Mid-Southern Bancorp (MSVB) 10-Q 28 Jun 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Jun. 15, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	Mid-Southern Bancorp, Inc.
Entity Central Index Key	1,734,875
Trading Symbol	msvb
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		0
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 741	$ 1,151
Interest-bearing deposits with banks	15,596	6,313
Cash and cash equivalents	16,337	7,464
Securities available for sale, at fair value	42,802	45,716
Securities held to maturity	138	163
Loans, net	116,302	114,896
Federal Home Loan Bank stock, at cost	778	778
Foreclosed real estate	38	176
Real estate held for sale	270	270
Premises and equipment	2,005	2,032
Accrued interest receivable:
Loans	408	421
Securities	250	241
Cash value of life insurance	3,661	3,642
Other assets	1,019	878
Total Assets	184,008	176,677
Deposits:
Noninterest-bearing	17,761	18,008
Interest-bearing	138,876	133,885
Total deposits	156,637	151,893
Advances from Federal Home Loan Bank	3,000
Accrued expenses and other liabilities	510	630
Total Liabilities	160,147	152,523
STOCKHOLDERS' EQUITY
Preferred stock of $1 par value per share: Authorized 1,000,000 shares; none issued
Common stock of $1 par value per share: Authorized 10,000,000 shares; issued 1,471,712 shares (1,471,612 in 2017); outstanding 1,469,380 shares (1,469,280 in 2017)	1,472	1,472
Additional paid-in capital	3,503	3,501
Retained earnings-substantially restricted	19,647	19,326
Accumulated other comprehensive loss	(661)	(47)
Unearned stock compensation plan	(5)	(3)
Less treasury stock, at cost - 2,332 shares (2,332 in 2017)	(95)	(95)
Total Stockholders' Equity	23,861	24,154
Total Liabilities and Stockholders' Equity	$ 184,008	$ 176,677

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, no par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	1,471,712	1,471,612
Common stock, shares outstanding	1,469,380	1,469,280
Treasury stock, shares	2,332	2,332

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
INTEREST INCOME
Loans, including fees	$ 1,344	$ 1,336
Investment securities:
Mortgage-backed securities	106	142
Municipal tax exempt	102	45
Other debt securities	71	77
Federal Home Loan Bank dividends	13	8
Interest-bearing deposits with banks and time deposits	21	12
Total interest income	1,657	1,620
INTEREST EXPENSE
Deposits	165	162
Borrowings	9
Total interest expense	174	162
Net interest income	1,483	1,458
Recapture of provision for loan losses		(300)
Net interest income after provision for loan losses	1,483	1,758
NONINTEREST INCOME
Deposit account service charges	95	104
Increase in cash value of life insurance	18	19
ATM and debit card fee income	84	80
Other income	12	12
Total noninterest income	209	215
NONINTEREST EXPENSE
Compensation and benefits	680	627
Occupancy and equipment	119	128
Data processing	180	169
Professional fees	107	90
Net (gain) loss on foreclosed real estate	(16)	14
Directors' fees	45	40
Loan expenses	18	20
Deposit insurance premiums	14	15
Other expenses	147	152
Total noninterest expense	1,294	1,255
Income before income taxes	398	718
Income tax expense	77	251
Net Income	$ 321	$ 467
Net income per common share, basic (in dollars per share)	$ 0.22	$ 0.32
Net income per common share, diluted (in dollars per share)	$ 0.22	$ 0.32

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net Income	$ 321	$ 467
Change in net unrealized loss on securities available for sale:
Net unrealized holding (losses) gains arising during the period	(817)	54
Income tax benefit (expense)	203	(21)
Net of tax amount	(614)	33
Other Comprehensive (Loss) Income	(614)	33
Total Comprehensive (Loss) Income	$ (293)	$ 500

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unearned Stock Compensation	Treasury Stock	Total
Balances at Dec. 31, 2016	$ 1,472	$ 3,499	$ 18,232	$ (180)	$ (5)	$ (93)	$ 22,925
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			467				467
Other comprehensive income				33			33
Forfeiture of unearned stock awards					2	(2)
Grant of common stock for stock compensation - 100 shares		2			(2)
Balances at Mar. 31, 2017	1,472	3,501	18,699	(147)	(5)	(95)	23,425
Balances at Dec. 31, 2017	1,472	3,501	19,326	(47)	(3)	(95)	24,154
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			321				321
Other comprehensive income				(614)			(614)
Grant of common stock for stock compensation - 100 shares		2			(2)
Balances at Mar. 31, 2018	$ 1,472	$ 3,503	$ 19,647	$ (661)	$ (5)	$ (95)	$ 23,861

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Stockholders' Equity [Abstract]
Number of shares granted for stock compensation	100	100

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 321	$ 467
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of premiums and accretion of discounts on securities, net	11	47
Recapture of provision for loan losses		(300)
Depreciation expense	28	33
Deferred income taxes	22	163
Increase in cash value of life insurance	(18)	(19)
Net realized and unrealized (gain) loss on foreclosed real estate	(16)	14
Decrease in accrued interest receivable	4	45
Net change in other assets and liabilities	(78)	(60)
Net Cash Provided By Operating Activities	274	390
CASH FLOWS FROM INVESTING ACTIVITIES
Principal collected on mortgage-backed securities available for sale	2,085	1,950
Principal collected on mortgage-backed securities held to maturity	24	18
Proceeds from maturities of securities held to maturity		25
Net increase in loans receivable	(1,495)	(1,734)
Investment in cash value of life insurance	(1)	(1)
Proceeds from the sale of foreclosed real estate	243	55
Purchase of premises and equipment	(1)	(1)
Net Cash Provided By Investing Activities	855	312
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	4,744	2,868
Advances from Federal Home Loan Bank	3,000
Net Cash Provided By Financing Activities	7,744	2,868
Net Increase in Cash and Cash Equivalents	8,873	3,570
Cash and cash equivalents at beginning of year	7,464	8,311
Cash and Cash Equivalents at End of Year	$ 16,337	$ 11,881

Presentation of Interim Informa

Presentation of Interim Information	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Presentation of Interim Information	1. Presentation of Interim Information Mid-Southern Savings Bank, FSB and Subsidiary (the "Bank") is a 70.83% owned subsidiary of Mid-Southern, M.H.C., a federally chartered mutual holding company (the "MHC"). Mid-Southern Bancorp, Inc. ("Company") was incorporated in January 2018 as the proposed holding company for the Bank, in connection with the MHC's plan of conversion from mutual to stock form of ownership. (See Note 2) The unaudited interim consolidated financial information presented in this report includes only the interim financial information of the Bank and its wholly-owned subsidiary, Mid-Southern Investments, Inc. In the opinion of management, the unaudited consolidated financial statements include all adjustments considered necessary to present fairly the financial position as of March 31, 2018, and the results of operations and the cash flows for the three months ended March 31, 2018 and 2017. All of these adjustments are of a normal, recurring nature. Such adjustments are the only adjustments included in the unaudited consolidated financial statements. Interim results are not necessarily indicative of results for a full year or any other period. The accompanying unaudited consolidated financial statements and notes have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial statements and are presented as permitted by the instructions to Form 10-Q. Accordingly, they do not contain certain information included in the Bank's annual audited consolidated financial statements and related footnotes for the year ended December 31, 2017 included in the Company's prospectus dated May 14, 2018 and filed with the Securities and Exchange Commission (the "SEC") on May 24, 2018. The unaudited consolidated financial statements include the accounts of the Bank and its subsidiary. All material intercompany balances and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform with the current period presentation. The reclassifications had no effect on net income or stockholders' equity.

