United Bancshares (UBOH) 10-K 9 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Jan. 31, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	UNITED BANCSHARES INC/OH
Document Type	10-K
Current Fiscal Year End Date	--12-31
Trading Symbol	uboh
Entity Common Stock, Shares Outstanding		3,299,755
Entity Public Float			$ 48,956,831
Amendment Flag	false
Entity Central Index Key	1,087,456
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CASH AND CASH EQUIVALENTS
Cash and due from banks	$ 11,482,114	$ 11,444,096
Interest-bearing deposits in other banks	11,440,251	20,910,484
Total cash and cash equivalents	22,922,365	32,354,580
SECURITIES, available-for-sale	182,929,038	206,461,063
RESTRICTED BANK STOCK, at cost	4,829,540	4,829,540
CERTIFICATES OF DEPOSIT, at cost	1,992,000	2,490,000
LOANS HELD FOR SALE	346,900	229,425
LOANS & LEASES	354,250,015	360,937,164
Less allowance for loan and lease losses	3,834,466	3,839,508
Net loans & leases	350,415,549	357,097,656
PREMISES AND EQUIPMENT, net	12,048,680	12,385,556
GOODWILL	10,072,399	10,072,399
CORE DEPOSIT INTANGIBLE ASSETS, net	903,220	1,040,547
CASH SURRENDER VALUE OF LIFE INSURANCE	16,833,950	16,406,846
OTHER REAL ESTATE OWNED	173,047	535,999
OTHER ASSETS, including accrued interest receivable	5,198,421	6,296,050
Total Assets	608,665,109	650,199,661
Deposits:
Non-interest bearing	93,476,408	92,499,725
Interest-bearing	424,942,934	472,945,234
Total deposits	518,419,342	$ 565,444,959
Other borrowings, Carrying amount	2,118,000
Junior subordinated deferrable interest debentures, Carrying amount	12,772,401	$ 12,738,549
Other liabilities	3,794,189	4,243,876
Total liabilities	537,103,932	582,427,384
SHAREHOLDERS' EQUITY
Common stock, stated value $1.00, authorized 10,000,000 shares; issued 3,760,557 shares	3,760,557	3,760,557
Surplus	14,669,087	14,665,845
Retained earnings	58,641,837	53,925,768
Accumulated other comprehensive income	1,397,130	1,412,115
Treasury stock, at cost, 451,218 shares in 2015 and 392,822 shares in 2014	(6,907,434)	(5,992,008)
Total shareholders' equity	71,561,177	67,772,277
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 608,665,109	$ 650,199,661

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock par value (in Dollars per share)	$ 1	$ 1
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	3,760,557	3,760,557
Treasury stock, shares	451,218	392,822

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
INTEREST INCOME
Loans & leases, including fees	$ 18,322,649	$ 14,965,582	$ 15,243,402
Securities:
Taxable	2,548,789	2,610,954	2,429,043
Tax-exempt	1,686,099	1,688,577	1,858,801
Other	278,769	354,695	322,681
Total interest income	22,836,306	19,619,808	19,853,927
INTEREST EXPENSE
Deposits	1,579,796	1,969,296	2,142,274
Borrowings	497,719	698,434	1,107,098
Total interest expense	2,077,515	2,667,730	3,249,372
Net interest income	20,758,791	16,952,078	16,604,555
PROVISION (CREDIT) FOR LOAN AND LEASE LOSSES	382,000	(430,000)	(832,925)
Net interest income after provision (credit) for loan and lease losses	20,376,791	17,382,078	17,437,480
NON-INTEREST INCOME
Service charges on deposit accounts	1,515,104	1,325,440	1,252,379
Gain on sale of loans	586,375	610,419	719,289
Net securities gains	115,616	399,760	134,177
Change in fair value of mortgage servicing rights	263,114	(147,050)	315,758
Increase in cash surrender value of life insurance	427,104	396,646	411,955
Other operating income	1,729,729	1,802,288	1,634,438
Total non-interest income	4,637,042	4,387,503	4,467,996
NON-INTEREST EXPENSES
Salaries, wages and employee benefits	9,290,177	8,414,792	8,237,152
Occupancy expenses	2,133,735	1,584,863	1,555,242
Other operating expenses	6,268,036	6,375,428	6,231,878
Total non-interest expenses	17,691,948	16,375,083	16,024,272
Income before income taxes	7,321,885	5,394,498	5,881,204
PROVISION FOR INCOME TAXES	1,405,000	1,083,000	1,240,000
NET INCOME	$ 5,916,885	$ 4,311,498	$ 4,641,204
NET INCOME PER SHARE (basic and diluted) (in dollars per share)	$ 1.77	$ 1.27	$ 1.35

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 5,916,885	$ 4,311,498	$ 4,641,204
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) during period	92,930	4,597,215	(7,525,775)
Reclassification adjustments for gains included in net income	(115,616)	(399,760)	(134,177)
Other comprehensive income (loss), before income taxes	(22,686)	4,197,455	(7,659,952)
Income tax benefit (expense) related to items of other comprehensive income (loss)	7,701	(1,427,135)	2,604,384
Other comprehensive income (loss)	(14,985)	2,770,320	(5,055,568)
COMPREHENSIVE INCOME (LOSS)	$ 5,901,900	$ 7,081,818	$ (414,364)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($)	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Total
Beginning balance at Dec. 31, 2012	$ 3,760,557	$ 14,661,664	$ 46,855,865	$ 3,697,363	$ (4,805,244)	$ 64,170,205
Comprehensive income:
Net income			4,641,204			4,641,204
Other comprehensive income (loss)				(5,055,568)		(5,055,568)
Repurchase of shares					(72,200)	(72,200)
Sale of treasury shares		2,197			11,407	13,604
Cash dividends declared			(689,380)			(689,380)
Balance at Dec. 31, 2013	3,760,557	14,663,861	50,807,689	(1,358,205)	(4,866,037)	63,007,865
Comprehensive income:
Net income			4,311,498			4,311,498
Other comprehensive income (loss)				2,770,320		2,770,320
Repurchase of shares					(1,136,430)	(1,136,430)
Sale of treasury shares		1,984			10,459	12,443
Cash dividends declared			(1,193,419)			(1,193,419)
Balance at Dec. 31, 2014	3,760,557	14,665,845	53,925,768	1,412,115	(5,992,008)	67,772,277
Comprehensive income:
Net income			5,916,885			5,916,885
Other comprehensive income (loss)				(14,985)		(14,985)
Repurchase of shares					(926,328)	(926,328)
Sale of treasury shares		3,242			10,901	14,143
Cash dividends declared			(1,200,815)			(1,200,815)
Balance at Dec. 31, 2015	$ 3,760,557	$ 14,669,087	$ 58,641,838	$ 1,397,130	$ (6,907,435)	$ 71,561,177

Consolidated Statements of Sha7

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Shares of treasury stock sold	715	684	746
Cash dividends declared per share (in Dollars per share)	$ 0.36	$ 0.35	$ 0.20
Repurchase of shares	59,111	75,000	5,000
Treasury Stock [Member]
Repurchase of shares	59,111	75,000	5,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 5,916,885	$ 4,311,498	$ 4,641,204
Depreciation and amortization	625,380	701,025	649,056
Amortization and accretion for purchase accounting	(1,495,486)
Deferred income taxes	859,100	298,500	1,032,000
Provision (credit) for loan losses	382,000	(430,000)	(832,925)
Gain on sale of loans	(586,375)	(610,419)	(719,289)
Net securities gains	(115,616)	(399,760)	(134,177)
Change in fair value of mortgage servicing rights	(263,114)	147,050	(315,758)
Loss on sale or write-down of other real estate owned	183,224	183,955	205,775
Increase in cash surrender value of life insurance	(427,104)	(396,646)	(411,955)
Net amortization of security premiums and discounts	925,285	764,073	791,464
Change in fair value of junior subordinated deferrable interest debentures	33,852
Deferred compensation Expense	76,362	63,724	33,806
Loss on disposal or write-down of premises and equipment and other assets	49,030
Proceeds from sale of loans held for sale	28,767,355	16,089,781	32,273,717
Originations of loans held for sale	(28,433,268)	(15,613,686)	(31,867,179)
(Increase) decrease in other assets	1,613,031	1,224,349	(446,316)
Increase (decrease) in other liabilities	(1,223,692)	(1,499,003)	197,896
Net cash provided by operating activities	6,886,849	4,834,441	5,097,319
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of available-for-sale securities	28,437,199	9,121,368	8,821,116
Proceeds from maturities of available-for-sale securities, including paydowns on mortgage-backed securities	30,796,690	27,222,959	36,658,316
Purchases of available-for-sale securities	(36,534,220)	(35,010,991)	(73,268,830)
Proceeds from sale of FHLB stock		749,600
Proceeds from certificates of deposits	498,000	249,000
Purchase of certificates of deposits			(249,000)
Proceeds from acquisition		6,628,035
Net (increase) decrease in loans and leases	7,306,405	(6,638,114)	9,595,280
Purchases of premises and equipment	(311,625)	(314,059)	(394,982)
Proceeds from sale of other real estate owned	551,441		694,271
Net cash provided by (used in) investing activities	30,743,890	2,007,798	(18,143,829)
Net increase (decrease) in deposits	(46,914,198)	26,348,871	(3,199,049)
Borrowings	2,118,000
Change in net borrowings		(16,240,666)	(10,000,000)
Change in customer repurchase agreements		(4,600,552)	(456,668)
Purchase of treasury shares	(926,328)	(1,136,430)	(72,200)
Proceeds from sale of treasury shares	14,143	12,443	13,604
Payments of deferred compensation	(153,756)	(85,364)	(54,146)
Cash dividends paid	(1,200,815)	(1,193,419)	(689,380)
Net cash provided by (used in) financing activities	(47,062,954)	3,104,883	(14,457,839)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(9,432,215)	9,947,122	(27,504,349)
CASH AND CASH EQUIVALENTS
At beginning of year	32,354,580	22,407,458	49,911,807
At end of year	22,922,365	32,354,580	22,407,458
SUPPLEMENTAL CASH FLOW DISCLOSURES
Interest	2,226,892	2,687,135	3,256,188
Federal income taxes	665,000	660,000	350,000
Change in deferred income taxes on net unrealized gain or loss on available-for-sale securities	(7,701)	1,427,135	(2,604,383)
Transfer of loans to other real estate owned	371,713
Change in net unrealized gain or loss on available-for-sale securities	$ 22,686	$ (4,197,455)	$ 7,659,952

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES United Bancshares, Inc. (the “Corporation”) was incorporated in 1985 in the state of Ohio as a single-bank holding company for The Union Bank Company (the “Bank”). The Bank formed a wholly-owned subsidiary, UBC Investments, Inc. (“UBC”) to hold and manage its securities portfolio. The operations of UBC are located in Wilmington , Delaware . The Bank has also formed a wholly-owned subsidiary, UBC Property, Inc. to hold and manage certain property that is acquired in lieu of foreclosure. The Corporation, through its wholly-owned subsidiary, the Bank, operates in one industry segment, the commercial banking industry. The Bank, organized in 1904 as an Ohio-chartered bank, is headquartered in Columbus Grove, Ohio, with branch offices in Bowling Green, Delaware, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lima, Marion, Ottawa, and Pemberville Ohio. The primary source of revenue of the Corporation is providing loans to customers primarily located in Northwestern and West Central Ohio. Such customers are predominately small and middle-market businesses and individuals. Significant accounting policies followed by the Corporation are presented below. Use of Estimates in Preparing Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during each reporting period. Actual results could differ from those estimates. The estimates most susceptible to significant change in the near term include the determination of the allowance for loan losses, valuation of servicing assets and goodwill, and fair value of securities and other financial instruments. Principles of Consolidation The consolidated financial statements include the accounts of the Corporation and its wholly-owned subsidiary, the Bank, and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, cash and cash equivalents include cash on hand, amounts due from banks, and federal funds sold which mature overnight or within four days. Restrictions on Cash The Corporation was required to maintain cash on hand or on deposit with the Federal Reserve Bank in the amount of $ 1,351,000 and $ 2,623,000 at December 31, 2015 and 2014, respectively, to meet regulatory reserve and clearing requirements. Securities, Federal Home Loan Bank Stock and Certificates of Deposits The Corporation has designated all securities as available-for-sale. Such securities are recorded at fair value, with unrealized gains and losses, net of applicable income taxes, excluded from income and reported as accumulated other comprehensive income (loss). The cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Declines in fair value of securities below their cost that are deemed to be other-than-temporary are reflected in income as realized losses. In estimating other-than-temporary impairment losses, management considers (1) the intent to sell the securities and the more likely than not requirement that the Corporation will be required to sell the securities prior to recovery, (2) the length of time and the extent to which the fair value has been less than cost, and (3) the financial condition and near-term prospects of the issuer. Gains and losses on the sale of securities are recorded on the trade date, using the specific identification method, and are included in non-interest income. Investment in Federal Home Loan Bank of Cincinnati stock is classified as a restricted security, carried at cost, and evaluated for impairment. Investments in certificates of deposit are carried at cost and evaluated for impairment annually or when circumstances change that may have a significant effect on fair value. Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Estimated fair value is determined based on quoted market prices in the secondary market. Any net unrealized losses are recognized through a valuation allowance by charges to income. The Corporation had no unrealized losses at December 31, 2015 and 2014. Loans and Leases Loans and leases that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are generally stated at its outstanding principal amount adjusted for charge-offs and the allowance for loan and lease losses. Interest is accrued as earned based upon the daily outstanding principal balance. Loan and lease origination fees and certain direct obligation costs are capitalized and recognized as an adjustment of the yield of the related loan. The accrual of interest on mortgage and commercial loans is generally discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Personal loans are typically charged-off no later than when they become 150 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on non-accrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans and leases that are placed on nonaccrual or charged-off is reversed against interest income. Interest on these loans and leases is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans and leases are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan and Lease Losses The allowance for loan and lease losses (“allowance”) is established as losses are estimated to have occurred through a provision for loan and lease losses charged to income. Loan and lease losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan and lease losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of loans and leases in light of historical experience, the nature and volume of the loan and lease portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Due to potential changes in conditions, it is at least reasonably possible that changes in estimates will occur in the near term and that such changes could be material to the amounts reported in the Corporation’s consolidated financial statements. The allowance consists of specific, general and unallocated components. The specific component relates to impaired loans and leases when the discounted cash flows, collateral value, or observable market price of the impaired loan and lease is lower than the carrying value of that loan or lease. The general component covers classified loans and leases (substandard or special mention) without specific reserves, as well as non-classified loans and leases, and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan or lease is considered impaired when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan or lease 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 and leases that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan or lease and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured individually for commercial loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Under certain circumstances, the Corporation will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring (TDR) if the Corporation, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDRs are considered impaired and measured for impairment as described above. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Corporation does not separately identify individual consumer and residential loans for impairment disclosures. Acquired Loans Purchased loans acquired in a business combination are segregated into three types: pass rated loans with no discount attributable to credit quality, non-impaired loans with a discount attributable at least in part to credit quality and impaired loans with evidence of significant credit deterioration. • Pass rated loans (typically performing loans) are accounted for in accordance with ASC 310-20 “Nonrefundable Fees and Other Costs” as these loans do not have evidence of credit deterioration since origination. • Non-impaired loans (typically past-due loans, special mention loans and performing substandard loans) are accounted for in accordance with ASC 310-30 “Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality” as they display at least some level of credit deterioration since origination. • Impaired loans (typically substandard loans on non-accrual status) are accounted for in accordance with ASC 310-30 as they display significant credit deterioration since origination. In accordance with ASC 310-30, for both purchased non-impaired loans and purchased impaired loans, the difference between contractually required payments at acquisition and the cash flows expected to be collected is referred to as the non-accretable difference. This amount is not recognized as a yield adjustment or as a loss accrual or a valuation allowance. Further, any excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable yield and is recognized into interest income over the remaining life of the loan when there is a reasonable expectation about the amount and timing of such cash flows. Increases in expected cash flows subsequent to the initial investment are recognized prospectively through adjustment of the yield on the loan over its remaining estimated life. Decreases in expected cash flows are recognized immediately as impairment. If the Corporation does not have the information necessary to reasonably estimate cash flows to be expected, it may use the cost recovery method or cash basis method of income recognition. Valuation allowances on these impaired loans reflect only losses incurred after the acquisition (meaning the present value of all cash flows expected at acquisition that ultimately are not to be received). Other Real Estate Owned Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at the lower of cost or fair value, less estimated cost to sell, at the date of foreclosure, establishing a new cost basis with loan balances in excess of fair value charged to the allowance for loan losses. Subsequent to foreclosure, valuations are periodically performed and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and subsequent valuation adjustments are included in other operating expenses. Loan Sales and Servicing Certain mortgage loans are sold with mortgage servicing rights retained or released by the Corporation. The value of mortgage loans sold with servicing rights retained is reduced by the cost allocated to the associated mortgage servicing rights. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold. The Corporation generally estimates fair value for servicing rights based on the present value of future expected cash flows, using management’s best estimates of the key assumptions – credit losses, prepayment speeds, servicing costs, earnings rate, and discount rates commensurate with the risks involved. Capitalized servicing rights are reported at fair value and changes in fair value are reported in net income for the period the change occurs. Servicing fee income is recorded for servicing loans, based on a contractual percentage of the outstanding principal, and is reported as other operating income. Amortization of mortgage servicing rights is charged against loan servicing fee income. Premises and Equipment Premises and equipment is stated at cost, less accumulated depreciation. Upon the sale or disposition of the assets, the difference between the depreciated cost and proceeds is charged or credited to income. Depreciation is determined based on the estimated useful lives of the individual assets (typically 20 to 40 years for buildings and 3 to 10 years for equipment) and is computed primarily using the straight-line method. Premises and equipment is reviewed for impairment when events indicate the carrying amount may not be recoverable from future undiscounted cash flows. If impaired, premises and equipment is recorded at fair value and any corresponding write-downs are charged against current year earnings. Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Corporation has entered into commitments to extend credit, including commitments under commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. The Corporation maintains a separate allowance for off-balance sheet commitments. Management estimates anticipated losses using historical data and utilization assumptions. The allowance for off-balance sheet commitments is included in other liabilities. Goodwill and Core Deposit Intangible Assets Goodwill arising from acquisitions is not amortized, but is subject to an annual impairment test to determine if an impairment loss has occurred. Significant judgment is applied when goodwill is assessed for impairment. This judgment includes developing cash flow projections, selecting appropriate discount rates, identifying relevant market comparables, incorporating general economic and market conditions, and selecting an appropriate control premium. At December 31, 2015, the Corporation believes the Bank does not have any indicators of potential impairment based on the estimated fair value of this reporting unit. The core deposit intangible asset resulting from the Findlay branch acquisition was determined to have a definite life and is being amortized on a straight-line basis over seven years through March 2017. The remaining amortization of the core deposit intangible asset is $ 40,857 for 2016 and $ 10,215 in 2017. The core deposit intangible asset resulting from The Ohio State Bank acquisition was also determined to have a definite life and is being amortized on a straight-line basis over ten years through October 2024. Future amortization of the core deposit intangible asset is $96,470 annually for years 2016 through 2023 and $80,388 in 2024. Supplemental Retirement Benefits Annual provisions are made for the estimated liability for accumulated supplemental retirement benefits under agreements with certain officers and directors. These provisions are determined based on the terms of the agreements, as well as certain assumptions, including estimated service periods and discount rates. Advertising Costs All advertising costs are expensed as incurred. Income Taxes Deferred income taxes are provided on temporary differences between financial statement and income tax reporting. Temporary differences are differences between the amounts of assets and liabilities reported for financial statement purposes and its tax bases. Deferred tax assets are recognized for temporary differences that will be deductible in future years’ tax returns and for operating loss and tax credit carryforwards. Deferred tax assets are reduced by a valuation allowance if it is deemed more likely than not that some or all of the deferred tax assets will not be realized. Deferred tax liabilities are recognized for temporary differences that will be taxable in future years’ tax returns. Benefits from tax positions taken or expected to be taken in a tax return are not recognized if the likelihood that the tax position would be sustained upon examination by a taxing authority is considered to be 50% or less. The Corporation has adopted the policy of classifying any interest and penalties resulting from the filing of its income tax returns in the provision for income taxes. The Corporation is not currently subject to state or local income taxes. Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Corporation, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Corporation does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. The transfer of a participating interest in an entire financial asset must also meet the definition of a participating interest. A participating interest in a financial asset has all of the following characteristics: (1) from the date of transfer, it must represent a proportionate (pro rata) ownership interest in the financial asset, (2) from the date of transfer, all cash flows received, except any cash flows allocated as any compensation for servicing or other services performed, must be divided proportionately among participating interest holders in the amount equal to their share ownership, (3) the rights of each participating interest holder must have the same priority, (4) no party has the right to pledge or exchange the entire financial asset unless all participating interest holders agree to do so. Comprehensive Income Recognized revenue, expenses, gains and losses are included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the consolidated balance sheet, such items, along with net income, are components of comprehensive income. Per Share Data Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each year. Diluted net income per share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued. The weighted average number of shares used for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Basic 3,339,242 3,406,194 3,446,662 Diluted 3,339,242 3,406,194 3,446,662 Dividends per share are based on the number of shares outstanding at the declaration date. Rate Lock Commitments Loan commitments related to the origination or acquisition of mortgage loans that will be held for sale are accounted for as derivative instruments. The Corporation enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. Accordingly, such commitments, along with any related fees received from potential borrowers, are to be recorded at fair value as derivative assets or liabilities, with changes in fair value recorded in the net gain or loss on sale of mortgage loans. Fair value is based on fees currently charged to enter into similar agreements, and for fixed-rate commitments also considers the difference between current levels of interest rates and the committed rates. At December 31, 2015 and 2014, derivative assets and liabilities relating to rate lock commitments were not material to the consolidated financial statements. Fair Values of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully discussed in Note 18. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates. Subsequent Events Management evaluated subsequent events through the date the consolidated financial statements were issued. Events or transactions occurring after December 31, 2015, but prior to when the consolidated financial statements were issued, that provided additional evidence about conditions that existed at December 31, 2015, have been recognized in the financial statements for the year ended December 31, 2015. Events or transactions that provided evidence about conditions that did not exist at December 31, 2015 but arose before the financial statements were issued, have not been recognized in the consolidated financial statements for the year ended December 31, 2015. On January 20, 2016 , United Bancshares, Inc. issued a release announcing that its Board of Directors increased its dividend by 22.2% from the fourth quarter of 2014, approving a cash dividend of $ 0.11 per common share payable March 15, 2016 to shareholders of record at the close of business on February 29, 2016 . Reclassifications Certain reclassifications of prior period amounts have been made to conform to the current presentation.

