Norwood Financial (NWFL) 10-Q 7 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 01, 2020
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Transition Report	false
Entity File Number	0-28364
Entity Registrant Name	Norwood Financial Corp
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2828306
Entity Address, Address Line One	717 Main Street
Entity Address, City or Town	Honesdale
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18431
City Area Code	570
Local Phone Number	253-1455
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	NWFL
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,194,528
Entity Central Index Key	0001013272
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 15,387	$ 15,038
Interest-bearing deposits with banks	67,989	377
Cash and cash equivalents	83,376	15,415
Securities available for sale, at fair value	196,735	210,205
Loans receivable	988,679	924,581
Less: Allowance for loan losses	10,312	8,509
Net loans receivable	978,367	916,072
Regulatory stock, at cost	3,677	4,844
Bank premises and equipment, net	14,040	14,228
Bank owned life insurance	39,183	38,763
Accrued interest receivable	4,383	3,719
Foreclosed real estate owned	965	1,556
Goodwill	11,331	11,331
Other intangibles	191	235
Other assets	22,293	14,242
TOTAL ASSETS	1,354,541	1,230,610
LIABILITIES
Deposits: Non-interest bearing demand	284,754	207,299
Deposits: Interest-bearing	801,484	750,230
Total deposits	1,086,238	957,529
Short-term borrowings	55,204	62,256
Other borrowings	50,823	56,438
Accrued interest payable	2,826	2,432
Other liabilities	16,786	14,527
TOTAL LIABILITIES	1,211,877	1,093,182
STOCKHOLDERS' EQUITY
Preferred stock, no par value per share, authorized: 5,000,000 shares; issued: none
Common stock, $0.10 par value per share, authorized: 20,000,000 shares, issued: 2020: 6,342,568 shares, 2019: 6,340,563 shares	634	634
Surplus	49,778	49,471
Retained earnings	87,939	86,536
Treasury stock at cost: 2020: 13,778 shares; 2019: 12,007 shares	(469)	(400)
Accumulated other comprehensive income	4,782	1,187
TOTAL STOCKHOLDERS’ EQUITY	142,664	137,428
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,354,541	$ 1,230,610

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Consolidated Balance Sheets [Abstract]
Preferred Stock, No Par Value
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par Value Per Share	$ 0.10	$ 0.10
Common Stock, Shares Authorized	20,000,000	20,000,000
Common Stock, Shares, Issued	6,342,568	6,340,563
Treasury Stock, Shares	13,778	12,007

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
INTEREST INCOME
Loans receivable, including fees	$ 10,767	$ 10,328	$ 21,450	$ 20,298
Securities	1,063	1,435	2,242	2,876
Other	19	51	25	66
Total interest income	11,849	11,814	23,717	23,240
INTEREST EXPENSE
Deposits	1,630	1,839	3,420	3,568
Short-term borrowings	73	85	184	209
Other borrowings	279	278	581	581
Total interest expense	1,982	2,202	4,185	4,358
NET INTEREST INCOME	9,867	9,612	19,532	18,882
PROVISION FOR LOAN LOSSES	1,300	300	2,000	750
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	8,567	9,312	17,532	18,132
OTHER INCOME
Other Income	1,120	1,279	2,452	2,580
Net realized gains on sales of securities		64	38	64
Gain on sale of loans, net	65	67	121	110
Earnings and proceeds on bank owned life insurance	212	207	420	408
Other	103	106	239	249
Total other income	1,392	1,641	3,047	3,201
OTHER EXPENSES
Salaries and employee benefits	3,289	3,599	7,065	7,248
Occupancy, furniture & equipment, net	906	940	1,875	1,864
Data processing and related operations	466	472	903	920
Taxes, other than income	214	179	427	340
Professional fees	225	226	443	476
Federal Deposit Insurance Corporation insurance	42	84	42	155
Foreclosed real estate	(2)	(10)	14	13
Amortization of intangibles	21	27	44	56
Merger related	1,597		1,597
Other	1,334	1,268	2,742	2,361
Total Other Expenses	8,092	6,785	15,152	13,433
INCOME BEFORE INCOME TAXES	1,867	4,168	5,427	7,900
INCOME TAX EXPENSE	379	646	860	1,188
NET INCOME	$ 1,488	$ 3,522	$ 4,567	$ 6,712
BASIC EARNINGS PER SHARE	$ 0.24	$ 0.56	$ 0.73	$ 1.07
DILUTED EARNINGS PER SHARE	$ 0.24	$ 0.56	$ 0.73	$ 1.06
Service Charges And Fees [Member]
OTHER INCOME
Other Income	$ 837	$ 1,052	$ 1,901	$ 2,083
Income From Fiduciary Activities [Member]
OTHER INCOME
Other Income	$ 175	$ 145	$ 328	$ 287

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 1,488	$ 3,522	$ 4,567	$ 6,712
Investment securities available for sale:
Unrealized holding gain (loss)	640	3,250	4,590	6,975
Tax effect	(135)	(682)	(965)	(1,464)
Reclassification of investment securities gains recognized in net income		(64)	(38)	(64)
Tax effect		13	8	13
Other comprehensive income (loss)	505	2,517	3,595	5,460
Comprehensive Income	$ 1,993	$ 6,039	$ 8,162	$ 12,172

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Thousands	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning balance at Dec. 31, 2018	$ 630	$ 48,322	$ 78,434	$ (81)	$ (5,020)	$ 122,285
Beginning balance, shares at Dec. 31, 2018	6,295,113			2,470
Net income			6,712			6,712
Other comprehensive income (loss)					5,460	5,460
Cash dividends declared			(3,019)			(3,019)
Acquisition of treasury stock				$ (374)		(374)
Acquisition of treasury stock, shares				11,337
Compensation expense related to restricted stock		145				145
Stock options exercised		170				170
Stock options exercised, shares	9,300
Compensation expense related to stock options		104				104
Ending balance, shares at Jun. 30, 2019	6,304,413			13,807
Ending balance at Jun. 30, 2019	$ 630	48,741	82,127	$ (455)	440	131,483
Beginning balance at Mar. 31, 2019	$ 630	48,559	80,115	$ (455)	(2,077)	126,772
Beginning balance, shares at Mar. 31, 2019	6,301,263			13,807
Net income			3,522			3,522
Other comprehensive income (loss)					2,517	2,517
Cash dividends declared			(1,510)			(1,510)
Compensation expense related to restricted stock		73				73
Stock options exercised		57				57
Stock options exercised, shares	3,150
Compensation expense related to stock options		52				52
Ending balance, shares at Jun. 30, 2019	6,304,413			13,807
Ending balance at Jun. 30, 2019	$ 630	48,741	82,127	$ (455)	440	131,483
Beginning balance at Dec. 31, 2019	$ 634	49,471	86,536	$ (400)	1,187	137,428
Beginning balance, shares at Dec. 31, 2019	6,340,563			12,007
Net income			4,567			4,567
Other comprehensive income (loss)					3,595	3,595
Cash dividends declared			(3,164)			(3,164)
Acquisition of treasury stock				$ (69)		(69)
Acquisition of treasury stock, shares				1,771
Compensation expense related to restricted stock		167				167
Stock options exercised		38				$ 38
Stock options exercised, shares	2,005					2,005
Compensation expense related to stock options		102				$ 102
Ending balance, shares at Jun. 30, 2020	6,342,568			13,778
Ending balance at Jun. 30, 2020	$ 634	49,778	87,939	$ (469)	4,782	142,664
Beginning balance at Mar. 31, 2020	$ 634	49,644	88,032	$ (400)	4,277	142,187
Beginning balance, shares at Mar. 31, 2020	6,342,568			12,007
Net income			1,488			1,488
Other comprehensive income (loss)					505	505
Cash dividends declared			(1,581)			(1,581)
Acquisition of treasury stock				$ (69)		(69)
Acquisition of treasury stock, shares				1,771
Compensation expense related to restricted stock		83				83
Compensation expense related to stock options		51				51
Ending balance, shares at Jun. 30, 2020	6,342,568			13,778
Ending balance at Jun. 30, 2020	$ 634	$ 49,778	$ 87,939	$ (469)	$ 4,782	$ 142,664

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders’ Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statements of Changes in Stockholders’ Equity [Abstract]
Cash dividends declared	$ 0.25	$ 0.24	$ 0.25	$ 0.48

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 4,567	$ 6,712
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	2,000	750
Depreciation	562	487
Amortization of intangible assets	44	56
Deferred income taxes	(477)	(25)
Net amortization of securities premiums and discounts	613	732
Net realized gains on sales of securities	(38)	(64)
Earnings and proceeds on life insurance policies	(420)	(408)
Gain on sales and write-downs of fixed assets and foreclosed real estate owned, net	(18)	(65)
Net gain on sale of loans	(121)	(110)
Loans originated for sale	(3,108)	(2,191)
Proceeds from sale of loans originated for sale	3,183	2,255
Compensation expense related to stock options	102	104
Compensation expense related to restricted stock	167	145
Increase in accrued interest receivable	(664)	(203)
Increase in accrued interest payable	394	1,202
Other, net	(6,234)	234
Net cash provided by operating activities	552	9,611
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales	8,224	3,626
Proceeds from maturities and principal reductions on mortgage-backed securities	26,368	12,877
Purchases	(17,145)	(5,066)
Purchase of regulatory stock	(2,685)	(1,666)
Redemption of regulatory stock	3,852	2,437
Net increase in loans	(64,286)	(39,398)
Purchase of premises and equipment	(374)	(757)
Proceeds from sales of foreclosed real estate owned	609	205
Proceeds from sales of bank premises and equipment		246
Net cash used in investing activities	(45,437)	(27,496)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	128,709	34,444
Net increase in short-term borrowings	(7,052)	(4,952)
Repayments of other borrowings	(15,615)	(8,260)
Proceeds from other borrowings	10,000
Stock options exercised	38	170
Purchase of treasury stock	(69)	(374)
Cash dividends paid	(3,165)	(3,019)
Net cash provided by financing activities	112,846	18,009
Increase in cash and cash equivalents	67,961	124
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	15,415	18,348
CASH AND CASH EQUIVALENTS, END OF PERIOD	83,376	18,472
Supplemental Disclosures of Cash Flow Information
Interest on deposits and borrowings	3,791	3,156
Income taxes paid, net of refunds	93	862
Supplemental Schedule of Noncash Investing Activities
Transfers of loans to foreclosed real estate owned and repossession of other assets	161	1,003
Dividends payable	$ 1,581	$ 1,510

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2020
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation The unaudited consolidated financial statements include the accounts of Norwood Financial Corp (Company) and its wholly-owned subsidiary, Wayne Bank (Bank) and the Bank’s wholly-owned subsidiaries, WCB Realty Corp., Norwood Investment Corp., and WTRO Properties, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements have been prepared in conformity with generally accepted accounting principles for interim financial statements and with instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ from those estimates. The financial statements reflect, in the opinion of management, all normal, recurring adjustments necessary to present fairly the consolidated financial position and results of operations of the Company. The operating results for the three month and six month periods ended June 30, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020 or any other future interim period.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2020
Revenue Recognition [Abstract]
Revenue Recognition	2. Revenue Recognition Under ASC Topic 606, management determined that the primary sources of revenue emanating from interest and dividend income on loans and investments along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans sold and earnings on bank-owned life insurance are not within the scope of this Topic. The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three and six months ended June 30: Three months ended June 30, (dollars in thousands) Noninterest Income 2020 2019 In-scope of Topic 606: Service charges on deposit accounts $ 89 $ 66 ATM fees 104 91 Overdraft fees 148 343 Safe deposit box rental 24 23 Loan related service fees 82 94 Debit card fees 366 371 Fiduciary activities 175 145 Commissions on mutual funds and annuities 26 26 Other income 106 120 Noninterest Income ( in-scope of Topic 606 ) 1,120 1,279 Out-of-scope of Topic 606: Net realized gains on sales of securities — 64 Loan servicing fees ( 5 ) 24 Gains on sales of loans 65 67 Earnings on and proceeds from bank-owned life insurance 212 207 Noninterest Income ( out-of-scope of Topic 606 ) 272 362 Total Noninterest Income $ 1,392 $ 1,641 Six months ended June 30, (dollars in thousands) Noninterest Income 2020 2019 In-scope of Topic 606: Service charges on deposit accounts $ 185 $ 133 ATM fees 199 181 Overdraft fees 492 694 Safe deposit box rental 54 49 Loan related service fees 182 223 Debit card fees 710 697 Fiduciary activities 328 287 Commissions on mutual funds and annuities 64 81 Other income 238 235 Noninterest Income ( in-scope of Topic 606 ) 2,452 2,580 Out-of-scope of Topic 606: Net realized gains on sales of securities 38 64 Loan servicing fees 16 39 Gains on sales of loans 121 110 Earnings on and proceeds from bank-owned life insurance 420 408 Noninterest Income ( out-of-scope of Topic 606 ) 595 621 Total Noninterest Income $ 3,047 $ 3,201

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings Per Share Basic earnings per share represents income available to common stockholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock, and are determined using the treasury stock method. The following table sets forth the weighted average shares outstanding used in the computations of basic and diluted earnings per share. (in thousands) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Weighted average shares outstanding 6,329 6,290 6,329 6,292 Less: Unvested restricted shares ( 36 ) ( 35 ) ( 36 ) ( 35 ) Basic EPS weighted average shares outstanding 6,293 6,255 6,293 6,257 Basic EPS weighted average shares outstanding 6,293 6,255 6,293 6,257 Add: Dilutive effect of stock options and restricted shares 24 60 24 62 Diluted EPS weighted average shares outstanding 6,317 6,315 6,317 6,319 For the three and six month periods ended June 30, 2020, there were 82,600 stock options that were anti-dilutive and thereby excluded from the earnings per share calculations based upon the closing price of Norwood common stock of $ 24.79 per share as of June 30, 2020. For the three and six month periods ending June 30, 2019, there were no stock options that would be anti-dilutive to the earnings per share calculations based upon the closing price of Norwood common stock of $ 34.81 per share on June 30, 2019.

