Stewardship Financial (SSFN) 10-Q 9 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 05, 2016
Document And Entity Information
Entity Registrant Name	STEWARDSHIP FINANCIAL CORP
Entity Central Index Key	1,023,860
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		6,114,585
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 13,471,000	$ 10,731,000
Other interest-earning assets	430,000	179,000
Cash and cash equivalents	13,901,000	10,910,000
Securities available-for-sale	98,533,000	93,354,000
Securities held to maturity; estimated fair value of $66,772,000 (2016) and $61,281,000 (2015)	65,666,000	60,738,000
Federal Home Loan Bank of New York stock, at cost	2,650,000	2,608,000
Loans held for sale	581,000	1,522,000
Loans, net of allowance for loan losses of $8,388,000 (at June 30, 2016) and $8,823,000 (at December 31, 2015)	529,225,000	517,556,000
Premises and equipment, net	6,678,000	6,799,000
Accrued interest receivable	1,912,000	1,967,000
Other real estate owned, net	834,000	880,000
Bank owned life insurance	16,320,000	14,111,000
Other assets	6,287,000	7,443,000
Total assets	742,587,000	717,888,000
Deposits:
Noninterest-bearing	160,461,000	147,828,000
Interest-bearing	466,008,000	456,925,000
Total deposits	626,469,000	604,753,000
Federal Home Loan Bank of New York advances	40,000,000	40,000,000
Subordinated Debentures and Subordinated Notes	23,219,000	23,186,000
Accrued interest payable	782,000	791,000
Accrued expenses and other liabilities	1,431,000	1,585,000
Total liabilities	691,901,000	670,315,000
Shareholders' equity
Common stock, no par value; 10,000,000 shares authorized; 6,113,030 and 6,085,528 shares issued and outstanding at June 30, 2016, and December 31, 2015, respectively	41,571,000	41,410,000
Retained earnings	8,972,000	7,008,000
Accumulated other comprehensive income (loss), net	143,000	(845,000)
Total Shareholders' equity	50,686,000	47,573,000
Total liabilities and Shareholders' equity	$ 742,587,000	$ 717,888,000

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets
Securities held to maturity	$ 66,772,000	$ 61,281,000
Allowance for loan losses	$ 8,388,000	$ 8,823,000
Shareholders' equity
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	6,113,030	6,085,528
Common stock, shares outstanding (in shares)	6,113,030	6,085,528

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest income:
Loans	$ 6,116,000	$ 5,623,000	$ 11,768,000	$ 11,069,000
Securities held to maturity:
Taxable	298,000	227,000	568,000	440,000
Nontaxable	100,000	119,000	203,000	249,000
Securities available-for-sale:
Taxable	409,000	342,000	786,000	704,000
Nontaxable	6,000	6,000	12,000	12,000
FHLB dividends	31,000	33,000	63,000	63,000
Other interest-earning assets	19,000	10,000	28,000	17,000
Total interest income	6,979,000	6,360,000	13,428,000	12,554,000
Interest expense:
Deposits	561,000	506,000	1,118,000	958,000
FHLB-NY Borrowings	201,000	211,000	404,000	427,000
Subordinated Debentures and Subordinated Notes	362,000	125,000	775,000	250,000
Total interest expense	1,124,000	842,000	2,297,000	1,635,000
Net interest income before provision for loan losses	5,855,000	5,518,000	11,131,000	10,919,000
Provision for loan losses	(450,000)	(600,000)	(800,000)	(700,000)
Net interest income after provision for loan losses	6,305,000	6,118,000	11,931,000	11,619,000
Noninterest income:
Fees and service charges	530,000	557,000	1,059,000	1,036,000
Bank owned life insurance	107,000	101,000	208,000	197,000
Gain on calls and sales of securities, net	32,000	0	56,000	152,000
Gain on sales of mortgage loans	19,000	55,000	37,000	65,000
Gain on sale of other real estate owned	6,000	0	6,000	53,000
Miscellaneous	138,000	169,000	285,000	297,000
Total noninterest income	832,000	882,000	1,651,000	1,800,000
Noninterest expenses:
Salaries and employee benefits	2,742,000	2,688,000	5,457,000	5,396,000
Occupancy, net	404,000	423,000	802,000	890,000
Equipment	148,000	165,000	298,000	321,000
Data processing	477,000	459,000	949,000	912,000
Advertising	157,000	258,000	308,000	470,000
FDIC insurance premium	90,000	117,000	196,000	230,000
Charitable contributions	90,000	70,000	160,000	140,000
Stationery and supplies	47,000	43,000	80,000	60,000
Legal	46,000	105,000	90,000	193,000
Bank-card related services	150,000	131,000	281,000	254,000
Other real estate owned	28,000	75,000	102,000	161,000
Miscellaneous	620,000	571,000	1,178,000	1,127,000
Total noninterest expenses	4,999,000	5,105,000	9,901,000	10,154,000
Income before income tax expense	2,138,000	1,895,000	3,681,000	3,265,000
Income tax expense	776,000	673,000	1,328,000	1,126,000
Net income	1,362,000	1,222,000	2,353,000	2,139,000
Dividends on preferred stock	0	171,000	0	342,000
Net income available to common shareholders	$ 1,362,000	$ 1,051,000	$ 2,353,000	$ 1,797,000
Basic and diluted earnings per common share (in usd per share)	$ 0.22	$ 0.17	$ 0.39	$ 0.30
Weighted average number of basic and diluted common shares outstanding (in shares)	6,111,729	6,086,474	6,102,040	6,066,191

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 1,362,000	$ 1,222,000	$ 2,353,000	$ 2,139,000
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses) on securities available-for-sale	244,000	(325,000)	916,000	138,000
Reclassification adjustment for gains in net income	(20,000)	0	(35,000)	(91,000)
Accretion of loss on securities reclassified to held to maturity	25,000	34,000	70,000	121,000
Change in fair value of interest rate swap	0	37,000	37,000	71,000
Total other comprehensive income (loss)	249,000	(254,000)	988,000	239,000
Total comprehensive income	$ 1,611,000	$ 968,000	$ 3,341,000	$ 2,378,000

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss), Net [Member]
Balance beginning at Dec. 31, 2014	$ 58,969,000	$ 14,984,000	$ 41,125,000	$ 3,817,000	$ (957,000)
Balance beginning, shares at Dec. 31, 2014			6,034,933
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(242,000)			(242,000)
Payment of discount on dividend reinvestment plan	(2,000)		$ (2,000)
Cash dividends declared on preferred stock	(342,000)			(342,000)
Common stock issued under dividend reinvestment plan, shares			5,635
Common stock issued under dividend reinvestment plan	30,000		$ 30,000
Common stock issued under stock plans, shares			4,219
Common stock issued under stock plans	21,000		$ 21,000
Issuance of restricted stock, shares			50,974
Issuance of restricted stock	0		$ 279,000	(279,000)
Amortization of restricted stock, net, shares			(7,062)
Amortization of restricted stock, net	37,000		$ (38,000)	75,000
Tax benefit from restricted stock vesting	3,000		3,000
Amortization of issuance costs	0	5,000		(5,000)
Net income	2,139,000			2,139,000
Other comprehensive income	239,000				239,000
Balance ending at Jun. 30, 2015	60,852,000	14,989,000	$ 41,418,000	5,163,000	(718,000)
Balance ending, shares at Jun. 30, 2015			6,088,699
Balance beginning at Dec. 31, 2015	$ 47,573,000	0	$ 41,410,000	7,008,000	(845,000)
Balance beginning, shares at Dec. 31, 2015	6,085,528		6,085,528
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	$ (305,000)			(305,000)
Payment of discount on dividend reinvestment plan	(2,000)		$ (2,000)
Common stock issued under dividend reinvestment plan, shares			6,700
Common stock issued under dividend reinvestment plan	36,000		$ 36,000
Common stock issued under stock plans, shares			1,761
Common stock issued under stock plans	10,000		$ 10,000
Issuance of restricted stock, shares			34,332
Issuance of restricted stock	0		$ 198,000	(198,000)
Amortization of restricted stock, net, shares			(15,291)
Amortization of restricted stock, net	28,000		$ (86,000)	114,000
Tax benefit from restricted stock vesting	5,000		5,000
Net income	2,353,000
Other comprehensive income	988,000				988,000
Balance ending at Jun. 30, 2016	$ 50,686,000	$ 0	$ 41,571,000	$ 8,972,000	$ 143,000
Balance ending, shares at Jun. 30, 2016	6,113,030		6,113,030

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 2,353,000	$ 2,139,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	185,000	186,000
Amortization of premiums and accretion of discounts, net	285,000	338,000
Amortization of restricted stock	28,000	37,000
Amortization of subordinated debenture issuance costs	33,000	0
Accretion of deferred loan fees	34,000	42,000
Provision for loan losses	(800,000)	(700,000)
Originations of mortgage loans held for sale	(2,825,000)	(5,653,000)
Proceeds from sale of mortgage loans	3,803,000	4,302,000
Gain on sales of mortgage loans	(37,000)	(65,000)
Gain on calls and sales of securities	(56,000)	(152,000)
Gain on sale of other real estate owned	(6,000)	(53,000)
Deferred income tax expense	248,000	210,000
Increase in accrued interest receivable	55,000	88,000
Increase (decrease) in accrued interest payable	(9,000)	58,000
Earnings on bank owned life insurance	(208,000)	(197,000)
Decrease in other assets	339,000	801,000
Decrease in other liabilities	(117,000)	(2,053,000)
Net cash provided by (used in) operating activities	3,305,000	(672,000)
Cash flows from investing activities:
Purchase of securities available-for-sale	(21,288,000)	(57,000)
Proceeds from maturities and principal repayments on securities available-for-sale	6,305,000	6,258,000
Proceeds from sales and calls on securities available-for-sale	11,050,000	27,845,000
Purchase of securities held to maturity	(24,898,000)	(13,182,000)
Proceeds from maturities and principal repayments on securities held to maturity	3,464,000	4,921,000
Proceeds from calls on securities held to maturity	16,570,000	5,100,000
Sale (purchase) of FHLB-NY stock	(42,000)	944,000
Net increase in loans	(11,055,000)	(29,317,000)
Proceeds from sale of other real estate owned	184,000	1,149,000
Purchase of bank owned life insurance	(2,000,000)	0
Additions to premises and equipment	(64,000)	(584,000)
Net cash provided by (used in) investing activities	(21,774,000)	3,077,000
Cash flows from financing activities:
Net increase in noninterest-bearing deposits	12,633,000	16,825,000
Net increase in interest-bearing deposits	9,083,000	12,698,000
Net decrease in short term borrowings	0	(21,700,000)
Cash dividends paid on common stock	(305,000)	(242,000)
Cash dividends paid on preferred stock	0	(342,000)
Payment of discount on dividend reinvestment plan	(2,000)	(2,000)
Issuance of common stock for cash	46,000	51,000
Tax benefit from restricted stock vesting	5,000	3,000
Net cash provided by financing activities	21,460,000	7,291,000
Net increase in cash and cash equivalents	2,991,000	9,696,000
Cash and cash equivalents - beginning	10,910,000	10,086,000
Cash and cash equivalents - ending	13,901,000	19,782,000
Supplemental disclosures of cash flow information:
Cash paid during the period for interest	2,306,000	1,578,000
Cash paid during the period for income taxes	746,000	1,024,000
Transfers from loans to other real estate owned	$ 152,000	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Certain information and note disclosures normally included in the unaudited consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Stewardship Financial Corporation Annual Report on Form 10-K for the fiscal year ended December 31, 2015 , filed with the SEC on March 24, 2016 (the “2015 Annual Report”). The interim unaudited consolidated financial statements included herein have been prepared in accordance with instructions for Form 10-Q and the rules and regulations of the SEC and, therefore, do not include information or footnotes necessary for a complete presentation of consolidated financial condition, results of operations, and cash flows in conformity with GAAP. However, all adjustments, consisting only of normal recurring adjustments, which in the opinion of management are necessary for a fair presentation of the interim consolidated financial statements, have been included. The results of operations for the three and six months ended June 30, 2016 are not necessarily indicative of the results which may be expected for the entire year. Principles of consolidation The consolidated financial statements include the accounts of Stewardship Financial Corporation and its wholly-owned subsidiary, Atlantic Stewardship Bank (the “Bank”), together referred to as “the Corporation”. The Bank includes its wholly-owned subsidiaries, Stewardship Investment Corporation, Stewardship Realty LLC, Atlantic Stewardship Insurance Company, LLC and several other subsidiaries formed to hold title to properties acquired through foreclosure or deed in lieu of foreclosure. The Bank’s subsidiaries have an insignificant impact on the Bank’s daily operations. All intercompany accounts and transactions have been eliminated in the consolidated financial statements. The consolidated financial statements of the Corporation have been prepared in conformity with GAAP. In preparing the consolidated financial statements, management is required to make estimates and assumptions, based on available information, that affect the amounts reported in the consolidated financial statements and disclosures provided. Actual results could differ significantly from those estimates. Material estimates Material estimates that are particularly susceptible to significant changes relate to the determination of the allowance for loan losses and deferred income taxes. Management believes the Corporation’s policies with respect to the methodology for the determination of the allowance for loan losses and the evaluation of deferred income taxes involves a higher degree of complexity and requires management to make difficult and subjective judgments, which often require assumptions or estimates about highly uncertain matters. Changes in these judgments, assumptions or estimates could materially impact results of operations. These critical policies and their application are periodically reviewed with the Audit Committee and the Board of Directors. Adoption of New Accounting Standards In April 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest (Subtopic 835-30) – Simplifying the Presentation of Debt Issuance Costs.” This ASU is part of the FASB’s initiative to reduce complexity in accounting standards. To simplify presentation of debt issuance costs, the amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments in ASU 2015-03 are effective for fiscal years, including interim periods, beginning after December 15, 2015. The adoption of the amendments in this standard did not have a material impact on the Corporation’s consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, "Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Liabilities." This ASU addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This amendment supersedes the guidance to classify equity securities with readily determinable fair values into different categories, requires equity securities to be measured at fair value with changes in the fair value recognized through net income, and simplifies the impairment assessment of equity investments without readily determinable fair values. The amendment requires public business entities that are required to disclose the fair value of financial instruments measured at amortized cost on the balance sheet to measure that fair value using the exit price notion. The amendment requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option. The amendment requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or in the accompanying notes to the financial statements. The amendment reduces diversity in current practice by clarifying that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available for sale securities in combination with the entity’s other deferred tax assets. This amendment is effective for fiscal years, including interim periods, beginning after December 15, 2017. Entities should apply the amendment by means of a cumulative-effect adjustment as of the beginning of the fiscal year of adoption, with the exception of the amendment related to equity securities without readily determinable fair values, which should be applied prospectively to equity investments that exist as of the date of adoption. The Corporation intends to adopt the accounting standard during the first quarter of 2018, and is currently evaluating the impact that the adoption of the guidance will have on the Corporation's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Subtopic 842).” This ASU requires all lessees to recognize a lease liability and a right-of-use asset, measured at the present value of the future minimum lease payments, at the lease commencement date. Lessor accounting remains largely unchanged under the new guidance. The amendments in ASU 2016-02 are effective for fiscal years, including interim periods, beginning after December 15, 2018. Early adoption of ASU 2016-02 is permitted. The Corporation is currently assessing the impact that the adoption of the guidance will have on the Corporation's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The objective of this ASU is to simplify accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Under ASU 2016-09, all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) should be recognized as income tax expense or benefit in the income statement. The tax effects of exercised or vested awards should be treated as discrete items in the reporting period in which they occur. An entity also should recognize excess tax benefits regardless of whether the benefit reduces taxes payable in the current period. An entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest (current accounting) or account for forfeitures when they occur. Within the Cash Flow Statement, excess tax benefits should be classified along with other income tax cash flows as an operating activity, and cash paid by an employer when directly withholding shares for tax-withholding purposes should be classified as a financing activity. The amendments in ASU 2016-09 are effective for fiscal years, including interim periods, beginning after December 15, 2016. Early adoption of ASU 2016-09 is permitted. The Corporation is currently assessing the impact that the adoption of the guidance will have on the Corporation's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The main objective of this ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments by a reporting entity at each reporting date. The amendments in this ASU require financial assets measured at amortized cost to be presented at the net amount expected to be collected. The allowance for credit losses would represent a valuation account that would be deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. The income statement would reflect 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. The measurement of expected credit losses would be based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. An entity will be required to use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. The amendments in ASU 2016-13 are effective for fiscal years, including interim periods, beginning after December 15, 2019. Early adoption of ASU 2016-09 is permitted for fiscal years beginning after December 15, 2018. The Corporation is currently evaluating the potential impact that the adoption of the guidance will have on the Corporation's consolidated financial statements.

