FFBW 10-Q 27 Sep 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Sep. 27, 2017
Document And Entity Information Abstract [Abstract]
Entity Registrant Name	FFBW, Inc.
Entity Central Index Key	1,709,017
Trading Symbol	ffbw
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		0
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2

Balance Sheets

Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 5,779	$ 6,911
Available for sale securities, stated at fair value	46,081	48,613
Loans held for sale	131	592
Loans, net of allowance for loan and lease losses of $1,519 and $1,478	166,329	166,974
Premises and equipment, net	7,618	7,610
Foreclosed assets	770	667
FHLB stock, at cost	514	1,347
Accrued interest receivable	716	760
Cash value of life insurance	6,458	6,352
Other assets	1,754	1,729
TOTAL ASSETS	236,150	241,555
Liabilities and Equity
Deposits	184,954	184,639
Advance payments by borrowers for taxes and insurance	696	33
FHLB advances	14,763	21,277
Accrued interest payable	323	29
Other liabilities	1,091	1,579
Total liabilities	201,827	207,557
Retained earnings	34,315	34,123
Accumulated other comprehensive income (loss)	8	(125)
Total Equity	34,323	33,998
TOTAL LIABILITIES AND EQUITY	$ 236,150	$ 241,555

Balance Sheets (Parentheticals)

Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for loan and lease losses	$ 1,519	$ 1,478	$ 1,478	$ 1,547	$ 1,562	$ 1,551

Statements of Income (Unaudited

Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest and dividend income:
Loans, including fees	$ 1,903	$ 1,952	$ 3,756	$ 3,941
Securities
Taxable	212	220	453	445
Tax-exempt	44	72	79	146
Other	8	10	12	17
Total interest and dividend income	2,167	2,254	4,300	4,549
Interest Expense:
Interest-bearing deposits	329	342	648	675
Borrowed funds	60	69	118	141
Total interest expense	389	411	766	816
Net interest income	1,778	1,843	3,534	3,733
Provision for loan losses	52	22	103	33
Net interest income after provision for loan losses	1,726	1,821	3,431	3,700
Noninterest income:
Service charges and other fees	65	60	124	115
Net gain on sale of loans	47	43	133	82
Net gain on sale of securities	22		22	6
Increase in cash surrender value of insurance	50	50	100	100
Other noninterest income	12		16	1
Total noninterest income	196	153	395	304
Noninterest expense:
Salaries and employee benefits	1,027	957	2,039	1,916
Occupancy and equipment	260	243	546	502
Data processing	145	175	301	345
Foreclosed assets, net	19	9	27	9
Professional fees	120	99	230	186
Other	219	227	468	475
Total noninterest expense	1,790	1,710	3,611	3,433
Income before income taxes	132	264	215	571
Provision for income taxes	21	67	23	115
Net income	$ 111	$ 197	$ 192	$ 456

Statement of Comprehensive Inco

Statement of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 111	$ 197	$ 192	$ 456
Other comprehensive income:
Unrealized holding gains arising during the period	110	326	227	669
Reclassification adjustment for gains realized in net income	(22)		(22)	(6)
Other comprehensive income before tax effect	88	326	205	663
Tax effect of other comprehensive income items	(31)	(192)	(72)	(246)
Other comprehensive income, net of tax	57	134	133	417
Comprehensive income	$ 168	$ 331	$ 325	$ 873

Statement of Changes in Equity

Statement of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Retained Earnings	Accumulated Other Comprehensive Income	Total
Balance at Dec. 31, 2015	$ 33,952	$ 230	$ 34,182
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	456		456
Other comprehensive income		417	417
Balance at Jun. 30, 2016	34,408	647	35,055
Balance at Dec. 31, 2016	34,123	(125)	33,998
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	192		192
Other comprehensive income		133	133
Balance at Jun. 30, 2017	$ 34,315	$ 8	$ 34,323

Statements of Cash Flows

Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 192	$ 456
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	103	33
Depreciation	249	237
Accretion of loan portfolio discount and deposit premium	(198)	(263)
Net amortization on securities available for sale	272	239
Gain on sale of securities	(22)	(6)
Increase in cash surrender value of life insurance	(100)	(100)
Accretion of discount on FHLB advances	(14)	(14)
Changes in operating assets and liabilities:
Accrued interest receivable	44	14
Loans held for sale	461	(706)
Other assets	(97)	193
Accrued interest payable	294	305
Other liabilities	(488)	1,644
Net cash provided by operating activities	696	2,032
Cash flows from investing activities:
Proceeds from sales of available for sale securities	5,906	583
Maturities, calls, paydowns on available for sale securities	3,538	4,565
Purchases of available for sale securities	(6,957)	(3,508)
Net decrease in loans	188	1,327
Purchases of premises and equipment	(280)	(24)
Proceeds from redemption of FHLB stock	833
Proceeds from sale of equipment	23	4
Purchase of life insurance	(6)
Proceeds from sale of foreclosed assets	457
Net cash provided by investing activities	3,702	2,947
Cash flows from financing activities:
Net increase in deposits	307	1,125
Net increase in advance payments by borrowers for taxes and insurance	663	400
Net decrease in FHLB open line of credit	(5,000)	(500)
Repayments of FHLB advances	(6,500)	(1,000)
Proceeds from FHLB advances	5,000	2,500
Net cash provided (used) in financing activities	(5,530)	2,525
Net increase (decrease) in cash and cash equivalents	(1,132)	7,504
Cash and cash equivalents at beginning	6,911	3,093
Cash and cash equivalents at end	5,779	10,597
Supplemental Cash Flow Disclosures:
Cash paid for interest	473	511
Cash paid for income taxes
Loans transferred to foreclosed assets	$ 560	$ 666

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Basis Of Presentation [Abstract]
Basis of Presentation	Note 1 – Basis of Presentation The accompanying unaudited financial statements of First Federal Bank of Wisconsin (the “Bank”) were prepared in accordance with instructions for Form 10-Q and Regulation S-X and do not include information or footnotes necessary for a complete presentation of financial condition, results of operations, comprehensive income, changes in equity and cash flows in conformity with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments necessary for a fair presentation of the financial statements have been included. The results of operations for the three- and six-month periods ended June 30, 2017 are not necessarily indicative of the results which may be expected for the entire year. These statements should be read in conjunction with the Financial Statements and notes thereto for the year ended December 31, 2016 included in the Form S-1 of FFBW, Inc. as filed with the Securities and Exchange Commission (“SEC”). Reference is made to the accounting policies of the Bank described in the Notes to the Financial Statements contained in the Form S-1. In preparing the financial statements, the Bank is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Bank’s financial condition, results of operations, comprehensive income, changes in shareholders’ equity and cash flows for the interim periods presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Note 2 – Recent Accounting Pronouncements Emerging Growth Company Status The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). For as long as the Company is an emerging growth company, it may choose to take advantage of exemptions from various reporting requirements applicable to other public companies. An emerging growth company may elect to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies, but must make such election when the Company is first required to file a registration statement. The Company has elected to use the extended transition period described above and intends to maintain its emerging growth company status as allowed under the JOBS Act. In June 2016, FASB issued ASU No. 2016-13, “Credit Losses (Topic 326).” ASU 2016-13 requires organizations to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption will be permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Bank is currently assessing the impact of adopting ASU 2016-13 on its financial statements. In January 2016, FASB issued ASU No. 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities”. The standard makes a number of changes to the recognition and measurement standards of financial instruments, including the following changes: 1) equity securities with a readily determinable fair value will have to be measured at fair value with changes in fair value recognized in net income; 2) entities that are public business entities will no longer be required to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost; and 3) entities that are public business entities will be required to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. This standard is effective for financial statements issued for annual reporting periods, and interim periods within those annual periods, beginning after December 15, 2017. The adoption of this standard is not expected to have a material impact on our financial condition or results of operations, except that the Bank will no longer disclose the method(s) and significant assumptions used to estimate the fair value of financial instruments measured at amortized cost. In May 2014, FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)”. The amendment supersedes and replaces nearly all existing revenue recognition guidance. Under the amended guidance, an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This guidance is effective for annual and interim periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. In August 2015, FASB issued ASU No. 2015-14 Revenue from Contracts with Customer (Topic 606), Deferral of the Effective Date. The amendment defers the effective date of ASU No. 2014-09 by one year. Adoption of ASU No. 2014-09 and ASU 2015-14 is not expected to have a material impact on the financial statements, but significant disclosures to the Notes thereto will be required.

