Two River Bancorp (TRCB) 10-Q 9 May 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 04, 2018
Document And Entity Information
Entity Registrant Name	Two River Bancorp
Entity Central Index Key	1,343,034
Trading Symbol	trcb
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding (in shares)		8,530,373
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 13,452	$ 29,575
Interest-bearing deposits in bank	15,143	18,644
Cash and cash equivalents	28,595	48,219
Securities available for sale	30,412	28,684
Securities held to maturity (fair value of $57,616 and $58,549 at March 31, 2018 and December 31, 2017, respectively)	57,819	58,002
Equity securities (amortized cost of $2,517 and $2,503 at March 31, 2018 and December 31, 2017, respectively)	2,423	2,448
Restricted investments, at cost	5,597	5,430
Loans held for sale	1,834	2,581
Loans	872,327	850,874
Allowance for loan losses	(10,962)	(10,668)
Net loans	861,365	840,206
Bank owned life insurance	21,703	21,573
Premises and equipment, net	6,157	6,239
Accrued interest receivable	2,492	2,554
Goodwill	18,109	18,109
Other assets	5,721	5,753
Total Assets	1,042,227	1,039,798
Deposits:
Non-interest-bearing	158,775	167,297
Interest-bearing	712,129	694,260
Total Deposits	870,904	861,557
Securities sold under agreements to repurchase	18,472	27,120
FHLB and other borrowings	24,500	25,800
Subordinated debt	9,896	9,888
Accrued interest payable	69	70
Other liabilities	9,406	8,792
Total Liabilities	933,247	933,227
Shareholders' Equity
Preferred stock, no par value	0	0
Common stock, no par value	79,932	79,678
Retained earnings	31,907	29,593
Treasury stock, at cost; 312,094 shares at March 31, 2018 and December 31, 2017	(2,396)	(2,396)
Accumulated other comprehensive loss	(463)	(304)
Total Shareholders' Equity	108,980	106,571
Total Liabilities and Shareholders’ Equity	$ 1,042,227	$ 1,039,798

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Securities held to maturity, fair value	$ 57,616	$ 58,549
Equity securities amortized cost	$ 2,517	$ 2,503
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	6,500,000	6,500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	8,836,726	8,782,124
Common stock, shares outstanding (in shares)	8,524,632	8,470,030
Treasury stock, shares (in shares)	312,094	312,094

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest Income
Loans, including fees	$ 9,821	$ 8,403
Securities:
Taxable	297	233
Tax-exempt	282	285
Interest-bearing deposits	67	72
Total Interest Income	10,467	8,993
Interest Expense
Deposits	1,358	1,038
Securities sold under agreements to repurchase	14	15
FHLB and other borrowings	130	145
Subordinated debt	165	165
Total Interest Expense	1,667	1,363
Net Interest Income	8,800	7,630
Provision for Loan Losses	400	225
Net Interest Income after Provision for Loan Losses	8,400	7,405
Non-Interest Income
Service fees on deposit accounts	238	150
Mortgage banking	338	426
Other loan fees	111	92
Earnings from investment in bank owned life insurance	130	136
Gain on sale of SBA loans	331	117
Other income	162	204
Total Non-Interest Income	1,310	1,125
Non-Interest Expenses
Salaries and employee benefits	3,885	3,453
Occupancy and equipment	1,090	1,054
Professional	340	341
Insurance	57	48
FDIC insurance and assessments	123	123
Advertising	60	110
Data processing	152	130
Outside services fees	81	103
OREO expenses, impairments and sales, net	(1)	(3)
Loan workout expenses	51	27
Other operating	389	391
Total Non-Interest Expenses	6,227	5,777
Income before Income Taxes	3,483	2,753
Income tax expense	807	951
Net Income	$ 2,676	$ 1,802
Earnings Per Common Share:
Basic (in dollars per share)	$ 0.32	$ 0.22
Diluted (in dollars per share)	$ 0.31	$ 0.21
Weighted average common shares outstanding
Basic (in shares)	8,447	8,341
Diluted (in shares)	8,675	8,618

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 2,676	$ 1,802
Other comprehensive income (loss):
Unrealized holdings (losses)/gains on securities available for sale, net of income tax (benefit)/expense	(139)	69
Other comprehensive income (loss)	(139)	69
Total comprehensive income	$ 2,537	$ 1,871

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Unrealized holding gain on securities available for sale, income tax expense	$ (54)	$ 44

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Beginning Balance (in shares) at Dec. 31, 2016		8,365,442,000
Beginning Balance at Dec. 31, 2016	$ 100,716	$ 79,056	$ 24,447	$ (2,396)	$ (391)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,802		1,802
Other comprehensive loss	69				69
Stock-based compensation expense	69	$ 69
Cash dividends on common stock	(319)		(319)
Options exercised (in shares)		13,890,000
Options exercised	54	$ 54
Employee stock purchase program (in shares)		1,086,000
Employee stock purchase program	15	$ 15
Restricted stock awards (in shares)		10,018,000
Common stock dividend – adjustment (in shares)		(1,069,000)
Ending Balance (in shares) at Mar. 31, 2017		8,389,367,000
Ending Balance at Mar. 31, 2017	102,406	$ 79,194	25,930	(2,396)	(322)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
AOCI reclassification due to adoption of ASU 2016-01			(39)		39
Beginning Balance (in shares) at Dec. 31, 2017		8,470,030,000
Beginning Balance at Dec. 31, 2017	106,571	$ 79,678	29,593	(2,396)	(304)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,676		2,676
Other comprehensive loss	(139)				(139)
Stock-based compensation expense	65	$ 65
Cash dividends on common stock	$ (382)		(382)
Options exercised (in shares)	45,730	45,730,000
Options exercised	$ 172	$ 172
AOCI reclassification related to Tax Reform	(59)		59		(59)
Employee stock purchase program (in shares)		972,000
Employee stock purchase program	17	$ 17
Restricted stock awards (in shares)		8,400,000
Shares forfeited (in shares)		(500,000)
Ending Balance (in shares) at Mar. 31, 2018		8,524,632,000
Ending Balance at Mar. 31, 2018	$ 108,980	$ 79,932	$ 31,907	$ (2,396)	$ (463)

Consolidated Statements of Sha8

Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Common Stock
Cash dividends on common stock, per share (in dollars per share)	$ 0.045	$ 0.04

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash Flows From Operating Activities
Net income	$ 2,676	$ 1,802
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	166	189
Provision for Loan Losses	400	225
Amortization of subordinated debt issuance costs	8	8
Net amortization of securities premiums and discounts	186	218
Earnings from investment in bank owned life insurance	(130)	(136)
Proceeds from sale of mortgage loans held for sale	11,830	15,808
Origination of mortgage loans held for sale	(11,963)	(13,345)
Gain on sale of mortgage loans held for sale	(201)	(294)
Gain on sale of loans transferred from held for investment to held for sale	(100)	(91)
Stock-based compensation expense	65	69
Proceeds from sale of SBA loans held for sale	1,412	3,408
Origination of SBA loans held for sale	0	(4,686)
Gain from sale of SBA loans held for sale	(331)	(117)
Unrealized loss on CRA Mutual Fund	40	0
Decrease (Increase) in assets:
Accrued interest receivable	62	144
Other assets	25	(108)
Increase (decrease) in liabilities:
Accrued interest payable	(1)	(2)
Other liabilities	614	1,506
Net Cash Provided by Operating Activities	4,758	4,598
Cash Flows From Investing Activities
Purchase of securities available for sale	(2,996)	0
Purchase of securities held to maturity	(598)	0
Proceeds from repayments, calls and maturities of securities available for sale	1,048	1,679
Proceeds from repayments, calls and maturities of securities held to maturity	668	659
Proceeds from sale of loans transferred from held for investment to held for sale	5,080	4,638
Net increase in loans	(26,539)	(14,365)
Purchases of premises and equipment	(84)	(854)
Purchase of restricted investments, net	(167)	(181)
Net Cash Used In Investing Activities	(23,588)	(8,424)
Cash Flows From Financing Activities
Net increase in deposits	9,347	23,138
Net (decrease) increase in securities sold under agreements to repurchase	(8,648)	1,522
Repayment of FHLB and other borrowings	(1,300)	(1,000)
Cash dividends paid – common stock	(382)	(319)
Proceeds from employee stock purchase plan	17	15
Proceeds from exercise of stock options	172	54
Net Cash (Used In) Provided by Financing Activities	(794)	23,410
Net (Decrease) Increase in Cash and Cash Equivalents	(19,624)	19,584
Cash and Cash Equivalents – Beginning	48,219	42,077
Cash and Cash Equivalents - Ending	28,595	61,661
Supplementary cash flow information:
Interest paid	1,668	1,365
Income taxes paid	7	3
Supplemental schedule of non-cash activities:
Transfer of loans held for investment to loans held for sale	$ 4,980	$ 4,547

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements include the accounts of Two River Bancorp (the “Company”), a bank holding company, and its wholly-owned subsidiary, Two River Community Bank (“Two River” or the “Bank”); Two River’s wholly-owned subsidiaries, TRCB Investment Corporation and TRCB Holdings Eight LLC. All inter-company balances and transactions have been eliminated in the consolidated financial statements. The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for full year financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and are of a normal, recurring nature. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018 . These consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto for the year ended December 31, 2017 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 15, 2018 (the “ 2017 Form 10-K”). For a description of the Company’s significant accounting policies, refer to Note 1 of the Notes to Consolidated Financial Statements in the 2017 Form 10-K. The Company has evaluated events and transactions occurring subsequent to the balance sheet date of March 31, 2018 for items that should potentially be recognized or disclosed in these consolidated financial statements.