Plan of Conversion and Change i

Plan of Conversion and Change in Corporate Form	3 Months Ended
	Mar. 31, 2018
Plan Of Conversion And Change In Corporate Form [Abstract]
Plan of Conversion and Change in Corporate Form	2. Plan of Conversion and Change in Corporate Form On January 24, 2018, the boards of directors of the MHC and the Bank adopted a Plan of Conversion and Reorganization (the "Plan"). The Plan was approved on May 4, 2018 by the Board of Governors of the Federal Reserve System. The Plan must also be approved by the affirmative vote of at least a majority of the total votes eligible to be cast by the voting members of the Bank, excluding shares held by the MHC at a special meeting to be held on June 28, 2018. Pursuant to the Plan, the MHC proposes to convert from the mutual holding company form of organization to the capital stock form of organization and merge with and into the Company. As part of the conversion, the Company is offering up to 2,559,871 shares of common stock for sale to the public at $10.00 per share based upon a valuation by an independent appraiser. The Bank's Board of Directors will adopt an employee stock ownership plan ("ESOP") which will subscribe for 8% of the common stock sold in the offering. Each minority shareholder of the Bank will receive common stock of the Company in exchange for their shares of common stock of the Bank. As a result, at the time of the conversion, the Bank will become a wholly-owned subsidiary of the Company. The conversion and reorganization is expected to be completed by the second quarter of 2018, subject to the receipt of final regulatory approvals and approval by the Bank's shareholders. The costs of issuing the common stock will be deferred and deducted from the sales proceeds of the offering. If the conversion is unsuccessful, all deferred costs will be charged to operations. The Bank has $412,000 (unaudited) and $143,000 in deferred conversion costs as of March 31, 2018 and December 31, 2017, respectively. At the completion of the Conversion, the Company will establish a liquidation account in an amount equal to the MHC's ownership interest in the stockholders' equity of the Bank as reflected in the latest consolidated balance sheet contained in the final prospectus plus the value of the net assets of the MHC as reflected in the latest balance sheet of the MHC prior to the effective date of the conversion (excluding its ownership of Bank common stock). The liquidation account will be maintained for the benefit of eligible account holders who maintain deposit accounts with the Bank after conversion. The conversion will be accounted for as a change in corporate form with the historic basis of the Bank's assets, liabilities and equity unchanged as a result.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Investment Securities	3. Investment Securities Investment securities have been classified in the consolidated balance sheets according to management's intent. Debt securities held by the Bank include mortgage-backed securities and other debt securities issued by the Government National Mortgage Association ("GNMA"), a U.S. government agency, and mortgage-backed securities and collateralized mortgage obligations issued by the Federal National Mortgage Association ("FNMA") and the Federal Home Loan Mortgage Corporation ("FHLMC"), which are government-sponsored enterprises. Mortgage-backed securities ("MBS") represent participating interests in pools of long-term first mortgage loans originated and serviced by the issuers of the securities. Collateralized mortgage obligations ("CMO") are complex mortgage-backed securities that restructure the cash flows and risks of the underlying mortgage collateral. The Bank also holds debt securities issued by municipalities and political subdivisions of state and local governments. Investment securities at March 31, 2018 and December 31, 2017 are summarized as follows: Gross Gross (In thousands) Amortized Unrealized Unrealized Fair March 31, 2018: Cost Gains Losses Value Securities available for sale: Agency MBS $ 13,865 $ - $ 426 $ 13,439 Agency CMO 8,377 - 218 8,159 22,242 - 644 21,598 Other debt securities: Municipal obligations 21,440 121 357 21,204 Total securities available for sale $ 43,682 $ 121 $ 1,001 $ 42,802 Securities held to maturity: Agency MBS $ 73 $ 3 $ - $ 76 Municipal obligations 65 1 - 66 Total securities held to maturity $ 138 $ 4 $ - $ 142 December 31, 2017: Securities available for sale: Agency MBS $ 14,604 $ - $ 208 $ 14,396 Agency CMO 8,700 - 121 8,579 23,304 - 329 22,975 Other debt securities: Federal agency 1,000 - 1 999 Municipal obligations 21,474 343 75 21,742 Total securities available for sale $ 45,778 $ 343 $ 405 $ 45,716 Securities held to maturity: Agency MBS $ 78 $ 2 $ - $ 80 Municipal obligations 85 2 - 87 Total securities held to maturity $ 163 $ 4 $ - $ 167 The amortized cost and fair value of debt securities as of March 31, 2018, by contractual maturity, are shown below. Expected maturities of MBS and CMO may differ from contractual maturities because the mortgages underlying the obligations may be prepaid without penalty. Available for Sale Held to Maturity Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Due in one year or less $ 388 $ 390 $ - $ - Due after one year through five years 850 889 65 66 Due after five years through ten years 5,584 5,499 - - Due after ten years 14,618 14,426 - - 21,440 21,204 65 66 MBS and CMO 22,242 21,598 73 76 $ 43,682 $ 42,802 $ 138 $ 142 Information pertaining to investment securities available for sale with gross unrealized losses at March 31, 2018, aggregated by investment category and the length of time that individual investment securities have been in a continuous position, follows. At March 31, 2018, the Bank did not have any securities held to maturity with an unrealized loss. Number of Gross (Dollars in thousands) Investment Fair Unrealized March 31, 2018: Positions Value Losses Securities available for sale: Continuous loss position less than 12 months: Agency MBS 3 2,509 36 Agency CMO 4 4,630 27 Municipal obligations 28 13,381 251 Total less than 12 months 35 20,520 314 Continuous loss position more than 12 months: Agency MBS 11 10,927 390 Agency CMO 3 3,529 191 Municipal obligations 3 1,904 106 Total more than 12 months 17 16,360 687 Total securities available for sale 52 $ 36,880 $ 1,001 Information pertaining to investment securities available for sale with gross unrealized losses at December 31, 2017, aggregated by investment category and the length of time that individual investment securities have been in a continuous position, follows. At December 31, 2017, the Bank did not have any securities held to maturity with an unrealized loss. Number of Gross (Dollars in thousands) Investment Fair Unrealized December 31, 2017: Positions Value Losses Securities available for sale: Continuous loss position less than 12 months: Federal agency 1 $ 999 $ 1 Agency MBS 3 2,543 13 Agency CMO 4 4,777 12 Municipal obligations 4 2,539 13 Total less than 12 months 12 10,858 39 Continuous loss position more than 12 months: Agency MBS 12 11,848 195 Agency CMO 3 3,802 109 Municipal obligations 3 1,949 62 Total more than 12 months 18 17,599 366 Total securities available for sale 30 $ 28,457 $ 405 Management evaluates securities for other-than-temporary impairment at least quarterly, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Bank to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recover in fair value. At March 31, 2018, the debt securities in the available for sale classification in a loss position had depreciated approximately 2.6% from the amortized cost basis. All of the debt securities in a loss position at March 31, 2018 were backed by residential first mortgage loans or were obligations issued by federal or local government-sponsored enterprises. These unrealized losses relate principally to current interest rates for similar types of securities. In analyzing an issuer's financial condition for purposes of evaluating whether declines in value are other-than-temporary, management considers whether the securities are issued by the federal government, its agencies or sponsored enterprises or local governments, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuer's financial condition. As the Bank has the ability to hold the debt securities until maturity, or for the foreseeable future if classified as available for sale, no declines are deemed to be other-than-temporary. While management does not anticipate any credit-related impairment losses at March 31, 2018, additional deterioration in market and economic conditions may have an adverse impact on credit quality in the future. During both of the three month periods ended March 31, 2018 and 2017, the Bank did not have any security sales.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans and Allowance for Loan Losses	4. Loans and Allowance for Loan Losses The Bank's loan and allowance for loan loss policies are as follows: Loans Held for Investment. Loan origination and commitment fees, as well as certain direct costs of underwriting and closing loans, are deferred and amortized as a yield adjustment to interest income over the lives of the related loans using the interest method. Amortization of net deferred loan fees is discontinued when a loan is placed on nonaccrual status. Nonaccrual Loans. A loan is restored to accrual status when all principal and interest payments are brought current and the borrower has demonstrated the ability to make future payments of principal and interest as scheduled, which generally requires that the borrower demonstrate a period of performance of at least six consecutive months. Allowance for Loan Losses. The Bank uses a disciplined process and methodology to evaluate the allowance for loan losses on at least a quarterly basis that is based upon management's periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower's ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are individually evaluated for impairment or loans otherwise classified as doubtful or substandard. For such loans that are classified as impaired, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and classified loans that are found, upon individual evaluation, to not be impaired. Such loans are pooled by portfolio segment and losses are modeled using annualized historical loss experience adjusted for qualitative factors. The historical loss experience is determined by portfolio segment and is based on the Bank's actual loss history over the most recent twenty calendar quarters unless the historical loss experience is not considered indicative of the level of risk in the remaining balance of a particular portfolio segment, in which case an adjustment is determined by management. The Bank's historical loss experience is then adjusted for qualitative factors that are reviewed on a quarterly basis. Management's determination of the allowance for loan losses considers changes and trends in the following qualitative loss factors: loan administration, national and local economic conditions, new loan trends, past due and nonaccrual loans, collateral values, credit concentrations and other internal and external factors such as competition, legal and regulatory changes. Each qualitative factor is assigned a rating and a factor weight in determining the adjusted loss factors used in management's allowance for loan losses adequacy calculation. Management exercises significant judgment in evaluating the relevant historical loss experience and the qualitative factors. Management also monitors the differences between estimated and actual incurred loan losses for loans considered impaired in order to evaluate the effectiveness of the estimation process and make any changes in the methodology as necessary. The following portfolio segments are considered in the allowance for loan loss analysis: one-to-four family residential real estate, multi-family residential real estate, construction, commercial real estate, commercial business, and consumer loans. Residential real estate loans primarily consist of loans to individuals for the purchase or refinance of their primary residence, with a smaller portion of the segment secured by non-owner-occupied residential investment properties and multi-family residential investment properties. The risks associated with residential real estate loans are closely correlated to the local housing market and general economic conditions, as repayment of the loans is primarily dependent on the borrower's or tenant's personal cash flow and employment status. The Bank's construction loan portfolio consists of single-family residential properties, multi-family properties and commercial projects, and includes both owner-occupied and speculative investment properties. Risks inherent in construction lending are related to the market value of the property held as collateral, the cost and timing of constructing or improving a property, the borrower's ability to use funds generated by a project to service a loan until a project is completed, movements in interest rates and the real estate market during the construction phase, and the ability of the borrower to obtain permanent financing. Commercial real estate loans are comprised of loans secured by various types of collateral including farmland, office buildings, warehouses, retail space and mixed use buildings located in the Bank's primary lending area. Risks related to commercial real estate lending are related to the market value of the property taken as collateral, the underlying cash flows and general economic condition of the local real estate market. Repayment of these loans is generally dependent on the ability of the borrower to attract tenants at lease rates or general business operating cash flows that provide for adequate debt service and can be impacted by local economic conditions which impact vacancy rates and the general level of business activity. The Bank generally obtains loan guarantees from financially capable parties for commercial real estate loans. Commercial business loans include lines of credit to businesses, term loans and letters of credit secured by business assets such as equipment, accounts receivable, inventory, or other assets excluding real estate and are generally made to finance capital expenditures or fund operations. Commercial loans contain risks related to the value of the collateral securing