Stewardship Financial (SSFN) 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 10, 2017
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	Mar. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		8,641,905
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,017

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 12,604	$ 11,508
Other interest-earning assets	189	172
Cash and cash equivalents	12,793	11,680
Securities available-for-sale	95,632	98,583
Securities held to maturity; estimated fair value of $52,072 (at March 31, 2017) and $51,530 (at December 31, 2016)	52,805	52,330
Federal Home Loan Bank of New York stock, at cost	3,784	3,515
Loans held for sale	188	773
Loans, net of allowance for loan losses of $8,246 (at March 31, 2017) and $7,905 (at December 31, 2016)	646,196	595,952
Premises and equipment, net	6,606	6,566
Accrued interest receivable	2,202	2,133
Other real estate owned, net	401	401
Bank owned life insurance	16,673	16,558
Other assets	7,119	7,044
Total assets	844,399	795,535
Deposits:
Noninterest-bearing	170,566	169,306
Interest-bearing	530,138	489,624
Total deposits	700,704	658,930
Federal Home Loan Bank of New York advances	65,200	59,200
Subordinated Debentures and Subordinated Notes	23,268	23,252
Accrued interest payable	1,099	794
Accrued expenses and other liabilities	1,711	1,972
Total liabilities	791,982	744,148
Shareholders' equity
Common stock, no par value; 10,000,000 shares authorized; 6,132,774 and 6,121,329 shares issued and outstanding at March 31, 2017, and December 31, 2016, respectively	41,775	41,626
Retained earnings	11,751	11,082
Accumulated other comprehensive income (loss), net	(1,109)	(1,321)
Total Shareholders' equity	52,417	51,387
Total liabilities and Shareholders' equity	$ 844,399	$ 795,535

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Securities held to maturity	$ 52,072	$ 51,530
Allowance for loan losses	$ 8,246	$ 7,905
Shareholders' equity
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	6,132,774	6,132,774
Common stock, shares outstanding (in shares)	6,121,329	6,121,329

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income:
Loans	$ 6,586	$ 5,652
Securities held to maturity:
Taxable	240	270
Nontaxable	59	103
Securities available-for-sale:
Taxable	486	377
Nontaxable	14	6
FHLB dividends	34	32
Other interest-earning assets	5	9
Total interest income	7,424	6,449
Interest expense:
Deposits	633	557
FHLB-NY Borrowings	243	203
Subordinated Debentures and Subordinated Notes	368	413
Total interest expense	1,244	1,173
Net interest income before provision for loan losses	6,180	5,276
Provision for loan losses	300	(350)
Net interest income after provision for loan losses	5,880	5,626
Noninterest income:
Fees and service charges	535	529
Bank owned life insurance	115	101
Gain on calls and sales of securities, net	0	24
Gain on sales of mortgage loans	17	18
Miscellaneous	132	147
Total noninterest income	799	819
Noninterest expenses:
Salaries and employee benefits	2,844	2,715
Occupancy, net	409	398
Equipment	162	150
Data processing	469	472
Advertising	136	151
FDIC insurance premium	77	106
Charitable contributions	125	70
Stationery and supplies	40	33
Legal	36	44
Bank-card related services	142	131
Other real estate owned, net	15	74
Miscellaneous	659	558
Total noninterest expenses	5,114	4,902
Income before income tax expense	1,565	1,543
Income tax expense	574	552
Net income	$ 991	$ 991
Basic and diluted earnings per common share (in usd per share)	$ 0.16	$ 0.16
Weighted average number of basic and diluted common shares outstanding (in shares)	6,124,926	6,092,351

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 991	$ 991
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses) on securities available-for-sale	205	672
Reclassification adjustment for gains in net income	0	(15)
Accretion of loss on securities reclassified to held to maturity	7	45
Change in fair value of interest rate swap	0	37
Total other comprehensive income	212	739
Total comprehensive income	$ 1,203	$ 1,730