Available for Sale Securities

Available for Sale Securities	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Available for Sale Securities	Note 3 – Available for Sale Securities Amortized costs and fair values of available for sale securities are summarized as follows: Amortized Cost Gross Unrealized Gross Unrealized Estimated Fair June 30, 2017 Obligations of the US government and US government sponsored agencies $ 3,107 $ 35 $ - $ 3,142 Obligations of states and political subdivisions 12,409 145 (66 ) 12,488 Mortgage-backed securities 22,930 44 (211 ) 22,763 Certificates of deposit 3,000 23 (3 ) 3,020 Corporate debt securities 4,622 47 (1 ) 4,668 Total available for sale securities $ 46,068 $ 294 $ (281 ) $ 46,081 December 31, 2016 Obligations of the US government and US government sponsored agencies $ 3,885 $ 36 $ (2 ) $ 3,919 Obligations of states and political subdivisions 15,606 104 (148 ) 15,562 Mortgage-backed securities 23,155 39 (302 ) 22,892 Certificates of deposit 1,000 17 (3 ) 1,014 Corporate debt securities 5,159 76 (9 ) 5,226 Total available for sale securities $ 48,805 $ 272 $ (464 ) $ 48,613 Fair values of securities are estimated based on financial models or prices paid for similar securities. It is possible interest rates could change considerably, resulting in a material change in estimated fair value. The following table presents the portion of the Bank's portfolio which has gross unrealized losses, reflecting the length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months 12 Months or More Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized June 30, 2017 Obligations of states and political subdivisions $ 3,368 $ (66 ) $ - $ - $ 3,368 $ (66 ) Mortgage-backed securities 15,421 (198 ) 1,045 (13 ) 16,466 (211 ) Certificates of deposit 247 (3 ) - - 247 (3 ) Corporate debt securities - - 249 (1 ) 249 (1 ) Total $ 19,036 $ (267 ) $ 1,294 $ (14 ) $ 20,330 $ (281 ) December 31, 2016 Obligations of the US government and US government sponsored agencies $ 733 $ (1 ) $ 179 $ (1 ) $ 912 $ (2 ) Obligations of states and political subdivisions 7,087 (148 ) - - 7,087 (148 ) Mortgage-backed securities 15,370 (278 ) 1,365 (24 ) 16,735 (302 ) Certificates of deposit 247 (3 ) - - 247 (3 ) Corporate debt securities 1,590 (8 ) 249 (1 ) 1,839 (9 ) Total $ 25,027 $ (438 ) $ 1,793 $ (26 ) $ 26,820 $ (464 ) The Bank held 51 securities with aggregate depreciation of approximately 1.4% from the Bank’s amortized cost basis at June 30, 2017 and 66 securities with aggregate depreciation of approximately 2% from the Bank’s amortized cost basis at December 31, 2016. It is the opinion of management that the unrealized losses are a result of fluctuations in prevailing interest rates and a decrease in market liquidity and not an impairment in the credit quality of the investment. In addition, the Bank does not have the intent to sell the securities, and it is more likely than not that it will not be required to sell the securities before the recovery of the losses. Based on this information, management believes the unrealized losses are temporary in nature. The amortized cost and fair value of held to maturity securities by contractual maturity are shown below. Expected maturities will differ from contractual maturities in mortgage-backed securities since the anticipated maturities are not readily determinable. Therefore, these securities are not included in the maturity categories in the following maturity summary listed below: June 30, 2017 Amortized Cost Fair Value Due in one year or less $ 912 $ 916 Due after one year through 5 years 9,375 9,461 Due after 5 years through 10 years 5,153 5,220 Due after 10 years 7,698 7,721 Subtotal $ 23,138 $ 23,318 Mortgage-backed securities 22,930 22,763 Total $ 46,068 $ 46,081 Proceeds from sales of securities available for sale during the six months ended June 30, 2017 and the year ended December 31, 2016 were $5,906 and $9,484, respectively. Gross realized gains, during the six months ended June 30, 2017 the year ended December 31, 2016 on these sales amounted to $83 and $132, respectively. Gross realized losses on these sales were $61 and $4, during the six months ended June 30, 2017 and year ended December 31, 2016, respectively. No securities were pledged at June 30, 2017 or December 31, 2016.

