Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes [Abstract]

Income Tax Expense

	2014			2013		2012
Current Federal	$	-	$	-	$	-
Deferred Federal		-		-		-
Total	$	-	$	-	$	-

Effective Tax Rates Differ from Federal Statutory Rate

	2014		2013		2012
Federal Statutory rate times financial statement income (loss)	$	163	$	(312)	$	(1,280)
Effect of:
Incentive Stock Options		75		47		3
Bank owned life insurance income		(44)		(44)		(45)
Increase (decrease) in deferred tax valuation allowance		(201)		303		1,314
Other		7		6		8
	$	-	$	-	$	-
Effective tax rate		0%		0%		0%

Deferred Tax Assets and Liabilities

	2014		2013
Deferred tax assets:
Allowance for loan losses	$	924	$	1,002
Post-retirement death benefits		73		69
Deferred compensation		169		88
Deferred loan fees		116		44
AMT Credit		75		60
Nonaccrual interest		110		80
Net operating loss carry forward		2,112		2,487
Other		67		38
		3,646		3,868
Deferred tax liability:
FHLB stock dividend		366		366
Mortgage servicing rights		5		7
Depreciation		14		31
Prepaid expenses		61		63
Unrealized gain on securities available for sale		33		33
		479		500
Net deferred tax asset before valuation allowance		3,167		3,368
Deferred tax valuation allowance		(3,167)		(3,368)
Net deferred tax asset	$	-	$	-