American River Bancshares (AMRB) 10-Q5 May 162016 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2016	May. 05, 2016
Document and Entity Information:
Entity Registrant Name	AMERICAN RIVER BANKSHARES
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Entity Central Index Key	1,108,236
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		6,800,300
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEET (Una

CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 29,257	$ 23,727
Interest-bearing deposits in banks	999	750
Investment securities:
Available-for-sale, at fair value	260,818	273,819
Held-to-maturity, at amortized cost	573	623
Loans and leases, less allowance for loan and lease losses of $5,082 at March 31, 2016 and $4,975 at December 31, 2015	292,226	289,102
Premises and equipment, net	1,448	1,407
Federal Home Loan Bank stock	3,779	3,779
Goodwill and other intangible assets	16,321	16,321
Other real estate owned	896	3,551
Bank owned life insurance	14,561	14,483
Accrued interest receivable and other assets	5,262	7,078
Total Assets	626,140	634,640
Deposits:
Noninterest bearing	188,585	190,548
Interest-bearing	335,234	340,142
Total deposits	523,819	530,690
Short-term borrowings	3,500	3,500
Long-term borrowings	7,500	7,500
Accrued interest payable and other liabilities	6,019	6,875
Total liabilities	$ 540,838	$ 548,565
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value; 20,000,000 shares authorized; none Outstanding	$ 0	$ 0
Common stock, no par value; 20,000,000 shares authorized; issued and outstanding - 6,994,300 shares at March 31, 2016 and 7,343,649 shares at December 31, 2015	45,838	49,554
Retained earnings	35,790	34,418
Accumulated other comprehensive income, net of taxes	3,674	2,103
Total shareholders' equity	85,302	86,075
Total liabilities and shareholders' euity	$ 626,140	$ 634,640

CONSOLIDATED BALANCE SHEET (Un3

CONSOLIDATED BALANCE SHEET (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for loan and lease losses (in dollars)	$ 5,082	$ 4,975
Preferred stock, no par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares outstanding	0	0
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	6,994,300	7,343,649
Common stock, shares outstanding	6,994,300	7,343,649

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest and fees on loans and leases:
Taxable	$ 3,362	$ 3,278
Exempt from Federal income taxes	172	17
Interest on deposits in banks	1	1
Interest and dividends on investment securities:
Taxable	1,557	1,417
Exempt from Federal income taxes	184	189
Dividends	0	0
Total interest income	5,276	4,902
Interest expense:
Interest on deposits	184	214
Interest on borrowings	50	34
Total interest expense	234	248
Net interest income	5,042	4,654
Provision for loan and lease losses	0	0
Net interest income after provision for loan and lease losses	5,042	4,654
Noninterest income:
Service charges on deposit accounts	129	117
Gain on sale of securities	282	167
Rental income from OREO properties	106	71
Other noninterest income	237	230
Total noninterest income	754	585
Noninterest expense:
Salaries and employee benefits	2,160	2,270
Occupancy	298	293
Furniture and equipment	165	177
Federal Deposit Insurance Corporation assessments	80	80
Expenses related to other real estate owned	340	147
Other expense	748	846
Total noninterest expense	3,791	3,813
Income before provision for income taxes	2,005	1,426
Provision for income taxes	633	470
Net income	$ 1,372	$ 956
Basic earnings per share	$ 0.19	$ 0.12
Diluted earnings per share	0.19	0.12
Cash dividends per share	$ 0	$ 0

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 1,372	$ 956
Other comprehensive income:
Increase in net unrealized gains on investment securities	2,902	2,101
Deferred tax expense	(1,162)	(841)
Increase in net unrealized gains on investment securities, net of tax	1,740	1,260
Reclassification adjustment for realized gains included in net income	(282)	(167)
Tax effect	113	67
Realized gains, net of tax	(169)	(100)
Total other comprehensive income	1,571	1,160
Comprehensive income	$ 2,943	$ 2,116

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income	Total
Begining Balance, Amount at Dec. 31, 2014	$ 57,126	$ 29,150	$ 3,371	$ 89,647
Begining Balance, Shares at Dec. 31, 2014	8,089,615
Net income		956		956
Other comprehensive income, net of tax:
Net change in unrealized gains on available-for-sale investment securities			1,160	1,160
Net restricted stock award activity and related compensation expense, Amount	$ 49			49
Net restricted stock award activity and related compensation expense, Shares	20,532
Stock option compensation expense, Amount	$ 6			6
Retirement of common stock, Amount	$ (3,945)			(3,945)
Retirement of common stock, Shares	(404,481)
Ending Balance, Amount at Mar. 31, 2015	$ 53,236	30,106	4,531	87,873
Ending Balance, Shares at Mar. 31, 2015	7,705,666
Begining Balance, Amount at Dec. 31, 2015	$ 49,554	34,418	2,103	86,075
Begining Balance, Shares at Dec. 31, 2015	7,343,649
Net income		1,372		1,372
Other comprehensive income, net of tax:
Net change in unrealized gains on available-for-sale investment securities			1,571	1,571
Net restricted stock award activity and related compensation expense, Amount	$ 72			72
Net restricted stock award activity and related compensation expense, Shares	17,833
Stock option compensation expense, Amount	$ 10			10
Retirement of common stock, Amount	$ (3,798)			(3,798)
Retirement of common stock, Shares	(367,182)
Ending Balance, Amount at Mar. 31, 2016	$ 45,838	$ 35,790	$ 3,674	$ 85,302
Ending Balance, Shares at Mar. 31, 2016	6,994,300

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net income	$ 1,372	$ 956
Adjustments to reconcile net income to net cash provided by operating activities:
Increase (decrease) in deferred loan origination fees, net	29	(5)
Depreciation and amortization	110	103
Gain on sale and call of investment securities	(282)	(167)
Amortization of investment security premiums and discounts, net	702	1,002
Increase in cash surrender values of life insurance policies	(78)	(78)
Stock based compensation expense	82	55
Gain/loss on sale/write-down of other real estate owned	259	76
Decrease in accrued interest receivable and other assets	769	261
Decrease in accrued interest payable and other liabilities	(856)	(591)
Net cash provided by operating activities	2,107	1,612
Cash flows from investing activities:
Proceeds from the sale of available-for-sale investment securities	8,287	9,910
Purchases of available-for-sale investment securities	(3,130)	(12,298)
Proceeds from principal repayments for available-for-sale investment securities	10,042	11,128
Proceeds from principal repayments for held-to-maturity investment securities	50	60
Net increase in interest-bearing deposits in banks	(249)	0
Net increase in loans	(1,467)	(3,050)
Proceeds from sale of other real estate	710	851
Purchases of equipment	(151)	(136)
Net cash provided by investing activities	14,092	6,465
Cash flows from financing activities:
Net decrease in demand, interest-bearing and savings deposits	(5,823)	(9,907)
Net (decrease) increase in time deposits	(1,048)	373
Net decrease in other borrowings	0	0
Cash paid to repurchase common stock	(3,798)	(3,945)
Net cash used in financing activities	(10,669)	(13,479)
Increase (decrease) in cash and cash equivalents	5,530	(5,402)
Cash and cash equivalents at beginning of year	23,727	22,449
Cash and cash equivalents at end of period	$ 29,257	$ 17,047

1. CONSOLIDATED FINANCIAL STATE

1. CONSOLIDATED FINANCIAL STATEMENTS	3 Months Ended
1. CONSOLIDATED FINANCIAL STATEMENTS	Mar. 31, 2016
CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS	In the opinion of management, the unaudited consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the consolidated financial position of American River Bankshares (the Company) at March 31, 2016 and December 31, 2015, the results of its operations and statement of comprehensive income for the three month periods ended March 31, 2016 and 2015, its cash flows for the three-month periods ended March 31, 2016 and 2015 and its statement of changes in shareholders equity for the year ended December 31, 2015 and the three months ended March 31, 2016 in conformity with accounting principles generally accepted in the United States of America. Certain disclosures normally presented in the notes to the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted. The Company believes that the disclosures are adequate to make the information not misleading. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Companys annual report on Form 10-K for the year ended December 31, 2015. The results of operations for the three-month period ended March 31, 2016 may not necessarily be indicative of the operating results for the full year. In preparing such financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan and lease losses, stock-based compensation, the valuation of goodwill, and the provision for income taxes. Management has determined that since all of the banking products and services offered by the Company are available in each branch office of American River Bank, all branch offices are located within the same economic environment and management does not allocate resources based on the performance of different lending or transaction activities, it is appropriate to aggregate all of the branch offices and report them as a single operating segment. No client accounts for more than ten percent (10%) of revenues for the Company or American River Bank.

2. STOCK-BASED COMPENSATION

2. STOCK-BASED COMPENSATION	3 Months Ended
2. STOCK-BASED COMPENSATION	Mar. 31, 2016
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION	Equity Plans On March 17, 2010, the Board of Directors adopted the 2010 Equity Incentive Plan (the 2010 Plan). The 2010 Plan was approved by the Companys shareholders on May 20, 2010. In 2000, the Board of Directors adopted and the Companys shareholders approved a stock option plan (the 2000 Plan), under which 125,815 stock options remain outstanding at March 31, 2016. At March 31, 2016, there were 76,461 stock options and 75,349 restricted shares outstanding and the total number of authorized shares that remain available for issuance under the 2010 Plan was 1,395,985. The 2010 Plan provides for the following types of stock-based awards: incentive stock options; nonqualified stock options; stock appreciation rights; restricted stock; restricted performance stock; unrestricted Company stock; and performance units. Awards under the 2000 Plan were either incentive stock options or nonqualified stock options. Under the 2010 Plan, the awards may be granted to employees and directors under incentive and nonqualified option agreements, restricted stock agreements, and other awards agreements. The 2010 Plan and the 2000 Plan (collectively the Plans) require that the option price may not be less than the fair market value of the stock at the date the option is awarded. The option awards under the Plans expire on dates determined by the Board of Directors, but not later than ten years from the date of award. The vesting period is generally five years; however, the vesting period can be modified at the discretion of the Companys Board of Directors. Outstanding option awards under the Plans are exercisable until their expiration, however, no new options will be awarded under the 2000 Plan. New shares are issued upon exercise of an option. The award date fair value of awards is determined by the market price of the Companys common stock on the date of award and is recognized ratably as compensation expense or director expense over the vesting periods. The shares of common stock awarded pursuant to such agreements vest in increments over one to five years from the date of award. The shares awarded to employees and directors under the restricted stock agreements vest on the applicable vesting dates only to the extent the recipient of the shares is then an employee or a director of the Company or one of its subsidiaries, and each recipient will forfeit all of the shares that have not vested on the date his or her employment or service is terminated. Equity Compensation For the three-month periods ended March 31, 2016 and 2015, the compensation cost recognized for equity compensation was $82,000 and $55,000, respectively. The recognized tax benefit for equity compensation expense was $29,000 and $20,000, for the three-month periods ended March 31, 2016 and 2015, respectively. At March 31, 2016, the total compensation cost related to nonvested stock option awards not yet recorded is $129,000. This amount will be recognized over the next 4.25 years and the weighted average period of recognizing these costs is expected to be 1.8 years. At March 31, 2016, the total compensation cost related to restricted stock awards not yet recorded is $437,000. This amount will be recognized over the next 4.25 years and the weighted average period of recognizing these costs is expected to be 1.7 years. Equity Plans Activity Stock Options There were no stock options awarded during the three-month periods ended March 31, 2016 and 2015. A summary of option activity under the Plans as of March 31, 2016 and changes during the period then ended is presented below: Options Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value ($000) Outstanding at January 1, 2016 248,411 $ 15.19 3.7 years $ 232 Granted Exercised Expired, forfeited or cancelled 46,135 24.02 Outstanding at March 31, 2016 202,276 $ 13.17 4.2 years $ 183 Vested at March 31, 2016 142,741 $ 14.93 2.5 years $ 111 Non-vested at March 31, 2016 59,535 $ 8.96 8.4 years $ 72 Restricted Stock There were 20,532 shares of restricted stock awarded during the three-month period ended March 31, 2015 and 17,833 shares of restricted stock awarded during the three-month period ended March 31, 2016. There were no restricted stock awards that were fully vested during the three-month periods ended March 31, 2016 and 2015, respectively. The intrinsic value of nonvested restricted stock at March 31, 2016 was $766,000. Restricted Stock Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2016 57,516 $ 9.21 Awarded 17,833 10.17 Less: Vested Less: Expired, forfeited or cancelled Nonvested at March 31, 2016 75,349 $ 9.44 Other Equity Awards There were no stock appreciation rights; restricted performance stock; unrestricted Company stock; or performance units awarded during the three-month periods ended March 31, 2016 or 2015 or outstanding at March 31, 2016 or December 31, 2015. The intrinsic value used for stock options and restricted stock was derived from the market price of the Companys common stock of $10.16 as of March 31, 2016.

