Bay Banks of Virginia (BAYK) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	BAYK
Entity Registrant Name	BAY BANKS OF VIRGINIA INC
Entity Central Index Key	1,034,594
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		9,400,638

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	[1]
ASSETS
Cash and due from banks	$ 7,454	$ 4,851
Interest-bearing deposits	26,998	7,945
Certificates of deposit	3,224	4,216
Federal funds sold	6,559	1,906
Securities available-for-sale, at fair value	54,448	51,173
Restricted securities	4,662	2,649
Loans receivable, net of allowance for loan losses of $4,241 and $3,863	645,701	381,537
Loans held for sale	55,620	276
Premises and equipment, net	17,070	10,844
Accrued interest receivable	2,624	1,372
Other real estate owned, net	5,360	2,494
Bank owned life insurance	18,508	9,869
Goodwill	8,966	2,808
Mortgage servicing rights	989	671
Core deposit intangible	3,436
Other assets	5,773	4,099
Total assets	867,392	486,710
LIABILITIES
Noninterest-bearing deposits	97,299	74,799
Savings and interest-bearing demand deposits	282,056	178,869
Time deposits	309,619	128,050
Total deposits	688,974	381,718
Securities sold under repurchase agreements	10,786	18,310
Federal Home Loan Bank advances	70,000	35,000
Subordinated debt, net of issuance costs	6,868	6,860
Other liabilities	6,286	3,117
Total liabilities	782,914	445,005
SHAREHOLDERS' EQUITY
Common stock ($5 par value; authorized - 30,000,000 shares; outstanding - 9,399,138 and 4,774,856 shares, respectively)	46,996	23,874
Additional paid-in capital	23,111	2,872
Unearned employee stock ownership plan shares	(911)
Retained earnings	16,197	16,194
Accumulated other comprehensive loss, net	(915)	(1,235)
Total shareholders' equity	84,478	41,705
Total liabilities and shareholders' equity	$ 867,392	$ 486,710
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	[1]
Loans, allowance for loan losses	$ 4,241	$ 3,863
Common stock, par value	$ 5	$ 5
Common stock, authorized shares	30,000,000	30,000,000
Common stock, outstanding shares	9,399,138	4,774,856
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
INTEREST INCOME
Loans, including fees	$ 8,326	$ 4,013	$ 12,714	$ 7,987
Securities:
Taxable	348	211	617	418
Tax-exempt	114	135	228	271
Federal funds sold	33	1	34	1
Interest-bearing deposit accounts	53	12	60	27
Certificates of deposit	18	20	37	42
Total interest income	8,892	4,392	13,690	8,746
INTEREST EXPENSE
Deposits	1,077	641	1,707	1,286
Federal funds purchased		1	10	1
Securities sold under repurchase agreements	4	4	7	6
Subordinated debt	119	118	236	236
FHLB advances	248	117	402	242
Total interest expense	1,448	881	2,362	1,771
Net interest income	7,444	3,511	11,328	6,975
Provision for loan losses	568	183	758	148
Net interest income after provision for loan losses	6,876	3,328	10,570	6,827
NON-INTEREST INCOME
Income from fiduciary activities	229	236	474	443
Service charges and fees on deposit accounts	246	228	458	455
VISA-related fees	49	59	48	105
Non-deposit product income	115	74	195	180
Other service charges and fees	184	149	355	297
Secondary market lending income	86	223	201	300
Increase in cash surrender value of life insurance	133	61	208	124
Net gains on sale of securities available for sale	7	104	2	110
Other real estate gains (losses)	3	(53)	(93)	(88)
Other income	91	3	152	16
Total non-interest income	1,143	1,084	2,000	1,942
NON-INTEREST EXPENSES
Salaries and employee benefits	3,321	1,815	6,145	3,870
Occupancy expense	693	451	1,132	899
Software maintenance	394	181	598	342
Bank franchise tax	142	61	218	121
VISA expense	15	22	35	61
Telephone expense	76	35	104	66
FDIC assessments	111	103	196	184
Foreclosure property expense	59	17	69	29
Consulting expense	97	74	151	129
Advertising and marketing	54	59	127	101
Directors' fees	209	65	331	144
Audit and accounting fees	217	56	245	157
Merger expense	685		985
Intangible amortization	234		234
Other expense	901	697	1,487	1,213
Total non-interest expenses	7,208	3,636	12,057	7,316
Net income before income taxes	811	776	513	1,453
Income tax expense	254	190	133	343
Net income	$ 557	$ 586	$ 380	$ 1,110
Basic Earnings Per Share
Average basic shares outstanding	9,233,615	4,774,856	7,017,907	4,774,856
Earnings per share, basic	$ 0.06	$ 0.12	$ 0.05	$ 0.23
Diluted Earnings Per Share
Average diluted shares outstanding	9,304,796	4,794,783	7,084,430	4,792,574
Earnings per share, diluted	$ 0.06	$ 0.12	$ 0.05	$ 0.23

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income	$ 557	$ 586	$ 380	$ 1,110
Unrealized gains on securities:
Unrealized holding gains arising during the period	445	385	485	893
Deferred tax expense	(150)	(130)	(164)	(303)
Reclassification of net securities gains recognized in net income	(7)	(104)	(2)	(110)
Deferred tax expense	2	35	1	37
Unrealized gains adjustment, net of tax	290	186	320	517
Total other comprehensive income	290	186	320	517
Comprehensive income	$ 847	$ 772	$ 700	$ 1,627

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total		Unearned Employee Stock Ownership Plan Shares	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2015							$ (776)
Net income	$ 1,110
Other comprehensive income	517
Balance at end of period at Jun. 30, 2016							(259)
Balance at beginning of period at Mar. 31, 2016							(445)
Net income	586
Other comprehensive income	186
Balance at end of period at Jun. 30, 2016							(259)
Balance at beginning of period at Dec. 31, 2016	$ 41,705	[1]		$ 23,874	$ 2,872	$ 16,194	(1,235)
Balance at beginning of period, Shares at Dec. 31, 2016	4,774,856	[1]		4,774,856
Net income	$ 380					380
Dividends declared	(377)					(377)
Other comprehensive income	320						320
Issuance of common stock in connection with Virginia BanCorp acquisition	42,245		$ (911)	$ 22,931	20,225
Issuance of common stock in connection with Virginia BanCorp acquisition, Shares				4,586,221
Stock options exercised	$ 138			$ 121	17
Stock options exercised, Shares	24,061			24,061
Restricted shares granted				$ 70	(70)
Restricted shares granted, Shares				14,000
Stock-based compensation expense	$ 67				67
Balance at end of period at Jun. 30, 2017	$ 84,478		(911)	$ 46,996	23,111	16,197	(915)
Balance at end of period, Shares at Jun. 30, 2017	9,399,138			9,399,138
Balance at beginning of period at Mar. 31, 2017							(1,205)
Net income	$ 557
Other comprehensive income	290
Balance at end of period at Jun. 30, 2017	$ 84,478		$ (911)	$ 46,996	$ 23,111	$ 16,197	$ (915)
Balance at end of period, Shares at Jun. 30, 2017	9,399,138			9,399,138
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Consolidated Statements of Cha7

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical)	6 Months Ended
	Jun. 30, 2017$ / shares
Dividends declared per share	$ 0.04

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows From Operating Activities
Net income	$ 380,000	$ 1,110,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	639,000	528,000
Net premium amortization and discount accretion of securities	183,000	217,000
Amortization of core deposit intangible	234,000
Accretion of time deposits	(117,000)
Amortization of subordinated debt issuance costs	8,000	8,000
Accretion of loan discount	(451,000)
Provision for loan losses	758,000	148,000
Stock compensation expense	67,000	16,000
Deferred tax benefit	(8,000)	(6,000)
(Gains) on securities available-for-sale	(2,000)	(110,000)
Increase in OREO valuation allowance	109,000	53,000
(Gain) loss on sale of other real estate	(16,000)	35,000
Decrease in mortgage servicing rights	6,000	38,000
Loan originations for sale	(5,719,000)	(9,035,000)
Loan sales	5,788,000	8,274,000
Gain on sold loans	(51,000)	(221,000)
Increase in cash surrender value of life insurance	(208,000)	(124,000)
Decrease in accrued income and other assets	312,000	227,000
Increase in other liabilities	297,000	202,000
Net cash provided by operating activities	2,209,000	1,360,000
Cash Flows From Investing Activities
Proceeds from maturities and principal paydowns of available-for-sale securities	2,198,000	1,683,000
Proceeds from sales and calls of available-for-sale securities	17,662,000	9,097,000
Maturities of certificates of deposit	992,000	248,000
Purchases of available-for-sale securities and certificates of deposit	(743,000)	(9,995,000)
(Purchases) sales of restricted securities	(470,000)	309,000
Loan (originations) and principal collections, net	(52,157,000)	(6,840,000)
Principal payments on loans held for sale	279
Cash acquired in the merger with Virginia Commonwealth	14,698,000
Proceeds from sale of other real estate	412,000	227,000
Proceeds from sale of equipment	6,000
Purchases of premises and equipment	(836,000)	(114,000)
Net cash used in investing activities	(17,959,000)	(5,385,000)
Cash Flows From Financing Activities
Net (decrease) increase in demand, savings, and other interest-bearing deposits	(20,071,000)	18,762,000
Net increase in time deposits	59,516,000	409,000
Stock options exercised	138,000
Net (decrease) increase in securities sold under repurchase agreements	(7,524,000)	1,021,000
Increase (decrease) in Federal Home Loan Bank advances	10,000,000	(10,000,000)
Net cash provided by financing activities	42,059,000	10,192,000
Net increase in cash and due from banks	26,309,000	6,167,000
Cash and cash equivalents (including interest-earning deposits) at beginning of period	14,702,000	20,570,000
Cash and cash equivalents (including interest-earning deposits) at end of period	41,011,000	26,737,000
Cash paid for:
Interest	2,718,000	1,758,000
Income taxes	550,000	70,000
Non-cash investing and financing:
Unrealized gain on investment securities	483,000	783,000
Loans transferred to other real estate owned	259,000	1,203,000
Loans originated to facilitate sale of OREO	190,000	116,000
Changes in deferred taxes resulting from OCI transactions	163,000	266,000
Transfer of loans to held for sale		$ 1,173,000
Business combination:
Assets acquired, net of cash acquired	315,845,000
Liabilities assumed	294,454,000
Net assets acquired, net of cash acquired	21,391,000
Dividends declared	$ 377,000

General

General	6 Months Ended
	Jun. 30, 2017
General	Note 1: General Bay Banks of Virginia, Inc. (the “Company”) owns 100% of Virginia Commonwealth Bank, formerly named Bank of Lancaster (refer to Note 2) (the “Bank”), 100% of VCB Financial Group, Inc., formerly known as Bay Trust (the “VCBFG”) and 100% of Steptoes Holdings, LLC (“Steptoes Holdings”). The consolidated financial statements include the accounts of the Bank, VCBFG, Steptoes Holdings and Bay Banks of Virginia, Inc. These June 30, 2017 consolidated financial statements reflect combined operations of the business combination of the Company and Virginia BanCorp Inc. effective April 1, 2017, and described further in Note 2. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and to the general practices within the banking industry. In management’s opinion, all adjustments, consisting only of normal recurring adjustments necessary for a fair presentation of the consolidated financial statements, have been included. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year or for any other interim periods. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K Certain amounts presented in the consolidated financial statements of prior periods have been reclassified to conform to current year presentations. The reclassifications had no effect on net income, net income per share or shareholders’ equity as previously reported.

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2017
Business Combination	Note 2: Business Combination On April 1, 2017, the Company and Virginia BanCorp Inc. (“Virginia BanCorp”), a bank holding company conducting substantially all of its operations through its subsidiary Virginia Commonwealth Bank, completed a merger pursuant to the Agreement and Plan of Merger, dated as of November 2, 2016, by and between the Company and Virginia BanCorp. The Company is the surviving corporation in the merger and the former shareholders of Virginia BanCorp received 1.178 shares of the Company’s common stock for each share of Virginia BanCorp common stock they owned immediately prior to the merger, for a total issuance of 4,586,221 shares of the Company’s common stock valued at approximately $42.2 million. As of the completion of the merger, the Company’s legacy shareholders owned approximately 51% of the outstanding common stock of the Company and Virginia BanCorp’s former shareholders owned approximately 49% of the outstanding common stock of the Company. After the merger of Virginia BanCorp with and into the Company, Virginia BanCorp’s subsidiary bank was merged with and into Bank of Lancaster, and immediately thereafter Bank of Lancaster changed its name to Virginia Commonwealth Bank. Bank operating systems are being consolidated and are expected to be completed during the fourth quarter of 2017. The acquisition was accounted for using the acquisition method of accounting in accordance with Accounting Standards Codification 805, Business Combinations The following table details the total consideration paid by the Company on April 1, 2017 in connection with the acquisition of Virginia BanCorp, the fair value of the assets acquired and liabilities assumed, and the resulting goodwill. (Dollars in thousands) As Recorded Fair Value As Recorded Consideration paid: Bay Banks of Virginia, Inc. common stock $ 42,247 Identifiable assets acquired: Cash and due from banks $ 2,356 $ — $ 2,356 Interest-bearing deposits 12,342 — 12,342 Securities available-for-sale 22,088 — 22,088 Restricted securities 1,543 — 1,543 Loans receivable 216,831 (4,259 ) 212,572 Loans held for sale 55,648 — 55,648 Deferred income taxes 1,325 (500 ) 825 Premises and equipment 3,333 2,703 6,036 Accrued interest receivable 1,253 (24 ) 1,229 Other real estate owned 3,113 — 3,113 Core deposit intangible — 3,670 3,670 Bank owned life insurance 8,430 — 8,430 Mortgage servicing rights 324 — 324 Other assets 367 — 367 Total identified assets acquired 328,953 1,590 330,543 Identifiable liabilities assumed: Noninterest-bearing deposits 21,119 — 21,119 Savings and interest-bearing demand deposits 124,640 — 124,640 Time deposits 121,437 733 122,170 Federal Home Loan Bank advances 25,000 — 25,000 Other liabilities 1,525 — 1,525 Total identifiable liabilities assumed 293,721 733 294,454 Total identifiable assets assumed $ 35,232 $ 857 $ 36,089 Goodwill resulting from acquisition $ 6,158 Fair value of the major categories of assets acquired and liabilities assumed were determined as follows: Loans The acquired loans were recorded at fair value at the acquisition date of $268.2 million without carryover of Virginia BanCorp’s allowance for loan losses. Where loans exhibited characteristics of performance, fair value was determined based on a discounted cash flow analysis which included default estimates; loans without such characteristics, fair value was determined based on the estimated values of the underlying collateral. While estimating the amount and timing of both principal and interest cash flows expected to be collected, a market-based discount rate was applied. In this regard, the acquired loans were segregated into pools based on loan type and credit risk. Loan type was determined based on collateral type and purpose, industry segment and loan structure. Credit risk characteristics included risk rating groups pass, special mention, substandard, and doubtful and lien position. For valuation purposes, these pools were further disaggregated by maturity and pricing characteristics (e.g., fixed-rate, adjustable-rate, balloon maturities). At April 1, 2017, the gross contractual amounts of receivable and the fair value for the purchased credit impaired loans (“PCI”) were $8.3 million, while the estimated cash flows not expected to be collected were approximately $7.4 million. Information about the PCI loan portfolio at April 1, 2017 is as follows: (Dollars in thousands) April 1, 2017 Contractual principal and interest due $ 8,303 Nonaccretable difference 869 Expected cash flows 7,434 Accretable yield 1,354 Purchase credit impaired loans - estimated fair value $ 6,080 Loans which totaled approximately $55.4 million which were acquired are held for sale. These loans are under a pending contract to be sold to a third party and have been adjusted to the contract price adjusted for principal repayments. Premises and Equipment The fair value of Virginia BanCorp premises, including land, buildings and improvements, was determined based upon appraisal by licensed appraisers. These appraisals were based upon the best and highest use of the property with final values determined based upon an analysis of the cost, sales comparison and income capitalization approaches for each property appraised. The fair value of premises and equipment resulted in a $2.7 million fair value adjustment. Land is not depreciated. Core Deposit Intangible The fair value of the core deposit intangible (“CDI”) was determined based on a combined discounted economic benefit and market approach. The economic benefit was calculated as the cost savings between maintaining the core deposit base and using an alternate funding source, such as Federal Home Loan Bank of Atlanta (“FHLB”) advances. The life of the deposit base and projected deposit attrition rates was determined using Virginia BanCorp’s historical deposit data. The CDI fair value was estimated at $3.7 million or 2.52% of acquired deposits, excluding time deposits. The CDI is being amortized over a weighted average life of 92 months using a sum-of-the-months Time Deposits The fair value adjustment of time deposits represents a premium over the value of the contractual repayments of fixed-maturity deposits using prevailing market interest rates for similar term certificates of deposit. The resulting estimated fair value adjustment of certificates of deposit ranging in maturity from one month to five years is a $733 thousand premium and is being amortized into income on a level-yield basis over the weighted average remaining life. FHLB Advances The fair value of FHLB advances was considered to be equivalent to Virginia BanCorp’s recorded book balance as the advances matured in April 30, 2017. Deferred Tax Assets and Liabilities Certain deferred tax assets and liabilities were carried over to the Company from Virginia BanCorp based on the Company’s ability to utilize them in the future. Additionally, deferred tax assets and liabilities were established for acquisition accounting fair value adjustments as the future amortization/accretion of these adjustments represent temporary differences between book income and taxable income. Pro Forma Financial Information The table below illustrates the unaudited pro forma revenue and net income of the combined entities had the acquisition taken place on January 1, 2016. The unaudited combined pro forma revenue and net income combines the historical results of Virginia BanCorp with the Company’s consolidated statements of income for the period listed below, and while certain adjustments were made for the estimated effect of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition actually taken place on January 1, 2016. Acquisition related expenses of $685 thousand and $985 thousand were included in the Company’s actual consolidated statements of income for the three and six months ended June 30, 2017, respectively, but were excluded from the unaudited pro forma information listed below. Legacy Virginia BanCorp incurred $174 thousand of merger related expenses during the first three months of 2017 which was also excluded from the unaudited pro forma information below. Additionally, the Company expects to achieve further operational cost savings and other efficiencies as a result of the acquisition which are not reflected in the unaudited pro forma amounts below: Unaudited Pro Forma Unaudited Pro Forma (Dollars in thousand) June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 Net interest income $ 7,719 $ 6,564 $ 11,845 $ 12,954 Net income 870 1,223 1,464 2,371 Impact of Certain Acquisition Accounting Adjustments The net effect of the amortization and accretion of premiums and discounts associated with the Company’s acquisition accounting adjustments to assets acquired and liabilities assumed from Virginia BanCorp had the following impact on the consolidated statements of income for the three and six months ended June 30, 2017. (Dollars in thousands) Three Months Six Months Loans 1 $ 451 $ 451 Core deposit intangible 2 (234 ) (234 ) Time deposits 3 117 117 Depreciation 4 (10 ) (10 ) Net impact to income before income taxes $ 324 $ 324 1 Loan discount accretion is included in the “Loans, including fees” section of “Interest Income” in the consolidated statements of income. 2 Core deposit intangible premium amortization is included in “Other expense” section of “Non-Interest 3 Time deposit premium amortization is included in the “Deposits” section of “Interest Expense” in the consolidated statements of income. 4 Depreciation on the fair value mark up of fixed assets is included in “Occupancy expense” section of “Non-Interest

