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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net (loss) income $ (211) $ 1,765
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Loan loss provision recapture   (650)
Provision for losses on REOs 45  
Depreciation 121 129
Net amortization of deferred loan origination costs 276 134
Net amortization of premiums on mortgage-backed securities 20 17
Amortization of investment in affordable housing limited partnership 97 98
ESOP compensation expense 48 47
Earnings on bank owned life insurance (26) (27)
Originations of loans receivable held for sale 0 (86,002)
Proceeds from sales of loans receivable held for sale 4,349 46,988
Repayments on loans receivable held for sale 82 200
Gain on sale of loans receivable held for sale (11) (223)
Change in assets and liabilities:    
Net change in deferred taxes 15 931
Net change in accrued interest receivable (43) 75
Net change in other assets 113 6
Net change in advance payments by borrowers for taxes and insurance (160) 181
Net change in accrued expenses and other liabilities (30) (1,207)
Net cash provided by (used in) operating activities 4,779 (37,334)
Cash flows from investing activities:    
Net change in loans receivable held for investment (13,362) 29,662
Principal payments on available-for-sale securities 1,137 1,159
Purchase of FHLB stock   (343)
Purchase of office properties and equipment (43) (159)
Net cash (used in) provided by investing activities (12,268) 30,319
Cash flows from financing activities:    
Net change in deposits (20,024) (13,580)
Proceeds from FHLB advances 36,500 44,000
Repayments of FHLB advances (17,500) (25,000)
Payment for tax withholding for vesting of restricted stock (108)  
Net cash (used in) provided by financing activities (1,132) 5,420
Net change in cash and cash equivalents (8,621) (1,595)
Cash and cash equivalents at beginning of the period 22,219 18,430
Cash and cash equivalents at end of the period 13,598 16,835
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,048 2,241
Cash paid for income taxes   20
Supplemental disclosures of non-cash investing and financing:    
Transfers of loans receivable held for sale to loans receivable held for investment 16,871  
Common stock exchanged for payment of tax withholding 108  
Directors    
Supplemental disclosures of non-cash investing and financing:    
Common stock issued to directors for compensation 45  
Directors | Common Stock    
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Stock-based compensation expense 45  
Employees, excluding Directors    
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Stock-based compensation expense $ 49 $ 204