Community West Bancshares 10-Q 4 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 02, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	CENTRAL VALLEY COMMUNITY BANCORP
Entity Central Index Key	1,127,371
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		12,211,670
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 29,943	$ 28,185
Interest-earning deposits in other banks	24,594	10,368
Federal funds sold	48	15
Total cash and cash equivalents	54,585	38,568
Available-for-sale investment securities (Amortized cost of $520,905 at June 30, 2017 and $548,640 at December 31, 2016)	528,127	547,749
Loans, less allowance for credit losses of $9,297 at June 30, 2017 and $9,326 at December 31, 2016	759,691	747,302
Bank premises and equipment, net	9,166	9,407
Bank-owned life insurance	23,489	23,189
Federal Home Loan Bank stock	5,594	5,594
Goodwill	40,311	40,231
Core deposit intangibles	1,289	1,383
Accrued interest receivable and other assets	22,584	29,900
Total assets	1,444,836	1,443,323
Deposits:
Non-interest bearing	481,120	495,815
Interest bearing	764,271	760,164
Total deposits	1,245,391	1,255,979
Short-term borrowings	0	400
Junior subordinated deferrable interest debentures	5,155	5,155
Accrued interest payable and other liabilities	17,123	17,756
Total liabilities	1,267,669	1,279,290
Commitments and contingencies (Note 9)
Shareholders’ equity:
Preferred stock, no par value, $1,000 per share liquidation preference; 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, no par value; 80,000,000 shares authorized; issued and outstanding: 12,211,670 at June 30, 2017 and 12,143,815 at December 31, 2016	72,344	71,645
Retained earnings	100,638	92,904
Accumulated other comprehensive income (loss), net of tax	4,185	(516)
Total shareholders’ equity	177,167	164,033
Total liabilities and shareholders’ equity	$ 1,444,836	$ 1,443,323

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Amortized cost of available-for-sale investment securities,	$ 520,905	$ 548,640
Allowance for credit losses on loans	$ 9,297	$ 9,326
Preferred stock, liquidation preference (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, authorized (in shares)	80,000,000	80,000,000
Common stock, issued (in shares)	12,211,670	12,143,815
Common stock, outstanding (in shares)	12,211,670	12,143,815
Common stock, par value (in dollars per share)	$ 0	$ 0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
INTEREST INCOME:
Interest and fees on loans	$ 10,774	$ 8,363	$ 20,864	$ 16,096
Interest on deposits in other banks	76	65	151	139
Interest and dividends on investment securities:
Taxable	1,443	1,463	2,746	2,986
Exempt from Federal income taxes	1,775	1,575	3,897	3,098
Total interest income	14,068	11,466	27,658	22,319
INTEREST EXPENSE:
Interest on deposits	245	229	490	450
Interest on junior subordinated deferrable interest debentures	36	29	69	58
Other	1	0	5	0
Total interest expense	282	258	564	508
Net interest income before provision for credit losses	13,786	11,208	27,094	21,811
(REVERSAL OF) PROVISION FOR CREDIT LOSSES	(150)	(4,600)	(250)	(4,850)
Net interest income after provision for credit losses	13,936	15,808	27,344	26,661
NON-INTEREST INCOME:
Service charges	829	735	1,627	1,484
Appreciation in cash surrender value of bank-owned life insurance	152	135	300	280
Interchange fees	373	312	697	591
Net realized gains on sales of investment securities	2,157	420	2,639	1,550
Other-than-temporary impairment loss on investment securities	0	0	0	(136)
Federal Home Loan Bank dividends	96	107	224	204
Loan placement fees	156	254	247	445
Other income	333	551	608	800
Total non-interest income	4,096	2,514	6,342	5,218
NON-INTEREST EXPENSES:
Salaries and employee benefits	6,021	5,442	11,876	10,696
Occupancy and equipment	1,211	1,180	2,390	2,387
Professional services	426	289	846	625
Data processing	419	408	843	755
Regulatory assessments	146	192	321	335
ATM/Debit card expenses	171	188	337	310
License and maintenance contracts	256	131	402	263
Directors’ expenses	128	140	357	312
Advertising	160	154	330	313
Internet banking expense	172	166	341	327
Acquisition and integration	455	152	455	152
Amortization of core deposit intangibles	47	34	94	68
Other	1,177	901	2,310	1,810
Total non-interest expenses	10,789	9,377	20,902	18,353
Income before provision for income taxes	7,243	8,945	12,784	13,526
Provision for income taxes	2,295	2,887	3,586	4,065
Net income	$ 4,948	$ 6,058	$ 9,198	$ 9,461
Earnings per common share:
Basic earnings per common share (in dollars per share)	$ 0.41	$ 0.55	$ 0.75	$ 0.86
Weighted average common shares used in basic computation (in shares)	12,207,570	10,970,782	12,187,324	10,962,314
Diluted earnings per common share (in dollars per share)	$ 0.40	$ 0.55	$ 0.75	$ 0.86
Weighted average common shares used in diluted computation (in shares)	12,338,884	11,067,890	12,327,797	11,054,269
Cash dividend per common share (in dollars per share)	$ 0.06	$ 0.06	$ 0.12	$ 0.12

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 4,948	$ 6,058	$ 9,198	$ 9,461
Unrealized gains on securities:
Unrealized holdings gains arising during the period	6,817	9,637	10,752	13,367
Less: reclassification for net gains included in net income	2,157	420	2,639	854
Less: reclassification for other-than-temporary impairment loss included in net income	0		0	(136)
Transfer of investment securities from held-to-maturity to available-for-sale	0		0	2,647
Amortization of net unrealized gains transferred	0	0	0	(64)
Other comprehensive income, before tax	4,660	9,217	8,113	15,232
Tax expense related to items of other comprehensive income	(1,960)	(3,793)	(3,412)	(6,295)
Total other comprehensive income	2,700	5,424	4,701	8,937
Comprehensive income	$ 7,648	$ 11,482	$ 13,899	$ 18,398

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 9,198,000	$ 9,461,000
Adjustments to reconcile net income to net cash provided by operating activities:
Net increase (decrease) in deferred loan fees	208,000	(502,000)
Depreciation	663,000	673,000
Accretion	(377,000)	(614,000)
Amortization	4,531,000	3,856,000
Stock-based compensation	233,000	108,000
Excess tax benefit from exercise of stock options	0	(8,000)
(Reversal of) provision for credit losses	(250,000)	(4,850,000)
Other than temporary impairment losses on investment securities	0	136,000
Net realized gains on sales of available-for-sale investment securities	(2,639,000)	(854,000)
Net realized gains on sales of held-to-maturity securities	0	(696,000)
Increase in bank-owned life insurance, net of expenses	(300,000)	(280,000)
Net decrease (increase) in accrued interest receivable and other assets	2,957,000	(862,000)
Net (decrease) increase in accrued interest payable and other liabilities	(632,000)	2,575,000
Benefit (provision) for deferred income taxes	812,000	(1,117,000)
Net cash provided by operating activities	14,404,000	7,026,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available-for-sale investment securities	(72,010,000)	(86,133,000)
Proceeds from sales or calls of available-for-sale investment securities	75,007,000	63,044,000
Proceeds from sales or calls of held-to-maturity investment securities	0	9,257,000
Proceeds from maturity and principal repayments of available-for-sale investment securities	23,372,000	26,171,000
Net increase in loans	(12,348,000)	(27,299,000)
Purchases of premises and equipment	(422,000)	(123,000)
Net cash provided by (used in) investing activities	13,599,000	(15,083,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in demand, interest bearing and savings deposits	(99,325,000)	3,553,000
Net increase (decrease) in time deposits	88,737,000	(9,409,000)
Repayments of borrowings from other financial institutions	(400,000)	0
Proceeds from exercise of stock options	466,000	161,000
Excess tax benefit from exercise of stock options	0	8,000
Cash dividend payments on common stock	(1,464,000)	(1,321,000)
Net cash used in financing activities	(11,986,000)	(7,008,000)
Increase (decrease) in cash and cash equivalents	16,017,000	(15,065,000)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	38,568,000	94,617,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD	54,585,000	79,552,000
Cash paid during the period for:
Interest	576,000	507,000
Income taxes	870,000	2,340,000
Non-cash investing and financing activities:
Net gain on bank owned life insurance recorded as a receivable	0	188,000
Transfer of securities from held-to-maturity to available-for-sale	0	23,000
Unrealized gain on transfer of securities from held-to-maturity to available-for-sale	$ 0	$ 1,000