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Significant Accounting Policies	Note 3: Significant Accounting Policies Loans The Company grants mortgage loans on real estate, commercial and industrial loans, and consumer and other loans to customers. A substantial portion of the loan portfolio is represented by mortgage loans on real estate. The ability of the Company’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in the Company’s market areas. Loans are reported at their recorded investment, which is the outstanding principal balance net of any unearned income, such as deferred fees and costs, charge-offs and discounts on acquired loans. 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 with the exception of PCI loans whose discount is being accreted to interest income. All interest accrued but not collected for loans that are placed on non-accrual Charge-off As soon as any loan becomes uncollectible, the loan will be charged down or charged off as follows: • If unsecured, the loan must be charged off in full. • If secured, the outstanding principal balance of the loan should be charged down to the net realizable value of the collateral. Loans should be considered uncollectible when: • No regularly scheduled payment has been made within four months, or • The loan is unsecured, the borrower files for bankruptcy protection and there is no other (guarantor, etc.) support from an entity outside of the bankruptcy proceedings. 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. All loans acquired in the merger and all loans originated since the merger are risk rated. Legacy loans originated prior to the merger that were assigned risk rating grades include all commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250 thousand with chronic delinquency, and troubled debt restructures (“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 and general 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) all loans risk rated Special Mention or worse with balances of $400 thousand or more or where the borrower has filed for bankruptcy; and (2) all loans classified as a TDR . A specific allowance arises when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component collectively evaluates any loans not identified as impaired, which are typically smaller commercial loans, residential mortgages and consumer loans, grouped into segments and classes. Historical loss experience is calculated and applied to each segment or class, then adjusted for qualitative factors. Qualitative factors include changes in local and national economic indicators, such as unemployment rates, interest rates, gross domestic product growth and real estate market trends; the level of past due and nonaccrual loans; risk ratings on individual loans; strength of credit policies and procedures; loan officer experience; borrower credit scores; and other intrinsic risks related to the types and geographic locations of loans. These qualitative adjustments reflect management’s judgment of risks inherent in the segments. An unallocated component is maintained if needed to cover uncertainties that could affect management’s estimate of probable losses. Changes in the allowance for loan losses and the related provision expense can materially affect net income. The specific component of the ALL calculation accounts for the loan loss reserve necessary on impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not considered impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case 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 and general components results in the total estimated ALL. This estimate is inherently subjective and actual losses could be greater or less than the estimates. An ALL calculation is also performed on purchased performing loans. A comparison is then made to the remaining unaccreted discount associated with the purchase of those loans. If the ALL related to these loans exceeds the remaining unaccreted discount, that difference is added to the ALL that applies to non-purchased 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 Loans Acquired in a Business Combination The Company accounts for loans acquired in a business combination in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 805, “Business Combinations.” Accordingly, acquired loans are segregated between PCI loans and purchased performing loans (“PPL”) and are recorded at fair value on the date of acquisition without the carryover of the related allowance for loan losses. PCI loans are those for which there is evidence of credit deterioration since origination and for which it is probable at the date of acquisition that the Company will not collect all contractually required principal and interest payments. When determining fair market value, PCI loans were aggregated into pools of loans based on common characteristics as of the date of acquisition such as loan type, date of origination, and evidence of credit quality deterioration such as internal risk grades and past due and nonaccrual status. The Company estimates the amount and timing of expected cash flows for each loan or pool, and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan’s or pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as a provision for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Loans not designated PCI loans as of the acquisition date are designated purchased performing loans. The Company accounts for purchased performing loans using the contractual cash flows method of recognizing discount accretion based on the acquired loans’ contractual cash flows. Purchased performing loans are recorded at fair value, including a credit discount. The fair value discount is accreted as an adjustment to yield over the estimated lives of the loans. There is no allowance for loan losses established at the acquisition date for purchased performing or PCI loans. A provision for loan losses is recorded for any deterioration in these loans subsequent to the acquisition. Employee Stock Ownership Plan (“ESOP”) The Company currently has two ESOPs for the benefit of all eligible employees. Shares held by the legacy ESOP of the former Bank of Lancaster employees are considered outstanding for purposes of computing earnings per share as they are fully allocated. Unearned ESOP shares in the ESOP acquired in the merger (“new ESOP”), are shown as a reduction of shareholders’ equity. The unearned ESOP shares are not included in basic or diluted earnings per share calculation as discussed in Note 9. The use of dividends paid on allocated ESOP shares are at the discretion of the Company. Dividends on unallocated ESOP shares, if paid, are considered to be compensation expense. The Company recognizes compensation cost equal to the fair value of the ESOP shares during the periods in which they are committed to be released. The Company recognizes a tax deduction equal to the cost of shares released. The unearned ESOP shares are pledged to a third party to collateralize a direct loan to the ESOP. The loan is guaranteed by the Company and is recorded on the Company’s consolidated balance sheets. It is anticipated that the Company will make contributions to the new ESOP in amounts necessary to amortize the third-party loans over a nine year period. See note 12.

Amendments to the Accounting St

Amendments to the Accounting Standards Codification	6 Months Ended
	Jun. 30, 2017
Amendments to the Accounting Standards Codification	Note 4: Amendments to the Accounting Standards Codification In March 2017, the FASB issued Accounting Update Standard (“ASU”) No. 2017-08, “Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20), 2017-08 In January 2017, the FASB issued ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments - Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings 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, Leases (Topic 842) 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 May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers 2014-09 2014-09 2014-09. 2014-09. 2014-09

Securities

Securities	6 Months Ended
	Jun. 30, 2017
Securities	Note 5: Securities The aggregate amortized costs and fair values of the available-for-sale (Dollars in thousands) Gross Gross Available-for-sale Amortized Unrealized Unrealized Fair June 30, 2017 Cost Gains (Losses) Value Corporate bonds $ 6,696 $ 20 $ (1 ) $ 6,715 U.S. Government agencies 27,319 123 (386 ) 27,056 State and municipal obligations 20,703 198 (224 ) 20,677 $ 54,718 $ 341 $ (611 ) $ 54,448 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 realized gains and gross realized losses on sales and calls of securities were as follows: For the three months ended For the six months ended June 30, June 30, (Dollars in thousands) 2017 2016 2017 2016 Gross realized gains $ 7 $ 105 $ 7 $ 120 Gross realized losses — (1 ) (5 ) (10 ) Net realized gains $ 7 $ 104 $ 2 $ 110 Aggregate proceeds $ 16,667 $ 6,395 $ 17,662 $ 9,097 Average yields (taxable equivalent) on securities were 3.09% and 3.08% for the three months ended June 30, 2017 and 2016, respectively, and 3.11% and 3.06% for the six months ended June 30, 2017 and 2016, respectively. Securities with a market value of $14.7 million and $19.1 million were pledged as collateral for repurchase agreements and for other purposes as required by law as of June 30, 2017 and December 31, 2016, respectively. As of June 30, 2017 and December 31, 2016, all the securities pledged to repurchase agreements were state and municipal obligations. All the repurchase agreements had remaining contractual maturities that were overnight and continuous. Securities sold under repurchase agreements were $10.8 million and $18.3 million as of June 30, 2017 and December 31, 2016, 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 June 30, 2017 and December 31, 2016, 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, and states and municipal securities, are investment grade or better and their losses are considered temporary. Management does not intend to sell the securities and does not expect to be required to sell the securities. Furthermore, all amortized cost bases are expected to be recovered. Bonds with unrealized loss positions at June 30, 2017 included 40 federal agencies, one corporate bond and 23 municipals. Bonds with unrealized loss positions at December 31, 2016 included 37 federal agencies, one corporate bond and 39 municipals. The tables are shown below. (Dollars in thousands) Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized June 30, 2017 Value Loss Value Loss Value Loss Corporate bonds $ 500 $ (1 ) $ — $ — $ 500 $ (1 ) U.S. Government agencies 18,052 (298 ) 4,792 (88 ) 22,844 (386 ) States and municipal obligations 7,207 (179 ) 953 (45 ) 8,160 (224 ) Total temporarily impaired securities $ 25,759 $ (478 ) $ 5,745 $ (133 ) $ 31,504 $ (611 ) 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 ) The Company’s investment in FHLB stock totaled $3.7 million and $1.9 million at June 30, 2017 and December 31, 2016, respectively. The Company also had an investment in Federal Reserve Bank of Richmond (“FRB”) stock which totaled $745 thousand and $580 thousand at June 30, 2017 and December 31, 2016, respectively. The investments in both FHLB and FRB stock are required investments related to the Bank’s membership with the FHLB and FRB. These securities do not have a readily determinable fair value as their ownership is restricted, and they lack an active market for trading. Additionally, per charter provisions related to the FHLB and FRB stock, all repurchase transactions of such stock must occur at par. Accordingly, these securities are carried at cost, and are periodically evaluated for impairment. The Company’s determination as to whether its investment in FHLB and FRB stock is impaired is based on management’s assessment of the ultimate recoverability of its par value rather than recognizing temporary declines in its value. The determination of whether the decline affects the ultimate recoverability of the investments is influenced by available information regarding various factors. These factors include, among others, the significance of the decline in net assets of the issuing banks as compared to the capital stock amount reported by these banks, and the length of time a decline has persisted; commitments by such banks to make payments required by law or regulation and the level of such payments in relation to the operating performance of the issuing bank; and the overall liquidity position of the issuing bank. Based on its most recent analysis of publicly available information regarding the financial condition of the issuing banks, management concluded that no impairment existed in the carrying value of FHLB and FRB stock.

Low Income Housing Tax Credits

Low Income Housing Tax Credits	6 Months Ended
	Jun. 30, 2017
Low Income Housing Tax Credits	Note 6: Low Income Housing Tax Credits The Company had investments in three separate housing equity funds at June 30, 2017. The general purpose of these funds is to encourage and assist participants in investing in low-income low-income

Loans

Loans	6 Months Ended
	Jun. 30, 2017
Loans	Note 7: Loans The following is a summary of the balances of loans: (Dollars in thousands) June 30, 2017 December 31, 2016 Mortgage loans on real estate: Construction, Land and Land Development $ 57,891 $ 39,818 Farmland 966 1,023 Commercial Mortgages (Non-Owner 80,240 35,343 Commercial Mortgages (Owner Occupied) 73,981 41,825 Residential First Mortgages 260,074 194,007 Residential Revolving and Junior Mortgages 49,306 26,425 Commercial and Industrial loans 85,939 43,024 Consumer loans 41,229 3,544 Total loans 649,626 385,009 Net unamortized deferred loan costs 316 391 Allowance for loan losses (4,241 ) (3,863 ) Loans, net $ 645,701 $ 381,537 The recorded investment in past due and non-accruing (Dollars in thousands) June 30, 2017 30-89 Days 90 Days or Nonaccruals Total Past Current Total Mortgage Loans on Real Estate: Construction, Land and Land Development $ 93 $ — $ 542 $ 635 $ 57,256 $ 57,891 Farmland — — — — 966 966 Commercial Mortgages (Non-Owner 454 — — 454 79,786 80,240 Commercial Mortgages (Owner Occupied) — — 1,747 1,747 72,234 73,981 Residential First Mortgages 236 — 1,941 2,177 257,897 260,074 Residential Revolving and Junior Mortgages 43 — 956 999 48,307 49,306 Commercial and Industrial — — 110 110 85,829 85,939 Consumer loans 436 — 66 502 40,727 41,229 Total $ 1,262 $ — $ 5,362 $ 6,624 $ 643,002 $ 649,626 December 31, 2016 30-89 Days 90 Days or Nonaccruals Total Past Current Total 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 The following table includes an aging analysis, based upon contractual terms, of the recorded investment of PCI loans as of June 30, 2017, included in the table above. (Dollars in thousands) June 30, 2017 30-89 Days 90 Days or Nonaccruals Total Past Current Total Mortgage Loans on Real Estate: Construction, Land and Land Development $ — $ — $ — $ — $ 1,421 $ 1,421 Commercial Mortgages (Non-Owner — — — — 187 187 Commercial Mortgages (Owner Occupied) — 182 — 182 173 355 Residential First Mortgages 24 206 — 230 3,665 3,895 Residential Revolving and Junior Mortgages — 20 — 20 34 54 Consumer loans 5 — — 5 73 78 Total $ 29 $ 408 $ — $ 437 $ 5,553 $ 5,990

