SSB Bancorp (SSBP) 10-Q 13 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 13, 2019
Document And Entity Information
Entity Registrant Name	SSB Bancorp, Inc.
Entity Central Index Key	0001716188
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		2,248,250
Trading Symbol	SSBP
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2019

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 2,315,615	$ 2,428,542
Interest-bearing deposits with other financial institutions	18,020,415	6,605,528
Cash and cash equivalents	20,336,030	9,034,070
Certificates of deposit	1,245,000	846,000
Securities available for sale	8,709,848	9,068,101
Securities held to maturity (fair value of $5,808, and $6,478, respectively)	5,743	6,394
Loans	155,021,747	159,654,582
Allowance for loan losses	(1,119,225)	(1,124,925)
Net loans	153,902,522	158,529,657
Accrued interest receivable	662,147	639,474
Federal Home Loan Bank stock, at cost	2,715,700	2,651,400
Premises and equipment, net	4,341,183	4,335,514
Bank-owned life insurance	2,445,134	2,429,014
Deferred tax asset, net	283,803	312,623
Prepaid reorganization and stock issuance costs
Other assets	940,081	940,098
TOTAL ASSETS	195,587,191	188,792,345
Deposits:
Noninterest-bearing demand	5,769,171	5,698,782
Interest-bearing demand	9,019,635	8,386,431
Money market	18,610,278	16,020,446
Savings	13,921,975	12,883,970
Time	95,212,834	93,119,137
Total deposits	142,533,893	136,108,766
Federal Home Loan Bank advances	31,374,500	31,374,500
Advances by borrowers for taxes and insurance	796,446	685,195
Accrued interest payable	258,091	255,486
Other liabilities	73,442	49,311
TOTAL LIABILITIES	175,036,372	168,473,258
STOCKHOLDERS' EQUITY
Preferred Stock: $0.01 par value per share: 5,000,000 shares authorized and no shares issued or outstanding
Common Stock: 20,000,000 shares authorized and 2,248,250 shares issued and outstanding at $0.01 par value	22,483	22,483
Paid-in capital	8,692,555	8,692,971
Retained earnings	12,628,214	12,515,501
Unearned Employee Stock Ownership Plan (ESOP)	(826,229)	(837,245)
Accumulated other comprehensive gain (loss)	33,796	(74,623)
TOTAL STOCKHOLDERS' EQUITY	20,550,819	20,319,087
TOTAL LIABILITIES AND STOCKHOLERS' EQUITY	$ 195,587,191	$ 188,792,345

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Fair value of held-to-maturity securities	$ 5,808	$ 6,478
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	2,248,250	2,248,250
Common stock, shares outstanding	2,248,250	2,248,250
Common stock, par value	$ 0.01	$ 0.01

Consolidated Statements of Net

Consolidated Statements of Net Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
INTEREST INCOME
Loans, including fees	$ 1,832,246	$ 1,568,981
Interest-bearing deposits with other financial institutions	65,334	11,879
Certificates of deposit	4,317	3,270
Investment securities:
Taxable	109,164	42,147
Exempt from federal income tax	8,233	8,585
Total interest income	2,019,294	1,634,862
INTEREST EXPENSE
Deposits	709,108	469,038
Federal Home Loan Bank advances	216,640	154,053
Total interest expense	925,748	623,091
NET INTEREST INCOME	1,093,546	1,011,771
Provision for loan losses	45,500	40,000
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	1,048,046	971,771
NONINTEREST INCOME
Securities gains, net	5,791
Provision for loss on loans held for sale
Gain on sale of loans	64,631	24,020
Loan servicing fees	39,414	34,720
Earnings on bank-owned life insurance	16,120	17,432
Other	13,322	15,582
Total noninterest income	139,278	91,754
NONINTEREST EXPENSE
Salaries and employee benefits	462,627	375,533
Occupancy	100,352	91,061
Professional fees	132,675	249,197
Federal deposit insurance	49,000	45,000
Data processing	96,342	77,073
Director fees	32,494	32,494
Contributions and donations	17,519	16,300
Other	150,315	119,546
Total noninterest expense	1,041,324	1,006,204
Income before income taxes	146,000	57,321
Provision for income taxes	33,287	10,071
NET INCOME	$ 112,713	$ 47,250
EARNINGS PER COMMON SHARE
Basic	$ 0.05
Diluted	$ 0.05
AVERAGE COMMON SHARES OUTSTANDING
Basic	2,165,076
Diluted	2,165,076
DIVIDENDS DECLARED PER COMMON SHARE
COMPREHENSIVE INCOME	$ 221,132	$ 24,401

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 112,713	$ 47,250
Other comprehensive income (loss):
Net change in unrealized gain (loss) on available-for-sale securities	143,030	(28,922)
Income tax effect	(30,036)	6,073
Reclassification adjustment for net securities gains recognized in income	(5,791)
Income tax effect included in provision for income taxes	1,216
Other comprehensive income (loss), net of tax	108,419	(22,849)
Total comprehensive income	$ 221,132	$ 24,401

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Paid-in Capital [Member]	Retained Earnings [Member]	Unearned Employee Stock Ownership Plan [Member]	Accumulated Other Comprehensive Loss [Member]	Total
Balance at Dec. 31, 2017			$ 12,135,085		$ (23,487)	$ 12,111,598
Net income			380,416
Other comprehensive income					(51,136)
Net proceeds from stock offering (2,248,250 shares issued)	22,483	8,696,044
Purchase of ESOP shares (88,131 shares purchased)				(881,310)
Amortizaton of ESOP		(3,073)		44,065
Balance at Dec. 31, 2018	22,483	8,692,971	12,515,501	(837,245)	(74,623)	20,319,087
Net income			112,713			112,713
Other comprehensive income					108,419	108,419
Amortizaton of ESOP		(1,421)		11,016		9,595
Refund on offering expenses		1,005				1,005
Balance at Mar. 31, 2019	$ 22,483	$ 8,692,555	$ 12,628,214	$ (826,229)	$ 33,796	$ 20,550,819

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Number of common stock share issued		2,248,250
Number of ESOP share issued	88,131	88,131

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
OPERATING ACTIVITIES
Net income	$ 112,713	$ 47,250
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	45,500	40,000
Depreciation	41,025	36,258
Net amortization of investment securities	6,622	1,958
Loss on sale of portfolio loans	12,178
Origination of loans held for sale	(3,255,550)	(1,763,700)
Proceeds from sale of loans	3,332,359	1,787,720
Gain on sale of loans	(76,809)	(24,020)
Deferred income tax provision		6,074
Gain on sale of investments	(5,791)
Increase in accrued interest receivable	(22,673)	(36,788)
Increase (decrease) in accrued interest payable	2,605	(3,246)
Amortization of ESOP	9,595
Increase in bank owned life insurance	(16,120)	(17,432)
Other, net	24,148	783,022
Net cash provided by (used in) operating activities	209,802	857,096
INVESTING ACTIVITIES
Purchase of certificates of deposit	(747,000)
Redemption of certificates of deposit	348,000	100,000
Investment securities available for sale:
Proceeds from sales	254,377
Proceeds from principal repayments, calls, and maturities	240,284	72,093
Investment securities held to maturity:
Proceeds from principal repayments, calls, and maturities	651	984
Redemption of Federal Home Loan Bank stock	5,000	4,500
Purchase of Federal Home Loan Bank stock	(69,300)	(66,500)
Purchases of loans	(382,000)	(2,026,514)
Decrease (increase) in loans receivable, net	1,381,930	(858,107)
Proceeds from sale of portfolio loans	3,569,527
Purchases of premises and equipment	(46,694)	(46,741)
Net cash (used for) provided by investing activities	4,554,775	(2,820,285)
FINANCING ACTIVITIES
Increase (decrease) in deposits, net	6,425,127	(14,037,287)
Increase in advances by borrowers for taxes and insurance	111,251	19,125
Net proceeds from stock offering		7,900,968
Refund on offering expenses	1,005
Net cash provided by (used in) financing activities	6,537,383	(6,117,194)
Increase (decrease) in cash and cash equivalents	11,301,960	(8,080,383)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	9,034,070	16,478,066
CASH AND CASH EQUIVALENTS AT END OF PERIOD	20,336,030	8,397,683
Cash paid during the year for:
Interest	923,143	626,337
Income taxes
Noncash investing activities:
Loans held for investment transferred to loans held for sale	$ 3,581,705

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	3 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Basis of Presentation	1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION SSB Bancorp, Inc. SSB Bancorp, Inc. (the “Company”) was incorporated on August 17, 2017 to serve as the subsidiary stock holding company for SSB Bank upon the reorganization of SSB Bank into a mutual holding company structure (the “Reorganization”). The Reorganization was completed effective January 24, 2018, with SSB Bank becoming the wholly-owned subsidiary of SSB Bancorp, Inc., and SSB Bancorp, Inc. becoming the majority-owned subsidiary of SSB Bancorp, MHC. In connection with the Reorganization, the Company sold 1,011,712 shares of common stock at an offering price of $10 per share. The Company’s stock began being quoted for listing on the OTC Pink Market on January 25, 2018, under the symbol “SSBP”. Also, in connection with the Reorganization, the Bank established an employee stock ownership plan (the “ESOP”), which purchased 88,131 shares of the Company’s common stock at a price of $10 per share. In the Reorganization, the Company also issued 1,236,538 shares of its common stock to SSB Bancorp, MHC. SSB Bank SSB Bank (the “Bank”) provides a variety of financial services to individuals and corporate customers through its offices in Pittsburgh, Pennsylvania. The Bank’s primary deposit products are passbook savings accounts, money market accounts, and certificates of deposit. Its primary lending products are commercial mortgage loan and single-family residential loans. The Bank is subject to regulation and supervision by the Federal Deposit Insurance Corporation (FDIC) and the Pennsylvania Department of Banking and Securities. The interim financial statements at March 31, 2019, and for the three months ended March 31, 2019 and 2018, are unaudited and reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. Such adjustments are the only adjustments reflected in the accompanying interim financial statements. The results of operations for the three months ended March 31, 2019, are not necessarily indicative of the results to be achieved for the remainder of the year ending December 31, 2019, or any other period. The financial statements at December 31, 2018, are audited. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Balance Sheet and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. For further information, refer to the audited consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018. The consolidated financial statements include the accounts of SSB Bancorp, Inc. and SSB Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. Financial information for the periods before the Reorganization on January 24, 2018 is that of SSB Bank only.

Recent Accounting Standards

Recent Accounting Standards	3 Months Ended
	Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Standards	2. RECENT ACCOUNTING STANDARDS On April 5, 2012, the Jumpstart Our Business Startups Act (the “JOBS Act”) was signed into law. The JOBS Act contains provisions that, among other things, reduce certain reporting requirements for qualifying public companies and define an “emerging growth company.” As an emerging growth company, the Company may delay adoption of new or revised financial accounting standards until such date that the standards are required to be adopted by non-issuer companies. If such standards would not apply to non-issuer companies, no deferral would be applicable. The Company has elected to take advantage of the benefits of extended transition periods. Accordingly, the Company’s consolidated financial statements may not be comparable to those of public companies that adopt new or revised financial accounting standards as of an earlier date. The effective dates of the following recent accounting standards reflect those that relate to non-issuer companies. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers , Revenue Recognition In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In September 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments In January 2017, the FASB issued ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments—Equity Method and Joint Ventures (Topic 323), Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings , Revenue from Contracts with Customers (Topic 606); , Leases (Topic 842); , Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20). In February 2018, the FASB issued Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.