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Jun. 30, 2020
Stock Based Compensation [Abstract]
Stock Based Compensation	4. Stock-Based Compensation No awards were granted during the six-month period ended June 30, 2020. As of June 30, 2020, there was $ 102,000 of total unrecognized compensation cost related to non-vested options granted in 2019 under the 2014 Equity Incentive Plan, which will be fully amortized by December 31, 2020. Compensation costs related to stock options amounted to $ 102,000 and $ 104,000 during the six-month periods ended June 30, 2020 and 2019, respectively. A summary of the Company’s stock option activity for the six-month period ended June 30, 2020 is as follows: Weighted Average Exercise Weighted Average Aggregate Price Remaining Intrinsic Value Options Per Share Contractual Term ($000) Outstanding at January 1, 2020 199,825 $ 24.78 5.9 Yrs. $ 2,822 Granted — — — — Exercised ( 2,005 ) 19.25 5.8 Yrs. — Forfeited — — — Outstanding at June 30, 2020 197,820 $ 24.83 5.4 Yrs. $ 728 Exercisable at June 30, 2020 171,070 $ 23.08 4.8 Yrs. $ 728 Intrinsic value represents the amount by which the market price of the stock on the measurement date exceeded the exercise price of the option. The market price was $ 24.79 per share as of June 30, 2020 and $ 38.90 per share as of December 31, 2019. A summary of the Company’s restricted stock activity for the six-month periods ended June 30, 2020 and 2019 is as follows: 2020 2019 Weighted-Average Weighted-Average Number of Grant Date Number of Grant Date Restricted Stock Fair Value Restricted Stock Fair Value Non-vested, January 1, 36,195 $ 36.23 34,615 $ 27.82 Granted — — — — Vested — — — — Forfeited — — — — Non-vested, June 30, 36,195 $ 36.23 34,615 $ 27.82 The expected future compensation expense relating to the 36,195 shares of non-vested restricted stock outstanding as of June 30, 2020 is $ 979,000 . This cost will be recognized over the remaining vesting period of 4.5 years. Compensation costs related to restricted stock amounted to $ 167,000 and $ 145,000 during the six-month periods ended June 30, 2020 and 2019, respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	5. Accumulated Other Comprehensive Income (Loss) The following table presents the changes in accumulated other comprehensive income (loss) (in thousands) by component net of tax for the three and six months ended June 30, 2020 and 2019: Unrealized gains (losses) on available for sale securities (a) Balance as of March 31, 2020 $ 4,277 Other comprehensive income before reclassification 505 Amount reclassified from accumulated other comprehensive loss - Total other comprehensive income 505 Balance as of June 30, 2020 $ 4,782 Unrealized gains (losses) on available for sale securities (a) Balance as of March 31, 2019 $ ( 2,077 ) Other comprehensive loss before reclassification 2,568 Amount reclassified from accumulated other comprehensive loss ( 51 ) Total other comprehensive loss 2,517 Balance as of June 30, 2019 $ 440 Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2019 $ 1,187 Other comprehensive income before reclassification 3,625 Amount reclassified from accumulated other comprehensive income ( 30 ) Total other comprehensive income 3,595 Balance as of June 30, 2020 $ 4,782 Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2018 $ ( 5,020 ) Other comprehensive loss before reclassification 5,511 Amount reclassified from accumulated other comprehensive loss ( 51 ) Total other comprehensive loss 5,460 Balance as of June 30, 2019 $ 440 (a) All amounts are net of tax. Amounts in parentheses indicate debits. The following table presents significant amounts reclassified out of each component of accumulated other comprehensive income (loss) (in thousands) for the three and six months ended June 30, 2020 and 2019: Amount Reclassified From Accumulated Affected Line Item in Other Consolidated Comprehensive Statements Details about other comprehensive income Income (Loss) (a) of Income Three months ended June 30, 2020 2019 Unrealized gains on available for sale securities $ — $ 64 Net realized gains on sales of securities — ( 13 ) Income tax expense $ — $ 51 Six months ended June 30, 2020 2019 Unrealized gains on available for sale securities $ 38 $ 64 Net realized gains on sales of securities ( 8 ) ( 13 ) Income tax expense $ 30 $ 51 (a) Amounts in parentheses indicate debits to net income

Off-Balance Sheet Financial Ins

Off-Balance Sheet Financial Instruments and Guarantees	6 Months Ended
	Jun. 30, 2020
Off-Balance Sheet Financial Instruments and Guarantees [Abstract]
Off-Balance Sheet Financial Instruments and Guarantees	6. Off-Balance Sheet Financial Instruments and Guarantees The Bank is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheets. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. A summary of the Bank’s financial instrument commitments is as follows: (in thousands) June 30, 2020 2019 Commitments to grant loans $ 61,826 $ 49,936 Unfunded commitments under lines of credit 78,092 71,859 Standby letters of credit 4,065 4,305 $ 143,983 $ 126,100 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. The Bank evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation of the customer and generally consists of real estate. The Bank does not issue any guarantees that would require liability recognition or disclosure, other than its standby letters of credit. Standby letters of credit written are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Generally, all letters of credit, when issued, have expiration dates within one year. The credit risk involved in issuing letters of credit is essentially the same as those that are involved in extending loan facilities to customers. The Bank, generally, holds collateral and/or personal guarantees supporting these commitments. Management believes that the proceeds obtained through a liquidation of collateral and the enforcement of guarantees would be sufficient to cover the potential amount of future payments required under the corresponding guarantees. The current amount of the liability as of June 30, 2020 for guarantees under standby letters of credit issued is not material.

Securities

Securities	6 Months Ended
	Jun. 30, 2020
Securities [Abstract]
Securities	7 . Securities The amortized cost, gross unrealized gains and losses, and fair value of securities available for sale were as follows: June 30, 2020 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In Thousands) Available for Sale: States and political subdivisions $ 56,025 $ 1,881 $ — $ 57,906 Corporate obligations 3,057 36 — 3,093 Mortgage-backed securities- government sponsored entities 132,654 3,084 ( 2 ) 135,736 Total debt securities $ 191,736 $ 5,001 $ ( 2 ) $ 196,735 December 31, 2019 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In Thousands) Available for Sale: States and political subdivisions $ 70,015 $ 1,293 $ ( 3 ) $ 71,305 Corporate obligations 4,097 3 - 4,100 Mortgage-backed securities-government sponsored entities 135,646 238 ( 1,084 ) 134,800 Total debt securities $ 209,758 $ 1,534 $ ( 1,087 ) $ 210,205 The following tables show the Company’s investments’ gross unrealized losses and fair value aggregated by length of time that individual securities have been in a continuous unrealized loss position (in thousands): June 30, 2020 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities-government sponsored entities $ 6,793 $ ( 2 ) $ — $ — $ 6,793 $ ( 2 ) $ 6,793 $ ( 2 ) $ — $ — $ 6,793 $ ( 2 ) December 31, 2019 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses States and political subdivisions $ 1,296 $ ( 2 ) $ 481 $ ( 1 ) $ 1,777 $ ( 3 ) Mortgage-backed securities-government sponsored entities 32,415 ( 241 ) 61,096 ( 843 ) 93,511 ( 1,084 ) $ 33,711 $ ( 243 ) $ 61,577 $ ( 844 ) $ 95,288 $ ( 1,087 ) At June 30, 2020, the Company had five debt securities in an unrealized loss position in the less than twelve months category and no debt securities in the twelve months or more category. In Management’s opinion the unrealized losses reflect changes in interest rates subsequent to the acquisition of specific securities. No other-than-temporary-impairment charges were recorded in 2020. Management believes that all unrealized losses represent temporary impairment of the securities as the Company does not have the intent to sell the securities and it is more likely than not that it will not have to sell the securities before recovery of its cost basis. The amortized cost and fair value of debt securities as of June 30, 2020 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to prepay obligations with or without call or prepayment penalties. Available for Sale Amortized Cost Fair Value (In Thousands) Due in one year or less $ 5,218 $ 5,260 Due after one year through five years 8,334 8,403 Due after five years through ten years 19,314 19,673 Due after ten years 26,216 27,663 59,082 60,999 Mortgage-backed securities-government sponsored entities 132,654 135,736 $ 191,736 $ 196,735 Gross realized gains and gross realized losses on sales of securities available for sale were as follows (in thousands): Three Months Six Months Ended June 30, Ended June 30, 2020 2019 2020 2019 Gross realized gains $ — $ 64 $ 38 $ 64 Gross realized losses — — — — Net realized gain $ — $ 64 $ 38 $ 64 Proceeds from sales of securities $ — $ 3,299 $ 8,224 $ 3,626 Securities with a carrying value of $ 163,150,000 and $ 196,986,000 at June 30, 2020 and 2019, respectively, were pledged to secure public deposits, securities sold under agreements to repurchase and for other purposes as required or permitted by law.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2020
Loans Receivable and Allowance for Loan Losses [Abstract]
Loans Receivable and Allowance for Loan Losses	8. Loans Receivable and Allowance for Loan Losses Set forth below is selected data relating to the composition of the loan portfolio at the dates indicated (dollars in thousands): June 30, 2020 December 31, 2019 Real Estate Loans: Residential $ 226,120 22.8 % $ 229,781 24.9 % Commercial 398,813 40.3 391,327 42.3 Construction 15,182 1.5 17,732 1.9 Commercial loans 194,917 19.7 134,150 14.5 Consumer loans to individuals 155,696 15.7 151,686 16.4 Total loans 990,728 100.0 % 924,676 100.0 % Deferred fees, net ( 2,049 ) ( 95 ) Total loans receivable 988,679 924,581 Allowance for loan losses ( 10,312 ) ( 8,509 ) Net loans receivable $ 978,367 $ 916,072 During 2020 the Company participated in the Paycheck Protection Program (“PPP”), administered directly by the U.S. SBA. The PPP provides loans to small businesses who were affected by economic conditions as a result of COVID-19 to provide cash-flow assistance to employers who maintain their payroll (including healthcare and certain related expenses), mortgage interest, rent, leases, utilities and interest on existing debt during the COVID-19 emergency. As of June 30, 2020, the Company had outstanding principal balances of $ 67.3 million. The PPP loans are fully guaranteed by the SBA and may be eligible for forgiveness by the SBA to the extent that the proceeds are used to cover eligible payroll costs, interest costs, rent, and utility costs over a period of up to 24 weeks after the loan is made as long as certain conditions are met regarding employee retention and compensation levels. PPP loans deemed eligible for forgiveness by the SBA will be repaid by the SBA to the Company. PPP loans are included in the Commercial loan category. In accordance with the SBA terms and conditions on these PPP loans, the Company received approximately $ 2.4 million in fees associated with the processing of these loans. Upon funding of the loan, these fees were deferred and will be amortized over the life of the loan as an adjustment to yield in accordance with FASB ASC 310-20-25-2. The following table presents information regarding loans acquired and accounted for in accordance with ASC 310-30 (in thousands): June 30, 2020 December 31, 2019 Outstanding Balance $ 766 $ 793 Carrying Amount $ 669 $ 696 As a result of the acquisition of Delaware Bancshares, Inc. (“Delaware”), the Company added $ 1,397,000 of loans that were accounted for in accordance with ASC 310-30. Based on a review of the loans acquired by senior lending management, which included an analysis of credit deterioration of the loans since origination, the Company recorded a specific credit fair value adjustment of $ 499,000 . For loans that were acquired with specific evidence of deterioration in credit quality, loan losses will be accounted for through a reduction of the specific reserve and will not impact the allowance for loan losses until actual losses exceed the allotted reserves. For loans acquired without a deterioration of credit quality, losses incurred will result in adjustments to the allowance for loan losses through the allowance for loan loss adequacy calculation. The Company maintains a loan review system, which allows for a periodic review of our loan portfolio and the early identification of potential impaired loans. Such system takes into consideration, among other things, delinquency status, size of loans, type and market value of collateral and financial condition of the borrowers. Specific loan loss allowances are established for identified losses based on a review of such information. A loan evaluated for impairment is considered to be impaired when, based on current information and events, it is probable that we will be unable to collect all amounts due according to the contractual terms of the loan agreement. All loans identified as impaired are evaluated independently. We do not aggregate such loans for evaluation purposes. Impairment is measured on a loan-by-loan basis for commercial and construction loans by the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral-dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential mortgage loans for impairment disclosures, unless such loans are part of a larger relationship that is impaired, or are classified as a troubled debt restructuring. Foreclosed assets acquired in settlement of loans are carried at fair value less estimated costs to sell and are included in foreclosed real estate owned on the Consolidated Balance Sheets. As of June 30, 2020 and December 31, 2019, foreclosed real estate owned totaled $ 965,000 and $ 1,556,000 , respectively. During the six months ended June 30, 2020, there were no additions to the foreclosed real estate category. The Co mpany disposed of one property that was previously transferred to foreclosed real estate owned with a carrying value of $ 591,000 through the sale of the property. As of June 30, 2020, the Company has initiated formal foreclosure proceedings on three properties classified as consumer residential mortgages with an aggregate carrying value of $ 59,000 . The following table shows the amount of loans in each category that were individually and collectively evaluated for impairment at the dates indicated: Real Estate Loans Commercial Consumer Residential Commercial Construction Loans Loans Total June 30, 2020 (In thousands) Individually evaluated for impairment $ — $ 2,093 $ — $ — $ — $ 2,093 Loans acquired with deteriorated credit quality 457 212 — — — 669 Collectively evaluated for impairment 225,663 396,508 15,182 194,917 155,696 987,966 Total Loans $ 226,120 $ 398,813 $ 15,182 $ 194,917 $ 155,696 $ 990,728 Real Estate Loans Commercial Consumer Residential Commercial Construction Loans Loans Total December 31, 2019 (In thousands) Individually evaluated for impairment $ - $ 2,144 $ - $ - $ - $ 2,144 Loans acquired with deteriorated credit quality 476 220 - - - 696 Collectively evaluated for impairment 229,305 388,963 17,732 134,150 151,686 921,836 Total Loans $ 229,781 $ 391,327 $ 17,732 $ 134,150 $ 151,686 $ 924,676 The following table includes the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable. Unpaid Recorded Principal Associated Investment Balance Allowance June 30, 2020 (in thousands) With no related allowance recorded: Real Estate Loans: Commercial $ 170 $ 370 $ — Subtotal 170 370 — With an allowance recorded: Real Estate Loans Commercial 1,923 1,956 392 Subtotal 1,923 1,956 392 Total: Real Estate Loans: Commercial 2,093 2,326 392 Total Impaired Loans $ 2,093 $ 2,326 $ 392 Unpaid Recorded Principal Associated Investment Balance Allowance December 31, 2019 (in thousands) With no related allowance recorded: Real Estate Loans: Commercial $ 143 $ 394 $ — Subtotal 143 394 — With an allowance recorded: Real Estate Loans Commercial 2,001 2,001 417 Subtotal 2,001 2,001 417 Total: Real Estate Loans: Commercial 2,144 2,395 417 Total Impaired Loans $ 2,144 $ 2,395 $ 417 The following table presents the average recorded investment in impaired loans and the related amount of interest income recognized during the three-month periods ended June 30, 2020 and 2019, respectively (in thousands): Average Recorded Interest Income Investment Recognized 2020 2019 2020 2019 Real Estate Loans: Commercial 2,094 601 3 24 Total $ 2,094 $ 601 $ 3 $ 24 The following table presents the average recorded investment in impaired loans and the related amount of interest income recognized during the six-month periods ended June 30, 2020 and 2019, respectively (in thousands): Average Recorded Interest Income Investment Recognized 2020 2019 2020 2019 Real Estate Loans: Commercial 2,096 840 6 24 Total $ 2,096 $ 840 $ 6 $ 24 Troubled debt restructured loans are those loans whose terms have been renegotiated to provide a reduction or deferral of principal or interest as a result of financial difficulties experienced by the borrower, who could not obtain comparable terms from alternate financing sources. As of June 30, 2020 and December 31, 2019, troubled debt restructured loans totaled $ 93,000 and $ 99,000 , respectively , with no specific reserve. For the six-month period ended June 30, 2020 and 2019, there were no new loans identified as troubled debt restructurings nor did the Company recognized any charge-off on a loan that was previously identified as a troubled debt restructuring. Management uses an eight point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first four categories are considered not criticized, and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due are considered Substandard. Any portion of a loan that has been charged off is placed in the Loss category. On April 7, 2020, federal banking regulators issued a revised interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. The agencies confirmed in working with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Bank has a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as nonperformance, repossession, or death occurs to raise awareness of a possible credit event. The Company’s Loan Review Department is responsible for the timely and accurate risk rating of the loans on an ongoing basis. Every credit which must be approved by Loan Committee or the Board of Directors is assigned a risk rating at time of consideration. Loan Review also annually reviews relationships of $ 1,500,000 and over to assign or re-affirm risk ratings. Loans in the Substandard categories that are collectively evaluated for impairment are given separate consideration in the determination of the allowance. The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, Doubtful and Loss within the internal risk rating system as of June 30, 2020 and December 31, 2019 (in thousands): Special Doubtful Pass Mention Substandard or Loss Total June 30, 2020 Commercial real estate loans $ 385,332 $ 10,413 $ 3,068 $ — $ 398,813 Commercial loans 194,475 273 169 — 194,917 Total $ 579,807 $ 10,686 $ 3,237 $ — $ 593,730 Special Doubtful Pass Mention Substandard or Loss Total December 31, 2019 Commercial real estate loans $ 376,109 $ 12,268 $ 2,950 $ — $ 391,327 Commercial loans 133,695 248 207 — 134,150 Total $ 509,804 $ 12,516 $ 3,157 $ — $ 525,477 For residential real estate loans, construction loans and consumer loans, the Company evaluates credit quality based on the performance of the individual credits. The following table presents the recorded investment in the loan classes based on payment activity as of June 30, 2020 and December 31, 2019 (in thousands): Performing Nonperforming Total June 30, 2020 Residential real estate loans $ 225,655 $ 465 $ 226,120 Construction 15,182 — 15,182 Consumer loans 155,405 291 155,696 Total $ 396,242 $ 756 $ 396,998 Performing Nonperforming Total December 31, 2019 Residential real estate loans $ 229,214 $ 567 $ 229,781 Construction 17,732 — 17,732 Consumer loans 151,607 79 151,686 Total $ 398,553 $ 646 $ 399,199 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of June 30, 2020 and December 31, 2019 (in thousands): Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-Accrual Total Past Due and Non-Accrual Total Loans June 30, 2020 Real Estate loans Residential $ 225,328 $ 245 $ 82 $ - $ 465 $ 792 $ 226,120 Commercial 396,296 52 274 - 2,191 2,517 398,813 Construction 15,182 - - - - - 15,182 Commercial loans 194,823 69 - - 25 94 194,917 Consumer loans 155,265 97 43 - 291 431 155,696 Total $ 986,894 $ 463 $ 399 $ - $ 2,972 $ 3,834 $ 990,728 Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-Accrual Total Past Due and Non-Accrual Total Loans December 31, 2019 Real Estate loans Residential $ 228,242 $ 727 $ 245 $ - $ 567 $ 1,539 $ 229,781 Commercial 388,117 176 2,935 - 99 3,210 391,327 Construction 17,695 - 37 - - 37 17,732 Commercial loans 134,018 82 - - 50 132 134,150 Consumer loans 151,309 233 65 - 79 377 151,686 Total $ 919,381 $ 1,218 $ 3,282 $ - $ 795 $ 5,295 $ 924,676 Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the allowance for loan losses. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the allowance. As of June 30, 2020, the allocation of the allowance pertaining to each major category of loans is higher than the allocation as of December 31, 2019. This increase is due primarily to an increase in the qualitative factor for economic conditions which worsened as a result of the COVID-19 pandemic. The increase in this factor added $ 1.7 million to the required allowance for loan losses. As of June 30, 2020, the Company has also added qualitative factors related to the pandemic to capture some of the risk associated with higher-risk industries and to recognize risk related to loans that have been granted deferral of payments due to COVID-19. At June 30, 2020, the allowance for loan losses includes $ 1.0 million of COVID related factors. These increases in the required allowance were offset partially by a decrease in the qualitative factor relating to loan growth which decreased by $ 908,000 due to a reduction in loan growth from 8.75 % in 2019 to projected growth of approximately 3.00 % for the year of 2020. The 2020 growth excludes growth in Paycheck Protection Program loans which are fully guaranteed by the Small Business Association. The following table presents the allowance for loan losses by the classes of the loan portfolio: (In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, December 31, 2019 $ 1,552 $ 4,687 $ 95 $ 949 $ 1,226 $ 8,509 Charge Offs ( 1 ) ( 33 ) — ( 18 ) ( 192 ) ( 244 ) Recoveries 3 6 — 18 20 47 Provision for loan losses 98 1,419 ( 9 ) 127 365 2,000 Ending balance, June 30, 2020 $ 1,652 $ 6,079 $ 86 $ 1,076 $ 1,419 $ 10,312 Ending balance individually evaluated for impairment $ — $ 392 $ — $ — $ — $ 392 Ending balance collectively evaluated for impairment $ 1,652 $ 5,687 $ 86 $ 1,076 $ 1,419 $ 9,920 (In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, March 31, 2020 $ 1,644 $ 4,915 $ 87 $ 1,064 $ 1,378 $ 9,088 Charge Offs - - - ( 18 ) ( 76 ) ( 94 ) Recoveries 1 2 - 8 7 18 Provision for loan losses 7 1,162 ( 1 ) 22 110 1,300 Ending balance, June 30, 2020 $ 1,652 $ 6,079 $ 86 $ 1,076 $ 1,419 $ 10,312 (In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, December 31, 2018 $ 1,328 $ 5,455 $ 93 $ 712 $ 864 $ 8,452 Charge Offs ( 75 ) ( 615 ) — ( 234 ) ( 135 ) ( 1,059 ) Recoveries 15 14 — 21 35 85 Provision for loan losses 179 ( 160 ) 19 397 315 750 Ending balance, June 30, 2019 $ 1,447 $ 4,694 $ 112 $ 896 $ 1,079 $ 8,228 Ending balance individually evaluated for impairment $ — $ — $ — $ — $ — $ — Ending balance collectively evaluated for impairment $ 1,447 $ 4,694 $ 112 $ 896 $ 1,079 $ 8,228 (In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, March 31, 2019 $ 1,455 $ 4,947 $ 108 $ 811 $ 1,028 $ 8,349 Charge Offs ( 10 ) ( 146 ) — ( 233 ) ( 72 ) ( 461 ) Recoveries 4 4 — 11 21 40 Provision for loan losses ( 2 ) ( 111 ) 4 307 102 300 Ending balance, June 30, 2019 $ 1,447 $ 4,694 $ 112 $ 896 $ 1,079 $ 8,228 The Company’s primary business activity as of June 30, 2020 was with customers located in northeastern Pennsylvania and the New York counties of Delaware and Sullivan. Accordingly, the Company has extended credit primarily to commercial entities and individuals in this area whose ability to honor their contracts is influenced by the region’s economy. As of June 30, 2020, the Company considered its concentration of credit risk to be acceptable. The highest concentrations are in commercial rentals with $ 89.1 million of loans outstanding, or 9.0 % of total loans outstanding, and the hospitality/lodging industry with loans outstanding of $ 67.3 million, or 6.8 % of loans outstanding. During 2020, the Company recognized a charge off of $ 33,000 on one property in the named concentrations.