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss), Net [Member]
Balance beginning at Dec. 31, 2015	$ 47,573	$ 41,410	$ 7,008	$ (845)
Balance beginning, shares at Dec. 31, 2015		6,085,528,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	(122)		(122)
Payment of discount on dividend reinvestment plan	(1)	$ (1)
Common stock issued under dividend reinvestment plan, shares		2,656,000
Common stock issued under dividend reinvestment plan	15	$ 15
Common stock issued under stock plans, shares		1,761,000
Common stock issued under stock plans	10	$ 10
Issuance of restricted stock, shares		34,332,000
Issuance of restricted stock	0	$ 198	(198)
Amortization of restricted stock, net, shares		(11,064,000)
Amortization of restricted stock, net	(18)	$ (63)	45
Tax benefit from restricted stock vesting	5	5
Net income	991		991
Other comprehensive income	739			739
Balance ending at Mar. 31, 2016	49,192	$ 41,574	7,724	(106)
Balance ending, shares at Mar. 31, 2016		6,113,213,000
Balance beginning at Dec. 31, 2016	$ 51,387	$ 41,626	11,082	(1,321)
Balance beginning, shares at Dec. 31, 2016	6,121,329	6,121,329,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared on common stock	$ (184)		(184)
Payment of discount on dividend reinvestment plan	(1)	$ (1)
Common stock issued under dividend reinvestment plan, shares		2,431,000
Common stock issued under dividend reinvestment plan	22	$ 22
Common stock issued under stock plans, shares		1,426,000
Common stock issued under stock plans	13	$ 13
Issuance of restricted stock, shares		20,876,000
Issuance of restricted stock	0	$ 185	(185)
Amortization of restricted stock, net, shares		(13,288,000)
Amortization of restricted stock, net	(71)	$ (118)	47
Tax benefit from restricted stock vesting	48	48
Net income	991		991
Other comprehensive income	212			212
Balance ending at Mar. 31, 2017	$ 52,417	$ 41,775	$ 11,751	$ (1,109)
Balance ending, shares at Mar. 31, 2017	6,121,329	6,132,774,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net income	$ 991,000	$ 991,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	96,000	95,000
Amortization of premiums and accretion of discounts, net	129,000	150,000
Amortization of restricted stock	(71,000)	(18,000)
Amortization of subordinated debenture issuance costs	16,000	17,000
Accretion of deferred loan fees	26,000	8,000
Provision for loan losses	300,000	(350,000)
Originations of mortgage loans held for sale	(2,846,000)	(1,058,000)
Proceeds from sale of mortgage loans	3,448,000	1,815,000
Gain on sales of mortgage loans	(17,000)	(18,000)
Gain on calls and sales of securities	0	(24,000)
Deferred income tax expense (benefit)	(190,000)	228,000
Excess tax benefit from restricted stock vesting	48,000	0
Increase in accrued interest receivable	(69,000)	(50,000)
Increase (decrease) in accrued interest payable	305,000	(297,000)
Earnings on bank owned life insurance	(115,000)	(101,000)
(Increase) decrease in other assets	(15,000)	294,000
Decrease in other liabilities	(261,000)	(206,000)
Net cash provided by operating activities	1,775,000	1,476,000
Cash flows from investing activities:
Purchase of securities available-for-sale	(524,000)	(8,409,000)
Proceeds from maturities and principal repayments on securities available-for-sale	3,709,000	3,039,000
Proceeds from sales and calls on securities available-for-sale	0	2,050,000
Purchase of securities held to maturity	(2,675,000)	(9,499,000)
Proceeds from maturities and principal repayments on securities held to maturity	1,839,000	1,516,000
Proceeds from calls on securities held to maturity	340,000	6,340,000
Purchase of FHLB-NY stock	(5,034,000)	0
Sale of FHLB-NY stock	4,765,000	0
Net increase in loans	(50,570,000)	(1,662,000)
Additions to premises and equipment	(136,000)	(22,000)
Net cash used in investing activities	(48,286,000)	(6,647,000)
Cash flows from financing activities:
Net increase in noninterest-bearing deposits	1,260,000	6,373,000
Net increase in interest-bearing deposits	40,514,000	1,300,000
Repayment of long term borrowings	(5,000,000)	0
Net increase in short term borrowings	11,000,000	0
Cash dividends paid on common stock	(184,000)	(122,000)
Payment of discount on dividend reinvestment plan	(1,000)	(1,000)
Issuance of common stock for cash	35,000	25,000
Tax benefit from restricted stock vesting	0	5,000
Net cash provided by financing activities	47,624,000	7,580,000
Net increase in cash and cash equivalents	1,113,000	2,409,000
Cash and cash equivalents - beginning	11,680,000	10,910,000
Cash and cash equivalents - ending	12,793,000	13,319,000
Supplemental disclosures of cash flow information:
Cash paid during the period for interest	938,000	1,470,000
Cash paid during the period for income taxes	592,000	39,000
Transfers from loans to other real estate owned	$ 0	$ 153,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
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, 2016 , filed with the SEC on March 22, 2017 (the “2016 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 months ended March 31, 2017 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 May 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, "Revenue from Contracts with Customers (Topic 606)", which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will be effective for interim and annual periods beginning after December 15, 2017 and will replace most existing revenue recognition guidance in U.S. GAAP. The Corporation does not expect the guidance to have a material effect on its consolidated financial statements as the ASU is not applicable to financial instruments and, therefore, will not affect the majority of the Corporation's revenues. 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 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. The Corporation's adoption of the guidance in the first quarter of 2017 did not have a material impact 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	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Securities - Available-for-Sale and Held to Maturity	Securities – Available-for-Sale and Held to Maturity The amortized cost, gross unrealized gains and losses and fair value of the available-for-sale securities were as follows: March 31, 2017 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. government-sponsored agencies $ 17,439 $ 48 $ 355 $ 17,132 Obligations of state and political subdivisions 3,233 3 98 3,138 Mortgage-backed securities 50,281 136 790 49,627 Asset-backed securities (a) 7,959 29 107 7,881 Corporate debt 14,488 103 443 14,148 Total debt securities 93,400 319 1,793 91,926 Other equity investments 3,912 — 206 3,706 $ 97,312 $ 319 $ 1,999 $ 95,632 December 31, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. government-sponsored agencies $ 17,789 $ 61 $ 405 $ 17,445 Obligations of state and political subdivisions 3,238 — 142 3,096 Mortgage-backed securities 52,785 150 889 52,046 Asset-backed securities (a) 8,392 — 125 8,267 Corporate debt 14,504 50 517 14,037 Total debt securities 96,708 261 2,078 94,891 Other equity investments 3,886 — 194 3,692 $ 100,594 $ 261 $ 2,272 $ 98,583 (a) Collateralized by student loans There were no cash proceeds realized from sales and calls of securities available-for-sale for the three months ended March 31, 2017 . Cash proceeds realized from sales and calls of securities available-for-sale for the three months ended March 31, 2016 were $2,050,000 . There were no gross gains and no gross losses realized on sales or calls during the three months ended March 31, 2017 or March 31, 2016 . The following is a summary of the amortized cost, gross unrealized gains and losses and fair value of the held to maturity securities: March 31, 2017 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. Treasury $ 999 $ — $ 3 $ 996 U.S. government-sponsored agencies 21,833 24 719 21,138 Obligations of state and political subdivisions 6,107 63 28 6,142 Mortgage-backed securities 23,866 126 196 23,796 $ 52,805 $ 213 $ 946 $ 52,072 December 31, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. Treasury $ 999 $ — $ 4 $ 995 U.S. government-sponsored agencies 19,162 28 865 18,325 Obligations of state and political subdivisions 7,102 75 30 7,147 Mortgage-backed securities 25,067 163 167 25,063 $ 52,330 $ 266 $ 1,066 $ 51,530 Cash proceeds realized from calls of securities held to maturity for the three months ended March 31, 2017 were $340,000 . Cash proceeds realized from calls of securities held to maturity for the three months ended March 31, 2016 were $6,340,000 . There were no gross gains and no gross losses realized on calls during the three months ended March 31, 2017 . There were gross gains totaling $24,000 and no gross losses realized on calls during the three months ended March 31, 2016 . 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. 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. March 31, 2017 Amortized Cost Fair Value (In thousands) Available-for-sale Within one year $ 1,000 $ 1,000 After one year, but within five years 6,495 6,469 After five years, but within ten years 21,852 21,336 After ten years 5,813 5,613 Mortgage-backed securities 50,281 49,627 Asset-backed securities 7,959 7,881 Total $ 93,400 $ 91,926 Held to maturity Within one year $ 1,699 $ 1,717 After one year, but within five years 8,000 8,062 After five years, but within ten years 18,737 18,022 After ten years 503 475 Mortgage-backed securities 23,866 23,796 Total $ 52,805 $ 52,072 The following tables summarize the fair value and unrealized losses of those investment securities which reported an unrealized loss at March 31, 2017 and December 31, 2016 , and if the unrealized loss position was continuous for the twelve months prior to March 31, 2017 and December 31, 2016 . Available-for-Sale March 31, 2017 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. government- sponsored agencies $ 10,385 $ (231 ) $ 3,422 $ (124 ) $ 13,807 $ (355 ) Obligations of state and political subdivisions 2,556 (98 ) — — 2,556 (98 ) Mortgage-backed securities 33,596 (686 ) 3,204 (104 ) 36,800 (790 ) Asset-backed securities — — 2,914 (107 ) 2,914 (107 ) Corporate debt 8,076 (411 ) 968 (32 ) 9,044 (443 ) Other equity investments — — 3,646 (206 ) 3,646 (206 ) Total temporarily impaired securities $ 54,613 $ (1,426 ) $ 14,154 $ (573 ) $ 68,767 $ (1,999 ) December 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. government- sponsored agencies $ 10,548 $ (260 ) $ 3,402 $ (145 ) $ 13,950 $ (405 ) Obligations of state and political subdivisions 3,095 (142 ) — — 3,095 (142 ) Mortgage-backed securities 35,009 (779 ) 3,360 (110 ) 38,369 (889 ) Asset-backed securities — — 8,267 (125 ) 8,267 (125 ) Corporate debt 8,031 (473 ) 956 (44 ) 8,987 (517 ) Other equity investments — — 3,632 (194 ) 3,632 (194 ) Total temporarily impaired securities $ 56,683 $ (1,654 ) $ 19,617 $ (618 ) $ 76,300 $ (2,272 ) Held to Maturity March 31, 2017 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. Treasury $ 996 $ (3 ) $ — $ — $ 996 $ (3 ) U.S. government- sponsored agencies 17,843 (719 ) — — 17,843 (719 ) Obligations of state and political subdivisions 476 (28 ) — — 476 (28 ) Mortgage-backed securities 14,174 (196 ) — — 14,174 (196 ) Total temporarily impaired securities $ 33,489 $ (946 ) $ — $ — $ 33,489 $ (946 ) December 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. Treasury $ 995 $ (4 ) $ — $ — $ 995 $ (4 ) U.S. government- sponsored agencies 17,022 (865 ) — — 17,022 (865 ) Obligations of state and political subdivisions 476 (30 ) — — 476 (30 ) Mortgage-backed securities 12,901 (167 ) — — 12,901 (167 ) Total temporarily impaired securities $ 31,394 $ (1,066 ) $ — $ — $ 31,394 $ (1,066 ) Other-Than-Temporary-Impairment At March 31, 2017 , there were available-for-sale investments comprising two U.S. government-sponsored agency securities, five mortgage-backed securities, one asset-backed security, one corporate debt security, 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 March 31, 2017 and December 31, 2016 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: 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. The Corporation 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	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses At March 31, 2017 and December 31, 2016 , respectively, the loan portfolio consisted of the following: March 31, December 31, (In thousands) Commercial: Secured by real estate $ 32,712 $ 34,213 Other 47,157 47,852 Commercial real estate 433,455 382,551 Commercial construction 16,158 14,943 Residential real estate 84,783 84,321 Consumer: Secured by real estate 30,346 30,176 Other 462 244 Government Guaranteed Loans - guaranteed portion 9,638 9,732 Other 58 51 Total gross loans 654,769 604,083 Less: Deferred loan costs, net 327 226 Allowance for loan losses 8,246 7,905 8,573 8,131 Loans, net $ 646,196 $ 595,952 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 loans. Activity in the allowance for loan losses is summarized as follows: For the three months ended March 31, 2017 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period (In thousands) Commercial $ 2,663 $ (118 ) $ (1 ) $ 16 $ 2,560 Commercial real estate 4,734 390 — 25 5,149 Commercial construction 355 29 — — 384 Residential real estate 66 (1 ) — — 65 Consumer 75 (3 ) — 1 73 Other loans — — — — — Unallocated 12 3 — — 15 Total $ 7,905 $ 300 $ (1 ) $ 42 $ 8,246 For the three months ended March 31, 2016 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period (In thousands) Commercial $ 3,698 $ (16 ) $ (2 ) $ 40 $ 3,720 Commercial real estate 4,660 (275 ) — 28 4,413 Commercial construction 114 (2 ) — — 112 Residential real estate 109 (3 ) — — 106 Consumer 118 — — 1 119 Other loans 3 (2 ) — — 1 Unallocated 121 (52 ) — — 69 Total $ 8,823 $ (350 ) $ (2 ) $ 69 $ 8,540 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 March 31, 2017 and December 31, 2016 . March 31, 2017 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total (In thousands) Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 8 $ 594 $ — $ — $ — $ — $ — $ — $ 602 Collectively evaluated for impairment 2,552 4,555 384 65 73 — — 15 7,644 Total ending allowance balance $ 2,560 $ 5,149 $ 384 $ 65 $ 73 $ — $ — $ 15 $ 8,246 Loans: Loans individually evaluated for impairment $ 1,526 $ 6,279 $ — $ — $ 75 $ — $ — $ — $ 7,880 Loans collectively evaluated for impairment 78,343 427,176 16,158 84,783 30,733 9,638 58 — 646,889 Total ending loan balance $ 79,869 $ 433,455 $ 16,158 $ 84,783 $ 30,808 $ 9,638 $ 58 $ — $ 654,769 December 31, 2016 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total (In thousands) Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 9 $ 601 $ — $ — $ — $ — $ — $ — $ 610 Collectively evaluated for impairment 2,654 4,133 355 66 75 — — 12 7,295 Total ending allowance balance $ 2,663 $ 4,734 $ 355 $ 66 $ 75 $ — $ — $ 12 $ 7,905 Loans: Loans individually evaluated for impairment $ 1,698 $ 6,331 $ — $ — $ 78 $ — $ — $ — $ 8,107 Loans collectively evaluated for impairment 80,367 376,220 14,943 84,321 30,342 9,732 51 — 595,976 Total ending loan balance $ 82,065 $ 382,551 $ 14,943 $ 84,321 $ 30,420 $ 9,732 $ 51 $ — $ 604,083 The following table presents the recorded investment in nonaccrual loans at the dates indicated: March 31, 2017 December 31, 2016 (In thousands) Commercial real estate $ 517 528 Consumer: Secured by real estate 75 78 Total nonaccrual loans $ 592 $ 606 At March 31, 2017 and December 31, 2016 , 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 three months ended March 31, 2017 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized (In thousands) With no related allowance recorded: Commercial: Secured by real estate $ 1,448 $ 1,321 $ 1,337 $ 26 Commercial real estate 3,421 3,120 3,138 31 Consumer: Secured by real estate 81 75 77 — With an allowance recorded: Commercial: Secured by real estate — — $ — 60 — Other 205 205 8 215 3 Commercial real estate 3,159 3,159 594 3,167 32 $ 8,314 $ 7,880 $ 602 $ 7,994 $ 92 During the three months ended March 31, 2017 , no interest income was recognized on a cash basis. At and for the year ended December 31, 2016 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized (In thousands) With no related allowance recorded: Commercial: Secured by real estate $ 1,481 $ 1,353 $ 2,018 $ 92 Other — — 27 — Commercial real estate 3,448 3,156 3,128 181 Consumer: Secured by real estate 81 78 81 — With an allowance recorded: Commercial: Secured by real estate 120 120 $ — 186 7 Other 225 225 9 247 17 Commercial real estate 3,175 3,175 601 4,109 130 $ 8,530 $ 8,107 $ 610 $ 9,796 $ 427 During the year ended December 31, 2016 , 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 March 31, 2017 and December 31, 2016 . Nonaccrual loans are included in the disclosure by payment status. March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Total (In thousands) Commercial: Secured by real estate $ — $ — $ — $ — $ 32,712 $ 32,712 Other — — — — 47,157 47,157 Commercial real estate — — — — 433,455 433,455 Commercial construction — — — — 16,158 16,158 Residential real estate 605 — — 605 84,178 84,783 Consumer: Secured by real estate 4 — 38 42 30,304 30,346 Other — — — — 462 462 Government Guaranteed — — — — 9,638 9,638 Other — — — — 58 58 Total $ 609 $ — $ 38 $ 647 $ 654,122 $ 654,769 December 31, 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 (In thousands) Commercial: Secured by real estate $ — $ — $ — $ — $ 34,213 $ 34,213 Other — — — — 47,852 47,852 Commercial real estate 106 — — 106 382,445 382,551 Commercial construction — — — — 14,943 14,943 Residential real estate — — — — 84,321 84,321 Consumer: Secured by real estate 6 — 40 46 30,130 30,176 Other — — — — 244 244 Government Guaranteed — — — — 9,732 9,732 Other — — — — 51 51 Total $ 112 $ — $ 40 $ 152 $ 603,931 $ 604,083 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 March 31, 2017 and December 31, 2016 , the Corporation had $7.8 million and $8.0 million , respectively, of loans whose terms have been modified in troubled debt restructurings. Of these loans, $7.3 million and $7.5 million were performing in accordance with their new terms at March 31, 2017 and December 31, 2016 , respectively. The remaining troubled debt restructurings are reported as nonaccrual loans. Specific reserves of $602,000 and $610,000 have been allocated for the troubled debt restructurings at March 31, 2017 and December 31, 2016 , respectively. As of March 31, 2017 and December 31, 2016 , the Corporation has committed $205,000 and $190,000 , respectively, 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 months ended March 31, 2017 or March 31, 2016 . 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 March 31, 2017 and December 31, 2016 , and based on the most recent analysis performed at those times, the risk category of loans by class is as follows: March 31, 2017 Pass Special Mention Substandard Doubtful Loss Total (In thousands) Commercial: Secured by real estate $ 30,175 $ 2,105 $ 432 $ — $ — $ 32,712 Other 46,345 238 574 — — 47,157 Commercial real estate 417,900 13,624 1,931 — — 433,455 Commercial construction 16,158 — — — — 16,158 Total $ 510,578 $ 15,967 $ 2,937 $ — $ — $ 529,482 December 31, 2016 Pass Special Mention Substandard Doubtful Loss Total (In thousands) Commercial: Secured by real estate $ 32,159 $ 1,601 $ 453 $ — $ — $ 34,213 Other 46,865 404 583 — — 47,852 Commercial real estate 366,251 14,345 1,955 — — 382,551 Commercial construction 14,943 — — — — 14,943 Total $ 460,218 $ 16,350 $ 2,991 $ — $ — $ 479,559 The Corporation considers the performance of the loan portfolio and its impact on the allowance for loans losses. For the 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 March 31, 2017 and December 31, 2016 . March 31, 2017 Current Past Due and Nonaccrual Total (In thousands) Residential real estate $ 84,178 $ 605 $ 84,783 Consumer: Secured by real estate 30,304 42 30,346 Other 462 — 462 Total $ 114,944 $ 647 $ 115,591 December 31, 2016 Current Past Due and Nonaccrual Total (In thousands) Residential real estate $ 84,321 $ — $ 84,321 Consumer: Secured by real estate 30,130 46 30,176 Other 244 — 244 Total $ 114,695 $ 46 $ 114,741