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The interim unaudited condensed consolidated financial statements of Central Valley Community Bancorp and subsidiary have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). These interim condensed consolidated financial statements include the accounts of Central Valley Community Bancorp and its wholly owned subsidiary Central Valley Community Bank (the Bank) (collectively, the Company). All significant intercompany accounts and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been omitted. The Company believes that the disclosures are adequate to make the information presented not misleading. These interim unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s 2016 Annual Report to Shareholders on Form 10-K. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the Company’s financial position at June 30, 2017 , and the results of its operations and its cash flows for the six month interim periods ended June 30, 2017 and 2016 have been included. The results of operations for interim periods are not necessarily indicative of results for the full year. The preparation of these interim unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Management has determined that since all of the banking products and services offered by the Company are available in each branch of the Bank, all branches 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 the Bank branches and report them as a single operating segment. No customer accounts for more than 10 percent of revenues for the Company or the Bank. Impact of New Financial Accounting Standards: FASB Accounting Standards Update (ASU) 2016-09 - Revenue from Contracts with Customers (Topic 606): Revenue from Contracts with Customers was issued in May 2014 . This ASU is the result of a joint project initiated by the FASB and the International Accounting Standards Board (IASB) to clarify the principles for recognizing revenue, and to develop common revenue standards and disclosure requirements that would: (1) remove inconsistencies and weaknesses in revenue requirements; (2) provide a more robust framework for addressing revenue issues; (3) improve comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets; (4) provide more useful information to users of financial statements through improved disclosures; and (5) simplify the preparation of financial statements by reducing the number of requirements to which an entity must refer. The guidance affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets. The core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides steps to follow to achieve the core principle. An entity should disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Qualitative and quantitative information is required with regard to contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. This ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods therein, with early adoption permitted for reporting periods beginning after December 15, 2016. The Company plans to adopt ASU 2014-09 on January 1, 2018 utilizing the modified retrospective approach. Since the guidance does not apply to revenue associated with financial instruments such as loans and investments, which are accounted for under other provisions of GAAP, we do not expect it to impact interest income, our largest component of income. The Company is currently performing an overall assessment of revenue streams potentially affected by the ASU, including certain deposit related fees and interchange fees, to determine the potential impact of this guidance on our consolidated financial statements. FASB Accounting Standards Update (ASU) 2016-01 - Financial Instruments - Overall (Subtopic 825-10) : Recognition and Measurement of Financial Assets and Financial Liabilities, was issued January 2016. The main provisions of the update are to eliminate the available-for-sale classification of accounting for equity securities and to adjust the fair value disclosures for financial instruments carried at amortized costs such that the disclosed fair values represent an exit price as opposed to an entry price. The provisions of this update will require that equity securities be carried at fair market value on the balance sheet and any periodic changes in value will be adjustments to the income statement. A practical expedient is provided for equity securities without a readily determinable fair value, such that these securities can be carried at cost less any impairment. ASU No. 2016-01 is effective for interim and annual reporting periods beginning after December 15, 2017. The Company has performed a preliminary evaluation of the provisions of ASU No. 2016-01 and based on this evaluation, has determined that ASU No. 2016-01 is not expected to have a material impact on the Company’s financial position, results of operations or its cash flows. FASB Accounting Standards Update (ASU) 2016-02 - Leases - Overall (Subtopic 845) : was issued February 2016. The update requires all leases, with the exception of short-term leases that have contractual terms of no greater than one year, to be recorded on the balance sheet. Under the provisions of the update, leases classified as operating will be reflected on the balance sheet with the recognition of both a right-of-use asset and a lease liability. Under the update, a distinction will exist between finance and operating type leases and the rules for determining which classification a lease will fall into are similar to existing rules. For public business entities, the amendments of this update are effective for interim and annual periods beginning after December 15, 2018. The update requires a modified retrospective transition under which comparative balance sheets from the earliest historical period presented will be revised to reflect what the financials would have looked like were the provisions of the update applied consistently in all prior periods. The Company is currently evaluating the provisions of ASU No. 2016-02 and has determined that the provisions of ASU No. 2016-02 will result in an increase in assets to recognize the present value of the lease obligations with a corresponding increase in liabilities; however, the Company does not expect this to have a material impact on the Company’s results of operations or cash flows. FASB Accounting Standards Update (ASU) 2016-09 - Compensation - Stock Compensation (Subtopic 718) : Improvements to Employee Share-Based Payment Accounting, was issued March 2016. T his ASU includes provisions intended to simplify various aspects related to how share-based payments are accounted for and presented in the financial statements. Some of the key provisions of this new ASU include: (1) companies will no longer record excess tax benefits and certain tax deficiencies in additional paid-in capital (“APIC”). Instead, they will record all excess tax benefits and tax deficiencies as income tax expense or benefit in the income statement, and APIC pools will be eliminated. The guidance also eliminates the requirement that excess tax benefits be realized before companies can recognize them. In addition, the guidance requires companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity; (2) increase the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation. The new guidance will also require an employer to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on its statement of cash flows (current guidance did not specify how these cash flows should be classified); and (3) permit companies to make an accounting policy election for the impact of forfeitures on the recognition of expense for share-based payment awards. Forfeitures can be estimated, as required today, or recognized when they occur. ASU No. 2016-09 is effective for interim and annual reporting periods beginning after December 15, 2016. Early adoption was permitted, but all of the guidance must be adopted in the same period. Effective January 1, 2017, the Company adopted ASU 2016-09 “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” including the election to continue to treat option forfeitures on an expected basis and to provide cash flow disclosures on a prospective basis. During the three and six months ended June 30, 2017 the adoption of this standard resulted in the recognition of $12,000 and $104,000 , respectively in excess tax benefits related to the exercise of stock options during the period. FASB Accounting Standards Update (ASU) 2016-13 - Measurement of Credit Losses on Financial Instruments (Subtopic 326) : Financial Instruments - Credit Losses, commonly referred to as “CECL,” was issued June 2016. The provisions of the update eliminate the probable initial recognition threshold under current GAAP which requires reserves to be based on an incurred loss methodology. Under CECL, reserves required for financial assets measured at amortized cost will reflect an organization’s estimate of all expected credit losses over the contractual term of the financial asset and thereby require the use of reasonable and supportable forecasts to estimate future credit losses. Because CECL encompasses all financial assets carried at amortized cost, the requirement that reserves be established based on an organization’s reasonable and supportable estimate of expected credit losses extends to held to maturity (“HTM”) debt securities. Under the provisions of the update, credit losses recognized on available for sale (“AFS”) debt securities will be presented as an allowance as opposed to a write-down. In addition, CECL will modify the accounting for purchased loans, with credit deterioration since origination, so that reserves are established at the date of acquisition for purchased loans. Under current GAAP a purchased loan’s contractual balance is adjusted to fair value through a credit discount and no reserve is recorded on the purchased loan upon acquisition. Since under CECL reserves will be established for purchased loans at the time of acquisition, the accounting for purchased loans is made more comparable to the accounting for originated loans. Finally, increased disclosure requirements under CECL require organizations to present the currently required credit quality disclosures disaggregated by the year of origination or vintage. The FASB expects that the evaluation of underwriting standards and credit quality trends by financial statement users will be enhanced with the additional vintage disclosures. For public business entities that are SEC filers, the amendments of the update will become effective beginning January 1, 2020. While the Company is currently evaluating the provisions of ASU No. 2016-13 to determine the potential impact the new standard will have on the Company’s Consolidated Financial Statements, it has taken steps to prepare for the implementation when it becomes effective, such as forming an internal task force, gathering pertinent data, consulting with outside professionals, and evaluating its current IT systems. Management expects to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the first reporting period in which the new standard is effective, but cannot yet estimate the magnitude of the one-time adjustment or the overall impact of the new guidance on the Company’s financial position, results of operations or cash flows. FASB Accounting Standards Update (ASU) 2017-04 - Intangibles Goodwill and Other (Subtopic 350) : Simplifying the Test for Goodwill Impairment, was issued January 2017. The provisions of the update eliminate the existing second step of the goodwill impairment test which provides for the allocation of reporting unit fair value among existing assets and liabilities, with the net leftover amount representing the implied fair value of goodwill. In replacement of the existing goodwill impairment rule, the update will provide that impairment should be recognized as the excess of any of the reporting unit’s goodwill over the fair value of the reporting unit. Under the provisions of this update, the amount of the impairment is limited to the carrying value of the reporting unit’s goodwill. For public business entities that are SEC filers, the amendments of the update will become effective in fiscal years beginning after December 15, 2019. FASB Accounting Standards Update (ASU) 2017-08 - Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20) : Premium Amortization on Purchased Callable Debt Securities, was issued March 2017. The provisions of the update require premiums recognized upon the purchase of callable debt securities to be amortized to the earliest call date in order to avoid losses recognized upon call. For public business entities that are SEC filers the amendments of the update will become effective in fiscal years beginning after December 15, 2018. Management does not expect the requirements of this update to have a material impact on the Company’s financial position, results of operations or cash flows.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS Effective October 1, 2016, the Company acquired Sierra Vista Bank, headquartered in Folsom, California, wherein Sierra Vista Bank, with one branch in Folsom, one branch in Fair Oaks, and one branch in Cameron Park, merged with and into Central Valley Community Bancorp’s subsidiary, Central Valley Community Bank, in a combined cash and stock transaction. Sierra Vista Bank’s assets as of October 1, 2016 totaled approximately $155.154 million. The acquired assets and liabilities were recorded at fair value at the date of acquisition. Under the terms of the merger agreement, the Company issued an aggregate of approximately 1.059 million shares of its common stock and cash totaling approximately $9.469 million to the former shareholders of Sierra Vista Bank. In accordance with GAAP guidance for business combinations, the Company recorded $10.314 million of goodwill and $508,000 of other intangible assets on the acquisition date. The other intangible assets are primarily related to core deposits and are being amortized using a straight-line method over a period of ten years with no significant residual value. For tax purposes, purchase accounting adjustments including goodwill are all non-taxable and/or non-deductible. The fair values of assets acquired and liabilities assumed are subject to adjustment during the first twelve months after the acquisition date if additional information becomes available to indicate a more accurate or appropriate value for an asset or liability. During the six-month period ended June 30, 2017 , the Company determined that a measurement adjustment was appropriate which resulted in an $80,000 increase to goodwill. The acquisition was consistent with the Company’s strategy to build a regional presence in Central California. The acquisition offers the Company the opportunity to increase profitability by introducing existing products and services to the acquired customer base as well as add new customers in the expanded region. Goodwill arising from the acquisition consisted largely of synergies and the cost savings resulting from the combined operations. Pro Forma Results of Operations The following table presents pro forma results of operations information for the periods presented as if the acquisition had occurred on January 1, 2016 after giving effect to certain adjustments. The unaudited pro forma results of operations for the six months ended June 30, 2016 include the historical accounts of the Company and Sierra Vista Bank and pro forma adjustments as may be required, including the amortization of intangibles with definite lives and the amortization or accretion of any premiums or discounts arising from fair value adjustments for assets acquired and liabilities assumed. The pro forma information is intended for informational purposes only and is not necessarily indicative of the Company’s future operating results or operating results that would have occurred had the acquisition been completed at the beginning of 2016. No assumptions have been applied to the pro forma results of operations regarding possible revenue enhancements, expense efficiencies or asset dispositions. (In thousands, except per-share amounts): Pro Forma Results of Operations For the Six Months (In thousands, except per share amounts) 2016 Net interest income $ 25,063 (Reversal of) Provision for credit losses (4,750 ) Non-interest income 5,490 Non-interest expense 21,322 Income before provision for income taxes 13,981 Provision for income taxes 4,271 Net income $ 9,710 Net income available to common shareholders $ 9,710 Basic earnings per common share $ 0.89 Diluted earnings per common share $ 0.88 On April 27, 2017, the Company and Folsom Lake Bank (“Folsom”) jointly announced the execution of a definitive agreement and plan of merger and reorganization whereby Folsom will merge with and into Central Valley Community Bank in a transaction valued at approximately $33.6 million . Shareholders of Folsom will receive a fixed exchange ratio at closing of 0.80 shares of the Company’s common stock for each share of Folsom common stock. Based on the Company’s stock price as of June 30, 2017 , total consideration for each Folsom share would have been $17.95 . On July 12, 2017, the Company issued a press release announcing that the Company and Central Valley Community Bank, have received regulatory approvals from both the FDIC and the California Department of Business Oversight for the merger of Central Valley Community Bank and Folsom. The transaction is subject to the approval of the shareholders of Folsom. Folsom will hold its special shareholder meeting on August 10, 2017. The transaction is expected to be completed on October 1, 2017 pending shareholder approval and the satisfaction of other customary closing conditions. Folsom is headquartered in Folsom, California with approximately $205.9 million in assets at June 30, 2017, with three branches located in Folsom, Rancho Cordova and Roseville, California. As of June 30, 2017, on a pro forma consolidated basis, the combined company would have had approximately $1.7 billion in assets.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair Value Hierarchy Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. In accordance with applicable guidance, the Company groups its assets and liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Valuations within these levels are based upon: Level 1 — Quoted market prices (unadjusted) for identical instruments traded in active exchange markets that the Company has the ability to access as of the measurement date. Level 2 — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable or can be corroborated by observable market data. Level 3 — Model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect the Company’s estimates of assumptions that market participants would use on pricing the asset or liability. Valuation techniques include management judgment and estimation which may be significant. Management monitors the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, we report the transfer at the beginning of the reporting period. The estimated carrying and fair values of the Company’s financial instruments are as follows (in thousands): June 30, 2017 Carrying Amount Fair Value (In thousands) Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 29,943 $ 29,943 $ — $ — $ 29,943 Interest-earning deposits in other banks 24,594 24,594 — — 24,594 Federal funds sold 48 48 — — 48 Available-for-sale investment securities 528,127 7,479 520,648 — 528,127 Loans, net 759,691 — — 770,699 770,699 Federal Home Loan Bank stock 5,594 N/A N/A N/A N/A Accrued interest receivable 6,444 24 3,814 2,606 6,444 Financial liabilities: Deposits 1,245,391 1,110,310 134,775 — 1,245,085 Junior subordinated deferrable interest debentures 5,155 — — 3,350 3,350 Accrued interest payable 133 — 97 36 133 December 31, 2016 Carrying Amount Fair Value (In thousands) Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 28,185 $ 28,185 $ — $ — $ 28,185 Interest-earning deposits in other banks 10,368 10,368 — — 10,368 Federal funds sold 15 15 — — 15 Available-for-sale investment securities 547,749 7,416 540,333 — 547,749 Loans, net 747,302 — — 761,023 761,023 Federal Home Loan Bank stock 5,594 N/A N/A N/A N/A Accrued interest receivable 7,885 26 4,517 3,342 7,885 Financial liabilities: Deposits 1,255,979 1,099,200 156,711 — 1,255,911 Short-term borrowings 400 — 400 — 400 Junior subordinated deferrable interest debentures 5,155 — — 3,235 3,235 Accrued interest payable 144 — 111 33 144 These estimates do not reflect any premium or discount that could result from offering the Company’s 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. These estimates are made at a specific point in time based on relevant market data and information about the financial instruments. Because no market exists for a significant portion of the Company’s 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 methods and assumptions used to estimate fair values are described as follows: (a) Cash and Cash Equivalents — The carrying amounts of cash and due from banks, interest-earning deposits in other banks, and Federal funds sold approximate fair values and are classified as Level 1. (b) Investment Securities — Investment securities in Level 1 are mutual funds and fair values are based on quoted market prices for identical instruments traded in active markets. Fair values for investment securities classified in Level 2 are based on quoted market prices for similar securities in active markets. For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators. (c) Loans — Fair values of loans are estimated as follows: For variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values resulting in a Level 3 classification. Purchased credit impaired (PCI) loans are measured at estimated fair value on the date of acquisition. Carrying value is calculated as the present value of expected cash flows and approximates fair value. Fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality resulting in a Level 3 classification. Impaired loans are initially valued at the lower of cost or fair value. Impaired loans carried at fair value generally receive specific allocations of the allowance for credit losses. For collateral dependent real estate loans, fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. The methods utilized to estimate the fair value of loans do not necessarily represent an exit price. (d) FHLB Stock — It is not practicable to determine the fair value of FHLB stock due to restrictions placed on its transferability. (e) Other real estate owned — OREO is measured at fair value less estimated costs to sell when acquired, establishing a new cost basis. Fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process to adjust for differences between the comparable sales and income data available. The Company records OREO as non-recurring with level 3 measurement inputs. (f) Deposits — Fair value of demand deposit, savings, and money market accounts are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amount), resulting in a Level 1 classification. Fair value for fixed and variable rate certificates of deposit are estimated using discounted cash flow analyses using interest rates offered at each reporting date by the Company for certificates with similar remaining maturities resulting in a Level 2 classification. (g) Short-Term Borrowings — The fair values of the Company’s federal funds purchased, borrowings under repurchase agreements, and other short-term borrowings, generally maturing within ninety days, are based on the market rates for similar types of borrowing arrangements resulting in a Level 2 classification. (h) Other Borrowings — The fair values of the Company’s long-term borrowings are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 2 classification. The fair values of the Company’s Subordinated Debentures are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 3 classification. (i) Accrued Interest Receivable/Payable — The fair value of accrued interest receivable and payable is based on the fair value hierarchy of the related asset or liability. (j) Off-Balance Sheet Instruments — Fair values for off-balance sheet, credit-related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The fair value of commitments is not considered significant for financial reporting purposes. Assets Recorded at Fair Value The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring and non-recurring basis as of June 30, 2017 : Recurring Basis The Company is required or permitted to record the following assets at fair value on a recurring basis as of June 30, 2017 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Available-for-sale securities Debt Securities: U.S. Government agencies $ 64,421 $ — $ 64,421 $ — Obligations of states and political subdivisions 225,010 — 225,010 — U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 191,903 — 191,903 — Private label residential mortgage backed securities 39,314 — 39,314 — Other equity securities 7,479 7,479 — — Total assets measured at fair value on a recurring basis $ 528,127 $ 7,479 $ 520,648 $ — Securities in Level 1 are mutual funds and fair values are based on quoted market prices for identical instruments traded in active markets. Fair values for available-for-sale investment securities in Level 2 are based on quoted market prices for similar securities in active markets. For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators. Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. During the six months ended June 30, 2017 , no transfers between levels occurred. There were no Level 3 assets measured at fair value on a recurring basis at or during the six months ended June 30, 2017 . Also there were no liabilities measured at fair value on a recurring basis at June 30, 2017 . Non-recurring Basis The Company may be required, from time to time, to measure certain assets and liabilities at fair value on a non-recurring basis. These include assets and liabilities that are measured at the lower of cost or fair value that were recognized at fair value which was below cost at June 30, 2017 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Assets: Other repossessed assets $ 194 $ — $ — $ 194 Total assets measured at fair value on a non-recurring basis $ 194 $ — $ — $ 194 At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value generally receive specific allocations of the allowance for credit losses. For collateral dependent real estate loans, fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. The fair value of impaired loans is based on the fair value of the collateral. Impaired loans were determined to be collateral dependent and categorized as Level 3 due to ongoing real estate market conditions resulting in inactive market data, which in turn required the use of unobservable inputs and assumptions in fair value measurements. Impaired loans evaluated under the discounted cash flow method are excluded from the table above. The discounted cash flow methods as prescribed by ASC Topic 310 is not a fair value measurement since the discount rate utilized is the loan’s effective interest rate which is not a market rate. There were no changes in valuation techniques used during the six month period ended June 30, 2017 . Appraisals for collateral-dependent impaired loans are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value is compared with independent data sources such as recent market data or industry-wide statistics. As of June 30, 2017 no impaired loans were required to be reported at fair value. During the six months ended June 30, 2017 , specific allocation for the allowance for credit losses related to loans carried at fair value was $0 compared to $263,000 during 2016 related to loans carried at fair value. There were no charge-offs related to loans carried at fair value during the six months ended June 30, 2017 and 2016 . Activity related to changes in the allowance for loan losses related to impaired loans for the three months ended June 30, 2017 and 2016 was not considered significant for disclosure purposes. At June 30, 2017 , other repossessed assets were recorded at their estimated fair value of $194,000 . Write downs related to other repossessed assets for the three and six months ended June 30, 2017 and 2016 were not significant for disclosure purposes. There were no liabilities measured at fair value on a non-recurring basis at June 30, 2017 . The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring and nonrecurring basis as of December 31, 2016 : Recurring Basis The Company is required or permitted to record the following assets at fair value on a recurring basis as of December 31, 2016 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Available-for-sale securities Debt Securities: U.S. Government agencies $ 68,970 $ — $ 68,970 $ — Obligations of states and political subdivisions 290,299 — 290,299 — U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 178,221 — 178,221 — Private label residential mortgage backed securities 2,843 — 2,843 — Other equity securities 7,416 7,416 — — Total assets measured at fair value on a recurring basis $ 547,749 $ 7,416 $ 540,333 $ — Securities in Level 1 are mutual funds and fair values are based on quoted market prices for identical instruments traded in active markets. Fair values for available-for-sale investment securities in Level 2 are based on quoted market prices for similar securities in active markets. For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators. Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. During the year ended December 31, 2016 , no transfers between levels occurred. There were no Level 3 assets measured at fair value on a recurring basis at or during the year ended December 31, 2016 . Also there were no liabilities measured at fair value on a recurring basis at December 31, 2016 . Non-recurring Basis The Company may be required, from time to time, to measure certain assets and liabilities at fair value on a non-recurring basis. These include assets and liabilities that are measured at the lower of cost or fair value that were recognized at fair value which was below cost at December 31, 2016 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Impaired loans: Consumer: Equity loans and lines of credit $ 47 $ — $ — $ 47 Total impaired loans 47 — — 47 Other repossessed assets 362 — — 362 Total assets measured at fair value on a non-recurring basis $ 409 $ — $ — $ 409 At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value generally receive specific allocations of the allowance for credit losses. For collateral dependent loans, fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. The fair value of impaired loans is based on the fair value of the collateral. Impaired loans were determined to be collateral dependent and categorized as Level 3 due to ongoing real estate market conditions resulting in inactive market data, which in turn required the use of unobservable inputs and assumptions in fair value measurements. Impaired loans evaluated under the discounted cash flow method are excluded from the table above. The discounted cash flow method as prescribed by ASC Topic 310 is not a fair value measurement since the discount rate utilized is the loan’s effective interest rate which is not a market rate. There were no changes in valuation techniques used during the year ended December 31, 2016 . Appraisals for collateral-dependent impaired loans are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value is compared with independent data sources such as recent market data or industry-wide statistics. Impaired loans that are measured for impairment using the fair value of the collateral for collateral dependent loans, had a principal balance of $62,000 with a valuation allowance of $15,000 at December 31, 2016 , resulting in fair value of $47,000 . The valuation allowance represents specific allocations for the allowance for credit losses for impaired loans. During the year ended December 31, 2016 specific allocation for the allowance for credit losses related to loans carried at fair value was $15,000 . During the year ended December 31, 2016 , there was no net charge-offs related to loans carried at fair value. There were no liabilities measured at fair value on a non-recurring basis at December 31, 2016 .

Investments

Investments	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Investments	Investments The investment portfolio consists primarily of U.S. Government sponsored entity and agency securities collateralized by residential mortgage obligations, private label residential mortgage backed securities (PLRMBS), and obligations of states and political subdivisions securities. As of June 30, 2017 , $105,320,000 of these securities were held as collateral for borrowing arrangements, public funds, and for other purposes. The fair value of the available-for-sale investment portfolio reflected a net unrealized gain of $7,222,000 at June 30, 2017 compared to an unrealized loss of $891,000 at December 31, 2016 . The unrealized gain recorded is net of $3,037,000 and $(375,000) in tax liabilities (benefits) as accumulated other comprehensive income within shareholders’ equity at June 30, 2017 and December 31, 2016 , respectively. The following table sets forth the carrying values and estimated fair values of our investment securities portfolio at the dates indicated (in thousands): June 30, 2017 Available-for-Sale Securities Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: U.S. Government agencies $ 63,921 $ 531 $ (31 ) $ 64,421 Obligations of states and political subdivisions 217,112 8,506 (608 ) 225,010 U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 193,644 696 (2,437 ) 191,903 Private label mortgage backed securities 38,728 1,022 (436 ) 39,314 Other equity securities 7,500 — (21 ) 7,479 Total available-for-sale $ 520,905 $ 10,755 $ (3,533 ) $ 528,127 December 31, 2016 Available-for-Sale Securities Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: U.S. Government agencies $ 69,005 $ 242 $ (277 ) $ 68,970 Obligations of states and political subdivisions 288,543 6,109 (4,353 ) 290,299 U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 181,785 484 (4,048 ) 178,221 Private label mortgage backed securities 1,807 1,036 — 2,843 Other equity securities 7,500 — (84 ) 7,416 Total available-for-sale $ 548,640 $ 7,871 $ (8,762 ) $ 547,749 Proceeds and gross realized gains (losses) from the sales or calls of investment securities for the periods ended June 30, 2017 and 2016 are shown below (in thousands): For the Three Months Ended June 30, For the Six Months Available-for-Sale Securities 2017 2016 2017 2016 Proceeds from sales or calls $ 50,085 $ 37,690 $ 75,007 $ 63,044 Gross realized gains from sales or calls 2,659 426 3,391 971 Gross realized losses from sales or calls (502 ) (6 ) (752 ) (117 ) For the Three Months Ended June 30, For the Six Months Held-to-Maturity Securities 2017 2016 2017 2016 Proceeds from sales or calls $ — $ — $ — $ 9,257 Gross realized gains from sales or calls — — — 696 During 2014, to better manage our interest rate risk, the Company transferred from available-for-sale to held-to-maturity selected municipal securities in our portfolio having a book value of approximately $31 million , a market value of approximately $32 million , and a net unrecognized gain of approximately $163,000 . This transfer was completed after careful consideration of our intent and ability to hold these securities to maturity. During the first quarter of 2016, management sold certain investment securities of which management identified that five of the 13 securities sold were previously designated as held-to-maturity (HTM). Through an oversight during the portfolio restructuring analysis related to this transaction, management unintentionally sold these five HTM securities. The book value of the HTM securities sold was $8.5 million . The gain realized on the sale of the HTM securities was $696,000 . As such, management was required to reclassify the remaining HTM securities with a fair value of $23.1 million to the available-for-sale designation. Losses recognized in 2017 and 2016 were incurred in order to reposition the investment securities portfolio based on the current rate environment. The securities which were sold at a loss were acquired when the rate environment was not as volatile. As market interest rates or risks associated with a security's issuer continue to change and impact the actual or perceived values of investment securities, management may determine that selling these securities and using proceeds to purchase securities that fit with the Company’s current risk profile is appropriate and beneficial to the Company. The provision for income taxes includes $1,110,000 and $351,000 income tax impact from the reclassification of unrealized net gains on securities to realized net gains on securities for the six months ended June 30, 2017 and 2016 , respectively. The provision for income taxes includes $907,000 and $173,000 income tax impact from the reclassification of unrealized net gains on available-for-sale securities to realized net gains on available-for-sale securities for the three months ended June 30, 2017 and 2016 , respectively. Investment securities, aggregated by investment category, with unrealized losses as of the dates indicated are summarized and classified according to the duration of the loss period as follows (in thousands): June 30, 2017 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available-for-Sale Securities Value Losses Value Losses Value Losses Debt securities: U.S. Government agencies $ — $ — $ 10,867 $ (31 ) $ 10,867 $ (31 ) Obligations of states and political subdivisions 28,805 (608 ) — — 28,805 (608 ) U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 86,116 (1,922 ) 30,622 (515 ) 116,738 (2,437 ) Private label residential mortgage backed securities 36,674 (436 ) — — 36,674 (436 ) Other equity securities 7,479 (21 ) — — 7,479 (21 ) Total available-for-sale $ 159,074 $ (2,987 ) $ 41,489 $ (546 ) $ 200,563 $ (3,533 ) December 31, 2016 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available-for-Sale Securities Value Losses Value Losses Value Losses Debt securities: U.S. Government agencies $ 34,586 $ (198 ) $ 10,438 $ (79 ) $ 45,024 $ (277 ) Obligations of states and political subdivisions 122,522 (4,353 ) — — 122,522 (4,353 ) U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 118,719 (3,866 ) 7,666 (182 ) 126,385 (4,048 ) Other equity securities 7,416 (84 ) — — 7,416 (84 ) Total available-for-sale $ 283,243 $ (8,501 ) $ 18,104 $ (261 ) $ 301,347 $ (8,762 ) We periodically evaluate each investment security for other-than-temporary impairment, relying primarily on industry analyst reports, observation of market conditions and interest rate fluctuations. The portion of the impairment that is attributable to a shortage in the present value of expected future cash flows relative to the amortized cost should be recorded as a current period charge to earnings. The discount rate in this analysis is the original yield expected at time of purchase. As of June 30, 2017, the Company performed an analysis of the investment portfolio to determine whether any of the investments held in the portfolio had an other-than-temporary impairment (OTTI). Management evaluated all individual available-for-sale investment securities with an unrealized loss at June 30, 2017 and identified those that had an unrealized loss for at least a consecutive 12 month period, which had an unrealized loss at June 30, 2017 greater than 10% of the recorded book value on that date, or which had an unrealized loss of more than $10,000. Management also analyzed any securities that may have been downgraded by credit rating agencies. For those bonds that met the evaluation criteria, management obtained and reviewed the most recently published national credit ratings for those bonds. For those bonds that were obligations of states and political subdivisions with an investment grade rating by the rating agencies, management also evaluated the financial condition of the municipality and any applicable municipal bond insurance provider and concluded during March 2016 that a $136,000 credit related impairment related to one security with a fair value of $2,995,000 and a pre-impairment amortized cost of $3,131,000 existed. The Company recorded an other-than-temporary impairment loss of $136,000 during the six months ended June 30, 2016 . There were no OTTI losses recorded during the six months ended June 30, 2017 . There were no OTTI losses recorded during the three months ended June 30, 2016 . U.S. Government Agencies At June 30, 2017 , the Company held 18 U.S. Government agency securities, of which none were in a loss position for less than 12 months and three were in a loss position or had been in a loss position for 12 months or more. The unrealized losses on the Company’s investments in direct obligations of U.S. government agencies were caused by interest rate changes. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized costs of the investment. Because the decline in market value is attributable to changes in interest rates and not credit quality, and because the Company has the ability and intent to hold, and it is more likely than not that it will not be required to sell, those investments until a recovery of fair value, which may be the maturity date, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2017 . Obligations of States and Political Subdivisions At June 30, 2017 , the Company held 131 obligations of states and political subdivision securities of which 11 were in a loss position for less than 12 months and none were in a loss position or had been in a loss position for 12 months or more. The unrealized losses on the Company’s investments in obligations of states and political subdivision securities were caused by interest rate changes. Because the decline in market value is attributable to changes in interest rates and not credit quality, and because the Company has the ability to hold and does not intend to sell, and it is more likely than not that it will not be required to sell those investments until a recovery of fair value, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2017. U.S. Government Sponsored Entities and Agencies Collateralized by Residential Mortgage Obligations At June 30, 2017 , the Company held 145 U.S. Government sponsored entity and agency securities collateralized by residential mortgage obligations of which 31 were in a loss position for less than 12 months and 16 have been in a loss position for more than 12 months. The unrealized losses on the Company’s investments in U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations were caused by interest rate changes. The contractual cash flows of those investments are guaranteed by an agency or sponsored entity of the U.S. Government. Accordingly, it is expected that the securities would not be settled at a price less than the amortized cost of the Company’s investment. Because the decline in market value is attributable to changes in interest rates and not credit quality, and because the Company has the ability to hold and does not intend to sell, and it is more likely than not that it will not be required to sell those investments until a recovery of fair value, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2017 . Private Label Mortgage Backed Securities At June 30, 2017 , the Company had a total of 21 PLMBS with a remaining principal balance of $38,728,000 and a net unrealized gain of approximately $586,000 . Ten of these PLMBS with a remaining principal balance of $1,460,000 had credit ratings below investment grade. Seven of the PLMBS securities were in a loss position for less than 12 months at June 30, 2017 . Because the decline in market value is attributable to changes in interest rates and not credit quality, and because the Company has the ability and intent to hold, and it is more likely than not that it will not be required to sell, those investments until a recovery of fair value, which may be the maturity date, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2017 . The Company continues to monitor these securities for indications that declines in value, if any, may be other-than-temporary. Other Equity Securities At June 30, 2017 , the Company had one mutual fund equity investment which had an unrealized loss of $21,000 at June 30, 2017 . The equity investment was in a loss position for less than 12 months at June 30, 2017 . The following tables provide a roll forward for the six month periods ended June 30, 2017 and 2016 of investment securities credit losses recorded in earnings. The beginning balance represents the credit loss component for which OTTI occurred on debt securities in prior periods. Additions represent the first time a debt security was credit impaired or when subsequent credit impairments have occurred on securities for which OTTI credit losses have been previously recognized. For the Three Months For the Six Months (In thousands) 2017 2016 2017 2016 Beginning balance $ 874 $ 883 $ 874 $ 747 Amounts related to credit loss for which an OTTI charge was not previously recognized — — — 136 Increases to the amount related to credit loss for which OTTI was previously recognized — — — — Realized gain for securities sold — (9 ) — (9 ) Ending balance $ 874 $ 874 $ 874 $ 874 The amortized cost and estimated fair value of available-for-sale investment securities at June 30, 2017 by contractual maturity is shown below (in thousands). 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. June 30, 2017 Available-for-Sale Securities Amortized Cost Estimated Fair Value Within one year $ 908 $ 925 After one year through five years 14,955 15,287 After five years through ten years 39,209 40,256 After ten years 162,040 168,542 217,112 225,010 Investment securities not due at a single maturity date: U.S. Government agencies 63,921 64,421 U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 193,644 191,903 Private label mortgage backed securities 38,728 39,314 Other equity securities 7,500 7,479 Total available-for-sale $ 520,905 $ 528,127

