Bay Banks of Virginia (BAYK) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	BAYK
Entity Registrant Name	BAY BANKS OF VIRGINIA INC
Entity Central Index Key	1,034,594
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,787,856

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	[1]
ASSETS
Cash and due from banks	$ 5,880	$ 6,181
Interest-bearing deposits	20,605	14,784
Federal funds sold	2,187	119
Securities available-for-sale, at fair value	47,056	42,604
Restricted securities	2,261	2,430
Loans receivable, net of allowance for loan losses of $3,439 and $3,205	313,442	295,242
Loans held for sale	709
Premises and equipment, net	11,731	11,882
Accrued interest receivable	1,237	1,197
Other real estate owned, net	2,624	2,791
Bank owned life insurance	7,473	7,348
Goodwill	2,808	2,808
Mortgage servicing rights	632	596
Other assets	3,082	2,504
Total assets	421,727	390,486
LIABILITIES
Noninterest-bearing deposits	61,073	63,308
Savings and interest-bearing demand deposits	152,794	122,502
Time deposits	119,734	121,775
Total deposits	333,601	307,585
Securities sold under repurchase agreements	8,787	6,012
Federal Home Loan Bank advances	30,000	35,000
Subordinated debt, net of issuance costs	6,841
Other liabilities	2,911	2,651
Total liabilities	382,140	351,248
SHAREHOLDERS' EQUITY
Common stock ($5 par value; authorized - 10,000,000 shares; outstanding - 4,787,856 and 4,817,856 shares, respectively)	23,939	24,089
Additional paid-in capital	2,776	2,777
Retained earnings	13,968	13,293
Accumulated other comprehensive loss, net	(1,096)	(921)
Total shareholders' equity	39,587	39,238
Total liabilities and shareholders' equity	$ 421,727	$ 390,486
[1]	Derived from the audited consolidated financial statements.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	[1]
Loans, allowance for loan losses	$ 3,439	$ 3,205
Common stock, par value	$ 5	$ 5
Common stock, authorized shares	10,000,000	10,000,000
Common stock, outstanding shares	4,787,856	4,817,856
[1]	Derived from the audited consolidated financial statements.

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INTEREST INCOME
Loans, including fees	$ 3,715	$ 3,279	$ 7,390	$ 6,440
Securities:
Taxable	141	85	275	179
Tax-exempt	86	96	174	194
Interest-bearing deposit accounts	13	4	21	8
Total interest income	3,955	3,464	7,860	6,821
INTEREST EXPENSE
Deposits	570	449	1,086	907
Federal funds purchased		1		1
Securities sold under repurchase agreements	2	2	4	4
Subordinated debt	42		42
FHLB advances	87	85	172	185
Total interest expense	701	537	1,304	1,097
Net interest income	3,254	2,927	6,556	5,724
Provision for loan losses	205	97	270	262
Net interest income after provision for loan losses	3,049	2,830	6,286	5,462
NON-INTEREST INCOME
Income from fiduciary activities	171	175	392	387
Service charges and fees on deposit accounts	226	244	449	487
VISA-related fees	62	61	109	150
Other service charges and fees	256	267	517	507
Secondary market lending income	140	68	238	179
Increase in cash surrender value of life insurance	62	44	125	91
Net gains (losses) on sale of securities available for sale	6	(16)	2	(17)
Other real estate losses	(41)	(249)	(80)	(219)
Net (losses) gains on the disposal of fixed assets	(7)		(7)	138
Other income	42	30	57	34
Total non-interest income	917	624	1,802	1,737
NON-INTEREST EXPENSES
Salaries and employee benefits	1,840	1,597	3,888	3,184
Occupancy expense	442	354	877	712
Software maintenance	145	137	290	275
Bank franchise tax	50	47	98	94
VISA expense	33	38	64	108
Telephone expense	33	52	66	108
FDIC assessments	64	72	129	138
Foreclosure property expense	11	28	21	59
Consulting expense	90	70	165	169
Other expense	908	772	1,663	1,428
Total non-interest expenses	3,616	3,167	7,261	6,275
Net income before income taxes	350	287	827	924
Income tax expense	56	27	152	204
Net income	$ 294	$ 260	$ 675	$ 720
Basic Earnings Per Share
Average basic shares outstanding	4,802,032	4,818,733	4,805,922	4,818,311
Earnings per share, basic	$ 0.06	$ 0.05	$ 0.14	$ 0.15
Diluted Earnings Per Share
Average diluted shares outstanding	4,819,322	4,836,783	4,819,487	4,832,416
Earnings per share, diluted	$ 0.06	$ 0.05	$ 0.14	$ 0.15

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 294	$ 260	$ 675	$ 720
Unrealized (losses) gains on securities:
Unrealized holding (losses) gains arising during the period	(564)	335	(264)	825
Deferred tax benefit (expense)	192	(112)	90	(280)
Reclassification of net securities (gains) losses recognized in net income	(6)	16	(2)	17
Deferred tax expense (benefit)	2	(6)	1	(6)
Unrealized (losses) gains adjustment, net of tax	(376)	233	(175)	556
Defined benefit plan:
Total other comprehensive (loss) income	(376)	233	(175)	556
Comprehensive (loss) income	(82)	493	500	1,276
Pension Plan, Defined Benefit
Defined benefit plan:
Net periodic cost	3	(5)	4	(11)
Net loss	(3)	5	(4)	11
Deferred tax benefit	0	0	0	0
Defined benefit plan adjustment, net of tax	0	0	0	0
Other Postretirement Benefit Plan, Defined Benefit
Defined benefit plan:
Net periodic cost	13	12	26	23
Net loss	(13)	(12)	(26)	(23)
Deferred tax benefit	0	0	0	0
Defined benefit plan adjustment, net of tax	$ 0	$ 0	$ 0	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total		Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Balance at beginning of period at Dec. 31, 2014	$ 39,238	[1]	$ 24,089	$ 2,777	$ 13,293	$ (921)
Balance at beginning of period, Shares at Dec. 31, 2014	4,817,856	[1]	4,817,856
Net income	$ 675				675
Other comprehensive income (loss)	(175)					(175)
Stock repurchase	(168)		$ (150)	(18)
Stock repurchase, Shares			(30,000)
Stock-based compensation expense	17			17
Balance at end of period at Jun. 30, 2015	$ 39,587		$ 23,939	$ 2,776	$ 13,968	$ (1,096)
Balance at end of period, Shares at Jun. 30, 2015	4,787,856		4,787,856
[1]	Derived from the audited consolidated financial statements.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows From Operating Activities
Net income	$ 675	$ 720
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	478	377
Net amortization and accretion of securities	179	200
Amortization of subordinated debt issuance costs	1
Provision for loan losses	270	262
Stock compensation expense	17	20
(Gain) loss on securities available-for-sale	(2)	17
Increase in OREO valuation allowance	72	127
Loss on sale of other real estate	8	92
Loss (gain) on disposal of fixed assets	7	(138)
Mortgage servicing rights	(36)	(3)
Loan originations for sale	(5,801)	(4,361)
Loan sales	5,200	4,263
Gain on sold loans	(109)	(96)
Increase in cash surrender value of life insurance	(125)	(91)
(Increase) decrease in accrued income and other assets	(136)	185
Increase (decrease) in other liabilities	270	(176)
Net cash provided by operating activities	968	1,398
Cash Flows From Investing Activities
Proceeds from maturities and principal paydowns of available-for-sale securities	1,595	1,741
Proceeds from sales and calls of available-for-sale securities	2,324	3,331
Purchase of bank owned life insurance		(2,001)
Purchases of available-for-sale securities	(8,815)	(2,751)
Sales (purchases) of restricted securities	169	(342)
Increase in federal funds sold	(2,068)	(84)
Loan (originations) and principal collections, net	(18,480)	(8,287)
Proceeds from sale of other real estate	99	371
Purchases of premises and equipment	(737)	(375)
Proceeds from the sale of premises and equipment		311
Net cash used in investing activities	(25,913)	(8,086)
Cash Flows From Financing Activities
Increase in demand, savings, and other interest-bearing deposits	28,057	355
Net decrease in time deposits	(2,041)	(1,616)
Repurchase of common stock	(168)
Issuance of subordinated debt, net	6,842
Net increase (decrease) in securities sold under repurchase agreements	2,775	(128)
(Decrease) increase in Federal Home Loan Bank advances	(5,000)	10,000
Net cash provided by financing activities	30,465	8,611
Net increase in cash and due from banks	5,520	1,923
Cash and due from banks at beginning of period	20,965	15,689
Cash and due from banks at end of period	26,485	17,612
Cash paid for:
Interest	1,251	1,109
Income taxes	390	341
Non-cash investing and financing:
Unrealized (loss) gain on investment securities	(264)	825
Change in fair value of pension and post-retirement obligation	0	0
Loans transferred to other real estate owned	129	197
Loans originated to facilitate sale of OREO	118	605
Changes in deferred taxes resulting from OCI transactions	$ 90	$ 286

General

General	6 Months Ended
	Jun. 30, 2015
General	Note 1: General Bay Banks of Virginia, Inc. (the “Company”) owns 100% of the Bank of Lancaster (the “Bank”), 100% of Bay Trust Company, Inc. (the “Trust Company”) and 100% of Steptoes Holdings, LLC (“Steptoes Holdings”). The consolidated financial statements include the accounts of the Bank, the Trust Company, Steptoes Holdings and Bay Banks of Virginia, Inc. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and to the general practices within the banking industry. In management’s opinion, all adjustments, consisting only of normal recurring adjustments necessary for a fair presentation of the consolidated financial statements, have been included. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year or for any other interim periods. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Significant Accounting Policies	Note 2: Significant Accounting Policies Loans The Company grants mortgage loans on real estate; commercial and industrial loans; and consumer and other loans to customers. A substantial portion of the loan portfolio is represented by mortgage loans on real estate. The ability of the Company’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in the Company’s market areas. Loans are reported at their recorded investment, which is the outstanding principal balance net of any unearned income, such as deferred fees and costs, and charge-offs. Interest on loans is recognized over the term of the loan and is calculated using the interest method on principal amounts outstanding. Loan origination fees and certain direct origination costs are deferred and recognized as an adjustment of the related loan yield over the contractual term of the loan, adjusted for early pay-offs, where applicable. The accrual of interest is generally discontinued at the time a loan is 90 days or more past due, or earlier, if collection is uncertain based on an evaluation of the net realizable value of the collateral and the financial strength of the borrower. Payments received for loans no longer accruing interest are applied to the unpaid principal balance. Loans greater than 90 days past due may remain on accrual status if the credit is well-secured and in process of collection. Credit card loans and other personal loans are typically charged off no later than 180 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are charged off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual and past due policies are materially the same for all types of loans. All interest accrued but not collected for loans that are placed on non-accrual or charged off are reversed against interest income. Any interest received on these loans is accounted for on the cash basis or cost recovery method until qualifying for return to accrual. Generally, a loan is returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, or it becomes well secured and in the process of collection. Allowance for loan losses (“ALL”) The ALL reflects management’s judgment of probable loan losses inherent in the portfolio at the balance sheet date. Management uses a disciplined process and methodology to establish the ALL each quarter. To determine the total ALL, the Company estimates the reserves needed for each segment of the portfolio, including loans analyzed individually and homogenous pools of loans analyzed on a segmented basis. Considerations include historical experience, the nature and volume of the loan portfolio, adverse situations that may affect a borrower’s ability to repay, estimated value of any underlying collateral, prevailing local and national economic conditions, and internal policies and procedures including credit risk management and underwriting. This evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as additional information becomes available. The ALL calculation methodology’s historical loss factor period is considered the length of a business cycle. The business cycle, upon which the historical loss factor is based, was believed to have begun in the fourth quarter of 2008. During the third quarter of 2013, management determined that the business cycle had ended given noticeable national economic improvement and local real estate market stabilization. The historical loss factor is now based on that business cycle of 19 quarters, compared to the previous averaging period that had been growing each quarter based on the business cycle that began in 2008. The change in methodology during the third quarter of 2013 produced an immaterial change in the ALL calculation. Management employs a risk rating system to evaluate and consistently categorize loan portfolio credit risk. Loans assigned risk rating grades include all commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250 thousand with chronic delinquency, and troubled debt restructures. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. Risk grades are evaluated as new information becomes available for each borrowing relationship or at least quarterly. All other loans not specifically assigned a risk rating grade are monitored as a discrete pool of loans generally based on delinquency status. Risk rating categories are as follows: Pass Watch Special Mention Substandard Doubtful Loss The ALL consists of specific, general, and unallocated components. The specific component is determined by identifying impaired loans (as described below) then evaluating each one to calculate the amount of impairment. Impaired loans measured for impairment generally include: (1) non-accruing Special mention, Substandard and Doubtful loans in excess of $250,000; (2) Substandard and Doubtful loans in excess of $500,000; (3) Special Mention loans in excess of $500,000 if any of the loans in the relationship are more than 30 days past due or if the borrower has filed for bankruptcy; and (4) all troubled debt restructurings (“TDRs”). A specific allowance arises when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component collectively evaluates smaller commercial loans, residential mortgages and consumer loans, grouped into segments and classes. Historical loss experience is calculated and applied to each segment or class, then adjusted for qualitative factors. Qualitative factors include changes in the local and national economic outlook, including unemployment, interest rates, inflation rates and real estate trends; the level and trend of past due and nonaccrual loans; strength of policies and procedures; and oversight of credit risk and quality of underwriting. These qualitative adjustments reflect management’s judgment of risks inherent in the segments. An unallocated component is maintained if needed to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. Changes in the allowance for loan losses and the related provision expense can materially affect net income. The specific component of the ALL calculation accounts for the loan loss reserve necessary on impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not considered impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Accrual of interest may or may not be discontinued for any given impaired loan. Impairment is measured by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Because large groups of smaller balance homogeneous loans are collectively evaluated for impairment, the Company does not generally separately identify smaller balance individual consumer and residential loans for impairment disclosures, unless such loans are the subject of a troubled debt restructuring agreement. The general component of the ALL calculation collectively evaluates groups of loans in segments or classes, as noted above. The segments are: (1) Mortgage loans on real estate; (2) Commercial and industrial loans; and (3) Consumer and other loans. The segment for Mortgage loans on real estate is disaggregated into the following classes: (1) Construction, land and land development; (2) Farmland; (3) Residential first mortgages; (4) Residential revolving and junior mortgages; (5) Commercial mortgages (non-owner-occupied); and (6) Commercial mortgages (owner-occupied). Loans in segment 1 are secured by real estate. Loans in segments 2 and 3 are secured by other types of collateral or are unsecured. A given segment or class may not reflect the purpose of a loan. For example, a business owner may provide his residence as collateral for a loan to his company, in which case the loan would be grouped in a residential mortgage class. Historical loss factors are calculated for the prior 19 quarters by segment and class, and then applied to the current balances in each segment and class. Finally, qualitative factors are applied to each segment and class. Construction and development loans carry risks that the project will not be finished according to schedule or according to budget and the value of the collateral, at any point in time, may be less than the principal amount of the loan. These loans also bear the risk that the general contractor may face financial pressure unrelated to the project. Loans secured by land, farmland and residential mortgages carry the risk of continued credit-worthiness of the borrower and changes in value of the underlying real estate collateral. Commercial mortgages and commercial and industrial loans carry risks associated with the profitable operation of a business and its related cash flows. Additionally, commercial and industrial loans carry risks associated with the value of collateral other than real estate which may depreciate over time. Consumer loans carry risks associated with the continuing credit-worthiness of the borrower and are more likely than real estate loans to be adversely affected by divorce, unemployment, personal illness or bankruptcy of an individual. Consumer loans secured by automobiles carry risks associated with rapidly depreciating collateral. Consumer loans include credit cards, which are unsecured. The summation of the specific, general and unallocated components results in the total estimated ALL. Management may also include an unallocated component to cover uncertainties in the level of probable losses. This estimate is inherently subjective and actual losses could be greater or less than the estimates. Additions to the ALL are made by charges to earnings through the provision for loan losses. Charge-offs result from credit exposures deemed to be uncollectible and the ALL is reduced by these. Recoveries of previously charged off amounts are credited back to the ALL. Charge-off policies are materially the same for all types of loans. Mortgage servicing rights (“MSRs”) MSRs are included on the consolidated balance sheet and recorded at fair value on an ongoing basis. Changes in the fair value of the MSRs are recorded in the results of operations. A fair value analysis of MSRs is performed on a quarterly basis.

