Bay Banks of Virginia (BAYK) 10-Q 12 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 02, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
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		4,774,856

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	[1]
ASSETS
Cash and due from banks	$ 5,424	$ 6,181
Interest-bearing deposits	7,578	14,784
Federal funds sold	466	119
Securities available-for-sale, at fair value	53,895	42,604
Restricted securities	2,261	2,430
Loans receivable, net of allowance for loan losses of $3,374 and $3,205	329,231	295,242
Loans held for sale	1,182
Premises and equipment, net	11,857	11,882
Accrued interest receivable	1,207	1,197
Other real estate owned, net	2,343	2,791
Bank owned life insurance	7,535	7,348
Goodwill	2,808	2,808
Mortgage servicing rights	642	596
Other assets	3,537	2,504
Total assets	429,966	390,486
LIABILITIES
Noninterest-bearing deposits	61,609	63,308
Savings and interest-bearing demand deposits	159,274	122,502
Time deposits	118,501	121,775
Total deposits	339,384	307,585
Securities sold under repurchase agreements	10,491	6,012
Federal Home Loan Bank advances	30,000	35,000
Subordinated debt, net of issuance costs	6,839
Other liabilities	3,194	2,651
Total liabilities	389,908	351,248
SHAREHOLDERS' EQUITY
Common stock ($5 par value; authorized - 10,000,000 shares; outstanding - 4,774,856 and 4,817,856 shares, respectively)	23,874	24,089
Additional paid-in capital	2,766	2,777
Retained earnings	14,249	13,293
Accumulated other comprehensive loss, net	(831)	(921)
Total shareholders' equity	40,058	39,238
Total liabilities and shareholders' equity	$ 429,966	$ 390,486
[1]	Derived from the audited consolidated financial statements.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	[1]
Loans, allowance for loan losses	$ 3,374	$ 3,205
Common stock, par value	$ 5	$ 5
Common stock, authorized shares	10,000,000	10,000,000
Common stock, outstanding shares	4,774,856	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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
INTEREST INCOME
Loans, including fees	$ 3,810	$ 3,323	$ 11,200	$ 9,763
Securities:
Taxable	159	93	434	272
Tax-exempt	102	92	276	286
Interest-bearing deposit accounts	9	7	30	15
Total interest income	4,080	3,515	11,940	10,336
INTEREST EXPENSE
Deposits	643	456	1,729	1,363
Federal funds purchased				1
Securities sold under repurchase agreements	4	3	8	7
Subordinated debt	119		161
FHLB advances	87	76	259	261
Total interest expense	853	535	2,157	1,632
Net interest income	3,227	2,980	9,783	8,704
Provision for loan losses	84	190	354	452
Net interest income after provision for loan losses	3,143	2,790	9,429	8,252
NON-INTEREST INCOME
Income from fiduciary activities	197	193	589	580
Service charges and fees on deposit accounts	237	249	686	736
VISA-related fees	44	60	153	210
Non-deposit product income	77	209	324	447
Other service charges and fees	144	134	414	403
Secondary market lending income	171	213	409	392
Increase in cash surrender value of life insurance	62	64	187	155
Net gains (losses) on sale of securities available for sale	2	(8)	4	(25)
Other real estate losses	(167)	(60)	(247)	(279)
Net gains (losses) on the disposal of fixed assets	1	(2)	(6)	136
Other income	5	18	62	52
Total non-interest income	773	1,070	2,575	2,807
NON-INTEREST EXPENSES
Salaries and employee benefits	1,959	1,653	5,847	4,837
Occupancy expense	465	356	1,342	1,068
Software maintenance	175	116	465	391
Bank franchise tax	61	47	159	141
VISA expense	19	26	83	134
Telephone expense	35	52	101	160
FDIC assessments	71	63	200	201
Foreclosure property expense	15	46	36	105
Consulting expense	71	75	236	244
Other expense	714	743	2,377	2,171
Total non-interest expenses	3,585	3,177	10,846	9,452
Net income before income taxes	331	683	1,158	1,607
Income tax expense	50	171	202	375
Net income	$ 281	$ 512	$ 956	$ 1,232
Basic Earnings Per Share
Average basic shares outstanding	4,780,649	4,818,733	4,797,405	4,818,454
Earnings per share, basic	$ 0.06	$ 0.11	$ 0.20	$ 0.26
Diluted Earnings Per Share
Average diluted shares outstanding	4,796,008	4,828,285	4,811,129	4,831,055
Earnings per share, diluted	$ 0.06	$ 0.11	$ 0.20	$ 0.26

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net income	$ 281	$ 512	$ 956	$ 1,232
Unrealized gains (losses) on securities:
Unrealized holding gains arising during the period	403	177	140	1,002
Deferred tax expense	(136)	(60)	(47)	(340)
Reclassification of net securities (gains) losses recognized in net income	(2)	8	(4)	25
Deferred tax (benefit) expense	0	(3)	1	(9)
Unrealized gains adjustment, net of tax	265	122	90	678
Defined benefit plan:
Total other comprehensive income	265	122	90	678
Comprehensive income	546	634	1,046	1,910
Pension Plan, Defined Benefit
Defined benefit plan:
Net periodic cost	4	(6)	8	(17)
Net loss	(4)	6	(8)	17
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	14	11	40	34
Net loss	(14)	(11)	(40)	(34)
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 - 9 months ended Sep. 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	$ 956				956
Other comprehensive income (loss)	90					90
Stock repurchase	(243)		$ (215)	(28)
Stock repurchase, Shares			(43,000)
Stock-based compensation expense	17			17
Balance at end of period at Sep. 30, 2015	$ 40,058		$ 23,874	$ 2,766	$ 14,249	$ (831)
Balance at end of period, Shares at Sep. 30, 2015	4,774,856		4,774,856
[1]	Derived from the audited consolidated financial statements.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows From Operating Activities
Net income	$ 956	$ 1,232
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	727	573
Net amortization and accretion of securities	280	281
Amortization of subordinated debt issuance costs	5
Provision for loan losses	354	452
Stock compensation expense	17	20
(Gain) loss on securities available-for-sale	(4)	25
Increase in OREO valuation allowance	159	187
Loss on sale of other real estate	88	92
Loss (gain) on disposal of fixed assets	6	(136)
Mortgage servicing rights	(46)	(41)
Loan originations for sale	(11,857)	(8,306)
Loan sales	10,887	8,706
Gain on sold loans	(212)	(204)
Increase in cash surrender value of life insurance	(187)	(155)
(Increase) decrease in accrued income and other assets	(308)	404
Increase (decrease) in other liabilities	555	(99)
Net cash provided by operating activities	1,420	3,031
Cash Flows From Investing Activities
Proceeds from maturities and principal paydowns of available-for-sale securities	2,309	3,888
Proceeds from sales and calls of available-for-sale securities	4,819	3,810
Purchase of bank owned life insurance		(2,000)
Purchases of available-for-sale securities	(18,561)	(4,974)
Sales (purchases) of restricted securities	169	(342)
Increase in federal funds sold	(347)	(17)
Loan (originations) and principal collections, net	(35,050)	(23,112)
Proceeds from sale of other real estate	520	371
Purchases of premises and equipment	(1,111)	(780)
Proceeds from the sale of premises and equipment		311
Net cash used in investing activities	(47,252)	(22,845)
Cash Flows From Financing Activities
Increase in demand, savings, and other interest-bearing deposits	35,073	6,662
Net (decrease) increase in time deposits	(3,274)	896
Repurchase of common stock	(243)
Issuance of subordinated debt, net	6,834
Net increase (decrease) in securities sold under repurchase agreements	4,479	(2,140)
(Decrease) increase in Federal Home Loan Bank advances	(5,000)	10,000
Net cash provided by financing activities	37,869	15,418
Net decrease in cash and due from banks	(7,963)	(4,396)
Cash and cash equivalents (including interest-earning deposits) at beginning of period	20,965	15,689
Cash and cash equivalents (including interest-earning deposits) at end of period	13,002	11,293
Cash paid for:
Interest	2,102	1,665
Income taxes	590	341
Non-cash investing and financing:
Unrealized gain on investment securities	136	1,027
Change in fair value of pension and post-retirement obligation	0	0
Loans transferred to other real estate owned	437	197
Loans originated to facilitate sale of OREO	118	605
Changes in deferred taxes resulting from OCI transactions	$ 46	$ 349

General

General	9 Months Ended
	Sep. 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. Certain amounts presented in the consolidated financial statements of prior periods have been reclassified to conform to current year presentations. The reclassifications had no effect on net income, net income per share or shareholders’ equity as previously reported.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 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. 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	9 Months Ended
	Sep. 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 In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In January 2015, the FASB issued ASU 2015-01, Income Statement – Extraordinary and Unusual Items 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

