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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Interest Income:    
Interest and fees on loans receivable $ 14,230 $ 14,994
Interest on mortgage-backed and other securities 351 370
Other interest income 574 365
Total interest income 15,155 15,729
Interest expense:    
Interest on deposits 1,910 1,726
Interest on borrowings 1,954 2,142
Total interest expense 3,864 3,868
Net interest income before loan loss provision recapture 11,291 11,861
Loan loss provision recapture (3,700) (2,932)
Net interest income after loan loss provision recapture 14,991 14,793
Non-interest income:    
Service charges 453 437
Net gain on sales of loans 1,751 19
Gain on restructuring of debt   365
CDFI grant 355 200
Other 349 52
Total non-interest income 2,908 1,073
Non-interest expense:    
Compensation and benefits 8,105 6,887
Occupancy expense 1,208 1,210
Information services 880 845
Professional services 877 1,085
FDIC assessments 429 709
Office services and supplies 299 384
REO 159 572
Corporate insurance 319 378
Other 1,125 1,264
Total non-interest expense 13,401 13,334
Income before income taxes 4,498 2,532
Income tax (benefit) expense (4,574) 3
Net income 9,072 2,529
Other comprehensive income (loss), net of tax:    
Unrealized gains (losses) on securities available-for-sale arising during the period (167) 85
Other comprehensive income (loss), net of tax (167) 85
Comprehensive income $ 8,905 $ 2,614
Earnings per common share-basic (in dollars per share) $ 0.31 $ 0.11
Earnings per common share-diluted (in dollars per share) $ 0.31 $ 0.11