Bay Banks of Virginia (BAYK) 10-K 22 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 01, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
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 Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,777,356
Entity Public Float			$ 25,736,303

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 4,851	$ 4,969
Interest-bearing deposits	7,501	15,330
Certificates of deposit	4,216	5,735
Federal funds sold	2,350	271
Securities available-for-sale, at fair value	51,173	54,090
Restricted securities	2,649	2,731
Loans receivable, net of allowance for loan losses of $3,863 and $4,223	381,537	343,323
Loans held for sale	276	270
Premises and equipment, net	10,844	11,646
Accrued interest receivable	1,372	1,318
Other real estate owned, net	2,494	1,870
Bank owned life insurance	9,869	7,595
Goodwill	2,808	2,808
Mortgage servicing rights	671	658
Other assets	4,099	3,682
Total assets	486,710	456,296
LIABILITIES
Noninterest-bearing deposits	74,799	65,842
Savings and interest-bearing demand deposits	178,869	166,628
Time deposits	128,050	127,388
Total deposits	381,718	359,858
Securities sold under repurchase agreements	18,310	7,161
Federal Home Loan Bank advances	35,000	40,000
Subordinated debt, net of issuance costs	6,860	6,844
Other liabilities	3,117	2,864
Total liabilities	445,005	416,727
SHAREHOLDERS' EQUITY
Common stock ($5 par value; authorized - 30,000,000 shares; outstanding - 4,774,856 and 4,774,856 shares, respectively)	23,874	23,874
Additional paid-in capital	2,872	2,812
Retained earnings	16,194	13,659
Accumulated other comprehensive loss, net	(1,235)	(776)
Total shareholders' equity	41,705	39,569
Total liabilities and shareholders' equity	$ 486,710	$ 456,296

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Loans, allowance for loan losses		$ 3,863	$ 4,223
Common stock, par value		$ 5	$ 5
Common stock, authorized shares	[1]	30,000,000	30,000,000
Common stock, outstanding shares		4,774,856	4,774,856
[1]	On March 15, 2017, the Company's shareholders voted to increase the authorized shares. Refer to Note 26.

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
INTEREST INCOME
Loans, including fees	$ 16,388	$ 15,202
Securities:
Taxable	904	571
Tax-exempt	496	394
Federal funds sold	4	1
Interest-bearing deposit accounts	61	33
Certificates of deposit	83	52
Total interest income	17,936	16,253
INTEREST EXPENSE
Deposits	2,562	2,385
Federal funds purchased	2	6
Securities sold under repurchase agreements	15	12
Subordinated debt	472	279
FHLB advances	474	352
Total interest expense	3,525	3,034
Net interest income	14,411	13,219
Provision for loan losses	287	1,597
Net interest income after provision for loan losses	14,124	11,622
NON-INTEREST INCOME
Income from fiduciary activities	967	798
Service charges and fees on deposit accounts	890	917
VISA-related fees	168	217
Non-deposit product income	357	369
Other service charges and fees	611	553
Secondary market lending fees	765	551
Bank owned life insurance income	274	247
Net gains on sale of securities available for sale	435	42
Other real estate losses	(127)	(395)
Net (losses) gains on the disposal of fixed assets		(6)
Other income	270	66
Total non-interest income	4,610	3,359
NON-INTEREST EXPENSES
Salaries and employee benefits	7,799	8,001
Occupancy expense	1,793	1,819
Software maintenance	671	631
Bank franchise tax	295	219
VISA expense	100	135
Telephone expense	125	136
FDIC assessments	366	301
Foreclosure property expense	93	68
Consulting expense	282	303
Merger related expenses	575
Other expense	3,134	3,189
Total non-interest expenses	15,233	14,802
Income before income taxes	3,501	179
Income tax (benefit) expense	966	(187)
Net income	$ 2,535	$ 366
Basic Earnings Per Share
Average basic shares outstanding	4,774,856	4,791,722
Earnings per share, basic	$ 0.53	$ 0.08
Diluted Earnings Per Share
Average diluted shares outstanding	4,799,946	4,805,318
Earnings per share, diluted	$ 0.53	$ 0.08

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Net income	$ 2,535	$ 366
Unrealized gains (losses) on securities:
Net unrealized holding (losses) gains arising during the period	(515)	136
Deferred tax benefit (expense)	175	(46)
Reclassification of net securities gains and impairments recognized in net income	(435)	(42)
Deferred tax expense (benefit)	148	14
Unrealized (losses) gains adjustment, net of tax	(627)	62
Defined benefit plan:
Total other comprehensive (loss) income	(459)	145
Comprehensive income	2,076	511
Pension Plan, Defined Benefit
Defined benefit plan:
Net pension/post retirement gain (loss)	8	(98)
Deferred tax (expense) benefit	(3)	37
Reclassification expense	78	76
Deferred tax benefit	(26)	(29)
Defined benefit pension plan/ post retirement plan adjustment, net of tax	57	(14)
Other Postretirement Benefit Plan, Defined Benefit
Defined benefit plan:
Net pension/post retirement gain (loss)	169	147
Deferred tax (expense) benefit	(58)	(50)
Defined benefit pension plan/ post retirement plan adjustment, net of tax	$ 111	$ 97

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2014	$ 39,238	$ 24,089	$ 2,777	$ 13,293	$ (921)
Balance at beginning of period, Shares at Dec. 31, 2014		4,817,856
Net income	366			366
Other comprehensive (loss) income	145				145
Stock repurchase	(243)	$ (215)	(28)
Stock repurchase, Shares		(43,000)
Stock compensation expense	63		63
Balance at end of period at Dec. 31, 2015	$ 39,569	$ 23,874	2,812	13,659	(776)
Balance at end of period, Shares at Dec. 31, 2015	4,774,856	4,774,856
Net income	$ 2,535			2,535
Other comprehensive (loss) income	(459)				(459)
Stock compensation expense	60		60
Balance at end of period at Dec. 31, 2016	$ 41,705	$ 23,874	$ 2,872	$ 16,194	$ (1,235)
Balance at end of period, Shares at Dec. 31, 2016	4,774,856	4,774,856

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operating Activities
Net income	$ 2,535	$ 366
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	1,057	998
Net amortization and accretion of securities	424	389
Amortization of subordinated debt issuance costs	16	10
Provision for loan losses	287	1,597
Stock compensation expense	60	63
Deferred income tax benefit	(88)	(490)
Gain on securities available-for-sale	(435)	(42)
Increase in OREO valuation allowance	53	288
Loss on sale of other real estate	74	107
Net (losses) gains on the disposal of fixed assets		6
Mortgage servicing rights	(13)	(62)
Loan originations for sale	(22,399)	(14,317)
Loan sales	22,871	14,326
Gain on loans sold	(628)	(279)
Increase in cash surrender value of life insurance	(274)	(247)
Increase in accrued income and other assets	(147)	(477)
Increase in other liabilities	506	351
Net cash provided by operating activities	3,899	2,587
Cash Flows From Investing Activities
Proceeds from maturities and principal paydowns of available-for-sale securities	4,224	2,811
Proceeds from sales and calls of available-for-sale securities	19,509	13,540
Maturities of certificates of deposits	1,488	1,240
Purchase of bank owned life insurance	(2,000)
Purchases of available-for-sale securities	(21,727)	(35,066)
Sales (purchases) of restricted securities	82	(301)
Increase in federal funds sold	(2,079)	(152)
Proceeds from the sale of VISA loan portfolio	1,301
Loan (originations) and principal collections, net	(40,739)	(49,958)
Proceeds from sale of other real estate	342	805
Purchases of premises and equipment	(256)	(1,185)
Net cash used in investing activities	(39,855)	(68,266)
Cash Flows From Financing Activities
Increase in demand, savings, and other interest-bearing deposits	21,198	46,660
Net increase in time deposits	662	5,613
Repurchase of common stock		(243)
Net increase in securities sold under repurchase agreements	11,149	1,149
Issuance of subordinated debt, net		6,834
(Decrease) increase in Federal Home Loan Bank advances	(5,000)	5,000
Net cash provided by financing activities	28,009	65,013
Net decrease in cash and due from banks	(7,947)	(666)
Cash and due from banks at beginning of period	20,299	20,965
Cash and due from banks at end of period	12,352	20,299
Cash paid for:
Interest	3,538	2,864
Income taxes	470	812
Non-cash investing and financing:
Unrealized (loss) gain on investment securities	(950)	94
Change in fair value of pension and post-retirement obligation	255	125
Loans transferred to other real estate owned	1,943	460
Loans originated to facilitate sale of OREO	850	181
Changes in deferred taxes resulting from OCI transactions	236	$ (74)
Transfer of loans to held for sale	$ 1,173

Organization and Presentation

Organization and Presentation	12 Months Ended
	Dec. 31, 2016
Organization and Presentation	Note 1. Organization and Presentation Organization. The Bank of Lancaster (the “Bank”) is a state-chartered bank and a member of the Federal Reserve System. It serves businesses, professionals and consumers on the Northern Neck and Middle Peninsulas of Virginia and the Greater Richmond, Virginia market. The Bank has branch offices in the Virginia counties of Chesterfield, Henrico, Lancaster, Middlesex, Northumberland, Richmond, Westmoreland, and in the City of Richmond, Virginia. Each branch office offers a full range of deposit and loan products to its retail and commercial customers. A substantial amount of the Bank’s deposits are interest bearing. The majority of the Bank’s loan portfolio is secured by real estate. Bay Trust Company (the “Trust Company”) provides management services for personal and corporate trusts, including estate planning, estate settlement, and trust administration from its main office in Kilmarnock, Virginia. Products include revocable and irrevocable living trusts, testamentary trusts, custodial accounts, investment management accounts and managed, as well as self-directed, rollover Individual Retirement Accounts. Basis of Presentation. Certain amounts presented in the consolidated financial statements of prior periods have been reclassified to conform to the current year presentations. The reclassifications had no effect on net income, net income per share or shareholders’ equity as previously reported.

Proposed Business Combination

Proposed Business Combination	12 Months Ended
	Dec. 31, 2016
Proposed Business Combination	Note 2. Proposed Business Combination On November 2, 2016, the Company signed a definitive merger agreement with Virginia BanCorp a bank holding company conducting substantially all of its operations through its subsidiary Virginia Commonwealth Bank. Upon completion of the merger, the Company will be the surviving corporation and shareholders of Virginia BanCorp will receive 1.178 shares of the Company’s common stock for each share of Virginia BanCorp common stock they own. After the merger is completed, the Company’s current shareholders will own approximately 51% of the outstanding stock of the Company and Virginia BanCorp’s current shareholders will own approximately 49% of the outstanding stock of the Company. After the merger, banking operations will be consolidated and the Bank will operate as Virginia Commonwealth Bank. The merger is expected to be completed early in the second quarter of 2017, subject to approval of both companies’ shareholders, regulatory approvals, and other customary closing conditions. Regulatory approvals were received in February 2017 and the shareholders approved the merger in March 2017.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Significant Accounting Policies	Note 3. Significant Accounting Policies Use of estimates The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions. The amounts recorded in the consolidated financial statements may be affected by those estimates and assumptions. Actual results may vary from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the measurement of fair value of foreclosed real estate, deferred taxes, impairment testing of goodwill, projected pension and post-retirement obligations and fair value measurements. Cash and cash equivalents For purposes of the consolidated statements of cash flows, cash and cash equivalents include cash and balances due from banks, all of which mature within ninety days. Interest-bearing deposits in banks Interest-bearing deposits in banks are carried at cost, which mature within one year, and include deposits with the Federal Reserve Bank of Richmond. Securities Investments in debt and equity securities with readily determinable fair values are classified as either held to maturity, available-for-sale, available-for-sale. available-for-sale Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if (i) there is evidence of credit related impairment; (ii) the Company intends to sell the security or (iii) it is more-likely-than-not more-likely-than-not Securities sold under repurchase agreements Securities sold under repurchase agreements, which are classified as secured borrowings, generally mature within one year from the transaction date. Securities sold under repurchase agreements are reflected at the amount of cash received in connection with the transaction. The Company is required to provide collateral based on the value of the underlying cash. 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, 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. 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 Troubled debt restructuring (“TDR”) In some situations, for economic or legal reasons related to a borrower’s financial condition, management may grant a concession to a borrower that it would not otherwise consider. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal, the related loan is classified as a troubled debt restructuring. Management strives to identify borrowers in financial difficulty early and work with them to modify their loan to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. Management measures all TDRs for impairment as noted below for impaired loans. 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 homogenous segment and class of the portfolio, plus any loans analyzed individually for impairment. Depending on the nature of each segment and class, considerations include historical loss experience, adverse situations that may affect a borrower’s ability to repay, credit scores, past due history, 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 conditions change. 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 TDRs. 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 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 The general component of the ALL calculation collectively evaluates groups of loans in segments and 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); 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 have historically included credit cards, which are unsecured. The credit card portfolio was sold to an unaffiliated third party in the third quarter of 2016. 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 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. Premises and equipment, net Land is carried at cost. Premises and equipment are carried at cost less accumulated depreciation. Depreciation is computed by the straight-line method over the estimated useful lives of the premises and equipment. Estimated useful lives range from 10-40 3-10 Other real estate owned, net Real estate properties acquired through, or in lieu of, loan foreclosure are marketed for sale and are initially recorded at the lesser of the fair value on the date of foreclosure less estimated selling costs or carrying value of the loan. After acquisition, management acquires new valuations at least every two years. Revenue and expenses related to the operation or maintenance of foreclosed properties are included in expenses from foreclosed assets and changes in the valuation allowance are included in other real estate gains (losses). Goodwill Goodwill is related to unidentifiable intangible assets arising from the acquisition of five branches during the years 1994 through 2000. Goodwill is tested annually for impairment. If impairment exists, the amount of impairment would result in a charge to expense. Income taxes Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not The Company evaluates its deferred tax assets quarterly to determine if those assets will be recovered and if a valuation allowance is needed. At December 31, 2016, the Company determined no valuation allowance related to its deferred tax assets was necessary. Pension benefits The Company has a non-contributory Postretirement benefits The Company provides certain health care benefits for all retired employees who meet eligibility requirements. Trust assets and income Customer assets held by the Trust Company, other than cash on deposit at the Bank, are not included in these financial statements, since such items are not assets of the Bank or the Trust Company. Trust fees are recorded on the accrual basis. Earnings per share Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued by the Company relate solely to outstanding stock options. Refer to Note 20. Off-balance-sheet In the ordinary course of business, the Company enters into off-balance-sheet Significant group concentration of credit risk Most of the Company’s business activity is with customers located in the Virginia counties of Lancaster, Northumberland, Richmond, Westmoreland, Middlesex, Chesterfield, Henrico and the City of Richmond, Virginia. The Company makes residential, commercial and consumer loans and a significant amount of the loan portfolio is comprised of real estate mortgage loans, which are secured primarily by single-family residences. The adequacy of collateral on real estate mortgage loans is highly dependent on changes in real estate values. Advertising Advertising costs are expensed as incurred and totaled $197 thousand and $213 thousand for the years ended December 31, 2016 and 2015, respectively. Comprehensive income Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains or losses on securities available-for-sale Fair value of financial instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 22. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect the estimates. Transfers of financial assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from the Company – put presumptively beyond reach of the transferor and its creditors, even in bankruptcy or other receivership; (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets. Stock-based compensation plans Authoritative accounting guidance requires companies to recognize the cost of employee services received in exchange for awards of equity instruments, such as stock options and restricted stock, based on the fair value of those awards at the date of grant. This cost is recognized over the vesting period of the respective awards. Reclassifications Prior to January 1, 2016, the Company included its investments in certificates of deposit on the consolidated balance sheets in securities available-for available-for-sale available-for-sale Recent Accounting Pronouncements. In January 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-03, 2017-03 In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), off-balance held-to-maturity 2016-13 available-for-sale available-for-sale available-for-sale 2016-13 non-accrual In March 2016, the FASB issued ASU 2016-09, “ Compensation – Stock Compensation (Topic 718): Improvements to Employee Shares-Based Payment Accounting. ” 2016-09 In February 2016, the FASB issued ASU 2016-02. 2016-02 2016-02 In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall 825-10) available-for-sale available-for 2016-01. 2016-01 In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis 2a-7 2015-02 In January 2015, the FASB issued ASU 2015-01, Income Statement – Extraordinary and Unusual Items 2015-01 2015-01 In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers 2014-09 2014-09 2014-09. 2014-09. 2014-09

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2016
Goodwill	Note 4. Goodwill The Company has goodwill relating to the purchase of five branches during the years 1994 through 2000. The balance of the goodwill at both December 31, 2016 and 2015, as reflected on the consolidated balance sheets, was $2.8 million. Management determined that these purchases qualified as acquisitions of businesses and that the related unidentifiable intangibles were goodwill. Goodwill is tested annually for impairment. The test performed using financial information as of September 30, 2016 found no impairment. No events occurred between the date of the annual test and December 31, 2016 that would indicate the existence of impairment.