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2017
Allowance for Loan Losses	Note 8: Allowance for Loan Losses Loans Evaluated for Impairment Loan receivables evaluated for impairment individually and collectively by segment as of June 30, 2017 and December 31, 2016 are as follows: (Dollars in thousands) As of June 30, 2017 Mortgage Commercial Consumer Total Loans individually evaluated for impairment $ 9,511 $ 92 $ — $ 9,603 Loans collectively evaluated for impairment 507,035 85,847 41,151 634,033 Loans acquired with deteriorated credit quality 5,912 — 78 5,990 Total Gross Loans $ 522,458 $ 85,939 $ 41,229 $ 649,626 As of December 31, 2016 Loans individually evaluated for impairment $ 10,323 $ 92 $ — $ 10,415 Loans collectively evaluated for impairment 328,118 42,932 3,544 374,594 Total Gross Loans $ 338,441 $ 43,024 $ 3,544 $ 385,009 Allowance for Loan Losses The allowance for loan losses disaggregated based on loan receivables evaluated for impairment individually and collectively by segment as of June 30, 2017 and December 31, 2016 are as follows: (Dollars in thousands) As of June 30, 2017 Mortgage Commercial Consumer Total Loans individually evaluated for impairment $ 851 $ 92 $ — $ 943 Loans collectively evaluated for impairment 2,835 364 99 3,298 Loans acquired with deteriorated credit quality — — — — Total allowance for loan losses $ 3,686 $ 456 $ 99 $ 4,241 As of December 31, 2016 Mortgage Commercial Consumer Total Loans individually evaluated for impairment $ 803 $ 92 $ — $ 895 Loans collectively evaluated for impairment 2,515 401 52 2,968 Total allowance for loan losses $ 3,318 $ 493 $ 52 $ 3,863 A disaggregation and an analysis of the change in the allowance for loan losses by segment is shown below. (Dollars in thousands) Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2017 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,421 $ 528 $ 44 $ 3,993 (Charge-offs) (141 ) — (193 ) (334 ) Recoveries 10 1 3 14 Provision (recovery) 396 (73 ) 245 568 Ending Balance $ 3,686 $ 456 $ 99 $ 4,241 Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2016 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,410 $ 579 $ 118 $ 4,107 (Charge-offs) (573 ) (158 ) (20 ) (751 ) Recoveries 4 — 4 8 Provision 154 14 15 183 Ending Balance $ 2,995 $ 435 $ 117 $ 3,547 (Dollars in thousands) Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2017 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,318 $ 493 $ 52 $ 3,863 (Charge-offs) (273 ) — (201 ) (474 ) Recoveries 88 1 5 94 Provision (recovery) 553 (38 ) 243 758 Ending Balance $ 3,686 $ 456 $ 99 $ 4,241 Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2016 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,502 $ 599 $ 122 $ 4,223 (Charge-offs) (656 ) (158 ) (31 ) (845 ) Recoveries 10 5 6 21 Provision (recovery) 139 (11 ) 20 148 Ending Balance $ 2,995 $ 435 $ 117 $ 3,547 Purchased Impaired Loans The following table presents the changes in the accretable yield for purchased impaired loans (refer to Note 3) since acquisition on April 1, 2017 through June 30, 2017 (in thousands): June 30, Balance at acquisition, April 1, 2017 $ 1,354 Accretion (90 ) Reclassifications from nonaccretable balance, net — Other changes, net — Balance as of June 30, 2017 $ 1,264 Internal Risk Rating Grades Internal risk rating grades are generally assigned to commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250,000 with chronic delinquency, and TDRs, as shown in the following table. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. Risk grades (refer to Note 3) are evaluated as new information becomes available for each borrowing relationship or at least quarterly. All loan portfolios acquired in the merger are risk graded using loan risk grading software that employs a variety of algorithms based on detailed account characteristics to include borrower’s payment history on a total relationship basis as well as loan to value exposure. For non-homogenous (Dollars in thousands) Construction, Residential Residential Commercial (Non-Owner Commercial Commercial As of June 30, 2017 Development Farmland Mortgage Mortgage Occupied) Occupied) Industrial Consumer Total Grade: Pass $ 46,344 $ 966 $ 42,984 $ 22,924 $ 75,168 $ 60,261 $ 84,483 $ 37,698 $ 370,828 Watch 7,958 — 1,252 33 4,345 11,058 1,230 77 25,953 Special mention 270 — — — 269 254 40 — 833 Substandard 3,319 — 1,482 50 458 2,408 186 165 8,068 Doubtful — — — — — — — — — Total $ 57,891 $ 966 $ 45,718 $ 23,007 $ 80,240 $ 73,981 $ 85,939 $ 37,940 $ 405,682 As of December 31, 2016 Construction, Farmland Commercial (Non-Owner Commercial Commercial 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 Loans not assigned internal risk rating grades are comprised of smaller residential mortgages and smaller consumer loans in the surviving bank’s legacy portfolios. 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 (Dollars in thousands) Residential Residential As of June 30, 2017 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (1) Mortgages (2) Loans (3) Total Performing $ 212,467 $ 25,342 $ 3,289 $ 241,098 Nonperforming 1,889 957 — 2,846 Total $ 214,356 $ 26,299 $ 3,289 $ 243,944 Residential Residential As of December 31, 2016 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (4) Mortgages (5) Loans (6) 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 (1) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.3 million as of June 30, 2017. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.0 million as of June 30, 2017. (3) Consumer Loans had been assigned a risk rating grade of Substandard as of June 30, 2017 totaled $85 thousand as of June 30, 2017. (4) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016. (5) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016. (6) No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2016. Impaired Loans The following tables show the Company’s recorded investment and the customers’ unpaid principal balances for impaired loans, excluding purchased impaired loans, with the associated allowance amount, if applicable, as of June 30, 2017 and December 31, 2016, along with the average recorded investment and interest income recognized for the three and six months ended June 30, 2017 and 2016, respectively. (Dollars in thousands) As of June 30, 2017 As of December 31, 2016 IMPAIRED LOANS Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related With no related allowance: Construction, Land and Land Development $ 1,451 $ 1,532 $ — $ 1,531 $ 1,539 $ — Residential First Mortgages 1,765 1,836 — 2,112 2,176 — Residential Revolving and Junior Mortgages (1) 160 166 — 995 999 — Commercial Mortgages (Non-owner 248 248 — 248 248 — Commercial Mortgages (Owner occupied) 1,682 1,997 — 1,860 2,178 — Commercial and Industrial — — — — — — 5,306 5,779 — 6,746 7,140 — With an allowance recorded: Construction, Land and Land Development 233 283 142 243 286 145 Residential First Mortgages 1,934 1,934 408 1,951 1,951 367 Residential Revolving and Junior Mortgages (1) 1,299 1,302 159 544 546 199 Commercial Mortgages (Non-owner — — — — — — Commercial Mortgages (Owner occupied) 739 764 142 839 854 92 Commercial and Industrial 92 101 92 92 101 92 4,297 4,384 943 3,669 3,738 895 Total Impaired Loans: Construction, Land and Land Development 1,684 1,815 142 1,774 1,825 145 Residential First Mortgages 3,699 3,770 408 4,063 4,127 367 Residential Revolving and Junior Mortgages (1) 1,459 1,468 159 1,539 1,545 199 Commercial Mortgages (Non-owner 248 248 — 248 248 — Commercial Mortgages (Owner occupied) 2,421 2,761 142 2,699 3,032 92 Commercial and Industrial 92 101 92 92 101 92 $ 9,603 $ 10,163 $ 943 $ 10,415 $ 10,878 $ 895 Notes: (1) Junior mortgages include equity lines. For the three months ended For the six months ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (Dollars in thousands) Average Interest Average Interest Average Interest Average Interest With no related allowance: Construction, land and land development $ 1,453 $ 14 $ 1,535 $ 14 $ 1,479 $ 27 $ 1,172 $ 27 Residential First Mortgages 1,769 2 2,728 (2 ) 1,774 7 2,231 14 Residential Revolving and Junior Mortgages (1) 162 — 988 8 162 1 675 19 Commercial Mortgages (Non-owner 247 5 248 4 248 8 253 8 Commercial Mortgages (Owner occupied) 1,689 4 1,393 1 1,777 11 1,190 17 Commercial and Industrial — — — — — — — — 5,320 25 6,892 25 5,440 54 5,521 85 With an allowance recorded: Construction, land and land development 236 1 255 1 238 2 257 2 Residential First Mortgages 1,938 23 2,370 21 1,942 47 2,416 42 Residential Revolving and Junior Mortgages (1) 1,300 5 196 2 1,301 18 195 4 Commercial Mortgages (Non-owner — — — — — — — — Commercial Mortgages (Owner occupied) 737 — 1,460 6 739 — 1,462 11 Commercial and Industrial 92 — 105 1 92 — 109 1 4,303 29 4,386 31 4,312 67 4,439 60 Total Construction, land and land development 1,689 15 1,790 15 1,717 29 1,429 29 Residential First Mortgages 3,707 25 5,098 19 3,716 54 4,647 56 Residential Revolving and Junior Mortgages (1) 1,462 5 1,184 10 1,463 19 870 23 Commercial Mortgages (Non-owner 247 5 248 4 248 8 253 8 Commercial Mortgages (Owner occupied) 2,426 4 2,853 7 2,516 11 2,652 28 Commercial and Industrial 92 — 105 1 92 — 109 1 $ 9,623 $ 54 $ 11,278 $ 56 $ 9,752 $ 121 $ 9,960 $ 145 (1) Junior mortgages include equity lines. Smaller non-accruing non-accruing non-accruing non-accruing Loan Modifications Loans modified as TDRs are considered impaired and are individually evaluated for the amount of impairment in the ALL. No TDRs subsequently defaulted in the first six months 2017 or the first six months of 2016. The following table presents, by segments of loans, information related to loans modified as TDRs. For the three months ended For the three months ended June 30, 2017 June 30, 2016 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Residential first mortgages (1) — $ — $ — 1 $ 244 $ 244 (1) Modification was a capitalization of interest. For the six months ended For the six months ended June 30, 2017 June 30, 2016 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Residential first mortgages (1) — $ — $ — 1 $ 244 $ 244 (1) Modification was a capitalization of interest. Other Real Estate Owned The table below details the properties included in other real estate owned (“OREO”) as of June 30, 2017 and December 31, 2016. There were two collateralized consumer residential mortgage loans from two borrowers valued at $127 thousand in the process of foreclosure as of June 30, 2017. As of June 30, 2017 As of December 31, 2016 (Dollars in thousands) No. of Carrying No. of Carrying Residential 5 $ 979 2 $ 891 Land lots 18 3,196 7 547 Convenience store 1 59 1 59 Restaurant 1 55 1 55 Commerical properties 5 1,071 3 942 Total 30 $ 5,360 14 $ 2,494 Included in other assets as of June 30, 2017 and December 31, 2016, 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.

Earnings per share

Earnings per share	6 Months Ended
	Jun. 30, 2017
Earnings per share	Note 9: 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. Basic earnings per share amounts are computed by dividing the net income (the numerator) by the weighted average number of common shares outstanding (the denominator). Diluted earnings per share amounts assume the conversion, exercise or issuance of all potential common stock instruments unless the effect is to reduce the loss or increase the income per common share from continuing operations. For both computations, the weighted average number of unearned ESOP shares purchased by the ESOP, which have not been allocated to participant accounts, are not assumed to be outstanding. The weighted average unearned ESOP shares which were excluded from the computation were 140,542 and 70,267 for the three and six months ended June 30, 2017, respectively. All ESOP shares were allocated for periods prior to April 1, 2017. For the three months ended For the six months ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 Average Per share Average Per share Average Per share Average Per share Basic earnings per share 9,233,615 $ 0.06 4,774,856 $ 0.12 7,017,907 $ 0.05 4,774,856 $ 0.23 Effect of dilutive securities: Stock options 71,181 19,927 66,523 17,718 Diluted earnings per share 9,304,796 $ 0.06 4,794,783 $ 0.12 7,084,430 $ 0.05 4,792,574 $ 0.23 For the three months ended June 30, 2017 and 2016, options on 15,758 and 46,135 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive. For the six months ended June 30, 2017 and 2016, options on 22,758 and 53,635 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2017
Stock-Based Compensation	Note 10: Stock-Based Compensation On June 28, 2013, the Company registered with the SEC a stock-based compensation plan, which superseded all other plans. There are 311,209 shares available for grant under this plan at June 30, 2017. Stock-based compensation expense related to stock option awards for the three months ended June 30, 2017 and 2016 was $8 thousand and zero, respectively. For the six months ended June 30, 2017 and 2016, stock-based compensation expense related to stock option awards was $24 thousand and $16 thousand, respectively. Compensation expense for stock options is the estimated fair value of options on the date granted using the Black-Scholes Model amortized on a straight-line basis over the vesting period of the award. There was no unrecognized compensation expense related to stock options as of June 30, 2017. The variables used in these calculations of the fair value of the options are as follows: For the six months ended June 30, 2017 2016 Risk free interest rate (5 year Treasury) 1.78% - 1.93% 1.49% Expected dividend yield 0% 0% Expected term (years) 5 5 Expected volatility 17.2% - 21.7% 40.1% Stock option activity for the six months ended June 30, 2017 is summarized below: Shares Weighted Average Weighted Aggregate Options outstanding, January 1, 2017 218,300 $ 6.35 5.9 Granted 13,000 8.54 Forfeited (1,195 ) 8.43 Exercised (24,061 ) 5.69 Expired (9,625 ) 13.96 Options outstanding and exercisable, June 30, 2017 196,419 $ 6.20 5.9 $ 629,496 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax In the first six months of 2017, 14,000 shares of restricted stock were granted to three executives. Total unvested restricted shares were 9,000 as of June 30, 2017 and zero as of December 31, 2016. Stock based compensation related to restricted stock awards was $43 thousand and zero as of the six months ended June 30, 2017 and 2016, respectively.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2017
Employee Benefit Plans	Note 11: Employee Benefit Plans The Company has a non-contributory, The Company sponsors a post-retirement benefit plan covering current and future retirees who acquire age 55 and 10 years of service or age 65 and 5 years of service. The post-retirement benefit plan provides coverage toward a retiree’s eligible medical and life insurance benefits expenses. The plan is unfunded and funded as benefits are due. Components of Net Periodic (Benefit) Cost (Dollars in thousands) Pension Benefits Post-Retirement Benefits Six months ended June 30, 2017 2016 2017 2016 Service cost $ — $ — $ 10 $ 11 Interest cost 62 69 10 14 Expected return on plan assets (90 ) (96 ) — — Settlement loss 26 — — — Amortization of net gain — — (4 ) — Recognized net actuarial loss 38 39 — — Net periodic cost $ 36 $ 12 $ 16 $ 25 The Company expects to make no contribution to its pension plan and $3 thousand to its post-retirement benefit plan during the remainder of 2017. The Company has contributed $3 thousand towards the post-retirement plan during the first six months of 2017.

Long Term Debt

Long Term Debt	6 Months Ended
	Jun. 30, 2017
Long Term Debt	Note 12: Long Term Debt FHLB Debt As of June 30, 2017, the Bank had $70.0 million of outstanding FHLB debt, consisting of six advances. As of December 31, 2016, five advances totaling $35.0 million were outstanding. The $40.0 million advance that matured on July 3, 2017 and the $5.0 million daily rate credit that was to mature on May 30, 2018 were replaced with a $50.0 million fixed rate advance with an interest rate of 1.14% maturing on August 2, 2017. This advance was then rolled over at an interest rate of 1.16% maturing on September 1, 2017. The six advances are shown in the following table. Description Balance (000’s) Originated Current Maturity Date Adjustable Rate Hybrid $ 10,000 4/12/2013 3.53511 4/13/2020 Fixed Rate Credit 5,000 12/22/2015 1.08000 9/15/2017 Fixed Rate Credit 5,000 1/17/2017 0.91000 10/17/2017 Fixed Rate Credit 5,000 1/20/2017 0.99500 12/20/2017 Daily Rate Credit 5,000 5/30/2017 1.32000 5/30/2018 Fixed Rate Credit 40,000 6/2/2017 1.04000 7/3/2017 $ 70,000 Advances on the FHLB lines are secured by a blanket lien on qualified 1 to 4 family residential real estate loans. Immediate available credit, as of June 30, 2017, was $44.3 million against a total line of credit of $125.3 million. As of June 30, 2017 and December 31, 2016, the Company had $70.0 million and $35.0 million, respectively, in FHLB debt outstanding with a weighted average interest rate of 1.41% and 1.49%, respectively. Subordinated Debt On May 28, 2015, the Company issued an aggregate of $7,000,000 of subordinated notes (the “Notes”). The Notes have a maturity date of May 28, 2025. The Notes bear interest, payable on the 1st of March and September of each year, commencing September 1, 2015, at a fixed interest rate of 6.50% per year. The Notes are not convertible into common stock or preferred stock, and are not callable by the holders. The Company has the right to redeem the Notes, in whole or in part, without premium or penalty, at any interest payment date on or after May 28, 2020 and prior to the maturity date, but in all cases in a principal amount with integral multiples of $1,000, plus interest accrued and unpaid through the date of redemption. If an event of default occurs, such as the bankruptcy of the Company, the holder of a Note may declare the principal amount of the Note to be due and immediately payable. The Notes are unsecured, subordinated obligations of the Company and will rank junior in right of payment to the Company’s existing and future senior indebtedness. The Notes qualify as Tier 2 capital for regulatory reporting. (Dollars in thousands) Balance as of 6.5% Subordinated Debt $ 7,000 Less: Issuance costs (132 ) $ 6,868 ESOP Debt Acquired in the merger was $911 thousand of debt secured by unissued shares of stock in the Company’s ESOP plan. The four fixed rate amortizing notes each carry an interest rate of 3.25% with maturity dates ranging from March 1, 2019 to November 1, 2026.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Measurements	Note 13: 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 Defined benefit plan assets Mortgage servicing rights “(MSR”) The MSR for the portfolio serviced for FNMA is recorded at fair value on a recurring basis, with changes in fair value recorded in the results of operations. A model is used to determine fair value, which establishes pools of performing loans, calculates cash flows for each pool and applies a discount rate to each pool. Loans are segregated into 14 pools based on each loan’s term and seasoning (age). All loans have fixed interest rates. Cash flows are then estimated by utilizing assumed service costs and prepayment speeds. Monthly service costs were assumed to be $6.33 per loan as of June 30, 2017 and $6.00 per loan as of December 31, 2016. Prepayment speeds are determined primarily based on the average interest rate of the loans in each pool. The prepayment scale used is the Public Securities Association (“PSA”) model, where “100% PSA” means prepayments are zero in the first month, then increase by 0.2% of the loan balance each month until reaching 6.0% in month 30. Thereafter, the 100% PSA model assumes an annual prepayment of 6.0% of the remaining loan balance. The average PSA speed assumption in the fair value model is 147% and 150% as of June 30, 2017 and December 31, 2016, respectively. A discount rate of 14.0% was then applied to each pool both as of June 30, 2017 and December 31, 2016. This discount rate is intended to represent the estimated market yield for the highest quality grade of comparable servicing. This MSR is classified as Level 3. Similarly, the MSR for the portfolio serviced for FHLMC is recorded at fair value on a recurring basis, with changes in fair value recorded in the results of operations. This MSR was acquired by the Bank as part of the merger with Virginia BanCorp effective April 1, 2017. A model is used to determine fair value, which establishes pools of performing loans, calculates cash flows for each pool and applies a discount rate to each. Loans are segregated into five pools based on each loan’s term and coupon strata. All loans have fixed interest rates. Cash flows are then estimated by utilizing assumed service costs and prepayment speeds. Monthly service costs were assumed to be $7.67 per loan as of June 30, 2017. Prepayment speeds are determined primarily based on the average interest rate and seasoning of the loans in each pool. The prepayment scale used is the PSA model as described above. The average PSA speed assumption in the fair value model is 195% as of June 30, 2017. The PSA speeds are converted to a constant prepayment rate (CPR) and then adjusted by applying betas in order to reflect the prepayment speeds of the portfolio based on historical payment behavior. As of June 30, 2017, an average CPR of 7.51% was applied based on the prior two years of history. Utilizing observed market prices in the secondary market, an average price of 102.84% was effectively applied in determining the market discount rate to be applied to the portfolio’s servicing cash flows. This rate is intended to represent the estimated market yield for the highest quality grade of comparable servicing. This MSR is classified as Level 3. The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016: (Dollars in thousands) Fair Value Measurements at June 30, 2017 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 6,715 $ — $ — $ 6,715 U. S. Government agencies 27,056 — 27,056 — State and municipal obligations 20,677 — 20,677 — Total securities available-for-sale: $ 54,448 $ — $ 47,733 $ 6,715 Mortgage servicing rights $ 989 $ — $ — $ 989 Defined benefit plan assets: Cash and cash equivalents $ 21 $ 21 $ — $ — Mutual funds - fixed income 1,016 1,016 — — Mutual funds - equity 1,524 1,524 — — Total defined benefit plan assets $ 2,561 $ 2,561 $ — $ — Fair Value Measurements at December 31, 2016 Using Description Balance 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 $ — $ — The reconciliation of items using Level 3 inputs is as follows: Corporate (Dollars in thousands) MSRs Bonds Balance, January 1, 2017 $ 671 $ 7,704 Purchases — — Acquired in merger 324 — Impairments — — Fair value adjustments (6 ) 11 Sales — (1,000 ) Balance, June 30, 2017 $ 989 $ 6,715 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 June 30, 2017 Using (Dollars in thousands) Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 3,354 $ — $ — $ 3,354 Other real estate owned, net 5,360 — — 5,360 Fair Value Measurements at December 31, 2016 Using Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 2,774 $ — $ — $ 2,774 Other real estate owned, net 2,494 — — 2,494 The following table displays quantitative information about Level 3 Fair Value Measurements as of June 30, 2017: (Dollars in thousands) Balance as of Valuation Unobservable Range (Weighted Impaired Loans, net $ 3,354 Discounted appraised value Selling Cost 15% (15%) Other real estate owned, net 5,360 Discounted appraised value Selling Cost 0% - 100% (5%) Lack of Marketability 10% -20% (11%) 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 (Weighted 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 estimated fair values of financial instruments are shown in the following table. The carrying amounts in the table are included in the balance sheet under the applicable captions. Fair Value Measurements at June 30, 2017 Using (Dollars in thousands) Balance as of Fair Value as of Description June 30, 2017 June 30, 2017 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 7,454 $ 7,454 $ 7,454 $ — $ — Interest-bearing deposits 26,998 26,998 26,998 — — Certificates of deposit 3,224 3,224 — 3,224 — Federal funds sold 6,559 6,559 6,559 — — Securities available-for-sale 54,448 54,448 — 47,733 6,715 Restricted securities 4,662 4,662 — — 4,662 Loans, net 645,701 654,263 — — 654,263 Loans held for sale 55,620 55,620 — — 55,620 Accrued interest receivable 2,624 2,624 — 2,624 — Bank owned life insurance 18,508 18,508 18,508 — — Mortgage servicing rights 989 989 — — 989 Financial Liabilities: Non-interest-bearing $ 97,299 $ 97,299 $ 97,299 $ — $ — Savings and other interest-bearing deposits 282,056 282,056 — 282,056 — Time deposits 309,619 308,952 — — 308,952 Securities sold under repurchase agreements 10,786 10,786 — 10,786 — FHLB advances 70,000 70,591 — 70,591 — Subordinated debt 6,868 7,000 — — 7,000 Accrued interest payable 395 395 — 395 — 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 7,945 7,945 7,945 — — Certificates of deposit 4,216 4,216 — 4,216 — Federal funds sold 1,906 1,906 1,906 — — 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 — Bank owned life insurance 9,869 9,869 9,869 — — 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 — 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. The fair value of loans held for sale is based upon their contracted sales price. Bank owned life insurance is carried at its cash surrender value. 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. The fair value of commitments to extend credit is estimated using the fees currently charged to enter similar agreements, taking into account the remaining terms of the agreements and the present credit worthiness of the counter parties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of standby letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counter parties at the reporting date. At June 30, 2017 and December 31, 2016, the fair value of loan commitments and standby letters of credit was immaterial and therefore, they are not included in the table above. The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair value of the Company’s financial instruments will change when interest rate levels change and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk. However, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2017
Changes in Accumulated Other Comprehensive Income (Loss)	Note 14: Changes in Accumulated Other Comprehensive Income (Loss) The balances in accumulated other comprehensive income (loss) are shown in the following tables: For the Three Months Ended June 30, 2017 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2017 $ (490 ) $ (715 ) $ (1,205 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $150 295 — 295 Reclassification for previously unrealized net losses recognized in income, net of tax expense of $2 (5 ) — (5 ) Balance June 30, 2017 $ (200 ) $ (715 ) $ (915 ) For the Three Months Ended June 30, 2016 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2016 $ 438 $ (883 ) $ (445 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $130 255 — 255 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $35 (69 ) — (69 ) Balance June 30, 2016 $ 624 $ (883 ) $ (259 ) For the Six Months Ended June 30, 2017 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2017 $ (520 ) $ (715 ) $ (1,235 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $164 321 — 321 Reclassification for previously unrealized net losses recognized in income, net of tax expense of $1 (1 ) — (1 ) Balance June 30, 2017 $ (200 ) $ (715 ) $ (915 ) For the Six Months Ended June 30, 2016 (Dollars in thousands) Net Unrealized Pension and Accumulated Other Balance January 1, 2016 $ 107 $ (883 ) $ (776 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $303 590 — 590 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $37 (73 ) — (73 ) Balance June 30, 2016 $ 624 $ (883 ) $ (259 ) Reclassification for previously unrealized gains (losses) and impairments on securities are reported in the Consolidated Statements of Income as follows. No unrealized gains (losses) on pension and post-employment related costs were reclassified to the Consolidated Statements of Income in the three and six months ended June 30, 2017 and 2016. Accumulated Other Comprehensive Income (Loss) Reclassification for the Three Months Ended Holding (Losses) Gains on Securities (Dollars in thousands) June 30, 2017 June 30, 2016 Net gains on sale of securities available-for-securities $ 7 $ 104 Tax expense (2 ) (35 ) Impact on net income $ 5 $ 69 Accumulated Other Comprehensive Income (Loss) Reclassification for the Six Months Ended Holding (Losses) Gains on Securities (Dollars in thousands) June 30, 2017 June 30, 2016 Net gains on sale of securities available-for-securities $ 2 $ 110 Tax expense (1 ) (37 ) Impact on net income $ 1 $ 73