Amendments to the Accounting St

Amendments to the Accounting Standards Codification	6 Months Ended
	Jun. 30, 2015
Amendments to the Accounting Standards Codification	Note 3: Amendments to the Accounting Standards Codification In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest” (Subtopic 835-30) which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction of the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments. ASU 2015-03 is effective for periods beginning after December 15, 2015. The Company has adopted the guidance during the second quarter of 2015 and it did not have a material impact on the Company’s consolidated financial statements. In January 2015, the FASB issued ASU 2015-01, “Income Statement – Extraordinary and Unusual Items.” ASU 2015-01 eliminates the concept of extraordinary items. However, the presentation and disclosure requirements for items that are either unusual in nature or infrequent in occurrence remain and will be expanded to include items that are both unusual in nature and infrequent in occurrence. ASU 2015-01 is effective for periods beginning after December 15, 2015. ASU 2015-01 is not expected to have a material impact on the Company’s consolidated financial statements. In June 2014, the FASB issued ASU 2014-11, “Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.” In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” (Topic 606). The amendments in this ASU modify the guidance companies use to recognize revenue from contracts with customers for transfers of goods or services and transfers of nonfinancial assets, unless those contracts are within the scope of other standards. The ASU requires that entities apply a specific method to recognize revenue reflecting the consideration expected from customers in exchange for the transfer of goods and services. The guidance also requires new qualitative and quantitative disclosures, including information about contract balances and performance obligations. Entities are also required to disclose significant judgments and changes in judgments for determining the satisfaction of performance obligations. Most revenue associated with financial instruments, including interest and loan origination fees, is outside the scope of the guidance. On April 1, 2015, the FASB voted to issue an exposure draft to delay the effective date of ASU 2014-09 for one year. The proposal would delay the effective date for public companies to annual reporting periods beginning after December 15, 2017 including interim periods therein. Adoption would be permitted as of the original effective date of annual reporting periods beginning after December 15, 2016. The Company is evaluating the impact that ASU 2014-09 will have on its consolidated financial statements.

Securities

Securities	6 Months Ended
	Jun. 30, 2015
Securities	Note 4: Securities The aggregate amortized costs and fair values of the available-for-sale securities portfolio are as follows: (Dollars in thousands) Available-for-sale securities June 30, 2015 Amortized Gross Gross Fair Corporate bonds $ 200 $ — $ — $ 200 U.S. Government agencies 21,375 67 (69 ) 21,373 State and municipal obligations 23,447 100 (306 ) 23,241 Certificates of deposits 2,232 10 — 2,242 $ 47,254 $ 177 $ (375 ) $ 47,056 Available-for-sale securities December 31, 2014 Amortized Gross Gross Fair U.S. Government agencies $ 16,969 $ 33 $ (37 ) $ 16,965 State and municipal obligations 23,335 226 (160 ) 23,401 Certificates of deposits 2,232 8 (2 ) 2,238 $ 42,536 $ 267 $ (199 ) $ 42,604 Gross realized gains and gross realized losses on sales and calls of securities were as follows: For the three months ended For the six months ended (Dollars in thousands) 2015 2014 2015 2014 Gross realized gains $ 24 $ 5 $ 24 $ 5 Gross realized losses (18 ) (21 ) (22 ) (22 ) Net realized gains (losses) $ 6 $ (16 ) $ 2 $ (17 ) Aggregate proceeds $ 1,710 $ 2,039 $ 2,324 $ 3,331 Average yields (taxable equivalent) on securities were 2.41% and 2.36% for the three months ended June 30, 2015 and 2014, respectively, and 2.40% and 2.37% for the six months ended June 30, 2015 and 2014, respectively. Securities with a market value of $11.9 million and $8.5 million were pledged as collateral for repurchase agreements and for other purposes as required by law as of June 30, 2015 and December 31, 2014, respectively. As of June 30, 2015 and December 31, 2014, all the securities pledged to repurchase agreements were state and municipal obligations. All the repurchase agreements had remaining contractual maturities that were overnight and continuous. Securities sold under repurchase agreements were $8.8 million and $6.0 million as of June 30, 2015 and December 31, 2014, respectively, and included in liabilities on the consolidated balance sheets. The securities pledged to each agreement are reviewed daily and can be changed at the option of the Bank with minimal risk of loss due to changes in fair value. Securities in an unrealized loss position at June 30, 2015 and December 31, 2014, by duration of the unrealized loss, are shown below. The unrealized loss positions were directly related to interest rate movements as there is minimal credit risk exposure in these investments. All agency securities, states and municipal securities and certificates of deposit are investment grade or better and their losses are considered temporary. Management does not intend to sell the securities and does not expect to be required to sell the securities. Furthermore, all amortized cost bases are expected to be recovered. Bonds with unrealized loss positions at June 30, 2015 included 13 federal agencies and 41 municipals. Bonds with unrealized loss positions at December 31, 2014 included 29 municipals, 13 federal agencies and three certificates of deposit. The tables are shown below. (Dollars in thousands) Less than 12 months 12 months or more Total June 30, 2015 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government agencies $ 5,297 $ 51 $ 1,871 $ 18 $ 7,168 $ 69 States and municipal obligations 8,238 143 3,372 163 11,610 306 Total temporarily impaired securities $ 13,535 $ 194 $ 5,243 $ 181 $ 18,778 $ 375 Less than 12 months 12 months or more Total December 31, 2014 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government agencies $ 1,499 $ 4 $ 3,532 $ 33 $ 5,031 $ 37 States and municipal obligations 412 5 9,006 155 9,418 160 Certificates of deposit 742 2 — — 742 2 Total temporarily impaired securities $ 2,653 $ 11 $ 12,538 $ 188 $ 15,191 $ 199 The Company’s investment in Federal Home Loan Bank of Atlanta (“FHLB”) stock totaled $1.6 million and $1.9 million at June 30, 2015 and December 31, 2014, respectively. The Company also had an investment in Federal Reserve Bank of Richmond (“FRB”) stock which totaled $460 thousand and $382 thousand at June 30, 2015 and December 31, 2014, respectively. The investments in both FHLB and FRB stock are required investments related to the Bank’s membership with the FHLB and FRB. These securities do not have a readily determinable fair value as their ownership is restricted, and they lack an active market for trading. Additionally, per charter provisions related to the FHLB and FRB stock, all repurchase transactions of such stock must occur at par. Accordingly, these securities are carried at cost, and are periodically evaluated for impairment. The Company’s determination as to whether its investment in FHLB and FRB stock is impaired is based on management’s assessment of the ultimate recoverability of its par value rather than recognizing temporary declines in its value. The determination of whether the decline affects the ultimate recoverability of the investments is influenced by available information regarding various factors. These factors include, among others, the significance of the decline in net assets of the issuing banks as compared to the capital stock amount reported by these banks, and the length of time a decline has persisted; commitments by such banks to make payments required by law or regulation and the level of such payments in relation to the operating performance of the issuing bank; and the overall liquidity position of the issuing bank. Based on its most recent analysis of publicly available information regarding the financial condition of the issuing banks, management concluded that no impairment existed in the carrying value of FHLB and FRB stock.

Loans

Loans	6 Months Ended
	Jun. 30, 2015
Loans	Note 5: Loans The following is a summary of the balances of loans: (Dollars in thousands) June 30, 2015 December 31, 2014 Mortgage loans on real estate: Construction, Land and Land Development $ 43,894 $ 43,048 Farmland 1,080 1,128 Commercial Mortgages (Non-Owner Occupied) 21,918 20,534 Commercial Mortgages (Owner Occupied) 36,441 33,326 Residential First Mortgages 150,222 135,267 Residential Revolving and Junior Mortgages 26,362 25,400 Commercial and Industrial loans 31,001 34,002 Consumer Loans 5,623 5,349 Total loans 316,541 298,054 Net unamortized deferred loans costs 340 393 Allowance for loan losses (3,439 ) (3,205 ) Loans, net $ 313,442 $ 295,242 The recorded investment in past due and non-accruing loans is shown in the following table. A loan past due by more than 90 days is generally placed on nonaccrual unless it is both well secured and in the process of collection. (Dollars in thousands) Loans Past Due and Nonaccruals June 30, 2015 30-89 90 Days or Nonaccruals Total Past Current Total Construction, Land and Land Development $ 47 $ 67 $ 768 $ 882 $ 43,012 $ 43,894 Farmland — — — — 1,080 1,080 Commercial Mortgages (Non-Owner Occupied) — — 1,045 1,045 20,873 21,918 Commercial Mortgages (Owner Occupied) 1,098 — 1,495 2,593 33,848 36,441 Residential First Mortgages 1,383 323 900 2,606 147,616 150,222 Residential Revolving and Junior Mortgages 152 — 115 267 26,095 26,362 Commercial and Industrial 39 — 124 163 30,838 31,001 Consumer Loans 48 5 — 53 5,570 5,623 Total $ 2,767 $ 395 $ 4,447 $ 7,609 $ 308,932 $ 316,541 Loans Past Due and Nonaccruals December 31, 2014 30-89 90 Days or Nonaccruals Total Past Current Total Construction, Land and Land Development $ 64 $ — $ 669 $ 733 $ 42,315 $ 43,048 Farmland — — — — 1,128 1,128 Commercial Mortgages (Non-Owner Occupied) — — — — 20,534 20,534 Commercial Mortgages (Owner Occupied) — — 566 566 32,760 33,326 Residential First Mortgages 1,270 — 359 1,629 133,638 135,267 Residential Revolving and Junior Mortgages 6 — 31 37 25,363 25,400 Commercial and Industrial 96 — 228 324 33,678 34,002 Consumer Loans 66 14 101 181 5,168 5,349 Total $ 1,502 $ 14 $ 1,954 $ 3,470 $ 294,584 $ 298,054

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Allowance for Loan Losses	Note 6: Allowance for Loan Losses Allowance for Loan Losses A disaggregation of and an analysis of the change in the allowance for loan losses by segment is shown below. (Dollars in thousands) Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,763 $ 315 $ 169 $ 3,247 (Charge-offs) — — (54 ) (54 ) Recoveries 5 — 36 41 Provision 121 105 (21 ) 205 Ending Balance $ 2,889 $ 420 $ 130 $ 3,439 Individually evaluated for impairment $ 801 $ 122 $ — $ 923 Collectively evaluated for impairment 2,088 298 130 2,516 Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,497 $ 248 $ 205 $ 2,950 (Charge-offs) (75 ) — (12 ) (87 ) Recoveries 8 — 5 13 Provision 159 (37 ) (25 ) 97 Ending Balance $ 2,589 $ 211 $ 173 $ 2,973 Individually evaluated for impairment $ 724 $ — $ 32 $ 756 Collectively evaluated for impairment 1,865 211 141 2,217 (Dollars in thousands) Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,778 $ 323 $ 104 $ 3,205 (Charge-offs) (1 ) — (86 ) (87 ) Recoveries 10 — 41 51 Provision 102 97 71 270 Ending Balance $ 2,889 $ 420 $ 130 $ 3,439 Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,465 $ 256 $ 204 $ 2,925 (Charge-offs) (214 ) — (21 ) (235 ) Recoveries 14 — 7 21 Provision 324 (45 ) (17 ) 262 Ending Balance $ 2,589 $ 211 $ 173 $ 2,973 Loan receivables evaluated for impairment individually and collectively by segment as of June 30, 2015 and December 31, 2014 are as follows: (Dollars in thousands) As of June 30, 2015 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 9,645 $ 122 $ 3 $ 9,770 Collectively evaluated for impairment 270,272 30,879 5,620 306,771 Total Gross Loans $ 279,917 $ 31,001 $ 5,623 $ 316,541 As of December 31, 2014 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 6,842 $ — $ 16 $ 6,858 Collectively evaluated for impairment 251,861 34,002 5,333 291,196 Total Gross Loans $ 258,703 $ 34,002 $ 5,349 $ 298,054 Internal Risk Rating Grades Internal risk rating grades are generally assigned to commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250,000 with chronic delinquency, and TDRs, as shown in the following table. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. Risk grades (refer to Note 2) are evaluated as new information becomes available for each borrowing relationship or at least quarterly. (Dollars in thousands) As of June 30, 2015 Construction, Farmland Commercial (Non-Owner Commercial Commercial Total Grade: Pass $ 36,215 $ 1,080 $ 18,546 $ 27,518 $ 29,267 $ 112,626 Watch 5,497 — 1,703 3,299 1,228 11,727 Special mention 1,102 — — 3,484 273 4,859 Substandard 1,080 — 1,669 2,140 233 5,122 Doubtful — — — — — — Total $ 43,894 $ 1,080 $ 21,918 $ 36,441 $ 31,001 $ 134,334 As of December 31, 2014 Construction, Farmland Commercial (Non-Owner Commercial Commercial Total Grade: Pass $ 34,913 $ 1,128 $ 16,426 $ 23,967 $ 31,041 $ 107,475 Watch 5,649 — 3,770 4,430 2,492 16,341 Special mention 1,403 — — 2,789 154 4,346 Substandard 1,083 — 338 2,140 315 3,876 Doubtful — — — — — — Total $ 43,048 $ 1,128 $ 20,534 $ 33,326 $ 34,002 $ 132,038 Loans not assigned internal risk rating grades are comprised of smaller residential mortgages and smaller consumer loans. Payment activity of these loans is reviewed monthly by management. However, some of these loans are graded when the borrower’s total exposure to the Bank exceeds the limits noted above. Loans are considered to be nonperforming when they are delinquent by 90 days or more or non-accruing and credit risk is primarily evaluated by delinquency status, as shown in the table below. (Dollars in thousands) Residential As of June 30, 2015 PAYMENT ACTIVITY STATUS Residential Revolving Consumer Total Performing $ 148,999 $ 26,247 $ 5,618 $ 180,864 Nonperforming 1,223 115 5 1,343 Total $ 150,222 $ 26,362 $ 5,623 $ 182,207 As of December 31, 2014 PAYMENT ACTIVITY STATUS Residential Residential Consumer Total Performing $ 134,908 $ 25,369 $ 5,234 $ 165,511 Nonperforming 359 31 115 505 Total $ 135,267 $ 25,400 $ 5,349 $ 166,016 (1) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $1.9 million as of June 30, 2015. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $216 thousand as of June 30, 2015. (3) Consumer Loans which have been assigned a risk rating grade of Substandard were zero as of June 30, 2015. (4) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.1 million as of December 31, 2014. (5) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $219 thousand as of December 31, 2014. (6) Consumer Loans which have been assigned a risk rating grade of Substandard totaled $1 thousand as of December 31, 2014. Impaired Loans The following tables show the Company’s recorded investment and the customers’ unpaid principal balances for impaired loans, with the associated allowance amount, if applicable, as of June 30, 2015 and December 31, 2014, along with the average recorded investment and interest income recognized for the three and six months ended June 30, 2015 and 2014, respectively. (Dollars in thousands) As of June 30, 2015 As of December 31, 2014 IMPAIRED LOANS Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related With no related allowance: Construction, land and land development $ 448 $ 452 $ — $ 450 $ 452 $ — Residential First Mortgages 1,957 1,981 — 1,568 1,584 — Residential Revolving and Junior Mortgages (1) 50 50 — 50 50 — Commercial Mortgages (Non-owner occupied) 1,309 1,309 — 264 264 — Commercial Mortgages (Owner occupied) 1,936 1,969 — 1,887 1,916 — Commercial and Industrial — — — — — — Consumer (2) 3 3 — 5 5 — 5,703 5,764 — 4,224 4,271 — With an allowance recorded: Construction, land and land development 270 292 128 277 292 144 Residential First Mortgages 2,154 2,154 356 2,173 2,173 437 Residential Revolving and Junior Mortgages (1) 173 173 83 173 173 84 Commercial Mortgages (Non-owner occupied) — — — — — — Commercial Mortgages (Owner occupied) 1,348 1,356 234 — — — Commercial and Industrial 122 122 122 — — — Consumer (2) — — — 11 11 11 4,067 4,097 923 2,634 2,649 676 Total Impaired Loans: Construction, land and land development 718 744 128 727 744 144 Residential First Mortgages 4,111 4,135 356 3,741 3,757 437 Residential Revolving and Junior Mortgages (1) 223 223 83 223 223 84 Commercial Mortgages (Non-owner occupied) 1,309 1,309 — 264 264 — Commercial Mortgages (Owner occupied) 3,284 3,325 234 1,887 1,916 — Commercial and Industrial 122 122 122 — — — Consumer (2) 3 3 — 16 16 11 $ 9,770 $ 9,861 $ 923 $ 6,858 $ 6,920 $ 676 (1) Junior mortgages include equity lines. (2) Includes credit cards. For the three months ended For the three months ended June 30, 2015 June 30, 2014 (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 449 $ — $ 451 $ 1 Residential First Mortgages 1,761 18 1,042 10 Residential Revolving and Junior Mortgages (1) 50 1 — — Commercial Mortgages (Non-owner occupied) 786 14 264 4 Commercial Mortgages (Owner occupied) 1,552 18 1,917 20 Commercial and Industrial — — — — Consumer (2) 4 — — — 4,602 51 3,674 35 With an allowance recorded: Construction, land and land development 272 1 288 1 Residential First Mortgages 2,160 26 2,186 26 Residential Revolving and Junior Mortgages (1) 173 2 174 2 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 1,026 8 — — Commercial and Industrial 123 — — — Consumer (2) — — 38 1 3,754 37 2,686 30 Total Construction, land and land development 721 1 739 2 Residential First Mortgages 3,921 44 3,228 36 Residential Revolving and Junior Mortgages (1) 223 3 174 2 Commercial Mortgages (Non-owner occupied) 786 14 264 4 Commercial Mortgages (Owner occupied) 2,578 26 1,917 20 Commercial and Industrial 123 — — — Consumer (2) 4 — 38 1 $ 8,356 $ 88 $ 6,360 $ 65 (1) Junior mortgages include equity lines. (2) Includes credit cards. For the six months ended For the six months ended (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 449 $ — $ 452 $ 2 Residential First Mortgages 1,696 36 1,046 21 Residential Revolving and Junior Mortgages (1) 50 2 — — Commercial Mortgages (Non-owner occupied) 612 18 264 8 Commercial Mortgages (Owner occupied) 1,429 27 1,924 42 Commercial and Industrial — — — — Consumer (2) 4 — — — 4,240 83 3,686 73 With an allowance recorded: Construction, land and land development 274 2 242 1 Residential First Mortgages 2,164 52 2,190 47 Residential Revolving and Junior Mortgages (1) 173 4 174 4 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 919 12 — — Commercial and Industrial 82 — — — Consumer (2) — — 38 2 3,612 70 2,644 54 Total Construction, land and land development 723 2 694 3 Residential First Mortgages 3,860 88 3,236 68 Residential Revolving and Junior Mortgages (1) 223 6 174 4 Commercial Mortgages (Non-owner occupied) 612 18 264 8 Commercial Mortgages (Owner occupied) 2,348 39 1,924 42 Commercial and Industrial 82 — — — Consumer (2) 4 — 38 2 $ 7,852 $ 153 $ 6,330 $ 127 (1) Junior mortgages include equity lines. (2) Includes credit cards. Smaller non-accruing loans and non-accruing loans that are not graded because they are included in homogenous pools generally do not meet the criteria for impairment testing, and are therefore excluded from impaired loan disclosures. At June 30, 2015 and December 31, 2014, non-accruing loans excluded from impaired loan disclosure totaled $591 thousand and $663 thousand, respectively. If interest on these non-accruing loans had been accrued, such income would have approximated $4 thousand and $6 thousand during the three months ended June 30, 2015 and 2014, respectively, and $8 thousand and $13 thousand during the six months ended June 30, 2015 and 2014, respectively. Loan Modifications Loans modified as TDRs are considered impaired and are individually evaluated for the amount of impairment in the ALL. The following table presents, by segments of loans, information related to loans modified as TDRs during the three and six months ended June 30, 2015 and 2014. For the three months ended For the three months ended June 30, 2015 June 30, 2014 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Construction, land and land development (1) — $ — $ — 2 $ 282 $ 282 (1) Modifications were an extension of loan terms. For the six months ended For the six months ended June 30, 2015 June 30, 2014 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Construction, land and land development (1) — $ — $ — 2 $ 282 $ 282 Commercial mortgages (Owner occupied) (2) 1 105 124 — — — (1) Modifications were an extension of loan terms. (2) Modifications were capitalization of interest. (Dollars in thousands) For the three months ended For the three months ended TROUBLED DEBT RESTRUCTURINGS THAT SUBSEQUENTLY DEFAULTED Number of Recorded Number of Recorded Residential revolving and junior mortgages — $ — 1 $ 75 (Dollars in thousands) For the six months ended For the six months ended TROUBLED DEBT RESTRUCTURINGS THAT SUBSEQUENTLY DEFAULTED Number of Recorded Number of Recorded Residential revolving and junior mortgages — $ — 1 $ 75 Commercial mortgages (Owner occupied) 1 124 — — Other Real Estate Owned The table below details the properties included in other real estate owned (“OREO”) as of June 30, 2015 and December 31, 2014. There was one collateralized consumer residential mortgage loan with a balance of $28 thousand in the process of foreclosure as of June 30, 2015. The property was foreclosed on August 3, 2015. As of June 30, 2015 As of December 31, 2014 (Dollars in thousands) No. of Carrying No. of Carrying Residential 7 $ 1,407 10 $ 1,559 Land lots 7 442 13 587 Convenience stores 2 234 2 234 Restaurant 1 107 1 107 Commercial properties 2 434 1 304 Total 19 $ 2,624 27 $ 2,791 Included in other assets as of June 30, 2015, was one residential property purchased in 2013 from a related party with a value of $724 thousand and a former branch, which was closed April 30, 2015, with a value of $398 thousand. As of December 31, 2014, the residential property was included in other assets and had a value of $771 thousand. Both properties are being marketed for sale.