Securities Available for Sale

Securities Available for Sale	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Securities Available for Sale	3. SECURITIES AVAILABLE FOR SALE The amortized cost, gross unrealized gains and losses, and fair values of securities available for sale are as follows: March 31, 2019 (unaudited) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 3,736,580 $ 12,590 $ (8,290 ) $ 3,740,880 Obligations of state and political subdivisions 1,539,748 762 (7,176 ) 1,533,334 Corporate bonds 3,198,997 44,880 (244 ) 3,243,633 U.S. treasury securities 192,145 - (144 ) 192,001 Total $ 8,667,470 $ 58,232 $ (15,854 ) $ 8,709,848 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 3,883,220 $ 495 $ (18,635 ) $ 3,865,080 Obligations of state and political subdivisions 1,540,053 153 (38,244 ) 1,501,962 Corporate bonds 3,547,246 - (38,511 ) 3,508,735 U.S. treasury securities 192,443 5 (124 ) 192,324 Total $ 9,162,962 $ 653 $ (95,514 ) $ 9,068,101 The amortized cost and fair value of investment securities available for sale by contractual maturity are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Mortgage-backed securities provide for periodic payments of principal and interest and have contractual maturities ranging from less than 1 year to 25 years. Due to expected repayment terms being significantly less than the underlying mortgage pool contractual maturities, estimated lives of these securities could be significantly shorter. March 31, 2019 (unaudited) Amortized Cost Fair Value Due within one year or less $ 347,634 $ 347,233 Due after one year through five years 3,146,476 3,184,338 Due after five years through ten years 1,495,551 1,496,983 Due after ten years 3,677,809 3,681,294 Total $ 8,667,470 $ 8,709,848 For the three months ended March 31, 2019, there was 1 corporate bond sold with a total amortized cost of $248,584 and an associated gain on sale of $5,791. The proceeds of the sale were $254,375. For the three months ended March 31, 2018, there were no sales of investment securities available for sale.

Securities Held to Maturity

Securities Held to Maturity	3 Months Ended
	Mar. 31, 2019
Securities Held To Maturity
Securities Held to Maturity	4. SECURITIES HELD TO MATURITY The amortized cost, gross unrealized gains and losses, and fair values of securities held to maturity are as follows: March 31, 2019 (unaudited) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 5,743 $ 65 $ - $ 5,808 Total $ 5,743 $ 65 $ - $ 5,808 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 6,394 $ 84 $ - $ 6,478 Total $ 6,394 $ 84 $ - $ 6,478 The amortized cost and fair value of mortgage-backed securities by contractual maturity are shown below. Mortgage-backed securities provide for periodic payments of principal and interest and have contractual maturities ranging up to 9 years. Due to expected repayment terms being less than the underlying mortgage pool contractual maturities, estimated lives of these securities could be significantly shorter. March 31, 2019 (unaudited) Amortized Cost Fair Value Due within one year or less $ - $ - Due after one year through five years 4,313 4,334 Due after five years through nine years 1,430 1,474 Total $ 5,743 $ 5,808

Unrealized Losses on Securities

Unrealized Losses on Securities	3 Months Ended
	Mar. 31, 2019
Unrealized Losses On Securities
Unrealized Losses on Securities	5. UNREALIZED LOSSES ON SECURITIES The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position: March 31, 2019 (unaudited) Less than Twelve Months Twelve Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. treasury securities $ 106,002 $ (64 ) $ 86,000 $ (80 ) $ 192,002 $ (144 ) Mortgage-backed securities in government-sponsored entities - - 802,705 (8,290 ) 802,705 (8,290 ) Obligations of state and political subdivisions 30,273 (20 ) 1,287,048 (7,156 ) 1,317,321 (7,176 ) Corporate bonds - - 99,762 (244 ) 99,762 (244 ) Total $ 136,275 $ (84 ) $ 2,275,515 $ (15,770 ) $ 2,411,790 $ (15,854 ) December 31, 2018 Less than Twelve Months Twelve Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. treasury securities $ 159,275 $ (124 ) $ - $ - $ 159,275 $ (124 ) Mortgage-backed securities in government-sponsored entities 3,458,555 (7,806 ) 341,423 (10,829 ) 3,799,978 (18,635 ) Obligations of state and political subdivisions 55,708 (34 ) 1,397,740 (38,210 ) 1,453,448 (38,244 ) Corporate bonds 3,309,271 (37,959 ) 199,464 (552 ) 3,508,735 (38,511 ) Total $ 6,982,809 $ (45,923 ) $ 1,938,627 $ (49,591 ) $ 8,921,436 $ (95,514 ) Management reviews the Bank’s investment positions monthly. There were 12 investments that were temporarily impaired as of March 31, 2019, with aggregate depreciation of less than 1 percent of the Bank’s amortized cost basis. There were 25 investments that were temporarily impaired as of December 31, 2018, with aggregate depreciation of less than 2 percent from the Company’s amortized cost basis. Management has asserted that at March 31, 2019 and December 31, 2018, the declines outlined in the above table represent temporary declines and the Bank does not intend to sell and does not believe it will be required to sell these securities before recovery of their cost basis, which may be at maturity. The Company has concluded that any impairment of its investment securities portfolio outlined in the above table is not other-than-temporary and the declines are the result of interest rate changes, sector credit rating changes, or company-specific rating changes that are not expected to result in the non-collection of principal and interest during the period.

Loans

Loans	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Loans	6. LOANS The Bank’s loan portfolio summarized by category is as follows: March 31, 2019 December 31, 2018 (unaudited) Mortgage loans: One-to-four family $ 72,575,461 $ 75,520,850 Commercial 56,801,968 59,494,384 129,377,429 135,015,234 Commercial and industrial 19,603,251 19,166,207 Consumer 5,984,579 5,404,216 154,965,259 159,585,657 Third-party loan acquisition and other net origination costs 249,953 268,101 Discount on loans previously held for sale (193,465 ) (199,176 ) Allowance for loan losses (1,119,225 ) (1,124,925 ) Total $ 153,902,522 $ 158,529,657 The Bank’s primary business activity is with customers located in Pittsburgh and surrounding communities. The Bank’s loan portfolio consists predominantly of one-to-four family mortgage and commercial mortgage loans. These loans are typically secured by first-lien positions on the respective real estate properties and are subject to the Bank’s underwriting policies. During the normal course of business, the Bank may sell a portion of a loan as a participation loan in order to manage portfolio risk. In order to be eligible for sales treatment, all cash flows from the loan must be divided proportionately, the rights of each loan holder must have the same priority, the loan holders must have no recourse to the transferor other than standard representations and warranties, and no loan holder can have the right to pledge or exchange the entire loan. The Bank had transferred $11.0 million and $7.5 million in participation loans as of March 31, 2019 and December 31, 2018, respectively, to other financial institutions. As of March 31, 2019, and December 31, 2018, all these loans were being serviced by the Bank.