Significant Accounting Polici23

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
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, charge-offs and discounts on acquired loans. 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 with the exception of PCI loans whose discount is being accreted to interest income. All interest accrued but not collected for loans that are placed on non-accrual
Charge-off of Uncollectible Loans	Charge-off As soon as any loan becomes uncollectible, the loan will be charged down or charged off as follows: • If unsecured, the loan must be charged off in full. • If secured, the outstanding principal balance of the loan should be charged down to the net realizable value of the collateral. Loans should be considered uncollectible when: • No regularly scheduled payment has been made within four months, or • The loan is unsecured, the borrower files for bankruptcy protection and there is no other (guarantor, etc.) support from an entity outside of the bankruptcy proceedings.
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. All loans acquired in the merger and all loans originated since the merger are risk rated. Legacy loans originated prior to the merger that were assigned risk rating grades include all commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250 thousand with chronic delinquency, and troubled debt restructures (“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 and general 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) all loans risk rated Special Mention or worse with balances of $400 thousand or more or where the borrower has filed for bankruptcy; and (2) all loans classified as a TDR . A specific allowance arises when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component collectively evaluates any loans not identified as impaired, which are typically smaller commercial loans, residential mortgages and consumer loans, grouped into segments and classes. Historical loss experience is calculated and applied to each segment or class, then adjusted for qualitative factors. Qualitative factors include changes in local and national economic indicators, such as unemployment rates, interest rates, gross domestic product growth and real estate market trends; the level of past due and nonaccrual loans; risk ratings on individual loans; strength of credit policies and procedures; loan officer experience; borrower credit scores; and other intrinsic risks related to the types and geographic locations of loans. These qualitative adjustments reflect management’s judgment of risks inherent in the segments. An unallocated component is maintained if needed to cover uncertainties that could affect management’s estimate of probable losses. Changes in the allowance for loan losses and the related provision expense can materially affect net income. The specific component of the ALL calculation accounts for the loan loss reserve necessary on impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not considered impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case 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 and general components results in the total estimated ALL. This estimate is inherently subjective and actual losses could be greater or less than the estimates. An ALL calculation is also performed on purchased performing loans. A comparison is then made to the remaining unaccreted discount associated with the purchase of those loans. If the ALL related to these loans exceeds the remaining unaccreted discount, that difference is added to the ALL that applies to non-purchased 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
Loans Acquired in a Business Combination	Loans Acquired in a Business Combination The Company accounts for loans acquired in a business combination in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 805, “Business Combinations.” Accordingly, acquired loans are segregated between PCI loans and purchased performing loans (“PPL”) and are recorded at fair value on the date of acquisition without the carryover of the related allowance for loan losses. PCI loans are those for which there is evidence of credit deterioration since origination and for which it is probable at the date of acquisition that the Company will not collect all contractually required principal and interest payments. When determining fair market value, PCI loans were aggregated into pools of loans based on common characteristics as of the date of acquisition such as loan type, date of origination, and evidence of credit quality deterioration such as internal risk grades and past due and nonaccrual status. The Company estimates the amount and timing of expected cash flows for each loan or pool, and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan’s or pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as a provision for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Loans not designated PCI loans as of the acquisition date are designated purchased performing loans. The Company accounts for purchased performing loans using the contractual cash flows method of recognizing discount accretion based on the acquired loans’ contractual cash flows. Purchased performing loans are recorded at fair value, including a credit discount. The fair value discount is accreted as an adjustment to yield over the estimated lives of the loans. There is no allowance for loan losses established at the acquisition date for purchased performing or PCI loans. A provision for loan losses is recorded for any deterioration in these loans subsequent to the acquisition.
Employee Stock Ownership Plan ("ESOP")	Employee Stock Ownership Plan (“ESOP”) The Company currently has two ESOPs for the benefit of all eligible employees. Shares held by the legacy ESOP of the former Bank of Lancaster employees are considered outstanding for purposes of computing earnings per share as they are fully allocated. Unearned ESOP shares in the ESOP acquired in the merger (“new ESOP”), are shown as a reduction of shareholders’ equity. The unearned ESOP shares are not included in basic or diluted earnings per share calculation as discussed in Note 9. The use of dividends paid on allocated ESOP shares are at the discretion of the Company. Dividends on unallocated ESOP shares, if paid, are considered to be compensation expense. The Company recognizes compensation cost equal to the fair value of the ESOP shares during the periods in which they are committed to be released. The Company recognizes a tax deduction equal to the cost of shares released. The unearned ESOP shares are pledged to a third party to collateralize a direct loan to the ESOP. The loan is guaranteed by the Company and is recorded on the Company’s consolidated balance sheets. It is anticipated that the Company will make contributions to the new ESOP in amounts necessary to amortize the third-party loans over a nine year period. See note 12.

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jun. 30, 2017
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	The following table details the total consideration paid by the Company on April 1, 2017 in connection with the acquisition of Virginia BanCorp, the fair value of the assets acquired and liabilities assumed, and the resulting goodwill. (Dollars in thousands) As Recorded Fair Value As Recorded Consideration paid: Bay Banks of Virginia, Inc. common stock $ 42,247 Identifiable assets acquired: Cash and due from banks $ 2,356 $ — $ 2,356 Interest-bearing deposits 12,342 — 12,342 Securities available-for-sale 22,088 — 22,088 Restricted securities 1,543 — 1,543 Loans receivable 216,831 (4,259 ) 212,572 Loans held for sale 55,648 — 55,648 Deferred income taxes 1,325 (500 ) 825 Premises and equipment 3,333 2,703 6,036 Accrued interest receivable 1,253 (24 ) 1,229 Other real estate owned 3,113 — 3,113 Core deposit intangible — 3,670 3,670 Bank owned life insurance 8,430 — 8,430 Mortgage servicing rights 324 — 324 Other assets 367 — 367 Total identified assets acquired 328,953 1,590 330,543 Identifiable liabilities assumed: Noninterest-bearing deposits 21,119 — 21,119 Savings and interest-bearing demand deposits 124,640 — 124,640 Time deposits 121,437 733 122,170 Federal Home Loan Bank advances 25,000 — 25,000 Other liabilities 1,525 — 1,525 Total identifiable liabilities assumed 293,721 733 294,454 Total identifiable assets assumed $ 35,232 $ 857 $ 36,089 Goodwill resulting from acquisition $ 6,158
Schedule of Information about the PCI Impaired Loan	Information about the PCI loan portfolio at April 1, 2017 is as follows: (Dollars in thousands) April 1, 2017 Contractual principal and interest due $ 8,303 Nonaccretable difference 869 Expected cash flows 7,434 Accretable yield 1,354 Purchase credit impaired loans - estimated fair value $ 6,080
Schedule of Unaudited Pro Forma Financial Information	Additionally, the Company expects to achieve further operational cost savings and other efficiencies as a result of the acquisition which are not reflected in the unaudited pro forma amounts below: Unaudited Pro Forma Unaudited Pro Forma (Dollars in thousand) June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 Net interest income $ 7,719 $ 6,564 $ 11,845 $ 12,954 Net income 870 1,223 1,464 2,371
Schedule of Impact of Certain Acquisition Accounting Adjustments	The net effect of the amortization and accretion of premiums and discounts associated with the Company’s acquisition accounting adjustments to assets acquired and liabilities assumed from Virginia BanCorp had the following impact on the consolidated statements of income for the three and six months ended June 30, 2017. (Dollars in thousands) Three Months Six Months Loans 1 $ 451 $ 451 Core deposit intangible 2 (234 ) (234 ) Time deposits 3 117 117 Depreciation 4 (10 ) (10 ) Net impact to income before income taxes $ 324 $ 324 1 Loan discount accretion is included in the “Loans, including fees” section of “Interest Income” in the consolidated statements of income. 2 Core deposit intangible premium amortization is included in “Other expense” section of “Non-Interest 3 Time deposit premium amortization is included in the “Deposits” section of “Interest Expense” in the consolidated statements of income. 4 Depreciation on the fair value mark up of fixed assets is included in “Occupancy expense” section of “Non-Interest

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2017
Aggregate Amortized Cost and Fair Values of Available-for-Sale Securities Portfolio	The aggregate amortized costs and fair values of the available-for-sale (Dollars in thousands) Gross Gross Available-for-sale Amortized Unrealized Unrealized Fair June 30, 2017 Cost Gains (Losses) Value Corporate bonds $ 6,696 $ 20 $ (1 ) $ 6,715 U.S. Government agencies 27,319 123 (386 ) 27,056 State and municipal obligations 20,703 198 (224 ) 20,677 $ 54,718 $ 341 $ (611 ) $ 54,448 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 Realized Gains and Gross Realized Losses on Sales of Securities	Gross realized gains and gross realized losses on sales and calls of securities were as follows: For the three months ended For the six months ended June 30, June 30, (Dollars in thousands) 2017 2016 2017 2016 Gross realized gains $ 7 $ 105 $ 7 $ 120 Gross realized losses — (1 ) (5 ) (10 ) Net realized gains $ 7 $ 104 $ 2 $ 110 Aggregate proceeds $ 16,667 $ 6,395 $ 17,662 $ 9,097
Unrealized Loss Positions	Bonds with unrealized loss positions at December 31, 2016 included 37 federal agencies, one corporate bond and 39 municipals. The tables are shown below. (Dollars in thousands) Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized June 30, 2017 Value Loss Value Loss Value Loss Corporate bonds $ 500 $ (1 ) $ — $ — $ 500 $ (1 ) U.S. Government agencies 18,052 (298 ) 4,792 (88 ) 22,844 (386 ) States and municipal obligations 7,207 (179 ) 953 (45 ) 8,160 (224 ) Total temporarily impaired securities $ 25,759 $ (478 ) $ 5,745 $ (133 ) $ 31,504 $ (611 ) 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 )

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2017
Summary of Balances of Loans	The following is a summary of the balances of loans: (Dollars in thousands) June 30, 2017 December 31, 2016 Mortgage loans on real estate: Construction, Land and Land Development $ 57,891 $ 39,818 Farmland 966 1,023 Commercial Mortgages (Non-Owner 80,240 35,343 Commercial Mortgages (Owner Occupied) 73,981 41,825 Residential First Mortgages 260,074 194,007 Residential Revolving and Junior Mortgages 49,306 26,425 Commercial and Industrial loans 85,939 43,024 Consumer loans 41,229 3,544 Total loans 649,626 385,009 Net unamortized deferred loan costs 316 391 Allowance for loan losses (4,241 ) (3,863 ) Loans, net $ 645,701 $ 381,537
Recorded Investment in Past Due and Non-accruing Loans	The recorded investment in past due and non-accruing (Dollars in thousands) June 30, 2017 30-89 Days 90 Days or Nonaccruals Total Past Current Total Mortgage Loans on Real Estate: Construction, Land and Land Development $ 93 $ — $ 542 $ 635 $ 57,256 $ 57,891 Farmland — — — — 966 966 Commercial Mortgages (Non-Owner 454 — — 454 79,786 80,240 Commercial Mortgages (Owner Occupied) — — 1,747 1,747 72,234 73,981 Residential First Mortgages 236 — 1,941 2,177 257,897 260,074 Residential Revolving and Junior Mortgages 43 — 956 999 48,307 49,306 Commercial and Industrial — — 110 110 85,829 85,939 Consumer loans 436 — 66 502 40,727 41,229 Total $ 1,262 $ — $ 5,362 $ 6,624 $ 643,002 $ 649,626 December 31, 2016 30-89 Days 90 Days or Nonaccruals Total Past Current Total 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
Purchased Impaired Loans
Recorded Investment in Past Due and Non-accruing Loans	The following table includes an aging analysis, based upon contractual terms, of the recorded investment of PCI loans as of June 30, 2017, included in the table above. (Dollars in thousands) June 30, 2017 30-89 Days 90 Days or Nonaccruals Total Past Current Total Mortgage Loans on Real Estate: Construction, Land and Land Development $ — $ — $ — $ — $ 1,421 $ 1,421 Commercial Mortgages (Non-Owner — — — — 187 187 Commercial Mortgages (Owner Occupied) — 182 — 182 173 355 Residential First Mortgages 24 206 — 230 3,665 3,895 Residential Revolving and Junior Mortgages — 20 — 20 34 54 Consumer loans 5 — — 5 73 78 Total $ 29 $ 408 $ — $ 437 $ 5,553 $ 5,990