Securities

Securities	9 Months Ended
	Sep. 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 September 30, 2015 Amortized Gross Gross Fair Corporate bonds $ 700 $ — $ — $ 700 U.S. Government agencies 23,046 126 (36 ) 23,136 State and municipal obligations 24,490 202 (130 ) 24,562 Certificates of deposits 5,456 41 — 5,497 $ 53,692 $ 369 $ (166 ) $ 53,895 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 nine months ended (Dollars in thousands) 2015 2014 2015 2014 Gross realized gains $ 3 $ 3 $ 27 $ 8 Gross realized losses (1 ) (11 ) (23 ) (33 ) Net realized gains (losses) $ 2 $ (8 ) $ 4 $ (25 ) Aggregate proceeds $ 1,995 $ 479 $ 4,819 $ 3,810 Average yields (taxable equivalent) on securities were 2.40% and 2.43% for the three months ended September 30, 2015 and 2014, respectively, and 2.40% and 2.39% for the nine months ended September 30, 2015 and 2014, respectively. Securities with a market value of $12.4 million and $8.5 million were pledged as collateral for repurchase agreements and for other purposes as required by law as of September 30, 2015 and December 31, 2014, respectively. As of September 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 $10.5 million and $6.0 million as of September 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 fair value. Securities in an unrealized loss position at September 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 September 30, 2015 included nine federal agencies and 27 municipals. Bonds with unrealized loss positions at December 31, 2014 included 13 federal agencies, 29 municipals and three certificates of deposit. The tables are shown below. (Dollars in thousands) Less than 12 months 12 months or more Total September 30, 2015 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government agencies $ 3,280 $ 18 $ 1,745 $ 18 $ 5,025 $ 36 States and municipal obligations 5,328 38 3,438 92 8,766 130 Total temporarily impaired securities $ 8,608 $ 56 $ 5,183 $ 110 $ 13,791 $ 166 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 September 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 September 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	9 Months Ended
	Sep. 30, 2015
Loans	Note 5: Loans The following is a summary of the balances of loans: (Dollars in thousands) September 30, 2015 December 31, 2014 Mortgage loans on real estate: Construction, Land and Land Development $ 44,571 $ 43,048 Farmland 1,054 1,128 Commercial Mortgages (Non-Owner Occupied) 23,799 20,534 Commercial Mortgages (Owner Occupied) 41,723 33,326 Residential First Mortgages 156,004 135,267 Residential Revolving and Junior Mortgages 26,579 25,400 Commercial and Industrial loans 33,636 34,002 Consumer Loans 4,907 5,349 Total loans 332,273 298,054 Net unamortized deferred loans costs 332 393 Allowance for loan losses (3,374 ) (3,205 ) Loans, net $ 329,231 $ 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 September 30, 2015 30-89 90 Days or Nonaccruals Total Past Current Total Construction, Land and Land Development $ 129 $ — $ 811 $ 940 $ 43,631 $ 44,571 Farmland — — — — 1,054 1,054 Commercial Mortgages (Non-Owner Occupied) — — — — 23,799 23,799 Commercial Mortgages (Owner Occupied) 245 — 1,507 1,752 39,971 41,723 Residential First Mortgages 610 393 861 1,864 154,140 156,004 Residential Revolving and Junior Mortgages 54 72 45 171 26,408 26,579 Commercial and Industrial — — 121 121 33,515 33,636 Consumer Loans 17 12 12 41 4,866 4,907 Total $ 1,055 $ 477 $ 3,357 $ 4,889 $ 327,384 $ 332,273 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	9 Months Ended
	Sep. 30, 2015
Allowance for Loan Losses	Note 6: Allowance for Loan Losses Loans Evaluated for Impairment Loan receivables evaluated for impairment individually and collectively by segment as of September 30, 2015 and December 31, 2014 are as follows: (Dollars in thousands) As of September 30, 2015 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 7,679 $ 119 $ 2 $ 7,800 Collectively evaluated for impairment 286,051 33,517 4,905 324,473 Total Gross Loans $ 293,730 $ 33,636 $ 4,907 $ 332,273 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 Allowance for Loan Losses The allowance for loan losses disaggregated based on loan receivables evaluated for impairment individually and collectively by segment as of September 30, 2015 and December 31, 2014 are as follows: (Dollars in thousands) As of September 30, 2015 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 711 $ 119 $ — $ 830 Collectively evaluated for impairment 2,103 314 127 2,544 Total allowance for loan losses $ 2,814 $ 433 $ 127 $ 3,374 As of December 31, 2014 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 665 $ — $ 11 $ 676 Collectively evaluated for impairment 2,113 323 93 2,529 Total allowance for loan losses $ 2,778 $ 323 $ 104 $ 3,205 A disaggregation 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 September 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,889 $ 420 $ 130 $ 3,439 (Charge-offs) (12 ) (132 ) (17 ) (161 ) Recoveries 6 — 6 12 Provision (69 ) 145 8 84 Ending Balance $ 2,814 $ 433 $ 127 $ 3,374 Mortgage Commercial Consumer Total For the Three Months Ended September 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,589 $ 211 $ 173 $ 2,973 (Charge-offs) (10 ) — (22 ) (32 ) Recoveries 15 — 5 20 Provision 109 91 (10 ) 190 Ending Balance $ 2,703 $ 302 $ 146 $ 3,151 (Dollars in thousands) Mortgage Commercial Consumer Total For the Nine Months Ended September 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,778 $ 323 $ 104 $ 3,205 (Charge-offs) (13 ) (132 ) (103 ) (248 ) Recoveries 16 — 47 63 Provision 33 242 79 354 Ending Balance $ 2,814 $ 433 $ 127 $ 3,374 Mortgage Commercial Consumer Total For the Nine Months Ended September 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,465 $ 256 $ 204 $ 2,925 (Charge-offs) (224 ) — (43 ) (267 ) Recoveries 29 — 12 41 Provision 433 46 (27 ) 452 Ending Balance $ 2,703 $ 302 $ 146 $ 3,151 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 September 30, 2015 Construction, Farmland Commercial (Non-Owner Commercial Commercial Total Grade: Pass $ 36,909 $ 1,054 $ 18,807 $ 32,443 $ 31,780 $ 120,993 Watch 5,441 — 4,444 4,103 1,497 15,485 Special mention 1,146 — 284 2,697 269 4,396 Substandard 1,075 — 264 2,480 90 3,909 Doubtful — — — — — — Total $ 44,571 $ 1,054 $ 23,799 $ 41,723 $ 33,636 $ 144,783 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 September 30, 2015 PAYMENT ACTIVITY STATUS Residential Revolving Consumer Total Performing $ 154,750 $ 26,462 $ 4,883 $ 186,095 Nonperforming 1,254 117 24 1,395 Total $ 156,004 $ 26,579 $ 4,907 $ 187,490 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 $2.2 million as of September 30, 2015. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $15 thousand as of September 30, 2015. (3) Consumer Loans which have been assigned a risk rating grade of Substandard were $4 thousand as of September 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 September 30, 2015 and December 31, 2014, along with the average recorded investment and interest income recognized for the three and nine months ended September 30, 2015 and 2014, respectively. (Dollars in thousands) As of September 30, 2015 As of December 31, 2014 IMPAIRED LOANS With no related allowance: Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related Construction, land and land development $ 447 $ 451 $ — $ 450 $ 452 $ — Residential First Mortgages 2,164 2,193 — 1,568 1,584 — Residential Revolving and Junior Mortgages (1) 50 50 — 50 50 — Commercial Mortgages (Non-owner occupied) 264 264 — 264 264 — Commercial Mortgages (Owner occupied) 1,353 1,389 — 1,887 1,916 — Commercial and Industrial — — — — — — Consumer (2) 2 2 — 5 5 — 4,280 4,349 — 4,224 4,271 — With an allowance recorded: Construction, land and land development 267 292 126 277 292 144 Residential First Mortgages 1,739 1,739 273 2,173 2,173 437 Residential Revolving and Junior Mortgages (1) 245 245 141 173 173 84 Commercial Mortgages (Non-owner occupied) — — — — — — Commercial Mortgages (Owner occupied) 1,150 1,158 171 — — — Commercial and Industrial 119 121 119 — — — Consumer (2) — — — 11 11 11 3,520 3,555 830 2,634 2,649 676 Total Impaired Loans: Construction, land and land development 714 743 126 727 744 144 Residential First Mortgages 3,903 3,932 273 3,741 3,757 437 Residential Revolving and Junior Mortgages (1) 295 295 141 223 223 84 Commercial Mortgages (Non-owner occupied) 264 264 — 264 264 — Commercial Mortgages (Owner occupied) 2,503 2,547 171 1,887 1,916 — Commercial and Industrial 119 121 119 — — — Consumer (2) 2 2 — 16 16 11 $ 7,800 $ 7,904 $ 830 $ 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 (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 448 $ — $ 451 $ 1 Residential First Mortgages 2,061 18 1,038 10 Residential Revolving and Junior Mortgages (1) 50 1 — — Commercial Mortgages (Non-owner occupied) 264 4 264 4 Commercial Mortgages (Owner occupied) 1,354 8 1,905 19 Commercial and Industrial — — — — Consumer (2) 3 — 6 — 4,180 31 3,664 34 With an allowance recorded: Construction, land and land development 268 1 426 1 Residential First Mortgages 1,741 21 2,181 26 Residential Revolving and Junior Mortgages (1) 209 2 173 2 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 1,152 6 — — Commercial and Industrial 120 — — — Consumer (2) — — 21 1 3,490 30 2,801 30 Total Construction, land and land development 716 1 877 2 Residential First Mortgages 3,802 39 3,219 36 Residential Revolving and Junior Mortgages (1) 259 3 173 2 Commercial Mortgages (Non-owner occupied) 264 4 264 4 Commercial Mortgages (Owner occupied) 2,506 14 1,905 19 Commercial and Industrial 120 — — — Consumer (2) 3 — 27 1 $ 7,670 $ 61 $ 6,465 $ 64 (1) Junior mortgages include equity lines. (2) Includes credit cards. For the nine months ended For the nine months ended (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 449 $ — $ 452 $ 2 Residential First Mortgages 1,813 53 1,043 31 Residential Revolving and Junior Mortgages (1) 50 2 — — Commercial Mortgages (Non-owner occupied) 264 12 264 12 Commercial Mortgages (Owner occupied) 1,036 20 1,917 61 Commercial and Industrial — — — — Consumer (2) 4 — 7 — 3,616 87 3,683 106 With an allowance recorded: Construction, land and land development 272 4 288 2 Residential First Mortgages 1,748 64 2,187 74 Residential Revolving and Junior Mortgages (1) 191 6 174 7 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 1,156 21 — — Commercial and Industrial 91 — — — Consumer (2) — — 26 2 3,458 95 2,675 85 Total Construction, land and land development 721 4 740 4 Residential First Mortgages 3,561 117 3,230 105 Residential Revolving and Junior Mortgages (1) 241 8 174 7 Commercial Mortgages (Non-owner occupied) 264 12 264 12 Commercial Mortgages (Owner occupied) 2,192 41 1,917 61 Commercial and Industrial 91 — — — Consumer (2) 4 — 33 2 $ 7,074 $ 182 $ 6,358 $ 191 (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 September 30, 2015 and December 31, 2014, non-accruing loans excluded from impaired loan disclosure totaled $388 thousand and $663 thousand, respectively. If interest on these non-accruing loans had been accrued, such income would have approximated $1 thousand and $11 thousand during the three months ended September 30, 2015 and 2014, respectively, and $9 thousand and $23 thousand during the nine months ended September 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 nine months ended September 30, 2015 and 2014. For the three months ended For the three months ended Pre-Modification Post-Modification Pre-Modification Post-Modification (Dollars in thousands) Outstanding Outstanding Outstanding Outstanding TROUBLED DEBT RESTRUCTURINGS Number of Recorded Recorded Number of Recorded Recorded Residential first mortgages (1) 1 $ 213 $ 211 — $ — $ — (1) Modifications were an extension of loan terms. For the nine months ended For the nine months ended Pre-Modification Post-Modification Pre-Modification Post-Modification (Dollars in thousands) Outstanding Outstanding Outstanding Outstanding TROUBLED DEBT RESTRUCTURINGS Number of Recorded Recorded Number of Recorded Recorded Construction, land and land development (1) — $ — $ — 2 $ 282 $ 282 Residential first mortgages (1) 1 213 211 — — — 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 None — $ — — $ — (Dollars in thousands) For the nine months ended For the nine 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 September 30, 2015 and December 31, 2014. There were no collateralized consumer residential mortgage loans in the process of foreclosure as of September 30, 2015. As of September 30, 2015 As of December 31, 2014 (Dollars in thousands) No. of Carrying No. of Carrying Residential 6 $ 910 10 $ 1,559 Land lots 7 442 13 587 Convenience stores 2 191 2 234 Restaurant 1 107 1 107 Commercial properties 3 693 1 304 Total 19 $ 2,343 27 $ 2,791 Included in other assets as of September 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 $390 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	9 Months Ended
	Sep. 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 nine months ended September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Average Per share Average Per share Average Per share Average Per share Basic earnings per share 4,780,649 $ 0.06 4,818,733 $ 0.11 4,797,405 $ 0.20 4,818,454 $ 0.26 Effect of dilutive securities: Stock options 15,359 9,552 13,724 12,601 Diluted earnings per share 4,796,008 $ 0.06 4,828,285 $ 0.11 4,811,129 $ 0.20 4,831,055 $ 0.26 For the three months ended September 30, 2015 and 2014, options on 60,973 and 68,828 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive. For the nine months ended September 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	9 Months Ended
	Sep. 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 September 30, 2015. Stock-based compensation expense related to stock awards was zero for both the three month periods ended September 30, 2015 and 2014 and during the nine month periods ended September 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 September 30, 2015. Options for a total of 7,500 shares were granted and vested during the nine months ended September 30, 2015. The aggregate fair value of options granted during the nine months ended September 30, 2015 was $17 thousand. Options for a total of 7,000 shares were granted and vested during the nine months ended September 30, 2014. The aggregate fair value of options granted during the nine months ended September 30, 2014 was $20 thousand. The variables used in these calculations of the fair value of the options are as follows: For the nine months ended September 30, 2015 2014 Risk free interest rate (5 year Treasury) 1.52 % 1.74 % Expected dividend yield 0.0 % 0.0 % Expected term (years) 5 5 Expected volatility 47.1 % 51.4 % Stock option activity for the nine months ended September 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, September 30, 2015 190,185 $ 6.66 5.8 $ 87,709 (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 September 30, 2015. This amount changes based on changes in the market value of the Company’s common stock.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 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 Nine months ended September 30, 2015 2014 2015 2014 Service cost $ — $ — $ 17 $ 12 Interest cost 99 106 23 22 Expected return on plan assets (148 ) (151 ) — — Amortization of unrecognized net loss — 28 — — Recognized net actuarial loss 57 — — — Net periodic (benefit) cost $ 8 $ (17 ) $ 40 $ 34 The Company expects to make no contribution to its pension plan and $2 thousand to its post-retirement benefit plan during the remainder of 2015. The Company has contributed $8 thousand towards the post-retirement plan during the first nine months of 2015.