the loan and the repayment is primarily dependent upon the financial success and viability of the borrower. As with commercial real estate loans, the Bank generally obtains loan guarantees from financially capable parties for commercial business loans. Consumer loans consist primarily of home equity lines of credit and other loans secured by junior liens on the borrower's personal residence, home improvement loans, automobile and truck loans, boat loans, mobile home loans, loans secured by savings deposits, and other personal loans. The risks associated with these loans are related to the local housing market and local economic conditions including the unemployment level. Loan Charge-Offs. Consumer loans not secured by real estate are typically charged off at 90 days past due, or earlier if deemed uncollectible, unless the loans are in the process of collection. Overdrafts are charged off after 60 days past due. A charge-off is typically recorded on a loan secured by real estate when the property is foreclosed upon when the carrying value of the loan exceeds the property's fair value less the estimated costs to sell. Impaired Loans. Values for collateral dependent loans are generally based on appraisals obtained from independent licensed real estate appraisers, with adjustments applied for estimated costs to sell the property, costs to complete unfinished or repair damaged property and other factors. New appraisals or valuations are generally obtained for all significant properties (if the value is estimated to exceed $100,000) when a loan is identified as impaired. Subsequent appraisals are obtained or an internal evaluation is prepared annually, or more frequently if management believes there has been a significant change in the market value of a collateral property securing a collateral dependent impaired loan. In instances where it is not deemed necessary to obtain a new appraisal, management bases its impairment evaluation on the original appraisal with adjustments for current conditions based on management's assessment of market factors and inspection of the property. At March 31, 2018 and December 31, 2017, the recorded investments in loans secured by residential real estate properties for which formal foreclosure proceedings are in process was $47,000 and $290,000, respectively. Loans at March 31, 2018 and December 31, 2017 consisted of the following: March 31, December 31, (In thousands) 2018 2017 Real estate mortgage loans: One-to-four family residential $ 79,388 $ 79,899 Multi-family residential 6,455 6,352 Residential construction - 108 Commercial real estate 22,848 22,315 Commercial real estate construction 2,982 2,061 Commercial business loans 4,201 3,875 Consumer loans 2,059 1,978 Total loans 117,933 116,588 Deferred loan origination fees and costs, net 31 31 Allowance for loan losses (1,662 ) (1,723 ) Loans, net $ 116,302 $ 114,896 The following table provides the components of the Bank's recorded investment in loans at March 31, 2018: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 79,388 $ 6,455 $ 2,982 $ 22,848 $ 4,201 $ 2,059 $ 117,933 Accrued interest receivable 274 18 9 85 16 6 408 Net deferred loan fees/ costs (4 ) (8 ) (4 ) (6 ) 10 43 31 Recorded investment in loans $ 79,658 $ 6,465 $ 2,987 $ 22,927 $ 4,227 $ 2,108 $ 118,372 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 3,517 $ - $ - $ 1,338 $ 517 $ - $ 5,372 Collectively evaluated for impairment 76,141 6,465 2,987 21,589 3,710 2,108 113,000 Ending balance $ 79,658 $ 6,465 $ 2,987 $ 22,927 $ 4,227 $ 2,108 $ 118,372 The following table provides the components of the Bank's recorded investment in loans at December 31, 2017: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 79,899 $ 6,352 $ 2,169 $ 22,315 $ 3,875 $ 1,978 $ 116,588 Accrued interest receivable 301 15 6 81 13 5 421 Net deferred loan fees/ costs - (8 ) (6 ) (5 ) 7 43 31 Recorded investment in loans $ 80,200 $ 6,359 $ 2,169 $ 22,391 $ 3,895 $ 2,026 $ 117,040 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 4,416 $ - $ - $ 1,628 $ 524 $ - $ 6,568 Collectively evaluated for impairment 75,784 6,359 2,169 20,763 3,371 2,026 110,472 Ending balance $ 80,200 $ 6,359 $ 2,169 $ 22,391 $ 3,895 $ 2,026 $ 117,040 An analysis of the allowance for loan losses as of March 31, 2018 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Ending allowance balance attributable to loans: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 48 $ - $ - $ 24 $ 50 $ - $ 122 Collectively evaluated for impairment 997 191 27 239 53 33 1,540 Ending balance $ 1,045 $ 191 $ 27 $ 263 $ 103 $ 33 $ 1,662 An analysis of the allowance for loan losses as of December 31, 2017 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 56 $ - $ - $ 28 $ 58 $ - $ 142 Collectively evaluated for impairment 1,014 220 20 241 53 33 1,581 Ending balance $ 1,070 $ 220 $ 20 $ 269 $ 111 $ 33 $ 1,723 An analysis of the changes in the allowance for loan losses for the three months ended March 31, 2018 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total Allowance for Loan Losses: (In thousands) Beginning balance $ 1,070 $ 220 $ 20 $ 269 $ 111 $ 33 $ 1,723 Provisions 38 (29 ) 7 (8 ) (8 ) - - Charge-offs (72 ) - - - - (3 ) (75 ) Recoveries 9 - - 2 - 3 14 Ending balance $ 1,045 $ 191 $ 27 $ 263 $ 103 $ 33 $ 1,662 An analysis of the changes in the allowance for loan losses for the three months ended March 31, 2017 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total Allowance for Loan Losses: (In thousands) Beginning balance $ 1,571 $ 338 $ 9 $ 404 $ 134 $ 47 $ 2,503 Provisions 19 (17 ) (1 ) (28 ) 25 2 - Charge-offs (49 ) - - - - (3 ) (52 ) Recoveries 2 - - - - 3 5 Ending balance $ 1,543 $ 321 $ 8 $ 376 $ 159 $ 49 $ 2,456 The following table summarizes the Bank's impaired loans as of March 31, 2018 and for the three months ended March 31, 2018 and 2017. The Bank did not recognize any interest income on impaired loans using the cash receipts method of accounting for the three month periods ended March 31, 2018 and 2017: At March 31, 2018 Three Months Ended March 31, 2018 Three Months Ended March 31, 2017 Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized Loans with no related allowance recorded: (In thousands) One-to-four family residential $ 1,897 $ 2,360 $ - $ 1,694 $ 3 $ 1,775 $ 9 Multi-family residential - - - - - - - Construction - - - - - - - Commercial real estate 619 657 - 651 4 833 12 Commercial business 10 9 - 10 - 18 - Consumer - - - - - 32 - $ 2,526 $ 3,026 $ - $ 2,355 $ 7 $ 2,658 $ 21 Loans with an allowance recorded: One-to-four family residential $ 675 $ 716 $ 48 $ 696 $ 8 $ 784 $ 32 Multi-family residential - - - - - - - Construction - - - - - - - Commercial real estate 388 398 24 361 6 426 21 Commercial business 507 566 50 511 7 574 30 Consumer - - - - - 2 - $ 1,570 $ 1,680 $ 122 $ 1,568 $ 21 $ 1,786 $ 83 Total: One-to-four family residential $ 2,572 $ 3,076 $ 48 $ 2,390 $ 11 $ 2,559 $ 41 Multi-family residential - - - - - - - Construction - - - - - - - Commercial real estate 1,007 1,055 24 1,012 10 1,259 33 Commercial business 517 575 50 521 7 592 30 Consumer - - - - - 34 - $ 4,096 $ 4,706 $ 122 $ 3,923 $ 28 $ 4,444 $ 104 The following table summarizes the Bank's impaired loans as of December 31, 2017: Unpaid Recorded Principal Related Investment Balance Allowance Loans with no related allowance recorded: (In thousands) One-to-four family residential $ 1,492 $ 1,980 $ - Multi-family residential - - - Construction - - - Commercial real estate 684 761 - Commercial business 11 10 - Consumer - - - $ 2,187 $ 2,751 $ - Loans with an allowance recorded: One-to-four family residential $ 718 $ 766 $ 56 Multi-family residential - - - Construction - - - Commercial real estate 335 348 28 Commercial business 514 573 58 Consumer - - - $ 1,567 $ 1,687 $ 142 Total: One-to-four family residential $ 2,210 $ 2,746 $ 56 Multi-family residential - - - Construction - - - Commercial real estate 1,019 1,109 28 Commercial business 525 583 58 Consumer - - - $ 3,754 $ 4,438 $ 142 Nonperforming loans consists of nonaccrual loans and loans over 90 days past due and still accruing interest. The following table presents the recorded investment in nonperforming loans at March 31, 2018 and December 31, 2017: At March 31, 2018 At December 31, 2017 Loans 90+ Loans 90+ Days Total Days Total Nonaccrual Past Due Nonperforming Nonaccrual Past Due Nonperforming Loans Still Accruing Loans Loans Still Accruing Loans (In thousands) One-to-four family residential $ 1,668 $ - $ 1,668 $ 1,333 $ - $ 1,333 Multi-family residential - - - - - - Construction - - - - - - Commercial real estate 530 - 530 535 - 535 Commercial business 10 - 10 10 - 10 Consumer - - - - - - Total $ 2,208 $ - $ 2,208 $ 1,878 $ - $ 1,878 The following table presents the aging of the recorded investment in loans at March 31, 2018: Over 90 30-59 Days 60-89 Days Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) One-to-four family residential $ 1,186 $ 597 $ 718 $ 2,501 $ 77,157 $ 79,658 Multi-family residential - - - - 6,465 6,465 Construction - - - - 2,987 2,987 Commercial real estate 157 - 83 240 22,687 22,927 Commercial business 10 - - 10 4,217 4,227 Consumer 12 - - 12 2,096 2,108 Total $ 1,365 $ 597 $ 801 $ 2,763 $ 115,609 $ 118,372 The following table presents the aging of the recorded investment in loans at December 31, 2017: Over 90 30-59 Days 60-89 Days Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) One-to-four family residential $ 1,599 $ 1,276 $ 512 $ 3,387 $ 76,813 $ 80,200 Multi-family residential - - - - 6,359 6,359 Construction - - - - 2,169 2,169 Commercial real estate 88 189 97 374 22,017 22,391 Commercial business 5 - - 5 3,890 3,895 Consumer - - - - 2,026 2,026 Total $ 1,692 $ 1,465 $ 609 $ 3,766 $ 113,274 $ 117,040 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, public information, historical payment experience, credit documentation, and current economic trends, among other factors. The Bank classifies loans based on credit risk at least quarterly. The Bank uses the following regulatory definitions for risk ratings: Special Mention Substandard Doubtful Loss Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. The following table presents the recorded investment in loans by risk category as of the date indicated: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total March 31, 2018: (In thousands) Pass $ 76,569 $ 6,465 $ 2,987 $ 21,765 $ 3,710 $ 2,108 $ 113,604 Special mention - - - - - - - Substandard 3,089 - - 1,162 517 - 4,768 Doubtful - - - - - - - Loss - - - - - - - Total $ 79,658 $ 6,465 $ 2,987 $ 22,927 $ 4,227 $ 2,108 $ 118,372 December 31, 2017: Pass $ 77,205 $ 6,359 $ 2,169 $ 21,049 $ 3,371 $ 2,026 $ 112,179 Special mention - - - 50 - - 50 Substandard 2,995 - - 1,292 524 - 4,811 Doubtful - - - - - - - Loss - - - - - - - Total $ 80,200 $ 6,359 $ 2,169 $ 22,391 $ 3,895 $ 2,026 $ 117,040 Modification of a loan is considered to be a troubled debt restructuring ("TDR") if the debtor is experiencing financial difficulties and the Bank grants a concession to the debtor that it would not otherwise consider. By granting the concession, the Bank expects to obtain more cash or other value from the debtor, or to increase the probability of receipt, than would be expected by not granting the concession. The concession may include, but is not limited to, reduction of the stated interest rate of the loan, reduction of accrued interest, extension of the maturity date or reduction of the face amount of the debt. A concession will be granted when, as a result of the restructuring, the Bank does not expect to collect all amounts due, including interest at the original stated rate. A concession may also be granted if the debtor is not able to access funds elsewhere at a market rate for debt with similar risk characteristics as the restructured debt. The Bank's determination of whether a loan modification is a TDR considers the individual facts and circumstances surrounding each modification. A TDR can involve loans remaining on nonaccrual, moving to nonaccrual, or continuing on accrual status, depending on the individual facts and circumstances of the restructuring. A TDR on nonaccrual status is restored to accrual status when the borrower has demonstrated the ability to make future payments in accordance with the restructured terms, including consistent and timely payments for at least six consecutive months in accordance with the restructured terms. The following table summarizes the Bank's TDRs by accrual status as of March 31, 2018 and December 31, 2017: March 31, 2018 December 31, 2017 Related Related Allowance for Allowance for Accruing Nonaccrual Total Loan Losses Accruing Nonaccrual Total Loan Losses (In thousands) One-to-four family residential $ 904 $ - $ 904 $ 48 $ 877 $ - $ 877 $ 56 Commercial real estate 476 168 644 24 484 209 693 28 Commercial business 507 10 517 50 514 11 525 58 Total $ 1,887 $ 178 $ 2,065 $ 122 $ 1,875 $ 220 $ 2,095 $ 142 At March 31, 2018 and December 31, 2017, commitments to lend additional funds to debtors whose loan terms have been modified in a TDR (both accruing and nonaccruing) totaled $378,000 and $377,000, respectively. These commitments represented the undisbursed portion of a commercial real estate secured line of credit to one borrower. The following table summarizes information in regard to TDRs that were restructured during the three months ended March 31, 2018: Three months ended March 31, 2018 Pre-Modification Post-Modification Number of Outstanding Outstanding Contracts Balance Balance (Dollars in thousands) Troubled debt restructurings: One-to-Four Family Residential 1 $ 44 $ 71 Total 1 $ 44 $ 71 There were no TDRs that were restructured during the three months ended March 31, 2017. There were no principal charge-offs recorded as a result of TDRs and there was no specific allowance for loan losses related to TDRs modified during the three months ended March 31, 2018 or 2017. There were no TDRs modified within the previous 12 months for which there was a subsequent payment default (defined as the loan becoming more than 90 days past due, being moved to nonaccrual status, or the collateral being foreclosed upon) during the three months ended March 31, 2018 and 2017. In the event that a TDR subsequently defaults, the Bank evaluates the restructuring for possible impairment. As a result, the related allowance for loan losses may be increased or charge-offs may be taken to reduce the carrying amount of the loan.