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 (In thousands) Assets: Available-for-sale securities U.S. government - sponsored agencies $ 17,132 $ — $ 17,132 $ — Obligations of state and political subdivisions 3,138 — 3,138 — Mortgage-backed securities 49,627 — 49,627 — Asset-backed securities 7,881 — 7,881 — Corporate debt 14,148 — 14,148 — Other equity investments 3,706 3,646 60 — Total available-for-sale securities $ 95,632 $ 3,646 $ 91,986 $ — 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, 2016 (In thousands) Assets: Available-for-sale securities U.S. government - sponsored agencies $ 17,445 $ — $ 17,445 $ — Obligations of state and political subdivisions 3,096 — 3,096 — Mortgage-backed securities 52,046 — 52,046 — Asset-backed securities 8,267 — 8,267 — Corporate debt 14,037 — 14,037 — Other equity investments 3,692 3,632 60 — Total available-for-sale securities $ 98,583 $ 3,632 $ 94,951 $ — There were no transfers of assets between Level 1 and Level 2 during the three months ended March 31, 2017 or during the year ended December 31, 2016 . There were no changes to the valuation techniques for fair value measurements as of March 31, 2017 and December 31, 2016 . Assets and Liabilities Measured on a Non-Recurring Basis There were no assets or liabilities measured at fair value on a non-recurring basis as of March 31, 2017. Assets and liabilities measured at fair value on a non-recurring basis as of December 31, 2016 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 December 31, 2016 (In thousands) Assets: Impaired loans Commercial real estate $ 528 $ — $ — $ 528 Other Real Estate Owned 401 — — 401 $ 929 $ — $ — $ 929 There were no collateral-dependent impaired loans measured for impairment using the fair value of the collateral as of and for the three months ended March 31, 2017. Collateral-dependent impaired loans measured for impairment using the fair value of the collateral had a recorded investment value of $528,000 , with no valuation allowance, resulting in no change of the allocation for loan losses for the year ended December 31, 2016 . At December 31, 2016 , OREO had a recorded investment value of $404,000 with a $ 3,000 valuation allowance. There were no additional valuation allowances recorded during the three months ended March 31, 2017. Additional valuation allowances of $20,000 were recorded during the three months ended March 31, 2016 . For the Level 3 assets measured at fair value on a non-recurring basis December 31, 2016 , the significant unobservable inputs used in the fair value measurements were as follows: December 31, 2016 Fair Assets Value Valuation Technique Unobservable Inputs Range (Dollars in thousands) Impaired loans $ 528 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 5% Estimated selling costs. 7% Other real estate owned $ 401 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 2% 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 March 31, 2017 (In thousands) Financial assets: Cash and cash equivalents $ 12,793 $ 12,793 $ — $ — Securities available-for-sale 95,632 3,646 91,986 — Securities held to maturity 52,805 — 52,072 — FHLB-NY stock 3,784 N/A N/A N/A Mortgage loans held for sale 188 — — 188 Loans, net 646,196 — — 642,653 Financial liabilities: Deposits 700,704 509,476 190,735 — FHLB-NY advances 65,200 — 65,154 — Subordinated Debentures and Subordinated Notes 23,268 — — 24,405 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, 2016 (In thousands) Financial assets: Cash and cash equivalents $ 11,680 $ 11,680 $ — $ — Securities available-for-sale 98,583 3,632 94,951 — Securities held to maturity 52,330 — 51,530 — FHLB-NY stock 3,515 N/A N/A N/A Mortgage loans held for sale 773 — — 773 Loans, net 595,952 — — 596,506 Financial liabilities: Deposits 658,930 503,949 154,724 — FHLB-NY advances 59,200 — 59,174 — Subordinated Debentures and Subordinated Notes 23,252 — — 23,230 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. 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. 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 March 31, 2017 and December 31, 2016 the fair value of such commitments were not material. Limitations The preceding fair value estimates were made at March 31, 2017 and December 31, 2016 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 March 31, 2017 and December 31, 2016 , 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	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per 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 March 31, 2017 2016 (Dollars in thousands) Net income $ 991 $ 991 Weighted average common shares outstanding - basic 6,124,926 6,092,351 Effect of dilutive securities - stock options N/A N/A Weighted average common shares outstanding - diluted 6,124,926 6,092,351 Basic earnings per common share $ 0.16 $ 0.16 Diluted earnings per common share $ 0.16 $ 0.16 There were no stock options to purchase shares of common stock for the three months ended March 31, 2017 and 2016 .

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 2016 Gross Tax Net Gross Tax Net (In thousands) Net income $ 1,565 $ (574 ) $ 991 $ 1,543 $ (552 ) $ 991 Other comprehensive income (loss): Change in unrealized holding gains (losses) on securities available-for-sale 331 (126 ) 205 1,087 (415 ) 672 Reclassification adjustment for gains in net income — — — (24 ) 9 (15 ) Accretion of loss on securities reclassified to held to maturity 11 (4 ) 7 72 (27 ) 45 Change in fair value of interest rate swap — — — 62 (25 ) 37 Total other comprehensive income 342 (130 ) 212 1,197 (458 ) 739 Total comprehensive income $ 1,907 $ (704 ) $ 1,203 $ 2,740 $ (1,010 ) $ 1,730 The following tables present the after-tax changes in the balances of each component of accumulated other comprehensive income for the three months ended March 31, 2017 and 2016 . Three Months Ended March 31, 2017 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) (In thousands) Balance at December 31, 2016 $ (1,243 ) $ (78 ) $ — $ (1,321 ) Other comprehensive income before reclassifications 205 7 — 212 Amounts reclassified from other comprehensive income — — — — Other comprehensive income 205 7 — 212 Balance at March 31, 2017 $ (1,038 ) $ (71 ) $ — $ (1,109 ) Three Months Ended March 31, 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) (In thousands) Balance at December 31, 2015 $ (610 ) $ (198 ) $ (37 ) $ (845 ) Other comprehensive income (loss) before reclassifications 672 45 37 754 Amounts reclassified from other comprehensive income (15 ) — — (15 ) Other comprehensive income (loss), net 657 45 37 739 Balance at March 31, 2016 $ 47 $ (153 ) $ — $ (106 ) 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 months ended March 31, 2017 and 2016 . Three Months Ended Income Components of Accumulated Other March 31, Statement Comprehensive Income 2017 2016 Line Item (In thousands) Unrealized gains on AFS securities before tax $ — $ 24 Gains on securities transactions, net Tax effect — (9 ) Total net of tax — 15 Total reclassifications, net of tax $ — $ 15