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2017
Loan Receivables Evaluated for Impairment Individually and Collectively by Segment	Loan receivables evaluated for impairment individually and collectively by segment as of June 30, 2017 and December 31, 2016 are as follows: (Dollars in thousands) As of June 30, 2017 Mortgage Commercial Consumer Total Loans individually evaluated for impairment $ 9,511 $ 92 $ — $ 9,603 Loans collectively evaluated for impairment 507,035 85,847 41,151 634,033 Loans acquired with deteriorated credit quality 5,912 — 78 5,990 Total Gross Loans $ 522,458 $ 85,939 $ 41,229 $ 649,626 As of December 31, 2016 Loans individually evaluated for impairment $ 10,323 $ 92 $ — $ 10,415 Loans collectively evaluated for impairment 328,118 42,932 3,544 374,594 Total Gross Loans $ 338,441 $ 43,024 $ 3,544 $ 385,009
Allowance for Loan Losses by Portfolio Segment	Allowance for Loan Losses The allowance for loan losses disaggregated based on loan receivables evaluated for impairment individually and collectively by segment as of June 30, 2017 and December 31, 2016 are as follows: (Dollars in thousands) As of June 30, 2017 Mortgage Commercial Consumer Total Loans individually evaluated for impairment $ 851 $ 92 $ — $ 943 Loans collectively evaluated for impairment 2,835 364 99 3,298 Loans acquired with deteriorated credit quality — — — — Total allowance for loan losses $ 3,686 $ 456 $ 99 $ 4,241 As of December 31, 2016 Mortgage Commercial Consumer Total Loans individually evaluated for impairment $ 803 $ 92 $ — $ 895 Loans collectively evaluated for impairment 2,515 401 52 2,968 Total allowance for loan losses $ 3,318 $ 493 $ 52 $ 3,863 A disaggregation and an analysis of the change in the allowance for loan losses by segment is shown below. (Dollars in thousands) Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2017 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,421 $ 528 $ 44 $ 3,993 (Charge-offs) (141 ) — (193 ) (334 ) Recoveries 10 1 3 14 Provision (recovery) 396 (73 ) 245 568 Ending Balance $ 3,686 $ 456 $ 99 $ 4,241 Mortgage Commercial Consumer Total For the Three Months Ended June 30, 2016 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,410 $ 579 $ 118 $ 4,107 (Charge-offs) (573 ) (158 ) (20 ) (751 ) Recoveries 4 — 4 8 Provision 154 14 15 183 Ending Balance $ 2,995 $ 435 $ 117 $ 3,547 (Dollars in thousands) Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2017 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,318 $ 493 $ 52 $ 3,863 (Charge-offs) (273 ) — (201 ) (474 ) Recoveries 88 1 5 94 Provision (recovery) 553 (38 ) 243 758 Ending Balance $ 3,686 $ 456 $ 99 $ 4,241 Mortgage Commercial Consumer Total For the Six Months Ended June 30, 2016 ALLOWANCE FOR LOAN LOSSES: Beginning Balance $ 3,502 $ 599 $ 122 $ 4,223 (Charge-offs) (656 ) (158 ) (31 ) (845 ) Recoveries 10 5 6 21 Provision (recovery) 139 (11 ) 20 148 Ending Balance $ 2,995 $ 435 $ 117 $ 3,547
Schedule of Changes in Accretable Yield for Purchased Impaired Loans	The following table presents the changes in the accretable yield for purchased impaired loans (refer to Note 3) since acquisition on April 1, 2017 through June 30, 2017 (in thousands): June 30, Balance at acquisition, April 1, 2017 $ 1,354 Accretion (90 ) Reclassifications from nonaccretable balance, net — Other changes, net — Balance as of June 30, 2017 $ 1,264
Internal Risk Rating Grades	Internal Risk Rating Grades Internal risk rating grades are generally assigned to commercial loans not secured by real estate, commercial mortgages, residential mortgages greater than $1 million, smaller residential mortgages which are impaired, loans to real estate developers and contractors, consumer loans greater than $250,000 with chronic delinquency, and TDRs, as shown in the following table. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. Risk grades (refer to Note 3) are evaluated as new information becomes available for each borrowing relationship or at least quarterly. All loan portfolios acquired in the merger are risk graded using loan risk grading software that employs a variety of algorithms based on detailed account characteristics to include borrower’s payment history on a total relationship basis as well as loan to value exposure. For non-homogenous (Dollars in thousands) Construction, Residential Residential Commercial (Non-Owner Commercial Commercial As of June 30, 2017 Development Farmland Mortgage Mortgage Occupied) Occupied) Industrial Consumer Total Grade: Pass $ 46,344 $ 966 $ 42,984 $ 22,924 $ 75,168 $ 60,261 $ 84,483 $ 37,698 $ 370,828 Watch 7,958 — 1,252 33 4,345 11,058 1,230 77 25,953 Special mention 270 — — — 269 254 40 — 833 Substandard 3,319 — 1,482 50 458 2,408 186 165 8,068 Doubtful — — — — — — — — — Total $ 57,891 $ 966 $ 45,718 $ 23,007 $ 80,240 $ 73,981 $ 85,939 $ 37,940 $ 405,682 As of December 31, 2016 Construction, Farmland Commercial (Non-Owner Commercial Commercial 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
Performing and Non Performing Loans	Loans are considered to be nonperforming when they are delinquent by 90 days or more or non-accruing (Dollars in thousands) Residential Residential As of June 30, 2017 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (1) Mortgages (2) Loans (3) Total Performing $ 212,467 $ 25,342 $ 3,289 $ 241,098 Nonperforming 1,889 957 — 2,846 Total $ 214,356 $ 26,299 $ 3,289 $ 243,944 Residential Residential As of December 31, 2016 First and Junior Consumer PAYMENT ACTIVITY STATUS Mortgages (4) Mortgages (5) Loans (6) 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 (1) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.3 million as of June 30, 2017. (2) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.0 million as of June 30, 2017. (3) Consumer Loans had been assigned a risk rating grade of Substandard as of June 30, 2017 totaled $85 thousand as of June 30, 2017. (4) Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016. (5) Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016. (6) No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2016.
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, excluding purchased impaired loans, with the associated allowance amount, if applicable, as of June 30, 2017 and December 31, 2016, along with the average recorded investment and interest income recognized for the three and six months ended June 30, 2017 and 2016, respectively. (Dollars in thousands) As of June 30, 2017 As of December 31, 2016 IMPAIRED LOANS Recorded Customers’ Unpaid Related Recorded Customers’ Unpaid Related With no related allowance: Construction, Land and Land Development $ 1,451 $ 1,532 $ — $ 1,531 $ 1,539 $ — Residential First Mortgages 1,765 1,836 — 2,112 2,176 — Residential Revolving and Junior Mortgages (1) 160 166 — 995 999 — Commercial Mortgages (Non-owner 248 248 — 248 248 — Commercial Mortgages (Owner occupied) 1,682 1,997 — 1,860 2,178 — Commercial and Industrial — — — — — — 5,306 5,779 — 6,746 7,140 — With an allowance recorded: Construction, Land and Land Development 233 283 142 243 286 145 Residential First Mortgages 1,934 1,934 408 1,951 1,951 367 Residential Revolving and Junior Mortgages (1) 1,299 1,302 159 544 546 199 Commercial Mortgages (Non-owner — — — — — — Commercial Mortgages (Owner occupied) 739 764 142 839 854 92 Commercial and Industrial 92 101 92 92 101 92 4,297 4,384 943 3,669 3,738 895 Total Impaired Loans: Construction, Land and Land Development 1,684 1,815 142 1,774 1,825 145 Residential First Mortgages 3,699 3,770 408 4,063 4,127 367 Residential Revolving and Junior Mortgages (1) 1,459 1,468 159 1,539 1,545 199 Commercial Mortgages (Non-owner 248 248 — 248 248 — Commercial Mortgages (Owner occupied) 2,421 2,761 142 2,699 3,032 92 Commercial and Industrial 92 101 92 92 101 92 $ 9,603 $ 10,163 $ 943 $ 10,415 $ 10,878 $ 895 Notes: (1) Junior mortgages include equity lines. For the three months ended For the six months ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (Dollars in thousands) Average Interest Average Interest Average Interest Average Interest With no related allowance: Construction, land and land development $ 1,453 $ 14 $ 1,535 $ 14 $ 1,479 $ 27 $ 1,172 $ 27 Residential First Mortgages 1,769 2 2,728 (2 ) 1,774 7 2,231 14 Residential Revolving and Junior Mortgages (1) 162 — 988 8 162 1 675 19 Commercial Mortgages (Non-owner 247 5 248 4 248 8 253 8 Commercial Mortgages (Owner occupied) 1,689 4 1,393 1 1,777 11 1,190 17 Commercial and Industrial — — — — — — — — 5,320 25 6,892 25 5,440 54 5,521 85 With an allowance recorded: Construction, land and land development 236 1 255 1 238 2 257 2 Residential First Mortgages 1,938 23 2,370 21 1,942 47 2,416 42 Residential Revolving and Junior Mortgages (1) 1,300 5 196 2 1,301 18 195 4 Commercial Mortgages (Non-owner — — — — — — — — Commercial Mortgages (Owner occupied) 737 — 1,460 6 739 — 1,462 11 Commercial and Industrial 92 — 105 1 92 — 109 1 4,303 29 4,386 31 4,312 67 4,439 60 Total Construction, land and land development 1,689 15 1,790 15 1,717 29 1,429 29 Residential First Mortgages 3,707 25 5,098 19 3,716 54 4,647 56 Residential Revolving and Junior Mortgages (1) 1,462 5 1,184 10 1,463 19 870 23 Commercial Mortgages (Non-owner 247 5 248 4 248 8 253 8 Commercial Mortgages (Owner occupied) 2,426 4 2,853 7 2,516 11 2,652 28 Commercial and Industrial 92 — 105 1 92 — 109 1 $ 9,623 $ 54 $ 11,278 $ 56 $ 9,752 $ 121 $ 9,960 $ 145 (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. For the three months ended For the three months ended June 30, 2017 June 30, 2016 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Residential first mortgages (1) — $ — $ — 1 $ 244 $ 244 (1) Modification was a capitalization of interest. For the six months ended For the six months ended June 30, 2017 June 30, 2016 (Dollars in thousands) TROUBLED DEBT RESTRUCTURINGS Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Residential first mortgages (1) — $ — $ — 1 $ 244 $ 244 (1) Modification was a capitalization of interest.
Summary of Properties Included in Other Real Estate Owned (OREO)	The table below details the properties included in other real estate owned (“OREO”) as of June 30, 2017 and December 31, 2016. There were two collateralized consumer residential mortgage loans from two borrowers valued at $127 thousand in the process of foreclosure as of June 30, 2017. As of June 30, 2017 As of December 31, 2016 (Dollars in thousands) No. of Carrying No. of Carrying Residential 5 $ 979 2 $ 891 Land lots 18 3,196 7 547 Convenience store 1 59 1 59 Restaurant 1 55 1 55 Commerical properties 5 1,071 3 942 Total 30 $ 5,360 14 $ 2,494

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
	Jun. 30, 2017
Weighted Average Number of Shares Used in Computing Earnings per Share	The weighted average unearned ESOP shares which were excluded from the computation were 140,542 and 70,267 for the three and six months ended June 30, 2017, respectively. All ESOP shares were allocated for periods prior to April 1, 2017. For the three months ended For the six months ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 Average Per share Average Per share Average Per share Average Per share Basic earnings per share 9,233,615 $ 0.06 4,774,856 $ 0.12 7,017,907 $ 0.05 4,774,856 $ 0.23 Effect of dilutive securities: Stock options 71,181 19,927 66,523 17,718 Diluted earnings per share 9,304,796 $ 0.06 4,794,783 $ 0.12 7,084,430 $ 0.05 4,792,574 $ 0.23

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value of Options	The variables used in these calculations of the fair value of the options are as follows: For the six months ended June 30, 2017 2016 Risk free interest rate (5 year Treasury) 1.78% - 1.93% 1.49% Expected dividend yield 0% 0% Expected term (years) 5 5 Expected volatility 17.2% - 21.7% 40.1%
Summary of Stock Option Activity	Stock option activity for the six months ended June 30, 2017 is summarized below: Shares Weighted Average Weighted Aggregate Options outstanding, January 1, 2017 218,300 $ 6.35 5.9 Granted 13,000 8.54 Forfeited (1,195 ) 8.43 Exercised (24,061 ) 5.69 Expired (9,625 ) 13.96 Options outstanding and exercisable, June 30, 2017 196,419 $ 6.20 5.9 $ 629,496 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2017
Components of Net Periodic (Benefit) Cost	Components of Net Periodic (Benefit) Cost (Dollars in thousands) Pension Benefits Post-Retirement Benefits Six months ended June 30, 2017 2016 2017 2016 Service cost $ — $ — $ 10 $ 11 Interest cost 62 69 10 14 Expected return on plan assets (90 ) (96 ) — — Settlement loss 26 — — — Amortization of net gain — — (4 ) — Recognized net actuarial loss 38 39 — — Net periodic cost $ 36 $ 12 $ 16 $ 25

Long Term Debt (Tables)

Long Term Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Advances of Long Term Debt	The six advances are shown in the following table. Description Balance (000’s) Originated Current Maturity Date Adjustable Rate Hybrid $ 10,000 4/12/2013 3.53511 4/13/2020 Fixed Rate Credit 5,000 12/22/2015 1.08000 9/15/2017 Fixed Rate Credit 5,000 1/17/2017 0.91000 10/17/2017 Fixed Rate Credit 5,000 1/20/2017 0.99500 12/20/2017 Daily Rate Credit 5,000 5/30/2017 1.32000 5/30/2018 Fixed Rate Credit 40,000 6/2/2017 1.04000 7/3/2017 $ 70,000
Subordinated Debt	(Dollars in thousands) Balance as of 6.5% Subordinated Debt $ 7,000 Less: Issuance costs (132 ) $ 6,868

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Schedule of Balances of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016: (Dollars in thousands) Fair Value Measurements at June 30, 2017 Using Description Balance Level 1 Level 2 Level 3 Securities available-for-sale: Corporate bonds $ 6,715 $ — $ — $ 6,715 U. S. Government agencies 27,056 — 27,056 — State and municipal obligations 20,677 — 20,677 — Total securities available-for-sale: $ 54,448 $ — $ 47,733 $ 6,715 Mortgage servicing rights $ 989 $ — $ — $ 989 Defined benefit plan assets: Cash and cash equivalents $ 21 $ 21 $ — $ — Mutual funds - fixed income 1,016 1,016 — — Mutual funds - equity 1,524 1,524 — — Total defined benefit plan assets $ 2,561 $ 2,561 $ — $ — Fair Value Measurements at December 31, 2016 Using Description Balance 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 $ — $ —
Reconciliation of Items Using Level Three Inputs	The reconciliation of items using Level 3 inputs is as follows: Corporate (Dollars in thousands) MSRs Bonds Balance, January 1, 2017 $ 671 $ 7,704 Purchases — — Acquired in merger 324 — Impairments — — Fair value adjustments (6 ) 11 Sales — (1,000 ) Balance, June 30, 2017 $ 989 $ 6,715
Summary of Assets Measured at Fair Value on Nonrecurring Basis	The following table summarizes the Company’s assets that were measured at fair value on a nonrecurring basis at the end of the respective period. Fair Value Measurements at June 30, 2017 Using (Dollars in thousands) Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 3,354 $ — $ — $ 3,354 Other real estate owned, net 5,360 — — 5,360 Fair Value Measurements at December 31, 2016 Using Description Balance as of Level 1 Level 2 Level 3 Impaired Loans, net $ 2,774 $ — $ — $ 2,774 Other real estate owned, net 2,494 — — 2,494
Summary of Quantitative Fair Value Measurements for Level 3	The following table displays quantitative information about Level 3 Fair Value Measurements as of June 30, 2017: (Dollars in thousands) Balance as of Valuation Unobservable Range (Weighted Impaired Loans, net $ 3,354 Discounted appraised value Selling Cost 15% (15%) Other real estate owned, net 5,360 Discounted appraised value Selling Cost 0% - 100% (5%) Lack of Marketability 10% -20% (11%) 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 (Weighted 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%)
Estimated Fair Values of Financial Instruments	The estimated fair values of financial instruments are shown in the following table. The carrying amounts in the table are included in the balance sheet under the applicable captions. Fair Value Measurements at June 30, 2017 Using (Dollars in thousands) Balance as of Fair Value as of Description June 30, 2017 June 30, 2017 Level 1 Level 2 Level 3 Financial Assets: Cash and due from banks $ 7,454 $ 7,454 $ 7,454 $ — $ — Interest-bearing deposits 26,998 26,998 26,998 — — Certificates of deposit 3,224 3,224 — 3,224 — Federal funds sold 6,559 6,559 6,559 — — Securities available-for-sale 54,448 54,448 — 47,733 6,715 Restricted securities 4,662 4,662 — — 4,662 Loans, net 645,701 654,263 — — 654,263 Loans held for sale 55,620 55,620 — — 55,620 Accrued interest receivable 2,624 2,624 — 2,624 — Bank owned life insurance 18,508 18,508 18,508 — — Mortgage servicing rights 989 989 — — 989 Financial Liabilities: Non-interest-bearing $ 97,299 $ 97,299 $ 97,299 $ — $ — Savings and other interest-bearing deposits 282,056 282,056 — 282,056 — Time deposits 309,619 308,952 — — 308,952 Securities sold under repurchase agreements 10,786 10,786 — 10,786 — FHLB advances 70,000 70,591 — 70,591 — Subordinated debt 6,868 7,000 — — 7,000 Accrued interest payable 395 395 — 395 — 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 7,945 7,945 7,945 — — Certificates of deposit 4,216 4,216 — 4,216 — Federal funds sold 1,906 1,906 1,906 — — 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 — Bank owned life insurance 9,869 9,869 9,869 — — 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 —