Operating Leases

Operating Leases	6 Months Ended
	Jun. 30, 2020
Operating Leases [Abstract]
Operating Leases	9 . Operating Leases The Company leases seven office locations under operating leases. Several assumptions and judgments were made when applying the requirements of Topic 842 to the Company’s existing lease commitments, including the allocation of consideration in the contracts between lease and nonlease components, determination of the lease term, and determination of the discount rate used in calculating the present value of the lease payments. The Company has elected to account for the variable nonlease components, such as common area maintenance charges, utilities, real estate taxes, and insurance, separately from the lease component. Such variable nonlease components are reported in net occupancy expense on the Consolidated Statements of Income when paid. These variable nonlease components were excluded from the calculation of the present value of the remaining lease payments, therefore, they are not included in other assets and other liabilities on the Consolidated Balance Sheets. The lease cost associated with the operating leases for the six-month periods ending June 30, 2020 and 2019, amounted to $ 280,000 and $ 255,000 respectively. Certain of the Company’s leases contain options to renew the lease after the initial term. Management considers the Company’s historical pattern of exercising renewal options on leases and the positive performance of the leased locations, when determining whether it is reasonably certain that the leases will be renewed. If management concludes that there is reasonable certainty about the renewal option, it is included in the calculation of the remaining term of each applicable lease. The discount rate utilized in calculating the present value of the remaining lease payments for each lease was the Federal Home Loan Bank of Pittsburgh advance rate corresponding to the remaining maturity of the lease. The following table presents the weighted-average remaining lease term and discount rate for the leases outstanding at June 30, 2020. Operating Weighted-average remaining term 12.7 Weighted-average discount rate 3.22 % The following table presents the undiscounted cash flows due related to operating leases as of June 30, 2020, along with a reconciliation to the discounted amount recorded on the Consolidated Balance Sheets: Undiscounted cash flows due (in thousands) Operating 2020 $ 267 2021 535 2022 535 2023 535 2024 544 2025 and thereafter 3,879 Total undiscounted cash flows 6,295 Discount on cash flows ( 1,162 ) Total lease liabilities $ 5,133