New Accounting Standards

New Accounting Standards	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
New Accounting Standards	NEW ACCOUNTING STANDARDS ASU 2014-09: In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) , superseding the revenue recognition requirements in ASC 605. This ASU requires an entity to recognize revenue for 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 amendment includes a five-step process to assist an entity in achieving the main principle(s) of revenue recognition under ASC 605. In March 2016, the FASB also issued ASU 2016-08, an amendment to the guidance in ASU 2014-09, which reframed the structure of the indicators of when an entity is acting as an agent and focused on evidence that an entity is acting as the principal or agent in a revenue transaction. ASU 2016-08 also eliminated two of the indicators (the entity’s consideration is in the form of a commission, and the entity is not exposed to credit risk) in making that determination. This amendment also clarifies that each indicator may be more or less relevant to the assessment depending on the terms and conditions of the contract. In May 2016, the FASB issued ASU 2016-12, an amendment to ASU 2014-09, which provided practical expedients related to disclosures of remaining performance obligations, as well as other amendments to guidance on transition, collectability, non-cash consideration and presentation of sales and other similar taxes. The amendments, collectively, should be applied retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption (modified retrospective approach). Because the ASU does not apply to revenue associated with financial instruments (including loans and securities), the Company concluded that the new guidance did not have a material impact on the elements of its consolidated statements of operations most closely associated with financial instruments (such as interest income, interest expense and securities gains). This ASU was effective for the Company on January 1, 2018. The Company completed its identification of all revenue streams included in its financial statements and has identified its deposit- related fees, service charges, debit and interchange income to be within the scope of the standard. The Company has also completed its review of the related contracts and its evaluation of certain costs related to these revenue streams to determine whether such costs should be presented as expenses or contra-revenue (i.e., gross vs. net). The Company's overall assessment indicates that adoption of this ASU will not materially change its current method and timing of recognizing revenue for the identified revenue streams. Based on its evaluation, the Company determined that the classification of certain debit card interchange costs should change (i.e. costs previously recorded as expenses are now recorded as contra-revenue). This classification change resulted in immaterial charges to both revenue and expense. The Company adopted this ASU on January 1, 2018, on a modified retrospective approach. Since there was no net income impact upon adoption of the new guidance, a cumulative effect adjustment to opening retained earnings was not deemed necessary. Consistent with the modified retrospective approach, the Company did not adjust prior period amounts for the debit card interchange costs noted above. See Note 3, Revenue Recognition , for more information. The adoption of this ASU, as discussed above, did not have a significant impact to the Company's financial condition, results of operations and consolidated financial statements. ASU 2016-01: In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments -- Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Liabilities , that clarifies the guidance in ASU 2016-01. ASU 2016-01 requires equity investments to be measured at fair value with changes in fair value recognized in net income; provides for a practicability exception election for equity investments without readily determinable fair values; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; eliminates the requirement for nonpublic business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company completed its evaluation of the provisions of ASU 2016-01 and determined that the CRA Mutual Fund falls under ASU 2016-01. The Company adopted this ASU effective January 1, 2018 and the impact amounted to a cumulative effect adjustment of $39,000 as a reclassification from accumulated other comprehensive loss to retained earnings. Additionally, all future unrealized gains and losses will be recognized in the Statements of Operations. As such, during the first quarter of 2018, an unrealized loss of $40,000 was recorded in Other Income (see Note 6, Securities , for more information). Additionally, the Company measured the fair value of its loan portfolio as of March 31, 2018 using an exit price notion (see Note 13, Fair Value Measurements ). ASU 2016-02: In February 2016, the FASB issued ASU No. 2016-02, Leases. From the lessee’s perspective, the new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement for a lessee. From the lessor’s perspective, the new standard requires a lessor to classify leases as either sales-type, finance or operating. A lease will be treated as a sale if it transfers all of the risks and rewards, as well as control of the underlying asset, to the lessee. If risks and rewards are conveyed without the transfer of control, the lease is treated as a financing. If the lessor doesn’t convey risks and rewards or control, an operating lease results. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. A modified retrospective transition approach is required for lessors for sales-type, direct financing, and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company has determined that the provisions of ASU 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 its financial position, results of operations or cash flows. ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326) . This ASU requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Entities will now use forward-looking information to better form their credit loss estimates. The ASU also requires enhanced disclosures to help financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. For public entities that are SEC filers, this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. For public entities that are not SEC filers, this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. For non-public entities, this ASU is effective for fiscal years beginning after December 15, 2020, and for interim periods within fiscal years beginning after December 15, 2021. Early application will be permitted for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. While the Company is currently evaluating the provisions of ASU 2016-13 to determine the potential impact the new standard will have on its consolidated financial statements, it has taken steps to prepare for the implementation when it becomes effective, such as forming an internal task force, selecting an outside vendor, gathering pertinent data, and running quarterly update reports to evaluate output. ASU 2016-15: In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments . ASU 2016-15 addresses changes to reduce the presentation diversity of certain cash receipts and cash payments in the statement of cash flows, including debt prepayment or extinguishment costs, settlement of certain debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, and distributions received from equity method investees. The guidance becomes effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, with early adoption permitted. An entity that elects early adoption must adopt all of the amendments in the same period. The new standard will be applied retrospectively, but may be applied prospectively if retrospective application would be impracticable. The Company adopted this ASU and the impact is not material on the financial statements. ASU 2016-18: In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. ASU 2016-18 was issued to address divergence in the way restricted cash is classified and presented. The amendments in the update require that a statement of cash flows explain the change during a reporting period in the total of cash, cash equivalents, and amounts generally described as restricted cash and restricted cash equivalents. The amendments in this update apply to entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendment says that transfers between cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents are not part of the entity's operating, investing, and financing activities. For public business entities, ASU 2016-18 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company adopted this ASU and the impact is not material on the financial statements. ASU 2017-04: In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350) . ASU 2017-04 removes Step 2 from the goodwill impairment test. Under the amendments in this update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Board also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. Therefore, the same impairment assessment applies to all reporting units. An entity is required to disclose the amount of goodwill allocated to each reporting unit with a zero or negative carrying amount of net assets. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. For public entities that are SEC filers, this ASU is effective for its annual, or any goodwill impairment tests in fiscal years, beginning after December 15, 2019. For public entities that are not SEC filers, this ASU is effective for its annual, or any goodwill impairment tests in fiscal years, beginning after December 15, 2020. For non-public entities, this ASU is effective for its annual, or any goodwill impairment tests in fiscal years, beginning after December 15, 2021. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the new guidance but has determined that this standard should not have a material impact on its consolidated financial statements. ASU 2017-09: In May 2017, the FASB issued ASU No. 2017-09, “Stock Compensation, Scope of Modification Accounting.” This ASU clarifies when changes to the terms of conditions of a share-based payment award must be accounted for as modifications. Companies will apply the modification accounting guidance if the value, vesting conditions or classification of the award changes. The new guidance should reduce diversity in practice and result in fewer changes to the terms of an award being accounted for as modifications, as the guidance will allow companies to make certain non-substantive changes to awards without accounting for them as modifications. It does not change the accounting for modifications. ASU No. 2017-09 is effective for interim and annual reporting periods beginning after December 15, 2017; early adoption is permitted. The Company adopted this ASU and the impact is not material on the financial statements. ASU 2018-02: In February 2018, the FASB issued ASU 2018-02, “Income Statement - Reporting Comprehensive Income (Topic 220) - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” This ASU was issued to address a narrow-scope financial reporting issue that arose as a result of the enactment of the Tax Cuts and Jobs Act (“Tax Reform”) on December 22, 2017. The objective of ASU 2018-02 is to address the tax effects of items within accumulated other comprehensive income (referred to as “stranded tax effects”) that do not reflect the appropriate tax rate enacted in the Tax Reform. As a result, the ASU 2018-02 allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the newly enacted federal corporate income tax rate. The amount of the reclassification would be the difference between the historical corporate income tax rate of 35 percent and the newly enacted corporate income tax rate of 21 percent. ASU 2018-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted, including adoption in an interim period. The amendments in this ASU may be applied retrospectively to each period in which the effect of the change in the U.S. Federal corporate income tax rate in the Tax Reform is recognized. The Company adopted ASU 2018-02 effective January 1, 2018, and the impact amounted to $59,000 as a reclassification from accumulated other comprehensive loss to retained earnings.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION On January 1, 2018, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) , and all subsequent ASUs that modified Topic 606. As stated in Note 1, New Accounting Standards , the implementation of the new standard did not have a material impact on the measurement or recognition of revenue; as such, a cumulative effect adjustment to opening retained earnings was not deemed necessary. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain non-interest income streams such as fees associated with mortgage servicing rights, financial guarantees, derivatives, and certain credit card fees are also not in scope of the new guidance. Topic 606 is applicable to non-interest revenue streams, such as deposit related fees, interchange fees, merchant income, and brokerage and investment advisory service commissions. However, the recognition of these revenue streams did not change significantly upon adoption of Topic 606. Substantially all of the Company’s revenue is generated from contracts with customers. Non-interest revenue streams in-scope of Topic 606 are discussed below. Service Fees on Deposit Accounts Service charges on deposit accounts consist of account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Other Income Other non-interest income consists of other recurring revenue streams such as debit card income, credit card income, ATM fees, merchant services income, commissions from sales of mutual funds and other investments provided through a third party brokerage and investment advisory service firm, safe deposit box rental fees, and other miscellaneous revenue streams. Debit card income is primarily comprised of interchange fees earned whenever the Company’s debit cards are processed through card payment networks, such as MasterCard. Credit card income is realized through a third party provider who issues credit cards as private label in the Company's name. ATM fees are primarily generated when a non-Company cardholder uses a Company ATM. The income is primarily comprised as a percentage of interchange fees earned whenever the issuer's card is processed through card payment networks, such as Visa and/or American Express. Merchant services income is realized through a third party service provider who is contracted by the Bank under a referral arrangement. Such fees represent fees charged to merchants to process their debit card transactions, in addition to account management fees. Other service charges include revenue from processing wire transfers, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Commissions received from the third party brokerage and investment advisory service firm from the sale of mutual funds and other investments are recognized when the firm has satisfied its performance obligation. The Company also receives periodic service fees (i.e., trailers) from this advisory service firm typically based on a percentage of net asset value. Trailer revenue is recorded over time, usually monthly or quarterly, as net asset value is determined. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Company determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation. The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31, 2018 and 2017. Three Months Ended March 31, 2018 2017 (Dollars in Thousands) Non-Interest Income In-scope of Topic 606 Service fees on Deposit Accounts $ 238 $ 150 Other income 133 169 Non-Interest Income (in-scope of Topic 606) 371 319 Non-Interest Income (out-of-scope of Topic 606) 939 806 Total Non-Interest Income $ 1,310 $ 1,125 Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s non-interest revenue streams are largely based on transactional activity, or standard month-end revenue accruals. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and revenue is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. As of March 31, 2018 and December 31, 2017, the Company did not have any significant contract balances. Contract Acquisition Costs In connection with the adoption of Topic 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer if these costs are expected to be recovered. The incremental costs of obtaining a contract are those costs that an entity incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained (for example, sales commission). The Company utilizes the practical expedient which allows entities to immediately expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in one year or less. Upon adoption of Topic 606, the Company did not capitalize any contract acquisition cost.