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On April 17, 2017, the Corporation closed the underwritten public offering of 2,509,090 shares of the Corporation’s common stock, which includes 327,272 shares issued pursuant to the full exercise of the underwriter’s over-allotment option, at a price to the public of $8.25 per share, for aggregate gross proceeds of approximately $20.7 million . The net proceeds to the Corporation, after deducting the underwriting discount and estimated offering expenses, were approximately $18.8 million . The Corporation expects to use the net proceeds of this offering to support organic growth and other general corporate purposes.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
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, 2016 , filed with the SEC on March 22, 2017 (the “2016 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 months ended March 31, 2017 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 May 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, "Revenue from Contracts with Customers (Topic 606)", which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will be effective for interim and annual periods beginning after December 15, 2017 and will replace most existing revenue recognition guidance in U.S. GAAP. The Corporation does not expect the guidance to have a material effect on its consolidated financial statements as the ASU is not applicable to financial instruments and, therefore, will not affect the majority of the Corporation's revenues. 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 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. The Corporation's adoption of the guidance in the first quarter of 2017 did not have a material impact 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)	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Fair Value of Securities Available For Sale and Related Gross Unrealized Gains and Losses	The amortized cost, gross unrealized gains and losses and fair value of the available-for-sale securities were as follows: March 31, 2017 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. government-sponsored agencies $ 17,439 $ 48 $ 355 $ 17,132 Obligations of state and political subdivisions 3,233 3 98 3,138 Mortgage-backed securities 50,281 136 790 49,627 Asset-backed securities (a) 7,959 29 107 7,881 Corporate debt 14,488 103 443 14,148 Total debt securities 93,400 319 1,793 91,926 Other equity investments 3,912 — 206 3,706 $ 97,312 $ 319 $ 1,999 $ 95,632 December 31, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. government-sponsored agencies $ 17,789 $ 61 $ 405 $ 17,445 Obligations of state and political subdivisions 3,238 — 142 3,096 Mortgage-backed securities 52,785 150 889 52,046 Asset-backed securities (a) 8,392 — 125 8,267 Corporate debt 14,504 50 517 14,037 Total debt securities 96,708 261 2,078 94,891 Other equity investments 3,886 — 194 3,692 $ 100,594 $ 261 $ 2,272 $ 98,583 (a) Collateralized by student loans
Schedule of Held to Maturity Securities and Related Unrecognized Gains and Losses	The following is a summary of the amortized cost, gross unrealized gains and losses and fair value of the held to maturity securities: March 31, 2017 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. Treasury $ 999 $ — $ 3 $ 996 U.S. government-sponsored agencies 21,833 24 719 21,138 Obligations of state and political subdivisions 6,107 63 28 6,142 Mortgage-backed securities 23,866 126 196 23,796 $ 52,805 $ 213 $ 946 $ 52,072 December 31, 2016 Amortized Gross Unrealized Fair Cost Gains Losses Value (In thousands) U.S. Treasury $ 999 $ — $ 4 $ 995 U.S. government-sponsored agencies 19,162 28 865 18,325 Obligations of state and political subdivisions 7,102 75 30 7,147 Mortgage-backed securities 25,067 163 167 25,063 $ 52,330 $ 266 $ 1,066 $ 51,530
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. March 31, 2017 Amortized Cost Fair Value (In thousands) Available-for-sale Within one year $ 1,000 $ 1,000 After one year, but within five years 6,495 6,469 After five years, but within ten years 21,852 21,336 After ten years 5,813 5,613 Mortgage-backed securities 50,281 49,627 Asset-backed securities 7,959 7,881 Total $ 93,400 $ 91,926 Held to maturity Within one year $ 1,699 $ 1,717 After one year, but within five years 8,000 8,062 After five years, but within ten years 18,737 18,022 After ten years 503 475 Mortgage-backed securities 23,866 23,796 Total $ 52,805 $ 52,072
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 March 31, 2017 and December 31, 2016 , and if the unrealized loss position was continuous for the twelve months prior to March 31, 2017 and December 31, 2016 . Available-for-Sale March 31, 2017 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. government- sponsored agencies $ 10,385 $ (231 ) $ 3,422 $ (124 ) $ 13,807 $ (355 ) Obligations of state and political subdivisions 2,556 (98 ) — — 2,556 (98 ) Mortgage-backed securities 33,596 (686 ) 3,204 (104 ) 36,800 (790 ) Asset-backed securities — — 2,914 (107 ) 2,914 (107 ) Corporate debt 8,076 (411 ) 968 (32 ) 9,044 (443 ) Other equity investments — — 3,646 (206 ) 3,646 (206 ) Total temporarily impaired securities $ 54,613 $ (1,426 ) $ 14,154 $ (573 ) $ 68,767 $ (1,999 ) December 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. government- sponsored agencies $ 10,548 $ (260 ) $ 3,402 $ (145 ) $ 13,950 $ (405 ) Obligations of state and political subdivisions 3,095 (142 ) — — 3,095 (142 ) Mortgage-backed securities 35,009 (779 ) 3,360 (110 ) 38,369 (889 ) Asset-backed securities — — 8,267 (125 ) 8,267 (125 ) Corporate debt 8,031 (473 ) 956 (44 ) 8,987 (517 ) Other equity investments — — 3,632 (194 ) 3,632 (194 ) Total temporarily impaired securities $ 56,683 $ (1,654 ) $ 19,617 $ (618 ) $ 76,300 $ (2,272 ) Held to Maturity March 31, 2017 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. Treasury $ 996 $ (3 ) $ — $ — $ 996 $ (3 ) U.S. government- sponsored agencies 17,843 (719 ) — — 17,843 (719 ) Obligations of state and political subdivisions 476 (28 ) — — 476 (28 ) Mortgage-backed securities 14,174 (196 ) — — 14,174 (196 ) Total temporarily impaired securities $ 33,489 $ (946 ) $ — $ — $ 33,489 $ (946 ) December 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In thousands) U.S. Treasury $ 995 $ (4 ) $ — $ — $ 995 $ (4 ) U.S. government- sponsored agencies 17,022 (865 ) — — 17,022 (865 ) Obligations of state and political subdivisions 476 (30 ) — — 476 (30 ) Mortgage-backed securities 12,901 (167 ) — — 12,901 (167 ) Total temporarily impaired securities $ 31,394 $ (1,066 ) $ — $ — $ 31,394 $ (1,066 )

Loans and Allowance for Loan 17

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loan Portfolio Schedule	At March 31, 2017 and December 31, 2016 , respectively, the loan portfolio consisted of the following: March 31, December 31, (In thousands) Commercial: Secured by real estate $ 32,712 $ 34,213 Other 47,157 47,852 Commercial real estate 433,455 382,551 Commercial construction 16,158 14,943 Residential real estate 84,783 84,321 Consumer: Secured by real estate 30,346 30,176 Other 462 244 Government Guaranteed Loans - guaranteed portion 9,638 9,732 Other 58 51 Total gross loans 654,769 604,083 Less: Deferred loan costs, net 327 226 Allowance for loan losses 8,246 7,905 8,573 8,131 Loans, net $ 646,196 $ 595,952
Schedule of Allowance for Loan Losses	Activity in the allowance for loan losses is summarized as follows: For the three months ended March 31, 2017 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period (In thousands) Commercial $ 2,663 $ (118 ) $ (1 ) $ 16 $ 2,560 Commercial real estate 4,734 390 — 25 5,149 Commercial construction 355 29 — — 384 Residential real estate 66 (1 ) — — 65 Consumer 75 (3 ) — 1 73 Other loans — — — — — Unallocated 12 3 — — 15 Total $ 7,905 $ 300 $ (1 ) $ 42 $ 8,246 For the three months ended March 31, 2016 Balance, beginning of period Provision charged to operations Loans charged off Recoveries of loans charged off Balance, end of period (In thousands) Commercial $ 3,698 $ (16 ) $ (2 ) $ 40 $ 3,720 Commercial real estate 4,660 (275 ) — 28 4,413 Commercial construction 114 (2 ) — — 112 Residential real estate 109 (3 ) — — 106 Consumer 118 — — 1 119 Other loans 3 (2 ) — — 1 Unallocated 121 (52 ) — — 69 Total $ 8,823 $ (350 ) $ (2 ) $ 69 $ 8,540 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 March 31, 2017 and December 31, 2016 . March 31, 2017 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total (In thousands) Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 8 $ 594 $ — $ — $ — $ — $ — $ — $ 602 Collectively evaluated for impairment 2,552 4,555 384 65 73 — — 15 7,644 Total ending allowance balance $ 2,560 $ 5,149 $ 384 $ 65 $ 73 $ — $ — $ 15 $ 8,246 Loans: Loans individually evaluated for impairment $ 1,526 $ 6,279 $ — $ — $ 75 $ — $ — $ — $ 7,880 Loans collectively evaluated for impairment 78,343 427,176 16,158 84,783 30,733 9,638 58 — 646,889 Total ending loan balance $ 79,869 $ 433,455 $ 16,158 $ 84,783 $ 30,808 $ 9,638 $ 58 $ — $ 654,769 December 31, 2016 Commercial Commercial Real Estate Commercial Construction Residential Real Estate Consumer Government Guaranteed Other Loans Unallocated Total (In thousands) Allowance for loan losses Ending allowance balance attributable to loans Individually evaluated for impairment $ 9 $ 601 $ — $ — $ — $ — $ — $ — $ 610 Collectively evaluated for impairment 2,654 4,133 355 66 75 — — 12 7,295 Total ending allowance balance $ 2,663 $ 4,734 $ 355 $ 66 $ 75 $ — $ — $ 12 $ 7,905 Loans: Loans individually evaluated for impairment $ 1,698 $ 6,331 $ — $ — $ 78 $ — $ — $ — $ 8,107 Loans collectively evaluated for impairment 80,367 376,220 14,943 84,321 30,342 9,732 51 — 595,976 Total ending loan balance $ 82,065 $ 382,551 $ 14,943 $ 84,321 $ 30,420 $ 9,732 $ 51 $ — $ 604,083
Schedule of Recorded Investment in Nonaccrual Loans	The following table presents the recorded investment in nonaccrual loans at the dates indicated: March 31, 2017 December 31, 2016 (In thousands) Commercial real estate $ 517 528 Consumer: Secured by real estate 75 78 Total nonaccrual loans $ 592 $ 606
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 three months ended March 31, 2017 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized (In thousands) With no related allowance recorded: Commercial: Secured by real estate $ 1,448 $ 1,321 $ 1,337 $ 26 Commercial real estate 3,421 3,120 3,138 31 Consumer: Secured by real estate 81 75 77 — With an allowance recorded: Commercial: Secured by real estate — — $ — 60 — Other 205 205 8 215 3 Commercial real estate 3,159 3,159 594 3,167 32 $ 8,314 $ 7,880 $ 602 $ 7,994 $ 92 During the three months ended March 31, 2017 , no interest income was recognized on a cash basis. At and for the year ended December 31, 2016 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized (In thousands) With no related allowance recorded: Commercial: Secured by real estate $ 1,481 $ 1,353 $ 2,018 $ 92 Other — — 27 — Commercial real estate 3,448 3,156 3,128 181 Consumer: Secured by real estate 81 78 81 — With an allowance recorded: Commercial: Secured by real estate 120 120 $ — 186 7 Other 225 225 9 247 17 Commercial real estate 3,175 3,175 601 4,109 130 $ 8,530 $ 8,107 $ 610 $ 9,796 $ 427
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 March 31, 2017 and December 31, 2016 . Nonaccrual loans are included in the disclosure by payment status. March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Total (In thousands) Commercial: Secured by real estate $ — $ — $ — $ — $ 32,712 $ 32,712 Other — — — — 47,157 47,157 Commercial real estate — — — — 433,455 433,455 Commercial construction — — — — 16,158 16,158 Residential real estate 605 — — 605 84,178 84,783 Consumer: Secured by real estate 4 — 38 42 30,304 30,346 Other — — — — 462 462 Government Guaranteed — — — — 9,638 9,638 Other — — — — 58 58 Total $ 609 $ — $ 38 $ 647 $ 654,122 $ 654,769 December 31, 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 (In thousands) Commercial: Secured by real estate $ — $ — $ — $ — $ 34,213 $ 34,213 Other — — — — 47,852 47,852 Commercial real estate 106 — — 106 382,445 382,551 Commercial construction — — — — 14,943 14,943 Residential real estate — — — — 84,321 84,321 Consumer: Secured by real estate 6 — 40 46 30,130 30,176 Other — — — — 244 244 Government Guaranteed — — — — 9,732 9,732 Other — — — — 51 51 Total $ 112 $ — $ 40 $ 152 $ 603,931 $ 604,083
Schedule of Loans by Credit Quality Indicators	As of March 31, 2017 and December 31, 2016 , and based on the most recent analysis performed at those times, the risk category of loans by class is as follows: March 31, 2017 Pass Special Mention Substandard Doubtful Loss Total (In thousands) Commercial: Secured by real estate $ 30,175 $ 2,105 $ 432 $ — $ — $ 32,712 Other 46,345 238 574 — — 47,157 Commercial real estate 417,900 13,624 1,931 — — 433,455 Commercial construction 16,158 — — — — 16,158 Total $ 510,578 $ 15,967 $ 2,937 $ — $ — $ 529,482 December 31, 2016 Pass Special Mention Substandard Doubtful Loss Total (In thousands) Commercial: Secured by real estate $ 32,159 $ 1,601 $ 453 $ — $ — $ 34,213 Other 46,865 404 583 — — 47,852 Commercial real estate 366,251 14,345 1,955 — — 382,551 Commercial construction 14,943 — — — — 14,943 Total $ 460,218 $ 16,350 $ 2,991 $ — $ — $ 479,559
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 March 31, 2017 and December 31, 2016 . March 31, 2017 Current Past Due and Nonaccrual Total (In thousands) Residential real estate $ 84,178 $ 605 $ 84,783 Consumer: Secured by real estate 30,304 42 30,346 Other 462 — 462 Total $ 114,944 $ 647 $ 115,591 December 31, 2016 Current Past Due and Nonaccrual Total (In thousands) Residential real estate $ 84,321 $ — $ 84,321 Consumer: Secured by real estate 30,130 46 30,176 Other 244 — 244 Total $ 114,695 $ 46 $ 114,741

