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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income:    
Interest and fees on loans receivable $ 3,429 $ 3,724
Interest on mortgage-backed and other securities 83 94
Other interest income 103 87
Total interest income 3,615 3,905
Interest expense:    
Interest on deposits 517 415
Interest on borrowings 427 531
Total interest expense 944 946
Net interest income before loan loss provision recapture 2,671 2,959
Loan loss provision recapture 300 750
Net interest income after loan loss provision recapture 2,971 3,709
Non-interest income:    
Service charges 126 106
Net gain on sale of loans   134
CDFI grant 265 355
Other 152 34
Total non-interest income 543 629
Non-interest expense:    
Compensation and benefits 1,903 1,768
Occupancy expense 293 299
Information services 206 217
Professional services 127 270
Office services and supplies 70 81
FDIC assessments 25 80
Corporate insurance 71 94
Other 184 229
Total non-interest expense 2,879 3,038
Income before income taxes 635 1,300
Income tax expense 2 2
Net income 633 1,298
Other comprehensive income, net of tax:    
Unrealized gains on securities available-for-sale arising during the period 120 57
Income tax 29  
Other comprehensive income, net of tax 91 57
Comprehensive income $ 724 $ 1,355
Earnings per common share - basic (in dollars per share) $ 0.02 $ 0.04
Earnings per common share - diluted (in dollars per share) $ 0.02 $ 0.04