Earnings per share

Earnings per share	6 Months Ended
	Jun. 30, 2015
Earnings per share	Note 7: Earnings per share The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock. For the three months ended For the six months ended June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Average Per share Average Per share Average Per share Average Per share Basic earnings per share 4,802,032 $ 0.06 4,818,733 $ 0.05 4,805,922 $ 0.14 4,818,311 $ 0.15 Effect of dilutive securities: Stock options 17,290 18,050 13,565 14,105 Diluted earnings per share 4,819,322 $ 0.06 4,836,783 $ 0.05 4,819,487 $ 0.14 4,832,416 $ 0.15 For the three months ended June 30, 2015 and 2014, options on 54,733 and 62,588 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive. For the six months ended June 30, 2015 and 2014, options of 68,473 and 68,828 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation	Note 8: Stock-Based Compensation On June 28, 2013, the Company registered with the Securities and Exchange Commission a new stock-based compensation plan, which superseded all other plans. There are 370,500 shares available for grant under this plan at June 30, 2015. Stock-based compensation expense related to stock awards was zero for both the three month periods ended June 30, 2015 and 2014 and during the six month periods ended June 30, 2015 and 2014 was $17 thousand and $20 thousand, respectively. Compensation expense for stock options is the estimated fair value of options on the date granted using the Black-Scholes Model amortized on a straight-line basis over the vesting period of the award. There was no unrecognized compensation expense related to stock options as of June 30, 2015. Options for a total of 7,500 shares were granted and vested during the six months ended June 30, 2015. The aggregate fair value of options granted during the six months ended June 30, 2015 was $17 thousand. Options for a total of 7,000 shares were granted and vested during the six months ended June 30, 2014. The aggregate fair value of options granted during the six months ended June 30, 2014 was $20 thousand. The variables used in these calculations of the fair value of the options are as follows: For the six months ended June 30, 2015 2014 Risk free interest rate (5 year Treasury) 1.52 % 2.70 % Expected dividend yield 0.0 % 0.0 % Expected term (years) 5 5 Expected volatility 47.1 % 51.4 % Stock option activity for the six months ended June 30, 2015 (unaudited) is summarized below: Shares Weighted Average Weighted Aggregate Options outstanding, January 1, 2015 190,419 $ 7.02 6.2 Granted 7,500 5.37 Forfeited — — Exercised — — Expired (7,734 ) 14.43 Options outstanding and exercisable, June 30, 2015 190,185 $ 6.66 6.1 $ 94,373 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on June 30, 2015. This amount changes based on changes in the market value of the Company’s common stock.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2015
Employee Benefit Plans	Note 9: Employee Benefit Plans The Company has a non-contributory, defined benefit pension plan for full-time employees who were over 21 years of age and vested in the plan as of December 31, 2012, when the plan was frozen. Each participant’s account balance grows based on monthly interest credits. The Company funds pension costs in accordance with the funding provisions of the Employee Retirement Income Security Act. The Company sponsors a post-retirement benefit plan covering current and future retirees who acquire age 55 and 10 years of service or age 65 and 5 years of service. The post-retirement benefit plan provides coverage toward a retiree’s eligible medical and life insurance benefits expenses. The plan is unfunded and funded as benefits are due. Components of Net Periodic (Benefit) Cost (Dollars in thousands) Pension Benefits Post-Retirement Benefits Six months ended June 30, 2015 2014 2015 2014 Service cost $ — $ — $ 11 $ 8 Interest cost 66 71 15 15 Expected return on plan assets (99 ) (101 ) — — Amortization of unrecognized net loss — 19 — — Recognized net actuarial loss 37 — — — Net periodic (benefit) cost $ 4 $ (11 ) $ 26 $ 23 The Company expects to make no contribution to its pension plan and $5 thousand to its post-retirement benefit plan during the remainder of 2015. The Company has contributed $5 thousand towards the post-retirement plan during the first six months of 2015.

Long Term Debt

Long Term Debt	6 Months Ended
	Jun. 30, 2015
Long Term Debt	Note 10: Long Term Debt FHLB Debt As of June 30, 2015, the Bank had FHLB debt consisting of five advances (see table below). A $5 million advance with an interest rate of 2.69% matured in May 2014 and was replaced with a new $5 million three month LIBOR-based floating rate advance. One of these advances was repaid in the second quarter of 2015. Two $5 million advances were drawn in June 2014 and two $5 million advances were drawn in October 2014, all of which were fixed rate advances. The five advances are shown in the following table. Description Balance Originated Current Maturity Adjustable Rate Hybrid $ 10,000,000 4/12/2013 2.65590 % 4/13/2020 Fixed Rate Credit 5,000,000 10/20/2014 0.47000 % 4/20/2016 Fixed Rate Credit 5,000,000 10/20/2014 0.30000 % 10/20/2015 Fixed Rate Credit 5,000,000 5/20/2015 0.37000 % 2/22/2016 Adjustable Rate Credit 5,000,000 6/18/2015 0.30080 % 9/19/2016 $ 30,000,000 Advances on the FHLB lines are secured by a blanket lien on qualified 1 to 4 family residential real estate loans. Immediate available credit, as of June 30, 2015, was $44.2 million against a total line of credit of $78.2 million. As of June 30, 2015 and December 31, 2014, the Company had $30.0 million and $35.0 million, respectively, in FHLB debt outstanding with a weighted average interest rate of 1.13% and 0.96%, respectively. Subordinated Debt On May 28, 2015, the Company entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with twenty-nine accredited investors under which the Company issued an aggregate of $7,000,000 of subordinated notes (the “Notes”) to the accredited investors. The Notes have a maturity date of May 28, 2025. The Notes bear interest, payable on the 1st of March and September of each year, commencing September 1, 2015, at a fixed interest rate of 6.50% per year. The Notes are not convertible into common stock or preferred stock, and are not callable by the holders. The Company has the right to redeem the Notes, in whole or in part, without premium or penalty, at any time on or after May 28, 2020 and prior to the maturity date, but in all cases in a principal amount with integral multiples of $1,000, plus interest accrued and unpaid through the date of redemption. If an event of default occurs, such as the bankruptcy of the Company, the holder of a Note may declare the principal amount of the Note to be due and immediately payable. The Notes are unsecured, subordinated obligations of the Company and will rank junior in right of payment to the Company’s existing and future senior indebtedness. The Notes qualify as Tier 2 capital for regulatory reporting. (Dollars in thousands) Balance as of 6.5% Subordinated Debt $ 7,000 Less: Issuance costs (159 ) $ 6,841 Bank Dividends One source of funds available to the Company is the payment of dividends by the Bank. Banking regulations limit the amount of dividends that may be paid without prior approval from the Bank’s regulators.

Regulatory Capital Requirements

Regulatory Capital Requirements and Restrictions	6 Months Ended
	Jun. 30, 2015
Regulatory Capital Requirements and Restrictions	Note 11. Regulatory Capital Requirements and Restrictions In July 2013, the Board of Governors of the Federal Reserve System issued final rules that make technical changes to its capital rules to align them with the Basel III regulatory capital framework and meet certain requirements of the Dodd-Frank Act. Effective January 1, 2015, the final rules require the Bank to comply with the following minimum capital ratios: (i) a new Common Equity Tier 1 capital ratio of 4.5% of risk-weighted assets; (ii) a Tier 1 capital ratio of 6.0% of risk-weighted assets (increased from the prior requirement of 4.0%); (iii) a total capital ratio of 8.0% of risk-weighted assets (unchanged from the prior requirement); and (iv) a leverage ratio of 4.0% of total assets (unchanged from the prior requirement). These are the initial capital requirements, which will be phased in over a four-year period. When fully phased in on January 1, 2019, the rules will require the Bank to maintain (i) a minimum ratio of Common Equity Tier 1 to risk-weighted assets of at least 4.5%, plus a 2.5% “capital conservation buffer” (which is added to the 4.5% Common Equity Tier 1 ratio as that buffer is phased in, effectively resulting in a minimum ratio of Common Equity Tier 1 to risk-weighted assets of at least 7.0% upon full implementation), (ii) a minimum ratio of Tier 1 capital to risk-weighted assets of at least 6.0%, plus the 2.5% capital conservation buffer (which is added to the 6.0% Tier 1 capital ratio as that buffer is phased in, effectively resulting in a minimum Tier 1 capital ratio of 8.5% upon full implementation), (iii) a minimum ratio of total capital to risk-weighted assets of at least 8.0%, plus the 2.5% capital conservation buffer (which is added to the 8.0% total capital ratio as that buffer is phased in, effectively resulting in a minimum total capital ratio of 10.5% upon full implementation), and (iv) a minimum leverage ratio of 4.0%, calculated as the ratio of Tier 1 capital to average assets. The capital conservation buffer requirement will be phased in beginning January 1, 2016, at 0.625% of risk-weighted assets, increasing by the same amount each year until fully implemented at 2.5% on January 1, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a ratio of Common Equity Tier 1 to risk-weighted assets above the minimum but below the conservation buffer will face constraints on dividends, equity repurchases and compensation based on the amount of the shortfall. The Company’s and the Bank’s actual capital amounts and ratios as of June 30, 2015 and December 31, 2014, are presented in the following tables: Actual Minimum Minimum (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of June 30, 2015: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 49,097 16.90 % $ 23,242 8.00 % N/A N/A Bank of Lancaster 40,498 14.08 % 23,010 8.00 % $ 28,763 10 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,817 13.36 % 11,621 6.00 % N/A N/A Bank of Lancaster 37,059 12.88 % 11,505 6.00 % $ 17,258 6 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,817 13.36 % 11,621 4.50 % N/A N/A Bank of Lancaster 37,059 12.88 % 11,505 4.50 % $ 14,381 5 % Tier 1 Capital (to Average Assets) Consolidated 38,817 9.52 % 16,307 4.00 % N/A N/A Bank of Lancaster 37,059 9.17 % 16,162 4.00 % $ 20,203 5 % Actual Minimum Minimum (Amounts in Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2014: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 41,445 15.02 % $ 22,074 8.00 % N/A N/A Bank of Lancaster 36,446 13.30 % 21,927 8.00 % $ 27,409 10 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,240 13.86 % 11,037 4.00 % N/A N/A Bank of Lancaster 33,241 12.13 % 10,964 4.00 % $ 16,445 6 % Tier 1 Capital (to Average Assets) Consolidated 38,240 10.36 % 14,770 4.00 % N/A N/A Bank of Lancaster 33,241 9.07 % 14,664 4.00 % $ 18,329 5 %