Securities - Available-for-Sale

Securities - Available-for-Sale and Held to Maturity	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Securities - Available-for-Sale and Held to Maturity	Securities – Available-for-Sale and Held to Maturity The fair value of the available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows: June 30, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. government-sponsored agencies $ 28,426,000 $ 164,000 $ 20,000 $ 28,570,000 Obligations of state and political subdivisions 1,406,000 26,000 — 1,432,000 Mortgage-backed securities - residential 50,648,000 670,000 32,000 51,286,000 Asset-backed securities (a) 9,291,000 — 205,000 9,086,000 Corporate debt 4,500,000 10,000 85,000 4,425,000 Total debt securities 94,271,000 870,000 342,000 94,799,000 Other equity investments 3,832,000 — 98,000 3,734,000 $ 98,103,000 $ 870,000 $ 440,000 $ 98,533,000 December 31, 2015 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. government-sponsored agencies $ 31,266,000 $ 81,000 $ 393,000 $ 30,954,000 Obligations of state and political subdivisions 1,409,000 2,000 1,000 1,410,000 Mortgage-backed securities - residential 45,520,000 213,000 496,000 45,237,000 Asset-backed securities (a) 9,877,000 — 176,000 9,701,000 Corporate debt 2,500,000 — 81,000 2,419,000 Total debt securities 90,572,000 296,000 1,147,000 89,721,000 Other equity investments 3,778,000 — 145,000 3,633,000 $ 94,350,000 $ 296,000 $ 1,292,000 $ 93,354,000 (a) Collateralized by student loans Cash proceeds realized from sales and calls of securities available-for-sale for the three and six months ended June 30, 2016 were $9,000,000 and $11,050,000 , respectively. There were no cash proceeds realized from sales and calls of securities available-for-sale for the three months ended June 30, 2015 . Cash proceeds realized from sales and calls of securities available-for-sale for the six months ended June 30, 2015 were $27,845,000 . There were gross gains totaling $ 7,000 and no gross losses realized on sales and calls during the three and six months ended June 30, 2016 . While there were no gross gains and no gross losses realized on sales or calls during the three months ended June 30, 2015 , gross gains and gross losses realized on sales and calls during the six months ended June 30, 2015 totaled $213,000 and $61,000 , respectively. The following is a summary of the held to maturity securities and related gross unrealized gains and losses: June 30, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. Treasury $ 999,000 $ 20,000 $ — $ 1,019,000 U.S. government-sponsored agencies 24,129,000 131,000 10,000 24,250,000 Obligations of state and political subdivisions 10,223,000 167,000 — 10,390,000 Mortgage-backed securities - residential 30,315,000 798,000 — 31,113,000 $ 65,666,000 $ 1,116,000 $ 10,000 $ 66,772,000 December 31, 2015 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. Treasury $ 999,000 $ — $ 11,000 $ 988,000 U.S. government-sponsored agencies 15,109,000 132,000 24,000 15,217,000 Obligations of state and political subdivisions 11,219,000 268,000 — 11,487,000 Mortgage-backed securities - residential 33,411,000 295,000 117,000 33,589,000 $ 60,738,000 $ 695,000 $ 152,000 $ 61,281,000 Cash proceeds realized from calls of securities held to maturity for the three and six months ended June 30, 2016 were $10,230,000 and $16,570,000 , respectively. Cash proceeds realized from calls of securities held to maturity for the three and six months ended June 30, 2015 were $2,000,000 and $5,100,000 , respectively. There were gross gains totaling $25,000 and no gross losses realized on calls during the three months ended June 30, 2016 . There were gross gains totaling $49,000 and no gross losses realized on calls during the six months ended June 30, 2016 . There were no gross gains and no gross losses realized on calls during the three and six months ended June 30, 2015 . Mortgage-backed securities are a type of asset-backed security secured by a mortgage or collection of mortgages, purchased by government agencies such as the Government National Mortgage Association and government sponsored agencies such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, which then issue securities that represent claims on the principal and interest payments made by borrowers on the loans in the pool. Issuers may have the right to call or prepay obligations with or without call or prepayment penalties. This might cause actual maturities to differ from the contractual maturities. The following table presents the amortized cost and fair value of the debt securities portfolio by contractual maturity. As issuers may have the right to call or prepay obligations with or without call or prepayment premiums, the actual maturities may differ from contractual maturities. Securities not due at a single maturity date, such as mortgage-backed securities and asset-backed securities, are shown separately. June 30, 2016 Amortized Cost Fair Value Available-for-sale Within one year $ 500,000 $ 502,000 After one year, but within five years 9,778,000 9,798,000 After five years, but within ten years 17,923,000 18,009,000 After ten years 6,131,000 6,118,000 Mortgage-backed securities - residential 50,648,000 51,286,000 Asset-backed securities 9,291,000 9,086,000 Total $ 94,271,000 $ 94,799,000 Held to maturity Within one year $ 3,137,000 $ 3,155,000 After one year, but within five years 8,586,000 8,787,000 After five years, but within ten years 21,676,000 21,716,000 After ten years 1,952,000 2,001,000 Mortgage-backed securities - residential 30,315,000 31,113,000 Total $ 65,666,000 $ 66,772,000 The following tables summarize the fair value and unrealized losses of those investment securities which reported an unrealized loss at June 30, 2016 and December 31, 2015 , and if the unrealized loss position was continuous for the twelve months prior to June 30, 2016 and December 31, 2015 . Available-for-Sale June 30, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. government- sponsored agencies $ 1,994,000 $ (8,000 ) $ 6,118,000 $ (12,000 ) $ 8,112,000 $ (20,000 ) Obligations of state and political subdivisions — — — — — — Mortgage-backed securities - residential 6,094,000 (11,000 ) 3,888,000 (21,000 ) 9,982,000 (32,000 ) Asset-backed securities 6,197,000 (69,000 ) 2,889,000 (136,000 ) 9,086,000 (205,000 ) Corporate debt 999,000 (1,000 ) 1,416,000 (84,000 ) 2,415,000 (85,000 ) Other equity investments — — 3,674,000 (98,000 ) 3,674,000 (98,000 ) Total temporarily impaired securities $ 15,284,000 $ (89,000 ) $ 17,985,000 $ (351,000 ) $ 33,269,000 $ (440,000 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. government- sponsored agencies $ 18,396,000 $ (183,000 ) $ 7,296,000 $ (210,000 ) $ 25,692,000 $ (393,000 ) Obligations of state and political subdivisions 984,000 (1,000 ) — — 984,000 (1,000 ) Mortgage-backed securities - residential 8,599,000 (69,000 ) 16,278,000 (427,000 ) 24,877,000 (496,000 ) Asset-backed securities 6,791,000 (56,000 ) 2,910,000 (120,000 ) 9,701,000 (176,000 ) Corporate debt — — 1,419,000 (81,000 ) 1,419,000 (81,000 ) Other equity investments — — 3,573,000 (145,000 ) 3,573,000 (145,000 ) Total temporarily impaired securities $ 34,770,000 $ (309,000 ) $ 31,476,000 $ (983,000 ) $ 66,246,000 $ (1,292,000 ) Held to Maturity June 30, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Treasury $ — $ — $ — $ — $ — $ — U.S. government- sponsored agencies 1,891,000 (10,000 ) — — 1,891,000 (10,000 ) Mortgage-backed securities - residential — — — — — — Total temporarily impaired securities $ 1,891,000 $ (10,000 ) $ — $ — $ 1,891,000 $ (10,000 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Treasury $ 988,000 $ (11,000 ) $ — $ — $ 988,000 $ (11,000 ) U.S. government- sponsored agencies 4,955,000 (24,000 ) — — 4,955,000 (24,000 ) Mortgage-backed securities - residential 15,183,000 (90,000 ) 1,066,000 (27,000 ) 16,249,000 (117,000 ) Total temporarily impaired securities $ 21,126,000 $ (125,000 ) $ 1,066,000 $ (27,000 ) $ 22,192,000 $ (152,000 ) Other-Than-Temporary-Impairment At June 30, 2016 , there were available-for-sale investments comprising three U.S. government-sponsored agency securities, five mortgage-backed securities, one asset-backed security, two corporate debt securities, and one other equity investments security in a continuous loss position for twelve months or longer. Management has assessed the securities that were in an unrealized loss position at June 30, 2016 and December 31, 2015 and has determined that any decline in fair value below amortized cost primarily relates to changes in interest rates and market spreads and was temporary. In making this determination management considered the following factors in estimating the cash flows expected to be collected from the security: the period of time the securities were in an unrealized loss position; the percentage decline in comparison to the securities’ amortized cost; any adverse conditions specifically related to the security, an industry or a geographic area; the rating or changes to the rating by a credit rating agency; the financial condition of the issuer and guarantor and any recoveries or additional declines in fair value subsequent to the balance sheet date. Management expects to collect all amounts contractually due and none of the debt securities can be prepaid at less than the par values. Management does not intend to sell these securities in an unrealized loss position and it is not more likely than not that we will be required to sell these securities before the recovery of their amortized cost bases, which may be at maturity.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses At June 30, 2016 and December 31, 2015 , respectively, the loan portfolio consisted of the following: June 30, December 31, Commercial: Secured by real estate $ 35,632,000 $ 37,993,000 Other 36,388,000 26,867,000 Commercial real estate 337,660,000 334,489,000 Commercial construction 7,097,000 4,609,000 Residential real estate 79,661,000 82,955,000 Consumer: Secured by real estate 29,876,000 29,224,000 Other 522,000 580,000 Government Guaranteed Loans - guaranteed portion 10,734,000 9,626,000 Other 68,000 134,000 Total gross loans 537,638,000 526,477,000 Less: Deferred loan costs (fees), net 25,000 98,000 Allowance for loan losses 8,388,000 8,823,000 8,413,000 8,921,000 Loans, net $ 529,225,000 $ 517,556,000 The Corporation has purchased the guaranteed portion of several government guaranteed loans. Due to the guarantee of the principal amount of these loans, no allowance for loan losses is established for these government guaranteed loans. At June 30, 2016 and December 31, 2015 , loan participations sold by the Corporation to other lending institutions totaled approximately $8,749,000 and $8,527,000 , respectively. These amounts are not included in the totals presented above. Activity in the allowance for loan losses is summarized as follows: For the three months ended June 30, 2016 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,720,000 $ (386,000 ) $ (1,000 ) $ 340,000 $ 3,673,000 Commercial real estate 4,413,000 (156,000 ) (64,000 ) 31,000 4,224,000 Commercial construction 112,000 72,000 — — 184,000 Residential real estate 106,000 — — — 106,000 Consumer 119,000 19,000 (7,000 ) 1,000 132,000 Other loans 1,000 1,000 (2,000 ) — — Unallocated 69,000 — — — 69,000 Total $ 8,540,000 $ (450,000 ) $ (74,000 ) $ 372,000 $ 8,388,000 For the six months ended June 30, 2016 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,698,000 $ (402,000 ) $ (3,000 ) $ 380,000 $ 3,673,000 Commercial real estate 4,660,000 (431,000 ) (64,000 ) 59,000 4,224,000 Commercial construction 114,000 70,000 — — 184,000 Residential real estate 109,000 (3,000 ) — — 106,000 Consumer 118,000 19,000 (7,000 ) 2,000 132,000 Other loans 3,000 (1,000 ) (2,000 ) — — Unallocated 121,000 (52,000 ) — — 69,000 Total $ 8,823,000 $ (800,000 ) $ (76,000 ) $ 441,000 $ 8,388,000 For the three months ended June 30, 2015 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,703,000 $ (503,000 ) $ (1,000 ) $ 118,000 $ 3,317,000 Commercial real estate 5,116,000 99,000 — 74,000 5,289,000 Commercial construction 106,000 (200,000 ) — 108,000 14,000 Residential real estate 146,000 (6,000 ) — — 140,000 Consumer 151,000 (13,000 ) — 1,000 139,000 Other loans — 4,000 (1,000 ) — 3,000 Unallocated 378,000 19,000 — — 397,000 Total $ 9,600,000 $ (600,000 ) $ (2,000 ) $ 301,000 $ 9,299,000 For the six months ended June 30, 2015 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,704,000 $ (341,000 ) $ (272,000 ) $ 226,000 $ 3,317,000 Commercial real estate 5,017,000 171,000 — 101,000 5,289,000 Commercial construction 150,000 (477,000 ) — 341,000 14,000 Residential real estate 142,000 (2,000 ) — — 140,000 Consumer 189,000 (52,000 ) — 2,000 139,000 Other loans 2,000 2,000 (1,000 ) — 3,000 Unallocated 398,000 (1,000 ) — — 397,000 Total $ 9,602,000 $ (700,000 ) $ (273,000 ) $ 670,000 $ 9,299,000 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of June 30, 2016 and December 31, 2015 . June 30, 2016 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 79,000 $ 613,000 $ — $ — $ — $ — $ — $ — $ 692,000 Collectively evaluated for impairment 3,594,000 3,611,000 184,000 106,000 132,000 — — 69,000 7,696,000 Total ending allowance balance $ 3,673,000 $ 4,224,000 $ 184,000 $ 106,000 $ 132,000 $ — $ — $ 69,000 $ 8,388,000 Loans: Loans individually evaluated for impairment $ 2,331,000 $ 6,768,000 $ — $ — $ 81,000 $ — $ — $ — $ 9,180,000 Loans collectively evaluated for impairment 69,689,000 330,892,000 7,097,000 79,661,000 30,317,000 10,734,000 68,000 — 528,458,000 Total ending loan balance $ 72,020,000 $ 337,660,000 $ 7,097,000 $ 79,661,000 $ 30,398,000 $ 10,734,000 $ 68,000 $ — $ 537,638,000 December 31, 2015 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 81,000 $ 638,000 $ — $ — $ — $ — $ — $ — $ 719,000 Collectively evaluated for impairment 3,617,000 4,022,000 114,000 109,000 118,000 — 3,000 121,000 8,104,000 Total ending allowance balance $ 3,698,000 $ 4,660,000 $ 114,000 $ 109,000 $ 118,000 $ — $ 3,000 $ 121,000 $ 8,823,000 Loans: Loans individually evaluated for impairment $ 3,348,000 $ 8,113,000 $ — $ — $ 84,000 $ — $ — $ — $ 11,545,000 Loans collectively evaluated for impairment 61,512,000 326,376,000 4,609,000 82,955,000 29,720,000 9,626,000 134,000 — 514,932,000 Total ending loan balance $ 64,860,000 $ 334,489,000 $ 4,609,000 $ 82,955,000 $ 29,804,000 $ 9,626,000 $ 134,000 $ — $ 526,477,000 The following table presents the recorded investment in nonaccrual loans at the dates indicated: June 30, December 31, Commercial: Secured by real estate $ 616,000 $ 1,300,000 Other — 14,000 Commercial real estate 252,000 484,000 Consumer: Secured by real estate 81,000 84,000 Total nonaccrual loans $ 949,000 $ 1,882,000 At June 30, 2016 and December 31, 2015 , there were no loans that were past due 90 days and still accruing. The following table presents loans individually evaluated for impairment by class of loan at and for the periods indicated: At and for the six months ended June 30, 2016 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Secured by real estate $ 2,073,000 $ 1,853,000 $ 2,310,000 $ 47,000 Other — — 46,000 — Commercial real estate 3,824,000 3,563,000 3,197,000 112,000 Consumer: Secured by real estate 82,000 81,000 83,000 — With an allowance recorded: Commercial: Secured by real estate 190,000 190,000 $ 68,000 230,000 4,000 Other 288,000 288,000 11,000 256,000 10,000 Commercial real estate 3,205,000 3,205,000 613,000 4,726,000 66,000 $ 9,662,000 $ 9,180,000 $ 692,000 $ 10,848,000 $ 239,000 During the three and six months ended June 30, 2016 , no interest income was recognized on a cash basis. At and for the year ended December 31, 2015 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Secured by real estate $ 3,244,000 $ 2,729,000 $ 3,683,000 $ 156,000 Other 137,000 137,000 61,000 2,000 Commercial real estate 3,245,000 2,885,000 2,890,000 121,000 Commercial construction — — 215,000 — Residential real estate — — 74,000 — Consumer: Secured by real estate 84,000 84,000 226,000 — With an allowance recorded: Commercial: Secured by real estate 390,000 308,000 $ 80,000 405,000 14,000 Other 174,000 174,000 1,000 463,000 31,000 Commercial real estate 5,228,000 5,228,000 638,000 5,534,000 211,000 $ 12,502,000 $ 11,545,000 $ 719,000 $ 13,551,000 $ 535,000 During the year ended December 31, 2015 , no interest income was recognized on a cash basis. The following table presents the aging of the recorded investment in past due loans by class of loans as of June 30, 2016 and December 31, 2015 . Nonaccrual loans are included in the disclosure by payment status. June 30, 2016 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Total Commercial: Secured by real estate $ — $ — $ 616,000 $ 616,000 $ 35,016,000 $ 35,632,000 Other — — — — 36,388,000 36,388,000 Commercial real estate — — 252,000 252,000 337,408,000 337,660,000 Commercial construction — — — — 7,097,000 7,097,000 Residential real estate — — — — 79,661,000 79,661,000 Consumer: Secured by real estate 162,000 — 41,000 203,000 29,673,000 29,876,000 Other — — — — 522,000 522,000 Government Guaranteed — — — — 10,734,000 10,734,000 Other — — — — 68,000 68,000 Total $ 162,000 $ — $ 909,000 $ 1,071,000 $ 536,567,000 $ 537,638,000 December 31, 2015 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Total Commercial: Secured by real estate $ — $ — $ 1,011,000 $ 1,011,000 $ 36,982,000 $ 37,993,000 Other — — — — 26,867,000 26,867,000 Commercial real estate 271,000 — — 271,000 334,218,000 334,489,000 Commercial construction — — — — 4,609,000 4,609,000 Residential real estate — — — — 82,955,000 82,955,000 Consumer: Secured by real estate 112,000 — 41,000 153,000 29,071,000 29,224,000 Other — — — — 580,000 580,000 Government Guaranteed — — — — 9,626,000 9,626,000 Other — — — — 134,000 134,000 Total $ 383,000 $ — $ 1,052,000 $ 1,435,000 $ 525,042,000 $ 526,477,000 Troubled Debt Restructurings In order to determine whether a borrower is experiencing financial difficulty necessitating a restructuring, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Corporation’s internal underwriting policy. A loan is considered to be in payment default once it is contractually 90 days past due under the modified terms. At June 30, 2016 and December 31, 2015 , the Corporation had $8.5 million and $10.2 million , respectively, of loans whose terms have been modified in troubled debt restructurings. Of these loans, $8.2 million and $9.7 million were performing in accordance with their new terms at June 30, 2016 and December 31, 2015 , respectively. The remaining troubled debt restructurings are reported as nonaccrual loans. Specific reserves of $692,000 and $708,000 have been allocated for the troubled debt restructurings at June 30, 2016 and December 31, 2015 , respectively. As of June 30, 2016 and December 31, 2015 , the Corporation has committed $138,000 of additional funds to a single customer with an outstanding line of credit that is classified as a troubled debt restructuring. There are no troubled debt restructurings for which there was a payment default within twelve months following the modification. There were no new loans classified as a troubled debt restructuring during the three and six months ended June 30, 2016 or June 30, 2015 . Credit Quality Indicators The Corporation categorizes certain loans into risk categories based on relevant information about the ability of the borrowers to service their debt, such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Corporation analyzes loans individually by classifying the loans as to credit risk. This analysis includes non-homogeneous loans, such as commercial, commercial real estate and commercial construction loans. This analysis is performed at the time the loan is originated and annually thereafter. The Corporation uses the following definitions for risk ratings. Special Mention – A Special Mention asset has potential weaknesses that deserve management’s close attention, which, if left uncorrected, may result in deterioration of the repayment prospects for the asset or the Bank’s credit position at some future date. Special Mention assets are not adversely classified and do not expose the Bank to sufficient risk to warrant adverse classification. Substandard – Substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or by the collateral pledged, if any. Loans so classified must have a well-defined weakness or weaknesses that jeopardize the repayment and liquidation of the debt. These loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Doubtful – A Doubtful loan has all of the weaknesses inherent in those classified as Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions, and values, highly questionable or improbable. The likelihood of loss is extremely high, but because of certain important and reasonably specific factors, an estimated loss is deferred until a more exact status can be determined. Loss – A loan classified Loss is considered uncollectible and of such little value that its continuance as an asset is not warranted. This classification does not necessarily mean that an asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off a basically worthless asset even though partial recovery may be effected in the future. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. As of June 30, 2016 and December 31, 2015 , and based on the most recent analysis performed at those times, the risk category of loans by class is as follows: June 30, 2016 Pass Special Mention Substandard Doubtful Loss Total Commercial: Secured by real estate $ 33,663,000 $ 1,353,000 $ 616,000 $ — $ — $ 35,632,000 Other 35,309,000 720,000 359,000 — — 36,388,000 Commercial real estate 329,959,000 4,245,000 3,456,000 — — 337,660,000 Commercial construction 7,097,000 — — — — 7,097,000 Total $ 406,028,000 $ 6,318,000 $ 4,431,000 $ — $ — $ 416,777,000 December 31, 2015 Pass Special Mention Substandard Doubtful Loss Total Commercial: Secured by real estate $ 35,263,000 $ 1,431,000 $ 1,299,000 $ — $ — $ 37,993,000 Other 25,725,000 745,000 397,000 — — 26,867,000 Commercial real estate 326,737,000 4,034,000 3,718,000 — — 334,489,000 Commercial construction 4,609,000 — — — — 4,609,000 Total $ 392,334,000 $ 6,210,000 $ 5,414,000 $ — $ — $ 403,958,000 The Corporation considers the performance of the loan portfolio and its impact on the allowance for loans losses. For residential real estate and consumer loan segments, the Corporation also evaluates credit quality based on payment activity. The following table presents the recorded investment in residential real estate and consumer loans based on payment activity as of June 30, 2016 and December 31, 2015 . June 30, 2016 Current Past Due and Nonaccrual Total Residential real estate $ 79,448,000 $ 213,000 $ 79,661,000 Consumer: Secured by real estate 28,879,000 997,000 29,876,000 Other 519,000 3,000 522,000 Total $ 108,846,000 $ 1,213,000 $ 110,059,000 December 31, 2015 Current Past Due and Nonaccrual Total Residential real estate $ 82,415,000 $ 540,000 $ 82,955,000 Consumer: Secured by real estate 27,730,000 1,494,000 29,224,000 Other 578,000 2,000 580,000 Total $ 110,723,000 $ 2,036,000 $ 112,759,000