Long Term Debt

Long Term Debt	9 Months Ended
	Sep. 30, 2015
Long Term Debt	Note 10: Long Term Debt FHLB Debt As of September 30, 2015 and December 31, 2014, the Bank had $30 million and $35 million of outstanding FHLB debt, respectively, consisting of five and six advances, respectively. A $5 million advance with a LIBOR-based floating rate advance which matured in May 2015 was replaced with a $5 million fixed rate advance, maturing in February 2016. In June 2015, a $5 million fixed rate advance was replaced with a $5 million LIBOR-based floating rate advance maturing in September 2016, and a $5 million fixed rate advance was repaid. The advanced which matured on October 20, 2015, was replaced with a $5 million, 0.52% fixed rate credit advance maturing on October 20, 2016. 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 September 30, 2015, was $48.7 million against a total line of credit of $82.7 million. As of September 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 29 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 interest payment date 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 (161 ) $ 6,839 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	9 Months Ended
	Sep. 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 made 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). The following additional capital requirements related to the capital conservation buffer will be phased in over a four year period beginning January 1, 2016. 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 September 30, 2015 and December 31, 2014, are presented in the following tables: Minimum To Be Well Capitalized Under Minimum Prompt Corrective Actual Capital Requirement Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of September 30, 2015: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 49,249 16.19 % $ 24,330 8.00 % N/A N/A Bank of Lancaster 41,769 13.84 % 24,136 8.00 % $ 30,171 10 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 39,036 12.84 % 12,165 4.00 % N/A N/A Bank of Lancaster 38,395 12.73 % 12,068 4.00 % $ 18,102 6 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated Bank of Lancaster 39,036 12.84 % 12,165 4.00 % N/A N/A 38,395 12.73 % 12,068 4.00 % $ 15,085 5 % Tier 1 Capital (to Average Assets) Consolidated Bank of Lancaster 39,036 9.16 % 17,042 4.00 % N/A N/A 38,395 9.19 % 16,712 4.00 % $ 20,890 5 % Minimum To Be Well Capitalized Under Minimum Prompt Corrective Actual Capital Requirement Action Provisions (Dollars 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	9 Months Ended
	Sep. 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 September 30, 2015 and December 31, 2014: (Dollars in thousands) Fair Value Measurements at September 30, 2015 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 700 $ — $ — $ 700 U. S. Government agencies 23,136 1,428 21,708 — State and municipal obligations 24,562 — 24,562 — Certificates of deposit 5,497 — 5,249 248 Total securities available-for-sale: $ 53,895 $ 1,428 $ 51,519 $ 948 Mortgage servicing rights $ 642 $ — $ — $ 642 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,613 1,613 — — Mutual funds - equity 1,125 1,125 — — Total defined benefit plan assets $ 2,741 $ 2,741 $ — $ — 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: Corporate Certificates of (Dollars in thousands) MSRs Bonds Deposit Balance, January 1, 2015 $ 596 $ — $ — Purchases — 700 248 Impairments — — — Fair value adjustments 46 — — Sales — — — Balance, September 30, 2015 $ 642 $ 700 $ 248 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 September 30, 2015 Using (Dollars in thousands) Balance as of Description September 30, 2015 Level 1 Level 2 Level 3 Impaired Loans, net $ 2,690 $ — $ — $ 2,690 Other real estate owned, net 2,343 — — 2,343 Fair Value Measurements at December 31, 2014 Using Balance as of Description December 31, 2014 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 September 30, 2015: Range Balance as of Valuation Unobservable (Weighted (Dollars in thousands) September 30, 2015 Technique Input Average) Impaired Loans, net $ 2,690 Discounted appraised value Selling Cost 10% - 25% (13% ) Lack of Marketability 25% - 75% (52% ) Other real estate owned, net 2,343 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: Range Balance as of Valuation Unobservable (Weighted (Dollars in thousands) December 31, 2014 Technique Input Average) 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 September 30, 2015 Using (Dollars in thousands) Balance as of Fair Value as of Description September 30, 2015 September 30, 2015 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 5,424 $ 5,424 $ 5,424 $ — $ — Interest-bearing deposits 7,578 7,578 7,578 — — Federal funds sold 466 466 466 — — Securities available-for-sale 53,895 53,895 1,428 51,519 948 Restricted securities 2,261 2,261 — — 2,261 Loans, net 329,231 336,077 — — 336,077 Loans held for sale 1,182 1,182 — — 1,182 Accrued interest receivable 1,207 1,207 — 1,207 — Mortgage servicing rights 642 642 — — 642 Financial Liabilities: Non-interest-bearing liabilities $ 61,609 $ 61,609 $ 61,609 $ — $ — Savings and other interest-bearing deposits 159,274 159,274 — 159,274 — Time deposits 118,501 119,471 — — 119,471 Securities sold under repurchase agreements 10,491 10,491 — 10,491 — FHLB advances 30,000 30,910 — 30,910 — Subordinated debt 6,839 6,839 — — 6,839 Accrued interest payable 204 204 — 204 — Fair Value Measurements at December 31, 2014 Using (Dollars in thousands) Balance as of Fair Value as of Description December 31, 2014 December 31, 2014 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 September 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)	9 Months Ended
	Sep. 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 September 30, 2015 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance July 1, 2015 $ (130 ) $ (966 ) $ (1,096 ) Change in net unrealized holding losses on securities, before reclassification, net of tax expense of $136 267 — 267 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $0 (2 ) — (2 ) Balance September 30, 2015 $ 135 $ (966 ) $ (831 ) For the Three Months Ended September 30, 2014 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance July 1, 2014 $ (235 ) $ (382 ) $ (617 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $60 117 — 117 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $3 5 — 5 Balance September 30, 2014 $ (113 ) $ (382 ) $ (495 ) For the Nine Months Ended September 30, 2015 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance January 1, 2015 $ 45 $ (966 ) $ (921 ) Change in net unrealized holding losses on securities, before reclassification, net of tax expense of $47 93 — 93 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $1 (3 ) — (3 ) Balance September 30, 2015 $ 135 $ (966 ) $ (831 ) For the Nine Months Ended September 30, 2014 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance January 1, 2014 $ (791 ) $ (382 ) $ (1,173 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $340 662 — 662 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $9 16 — 16 Balance September 30, 2014 $ (113 ) $ (382 ) $ (495 ) 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 nine months ended September 30, 2015 and 2014. Accumulated Other Comprehensive Income (Loss) Reclassification for the Three Months Ended Holding Losses on Securities (In thousands) September 30, 2015 September 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 2 $ (8 ) Tax (expense) benefit — 3 Impact on net income $ 2 $ (5 ) Accumulated Other Comprehensive Income (Loss) Reclassification for the Nine Months Ended Holding Losses on Securities (In thousands) September 30, 2015 September 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 4 $ (25 ) Tax (expense) benefit (1 ) 9 Impact on net income $ 3 $ (16 )