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements	Note 12: Fair Value Measurements The Company uses fair value to record certain assets and liabilities and to determine fair value disclosures. Authoritative accounting guidance clarifies that fair value of certain assets and liabilities is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Authoritative accounting guidance specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. The three levels of the fair value hierarchy based on these two types of inputs are as follows: Level 1 – Valuation is based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the market. Level 3 – Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market. The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the financial statements: Securities available-for-sale Defined benefit plan assets Mortgage servicing rights The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014: (Dollars in thousands) Fair Value Measurements at June 30, 2015 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 200 $ — $ — $ 200 U. S. Government agencies 21,373 1,366 20,007 — State and municipal obligations 23,241 — 23,241 — Certificates of deposit 2,242 — 2,242 — Total securities available-for-sale: $ 47,056 $ 1,366 $ 45,490 $ 200 Mortgage servicing rights $ 632 $ — $ — $ 632 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,178 1,178 — — Mutual funds - equity 1,751 1,751 — — Total defined benefit plan assets $ 2,932 $ 2,932 $ — $ — Fair Value Measurements at December 31, 2014 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: U. S. Government agencies $ 16,965 $ 845 $ 16,120 $ — State and municipal obligations 23,401 — 23,401 — Certificates of deposit 2,238 — 2,238 — Total securities available-for-sale: $ 42,604 $ 845 $ 41,759 $ — Mortgage servicing rights $ 596 $ — $ — $ 596 Defined benefit plan assets: Cash and cash equivalents $ 4 $ 4 $ — $ — Mutual funds - fixed income 1,139 1,139 — — Mutual funds - equity 1,754 1,754 — — Total defined benefit plan assets $ 2,897 $ 2,897 $ — $ — The reconciliation of items using Level 3 inputs is as follows: (Dollars in thousands) MSRs Corporate Balance, January 1, 2015 $ 596 $ — Purchases — 200 Impairments — — Fair value adjustments 36 — Sales — — Balance, June 30, 2015 $ 632 $ 200 Certain assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the financial statements: Impaired Loans: Other Real Estate Owned: The following table summarizes the Company’s assets that were measured at fair value on a nonrecurring basis at the end of the respective period. Fair Value Measurements at June 30, 2015 Using (Dollars in thousands) Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 3,144 $ — $ — $ 3,144 Other real estate owned, net 2,624 — — 2,624 Fair Value Measurements at December 31, 2014 Using Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 1,958 $ — $ — $ 1,958 Other real estate owned, net 2,791 — — 2,791 The following table displays quantitative information about Level 3 Fair Value Measurements as of June 30, 2015: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 3,144 Discounted appraised value Selling Cost 10% - 25% (13%) Lack of Marketability 25% - 75 (52%) Other real estate owned, net 2,624 Discounted appraised value Selling Cost 3% - 13% (5%) Lack of Marketability 7% - 20% (10%) The following table displays quantitative information about Level 3 Fair Value Measurements as of December 31, 2014: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 1,958 Discounted appraised value Selling Cost 10% - 20% (10%) Lack of Marketability 25% - 75% (53%) Other real estate owned, net 2,791 Discounted appraised value Selling Cost 3% - 13% (5%) Lack of Marketability 7% - 20% (11%) The estimated fair values of financial instruments are shown in the following table. The carrying amounts in the table are included in the balance sheet under the applicable captions. Fair Value Measurements at June 30, 2015 Using (Dollars in thousands) Description Balance as of Fair Value as of Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 5,880 $ 5,880 $ 5,880 $ — $ — Interest-bearing deposits 20,605 20,605 20,605 — — Federal funds sold 2,187 2,187 2,187 — — Securities available-for-sale 47,056 47,056 1,366 45,490 200 Restricted securities 2,261 2,261 — — 2,261 Loans, net 313,442 319,343 — — 319,343 Loans held for sale 709 709 — — 709 Accrued interest receivable 1,237 1,237 — 1,237 — Mortgage servicing rights 632 632 — — 632 Financial Liabilities: Non-interest-bearing liabilities $ 61,073 $ 61,073 $ 61,073 $ — $ — Savings and other interest-bearing deposits 152,794 152,503 — 152,503 — Time deposits 119,734 121,026 — — 121,026 Securities sold under repurchase agreements 8,787 8,787 — 8,787 — FHLB advances 30,000 30,911 — 30,911 — Subordinated debt 6,841 7,000 — — 7,000 Accrued interest payable 201 201 — 201 — Fair Value Measurements at December 31, 2014 Using (Dollars in thousands) Description Balance as of Fair Value as of Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 6,181 $ 6,181 $ 6,181 $ — $ — Interest-bearing deposits 14,784 14,784 14,784 — — Federal funds sold 119 119 119 — — Securities available-for-sale 42,604 42,604 845 41,759 — Restricted securities 2,430 2,430 — — 2,430 Loans, net 295,242 300,481 — — 300,481 Accrued interest receivable 1,197 1,197 — 1,197 — Mortgage servicing rights 596 596 — — 596 Financial Liabilities: Non-interest-bearing liabilities $ 63,308 $ 63,308 $ 63,308 $ — $ — Savings and other interest-bearing deposits 122,502 122,502 — 122,502 — Time deposits 121,775 122,662 — — 122,662 Securities sold under repurchase agreements 6,012 6,012 — 6,012 — FHLB advances 35,000 35,951 — 35,951 — Accrued interest payable 149 149 — 149 — The carrying amounts of cash and due from banks, interest-bearing deposits, federal funds sold or purchased, accrued interest receivable, loans held for sale and non-interest-bearing deposits, are payable on demand, or are of such short duration that carrying value approximates market value. Securities available-for-sale are carried at quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data. Third party vendors compile prices from various sources and may determine the fair value of identical or similar securities by using pricing models that consider observable market data (Level 2). In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. The carrying value of restricted securities approximates fair value based on the redemption provisions of the issuer. MSRs are carried at fair value. As described above, a valuation model is used to determine fair value. This model utilizes a discounted cash flow analysis with servicing costs and prepayment assumptions based on comparable instruments and a discount rate. The fair value of performing loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar remaining maturities. This calculation ignores loan fees and certain factors affecting the interest rates charged on various loans such as the borrower’s creditworthiness and compensating balances and dissimilar types of real estate held as collateral. The fair value of impaired loans is measured as described within the Impaired Loans section of this note. The fair value of loans does not consider the lack of liquidity and uncertainty in the market that would affect the valuation. Time deposits are presented at estimated fair value by discounting the future cash flows using interest rates offered for deposits of similar remaining maturities. As a result of being issued and sold at the end of May 2015, the fair value of the Company’s subordinated debt is estimated at its sales price of par less issuance costs. The fair value of the FHLB advances is estimated by discounting the future cash flows using the current interest rates offered for similar advances. The fair value of commitments to extend credit is estimated using the fees currently charged to enter similar agreements, taking into account the remaining terms of the agreements and the present credit worthiness of the counter parties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of standby letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counter parties at the reporting date. At June 30, 2015 and December 31, 2014, the fair value of loan commitments and standby letters of credit was immaterial and therefore, they are not included in the table above. The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair value of the Company’s financial instruments will change when interest rate levels change and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk. However, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2015
Changes in Accumulated Other Comprehensive Income (Loss)	Note 13: Changes in Accumulated Other Comprehensive Income (Loss) The balances in accumulated other comprehensive income (loss) are shown in the following tables: For the Three Months Ended June 30, 2015 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2015 $ 246 $ (966 ) $ (720 ) Change in net unrealized holding losses on securities, before reclassification, net of tax benefit of $192 (372 ) — (372 ) Reclassification for previously unrealized net gains recognized in income, net of tax expense of $2 (4 ) — (4 ) Balance June 30, 2015 $ (130 ) $ (966 ) $ (1,096 ) For the Three Months Ended June 30, 2014 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2014 $ (468 ) $ (382 ) $ (850 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $112 223 — 223 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $6 10 — 10 Balance June 30, 2014 $ (235 ) $ (382 ) $ (617 ) For the Six Months Ended June 30, 2015 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2015 $ 45 $ (966 ) $ (921 ) Change in net unrealized holding losses on securities, before reclassification, net of tax benefit of $90 (174 ) — (174 ) Reclassification for previously unrealized net gains recognized in income, net of tax expense of $1 (1 ) — (1 ) Balance June 30, 2015 $ (130 ) $ (966 ) $ (1,096 ) For the Six Months Ended June 30, 2014 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2014 $ (791 ) $ (382 ) $ (1,173 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $280 545 — 545 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $6 11 — 11 Balance June 30, 2014 $ (235 ) $ (382 ) $ (617 ) Reclassification for previously unrealized (losses) gains and impairments on securities are reported in the Consolidated Statements of Income as follows. No unrealized gains (losses) on pension and post-employment related costs were reclassified to the Consolidated Statements of Income in the three and six months ended June 30, 2015 and 2014. Accumulated Other Comprehensive Income (Loss) Reclassification for the Three Months Ended Holding Losses on Securities (In thousands) June 30, 2015 June 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 6 $ (16 ) Tax (expense) benefit (2 ) 6 Impact on net income $ 4 $ (10 ) Accumulated Other Comprehensive Income (Loss) Reclassification for the Six Months Ended Holding Losses on Securities (In thousands) June 30, 2015 June 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 2 $ (17 ) Tax (expense) benefit (1 ) 6 Impact on net income $ 1 $ (11 )

Significant Accounting Polici21

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Loans	Loans The Company grants mortgage loans on real estate; commercial and industrial loans; and consumer and other loans to customers. A substantial portion of the loan portfolio is represented by mortgage loans on real estate. The ability of the Company’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in the Company’s market areas. Loans are reported at their recorded investment, which is the outstanding principal balance net of any unearned income, such as deferred fees and costs, and charge-offs. Interest on loans is recognized over the term of the loan and is calculated using the interest method on principal amounts outstanding. Loan origination fees and certain direct origination costs are deferred and recognized as an adjustment of the related loan yield over the contractual term of the loan, adjusted for early pay-offs, where applicable. The accrual of interest is generally discontinued at the time a loan is 90 days or more past due, or earlier, if collection is uncertain based on an evaluation of the net realizable value of the collateral and the financial strength of the borrower. Payments received for loans no longer accruing interest are applied to the unpaid principal balance. Loans greater than 90 days past due may remain on accrual status if the credit is well-secured and in process of collection. Credit card loans and other personal loans are typically charged off no later than 180 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are charged off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual and past due policies are materially the same for all types of loans. All interest accrued but not collected for loans that are placed on non-accrual or charged off are reversed against interest income. Any interest received on these loans is accounted for on the cash basis or cost recovery method until qualifying for return to accrual. Generally, a loan is returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, or it becomes well secured and in the process of collection.
Allowance for loan losses ("ALL")	Allowance for loan losses (“ALL”) The ALL reflects management’s judgment of probable loan losses inherent in the portfolio at the balance sheet date. Management uses a disciplined process and methodology to establish the ALL each quarter. To determine the total ALL, the Company estimates the reserves needed for each segment of the portfolio, including loans analyzed individually and homogenous pools of loans analyzed on a segmented basis. Considerations include historical experience, the nature and volume of the loan portfolio, adverse situations that may affect a borrower’s ability to repay, estimated value of any underlying collateral, prevailing local and national economic conditions, and internal policies and procedures including credit risk management and underwriting. This evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as additional information becomes available. The ALL calculation methodology’s historical loss factor period is considered the length of a business cycle. The business cycle, upon which the historical loss factor is based, was believed to have begun in the fourth quarter of 2008. During the third quarter of 2013, management determined that the business cycle had ended given noticeable national economic improvement and local real estate market stabilization. The historical loss factor is now based on that business cycle of 19 quarters, compared to the previous averaging period that had been growing each quarter based on the business cycle that began in 2008. The change in methodology during the third quarter of 2013 produced an immaterial change in the ALL calculation. Management employs a risk rating system to evaluate and consistently categorize loan portfolio credit risk. Loans assigned risk rating grades include all commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250 thousand with chronic delinquency, and troubled debt restructures. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. Risk grades are evaluated as new information becomes available for each borrowing relationship or at least quarterly. All other loans not specifically assigned a risk rating grade are monitored as a discrete pool of loans generally based on delinquency status. Risk rating categories are as follows: Pass Watch Special Mention Substandard Doubtful Loss The ALL consists of specific, general, and unallocated components. The specific component is determined by identifying impaired loans (as described below) then evaluating each one to calculate the amount of impairment. Impaired loans measured for impairment generally include: (1) non-accruing Special mention, Substandard and Doubtful loans in excess of $250,000; (2) Substandard and Doubtful loans in excess of $500,000; (3) Special Mention loans in excess of $500,000 if any of the loans in the relationship are more than 30 days past due or if the borrower has filed for bankruptcy; and (4) all troubled debt restructurings (“TDRs”). A specific allowance arises when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component collectively evaluates smaller commercial loans, residential mortgages and consumer loans, grouped into segments and classes. Historical loss experience is calculated and applied to each segment or class, then adjusted for qualitative factors. Qualitative factors include changes in the local and national economic outlook, including unemployment, interest rates, inflation rates and real estate trends; the level and trend of past due and nonaccrual loans; strength of policies and procedures; and oversight of credit risk and quality of underwriting. These qualitative adjustments reflect management’s judgment of risks inherent in the segments. An unallocated component is maintained if needed to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. Changes in the allowance for loan losses and the related provision expense can materially affect net income. The specific component of the ALL calculation accounts for the loan loss reserve necessary on impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not considered impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Accrual of interest may or may not be discontinued for any given impaired loan. Impairment is measured by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Because large groups of smaller balance homogeneous loans are collectively evaluated for impairment, the Company does not generally separately identify smaller balance individual consumer and residential loans for impairment disclosures, unless such loans are the subject of a troubled debt restructuring agreement. The general component of the ALL calculation collectively evaluates groups of loans in segments or classes, as noted above. The segments are: (1) Mortgage loans on real estate; (2) Commercial and industrial loans; and (3) Consumer and other loans. The segment for Mortgage loans on real estate is disaggregated into the following classes: (1) Construction, land and land development; (2) Farmland; (3) Residential first mortgages; (4) Residential revolving and junior mortgages; (5) Commercial mortgages (non-owner-occupied); and (6) Commercial mortgages (owner-occupied). Loans in segment 1 are secured by real estate. Loans in segments 2 and 3 are secured by other types of collateral or are unsecured. A given segment or class may not reflect the purpose of a loan. For example, a business owner may provide his residence as collateral for a loan to his company, in which case the loan would be grouped in a residential mortgage class. Historical loss factors are calculated for the prior 19 quarters by segment and class, and then applied to the current balances in each segment and class. Finally, qualitative factors are applied to each segment and class. Construction and development loans carry risks that the project will not be finished according to schedule or according to budget and the value of the collateral, at any point in time, may be less than the principal amount of the loan. These loans also bear the risk that the general contractor may face financial pressure unrelated to the project. Loans secured by land, farmland and residential mortgages carry the risk of continued credit-worthiness of the borrower and changes in value of the underlying real estate collateral. Commercial mortgages and commercial and industrial loans carry risks associated with the profitable operation of a business and its related cash flows. Additionally, commercial and industrial loans carry risks associated with the value of collateral other than real estate which may depreciate over time. Consumer loans carry risks associated with the continuing credit-worthiness of the borrower and are more likely than real estate loans to be adversely affected by divorce, unemployment, personal illness or bankruptcy of an individual. Consumer loans secured by automobiles carry risks associated with rapidly depreciating collateral. Consumer loans include credit cards, which are unsecured. The summation of the specific, general and unallocated components results in the total estimated ALL. Management may also include an unallocated component to cover uncertainties in the level of probable losses. This estimate is inherently subjective and actual losses could be greater or less than the estimates. Additions to the ALL are made by charges to earnings through the provision for loan losses. Charge-offs result from credit exposures deemed to be uncollectible and the ALL is reduced by these. Recoveries of previously charged off amounts are credited back to the ALL. Charge-off policies are materially the same for all types of loans.
Mortgage servicing rights ("MSRs")	Mortgage servicing rights (“MSRs”) MSRs are included on the consolidated balance sheet and recorded at fair value on an ongoing basis. Changes in the fair value of the MSRs are recorded in the results of operations. A fair value analysis of MSRs is performed on a quarterly basis.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Aggregate Amortized Costs and Fair Values of Available-for-Sale Securities Portfolio	The aggregate amortized costs and fair values of the available-for-sale securities portfolio are as follows: (Dollars in thousands) Available-for-sale securities June 30, 2015 Amortized Gross Gross Fair Corporate bonds $ 200 $ — $ — $ 200 U.S. Government agencies 21,375 67 (69 ) 21,373 State and municipal obligations 23,447 100 (306 ) 23,241 Certificates of deposits 2,232 10 — 2,242 $ 47,254 $ 177 $ (375 ) $ 47,056 Available-for-sale securities December 31, 2014 Amortized Gross Gross Fair U.S. Government agencies $ 16,969 $ 33 $ (37 ) $ 16,965 State and municipal obligations 23,335 226 (160 ) 23,401 Certificates of deposits 2,232 8 (2 ) 2,238 $ 42,536 $ 267 $ (199 ) $ 42,604
Gross Realized Gains and Gross Realized Losses on Sales of Securities	Gross realized gains and gross realized losses on sales and calls of securities were as follows: For the three months ended For the six months ended (Dollars in thousands) 2015 2014 2015 2014 Gross realized gains $ 24 $ 5 $ 24 $ 5 Gross realized losses (18 ) (21 ) (22 ) (22 ) Net realized gains (losses) $ 6 $ (16 ) $ 2 $ (17 ) Aggregate proceeds $ 1,710 $ 2,039 $ 2,324 $ 3,331
Unrealized Loss Positions	Bonds with unrealized loss positions at December 31, 2014 included 29 municipals, 13 federal agencies and three certificates of deposit. The tables are shown below. (Dollars in thousands) Less than 12 months 12 months or more Total June 30, 2015 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government agencies $ 5,297 $ 51 $ 1,871 $ 18 $ 7,168 $ 69 States and municipal obligations 8,238 143 3,372 163 11,610 306 Total temporarily impaired securities $ 13,535 $ 194 $ 5,243 $ 181 $ 18,778 $ 375 Less than 12 months 12 months or more Total December 31, 2014 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government agencies $ 1,499 $ 4 $ 3,532 $ 33 $ 5,031 $ 37 States and municipal obligations 412 5 9,006 155 9,418 160 Certificates of deposit 742 2 — — 742 2 Total temporarily impaired securities $ 2,653 $ 11 $ 12,538 $ 188 $ 15,191 $ 199