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2016
Investment Securities	Note 5. Investment Securities The aggregate amortized cost and fair values of the available-for-sale (Dollars in thousands) Gross Gross Available-for-sale Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains (Losses) Value Corporate bonds $ 7,695 $ 14 $ (5 ) $ 7,704 U.S. Government agencies 25,668 53 (408 ) 25,313 State and municipal obligations 18,566 49 (459 ) 18,156 $ 51,929 $ 116 $ (872 ) $ 51,173 Gross Gross Available-for-sale Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains (Losses) Value Corporate bonds $ 3,950 $ — $ (5 ) $ 3,945 U.S. Government agencies 21,375 69 (156 ) 21,288 State and municipal obligations 28,599 313 (55 ) 28,857 $ 53,924 $ 382 $ (216 ) $ 54,090 The cost of securities sold is based on actual net cost. Gross realized gains and gross realized losses, as well as proceeds on sales and calls of securities, were as follows: For the years ended December 31, (Dollars in thousands) 2016 2015 Gross realized gains $ 445 $ 68 Gross realized losses (10 ) (26 ) Net realized gains $ 435 $ 42 Aggregate proceeds $ 19,509 $ 13,540 The aggregate amortized cost and market values of the investment securities portfolio by contractual maturity at December 31, 2016 are shown below: (Dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 52 $ 52 Due after one year through five years 28,093 27,865 Due after five through ten years 17,952 17,530 Due after ten years 5,832 5,726 $ 51,929 $ 51,173 Average yields (taxable equivalent) on securities were 3.09% and 2.55% for the years ended December 31, 2016 and 2015, respectively. Securities with a market value of $19.1 million and $8.6 million at December 31, 2016 and 2015, respectively, were pledged as collateral for repurchase agreements and for other purposes as required by law. As of December 31, 2016 and 2015, 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 $18.3 million and $7.2 million as of December 31, 2016 and December 31, 2015, 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 December 31, 2016 and 2015, 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. The corporate bonds are subordinated debt notes issued by financial institutions. Management does not intend to sell the securities and does not expect to be required to sell the securities. All amortized cost bases are expected to be recovered. Bonds with unrealized loss positions at December 31, 2016 included 37 federal agencies, one corporate bond and 39 municipals. Bonds with unrealized loss positions at December 31, 2015 included five federal agencies, one corporate bond and 17 municipals. (Dollars in thousands) Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Value Loss Value Loss Value Loss Corporate bonds $ 995 $ (5 ) $ — $ — $ 995 $ (5 ) U.S. Government agencies 20,933 (396 ) 1,308 (12 ) 22,241 (408 ) States and municipal obligations 12,888 (459 ) — — 12,888 (459 ) Total temporarily impaired securities $ 34,816 $ (860 ) $ 1,308 $ (12 ) $ 36,124 $ (872 ) Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Loss Value Loss Value Loss Corporate bonds $ 495 $ (5 ) $ — $ — $ 495 $ (5 ) U.S. Government agencies 13,871 (141 ) 1,619 (15 ) 15,490 (156 ) States and municipal obligations 2,566 (17 ) 3,281 (38 ) 5,847 (55 ) Total temporarily impaired securities $ 16,932 $ (163 ) $ 4,900 $ (53 ) $ 21,832 $ (216 ) The Company’s investment in Federal Home Loan Bank of Atlanta (“FHLB”) stock totaled $1.9 million and $2.0 million at December 31, 2016 and December 31, 2015, respectively, and are included in restricted securities on the consolidated balance sheets. The Company also had an investment in Federal Reserve Bank of Richmond (“FRB”) stock which totaled $580 thousand and $505 thousand at December 31, 2016 and December 31, 2015. 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	12 Months Ended
	Dec. 31, 2016
Loans	Note 6. Loans The following is a summary of the balances of loans: (Dollars in thousands) December 31, 2016 December 31, 2015 Mortgage loans on real estate: Construction, Land and Land Development $ 39,818 $ 42,129 Farmland 1,023 1,030 Commercial Mortgages (Non-Owner 35,343 29,086 Commercial Mortgages (Owner Occupied) 41,825 43,956 Residential First Mortgages 194,007 164,405 Residential Revolving and Junior Mortgages 26,425 26,497 Commercial and Industrial loans 43,024 35,104 Consumer Loans 3,544 5,015 Total loans 385,009 347,222 Net unamortized deferred loan costs 391 324 Allowance for loan losses (3,863 ) (4,223 ) Loans, net $ 381,537 $ 343,323 The recorded investment in past due and non-accruing (Dollars in thousands) 30-89 Days 90 Days or More Past Due and Total Past Due and Total December 31, 2016 Past Due Still Accruing Nonaccruals Nonaccruals Current Loans Mortgage Loans on Real Estate: Construction, Land and Land Development $ — $ — $ 623 $ 623 $ 39,195 $ 39,818 Farmland 57 — — 57 966 1,023 Commercial Mortgages (Non-Owner — — — — 35,343 35,343 Commercial Mortgages (Owner Occupied) 188 — 2,270 2,458 39,367 41,825 Residential First Mortgages 1,546 — 2,155 3,701 190,306 194,007 Residential Revolving and Junior Mortgages 480 — 160 640 25,785 26,425 Commercial and Industrial 408 — 92 500 42,524 43,024 Consumer Loans — — — — 3,544 3,544 Total $ 2,679 $ — $ 5,300 $ 7,979 $ 377,030 $ 385,009 December 31, 2015 30-89 90 Days or Nonaccruals Total Past Current Total Mortgage Loans on Real Estate: Construction, Land and Land Development $ 93 $ — $ 672 $ 765 $ 41,364 $ 42,129 Farmland — — — — 1,030 1,030 Commercial Mortgages (Non-Owner 264 — — 264 28,822 29,086 Commercial Mortgages (Owner Occupied) 133 — 2,350 2,483 41,473 43,956 Residential First Mortgages 1,304 — 2,841 4,145 160,260 164,405 Residential Revolving and Junior Mortgages 70 — 277 347 26,150 26,497 Commercial and Industrial 10 — 285 295 34,809 35,104 Consumer Loans 32 11 8 51 4,964 5,015 Total $ 1,906 $ 11 $ 6,433 $ 8,350 $ 338,872 $ 347,222

Allowance for Loan Losses

Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2016
Allowance for Loan Losses	Note 7. Allowance for Loan Losses A disaggregation of and an analysis of the change in the allowance for loan losses by segment is shown below. (Dollars in thousands) For the Twelve Months Ended December 31, 2016 Mortgage Commercial Consumer Total Beginning Balance $ 3,502 $ 599 $ 122 $ 4,223 Reclassification of allowance related to sold loans — — (27 ) (27 ) (Charge-offs) (735 ) (158 ) (53 ) (946 ) Recoveries 254 61 11 326 Provision (recovery) 297 (9 ) (1 ) 287 Ending Balance $ 3,318 $ 493 $ 52 $ 3,863 Individually evaluated for impairment $ 803 $ 92 $ — $ 895 Collectively evaluated for impairment 2,515 401 52 2,968 (Dollars in thousands) For the Twelve Months Ended December 31, 2015 Mortgage Commercial Consumer Total Beginning Balance $ 2,778 $ 323 $ 104 $ 3,205 (Charge-offs) (521 ) (9 ) (128 ) (658 ) Recoveries 27 — 52 79 Provision 1,218 285 94 1,597 Ending Balance $ 3,502 $ 599 $ 122 $ 4,223 Individually evaluated for impairment $ 1,256 $ 278 $ — $ 1,534 Collectively evaluated for impairment 2,246 321 122 2,689 Loan receivables evaluated for impairment individually and collectively by segment as of December 31, 2016 and 2015 are as follows: Mortgage Commercial Consumer (Dollars in thousands) Loans and and Other As of December 31, 2016 on Real Estate Industrial Loans Total Individually evaluated for impairment $ 10,323 $ 92 $ — $ 10,415 Collectively evaluated for impairment 328,118 42,932 3,544 374,594 Total Gross Loans $ 338,441 $ 43,024 $ 3,544 $ 385,009 As of December 31, 2015 Individually evaluated for impairment $ 10,542 $ 284 $ — $ 10,826 Collectively evaluated for impairment 296,561 34,820 5,015 336,396 Total Gross Loans $ 307,103 $ 35,104 $ 5,015 $ 347,222 Internal risk rating grades are shown in the following table. Construction, Commercial Commercial Land and Mortgages Mortgages Commercial ( Dollars in thousands) Land (Non-Owner (Owner and As of December 31, 2016 Development Farmland Occupied) Occupied) Industrial Total Grade: Pass $ 32,009 $ 1,023 $ 30,639 $ 31,191 $ 40,841 $ 135,703 Watch 5,795 — 4,184 6,652 1,891 18,522 Special mention 180 — 272 1,453 125 2,030 Substandard 1,834 — 248 2,529 167 4,778 Doubtful — — — — — — Total $ 39,818 $ 1,023 $ 35,343 $ 41,825 $ 43,024 $ 161,033 Construction , Commercial Commercial Land and Mortgages Mortgages Commercial Land (Non-Owner (Owner and As of December 31, 2015 Development Farmland Occupied) Occupied) Industrial Total Grade: Pass $ 34,692 $ 1,030 $ 24,258 $ 33,023 $ 29,383 $ 122,386 Watch 5,337 — 4,564 4,968 5,202 20,071 Special mention 1,119 — — 2,687 148 3,954 Substandard 981 — 264 3,278 371 4,894 Doubtful — — — — — — Total $ 42,129 $ 1,030 $ 29,086 $ 43,956 $ 35,104 $ 151,305 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 Residential (Dollars in thousands) Residential Revolving As of December 31, 2016 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (1) Mortgages (2) Loans (3) Total Performing $ 191,852 $ 26,265 $ 3,544 $ 221,661 Nonperforming 2,155 160 — 2,315 Total $ 194,007 $ 26,425 $ 3,544 $ 223,976 Residential Residential Revolving As of December 31, 2015 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (4) Mortgages (5) Loans (6) Total Performing $ 161,564 $ 26,220 $ 4,996 $ 192,780 Nonperforming 2,841 277 19 3,137 Total $ 164,405 $ 26,497 $ 5,015 $ 195,917 Notes: (1) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016. (3) No Consumer Loans have been assigned a risk rating grade of Substandard as of December 31, 2016. (4) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.9 million as of December 31, 2015. (5) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $372 thousand as of December 31, 2015. (6) No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2015. 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 December 31, 2016 and 2015, along with the average recorded investment and interest income recognized for the years ended December 31, 2016 and 2015. (Dollars in thousands) As of December 31, 2016 As of December 31, 2015 IMPAIRED LOANS With no related allowance: Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related Construction, Land and Land Development $ 1,531 $ 1,539 $ — $ 445 $ 451 $ — Residential First Mortgages 2,112 2,176 — 3,130 3,166 — Residential Revolving and Junior Mortgages (1) 995 999 — 233 233 — Commercial Mortgages (Non-owner 248 248 — 264 264 — Commercial Mortgages (Owner occupied) 1,860 2,178 — 1,352 1,390 — Commercial and Industrial — — — — — — 6,746 7,140 — 5,424 5,504 — With an allowance recorded: Construction, Land and Land Development 243 286 145 262 290 120 Residential First Mortgages 1,951 1,951 367 2,507 2,507 308 Residential Revolving and Junior Mortgages (1) 544 546 199 258 259 150 Commercial Mortgages (Non-owner — — — — — — Commercial Mortgages (Owner occupied) 839 854 92 2,091 2,348 678 Commercial and Industrial 92 101 92 284 285 278 3,669 3,738 895 5,402 5,689 1,534 Total Impaired Loans: Construction, Land and Land Development 1,774 1,825 145 707 741 120 Residential First Mortgages 4,063 4,127 367 5,637 5,673 308 Residential Revolving and Junior Mortgages (1) 1,539 1,545 199 491 492 150 Commercial Mortgages (Non-owner 248 248 — 264 264 — Commercial Mortgages (Owner occupied) 2,699 3,032 92 3,443 3,738 678 Commercial and Industrial 92 101 92 284 285 278 $ 10,415 $ 10,878 $ 895 $ 10,826 $ 11,193 $ 1,534 Notes: (1) Junior mortgages include equity lines. For the Year Ended For the Year Ended December 31, 2016 December 31, 2015 (Dollars in thousands) With no related allowance: Average Interest Average Interest Construction, Land and Land Development $ 1,316 $ 55 $ 448 $ — Residential First Mortgages 1,956 14 2,077 74 Residential Revolving and Junior Mortgages (1) 808 38 87 5 Commercial Mortgages (Non-owner 251 15 264 16 Commercial Mortgages (Owner occupied) 1,858 27 1,099 28 Commercial and Industrial — — — — 6,189 149 3,975 123 With an allowance recorded: Construction, Land and Land Development 253 5 270 5 Residential First Mortgages 1,956 90 1,900 90 Residential Revolving and Junior Mortgages (1) 218 9 204 11 Commercial Mortgages (Non-owner — — — — Commercial Mortgages (Owner occupied) 819 22 1,343 39 Commercial and Industrial 103 1 130 2 3,349 127 3,847 147 Total Construction, Land and Land Development 1,569 60 718 5 Residential First Mortgages 3,912 104 3,977 164 Residential Revolving and Junior Mortgages (1) 1,026 47 291 16 Commercial Mortgages (Non-owner 251 15 264 16 Commercial Mortgages (Owner occupied) 2,677 49 2,442 67 Commercial and Industrial 103 1 130 2 $ 9,538 $ 276 $ 7,822 $ 270 Notes: (1) Junior mortgages include equity lines. Smaller non-accruing non-accruing non-accruing non-accruing 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 years ended December 31, 2016 and 2015. For the Year Ended For the Year Ended December 31, 2016 December 31, 2015 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post- Number of Pre-Modification Post- Residenital first mortages (2)(1) 1 $ 244 $ 244 2 $ 988 $ 986 Commercial mortgages (Owner occupied) (2) — — — 1 105 124 Notes: (1) Modifications were an extention of the loan terms. (2) Modifications were capitalization of the interest. For the Year Ended For the Year Ended TROUBLED DEBT RESTRUCTURINGS THAT SUBSEQUENTLY DEFAULTED Number of Recorded Number of Recorded Commerical mortgages (Owner occupied) — — 1 $ 124 Of the TDRs restructured in 2016 and 2015 which did not subsequently default, all are performing. The loan that defaulted in 2015 was charged-off.

Other Real Estate Owned, Net

Other Real Estate Owned, Net	12 Months Ended
	Dec. 31, 2016
Other Real Estate Owned, Net	Note 8. Other Real Estate Owned, Net Other real estate owned (“OREO”) is presented net of a valuation allowance for losses. An analysis of the valuation allowance on OREO is shown below. Years ended December 31, (Dollars in thousands) 2016 2015 Balance, beginning of year $ 621 $ 626 Provision for losses 53 288 Charge-offs (201 ) (293 ) Balance, end of period $ 473 $ 621 Expenses applicable to OREO include the following: Years ended December 31, (Dollars in thousands) 2016 2015 Net loss on sales of real estate $ 74 $ 107 Provision for losses 53 288 Operating expenses, net of income 93 68 Total expenses $ 220 $ 463 The following table details the properties included in OREO as of December 31, 2016 and December 31, 2015. There were no collateralized consumer residential mortgage loans in the process of foreclosure as of December 31, 2016. As of December 31, 2016 As of December 31, 2015 No. of Carrying No. of Carrying (Dollars in thousands) Properties Value Properties Value Residential 2 $ 891 3 $ 540 Land lots 7 547 7 413 Convenience store 1 59 2 191 Restaurant 1 55 1 55 Commerical properties 3 942 3 671 Total 14 $ 2,494 16 $ 1,870 Included in other assets as of December 31, 2016 and 2015, is one residential property purchased in 2013 from a related party with a value of $708 thousand and a former branch, which was closed April 30, 2015, with a value of $403 thousand.

Premises and Equipment, net

Premises and Equipment, net	12 Months Ended
	Dec. 31, 2016
Premises and Equipment, net	Note 9. Premises and Equipment, net Components of premises and equipment included in the balance sheets at December 31, 2016 and 2015 were as follows: (Dollars in thousands) 2016 2015 Land and improvements $ 2,350 $ 2,350 Buildings and improvements 12,221 12,232 Furniture and equipment 10,323 10,069 Total cost 24,894 24,651 Less accumulated depreciation (14,050 ) (13,005 ) Premises and equipment, net $ 10,844 $ 11,646 Depreciation expense for the years ended December 31, 2016 and 2015 totaled $1.1 million and $998 thousand, respectively.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2016
Deposits	Note 10. Deposits The aggregate amount of time deposits in denominations of $250,000 or more at December 31, 2016 and 2015 was $19.2 million and $20.3 million, respectively. At December 31, 2016, the scheduled maturities of time deposits are as follows (in thousands): 2017 $ 21,234 2018 34,783 2019 17,929 2020 39,028 2021 15,076 Thereafter — $ 128,050 At December 31, 2016 and 2015, overdraft demand deposits reclassified to loans totaled $51 thousand and $56 thousand, respectively. At December 31, 2016 and 2015, the Company had wholesale deposits of $8.5 million and $15.5 million, respectively.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2016
Employee Benefit Plans	Note 11. Employee Benefit Plans The Company has a non-contributory, The Company sponsors a postretirement 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 postretirement benefit plan provides coverage toward a retiree’s eligible medical and life insurance benefits expenses. The following tables provide the reconciliation of changes in the benefit obligations and fair value of assets and a statement of funded status for the pension plan and postretirement plan of the Company. Pension Benefits Postretirement Benefits (Dollars in thousands) 2016 2015 2016 2015 Change in benefit obligation Benefit obligation, beginning of year $ 3,488 $ 3,546 $ 668 $ 771 Service cost — — 22 23 Interest cost 134 131 28 30 Actuarial loss (gain) 17 (104 ) (170 ) (147 ) Benefit payments (279 ) (85 ) (8 ) (9 ) Settlement loss 38 — — — Benefit obligation, end of year 3,398 3,488 540 668 Change in plan assets Fair value of plan assets, beginning of year 2,806 2,897 — — Actual return on plan assets 163 (6 ) — — Employer contributions — — 8 9 Benefits payments (279 ) (85 ) (8 ) (9 ) Fair value of plan assets, end of year 2,690 2,806 — — Funded status at the end of the year $ (708 ) $ (682 ) $ (540 ) $ (668 ) Amounts recognized in accumulated other comprehensive loss (income) Net loss (gain) $ 1,316 $ 1,402 $ (234 ) $ (65 ) Prior service cost — — — — Net obligation at transition — — — — Amount recognized $ 1,316 $ 1,402 $ (234 ) $ (65 ) Components of net periodic benefit cost (gain) Service cost $ — $ — $ 22 $ 23 Interest cost 134 131 28 30 Expected (return) on plan assets (189 ) (196 ) — — Amortization of prior service cost — — — — Amortization of net obligation at transition — — — — Recognized net loss due to settlement 90 — — — Recognized net actuarial loss 77 76 — — Net periodic benefit (gain) cost 112 11 50 53 Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss Net (gain) loss (86 ) 22 (170 ) (147 ) Amortization of prior service cost — — — — Amortization of net obligation at transition — — — — Total recognized in other comprehensive loss/(income) (86 ) 22 (170 ) (147 ) Total recognized in net periodic benefit cost and other comprehensive loss/(income) $ 26 $ 33 $ (120 ) $ (94 ) 2016 2015 2016 2015 Weighted-average assumptions as of December 31: Discount rate used for Net Periodic Pension Cost 4.25 % 4.00 % 4.25 % 4.00 % Discount Rate used for Disclosure 4.00 % 4.25 % 4.00 % 4.25 % Expected return on plan assets 7.50 % 7.50 % N/A N/A Rate of compensation increase N/A N/A N/A N/A Rate of compensation increase for net periodic pension cost N/A N/A N/A N/A Expected future interest crediting rate 3.00 % 3.00 % N/A N/A The accumulated benefit obligation for the cash balance pension plan was $3.4 million and $3.5 million at December 31, 2016 and 2015, respectively. Estimated future benefit payments for the pension and postretirement plans are as follows (in thousands): Pension Postretirement 2017 $ 523 $ 11 2018 38 12 2019 358 15 2020 380 17 2021 228 19 2022 through 2026 1,228 127 Long-term rate of return. Because assets are held in a qualified trust, anticipated returns are not reduced for taxes. Further, solely for this purpose, the plan is assumed to continue in force and not terminate during the period during which assets are invested. However, consideration is given to the potential impact of current and future investment policy, cash flow into and out of the trust, and expenses (both investment and non-investment) The fair value of the Company’s pension plan assets by asset category are as follows: (Dollars in thousands) Fair Value Measurements at December 31, 2016 Using Description Balance Level 1 Level 2 Level 3 Defined benefit plan assets: Mutual funds - fixed income $ 1,041 $ 1,041 $ — $ — Mutual funds - equity 1,649 1,649 — — Total defined benefit plan assets $ 2,690 $ 2,690 $ — $ — Fair Value Measurements at December 31, 2015 Using Description Balance Level 1 Level 2 Level 3 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,119 1,119 — — Mutual funds - equity 1,684 1,684 — — Total defined benefit plan assets $ 2,806 $ 2,806 $ — $ — The trust fund is sufficiently diversified to maintain a reasonable level of risk without imprudently sacrificing return, with a targeted asset allocation of 40% fixed income and 60% equities. The investment manager of the fund selects investment fund managers with demonstrated experience and expertise, and funds with demonstrated historical performance, for the implementation of the plan’s investment strategy. The investment manager will consider both actively and passively managed investment strategies and will allocate funds across the asset classes to develop an efficient investment structure. It is the responsibility of the trustee to administer the investments of the trust within reasonable costs, being careful to avoid sacrificing quality. These costs include, but are not limited to, management and custodial fees, consulting fees, transaction costs and other administrative costs chargeable to the trust. In November 2015, the Company announced a voluntary early retirement plan to employees over 55 years of age and with a minimum of 10 years of service. There were five employees who elected to participate in the plan with a total cost of $134 thousand recognized during 2015. The Company expects to make no contributions to its pension plan for the 2017 plan year. Postretirement benefits plan. 401(k) retirement plan.