Allowance for Loan Losses

Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Allowance for Loan Losses	7. ALLOWANCE FOR LOAN LOSSES The allowance reflects management’s estimate of loan losses inherent in the loan portfolio at the balance sheet date. The following tables present, by portfolio segment, the changes in the allowance for loan losses and the recorded investment in loans for the three ended March 31, 2019 (unaudited) and 2018 (unaudited), respectively: Three months ended March 31, 2019: Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total Allowance for loan losses: Beginning balance $ 422,539 $ 393,900 $ 263,721 $ 44,765 $ 1,124,925 Charge-offs (28,268 ) (22,932 ) - - (51,200 ) Recoveries - - - - - Provision (credit) 42,304 4,175 (2,706 ) 1,727 45,500 Ending balance $ 436,575 $ 375,143 $ 261,015 $ 46,492 $ 1,119,225 Three months ended March 31, 2018: Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total Allowance for loan losses: Beginning balance $ 513,846 $ 383,535 $ 80,854 $ 63,210 $ 1,041,445 Charge-offs (16,429 ) - - - (16,429 ) Recoveries - - - - - Provision (credit) 17,312 26,592 5,248 (9,152 ) 40,000 Ending balance $ 514,729 $ 410,127 $ 86,102 $ 54,058 $ 1,065,016 The following tables summarize the loan portfolio and allowance for loan losses by the primary segments of the loan portfolio as of March 31, 2019 (unaudited), and December 31, 2018. Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total March 31, 2019 Allowance for loan losses: Loans deemed impaired 42,961 - - - 42,961 Loans not deemed impaired 393,614 375,143 261,015 46,492 1,076,264 Ending Balance 436,575 375,143 261,015 46,492 1,119,225 March 31, 2019 Loans: Loans deemed impaired 2,000,151 1,763,219 155,660 6,195 3,925,225 Loans not deemed impaired 70,575,310 55,038,749 19,447,591 5,978,384 151,040,034 Ending Balance 72,575,461 56,801,968 19,603,251 5,984,579 154,965,259 Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total December 31, 2018 Allowance for loan losses: Loans deemed impaired 28,136 - - - 28,136 Loans not deemed impaired 394,403 393,900 263,721 44,765 1,096,789 Ending Balance 422,539 393,900 263,721 44,765 1,124,925 December 31, 2018 Loans: Loans deemed impaired 2,486,210 1,768,845 155,660 1,195 4,411,910 Loans not deemed impaired 73,034,640 57,725,539 19,010,547 5,403,021 155,173,747 Ending Balance 75,520,850 59,494,384 19,166,207 5,404,216 159,585,657 The following tables present impaired loans by class as of March 31, 2019, and December 31, 2018, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary. March 31, 2019 (unaudited) December 31, 2018 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance With no allowance recorded: Mortgage loans: One-to-four family $ 1,833,610 $ 1,833,610 $ - $ 2,211,525 $ 2,211,525 $ - Commercial $ 1,763,219 $ 1,763,219 - $ 1,768,845 $ 1,768,845 - Commercial and Industrial $ 155,660 $ 155,660 - $ 155,660 $ 155,660 - Consumer and HELOC $ 6,195 $ 6,195 - $ 1,195 $ 1,195 - With an allowance recorded: Mortgage loans: One-to-four family 166,541 166,541 42,961 274,685 274,685 28,136 Commercial - - - - - - Commercial and Industrial - - - - - - Consumer and HELOC - - - - - - Total mortgage loans: One-to-four family 2,000,151 2,000,151 42,961 2,486,210 2,486,210 28,136 Commercial 1,763,219 1,763,219 - 1,768,845 1,768,845 - Commercial and Industrial 155,660 155,660 - 155,660 155,660 - Consumer and HELOC 6,195 6,195 - 1,195 1,195 - Total $ 3,925,225 $ 3,925,225 $ 42,961 $ 4,411,910 $ 4,411,910 $ 28,136 The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated. Three Months Ended March 31, 2019 Three Months Ended March 31, 2018 (unaudited) (unaudited) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no allowance recorded: Mortgage loans: One-to-four family $ 1,789,634 $ 14,931 $ 1,889,111 $ 432 Commercial 1,764,581 9,295 1,119,960 466 Commercial and industrial 155,660 - 144,486 - Consumer and HELOC 6,195 - 14,006 - With an allowance recorded: Mortgage loans: One-to-four family 308,916 810 398,413 3,419 Commercial - - - - Commercial and industrial - - - - Consumer and HELOC - - 29,245 - Total mortgage loans: One-to-four family 2,098,550 15,741 2,287,524 3,851 Commercial 1,764,581 9,295 1,119,960 466 Commercial and industrial 155,660 - 144,486 - Consumer and HELOC 6,195 - 43,251 - Total $ 4,024,986 $ 25,036 $ 3,595,221 $ 4,317 Aging Analysis of Past-Due Loans by Class Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the aging categories at the dates indicated: March 31, 2019 (unaudited) 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Receivable 90 Days or Greater Still Accruing Mortgage loans: One-to-four family $ 1,128,239 557,774 1,549,676 3,235,689 $ 69,339,772 $ 72,575,461 $ - Commercial 321,358 - 941,072 1,262,430 55,539,538 56,801,968 - Commercial and industrial 145,260 - 155,660 300,920 19,302,331 19,603,251 - Consumer and HELOC 29,731 - 6,195 35,926 5,948,653 5,984,579 - Total $ 1,624,588 $ 557,774 $ 2,652,603 $ 4,834,965 $ 150,130,294 $ 154,965,259 $ - December 31, 2018 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Receivable 90 Days or Greater Still Accruing Mortgage loans: One-to-four family $ 305,412 624,784 1,701,044 2,631,240 $ 72,889,610 $ 75,520,850 $ - Commercial - - 1,094,376 1,094,376 58,400,008 59,494,384 - Commercial and industrial - - 155,660 155,660 19,010,547 19,166,207 - Consumer and HELOC - - 1,195 1,195 5,403,021 5,404,216 - Total $ 305,412 $ 624,784 $ 2,952,275 $ 3,882,471 $ 155,703,186 $ 159,585,657 $ - The following table presents the loans on nonaccrual status, by class: March 31, December 31, 2019 2018 (unaudited) Mortgage loans: One-to-four family $ 1,805,450 $ 2,302,267 Commercial 895,386 1,094,376 Commercial and industrial 155,660 155,660 Consumer and HELOC 6,195 1,195 Total $ 2,862,691 $ 3,553,498 Credit Quality Information The Bank categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Bank analyzes commercial loans individually by classifying the loans as to their credit risk. The Bank uses a nine-grade internal loan rating system for commercial mortgage loans and commercial and industrial loans as follows: ● Loans rated 1, 2, 3, 4, and 5: ● Loans rated 6: ● Loans rated 7: ● Loans rated 8: ● Loans rated 9: Credit Quality Information The risk category of loans by class is as follows: March 31, 2019 (unaudited) December 31, 2018 Mortgage Commercial and Mortgage Commercial and Commercial Industrial Commercial Industrial Loans rated 1 - 5 $ 55,234,860 $ 15,465,122 $ 57,773,482 $ 15,028,078 Loans rated 6 - 3,982,469 - 3,982,469 Loans rated 7 1,567,108 155,660 1,720,902 155,660 Ending balance $ 56,801,968 $ 19,603,251 $ 59,494,384 $ 19,166,207 There were no loans classified as doubtful or loss at March 31, 2019, or December 31, 2018. For one-to-four family mortgage and consumer and HELOC loans, the Bank evaluates credit quality based on whether the loan is considered to be performing or nonperforming. Loans are generally considered to be nonperforming when they are placed on nonaccrual or become 90 days past due. The following table presents the balances of loans by class based on payment performance: March 31, 2019 (unaudited) December 31, 2018 Mortgage Consumer Mortgage Consumer One-to-Four and One-to-Four and Family HELOC Family HELOC Performing $ 70,770,011 $ 5,978,384 $ 73,218,583 $ 5,403,021 Nonperforming 1,805,450 6,195 2,302,267 1,195 Total $ 72,575,461 $ 5,984,579 $ 75,520,850 $ 5,404,216 Troubled Debt Restructurings There were no loans modified as troubled debt restructurings during the three months ended March 31, 2019 or 2018. As of March 31, 2019, and December 31, 2018, the Bank allocated $42,961 and $1,980, respectively, within the allowance for loan losses related to all loans modified as troubled debt restructurings. The Bank did not have any loans modified as a troubled debt restructuring in the preceding 12 months that subsequently defaulted in the current reporting period.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	3 Months Ended
	Mar. 31, 2019
Employee Stock Ownership Plan (ESOP), Shares in ESOP [Abstract]
Employee Stock Ownership Plan	8. EMPLOYEE STOCK OWNERSHIP PLAN The Bank established a tax qualified Employee Stock Ownership Plan (“ESOP”) for the benefit of its employees in conjunction with the Reorganization effective on January 24, 2018. Eligible employees become 20% vested in their accounts after two years of service, 40% after three years of service, 60% after four years of service, 80% after five years of service, and 100% after six years of service, or earlier, upon death, disability or attainment of normal retirement age. The ESOP purchased 88,131 shares of Company common stock, which was funded by a loan from the Company. Unreleased ESOP shares collateralize the loan payable, and the cost of the shares is recorded as a contra-equity account in the stockholders’ equity of the Company. Shares are to be released as debt payments are made by the ESOP to the loan. The ESOP’s sources of repayment of the loan can include dividends, if any, on the unallocated stock held by the ESOP and discretionary contributions from the Company to the ESOP and earnings thereon. Compensation expense is equal to the fair value of the shares committed to be released and unallocated ESOP shares are excluded from outstanding shares for purposes of computing earnings per share. During the three months ended March 31, 2019, the Company recognized $9,595 in compensation expense.

Regulatory Capital Requirements

Regulatory Capital Requirements	3 Months Ended
	Mar. 31, 2019
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Capital Requirements	9. REGULATORY CAPITAL REQUIREMENTS The Bank is subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the 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 measure of the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The regulations require a minimum ratio of common equity Tier 1 capital to risk-weighted assets of 4.5%, a minimum ratio of Tier 1 capital to risk-weighted assets of 6%, a minimum total capital ratio of 8%, and a minimum leverage ratio of 4% for all banking organizations. Additionally, community banking institutions must maintain a capital conservation buffer of common equity Tier 1 capital in an amount greater than 2.5% of total risk-weighted assets to avoid being subject to limitations on capital distributions and discretionary bonuses. The capital conservation buffer and certain deductions from and adjustments to regulatory capital and risk-weighted assets are being phased in over several years. The required minimum conservation buffer was 1.875% as of January 1, 2018 and it increased to 2.5% on January 1, 2019. As of March 31, 2019, the most recent notification from the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum capital ratios as set forth in the following table. There are no conditions or events since the notification that management believes have changed the Bank’s category. Management believes that the Bank meets all capital adequacy requirements to which it is subject. The Bank’s actual capital amounts and ratios are also presented in the table below. March 31, 2019 December 31, 2018 Amount Ratio Amount Ratio (unaudited) Common Equity Tier 1 capital (to risk-weighted assets) Actual $ 20,517,023 14.45 % $ 20,393,710 14.22 % For capital adequacy purposes 6,389,910 4.50 % 6,453,270 4.50 % To be well capitalized 9,229,870 6.50 % 9,321,390 6.50 % Tier 1 capital (to risk-weighted assets) Actual $ 20,517,023 14.45 % $ 20,393,710 14.22 % For capital adequacy purposes 8,519,880 6.00 % 8,604,360 6.00 % To be well capitalized 11,359,840 8.00 % 11,472,480 8.00 % Total capital (to risk-weighted assets) Actual $ 21,636,248 15.24 % $ 21,518,635 15.01 % For capital adequacy purposes 11,359,840 8.00 % 11,472,480 8.00 % To be well capitalized 14,199,800 10.00 % 14,340,600 10.00 % Tier 1 capital (to average assets) Actual $ 20,517,023 10.67 % $ 20,393,710 11.59 % For capital adequacy purposes 7,692,174 4.00 % 7,036,287 4.00 % To be well capitalized 9,615,217 5.00 % 8,795,358 5.00 %