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans and Allowance For Credit Losses	Loans and Allowance for Credit Losses Outstanding loans are summarized as follows: Loan Type (Dollars in thousands) June 30, 2017 % of Total Loans December 31, 2016 % of Total Loans Commercial: Commercial and industrial $ 88,218 11.5 % $ 88,652 11.7 % Agricultural land and production 23,480 3.1 % 25,509 3.4 % Total commercial 111,698 14.6 % 114,161 15.1 % Real estate: Owner occupied 185,302 24.1 % 191,665 25.3 % Real estate construction and other land loans 74,887 9.7 % 69,200 9.1 % Commercial real estate 212,130 27.6 % 184,225 24.3 % Agricultural real estate 76,988 10.0 % 86,761 11.5 % Other real estate 19,288 2.5 % 18,945 2.7 % Total real estate 568,595 73.9 % 550,796 72.9 % Consumer: Equity loans and lines of credit 60,509 8.0 % 64,494 8.5 % Consumer and installment 27,101 3.5 % 25,910 3.5 % Total consumer 87,610 11.5 % 90,404 12.0 % Net deferred origination costs 1,085 1,267 Total gross loans 768,988 100.0 % 756,628 100.0 % Allowance for credit losses (9,297 ) (9,326 ) Total loans $ 759,691 $ 747,302 At June 30, 2017 and December 31, 2016 , loans originated under Small Business Administration (SBA) programs totaling $19,833,000 and $16,590,000 , respectively, were included in the real estate and commercial categories, of which, $14,496,000 or 73% and $12,188,000 or 73% , respectively, are secured by government guarantees. Purchased Credit Impaired Loans The Company has loans that were acquired in acquisitions for which there was at acquisition evidence of deterioration of credit quality since origination, and for which it was probable at acquisition that all contractually required payments would not be collected. The carrying amount of those loans is included in the balance sheet amounts of loans receivable at June 30, 2017 and December 31, 2016 . The amounts of loans at June 30, 2017 and December 31, 2016 are as follows (in thousands): June 30, 2017 December 31, 2016 Commercial $ 441 $ 612 Outstanding balance $ 441 $ 612 Carrying amount, net of allowance of $0 $ 441 $ 612 Purchased credit impaired (PCI) loans are recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan losses. The Company estimates the amount and timing of expected cash flows for each loan and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan (accretable yield). The excess of the loan’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Loans acquired during each year for which it was probable at acquisition that all contractually required payments would not be collected are as follows (in thousands): June 30, 2017 December 31, 2016 Contractually required payments receivable on PCI loans at acquisition: Commercial $ — $ 982 Total $ — $ 982 Cash flows expected to be collected at acquisition $ — $ 693 Fair value of acquired loans at acquisition $ — $ 631 Certain of the loans acquired by the Company that are within the scope of Topic ASC 310-30 are not accounted for using the income recognition model of the Topic because the Company cannot reliably estimate cash flows expected to be collected. The carrying amounts of such loans (which are included in the carrying amount, net of allowance, described above) are as follows. June 30, 2017 December 31, 2016 Loans acquired during the year $ — $ 631 Loans at the end of the period $ 441 $ 612 Allowance for Credit Losses The allowance for credit losses (the “Allowance”) is a valuation allowance for probable incurred credit losses in the Company’s loan portfolio. The Allowance is established through a provision for credit losses which is charged to expense. Additions to the Allowance are expected to maintain the adequacy of the total Allowance after credit losses and loan growth. Credit exposures determined to be uncollectible are charged against the Allowance. Cash received on previously charged-off credits is recorded as a recovery to the Allowance. The overall Allowance consists of two primary components, specific reserves related to impaired loans and general reserves for probable incurred losses related to loans that are not impaired. For all portfolio segments, the determination of the general reserve for loans that are not impaired is based on estimates made by management, including but not limited to, consideration of historical losses by portfolio segment (and in certain cases peer data) over the most recent 20 quarters, and qualitative factors including economic trends in the Company’s service areas, industry experience and trends, geographic concentrations, estimated collateral values, the Company’s underwriting policies, the character of the loan portfolio, and probable losses inherent in the portfolio taken as a whole. The following table shows the summary of activities for the Allowance as of and for the three months ended June 30, 2017 and 2016 by portfolio segment (in thousands): Commercial Real Estate Consumer Unallocated Total Allowance for credit losses: Beginning balance, April 01, 2017 $ 2,021 $ 6,225 $ 775 $ 193 $ 9,214 (Reversal) provision charged to operations (7 ) (346 ) 19 184 (150 ) Losses charged to allowance — — (27 ) — (27 ) Recoveries 182 52 26 — 260 Ending balance, June 30, 2017 $ 2,196 $ 5,931 $ 793 $ 377 $ 9,297 Allowance for credit losses: Beginning balance, April 1, 2016 $ 3,743 $ 5,281 $ 894 $ 218 $ 10,136 (Reversal) provision charged to operations (4,673 ) (56 ) 55 74 (4,600 ) Losses charged to allowance — — (105 ) — (105 ) Recoveries 3,902 435 104 — 4,441 Ending balance, June 30, 2016 $ 2,972 $ 5,660 $ 948 $ 292 $ 9,872 The following table shows the summary of activities for the allowance for loan losses as of and for the six months ended June 30, 2017 and 2016 by portfolio segment of loans (in thousands): Commercial Real Estate Consumer Unallocated Total Allowance for credit losses: Beginning balance, January 1, 2017 $ 2,180 $ 6,200 $ 852 $ 94 $ 9,326 (Reversal) provision charged to operations (244 ) (304 ) 15 283 (250 ) Losses charged to allowance (44 ) (22 ) (144 ) — (210 ) Recoveries 304 57 70 — 431 Ending balance, June 30, 2017 $ 2,196 $ 5,931 $ 793 $ 377 $ 9,297 Allowance for credit losses: Beginning balance, January 1, 2016 $ 3,562 $ 5,204 $ 734 $ 110 $ 9,610 (Reversal) provision charged to operations (4,825 ) (395 ) 188 182 (4,850 ) Losses charged to allowance (4 ) — (114 ) — (118 ) Recoveries 4,239 851 140 — 5,230 Ending balance, June 30, 2016 $ 2,972 $ 5,660 $ 948 $ 292 $ 9,872 The following is a summary of the Allowance by impairment methodology and portfolio segment as of June 30, 2017 and December 31, 2016 (in thousands): Commercial Real Estate Consumer Unallocated Total Allowance for credit losses: Ending balance, June 30, 2017 $ 2,196 $ 5,931 $ 793 $ 377 $ 9,297 Ending balance: individually evaluated for impairment $ 1 $ 29 $ 46 $ — $ 76 Ending balance: collectively evaluated for impairment $ 2,195 $ 5,902 $ 747 $ 377 $ 9,221 Ending balance, December 31, 2016 $ 2,180 $ 6,200 $ 852 $ 94 $ 9,326 Ending balance: individually evaluated for impairment $ 3 $ 241 $ 63 $ — $ 307 Ending balance: collectively evaluated for impairment $ 2,177 $ 5,959 $ 789 $ 94 $ 9,019 Commercial Real Estate Consumer Total Loans: Ending balance, June 30, 2017 $ 111,698 $ 568,595 $ 87,610 $ 767,903 Ending balance: individually evaluated for impairment $ 427 $ 5,248 $ 207 $ 5,882 Ending balance: collectively evaluated for impairment $ 111,271 $ 563,347 $ 87,403 $ 762,021 Loans: Ending balance, December 31, 2016 $ 114,161 $ 550,796 $ 90,404 $ 755,361 Ending balance: individually evaluated for impairment $ 487 $ 4,238 $ 544 $ 5,269 Ending balance: collectively evaluated for impairment $ 113,674 $ 546,558 $ 89,860 $ 750,092 The following table shows the loan portfolio by class allocated by management’s internal risk ratings at June 30, 2017 (in thousands): Pass Special Mention Sub-Standard Doubtful Total Commercial: Commercial and industrial $ 70,941 $ 8,516 $ 8,761 $ — $ 88,218 Agricultural land and production 14,952 8,461 67 — 23,480 Real Estate: Owner occupied 177,269 5,151 2,882 — 185,302 Real estate construction and other land loans 71,081 1,890 1,916 — 74,887 Commercial real estate 208,130 1,533 2,467 — 212,130 Agricultural real estate 47,246 7,790 21,952 — 76,988 Other real estate 19,288 — — — 19,288 Consumer: Equity loans and lines of credit 59,185 512 812 — 60,509 Consumer and installment 27,099 — 2 — 27,101 Total $ 695,191 $ 33,853 $ 38,859 $ — $ 767,903 The following table shows the loan portfolio by class allocated by management’s internally assigned risk grade ratings at December 31, 2016 (in thousands): Pass Special Mention Sub-Standard Doubtful Total Commercial: Commercial and industrial $ 75,212 $ 907 $ 12,533 $ — $ 88,652 Agricultural land and production 16,562 8,681 266 — 25,509 Real Estate: Owner occupied 184,987 2,865 3,813 — 191,665 Real estate construction and other land loans 62,538 5,259 1,403 — 69,200 Commercial real estate 179,966 1,548 2,711 — 184,225 Agricultural real estate 49,270 10,390 27,101 — 86,761 Other real estate 18,779 166 — — 18,945 Consumer: Equity loans and lines of credit 62,782 95 1,617 — 64,494 Consumer and installment 25,890 — 20 — 25,910 Total $ 675,986 $ 29,911 $ 49,464 $ — $ 755,361 The following table shows an aging analysis of the loan portfolio by class and the time past due at June 30, 2017 (in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days Accruing Non-accrual Commercial: Commercial and industrial $ — $ — $ — $ — $ 88,218 $ 88,218 $ — $ 404 Agricultural land and production — — — — 23,480 23,480 — — Real estate: — — — — Owner occupied — — — — 185,302 185,302 — — Real estate construction and other land loans — — — — 74,887 74,887 — 1,459 Commercial real estate — — — — 212,130 212,130 — 1,029 Agricultural real estate — — — — 76,988 76,988 — — Other real estate — — — — 19,288 19,288 — — Consumer: — — — Equity loans and lines of credit — — — — 60,509 60,509 — 207 Consumer and installment 32 — — 32 27,069 27,101 — — Total $ 32 $ — $ — $ 32 $ 767,871 $ 767,903 $ — $ 3,099 The following table shows an aging analysis of the loan portfolio by class and the time past due at December 31, 2016 (in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days Accruing Non- accrual Commercial: Commercial and industrial $ — $ — $ — $ — $ 88,652 $ 88,652 $ — $ 447 Agricultural land and production — — — — 25,509 25,509 — — Real estate: — Owner occupied 87 — — 87 191,578 191,665 — 107 Real estate construction and other land loans — — — — 69,200 69,200 — — Commercial real estate 565 — — 565 183,660 184,225 — 1,082 Agricultural real estate — — — — 86,761 86,761 — — Other real estate — — — — 18,945 18,945 — — Consumer: Equity loans and lines of credit 62 48 — 110 64,384 64,494 — 526 Consumer and installment 38 — — 38 25,872 25,910 — 18 Total $ 752 $ 48 $ — $ 800 $ 754,561 $ 755,361 $ — $ 2,180 The following table shows information related to impaired loans by class at June 30, 2017 (in thousands): Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial: Commercial and industrial $ 404 $ 585 $ — Real estate: Real estate construction and other land loans 1,459 1,495 — Commercial real estate 1,841 2,080 — Total real estate 3,300 3,575 — Consumer: Equity loans and lines of credit 161 215 — Total with no related allowance recorded 3,865 4,375 — With an allowance recorded: Commercial: Commercial and industrial 23 23 1 Real estate: Real estate construction and other land loans 1,889 1,889 28 Agricultural real estate 59 59 1 Total real estate 1,948 1,948 29 Consumer: Equity loans and lines of credit 46 46 46 Total with an allowance recorded 2,017 2,017 76 Total $ 5,882 $ 6,392 $ 76 The recorded investment in loans excludes accrued interest receivable and net loan origination fees, due to immateriality. The following table shows information related to impaired loans by class at December 31, 2016 (in thousands): Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial: Commercial and industrial $ 447 $ 612 $ — Total commercial 447 612 — Real estate: Owner occupied 107 111 — Commercial real estate 827 967 — Total real estate 934 1,078 — Consumer: Equity loans and lines of credit 167 234 — Consumer and installment 6 9 — Total consumer 173 243 — Total with no related allowance recorded 1,554 1,933 — With an allowance recorded: Commercial: Commercial and industrial 40 40 3 Real estate: Real estate construction and other land loans 2,222 2,222 79 Commercial real estate 1,082 1,146 162 Total real estate 3,304 3,368 241 Consumer: Equity loans and lines of credit 359 364 61 Consumer and installment 12 12 2 Total consumer 371 376 63 Total with an allowance recorded 3,715 3,784 307 Total $ 5,269 $ 5,717 $ 307 The recorded investment in loans excludes accrued interest receivable and net loan origination fees, due to immateriality. The following tables present by class, information related to the average recorded investment and interest income recognized on impaired loans for the three months ended June 30, 2017 and 2016 . Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Commercial and industrial $ 418 $ — $ 33 $ — Real estate: Owner occupied — — 162 51 Real estate construction and other land loans 1,478 — 2,901 14 Commercial real estate 1,332 13 995 — Total real estate 2,810 13 4,058 65 Consumer: Equity loans and lines of credit 133 — 902 — Consumer and installment — — 10 — Total consumer 133 — 912 — Total with no related allowance recorded 3,361 13 5,003 65 With an allowance recorded: Commercial: Commercial and industrial 23 — 1,032 1 Real estate: Owner occupied — — 173 — Real estate construction and other land loans 2,026 31 — — Commercial real estate 525 — 553 — Agricultural real estate 58 1 — — Total real estate 2,609 32 726 — Consumer: Equity loans and lines of credit 56 1 126 — Consumer and installment — — — — Total consumer 56 1 126 — Total with an allowance recorded 2,688 33 1,884 1 Total $ 6,049 $ 46 $ 6,887 $ 66 Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Commercial and industrial $ 429 $ — $ 149 $ — Agricultural land and production — — — — Total commercial 429 — 149 — Real estate: Owner occupied 45 — 212 106 Real estate construction and other land loans 844 — 2,988 28 Commercial real estate 1,115 27 1,065 — Agricultural real estate — — — — Other real estate — — — — Total real estate 2,004 27 4,265 134 Consumer: Equity loans and lines of credit 124 — 1,065 — Consumer and installment 2 — 5 — Total consumer 126 — 1,070 — Total with no related allowance recorded 2,559 27 5,484 134 With an allowance recorded: Commercial: Commercial and industrial 30 1 638 1 Agricultural land and production — — — — Total commercial 30 1 638 1 Real estate: Owner occupied — — 175 — Real estate construction and other land loans 2,101 60 — — Commercial real estate 759 — 559 — Agricultural real estate 34 1 — — Other real estate — — — — Total real estate 2,894 61 734 — Consumer: Equity loans and lines of credit 126 1 152 — Consumer and installment 2 — 5 — Total consumer 128 1 157 — Total with an allowance recorded 3,052 63 1,529 1 Total $ 5,611 $ 90 $ 7,013 $ 135 Foregone interest on nonaccrual loans totaled $105,000 and $124,000 for the six month periods ended June 30, 2017 and 2016 , respectively. Foregone interest on nonaccrual loans totaled $15,000 and $100,000 for the three month periods ended June 30, 2017 and 2016 , respectively. Troubled Debt Restructurings: As of June 30, 2017 and December 31, 2016 , the Company has a recorded investment in troubled debt restructurings of $2,847,000 and $3,109,000 , respectively. The Company has allocated $30,000 and $82,000 of specific reserves to loans whose terms have been modified in troubled debt restructurings as of June 30, 2017 and December 31, 2016 , respectively. The Company has committed to lend no additional amounts as of June 30, 2017 to customers with outstanding loans that are classified as troubled debt restructurings. During the six month period ended June 30, 2017 two loans were modified as troubled debt restructurings. The modification of the terms of such loans included one or a combination of the following: a reduction of the stated interest rate of the loan or an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk. During the same period, there were no troubled debt restructurings in which the amount of principal or accrued interest owed from the borrower was forgiven or which resulted in a charge-off or change to the allowance for loan losses. The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ended June 30, 2017 (in thousands): Troubled Debt Restructurings: Number of Loans Pre-Modification Outstanding Recorded Investment (1) Principal Modification (2) Post Modification Outstanding Recorded Investment (3) Outstanding Recorded Investment Real Estate: Agricultural real estate 1 $ 59 $ — $ 59 $ 59 Consumer: Equity loans and lines of credit 1 62 — 66 64 Total 2 $ 121 $ — $ 125 $ 123 (1) Amounts represent the recorded investment in loans before recognizing effects of the TDR, if any. (2) Principal Modification includes principal forgiveness at the time of modification, contingent principal forgiveness granted over the life of the loan based on borrower performance, and principal that has been legally separated and deferred to the end of the loan, with zero percent contractual interest rate. (3) Balance outstanding after principal modification, if any borrower reduction to recorded investment. The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ended June 30, 2016 (in thousands): Troubled Debt Restructurings: Number of Loans Pre-Modification Outstanding Recorded Investment (1) Principal Modification (2) Post Modification Outstanding Recorded Investment (3) Outstanding Recorded Investment Commercial: Commercial and Industrial 2 $ 45 $ — $ 45 $ 44 During the quarter ended June 30, 2017 and 2016 no loans were modified as troubled debt restructuring. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. There were no defaults on troubled debt restructurings, within twelve months following the modification, during the six months ended June 30, 2017 or June 30, 2016 .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Business combinations involving the Company’s acquisition of the equity interests or net assets of another enterprise give rise to goodwill. Total goodwill at June 30, 2017 was $40,311,000 consisting of $14,643,000 , $8,934,000 , $6,340,000 , and $10,394,000 representing the excess of the cost of Service 1 st Bancorp, Bank of Madera County, Visalia Community Bank, and Sierra Vista Bank respectively, over the net amounts assigned to assets acquired and liabilities assumed in the transactions accounted for under the purchase method of accounting. The value of goodwill is ultimately derived from the Company’s ability to generate net earnings after the acquisitions and is not deductible for tax purposes. T he fair values of assets acquired and liabilities assumed are subject to adjustment during the first twelve months after the acquisition date if additional information becomes available to indicate a more accurate or appropriate value for an asset or liability. A decline in net earnings could be indicative of a decline in the fair value of goodwill and result in impairment. For that reason, goodwill is assessed at least annually for impairment. The Company has selected September 30 as the date to perform the annual impairment test. As of September 30, 2016, management assessed qualitative factors including performance trends and noted no factors indicating goodwill impairment. Goodwill is also tested for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the Company below its carrying amount. No such events or circumstances arose during the first six months of 2017 . The intangible assets at June 30, 2017 represent the estimated fair value of the core deposit relationships acquired in the acquisition of Sierra Vista Bank in 2016 of $508,000 and the 2013 acquisition of Visalia Community Bank of $1,365,000 . Core deposit intangibles are being amortized by the straight-line method (which approximates the effective interest method) over an estimated life of ten years from the date of acquisition. The carrying value of intangible assets at June 30, 2017 was $1,289,000 net of $584,000 in accumulated amortization expense. Management evaluates the remaining useful lives quarterly to determine whether events or circumstances warrant a revision to the remaining periods of amortization. Based on the evaluation, no changes to the remaining useful lives was required in the second quarter of 2017 . Management performed an annual impairment test on core deposit intangibles as of September 30, 2016 and determined no impairment was necessary. Amortization expense recognized was $94,000 and $68,000 for the six month periods ended June 30, 2017 and 2016 , respectively. Amortization expense recognized was $47,000 and $34,000 for the three month periods ended June 30, 2017 and 2016 , respectively. The following table summarizes the Company’s estimated remaining core deposit intangible amortization expense for each of the next five years (in thousands): Years Ending Estimated Core Deposit Intangible Amortization 2017 $ 95 2018 188 2019 188 2020 188 2021 188 Thereafter 442 $ 1,289