3. COMMITMENTS AND CONTINGENCIE

3. COMMITMENTS AND CONTINGENCIES	3 Months Ended
3. COMMITMENTS AND CONTINGENCIES	Mar. 31, 2016
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	In the normal course of business there are outstanding various commitments to extend credit which are not reflected in the financial statements, including loan commitments of approximately $27,276,000 and standby letters of credit of approximately $238,000 at March 31, 2016 and loan commitments of approximately $26,730,000 and standby letters of credit of approximately $238,000 at December 31, 2015. Such commitments relate primarily to real estate construction loans, revolving lines of credit and other commercial loans. However, all such commitments will not necessarily culminate in actual extensions of credit by the Company during 2016 as some of these are expected to expire without being fully drawn upon. Standby letters of credit are commitments issued to guarantee the performance or financial obligation of a client to a third party. These guarantees are issued primarily relating to purchases of inventory, insurance programs, performance obligations to government agencies, or as security for real estate rents by commercial clients and are typically short-term in nature. Credit risk is similar to that involved in extending loan commitments to clients and accordingly, evaluation and collateral requirements similar to those for loan commitments are used. The majority of all such commitments are collateralized. The fair value of the liability related to these standby letters of credit, which represents the fees received for issuing the guarantees, was not significant at March 31, 2016 or December 31, 2015.

4. EARNINGS PER SHARE COMPUTATI

4. EARNINGS PER SHARE COMPUTATION	3 Months Ended
4. EARNINGS PER SHARE COMPUTATION	Mar. 31, 2016
EARNINGS PER SHARE COMPUTATION
EARNINGS PER SHARE COMPUTATION	Basic earnings per share is computed by dividing net income by the weighted average common shares outstanding for the period (7,095,785 shares and 7,821,651 shares for the three-month periods ended March 31, 2016 and 2015, respectively). Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options or restricted stock, result in the issuance of common stock. Diluted earnings per share is computed by dividing net income by the weighted average common shares outstanding for the period plus the dilutive effect of stock based awards (34,659 shares for the three-month period ended March 31, 2016 and 23,881 shares for the three-month period ended March 31, 2015). For the three-month periods ended March 31, 2016 and 2015, there were 142,600 and 187,639 stock options, respectively, that were excluded from the calculation as they were considered antidilutive. Earnings per share is retroactively adjusted for stock dividends and stock splits, if applicable, for all periods presented.

5. INVESTMENT SECURITIES

5. INVESTMENT SECURITIES	3 Months Ended
5. INVESTMENT SECURITIES	Mar. 31, 2016
INVESTMENTS SECURITIES (Tables)
INVESTMENT SECURITIES	The amortized cost and estimated fair values of investment securities at March 31, 2016 and December 31, 2015 consisted of the following (dollars in thousands): Available-for-Sale March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: US Government Agencies and Sponsored Agencies $ 233,156 $ 5,058 $ (121 ) $ 238,093 Obligations of states and political subdivisions 19,985 1,127 (1 ) 21,111 Corporate bonds 1,502 45 1,547 Equity securities: Corporate stock 51 16 67 $ 254,694 $ 6,246 $ (122 ) $ 260,818 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: US Government Agencies and Sponsored Agencies $ 244,056 $ 3,059 $ (930 ) $ 246,185 Obligations of states and political subdivisions 24,706 1,307 26,013 Corporate bonds 1,502 49 1,551 Equity securities: Corporate stock 51 19 70 $ 270,315 $ 4,434 $ (930 ) $ 273,819 Net unrealized gains on available-for-sale investment securities totaling $6,124,000 were recorded, net of $2,450,000 in tax liabilities, as accumulated other comprehensive income within shareholders equity at March 31, 2016. Proceeds and gross realized gains from the sale and call of available-for-sale investment securities for the three-month period ended March 31, 2016 totaled $8,287,000 and $282,000, respectively. There were no transfers of available-for-sale investment securities for the three-month period ended March 31, 2016. Net unrealized gains on available-for-sale investment securities totaling $3,504,000 were recorded, net of $1,401,000 in tax liabilities, as accumulated other comprehensive income within shareholders equity at December 31, 2015. Proceeds and gross realized gains from the sale and call of available-for-sale investment securities for the three-month period ended March 31, 2015 totaled $9,910,000 and $167,000, respectively. There were no transfers of available-for-sale investment securities for the three-month period ended March 31, 2015. Held-to-Maturity March 31, 2016 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: US Government Agencies and Sponsored Agencies $ 573 $ 46 $ $ 619 December 31, 2015 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: US Government Agencies and Sponsored Agencies $ 623 $ 46 $ $ 669 There were no sales or transfers of held-to-maturity investment securities for the periods ended March 31, 2016 and March 31, 2015. Investment securities with unrealized losses at March 31, 2016 and December 31, 2015 are summarized and classified according to the duration of the loss period as follows (dollars in thousands): March 31, 2016 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Available-for-Sale Debt securities: US Government Agencies and Sponsored Agencies $ 10,635 $ (72 ) 4,444 (49 ) $ 15,079 $ (121 ) Obligations of states and political subdivisions 389 (1 ) 389 (1 ) $ 11,024 $ (73 ) $ 4,444 $ (49 ) $ 15,468 $ (122 ) December 31, 2015 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Available-for-Sale Debt securities: US Government Agencies and Sponsored Agencies $ 93,265 $ (813 ) $ 5,251 $ (117 ) $ 98,516 $ (930 ) Obligations of states and political subdivisions $ 93,265 $ (813 ) $ 5,251 $ (117 ) $ 98,516 $ (930 ) There were no held-to-maturity investment securities with unrealized losses as of March 31, 2016 or December 31, 2015. At March 31, 2016, the Company held 213 securities of which eight were in a loss position for less than twelve months and two were in a loss position for twelve months or more. Of the eight securities in a loss position of less than twelve months, seven were US Government Agencies and Sponsored Agencies securities and one was an obligation of a state or political subdivision. Of the two securities in a loss position for greater than twelve months at March 31, 2016, both were US Government Agencies and Sponsored Agencies securities. At December 31, 2015, the Company held 223 securities of which 45 were in a loss position for less than twelve months and three were in a loss position for twelve months or more. Of the 45 securities in a loss position for less than twelve months, all were US Government Agencies and Sponsored Agencies securities and of the three securities that were in a loss position for greater than twelve months, all were US Government Agencies and Sponsored Agencies. The unrealized loss on the Companys investment securities is primarily driven by interest rates. Because the decline in market value is attributable to a change in interest rates and not credit quality, and because the Company has the ability and intent to hold these investments until recovery of fair value, which may be until maturity, management does not consider these investments to be other-than-temporarily impaired. The amortized cost and estimated fair values of investment securities at March 31, 2016 by contractual maturity are shown below (dollars in thousands). Available-for-Sale Held-to-Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Within one year $ 493 $ 495 After one year through five years 5,137 5,273 After five years through ten years 10,961 11,802 After ten years 4,896 5,088 21,487 22,658 Investment securities not due at a single maturity date: US Government Agencies and Sponsored Agencies 233,156 238,093 $ 573 $ 619 Corporate stock 51 67 $ 254,694 $ 260,818 $ 573 $ 619 Expected maturities will differ from contractual maturities because the issuers of the securities may have the right to call or prepay obligations with or without call or prepayment penalties.

6. IMPAIRED AND NONPERFORMING L

6. IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2016
IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED
IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED	At March 31, 2016 and December 31, 2015, the recorded investment in nonperforming loans and leases was approximately $1,577,000 and $1,643,000, respectively. Nonperforming loans and leases include all such loans and leases that are either placed on nonaccrual status or are 90 days past due as to principal or interest but still accrue interest because such loans are well-secured and in the process of collection. The Company considers a loan to be impaired when, based on current information and events, it is probable that it will be unable to collect all amounts due (principal and interest) according to the contractual terms of the original loan agreement. At March 31, 2016, the recorded investment in loans and leases that were considered to be impaired totaled $20,951,000, which includes $1,543,000 in nonaccrual loans and leases and $19,408,000 in accruing loans and leases. Of the total impaired loans of $20,951,000, loans totaling $12,541,000 were deemed to require no specific reserve and loans totaling $8,410,000 were deemed to require a related valuation allowance of $789,000. At December 31, 2015, the recorded investment in loans and leases that were considered to be impaired totaled $21,365,000 and had a related valuation allowance of $899,000. At March 31, 2016 and December 31, 2015, the recorded investment in other real estate owned (OREO) was $896,000 and $3,551,000, respectively. During the first quarter of 2016, the Company sold a single commercial property in El Dorado County for a gain of $117,000. Also, during the first quarter the Company obtained an updated appraisal on existing commercial land in Sacramento County, which resulted in a charge to expense of $376,000. The Company did not add any properties to OREO during the first quarter of 2016. The March 31, 2016 OREO balance of $896,000 consists of two properties one of which is commercial real estate in the amount of $243,000 and the other is commercial land in the amount of $653,000. Nonperforming loans and leases and other assets and OREO at March 31, 2016 and December 31, 2015 are summarized as follows (in thousands): March 31, 2016 December 31, 2015 Nonaccrual loans and leases that are current to terms (less than 30 days past due) $ 1,041 $ 379 Nonaccrual loans and leases that are past due 536 1,264 Loans and leases past due 90 days and accruing interest Other assets 878 878 Other real estate owned 896 3,551 Total nonperforming assets $ 3,351 $ 6,072 Nonperforming loans and leases to total loans and leases 0.53 % 0.56 % Total nonperforming assets to total assets 0.54 % 0.96 % Impaired loans and leases as of and for the periods ended March 31, 2016 and December 31, 2015 are summarized as follows: (in thousands) As of March 31, 2016 As of December 31, 2015 Recorded Unpaid Principal Balance Related Recorded Unpaid Principal Balance Related With no related allowance recorded: Commercial $ 33 $ 33 $ $ $ $ Real estate-commercial 12,170 12,802 12,269 12,902 Real estate-residential 338 338 338 338 Subtotal $ 12,541 $ 13,173 $ $ 12,607 $ 13,240 $ With an allowance recorded: Commercial $ 60 $ 60 $ 12 $ 121 $ 121 $ 25 Real estate-commercial 5,581 5,676 547 5,597 5,693 598 Real estate-multi-family 487 487 4 488 488 5 Real estate-residential 1,851 1,938 160 2,114 2,201 204 Agriculture 367 367 38 370 370 38 Consumer 64 64 28 68 68 29 Subtotal $ 8,410 $ 8,592 $ 789 $ 8,758 $ 8,941 $ 899 Total: Commercial $ 93 $ 93 $ 12 $ 121 $ 121 $ 25 Real estate-commercial 17,751 18,478 547 27,866 18,595 598 Real estate-multi-family 487 487 4 488 488 5 Real estate-residential 2,189 2,276 160 2,452 2,539 204 Agriculture 367 367 38 370 370 38 Consumer 64 64 28 68 68 29 $ 20,951 $ 21,765 $ 789 $ 21,365 $ 22,181 $ 899 The following table presents the average balance related to impaired loans and leases for the periods indicated (in thousands): Average Recorded Investments for the three months ended March 31 , 2016 March 31, 2015 Commercial $ 60 $ 757 Real estate-commercial 16,734 19,928 Real estate-multi-family 487 495 Real estate-residential 2,195 2,854 Agriculture 369 380 Consumer 75 153 Total $ 19,920 $ 24,567 The following table presents the interest income recognized on impaired loans and leases for the periods indicated (in thousands): Interest Income Recognized for the three months ended March 31 , 2016 March 31, 2015 Commercial $ 1 $ 2 Real estate-commercial 185 256 Real estate-multi-family 8 5 Real estate-residential 21 31 Agriculture 5 3 Consumer 1 Total $ 220 $ 298