Significant Accounting Polici21

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 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. 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)	9 Months Ended
	Sep. 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 September 30, 2015 Amortized Gross Gross Fair Corporate bonds $ 700 $ — $ — $ 700 U.S. Government agencies 23,046 126 (36 ) 23,136 State and municipal obligations 24,490 202 (130 ) 24,562 Certificates of deposits 5,456 41 — 5,497 $ 53,692 $ 369 $ (166 ) $ 53,895 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 nine months ended (Dollars in thousands) 2015 2014 2015 2014 Gross realized gains $ 3 $ 3 $ 27 $ 8 Gross realized losses (1 ) (11 ) (23 ) (33 ) Net realized gains (losses) $ 2 $ (8 ) $ 4 $ (25 ) Aggregate proceeds $ 1,995 $ 479 $ 4,819 $ 3,810
Unrealized Loss Positions	Bonds with unrealized loss positions at December 31, 2014 included 13 federal agencies, 29 municipals and three certificates of deposit. The tables are shown below. (Dollars in thousands) Less than 12 months 12 months or more Total September 30, 2015 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government agencies $ 3,280 $ 18 $ 1,745 $ 18 $ 5,025 $ 36 States and municipal obligations 5,328 38 3,438 92 8,766 130 Total temporarily impaired securities $ 8,608 $ 56 $ 5,183 $ 110 $ 13,791 $ 166 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)	9 Months Ended
	Sep. 30, 2015
Summary of Balances of Loans	The following is a summary of the balances of loans: (Dollars in thousands) September 30, 2015 December 31, 2014 Mortgage loans on real estate: Construction, Land and Land Development $ 44,571 $ 43,048 Farmland 1,054 1,128 Commercial Mortgages (Non-Owner Occupied) 23,799 20,534 Commercial Mortgages (Owner Occupied) 41,723 33,326 Residential First Mortgages 156,004 135,267 Residential Revolving and Junior Mortgages 26,579 25,400 Commercial and Industrial loans 33,636 34,002 Consumer Loans 4,907 5,349 Total loans 332,273 298,054 Net unamortized deferred loans costs 332 393 Allowance for loan losses (3,374 ) (3,205 ) Loans, net $ 329,231 $ 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 September 30, 2015 30-89 90 Days or Nonaccruals Total Past Current Total Construction, Land and Land Development $ 129 $ — $ 811 $ 940 $ 43,631 $ 44,571 Farmland — — — — 1,054 1,054 Commercial Mortgages (Non-Owner Occupied) — — — — 23,799 23,799 Commercial Mortgages (Owner Occupied) 245 — 1,507 1,752 39,971 41,723 Residential First Mortgages 610 393 861 1,864 154,140 156,004 Residential Revolving and Junior Mortgages 54 72 45 171 26,408 26,579 Commercial and Industrial — — 121 121 33,515 33,636 Consumer Loans 17 12 12 41 4,866 4,907 Total $ 1,055 $ 477 $ 3,357 $ 4,889 $ 327,384 $ 332,273 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)	9 Months Ended
	Sep. 30, 2015
Loan Receivables Evaluated for Impairment Individually and Collectively by Segment	Loan receivables evaluated for impairment individually and collectively by segment as of September 30, 2015 and December 31, 2014 are as follows: (Dollars in thousands) As of September 30, 2015 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 7,679 $ 119 $ 2 $ 7,800 Collectively evaluated for impairment 286,051 33,517 4,905 324,473 Total Gross Loans $ 293,730 $ 33,636 $ 4,907 $ 332,273 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
Allowance for Loan Losses by Portfolio Segment	Allowance for Loan Losses The allowance for loan losses disaggregated based on loan receivables evaluated for impairment individually and collectively by segment as of September 30, 2015 and December 31, 2014 are as follows: (Dollars in thousands) As of September 30, 2015 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 711 $ 119 $ — $ 830 Collectively evaluated for impairment 2,103 314 127 2,544 Total allowance for loan losses $ 2,814 $ 433 $ 127 $ 3,374 As of December 31, 2014 Mortgage Commercial Consumer Total Individually evaluated for impairment $ 665 $ — $ 11 $ 676 Collectively evaluated for impairment 2,113 323 93 2,529 Total allowance for loan losses $ 2,778 $ 323 $ 104 $ 3,205 A disaggregation 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 September 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,889 $ 420 $ 130 $ 3,439 (Charge-offs) (12 ) (132 ) (17 ) (161 ) Recoveries 6 — 6 12 Provision (69 ) 145 8 84 Ending Balance $ 2,814 $ 433 $ 127 $ 3,374 Mortgage Commercial Consumer Total For the Three Months Ended September 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,589 $ 211 $ 173 $ 2,973 (Charge-offs) (10 ) — (22 ) (32 ) Recoveries 15 — 5 20 Provision 109 91 (10 ) 190 Ending Balance $ 2,703 $ 302 $ 146 $ 3,151 (Dollars in thousands) Mortgage Commercial Consumer Total For the Nine Months Ended September 30, 2015 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,778 $ 323 $ 104 $ 3,205 (Charge-offs) (13 ) (132 ) (103 ) (248 ) Recoveries 16 — 47 63 Provision 33 242 79 354 Ending Balance $ 2,814 $ 433 $ 127 $ 3,374 Mortgage Commercial Consumer Total For the Nine Months Ended September 30, 2014 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 2,465 $ 256 $ 204 $ 2,925 (Charge-offs) (224 ) — (43 ) (267 ) Recoveries 29 — 12 41 Provision 433 46 (27 ) 452 Ending Balance $ 2,703 $ 302 $ 146 $ 3,151
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 September 30, 2015 Construction, Farmland Commercial (Non-Owner Commercial Commercial Total Grade: Pass $ 36,909 $ 1,054 $ 18,807 $ 32,443 $ 31,780 $ 120,993 Watch 5,441 — 4,444 4,103 1,497 15,485 Special mention 1,146 — 284 2,697 269 4,396 Substandard 1,075 — 264 2,480 90 3,909 Doubtful — — — — — — Total $ 44,571 $ 1,054 $ 23,799 $ 41,723 $ 33,636 $ 144,783 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 September 30, 2015 PAYMENT ACTIVITY STATUS Residential Revolving Consumer Total Performing $ 154,750 $ 26,462 $ 4,883 $ 186,095 Nonperforming 1,254 117 24 1,395 Total $ 156,004 $ 26,579 $ 4,907 $ 187,490 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 $2.2 million as of September 30, 2015. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $15 thousand as of September 30, 2015. (3) Consumer Loans which have been assigned a risk rating grade of Substandard were $4 thousand as of September 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 September 30, 2015 and December 31, 2014, along with the average recorded investment and interest income recognized for the three and nine months ended September 30, 2015 and 2014, respectively. (Dollars in thousands) As of September 30, 2015 As of December 31, 2014 IMPAIRED LOANS With no related allowance: Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related Construction, land and land development $ 447 $ 451 $ — $ 450 $ 452 $ — Residential First Mortgages 2,164 2,193 — 1,568 1,584 — Residential Revolving and Junior Mortgages (1) 50 50 — 50 50 — Commercial Mortgages (Non-owner occupied) 264 264 — 264 264 — Commercial Mortgages (Owner occupied) 1,353 1,389 — 1,887 1,916 — Commercial and Industrial — — — — — — Consumer (2) 2 2 — 5 5 — 4,280 4,349 — 4,224 4,271 — With an allowance recorded: Construction, land and land development 267 292 126 277 292 144 Residential First Mortgages 1,739 1,739 273 2,173 2,173 437 Residential Revolving and Junior Mortgages (1) 245 245 141 173 173 84 Commercial Mortgages (Non-owner occupied) — — — — — — Commercial Mortgages (Owner occupied) 1,150 1,158 171 — — — Commercial and Industrial 119 121 119 — — — Consumer (2) — — — 11 11 11 3,520 3,555 830 2,634 2,649 676 Total Impaired Loans: Construction, land and land development 714 743 126 727 744 144 Residential First Mortgages 3,903 3,932 273 3,741 3,757 437 Residential Revolving and Junior Mortgages (1) 295 295 141 223 223 84 Commercial Mortgages (Non-owner occupied) 264 264 — 264 264 — Commercial Mortgages (Owner occupied) 2,503 2,547 171 1,887 1,916 — Commercial and Industrial 119 121 119 — — — Consumer (2) 2 2 — 16 16 11 $ 7,800 $ 7,904 $ 830 $ 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 (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 448 $ — $ 451 $ 1 Residential First Mortgages 2,061 18 1,038 10 Residential Revolving and Junior Mortgages (1) 50 1 — — Commercial Mortgages (Non-owner occupied) 264 4 264 4 Commercial Mortgages (Owner occupied) 1,354 8 1,905 19 Commercial and Industrial — — — — Consumer (2) 3 — 6 — 4,180 31 3,664 34 With an allowance recorded: Construction, land and land development 268 1 426 1 Residential First Mortgages 1,741 21 2,181 26 Residential Revolving and Junior Mortgages (1) 209 2 173 2 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 1,152 6 — — Commercial and Industrial 120 — — — Consumer (2) — — 21 1 3,490 30 2,801 30 Total Construction, land and land development 716 1 877 2 Residential First Mortgages 3,802 39 3,219 36 Residential Revolving and Junior Mortgages (1) 259 3 173 2 Commercial Mortgages (Non-owner occupied) 264 4 264 4 Commercial Mortgages (Owner occupied) 2,506 14 1,905 19 Commercial and Industrial 120 — — — Consumer (2) 3 — 27 1 $ 7,670 $ 61 $ 6,465 $ 64 (1) Junior mortgages include equity lines. (2) Includes credit cards. For the nine months ended For the nine months ended (Dollars in thousands) Average Interest Average Interest With no related allowance: Construction, land and land development $ 449 $ — $ 452 $ 2 Residential First Mortgages 1,813 53 1,043 31 Residential Revolving and Junior Mortgages (1) 50 2 — — Commercial Mortgages (Non-owner occupied) 264 12 264 12 Commercial Mortgages (Owner occupied) 1,036 20 1,917 61 Commercial and Industrial — — — — Consumer (2) 4 — 7 — 3,616 87 3,683 106 With an allowance recorded: Construction, land and land development 272 4 288 2 Residential First Mortgages 1,748 64 2,187 74 Residential Revolving and Junior Mortgages (1) 191 6 174 7 Commercial Mortgages (Non-owner occupied) — — — — Commercial Mortgages (Owner occupied) 1,156 21 — — Commercial and Industrial 91 — — — Consumer (2) — — 26 2 3,458 95 2,675 85 Total Construction, land and land development 721 4 740 4 Residential First Mortgages 3,561 117 3,230 105 Residential Revolving and Junior Mortgages (1) 241 8 174 7 Commercial Mortgages (Non-owner occupied) 264 12 264 12 Commercial Mortgages (Owner occupied) 2,192 41 1,917 61 Commercial and Industrial 91 — — — Consumer (2) 4 — 33 2 $ 7,074 $ 182 $ 6,358 $ 191 (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 nine months ended September 30, 2015 and 2014. For the three months ended For the three months ended Pre-Modification Post-Modification Pre-Modification Post-Modification (Dollars in thousands) Outstanding Outstanding Outstanding Outstanding TROUBLED DEBT RESTRUCTURINGS Number of Recorded Recorded Number of Recorded Recorded Residential first mortgages (1) 1 $ 213 $ 211 — $ — $ — (1) Modifications were an extension of loan terms. For the nine months ended For the nine months ended Pre-Modification Post-Modification Pre-Modification Post-Modification (Dollars in thousands) Outstanding Outstanding Outstanding Outstanding TROUBLED DEBT RESTRUCTURINGS Number of Recorded Recorded Number of Recorded Recorded Construction, land and land development (1) — $ — $ — 2 $ 282 $ 282 Residential first mortgages (1) 1 213 211 — — — 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 None — $ — — $ — (Dollars in thousands) For the nine months ended For the nine 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 September 30, 2015 and December 31, 2014. There were no collateralized consumer residential mortgage loans in the process of foreclosure as of September 30, 2015. As of September 30, 2015 As of December 31, 2014 (Dollars in thousands) No. of Carrying No. of Carrying Residential 6 $ 910 10 $ 1,559 Land lots 7 442 13 587 Convenience stores 2 191 2 234 Restaurant 1 107 1 107 Commercial properties 3 693 1 304 Total 19 $ 2,343 27 $ 2,791

