrual status	880	55
Commercial and industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded Investment, nonaccrual status	45	45
Commercial and industrial loans | 60-89 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 10	10
Amount of past due loans increased		0
Number of loans becoming current during the period | Loans	1
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 273,055	275,999
Total Past Due	1,271	1,026
Real estate loans | 30-59 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	622
Real estate loans | 60-89 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	349
Real estate loans | 90 Days and Over
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,271	55
Real estate loans | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	2,573	1,425
Real estate loans | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,020	3,335
Real estate loans | Secured by one-to-four family residences
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	218,714	221,602	217,157
Total Past Due	880	631
Real estate loans | Secured by one-to-four family residences | 30-59 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	227
Amount of past due loans decreased	$ 227	0
Number of loans paying as agreed | Loans	3
Number of loans payoffs | Loans	1
Real estate loans | Secured by one-to-four family residences | 60-89 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 0	349
Amount of past due loans decreased		349
Number of loans paying as agreed | Loans	2
Real estate loans | Secured by one-to-four family residences | 90 Days and Over
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of loan decreased	$ 825
Total Past Due	880	55
Amount of past due loans increased	$ 55
Number of loans becoming current during the period | Loans	2
Real estate loans | Secured by one-to-four family residences | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 0	494
Amount of loan decreased	494
Real estate loans | Secured by one-to-four family residences | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	2,578	$ 2,886
Amount of loan decreased	$ 308
Percentage of loan decreased	10.70%
Real estate loans | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of nonaccrual loans | Loans	1	1
Financing receivable, recorded Investment, nonaccrual status	$ 248
Loans	23,220	$ 22,492	17,046
Total Past Due	248	248
Amount of past due loans increased	$ 0
Additional number of loans | Loans	1
Real estate loans | Commercial | 30-59 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 0	248
Amount of past due loans increased	15	0
Real estate loans | Commercial | 60-89 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Real estate loans | Commercial | 90 Days and Over
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	143	0
Amount of past due loans increased	$ 143
Number of loans becoming current during the period | Loans	1
Real estate loans | Commercial | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 2,573	931
Amount of loan increased	$ 1,600
Percentage of loan Increased	176.40%
Number of loans newly categorized | Loans	2
Real estate loans | Commercial | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 248	248
Real estate loans | Home equity lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, recorded Investment, nonaccrual status	143
Loans	17,248	16,766	$ 16,528
Total Past Due	143	147
Real estate loans | Home equity lines of credit | 30-59 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	147
Real estate loans | Home equity lines of credit | 60-89 Days Past Due And Accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Real estate loans | Home equity lines of credit | 90 Days and Over
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	143	0
Real estate loans | Home equity lines of credit | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Real estate loans | Home equity lines of credit | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	194	201
Other Assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fair value of mortgage servicing rights	$ 747	$ 812

Allowance for Loan Losses and_3

Allowance for Loan Losses and Foreclosed Real Estate - Allowance for loan losses allocated by loan class and the activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Allowance for loan losses:
Beginning Balance	$ 1,636	$ 1,336	$ 1,561	$ 1,261
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	25	75	100	150
Ending balance	1,661	1,411	1,661	1,411
Ending balance: related to loans individually evaluated for impairment	175	0	175	0
Ending balance: related to loans collectively evaluated for impairment	1,486	1,411	1,486	1,411
Loans receivables:
Ending balance	280,522	272,016	280,522	272,016	$ 283,339
Ending balance: related to loans individually evaluated for impairment	293	0	293	0
Ending balance: related to loans collectively evaluated for impairment	280,229	272,016	280,229	272,016
Real estate loans
Loans receivables:
Ending balance	273,055		273,055		275,999
Real estate loans | Secured by one-to-four family residences
Allowance for loan losses:
Beginning Balance	840	742	866	816
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	(35)	61	(61)	(13)
Ending balance	805	803	805	803
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	805	803	805	803
Loans receivables:
Ending balance	218,714	217,157	218,714	217,157	221,602
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	218,714	217,157	218,714	217,157
Real estate loans | Secured by multi-family residences
Allowance for loan losses:
Beginning Balance	75	79	77	80
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	(1)	(1)	(3)	(2)
Ending balance	74	78	74	78
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	74	78	74	78
Loans receivables:
Ending balance	9,855	10,440	9,855	10,440	10,241
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	9,855	10,440	9,855	10,440
Real estate loans | Construction
Allowance for loan losses:
Beginning Balance	22	42	24	54
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	(2)	(9)	(4)	(21)
Ending balance	20	33	20	33
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	20	33	20	33
Loans receivables:
Ending balance	4,018	6,530	4,018	6,530	4,898
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	4,018	6,530	4,018	6,530
Real estate loans | Commercial
Allowance for loan losses:
Beginning Balance	318	205	284	148
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	164	6	198	63
Ending balance	482	211	482	211
Ending balance: related to loans individually evaluated for impairment	145	0	145	0
Ending balance: related to loans collectively evaluated for impairment	337	211	337	211
Loans receivables:
Ending balance	23,220	17,046	23,220	17,046	22,492
Ending balance: related to loans individually evaluated for impairment	248	0	248	0
Ending balance: related to loans collectively evaluated for impairment	22,972	17,046	22,972	17,046
Real estate loans | Home equity lines of credit
Allowance for loan losses:
Beginning Balance	102	105	103	107
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	3	(2)	2	(4)
Ending balance	105	103	105	103
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	105	103	105	103
Loans receivables:
Ending balance	17,248	16,528	17,248	16,528	16,766
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	17,248	16,528	17,248	16,528
Other Loans Portfolio Segment | Commercial & industrial loans
Allowance for loan losses:
Beginning Balance	96	53	97	47
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	29	1	28	7
Ending balance	125	54	125	54
Ending balance: related to loans individually evaluated for impairment	30	0	30	0
Ending balance: related to loans collectively evaluated for impairment	95	54	95	54
Loans receivables:
Ending balance	7,426	4,260	7,426	4,260	7,290
Ending balance: related to loans individually evaluated for impairment	45	0	45	0
Ending balance: related to loans collectively evaluated for impairment	7,381	4,260	7,381	4,260
Other Loans Portfolio Segment | Other/Unallocated
Allowance for loan losses:
Beginning Balance	183	110	110	9
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions (Credits)	(133)	19	(60)	120
Ending balance	50	129	50	129
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	50	129	50	129
Loans receivables:
Ending balance	41	55	41	55	$ 50
Ending balance: related to loans individually evaluated for impairment	0	0	0	0
Ending balance: related to loans collectively evaluated for impairment	$ 41	$ 55	$ 41	$ 55

