7. Other Real Estate Owned (Tables)

9 Months Ended

Sep. 30, 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	Nine Months Ended	Nine Months Ended
	September 30, 2017	September 30, 2016	September 30, 2017	September 30, 2016
Beginning balance	$  447	$  447	$  447	$  480
Additions, transfers from loans	-	-	-	-
Sales	-	-	-	(33)
	447	447	447	447
Write-ups	-	-	-	-
Ending Balance	$447	$   447	$  447	$ 447

Schedule of Components of Other Real Estate Owned

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

(in 000's)	September 30, 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 (income) of other real estate owned:

	Three  Months Ended	Three  Months Ended	Nine Months Ended	Nine Months Ended
(in 000's)	September 30, 2017	September 30, 2016	September 30, 2017	September 30, 2016
Insurance	$                    -	$ 3	$  7	$ 9
Legal fees	-	-		16
Foreclosure expense	-	56		56
Professional fees		-	5	4
Real estate taxes	14	6	21	16
Utilities	1	1	2	2
Maintenance	13	-	22	-
Other	-	-	-	1
Total	$                28	$ 66	$                 57	$ 104