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	6 Months Ended
	Jun. 30, 2020
Fair Value of Assets and Liabilities [Abstract]
Fair Value of Assets and Liabilities	10 . Fair Value of Assets and Liabilities Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. In accordance with fair value accounting guidance, the Company measures, records, and reports various types of assets and liabilities at fair value on either a recurring or non-recurring basis in the Consolidated Financial Statements. Those assets and liabilities are presented in the sections entitled “Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis” and “Assets and Liabilities Required to be Measured and Reported at Fair Value on a Non-Recurring Basis”. There are three levels of inputs that may be used to measure fair values: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The methods of determining the fair value of assets and liabilities presented in this note are consistent with our methodologies disclosed in Note 15 of the Company’s 2019 Form 10-K. Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2020 and December 31, 2019 are as follows: Fair Value Measurement Using Reporting Date Description Total Level 1 Level 2 Level 3 (In thousands) June 30, 2020 Available for Sale: States and political subdivisions $ 57,906 $ - $ 57,906 $ - Corporate obligations 3,093 - 3,093 - Mortgage-backed securities-government sponsored entities 135,736 - 135,736 - Total $ 196,735 $ - $ 196,735 $ - Description Total Level 1 Level 2 Level 3 (In thousands) December 31, 2019 Available for Sale: States and political subdivisions $ 71,305 $ - $ 71,305 $ - Corporate obligations 4,100 - 4,100 - Mortgage-backed securities-government sponsored entities 134,800 - 134,800 - Total $ 210,205 $ - $ 210,205 $ - Securities: The fair value of securities available for sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. For certain securities which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence (Level 3). In the absence of such evidence, management’s best estimate is used. Management’s best estimate consists of both internal and external support on certain Level 3 investments. Internal cash flow models using a present value formula that includes assumptions market participants would use along with indicative exit pricing obtained from broker/dealers (where available) are used to support fair values of certain Level 3 investments, if applicable. Assets and Liabilities Required to be Measured and Reported at Fair Value on a Non-Recurring Basis For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2020 and December 31, 2019 are as follows: Fair Value Measurement Using Reporting Date (In thousands) Description Total Level 1 Level 2 Level 3 June 30, 2020 Impaired Loans $ 1,531 $ - $ - $ 1,531 Foreclosed Real Estate Owned 965 - - 965 December 31, 2019 Impaired Loans $ 1,584 $ - $ - $ 1,584 Foreclosed Real Estate Owned 1,556 - - 1,556 Impaired loans (generally carried at fair value): The Company measures impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the lowest level of input that is significant to the fair value measurements. As of June 30, 2020, the fair value investment in impaired loans totaled $ 1,531,000 which included one loan relationship that required a valuation allowance of $ 392,000 since the estimated realizable value of the collateral was not sufficient to cover the recorded investment in the loan. As of June 30, 2020, the Company has recognized a charge-off against the allowance for loan losses on this impaired loan in the amount of $ 33,000 . As of December 31, 2019, the fair value investment in impaired loans totaled $ 1,584,000 which included two loans that required a valuation allowance of $ 417,000 since the estimated realizable value of the collateral or the discounted cash flows were not sufficient to cover the recorded investment in the loans. As of December 31, 2019, the Company had no t recognized any charge-offs against the allowance for loan losses on these impaired loans. Foreclosed real estate owned (carried at fair value): Real estate properties acquired through loan foreclosures, or by deed in lieu of loan foreclosure are to be sold and are carried at fair value less estimated cost to sell. Fair value is based upon independent market prices, appraised value of the collateral or management’s estimation of the value of the collateral. These assets are included in Level 3 fair value based upon the lowest level of input that is significant to the fair value measurement. The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) June 30, 2020 Impaired loans $ 1,531 Appraisal of collateral(1) Appraisal adjustments(2) 10.00 % ( 10.00 %) Foreclosed real estate owned $ 965 Appraisal of collateral(1) Liquidation Expenses(2) 7.00 % ( 7.00 %) Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) December 31, 2019 Impaired loans $ 1,531 Appraisal of collateral(1) Appraisal adjustments(2) 10.00 % ( 10.00 %) Impaired loans $ 53 Present value of future cash flows Loan discount rate 4.00 - 6.97 % ( 5.55 %) Probability of default 0% Foreclosed real estate owned $ 1,556 Appraisal of collateral(1) Liquidation Expenses(2) 0 - 7.00 % ( 4.34 %) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not identifiable, less any associated allowance. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. Assets and Liabilities Not Required to be Measured or Reported at Fair Value The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at June 30, 2020 and December 31, 2019. Loans receivable (carried at cost): The fair values of loans are estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Mortgage servicing rights (generally carried at cost) The Company utilizes a third party provider to estimate the fair value of certain loan servicing rights. Fair value for the purpose of this measurement is defined as the amount at which the asset could be exchanged in a current transaction between willing parties, other than in a forced liquidation. Deposit liabilities (carried at cost): The fair values disclosed for demand deposits (e.g., interest and noninterest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Other borrowings (carried at cost): Fair values of FHLB advances are estimated using discounted cash flow analysis, based on quoted prices for new FHLB advances with similar credit risk characteristics, terms and remaining maturity. These prices obtained from this active market represent a fair value that is deemed to represent the transfer price if the liability were assumed by a third party. The estimated fair values of the Bank’s financial instruments not required to be measured or reported at fair value were as follows at June 30, 2020 and December 31, 2019. (In thousands) Fair Value Measurements at June 30, 2020 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 83,376 $ 83,376 $ 83,376 $ - $ - Loans receivable, net 978,367 1,049,959 - - 1,049,959 Mortgage servicing rights 168 168 - - 168 Regulatory stock (1) 3,677 3,677 3,677 - - Bank owned life insurance (1) 39,183 39,183 39,183 - - Accrued interest receivable (1) 4,383 4,383 4,383 - - Financial liabilities: Deposits 1,086,238 1,090,317 725,129 - 365,188 Short-term borrowings (1) 55,204 55,204 55,204 - - Other borrowings 50,823 51,997 - - 51,997 Accrued interest payable (1) 2,826 2,826 2,826 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - Fair Value Measurements at December 31, 2019 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 15,415 $ 15,415 $ 15,415 $ - $ - Loans receivable, net 916,072 943,143 - - 943,143 Mortgage servicing rights 187 226 - - 226 Regulatory stock (1) 4,844 4,844 4,844 - - Bank owned life insurance (1) 38,763 38,763 38,763 - - Accrued interest receivable (1) 3,719 3,719 3,719 - - Financial liabilities: Deposits 957,529 961,120 596,811 - 364,309 Short-term borrowings (1) 62,256 62,256 62,256 - - Other borrowings 56,438 56,618 - - 56,618 Accrued interest payable (1) 2,432 2,432 2,432 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - (1) This financial instrument is carried at cost, which approximates the fair value of the instrument.

New and Recently Adopted Accoun

New and Recently Adopted Accounting Pronouncements	6 Months Ended
	Jun. 30, 2020
New and Recently Adopted Accounting Pronouncements [Abstract]
New and Recently Adopted Accounting Pronouncements	11 . New and Recently Adopted Accounting Pronouncements New Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments , which changes the impairment model for most financial assets. This Update is intended to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. The underlying premise of the Update is that financial assets measured at amortized cost should be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The allowance for credit losses should reflect management’s current estimate of credit losses that are expected to occur over the remaining life of a financial asset. The income statement will be effected for the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. With certain exceptions, transition to the new r equirements will be through a cumulative-effect adjustment to opening retained earnings as of the beginning of the first reporting period in which the guidance is adopted. In November 2019, the FASB issued ASU 2019-10, Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) . This Update defers the effective date of ASU 2016-13 for SEC filers that are eligible to be smaller reporting companies, non-SEC filers, and all other companies, to fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. We expect to recognize a one-time cumulative-effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective but cannot yet determine the magnitude of any such one-time adjustment or the overall impact of the new guidance on the consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment . To simplify the subsequent measurement of goodwill, the FASB eliminated Step 2 from the goodwill impairment test. In computing the implied fair value of goodwill under Step 2, an entity had to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities (including unrecognized assets and liabilities) following the procedure that would be required in determining the fair value of assets acquired and liabilities assumed in a business combination. Instead, under the amendments in this Update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. In November 2019, the FASB issued ASU 2019-10, Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) , which deferred the effective date for ASC 350, Intangibles – Goodwill and Other , for smaller reporting companies to fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. This Update is not expected to have a significant impact on the Company’s financial statements. In August 2018, the FASB issued ASU 2018-14, Compensation – Retirement Benefits (Topic 715-20). This Update amends ASC 715 to add, remove, and clarify disclosure requirements related to defined benefit pension and other postretirement plans. The Update eliminates the requirement to disclose the amounts in accumulated other comprehensive income expected to be recognized as part of net periodic benefit cost over the next year. The Update also removes the disclosure requirements for the effects of a one percentage point change on the assumed health care costs and the effect of this change in rates on service cost, interest cost, and the benefit obligation for postretirement health care benefits. This Update is effective for public business entities for fiscal years ending after December 15, 2020, and must be applied on a retrospective basis. For all other entities, this Update is effective for fiscal years ending after December 15, 2021. This Update is not expected to have a significant impact on the Company’s financial statements. In April 2019, the FASB issued ASU 201 9-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Derivatives and Hedging (Topic 815), and Financial Instruments (Topic 825), which affects a variety of topics in the Codification and applies to all reporting entities within the scope of the affected accounting guidance. Topic 326 , Financial Instruments – Credit Losses , amendments are effective for SEC registrants for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. For all other public business entities, the effective date is for fiscal years beginning after December 15, 2020, and for all other entities, the effective date is for fiscal years beginning after December 15, 2021. Topic 815 , Derivatives and Hedging , amendments are effective for public business entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2019, and interim periods beginning after December 15, 2020. For entities that have adopted the amendments in Update 2017-12, the effective date is as of the beginning of the first annual period beginning after the issuance of this Update. Topic 825 , Financial Instruments , amendments are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years. In November 2019, the FASB issued ASU 2019-10, Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) . This Update defers the effective date of ASU 2016-13 for SEC filers that are eligible to be smaller reporting companies, non-SEC filers, and all other companies, to fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Furthermore, the ASU provides a one-year deferral of the effective dates of the ASUs on derivatives and hedging for companies that are not public business entities. The Company qualifies as a smaller reporting company and does not expect to early adopt these ASUs. In May 2019, the FASB issued ASU 2019-05, Financial Instruments – Credit Losses (Topic 326) , which allows entities to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost upon adoption of the new credit losses standard. To be eligible for the transition election, the existing financial asset must otherwise be both within the scope of the new credit losses standard and eligible for applying the fair value option in ASC 825-10. The election must be applied on an instrument-by-instrument basis and is not available for either available-for-sale or held-to-maturity debt securities. For entities that elect the fair value option, the difference between the carrying amount and the fair value of the financial asset would be recognized through a cumulative-effect adjustment to opening retained earnings as of the date an entity adopted ASU 2016-13. Changes in fair value of that financial asset would subsequently be reported in current earnings. For entities that have not yet adopted ASU 2016-13, the effective dates and transition requirements are the same as those in ASU 2016-13. For entities that have adopted ASU 2016-13, ASU 2019-05 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted once ASU 2016-13 has been adopted. In November 2019, the FASB issued ASU 2019-10, Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) . The Update defers the effective date of ASU 2016-13 for SEC filers that are eligible to be smaller reporting companies, non-SEC filers, and all other companies, to fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Company qualifies as a smaller reporting company and does not expect to early adopt ASU 2016-13. In November 2019, the FASB issued ASU 2019-10, Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) . The Update defers the effective dates of ASU 2016-13 for SEC filers that are eligible to be smaller reporting companies, non-SEC filers, and all other companies, to fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. This Update also amends the mandatory effective date for the elimination of Step 2 from the goodwill impairment test under ASU No. 2017-04, Intangibles ‒ Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (Goodwill) , to align with those used for credit losses. Furthermore, the ASU provides a one-year deferral of the effective dates of the ASUs on derivatives and hedging and leases for companies that are not public business entities. The Company qualifies as a smaller reporting company and does not expect to early adopt these ASUs. In November 2019, the FASB issued ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments – Credit Losses , to clarify its new credit impairment guidance in ASC 326, based on implementation issues raised by stakeholders. This Update clarified, among other things, that expected recoveries are to be included in the allowance for credit losses for these financial assets; an accounting policy election can be made to adjust the effective interest rate for existing troubled debt restructurings based on the prepayment assumptions instead of the prepayment assumptions applicable immediately prior to the restructuring event; and extends the practical expedient to exclude accrued interest receivable from all additional relevant disclosures involving amortized cost basis. The effective dates in this Update are the same as those applicable for ASU 2019-10. The Company qualifies as a smaller reporting company and does not expect to early adopt these ASUs. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) , to simplify the accounting for income taxes, change the accounting for certain tax transactions, and make minor improvements to the codification. This Update provides a policy election to not allocate consolidated income taxes when a member of a consolidated tax return is not subject to income tax and provides guidance to evaluate whether a step-up in tax basis of goodwill relates to a business combination in which book goodwill was recognized or was a separate transaction. The Update also changes current guidance for making an intraperiod allocation if there is a loss in continuing operations and gains outside of continuing operations, determining when a deferred tax liability is recognized after an investor in a foreign entity transitions to or from the equity method of accounting, accounting for tax law changes and year-to-date losses in interim periods, and determining how to apply the income tax guidance to franchise taxes that are partially based on income. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. This Update is not expected to have a significant impact on the Company’s financial statements. In March 2020, the FASB issued ASU 2020-3 , Codification Improvements to Financial Instruments. This ASU was issued to improve and clarify various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016. The ASU includes seven issues that describe the areas of improvement and the related amendments to GAAP; they are intended to make the standards easier to understand and apply and to eliminate inconsistencies, and they are narrow in scope and are not expected to significantly change practice for most entities. Among its provisions, the ASU clarifies that all entities, other than public business entities that elected the fair value option, are required to provide certain fair value disclosures under ASC 825, Financial Instruments , in both interim and annual financial statements. It also clarifies that the contractual term of a net investment in a lease under Topic 842 should be the contractual term used to measure expected credit losses under Topic 326. Amendments related to ASU 2019-04 are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is not permitted before an entity’s adoption of ASU 2016-01. Amendments related to ASU 2016-13 for entities that have not yet adopted that guidance are effective upon adoption of the amendments in ASU 2016-13. Early adoption is not permitted before an entity’s adoption of ASU 2016-13. Amendments related to ASU 2016-13 for entities that have adopted that guidance are effective for fiscal years beginning after December 15, 2019, including interim periods within those years. Other amendments are effective upon issuance of this ASU. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or results of operations. In January 2020, the FASB issued ASU 2020-4, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, March 2020 , to provide temporary optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as Secured Overnight Financing Rate. Entities can elect not to apply certain modification accounting requirements to contracts affected by what the guidance calls reference rate reform, if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Also, entities can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform, if certain criteria are met, and can make a one-time election to sell and/or reclassify held-to-maturity debt securities that reference an interest rate affected by reference rate reform. The amendments in this ASU are effective for all entities upon issuance through December 31, 2022. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or results of operations.

Acquisition of UpState New York

Acquisition of UpState New York Bancorp, Inc. and USNY Bank.	6 Months Ended
	Jun. 30, 2020
Acquisition of UpState New York Bancorp, Inc. and USNY Bank. [Abstract]
Acquisition of UpState New York Bancorp, Inc. and USNY Bank.	12 . Acquisition of UpState New York Bancorp, Inc. and USNY Bank. On January 8, 2020, Norwood Financial Corp. (“Norwood”) and its wholly owned subsidiary, Wayne Bank, and UpState New York Bancorp, Inc. (“UpState”), and its wholly owned subsidiary, USNY Bank entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which UpState would merge with and into Norwood, with Norwood as the surviving corporation (“the Merger”). The Merger was completed on July 7, 2020. Pursuant to the terms of the Merger Agreement, UpState was merged with and into Norwood, with Norwood as the surviving corporation of the Merger. Immediately following the Merger, USNY Bank was merged with and into Wayne Bank, with Wayne Bank as the surviving entity. USNY Bank conducted its business from two Bank of the Finger Lakes offices in Geneva and Penn Yan, New York, and two Bank of Cooperstown offices in Cooperstown and Oneonta, New York. At March 31, 2020, UpState had total assets of $ 443.8 million, total deposits of $ 393.9 million and total stockholders’ equity of $ 46.5 million. Pursuant to the terms of the Merger Agreement, shareholders of UpState elected to receive for each share of UpState common stock they owned, either 0.9390 shares of Norwood common stock or $ 33.33 in cash, or a combination of both. All shareholder elections were subject to the allocation and proration procedures set forth in the Merger Agreement which were intended to ensure that 90 % of the shares of UpState would be exchanged for Norwood common stock and 10 % of the shares of UpState would be exchanged for cash. In addition, under the terms of the Merger Agreement, UpState shareholders received an additional $ 0.67 per share in cash for each share of UpState common stock held. In the aggregate, the merger consideration paid to UpState shareholders consisted of approximately $ 8,845,198 in cash and 1,865,738 shares of Norwood common stock. The senior management of Norwood and Wayne Bank remained the same following the completion of the Merger. UpState directors Jeffrey S. Gifford and Alexandra K. Nolan have been appointed to the boards of directors of Norwood and Wayne Bank. In addition, the remaining former directors of UpState have been invited to join a regional advisory board. UpState President and CEO R. Michael Briggs has entered into a consulting agreement with Wayne Bank. Norwood has retained the brand names of USNY’s two units, Bank of the Finger Lakes and Bank of Cooperstown, and has also retained USNY’s administration center in Geneva, New York. Scott D. White, unit President of Bank of Cooperstown, and Jeffrey E. Franklin, unit President of Bank of the Finger Lakes, will also remain in place as executives of their units.