Allowance for Loan Losses and_4

Allowance for Loan Losses and Foreclosed Real Estate (Detail Textuals) - Real estate loans	6 Months Ended	12 Months Ended
	Jun. 30, 2019USD ($)Loans	Dec. 31, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans | Loans	1
Value of loan in process of foreclosure | $	$ 55,000	$ 55,000
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans | Loans	1
Value of loan in process of foreclosure | $	$ 248,000

Fair Value Measurements - Fair

Fair Value Measurements - Fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Available-for-Sale Portfolio
Securities available for sale	$ 18,448	$ 18,331
Fair Value, Measurements, Recurring
Available-for-Sale Portfolio
Securities available for sale	18,448	18,331
Fair Value, Measurements, Recurring | U.S. Government and agency obligations
Available-for-Sale Portfolio
Securities available for sale	13,583	12,455
Fair Value, Measurements, Recurring | Mortgage-backed securities - residential
Available-for-Sale Portfolio
Securities available for sale	4,865	5,876
Fair Value, Measurements, Recurring | Level 1
Available-for-Sale Portfolio
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. Government and agency obligations
Available-for-Sale Portfolio
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Mortgage-backed securities - residential
Available-for-Sale Portfolio
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 2
Available-for-Sale Portfolio
Securities available for sale	18,448	18,331
Fair Value, Measurements, Recurring | Level 2 | U.S. Government and agency obligations
Available-for-Sale Portfolio
Securities available for sale	13,583	12,455
Fair Value, Measurements, Recurring | Level 2 | Mortgage-backed securities - residential
Available-for-Sale Portfolio
Securities available for sale	4,865	5,876
Fair Value, Measurements, Recurring | Level 3
Available-for-Sale Portfolio
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | U.S. Government and agency obligations
Available-for-Sale Portfolio
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Mortgage-backed securities - residential
Available-for-Sale Portfolio
Securities available for sale	$ 0	$ 0

Fair Value Measurements - Asset

Fair Value Measurements - Assets measured at fair value on a nonrecurring basis (Details 1) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 118	$ 0
Nonrecurring basis | Level 1
Fair Value, Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Nonrecurring basis | Level 2
Fair Value, Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Nonrecurring basis | Level 3
Fair Value, Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 118	$ 0

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative information about assets measured at fair value on a nonrecurring basis (Details 2) - Appraisal of collateral (Sales Approach)	Jun. 30, 2019Percent
Appraisal Adjustments | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans, Measurement Input	23.6
Costs to Sell | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans, Measurement Input	14.1
Costs to Sell | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans, Measurement Input	50.7
Costs to Sell | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans, Measurement Input	28.6

Fair Value Measurements - Carry

Fair Value Measurements - Carrying amounts and estimated fair values of the financial instruments (Details 3) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financial assets:
Interest earning demand deposits	$ 5,309	$ 4,710
Securities - available-for-sale	18,448	18,331
Securities - held-to-maturity	6,026	6,052
Carrying Amount
Financial assets:
Cash and due from banks	1,776	1,581
Interest earning demand deposits	5,309	4,710
Securities - available-for-sale	18,448	18,331
Securities - held-to-maturity	6,026	6,052
Investment in restricted stock	3,077	3,637
Loans held for sale	1,175	2,133
Loans, net	278,811	281,741
Accrued interest receivable	985	876
Financial liabilities:
Demand Deposits, Savings, NOW and MMDA	99,411	98,681
Time Deposits	133,061	123,934
Borrowings	58,842	71,826
Accrued interest payable	129	168
Fair Value
Financial assets:
Cash and due from banks	1,776	1,581
Interest earning demand deposits	5,309	4,710
Securities - available-for-sale	18,448	18,331
Securities - held-to-maturity	6,140	6,030
Investment in restricted stock	3,077	3,637
Loans held for sale	1,175	2,133
Loans, net	285,604	280,173
Accrued interest receivable	985	876
Financial liabilities:
Demand Deposits, Savings, NOW and MMDA	99,411	98,681
Time Deposits	133,191	124,182
Borrowings	59,145	71,086
Accrued interest payable	$ 129	$ 168