New Accounting Pronouncements

New Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
New Accounting Pronouncements [Abstract]
New Accounting Pronouncements	NOTE 2 - NEW ACCOUNTING PRONOUNCEMENTS In January 2014, the FASB issued ASU 2014-04, Receivables – Troubled Debt Restructurings by Creditors. The FASB issued ASU 2014-04 to reduce diversity by clarifying when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real property recognized. The amendments in this update are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The Corporation has determined the provisions for ASU 2014-04 did not have a material impact on future financial statements. In June 2014, the FASB issued ASU 2014-11, Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures, amending ASC topic 860. The FASB issued ASU 2014-11 to change the accounting for repurchase-to-maturity transactions and linked repurchase financials to secure borrowing accounting, which is consistent with the accounting for other repurchase agreements. The amendments also require two new disclosures. The first disclosure requires an entity to disclose information on transfers accounted for as sales in transactions that are economically similar to repurchase agreements. The second disclosure provides increased transparency about the types of collateral pledged in repurchase agreements and similar transactions accounted for as secured borrowings. The amendments in this update are effective for the first interim or annual period beginning after December 15, 2014, and the Corporation has determined the provisions for ASU 2014-11 did not have a material impact on future financial statements. In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors. The FASB issued ASU 2014-14 to reduce the diversity of how creditors classify government-guaranteed mortgage loans, including FHA or VA guaranteed loans, upon foreclosure. The amendments in this update require that a mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if the following conditions are met: 1) The loan has a government guarantee that is not separable from the loan before foreclosure.; 2) At the time of foreclosure, the creditor has the intent to convey the real estate property to the guarantor and make a claim on the guarantee, and the creditor has the ability to recover under that claim.; and 3) At the time of foreclosure, any amount of the claim that is determined on the basis of the fair value of the real estate is fixed. The amendments in this update are effective for annual periods, and interim periods within those periods, beginning after December 15, 2014. The Corporation has determined the provisions for ASU 2014-04 did not have a material impact on future financial statements. In November 2014, the FASB issued ASU 2014-17, Business Combinations – Pushdown Accounting. The FASB issued ASU 2014-17 to provide guidance on whether and at what threshold an acquired entity that is a business or nonprofit activity can apply pushdown accounting in its separate financial statements. The amendments in this update provide an acquired entity with an option to apply pushdown accounting in its separate financial statements upon occurrence of an event in which an acquirer obtains control of the acquired entity. The amendments in this update were effective on November 18, 2014. The Corporation has determined the provisions for ASU 2014-17 did not have a material impact on the financial statements. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, amending ASU Subtopic 825-10. The amendments in this update make targeted improvements to generally accepted accounting principles (GAAP) as follows: 1). Require equity investments to be measured at fair value with changes in fair value recognized in net income.; 2). Simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment.; 3). Eliminate the requirement to disclose the fair value of financial instruments measured at amortized cost for entities that are not public business entities.; 4). Eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet.; 5). Require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes.; 6). Require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments.; 7). Require separate presentation of financial assets and financial liabilities my measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements.; 8). Clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The amendments in this update are effective for fiscal years beginning after December 15, 2017. The Corporation has not yet made a determination of the impact on the financial statements of the provisions for ASU 2016-01.

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2015
Acquisition [Abstract]
Acquisition	NOTE 3 – ACQUISITION On July 1, 2014, the Corporation, Ohio State Bancshares, Inc. (“OSB”) and Rbancshares, Inc. (“Rbancshares”) entered into a Stock Purchase Agreement (the “Purchase Agreement”) pursuant to which the Corporation purchased from OSB all of the issued and outstanding shares of The Ohio State Bank (“The Ohio State Bank”), an Ohio banking corporation and wholly-owned subsidiary of OSB (the “Acquisition”). Immediately following the acquisition, The Ohio State Bank was merged into the Bank. The Ohio State Bank operated three full-service branches with a main office and one other facility in Marion, Ohio and one branch in Delaware, Ohio. These offices became branches of the Bank after the acquisition. The transaction was completed in November, 2014 with assets acquired and deposits assumed being recorded at their estimated fair values as follows: Cash $ 6,628,035 Loans 58,536,569 Securities 6,881,331 Other stock, at cost 685,340 Premises and equipment 3,382,316 Goodwill 1,517,420 Cash surrender value of life insurance 1,837,062 Other intangible assets 964,697 Other real estate owned 52,000 Other assets, including accrued interest receivable 3,003,090 Total assets acquired $ 83,487,860 Deposits assumed $ 71,096,023 Federal Home Loan Bank borrowings 8,740,666 Junior subordinated deferrable interest debentures 2,438,549 Accrued expenses and other liabilities 1,212,622 Total liabilities assumed $ 83,487,860 Consideration paid for the transaction was $ 1,197,237 , which included the repayment of debt of $ 1,190,856 that was owed by The Ohio State Bank. Cash acquired at closing is presented above net of the repayment of debt that occurred at closing. Acquisition-related costs of approximately $ 935,000 are included in other non-interest operating expenses in the accompanying 2014 consolidated statements of income. This acquisition is intended to expand the geographical footprint of the Corporation, which will help grow the balance sheet and future earnings. Cash proceeds from the acquisition were used to repay the Federal Home Loan Bank borrowings that were assumed in the acquisition. Goodwill of $ 1,517,420 arising from the acquisition consists largely of synergies and the cost savings expected to result from the combining of operations and is not expected to be deductible for income tax purposes.

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Securities	NOTE 4 – SECURITIES The amortized cost and fair value of securities as of December 31, 2015 and 2014 are as follows: 2015 2014 Amortized cost Fair value Amortized cost Fair value Available-for-sale: U.S. Government and agencies $ 3,998,025 $ 3,966,390 $ 9,640,249 $ 9,537,052 Obligations of states and political subdivisions 71,589,038 73,481,892 56,605,455 58,098,524 Mortgage-backed 104,223,205 104,479,413 137,073,902 137,818,544 Other 1,001,888 1,001,343 1,001,888 1,006,943 Total $ 180,812,156 $ 182,929,038 $ 204,321,494 $ 206,461,063 A summary of unrealized gains and losses on securities at December 31, 2015 and 2014 follows: 2015 2014 Gross unrealized gains Gross unrealized losses Gross unrealized gains Gross unrealized losses Available-for-sale: U.S. Government and agencies $ - $ 31,635 $ - $ 103,197 Obligations of states and political subdivisions 1,959,662 66,808 1,674,221 181,152 Mortgage-backed 1,070,629 814,421 1,556,536 811,894 Other - 545 5,055 - Total $ 3,030,291 $ 913,409 $ 3,235,812 $ 1,096,243 The amortized cost and fair value of securities at December 31, 2015, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Cost Fair value Due in one year or less $ 1,124,806 $ 1,136,513 Due after one year through five years 16,503,553 16,738,420 Due after five years through ten years 53,752,354 55,277,996 Due after ten years 108,429,555 108,774,766 Other securities having no maturity date 1,001,888 1,001,343 Total $ 180,812,156 $ 182,929,038 Securities with a carrying value of approximately $ 22,606,000 at December 31, 2015 and $ 20,168,000 at December 31, 2014 were pledged to secure public deposits and for other purposes as required or permitted by law. The following table presents gross unrealized losses and fair value of debt securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2015 and 2014: Securities in a continuous unrealized loss position Less than 12 months 12 months or more Total 2015 Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Total Fair value U.S. Government and agencies $ 31,635 $ 3,966,390 $ - $ - $ 31,635 $ 3,966,390 Obligations of states and political subdivisions 44,058 6,034,425 22,750 1,448,020 66,808 7,482,445 Mortgage-backed 230,224 26,676,316 584,197 23,859,250 814,421 50,535,566 Other 545 1,001,343 - - 545 1,001,343 Total temporarily impaired securities $ 306,462 $ 37,678,474 $ 606,947 $ 25,307,270 $ 913,409 $ 62,985,744 Less than 12 months 12 months or more Total 2014 Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Total Fair value U.S. Government and agencies $ 9,932 $ 990,000 $ 93,265 $ 8,547,052 $ 103,197 $ 9,537,052 Obligations of states and political subdivisions 9,008 2,523,529 172,145 11,140,718 181,152 13,664,247 Mortgage-backed 47,257 14,086,483 764,637 37,948,535 811,894 52,035,018 Total temporarily impaired securities $ 66,197 $ 17,600,012 $ 1,030,047 $ 57,636,305 $ 1,096,243 $ 75,236,317 There were 74 s ecurities in an unrealized loss position at December 31, 2015, 29 o f which were in a continuous unrealized loss position for 12 months or more. Management has considered industry analyst reports, whether downgrades by bond rating agencies have occurred, sector credit reports, issuer’s financial condition and prospects, the Corporation’s ability and intent to hold securities to maturity, and volatility in the bond market, in concluding that the unrealized losses as of December 31, 2015 were primarily the result of customary and expected fluctuations in the bond market. As a result, all security impairments as of December 31, 2015 are considered to be temporary. Gross realized gains from sale of securities, including securities calls, amounted to $ 141,318 i n 2015, $ 412,812 in 2014, and $ 134,848 in 2013, with the income tax provision applicable to such gains amounting to $ 48,048 i n 2015, $ 140,356 in 2014, and $ 45,848 in 2013 . Gross realized losses from sale of securities amounted to $ 25,702 in 2015, $ 13,052 in 2014, and $ 671 in 2013 with related income tax effect of $ 8,739 i n 2015, $ 4,438 in 2014, and $ 228 in 201 3 .

Loans and Leases

Loans and Leases	12 Months Ended
	Dec. 31, 2015
Loans and Leases [Abstract]
Loans and Leases	NOTE 5 – LOANS AND LEASES Loans and leases at December 31, 2015 and 2014 consist of the following: 2015 2014 Residential real estate $ 78,095,566 $ 80,367,773 Commercial 237,299,236 235,988,490 Agriculture 34,997,920 39,781,326 Consumer 3,857,293 4,799,575 Total loans and leases $ 354,250,015 $ 360,937,164 Fixed rate loans and leases approximated $60,131,000 at December 31, 2015 and $65,287,000 at December 31, 2014 . Certain commercial and agricultural loans and leases are secured by real estate. Most of the Corporation’s lending activities are with customers located in Northwestern and West Central Ohio. As of December 31, 2015 and 2014, t he Corporation’s loans and leases from borrowers in the agriculture industry represent the single largest industry and amounted to $34,997,920 and $39 ,781,326 , respectively. Agriculture loans and leases are generally secured by property and equipment. Repayment is primarily expected from cash flow generated through the harvest and sale of crops or milk production for dairy products. Agriculture customers are subject to various risks and uncertainties which can adversely impact the cash flow generated from their operations, including weather conditions; milk production; health and stability of livestock; costs of key operating items such as fertilizer, fuel, seed, or animal feed; and market prices for crops, milk, and livestock. Credit evaluation of agricultural lending is based on an evaluation of cash flow coverage of principal and interest payments and the adequacy of collateral received. The Corporation originates 1-4 family real estate and consumer loans and leases utilizing credit reports to supplement the underwriting process. The Corporation’s underwriting standards for 1-4 family loans and leases are generally in accordance with the Federal Home Loan Mortgage Corporation (FHLMC) manual underwriting guidelines. Properties securing 1-4 family real estate loans and leases are appraised by fee appraisers, which is independent of the loan and lease origination function and has been approved by the Board of Directors and the Loan Policy Committee. The loan-to-value ratios normally do not exceed 80% without credit enhancements such as mortgage insurance. The Corporation will lend up to 100% of the lesser of the appraised value or purchase price for conventional 1-4 family real estate loans, provided private mortgage insurance is obtained. The underwriting standards for consumer loans and leases include a determination of the applicant’s payment history on other debts and an assessment of their ability to meet existing obligations and payments on the proposed loan or lease . To monitor and manage loan and lease risk, policies and procedures are developed and modified, as needed by management. This activity, coupled with smaller loan and lease amounts that are spread across many individual borrowers, minimizes risk. Additionally, market conditions are reviewed by management on a regular basis. The Corporation ’s 1-4 family real estate loans and leases are secured primarily by properties located in its primary market area. Commercial and agricultural real estate loans and leases are subject to underwriting standards and processes similar to commercial and agricultural operating loans and leases , in addition to those unique to real estate loans and leases . These loans and leases are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial and agricultural real estate lending typically involves higher loan principal amounts and the repayment of these loans is generally dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Loan to value is generally 75% of the cost or appraised value of the assets. Appraisals on properties securing these loans are performed by fee appraisers approved by the Board of Directors. Because payments on commercial and agricultural real estate loans are often dependent on the successful operation or management of the properties, repayment of such loans may be subject to adverse conditions in the real estate market or the economy. M anagement monitors and evaluates commercial and agricultural real estate loans and leases based on collateral and risk rating criteria. The Corporation may require guarantees on these loans and leases . The Corporation ’s commercial and agricultural real estate loans and leases are secured primarily by properties located in its primary market area. Commercial and agricultural operating loans and leases are underwritten based on the Corporation ’s examination of current and projected cash flows to determine the ability of the borrower to repay their obligations as agreed. This underwriting includes the evaluation of cash flows of the borrower, underlying collateral, if applicable and the borrower’s ability to manage its business activities. The cash flows of borrowers and the collateral securing these loans and leases may fluctuate in value after the initial evaluation. A first priority lien on the general assets of the business normally secures these types of loans and leases . Loan to value limits vary and are dependent upon the nature and type of the underlying collateral and the financial strength of the borrower. Crop and/or hail insurance may be required for agricultural borrowers. Loans are generally guaranteed by the principal(s). The Corporation ’s commercial and agricultural operating lending is primarily in its primary market area. The Corporation maintains an internal audit department that reviews and validates the credit risk program on a periodic basis. Results of these reviews are presented to management and the audit committee. The internal audit process complements and reinforces the risk identification and assessment decisions made by lenders and credit personnel, as well as the Corporation ’s policies and procedures. The following tables present the activity in the allowance for loan and lease losses by portfolio segment for the years ended December 31, 2015, 2014 and 2013: Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total Balance at December 31, 2014 $ 198,367 $ 3,255,148 $ 362,895 $ 23,098 $ 3,839,508 Provision (credit) charged to expenses 971,187 (767,134) 165,745 12,202 382,000 Losses charged off (348,613) (97,959) (175,656) (16,014) (638,242) Recoveries 71,645 150,338 20,356 8,861 251,200 Balance at December 31, 2015 $ 892,586 $ 2,540,393 $ 373,340 $ 28,147 $ 3,834,466 Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total Balance at December 31, 2013 $ 305,434 $ 3,346,286 $ 344,803 $ 17,868 $ 4,014,391 Provision (credit) charged to expenses (563,961) (4,254) 125,961 12,254 (430,000) Losses charged off (97,901) (270,032) (116,812) (12,197) (496,942) Recoveries 554,795 183,148 8,943 5,173 752,059 Balance at December 31, 2014 $ 198,367 $ 3,255,148 $ 362,895 $ 23,098 $ 3,839,508 Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total Balance at December 31, 2012 $ 1,027,837 $ 5,240,175 $ 602,291 $ 47,302 $ 6,917,605 Provision (credit) charged to expenses (518,117) (25,938) (264,301) (24,569) (832,925) Losses charged off (218,394) (2,394,884) (3,896) (23,305) (2,640,479) Recoveries 14,108 526,933 10,709 18,440 570,190 Balance at December 31, 2013 $ 305,434 $ 3,346,286 $ 344,803 $ 17,868 $ 4,014,391 The following tables present the balance in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment and based on impairment method as of December 31, 2015 and 2014: Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total 2015 Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ 527,940 $ 842,643 $ - $ - $ 1,370,583 Collectively evaluated for impairment 364,646 1,697,750 373,340 28,147 2,463,883 Total allowance for loan and lease losses $ 892,586 $ 2,540,393 $ 373,340 $ 28,147 $ 3,834,466 Loans and leases: Individually evaluated for impairment $ 2,192,266 $ 3,819,786 $ - $ - $ 6,012,052 Acquired with deteriorated credit quality 42,733 669,336 73,625 - 785,694 Collectively evaluated for impairment 64,091,775 201,481,260 78,021,941 3,857,293 347,452,269 Total ending loans and leases balance $ 66,326,774 $ 205,970,382 $ 78,095,566 $ 3,857,293 $ 354,250,015 Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total 2014 Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ - $ 806,944 $ - $ - $ 806,944 Collectively evaluated for impairment 198,367 2,448,204 362,895 23,098 3,032,564 Total allowance for loan and lease losses $ 198,367 $ 3,255,148 $ 362,895 $ 23,098 $ 3,839,508 Loans and leases: Individually evaluated for impairment $ 197,803 $ 3,483,640 $ - $ - $ 3,681,443 Acquired with deteriorated credit quality 20,573 1,060,927 201,343 652 1,283,495 Collectively evaluated for impairment 63,604,790 207,402,083 80,166,430 4,798,923 355,972,226 Total ending loans and leases balance $ 63,823,166 $ 211,946,650 $ 80,367,773 $ 4,799,575 $ 360,937,164 The following is a summary of the activity in the allowance for loan and lease losses of impaired loans, which is a part of the Corporation’s overall allowance for loan and lease losses for the years ended December 31, 2015, 2014, and 2013: 2015 2014 2013 Balance at beginning of year $ 806,944 $ 179,016 $ 2,921,950 Provision charged to expenses 852,126 262,834 (573,330) Loans charged off (326,801) (230,905) (2,419,873) Recoveries 38,314 595,999 250,269 Balance at end of year $ 1,370,583 $ 806,944 $ 179,016 No additional funds are committed to be advanced in connection with impaired loans and leases . The average balance of impaired loans and leases (excluding loans and leases acquired with deteriorated credit quality) approximated $5,579,000 $3,851,000 , and $9,761,000 during 2015, 2014, and 2013, respectively. There was approximately $339,000 , $197,000 , and $203,000 in interest income recognized by the Corporation on impaired loans and leases on an accrual or cash basis during 2015, 2014, and 2013, respectively. The following table presents loans and leases individually evaluated for impairment by class of loans as of December 31, 2015 and 2014: 2015 2014 Recorded investment Allowance for loan and lease losses allocated Recorded investment Allowance for loan and lease losses allocated With no related allowance recorded: Commercial $ - $ - $ - $ - Commercial and multi-family real estate - - 1,005,067 - Agriculture - - - - Agricultural real estate - - - - Consumer - - - - Residential 1-4 family real estate - - - - With an allowance recorded: Commercial 2,192,266 527,940 197,803 85,561 Commercial and multi-family real estate 3,819,787 842,643 2,478,573 721,383 Agriculture - - - - Agricultural real estate - - - - Consumer - - - - Residential 1-4 family real estate - - - - Total $ 6,012,053 $ 1,370,583 $ 3,681,443 $ 806,944 The following table presents the recorded investment in nonaccrual loans and leases, loans and leases past due over 90 days still on accrual and troubled debt restructurings by class of loans as of December 31, 2015 and 2014: 2015 2014 Nonaccrual Loans and leases past due over 90 days still accruing Troubled Debt Restructurings Nonaccrual Loans and leases past due over 90 days still accruing Troubled Debt Restructurings Commercial $ 355,415 $ - $ - $ 199,160 $ 25,284 $ - Commercial real estate 4,112,605 - 1,403,187 3,351,521 1,253,936 1,967,898 Agricultural real estate 52,061 259,858 - 78,640 - - Agriculture 19,312 - - - - - Consumer 11,977 - - 4,450 758 - Residential: 1 – 4 family 1,393,568 - 392,455 1,355,060 210,793 153,260 Home equity - - - 231,885 22,228 - Total $ 5,944,938 $ 259,858 $ 1,795,642 $ 5,220,716 $ 1,512,999 $ 2,121,158 The nonaccrual balances in the table above include troubled debt restructurings that have been classified as nonaccrual. The following table presents the aging of the recorded investment in past due loans and leases as of December 31, 2015 and 2014 by class of loans and leases: 30 – 59 days past due 60 – 89 days past due Greater than 90 days past due Total past due Loans and leases not past due Total 2015 Commercial $ 80,898 $ 50,000 $ 121,057 $ 251,955 $ 53,210,222 $ 53,462,177 Commercial real estate 643,541 15,422 1,225,385 1,884,348 181,952,711 183,837,059 Agriculture 150,064 - 19,312 169,376 12,695,221 12,864,597 Agricultural real estate 93,871 - 259,858 353,729 21,779,594 22,133,323 Consumer 49,389 301 4,824 54,514 3,802,779 3,857,293 Residential real estate 2,146,892 244,123 388,584 2,779,599 75,315,967 78,095,566 Total $ 3,164,655 $ 309,846 $ 2,019,020 $ 5,493,521 $ 348,756,494 $ 354,250,015 30 – 59 days past due 60 – 89 days past due Greater than 90 days past due Total past due Loans and leases not past due Total 2014 Commercial $ 212,495 $ 210,541 $ 36,494 $ 459,530 $ 48,300,122 $ 48,759,652 Commercial real estate 1,150,611 1,852,191 3,053,809 6,056,611 181,172,227 187,228,838 Agriculture 49,312 - - 49,312 15,014,202 15,063,514 Agricultural real estate - - 17,535 17,535 24,700,277 24,717,812 Consumer 26,295 44,537 2,941 73,773 4,725,802 4,799,575 Residential real estate 249,963 386,278 732,913 1,369,154 78,998,619 80,367,773 Total $ 1,688,676 $ 2,493,547 $ 3,843,692 $ 8,025,915 $ 352,911,249 $ 360,937,164 Credit Quality Indicators: The Corporation categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Corporation analyzes loans and leases individually by classifying the loans and leases as to the credit risk. This analysis generally includes loans and leases with an outstanding balance greater than $500,000 (increased from $250,000 in 201 5 ) and non-homogenous loans and leases , such as commercial and commercial real estate loans and leases . This analysis is performed on a quarterly basis. The Corporation uses the following definitions for risk ratings: · Special Mention: Loans and leases which possess some credit deficiency or potential weakness which deserves close attention, but which do not yet warrant substandard classification. Such loans and leases pose unwarranted financial risk that, if not corrected, could weaken the loan and lease and increase risk in the future. The key distinctions of a Special Mention classification are that (1) it is indicative of an unwarranted level of risk, and (2) weaknesses are considered "potential", versus "defined", impairments to the primary source of loan repayment. · Substandard: These loans and leases are inadequately protected by the current sound net worth and paying ability of the borrower. Loans and leases of this type will generally display negative financial trends such as poor or negative net worth, earnings or cash flow. These loans and leases may also have historic and/or severe delinquency problems, and Corporation management may depend on secondary repayment sources to liquidate these loans and leases . The Corporation could sustain some degree of loss in these loans and leases if the weaknesses remain uncorrected. · Doubtful: Loans and leases in this category display a high degree of loss, although the amount of actual loss at the time of classification is undeterminable. This should be a temporary category until such time that actual loss can be identified, or improvements made to reduce the seriousness of the classification. Loans and leases not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans and leases . Loans and leases listed as not rated are generally either less than $500,000 (increased from $250,000 in 201 5 ) or are included in groups of homogenous loans and leases . As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of loans by class of loans and leases is as follows: Pass Special Mention Substandard Doubtful Not rated 2015 Commercial $ 41,184,348 $ 2,806,324 $ 2,656,154 $ - $ 19,679,948 Commercial and multi- family real estate 139,351,079 7,562,337 5,975,868 - 53,081,098 Residential 1 - 4 family 222,552 - - - 77,873,014 Consumer - - - - 3,857,293 Total $ 180,757,979 $ 10,368,661 $ 8,632,022 $ - $ 154,491,353 Pass Special Mention Substandard Doubtful Not rated 2014 Commercial $ 53,737,496 $ 1,515,485 $ 180,574 $ 197,803 $ 8,191,808 Commercial and multi- family real estate 172,674,560 9,780,593 8,902,162 110,202 20,479,134 Residential 1 - 4 family - - 110,759 - 80,257,013 Consumer - - 758 - 4,798,817 Total $ 226,412,056 $ 11,296,078 $ 9,194,253 $ 308,005 $ 113,726,772 The Corporation considers the performance of the loan and lease portfolio and its impact on the allowance for loan and lease losses. For all loan classes that are not rated, the Corporation also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. Generally, all loans not rated that are 90 days past due or are classified as nonaccrual and collectively evaluated for impairment, are considered nonperforming. The following table presents the recorded investment in all loans that are not risk rated, based on payment activity as of December 31, 2015 and 2014: Commercial Commercial and multi-family real estate Residential 1-4 family Consumer 2015 Performing $ 19,539,579 $ 52,249,417 $ 77,484,430 $ 3,852,469 Nonperforming 140,369 831,681 388,584 4,824 Total $ 19,679,948 $ 53,081,098 $ 77,873,014 $ 3,857,293 Commercial Commercial and multi-family real estate Residential 1-4 family Consumer 2014 Performing $ 8,166,789 $ 19,307,124 $ 78,045,118 $ 4,788,985 Nonperforming 25,019 1,172,010 2,211,895 9,832 Total $ 8,191,808 $ 20,479,134 $ 80,257,013 $ 4,798,817 Modifications: The Corporation’s loan and lease portfolio also includes certain loans and leases that have been modified in a TDR, where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Corporation’s loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. All TDRs are also classified as impaired loans and leases . When the Corporation modifies a loan or lease , management evaluates any possible concession based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan or lease agreement, except when the sole (remaining) source of repayment for the loan or lease is the operation or liquidation of the collateral. In these cases, management uses the current fair value of the collateral, less selling costs, instead of discounted cash flows. If management determines that the value of the modified loan or lease is less than the recorded investment in the loan or lease (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), an impairment is recognized through a specific reserve in the allowance or a direct write down of the loan or lease balance if collection is not expected. The following table includes the recorded investment and number of modifications for TDR loans and leases during the years ended December 31, 2015 and December 31, 2014 Number of modifications Recorded investment Allowance for loan and lease losses allocated 2015 Residential Real Estate 8 $ 245,016 $ - Commercial Real Estate 8 416,403 Total 16 $ 661,419 $ - 2014 Commercial Real Estate 1 $ 1,967,706 $ 606,179 The concessions granted during 2015 included the following: the bank extended the current due dates and payments on seven loans, extended the maturity and re-amortized the payments on two loans, re-amortized the payments on five loans, granted an interest only period on one loan and converted a line of credit to a term loan on one loan. In 2014, the concession granted which resulted in the TDR was the Bank agreed to extend an interes t only period to the borrower. The following is additional information with respect to loans and leases acquired with The Ohio State Bank acquisition as of December 31, 2015 and December 31, 2014: Contractual Principal Accretable Carrying Receivable Difference Amount Purchased Performing Loans and Leases Balance at December 31, 2014 $ 58,436,586 $ (3,143,613) $ 55,292,973 Accretion of loan discounts (16,555,787) 1,332,920 (15,222,867) Transfer to foreclosed real estate - - - Change due to loan charge-off (7,120) 1,225 (5,895) Balance at December 31, 2015 $ 41,873,679 $ (1,809,468) $ 40,064,211 Contractual Non Principal Accretable Carrying Receivable Difference Amount Purchased Impaired Loans and Leases Balance at December 31, 2014 $ 2,688,709 $ (1,788,138) $ 900,571 Change due to payments received (367,624) 241,261 (126,363) Transfer to foreclosed real estate (213,675) 207,043 (6,632) Change due to loan charge-off (147,983) 145,650 (2,333) Balance at December 31, 2015 $ 1,959,427 $ (1,194,184) $ 765,243 As a result of The Ohio State Bank acquisition, the Corporation has loans, for which there was at acquisition, evidence of deterioration of credit quality since origination and for which it was probable at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans as of December 31, 2015 , December 31, 2014 as well as the date of acquisition, November 14, 2014 was $765,243 , $900,571 and $958,744 , respectively . No provision for loan and lease losses was recognized during the year ended December 31, 2015 related to the acquired loans as there was no significant change to the valuation of loans acquired from the date of acquisition of November 14, 2014 to December 31, 2015. Certain directors and executive officers, including their immediate families and companies in which they are principal owners, are loan and lease customers of the Corporation. Such loans and leases are made in the ordinary course of business in accordance with the normal lending policies of the Corporation, including the interest rate charged and collateralization. Such loans amounted to $ 63,285 , $34,391 , and $45,480 at December 31, 2015, 2014, and 2013 , respectively. The following is a summary of activity during 2015, 2014, and 2013 for such loans: 2015 2014 2013 Beginning of year $ 34,391 $ 45,480 $ 989,194 Additions 160,000 4,045 - Repayments (131,106) (15,134) (943,714) End of year $ 63,285 $ 34,391 $ 45,480 Additions and repayments include loan and lease renewals, as well as net borrowings and repayments under revolving lines-of-credit.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Premises and Equipment [Abstract]
Premises and Equipment	NOTE 6 - PREMISES AND EQUIPMENT The following is a summary of premises and equipment at December 31, 2015 and 2014: 2015 2014 Land and improvements $ 3,401,312 $ 3,401,312 Buildings 11,652,345 11,587,176 Equipment 4,244,864 4,295,575 19,298,521 19,284,063 Less accumulated depreciation 7,249,841 6,898,507 Premises and equipment, net $ 12,048,680 $ 12,385,556 Depreciation expense amounted to $599,471 in 2015, $450,729 in 2014, and $447,326 in 2013 .