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2015
Summary of Balances of Loans	The following is a summary of the balances of loans: (Dollars in thousands) June 30, 2015 December 31, 2014 Mortgage loans on real estate: Construction, Land and Land Development $ 43,894 $ 43,048 Farmland 1,080 1,128 Commercial Mortgages (Non-Owner Occupied) 21,918 20,534 Commercial Mortgages (Owner Occupied) 36,441 33,326 Residential First Mortgages 150,222 135,267 Residential Revolving and Junior Mortgages 26,362 25,400 Commercial and Industrial loans 31,001 34,002 Consumer Loans 5,623 5,349 Total loans 316,541 298,054 Net unamortized deferred loans costs 340 393 Allowance for loan losses (3,439 ) (3,205 ) Loans, net $ 313,442 $ 295,242
Recorded Investment in Past Due and Non-accruing Loans	The recorded investment in past due and non-accruing loans is shown in the following table. A loan past due by more than 90 days is generally placed on nonaccrual unless it is both well secured and in the process of collection. (Dollars in thousands) Loans Past Due and Nonaccruals June 30, 2015 30-89 90 Days or Nonaccruals Total Past Current Total Construction, Land and Land Development $ 47 $ 67 $ 768 $ 882 $ 43,012 $ 43,894 Farmland — — — — 1,080 1,080 Commercial Mortgages (Non-Owner Occupied) — — 1,045 1,045 20,873 21,918 Commercial Mortgages (Owner Occupied) 1,098 — 1,495 2,593 33,848 36,441 Residential First Mortgages 1,383 323 900 2,606 147,616 150,222 Residential Revolving and Junior Mortgages 152 — 115 267 26,095 26,362 Commercial and Industrial 39 — 124 163 30,838 31,001 Consumer Loans 48 5 — 53 5,570 5,623 Total $ 2,767 $ 395 $ 4,447 $ 7,609 $ 308,932 $ 316,541 Loans Past Due and Nonaccruals December 31, 2014 30-89 90 Days or Nonaccruals Total Past Current Total Construction, Land and Land Development $ 64 $ — $ 669 $ 733 $ 42,315 $ 43,048 Farmland — — — — 1,128 1,128 Commercial Mortgages (Non-Owner Occupied) — — — — 20,534 20,534 Commercial Mortgages (Owner Occupied) — — 566 566 32,760 33,326 Residential First Mortgages 1,270 — 359 1,629 133,638 135,267 Residential Revolving and Junior Mortgages 6 — 31 37 25,363 25,400 Commercial and Industrial 96 — 228 324 33,678 34,002 Consumer Loans 66 14 101 181 5,168 5,349 Total $ 1,502 $ 14 $ 1,954 $ 3,470 $ 294,584 $ 298,054

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Allowance for Loan Losses by Portfolio Segment	A disaggregation of and an analysis of the change in the allowance for loan losses by segment is shown below. (Dollars in thousands) Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,763 $ 315 $ 169 $ 3,247 (Charge-offs) — — (54 ) (54 ) Recoveries 5 — 36 41 Provision 121 105 (21 ) 205 Ending Balance $ 2,889 $ 420 $ 130 $ 3,439 Individually evaluated for impairment $ 801 $ 122 $ — $ 923 Collectively evaluated for impairment 2,088 298 130 2,516 Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,497 $ 248 $ 205 $ 2,950 (Charge-offs) (75 ) — (12 ) (87 ) Recoveries 8 — 5 13 Provision 159 (37 ) (25 ) 97 Ending Balance $ 2,589 $ 211 $ 173 $ 2,973 Individually evaluated for impairment $ 724 $ — $ 32 $ 756 Collectively evaluated for impairment 1,865 211 141 2,217 (Dollars in thousands) Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,778 $ 323 $ 104 $ 3,205 (Charge-offs) (1 ) — (86 ) (87 ) Recoveries 10 — 41 51 Provision 102 97 71 270 Ending Balance $ 2,889 $ 420 $ 130 $ 3,439 Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,465 $ 256 $ 204 $ 2,925 (Charge-offs) (214 ) — (21 ) (235 ) Recoveries 14 — 7 21 Provision 324 (45 ) (17 ) 262 Ending Balance $ 2,589 $ 211 $ 173 $ 2,973
Loan Receivables Evaluated for Impairment Individually and Collectively by Segment	Loan receivables evaluated for impairment individually and collectively by segment as of June 30, 2015 and December 31, 2014 are as follows: (Dollars in thousands) As of June 30, 2015 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 9,645 $ 122 $ 3 $ 9,770 Collectively evaluated for impairment 270,272 30,879 5,620 306,771 Total Gross Loans $ 279,917 $ 31,001 $ 5,623 $ 316,541 As of December 31, 2014 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 6,842 $ — $ 16 $ 6,858 Collectively evaluated for impairment 251,861 34,002 5,333 291,196 Total Gross Loans $ 258,703 $ 34,002 $ 5,349 $ 298,054
Internal Risk Rating Grades are Assigned to Commercial Loans Not Secured	Internal risk rating grades are generally assigned to commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250,000 with chronic delinquency, and TDRs, as shown in the following table. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. Risk grades (refer to Note 2) are evaluated as new information becomes available for each borrowing relationship or at least quarterly. (Dollars in thousands) As of June 30, 2015 Construction, Farmland Commercial (Non-Owner Commercial Commercial Total Grade: Pass $ 36,215 $ 1,080 $ 18,546 $ 27,518 $ 29,267 $ 112,626 Watch 5,497 — 1,703 3,299 1,228 11,727 Special mention 1,102 — — 3,484 273 4,859 Substandard 1,080 — 1,669 2,140 233 5,122 Doubtful — — — — — — Total $ 43,894 $ 1,080 $ 21,918 $ 36,441 $ 31,001 $ 134,334 As of December 31, 2014 Construction, Farmland Commercial (Non-Owner Commercial Commercial Total Grade: Pass $ 34,913 $ 1,128 $ 16,426 $ 23,967 $ 31,041 $ 107,475 Watch 5,649 — 3,770 4,430 2,492 16,341 Special mention 1,403 — — 2,789 154 4,346 Substandard 1,083 — 338 2,140 315 3,876 Doubtful — — — — — — Total $ 43,048 $ 1,128 $ 20,534 $ 33,326 $ 34,002 $ 132,038
Performing and Non Performing Loans	Loans are considered to be nonperforming when they are delinquent by 90 days or more or non-accruing and credit risk is primarily evaluated by delinquency status, as shown in the table below. (Dollars in thousands) Residential As of June 30, 2015 PAYMENT ACTIVITY STATUS Residential Revolving Consumer Total Performing $ 148,999 $ 26,247 $ 5,618 $ 180,864 Nonperforming 1,223 115 5 1,343 Total $ 150,222 $ 26,362 $ 5,623 $ 182,207 As of December 31, 2014 PAYMENT ACTIVITY STATUS Residential Residential Consumer Total Performing $ 134,908 $ 25,369 $ 5,234 $ 165,511 Nonperforming 359 31 115 505 Total $ 135,267 $ 25,400 $ 5,349 $ 166,016 (1) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $1.9 million as of June 30, 2015. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $216 thousand as of June 30, 2015. (3) Consumer Loans which have been assigned a risk rating grade of Substandard were zero as of June 30, 2015. (4) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.1 million as of December 31, 2014. (5) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $219 thousand as of December 31, 2014. (6) Consumer Loans which have been assigned a risk rating grade of Substandard totaled $1 thousand as of December 31, 2014.
Company's Recorded Investment and Customers Unpaid Principal Balances for Impaired Loans, with Associated Allowance Amount	The following tables show the Company’s recorded investment and the customers’ unpaid principal balances for impaired loans, with the associated allowance amount, if applicable, as of June 30, 2015 and December 31, 2014, along with the average recorded investment and interest income recognized for the three and six months ended June 30, 2015 and 2014, respectively. (Dollars in thousands) As of June 30, 2015 As of December 31, 2014 IMPAIRED LOANS Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related With no related allowance: Construction, land and land development $ 448 $ 452 $ — $ 450 $ 452 $ — Residential First Mortgages 1,957 1,981 — 1,568 1,584 — Residential Revolving and Junior Mortgages (1) 50 50 — 50 50 — Commercial Mortgages (Non-owner occupied) 1,309 1,309 — 264 264 — Commercial Mortgages (Owner occupied) 1,936 1,969 — 1,887 1,916 — Commercial and Industrial — — — — — — Consumer (2) 3 3 — 5 5 — 5,703 5,764 — 4,224 4,271 — With an allowance recorded: Construction, land and land development 270 292 128 277 292 144 Residential First Mortgages 2,154 2,154 356 2,173 2,173 437 Residential Revolving and Junior Mortgages (1) 173 173 83 173 173 84 Commercial Mortgages (Non-owner occupied) — — — — — — Commercial Mortgages (Owner occupied) 1,348 1,356 234 — — — Commercial and Industrial 122 122 122 — — — Consumer (2) — — — 11 11 11 4,067 4,097 923 2,634 2,649 676 Total Impaired Loans: Construction, land and land development 718 744 128 727 744 144 Residential First Mortgages 4,111 4,135 356 3,741 3,757 437 Residential Revolving and Junior Mortgages (1) 223 223 83 223 223 84 Commercial Mortgages (Non-owner occupied) 1,309 1,309 — 264 264 — Commercial Mortgages (Owner occupied) 3,284 3,325 234 1,887 1,916 — Commercial and Industrial 122 122 122 — — — Consumer (2) 3 3 — 16 16 11 $ 9,770 $ 9,861 $ 923 $ 6,858 $ 6,920 $ 676 (1) Junior mortgages include equity lines. (2) Includes credit cards. For the three months ended For the three months ended June 30, 2015 June 30, 2014 (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 449 $ — $ 451 $ 1 Residential First Mortgages 1,761 18 1,042 10 Residential Revolving and Junior Mortgages (1) 50 1 — — Commercial Mortgages (Non-owner occupied) 786 14 264 4 Commercial Mortgages (Owner occupied) 1,552 18 1,917 20 Commercial and Industrial — — — — Consumer (2) 4 — — — 4,602 51 3,674 35 With an allowance recorded: Construction, land and land development 272 1 288 1 Residential First Mortgages 2,160 26 2,186 26 Residential Revolving and Junior Mortgages (1) 173 2 174 2 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 1,026 8 — — Commercial and Industrial 123 — — — Consumer (2) — — 38 1 3,754 37 2,686 30 Total Construction, land and land development 721 1 739 2 Residential First Mortgages 3,921 44 3,228 36 Residential Revolving and Junior Mortgages (1) 223 3 174 2 Commercial Mortgages (Non-owner occupied) 786 14 264 4 Commercial Mortgages (Owner occupied) 2,578 26 1,917 20 Commercial and Industrial 123 — — — Consumer (2) 4 — 38 1 $ 8,356 $ 88 $ 6,360 $ 65 (1) Junior mortgages include equity lines. (2) Includes credit cards. For the six months ended For the six months ended (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 449 $ — $ 452 $ 2 Residential First Mortgages 1,696 36 1,046 21 Residential Revolving and Junior Mortgages (1) 50 2 — — Commercial Mortgages (Non-owner occupied) 612 18 264 8 Commercial Mortgages (Owner occupied) 1,429 27 1,924 42 Commercial and Industrial — — — — Consumer (2) 4 — — — 4,240 83 3,686 73 With an allowance recorded: Construction, land and land development 274 2 242 1 Residential First Mortgages 2,164 52 2,190 47 Residential Revolving and Junior Mortgages (1) 173 4 174 4 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 919 12 — — Commercial and Industrial 82 — — — Consumer (2) — — 38 2 3,612 70 2,644 54 Total Construction, land and land development 723 2 694 3 Residential First Mortgages 3,860 88 3,236 68 Residential Revolving and Junior Mortgages (1) 223 6 174 4 Commercial Mortgages (Non-owner occupied) 612 18 264 8 Commercial Mortgages (Owner occupied) 2,348 39 1,924 42 Commercial and Industrial 82 — — — Consumer (2) 4 — 38 2 $ 7,852 $ 153 $ 6,330 $ 127 (1) Junior mortgages include equity lines. (2) Includes credit cards.
Summary of Troubled Debt Restructurings	The following table presents, by segments of loans, information related to loans modified as TDRs during the three and six months ended June 30, 2015 and 2014. For the three months ended For the three months ended June 30, 2015 June 30, 2014 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Construction, land and land development (1) — $ — $ — 2 $ 282 $ 282 (1) Modifications were an extension of loan terms. For the six months ended For the six months ended June 30, 2015 June 30, 2014 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Construction, land and land development (1) — $ — $ — 2 $ 282 $ 282 Commercial mortgages (Owner occupied) (2) 1 105 124 — — — (1) Modifications were an extension of loan terms. (2) Modifications were capitalization of interest. (Dollars in thousands) For the three months ended For the three months ended TROUBLED DEBT RESTRUCTURINGS THAT SUBSEQUENTLY DEFAULTED Number of Recorded Number of Recorded Residential revolving and junior mortgages — $ — 1 $ 75 (Dollars in thousands) For the six months ended For the six months ended TROUBLED DEBT RESTRUCTURINGS THAT SUBSEQUENTLY DEFAULTED Number of Recorded Number of Recorded Residential revolving and junior mortgages — $ — 1 $ 75 Commercial mortgages (Owner occupied) 1 124 — —
Summary of Properties Included in Other Real Estate Owned (OREO)	The table below details the properties included in other real estate owned (“OREO”) as of June 30, 2015 and December 31, 2014. There was one collateralized consumer residential mortgage loan with a balance of $28 thousand in the process of foreclosure as of June 30, 2015. The property was foreclosed on August 3, 2015. As of June 30, 2015 As of December 31, 2014 (Dollars in thousands) No. of Carrying No. of Carrying Residential 7 $ 1,407 10 $ 1,559 Land lots 7 442 13 587 Convenience stores 2 234 2 234 Restaurant 1 107 1 107 Commercial properties 2 434 1 304 Total 19 $ 2,624 27 $ 2,791

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
	Jun. 30, 2015
Weighted Average Number of Shares Used in Computing Earnings per Share	The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock. For the three months ended For the six months ended June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Average Per share Average Per share Average Per share Average Per share Basic earnings per share 4,802,032 $ 0.06 4,818,733 $ 0.05 4,805,922 $ 0.14 4,818,311 $ 0.15 Effect of dilutive securities: Stock options 17,290 18,050 13,565 14,105 Diluted earnings per share 4,819,322 $ 0.06 4,836,783 $ 0.05 4,819,487 $ 0.14 4,832,416 $ 0.15

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value of Options	The variables used in these calculations of the fair value of the options are as follows: For the six months ended June 30, 2015 2014 Risk free interest rate (5 year Treasury) 1.52 % 2.70 % Expected dividend yield 0.0 % 0.0 % Expected term (years) 5 5 Expected volatility 47.1 % 51.4 %
Summary of Stock Option Activity	Stock option activity for the six months ended June 30, 2015 (unaudited) is summarized below: Shares Weighted Average Weighted Aggregate Options outstanding, January 1, 2015 190,419 $ 7.02 6.2 Granted 7,500 5.37 Forfeited — — Exercised — — Expired (7,734 ) 14.43 Options outstanding and exercisable, June 30, 2015 190,185 $ 6.66 6.1 $ 94,373 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on June 30, 2015. This amount changes based on changes in the market value of the Company’s common stock.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Components of Net Periodic (Benefit) Cost	Components of Net Periodic (Benefit) Cost (Dollars in thousands) Pension Benefits Post-Retirement Benefits Six months ended June 30, 2015 2014 2015 2014 Service cost $ — $ — $ 11 $ 8 Interest cost 66 71 15 15 Expected return on plan assets (99 ) (101 ) — — Amortization of unrecognized net loss — 19 — — Recognized net actuarial loss 37 — — — Net periodic (benefit) cost $ 4 $ (11 ) $ 26 $ 23

Long Term Debt (Tables)

Long Term Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Advances of Long Term Debt	The five advances are shown in the following table. Description Balance Originated Current Maturity Adjustable Rate Hybrid $ 10,000,000 4/12/2013 2.65590 % 4/13/2020 Fixed Rate Credit 5,000,000 10/20/2014 0.47000 % 4/20/2016 Fixed Rate Credit 5,000,000 10/20/2014 0.30000 % 10/20/2015 Fixed Rate Credit 5,000,000 5/20/2015 0.37000 % 2/22/2016 Adjustable Rate Credit 5,000,000 6/18/2015 0.30080 % 9/19/2016 $ 30,000,000
Subordinated Debt	(Dollars in thousands) Balance as of 6.5% Subordinated Debt $ 7,000 Less: Issuance costs (159 ) $ 6,841