Commitments

Commitments	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments	10. COMMITMENTS In the normal course of business, the Bank makes various commitments that are not reflected in the Company’s consolidated financial statements. The Bank offers such products to enable its customers to meet their financing objectives. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized on the balance sheets. The Bank’s exposure to credit loss in the event of nonperformance by the other parties to the financial instruments is represented by the contractual amounts as disclosed. The Bank minimizes its exposure to credit loss under these commitments by subjecting them to credit approval and review procedures and collateral requirements as deemed necessary. Off-balance sheet commitments consist of the following: March 31, 2019 (unaudited) Commitments to extend credit $ 2,544,500 Construction unadvanced funds 4,421,435 Unused lines of credit 7,802,387 Letters of credit 2,861,135 $ 17,629,457 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the loan agreement. These commitments consisted primarily of mortgage loan commitments. The Bank uses the same credit policies in making loan commitments and conditional obligations as it does for on-balance sheet instruments. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, as deemed necessary, is based upon management’s credit evaluation in compliance with the Bank’s lending policy guidelines. In August 2017, the Bank entered into employment agreements with three executives that provide for a base salary and certain other benefits. The initial terms of the agreements are for three years with annual renewals thereafter. In the event of the executive’s termination without cause, as defined, the executive will receive a lump-sum cash payment equal to the amount remaining under the contract. Additional benefits are payable upon a change in control, as defined.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	11. FAIR VALUE MEASUREMENTS The following disclosures show the hierarchal disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. The three broad pricing levels are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. This hierarchy requires the use of observable market data, when available. Fair values for securities are determined by obtaining quoted prices on nationally recognized securities exchanges or matrix pricing, which is a mathematical technique that is widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark-quoted securities. Fair values of securities determined by quoted prices in active markets, when available, are classified as Level I. At March 31, 2019 and December 31, 2018, fair value measurements were obtained from a third-party pricing service and not adjusted by management. Transfers are recognized at the end of the reporting period, as applicable. The following tables present the assets reported on the balance sheets at their fair value by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. March 31, 2019 (unaudited) Level I Level II Level III Total Fair value measurements on a recurring basis: Mortgage-backed securities in government-sponsored entities $ - $ 3,740,880 $ - $ 3,740,880 Obligations of state and political subdivisions - 1,533,334 - 1,533,334 Corporate bonds - 3,243,633 - 3,243,633 U.S. treasury securities 192,001 - - 192,001 Mortgage servicing rights - - 269,435 269,435 Impaired loans with reserve - - 123,580 123,580 December 31, 2018 Level I Level II Level III Total Fair value measurements on a recurring basis: Mortgage-backed securities in government-sponsored entities $ - $ 3,865,080 $ - $ 3,865,080 Obligations of state and political subdivisions - 1,501,962 - 1,501,962 Corporate bonds - 3,508,735 - 3,508,735 U.S. treasury securities 192,324 - - 192,324 Mortgage servicing rights - - 234,344 234,344 Impaired loans with reserve - - 246,549 246,549 March 31, 2019 (unaudited) Level I Level II Level III Total Fair value measurements on a nonrecurring basis: Other real estate owned $ - $ - $ 109,832 $ 109,832 December 31, 2018 Level I Level II Level III Total Fair value measurements on a nonrecurring basis: Other real estate owned $ - $ - $ 138,100 $ 138,100 Other Real Estate Owned Other real estate owned is measured at fair value, less estimated cost to sell, at the date of foreclosure, which establishes a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management. The assets are carried at fair value, less estimated cost to sell. Income and expense from operations and changes in valuation allowance are included in other noninterest expense. Level III Inputs The following table provides the significant unobservable inputs used in the fair value measurement process for items valued using Level III techniques: Fair Value at Valuation Range March 31, Valuation Unobservable (Weighted 2019 Techniques Inputs Average) (unaudited) Other real estate owned $ 109,832 Appraised collateral values Discount for time since appraisal 10 % (10 )% Selling costs 10 % (10 )% Impaired loans with reserve 123,580 Discounted cash flows Discount for evaluation 10 % (10 )% Selling costs 10 % (10 )% Mortgage servicing rights 269,435 Discounted cash flows Loan prepayment speeds 8.49% - 10.52 % (9.39 )% Fair Value at Valuation Range December 31, Valuation Unobservable (Weighted 2018 Techniques Inputs Average) Other real estate owned $ 138,100 Appraised collateral values Discount for time since appraisal 10 % (10 )% Selling costs 10 % (10 )% Impaired loans with reserve 246,549 Discounted cash flows Discount for evaluation 10 % (10 )% Selling costs 10 % (10 )% Mortgage servicing rights 234,344 Discounted cash flows Loan prepayment speeds 8.49%-10.52 % (9.69 )% The estimated fair values of the Company’s financial instruments are as follows: March 31, 2019 (unaudited) Carrying Value Fair Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 20,336,030 $ 20,336,030 $ 20,336,030 $ - $ - Certificates of deposit 1,245,000 1,252,000 - 1,252,000 - Investment securities: Available for sale 8,709,848 8,709,848 192,001 8,517,847 - Held to maturity 5,743 5,808 - 5,808 - Loans, net 153,902,522 155,356,522 - - 155,356,522 Accrued interest receivable 662,147 662,147 - 662,147 - FHLB Stock 2,715,700 2,715,700 - - 2,715,700 Financial liabilities: Deposits 142,533,893 142,247,893 47,321,059 - 94,926,834 FHLB advances 31,374,500 31,585,500 - 31,585,500 - Accrued interest payable 258,091 258,091 - 258,091 - December 31, 2018 Carrying Value Fair Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 9,034,070 $ 9,034,070 $ 9,034,070 $ - $ - Certificates of deposit 846,000 837,828 - 837,828 - Investment securities: Available for sale 9,068,101 9,068,101 192,324 8,875,777 - Held to maturity 6,394 6,478 - 6,478 - Loans, net 158,529,657 159,275,657 - - 159,275,657 Accrued interest receivable 639,474 639,474 - 639,474 - FHLB Stock 2,651,400 2,651,400 - - 2,651,400 Financial liabilities: Deposits 136,108,766 134,639,766 42,989,629 - 91,650,137 FHLB advances 31,374,500 31,242,500 - 31,242,500 - Accrued interest payable 255,486 255,486 - 255,486 - Financial instruments are defined as cash, evidence of an ownership interest in an entity, or a contract which creates an obligation or right to receive or deliver cash or another financial instrument from/to a second entity on potentially favorable or unfavorable terms. Fair value is defined as the amount at which a financial instrument could be exchanged in a current transaction between willing parties other than in a forced or liquidation sale. If a quoted market price is available for a financial instrument, the estimated fair value would be calculated based upon the market price per trading unit of the instrument.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2019
Investments, All Other Investments [Abstract]
Fair Value of Financial Instruments	12. FAIR VALUE OF FINANCIAL INSTRUMENTS If no readily available market exists, the fair value estimates for financial instruments should be based upon management’s judgment regarding current economic conditions, interest rate risk, expected cash flows, future estimated losses, and other factors as determined through various option pricing formulas or simulation modeling. Since many of these assumptions result from judgments made by management based upon estimates which are inherently uncertain, the resulting estimated fair values may not be indicative of the amount realizable in the sale of a particular financial instrument. In addition, changes in the assumptions on which the estimated fair values are based may have a significant impact on the resulting estimated fair values. Since certain assets, such as deferred tax assets and premises and equipment, are not considered financial instruments, the estimated fair value of financial instruments would not represent the full value of the Bank. Cash and Cash Equivalents, Accrued Interest Receivable, FHLB Stock, and Accrued Interest Payable The fair value is equal to the current carrying value. Certificates of Deposit The fair values of certificates of deposit are based on the discounted value of contractual cash flows. The discount rates are estimated using rates currently offered for similar instruments with similar remaining maturities. Securities Fair values for securities are determined by obtaining quoted prices on nationally recognized securities exchanges or matrix pricing, which is a mathematical technique that is widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark-quoted securities. Fair values of securities determined by quoted prices in active markets, when available, are classified as Level I. Loans, Net The fair value is estimated by discounting future cash flows using current market inputs at which loans with similar terms and qualities would be made to borrowers of similar credit quality. Certain collateral dependent impaired loans have been adjusted to fair value based on the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, along with management’s assumptions in various factors, such as selling costs and discounts for time since last appraised. FHLB Advances The fair value of FHLB advances is based on the discounted value of contractual cash flows. The discount rates are estimated using rates currently offered for similar instruments with similar remaining maturities. Deposits The fair values of certificates of deposit are based on the discounted value of contractual cash flows. The discount rates are estimated using rates currently offered for similar instruments with similar remaining maturities. Demand, savings, and money market deposit accounts are valued at the amount payable on demand as of the period end. Commitments These financial instruments are generally not subject to sale, and estimated fair values are not readily available. The carrying value, represented by the net deferred fee arising from the unrecognized commitment, and the fair value, determined by discounting the remaining contractual fee over the term of the commitment using fees currently charged to enter into similar agreements with similar credit risk, are not considered material for disclosure. The contractual amounts of unfunded commitments are presented in Note 10.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	13. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents the changes in accumulated other comprehensive income (loss) by component, net of tax: Net Unrealized Gain (Loss) on Securities Three months ended March 31, 2019 2018 (unaudited) Accumulated other comprehensive income (loss), beginning of period $ (74,623 ) $ (23,487 ) Other comprehensive income (loss) on securities before reclassification, net of tax 112,994 (22,849 ) Amounts reclassified from accumulated other comprehensive income (loss), net of tax (4,575 ) - Net other comprehensive income (loss) 108,419 (22,849 ) Reclassification of certain income tax effects from accumulated other comprehensive loss - Accumulated other comprehensive income (loss), end of period $ 33,796 $ (46,336 )

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2019
EARNINGS PER COMMON SHARE
Earnings Per Share	14. EARNINGS PER SHARE Earnings per common share for the three months ended March 31, 2019 are represented in the following table. Earnings per common share for the three months ended March 31, 2018 is not presented as the Company’s initial public offering was completed on January 24, 2018; therefore, per share results would not be meaningful. Three months ended March 31, 2019 (unaudited) Net Income $ 112,713 Shares outstanding for basic EPS: Average shares outstanding 2,248,250 Less: Average unearned ESOP shares 83,174 2,165,076 Additional dilutive shares - Shares oustanding for basic and diluted EPS 2,165,076 Basic and diluted income per share $ 0.05

Securities Available for Sale (

Securities Available for Sale (Tables)	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of Securities Available for Sale	The amortized cost, gross unrealized gains and losses, and fair values of securities available for sale are as follows: March 31, 2019 (unaudited) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 3,736,580 $ 12,590 $ (8,290 ) $ 3,740,880 Obligations of state and political subdivisions 1,539,748 762 (7,176 ) 1,533,334 Corporate bonds 3,198,997 44,880 (244 ) 3,243,633 U.S. treasury securities 192,145 - (144 ) 192,001 Total $ 8,667,470 $ 58,232 $ (15,854 ) $ 8,709,848 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 3,883,220 $ 495 $ (18,635 ) $ 3,865,080 Obligations of state and political subdivisions 1,540,053 153 (38,244 ) 1,501,962 Corporate bonds 3,547,246 - (38,511 ) 3,508,735 U.S. treasury securities 192,443 5 (124 ) 192,324 Total $ 9,162,962 $ 653 $ (95,514 ) $ 9,068,101
Schedule of Contractual Maturities	March 31, 2019 (unaudited) Amortized Cost Fair Value Due within one year or less $ 347,634 $ 347,233 Due after one year through five years 3,146,476 3,184,338 Due after five years through ten years 1,495,551 1,496,983 Due after ten years 3,677,809 3,681,294 Total $ 8,667,470 $ 8,709,848

Securities Held to Maturity (Ta

Securities Held to Maturity (Tables)	3 Months Ended
	Mar. 31, 2019
Securities Held To Maturity
Schedule of Securities Held to Maturity	The amortized cost, gross unrealized gains and losses, and fair values of securities held to maturity are as follows: March 31, 2019 (unaudited) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 5,743 $ 65 $ - $ 5,808 Total $ 5,743 $ 65 $ - $ 5,808 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage-backed securities in government-sponsored entities $ 6,394 $ 84 $ - $ 6,478 Total $ 6,394 $ 84 $ - $ 6,478
Schedule of Contractual Maturities	March 31, 2019 (unaudited) Amortized Cost Fair Value Due within one year or less $ - $ - Due after one year through five years 4,313 4,334 Due after five years through nine years 1,430 1,474 Total $ 5,743 $ 5,808

Unrealized Losses on Securiti_2

Unrealized Losses on Securities (Tables)	3 Months Ended
	Mar. 31, 2019
Unrealized Losses On Securities
Schedule of Unrealized Loss on Securities	The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position: March 31, 2019 (unaudited) Less than Twelve Months Twelve Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. treasury securities $ 106,002 $ (64 ) $ 86,000 $ (80 ) $ 192,002 $ (144 ) Mortgage-backed securities in government-sponsored entities - - 802,705 (8,290 ) 802,705 (8,290 ) Obligations of state and political subdivisions 30,273 (20 ) 1,287,048 (7,156 ) 1,317,321 (7,176 ) Corporate bonds - - 99,762 (244 ) 99,762 (244 ) Total $ 136,275 $ (84 ) $ 2,275,515 $ (15,770 ) $ 2,411,790 $ (15,854 ) December 31, 2018 Less than Twelve Months Twelve Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. treasury securities $ 159,275 $ (124 ) $ - $ - $ 159,275 $ (124 ) Mortgage-backed securities in government-sponsored entities 3,458,555 (7,806 ) 341,423 (10,829 ) 3,799,978 (18,635 ) Obligations of state and political subdivisions 55,708 (34 ) 1,397,740 (38,210 ) 1,453,448 (38,244 ) Corporate bonds 3,309,271 (37,959 ) 199,464 (552 ) 3,508,735 (38,511 ) Total $ 6,982,809 $ (45,923 ) $ 1,938,627 $ (49,591 ) $ 8,921,436 $ (95,514 )

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Schedule of Loan Portfolio by Category	The Bank’s loan portfolio summarized by category is as follows: March 31, 2019 December 31, 2018 (unaudited) Mortgage loans: One-to-four family $ 72,575,461 $ 75,520,850 Commercial 56,801,968 59,494,384 129,377,429 135,015,234 Commercial and industrial 19,603,251 19,166,207 Consumer 5,984,579 5,404,216 154,965,259 159,585,657 Third-party loan acquisition and other net origination costs 249,953 268,101 Discount on loans previously held for sale (193,465 ) (199,176 ) Allowance for loan losses (1,119,225 ) (1,124,925 ) Total $ 153,902,522 $ 158,529,657