Supplemental Disclosure for Ear

Supplemental Disclosure for Earnings Per Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Supplemental Disclosure for Earnings Per Share	5. Supplemental Disclosure for Earnings Per Share Three Months Ended March 31, (Dollars in thousands, exept per share data) 2018 2017 Basic Earnings: Net income $ 321 $ 467 Shares: Weighted average common shares outstanding 1,469,070 1,468,940 Net income per common share, basic $ 0.22 $ 0.32 Diluted Earnings: Net income $ 321 $ 467 Shares: Weighted average common shares outstanding 1,469,070 1,468,940 Add: Dilutive effect of stock options 521 401 Add: Dilutive effect of restricted stock 21 81 Weighted average common shares outstanding, as adjusted 1,469,612 1,469,422 Net income per common share, diluted $ 0.22 $ 0.32 Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding. No stock options for common stock were excluded from the calculation of diluted net income per common share because their effect was antidilutive for the three-month periods ended March 31, 2018 and 2017.

Supplemental Disclosures of Cas

Supplemental Disclosures of Cash Flow Information	3 Months Ended
	Mar. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures of Cash Flow Information	6. Supplemental Disclosures of Cash Flow Information Three Months Ended March 31, 2018 2017 (In thousands) Cash payments for Interest $ 174 $ 162 Noncash investing activities: Transfers from loans to real estate acquired through foreclosure 82 35

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	7. Fair Value Measurements FASB ASC Topic 820 , Fair Value Measurements, Level 1: Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets Level 2: Inputs to the valuation methodology include quoted market prices for similar assets or liabilities in active markets; quoted market prices for identical or similar assets or liabilities in markets that are not active; or inputs that are derived principally from or can be corroborated by observable market data by correlation or other means. Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using discounted cash flow methodologies, as well as instruments for which the determination of fair value requires significant management judgment or estimation. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth on the following page. These valuation methodologies were applied to all of the Bank's financial and nonfinancial assets carried at fair value or the lower of cost or fair value. The table below presents the balances of assets measured at fair value on a recurring and nonrecurring basis as of March 31, 2018 and December 31, 2017. The Bank had no liabilities measured at fair value as of March 31, 2018 or December 31, 2017. Carrying Value Level 1 Level 2 Level 3 Total (In thousands) March 31, 2018: Assets Measured on a Recurring Basis Securities available for sale: Agency MBS $ - $ 13,439 $ - $ 13,439 Agency CMO - 8,159 - 8,159 Municipal obligations - 21,204 - 21,204 Total securities available for sale $ - $ 42,802 $ - $ 42,802 Assets Measured on a Nonrecurring Basis Impaired loans: One-to-four family residential $ - $ - $ 2,525 $ 2,525 Commercial real estate - - 982 982 Commercial business - - 467 467 Total impaired loans $ - $ - $ 3,974 $ 3,974 Foreclosed real estate: Commercial real estate $ - $ - $ 38 $ 38 Real estate held for sale: $ - $ - $ 270 $ 270 December 31, 2017: Assets Measured on a Recurring Basis Securities available for sale: Agency MBS $ - $ 14,396 $ - $ 14,396 Agency CMO - 8,579 - 8,579 Federal agency - 999 - 999 Municipal obligations - 21,742 - 21,742 Total securities available for sale $ - $ 45,716 $ - $ 45,716 Assets Measured on a Nonrecurring Basis Impaired loans: One-to-four family residential $ - $ - $ 2,154 $ 2,154 Commercial real estate - - 991 991 Commercial business - - 467 467 Total impaired loans $ - $ - $ 3,612 $ 3,612 Foreclosed real estate: One-to-four family residential $ - $ - $ 138 $ 138 Commercial real estate - - 38 38 Total foreclosed real estate $ - $ - $ 176 $ 176 Real estate held for sale: $ - $ - $ 270 $ 270 Fair value is based upon quoted market prices, where available. If quoted market prices are not available, fair value is based on internally developed models or obtained from third parties that primarily use, as inputs, observable market-based parameters or a matrix pricing model that employs the Bond Market Association's standard calculations for cash flow and price/yield analysis and observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value, or the lower of cost or fair value. These adjustments may include unobservable parameters. Any such valuation adjustments have been applied consistently over time. The Bank's valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Bank's valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Securities Available for Sale. Impaired Loans . Impaired loans are carried at the present value of estimated future cash flows using the loan's effective interest rate or the fair value of collateral less estimated costs to sell if the loan is collateral dependent. At March 31, 2018 and December 31, 2017, all impaired loans were considered to be collateral dependent for the purpose of determining fair value. Collateral may be real estate and/or business assets, including equipment, inventory and/or accounts receivable. The fair value of the collateral is generally determined based on real estate appraisals or other independent evaluations by qualified professionals, adjusted for estimated costs to sell the property, costs to complete or repair the property and other factors to reflect management's estimate of the fair value of the collateral given the current market conditions and the condition of the collateral. At March 31, 2018 and December 31, 2017, the significant unobservable inputs used in the fair value measurement of collateral dependent impaired loans included a discount from appraised value (including estimated costs to sell the collateral) of 10%. The Bank recognized recapture of provision for loan losses of $17,000 and $8,000 for the three-month periods ended March 31, 2018 and 2017, respectively, for impaired loans. Foreclosed Real Estate Foreclosed real estate is reported at fair value less estimated costs to dispose of the property. The fair values are determined by real estate appraisals which are then discounted to reflect management's estimate of the fair value of the property given current market conditions and the condition of the collateral. At March 31, 2018, the significant unobservable inputs used in the fair value measurement of foreclosed real estate included a discount from appraised value for estimates of changes in market conditions, the condition of the collateral and estimated costs to sell the property of 15%. At December 31, 2017, the significant unobservable inputs used in the fair value measurement of foreclosed real estate included a discount from appraised value (including estimated costs to sell the property) ranging from 8% to 15% with a weighted average discount from appraised value of 10%. The Bank did not recognize any charges to write down foreclosed real estate to fair value during the three-month periods ended March 31, 2018 and 2017. Real Estate Held for Sale . At March 31, 2018 and December 31, 2017, the significant unobservable inputs used in the fair value measurement of real estate held for sale included a discount from appraised value (including estimated costs to sell the property) of 10%. The Bank did not recognize any charges to write down real estate held for sale during the three-month periods ended March 31, 2018 and 2017. There have been no changes in the valuation techniques and related inputs used for assets measured at fair value on a recurring and nonrecurring basis during the three-month periods ended March 31, 2018 and 2017. There were no transfers into or out of the Bank's Level 3 financial assets for the three-month periods ended March 31, 2018 and 2017. In addition, there were no transfers into or out of Levels 1 and 2 of the fair value hierarchy during the three-month periods ended March 31, 2018 and 2017. GAAP requires disclosure of the fair value of financial assets and financial liabilities, whether or not recognized in the balance sheet. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Bank. The estimated fair values of the Bank's financial instruments are as follows: Fair Value Measurements Using Carrying (In thousands) Value Level 1 Level 2 Level 3 March 31, 2018 Financial assets: Cash and cash equivalents $ 16,337 $ 16,337 $ - $ - Securities available for sale 42,802 - 42,802 - Securities held to maturity 138 - 142 - Loans, net 116,302 - - 114,514 FHLB stock 778 N/A N/A N/A Accrued interest receivable 658 - 658 - Financial liabilities: Deposits 156,637 - - 155,296 FHLB advances 3,000 - 3,000 - December 31, 2017: Financial assets: Cash and cash equivalents $ 7,464 $ 7,463 $ - $ - Securities available for sale 45,716 - 45,716 - Securities held to maturity 163 - 167 - Loans, net 114,896 - - 114,018 FHLB stock 778 N/A N/A N/A Accrued interest receivable 662 - 662 - Financial liabilities: Deposits 151,893 - - 150,943

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	8. Recent Accounting Pronouncements As an "emerging growth company," as defined in Title 1 of Jumpstart Our Business Startups (JOBS) Act, the Company has elected to use the extended transition period to delay adoption of new or reissued accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. Accordingly, the consolidated financial statements may not be comparable to the financial statements of public companies that comply with such new or revised accounting standards. As of March 31, 2018, the Bank does not believe there is a significant difference in the comparability of the financial statements as a result of this extended transition period, however, the Bank's assessment of its revenue recognition policies under FASB topic 606 is not yet complete. The following are summaries of recently issued or adopted accounting pronouncements that impact the accounting and reporting practices of the Bank: In May 2014, the FASB issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606). In January 2016, FASB issued ASU No. 2016-01, Financial Instruments – Overall, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326) . The update replaces the incurred loss methodology for recognizing credit losses under current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. Under the new guidance, an entity will measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and and supportable forecasts. The expected loss model will apply to loans and leases, unfunded lending commitments, held-to-maturity debt securities and other debt instruments measured at amortized cost. The impairment model for available-for-sale debt securities will require the recognition of credit losses through a valuation allowance when fair value is less than amortized cost, regardless of whether the impairment is considered to be other-than-temporary. For public business entities that are SEC filers, the amendments in the update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. For nonpublic business entities, the amendments in the update are effective for fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. Early adoption is permitted as of fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Once adopted, the Bank expects its allowance for loan losses to increase through a one-time adjustment to retained earnings, however, until its evaluation is complete, the magnitude of the increase will be unknown. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Receipts and Cash Payments In March 2017, the FASB issued ASU No. 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In May 2017, the FASB issued ASU No. 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting In February 2018, the FASB issued ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220) – Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The guidance in Topic 740, Income Taxes requires that deferred tax assets and liabilities be adjusted for the effect of a change in tax laws or rates with the effect included in income from continuing operations in the reporting period that includes the enactment date. As a result, the tax effect of items within accumulated other comprehensive income ("AOCI") do not reflect the appropriate tax rate, referred to as "stranded tax effects". The ASU was issued to allow a reclassification from accumulated other comprehensive income to retained earnings for the stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 ("Tax Act") enacted on December 22, 2017. The ASU requires that an entity disclose a description of the accounting policy for releasing income tax effects from accumulated other comprehensive income. An entity that elects to reclassify the income tax effects of the Tax Act from accumulated other comprehensive income to retained earnings must disclose in the period of adoption a statement that an election was made and a description of other income tax effects related to the application of the Tax Act that are reclassified from AOCI to retained earnings, if any. The Bank adopted the amendments in this ASU as of December 31, 2017. The adoption resulted in a one-time reclassification of the effect of remeasuring deferred tax assets and liabilities related to items, primarily unrealized gains and losses on investments within AOCI to retained earnings resulting from the change in the U.S. corporate income tax rate. This reclassification resulted in a decrease to AOCI and an increase to retained earnings in the amount of $8,000 for the year ended December 31, 2017, with no net impact to total stockholders' equity. In March 2018, FASB issued ASU No. 2018-05, Income Taxes (Topic 740). This ASU was issued to provide guidance on the income tax accounting implications of the Tax Act and allows for entities to report provisional amounts for specific income tax effects of the Act for which the accounting under Topic 740 was not yet complete, but a reasonable estimate could be determined. A measurement period of one-year is allowed to complete the accounting effects under Topic 740 and revise any previous estimates reported. Any provisional amounts or subsequent adjustments included in an entity's financial statements during the measurement period should be included in income from continuing operations as an adjustment to tax expense in the reporting period the amounts are determined. The Bank adopted this ASU with the provisional adjustments as reported in the consolidated financial statements as of December 31, 2017. As of March 31, 2018, the Bank did not incur any adjustments to the provisional recognition.