7. TROUBLED DEBT RESTRUCTURINGS

7. TROUBLED DEBT RESTRUCTURINGS	3 Months Ended
7. TROUBLED DEBT RESTRUCTURINGS	Mar. 31, 2016
TROUBLED DEBT RESTRUCTURINGS
TROUBLED DEBT RESTRUCTURINGS	During the period ended March 31, 2016, there were no loans that were modified as troubled debt restructurings. The following table presents loans by class modified as troubled debt restructurings during the three months ended March 31, 2015 (dollars in thousands): Pre- Post- Modification Modification Outstanding Outstanding Number Recorded Recorded of Loans Investment Investment Troubled debt restructurings: Real estate commercial 2 $ 517 $ 517 The troubled debt restructurings described above increased the allowance for loan and lease losses by $32,000 and resulted in no charge-offs during the three months ended March 31, 2015. There were no payment defaults during the three months ended March 31, 2016 or March 31, 2015 on troubled debt restructurings made in the preceding twelve months. At March 31, 2016 and December 31, 2015, there were no unfunded commitments on those loans considered troubled debt restructures. See also Impaired Loans and Leases in Item 2.

8. ALLOWANCE FOR LOAN AND LEASE

8. ALLOWANCE FOR LOAN AND LEASE LOSSES	3 Months Ended
8. ALLOWANCE FOR LOAN AND LEASE LOSSES	Mar. 31, 2016
Schedule of Troubled Debt Restructurings on Financing Receivables (Tables)
ALLOWANCE FOR LOAN AND LEASE LOSSES	The Companys loan and lease portfolio allocated by managements internal risk ratings as of March 31, 2016 and December 31, 2015 are summarized below: March 31, 2016 Credit Risk Profile by Internally Assigned Grade (dollars in thousands) Real Estate Commercial Commercial Multi-family Construction Residential Grade: Pass $ 31,718 $ 173,697 $ 27,267 $ 2,468 $ 13,596 Watch 1,055 17,215 491 9,039 1,826 Special mention 8,290 390 Substandard 2,875 1,140 808 Doubtful or loss Total $ 35,648 $ 200,342 $ 27,758 $ 11,507 $ 16,620 Credit Risk Profile by Internally Assigned Grade Other Credit Exposure Leases Agriculture Consumer Total Grade: Pass $ 634 $ 2,085 $ 1,670 $ 253,135 Watch 367 371 30,364 Special mention 432 9,112 Substandard 124 4,947 Doubtful or loss Total $ 634 $ 2,452 $ 2,597 $ 297,558 December 31, 2015 Credit Risk Profile by Internally Assigned Grade (dollars in thousands) Real Estate Commercial Commercial Multi-family Construction Residential Grade: Pass $ 32,216 $ 172,755 $ 23,001 $ 6,371 $ 10,593 Watch 1,073 17,318 493 8,162 2,099 Special mention 8,363 697 Substandard 2,906 1,155 811 Doubtful or loss Total $ 36,195 $ 199,591 $ 23,494 $ 14,533 $ 14,200 Credit Risk Profile by Internally Assigned Grade Other Credit Exposure Leases Agriculture Consumer Total Grade: Pass $ 732 $ 2,061 $ 2,136 $ 249,865 Watch 370 378 29,893 Special mention 433 9,493 Substandard 175 5,047 Doubtful or loss Total $ 732 $ 2,431 $ 3,122 $ 294,298 The allocation of the Companys allowance for loan and lease losses and by portfolio segment and by impairment methodology are summarized below: March 31, 2016 (dollars in thousands) Real Estate Other Commercial Commercial Multi-Family Construction Residential Leases Agriculture Consumer Unallocated Total Allowance for Loan and Lease Losses Beginning balance, January 1, 2016 $ 860 $ 2,369 $ 228 $ 813 $ 319 $ 1 $ 77 $ 78 $ 230 $ 4,975 Provision for loan losses (81 ) 143 42 (188 ) (21 ) 1 (85 ) 189 Loans charged-off Recoveries 34 1 72 107 Ending balance, March 31, 2016 $ 813 $ 2,513 $ 270 $ 625 $ 298 $ 2 $ 77 $ 65 $ 419 $ 5,082 Ending balance: Individually evaluated for impairment $ 12 $ 547 $ 4 $ $ 160 $ $ 38 $ 28 $ $ 789 Ending balance: Collectively evaluated for impairment $ 801 $ 1,966 $ 266 $ 625 $ 138 $ 2 $ 39 $ 37 $ 419 $ 4,293 Loans Ending balance $ 35,648 $ 200,342 $ 27,758 $ 11,507 $ 16,620 $ 634 $ 2,452 $ 2,597 $ $ 297,558 Ending balance: Individually evaluated for impairment $ 93 $ 17,751 $ 487 $ $ 2,189 $ $ 367 $ 64 $ $ 20,951 Ending balance: Collectively evaluated for impairment $ 35,555 $ 182,591 $ 27,271 $ 11,507 $ 14,431 $ 634 $ 2,085 $ 2,533 $ $ 276,607 December 31, 2015 (dollars in thousands) Real Estate Other Commercial Commercial Multi-Family Construction Residential Leases Agriculture Consumer Unallocated Total Ending balance: Individually evaluated for impairment $ 25 $ 598 $ 5 $ $ 204 $ $ 38 $ 29 $ $ 899 Ending balance: Collectively evaluated for impairment $ 835 $ 1,771 $ 223 $ 813 $ 115 $ 1 $ 39 $ 49 $ 230 $ 4,076 Loans Ending balance $ 36,195 $ 199,591 $ 23,494 $ 14,533 $ 14,200 $ 732 $ 2,431 $ 3,122 $ $ 294,298 Ending balance: Individually evaluated for impairment $ 121 $ 17,866 $ 488 $ $ 2,452 $ $ 370 $ 68 $ $ 21,365 Ending balance: Collectively evaluated for impairment $ 36,074 $ 181,725 $ 23,006 $ 14,533 $ 11,748 $ 732 $ 2,061 $ 3,054 $ $ 272,933 March 31, 2015 (dollars in thousands) Real Estate Other Commercial Commercial Multi-Family Construction Residential Leases Agriculture Consumer Unallocated Total Allowance for Loan and Lease Losses Beginning balance, January 1, 2015 $ 1,430 $ 2,317 $ 130 $ 583 $ 399 $ 2 $ 62 $ 124 $ 254 $ 5,301 Provision for loan losses (33 ) (34 ) (10 ) 97 (7 ) (1 ) (7 ) 8 (13 ) Loans charged-off (2 ) (2 ) Recoveries 6 1 2 9 Ending balance, March 31, 2015 $ 1,403 $ 2,284 $ 120 $ 680 $ 392 $ 1 $ 55 $ 132 $ 241 $ 5,308 The Companys aging analysis of the loan and lease portfolio at March 31, 2016 and December 31, 2015 are summarized below: March 31, 2016 (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Past Due Greater Than 90 Days Total Past Due Current Total Loans Past Due Greater Than 90 Days and Accruing Nonaccrual Commercial: Commercial $ $ $ $ $ 35,648 $ 35,648 $ $ 29 Real estate: Commercial 324 499 823 199,519 200,342 1,478 Multi-family 27,759 27,759 Construction 11,507 11,507 Residential 16,620 16,620 Other: Leases 634 634 Agriculture 2,452 2,452 Consumer 37 37 2,559 2,596 70 Total $ 324 $ 37 $ 499 $ 860 $ 296,698 $ 297,558 $ $ 1,577 December 31, 2015 (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Past Due Greater Than 90 Days Total Past Due Current Total Loans Past Due Greater Than 90 Days and Accruing Nonaccrual Commercial: Commercial $ $ $ 30 $ 30 $ 36,165 $ 36,195 $ $ 30 Real estate: Commercial 359 499 858 198,733 199,591 1,155 Multi-family 23,494 23,494 Construction 14,533 14,533 Residential 338 338 13,862 14,200 338 Other: Leases 732 732 Agriculture 2,431 2,431 Consumer 367 367 2,755 3,122 120 Total $ 367 $ 359 $ 867 $ 1,593 $ 292,705 $ 294,298 $ $ 1,643

9. BORROWING ARRANGEMENTS

9. BORROWING ARRANGEMENTS	3 Months Ended
9. BORROWING ARRANGEMENTS	Mar. 31, 2016
Borrowing Arrangements
BORROWING ARRANGEMENTS	At March 31, 2016, the Company had $17,000,000 of unsecured short-term borrowing arrangements with two of its correspondent banks. There were no advances under the borrowing arrangements as of March 31, 2016 or December 31, 2015. The Company has a line of credit available with the Federal Home Loan Bank of San Francisco (the FHLB) which is secured by pledged mortgage loans and investment securities. Borrowings may include overnight advances as well as loans with terms of up to thirty years. Advances (both short-term and long-term) totaling $11,000,000 were outstanding from the FHLB at March 31, 2016, bearing interest rates ranging from 0.75% to 1.91% and maturing between July 20, 2016 and July 12, 2019. Advances totaling $11,000,000 were outstanding from the FHLB at December 31, 2015, bearing interest rates ranging from 0.45% to 1.91% and maturing between January 19, 2016 and July 12, 2019. Remaining amounts available under the borrowing arrangement with the FHLB at March 31, 2016 and December 31, 2015 totaled $77,828,000 and $78,326,000, respectively. In addition, the Company has a secured borrowing agreement with the Federal Reserve Bank of San Francisco. The borrowing can be secured by pledging selected loans and investment securities. Borrowings generally are short-term including overnight advances as well as loans with terms up to ninety days. Amounts available under this borrowing arrangement at March 31, 2016 and December 31, 2015 were $12,514,000 and $11,371,000, respectively. There were no advances outstanding under this borrowing arrangement as of March 31, 2016 and December 31, 2015.