Earnings per share (Tables)

Earnings per share (Tables)	9 Months Ended
	Sep. 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 nine months ended September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Average Per share Average Per share Average Per share Average Per share Basic earnings per share 4,780,649 $ 0.06 4,818,733 $ 0.11 4,797,405 $ 0.20 4,818,454 $ 0.26 Effect of dilutive securities: Stock options 15,359 9,552 13,724 12,601 Diluted earnings per share 4,796,008 $ 0.06 4,828,285 $ 0.11 4,811,129 $ 0.20 4,831,055 $ 0.26

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value of Options	The variables used in these calculations of the fair value of the options are as follows: For the nine months ended September 30, 2015 2014 Risk free interest rate (5 year Treasury) 1.52 % 1.74 % 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 nine months ended September 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, September 30, 2015 190,185 $ 6.66 5.8 $ 87,709 (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 September 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)	9 Months Ended
	Sep. 30, 2015
Components of Net Periodic (Benefit) Cost	Components of Net Periodic (Benefit) Cost (Dollars in thousands) Pension Benefits Post-Retirement Benefits Nine months ended September 30, 2015 2014 2015 2014 Service cost $ — $ — $ 17 $ 12 Interest cost 99 106 23 22 Expected return on plan assets (148 ) (151 ) — — Amortization of unrecognized net loss — 28 — — Recognized net actuarial loss 57 — — — Net periodic (benefit) cost $ 8 $ (17 ) $ 40 $ 34

Long Term Debt (Tables)

Long Term Debt (Tables)	9 Months Ended
	Sep. 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 (161 ) $ 6,839

Regulatory Capital Requiremen29

Regulatory Capital Requirements and Restrictions (Tables)	9 Months Ended
	Sep. 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 September 30, 2015 and December 31, 2014, are presented in the following tables: Minimum To Be Well Capitalized Under Minimum Prompt Corrective Actual Capital Requirement Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of September 30, 2015: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 49,249 16.19 % $ 24,330 8.00 % N/A N/A Bank of Lancaster 41,769 13.84 % 24,136 8.00 % $ 30,171 10 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 39,036 12.84 % 12,165 4.00 % N/A N/A Bank of Lancaster 38,395 12.73 % 12,068 4.00 % $ 18,102 6 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated Bank of Lancaster 39,036 12.84 % 12,165 4.00 % N/A N/A 38,395 12.73 % 12,068 4.00 % $ 15,085 5 % Tier 1 Capital (to Average Assets) Consolidated Bank of Lancaster 39,036 9.16 % 17,042 4.00 % N/A N/A 38,395 9.19 % 16,712 4.00 % $ 20,890 5 % Minimum To Be Well Capitalized Under Minimum Prompt Corrective Actual Capital Requirement Action Provisions (Dollars 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)	9 Months Ended
	Sep. 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 September 30, 2015 and December 31, 2014: (Dollars in thousands) Fair Value Measurements at September 30, 2015 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 700 $ — $ — $ 700 U. S. Government agencies 23,136 1,428 21,708 — State and municipal obligations 24,562 — 24,562 — Certificates of deposit 5,497 — 5,249 248 Total securities available-for-sale: $ 53,895 $ 1,428 $ 51,519 $ 948 Mortgage servicing rights $ 642 $ — $ — $ 642 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,613 1,613 — — Mutual funds - equity 1,125 1,125 — — Total defined benefit plan assets $ 2,741 $ 2,741 $ — $ — 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: Corporate Certificates of (Dollars in thousands) MSRs Bonds Deposit Balance, January 1, 2015 $ 596 $ — $ — Purchases — 700 248 Impairments — — — Fair value adjustments 46 — — Sales — — — Balance, September 30, 2015 $ 642 $ 700 $ 248
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 September 30, 2015 Using (Dollars in thousands) Balance as of Description September 30, 2015 Level 1 Level 2 Level 3 Impaired Loans, net $ 2,690 $ — $ — $ 2,690 Other real estate owned, net 2,343 — — 2,343 Fair Value Measurements at December 31, 2014 Using Balance as of Description December 31, 2014 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 September 30, 2015: Range Balance as of Valuation Unobservable (Weighted (Dollars in thousands) September 30, 2015 Technique Input Average) Impaired Loans, net $ 2,690 Discounted appraised value Selling Cost 10% - 25% (13% ) Lack of Marketability 25% - 75% (52% ) Other real estate owned, net 2,343 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: Range Balance as of Valuation Unobservable (Weighted (Dollars in thousands) December 31, 2014 Technique Input Average) 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 September 30, 2015 Using (Dollars in thousands) Balance as of Fair Value as of Description September 30, 2015 September 30, 2015 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 5,424 $ 5,424 $ 5,424 $ — $ — Interest-bearing deposits 7,578 7,578 7,578 — — Federal funds sold 466 466 466 — — Securities available-for-sale 53,895 53,895 1,428 51,519 948 Restricted securities 2,261 2,261 — — 2,261 Loans, net 329,231 336,077 — — 336,077 Loans held for sale 1,182 1,182 — — 1,182 Accrued interest receivable 1,207 1,207 — 1,207 — Mortgage servicing rights 642 642 — — 642 Financial Liabilities: Non-interest-bearing liabilities $ 61,609 $ 61,609 $ 61,609 $ — $ — Savings and other interest-bearing deposits 159,274 159,274 — 159,274 — Time deposits 118,501 119,471 — — 119,471 Securities sold under repurchase agreements 10,491 10,491 — 10,491 — FHLB advances 30,000 30,910 — 30,910 — Subordinated debt 6,839 6,839 — — 6,839 Accrued interest payable 204 204 — 204 — Fair Value Measurements at December 31, 2014 Using (Dollars in thousands) Balance as of Fair Value as of Description December 31, 2014 December 31, 2014 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)	9 Months Ended
	Sep. 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 September 30, 2015 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance July 1, 2015 $ (130 ) $ (966 ) $ (1,096 ) Change in net unrealized holding losses on securities, before reclassification, net of tax expense of $136 267 — 267 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $0 (2 ) — (2 ) Balance September 30, 2015 $ 135 $ (966 ) $ (831 ) For the Three Months Ended September 30, 2014 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance July 1, 2014 $ (235 ) $ (382 ) $ (617 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $60 117 — 117 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $3 5 — 5 Balance September 30, 2014 $ (113 ) $ (382 ) $ (495 ) For the Nine Months Ended September 30, 2015 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance January 1, 2015 $ 45 $ (966 ) $ (921 ) Change in net unrealized holding losses on securities, before reclassification, net of tax expense of $47 93 — 93 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $1 (3 ) — (3 ) Balance September 30, 2015 $ 135 $ (966 ) $ (831 ) For the Nine Months Ended September 30, 2014 Net Unrealized Pension and Accumulated Other Gains (Losses) Post-retirement Comprehensive (Dollars in thousands) on Securities Benefit Plans Income (Loss) Balance January 1, 2014 $ (791 ) $ (382 ) $ (1,173 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $340 662 — 662 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $9 16 — 16 Balance September 30, 2014 $ (113 ) $ (382 ) $ (495 )
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 nine months ended September 30, 2015 and 2014. Accumulated Other Comprehensive Income (Loss) Reclassification for the Three Months Ended Holding Losses on Securities (In thousands) September 30, 2015 September 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 2 $ (8 ) Tax (expense) benefit — 3 Impact on net income $ 2 $ (5 ) Accumulated Other Comprehensive Income (Loss) Reclassification for the Nine Months Ended Holding Losses on Securities (In thousands) September 30, 2015 September 30, 2014 Net gains (losses) on sale of securities available-for-securities $ 4 $ (25 ) Tax (expense) benefit (1 ) 9 Impact on net income $ 3 $ (16 )