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2016
Financial Instruments with Off-Balance Sheet Risk	Note 12. Financial Instruments with Off-Balance In the normal course of business, the Company offers various financial products to its customers to meet their credit and liquidity needs. These instruments involve elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit written is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance Subject to its normal credit standards and risk monitoring procedures, the Company makes contractual commitments to extend credit. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments may expire without being completely drawn upon, the total commitment amounts do not necessarily represent future cash requirements. At December 31, 2016 and 2015, the Company had outstanding loan commitments approximating $38.2 million and $42.7 million, respectively. Conditional commitments are issued by the Company in the form of performance stand-by stand-by

Restrictions on Cash and Due fr

Restrictions on Cash and Due from Banks	12 Months Ended
	Dec. 31, 2016
Restrictions on Cash and Due from Banks	Note 13. Restrictions on Cash and Due from Banks The Board of Governors of the Federal Reserve System (the “Federal Reserve”) requires banks to maintain cash reserves against certain categories of deposit liabilities. As of both December 31, 2016 and 2015, the aggregate amount of daily average required reserves for the final weekly reporting period was $25 thousand.

Other Borrowings

Other Borrowings	12 Months Ended
	Dec. 31, 2016
Other Borrowings	Note 14. Other Borrowings Securities sold under repurchase agreements were $18.3 million and $7.2 million as of December 31, 2016 and December 31, 2015, respectively, and included in liabilities on the consolidated balance sheets. Securities sold under agreements to repurchase are secured transactions with customers, generally mature the day following the day sold and can be changed at the option of the Bank with minimal risk of loss due to fair value. During 2016 and 2015, the average rates of the repurchase agreements were 0.16% and 0.15%, respectively. Unused lines of credit with nonaffiliated banks, excluding FHLB, totaled $21.5 million at both December 31, 2016 and 2015. Draws upon these lines have time limits varying from two to four consecutive weeks. The banks providing these lines can change the interest rates on these lines daily. The lines renew annually and are tested periodically each year.

Debt

Debt	12 Months Ended
	Dec. 31, 2016
Debt	Note 15. Debt As of December 31, 2016 and December 31, 2015, the Bank had $35 million and $40 million of outstanding FHLB debt, respectively, consisting of five and seven advances, respectively. Three advances for $5.0 million each that matured in February 2016, April 2016 and September 2016 were repaid. The fixed rate advance that matured in October 2016 was replaced with a three month 0.49% fixed rate advance for $5.0 million. A new advance for $10.0 million was drawn in December 2016 with a two month 0.67% fixed rate maturing in February 2017. The $5.0 million advance that matured in January 2017 was replaced with an 11 month 0.995% fixed rate advance. The advance maturing in February 2017 was replaced with a three month 0.79% fixed rate advance. Two new fixed rate advances of $5.0 million each have been drawn thus far in 2017. The five advances are shown in the following table. Current Maturity Description Balance Originated Interest Rate Date Adjustable Rate Hybrid $ 10,000,000 4/12/2013 3.25750 % 4/13/2020 Fixed Rate Credit 10,000,000 12/30/2016 0.67000 % 2/28/2017 Fixed Rate Credit 5,000,000 10/20/2016 0.49000 % 1/20/2017 Fixed Rate Credit 5,000,000 12/21/2015 0.99000 % 6/15/2017 Fixed Rate Credit 5,000,000 12/22/2015 1.08000 % 9/15/2017 $ 35,000,000 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 December 31, 2016, was $74.9 million against a total line of credit of $115.9 million. As of December 31, 2016 and December 31, 2015, the Company had $35.0 million and $40.0 million, respectively, in FHLB debt outstanding with a weighted average interest rate of 1.49% and 1.17%, respectively. Subordinated Debt On May 28, 2015, the Company entered into a 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 Balance as of December 31, 2016 December 31, 2015 6.5% Subordinated Debt $ 7,000 $ 7,000 Less: Issuance costs (140 ) (156 ) $ 6,860 $ 6,844

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Taxes	Note 16. Income Taxes The Company files income tax returns in the U.S. federal jurisdiction and the Commonwealth of Virginia. The Commonwealth of Virginia does not charge an income tax for regulated banking institutions. The expense (benefit) for income taxes consisted of the following (in thousands): Year ended December 31, 2016 2015 Current $ 1,054 $ 303 Deferred (88 ) (490 ) $ 966 $ (187 ) The reasons for the differences between the statutory Federal income tax rates and the effective tax rates are summarized as follows: 2016 2015 Statutory rate 34.0 % 34.0 % Increase (decrease) resulting from: Tax exempt interest -6.1 % -116.9 % Bank owned life insurance -2.7 % -46.9 % Merger costs 2.5 % — Other, net -0.1 % 25.3 % 27.6 % -104.5 % The components of the net deferred tax assets and liabilities included in other assets are as follows (in thousands): December 31, 2016 2015 Deferred tax assets Allowance for loan losses $ 908 $ 985 Interest on non-accrual 130 89 Other real estate 446 419 Pension plan 242 233 Postretirement benefits 184 227 Unrealized losses (gains) on available-for-sale 268 (55 ) Deferred compensation 191 162 Stock-based compensation 30 31 Other 27 20 Total deferred tax assets 2,426 2,111 Deferred tax liabilities Depreciation (126 ) (171 ) Amortization of goodwill (955 ) (955 ) Net deferred loan fees and costs (133 ) (110 ) Other (58 ) (64 ) Total deferred tax (liabilities) (1,272 ) (1,300 ) Net deferred tax assets $ 1,154 $ 811

Regulatory Requirements and Res

Regulatory Requirements and Restrictions	12 Months Ended
	Dec. 31, 2016
Regulatory Requirements and Restrictions	Note 17. Regulatory Requirements and Restrictions The Company (on a consolidated basis) and Bank are subject to various regulatory capital requirements administered by the Commonwealth of Virginia and Federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company and Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet Quantitative measures established by regulation to ensure capital adequacy required the Company and the Bank during 2016 to maintain minimum amounts and ratios (set forth in the table below) of total common equity Tier 1 and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). Management believes that as of December 31, 2016 and 2015, the Company and the Bank met all capital adequacy requirements to which they were subject. As of December 31, 2016, the most recent notification from the Federal Reserve categorized the Bank as well capitalized under the framework for prompt corrective action. To be categorized as well capitalized on such date, an institution must maintain minimum total risk-based, common equity Tier 1 risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the Bank’s category. In July 2013, the Federal Reserve 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 which began on 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 as of 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 December 31, 2016 and December 31, 2015, are presented in the following tables: Minimum Minimum To Be Well Actual Capital Requirement Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2016: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 51,810 15.02 % $ 27,600 8.00 % N/A N/A Bank of Lancaster 46,977 13.69 % 27,460 8.00 % $ 34,325 10.0 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 41,087 11.91 % 20,700 6.00 % N/A N/A Bank of Lancaster 43,114 12.56 % 20,595 6.00 % $ 27,460 8.0 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated 41,087 11.91 % 15,525 4.50 % N/A N/A Bank of Lancaster 43,114 12.56 % 15,446 4.50 % $ 22,311 6.5 % Tier 1 Capital (to Average Assets) Consolidated 41,087 8.66 % 18,967 4.00 % N/A N/A Bank of Lancaster 43,114 9.18 % 18,793 4.00 % $ 23,491 5.0 % Minimum Minimum To Be Well Prompt Corrective Actual Capital Requirement Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 49,305 15.54 % $ 25,380 8.00 % N/A N/A Bank of Lancaster 42,923 13.64 % 25,176 8.00 % $ 31,471 10.0 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,492 12.13 % 19,035 6.00 % N/A N/A Bank of Lancaster 38,986 12.39 % 18,882 6.00 % $ 25,176 8.0 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,492 12.13 % 14,276 4.50 % N/A N/A Bank of Lancaster 38,986 12.39 % 14,162 4.50 % $ 20,456 6.5 % Tier 1 Capital (to Average Assets) Consolidated 38,492 8.84 % 17,420 4.00 % N/A N/A Bank of Lancaster 38,986 9.11 % 17,125 4.00 % $ 21,406 5.0 % 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.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	12 Months Ended
	Dec. 31, 2016
Employee Stock Ownership Plan	Note 18. Employee Stock Ownership Plan The Company has a noncontributory Employee Stock Ownership Plan (“ESOP”) for the benefit of all eligible employees who have completed twelve months of service and who have attained the age of 21 years. Contributions to the plan are at the discretion of the Company’s Board of Directors. Contributions are allocated proportionately based on the covered compensation of each participant compared to the aggregate covered compensation of all participants for the plan year. Allocations are limited to 25% of eligible participant compensation. Participant accounts are 30% vested after two years, 40% vested after three years with vesting increasing 20% each year thereafter, until 100% vested. The plan had 113,161 allocated shares as of December 31, 2016. Contributions to the plan were $67 thousand and $50 thousand in 2016 and 2015, respectively. There were no dividends on the Company’s stock held by the ESOP in 2016 and 2015. Shares held by the ESOP are considered outstanding for purposes of computing earnings per share.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	12 Months Ended
	Dec. 31, 2016
Stock-Based Compensation Plans	Note 19. Stock-Based Compensation Plans On June 28, 2013, the Company registered a new stock-based compensation plan with the Securities and Exchange Commission, which suspended all other plans. There are 338,209 shares available for grant under this plan at December 31, 2016. Unissued shares are generally used for exercises of stock options and restricted stock grants. Stock-based compensation expense related to stock awards during 2016 and 2015 was $60 thousand and $63 thousand, respectively. There was no unrecognized compensation expense related to stock options as of December 31, 2016. A total of 29,500 options and 28,500 options were granted and vested during 2016 and 2015, respectively. Compensation expense for stock options is the estimated fair value of options granted using the Black-Scholes Model amortized on a straight-line basis over the vesting period of the award. The expected volatility is based on historical volatility of the Company’s stock price. The risk-free interest rates for the periods within the contractual life of the awards are based on the U.S. Treasury yield curve in effect at the time of the grant. The expected life is based on historical exercise experience. The dividend yield assumption is based on the Company’s history and expectation of dividend payouts. The fair value of options granted during 2016 was $2.14 and $2.00. The fair value of options granted during 2015 was $2.17 and $2.28. The variables used in these calculations of the fair value of the options are as follows: For the twelve months ended December 31, 2016 2015 Risk free interest rate (5 year Treasury) 1.94% 1.52% - 1.68% Expected dividend yield 0% 0% Expected term (years) 5 5 Expected volatility 24.5% - 40.1% 40.6% - 47.1% Stock option plan activity for 2016 and 2015 is summarized below: Shares Weighted Average Weighted Average Aggregate Options outstanding, January 1, 2015 190,419 $ 7.02 6.2 Granted 28,500 5.65 Forfeited — — Exercised — — Expired (7,734 ) 14.43 Options outstanding, December 31, 2015 211,185 6.57 6.0 $ 81,248 Granted 29,500 7.24 Forfeited (13,787 ) 5.90 Exercised — — Expired (8,598 ) 12.84 Options outstanding, December 31, 2016 218,300 $ 6.35 5.9 $ 378,288 Options exercisable, December 31, 2016 218,300 $ 6.35 5.9 $ 378,288 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax 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 December 31, 2016. This amount changes based on changes in the market value of the Company’s common stock.

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2016
Earnings per Share	Note 20. 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. December 31, 2016 December 31, 2015 Average Per share Average Per share Shares Amount Shares Amount Basic earnings per share 4,774,856 $ 0.53 4,791,722 $ 0.08 Effect of dilutive securities: Stock options 25,090 13,596 Diluted earnings per share 4,799,946 $ 0.53 4,805,318 $ 0.08 For the years ended 2016 and 2015, options on 62,541 and 89,473 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2016
Related Parties	Note 21. Related Parties The Company has entered into transactions with its directors and principal officers of the Company, their immediate families and affiliated companies in which they are the principal stockholders (related parties). The aggregate amount of loans to such related parties was $8.9 million and $2.6 million at December 31, 2016 and 2015, respectively. All such loans, in the opinion of management, were made in the normal course of business on the same terms, including interest rate, collectability and collateral, as those prevailing at the time for comparable transactions. (Dollars in thousands Balance, January 1, 2016 $ 2,570 New loans and extensions to existing loans 6,818 Repayments and other reductions (525 ) Balance, December 31, 2016 $ 8,863 Unfunded commitments to extend credit to related parties were $2.0 million and $1.6 million at December 31, 2016 and 2015, respectively. The Company maintains deposit accounts with some related parties. The aggregate amount of these deposit accounts at December 31, 2016 and 2015 amounted to $696 thousand and $499 thousand, respectively. On May 28, 2015, the Company issued $7.0 million of 6.50% subordinated debt. Related parties purchased and held principal note amounts of $285 thousand. As of December 31, 2016, the Company owed these related parties $291 thousand in principal and accrued interest with regard to the subordinated debt.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Measurements	Note 22. 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 available-for-sale available-for-sale. During the fourth quarter of 2016, the third party determined that the methodology used to determine the fair value of certain U.S. government securities as a group instead of individually was considered Level 2 fair value measurement, therefore approximately $1.6 million of Level 1 securities were moved to Level 2. During the fourth quarter of 2016, $1.5 million of corporate bonds were transferred from Level 2 to Level 3 due to the passage of time from the trade date and reliance upon non-binding bid prices as the primary fair value input. 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 December 31, 2016 and December 31, 2015: (Dollars in thousands) Balance Fair Value Measurements at December 31, 2016 Using Description Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 7,704 $ — $ — $ 7,704 U. S. Government agencies 25,313 — 25,313 — State and municipal obligations 18,156 — 18,156 — Total securities available-for-sale: $ 51,173 $ — $ 43,469 $ 7,704 Mortgage servicing rights $ 671 $ — $ — $ 671 Defined benefit plan assets: Mutual funds - fixed income $ 1,041 $ 1,041 $ — $ — Mutual funds - equity 1,649 1,649 — — Total defined benefit plan assets $ 2,690 $ 2,690 $ — $ — Balance Fair Value Measurements at December 31, 2015 Using Description Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 3,945 $ — $ — $ 3,945 U. S. Government agencies 21,288 1,216 20,072 — State and municipal obligations 28,857 — 28,857 — Total securities available-for-sale: $ 54,090 $ 1,216 $ 48,929 $ 3,945 Mortgage servicing rights $ 658 $ — $ — $ 658 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,119 1,119 — — Mutual funds - equity 1,684 1,684 — — Total defined benefit plan assets $ 2,806 $ 2,806 $ — $ — The reconciliation of items using Level 3 inputs is as follows: (Dollars in thousands) MSRs Corporate Balance, January 1, 2016 $ 658 $ 3,945 Purchases — 3,750 Impairments — — Fair value adjustments 13 9 Sales — — Balance, December 31, 2016 $ 671 $ 7,704 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 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 December 31, 2016 Using (Dollars in thousands) Balance as of Description December 31, 2016 Level 1 Level 2 Level 3 Impaired Loans, net $ 2,774 $ — $ — $ 2,774 Other real estate owned, net 2,494 — — 2,494 Fair Value Measurements at December 31, 2015 Using Balance as of Description December 31, 2015 Level 1 Level 2 Level 3 Impaired Loans, net $ 3,868 $ — $ — $ 3,868 Other real estate owned, net 1,870 — — 1,870 The following table displays quantitative information about Level 3 Fair Value Measurements as of December 31, 2016: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 2,774 Discounted appraised value Selling Cost 10% - 20% (16% ) Lack of Marketability 50% (50% ) Other real estate owned, net 2,494 Discounted appraised value Selling Cost 3% - 13% (5% ) Lack of Marketability 10% - 20% (11% ) The following table displays quantitative information about Level 3 Fair Value Measurements as of December 31, 2015: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 3,868 Discounted appraised value Selling Cost 10% - 25% (13% ) Lack of Marketability 50% - 60% (51% ) Other real estate owned, net 1,870 Discounted appraised value Selling Cost 3% - 13% (4% ) Lack of Marketability 10% - 20% (12% ) 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 December 31, 2016 Using (Dollars in thousands) Balance as of Fair Value as of Description December 31, 2016 December 31, 2016 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 4,851 $ 4,851 $ 4,851 $ — $ — Interest-bearing deposits 7,501 7,501 7,501 — — Certificates of deposit 4,216 4,216 — 4,216 — Federal funds sold 2,350 2,350 2,350 — — Securities available-for-sale 51,173 51,173 — 43,469 7,704 Restricted securities 2,649 2,649 — — 2,649 Loans, net 381,537 384,468 — — 384,468 Loans held for sale 276 276 — — 276 Accrued interest receivable 1,372 1,372 — 1,372 — Mortgage servicing rights 671 671 — — 671 Financial Liabilities: Non-interest-bearing $ 74,799 $ 74,799 $ 74,799 $ — $ — Savings and other interest-bearing deposits 178,869 178,869 — 178,869 — Time deposits 128,050 127,497 — — 127,497 Securities sold under repurchase agreements 18,310 18,310 — 18,310 — FHLB advances 35,000 35,668 — 35,668 — Subordinated debt 6,860 7,000 — — 7,000 Accrued interest payable 331 331 — 331 — Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Balance as of Fair Value as of Description December 31, 2015 December 31, 2015 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 4,969 $ 4,969 $ 4,969 $ — $ — Interest-bearing deposits 15,330 15,330 15,330 — — Certificates of deposit 5,735 5,735 — 5,487 248 Federal funds sold 271 271 271 — — Securities available-for-sale 54,090 54,090 1,216 48,929 3,945 Restricted securities 2,731 2,731 — — 2,731 Loans, net 343,323 347,500 — — 347,500 Loans held for sale 270 270 — — 270 Accrued interest receivable 1,318 1,318 — 1,318 — Mortgage servicing rights 658 658 — — 658 Financial Liabilities: Non-interest-bearing $ 65,842 $ 65,842 $ 65,842 $ — $ — Savings and other interest-bearing deposits 166,628 166,628 — 166,628 — Time deposits 127,388 127,433 — — 127,433 Securities sold under repurchase agreements 7,161 7,161 — 7,161 — FHLB advances 40,000 40,855 — 40,855 — Subordinated debt 6,844 7,000 — — 7,000 Accrued interest payable 318 318 — 318 — 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 Securities available-for-sale 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. The fair value of the Company’s subordinated debt is estimated by utilizing observable market prices for comparable securities. Qualitative factors like asset quality, market factors and liquidity are also considered. The fair value of the FHLB advances is estimated by discounting the future cash flows using the current interest rates offered for similar advances and remaining maturities. 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 December 31, 2016 and December 31, 2015, 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.