Borrowing Arrangements

Borrowing Arrangements	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
Borrowing Arrangements	Borrowing Arrangements As of June 30, 2017 and December 31, 2016 , the Company had no Federal Home Loan Bank (FHLB) of San Francisco advances. FHLB advances are secured under the standard credit and securities-backed credit programs. Investment securities with amortized costs totaling $467,000 and $584,000 , and market values totaling $509,000 and $637,000 at June 30, 2017 and December 31, 2016 , respectively, were pledged under the securities-backed credit program. The Bank’s credit limit varies according to the amount and composition of the investment and loan portfolios pledged as collateral. As of June 30, 2017 , the Company had no Federal funds purchased. The Company had $400,000 in Federal funds purchased on December 31, 2016 .

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company files its income taxes on a consolidated basis with its subsidiary. The allocation of income tax expense (benefit) represents each entity’s proportionate share of the consolidated provision for income taxes. Deferred tax assets and liabilities are recognized for the tax consequences of temporary differences between the reported amounts of assets and liabilities and their tax bases. 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 sheets, net deferred tax assets are included in accrued interest receivable and other assets. The Company establishes a tax valuation allowance when it is more likely than not that a recorded tax benefit is not expected to be fully realized. The expense to create the tax valuation allowance is recorded as an additional income tax expense in the period the tax valuation allowance is created. Effective January 1, 2017, the Company adopted ASU 2016-09 “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” which resulted in the recognition of $12,000 and $104,000 in excess tax benefits related to the exercise of stock options during the three and six months ended June 30, 2017 . Accounting for uncertainty in income taxes - 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 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 as a component of tax expense in the consolidated statements of income. As of June 30, 2017 and December 31, 2016 , the reserve for uncertain tax positions attributable to tax deductions related to enterprise zone activities in California was $197,000 and $286,000 , respectively. The Company does not expect the total amount of unrecognized tax benefits to significantly increase or decrease in the next 12 months.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, the Company is a party to financial instruments with off-balance sheet risk. These financial instruments include commitments to extend credit and standby letters of credit . These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheets. The contract or notional amounts of these instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for loans. Commitments to extend credit amounting to $311,416,000 and $259,415,000 were outstanding at June 30, 2017 and December 31, 2016 , respectively. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract unless waived by the Bank. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Included in commitments to extend credit are undisbursed lines of credit totaling $310,621,000 and $257,557,000 at June 30, 2017 and December 31, 2016 , respectively. Undisbursed lines of credit include credits whereby customers can repay principal and request principal advances during the term of the loan at their discretion and most expire between one and 12 months . Included in undisbursed lines of credit are commitments for the undisbursed portions of construction loans totaling $80,727,000 and $43,208,000 as of June 30, 2017 and December 31, 2016 , respectively. These commitments are agreements to lend to customers, subject to meeting certain construction progress requirements established in the contracts. The underlying construction loans have fixed expiration dates. Standby letters of credit and financial guarantees amounting to $795,000 and $1,858,000 were outstanding at June 30, 2017 and December 31, 2016 , respectively. Standby letters of credit and financial guarantees are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support private borrowing arrangements. Most standby letters of credit and guarantees carry a one year term or less. The fair value of the liability related to these standby letters of credit, which represents the fees received for their issuance, was not significant at June 30, 2017 or December 31, 2016 . The Company recognizes these fees as revenue over the term of the commitment or when the commitment is used. The Company generally requires collateral or other security to support financial instruments with credit risk. Management does not anticipate any material loss will result from the outstanding commitments to extend credit, standby letters of credit and financial guarantees. At June 30, 2017 and December 31, 2016 , the balance of a contingent allocation for probable loan loss experience on unfunded obligations was $225,000 and $125,000 , respectively. The contingent allocation for probable loan loss experience on unfunded obligations is calculated by management using an appropriate, systematic, and consistently applied process. While related to credit losses, this allocation is not a part of the allowance for credit losses and is considered separately as a liability for accounting and regulatory reporting purposes, and is included in Other Liabilities on the Company’s balance sheet. The Company is subject to legal proceedings and claims which arise in the ordinary course of business. In the opinion of management, the amount of ultimate liability with respect to such actions will not materially affect the consolidated financial position or consolidated results of operations of the Company.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share (EPS), which excludes dilution, is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options, stock appreciation rights settled in stock or restricted stock awards, result in the issuance of common stock which shares in the earnings of the Company. A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows: Basic Earnings Per Share For the Three Months For the Six Months (In thousands, except share and per share amounts) 2017 2016 2017 2016 Net Income $ 4,948 $ 6,058 $ 9,198 $ 9,461 Less: Preferred stock dividends and accretion — — — — Net income available to common shareholders $ 4,948 $ 6,058 $ 9,198 $ 9,461 Weighted average shares outstanding 12,207,570 10,970,782 12,187,324 10,962,314 Basic earnings per share $ 0.41 $ 0.55 $ 0.75 $ 0.86 Diluted Earnings Per Share For the Three Months For the Six Months (In thousands, except share and per share amounts) 2017 2016 2017 2016 Net income available to common shareholders $ 4,948 $ 6,058 $ 9,198 $ 9,461 Weighted average shares outstanding 12,207,570 10,970,782 12,187,324 10,962,314 Effect of dilutive stock options 131,314 97,108 140,473 91,955 Weighted average shares of common stock and common stock equivalents 12,338,884 11,067,890 12,327,797 11,054,269 Diluted earnings per share $ 0.40 $ 0.55 $ 0.75 $ 0.86 No outstanding options or restricted stock awards were anti-dilutive for the six months ended June 30, 2017 . Outstanding options and restricted stock of 8,850 were not factored into the calculation of dilutive stock options for the six months ended June 30, 2016 , because they were anti-dilutive. During the three-month periods ended June 30, 2017 and 2016 no options or restricted stock awards were anti-dilutive.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation The Company has three share-based compensation plans as described below. Share-based compensation cost recognized for those plans was $233,000 and $108,000 for the six months ended June 30, 2017 and 2016 , respectively. For the quarters ended June 30, 2017 and 2016 , share-based compensation was $30,000 and $55,000 , respectively. The recognized tax benefits for the share-based compensation expense and exercise of stock options, resulted in the recognition of $104,000 and $28,000 , respectively, for the six month periods ended June 30, 2017 and 2016 . For the quarters ended June 30, 2017 and 2016 , recognized tax benefits were $10,000 and $3,000 , respectively. The Company adopted ASU 2016-09 “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” during the six months ended June 30, 2017 . The Central Valley Community Bancorp 2000 Stock Option Plan (2000 Plan) expired on November 15, 2010. The Central Valley Community Bancorp 2005 Omnibus Incentive Plan (2005 Plan) was adopted in May 2005 and expired March 16, 2015. The Central Valley Community Bancorp 2015 Omnibus Incentive Plan (2015 Plan) was adopted in May 2015. The plan provides for awards in the form of incentive stock options, non-statutory stock options, stock appreciation rights, and restricted stock. The plan also allows for performance awards that may be in the form of cash or shares of the Company, including restricted stock. Outstanding arrangements to issue shares under this plan including options, will continue in force until expiration according to their respective terms. Effective June 2, 2017, the Company adopted an Employee Stock Purchase Plan (ESPP) whereby our employees may purchase Company common stock through payroll deductions of between one percent and 15 percent of pay in each pay period. Shares are purchased at end of the six -month offering period at a 10 percent discount from the closing market price on the last day of each offering period. The Company has reserved 500,000 common shares to be set aside for for the ESPP, and there were 500,000 shares available for future purchase under the plan as of June 30, 2017 . Stock Option Plan The Company bases the fair value of the options granted on the date of grant using a Black-Scholes Merton option pricing model that uses assumptions based on expected option life and the level of estimated forfeitures, expected stock volatility, risk free interest rate, and dividend yield. The expected term and level of estimated forfeitures of the Company’s options are based on the Company’s own historical experience. Stock volatility is based on the historical volatility of the Company’s stock. The risk-free rate is based on the U. S. Treasury yield curve for the periods within the contractual life of the options in effect at the time of grant. The compensation cost for options granted is based on the weighted average grant date fair value per share. No options to purchase shares of the Company’s common stock were granted during the six month periods ended June 30, 2017 and 2016 . A summary of the combined activity of the Company’s stock option compensation plans for the six month periods ended June 30, 2017 follows (in thousands, except per share amounts): Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (In thousands) Options outstanding at January 1, 2017 202,215 $ 6.87 Options exercised (68,965 ) $ 6.75 Options forfeited (1,380 ) $ 8.02 Options outstanding at June 30, 2017 131,870 $ 6.92 4.07 $ 2,010 Options vested or expected to vest at June 30, 2017 131,070 $ 6.91 3.93 $ 1,998 Options exercisable at June 30, 2017 118,140 $ 6.79 4.06 $ 1,816 Information related to the stock option plan is as follows (in thousands): For the Six Months 2017 2016 Intrinsic value of options exercised $ 951 $ 126 Cash received from options exercised $ 466 $ 161 For the Three Months Ended June 30, For the Six Months 2017 2016 2017 2016 Excess tax benefit realized for option exercises $ 10 $ 3 104 $ 8 As of June 30, 2017 , there was $7,000 of total unrecognized compensation cost related to nonvested stock options granted under all plans. The cost is expected to be recognized over a weighted average period of 0.20 years. No options vested during the six months ended June 30, 2017 and 2016 . Restricted Common Stock Awards The 2005 Plan and 2015 Plan provide for the issuance of restricted common stock to directors and officers. Restricted common stock grants typically vest over a five -year period. Restricted common stock (all of which are shares of our common stock) is subject to forfeiture if employment terminates prior to vesting. The cost of these awards is recognized over the vesting period of the awards based on the fair value of our common stock on the date of the grant. The following table summarizes restricted stock activity for the six month period ended June 30, 2017 as follows: Shares Weighted Average Grant-Date Fair Value Nonvested outstanding shares at January 1, 2017 93,501 $ 13.35 Granted — $ — Vested (11,205 ) $ 12.66 Forfeited (1,110 ) $ 13.86 Nonvested outstanding shares at June 30, 2017 81,186 $ 13.44 There were no grants of restricted stock during the quarter ended June 30, 2017 or 2016. During the six -month period ended June 30, 2017 , no shares of restricted common stock were issued from outstanding grants under the 2005 and 2015 Plans. During the six -month period ended June 30, 2016 , 8,850 shares of restricted common stock were issued from outstanding grants under the 2005 Plan. The restricted common stock had a fair market value of $11.30 per share on the date of issuance. These restricted common stock awards vest 20% after Year 1, and thereafter, 20% of the remaining restricted stock will vest on each anniversary of the initial award commencement date and will be fully vested on the fifth such anniversary. As of June 30, 2017 , there were 81,186 shares of restricted stock that are nonvested and expected to vest. As of June 30, 2017 , there was $812,000 of total unrecognized compensation cost related to nonvested restricted common stock awards. Restricted stock compensation expense is recognized on a straight-line basis over the vesting period. This cost is expected to be recognized over a weighted-average remaining period of 3.28 years and will be adjusted for subsequent changes in estimated forfeitures. Restricted common stock awards had an intrinsic value of $1,799,000 at June 30, 2017 .