Servicing

Servicing	12 Months Ended
	Dec. 31, 2015
Servicing [Abstract]
Servicing	NOTE 7 - SERVICING Mortgage loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balance of mortgage loans serviced for others approximated $173,464,000 and $171,255,000 at December 31, 2015 and 2014, respectively. Mortgage servicing rights are included in other assets in the accompanying consolidated balance sheets. The Corporation has elected to record its mortgage servicing rights using the fair value measurement method. Significant assumptions used in determining the fair value of servicing rights as of December 31, 2015 and 2014 in clude: Prepayment assumptions: Based on the PSA Standard Prepayment Model Internal rate of return: 9% to 11% Servicing costs: $50 – $65 per loan, annually, increased at the rate of $1 per 1% delinquency based on loan count Inflation rate of servicing costs: 3% Earnings rate: 0.25% in 2015 and 2014 Following is a summary of mortgage servicing rights activity for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Fair value at beginning of year $ 1,217,931 $ 1,398,396 $ 930,760 Capitalized servicing rights – new loan sales 252,288 134,324 312,751 Disposals (amortization based on loan payments and payoffs) (551,846) (167,739) (160,873) Change in fair value 263,114 (147,050) 315,758 Fair value at end of year $ 1,181,487 $ 1,217,931 $ 1,398,396 The change in fair value of servicing rights for the year ended December 31, 2015 resulted from changes in external market conditions, including prepayment assumptions, which is a key valuation input used in determining the fair value of servicing. While prepayment assumptions are constantly changing, such changes are typically within a relatively small parameter from period to period. The prepayment assumption factor used in determining the fair value of servicing at December 31, 2015 was 170 compared to 195 at December 31, 2014 and 164 at December 31, 2013. The earnings rate used in determining the fair value of servicing at December 31, 2015 was 0.25% and was 0.25% in 2014 and 2013 as well.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	NOTE 8 - DEPOSITS Time deposits at December 31, 2015 and 2014 include individual deposits greater than $250,000 approximating $3,392,941 an d $3,046,208 , respectively. Interest expense on time deposits greater than $250,000 approximated $22,912 fo r 2015, and $37,123 for 2014. At December 31, 2015, time deposits approximated $148,485,689 and were scheduled to mature as follows: 2016, $73,559,404; 2017, $49,891,270; 2018, $7,724,583; 2019, $5,184,146; 2020, $11,702,146; and thereafter, $424,140 . Certain directors and executive officers, including their immediate families and companies in which they are principal owners, are depositors of the Corporation. Such deposits amounted to $3,704,947 , and $4,616,970 at December 31, 2015, and 2014, respectively. Overdrafted deposit accounts reclassified as loans amounted to $63,654 and $126,804 at December 31, 2015 and 2014, respectively.

Other Borrowings

Other Borrowings	12 Months Ended
	Dec. 31, 2015
Other Borrowings [Abstract]
Other Borrowings	NOTE 9 – OTHER BORROWINGS Other borrowings consists of the following at December 31, 2015 (none at December 31, 2014): 2015 2014 Federal Home Loan Bank borrowings: Secured note, with interest at .45% , due March 25, 2016 $ 645,000 $ - Secured note, with interest at .45% , due March 28, 2016 1,473,000 - Total other borrowings $ 2,118,000 $ - Federal Home Loan Bank borrowings are secured by Federal Home Loan Bank stock and eligible mortgage loans approximating $71,817,093 at December 31, 2015. The interest rate on the advance outstanding at December 31, 2015, secured by individual mortgages under blanket agreement was 0.45% , with maturity in March 2016 . At December 31, 201 5 , the Corporation had $76,510,327 of borrowing availability under various line-of-credit agreements with the Federal Home Loan Bank and other financial institutions.

Junior Subordinated Deferrable

Junior Subordinated Deferrable Interest Debentures	12 Months Ended
	Dec. 31, 2015
Junior Subordinated Deferrable Interest Debentures [Abstract]
Junior Subordinated Deferrable Interest Debentures	NOTE 10 - JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES The Corporation has formed and invested $300,000 in a business trust, United (OH) Statutory Trust (United Trust) which is not consolidated by the Corporation. United Trust issued $10,000,000 of trust preferred securities, which are guaranteed by the Corporation, and are subject to mandatory redemption upon payment of the debentures. United Trust used the proceeds from the issuance of the trust preferred securities, as well as the Corporation’s capital investment, to purchase $10,300,000 of junior subordinated deferrable interest debentures issued by the Corporation. The debentures have a stated maturity date of March 26, 2033 . As of March 26, 2008, and quarterly thereafter, the debentures may be shortened at the Corporation’s option. The interest rate of the debentures was fixed at 6.40% for a five-year period through March 26, 2008. Effective March 27, 2008, interest is at a floating rate adjustable quarterly and equal to 315 basis points over the 3-month LIBOR amounting to 3.57% at December 31, 2015 and 3.40% at December 31, 2014 and 2013, with interest payable quarterly. The Corporation has the right, subject to events in default, to defer payments of interest on the debentures by extending the interest payment period for a period not exceeding 20 consecutive quarterly periods. The Corporation assumed $3,093,000 of trust preferred securities from The Ohio State Bank acquisition. $3,000,000 of the liability is guaranteed by the Corporation, and the remaining $93,000 is secured by an investment in the trust preferred securities. The trust preferred securities have a carrying value of $2,472,401 at December 31, 2015 and $2,438,549 at December 31, 2014 . The difference between the principal owed and the carrying value is due to the below-market interest rate on the debentures. The debentures have a stated maturity date of April 23, 203 4. Interest is at a floating rate adjustable quarterly and equal to 285 basis points over the 3-month LIBOR amounting to 3.27% a t December 31, 2015. The effective cost of the debentures was 6.61% at December 31, 201 5 . Interest expense on the debentures amounted to $446,000 , in 2015, $355,000 in 2014, and $353,000 in 2013, and is included in interest expense-borrowings in the accompanying consolidated statements of income. Each issue of the trust preferred securities carries an interest rate identical to that of the related debenture. The securities have been structured to qualify as Tier I capital for regulatory purposes and the dividends paid on such are tax deductible. However, the securities cannot be used to constitute more than 25% of the Corporation’s Tier I capital inclusive of these securities under Federal Reserve Board guidelines.

Other Operating Expenses

Other Operating Expenses	12 Months Ended
	Dec. 31, 2015
Other Operating Expenses [Abstract]
Other Operating Expenses	NOTE 11 - OTHER OPERATING EXPENSES Other operating expenses consisted of the following for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Data processing $ 1,052,995 $ 699,942 $ 434,175 Professional fees 906,921 1,053,907 692,375 Franchise tax 453,278 436,530 436,955 Advertising 483,885 404,558 462,758 ATM processing and other fees 437,676 448,250 446,017 Amortization of core deposit intangible asset 137,327 56,935 40,857 Postage 42,772 100,241 165,439 Stationery and supplies 99,440 172,303 177,947 FDIC assessment 358,132 330,479 379,587 Loan closing fees 190,544 233,068 174,564 Other real estate owned 354,337 273,243 250,632 Deposit losses (recoveries), net 35,448 (19,928) 28,720 Prepayment penalty on borrowings - 528,750 984,566 Other 1,715,281 1,657,150 1,557,286 Total other operating expenses $ 6,268,036 $ 6,375,428 $ 6,231,878

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	NOTE 12 - INCOME TAXES The provision for income taxes for the years ended December 31, 2015, 2014 and 2013 consist of the following: 2015 2014 2013 Current $ 545,900 $ 784,500 $ 208,000 Deferred 859,100 298,500 1,032,000 Total provision for income taxes $ 1,405,000 $ 1,083,000 $ 1,240,000 The income tax provision attributable to income from operations differed from the amounts computed by applying the U.S. federal income tax rate of 34% to income before income taxes as a result of the following: 2015 2014 2013 Expected tax using statutory tax rate of 34% $ 2,489,400 $ 1,834,100 $ 1,999,600 Increase (decrease) in tax resulting from: Tax-exempt income on state and municipal securities and political subdivision loans (577,200) (574,200) (630,600) Tax-exempt income on life insurance contracts (145,200) (134,900) (140,100) Deductible dividends paid to United Bancshares, Inc. ESOP (39,300) (39,600) (23,700) Uncertain tax position reserves (24,700) (29,800) 7,600 Merger and acquisition costs - 52,800 - Accounting method change relating to bad debt reserve recapture (331,500) - - Other, net 33,500 (25,400) 27,200 Total provision for income taxes $ 1,405,000 $ 1,083,000 $ 1,240,000 The deferred income tax expense of $859,100 in 2015, $298,500 in 2014, and $1,032,000 in 2013 resulted from the tax effects of temporary differences. There was no impact for changes in tax rates or changes in the valuation al lowance for deferred tax assets; however, there was a one-time tax benefit of $331,000 recognized in 2015 due to I.R.S. Revenue Procedures 2015-13 and 2015-14 released in January 2015. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2015 and 2014 are presented below: 2015 2014 Deferred tax assets: Allowance for loan losses $ 1,318,900 $ 1,318,700 Deferred compensation 534,300 560,600 Alternative minimum tax credits 792,700 657,300 Nonaccrual loan interest 320,600 408,600 Deferred loan fees 143,500 154,400 Other real estate owned 318,600 367,500 Accrued vacation expense 130,600 126,500 Accrued profit sharing 160,300 117,300 Loans fair value adjustments 919,400 1,534,800 Other 53,400 209,800 Net operating loss carryforward 750,700 852,200 Total deferred tax assets 5,443,000 6,307,700 Deferred tax liabilities: Unrealized gain on securities available-for- sale 719,700 727,500 Federal Home Loan Bank stock dividends 849,200 769,600 Capitalized mortgage servicing rights 401,700 414,100 Prepaid expenses 87,600 55,800 Acquisition intangibles 2,470,600 2,230,300 Bad debt reserve recapture - 298,400 Trust preferred fair value adjustment 211,000 222,500 Other 20,500 55,500 Total deferred tax liabilities 4,760,300 4,773,700 Net deferred tax assets $ 682,700 $ 1,534,000 Net deferred tax assets at December 31 , 2015 and 2014 are included in other assets in the consolidated balance sheets. At December 31, 2015, the Corporation had $792,700 of federal alternative minimum tax credits with an indefinite life. The Corporation acquired over $15 million in federal loss carryforwards with the acquisition of The Ohio State Bank, which losses expire in years ranging from 2026 to 2033 . Use of these losses is limited to $126,000 per year under Section 382 of the Internal Revenue Code; therefore Management has recorded in deferred tax assets the tax benefit of only $2.5 million of the losses that are more likely than not to be utilized before expiration. There are no other acquired OSB tax losses that will be limited by Section 382. The benefit of $2.2 million of these losses is reflected in deferred tax assets at December 31, 2015. Management believes it is more likely than not that the benefit of recorded deferred tax assets will be realized. Consequently, no valuation allowance for deferred tax assets is deemed necessary as of December 31, 2015 and 2014. Unrecognized Tax Benefits A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: 2015 2014 Balance at January 1 $ 43,300 $ 72,100 Additions based on tax positions related to the current year - 3,200 Reductions due to the statute of limitation (22,900) (32,000) Balance at December 31 $ 20,400 $ 43,300 The Corporation had unrecognized tax benefits of $20,400 , and $43,300 at December 31, 2015 and 2014, respectively. Such unrecognized tax benefits, if recognized, would favorably affect the effective income tax rate in future periods. The Corporation does not expect the total amount of unrecognized tax benefits to significantly change in the next twelve months. The amount of accrued interest, net of federal tax, related to the Corporation’s uncertain tax positions was $1,700 at December 31, 2015 and $3,500 at December 31, 2014 , respectively. The Corporation and its subsidiaries are subject to U.S. federal income tax. The Corporation and its subsidiaries are no longer subject to examination by taxing authorities for years before 201 2 . There are no current federal examinations of the Corporation’s open tax years.

Employee and Director Benefits

Employee and Director Benefits	12 Months Ended
	Dec. 31, 2015
Employee and Director Benefits [Abstract]
Employee and Director Benefits	NOTE 13 - EMPLOYEE AND DIRECTOR BENEFITS The Corporation sponsors a salary deferral, defined contribution plan which provides for both profit sharing and employer matching contributions. The plan permits investing in the Corporation’s stock subject to certain limitations. Participants who meet certain eligibility conditions are eligible to participate and defer a specified percentage of their eligible compensation subject to certain income tax law limitations. The Corporation makes discretionary matching and profit sharing contributions, as approved annually by the Board of Directors, subject to certain income tax law limitations. Contribution expense for the plan amounted to $617,405 , $542,160 , and $530,989 , in 2015, 2014, and 2013 , respectively. At December 31, 2015, the Plan owned 323,323 s hares of the Corporation’s common stock. The Corporation also sponsors nonqualified deferred compensation plans, covering certain directors and employees, which have been indirectly funded through the purchase of split-dollar life insurance policies. In connection with the policies, the Corporation has provided an estimated liability for accumulated supplemental retirement benefits amounting to $1,571,377 and $1,648,770 at December 31, 2015 and 2014 , respectively, which is included in other liabilities in the accompanying consolidated balance sheets. The Corporation has also purchased split-dollar life insurance policies for investment purposes to fund other employee benefit plans. The combined cash values of these policies aggregated $16,138,484 and $15,738,797 at December 31, 2015 and 2014, r espectively. Under an employee stock purchase plan, eligible employees may defer a portion of their compensation and use the proceeds to purchase stock of the Corporation at a discount determined semi-annually by the Board of Directors as stipulated in the plan. The Corporation sold from treasury 715 shares in 2015, 684 shares in 2014, and 746 shares in 2013 under the plan. The Chief Executive Officer of the Corporation ha s an employment agreement which provide s for certain compensation and benefits should any triggering events occur, as specified in the agreement, including change of control or termination without cause.

Financial Instruments With Off-

Financial Instruments With Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2015
Financial Instruments With Off-Balance Sheet Risk [Abstract]
Financial Instruments With Off-Balance Sheet Risk	NOTE 14 - FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK The Corporation is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments are primarily loan commitments to extend credit and letters of credit. These instruments involve, to varying degrees, elements of credit risk in excess of the amounts recognized in the consolidated balance sheets. The contract amount of these instruments reflects the extent of involvement the Corporation has in these financial instruments. The Corporation’s exposure to credit loss in the event of the nonperformance by the other party to the financial instruments for loan commitments to extend credit and letters of credit is represented by the contractual amounts of these instruments. The Corporation uses the same credit policies in making loan commitments as it does for on-balance sheet loans. The following financial instruments whose contract amount represents credit risk were outstanding at December 31, 2015 and 2014: Contract amount 2015 2014 Commitments to extend credit $ 84,069,000 $ 91,861,000 Letters of credit $ 325,000 $ 1,060,000 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. The Corporation evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by the Corporation upon extension of credit is based on management’s credit evaluation of the customer. Collateral held varies but may include accounts receivable, inventory, property, plant, and equipment, and income-producing commercial properties. Letters of credit are written conditional commitments issued by the Corporation to guarantee the performance of a customer to a third party and are reviewed for renewal at expiration. Of the total letters of credit outstanding at December 31, 2015, $295,000 expires in 2016 with the remaining $30,000 expiring in 2017. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. The Corporation requires collateral supporting these commitments when deemed necessary.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Regulatory Matters [Abstract]
Regulatory Matters	NOTE 15 - REGULATORY MATTERS The Corporation (on a consolidated basis) and Bank are subject to various regulatory capital requirements administered by the federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s and Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Corporation and Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Corporation and Bank to maintain minimum amounts and ratios (set forth in the following table) of Common Equity Tier 1 Capital (CET1) to risk-weighted assets (as defined in the regulations and effective January 1, 2015), t otal and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier I capital to average assets (as defined). Management believes, as of December 31, 2015 and 2014, that the Corporation and Bank meet all capital adequacy requirements to which they are subject. Furthermore, the Board of Directors of the Bank has adopted a resolution to maintain Tier I capital at or above 8% of total assets. As of December 31, 201 5 , the most recent notification from federal and state banking agencies categorized the Bank as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized”, an institution must maintain minimum CET1, total risk-based, Tier I risk-based and Tier I leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed the Bank’s category. In July 2013 the U.S federal banking authorities approved the final rules (the “Basel III Capital Rules”) which established a new comprehensive capital framework for U.S. banking organizations. The Basel III Capital Rules have maintained the general structure of the current prompt corrective action framework, while incorporating provisions which will increase both the quality and quantity of the Bank’s capital. Generally, the Bank bec ame subject to the new rules on January 1, 2015 with phase-in periods for many of the new provisions. Management believes the Bank is complying with the new capital requirements as they are phased-in. In February of 2015, the Board of Governors of the Federal Reserve System adopted final amendments to the Small Bank Holding Company Policy Statement (Regulation Y, Appendix C) (the “Policy Statement”) that, among other things, raised from $500 million to $1 billion the asset threshold to qualify for the Policy Statement. The Company qualifies for treatment under the Policy Statement and is no longer subject to consolidated capital rules. The actual capital amounts and ratios of the Corporation and Bank as of December 31, 2015 and 2014 are presented in the following table: Minimum to be well capitalized Minimum under prompt capital corrective Actual requirement action provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2015 Common Equity Tier 1 Capital (CET1) (to Risk Weighted Assets) * Consolidated $ 72,202 16.3% $ 19,951 ≥ 4.5% N/A N/A Bank $ 70,428 15.9% $ 19,905 ≥ 4.5% $ 28,751 6.5% Total Capital (to Risk Weighted Assets) Consolidated $ 75,517 17.0% $ 35,469 ≥ 8.0% N/A N/A Bank $ 74,307 16.8% $ 35,386 ≥ 8.0% $ 44,233 10.0% Tier 1 Capital (to Risk weighted Assets) Consolidated $ 72,202 16.3% $ 26,602 ≥ 6.0% N/A N/A Bank $ 70,428 15.9% $ 26,540 ≥ 6.0% 35,386 8.0% Tier 1 Capital (to Average Assets) Consolidated $ 72,202 11.7% $ 24,704 ≥ 4.0% N/A N/A Bank $ 70,428 11.8% $ 23,978 ≥ 4.0% $ 29,972 5.0% As of December 31, 2014 Total Capital (to Risk Weighted Assets ) Consolidated $ 71,742 15.8% $ 36,307 ≥ 8.0% N/A N/A Bank $ 70,319 15.5% $ 36,191 ≥ 8.0% $ 45,239 10.0% Tier 1 Capital (to Risk Weighted Assets ) Consolidated $ 67,863 15.0% $ 18,154 ≥ 4.0% N/A N/A Bank $ 66,440 14.7% $ 18,096 ≥ 4.0% 27,143 6.0% Tier 1 Capital (to Average Assets) Consolidated $ 67,863 11.0% $ 24,624 ≥ 4.0% N/A N/A Bank $ 66,440 10.7% $ 24,735 ≥ 4.0% $ 30,919 5.0% * CET1 is effective as of January 1, 2015 On a parent company only basis, the Corporation’s primary source of funds is dividends paid by the Bank. The ability of the Bank to pay dividends is subject to limitations under various laws and regulations, and to prudent and sound banking principles. Generally, subject to certain minimum capital requirements, the Bank may declare dividends without the approval of the State of Ohio Division of Financial Institutions, unless the total dividends in a calendar year exceed the total of the Bank’s net profits for the year combined with its retained profits of the two preceding years.