Risks and Uncertainties

Risks and Uncertainties	6 Months Ended
	Jun. 30, 2020
Risks and Uncertainties [Abstract]
Risks and Uncertainties	13 . Risks and Uncertainties The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, was signed into law on March 27, 2020, and provided over $2.0 trillion in emergency economic relief to individuals and businesses impacted by the COVID-19 pandemic. The CARES Act authorized the Small Business Administration (“SBA”) to temporarily guarantee loans under a new 7(a) loan program called the Paycheck Protection Program (“PPP”). As a qualified SBA lender, we were automatically authorized to originate PPP loans. An eligible business can apply for a PPP loan up to the greater of: (1) 2.5 times its average monthly payroll costs; or (2) $10.0 million. PPP loans will have: (a) an interest rate of 1.0%, (b) a two-year loan term to maturity; and (c) principal and interest payments deferred for six months from the date of disbursement. The SBA will guarantee 100% of the PPP loans made to eligible borrowers. The entire principal amount of the borrower’s PPP loan, including any accrued interest, is eligible to be reduced by the loan forgiveness amount under the PPP so long as employee and compensation levels of the business are maintained and 60% of the loan proceeds are used for payroll expenses, with the remaining 40% of the loan proceeds used for other qualifying expenses. As of June 30, 2020, the Company approved 746 applications for $ 67.3 million of loans under the PPP. Since the opening of the PPP, several larger banks have been subject to litigation regarding the process and procedures that such banks used in processing applications for the PPP. Norwood may be exposed to the risk of similar litigation, from both customers and non-customers that approached the bank regarding PPP loans, regarding the process and procedures used in processing applications for the PPP. If any such litigation is filed against and is not resolved in a manner favorable to Norwood, it may result in significant financial liability or adversely affect reputation. In addition, litigation can be costly, regardless of outcome. Any financial liability, litigation costs or reputational damage caused by PPP-related litigation could have a material adverse impact on our business, financial condition and results of operations. The Company also has credit risk on PPP loans if a determination is made by the SBA that there is a deficiency in the manner in which the loan was originated, funded, or serviced by, such as an issue with the eligibility of a borrower to receive a PPP loan, which may or may not be related to the ambiguity in the laws, rules and guidance regarding the operation of the PPP. In the event of a loss resulting from a default on a PPP loan and a determination by the SBA that there was a deficiency in the manner in which the PPP loan was originated, funded, or serviced by Norwood , the SBA may deny its liability under the guaranty, reduce the amount of the guaranty, or, if it has already paid under the guaranty, seek recovery of any loss related to the deficiency from the Company. Owner-Occupied Residential Mortgage & Consumer Loans . For residential mortgage and consumer loans, CARES Act Section 4013 forbearance agreements are available to qualified borrowers. As of June 30, 2020, we had processed 112 residential mortgage payment deferrals of $ 11.0 million. None of the deferrals granted were to non-owner-occupied loans. Due to the widespread impact of the State of Pennsylvania and the State of New York Stay-At-Home orders, we expect that additional residential loan borrowers will seek loan forbearance or loan modification agreements in the third quarter of 2020. Deferrals As of June 30, 2020, we received requests to modify 918 loans aggregating $ 192.9 million primarily consisting of the deferral of principal and interest payments and the extension of the maturity date. Details with respect to actual loan modifications are as follows: COVID-19 Loan Forbearance Programs . Section 4013 of the CARES Act provides that banks may elect not to categorize a loan modification as a TDR if the loan modification is (1) related to COVID-19; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date on which the national emergency concerning the novel coronavirus disease (COVID–19) outbreak declared by the President on March 13, 2020, under the National Emergencies Act terminates, or (B) December 31, 2020. According to the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (Revised) issued by the federal bank regulatory agencies on April 7, 2020, short-term loan modifications not otherwise eligible under Section 4013 that are made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. See Note 8 of the financial statements for additional disclosure of TDRs at June 30, 2020. The following table presents a summary of loans that were granted forbearance by type of loan as of June 30, 2020: Loan Type Number of Loans Balance (in thousands) Real Estate Loans: Residential 112 $ 10,955 Commercial 225 152,610 Construction 15 5,174 Commercial, financial and agricultural 101 13,282 Consumer loans to individuals 465 10,924 Total 918 $ 192,945 The following table presents a summary of loans that remain in forbearance by type of loan as of June 30, 2020: Loan Type Number of Loans Balance (in thousands) Real Estate Loans: Residential 105 $ 10,570 Commercial 213 144,206 Construction 6 4,174 Commercial, financial and agricultural 97 12,900 Consumer loans to individuals 442 10,443 Total 863 $ 182,293

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2020
Revenue Recognition [Abstract]
Noninterest Income	Three months ended June 30, (dollars in thousands) Noninterest Income 2020 2019 In-scope of Topic 606: Service charges on deposit accounts $ 89 $ 66 ATM fees 104 91 Overdraft fees 148 343 Safe deposit box rental 24 23 Loan related service fees 82 94 Debit card fees 366 371 Fiduciary activities 175 145 Commissions on mutual funds and annuities 26 26 Other income 106 120 Noninterest Income ( in-scope of Topic 606 ) 1,120 1,279 Out-of-scope of Topic 606: Net realized gains on sales of securities — 64 Loan servicing fees ( 5 ) 24 Gains on sales of loans 65 67 Earnings on and proceeds from bank-owned life insurance 212 207 Noninterest Income ( out-of-scope of Topic 606 ) 272 362 Total Noninterest Income $ 1,392 $ 1,641 Six months ended June 30, (dollars in thousands) Noninterest Income 2020 2019 In-scope of Topic 606: Service charges on deposit accounts $ 185 $ 133 ATM fees 199 181 Overdraft fees 492 694 Safe deposit box rental 54 49 Loan related service fees 182 223 Debit card fees 710 697 Fiduciary activities 328 287 Commissions on mutual funds and annuities 64 81 Other income 238 235 Noninterest Income ( in-scope of Topic 606 ) 2,452 2,580 Out-of-scope of Topic 606: Net realized gains on sales of securities 38 64 Loan servicing fees 16 39 Gains on sales of loans 121 110 Earnings on and proceeds from bank-owned life insurance 420 408 Noninterest Income ( out-of-scope of Topic 606 ) 595 621 Total Noninterest Income $ 3,047 $ 3,201

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Schedule Of Weighted Average Shares Outstanding Used In The Computations Of Basic And Diluted Earnings Per Share	(in thousands) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Weighted average shares outstanding 6,329 6,290 6,329 6,292 Less: Unvested restricted shares ( 36 ) ( 35 ) ( 36 ) ( 35 ) Basic EPS weighted average shares outstanding 6,293 6,255 6,293 6,257 Basic EPS weighted average shares outstanding 6,293 6,255 6,293 6,257 Add: Dilutive effect of stock options and restricted shares 24 60 24 62 Diluted EPS weighted average shares outstanding 6,317 6,315 6,317 6,319

Stock Based Compensation (Table

Stock Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2020
Stock Based Compensation [Abstract]
Summary of Stock Option Activity	Weighted Average Exercise Weighted Average Aggregate Price Remaining Intrinsic Value Options Per Share Contractual Term ($000) Outstanding at January 1, 2020 199,825 $ 24.78 5.9 Yrs. $ 2,822 Granted — — — — Exercised ( 2,005 ) 19.25 5.8 Yrs. — Forfeited — — — Outstanding at June 30, 2020 197,820 $ 24.83 5.4 Yrs. $ 728 Exercisable at June 30, 2020 171,070 $ 23.08 4.8 Yrs. $ 728
Summary of Restricted Stock Activity	2020 2019 Weighted-Average Weighted-Average Number of Grant Date Number of Grant Date Restricted Stock Fair Value Restricted Stock Fair Value Non-vested, January 1, 36,195 $ 36.23 34,615 $ 27.82 Granted — — — — Vested — — — — Forfeited — — — — Non-vested, June 30, 36,195 $ 36.23 34,615 $ 27.82

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Abstract]
Summary of Changes In Accumulated Other Comprehensive Income (Loss)	Unrealized gains (losses) on available for sale securities (a) Balance as of March 31, 2020 $ 4,277 Other comprehensive income before reclassification 505 Amount reclassified from accumulated other comprehensive loss - Total other comprehensive income 505 Balance as of June 30, 2020 $ 4,782 Unrealized gains (losses) on available for sale securities (a) Balance as of March 31, 2019 $ ( 2,077 ) Other comprehensive loss before reclassification 2,568 Amount reclassified from accumulated other comprehensive loss ( 51 ) Total other comprehensive loss 2,517 Balance as of June 30, 2019 $ 440 Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2019 $ 1,187 Other comprehensive income before reclassification 3,625 Amount reclassified from accumulated other comprehensive income ( 30 ) Total other comprehensive income 3,595 Balance as of June 30, 2020 $ 4,782 Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2018 $ ( 5,020 ) Other comprehensive loss before reclassification 5,511 Amount reclassified from accumulated other comprehensive loss ( 51 ) Total other comprehensive loss 5,460 Balance as of June 30, 2019 $ 440 (a) All amounts are net of tax. Amounts in parentheses indicate debits.
Significant Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Income (Loss)	Amount Reclassified From Accumulated Affected Line Item in Other Consolidated Comprehensive Statements Details about other comprehensive income Income (Loss) (a) of Income Three months ended June 30, 2020 2019 Unrealized gains on available for sale securities $ — $ 64 Net realized gains on sales of securities — ( 13 ) Income tax expense $ — $ 51 Six months ended June 30, 2020 2019 Unrealized gains on available for sale securities $ 38 $ 64 Net realized gains on sales of securities ( 8 ) ( 13 ) Income tax expense $ 30 $ 51 (a) Amounts in parentheses indicate debits to net income

Off-Balance Sheet Financial I_2

Off-Balance Sheet Financial Instruments and Guarantees (Tables)	6 Months Ended
	Jun. 30, 2020
Off-Balance Sheet Financial Instruments and Guarantees [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks	(in thousands) June 30, 2020 2019 Commitments to grant loans $ 61,826 $ 49,936 Unfunded commitments under lines of credit 78,092 71,859 Standby letters of credit 4,065 4,305 $ 143,983 $ 126,100

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Securities [Abstract]
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities	June 30, 2020 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In Thousands) Available for Sale: States and political subdivisions $ 56,025 $ 1,881 $ — $ 57,906 Corporate obligations 3,057 36 — 3,093 Mortgage-backed securities- government sponsored entities 132,654 3,084 ( 2 ) 135,736 Total debt securities $ 191,736 $ 5,001 $ ( 2 ) $ 196,735 December 31, 2019 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In Thousands) Available for Sale: States and political subdivisions $ 70,015 $ 1,293 $ ( 3 ) $ 71,305 Corporate obligations 4,097 3 - 4,100 Mortgage-backed securities-government sponsored entities 135,646 238 ( 1,084 ) 134,800 Total debt securities $ 209,758 $ 1,534 $ ( 1,087 ) $ 210,205
Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continous Unrealized Loss Position	June 30, 2020 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities-government sponsored entities $ 6,793 $ ( 2 ) $ — $ — $ 6,793 $ ( 2 ) $ 6,793 $ ( 2 ) $ — $ — $ 6,793 $ ( 2 ) December 31, 2019 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses States and political subdivisions $ 1,296 $ ( 2 ) $ 481 $ ( 1 ) $ 1,777 $ ( 3 ) Mortgage-backed securities-government sponsored entities 32,415 ( 241 ) 61,096 ( 843 ) 93,511 ( 1,084 ) $ 33,711 $ ( 243 ) $ 61,577 $ ( 844 ) $ 95,288 $ ( 1,087 )
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	Available for Sale Amortized Cost Fair Value (In Thousands) Due in one year or less $ 5,218 $ 5,260 Due after one year through five years 8,334 8,403 Due after five years through ten years 19,314 19,673 Due after ten years 26,216 27,663 59,082 60,999 Mortgage-backed securities-government sponsored entities 132,654 135,736 $ 191,736 $ 196,735
Gross Realized Gains and Losses on Sales of Securities Available-for-Sale	Three Months Six Months Ended June 30, Ended June 30, 2020 2019 2020 2019 Gross realized gains $ — $ 64 $ 38 $ 64 Gross realized losses — — — — Net realized gain $ — $ 64 $ 38 $ 64 Proceeds from sales of securities $ — $ 3,299 $ 8,224 $ 3,626