Changes in Accumulated Other 33

Changes in Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Balances in Accumulated Other Comprehensive Income (Loss)	The balances in accumulated other comprehensive income (loss) are shown in the following tables: For the Three Months Ended June 30, 2017 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2017 $ (490 ) $ (715 ) $ (1,205 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $150 295 — 295 Reclassification for previously unrealized net losses recognized in income, net of tax expense of $2 (5 ) — (5 ) Balance June 30, 2017 $ (200 ) $ (715 ) $ (915 ) For the Three Months Ended June 30, 2016 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance April 1, 2016 $ 438 $ (883 ) $ (445 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $130 255 — 255 Reclassification for previously unrealized net gains recognized in income, net of tax expense of $35 (69 ) — (69 ) Balance June 30, 2016 $ 624 $ (883 ) $ (259 ) For the Six Months Ended June 30, 2017 (Dollars in thousands) Net Unrealized Pension and Post-retirement Accumulated Other Balance January 1, 2017 $ (520 ) $ (715 ) $ (1,235 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $164 321 — 321 Reclassification for previously unrealized net losses recognized in income, net of tax expense of $1 (1 ) — (1 ) Balance June 30, 2017 $ (200 ) $ (715 ) $ (915 ) For the Six Months Ended June 30, 2016 (Dollars in thousands) Net Unrealized Pension and Accumulated Other Balance January 1, 2016 $ 107 $ (883 ) $ (776 ) Change in net unrealized holding gains on securities, before reclassification, net of tax expense of $303 590 — 590 Reclassification for previously unrealized net losses recognized in income, net of tax benefit of $37 (73 ) — (73 ) Balance June 30, 2016 $ 624 $ (883 ) $ (259 )
Reclassification of Unrealized Gains (Losses) and Impairments on Securities	Reclassification for previously unrealized gains (losses) and impairments on securities are reported in the Consolidated Statements of Income as follows. No unrealized gains (losses) on pension and post-employment related costs were reclassified to the Consolidated Statements of Income in the three and six months ended June 30, 2017 and 2016. Accumulated Other Comprehensive Income (Loss) Reclassification for the Three Months Ended Holding (Losses) Gains on Securities (Dollars in thousands) June 30, 2017 June 30, 2016 Net gains on sale of securities available-for-securities $ 7 $ 104 Tax expense (2 ) (35 ) Impact on net income $ 5 $ 69 Accumulated Other Comprehensive Income (Loss) Reclassification for the Six Months Ended Holding (Losses) Gains on Securities (Dollars in thousands) June 30, 2017 June 30, 2016 Net gains on sale of securities available-for-securities $ 2 $ 110 Tax expense (1 ) (37 ) Impact on net income $ 1 $ 73

General - Additional Informatio

General - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017
Organization Presentation And General [Line Items]
Business combination effective date	Apr. 1, 2017
Virginia Commonwealth Bank
Organization Presentation And General [Line Items]
Percent of ownership	100.00%
VCB Financial Group, Inc.
Organization Presentation And General [Line Items]
Percent of ownership	100.00%
Steptoes Holdings
Organization Presentation And General [Line Items]
Percent of ownership	100.00%

Business Combination - Addition

Business Combination - Additional Information (Detail) - USD ($) $ in Thousands	Apr. 01, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2017	Dec. 31, 2016	[1]
Business Acquisition [Line Items]
Goodwill during acquisition		$ 8,966		$ 8,966	$ 2,808
Loans acquired held for sale		55,620		55,620	$ 276
Acquisition related expenses		685		985
Virginia BanCorp
Business Acquisition [Line Items]
Ownership percentage by shareholders of acquiring entity	51.00%
Ownership percentage by shareholders of acquired entity	49.00%
Common stock exchange ratio	1.178
Business combination, number of shares exchanged	4,586,221
Business combination, value of shares exchanged	$ 42,200
Goodwill during acquisition	$ 6,200
Fair value maximum refinement period post acquisition	1 year
Fair value of acquired loans not accounted for as debt securities	$ 268,200
Loans acquired held for sale	55,400
Adjustment on Fair value of premises and equipment	$ 2,700
Percentage of acquired deposit, excluding time deposit	2.52%
Acquisition related expenses		$ 685	$ 174	$ 985
Virginia BanCorp | Purchased Credit Impaired Loans
Business Acquisition [Line Items]
Gross Contractual amount	$ 8,300
Uncollectible receivables	$ 7,400
Virginia BanCorp | Federal Home Loan Bank of Atlanta
Business Acquisition [Line Items]
Maturity Date	Apr. 30, 2017
Virginia BanCorp | Minimum
Business Acquisition [Line Items]
Certificate of deposit maximum maturity period	1 month
Virginia BanCorp | Maximum
Business Acquisition [Line Items]
Certificate of deposit maximum maturity period	5 years
Virginia BanCorp | Certificates of Deposit
Business Acquisition [Line Items]
Adjustment on Fair value of premises and equipment	$ 733
Virginia BanCorp | Core Deposits
Business Acquisition [Line Items]
Core deposit intangible, fair value	$ 3,700
weighted average life of core deposit intangible	92 months
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Business Combination - Schedule

Business Combination - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Apr. 01, 2017	Jun. 30, 2017	Dec. 31, 2016	[1]
Identifiable liabilities assumed:
Goodwill resulting from acquisition		$ 8,966	$ 2,808
As Recorded by the Company
Consideration paid:
Bay Banks of Virginia, Inc. common stock	$ 42,247
Identifiable assets acquired:
Cash and due from banks	2,356
Interest-bearing deposits	12,342
Securities available-for-sale	22,088
Restricted securities	1,543
Loans receivable	212,572
Loans held for sale	55,648
Deferred income taxes	825
Premises and equipment	6,036
Accrued interest receivable	1,229
Other real estate owned	3,113
Core deposit intangible	3,670
Bank owned life insurance	8,430
Mortgage servicing rights	324
Other assets	367
Total identified assets acquired	330,543
Identifiable liabilities assumed:
Noninterest-bearing deposits	21,119
Savings and interest-bearing demand deposits	124,640
Time deposits	122,170
Federal Home Loan Bank advances	25,000
Other liabilities	1,525
Total identifiable liabilities assumed	294,454
Total identifiable assets assumed	36,089
Goodwill resulting from acquisition	6,158
Fair Value Adjustment
Identifiable assets acquired:
Loans receivable	(4,259)
Deferred income taxes	(500)
Premises and equipment	2,703
Accrued interest receivable	(24)
Core deposit intangible	3,670
Total identified assets acquired	1,590
Identifiable liabilities assumed:
Time deposits	733
Total identifiable liabilities assumed	733
Total identifiable assets assumed	857
Virginia Commonwealth Bank
Identifiable assets acquired:
Cash and due from banks	2,356
Interest-bearing deposits	12,342
Securities available-for-sale	22,088
Restricted securities	1,543
Loans receivable	216,831
Loans held for sale	55,648
Deferred income taxes	1,325
Premises and equipment	3,333
Accrued interest receivable	1,253
Other real estate owned	3,113
Bank owned life insurance	8,430
Mortgage servicing rights	324
Other assets	367
Total identified assets acquired	328,953
Identifiable liabilities assumed:
Noninterest-bearing deposits	21,119
Savings and interest-bearing demand deposits	124,640
Time deposits	121,437
Federal Home Loan Bank advances	25,000
Other liabilities	1,525
Total identifiable liabilities assumed	293,721
Total identifiable assets assumed	$ 35,232
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Business Combination - Summary

Business Combination - Summary of Information about the PCI loan portfolio (Detail) - Virginia BanCorp $ in Thousands	Apr. 01, 2017USD ($)
Certain Loans Acquired in Transfer Accounted for as Debt Securities Pci Loan Schedule [Line Items]
Purchase credit impaired loans - estimated fair value	$ 268,200
Purchased Credit Impaired Loans
Certain Loans Acquired in Transfer Accounted for as Debt Securities Pci Loan Schedule [Line Items]
Contractual principal and interest due	8,303
Nonaccretable difference	869
Expected cash flows	7,434
Accretable yield	1,354
Purchase credit impaired loans - estimated fair value	$ 6,080

Business Combination - Schedu38

Business Combination - Schedule of Pro Forma Financial Information (Detail) - Virginia Commonwealth Bank - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Net interest income	$ 7,719	$ 6,564	$ 11,845	$ 12,954
Net income	$ 870	$ 1,223	$ 1,464	$ 2,371

Business Combination - Summar39

Business Combination - Summary of impact of Certain Acquisition Accounting Adjustments (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition, Pro Forma Information [Line Items]
Net income before income taxes		$ 811	$ 776	$ 513	$ 1,453
Virginia Commonwealth Bank
Business Acquisition, Pro Forma Information [Line Items]
Loans	[1]	451		451
Core deposit intangible	[2]	(234)		(234)
Time deposits	[3]	117		117
Depreciation	[4]	(10)		(10)
Net income before income taxes		$ 324		$ 324
[1]	Loan discount accretion is included in the "Loans, including fees" section of "Interest Income" in the consolidated statements of income.
[2]	Core deposit intangible premium amortization is included in "Other expense" section of "Non-Interest Expenses in the consolidated statements of income.
[3]	Time deposit premium amortization is included in the "Deposits" section of "Interest Expense" in the consolidated statements of income.
[4]	Depreciation on the fair value mark up of fixed assets is included in "Occupancy expense" section of "Non-Interest Expense" in the consolidated statements of income.

Significant Accounting Polici40

Significant Accounting Policies - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Significant Accounting Policies [Line Items]
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) all loans risk rated Special Mention or worse with balances of $400 thousand or more or where the borrower has filed for bankruptcy; and (2) all loans classified as a TDR .
Loan Receivables	$ 405,682,000	$ 161,033,000
Number of ESOP unit	2
Amortize of ESOP	9 years
Special Mention
Significant Accounting Policies [Line Items]
Loan Receivables	$ 833,000	$ 2,030,000
Residential First Mortgages
Significant Accounting Policies [Line Items]
Minimum balance in order to assign a risk rating grade	1,000,000
Consumer and Other Loans
Significant Accounting Policies [Line Items]
Minimum balance in order to assign a risk rating grade	$ 250,000
Minimum
Significant Accounting Policies [Line Items]
Number of days past due for a loan to remain on accrual status	90 days
Minimum | Special Mention
Significant Accounting Policies [Line Items]
Loan Receivables	$ 400,000

Securities - Aggregate Amortize

Securities - Aggregate Amortized Costs and Fair Values of Available-for-Sale Securities Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 54,718	$ 51,929
Gross Unrealized Gains	341	116
Gross Unrealized (Losses)	(611)	(872)
Fair Value	54,448	51,173	[1]
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	6,696	7,695
Gross Unrealized Gains	20	14
Gross Unrealized (Losses)	(1)	(5)
Fair Value	6,715	7,704
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	27,319	25,668
Gross Unrealized Gains	123	53
Gross Unrealized (Losses)	(386)	(408)
Fair Value	27,056	25,313
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	20,703	18,566
Gross Unrealized Gains	198	49
Gross Unrealized (Losses)	(224)	(459)
Fair Value	$ 20,677	$ 18,156
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Securities - Gross Realized Gai

Securities - Gross Realized Gains and Gross Realized Losses on Sales of Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	$ 7	$ 105	$ 7	$ 120
Gross realized losses		(1)	(5)	(10)
Net realized gains	7	104	2	110
Aggregate proceeds	$ 16,667	$ 6,395	$ 17,662	$ 9,097

Securities - Additional Informa

Securities - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)Bond	Jun. 30, 2016	Jun. 30, 2017USD ($)Bond	Jun. 30, 2016	Dec. 31, 2016USD ($)Bond
Schedule of Available-for-sale Securities [Line Items]
Average yields (taxable equivalent) on securities	3.09%	3.08%	3.11%	3.06%
Market value of securities	$ 14,700		$ 14,700		$ 19,100
Securities sold under repurchase agreements	10,786		10,786		18,310	[1]
Company's investment in Federal Home Loan Bank stock	3,700		3,700		1,900
Company's investment in Federal Reserve Bank stock	$ 745		$ 745		$ 580
Municipal Securities
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	23		23		39
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	40		40		37
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Bonds with unrealized loss positions | Bond	1		1		1
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Securities - Unrealized Loss Po

Securities - Unrealized Loss Positions (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	$ 25,759	$ 34,816
Less than 12 months, Unrealized Loss	(478)	(860)
12 months or more, Fair Value	5,745	1,308
12 months or more, Unrealized Loss	(133)	(12)
Fair Value, Total	31,504	36,124
Total Unrealized Loss	(611)	(872)
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	500	995
Less than 12 months, Unrealized Loss	(1)	(5)
Fair Value, Total	500	995
Total Unrealized Loss	(1)	(5)
US Government Agencies
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	18,052	20,933
Less than 12 months, Unrealized Loss	(298)	(396)
12 months or more, Fair Value	4,792	1,308
12 months or more, Unrealized Loss	(88)	(12)
Fair Value, Total	22,844	22,241
Total Unrealized Loss	(386)	(408)
State and Municipal Obligations
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Fair Value	7,207	12,888
Less than 12 months, Unrealized Loss	(179)	(459)
12 months or more, Fair Value	953
12 months or more, Unrealized Loss	(45)
Fair Value, Total	8,160	12,888
Total Unrealized Loss	$ (224)	$ (459)

Low Income Housing Tax Credits

Low Income Housing Tax Credits - Additional Information (Detail) - Housing Equity Funds $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2017USD ($)Investment
Schedule of Equity Method Investments [Line Items]
Number of investments in housing equity funds | Investment		3
Affordable housing investments and related tax benefits term		2,029
Tax credits and other tax benefits recognized related to investments	$ 19	$ 45
Total projected tax credits to be received from investments	89	89
Other assets
Schedule of Equity Method Investments [Line Items]
Investments in housing equity funds	1,500	1,500
Other Liabilities
Schedule of Equity Method Investments [Line Items]
Additional capital calls expected for the fund	$ 1,500	$ 1,500

Loans - Summary of Balances of

Loans - Summary of Balances of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Summary of balances of loans
Total loans	$ 649,626	$ 385,009
Net unamortized deferred loan costs	316	391
Allowance for loan losses	(4,241)	(3,863)	[1]
Loans, net	645,701	381,537	[1]
Construction, Land and Land Development
Summary of balances of loans
Total loans	57,891	39,818
Farmland
Summary of balances of loans
Total loans	966	1,023
Commercial Mortgages (Non-Owner Occupied)
Summary of balances of loans
Total loans	80,240	35,343
Commercial Mortgages (Owner Occupied)
Summary of balances of loans
Total loans	73,981	41,825
Residential First Mortgages
Summary of balances of loans
Total loans	260,074	194,007
Residential Revolving and Junior Mortgages
Summary of balances of loans
Total loans	49,306	26,425
Commercial and Industrial
Summary of balances of loans
Total loans	85,939	43,024
Allowance for loan losses	(456)	(493)
Consumer and Other Loans
Summary of balances of loans
Total loans	41,229	3,544
Allowance for loan losses	$ (99)	$ (52)
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Loans - Additional Information

Loans - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of days past due for a loan to remain on accrual status	90 days

Loans - Recorded Investment in

Loans - Recorded Investment in Past Due and Non-accruing Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	$ 1,262	$ 2,679
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	5,362	5,300
Total Past Due and Nonaccruals	6,624	7,979
Current	643,002	377,030
Total Gross Loans	649,626	385,009
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	93
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	542	623
Total Past Due and Nonaccruals	635	623
Current	57,256	39,195
Total Gross Loans	57,891	39,818
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		57
90 Days or More Past Due and Still Accruing	0	0
Total Past Due and Nonaccruals		57
Current	966	966
Total Gross Loans	966	1,023
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	454
90 Days or More Past Due and Still Accruing	0	0
Total Past Due and Nonaccruals	454
Current	79,786	35,343
Total Gross Loans	80,240	35,343
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		188
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	1,747	2,270
Total Past Due and Nonaccruals	1,747	2,458
Current	72,234	39,367
Total Gross Loans	73,981	41,825
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	236	1,546
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	1,941	2,155
Total Past Due and Nonaccruals	2,177	3,701
Current	257,897	190,306
Total Gross Loans	260,074	194,007
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	43	480
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	956	160
Total Past Due and Nonaccruals	999	640
Current	48,307	25,785
Total Gross Loans	49,306	26,425
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due		408
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	110	92
Total Past Due and Nonaccruals	110	500
Current	85,829	42,524
Total Gross Loans	85,939	43,024
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
30-89 Days Past Due	436
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	66
Total Past Due and Nonaccruals	502
Current	40,727	3,544
Total Gross Loans	$ 41,229	$ 3,544