General - Additional Informatio

General - Additional Information (Detail)	9 Months Ended
	Sep. 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) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Significant Accounting Policies [Line Items]
Credit card and other personal loans charged off period no later than period	180 days
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	$ 144,783,000	$ 132,038,000
Special Mention
Significant Accounting Policies [Line Items]
Loan Receivables	$ 4,396,000	$ 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 and Other 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	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 53,692	$ 42,536
Gross Unrealized Gains	369	267
Gross Unrealized (Losses)	(166)	(199)
Fair Value	53,895	42,604	[1]
Certificates of Deposit
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	5,456	2,232
Gross Unrealized Gains	41	8
Gross Unrealized (Losses)		(2)
Fair Value	5,497	2,238
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	23,046	16,969
Gross Unrealized Gains	126	33
Gross Unrealized (Losses)	(36)	(37)
Fair Value	23,136	16,965
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	24,490	23,335
Gross Unrealized Gains	202	226
Gross Unrealized (Losses)	(130)	(160)
Fair Value	24,562	$ 23,401
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	700
Fair Value	$ 700
[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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	$ 3	$ 3	$ 27	$ 8
Gross realized losses	(1)	(11)	(23)	(33)
Net realized gains (losses)	2	(8)	4	(25)
Aggregate proceeds	$ 1,995	$ 479	$ 4,819	$ 3,810

Securities - Additional Informa

Securities - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)Bond	Sep. 30, 2014	Sep. 30, 2015USD ($)Bond	Sep. 30, 2014	Dec. 31, 2014USD ($)Bond
Schedule of Available-for-sale Securities [Line Items]
Average yields (taxable equivalent) on securities	2.40%	2.43%	2.40%	2.39%
Market value of securities	$ 12,400		$ 12,400		$ 8,500
Securities sold under repurchase agreements	10,491		10,491		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	27		27		29
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	9		9		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	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	$ 8,608	$ 2,653
Less than 12 months, Unrealized Loss	56	11
12 months or more, Fair Value	5,183	12,538
12 months or more, Unrealized Loss	110	188
Fair Value, Total	13,791	15,191
Total Unrealized Loss	166	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	3,280	1,499
Less than 12 months, Unrealized Loss	18	4
12 months or more, Fair Value	1,745	3,532
12 months or more, Unrealized Loss	18	33
Fair Value, Total	5,025	5,031
Total Unrealized Loss	36	37
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	5,328	412
Less than 12 months, Unrealized Loss	38	5
12 months or more, Fair Value	3,438	9,006
12 months or more, Unrealized Loss	92	155
Fair Value, Total	8,766	9,418
Total Unrealized Loss	$ 130	$ 160

Loans - Summary of Balances of

Loans - Summary of Balances of Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Summary of balances of loans
Total loans	$ 332,273	$ 298,054
Net unamortized deferred loans costs	332	393
Allowance for loan losses	(3,374)	(3,205)	[1]
Loans, net	329,231	295,242	[1]
Construction, Land and Land Development
Summary of balances of loans
Total loans	44,571	43,048
Farmland
Summary of balances of loans
Total loans	1,054	1,128
Commercial Mortgages (Non-Owner Occupied)
Summary of balances of loans
Total loans	23,799	20,534
Commercial Mortgages (Owner Occupied)
Summary of balances of loans
Total loans	41,723	33,326
Residential First Mortgages
Summary of balances of loans
Total loans	156,004	135,267
Residential Revolving and Junior Mortgages
Summary of balances of loans
Total loans	26,579	25,400
Commercial and Industrial
Summary of balances of loans
Total loans	33,636	34,002
Allowance for loan losses	(433)	(323)
Consumer and Other Loans
Summary of balances of loans
Total loans	4,907	5,349
Allowance for loan losses	$ (127)	$ (104)
[1]	Derived from the audited consolidated financial statements.

Loans - Additional Informations

Loans - Additional Informations (Detail)	9 Months Ended
	Sep. 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	Sep. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	$ 1,055	$ 1,502
90 Days or More Past Due and Still Accruing	477	14
Nonaccruals	3,357	1,954
Total Past Due and Nonaccruals	4,889	3,470
Current	327,384	294,584
Total Gross Loans	332,273	298,054
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	129	64
Nonaccruals	811	669
Total Past Due and Nonaccruals	940	733
Current	43,631	42,315
Total Gross Loans	44,571	43,048
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	1,054	1,128
Total Gross Loans	1,054	1,128
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	23,799	20,534
Total Gross Loans	23,799	20,534
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	245
Nonaccruals	1,507	566
Total Past Due and Nonaccruals	1,752	566
Current	39,971	32,760
Total Gross Loans	41,723	33,326
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	610	1,270
90 Days or More Past Due and Still Accruing	393
Nonaccruals	861	359
Total Past Due and Nonaccruals	1,864	1,629
Current	154,140	133,638
Total Gross Loans	156,004	135,267
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	54	6
90 Days or More Past Due and Still Accruing	72
Nonaccruals	45	31
Total Past Due and Nonaccruals	171	37
Current	26,408	25,363
Total Gross Loans	26,579	25,400
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		96
Nonaccruals	121	228
Total Past Due and Nonaccruals	121	324
Current	33,515	33,678
Total Gross Loans	33,636	34,002
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	17	66
90 Days or More Past Due and Still Accruing	12	14
Nonaccruals	12	101
Total Past Due and Nonaccruals	41	181
Current	4,866	5,168
Total Gross Loans	$ 4,907	$ 5,349

Allowance for Loan Losses - Loa

Allowance for Loan Losses - Loan Receivables Evaluated for Impairment Individually and Collectively by Segment (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 7,800	$ 6,858
Collectively evaluated for impairment	324,473	291,196
Total Gross Loans	332,273	298,054
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	7,679	6,842
Collectively evaluated for impairment	286,051	251,861
Total Gross Loans	293,730	258,703
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	119
Collectively evaluated for impairment	33,517	34,002
Total Gross Loans	33,636	34,002
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	2	16
Collectively evaluated for impairment	4,905	5,333
Total Gross Loans	$ 4,907	$ 5,349

Allowance for Loan Losses - All

Allowance for Loan Losses - Allowance for Loan Losses Disaggregated Based on Loan Receivables Evaluated for Impairment Individually and Collectively by Segment (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 830	$ 676
Collectively evaluated for impairment	2,544	2,529
Total allowance for loan losses	3,374	3,205	[1]
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	711	665
Collectively evaluated for impairment	2,103	2,113
Total allowance for loan losses	2,814	2,778
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	119
Collectively evaluated for impairment	314	323
Total allowance for loan losses	433	323
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment		11
Collectively evaluated for impairment	127	93
Total allowance for loan losses	$ 127	$ 104
[1]	Derived from the audited consolidated financial statements.

Allowance for Loan Losses - A43

Allowance for Loan Losses - Allowance for Loan Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	$ 3,439	$ 2,973	$ 3,205	$ 2,925
(Charge-offs)	(161)	(32)	(248)	(267)
Recoveries	12	20	63	41
Provision	84	190	354	452
Ending Balance	3,374	3,151	3,374	3,151
Mortgage Loans on Real Estate
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	2,889	2,589	2,778	2,465
(Charge-offs)	(12)	(10)	(13)	(224)
Recoveries	6	15	16	29
Provision	(69)	109	33	433
Ending Balance	2,814	2,703	2,814	2,703
Commercial and Industrial
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	420	211	323	256
(Charge-offs)	(132)		(132)
Provision	145	91	242	46
Ending Balance	433	302	433	302
Consumer and Other Loans
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	130	173	104	204
(Charge-offs)	(17)	(22)	(103)	(43)
Recoveries	6	5	47	12
Provision	8	(10)	79	(27)
Ending Balance	$ 127	$ 146	$ 127	$ 146

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)Property	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)Property	Sep. 30, 2014USD ($)	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	$ 388,000		$ 388,000			$ 663,000
Non-accruing loans accrued interest	$ 1,000	$ 11,000	$ 9,000	$ 23,000
No. of Properties | Property	19		19			27
Other assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Properties marketed for sale, value					$ 390,000
No. of Properties | Property	2		2
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential properties collateralized with loan | Property	0
Residential | Other assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Properties marketed for sale, value	$ 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	Sep. 30, 2015	Dec. 31, 2014
INTERNAL RISK RATING GRADES
Loan Receivables	$ 144,783	$ 132,038
Pass
INTERNAL RISK RATING GRADES
Loan Receivables	120,993	107,475
Watch
INTERNAL RISK RATING GRADES
Loan Receivables	15,485	16,341
Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	4,396	4,346
Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	3,909	3,876
Construction, Land and Land Development
INTERNAL RISK RATING GRADES
Loan Receivables	44,571	43,048
Construction, Land and Land Development | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	36,909	34,913
Construction, Land and Land Development | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	5,441	5,649
Construction, Land and Land Development | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	1,146	1,403
Construction, Land and Land Development | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,075	1,083
Farmland
INTERNAL RISK RATING GRADES
Loan Receivables	1,054	1,128
Farmland | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	1,054	1,128
Commercial Mortgages (Non-Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	23,799	20,534
Commercial Mortgages (Non-Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	18,807	16,426
Commercial Mortgages (Non-Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	4,444	3,770
Commercial Mortgages (Non-Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	284
Commercial Mortgages (Non-Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	264	338
Commercial Mortgages (Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	41,723	33,326
Commercial Mortgages (Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	32,443	23,967
Commercial Mortgages (Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	4,103	4,430
Commercial Mortgages (Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	2,697	2,789
Commercial Mortgages (Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	2,480	2,140
Commercial and Industrial
INTERNAL RISK RATING GRADES
Loan Receivables	33,636	34,002
Commercial and Industrial | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	31,780	31,041
Commercial and Industrial | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	1,497	2,492
Commercial and Industrial | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	269	154
Commercial and Industrial | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	$ 90	$ 315