Loans

Loans	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans	Note 4 – Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff, generally are generally reported at their outstanding unpaid principal balances adjusted for charge-offs and the allowance for loan losses. Interest on loans is accrued and credited to income based on the unpaid principal balance. Loan-origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. The accrual of interest on loans is discontinued when, in the opinion of management, there is an indication the borrower may be unable to make payments as they become due. When loans are placed on nonaccrual or charged off, all unpaid accrued interest is reversed against interest income. The interest on these loans is subsequently accounted for on the cash-basis or cost-recovery method until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is maintained at the level considered adequate by management to provide for losses that are probable. The allowance for loan losses is established through a provision for loan losses charged to expense as losses are estimated to have occurred. Loan losses are charged against the allowance when management believes that the collectability of the principal is unlikely. Subsequent recoveries, if any, are credited to the allowance. Management regularly evaluates the allowance for loan losses using the Bank’s past loan loss experience, known and inherent risks in the portfolio, composition of the portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, current economic conditions, and other relevant factors. This evaluation is inherently subjective since it requires material estimates that may be susceptible to significant change. A loan is impaired when, based on current information, it is probable that the Bank will not collect all amounts due in accordance with the contractual terms of the loan agreement. Management determines whether a loan is impaired on a case-by-case basis, taking into consideration the payment status, collateral value, length and reason of any payment delays, the borrower’s prior payment record, and any other relevant factors. Large groups of smaller-balance homogeneous loans, such as residential mortgage and consumer loans, are collectively evaluated in the allowance for loan losses analysis and are not subject to impairment analysis unless such loans have been subject to a restructuring agreement. Specific allowances for impaired loans are based on discounted cash flows of expected future payments using the loan’s initial effective interest rate or the fair value of the collateral if the loan is collateral dependent. Major classifications of loans are as follows: December 31, June 30, 2017 2016 Commercial Development $ 2,300 $ 2,526 Real estate 47,087 42,276 Commercial and industrial 8,535 7,617 Residential real estate and consumer 1-4 family owner-occupied 47,508 50,284 1-4 family investor-owned 33,435 34,633 Multifamily 31,196 31,905 Consumer 1,980 1,582 Subtotal $ 172,041 $ 170,823 Deferred loan fees $ (81 ) $ (88 ) Loans in process (4,112 ) (2,283 ) Allowance for loan losses (1,519 ) (1,478 ) Net Loans $ 166,329 $ 166,974 Analysis of the allowance for loan losses for the three and six months ended June 30, 2017 and 2016 follows: Three Months Ended Commercial Residential real Total Balance at March 31, 2017 $ 468 $ 1,010 $ 1,478 Provision for loan losses 37 15 52 Loans charged off - (11 ) (11 ) Recoveries of loans previously charged off - - - Balance at June 30, 2017 $ 505 $ 1,014 $ 1,519 Balance at March 31, 2016 $ 567 $ 995 $ 1,562 Provision for loan losses 7 15 22 Loans charged off - (37 ) (37 ) Recoveries of loans previously charged off - - - Balance at June 30, 2016 $ 574 $ 973 $ 1,547 Six Months Ended Commercial Residential real Total Balance at December 31, 2016 $ 348 $ 1,130 $ 1,478 Provision for loan losses 157 (54 ) 103 Loans charged off - (97 ) (97 ) Recoveries of loans previously charged off - 35 35 Balance at June 30, 2017 $ 505 $ 1,014 $ 1,519 Balance at December 31, 2015 497 1,054 1,551 Provision for loan losses 77 (44 ) 33 Loans charged off - (37 ) (37 ) Recoveries of loans previously charged off - - - Balance at June 30, 2016 574 973 1,547 Commercial Residential real estate Totals Allowance for loan losses at June 30, 2017: Individually evaluated for impairment - 99 $ 99 Collectively evaluated for impairment 505 915 1,420 Total allowance for loan losses $ 505 $ 1,014 $ 1,519 Allowance for loan losses at December 31, 2016: Individually evaluated for impairment - - $ - Collectively evaluated for impairment 348 1,130 1,478 Total allowance for loan losses $ 348 $ 1,130 $ 1,478 Analysis for loans evaluated for impairment as of June 30, 2017 and December 31, 2016, follows: Loans at June 30, 2017: Commercial Residential real Totals Individually evaluated for impairment $ 207 $ 3,479 $ 3,686 Collectively evaluated for impairment 57,715 110,640 168,355 Total loans $ 57,922 $ 114,119 $ 172,041 Loans at December 31, 2016: Individually evaluated for impairment $ 141 $ 5,038 $ 5,179 Collectively evaluated for impairment 52,278 113,366 165,644 Total loans $ 52,419 $ 118,404 $ 170,823 As of June 30, 2017 Principal Recorded Related Average Interest Loans with an allowance for loan losses: Residential real estate and consumer 1-4 family owner-occupied $ 305 $ 290 $ 1 $ 276 $ - 1-4 family investor-owned 979 979 98 1,339 22 Total $ 1,284 $ 1,269 $ 99 $ 1,615 $ 22 Loans with no related allowance for loan losses: Commercial Commercial and industrial $ 213 $ 207 $ - $ 208 $ - Residential real estate and consumer 1-4 family owner-occupied 1,683 1,587 - 1,572 - 1-4 family investor-owned 717 623 - 666 3 Total $ 2,613 $ 2,417 $ - $ 2,446 $ 3 As of December 31, 2016 Principal Recorded Related Average Interest Loans with no related allowance for loan losses: Commercial Real estate $ 14 $ 14 $ - $ 14 $ 1 Commercial and industrial 129 127 - 135 - Residential real estate and consumer 1-4 family owner-occupied 2,363 2,104 - 2,310 20 1-4 family investor-owned 2,707 2,466 - 2,592 73 Multifamily 513 468 - 483 10 Total $ 5,726 $ 5,179 $ - $ 5,534 $ 104 No additional funds are committed to be advanced in connection with impaired loans. The Bank regularly evaluates various attributes of loans to determine the appropriateness of the allowance for loan losses. The credit quality indicators monitored differ depending on the class of loan. Commercial loans are generally evaluated using the following internally prepared ratings: “Pass” ratings are assigned to loans with adequate collateral and debt service ability such that collectability of the contractual loan payments is highly probable. “Special mention” ratings are assigned to loans where management has some concern that the collateral or debt service ability may not be adequate, though the collectability of the contractual loan payments is still probable. “Substandard” ratings are assigned to loans that do not have adequate collateral and/or debt service ability such that collectability of the contractual loan payments is no longer probable. “Doubtful” ratings are assigned to loans that do not have adequate collateral and/or debt service ability, and collectability of the contractual loan payments is unlikely. Residential real estate and consumer loans are generally evaluated based on whether or not the loan is performing according to the contractual terms of the loan. Information regarding the credit quality indicators most closely monitored for commercial loans by class as of June 30, 2017 and December 31, 2016, follows: Pass Special Substandard Doubtful Totals June 30, 2017 Development $ 2,300 $ - $ - $ - $ 2,300 Real estate 46,884 203 - - 47,087 Commercial and industrial 7,776 638 121 - 8,535 1-4 family investor-owned 31,058 1,877 415 85 33,435 Multifamily 30,957 239 - - 31,196 Totals $ 118,975 $ 2,957 $ 536 $ 85 $ 122,553 December 31, 2016 Development $ 2,526 $ - $ - $ - $ 2,526 Real estate 42,042 234 - - 42,276 Commercial and industrial 6,895 595 127 - 7,617 1-4 family investor-owned 31,114 2,709 720 90 34,633 Multifamily 31,442 220 243 - 31,905 Totals $ 114,019 $ 3,758 $ 1,090 $ 90 $ 118,957 Information regarding the credit quality indicators most closely monitored for residential real estate and consumer loans by class as of June 30, 2017 and December 31, 2016, follows: Performing Non-performing Totals June 30, 2017 1-4 family owner-occupied 46,237 1,271 47,508 Consumer 1,980 - 1,980 $ 48,217 $ 1,271 $ 49,488 December 31, 2016 1-4 family owner-occupied 48,180 2,104 50,284 Consumer 1,582 - 1,582 $ 49,762 $ 2,104 $ 51,866 Loan aging information as of June 30, 2017, follows: Loans Past Loans Past Nonaccrual June 30, 2017 Current Loans 30-89 Days 90+ Days Total Loans Loans Commercial Development $ 2,300 $ - $ - $ 2,300 $ - Real estate 46,940 147 - 47,087 - Commercial and industrial 8,182 353 - 8,535 - Residential real estate and consumer 1-4 family owner-occupied 47,508 - - 47,508 1,271 1-4 family investor-owned 32,935 85 415 33,435 500 Multifamily 31,196 - - 31,196 - Consumer 1,980 - - 1,980 - Total $ 171,041 $ 585 $ 415 $ 172,041 $ 1,771 Loan aging information as of December 31, 2016, follows: Loans Past Loans Past Nonaccrual December 31, 2016 Current Loans 30-89 Days 90+ Days Total Loans Loans Commercial Development $ 2,526 $ - $ - $ 2,526 $ - Real estate 42,276 - - 42,276 - Commercial and industrial 7,563 54 - 7,617 126 Residential real estate and consumer 1-4 family owner-occupied 48,134 1,743 407 50,284 1,698 1-4 family investor-owned 33,896 170 567 34,633 827 Multifamily 31,905 - - 31,905 248 Consumer 1,580 2 - 1,582 - Total $ 167,880 $ 1,969 $ 974 $ 170,823 $ 2,899 There were no loans past due ninety days or more and still accruing interest as of June 30, 2017 and December 31, 2016. When, for economic or legal reasons related to the borrower’s financial difficulties, the Bank grants a concession to the borrower that the Bank would not otherwise consider, the modified loan is classified as a troubled debt restructuring. Loan modifications may consist of forgiveness of interest and/or principal, a reduction of the interest rate, interest-only payments for a period of time, and/or extending amortization terms. During the six months ended and as of June 30, 2017, there was new troubled debt restructurings totaling $88 on two one-to-four family residential real estate loans that had balances totaling $88 pre-modification. Three troubled debt restructurings totaling $419 defaulted within 12 months of their modification date during the six months ended June 30, 2017 consisting of 1-4 family investor-owned properties.