10. INCOME TAXES

10. INCOME TAXES	3 Months Ended
10. INCOME TAXES	Mar. 31, 2016
INCOME TAXES
INCOME TAXES	The Company files its income taxes on a consolidated basis with its subsidiaries. The allocation of income tax expense (benefit) represents each entitys proportionate share of the consolidated provision for (benefit from) income taxes. The Company accounts for income taxes using the balance sheet method, under which deferred tax assets and liabilities are recognized for the tax consequences of temporary differences between the reported amounts of assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. On the consolidated balance sheet, net deferred tax assets are included in accrued interest receivable and other assets. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above, if applicable, is reflected as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if applicable, as a component of interest expense in the consolidated statement of income. There have been no unrecognized tax benefits or accrued interest and penalties for the three-month periods ended March 31, 2016 and 2015. Federal and state income taxes for the quarter ended March 31, 2016 increased $163,000 (34.7%) from $470,000 in the first quarter of 2015 to $633,000 in the first quarter of 2016. The effective tax rate for the quarter ended March 31, 2016 was 31.6% compared to 33.0% for the first quarter of 2015. The higher tax expense in 2016 resulted from a higher amount of taxable income. Taxable income increased $579,000 (40.6%) from $1,426,000 in the first quarter of 2015 to $2,005,000 in the first quarter of 2016. The lower effective tax rate in 2016 results from an increase in tax benefits related to tax exempt loan interest. Interest on tax exempt loans increased from $17,000 in 2015 to $172,000 in 2016.

11. FAIR VALUE MEASUREMENTS

11. FAIR VALUE MEASUREMENTS	3 Months Ended
11. FAIR VALUE MEASUREMENTS	Mar. 31, 2016
Assets and liabilities measured at fair value on a recurring and non-recurring basis are presented in the following table
FAIR VALUE MEASUREMENTS	The following tables present information about the Companys assets and liabilities measured at fair value on a recurring and nonrecurring basis as of March 31, 2016 and December 31, 2015. They indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Fair values determined by Level 2 inputs utilize inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Companys assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Estimated fair values are disclosed for financial instruments for which it is practicable to estimate fair value. These estimates are made at a specific point in time based on relevant market data and information about the financial instruments. These estimates do not reflect any premium or discount that could result from offering the Companys entire holdings of a particular financial instrument for sale at one time, nor do they attempt to estimate the value of anticipated future business related to the instruments. In addition, the tax ramifications related to the realization of unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of these estimates. The carrying amounts and estimated fair values of the Companys financial instruments are as follows (dollars in thousands): Carrying Fair Value Measurements Using: March 31, 2016 Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 29,257 $ 29,257 $ $ $ 29,257 Interest-bearing deposits in banks 999 1,001 1,001 Available-for-sale securities 260,818 21 260,797 260,818 Held-to-maturity securities 573 619 619 FHLB stock 3,799 N/A N/A N/A N/A Net loans and leases: 292,226 295,290 295,290 Accrued interest receivable 1,817 935 882 1,817 Financial liabilities: Deposits: Noninterest-bearing $ 188,585 $ 188,585 $ $ $ 188,585 Savings 59,816 59,816 59,816 Money market 129,556 129,556 129,556 NOW accounts 62,339 62,339 62,339 Time Deposits 83,523 84,182 84,182 Short-term borrowings 3,500 3,500 3,500 Long-term borrowings 7,500 7,547 7,547 Accrued interest payable 47 47 47 Carrying Fair Value Measurements Using: December 31, 2015 Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 23,727 $ 23,727 $ $ $ 23,727 Interest-bearing deposits in banks 750 752 752 Available-for-sale securities 273,819 24 273,795 273,819 Held-to-maturity securities 623 669 689 FHLB stock 3,779 N/A N/A N/A N/A Net loans and leases: 289,102 292,444 292,444 Accrued interest receivable 1,885 1,077 808 1,885 Financial liabilities: Deposits: Noninterest-bearing $ 190,548 $ 190,548 $ $ $ 190,548 Savings 59,061 59,061 59,061 Money market 135,186 135,186 135,186 NOW accounts 61,324 61,324 61,324 Time Deposits 84,571 85,165 85,165 Short-term borrowings 3,500 3,500 3,500 Long-term borrowings 7,500 7,502 7,502 Accrued interest payable 60 60 60 Because no market exists for a significant portion of the Companys financial instruments, fair value estimates are based on judgments regarding 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 the fair values presented. The following methods and assumptions were used by the Company to estimate the fair values of its financial instruments at March 31, 2016 and December 31, 2015: Cash and due from banks Interest-bearing deposits in banks Investment securities FHLB stock Loans and leases Deposits Short-term and long-term borrowings Accrued interest receivable and payable Off-balance sheet instruments Assets and liabilities measured at fair value on a recurring and non-recurring basis are presented in the following table: Description Fair Value Measurements Using Total Gains (dollars in thousands) Fair Value Level 1 Level 2 Level 3 (Losses) March 31, 2016 Assets and liabilities measured on a recurring basis: Available-for-sale securities: US Government Agencies and Sponsored Agencies $ 238,093 $ $ 238,093 $ $ Obligations of states and political subdivisions 21,111 21,111 Corporate bonds 1,547 1,547 Corporate stock 67 21 46 Total recurring $ 260,818 $ 21 $ 260,797 $ $ Assets and liabilities measured on a nonrecurring basis: Impaired loans: Real estate: Commercial $ 3,875 $ $ $ 3,875 $ Other real estate owned Commercial 243 243 Land 653 653 (376 ) Total nonrecurring $ 4,771 $ $ $ 4,771 $ (376 ) Description Fair Value Measurements Using Total Gains (dollars in thousands) Fair Value Level 1 Level 2 Level 2 (Losses) December 31, 2015 Assets and liabilities measured on a recurring basis: Available-for-sale securities: US Government Agencies and Sponsored Agencies $ 246,185 $ $ 246,185 $ $ Corporate Debt securities 1,551 1,551 Obligations of states and political subdivisions 26,013 26,013 Corporate stock 70 24 46 Total recurring $ 273,819 $ 24 $ 273,795 $ $ Assets and liabilities measured on a nonrecurring basis: Impaired loans: Real estate: Commercial $ 3,900 $ $ $ 3,900 $ (334 ) Other real estate owned Commercial 2,522 2,522 Land 1,029 1,029 Total nonrecurring $ 7,451 $ $ $ 7,451 $ (334 ) There were no transfers between Levels 1 and 2 during the three-month period ended March 31, 2016 or the twelve months ended December 31, 2015. The following methods were used to estimate the fair value of each class of financial instrument above: Available-for-sale securities Fair values for investment securities are based on quoted market prices, if available, and are considered Level 1, or evaluated using pricing models that vary by asset class and incorporate available trade, bid and other market information and are considered Level 2. Pricing applications apply available information, as applicable, through processes such as benchmark curves, benchmarking to like securities, sector groupings and matrix pricing. Impaired loans Other real estate owned

2. STOCK-BASED COMPENSATION (Ta

2. STOCK-BASED COMPENSATION (Tables)	3 Months Ended
2. STOCK-BASED COMPENSATION (Tables)	Mar. 31, 2016
STOCK BASED COMPENSATION. (Tables)
Schedule of Share-based Compensation, Stock Options, Activity	Options Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value ($000) Outstanding at January 1, 2016 248,411 $ 15.19 3.7 years $ 232 Granted Exercised Expired, forfeited or cancelled 46,135 24.02 Outstanding at March 31, 2016 202,276 $ 13.17 4.2 years $ 183 Vested at March 31, 2016 142,741 $ 14.93 2.5 years $ 111 Non-vested at March 31, 2016 59,535 $ 8.96 8.4 years $ 72
Schedule of Nonvested Share Activity	Restricted Stock Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2016 57,516 $ 9.21 Awarded 17,833 10.17 Less: Vested Less: Expired, forfeited or cancelled Nonvested at March 31, 2016 75,349 $ 9.44

5. INVESTMENT SECURITIES (Table

5. INVESTMENT SECURITIES (Tables)	3 Months Ended
5. INVESTMENT SECURITIES (Tables)	Mar. 31, 2016
INVESTMENTS SECURITIES (Tables)
Available-for-sale Securities	March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: US Government Agencies and Sponsored Agencies $ 233,156 $ 5,058 $ (121 ) $ 238,093 Obligations of states and political subdivisions 19,985 1,127 (1 ) 21,111 Corporate bonds 1,502 45 1,547 Equity securities: Corporate stock 51 16 67 $ 254,694 $ 6,246 $ (122 ) $ 260,818 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: US Government Agencies and Sponsored Agencies $ 244,056 $ 3,059 $ (930 ) $ 246,185 Obligations of states and political subdivisions 24,706 1,307 26,013 Corporate bonds 1,502 49 1,551 Equity securities: Corporate stock 51 19 70 $ 270,315 $ 4,434 $ (930 ) $ 273,819
Held-to-maturity Securities	March 31, 2016 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: US Government Agencies and Sponsored Agencies $ 573 $ 46 $ $ 619 December 31, 2015 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: US Government Agencies and Sponsored Agencies $ 623 $ 46 $ $ 669
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	March 31, 2016 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Available-for-Sale Debt securities: US Government Agencies and Sponsored Agencies $ 10,635 $ (72 ) 4,444 (49 ) $ 15,079 $ (121 ) Obligations of states and political subdivisions 389 (1 ) 389 (1 ) $ 11,024 $ (73 ) $ 4,444 $ (49 ) $ 15,468 $ (122 ) December 31, 2015 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Available-for-Sale Debt securities: US Government Agencies and Sponsored Agencies $ 93,265 $ (813 ) $ 5,251 $ (117 ) $ 98,516 $ (930 ) Obligations of states and political subdivisions $ 93,265 $ (813 ) $ 5,251 $ (117 ) $ 98,516 $ (930 )
Available-for-sale Securities, Debt Maturities, Basis of Allocation	Available-for-Sale Held-to-Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Within one year $ 493 $ 495 After one year through five years 5,137 5,273 After five years through ten years 10,961 11,802 After ten years 4,896 5,088 21,487 22,658 Investment securities not due at a single maturity date: US Government Agencies and Sponsored Agencies 233,156 238,093 $ 573 $ 619 Corporate stock 51 67 $ 254,694 $ 260,818 $ 573 $ 619