Allowance for Loan Losses - Per

Allowance for Loan Losses - Performing and Non Performing Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2015		Dec. 31, 2014
Performing and non performing loans
Loan receivables	$ 187,490		$ 166,016
Performing
Performing and non performing loans
Loan receivables	186,095		165,511
Nonperforming
Performing and non performing loans
Loan receivables	1,395		505
Residential First Mortgages
Performing and non performing loans
Loan receivables	156,004	[1]	135,267	[2]
Residential First Mortgages | Performing
Performing and non performing loans
Loan receivables	154,750	[1]	134,908	[2]
Residential First Mortgages | Nonperforming
Performing and non performing loans
Loan receivables	1,254	[1]	359	[2]
Residential Revolving and Junior Mortgages
Performing and non performing loans
Loan receivables	26,579	[3]	25,400	[4]
Residential Revolving and Junior Mortgages | Performing
Performing and non performing loans
Loan receivables	26,462	[3]	25,369	[4]
Residential Revolving and Junior Mortgages | Nonperforming
Performing and non performing loans
Loan receivables	117	[3]	31	[4]
Consumer and Other Loans
Performing and non performing loans
Loan receivables	4,907	[5]	5,349	[6]
Consumer and Other Loans | Performing
Performing and non performing loans
Loan receivables	4,883	[5]	5,234	[6]
Consumer and Other Loans | Nonperforming
Performing and non performing loans
Loan receivables	$ 24	[5]	$ 115	[6]
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.2 million as of September 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 $15 thousand as of September 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 $4 thousand as of September 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 - P47

Allowance for Loan Losses - Performing and Non Performing Loans (Parenthetical) (Detail) - USD ($) $ in Thousands	Sep. 30, 2015		Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 187,490		$ 166,016
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	156,004	[1]	135,267	[2]
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	26,579	[3]	25,400	[4]
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	4,907	[5]	5,349	[6]
Substandard | Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	2,200		2,100
Substandard | Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	15		219
Substandard | Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 4		$ 1
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.2 million as of September 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 $15 thousand as of September 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 $4 thousand as of September 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		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		$ 4,280		$ 4,280		$ 4,224
With no related allowance, Customers' Unpaid Principal Balance		4,349		4,349		4,271
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		3,520		3,520		2,634
With an allowance recorded, Customers' Unpaid Principal Balance		3,555		3,555		2,649
With an allowance recorded, Related Allowance		830		830		676
Total Impaired Loans, Recorded Investment		7,800		7,800		6,858
Total Impaired Loans, Customers' Unpaid Principal Balance		7,904		7,904		6,920
Total Impaired Loans, Related Allowance		830		830		676
With no related allowance, Average Recorded Investment		4,180	$ 3,664	3,616	$ 3,683
With no related allowance, Interest Income Recognized		31	34	87	106
With an allowance recorded, Average Recorded Investment		3,490	2,801	3,458	2,675
With an allowance recorded, Interest Income Recognized		30	30	95	85
Total, Average Recorded Investment		7,670	6,465	7,074	6,358
Total, Interest Income Recognized		61	64	182	191
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		447		447		450
With no related allowance, Customers' Unpaid Principal Balance		451		451		452
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		267		267		277
With an allowance recorded, Customers' Unpaid Principal Balance		292		292		292
With an allowance recorded, Related Allowance		126		126		144
Total Impaired Loans, Recorded Investment		714		714		727
Total Impaired Loans, Customers' Unpaid Principal Balance		743		743		744
Total Impaired Loans, Related Allowance		126		126		144
With no related allowance, Average Recorded Investment		448	451	449	452
With no related allowance, Interest Income Recognized			1		2
With an allowance recorded, Average Recorded Investment		268	426	272	288
With an allowance recorded, Interest Income Recognized		1	1	4	2
Total, Average Recorded Investment		716	877	721	740
Total, Interest Income Recognized		1	2	4	4
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		2,164		2,164		1,568
With no related allowance, Customers' Unpaid Principal Balance		2,193		2,193		1,584
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		1,739		1,739		2,173
With an allowance recorded, Customers' Unpaid Principal Balance		1,739		1,739		2,173
With an allowance recorded, Related Allowance		273		273		437
Total Impaired Loans, Recorded Investment		3,903		3,903		3,741
Total Impaired Loans, Customers' Unpaid Principal Balance		3,932		3,932		3,757
Total Impaired Loans, Related Allowance		273		273		437
With no related allowance, Average Recorded Investment		2,061	1,038	1,813	1,043
With no related allowance, Interest Income Recognized		18	10	53	31
With an allowance recorded, Average Recorded Investment		1,741	2,181	1,748	2,187
With an allowance recorded, Interest Income Recognized		21	26	64	74
Total, Average Recorded Investment		3,802	3,219	3,561	3,230
Total, Interest Income Recognized		39	36	117	105
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]	245		245		173
With an allowance recorded, Customers' Unpaid Principal Balance	[1]	245		245		173
With an allowance recorded, Related Allowance	[1]	141		141		84
Total Impaired Loans, Recorded Investment	[1]	295		295		223
Total Impaired Loans, Customers' Unpaid Principal Balance	[1]	295		295		223
Total Impaired Loans, Related Allowance	[1]	141		141		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]	209	173	191	174
With an allowance recorded, Interest Income Recognized	[1]	2	2	6	7
Total, Average Recorded Investment	[1]	259	173	241	174
Total, Interest Income Recognized	[1]	3	2	8	7
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		264		264		264
With no related allowance, Customers' Unpaid Principal Balance		264		264		264
With no related allowance, Related Allowance		0		0		0
Total Impaired Loans, Recorded Investment		264		264		264
Total Impaired Loans, Customers' Unpaid Principal Balance		264		264		264
With no related allowance, Average Recorded Investment		264	264	264	264
With no related allowance, Interest Income Recognized		4	4	12	12
Total, Average Recorded Investment		264	264	264	264
Total, Interest Income Recognized		4	4	12	12
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,353		1,353		1,887
With no related allowance, Customers' Unpaid Principal Balance		1,389		1,389		1,916
With no related allowance, Related Allowance		0		0		0
With an allowance recorded, Recorded Investment		1,150		1,150
With an allowance recorded, Customers' Unpaid Principal Balance		1,158		1,158
With an allowance recorded, Related Allowance		171		171
Total Impaired Loans, Recorded Investment		2,503		2,503		1,887
Total Impaired Loans, Customers' Unpaid Principal Balance		2,547		2,547		1,916
Total Impaired Loans, Related Allowance		171		171
With no related allowance, Average Recorded Investment		1,354	1,905	1,036	1,917
With no related allowance, Interest Income Recognized		8	19	20	61
With an allowance recorded, Average Recorded Investment		1,152		1,156
With an allowance recorded, Interest Income Recognized		6		21
Total, Average Recorded Investment		2,506	1,905	2,192	1,917
Total, Interest Income Recognized		14	19	41	61
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		119		119
With an allowance recorded, Customers' Unpaid Principal Balance		121		121
With an allowance recorded, Related Allowance		119		119
Total Impaired Loans, Recorded Investment		119		119
Total Impaired Loans, Customers' Unpaid Principal Balance		121		121
Total Impaired Loans, Related Allowance		119		119
With an allowance recorded, Average Recorded Investment		120		91
Total, Average Recorded Investment		120		91
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	[2]	2		2		5
With no related allowance, Customers' Unpaid Principal Balance	[2]	2		2		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]	2		2		16
Total Impaired Loans, Customers' Unpaid Principal Balance	[2]	2		2		16
Total Impaired Loans, Related Allowance	[2]					$ 11
With no related allowance, Average Recorded Investment	[2]	3	6	4	7
With an allowance recorded, Average Recorded Investment	[2]		21		26
With an allowance recorded, Interest Income Recognized	[2]		1		2
Total, Average Recorded Investment	[2]	$ 3	27	$ 4	33
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	9 Months Ended
		Sep. 30, 2015USD ($)Loan	Sep. 30, 2015USD ($)Loan	Sep. 30, 2014USD ($)Loan
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	[1]			2
Pre-Modification Outstanding Recorded Investment	[1]			$ 282
Post-Modification Outstanding Recorded Investment	[1]			$ 282
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subsequently defaulted number of loans | Loan				1
Subsequently defaulted recorded investment				$ 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
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	[1]	1	1
Pre-Modification Outstanding Recorded Investment	[1]	$ 213	$ 213
Post-Modification Outstanding Recorded Investment	[1]	$ 211	$ 211
[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	Sep. 30, 2015USD ($)Property	Dec. 31, 2014USD ($)Property
Real Estate Properties [Line Items]
No. of Properties | Property	19	27
Carrying Value	$ 2,343	$ 2,791	[1]
Residential
Real Estate Properties [Line Items]
No. of Properties | Property	6	10
Carrying Value	$ 910	$ 1,559
Land lots
Real Estate Properties [Line Items]
No. of Properties | Property	7	13
Carrying Value	$ 442	$ 587
Convenience Stores
Real Estate Properties [Line Items]
No. of Properties | Property	2	2
Carrying Value	$ 191	$ 234
Restaurant
Real Estate Properties [Line Items]
No. of Properties | Property	1	1
Carrying Value	$ 107	$ 107
Commercial properties
Real Estate Properties [Line Items]
No. of Properties | Property	3	1
Carrying Value	$ 693	$ 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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Basic earnings per share	4,780,649	4,818,733	4,797,405	4,818,454
Effect of dilutive securities:
Stock options	15,359	9,552	13,724	12,601
Diluted earnings per share	4,796,008	4,828,285	4,811,129	4,831,055
Basic earnings per share	$ 0.06	$ 0.11	$ 0.20	$ 0.26
Diluted earnings per share	$ 0.06	$ 0.11	$ 0.20	$ 0.26

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	60,973	68,828	68,473	68,828

Stock-Based Compensation Plans

Stock-Based Compensation Plans - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 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)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate (5 year Treasury)	1.52%	1.74%
Expected dividend yield	0.00%	0.00%
Expected term (years)	5 years	5 years
Expected volatility	47.10%	51.40%

Stock-Based Compensation - Fa55

Stock-Based Compensation - Fair Value of Options (Parenthetical) (Detail)	9 Months Ended
	Sep. 30, 2015	Sep. 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 ($)		9 Months Ended		12 Months Ended
		Sep. 30, 2015	Sep. 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		5 years 9 months 18 days		6 years 2 months 12 days
Options outstanding and exercisable, ending, Aggregate Intrinsic Value	[1]	$ 87,709
[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 September 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)	9 Months Ended
	Sep. 30, 2015USD ($)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 | $	2,000
Employer contribution | $	$ 8,000

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Gain) (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	$ 99	$ 106
Expected return on plan assets	(148)	(151)
Amortization of unrecognized net loss		28
Recognized net actuarial loss	57
Net periodic (benefit) cost	8	(17)
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	17	12
Interest cost	23	22
Net periodic (benefit) cost	$ 40	$ 34

Long Term Debt - Additional Inf

Long Term Debt - Additional Information (Detail)	Oct. 20, 2015USD ($)	Sep. 30, 2015USD ($)Loan	May. 28, 2015USD ($)	Jun. 30, 2015USD ($)	May. 31, 2015USD ($)	Dec. 31, 2014USD ($)Loan
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 30,000,000				$ 35,000,000	[1]
Number of FHLB debt advances | Loan		5				6
Repayment on Federal Home Loan Bank advances				$ 5,000,000
Immediate available credit		$ 48,700,000
Total line of credit		$ 82,700,000
Weighted average interest rate		1.13%				0.96%
Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances					$ 5,000,000
Advances, Variable rate description		LIBOR-based floating rate advance
Federal Home Loan Bank Advances Three
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 5,000,000
Advances, Variable rate description		Fixed rate advance
Federal Home Loan Bank Advances Four
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 5,000,000		$ 5,000,000
Advances, Variable rate description		LIBOR-based floating rate advance
Subsequent Event | Federal Home Loan Bank Advances Five
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000,000
Advances, Variable rate description	Fixed rate credit advance
Interest rate LIBOR-based floating rate advance	0.52%
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
[1]	Derived from the audited consolidated financial statements.