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	GOODWILL The Company’s goodwill was recognized in connection with the acquisition of The Town Bank (“Town Bank”) in April 2006. GAAP requires that goodwill be tested for impairment annually or more frequently if impairment indicators arise utilizing a two-step methodology. However, a qualitative factor test can be performed to determine whether it is necessary to perform the two-step quantitative impairment test. If this qualitative test determines it is not likely (less than 50% probability) the fair value of the reporting unit is less than book value, then the Company does not have to perform a step one quantitative test and goodwill can be considered not impaired. The Company reviewed the requirements of ASU 350-20 and examples of qualitative assessments to determine whether the weight of evidence indicates greater than 50% likelihood exists that the carrying value of the reporting unit exceeds it's fair value. The nine qualitative assessments used are macroeconomic factors, banking industry conditions, banking industry merger and acquisition trends, bank historical performance, parent stock price, expected bank performance, change of control premium (parent), change of control premium (peer), and other factors. The Company performed its annual qualitative factor impairment test as of August 31, 2017. Based on the results of this analysis, the Company determined that there was no impairment on the current goodwill balance of $18,109,000 .

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Common Share	EARNINGS PER COMMON SHARE Basic earnings per common share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding excluding restricted stock awards outstanding during the period. Diluted earnings per common share reflects additional shares of common stock that would have been outstanding if dilutive potential shares of common stock had been issued relating to outstanding stock options and restricted stock awards. Potential shares of common stock issuable upon the exercise of stock options are determined using the treasury stock method. All share and per share data have been adjusted to reflect a 5% stock dividend paid on February 28, 2017. The following table sets forth the computations of basic and diluted earnings per common share: Three Months Ended March 31, 2018 2017 (In Thousands, Except Per Share Data) Net income $ 2,676 $ 1,802 Weighted average common shares outstanding – Basic 8,447 8,341 Effect of dilutive securities, stock options and restricted stock 228 277 Weighted average common shares outstanding – Diluted 8,675 8,618 Basic earnings per common share $ 0.32 $ 0.22 Diluted earnings per common share $ 0.31 $ 0.21 Dilutive securities in the table above exclude common stock options with exercise prices that exceed the average market price of the Company’s common stock during the periods presented. Inclusion of these common stock options would be anti-dilutive to the diluted earnings per common share calculation. There were no stock options that were anti-dilutive for the three months ended March 31, 2018 and 2017 .

Securities

Securities	3 Months Ended
	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Securities	SECURITIES The amortized cost, gross unrealized gains and losses, and fair values of the Company’s securities are summarized as follows: (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2018: Securities available for sale: U.S. Government agency securities $ 12,907 $ 1 $ (89 ) $ 12,819 Municipal securities 493 — — 493 U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities 7,855 1 (224 ) 7,632 U.S. Government collateralized residential mortgage obligations 7,299 5 (268 ) 7,036 Corporate debt securities, primarily financial institutions 2,494 3 (65 ) 2,432 Total securities available for sale $ 31,048 $ 10 $ (646 ) $ 30,412 Total equity securities $ 2,517 $ — $ (94 ) $ 2,423 Securities held to maturity: Municipal securities $ 46,893 $ 358 $ (192 ) $ 47,059 GSE – Residential mortgage-backed securities 6,997 — (243 ) 6,754 U.S. Government collateralized residential mortgage obligations 2,103 — (61 ) 2,042 Corporate debt securities, primarily financial institutions 1,826 — (65 ) 1,761 Total securities held to maturity $ 57,819 $ 358 $ (561 ) $ 57,616 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2017: Securities available for sale: U.S. Government agency securities $ 10,105 $ — $ (48 ) $ 10,057 Municipal securities 494 1 — 495 GSE – residential mortgage-backed securities 8,362 — (143 ) 8,219 U.S. Government collateralized residential mortgage obligations 7,672 1 (191 ) 7,482 Corporate debt securities, primarily financial institutions 2,494 9 (72 ) 2,431 Total securities available for sale $ 29,127 $ 11 $ (454 ) $ 28,684 Total equity securities $ 2,503 $ — $ (55 ) $ 2,448 Securities held to maturity: Municipal securities $ 46,614 $ 812 $ (20 ) $ 47,406 GSE – residential mortgage-backed securities 7,339 — (98 ) 7,241 U.S. Government collateralized residential mortgage obligations 2,224 — (46 ) 2,178 Corporate debt securities, primarily financial institutions 1,825 — (101 ) 1,724 Total securities held to maturity $ 58,002 $ 812 $ (265 ) $ 58,549 The amortized cost and fair value of the Company’s debt securities at March 31, 2018 , by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value (In Thousands) Due in one year or less $ 1,249 $ 1,249 $ 14,225 $ 14,248 Due in one year through five years 7,580 7,520 2,373 2,396 Due in five years through ten years 833 831 8,387 8,389 Due after ten years 6,232 6,144 23,734 23,787 Sub-total 15,894 15,744 48,719 48,820 GSE – residential mortgage-backed securities 7,855 7,632 6,997 6,754 U.S. Government collateralized residential mortgage obligations 7,299 7,036 2,103 2,042 Total $ 31,048 $ 30,412 $ 57,819 $ 57,616 The Company had no security sales for the three months ended March 31, 2018 or 2017 . Investment securities with a carrying value of $36.0 million and $34.6 million at March 31, 2018 and December 31, 2017 , respectively, were pledged as collateral to secure securities sold under agreements to repurchase and public deposits as required or permitted by law. The tables below indicate the length of time individual securities have been in a continuous unrealized loss position at March 31, 2018 and December 31, 2017 : Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2018: (In Thousands) U.S. Government agency securities $ 10,356 $ (86 ) $ 836 $ (3 ) $ 11,192 $ (89 ) Municipal securities 14,448 (192 ) — — 14,448 (192 ) GSE – residential mortgage-backed securities 5,778 (175 ) 8,429 (292 ) 14,207 (467 ) U.S. Government collateralized residential mortgage obligations 1,683 (42 ) 7,078 (287 ) 8,761 (329 ) Corporate debt securities, primarily financial institutions 492 (7 ) 2,698 (123 ) 3,190 (130 ) Total temporarily impaired securities $ 32,757 $ (502 ) $ 19,041 $ (705 ) $ 51,798 $ (1,207 ) Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2017: (In Thousands) U.S. Government agency securities $ 8,229 $ (46 ) $ 1,766 $ (2 ) $ 9,995 $ (48 ) Municipal securities 14,170 (20 ) — — 14,170 (20 ) GSE – residential mortgage-backed securities 6,302 (66 ) 9,123 (175 ) 15,425 (241 ) U.S. Government collateralized residential mortgage obligations 1,806 (20 ) 7,500 (217 ) 9,306 (237 ) Corporate debt securities, primarily financial institutions — — 2,648 (173 ) 2,648 (173 ) Equity securities — — 2,449 (55 ) 2,449 (55 ) Total temporarily impaired securities $ 30,507 $ (152 ) $ 23,486 $ (622 ) $ 53,993 $ (774 ) The Company had 70 securities in an unrealized loss position at March 31, 2018 . In management’s opinion, the unrealized losses in corporate debt, U.S. Government agencies, municipals, U.S. Government collateralized residential mortgage obligations and GSE residential mortgage-backed securities reflect changes in interest rates subsequent to the acquisition of specific securities. The unrealized loss for corporate debt securities also reflects a widening of spreads due to the liquidity and credit concerns in the financial markets. The Company may, if conditions warrant, elect to sell debt securities at a loss and redeploy the proceeds into other investments in an effort to improve returns, risk profile and overall portfolio diversification. The Company will recognize any losses when the decision is made. As of March 31, 2018 , the Company did not intend to sell these debt securities prior to market recovery. Included in corporate debt securities are four individual trust preferred securities issued by large financial institutions with Moody’s ratings from Baa1to Baa3. At March 31, 2018 , all of these securities are current with their scheduled interest payments. These single issue securities are all from large money center banks. Management concluded that these securities were not other-than-temporarily impaired as of March 31, 2018 . These four securities have an amortized cost value of $2.8 million and a fair value of $2.7 million at March 31, 2018 . There were no other-than-temporary impairments recognized during the three months ended March 31, 2018 and 2017 . Equity securities consist solely of the Community Reinvestment Act ("CRA") Mutual Fund. As a result of the adoption of ASU 2016-01 in January 2018, the Company determined that the CRA Mutual Fund falls under the provisions of ASU 2016-01and accordingly, this fund was transferred from available for sale and reclassified into equity securities on the balance sheet. These securities are measured at fair value with unrealized holding gains and losses reflected in net income. Effective January 1, 2018, the Company recorded a cumulative effect adjustment of $39,000 as a reclassification from accumulated other comprehensive loss to retained earnings. Additionally as noted above, all future unrealized gains and losses will be recognized in the Statements of Operations. As such, during the first quarter of 2018, an unrealized loss of $40,000 was recorded in Other Income.