6. IMPAIRED AND NONPERFORMING21

6. IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2016
Impaired And Nonperforming Loans And Leases And Other Real Estate Owned Tables
Schedule of Nonperforming loans and leases and other assets and OREO	March 31, 2016 December 31, 2015 Nonaccrual loans and leases that are current to terms (less than 30 days past due) $ 1,041 $ 379 Nonaccrual loans and leases that are past due 536 1,264 Loans and leases past due 90 days and accruing interest Other assets 878 878 Other real estate owned 896 3,551 Total nonperforming assets $ 3,351 $ 6,072 Nonperforming loans and leases to total loans and leases 0.53 % 0.56 % Total nonperforming assets to total assets 0.54 % 0.96 %
Schedule of Impaired Financing Receivables	(in thousands) As of March 31, 2016 As of December 31, 2015 Recorded Unpaid Principal Balance Related Recorded Unpaid Principal Balance Related With no related allowance recorded: Commercial $ 33 $ 33 $ $ $ $ Real estate-commercial 12,170 12,802 12,269 12,902 Real estate-residential 338 338 338 338 Subtotal $ 12,541 $ 13,173 $ $ 12,607 $ 13,240 $ With an allowance recorded: Commercial $ 60 $ 60 $ 12 $ 121 $ 121 $ 25 Real estate-commercial 5,581 5,676 547 5,597 5,693 598 Real estate-multi-family 487 487 4 488 488 5 Real estate-residential 1,851 1,938 160 2,114 2,201 204 Agriculture 367 367 38 370 370 38 Consumer 64 64 28 68 68 29 Subtotal $ 8,410 $ 8,592 $ 789 $ 8,758 $ 8,941 $ 899 Total: Commercial $ 93 $ 93 $ 12 $ 121 $ 121 $ 25 Real estate-commercial 17,751 18,478 547 27,866 18,595 598 Real estate-multi-family 487 487 4 488 488 5 Real estate-residential 2,189 2,276 160 2,452 2,539 204 Agriculture 367 367 38 370 370 38 Consumer 64 64 28 68 68 29 $ 20,951 $ 21,765 $ 789 $ 21,365 $ 22,181 $ 899
Schedule of Average Balance Recorded to Imapired Loans and Leases	Average Recorded Investments for the three months ended March 31 , 2016 March 31, 2015 Commercial $ 60 $ 757 Real estate-commercial 16,734 19,928 Real estate-multi-family 487 495 Real estate-residential 2,195 2,854 Agriculture 369 380 Consumer 75 153 Total $ 19,920 $ 24,567
Schedule of interest income recognized on impaired loans and leases	Interest Income Recognized for the three months ended March 31 , 2016 March 31, 2015 Commercial $ 1 $ 2 Real estate-commercial 185 256 Real estate-multi-family 8 5 Real estate-residential 21 31 Agriculture 5 3 Consumer 1 Total $ 220 $ 298

7. TROUBLED DEBT RESTRUCTURIN22

7. TROUBLED DEBT RESTRUCTURINGS (Tables)	3 Months Ended
7. TROUBLED DEBT RESTRUCTURINGS (Tables)	Mar. 31, 2016
Troubled Debt Restructurings Tables
TROUBLED DEBT RESTRUCTURINGS	The following table presents loans by class modified as troubled debt restructurings during the three months ended March 31, 2015 (dollars in thousands): Pre- Post- Modification Modification Outstanding Outstanding Number Recorded Recorded of Loans Investment Investment Troubled debt restructurings: Real estate commercial 2 $ 517 $ 517

8. ALLOWANCE FOR LOAN AND LEA23

8. ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	3 Months Ended
8. ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	Mar. 31, 2016
Allowance For Loan And Lease Losses Tables
Schedule Of Recorded Investment Evaluated Based On Internal Risk Ratings	March 31, 2016 Credit Risk Profile by Internally Assigned Grade (dollars in thousands) Real Estate Commercial Commercial Multi-family Construction Residential Grade: Pass $ 31,718 $ 173,697 $ 27,267 $ 2,468 $ 13,596 Watch 1,055 17,215 491 9,039 1,826 Special mention 8,290 390 Substandard 2,875 1,140 808 Doubtful or loss Total $ 35,648 $ 200,342 $ 27,758 $ 11,507 $ 16,620 Credit Risk Profile by Internally Assigned Grade Other Credit Exposure Leases Agriculture Consumer Total Grade: Pass $ 634 $ 2,085 $ 1,670 $ 253,135 Watch 367 371 30,364 Special mention 432 9,112 Substandard 124 4,947 Doubtful or loss Total $ 634 $ 2,452 $ 2,597 $ 297,558 December 31, 2015 Credit Risk Profile by Internally Assigned Grade (dollars in thousands) Real Estate Commercial Commercial Multi-family Construction Residential Grade: Pass $ 32,216 $ 172,755 $ 23,001 $ 6,371 $ 10,593 Watch 1,073 17,318 493 8,162 2,099 Special mention 8,363 697 Substandard 2,906 1,155 811 Doubtful or loss Total $ 36,195 $ 199,591 $ 23,494 $ 14,533 $ 14,200 Credit Risk Profile by Internally Assigned Grade Other Credit Exposure Leases Agriculture Consumer Total Grade: Pass $ 732 $ 2,061 $ 2,136 $ 249,865 Watch 370 378 29,893 Special mention 433 9,493 Substandard 175 5,047 Doubtful or loss Total $ 732 $ 2,431 $ 3,122 $ 294,298
Summary Of Analysis Of Allowance For Loan Losses	March 31, 2016 (dollars in thousands) Real Estate Other Commercial Commercial Multi-Family Construction Residential Leases Agriculture Consumer Unallocated Total Allowance for Loan and Lease Losses Beginning balance, January 1, 2016 $ 860 $ 2,369 $ 228 $ 813 $ 319 $ 1 $ 77 $ 78 $ 230 $ 4,975 Provision for loan losses (81 ) 143 42 (188 ) (21 ) 1 (85 ) 189 Loans charged-off Recoveries 34 1 72 107 Ending balance, March 31, 2016 $ 813 $ 2,513 $ 270 $ 625 $ 298 $ 2 $ 77 $ 65 $ 419 $ 5,082 Ending balance: Individually evaluated for impairment $ 12 $ 547 $ 4 $ $ 160 $ $ 38 $ 28 $ $ 789 Ending balance: Collectively evaluated for impairment $ 801 $ 1,966 $ 266 $ 625 $ 138 $ 2 $ 39 $ 37 $ 419 $ 4,293 Loans Ending balance $ 35,648 $ 200,342 $ 27,758 $ 11,507 $ 16,620 $ 634 $ 2,452 $ 2,597 $ $ 297,558 Ending balance: Individually evaluated for impairment $ 93 $ 17,751 $ 487 $ $ 2,189 $ $ 367 $ 64 $ $ 20,951 Ending balance: Collectively evaluated for impairment $ 35,555 $ 182,591 $ 27,271 $ 11,507 $ 14,431 $ 634 $ 2,085 $ 2,533 $ $ 276,607 December 31, 2015 (dollars in thousands) Real Estate Other Commercial Commercial Multi-Family Construction Residential Leases Agriculture Consumer Unallocated Total Ending balance: Individually evaluated for impairment $ 25 $ 598 $ 5 $ $ 204 $ $ 38 $ 29 $ $ 899 Ending balance: Collectively evaluated for impairment $ 835 $ 1,771 $ 223 $ 813 $ 115 $ 1 $ 39 $ 49 $ 230 $ 4,076 Loans Ending balance $ 36,195 $ 199,591 $ 23,494 $ 14,533 $ 14,200 $ 732 $ 2,431 $ 3,122 $ $ 294,298 Ending balance: Individually evaluated for impairment $ 121 $ 17,866 $ 488 $ $ 2,452 $ $ 370 $ 68 $ $ 21,365 Ending balance: Collectively evaluated for impairment $ 36,074 $ 181,725 $ 23,006 $ 14,533 $ 11,748 $ 732 $ 2,061 $ 3,054 $ $ 272,933 March 31, 2015 (dollars in thousands) Real Estate Other Commercial Commercial Multi-Family Construction Residential Leases Agriculture Consumer Unallocated Total Allowance for Loan and Lease Losses Beginning balance, January 1, 2015 $ 1,430 $ 2,317 $ 130 $ 583 $ 399 $ 2 $ 62 $ 124 $ 254 $ 5,301 Provision for loan losses (33 ) (34 ) (10 ) 97 (7 ) (1 ) (7 ) 8 (13 ) Loans charged-off (2 ) (2 ) Recoveries 6 1 2 9 Ending balance, March 31, 2015 $ 1,403 $ 2,284 $ 120 $ 680 $ 392 $ 1 $ 55 $ 132 $ 241 $ 5,308
Summary Of Activity In Allowance For Loan Losses By Loan Class	March 31, 2016 (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Past Due Greater Than 90 Days Total Past Due Current Total Loans Past Due Greater Than 90 Days and Accruing Nonaccrual Commercial: Commercial $ $ $ $ $ 35,648 $ 35,648 $ $ 29 Real estate: Commercial 324 499 823 199,519 200,342 1,478 Multi-family 27,759 27,759 Construction 11,507 11,507 Residential 16,620 16,620 Other: Leases 634 634 Agriculture 2,452 2,452 Consumer 37 37 2,559 2,596 70 Total $ 324 $ 37 $ 499 $ 860 $ 296,698 $ 297,558 $ $ 1,577 December 31, 2015 (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Past Due Greater Than 90 Days Total Past Due Current Total Loans Past Due Greater Than 90 Days and Accruing Nonaccrual Commercial: Commercial $ $ $ 30 $ 30 $ 36,165 $ 36,195 $ $ 30 Real estate: Commercial 359 499 858 198,733 199,591 1,155 Multi-family 23,494 23,494 Construction 14,533 14,533 Residential 338 338 13,862 14,200 338 Other: Leases 732 732 Agriculture 2,431 2,431 Consumer 367 367 2,755 3,122 120 Total $ 367 $ 359 $ 867 $ 1,593 $ 292,705 $ 294,298 $ $ 1,643

11. FAIR VALUE MEASUREMENTS (Ta

11. FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
11. FAIR VALUE MEASUREMENTS (Tables)	Mar. 31, 2016
Assets and liabilities measured at fair value on a recurring and non-recurring basis are presented in the following table
Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings	Carrying Fair Value Measurements Using: March 31, 2016 Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 29,257 $ 29,257 $ $ $ 29,257 Interest-bearing deposits in banks 999 1,001 1,001 Available-for-sale securities 260,818 21 260,797 260,818 Held-to-maturity securities 573 619 619 FHLB stock 3,799 N/A N/A N/A N/A Net loans and leases: 292,226 295,290 295,290 Accrued interest receivable 1,817 935 882 1,817 Financial liabilities: Deposits: Noninterest-bearing $ 188,585 $ 188,585 $ $ $ 188,585 Savings 59,816 59,816 59,816 Money market 129,556 129,556 129,556 NOW accounts 62,339 62,339 62,339 Time Deposits 83,523 84,182 84,182 Short-term borrowings 3,500 3,500 3,500 Long-term borrowings 7,500 7,547 7,547 Accrued interest payable 47 47 47 Carrying Fair Value Measurements Using: December 31, 2015 Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 23,727 $ 23,727 $ $ $ 23,727 Interest-bearing deposits in banks 750 752 752 Available-for-sale securities 273,819 24 273,795 273,819 Held-to-maturity securities 623 669 689 FHLB stock 3,779 N/A N/A N/A N/A Net loans and leases: 289,102 292,444 292,444 Accrued interest receivable 1,885 1,077 808 1,885 Financial liabilities: Deposits: Noninterest-bearing $ 190,548 $ 190,548 $ $ $ 190,548 Savings 59,061 59,061 59,061 Money market 135,186 135,186 135,186 NOW accounts 61,324 61,324 61,324 Time Deposits 84,571 85,165 85,165 Short-term borrowings 3,500 3,500 3,500 Long-term borrowings 7,500 7,502 7,502 Accrued interest payable 60 60 60
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques	Description Fair Value Measurements Using Total Gains (dollars in thousands) Fair Value Level 1 Level 2 Level 3 (Losses) March 31, 2016 Assets and liabilities measured on a recurring basis: Available-for-sale securities: US Government Agencies and Sponsored Agencies $ 238,093 $ $ 238,093 $ $ Obligations of states and political subdivisions 21,111 21,111 Corporate bonds 1,547 1,547 Corporate stock 67 21 46 Total recurring $ 260,818 $ 21 $ 260,797 $ $ Assets and liabilities measured on a nonrecurring basis: Impaired loans: Real estate: Commercial $ 3,875 $ $ $ 3,875 $ Other real estate owned Commercial 243 243 Land 653 653 (376 ) Total nonrecurring $ 4,771 $ $ $ 4,771 $ (376 ) Description Fair Value Measurements Using Total Gains (dollars in thousands) Fair Value Level 1 Level 2 Level 2 (Losses) December 31, 2015 Assets and liabilities measured on a recurring basis: Available-for-sale securities: US Government Agencies and Sponsored Agencies $ 246,185 $ $ 246,185 $ $ Corporate Debt securities 1,551 1,551 Obligations of states and political subdivisions 26,013 26,013 Corporate stock 70 24 46 Total recurring $ 273,819 $ 24 $ 273,795 $ $ Assets and liabilities measured on a nonrecurring basis: Impaired loans: Real estate: Commercial $ 3,900 $ $ $ 3,900 $ (334 ) Other real estate owned Commercial 2,522 2,522 Land 1,029 1,029 Total nonrecurring $ 7,451 $ $ $ 7,451 $ (334 )