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Presentation of Interim Information	1. Presentation of Interim Information Mid-Southern Savings Bank, FSB and Subsidiary (the "Bank") is a 70.83% owned subsidiary of Mid-Southern, M.H.C., a federally chartered mutual holding company (the "MHC"). Mid-Southern Bancorp, Inc. ("Company") was incorporated in January 2018 as the proposed holding company for the Bank, in connection with the MHC's plan of conversion from mutual to stock form of ownership. (See Note 2) The unaudited interim consolidated financial information presented in this report includes only the interim financial information of the Bank and its wholly-owned subsidiary, Mid-Southern Investments, Inc. In the opinion of management, the unaudited consolidated financial statements include all adjustments considered necessary to present fairly the financial position as of March 31, 2018, and the results of operations and the cash flows for the three months ended March 31, 2018 and 2017. All of these adjustments are of a normal, recurring nature. Such adjustments are the only adjustments included in the unaudited consolidated financial statements. Interim results are not necessarily indicative of results for a full year or any other period. The accompanying unaudited consolidated financial statements and notes have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial statements and are presented as permitted by the instructions to Form 10-Q. Accordingly, they do not contain certain information included in the Bank's annual audited consolidated financial statements and related footnotes for the year ended December 31, 2017 included in the Company's prospectus dated May 14, 2018 and filed with the Securities and Exchange Commission (the "SEC") on May 24, 2018. The unaudited consolidated financial statements include the accounts of the Bank and its subsidiary. All material intercompany balances and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform with the current period presentation. The reclassifications had no effect on net income or stockholders' equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements As an "emerging growth company," as defined in Title 1 of Jumpstart Our Business Startups (JOBS) Act, the Company has elected to use the extended transition period to delay adoption of new or reissued accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. Accordingly, the consolidated financial statements may not be comparable to the financial statements of public companies that comply with such new or revised accounting standards. As of March 31, 2018, the Bank does not believe there is a significant difference in the comparability of the financial statements as a result of this extended transition period, however, the Bank's assessment of its revenue recognition policies under FASB topic 606 is not yet complete. The following are summaries of recently issued or adopted accounting pronouncements that impact the accounting and reporting practices of the Bank: In May 2014, the FASB issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606). In January 2016, FASB issued ASU No. 2016-01, Financial Instruments – Overall, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326) . The update replaces the incurred loss methodology for recognizing credit losses under current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. Under the new guidance, an entity will measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and and supportable forecasts. The expected loss model will apply to loans and leases, unfunded lending commitments, held-to-maturity debt securities and other debt instruments measured at amortized cost. The impairment model for available-for-sale debt securities will require the recognition of credit losses through a valuation allowance when fair value is less than amortized cost, regardless of whether the impairment is considered to be other-than-temporary. For public business entities that are SEC filers, the amendments in the update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. For nonpublic business entities, the amendments in the update are effective for fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. Early adoption is permitted as of fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Once adopted, the Bank expects its allowance for loan losses to increase through a one-time adjustment to retained earnings, however, until its evaluation is complete, the magnitude of the increase will be unknown. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Receipts and Cash Payments In March 2017, the FASB issued ASU No. 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In May 2017, the FASB issued ASU No. 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting In February 2018, the FASB issued ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220) – Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The guidance in Topic 740, Income Taxes requires that deferred tax assets and liabilities be adjusted for the effect of a change in tax laws or rates with the effect included in income from continuing operations in the reporting period that includes the enactment date. As a result, the tax effect of items within accumulated other comprehensive income ("AOCI") do not reflect the appropriate tax rate, referred to as "stranded tax effects". The ASU was issued to allow a reclassification from accumulated other comprehensive income to retained earnings for the stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 ("Tax Act") enacted on December 22, 2017. The ASU requires that an entity disclose a description of the accounting policy for releasing income tax effects from accumulated other comprehensive income. An entity that elects to reclassify the income tax effects of the Tax Act from accumulated other comprehensive income to retained earnings must disclose in the period of adoption a statement that an election was made and a description of other income tax effects related to the application of the Tax Act that are reclassified from AOCI to retained earnings, if any. The Bank adopted the amendments in this ASU as of December 31, 2017. The adoption resulted in a one-time reclassification of the effect of remeasuring deferred tax assets and liabilities related to items, primarily unrealized gains and losses on investments within AOCI to retained earnings resulting from the change in the U.S. corporate income tax rate. This reclassification resulted in a decrease to AOCI and an increase to retained earnings in the amount of $8,000 for the year ended December 31, 2017, with no net impact to total stockholders' equity. In March 2018, FASB issued ASU No. 2018-05, Income Taxes (Topic 740). This ASU was issued to provide guidance on the income tax accounting implications of the Tax Act and allows for entities to report provisional amounts for specific income tax effects of the Act for which the accounting under Topic 740 was not yet complete, but a reasonable estimate could be determined. A measurement period of one-year is allowed to complete the accounting effects under Topic 740 and revise any previous estimates reported. Any provisional amounts or subsequent adjustments included in an entity's financial statements during the measurement period should be included in income from continuing operations as an adjustment to tax expense in the reporting period the amounts are determined. The Bank adopted this ASU with the provisional adjustments as reported in the consolidated financial statements as of December 31, 2017. As of March 31, 2018, the Bank did not incur any adjustments to the provisional recognition.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Schedule of fair values of debt securities available-for-sale or held-to-maturity	Gross Gross (In thousands) Amortized Unrealized Unrealized Fair March 31, 2018: Cost Gains Losses Value Securities available for sale: Agency MBS $ 13,865 $ - $ 426 $ 13,439 Agency CMO 8,377 - 218 8,159 22,242 - 644 21,598 Other debt securities: Municipal obligations 21,440 121 357 21,204 Total securities available for sale $ 43,682 $ 121 $ 1,001 $ 42,802 Securities held to maturity: Agency MBS $ 73 $ 3 $ - $ 76 Municipal obligations 65 1 - 66 Total securities held to maturity $ 138 $ 4 $ - $ 142 December 31, 2017: Securities available for sale: Agency MBS $ 14,604 $ - $ 208 $ 14,396 Agency CMO 8,700 - 121 8,579 23,304 - 329 22,975 Other debt securities: Federal agency 1,000 - 1 999 Municipal obligations 21,474 343 75 21,742 Total securities available for sale $ 45,778 $ 343 $ 405 $ 45,716 Securities held to maturity: Agency MBS $ 78 $ 2 $ - $ 80 Municipal obligations 85 2 - 87 Total securities held to maturity $ 163 $ 4 $ - $ 167
Schedule of maturities of debt securities	Available for Sale Held to Maturity Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Due in one year or less $ 388 $ 390 $ - $ - Due after one year through five years 850 889 65 66 Due after five years through ten years 5,584 5,499 - - Due after ten years 14,618 14,426 - - 21,440 21,204 65 66 MBS and CMO 22,242 21,598 73 76 $ 43,682 $ 42,802 $ 138 $ 142
Schedule of fair value and related unrealized losses of temporarily impaired investment securities, aggregated by investment category	Number of Gross (Dollars in thousands) Investment Fair Unrealized March 31, 2018: Positions Value Losses Securities available for sale: Continuous loss position less than 12 months: Agency MBS 3 2,509 36 Agency CMO 4 4,630 27 Municipal obligations 28 13,381 251 Total less than 12 months 35 20,520 314 Continuous loss position more than 12 months: Agency MBS 11 10,927 390 Agency CMO 3 3,529 191 Municipal obligations 3 1,904 106 Total more than 12 months 17 16,360 687 Total securities available for sale 52 $ 36,880 $ 1,001 Number of Gross (Dollars in thousands) Investment Fair Unrealized December 31, 2017: Positions Value Losses Securities available for sale: Continuous loss position less than 12 months: Federal agency 1 $ 999 $ 1 Agency MBS 3 2,543 13 Agency CMO 4 4,777 12 Municipal obligations 4 2,539 13 Total less than 12 months 12 10,858 39 Continuous loss position more than 12 months: Agency MBS 12 11,848 195 Agency CMO 3 3,802 109 Municipal obligations 3 1,949 62 Total more than 12 months 18 17,599 366 Total securities available for sale 30 $ 28,457 $ 405

Loans and Allowance for Loan 19

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Schedule of loans	March 31, December 31, (In thousands) 2018 2017 Real estate mortgage loans: One-to-four family residential $ 79,388 $ 79,899 Multi-family residential 6,455 6,352 Residential construction - 108 Commercial real estate 22,848 22,315 Commercial real estate construction 2,982 2,061 Commercial business loans 4,201 3,875 Consumer loans 2,059 1,978 Total loans 117,933 116,588 Deferred loan origination fees and costs, net 31 31 Allowance for loan losses (1,662 ) (1,723 ) Loans, net $ 116,302 $ 114,896
Schedule of components of Bank's recorded investment in loans	One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 79,388 $ 6,455 $ 2,982 $ 22,848 $ 4,201 $ 2,059 $ 117,933 Accrued interest receivable 274 18 9 85 16 6 408 Net deferred loan fees/ costs (4 ) (8 ) (4 ) (6 ) 10 43 31 Recorded investment in loans $ 79,658 $ 6,465 $ 2,987 $ 22,927 $ 4,227 $ 2,108 $ 118,372 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 3,517 $ - $ - $ 1,338 $ 517 $ - $ 5,372 Collectively evaluated for impairment 76,141 6,465 2,987 21,589 3,710 2,108 113,000 Ending balance $ 79,658 $ 6,465 $ 2,987 $ 22,927 $ 4,227 $ 2,108 $ 118,372 One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 79,899 $ 6,352 $ 2,169 $ 22,315 $ 3,875 $ 1,978 $ 116,588 Accrued interest receivable 301 15 6 81 13 5 421 Net deferred loan fees/ costs - (8 ) (6 ) (5 ) 7 43 31 Recorded investment in loans $ 80,200 $ 6,359 $ 2,169 $ 22,391 $ 3,895 $ 2,026 $ 117,040 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 4,416 $ - $ - $ 1,628 $ 524 $ - $ 6,568 Collectively evaluated for impairment 75,784 6,359 2,169 20,763 3,371 2,026 110,472 Ending balance $ 80,200 $ 6,359 $ 2,169 $ 22,391 $ 3,895 $ 2,026 $ 117,040
Schedule of analysis of an allowance for loan losses	An analysis of the allowance for loan losses as of March 31, 2018 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Ending allowance balance attributable to loans: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 48 $ - $ - $ 24 $ 50 $ - $ 122 Collectively evaluated for impairment 997 191 27 239 53 33 1,540 Ending balance $ 1,045 $ 191 $ 27 $ 263 $ 103 $ 33 $ 1,662 One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 56 $ - $ - $ 28 $ 58 $ - $ 142 Collectively evaluated for impairment 1,014 220 20 241 53 33 1,581 Ending balance $ 1,070 $ 220 $ 20 $ 269 $ 111 $ 33 $ 1,723 An analysis of the changes in the allowance for loan losses for the three months ended March 31, 2018 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total Allowance for Loan Losses: (In thousands) Beginning balance $ 1,070 $ 220 $ 20 $ 269 $ 111 $ 33 $ 1,723 Provisions 38 (29 ) 7 (8 ) (8 ) - - Charge-offs (72 ) - - - - (3 ) (75 ) Recoveries 9 - - 2 - 3 14 Ending balance $ 1,045 $ 191 $ 27 $ 263 $ 103 $ 33 $ 1,662 An analysis of the changes in the allowance for loan losses for the three months ended March 31, 2017 is as follows: One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total Allowance for Loan Losses: (In thousands) Beginning balance $ 1,571 $ 338 $ 9 $ 404 $ 134 $ 47 $ 2,503 Provisions 19 (17 ) (1 ) (28 ) 25 2 - Charge-offs (49 ) - - - - (3 ) (52 ) Recoveries 2 - - - - 3 5 Ending balance $ 1,543 $ 321 $ 8 $ 376 $ 159 $ 49 $ 2,456
Schedule of impaired loans	At March 31, 2018 Three Months Ended March 31, 2018 Three Months Ended March 31, 2017 Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized Loans with no related allowance recorded: (In thousands) One-to-four family residential $ 1,897 $ 2,360 $ - $ 1,694 $ 3 $ 1,775 $ 9 Multi-family residential - - - - - - - Construction - - - - - - - Commercial real estate 619 657 - 651 4 833 12 Commercial business 10 9 - 10 - 18 - Consumer - - - - - 32 - $ 2,526 $ 3,026 $ - $ 2,355 $ 7 $ 2,658 $ 21 Loans with an allowance recorded: One-to-four family residential $ 675 $ 716 $ 48 $ 696 $ 8 $ 784 $ 32 Multi-family residential - - - - - - - Construction - - - - - - - Commercial real estate 388 398 24 361 6 426 21 Commercial business 507 566 50 511 7 574 30 Consumer - - - - - 2 - $ 1,570 $ 1,680 $ 122 $ 1,568 $ 21 $ 1,786 $ 83 Total: One-to-four family residential $ 2,572 $ 3,076 $ 48 $ 2,390 $ 11 $ 2,559 $ 41 Multi-family residential - - - - - - - Construction - - - - - - - Commercial real estate 1,007 1,055 24 1,012 10 1,259 33 Commercial business 517 575 50 521 7 592 30 Consumer - - - - - 34 - $ 4,096 $ 4,706 $ 122 $ 3,923 $ 28 $ 4,444 $ 104 Unpaid Recorded Principal Related Investment Balance Allowance Loans with no related allowance recorded: (In thousands) One-to-four family residential $ 1,492 $ 1,980 $ - Multi-family residential - - - Construction - - - Commercial real estate 684 761 - Commercial business 11 10 - Consumer - - - $ 2,187 $ 2,751 $ - Loans with an allowance recorded: One-to-four family residential $ 718 $ 766 $ 56 Multi-family residential - - - Construction - - - Commercial real estate 335 348 28 Commercial business 514 573 58 Consumer - - - $ 1,567 $ 1,687 $ 142 Total: One-to-four family residential $ 2,210 $ 2,746 $ 56 Multi-family residential - - - Construction - - - Commercial real estate 1,019 1,109 28 Commercial business 525 583 58 Consumer - - - $ 3,754 $ 4,438 $ 142
Schedule of recorded investment in nonperforming loans	At March 31, 2018 At December 31, 2017 Loans 90+ Loans 90+ Days Total Days Total Nonaccrual Past Due Nonperforming Nonaccrual Past Due Nonperforming Loans Still Accruing Loans Loans Still Accruing Loans (In thousands) One-to-four family residential $ 1,668 $ - $ 1,668 $ 1,333 $ - $ 1,333 Multi-family residential - - - - - - Construction - - - - - - Commercial real estate 530 - 530 535 - 535 Commercial business 10 - 10 10 - 10 Consumer - - - - - - Total $ 2,208 $ - $ 2,208 $ 1,878 $ - $ 1,87
Schedule of aging of the recorded investment in past due loans	Over 90 30-59 Days 60-89 Days Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) One-to-four family residential $ 1,186 $ 597 $ 718 $ 2,501 $ 77,157 $ 79,658 Multi-family residential - - - - 6,465 6,465 Construction - - - - 2,987 2,987 Commercial real estate 157 - 83 240 22,687 22,927 Commercial business 10 - - 10 4,217 4,227 Consumer 12 - - 12 2,096 2,108 Total $ 1,365 $ 597 $ 801 $ 2,763 $ 115,609 $ 118,372 Over 90 30-59 Days 60-89 Days Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) One-to-four family residential $ 1,599 $ 1,276 $ 512 $ 3,387 $ 76,813 $ 80,200 Multi-family residential - - - - 6,359 6,359 Construction - - - - 2,169 2,169 Commercial real estate 88 189 97 374 22,017 22,391 Commercial business 5 - - 5 3,890 3,895 Consumer - - - - 2,026 2,026 Total $ 1,692 $ 1,465 $ 609 $ 3,766 $ 113,274 $ 117,040
Schedule of risk category of loans by recorded investment	One-to-Four Family Residential Multi-Family Residential Construction Commercial Real Estate Commercial Business Consumer Total March 31, 2018: (In thousands) Pass $ 76,569 $ 6,465 $ 2,987 $ 21,765 $ 3,710 $ 2,108 $ 113,604 Special mention - - - - - - - Substandard 3,089 - - 1,162 517 - 4,768 Doubtful - - - - - - - Loss - - - - - - - Total $ 79,658 $ 6,465 $ 2,987 $ 22,927 $ 4,227 $ 2,108 $ 118,372 December 31, 2017: Pass $ 77,205 $ 6,359 $ 2,169 $ 21,049 $ 3,371 $ 2,026 $ 112,179 Special mention - - - 50 - - 50 Substandard 2,995 - - 1,292 524 - 4,811 Doubtful - - - - - - - Loss - - - - - - - Total $ 80,200 $ 6,359 $ 2,169 $ 22,391 $ 3,895 $ 2,026 $ 117,040
Schedule of TDRs by accrual status	March 31, 2018 December 31, 2017 Related Related Allowance for Allowance for Accruing Nonaccrual Total Loan Losses Accruing Nonaccrual Total Loan Losses (In thousands) One-to-four family residential $ 904 $ - $ 904 $ 48 $ 877 $ - $ 877 $ 56 Commercial real estate 476 168 644 24 484 209 693 28 Commercial business 507 10 517 50 514 11 525 58 Total $ 1,887 $ 178 $ 2,065 $ 122 $ 1,875 $ 220 $ 2,095 $ 142
Schedule of troubled debt restructurings	Three months ended March 31, 2018 Pre-Modification Post-Modification Number of Outstanding Outstanding Contracts Balance Balance (Dollars in thousands) Troubled debt restructurings: One-to-Four Family Residential 1 $ 44 $ 71 Total 1 $ 44 $ 71

