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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Interest and fees on loans receivable $ 3,509 $ 3,964
Interest on mortgage-backed and other securities 109 75
Other interest income 140 98
Total interest income 3,758 4,137
Interest expense:    
Interest on deposits 631 574
Interest on borrowings 353 484
Total interest expense 984 1,058
Net interest income 2,774 3,079
Loan loss provision recapture   350
Net interest income after loan loss provision recapture 2,774 3,429
Non-interest income:    
Gain on sale of loans   27
Income from litigation settlement   1,183
Other 16 28
Total non-interest income 131 1,359
Non-interest expense:    
Compensation and benefits 1,905 1,987
Occupancy expense 316 305
Information services 214 200
Professional services 188 174
Office services and supplies 82 72
REO expense 62 (2)
Marketing expense 50 40
Corporate insurance 42 47
Amortization of investment in affordable housing limited partnership 48 49
Other 125 171
Total non-interest expense 3,032 3,043
(Loss) income before income taxes (127) 1,745
Income tax (benefit) expense (43) 513
Net (loss) income (84) 1,232
Other comprehensive loss, net of tax:    
Unrealized losses on securities available-for-sale arising during the period (283) (6)
Income tax benefit 83 2
Other comprehensive loss, net of tax (200) (4)
Comprehensive (loss) income $ (284) $ 1,228
(Loss) earnings per common share-basic (in dollars per share) $ 0.00 $ 0.05
(Loss) earnings per common share-diluted (in dollars per share) $ 0.00 $ 0.05
Service charges    
Non-interest income:    
Revenue $ 115 $ 121