2. STOCK-BASED COMPENSATION - O

2. STOCK-BASED COMPENSATION - Option activity (Details) - Options Shares $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Outstanding \| shares	248,411
Granted \| shares	0
Exercised \| shares	0
Expired, forfeited or cancelled \| shares	46,135
Outstanding \| shares	202,276
Number of options vested \| shares	142,741
Nonvested, Shares \| shares	59,535
Weighted average exercise price, outstanding beginning \| $ / shares	$ 15.19
Granted \| $ / shares	0
Exercised \| $ / shares	0
Expired, forfeited or cancelled \| $ / shares	24.02
Weighted average exercise price, outstanding ending \| $ / shares	13.17
Weighted average exercise price of vested stock options (in dollars per share) \| $ / shares	14.93
Weighted average exercise price of nonvested stock options (in dollars per share) \| $ / shares	$ 8.96
Weighted years to maturity outstanding beginning	3 years 8 months 12 days
Granted	0 years
Exercised	0 years
Expired, forfeited or cancelled	0 years
Weighted years to maturity outstanding Ending	4 years 2 months 12 days
Weighted average remaining contractual term in years, vested	2 years 6 months
Weighted average remaining contractual term in years, non-vested	8 years 4 months 24 days
Aggregate Intrinsic Value, options outstanding, beginning \| $	$ 232
Aggregate Intrinsic Value, options outstanding, ending \| $	183
Aggregate Intrinsic Value, options vested \| $	111
Aggregate Intrinsic Value, options non-vested \| $	$ 72

2. STOCK-BASED COMPENSATION - R

2. STOCK-BASED COMPENSATION - Restricted Stock (Details) - Restricted stock	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Restricted Stock Nonvested beginning balance \| shares	57,516
Awarded \| shares	17,833
Less: Vested \| shares	0
Less: Expired, forfeited or cancelled \| shares	0
Restricted Stock Nonvested ending balance \| shares	75,349
Weighted Average Grant Date Fair Value Nonvested beginning balance \| $ / shares	$ 9.21
Awarded \| $ / shares	10.17
Less: Vested \| $ / shares	0
Less: Expired, forfeited or cancelled \| $ / shares	0
Weighted Average Grant Date Fair Value Nonvested ending balance \| $ / shares	$ 9.44

2. STOCK-BASED COMPENSATION - E

2. STOCK-BASED COMPENSATION - Equity Plans and Compensation (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Share based compensation	$ 82	$ 55
Tax benefit of equity compensation expense	$ 29	$ 20
Intrinsic value used for stock options and restricted stock	$ 10.16
2000 Plan
Stock options outstanding under Equity Incentive Plan	125,815
2010 Plan
Authorized shares that remain available for issuance under the 2010 Plan	1,395,985
Options Shares
Stock options outstanding under Equity Incentive Plan	202,276		248,411
Authorized shares that remain available for issuance under the 2010 Plan	76,461
Compensation cost related to nonvested stock option awards not yet recorded	$ 129
Period for recognition	4 years 3 months
Weighted average costs is expected period	1 year 9 months 18 days
Restricted stock
Stock options outstanding under Equity Incentive Plan	17,833	20,532
Authorized shares that remain available for issuance under the 2010 Plan	75,349
Compensation cost related to restricted stock awards not yet recorded	$ 437
Period for recognition	4 years 3 months
Weighted average costs is expected period	1 year 8 months 12 days
Intrinsic value of nonvested restricted stock	$ 766

3. COMMITMENTS AND CONTINGENC28

3. COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Commitments
Loan commitments
Commitments	$ 27,276	$ 26,730
Standby letters of credit
Commitments	$ 238	$ 238

4. EARNINGS PER SHARE COMPUTA29

4. EARNINGS PER SHARE COMPUTATION (Details Narrative) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share Computation Details Narrative
Weighted average common shares outstanding	7,095,785	7,821,651
Dilutive effect of stock based awards	34,659	23,881
Antidilutive stock option excluded from earnings per share	142,600	187,639

5. INVESTMENT SECURITIES - Amor

5. INVESTMENT SECURITIES - Amortized Cost, Unrealized Gains, Unrealized Losses And Estimated Fair Values (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Available for sale securities, Amortized Cost	$ 254,694	$ 270,315
Available for sale securities, Unrealized Gains	6,246	4,434
Available for sale securities, Unrealized Losses	(122)	(930)
Available for sale securities, Estimated Fair Value	260,818	273,819
Held-to-Maturity Debt securities Amortized Cost	573
Held-to-Maturity Debt securities Estimated Fair Value	619	689
US Government Agencies and Sponsored Agencies
Available for sale securities, Amortized Cost	233,156	244,056
Available for sale securities, Unrealized Gains	5,058	3,059
Available for sale securities, Unrealized Losses	(121)	(930)
Available for sale securities, Estimated Fair Value	238,093	246,185
Held-to-Maturity Debt securities Amortized Cost	573	623
Held-to-Maturity Debt securities Gross Unrealized Gains	46	46
Held-to-Maturity Debt securities Gross Unrealized Losses	0	0
Held-to-Maturity Debt securities Estimated Fair Value	619	669
Obligations of states and political subdivisions
Available for sale securities, Amortized Cost	19,985	24,706
Available for sale securities, Unrealized Gains	1,127	1,307
Available for sale securities, Unrealized Losses	(1)	0
Available for sale securities, Estimated Fair Value	21,111	26,013
Corporate Bonds
Available for sale securities, Amortized Cost	1,502	1,502
Available for sale securities, Unrealized Gains	45	49
Available for sale securities, Unrealized Losses	0	0
Available for sale securities, Estimated Fair Value	1,547	1,551
Equity Securities - Corporate Stock
Available for sale securities, Amortized Cost	51	51
Available for sale securities, Unrealized Gains	16	19
Available for sale securities, Unrealized Losses	0	0
Available for sale securities, Estimated Fair Value	$ 67	$ 70
Held-to-Maturity Debt securities Amortized Cost
Held-to-Maturity Debt securities Estimated Fair Value

5. INVESTMENT SECURITIES - Inve

5. INVESTMENT SECURITIES - Investment securities with unrealized losses (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Less than 12 months, Estimated Fair Value	$ 11,024	$ 93,265
Less than 12 months, Unrealized Loss	(73)	(813)
12 months or more, Estimated Fair Value	4,444	5,251
12 months or more, Unrealized Loss	(49)	(117)
Total Estimated Fair Value	15,468	98,516
Total Unrealized Loss	(122)	(930)
US Government Agencies and Sponsored Agencies
Less than 12 months, Estimated Fair Value	10,635	93,265
Less than 12 months, Unrealized Loss	(72)	(813)
12 months or more, Estimated Fair Value	4,444	5,251
12 months or more, Unrealized Loss	(49)	(117)
Total Estimated Fair Value	15,079	98,516
Total Unrealized Loss	(121)	(930)
Obligations of states and political subdivisions
Less than 12 months, Estimated Fair Value	389	0
Less than 12 months, Unrealized Loss	(1)	0
12 months or more, Estimated Fair Value	0	0
12 months or more, Unrealized Loss	0	0
Total Estimated Fair Value	389	0
Total Unrealized Loss	$ (1)	$ 0

5. INVESTMENT SECURITIES - Am32

5. INVESTMENT SECURITIES - Amortized cost and estimated fair values (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Within one year, Amortized Cost	$ 493
After one through five years, Amortized Cost	5,137
After five through ten years, Amortized Cost	10,961
After ten years, Amortized Cost	4,896
Total Amortized Cost	21,487
Within one year, Estimated Fair Value	495
After one through five years, Estimated Fair Value	5,273
After five through ten years, Estimated Fair Value	11,802
After ten years, Estimated Fair Value	5,088
Total Estimated Fair Value	22,658
Equity securities, Amortized Cost	254,694
Equity securities, Estimated Fair Value	260,818
Held-to-Maturity Amortized Cost	573
Held-to-Maturity Estimated Fair Value	619	$ 689
US Government Agencies and Sponsored Agencies
Equity securities, Amortized Cost	233,156
Equity securities, Estimated Fair Value	238,093
Held-to-Maturity Amortized Cost	573	623
Held-to-Maturity Estimated Fair Value	619	$ 669
Equity Securities - Corporate Stock
Equity securities, Amortized Cost	51
Equity securities, Estimated Fair Value	$ 67
Held-to-Maturity Amortized Cost
Held-to-Maturity Estimated Fair Value

6. IMPAIRED AND NONPERFORMING33

6. IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED - Nonaccrual loans (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Total nonperforming assets	$ 3,351	$ 6,072
Nonperforming loans and leases to total loans and leases	0.53%	0.56%
Total nonperforming assets to total assets	0.54%	0.96%
Nonaccrual loans and leases that are current to terms (less than 30 days past due)
Total nonperforming assets	$ 1,041	$ 379
Nonaccrual loans and leases that are past due
Total nonperforming assets	536	1,264
Loans and leases past due 90 days and accruing interest
Total nonperforming assets	0	0
Other assets
Total nonperforming assets	878	878
Other real estate owned
Total nonperforming assets	$ 896	$ 3,551