Regulatory Capital Ratios

Regulatory Capital Ratios	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
Regulatory Capital Ratios	Note 5 – Regulatory Capital Ratios The Bank is subject to various regulatory capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of Common Equity Tier 1, Tier 1, and Total capital to risk-weighted assets and of Tier 1 capital to average assets. It is management's opinion, as of December 31, 2016 and as of June 30, 2017, that the Bank meets all applicable capital adequacy requirements. As of June 30, 2017 and December 31, 2016, the Bank is categorized as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum regulatory capital ratios as set forth in the table. There are no conditions or events since June 30, 2017 that management believes have changed the Bank's category. The Bank's actual capital amounts and ratios are presented in the following tables: To Be Well Capitalized Actual For Capital Adequacy Under Prompt Amount Ratio Amount Ratio Amount Ratio June 30, 2017 Common Equity Tier 1 capital (to risk - $ 34,226 21.10 % $ > > % $ > > % Tier 1 capital (to risk - 34,226 21.10 % > > > > Total capital (to risk - 35,745 22.04 % > > > > Tier 1 capital (to average assets) 34,226 14.52 % > > > > December 31, 2016 Common Equity Tier 1 capital (to risk - $ 34,052 20.87 % $ > > % $ > > % Tier 1 capital (to risk - 34,052 20.87 % > > > > Total capital (to risk - 35,530 21.77 % > > > > Tier 1 capital (to average assets) 34,052 13.93 % > > > >

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 6 – Fair Value Measurements Accounting standards describe three levels of inputs that may be used to measure fair value (the fair value hierarchy). The level of an asset or liability within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement of that asset or liability. Following is a brief description of each level of the fair value hierarchy: Level 1 - Fair value measurement is based on quoted prices for identical assets or liabilities in active markets. Level 2 - Fair value measurement is based on: (1) quoted prices for similar assets or liabilities in active markets; (2) quoted prices for identical or similar assets or liabilities in markets that are not active; or (3) valuation models and methodologies for which all significant assumptions are or can be corroborated by observable market data. Level 3 - Fair value measurement is based on valuation models and methodologies that incorporate at least one significant assumption that cannot be corroborated by observable market data. Level 3 measurements reflect the Bank’s estimates about assumptions market participants would use in measuring fair value of the asset or liability. Some assets and liabilities, such as securities available for sale, are measured at fair value on a recurring basis under accounting principles generally accepted in the United States. Other assets and liabilities, such as impaired loans, may be measured at fair value on a nonrecurring basis. Following is a description of the valuation methodology used for each asset measured at fair value on a recurring or nonrecurring basis, as well as the classification of the asset within the fair value hierarchy. Available for sale securities – Information regarding the fair value of assets measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016 follows: Recurring Fair Value Measurements Using Assets Measured at Quoted Prices in Significant Other Significant Fair Value (Level 1) (Level 2) (Level 3) June 30, 2017 Assets - Available for sale securities 46,081 - 46,081 - December 31, 2016 Assets - Available for sale securities 48,613 - 48,613 - Loans - Foreclosed assets Information regarding the fair value of assets measured at fair value on a nonrecurring basis as of June 30, 2017 and December 31, 2016 follows: Nonrecurring Fair Value Measurements Using Assets Measured Quoted Prices in Significant Other Significant Fair Value (Level 1) (Level 2) (Level 3) As of June 30, 2017 Assets Impaired loans $ 1,170 $ - $ - $ 1,170 Foreclosed assets 770 - - 770 As of December 31, 2016 Assets Foreclosed assets 667 - - 667 Loans with a carrying amount of $1,269 were considered impaired and were written down to their estimated fair value of $1,170 as of June 30, 2017. As a result, the Bank recognized a specific valuation allowance against these impaired loans totaling $99 during the six months ended June 30, 2017. The loans were valued based on the value of the underlying collateral, adjusted for selling costs. The fair value of collateral is determined based on appraisals, broker price opinions, or automated valuation models. In some cases, adjustments were made to these values due to various factors including age of the appraisal, age of the comparable and other known changes in the market and in the collateral. When significant adjustments were based on unobservable inputs, the resulting fair value measurement has been categorized as a Level 3 measurement. Foreclosed assets with a carrying amount of $770 and $667 were determined to be at their fair value as of June 30, 2017 and December 31, 2016, respectively. The Bank estimates fair value of all financial instruments regardless of whether such instruments are measured at fair value. The following methods and assumptions were used by the Company to estimate fair value of financial instruments not previously discussed. Cash and cash equivalents - Loans held for sale - Loans - FHLB stock - Accrued interest receivable and payable - Cash value of life insurance - Deposits and advance payments by borrowers for taxes and insurance - FHLB advances - Off-balance-sheet instruments - The carrying value and estimated fair value of financial instruments at June 30, 2017 and December 31, 2016 follow: June 30, 2017 Carrying Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents 5,779 5,779 Available for sale securities 46,081 46,081 Loans held for sale 131 131 Loans 166,329 167,463 Accrued interest receivable 716 716 Cash value of life insurance 6,458 6,458 FHLB stock 514 514 Financial liabilities: Deposits 184,954 106,933 77,492 Advance payments by borrowers for taxes and insurance 696 696 FHLB advances 14,763 14,700 Accrued interest payable 323 323 December 31, 2016 Carrying Level 1 Level 2 Level 3 Financial assets: Cash and other cash equivalents 6,912 6,912 Available for sale securities 48,614 48,614 Loans held for sale 592 592 Loans 166,974 167,628 Accrued interest receivable 760 760 Cash value of life insurance 6,352 6,352 FHLB stock 1,347 1,347 Financial liabilities: Deposits 184,639 100,142 83,907 Advance payments by borrowers for taxes and insurance 33 33 FHLB advances 21,277 21,139 Accrued interest payable 29 29 Limitations

Plan of Reorganization

Plan of Reorganization	6 Months Ended
	Jun. 30, 2017
Plan of Reorganization [Abstract]
Plan of Reorganization	Note 7 – Plan of Reorganization On June 14, 2017, the Board of Directors of the Bank adopted a Plan of Reorganization from a Mutual Savings Bank to a Mutual Holding Company and Stock Issuance Plan (the “Plan”). The Plan is subject to the approval of the Board of Governors of the Federal Reserve System and must be approved by the affirmative vote of a majority of the total votes eligible to be cast by the voting members of the Bank at a special meeting. Pursuant to the Plan, the Bank proposes to reorganize into a mutual holding company form of ownership. The Bank will convert to a stock savings bank and issue all of its outstanding stock to the Company. Pursuant to the Plan, the Company will sell stock to the public, with the total offering value and number of shares of common stock based upon an independent appraiser’s valuation. The stock will be priced at $10.00 per share. In addition, the Bank’s Board of Directors will adopt an employee stock ownership plan (“ESOP”), which will subscribe for up to 3.92% of the common stock of the Company to be outstanding upon the completion of the reorganization and stock issuance. The Company will be organized as a corporation under the laws of the United States and will offer 45% of its common stock to be outstanding to the Bank’s eligible members, the ESOP and certain other persons, including shares contributed to a charitable foundation being established and funded by the Bank in connection with mutual holding company reorganization. FFBW, MHC will be organized as a mutual holding company under the laws of the United States and will own 55% of the Company’s common stock to be outstanding upon completion of the reorganization and stock issuance. The cost of the reorganization and the issuing of the common stock will be deferred and deducted from the sales proceeds of the offering.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 8 – Subsequent Events Management has reviewed operations for potential disclosure of information or financial statement impacts related to events occurring after June 30, 2017 but prior to the release of these financial statements. The following events are considered significant: As a result of the Plan, the Company has received $33,948,000 in orders and will issue $29,596,250. The cost of the reorganization and the issuing of the common stock will be deferred and deducted from the sales proceeds of the offering. Additionally, the former branch office located in downtown Waukesha was donated to a local not-for-profit, La Casa de Esperanza, in July 2017, resulting in an expense of approximately 283,000.