Leases

Leases	12 Months Ended
	Dec. 31, 2016
Leases	Note 23. Leases The Company has long-term leases for three retail branches and office equipment. Lease expense for 2016 and 2015 was $179 thousand and $168 thousand, respectively. Pursuant to the terms of these leases, the following is a schedule, by year, of future minimum lease payments required under the long-term non-cancelable 2017 $ 115 2018 83 2020 28 2021 — 2022 — Thereafter — $ 226

Condensed Financial Information

Condensed Financial Information of Parent Company	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company	Note 24. Condensed Financial Information of Parent Company Financial information pertaining only to Bay Banks of Virginia, Inc. is as follows: (Dollars in thousands) Condensed Balance Sheets December 31, 2016 December 31, 2015 Assets Cash and due from non-affiliated $ 990 $ 149 Interest-bearing deposits 168 1,902 Certificates of deposit 1,240 2,480 Investments in subsidiaries 45,510 41,591 Other assets 1,680 1,920 Total assets $ 49,588 $ 48,042 Liabilities and Shareholders’ Equity Liabilities Subordinated debt $ 6,860 $ 6,844 Deferred directors’ compensation 561 477 Other liabilities 462 1,152 Total liabilities 7,883 8,473 Total shareholders’ equity 41,705 39,569 Total liabilities and shareholders’ equity $ 49,588 $ 48,042 (Dollars in thousands) Condensed Income Statements Years ended December 31, 2016 2015 Interest income $ 17 $ 6 Interest expense 472 279 Net interest expense (455 ) (273 ) Non-interest 678 629 Non-interest 1,261 839 Loss before income taxes and equity in undistributed earnings of subsidiaries (1,038 ) (483 ) Income tax benefit (194 ) (28 ) Loss before equity in undistributed earnings of subsidiaries (844 ) (455 ) Equity in undistributed earnings of subsidiaries 3,379 821 Net income $ 2,535 $ 366 (Dollars in thousands) Condensed Statements of Cash Flows Years ended December 31, 2016 2015 Cash Flows from Operating Activities: Net income $ 2,535 $ 366 Adjustments to reconcile net income to net cash provided by operating activities: Amortization of debt issuance costs 16 10 Stock-based compensation 60 63 Equity in undistributed earnings of subsidiaries (3,379 ) (821 ) Decrease (increase) in other assets 240 (187 ) Net change in deferred directors’ compensation 83 63 (Decrease) increase in other liabilities (688 ) 1 Net cash used in operating activities (1,133 ) (505 ) Cash Flows from Investing Activities: Maturities (purchases) of certificates of deposit 1,240 (2,480 ) Investment in subsidiaries (1,000 ) (4,000 ) Net provided by (cash used) in investing activities 240 (6,480 ) Cash Flows from Financing Activities: Proceeds from the issuance of subordinated debt — 6,834 Repurchase of common stock — (243 ) Net cash provided by financing activities — 6,591 Net decrease in cash and due from banks (893 ) (394 ) Cash and cash equivalents at January 1 2,051 2,445 Cash and cash equivalents at December 31 $ 1,158 $ 2,051

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income	Note 25. Accumulated Other Comprehensive Income The balances in accumulated other comprehensive income (loss) are shown in the following table (dollars in thousands): Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2015 $ 45 $ (966 ) $ (921 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $46 90 — 90 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $14 (28 ) — (28 ) Net gain on pension and postretirement plans, net of tax expense of $42 — 83 83 Balance December 31, 2015 107 (883 ) (776 ) Change in net unrealized holding losses on securities, before reclassification, net of tax benefit of $175 (340 ) — (340 ) Reclassification for previously unrealized net gains recognized in income, net of tax expense of $148 (287 ) — (287 ) Net gain on pension and postretirement plans, net of tax expense of $87 — 168 168 Balance at December 31, 2016 $ (520 ) $ (715 ) $ (1,235 ) Reclassification for previously unrealized gains and impairments on securities and pension and postemployment related costs are reported in the consolidated statements of income as follows: Accumulated Other Comprehensive Income (Loss) (Dollars in thousands) Holding gains (losses) Pension and Net gains on sales of securities available-for-securities $ 435 $ — Salaries and employee benefits — (77 ) Tax (expense) benefit (148 ) 26 Impact on net income $ 287 $ (51 ) Accumulated Other Comprehensive Income (Dollars in thousands) Holding gains (losses) Pension and Net gains on sale of securities available-for-securities $ 42 $ — Salaries and employee benefits — (76 ) Tax (expense) benefit (14 ) 29 Impact on net income $ 28 $ (47 )

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2016
Subsequent Event	Note 26. Subsequent Event On March 15, 2017 the Company’s shareholders voted to increase the authorized number of common stock from 10 million to 30 million shares. This has been reflected on the consolidated balance sheets.

Significant Accounting Polici34

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Use of estimates	Use of estimates The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions. The amounts recorded in the consolidated financial statements may be affected by those estimates and assumptions. Actual results may vary from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the measurement of fair value of foreclosed real estate, deferred taxes, impairment testing of goodwill, projected pension and post-retirement obligations and fair value measurements.
Cash and cash equivalents	Cash and cash equivalents For purposes of the consolidated statements of cash flows, cash and cash equivalents include cash and balances due from banks, all of which mature within ninety days.
Interest-bearing deposits in banks	Interest-bearing deposits in banks Interest-bearing deposits in banks are carried at cost, which mature within one year, and include deposits with the Federal Reserve Bank of Richmond.
Securities	Securities Investments in debt and equity securities with readily determinable fair values are classified as either held to maturity, available-for-sale, available-for-sale. available-for-sale Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if (i) there is evidence of credit related impairment; (ii) the Company intends to sell the security or (iii) it is more-likely-than-not more-likely-than-not
Securities sold under repurchase agreements	Securities sold under repurchase agreements Securities sold under repurchase agreements, which are classified as secured borrowings, generally mature within one year from the transaction date. Securities sold under repurchase agreements are reflected at the amount of cash received in connection with the transaction. The Company is required to provide collateral based on the value of the underlying cash.
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, 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. 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
Troubled debt restructuring ("TDR")	Troubled debt restructuring (“TDR”) In some situations, for economic or legal reasons related to a borrower’s financial condition, management may grant a concession to a borrower that it would not otherwise consider. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal, the related loan is classified as a troubled debt restructuring. Management strives to identify borrowers in financial difficulty early and work with them to modify their loan to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. Management measures all TDRs for impairment as noted below for impaired loans.
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 homogenous segment and class of the portfolio, plus any loans analyzed individually for impairment. Depending on the nature of each segment and class, considerations include historical loss experience, adverse situations that may affect a borrower’s ability to repay, credit scores, past due history, 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 conditions change. 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 TDRs. 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 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 The general component of the ALL calculation collectively evaluates groups of loans in segments and 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); 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 have historically included credit cards, which are unsecured. The credit card portfolio was sold to an unaffiliated third party in the third quarter of 2016. 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
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.
Premises and equipment, net	Premises and equipment, net Land is carried at cost. Premises and equipment are carried at cost less accumulated depreciation. Depreciation is computed by the straight-line method over the estimated useful lives of the premises and equipment. Estimated useful lives range from 10-40 3-10
Other real estate owned, net	Other real estate owned, net Real estate properties acquired through, or in lieu of, loan foreclosure are marketed for sale and are initially recorded at the lesser of the fair value on the date of foreclosure less estimated selling costs or carrying value of the loan. After acquisition, management acquires new valuations at least every two years. Revenue and expenses related to the operation or maintenance of foreclosed properties are included in expenses from foreclosed assets and changes in the valuation allowance are included in other real estate gains (losses).
Goodwill	Goodwill Goodwill is related to unidentifiable intangible assets arising from the acquisition of five branches during the years 1994 through 2000. Goodwill is tested annually for impairment. If impairment exists, the amount of impairment would result in a charge to expense.
Income taxes	Income taxes Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not The Company evaluates its deferred tax assets quarterly to determine if those assets will be recovered and if a valuation allowance is needed. At December 31, 2016, the Company determined no valuation allowance related to its deferred tax assets was necessary.
Pension benefits	Pension benefits The Company has a non-contributory
Postretirement benefits	Postretirement benefits The Company provides certain health care benefits for all retired employees who meet eligibility requirements.
Trust assets and income	Trust assets and income Customer assets held by the Trust Company, other than cash on deposit at the Bank, are not included in these financial statements, since such items are not assets of the Bank or the Trust Company. Trust fees are recorded on the accrual basis.
Earnings per share	Earnings per share Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued by the Company relate solely to outstanding stock options. Refer to Note 20.
Off-balance-sheet financial instruments	Off-balance-sheet In the ordinary course of business, the Company enters into off-balance-sheet
Significant group concentration of credit risk	Significant group concentration of credit risk Most of the Company’s business activity is with customers located in the Virginia counties of Lancaster, Northumberland, Richmond, Westmoreland, Middlesex, Chesterfield, Henrico and the City of Richmond, Virginia. The Company makes residential, commercial and consumer loans and a significant amount of the loan portfolio is comprised of real estate mortgage loans, which are secured primarily by single-family residences. The adequacy of collateral on real estate mortgage loans is highly dependent on changes in real estate values.
Advertising	Advertising Advertising costs are expensed as incurred and totaled $197 thousand and $213 thousand for the years ended December 31, 2016 and 2015, respectively.
Comprehensive income	Comprehensive income Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains or losses on securities available-for-sale
Fair value of financial instruments	Fair value of financial instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 22. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect the estimates.
Transfers of financial assets	Transfers of financial assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from the Company – put presumptively beyond reach of the transferor and its creditors, even in bankruptcy or other receivership; (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.
Stock-based compensation plans	Stock-based compensation plans Authoritative accounting guidance requires companies to recognize the cost of employee services received in exchange for awards of equity instruments, such as stock options and restricted stock, based on the fair value of those awards at the date of grant. This cost is recognized over the vesting period of the respective awards.
Reclassifications	Reclassifications Prior to January 1, 2016, the Company included its investments in certificates of deposit on the consolidated balance sheets in securities available-for available-for-sale available-for-sale
Recent Accounting Pronouncements	Recent Accounting Pronouncements. In January 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-03, 2017-03 In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), off-balance held-to-maturity 2016-13 available-for-sale available-for-sale available-for-sale 2016-13 non-accrual In March 2016, the FASB issued ASU 2016-09, “ Compensation – Stock Compensation (Topic 718): Improvements to Employee Shares-Based Payment Accounting. ” 2016-09 In February 2016, the FASB issued ASU 2016-02. 2016-02 2016-02 In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall 825-10) available-for-sale available-for 2016-01. 2016-01 In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis 2a-7 2015-02 In January 2015, the FASB issued ASU 2015-01, Income Statement – Extraordinary and Unusual Items 2015-01 2015-01 In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers 2014-09 2014-09 2014-09. 2014-09. 2014-09

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2016
Aggregate Amortized Cost and Fair Values of Available-for-Sale Securities Portfolio	The aggregate amortized cost and fair values of the available-for-sale (Dollars in thousands) Gross Gross Available-for-sale Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains (Losses) Value Corporate bonds $ 7,695 $ 14 $ (5 ) $ 7,704 U.S. Government agencies 25,668 53 (408 ) 25,313 State and municipal obligations 18,566 49 (459 ) 18,156 $ 51,929 $ 116 $ (872 ) $ 51,173 Gross Gross Available-for-sale Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains (Losses) Value Corporate bonds $ 3,950 $ — $ (5 ) $ 3,945 U.S. Government agencies 21,375 69 (156 ) 21,288 State and municipal obligations 28,599 313 (55 ) 28,857 $ 53,924 $ 382 $ (216 ) $ 54,090
Gross Realized Gains and Gross Realized Losses on Sales of Securities	The cost of securities sold is based on actual net cost. Gross realized gains and gross realized losses, as well as proceeds on sales and calls of securities, were as follows: For the years ended December 31, (Dollars in thousands) 2016 2015 Gross realized gains $ 445 $ 68 Gross realized losses (10 ) (26 ) Net realized gains $ 435 $ 42 Aggregate proceeds $ 19,509 $ 13,540
Aggregate Amortized Cost and Market Values of Investment Securities Portfolio by Contractual Maturity	The aggregate amortized cost and market values of the investment securities portfolio by contractual maturity at December 31, 2016 are shown below: (Dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 52 $ 52 Due after one year through five years 28,093 27,865 Due after five through ten years 17,952 17,530 Due after ten years 5,832 5,726 $ 51,929 $ 51,173
Unrealized Loss Positions	Bonds with unrealized loss positions at December 31, 2015 included five federal agencies, one corporate bond and 17 municipals. (Dollars in thousands) Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Value Loss Value Loss Value Loss Corporate bonds $ 995 $ (5 ) $ — $ — $ 995 $ (5 ) U.S. Government agencies 20,933 (396 ) 1,308 (12 ) 22,241 (408 ) States and municipal obligations 12,888 (459 ) — — 12,888 (459 ) Total temporarily impaired securities $ 34,816 $ (860 ) $ 1,308 $ (12 ) $ 36,124 $ (872 ) Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Loss Value Loss Value Loss Corporate bonds $ 495 $ (5 ) $ — $ — $ 495 $ (5 ) U.S. Government agencies 13,871 (141 ) 1,619 (15 ) 15,490 (156 ) States and municipal obligations 2,566 (17 ) 3,281 (38 ) 5,847 (55 ) Total temporarily impaired securities $ 16,932 $ (163 ) $ 4,900 $ (53 ) $ 21,832 $ (216 )

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Balances of Loans	The following is a summary of the balances of loans: (Dollars in thousands) December 31, 2016 December 31, 2015 Mortgage loans on real estate: Construction, Land and Land Development $ 39,818 $ 42,129 Farmland 1,023 1,030 Commercial Mortgages (Non-Owner 35,343 29,086 Commercial Mortgages (Owner Occupied) 41,825 43,956 Residential First Mortgages 194,007 164,405 Residential Revolving and Junior Mortgages 26,425 26,497 Commercial and Industrial loans 43,024 35,104 Consumer Loans 3,544 5,015 Total loans 385,009 347,222 Net unamortized deferred loan costs 391 324 Allowance for loan losses (3,863 ) (4,223 ) Loans, net $ 381,537 $ 343,323
Recorded Investment in Past Due and Non-accruing Loans	The recorded investment in past due and non-accruing (Dollars in thousands) 30-89 Days 90 Days or More Past Due and Total Past Due and Total December 31, 2016 Past Due Still Accruing Nonaccruals Nonaccruals Current Loans Mortgage Loans on Real Estate: Construction, Land and Land Development $ — $ — $ 623 $ 623 $ 39,195 $ 39,818 Farmland 57 — — 57 966 1,023 Commercial Mortgages (Non-Owner — — — — 35,343 35,343 Commercial Mortgages (Owner Occupied) 188 — 2,270 2,458 39,367 41,825 Residential First Mortgages 1,546 — 2,155 3,701 190,306 194,007 Residential Revolving and Junior Mortgages 480 — 160 640 25,785 26,425 Commercial and Industrial 408 — 92 500 42,524 43,024 Consumer Loans — — — — 3,544 3,544 Total $ 2,679 $ — $ 5,300 $ 7,979 $ 377,030 $ 385,009 December 31, 2015 30-89 90 Days or Nonaccruals Total Past Current Total Mortgage Loans on Real Estate: Construction, Land and Land Development $ 93 $ — $ 672 $ 765 $ 41,364 $ 42,129 Farmland — — — — 1,030 1,030 Commercial Mortgages (Non-Owner 264 — — 264 28,822 29,086 Commercial Mortgages (Owner Occupied) 133 — 2,350 2,483 41,473 43,956 Residential First Mortgages 1,304 — 2,841 4,145 160,260 164,405 Residential Revolving and Junior Mortgages 70 — 277 347 26,150 26,497 Commercial and Industrial 10 — 285 295 34,809 35,104 Consumer Loans 32 11 8 51 4,964 5,015 Total $ 1,906 $ 11 $ 6,433 $ 8,350 $ 338,872 $ 347,222

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2016
Allowance for Loan Losses by Portfolio Segment	A disaggregation of and an analysis of the change in the allowance for loan losses by segment is shown below. (Dollars in thousands) For the Twelve Months Ended December 31, 2016 Mortgage Commercial Consumer Total Beginning Balance $ 3,502 $ 599 $ 122 $ 4,223 Reclassification of allowance related to sold loans — — (27 ) (27 ) (Charge-offs) (735 ) (158 ) (53 ) (946 ) Recoveries 254 61 11 326 Provision (recovery) 297 (9 ) (1 ) 287 Ending Balance $ 3,318 $ 493 $ 52 $ 3,863 Individually evaluated for impairment $ 803 $ 92 $ — $ 895 Collectively evaluated for impairment 2,515 401 52 2,968 (Dollars in thousands) For the Twelve Months Ended December 31, 2015 Mortgage Commercial Consumer Total Beginning Balance $ 2,778 $ 323 $ 104 $ 3,205 (Charge-offs) (521 ) (9 ) (128 ) (658 ) Recoveries 27 — 52 79 Provision 1,218 285 94 1,597 Ending Balance $ 3,502 $ 599 $ 122 $ 4,223 Individually evaluated for impairment $ 1,256 $ 278 $ — $ 1,534 Collectively evaluated for impairment 2,246 321 122 2,689
Loan Receivables Evaluated for Impairment Individually and Collectively by Segment	Loan receivables evaluated for impairment individually and collectively by segment as of December 31, 2016 and 2015 are as follows: Mortgage Commercial Consumer (Dollars in thousands) Loans and and Other As of December 31, 2016 on Real Estate Industrial Loans Total Individually evaluated for impairment $ 10,323 $ 92 $ — $ 10,415 Collectively evaluated for impairment 328,118 42,932 3,544 374,594 Total Gross Loans $ 338,441 $ 43,024 $ 3,544 $ 385,009 As of December 31, 2015 Individually evaluated for impairment $ 10,542 $ 284 $ — $ 10,826 Collectively evaluated for impairment 296,561 34,820 5,015 336,396 Total Gross Loans $ 307,103 $ 35,104 $ 5,015 $ 347,222
Internal Risk Rating Grades	Internal risk rating grades are shown in the following table. Construction, Commercial Commercial Land and Mortgages Mortgages Commercial ( Dollars in thousands) Land (Non-Owner (Owner and As of December 31, 2016 Development Farmland Occupied) Occupied) Industrial Total Grade: Pass $ 32,009 $ 1,023 $ 30,639 $ 31,191 $ 40,841 $ 135,703 Watch 5,795 — 4,184 6,652 1,891 18,522 Special mention 180 — 272 1,453 125 2,030 Substandard 1,834 — 248 2,529 167 4,778 Doubtful — — — — — — Total $ 39,818 $ 1,023 $ 35,343 $ 41,825 $ 43,024 $ 161,033 Construction , Commercial Commercial Land and Mortgages Mortgages Commercial Land (Non-Owner (Owner and As of December 31, 2015 Development Farmland Occupied) Occupied) Industrial Total Grade: Pass $ 34,692 $ 1,030 $ 24,258 $ 33,023 $ 29,383 $ 122,386 Watch 5,337 — 4,564 4,968 5,202 20,071 Special mention 1,119 — — 2,687 148 3,954 Substandard 981 — 264 3,278 371 4,894 Doubtful — — — — — — Total $ 42,129 $ 1,030 $ 29,086 $ 43,956 $ 35,104 $ 151,305
Performing and Non Performing Loans	Loans are considered to be nonperforming when they are delinquent by 90 days or more or non-accruing Residential (Dollars in thousands) Residential Revolving As of December 31, 2016 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (1) Mortgages (2) Loans (3) Total Performing $ 191,852 $ 26,265 $ 3,544 $ 221,661 Nonperforming 2,155 160 — 2,315 Total $ 194,007 $ 26,425 $ 3,544 $ 223,976 Residential Residential Revolving As of December 31, 2015 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (4) Mortgages (5) Loans (6) Total Performing $ 161,564 $ 26,220 $ 4,996 $ 192,780 Nonperforming 2,841 277 19 3,137 Total $ 164,405 $ 26,497 $ 5,015 $ 195,917 Notes: (1) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016. (3) No Consumer Loans have been assigned a risk rating grade of Substandard as of December 31, 2016. (4) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.9 million as of December 31, 2015. (5) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $372 thousand as of December 31, 2015. (6) No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2015.
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 December 31, 2016 and 2015, along with the average recorded investment and interest income recognized for the years ended December 31, 2016 and 2015. (Dollars in thousands) As of December 31, 2016 As of December 31, 2015 IMPAIRED LOANS With no related allowance: Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related Construction, Land and Land Development $ 1,531 $ 1,539 $ — $ 445 $ 451 $ — Residential First Mortgages 2,112 2,176 — 3,130 3,166 — Residential Revolving and Junior Mortgages (1) 995 999 — 233 233 — Commercial Mortgages (Non-owner 248 248 — 264 264 — Commercial Mortgages (Owner occupied) 1,860 2,178 — 1,352 1,390 — Commercial and Industrial — — — — — — 6,746 7,140 — 5,424 5,504 — With an allowance recorded: Construction, Land and Land Development 243 286 145 262 290 120 Residential First Mortgages 1,951 1,951 367 2,507 2,507 308 Residential Revolving and Junior Mortgages (1) 544 546 199 258 259 150 Commercial Mortgages (Non-owner — — — — — — Commercial Mortgages (Owner occupied) 839 854 92 2,091 2,348 678 Commercial and Industrial 92 101 92 284 285 278 3,669 3,738 895 5,402 5,689 1,534 Total Impaired Loans: Construction, Land and Land Development 1,774 1,825 145 707 741 120 Residential First Mortgages 4,063 4,127 367 5,637 5,673 308 Residential Revolving and Junior Mortgages (1) 1,539 1,545 199 491 492 150 Commercial Mortgages (Non-owner 248 248 — 264 264 — Commercial Mortgages (Owner occupied) 2,699 3,032 92 3,443 3,738 678 Commercial and Industrial 92 101 92 284 285 278 $ 10,415 $ 10,878 $ 895 $ 10,826 $ 11,193 $ 1,534 Notes: (1) Junior mortgages include equity lines. For the Year Ended For the Year Ended December 31, 2016 December 31, 2015 (Dollars in thousands) With no related allowance: Average Interest Average Interest Construction, Land and Land Development $ 1,316 $ 55 $ 448 $ — Residential First Mortgages 1,956 14 2,077 74 Residential Revolving and Junior Mortgages (1) 808 38 87 5 Commercial Mortgages (Non-owner 251 15 264 16 Commercial Mortgages (Owner occupied) 1,858 27 1,099 28 Commercial and Industrial — — — — 6,189 149 3,975 123 With an allowance recorded: Construction, Land and Land Development 253 5 270 5 Residential First Mortgages 1,956 90 1,900 90 Residential Revolving and Junior Mortgages (1) 218 9 204 11 Commercial Mortgages (Non-owner — — — — Commercial Mortgages (Owner occupied) 819 22 1,343 39 Commercial and Industrial 103 1 130 2 3,349 127 3,847 147 Total Construction, Land and Land Development 1,569 60 718 5 Residential First Mortgages 3,912 104 3,977 164 Residential Revolving and Junior Mortgages (1) 1,026 47 291 16 Commercial Mortgages (Non-owner 251 15 264 16 Commercial Mortgages (Owner occupied) 2,677 49 2,442 67 Commercial and Industrial 103 1 130 2 $ 9,538 $ 276 $ 7,822 $ 270 Notes: (1) Junior mortgages include equity lines.
Summary of Troubled Debt Restructurings	The following table presents, by segments of loans, information related to loans modified as TDRs during the years ended December 31, 2016 and 2015. For the Year Ended For the Year Ended December 31, 2016 December 31, 2015 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post- Number of Pre-Modification Post- Residenital first mortages (2)(1) 1 $ 244 $ 244 2 $ 988 $ 986 Commercial mortgages (Owner occupied) (2) — — — 1 105 124 Notes: (1) Modifications were an extention of the loan terms. (2) Modifications were capitalization of the interest. For the Year Ended For the Year Ended TROUBLED DEBT RESTRUCTURINGS THAT SUBSEQUENTLY DEFAULTED Number of Recorded Number of Recorded Commerical mortgages (Owner occupied) — — 1 $ 124