Regulatory Capital Requiremen29

Regulatory Capital Requirements and Restrictions (Tables)	6 Months Ended
	Jun. 30, 2015
Schedule of Bank's Actual Capital Amounts and Ratios	The Company’s and the Bank’s actual capital amounts and ratios as of June 30, 2015 and December 31, 2014, are presented in the following tables: Actual Minimum Minimum (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of June 30, 2015: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 49,097 16.90 % $ 23,242 8.00 % N/A N/A Bank of Lancaster 40,498 14.08 % 23,010 8.00 % $ 28,763 10 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,817 13.36 % 11,621 6.00 % N/A N/A Bank of Lancaster 37,059 12.88 % 11,505 6.00 % $ 17,258 6 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,817 13.36 % 11,621 4.50 % N/A N/A Bank of Lancaster 37,059 12.88 % 11,505 4.50 % $ 14,381 5 % Tier 1 Capital (to Average Assets) Consolidated 38,817 9.52 % 16,307 4.00 % N/A N/A Bank of Lancaster 37,059 9.17 % 16,162 4.00 % $ 20,203 5 % Actual Minimum Minimum (Amounts in Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2014: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 41,445 15.02 % $ 22,074 8.00 % N/A N/A Bank of Lancaster 36,446 13.30 % 21,927 8.00 % $ 27,409 10 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,240 13.86 % 11,037 4.00 % N/A N/A Bank of Lancaster 33,241 12.13 % 10,964 4.00 % $ 16,445 6 % Tier 1 Capital (to Average Assets) Consolidated 38,240 10.36 % 14,770 4.00 % N/A N/A Bank of Lancaster 33,241 9.07 % 14,664 4.00 % $ 18,329 5 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Schedule of Balances of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014: (Dollars in thousands) Fair Value Measurements at June 30, 2015 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 200 $ — $ — $ 200 U. S. Government agencies 21,373 1,366 20,007 — State and municipal obligations 23,241 — 23,241 — Certificates of deposit 2,242 — 2,242 — Total securities available-for-sale: $ 47,056 $ 1,366 $ 45,490 $ 200 Mortgage servicing rights $ 632 $ — $ — $ 632 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,178 1,178 — — Mutual funds - equity 1,751 1,751 — — Total defined benefit plan assets $ 2,932 $ 2,932 $ — $ — Fair Value Measurements at December 31, 2014 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: U. S. Government agencies $ 16,965 $ 845 $ 16,120 $ — State and municipal obligations 23,401 — 23,401 — Certificates of deposit 2,238 — 2,238 — Total securities available-for-sale: $ 42,604 $ 845 $ 41,759 $ — Mortgage servicing rights $ 596 $ — $ — $ 596 Defined benefit plan assets: Cash and cash equivalents $ 4 $ 4 $ — $ — Mutual funds - fixed income 1,139 1,139 — — Mutual funds - equity 1,754 1,754 — — Total defined benefit plan assets $ 2,897 $ 2,897 $ — $ —
Reconciliation of Items Using Level Three Inputs	The reconciliation of items using Level 3 inputs is as follows: (Dollars in thousands) MSRs Corporate Balance, January 1, 2015 $ 596 $ — Purchases — 200 Impairments — — Fair value adjustments 36 — Sales — — Balance, June 30, 2015 $ 632 $ 200
Summary of Assets Measured at Fair Value on Nonrecurring Basis	The following table summarizes the Company’s assets that were measured at fair value on a nonrecurring basis at the end of the respective period. Fair Value Measurements at June 30, 2015 Using (Dollars in thousands) Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 3,144 $ — $ — $ 3,144 Other real estate owned, net 2,624 — — 2,624 Fair Value Measurements at December 31, 2014 Using Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 1,958 $ — $ — $ 1,958 Other real estate owned, net 2,791 — — 2,791
Summary of Quantitative Fair Value Measurements for Level 3	The following table displays quantitative information about Level 3 Fair Value Measurements as of June 30, 2015: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 3,144 Discounted appraised value Selling Cost 10% - 25% (13%) Lack of Marketability 25% - 75 (52%) Other real estate owned, net 2,624 Discounted appraised value Selling Cost 3% - 13% (5%) Lack of Marketability 7% - 20% (10%) The following table displays quantitative information about Level 3 Fair Value Measurements as of December 31, 2014: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 1,958 Discounted appraised value Selling Cost 10% - 20% (10%) Lack of Marketability 25% - 75% (53%) Other real estate owned, net 2,791 Discounted appraised value Selling Cost 3% - 13% (5%) Lack of Marketability 7% - 20% (11%)
Estimated Fair Values of Financial Instruments	The estimated fair values of financial instruments are shown in the following table. The carrying amounts in the table are included in the balance sheet under the applicable captions. Fair Value Measurements at June 30, 2015 Using (Dollars in thousands) Description Balance as of Fair Value as of Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 5,880 $ 5,880 $ 5,880 $ — $ — Interest-bearing deposits 20,605 20,605 20,605 — — Federal funds sold 2,187 2,187 2,187 — — Securities available-for-sale 47,056 47,056 1,366 45,490 200 Restricted securities 2,261 2,261 — — 2,261 Loans, net 313,442 319,343 — — 319,343 Loans held for sale 709 709 — — 709 Accrued interest receivable 1,237 1,237 — 1,237 — Mortgage servicing rights 632 632 — — 632 Financial Liabilities: Non-interest-bearing liabilities $ 61,073 $ 61,073 $ 61,073 $ — $ — Savings and other interest-bearing deposits 152,794 152,503 — 152,503 — Time deposits 119,734 121,026 — — 121,026 Securities sold under repurchase agreements 8,787 8,787 — 8,787 — FHLB advances 30,000 30,911 — 30,911 — Subordinated debt 6,841 7,000 — — 7,000 Accrued interest payable 201 201 — 201 — Fair Value Measurements at December 31, 2014 Using (Dollars in thousands) Description Balance as of Fair Value as of Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 6,181 $ 6,181 $ 6,181 $ — $ — Interest-bearing deposits 14,784 14,784 14,784 — — Federal funds sold 119 119 119 — — Securities available-for-sale 42,604 42,604 845 41,759 — Restricted securities 2,430 2,430 — — 2,430 Loans, net 295,242 300,481 — — 300,481 Accrued interest receivable 1,197 1,197 — 1,197 — Mortgage servicing rights 596 596 — — 596 Financial Liabilities: Non-interest-bearing liabilities $ 63,308 $ 63,308 $ 63,308 $ — $ — Savings and other interest-bearing deposits 122,502 122,502 — 122,502 — Time deposits 121,775 122,662 — — 122,662 Securities sold under repurchase agreements 6,012 6,012 — 6,012 — FHLB advances 35,000 35,951 — 35,951 — Accrued interest payable 149 149 — 149 —

Changes in Accumulated Other 31

Changes in Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2015
Balances in Accumulated Other Comprehensive Income (Loss)	The balances in accumulated other comprehensive income (loss) are shown in the following tables: For the Three Months Ended June 30, 2015 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2015 $ 246 $ (966 ) $ (720 ) Change in net unrealized holding losses on securities, before reclassification, net of tax benefit of $192 (372 ) — (372 ) Reclassification for previously unrealized net gains recognized in income, net of tax expense of $2 (4 ) — (4 ) Balance June 30, 2015 $ (130 ) $ (966 ) $ (1,096 ) For the Three Months Ended June 30, 2014 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2014 $ (468 ) $ (382 ) $ (850 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $112 223 — 223 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $6 10 — 10 Balance June 30, 2014 $ (235 ) $ (382 ) $ (617 ) For the Six Months Ended June 30, 2015 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2015 $ 45 $ (966 ) $ (921 ) Change in net unrealized holding losses on securities, before reclassification, net of tax benefit of $90 (174 ) — (174 ) Reclassification for previously unrealized net gains recognized in income, net of tax expense of $1 (1 ) — (1 ) Balance June 30, 2015 $ (130 ) $ (966 ) $ (1,096 ) For the Six Months Ended June 30, 2014 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2014 $ (791 ) $ (382 ) $ (1,173 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $280 545 — 545 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $6 11 — 11 Balance June 30, 2014 $ (235 ) $ (382 ) $ (617 )
Reclassification of Unrealized (Losses) Gains and Impairments on Securities	Reclassification for previously unrealized (losses) gains and impairments on securities are reported in the Consolidated Statements of Income as follows. No unrealized gains (losses) on pension and post-employment related costs were reclassified to the Consolidated Statements of Income in the three and six months ended June 30, 2015 and 2014. Accumulated Other Comprehensive Income (Loss) Reclassification for the Three Months Ended Holding Losses on Securities (In thousands) June 30, 2015 June 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 6 $ (16 ) Tax (expense) benefit (2 ) 6 Impact on net income $ 4 $ (10 ) Accumulated Other Comprehensive Income (Loss) Reclassification for the Six Months Ended Holding Losses on Securities (In thousands) June 30, 2015 June 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 2 $ (17 ) Tax (expense) benefit (1 ) 6 Impact on net income $ 1 $ (11 )

General - Additional Informatio

General - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015
Bank Of Lancaster
Organization Presentation And General [Line Items]
Percent of ownership	100.00%
Bay Trust Company
Organization Presentation And General [Line Items]
Percent of ownership	100.00%
Steptoes Holdings
Organization Presentation And General [Line Items]
Percent of ownership	100.00%

Significant Accounting Polici33

Significant Accounting Policies - Additional Information (Detail)	3 Months Ended	6 Months Ended
	Sep. 30, 2013Quarter	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Significant Accounting Policies [Line Items]
Credit card and other personal loans charged off period no later than period		180 days
Number of Quarters | Quarter	19
Percentage of excess loan balance for watch category		90.00%
Impaired loans measurement		Impaired loans measured for impairment generally include: (1) non-accruing Special mention, Substandard and Doubtful loans in excess of $250,000; (2) Substandard and Doubtful loans in excess of $500,000; (3) Special Mention loans in excess of $500,000 if any of the loans in the relationship are more than 30 days past due or if the borrower has filed for bankruptcy; and (4) all troubled debt restructurings (“TDRs”).
Loan Receivables		$ 134,334,000	$ 132,038,000
Special Mention
Significant Accounting Policies [Line Items]
Loan Receivables		$ 4,859,000	$ 4,346,000
Loan due days		30 days
Residential First Mortgages
Significant Accounting Policies [Line Items]
Minimum balance in order to assign a risk rating grade		$ 1,000,000
Consumer Loans
Significant Accounting Policies [Line Items]
Minimum balance in order to assign a risk rating grade		$ 250,000
Minimum
Significant Accounting Policies [Line Items]
Number of days past due for a loan to remain on accrual status		90 days
Minimum | Non-accruing Special mention, Substandard and Doubtful loans
Significant Accounting Policies [Line Items]
Loan Receivables		$ 250,000
Minimum | Substandard and Doubtful loans
Significant Accounting Policies [Line Items]
Loan Receivables		500,000
Minimum | Special Mention
Significant Accounting Policies [Line Items]
Loan Receivables		$ 500,000

Securities - Aggregate Amortize

Securities - Aggregate Amortized Costs and Fair Values of Available-for-Sale Securities Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 47,254	$ 42,536
Gross Unrealized Gains	177	267
Gross Unrealized (Losses)	(375)	(199)
Fair Value	47,056	42,604	[1]
Certificates of Deposit
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,232	2,232
Gross Unrealized Gains	10	8
Gross Unrealized (Losses)		(2)
Fair Value	2,242	2,238
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	21,375	16,969
Gross Unrealized Gains	67	33
Gross Unrealized (Losses)	(69)	(37)
Fair Value	21,373	16,965
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	23,447	23,335
Gross Unrealized Gains	100	226
Gross Unrealized (Losses)	(306)	(160)
Fair Value	23,241	$ 23,401
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	200
Fair Value	$ 200
[1]	Derived from the audited consolidated financial statements.

Securities - Gross Realized Gai

Securities - Gross Realized Gains and Gross Realized Losses on Sales of Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	$ 24	$ 5	$ 24	$ 5
Gross realized losses	(18)	(21)	(22)	(22)
Net realized gains (losses)	6	(16)	2	(17)
Aggregate proceeds	$ 1,710	$ 2,039	$ 2,324	$ 3,331

Securities - Additional Informa

Securities - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)Bond	Jun. 30, 2014	Jun. 30, 2015USD ($)Bond	Jun. 30, 2014	Dec. 31, 2014USD ($)Bond
Schedule of Available-for-sale Securities [Line Items]
Average yields (taxable equivalent) on securities	2.41%	2.36%	2.40%	2.37%
Market value of securities	$ 11,900		$ 11,900		$ 8,500
Securities sold under repurchase agreements	8,787		8,787		6,012	[1]
Company's investment in Federal Home Loan Bank stock	1,600		1,600		1,900
Company's investment in Federal Reserve Bank stock	$ 460		$ 460		$ 382
Municipal Securities
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	41		41		29
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	13		13		13
Certificates of Deposit
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond					3
[1]	Derived from the audited consolidated financial statements.

Securities - Unrealized Loss Po

Securities - Unrealized Loss Positions (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	$ 13,535	$ 2,653
Less than 12 months, Unrealized Loss	194	11
12 months or more, Fair Value	5,243	12,538
12 months or more, Unrealized Loss	181	188
Fair Value, Total	18,778	15,191
Total Unrealized Loss	375	199
Certificates of Deposit
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value		742
Less than 12 months, Unrealized Loss		2
Fair Value, Total		742
Total Unrealized Loss		2
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	5,297	1,499
Less than 12 months, Unrealized Loss	51	4
12 months or more, Fair Value	1,871	3,532
12 months or more, Unrealized Loss	18	33
Fair Value, Total	7,168	5,031
Total Unrealized Loss	69	37
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	8,238	412
Less than 12 months, Unrealized Loss	143	5
12 months or more, Fair Value	3,372	9,006
12 months or more, Unrealized Loss	163	155
Fair Value, Total	11,610	9,418
Total Unrealized Loss	$ 306	$ 160

Loans - Summary of Balances of

Loans - Summary of Balances of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Summary of balances of loans
Total loans	$ 316,541	$ 298,054
Net unamortized deferred loans costs	340	393
Allowance for loan losses	(3,439)	(3,205)	[1]
Loans, net	313,442	295,242	[1]
Construction, Land and Land Development
Summary of balances of loans
Total loans	43,894	43,048
Farmland
Summary of balances of loans
Total loans	1,080	1,128
Commercial Mortgages (Non-Owner Occupied)
Summary of balances of loans
Total loans	21,918	20,534
Commercial Mortgages (Owner Occupied)
Summary of balances of loans
Total loans	36,441	33,326
Residential First Mortgages
Summary of balances of loans
Total loans	150,222	135,267
Residential Revolving and Junior Mortgages
Summary of balances of loans
Total loans	26,362	25,400
Commercial and Industrial
Summary of balances of loans
Total loans	31,001	34,002
Consumer and Other Loans
Summary of balances of loans
Total loans	$ 5,623	$ 5,349
[1]	Derived from the audited consolidated financial statements.