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Schedule of Changes in the Allowance for Loan Losses and the Recorded Investment in Loans	The following tables present, by portfolio segment, the changes in the allowance for loan losses and the recorded investment in loans for the three ended March 31, 2019 (unaudited) and 2018 (unaudited), respectively: Three months ended March 31, 2019: Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total Allowance for loan losses: Beginning balance $ 422,539 $ 393,900 $ 263,721 $ 44,765 $ 1,124,925 Charge-offs (28,268 ) (22,932 ) - - (51,200 ) Recoveries - - - - - Provision (credit) 42,304 4,175 (2,706 ) 1,727 45,500 Ending balance $ 436,575 $ 375,143 $ 261,015 $ 46,492 $ 1,119,225 Three months ended March 31, 2018: Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total Allowance for loan losses: Beginning balance $ 513,846 $ 383,535 $ 80,854 $ 63,210 $ 1,041,445 Charge-offs (16,429 ) - - - (16,429 ) Recoveries - - - - - Provision (credit) 17,312 26,592 5,248 (9,152 ) 40,000 Ending balance $ 514,729 $ 410,127 $ 86,102 $ 54,058 $ 1,065,016
Schedule of Primary Segments of the Loan Portfolio	The following tables summarize the loan portfolio and allowance for loan losses by the primary segments of the loan portfolio as of March 31, 2019 (unaudited), and December 31, 2018. Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total March 31, 2019 Allowance for loan losses: Loans deemed impaired 42,961 - - - 42,961 Loans not deemed impaired 393,614 375,143 261,015 46,492 1,076,264 Ending Balance 436,575 375,143 261,015 46,492 1,119,225 March 31, 2019 Loans: Loans deemed impaired 2,000,151 1,763,219 155,660 6,195 3,925,225 Loans not deemed impaired 70,575,310 55,038,749 19,447,591 5,978,384 151,040,034 Ending Balance 72,575,461 56,801,968 19,603,251 5,984,579 154,965,259 Mortgage One-to-Four Family Mortgage Commercial Commercial and Industrial Consumer and HELOC Total December 31, 2018 Allowance for loan losses: Loans deemed impaired 28,136 - - - 28,136 Loans not deemed impaired 394,403 393,900 263,721 44,765 1,096,789 Ending Balance 422,539 393,900 263,721 44,765 1,124,925 December 31, 2018 Loans: Loans deemed impaired 2,486,210 1,768,845 155,660 1,195 4,411,910 Loans not deemed impaired 73,034,640 57,725,539 19,010,547 5,403,021 155,173,747 Ending Balance 75,520,850 59,494,384 19,166,207 5,404,216 159,585,657
Schedule of Impaired Loans by Class	The following tables present impaired loans by class as of March 31, 2019, and December 31, 2018, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary. March 31, 2019 (unaudited) December 31, 2018 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance With no allowance recorded: Mortgage loans: One-to-four family $ 1,833,610 $ 1,833,610 $ - $ 2,211,525 $ 2,211,525 $ - Commercial $ 1,763,219 $ 1,763,219 - $ 1,768,845 $ 1,768,845 - Commercial and Industrial $ 155,660 $ 155,660 - $ 155,660 $ 155,660 - Consumer and HELOC $ 6,195 $ 6,195 - $ 1,195 $ 1,195 - With an allowance recorded: Mortgage loans: One-to-four family 166,541 166,541 42,961 274,685 274,685 28,136 Commercial - - - - - - Commercial and Industrial - - - - - - Consumer and HELOC - - - - - - Total mortgage loans: One-to-four family 2,000,151 2,000,151 42,961 2,486,210 2,486,210 28,136 Commercial 1,763,219 1,763,219 - 1,768,845 1,768,845 - Commercial and Industrial 155,660 155,660 - 155,660 155,660 - Consumer and HELOC 6,195 6,195 - 1,195 1,195 - Total $ 3,925,225 $ 3,925,225 $ 42,961 $ 4,411,910 $ 4,411,910 $ 28,136
Schedule of Average Recorded Investment in Impaired Loans and Related Interest Income	The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated. Three Months Ended March 31, 2019 Three Months Ended March 31, 2018 (unaudited) (unaudited) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no allowance recorded: Mortgage loans: One-to-four family $ 1,789,634 $ 14,931 $ 1,889,111 $ 432 Commercial 1,764,581 9,295 1,119,960 466 Commercial and industrial 155,660 - 144,486 - Consumer and HELOC 6,195 - 14,006 - With an allowance recorded: Mortgage loans: One-to-four family 308,916 810 398,413 3,419 Commercial - - - - Commercial and industrial - - - - Consumer and HELOC - - 29,245 - Total mortgage loans: One-to-four family 2,098,550 15,741 2,287,524 3,851 Commercial 1,764,581 9,295 1,119,960 466 Commercial and industrial 155,660 - 144,486 - Consumer and HELOC 6,195 - 43,251 - Total $ 4,024,986 $ 25,036 $ 3,595,221 $ 4,317
Schedule of Classes of the Loan Portfolio by Aging	The following tables present the classes of the loan portfolio summarized by the aging categories at the dates indicated: March 31, 2019 (unaudited) 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Receivable 90 Days or Greater Still Accruing Mortgage loans: One-to-four family $ 1,128,239 557,774 1,549,676 3,235,689 $ 69,339,772 $ 72,575,461 $ - Commercial 321,358 - 941,072 1,262,430 55,539,538 56,801,968 - Commercial and industrial 145,260 - 155,660 300,920 19,302,331 19,603,251 - Consumer and HELOC 29,731 - 6,195 35,926 5,948,653 5,984,579 - Total $ 1,624,588 $ 557,774 $ 2,652,603 $ 4,834,965 $ 150,130,294 $ 154,965,259 $ - December 31, 2018 30-59 Days Past Due 60-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Receivable 90 Days or Greater Still Accruing Mortgage loans: One-to-four family $ 305,412 624,784 1,701,044 2,631,240 $ 72,889,610 $ 75,520,850 $ - Commercial - - 1,094,376 1,094,376 58,400,008 59,494,384 - Commercial and industrial - - 155,660 155,660 19,010,547 19,166,207 - Consumer and HELOC - - 1,195 1,195 5,403,021 5,404,216 - Total $ 305,412 $ 624,784 $ 2,952,275 $ 3,882,471 $ 155,703,186 $ 159,585,657 $ -
Schedule of Loans on Nonaccrual Status	The following table presents the loans on nonaccrual status, by class: March 31, December 31, 2019 2018 (unaudited) Mortgage loans: One-to-four family $ 1,805,450 $ 2,302,267 Commercial 895,386 1,094,376 Commercial and industrial 155,660 155,660 Consumer and HELOC 6,195 1,195 Total $ 2,862,691 $ 3,553,498
Schedule of Risk Category of Loans	The risk category of loans by class is as follows: March 31, 2019 (unaudited) December 31, 2018 Mortgage Commercial and Mortgage Commercial and Commercial Industrial Commercial Industrial Loans rated 1 - 5 $ 55,234,860 $ 15,465,122 $ 57,773,482 $ 15,028,078 Loans rated 6 - 3,982,469 - 3,982,469 Loans rated 7 1,567,108 155,660 1,720,902 155,660 Ending balance $ 56,801,968 $ 19,603,251 $ 59,494,384 $ 19,166,207
Schedule of Balances of Loans by Class Based on Payment Performance	The following table presents the balances of loans by class based on payment performance: March 31, 2019 (unaudited) December 31, 2018 Mortgage Consumer Mortgage Consumer One-to-Four and One-to-Four and Family HELOC Family HELOC Performing $ 70,770,011 $ 5,978,384 $ 73,218,583 $ 5,403,021 Nonperforming 1,805,450 6,195 2,302,267 1,195 Total $ 72,575,461 $ 5,984,579 $ 75,520,850 $ 5,404,216

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	3 Months Ended
	Mar. 31, 2019
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Bank's Actual Capital Amounts and Ratios	The Bank’s actual capital amounts and ratios are also presented in the table below. March 31, 2019 December 31, 2018 Amount Ratio Amount Ratio (unaudited) Common Equity Tier 1 capital (to risk-weighted assets) Actual $ 20,517,023 14.45 % $ 20,393,710 14.22 % For capital adequacy purposes 6,389,910 4.50 % 6,453,270 4.50 % To be well capitalized 9,229,870 6.50 % 9,321,390 6.50 % Tier 1 capital (to risk-weighted assets) Actual $ 20,517,023 14.45 % $ 20,393,710 14.22 % For capital adequacy purposes 8,519,880 6.00 % 8,604,360 6.00 % To be well capitalized 11,359,840 8.00 % 11,472,480 8.00 % Total capital (to risk-weighted assets) Actual $ 21,636,248 15.24 % $ 21,518,635 15.01 % For capital adequacy purposes 11,359,840 8.00 % 11,472,480 8.00 % To be well capitalized 14,199,800 10.00 % 14,340,600 10.00 % Tier 1 capital (to average assets) Actual $ 20,517,023 10.67 % $ 20,393,710 11.59 % For capital adequacy purposes 7,692,174 4.00 % 7,036,287 4.00 % To be well capitalized 9,615,217 5.00 % 8,795,358 5.00 %

Commitments (Tables)

Commitments (Tables)	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Off-Balance Sheet Commitments	Off-balance sheet commitments consist of the following: March 31, 2019 (unaudited) Commitments to extend credit $ 2,544,500 Construction unadvanced funds 4,421,435 Unused lines of credit 7,802,387 Letters of credit 2,861,135 $ 17,629,457