Other Real Estate Owned, Net (T

Other Real Estate Owned, Net (Tables)	12 Months Ended
	Dec. 31, 2016
Net of Valuation Allowances for Losses on Other Real Estate Owned	Other real estate owned (“OREO”) is presented net of a valuation allowance for losses. An analysis of the valuation allowance on OREO is shown below. Years ended December 31, (Dollars in thousands) 2016 2015 Balance, beginning of year $ 621 $ 626 Provision for losses 53 288 Charge-offs (201 ) (293 ) Balance, end of period $ 473 $ 621
Components of Expenses Applicable to Foreclosed Assets	Expenses applicable to OREO include the following: Years ended December 31, (Dollars in thousands) 2016 2015 Net loss on sales of real estate $ 74 $ 107 Provision for losses 53 288 Operating expenses, net of income 93 68 Total expenses $ 220 $ 463
Summary of Properties Included in Other Real Estate Owned (OREO)	The following table details the properties included in OREO as of December 31, 2016 and December 31, 2015. There were no collateralized consumer residential mortgage loans in the process of foreclosure as of December 31, 2016. As of December 31, 2016 As of December 31, 2015 No. of Carrying No. of Carrying (Dollars in thousands) Properties Value Properties Value Residential 2 $ 891 3 $ 540 Land lots 7 547 7 413 Convenience store 1 59 2 191 Restaurant 1 55 1 55 Commerical properties 3 942 3 671 Total 14 $ 2,494 16 $ 1,870

Premises and Equipment, net (Ta

Premises and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2016
Components of Premises and Equipment Included in Balance Sheets	Components of premises and equipment included in the balance sheets at December 31, 2016 and 2015 were as follows: (Dollars in thousands) 2016 2015 Land and improvements $ 2,350 $ 2,350 Buildings and improvements 12,221 12,232 Furniture and equipment 10,323 10,069 Total cost 24,894 24,651 Less accumulated depreciation (14,050 ) (13,005 ) Premises and equipment, net $ 10,844 $ 11,646

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2016
Schedule of Time Deposits Maturities	At December 31, 2016, the scheduled maturities of time deposits are as follows (in thousands): 2017 $ 21,234 2018 34,783 2019 17,929 2020 39,028 2021 15,076 Thereafter — $ 128,050

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Change in Benefit Obligation	Pension Benefits Postretirement Benefits (Dollars in thousands) 2016 2015 2016 2015 Change in benefit obligation Benefit obligation, beginning of year $ 3,488 $ 3,546 $ 668 $ 771 Service cost — — 22 23 Interest cost 134 131 28 30 Actuarial loss (gain) 17 (104 ) (170 ) (147 ) Benefit payments (279 ) (85 ) (8 ) (9 ) Settlement loss 38 — — — Benefit obligation, end of year 3,398 3,488 540 668
Change in Plan Assets	Change in plan assets Fair value of plan assets, beginning of year 2,806 2,897 — — Actual return on plan assets 163 (6 ) — — Employer contributions — — 8 9 Benefits payments (279 ) (85 ) (8 ) (9 ) Fair value of plan assets, end of year 2,690 2,806 — —
Defined Benefit Plan Funded Status	Funded status at the end of the year $ (708 ) $ (682 ) $ (540 ) $ (668 )
Amounts Recognized in Accumulated Other Comprehensive Loss (Income)	Amounts recognized in accumulated other comprehensive loss (income) Net loss (gain) $ 1,316 $ 1,402 $ (234 ) $ (65 ) Prior service cost — — — — Net obligation at transition — — — — Amount recognized $ 1,316 $ 1,402 $ (234 ) $ (65 )
Components of Net Periodic Benefit Cost (Gain)	Components of net periodic benefit cost (gain) Service cost $ — $ — $ 22 $ 23 Interest cost 134 131 28 30 Expected (return) on plan assets (189 ) (196 ) — — Amortization of prior service cost — — — — Amortization of net obligation at transition — — — — Recognized net loss due to settlement 90 — — — Recognized net actuarial loss 77 76 — — Net periodic benefit (gain) cost 112 11 50 53
Other Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive (Income) Loss	Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss Net (gain) loss (86 ) 22 (170 ) (147 ) Amortization of prior service cost — — — — Amortization of net obligation at transition — — — — Total recognized in other comprehensive loss/(income) (86 ) 22 (170 ) (147 ) Total recognized in net periodic benefit cost and other comprehensive loss/(income) $ 26 $ 33 $ (120 ) $ (94 )
Weighted-average Assumptions	2016 2015 2016 2015 Weighted-average assumptions as of December 31: Discount rate used for Net Periodic Pension Cost 4.25 % 4.00 % 4.25 % 4.00 % Discount Rate used for Disclosure 4.00 % 4.25 % 4.00 % 4.25 % Expected return on plan assets 7.50 % 7.50 % N/A N/A Rate of compensation increase N/A N/A N/A N/A Rate of compensation increase for net periodic pension cost N/A N/A N/A N/A Expected future interest crediting rate 3.00 % 3.00 % N/A N/A
Estimated Future Benefit Payments for Pension and Postretirement Plans	Estimated future benefit payments for the pension and postretirement plans are as follows (in thousands): Pension Postretirement 2017 $ 523 $ 11 2018 38 12 2019 358 15 2020 380 17 2021 228 19 2022 through 2026 1,228 127
Fair Value of Pension Plan Assets by Asset Category	The fair value of the Company’s pension plan assets by asset category are as follows: (Dollars in thousands) Fair Value Measurements at December 31, 2016 Using Description Balance Level 1 Level 2 Level 3 Defined benefit plan assets: Mutual funds - fixed income $ 1,041 $ 1,041 $ — $ — Mutual funds - equity 1,649 1,649 — — Total defined benefit plan assets $ 2,690 $ 2,690 $ — $ — Fair Value Measurements at December 31, 2015 Using Description Balance Level 1 Level 2 Level 3 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,119 1,119 — — Mutual funds - equity 1,684 1,684 — — Total defined benefit plan assets $ 2,806 $ 2,806 $ — $ —

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Advances of Debt	The five advances are shown in the following table. Current Maturity Description Balance Originated Interest Rate Date Adjustable Rate Hybrid $ 10,000,000 4/12/2013 3.25750 % 4/13/2020 Fixed Rate Credit 10,000,000 12/30/2016 0.67000 % 2/28/2017 Fixed Rate Credit 5,000,000 10/20/2016 0.49000 % 1/20/2017 Fixed Rate Credit 5,000,000 12/21/2015 0.99000 % 6/15/2017 Fixed Rate Credit 5,000,000 12/22/2015 1.08000 % 9/15/2017 $ 35,000,000
Subordinated Debt	(Dollars in thousands) Balance as of Balance as of December 31, 2016 December 31, 2015 6.5% Subordinated Debt $ 7,000 $ 7,000 Less: Issuance costs (140 ) (156 ) $ 6,860 $ 6,844

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Expense (Benefit) for Income Taxes	The expense (benefit) for income taxes consisted of the following (in thousands): Year ended December 31, 2016 2015 Current $ 1,054 $ 303 Deferred (88 ) (490 ) $ 966 $ (187 )
Summary of Reasons for Differences Between Statutory Federal Income Tax Rates and Effective Tax Rates	The reasons for the differences between the statutory Federal income tax rates and the effective tax rates are summarized as follows: 2016 2015 Statutory rate 34.0 % 34.0 % Increase (decrease) resulting from: Tax exempt interest -6.1 % -116.9 % Bank owned life insurance -2.7 % -46.9 % Merger costs 2.5 % — Other, net -0.1 % 25.3 % 27.6 % -104.5 %
Components of Net Deferred Tax Assets and Liabilities	The components of the net deferred tax assets and liabilities included in other assets are as follows (in thousands): December 31, 2016 2015 Deferred tax assets Allowance for loan losses $ 908 $ 985 Interest on non-accrual 130 89 Other real estate 446 419 Pension plan 242 233 Postretirement benefits 184 227 Unrealized losses (gains) on available-for-sale 268 (55 ) Deferred compensation 191 162 Stock-based compensation 30 31 Other 27 20 Total deferred tax assets 2,426 2,111 Deferred tax liabilities Depreciation (126 ) (171 ) Amortization of goodwill (955 ) (955 ) Net deferred loan fees and costs (133 ) (110 ) Other (58 ) (64 ) Total deferred tax (liabilities) (1,272 ) (1,300 ) Net deferred tax assets $ 1,154 $ 811

Regulatory Requirements and R44

Regulatory Requirements and Restrictions (Tables)	12 Months Ended
	Dec. 31, 2016
Schedule of Bank's Actual Capital Amounts and Ratios	The Company’s and the Bank’s actual capital amounts and ratios as of December 31, 2016 and December 31, 2015, are presented in the following tables: Minimum Minimum To Be Well Actual Capital Requirement Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2016: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 51,810 15.02 % $ 27,600 8.00 % N/A N/A Bank of Lancaster 46,977 13.69 % 27,460 8.00 % $ 34,325 10.0 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 41,087 11.91 % 20,700 6.00 % N/A N/A Bank of Lancaster 43,114 12.56 % 20,595 6.00 % $ 27,460 8.0 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated 41,087 11.91 % 15,525 4.50 % N/A N/A Bank of Lancaster 43,114 12.56 % 15,446 4.50 % $ 22,311 6.5 % Tier 1 Capital (to Average Assets) Consolidated 41,087 8.66 % 18,967 4.00 % N/A N/A Bank of Lancaster 43,114 9.18 % 18,793 4.00 % $ 23,491 5.0 % Minimum Minimum To Be Well Prompt Corrective Actual Capital Requirement Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015: Total Risk Based Capital (to Risk Weighted Assets) Consolidated $ 49,305 15.54 % $ 25,380 8.00 % N/A N/A Bank of Lancaster 42,923 13.64 % 25,176 8.00 % $ 31,471 10.0 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,492 12.13 % 19,035 6.00 % N/A N/A Bank of Lancaster 38,986 12.39 % 18,882 6.00 % $ 25,176 8.0 % Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated 38,492 12.13 % 14,276 4.50 % N/A N/A Bank of Lancaster 38,986 12.39 % 14,162 4.50 % $ 20,456 6.5 % Tier 1 Capital (to Average Assets) Consolidated 38,492 8.84 % 17,420 4.00 % N/A N/A Bank of Lancaster 38,986 9.11 % 17,125 4.00 % $ 21,406 5.0 %

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value of Options	The variables used in these calculations of the fair value of the options are as follows: For the twelve months ended December 31, 2016 2015 Risk free interest rate (5 year Treasury) 1.94% 1.52% - 1.68% Expected dividend yield 0% 0% Expected term (years) 5 5 Expected volatility 24.5% - 40.1% 40.6% - 47.1%
Summary of Stock Option Activity	Stock option plan activity for 2016 and 2015 is summarized below: Shares Weighted Average Weighted Average Aggregate Options outstanding, January 1, 2015 190,419 $ 7.02 6.2 Granted 28,500 5.65 Forfeited — — Exercised — — Expired (7,734 ) 14.43 Options outstanding, December 31, 2015 211,185 6.57 6.0 $ 81,248 Granted 29,500 7.24 Forfeited (13,787 ) 5.90 Exercised — — Expired (8,598 ) 12.84 Options outstanding, December 31, 2016 218,300 $ 6.35 5.9 $ 378,288 Options exercisable, December 31, 2016 218,300 $ 6.35 5.9 $ 378,288 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2016
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. December 31, 2016 December 31, 2015 Average Per share Average Per share Shares Amount Shares Amount Basic earnings per share 4,774,856 $ 0.53 4,791,722 $ 0.08 Effect of dilutive securities: Stock options 25,090 13,596 Diluted earnings per share 4,799,946 $ 0.53 4,805,318 $ 0.08

Related Parties (Tables)

Related Parties (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Related Party Transactions	(Dollars in thousands Balance, January 1, 2016 $ 2,570 New loans and extensions to existing loans 6,818 Repayments and other reductions (525 ) Balance, December 31, 2016 $ 8,863

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
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 December 31, 2016 and December 31, 2015: (Dollars in thousands) Balance Fair Value Measurements at December 31, 2016 Using Description Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 7,704 $ — $ — $ 7,704 U. S. Government agencies 25,313 — 25,313 — State and municipal obligations 18,156 — 18,156 — Total securities available-for-sale: $ 51,173 $ — $ 43,469 $ 7,704 Mortgage servicing rights $ 671 $ — $ — $ 671 Defined benefit plan assets: Mutual funds - fixed income $ 1,041 $ 1,041 $ — $ — Mutual funds - equity 1,649 1,649 — — Total defined benefit plan assets $ 2,690 $ 2,690 $ — $ — Balance Fair Value Measurements at December 31, 2015 Using Description Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 3,945 $ — $ — $ 3,945 U. S. Government agencies 21,288 1,216 20,072 — State and municipal obligations 28,857 — 28,857 — Total securities available-for-sale: $ 54,090 $ 1,216 $ 48,929 $ 3,945 Mortgage servicing rights $ 658 $ — $ — $ 658 Defined benefit plan assets: Cash and cash equivalents $ 3 $ 3 $ — $ — Mutual funds - fixed income 1,119 1,119 — — Mutual funds - equity 1,684 1,684 — — Total defined benefit plan assets $ 2,806 $ 2,806 $ — $ —
Reconciliation of Items Using Level Three Inputs	The reconciliation of items using Level 3 inputs is as follows: (Dollars in thousands) MSRs Corporate Balance, January 1, 2016 $ 658 $ 3,945 Purchases — 3,750 Impairments — — Fair value adjustments 13 9 Sales — — Balance, December 31, 2016 $ 671 $ 7,704
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 December 31, 2016 Using (Dollars in thousands) Balance as of Description December 31, 2016 Level 1 Level 2 Level 3 Impaired Loans, net $ 2,774 $ — $ — $ 2,774 Other real estate owned, net 2,494 — — 2,494 Fair Value Measurements at December 31, 2015 Using Balance as of Description December 31, 2015 Level 1 Level 2 Level 3 Impaired Loans, net $ 3,868 $ — $ — $ 3,868 Other real estate owned, net 1,870 — — 1,870
Summary of Quantitative Fair Value Measurements for Level 3	The following table displays quantitative information about Level 3 Fair Value Measurements as of December 31, 2016: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 2,774 Discounted appraised value Selling Cost 10% - 20% (16% ) Lack of Marketability 50% (50% ) Other real estate owned, net 2,494 Discounted appraised value Selling Cost 3% - 13% (5% ) Lack of Marketability 10% - 20% (11% ) The following table displays quantitative information about Level 3 Fair Value Measurements as of December 31, 2015: (Dollars in thousands) Balance as of Valuation Unobservable Range Impaired Loans, net $ 3,868 Discounted appraised value Selling Cost 10% - 25% (13% ) Lack of Marketability 50% - 60% (51% ) Other real estate owned, net 1,870 Discounted appraised value Selling Cost 3% - 13% (4% ) Lack of Marketability 10% - 20% (12% )
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 December 31, 2016 Using (Dollars in thousands) Balance as of Fair Value as of Description December 31, 2016 December 31, 2016 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 4,851 $ 4,851 $ 4,851 $ — $ — Interest-bearing deposits 7,501 7,501 7,501 — — Certificates of deposit 4,216 4,216 — 4,216 — Federal funds sold 2,350 2,350 2,350 — — Securities available-for-sale 51,173 51,173 — 43,469 7,704 Restricted securities 2,649 2,649 — — 2,649 Loans, net 381,537 384,468 — — 384,468 Loans held for sale 276 276 — — 276 Accrued interest receivable 1,372 1,372 — 1,372 — Mortgage servicing rights 671 671 — — 671 Financial Liabilities: Non-interest-bearing $ 74,799 $ 74,799 $ 74,799 $ — $ — Savings and other interest-bearing deposits 178,869 178,869 — 178,869 — Time deposits 128,050 127,497 — — 127,497 Securities sold under repurchase agreements 18,310 18,310 — 18,310 — FHLB advances 35,000 35,668 — 35,668 — Subordinated debt 6,860 7,000 — — 7,000 Accrued interest payable 331 331 — 331 — Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Balance as of Fair Value as of Description December 31, 2015 December 31, 2015 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 4,969 $ 4,969 $ 4,969 $ — $ — Interest-bearing deposits 15,330 15,330 15,330 — — Certificates of deposit 5,735 5,735 — 5,487 248 Federal funds sold 271 271 271 — — Securities available-for-sale 54,090 54,090 1,216 48,929 3,945 Restricted securities 2,731 2,731 — — 2,731 Loans, net 343,323 347,500 — — 347,500 Loans held for sale 270 270 — — 270 Accrued interest receivable 1,318 1,318 — 1,318 — Mortgage servicing rights 658 658 — — 658 Financial Liabilities: Non-interest-bearing $ 65,842 $ 65,842 $ 65,842 $ — $ — Savings and other interest-bearing deposits 166,628 166,628 — 166,628 — Time deposits 127,388 127,433 — — 127,433 Securities sold under repurchase agreements 7,161 7,161 — 7,161 — FHLB advances 40,000 40,855 — 40,855 — Subordinated debt 6,844 7,000 — — 7,000 Accrued interest payable 318 318 — 318 —