Supplemental Disclosure for E20

Supplemental Disclosure for Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Schedule of supplemental disclosure for earnings per share	Three Months Ended March 31, (Dollars in thousands, exept per share data) 2018 2017 Basic Earnings: Net income $ 321 $ 467 Shares: Weighted average common shares outstanding 1,469,070 1,468,940 Net income per common share, basic $ 0.22 $ 0.32 Diluted Earnings: Net income $ 321 $ 467 Shares: Weighted average common shares outstanding 1,469,070 1,468,940 Add: Dilutive effect of stock options 521 401 Add: Dilutive effect of restricted stock 21 81 Weighted average common shares outstanding, as adjusted 1,469,612 1,469,422 Net income per common share, diluted $ 0.22 $ 0.32

Supplemental Disclosures of C21

Supplemental Disclosures of Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Schedule of supplemental disclosures of cash flow information	Three Months Ended March 31, 2018 2017 (In thousands) Cash payments for Interest $ 174 $ 162 Noncash investing activities: Transfers from loans to real estate acquired through foreclosure 82 35

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on a recurring and nonrecurring basis	Carrying Value Level 1 Level 2 Level 3 Total (In thousands) March 31, 2018: Assets Measured on a Recurring Basis Securities available for sale: Agency MBS $ - $ 13,439 $ - $ 13,439 Agency CMO - 8,159 - 8,159 Municipal obligations - 21,204 - 21,204 Total securities available for sale $ - $ 42,802 $ - $ 42,802 Assets Measured on a Nonrecurring Basis Impaired loans: One-to-four family residential $ - $ - $ 2,525 $ 2,525 Commercial real estate - - 982 982 Commercial business - - 467 467 Total impaired loans $ - $ - $ 3,974 $ 3,974 Foreclosed real estate: Commercial real estate $ - $ - $ 38 $ 38 Real estate held for sale: $ - $ - $ 270 $ 270 December 31, 2017: Assets Measured on a Recurring Basis Securities available for sale: Agency MBS $ - $ 14,396 $ - $ 14,396 Agency CMO - 8,579 - 8,579 Federal agency - 999 - 999 Municipal obligations - 21,742 - 21,742 Total securities available for sale $ - $ 45,716 $ - $ 45,716 Assets Measured on a Nonrecurring Basis Impaired loans: One-to-four family residential $ - $ - $ 2,154 $ 2,154 Commercial real estate - - 991 991 Commercial business - - 467 467 Total impaired loans $ - $ - $ 3,612 $ 3,612 Foreclosed real estate: One-to-four family residential $ - $ - $ 138 $ 138 Commercial real estate - - 38 38 Total foreclosed real estate $ - $ - $ 176 $ 176 Real estate held for sale: $ - $ - $ 270 $ 270
Schedule of estimated fair values of financial instruments	Fair Value Measurements Using Carrying (In thousands) Value Level 1 Level 2 Level 3 March 31, 2018 Financial assets: Cash and cash equivalents $ 16,337 $ 16,337 $ - $ - Securities available for sale 42,802 - 42,802 - Securities held to maturity 138 - 142 - Loans, net 116,302 - - 114,514 FHLB stock 778 N/A N/A N/A Accrued interest receivable 658 - 658 - Financial liabilities: Deposits 156,637 - - 155,296 FHLB advances 3,000 - 3,000 - December 31, 2017: Financial assets: Cash and cash equivalents $ 7,464 $ 7,463 $ - $ - Securities available for sale 45,716 - 45,716 - Securities held to maturity 163 - 167 - Loans, net 114,896 - - 114,018 FHLB stock 778 N/A N/A N/A Accrued interest receivable 662 - 662 - Financial liabilities: Deposits 151,893 - - 150,943

Presentation of Interim Infor23

Presentation of Interim Information (Detail Textuals)	Mar. 31, 2018
Mid-Southern, M.H.C
Presentation Of Interim Information [Line Items]
Percentage of interest owned	70.83%

Plan of Conversion and Change24

Plan of Conversion and Change in Corporate Form (Detail Textuals) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Plan Of Conversion And Change In Corporate Form [Line Items]
Common stock, par value (in dollars per share)	$ 1	$ 1
Percentage of subscription for common stock sold in the offering	8.00%
Deferred conversion costs	$ 412,000	$ 143,000
Plan of Conversion and Reorganization (the "Plan")
Plan Of Conversion And Change In Corporate Form [Line Items]
Common stock offered to public for sale	2,559,871
Common stock, par value (in dollars per share)	$ 10

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Securities available for sale:
Amortized Cost	$ 43,682	$ 45,778
Gross Unrealized Gains	121	343
Gross Unrealized Losses	1,001	405
Fair Value	42,802	45,716
Agency MBS
Securities available for sale:
Amortized Cost	13,865	14,604
Gross Unrealized Gains	0	0
Gross Unrealized Losses	426	208
Fair Value	13,439	14,396
Agency CMO
Securities available for sale:
Amortized Cost	8,377	8,700
Gross Unrealized Gains	0	0
Gross Unrealized Losses	218	121
Fair Value	8,159	8,579
Mortgage back securities
Securities available for sale:
Amortized Cost	22,242	23,304
Gross Unrealized Gains	0	0
Gross Unrealized Losses	644	329
Fair Value	21,598	22,975
Federal agency
Securities available for sale:
Amortized Cost		1,000
Gross Unrealized Gains		0
Gross Unrealized Losses		1
Fair Value		999
Municipal obligations
Securities available for sale:
Amortized Cost	21,440	21,474
Gross Unrealized Gains	121	343
Gross Unrealized Losses	357	75
Fair Value	$ 21,204	$ 21,742

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Securities held to maturity:
Amortized Cost	$ 138	$ 163
Gross Unrealized Gains	4	4
Gross Unrealized Losses	0	0
Fair Value	142	167
Agency MBS
Securities held to maturity:
Amortized Cost	73	78
Gross Unrealized Gains	3	2
Gross Unrealized Losses	0	0
Fair Value	76	80
Municipal obligations
Securities held to maturity:
Amortized Cost	65	85
Gross Unrealized Gains	1	2
Gross Unrealized Losses	0	0
Fair Value	$ 66	$ 87

Investment Securities (Detail27

Investment Securities (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Available for Sale Amortized Cost
Amortized Cost	$ 43,682	$ 45,778
Available for Sale Fair Value
Fair Value	42,802	45,716
MBS and CMO
Available for Sale Amortized Cost
Amortized Cost	22,242	23,304
Available for Sale Fair Value
Fair Value	21,598	22,975
Municipal obligations
Available for Sale Amortized Cost
Due in one year or less, Amortized Cost	388
Due after one year through five years, Amortized Cost	850
Due after five years through ten years, Amortized Cost	5,584
Due after ten years, Amortized Cost	14,618
Amortized Cost	21,440	21,474
Available for Sale Fair Value
Due in one year or less, Fair Value	390
Due after one year through five years, Fair Value	889
Due after five years through ten years, Fair Value	5,499
Due after ten years, Fair Value	14,426
Fair Value	$ 21,204	$ 21,742

Investment Securities (Detail28

Investment Securities (Details 3) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Held to Maturity, Amortized Cost
Amortized Cost	$ 138	$ 163
Held to Maturity, Fair Value
Fair Value	142	$ 167
Municipal obligations
Held to Maturity, Amortized Cost
Due in one year or less, Amortized Cost	0
Due after one year through five years, Amortized Cost	65
Due after five years through ten years, Amortized Cost	0
Due after ten years, Amortized Cost	0
Amortized Cost	65
Held to Maturity, Fair Value
Due in one year or less, Fair Value	0
Due after one year through five years, Fair Value	66
Due after five years through ten years, Fair Value	0
Due after ten years, Fair Value	0
Fair Value	66
MBS and CMO
Held to Maturity, Amortized Cost
Amortized Cost	73
Held to Maturity, Fair Value
Fair Value	$ 76