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair value: 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 reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The fair values of investment securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values of investment securities are determined by matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). As the Corporation is responsible for the determination of fair value, it performs quarterly analyses on the prices received from the pricing service to determine whether the prices are reasonable estimates of fair value. Specifically, the Corporation compares the prices received from the pricing service to a secondary pricing source. The Corporation’s internal price verification procedures have not historically resulted in adjustment in the prices obtained from the pricing service. The interest rate swaps are reported at fair values obtained from brokers who utilize internal models with observable market data inputs to estimate the values of these instruments (Level 2 inputs). The Corporation measures impairment of collateralized loans and other real estate owned (“OREO”) based on the estimated fair value of the collateral less estimated costs to sell the collateral, incorporating assumptions that experienced parties might use in estimating the value of such collateral (Level 3 inputs). At the time a loan or OREO is considered impaired, it is valued at the lower of cost or fair value. Generally, impaired loans carried at fair value have been partially charged-off or receive specific allocations of the allowance for loan losses. OREO is initially recorded at fair value less estimated selling costs. For collateral dependent loans and OREO, fair value is commonly based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, the net book value recorded for the collateral on the borrower’s financial statements, or aging reports. Collateral is then adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the borrower and borrower’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Appraisals are generally obtained to support the fair value of collateral. Appraisals for both collateral-dependent impaired loans and OREO are performed by licensed appraisers whose qualifications and licenses have been reviewed and verified by the Corporation. The Corporation utilizes a third party to order appraisals and, once received, reviews the assumptions and approaches utilized in the appraisal as well as the resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. In addition, appraisers may make adjustments to the sales price of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management generally applies a 12% discount to real estate appraised values to cover disposition / selling costs and to reflect the potential price reductions in the market necessary to complete an expedient transaction and to factor in the impact of the perception that a transaction being completed by a bank may result in further price reduction pressure. Assets and Liabilities Measured on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2016 Assets: Available-for-sale securities U.S. government - sponsored agencies $ 28,570,000 $ — $ 28,570,000 $ — Obligations of state and political subdivisions 1,432,000 — 1,432,000 — Mortgage-backed securities - residential 51,286,000 — 51,286,000 — Asset-backed securities 9,086,000 — 9,086,000 — Corporate debt 4,425,000 — 4,425,000 — Other equity investments 3,734,000 3,674,000 60,000 — Total available-for-sale securities $ 98,533,000 $ 3,674,000 $ 94,859,000 $ — Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At December 31, 2015 Assets: Available-for-sale securities U.S. government - sponsored agencies $ 30,954,000 $ — $ 30,954,000 $ — Obligations of state and political subdivisions 1,410,000 — 1,410,000 — Mortgage-backed securities - residential 45,237,000 — 45,237,000 — Asset-backed securities 9,701,000 — 9,701,000 — Corporate debt 2,419,000 — 2,419,000 — Other equity investments 3,633,000 3,573,000 60,000 — Total available-for-sale securities $ 93,354,000 $ 3,573,000 $ 89,781,000 $ — Liabilities: Interest rate swap $ 62,000 $ — $ 62,000 $ — There were no transfers of assets between Level 1 and Level 2 during the six months ended June 30, 2016 or during the year ended December 31, 2015 . There were no changes to the valuation techniques for fair value measurements as of June 30, 2016 and December 31, 2015 . Assets and Liabilities Measured on a Non-Recurring Basis Assets and liabilities measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2016 Assets: Impaired loans Commercial: Secured by real estate $ 252,000 $ — $ — $ 252,000 Other Real Estate Owned 431,000 — — 431,000 $ 683,000 $ — $ — $ 683,000 Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At December 31, 2015 Assets: Impaired loans Commercial: Secured by real estate $ 367,000 $ — $ — $ 367,000 Consumer Secured by real estate 84,000 — — 84,000 Other Real Estate Owned 880,000 — — 880,000 $ 1,331,000 $ — $ — $ 1,331,000 Collateral-dependent impaired loans measured for impairment using the fair value of the collateral had a recorded investment value of $252,000 , with no valuation allowance, resulting in no change to the provision for loan losses for the six months ended June 30, 2016 . Collateral-dependent impaired loans measured for impairment using the fair value of the collateral had a recorded investment value of $461,000 , with a valuation allowance of $10,000 , resulting in an increase of the allocation for loan losses of $16,000 for the year ended December 31, 2015 . OREO, measured at fair value, had a recorded investment value of $451,000 with a $20,000 valuation allowance at June 30, 2016 . At December 31, 2015 , OREO had a recorded investment value of $880,000 with no valuation allowance. Additional valuation allowances of $20,000 were recorded during the six months ended June 30, 2016 . There were $ 60,000 additional valuation allowances recorded during the six months ended June 30, 2015 . For the Level 3 assets measured at fair value on a non-recurring basis at June 30, 2016 and December 31, 2015 , the significant unobservable inputs used in the fair value measurements were as follows: June 30, 2016 Fair Assets Value Valuation Technique Unobservable Inputs Range Impaired loans $ 252,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 0% - 5% Estimated selling costs. 7% Other real estate owned $ 431,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 0% - 7% Estimated selling costs. 7% December 31, 2015 Fair Assets Value Valuation Technique Unobservable Inputs Range Impaired loans $ 451,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 5% - 9% Estimated selling costs. 7% Other real estate owned $ 990,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 0% Estimated selling costs. 7% Fair value estimates for the Corporation’s financial instruments are summarized below: Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2016 Financial assets: Cash and cash equivalents $ 13,901,000 $ 13,901,000 $ — $ — Securities available-for-sale 98,533,000 3,674,000 94,859,000 — Securities held to maturity 65,666,000 — 65,666,000 — FHLB-NY stock 2,651,000 N/A N/A N/A Mortgage loans held for sale 581,000 — — 581,000 Loans, net 529,225,000 — — 539,764,000 Accrued interest receivable 1,912,000 1,000 524,000 1,387,000 Financial liabilities: Deposits 626,469,000 483,034,000 144,244,000 — FHLB-NY advances 40,000,000 — 40,291,000 — Subordinated debentures and subordinated notes 23,219,000 — — 23,240,000 Accrued interest payable 782,000 1,000 398,000 383,000 Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2015 Financial assets: Cash and cash equivalents $ 10,910,000 $ 10,910,000 $ — $ — Securities available-for-sale 93,354,000 3,573,000 89,781,000 — Securities held to maturity 60,738,000 — 61,281,000 — FHLB-NY stock 2,608,000 N/A N/A N/A Mortgage loans held for sale 1,522,000 — — 1,522,000 Loans, net 517,556,000 — — 527,479,000 Accrued interest receivable 1,967,000 1,000 535,000 1,432,000 Financial liabilities: Deposits 604,753,000 459,327,000 145,560,000 — FHLB-NY advances 40,000,000 — 40,222,000 — Subordinated debentures and subordinated notes 23,186,000 — — 23,206,000 Accrued interest payable 791,000 1,000 387,000 403,000 Interest rate swap 62,000 — 62,000 — The following methods and assumptions were used to estimate the fair value of each class of financial instrument: Cash and cash equivalents – The carrying amount approximates fair value and is classified as Level 1. Securities available-for-sale and held to maturity – The methods for determining fair values were described previously. FHLB-NY stock - It is not practicable to determine the fair value of FHLB-NY stock due to restrictions placed on the transferability of the stock. Mortgage loans held for sale – Loans in this category have been committed for sale to third party investors at the current carrying amount resulting in a Level 3 classification. Loans, net – Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as residential and commercial mortgages, commercial and other installment loans. The fair value of loans is estimated by discounting cash flows using estimated market discount rates which reflect the credit and interest rate risk inherent in the loans resulting in a Level 3 classification. Fair values estimated in this manner do not fully incorporate an exit-price approach to fair value, but instead are based on a comparison to current market rates for comparable loans. Accrued interest receivable – The carrying amount approximates fair value. Deposits – The fair value of deposits, with no stated maturity, such as noninterest-bearing demand deposits, savings, NOW and money market accounts, is equal to the amount payable on demand resulting in a Level 1 classification. The fair value of certificates of deposit is based on the discounted value of cash flows resulting in a Level 2 classification. The discount rate is estimated using market discount rates which reflect interest rate risk inherent in the certificates of deposit. Fair values estimated in this manner do not fully incorporate an exit-price approach to fair value, but instead are based on a comparison to current market rates for comparable deposits. FHLB-NY advances – With respect to FHLB-NY borrowings, the fair value is based on the discounted value of cash flows. The discount rate is estimated using market discount rates which reflect the interest rate risk and credit risk inherent in the term borrowings resulting in a Level 2 classification. Subordinated debentures and subordinated notes – The fair value of the Subordinated Debentures (see Note 6) and the Subordinated Notes (see Note 6) is based on the discounted value of the cash flows. The discount rate is estimated using market rates which reflect the interest rate and credit risk inherent in the Subordinated Debentures and the Subordinated Notes resulting in a Level 3 classification. Accrued interest payable – The carrying amount approximates fair value. Interest rate swap – The fair value of derivatives, which is included in Accrued Expenses and Other Liabilities on the Consolidated Statements of Financial Condition, are based on valuation models using observable market data as of the measurement date (Level 2). Commitments to extend credit – The fair value of commitments is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present credit worthiness of the counter parties. At June 30, 2016 and December 31, 2015 the fair value of such commitments were not material. Limitations The preceding fair value estimates were made at June 30, 2016 and December 31, 2015 based on pertinent market data and relevant information concerning the financial instruments. These estimates do not include any premiums or discounts that could result from an offer to sell at one time the Corporation's entire holdings of a particular financial instrument or category thereof. Since no market exists for a substantial portion of the Corporation's financial instruments, fair value estimates were necessarily based on judgments with respect to future expected loss experience, current economic conditions, risk assessments of various financial instruments, and other factors. Given the subjective nature of these estimates, the uncertainties surrounding them and the matters of significant judgment that must be applied, these fair value estimates cannot be calculated with precision. Modifications in such assumptions could meaningfully alter these estimates. Since these fair value approximations were made solely for on- and off-balance sheet financial instruments at June 30, 2016 and December 31, 2015 , no attempt was made to estimate the value of anticipated future business. Furthermore, certain tax implications related to the realization of unrealized gains and losses could have a substantial impact on these fair value estimates and have not been incorporated into the estimates.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Common stock equivalents are not included in the calculation. Diluted earnings per share is computed similar to that of basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if all potential dilutive common shares were issued. The following reconciles the income available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings per share. Three Months Ended Six Months Ended June 30, 2016 2015 2016 2015 Net income $ 1,362,000 $ 1,222,000 $ 2,353,000 $ 2,139,000 Dividends on preferred stock — 171,000 — 342,000 Net income available to common stockholders $ 1,362,000 $ 1,051,000 $ 2,353,000 $ 1,797,000 Weighted average common shares outstanding - basic 6,111,729 6,086,474 6,102,040 6,066,191 Effect of dilutive securities - stock options N/A N/A N/A N/A Weighted average common shares outstanding - diluted 6,111,729 6,086,474 6,102,040 6,066,191 Basic earnings per common share $ 0.22 $ 0.17 $ 0.39 $ 0.30 Diluted earnings per common share $ 0.22 $ 0.17 $ 0.39 $ 0.30 There were no stock options to purchase shares of common stock for the three and six months ended June 30, 2016 and 2015 .