Fair Value of Financial Instr18

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 (In thousands) Assets: Available-for-sale securities U.S. government - sponsored agencies $ 17,132 $ — $ 17,132 $ — Obligations of state and political subdivisions 3,138 — 3,138 — Mortgage-backed securities 49,627 — 49,627 — Asset-backed securities 7,881 — 7,881 — Corporate debt 14,148 — 14,148 — Other equity investments 3,706 3,646 60 — Total available-for-sale securities $ 95,632 $ 3,646 $ 91,986 $ — 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, 2016 (In thousands) Assets: Available-for-sale securities U.S. government - sponsored agencies $ 17,445 $ — $ 17,445 $ — Obligations of state and political subdivisions 3,096 — 3,096 — Mortgage-backed securities 52,046 — 52,046 — Asset-backed securities 8,267 — 8,267 — Corporate debt 14,037 — 14,037 — Other equity investments 3,692 3,632 60 — Total available-for-sale securities $ 98,583 $ 3,632 $ 94,951 $ —
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 as of December 31, 2016 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 December 31, 2016 (In thousands) Assets: Impaired loans Commercial real estate $ 528 $ — $ — $ 528 Other Real Estate Owned 401 — — 401 $ 929 $ — $ — $ 929
Schedule of Fair Value Assumptions for Level 3 Asset Measurements	For the Level 3 assets measured at fair value on a non-recurring basis December 31, 2016 , the significant unobservable inputs used in the fair value measurements were as follows: December 31, 2016 Fair Assets Value Valuation Technique Unobservable Inputs Range (Dollars in thousands) Impaired loans $ 528 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 5% Estimated selling costs. 7% Other real estate owned $ 401 Comparable real estate sales and / or the income approach. Adjustments for differences between comparable sales and income data available. 2% 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 March 31, 2017 (In thousands) Financial assets: Cash and cash equivalents $ 12,793 $ 12,793 $ — $ — Securities available-for-sale 95,632 3,646 91,986 — Securities held to maturity 52,805 — 52,072 — FHLB-NY stock 3,784 N/A N/A N/A Mortgage loans held for sale 188 — — 188 Loans, net 646,196 — — 642,653 Financial liabilities: Deposits 700,704 509,476 190,735 — FHLB-NY advances 65,200 — 65,154 — Subordinated Debentures and Subordinated Notes 23,268 — — 24,405 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, 2016 (In thousands) Financial assets: Cash and cash equivalents $ 11,680 $ 11,680 $ — $ — Securities available-for-sale 98,583 3,632 94,951 — Securities held to maturity 52,330 — 51,530 — FHLB-NY stock 3,515 N/A N/A N/A Mortgage loans held for sale 773 — — 773 Loans, net 595,952 — — 596,506 Financial liabilities: Deposits 658,930 503,949 154,724 — FHLB-NY advances 59,200 — 59,174 — Subordinated Debentures and Subordinated Notes 23,252 — — 23,230

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 2016 (Dollars in thousands) Net income $ 991 $ 991 Weighted average common shares outstanding - basic 6,124,926 6,092,351 Effect of dilutive securities - stock options N/A N/A Weighted average common shares outstanding - diluted 6,124,926 6,092,351 Basic earnings per common share $ 0.16 $ 0.16 Diluted earnings per common share $ 0.16 $ 0.16

Accumulated Other Comprehensi20

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 2016 Gross Tax Net Gross Tax Net (In thousands) Net income $ 1,565 $ (574 ) $ 991 $ 1,543 $ (552 ) $ 991 Other comprehensive income (loss): Change in unrealized holding gains (losses) on securities available-for-sale 331 (126 ) 205 1,087 (415 ) 672 Reclassification adjustment for gains in net income — — — (24 ) 9 (15 ) Accretion of loss on securities reclassified to held to maturity 11 (4 ) 7 72 (27 ) 45 Change in fair value of interest rate swap — — — 62 (25 ) 37 Total other comprehensive income 342 (130 ) 212 1,197 (458 ) 739 Total comprehensive income $ 1,907 $ (704 ) $ 1,203 $ 2,740 $ (1,010 ) $ 1,730
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 months ended March 31, 2017 and 2016 . Three Months Ended March 31, 2017 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) (In thousands) Balance at December 31, 2016 $ (1,243 ) $ (78 ) $ — $ (1,321 ) Other comprehensive income before reclassifications 205 7 — 212 Amounts reclassified from other comprehensive income — — — — Other comprehensive income 205 7 — 212 Balance at March 31, 2017 $ (1,038 ) $ (71 ) $ — $ (1,109 ) Three Months Ended March 31, 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) (In thousands) Balance at December 31, 2015 $ (610 ) $ (198 ) $ (37 ) $ (845 ) Other comprehensive income (loss) before reclassifications 672 45 37 754 Amounts reclassified from other comprehensive income (15 ) — — (15 ) Other comprehensive income (loss), net 657 45 37 739 Balance at March 31, 2016 $ 47 $ (153 ) $ — $ (106 )
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 months ended March 31, 2017 and 2016 . Three Months Ended Income Components of Accumulated Other March 31, Statement Comprehensive Income 2017 2016 Line Item (In thousands) Unrealized gains on AFS securities before tax $ — $ 24 Gains on securities transactions, net Tax effect — (9 ) Total net of tax — 15 Total reclassifications, net of tax $ — $ 15

Securities - Available-for-Sa21

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 ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Available for sale securities
Amortized Cost	$ 97,312	$ 100,594
Gross Unrealized Gains	319	261
Gross Unrealized Losses	1,999	2,272
Fair Value	95,632	98,583
U.S. government-sponsored agencies [Member]
Available for sale securities
Amortized Cost	17,439	17,789
Gross Unrealized Gains	48	61
Gross Unrealized Losses	355	405
Fair Value	17,132	17,445
Obligations of state and political and subdivisions [Member]
Available for sale securities
Amortized Cost	3,233	3,238
Gross Unrealized Gains	3	0
Gross Unrealized Losses	98	142
Fair Value	3,138	3,096
Mortgage-backed securities [Member]
Available for sale securities
Amortized Cost	50,281	52,785
Gross Unrealized Gains	136	150
Gross Unrealized Losses	790	889
Fair Value	49,627	52,046
Asset-backed Securities [Member]
Available for sale securities
Amortized Cost	7,959	8,392
Gross Unrealized Gains	29	0
Gross Unrealized Losses	107	125
Fair Value	7,881	8,267
Corporate Debt Securities [Member]
Available for sale securities
Amortized Cost	14,488	14,504
Gross Unrealized Gains	103	50
Gross Unrealized Losses	443	517
Fair Value	14,148	14,037
Total debt securities [Member]
Available for sale securities
Amortized Cost	93,400	96,708
Gross Unrealized Gains	319	261
Gross Unrealized Losses	1,793	2,078
Fair Value	91,926	94,891
Other equity investments [Member]
Available for sale securities
Amortized Cost	3,912	3,886
Gross Unrealized Gains	0	0
Gross Unrealized Losses	206	194
Fair Value	$ 3,706	$ 3,692