Investment Securities (Detail29

Investment Securities (Details 4) $ in Thousands	Mar. 31, 2018USD ($)Position	Dec. 31, 2017USD ($)Position
Securities available for sale:
Continuous loss position less than 12 months: Number of Investment Positions | Position	35	12
Continuous loss position less than 12 months: Fair Value	$ 20,520	$ 10,858
Continuous loss position less than 12 months: Gross Unrealized Losses	$ 314	$ 39
Continuous loss position more than 12 months: Number of Investment Positions | Position	17	18
Continuous loss position more than 12 months: Fair Value	$ 16,360	$ 17,599
Continuous loss position more than 12 months: Gross Unrealized Losses	$ 687	$ 366
Total securities available for sale: Number of Positions | Position	52	30
Total securities available for sale: Fair Value	$ 36,880	$ 28,457
Total securities available for sale: Gross Unrealized Losses	$ 1,001	$ 405
Agency MBS
Securities available for sale:
Continuous loss position less than 12 months: Number of Investment Positions | Position	3	3
Continuous loss position less than 12 months: Fair Value	$ 2,509	$ 2,543
Continuous loss position less than 12 months: Gross Unrealized Losses	$ 36	$ 13
Continuous loss position more than 12 months: Number of Investment Positions | Position	11	12
Continuous loss position more than 12 months: Fair Value	$ 10,927	$ 11,848
Continuous loss position more than 12 months: Gross Unrealized Losses	$ 390	$ 195
Agency CMO
Securities available for sale:
Continuous loss position less than 12 months: Number of Investment Positions | Position	4	4
Continuous loss position less than 12 months: Fair Value	$ 4,630	$ 4,777
Continuous loss position less than 12 months: Gross Unrealized Losses	$ 27	$ 12
Continuous loss position more than 12 months: Number of Investment Positions | Position	3	3
Continuous loss position more than 12 months: Fair Value	$ 3,529	$ 3,802
Continuous loss position more than 12 months: Gross Unrealized Losses	$ 191	$ 109
Municipal obligations
Securities available for sale:
Continuous loss position less than 12 months: Number of Investment Positions | Position	28	4
Continuous loss position less than 12 months: Fair Value	$ 13,381	$ 2,539
Continuous loss position less than 12 months: Gross Unrealized Losses	$ 251	$ 13
Continuous loss position more than 12 months: Number of Investment Positions | Position	3	3
Continuous loss position more than 12 months: Fair Value	$ 1,904	$ 1,949
Continuous loss position more than 12 months: Gross Unrealized Losses	$ 106	$ 62
Federal agency
Securities available for sale:
Continuous loss position less than 12 months: Number of Investment Positions | Position		1
Continuous loss position less than 12 months: Fair Value		$ 999
Continuous loss position less than 12 months: Gross Unrealized Losses		$ 1

Investment Securities (Detail T

Investment Securities (Detail Textuals)	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Percentage of deprecation in loss position for available-for-sale debt securities from amortized cost basis	2.60%

Loans and Allowance for Loan 31

Loans and Allowance for Loan Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 117,933	$ 116,588
Net deferred loan fees/ costs	31	31
Allowance for loan losses	(1,662)	(1,723)	$ (2,456)	$ (2,503)
Loans, net	116,302	114,896
Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,982	2,169
Net deferred loan fees/ costs	(4)	(6)
Allowance for loan losses	(27)	(20)	(8)	(9)
Residential real estate | One-to-four family residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	79,388	79,899
Net deferred loan fees/ costs	(4)	0
Allowance for loan losses	(1,045)	(1,070)	(1,543)	(1,571)
Residential real estate | Multi-family residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	6,455	6,352
Net deferred loan fees/ costs	(8)	(8)
Allowance for loan losses	(191)	(220)	(321)	(338)
Residential real estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	0	108
Commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,848	22,315
Net deferred loan fees/ costs	(6)	(5)
Allowance for loan losses	(263)	(269)	(376)	(404)
Commercial real estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,982	2,061
Commercial business loans
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,201	3,875
Net deferred loan fees/ costs	10	7
Allowance for loan losses	(103)	(111)	(159)	(134)
Consumer loans
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,059	1,978
Net deferred loan fees/ costs	43	43
Allowance for loan losses	$ (33)	$ (33)	$ (49)	$ (47)

Loans and Allowance for Loan 32

Loans and Allowance for Loan Losses (Details 1) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Recorded Investment in Loans:
Principal loan balance	$ 117,933	$ 116,588
Accrued interest receivable	408	421
Net deferred loan fees/ costs	31	31
Recorded investment in loans	118,372	117,040
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	5,372	6,568
Collectively evaluated for impairment	113,000	110,472
Total Loans	118,372	117,040
Construction
Recorded Investment in Loans:
Principal loan balance	2,982	2,169
Accrued interest receivable	9	6
Net deferred loan fees/ costs	(4)	(6)
Recorded investment in loans	2,987	2,169
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	2,987	2,169
Total Loans	2,987	2,169
Residential real estate | One-to-four family residential
Recorded Investment in Loans:
Principal loan balance	79,388	79,899
Accrued interest receivable	274	301
Net deferred loan fees/ costs	(4)	0
Recorded investment in loans	79,658	80,200
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	3,517	4,416
Collectively evaluated for impairment	76,141	75,784
Total Loans	79,658	80,200
Residential real estate | Multi-family residential
Recorded Investment in Loans:
Principal loan balance	6,455	6,352
Accrued interest receivable	18	15
Net deferred loan fees/ costs	(8)	(8)
Recorded investment in loans	6,465	6,359
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	6,465	6,359
Total Loans	6,465	6,359
Residential real estate | Construction
Recorded Investment in Loans:
Principal loan balance	0	108
Commercial real estate
Recorded Investment in Loans:
Principal loan balance	22,848	22,315
Accrued interest receivable	85	81
Net deferred loan fees/ costs	(6)	(5)
Recorded investment in loans	22,927	22,391
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	1,338	1,628
Collectively evaluated for impairment	21,589	20,763
Total Loans	22,927	22,391
Commercial real estate | Construction
Recorded Investment in Loans:
Principal loan balance	2,982	2,061
Commercial business loans
Recorded Investment in Loans:
Principal loan balance	4,201	3,875
Accrued interest receivable	16	13
Net deferred loan fees/ costs	10	7
Recorded investment in loans	4,227	3,895
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	517	524
Collectively evaluated for impairment	3,710	3,371
Total Loans	4,227	3,895
Consumer loans
Recorded Investment in Loans:
Principal loan balance	2,059	1,978
Accrued interest receivable	6	5
Net deferred loan fees/ costs	43	43
Recorded investment in loans	2,108	2,026
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	2,108	2,026
Total Loans	$ 2,108	$ 2,026

Loans and Allowance for Loan 33

Loans and Allowance for Loan Losses (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 122	$ 142
Collectively evaluated for impairment	1,540	1,581
Ending balance	1,662	1,723	$ 2,456	$ 2,503
Construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	27	20
Ending balance	27	20	8	9
Residential real estate | One-to-four family residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	48	56
Collectively evaluated for impairment	997	1,014
Ending balance	1,045	1,070	1,543	1,571
Residential real estate | Multi-family residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	191	220
Ending balance	191	220	321	338
Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	24	28
Collectively evaluated for impairment	239	241
Ending balance	263	269	376	404
Commercial business loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	50	58
Collectively evaluated for impairment	53	53
Ending balance	103	111	159	134
Consumer loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	33	33
Ending balance	$ 33	$ 33	$ 49	$ 47

Loans and Allowance for Loan 34

Loans and Allowance for Loan Losses (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Allowance for Loan Losses:
Beginning balance	$ 1,723	$ 2,503
Provisions	0	0
Charge-offs	(75)	(52)
Recoveries	14	5
Ending balance	1,662	2,456
Construction
Allowance for Loan Losses:
Beginning balance	20	9
Provisions	7	(1)
Charge-offs	0	0
Recoveries	0	0
Ending balance	27	8
Residential real estate | One-to-four family residential
Allowance for Loan Losses:
Beginning balance	1,070	1,571
Provisions	38	19
Charge-offs	(72)	(49)
Recoveries	9	2
Ending balance	1,045	1,543
Residential real estate | Multi-family residential
Allowance for Loan Losses:
Beginning balance	220	338
Provisions	(29)	(17)
Charge-offs	0	0
Recoveries	0	0
Ending balance	191	321
Commercial real estate
Allowance for Loan Losses:
Beginning balance	269	404
Provisions	(8)	(28)
Charge-offs	0	0
Recoveries	2	0
Ending balance	263	376
Commercial business loans
Allowance for Loan Losses:
Beginning balance	111	134
Provisions	(8)	25
Charge-offs	0	0
Recoveries	0	0
Ending balance	103	159
Consumer loans
Allowance for Loan Losses:
Beginning balance	33	47
Provisions	0	2
Charge-offs	(3)	(3)
Recoveries	3	3
Ending balance	$ 33	$ 49

Loans and Allowance for Loan 35

Loans and Allowance for Loan Losses (Details 4) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Loans with no related allowance recorded:
Recorded Investment	$ 2,526	$ 2,187
Unpaid Principal Balance	3,026	2,751
Loans with an allowance recorded:
Recorded Investment	1,570	1,567
Unpaid Principal Balance	1,680	1,687
Related Allowance	122	142
Total Recorded Investment	4,096	3,754
Total Unpaid Principal Balance	4,706	4,438
Related Allowance for Loan Losses	122	142
Construction
Loans with no related allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Total Recorded Investment	0	0
Total Unpaid Principal Balance	0	0
Related Allowance for Loan Losses	0	0
Residential real estate | One-to-four family residential
Loans with no related allowance recorded:
Recorded Investment	1,897	1,492
Unpaid Principal Balance	2,360	1,980
Loans with an allowance recorded:
Recorded Investment	675	718
Unpaid Principal Balance	716	766
Related Allowance	48	56
Total Recorded Investment	2,572	2,210
Total Unpaid Principal Balance	3,076	2,746
Related Allowance for Loan Losses	48	56
Residential real estate | Multi-family residential
Loans with no related allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Total Recorded Investment	0	0
Total Unpaid Principal Balance	0	0
Related Allowance for Loan Losses	0	0
Commercial real estate
Loans with no related allowance recorded:
Recorded Investment	619	684
Unpaid Principal Balance	657	761
Loans with an allowance recorded:
Recorded Investment	388	335
Unpaid Principal Balance	398	348
Related Allowance	24	28
Total Recorded Investment	1,007	1,019
Total Unpaid Principal Balance	1,055	1,109
Related Allowance for Loan Losses	24	28
Commercial business loans
Loans with no related allowance recorded:
Recorded Investment	10	11
Unpaid Principal Balance	9	10
Loans with an allowance recorded:
Recorded Investment	507	514
Unpaid Principal Balance	566	573
Related Allowance	50	58
Total Recorded Investment	517	525
Total Unpaid Principal Balance	575	583
Related Allowance for Loan Losses	50	58
Consumer loans
Loans with no related allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Total Recorded Investment	0	0
Total Unpaid Principal Balance	0	0
Related Allowance for Loan Losses	$ 0	$ 0

Loans and Allowance for Loan 36

Loans and Allowance for Loan Losses (Details 5) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Loans with no related allowance recorded:
Average Recorded Investment	$ 2,355	$ 2,658
Interest Income Recognized	7	21
Loans with an allowance recorded:
Average Recorded Investment	1,568	1,786
Interest Income Recognized	21	83
Total Average Recorded Investment	3,923	4,444
Total Interest Income Recognized	28	104
Construction
Loans with no related allowance recorded:
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Loans with an allowance recorded:
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Average Recorded Investment	0	0
Total Interest Income Recognized	0	0
Residential real estate | One-to-four family residential
Loans with no related allowance recorded:
Average Recorded Investment	1,694	1,775
Interest Income Recognized	3	9
Loans with an allowance recorded:
Average Recorded Investment	696	784
Interest Income Recognized	8	32
Total Average Recorded Investment	2,390	2,559
Total Interest Income Recognized	11	41
Residential real estate | Multi-family residential
Loans with no related allowance recorded:
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Loans with an allowance recorded:
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Average Recorded Investment	0	0
Total Interest Income Recognized	0	0
Commercial real estate
Loans with no related allowance recorded:
Average Recorded Investment	651	833
Interest Income Recognized	4	12
Loans with an allowance recorded:
Average Recorded Investment	361	426
Interest Income Recognized	6	21
Total Average Recorded Investment	1,012	1,259
Total Interest Income Recognized	10	33
Commercial business loans
Loans with no related allowance recorded:
Average Recorded Investment	10	18
Interest Income Recognized	0	0
Loans with an allowance recorded:
Average Recorded Investment	511	574
Interest Income Recognized	7	30
Total Average Recorded Investment	521	592
Total Interest Income Recognized	7	30
Consumer loans
Loans with no related allowance recorded:
Average Recorded Investment	0	32
Interest Income Recognized	0	0
Loans with an allowance recorded:
Average Recorded Investment	0	2
Interest Income Recognized	0	0
Total Average Recorded Investment	0	34
Total Interest Income Recognized	$ 0	$ 0