Subordinated Debt

Subordinated Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Subordinated Debt	Subordinated Debt Carrying Amount Issue Maturity Rate June 30, December 31, 9/17/2003 9/17/2033 Fixed / Floating Rate Junior Subordinated Debentures $ 7,217,000 $ 7,217,000 8/28/2015 8/25/2025 Fixed Rate Subordinated Notes 16,002,000 15,969,000 $ 23,219,000 $ 23,186,000 In 2003, the Corporation formed Stewardship Statutory Trust I (the “Trust”), a statutory business trust, which on September 17, 2003 issued $7.0 million Fixed/Floating Rate Capital Securities (“Capital Securities”). The Trust used the proceeds to purchase from the Corporation, $7,217,000 of Fixed/Floating Rate Junior Subordinated Deferrable Interest Debentures (the “Subordinated Debentures”) maturing September 17, 2033. The Trust is obligated to distribute all proceeds of a redemption whether voluntary or upon maturity, to holders of the Capital Securities. The Corporation’s obligation with respect to the Capital Securities, and the Debentures, when taken together, provide a full and unconditional guarantee on a subordinated basis by the Corporation of the Trust’s obligations to pay amounts when due on the Capital Securities. The Corporation is not considered the primary beneficiary of this Trust (variable interest entity); therefore, the Trust is not consolidated in the Corporation’s consolidated financial statements, but rather the Subordinated Debentures are shown as a liability. Prior to September 17, 2008 , the Capital Securities and the Subordinated Debentures both had a fixed interest rate of 6.75% . Beginning September 17, 2008, the rate floats quarterly at a rate of three month LIBOR plus 2.95% . At June 30, 2016 and December 31, 2015 , the rate on both the Capital Securities and the Subordinated Debentures was 3.61% and 3.48% , respectively. The Corporation has the right to defer payments of interest on the Subordinated Debentures by extending the interest payment period for up to 20 consecutive quarterly periods. The Subordinated Debentures may be included in Tier 1 capital (with certain limitations applicable) under current regulatory guidelines and interpretations. On August 28, 2015 , the Corporation completed a private placement of $16.6 million in aggregate principal amount of fixed rate subordinated notes (the “Subordinated Notes”) to certain institutional accredited investors pursuant to a Subordinated Note Purchase Agreement dated August 28, 2015 between the Corporation and such investors. The Subordinated Notes have a maturity date of August 28, 2025 and bear interest at the rate of 6.75% per annum, payable semi-annually, in arrears, on March 1 and September 1 of each year during the time that the Subordinated Notes remain outstanding. The Subordinated Notes include a right of prepayment, without penalty, on or after August 28, 2020 and, in certain limited circumstances, before that date. The indebtedness evidenced by the Subordinated Notes, including principal and interest, is unsecured and subordinate and junior in right of the Company's payment to general and secured creditors and depositors of the Bank. The Subordinated Notes have been structured to qualify as Tier 2 capital for regulatory purposes. The Subordinated Notes totaled $16.0 million at June 30, 2016 , which includes $598,000 of remaining unamortized debt issuance costs. The debt issuance costs are being amortized over the contractual life of the issue. The net cash proceeds of the Subordinated Notes were used to redeem on September 1, 2015, the Corporation’s Senior Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Shares”). The Series B Preferred Shares were issued by the Corporation to the U.S. Department of the Treasury (the “Treasury) on September 1, 2011 in connection with the Corporation’s participation in the Treasury’s Small Business Lending Fund program (“SBLF”), a $30 million fund established under the Small Business Jobs Act of 2010 to encourage small business lending by providing capital to qualified community banks with assets of less than $10 billion.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income The components of comprehensive income, both gross and net of tax, are presented for the periods below: Three Months Ended June 30, 2016 2015 Gross Tax Net Gross Tax Net Net income $ 2,138,000 $ (776,000 ) $ 1,362,000 $ 1,895,000 $ (673,000 ) $ 1,222,000 Other comprehensive (loss) income: Change in unrealized holding gains (losses) on securities available-for-sale 395,000 (151,000 ) 244,000 (525,000 ) 200,000 (325,000 ) Reclassification adjustment for gains in net income (32,000 ) 12,000 (20,000 ) — — — Accretion of loss on securities reclassified to held to maturity 41,000 (16,000 ) 25,000 56,000 (22,000 ) 34,000 Change in fair value of interest rate swap — — — 62,000 (25,000 ) 37,000 Total other comprehensive income (loss) 404,000 (155,000 ) 249,000 (407,000 ) 153,000 (254,000 ) Total comprehensive income $ 2,542,000 $ (931,000 ) $ 1,611,000 $ 1,488,000 $ (520,000 ) $ 968,000 Six Months Ended June 30, 2016 2015 Gross Tax Net Gross Tax Net Net income $ 3,681,000 $ (1,328,000 ) $ 2,353,000 $ 3,265,000 $ (1,126,000 ) $ 2,139,000 Other comprehensive (loss) income: Change in unrealized holding gains (losses) on securities available-for-sale 1,482,000 (566,000 ) 916,000 226,000 (88,000 ) 138,000 Reclassification adjustment for gains in net income (56,000 ) 21,000 (35,000 ) (152,000 ) 61,000 (91,000 ) Accretion of loss on securities reclassified to held to maturity 113,000 (43,000 ) 70,000 195,000 (74,000 ) 121,000 Change in fair value of interest rate swap 62,000 (25,000 ) 37,000 119,000 (48,000 ) 71,000 Total other comprehensive income (loss) 1,601,000 (613,000 ) 988,000 388,000 (149,000 ) 239,000 Total comprehensive income $ 5,282,000 $ (1,941,000 ) $ 3,341,000 $ 3,653,000 $ (1,275,000 ) $ 2,378,000 The following tables present the after-tax changes in the balances of each component of accumulated other comprehensive income for the three and six months ended June 30, 2016 and 2015 . Three Months Ended June 30, 2016 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at March 31, 2016 $ 47,000 $ (153,000 ) $ — $ (106,000 ) Other comprehensive income before reclassifications 244,000 25,000 — 269,000 Amounts reclassified from other comprehensive income (20,000 ) — — (20,000 ) Other comprehensive income 224,000 25,000 — 249,000 Balance at June 30, 2016 $ 271,000 $ (128,000 ) $ — $ 143,000 Six Months Ended June 30, 2016 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2015 $ (610,000 ) $ (198,000 ) $ (37,000 ) $ (845,000 ) Other comprehensive income before reclassifications 916,000 70,000 37,000 1,023,000 Amounts reclassified from other comprehensive income (35,000 ) — — (35,000 ) Other comprehensive income, net 881,000 70,000 37,000 988,000 Balance at June 30, 2016 $ 271,000 $ (128,000 ) $ — $ 143,000 Three Months Ended June 30, 2015 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at March 31, 2015 $ (20,000 ) $ (290,000 ) $ (154,000 ) $ (464,000 ) Other comprehensive income (loss) before reclassifications (325,000 ) 34,000 37,000 (254,000 ) Amounts reclassified from other comprehensive income — — — — Other comprehensive income (loss), net (325,000 ) 34,000 37,000 (254,000 ) Balance at June 30, 2015 $ (345,000 ) $ (256,000 ) $ (117,000 ) $ (718,000 ) Six Months Ended June 30, 2015 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2014 $ (392,000 ) $ (377,000 ) $ (188,000 ) $ (957,000 ) Other comprehensive income before reclassifications 138,000 121,000 71,000 330,000 Amounts reclassified from other comprehensive income (91,000 ) — — (91,000 ) Other comprehensive income, net 47,000 121,000 71,000 239,000 Balance at June 30, 2015 $ (345,000 ) $ (256,000 ) $ (117,000 ) $ (718,000 ) The following tables present amounts reclassified from each component of accumulated other comprehensive income on a gross and net of tax basis for the three and six months ended June 30, 2016 and 2015 . Three Months Ended Income Components of Accumulated Other June 30, Statement Comprehensive Income 2016 2015 Line Item Unrealized gains on AFS securities before tax $ 32,000 $ — Gains on securities transactions, net Tax effect (12,000 ) — Total net of tax 20,000 — Total reclassifications, net of tax $ 20,000 $ — Six Months Ended Income Components of Accumulated Other June 30, Statement Comprehensive Income 2016 2015 Line Item Unrealized gains on AFS securities before tax $ 56,000 $ 152,000 Gains on securities transactions, net Tax effect (21,000 ) (61,000 ) Total net of tax 35,000 91,000 Total reclassifications, net of tax $ 35,000 $ 91,000

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of presentation	Certain information and note disclosures normally included in the unaudited consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Stewardship Financial Corporation Annual Report on Form 10-K for the fiscal year ended December 31, 2015 , filed with the SEC on March 24, 2016 (the “2015 Annual Report”). The interim unaudited consolidated financial statements included herein have been prepared in accordance with instructions for Form 10-Q and the rules and regulations of the SEC and, therefore, do not include information or footnotes necessary for a complete presentation of consolidated financial condition, results of operations, and cash flows in conformity with GAAP. However, all adjustments, consisting only of normal recurring adjustments, which in the opinion of management are necessary for a fair presentation of the interim consolidated financial statements, have been included. The results of operations for the three and six months ended June 30, 2016 are not necessarily indicative of the results which may be expected for the entire year.
Principles of consolidation	Principles of consolidation The consolidated financial statements include the accounts of Stewardship Financial Corporation and its wholly-owned subsidiary, Atlantic Stewardship Bank (the “Bank”), together referred to as “the Corporation”. The Bank includes its wholly-owned subsidiaries, Stewardship Investment Corporation, Stewardship Realty LLC, Atlantic Stewardship Insurance Company, LLC and several other subsidiaries formed to hold title to properties acquired through foreclosure or deed in lieu of foreclosure. The Bank’s subsidiaries have an insignificant impact on the Bank’s daily operations. All intercompany accounts and transactions have been eliminated in the consolidated financial statements. The consolidated financial statements of the Corporation have been prepared in conformity with GAAP. In preparing the consolidated financial statements, management is required to make estimates and assumptions, based on available information, that affect the amounts reported in the consolidated financial statements and disclosures provided. Actual results could differ significantly from those estimates.
Material estimates	Material estimates Material estimates that are particularly susceptible to significant changes relate to the determination of the allowance for loan losses and deferred income taxes. Management believes the Corporation’s policies with respect to the methodology for the determination of the allowance for loan losses and the evaluation of deferred income taxes involves a higher degree of complexity and requires management to make difficult and subjective judgments, which often require assumptions or estimates about highly uncertain matters. Changes in these judgments, assumptions or estimates could materially impact results of operations. These critical policies and their application are periodically reviewed with the Audit Committee and the Board of Directors.
Adoption of New Accounting Standards	Adoption of New Accounting Standards In April 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest (Subtopic 835-30) – Simplifying the Presentation of Debt Issuance Costs.” This ASU is part of the FASB’s initiative to reduce complexity in accounting standards. To simplify presentation of debt issuance costs, the amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments in ASU 2015-03 are effective for fiscal years, including interim periods, beginning after December 15, 2015. The adoption of the amendments in this standard did not have a material impact on the Corporation’s consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, "Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Liabilities." This ASU addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This amendment supersedes the guidance to classify equity securities with readily determinable fair values into different categories, requires equity securities to be measured at fair value with changes in the fair value recognized through net income, and simplifies the impairment assessment of equity investments without readily determinable fair values. The amendment requires public business entities that are required to disclose the fair value of financial instruments measured at amortized cost on the balance sheet to measure that fair value using the exit price notion. The amendment requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option. The amendment requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or in the accompanying notes to the financial statements. The amendment reduces diversity in current practice by clarifying that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available for sale securities in combination with the entity’s other deferred tax assets. This amendment is effective for fiscal years, including interim periods, beginning after December 15, 2017. Entities should apply the amendment by means of a cumulative-effect adjustment as of the beginning of the fiscal year of adoption, with the exception of the amendment related to equity securities without readily determinable fair values, which should be applied prospectively to equity investments that exist as of the date of adoption. The Corporation intends to adopt the accounting standard during the first quarter of 2018, and is currently evaluating the impact that the adoption of the guidance will have on the Corporation's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Subtopic 842).” This ASU requires all lessees to recognize a lease liability and a right-of-use asset, measured at the present value of the future minimum lease payments, at the lease commencement date. Lessor accounting remains largely unchanged under the new guidance. The amendments in ASU 2016-02 are effective for fiscal years, including interim periods, beginning after December 15, 2018. Early adoption of ASU 2016-02 is permitted. The Corporation is currently assessing the impact that the adoption of the guidance will have on the Corporation's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The objective of this ASU is to simplify accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Under ASU 2016-09, all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) should be recognized as income tax expense or benefit in the income statement. The tax effects of exercised or vested awards should be treated as discrete items in the reporting period in which they occur. An entity also should recognize excess tax benefits regardless of whether the benefit reduces taxes payable in the current period. An entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest (current accounting) or account for forfeitures when they occur. Within the Cash Flow Statement, excess tax benefits should be classified along with other income tax cash flows as an operating activity, and cash paid by an employer when directly withholding shares for tax-withholding purposes should be classified as a financing activity. The amendments in ASU 2016-09 are effective for fiscal years, including interim periods, beginning after December 15, 2016. Early adoption of ASU 2016-09 is permitted. The Corporation is currently assessing the impact that the adoption of the guidance will have on the Corporation's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The main objective of this ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments by a reporting entity at each reporting date. The amendments in this ASU require financial assets measured at amortized cost to be presented at the net amount expected to be collected. The allowance for credit losses would represent a valuation account that would be deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. The income statement would reflect 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. The measurement of expected credit losses would be based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. An entity will be required to use judgment in determining the relevant information and estimation methods that are appropriate in its circumstances. The amendments in ASU 2016-13 are effective for fiscal years, including interim periods, beginning after December 15, 2019. Early adoption of ASU 2016-09 is permitted for fiscal years beginning after December 15, 2018. The Corporation is currently evaluating the potential impact that the adoption of the guidance will have on the Corporation's consolidated financial statements.