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 19, 2017, the board of directors declared a $0.06 per share cash dividend payable on August 18, 2017 to shareholders of record as of August 4, 2017.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting	The interim unaudited condensed consolidated financial statements of Central Valley Community Bancorp and subsidiary have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). These interim condensed consolidated financial statements include the accounts of Central Valley Community Bancorp and its wholly owned subsidiary Central Valley Community Bank (the Bank) (collectively, the Company). All significant intercompany accounts and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been omitted. The Company believes that the disclosures are adequate to make the information presented not misleading. These interim unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s 2016 Annual Report to Shareholders on Form 10-K. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the Company’s financial position at June 30, 2017 , and the results of its operations and its cash flows for the six month interim periods ended June 30, 2017 and 2016 have been included. The results of operations for interim periods are not necessarily indicative of results for the full year. The preparation of these interim unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Segment Reporting	Management has determined that since all of the banking products and services offered by the Company are available in each branch of the Bank, all branches 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 the Bank branches and report them as a single operating segment.
Concentration of Credit Risk	No customer accounts for more than 10 percent of revenues for the Company or the Bank.
Impact of New Financial Accounting Standards	Impact of New Financial Accounting Standards: FASB Accounting Standards Update (ASU) 2016-09 - Revenue from Contracts with Customers (Topic 606): Revenue from Contracts with Customers was issued in May 2014 . This ASU is the result of a joint project initiated by the FASB and the International Accounting Standards Board (IASB) to clarify the principles for recognizing revenue, and to develop common revenue standards and disclosure requirements that would: (1) remove inconsistencies and weaknesses in revenue requirements; (2) provide a more robust framework for addressing revenue issues; (3) improve comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets; (4) provide more useful information to users of financial statements through improved disclosures; and (5) simplify the preparation of financial statements by reducing the number of requirements to which an entity must refer. The guidance affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets. The core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides steps to follow to achieve the core principle. An entity should disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Qualitative and quantitative information is required with regard to contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. This ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods therein, with early adoption permitted for reporting periods beginning after December 15, 2016. The Company plans to adopt ASU 2014-09 on January 1, 2018 utilizing the modified retrospective approach. Since the guidance does not apply to revenue associated with financial instruments such as loans and investments, which are accounted for under other provisions of GAAP, we do not expect it to impact interest income, our largest component of income. The Company is currently performing an overall assessment of revenue streams potentially affected by the ASU, including certain deposit related fees and interchange fees, to determine the potential impact of this guidance on our consolidated financial statements. FASB Accounting Standards Update (ASU) 2016-01 - Financial Instruments - Overall (Subtopic 825-10) : Recognition and Measurement of Financial Assets and Financial Liabilities, was issued January 2016. The main provisions of the update are to eliminate the available-for-sale classification of accounting for equity securities and to adjust the fair value disclosures for financial instruments carried at amortized costs such that the disclosed fair values represent an exit price as opposed to an entry price. The provisions of this update will require that equity securities be carried at fair market value on the balance sheet and any periodic changes in value will be adjustments to the income statement. A practical expedient is provided for equity securities without a readily determinable fair value, such that these securities can be carried at cost less any impairment. ASU No. 2016-01 is effective for interim and annual reporting periods beginning after December 15, 2017. The Company has performed a preliminary evaluation of the provisions of ASU No. 2016-01 and based on this evaluation, has determined that ASU No. 2016-01 is not expected to have a material impact on the Company’s financial position, results of operations or its cash flows. FASB Accounting Standards Update (ASU) 2016-02 - Leases - Overall (Subtopic 845) : was issued February 2016. The update requires all leases, with the exception of short-term leases that have contractual terms of no greater than one year, to be recorded on the balance sheet. Under the provisions of the update, leases classified as operating will be reflected on the balance sheet with the recognition of both a right-of-use asset and a lease liability. Under the update, a distinction will exist between finance and operating type leases and the rules for determining which classification a lease will fall into are similar to existing rules. For public business entities, the amendments of this update are effective for interim and annual periods beginning after December 15, 2018. The update requires a modified retrospective transition under which comparative balance sheets from the earliest historical period presented will be revised to reflect what the financials would have looked like were the provisions of the update applied consistently in all prior periods. The Company is currently evaluating the provisions of ASU No. 2016-02 and has determined that the provisions of ASU No. 2016-02 will result in an increase in assets to recognize the present value of the lease obligations with a corresponding increase in liabilities; however, the Company does not expect this to have a material impact on the Company’s results of operations or cash flows. FASB Accounting Standards Update (ASU) 2016-09 - Compensation - Stock Compensation (Subtopic 718) : Improvements to Employee Share-Based Payment Accounting, was issued March 2016. T his ASU includes provisions intended to simplify various aspects related to how share-based payments are accounted for and presented in the financial statements. Some of the key provisions of this new ASU include: (1) companies will no longer record excess tax benefits and certain tax deficiencies in additional paid-in capital (“APIC”). Instead, they will record all excess tax benefits and tax deficiencies as income tax expense or benefit in the income statement, and APIC pools will be eliminated. The guidance also eliminates the requirement that excess tax benefits be realized before companies can recognize them. In addition, the guidance requires companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity; (2) increase the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation. The new guidance will also require an employer to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on its statement of cash flows (current guidance did not specify how these cash flows should be classified); and (3) permit companies to make an accounting policy election for the impact of forfeitures on the recognition of expense for share-based payment awards. Forfeitures can be estimated, as required today, or recognized when they occur. ASU No. 2016-09 is effective for interim and annual reporting periods beginning after December 15, 2016. Early adoption was permitted, but all of the guidance must be adopted in the same period. Effective January 1, 2017, the Company adopted ASU 2016-09 “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” including the election to continue to treat option forfeitures on an expected basis and to provide cash flow disclosures on a prospective basis. During the three and six months ended June 30, 2017 the adoption of this standard resulted in the recognition of $12,000 and $104,000 , respectively in excess tax benefits related to the exercise of stock options during the period. FASB Accounting Standards Update (ASU) 2016-13 - Measurement of Credit Losses on Financial Instruments (Subtopic 326) : Financial Instruments - Credit Losses, commonly referred to as “CECL,” was issued June 2016. The provisions of the update eliminate the probable initial recognition threshold under current GAAP which requires reserves to be based on an incurred loss methodology. Under CECL, reserves required for financial assets measured at amortized cost will reflect an organization’s estimate of all expected credit losses over the contractual term of the financial asset and thereby require the use of reasonable and supportable forecasts to estimate future credit losses. Because CECL encompasses all financial assets carried at amortized cost, the requirement that reserves be established based on an organization’s reasonable and supportable estimate of expected credit losses extends to held to maturity (“HTM”) debt securities. Under the provisions of the update, credit losses recognized on available for sale (“AFS”) debt securities will be presented as an allowance as opposed to a write-down. In addition, CECL will modify the accounting for purchased loans, with credit deterioration since origination, so that reserves are established at the date of acquisition for purchased loans. Under current GAAP a purchased loan’s contractual balance is adjusted to fair value through a credit discount and no reserve is recorded on the purchased loan upon acquisition. Since under CECL reserves will be established for purchased loans at the time of acquisition, the accounting for purchased loans is made more comparable to the accounting for originated loans. Finally, increased disclosure requirements under CECL require organizations to present the currently required credit quality disclosures disaggregated by the year of origination or vintage. The FASB expects that the evaluation of underwriting standards and credit quality trends by financial statement users will be enhanced with the additional vintage disclosures. For public business entities that are SEC filers, the amendments of the update will become effective beginning January 1, 2020. While the Company is currently evaluating the provisions of ASU No. 2016-13 to determine the potential impact the new standard will have on the Company’s Consolidated Financial Statements, it has taken steps to prepare for the implementation when it becomes effective, such as forming an internal task force, gathering pertinent data, consulting with outside professionals, and evaluating its current IT systems. Management expects to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the first reporting period in which the new standard is effective, but cannot yet estimate the magnitude of the one-time adjustment or the overall impact of the new guidance on the Company’s financial position, results of operations or cash flows. FASB Accounting Standards Update (ASU) 2017-04 - Intangibles Goodwill and Other (Subtopic 350) : Simplifying the Test for Goodwill Impairment, was issued January 2017. The provisions of the update eliminate the existing second step of the goodwill impairment test which provides for the allocation of reporting unit fair value among existing assets and liabilities, with the net leftover amount representing the implied fair value of goodwill. In replacement of the existing goodwill impairment rule, the update will provide that impairment should be recognized as the excess of any of the reporting unit’s goodwill over the fair value of the reporting unit. Under the provisions of this update, the amount of the impairment is limited to the carrying value of the reporting unit’s goodwill. For public business entities that are SEC filers, the amendments of the update will become effective in fiscal years beginning after December 15, 2019. FASB Accounting Standards Update (ASU) 2017-08 - Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20) : Premium Amortization on Purchased Callable Debt Securities, was issued March 2017. The provisions of the update require premiums recognized upon the purchase of callable debt securities to be amortized to the earliest call date in order to avoid losses recognized upon call. For public business entities that are SEC filers the amendments of the update will become effective in fiscal years beginning after December 15, 2018. Management does not expect the requirements of this update to have a material impact on the Company’s financial position, results of operations or cash flows.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Pro Forma Results of Operations	The pro forma information is intended for informational purposes only and is not necessarily indicative of the Company’s future operating results or operating results that would have occurred had the acquisition been completed at the beginning of 2016. No assumptions have been applied to the pro forma results of operations regarding possible revenue enhancements, expense efficiencies or asset dispositions. (In thousands, except per-share amounts): Pro Forma Results of Operations For the Six Months (In thousands, except per share amounts) 2016 Net interest income $ 25,063 (Reversal of) Provision for credit losses (4,750 ) Non-interest income 5,490 Non-interest expense 21,322 Income before provision for income taxes 13,981 Provision for income taxes 4,271 Net income $ 9,710 Net income available to common shareholders $ 9,710 Basic earnings per common share $ 0.89 Diluted earnings per common share $ 0.88

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Estimated Fair Value of Financial Instruments	The estimated carrying and fair values of the Company’s financial instruments are as follows (in thousands): June 30, 2017 Carrying Amount Fair Value (In thousands) Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 29,943 $ 29,943 $ — $ — $ 29,943 Interest-earning deposits in other banks 24,594 24,594 — — 24,594 Federal funds sold 48 48 — — 48 Available-for-sale investment securities 528,127 7,479 520,648 — 528,127 Loans, net 759,691 — — 770,699 770,699 Federal Home Loan Bank stock 5,594 N/A N/A N/A N/A Accrued interest receivable 6,444 24 3,814 2,606 6,444 Financial liabilities: Deposits 1,245,391 1,110,310 134,775 — 1,245,085 Junior subordinated deferrable interest debentures 5,155 — — 3,350 3,350 Accrued interest payable 133 — 97 36 133 December 31, 2016 Carrying Amount Fair Value (In thousands) Level 1 Level 2 Level 3 Total Financial assets: Cash and due from banks $ 28,185 $ 28,185 $ — $ — $ 28,185 Interest-earning deposits in other banks 10,368 10,368 — — 10,368 Federal funds sold 15 15 — — 15 Available-for-sale investment securities 547,749 7,416 540,333 — 547,749 Loans, net 747,302 — — 761,023 761,023 Federal Home Loan Bank stock 5,594 N/A N/A N/A N/A Accrued interest receivable 7,885 26 4,517 3,342 7,885 Financial liabilities: Deposits 1,255,979 1,099,200 156,711 — 1,255,911 Short-term borrowings 400 — 400 — 400 Junior subordinated deferrable interest debentures 5,155 — — 3,235 3,235 Accrued interest payable 144 — 111 33 144
Fair Value of Assets on a Recurring Basis	The Company is required or permitted to record the following assets at fair value on a recurring basis as of June 30, 2017 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Available-for-sale securities Debt Securities: U.S. Government agencies $ 64,421 $ — $ 64,421 $ — Obligations of states and political subdivisions 225,010 — 225,010 — U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 191,903 — 191,903 — Private label residential mortgage backed securities 39,314 — 39,314 — Other equity securities 7,479 7,479 — — Total assets measured at fair value on a recurring basis $ 528,127 $ 7,479 $ 520,648 $ — The Company is required or permitted to record the following assets at fair value on a recurring basis as of December 31, 2016 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Available-for-sale securities Debt Securities: U.S. Government agencies $ 68,970 $ — $ 68,970 $ — Obligations of states and political subdivisions 290,299 — 290,299 — U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 178,221 — 178,221 — Private label residential mortgage backed securities 2,843 — 2,843 — Other equity securities 7,416 7,416 — — Total assets measured at fair value on a recurring basis $ 547,749 $ 7,416 $ 540,333 $ —
Fair Value of Assets on a Non-recurring Basis	The Company may be required, from time to time, to measure certain assets and liabilities at fair value on a non-recurring basis. These include assets and liabilities that are measured at the lower of cost or fair value that were recognized at fair value which was below cost at December 31, 2016 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Impaired loans: Consumer: Equity loans and lines of credit $ 47 $ — $ — $ 47 Total impaired loans 47 — — 47 Other repossessed assets 362 — — 362 Total assets measured at fair value on a non-recurring basis $ 409 $ — $ — $ 409 The Company may be required, from time to time, to measure certain assets and liabilities at fair value on a non-recurring basis. These include assets and liabilities that are measured at the lower of cost or fair value that were recognized at fair value which was below cost at June 30, 2017 (in thousands). Description Fair Value Level 1 Level 2 Level 3 Assets: Other repossessed assets $ 194 $ — $ — $ 194 Total assets measured at fair value on a non-recurring basis $ 194 $ — $ — $ 194

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities reconciliation	The following table sets forth the carrying values and estimated fair values of our investment securities portfolio at the dates indicated (in thousands): June 30, 2017 Available-for-Sale Securities Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: U.S. Government agencies $ 63,921 $ 531 $ (31 ) $ 64,421 Obligations of states and political subdivisions 217,112 8,506 (608 ) 225,010 U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 193,644 696 (2,437 ) 191,903 Private label mortgage backed securities 38,728 1,022 (436 ) 39,314 Other equity securities 7,500 — (21 ) 7,479 Total available-for-sale $ 520,905 $ 10,755 $ (3,533 ) $ 528,127 December 31, 2016 Available-for-Sale Securities Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Debt securities: U.S. Government agencies $ 69,005 $ 242 $ (277 ) $ 68,970 Obligations of states and political subdivisions 288,543 6,109 (4,353 ) 290,299 U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 181,785 484 (4,048 ) 178,221 Private label mortgage backed securities 1,807 1,036 — 2,843 Other equity securities 7,500 — (84 ) 7,416 Total available-for-sale $ 548,640 $ 7,871 $ (8,762 ) $ 547,749
Realized gains and losses	Proceeds and gross realized gains (losses) from the sales or calls of investment securities for the periods ended June 30, 2017 and 2016 are shown below (in thousands): For the Three Months Ended June 30, For the Six Months Available-for-Sale Securities 2017 2016 2017 2016 Proceeds from sales or calls $ 50,085 $ 37,690 $ 75,007 $ 63,044 Gross realized gains from sales or calls 2,659 426 3,391 971 Gross realized losses from sales or calls (502 ) (6 ) (752 ) (117 ) For the Three Months Ended June 30, For the Six Months Held-to-Maturity Securities 2017 2016 2017 2016 Proceeds from sales or calls $ — $ — $ — $ 9,257 Gross realized gains from sales or calls — — — 696
Securities in a continuous unrealized loss position	Investment securities, aggregated by investment category, with unrealized losses as of the dates indicated are summarized and classified according to the duration of the loss period as follows (in thousands): June 30, 2017 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available-for-Sale Securities Value Losses Value Losses Value Losses Debt securities: U.S. Government agencies $ — $ — $ 10,867 $ (31 ) $ 10,867 $ (31 ) Obligations of states and political subdivisions 28,805 (608 ) — — 28,805 (608 ) U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 86,116 (1,922 ) 30,622 (515 ) 116,738 (2,437 ) Private label residential mortgage backed securities 36,674 (436 ) — — 36,674 (436 ) Other equity securities 7,479 (21 ) — — 7,479 (21 ) Total available-for-sale $ 159,074 $ (2,987 ) $ 41,489 $ (546 ) $ 200,563 $ (3,533 ) December 31, 2016 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available-for-Sale Securities Value Losses Value Losses Value Losses Debt securities: U.S. Government agencies $ 34,586 $ (198 ) $ 10,438 $ (79 ) $ 45,024 $ (277 ) Obligations of states and political subdivisions 122,522 (4,353 ) — — 122,522 (4,353 ) U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 118,719 (3,866 ) 7,666 (182 ) 126,385 (4,048 ) Other equity securities 7,416 (84 ) — — 7,416 (84 ) Total available-for-sale $ 283,243 $ (8,501 ) $ 18,104 $ (261 ) $ 301,347 $ (8,762 )
Credit losses recorded in earnings	The following tables provide a roll forward for the six month periods ended June 30, 2017 and 2016 of investment securities credit losses recorded in earnings. The beginning balance represents the credit loss component for which OTTI occurred on debt securities in prior periods. Additions represent the first time a debt security was credit impaired or when subsequent credit impairments have occurred on securities for which OTTI credit losses have been previously recognized. For the Three Months For the Six Months (In thousands) 2017 2016 2017 2016 Beginning balance $ 874 $ 883 $ 874 $ 747 Amounts related to credit loss for which an OTTI charge was not previously recognized — — — 136 Increases to the amount related to credit loss for which OTTI was previously recognized — — — — Realized gain for securities sold — (9 ) — (9 ) Ending balance $ 874 $ 874 $ 874 $ 874
Investments by contractual maturity	June 30, 2017 Available-for-Sale Securities Amortized Cost Estimated Fair Value Within one year $ 908 $ 925 After one year through five years 14,955 15,287 After five years through ten years 39,209 40,256 After ten years 162,040 168,542 217,112 225,010 Investment securities not due at a single maturity date: U.S. Government agencies 63,921 64,421 U.S. Government sponsored entities and agencies collateralized by residential mortgage obligations 193,644 191,903 Private label mortgage backed securities 38,728 39,314 Other equity securities 7,500 7,479 Total available-for-sale $ 520,905 $ 528,127