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2020
Loans Receivable and Allowance for Loan Losses [Abstract]
Composition of the Loan Portfolio	June 30, 2020 December 31, 2019 Real Estate Loans: Residential $ 226,120 22.8 % $ 229,781 24.9 % Commercial 398,813 40.3 391,327 42.3 Construction 15,182 1.5 17,732 1.9 Commercial loans 194,917 19.7 134,150 14.5 Consumer loans to individuals 155,696 15.7 151,686 16.4 Total loans 990,728 100.0 % 924,676 100.0 % Deferred fees, net ( 2,049 ) ( 95 ) Total loans receivable 988,679 924,581 Allowance for loan losses ( 10,312 ) ( 8,509 ) Net loans receivable $ 978,367 $ 916,072
Information Regarding Loans Acquired and Accounted for in Accordance With ASC 310-30	June 30, 2020 December 31, 2019 Outstanding Balance $ 766 $ 793 Carrying Amount $ 669 $ 696
Summary of Amount of Loans in Each Category that were Individually and Collectively Evaluated for Impairment	Real Estate Loans Commercial Consumer Residential Commercial Construction Loans Loans Total June 30, 2020 (In thousands) Individually evaluated for impairment $ — $ 2,093 $ — $ — $ — $ 2,093 Loans acquired with deteriorated credit quality 457 212 — — — 669 Collectively evaluated for impairment 225,663 396,508 15,182 194,917 155,696 987,966 Total Loans $ 226,120 $ 398,813 $ 15,182 $ 194,917 $ 155,696 $ 990,728 Real Estate Loans Commercial Consumer Residential Commercial Construction Loans Loans Total December 31, 2019 (In thousands) Individually evaluated for impairment $ - $ 2,144 $ - $ - $ - $ 2,144 Loans acquired with deteriorated credit quality 476 220 - - - 696 Collectively evaluated for impairment 229,305 388,963 17,732 134,150 151,686 921,836 Total Loans $ 229,781 $ 391,327 $ 17,732 $ 134,150 $ 151,686 $ 924,676
Impaired Loans and Related Interest Income by Loan Portfolio Class	The following table includes the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable. Unpaid Recorded Principal Associated Investment Balance Allowance June 30, 2020 (in thousands) With no related allowance recorded: Real Estate Loans: Commercial $ 170 $ 370 $ — Subtotal 170 370 — With an allowance recorded: Real Estate Loans Commercial 1,923 1,956 392 Subtotal 1,923 1,956 392 Total: Real Estate Loans: Commercial 2,093 2,326 392 Total Impaired Loans $ 2,093 $ 2,326 $ 392 Unpaid Recorded Principal Associated Investment Balance Allowance December 31, 2019 (in thousands) With no related allowance recorded: Real Estate Loans: Commercial $ 143 $ 394 $ — Subtotal 143 394 — With an allowance recorded: Real Estate Loans Commercial 2,001 2,001 417 Subtotal 2,001 2,001 417 Total: Real Estate Loans: Commercial 2,144 2,395 417 Total Impaired Loans $ 2,144 $ 2,395 $ 417 The following table presents the average recorded investment in impaired loans and the related amount of interest income recognized during the three-month periods ended June 30, 2020 and 2019, respectively (in thousands): Average Recorded Interest Income Investment Recognized 2020 2019 2020 2019 Real Estate Loans: Commercial 2,094 601 3 24 Total $ 2,094 $ 601 $ 3 $ 24 The following table presents the average recorded investment in impaired loans and the related amount of interest income recognized during the six-month periods ended June 30, 2020 and 2019, respectively (in thousands): Average Recorded Interest Income Investment Recognized 2020 2019 2020 2019 Real Estate Loans: Commercial 2,096 840 6 24 Total $ 2,096 $ 840 $ 6 $ 24
Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating	Special Doubtful Pass Mention Substandard or Loss Total June 30, 2020 Commercial real estate loans $ 385,332 $ 10,413 $ 3,068 $ — $ 398,813 Commercial loans 194,475 273 169 — 194,917 Total $ 579,807 $ 10,686 $ 3,237 $ — $ 593,730 Special Doubtful Pass Mention Substandard or Loss Total December 31, 2019 Commercial real estate loans $ 376,109 $ 12,268 $ 2,950 $ — $ 391,327 Commercial loans 133,695 248 207 — 134,150 Total $ 509,804 $ 12,516 $ 3,157 $ — $ 525,477 For residential real estate loans, construction loans and consumer loans, the Company evaluates credit quality based on the performance of the individual credits. The following table presents the recorded investment in the loan classes based on payment activity as of June 30, 2020 and December 31, 2019 (in thousands): Performing Nonperforming Total June 30, 2020 Residential real estate loans $ 225,655 $ 465 $ 226,120 Construction 15,182 — 15,182 Consumer loans 155,405 291 155,696 Total $ 396,242 $ 756 $ 396,998 Performing Nonperforming Total December 31, 2019 Residential real estate loans $ 229,214 $ 567 $ 229,781 Construction 17,732 — 17,732 Consumer loans 151,607 79 151,686 Total $ 398,553 $ 646 $ 399,199
Loan Portfolio Summarized by the Past Due Status	Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-Accrual Total Past Due and Non-Accrual Total Loans June 30, 2020 Real Estate loans Residential $ 225,328 $ 245 $ 82 $ - $ 465 $ 792 $ 226,120 Commercial 396,296 52 274 - 2,191 2,517 398,813 Construction 15,182 - - - - - 15,182 Commercial loans 194,823 69 - - 25 94 194,917 Consumer loans 155,265 97 43 - 291 431 155,696 Total $ 986,894 $ 463 $ 399 $ - $ 2,972 $ 3,834 $ 990,728 Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-Accrual Total Past Due and Non-Accrual Total Loans December 31, 2019 Real Estate loans Residential $ 228,242 $ 727 $ 245 $ - $ 567 $ 1,539 $ 229,781 Commercial 388,117 176 2,935 - 99 3,210 391,327 Construction 17,695 - 37 - - 37 17,732 Commercial loans 134,018 82 - - 50 132 134,150 Consumer loans 151,309 233 65 - 79 377 151,686 Total $ 919,381 $ 1,218 $ 3,282 $ - $ 795 $ 5,295 $ 924,676
Allowance for Loan Losses and Recorded Investment in Financing Receivables	(In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, December 31, 2019 $ 1,552 $ 4,687 $ 95 $ 949 $ 1,226 $ 8,509 Charge Offs ( 1 ) ( 33 ) — ( 18 ) ( 192 ) ( 244 ) Recoveries 3 6 — 18 20 47 Provision for loan losses 98 1,419 ( 9 ) 127 365 2,000 Ending balance, June 30, 2020 $ 1,652 $ 6,079 $ 86 $ 1,076 $ 1,419 $ 10,312 Ending balance individually evaluated for impairment $ — $ 392 $ — $ — $ — $ 392 Ending balance collectively evaluated for impairment $ 1,652 $ 5,687 $ 86 $ 1,076 $ 1,419 $ 9,920 (In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, March 31, 2020 $ 1,644 $ 4,915 $ 87 $ 1,064 $ 1,378 $ 9,088 Charge Offs - - - ( 18 ) ( 76 ) ( 94 ) Recoveries 1 2 - 8 7 18 Provision for loan losses 7 1,162 ( 1 ) 22 110 1,300 Ending balance, June 30, 2020 $ 1,652 $ 6,079 $ 86 $ 1,076 $ 1,419 $ 10,312 (In thousands) Residential Real Estate Commercial Real Estate Construction Commercial Consumer Total Beginning balance, December 31, 2018 $ 1,328 $ 5,455 $ 93 $ 712 $ 864 $ 8,452 Charge Offs ( 75 ) ( 615 ) — ( 234 ) ( 135 ) ( 1,059 ) Recoveries 15 14 — 21 35 85 Provision for loan losses 179 ( 160 ) 19 397 315 750 Ending balance, June 30, 2019 $ 1,447 $ 4,694 $ 112 $ 896 $ 1,079 $ 8,228 Ending balance individually evaluated for impairment $ — $ — $ — $ — $ — $ — Ending balance collectively evaluated for impairment $ 1,447 $ 4,694 $ 112 $ 896 $ 1,079 $ 8,228

Operating Leases (Tables)

Operating Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Operating Leases [Abstract]
Lease Cost	Operating Weighted-average remaining term 12.7 Weighted-average discount rate 3.22 %
Undiscounted Cash Flows Due	Undiscounted cash flows due (in thousands) Operating 2020 $ 267 2021 535 2022 535 2023 535 2024 544 2025 and thereafter 3,879 Total undiscounted cash flows 6,295 Discount on cash flows ( 1,162 ) Total lease liabilities $ 5,133

Fair Value of Assets and Liab_2

Fair Value of Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value of Assets and Liabilities [Abstract]
Fair Value, Assets Measured on Recurring Basis	Fair Value Measurement Using Reporting Date Description Total Level 1 Level 2 Level 3 (In thousands) June 30, 2020 Available for Sale: States and political subdivisions $ 57,906 $ - $ 57,906 $ - Corporate obligations 3,093 - 3,093 - Mortgage-backed securities-government sponsored entities 135,736 - 135,736 - Total $ 196,735 $ - $ 196,735 $ - Description Total Level 1 Level 2 Level 3 (In thousands) December 31, 2019 Available for Sale: States and political subdivisions $ 71,305 $ - $ 71,305 $ - Corporate obligations 4,100 - 4,100 - Mortgage-backed securities-government sponsored entities 134,800 - 134,800 - Total $ 210,205 $ - $ 210,205 $ -
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis	Fair Value Measurement Using Reporting Date (In thousands) Description Total Level 1 Level 2 Level 3 June 30, 2020 Impaired Loans $ 1,531 $ - $ - $ 1,531 Foreclosed Real Estate Owned 965 - - 965 December 31, 2019 Impaired Loans $ 1,584 $ - $ - $ 1,584 Foreclosed Real Estate Owned 1,556 - - 1,556
Additional Qualitative Information about Level 3 Assets	Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) June 30, 2020 Impaired loans $ 1,531 Appraisal of collateral(1) Appraisal adjustments(2) 10.00 % ( 10.00 %) Foreclosed real estate owned $ 965 Appraisal of collateral(1) Liquidation Expenses(2) 7.00 % ( 7.00 %) Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) December 31, 2019 Impaired loans $ 1,531 Appraisal of collateral(1) Appraisal adjustments(2) 10.00 % ( 10.00 %) Impaired loans $ 53 Present value of future cash flows Loan discount rate 4.00 - 6.97 % ( 5.55 %) Probability of default 0% Foreclosed real estate owned $ 1,556 Appraisal of collateral(1) Liquidation Expenses(2) 0 - 7.00 % ( 4.34 %) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not identifiable, less any associated allowance. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
Fair Value, by Balance Sheet Grouping	Fair Value Measurements at June 30, 2020 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 83,376 $ 83,376 $ 83,376 $ - $ - Loans receivable, net 978,367 1,049,959 - - 1,049,959 Mortgage servicing rights 168 168 - - 168 Regulatory stock (1) 3,677 3,677 3,677 - - Bank owned life insurance (1) 39,183 39,183 39,183 - - Accrued interest receivable (1) 4,383 4,383 4,383 - - Financial liabilities: Deposits 1,086,238 1,090,317 725,129 - 365,188 Short-term borrowings (1) 55,204 55,204 55,204 - - Other borrowings 50,823 51,997 - - 51,997 Accrued interest payable (1) 2,826 2,826 2,826 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - Fair Value Measurements at December 31, 2019 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 15,415 $ 15,415 $ 15,415 $ - $ - Loans receivable, net 916,072 943,143 - - 943,143 Mortgage servicing rights 187 226 - - 226 Regulatory stock (1) 4,844 4,844 4,844 - - Bank owned life insurance (1) 38,763 38,763 38,763 - - Accrued interest receivable (1) 3,719 3,719 3,719 - - Financial liabilities: Deposits 957,529 961,120 596,811 - 364,309 Short-term borrowings (1) 62,256 62,256 62,256 - - Other borrowings 56,438 56,618 - - 56,618 Accrued interest payable (1) 2,432 2,432 2,432 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - (1) This financial instrument is carried at cost, which approximates the fair value of the instrument.

Risks and Uncertainties (Tables

Risks and Uncertainties (Tables)	6 Months Ended
	Jun. 30, 2020
Risks and Uncertainties [Abstract]
Summary of Loan Forbearance	Loan Type Number of Loans Balance (in thousands) Real Estate Loans: Residential 112 $ 10,955 Commercial 225 152,610 Construction 15 5,174 Commercial, financial and agricultural 101 13,282 Consumer loans to individuals 465 10,924 Total 918 $ 192,945
Summary Of Loans That Remain In Forbearance	Loan Type Number of Loans Balance (in thousands) Real Estate Loans: Residential 105 $ 10,570 Commercial 213 144,206 Construction 6 4,174 Commercial, financial and agricultural 97 12,900 Consumer loans to individuals 442 10,443 Total 863 $ 182,293

Revenue Recognition (Noninteres

Revenue Recognition (Noninterest Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Noninterest Income (in scope of Topic 606)	$ 1,120	$ 1,279	$ 2,452	$ 2,580
Net realized gains on sales of securities		64	38	64
Loan servicing fees	(5)	24	16	39
Gain on sales of loans	65	67	121	110
Earnings on and proceeds from bank-owned life insurance	212	207	420	408
Noninterest Income (out-of-scope of Topic 606)	272	362	595	621
Total other income	1,392	1,641	3,047	3,201
Service Charges On Deposit Accounts [Member]
Noninterest Income (in scope of Topic 606)	89	66	185	133
ATM Fees [Member]
Noninterest Income (in scope of Topic 606)	104	91	199	181
Overdraft Fees [Member]
Noninterest Income (in scope of Topic 606)	148	343	492	694
Safe Deposit Box Rental [Member]
Noninterest Income (in scope of Topic 606)	24	23	54	49
Loan Related Service Fees [Member]
Noninterest Income (in scope of Topic 606)	82	94	182	223
Debit Card [Member]
Noninterest Income (in scope of Topic 606)	366	371	710	697
Fiduciary Activities [Member]
Noninterest Income (in scope of Topic 606)	175	145	328	287
Commissions On Mutual Funds And Annuities [Member]
Noninterest Income (in scope of Topic 606)	26	26	64	81
Other Income [Member]
Noninterest Income (in scope of Topic 606)	$ 106	$ 120	$ 238	$ 235

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	82,600	0	82,600	0
Share price	$ 24.79	$ 34.81	$ 24.79	$ 34.81	$ 38.90

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Weighted Average Shares Outstanding Used in the Computations of Basic and Diluted Earnings Per Share) (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Weighted average shares outstanding	6,329	6,290	6,329	6,292
Less: Unvested restricted shares	(36)	(35)	(36)	(35)
Basic EPS weighted average shares outstanding	6,293	6,255	6,293	6,257
Add: Dilutive effect of stock options and restricted shares	24	60	24	62
Diluted EPS weighted average shares outstanding	6,317	6,315	6,317	6,319

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Granted	0
Share price	$ 24.79	$ 34.81	$ 38.90
Future compensation expense of non-vested restricted stock outstanding	$ 979
Non-vested restricted stock recognition period	4 years 6 months
Compensation expense related to stock options	$ 102	$ 104
Non-vested stock outstanding	36,195	34,615	36,195	34,615
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 167	$ 145
Norwood Financial Corp 2014 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to non-vested options granted	$ 102

