7. Other Real Estate Owned (Tables)

3 Months Ended

Mar. 31, 2017

Table Text Block Supplement [Abstract]

Schedule of Change in Other Real Estate Owned

Activity in other real estate owned for the periods was as follows:

(in 000's)	Three  Months Ended	Three  Months Ended
	March 31, 2017	March 31, 2016
Beginning balance	$                      447	$ 480
Additions, transfers from loans	-	-
Sales	-	(17)
	447	463
Write-ups (Write-downs)	-	-
Ending Balance	$                      447	$ 463

Schedule of Components of Other Real Estate Owned

The following schedule reflects the components of other real estate owned:

(in 000's)	March 31, 2017	December 31, 2016
Commercial real estate	$ 298	$ 298
Residential real estate	149	149
Total	$ 447	$ 447

Schedule of Components of Net Expense (income) of Other Real Estate Owned

The following table details the components of net expense of other real estate owned:

	Three  Months Ended	Three  Months Ended
(in 000's)	March 31, 2017	March 31, 2016
Insurance	$                               4	$ 4
Professional fees	5	4
Real estate taxes	3	6
Maintenance	9	-
Utilities	-	-
Transfer-in write-up	-	-
Impairment charges (net)	-	-
Total	$                              21	$ 14