Securities - Available-for-Sa16

Securities - Available-for-Sale and Held to Maturity (Tables)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of Fair Value of Securities Available For Sale and Related Gross Unrealized Gains and Losses	The fair value of the available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows: June 30, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. government-sponsored agencies $ 28,426,000 $ 164,000 $ 20,000 $ 28,570,000 Obligations of state and political subdivisions 1,406,000 26,000 — 1,432,000 Mortgage-backed securities - residential 50,648,000 670,000 32,000 51,286,000 Asset-backed securities (a) 9,291,000 — 205,000 9,086,000 Corporate debt 4,500,000 10,000 85,000 4,425,000 Total debt securities 94,271,000 870,000 342,000 94,799,000 Other equity investments 3,832,000 — 98,000 3,734,000 $ 98,103,000 $ 870,000 $ 440,000 $ 98,533,000 December 31, 2015 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. government-sponsored agencies $ 31,266,000 $ 81,000 $ 393,000 $ 30,954,000 Obligations of state and political subdivisions 1,409,000 2,000 1,000 1,410,000 Mortgage-backed securities - residential 45,520,000 213,000 496,000 45,237,000 Asset-backed securities (a) 9,877,000 — 176,000 9,701,000 Corporate debt 2,500,000 — 81,000 2,419,000 Total debt securities 90,572,000 296,000 1,147,000 89,721,000 Other equity investments 3,778,000 — 145,000 3,633,000 $ 94,350,000 $ 296,000 $ 1,292,000 $ 93,354,000 (a) Collateralized by student loans
Schedule of Held to Maturity Securities and Related Unrecognized Gains and Losses	The following is a summary of the held to maturity securities and related gross unrealized gains and losses: June 30, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. Treasury $ 999,000 $ 20,000 $ — $ 1,019,000 U.S. government-sponsored agencies 24,129,000 131,000 10,000 24,250,000 Obligations of state and political subdivisions 10,223,000 167,000 — 10,390,000 Mortgage-backed securities - residential 30,315,000 798,000 — 31,113,000 $ 65,666,000 $ 1,116,000 $ 10,000 $ 66,772,000 December 31, 2015 Amortized Gross Unrealized Fair Cost Gains Losses Value U.S. Treasury $ 999,000 $ — $ 11,000 $ 988,000 U.S. government-sponsored agencies 15,109,000 132,000 24,000 15,217,000 Obligations of state and political subdivisions 11,219,000 268,000 — 11,487,000 Mortgage-backed securities - residential 33,411,000 295,000 117,000 33,589,000 $ 60,738,000 $ 695,000 $ 152,000 $ 61,281,000
Amortized Cost and Fair Value of the Investment Securities Portfolio by Contractual Maturity.	The following table presents the amortized cost and fair value of the debt securities portfolio by contractual maturity. As issuers may have the right to call or prepay obligations with or without call or prepayment premiums, the actual maturities may differ from contractual maturities. Securities not due at a single maturity date, such as mortgage-backed securities and asset-backed securities, are shown separately. June 30, 2016 Amortized Cost Fair Value Available-for-sale Within one year $ 500,000 $ 502,000 After one year, but within five years 9,778,000 9,798,000 After five years, but within ten years 17,923,000 18,009,000 After ten years 6,131,000 6,118,000 Mortgage-backed securities - residential 50,648,000 51,286,000 Asset-backed securities 9,291,000 9,086,000 Total $ 94,271,000 $ 94,799,000 Held to maturity Within one year $ 3,137,000 $ 3,155,000 After one year, but within five years 8,586,000 8,787,000 After five years, but within ten years 21,676,000 21,716,000 After ten years 1,952,000 2,001,000 Mortgage-backed securities - residential 30,315,000 31,113,000 Total $ 65,666,000 $ 66,772,000
Schedule of Continuous Unrealized Loss Position for Investment Securities Available for Sale and Held to Maturity	The following tables summarize the fair value and unrealized losses of those investment securities which reported an unrealized loss at June 30, 2016 and December 31, 2015 , and if the unrealized loss position was continuous for the twelve months prior to June 30, 2016 and December 31, 2015 . Available-for-Sale June 30, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. government- sponsored agencies $ 1,994,000 $ (8,000 ) $ 6,118,000 $ (12,000 ) $ 8,112,000 $ (20,000 ) Obligations of state and political subdivisions — — — — — — Mortgage-backed securities - residential 6,094,000 (11,000 ) 3,888,000 (21,000 ) 9,982,000 (32,000 ) Asset-backed securities 6,197,000 (69,000 ) 2,889,000 (136,000 ) 9,086,000 (205,000 ) Corporate debt 999,000 (1,000 ) 1,416,000 (84,000 ) 2,415,000 (85,000 ) Other equity investments — — 3,674,000 (98,000 ) 3,674,000 (98,000 ) Total temporarily impaired securities $ 15,284,000 $ (89,000 ) $ 17,985,000 $ (351,000 ) $ 33,269,000 $ (440,000 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. government- sponsored agencies $ 18,396,000 $ (183,000 ) $ 7,296,000 $ (210,000 ) $ 25,692,000 $ (393,000 ) Obligations of state and political subdivisions 984,000 (1,000 ) — — 984,000 (1,000 ) Mortgage-backed securities - residential 8,599,000 (69,000 ) 16,278,000 (427,000 ) 24,877,000 (496,000 ) Asset-backed securities 6,791,000 (56,000 ) 2,910,000 (120,000 ) 9,701,000 (176,000 ) Corporate debt — — 1,419,000 (81,000 ) 1,419,000 (81,000 ) Other equity investments — — 3,573,000 (145,000 ) 3,573,000 (145,000 ) Total temporarily impaired securities $ 34,770,000 $ (309,000 ) $ 31,476,000 $ (983,000 ) $ 66,246,000 $ (1,292,000 ) Held to Maturity June 30, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Treasury $ — $ — $ — $ — $ — $ — U.S. government- sponsored agencies 1,891,000 (10,000 ) — — 1,891,000 (10,000 ) Mortgage-backed securities - residential — — — — — — Total temporarily impaired securities $ 1,891,000 $ (10,000 ) $ — $ — $ 1,891,000 $ (10,000 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Treasury $ 988,000 $ (11,000 ) $ — $ — $ 988,000 $ (11,000 ) U.S. government- sponsored agencies 4,955,000 (24,000 ) — — 4,955,000 (24,000 ) Mortgage-backed securities - residential 15,183,000 (90,000 ) 1,066,000 (27,000 ) 16,249,000 (117,000 ) Total temporarily impaired securities $ 21,126,000 $ (125,000 ) $ 1,066,000 $ (27,000 ) $ 22,192,000 $ (152,000 )

Loans and Allowance for Loan 17

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Loan Portfolio Schedule	At June 30, 2016 and December 31, 2015 , respectively, the loan portfolio consisted of the following: June 30, December 31, Commercial: Secured by real estate $ 35,632,000 $ 37,993,000 Other 36,388,000 26,867,000 Commercial real estate 337,660,000 334,489,000 Commercial construction 7,097,000 4,609,000 Residential real estate 79,661,000 82,955,000 Consumer: Secured by real estate 29,876,000 29,224,000 Other 522,000 580,000 Government Guaranteed Loans - guaranteed portion 10,734,000 9,626,000 Other 68,000 134,000 Total gross loans 537,638,000 526,477,000 Less: Deferred loan costs (fees), net 25,000 98,000 Allowance for loan losses 8,388,000 8,823,000 8,413,000 8,921,000 Loans, net $ 529,225,000 $ 517,556,000
Schedule of Allowance for Loan Losses	Activity in the allowance for loan losses is summarized as follows: For the three months ended June 30, 2016 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,720,000 $ (386,000 ) $ (1,000 ) $ 340,000 $ 3,673,000 Commercial real estate 4,413,000 (156,000 ) (64,000 ) 31,000 4,224,000 Commercial construction 112,000 72,000 — — 184,000 Residential real estate 106,000 — — — 106,000 Consumer 119,000 19,000 (7,000 ) 1,000 132,000 Other loans 1,000 1,000 (2,000 ) — — Unallocated 69,000 — — — 69,000 Total $ 8,540,000 $ (450,000 ) $ (74,000 ) $ 372,000 $ 8,388,000 For the six months ended June 30, 2016 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,698,000 $ (402,000 ) $ (3,000 ) $ 380,000 $ 3,673,000 Commercial real estate 4,660,000 (431,000 ) (64,000 ) 59,000 4,224,000 Commercial construction 114,000 70,000 — — 184,000 Residential real estate 109,000 (3,000 ) — — 106,000 Consumer 118,000 19,000 (7,000 ) 2,000 132,000 Other loans 3,000 (1,000 ) (2,000 ) — — Unallocated 121,000 (52,000 ) — — 69,000 Total $ 8,823,000 $ (800,000 ) $ (76,000 ) $ 441,000 $ 8,388,000 For the three months ended June 30, 2015 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,703,000 $ (503,000 ) $ (1,000 ) $ 118,000 $ 3,317,000 Commercial real estate 5,116,000 99,000 — 74,000 5,289,000 Commercial construction 106,000 (200,000 ) — 108,000 14,000 Residential real estate 146,000 (6,000 ) — — 140,000 Consumer 151,000 (13,000 ) — 1,000 139,000 Other loans — 4,000 (1,000 ) — 3,000 Unallocated 378,000 19,000 — — 397,000 Total $ 9,600,000 $ (600,000 ) $ (2,000 ) $ 301,000 $ 9,299,000 For the six months ended June 30, 2015 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period Commercial $ 3,704,000 $ (341,000 ) $ (272,000 ) $ 226,000 $ 3,317,000 Commercial real estate 5,017,000 171,000 — 101,000 5,289,000 Commercial construction 150,000 (477,000 ) — 341,000 14,000 Residential real estate 142,000 (2,000 ) — — 140,000 Consumer 189,000 (52,000 ) — 2,000 139,000 Other loans 2,000 2,000 (1,000 ) — 3,000 Unallocated 398,000 (1,000 ) — — 397,000 Total $ 9,602,000 $ (700,000 ) $ (273,000 ) $ 670,000 $ 9,299,000 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of June 30, 2016 and December 31, 2015 . June 30, 2016 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 79,000 $ 613,000 $ — $ — $ — $ — $ — $ — $ 692,000 Collectively evaluated for impairment 3,594,000 3,611,000 184,000 106,000 132,000 — — 69,000 7,696,000 Total ending allowance balance $ 3,673,000 $ 4,224,000 $ 184,000 $ 106,000 $ 132,000 $ — $ — $ 69,000 $ 8,388,000 Loans: Loans individually evaluated for impairment $ 2,331,000 $ 6,768,000 $ — $ — $ 81,000 $ — $ — $ — $ 9,180,000 Loans collectively evaluated for impairment 69,689,000 330,892,000 7,097,000 79,661,000 30,317,000 10,734,000 68,000 — 528,458,000 Total ending loan balance $ 72,020,000 $ 337,660,000 $ 7,097,000 $ 79,661,000 $ 30,398,000 $ 10,734,000 $ 68,000 $ — $ 537,638,000 December 31, 2015 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 81,000 $ 638,000 $ — $ — $ — $ — $ — $ — $ 719,000 Collectively evaluated for impairment 3,617,000 4,022,000 114,000 109,000 118,000 — 3,000 121,000 8,104,000 Total ending allowance balance $ 3,698,000 $ 4,660,000 $ 114,000 $ 109,000 $ 118,000 $ — $ 3,000 $ 121,000 $ 8,823,000 Loans: Loans individually evaluated for impairment $ 3,348,000 $ 8,113,000 $ — $ — $ 84,000 $ — $ — $ — $ 11,545,000 Loans collectively evaluated for impairment 61,512,000 326,376,000 4,609,000 82,955,000 29,720,000 9,626,000 134,000 — 514,932,000 Total ending loan balance $ 64,860,000 $ 334,489,000 $ 4,609,000 $ 82,955,000 $ 29,804,000 $ 9,626,000 $ 134,000 $ — $ 526,477,000
Schedule of Recorded Investment in Nonaccrual Loans	The following table presents the recorded investment in nonaccrual loans at the dates indicated: June 30, December 31, Commercial: Secured by real estate $ 616,000 $ 1,300,000 Other — 14,000 Commercial real estate 252,000 484,000 Consumer: Secured by real estate 81,000 84,000 Total nonaccrual loans $ 949,000 $ 1,882,000
Schedule of Recorded Investments in Impaired Loans	The following table presents loans individually evaluated for impairment by class of loan at and for the periods indicated: At and for the six months ended June 30, 2016 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Secured by real estate $ 2,073,000 $ 1,853,000 $ 2,310,000 $ 47,000 Other — — 46,000 — Commercial real estate 3,824,000 3,563,000 3,197,000 112,000 Consumer: Secured by real estate 82,000 81,000 83,000 — With an allowance recorded: Commercial: Secured by real estate 190,000 190,000 $ 68,000 230,000 4,000 Other 288,000 288,000 11,000 256,000 10,000 Commercial real estate 3,205,000 3,205,000 613,000 4,726,000 66,000 $ 9,662,000 $ 9,180,000 $ 692,000 $ 10,848,000 $ 239,000 During the three and six months ended June 30, 2016 , no interest income was recognized on a cash basis. At and for the year ended December 31, 2015 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Secured by real estate $ 3,244,000 $ 2,729,000 $ 3,683,000 $ 156,000 Other 137,000 137,000 61,000 2,000 Commercial real estate 3,245,000 2,885,000 2,890,000 121,000 Commercial construction — — 215,000 — Residential real estate — — 74,000 — Consumer: Secured by real estate 84,000 84,000 226,000 — With an allowance recorded: Commercial: Secured by real estate 390,000 308,000 $ 80,000 405,000 14,000 Other 174,000 174,000 1,000 463,000 31,000 Commercial real estate 5,228,000 5,228,000 638,000 5,534,000 211,000 $ 12,502,000 $ 11,545,000 $ 719,000 $ 13,551,000 $ 535,000
Schedule of Aging of the Recorded Investment in Past Due Loans by Class of Loans	The following table presents the aging of the recorded investment in past due loans by class of loans as of June 30, 2016 and December 31, 2015 . Nonaccrual loans are included in the disclosure by payment status. June 30, 2016 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Total Commercial: Secured by real estate $ — $ — $ 616,000 $ 616,000 $ 35,016,000 $ 35,632,000 Other — — — — 36,388,000 36,388,000 Commercial real estate — — 252,000 252,000 337,408,000 337,660,000 Commercial construction — — — — 7,097,000 7,097,000 Residential real estate — — — — 79,661,000 79,661,000 Consumer: Secured by real estate 162,000 — 41,000 203,000 29,673,000 29,876,000 Other — — — — 522,000 522,000 Government Guaranteed — — — — 10,734,000 10,734,000 Other — — — — 68,000 68,000 Total $ 162,000 $ — $ 909,000 $ 1,071,000 $ 536,567,000 $ 537,638,000 December 31, 2015 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Total Commercial: Secured by real estate $ — $ — $ 1,011,000 $ 1,011,000 $ 36,982,000 $ 37,993,000 Other — — — — 26,867,000 26,867,000 Commercial real estate 271,000 — — 271,000 334,218,000 334,489,000 Commercial construction — — — — 4,609,000 4,609,000 Residential real estate — — — — 82,955,000 82,955,000 Consumer: Secured by real estate 112,000 — 41,000 153,000 29,071,000 29,224,000 Other — — — — 580,000 580,000 Government Guaranteed — — — — 9,626,000 9,626,000 Other — — — — 134,000 134,000 Total $ 383,000 $ — $ 1,052,000 $ 1,435,000 $ 525,042,000 $ 526,477,000
Schedule of Loans by Credit Quality Indicators	As of June 30, 2016 and December 31, 2015 , and based on the most recent analysis performed at those times, the risk category of loans by class is as follows: June 30, 2016 Pass Special Mention Substandard Doubtful Loss Total Commercial: Secured by real estate $ 33,663,000 $ 1,353,000 $ 616,000 $ — $ — $ 35,632,000 Other 35,309,000 720,000 359,000 — — 36,388,000 Commercial real estate 329,959,000 4,245,000 3,456,000 — — 337,660,000 Commercial construction 7,097,000 — — — — 7,097,000 Total $ 406,028,000 $ 6,318,000 $ 4,431,000 $ — $ — $ 416,777,000 December 31, 2015 Pass Special Mention Substandard Doubtful Loss Total Commercial: Secured by real estate $ 35,263,000 $ 1,431,000 $ 1,299,000 $ — $ — $ 37,993,000 Other 25,725,000 745,000 397,000 — — 26,867,000 Commercial real estate 326,737,000 4,034,000 3,718,000 — — 334,489,000 Commercial construction 4,609,000 — — — — 4,609,000 Total $ 392,334,000 $ 6,210,000 $ 5,414,000 $ — $ — $ 403,958,000
Schedule of Recorded Investment in Residential Real Estate and Consumer Loans Based on Payment Activity	The following table presents the recorded investment in residential real estate and consumer loans based on payment activity as of June 30, 2016 and December 31, 2015 . June 30, 2016 Current Past Due and Nonaccrual Total Residential real estate $ 79,448,000 $ 213,000 $ 79,661,000 Consumer: Secured by real estate 28,879,000 997,000 29,876,000 Other 519,000 3,000 522,000 Total $ 108,846,000 $ 1,213,000 $ 110,059,000 December 31, 2015 Current Past Due and Nonaccrual Total Residential real estate $ 82,415,000 $ 540,000 $ 82,955,000 Consumer: Secured by real estate 27,730,000 1,494,000 29,224,000 Other 578,000 2,000 580,000 Total $ 110,723,000 $ 2,036,000 $ 112,759,000