Loans Receivable And Allowance

Loans Receivable And Allowance For Loan Losses	3 Months Ended
	Mar. 31, 2018
Receivables [Abstract]
Loans Receivable And Allowance For Loan Losses	90 Days and Accruing March 31, 2018: (In Thousands) Commercial and industrial $ 220 $ — $ 674 $ 894 $ 105,864 $ 106,758 $ — Real estate – construction — — 150 150 124,678 124,828 — Real estate – commercial 514 — 197 711 545,017 545,728 — Real estate – residential 573 — 717 1,290 63,745 65,035 — Consumer 84 40 194 318 30,430 30,748 — Total $ 1,391 $ 40 $ 1,932 $ 3,363 $ 869,734 $ 873,097 $ — 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing December 31, 2017: (In Thousands) Commercial and industrial $ 224 $ — $ 790 $ 1,014 $ 100,357 $ 101,371 $ — Real estate – construction — — 150 150 117,944 118,094 — Real estate – commercial 146 150 219 515 537,218 537,733 — Real estate – residential 290 — 717 1,007 63,231 64,238 — Consumer 92 — 194 286 29,917 30,203 — Total $ 752 $ 150 $ 2,070 $ 2,972 $ 848,667 $ 851,639 $ — The following table presents non-accrual loans by classes of the loan portfolio at March 31, 2018 and December 31, 2017 : March 31, December 31, 2018 2017 (In Thousands) Commercial and industrial $ 674 $ 790 Real estate – construction 150 150 Real estate – commercial 197 219 Real estate – residential 717 717 Consumer 234 194 Total $ 1,972 $ 2,070 There were no new troubled debt restructurings ("TDR's") that occurred during the three months ended March 31, 2018 . The following table presents new TDR's that occurred during the three months ended March 31, 2017 : Three months ended March 31, 2017 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in Thousands) Troubled debt restructuring: Commercial and industrial 1 $ 150 $ 150 Real estate - construction 1 $ 150 $ 150 2 $ 300 $ 300 Loans whose terms are modified are classified as TDRs if the Company grants such borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a TDR generally involve a temporary reduction in interest rate or a modification of a loan’s amortization schedule. Non-accrual TDRs are restored to accrual status if principal and interest payments, under the modified terms, are current for six consecutive months after the modification is in place. Loans classified as TDRs, including those restored to accrual status, are designated as impaired. The Company’s TDR modifications are made on terms typically up to 12 months in order to aggressively monitor and track performance of the credit. The short-term modifications are monitored for continued performance for an additional period of time after the expiration of the concession. Balance reductions and annualized loss rates are also important metrics that are monitored. The main objective of the modification program is to reduce the payment burden for the borrower and to deleverage the Company’s exposure. Impaired loans are individually assessed to determine that the loan’s carrying value is not in excess of the estimated fair value of the collateral (less cost to sell), if the loan is collateral dependent, or the present value of the expected future cash flows, if the loan is not collateral dependent. Management performs a detailed evaluation of each impaired loan and generally obtains updated appraisals as part of the evaluation. In addition, management adjusts estimated fair value down to appropriately consider recent market conditions, our willingness to accept a lower sales price to effect a quick sale, and costs to dispose of any supporting collateral. At March 31, 2018 , TDRs totaled $6.8 million , including $6.0 million that were current and six non-accrual loans totaling $878,000 . As of December 31, 2017 , TDRs totaled $7.1 million , including $6.1 million that were current and seven non-accrual loans totaling $1.0 million . At both March 31, 2018 and December 31, 2017 , the Company had no specific reserve against any loan relationship classified as TDR. There were no loans receivable modified as TDRs and with a payment default occurring within 12 months of the restructure date, and the payment default occurring during the three months ended March 31, 2018 and 2017 , respectively. It is the Company’s policy to classify a TDR that is either 90 days or greater delinquent or that has been placed on a non-accrual status as a subsequently defaulted TDR. The following tables summarize information in regards to both the recorded investment balance information for impaired loans by loan portfolio class at March 31, 2018 and December 31, 2017, and the average recorded investment balance information for impaired loans by loan portfolio class for the three months ended March 31, 2018 and 2017 , respectively: As of March 31, 2018 For the three months ended March 31, 2018 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 3,157 $ 3,157 $ — $ 3,203 $ 33 Real estate – construction 3,143 3,143 — 3,145 33 Real estate – commercial 319 319 — 334 2 Real estate – residential 1,084 1,084 — 1,085 5 Consumer 234 234 — 234 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — Real estate – construction — — — — — Real estate – commercial — — — — — Real estate – residential — — — — — Consumer — — — — — Total: Commercial and industrial $ 3,157 $ 3,157 $ — $ 3,203 $ 33 Real estate – construction 3,143 3,143 — 3,145 33 Real estate – commercial 319 319 — 334 2 Real estate – residential 1,084 1,084 — 1,085 5 Consumer 234 234 — 234 — Total $ 7,937 $ 7,937 $ — $ 8,001 $ 73 As of December 31, 2017 For the three months ended March 31, 2017 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 3,350 $ 3,697 $ — $ 3,924 $ 44 Real estate – construction 3,148 3,148 — 3,184 34 Real estate – commercial 344 344 — 1,196 10 Real estate – residential 1,086 1,086 — 1,130 5 Consumer 194 194 107 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — Real estate – construction — — — — — Real estate – commercial — — — — — Real estate – residential — — — — — Consumer — — — — — Total: Commercial and industrial $ 3,350 $ 3,697 $ — $ 3,924 $ 44 Real estate – construction 3,148 3,148 — 3,184 34 Real estate – commercial 344 344 — 1,196 10 Real estate – residential 1,086 1,086 — 1,130 5 Consumer 194 194 107 — Total $ 8,122 $ 8,469 $ — $ 9,541 $ 93 The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of March 31, 2018 and December 31, 2017 : Pass Special Mention Substandard Doubtful Total (In Thousands) March 31, 2018: Commercial and industrial $ 103,428 $ 108 $ 3,222 $ — $ 106,758 Real estate – construction 119,027 4,312 1,489 — 124,828 Real estate – commercial 535,096 4,595 6,037 — 545,728 Real estate – residential 64,318 — 717 — 65,035 Consumer 30,304 33 411 — 30,748 Total $ 852,173 $ 9,048 $ 11,876 $ — $ 873,097 Pass Special Mention Substandard Doubtful Total (In Thousands) December 31, 2017: Commercial and industrial $ 97,160 $ 796 $ 3,299 $ 116 $ 101,371 Real estate – construction 112,353 4,252 1,489 — 118,094 Real estate – commercial 525,951 5,681 6,101 — 537,733 Real estate – residential 63,521 — 717 — 64,238 Consumer 29,795 34 374 — 30,203 Total $ 828,780 $ 10,763 $ 11,980 $ 116 $ 851,639 The following tables present the balance in the allowance for loan losses at March 31, 2018 and December 31, 2017 disaggregated on the basis of the Company’s impairment method by class of loans receivable along with the balance of loans receivable by class disaggregated on the basis of the Company’s impairment methodology: Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment (In Thousands) March 31, 2018: Commercial and industrial $ 967 $ — $ 967 $ 106,758 $ 3,157 $ 103,601 Real estate – construction 1,489 — 1,489 124,828 3,143 121,685 Real estate – commercial 7,385 — 7,385 545,728 319 545,409 Real estate – residential 499 — 499 65,035 1,084 63,951 Consumer 156 — 156 30,748 234 30,514 Unallocated 466 — 466 — — — Total $ 10,962 $ — $ 10,962 $ 873,097 $ 7,937 $ 865,160 Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment (In Thousands) December 31, 2017: Commercial and industrial $ 930 $ — $ 930 $ 101,371 $ 3,350 $ 98,021 Real estate – construction 1,389 — 1,389 118,094 3,148 114,946 Real estate – commercial 7,325 — 7,325 537,733 344 537,389 Real estate – residential 502 — 502 64,238 1,086 63,152 Consumer 174 — 174 30,203 194 30,009 Unallocated 348 — 348 — — — Total $ 10,668 $ — $ 10,668 $ 851,639 $ 8,122 $ 843,517 The following table presents the change in the allowance for loan losses by classes of loans for the three months ended March 31, 2018 and 2017 : Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2018 $ 930 $ 1,389 $ 7,325 $ 502 $ 174 $ 348 $ 10,668 Charge-offs (115 ) — — — — — (115 ) Recoveries — 3 6 — — — 9 Provision 152 97 54 (3 ) (18 ) 118 400 Ending balance, March 31, 2018 $ 967 $ 1,489 $ 7,385 $ 499 $ 156 $ 466 $ 10,962 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2017 $ 844 $ 1,276 $ 6,315 $ 463 $ 244 $ 423 $ 9,565 Charge-offs (248 ) — — — — — (248 ) Recoveries 10 8 4 — 3 — 25 Provision 268 (68 ) 125 (2 ) (15 ) (83 ) 225 Ending balance, March 31, 2017 $ 874 $ 1,216 $ 6,444 $ 461 $ 232 $ 340 $ 9,567 " id="sjs-B4" xml:space="preserve">LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES Loans receivable, which management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees or costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Company is generally amortizing these amounts over the contractual life of the loan. Loans held for sale are designated at time of origination. They generally consist of newly originated fixed rate residential mortgage loans and salable SBA loans and are recorded at the lower of aggregate cost or estimated fair value in the aggregate. The Company typically retains adjustable-rate mortgages ("ARM") loans in its portfolio, however occasionally, the Company may elect to sell a small pool of these loans as a part of its strategy to manage interest rate risk or as a secondary source of liquidity. During the three months ended March 31, 2018 and 2017 , the Company transferred $5.0 million and $4.5 million , respectively, from held for investment to held for sale. Gains from such sales were $100,000 and $91,000 for the three months ended March 31, 2018 and 2017 , respectively. Transfers from held for investment are infrequent and occur at the lower of cost or fair value, less costs to sell. Gains are recognized on a settlement-date basis and are determined by the difference between the net sales proceeds and the carrying value of the loans, including any net deferred fees or costs. The loans receivable portfolio is segmented into five categories, those being a) Commercial and industrial, b) Real estate-construction (consisting of both residential and commercial construction), c) Real estate-commercial, d) Real estate-residential, and e) Consumer. For all classes of loans receivable, the accrual of interest is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest, even though the loan is currently performing. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest previously accrued on these loans is reversed from income. Interest received on nonaccrual loans, including impaired loans, generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time (generally six months) and the ultimate collectability of the total contractual principal and interest is no longer in doubt. The past due status of all classes of loans receivable is determined based on contractual due dates for loan payments. The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of losses inherent in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of losses inherent in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet, which at March 31, 2018 and December 31, 2017 , the Company had no such reserves. The allowance for loan losses is increased by the provision for loan losses, and decreased by charge-offs, net of recoveries. Loans deemed to be uncollectable are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. All, or part, of the principal balance of loans receivable are charged off to the allowance as soon as it is determined that the repayment of all, or part, of the principal balance is highly unlikely. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a monthly evaluation of the adequacy of the allowance. The allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant revision as more information becomes available. The allowance consists of specific, general and unallocated components. For loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of the loan. The specific component relates to loans that are classified as impaired. When a loan is impaired, there are three acceptable methods under ASC 310-10-35 for measuring the impairment: 1. The loan’s observable market price; 2. The fair value of the underlying collateral; or 3. The present value (PV) of expected future cash flows. Loans that are considered “collateral-dependent” should be evaluated under the “Fair market value of collateral.” Loans that are still expected to be supported by repayment from the borrower should be evaluated under the “Present value of future cash flows.” For the most part, the Company measures impairment under the “Fair market value of collateral” for any loan that would rely on the value of collateral for recovery in the event of default. The individual impairment analysis for each loan is clearly documented as to the chosen valuation method. The general component covers pools of loans by loan class including commercial and industrial, real estate-construction and real estate-commercial not considered impaired as well as smaller balance homogeneous loans such as real estate-residential and consumer. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These qualitative risk factors include: 1. Changes in lending policy and procedures, including changes in underwriting standards and collection practices not previously considered in estimating credit losses. 2. Changes in relevant economic and business conditions. 3. Changes in nature and volume of the loan portfolio and in the terms of loans. 4. Changes in experience, ability and depth of lending management and staff. 5. Changes in the volume and severity of past due loans, the volume of non-accrual loans and the volume and severity of adversely classified loans. 6. Changes in the quality of the loan review system. 7. Changes in the value of underlying collateral for collateral-dependent loans. 8. The existence and effect of any concentration of credit and changes in the level of such concentrations. 9. The effect of other external forces such as competition, legal and regulatory requirements on the level of estimated credit losses in the existing portfolio. Each factor is assigned a risk value to reflect low, moderate or high risk assessments based on management’s best judgment using current market, macro and other relevant information available at the time of the evaluation. Adjustments to the factors are supported through documentation in each factor and accompany the allowance for loan loss calculation. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and industrial, real estate-commercial, real estate-construction, real estate-residential and consumer loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. The estimated fair values of substantially all of the Company’s impaired loans are measured based on the estimated fair value of the loan’s collateral. For commercial loans secured by real estate, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For commercial loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for commercial loans or when credit deficiencies arise, such as delinquent loan payments, for commercial and consumer loans. Credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans classified special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristics that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectable and are charged to the allowance for loan losses. Loans not classified are rated pass. In addition, federal and state regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses and may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination, which may not be currently available to management. Based on management’s comprehensive analysis of the loan portfolio, management believes the current level of the allowance for loan losses is adequate. The components of the loan portfolio held for investment at March 31, 2018 and December 31, 2017 are as follows: March 31, December 31, 2018 2017 (In Thousands) Commercial and industrial $ 106,758 $ 101,371 Real estate – construction 124,828 118,094 Real estate – commercial 545,728 537,733 Real estate – residential 65,035 64,238 Consumer 30,748 30,203 873,097 851,639 Allowance for loan losses (10,962 ) (10,668 ) Unearned fees (770 ) (765 ) Net Loans $ 861,365 $ 840,206 The performance and credit quality of the loan portfolio is monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the past due status as of March 31, 2018 and December 31, 2017 : 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing March 31, 2018: (In Thousands) Commercial and industrial $ 220 $ — $ 674 $ 894 $ 105,864 $ 106,758 $ — Real estate – construction — — 150 150 124,678 124,828 — Real estate – commercial 514 — 197 711 545,017 545,728 — Real estate – residential 573 — 717 1,290 63,745 65,035 — Consumer 84 40 194 318 30,430 30,748 — Total $ 1,391 $ 40 $ 1,932 $ 3,363 $ 869,734 $ 873,097 $ — 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing December 31, 2017: (In Thousands) Commercial and industrial $ 224 $ — $ 790 $ 1,014 $ 100,357 $ 101,371 $ — Real estate – construction — — 150 150 117,944 118,094 — Real estate – commercial 146 150 219 515 537,218 537,733 — Real estate – residential 290 — 717 1,007 63,231 64,238 — Consumer 92 — 194 286 29,917 30,203 — Total $ 752 $ 150 $ 2,070 $ 2,972 $ 848,667 $ 851,639 $ — The following table presents non-accrual loans by classes of the loan portfolio at March 31, 2018 and December 31, 2017 : March 31, December 31, 2018 2017 (In Thousands) Commercial and industrial $ 674 $ 790 Real estate – construction 150 150 Real estate – commercial 197 219 Real estate – residential 717 717 Consumer 234 194 Total $ 1,972 $ 2,070 There were no new troubled debt restructurings ("TDR's") that occurred during the three months ended March 31, 2018 . The following table presents new TDR's that occurred during the three months ended March 31, 2017 : Three months ended March 31, 2017 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in Thousands) Troubled debt restructuring: Commercial and industrial 1 $ 150 $ 150 Real estate - construction 1 $ 150 $ 150 2 $ 300 $ 300 Loans whose terms are modified are classified as TDRs if the Company grants such borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a TDR generally involve a temporary reduction in interest rate or a modification of a loan’s amortization schedule. Non-accrual TDRs are restored to accrual status if principal and interest payments, under the modified terms, are current for six consecutive months after the modification is in place. Loans classified as TDRs, including those restored to accrual status, are designated as impaired. The Company’s TDR modifications are made on terms typically up to 12 months in order to aggressively monitor and track performance of the credit. The short-term modifications are monitored for continued performance for an additional period of time after the expiration of the concession. Balance reductions and annualized loss rates are also important metrics that are monitored. The main objective of the modification program is to reduce the payment burden for the borrower and to deleverage the Company’s exposure. Impaired loans are individually assessed to determine that the loan’s carrying value is not in excess of the estimated fair value of the collateral (less cost to sell), if the loan is collateral dependent, or the present value of the expected future cash flows, if the loan is not collateral dependent. Management performs a detailed evaluation of each impaired loan and generally obtains updated appraisals as part of the evaluation. In addition, management adjusts estimated fair value down to appropriately consider recent market conditions, our willingness to accept a lower sales price to effect a quick sale, and costs to dispose of any supporting collateral. At March 31, 2018 , TDRs totaled $6.8 million , including $6.0 million that were current and six non-accrual loans totaling $878,000 . As of December 31, 2017 , TDRs totaled $7.1 million , including $6.1 million that were current and seven non-accrual loans totaling $1.0 million . At both March 31, 2018 and December 31, 2017 , the Company had no specific reserve against any loan relationship classified as TDR. There were no loans receivable modified as TDRs and with a payment default occurring within 12 months of the restructure date, and the payment default occurring during the three months ended March 31, 2018 and 2017 , respectively. It is the Company’s policy to classify a TDR that is either 90 days or greater delinquent or that has been placed on a non-accrual status as a subsequently defaulted TDR. The following tables summarize information in regards to both the recorded investment balance information for impaired loans by loan portfolio class at March 31, 2018 and December 31, 2017, and the average recorded investment balance information for impaired loans by loan portfolio class for the three months ended March 31, 2018 and 2017 , respectively: As of March 31, 2018 For the three months ended March 31, 2018 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 3,157 $ 3,157 $ — $ 3,203 $ 33 Real estate – construction 3,143 3,143 — 3,145 33 Real estate – commercial 319 319 — 334 2 Real estate – residential 1,084 1,084 — 1,085 5 Consumer 234 234 — 234 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — Real estate – construction — — — — — Real estate – commercial — — — — — Real estate – residential — — — — — Consumer — — — — — Total: Commercial and industrial $ 3,157 $ 3,157 $ — $ 3,203 $ 33 Real estate – construction 3,143 3,143 — 3,145 33 Real estate – commercial 319 319 — 334 2 Real estate – residential 1,084 1,084 — 1,085 5 Consumer 234 234 — 234 — Total $ 7,937 $ 7,937 $ — $ 8,001 $ 73 As of December 31, 2017 For the three months ended March 31, 2017 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 3,350 $ 3,697 $ — $ 3,924 $ 44 Real estate – construction 3,148 3,148 — 3,184 34 Real estate – commercial 344 344 — 1,196 10 Real estate – residential 1,086 1,086 — 1,130 5 Consumer 194 194 107 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — Real estate – construction — — — — — Real estate – commercial — — — — — Real estate – residential — — — — — Consumer — — — — — Total: Commercial and industrial $ 3,350 $ 3,697 $ — $ 3,924 $ 44 Real estate – construction 3,148 3,148 — 3,184 34 Real estate – commercial 344 344 — 1,196 10 Real estate – residential 1,086 1,086 — 1,130 5 Consumer 194 194 107 — Total $ 8,122 $ 8,469 $ — $ 9,541 $ 93 The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of March 31, 2018 and December 31, 2017 : Pass Special Mention Substandard Doubtful Total (In Thousands) March 31, 2018: Commercial and industrial $ 103,428 $ 108 $ 3,222 $ — $ 106,758 Real estate – construction 119,027 4,312 1,489 — 124,828 Real estate – commercial 535,096 4,595 6,037 — 545,728 Real estate – residential 64,318 — 717 — 65,035 Consumer 30,304 33 411 — 30,748 Total $ 852,173 $ 9,048 $ 11,876 $ — $ 873,097 Pass Special Mention Substandard Doubtful Total (In Thousands) December 31, 2017: Commercial and industrial $ 97,160 $ 796 $ 3,299 $ 116 $ 101,371 Real estate – construction 112,353 4,252 1,489 — 118,094 Real estate – commercial 525,951 5,681 6,101 — 537,733 Real estate – residential 63,521 — 717 — 64,238 Consumer 29,795 34 374 — 30,203 Total $ 828,780 $ 10,763 $ 11,980 $ 116 $ 851,639 The following tables present the balance in the allowance for loan losses at March 31, 2018 and December 31, 2017 disaggregated on the basis of the Company’s impairment method by class of loans receivable along with the balance of loans receivable by class disaggregated on the basis of the Company’s impairment methodology: Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment (In Thousands) March 31, 2018: Commercial and industrial $ 967 $ — $ 967 $ 106,758 $ 3,157 $ 103,601 Real estate – construction 1,489 — 1,489 124,828 3,143 121,685 Real estate – commercial 7,385 — 7,385 545,728 319 545,409 Real estate – residential 499 — 499 65,035 1,084 63,951 Consumer 156 — 156 30,748 234 30,514 Unallocated 466 — 466 — — — Total $ 10,962 $ — $ 10,962 $ 873,097 $ 7,937 $ 865,160 Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment (In Thousands) December 31, 2017: Commercial and industrial $ 930 $ — $ 930 $ 101,371 $ 3,350 $ 98,021 Real estate – construction 1,389 — 1,389 118,094 3,148 114,946 Real estate – commercial 7,325 — 7,325 537,733 344 537,389 Real estate – residential 502 — 502 64,238 1,086 63,152 Consumer 174 — 174 30,203 194 30,009 Unallocated 348 — 348 — — — Total $ 10,668 $ — $ 10,668 $ 851,639 $ 8,122 $ 843,517 The following table presents the change in the allowance for loan losses by classes of loans for the three months ended March 31, 2018 and 2017 : Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2018 $ 930 $ 1,389 $ 7,325 $ 502 $ 174 $ 348 $ 10,668 Charge-offs (115 ) — — — — — (115 ) Recoveries — 3 6 — — — 9 Provision 152 97 54 (3 ) (18 ) 118 400 Ending balance, March 31, 2018 $ 967 $ 1,489 $ 7,385 $ 499 $ 156 $ 466 $ 10,962 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2017 $ 844 $ 1,276 $ 6,315 $ 463 $ 244 $ 423 $ 9,565 Charge-offs (248 ) — — — — — (248 ) Recoveries 10 8 4 — 3 — 25 Provision 268 (68 ) 125 (2 ) (15 ) (83 ) 225 Ending balance, March 31, 2017 $ 874 $ 1,216 $ 6,444 $ 461 $ 232 $ 340 $ 9,567