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Unrealized Gains (Losses) on Available-for-Sale Securities, Beginning balance	$ (114)	$ (257)	$ (183)	$ (165)
Unrealized Gains (Losses) on Available-for-Sale Securities, Other comprehensive (loss) income	73	(5)	142	(97)
Unrealized Gains (Losses) on Available-for-Sale Securities, Ending balance	(41)	(262)	(41)	(262)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(114)	(257)	(183)	(165)
Other comprehensive (loss) income	73	(5)	142	(97)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	$ (41)	$ (262)	$ (41)	$ (262)

Other income (Details)

Other income (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Mortgage fee income and realized gain on sales of loans
Bank owned life insurance		$ 15	$ 15	$ 30	$ 30
Noninterest Income		404	615	798	1,283
Deposit related fees
Non Interest Income [Line Items]
Other income including service fees and fee income		16	16	31	27
Insufficient funds fee
Non Interest Income [Line Items]
Other income including service fees and fee income		18	21	35	42
Service fees
Non Interest Income [Line Items]
Other income including service fees and fee income		34	37	66	69
Securities commission income
Non Interest Income [Line Items]
Other income including service fees and fee income		2	9	4	27
Insurance commission income
Non Interest Income [Line Items]
Other income including service fees and fee income		4	25	6	46
Financial Service
Non Interest Income [Line Items]
Other income including service fees and fee income		6	34	10	73
Debit card interchange fee income
Non Interest Income [Line Items]
Other income including service fees and fee income		37	36	65	71
ATM fees
Non Interest Income [Line Items]
Other income including service fees and fee income		8	8	15	15
Card income
Non Interest Income [Line Items]
Other income including service fees and fee income		45	44	80	86
Residential mortgage loan origination fees
Mortgage fee income and realized gain on sales of loans
Residential mortgage loan origination fees	[1]	48	87	90	168
Commercial loan fees	[1]	9	24	29	32
Loan servicing income	[1]	75	85	151	170
Realized gain on sales of residential mortgage loans	[1]	172	289	342	590
Realized gain on sale of SBA loan	[1]			0	47
Total mortgage fee income and realized gain on sales of loans	[1]	304	485	612	1,007
Bank owned life insurance	[1]	15	15	30	30
Other miscellaneous income	[1]			0	18
Noninterest Income	[1]	$ 404	$ 615	$ 798	$ 1,283
[1]	Outside scope of ASC 606

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - $ / shares	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Options
Outstanding at beginning of year	172,080	152,080
Grants	0	15,000
Exercised	0	0
Outstanding at quarter end	172,080	167,080
Exercisable at quarter end	33,416	0
Weighted Average Exercise Price Per Share
Outstanding at beginning of year	$ 16.82	$ 16.72
Grants	0	17.52
Exercised	0	0
Outstanding at quarter end	16.82	16.79
Exercisable at quarter end	$ 16.79	$ 0

Stock-Based Compensation (Det_2

Stock-Based Compensation (Detail Textuals) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Share based payment award, vesting period				5 years
Stock option
Defined Benefit Plan Disclosure [Line Items]
Compensation expense	$ 76,000	$ 76,000	$ 152,000	$ 152,000

Leases (Details)

Leases (Details) - Accounting standards update 2016-02 - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 97	$ 194
Short-term lease cost	18	35
Total	$ 115	$ 229

Leases (Details 1)

Leases (Details 1) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Accounting standards update 2016-02
Cash paid for amount included in the measurement of lease liabilitie
Operating cash flows from operating leases	$ 97	$ 194

Leases (Details 2)

Leases (Details 2) $ in Thousands	Jun. 30, 2019USD ($)
Operating Leases
Operating lease right-of-use assets	$ 2,275
Accounting standards update 2016-02
Operating Leases
Operating lease right-of-use assets	2,275
Operating lease liabilities	$ 2,477
Operating Lease, Weighted Average Remaining Lease Term	8 years 10 months 24 days
Operating Lease, Weighted Average Discount Rate, Percent	3.52%

Leases (Details 3)

Leases (Details 3) - Accounting standards update 2016-02 $ in Thousands	Jun. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
2019	$ 155
2020	318
2021	313
2022	252
2023	194
Thereafter	1,245
Total minimum lease payments	$ 2,477

Leases (Detail Textuals)

Leases (Detail Textuals) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets include premises and equipment	$ 2,275
Accounting standards update 2016-02
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets include premises and equipment	2,275
Operating lease liabilities include corresponding liability	$ 2,477
Description of operating lease option to extend	Our leases have remaining lease terms that vary from less than one year up to 12 years, some of which include options to extend the leases for various renewal periods.