Loans and Allowance for Credi23

Loans and Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Outstanding loans	Outstanding loans are summarized as follows: Loan Type (Dollars in thousands) June 30, 2017 % of Total Loans December 31, 2016 % of Total Loans Commercial: Commercial and industrial $ 88,218 11.5 % $ 88,652 11.7 % Agricultural land and production 23,480 3.1 % 25,509 3.4 % Total commercial 111,698 14.6 % 114,161 15.1 % Real estate: Owner occupied 185,302 24.1 % 191,665 25.3 % Real estate construction and other land loans 74,887 9.7 % 69,200 9.1 % Commercial real estate 212,130 27.6 % 184,225 24.3 % Agricultural real estate 76,988 10.0 % 86,761 11.5 % Other real estate 19,288 2.5 % 18,945 2.7 % Total real estate 568,595 73.9 % 550,796 72.9 % Consumer: Equity loans and lines of credit 60,509 8.0 % 64,494 8.5 % Consumer and installment 27,101 3.5 % 25,910 3.5 % Total consumer 87,610 11.5 % 90,404 12.0 % Net deferred origination costs 1,085 1,267 Total gross loans 768,988 100.0 % 756,628 100.0 % Allowance for credit losses (9,297 ) (9,326 ) Total loans $ 759,691 $ 747,302
Allowance for credit losses	The following table shows the summary of activities for the Allowance as of and for the three months ended June 30, 2017 and 2016 by portfolio segment (in thousands): Commercial Real Estate Consumer Unallocated Total Allowance for credit losses: Beginning balance, April 01, 2017 $ 2,021 $ 6,225 $ 775 $ 193 $ 9,214 (Reversal) provision charged to operations (7 ) (346 ) 19 184 (150 ) Losses charged to allowance — — (27 ) — (27 ) Recoveries 182 52 26 — 260 Ending balance, June 30, 2017 $ 2,196 $ 5,931 $ 793 $ 377 $ 9,297 Allowance for credit losses: Beginning balance, April 1, 2016 $ 3,743 $ 5,281 $ 894 $ 218 $ 10,136 (Reversal) provision charged to operations (4,673 ) (56 ) 55 74 (4,600 ) Losses charged to allowance — — (105 ) — (105 ) Recoveries 3,902 435 104 — 4,441 Ending balance, June 30, 2016 $ 2,972 $ 5,660 $ 948 $ 292 $ 9,872 The following table shows the summary of activities for the allowance for loan losses as of and for the six months ended June 30, 2017 and 2016 by portfolio segment of loans (in thousands): Commercial Real Estate Consumer Unallocated Total Allowance for credit losses: Beginning balance, January 1, 2017 $ 2,180 $ 6,200 $ 852 $ 94 $ 9,326 (Reversal) provision charged to operations (244 ) (304 ) 15 283 (250 ) Losses charged to allowance (44 ) (22 ) (144 ) — (210 ) Recoveries 304 57 70 — 431 Ending balance, June 30, 2017 $ 2,196 $ 5,931 $ 793 $ 377 $ 9,297 Allowance for credit losses: Beginning balance, January 1, 2016 $ 3,562 $ 5,204 $ 734 $ 110 $ 9,610 (Reversal) provision charged to operations (4,825 ) (395 ) 188 182 (4,850 ) Losses charged to allowance (4 ) — (114 ) — (118 ) Recoveries 4,239 851 140 — 5,230 Ending balance, June 30, 2016 $ 2,972 $ 5,660 $ 948 $ 292 $ 9,872 The following is a summary of the Allowance by impairment methodology and portfolio segment as of June 30, 2017 and December 31, 2016 (in thousands): Commercial Real Estate Consumer Unallocated Total Allowance for credit losses: Ending balance, June 30, 2017 $ 2,196 $ 5,931 $ 793 $ 377 $ 9,297 Ending balance: individually evaluated for impairment $ 1 $ 29 $ 46 $ — $ 76 Ending balance: collectively evaluated for impairment $ 2,195 $ 5,902 $ 747 $ 377 $ 9,221 Ending balance, December 31, 2016 $ 2,180 $ 6,200 $ 852 $ 94 $ 9,326 Ending balance: individually evaluated for impairment $ 3 $ 241 $ 63 $ — $ 307 Ending balance: collectively evaluated for impairment $ 2,177 $ 5,959 $ 789 $ 94 $ 9,019
Schedule of receivable by impairment methodology	Commercial Real Estate Consumer Total Loans: Ending balance, June 30, 2017 $ 111,698 $ 568,595 $ 87,610 $ 767,903 Ending balance: individually evaluated for impairment $ 427 $ 5,248 $ 207 $ 5,882 Ending balance: collectively evaluated for impairment $ 111,271 $ 563,347 $ 87,403 $ 762,021 Loans: Ending balance, December 31, 2016 $ 114,161 $ 550,796 $ 90,404 $ 755,361 Ending balance: individually evaluated for impairment $ 487 $ 4,238 $ 544 $ 5,269 Ending balance: collectively evaluated for impairment $ 113,674 $ 546,558 $ 89,860 $ 750,092
Loan portfolio by internal risk rating	The following table shows the loan portfolio by class allocated by management’s internal risk ratings at June 30, 2017 (in thousands): Pass Special Mention Sub-Standard Doubtful Total Commercial: Commercial and industrial $ 70,941 $ 8,516 $ 8,761 $ — $ 88,218 Agricultural land and production 14,952 8,461 67 — 23,480 Real Estate: Owner occupied 177,269 5,151 2,882 — 185,302 Real estate construction and other land loans 71,081 1,890 1,916 — 74,887 Commercial real estate 208,130 1,533 2,467 — 212,130 Agricultural real estate 47,246 7,790 21,952 — 76,988 Other real estate 19,288 — — — 19,288 Consumer: Equity loans and lines of credit 59,185 512 812 — 60,509 Consumer and installment 27,099 — 2 — 27,101 Total $ 695,191 $ 33,853 $ 38,859 $ — $ 767,903 The following table shows the loan portfolio by class allocated by management’s internally assigned risk grade ratings at December 31, 2016 (in thousands): Pass Special Mention Sub-Standard Doubtful Total Commercial: Commercial and industrial $ 75,212 $ 907 $ 12,533 $ — $ 88,652 Agricultural land and production 16,562 8,681 266 — 25,509 Real Estate: Owner occupied 184,987 2,865 3,813 — 191,665 Real estate construction and other land loans 62,538 5,259 1,403 — 69,200 Commercial real estate 179,966 1,548 2,711 — 184,225 Agricultural real estate 49,270 10,390 27,101 — 86,761 Other real estate 18,779 166 — — 18,945 Consumer: Equity loans and lines of credit 62,782 95 1,617 — 64,494 Consumer and installment 25,890 — 20 — 25,910 Total $ 675,986 $ 29,911 $ 49,464 $ — $ 755,361
Loan portfolio by time past due	The following table shows an aging analysis of the loan portfolio by class and the time past due at June 30, 2017 (in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days Accruing Non-accrual Commercial: Commercial and industrial $ — $ — $ — $ — $ 88,218 $ 88,218 $ — $ 404 Agricultural land and production — — — — 23,480 23,480 — — Real estate: — — — — Owner occupied — — — — 185,302 185,302 — — Real estate construction and other land loans — — — — 74,887 74,887 — 1,459 Commercial real estate — — — — 212,130 212,130 — 1,029 Agricultural real estate — — — — 76,988 76,988 — — Other real estate — — — — 19,288 19,288 — — Consumer: — — — Equity loans and lines of credit — — — — 60,509 60,509 — 207 Consumer and installment 32 — — 32 27,069 27,101 — — Total $ 32 $ — $ — $ 32 $ 767,871 $ 767,903 $ — $ 3,099 The following table shows an aging analysis of the loan portfolio by class and the time past due at December 31, 2016 (in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days Accruing Non- accrual Commercial: Commercial and industrial $ — $ — $ — $ — $ 88,652 $ 88,652 $ — $ 447 Agricultural land and production — — — — 25,509 25,509 — — Real estate: — Owner occupied 87 — — 87 191,578 191,665 — 107 Real estate construction and other land loans — — — — 69,200 69,200 — — Commercial real estate 565 — — 565 183,660 184,225 — 1,082 Agricultural real estate — — — — 86,761 86,761 — — Other real estate — — — — 18,945 18,945 — — Consumer: Equity loans and lines of credit 62 48 — 110 64,384 64,494 — 526 Consumer and installment 38 — — 38 25,872 25,910 — 18 Total $ 752 $ 48 $ — $ 800 $ 754,561 $ 755,361 $ — $ 2,180
Impaired loans	The carrying amount of those loans is included in the balance sheet amounts of loans receivable at June 30, 2017 and December 31, 2016 . The amounts of loans at June 30, 2017 and December 31, 2016 are as follows (in thousands): June 30, 2017 December 31, 2016 Commercial $ 441 $ 612 Outstanding balance $ 441 $ 612 Carrying amount, net of allowance of $0 $ 441 $ 612 Purchased credit impaired (PCI) loans are recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan losses. The Company estimates the amount and timing of expected cash flows for each loan and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan (accretable yield). The excess of the loan’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Loans acquired during each year for which it was probable at acquisition that all contractually required payments would not be collected are as follows (in thousands): June 30, 2017 December 31, 2016 Contractually required payments receivable on PCI loans at acquisition: Commercial $ — $ 982 Total $ — $ 982 Cash flows expected to be collected at acquisition $ — $ 693 Fair value of acquired loans at acquisition $ — $ 631 Certain of the loans acquired by the Company that are within the scope of Topic ASC 310-30 are not accounted for using the income recognition model of the Topic because the Company cannot reliably estimate cash flows expected to be collected. The carrying amounts of such loans (which are included in the carrying amount, net of allowance, described above) are as follows. June 30, 2017 December 31, 2016 Loans acquired during the year $ — $ 631 Loans at the end of the period $ 441 $ 612 The following table shows information related to impaired loans by class at June 30, 2017 (in thousands): Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial: Commercial and industrial $ 404 $ 585 $ — Real estate: Real estate construction and other land loans 1,459 1,495 — Commercial real estate 1,841 2,080 — Total real estate 3,300 3,575 — Consumer: Equity loans and lines of credit 161 215 — Total with no related allowance recorded 3,865 4,375 — With an allowance recorded: Commercial: Commercial and industrial 23 23 1 Real estate: Real estate construction and other land loans 1,889 1,889 28 Agricultural real estate 59 59 1 Total real estate 1,948 1,948 29 Consumer: Equity loans and lines of credit 46 46 46 Total with an allowance recorded 2,017 2,017 76 Total $ 5,882 $ 6,392 $ 76 The recorded investment in loans excludes accrued interest receivable and net loan origination fees, due to immateriality. The following table shows information related to impaired loans by class at December 31, 2016 (in thousands): Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial: Commercial and industrial $ 447 $ 612 $ — Total commercial 447 612 — Real estate: Owner occupied 107 111 — Commercial real estate 827 967 — Total real estate 934 1,078 — Consumer: Equity loans and lines of credit 167 234 — Consumer and installment 6 9 — Total consumer 173 243 — Total with no related allowance recorded 1,554 1,933 — With an allowance recorded: Commercial: Commercial and industrial 40 40 3 Real estate: Real estate construction and other land loans 2,222 2,222 79 Commercial real estate 1,082 1,146 162 Total real estate 3,304 3,368 241 Consumer: Equity loans and lines of credit 359 364 61 Consumer and installment 12 12 2 Total consumer 371 376 63 Total with an allowance recorded 3,715 3,784 307 Total $ 5,269 $ 5,717 $ 307 The recorded investment in loans excludes accrued interest receivable and net loan origination fees, due to immateriality. The following tables present by class, information related to the average recorded investment and interest income recognized on impaired loans for the three months ended June 30, 2017 and 2016 . Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Commercial and industrial $ 418 $ — $ 33 $ — Real estate: Owner occupied — — 162 51 Real estate construction and other land loans 1,478 — 2,901 14 Commercial real estate 1,332 13 995 — Total real estate 2,810 13 4,058 65 Consumer: Equity loans and lines of credit 133 — 902 — Consumer and installment — — 10 — Total consumer 133 — 912 — Total with no related allowance recorded 3,361 13 5,003 65 With an allowance recorded: Commercial: Commercial and industrial 23 — 1,032 1 Real estate: Owner occupied — — 173 — Real estate construction and other land loans 2,026 31 — — Commercial real estate 525 — 553 — Agricultural real estate 58 1 — — Total real estate 2,609 32 726 — Consumer: Equity loans and lines of credit 56 1 126 — Consumer and installment — — — — Total consumer 56 1 126 — Total with an allowance recorded 2,688 33 1,884 1 Total $ 6,049 $ 46 $ 6,887 $ 66 Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial: Commercial and industrial $ 429 $ — $ 149 $ — Agricultural land and production — — — — Total commercial 429 — 149 — Real estate: Owner occupied 45 — 212 106 Real estate construction and other land loans 844 — 2,988 28 Commercial real estate 1,115 27 1,065 — Agricultural real estate — — — — Other real estate — — — — Total real estate 2,004 27 4,265 134 Consumer: Equity loans and lines of credit 124 — 1,065 — Consumer and installment 2 — 5 — Total consumer 126 — 1,070 — Total with no related allowance recorded 2,559 27 5,484 134 With an allowance recorded: Commercial: Commercial and industrial 30 1 638 1 Agricultural land and production — — — — Total commercial 30 1 638 1 Real estate: Owner occupied — — 175 — Real estate construction and other land loans 2,101 60 — — Commercial real estate 759 — 559 — Agricultural real estate 34 1 — — Other real estate — — — — Total real estate 2,894 61 734 — Consumer: Equity loans and lines of credit 126 1 152 — Consumer and installment 2 — 5 — Total consumer 128 1 157 — Total with an allowance recorded 3,052 63 1,529 1 Total $ 5,611 $ 90 $ 7,013 $ 135
Troubled debt restructurings	The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ended June 30, 2017 (in thousands): Troubled Debt Restructurings: Number of Loans Pre-Modification Outstanding Recorded Investment (1) Principal Modification (2) Post Modification Outstanding Recorded Investment (3) Outstanding Recorded Investment Real Estate: Agricultural real estate 1 $ 59 $ — $ 59 $ 59 Consumer: Equity loans and lines of credit 1 62 — 66 64 Total 2 $ 121 $ — $ 125 $ 123 (1) Amounts represent the recorded investment in loans before recognizing effects of the TDR, if any. (2) Principal Modification includes principal forgiveness at the time of modification, contingent principal forgiveness granted over the life of the loan based on borrower performance, and principal that has been legally separated and deferred to the end of the loan, with zero percent contractual interest rate. (3) Balance outstanding after principal modification, if any borrower reduction to recorded investment. The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ended June 30, 2016 (in thousands): Troubled Debt Restructurings: Number of Loans Pre-Modification Outstanding Recorded Investment (1) Principal Modification (2) Post Modification Outstanding Recorded Investment (3) Outstanding Recorded Investment Commercial: Commercial and Industrial 2 $ 45 $ — $ 45 $ 44

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Expected Amortization Expense	The following table summarizes the Company’s estimated remaining core deposit intangible amortization expense for each of the next five years (in thousands): Years Ending Estimated Core Deposit Intangible Amortization 2017 $ 95 2018 188 2019 188 2020 188 2021 188 Thereafter 442 $ 1,289

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows: Basic Earnings Per Share For the Three Months For the Six Months (In thousands, except share and per share amounts) 2017 2016 2017 2016 Net Income $ 4,948 $ 6,058 $ 9,198 $ 9,461 Less: Preferred stock dividends and accretion — — — — Net income available to common shareholders $ 4,948 $ 6,058 $ 9,198 $ 9,461 Weighted average shares outstanding 12,207,570 10,970,782 12,187,324 10,962,314 Basic earnings per share $ 0.41 $ 0.55 $ 0.75 $ 0.86 Diluted Earnings Per Share For the Three Months For the Six Months (In thousands, except share and per share amounts) 2017 2016 2017 2016 Net income available to common shareholders $ 4,948 $ 6,058 $ 9,198 $ 9,461 Weighted average shares outstanding 12,207,570 10,970,782 12,187,324 10,962,314 Effect of dilutive stock options 131,314 97,108 140,473 91,955 Weighted average shares of common stock and common stock equivalents 12,338,884 11,067,890 12,327,797 11,054,269 Diluted earnings per share $ 0.40 $ 0.55 $ 0.75 $ 0.86

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock option activity	A summary of the combined activity of the Company’s stock option compensation plans for the six month periods ended June 30, 2017 follows (in thousands, except per share amounts): Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (In thousands) Options outstanding at January 1, 2017 202,215 $ 6.87 Options exercised (68,965 ) $ 6.75 Options forfeited (1,380 ) $ 8.02 Options outstanding at June 30, 2017 131,870 $ 6.92 4.07 $ 2,010 Options vested or expected to vest at June 30, 2017 131,070 $ 6.91 3.93 $ 1,998 Options exercisable at June 30, 2017 118,140 $ 6.79 4.06 $ 1,816 Information related to the stock option plan is as follows (in thousands): For the Six Months 2017 2016 Intrinsic value of options exercised $ 951 $ 126 Cash received from options exercised $ 466 $ 161 For the Three Months Ended June 30, For the Six Months 2017 2016 2017 2016 Excess tax benefit realized for option exercises $ 10 $ 3 104 $ 8
Restricted common stock activity	The following table summarizes restricted stock activity for the six month period ended June 30, 2017 as follows: Shares Weighted Average Grant-Date Fair Value Nonvested outstanding shares at January 1, 2017 93,501 $ 13.35 Granted — $ — Vested (11,205 ) $ 12.66 Forfeited (1,110 ) $ 13.86 Nonvested outstanding shares at June 30, 2017 81,186 $ 13.44

Basis of Presentation - Narrati

Basis of Presentation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Accounting Policies [Abstract]
Recognition of excess tax benefit	$ 12	$ 104

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ / shares in Units, shares in Thousands, $ in Thousands	Apr. 27, 2017USD ($)$ / shares	Oct. 01, 2016USD ($)branchshares	Jun. 30, 2017USD ($)branch	Dec. 31, 2016USD ($)
Business Acquisition [Line Items]
Goodwill			$ 40,311	$ 40,231
Combined pro forma assets			$ 1,444,836	$ 1,443,323
Core deposits
Business Acquisition [Line Items]
Acquired finite-lived intangible assets useful life			10 years
Sierra Vista Bank
Business Acquisition [Line Items]
Total assets		$ 155,154
Estimated number of shares to be issued in merger transaction | shares		1,059
Cash		$ 9,469
Goodwill		10,314
Core deposit intangible		$ 508
Increase to goodwill measurement adjustment			$ 80
Sierra Vista Bank | Folsom, California
Business Acquisition [Line Items]
Number of branches to be acquired | branch		1
Sierra Vista Bank | Fair Oaks, California
Business Acquisition [Line Items]
Number of branches to be acquired | branch		1
Sierra Vista Bank | Cameron Park, California
Business Acquisition [Line Items]
Number of branches to be acquired | branch		1
Folsom Lake Bank [Member]
Business Acquisition [Line Items]
Number of branches to be acquired | branch			3
Total assets			$ 205,900
Business combination consideration	$ 33,600
Stock exchange ratio	0.80
Share price (in dollars per share) | $ / shares	$ 17.95
Folsom Lake Bank [Member] | Pro Forma
Business Acquisition [Line Items]
Combined pro forma assets			$ 1,700,000

Acquisitions - Proforma Results

Acquisitions - Proforma Results of Operations (Details) - Sierra Vista Bank $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)$ / shares
Business Acquisition [Line Items]
Net interest income	$ 25,063
Provision for credit losses	(4,750)
Non-interest income	5,490
Non-interest expense	21,322
Income before provision for income taxes	13,981
Provision for income taxes	4,271
Net income	9,710
Net income available to common shareholders	$ 9,710
Basic earnings per common share (in dollars per share) | $ / shares	$ 0.89
Diluted earnings per common share (in dollars per share) | $ / shares	$ 0.88

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financial assets:
Available-for-sale investment securities	$ 528,127	$ 547,749
Level 1
Financial assets:
Cash and due from banks	29,943	28,185
Interest-earning deposits in other banks	24,594	10,368
Federal funds sold	48	15
Available-for-sale investment securities	7,479	7,416
Loans, net	0	0
Accrued interest receivable	24	26
Financial liabilities:
Deposits	1,110,310	1,099,200
Short-term borrowings		0
Junior subordinated deferrable interest debentures	0	0
Accrued interest payable	0	0
Level 2
Financial assets:
Cash and due from banks	0	0
Interest-earning deposits in other banks	0	0
Federal funds sold	0	0
Available-for-sale investment securities	520,648	540,333
Loans, net	0	0
Accrued interest receivable	3,814	4,517
Financial liabilities:
Deposits	134,775	156,711
Short-term borrowings		400
Junior subordinated deferrable interest debentures	0	0
Accrued interest payable	97	111
Level 3
Financial assets:
Cash and due from banks	0	0
Interest-earning deposits in other banks	0	0
Federal funds sold	0	0
Available-for-sale investment securities	0	0
Loans, net	770,699	761,023
Accrued interest receivable	2,606	3,342
Financial liabilities:
Deposits	0	0
Short-term borrowings		0
Junior subordinated deferrable interest debentures	3,350	3,235
Accrued interest payable	36	33
Carrying Amount
Financial assets:
Cash and due from banks	29,943	28,185
Interest-earning deposits in other banks	24,594	10,368
Federal funds sold	48	15
Available-for-sale investment securities	528,127	547,749
Loans, net	759,691	747,302
Federal Home Loan Bank stock	5,594	5,594
Accrued interest receivable	6,444	7,885
Financial liabilities:
Deposits	1,245,391	1,255,979
Short-term borrowings		400
Junior subordinated deferrable interest debentures	5,155	5,155
Accrued interest payable	133	144
Fair Value
Financial assets:
Cash and due from banks	29,943	28,185
Interest-earning deposits in other banks	24,594	10,368
Federal funds sold	48	15
Available-for-sale investment securities	528,127	547,749
Loans, net	770,699	761,023
Accrued interest receivable	6,444	7,885
Financial liabilities:
Deposits	1,245,085	1,255,911
Short-term borrowings		400
Junior subordinated deferrable interest debentures	3,350	3,235
Accrued interest payable	$ 133	$ 144

Fair Value Measurements - Recur

Fair Value Measurements - Recurring and Nonrecurring (Details) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	$ 528,127,000		$ 547,749,000
Valuation allowance	9,297,000	$ 9,872,000	9,326,000	$ 9,214,000	$ 10,136,000	$ 9,610,000
Assets fair value nonrecurring	194,000
Liabilities fair value nonrecurring	0		0
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	528,127,000		547,749,000
Loans, net	759,691,000		747,302,000
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	528,127,000		547,749,000
Loans, net	770,699,000		761,023,000
Valuation allowance	0		263,000
Loans, charge-offs	0	0	0
Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Valuation allowance	793,000	$ 948,000	852,000	$ 775,000	$ 894,000	$ 734,000
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	7,479,000		7,416,000
Loans, net	0		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	520,648,000		540,333,000
Loans, net	0		0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Loans, net	770,699,000		761,023,000
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other repossessed assets	194,000		362,000
Assets, fair value	194,000		409,000
Nonrecurring | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Valuation allowance			15,000
Nonrecurring | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			47,000
Nonrecurring | Impaired loans | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			62,000
Valuation allowance			15,000
Nonrecurring | Impaired loans | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			47,000
Nonrecurring | Equity loans and lines of credit | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			47,000
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other repossessed assets	0		0
Assets, fair value	0		0
Nonrecurring | Level 1 | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			0
Nonrecurring | Level 1 | Equity loans and lines of credit | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other repossessed assets	0		0
Assets, fair value	0		0
Nonrecurring | Level 2 | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			0
Nonrecurring | Level 2 | Equity loans and lines of credit | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other repossessed assets	194,000		362,000
Assets, fair value	194,000		409,000
Nonrecurring | Level 3 | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			47,000
Nonrecurring | Level 3 | Equity loans and lines of credit | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, net			47,000
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	528,127,000		547,749,000
Recurring | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	64,421,000		68,970,000
Recurring | Obligations of states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	225,010,000		290,299,000
Recurring | U.S. Government agencies collateralized by residential mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	191,903,000		178,221,000
Recurring | Private label mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	39,314,000		2,843,000
Recurring | Other equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	7,479,000		7,416,000
Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	7,479,000		7,416,000
Recurring | Level 1 | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 1 | Obligations of states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 1 | U.S. Government agencies collateralized by residential mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 1 | Private label mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 1 | Other equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	7,479,000		7,416,000
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	520,648,000		540,333,000
Recurring | Level 2 | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	64,421,000		68,970,000
Recurring | Level 2 | Obligations of states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	225,010,000		290,299,000
Recurring | Level 2 | U.S. Government agencies collateralized by residential mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	191,903,000		178,221,000
Recurring | Level 2 | Private label mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	39,314,000		2,843,000
Recurring | Level 2 | Other equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0		0
Recurring | Level 3 | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 3 | Obligations of states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 3 | U.S. Government agencies collateralized by residential mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 3 | Private label mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0		0
Recurring | Level 3 | Other equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	$ 0		$ 0

