Condensed Financial Information (Parent Company Only) (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Condensed Balance Sheet

Presented below is condensed financial information as to financial position, results of operations and cash flows of the Company at December 31, 2016 and 2015:

Condensed Balance Sheets

	2016			2015
	(In thousands)
Assets
Cash and due from banks	$	1,358		$	522
Notes receivable from the Bank		362			444
Investment in the Bank		39,332			38,952
Prepaid expenses and other assets		247			250
Total assets	$	41,299		$	40,168
Liabilities and Stockholders’ Equity
Accrued expenses and other liabilities	$	271		$	263
Stockholders’ equity
Common stock and additional paid-in capital		36,439			36,415
Retained earnings		22,317			21,060
Shares acquired by ESOP		(273	)		(343	)
Treasury stock – at cost		(16,936	)		(16,936	)
Accumulated other comprehensive income		(519	)		(291	)
Total stockholders’ equity		41,028			39,905
Total liabilities and stockholders’ equity	$	41,299		$	40,168

Schedule of Condensed Statements of Income and Comprehensive Income

Condensed Statements of Income and Comprehensive Income

	2016			2015
	(In thousands)
Operating Income
Interest income	$	27		$	32
Dividends from the Bank		1,907			1,244
Total operating income		1,934			1,276
Noninterest Expense		273			252
Earnings before Federal Income Tax Benefits and equity in undistributed income of the Bank		1,661			1,024
Federal Income Tax Benefits		(84	)		(75	)
Income before equity in undistributed income of the Bank		1,745			1,099
Equity in undistributed income of the Bank		501			548
Net Income	$	2,246		$	1,647
Total Comprehensive income	$	2,018		$	1,136

Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	2016			2015
	(In thousands)
Operating Activities
Net income	$	2,246		$	1,647
Items not requiring (providing) cash
Equity in undistributed net income of the Bank		(501	)		(548	)
Increase (decrease) in cash due to changes in:
Prepaid expenses and other assets		(10	)		(10	)
Accrued expenses and other liabilities		8			(25	)
Net cash provided by operating activities		1,743			1,064
Investing Activities
Repayment of ESOP loan		82			81
Net cash provided by investing activities		82			81
Financing Activities
Payment of dividends on common stock		(989	)		(990	)
Purchase of treasury stock		—			(338	)
Net cash used in financing activities		(989	)		(1,328	)
Net Change in Cash and Cash Equivalents		836			(183	)
Cash and Cash Equivalents at Beginning of Period		522			705
Cash and Cash Equivalents at End of Period	$	1,358		$	522