Securities - Available-for-Sa22

Securities - Available-for-Sale and Held to Maturity (Narrative) (Details)	3 Months Ended
	Mar. 31, 2017USD ($)item	Mar. 31, 2016USD ($)
Schedule of Available-for-sale Securities [Line Items]
Cash proceeds realized from sales and calls of securities available for sale	$ 0	$ 2,050,000
Gross realized gain from sales and calls of securities available for sale		0
Gross realized losses from sales and calls of securities available for sale	0	0
Proceeds from calls on securities held to maturity	340,000	6,340,000
Gross realized gain from calls on securities held to maturity	0	24,000
Gross realized losses calls on securities held to maturity	$ 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	2
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
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
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	1
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

Securities - Available-for-Sa23

Securities - Available-for-Sale and Held to Maturity (Schedule of Held to Maturity Securities and Related Unrecognized Gains and Losses) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Held to maturity securities
Amortized Cost	$ 52,805	$ 52,330
Gross Unrealized Gains	213	266
Gross Unrealized Losses	946	1,066
Fair Value	52,072	51,530
U.S. Treasury [Member]
Held to maturity securities
Amortized Cost	999	999
Gross Unrealized Gains	0	0
Gross Unrealized Losses	3	4
Fair Value	996	995
U.S. government-sponsored agencies [Member]
Held to maturity securities
Amortized Cost	21,833	19,162
Gross Unrealized Gains	24	28
Gross Unrealized Losses	719	865
Fair Value	21,138	18,325
Obligations of state and political and subdivisions [Member]
Held to maturity securities
Amortized Cost	6,107	7,102
Gross Unrealized Gains	63	75
Gross Unrealized Losses	28	30
Fair Value	6,142	7,147
Mortgage-backed securities [Member]
Held to maturity securities
Amortized Cost	23,866	25,067
Gross Unrealized Gains	126	163
Gross Unrealized Losses	196	167
Fair Value	$ 23,796	$ 25,063

Securities - Available-for-Sa24

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 ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Amortized Cost
Within one year	$ 1,000
After one year, but within five years	6,495
After five years, but within ten years	21,852
After ten years	5,813
Total	93,400
Fair Value
Within one year	1,000
After one year, but within five years	6,469
After five years, but within ten years	21,336
After ten years	5,613
Total	91,926
Amortized Cost
Within one year	1,699
After one year, but within five years	8,000
After five years, but within ten years	18,737
After ten years	503
Total	52,805	$ 52,330
Fair Value
Within one year	1,717
After one year, but within five years	8,062
After five years, but within ten years	18,022
After ten years	475
Total	52,072	51,530
Mortgage-backed securities [Member]
Amortized Cost
Total	50,281
Fair Value
Total	49,627
Amortized Cost
Total	23,866
Fair Value
Total	23,796	$ 25,063
Asset-backed Securities [Member]
Amortized Cost
Total	7,959
Fair Value
Total	$ 7,881

Securities - Available-for-Sa25

Securities - Available-for-Sale and Held to Maturity (Schedule of Continuous Unrealized Loss Position for Investment Securities Available for Sale) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	$ 54,613	$ 56,683
Less than 12 Months, Unrealized Losses	(1,426)	(1,654)
12 Months or Longer, Fair Value	14,154	19,617
12 Months or Longer, Unrealized Losses	(573)	(618)
Fair Value	68,767	76,300
Unrealized Losses	(1,999)	(2,272)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	33,489	31,394
Less than 12 Months, Unrealized Losses	(946)	(1,066)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	33,489	31,394
Unrealized Losses	(946)	(1,066)
U.S. government-sponsored agencies [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	10,385	10,548
Less than 12 Months, Unrealized Losses	(231)	(260)
12 Months or Longer, Fair Value	3,422	3,402
12 Months or Longer, Unrealized Losses	(124)	(145)
Fair Value	13,807	13,950
Unrealized Losses	(355)	(405)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	17,843	17,022
Less than 12 Months, Unrealized Losses	(719)	(865)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	17,843	17,022
Unrealized Losses	(719)	(865)
Obligations of state and political and subdivisions [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	2,556	3,095
Less than 12 Months, Unrealized Losses	(98)	(142)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	2,556	3,095
Unrealized Losses	(98)	(142)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	476	476
Less than 12 Months, Unrealized Losses	(28)	(30)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	476	476
Unrealized Losses	(28)	(30)
Mortgage-backed securities [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	33,596	35,009
Less than 12 Months, Unrealized Losses	(686)	(779)
12 Months or Longer, Fair Value	3,204	3,360
12 Months or Longer, Unrealized Losses	(104)	(110)
Fair Value	36,800	38,369
Unrealized Losses	(790)	(889)
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	14,174	12,901
Less than 12 Months, Unrealized Losses	(196)	(167)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	14,174	12,901
Unrealized Losses	(196)	(167)
Asset-backed Securities [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	2,914	8,267
12 Months or Longer, Unrealized Losses	(107)	(125)
Fair Value	2,914	8,267
Unrealized Losses	(107)	(125)
Corporate Debt Securities [Member]
Available for sale securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	8,076	8,031
Less than 12 Months, Unrealized Losses	(411)	(473)
12 Months or Longer, Fair Value	968	956
12 Months or Longer, Unrealized Losses	(32)	(44)
Fair Value	9,044	8,987
Unrealized Losses	(443)	(517)
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	3,646	3,632
12 Months or Longer, Unrealized Losses	(206)	(194)
Fair Value	3,646	3,632
Unrealized Losses	(206)	(194)
U.S. Treasury [Member]
Held to maturity securities, Continuous unrealized loss position
Less than 12 Months, Fair Value	996	995
Less than 12 Months, Unrealized Losses	(3)	(4)
12 Months or Longer, Fair Value	0	0
12 Months or Longer, Unrealized Losses	0	0
Fair Value	996	995
Unrealized Losses	$ (3)	$ (4)

Loans and Allowance for Loan 26

Loans and Allowance for Loan Losses (Loan Portfolio Schedule) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	$ 654,769	$ 604,083
Less: Deferred loan costs, net	327	226
Allowance for loan losses	8,246	7,905
Allowance net of deferred loan fees	8,573	8,131
Loans, net	646,196	595,952
Residential real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	84,783	84,321
Consumer loan secured by real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	30,346	30,176
Consumer loan - Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	462	244
Commercial Portfolio Segment [Member] | Commercial loan secured by real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	32,712	34,213
Commercial Portfolio Segment [Member] | Commercial loan - Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	47,157	47,852
Commercial Portfolio Segment [Member] | Commercial real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	433,455	382,551
Allowance for loan losses	5,149	4,734
Commercial Portfolio Segment [Member] | Commercial Construction [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	16,158	14,943
Allowance for loan losses	384	355
Residential real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	84,783	84,321
Residential real estate [Member] | Residential real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	84,783	84,321
Allowance for loan losses	65	66
Consumer Portfolio Segment [Member] | Consumer loan secured by real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	30,346	30,176
Consumer Portfolio Segment [Member] | Consumer loan - Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	462	244
Government Guaranteed Portfolio Segment [Member] | Government Guaranteed Loans - guaranteed portion [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	9,638	9,732
Allowance for loan losses	0	0
Other Portfolio Segment [Member] | Other Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	58	51
Allowance for loan losses	$ 0	$ 0

Loans and Allowance for Loan 27

Loans and Allowance for Loan Losses (Schedule of Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Activity in the allowance for loan losses
Balance, beginning of period	$ 7,905	$ 8,823
Provision charged to operations	300	(350)
Loans charged off	(1)	(2)
Recoveries of loans charged off	42	69
Balance, end of period	8,246	8,540
Commercial Portfolio Segment [Member] | Commercial Portfolio Segment [Member]
Activity in the allowance for loan losses
Balance, beginning of period	2,663	3,698
Provision charged to operations	(118)	(16)
Loans charged off	(1)	(2)
Recoveries of loans charged off	16	40
Balance, end of period	2,560	3,720
Commercial Portfolio Segment [Member] | Commercial loan secured by real estate [Member]
Activity in the allowance for loan losses
Balance, beginning of period	4,734	4,660
Provision charged to operations	390	(275)
Loans charged off	0	0
Recoveries of loans charged off	25	28
Balance, end of period	5,149	4,413
Commercial Portfolio Segment [Member] | Commercial Construction [Member]
Activity in the allowance for loan losses
Balance, beginning of period	355	114
Provision charged to operations	29	(2)
Loans charged off	0	0
Recoveries of loans charged off	0	0
Balance, end of period	384	112
Residential real estate [Member]
Activity in the allowance for loan losses
Balance, beginning of period	66	109
Provision charged to operations	(1)	(3)
Loans charged off	0	0
Recoveries of loans charged off	0	0
Balance, end of period	65	106
Consumer Portfolio Segment [Member] | Consumer [Member]
Activity in the allowance for loan losses
Balance, beginning of period	75	118
Provision charged to operations	(3)	0
Loans charged off	0	0
Recoveries of loans charged off	1	1
Balance, end of period	73	119
Other Portfolio Segment [Member] | Other loans [Member]
Activity in the allowance for loan losses
Balance, beginning of period	0	3
Provision charged to operations	0	(2)
Loans charged off	0	0
Recoveries of loans charged off	0	0
Balance, end of period	0	1
Unallocated Financing Receivables [Member]
Activity in the allowance for loan losses
Balance, beginning of period	12	121
Provision charged to operations	3	(52)
Loans charged off	0	0
Recoveries of loans charged off	0	0
Balance, end of period	$ 15	$ 69