Investments - Textual (Details)

Investments - Textual (Details)	1 Months Ended	3 Months Ended			6 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)security	Jun. 30, 2017USD ($)securityinvestment	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)security	Jun. 30, 2017USD ($)securityinvestment	Jun. 30, 2016USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2016USD ($)
Schedule of Available-for-sale Securities
Available-for-sale Securities pledged as collateral		$ 105,320,000			$ 105,320,000
Unrealized gain (loss) of available-for sale securities		7,222,000			7,222,000			$ (891,000)
AOCI available-for-sale securities adjustment tax		3,037,000			3,037,000			(375,000)
Transfer of securities from available-for-sale to held-to-maturity				$ 8,500,000			$ 31,000,000
Fair value of held-to-maturity investment securities transferred	$ 23,100,000			$ 23,100,000			32,000,000
Unrealized gain on transfer of securities from available-for-sale to held-to-maturity							$ 163,000
Held-to-maturity securities, number of securities sold | security				5
Investments, number of securities sold | security				13
Gross realized gains from sales or calls		0	$ 0	$ 696,000	0	$ 696,000
Income tax impact from the reclassification of unrealized net gains on available-for-sale securities to realized net gains on available-for-sale securities		907,000	173,000		$ 1,110,000	351,000
Threshold period of value decline in available-for-sale securities to be considered other than temporary impairment					12 months
Threshold percentage of value decline in available-for-sale securities to be considered other than temporary impairment					10.00%
Threshold amount of value decline in available-for-sale securities to be considered other than temporary impairment					$ 10,000
Other than temporary impairment losses on investment securities			$ 0		0	$ 136,000
Debt securities, amortized cost		$ 520,905,000			$ 520,905,000
U.S. Government agencies
Schedule of Available-for-sale Securities
Available-for-sale securities, number of positions | security		18			18
Debt securities, amortized cost		$ 63,921,000			$ 63,921,000			69,005,000
U.S. Government agencies | Less than 12 months
Schedule of Available-for-sale Securities
Available-for-sale securities in unrealized loss positions, number of positions | security		0			0
U.S. Government agencies | Greater than 12 months
Schedule of Available-for-sale Securities
Available-for-sale securities in unrealized loss positions, number of positions | security		3			3
Obligations of states and political subdivisions
Schedule of Available-for-sale Securities
Other than temporary impairment losses, investments, portion in other comprehensive loss, before tax, including portion attributable to noncontrolling interest, available-for-sale securities	$ 136,000
Other than temporary impairment losses, investments, available-for-sale securities, number of impaired securities | security	1			1
Available-for-sale securities, other than temporary impaired security	$ 2,995,000			$ 2,995,000
Available-for-sale debt securities, other than temporary impairment security, amortized cost basis	$ 3,131,000			$ 3,131,000
Available-for-sale securities, number of positions | security		131			131
Debt securities, amortized cost		$ 217,112,000			$ 217,112,000			288,543,000
Obligations of states and political subdivisions | Less than 12 months
Schedule of Available-for-sale Securities
Available-for-sale securities in unrealized loss positions, number of positions | security		11			11
Obligations of states and political subdivisions | Greater than 12 months
Schedule of Available-for-sale Securities
Available-for-sale securities in unrealized loss positions, number of positions | security		0			0
U.S. Government agencies collateralized by residential mortgage obligations
Schedule of Available-for-sale Securities
Available-for-sale securities, number of positions | security		145			145
Debt securities, amortized cost		$ 193,644,000			$ 193,644,000			181,785,000
U.S. Government agencies collateralized by residential mortgage obligations | Less than 12 months
Schedule of Available-for-sale Securities
Available-for-sale securities in unrealized loss positions, number of positions | security		31			31
U.S. Government agencies collateralized by residential mortgage obligations | Greater than 12 months
Schedule of Available-for-sale Securities
Available-for-sale securities in unrealized loss positions, number of positions | security		16			16
Private label mortgage backed securities
Schedule of Available-for-sale Securities
Unrealized gain (loss) of available-for sale securities		$ 586,000			$ 586,000
Available-for-sale securities, number of positions | security		21			21
Available-for-sale securities in unrealized loss positions, number of positions | security		7			7
Debt securities, amortized cost		$ 38,728,000			$ 38,728,000			$ 1,807,000
Private label mortgage backed securities | Below investment grade
Schedule of Available-for-sale Securities
Available-for-sale securities, number of positions | security		10			10
Debt securities, amortized cost		$ 1,460,000			$ 1,460,000
Other equity securities
Schedule of Available-for-sale Securities
Unrealized gain (loss) of available-for sale securities		$ (21,000)			$ (21,000)
Available for sale securities, number of securities | investment		1			1

Investments - Carrying value an

Investments - Carrying value and estimated fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt securities:
Amortized Cost	$ 520,905
Equity securities:
Amortized Cost	520,905	$ 548,640
Gross Unrealized Gains	10,755	7,871
Gross Unrealized Losses	(3,533)	(8,762)
Available-for-sale securities	528,127	547,749
U.S. Government agencies
Debt securities:
Amortized Cost	63,921	69,005
Gross Unrealized Gains	531	242
Gross Unrealized Losses	(31)	(277)
Estimated Fair Value	64,421	68,970
Obligations of states and political subdivisions
Debt securities:
Amortized Cost	217,112	288,543
Gross Unrealized Gains	8,506	6,109
Gross Unrealized Losses	(608)	(4,353)
Estimated Fair Value	225,010	290,299
U.S. Government agencies collateralized by residential mortgage obligations
Debt securities:
Amortized Cost	193,644	181,785
Gross Unrealized Gains	696	484
Gross Unrealized Losses	(2,437)	(4,048)
Estimated Fair Value	191,903	178,221
Private label mortgage backed securities
Debt securities:
Amortized Cost	38,728	1,807
Gross Unrealized Gains	1,022	1,036
Gross Unrealized Losses	(436)	0
Estimated Fair Value	39,314	2,843
Other equity securities
Equity securities:
Amortized Cost	7,500	7,500
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(21)	(84)
Estimated Fair Value	$ 7,479	$ 7,416

Investments - Realized gains an

Investments - Realized gains and losses (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016
Available-for-sale Securities [Abstract]
Proceeds from sales or calls	$ 50,085	$ 37,690		$ 75,007	$ 63,044
Gross realized gains from sales or calls	2,659	426		3,391	971
Gross realized losses from sales or calls	(502)	(6)		(752)	(117)
Held-to-maturity Securities [Abstract]
Proceeds from sales or calls	0	0		0	9,257
Gross realized gains from sales or calls	$ 0	$ 0	$ 696	$ 0	$ 696

Investments - Unrealized losses

Investments - Unrealized losses (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities
Less than 12 Months, Fair Value	$ 159,074	$ 283,243
Less than 12 Months, Unrealized Losses	(2,987)	(8,501)
12 Months or More, Fair Value	41,489	18,104
12 Months or More, Unrealized Losses	(546)	(261)
Total Fair Value	200,563	301,347
Total Unrealized Losses	(3,533)	(8,762)
U.S. Government agencies
Schedule of Available-for-sale Securities
Less than 12 Months, Fair Value	0	34,586
Less than 12 Months, Unrealized Losses	0	(198)
12 Months or More, Fair Value	10,867	10,438
12 Months or More, Unrealized Losses	(31)	(79)
Total Fair Value	10,867	45,024
Total Unrealized Losses	(31)	(277)
Obligations of states and political subdivisions
Schedule of Available-for-sale Securities
Less than 12 Months, Fair Value	28,805	122,522
Less than 12 Months, Unrealized Losses	(608)	(4,353)
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
Total Fair Value	28,805	122,522
Total Unrealized Losses	(608)	(4,353)
U.S. Government agencies collateralized by residential mortgage obligations
Schedule of Available-for-sale Securities
Less than 12 Months, Fair Value	86,116	118,719
Less than 12 Months, Unrealized Losses	(1,922)	(3,866)
12 Months or More, Fair Value	30,622	7,666
12 Months or More, Unrealized Losses	(515)	(182)
Total Fair Value	116,738	126,385
Total Unrealized Losses	(2,437)	(4,048)
Private label mortgage backed securities
Schedule of Available-for-sale Securities
Less than 12 Months, Fair Value	36,674
Less than 12 Months, Unrealized Losses	(436)
12 Months or More, Fair Value	0
12 Months or More, Unrealized Losses	0
Total Fair Value	36,674
Total Unrealized Losses	(436)
Other equity securities
Schedule of Available-for-sale Securities
Less than 12 Months, Fair Value	7,479	7,416
Less than 12 Months, Unrealized Losses	(21)	(84)
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
Total Fair Value	7,479	7,416
Total Unrealized Losses	$ (21)	$ (84)

Investments - Below investment

Investments - Below investment grade securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities
Debt securities, amortized cost	$ 520,905
Available-for-sale investment securities	528,127	$ 547,749
Private label mortgage backed securities
Schedule of Available-for-sale Securities
Debt securities, amortized cost	38,728	$ 1,807
Below investment grade | Private label mortgage backed securities
Schedule of Available-for-sale Securities
Debt securities, amortized cost	$ 1,460

Investments - Credit loss rollf

Investments - Credit loss rollforward (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance	$ 874	$ 883	$ 874	$ 747
Amounts related to credit loss for which an OTTI charge was not previously recognized	0	0	0	136
Increases to the amount related to credit loss for which OTTI was previously recognized	0	0	0	0
Realized gain for securities sold	0	(9)	0	(9)
Ending balance	$ 874	$ 874	$ 874	$ 874

Investments - Investments by co

Investments - Investments by contractual maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities
Within one year, amortized cost	$ 908
Within one year, estimated fair value	925
After one year through five years, amortized cost	14,955
After one year through five years, estimated fair value	15,287
After five years through ten years, amortized cost	39,209
After five years through ten years, estimated fair value	40,256
After ten years, amortized cost	162,040
After ten years, estimated fair value	168,542
Total securities with single maturity date, amortized cost	217,112
Total securities with single maturity date, estimated fair value	225,010
Amortized Cost	520,905
Available-for-sale securities	528,127	$ 547,749
U.S. Government agencies
Schedule of Available-for-sale Securities
Investment securities not due at a single maturity date, amortized cost	63,921
Investment securities not due at a single maturity date, estimated fair value	64,421
Amortized Cost	63,921	69,005
U.S. Government agencies collateralized by residential mortgage obligations
Schedule of Available-for-sale Securities
Investment securities not due at a single maturity date, amortized cost	193,644
Investment securities not due at a single maturity date, estimated fair value	191,903
Amortized Cost	193,644	181,785
Private label mortgage backed securities
Schedule of Available-for-sale Securities
Investment securities not due at a single maturity date, amortized cost	38,728
Investment securities not due at a single maturity date, estimated fair value	39,314
Amortized Cost	38,728	$ 1,807
Other equity securities
Schedule of Available-for-sale Securities
Investment securities not due at a single maturity date, amortized cost	7,500
Investment securities not due at a single maturity date, estimated fair value	$ 7,479

Loans and Allowance for Credi39

Loans and Allowance for Credit Losses - Summary of outstanding loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Loans
Loans	$ 767,903	$ 755,361
% of Total Loans	100.00%	100.00%
Deferred loan fees, net	$ 1,085	$ 1,267
Total gross loans	768,988	756,628
Allowance for credit losses	(9,297)	(9,326)
Total loans	759,691	747,302
Small Business Administration programs
Loans
Real estate and commercial loans	19,833	16,590
Amount secured by government guarantees	$ 14,496	$ 12,188
Percent secured by government guarantees	73.00%	73.00%
Commercial
Loans
Loans	$ 111,698	$ 114,161
% of Total Loans	14.60%	15.10%
Commercial and industrial
Loans
Loans	$ 88,218	$ 88,652
% of Total Loans	11.50%	11.70%
Agricultural land and production
Loans
Loans	$ 23,480	$ 25,509
% of Total Loans	3.10%	3.40%
Real Estate Portfolio Segment
Loans
Loans	$ 568,595	$ 550,796
% of Total Loans	73.90%	72.90%
Owner occupied
Loans
Loans	$ 185,302	$ 191,665
% of Total Loans	24.10%	25.30%
Real estate construction and other land loans
Loans
Loans	$ 74,887	$ 69,200
% of Total Loans	9.70%	9.10%
Commercial real estate
Loans
Loans	$ 212,130	$ 184,225
% of Total Loans	27.60%	24.30%
Agricultural real estate
Loans
Loans	$ 76,988	$ 86,761
% of Total Loans	10.00%	11.50%
Other real estate
Loans
Loans	$ 19,288	$ 18,945
% of Total Loans	2.50%	2.70%
Consumer
Loans
Loans	$ 87,610	$ 90,404
% of Total Loans	11.50%	12.00%
Equity loans and lines of credit
Loans
Loans	$ 60,509	$ 64,494
% of Total Loans	8.00%	8.50%
Consumer and installment
Loans
Loans	$ 27,101	$ 25,910
% of Total Loans	3.50%	3.50%

Loans and Allowance for Credi40

Loans and Allowance for Credit Losses - Purchased credit-impaired loans (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Loans
Total Recorded Investment	$ 5,882	$ 5,269
Related Allowance	76	307
Contractually required payments receivable on PCI loans at acquisition:	6,392	5,717
Cash flows expected to be collected at acquisition	2,017	3,715
Purchased Credit Impaired Loans
Loans
Total Recorded Investment	441	612
Related Allowance	0	0
Contractually required payments receivable on PCI loans at acquisition:	0	982
Fair value of acquired loans at acquisition	0	631
Commercial | Purchased Credit Impaired Loans
Loans
Total Recorded Investment	441	612
Contractually required payments receivable on PCI loans at acquisition:	0	982
Cash flows expected to be collected at acquisition	$ 0	$ 693

Loans and Allowance for Credi41

Loans and Allowance for Credit Losses - Allowance for Credit Losses (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)componentquarter	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)componentquarter	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Number of primary components | component	2		2
Lookback period used in reserve analysis | quarter	20		20
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning balance	$ 9,214	$ 10,136	$ 9,326	$ 9,610
Provision charged to operations	(150)	(4,600)	(250)	(4,850)
Losses charged to allowance	(27)	(105)	(210)	(118)
Recoveries	260	4,441	431	5,230
Allowance for credit losses, ending balance	9,297	9,872	9,297	9,872
Ending balance: individually evaluated for impairment	76		76		$ 307
Ending balance: collectively evaluated for impairment	9,221		9,221		9,019
Commercial
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning balance	2,021	3,743	2,180	3,562
Provision charged to operations	(7)	(4,673)	(244)	(4,825)
Losses charged to allowance	0	0	(44)	(4)
Recoveries	182	3,902	304	4,239
Allowance for credit losses, ending balance	2,196	2,972	2,196	2,972
Ending balance: individually evaluated for impairment	1		1		3
Ending balance: collectively evaluated for impairment	2,195		2,195		2,177
Real Estate Portfolio Segment
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning balance	6,225	5,281	6,200	5,204
Provision charged to operations	(346)	(56)	(304)	(395)
Losses charged to allowance	0	0	(22)	0
Recoveries	52	435	57	851
Allowance for credit losses, ending balance	5,931	5,660	5,931	5,660
Ending balance: individually evaluated for impairment	29		29		241
Ending balance: collectively evaluated for impairment	5,902		5,902		5,959
Consumer
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning balance	775	894	852	734
Provision charged to operations	19	55	15	188
Losses charged to allowance	(27)	(105)	(144)	(114)
Recoveries	26	104	70	140
Allowance for credit losses, ending balance	793	948	793	948
Ending balance: individually evaluated for impairment	46		46		63
Ending balance: collectively evaluated for impairment	747		747		789
Unallocated
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, beginning balance	193	218	94	110
Provision charged to operations	184	74	283	182
Losses charged to allowance	0	0	0	0
Recoveries	0	0	0	0
Allowance for credit losses, ending balance	377	$ 292	377	$ 292
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	$ 377		$ 377		$ 94

Loans and Allowance for Credi42

Loans and Allowance for Credit Losses - Loan Portfolio by Impairment Methodology (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	$ 767,903	$ 755,361
Ending balance: individually evaluated for impairment	5,882	5,269
Ending balance: collectively evaluated for impairment	762,021	750,092
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	111,698	114,161
Ending balance: individually evaluated for impairment	427	487
Ending balance: collectively evaluated for impairment	111,271	113,674
Real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	568,595	550,796
Ending balance: individually evaluated for impairment	5,248	4,238
Ending balance: collectively evaluated for impairment	563,347	546,558
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	87,610	90,404
Ending balance: individually evaluated for impairment	207	544
Ending balance: collectively evaluated for impairment	$ 87,403	$ 89,860

Loans and Allowance for Credi43

Loans and Allowance for Credit Losses - Loan Portfolio by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment
Loans	$ 767,903	$ 755,361
Pass
Financing Receivable, Recorded Investment
Loans	695,191	675,986
Special Mention
Financing Receivable, Recorded Investment
Loans	33,853	29,911
Substandard
Financing Receivable, Recorded Investment
Loans	38,859	49,464
Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Commercial and industrial
Financing Receivable, Recorded Investment
Loans	88,218	88,652
Commercial and industrial | Pass
Financing Receivable, Recorded Investment
Loans	70,941	75,212
Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment
Loans	8,516	907
Commercial and industrial | Substandard
Financing Receivable, Recorded Investment
Loans	8,761	12,533
Commercial and industrial | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Agricultural land and production
Financing Receivable, Recorded Investment
Loans	23,480	25,509
Agricultural land and production | Pass
Financing Receivable, Recorded Investment
Loans	14,952	16,562
Agricultural land and production | Special Mention
Financing Receivable, Recorded Investment
Loans	8,461	8,681
Agricultural land and production | Substandard
Financing Receivable, Recorded Investment
Loans	67	266
Agricultural land and production | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Owner occupied
Financing Receivable, Recorded Investment
Loans	185,302	191,665
Owner occupied | Pass
Financing Receivable, Recorded Investment
Loans	177,269	184,987
Owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans	5,151	2,865
Owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans	2,882	3,813
Owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Real estate construction and other land loans
Financing Receivable, Recorded Investment
Loans	74,887	69,200
Real estate construction and other land loans | Pass
Financing Receivable, Recorded Investment
Loans	71,081	62,538
Real estate construction and other land loans | Special Mention
Financing Receivable, Recorded Investment
Loans	1,890	5,259
Real estate construction and other land loans | Substandard
Financing Receivable, Recorded Investment
Loans	1,916	1,403
Real estate construction and other land loans | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Commercial real estate
Financing Receivable, Recorded Investment
Loans	212,130	184,225
Commercial real estate | Pass
Financing Receivable, Recorded Investment
Loans	208,130	179,966
Commercial real estate | Special Mention
Financing Receivable, Recorded Investment
Loans	1,533	1,548
Commercial real estate | Substandard
Financing Receivable, Recorded Investment
Loans	2,467	2,711
Commercial real estate | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Agricultural real estate
Financing Receivable, Recorded Investment
Loans	76,988	86,761
Agricultural real estate | Pass
Financing Receivable, Recorded Investment
Loans	47,246	49,270
Agricultural real estate | Special Mention
Financing Receivable, Recorded Investment
Loans	7,790	10,390
Agricultural real estate | Substandard
Financing Receivable, Recorded Investment
Loans	21,952	27,101
Agricultural real estate | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Other real estate
Financing Receivable, Recorded Investment
Loans	19,288	18,945
Other real estate | Pass
Financing Receivable, Recorded Investment
Loans	19,288	18,779
Other real estate | Special Mention
Financing Receivable, Recorded Investment
Loans	0	166
Other real estate | Substandard
Financing Receivable, Recorded Investment
Loans	0	0
Other real estate | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Equity loans and lines of credit
Financing Receivable, Recorded Investment
Loans	60,509	64,494
Equity loans and lines of credit | Pass
Financing Receivable, Recorded Investment
Loans	59,185	62,782
Equity loans and lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans	512	95
Equity loans and lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans	812	1,617
Equity loans and lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans	0	0
Consumer and installment
Financing Receivable, Recorded Investment
Loans	27,101	25,910
Consumer and installment | Pass
Financing Receivable, Recorded Investment
Loans	27,099	25,890
Consumer and installment | Special Mention
Financing Receivable, Recorded Investment
Loans	0	0
Consumer and installment | Substandard
Financing Receivable, Recorded Investment
Loans	2	20
Consumer and installment | Doubtful
Financing Receivable, Recorded Investment
Loans	$ 0	$ 0