Loans - Summary of Recorded inv

Loans - Summary of Recorded investment of purchased impaired loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	$ 1,262	$ 2,679
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	5,362	5,300
Total Past Due and Nonaccruals	6,624	7,979
Current	643,002	377,030
Total loans	649,626	385,009
Construction, Land and Land Development
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	93
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	542	623
Total Past Due and Nonaccruals	635	623
Current	57,256	39,195
Total loans	57,891	39,818
Commercial Mortgages (Non-Owner Occupied)
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	454
90 Days or More Past Due and Still Accruing	0	0
Total Past Due and Nonaccruals	454
Current	79,786	35,343
Total loans	80,240	35,343
Commercial Mortgages (Owner Occupied)
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due		188
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	1,747	2,270
Total Past Due and Nonaccruals	1,747	2,458
Current	72,234	39,367
Total loans	73,981	41,825
Residential First Mortgages
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	236	1,546
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	1,941	2,155
Total Past Due and Nonaccruals	2,177	3,701
Current	257,897	190,306
Total loans	260,074	194,007
Residential Revolving and Junior Mortgages
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	43	480
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	956	160
Total Past Due and Nonaccruals	999	640
Current	48,307	25,785
Total loans	49,306	26,425
Consumer and Other Loans
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	436
90 Days or More Past Due and Still Accruing	0	0
Nonaccruals	66
Total Past Due and Nonaccruals	502
Current	40,727	3,544
Total loans	41,229	$ 3,544
Impaired Financing Receivable
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	29
90 Days or More Past Due and Still Accruing	408
Nonaccruals	0
Total Past Due and Nonaccruals	437
Current	5,553
Total loans	5,990
Impaired Financing Receivable | Construction, Land and Land Development
Financing Receivable, Impaired [Line Items]
Nonaccruals	0
Current	1,421
Total loans	1,421
Impaired Financing Receivable | Commercial Mortgages (Non-Owner Occupied)
Financing Receivable, Impaired [Line Items]
Nonaccruals	0
Current	187
Total loans	187
Impaired Financing Receivable | Commercial Mortgages (Owner Occupied)
Financing Receivable, Impaired [Line Items]
90 Days or More Past Due and Still Accruing	182
Nonaccruals	0
Total Past Due and Nonaccruals	182
Current	173
Total loans	355
Impaired Financing Receivable | Residential First Mortgages
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	24
90 Days or More Past Due and Still Accruing	206
Nonaccruals	0
Total Past Due and Nonaccruals	230
Current	3,665
Total loans	3,895
Impaired Financing Receivable | Residential Revolving and Junior Mortgages
Financing Receivable, Impaired [Line Items]
90 Days or More Past Due and Still Accruing	20
Nonaccruals	0
Total Past Due and Nonaccruals	20
Current	34
Total loans	54
Impaired Financing Receivable | Consumer and Other Loans
Financing Receivable, Impaired [Line Items]
30-89 Days Past Due	5
Nonaccruals	0
Total Past Due and Nonaccruals	5
Current	73
Total loans	$ 78

Allowance for Loan Losses - Loa

Allowance for Loan Losses - Loan Receivables Evaluated for Impairment Individually and Collectively by Segment (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	$ 9,603	$ 10,415
Loans collectively evaluated for impairment	634,033	374,594
Total Gross Loans	649,626	385,009
Loans acquired with deteriorated credit quality	405,682	161,033
Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	5,990
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	9,511	10,323
Loans collectively evaluated for impairment	507,035	328,118
Total Gross Loans	522,458	338,441
Mortgage Loans on Real Estate | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	5,912
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	92	92
Loans collectively evaluated for impairment	85,847	42,932
Total Gross Loans	85,939	43,024
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans collectively evaluated for impairment	41,151	3,544
Total Gross Loans	41,229	$ 3,544
Consumer and Other Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	$ 78

Allowance for Loan Losses - All

Allowance for Loan Losses - Allowance for Loan Losses Disaggregated Based on Loan Receivables Evaluated for Impairment Individually and Collectively by Segment (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	$ 943		$ 895
Loans collectively evaluated for impairment	3,298		2,968
Total allowance for loan losses	4,241		3,863	[1]
Loans acquired with deteriorated credit quality	4,241	$ 3,993	3,863		$ 3,547	$ 4,107	$ 4,223
Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	0
Mortgage Loans on Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	851		803
Loans collectively evaluated for impairment	2,835		2,515
Total allowance for loan losses	3,686		3,318
Loans acquired with deteriorated credit quality	3,686	3,421	3,318		2,995	3,410	3,502
Mortgage Loans on Real Estate | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	0
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans individually evaluated for impairment	92		92
Loans collectively evaluated for impairment	364		401
Total allowance for loan losses	456		493
Loans acquired with deteriorated credit quality	456	528	493		435	579	599
Commercial and Industrial | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	0
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans collectively evaluated for impairment	99		52
Total allowance for loan losses	99		52
Loans acquired with deteriorated credit quality	99	$ 44	$ 52		$ 117	$ 118	$ 122
Consumer and Other Loans | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality	$ 0
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Allowance for Loan Losses - A52

Allowance for Loan Losses - Allowance for Loan Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	$ 3,993	$ 4,107	$ 3,863	$ 4,223
(Charge-offs)	(334)	(751)	(474)	(845)
Recoveries	14	8	94	21
Provision (recovery)	568	183	758	148
Ending Balance	4,241	3,547	4,241	3,547
Mortgage Loans on Real Estate
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	3,421	3,410	3,318	3,502
(Charge-offs)	(141)	(573)	(273)	(656)
Recoveries	10	4	88	10
Provision (recovery)	396	154	553	139
Ending Balance	3,686	2,995	3,686	2,995
Commercial and Industrial
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	528	579	493	599
(Charge-offs)		(158)		(158)
Recoveries	1		1	5
Provision (recovery)	(73)	14	(38)	(11)
Ending Balance	456	435	456	435
Consumer and Other Loans
ALLOWANCE FOR LOAN LOSSES:
Beginning Balance	44	118	52	122
(Charge-offs)	(193)	(20)	(201)	(31)
Recoveries	3	4	5	6
Provision (recovery)	245	15	243	20
Ending Balance	$ 99	$ 117	$ 99	$ 117

Allowance for Loan Losses - Cha

Allowance for Loan Losses - Changes in Accretable Yield for Purchased Impaired Loans (Detail) - Purchased Impaired Loans $ in Thousands	3 Months Ended
	Jun. 30, 2017USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance Beginning	$ 1,354
Accretion	(90)
Reclassifications from nonaccretable balance, net	0
Other changes, net	0
Balance Ending	$ 1,264

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)Property	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)PropertyPerson	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Period of nonperforming loans			90 days
Non-accruing loans excluded from impaired loan	$ 760,000		$ 760,000		$ 465,000
Non-accruing loans accrued interest	6,000	$ 3,000	9,000	$ 3,000
Loans modified as TDRs	$ 0	$ 0	$ 0	$ 0
No. of Properties | Property	30		30		14
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential properties collateralized with loan | Property			2
Residential mortgage loan amount	$ 127,000		$ 127,000
No. of Borrowers | Person			2
No. of Properties | Property	5		5		2
Residential | Other assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Properties marketed for sale, value	$ 708,000		$ 708,000
No. of Properties | Property	1		1
Branch Office | Other assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Properties marketed for sale, value					$ 403,000
No. of Properties | Property					1
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance in order to assign a risk rating grade	$ 1,000,000		$ 1,000,000
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance in order to assign a risk rating grade	$ 250,000		$ 250,000

Allowance for Loan Losses - Int

Allowance for Loan Losses - Internal Risk Rating Grades (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
INTERNAL RISK RATING GRADES
Loan Receivables	$ 405,682	$ 161,033
Pass
INTERNAL RISK RATING GRADES
Loan Receivables	370,828	135,703
Watch
INTERNAL RISK RATING GRADES
Loan Receivables	25,953	18,522
Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	833	2,030
Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	8,068	4,778
Construction, Land and Land Development
INTERNAL RISK RATING GRADES
Loan Receivables	57,891	39,818
Construction, Land and Land Development | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	46,344	32,009
Construction, Land and Land Development | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	7,958	5,795
Construction, Land and Land Development | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	270	180
Construction, Land and Land Development | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	3,319	1,834
Farmland
INTERNAL RISK RATING GRADES
Loan Receivables	966	1,023
Farmland | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	966	1,023
Commercial Mortgages (Non-Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	80,240	35,343
Commercial Mortgages (Non-Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	75,168	30,639
Commercial Mortgages (Non-Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	4,345	4,184
Commercial Mortgages (Non-Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	269	272
Commercial Mortgages (Non-Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	458	248
Commercial Mortgages (Owner Occupied)
INTERNAL RISK RATING GRADES
Loan Receivables	73,981	41,825
Commercial Mortgages (Owner Occupied) | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	60,261	31,191
Commercial Mortgages (Owner Occupied) | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	11,058	6,652
Commercial Mortgages (Owner Occupied) | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	254	1,453
Commercial Mortgages (Owner Occupied) | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	2,408	2,529
Commercial and Industrial
INTERNAL RISK RATING GRADES
Loan Receivables	85,939	43,024
Commercial and Industrial | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	84,483	40,841
Commercial and Industrial | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	1,230	1,891
Commercial and Industrial | Special Mention
INTERNAL RISK RATING GRADES
Loan Receivables	40	125
Commercial and Industrial | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	186	$ 167
Residential First Mortgages
INTERNAL RISK RATING GRADES
Loan Receivables	45,718
Residential First Mortgages | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	42,984
Residential First Mortgages | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	1,252
Residential First Mortgages | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	1,482
Residential Revolving and Junior Mortgages
INTERNAL RISK RATING GRADES
Loan Receivables	23,007
Residential Revolving and Junior Mortgages | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	22,924
Residential Revolving and Junior Mortgages | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	33
Residential Revolving and Junior Mortgages | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	50
Consumer and Other Loans
INTERNAL RISK RATING GRADES
Loan Receivables	37,940
Consumer and Other Loans | Pass
INTERNAL RISK RATING GRADES
Loan Receivables	37,698
Consumer and Other Loans | Watch
INTERNAL RISK RATING GRADES
Loan Receivables	77
Consumer and Other Loans | Substandard
INTERNAL RISK RATING GRADES
Loan Receivables	$ 165

Allowance for Loan Losses - Per

Allowance for Loan Losses - Performing and Non Performing Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016
Performing and non performing loans
Loan receivables	$ 243,944		$ 223,976
Performing
Performing and non performing loans
Loan receivables	241,098		221,661
Nonperforming
Performing and non performing loans
Loan receivables	2,846		2,315
Residential First Mortgages
Performing and non performing loans
Loan receivables	214,356	[1]	194,007	[2]
Residential First Mortgages | Performing
Performing and non performing loans
Loan receivables	212,467	[1]	191,852	[2]
Residential First Mortgages | Nonperforming
Performing and non performing loans
Loan receivables	1,889	[1]	2,155	[2]
Residential Revolving and Junior Mortgages
Performing and non performing loans
Loan receivables	26,299	[3]	26,425	[4]
Residential Revolving and Junior Mortgages | Performing
Performing and non performing loans
Loan receivables	25,342	[3]	26,265	[4]
Residential Revolving and Junior Mortgages | Nonperforming
Performing and non performing loans
Loan receivables	957	[3]	160	[4]
Consumer and Other Loans
Performing and non performing loans
Loan receivables	3,289	[5]	3,544	[6]
Consumer and Other Loans | Performing
Performing and non performing loans
Loan receivables	$ 3,289	[5]	$ 3,544	[6]
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.3 million as of June 30, 2017.
[2]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016.
[3]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.0 million as of June 30, 2017.
[4]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016.
[5]	Consumer Loans had been assigned a risk rating grade of Substandard as of June 30, 2017 totaled $85 thousand as of June 30, 2017.
[6]	No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2016

Allowance for Loan Losses - P57

Allowance for Loan Losses - Performing and Non Performing Loans (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 243,944		$ 223,976
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	214,356	[1]	194,007	[2]
Residential First Mortgages | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	2,300		3,300
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	26,299	[3]	26,425	[4]
Residential Revolving and Junior Mortgages | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	1,000		1,100
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	3,289	[5]	3,544	[6]
Consumer and Other Loans | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Risk rating grade totaled	$ 85		$ 0
[1]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $2.3 million as of June 30, 2017.
[2]	Residential First Mortgages which have been assigned a risk rating grade of Substandard totaled $3.3 million as of December 31, 2016.
[3]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.0 million as of June 30, 2017.
[4]	Residential Revolving and Junior Mortgages which have been assigned a risk rating grade of Substandard totaled $1.1 million as of December 31, 2016.
[5]	Consumer Loans had been assigned a risk rating grade of Substandard as of June 30, 2017 totaled $85 thousand as of June 30, 2017.
[6]	No Consumer Loans had been assigned a risk rating grade of Substandard as of December 31, 2016

Allowance for Loan Losses - Com

Allowance for Loan Losses - Company's Recorded Investment and Customers' Unpaid Principal Balances for Impaired Loans, with Associated Allowance Amount (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		$ 5,306		$ 5,306		$ 6,746
With no related allowance, Customers' Unpaid Principal Balance		5,779		5,779		7,140
With an allowance recorded, Recorded Investment		4,297		4,297		3,669
With an allowance recorded, Customers' Unpaid Principal Balance		4,384		4,384		3,738
With an allowance recorded, Related Allowance		943		943		895
Total Impaired Loans, Recorded Investment		9,603		9,603		10,415
Total Impaired Loans, Customers' Unpaid Principal Balance		10,163		10,163		10,878
Total Impaired Loans, Related Allowance		943		943		895
With no related allowance, Average Recorded Investment		5,320	$ 6,892	5,440	$ 5,521
With no related allowance, Interest Income Recognized		25	25	54	85
With an allowance recorded, Average Recorded Investment		4,303	4,386	4,312	4,439
With an allowance recorded, Interest Income Recognized		29	31	67	60
Total, Average Recorded Investment		9,623	11,278	9,752	9,960
Total, Interest Income Recognized		54	56	121	145
Construction, Land and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,451		1,451		1,531
With no related allowance, Customers' Unpaid Principal Balance		1,532		1,532		1,539
With an allowance recorded, Recorded Investment		233		233		243
With an allowance recorded, Customers' Unpaid Principal Balance		283		283		286
With an allowance recorded, Related Allowance		142		142		145
Total Impaired Loans, Recorded Investment		1,684		1,684		1,774
Total Impaired Loans, Customers' Unpaid Principal Balance		1,815		1,815		1,825
Total Impaired Loans, Related Allowance		142		142		145
With no related allowance, Average Recorded Investment		1,453	1,535	1,479	1,172
With no related allowance, Interest Income Recognized		14	14	27	27
With an allowance recorded, Average Recorded Investment		236	255	238	257
With an allowance recorded, Interest Income Recognized		1	1	2	2
Total, Average Recorded Investment		1,689	1,790	1,717	1,429
Total, Interest Income Recognized		15	15	29	29
Residential First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,765		1,765		2,112
With no related allowance, Customers' Unpaid Principal Balance		1,836		1,836		2,176
With an allowance recorded, Recorded Investment		1,934		1,934		1,951
With an allowance recorded, Customers' Unpaid Principal Balance		1,934		1,934		1,951
With an allowance recorded, Related Allowance		408		408		367
Total Impaired Loans, Recorded Investment		3,699		3,699		4,063
Total Impaired Loans, Customers' Unpaid Principal Balance		3,770		3,770		4,127
Total Impaired Loans, Related Allowance		408		408		367
With no related allowance, Average Recorded Investment		1,769	2,728	1,774	2,231
With no related allowance, Interest Income Recognized		2	(2)	7	14
With an allowance recorded, Average Recorded Investment		1,938	2,370	1,942	2,416
With an allowance recorded, Interest Income Recognized		23	21	47	42
Total, Average Recorded Investment		3,707	5,098	3,716	4,647
Total, Interest Income Recognized		25	19	54	56
Residential Revolving and Junior Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment	[1]	160		160		995
With no related allowance, Customers' Unpaid Principal Balance	[1]	166		166		999
With an allowance recorded, Recorded Investment	[1]	1,299		1,299		544
With an allowance recorded, Customers' Unpaid Principal Balance	[1]	1,302		1,302		546
With an allowance recorded, Related Allowance	[1]	159		159		199
Total Impaired Loans, Recorded Investment	[1]	1,459		1,459		1,539
Total Impaired Loans, Customers' Unpaid Principal Balance	[1]	1,468		1,468		1,545
Total Impaired Loans, Related Allowance	[1]	159		159		199
With no related allowance, Average Recorded Investment	[1]	162	988	162	675
With no related allowance, Interest Income Recognized	[1]		8	1	19
With an allowance recorded, Average Recorded Investment	[1]	1,300	196	1,301	195
With an allowance recorded, Interest Income Recognized	[1]	5	2	18	4
Total, Average Recorded Investment	[1]	1,462	1,184	1,463	870
Total, Interest Income Recognized	[1]	5	10	19	23
Commercial Mortgages (Non-Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		248		248		248
With no related allowance, Customers' Unpaid Principal Balance		248		248		248
Total Impaired Loans, Recorded Investment		248		248		248
Total Impaired Loans, Customers' Unpaid Principal Balance		248		248		248
With no related allowance, Average Recorded Investment		247	248	248	253
With no related allowance, Interest Income Recognized		5	4	8	8
Total, Average Recorded Investment		247	248	248	253
Total, Interest Income Recognized		5	4	8	8
Commercial Mortgages (Owner Occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
With no related allowance, Recorded Investment		1,682		1,682		1,860
With no related allowance, Customers' Unpaid Principal Balance		1,997		1,997		2,178
With an allowance recorded, Recorded Investment		739		739		839
With an allowance recorded, Customers' Unpaid Principal Balance		764		764		854
With an allowance recorded, Related Allowance		142		142		92
Total Impaired Loans, Recorded Investment		2,421		2,421		2,699
Total Impaired Loans, Customers' Unpaid Principal Balance		2,761		2,761		3,032
Total Impaired Loans, Related Allowance		142		142		92
With no related allowance, Average Recorded Investment		1,689	1,393	1,777	1,190
With no related allowance, Interest Income Recognized		4	1	11	17
With an allowance recorded, Average Recorded Investment		737	1,460	739	1,462
With an allowance recorded, Interest Income Recognized			6		11
Total, Average Recorded Investment		2,426	2,853	2,516	2,652
Total, Interest Income Recognized		4	7	11	28
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
With an allowance recorded, Recorded Investment		92		92		92
With an allowance recorded, Customers' Unpaid Principal Balance		101		101		101
With an allowance recorded, Related Allowance		92		92		92
Total Impaired Loans, Recorded Investment		92		92		92
Total Impaired Loans, Customers' Unpaid Principal Balance		101		101		101
Total Impaired Loans, Related Allowance		92		92		$ 92
With an allowance recorded, Average Recorded Investment		92	105	92	109
With an allowance recorded, Interest Income Recognized			1		1
Total, Average Recorded Investment		$ 92	105	$ 92	109
Total, Interest Income Recognized			$ 1		$ 1
[1]	Junior mortgages include equity lines.