Available for Sale Securities (

Available for Sale Securities (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized costs and fair values of available for sale securities	Amortized Cost Gross Unrealized Gross Unrealized Estimated Fair June 30, 2017 Obligations of the US government and US government sponsored agencies $ 3,107 $ 35 $ - $ 3,142 Obligations of states and political subdivisions 12,409 145 (66 ) 12,488 Mortgage-backed securities 22,930 44 (211 ) 22,763 Certificates of deposit 3,000 23 (3 ) 3,020 Corporate debt securities 4,622 47 (1 ) 4,668 Total available for sale securities $ 46,068 $ 294 $ (281 ) $ 46,081 December 31, 2016 Obligations of the US government and US government sponsored agencies $ 3,885 $ 36 $ (2 ) $ 3,919 Obligations of states and political subdivisions 15,606 104 (148 ) 15,562 Mortgage-backed securities 23,155 39 (302 ) 22,892 Certificates of deposit 1,000 17 (3 ) 1,014 Corporate debt securities 5,159 76 (9 ) 5,226 Total available for sale securities $ 48,805 $ 272 $ (464 ) $ 48,613
Schedule of gross unrealized losses	Less Than 12 Months 12 Months or More Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized June 30, 2017 Obligations of states and political subdivisions $ 3,368 $ (66 ) $ - $ - $ 3,368 $ (66 ) Mortgage-backed securities 15,421 (198 ) 1,045 (13 ) 16,466 (211 ) Certificates of deposit 247 (3 ) - - 247 (3 ) Corporate debt securities - - 249 (1 ) 249 (1 ) Total $ 19,036 $ (267 ) $ 1,294 $ (14 ) $ 20,330 $ (281 ) December 31, 2016 Obligations of the US government and US government sponsored agencies $ 733 $ (1 ) $ 179 $ (1 ) $ 912 $ (2 ) Obligations of states and political subdivisions 7,087 (148 ) - - 7,087 (148 ) Mortgage-backed securities 15,370 (278 ) 1,365 (24 ) 16,735 (302 ) Certificates of deposit 247 (3 ) - - 247 (3 ) Corporate debt securities 1,590 (8 ) 249 (1 ) 1,839 (9 ) Total $ 25,027 $ (438 ) $ 1,793 $ (26 ) $ 26,820 $ (464 )
Schedule of amortized cost and fair value of held to maturity securities by contractual maturity	June 30, 2017 Amortized Cost Fair Value Due in one year or less $ 912 $ 916 Due after one year through 5 years 9,375 9,461 Due after 5 years through 10 years 5,153 5,220 Due after 10 years 7,698 7,721 Subtotal $ 23,138 $ 23,318 Mortgage-backed securities 22,930 22,763 Total $ 46,068 $ 46,081

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of classifications of loans	December 31, June 30, 2017 2016 Commercial Development $ 2,300 $ 2,526 Real estate 47,087 42,276 Commercial and industrial 8,535 7,617 Residential real estate and consumer 1-4 family owner-occupied 47,508 50,284 1-4 family investor-owned 33,435 34,633 Multifamily 31,196 31,905 Consumer 1,980 1,582 Subtotal $ 172,041 $ 170,823 Deferred loan fees $ (81 ) $ (88 ) Loans in process (4,112 ) (2,283 ) Allowance for loan losses (1,519 ) (1,478 ) Net Loans $ 166,329 $ 166,974
Schedule of analysis of the allowance for loan losses	Three Months Ended Commercial Residential real Total Balance at March 31, 2017 $ 468 $ 1,010 $ 1,478 Provision for loan losses 37 15 52 Loans charged off - (11 ) (11 ) Recoveries of loans previously charged off - - - Balance at June 30, 2017 $ 505 $ 1,014 $ 1,519 Balance at March 31, 2016 $ 567 $ 995 $ 1,562 Provision for loan losses 7 15 22 Loans charged off - (37 ) (37 ) Recoveries of loans previously charged off - - - Balance at June 30, 2016 $ 574 $ 973 $ 1,547 Six Months Ended Commercial Residential real Total Balance at December 31, 2016 $ 348 $ 1,130 $ 1,478 Provision for loan losses 157 (54 ) 103 Loans charged off - (97 ) (97 ) Recoveries of loans previously charged off - 35 35 Balance at June 30, 2017 $ 505 $ 1,014 $ 1,519 Balance at December 31, 2015 497 1,054 1,551 Provision for loan losses 77 (44 ) 33 Loans charged off - (37 ) (37 ) Recoveries of loans previously charged off - - - Balance at June 30, 2016 574 973 1,547 Commercial Residential real estate Totals Allowance for loan losses at June 30, 2017: Individually evaluated for impairment - 99 $ 99 Collectively evaluated for impairment 505 915 1,420 Total allowance for loan losses $ 505 $ 1,014 $ 1,519 Allowance for loan losses at December 31, 2016: Individually evaluated for impairment - - $ - Collectively evaluated for impairment 348 1,130 1,478 Total allowance for loan losses $ 348 $ 1,130 $ 1,478 Analysis for loans evaluated for impairment as of June 30, 2017 and December 31, 2016, follows: Loans at June 30, 2017: Commercial Residential real Totals Individually evaluated for impairment $ 207 $ 3,479 $ 3,686 Collectively evaluated for impairment 57,715 110,640 168,355 Total loans $ 57,922 $ 114,119 $ 172,041 Loans at December 31, 2016: Individually evaluated for impairment $ 141 $ 5,038 $ 5,179 Collectively evaluated for impairment 52,278 113,366 165,644 Total loans $ 52,419 $ 118,404 $ 170,823
Schedule of summary of information pertaining to impaired loans	As of June 30, 2017 Principal Recorded Related Average Interest Loans with an allowance for loan losses: Residential real estate and consumer 1-4 family owner-occupied $ 305 $ 290 $ 1 $ 276 $ - 1-4 family investor-owned 979 979 98 1,339 22 Total $ 1,284 $ 1,269 $ 99 $ 1,615 $ 22 Loans with no related allowance for loan losses: Commercial Commercial and industrial $ 213 $ 207 $ - $ 208 $ - Residential real estate and consumer 1-4 family owner-occupied 1,683 1,587 - 1,572 - 1-4 family investor-owned 717 623 - 666 3 Total $ 2,613 $ 2,417 $ - $ 2,446 $ 3 As of December 31, 2016 Principal Recorded Related Average Interest Loans with no related allowance for loan losses: Commercial Real estate $ 14 $ 14 $ - $ 14 $ 1 Commercial and industrial 129 127 - 135 - Residential real estate and consumer 1-4 family owner-occupied 2,363 2,104 - 2,310 20 1-4 family investor-owned 2,707 2,466 - 2,592 73 Multifamily 513 468 - 483 10 Total $ 5,726 $ 5,179 $ - $ 5,534 $ 104
Schedule of loan aging information	Loans Past Loans Past Nonaccrual June 30, 2017 Current Loans 30-89 Days 90+ Days Total Loans Loans Commercial Development $ 2,300 $ - $ - $ 2,300 $ - Real estate 46,940 147 - 47,087 - Commercial and industrial 8,182 353 - 8,535 - Residential real estate and consumer 1-4 family owner-occupied 47,508 - - 47,508 1,271 1-4 family investor-owned 32,935 85 415 33,435 500 Multifamily 31,196 - - 31,196 - Consumer 1,980 - - 1,980 - Total $ 171,041 $ 585 $ 415 $ 172,041 $ 1,771 Loans Past Loans Past Nonaccrual December 31, 2016 Current Loans 30-89 Days 90+ Days Total Loans Loans Commercial Development $ 2,526 $ - $ - $ 2,526 $ - Real estate 42,276 - - 42,276 - Commercial and industrial 7,563 54 - 7,617 126 Residential real estate and consumer 1-4 family owner-occupied 48,134 1,743 407 50,284 1,698 1-4 family investor-owned 33,896 170 567 34,633 827 Multifamily 31,905 - - 31,905 248 Consumer 1,580 2 - 1,582 - Total $ 167,880 $ 1,969 $ 974 $ 170,823 $ 2,899
Commercial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of information regarding the credit quality indicators	Pass Special Substandard Doubtful Totals June 30, 2017 Development $ 2,300 $ - $ - $ - $ 2,300 Real estate 46,884 203 - - 47,087 Commercial and industrial 7,776 638 121 - 8,535 1-4 family investor-owned 31,058 1,877 415 85 33,435 Multifamily 30,957 239 - - 31,196 Totals $ 118,975 $ 2,957 $ 536 $ 85 $ 122,553 December 31, 2016 Development $ 2,526 $ - $ - $ - $ 2,526 Real estate 42,042 234 - - 42,276 Commercial and industrial 6,895 595 127 - 7,617 1-4 family investor-owned 31,114 2,709 720 90 34,633 Multifamily 31,442 220 243 - 31,905 Totals $ 114,019 $ 3,758 $ 1,090 $ 90 $ 118,957
Residential real estate and consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of information regarding the credit quality indicators	Performing Non-performing Totals June 30, 2017 1-4 family owner-occupied 46,237 1,271 47,508 Consumer 1,980 - 1,980 $ 48,217 $ 1,271 $ 49,488 December 31, 2016 1-4 family owner-occupied 48,180 2,104 50,284 Consumer 1,582 - 1,582 $ 49,762 $ 2,104 $ 51,866