Condensed Parent Company Financ

Condensed Parent Company Financial Information	12 Months Ended
	Dec. 31, 2015
Condensed Parent Company Financial Information [Abstract]
Condensed Financial Information of Parent Company Only	NOTE 16 - CONDENSED PARENT COMPANY FINANCIAL INFORMATION A summary of condensed financial information of the parent company as of December 31, 2015 and 2014 and for each of the three years in the period ended December 31, 2015 , 2014 and 2013 i s as follows: Condensed Balance Sheets Assets: 2015 2014 Cash $ 334,272 $ 118,632 Investment in bank subsidiary 82,564,196 79,085,666 Premises and equipment, net of accumulated depreciation 266,774 292,396 Other assets, including income taxes receivable from bank subsidiary of $804,962 and $632,480 in 2015 and 2014, respectfully. 1,238,591 1,185,649 Total assets $ 84,403,833 $ 80,682,343 Liabilities: Accrued expenses 70,255 $ 54,968 Federal income taxes payable - 116,548 Junior subordinated deferrable interest debentures 12,772,401 12,738,550 Total liabilities 12,842,656 12,910,066 Shareholders’ equity: Common stock 3,760,557 3,760,557 Surplus 14,669,087 14,665,845 Retained earnings 58,641,837 53,925,768 Accumulated other comprehensive income 1,397,130 1,412,115 Treasury stock, at cost (6,907,434) (5,992,008) Total shareholders’ equity 71,561,177 67,772,277 Total liabilities and shareholders’ equity $ 84,403,833 $ 80,682,343 Condensed Statements of Income 2015 2014 2013 Income – including dividends from bank subsidiary $ 3,000,104 $ 3,200,105 $ 975,356 Expenses – interest expense, professional fees and other expenses, net of federal income tax benefit (576,734) (587,451) (523,271) Income before equity in undistributed net income of bank subsidiary 2,423,370 2,612,654 452,085 Equity in undistributed net income of bank subsidiaries 3,493,515 1,698,844 4,189,119 Net income $ 5,916,885 $ 4,311,498 $ 4,641,204 Condensed Statements of Cash Flows 2015 2014 2013 Cash flows from operating activities: Net income $ 5,916,885 $ 4,311,498 $ 4,641,204 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of bank subsidiary (3,493,515) (1,698,844) (4,189,119) Depreciation and amortization 25,622 25,622 25,622 Discount accretion on junior subordinated deferrable interest debentures 33,851 - - (Increase) in other assets (52,942) (4,412) (665,429) Increase (decrease) in other liabilities, including accrued expenses (101,261) (70,785) 201,086 Net cash provided by operating activities 2,328,640 2,563,079 13,364 Cash flows from investing activities: Payment for acquisition - (1,197,237) - Net cash used in investing activities investing activities operating activities - (1,197,237) - Cash flows from financing activities: Purchase treasury stock (926,328) (1,136,430) (72,200) Proceeds from sale of treasury shares 14,143 12,443 13,604 Cash dividends paid (1,200,815) (1,193,419) (689,380) Net cash used by financing activities (2,113,000) (2,317,406) (747,976) Net increase (decrease) in cash 215,640 (951,564) (734,612) Cash at beginning of the year 118,632 1,070,196 1,804,808 Cash at end of the year $ 334,272 $ 118,632 $ 1,070,196 During 2005, the Board of Directors approved a program whereby the Corporation purchases shares of its common stock in the open market. The decision to purchase shares, the number of shares to be purchased, and the price to be paid depends upon the availability of shares, prevailing market prices, and other possible considerations which may impact the advisability of purchasing shares. The Corporation purchased 59,111 shares in 2015, 75,000 shares in 2014 and 5,000 shares in 2013 under the program.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value [Abstract]
Fair Value Measurements	NOTE 17 - FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability shall not be adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are independent, knowledgeable, and both able and willing to transact. FASB ASC 820-10, Fair Value Measurements (ASC 820-10) requires the use of valuation techniques that are consistent with the market approach, the income approach, and/or the cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset (replacement cost). Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. In that regard, ASC 820-10 establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the Corporation has the ability to access at the measurement date. Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 – Unobservable inputs for the asset or liability for which there is little, if any, market activity at the measurement date. Unobservable inputs reflect the Corporation’s own assumptions about what market participants would use to price the asset or liability. The inputs are developed based on the best information available in the circumstances, which might include the Corporation’s own financial data such as internally developed pricing models, discounted cash flow methodologies, as well as instruments for which the fair value determination requires significant management judgment. The following table summarizes financial assets (there were no financial liabilities) measured at fair value as of December 31, 2015 and 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: 2015 Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Recurring: Securities available-for-sale: U.S. Government and Agencies $ - $ 3,966,390 $ - $ 3,966,390 Obligations of state and political subdivisions - 71,093,028 2,388,864 73,481,892 Mortgage-backed - 104,479,413 - 104,479,413 Other 999,455 1,888 - 1,001,343 Mortgage servicing rights - - 1,181,487 1,181,487 Total recurring $ 999,455 $ 179,540,719 $ 3,570,351 $ 184,110,525 Nonrecurring: Impaired loans, net $ - $ - $ 4,641,469 $ 4,641,469 Other real estate owned - - 173,047 173,047 Total nonrecurring $ - $ - $ 4,814,516 $ 4,814,516 2014 Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Recurring: Securities available-for-sale: U.S. Government and Agencies $ - $ 9,537,052 $ - $ 9,537,052 Obligations of state and political subdivisions - 55,562,707 2,535,817 58,098,524 Mortgage-backed - 137,818,544 - 137,818,544 Other 1,005,055 1,888 - 1,006,943 Mortgage servicing rights - - 1,217,931 1,217,931 Total recurring $ 1,005,055 $ 202,920,191 $ 3,753,748 $ 207,678,994 Nonrecurring: Impaired loans, net $ - $ - $ 2,874,499 $ 2,874,499 Other real estate owned - - 535,999 535,999 Total nonrecurring $ - $ - $ 3,410,498 $ 3,410,498 There was one security measured at fair value included in the Level 3 hierarchy du ring 2015 and 2014 due to the lack of observable quotes in inactive markets for the instrument. This security moved from Level 2 to Level 3 during 2013. The table below presents a reconciliation and income statement classification of gains and losses for mortgage servicing rights, which is measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2015, 2014 and 2013: Mortgage Servicing Rights 2015 2014 2013 Balance at beginning of year $ 1,217,931 $ 1,398,396 $ 930,760 Gains or losses, including realized and unrealized: Purchases, issuances, and settlements 252,288 134,324 312,751 Disposals – amortization based on loan payments and payoffs (551,846) (167,739) (160,873) Changes in fair value 263,114 (147,050) 315,758 Balance at end of year $ 1,181,487 $ 1,217,931 $ 1,398,396 Securities valued using Level 3 inputs Balance at beginning of year $ 2,535,817 $ 2,673,424 Principal payments received (145,158) (139,400) Changes in fair value (1,795) 1,793 Balance at end of year $ 2,388,864 $ 2,535,817 A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, and disclosure of unobservable inputs follows. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality, the Corporation’s creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. The Corporation’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Corporation’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Securities Available-for-Sale Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would typically include government bonds and exchange traded equities. If quoted market prices are not available, then fair values are estimated using pricing models, quoted prices of securities with similar characteristics, or discounted cash flows. Examples of such instruments, which would generally be classified within Level 2 of the valuation hierarchy, include U.S. Government and agencies, municipal bonds, mortgage-backed securities, and asset-backed securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities may be classified within Level 3 of the valuation hierarchy. Mortgage Servicing Rights The Corporation records mortgage servicing rights at estimated fair value based on a discounted cash flow model which includes discount rates between 9 % and 11 % , in additi on to assumptions disclosed in N ote 7 that are considered to be unobservable inputs. Due to the significance of the level 3 inputs, mortgage servicing rights have been classified as level 3. Impaired Loans The Corporation does not record impaired loans at fair value on a recurring basis. However, periodically, a loan is considered impaired and is reported at the fair value of the underlying collateral less estimated cost to sell, if repayment is expected solely from collateral. Collateral values are estimated using level 2 inputs, including recent appraisals and level 3 inputs based on customized discounting criteria such as additional appraisal adjustments to consider deterioration of value subsequent to appraisal date and estimated cost to sell. Additional appraisal adjustments range between 15 % and 35 % of appraised value, and estimated selling cost ranges between 10 % and 20 % of the adjusted appraised value. Due to the significance of the level 3 inputs, impaired loans fair values have been classified as level 3. Other Real Estate Owned The Corporation values other real estate owned at the estimated fair value of the underlying collateral less appraisal adjustments between 10 % and 70 % of appraised value, and expected selling costs between 10 % and 20 % of adjusted appraised value. Such values are estimated primarily using appraisals and reflect a market value approach. Due to the significance of the Level 3 inputs, other real estate owned has been classified as Level 3. Certain financial assets and financial liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances, for example, when there is evidence of impairment. Financial assets and financial liabilities, excluding impaired loans and other real estate owned, measured at fair value on a nonrecurring basis were not significant at December 31, 2015 .

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2015
Fair Value [Abstract]
Fair Value of Financial Instruments	NOTE 18 - FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amounts and estimated fair values of recognized financial instruments at December 31, 2015 and 2014 are as follows: 2015 2014 Carrying Amount Estimated Value Carrying Amount Estimated Value Input Level (dollars in thousands) FINANCIAL ASSETS Cash and cash equivalents $ 22,922 $ 22,922 $ 32,355 $ 32,355 1 Securities, including Federal Home Loan Bank stock 187,759 187,759 211,291 211,291 2 Certificates of deposit 1,992 1,992 2,490 2,490 2 Loans held for sale 347 347 229 229 3 Net loans 350,416 350,374 357,098 357,066 3 Mortgage servicing rights 1,181 1,181 1,218 1,218 3 $ 564,617 $ 564,575 $ 604,681 $ 604,649 2015 2014 Carrying Amount Estimated Value Carrying Amount Estimated Value Input Level (dollars in thousands) FINANCIAL LIABILITIES Deposits Maturity $ 148,486 $ 147,164 $ 174,929 $ 174,263 3 Non-maturity 369,934 369,934 390,516 390,516 1 Other borrowings 2,118 2,118 - - 3 Junior subordinated deferrable interest debentures 12,772 8,265 12,739 12,627 3 $ 533,310 $ 527,481 $ 578,184 $ 577,406 The above summary does not include accrued interest receivable and cash surrender value of life insurance which are also considered financial instruments. The estimated fair value of such items is considered to be their carrying amounts, and would be considered level 1 inputs. There are also unrecognized financial instruments at December 31, 2015 and 2014 which relate to commitments to extend credit and letters of credit. The contract amount of such financial instruments amounts to $ 84,394,000 a t December 31, 2015 and $ 92,921,000 at December 31, 2014. Su ch amounts are also considered to be the estimated fair values. The following methods and assumptions were used to estimate the fair value of each class of financial instruments shown above: Cash and cash equivalents: Fair value is determined to be the carrying amount for these items (which include cash on hand, due from banks, and federal funds sold) because they represent cash or mature in 90 days or less and do not represent unanticipated credit concerns. Securities: Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would typically include government bonds and exchange traded equities. If quoted market prices are not available, then fair values are estimated using pricing models, quoted prices of securities with similar characteristics, or discounted cash flows. Examples of such instruments, which would generally be classified within Level 2 of the valuation hierarchy, include municipal bonds, mortgage-backed securities, and asset-backed securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities may be classified within Level 3 of the valuation hierarchy. The Corporation had one security that was classified as Level 3 at December 31, 201 5 and 2014. Certificates of deposit: Carrying value of certificates of deposit estimates fair value. Loans and leases : Fair value for loans and leases was estimated for portfolios of loans and leases with similar financial characteristics. For adjustable rate loans, which re-price at least annually and generally possess low risk characteristics, the carrying amount is believed to be a reasonable estimate of fair value. For fixed rate loans the fair value is estimated based on a discounted cash flow analysis, considering weighted average rates and terms of the portfolio, adjusted for credit and interest rate risk inherent in the loans. Fair value for nonperforming loans is based on recent appraisals or estimated discounted cash flows. Mortgage servicing rights: The fair value for mortgage servicing rights is determined based on an analysis of the portfolio by an independent third party. Deposit liabilities: The fair value of core deposits, including demand deposits, savings accounts, and certain money market deposits, is the amount payable on demand. The fair value of fixed-maturity certificates of deposit is estimated using the rates offered at year end for deposits of similar remaining maturities. The estimated fair value does not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the marketplace. Other financial instruments: The fair value of commitments to extend credit and letters of credit is determined to be the contract amount, since these financial instruments generally represent commitments at existing rates. The fair value of other borrowings is determined based on a discounted cash flow analysis using current interest rates. The fair value of the junior subordinated deferrable interest debentures is determined based on quoted market prices of similar instruments. The fair value estimates of financial instruments are made at a specific point in time based on relevant market information. These estimates do not reflect any premium or discount that could result from offering for sale at one time the entire holdings of a particular financial instrument over the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Since no ready market exists for a significant portion of the financial instruments, fair value estimates are largely based on judgments after considering such factors as future expected credit losses, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect these estimates.

Leasing Arrangements

Leasing Arrangements	12 Months Ended
	Dec. 31, 2015
Leasing Arrangements [Abstract]
Leasing Arrangements	NOTE 19 – LEASING ARRANGEMENTS The Corporation acquired a branch that is operated from a facility that is leased under a twenty -year cancelable operating lease expiring in June 2016 . There is an option to renew the lease for two successive periods of five years each, but otherwise on the same terms. The following is a schedule of future minimum rental payments required under the above operating lease as of December 31, 2015: Year ending December 31 Amount 2016 $ 22,500

Contingent Liabilities

Contingent Liabilities	12 Months Ended
	Dec. 31, 2015
Contingent Liabilities [Abstract]
Contingent Liabilities	NOTE 20 - CONTINGENT LIABILITIES In the normal course of business, the Corporation and its subsidiary may be involved in various legal actions, but in the opinion of management and legal counsel, the ultimate disposition of such matters is not expected to have a material adverse effect on the consolidated financial statements.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Quarterly Financial Data	NOTE 21 - QUARTERLY FINANCIAL DATA (UNAUDITED) The following represents a summary of selected unaudited quarterly financial data for 2015 and 2014: Net Net Income Interest Interest Net Per Share Income Income Income Basic Diluted 2015 (Dollars in thousands, except per share data) First quarter $ 5,710 $ 5,056 $ 1,122 $ 0.333 $ 0.333 Second quarter $ 5,670 $ 5,143 $ 1,903 $ 0.569 $ 0.569 Third quarter $ 5,755 $ 5,259 $ 1,503 $ 0.451 $ 0.451 Fourth quarter $ 5,701 $ 4,919 $ 1,389 $ 0.419 $ 0.419 2014 First quarter $ 4,859 $ 4,188 $ 901 $ 0.262 $ 0.262 Second quarter $ 4,814 $ 4,013 $ 1,325 $ 0.387 $ 0.387 Third quarter $ 4,799 $ 4,144 $ 1,038 $ 0.306 $ 0.306 Fourth quarter $ 5,148 $ 5,037 $ 1,047 $ 0.311 $ 0.311

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Use of Estimates in Preparing Financial Statements	Use of Estimates in Preparing Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during each reporting period. Actual results could differ from those estimates. The estimates most susceptible to significant change in the near term include the determination of the allowance for loan losses, valuation of servicing assets and goodwill, and fair value of securities and other financial instruments.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Corporation and its wholly-owned subsidiary, the Bank, and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, cash and cash equivalents include cash on hand, amounts due from banks, and federal funds sold which mature overnight or within four days.
Restrictions on Cash	Restrictions on Cash The Corporation was required to maintain cash on hand or on deposit with the Federal Reserve Bank in the amount of $ 1,351,000 and $ 2,623,000 at December 31, 2015 and 2014, respectively, to meet regulatory reserve and clearing requirements.
Securities, FHLB Stock, and Certificates of Deposits	Securities, Federal Home Loan Bank Stock and Certificates of Deposits The Corporation has designated all securities as available-for-sale. Such securities are recorded at fair value, with unrealized gains and losses, net of applicable income taxes, excluded from income and reported as accumulated other comprehensive income (loss). The cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Declines in fair value of securities below their cost that are deemed to be other-than-temporary are reflected in income as realized losses. In estimating other-than-temporary impairment losses, management considers (1) the intent to sell the securities and the more likely than not requirement that the Corporation will be required to sell the securities prior to recovery, (2) the length of time and the extent to which the fair value has been less than cost, and (3) the financial condition and near-term prospects of the issuer. Gains and losses on the sale of securities are recorded on the trade date, using the specific identification method, and are included in non-interest income. Investment in Federal Home Loan Bank of Cincinnati stock is classified as a restricted security, carried at cost, and evaluated for impairment. Investments in certificates of deposit are carried at cost and evaluated for impairment annually or when circumstances change that may have a significant effect on fair value.
Loans Held for Sale	Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Estimated fair value is determined based on quoted market prices in the secondary market. Any net unrealized losses are recognized through a valuation allowance by charges to income. The Corporation had no unrealized losses at December 31, 2015 and 2014.
Loans and Leases	Loans and Leases Loans and leases that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are generally stated at its outstanding principal amount adjusted for charge-offs and the allowance for loan and lease losses. Interest is accrued as earned based upon the daily outstanding principal balance. Loan and lease origination fees and certain direct obligation costs are capitalized and recognized as an adjustment of the yield of the related loan. The accrual of interest on mortgage and commercial loans is generally discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Personal loans are typically charged-off no later than when they become 150 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on non-accrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans and leases that are placed on nonaccrual or charged-off is reversed against interest income. Interest on these loans and leases is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans and leases are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan and Lease Losses The allowance for loan and lease losses (“allowance”) is established as losses are estimated to have occurred through a provision for loan and lease losses charged to income. Loan and lease losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan and lease losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of loans and leases in light of historical experience, the nature and volume of the loan and lease portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Due to potential changes in conditions, it is at least reasonably possible that changes in estimates will occur in the near term and that such changes could be material to the amounts reported in the Corporation’s consolidated financial statements. The allowance consists of specific, general and unallocated components. The specific component relates to impaired loans and leases when the discounted cash flows, collateral value, or observable market price of the impaired loan and lease is lower than the carrying value of that loan or lease. The general component covers classified loans and leases (substandard or special mention) without specific reserves, as well as non-classified loans and leases, and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan or lease is considered impaired when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan or lease 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 and leases that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan or lease and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured individually for commercial loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Under certain circumstances, the Corporation will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring (TDR) if the Corporation, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDRs are considered impaired and measured for impairment as described above. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Corporation does not separately identify individual consumer and residential loans for impairment disclosures.
Acquired Loans	Acquired Loans Purchased loans acquired in a business combination are segregated into three types: pass rated loans with no discount attributable to credit quality, non-impaired loans with a discount attributable at least in part to credit quality and impaired loans with evidence of significant credit deterioration. • Pass rated loans (typically performing loans) are accounted for in accordance with ASC 310-20 “Nonrefundable Fees and Other Costs” as these loans do not have evidence of credit deterioration since origination. • Non-impaired loans (typically past-due loans, special mention loans and performing substandard loans) are accounted for in accordance with ASC 310-30 “Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality” as they display at least some level of credit deterioration since origination. • Impaired loans (typically substandard loans on non-accrual status) are accounted for in accordance with ASC 310-30 as they display significant credit deterioration since origination. In accordance with ASC 310-30, for both purchased non-impaired loans and purchased impaired loans, the difference between contractually required payments at acquisition and the cash flows expected to be collected is referred to as the non-accretable difference. This amount is not recognized as a yield adjustment or as a loss accrual or a valuation allowance. Further, any excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable yield and is recognized into interest income over the remaining life of the loan when there is a reasonable expectation about the amount and timing of such cash flows. Increases in expected cash flows subsequent to the initial investment are recognized prospectively through adjustment of the yield on the loan over its remaining estimated life. Decreases in expected cash flows are recognized immediately as impairment. If the Corporation does not have the information necessary to reasonably estimate cash flows to be expected, it may use the cost recovery method or cash basis method of income recognition. Valuation allowances on these impaired loans reflect only losses incurred after the acquisition (meaning the present value of all cash flows expected at acquisition that ultimately are not to be received).
Other Real Estate Owned	Other Real Estate Owned Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at the lower of cost or fair value, less estimated cost to sell, at the date of foreclosure, establishing a new cost basis with loan balances in excess of fair value charged to the allowance for loan losses. Subsequent to foreclosure, valuations are periodically performed and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and subsequent valuation adjustments are included in other operating expenses.
Loan Sales and Servicing	Loan Sales and Servicing Certain mortgage loans are sold with mortgage servicing rights retained or released by the Corporation. The value of mortgage loans sold with servicing rights retained is reduced by the cost allocated to the associated mortgage servicing rights. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold. The Corporation generally estimates fair value for servicing rights based on the present value of future expected cash flows, using management’s best estimates of the key assumptions – credit losses, prepayment speeds, servicing costs, earnings rate, and discount rates commensurate with the risks involved. Capitalized servicing rights are reported at fair value and changes in fair value are reported in net income for the period the change occurs. Servicing fee income is recorded for servicing loans, based on a contractual percentage of the outstanding principal, and is reported as other operating income. Amortization of mortgage servicing rights is charged against loan servicing fee income.
Premises and Equipment	Premises and Equipment Premises and equipment is stated at cost, less accumulated depreciation. Upon the sale or disposition of the assets, the difference between the depreciated cost and proceeds is charged or credited to income. Depreciation is determined based on the estimated useful lives of the individual assets (typically 20 to 40 years for buildings and 3 to 10 years for equipment) and is computed primarily using the straight-line method. Premises and equipment is reviewed for impairment when events indicate the carrying amount may not be recoverable from future undiscounted cash flows. If impaired, premises and equipment is recorded at fair value and any corresponding write-downs are charged against current year earnings.
Off-Balance Sheet Credit Related Financial Instruments	Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Corporation has entered into commitments to extend credit, including commitments under commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. The Corporation maintains a separate allowance for off-balance sheet commitments. Management estimates anticipated losses using historical data and utilization assumptions. The allowance for off-balance sheet commitments is included in other liabilities.
Goodwill and Core Deposit Intangible Assets	Goodwill and Core Deposit Intangible Assets Goodwill arising from acquisitions is not amortized, but is subject to an annual impairment test to determine if an impairment loss has occurred. Significant judgment is applied when goodwill is assessed for impairment. This judgment includes developing cash flow projections, selecting appropriate discount rates, identifying relevant market comparables, incorporating general economic and market conditions, and selecting an appropriate control premium. At December 31, 2015, the Corporation believes the Bank does not have any indicators of potential impairment based on the estimated fair value of this reporting unit. The core deposit intangible asset resulting from the Findlay branch acquisition was determined to have a definite life and is being amortized on a straight-line basis over seven years through March 2017. The remaining amortization of the core deposit intangible asset is $ 40,857 for 2016 and $ 10,215 in 2017. The core deposit intangible asset resulting from The Ohio State Bank acquisition was also determined to have a definite life and is being amortized on a straight-line basis over ten years through October 2024. Future amortization of the core deposit intangible asset is $96,470 annually for years 2016 through 2023 and $80,388 in 2024.
Supplemental Retirement Benefits	Supplemental Retirement Benefits Annual provisions are made for the estimated liability for accumulated supplemental retirement benefits under agreements with certain officers and directors. These provisions are determined based on the terms of the agreements, as well as certain assumptions, including estimated service periods and discount rates.
Advertising Costs	Advertising Costs All advertising costs are expensed as incurred.
Income Taxes	Income Taxes Deferred income taxes are provided on temporary differences between financial statement and income tax reporting. Temporary differences are differences between the amounts of assets and liabilities reported for financial statement purposes and its tax bases. Deferred tax assets are recognized for temporary differences that will be deductible in future years’ tax returns and for operating loss and tax credit carryforwards. Deferred tax assets are reduced by a valuation allowance if it is deemed more likely than not that some or all of the deferred tax assets will not be realized. Deferred tax liabilities are recognized for temporary differences that will be taxable in future years’ tax returns. Benefits from tax positions taken or expected to be taken in a tax return are not recognized if the likelihood that the tax position would be sustained upon examination by a taxing authority is considered to be 50% or less. The Corporation has adopted the policy of classifying any interest and penalties resulting from the filing of its income tax returns in the provision for income taxes. The Corporation is not currently subject to state or local income taxes.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Corporation, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Corporation does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. The transfer of a participating interest in an entire financial asset must also meet the definition of a participating interest. A participating interest in a financial asset has all of the following characteristics: (1) from the date of transfer, it must represent a proportionate (pro rata) ownership interest in the financial asset, (2) from the date of transfer, all cash flows received, except any cash flows allocated as any compensation for servicing or other services performed, must be divided proportionately among participating interest holders in the amount equal to their share ownership, (3) the rights of each participating interest holder must have the same priority, (4) no party has the right to pledge or exchange the entire financial asset unless all participating interest holders agree to do so.
Comprehensive Income	Comprehensive Income Recognized revenue, expenses, gains and losses are included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the consolidated balance sheet, such items, along with net income, are components of comprehensive income.
Per Share Data	Per Share Data Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each year. Diluted net income per share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued. The weighted average number of shares used for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Basic 3,339,242 3,406,194 3,446,662 Diluted 3,339,242 3,406,194 3,446,662 Dividends per share are based on the number of shares outstanding at the declaration date.
Rate Lock Commitments	Rate Lock Commitments Loan commitments related to the origination or acquisition of mortgage loans that will be held for sale are accounted for as derivative instruments. The Corporation enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. Accordingly, such commitments, along with any related fees received from potential borrowers, are to be recorded at fair value as derivative assets or liabilities, with changes in fair value recorded in the net gain or loss on sale of mortgage loans. Fair value is based on fees currently charged to enter into similar agreements, and for fixed-rate commitments also considers the difference between current levels of interest rates and the committed rates. At December 31, 2015 and 2014, derivative assets and liabilities relating to rate lock commitments were not material to the consolidated financial statements.
Fair Values of Financial Instruments	Fair Values of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully discussed in Note 18. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates.
Subsequent Events	Subsequent Events Management evaluated subsequent events through the date the consolidated financial statements were issued. Events or transactions occurring after December 31, 2015, but prior to when the consolidated financial statements were issued, that provided additional evidence about conditions that existed at December 31, 2015, have been recognized in the financial statements for the year ended December 31, 2015. Events or transactions that provided evidence about conditions that did not exist at December 31, 2015 but arose before the financial statements were issued, have not been recognized in the consolidated financial statements for the year ended December 31, 2015. On January 20, 2016 , United Bancshares, Inc. issued a release announcing that its Board of Directors increased its dividend by 22.2% from the fourth quarter of 2014, approving a cash dividend of $ 0.11 per common share payable March 15, 2016 to shareholders of record at the close of business on February 29, 2016 .
Reclassifications	Reclassifications Certain reclassifications of prior period amounts have been made to conform to the current presentation.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Weighted Average Number of Shares Used for Net Income Per Share	The weighted average number of shares used for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Basic 3,339,242 3,406,194 3,446,662 Diluted 3,339,242 3,406,194 3,446,662

