Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 28,293	$ 28,207
Interest-bearing deposits in other financial institutions	494	494
Securities available for sale	9,135	10,445
Loans held for sale, at fair value	1,992	3,505
Loans, net of allowance of $6,480 and $6,316	284,160	257,085
FHLB stock	1,942	1,942
Foreclosed assets, net	1,636	1,636
Premises and equipment, net	3,691	3,775
Bank owned life insurance	4,730	4,665
Accrued interest receivable and other assets	3,240	3,834
Total assets	339,313	315,588
Deposits
Noninterest bearing	31,549	37,035
Interest bearing	250,500	221,280
Total deposits	282,049	258,315
FHLB advances	14,500	14,500
Advances by borrowers for taxes and insurance	280	401
Accrued interest payable and other liabilities	2,383	2,708
Subordinated debentures	5,155	5,155
Total liabilities	$ 304,367	$ 281,079
Commitments and Contingent Liabilities
Stockholders' equity
Common stock, $.01 par value; shares authorized; 50,000,000; shares issued: 15,935,417 in 2015 and 2014	$ 159	$ 159
Series B Preferred stock, $0.01 par value; 480,000 shares authorized; 480,000 issued at March 31, 2015 and December 31, 2014	5	5
Additional paid-in capital	59,821	59,696
Accumulated deficit	(21,868)	(22,157)
Accumulated other comprehensive income	74	51
Treasury stock, at cost; 111,707 shares of common stock	(3,245)	(3,245)
Total stockholders' equity	34,946	34,509
Total liabilities and stockholder's equity	$ 339,313	$ 315,588