Loans - Additional Informations

Loans - Additional Informations (Detail)	6 Months Ended
	Jun. 30, 2015
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of days past due for a loan to remain on accrual status	90 days

Loans - Recorded Investment in

Loans - Recorded Investment in Past Due and Non-accruing Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	$ 2,767	$ 1,502
90 Days or More Past Due and Still Accruing	395	14
Nonaccruals	4,447	1,954
Total Past Due and Nonaccruals	7,609	3,470
Current	308,932	294,584
Total Gross Loans	316,541	298,054
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	47	64
90 Days or More Past Due and Still Accruing	67
Nonaccruals	768	669
Total Past Due and Nonaccruals	882	733
Current	43,012	42,315
Total Gross Loans	43,894	43,048
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	1,080	1,128
Total Gross Loans	1,080	1,128
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccruals	1,045
Total Past Due and Nonaccruals	1,045
Current	20,873	20,534
Total Gross Loans	21,918	20,534
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	1,098
Nonaccruals	1,495	566
Total Past Due and Nonaccruals	2,593	566
Current	33,848	32,760
Total Gross Loans	36,441	33,326
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	1,383	1,270
90 Days or More Past Due and Still Accruing	323
Nonaccruals	900	359
Total Past Due and Nonaccruals	2,606	1,629
Current	147,616	133,638
Total Gross Loans	150,222	135,267
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	152	6
Nonaccruals	115	31
Total Past Due and Nonaccruals	267	37
Current	26,095	25,363
Total Gross Loans	26,362	25,400
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	39	96
Nonaccruals	124	228
Total Past Due and Nonaccruals	163	324
Current	30,838	33,678
Total Gross Loans	31,001	34,002
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	48	66
90 Days or More Past Due and Still Accruing	5	14
Nonaccruals		101
Total Past Due and Nonaccruals	53	181
Current	5,570	5,168
Total Gross Loans	$ 5,623	$ 5,349

Allowance for Loan Losses - All

Allowance for Loan Losses - Allowance for Loan Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	$ 3,247	$ 2,950	$ 3,205	$ 2,925
(Charge-offs)	(54)	(87)	(87)	(235)
Recoveries	41	13	51	21
Provision	205	97	270	262
Ending Balance	3,439	2,973	3,439	2,973
Individually evaluated for impairment	923	756	923	756
Collectively evaluated for impairment	2,516	2,217	2,516	2,217
Mortgage Loans on Real Estate
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	2,763	2,497	2,778	2,465
(Charge-offs)		(75)	(1)	(214)
Recoveries	5	8	10	14
Provision	121	159	102	324
Ending Balance	2,889	2,589	2,889	2,589
Individually evaluated for impairment	801	724	801	724
Collectively evaluated for impairment	2,088	1,865	2,088	1,865
Commercial and Industrial
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	315	248	323	256
Provision	105	(37)	97	(45)
Ending Balance	420	211	420	211
Individually evaluated for impairment	122		122
Collectively evaluated for impairment	298	211	298	211
Consumer and Other Loans
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	169	205	104	204
(Charge-offs)	(54)	(12)	(86)	(21)
Recoveries	36	5	41	7
Provision	(21)	(25)	71	(17)
Ending Balance	130	173	130	173
Individually evaluated for impairment		32		32
Collectively evaluated for impairment	$ 130	$ 141	$ 130	$ 141

Allowance for Loan Losses - Loa

Allowance for Loan Losses - Loan Receivables Evaluated for Impairment Individually and Collectively by Segment (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 9,770	$ 6,858
Collectively evaluated for impairment	306,771	291,196
Total Gross Loans	316,541	298,054
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	9,645	6,842
Collectively evaluated for impairment	270,272	251,861
Total Gross Loans	279,917	258,703
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	122
Collectively evaluated for impairment	30,879	34,002
Total Gross Loans	31,001	34,002
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	3	16
Collectively evaluated for impairment	5,620	5,333
Total Gross Loans	$ 5,623	$ 5,349

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)Property	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Property	Jun. 30, 2014USD ($)	Apr. 30, 2015USD ($)	Dec. 31, 2014USD ($)Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Period of nonperforming loans			90 days
Non-accruing loans excluded from impaired loan	$ 591,000		$ 591,000			$ 663,000
Non-accruing loans accrued interest	$ 4,000	$ 6,000	$ 8,000	$ 13,000
No. of Properties | Property	19		19			27
Other Assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Properties marketed for sale					$ 398,000
No. of Properties | Property	2		2
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential properties collateralized with loan | Property	1
Residential mortgage loan amount	$ 28,000		$ 28,000
Residential | Other Assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Properties marketed for sale	724,000		724,000			$ 771,000
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance in order to assign a risk rating grade	1,000,000		1,000,000
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance in order to assign a risk rating grade	$ 250,000		$ 250,000

Allowance for Loan Losses - Int

Allowance for Loan Losses - Internal Risk Rating Grades (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
INTERNAL RISK RATING GRADES
Loan Receivables	$ 134,334	$ 132,038
Pass
INTERNAL RISK RATING GRADES
Loan Receivables	112,626	107,475
Watch
INTERNAL RISK RATING GRADES
Loan Receivables	11,727	16,341
Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	4,859	4,346
Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	5,122	3,876
Construction, Land and Land Development
INTERNAL RISK RATING GRADES
Loan Receivables	43,894	43,048
Construction, Land and Land Development | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	36,215	34,913
Construction, Land and Land Development | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	5,497	5,649
Construction, Land and Land Development | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	1,102	1,403
Construction, Land and Land Development | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,080	1,083
Farmland
INTERNAL RISK RATING GRADES
Loan Receivables	1,080	1,128
Farmland | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	1,080	1,128
Commercial Mortgages (Non-Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	21,918	20,534
Commercial Mortgages (Non-Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	18,546	16,426
Commercial Mortgages (Non-Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	1,703	3,770
Commercial Mortgages (Non-Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,669	338
Commercial Mortgages (Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	36,441	33,326
Commercial Mortgages (Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	27,518	23,967
Commercial Mortgages (Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	3,299	4,430
Commercial Mortgages (Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	3,484	2,789
Commercial Mortgages (Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	2,140	2,140
Commercial and Industrial
INTERNAL RISK RATING GRADES
Loan Receivables	31,001	34,002
Commercial and Industrial | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	29,267	31,041
Commercial and Industrial | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	1,228	2,492
Commercial and Industrial | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	273	154
Commercial and Industrial | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	$ 233	$ 315

Allowance for Loan Losses - Per

Allowance for Loan Losses - Performing and Non Performing Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2015		Dec. 31, 2014
Performing and non performing loans
Loan receivables	$ 182,207		$ 166,016
Performing
Performing and non performing loans
Loan receivables	180,864		165,511
Nonperforming
Performing and non performing loans
Loan receivables	1,343		505
Residential First Mortgages
Performing and non performing loans
Loan receivables	150,222	[1]	135,267	[2]
Residential First Mortgages | Performing
Performing and non performing loans
Loan receivables	148,999	[1]	134,908	[2]
Residential First Mortgages | Nonperforming
Performing and non performing loans
Loan receivables	1,223	[1]	359	[2]
Residential Revolving and Junior Mortgages
Performing and non performing loans
Loan receivables	26,362	[3]	25,400	[4]
Residential Revolving and Junior Mortgages | Performing
Performing and non performing loans
Loan receivables	26,247	[3]	25,369	[4]
Residential Revolving and Junior Mortgages | Nonperforming
Performing and non performing loans
Loan receivables	115	[3]	31	[4]
Consumer and Other Loans
Performing and non performing loans
Loan receivables	5,623	[5]	5,349	[6]
Consumer and Other Loans | Performing
Performing and non performing loans
Loan receivables	5,618	[5]	5,234	[6]
Consumer and Other Loans | Nonperforming
Performing and non performing loans
Loan receivables	$ 5	[5]	$ 115	[6]
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $1.9 million as of June 30, 2015.
[2]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.1 million as of December 31, 2014.
[3]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $216 thousand as of June 30, 2015.
[4]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $219 thousand as of December 31, 2014.
[5]	Consumer Loans which have been assigned a risk rating grade of Substandard were zero as of June 30, 2015.
[6]	Consumer Loans which have been assigned a risk rating grade of Substandard totaled $1 thousand as of December 31, 2014.

Allowance for Loan Losses - P46

Allowance for Loan Losses - Performing and Non Performing Loans (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2015		Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 182,207		$ 166,016
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	150,222	[1]	135,267	[2]
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	26,362	[3]	25,400	[4]
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	5,623	[5]	5,349	[6]
Substandard | Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	1,900		2,100
Substandard | Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	216		219
Substandard | Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 0		$ 1
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $1.9 million as of June 30, 2015.
[2]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.1 million as of December 31, 2014.
[3]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $216 thousand as of June 30, 2015.
[4]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $219 thousand as of December 31, 2014.
[5]	Consumer Loans which have been assigned a risk rating grade of Substandard were zero as of June 30, 2015.
[6]	Consumer Loans which have been assigned a risk rating grade of Substandard totaled $1 thousand as of December 31, 2014.

Allowance for Loan Losses - Com

Allowance for Loan Losses - Company's Recorded Investment and Customers' Unpaid Principal Balances for Impaired Loans, with Associated Allowance Amount (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		$ 5,703		$ 5,703		$ 4,224
With no related allowance, Customers' Unpaid Principal Balance		5,764		5,764		4,271
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		4,067		4,067		2,634
With an allowance recorded, Customers' Unpaid Principal Balance		4,097		4,097		2,649
With an allowance recorded, Related Allowance		923		923		676
Total Impaired Loans, Recorded Investment		9,770		9,770		6,858
Total Impaired Loans, Customers' Unpaid Principal Balance		9,861		9,861		6,920
Total Impaired Loans, Related Allowance		923		923		676
With no related allowance, Average Recorded Investment		4,602	$ 3,674	4,240	$ 3,686
With no related allowance, Interest Income Recognized		51	35	83	73
With an allowance recorded, Average Recorded Investment		3,754	2,686	3,612	2,644
With an allowance recorded, Interest Income Recognized		37	30	70	54
Total, Average Recorded Investment		8,356	6,360	7,852	6,330
Total, Interest Income Recognized		88	65	153	127
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		448		448		450
With no related allowance, Customers' Unpaid Principal Balance		452		452		452
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		270		270		277
With an allowance recorded, Customers' Unpaid Principal Balance		292		292		292
With an allowance recorded, Related Allowance		128		128		144
Total Impaired Loans, Recorded Investment		718		718		727
Total Impaired Loans, Customers' Unpaid Principal Balance		744		744		744
Total Impaired Loans, Related Allowance		128		128		144
With no related allowance, Average Recorded Investment		449	451	449	452
With no related allowance, Interest Income Recognized			1		2
With an allowance recorded, Average Recorded Investment		272	288	274	242
With an allowance recorded, Interest Income Recognized		1	1	2	1
Total, Average Recorded Investment		721	739	723	694
Total, Interest Income Recognized		1	2	2	3
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,957		1,957		1,568
With no related allowance, Customers' Unpaid Principal Balance		1,981		1,981		1,584
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		2,154		2,154		2,173
With an allowance recorded, Customers' Unpaid Principal Balance		2,154		2,154		2,173
With an allowance recorded, Related Allowance		356		356		437
Total Impaired Loans, Recorded Investment		4,111		4,111		3,741
Total Impaired Loans, Customers' Unpaid Principal Balance		4,135		4,135		3,757
Total Impaired Loans, Related Allowance		356		356		437
With no related allowance, Average Recorded Investment		1,761	1,042	1,696	1,046
With no related allowance, Interest Income Recognized		18	10	36	21
With an allowance recorded, Average Recorded Investment		2,160	2,186	2,164	2,190
With an allowance recorded, Interest Income Recognized		26	26	52	47
Total, Average Recorded Investment		3,921	3,228	3,860	3,236
Total, Interest Income Recognized		44	36	88	68
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	[1]	50		50		50
With no related allowance, Customers' Unpaid Principal Balance	[1]	50		50		50
With no related allowance, Related Allowance	[1]	0		0		0
With an allowance recorded, Recorded Investment	[1]	173		173		173
With an allowance recorded, Customers' Unpaid Principal Balance	[1]	173		173		173
With an allowance recorded, Related Allowance	[1]	83		83		84
Total Impaired Loans, Recorded Investment	[1]	223		223		223
Total Impaired Loans, Customers' Unpaid Principal Balance	[1]	223		223		223
Total Impaired Loans, Related Allowance	[1]	83		83		84
With no related allowance, Average Recorded Investment	[1]	50		50
With no related allowance, Interest Income Recognized	[1]	1		2
With an allowance recorded, Average Recorded Investment	[1]	173	174	173	174
With an allowance recorded, Interest Income Recognized	[1]	2	2	4	4
Total, Average Recorded Investment	[1]	223	174	223	174
Total, Interest Income Recognized	[1]	3	2	6	4
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,309		1,309		264
With no related allowance, Customers' Unpaid Principal Balance		1,309		1,309		264
With no related allowance, Related Allowance		0		0		0
Total Impaired Loans, Recorded Investment		1,309		1,309		264
Total Impaired Loans, Customers' Unpaid Principal Balance		1,309		1,309		264
With no related allowance, Average Recorded Investment		786	264	612	264
With no related allowance, Interest Income Recognized		14	4	18	8
Total, Average Recorded Investment		786	264	612	264
Total, Interest Income Recognized		14	4	18	8
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,936		1,936		1,887
With no related allowance, Customers' Unpaid Principal Balance		1,969		1,969		1,916
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		1,348		1,348
With an allowance recorded, Customers' Unpaid Principal Balance		1,356		1,356
With an allowance recorded, Related Allowance		234		234
Total Impaired Loans, Recorded Investment		3,284		3,284		1,887
Total Impaired Loans, Customers' Unpaid Principal Balance		3,325		3,325		1,916
Total Impaired Loans, Related Allowance		234		234
With no related allowance, Average Recorded Investment		1,552	1,917	1,429	1,924
With no related allowance, Interest Income Recognized		18	20	27	42
With an allowance recorded, Average Recorded Investment		1,026		919
With an allowance recorded, Interest Income Recognized		8		12
Total, Average Recorded Investment		2,578	1,917	2,348	1,924
Total, Interest Income Recognized		26	20	39	42
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		122		122
With an allowance recorded, Customers' Unpaid Principal Balance		122		122
With an allowance recorded, Related Allowance		122		122
Total Impaired Loans, Recorded Investment		122		122
Total Impaired Loans, Customers' Unpaid Principal Balance		122		122
Total Impaired Loans, Related Allowance		122		122
With an allowance recorded, Average Recorded Investment		123		82
Total, Average Recorded Investment		123		82
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	[2]	3		3		5
With no related allowance, Customers' Unpaid Principal Balance	[2]	3		3		5
With no related allowance, Related Allowance	[2]	0		0		0
With an allowance recorded, Recorded Investment	[2]					11
With an allowance recorded, Customers' Unpaid Principal Balance	[2]					11
With an allowance recorded, Related Allowance	[2]					11
Total Impaired Loans, Recorded Investment	[2]	3		3		16
Total Impaired Loans, Customers' Unpaid Principal Balance	[2]	3		3		16
Total Impaired Loans, Related Allowance	[2]					$ 11
With no related allowance, Average Recorded Investment	[2]	4		4
With an allowance recorded, Average Recorded Investment	[2]		38		38
With an allowance recorded, Interest Income Recognized	[2]		1		2
Total, Average Recorded Investment	[2]	$ 4	38	$ 4	38
Total, Interest Income Recognized	[2]		$ 1		$ 2
[1]	Junior mortgages include equity lines.
[2]	Includes credit cards.

Allowance for Loan Losses - Sum

Allowance for Loan Losses - Summary of Troubled Debt Restructurings (Detail) $ in Thousands		3 Months Ended	6 Months Ended
		Jun. 30, 2014USD ($)Loan	Jun. 30, 2015USD ($)Loan	Jun. 30, 2014USD ($)Loan
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan		2		2	[1]
Pre-Modification Outstanding Recorded Investment		$ 282		$ 282	[1]
Post-Modification Outstanding Recorded Investment		$ 282		$ 282	[1]
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subsequently defaulted number of loans | Loan		1		1
Subsequently defaulted recorded investment		$ 75		$ 75
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	[2]		1
Pre-Modification Outstanding Recorded Investment	[2]		$ 105
Post-Modification Outstanding Recorded Investment	[2]		$ 124
Subsequently defaulted number of loans | Loan			1
Subsequently defaulted recorded investment			$ 124
[1]	Modifications were an extension of loan terms.
[2]	Modifications were capitalization of interest.

Other Real Estate Owned Net - S

Other Real Estate Owned Net - Summary of Properties Included in Other Real Estate Owned (OREO) (Detail) $ in Thousands	Jun. 30, 2015USD ($)Property	Dec. 31, 2014USD ($)Property
Real Estate Properties [Line Items]
No. of Properties	19	27
Carrying Value | $	$ 2,624	$ 2,791	[1]
Residential
Real Estate Properties [Line Items]
No. of Properties	7	10
Carrying Value | $	$ 1,407	$ 1,559
Land lots
Real Estate Properties [Line Items]
No. of Properties	7	13
Carrying Value | $	$ 442	$ 587
Convenience Stores
Real Estate Properties [Line Items]
No. of Properties	2	2
Carrying Value | $	$ 234	$ 234
Restaurant
Real Estate Properties [Line Items]
No. of Properties	1	1
Carrying Value | $	$ 107	$ 107
Commercial properties
Real Estate Properties [Line Items]
No. of Properties	2	1
Carrying Value | $	$ 434	$ 304
[1]	Derived from the audited consolidated financial statements.

Earnings per share - Weighted A

Earnings per share - Weighted Average Number of Shares Used in Computing Earnings Per Share (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Basic earnings per share	4,802,032	4,818,733	4,805,922	4,818,311
Effect of dilutive securities:
Stock options	17,290	18,050	13,565	14,105
Diluted earnings per share	4,819,322	4,836,783	4,819,487	4,832,416
Basic earnings per share	$ 0.06	$ 0.05	$ 0.14	$ 0.15
Diluted earnings per share	$ 0.06	$ 0.05	$ 0.14	$ 0.15

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	54,733	62,588	68,473	68,828

Stock-Based Compensation Plans

Stock-Based Compensation Plans - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant	370,500		370,500
Stock-based compensation expense	$ 0	$ 0	$ 17,000	$ 20,000
Unrecognized compensation expenses related to stock award	$ 0		$ 0
Options granted			7,500	7,000
Options vested			7,500	7,000
Aggregate fair value of options granted			$ 17,000	$ 20,000

Stock-Based Compensation - Fair

Stock-Based Compensation - Fair Value of Options (Detail)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate (5 year Treasury)	1.52%	2.70%
Expected dividend yield	0.00%	0.00%
Expected term (years)	5 years	5 years
Expected volatility	47.10%	51.40%

Stock-Based Compensation - Fa54

Stock-Based Compensation - Fair Value of Options (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price volatility, risk free interest period	5 years	5 years

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Detail) - USD ($)		6 Months Ended		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, beginning		190,419
Granted, shares		7,500	7,000
Forfeited, shares		0
Exercised, shares		0
Expired, shares		(7,734)
Options outstanding and exercisable, ending		190,185		190,419
Options outstanding, beginning, Weighted Average Exercise Price		$ 7.02
Granted, Weighted Average Exercise Price		5.37
Forfeited, Weighted Average Exercise Price		0
Exercised, Weighted Average Exercise Price		0
Expired, Weighted Average Exercise Price		14.43
Options outstanding and exercisable, ending, Weighted Average Exercise Price		$ 6.66		$ 7.02
Options outstanding and exercisable, ending, Weighted Average Remaining Contractual Life		6 years 1 month 6 days		6 years 2 months 12 days
Options outstanding, ending, Aggregate Intrinsic Value	[1]			$ 0
Options outstanding and exercisable, ending, Aggregate Intrinsic Value	[1]	$ 94,373
[1]	The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on June 30, 2015. This amount changes based on changes in the market value of the Company's common stock.