Loans and Allowance for Loan 37

Loans and Allowance for Loan Losses (Details 6) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	$ 2,208	$ 1,878
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	2,208	1,878
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	0	0
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	0	0
Residential real estate | One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	1,668	1,333
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	1,668	1,333
Residential real estate | Multi-family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	0	0
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	0	0
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	530	535
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	530	535
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	10	10
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	10	10
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	0	0
Loans 90+ Days Past Due Still Accruing	0	0
Total Nonperforming Loans	$ 0	$ 0

Loans and Allowance for Loan 38

Loans and Allowance for Loan Losses (Details 7) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 2,763	$ 3,766
Current	115,609	113,274
Total Loans	118,372	117,040
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,365	1,692
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	597	1,465
Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	801	609
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,987	2,169
Construction | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Construction | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Construction | Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Residential real estate | One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,501	3,387
Current	77,157	76,813
Total Loans	79,658	80,200
Residential real estate | One-to-four family residential | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,186	1,599
Residential real estate | One-to-four family residential | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	597	1,276
Residential real estate | One-to-four family residential | Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	718	512
Residential real estate | Multi-family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Current	6,465	6,359
Total Loans	6,465	6,359
Residential real estate | Multi-family residential | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Residential real estate | Multi-family residential | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Residential real estate | Multi-family residential | Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Residential real estate | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Current	2,987	2,169
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	240	374
Current	22,687	22,017
Total Loans	22,927	22,391
Commercial real estate | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	157	88
Commercial real estate | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	189
Commercial real estate | Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	83	97
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	10	5
Current	4,217	3,890
Total Loans	4,227	3,895
Commercial business loans | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	10	5
Commercial business loans | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Commercial business loans | Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	12	0
Current	2,096	2,026
Total Loans	2,108	2,026
Consumer loans | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	12	0
Consumer loans | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	0	0
Consumer loans | Over 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 0	$ 0

Loans and Allowance for Loan 39

Loans and Allowance for Loan Losses (Details 8) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 118,372	$ 117,040
Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	113,604	112,179
Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	50
Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	4,768	4,811
Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,987	2,169
Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,987	2,169
Construction | Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Construction | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Construction | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Construction | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | One-to-four family residential
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	79,658	80,200
Residential real estate | One-to-four family residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	76,569	77,205
Residential real estate | One-to-four family residential | Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | One-to-four family residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	3,089	2,995
Residential real estate | One-to-four family residential | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | One-to-four family residential | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | Multi-family residential
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	6,465	6,359
Residential real estate | Multi-family residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	6,465	6,359
Residential real estate | Multi-family residential | Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | Multi-family residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | Multi-family residential | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Residential real estate | Multi-family residential | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	22,927	22,391
Commercial real estate | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	21,765	21,049
Commercial real estate | Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	50
Commercial real estate | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,162	1,292
Commercial real estate | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial real estate | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial business loans
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	4,227	3,895
Commercial business loans | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	3,710	3,371
Commercial business loans | Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial business loans | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	517	524
Commercial business loans | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial business loans | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer loans
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,108	2,026
Consumer loans | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,108	2,026
Consumer loans | Special mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer loans | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer loans | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer loans | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 0	$ 0

Loans and Allowance for Loan 40

Loans and Allowance for Loan Losses (Details 9) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	$ 1,887	$ 1,875
Nonaccrual	178	220
Total	2,065	2,095
Related Allowance for Loan Losses	122	142
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Related Allowance for Loan Losses	0	0
Residential real estate | One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	904	877
Nonaccrual	0	0
Total	904	877
Related Allowance for Loan Losses	48	56
Residential real estate | Multi-family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Related Allowance for Loan Losses	0	0
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	476	484
Nonaccrual	168	209
Total	644	693
Related Allowance for Loan Losses	24	28
Commercial business loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	507	514
Nonaccrual	10	11
Total	517	525
Related Allowance for Loan Losses	50	58
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Related Allowance for Loan Losses	$ 0	$ 0

Loans and Allowance for Loan 41

Loans and Allowance for Loan Losses (Details 10) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	1
Pre-Modification Outstanding Balance	$ 44
Post-Modification Outstanding Balance	$ 71
Residential real estate | One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	1
Pre-Modification Outstanding Balance	$ 44
Post-Modification Outstanding Balance	$ 71

Loans and Allowance for Loan 42

Loans and Allowance for Loan Losses (Detail Textuals)	Mar. 31, 2018USD ($)LoanBorrower	Dec. 31, 2017USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans | Loan	13
Aggregate partial charge-offs loan	$ 350,000
Value of estimated to exceed	100,000
Commitments to lend additional funds to debtors	378,000	$ 377,000
Residential real estate properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Foreclosure proceedings in process	$ 47,000	$ 290,000
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of borrowers | Borrower	1

Supplemental Disclosure for E43

Supplemental Disclosure for Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings:
Net income	$ 321	$ 467
Shares:
Weighted average common shares outstanding	1,469,070	1,468,940
Net income per common share, basic (in dollars per share)	$ 0.22	$ 0.32
Earnings:
Net income	$ 321	$ 467
Shares:
Weighted average common shares outstanding	1,469,070	1,468,940
Add: Dilutive effect of stock options	521	401
Add: Dilutive effect of restricted stock	21	81
Weighted average common shares outstanding, as adjusted	1,469,612	1,469,422
Net income per common share, diluted (in dollars per share)	$ 0.22	$ 0.32

Supplemental Disclosures of C44

Supplemental Disclosures of Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Cash payments for Interest	$ 174	$ 162
Noncash investing activities:
Transfers from loans to real estate acquired through foreclosure	$ 82	$ 35

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	$ 42,802	$ 45,716
Foreclosed real estate	38	176
Real estate held for sale	270	270
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	42,802	45,716
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	42,802	45,716
Assets Measured on a Recurring Basis | Agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	13,439	14,396
Assets Measured on a Recurring Basis | Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	8,159	8,579
Assets Measured on a Recurring Basis | Federal agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		999
Assets Measured on a Recurring Basis | Municipal obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	21,204	21,742
Assets Measured on a Recurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 1 | Agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 1 | Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 1 | Federal agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0
Assets Measured on a Recurring Basis | Level 1 | Municipal obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	42,802	45,716
Assets Measured on a Recurring Basis | Level 2 | Agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	13,439	14,396
Assets Measured on a Recurring Basis | Level 2 | Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	8,159	8,579
Assets Measured on a Recurring Basis | Level 2 | Federal agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		999
Assets Measured on a Recurring Basis | Level 2 | Municipal obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	21,204	21,742
Assets Measured on a Recurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 3 | Agency MBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 3 | Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Recurring Basis | Level 3 | Federal agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0
Assets Measured on a Recurring Basis | Level 3 | Municipal obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0	0
Assets Measured on a Nonrecurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,974	3,612
Foreclosed real estate		176
Real estate held for sale	270	270
Assets Measured on a Nonrecurring Basis | Residential | One-to-four family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	2,525	2,154
Foreclosed real estate		138
Assets Measured on a Nonrecurring Basis | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	982	991
Foreclosed real estate	38	38
Assets Measured on a Nonrecurring Basis | Commercial business loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	467	467
Assets Measured on a Nonrecurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate		0
Real estate held for sale	0	0
Assets Measured on a Nonrecurring Basis | Level 1 | Residential | One-to-four family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate		0
Assets Measured on a Nonrecurring Basis | Level 1 | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate	0	0
Assets Measured on a Nonrecurring Basis | Level 1 | Commercial business loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Assets Measured on a Nonrecurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate		0
Real estate held for sale	0	0
Assets Measured on a Nonrecurring Basis | Level 2 | Residential | One-to-four family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate		0
Assets Measured on a Nonrecurring Basis | Level 2 | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Foreclosed real estate	0	0
Assets Measured on a Nonrecurring Basis | Level 2 | Commercial business loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Assets Measured on a Nonrecurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,974	3,612
Foreclosed real estate		176
Real estate held for sale	270	270
Assets Measured on a Nonrecurring Basis | Level 3 | Residential | One-to-four family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	2,525	2,154
Foreclosed real estate		138
Assets Measured on a Nonrecurring Basis | Level 3 | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	982	991
Foreclosed real estate	38	38
Assets Measured on a Nonrecurring Basis | Level 3 | Commercial business loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 467	$ 467

Fair Value Measurements (Deta46

Fair Value Measurements (Details 1) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Securities available for sale	$ 42,802	$ 45,716
Securities held to maturity	138	163
Loans, net	116,302	114,896
FHLB stock	778	778
Carrying Value
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Cash and cash equivalents	16,337	7,464
Securities available for sale	42,802	45,716
Securities held to maturity	138	163
Loans, net	116,302	114,896
FHLB stock	778	778
Accrued interest receivable	658	662
Financial liabilities:
Deposits	156,637	151,893
FHLB advances	3,000
Level 1
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Cash and cash equivalents	16,337	7,463
Securities available for sale	0	0
Securities held to maturity	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Financial liabilities:
Deposits	0	0
FHLB advances	0
Level 2
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Cash and cash equivalents	0	0
Securities available for sale	42,802	45,716
Securities held to maturity	142	167
Loans, net	0	0
Accrued interest receivable	658	662
Financial liabilities:
Deposits	0	0
FHLB advances	3,000
Level 3
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Cash and cash equivalents	0	0
Securities available for sale	0	0
Securities held to maturity	0	0
Loans, net	114,514	114,018
Accrued interest receivable	0	0
Financial liabilities:
Deposits	155,296	$ 150,943
FHLB advances	$ 0

Fair Value Measurements (Deta47

Fair Value Measurements (Detail Textuals) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recapture of provision for loan losses	$ 0	$ 0
Level 3 | Cost approach | Appraised value | Impaired loans
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recapture of provision for loan losses	$ 17,000	$ 8,000
Percentage of discount from appraised value	10.00%		10.00%
Measurement inputs	Estimated costs to sell the collateral
Level 3 | Cost approach | Appraised value | Foreclosed real estate
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Percentage of discount from appraised value	15.00%
Measurement inputs			Estimated costs to sell the property
Level 3 | Cost approach | Appraised value | Real estate held for sale
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Percentage of discount from appraised value	10.00%		10.00%
Measurement inputs	Estimated costs to sell the property
Level 3 | Cost approach | Minimum | Appraised value | Foreclosed real estate
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Percentage of discount from appraised value			8.00%
Level 3 | Cost approach | Maximum | Appraised value | Foreclosed real estate
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Percentage of discount from appraised value			15.00%
Level 3 | Cost approach | Weighted Average | Appraised value | Foreclosed real estate
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Percentage of discount from appraised value			10.00%

Recent Accounting Pronounceme48

Recent Accounting Pronouncements (Detail Textuals) - USD ($)	1 Months Ended	12 Months Ended
	Feb. 29, 2016	Dec. 31, 2017
ASU 2016-02, Leases (Topic 842)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Percentage of impact on consolidated balance sheet	5.00%
ASU 2018-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of between accumulated other comprehensive income and retained earnings due to new tax add		$ 8,000