Allowance for Loan Losses - Sum

Allowance for Loan Losses - Summary of Troubled Debt Restructurings (Detail) - Residential First Mortgages $ in Thousands		3 Months Ended	6 Months Ended
		Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans	[1]	1	1
Pre-Modification Outstanding Recorded Investment	[1]	$ 244	$ 244
Post-Modification Outstanding Recorded Investment	[1]	$ 244	$ 244
[1]	Modification was a capitalization of interest.

Other Real Estate Owned Net - S

Other Real Estate Owned Net - Summary of Properties Included in Other Real Estate Owned (OREO) (Detail) $ in Thousands	Jun. 30, 2017USD ($)Property	Dec. 31, 2016USD ($)Property
Real Estate Properties [Line Items]
No. of Properties | Property	30	14
Carrying Value | $	$ 5,360	$ 2,494	[1]
Land lots
Real Estate Properties [Line Items]
No. of Properties | Property	18	7
Carrying Value | $	$ 3,196	$ 547
Convenience Stores
Real Estate Properties [Line Items]
No. of Properties | Property	1	1
Carrying Value | $	$ 59	$ 59
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	5	3
Carrying Value | $	$ 1,071	$ 942
Residential
Real Estate Properties [Line Items]
No. of Properties | Property	5	2
Carrying Value | $	$ 979	$ 891
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Unearned Employee Stock Ownership Plan Shares
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	15,758	46,135	22,758	53,635
Employee Stock Ownership Plan (ESOP), Plan
Computation Of Earnings Per Share Line Items
Shares not included in computing diluted earnings per share because effects were anti-dilutive	140,542		70,267

Earnings per share - Weighted A

Earnings per share - Weighted Average Number of Shares Used in Computing Earnings Per Share (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Basic earnings per share	9,233,615	4,774,856	7,017,907	4,774,856
Effect of dilutive securities:
Stock options	71,181	19,927	66,523	17,718
Diluted earnings per share	9,304,796	4,794,783	7,084,430	4,792,574
Basic earnings per share	$ 0.06	$ 0.12	$ 0.05	$ 0.23
Diluted earnings per share	$ 0.06	$ 0.12	$ 0.05	$ 0.23

Stock-Based Compensation Plans

Stock-Based Compensation Plans - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)ExecutiveOfficersshares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)ExecutiveOfficersshares	Jun. 30, 2016USD ($)	Dec. 31, 2016shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant | shares	311,209		311,209
Stock-based compensation expense			$ 67,000	$ 16,000
Unrecognized compensation expenses related to stock award	$ 0		0
Unearned Employee Stock Ownership Plan Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 8,000	$ 0	24,000	16,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense			$ 43,000	$ 0
Number of executives | ExecutiveOfficers	3		3
Share based compensation, unvested restricted stock granted | shares	9,000		9,000		0
Restricted Stock | Executive
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation, restricted stock granted | shares			14,000

Stock-Based Compensation - Fair

Stock-Based Compensation - Fair Value of Options (Detail)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate (5 year Treasury)		1.49%
Risk free interest rate minimum(5 year Treasury)	1.78%
Risk free interest rate maximum (5 year Treasury)	1.93%
Expected dividend yield	0.00%	0.00%
Expected term (years)	5 years	5 years
Expected volatility		40.10%
Expected volatility minimum	17.20%
Expected volatility maximum	21.70%

Stock-Based Compensation - Fa65

Stock-Based Compensation - Fair Value of Options (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price volatility, risk free interest period	5 years	5 years

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Detail) - USD ($)		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, beginning		218,300
Granted, shares		13,000
Forfeited, shares		(1,195)
Exercised, shares		(24,061)
Expired, shares		(9,625)
Options outstanding and exercisable, ending		196,419	218,300
Options outstanding, beginning, Weighted Average Exercise Price		$ 6.35
Granted, Weighted Average Exercise Price		8.54
Forfeited, Weighted Average Exercise Price		8.43
Exercised, Weighted Average Exercise Price		5.69
Expired, Weighted Average Exercise Price		13.96
Options outstanding and exercisable, ending, Weighted Average Exercise Price		$ 6.20	$ 6.35
Options outstanding and exercisable, ending, Weighted Average Remaining Contractual Life		5 years 10 months 25 days	5 years 10 months 25 days
Options outstanding, ending, Aggregate Intrinsic Value	[1]	$ 629,496
[1]	The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on June 30, 2017. This amount changes based on changes in the market value of the Company's common stock.

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017USD ($)
Defined Contribution Plan Disclosure [Line Items]
Minimum age of full-time employees	21 years
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
Pension Plan, Defined Benefit
Defined Contribution Plan Disclosure [Line Items]
Expected employer contribution	$ 0
Other Postretirement Benefit Plan, Defined Benefit
Defined Contribution Plan Disclosure [Line Items]
Expected employer contribution	3,000
Employer contribution	$ 3,000

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Gain) (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Pension Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	$ 62	$ 69
Expected return on plan assets	(90)	(96)
Settlement loss	26
Recognized net actuarial loss	38	39
Net periodic cost	36	12
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	10	11
Interest cost	10	14
Amortization of net gain	(4)
Net periodic cost	$ 16	$ 25

Long Term Debt - Additional Inf

Long Term Debt - Additional Information (Detail)	May 28, 2015USD ($)	Jun. 30, 2017USD ($)Loan	Sep. 01, 2017	Dec. 31, 2016USD ($)Loan
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 70,000,000		$ 35,000,000	[1]
Number of FHLB debt advances | Loan		6		5
Immediate available credit		$ 44,300,000
Total line of credit		$ 125,300,000
Weighted average interest rate		1.41%		1.49%
Virginia BanCorp
Debt Instrument [Line Items]
Current Interest Rate		3.25%
Debt acquired in merger		$ 911,000
Debt instrument, maturity date range, start		Mar. 1, 2019
Debt instrument, maturity date range, end		Nov. 1, 2026
Subordinated Debt Due May 2025
Debt Instrument [Line Items]
Debt instrument, maturity date	May 28, 2025
Current Interest Rate	6.50%	6.50%
Debt instrument, face amount	$ 7,000,000	$ 7,000,000
Debt instrument, frequency of payment		1st of March and September of each year, commencing September 1, 2015
Debt instrument integral multiple principal amount	$ 1,000
Debt instrument redemption period start date	May 28, 2020
FHLB
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 40,000,000
Debt instrument, maturity date		Jul. 3, 2017
FHLB | Fixed Rate Credit
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 50,000,000
Debt instrument, maturity date		Aug. 2, 2017
Current Interest Rate		1.14%
FHLB | Daily Rate Credit [Member]
Debt Instrument [Line Items]
Federal Home Loan Bank advances		$ 5,000,000
Debt instrument, maturity date		May 30, 2018
FHLB | Scenario, Forecast | Fixed Rate Credit
Debt Instrument [Line Items]
Current Interest Rate			1.16%
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Long Term Debt - Advances of De

Long Term Debt - Advances of Debt (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	[1]
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 70,000	$ 35,000
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	3.53511%
Maturity Date	Apr. 13, 2020
Daily Rate Credit [Member] | Federal Home Loan Bank Advances Five
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000
Originated	May 30, 2017
Current Interest Rate	1.32%
Maturity Date	May 30, 2018
Fixed Rate Credit | Federal Home Loan Bank Advances Two
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
Fixed Rate Credit | Federal Home Loan Bank Advances Three
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000
Originated	Jan. 17, 2017
Current Interest Rate	0.91%
Maturity Date	Oct. 17, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Four
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 5,000
Originated	Jan. 20, 2017
Current Interest Rate	0.995%
Maturity Date	Dec. 20, 2017
Fixed Rate Credit | Federal Home Loan Bank Advances Six
Debt Instrument [Line Items]
Federal Home Loan Bank advances	$ 40,000
Originated	Jun. 2, 2017
Current Interest Rate	1.04%
Maturity Date	Jul. 3, 2017
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Subordinated Debt (Detail)

Subordinated Debt (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016	[1]	May 28, 2015
Debt and Financial Instruments [Line Items]
Subordinated debt	$ 6,868,000	$ 6,860,000
Subordinated Debt Due May 2025
Debt and Financial Instruments [Line Items]
Debt instrument, face amount	7,000,000			$ 7,000,000
Less: Issuance costs	(132,000)
Subordinated debt	$ 6,868,000
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Subordinated Debt (Parenthetica

Subordinated Debt (Parenthetical) (Detail)	Jun. 30, 2017	May 28, 2015
Subordinated Debt Due May 2025
Debt and Financial Instruments [Line Items]
Debt instrument, coupon percentage	6.50%	6.50%

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - Fair Value, Measurements, Recurring - Fair Value, Inputs, Level 3 - Mortgage Servicing Rights	6 Months Ended	12 Months Ended
	Jun. 30, 2017Loan$ / Loan	Dec. 31, 2016Loan$ / Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of portfolio	2
Fannie Mae
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	6.33	6
Average PSA assumed rate	147.00%	150.00%
Discount rate	14.00%	14.00%
Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loan segregated, number of pools | Loan	5
Service costs assumed, per loan | $ / Loan	7.67
Average PSA assumed rate	195.00%
Discount rate	102.84%
Constant prepayment rate	7.51%
100% PSA | Fannie Mae | First Month
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate	0.00%
100% PSA | Fannie Mae | 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 | Fannie Mae | Month 30
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate	6.00%
100% PSA | Fannie Mae | Thereafter
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Prepayment rate	6.00%

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Balances of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Securities available for sale:
Securities available-for-sale	$ 54,448	$ 51,173	[1]
Mortgage servicing rights	989	671	[1]
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,561	2,690
Corporate Bonds
Securities available for sale:
Securities available-for-sale	6,715	7,704
US Government Agencies
Securities available for sale:
Securities available-for-sale	27,056	25,313
State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	20,677	18,156
Cash and Cash Equivalents
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	21
Fixed Income Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,016	1,041
Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,524	1,649
Fair Value, Inputs, Level 1
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	2,561	2,690
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	21
Fair Value, Inputs, Level 1 | Fixed Income Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,016	1,041
Fair Value, Inputs, Level 1 | Equity Funds
Defined benefit plan assets:
Defined Benefit Plan Fair Value Of Plan Assets	1,524	1,649
Fair Value, Inputs, Level 2
Securities available for sale:
Securities available-for-sale	47,733	43,469
Fair Value, Inputs, Level 2 | US Government Agencies
Securities available for sale:
Securities available-for-sale	27,056	25,313
Fair Value, Inputs, Level 2 | State and Municipal Obligations
Securities available for sale:
Securities available-for-sale	20,677	18,156
Fair Value, Inputs, Level 3
Securities available for sale:
Securities available-for-sale	6,715	7,704
Mortgage servicing rights	989	671
Fair Value, Inputs, Level 3 | Corporate Bonds
Securities available for sale:
Securities available-for-sale	$ 6,715	$ 7,704
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of Items Using Level Three Inputs (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 671
Purchases	0
Acquired in merger	324
Impairments	0
Fair value adjustments	(6)
Ending balance	989
Corporate Bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	7,704
Purchases	0
Impairments	0
Fair value adjustments	11
Sales	(1,000)
Ending balance	$ 6,715

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	$ 3,354	$ 2,774
Other real estate owned, net	5,360	2,494
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, net	3,354	2,774
Other real estate owned, net	$ 5,360	$ 2,494

Fair Value Measurements - Sum77

Fair Value Measurements - Summary of Quantitative Fair Value Measurements for Level 3 (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired Loans, net	$ 3,354	$ 2,774
Other real estate owned, net	$ 5,360	$ 2,494
Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	15.00%
Unobservable Input, Lack of Marketability		50.00%
Weighted Average | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	15.00%	16.00%
Unobservable Input, Lack of Marketability		50.00%
Weighted Average | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	5.00%	5.00%
Unobservable Input, Lack of Marketability	11.00%	11.00%
Minimum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost		10.00%
Minimum | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	0.00%	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%
Maximum | Other Real Estate Owned
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable Input, Selling Cost	100.00%	13.00%
Unobservable Input, Lack of Marketability	20.00%	20.00%

Fair Value Measurements - Estim

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financial Assets:
Cash and due from banks	$ 7,454	$ 4,851	[1]
Interest-bearing deposits	26,998	7,945	[1]
Certificates of deposit	3,224	4,216	[1]
Federal funds sold	6,559	1,906	[1]
Securities available-for-sale	54,448	51,173	[1]
Restricted securities	4,662	2,649	[1]
Loans, net	645,701	381,537	[1]
Loans held for sale	55,620	276	[1]
Accrued interest receivable	2,624	1,372	[1]
Bank owned life insurance	18,508	9,869	[1]
Mortgage servicing rights	989	671
Financial Liabilities:
Non-interest-bearing liabilities	97,299	74,799	[1]
Savings and other interest-bearing deposits	282,056	178,869	[1]
Time deposits	309,619	128,050	[1]
Securities sold under repurchase agreements	10,786	18,310	[1]
FHLB advances	70,000	35,000	[1]
Subordinated debt	6,868	6,860	[1]
Accrued interest payable	395	331
Financial Assets:
Cash and due from banks	7,454	4,851
Interest-bearing deposits	26,998	7,945
Certificates of deposit	3,224	4,216
Federal funds sold	6,559	1,906
Securities available-for-sale	54,448	51,173	[1]
Restricted securities	4,662	2,649
Loans, net	654,263	384,468
Loans held for sale	55,620	276
Accrued interest receivable	2,624	1,372
Bank owned life insurance	18,508	9,869
Mortgage servicing rights	989	671	[1]
Financial Liabilities:
Non-interest-bearing liabilities	97,299	74,799
Savings and other interest-bearing deposits	282,056	178,869
Time deposits	308,952	127,497
Securities sold under repurchase agreements	10,786	18,310
FHLB advances	70,591	35,668
Subordinated debt	7,000	7,000
Accrued interest payable	395	331
Fair Value, Inputs, Level 1
Financial Assets:
Cash and due from banks	7,454	4,851
Interest-bearing deposits	26,998	7,945
Federal funds sold	6,559	1,906
Bank owned life insurance	18,508	9,869
Financial Liabilities:
Non-interest-bearing liabilities	97,299	74,799
Fair Value, Inputs, Level 2
Financial Assets:
Securities available-for-sale	47,733	43,469
Financial Assets:
Certificates of deposit	3,224	4,216
Securities available-for-sale	47,733	43,469
Accrued interest receivable	2,624	1,372
Financial Liabilities:
Savings and other interest-bearing deposits	282,056	178,869
Securities sold under repurchase agreements	10,786	18,310
FHLB advances	70,591	35,668
Accrued interest payable	395	331
Fair Value, Inputs, Level 3
Financial Assets:
Securities available-for-sale	6,715	7,704
Financial Assets:
Securities available-for-sale	6,715	7,704
Restricted securities	4,662	2,649
Loans, net	654,263	384,468
Loans held for sale	55,620	276
Mortgage servicing rights	989	671
Financial Liabilities:
Time deposits	308,952	127,497
Subordinated debt	$ 7,000	$ 7,000
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Changes in Accumulated Other 79

Changes in Accumulated Other Comprehensive Income (Loss) - Balances in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	[1]			$ 41,705
Balance at end of period		$ 84,478		84,478
Net Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(490)	$ 438	(520)	$ 107
Change in net unrealized holding gains on securities, before reclassification, net of tax expense		295	255	321	590
Reclassification for previously unrealized net (gains) losses recognized in income, net of tax expense (benefit)		(5)	(69)	(1)	(73)
Balance at end of period		(200)	624	(200)	624
Pension and Post employment costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(715)	(883)	(715)	(883)
Balance at end of period		(715)	(883)	(715)	(883)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(1,205)	(445)	(1,235)	(776)
Change in net unrealized holding gains on securities, before reclassification, net of tax expense		295	255	321	590
Reclassification for previously unrealized net (gains) losses recognized in income, net of tax expense (benefit)		(5)	(69)	(1)	(73)
Balance at end of period		$ (915)	$ (259)	$ (915)	$ (259)
[1]	Derived from the audited December 31, 2016 Consolidated Financial Statements

Changes in Accumulated Other 80

Changes in Accumulated Other Comprehensive Income (Loss) - Balances in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in net unrealized holding gains on securities, before reclassification, tax expense	$ 150	$ 130	$ 164	$ 303
Reclassification for previously unrealized net (gains) losses recognized in income, tax expense (benefit)	$ 2	$ 35	$ 1	$ 37

Changes in Accumulated Other 81

Changes in Accumulated Other Comprehensive Income (Loss) - Reclassification of Unrealized Gains (Losses) and Impairments on Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax expense	$ (254)	$ (190)	$ (133)	$ (343)
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	7	104	2	110
Tax expense	(2)	(35)	(1)	(37)
Impact on net income	$ 5	$ 69	$ 1	$ 73