Stock-Based Compensation Plans

Stock-Based Compensation Plans	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans	STOCK-BASED COMPENSATION PLANS The Two River Bancorp 2007 Equity Incentive Plan (the “Plan”) provides that the Compensation Committee of the Board of Directors (the “Committee”) may grant to those individuals who are eligible under the terms of the Plan stock options, shares of restricted stock, or such other equity incentive awards as the Committee may determine. As of March 31, 2018 , the number of shares of Company common stock remaining and available for future issuance under the Plan is 137,469 . Shares reserved under the Plan will be issued out of authorized and unissued shares, or treasury shares, or partly out of cash, as determined by the Board. All share and per share data have been retroactively adjusted to reflect the 5% stock dividend paid on February 28, 2017 to shareholders of record as of February 9, 2017. From the adoption of the Plan until March 20, 2017, options awarded under the Plan were permitted to be either options that qualify as incentive stock options (“ISOs”) under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), or options that do not, or cease to, qualify as incentive stock options under the Code (“nonqualified stock options” or “NQSOs”). However, after March 20, 2017, only NQSOs may be awarded under the Plan. Awards may be granted under the Plan to directors and employees, and to consultants and other persons who provide substantial services to the Company. The exercise price per share purchasable under an option awarded under the Plan may not be less than the fair market value of a share of stock on the date of grant of the option. The Committee determines the vesting period and term of each option, provided that no ISO is permitted to have a term in excess of ten years after the date of grant. Restricted stock is stock which is subject to certain transfer restrictions and to a risk of forfeiture. The Committee will determine the period over which any restricted stock which is issued under the Plan will vest, and will impose such restrictions on transferability, risk of forfeiture and other restrictions as the Committee may in its discretion determine. Unless restricted by the Committee, a participant granted restricted stock will have all of the rights of a shareholder (except for the aforesaid transfer restrictions and risk of forfeitures), including the right to vote the restricted stock and the right to receive dividends with respect to that stock. Unless otherwise provided by the Committee in the award document or subject to other applicable restrictions, in the event of a Change in Control (as defined in the Plan) all non-forfeited options and awards carrying a right to exercise that was not previously exercisable and vested will become fully exercisable and vested as of the time of the Change in Control, and all restricted stock and awards subject to risk of forfeiture will become fully vested. Stock Options For the three months ended March 31, 2018 , there were no stock options granted. Stock-based compensation expense related to the vesting of stock options granted in prior periods was approximately $15,000 during the three month period ended March 31, 2018 , as compared to $20,000 for the same three month period in 2017 and is included in salaries and employee benefits on the statement of operations. Total unrecognized compensation cost related to non-vested options granted under the Plan was $101,000 as of March 31, 2018 and will be recognized over the subsequent weighted average life of 1.7 years. The following table presents information regarding the Company’s outstanding stock options at March 31, 2018 : Number of Shares Weighted Average Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Options outstanding, December 31, 2017 361,507 $ 5.20 Options granted — — Options exercised (45,730 ) 3.80 Options forfeited (3,150 ) 8.83 Options outstanding, March 31, 2018 312,627 $ 5.37 3.79 $ 3,884,175 Options exercisable, March 31, 2018 271,306 $ 4.87 3.28 $ 3,507,470 Option exercise price range at March 31, 2018 $2.87 to $11.21 The total intrinsic value of options exercised during the three months ended March 31, 2018 and 2017 was $631,000 and $161,000 , respectively. Cash received from such exercises was $172,000 and $54,000 , respectively. An income tax benefit of $88,000 was recognized in the three months ended March 31, 2018 relating to the adoption of ASU 2016-09, Compensation-Stock Compensation, Improvements to Employee Share-Based Payment Accounting attributable to stock options. There was no tax benefit recognized in the three months ended March 31, 2017 . The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model. Restricted Stock Restricted stock is valued at the market value on the date of grant and expense is attributed to the period in which the restrictions lapse. Compensation expense related to restricted stock was $50,000 for the three month period ended March 31, 2018 , as compared to $49,000 for the three month period ended March 31, 2017 and is included in salaries and employee benefits on the statement of operations. An income tax benefit of $2,000 was recognized in the three months ended March 31, 2018 relating to the adoption of ASU 2016-09 attributable to restricted stock awards. There was no tax benefit recognized during the three months ended March 31, 2017 . Total unrecognized compensation cost related to restricted stock under the Plan as of March 31, 2018 was $702,000 and will be recognized over the subsequent weighted average life of 3.4 years. The following table summarizes information about restricted stock at March 31, 2018 : Number of Shares Weighted Unvested at December 31, 2017 49,021 $ 14.01 Restricted stock earned (4,103 ) 10.65 Granted 8,400 18.01 Awards Forfeited (500 ) 18.32 Unvested at March 31, 2018 52,818 $ 14.87

Guarantees

Guarantees	3 Months Ended
	Mar. 31, 2018
Guarantees [Abstract]
Guarantees	GUARANTEES The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and letters of credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the financial statements. The Company’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. 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. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company evaluates each customer's credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management's credit evaluation. Collateral held varies but may include personal or commercial real estate, accounts receivable, inventory and equipment. The Company had commitments to extend credit, including unused lines of credit, of approximately $280.0 million and $245.8 million at March 31, 2018 and December 31, 2017 , respectively . Standby letters of credit are conditional commitments issued by the Company to guarantee the financial performance of a customer to a third party. Those guarantees are primarily issued to support contracts entered into by customers. Most guarantees extend for one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company defines the fair value of these letters of credit as the fees paid by the customer or similar fees collected on similar instruments. The Company amortizes the fees collected over the life of the instrument. The Company generally obtains collateral, such as real estate or liens on customer assets for these types of commitments. The Company’s potential liability would be reduced by any proceeds obtained in liquidation of the collateral held. As of March 31, 2018 and December 31, 2017 , the Company had $4.6 million and $5.2 million , respectively, of commercial and similar letters of credit. Management believes that the current amount of the liability as of March 31, 2018 and December 31, 2017 for guarantees under standby letters of credit issued is not material.

FHLB And Other Borrowings

FHLB And Other Borrowings	3 Months Ended
	Mar. 31, 2018
Banking and Thrift [Abstract]
FHLB And Other Borrowings	FHLB AND OTHER BORROWINGS The Bank utilizes its account relationship with Atlantic Community Bankers Bank to borrow funds through its Federal funds borrowing line in an aggregate amount up to $10.0 million . The Bank also has $36.0 million in unsecured credit facilities with three correspondent banks. These borrowings are priced on a daily basis. The Company had no borrowings outstanding on these lines at March 31, 2018 and December 31, 2017 . The Bank also has a remaining borrowing capacity with the FHLB of approximately $37.0 million based on the current loan collateral pledged of $148.4 million at March 31, 2018 . At March 31, 2018 and December 31, 2017 , FHLB and other borrowings consisted of advances from the FHLB, which amounted to $24.5 million and $25.8 million , respectively. These advances had an average interest rate of 1.90% and 1.87% at March 31, 2018 and December 31, 2017 , respectively. These advances are contractually scheduled for repayment as follows: March 31, 2018 December 31, 2017 Rate Original Term (Years) Maturity (dollars in thousands) Fixed Rate Note $ 2,000 $ 2,000 1.65 % 5 October 2018 Fixed Rate Note — 1,300 1.31 % 3 January 2018 Fixed Rate Note 1,800 1,800 1.59 % 4 January 2019 Fixed Rate Note 2,700 2,700 1.81 % 5 January 2020 Fixed Rate Note 2,500 2,500 2.03 % 6 January 2021 Fixed Rate Note 1,000 1,000 1.09 % 3 July 2019 Fixed Rate Note 1,000 1,000 1.42 % 5 July 2021 Fixed Rate Note 7,500 7,500 2.07 % 5 August 2022 Fixed Rate Note 1,000 1,000 1.70 % 7 July 2023 Fixed Rate Note 5,000 5,000 2.16 % 4 October 2021 Total FHLB borrowings $ 24,500 $ 25,800 As of March 31, 2018 , the FHLB has issued $85.1 million in municipal deposit letters of credit in the name of the Bank naming the NJ Department of Banking and Insurance as beneficiary. This letter of credit will take the place of securities previously pledged to the State of New Jersey for the Bank’s various municipal deposits.

Securities Sold Under Agreement

Securities Sold Under Agreements to Repurchase	3 Months Ended
	Mar. 31, 2018
Offsetting [Abstract]
Securities Sold Under Agreements to Repurchase	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE The Bank enters into Sweep Account Agreements with certain of its deposit account holders for repo sweep arrangements under which funds in excess of a predetermined amount are removed from each such depositor’s account at the end of each banking day, and the Bank’s obligation to restore those funds to the account at the beginning of the following banking day is evidenced by an integrated retail repurchase agreement (a “Repurchase Agreement”) secured by a collateral interest in favor of the depositor in certain government securities held by a third party custodian. The Bank’s obligation to restore the funds under the Repurchase Agreements is accounted for as a collateralized financing arrangement (i.e., secured borrowings), and not as a sale and subsequent repurchase of securities. The obligation to restore the funds to each account is reflected as a liability in the Company's consolidated balance sheets, while the securities underlying the repurchase agreements remain in the respective securities accounts. There is no offsetting or netting of the securities against the Repurchase Agreement obligation. The following table presents the contractual maturities of the Repurchase Agreements as of March 31, 2018 and December 31, 2017 , disaggregated by the class of collateral pledged: Maturity of Repurchase Agreements (dollars in thousands) Overnight and Continuous Up to 30 days 30 to 90 days Over 90 days Total March 31, 2018 Class of Collateral Pledged: U.S. Government agency securities $ 7,287 $ — $ — $ — $ 7,287 GSE – residential mortgage-backed securities 10,128 — — — 10,128 U.S. Government collateralized residential mortgage obligations 9,958 — — — 9,958 Total $ 27,373 $ — $ — $ — $ 27,373 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 18,472 Excess of collateral pledged over recognized liability $ 8,901 Maturity of Repurchase Agreements (dollars in thousands) Overnight and Continuous Up to 30 days 30 to 90 days Over 90 days Total December 31, 2017 Class of Collateral Pledged: U.S. Government agency securities $ 9,995 $ — $ — $ — $ 9,995 GSE – residential mortgage-backed securities 5,558 — — — 5,558 U.S. Government collateralized residential mortgage obligations 13,440 — — — 13,440 Total $ 28,993 $ — $ — $ — $ 28,993 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 27,120 Excess of collateral pledged over recognized liability $ 1,873 The potential risks associated with the Repurchase Agreements and related pledged collateral, including obligations arising from a decline in the fair value of the pledged collateral, are minimal due to the fact that the Repurchase Agreements pertain to overnight borrowings and therefore not subject to fluctuations in fair market value.