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2016
Future Minimum Lease payments for Long-term Non-cancelable Lease agreements	The following is a schedule, by year, of future minimum lease payments required under the long-term non-cancelable 2017 $ 115 2018 83 2020 28 2021 — 2022 — Thereafter — $ 226

Condensed Financial Informati50

Condensed Financial Information of Parent Company (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Balance Sheets	Financial information pertaining only to Bay Banks of Virginia, Inc. is as follows: (Dollars in thousands) Condensed Balance Sheets December 31, 2016 December 31, 2015 Assets Cash and due from non-affiliated $ 990 $ 149 Interest-bearing deposits 168 1,902 Certificates of deposit 1,240 2,480 Investments in subsidiaries 45,510 41,591 Other assets 1,680 1,920 Total assets $ 49,588 $ 48,042 Liabilities and Shareholders’ Equity Liabilities Subordinated debt $ 6,860 $ 6,844 Deferred directors’ compensation 561 477 Other liabilities 462 1,152 Total liabilities 7,883 8,473 Total shareholders’ equity 41,705 39,569 Total liabilities and shareholders’ equity $ 49,588 $ 48,042
Condensed Income Statements	(Dollars in thousands) Condensed Income Statements Years ended December 31, 2016 2015 Interest income $ 17 $ 6 Interest expense 472 279 Net interest expense (455 ) (273 ) Non-interest 678 629 Non-interest 1,261 839 Loss before income taxes and equity in undistributed earnings of subsidiaries (1,038 ) (483 ) Income tax benefit (194 ) (28 ) Loss before equity in undistributed earnings of subsidiaries (844 ) (455 ) Equity in undistributed earnings of subsidiaries 3,379 821 Net income $ 2,535 $ 366
Condensed Statements of Cash Flows	(Dollars in thousands) Condensed Statements of Cash Flows Years ended December 31, 2016 2015 Cash Flows from Operating Activities: Net income $ 2,535 $ 366 Adjustments to reconcile net income to net cash provided by operating activities: Amortization of debt issuance costs 16 10 Stock-based compensation 60 63 Equity in undistributed earnings of subsidiaries (3,379 ) (821 ) Decrease (increase) in other assets 240 (187 ) Net change in deferred directors’ compensation 83 63 (Decrease) increase in other liabilities (688 ) 1 Net cash used in operating activities (1,133 ) (505 ) Cash Flows from Investing Activities: Maturities (purchases) of certificates of deposit 1,240 (2,480 ) Investment in subsidiaries (1,000 ) (4,000 ) Net provided by (cash used) in investing activities 240 (6,480 ) Cash Flows from Financing Activities: Proceeds from the issuance of subordinated debt — 6,834 Repurchase of common stock — (243 ) Net cash provided by financing activities — 6,591 Net decrease in cash and due from banks (893 ) (394 ) Cash and cash equivalents at January 1 2,051 2,445 Cash and cash equivalents at December 31 $ 1,158 $ 2,051

Accumulated Other Comprehensi51

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2016
Balances in Accumulated Other Comprehensive Income (Loss)	The balances in accumulated other comprehensive income (loss) are shown in the following table (dollars in thousands): Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2015 $ 45 $ (966 ) $ (921 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $46 90 — 90 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $14 (28 ) — (28 ) Net gain on pension and postretirement plans, net of tax expense of $42 — 83 83 Balance December 31, 2015 107 (883 ) (776 ) Change in net unrealized holding losses on securities, before reclassification, net of tax benefit of $175 (340 ) — (340 ) Reclassification for previously unrealized net gains recognized in income, net of tax expense of $148 (287 ) — (287 ) Net gain on pension and postretirement plans, net of tax expense of $87 — 168 168 Balance at December 31, 2016 $ (520 ) $ (715 ) $ (1,235 )
Reclassification of Unrealized Gains and Impairments on Securities and Pension and Postemployment Related Costs	Reclassification for previously unrealized gains and impairments on securities and pension and postemployment related costs are reported in the consolidated statements of income as follows: Accumulated Other Comprehensive Income (Loss) (Dollars in thousands) Holding gains (losses) Pension and Net gains on sales of securities available-for-securities $ 435 $ — Salaries and employee benefits — (77 ) Tax (expense) benefit (148 ) 26 Impact on net income $ 287 $ (51 ) Accumulated Other Comprehensive Income (Dollars in thousands) Holding gains (losses) Pension and Net gains on sale of securities available-for-securities $ 42 $ — Salaries and employee benefits — (76 ) Tax (expense) benefit (14 ) 29 Impact on net income $ 28 $ (47 )

Organization and Presentation -

Organization and Presentation - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016Subsidiary
Organization And Basis Of Presentation [Line Items]
Number of active subsidiaries	2

Proposed Business Combination -

Proposed Business Combination - Additional Information (Detail) - Virginia BanCorp	Nov. 02, 2016
Business Acquisition [Line Items]
Minority interest ownership percentage by parent	51.00%
Minority interest ownership percentage by non-controlling owners	49.00%
Common stock exchange ratio	1.178

Significant Accounting Polici54

Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2000Branch
Significant Accounting Policies [Line Items]
Interest-Bearing Deposits in Banks, maturity period	1 year
Secured borrowings maturity period under repurchase agreements	1 year
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 TDRs.
Loan Receivables	$ 161,033,000	$ 151,305,000
Number of branches purchased during the years 1994 through 2000 | Branch			5
Deferred tax assets valuation allowance	0
Advertising expense	197,000	213,000
Unrealized gains adjustment, net of tax	(627,000)	62,000
Unrealized market gain included in accumulated other comprehensive income, tax	(175,000)	46,000
Certificates of Deposit
Significant Accounting Policies [Line Items]
Unrealized gains adjustment, net of tax		31,000
Unrealized market gain included in accumulated other comprehensive income, tax		20,000
Special Mention
Significant Accounting Policies [Line Items]
Loan Receivables	$ 2,030,000	$ 3,954,000
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
Real estate properties acquired through, or in lieu of, loan foreclosure, valuation period	2 years
Minimum | Building
Significant Accounting Policies [Line Items]
Estimated useful lives	10 years
Minimum | Furniture and Equipment
Significant Accounting Policies [Line Items]
Estimated useful lives	3 years
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
Maximum | Building
Significant Accounting Policies [Line Items]
Estimated useful lives	40 years
Maximum | Furniture and Equipment
Significant Accounting Policies [Line Items]
Estimated useful lives	10 years

Goodwill - Additional Informati

Goodwill - Additional Information (Detail)	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2000Branch
Goodwill And Other Intangible Assets [Line Items]
Goodwill		$ 2,808,000	$ 2,808,000
Number of branches purchased during the years 1994 through 2000 | Branch				5
Impairment of goodwill	$ 0

Securities - Aggregate Amortize

Securities - Aggregate Amortized Cost and Fair Values of Available-for-Sale Securities Portfolio (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 51,929	$ 53,924
Gross Unrealized Gains	116	382
Gross Unrealized (Losses)	(872)	(216)
Fair Value	51,173	54,090
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	7,695	3,950
Gross Unrealized Gains	14
Gross Unrealized (Losses)	(5)	(5)
Fair Value	7,704	3,945
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	25,668	21,375
Gross Unrealized Gains	53	69
Gross Unrealized (Losses)	(408)	(156)
Fair Value	25,313	21,288
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	18,566	28,599
Gross Unrealized Gains	49	313
Gross Unrealized (Losses)	(459)	(55)
Fair Value	$ 18,156	$ 28,857

Securities - Gross Realized Gai

Securities - Gross Realized Gains and Gross Realized Losses on Sales of Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	$ 445	$ 68
Gross realized losses	(10)	(26)
Net realized gains	435	42
Aggregate proceeds	$ 19,509	$ 13,540

Investment Securities - Aggrega

Investment Securities - Aggregate Amortized Cost and Market Values of Investment Securities Portfolio by Contractual Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Due in one year or less, Amortized Cost	$ 52
Due after one year through five years, Amortized Cost	28,093
Due after five through ten years, Amortized Cost	17,952
Due after ten years, Amortized Cost	5,832
Amortized Cost	51,929	$ 53,924
Due in one year or less, Fair Value	52
Due after one year through five years, Fair Value	27,865
Due after five through ten years, Fair Value	17,530
Due after ten years, Fair Value	5,726
Fair Value	$ 51,173	$ 54,090

Investment Securities - Additio

Investment Securities - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Bond	Dec. 31, 2015USD ($)Bond
Schedule of Available-for-sale Securities [Line Items]
Average yields (taxable equivalent) on securities	3.09%	2.55%
Market value of securities	$ 19,100	$ 8,600
Securities sold under repurchase agreements	18,310	7,161
Company's investment in Federal Home Loan Bank stock	1,900	2,000
Company's investment in Federal Reserve Bank stock	$ 580	$ 505
Municipal Securities
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	39	17
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	37	5
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	1	1

Securities - Unrealized Loss Po

Securities - Unrealized Loss Positions (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	$ 34,816	$ 16,932
Less than 12 months, Unrealized Loss	(860)	(163)
12 months or more, Fair Value	1,308	4,900
12 months or more, Unrealized Loss	(12)	(53)
Fair Value, Total	36,124	21,832
Total Unrealized Loss	(872)	(216)
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	995	495
Less than 12 months, Unrealized Loss	(5)	(5)
Fair Value, Total	995	495
Total Unrealized Loss	(5)	(5)
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	20,933	13,871
Less than 12 months, Unrealized Loss	(396)	(141)
12 months or more, Fair Value	1,308	1,619
12 months or more, Unrealized Loss	(12)	(15)
Fair Value, Total	22,241	15,490
Total Unrealized Loss	(408)	(156)
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	12,888	2,566
Less than 12 months, Unrealized Loss	(459)	(17)
12 months or more, Fair Value		3,281
12 months or more, Unrealized Loss		(38)
Fair Value, Total	12,888	5,847
Total Unrealized Loss	$ (459)	$ (55)

Loans - Summary of Balances of

Loans - Summary of Balances of Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Summary of balances of loans
Total loans	$ 385,009	$ 347,222
Net unamortized deferred loan costs	391	324
Allowance for loan losses	(3,863)	(4,223)
Loans, net	381,537	343,323
Construction, Land and Land Development
Summary of balances of loans
Total loans	39,818	42,129
Farmland
Summary of balances of loans
Total loans	1,023	1,030
Commercial Mortgages (Non-Owner Occupied)
Summary of balances of loans
Total loans	35,343	29,086
Commercial Mortgages (Owner Occupied)
Summary of balances of loans
Total loans	41,825	43,956
Residential First Mortgages
Summary of balances of loans
Total loans	194,007	164,405
Residential Revolving and Junior Mortgages
Summary of balances of loans
Total loans	26,425	26,497
Commercial and Industrial
Summary of balances of loans
Total loans	43,024	35,104
Consumer and Other Loans
Summary of balances of loans
Total loans	$ 3,544	$ 5,015

Loans - Additional Information

Loans - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016
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	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	$ 2,679	$ 1,906
90 Days or More Past Due and Still Accruing		11
Nonaccruals	5,300	6,433
Total Past Due and Nonaccruals	7,979	8,350
Current	377,030	338,872
Total Gross Loans	385,009	347,222
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		93
Nonaccruals	623	672
Total Past Due and Nonaccruals	623	765
Current	39,195	41,364
Total Gross Loans	39,818	42,129
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	57
Total Past Due and Nonaccruals	57
Current	966	1,030
Total Gross Loans	1,023	1,030
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		264
Total Past Due and Nonaccruals		264
Current	35,343	28,822
Total Gross Loans	35,343	29,086
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	188	133
Nonaccruals	2,270	2,350
Total Past Due and Nonaccruals	2,458	2,483
Current	39,367	41,473
Total Gross Loans	41,825	43,956
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	1,546	1,304
Nonaccruals	2,155	2,841
Total Past Due and Nonaccruals	3,701	4,145
Current	190,306	160,260
Total Gross Loans	194,007	164,405
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	480	70
Nonaccruals	160	277
Total Past Due and Nonaccruals	640	347
Current	25,785	26,150
Total Gross Loans	26,425	26,497
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	408	10
Nonaccruals	92	285
Total Past Due and Nonaccruals	500	295
Current	42,524	34,809
Total Gross Loans	43,024	35,104
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		32
90 Days or More Past Due and Still Accruing		11
Nonaccruals		8
Total Past Due and Nonaccruals		51
Current	3,544	4,964
Total Gross Loans	$ 3,544	$ 5,015

Allowance for Loan Losses - All

Allowance for Loan Losses - Allowance for Loan Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	$ 4,223	$ 3,205
Reclassification of allowance related to sold loans	(27)
(Charge-offs)	(946)	(658)
Recoveries	326	79
Provision	287	1,597
Ending Balance	3,863	4,223
Individually evaluated for impairment	895	1,534
Collectively evaluated for impairment	2,968	2,689
Mortgage Loans on Real Estate
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	3,502	2,778
(Charge-offs)	(735)	(521)
Recoveries	254	27
Provision	297	1,218
Ending Balance	3,318	3,502
Individually evaluated for impairment	803	1,256
Collectively evaluated for impairment	2,515	2,246
Commercial and Industrial
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	599	323
(Charge-offs)	(158)	(9)
Recoveries	61
Provision	(9)	285
Ending Balance	493	599
Individually evaluated for impairment	92	278
Collectively evaluated for impairment	401	321
Consumer and Other Loans
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	122	104
Reclassification of allowance related to sold loans	(27)
(Charge-offs)	(53)	(128)
Recoveries	11	52
Provision	(1)	94
Ending Balance	52	122
Collectively evaluated for impairment	$ 52	$ 122

Allowance for Loan Losses - Loa

Allowance for Loan Losses - Loan Receivables Evaluated for Impairment Individually and Collectively by Segment (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 10,415	$ 10,826
Collectively evaluated for impairment	374,594	336,396
Total Gross Loans	385,009	347,222
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	10,323	10,542
Collectively evaluated for impairment	328,118	296,561
Total Gross Loans	338,441	307,103
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	92	284
Collectively evaluated for impairment	42,932	34,820
Total Gross Loans	43,024	35,104
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collectively evaluated for impairment	3,544	5,015
Total Gross Loans	$ 3,544	$ 5,015

Allowance for Loan Losses - Int

Allowance for Loan Losses - Internal Risk Rating Grades (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
INTERNAL RISK RATING GRADES
Loan Receivables	$ 161,033	$ 151,305
Pass
INTERNAL RISK RATING GRADES
Loan Receivables	135,703	122,386
Watch
INTERNAL RISK RATING GRADES
Loan Receivables	18,522	20,071
Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	2,030	3,954
Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	4,778	4,894
Construction, Land and Land Development
INTERNAL RISK RATING GRADES
Loan Receivables	39,818	42,129
Construction, Land and Land Development | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	32,009	34,692
Construction, Land and Land Development | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	5,795	5,337
Construction, Land and Land Development | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	180	1,119
Construction, Land and Land Development | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,834	981
Farmland
INTERNAL RISK RATING GRADES
Loan Receivables	1,023	1,030
Farmland | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	1,023	1,030
Commercial Mortgages (Non-Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	35,343	29,086
Commercial Mortgages (Non-Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	30,639	24,258
Commercial Mortgages (Non-Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	4,184	4,564
Commercial Mortgages (Non-Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	272
Commercial Mortgages (Non-Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	248	264
Commercial Mortgages (Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	41,825	43,956
Commercial Mortgages (Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	31,191	33,023
Commercial Mortgages (Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	6,652	4,968
Commercial Mortgages (Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	1,453	2,687
Commercial Mortgages (Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	2,529	3,278
Commercial and Industrial
INTERNAL RISK RATING GRADES
Loan Receivables	43,024	35,104
Commercial and Industrial | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	40,841	29,383
Commercial and Industrial | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	1,891	5,202
Commercial and Industrial | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	125	148
Commercial and Industrial | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	$ 167	$ 371

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Contract	Dec. 31, 2015USD ($)Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Period of nonperforming loans	90 days
Non-accruing loans excluded from impaired loan	$ 465	$ 95
Non-accruing loans accrued interest	$ 5	$ 5
Number of trouble debt restructurings | Contract	16	16
Aggregate balance of trouble debt restructuring	$ 3,200	$ 3,500

Allowance for Loan Losses - Per

Allowance for Loan Losses - Performing and Non Performing Loans (Detail) - USD ($) $ in Thousands		Dec. 31, 2016		Dec. 31, 2015
Performing and non performing loans
Loan receivables		$ 223,976		$ 195,917
Performing
Performing and non performing loans
Loan receivables		221,661		192,780
Nonperforming
Performing and non performing loans
Loan receivables		2,315		3,137
Residential First Mortgages
Performing and non performing loans
Loan receivables		194,007	[1]	164,405	[2]
Residential First Mortgages | Performing
Performing and non performing loans
Loan receivables		191,852	[1]	161,564	[2]
Residential First Mortgages | Nonperforming
Performing and non performing loans
Loan receivables		2,155	[1]	2,841	[2]
Residential Revolving and Junior Mortgages
Performing and non performing loans
Loan receivables		26,425	[3]	26,497	[4]
Residential Revolving and Junior Mortgages | Performing
Performing and non performing loans
Loan receivables		26,265	[3]	26,220	[4]
Residential Revolving and Junior Mortgages | Nonperforming
Performing and non performing loans
Loan receivables		160	[3]	277	[4]
Consumer and Other Loans
Performing and non performing loans
Loan receivables		3,544	[5]	5,015	[6]
Consumer and Other Loans | Performing
Performing and non performing loans
Loan receivables		$ 3,544	[5]	4,996	[6]
Consumer and Other Loans | Nonperforming
Performing and non performing loans
Loan receivables	[6]			$ 19
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016.
[2]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.9 million as of December 31, 2015.
[3]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016.
[4]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $372 thousand as of December 31, 2015.
[5]	No Consumer Loans have been assigned a risk rating grade of Substandard as of December 31, 2016.
[6]	No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2015.

Allowance for Loan Losses - P69

Allowance for Loan Losses - Performing and Non Performing Loans (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016		Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 223,976		$ 195,917
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	194,007	[1]	164,405	[2]
Residential First Mortgages | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	3,300		3,900
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	26,425	[3]	26,497	[4]
Residential Revolving and Junior Mortgages | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	1,100		372
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	3,544	[5]	5,015	[6]
Consumer and Other Loans | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 0		$ 0
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016.
[2]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.9 million as of December 31, 2015.
[3]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016.
[4]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $372 thousand as of December 31, 2015.
[5]	No Consumer Loans have been assigned a risk rating grade of Substandard as of December 31, 2016.
[6]	No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2015.