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2015
Acquisition [Abstract]
Schedule of Assets and Deposits Assumed in Acquisition	The transaction was completed in November, 2014 with assets acquired and deposits assumed being recorded at their estimated fair values as follows: Cash $ 6,628,035 Loans 58,536,569 Securities 6,881,331 Other stock, at cost 685,340 Premises and equipment 3,382,316 Goodwill 1,517,420 Cash surrender value of life insurance 1,837,062 Other intangible assets 964,697 Other real estate owned 52,000 Other assets, including accrued interest receivable 3,003,090 Total assets acquired $ 83,487,860 Deposits assumed $ 71,096,023 Federal Home Loan Bank borrowings 8,740,666 Junior subordinated deferrable interest debentures 2,438,549 Accrued expenses and other liabilities 1,212,622 Total liabilities assumed $ 83,487,860

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Amortized Cost and Fair Value of Securities	The amortized cost and fair value of securities as of December 31, 2015 and 2014 are as follows: 2015 2014 Amortized cost Fair value Amortized cost Fair value Available-for-sale: U.S. Government and agencies $ 3,998,025 $ 3,966,390 $ 9,640,249 $ 9,537,052 Obligations of states and political subdivisions 71,589,038 73,481,892 56,605,455 58,098,524 Mortgage-backed 104,223,205 104,479,413 137,073,902 137,818,544 Other 1,001,888 1,001,343 1,001,888 1,006,943 Total $ 180,812,156 $ 182,929,038 $ 204,321,494 $ 206,461,063
Unrealized Gain (Loss) on Securities	A summary of unrealized gains and losses on securities at December 31, 2015 and 2014 follows: 2015 2014 Gross unrealized gains Gross unrealized losses Gross unrealized gains Gross unrealized losses Available-for-sale: U.S. Government and agencies $ - $ 31,635 $ - $ 103,197 Obligations of states and political subdivisions 1,959,662 66,808 1,674,221 181,152 Mortgage-backed 1,070,629 814,421 1,556,536 811,894 Other - 545 5,055 - Total $ 3,030,291 $ 913,409 $ 3,235,812 $ 1,096,243
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of securities at December 31, 2015, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Cost Fair value Due in one year or less $ 1,124,806 $ 1,136,513 Due after one year through five years 16,503,553 16,738,420 Due after five years through ten years 53,752,354 55,277,996 Due after ten years 108,429,555 108,774,766 Other securities having no maturity date 1,001,888 1,001,343 Total $ 180,812,156 $ 182,929,038
Schedule of Gross Unrealized Losses and Fair Value of Debt Securities	The following table presents gross unrealized losses and fair value of debt securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2015 and 2014: Securities in a continuous unrealized loss position Less than 12 months 12 months or more Total 2015 Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Total Fair value U.S. Government and agencies $ 31,635 $ 3,966,390 $ - $ - $ 31,635 $ 3,966,390 Obligations of states and political subdivisions 44,058 6,034,425 22,750 1,448,020 66,808 7,482,445 Mortgage-backed 230,224 26,676,316 584,197 23,859,250 814,421 50,535,566 Other 545 1,001,343 - - 545 1,001,343 Total temporarily impaired securities $ 306,462 $ 37,678,474 $ 606,947 $ 25,307,270 $ 913,409 $ 62,985,744 Less than 12 months 12 months or more Total 2014 Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Total Fair value U.S. Government and agencies $ 9,932 $ 990,000 $ 93,265 $ 8,547,052 $ 103,197 $ 9,537,052 Obligations of states and political subdivisions 9,008 2,523,529 172,145 11,140,718 181,152 13,664,247 Mortgage-backed 47,257 14,086,483 764,637 37,948,535 811,894 52,035,018 Total temporarily impaired securities $ 66,197 $ 17,600,012 $ 1,030,047 $ 57,636,305 $ 1,096,243 $ 75,236,317

Loans and Leases (Tables)

Loans and Leases (Tables)	12 Months Ended
	Dec. 31, 2015
Loans and Leases [Abstract]
Composition of Loans	Loans and leases at December 31, 2015 and 2014 consist of the following: 2015 2014 Residential real estate $ 78,095,566 $ 80,367,773 Commercial 237,299,236 235,988,490 Agriculture 34,997,920 39,781,326 Consumer 3,857,293 4,799,575 Total loans and leases $ 354,250,015 $ 360,937,164
Activity in the Allowance for Credit Losses on Financing Receivables	The following tables present the activity in the allowance for loan and lease losses by portfolio segment for the years ended December 31, 2015, 2014 and 2013: Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total Balance at December 31, 2014 $ 198,367 $ 3,255,148 $ 362,895 $ 23,098 $ 3,839,508 Provision (credit) charged to expenses 971,187 (767,134) 165,745 12,202 382,000 Losses charged off (348,613) (97,959) (175,656) (16,014) (638,242) Recoveries 71,645 150,338 20,356 8,861 251,200 Balance at December 31, 2015 $ 892,586 $ 2,540,393 $ 373,340 $ 28,147 $ 3,834,466 Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total Balance at December 31, 2013 $ 305,434 $ 3,346,286 $ 344,803 $ 17,868 $ 4,014,391 Provision (credit) charged to expenses (563,961) (4,254) 125,961 12,254 (430,000) Losses charged off (97,901) (270,032) (116,812) (12,197) (496,942) Recoveries 554,795 183,148 8,943 5,173 752,059 Balance at December 31, 2014 $ 198,367 $ 3,255,148 $ 362,895 $ 23,098 $ 3,839,508 Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total Balance at December 31, 2012 $ 1,027,837 $ 5,240,175 $ 602,291 $ 47,302 $ 6,917,605 Provision (credit) charged to expenses (518,117) (25,938) (264,301) (24,569) (832,925) Losses charged off (218,394) (2,394,884) (3,896) (23,305) (2,640,479) Recoveries 14,108 526,933 10,709 18,440 570,190 Balance at December 31, 2013 $ 305,434 $ 3,346,286 $ 344,803 $ 17,868 $ 4,014,391
Allowance for Loan Losses, Current	The following tables present the balance in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment and based on impairment method as of December 31, 2015 and 2014: Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total 2015 Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ 527,940 $ 842,643 $ - $ - $ 1,370,583 Collectively evaluated for impairment 364,646 1,697,750 373,340 28,147 2,463,883 Total allowance for loan and lease losses $ 892,586 $ 2,540,393 $ 373,340 $ 28,147 $ 3,834,466 Loans and leases: Individually evaluated for impairment $ 2,192,266 $ 3,819,786 $ - $ - $ 6,012,052 Acquired with deteriorated credit quality 42,733 669,336 73,625 - 785,694 Collectively evaluated for impairment 64,091,775 201,481,260 78,021,941 3,857,293 347,452,269 Total ending loans and leases balance $ 66,326,774 $ 205,970,382 $ 78,095,566 $ 3,857,293 $ 354,250,015 Commercial Commercial and multi-family real estate Residential 1 – 4 family real estate Consumer Total 2014 Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ - $ 806,944 $ - $ - $ 806,944 Collectively evaluated for impairment 198,367 2,448,204 362,895 23,098 3,032,564 Total allowance for loan and lease losses $ 198,367 $ 3,255,148 $ 362,895 $ 23,098 $ 3,839,508 Loans and leases: Individually evaluated for impairment $ 197,803 $ 3,483,640 $ - $ - $ 3,681,443 Acquired with deteriorated credit quality 20,573 1,060,927 201,343 652 1,283,495 Collectively evaluated for impairment 63,604,790 207,402,083 80,166,430 4,798,923 355,972,226 Total ending loans and leases balance $ 63,823,166 $ 211,946,650 $ 80,367,773 $ 4,799,575 $ 360,937,164
Schedule of Activity in Allowance of Impaired Loans	The following is a summary of the activity in the allowance for loan and lease losses of impaired loans, which is a part of the Corporation’s overall allowance for loan and lease losses for the years ended December 31, 2015, 2014, and 2013: 2015 2014 2013 Balance at beginning of year $ 806,944 $ 179,016 $ 2,921,950 Provision charged to expenses 852,126 262,834 (573,330) Loans charged off (326,801) (230,905) (2,419,873) Recoveries 38,314 595,999 250,269 Balance at end of year $ 1,370,583 $ 806,944 $ 179,016
Schedule of Loans and Leases Individually Evaluated for Impairment by Class of Loans	The following table presents loans and leases individually evaluated for impairment by class of loans as of December 31, 2015 and 2014: 2015 2014 Recorded investment Allowance for loan and lease losses allocated Recorded investment Allowance for loan and lease losses allocated With no related allowance recorded: Commercial $ - $ - $ - $ - Commercial and multi-family real estate - - 1,005,067 - Agriculture - - - - Agricultural real estate - - - - Consumer - - - - Residential 1-4 family real estate - - - - With an allowance recorded: Commercial 2,192,266 527,940 197,803 85,561 Commercial and multi-family real estate 3,819,787 842,643 2,478,573 721,383 Agriculture - - - - Agricultural real estate - - - - Consumer - - - - Residential 1-4 family real estate - - - - Total $ 6,012,053 $ 1,370,583 $ 3,681,443 $ 806,944
Schedule of Financing Receivables, Non-Accrual Status	The following table presents the recorded investment in nonaccrual loans and leases, loans and leases past due over 90 days still on accrual and troubled debt restructurings by class of loans as of December 31, 2015 and 2014: 2015 2014 Nonaccrual Loans and leases past due over 90 days still accruing Troubled Debt Restructurings Nonaccrual Loans and leases past due over 90 days still accruing Troubled Debt Restructurings Commercial $ 355,415 $ - $ - $ 199,160 $ 25,284 $ - Commercial real estate 4,112,605 - 1,403,187 3,351,521 1,253,936 1,967,898 Agricultural real estate 52,061 259,858 - 78,640 - - Agriculture 19,312 - - - - - Consumer 11,977 - - 4,450 758 - Residential: 1 – 4 family 1,393,568 - 392,455 1,355,060 210,793 153,260 Home equity - - - 231,885 22,228 - Total $ 5,944,938 $ 259,858 $ 1,795,642 $ 5,220,716 $ 1,512,999 $ 2,121,158
Past Due Financing Receivables	The following table presents the aging of the recorded investment in past due loans and leases as of December 31, 2015 and 2014 by class of loans and leases: 30 – 59 days past due 60 – 89 days past due Greater than 90 days past due Total past due Loans and leases not past due Total 2015 Commercial $ 80,898 $ 50,000 $ 121,057 $ 251,955 $ 53,210,222 $ 53,462,177 Commercial real estate 643,541 15,422 1,225,385 1,884,348 181,952,711 183,837,059 Agriculture 150,064 - 19,312 169,376 12,695,221 12,864,597 Agricultural real estate 93,871 - 259,858 353,729 21,779,594 22,133,323 Consumer 49,389 301 4,824 54,514 3,802,779 3,857,293 Residential real estate 2,146,892 244,123 388,584 2,779,599 75,315,967 78,095,566 Total $ 3,164,655 $ 309,846 $ 2,019,020 $ 5,493,521 $ 348,756,494 $ 354,250,015 30 – 59 days past due 60 – 89 days past due Greater than 90 days past due Total past due Loans and leases not past due Total 2014 Commercial $ 212,495 $ 210,541 $ 36,494 $ 459,530 $ 48,300,122 $ 48,759,652 Commercial real estate 1,150,611 1,852,191 3,053,809 6,056,611 181,172,227 187,228,838 Agriculture 49,312 - - 49,312 15,014,202 15,063,514 Agricultural real estate - - 17,535 17,535 24,700,277 24,717,812 Consumer 26,295 44,537 2,941 73,773 4,725,802 4,799,575 Residential real estate 249,963 386,278 732,913 1,369,154 78,998,619 80,367,773 Total $ 1,688,676 $ 2,493,547 $ 3,843,692 $ 8,025,915 $ 352,911,249 $ 360,937,164
Risk Category of Loans, Credit Quality Indicators	As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of loans by class of loans and leases is as follows: Pass Special Mention Substandard Doubtful Not rated 2015 Commercial $ 41,184,348 $ 2,806,324 $ 2,656,154 $ - $ 19,679,948 Commercial and multi- family real estate 139,351,079 7,562,337 5,975,868 - 53,081,098 Residential 1 - 4 family 222,552 - - - 77,873,014 Consumer - - - - 3,857,293 Total $ 180,757,979 $ 10,368,661 $ 8,632,022 $ - $ 154,491,353 Pass Special Mention Substandard Doubtful Not rated 2014 Commercial $ 53,737,496 $ 1,515,485 $ 180,574 $ 197,803 $ 8,191,808 Commercial and multi- family real estate 172,674,560 9,780,593 8,902,162 110,202 20,479,134 Residential 1 - 4 family - - 110,759 - 80,257,013 Consumer - - 758 - 4,798,817 Total $ 226,412,056 $ 11,296,078 $ 9,194,253 $ 308,005 $ 113,726,772
Performance of Residential and Consumer Loan Portfolio	The following table presents the recorded investment in all loans that are not risk rated, based on payment activity as of December 31, 2015 and 2014: Commercial Commercial and multi-family real estate Residential 1-4 family Consumer 2015 Performing $ 19,539,579 $ 52,249,417 $ 77,484,430 $ 3,852,469 Nonperforming 140,369 831,681 388,584 4,824 Total $ 19,679,948 $ 53,081,098 $ 77,873,014 $ 3,857,293 Commercial Commercial and multi-family real estate Residential 1-4 family Consumer 2014 Performing $ 8,166,789 $ 19,307,124 $ 78,045,118 $ 4,788,985 Nonperforming 25,019 1,172,010 2,211,895 9,832 Total $ 8,191,808 $ 20,479,134 $ 80,257,013 $ 4,798,817
Troubled Debt Restructurings on Financing Receivables	The following table includes the recorded investment and number of modifications for TDR loans and leases during the years ended December 31, 2015 and December 31, 2014 Number of modifications Recorded investment Allowance for loan and lease losses allocated 2015 Residential Real Estate 8 $ 245,016 $ - Commercial Real Estate 8 416,403 Total 16 $ 661,419 $ - 2014 Commercial Real Estate 1 $ 1,967,706 $ 606,179
Schedule of Loans Acquired in Acquisition	The following is additional information with respect to loans and leases acquired with The Ohio State Bank acquisition as of December 31, 2015 and December 31, 2014: Contractual Principal Accretable Carrying Receivable Difference Amount Purchased Performing Loans and Leases Balance at December 31, 2014 $ 58,436,586 $ (3,143,613) $ 55,292,973 Accretion of loan discounts (16,555,787) 1,332,920 (15,222,867) Transfer to foreclosed real estate - - - Change due to loan charge-off (7,120) 1,225 (5,895) Balance at December 31, 2015 $ 41,873,679 $ (1,809,468) $ 40,064,211 Contractual Non Principal Accretable Carrying Receivable Difference Amount Purchased Impaired Loans and Leases Balance at December 31, 2014 $ 2,688,709 $ (1,788,138) $ 900,571 Change due to payments received (367,624) 241,261 (126,363) Transfer to foreclosed real estate (213,675) 207,043 (6,632) Change due to loan charge-off (147,983) 145,650 (2,333) Balance at December 31, 2015 $ 1,959,427 $ (1,194,184) $ 765,243
Schedule of Related Party Loans	The following is a summary of activity during 2015, 2014, and 2013 for such loans: 2015 2014 2013 Beginning of year $ 34,391 $ 45,480 $ 989,194 Additions 160,000 4,045 - Repayments (131,106) (15,134) (943,714) End of year $ 63,285 $ 34,391 $ 45,480

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Premises and Equipment [Abstract]
Property, Plant and Equipment	The following is a summary of premises and equipment at December 31, 2015 and 2014: 2015 2014 Land and improvements $ 3,401,312 $ 3,401,312 Buildings 11,652,345 11,587,176 Equipment 4,244,864 4,295,575 19,298,521 19,284,063 Less accumulated depreciation 7,249,841 6,898,507 Premises and equipment, net $ 12,048,680 $ 12,385,556

Servicing (Tables)

Servicing (Tables)	12 Months Ended
	Dec. 31, 2015
Contractors [Abstract]
Schedule of Servicing Assets at Fair Value	Following is a summary of mortgage servicing rights activity for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Fair value at beginning of year $ 1,217,931 $ 1,398,396 $ 930,760 Capitalized servicing rights – new loan sales 252,288 134,324 312,751 Disposals (amortization based on loan payments and payoffs) (551,846) (167,739) (160,873) Change in fair value 263,114 (147,050) 315,758 Fair value at end of year $ 1,181,487 $ 1,217,931 $ 1,398,396

Other Borrowings (Tables)

Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Other Borrowings [Abstract]
Composition of Other Borrowings	Other borrowings consists of the following at December 31, 2015 (none at December 31, 2014): 2015 2014 Federal Home Loan Bank borrowings: Secured note, with interest at .45% , due March 25, 2016 $ 645,000 $ - Secured note, with interest at .45% , due March 28, 2016 1,473,000 - Total other borrowings $ 2,118,000 $ -

Other Operating Expenses (Table

Other Operating Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Other Operating Expenses [Abstract]
Composition of Other Operating Expenses	Other operating expenses consisted of the following for the years ended December 31, 2015, 2014 and 2013: 2015 2014 2013 Data processing $ 1,052,995 $ 699,942 $ 434,175 Professional fees 906,921 1,053,907 692,375 Franchise tax 453,278 436,530 436,955 Advertising 483,885 404,558 462,758 ATM processing and other fees 437,676 448,250 446,017 Amortization of core deposit intangible asset 137,327 56,935 40,857 Postage 42,772 100,241 165,439 Stationery and supplies 99,440 172,303 177,947 FDIC assessment 358,132 330,479 379,587 Loan closing fees 190,544 233,068 174,564 Other real estate owned 354,337 273,243 250,632 Deposit losses (recoveries), net 35,448 (19,928) 28,720 Prepayment penalty on borrowings - 528,750 984,566 Other 1,715,281 1,657,150 1,557,286 Total other operating expenses $ 6,268,036 $ 6,375,428 $ 6,231,878