Subordinated Debentures

Subordinated Debentures	3 Months Ended
	Mar. 31, 2018
Brokers and Dealers [Abstract]
Subordinated Debentures	SUBORDINATED DEBENTURES In December 2015, the Company completed a private placement of $10 million in aggregate principal amount of fixed to floating rate subordinated debentures to certain institutional accredited investors. The subordinated debentures have a maturity date of December 31, 2025 and bear interest, payable quarterly, at the rate of 6.25% per annum until January 1, 2021. On that date, the interest rate will be adjusted to float at an annual rate equal to the prevailing three-month LIBOR rate plus 464 basis points ( 4.64% ) until maturity. The debentures include a right of prepayment, without penalty, on or after December 14, 2020 and, in certain limited circumstances, before that date. The indebtedness evidenced by the subordinated debentures, including principal and interest, is unsecured and subordinate and junior in right to payment to general and secured creditors of the Company and depositors and all other creditors of the Bank. The subordinated debentures have been structured to qualify as Tier 2 capital for regulatory purposes. Subordinated debentures totaled $9.9 million at March 31, 2018 and December 31, 2017 , respectively, which includes $104,000 and $112,000 , respectively, of remaining unamortized debt issuance costs at March 31, 2018 and December 31, 2017 . The debt issuance costs are being amortized over the expected life of the issue. The effective interest rate of the subordinated debentures is 6.67% .