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		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		$ 6,746	$ 5,424
With no related allowance, Customers' Unpaid Principal Balance		7,140	5,504
With an allowance recorded, Recorded Investment		3,669	5,402
With an allowance recorded, Customers' Unpaid Principal Balance		3,738	5,689
With an allowance recorded, Related Allowance		895	1,534
Total Impaired Loans, Recorded Investment		10,415	10,826
Total Impaired Loans, Customers' Unpaid Principal Balance		10,878	11,193
Total Impaired Loans, Related Allowance		895	1,534
With no related allowance, Average Recorded Investment		6,189	3,975
With no related allowance, Interest Income Recognized		149	123
With an allowance recorded, Average Recorded Investment		3,349	3,847
With an allowance recorded, Interest Income Recognized		127	147
Total, Average Recorded Investment		9,538	7,822
Total, Interest Income Recognized		276	270
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,531	445
With no related allowance, Customers' Unpaid Principal Balance		1,539	451
With an allowance recorded, Recorded Investment		243	262
With an allowance recorded, Customers' Unpaid Principal Balance		286	290
With an allowance recorded, Related Allowance		145	120
Total Impaired Loans, Recorded Investment		1,774	707
Total Impaired Loans, Customers' Unpaid Principal Balance		1,825	741
Total Impaired Loans, Related Allowance		145	120
With no related allowance, Average Recorded Investment		1,316	448
With no related allowance, Interest Income Recognized		55
With an allowance recorded, Average Recorded Investment		253	270
With an allowance recorded, Interest Income Recognized		5	5
Total, Average Recorded Investment		1,569	718
Total, Interest Income Recognized		60	5
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		2,112	3,130
With no related allowance, Customers' Unpaid Principal Balance		2,176	3,166
With an allowance recorded, Recorded Investment		1,951	2,507
With an allowance recorded, Customers' Unpaid Principal Balance		1,951	2,507
With an allowance recorded, Related Allowance		367	308
Total Impaired Loans, Recorded Investment		4,063	5,637
Total Impaired Loans, Customers' Unpaid Principal Balance		4,127	5,673
Total Impaired Loans, Related Allowance		367	308
With no related allowance, Average Recorded Investment		1,956	2,077
With no related allowance, Interest Income Recognized		14	74
With an allowance recorded, Average Recorded Investment		1,956	1,900
With an allowance recorded, Interest Income Recognized		90	90
Total, Average Recorded Investment		3,912	3,977
Total, Interest Income Recognized		104	164
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	[1]	995	233
With no related allowance, Customers' Unpaid Principal Balance	[1]	999	233
With an allowance recorded, Recorded Investment	[1]	544	258
With an allowance recorded, Customers' Unpaid Principal Balance	[1]	546	259
With an allowance recorded, Related Allowance	[1]	199	150
Total Impaired Loans, Recorded Investment	[1]	1,539	491
Total Impaired Loans, Customers' Unpaid Principal Balance	[1]	1,545	492
Total Impaired Loans, Related Allowance	[1]	199	150
With no related allowance, Average Recorded Investment	[1]	808	87
With no related allowance, Interest Income Recognized	[1]	38	5
With an allowance recorded, Average Recorded Investment	[1]	218	204
With an allowance recorded, Interest Income Recognized	[1]	9	11
Total, Average Recorded Investment	[1]	1,026	291
Total, Interest Income Recognized	[1]	47	16
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		248	264
With no related allowance, Customers' Unpaid Principal Balance		248	264
Total Impaired Loans, Recorded Investment		248	264
Total Impaired Loans, Customers' Unpaid Principal Balance		248	264
With no related allowance, Average Recorded Investment		251	264
With no related allowance, Interest Income Recognized		15	16
Total, Average Recorded Investment		251	264
Total, Interest Income Recognized		15	16
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,860	1,352
With no related allowance, Customers' Unpaid Principal Balance		2,178	1,390
With an allowance recorded, Recorded Investment		839	2,091
With an allowance recorded, Customers' Unpaid Principal Balance		854	2,348
With an allowance recorded, Related Allowance		92	678
Total Impaired Loans, Recorded Investment		2,699	3,443
Total Impaired Loans, Customers' Unpaid Principal Balance		3,032	3,738
Total Impaired Loans, Related Allowance		92	678
With no related allowance, Average Recorded Investment		1,858	1,099
With no related allowance, Interest Income Recognized		27	28
With an allowance recorded, Average Recorded Investment		819	1,343
With an allowance recorded, Interest Income Recognized		22	39
Total, Average Recorded Investment		2,677	2,442
Total, Interest Income Recognized		49	67
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
With an allowance recorded, Recorded Investment		92	284
With an allowance recorded, Customers' Unpaid Principal Balance		101	285
With an allowance recorded, Related Allowance		92	278
Total Impaired Loans, Recorded Investment		92	284
Total Impaired Loans, Customers' Unpaid Principal Balance		101	285
Total Impaired Loans, Related Allowance		92	278
With an allowance recorded, Average Recorded Investment		103	130
With an allowance recorded, Interest Income Recognized		1	2
Total, Average Recorded Investment		103	130
Total, Interest Income Recognized		$ 1	$ 2
[1]	Junior mortgages include equity lines.

Allowance for Loan Losses - Sum

Allowance for Loan Losses - Summary of Troubled Debt Restructurings (Detail) $ in Thousands		12 Months Ended
		Dec. 31, 2016USD ($)Loan	Dec. 31, 2015USD ($)Loan
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	[1],[2]	1	2
Pre-Modification Outstanding Recorded Investment	[1],[2]	$ 244	$ 988
Post-Modification Outstanding Recorded Investment	[1],[2]	$ 244	$ 986
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan	[1]		1
Pre-Modification Outstanding Recorded Investment	[1]		$ 105
Post-Modification Outstanding Recorded Investment	[1]		$ 124
Subsequently defaulted number of loans | Loan			1
Subsequently defaulted recorded investment			$ 124
[1]	Modifications were an extention of the loan terms.
[2]	Modifications were capitalization of the interest.

Other Real Estate Owned Net - N

Other Real Estate Owned Net - Net of Valuation Allowances for Losses on Foreclosed Assets (Detail) (Detail) - Valuation Allowance, Other Real Estate Owned - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Real Estate Owned And Other Repossessed Assets [Line Items]
Balance, beginning of year	$ 621	$ 626
Provision for losses	53	288
Charge-offs	(201)	(293)
Balance, end of period	$ 473	$ 621

Other Real Estate Owned Net - C

Other Real Estate Owned Net - Components of Expenses Applicable to Foreclosed Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Real Estate Acquired Through Foreclosure Or Similar Procedures [Line Items]
Net loss on sales of real estate	$ 74	$ 107
Provision for losses	53	288
Operating expenses, net of income	93	68
Total expenses	$ 220	$ 463

Other Real Estate Owned, Net -

Other Real Estate Owned, Net - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Property	Dec. 31, 2015USD ($)Property	Apr. 30, 2015USD ($)
Other Real Estate [Line Items]
No. of Properties	14	16
Other assets
Other Real Estate [Line Items]
Properties marketed for sale, value | $			$ 403
Residential
Other Real Estate [Line Items]
Residential properties collateralized with loan	0
No. of Properties	2	3
Residential | Other assets
Other Real Estate [Line Items]
Properties marketed for sale, value | $	$ 708	$ 708
No. of Properties	1	1

Other Real Estate Owned Net - S

Other Real Estate Owned Net - Summary of Properties Included in Other Real Estate Owned (OREO) (Detail) $ in Thousands	Dec. 31, 2016USD ($)Property	Dec. 31, 2015USD ($)Property
Real Estate Properties [Line Items]
No. of Properties | Property	14	16
Carrying Value | $	$ 2,494	$ 1,870
Residential
Real Estate Properties [Line Items]
No. of Properties | Property	2	3
Carrying Value | $	$ 891	$ 540
Land lots
Real Estate Properties [Line Items]
No. of Properties | Property	7	7
Carrying Value | $	$ 547	$ 413
Convenience Stores
Real Estate Properties [Line Items]
No. of Properties | Property	1	2
Carrying Value | $	$ 59	$ 191
Restaurant
Real Estate Properties [Line Items]
No. of Properties | Property	1	1
Carrying Value | $	$ 55	$ 55
Commercial properties
Real Estate Properties [Line Items]
No. of Properties | Property	3	3
Carrying Value | $	$ 942	$ 671

Premises and Equipment Net - Co

Premises and Equipment Net - Components of Premises and Equipment Included in Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Premises and equipment	$ 24,894	$ 24,651
Less accumulated depreciation	(14,050)	(13,005)
Premises and equipment, net	10,844	11,646
Land and Improvements
Property, Plant and Equipment [Line Items]
Premises and equipment	2,350	2,350
Buildings and Improvements
Property, Plant and Equipment [Line Items]
Premises and equipment	12,221	12,232
Furniture and Equipment
Property, Plant and Equipment [Line Items]
Premises and equipment	$ 10,323	$ 10,069

Premises and Equipment Net - Ad

Premises and Equipment Net - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 1,057	$ 998

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Cash And Short Term Investments [Line Items]
Aggregate amount of time deposits in denominations of $250000 or more	$ 19,200	$ 20,300
Overdraft demand deposits reclassified to loans	51	56
Wholesale deposits	$ 8,500	$ 15,500

Deposits - Schedule of Time Dep

Deposits - Schedule of Time Deposits Maturities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments [Line Items]
2,017	$ 21,234
2,018	34,783
2,019	17,929
2,020	39,028
2,021	15,076
Thereafter	0
Time deposits	$ 128,050	$ 127,388

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Nov. 30, 2015USD ($)Employee	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Defined Contribution Plan Disclosure [Line Items]
Conditional age-1 for availing plan		55 years
Conditional age-2 for availing plan		65 years
Conditional years of service -1 for availing plan		10 years
Conditional years of service-2 for availing plan		5 years
Fixed Income Funds
Defined Contribution Plan Disclosure [Line Items]
Targeted asset allocation percentage		40.00%
Equity Funds
Defined Contribution Plan Disclosure [Line Items]
Targeted asset allocation percentage		60.00%
Four Zero One Retirement Plan
Defined Contribution Plan Disclosure [Line Items]
Employer contributions		$ 193,000	$ 176,000
Four Zero One Retirement Plan | First 3% of Each Participant's Contributions
Defined Contribution Plan Disclosure [Line Items]
Matching contribution to defined contribution plan		100.00%
Percentage of employee's contributions		3.00%
Four Zero One Retirement Plan | Second 3% of Each Participant's Contributions
Defined Contribution Plan Disclosure [Line Items]
Matching contribution to defined contribution plan		50.00%
Percentage of employee's contributions		3.00%
Pension Plan, Defined Benefit
Defined Contribution Plan Disclosure [Line Items]
Accumulated benefit obligation		$ 3,400,000	3,500,000
Expected employer contribution		0
Other Postretirement Benefit Plan, Defined Benefit
Defined Contribution Plan Disclosure [Line Items]
Expected employer contribution		6,000
Employer contributions		$ 8,000	$ 9,000
Other Pension Plan
Defined Contribution Plan Disclosure [Line Items]
Age of early retirement	55 years
Minimum employee service period	10 years
Number of employees participate | Employee	5
Total cost of voluntary early retirement plan	$ 134,000

Employee Benefit Plans - Change

Employee Benefit Plans - Change in Benefit Obligation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Benefit obligation, beginning of year	$ 3,488	$ 3,546
Interest cost	134	131
Actuarial loss (gain)	17	(104)
Benefit payments	(279)	(85)
Settlement loss	38
Benefit obligation, end of year	3,398	3,488
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Benefit obligation, beginning of year	668	771
Service cost	22	23
Interest cost	28	30
Actuarial loss (gain)	(170)	(147)
Benefit payments	(8)	(9)
Benefit obligation, end of year	$ 540	$ 668

Employee Benefit Plans - Chan82

Employee Benefit Plans - Change in Plan Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value of plan assets, beginning of year	$ 2,806
Fair value of plan assets, end of year	2,690	$ 2,806
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value of plan assets, beginning of year	2,806	2,897
Actual return on plan assets	163	(6)
Benefits payments	(279)	(85)
Fair value of plan assets, end of year	2,690	2,806
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contributions	8	9
Benefits payments	$ (8)	$ (9)

Employee Benefit Plans - Define

Employee Benefit Plans - Defined Benefit Plan (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Funded status at the end of the year	$ (708)	$ (682)
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Funded status at the end of the year	$ (540)	$ (668)

Employee Benefit Plans - Amount

Employee Benefit Plans - Amounts Recognized in Accumulated Other Comprehensive Loss (Income) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net loss (gain)	$ 1,316	$ 1,402
Prior service cost	0	0
Net obligation at transition	0	0
Amount recognized	1,316	1,402
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net loss (gain)	(234)	(65)
Prior service cost	0	0
Net obligation at transition	0	0
Amount recognized	$ (234)	$ (65)

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Gain) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	$ 134	$ 131
Expected (return) on plan assets	(189)	(196)
Amortization of prior service cost	0	0
Amortization of net obligation at transition	0	0
Recognized net loss due to settlement	90
Recognized net actuarial loss	77	76
Net periodic benefit (gain) cost	112	11
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	22	23
Interest cost	28	30
Amortization of prior service cost	0	0
Amortization of net obligation at transition	0	0
Net periodic benefit (gain) cost	$ 50	$ 53

Employee Benefit Plans - Other

Employee Benefit Plans - Other Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive (Income) Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net (gain) loss	$ (86)	$ 22
Amortization of prior service cost	0	0
Amortization of net obligation at transition	0	0
Total recognized in other comprehensive loss/(income)	(86)	22
Total recognized in net periodic benefit cost and other comprehensive loss/(income)	26	33
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net (gain) loss	(170)	(147)
Amortization of prior service cost	0	0
Amortization of net obligation at transition	0	0
Total recognized in other comprehensive loss/(income)	(170)	(147)
Total recognized in net periodic benefit cost and other comprehensive loss/(income)	$ (120)	$ (94)

Employee Benefit Plans - Weight

Employee Benefit Plans - Weighted-average Assumptions (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate used for Net Periodic Pension Cost	4.25%	4.00%
Discount Rate used for Disclosure	4.00%	4.25%
Expected return on plan assets	7.50%	7.50%
Rate of compensation increase	0.00%	0.00%
Rate of compensation increase for net periodic pension cost	0.00%	0.00%
Expected future interest crediting rate	3.00%	3.00%
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate used for Net Periodic Pension Cost	4.25%	4.00%
Discount Rate used for Disclosure	4.00%	4.25%
Rate of compensation increase	0.00%	0.00%
Rate of compensation increase for net periodic pension cost	0.00%	0.00%

Employee Benefit Plans - Estima

Employee Benefit Plans - Estimated Future Benefit Payments for Pension and Postretirement Plans (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2,017	$ 523
2,018	38
2,019	358
2,020	380
2,021	228
2022 through 2026	1,228
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2,017	11
2,018	12
2,019	15
2,020	17
2,021	19
2022 through 2026	$ 127

Employee Benefit Plans - Fair V

Employee Benefit Plans - Fair Value of Pension Plan Assets by Asset Category (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets	$ 2,690	$ 2,806
Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets		3
Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets	1,041	1,119
Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets	1,649	1,684
Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets	2,690	2,806
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets		3
Fair Value, Inputs, Level 1 | Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets	1,041	1,119
Fair Value, Inputs, Level 1 | Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan assets	$ 1,649	$ 1,684

Financial Instruments With Of90

Financial Instruments With Off-Balance Sheet Risk - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Loan Purchase Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding loan commitment under financial instrument off balance sheet risk	$ 38,200	$ 42,700
Unused lines of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding loan commitment under financial instrument off balance sheet risk	$ 452	$ 473

Restrictions on Cash Due From B

Restrictions on Cash Due From Banks - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Restricted Cash and Cash Equivalents Items [Line Items]
Federal Reserve	$ 25	$ 25

Other Borrowings - Additional I

Other Borrowings - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Securities sold under repurchase agreements	$ 18,310	$ 7,161
Securities sold under agreements to repurchase, average rates	0.16%	0.15%
Unused lines of Credit
Short-term Debt [Line Items]
Unused lines of credit	$ 21,500	$ 21,500

Debt - Additional Information (

Debt - Additional Information (Detail)	May 28, 2015USD ($)	Sep. 30, 2016USD ($)Loan	Apr. 30, 2016USD ($)Loan	Feb. 29, 2016USD ($)Loan	Dec. 31, 2016USD ($)Loan	Mar. 21, 2017USD ($)Loan	Dec. 31, 2015USD ($)Loan
Debt Instrument [Line Items]
Federal Home Loan Bank advances					$ 35,000,000		$ 40,000,000
Number of FHLB debt advances | Loan					5		7
Number of payments for FHLB debt advances | Loan		3	3	3
Repayment on Federal Home Loan Bank advances		$ 5,000,000	$ 5,000,000	$ 5,000,000
Immediate available credit					$ 74,900,000
Total line of credit					$ 115,900,000
Weighted average interest rate					1.49%		1.17%
Subordinated Debt Due May 2025
Debt Instrument [Line Items]
Current Interest Rate	6.50%				6.50%		6.50%
Debt instrument, maturity date	May 28, 2025
Debt instrument, face amount	$ 7,000,000				$ 7,000,000		$ 7,000,000
Debt instrument, frequency of payment					1st of March and September of each year, commencing September 1, 2015
Fixed Rate Credit | Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances					$ 5,000,000
Federal Home Loan Bank, Advances, Maturity Period, Fixed Rate					3 months
Current Interest Rate					0.49%
Debt instrument, maturity date					Jan. 20, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Six
Debt Instrument [Line Items]
Federal Home Loan Bank advances					$ 10,000,000
Federal Home Loan Bank, Advances, Maturity Period, Fixed Rate					2 months
Current Interest Rate					0.67%
Debt instrument, maturity date					Feb. 28, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Five
Debt Instrument [Line Items]
Federal Home Loan Bank, Advances, Maturity Period, Fixed Rate					11 months
Current Interest Rate					0.995%
Fixed Rate Credit | Federal Home Loan Bank Advances Seven
Debt Instrument [Line Items]
Federal Home Loan Bank, Advances, Maturity Period, Fixed Rate					3 months
Current Interest Rate					0.79%
Fixed Rate Credit | Federal Home Loan Bank Advances Eight
Debt Instrument [Line Items]
Federal Home Loan Bank advances					$ 5,000,000
Number of FHLB debt advances | Loan					2
Fixed Rate Credit | Federal Home Loan Bank Advances Eight | Subsequent Event
Debt Instrument [Line Items]
Federal Home Loan Bank advances						$ 5,000,000
Number of FHLB debt advances | Loan						2

Debt - Advances of Debt (Detail

Debt - Advances of Debt (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 35,000	$ 40,000
Adjustable Rate Hybrid | Federal Home Loan Bank Advances One
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 10,000
Originated	Apr. 12, 2013
Current Interest Rate	3.2575%
Maturity Date	Apr. 13, 2020
Fixed Rate Credit | Federal Home Loan Bank Advances Six
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 10,000
Originated	Dec. 30, 2016
Current Interest Rate	0.67%
Maturity Date	Feb. 28, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Two
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000
Originated	Oct. 20, 2016
Current Interest Rate	0.49%
Maturity Date	Jan. 20, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Three
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000
Originated	Dec. 21, 2015
Current Interest Rate	0.99%
Maturity Date	Jun. 15, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Four
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000
Originated	Dec. 22, 2015
Current Interest Rate	1.08%
Maturity Date	Sep. 15, 2017

Subordinated Debt (Detail)

Subordinated Debt (Detail) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	May 28, 2015
Debt and Financial Instruments [Line Items]
Subordinated debt, net of issuance costs	$ 6,860,000	$ 6,844,000
Subordinated Debt Due May 2025
Debt and Financial Instruments [Line Items]
Debt instrument, face amount	7,000,000	7,000,000	$ 7,000,000
Less: Issuance costs	(140,000)	(156,000)
Subordinated debt, net of issuance costs	$ 6,860,000	$ 6,844,000

Subordinated Debt (Parenthetica

Subordinated Debt (Parenthetical) (Detail)	Dec. 31, 2016	Dec. 31, 2015	May 28, 2015
Subordinated Debt Due May 2025
Debt and Financial Instruments [Line Items]
Debt instrument, coupon percentage	6.50%	6.50%	6.50%

Income Taxes - Expense (Benefit

Income Taxes - Expense (Benefit) for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Expenses [Line Items]
Current	$ 1,054	$ 303
Deferred	(88)	(490)
Income Tax Expense (Benefit), Total	$ 966	$ (187)