Fair Value of Financial Instr18

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2016 Assets: Available-for-sale securities U.S. government - sponsored agencies $ 28,570,000 $ — $ 28,570,000 $ — Obligations of state and political subdivisions 1,432,000 — 1,432,000 — Mortgage-backed securities - residential 51,286,000 — 51,286,000 — Asset-backed securities 9,086,000 — 9,086,000 — Corporate debt 4,425,000 — 4,425,000 — Other equity investments 3,734,000 3,674,000 60,000 — Total available-for-sale securities $ 98,533,000 $ 3,674,000 $ 94,859,000 $ — Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At December 31, 2015 Assets: Available-for-sale securities U.S. government - sponsored agencies $ 30,954,000 $ — $ 30,954,000 $ — Obligations of state and political subdivisions 1,410,000 — 1,410,000 — Mortgage-backed securities - residential 45,237,000 — 45,237,000 — Asset-backed securities 9,701,000 — 9,701,000 — Corporate debt 2,419,000 — 2,419,000 — Other equity investments 3,633,000 3,573,000 60,000 — Total available-for-sale securities $ 93,354,000 $ 3,573,000 $ 89,781,000 $ — Liabilities: Interest rate swap $ 62,000 $ — $ 62,000 $ —
Schedule of Assets and Liabilities Measured at Fair Value on a Non-recurring Basis	Assets and liabilities measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2016 Assets: Impaired loans Commercial: Secured by real estate $ 252,000 $ — $ — $ 252,000 Other Real Estate Owned 431,000 — — 431,000 $ 683,000 $ — $ — $ 683,000 Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At December 31, 2015 Assets: Impaired loans Commercial: Secured by real estate $ 367,000 $ — $ — $ 367,000 Consumer Secured by real estate 84,000 — — 84,000 Other Real Estate Owned 880,000 — — 880,000 $ 1,331,000 $ — $ — $ 1,331,000
Schedule of Fair Value Assumptions for Level 3 Asset Measurements	For the Level 3 assets measured at fair value on a non-recurring basis at June 30, 2016 and December 31, 2015 , the significant unobservable inputs used in the fair value measurements were as follows: June 30, 2016 Fair Assets Value Valuation Technique Unobservable Inputs Range Impaired loans $ 252,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 0% - 5% Estimated selling costs. 7% Other real estate owned $ 431,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 0% - 7% Estimated selling costs. 7% December 31, 2015 Fair Assets Value Valuation Technique Unobservable Inputs Range Impaired loans $ 451,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 5% - 9% Estimated selling costs. 7% Other real estate owned $ 990,000 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 0% Estimated selling costs. 7%
Schedule of Fair Value Estimates for the Financial Instruments	Fair value estimates for the Corporation’s financial instruments are summarized below: Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2016 Financial assets: Cash and cash equivalents $ 13,901,000 $ 13,901,000 $ — $ — Securities available-for-sale 98,533,000 3,674,000 94,859,000 — Securities held to maturity 65,666,000 — 65,666,000 — FHLB-NY stock 2,651,000 N/A N/A N/A Mortgage loans held for sale 581,000 — — 581,000 Loans, net 529,225,000 — — 539,764,000 Accrued interest receivable 1,912,000 1,000 524,000 1,387,000 Financial liabilities: Deposits 626,469,000 483,034,000 144,244,000 — FHLB-NY advances 40,000,000 — 40,291,000 — Subordinated debentures and subordinated notes 23,219,000 — — 23,240,000 Accrued interest payable 782,000 1,000 398,000 383,000 Fair Value Measurements Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2015 Financial assets: Cash and cash equivalents $ 10,910,000 $ 10,910,000 $ — $ — Securities available-for-sale 93,354,000 3,573,000 89,781,000 — Securities held to maturity 60,738,000 — 61,281,000 — FHLB-NY stock 2,608,000 N/A N/A N/A Mortgage loans held for sale 1,522,000 — — 1,522,000 Loans, net 517,556,000 — — 527,479,000 Accrued interest receivable 1,967,000 1,000 535,000 1,432,000 Financial liabilities: Deposits 604,753,000 459,327,000 145,560,000 — FHLB-NY advances 40,000,000 — 40,222,000 — Subordinated debentures and subordinated notes 23,186,000 — — 23,206,000 Accrued interest payable 791,000 1,000 387,000 403,000 Interest rate swap 62,000 — 62,000 —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Common Share	The following reconciles the income available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings per share. Three Months Ended Six Months Ended June 30, 2016 2015 2016 2015 Net income $ 1,362,000 $ 1,222,000 $ 2,353,000 $ 2,139,000 Dividends on preferred stock — 171,000 — 342,000 Net income available to common stockholders $ 1,362,000 $ 1,051,000 $ 2,353,000 $ 1,797,000 Weighted average common shares outstanding - basic 6,111,729 6,086,474 6,102,040 6,066,191 Effect of dilutive securities - stock options N/A N/A N/A N/A Weighted average common shares outstanding - diluted 6,111,729 6,086,474 6,102,040 6,066,191 Basic earnings per common share $ 0.22 $ 0.17 $ 0.39 $ 0.30 Diluted earnings per common share $ 0.22 $ 0.17 $ 0.39 $ 0.30

Subordinated Debt (Tables)

Subordinated Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of subordinated debt	Carrying Amount Issue Maturity Rate June 30, December 31, 9/17/2003 9/17/2033 Fixed / Floating Rate Junior Subordinated Debentures $ 7,217,000 $ 7,217,000 8/28/2015 8/25/2025 Fixed Rate Subordinated Notes 16,002,000 15,969,000 $ 23,219,000 $ 23,186,000

Accumulated Other Comprehensi21

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Schedule of components of comprehensive income	The components of comprehensive income, both gross and net of tax, are presented for the periods below: Three Months Ended June 30, 2016 2015 Gross Tax Net Gross Tax Net Net income $ 2,138,000 $ (776,000 ) $ 1,362,000 $ 1,895,000 $ (673,000 ) $ 1,222,000 Other comprehensive (loss) income: Change in unrealized holding gains (losses) on securities available-for-sale 395,000 (151,000 ) 244,000 (525,000 ) 200,000 (325,000 ) Reclassification adjustment for gains in net income (32,000 ) 12,000 (20,000 ) — — — Accretion of loss on securities reclassified to held to maturity 41,000 (16,000 ) 25,000 56,000 (22,000 ) 34,000 Change in fair value of interest rate swap — — — 62,000 (25,000 ) 37,000 Total other comprehensive income (loss) 404,000 (155,000 ) 249,000 (407,000 ) 153,000 (254,000 ) Total comprehensive income $ 2,542,000 $ (931,000 ) $ 1,611,000 $ 1,488,000 $ (520,000 ) $ 968,000 Six Months Ended June 30, 2016 2015 Gross Tax Net Gross Tax Net Net income $ 3,681,000 $ (1,328,000 ) $ 2,353,000 $ 3,265,000 $ (1,126,000 ) $ 2,139,000 Other comprehensive (loss) income: Change in unrealized holding gains (losses) on securities available-for-sale 1,482,000 (566,000 ) 916,000 226,000 (88,000 ) 138,000 Reclassification adjustment for gains in net income (56,000 ) 21,000 (35,000 ) (152,000 ) 61,000 (91,000 ) Accretion of loss on securities reclassified to held to maturity 113,000 (43,000 ) 70,000 195,000 (74,000 ) 121,000 Change in fair value of interest rate swap 62,000 (25,000 ) 37,000 119,000 (48,000 ) 71,000 Total other comprehensive income (loss) 1,601,000 (613,000 ) 988,000 388,000 (149,000 ) 239,000 Total comprehensive income $ 5,282,000 $ (1,941,000 ) $ 3,341,000 $ 3,653,000 $ (1,275,000 ) $ 2,378,000
Schedule of Components of Accumulated Other Comprehensive Income	The following tables present the after-tax changes in the balances of each component of accumulated other comprehensive income for the three and six months ended June 30, 2016 and 2015 . Three Months Ended June 30, 2016 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at March 31, 2016 $ 47,000 $ (153,000 ) $ — $ (106,000 ) Other comprehensive income before reclassifications 244,000 25,000 — 269,000 Amounts reclassified from other comprehensive income (20,000 ) — — (20,000 ) Other comprehensive income 224,000 25,000 — 249,000 Balance at June 30, 2016 $ 271,000 $ (128,000 ) $ — $ 143,000 Six Months Ended June 30, 2016 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2015 $ (610,000 ) $ (198,000 ) $ (37,000 ) $ (845,000 ) Other comprehensive income before reclassifications 916,000 70,000 37,000 1,023,000 Amounts reclassified from other comprehensive income (35,000 ) — — (35,000 ) Other comprehensive income, net 881,000 70,000 37,000 988,000 Balance at June 30, 2016 $ 271,000 $ (128,000 ) $ — $ 143,000 Three Months Ended June 30, 2015 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at March 31, 2015 $ (20,000 ) $ (290,000 ) $ (154,000 ) $ (464,000 ) Other comprehensive income (loss) before reclassifications (325,000 ) 34,000 37,000 (254,000 ) Amounts reclassified from other comprehensive income — — — — Other comprehensive income (loss), net (325,000 ) 34,000 37,000 (254,000 ) Balance at June 30, 2015 $ (345,000 ) $ (256,000 ) $ (117,000 ) $ (718,000 ) Six Months Ended June 30, 2015 Components of Accumulated Other Comprehensive Income (Loss) Total Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities Loss on securities reclassified from Available-for-Sale to Held to Maturity Unrealized Gains and (Losses) on Derivatives Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2014 $ (392,000 ) $ (377,000 ) $ (188,000 ) $ (957,000 ) Other comprehensive income before reclassifications 138,000 121,000 71,000 330,000 Amounts reclassified from other comprehensive income (91,000 ) — — (91,000 ) Other comprehensive income, net 47,000 121,000 71,000 239,000 Balance at June 30, 2015 $ (345,000 ) $ (256,000 ) $ (117,000 ) $ (718,000 )
Schedule of Amount Reclassified from each Component of Accumulated Other Comprehensive Income	The following tables present amounts reclassified from each component of accumulated other comprehensive income on a gross and net of tax basis for the three and six months ended June 30, 2016 and 2015 . Three Months Ended Income Components of Accumulated Other June 30, Statement Comprehensive Income 2016 2015 Line Item Unrealized gains on AFS securities before tax $ 32,000 $ — Gains on securities transactions, net Tax effect (12,000 ) — Total net of tax 20,000 — Total reclassifications, net of tax $ 20,000 $ — Six Months Ended Income Components of Accumulated Other June 30, Statement Comprehensive Income 2016 2015 Line Item Unrealized gains on AFS securities before tax $ 56,000 $ 152,000 Gains on securities transactions, net Tax effect (21,000 ) (61,000 ) Total net of tax 35,000 91,000 Total reclassifications, net of tax $ 35,000 $ 91,000

Securities - Available-for-Sa22

Securities - Available-for-Sale and Held to Maturity (Schedule of Fair Value of Securities Available For Sale and Related Gross Unrealized Gains and Losses) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Available for sale securities
Amortized Cost	$ 98,103,000	$ 94,350,000
Gross Unrealized Gains	870,000	296,000
Gross Unrealized Losses	440,000	1,292,000
Fair Value	98,533,000	93,354,000
U.S. government-sponsored agencies [Member]
Available for sale securities
Amortized Cost	28,426,000	31,266,000
Gross Unrealized Gains	164,000	81,000
Gross Unrealized Losses	20,000	393,000
Fair Value	28,570,000	30,954,000
Obligations of state and political and subdivisions [Member]
Available for sale securities
Amortized Cost	1,406,000	1,409,000
Gross Unrealized Gains	26,000	2,000
Gross Unrealized Losses	0	1,000
Fair Value	1,432,000	1,410,000
Mortgage-backed securities - residential [Member]
Available for sale securities
Amortized Cost	50,648,000	45,520,000
Gross Unrealized Gains	670,000	213,000
Gross Unrealized Losses	32,000	496,000
Fair Value	51,286,000	45,237,000
Asset-backed Securities [Member]
Available for sale securities
Amortized Cost	9,291,000	9,877,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	205,000	176,000
Fair Value	9,086,000	9,701,000
Corporate Debt Securities [Member]
Available for sale securities
Amortized Cost	4,500,000	2,500,000
Gross Unrealized Gains	10,000	0
Gross Unrealized Losses	85,000	81,000
Fair Value	4,425,000	2,419,000
Total debt securities [Member]
Available for sale securities
Amortized Cost	94,271,000	90,572,000
Gross Unrealized Gains	870,000	296,000
Gross Unrealized Losses	342,000	1,147,000
Fair Value	94,799,000	89,721,000
Other equity investments [Member]
Available for sale securities
Amortized Cost	3,832,000	3,778,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	98,000	145,000
Fair Value	$ 3,734,000	$ 3,633,000

Securities - Available-for-Sa23

Securities - Available-for-Sale and Held to Maturity (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)item	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)item	Jun. 30, 2015USD ($)
Schedule of Available-for-sale Securities [Line Items]
Cash proceeds realized from sales and calls of securities available for sale	$ 9,000,000	$ 0	$ 11,050,000	$ 27,845,000
Gross realized gain from sales and calls of securities available for sale	7,000	0	7,000	213,000
Gross realized losses from sales and calls of securities available for sale	0	0	0	61,000
Proceeds from calls on securities held to maturity	10,230,000	2,000,000	16,570,000	5,100,000
Gross realized gain from calls on securities held to maturity	25,000	0	49,000	0
Gross realized losses calls on securities held to maturity	$ 0	$ 0	$ 0	$ 0
U.S. government-sponsored agency securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | item	3		3
Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | item	5		5
Asset-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | item	1		1
Corporate debt securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | item	2		2
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | item	1		1

Securities - Available-for-Sa24

Securities - Available-for-Sale and Held to Maturity (Schedule of Held to Maturity Securities and Related Unrecognized Gains and Losses) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Held to maturity securities
Amortized Cost	$ 65,666,000	$ 60,738,000
Gross Unrealized Gains	1,116,000	695,000
Gross Unrealized Losses	10,000	152,000
Fair Value	66,772,000	61,281,000
U.S. Treasury [Member]
Held to maturity securities
Amortized Cost	999,000	999,000
Gross Unrealized Gains	20,000	0
Gross Unrealized Losses	0	11,000
Fair Value	1,019,000	988,000
U.S. government-sponsored agencies [Member]
Held to maturity securities
Amortized Cost	24,129,000	15,109,000
Gross Unrealized Gains	131,000	132,000
Gross Unrealized Losses	10,000	24,000
Fair Value	24,250,000	15,217,000
Obligations of state and political and subdivisions [Member]
Held to maturity securities
Amortized Cost	10,223,000	11,219,000
Gross Unrealized Gains	167,000	268,000
Gross Unrealized Losses	0	0
Fair Value	10,390,000	11,487,000
Mortgage-backed securities - residential [Member]
Held to maturity securities
Amortized Cost	30,315,000	33,411,000
Gross Unrealized Gains	798,000	295,000
Gross Unrealized Losses	0	117,000
Fair Value	$ 31,113,000	$ 33,589,000

Securities - Available-for-Sa25

Securities - Available-for-Sale and Held to Maturity (Schedule of Amortized Cost and Fair Value of the Investment Securities Portfolio by Contractual Maturity) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Amortized Cost
Within one year	$ 500,000
After one year, but within five years	9,778,000
After five years, but within ten years	17,923,000
After ten years	6,131,000
Total	94,271,000
Fair Value
Within one year	502,000
After one year, but within five years	9,798,000
After five years, but within ten years	18,009,000
After ten years	6,118,000
Total	94,799,000
Amortized Cost
Within one year	3,137,000
After one year, but within five years	8,586,000
After five years, but within ten years	21,676,000
After ten years	1,952,000
Total	65,666,000	$ 60,738,000
Fair Value
Within one year	3,155,000
After one year, but within five years	8,787,000
After five years, but within ten years	21,716,000
After ten years	2,001,000
Total	66,772,000	61,281,000
Mortgage-backed securities - residential [Member]
Amortized Cost
Total	50,648,000
Fair Value
Total	51,286,000
Amortized Cost
Total	30,315,000
Fair Value
Total	31,113,000	$ 33,589,000
Asset-backed Securities [Member]
Amortized Cost
Total	9,291,000
Fair Value
Total	$ 9,086,000