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The provision for income taxes for the years ended December 31, 2015, 2014 and 2013 consist of the following: 2015 2014 2013 Current $ 545,900 $ 784,500 $ 208,000 Deferred 859,100 298,500 1,032,000 Total provision for income taxes $ 1,405,000 $ 1,083,000 $ 1,240,000
Schedule of Effective Income Tax Rate Reconciliation	The income tax provision attributable to income from operations differed from the amounts computed by applying the U.S. federal income tax rate of 34% to income before income taxes as a result of the following: 2015 2014 2013 Expected tax using statutory tax rate of 34% $ 2,489,400 $ 1,834,100 $ 1,999,600 Increase (decrease) in tax resulting from: Tax-exempt income on state and municipal securities and political subdivision loans (577,200) (574,200) (630,600) Tax-exempt income on life insurance contracts (145,200) (134,900) (140,100) Deductible dividends paid to United Bancshares, Inc. ESOP (39,300) (39,600) (23,700) Uncertain tax position reserves (24,700) (29,800) 7,600 Merger and acquisition costs - 52,800 - Accounting method change relating to bad debt reserve recapture (331,500) - - Other, net 33,500 (25,400) 27,200 Total provision for income taxes $ 1,405,000 $ 1,083,000 $ 1,240,000
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2015 and 2014 are presented below: 2015 2014 Deferred tax assets: Allowance for loan losses $ 1,318,900 $ 1,318,700 Deferred compensation 534,300 560,600 Alternative minimum tax credits 792,700 657,300 Nonaccrual loan interest 320,600 408,600 Deferred loan fees 143,500 154,400 Other real estate owned 318,600 367,500 Accrued vacation expense 130,600 126,500 Accrued profit sharing 160,300 117,300 Loans fair value adjustments 919,400 1,534,800 Other 53,400 209,800 Net operating loss carryforward 750,700 852,200 Total deferred tax assets 5,443,000 6,307,700 Deferred tax liabilities: Unrealized gain on securities available-for- sale 719,700 727,500 Federal Home Loan Bank stock dividends 849,200 769,600 Capitalized mortgage servicing rights 401,700 414,100 Prepaid expenses 87,600 55,800 Acquisition intangibles 2,470,600 2,230,300 Bad debt reserve recapture - 298,400 Trust preferred fair value adjustment 211,000 222,500 Other 20,500 55,500 Total deferred tax liabilities 4,760,300 4,773,700 Net deferred tax assets $ 682,700 $ 1,534,000
Rollforward of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: 2015 2014 Balance at January 1 $ 43,300 $ 72,100 Additions based on tax positions related to the current year - 3,200 Reductions due to the statute of limitation (22,900) (32,000) Balance at December 31 $ 20,400 $ 43,300

Financial Instruments with Of40

Financial Instruments with Off-Balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2015
Financial Instruments With Off-Balance Sheet Risk [Abstract]
Schedule of Financial Instruments With Off-Balance Sheet Risk	The following financial instruments whose contract amount represents credit risk were outstanding at December 31, 2015 and 2014: Contract amount 2015 2014 Commitments to extend credit $ 84,069,000 $ 91,861,000 Letters of credit $ 325,000 $ 1,060,000

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The actual capital amounts and ratios of the Corporation and Bank as of December 31, 2015 and 2014 are presented in the following table: Minimum to be well capitalized Minimum under prompt capital corrective Actual requirement action provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2015 Common Equity Tier 1 Capital (CET1) (to Risk Weighted Assets) * Consolidated $ 72,202 16.3% $ 19,951 ≥ 4.5% N/A N/A Bank $ 70,428 15.9% $ 19,905 ≥ 4.5% $ 28,751 6.5% Total Capital (to Risk Weighted Assets) Consolidated $ 75,517 17.0% $ 35,469 ≥ 8.0% N/A N/A Bank $ 74,307 16.8% $ 35,386 ≥ 8.0% $ 44,233 10.0% Tier 1 Capital (to Risk weighted Assets) Consolidated $ 72,202 16.3% $ 26,602 ≥ 6.0% N/A N/A Bank $ 70,428 15.9% $ 26,540 ≥ 6.0% 35,386 8.0% Tier 1 Capital (to Average Assets) Consolidated $ 72,202 11.7% $ 24,704 ≥ 4.0% N/A N/A Bank $ 70,428 11.8% $ 23,978 ≥ 4.0% $ 29,972 5.0% As of December 31, 2014 Total Capital (to Risk Weighted Assets ) Consolidated $ 71,742 15.8% $ 36,307 ≥ 8.0% N/A N/A Bank $ 70,319 15.5% $ 36,191 ≥ 8.0% $ 45,239 10.0% Tier 1 Capital (to Risk Weighted Assets ) Consolidated $ 67,863 15.0% $ 18,154 ≥ 4.0% N/A N/A Bank $ 66,440 14.7% $ 18,096 ≥ 4.0% 27,143 6.0% Tier 1 Capital (to Average Assets) Consolidated $ 67,863 11.0% $ 24,624 ≥ 4.0% N/A N/A Bank $ 66,440 10.7% $ 24,735 ≥ 4.0% $ 30,919 5.0% * CET1 is effective as of January 1, 2015

Condensed Parent Company Fina42

Condensed Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Parent Company Financial Information [Abstract]
Condensed Parent Company Balance Sheet	Condensed Balance Sheets Assets: 2015 2014 Cash $ 334,272 $ 118,632 Investment in bank subsidiary 82,564,196 79,085,666 Premises and equipment, net of accumulated depreciation 266,774 292,396 Other assets, including income taxes receivable from bank subsidiary of $804,962 and $632,480 in 2015 and 2014, respectfully. 1,238,591 1,185,649 Total assets $ 84,403,833 $ 80,682,343 Liabilities: Accrued expenses 70,255 $ 54,968 Federal income taxes payable - 116,548 Junior subordinated deferrable interest debentures 12,772,401 12,738,550 Total liabilities 12,842,656 12,910,066 Shareholders’ equity: Common stock 3,760,557 3,760,557 Surplus 14,669,087 14,665,845 Retained earnings 58,641,837 53,925,768 Accumulated other comprehensive income 1,397,130 1,412,115 Treasury stock, at cost (6,907,434) (5,992,008) Total shareholders’ equity 71,561,177 67,772,277 Total liabilities and shareholders’ equity $ 84,403,833 $ 80,682,343
Condensed Parent Company Income Statement	Condensed Statements of Income 2015 2014 2013 Income – including dividends from bank subsidiary $ 3,000,104 $ 3,200,105 $ 975,356 Expenses – interest expense, professional fees and other expenses, net of federal income tax benefit (576,734) (587,451) (523,271) Income before equity in undistributed net income of bank subsidiary 2,423,370 2,612,654 452,085 Equity in undistributed net income of bank subsidiaries 3,493,515 1,698,844 4,189,119 Net income $ 5,916,885 $ 4,311,498 $ 4,641,204
Condensed Parent Company Cash Flow Statement	Condensed Statements of Cash Flows 2015 2014 2013 Cash flows from operating activities: Net income $ 5,916,885 $ 4,311,498 $ 4,641,204 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of bank subsidiary (3,493,515) (1,698,844) (4,189,119) Depreciation and amortization 25,622 25,622 25,622 Discount accretion on junior subordinated deferrable interest debentures 33,851 - - (Increase) in other assets (52,942) (4,412) (665,429) Increase (decrease) in other liabilities, including accrued expenses (101,261) (70,785) 201,086 Net cash provided by operating activities 2,328,640 2,563,079 13,364 Cash flows from investing activities: Payment for acquisition - (1,197,237) - Net cash used in investing activities investing activities operating activities - (1,197,237) - Cash flows from financing activities: Purchase treasury stock (926,328) (1,136,430) (72,200) Proceeds from sale of treasury shares 14,143 12,443 13,604 Cash dividends paid (1,200,815) (1,193,419) (689,380) Net cash used by financing activities (2,113,000) (2,317,406) (747,976) Net increase (decrease) in cash 215,640 (951,564) (734,612) Cash at beginning of the year 118,632 1,070,196 1,804,808 Cash at end of the year $ 334,272 $ 118,632 $ 1,070,196

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value [Abstract]
Fair Value Measurements, Recurring and Nonrecurring	The following table summarizes financial assets (there were no financial liabilities) measured at fair value as of December 31, 2015 and 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: 2015 Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Recurring: Securities available-for-sale: U.S. Government and Agencies $ - $ 3,966,390 $ - $ 3,966,390 Obligations of state and political subdivisions - 71,093,028 2,388,864 73,481,892 Mortgage-backed - 104,479,413 - 104,479,413 Other 999,455 1,888 - 1,001,343 Mortgage servicing rights - - 1,181,487 1,181,487 Total recurring $ 999,455 $ 179,540,719 $ 3,570,351 $ 184,110,525 Nonrecurring: Impaired loans, net $ - $ - $ 4,641,469 $ 4,641,469 Other real estate owned - - 173,047 173,047 Total nonrecurring $ - $ - $ 4,814,516 $ 4,814,516 2014 Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Recurring: Securities available-for-sale: U.S. Government and Agencies $ - $ 9,537,052 $ - $ 9,537,052 Obligations of state and political subdivisions - 55,562,707 2,535,817 58,098,524 Mortgage-backed - 137,818,544 - 137,818,544 Other 1,005,055 1,888 - 1,006,943 Mortgage servicing rights - - 1,217,931 1,217,931 Total recurring $ 1,005,055 $ 202,920,191 $ 3,753,748 $ 207,678,994 Nonrecurring: Impaired loans, net $ - $ - $ 2,874,499 $ 2,874,499 Other real estate owned - - 535,999 535,999 Total nonrecurring $ - $ - $ 3,410,498 $ 3,410,498
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The table below presents a reconciliation and income statement classification of gains and losses for mortgage servicing rights, which is measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2015, 2014 and 2013: Mortgage Servicing Rights 2015 2014 2013 Balance at beginning of year $ 1,217,931 $ 1,398,396 $ 930,760 Gains or losses, including realized and unrealized: Purchases, issuances, and settlements 252,288 134,324 312,751 Disposals – amortization based on loan payments and payoffs (551,846) (167,739) (160,873) Changes in fair value 263,114 (147,050) 315,758 Balance at end of year $ 1,181,487 $ 1,217,931 $ 1,398,396 Securities valued using Level 3 inputs Balance at beginning of year $ 2,535,817 $ 2,673,424 Principal payments received (145,158) (139,400) Changes in fair value (1,795) 1,793 Balance at end of year $ 2,388,864 $ 2,535,817

Fair Value of Financial Instr44

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Financial Instruments With Off-Balance Sheet Risk [Abstract]
Carrying Amounts and Fair Values of Recognized Financial Instruments	The carrying amounts and estimated fair values of recognized financial instruments at December 31, 2015 and 2014 are as follows: 2015 2014 Carrying Amount Estimated Value Carrying Amount Estimated Value Input Level (dollars in thousands) FINANCIAL ASSETS Cash and cash equivalents $ 22,922 $ 22,922 $ 32,355 $ 32,355 1 Securities, including Federal Home Loan Bank stock 187,759 187,759 211,291 211,291 2 Certificates of deposit 1,992 1,992 2,490 2,490 2 Loans held for sale 347 347 229 229 3 Net loans 350,416 350,374 357,098 357,066 3 Mortgage servicing rights 1,181 1,181 1,218 1,218 3 $ 564,617 $ 564,575 $ 604,681 $ 604,649 2015 2014 Carrying Amount Estimated Value Carrying Amount Estimated Value Input Level (dollars in thousands) FINANCIAL LIABILITIES Deposits Maturity $ 148,486 $ 147,164 $ 174,929 $ 174,263 3 Non-maturity 369,934 369,934 390,516 390,516 1 Other borrowings 2,118 2,118 - - 3 Junior subordinated deferrable interest debentures 12,772 8,265 12,739 12,627 3 $ 533,310 $ 527,481 $ 578,184 $ 577,406

Leasing Arrangements (Tables)

Leasing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2015
Leasing Arrangements [Abstract]
Schedule of Future Minimum Rental Payments	The following is a schedule of future minimum rental payments required under the above operating lease as of December 31, 2015: Year ending December 31 Amount 2016 $ 22,500

Quarterly Financial Data (Una46

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Schedule of Quarterly Financial Information	The following represents a summary of selected unaudited quarterly financial data for 2015 and 2014: Net Net Income Interest Interest Net Per Share Income Income Income Basic Diluted 2015 (Dollars in thousands, except per share data) First quarter $ 5,710 $ 5,056 $ 1,122 $ 0.333 $ 0.333 Second quarter $ 5,670 $ 5,143 $ 1,903 $ 0.569 $ 0.569 Third quarter $ 5,755 $ 5,259 $ 1,503 $ 0.451 $ 0.451 Fourth quarter $ 5,701 $ 4,919 $ 1,389 $ 0.419 $ 0.419 2014 First quarter $ 4,859 $ 4,188 $ 901 $ 0.262 $ 0.262 Second quarter $ 4,814 $ 4,013 $ 1,325 $ 0.387 $ 0.387 Third quarter $ 4,799 $ 4,144 $ 1,038 $ 0.306 $ 0.306 Fourth quarter $ 5,148 $ 5,037 $ 1,047 $ 0.311 $ 0.311

Summary of Significant Accoun47

Summary of Significant Accounting Policies (Narrative) (Details)	1 Months Ended	12 Months Ended
	Jan. 20, 2016$ / shares	Dec. 31, 2015USD ($)segment	Dec. 31, 2014USD ($)
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Number of operating segments | segment		1
Required cash on hand with Federal Reserve Bank		$ 1,351,000	$ 2,623,000
Gross unrealized losses		$ 0	$ 0
Core Deposits [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Intangible asset useful life		7 years
Amortization of core deposit intangible asset, FY 2016		$ 40,857
Amortization of core deposit intangible asset, FY 2017		$ 10,215
Subsequent Event [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Dividends, date declared	Jan. 20, 2016
Percentage increase in dividend	22.20%
Dividends payable (dollars per share) | $ / shares	$ 0.11
Dividends, date to be paid	Mar. 15, 2016
Dividends, date of record	Feb. 29, 2016
Ohio State Bancshares, Inc. [Member] | Core Deposits [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Intangible asset useful life		10 years
Amortization of core deposit intangible asset, FY 2016		$ 96,470
Amortization of core deposit intangible asset, FY 2017		96,470
Amortization of core deposit intangible asset, FY 2018		96,470
Amortization of core deposit intangible asset, FY 2019		96,470
Amortization of core deposit intangible asset, FY 2020		96,470
Amortization of core deposit intangible asset each year, FY 2020, 2021, 2022, and 2023		96,470
Amortization of core deposit intangible asset, FY 2024		$ 80,388
Minimum [Member] | Building [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, plant, and equipment, useful life		20 years
Minimum [Member] | Equipment [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, plant, and equipment, useful life		3 years
Maximum [Member] | Building [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, plant, and equipment, useful life		40 years
Maximum [Member] | Equipment [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, plant, and equipment, useful life		10 years

Summary of Significant Accoun48

Summary of Significant Accounting Policies (Weighted Average Number of Shares Outstanding) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
The Weighted Average Number of Shares Outstanding [Abstract]
Basic	3,339,242	3,406,194	3,446,662
Diluted	3,339,242	3,406,194	3,446,662

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2014
Acquisition [Abstract]
Consideration paid	$ 1,197,237
Repayment of debt	1,190,856
Acquisition-related costs	935,000
Goodwill	$ 10,072,399	$ 10,072,399	$ 1,517,420

Acquisition (Schedule of Assets

Acquisition (Schedule of Assets and Deposits Assumed in Acquisition) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2014
Business Acquisition [Line Items]
Goodwill	$ 10,072,399	$ 10,072,399	$ 1,517,420
Ohio State Bancshares, Inc. [Member]
Business Acquisition [Line Items]
Cash	6,628,035
Loans	58,536,569
Securities	6,881,331
Other stock, at cost	685,340
Premises and equipment	3,382,316
Goodwill	1,517,420
Cash surrender value of life insurance	1,837,062
Other intangible assets	964,697
Other real estate owned	52,000
Other assets, including accrued interest receivable	3,003,090
Total assets acquired	83,487,860
Deposits assumed	71,096,023
Federal Home Loan Bank borrowings	8,740,666
Junior subordinated deferrable interest debentures	2,438,549
Accrued expenses and other liabilities	1,212,622
Total liabilities acquired	$ 83,487,860

Securities (Narrative) (Details

Securities (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)security	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Note 3 - Securities (Details) [Line Items]
Available for sale securities pledged as collateral	$ 22,606,000	$ 20,168,000
Number of available for sale securities in unrealized loss position | security	74
Number of available for sale securities in unrealized loss position, one year or more | security	29
Available for sale securities, gross realized gains	$ 141,318	412,812	$ 134,848
Income tax expense (benefit)	1,405,000	1,083,000	1,240,000
Available for sale securities, gross realized losses	25,702	13,052	671
Realized Gains on Sale of Securities [Member]
Note 3 - Securities (Details) [Line Items]
Income tax expense (benefit)	48,048	140,356	45,848
Realized Losses on Sale of Securities [Member]
Note 3 - Securities (Details) [Line Items]
Income tax expense (benefit)	$ 8,739	$ 4,438	$ 228

Securities (Amortized Cost and

Securities (Amortized Cost and Fair Value of Available-For-Sale Securities) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	$ 180,812,156	$ 204,321,494
Fair value, securities	182,929,038	206,461,063
U.S. Government Agencies Debt Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	3,998,025	9,640,249
Fair value, securities	3,966,390	9,537,052
U.S. States and Political Subdivisions Debt Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	71,589,038	56,605,455
Fair value, securities	73,481,892	58,098,524
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	104,223,205	137,073,902
Fair value, securities	104,479,413	137,818,544
Other Available-for-Sale Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	1,001,888	1,001,888
Fair value, securities	$ 1,001,343	$ 1,006,943

Securities (Gross Unrealized Ga

Securities (Gross Unrealized Gains and Losses on Available-For-Sale Securities) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale:
Available-for-sale securities gross unrealized gains	$ 3,030,291	$ 3,235,812
Available-for-sale securities gross unrealized losses	913,409	1,096,243
U.S. Government Agencies Debt Securities [Member]
Available-for-sale:
Available-for-sale securities gross unrealized losses	31,635	103,197
U.S. States and Political Subdivisions Debt Securities [Member]
Available-for-sale:
Available-for-sale securities gross unrealized gains	1,959,662	1,674,221
Available-for-sale securities gross unrealized losses	66,808	181,152
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale:
Available-for-sale securities gross unrealized gains	1,070,629	1,556,536
Available-for-sale securities gross unrealized losses	814,421	811,894
Other Available-for-Sale Securities [Member]
Available-for-sale:
Available-for-sale securities gross unrealized gains		$ 5,055
Available-for-sale securities gross unrealized losses	$ 545

Securities (Securities by Contr

Securities (Securities by Contractual Maturity) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Securities by Contractual Maturity [Abstract]
Due in one year or less	$ 1,124,806
Due in one year or less, Fair value	1,136,513
Due after one year through five years	16,503,553
Due after one year through five years, Fair value	16,738,420
Due after five years through ten years	53,752,354
Due after five years through ten years, Fair value	55,277,996
Due after ten years	108,429,555
Due after ten years, Fair value	108,774,766
Other securities having no maturity date	1,001,888
Other securities having no maturity date, Fair value	1,001,343
Total amoritzed cost	180,812,156	$ 204,321,494
Available-for-sale Securities, Total	$ 182,929,038	$ 206,461,063

Securities (Securities in a Con

Securities (Securities in a Continuous Unrealized Loss Position) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 3 - Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Securities in a continuous unrealized loss position less than 12 months unrealized losses	$ 306,462	$ 66,197
Securities in a continuous unrealized loss position less than 12 months fair value	37,678,474	17,600,012
Securities in a continuous unrealized loss position 12 months or more unrealized losses	606,947	1,030,047
Securities in a continuous unrealized loss position 12 months or more fair value	25,307,270	57,636,305
Securities in a continuous unrealized loss position unrealized losses	913,409	1,096,243
Securities in a continuous unrealized loss position fair value	62,985,744	75,236,317
U.S. Government Agencies Debt Securities [Member]
Note 3 - Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Securities in a continuous unrealized loss position less than 12 months unrealized losses	31,635	9,932
Securities in a continuous unrealized loss position less than 12 months fair value	3,966,390	990,000
Securities in a continuous unrealized loss position 12 months or more unrealized losses		93,265
Securities in a continuous unrealized loss position 12 months or more fair value		8,547,052
Securities in a continuous unrealized loss position unrealized losses	31,635	103,197
Securities in a continuous unrealized loss position fair value	3,966,390	9,537,052
U.S. States and Political Subdivisions Debt Securities [Member]
Note 3 - Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Securities in a continuous unrealized loss position less than 12 months unrealized losses	44,058	9,008
Securities in a continuous unrealized loss position less than 12 months fair value	6,034,425	2,523,529
Securities in a continuous unrealized loss position 12 months or more unrealized losses	22,750	172,145
Securities in a continuous unrealized loss position 12 months or more fair value	1,448,020	11,140,718
Securities in a continuous unrealized loss position unrealized losses	66,808	181,152
Securities in a continuous unrealized loss position fair value	7,482,445	13,664,247
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 3 - Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Securities in a continuous unrealized loss position less than 12 months unrealized losses	230,224	47,257
Securities in a continuous unrealized loss position less than 12 months fair value	26,676,316	14,086,483
Securities in a continuous unrealized loss position 12 months or more unrealized losses	584,197	764,637
Securities in a continuous unrealized loss position 12 months or more fair value	23,859,250	37,948,535
Securities in a continuous unrealized loss position unrealized losses	814,421	811,894
Securities in a continuous unrealized loss position fair value	50,535,566	$ 52,035,018
Other Available-for-Sale Securities [Member]
Note 3 - Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Securities in a continuous unrealized loss position less than 12 months unrealized losses	545
Securities in a continuous unrealized loss position less than 12 months fair value	1,001,343
Securities in a continuous unrealized loss position unrealized losses	545
Securities in a continuous unrealized loss position fair value	$ 1,001,343

Loans and Leases (Narrative) (D

Loans and Leases (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 14, 2014	Dec. 31, 2012
Note 4 - Loans (Details) [Line Items]
Loans Receivable	$ 354,250,015	$ 360,937,164			$ 6,917,605
Impaired Financing Receivable, Average Recorded Investment	5,579,000	3,851,000	$ 9,761,000
Impaired Financing Receivable, Interest Income, Accrual Method	339,000	197,000	203,000
Loans acquired with deteriorated credit quality	785,694	1,283,495
Loans and Leases Receivable, Related Parties	63,285	34,391	$ 45,480		$ 989,194
Fixed-Rate Loans [Member]
Note 4 - Loans (Details) [Line Items]
Loans Receivable	60,131,000	65,287,000
Agriculture (Member)
Note 4 - Loans (Details) [Line Items]
Loans Receivable	34,997,920	39,781,326
Ohio State Bancshares, Inc. [Member]
Note 4 - Loans (Details) [Line Items]
Loans acquired with deteriorated credit quality	$ 765,243	$ 900,571		$ 958,744

Loans and Leases (Composition o

Loans and Leases (Composition of Loans) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
LOANS & LEASES	$ 354,250,015	$ 360,937,164	$ 6,917,605
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
LOANS & LEASES	78,095,566	80,367,773
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
LOANS & LEASES	237,299,236	235,988,490
Agriculture (Member)
Accounts, Notes, Loans and Financing Receivable [Line Items]
LOANS & LEASES	34,997,920	39,781,326
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
LOANS & LEASES	$ 3,857,293	$ 4,799,575