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - 6 months ended Jun. 30, 2015	USD ($)Age
Defined Contribution Plan Disclosure [Line Items]
Minimum age of full-time employees	21
Conditional age-1 for availing plan	55
Conditional age-2 for availing plan	65
Conditional years of service -1 for availing plan	10 years
Conditional years of service-2 for availing plan	5 years
Pension Plan, Defined Benefit
Defined Contribution Plan Disclosure [Line Items]
Expected employer contribution | $	$ 0
Other Postretirement Benefit Plan, Defined Benefit
Defined Contribution Plan Disclosure [Line Items]
Expected employer contribution | $	5,000
Employer contribution | $	$ 5,000

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Gain) (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	$ 66	$ 71
Expected return on plan assets	(99)	(101)
Amortization of unrecognized net loss		19
Recognized net actuarial loss	37
Net periodic (benefit) cost	4	(11)
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	11	8
Interest cost	15	15
Net periodic (benefit) cost	$ 26	$ 23

Long Term Debt - Additional Inf

Long Term Debt - Additional Information (Detail)	Jun. 30, 2015USD ($)Loan	May. 28, 2015USD ($)	Dec. 31, 2014USD ($)		May. 31, 2014USD ($)
Debt Instrument [Line Items]
Number of FHLB debt advances | Loan	5
Federal Home Loan Bank advances	$ 30,000,000		$ 35,000,000	[1]
Number of repaid FHLB debt advances | Loan	1
Immediate available credit	$ 44,200,000
Total line of credit	$ 78,200,000
Weighted average interest rate	1.13%		0.96%
Subordinated Debt Due May Twenty Twenty Five
Debt Instrument [Line Items]
Debt instrument, face amount	$ 7,000,000	$ 7,000,000
Debt instrument, coupon percentage	6.50%	6.50%
Debt instrument, maturity date		May 28, 2025
Debt instrument, frequency of payment		1st of March and September of each year, commencing September 1, 2015
Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances					$ 5,000,000
Interest rate LIBOR-based floating rate advance					2.69%
Federal Home Loan Bank Advances Three
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Advances, Variable rate description	Three month LIBOR-based floating rate advance
Federal Home Loan Bank Advances Four
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Advances, Variable rate description	Fixed rate advances
Federal Home Loan Bank Advances Five
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Advances, Variable rate description	Fixed rate advances
Federal Home Loan Bank Advances Six
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Advances, Variable rate description	Fixed rate advances
Federal Home Loan Bank Advances Seven
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Advances, Variable rate description	Fixed rate advances
[1]	Derived from the audited consolidated financial statements.

Long Term Debt - Advances of FH

Long Term Debt - Advances of FHLB (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	[1]	May. 31, 2014
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 30,000,000	$ 35,000,000
Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances				$ 5,000,000
Federal Home Loan Bank Advances Three
Debt Instrument [Line Items]
Federal Home Loan Bank advances	5,000,000
Federal Home Loan Bank Advances Four
Debt Instrument [Line Items]
Federal Home Loan Bank advances	5,000,000
Federal Home Loan Bank Advances Five
Debt Instrument [Line Items]
Federal Home Loan Bank advances	5,000,000
Adjustable Rate Hybrid | Federal Home Loan Bank Advances One
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 10,000,000
Originated	Apr. 12, 2013
Current Interest Rate	2.6559%
Maturity Date	Apr. 13, 2020
Adjustable Rate Credit | Federal Home Loan Bank Advances Five
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Originated	Jun. 18, 2015
Current Interest Rate	0.3008%
Maturity Date	Sep. 19, 2016
Fixed Rate Credit | Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Originated	Oct. 20, 2014
Current Interest Rate	0.47%
Maturity Date	Apr. 20, 2016
Fixed Rate Credit | Federal Home Loan Bank Advances Three
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Originated	Oct. 20, 2014
Current Interest Rate	0.30%
Maturity Date	Oct. 20, 2015
Fixed Rate Credit | Federal Home Loan Bank Advances Four
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Originated	May 20, 2015
Current Interest Rate	0.37%
Maturity Date	Feb. 22, 2016
[1]	Derived from the audited consolidated financial statements.

Subordinated Debt (Detail)

Subordinated Debt (Detail) - Subordinated Debt Due May Twenty Twenty Five - USD ($)	3 Months Ended
	Jun. 30, 2015	May. 28, 2015
Debt and Financial Instruments [Line Items]
Debt instrument, face amount	$ 7,000,000	$ 7,000,000
Less: Issuance costs	(159,000)
Proceeds from Debt, Net of Issuance Costs	$ 6,841,000

Subordinated Debt (Parenthetica

Subordinated Debt (Parenthetical) (Detail)	Jun. 30, 2015	May. 28, 2015
Subordinated Debt Due May Twenty Twenty Five
Debt and Financial Instruments [Line Items]
Debt instrument, coupon percentage	6.50%	6.50%

Regulatory Capital Requiremen62

Regulatory Capital Requirements and Restrictions - Additional Information (Detail) - Entity [Domain] - Fair Value, Measurements, Recurring - Fair Value, Inputs, Level 3 - Mortgage Servicing Rights	Jan. 01, 2019	Jan. 01, 2016	Jan. 01, 2015	Jul. 31, 2013
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio			6.00%	4.00%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio			8.00%
Leverage Ratio (Total Assets), Minimum Capital Requirement Ratio			4.00%
Initial Capital Requirement Phase-In Period			4 years
Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio			4.50%
Scenario, Forecast
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	8.50%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	10.50%
Leverage Ratio (Total Assets), Minimum Capital Requirement Ratio	4.00%
New Capital Conservation Buffer Requirement (to Risk Weighted Assets), Ratio	2.50%	0.625%
Scenario, Forecast | Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	7.00%

Regulatory Requirements and Res

Regulatory Requirements and Restrictions - Schedule of Bank's Actual Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Consolidated Entities
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 49,097	$ 41,445
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	16.90%	15.02%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 23,242	$ 22,074
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	8.00%	8.00%
Tier 1 Capital (to Risk Weighted Assets), Actual Amount	$ 38,817	$ 38,240
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	13.36%	13.86%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 11,621	$ 11,037
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	6.00%	4.00%
Tier 1 Capital (to Average Assets), Actual Amount	$ 38,817	$ 38,240
Tier 1 Capital (to Average Assets), Actual Ratio	9.52%	10.36%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Amount	$ 16,307	$ 14,770
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Ratio	4.00%	4.00%
Consolidated Entities | Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 38,817
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	13.36%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 11,621
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.50%
Subsidiaries
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 40,498	$ 36,446
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	14.08%	13.30%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 23,010	$ 21,927
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	8.00%	8.00%
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 28,763	$ 27,409
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Tier 1 Capital (to Risk Weighted Assets), Actual Amount	$ 37,059	$ 33,241
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	12.88%	12.13%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 11,505	$ 10,964
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	6.00%	4.00%
Tier 1 Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 17,258	$ 16,445
Tier 1 Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.00%	6.00%
Tier 1 Capital (to Average Assets), Actual Amount	$ 37,059	$ 33,241
Tier 1 Capital (to Average Assets), Actual Ratio	9.17%	9.07%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Amount	$ 16,162	$ 14,664
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Ratio	4.00%	4.00%
Tier 1 Capital (to Average Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 20,203	$ 18,329
Tier 1 Capital (to Average Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%
Subsidiaries | Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 37,059
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	12.88%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 11,505
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.50%
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 14,381
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - Fair Value, Measurements, Recurring - Fair Value, Inputs, Level 3 - Mortgage Servicing Rights	6 Months Ended	12 Months Ended
	Jun. 30, 2015$ / Loan	Dec. 31, 2014Loan$ / Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loan segregated, number of pools | Loan		14
Service costs assumed, per loan	6	5.75
Average PSA assumed rate	156.00%	184.00%
Discount rate	11.00%	10.00%
100% PSA | First Month
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate		0.00%
100% PSA | Between First Month and Month 30
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate increase, each month		0.20%
100% PSA | Month 30
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate		6.00%
100% PSA | Thereafter
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate		6.00%

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Balances of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Securities available for sale:
Securities available-for-sale	$ 47,056	$ 42,604	[1]
Mortgage servicing rights	632	596	[1]
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,932	2,897
Corporate Bonds
Securities available for sale:
Securities available-for-sale	200
US Government Agencies
Securities available for sale:
Securities available-for-sale	21,373	16,965
State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	23,241	23,401
Certificates of Deposit
Securities available for sale:
Securities available-for-sale	2,242	2,238
Cash and Cash Equivalents
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	3	4
Fixed Income Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,178	1,139
Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,751	1,754
Fair Value, Inputs, Level 1
Securities available for sale:
Securities available-for-sale	1,366	845
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,932	2,897
Fair Value, Inputs, Level 1 | US Government Agencies
Securities available for sale:
Securities available-for-sale	1,366	845
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	3	4
Fair Value, Inputs, Level 1 | Fixed Income Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,178	1,139
Fair Value, Inputs, Level 1 | Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,751	1,754
Fair Value, Inputs, Level 2
Securities available for sale:
Securities available-for-sale	45,490	41,759
Fair Value, Inputs, Level 2 | US Government Agencies
Securities available for sale:
Securities available-for-sale	20,007	16,120
Fair Value, Inputs, Level 2 | State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	23,241	23,401
Fair Value, Inputs, Level 2 | Certificates of Deposit
Securities available for sale:
Securities available-for-sale	2,242	2,238
Fair Value, Inputs, Level 3
Securities available for sale:
Securities available-for-sale	200
Mortgage servicing rights	632	$ 596
Fair Value, Inputs, Level 3 | Corporate Bonds
Securities available for sale:
Securities available-for-sale	$ 200
[1]	Derived from the audited consolidated financial statements.

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of Items Using Level Three Inputs (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 596
Impairments	0
Fair value adjustments	36
Sales	0
Ending balance	632
Corporate Bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	200
Impairments	0
Sales	0
Ending balance	$ 200

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	$ 3,144	$ 1,958
Other real estate owned, net	2,624	2,791
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	3,144	1,958
Other real estate owned, net	$ 2,624	$ 2,791

Fair Value Measurements - Sum68

Fair Value Measurements - Summary of Quantitative Fair Value Measurements for Level 3 (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired Loans, net	$ 3,144	$ 1,958
Other real estate owned, net	2,624	2,791
Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired Loans, net	3,144	1,958
Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned, net	$ 2,624	$ 2,791
Minimum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	10.00%	10.00%
Unobservable Input, Lack of Marketability	25.00%	25.00%
Minimum | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	3.00%	3.00%
Unobservable Input, Lack of Marketability	7.00%	7.00%
Maximum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	25.00%	20.00%
Unobservable Input, Lack of Marketability	75.00%	75.00%
Maximum | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	13.00%	13.00%
Unobservable Input, Lack of Marketability	20.00%	20.00%
Weighted Average | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	13.00%	10.00%
Unobservable Input, Lack of Marketability	52.00%	53.00%
Weighted Average | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	5.00%	5.00%
Unobservable Input, Lack of Marketability	10.00%	11.00%

Fair Value Measurements - Estim

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financial Assets:
Cash and due from banks	$ 5,880	$ 6,181	[1]
Interest-bearing deposits	20,605	14,784	[1]
Federal funds sold	2,187	119	[1]
Securities available-for-sale	47,056	42,604	[1]
Restricted securities	2,261	2,430	[1]
Loans, net	313,442	295,242	[1]
Loans held for sale	709
Accrued interest receivable	1,237	1,197	[1]
Mortgage servicing rights	632	596
Financial Liabilities:
Non-interest-bearing liabilities	61,073	63,308	[1]
Savings and other interest-bearing deposits	152,794	122,502	[1]
Time deposits	119,734	121,775	[1]
Securities sold under repurchase agreements	8,787	6,012	[1]
FHLB advances	30,000	35,000	[1]
Subordinated debt	6,841
Accrued interest payable	201	149
Financial Assets:
Cash and due from banks	5,880	6,181
Interest-bearing deposits	20,605	14,784
Federal funds sold	2,187	119
Securities available-for-sale	47,056	42,604	[1]
Restricted securities	2,261	2,430
Loans, net	319,343	300,481
Loans held for sale	709
Accrued interest receivable	1,237	1,197
Mortgage servicing rights	632	596	[1]
Financial Liabilities:
Non-interest-bearing liabilities	61,073	63,308
Savings and other interest-bearing deposits	152,503	122,502
Time deposits	121,026	122,662
Securities sold under repurchase agreements	8,787	6,012
FHLB advances	30,911	35,951
Subordinated debt	7,000
Accrued interest payable	201	149
Fair Value, Inputs, Level 1
Financial Assets:
Securities available-for-sale	1,366	845
Financial Assets:
Cash and due from banks	5,880	6,181
Interest-bearing deposits	20,605	14,784
Federal funds sold	2,187	119
Securities available-for-sale	1,366	845
Financial Liabilities:
Non-interest-bearing liabilities	61,073	63,308
Fair Value, Inputs, Level 2
Financial Assets:
Securities available-for-sale	45,490	41,759
Financial Assets:
Securities available-for-sale	45,490	41,759
Accrued interest receivable	1,237	1,197
Financial Liabilities:
Savings and other interest-bearing deposits	152,503	122,502
Securities sold under repurchase agreements	8,787	6,012
FHLB advances	30,911	35,951
Accrued interest payable	201	149
Fair Value, Inputs, Level 3
Financial Assets:
Securities available-for-sale	200
Financial Assets:
Securities available-for-sale	200
Restricted securities	2,261	2,430
Loans, net	319,343	300,481
Loans held for sale	709
Mortgage servicing rights	632	596
Financial Liabilities:
Time deposits	121,026	$ 122,662
Subordinated debt	$ 7,000
[1]	Derived from the audited consolidated financial statements.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income - Balances in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015		Jun. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning balance	$ (720)	$ (850)	$ (921)	[1]	$ (1,173)
Change in net unrealized holding gains on securities, before reclassification, net of tax expense	(372)	223	(174)		545
Reclassification for previously unrealized net gains recognized in income, net of tax expense	(4)	10	(1)		11
Ending Balance	(1,096)	(617)	(1,096)		(617)
Holding gains (losses) on securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning balance	246	(468)	45		(791)
Change in net unrealized holding gains on securities, before reclassification, net of tax expense	(372)	223	(174)		545
Reclassification for previously unrealized net gains recognized in income, net of tax expense	(4)	10	(1)		11
Ending Balance	(130)	(235)	(130)		(235)
Pension and Post employment costs
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning balance	(966)	(382)	(966)		(382)
Ending Balance	$ (966)	$ (382)	$ (966)		$ (382)
[1]	Derived from the audited consolidated financial statements.

Accumulated Other Comprehensi71

Accumulated Other Comprehensive Income - Balances in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized holding gains arising during the period, tax expense	$ (192)	$ 112	$ (90)	$ 280
Reclassification for previously unrealized net losses recognized in income, tax benefit	2	(6)	1	(6)
Holding gains (losses) on securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized holding gains arising during the period, tax expense	(192)	112	(90)	280
Reclassification for previously unrealized net losses recognized in income, tax benefit	$ 2	$ (6)	$ 1	$ (6)

Accumulated Other Comprehensi72

Accumulated Other Comprehensive Income (Loss) - Reclassification of Unrealized Losses and Impairments on Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net gains (losses) on sale of securities available-for-securities	$ 6	$ (16)	$ 2	$ (17)
Tax (expense) benefit	(56)	(27)	(152)	(204)
Holding gains (losses) on securities | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net gains (losses) on sale of securities available-for-securities	6	(16)	2	(17)
Tax (expense) benefit	(2)	6	(1)	6
Impact on net income	$ 4	$ (10)	$ 1	$ (11)

Uncategorized Items - bayk-2015

Label	Element	Value
Gain (Loss) on Disposition of Property Plant Equipment	us-gaap_GainLossOnSaleOfPropertyPlantEquipment	$ (7)
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	260
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	$ 294