Best Hometown Bancorp, Inc. 10-K

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of assets and liabilities measured at fair value on a recurring basis

Schedule of assets measured at fair value on a nonrecurring basis

	Level 3
	December 31, 2017			December 31, 2016
Impaired loans (collateral dependent)
One-to four-family, owner occupied		$	—		$	39
One-to four-family, non-owner occupied			—			—
Total financial assets			—			39
Nonfinancial assets
Real estate owned, net:
One-to four-family, owner occupied			—			—
Total nonfinancial assets		$	—		$	—
Total assets measured at fair value on a nonrecurring basis		$	—		$	39

Schedule of valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis

Level 3 Quantitative Information

December 31,
2017

December 31,
2016

Valuation
Technique

Unobservable Inputs

Range

Fair Value

Impaired real estate loans net,
with specific allocations:

One-to-four family, owner occupied

—

Sales comparison approach

Adjustment for differences between the comparable sales

0% to 30%

Schedule of estimated fair values of the financial instruments

				Fair Value
	Carrying Amount			Level 1			Level 2			Level 3			Total
December 31, 2017
Financial assets
Available-for-sale securities		$	16,211		$	—		$	16,211		$	—		$	16,211
Restricted equity securities(1)			405			NA			NA			NA			NA
Loans, net			81,128			—			—			81,686			81,686
Financial liabilities
Deposits		$	86,826		$	27,391		$	60,305		$	—		$	87,696
FHLB Advances			9,000			—			9,013			—			9,013
December 31, 2016
Financial assets
Available-for-sale securities		$	25,162		$	—		$	25,162		$	—		$	25,162
Restricted equity securities(1)			837			NA			NA			NA			NA
Loans, net			74,248			—			—			75,877			75,877
Financial liabilities
Deposits		$	88,471		$	25,497		$	64,082		$	—		$	89,579
FHLB Advances			6,000			—			6,158			—			6,158

(1) It is not practicable to determine fair value of restricted equity securities due to restrictions placed on transferability.

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details

December 31,
2017

December 31,
2016

Financial Assets

Available-for-sale securities