Income Taxes - Summary of Reaso

Income Taxes - Summary of Reasons for Differences Between Statutory Federal Income Tax Rates and Effective Tax Rates (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of Statutory Federal Tax Rate [Line Items]
Statutory rate	34.00%	34.00%
Increase (decrease) resulting from:
Tax exempt interest	(6.10%)	(116.90%)
Bank owned life insurance	(2.70%)	(46.90%)
Merger costs	2.50%
Other, net	(0.10%)	25.30%
Effective Income Tax Rate, Total	27.60%	(104.50%)

Income Taxes - Components of Ne

Income Taxes - Components of Net Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets
Allowance for loan losses	$ 908	$ 985
Interest on non-accrual loans	130	89
Other real estate	446	419
Pension plan	242	233
Postretirement benefits	184	227
Unrealized losses (gains) on available-for-sale securities	268	(55)
Deferred compensation	191	162
Stock-based compensation	30	31
Other	27	20
Total deferred tax assets	2,426	2,111
Deferred tax liabilities
Depreciation	(126)	(171)
Amortization of goodwill	(955)	(955)
Net deferred loan fees and costs	(133)	(110)
Other	(58)	(64)
Total deferred tax (liabilities)	(1,272)	(1,300)
Net deferred tax assets	$ 1,154	$ 811

Regulatory Requirements and 100

Regulatory 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
New Capital Conservation Buffer Requirement (to Risk Weighted Assets), Ratio		0.625%
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%
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 101

Regulatory Requirements and Restrictions - Schedule of Bank's Actual Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Jan. 01, 2015	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	$ 51,810	$ 49,305
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	15.02%	15.54%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 27,600	$ 25,380
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	$ 41,087	$ 38,492
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	11.91%	12.13%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 20,700	$ 19,035
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	6.00%	6.00%
Tier 1 Capital (to Average Assets), Actual Amount	$ 41,087	$ 38,492
Tier 1 Capital (to Average Assets), Actual Ratio	8.66%	8.84%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Amount	$ 18,967	$ 17,420
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	$ 41,087	$ 38,492
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	11.91%	12.13%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 15,525	$ 14,276
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.50%	4.50%
Subsidiaries
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk Based Capital (to Risk Weighted Assets), Actual Amount	$ 46,977	$ 42,923
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	13.69%	13.64%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 27,460	$ 25,176
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	$ 34,325	$ 31,471
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	$ 43,114	$ 38,986
Tier 1 Capital (to Risk Weighted Assets), Actual Ratio	12.56%	12.39%
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 20,595	$ 18,882
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	6.00%	6.00%
Tier 1 Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 27,460	$ 25,176
Tier 1 Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	8.00%
Tier 1 Capital (to Average Assets), Actual Amount	$ 43,114	$ 38,986
Tier 1 Capital (to Average Assets), Actual Ratio	9.18%	9.11%
Tier 1 Capital (to Average Assets), Minimum Capital Requirement Amount	$ 18,793	$ 17,125
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	$ 23,491	$ 21,406
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	$ 43,114	$ 38,986
Total Risk Based Capital (to Risk Weighted Assets), Actual Ratio	12.56%	12.39%
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Amount	$ 15,446	$ 14,162
Total Risk Based Capital (to Risk Weighted Assets), Minimum Capital Requirement Ratio	4.50%	4.50%
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 22,311	$ 20,456
Total Risk Based Capital (to Risk Weighted Assets), Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%	6.50%

Employee Stock Ownership Plan -

Employee Stock Ownership Plan - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)Ageshares	Dec. 31, 2015USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontributory employee stock ownership plan, service period eligibility	12 months
Noncontributory employee stock ownership plan, age eligibility | Age	21
Allocations, as a percentage of eligible participant compensation	25.00%
Participant accounts vested after two years	30.00%
Participant accounts vested after three years	40.00%
Participant accounts vested each year, from fourth year till 100% vested	20.00%
Participant accounts, total vested	100.00%
Allocated shares | shares	113,161
Contributions to the plan	$ 67,000	$ 50,000
Dividends on the company's stock held by the ESOP	$ 0	$ 0

Stock-Based Compensation Pla103

Stock-Based Compensation Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant	338,209
Stock-based compensation expense	$ 60,000	$ 63,000
Unrecognized compensation expenses related to stock award	$ 0
Options granted	29,500	28,500
Options vested	29,500	28,500
Grant One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of options granted during the period	$ 2.14	$ 2.17
Grant Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of options granted during the period	$ 2	$ 2.28

Stock-Based Compensation - Fair

Stock-Based Compensation - Fair Value of Options (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate (5 year Treasury)	1.94%
Risk free interest rate minimum(5 year Treasury)		1.52%
Risk free interest rate maximum (5 year Treasury)		1.68%
Expected dividend yield	0.00%	0.00%
Expected term (years)	5 years	5 years
Expected volatility minimum	24.50%	40.60%
Expected volatility maximum	40.10%	47.10%

Stock-Based Compensation - F105

Stock-Based Compensation - Fair Value of Options (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
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 ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, beginning		211,185	190,419
Granted, shares		29,500	28,500
Forfeited, shares		(13,787)
Exercised, shares		0	0
Expired, shares		(8,598)	(7,734)
Options outstanding, ending		218,300	211,185	190,419
Options outstanding, beginning, Weighted Average Exercise Price		$ 6.57	$ 7.02
Options exercisable, ending		218,300
Granted, Weighted Average Exercise Price		$ 7.24	5.65
Forfeited, Weighted Average Exercise Price		5.90
Exercised, Weighted Average Exercise Price		0	0
Expired, Weighted Average Exercise Price		12.84	14.43
Options outstanding, ending, Weighted Average Exercise Price		6.35	$ 6.57	$ 7.02
Options exercisable, ending, Weighted Average Exercise Price		$ 6.35
Options outstanding, ending, Weighted Average Remaining Contractual Life		5 years 10 months 24 days	6 years	6 years 2 months 12 days
Options exercisable, ending, Weighted Average Remaining Contractual Life		5 years 10 months 24 days
Options outstanding, ending, Aggregate Intrinsic Value	[1]	$ 378,288	$ 81,248
Options exercisable, ending, Aggregate Intrinsic Value	[1]	$ 378,288
[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 December 31, 2016. This amount changes based on changes in the market value of the Company's common stock.

Earnings per share - Weighted A

Earnings per share - Weighted Average Number of Shares Used in Computing Earnings Per Share (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Basic earnings per share	4,774,856	4,791,722
Effect of dilutive securities:
Stock options	25,090	13,596
Diluted earnings per share	4,799,946	4,805,318
Basic earnings per share	$ 0.53	$ 0.08
Diluted earnings per share	$ 0.53	$ 0.08

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	62,541	89,473

Related Parties - Additional In

Related Parties - Additional Information (Detail) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	May 28, 2015
Related Party Transaction [Line Items]
Unfunded commitments to extend credit and related interest	$ 2,000,000	$ 1,600,000
Aggregate amount of deposit accounts	696,000	499,000
Subordinated Debt Due May 2025
Related Party Transaction [Line Items]
Debt instrument, face amount	$ 7,000,000	$ 7,000,000	$ 7,000,000
Debt instrument, coupon percentage	6.50%	6.50%	6.50%
Amount owed to related parties	$ 291,000
Key Employees
Related Party Transaction [Line Items]
Loans and Leases Receivable Related Parties	$ 8,863,000	$ 2,570,000
Related Parties | Subordinated Debt Due May 2025
Related Party Transaction [Line Items]
Debt instrument, face amount			$ 285,000

Related Parties - Related Parti

Related Parties - Related Parties (Detail) - Key Employees $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Related Party Transaction [Line Items]
Beginning Balance	$ 2,570
New loans and extensions to existing loans	6,818
Repayments and other reductions	(525)
Ending Balance	$ 8,863

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - Fair Value, Measurements, Recurring - Fair Value, Inputs, Level 3 - Mortgage Servicing Rights $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)$ / Loan	Dec. 31, 2015Loan$ / 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 | $ / Loan	6	6
Average PSA assumed rate	150.00%	163.00%
Discount rate	14.00%	11.00%
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%
Available-for-sale Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Level 1 securities moved to Level 2, amount	$ 1.6
Level 2 securities moved to Level 3, amount	$ 1.5

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	Dec. 31, 2016	Dec. 31, 2015
Securities available for sale:
Securities available-for-sale	$ 51,173	$ 54,090
Mortgage servicing rights	671	658
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,690	2,806
Corporate Bonds
Securities available for sale:
Securities available-for-sale	7,704	3,945
US Government Agencies
Securities available for sale:
Securities available-for-sale	25,313	21,288
State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	18,156	28,857
Cash and Cash Equivalents
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets		3
Fixed Income Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,041	1,119
Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,649	1,684
Fair Value, Inputs, Level 1
Securities available for sale:
Securities available-for-sale		1,216
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,690	2,806
Fair Value, Inputs, Level 1 | US Government Agencies
Securities available for sale:
Securities available-for-sale		1,216
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets		3
Fair Value, Inputs, Level 1 | Fixed Income Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,041	1,119
Fair Value, Inputs, Level 1 | Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,649	1,684
Fair Value, Inputs, Level 2
Securities available for sale:
Securities available-for-sale	43,469	48,929
Fair Value, Inputs, Level 2 | US Government Agencies
Securities available for sale:
Securities available-for-sale	25,313	20,072
Fair Value, Inputs, Level 2 | State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	18,156	28,857
Fair Value, Inputs, Level 3
Securities available for sale:
Securities available-for-sale	7,704	3,945
Mortgage servicing rights	671	658
Fair Value, Inputs, Level 3 | Corporate Bonds
Securities available for sale:
Securities available-for-sale	$ 7,704	$ 3,945

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of Items Using Level Three Inputs (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 658
Impairments	0
Fair value adjustments	13
Sales	0
Ending balance	671
Corporate Bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	3,945
Purchases	3,750
Impairments	0
Fair value adjustments	9
Sales	0
Ending balance	$ 7,704

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	$ 2,774	$ 3,868
Other real estate owned, net	2,494	1,870
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	2,774	3,868
Other real estate owned, net	$ 2,494	$ 1,870

Fair Value Measurements - Su115

Fair Value Measurements - Summary of Quantitative Fair Value Measurements for Level 3 (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired Loans, net	$ 2,774	$ 3,868
Other real estate owned, net	$ 2,494	$ 1,870
Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Lack of Marketability	50.00%
Minimum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	10.00%	10.00%
Unobservable Input, Lack of Marketability		50.00%
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	10.00%	10.00%
Maximum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	20.00%	25.00%
Unobservable Input, Lack of Marketability		60.00%
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	16.00%	13.00%
Unobservable Input, Lack of Marketability	50.00%	51.00%
Weighted Average | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	5.00%	4.00%
Unobservable Input, Lack of Marketability	11.00%	12.00%

Fair Value Measurements - Estim

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financial Assets:
Cash and due from banks	$ 4,851	$ 4,969
Interest-bearing deposits	7,501	15,330
Certificates of deposit	4,216	5,735
Federal funds sold	2,350	271
Securities available-for-sale	51,173	54,090
Restricted securities	2,649	2,731
Loans, net	381,537	343,323
Loans held for sale	276	270
Accrued interest receivable	1,372	1,318
Mortgage servicing rights	671	658
Financial Liabilities:
Non-interest-bearing liabilities	74,799	65,842
Savings and other interest-bearing deposits	178,869	166,628
Time deposits	128,050	127,388
Securities sold under repurchase agreements	18,310	7,161
FHLB advances	35,000	40,000
Subordinated debt	6,860	6,844
Accrued interest payable	331	318
Financial Assets:
Cash and due from banks	4,851	4,969
Interest-bearing deposits	7,501	15,330
Certificates of deposit	4,216	5,735
Federal funds sold	2,350	271
Securities available-for-sale	51,173	54,090
Restricted securities	2,649	2,731
Loans, net	384,468	347,500
Loans held for sale	276	270
Accrued interest receivable	1,372	1,318
Mortgage servicing rights	671	658
Financial Liabilities:
Non-interest-bearing liabilities	74,799	65,842
Savings and other interest-bearing deposits	178,869	166,628
Time deposits	127,497	127,433
Securities sold under repurchase agreements	18,310	7,161
FHLB advances	35,668	40,855
Subordinated debt	7,000	7,000
Accrued interest payable	331	318
Fair Value, Inputs, Level 1
Financial Assets:
Securities available-for-sale		1,216
Financial Assets:
Cash and due from banks	4,851	4,969
Interest-bearing deposits	7,501	15,330
Federal funds sold	2,350	271
Securities available-for-sale		1,216
Financial Liabilities:
Non-interest-bearing liabilities	74,799	65,842
Fair Value, Inputs, Level 2
Financial Assets:
Securities available-for-sale	43,469	48,929
Financial Assets:
Certificates of deposit	4,216	5,487
Securities available-for-sale	43,469	48,929
Accrued interest receivable	1,372	1,318
Financial Liabilities:
Savings and other interest-bearing deposits	178,869	166,628
Securities sold under repurchase agreements	18,310	7,161
FHLB advances	35,668	40,855
Accrued interest payable	331	318
Fair Value, Inputs, Level 3
Financial Assets:
Securities available-for-sale	7,704	3,945
Financial Assets:
Certificates of deposit		248
Securities available-for-sale	7,704	3,945
Restricted securities	2,649	2,731
Loans, net	384,468	347,500
Loans held for sale	276	270
Mortgage servicing rights	671	658
Financial Liabilities:
Time deposits	127,497	127,433
Subordinated debt	$ 7,000	$ 7,000

Leases - Additional Information

Leases - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Branch	Dec. 31, 2015USD ($)
Operating Leased Assets [Line Items]
Number of retail branches | Branch	3
Lease expense | $	$ 179	$ 168

Future Minimum Lease payments f

Future Minimum Lease payments for Long-term Non-cancelable Lease agreements (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Operating Leased Assets [Line Items]
2,017	$ 115
2,018	83
2,020	28
2,021	0
2,022	0
Thereafter	0
Operating Leases, Future Minimum Payments Due, Total	$ 226

Condensed Financial Informat119

Condensed Financial Information of Parent Company - Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and due from non-affiliated banks	$ 4,851	$ 4,969
Interest-bearing deposits	7,501	15,330
Certificates of deposit	4,216	5,735
Other assets	4,099	3,682
Total assets	486,710	456,296
LIABILITIES
Subordinated debt	6,860	6,844
Other liabilities	3,117	2,864
Total liabilities	445,005	416,727
Total shareholders' equity	41,705	39,569	$ 39,238
Total liabilities and shareholders' equity	486,710	456,296
Parent Company
ASSETS
Cash and due from non-affiliated banks	990	149
Interest-bearing deposits	168	1,902
Certificates of deposit	1,240	2,480
Investments in subsidiaries	45,510	41,591
Other assets	1,680	1,920
Total assets	49,588	48,042
LIABILITIES
Subordinated debt	6,860	6,844
Deferred directors' compensation	561	477
Other liabilities	462	1,152
Total liabilities	7,883	8,473
Total shareholders' equity	41,705	39,569
Total liabilities and shareholders' equity	$ 49,588	$ 48,042

Condensed Financial Informat120

Condensed Financial Information of Parent Company - Condensed Income Statements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Interest income	$ 17,936	$ 16,253
Interest expense	3,525	3,034
Net interest expense	14,411	13,219
Non-interest income	4,610	3,359
Non-interest expense	15,233	14,802
Income tax benefit	966	(187)
Net income	2,535	366
Parent Company
Condensed Financial Statements, Captions [Line Items]
Interest income	17	6
Interest expense	472	279
Net interest expense	(455)	(273)
Non-interest income	678	629
Non-interest expense	1,261	839
Loss before income taxes and equity in undistributed earnings of subsidiaries	(1,038)	(483)
Income tax benefit	(194)	(28)
Loss before equity in undistributed earnings of subsidiaries	(844)	(455)
Equity in undistributed earnings of subsidiaries	3,379	821
Net income	$ 2,535	$ 366

Condensed Financial Informat121

Condensed Financial Information of Parent Company - Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash Flows from Operating Activities:
Net income	$ 2,535	$ 366
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of debt issuance costs	16	10
Stock-based compensation	60	63
(Decrease) increase in other liabilities	506	351
Net cash provided by operating activities	3,899	2,587
Cash Flows from Investing Activities:
Maturities (purchases) of certificates of deposit	1,488	1,240
Net cash used in investing activities	(39,855)	(68,266)
Cash Flows from Financing Activities:
Proceeds from the issuance of subordinated debt		6,834
Repurchase of common stock		(243)
Net cash provided by financing activities	28,009	65,013
Net decrease in cash and due from banks	(7,947)	(666)
Parent Company
Cash Flows from Operating Activities:
Net income	2,535	366
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of debt issuance costs	16	10
Stock-based compensation	60	63
Equity in undistributed earnings of subsidiaries	(3,379)	(821)
Decrease (increase) in other assets	240	(187)
Net change in deferred directors' compensation	83	63
(Decrease) increase in other liabilities	(688)	1
Net cash provided by operating activities	(1,133)	(505)
Cash Flows from Investing Activities:
Maturities (purchases) of certificates of deposit	1,240	(2,480)
Investment in subsidiaries	(1,000)	(4,000)
Net cash used in investing activities	240	(6,480)
Cash Flows from Financing Activities:
Proceeds from the issuance of subordinated debt		6,834
Repurchase of common stock		(243)
Net cash provided by financing activities		6,591
Net decrease in cash and due from banks	(893)	(394)
Cash and cash equivalents at January 1	2,051	2,445
Cash and cash equivalents at December 31	$ 1,158	$ 2,051

Accumulated Other Comprehens122

Accumulated Other Comprehensive Income - Balances in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	$ 39,569	$ 39,238
Other comprehensive income before reclassifications, net of tax expense (benefit)	(340)	90
Reclassification for previously unrealized net gains recognized in income, net of tax expense	(287)	(28)
Net gain on pension and postretirement plans, net of tax expense	168	83
Balance at end of period	41,705	39,569
Net Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	107	45
Other comprehensive income before reclassifications, net of tax expense (benefit)	(340)	90
Reclassification for previously unrealized net gains recognized in income, net of tax expense	(287)	(28)
Balance at end of period	(520)	107
Pension and Post employment costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(883)	(966)
Net gain on pension and postretirement plans, net of tax expense	168	83
Balance at end of period	(715)	(883)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(776)	(921)
Balance at end of period	$ (1,235)	$ (776)

Accumulated Other Comprehens123

Accumulated Other Comprehensive Income - Balances in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income before reclassifications, tax expense (benefit)	$ 175	$ 46
Reclassification for previously unrealized net gains recognized in income, tax expense	148	14
Net gain pension and postretirement plans, tax expense	87	42
Net Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income before reclassifications, tax expense (benefit)	175	46
Reclassification for previously unrealized net gains recognized in income, tax expense	148	14
Pension and Post employment costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net gain pension and postretirement plans, tax expense	$ 87	$ 42

Accumulated Other Comprehens124

Accumulated Other Comprehensive Income - Reclassification for unrealized gains and impairments on securities and pension and postemployment related costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	$ (7,799)	$ (8,001)
Tax (expense) benefit	(966)	187
Net Unrealized Gains (Losses) on Securities | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net gains on sale of securities available-for-securities	435	42
Tax (expense) benefit	(148)	(14)
Impact on net income	287	28
Pension and Post employment costs | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	(77)	(76)
Tax (expense) benefit	26	29
Impact on net income	$ (51)	$ (47)

Subsequent Event- Additional In

Subsequent Event- Additional Information (Detail) - shares		Mar. 15, 2017	Dec. 31, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Common stock, authorized shares	[1]		30,000,000	30,000,000
Subsequent Event | Minimum
Subsequent Event [Line Items]
Common stock, authorized shares		10,000,000
Subsequent Event | Maximum
Subsequent Event [Line Items]
Common stock, authorized shares		30,000,000
[1]	On March 15, 2017, the Company's shareholders voted to increase the authorized shares. Refer to Note 26.