Loans and Allowance for Loan 28

Loans and Allowance for Loan Losses (Schedule of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	$ 602	$ 610
Collectively evaluated for impairment	7,644	7,295
Total ending allowance balance	8,246	7,905
Loans
Loans individually evaluated for impairment	7,880	8,107
Loans collectively evaluated for impairment	646,889	595,976
Total	654,769	604,083
Residential real estate [Member]
Loans
Total	84,783	84,321
Commercial [Member] | Commercial [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	8	9
Collectively evaluated for impairment	2,552	2,654
Total ending allowance balance	2,560	2,663
Loans
Loans individually evaluated for impairment	1,526	1,698
Loans collectively evaluated for impairment	78,343	80,367
Total	79,869	82,065
Commercial [Member] | Commercial real estate [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	594	601
Collectively evaluated for impairment	4,555	4,133
Total ending allowance balance	5,149	4,734
Loans
Loans individually evaluated for impairment	6,279	6,331
Loans collectively evaluated for impairment	427,176	376,220
Total	433,455	382,551
Commercial [Member] | Commercial Construction [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	384	355
Total ending allowance balance	384	355
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	16,158	14,943
Total	16,158	14,943
Residential real estate [Member]
Loans
Total	84,783	84,321
Residential real estate [Member] | Residential real estate [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	65	66
Total ending allowance balance	65	66
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	84,783	84,321
Total	84,783	84,321
Consumer [Member] | Consumer [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	73	75
Total ending allowance balance	73	75
Loans
Loans individually evaluated for impairment	75	78
Loans collectively evaluated for impairment	30,733	30,342
Total	30,808	30,420
Government Guaranteed Portfolio Segment [Member] | 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	9,638	9,732
Total	9,638	9,732
Other Portfolio Segment [Member] | Other Loans [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	58	51
Total	58	51
Unallocated Financing Receivables [Member] | Unallocated Financing Receivables [Member]
Allowance for loan losses, Ending allowance balance attributable to loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	15	12
Total ending allowance balance	15	12
Loans
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	0	0
Total	$ 0	$ 0

Loans and Allowance for Loan 29

Loans and Allowance for Loan Losses (Schedule of Recorded Investment in Nonaccrual Loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Line Items]
Total nonaccrual loans	$ 592	$ 606
Commercial Portfolio Segment [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total nonaccrual loans	517	528
Consumer Portfolio Segment [Member] | Consumer loan secured by real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total nonaccrual loans	$ 75	$ 78

Loans and Allowance for Loan 30

Loans and Allowance for Loan Losses (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)loanitem	Mar. 31, 2016item	Dec. 31, 2016USD ($)loan
Receivables [Abstract]
Number of loans past due over 90 days still accruing | loan	0		0
Total value of modified loans in troubled debt restructurings	$ 7,800		$ 8,000
Trouble debt restructuring classified as performing	7,300		7,500
Specific reserve related to TDR	602		610
Committed funds for construction loan, classified as troubled debt restructuring	$ 205		$ 190
Number of loans classified as a trouble debt restructuring | item	0	0

Loans and Allowance for Loan 31

Loans and Allowance for Loan Losses (Schedule of Recorded Investments in Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
With an allowance recorded:
Allowance for Loan Losses Allocated	$ 602	$ 610
Total impaired loans
Unpaid Principal Balance	8,314	8,530
Recorded Investment	7,880	8,107
Average Recorded Investment	7,994	9,796
Interest Income Recognized	92	427
Commercial Portfolio Segment [Member] | Commercial loan secured by real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance	1,448	1,481
Recorded Investment	1,321	1,353
Average Recorded Investment	1,337	2,018
Interest Income Recognized	26	92
With an allowance recorded:
Unpaid Principal Balance	0	120
Recorded Investment	0	120
Allowance for Loan Losses Allocated	0	0
Average Recorded Investment	60	186
Interest Income Recognized	0	7
Commercial Portfolio Segment [Member] | Commercial loan - Other [Member]
With no related allowance recorded:
Unpaid Principal Balance		0
Recorded Investment		0
Average Recorded Investment		27
Interest Income Recognized		0
With an allowance recorded:
Unpaid Principal Balance	205	225
Recorded Investment	205	225
Allowance for Loan Losses Allocated	8	9
Average Recorded Investment	215	247
Interest Income Recognized	3	17
Commercial Portfolio Segment [Member] | Commercial real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance	3,421	3,448
Recorded Investment	3,120	3,156
Average Recorded Investment	3,138	3,128
Interest Income Recognized	31	181
With an allowance recorded:
Unpaid Principal Balance	3,159	3,175
Recorded Investment	3,159	3,175
Allowance for Loan Losses Allocated	594	601
Average Recorded Investment	3,167	4,109
Interest Income Recognized	32	130
Consumer Portfolio Segment [Member] | Consumer loan secured by real estate [Member]
With no related allowance recorded:
Unpaid Principal Balance	81	81
Recorded Investment	75	78
Average Recorded Investment	77	81
Interest Income Recognized	$ 0	$ 0

Loans and Allowance for Loan 32

Loans and Allowance for Loan Losses (Schedule of Aging of the Recorded Investment in Past Due Loans by Class of Loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Aging analysis of past due loans
Total Past Due	$ 647	$ 152
Loans Not Past Due	654,122	603,931
Total	654,769	604,083
Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total	30,346	30,176
Consumer loan - Other [Member]
Aging analysis of past due loans
Total	462	244
30 to 59 Days [Member]
Aging analysis of past due loans
Total Past Due	609	112
60 to 89 Days [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	38	40
Commercial Portfolio Segment [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	32,712	34,213
Total	32,712	34,213
Commercial Portfolio Segment [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	47,157	47,852
Total	47,157	47,852
Commercial Portfolio Segment [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	0	106
Loans Not Past Due	433,455	382,445
Total	433,455	382,551
Commercial Portfolio Segment [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	16,158	14,943
Total	16,158	14,943
Commercial Portfolio Segment [Member] | 30 to 59 Days [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | 30 to 59 Days [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | 30 to 59 Days [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	0	106
Commercial Portfolio Segment [Member] | 30 to 59 Days [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | 60 to 89 Days [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | 60 to 89 Days [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | 60 to 89 Days [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | 60 to 89 Days [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | Greater Than 90 Days [Member] | Commercial loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | Greater Than 90 Days [Member] | Commercial loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | Greater Than 90 Days [Member] | Commercial real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Commercial Portfolio Segment [Member] | Greater Than 90 Days [Member] | Commercial Construction [Member]
Aging analysis of past due loans
Total Past Due	0	0
Residential real estate [Member]
Aging analysis of past due loans
Total Past Due	605	0
Loans Not Past Due	84,178	84,321
Total	84,783	84,321
Residential real estate [Member] | 30 to 59 Days [Member]
Aging analysis of past due loans
Total Past Due	605	0
Residential real estate [Member] | 60 to 89 Days [Member]
Aging analysis of past due loans
Total Past Due	0	0
Residential real estate [Member] | Greater Than 90 Days [Member]
Aging analysis of past due loans
Total Past Due	0	0
Consumer Portfolio Segment [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	42	46
Loans Not Past Due	30,304	30,130
Total	30,346	30,176
Consumer Portfolio Segment [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	462	244
Total	462	244
Consumer Portfolio Segment [Member] | 30 to 59 Days [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	4	6
Consumer Portfolio Segment [Member] | 30 to 59 Days [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Consumer Portfolio Segment [Member] | 60 to 89 Days [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	0	0
Consumer Portfolio Segment [Member] | 60 to 89 Days [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Consumer Portfolio Segment [Member] | Greater Than 90 Days [Member] | Consumer loan secured by real estate [Member]
Aging analysis of past due loans
Total Past Due	38	40
Consumer Portfolio Segment [Member] | Greater Than 90 Days [Member] | Consumer loan - Other [Member]
Aging analysis of past due loans
Total Past Due	0	0
Government Guaranteed Portfolio Segment [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	9,638	9,732
Total	9,638	9,732
Government Guaranteed Portfolio Segment [Member] | 30 to 59 Days [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
Government Guaranteed Portfolio Segment [Member] | 60 to 89 Days [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
Government Guaranteed Portfolio Segment [Member] | Greater Than 90 Days [Member] | Government Guaranteed [Member]
Aging analysis of past due loans
Total Past Due	0	0
Other Portfolio Segment [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	0	0
Loans Not Past Due	58	51
Total	58	51
Other Portfolio Segment [Member] | 30 to 59 Days [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	0	0
Other Portfolio Segment [Member] | 60 to 89 Days [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	0	0
Other Portfolio Segment [Member] | Greater Than 90 Days [Member] | Other Loans [Member]
Aging analysis of past due loans
Total Past Due	$ 0	$ 0

Loans and Allowance for Loan 33

Loans and Allowance for Loan Losses (Schedule of Loans by Credit Quality Indicators) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 654,769	$ 604,083
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	529,482	479,559
Receivables Acquired with Deteriorated Credit Quality [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	510,578	460,218
Receivables Acquired with Deteriorated Credit Quality [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	15,967	16,350
Receivables Acquired with Deteriorated Credit Quality [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	2,937	2,991
Receivables Acquired with Deteriorated Credit Quality [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Receivables Acquired with Deteriorated Credit Quality [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Commercial loan secured by real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	32,712	34,213
Commercial Portfolio Segment [Member] | Commercial loan - Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	47,157	47,852
Commercial Portfolio Segment [Member] | Commercial real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	433,455	382,551
Commercial Portfolio Segment [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,158	14,943
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	32,712	34,213
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	30,175	32,159
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	2,105	1,601
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	432	453
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan secured by real estate [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	47,157	47,852
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	46,345	46,865
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	238	404
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	574	583
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial loan - Other [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	433,455	382,551
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	417,900	366,251
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	13,624	14,345
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,931	1,955
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial real estate [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,158	14,943
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,158	14,943
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member] | Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 0	$ 0

Loans and Allowance for Loan 34

Loans and Allowance for Loan Losses (Schedule of Recorded Investment in Residential Real Estate and Consumer Loans Based on Payment Activity) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 654,769	$ 604,083
Residential real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	84,783	84,321
Residential real estate [Member] | Current [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	84,178	84,321
Residential real estate [Member] | Past Due and Nonaccrual [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	605	0
Consumer loan secured by real estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	30,346	30,176
Consumer loan secured by real estate [Member] | Current [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	30,304	30,130
Consumer loan secured by real estate [Member] | Past Due and Nonaccrual [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	42	46
Consumer loan - Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	462	244
Consumer loan - Other [Member] | Current [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	462	244
Consumer loan - Other [Member] | Past Due and Nonaccrual [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real estate and consumer loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	115,591	114,741
Real estate and consumer loans [Member] | Current [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	114,944	114,695
Real estate and consumer loans [Member] | Past Due and Nonaccrual [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 647	$ 46