Securities - Available-for-Sa26

Securities - Available-for-Sale and Held to Maturity (Schedule of Continuous Unrealized Loss Position for Investment Securities Available for Sale) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	$ 15,284,000	$ 34,770,000
Less than 12 Months, Unrealized Losses	(89,000)	(309,000)
12 Months or Longer, Fair Value	17,985,000	31,476,000
12 Months or Longer, Unrealized Losses	(351,000)	(983,000)
Fair Value	33,269,000	66,246,000
Unrealized Losses	(440,000)	(1,292,000)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	1,891,000	21,126,000
Less than 12 Months, Unrealized Losses	(10,000)	(125,000)
12 Months or Longer, Fair Value	0	1,066,000
12 Months or Longer, Unrealized Losses	0	(27,000)
Fair Value	1,891,000	22,192,000
Unrealized Losses	(10,000)	(152,000)
U.S. government-sponsored agencies [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	1,994,000	18,396,000
Less than 12 Months, Unrealized Losses	(8,000)	(183,000)
12 Months or Longer, Fair Value	6,118,000	7,296,000
12 Months or Longer, Unrealized Losses	(12,000)	(210,000)
Fair Value	8,112,000	25,692,000
Unrealized Losses	(20,000)	(393,000)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	1,891,000	4,955,000
Less than 12 Months, Unrealized Losses	(10,000)	(24,000)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	1,891,000	4,955,000
Unrealized Losses	(10,000)	(24,000)
Obligations of state and political and subdivisions [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	0	984,000
Less than 12 Months, Unrealized Losses	0	(1,000)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	0	984,000
Unrealized Losses	0	(1,000)
Mortgage-backed securities - residential [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	6,094,000	8,599,000
Less than 12 Months, Unrealized Losses	(11,000)	(69,000)
12 Months or Longer, Fair Value	3,888,000	16,278,000
12 Months or Longer, Unrealized Losses	(21,000)	(427,000)
Fair Value	9,982,000	24,877,000
Unrealized Losses	(32,000)	(496,000)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	0	15,183,000
Less than 12 Months, Unrealized Losses	0	(90,000)
12 Months or Longer, Fair Value	0	1,066,000
12 Months or Longer, Unrealized Losses	0	(27,000)
Fair Value	0	16,249,000
Unrealized Losses	0	(117,000)
Asset-backed Securities [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	6,197,000	6,791,000
Less than 12 Months, Unrealized Losses	(69,000)	(56,000)
12 Months or Longer, Fair Value	2,889,000	2,910,000
12 Months or Longer, Unrealized Losses	(136,000)	(120,000)
Fair Value	9,086,000	9,701,000
Unrealized Losses	(205,000)	(176,000)
Corporate Debt Securities [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	999,000	0
Less than 12 Months, Unrealized Losses	(1,000)	0
12 Months or Longer, Fair Value	1,416,000	1,419,000
12 Months or Longer, Unrealized Losses	(84,000)	(81,000)
Fair Value	2,415,000	1,419,000
Unrealized Losses	(85,000)	(81,000)
Other equity investments [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or Longer, Fair Value	3,674,000	3,573,000
12 Months or Longer, Unrealized Losses	(98,000)	(145,000)
Fair Value	3,674,000	3,573,000
Unrealized Losses	(98,000)	(145,000)
U.S. Treasury [Member]
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	0	988,000
Less than 12 Months, Unrealized Losses	0	(11,000)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	0	988,000
Unrealized Losses	$ 0	$ (11,000)

Loans and Allowance for Loan 27

Loans and Allowance for Loan Losses (Loan Portfolio Schedule) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Total gross loans	$ 537,638,000	$ 526,477,000
Less: Deferred loan costs (fees), net	25,000	98,000
Allowance for loan losses	8,388,000	8,823,000
Allowance net of deferred loan fees	8,413,000	8,921,000
Loans, net	529,225,000	517,556,000
Commercial loan secured by real estate [Member]
Total gross loans	35,632,000	37,993,000
Commercial loan - Other [Member]
Total gross loans	36,388,000	26,867,000
Commercial real estate [Member]
Total gross loans	337,660,000	334,489,000
Allowance for loan losses	4,224,000	4,660,000
Commercial Construction [Member]
Total gross loans	7,097,000	4,609,000
Allowance for loan losses	184,000	114,000
Residential real estate [Member]
Total gross loans	79,661,000	82,955,000
Allowance for loan losses	106,000	109,000
Consumer loan secured by real estate [Member]
Total gross loans	29,876,000	29,224,000
Consumer loan - Other [Member]
Total gross loans	522,000	580,000
Government Guaranteed Loans - guaranteed portion [Member]
Total gross loans	10,734,000	9,626,000
Allowance for loan losses	0	0
Other Loans [Member]
Total gross loans	68,000	134,000
Allowance for loan losses	$ 0	$ 3,000

Loans and Allowance for Loan 28

Loans and Allowance for Loan Losses (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)itemloan	Jun. 30, 2015item	Jun. 30, 2016USD ($)itemloan	Jun. 30, 2015item	Dec. 31, 2015USD ($)loan
Receivables [Abstract]
Loans participated by the Corporation to other organizations, recorded off-balance sheet	$ 8,749,000		$ 8,749,000		$ 8,527,000
Number of loans past due over 90 days still accruing | loan	0		0		0
Total value of modified loans in troubled debt restructurings	$ 8,500,000		$ 8,500,000		$ 10,200,000
Trouble debt restructuring classified as performing	8,200,000		8,200,000		9,700,000
Specific reserve related to TDR	692,000		692,000		708,000
Committed funds for construction loan, classified as troubled debt restructuring	$ 138,000		$ 138,000		$ 138,000
Number of loans classified as a trouble debt restructuring | item	0	0	0	0

Loans and Allowance for Loan 29

Loans and Allowance for Loan Losses (Schedule of Allowance for Loan Losses) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Activity in the allowance for loan losses
Balance, beginning of period	$ 8,540,000	$ 9,600,000	$ 8,823,000	$ 9,602,000
Provision charged to operations	(450,000)	(600,000)	(800,000)	(700,000)
Loans charged off	(74,000)	(2,000)	(76,000)	(273,000)
Recoveries of loans charged off	372,000	301,000	441,000	670,000
Balance, end of period	8,388,000	9,299,000	8,388,000	9,299,000
Commercial [Member]
Activity in the allowance for loan losses
Balance, beginning of period	3,720,000	3,703,000	3,698,000	3,704,000
Provision charged to operations	(386,000)	(503,000)	(402,000)	(341,000)
Loans charged off	(1,000)	(1,000)	(3,000)	(272,000)
Recoveries of loans charged off	340,000	118,000	380,000	226,000
Balance, end of period	3,673,000	3,317,000	3,673,000	3,317,000
Commercial loan secured by real estate [Member]
Activity in the allowance for loan losses
Balance, beginning of period	4,413,000	5,116,000	4,660,000	5,017,000
Provision charged to operations	(156,000)	99,000	(431,000)	171,000
Loans charged off	(64,000)	0	(64,000)	0
Recoveries of loans charged off	31,000	74,000	59,000	101,000
Balance, end of period	4,224,000	5,289,000	4,224,000	5,289,000
Commercial Construction [Member]
Activity in the allowance for loan losses
Balance, beginning of period	112,000	106,000	114,000	150,000
Provision charged to operations	72,000	(200,000)	70,000	(477,000)
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	108,000	0	341,000
Balance, end of period	184,000	14,000	184,000	14,000
Residential real estate [Member]
Activity in the allowance for loan losses
Balance, beginning of period	106,000	146,000	109,000	142,000
Provision charged to operations	0	(6,000)	(3,000)	(2,000)
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	0
Balance, end of period	106,000	140,000	106,000	140,000
Consumer [Member]
Activity in the allowance for loan losses
Balance, beginning of period	119,000	151,000	118,000	189,000
Provision charged to operations	19,000	(13,000)	19,000	(52,000)
Loans charged off	(7,000)	0	(7,000)	0
Recoveries of loans charged off	1,000	1,000	2,000	2,000
Balance, end of period	132,000	139,000	132,000	139,000
Other loans [Member]
Activity in the allowance for loan losses
Balance, beginning of period	1,000	0	3,000	2,000
Provision charged to operations	1,000	4,000	(1,000)	2,000
Loans charged off	(2,000)	(1,000)	(2,000)	(1,000)
Recoveries of loans charged off	0	0	0	0
Balance, end of period	0	3,000	0	3,000
Unallocated Loans [Member]
Activity in the allowance for loan losses
Balance, beginning of period	69,000	378,000	121,000	398,000
Provision charged to operations	0	19,000	(52,000)	(1,000)
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	0
Balance, end of period	$ 69,000	$ 397,000	$ 69,000	$ 397,000

Loans and Allowance for Loan 30

Loans and Allowance for Loan Losses (Schedule of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	$ 692,000	$ 719,000
Collectively evaluated for impairment	7,696,000	8,104,000
Total ending allowance balance	8,388,000	8,823,000
Loans
Loans individually evaluated for impairment	9,180,000	11,545,000
Loans collectively evaluated for impairment	528,458,000	514,932,000
Total	537,638,000	526,477,000
Commercial [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	79,000	81,000
Collectively evaluated for impairment	3,594,000	3,617,000
Total ending allowance balance	3,673,000	3,698,000
Loans
Loans individually evaluated for impairment	2,331,000	3,348,000
Loans collectively evaluated for impairment	69,689,000	61,512,000
Total	72,020,000	64,860,000
Commercial real estate [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	613,000	638,000
Collectively evaluated for impairment	3,611,000	4,022,000
Total ending allowance balance	4,224,000	4,660,000
Loans
Loans individually evaluated for impairment	6,768,000	8,113,000
Loans collectively evaluated for impairment	330,892,000	326,376,000
Total	337,660,000	334,489,000
Commercial Construction [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	184,000	114,000
Total ending allowance balance	184,000	114,000
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	7,097,000	4,609,000
Total	7,097,000	4,609,000
Residential real estate [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	106,000	109,000
Total ending allowance balance	106,000	109,000
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	79,661,000	82,955,000
Total	79,661,000	82,955,000
Consumer [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	132,000	118,000
Total ending allowance balance	132,000	118,000
Loans
Loans individually evaluated for impairment	81,000	84,000
Loans collectively evaluated for impairment	30,317,000	29,720,000
Total	30,398,000	29,804,000
Government Guaranteed [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Total ending allowance balance	0	0
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	10,734,000	9,626,000
Total	10,734,000	9,626,000
Other Loans [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	3,000
Total ending allowance balance	0	3,000
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	68,000	134,000
Total	68,000	134,000
Unallocated Loans [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	69,000	121,000
Total ending allowance balance	69,000	121,000
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	0	0
Total	$ 0	$ 0

Loans and Allowance for Loan 31

Loans and Allowance for Loan Losses (Schedule of Recorded Investment in Nonaccrual Loans) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Total nonaccrual loans	$ 949,000	$ 1,882,000
Commercial loan secured by real estate [Member]
Total nonaccrual loans	616,000	1,300,000
Commercial loan - Other [Member]
Total nonaccrual loans	0	14,000
Commercial Real Estate Portfolio Segment [Member]
Total nonaccrual loans	252,000	484,000
Consumer loan secured by real estate [Member]
Total nonaccrual loans	$ 81,000	$ 84,000

Loans and Allowance for Loan 32

Loans and Allowance for Loan Losses (Schedule of Recorded Investments in Impaired Loans) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
With an allowance recorded:
Allowance for Loan Losses Allocated	$ 692,000	$ 719,000
Total impaired loans
Unpaid Principal Balance	9,662,000	12,502,000
Recorded Investment	9,180,000	11,545,000
Average Recorded Investment	10,848,000	13,551,000
Interest Income Recognized	239,000	535,000
Commercial loan secured by real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance	2,073,000	3,244,000
Recorded Investment	1,853,000	2,729,000
Average Recorded Investment	2,310,000	3,683,000
Interest Income Recognized	47,000	156,000
With an allowance recorded:
Unpaid Principal Balance	190,000	390,000
Recorded Investment	190,000	308,000
Allowance for Loan Losses Allocated	68,000	80,000
Average Recorded Investment	230,000	405,000
Interest Income Recognized	4,000	14,000
Commercial loan - Other [Member]
With no related allowance recorded:
Unpaid Principal Balance	0	137,000
Recorded Investment	0	137,000
Average Recorded Investment	46,000	61,000
Interest Income Recognized	0	2,000
With an allowance recorded:
Unpaid Principal Balance	288,000	174,000
Recorded Investment	288,000	174,000
Allowance for Loan Losses Allocated	11,000	1,000
Average Recorded Investment	256,000	463,000
Interest Income Recognized	10,000	31,000
Commercial real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance	3,824,000	3,245,000
Recorded Investment	3,563,000	2,885,000
Average Recorded Investment	3,197,000	2,890,000
Interest Income Recognized	112,000	121,000
With an allowance recorded:
Unpaid Principal Balance	3,205,000	5,228,000
Recorded Investment	3,205,000	5,228,000
Allowance for Loan Losses Allocated	613,000	638,000
Average Recorded Investment	4,726,000	5,534,000
Interest Income Recognized	66,000	211,000
Commercial Construction [Member]
With no related allowance recorded:
Unpaid Principal Balance		0
Recorded Investment		0
Average Recorded Investment		215,000
Interest Income Recognized		0
Residential real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance		0
Recorded Investment		0
Average Recorded Investment		74,000
Interest Income Recognized		0
Consumer loan secured by real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance	82,000	84,000
Recorded Investment	81,000	84,000
Average Recorded Investment	83,000	226,000
Interest Income Recognized	$ 0	$ 0

Loans and Allowance for Loan 33

Loans and Allowance for Loan Losses (Schedule of Aging of the Recorded Investment in Past Due Loans by Class of Loans) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Aging analysis of past due loans
Total Past Due	$ 1,071,000	$ 1,435,000
Loans Not Past Due	536,567,000	525,042,000
Total	537,638,000	526,477,000
Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	616,000	1,011,000
Loans Not Past Due	35,016,000	36,982,000
Total	35,632,000	37,993,000
Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	36,388,000	26,867,000
Total	36,388,000	26,867,000
Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	252,000	271,000
Loans Not Past Due	337,408,000	334,218,000
Total	337,660,000	334,489,000
Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	7,097,000	4,609,000
Total	7,097,000	4,609,000
Residential real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	79,661,000	82,955,000
Total	79,661,000	82,955,000
Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	203,000	153,000
Loans Not Past Due	29,673,000	29,071,000
Total	29,876,000	29,224,000
Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	522,000	580,000
Total	522,000	580,000
Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	10,734,000	9,626,000
Total	10,734,000	9,626,000
Other Loans [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	68,000	134,000
Total	68,000	134,000
30 to 59 Days [Member]
Aging analysis of past due loans
Total Past Due	162,000	383,000
30 to 59 Days [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
30 to 59 Days [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
30 to 59 Days [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	0	271,000
30 to 59 Days [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
30 to 59 Days [Member] | Residential real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
30 to 59 Days [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	162,000	112,000
30 to 59 Days [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
30 to 59 Days [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
30 to 59 Days [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Residential real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
60 to 89 Days [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	0	0
Greater Than 90 Days [Member]
Aging analysis of past due loans
Total Past Due	909,000	1,052,000
Greater Than 90 Days [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	616,000	1,011,000
Greater Than 90 Days [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Greater Than 90 Days [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	252,000	0
Greater Than 90 Days [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
Greater Than 90 Days [Member] | Residential real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Greater Than 90 Days [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	41,000	41,000
Greater Than 90 Days [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Greater Than 90 Days [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
Greater Than 90 Days [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	$ 0	$ 0

Loans and Allowance for Loan 34

Loans and Allowance for Loan Losses (Schedule of Loans by Credit Quality Indicators) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Total Loans	$ 537,638,000	$ 526,477,000
Commercial loan secured by real estate [Member]
Total Loans	35,632,000	37,993,000
Commercial loan - Other [Member]
Total Loans	36,388,000	26,867,000
Commercial real estate [Member]
Total Loans	337,660,000	334,489,000
Commercial Construction [Member]
Total Loans	7,097,000	4,609,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Total Loans	416,777,000	403,958,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Pass [Member]
Total Loans	406,028,000	392,334,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Special Mention [Member]
Total Loans	6,318,000	6,210,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Substandard [Member]
Total Loans	4,431,000	5,414,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Doubtful [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Loss [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member]
Total Loans	35,632,000	37,993,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Pass [Member]
Total Loans	33,663,000	35,263,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Special Mention [Member]
Total Loans	1,353,000	1,431,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Substandard [Member]
Total Loans	616,000	1,299,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Doubtful [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Loss [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member]
Total Loans	36,388,000	26,867,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Pass [Member]
Total Loans	35,309,000	25,725,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Special Mention [Member]
Total Loans	720,000	745,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Substandard [Member]
Total Loans	359,000	397,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Doubtful [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Loss [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member]
Total Loans	337,660,000	334,489,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Pass [Member]
Total Loans	329,959,000	326,737,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Special Mention [Member]
Total Loans	4,245,000	4,034,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Substandard [Member]
Total Loans	3,456,000	3,718,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Doubtful [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Loss [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member]
Total Loans	7,097,000	4,609,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Pass [Member]
Total Loans	7,097,000	4,609,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Special Mention [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Substandard [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Doubtful [Member]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Loss [Member]
Total Loans	$ 0	$ 0