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets Reported on the Balance Sheets Fair Value on Recurring Basis	The following tables present the assets reported on the balance sheets at their fair value by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. March 31, 2019 (unaudited) Level I Level II Level III Total Fair value measurements on a recurring basis: Mortgage-backed securities in government-sponsored entities $ - $ 3,740,880 $ - $ 3,740,880 Obligations of state and political subdivisions - 1,533,334 - 1,533,334 Corporate bonds - 3,243,633 - 3,243,633 U.S. treasury securities 192,001 - - 192,001 Mortgage servicing rights - - 269,435 269,435 Impaired loans with reserve - - 123,580 123,580 December 31, 2018 Level I Level II Level III Total Fair value measurements on a recurring basis: Mortgage-backed securities in government-sponsored entities $ - $ 3,865,080 $ - $ 3,865,080 Obligations of state and political subdivisions - 1,501,962 - 1,501,962 Corporate bonds - 3,508,735 - 3,508,735 U.S. treasury securities 192,324 - - 192,324 Mortgage servicing rights - - 234,344 234,344 Impaired loans with reserve - - 246,549 246,549
Schedule of Assets Reported on the Balance Sheets Fair Value on Nonrecurring Basis	March 31, 2019 (unaudited) Level I Level II Level III Total Fair value measurements on a nonrecurring basis: Other real estate owned $ - $ - $ 109,832 $ 109,832 December 31, 2018 Level I Level II Level III Total Fair value measurements on a nonrecurring basis: Other real estate owned $ - $ - $ 138,100 $ 138,100
Schedule of Significant Unobservable Inputs Used in the Fair Value Measurement Process	The following table provides the significant unobservable inputs used in the fair value measurement process for items valued using Level III techniques: Fair Value at Valuation Range March 31, Valuation Unobservable (Weighted 2019 Techniques Inputs Average) (unaudited) Other real estate owned $ 109,832 Appraised collateral values Discount for time since appraisal 10 % (10 )% Selling costs 10 % (10 )% Impaired loans with reserve 123,580 Discounted cash flows Discount for evaluation 10 % (10 )% Selling costs 10 % (10 )% Mortgage servicing rights 269,435 Discounted cash flows Loan prepayment speeds 8.49% - 10.52 % (9.39 )% Fair Value at Valuation Range December 31, Valuation Unobservable (Weighted 2018 Techniques Inputs Average) Other real estate owned $ 138,100 Appraised collateral values Discount for time since appraisal 10 % (10 )% Selling costs 10 % (10 )% Impaired loans with reserve 246,549 Discounted cash flows Discount for evaluation 10 % (10 )% Selling costs 10 % (10 )% Mortgage servicing rights 234,344 Discounted cash flows Loan prepayment speeds 8.49%-10.52 % (9.69 )%
Schedule of Estimated Fair Values of the Bank's Financial Instruments	The estimated fair values of the Company’s financial instruments are as follows: March 31, 2019 (unaudited) Carrying Value Fair Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 20,336,030 $ 20,336,030 $ 20,336,030 $ - $ - Certificates of deposit 1,245,000 1,252,000 - 1,252,000 - Investment securities: Available for sale 8,709,848 8,709,848 192,001 8,517,847 - Held to maturity 5,743 5,808 - 5,808 - Loans, net 153,902,522 155,356,522 - - 155,356,522 Accrued interest receivable 662,147 662,147 - 662,147 - FHLB Stock 2,715,700 2,715,700 - - 2,715,700 Financial liabilities: Deposits 142,533,893 142,247,893 47,321,059 - 94,926,834 FHLB advances 31,374,500 31,585,500 - 31,585,500 - Accrued interest payable 258,091 258,091 - 258,091 - December 31, 2018 Carrying Value Fair Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 9,034,070 $ 9,034,070 $ 9,034,070 $ - $ - Certificates of deposit 846,000 837,828 - 837,828 - Investment securities: Available for sale 9,068,101 9,068,101 192,324 8,875,777 - Held to maturity 6,394 6,478 - 6,478 - Loans, net 158,529,657 159,275,657 - - 159,275,657 Accrued interest receivable 639,474 639,474 - 639,474 - FHLB Stock 2,651,400 2,651,400 - - 2,651,400 Financial liabilities: Deposits 136,108,766 134,639,766 42,989,629 - 91,650,137 FHLB advances 31,374,500 31,242,500 - 31,242,500 - Accrued interest payable 255,486 255,486 - 255,486 -

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)	The following table presents the changes in accumulated other comprehensive income (loss) by component, net of tax: Net Unrealized Gain (Loss) on Securities Three months ended March 31, 2019 2018 (unaudited) Accumulated other comprehensive income (loss), beginning of period $ (74,623 ) $ (23,487 ) Other comprehensive income (loss) on securities before reclassification, net of tax 112,994 (22,849 ) Amounts reclassified from accumulated other comprehensive income (loss), net of tax (4,575 ) - Net other comprehensive income (loss) 108,419 (22,849 ) Reclassification of certain income tax effects from accumulated other comprehensive loss - Accumulated other comprehensive income (loss), end of period $ 33,796 $ (46,336 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2019
EARNINGS PER COMMON SHARE
Schedule of Computation of Earnings Per Share	Earnings per common share for the three months ended March 31, 2018 is not presented as the Company’s initial public offering was completed on January 24, 2018; therefore, per share results would not be meaningful. Three months ended March 31, 2019 (unaudited) Net Income $ 112,713 Shares outstanding for basic EPS: Average shares outstanding 2,248,250 Less: Average unearned ESOP shares 83,174 2,165,076 Additional dilutive shares - Shares oustanding for basic and diluted EPS 2,165,076 Basic and diluted income per share $ 0.05

Nature of Operations and Basi_2

Nature of Operations and Basis of Presentation (Details Narrative) - $ / shares	Jan. 24, 2018	Jan. 24, 2018	Mar. 31, 2019	Dec. 31, 2018
Nature Of Operations And Basis Of Presentation [Line Items]
Number of common stock share issued				2,248,250
Number of shares purchase for employee stock ownership program			88,131	88,131
Plan Of Mutual Holding Company Reorganization And Minority Stock Issuance [Member]
Nature Of Operations And Basis Of Presentation [Line Items]
Number of common stock share issued		1,011,712
Stock price per share	$ 10	$ 10
Plan Of Mutual Holding Company Reorganization And Minority Stock Issuance [Member] | Employee Stock Option [Member]
Nature Of Operations And Basis Of Presentation [Line Items]
Stock price per share	$ 10	$ 10
Number of shares purchase for employee stock ownership program		88,131
Plan Of Mutual Holding Company Reorganization And Minority Stock Issuance [Member] | Subsidiaries [Member]
Nature Of Operations And Basis Of Presentation [Line Items]
Number of common stock share issued	1,236,538

Recent Accounting Standards (De

Recent Accounting Standards (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Statutory federal income tax rate	21.00%	34.00%
Retained Earnings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of reclassification for Bank		$ 3,860
Accumulated Other Comprehensive Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of reclassification for Bank		$ (3,860)

Securities Available for Sale_2

Securities Available for Sale (Details Narrative)	3 Months Ended
	Mar. 31, 2019USD ($)Integer	Mar. 31, 2018USD ($)
Debt Securities, Available-for-sale [Line Items]
Debt Securities Available For Sale Number Of Positions | Integer	1
Available-for-sale Securities, Amortized Cost Basis	$ 248,584
Associated gain on sale of securities available for sale	5,791
Proceeds from sale of investment securities	$ 254,377
Minimum [Member] | Mortgage-backed Securities in Government-Sponsored Entities [Member]
Debt Securities, Available-for-sale [Line Items]
Contractual maturities range in years	1 year
Maximum [Member] | Mortgage-backed Securities in Government-Sponsored Entities [Member]
Debt Securities, Available-for-sale [Line Items]
Contractual maturities range in years	25 years

Securities Available for Sale -

Securities Available for Sale - Schedule of Securities Available for Sale (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 8,667,470	$ 9,162,962
Gross Unrealized Gains	58,232	653
Gross Unrealized Losses	(15,854)	(95,514)
Fair Value	8,709,848	9,068,101
Mortgage-backed Securities in Government-Sponsored Entities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,736,580	3,883,220
Gross Unrealized Gains	12,590	495
Gross Unrealized Losses	(8,290)	(18,635)
Fair Value	3,740,880	3,865,080
Obligations of State and Political Subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,539,748	1,540,053
Gross Unrealized Gains	762	153
Gross Unrealized Losses	(7,176)	(38,244)
Fair Value	1,533,334	1,501,962
Corporate Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,198,997	3,547,246
Gross Unrealized Gains	44,880
Gross Unrealized Losses	(244)	(38,511)
Fair Value	3,243,633	3,508,735
U.S. Treasury Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	192,145	192,443
Gross Unrealized Gains		5
Gross Unrealized Losses	(144)	(124)
Fair Value	$ 192,001	$ 192,324

Securities Available for Sale_3

Securities Available for Sale - Schedule of Contractual Maturities (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Amortized Cost: Due within one year or less	$ 347,634
Amortized Cost: Due after one year through five years	3,146,476
Amortized Cost: Due after five years through ten years	1,495,551
Amortized Cost: Due after ten years	3,677,809
Amortized Cost: Total	8,667,470	$ 9,162,962
Fair Value: Due within one year or less	347,233
Fair Value: Due after one year through five years	3,184,338
Fair Value: Due after five years through ten years	1,496,983
Fair Value: Due after ten years	3,681,294
Fair Value: Total	$ 8,709,848	$ 9,068,101

Securities Held to Maturity (De

Securities Held to Maturity (Details Narrative)	3 Months Ended
	Mar. 31, 2019
Mortgage-backed Securities in Government-Sponsored Entities [Member] | Maximum [Member]
Contractual maturities range in years	contractual maturities ranging up to 9 years.

Securities Held to Maturity - S

Securities Held to Maturity - Schedule of Securities Held to Maturity (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,743	$ 6,394
Gross Unrealized Gains	65	84
Gross Unrealized Losses
Fair Value	5,808	6,478
Mortgage-backed Securities in Government-Sponsored Entities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	5,743	6,394
Gross Unrealized Gains	65	84
Gross Unrealized Losses
Fair Value	$ 5,808	$ 6,478

Securities Held to Maturity -_2

Securities Held to Maturity - Schedule of Contractual Maturities (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	$ 5,743	$ 6,394
Fair Value	5,808	6,478
Mortgage-backed Securities in Government-Sponsored Entities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost, due within one year or less
Amortized cost, due after one year through five years	4,313
Amortized cost, due after five years through nine years	1,430
Amortized cost	5,743	6,394
Fair Value, due within one year or less
Fair Value, due after one year through five years	4,334
Fair Value, due after five years through nine years	1,474
Fair Value	$ 5,808	$ 6,478

Unrealized Losses on Securiti_3

Unrealized Losses on Securities (Details Narrative) - Integer	Mar. 31, 2019	Dec. 31, 2018
Number of temporarily impaired investments securities	12	25
Maximum [Member]
Threshold limit of aggregate depreciation	1.00%	2.00%

Unrealized Losses on Securiti_4

Unrealized Losses on Securities - Schedule of Unrealized Loss on Securities (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Schedule Of Investment Securities [Line Items]
Less than Twelve Months, Fair Value	$ 136,275	$ 6,982,809
Less Than Twelve Months, Gross Unrealized Losses	(84)	(45,923)
Twelve Months or Greater, Fair Value	2,275,515	1,938,627
Twelve Months or Greater, Gross Unrealized Losses	(15,770)	(49,591)
Total, Fair Value	2,411,790	8,921,436
Total, Gross Unrealized Losses	(15,854)	(95,514)
U.S. Treasury Securities [Member]
Schedule Of Investment Securities [Line Items]
Less than Twelve Months, Fair Value	106,002	159,275
Less Than Twelve Months, Gross Unrealized Losses	(64)	(124)
Twelve Months or Greater, Fair Value	86,000
Twelve Months or Greater, Gross Unrealized Losses	(80)
Total, Fair Value	192,002	159,275
Total, Gross Unrealized Losses	(144)	(124)
Mortgage-backed Securities in Government-Sponsored Entities [Member]
Schedule Of Investment Securities [Line Items]
Less than Twelve Months, Fair Value		3,458,555
Less Than Twelve Months, Gross Unrealized Losses		(7,806)
Twelve Months or Greater, Fair Value	802,705	341,423
Twelve Months or Greater, Gross Unrealized Losses	(8,290)	(10,829)
Total, Fair Value	802,705	3,799,978
Total, Gross Unrealized Losses	(8,290)	(18,635)
Obligations of State and Political Subdivisions [Member]
Schedule Of Investment Securities [Line Items]
Less than Twelve Months, Fair Value	30,273	55,708
Less Than Twelve Months, Gross Unrealized Losses	(20)	(34)
Twelve Months or Greater, Fair Value	1,287,048	1,397,740
Twelve Months or Greater, Gross Unrealized Losses	(7,156)	(38,210)
Total, Fair Value	1,317,321	1,453,448
Total, Gross Unrealized Losses	(7,176)	(38,244)
Corporate Bonds [Member]
Schedule Of Investment Securities [Line Items]
Less than Twelve Months, Fair Value		3,309,271
Less Than Twelve Months, Gross Unrealized Losses		(37,959)
Twelve Months or Greater, Fair Value	99,762	199,464
Twelve Months or Greater, Gross Unrealized Losses	(244)	(552)
Total, Fair Value	99,762	3,508,735
Total, Gross Unrealized Losses	$ (244)	$ (38,511)