6. IMPAIRED AND NONPERFORMING34

6. IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED - Nonperforming assets (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
With no related allowance recorded: Recorded Investment	$ 12,541	$ 12,607
With no related allowance recorded: Unpaid Principal Balance	13,173	13,240
With no related allowance recorded: Related Allowance	0	0
With an allowance recorded: Recorded Investment	8,410	8,758
With an allowance recorded: Unpaid Principal Balance	8,592	8,941
With an allowance recorded: Related Allowance	789	899
Recorded Investment	20,951	21,365
Unpaid Principal Balance	21,765	22,181
Related Allowance	789	899
Commercial
With no related allowance recorded: Recorded Investment	33	0
With no related allowance recorded: Unpaid Principal Balance	33	0
With no related allowance recorded: Related Allowance	0	0
With an allowance recorded: Recorded Investment	60	121
With an allowance recorded: Unpaid Principal Balance	60	121
With an allowance recorded: Related Allowance	12	25
Recorded Investment	93	121
Unpaid Principal Balance	93	121
Related Allowance	12	25
Real estate-commercial
With no related allowance recorded: Recorded Investment	12,170	12,269
With no related allowance recorded: Unpaid Principal Balance	12,802	12,902
With no related allowance recorded: Related Allowance	0	0
With an allowance recorded: Recorded Investment	5,581	5,597
With an allowance recorded: Unpaid Principal Balance	5,676	5,693
With an allowance recorded: Related Allowance	547	598
Recorded Investment	17,751	27,866
Unpaid Principal Balance	18,478	18,595
Related Allowance	547	598
Real estate-multi-family
With an allowance recorded: Recorded Investment	487	488
With an allowance recorded: Unpaid Principal Balance	487	488
With an allowance recorded: Related Allowance	4	5
Recorded Investment	487	488
Unpaid Principal Balance	487	488
Related Allowance	4	5
Real Estate Residential
With no related allowance recorded: Recorded Investment	338	338
With no related allowance recorded: Unpaid Principal Balance	338	338
With no related allowance recorded: Related Allowance	0	0
With an allowance recorded: Recorded Investment	1,851	2,114
With an allowance recorded: Unpaid Principal Balance	1,938	2,201
With an allowance recorded: Related Allowance	160	204
Recorded Investment	2,189	2,452
Unpaid Principal Balance	2,276	2,539
Related Allowance	160	204
Agriculture
With an allowance recorded: Recorded Investment	367	370
With an allowance recorded: Unpaid Principal Balance	367	370
With an allowance recorded: Related Allowance	38	38
Recorded Investment	367	370
Unpaid Principal Balance	367	370
Related Allowance	38	38
Consumer
With an allowance recorded: Recorded Investment	64	68
With an allowance recorded: Unpaid Principal Balance	64	68
With an allowance recorded: Related Allowance	28	29
Recorded Investment	64	68
Unpaid Principal Balance	64	68
Related Allowance	$ 28	$ 29

6. IMPAIRED AND NONPERFORMING35

6. IMPAIRED AND NONPERFORMING LOANS AND LEASES AND OTHER REAL ESTATE OWNED - Impaired loans and leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Impaired Loans and Leases	$ 19,920	$ 24,567
Interest income recognized on impaired loans and leases	220	298
Commercial
Impaired Loans and Leases	60	757
Interest income recognized on impaired loans and leases	1	2
Real estate-commercial
Impaired Loans and Leases	16,734	19,928
Interest income recognized on impaired loans and leases	185	256
Real estate-multi-family
Impaired Loans and Leases	487	495
Interest income recognized on impaired loans and leases	8	5
Real Estate Residential
Impaired Loans and Leases	2,195	2,854
Interest income recognized on impaired loans and leases	21	31
Agriculture
Impaired Loans and Leases	369	380
Interest income recognized on impaired loans and leases	5	3
Consumer
Impaired Loans and Leases	75	153
Interest income recognized on impaired loans and leases	$ 0	$ 1

7. TROUBLED DEBT RESTRUCTURIN36

7. TROUBLED DEBT RESTRUCTURINGS (Details) - Real estate-commercial $ in Thousands	3 Months Ended
	Mar. 31, 2015USD ($)Integer
Number of Loans \| Integer	2
Pre-Modification Outstanding Recorded Investment	$ 517
Post-Modification Outstanding Recorded Investment	$ 517

8. ALLOWANCE FOR LOAN AND LEA37

8. ALLOWANCE FOR LOAN AND LEASE LOSSES - Internal risk ratings (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Total	$ 297,558	$ 294,298
Real estate-commercial
Total	200,342	199,591
Real estate-multi-family
Total	27,759	23,494
Leases
Total	634	732
Agriculture
Total	2,452	2,431
Commercial
Total	35,648	36,195
Real estate-construction
Total	11,507	14,533
Real Estate Residential
Total	16,620	14,200
Consumer
Total	2,596	3,122
Pass
Total	253,135	249,865
Pass \| Commercial
Total	31,718	32,216
Pass \| Real estate-commercial
Total	173,697	172,755
Pass \| Real estate-multi-family
Total	27,267	23,001
Pass \| Real Estate Construction
Total	2,468	6,371
Pass \| Real Estate Residential
Total	13,596	10,593
Pass \| Leases
Total	634	732
Pass \| Agriculture
Total	2,085	2,061
Pass \| Consumer
Total	1,670	2,136
Watch
Total	30,364	29,893
Watch \| Commercial
Total	1,055	1,073
Watch \| Real estate-commercial
Total	17,215	17,318
Watch \| Real estate-multi-family
Total	491	493
Watch \| Real Estate Construction
Total	9,039	8,162
Watch \| Real Estate Residential
Total	1,826	2,099
Watch \| Leases
Total	0	0
Watch \| Agriculture
Total	367	370
Watch \| Consumer
Total	371	378
Special mention
Total	9,112	9,493
Special mention \| Commercial
Total	0	0
Special mention \| Real estate-commercial
Total	8,290	8,363
Special mention \| Real estate-multi-family
Total	0	0
Special mention \| Real Estate Construction
Total	0	0
Special mention \| Real Estate Residential
Total	390	697
Special mention \| Leases
Total	0	0
Special mention \| Agriculture
Total	0	0
Special mention \| Consumer
Total	432	433
Substandard
Total	4,947	5,047
Substandard \| Commercial
Total	2,875	2,906
Substandard \| Real estate-commercial
Total	1,140	1,155
Substandard \| Real estate-multi-family
Total	0	0
Substandard \| Real Estate Construction
Total	0	0
Substandard \| Real Estate Residential
Total	808	811
Substandard \| Leases
Total	0	0
Substandard \| Agriculture
Total	0	0
Substandard \| Consumer
Total	124	175
Doubtful or loss
Total	0	0
Doubtful or loss \| Commercial
Total	0	0
Doubtful or loss \| Real estate-commercial
Total	0	0
Doubtful or loss \| Real estate-multi-family
Total	0	0
Doubtful or loss \| Real Estate Construction
Total	0	0
Doubtful or loss \| Real Estate Residential
Total	0	0
Doubtful or loss \| Leases
Total	0	0
Doubtful or loss \| Agriculture
Total	0	0
Doubtful or loss \| Consumer
Total	$ 0	$ 0

8. ALLOWANCE FOR LOAN AND LEA38

8. ALLOWANCE FOR LOAN AND LEASE LOSSES - Allowance Roll-forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Allowance for Loan and Lease Losses Beginning balance	$ 4,975	$ 5,301
Provision for loan losses	0	0
Loans charged off	0	(2)
Recoveries	107	9
Allowance for Loan and Lease Losses Ending balance	5,082	5,308
Allowance related to: Loans individually evaluated for impairment	789		$ 899
Allowance related to: Loans collectively evaluated for impairment	4,293		4,076
Loans	297,558		294,298
Loans individually evaluated for impairment	20,951		21,365
Loans collectively evaluated for impairment	276,607		272,933
Commercial
Allowance for Loan and Lease Losses Beginning balance	860	1,430
Provision for loan losses	(81)	(33)
Loans charged off	0	0
Recoveries	34	6
Allowance for Loan and Lease Losses Ending balance	813	1,403
Allowance related to: Loans individually evaluated for impairment	12		25
Allowance related to: Loans collectively evaluated for impairment	801		835
Loans	35,648		36,195
Loans individually evaluated for impairment	93		121
Loans collectively evaluated for impairment	35,555		36,074
Real estate-commercial
Allowance for Loan and Lease Losses Beginning balance	2,369	2,317
Provision for loan losses	143	(34)
Loans charged off	0	0
Recoveries	1	1
Allowance for Loan and Lease Losses Ending balance	2,513	2,284
Allowance related to: Loans individually evaluated for impairment	547		598
Allowance related to: Loans collectively evaluated for impairment	1,966		1,771
Loans	200,342		199,591
Loans individually evaluated for impairment	17,751		17,866
Loans collectively evaluated for impairment	182,591		181,725
Real estate-multi-family
Allowance for Loan and Lease Losses Beginning balance	228	130
Provision for loan losses	42	(10)
Loans charged off	0	0
Recoveries	0	0
Allowance for Loan and Lease Losses Ending balance	270	120
Allowance related to: Loans individually evaluated for impairment	4		5
Allowance related to: Loans collectively evaluated for impairment	266		223
Loans	27,759		23,494
Loans individually evaluated for impairment	487		488
Loans collectively evaluated for impairment	27,271		23,006
Real estate-construction
Allowance for Loan and Lease Losses Beginning balance	813	583
Provision for loan losses	(188)	97
Loans charged off	0	0
Recoveries	0	0
Allowance for Loan and Lease Losses Ending balance	625	680
Allowance related to: Loans individually evaluated for impairment	0		0
Allowance related to: Loans collectively evaluated for impairment	625		813
Loans	11,507		14,533
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	11,507		14,533
Real Estate Residential
Allowance for Loan and Lease Losses Beginning balance	319	399
Provision for loan losses	(21)	(7)
Loans charged off	0	0
Recoveries	0	0
Allowance for Loan and Lease Losses Ending balance	298	392
Allowance related to: Loans individually evaluated for impairment	160		204
Allowance related to: Loans collectively evaluated for impairment	138		115
Loans	16,620		14,200
Loans individually evaluated for impairment	2,189		2,452
Loans collectively evaluated for impairment	14,431		11,748
Leases
Allowance for Loan and Lease Losses Beginning balance	1	2
Provision for loan losses	1	(1)
Loans charged off	0	0
Recoveries	0	0
Allowance for Loan and Lease Losses Ending balance	2	1
Allowance related to: Loans individually evaluated for impairment	0		0
Allowance related to: Loans collectively evaluated for impairment	2		1
Loans	634		732
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	634		732
Agriculture
Allowance for Loan and Lease Losses Beginning balance	77	62
Provision for loan losses	0	(7)
Loans charged off	0	0
Recoveries	0	0
Allowance for Loan and Lease Losses Ending balance	77	55
Allowance related to: Loans individually evaluated for impairment	38		38
Allowance related to: Loans collectively evaluated for impairment	39		39
Loans	2,452		2,431
Loans individually evaluated for impairment	367		370
Loans collectively evaluated for impairment	2,085		2,061
Consumer
Allowance for Loan and Lease Losses Beginning balance	78	124
Provision for loan losses	(85)	8
Loans charged off	0	(2)
Recoveries	72	2
Allowance for Loan and Lease Losses Ending balance	65	132
Allowance related to: Loans individually evaluated for impairment	28		29
Allowance related to: Loans collectively evaluated for impairment	37		49
Loans	2,596		3,122
Loans individually evaluated for impairment	64		68
Loans collectively evaluated for impairment	2,533		3,054
Unallocated
Allowance for Loan and Lease Losses Beginning balance	230	254
Provision for loan losses	189	(13)
Loans charged off	0	0
Recoveries	0	0
Allowance for Loan and Lease Losses Ending balance	419	$ 241
Allowance related to: Loans individually evaluated for impairment	0		0
Allowance related to: Loans collectively evaluated for impairment	419		230
Loans	0		0
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	$ 0		$ 0