Regulatory Capital Ratios (Tabl

Regulatory Capital Ratios (Tables)	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
Schedule of capital amounts and ratios	To Be Well Capitalized Actual For Capital Adequacy Under Prompt Amount Ratio Amount Ratio Amount Ratio June 30, 2017 Common Equity Tier 1 capital (to risk - $ 34,226 21.10 % $ > > % $ > > % Tier 1 capital (to risk - 34,226 21.10 % > > > > Total capital (to risk - 35,745 22.04 % > > > > Tier 1 capital (to average assets) 34,226 14.52 % > > > > December 31, 2016 Common Equity Tier 1 capital (to risk - $ 34,052 20.87 % $ > > % $ > > % Tier 1 capital (to risk - 34,052 20.87 % > > > > Total capital (to risk - 35,530 21.77 % > > > > Tier 1 capital (to average assets) 34,052 13.93 % > > > >

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on a recurring basis	Recurring Fair Value Measurements Using Assets Measured at Quoted Prices in Significant Other Significant Fair Value (Level 1) (Level 2) (Level 3) June 30, 2017 Assets - Available for sale securities 46,081 - 46,081 - December 31, 2016 Assets - Available for sale securities 48,613 - 48,613 -
Schedule of assets measured at fair value on a nonrecurring basis	Nonrecurring Fair Value Measurements Using Assets Measured Quoted Prices in Significant Other Significant Fair Value (Level 1) (Level 2) (Level 3) As of June 30, 2017 Assets Impaired loans $ 1,170 $ - $ - $ 1,170 Foreclosed assets 770 - - 770 As of December 31, 2016 Assets Foreclosed assets 667 - - 667
Schedule of carrying value and estimated fair value of financial instruments	June 30, 2017 Carrying Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents 5,779 5,779 Available for sale securities 46,081 46,081 Loans held for sale 131 131 Loans 166,329 167,463 Accrued interest receivable 716 716 Cash value of life insurance 6,458 6,458 FHLB stock 514 514 Financial liabilities: Deposits 184,954 106,933 77,492 Advance payments by borrowers for taxes and insurance 696 696 FHLB advances 14,763 14,700 Accrued interest payable 323 323 December 31, 2016 Carrying Level 1 Level 2 Level 3 Financial assets: Cash and other cash equivalents 6,912 6,912 Available for sale securities 48,614 48,614 Loans held for sale 592 592 Loans 166,974 167,628 Accrued interest receivable 760 760 Cash value of life insurance 6,352 6,352 FHLB stock 1,347 1,347 Financial liabilities: Deposits 184,639 100,142 83,907 Advance payments by borrowers for taxes and insurance 33 33 FHLB advances 21,277 21,139 Accrued interest payable 29 29

Available for Sale Securities -

Available for Sale Securities - Amortized costs and fair values of available for sale securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 46,068	$ 48,805
Gross Unrealized Gains	294	272
Gross Unrealized Losses	(281)	(464)
Estimated Fair Value	46,081	48,613
Obligations of the US government and US government sponsored agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,107	3,885
Gross Unrealized Gains	35	36
Gross Unrealized Losses		(2)
Estimated Fair Value	3,142	3,919
Obligations of states and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	12,409	15,606
Gross Unrealized Gains	145	104
Gross Unrealized Losses	(66)	(148)
Estimated Fair Value	12,488	15,562
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	22,930	23,155
Gross Unrealized Gains	44	39
Gross Unrealized Losses	(211)	(302)
Estimated Fair Value	22,763	22,892
Certificates of deposit
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,000	1,000
Gross Unrealized Gains	23	17
Gross Unrealized Losses	(3)	(3)
Estimated Fair Value	3,020	1,014
Corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	4,622	5,159
Gross Unrealized Gains	47	76
Gross Unrealized Losses	(1)	(9)
Estimated Fair Value	$ 4,668	$ 5,226

Available for Sale Securities21

Available for Sale Securities - Portion of gross unrealized losses (Details 1) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	$ 19,036	$ 25,027
Less than 12 months, Unrealized Losses	(267)	(438)
12 months or more, Fair Value	1,294	1,793
12 months or more, Unrealized Losses	(14)	(26)
Total, Fair Value	20,330	26,820
Total, Unrealized Losses	(281)	(464)
Obligations of the US government and US government sponsored agencies
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value		733
Less than 12 months, Unrealized Losses		(1)
12 months or more, Fair Value		179
12 months or more, Unrealized Losses		(1)
Total, Fair Value		912
Total, Unrealized Losses		(2)
Obligations of states and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	3,368	7,087
Less than 12 months, Unrealized Losses	(66)	(148)
Total, Fair Value	3,368	7,087
Total, Unrealized Losses	(66)	(148)
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	15,421	15,370
Less than 12 months, Unrealized Losses	(198)	(278)
12 months or more, Fair Value	1,045	1,365
12 months or more, Unrealized Losses	(13)	(24)
Total, Fair Value	16,466	16,735
Total, Unrealized Losses	(211)	(302)
Certificates of deposit
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	247	247
Less than 12 months, Unrealized Losses	(3)	(3)
Total, Fair Value	247	247
Total, Unrealized Losses	(3)	(3)
Corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value		1,590
Less than 12 months, Unrealized Losses		(8)
12 months or more, Fair Value	249	249
12 months or more, Unrealized Losses	(1)	(1)
Total, Fair Value	249	1,839
Total, Unrealized Losses	$ (1)	$ (9)