Loans (Details Narrative)

Loans (Details Narrative) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Bank transfer of loans	$ 11,000,000	$ 7,500,000

Loans - Schedule of Loan Portfo

Loans - Schedule of Loan Portfolio by Category (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	$ 154,965,259	$ 159,585,657
Third-party loan acquisition and other net origination costs	249,953	268,101
Discount on loans previously held for sale	(193,465)	(199,176)
Allowance for loan losses	(1,119,225)	(1,124,925)	$ (1,065,016)	$ (1,041,445)
Total	153,902,522	158,529,657
Mortgage Loans One-to-Four Family [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	72,575,461	75,520,850
Mortgage Loans Commercial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	56,801,968	59,494,384
Mortgage Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	129,377,429	135,015,234
Commercial and Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	19,603,251	19,166,207
Allowance for loan losses	(261,015)	(263,721)	$ (86,102)	$ (80,854)
Consumer [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans, Gross	$ 5,984,579	$ 5,404,216

Allowance for Loan Losses (Deta

Allowance for Loan Losses (Details Narrative)	3 Months Ended
	Mar. 31, 2019USD ($)Integer	Mar. 31, 2018Integer	Dec. 31, 2018USD ($)
Receivables [Abstract]
Number of loans | Integer
Recorded investment of all loans modified as troubled debt restructurings | $	$ 42,961		$ 1,980

Allowance for Loan Losses - Sch

Allowance for Loan Losses - Schedule of Changes in the Allowance for Loan Losses and the Recorded Investment in Loans (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses Beginning balance	$ 1,124,925	$ 1,041,445
Allowance for loan losses Charge-offs	(51,200)	(16,429)
Allowance for loan losses Recoveries
Allowance for loan losses Provision (credit)	45,500	40,000
Allowance for loan losses Ending balance	1,119,225	1,065,016
Mortgage One-to-Four Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses Beginning balance	422,539	513,846
Allowance for loan losses Charge-offs	(28,268)	(16,429)
Allowance for loan losses Recoveries
Allowance for loan losses Provision (credit)	42,304	17,312
Allowance for loan losses Ending balance	436,575	514,729
Mortgage Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses Beginning balance	393,900	383,535
Allowance for loan losses Charge-offs	(22,932)
Allowance for loan losses Recoveries
Allowance for loan losses Provision (credit)	4,175	26,592
Allowance for loan losses Ending balance	375,143	410,127
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses Beginning balance	263,721	80,854
Allowance for loan losses Charge-offs
Allowance for loan losses Recoveries
Allowance for loan losses Provision (credit)	(2,706)	5,248
Allowance for loan losses Ending balance	261,015	86,102
Consumer and HELOC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses Beginning balance	44,765	63,210
Allowance for loan losses Charge-offs
Allowance for loan losses Recoveries
Allowance for loan losses Provision (credit)	1,727	(9,152)
Allowance for loan losses Ending balance	$ 46,492	$ 54,058

Allowance for Loan Losses - S_2

Allowance for Loan Losses - Schedule of Primary Segments of the Loan Portfolio (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	$ 1,119,225	$ 1,124,925	$ 1,065,016	$ 1,041,445
Loans	154,965,259	159,585,657
Loans Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	42,961	28,136
Loans	3,925,225	4,411,910
Loans Not Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	1,076,264	1,096,789
Loans	151,040,034	155,173,747
Mortgage One-to-Four Family [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	436,575	422,539	514,729	513,846
Loans	72,575,461	75,520,850
Mortgage One-to-Four Family [Member] | Loans Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	42,961	28,136
Loans	2,000,151	2,486,210
Mortgage One-to-Four Family [Member] | Loans Not Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	393,614	394,403
Loans	70,575,310	73,034,640
Mortgage Commercial [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	375,143	393,900	410,127	383,535
Loans	56,801,968	59,494,384
Mortgage Commercial [Member] | Loans Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses
Loans	1,763,219	1,768,845
Mortgage Commercial [Member] | Loans Not Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	375,143	393,900
Loans	55,038,749	57,725,539
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	261,015	263,721	86,102	80,854
Loans	19,603,251	19,166,207
Commercial and Industrial [Member] | Loans Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses
Loans	155,660	155,660
Commercial and Industrial [Member] | Loans Not Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	261,015	263,721
Loans	19,447,591	19,010,547
Consumer and HELOC [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	46,492	44,765	$ 54,058	$ 63,210
Loans	5,984,579	5,404,216
Consumer and HELOC [Member] | Loans Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses
Loans	6,195	1,195
Consumer and HELOC [Member] | Loans Not Deemed Impaired [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses	46,492	44,765
Loans	$ 5,978,384	$ 5,403,021

Allowance for Loan Losses - S_3

Allowance for Loan Losses - Schedule of Impaired Loans by Class (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 3,925,225	$ 4,411,910
Unpaid Principal Balance	3,925,225	4,411,910
Related Allowance	42,961	28,136
Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Recorded Investment	1,833,610	2,211,525
With no allowance recorded: Unpaid Principal Balance	1,833,610	2,211,525
With an allowance recorded: Recorded Investment	166,541	274,685
With an allowance recorded: Unpaid Principal Balance	166,541	274,685
With an allowance recorded: Related Allowance	42,961	28,136
Recorded Investment	2,000,151	2,486,210
Unpaid Principal Balance	2,000,151	2,486,210
Related Allowance	42,961	28,136
Mortgage Loans Commercial [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Recorded Investment	1,763,219	1,768,845
With no allowance recorded: Unpaid Principal Balance	1,763,219	1,768,845
With an allowance recorded: Recorded Investment
With an allowance recorded: Unpaid Principal Balance
With an allowance recorded: Related Allowance
Recorded Investment	1,763,219	1,768,845
Unpaid Principal Balance	1,763,219	1,768,845
Related Allowance
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Recorded Investment	155,660	155,660
With no allowance recorded: Unpaid Principal Balance	155,660	155,660
With an allowance recorded: Recorded Investment
With an allowance recorded: Unpaid Principal Balance
With an allowance recorded: Related Allowance
Recorded Investment	155,660	155,660
Unpaid Principal Balance	155,660	155,660
Related Allowance
Consumer and HELOC [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Recorded Investment	6,195	1,195
With no allowance recorded: Unpaid Principal Balance	6,195	1,195
With an allowance recorded: Recorded Investment
With an allowance recorded: Unpaid Principal Balance
With an allowance recorded: Related Allowance
Recorded Investment	6,195	1,195
Unpaid Principal Balance	6,195	1,195
Related Allowance

Allowance for Loan Losses - S_4

Allowance for Loan Losses - Schedule of Average Recorded Investment in Impaired Loans and Related Interest Income (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	$ 4,024,986	$ 3,595,221
Interest Income Recognized	25,036	4,317
Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Average Recorded Investment	1,789,634	1,889,111
With no allowance recorded: Interest Income Recognized	14,931	432
With an allowance recorded: Average Recorded Investment	308,916	398,413
With an allowance recorded: Interest Income Recognized	810	3,419
Average Recorded Investment	2,098,550	2,287,524
Interest Income Recognized	15,741	3,851
Mortgage Loans Commercial [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Average Recorded Investment	1,764,581	1,119,960
With no allowance recorded: Interest Income Recognized	9,295	466
With an allowance recorded: Average Recorded Investment
With an allowance recorded: Interest Income Recognized
Average Recorded Investment	1,764,581	1,119,960
Interest Income Recognized	9,295	466
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Average Recorded Investment	155,660	144,486
With no allowance recorded: Interest Income Recognized
With an allowance recorded: Average Recorded Investment
With an allowance recorded: Interest Income Recognized
Average Recorded Investment	155,660	144,486
Interest Income Recognized
Consumer and HELOC [Member]
Financing Receivable, Impaired [Line Items]
With no allowance recorded: Average Recorded Investment	6,195	14,006
With no allowance recorded: Interest Income Recognized
With an allowance recorded: Average Recorded Investment		29,245
With an allowance recorded: Interest Income Recognized
Average Recorded Investment	6,195	43,251
Interest Income Recognized

Allowance for Loan Losses - S_5

Allowance for Loan Losses - Schedule of Classes of the Loan Portfolio by Aging (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 4,834,965	$ 3,882,471
Current	150,130,294	155,703,186
Total Loans Receivable	154,965,259	159,585,657
90 Days or Greater Still Accruing
Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	3,235,689	2,631,240
Current	69,339,772	72,889,610
Total Loans Receivable	72,575,461	75,520,850
90 Days or Greater Still Accruing
Mortgage Loans Commercial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,262,430	1,094,376
Current	55,539,538	58,400,008
Total Loans Receivable	56,801,968	59,494,384
90 Days or Greater Still Accruing
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	300,920	155,660
Current	19,302,331	19,010,547
Total Loans Receivable	19,603,251	19,166,207
90 Days or Greater Still Accruing
Consumer and HELOC [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	35,926	1,195
Current	5,948,653	5,403,021
Total Loans Receivable	5,984,579	5,404,216
90 Days or Greater Still Accruing
30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,624,588	305,412
30 to 59 Days Past Due [Member] | Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,128,239	305,412
30 to 59 Days Past Due [Member] | Mortgage Loans Commercial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	321,358
30 to 59 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	145,260
30 to 59 Days Past Due [Member] | Consumer and HELOC [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	29,731
60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	557,774	624,784
60 to 89 Days Past Due [Member] | Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	557,774	624,784
60 to 89 Days Past Due [Member] | Mortgage Loans Commercial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
60 to 89 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
60 to 89 Days Past Due [Member] | Consumer and HELOC [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
90 Days or Greater Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	2,652,603	2,952,275
90 Days or Greater Past Due [Member] | Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	1,549,676	1,701,044
90 Days or Greater Past Due [Member] | Mortgage Loans Commercial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	941,072	1,094,376
90 Days or Greater Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	155,660	155,660
90 Days or Greater Past Due [Member] | Consumer and HELOC [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 6,195	$ 1,195

Allowance for Loan Losses - S_6

Allowance for Loan Losses - Schedule of Loans on Nonaccrual Status (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Loans on nonaccrual status	$ 2,862,691	$ 3,553,498
Mortgage Loans One-to-Four Family [Member]
Financing Receivable, Past Due [Line Items]
Loans on nonaccrual status	1,805,450	2,302,267
Mortgage Loans Commercial [Member]
Financing Receivable, Past Due [Line Items]
Loans on nonaccrual status	895,386	1,094,376
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans on nonaccrual status	155,660	155,660
Consumer and HELOC [Member]
Financing Receivable, Past Due [Line Items]
Loans on nonaccrual status	$ 6,195	$ 1,195

Allowance for Loan Losses - S_7

Allowance for Loan Losses - Schedule of Risk Category of Loans (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	$ 154,965,259	$ 159,585,657
Mortgage Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	56,801,968	59,494,384
Mortgage Commercial [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	55,234,860	57,773,482
Mortgage Commercial [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable
Mortgage Commercial [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	1,567,108	1,720,902
Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	19,603,251	19,166,207
Commercial and Industrial [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	15,465,122	15,028,078
Commercial and Industrial [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	3,982,469	3,982,469
Commercial and Industrial [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	$ 155,660	$ 155,660