8. ALLOWANCE FOR LOAN AND LEA39

8. ALLOWANCE FOR LOAN AND LEASE LOSSES - Aging analysis (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Total Past Due	$ 860	$ 1,593
Current	296,698	292,705
Total Loans	297,558	294,298
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	1,577	1,643
30 -59 Days Past Due
Total Past Due	324	367
60 -89 Days Past Due
Total Past Due	37	359
Past Due Greater Than 90 Days
Total Past Due	499	867
Commercial
Total Past Due	0	30
Current	35,648	36,165
Total Loans	35,648	36,195
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	29	30
Commercial \| 30 -59 Days Past Due
Total Past Due	0	0
Commercial \| 60 -89 Days Past Due
Total Past Due	0	0
Commercial \| Past Due Greater Than 90 Days
Total Past Due	0	30
Real estate-commercial
Total Past Due	823	858
Current	199,519	198,733
Total Loans	200,342	199,591
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	1,478	1,155
Real estate-commercial \| 30 -59 Days Past Due
Total Past Due	324	0
Real estate-commercial \| 60 -89 Days Past Due
Total Past Due	0	359
Real estate-commercial \| Past Due Greater Than 90 Days
Total Past Due	499	499
Real estate-multi-family
Total Past Due	0	0
Current	27,759	23,494
Total Loans	27,759	23,494
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	0	0
Real estate-multi-family \| 30 -59 Days Past Due
Total Past Due	0	0
Real estate-multi-family \| 60 -89 Days Past Due
Total Past Due	0	0
Real estate-multi-family \| Past Due Greater Than 90 Days
Total Past Due	0	0
Real estate-construction
Total Past Due	0	0
Current	11,507	14,533
Total Loans	11,507	14,533
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	0	0
Real estate-construction \| 30 -59 Days Past Due
Total Past Due	0	0
Real estate-construction \| 60 -89 Days Past Due
Total Past Due	0	0
Real estate-construction \| Past Due Greater Than 90 Days
Total Past Due	0	0
Real Estate Residential
Total Past Due	0	338
Current	16,620	13,862
Total Loans	16,620	14,200
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	0	338
Real Estate Residential \| 30 -59 Days Past Due
Total Past Due	0	0
Real Estate Residential \| 60 -89 Days Past Due
Total Past Due	0	0
Real Estate Residential \| Past Due Greater Than 90 Days
Total Past Due	0	338
Leases
Total Past Due	0	0
Current	634	732
Total Loans	634	732
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	0	0
Leases \| 30 -59 Days Past Due
Total Past Due	0	0
Leases \| 60 -89 Days Past Due
Total Past Due	0	0
Leases \| Past Due Greater Than 90 Days
Total Past Due	0	0
Agriculture
Total Past Due	0	0
Current	2,452	2,431
Total Loans	2,452	2,431
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	0	0
Agriculture \| 30 -59 Days Past Due
Total Past Due	0	0
Agriculture \| 60 -89 Days Past Due
Total Past Due	0	0
Agriculture \| Past Due Greater Than 90 Days
Total Past Due	0	0
Consumer
Total Past Due	37	367
Current	2,559	2,755
Total Loans	2,596	3,122
Past Due Greater Than 90 Days and Accruing	0	0
Nonaccrual	70	120
Consumer \| 30 -59 Days Past Due
Total Past Due	0	367
Consumer \| 60 -89 Days Past Due
Total Past Due	37	0
Consumer \| Past Due Greater Than 90 Days
Total Past Due	$ 0	$ 0

9. BORROWING ARRANGEMENTS (Deta

9. BORROWING ARRANGEMENTS (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Borrowing Arrangements
Unsecured short-term borrowing arrangements with two of its correspondent banks	$ 17,000
FHLB advances	$ 11,000	$ 11,000
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate, Minimum	0.75%	0.45%
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate, Maximum	1.91%	1.91%
Remaining amounts available under the borrowing arrangement with the FHLB	$ 77,828	$ 78,326
Secured borrowing agreement with the Federal Reserve Bank of San Francisco	$ 12,514	$ 11,371

11. FAIR VALUE MEASUREMENTS - C

11. FAIR VALUE MEASUREMENTS - Carrying amounts and estimated fair values (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financial assets:
Cash and due from banks	$ 29,257	$ 23,727
Interest-bearing deposits in banks	999	750
Available-for-sale securities	260,818	273,819
Held-to-maturity securities	619	689
FHLB stock	3,779	3,779
Net loans and leases:	295,290	292,444
Accrued interest receivable	1,817	1,885
Deposits:
Noninterest-bearing	188,585	190,548
Savings	59,816	59,061
Money market	129,556	135,186
NOW accounts	62,339	61,324
Time Deposits	84,182	85,165
Short-term borrowings	3,500	3,500
Long-term borrowings	7,547	7,502
Accrued interest payable	47	60
Level 1
Financial assets:
Cash and due from banks	29,257	23,727
Interest-bearing deposits in banks	0	0
Available-for-sale securities	21	24
Held-to-maturity securities	0	0
FHLB stock	0	0
Net loans and leases:	0	0
Accrued interest receivable	0	0
Deposits:
Noninterest-bearing	188,585	190,548
Savings	59,816	59,061
Money market	129,556	135,186
NOW accounts	62,339	61,324
Time Deposits	0	0
Short-term borrowings	3,500	3,500
Long-term borrowings	0	0
Accrued interest payable	0	0
Level 2
Financial assets:
Cash and due from banks	0	0
Interest-bearing deposits in banks	1,001	752
Available-for-sale securities	260,797	273,795
Held-to-maturity securities	619	669
FHLB stock	0	0
Net loans and leases:	0	0
Accrued interest receivable	935	1,077
Deposits:
Noninterest-bearing	0	0
Savings	0	0
Money market	0	0
NOW accounts	0	0
Time Deposits	84,182	85,165
Short-term borrowings	0	0
Long-term borrowings	7,547	7,502
Accrued interest payable	47	60
Level 3
Financial assets:
Cash and due from banks	0	0
Interest-bearing deposits in banks	0	0
Available-for-sale securities	0	0
Held-to-maturity securities	0	0
FHLB stock	0	0
Net loans and leases:	295,290	292,444
Accrued interest receivable	882	808
Deposits:
Noninterest-bearing	0	0
Savings	0	0
Money market	0	0
NOW accounts	0	0
Time Deposits	0	0
Short-term borrowings	0	0
Long-term borrowings	0	0
Accrued interest payable	0	0
Carrying Amount
Financial assets:
Cash and due from banks	29,257	23,727
Interest-bearing deposits in banks	999	750
Available-for-sale securities	260,818	273,819
Held-to-maturity securities	573	623
FHLB stock	3,799	3,779
Net loans and leases:	292,226	289,102
Accrued interest receivable	1,817	1,885
Deposits:
Noninterest-bearing	188,585	190,548
Savings	59,816	59,061
Money market	129,556	135,186
NOW accounts	62,339	61,324
Time Deposits	83,523	84,571
Short-term borrowings	3,500	3,500
Long-term borrowings	7,500	7,500
Accrued interest payable	$ 47	$ 60

11. FAIR VALUE MEASUREMENTS - A

11. FAIR VALUE MEASUREMENTS - Assets and liabilities measured at fair value on recurring and non-recurring basis (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Recurring
Impaired loans:
Total gain (losses)	$ 0	$ 0
Non Recurring
Impaired loans:
Total gain (losses)	(376)	(334)
Recurring \| Fair Value
Available-for-sale securities:
Asset fair value disclosure recurring	260,818	273,819
Recurring \| Level 1
Available-for-sale securities:
Asset fair value disclosure recurring	21	24
Recurring \| Level 2
Available-for-sale securities:
Asset fair value disclosure recurring	260,797	273,795
Recurring \| Level 3
Available-for-sale securities:
Asset fair value disclosure recurring	0	0
US Government Agencies and Sponsored Agencies
Impaired loans:
Total gain (losses)	0	0
US Government Agencies and Sponsored Agencies \| Fair Value
Available-for-sale securities:
Asset fair value disclosure recurring	238,093	246,185
US Government Agencies and Sponsored Agencies \| Level 1
Available-for-sale securities:
Asset fair value disclosure recurring	0	0
US Government Agencies and Sponsored Agencies \| Level 2
Available-for-sale securities:
Asset fair value disclosure recurring	238,093	246,185
US Government Agencies and Sponsored Agencies \| Level 3
Available-for-sale securities:
Asset fair value disclosure recurring	0	0
Corporate Debt securities \| Fair Value
Available-for-sale securities:
Asset fair value disclosure recurring		1,551
Corporate Debt securities \| Level 1
Available-for-sale securities:
Asset fair value disclosure recurring		0
Corporate Debt securities \| Level 2
Available-for-sale securities:
Asset fair value disclosure recurring		1,551
Corporate Debt securities \| Level 3
Available-for-sale securities:
Asset fair value disclosure recurring		0
Obligations of states and political subdivisions
Impaired loans:
Total gain (losses)	0	0
Obligations of states and political subdivisions \| Fair Value
Available-for-sale securities:
Asset fair value disclosure recurring	21,111	26,013
Obligations of states and political subdivisions \| Level 1
Available-for-sale securities:
Asset fair value disclosure recurring	0	0
Obligations of states and political subdivisions \| Level 2
Available-for-sale securities:
Asset fair value disclosure recurring	21,111	26,013
Obligations of states and political subdivisions \| Level 3
Available-for-sale securities:
Asset fair value disclosure recurring	0	0
Corporate bonds
Impaired loans:
Total gain (losses)	0
Corporate bonds \| Fair Value
Available-for-sale securities:
Asset fair value disclosure recurring	1,547
Corporate bonds \| Level 1
Available-for-sale securities:
Asset fair value disclosure recurring	0
Corporate bonds \| Level 2
Available-for-sale securities:
Asset fair value disclosure recurring	1,547
Corporate bonds \| Level 3
Available-for-sale securities:
Asset fair value disclosure recurring	0
Corporate stock
Impaired loans:
Total gain (losses)	0	0
Corporate stock \| Fair Value
Available-for-sale securities:
Asset fair value disclosure recurring	67	70
Corporate stock \| Level 1
Available-for-sale securities:
Asset fair value disclosure recurring	21	24
Corporate stock \| Level 2
Available-for-sale securities:
Asset fair value disclosure recurring	46	46
Corporate stock \| Level 3
Available-for-sale securities:
Asset fair value disclosure recurring	0	0
Real estate-commercial
Impaired loans:
Total gain (losses)	0	(334)
Real estate-commercial \| Fair Value
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	3,875	3,900
Real estate-commercial \| Level 1
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Real estate-commercial \| Level 2
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Real estate-commercial \| Level 3
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	3,875	3,900
Commercial
Impaired loans:
Total gain (losses)	0	0
Commercial \| Fair Value
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	243	2,522
Commercial \| Level 1
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Commercial \| Level 2
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Commercial \| Level 3
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	243	2,522
Land
Impaired loans:
Total gain (losses)	(376)	0
Land \| Fair Value
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	653	1,029
Land \| Level 1
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Land \| Level 2
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Land \| Level 3
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	653	1,029
Non Recurring \| Fair Value
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	4,771	7,451
Non Recurring \| Level 1
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Non Recurring \| Level 2
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	0	0
Non Recurring \| Level 3
Impaired loans:
Assets, Fair Value Disclosure, Nonrecurring	$ 4,771	$ 7,451

2. STOCK-BASED COMPENSATION - Restricted Stock (Details) - Restricted stock	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Restricted Stock Nonvested beginning balance \| shares	57,516
Awarded \| shares	17,833
Less: Vested \| shares	0
Less: Expired, forfeited or cancelled \| shares	0
Restricted Stock Nonvested ending balance \| shares	75,349
Weighted Average Grant Date Fair Value Nonvested beginning balance \| $ / shares	$ 9.21
Awarded \| $ / shares	10.17
Less: Vested \| $ / shares	0
Less: Expired, forfeited or cancelled \| $ / shares	0
Weighted Average Grant Date Fair Value Nonvested ending balance \| $ / shares	$ 9.44