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount to real estate appraised values (as a percent)	12.00%
Allowance for loan losses	$ 8,246,000		$ 7,905,000
Provision for loan losses	300,000	$ (350,000)
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recorded Investment With an allowance recorded			528,000
Allowance for loan losses			0
Provision for loan losses			0
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recorded Investment With an allowance recorded			404,000
Provision for loan losses	$ 0	$ 20,000
Allowance for losses on other real estate owned			$ 3,000

Fair Value of Financial Instr36

Fair Value of Financial Instruments (Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets, Fair Value
Total available-for-sale securities	$ 95,632	$ 98,583
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets, Fair Value
Total available-for-sale securities	3,646	3,632
Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
Total available-for-sale securities	91,986	94,951
Significant Unobservable Inputs (Level 3) [Member]
Assets, Fair Value
Total available-for-sale securities	0	0
Carrying Value [Member]
Assets, Fair Value
Total available-for-sale securities	95,632	98,583
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	3,646	3,632
Total available-for-sale securities	3,646	3,632
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
U.S. government - sponsored agencies	17,132	17,445
Obligations of state and political subdivisions	3,138	3,096
Mortgage-backed securities - residential	49,627	52,046
Asset-backed securities	7,881	8,267
Corporate debt	14,148	14,037
Other equity investments	60	60
Total available-for-sale securities	91,986	94,951
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
Fair Value Measured on a Recurring Basis [Member] | Carrying Value [Member]
Assets, Fair Value
U.S. government - sponsored agencies	17,132	17,445
Obligations of state and political subdivisions	3,138	3,096
Mortgage-backed securities - residential	49,627	52,046
Asset-backed securities	7,881	8,267
Corporate debt	14,148	14,037
Other equity investments	3,706	3,692
Total available-for-sale securities	$ 95,632	$ 98,583

Fair Value of Financial Instr37

Fair Value of Financial Instruments (Schedule of Assets and Liabilities Measured at Fair Value on Non-recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Carrying Value [Member]
Assets, Fair Value
Impaired loans, Fair Value	$ 646,196	$ 595,952
Fair Value, Measurements, Nonrecurring [Member] | Carrying Value [Member]
Assets, Fair Value
Commercial loan secured by real estate		528
Other Real Estate Owned		401
Impaired loans, Fair Value		929
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets, Fair Value
Impaired loans, Fair Value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets, Fair Value
Commercial loan secured by real estate		0
Other Real Estate Owned		0
Impaired loans, Fair Value		0
Significant Other Observable Inputs (Level 2) [Member]
Assets, Fair Value
Impaired loans, Fair Value	0	0
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets, Fair Value
Commercial loan secured by real estate		0
Other Real Estate Owned		0
Impaired loans, Fair Value		0
Significant Unobservable Inputs (Level 3) [Member]
Assets, Fair Value
Impaired loans, Fair Value	$ 642,653	596,506
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets, Fair Value
Commercial loan secured by real estate		528
Other Real Estate Owned		401
Impaired loans, Fair Value		$ 929

Fair Value of Financial Instr38

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] $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value of financial assets	$ 528
Range of Unobservable inputs, Adjustments for differences between comparable sales and income data available (as a percent)	5.00%
Range of Unobservable inputs, Estimated selling costs (as a percent)	7.00%
Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value of financial assets	$ 401
Range of Unobservable inputs, Adjustments for differences between comparable sales and income data available (as a percent)	2.00%
Range of Unobservable inputs, Estimated selling costs (as a percent)	7.00%

Fair Value of Financial Instr39

Fair Value of Financial Instruments (Schedule of Fair Value Estimates for the Financial Instruments) (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Financial assets:
Securities available-for-sale	$ 95,632,000	$ 98,583,000
Securities held to maturity	52,805,000	52,330,000
FHLB-NY stock	3,784,000	3,515,000
Financial liabilities:
Subordinated Debentures and Subordinated Notes	23,268,000	23,252,000
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial assets:
Cash and cash equivalents	12,793,000	11,680,000
Securities available-for-sale	3,646,000	3,632,000
Securities held to maturity	0	0
FHLB-NY stock	0	0
Mortgage loans held for sale	0	0
Loans, net	0	0
Financial liabilities:
Deposits	509,476,000	503,949,000
FHLB-NY advances	0	0
Subordinated Debentures and Subordinated Notes	0	0
Significant Other Observable Inputs (Level 2) [Member]
Financial assets:
Cash and cash equivalents	0	0
Securities available-for-sale	91,986,000	94,951,000
Securities held to maturity	52,072,000	51,530,000
FHLB-NY stock	0	0
Mortgage loans held for sale	0	0
Loans, net	0	0
Financial liabilities:
Deposits	190,735,000	154,724,000
FHLB-NY advances	65,154,000	59,174,000
Subordinated Debentures and Subordinated Notes	0	0
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	188,000	773,000
Loans, net	642,653,000	596,506,000
Financial liabilities:
Deposits	0	0
FHLB-NY advances	0	0
Subordinated Debentures and Subordinated Notes	24,405,000	23,230,000
Carrying Value [Member]
Financial assets:
Cash and cash equivalents	12,793,000	11,680,000
Securities available-for-sale	95,632,000	98,583,000
Securities held to maturity	52,805,000	52,330,000
FHLB-NY stock	3,784,000	3,515,000
Mortgage loans held for sale	188,000	773,000
Loans, net	646,196,000	595,952,000
Financial liabilities:
Deposits	700,704,000	658,930,000
FHLB-NY advances	65,200,000	59,200,000
Subordinated Debentures and Subordinated Notes	$ 23,268,000	$ 23,252,000

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income	$ 991	$ 991
Weighted average common shares outstanding - basic (in shares)	6,124,926	6,092,351
Effect of dilutive securities - stock options (in shares)	0	0
Weighted average common shares outstanding - diluted (in shares)	6,124,926	6,092,351
Basic earnings per common share (in usd per share)	$ 0.16	$ 0.16
Diluted earnings per common share (in usd per share)	$ 0.16	$ 0.16

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0

Accumulated Other Comprehensi42

Accumulated Other Comprehensive Income (Schedule of Components of Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income, gross	$ 1,565	$ 1,543
Net income, tax effect	(574)	(552)
Net income	991	991
Other comprehensive (loss) income:
Other comprehensive income (loss), before reclassifications, net of tax	212	754
Reclassification adjustment for gains in net income, net	0	(15)
Accretion of loss on securities reclassified to held to maturity, net	7	45
Total comprehensive income, gross	342	1,197
Total comprehensive income, tax effect	(130)	(458)
Total other comprehensive income	212	739
Comprehensive Income Before Tax	1,907	2,740
Comprehensive Income Tax Portion	(704)	(1,010)
Total comprehensive income	1,203	1,730
Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities [Member]
Other comprehensive (loss) income:
Other comprehensive income (loss), before reclassifications, before tax	331	1,087
Other comprehensive income (loss) before reclassifications, tax	(126)	(415)
Other comprehensive income (loss), before reclassifications, net of tax	205	672
Reclassification adjustment for gains in net income, gross	0	(24)
Reclassification adjustment for gains in net income, tax effect	0	9
Reclassification adjustment for gains in net income, net	0	(15)
Accretion of loss on securities reclassified to held to maturity, gross	11	72
Accretion of loss on securities reclassified to held to maturity, tax effect	(4)	(27)
Accretion of loss on securities reclassified to held to maturity, net	7	45
Total other comprehensive income	205	657
Change in fair value of interest rate swap [Member]
Other comprehensive (loss) income:
Other comprehensive income (loss), before reclassifications, before tax	0	62
Other comprehensive income (loss) before reclassifications, tax	0	(25)
Other comprehensive income (loss), before reclassifications, net of tax	0	37
Reclassification adjustment for gains in net income, net	0	0
Total other comprehensive income	$ 0	$ 37

Accumulated Other Comprehensi43

Accumulated Other Comprehensive Income (Schedule of Components of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Unrealized gains and losses on available for sale (AFS) securities
Balance beginning	$ 51,387	$ 47,573
Other comprehensive income before reclassifications	212	754
Amounts reclassified from other comprehensive income	0	(15)
Total other comprehensive income	212	739
Balance ending	52,417	49,192
Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance beginning	(1,243)	(610)
Other comprehensive income before reclassifications	205	672
Amounts reclassified from other comprehensive income	0	(15)
Total other comprehensive income	205	657
Balance ending	(1,038)	47
Loss on securities reclassified from Available-for-Sale to Held to Maturity [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance beginning	(78)	(198)
Other comprehensive income before reclassifications	7	45
Amounts reclassified from other comprehensive income	0	0
Total other comprehensive income	7	45
Balance ending	(71)	(153)
Unrealized Gains and (Losses) on Derivatives [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance beginning	0	(37)
Other comprehensive income before reclassifications	0	37
Amounts reclassified from other comprehensive income	0	0
Total other comprehensive income	0	37
Balance ending	0	0
AOCI Attributable to Parent [Member]
Unrealized gains and losses on available for sale (AFS) securities
Balance beginning	(1,321)	(845)
Balance ending	$ (1,109)	$ (106)

Accumulated Other Comprehensi44

Accumulated Other Comprehensive Income (Schedule of Amount Reclassified from each Component of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Tax effect	$ (574)	$ (552)
Total reclassifications, net of tax	0	15
Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Total reclassifications, net of tax	0	15
Reclassification out of Accumulated Other Comprehensive Income [Member] | Unrealized Gains and (Losses) on Available-for-Sale (AFS) Securities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Unrealized gains on AFS securities before tax	0	24
Tax effect	0	(9)
Net income available to common shareholders	$ 0	$ 15

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ / shares in Units, $ in Thousands	Apr. 17, 2017	Mar. 31, 2017	Mar. 31, 2016
Subsequent Event [Line Items]
Proceeds from sale of common stock		$ 35	$ 25
Public Stock Offering [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock sold in public offering (in shares)	2,509,090
Sale of common stock in public offering, price per share (in dollars per share)	$ 8.25
Proceeds from sale of common stock	$ 20,700
Net consideration received from sale of common stock	$ 18,800
Over-Allotment Option [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock sold in public offering (in shares)	327,272