Available for Sale Securities22

Available for Sale Securities - Amortized cost and fair value of held to maturity securities by contractual maturity (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Amortized Cost
Due in one year or less	$ 912
Due after one year through 5 years	9,375
Due after 5 years through 10 years	5,153
Due after 10 years	7,698
Subtotal	23,138
Total	46,068	$ 48,805
Fair Value
Due in one year or less	916
Due after one year through 5 years	9,461
Due after 5 years through 10 years	5,220
Due after 10 years	7,721
Subtotal	23,318
Total	46,081	48,613
Mortgage-backed securities
Amortized Cost
Total	22,930	23,155
Fair Value
Total	$ 22,763	$ 22,892

Available for Sale Securities23

Available for Sale Securities (Detail Textuals) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2017USD ($)Security	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)Security
Investments, Debt and Equity Securities [Abstract]
Number of securities with aggregate depreciation | Security	51		66
Percentage of aggregate depreciation amortized cost basis	1.40%		2.00%
Proceeds from sales of securities available for sale	$ 5,906	$ 583	$ 9,484
Gross realized gains	83		132
Gross realized losses	$ 61		$ 4

Loans - Major classifications o

Loans - Major classifications of loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	$ 172,041		$ 170,823
Deferred loan fees	(81)		(88)
Loans in process	(4,112)		(2,283)
Allowance for loan losses	(1,519)	$ (1,478)	(1,478)	$ (1,547)	$ (1,562)	$ (1,551)
Net Loans	166,329		166,974
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	57,922		52,419
Allowance for loan losses	(505)	(468)	(348)	(574)	(567)	(497)
Commercial | Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	2,300		2,526
Commercial | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	47,087		42,276
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	8,535		7,617
Residential real estate and consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	114,119		118,404
Allowance for loan losses	(1,014)	$ (1,010)	(1,130)	$ (973)	$ (995)	$ (1,054)
Residential real estate and consumer | 1-4 family owner-occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	47,508		50,284
Residential real estate and consumer | 1-4 family investor-owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	33,435		34,633
Residential real estate and consumer | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	31,196		31,905
Residential real estate and consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	$ 1,980		$ 1,582

Loans - Analysis of allowance f

Loans - Analysis of allowance for loan losses (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Allowance for Loan and Lease Losses [Roll Forward]
Balance	$ 1,478	$ 1,562	$ 1,478	$ 1,551
Provision for loan losses	52	22	103	33
Loans charged off	(11)	(37)	(97)	(37)
Recoveries of loans previously charged off			35
Balance	1,519	1,547	1,519	1,547
Commercial
Allowance for Loan and Lease Losses [Roll Forward]
Balance	468	567	348	497
Provision for loan losses	37	7	157	77
Loans charged off
Recoveries of loans previously charged off
Balance	505	574	505	574
Residential real estate and consumer
Allowance for Loan and Lease Losses [Roll Forward]
Balance	1,010	995	1,130	1,054
Provision for loan losses	15	15	(54)	(44)
Loans charged off	(11)	(37)	(97)	(37)
Recoveries of loans previously charged off			35
Balance	$ 1,014	$ 973	$ 1,014	$ 973

Loans - Analysis for allowance

Loans - Analysis for allowance for loan losses evaluated for impairment (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 99
Collectively evaluated for impairment	1,420		1,478
Total allowance for loan losses	1,519	$ 1,478	1,478	$ 1,547	$ 1,562	$ 1,551
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment
Collectively evaluated for impairment	505		348
Total allowance for loan losses	505	468	348	574	567	497
Residential real estate and consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	99
Collectively evaluated for impairment	915		1,130
Total allowance for loan losses	$ 1,014	$ 1,010	$ 1,130	$ 973	$ 995	$ 1,054

Loans - Analysis for loans eval

Loans - Analysis for loans evaluated for impairment (Details 3) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 3,686	$ 5,179
Collectively evaluated for impairment	168,355	165,644
Total loans	172,041	170,823
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	207	141
Collectively evaluated for impairment	57,715	52,278
Total loans	57,922	52,419
Residential real estate and consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	3,479	5,038
Collectively evaluated for impairment	110,640	113,366
Total loans	$ 114,119	$ 118,404

Loans - Impaired financing rece

Loans - Impaired financing receivable (Details 4) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Loans with an allowance for loan losses:
Principal Balance	$ 1,284
Recorded Investment	1,269
Related Allowance	99
Average Investment	1,615
Interest Recognized	22
Loans with no related allowance for loan losses:
Principal Balance	2,613	$ 5,726
Recorded Investment	2,417	5,179
Average Investment	2,446	5,534
Interest Recognized	3	104
Commercial | Real estate
Loans with no related allowance for loan losses:
Principal Balance		14
Recorded Investment		14
Average Investment		14
Interest Recognized		1
Commercial | Commercial and industrial
Loans with no related allowance for loan losses:
Principal Balance	213	129
Recorded Investment	207	127
Average Investment	208	135
Interest Recognized
Residential real estate and consumer | 1-4 family owner-occupied
Loans with an allowance for loan losses:
Principal Balance	305
Recorded Investment	290
Related Allowance	1
Average Investment	276
Interest Recognized
Loans with no related allowance for loan losses:
Principal Balance	1,683	2,363
Recorded Investment	1,587	2,104
Average Investment	1,572	2,310
Interest Recognized		20
Residential real estate and consumer | 1-4 family investor-owned
Loans with an allowance for loan losses:
Principal Balance	979
Recorded Investment	979
Related Allowance	98
Average Investment	1,339
Interest Recognized	22
Loans with no related allowance for loan losses:
Principal Balance	717	2,707
Recorded Investment	623	2,466
Average Investment	666	2,592
Interest Recognized	$ 3	73
Residential real estate and consumer | Multifamily
Loans with no related allowance for loan losses:
Principal Balance		513
Recorded Investment		468
Average Investment		483
Interest Recognized		$ 10

Loans - Information regarding c

Loans - Information regarding credit quality indicators for commercial loans by class (Details 5) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	$ 122,553	$ 118,957
Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	118,975	114,019
Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	2,957	3,758
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	536	1,090
Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	85	90
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	57,922	52,419
Commercial | Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	2,300	2,526
Commercial | Development | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	2,300	2,526
Commercial | Development | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators
Commercial | Development | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators
Commercial | Development | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators
Commercial | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	47,087	42,276
Commercial | Real estate | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	46,884	42,042
Commercial | Real estate | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	203	234
Commercial | Real estate | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators
Commercial | Real estate | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	8,535	7,617
Commercial | Commercial and industrial | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	7,776	6,895
Commercial | Commercial and industrial | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	638	595
Commercial | Commercial and industrial | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	121	127
Commercial | Commercial and industrial | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators
Residential real estate and consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	114,119	118,404
Residential real estate and consumer | 1-4 family investor-owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	33,435	34,633
Residential real estate and consumer | 1-4 family investor-owned | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	31,058	31,114
Residential real estate and consumer | 1-4 family investor-owned | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	1,877	2,709
Residential real estate and consumer | 1-4 family investor-owned | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	415	720
Residential real estate and consumer | 1-4 family investor-owned | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	85	90
Residential real estate and consumer | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	31,196	31,905
Residential real estate and consumer | Multifamily | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	30,957	31,442
Residential real estate and consumer | Multifamily | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators	239	220
Residential real estate and consumer | Multifamily | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators		243
Residential real estate and consumer | Multifamily | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans for credit quality indicators

Loans - Information regarding30

Loans - Information regarding credit quality indicators for residential real estate and consumer loans by class (Details 6) - Residential real estate and consumer - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	$ 49,488	$ 51,866
Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	48,217	49,762
Non-performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	1,271	2,104
1-4 family owner-occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	47,508	50,284
1-4 family owner-occupied | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	46,237	48,180
1-4 family owner-occupied | Non-performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	1,271	2,104
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	1,980	1,582
Consumer | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators	1,980	1,582
Consumer | Non-performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans For Credit Quality Indicators