Long Term Debt - Advances of FH

Long Term Debt - Advances of FHLB (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	May. 31, 2015	Dec. 31, 2014	[1]
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	$ 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
	Sep. 30, 2015	May. 28, 2015
Debt and Financial Instruments [Line Items]
Debt instrument, face amount	$ 7,000,000	$ 7,000,000
Less: Issuance costs	(161,000)
Proceeds from Debt, Net of Issuance Costs	$ 6,839,000

Subordinated Debt (Parenthetica

Subordinated Debt (Parenthetical) (Detail)	Sep. 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 Requiremen63

Regulatory Capital Requirements and Restrictions - Additional Information (Detail)	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	Sep. 30, 2015	Jan. 01, 2015	Dec. 31, 2014	Jul. 31, 2013
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio		8.00%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio		6.00%		4.00%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Ratio		4.00%
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%
Consolidated Entities
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 49,249		$ 41,445
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	16.19%		15.02%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 24,330		$ 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	$ 39,036		$ 38,240
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	12.84%		13.86%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 12,165		$ 11,037
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.00%		4.00%
Tier 1 Capital (to Average Assets), Actual Amount	$ 39,036		$ 38,240
Tier 1 Capital (to Average Assets), Actual Ratio	9.16%		10.36%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Amount	$ 17,042		$ 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	$ 39,036
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	12.84%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 12,165
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.00%
Subsidiaries
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 41,769		$ 36,446
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	13.84%		13.30%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 24,136		$ 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	$ 30,171		$ 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	$ 38,395		$ 33,241
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	12.73%		12.13%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 12,068		$ 10,964
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.00%		4.00%
Tier 1 Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 18,102		$ 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	$ 38,395		$ 33,241
Tier 1 Capital (to Average Assets), Actual Ratio	9.19%		9.07%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Amount	$ 16,712		$ 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	$ 20,890		$ 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	$ 38,395
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	12.73%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 12,068
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.00%
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 15,085
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	9 Months Ended	12 Months Ended
	Sep. 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	173.00%	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	Sep. 30, 2015	Dec. 31, 2014
Securities available for sale:
Securities available-for-sale	$ 53,895	$ 42,604	[1]
Mortgage servicing rights	642	596	[1]
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,741	2,897
Corporate Bonds
Securities available for sale:
Securities available-for-sale	700
US Government Agencies
Securities available for sale:
Securities available-for-sale	23,136	16,965
State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	24,562	23,401
Certificates of Deposit
Securities available for sale:
Securities available-for-sale	5,497	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	1,613	1,139
Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,125	1,754
Fair Value, Inputs, Level 1
Securities available for sale:
Securities available-for-sale	1,428	845
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,741	2,897
Fair Value, Inputs, Level 1 | US Government Agencies
Securities available for sale:
Securities available-for-sale	1,428	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	1,613	1,139
Fair Value, Inputs, Level 1 | Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,125	1,754
Fair Value, Inputs, Level 2
Securities available for sale:
Securities available-for-sale	51,519	41,759
Fair Value, Inputs, Level 2 | US Government Agencies
Securities available for sale:
Securities available-for-sale	21,708	16,120
Fair Value, Inputs, Level 2 | State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	24,562	23,401
Fair Value, Inputs, Level 2 | Certificates of Deposit
Securities available for sale:
Securities available-for-sale	5,249	2,238
Fair Value, Inputs, Level 3
Securities available for sale:
Securities available-for-sale	948
Mortgage servicing rights	642	$ 596
Fair Value, Inputs, Level 3 | Corporate Bonds
Securities available for sale:
Securities available-for-sale	700
Fair Value, Inputs, Level 3 | Certificates of Deposit
Securities available for sale:
Securities available-for-sale	$ 248
[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	9 Months Ended
	Sep. 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	46
Sales	0
Ending balance	642
Corporate Bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	700
Impairments	0
Sales	0
Ending balance	700
Certificates of Deposit
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	248
Impairments	0
Sales	0
Ending balance	$ 248

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	$ 2,690	$ 1,958
Other real estate owned, net	2,343	2,791
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	2,690	1,958
Other real estate owned, net	$ 2,343	$ 2,791

Fair Value Measurements - Sum69

Fair Value Measurements - Summary of Quantitative Fair Value Measurements for Level 3 (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired Loans, net	$ 2,690	$ 1,958
Other real estate owned, net	2,343	2,791
Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired Loans, net	2,690	1,958
Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Other real estate owned, net	$ 2,343	$ 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	Sep. 30, 2015	Dec. 31, 2014
Financial Assets:
Cash and due from banks	$ 5,424	$ 6,181	[1]
Interest-bearing deposits	7,578	14,784	[1]
Federal funds sold	466	119	[1]
Securities available-for-sale	53,895	42,604	[1]
Restricted securities	2,261	2,430	[1]
Loans, net	329,231	295,242	[1]
Loans held for sale	1,182
Accrued interest receivable	1,207	1,197	[1]
Mortgage servicing rights	642	596
Financial Liabilities:
Non-interest-bearing liabilities	61,609	63,308	[1]
Savings and other interest-bearing deposits	159,274	122,502	[1]
Time deposits	118,501	121,775	[1]
Securities sold under repurchase agreements	10,491	6,012	[1]
FHLB advances	30,000	35,000	[1]
Subordinated debt	6,839
Accrued interest payable	204	149
Financial Assets:
Cash and due from banks	5,424	6,181
Interest-bearing deposits	7,578	14,784
Federal funds sold	466	119
Securities available-for-sale	53,895	42,604	[1]
Restricted securities	2,261	2,430
Loans, net	336,077	300,481
Loans held for sale	1,182
Accrued interest receivable	1,207	1,197
Mortgage servicing rights	642	596	[1]
Financial Liabilities:
Non-interest-bearing liabilities	61,609	63,308
Savings and other interest-bearing deposits	159,274	122,502
Time deposits	119,471	122,662
Securities sold under repurchase agreements	10,491	6,012
FHLB advances	30,910	35,951
Subordinated debt	6,839
Accrued interest payable	204	149
Fair Value, Inputs, Level 1
Financial Assets:
Securities available-for-sale	1,428	845
Financial Assets:
Cash and due from banks	5,424	6,181
Interest-bearing deposits	7,578	14,784
Federal funds sold	466	119
Securities available-for-sale	1,428	845
Financial Liabilities:
Non-interest-bearing liabilities	61,609	63,308
Fair Value, Inputs, Level 2
Financial Assets:
Securities available-for-sale	51,519	41,759
Financial Assets:
Securities available-for-sale	51,519	41,759
Accrued interest receivable	1,207	1,197
Financial Liabilities:
Savings and other interest-bearing deposits	159,274	122,502
Securities sold under repurchase agreements	10,491	6,012
FHLB advances	30,910	35,951
Accrued interest payable	204	149
Fair Value, Inputs, Level 3
Financial Assets:
Securities available-for-sale	948
Financial Assets:
Securities available-for-sale	948
Restricted securities	2,261	2,430
Loans, net	336,077	300,481
Loans held for sale	1,182
Mortgage servicing rights	642	596
Financial Liabilities:
Time deposits	119,471	$ 122,662
Subordinated debt	$ 6,839
[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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning balance	$ (1,096)	$ (617)	$ (921)	[1]	$ (1,173)
Change in net unrealized holding gains on securities, before reclassification, net of tax expense	267	117	93		662
Reclassification for previously unrealized net gains recognized in income, net of tax expense	(2)	5	(3)		16
Ending Balance	(831)	(495)	(831)		(495)
Holding gains (losses) on securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning balance	(130)	(235)	45		(791)
Change in net unrealized holding gains on securities, before reclassification, net of tax expense	267	117	93		662
Reclassification for previously unrealized net gains recognized in income, net of tax expense	(2)	5	(3)		16
Ending Balance	135	(113)	135		(113)
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 Comprehensi72

Accumulated Other Comprehensive Income - Balances in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized holding gains (losses) arising during the period, tax expense	$ 136	$ 60	$ 47	$ 340
Reclassification for previously unrealized net losses recognized in income, tax benefit	0	(3)	1	(9)
Holding gains (losses) on securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized holding gains (losses) arising during the period, tax expense	136	60	47	340
Reclassification for previously unrealized net losses recognized in income, tax benefit	$ 0	$ (3)	$ 1	$ (9)

Accumulated Other Comprehensi73

Accumulated Other Comprehensive Income (Loss) - Reclassification of Unrealized Losses and Impairments on Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net gains (losses) on sale of securities available-for-securities	$ 2	$ (8)	$ 4	$ (25)
Tax (expense) benefit	(50)	(171)	(202)	(375)
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	2	(8)	4	(25)
Tax (expense) benefit		3	(1)	9
Impact on net income	$ 2	$ (5)	$ 3	$ (16)