Stock Based Compensation (Summa

Stock Based Compensation (Summary of Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Stock Based Compensation [Abstract]
Options, beginning of year	199,825
Options, Granted	0
Options, Exercised	(2,005)
Options, end of year	197,820	199,825
Options, Exercisable, end of period	171,070
Weighted Average Exercise Price Per Share, Outstanding, beginning of period	$ 24.78
Weighted Average Exercise Price Per Share, Granted
Weighted Average Exercise Price Per Share, Exercised	19.25
Weighted Average Exercise Price Per Share, Outstanding, end of period	24.83	$ 24.78
Weighted Average Exercise Price Per Share, Exercisable, end of period	$ 23.08
Weighted Average Remaining Contractual Term, Granted in Period	5 years 9 months 18 days
Weighted Average Remaining Contractual Term, Outstanding	5 years 4 months 24 days	5 years 10 months 24 days
Weighted Average Remaining Contractual Term, Exercisable at End of Period	4 years 9 months 18 days
Aggregate Intrinsic Value, Outstanding, beginning of period	$ 2,822
Aggregate Intrinsic Value, Granted in Period	0
Aggregate Intrinsic Value, Outstanding, end of period	728	$ 2,822
Aggregate Intrinsic Value, Exercisable at end of period	$ 728

Stock Based Compensation (Sum_2

Stock Based Compensation (Summary of Restricted Stock Activity) (Details) - $ / shares	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Stock Based Compensation [Abstract]
Restricted stock Non-vested, beginning balance	36,195	34,615	34,615
Restricted stock Non-vested, ending balance	36,195	36,195	34,615
Restricted stock Non-vested, weighted-average grant date fair value, beginning balance	$ 36.23	$ 27.82	$ 27.82
Restricted stock Non-vested, weighted-average grant date fair value, ending balance	$ 36.23	$ 36.23	$ 27.82

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Summary Of Changes In Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			$ 1,187
Other comprehensive income (loss)	$ 505	$ 2,517	3,595	$ 5,460
Ending balance	4,782		4,782
Unrealized gains and losses on available-for-sale securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	4,277	(2,077)	1,187	(5,020)
Other comprehensive income (loss) before reclassification	505	2,568	3,625	5,511
Other comprehensive income (loss)	505	2,517	3,595	5,460
Ending balance	4,782	440	4,782	440
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ 505	2,517	3,595	5,460
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized gains and losses on available-for-sale securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amount reclassified from accumulated other comprehensive (income) loss		$ (51)	$ (30)	$ (51)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Significant Amounts Reclassified Out Of Each Component Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized gains on sales of securities		$ 64	$ 38	$ 64
Income tax expense	$ (379)	(646)	(860)	(1,188)
NET INCOME	$ 1,488	3,522	4,567	6,712
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized gains and losses on available-for-sale securities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized gains on sales of securities		64	38	64
Income tax expense		(13)	(8)	(13)
NET INCOME		$ 51	$ 30	$ 51

Off-Balance Sheet Financial I_3

Off-Balance Sheet Financial Instruments and Guarantees (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Loss Contingencies [Line Items]
Financial instrument commitments	$ 143,983	$ 126,100
Commitments to grant loans [Member]
Loss Contingencies [Line Items]
Financial instrument commitments	61,826	49,936
Unfunded commitments under lines of credit [Member]
Loss Contingencies [Line Items]
Financial instrument commitments	78,092	71,859
Standby letters of credit [Member]
Loss Contingencies [Line Items]
Financial instrument commitments	$ 4,065	$ 4,305

Securities (Narrative) (Details

Securities (Narrative) (Details)	6 Months Ended
	Jun. 30, 2020USD ($)security	Jun. 30, 2019USD ($)
Securities [Abstract]
Debt securities in unrealized loss position in the less than twelve months category | security	5
Debt securities in unrealized loss position in the twelve months or more category | security	0
Impairment of investments | $	$ 0
Pledged Financial Instruments, Not Separately Reported, Securities | $	$ 163,150,000	$ 196,986,000

Securities (Schedule of Amortiz

Securities (Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Schedule of Investments [Line Items]
Available for Sale, Fair Value	$ 196,735	$ 210,205
Fixed income [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost	191,736	209,758
Available for Sale, Gross Unrealized Gains	5,001	1,534
Available for Sale, Gross Unrealized Losses	(2)	(1,087)
Available for Sale, Fair Value	196,735	210,205
States And Political Subdivisions [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost	56,025	70,015
Available for Sale, Gross Unrealized Gains	1,881	1,293
Available for Sale, Gross Unrealized Losses		(3)
Available for Sale, Fair Value	57,906	71,305
Corporate Obligations [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost	3,057	4,097
Available for Sale, Gross Unrealized Gains	36	3
Available for Sale, Fair Value	3,093	4,100
Mortgage-backed Securities-Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost	132,654	135,646
Available for Sale, Gross Unrealized Gains	3,084	238
Available for Sale, Gross Unrealized Losses	(2)	(1,084)
Available for Sale, Fair Value	$ 135,736	$ 134,800

Securities (Schedule of Investm

Securities (Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	$ 6,793	$ 33,711
Less than 12 Months, Unrealized Losses	(2)	(243)
12 Months or More, Fair Value		61,577
12 Months or More, Unrealized Losses		(844)
Total, Fair Value	6,793	95,288
Total, Unrealized Losses	(2)	(1,087)
States And Political Subdivisions [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value		1,296
Less than 12 Months, Unrealized Losses		(2)
12 Months or More, Fair Value		481
12 Months or More, Unrealized Losses		(1)
Total, Fair Value		1,777
Total, Unrealized Losses		(3)
Mortgage-backed Securities-Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	6,793	32,415
Less than 12 Months, Unrealized Losses	(2)	(241)
12 Months or More, Fair Value		61,096
12 Months or More, Unrealized Losses		(843)
Total, Fair Value	6,793	93,511
Total, Unrealized Losses	$ (2)	$ (1,084)

Securities (Schedule of Amort_2

Securities (Schedule of Amortized Cost and Fair Value Of Debt Securities by Contractual Maturity) (Details) $ in Thousands	Jun. 30, 2020USD ($)
Securities [Abstract]
Available for Sale, Amortized Cost, Due in one year or less	$ 5,218
Available for Sale, Amortized Cost, Due after one year through five years	8,334
Available for Sale, Amortized Cost, Due after five years through ten years	19,314
Available for Sale, Amortized Cost, Due after ten years	26,216
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis, Total	59,082
Available for Sale, Amortized Cost, Mortgage-backed securities-government sponsored agencies	132,654
Available for Sale, Amortized Cost, Total	191,736
Available for Sale, Fair Value, Due in one year or less	5,260
Available for Sale, Fair Value, Due after one year through five years	8,403
Available for Sale, Fair Value, Due after five years through ten years	19,673
Available for Sale, Fair Value, Due after ten years	27,663
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Total	60,999
Available for Sale, Fair Value, Mortgage-backed securities-government sponsored agencies	135,736
Available for Sale, Fair Value, Total	$ 196,735

Securities (Gross Realized Gain

Securities (Gross Realized Gains and Losses on Sales of Securities Available-for-Sale) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Securities [Abstract]
Gross realized gains	$ 64	$ 38	$ 64
Net realized gain	64	38	64
Proceeds from sale of securities	$ 3,299	$ 8,224	$ 3,626

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Loan Losses (Narrative) (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)propertyloan	Dec. 31, 2019USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Related Allowance		$ 417,000
Real Estate Acquired Through Foreclosure	$ 965,000	1,556,000
Loans and Leases Receivable, Gross	990,728,000	$ 924,676,000
Allowance for Loan and Lease Losses, Adjustments, Other	(908,000)
Allowance for Loan and Lease Losses, Period Increase (Decrease)	$ 1,700,000
Loan growth	3.00%	8.75%
Outstanding Balance	$ 766,000	$ 793,000
Multiple Properties [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Real Estate Acquired Through Foreclosure	$ 591,000
Number Of Properties Disposed By Sale | property	1
Commercial Rentals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	$ 89,100,000
Commercial Rentals [Member] | Loans Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration Risk, Percentage	9.00%
Hospitality Lodging Industry [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	$ 67,300,000
Hospitality Lodging Industry [Member] | Loans Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration Risk, Percentage	6.80%
Property [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	$ 33,000
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number Of Properties Under Foreclosure Proceedings | property	3
Mortgage Loans in Process of Foreclosure, Amount	$ 59,000
Loans and Leases Receivable, Gross	226,120,000	229,781,000
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	398,813,000	391,327,000
Troubled Debt Restructured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Related Allowance	$ 0	0
New Loans Identified as Troubled Debt Restructurings, Number of Loans | loan	0
Financing Receivable, Troubled Debt Restructuring	$ 93,000	$ 99,000
PPP Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding Balance	67,300,000
Fee income	2,400,000
Delaware Bancshares, Inc. Acquisition [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets, Fair Value Adjustment	499,000
Outstanding Balance	1,397,000
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Annual Loan Review threshold, amount	1,500,000
COVID [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for Loan and Lease Losses, Period Increase (Decrease)	$ 1,000,000

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Loan Losses (Composition of the Loan Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 990,728		$ 924,676
Deferred fees, net	(2,049)		(95)
Total loans receivable	988,679		924,581
Allowance for loan losses	(10,312)	$ (9,088)	(8,509)	$ (8,228)	$ (8,349)	$ (8,452)
Net loans receivable	$ 978,367		$ 916,072
Percent of Loans	100.00%		100.00%
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 226,120		$ 229,781
Allowance for loan losses	$ (1,652)	(1,644)	$ (1,552)	(1,447)	(1,455)	(1,328)
Percent of Loans	22.80%		24.90%
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 398,813		$ 391,327
Allowance for loan losses	$ (6,079)	(4,915)	$ (4,687)	(4,694)	(4,947)	(5,455)
Percent of Loans	40.30%		42.30%
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 15,182		$ 17,732
Allowance for loan losses	$ (86)	(87)	$ (95)	(112)	(108)	(93)
Percent of Loans	1.50%		1.90%
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 194,917		$ 134,150
Allowance for loan losses	$ (1,076)	(1,064)	$ (949)	(896)	(811)	(712)
Percent of Loans	19.70%		14.50%
Consumer Loans To Individuals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 155,696		$ 151,686
Allowance for loan losses	$ (1,419)	$ (1,378)	$ (1,226)	$ (1,079)	$ (1,028)	$ (864)
Percent of Loans	15.70%		16.40%

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Loan Losses (Information Regarding Loans Acquired and Accounted for in Accordance with ASC 310-30) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans Receivable and Allowance for Loan Losses [Abstract]
Outstanding Balance	$ 766	$ 793
Carrying Amount	$ 669	$ 696

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Loan Losses (Summary of Amount of Loans in Each Category that were Individually and Collectively Evaluated for Impairment) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 2,093	$ 2,144
Loans acquired with deteriorated credit quality	669	696
Collectively evaluated for impairment	987,966	921,836
Total Loans	990,728	924,676
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	0	0
Loans acquired with deteriorated credit quality	457	476
Collectively evaluated for impairment	225,663	229,305
Total Loans	226,120	229,781
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	2,093	2,144
Loans acquired with deteriorated credit quality	212	220
Collectively evaluated for impairment	396,508	388,963
Total Loans	398,813	391,327
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	0	0
Loans acquired with deteriorated credit quality	0	0
Collectively evaluated for impairment	15,182	17,732
Total Loans	15,182	17,732
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	0	0
Loans acquired with deteriorated credit quality	0	0
Collectively evaluated for impairment	194,917	134,150
Total Loans	194,917	134,150
Consumer Loans To Individuals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	0	0
Loans acquired with deteriorated credit quality	0	0
Collectively evaluated for impairment	155,696	151,686
Total Loans	$ 155,696	$ 151,686

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Loan Losses (Impaired Loans and Related Interest Income by Loan Portfolio Class) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Financing Receivable, Impaired [Line Items]
Associated Allowance					$ 417
Average Recorded Investment, Total	$ 2,094	$ 601	$ 2,096	$ 840
Interest Income Recognized, Total	3	24	6	24
Impaired Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	170		170		143
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,923		1,923		2,001
Impaired Financing Receivable, Recorded Investment	2,093		2,093		2,144
Unpaid Principal Balance, With no related allowance recorded	370		370		394
Unpaid Principal Balance, With an allowance recorded	1,956		1,956		2,001
Unpaid Principal Balance, Total	2,326		2,326		2,395
Associated Allowance	392		392		417
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Associated Allowance					417
Average Recorded Investment, Total			2,096	840
Interest Income Recognized, Total			6	$ 24
Commercial [Member] | Impaired Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Recorded Investment					2,001
Unpaid Principal Balance, With an allowance recorded					2,001
Commercial Real Estate Loans [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, Total	2,094	601
Interest Income Recognized, Total	3	$ 24
Commercial Real Estate Loans [Member] | Impaired Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	170		170		143
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,923		1,923
Impaired Financing Receivable, Recorded Investment	2,093		2,093		2,144
Unpaid Principal Balance, With no related allowance recorded	370		370		394
Unpaid Principal Balance, With an allowance recorded	1,956		1,956
Unpaid Principal Balance, Total	2,326		2,326		2,395
Associated Allowance	$ 392		$ 392		$ 417

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Loan Losses (Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	$ 396,998	$ 399,199
Total Summarized by Aggregate Risk Rating [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	593,730	525,477
Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	579,807	509,804
Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	10,686	12,516
Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	3,237	3,157
Doubtful Or Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount		0
Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	396,242	398,553
Nonperforming [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	756	646
Commercial Real Estate Loans [Member] | Total Summarized by Aggregate Risk Rating [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	398,813	391,327
Commercial Real Estate Loans [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	385,332	376,109
Commercial Real Estate Loans [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	10,413	12,268
Commercial Real Estate Loans [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	3,068	2,950
Commercial Real Estate Loans [Member] | Doubtful Or Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount		0
Commercial [Member] | Total Summarized by Aggregate Risk Rating [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	194,917	134,150
Commercial [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	194,475	133,695
Commercial [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	273	248
Commercial [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	169	207
Commercial [Member] | Doubtful Or Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount		0
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	226,120	229,781
Residential Real Estate Loans [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	225,655	229,214
Residential Real Estate Loans [Member] | Nonperforming [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	465	567
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	15,182	17,732
Construction Real Estate Loans [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	15,182	17,732
Consumer Loans To Individuals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	155,696	151,686
Consumer Loans To Individuals [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	155,405	151,607
Consumer Loans To Individuals [Member] | Nonperforming [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Amount	$ 291	$ 79