Loans - Loan aging information

Loans - Loan aging information (Details 7) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	$ 171,041	$ 167,880
Loans Past Due	172,041	170,823
Nonaccrual Loans	1,771	2,899
Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due	585	1,969
Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due	415	974
Commercial | Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	2,300	2,526
Loans Past Due	2,300	2,526
Nonaccrual Loans
Commercial | Development | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due
Commercial | Development | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due
Commercial | Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	46,940	42,276
Loans Past Due	47,087	42,276
Nonaccrual Loans
Commercial | Real Estate | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due	147
Commercial | Real Estate | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due
Commercial | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	8,182	7,563
Loans Past Due	8,535	7,617
Nonaccrual Loans		126
Commercial | Commercial and industrial | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due	353	54
Commercial | Commercial and industrial | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due
Residential real estate and consumer | 1-4 family owner-occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	47,508	48,134
Loans Past Due	47,508	50,284
Nonaccrual Loans	1,271	1,698
Residential real estate and consumer | 1-4 family owner-occupied | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due		1,743
Residential real estate and consumer | 1-4 family owner-occupied | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due		407
Residential real estate and consumer | 1-4 family investor-owned
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	32,935	33,896
Loans Past Due	33,435	34,633
Nonaccrual Loans	500	827
Residential real estate and consumer | 1-4 family investor-owned | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due	85	170
Residential real estate and consumer | 1-4 family investor-owned | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due	415	567
Residential real estate and consumer | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	31,196	31,905
Loans Past Due	31,196	31,905
Nonaccrual Loans		248
Residential real estate and consumer | Multifamily | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due
Residential real estate and consumer | Multifamily | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due
Residential real estate and consumer | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	1,980	1,580
Loans Past Due	1,980	1,582
Nonaccrual Loans
Residential real estate and consumer | Consumer | Loans Past Due 30-89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due		2
Residential real estate and consumer | Consumer | Loans Past Due 90+ Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Past Due

Loans (Detail Textuals)

Loans (Detail Textuals) - Residential real estate and consumer $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)Loan
1-4 family owner-occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Pre-modification recorded investment | $	$ 88
Number of contracts | Loan	2
1-4 family investor-owned
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of contracts | Loan	3
Amount of troubled debt restructurings defaulted | $	$ 419

Regulatory Capital Ratios - Ac

Regulatory Capital Ratios - Actual capital amounts and ratios (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Banking and Thrift [Abstract]
Common Equity Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 34,226	$ 34,052
Common Equity Tier 1 capital (to risk-weighted assets), Actual, Ratio	21.10%	20.87%
Common Equity Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 7,298	$ 7,344
Common Equity Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Common Equity Tier 1 capital (to risk-weighted assets), To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 10,542	$ 10,608
Common Equity Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Percentage	6.50%	6.50%
Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 34,226	$ 34,052
Tier 1 capital (to risk-weighted assets), Actual, Ratio	21.10%	20.87%
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 9,731	$ 9,792
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 12,975	$ 13,056
Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Total capital (to risk-weighted assets), Actual, Amount	$ 35,745	$ 35,530
Total capital (to risk-weighted assets), Actual, Ratio	22.04%	21.77%
Total capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 12,975	$ 13,056
Total capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Total capital (to risk-weighted assets), To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 16,218	$ 16,320
Total capital (to risk-weighted assets), To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 capital (to average assets), Actual, Amount	$ 34,226	$ 34,052
Tier 1 capital (to average assets), Actual, Ratio	14.52%	13.93%
Tier 1 capital (to average assets), For Capital Adequacy Purposes, Amount	$ 9,429	$ 9,778
Tier 1 capital (to average assets), For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Tier 1 capital (to average assets), To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 11,786	$ 12,222
Tier 1 capital (to average assets), To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

Fair Value Measurements - Fair

Fair Value Measurements - Fair value of assets measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets - Available for sale securities	$ 46,081	$ 48,613
Assets Measured at Fair Value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets - Available for sale securities	46,081	48,614
Recurring basis | Assets Measured at Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets - Available for sale securities	46,081	48,613
Recurring basis | Assets Measured at Fair Value | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets - Available for sale securities
Recurring basis | Assets Measured at Fair Value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets - Available for sale securities	46,081	48,613
Recurring basis | Assets Measured at Fair Value | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets - Available for sale securities

Fair Value Measurements - Fai35

Fair Value Measurements - Fair value of assets measured at fair value on a nonrecurring basis (Details 1) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset	$ 1,170
Nonrecurring basis | Assets Measured at Fair Value | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset	1,170
Nonrecurring basis | Assets Measured at Fair Value | Foreclosed Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset	770	$ 667
Nonrecurring basis | Assets Measured at Fair Value | Level 1 | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset
Nonrecurring basis | Assets Measured at Fair Value | Level 1 | Foreclosed Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset
Nonrecurring basis | Assets Measured at Fair Value | Level 2 | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset
Nonrecurring basis | Assets Measured at Fair Value | Level 2 | Foreclosed Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset
Nonrecurring basis | Assets Measured at Fair Value | Level 3 | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset	1,170
Nonrecurring basis | Assets Measured at Fair Value | Level 3 | Foreclosed Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset	$ 770	$ 667

Fair Value Measurements - Carry

Fair Value Measurements - Carrying value and estimated fair value of financial instruments (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financial assets:
Available for sale securities	$ 46,081	$ 48,613
Cash value of life insurance	6,458	6,352
FHLB stock	514	1,347
Financial liabilities:
Advance payments by borrowers for taxes and insurance	696	33
Accrued interest payable	323	29
Carrying Value
Financial assets:
Cash and cash equivalents	5,779	6,912
Available for sale securities	46,081	48,614
Loans held for sale	131	592
Loans	166,329	166,974
Accrued interest receivable	716	760
Cash value of life insurance	6,458	6,352
FHLB stock	514	1,347
Financial liabilities:
Deposits	184,954	184,639
Advance payments by borrowers for taxes and insurance	696	33
FHLB advances	14,763	21,277
Accrued interest payable	323	29
Fair Value | Level 1
Financial assets:
Cash and cash equivalents	5,779	6,912
Accrued interest receivable	716
Financial liabilities:
Deposits	106,933	100,142
Advance payments by borrowers for taxes and insurance	696	33
Accrued interest payable	323	29
Fair Value | Level 2
Financial assets:
Available for sale securities	46,081	48,614
Loans held for sale	131	592
Fair Value | Level 3
Financial assets:
Loans	167,463	167,628
Accrued interest receivable		760
Cash value of life insurance	6,458	6,352
FHLB stock	514	1,347
Financial liabilities:
Deposits	77,492	83,907
FHLB advances	$ 14,700	$ 21,139

Fair Value Measurements (Detail

Fair Value Measurements (Detail Textuals) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Loans carrying amount written down estimated fair value	$ 1,269
Assets measured at fair value	1,170
Related allowance	99
Foreclosed assets	$ 770	$ 667

Plan of Reorganization (Detail

Plan of Reorganization (Detail Textuals)	6 Months Ended
	Jun. 30, 2017$ / shares
Plan of Reorganization [Abstract]
Sale of stock, price per share	$ 10
Percentage of common stock subscribe to adopt employee stock ownership plan	3.92%
Percentage of common stock outstanding to bank eligible members	45.00%
Percentage of common stock to be outstanding upon completion of the reorganization and stock issuance	55.00%

Subsequent Events (Detail Textu

Subsequent Events (Detail Textuals) - Subsequent Events	1 Months Ended
	Jul. 31, 2017USD ($)
Subsequent Event [Line Items]
Amount received	$ 33,948,000
Issuance of common stock	29,596,250
Donation expense	$ 283,000