Loans and Allowance for Loan 35

Loans and Allowance for Loan Losses (Schedule of Recorded Investment in Residential Real Estate and Consumer Loans Based on Payment Activity) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Total Loans	$ 537,638,000	$ 526,477,000
Residential real estate [Member]
Total Loans	79,661,000	82,955,000
Residential real estate [Member] | Current [Member]
Total Loans	79,448,000	82,415,000
Residential real estate [Member] | Past Due and Nonaccrual [Member]
Total Loans	213,000	540,000
Consumer loan secured by real estate [Member]
Total Loans	29,876,000	29,224,000
Consumer loan secured by real estate [Member] | Current [Member]
Total Loans	28,879,000	27,730,000
Consumer loan secured by real estate [Member] | Past Due and Nonaccrual [Member]
Total Loans	997,000	1,494,000
Consumer loan - Other [Member]
Total Loans	522,000	580,000
Consumer loan - Other [Member] | Current [Member]
Total Loans	519,000	578,000
Consumer loan - Other [Member] | Past Due and Nonaccrual [Member]
Total Loans	3,000	2,000
Real estate and consumer loans [Member]
Total Loans	110,059,000	112,759,000
Real estate and consumer loans [Member] | Current [Member]
Total Loans	108,846,000	110,723,000
Real estate and consumer loans [Member] | Past Due and Nonaccrual [Member]
Total Loans	$ 1,213,000	$ 2,036,000

Fair Value of Financial Instr36

Fair Value of Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Discount to real estate appraised values (as a percent)			12.00%
Allowance for loan losses	$ 8,388,000		$ 8,388,000		$ 8,823,000
Provision for loan losses	(450,000)	$ (600,000)	(800,000)	$ (700,000)
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Recorded Investment With an allowance recorded	252,000		252,000		461,000
Allowance for loan losses					10,000
Provision for loan losses					16,000
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned [Member]
Recorded Investment With an allowance recorded	451,000		451,000		880,000
Provision for loan losses			20,000	$ 60,000
Allowance for losses on other real estate owned	$ 20,000		$ 20,000		$ 0

Fair Value of Financial Instr37

Fair Value of Financial Instruments (Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets, Fair Value
Total available-for-sale securities	$ 98,533,000	$ 93,354,000
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets, Fair Value
Total available-for-sale securities	3,674,000	3,573,000
Liabilities, Fair Value
Interest rate swap		0
Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
Total available-for-sale securities	94,859,000	89,781,000
Liabilities, Fair Value
Interest rate swap		62,000
Significant Unobservable Inputs (Level 3) [Member]
Assets, Fair Value
Total available-for-sale securities	0	0
Liabilities, Fair Value
Interest rate swap		0
Carrying Value [Member]
Assets, Fair Value
Total available-for-sale securities	98,533,000	93,354,000
Liabilities, Fair Value
Interest rate swap		62,000
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets, Fair Value
U.S. government - sponsored agencies	0	0
Obligations of state and political subdivisions	0	0
Mortgage-backed securities - residential	0	0
Asset-backed securities	0	0
Corporate debt	0	0
Other equity investments	3,674,000	3,573,000
Total available-for-sale securities	3,674,000	3,573,000
Liabilities, Fair Value
Interest rate swap		0
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
U.S. government - sponsored agencies	28,570,000	30,954,000
Obligations of state and political subdivisions	1,432,000	1,410,000
Mortgage-backed securities - residential	51,286,000	45,237,000
Asset-backed securities	9,086,000	9,701,000
Corporate debt	4,425,000	2,419,000
Other equity investments	60,000	60,000
Total available-for-sale securities	94,859,000	89,781,000
Liabilities, Fair Value
Interest rate swap		62,000
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets, Fair Value
U.S. government - sponsored agencies	0	0
Obligations of state and political subdivisions	0	0
Mortgage-backed securities - residential	0	0
Asset-backed securities	0	0
Corporate debt	0	0
Other equity investments	0	0
Total available-for-sale securities	0	0
Liabilities, Fair Value
Interest rate swap		0
Fair Value Measured on a Recurring Basis [Member] | Carrying Value [Member]
Assets, Fair Value
U.S. government - sponsored agencies	28,570,000	30,954,000
Obligations of state and political subdivisions	1,432,000	1,410,000
Mortgage-backed securities - residential	51,286,000	45,237,000
Asset-backed securities	9,086,000	9,701,000
Corporate debt	4,425,000	2,419,000
Other equity investments	3,734,000	3,633,000
Total available-for-sale securities	$ 98,533,000	93,354,000
Liabilities, Fair Value
Interest rate swap		$ 62,000

Fair Value of Financial Instr38

Fair Value of Financial Instruments (Schedule of Assets and Liabilities Measured at Fair Value on Non-recurring Basis) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets, Fair Value
Impaired loans, Fair Value	$ 0	$ 0
Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
Impaired loans, Fair Value	0	0
Significant Unobservable Inputs (Level 3) [Member]
Assets, Fair Value
Impaired loans, Fair Value	539,764,000	527,479,000
Carrying Value [Member]
Assets, Fair Value
Impaired loans, Fair Value	529,225,000	517,556,000
Fair Value, Measurements, Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets, Fair Value
Commercial loan secured by real estate	0	0
Consumer loan secured by real estate		0
Other Real Estate Owned	0	0
Impaired loans, Fair Value	0	0
Fair Value, Measurements, Nonrecurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
Commercial loan secured by real estate	0	0
Consumer loan secured by real estate		0
Other Real Estate Owned	0	0
Impaired loans, Fair Value	0	0
Fair Value, Measurements, Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets, Fair Value
Commercial loan secured by real estate	252,000	367,000
Consumer loan secured by real estate		84,000
Other Real Estate Owned	431,000	880,000
Impaired loans, Fair Value	683,000	1,331,000
Fair Value, Measurements, Nonrecurring [Member] | Carrying Value [Member]
Assets, Fair Value
Commercial loan secured by real estate	252,000	367,000
Consumer loan secured by real estate		84,000
Other Real Estate Owned	431,000	880,000
Impaired loans, Fair Value	$ 683,000	$ 1,331,000

Fair Value of Financial Instr39

Fair Value of Financial Instruments (Schedule of Fair Value Assumptions for Level 3 Asset Measurements) (Details) - Significant Unobservable Inputs (Level 3) [Member] - Fair Value, Measurements, Nonrecurring [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Range of Unobservable inputs, Estimated selling costs (as a percent)	7.00%
Impaired Loans [Member]
Fair value of financial assets	$ 252,000	$ 451,000
Range of Unobservable inputs, Estimated selling costs (as a percent)	7.00%	7.00%
Impaired Loans [Member] | Minimum [Member]
Range of Unobservable inputs, Adjustments for differences between comparable sales and income data available (as a percent)	0.00%	5.00%
Impaired Loans [Member] | Maximum [Member]
Range of Unobservable inputs, Adjustments for differences between comparable sales and income data available (as a percent)	5.00%	9.00%
Other Real Estate Owned [Member]
Fair value of financial assets	$ 431,000	$ 990,000
Range of Unobservable inputs, Adjustments for differences between comparable sales and income data available (as a percent)		0.00%
Range of Unobservable inputs, Estimated selling costs (as a percent)		7.00%
Other Real Estate Owned [Member] | Minimum [Member]
Range of Unobservable inputs, Adjustments for differences between comparable sales and income data available (as a percent)	0.00%
Other Real Estate Owned [Member] | Maximum [Member]
Range of Unobservable inputs, Estimated selling costs (as a percent)	7.00%

Fair Value of Financial Instr40

Fair Value of Financial Instruments (Schedule of Fair Value Estimates for the Financial Instruments) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Financial assets:
Securities available-for-sale	$ 98,533,000	$ 93,354,000
Securities held to maturity	65,666,000	60,738,000
FHLB-NY stock	2,650,000	2,608,000
Financial liabilities:
Subordinated debentures and subordinated notes	23,219,000	23,186,000
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial assets:
Cash and cash equivalents	13,901,000	10,910,000
Securities available-for-sale	3,674,000	3,573,000
Securities held to maturity	0	0
FHLB-NY stock	0	0
Mortgage loans held for sale	0	0
Loans, net	0	0
Accrued interest receivable	1,000	1,000
Financial liabilities:
Deposits	483,034,000	459,327,000
FHLB-NY advances	0	0
Subordinated debentures and subordinated notes	0	0
Accrued interest payable	1,000	1,000
Interest rate swap		0
Significant Other Observable Inputs (Level 2) [Member]
Financial assets:
Cash and cash equivalents	0	0
Securities available-for-sale	94,859,000	89,781,000
Securities held to maturity	65,666,000	61,281,000
FHLB-NY stock	0	0
Mortgage loans held for sale	0	0
Loans, net	0	0
Accrued interest receivable	524,000	535,000
Financial liabilities:
Deposits	144,244,000	145,560,000
FHLB-NY advances	40,291,000	40,222,000
Subordinated debentures and subordinated notes	0	0
Accrued interest payable	398,000	387,000
Interest rate swap		62,000
Significant Unobservable Inputs (Level 3) [Member]
Financial assets:
Cash and cash equivalents	0	0
Securities available-for-sale	0	0
Securities held to maturity	0	0
FHLB-NY stock	0	0
Mortgage loans held for sale	581,000	1,522,000
Loans, net	539,764,000	527,479,000
Accrued interest receivable	1,387,000	1,432,000
Financial liabilities:
Deposits	0	0
FHLB-NY advances	0	0
Subordinated debentures and subordinated notes	23,240,000	23,206,000
Accrued interest payable	383,000	403,000
Interest rate swap		0
Carrying Value [Member]
Financial assets:
Cash and cash equivalents	13,901,000	10,910,000
Securities available-for-sale	98,533,000	93,354,000
Securities held to maturity	65,666,000	60,738,000
FHLB-NY stock	2,651,000	2,608,000
Mortgage loans held for sale	581,000	1,522,000
Loans, net	529,225,000	517,556,000
Accrued interest receivable	1,912,000	1,967,000
Financial liabilities:
Deposits	626,469,000	604,753,000
FHLB-NY advances	40,000,000	40,000,000
Subordinated debentures and subordinated notes	23,219,000	23,186,000
Accrued interest payable	$ 782,000	791,000
Interest rate swap		$ 62,000

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Earnings Per Common Share) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 1,362,000	$ 1,222,000	$ 2,353,000	$ 2,139,000
Dividends on preferred stock	0	171,000	0	342,000
Net income available to common shareholders	$ 1,362,000	$ 1,051,000	$ 2,353,000	$ 1,797,000
Weighted average common shares outstanding - basic (in shares)	6,111,729	6,086,474	6,102,040	6,066,191
Effect of dilutive securities - stock options (in shares)	0	0	0	0
Weighted average common shares outstanding - diluted (in shares)	6,111,729	6,086,474	6,102,040	6,066,191
Basic earnings per common share (in usd per share)	$ 0.22	$ 0.17	$ 0.39	$ 0.30
Diluted earnings per common share (in usd per share)	$ 0.22	$ 0.17	$ 0.39	$ 0.30

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0

Subordinated Debt (Schedule of

Subordinated Debt (Schedule of Subordinated Debt) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Sep. 17, 2003
Subordinated Debt [Line Items]
Subordinated debt, carrying amount	$ 23,219,000	$ 23,186,000
Fixed / Floating Rate Junior Subordinated Debentures [Member]
Subordinated Debt [Line Items]
Subordinated debt, carrying amount	7,217,000	7,217,000	$ 7,217,000
Fixed Rate Subordinated Notes [Member]
Subordinated Debt [Line Items]
Subordinated debt, carrying amount	$ 16,002,000	$ 15,969,000

Subordinated Debt (Details)

Subordinated Debt (Details)	Sep. 17, 2008	Sep. 17, 2003USD ($)	Jun. 30, 2016USD ($)quarter	Dec. 31, 2015USD ($)	Aug. 28, 2015USD ($)	Sep. 16, 2008
Subordinated Debt [Line Items]
Subordinated debt, carrying amount			$ 23,219,000	$ 23,186,000
Number of maximum extended period for interest payment | quarter			20
Unamortized debt issuance costs			$ 598,000
Amount of fund established to encourage lending to small businesses by providing capital to qualified community banks with assets of less than $10 billion			30,000,000
Junior Subordinated Debt [Member]
Subordinated Debt [Line Items]
Securities issued by the trust		$ 7,000,000
Subordinated debt, carrying amount		$ 7,217,000	$ 7,217,000	$ 7,217,000
Interest rate (as a percentage)			3.606%	3.48%		6.75%
Variable Rate Basis	3
Spread on Variable Rate (as a percent)	2.95%
Subordinated Notes [Member]
Subordinated Debt [Line Items]
Subordinated debt, carrying amount			$ 16,002,000	$ 15,969,000
Interest rate (as a percentage)			3.61%	3.48%	6.75%	6.75%
Principal amount					$ 16,600,000

Accumulated Other Comprehensi45

Accumulated Other Comprehensive Income (Schedule of Components of Comprehensive Income) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Net income, gross	$ 2,138,000	$ 1,895,000	$ 3,681,000	$ 3,265,000
Net income, tax effect	(776,000)	(673,000)	(1,328,000)	(1,126,000)
Net income	1,362,000	1,222,000	2,353,000	2,139,000
Other comprehensive (loss) income:
Change in unrealized holding gains (losses) on securities available for sale, gross	395,000	(525,000)	1,482,000	226,000
Change in unrealized holding gains (losses) on securities available for sale, tax effect	(151,000)	200,000	(566,000)	(88,000)
Change in unrealized holding gains (losses) on securities available for sale, net	244,000	(325,000)	916,000	138,000
Reclassification adjustment for gains in net income, gross	(32,000)	0	(56,000)	(152,000)
Reclassification adjustment for gains in net income, tax effect	12,000	0	21,000	61,000
Reclassification adjustment for gains in net income, net	(20,000)	0	(35,000)	(91,000)
Accretion of loss on securities reclassified to held to maturity, gross	41,000	56,000	113,000	195,000
Accretion of loss on securities reclassified to held to maturity, tax effect	(16,000)	(22,000)	(43,000)	(74,000)
Accretion of loss on securities reclassified to held to maturity, net	25,000	34,000	70,000	121,000
Change in fair value of interest rate swap, gross	0	62,000	62,000	119,000
Change in fair value of interest rate swap, tax effect	0	(25,000)	(25,000)	(48,000)
Change in fair value of interest rate swap, net	0	37,000	37,000	71,000
Total other comprehensive income, gross	404,000	(407,000)	1,601,000	388,000
Total other comprehensive income, tax effect	(155,000)	153,000	(613,000)	(149,000)
Total other comprehensive income (loss)	249,000	(254,000)	988,000	239,000
Total comprehensive income, gross	2,542,000	1,488,000	5,282,000	3,653,000
Total comprehensive income, tax effect	(931,000)	(520,000)	(1,941,000)	(1,275,000)
Total comprehensive income	$ 1,611,000	$ 968,000	$ 3,341,000	$ 2,378,000

Accumulated Other Comprehensi46

Accumulated Other Comprehensive Income (Schedule of Components of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Unrealized gains and losses on available for sale (AFS) securities
Balance at the beginning	$ (106,000)	$ (464,000)	$ (845,000)	$ (957,000)
Other comprehensive income before reclassifications	269,000	(254,000)	1,023,000	330,000
Amounts reclassified from other comprehensive income	(20,000)	0	(35,000)	(91,000)
Other comprehensive income, net	249,000	(254,000)	988,000	239,000
Balance at the end	143,000	(718,000)	143,000	(718,000)
Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance at the beginning	47,000	(20,000)	(610,000)	(392,000)
Other comprehensive income before reclassifications	244,000	(325,000)	916,000	138,000
Amounts reclassified from other comprehensive income	(20,000)	0	(35,000)	(91,000)
Other comprehensive income, net	224,000	(325,000)	881,000	47,000
Balance at the end	271,000	(345,000)	271,000	(345,000)
Loss on securities reclassified from Available-for-Sale to Held to Maturity [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance at the beginning	(153,000)	(290,000)	(198,000)	(377,000)
Other comprehensive income before reclassifications	25,000	34,000	70,000	121,000
Amounts reclassified from other comprehensive income	0	0	0	0
Other comprehensive income, net	25,000	34,000	70,000	121,000
Balance at the end	(128,000)	(256,000)	(128,000)	(256,000)
Unrealized Gains and (Losses) on Derivatives [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance at the beginning	0	(154,000)	(37,000)	(188,000)
Other comprehensive income before reclassifications	0	37,000	37,000	71,000
Amounts reclassified from other comprehensive income	0	0	0	0
Other comprehensive income, net	0	37,000	37,000	71,000
Balance at the end	$ 0	$ (117,000)	$ 0	$ (117,000)

Accumulated Other Comprehensi47

Accumulated Other Comprehensive Income (Schedule of Amount Reclassified from each Component of Accumulated Other Comprehensive Income) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Unrealized gains on AFS securities before tax	$ 32,000	$ 0	$ 56,000	$ 152,000
Tax effect	(12,000)	0	(21,000)	(61,000)
Total net of tax	20,000	0	35,000	91,000
Total reclassifications, net of tax	$ 20,000	$ 0	$ 35,000	$ 91,000