Loans Receivable and Allowanc_9

Loans Receivable and Allowance for Loan Losses (Loan Portfolio Summarized by the Past Due Status) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Current	$ 986,894	$ 919,381
Non-Accrual	2,972	795
Total Past Due and Non-Accrual	3,834	5,295
Total Loans	990,728	924,676
Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	463	1,218
Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	399	3,282
Financing Receivables, Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Current	225,328	228,242
Non-Accrual	465	567
Total Past Due and Non-Accrual	792	1,539
Total Loans	226,120	229,781
Residential Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	245	727
Residential Real Estate Loans [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	82	245
Residential Real Estate Loans [Member] | Financing Receivables, Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Current	396,296	388,117
Non-Accrual	2,191	99
Total Past Due and Non-Accrual	2,517	3,210
Total Loans	398,813	391,327
Commercial Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	52	176
Commercial Real Estate Loans [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	274	2,935
Commercial Real Estate Loans [Member] | Financing Receivables, Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Construction Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Current	15,182	17,695
Non-Accrual	0	0
Total Past Due and Non-Accrual	0	37
Total Loans	15,182	17,732
Construction Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Construction Real Estate Loans [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	37
Construction Real Estate Loans [Member] | Financing Receivables, Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Commercial [Member]
Financing Receivable, Past Due [Line Items]
Current	194,823	134,018
Non-Accrual	25	50
Total Past Due and Non-Accrual	94	132
Total Loans	194,917	134,150
Commercial [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	69	82
Commercial [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Commercial [Member] | Financing Receivables, Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	0	0
Consumer Loans To Individuals [Member]
Financing Receivable, Past Due [Line Items]
Current	155,265	151,309
Non-Accrual	291	79
Total Past Due and Non-Accrual	431	377
Total Loans	155,696	151,686
Consumer Loans To Individuals [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	97	233
Consumer Loans To Individuals [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	43	65
Consumer Loans To Individuals [Member] | Financing Receivables, Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Past Due	$ 0	$ 0

Loans Receivable and Allowan_10

Loans Receivable and Allowance for Loan Losses (Allowance for Loan Losses and Recorded Investment in Financing Receivables) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	$ 9,088	$ 8,349	$ 8,509	$ 8,452
Charge Offs	(94)	(461)	(244)	(1,059)
Recoveries	18	40	47	85
Provision for loan losses	1,300	300	2,000	750
Ending balance,	10,312	8,228	10,312	8,228
Ending balance individually evaluated for impairment	392		392
Ending balance collectively evaluated for impairment	9,920	8,228	9,920	8,228
Residential Real Estate Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	1,644	1,455	1,552	1,328
Charge Offs		(10)	(1)	(75)
Recoveries	1	4	3	15
Provision for loan losses	7	(2)	98	179
Ending balance,	1,652	1,447	1,652	1,447
Ending balance collectively evaluated for impairment	1,652	1,447	1,652	1,447
Commercial Real Estate Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	4,915	4,947	4,687	5,455
Charge Offs		(146)	(33)	(615)
Recoveries	2	4	6	14
Provision for loan losses	1,162	(111)	1,419	(160)
Ending balance,	6,079	4,694	6,079	4,694
Ending balance individually evaluated for impairment	392		392
Ending balance collectively evaluated for impairment	5,687	4,694	5,687	4,694
Construction Real Estate Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	87	108	95	93
Provision for loan losses	(1)	4	(9)	19
Ending balance,	86	112	86	112
Ending balance collectively evaluated for impairment	86	112	86	112
Commercial [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	1,064	811	949	712
Charge Offs	(18)	(233)	(18)	(234)
Recoveries	8	11	18	21
Provision for loan losses	22	307	127	397
Ending balance,	1,076	896	1,076	896
Ending balance collectively evaluated for impairment	1,076	896	1,076	896
Consumer Loans To Individuals [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	1,378	1,028	1,226	864
Charge Offs	(76)	(72)	(192)	(135)
Recoveries	7	21	20	35
Provision for loan losses	110	102	365	315
Ending balance,	1,419	1,079	1,419	1,079
Ending balance collectively evaluated for impairment	$ 1,419	$ 1,079	$ 1,419	$ 1,079

Operating Leases (Narrative) (D

Operating Leases (Narrative) (Details)	6 Months Ended
	Jun. 30, 2020USD ($)item	Jun. 30, 2019USD ($)
Operating Leases [Abstract]
Number of operating leases | item	7
Lease, Cost | $	$ 280,000	$ 255,000

Operating Leases (Lease Cost) (

Operating Leases (Lease Cost) (Details)	Jun. 30, 2020
Operating Leases [Abstract]
Weighted-average remaining term	12 years 8 months 12 days
Weighted-average discount rate	3.22%

Operating Leases (Undiscounted

Operating Leases (Undiscounted Cash Flows Due) (Details) $ in Thousands	Jun. 30, 2020USD ($)
Operating Leases [Abstract]
2020	$ 267
2021	535
2022	535
2023	535
2024	544
2025 and thereafter	3,879
Total undiscounted cash flows	6,295
Discount on cash flows	(1,162)
Total lease liabilities	$ 5,133

Fair Value of Assets and Liab_3

Fair Value of Assets and Liabilities (Narrative) (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of impaired loans not requiring a valuation allowance | loan		2
Impaired Loans, Cumulative Charge-Offs	$ 33,000	$ 0
Number of impaired loans requiring a valuation allowance | loan	1
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,531,000	1,584,000
Valuation allowance	$ 392,000	$ 417,000

Fair Value of Assets and Liab_4

Fair Value of Assets and Liabilities (Fair Value, Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	$ 196,735	$ 210,205
Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	196,735	210,205
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	196,735	210,205
States And Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	57,906	71,305
States And Political Subdivisions [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	57,906	71,305
States And Political Subdivisions [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	57,906	71,305
Corporate Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	3,093	4,100
Corporate Obligations [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	3,093	4,100
Corporate Obligations [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	3,093	4,100
Mortgage-backed Securities-Government Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	135,736	134,800
Mortgage-backed Securities-Government Sponsored Entities [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	135,736	134,800
Mortgage-backed Securities-Government Sponsored Entities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	$ 135,736	$ 134,800

Fair Value of Assets and Liab_5

Fair Value of Assets and Liabilities (Fair Value, Assets and Liabilities Measured on Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 1,531	$ 1,584
Fair Value, Nonrecurring [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	1,531	1,584
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	1,531	1,584
Fair Value, Nonrecurring [Member] | Foreclosed Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	965	1,556
Fair Value, Nonrecurring [Member] | Foreclosed Real Estate Owned [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 965	$ 1,556

Fair Value of Assets and Liab_6

Fair Value of Assets and Liabilities (Additional Qualitative Information about Level 3 Assets) (Details) $ in Thousands	Jun. 30, 2020USD ($)item	Dec. 31, 2019USD ($)item
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $	$ 1,531	$ 1,584
Impaired Loans [Member] | Appraisal of collateral [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $	$ 1,531	$ 1,531
Impaired Loans [Member] | Appraisal of collateral [Member] | Measurement Input, Appraised Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input	0.1000	0.1000
Impaired Loans [Member] | Present value of future cash flows [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $		$ 53
Impaired Loans [Member] | Minimum [Member] | Present value of future cash flows [Member] | Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input		0.0400
Impaired Loans [Member] | Maximum [Member] | Present value of future cash flows [Member] | Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input		0.0697
Impaired Loans [Member] | Weighted Average [Member] | Appraisal of collateral [Member] | Measurement Input, Appraised Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input	0.1000	0.1000
Impaired Loans [Member] | Weighted Average [Member] | Present value of future cash flows [Member] | Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input		0.0555
Other Real Estate Owned [Member] | Appraisal of collateral [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $	$ 965	$ 1,556
Other Real Estate Owned [Member] | Appraisal of collateral [Member] | Measurement Input, Cost to Sell [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.0700
Other Real Estate Owned [Member] | Minimum [Member] | Appraisal of collateral [Member] | Measurement Input, Cost to Sell [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input		0
Other Real Estate Owned [Member] | Maximum [Member] | Appraisal of collateral [Member] | Measurement Input, Cost to Sell [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input		0.0700
Other Real Estate Owned [Member] | Weighted Average [Member] | Appraisal of collateral [Member] | Measurement Input, Cost to Sell [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.0700	0.0434

Fair Value of Assets and Liab_7

Fair Value of Assets and Liabilities (Fair Value, by Balance Sheet Grouping) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets: Cash and cash equivalents, Fair Value Disclosure	$ 83,376	$ 15,415
Financial assets: Loans receivable, net, Fair Value Disclosure	1,049,959	943,143
Financial assets: Mortgage servicing rights, Fair Value Disclosure	168	226
Financial assets: Regulatory stock, Fair Value Disclosure	3,677	4,844
Financial assets: Bank owned life insurance, Fair Value Disclosure	39,183	38,763
Financial assets: Accrued interest receivable, Fair Value Disclosure	4,383	3,719
Financial liabilities: Deposits, Fair Value Disclosure	1,090,317	961,120
Financial liabilities: Short-term borrowings, Fair Value Disclosure	55,204	62,256
Financial liabilities: Other borrowings, Fair Value Disclosure	51,997	56,618
Financial liabilities: Accrued interest payable, Fair Value Disclosure	2,826	2,432
Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit, Fair Value Disclosure		0
Financial assets: Cash and cash equivalents	83,376	15,415	$ 18,472	$ 18,348
Financial assets: Loans receivable, net	978,367	916,072
Financial assets: Mortgage servicing rights	168	187
Financial assets: Regulatory stock	3,677	4,844
Financial assets: Bank owned life insurance	39,183	38,763
Financial assets: Accrued interest receivable	4,383	3,719
Financial liabilities: Deposits	1,086,238	957,529
Financial liabilities: Short-term borrowings	55,204	62,256
Financial liabilities: Other borrowings	50,823	56,438
Financial liabilities: Accrued interest payable	2,826	2,432
Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit		0
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets: Cash and cash equivalents, Fair Value Disclosure	83,376	15,415
Financial assets: Regulatory stock, Fair Value Disclosure	3,677	4,844
Financial assets: Bank owned life insurance, Fair Value Disclosure	39,183	38,763
Financial assets: Accrued interest receivable, Fair Value Disclosure	4,383	3,719
Financial liabilities: Deposits, Fair Value Disclosure	725,129	596,811
Financial liabilities: Short-term borrowings, Fair Value Disclosure	55,204	62,256
Financial liabilities: Accrued interest payable, Fair Value Disclosure	2,826	2,432
Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit, Fair Value Disclosure		0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit, Fair Value Disclosure		0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets: Loans receivable, net, Fair Value Disclosure	1,049,959	943,143
Financial assets: Mortgage servicing rights, Fair Value Disclosure	168	226
Financial liabilities: Deposits, Fair Value Disclosure	365,188	364,309
Financial liabilities: Other borrowings, Fair Value Disclosure	$ 51,997	56,618
Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit, Fair Value Disclosure		$ 0

Proposed Acquisition of UpState

Proposed Acquisition of UpState New York Bancorp, Inc. (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jan. 08, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Total Assets	$ 1,354,541,000			$ 1,230,610,000
Deposits	1,086,238,000			957,529,000
Stockholders’ equity	$ 142,664,000	$ 142,187,000		$ 137,428,000	$ 131,483,000	$ 126,772,000	$ 122,285,000
UpState New York Bancorp, Inc. [Member]
Business Acquisition [Line Items]
Total Assets		443,800,000
Deposits		393,900,000
Stockholders’ equity		$ 46,500,000
Conversion of shares			0.9390
Cash paid per share	$ 0.67		$ 33.33
Percent exchanged for stock			90.00%
Percent exchanged for cash			10.00%
Payments to Acquire Businesses, Gross	$ 8,845,198
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	1,865,738

Risks and Uncertainties (Narrat

Risks and Uncertainties (Narrative) (Details) $ in Millions	Apr. 30, 2020USD ($)loan
Risks and Uncertainties [Abstract]
Number of applications | loan	746
PPP loans | $	$ 67.3
CARES Act, Number Of Deferrals | loan	112
CARES Act, Amount Of Mortgage Payment Deferrals | $	$ 11
CARES Act, Number Of Requests To Modify Loans | loan	918
CARES Act, Deferred Principal And Interest | $	$ 192.9

Risks and Uncertainties (Summar

Risks and Uncertainties (Summary of Loan Forbearance) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)loan
Risks And Uncertainties [Line Items]
Number of Loans | loan	465
Balance | $	$ 10,924
Commercial Real Estate Loans [Member]
Risks And Uncertainties [Line Items]
Number of Loans | loan	112
Balance | $	$ 10,955
Construction Real Estate Loans [Member]
Risks And Uncertainties [Line Items]
Number of Loans | loan	225
Balance | $	$ 152,610
Commercial, Financial And Agricultural [Member]
Risks And Uncertainties [Line Items]
Number of Loans | loan	15
Balance | $	$ 5,174
Consumer Loans To Individuals [Member]
Risks And Uncertainties [Line Items]
Number of Loans | loan	101
Balance | $	$ 13,282

Risks and Uncertainties (Summ_2

Risks and Uncertainties (Summary Of Loans That Remain In Forbearance) (Details) $ in Thousands	Jun. 30, 2020USD ($)loan
Risks And Uncertainties [Line Items]
Number Of Remaining Loans In Forbearance | loan	863
Loans Remaining In Forbearance | $	$ 182,293
Residential Real Estate Loans [Member]
Risks And Uncertainties [Line Items]
Number Of Remaining Loans In Forbearance | loan	105
Loans Remaining In Forbearance | $	$ 10,570
Commercial Real Estate Loans [Member]
Risks And Uncertainties [Line Items]
Number Of Remaining Loans In Forbearance | loan	213
Loans Remaining In Forbearance | $	$ 144,206
Construction Real Estate Loans [Member]
Risks And Uncertainties [Line Items]
Number Of Remaining Loans In Forbearance | loan	6
Loans Remaining In Forbearance | $	$ 4,174
Commercial, Financial And Agricultural [Member]
Risks And Uncertainties [Line Items]
Number Of Remaining Loans In Forbearance | loan	97
Loans Remaining In Forbearance | $	$ 12,900
Consumer Loans To Individuals [Member]
Risks And Uncertainties [Line Items]
Number Of Remaining Loans In Forbearance | loan	442
Loans Remaining In Forbearance | $	$ 10,443