Loans and Leases (Activity in t

Loans and Leases (Activity in the Allowance for Loan Losses) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 4 - Loans (Details) - Activity in the Allowance for Loan Losses [Line Items]
Allowance for loan losses	$ 3,839,508	$ 4,014,391
Provision charged to operations	382,000	(430,000)	$ (832,925)
Loans charged-off	(638,242)	(496,942)	(2,640,479)
Recoveries	251,200	752,059	570,190
Allowance for loan losses	3,834,466	3,839,508	4,014,391
Impaired Loans [Member]
Note 4 - Loans (Details) - Activity in the Allowance for Loan Losses [Line Items]
Allowance for loan losses	806,944	179,016	2,921,950
Provision charged to operations	852,126	262,834	(573,330)
Loans charged-off	(326,801)	(230,905)	(2,419,873)
Recoveries	38,314	595,999	250,269
Allowance for loan losses	1,370,583	806,944	179,016
Commercial Loans [Member]
Note 4 - Loans (Details) - Activity in the Allowance for Loan Losses [Line Items]
Allowance for loan losses	198,367	305,434	1,027,837
Provision charged to operations	971,187	(563,961)	(518,117)
Loans charged-off	(348,613)	(97,901)	(218,394)
Recoveries	71,645	554,795	14,108
Allowance for loan losses	892,586	198,367	305,434
Commercial and Multi-Family Real Estate [Member]
Note 4 - Loans (Details) - Activity in the Allowance for Loan Losses [Line Items]
Allowance for loan losses	3,255,148	3,346,286	5,240,175
Provision charged to operations	(767,134)	(4,254)	(25,938)
Loans charged-off	(97,959)	(270,032)	(2,394,884)
Recoveries	150,338	183,148	526,933
Allowance for loan losses	2,540,393	3,255,148	3,346,286
Residential 1-4 Family Real Estate [Member]
Note 4 - Loans (Details) - Activity in the Allowance for Loan Losses [Line Items]
Allowance for loan losses	362,895	344,803	602,291
Provision charged to operations	165,745	125,961	(264,301)
Loans charged-off	(175,656)	(116,812)	(3,896)
Recoveries	20,356	8,943	10,709
Allowance for loan losses	373,340	362,895	344,803
Consumer Portfolio Segment [Member]
Note 4 - Loans (Details) - Activity in the Allowance for Loan Losses [Line Items]
Allowance for loan losses	23,098	17,868	47,302
Provision charged to operations	12,202	12,254	(24,569)
Loans charged-off	(16,014)	(12,197)	(23,305)
Recoveries	8,861	5,173	18,440
Allowance for loan losses	$ 28,147	$ 23,098	$ 17,868

Loans and Leases (Activity in59

Loans and Leases (Activity in the Allowance for Loan Losses by Portfolio Segment) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	$ 3,834,466	$ 3,839,508	$ 4,014,391
Loans individually evaluated for impairment	6,012,052	3,681,443
Loans collectively evaluated for impairment	347,452,269	355,972,226
Loans acquired with deteriorated credit quality	785,694	1,283,495
Total ending loans and leases balance	354,250,015	360,937,164		$ 6,917,605
Allowance for loan losses, attributable to loans individually evaluated	1,370,583	806,944
Allowance for loan losses, collectively evaluated	2,463,883	3,032,564
Provision charged to expenses	382,000	(430,000)	(832,925)
Commercial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	892,586	198,367	305,434
Loans individually evaluated for impairment	2,192,266	197,803
Loans collectively evaluated for impairment	64,091,775	63,604,790
Loans acquired with deteriorated credit quality	42,733	20,573
Total ending loans and leases balance	66,326,774	63,823,166
Allowance for loan losses, attributable to loans individually evaluated	527,940
Allowance for loan losses, collectively evaluated	364,646	198,367
Provision charged to expenses	971,187	(563,961)	(518,117)
Commercial and Multi-Family Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	2,540,393	3,255,148	3,346,286
Loans individually evaluated for impairment	3,819,786	3,483,640
Loans collectively evaluated for impairment	201,481,260	207,402,083
Loans acquired with deteriorated credit quality	669,336	1,060,927
Total ending loans and leases balance	205,970,382	211,946,650
Allowance for loan losses, attributable to loans individually evaluated	842,643	806,944
Allowance for loan losses, collectively evaluated	1,697,750	2,448,204
Provision charged to expenses	(767,134)	(4,254)	(25,938)
Residential 1-4 Family Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	373,340	362,895	344,803
Loans collectively evaluated for impairment	78,021,941	80,166,430
Loans acquired with deteriorated credit quality	73,625	201,343
Total ending loans and leases balance	78,095,566	80,367,773
Allowance for loan losses, collectively evaluated	373,340	362,895
Provision charged to expenses	165,745	125,961	(264,301)
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	28,147	23,098	17,868
Loans collectively evaluated for impairment	3,857,293	4,798,923
Loans acquired with deteriorated credit quality		652
Total ending loans and leases balance	3,857,293	4,799,575
Allowance for loan losses, collectively evaluated	28,147	23,098
Provision charged to expenses	$ 12,202	$ 12,254	$ (24,569)

Loans and Leases (Loans Individ

Loans and Leases (Loans Individually Evaluated for Impairment) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Allowance for Loan and Lease Losses Allocated
Indivdually Evaluated for Impairment [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment, with allowance recorded	$ 6,012,053	$ 3,681,443
Allowance for Loan and Lease Losses Allocated	1,370,583	806,944
Commercial Portfolio Segment [Member] | Indivdually Evaluated for Impairment [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment, with allowance recorded	2,192,266	197,803
Allowance for Loan and Lease Losses Allocated	527,940	85,561
Commercial and Multi-Family Real Estate [Member] | Indivdually Evaluated for Impairment [Member]
Financing Receivable, Impaired [Line Items]
Recorded investment, with no related allowance		1,005,067
Recorded investment, with allowance recorded	3,819,787	2,478,573
Allowance for Loan and Lease Losses Allocated	$ 842,643	$ 721,383

Loans and Leases (Nonaccrual Lo

Loans and Leases (Nonaccrual Loans) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	$ 5,944,938	$ 5,220,716
Loans and leases past due over 90 days and still accruing	259,858	1,512,999
Troubled debt restructurings	1,795,642	2,121,158
Commercial Portfolio Segment [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	355,415	199,160
Loans and leases past due over 90 days and still accruing		25,284
Commercial Real Estate Portfolio Segment [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	4,112,605	3,351,521
Loans and leases past due over 90 days and still accruing		1,253,936
Troubled debt restructurings	1,403,187	1,967,898
Agricultural Real Estate [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	52,061	78,640
Loans and leases past due over 90 days and still accruing	259,858
Agriculture Portfolio [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	19,312
Consumer Portfolio Segment [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	11,977	4,450
Loans and leases past due over 90 days and still accruing		758
Residential 1-4 Family Real Estate [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual	1,393,568	1,355,060
Loans and leases past due over 90 days and still accruing		210,793
Troubled debt restructurings	$ 392,455	153,260
Home Equity Loans [Member]
Note 4 - Loans (Details) - Nonaccrual Loans [Line Items]
Nonaccrual		231,885
Loans and leases past due over 90 days and still accruing		$ 22,228

Loans and Leases (Aging of the

Loans and Leases (Aging of the Recorded Investment in Past Due Loans) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	$ 3,164,655	$ 1,688,676
60 - 89 days past due	309,846	2,493,547
Greater than 90 days past due	2,019,020	3,843,692
Total past due	5,493,521	8,025,915
Loans and leases not past due	348,756,494	352,911,249
Total ending loans and leases balance	354,250,015	360,937,164	$ 6,917,605
Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	80,898	212,495
60 - 89 days past due	50,000	210,541
Greater than 90 days past due	121,057	36,494
Total past due	251,955	459,530
Loans and leases not past due	53,210,222	48,300,122
Total ending loans and leases balance	53,462,177	48,759,652
Commercial Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	643,541	1,150,611
60 - 89 days past due	15,422	1,852,191
Greater than 90 days past due	1,225,385	3,053,809
Total past due	1,884,348	6,056,611
Loans and leases not past due	181,952,711	181,172,227
Total ending loans and leases balance	183,837,059	187,228,838
Agriculture Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	150,064	49,312
Greater than 90 days past due	19,312
Total past due	169,376	49,312
Loans and leases not past due	12,695,221	15,014,202
Total ending loans and leases balance	12,864,597	15,063,514
Agricultural Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	93,871
Greater than 90 days past due	259,858	17,535
Total past due	353,729	17,535
Loans and leases not past due	21,779,594	24,700,277
Total ending loans and leases balance	22,133,323	24,717,812
Consumer Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	49,389	26,295
60 - 89 days past due	301	44,537
Greater than 90 days past due	4,824	2,941
Total past due	54,514	73,773
Loans and leases not past due	3,802,779	4,725,802
Total ending loans and leases balance	3,857,293	4,799,575
Residential Real Estate Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30 - 59 days past due	2,146,892	249,963
60 - 89 days past due	244,123	386,278
Greater than 90 days past due	388,584	732,913
Total past due	2,779,599	1,369,154
Loans and leases not past due	75,315,967	78,998,619
Total ending loans and leases balance	$ 78,095,566	$ 80,367,773

Loans and Leases (Loans By Cred

Loans and Leases (Loans By Credit Quality Indicators) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2012
2,013
Loans Receivable	$ 354,250,015	$ 360,937,164	$ 6,917,605
Pass [Member]
2,013
Loans Receivable	180,757,979	226,412,056
Special Mention [Member]
2,013
Loans Receivable	10,368,661	11,296,078
Substandard [Member]
2,013
Loans Receivable	8,632,022	9,194,253
Doubtful [Member]
2,013
Loans Receivable		308,005
Not Rated [Member]
2,013
Loans Receivable	154,491,353	113,726,772
Commercial Portfolio Segment [Member]
2,013
Loans Receivable	237,299,236	235,988,490
Commercial Portfolio Segment [Member] | Pass [Member]
2,013
Loans Receivable	41,184,348	53,737,496
Commercial Portfolio Segment [Member] | Special Mention [Member]
2,013
Loans Receivable	2,806,324	1,515,485
Commercial Portfolio Segment [Member] | Substandard [Member]
2,013
Loans Receivable	2,656,154	180,574
Commercial Portfolio Segment [Member] | Doubtful [Member]
2,013
Loans Receivable		197,803
Commercial Portfolio Segment [Member] | Not Rated [Member]
2,013
Loans Receivable	19,679,948	8,191,808
Commercial and Multi-Family Real Estate [Member]
2,013
Loans Receivable	205,970,382	211,946,650
Commercial and Multi-Family Real Estate [Member] | Pass [Member]
2,013
Loans Receivable	139,351,079	172,674,560
Commercial and Multi-Family Real Estate [Member] | Special Mention [Member]
2,013
Loans Receivable	7,562,337	9,780,593
Commercial and Multi-Family Real Estate [Member] | Substandard [Member]
2,013
Loans Receivable	5,975,868	8,902,162
Commercial and Multi-Family Real Estate [Member] | Doubtful [Member]
2,013
Loans Receivable		110,202
Commercial and Multi-Family Real Estate [Member] | Not Rated [Member]
2,013
Loans Receivable	53,081,098	20,479,134
Residential 1-4 Family Real Estate [Member]
2,013
Loans Receivable	78,095,566	80,367,773
Residential 1-4 Family Real Estate [Member] | Pass [Member]
2,013
Loans Receivable	222,552
Residential 1-4 Family Real Estate [Member] | Substandard [Member]
2,013
Loans Receivable		110,759
Residential 1-4 Family Real Estate [Member] | Not Rated [Member]
2,013
Loans Receivable	77,873,014	80,257,013
Consumer Portfolio Segment [Member]
2,013
Loans Receivable	3,857,293	4,799,575
Consumer Portfolio Segment [Member] | Substandard [Member]
2,013
Loans Receivable		758
Consumer Portfolio Segment [Member] | Not Rated [Member]
2,013
Loans Receivable	$ 3,857,293	$ 4,798,817

Loans and Leases (Performance o

Loans and Leases (Performance of the Loan Portfolio) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Commercial Portfolio Segment [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	$ 19,679,948	$ 8,191,808
Commercial Portfolio Segment [Member] | Performing Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	19,539,579	8,166,789
Commercial Portfolio Segment [Member] | Nonperforming Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	140,369	25,019
Commercial and Multi-Family Real Estate [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	53,081,098	20,479,134
Commercial and Multi-Family Real Estate [Member] | Performing Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	52,249,417	19,307,124
Commercial and Multi-Family Real Estate [Member] | Nonperforming Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	831,681	1,172,010
Residential 1-4 Family Real Estate [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	77,873,014	80,257,013
Residential 1-4 Family Real Estate [Member] | Performing Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	77,484,430	78,045,118
Residential 1-4 Family Real Estate [Member] | Nonperforming Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	388,584	2,211,895
Consumer Portfolio Segment [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	3,857,293	4,798,817
Consumer Portfolio Segment [Member] | Performing Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	3,852,469	4,788,985
Consumer Portfolio Segment [Member] | Nonperforming Loans [Member]
Note 4 - Loans (Details) - Performance of the Loan Portfolio [Line Items]
Nonimpaired loans	$ 4,824	$ 9,832

Loans and Leases (Troubled Debt

Loans and Leases (Troubled Debt Restructurings) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan
Financing Receivable, Modifications [Line Items]
Contracts modified | loan	16
Recorded investment	$ 661,419
Allowance for loan and lease losses allocated
Residential Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Contracts modified | loan	8
Recorded investment	$ 245,016
Allowance for loan and lease losses allocated
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Contracts modified | loan	8	1
Recorded investment	$ 416,403	$ 1,967,706
Allowance for loan and lease losses allocated		$ 606,179

Loans and Leases (Schedule of L

Loans and Leases (Schedule of Loans Acquired in Acquisition) (Details) - Ohio State Bancshares, Inc. [Member]	12 Months Ended
	Dec. 31, 2015USD ($)
Performing Financing Receivable [Member]
Contractual Principal Receivable [Abstract]
Contractual principal receivable, beginning balance	$ 58,436,586
Contractual principal receivable, change due to payments received	$ (16,555,787)
Contractual principal receivable, transfer to foreclosed real estate
Contractual principal receivable, change due to loan charge-off	$ (7,120)
Contractual principal receivable, ending balance	41,873,679
Difference [Abstract]
Accretable yield, beginning balance	(3,143,613)
Accretable yield, change due to payments received	$ 1,332,920
Accretable yield, transfer to foreclosed real estate
Accretable yield, change due to loan charge-off	$ 1,225
Accretable yield, ending balance	(1,809,468)
Carrying Amount [Abstract]
Carrying amount, beginning balance	55,292,973
Carrying amount, change due to payments received	$ (15,222,867)
Carrying amount, transfer to foreclosed real estate
Carrying amount, change due to loan charge-off	$ (5,895)
Carrying amount, ending balance	40,064,211
Nonperforming Financing Receivable [Member]
Contractual Principal Receivable [Abstract]
Contractual principal receivable, beginning balance	2,688,709
Contractual principal receivable, change due to payments received	(367,624)
Contractual principal receivable, transfer to foreclosed real estate	(213,675)
Contractual principal receivable, change due to loan charge-off	(147,983)
Contractual principal receivable, ending balance	1,959,427
Difference [Abstract]
Non-accretable difference, beginning balance	(1,788,138)
Accretable yield, change due to payments received	241,261
Accretable yield, transfer to foreclosed real estate	207,043
Accretable yield, change due to loan charge-off	145,650
Non-accretable difference, ending balance	(1,194,184)
Carrying Amount [Abstract]
Carrying amount, beginning balance	900,571
Carrying amount, change due to payments received	(126,363)
Carrying amount, transfer to foreclosed real estate	(6,632)
Carrying amount, change due to loan charge-off	(2,333)
Carrying amount, ending balance	$ 765,243

Loans and Leases (Related Party

Loans and Leases (Related Party Loans) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Loans [Abstract]
Beginning of year	$ 34,391	$ 45,480	$ 989,194
Additions	160,000	4,045
Repayments	(131,106)	(15,134)	(943,714)
End of year	$ 63,285	$ 34,391	$ 45,480

Premises and Equipment (Narrati

Premises and Equipment (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Premises and Equipment [Abstract]
Depreciation	$ 599,471	$ 450,729	$ 447,326

Premises and Equipment (Summary

Premises and Equipment (Summary of Premises and Equipment) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Land and improvements	$ 3,401,312	$ 3,401,312
Buildings	11,652,345	11,587,176
Equipment	4,244,864	4,295,575
Premises and equipment, gross	19,298,521	19,284,063
Less accumulated depreciation	7,249,841	6,898,507
Premises and equipment, net	12,048,680	12,385,556
Parent Company [Member]
Premises and equipment, net	$ 266,774	$ 292,396

Servicing (Narrative) (Details)

Servicing (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)factor	Dec. 31, 2014USD ($)factor	Dec. 31, 2013factor
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Unpaid Principal Balance of Loans Serviced for Others (in Dollars)	$ 173,464,000	$ 171,255,000
Servicing Assets and Servicing Liabilities, Fair Value, Valuation Techniques	Based on the PSA Standard Prepayment Model
Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Incremental Increase Based On Loan Count (in Dollars)	$ 1
Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Factor | factor	170	195	164
Inflation Rate [Member]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Earnings Rate	3.00%
Earnings Rate [Member]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Earnings Rate	0.25%	0.25%	0.25%
Minimum [Member]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Earnings Rate	9.00%
Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Servicing Costs (in Dollars)	$ 50
Maximum [Member]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Earnings Rate	11.00%
Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Servicing Costs (in Dollars)	$ 65

Servicing (Mortgage Servicing R

Servicing (Mortgage Servicing Rights Activity) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Mortgage Servicing Rights Activity [Abstract]
Balance	$ 1,217,931	$ 1,398,396	$ 930,760
Capitalized servicing rights - new loan sales	252,288	134,324	312,751
Disposal (amortization based on loan payment and payoffs)	(551,846)	(167,739)	(160,873)
Change in fair value	263,114	(147,050)	315,758
Balance	$ 1,181,487	$ 1,217,931	$ 1,398,396

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure Text Block [Abstract]
Time Deposits, $250,000 or More	$ 3,392,941	$ 3,046,208
Interest Expense, Time Deposits, $250,000 or More	22,912	37,123
Time Deposits	148,485,689
Time Deposit Maturities, Next Twelve Months	73,559,404
Time Deposit Maturities, Year Two	49,891,270
Time Deposit Maturities, Year Three	7,724,583
Time Deposit Maturities, Year Four	5,184,146
Time Deposit Maturities, Year Five	11,702,146
Time Deposit Maturities, after Year Five	424,140
Related party deposits	3,704,947	4,616,970
Deposits reclassified as loans	$ 63,654	$ 126,804

Other Borrowings (Narrative) (D

Other Borrowings (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Federal Home Loan Bank Advances [Member]
Short-term Debt [Line Items]
Loans Pledged as Collateral	$ 71,817,093
Debt Instrument, Interest Rate, Stated Percentage	0.45%
Line of Credit Facility, Remaining Borrowing Capacity	$ 76,510,327
FHLB Advance Due 2016-03-25 [Member]
Short-term Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.45%
Mortgage Loans on Real Estate, Final Maturity Date	Mar. 25, 2016
FHLB Advance Due 2016-03-28 [Member]
Short-term Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.45%
Mortgage Loans on Real Estate, Final Maturity Date	Mar. 28, 2016

Other Borrowings (Composition o

Other Borrowings (Composition of Other Borrowings) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Total other borrowings	$ 2,118,000
Federal Home Loan Bank Advances [Member]
Short-term Debt [Line Items]
Interest rate	0.45%
FHLB Advance Due 2016-03-25 [Member]
Short-term Debt [Line Items]
Federal Home Loan Bank borrowings	$ 645,000
Interest rate	0.45%
Mortgage Loans on Real Estate, Final Maturity Date	Mar. 25, 2016
FHLB Advance Due 2016-03-28 [Member]
Short-term Debt [Line Items]
Federal Home Loan Bank borrowings	$ 1,473,000
Interest rate	0.45%
Mortgage Loans on Real Estate, Final Maturity Date	Mar. 28, 2016

Junior Subordinated Deferrabl75

Junior Subordinated Deferrable Interest Debentures (Narrative) (Details) - USD ($)	Mar. 27, 2008	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Mar. 26, 2008
Investments in and Advances to Affiliates, Balance, Principal Amount		$ 300,000
Guarantor Obligations, Maximum Exposure, Undiscounted		10,000,000
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust		$ 12,772,401	$ 12,738,549
Subordinated Borrowing, Interest Rate					6.40%
Effective Cost of the Debentures		3.57%	3.40%	3.40%
Interest Expense, Debt		$ 446,000	$ 355,000	$ 353,000
Maximum Amount of Core Capital		25.00%
Liability Assumed		$ 1,190,856
Trust Preferred Securities [Member]
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust		$ 10,300,000
Maturity Date		Mar. 26, 2033
Liability Assumed		$ 3,093,000
Guaranteed Trust Preferred Securities [Member]
Liability Assumed		$ 3,000,000
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	3.15%
Ohio State Bancshares, Inc. [Member]
Interest rate		3.27%
Effective Cost of the Debentures		6.61%
Ohio State Bancshares, Inc. [Member] | Trust Preferred Securities [Member]
Maturity Date		Apr. 23, 203
Other Debt, Carrying Value		$ 2,472,401	$ 2,438,549
Ohio State Bancshares, Inc. [Member] | Trust Preferred Securities Secured by an Investment [Member]
Liability Assumed		$ 93,000
Ohio State Bancshares, Inc. [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		2.85%

Other Operating Expenses (Detai

Other Operating Expenses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Operating Expenses [Abstract]
Data processing	$ 1,052,995	$ 699,942	$ 434,175
Professional fees	906,921	1,053,907	692,375
Franchise tax	453,278	436,530	436,955
Advertising	483,885	404,558	462,758
ATM processing and other fees	437,676	448,250	446,017
Amortization of core deposit intangible asset	137,327	56,935	40,857
Postage	42,772	100,241	165,439
Stationery and supplies	99,440	172,303	177,947
FDIC assessment	358,132	330,479	379,587
Loan closing fees	190,544	233,068	174,564
Other real estate owned	354,337	273,243	250,632
Deposit losses & recoveries	35,448	(19,928)	28,720
Prepayment penalty on borrowings		528,750	984,566
Other	1,715,281	1,657,150	1,557,286
Total other operating expenses	$ 6,268,036	$ 6,375,428	$ 6,231,878

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Effective income tax rate reconciliation, at federal statutory income tax rate, percent	34.00%	34.00%	34.00%
Deferred income tax expense	$ 859,100	$ 298,500	$ 1,032,000
Alternative minimum tax credits	$ 792,700	657,300
Federal loss carryforwars limitation on use	Use of these losses is limited to $126,000 per year
Federal loss carryforwards limit to amount each year	$ 126,000
Deferred tax asset	2,500,000
Unrecognized Tax Benefits	20,400	43,300	$ 72,100
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	1,700	$ 3,500
Tax Adjustments, Settlements, and Unusual Provisions	331,000
Ohio State Bancshares, Inc. [Member]
Federal loss carryforward acquired	15,000,000
Deferred tax asset	$ 2,200,000
Ohio State Bancshares, Inc. [Member] | Minimum [Member]
Carryforward expiration date	Jan. 1, 2026
Ohio State Bancshares, Inc. [Member] | Maximum [Member]
Carryforward expiration date	Dec. 31, 2033