Allowance for Loan Losses - S_8

Allowance for Loan Losses - Schedule of Balances of Loans by Class Based on Payment Performance (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	$ 154,965,259	$ 159,585,657
Mortgage One-to-Four Family [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	72,575,461	75,520,850
Consumer and HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	5,984,579	5,404,216
Performing Financial Instruments [Member] | Mortgage One-to-Four Family [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	70,770,011	73,218,583
Performing Financial Instruments [Member] | Consumer and HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	5,978,384	5,403,021
Nonperforming Financial Instruments [Member] | Mortgage One-to-Four Family [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	1,805,450	2,302,267
Nonperforming Financial Instruments [Member] | Consumer and HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	$ 6,195	$ 1,195

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares purchase for employee stock ownership program	88,131	88,131
ESOP compensation expense	$ 9,595
Employee Stock Option [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	20.00%
Vesting period	2 years
Employee Stock Option [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	40.00%
Vesting period	3 years
Employee Stock Option [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	60.00%
Vesting period	4 years
Employee Stock Option [Member] | Share Based Compensation Award Tranche Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	80.00%
Vesting period	5 years
Employee Stock Option [Member] | Share Based Compensation Award Tranche Five [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	100.00%
Vesting period	6 years

Regulatory Capital Requiremen_3

Regulatory Capital Requirements (Details Narrative)	Mar. 31, 2019	Dec. 31, 2018
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Common equity tier one risk based capital required for capital adequacy to risk weighted assets	4.50%
Tier one risk based capital required for capital adequacy to risk weighted assets	6.00%	6.00%
Capital required for capital adequacy to risk weighted assets	8.00%	8.00%
Tier one leverage capital required for capital adequacy to average assets	4.00%	4.00%
Percentage of Tier 1 capital greater than risk weighted assets	2.50%
Minimum percentage of capital conservation buffer as of January 1, 2018	1.875%
Percentage of capital conservation buffer on January 1, 2019	2.50%

Regulatory Capital Requiremen_4

Regulatory Capital Requirements - Schedule of Bank's Actual Capital Amounts and Ratios (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Common equity Tier 1 capital (to risk-weighted assets), Actual Amount	$ 20,517,023	$ 20,393,710
Common equity Tier 1 capital (to risk-weighted assets), Actual Ratio	14.45%	14.22%
Common equity Tier 1 capital (to risk-weighted assets), For capital adequacy purposes Amount	$ 6,389,910	$ 6,453,270
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 Amount	$ 9,229,870	$ 9,321,390
Common equity Tier 1 capital (to risk-weighted assets), To be well capitalized Ratio	6.50%	6.50%
Tier 1 capital (to risk-weighted assets), Actual Amount	$ 20,517,023	$ 20,393,710
Tier 1 capital (to risk-weighted assets), Actual Ratio	14.45%	14.22%
Tier 1 capital (to risk-weighted assets), For capital adequacy purposes Amount	$ 8,519,880	$ 8,604,360
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 Amount	$ 11,359,840	$ 11,472,480
Tier 1 capital (to risk-weighted assets), To be well capitalized Ratio	8.00%	8.00%
Total capital (to risk-weighted assets), Actual Amount	$ 21,636,248	$ 21,518,635
Total capital (to risk-weighted assets), Actual Ratio	15.24%	15.01%
Total capital (to risk-weighted assets), For capital adequacy purposes Amount	$ 11,359,840	$ 11,472,480
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 Amount	$ 14,199,800	$ 14,340,600
Total capital (to risk-weighted assets), To be well capitalized Ratio	10.00%	10.00%
Tier 1 capital (to average assets), Actual Amount	$ 20,517,023	$ 20,393,710
Tier 1 capital (to average assets), Actual Ratio	10.67%	11.59%
Tier 1 capital (to average assets), For capital adequacy purposes Amount	$ 7,692,174	$ 7,036,287
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 Amount	$ 9,615,217	$ 8,795,358
Tier 1 capital (to average assets), To be well capitalized Ratio	5.00%	5.00%

Commitments - Schedule of Off-B

Commitments - Schedule of Off-Balance Sheet Commitments (Details)	Mar. 31, 2019USD ($)
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	$ 17,629,457
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	2,544,500
Construction Unadvanced Funds [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	4,421,435
Unused Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	7,802,387
Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	$ 2,861,135

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets Reported On the Balance Sheets Fair Value on Recurring Basis (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 8,709,848	$ 9,068,101
Mortgage-backed Securities in Government-Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,740,880	3,865,080
Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	1,533,334	1,501,962
Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,243,633	3,508,735
U.S. Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	192,001	192,324
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	192,001	192,324
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	8,517,847	8,875,777
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities in Government-Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,740,880	3,865,080
Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	1,533,334	1,501,962
Fair Value, Measurements, Recurring [Member] | Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,243,633	3,508,735
Fair Value, Measurements, Recurring [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	192,001	192,324
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	269,435	234,344
Fair Value, Measurements, Recurring [Member] | Impaired Loans with Reserve [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	123,580	246,549
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities in Government-Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	192,001	192,324
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage Servicing Rights [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Impaired Loans with Reserve [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities in Government-Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,740,880	3,865,080
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	1,533,334	1,501,962
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,243,633	3,508,735
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage Servicing Rights [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Impaired Loans with Reserve [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities in Government-Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	269,435	234,344
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Impaired Loans with Reserve [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 123,580	$ 246,549

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Assets Reported On the Balance Sheets Fair Value on Nonrecurring Basis (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	$ 109,832	$ 138,100
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	109,832	138,100
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	$ 109,832	$ 138,100

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Significant Unobservable Inputs Used in the Fair Value Measurement Process (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, Fair Value	$ 109,832	$ 138,100
Impaired loans with reserve, Fair Value	123,580	246,549
Mortgage servicing rights, Fair Value	$ 269,435	$ 234,344
Weighted Average [Member] | Valuation Technique Appraised Collateral Values [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.00%	10.00%
Weighted Average [Member] | Valuation Unobservable Inputs Discount For Time Since Appraisal [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.00%	10.00%
Weighted Average One [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	(10.00%)	(10.00%)
Weighted Average Two [Member] | Valuation Unobservable Inputs Selling Costs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.00%	10.00%
Weighted Average Three [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	(10.00%)	(10.00%)
Weighted Average Four [Member] | Valuation Technique Discounted Cash Flows [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.00%	10.00%
Weighted Average Four [Member] | Valuation Unobservable Inputs Discount for Evaluation [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.00%	10.00%
Weighted Average Five [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	(10.00%)	(10.00%)
Weighted Average Six [Member] | Valuation Unobservable Inputs Selling Costs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.00%	10.00%
Weighted Average Seven [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	(10.00%)	(10.00%)
Weighted Average Eight [Member] | Valuation Technique Discounted Cash Flows [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	8.49%	8.49%
Weighted Average Eight [Member] | Valuation Technique Discounted Cash Flows [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.52%	10.52%
Weighted Average Eight [Member] | Valuation Unobservable Inputs Loan Prepayment Speeds [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	8.49%	8.49%
Weighted Average Eight [Member] | Valuation Unobservable Inputs Loan Prepayment Speeds [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	10.52%	10.52%
Weighted Average Nine [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value measurement Weighted Average rate	(9.39%)	(9.69%)

Fair Value Measurements - Sch_4

Fair Value Measurements - Schedule of Estimated Fair Values of the Bank's Financial Instruments (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets: Certificates of deposit	$ 1,245,000	$ 846,000
Investment securities: Available for sale	8,709,848	9,068,101
Investment securities: Held to maturity	5,808	6,478
Investment securities: Accrued interest receivable	662,147	639,474
Financial liabilities: Accrued interest payable	258,091	255,486
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets: Cash and cash equivalents	20,336,030	9,034,070
Financial assets: Certificates of deposit
Investment securities: Available for sale	192,001	192,324
Investment securities: Held to maturity
Investment securities: Loans, net
Investment securities: Accrued interest receivable
Investment securities: FHLB stock
Financial liabilities: Deposits	47,321,059	42,989,629
Financial liabilities: FHLB advances
Financial liabilities: Accrued interest payable
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets: Cash and cash equivalents
Financial assets: Certificates of deposit	1,252,000	837,828
Investment securities: Available for sale	8,517,847	8,875,777
Investment securities: Held to maturity	5,808	6,478
Investment securities: Loans, net
Investment securities: Accrued interest receivable	662,147	639,474
Investment securities: FHLB stock
Financial liabilities: Deposits
Financial liabilities: FHLB advances	31,585,500	31,242,500
Financial liabilities: Accrued interest payable	258,091	255,486
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets: Cash and cash equivalents
Financial assets: Certificates of deposit
Investment securities: Available for sale
Investment securities: Held to maturity
Investment securities: Loans, net	155,356,522	159,275,657
Investment securities: Accrued interest receivable
Investment securities: FHLB stock	2,715,700	2,651,400
Financial liabilities: Deposits	94,926,834	91,650,137
Financial liabilities: FHLB advances
Financial liabilities: Accrued interest payable
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets: Cash and cash equivalents	20,336,030	9,034,070
Financial assets: Certificates of deposit	1,245,000	846,000
Investment securities: Available for sale	8,709,848	9,068,101
Investment securities: Held to maturity	5,743	6,394
Investment securities: Loans, net	153,902,522	158,529,657
Investment securities: Accrued interest receivable	662,147	639,474
Investment securities: FHLB stock	2,715,700	2,651,400
Financial liabilities: Deposits	142,533,893	136,108,766
Financial liabilities: FHLB advances	31,374,500	31,374,500
Financial liabilities: Accrued interest payable	258,091	255,486
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets: Cash and cash equivalents	20,336,030	9,034,070
Financial assets: Certificates of deposit	1,252,000	837,828
Investment securities: Available for sale	8,709,848	9,068,101
Investment securities: Held to maturity	5,808	6,478
Investment securities: Loans, net	155,356,522	159,275,657
Investment securities: Accrued interest receivable	662,147	639,474
Investment securities: FHLB stock	2,715,700	2,651,400
Financial liabilities: Deposits	142,247,893	134,639,766
Financial liabilities: FHLB advances	31,585,500	31,242,500
Financial liabilities: Accrued interest payable	$ 258,091	$ 255,486

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Schedule of Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period	$ (74,623)
Net other comprehensive income (loss)	108,419	$ (22,849)
Accumulated other comprehensive income (loss), end of period	33,796		$ (74,623)
Net Unrealized Gain (Loss) on Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period	(74,623)	(23,487)	(23,487)
Other comprehensive income (loss) on securities before reclassification, net of tax	112,994	(22,849)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(4,575)
Net other comprehensive income (loss)	108,419	(22,849)
Reclassification of certain income tax effects from accumulated other comprehensive loss
Accumulated other comprehensive income (loss), end of period	$ 33,796	$ (46,336)	$ (74,623)

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation of Earnings Per Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
EARNINGS PER COMMON SHARE
Net Income	$ 112,713	$ 47,250
Average shares outstanding	2,248,250
Less: Average unearned ESOP shares	83,174
Total shares outstanding for basic EPS:	2,165,076
Additional dilutive shares
Shares outstanding for basic and diluted EPS	2,165,076
Basic and diluted income per share	$ 0.05