Loans and Allowance for Credi44

Loans and Allowance for Credit Losses - Loan Portfolio Aging (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 32	$ 800
Current	767,871	754,561
Loans	767,903	755,361
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	3,099	2,180
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Current	88,218	88,652
Loans	88,218	88,652
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	404	447
Agricultural land and production
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Current	23,480	25,509
Loans	23,480	25,509
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	0	0
Owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	87
Current	185,302	191,578
Loans	185,302	191,665
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	0	107
Real estate construction and other land loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Current	74,887	69,200
Loans	74,887	69,200
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	1,459	0
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	565
Current	212,130	183,660
Loans	212,130	184,225
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	1,029	1,082
Agricultural real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Current	76,988	86,761
Loans	76,988	86,761
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	0	0
Other real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Current	19,288	18,945
Loans	19,288	18,945
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	0	0
Equity loans and lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	110
Current	60,509	64,384
Loans	60,509	64,494
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	207	526
Consumer and installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	32	38
Current	27,069	25,872
Loans	27,101	25,910
Recorded Investment Greater Than 90 Days Accruing	0	0
Non-accrual	0	18
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	32	752
30-59 Days Past Due | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
30-59 Days Past Due | Agricultural land and production
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
30-59 Days Past Due | Owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	87
30-59 Days Past Due | Real estate construction and other land loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
30-59 Days Past Due | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	565
30-59 Days Past Due | Agricultural real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
30-59 Days Past Due | Other real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
30-59 Days Past Due | Equity loans and lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	62
30-59 Days Past Due | Consumer and installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	32	38
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	48
60-89 Days Past Due | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Agricultural land and production
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Real estate construction and other land loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Agricultural real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Other real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
60-89 Days Past Due | Equity loans and lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	48
60-89 Days Past Due | Consumer and installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Agricultural land and production
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Real estate construction and other land loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Agricultural real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Other real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Equity loans and lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Greater Than 90 Days Past Due | Consumer and installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 0	$ 0

Loans and Allowance for Credi45

Loans and Allowance for Credit Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	$ 3,865		$ 3,865		$ 1,554
Upaid Principal Balance, With no related allowance recorded	4,375		4,375		1,933
Cash flows expected to be collected at acquisition	2,017		2,017		3,715
Unpaid Principal Balance, With an allowance recorded	2,017		2,017		3,784
Related Allowance	76		76		307
Total Recorded Investment	5,882		5,882		5,269
Total Unpaid Principal Balance	6,392		6,392		5,717
Average Recorded Investment, With no related allowance recorded	3,361	$ 5,003	2,559	$ 5,484
Interest Income Recognized, With no related allowance recorded	13	65	27	134
Average Recorded Investment, With an allowance recorded	2,688	1,884	3,052	1,529
Interest Income Recognized, With an allowance recorded	33	1	63	1
Average Recorded Investment, Total	6,049	6,887	5,611	7,013
Interest Income Recognized, Total	46	66	90	135
Forgone interest on nonaccrual loans	15	100	105	124
Commercial
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded					447
Upaid Principal Balance, With no related allowance recorded					612
Average Recorded Investment, With no related allowance recorded			429	149
Interest Income Recognized, With no related allowance recorded			0	0
Average Recorded Investment, With an allowance recorded			30	638
Interest Income Recognized, With an allowance recorded			1	1
Commercial and industrial
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	404		404		447
Upaid Principal Balance, With no related allowance recorded	585		585		612
Cash flows expected to be collected at acquisition	23		23		40
Unpaid Principal Balance, With an allowance recorded	23		23		40
Related Allowance	1		1		3
Average Recorded Investment, With no related allowance recorded	418	33	429	149
Interest Income Recognized, With no related allowance recorded	0	0	0	0
Average Recorded Investment, With an allowance recorded	23	1,032	30	638
Interest Income Recognized, With an allowance recorded	0	1	1	1
Agricultural land and production
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With no related allowance recorded			0	0
Interest Income Recognized, With no related allowance recorded			0	0
Average Recorded Investment, With an allowance recorded			0	0
Interest Income Recognized, With an allowance recorded			0	0
Real estate
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	3,300		3,300		934
Upaid Principal Balance, With no related allowance recorded	3,575		3,575		1,078
Cash flows expected to be collected at acquisition	1,948		1,948		3,304
Unpaid Principal Balance, With an allowance recorded	1,948		1,948		3,368
Related Allowance	29		29		241
Average Recorded Investment, With no related allowance recorded	2,810	4,058	2,004	4,265
Interest Income Recognized, With no related allowance recorded	13	65	27	134
Average Recorded Investment, With an allowance recorded	2,609	726	2,894	734
Interest Income Recognized, With an allowance recorded	32	0	61	0
Owner occupied
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded					107
Upaid Principal Balance, With no related allowance recorded					111
Average Recorded Investment, With no related allowance recorded	0	162	45	212
Interest Income Recognized, With no related allowance recorded	0	51	0	106
Average Recorded Investment, With an allowance recorded	0	173	0	175
Interest Income Recognized, With an allowance recorded	0	0	0	0
Real estate construction and other land loans
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	1,459		1,459
Upaid Principal Balance, With no related allowance recorded	1,495		1,495
Cash flows expected to be collected at acquisition	1,889		1,889		2,222
Unpaid Principal Balance, With an allowance recorded	1,889		1,889		2,222
Related Allowance	28		28		79
Average Recorded Investment, With no related allowance recorded	1,478	2,901	844	2,988
Interest Income Recognized, With no related allowance recorded	0	14	0	28
Average Recorded Investment, With an allowance recorded	2,026	0	2,101	0
Interest Income Recognized, With an allowance recorded	31	0	60	0
Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	1,841		1,841		827
Upaid Principal Balance, With no related allowance recorded	2,080		2,080		967
Cash flows expected to be collected at acquisition					1,082
Unpaid Principal Balance, With an allowance recorded					1,146
Related Allowance					162
Average Recorded Investment, With no related allowance recorded	1,332	995	1,115	1,065
Interest Income Recognized, With no related allowance recorded	13	0	27	0
Average Recorded Investment, With an allowance recorded	525	553	759	559
Interest Income Recognized, With an allowance recorded	0	0	0	0
Agricultural real estate
Financing Receivable, Impaired [Line Items]
Cash flows expected to be collected at acquisition	59		59
Unpaid Principal Balance, With an allowance recorded	59		59
Related Allowance	1		1
Average Recorded Investment, With no related allowance recorded			0	0
Interest Income Recognized, With no related allowance recorded			0	0
Average Recorded Investment, With an allowance recorded	58	0	34	0
Interest Income Recognized, With an allowance recorded	1	0	1	0
Other real estate
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With no related allowance recorded			0	0
Interest Income Recognized, With no related allowance recorded			0	0
Average Recorded Investment, With an allowance recorded			0	0
Interest Income Recognized, With an allowance recorded			0	0
Consumer
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded					173
Upaid Principal Balance, With no related allowance recorded					243
Cash flows expected to be collected at acquisition					371
Unpaid Principal Balance, With an allowance recorded					376
Related Allowance					63
Average Recorded Investment, With no related allowance recorded	133	912	126	1,070
Interest Income Recognized, With no related allowance recorded	0	0	0	0
Average Recorded Investment, With an allowance recorded	56	126	128	157
Interest Income Recognized, With an allowance recorded	1	0	1	0
Equity loans and lines of credit
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	161		161		167
Upaid Principal Balance, With no related allowance recorded	215		215		234
Cash flows expected to be collected at acquisition	46		46		359
Unpaid Principal Balance, With an allowance recorded	46		46		364
Related Allowance	46		46		61
Average Recorded Investment, With no related allowance recorded	133	902	124	1,065
Interest Income Recognized, With no related allowance recorded	0	0	0	0
Average Recorded Investment, With an allowance recorded	56	126	126	152
Interest Income Recognized, With an allowance recorded	1	0	1	0
Consumer and installment
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded					6
Upaid Principal Balance, With no related allowance recorded					9
Cash flows expected to be collected at acquisition					12
Unpaid Principal Balance, With an allowance recorded					12
Related Allowance					$ 2
Average Recorded Investment, With no related allowance recorded	0	10	2	5
Interest Income Recognized, With no related allowance recorded	0	0	0	0
Average Recorded Investment, With an allowance recorded	0	0	2	5
Interest Income Recognized, With an allowance recorded	$ 0	$ 0	$ 0	$ 0

Loans and Allowance for Credi46

Loans and Allowance for Credit Losses - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)contract	Jun. 30, 2016USD ($)contract	Jun. 30, 2017USD ($)Loanscontract	Jun. 30, 2016USD ($)Loanscontract	Dec. 31, 2016USD ($)
Financing Receivable, Modifications [Line Items]
Outstanding Recorded Investment	$ 2,847		$ 2,847		$ 3,109
Reserves specific to modified loans	30		30		$ 82
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		$ 0
Defaults on troubled debt restructurings | contract	0	0	0	0
Commercial and industrial
Financing Receivable, Modifications [Line Items]
Outstanding Recorded Investment	$ 123	$ 44	$ 123	$ 44
Number of Loans | Loans			2	2
Pre-Modification Outstanding Recorded Investment			$ 121	$ 45
Principal Modification			0	0
Post Modification Outstanding Recorded Investment			125	$ 45
Agricultural real estate
Financing Receivable, Modifications [Line Items]
Outstanding Recorded Investment	59		$ 59
Number of Loans | Loans			1
Pre-Modification Outstanding Recorded Investment			$ 59
Principal Modification			0
Post Modification Outstanding Recorded Investment			59
Equity loans and lines of credit
Financing Receivable, Modifications [Line Items]
Outstanding Recorded Investment	$ 64		$ 64
Number of Loans | Loans			1
Pre-Modification Outstanding Recorded Investment			$ 62
Principal Modification			0
Post Modification Outstanding Recorded Investment			$ 66

Goodwill and Intangible Asset47

Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Goodwill and Intangible Assets
Goodwill	$ 40,311		$ 40,311		$ 40,231
Intangible assets, net	1,289		1,289		$ 1,383
Intangible assets, accumulated amortization	584		584
Amortization of intangible assets	47	$ 34	$ 94	$ 68
Core deposits | Maximum
Goodwill and Intangible Assets
Estimated useful life			10 years
Service 1st Bank
Goodwill and Intangible Assets
Goodwill	14,643		$ 14,643
Bank of Madera County
Goodwill and Intangible Assets
Goodwill	8,934		8,934
Visalia Community Bank
Goodwill and Intangible Assets
Goodwill	6,340		6,340
Visalia Community Bank | Core deposits
Goodwill and Intangible Assets
Core deposit relationships acquired			1,365
Sierra Vista Bank
Goodwill and Intangible Assets
Goodwill	$ 10,394		10,394
Sierra Vista Bank | Core deposits
Goodwill and Intangible Assets
Core deposit relationships acquired			$ 508

Goodwill and Intangible Asset48

Goodwill and Intangible Assets - Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
2,017	$ 95
2,018	188
2,019	188
2,020	188
2,021	188
Thereafter	442
Finite-Lived Intangible Assets, Net	$ 1,289	$ 1,383

Borrowing Arrangements (Details

Borrowing Arrangements (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Borrowing Arrangements
Investments securing FHLB advances, amortized cost	$ 520,905,000
Federal Funds Purchased	0	$ 400,000
Federal Home Loan Bank Advances [Member] | Securities Pledged as Collateral
Borrowing Arrangements
Investments securing FHLB advances, amortized cost	467,000	584,000
Estimated Fair Value	509,000	637,000
San Fransisco Branch
Borrowing Arrangements
Advances from FHLB	$ 0	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Income Taxes
Recognition of excess tax benefit	$ 12	$ 104
CALIFORNIA
Income Taxes
Unrecognized Tax Benefits	$ 197	$ 197	$ 286

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Probable loan loss experience on unfunded obligations [Member]
Commitments and Contingencies
Estimate of possible loss	$ 225	$ 125
Commitments to extend credit
Commitments and Contingencies
Commitments to extend credit	311,416	259,415
Undisbursed lines of credit
Commitments and Contingencies
Commitments to extend credit	$ 310,621	257,557
Undisbursed lines of credit | Minimum
Commitments and Contingencies
Commitments to extend credit, term of agreement	1 month
Undisbursed lines of credit | Maximum
Commitments and Contingencies
Commitments to extend credit, term of agreement	12 months
Undisbursed portions of construction loans
Commitments and Contingencies
Commitments to extend credit	$ 80,727	43,208
Standby letters of credit and financial guarantees
Commitments and Contingencies
Commitments to extend credit	$ 795	$ 1,858
Standby letters of credit and financial guarantees | Maximum
Commitments and Contingencies
Commitments to extend credit, term of agreement	1 year

Earnings Per Share - Basic (Det

Earnings Per Share - Basic (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Basic Earnings Per share
Net Income	$ 4,948	$ 6,058	$ 9,198	$ 9,461
Less: Preferred stock dividends and accretion	0	0	0	0
Net income	$ 4,948	$ 6,058	$ 9,198	$ 9,461
Weighted average shares outstanding (in shares)	12,207,570	10,970,782	12,187,324	10,962,314
Basic earnings per share (in dollars per share)	$ 0.41	$ 0.55	$ 0.75	$ 0.86

Earnings Per Share - Diluted (D

Earnings Per Share - Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Diluted Earnings Per share
Net income available to common shareholders	$ 4,948	$ 6,058	$ 9,198	$ 9,461
Weighted average shares outstanding (in shares)	12,207,570	10,970,782	12,187,324	10,962,314
Effect of dilutive stock options (in shares)	131,314	97,108	140,473	91,955
Weighted average shares of common stock and common stock equivalents (in shares)	12,338,884	11,067,890	12,327,797	11,054,269
Diluted earnings per share (in dollars per share)	$ 0.40	$ 0.55	$ 0.75	$ 0.86
Anti-dilutive options and restricted stock awards (in shares)	0	0	0	8,850

Share-Based Compensation - Text

Share-Based Compensation - Textual (Details)	Jun. 02, 2017shares	Jun. 30, 2017USD ($)planshares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)plan$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of plans | plan		3		3
Share-based compensation expense		$ 30,000	$ 55,000	$ 233,000	$ 108,000
Unrecognized compensation cost related to non-vested share-based compensation arrangements		$ 7,000		$ 7,000
Weighted average period to recognize unrecognized share-based compensation cost				1 month 42 days
Other than options vested				$ 0	$ 0
Granted (in shares) | shares				0	0
Nonvested and expected to vest (in shares) | shares				81,186
Employee Stock Purchase Plan (ESPP)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Offering period	6 months
Discount from market price	10.00%
Shares reserved for plan (in shares) | shares	500,000
Shares available for grant (in shares) | shares		500,000		500,000
2005 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				5 years
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payroll deductions	1.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payroll deductions	15.00%
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit of stock option compensation expense		$ 10,000	$ 3,000	$ 104,000	$ 28,000
Restricted Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to non-vested share-based compensation arrangements		812,000		$ 812,000
Granted (in shares) | shares				0	8,850
Granted (in dollars per share) | $ / shares				$ 0	$ 11.30
Weighted average remaining period				3 years 3 months 11 days
Intrinsic value		$ 1,799,000		$ 1,799,000
Restricted Common Stock | Annual Vesting
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percent				20.00%

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Stock option activity
Options outstanding (in shares)			202,215
Options exercised (in shares)			(68,965)
Options cancelled (in shares)			(1,380)
Options outstanding (in shares)	131,870		131,870
Options vested or expected to vest (in shares)	131,070		131,070
Options exercisable (in shares)	118,140		118,140
Stock option activity, weighted average exercise price
Options Outstanding, weighted average exercise price (in dollars per share)			$ 6.87
Options exercised, weighted average exercise price (in dollars per share)			6.75
Options canceled, weighted average exercise price (in dollars per share)			8.02
Options Outstanding, weighted average exercise price (in dollars per share)	$ 6.92		6.92
Options vested or expected to vest, weighted average exercise price (in dollars per share)	6.91		6.91
Options exercisable, weighted average exercise price (in dollars per share)	$ 6.79		$ 6.79
Options outstanding, weighted average remaining contractual term			3 years 12 months 24 days
Options vested or expected to vest, weighted average remaining contractual term			3 years 11 months 5 days
Options exercisable, weighted average remaining contractual term			3 years 12 months 22 days
Options outstanding, aggregate intrinsic value	$ 2,010		$ 2,010
Options vested or expected to vest, aggregate intrinsic value	1,998		1,998
Options exercisable, aggregate intrinsic value	1,816		1,816
Intrinsic value of options exercised			951	$ 126
Cash received from options exercised			466	161
Excess tax benefit realized for options exercises	$ 10	$ 3	$ 104	$ 8

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Common Stock Awards (Details) - Restricted Common Stock - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Shares
Nonvested outstanding shares beginning balance (in shares)	93,501
Granted (in shares)	0
Vested (in shares)	(11,205)
Forfeited (in shares)	(1,110)
Nonvested outstanding shares ending balance (in shares)	81,186
Weighted Average Grant-Date Fair Value
Nonvested outstanding shares beginning balance (in dollars per share)	$ 13.35
Granted (in dollars per share)	0	$ 11.30
Vested (in dollars per share)	12.66
Forfeited (in dollars per share)	13.86
Nonvested outstanding shares ending balance (in dollars per share)	$ 13.44

Subsequent Events (Details)

Subsequent Events (Details)	Jul. 19, 2017$ / shares
Subsequent Event [Member]
Business Acquisition [Line Items]
Dividends declared (in dollars per share)	$ 0.06