Income Taxes (Provision for Inc

Income Taxes (Provision for Income Taxes) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
The Provision for Income Taxes [Abstract]
Current	$ 545,900	$ 784,500	$ 208,000
Deferred income taxes	859,100	298,500	1,032,000
Total provision for income taxes	$ 1,405,000	$ 1,083,000	$ 1,240,000

Income Taxes (Income Tax Reconc

Income Taxes (Income Tax Reconciliation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Reconciliation [Abstract]
Expected tax using statutory tax rate of 34%	$ 2,489,400	$ 1,834,100	$ 1,999,600
Increase (decrease) in tax resulting from:
Tax-exempt income on state and municipal securities and political subdivision loans	(577,200)	(574,200)	(630,600)
Tax-exempt income on life insurance contracts	(145,200)	(134,900)	(140,100)
Deductible dividends paid to United Bancshares, Inc. ESOP	(39,300)	(39,600)	(23,700)
Uncertain tax position reserves	(24,700)	(29,800)	7,600
Merger and acquisition costs		52,800
Accounting method change relating to bad debt reserve recapture	(331,500)
Other, net	33,500	(25,400)	27,200
Total provision for income taxes	$ 1,405,000	$ 1,083,000	$ 1,240,000
Statutory tax rate	34.00%	34.00%	34.00%

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets and Liabilities) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 1,318,900	$ 1,318,700
Deferred compensation	534,300	560,600
Alternative minimum tax credits	792,700	657,300
Nonaccrual loan interest	320,600	408,600
Deferred loan fees	143,500	154,400
Other real estate owned	318,600	367,500
Accrued vacation expense	130,600	126,500
Accrued profit sharing	160,300	117,300
Loans fair value adjustments	919,400	1,534,800
Other	53,400	209,800
Net operating loss carryfoward	750,700	852,200
Total deferred tax assets	5,443,000	6,307,700
Deferred tax liabilities:
Unrealized gain on securities available-for-sale	719,700	727,500
Federal Home Loan Bank stock dividends	849,200	769,600
Capitalized mortgage servicing rights	401,700	414,100
Prepaid expenses	87,600	55,800
Acquisition intangibles	2,470,600	2,230,300
Bad debt reserve recapture		298,400
Trust preferred fair value adjustment	211,000	222,500
Other	20,500	55,500
Total deferred tax liabilities	4,760,300	4,773,700
Net deferred tax assets (liabilities)	$ 682,700	$ 1,534,000

Income Taxes (Unrecognized Tax

Income Taxes (Unrecognized Tax Benefits) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Unrecognized Tax Benefits [Abstract]
Balance at January 1	$ 43,300	$ 72,100
Additions based on tax positions related to the current year		3,200
Reductions due to the statute of limitation	(22,900)	(32,000)
Balance at December 31	$ 20,400	$ 43,300

Employee and Director Benefits

Employee and Director Benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 12 - Employee and Director Benefits (Details) [Line Items]
Defined Contribution Plan, Cost Recognized	$ 617,405	$ 542,160	$ 530,989
Shares Held in Employee Stock Option Plan, Allocated (in Shares)	323,323
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent	$ 1,571,377	1,648,770
Cash Surrender Value of Life Insurance	$ 16,833,950	$ 16,406,846
Stock Issued During Period, Shares, Employee Stock Purchase Plans (in Shares)	715	684	746
Split-Dollar Life Insurance Policies [Member]
Note 12 - Employee and Director Benefits (Details) [Line Items]
Cash Surrender Value of Life Insurance	$ 16,138,484	$ 15,738,797

Financial Instruments with Of83

Financial Instruments with Off-Balance Sheet Risk (Financial Instruments With Credit Risk) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Other Commitments [Line Items]
Commitments to extend credit	$ 84,069,000	$ 91,861,000
Letters of credit	325,000	$ 1,060,000
Commitments to Extend Credit [Member]
Other Commitments [Line Items]
Other Commitment, Due in Next Twelve Months	295,000
Other Commitment, Due in Second Year	$ 30,000

Regulatory Matters (Narrative)

Regulatory Matters (Narrative) (Details)	Dec. 31, 2015
Required by Board of Directors Resolution [Member]
Note 14 - Regulatory Matters (Details) [Line Items]
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%

Regulatory Matters (Compliance

Regulatory Matters (Compliance with Minimum Capital Requirements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Consolidated Entities [Member]
Tangible Capital [Abstract]
Common Equity Tier 1 Capital	$ 72,202
Common Equity Tier 1 Capital (to Risk-Weighted Assets)	16.30%
Common Equity Tier 1 Capital, minimum capital requirement	$ 19,951
Common Equity Tier 1 Capital, minimum capital requirement (to Risk-Weighted Assets)	4.50%
Total Capital (to Risk- Weighted Assets)
Total capital	$ 75,517	$ 71,742
Total capital (to Risk-Weighted Assets)	17.00%	15.80%
Total capital - minimum capital requirement	$ 35,469	$ 36,307
Total capital - minimum required to be well capitalized under prompt corrective action provisions	8.00%	8.00%
Tier I Capital (to Risk- Weighted Assets)
Tier I capital	$ 72,202	$ 67,863
Tear 1 capital (to risk-weighted assets)	16.30%	15.00%
Tier 1 capital - minimum capital requirement	$ 26,602	$ 18,154
Tier 1 capital - minimum required to be well capitalized under prompt corrective action provisions	6.00%	4.00%
Tier I Capital (to Average Assets)
Tier I Capital	$ 72,202	$ 67,863
Tier I Capital (to Average Assets)	11.70%	11.00%
Tier I Capital - minimum capital requirement	$ 24,704	$ 24,624
Tier I Capital - minimum required to be well capitalized under prompt corrective action provisions	4.00%	4.00%
Bank [Member]
Tangible Capital [Abstract]
Common Equity Tier 1 Capital	$ 70,428
Common Equity Tier 1 Capital (to Risk-Weighted Assets)	15.90%
Common Equity Tier 1 Capital, minimum capital requirement	$ 19,905
Common Equity Tier 1 Capital, minimum capital requirement (to Risk-Weighted Assets)	4.50%
Common Equity Tier 1 Capital, minimum required to be well capitalized under prompt corrective action provisions	$ 28,751
Common Equity Tier 1 Capital, minimum required to be well capitalized under prompt corrective action provisions (to Risk-Weighted Assets)	6.50%
Total Capital (to Risk- Weighted Assets)
Total capital	$ 74,307	$ 70,319
Total capital (to Risk-Weighted Assets)	16.80%	15.50%
Total capital - minimum capital requirement	$ 35,386	$ 36,191
Total capital - minimum required to be well capitalized under prompt corrective action provisions	8.00%	8.00%
Total capital (to Risk-Weighted Assets) - minimum required to be well capitalized under prompt corrective action provisions	$ 44,233	$ 45,239
Total capital (to Risk-Weighted Assets) - minimum required to be well capitalized under prompt corrective action provisions Ratio	10.00%	10.00%
Tier I Capital (to Risk- Weighted Assets)
Tier I capital	$ 70,428	$ 66,440
Tear 1 capital (to risk-weighted assets)	15.90%	14.70%
Tier 1 capital - minimum capital requirement	$ 26,540	$ 18,096
Tier 1 capital - minimum required to be well capitalized under prompt corrective action provisions	6.00%	4.00%
Tier 1 capital (to risk-weighted assets) minimum required to be well capitalized under prompt corrective action provisions	$ 35,386	$ 27,143
Total capital (to Risk-Weighted Assets) - minimum required to be well capitalized under prompt corrective action provisions Ratio	8.00%	6.00%
Tier I Capital (to Average Assets)
Tier I Capital	$ 70,428	$ 66,440
Tier I Capital (to Average Assets)	11.80%	10.70%
Tier I Capital - minimum capital requirement	$ 23,978	$ 24,735
Tier I Capital - minimum required to be well capitalized under prompt corrective action provisions	4.00%	4.00%
Tier I Capital (to Average Assets) - minimum required to be well capitalized under prompt corrective action provisions	$ 29,972	$ 30,919
Total capital (to Risk-Weighted Assets) - minimum required to be well capitalized under prompt corrective action provisions Ratio	5.00%	5.00%

Condensed Parent Company Fina86

Condensed Parent Company Financial Information (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Parent Company Financial Information [Abstract]
Treasury Stock, Shares, Acquired	59,111	75,000	5,000

Condensed Parent Company Fina87

Condensed Parent Company Financial Information (Condensed Balance Sheets) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets:
Cash	$ 22,922,365	$ 32,354,580
Cash	22,922,365	32,354,580	$ 22,407,458	$ 49,911,807
Premises and equipment, net of accumulated depreciation	12,048,680	12,385,556
Other assets, including income taxes receivable from bank subsidiary of $804,962 and $632,480 in 2015 and 2014, respectfully.	5,198,421	6,296,050
Total Assets	608,665,109	650,199,661
Liabilities:
Total liabilities	537,103,932	582,427,384
Shareholders' equity:
Common stock	3,760,557	3,760,557
Surplus	14,669,087	14,665,845
Retained earnings	58,641,837	53,925,768
Accumulated other comprehensive income (loss)	1,397,130	1,412,115
Treasury stock, at cost	(6,907,434)	(5,992,008)
Total shareholders' equity	71,561,177	67,772,277	63,007,865	64,170,205
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	608,665,109	650,199,661
Parent Company [Member]
Assets:
Cash	334,272	118,632
Cash	334,272	118,632	$ 1,070,196	$ 1,804,808
Investment in bank subsidiary	82,564,196	79,085,666
Premises and equipment, net of accumulated depreciation	266,774	292,396
Other assets, including income taxes receivable from bank subsidiary of $804,962 and $632,480 in 2015 and 2014, respectfully.	1,238,591	1,185,649
Total Assets	84,403,833	80,682,343
Liabilities:
Accrued expenses	70,255	54,968
Federal income taxes payable		116,548
Junior subordinated deferrable interest debentures	12,772,401	12,738,550
Total liabilities	12,842,656	12,910,066
Shareholders' equity:
Common stock	3,760,557	3,760,557
Surplus	14,669,087	14,665,845
Retained earnings	58,641,837	53,925,768
Accumulated other comprehensive income (loss)	1,397,130	1,412,115
Treasury stock, at cost	(6,907,434)	(5,992,008)
Total shareholders' equity	71,561,177	67,772,277
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 84,403,833	$ 80,682,343

Condensed Parent Company Fina88

Condensed Parent Company Financial Information (Condensed Balance Sheets Other) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Income taxes receivable from bank subsidiary	$ 804,962	$ 632,480

Condensed Parent Company Fina89

Condensed Parent Company Financial Information (Condensed Statements Income) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Income Statements, Captions [Line Items]
Income before equity in undistributed net income of bank subsidiary									$ 7,321,885	$ 5,394,498	$ 5,881,204
NET INCOME	$ 1,389,000	$ 1,503,000	$ 1,903,000	$ 1,122,000	$ 1,047,000	$ 1,038,000	$ 1,325,000	$ 901,000	5,916,885	4,311,498	4,641,204
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Income - including dividends from bank subsidiary									3,000,104	3,200,105	975,356
Expenses - interest expense, professional fees and other expenses, net of federal income tax benefit									(576,734)	(587,451)	(523,271)
Income before equity in undistributed net income of bank subsidiary									2,423,370	2,612,654	452,085
Equity in undistributed net income of bank subsidiaries									3,493,515	1,698,844	4,189,119
NET INCOME									$ 5,916,885	$ 4,311,498	$ 4,641,204

Condensed Parent Company Fina90

Condensed Parent Company Financial Information (Condensed Statements of Cash Flows) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 1,389,000	$ 1,503,000	$ 1,903,000	$ 1,122,000	$ 1,047,000	$ 1,038,000	$ 1,325,000	$ 901,000	$ 5,916,885	$ 4,311,498	$ 4,641,204
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization									625,380	701,025	649,056
Discount accretion on junior subordinated defferable interest debentures									(1,495,486)
(Increase) decrease in other assets									1,613,031	1,224,349	(446,316)
Net cash provided by operating activities									6,886,849	4,834,441	5,097,319
Net cash (used in) investing activities, investing activities operating activities									30,743,890	2,007,798	(18,143,829)
Cash flows from financing activities:
Purchase of treasury stock									(926,328)	(1,136,430)	(72,200)
Proceeds from sale of treasury shares									14,143	12,443	13,604
Cash dividends paid									(1,200,815)	(1,193,419)	(689,380)
Net cash provided by (used in) financing activities									(47,062,954)	3,104,883	(14,457,839)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS									(9,432,215)	9,947,122	(27,504,349)
At beginning of year				32,354,580				22,407,458	32,354,580	22,407,458	49,911,807
At end of year	22,922,365				32,354,580				22,922,365	32,354,580	22,407,458
Parent Company [Member]
Cash flows from operating activities:
Net income									5,916,885	4,311,498	4,641,204
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed net income of bank subsidiary									(3,493,515)	(1,698,844)	(4,189,119)
Depreciation and amortization									25,622	25,622	25,622
Discount accretion on junior subordinated defferable interest debentures									33,851
(Increase) decrease in other assets									(52,942)	(4,412)	(665,429)
Increase (decrease) in other liabilities, including accrued expenses									(101,261)	(70,785)	201,086
Net cash provided by operating activities									2,328,640	2,563,079	13,364
Payment for acquisition										(1,197,237)
Net cash (used in) investing activities, investing activities operating activities										(1,197,237)
Cash flows from financing activities:
Purchase of treasury stock									(926,328)	(1,136,430)	(72,200)
Proceeds from sale of treasury shares									14,143	12,443	13,604
Cash dividends paid									(1,200,815)	(1,193,419)	(689,380)
Net cash provided by (used in) financing activities									(2,113,000)	(2,317,406)	(747,976)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS									215,640	(951,564)	(734,612)
At beginning of year				$ 118,632				$ 1,070,196	118,632	1,070,196	1,804,808
At end of year	$ 334,272				$ 118,632				$ 334,272	$ 118,632	$ 1,070,196

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Financial Liabilities Measured at Fair Value	$ 0	$ 0
Minimum [Member] | Mortgage Servicing Rights [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	9.00%
Minimum [Member] | Additional Appraisal Adjustments [Member] | Impaired Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	15.00%
Minimum [Member] | Additional Appraisal Adjustments [Member] | Other Real Estate Owned [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	10.00%
Minimum [Member] | Estimated Selling Costs [Member] | Impaired Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	10.00%
Minimum [Member] | Estimated Selling Costs [Member] | Other Real Estate Owned [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	10.00%
Maximum [Member] | Mortgage Servicing Rights [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	11.00%
Maximum [Member] | Additional Appraisal Adjustments [Member] | Impaired Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	35.00%
Maximum [Member] | Additional Appraisal Adjustments [Member] | Other Real Estate Owned [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	70.00%
Maximum [Member] | Estimated Selling Costs [Member] | Impaired Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	20.00%
Maximum [Member] | Estimated Selling Costs [Member] | Other Real Estate Owned [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	20.00%

Fair Value Measurements (Financ

Fair Value Measurements (Financial Assets Measured at Fair Value on a Recurring Basis) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Securities available-for-sale:
Fair value, securities	$ 182,929,038	$ 206,461,063
Mortgage servicing rights	1,181,487	1,217,931	$ 1,398,396	$ 930,760
Total recurring	184,110,525	207,678,994
Nonrecurring:
Assets measured on a nonrecurring basis	4,814,516	3,410,498
Fair Value, Inputs, Level 1 [Member]
Securities available-for-sale:
Total recurring	999,455	1,005,055
Fair Value, Inputs, Level 2 [Member]
Securities available-for-sale:
Total recurring	179,540,719	202,920,191
Fair Value, Inputs, Level 3 [Member]
Securities available-for-sale:
Mortgage servicing rights	1,181,487	1,217,931
Total recurring	3,570,351	3,753,748
Nonrecurring:
Assets measured on a nonrecurring basis	4,814,516	3,410,498
Impaired Loans [Member]
Nonrecurring:
Assets measured on a nonrecurring basis	4,641,469	2,874,499
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Nonrecurring:
Assets measured on a nonrecurring basis	4,641,469	2,874,499
Other Real Estate Owned [Member]
Nonrecurring:
Assets measured on a nonrecurring basis	173,047	535,999
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Nonrecurring:
Assets measured on a nonrecurring basis	173,047	535,999
U.S. Government Agencies Debt Securities [Member]
Securities available-for-sale:
Fair value, securities	3,966,390	9,537,052
U.S. Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available-for-sale:
Fair value, securities	3,966,390	9,537,052
U.S. States and Political Subdivisions Debt Securities [Member]
Securities available-for-sale:
Fair value, securities	73,481,892	58,098,524
U.S. States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available-for-sale:
Fair value, securities	71,093,028	55,562,707
U.S. States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available-for-sale:
Fair value, securities	2,388,864	2,535,817
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available-for-sale:
Fair value, securities	104,479,413	137,818,544
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available-for-sale:
Fair value, securities	104,479,413	137,818,544
Other Available-for-Sale Securities [Member]
Securities available-for-sale:
Fair value, securities	1,001,343	1,006,943
Other Available-for-Sale Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available-for-sale:
Fair value, securities	999,455	1,005,055
Other Available-for-Sale Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available-for-sale:
Fair value, securities	$ 1,888	$ 1,888

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation and Income Statement Classification of Gains and Losses) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$ 1,217,931	$ 1,398,396	$ 930,760
Gains or losses, including realized and unrealized:
Purchases, issuances, and settlements	252,288	134,324	312,751
Disposal (amortization based on loan payment and payoffs)	(551,846)	(167,739)	(160,873)
Change in fair value	263,114	(147,050)	315,758
Balance	1,181,487	1,217,931	1,398,396
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	1,217,931
Gains or losses, including realized and unrealized:
Balance	1,181,487	1,217,931
Fair Value, Inputs, Level 3 [Member] | Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	2,535,817	2,673,424
Gains or losses, including realized and unrealized:
Principay payments received	(145,158)	(139,400)
Change in fair value	(1,795)	1,793
Balance	$ 2,388,864	$ 2,535,817	$ 2,673,424

Fair Value of Financial Instr94

Fair Value of Financial Instruments (Narrative) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other commitment	$ 84,069,000	$ 91,861,000
Commitments to Extend Credit [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other commitment	$ 84,394,000	$ 92,921,000

Fair Value of Financial Instr95

Fair Value of Financial Instruments (Carrying Amounts and Estimated Fair Values of Recognized Financial Instruments) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
FINANCIAL ASSETS
Cash and cash equivalents, Carrying amount	$ 22,922,365	$ 32,354,580	$ 22,407,458	$ 49,911,807
Loans held for sale, Carrying amount	346,900	229,425
Net loans, Carrying amount	350,415,549	357,097,656
Mortgage servicing rights	1,181,487	1,217,931	$ 1,398,396	$ 930,760
Total Assets	608,665,109	650,199,661
FINANCIAL LIABILITIES
Deposits carrying amount, Carrying amount	518,419,342	$ 565,444,959
Other borrowings, Carrying amount	2,118,000
Junior subordinated deferrable interest debentures, Carrying amount	12,772,401	$ 12,738,549
Total liabilities	537,103,932	582,427,384
Fair Value, Inputs, Level 3 [Member]
FINANCIAL ASSETS
Mortgage servicing rights	1,181,487	1,217,931
Financial Assets [Member]
FINANCIAL ASSETS
Cash and cash equivalents, Carrying amount	22,922	32,355
Securities, including Federal Home Loan Bank stock, Carrying amount	187,759	211,291
Certificates of deposit, Carrying amount	1,992	2,490
Loans held for sale, Carrying amount	347	229
Net loans, Carrying amount	350,416	357,098
Mortgage servicing rights, Carrying amount	1,181	1,218
Total Assets	564,617	604,681
Total Assets	564,575	604,649
Financial Assets [Member] | Fair Value, Inputs, Level 1 [Member]
FINANCIAL ASSETS
Cash and cash equivalents	22,922	32,355
Financial Assets [Member] | Fair Value, Inputs, Level 2 [Member]
FINANCIAL ASSETS
Securities, including Federal Home Loan Bank stock	187,759	211,291
Certificates of deposit	1,992	2,490
Financial Assets [Member] | Fair Value, Inputs, Level 3 [Member]
FINANCIAL ASSETS
Loans held for sale	347	229
Net loans	350,374	357,066
Mortgage servicing rights	1,181	1,218
Maturity Deposits [Member]
FINANCIAL LIABILITIES
Deposits carrying amount, Carrying amount	148,486	174,929
Maturity Deposits [Member] | Fair Value, Inputs, Level 3 [Member]
FINANCIAL LIABILITIES
Deposits estimated value	147,164	174,263
Non-Maturity Deposits [Member]
FINANCIAL LIABILITIES
Deposits carrying amount, Carrying amount	369,934	390,516
Non-Maturity Deposits [Member] | Fair Value, Inputs, Level 1 [Member]
FINANCIAL LIABILITIES
Deposits estimated value	369,934	390,516
Financial Liabilities [Member]
FINANCIAL LIABILITIES
Other borrowings, Carrying amount	2,118
Junior subordinated deferrable interest debentures, Carrying amount	12,772	12,739
Total liabilities	533,310	578,184
Total liabilities	527,481	577,406
Financial Liabilities [Member] | Fair Value, Inputs, Level 3 [Member]
FINANCIAL LIABILITIES
Other borrowings	2,118
Junior subordinated deferrable interest debentures	$ 8,265	$ 12,627

Leasing Arrangements (Narrative

Leasing Arrangements (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015agreement
Leasing Arrangements [Abstract]
Lease term	20 years
Lease expiration date	Jun. 1, 2016
Number of successive periods with option to renew lease	2
Lease renewal term	5 years

Leasing Arrangements (Schedule

Leasing Arrangements (Schedule of Future Minimum Rental Payments) (Details)	Dec. 31, 2015USD ($)
Leasing Arrangements [Abstract]
2,016	$ 22,500

Quarterly Financial Data (Una98

Quarterly Financial Data (Unaudited) (Selected Quarterly Financial Data) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Data [Abstract]
Interest income	$ 5,701,000	$ 5,755,000	$ 5,670,000	$ 5,710,000	$ 5,148,000	$ 4,799,000	$ 4,814,000	$ 4,859,000
Net interest income	4,919,000	5,259,000	5,143,000	5,056,000	5,037,000	4,144,000	4,013,000	4,188,000	$ 20,758,791	$ 16,952,078	$ 16,604,555
Net income	$ 1,389,000	$ 1,503,000	$ 1,903,000	$ 1,122,000	$ 1,047,000	$ 1,038,000	$ 1,325,000	$ 901,000	$ 5,916,885	$ 4,311,498	$ 4,641,204
Income (loss) per common share basic (in Dollars per share)	$ 0.419	$ 0.451	$ 0.569	$ 0.333	$ 0.311	$ 0.306	$ 0.387	$ 0.262
Income (loss) per common share diluted (in Dollars per share)	$ 0.419	$ 0.451	$ 0.569	$ 0.333	$ 0.311	$ 0.306	$ 0.387	$ 0.262