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Accounting guidance establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 : Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 : Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3 : Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported with little or no market activity). An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2018 and December 31, 2017 are as follows: Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At March 31, 2018: Securities available for sale: U.S. Government agency securities $ — $ 12,819 $ — $ 12,819 Municipal securities — 493 — 493 GSE – residential mortgage-backed securities — 7,632 — 7,632 U.S. Government collateralized residential mortgage obligations — 7,036 — 7,036 Corporate debt securities, primarily financial institutions — 2,432 — 2,432 Total securities available for sale $ — $ 30,412 $ — $ 30,412 Total equity securities $ 2,423 $ — $ — $ 2,423 Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At December 31, 2017: Securities available for sale: U.S. Government agency securities $ — $ 10,057 $ — $ 10,057 Municipal securities — 495 — 495 GSE – residential mortgage-backed securities — 8,219 — 8,219 U.S. Government collateralized residential mortgage obligations — 7,482 — 7,482 Corporate debt securities, primarily financial institutions — 2,431 — 2,431 Total securities available for sale $ — $ 28,684 $ — $ 28,684 Total equity securities $ 2,448 $ — $ — $ 2,448 As of March 31, 2018 and December 31, 2017 , there were no securities available for sale measured at fair value on a recurring basis using significant unobservable inputs (Level 3). For assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2018 and December 31, 2017 are as follows: Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At March 31, 2018: Impaired loans, net of partial charge-offs $ — $ — $ — $ — At December 31, 2017: Impaired loans, net of partial charge-offs $ — $ — $ 116 $ 116 The Company’s policy is to recognize transfers between levels as of the beginning of the period. There were no transfers between Levels 1, 2 and 3 for the three and nine months ended March 31, 2018 and 2017 . The following valuation techniques were used to measure fair value of assets in the tables above: • Impaired loans – Impaired loans measured at fair value are those loans in which the Company has measured impairment generally based on the fair value of the loan’s collateral. This method of fair value measurement is used on all of the Company’s impaired loans. Fair value is generally determined based upon either independent third party appraisals of the properties or discounted cash flows based upon the expected proceeds. The appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. At March 31, 2018 and December 31, 2017 , there were no loans that received a discount. At March 31, 2018 and December 31, 2017 , there were no liquidation expenses. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. • OREO – Real estate properties acquired through, or in lieu of, loan foreclosure are carried at fair value less cost to sell. Fair value is based upon the appraised value of the collateral, adjusted by management for factors such as economic conditions and other market factors. During the third quarter of 2017, the Company sold its only OREO property for a loss of $17,000 . These assets are included in Level 3 fair value based upon the lowest level of input that is significant to the fair value measurement. At March 31, 2018 and December 31, 2017 , the Company had no residential real estate properties held in OREO. At March 31, 2018 and December 31, 2017 , the Company initiated foreclosure proceedings on one residential mortgage loan secured by real estate in the amount of $490,000 . The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at March 31, 2018 and December 31, 2017 : Cash and Cash Equivalents (carried at cost ): The carrying amounts reported in the balance sheet for cash and short-term instruments approximate those assets’ fair values. Securities : The fair value of securities available-for-sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. For certain securities which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence (Level 3). See Note 6, Securities , for more information regarding the CRA Mutual Fund. At March 31, 2018 and December 31, 2017 , there were no Level 3 securities. Restricted Investments (carried at cost) : The carrying amount of restricted investment in Federal Home Loan Bank stock, Atlantic Community Bancshares, Inc. stock and Solomon Hess SBA Loan Fund approximates fair value, and considers the limited marketability of such securities. Loans Held for Sale: Loans held for sale are carried at the lower of aggregate cost or estimated fair value, less costs to sell. The fair value of these loans are equal to the contractual sales price. Loans Receivable (carried at cost) : The fair values of loans, excluding collateral dependent impaired loans, are estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans, including liquidity. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. The valuation of the loan portfolio reflects discounts that the Company believes are consistent with transactions occurring in the marketplace for both performing and distressed loan types. The carrying value that fair value is compared to is net of the allowance for loan losses and other associated premiums and discounts. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Due to the significant judgment involved in evaluating credit quality risk, loans are classified within Level 3 of the fair value hierarchy. Accrued Interest Receivable and Payable (carried at cost) : The carrying amount of accrued interest receivable and accrued interest payable approximates its fair value. Deposit Liabilities (carried at cost) : The fair values disclosed for demand deposits (e.g., interest and noninterest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date, (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Securities Sold Under Agreements to Repurchase (carried at cost) : The carrying amounts of these short-term borrowings approximate their fair values. FHLB and Other Borrowing (carried at cost) : Fair values of FHLB advances are estimated using discounted cash flow analysis, based on quoted prices for new FHLB advances with similar credit risk characteristics, terms and remaining maturity. These prices obtained from this active market represent a market value that is deemed to represent the transfer price if the liability were assumed by a third party. Subordinated Debentures (carried at cost): The fair value of subordinated debentures is estimated by using a discounted cash flow analysis that, at March 31, 2018 and December 31, 2017 , applies a 2.13% and 4.56% credit spread, respectively, plus the U.S. Treasury rate (all-in issue spread) to the time remaining until the issue’s call option date. Off-Balance Sheet Financial Instruments (disclosed at cost) : Fair values for the Company’s off-balance sheet financial instruments (lending commitments and letters of credit) are based on fees currently charged in the market to enter into similar agreements, taking into account, the remaining terms of the agreements and the counterparties’ credit standing. The fair values of such fees are not material at March 31, 2018 and December 31, 2017 . The estimated fair values of the Company’s financial instruments at March 31, 2018 and December 31, 2017 were as follows: Fair Value Measurements at March 31, 2018 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 28,595 $ 28,595 $ 28,595 $ — $ — Securities available for sale 30,412 30,412 — 30,412 — Securities held to maturity 57,819 57,616 — 57,616 — Equity securities 2,423 2,423 2,423 — — Restricted investments 5,597 5,597 — — 5,597 Loans held for sale 1,834 1,857 — — 1,857 Loans receivable, net (1) 861,365 856,591 — — 856,591 Accrued interest receivable 2,492 2,492 — 510 1,982 Financial liabilities: Deposits 870,904 870,070 — 870,070 — Securities sold under agreements to repurchase 18,472 18,472 — 18,472 — FHLB and other borrowings 24,500 23,818 — 23,818 — Subordinated debt 9,896 10,352 — 10,352 — Accrued interest payable 69 69 — 69 — Fair Value Measurements at December 31, 2017 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 48,219 $ 48,219 $ 48,219 $ — $ — Securities available for sale 28,684 28,684 — 28,684 — Securities held to maturity 58,002 58,549 — 58,549 — Equity securities 2,448 2,448 2,448 — — Restricted investments 5,430 5,430 — — 5,430 Loans held for sale 2,581 2,738 — — 2,738 Loans receivable, net (1) 840,206 841,477 — — 841,477 Accrued interest receivable 2,554 2,554 — 638 1,916 Financial liabilities: Deposits 861,557 860,129 — 860,129 — Securities sold under agreements to repurchase 27,120 27,120 — 27,120 — FHLB and other borrowings 25,800 25,382 — 25,382 — Subordinated debt 9,888 9,812 — 9,812 — Accrued interest payable 70 70 — 70 — (1) In accordance with the prospective adoption of ASU 2016-01, the fair value of loans as of March 31, 2018 were measured using an exit price notion. The fair value of loans at December 31, 2017 were measured using an exit price notion.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Stockholders' Equity	SHAREHOLDERS’ EQUITY On December 14, 2017, the Company announced that its Board of Directors approved a new Share Repurchase Program. This new program allows for the Company to repurchase up to $2.0 million of its common stock from January 1, 2018 to December 31, 2018. During the three months ended March 31, 2018 , the Company did no t repurchase any shares of its common stock.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
Subsequent Event	SUBSEQUENT EVENT On April 18, 2018 , the Board of Directors declared a quarterly cash dividend of $0.045 per share to common shareholders of record at the close of business on May 11, 2018, payable on May 30, 2018.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements include the accounts of Two River Bancorp (the “Company”), a bank holding company, and its wholly-owned subsidiary, Two River Community Bank (“Two River” or the “Bank”); Two River’s wholly-owned subsidiaries, TRCB Investment Corporation and TRCB Holdings Eight LLC. All inter-company balances and transactions have been eliminated in the consolidated financial statements. The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for full year financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and are of a normal, recurring nature. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018 . These consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto for the year ended December 31, 2017 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 15, 2018 (the “ 2017 Form 10-K”). For a description of the Company’s significant accounting policies, refer to Note 1 of the Notes to Consolidated Financial Statements in the 2017 Form 10-K. The Company has evaluated events and transactions occurring subsequent to the balance sheet date of March 31, 2018 for items that should potentially be recognized or disclosed in these consolidated financial statements.
New Accounting Standards	NEW ACCOUNTING STANDARDS ASU 2014-09: In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) , superseding the revenue recognition requirements in ASC 605. This ASU requires an entity to recognize revenue for 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 amendment includes a five-step process to assist an entity in achieving the main principle(s) of revenue recognition under ASC 605. In March 2016, the FASB also issued ASU 2016-08, an amendment to the guidance in ASU 2014-09, which reframed the structure of the indicators of when an entity is acting as an agent and focused on evidence that an entity is acting as the principal or agent in a revenue transaction. ASU 2016-08 also eliminated two of the indicators (the entity’s consideration is in the form of a commission, and the entity is not exposed to credit risk) in making that determination. This amendment also clarifies that each indicator may be more or less relevant to the assessment depending on the terms and conditions of the contract. In May 2016, the FASB issued ASU 2016-12, an amendment to ASU 2014-09, which provided practical expedients related to disclosures of remaining performance obligations, as well as other amendments to guidance on transition, collectability, non-cash consideration and presentation of sales and other similar taxes. The amendments, collectively, should be applied retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption (modified retrospective approach). Because the ASU does not apply to revenue associated with financial instruments (including loans and securities), the Company concluded that the new guidance did not have a material impact on the elements of its consolidated statements of operations most closely associated with financial instruments (such as interest income, interest expense and securities gains). This ASU was effective for the Company on January 1, 2018. The Company completed its identification of all revenue streams included in its financial statements and has identified its deposit- related fees, service charges, debit and interchange income to be within the scope of the standard. The Company has also completed its review of the related contracts and its evaluation of certain costs related to these revenue streams to determine whether such costs should be presented as expenses or contra-revenue (i.e., gross vs. net). The Company's overall assessment indicates that adoption of this ASU will not materially change its current method and timing of recognizing revenue for the identified revenue streams. Based on its evaluation, the Company determined that the classification of certain debit card interchange costs should change (i.e. costs previously recorded as expenses are now recorded as contra-revenue). This classification change resulted in immaterial charges to both revenue and expense. The Company adopted this ASU on January 1, 2018, on a modified retrospective approach. Since there was no net income impact upon adoption of the new guidance, a cumulative effect adjustment to opening retained earnings was not deemed necessary. Consistent with the modified retrospective approach, the Company did not adjust prior period amounts for the debit card interchange costs noted above. See Note 3, Revenue Recognition , for more information. The adoption of this ASU, as discussed above, did not have a significant impact to the Company's financial condition, results of operations and consolidated financial statements. ASU 2016-01: In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments -- Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Liabilities , that clarifies the guidance in ASU 2016-01. ASU 2016-01 requires equity investments to be measured at fair value with changes in fair value recognized in net income; provides for a practicability exception election for equity investments without readily determinable fair values; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; eliminates the requirement for nonpublic business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company completed its evaluation of the provisions of ASU 2016-01 and determined that the CRA Mutual Fund falls under ASU 2016-01. The Company adopted this ASU effective January 1, 2018 and the impact amounted to a cumulative effect adjustment of $39,000 as a reclassification from accumulated other comprehensive loss to retained earnings. Additionally, all future unrealized gains and losses will be recognized in the Statements of Operations. As such, during the first quarter of 2018, an unrealized loss of $40,000 was recorded in Other Income (see Note 6, Securities , for more information). Additionally, the Company measured the fair value of its loan portfolio as of March 31, 2018 using an exit price notion (see Note 13, Fair Value Measurements ). ASU 2016-02: In February 2016, the FASB issued ASU No. 2016-02, Leases. From the lessee’s perspective, the new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement for a lessee. From the lessor’s perspective, the new standard requires a lessor to classify leases as either sales-type, finance or operating. A lease will be treated as a sale if it transfers all of the risks and rewards, as well as control of the underlying asset, to the lessee. If risks and rewards are conveyed without the transfer of control, the lease is treated as a financing. If the lessor doesn’t convey risks and rewards or control, an operating lease results. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. A modified retrospective transition approach is required for lessors for sales-type, direct financing, and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company has determined that the provisions of ASU 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 its financial position, results of operations or cash flows. ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326) . This ASU requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Entities will now use forward-looking information to better form their credit loss estimates. The ASU also requires enhanced disclosures to help financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. For public entities that are SEC filers, this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. For public entities that are not SEC filers, this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. For non-public entities, this ASU is effective for fiscal years beginning after December 15, 2020, and for interim periods within fiscal years beginning after December 15, 2021. Early application will be permitted for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. While the Company is currently evaluating the provisions of ASU 2016-13 to determine the potential impact the new standard will have on its consolidated financial statements, it has taken steps to prepare for the implementation when it becomes effective, such as forming an internal task force, selecting an outside vendor, gathering pertinent data, and running quarterly update reports to evaluate output. ASU 2016-15: In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments . ASU 2016-15 addresses changes to reduce the presentation diversity of certain cash receipts and cash payments in the statement of cash flows, including debt prepayment or extinguishment costs, settlement of certain debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, and distributions received from equity method investees. The guidance becomes effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, with early adoption permitted. An entity that elects early adoption must adopt all of the amendments in the same period. The new standard will be applied retrospectively, but may be applied prospectively if retrospective application would be impracticable. The Company adopted this ASU and the impact is not material on the financial statements. ASU 2016-18: In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. ASU 2016-18 was issued to address divergence in the way restricted cash is classified and presented. The amendments in the update require that a statement of cash flows explain the change during a reporting period in the total of cash, cash equivalents, and amounts generally described as restricted cash and restricted cash equivalents. The amendments in this update apply to entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendment says that transfers between cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents are not part of the entity's operating, investing, and financing activities. For public business entities, ASU 2016-18 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company adopted this ASU and the impact is not material on the financial statements. ASU 2017-04: In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350) . ASU 2017-04 removes Step 2 from the goodwill impairment test. Under the amendments in this update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Board also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. Therefore, the same impairment assessment applies to all reporting units. An entity is required to disclose the amount of goodwill allocated to each reporting unit with a zero or negative carrying amount of net assets. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. For public entities that are SEC filers, this ASU is effective for its annual, or any goodwill impairment tests in fiscal years, beginning after December 15, 2019. For public entities that are not SEC filers, this ASU is effective for its annual, or any goodwill impairment tests in fiscal years, beginning after December 15, 2020. For non-public entities, this ASU is effective for its annual, or any goodwill impairment tests in fiscal years, beginning after December 15, 2021. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the new guidance but has determined that this standard should not have a material impact on its consolidated financial statements. ASU 2017-09: In May 2017, the FASB issued ASU No. 2017-09, “Stock Compensation, Scope of Modification Accounting.” This ASU clarifies when changes to the terms of conditions of a share-based payment award must be accounted for as modifications. Companies will apply the modification accounting guidance if the value, vesting conditions or classification of the award changes. The new guidance should reduce diversity in practice and result in fewer changes to the terms of an award being accounted for as modifications, as the guidance will allow companies to make certain non-substantive changes to awards without accounting for them as modifications. It does not change the accounting for modifications. ASU No. 2017-09 is effective for interim and annual reporting periods beginning after December 15, 2017; early adoption is permitted. The Company adopted this ASU and the impact is not material on the financial statements. ASU 2018-02: In February 2018, the FASB issued ASU 2018-02, “Income Statement - Reporting Comprehensive Income (Topic 220) - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” This ASU was issued to address a narrow-scope financial reporting issue that arose as a result of the enactment of the Tax Cuts and Jobs Act (“Tax Reform”) on December 22, 2017. The objective of ASU 2018-02 is to address the tax effects of items within accumulated other comprehensive income (referred to as “stranded tax effects”) that do not reflect the appropriate tax rate enacted in the Tax Reform. As a result, the ASU 2018-02 allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the newly enacted federal corporate income tax rate. The amount of the reclassification would be the difference between the historical corporate income tax rate of 35 percent and the newly enacted corporate income tax rate of 21 percent. ASU 2018-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted, including adoption in an interim period. The amendments in this ASU may be applied retrospectively to each period in which the effect of the change in the U.S. Federal corporate income tax rate in the Tax Reform is recognized. The Company adopted ASU 2018-02 effective January 1, 2018, and the impact amounted to $59,000 as a reclassification from accumulated other comprehensive loss to retained earnings.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31, 2018 and 2017. Three Months Ended March 31, 2018 2017 (Dollars in Thousands) Non-Interest Income In-scope of Topic 606 Service fees on Deposit Accounts $ 238 $ 150 Other income 133 169 Non-Interest Income (in-scope of Topic 606) 371 319 Non-Interest Income (out-of-scope of Topic 606) 939 806 Total Non-Interest Income $ 1,310 $ 1,125

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computations of basic and diluted earnings per common share: Three Months Ended March 31, 2018 2017 (In Thousands, Except Per Share Data) Net income $ 2,676 $ 1,802 Weighted average common shares outstanding – Basic 8,447 8,341 Effect of dilutive securities, stock options and restricted stock 228 277 Weighted average common shares outstanding – Diluted 8,675 8,618 Basic earnings per common share $ 0.32 $ 0.22 Diluted earnings per common share $ 0.31 $ 0.21

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Unrealized Gain (Loss) on Investments	The amortized cost, gross unrealized gains and losses, and fair values of the Company’s securities are summarized as follows: (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2018: Securities available for sale: U.S. Government agency securities $ 12,907 $ 1 $ (89 ) $ 12,819 Municipal securities 493 — — 493 U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities 7,855 1 (224 ) 7,632 U.S. Government collateralized residential mortgage obligations 7,299 5 (268 ) 7,036 Corporate debt securities, primarily financial institutions 2,494 3 (65 ) 2,432 Total securities available for sale $ 31,048 $ 10 $ (646 ) $ 30,412 Total equity securities $ 2,517 $ — $ (94 ) $ 2,423 Securities held to maturity: Municipal securities $ 46,893 $ 358 $ (192 ) $ 47,059 GSE – Residential mortgage-backed securities 6,997 — (243 ) 6,754 U.S. Government collateralized residential mortgage obligations 2,103 — (61 ) 2,042 Corporate debt securities, primarily financial institutions 1,826 — (65 ) 1,761 Total securities held to maturity $ 57,819 $ 358 $ (561 ) $ 57,616 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2017: Securities available for sale: U.S. Government agency securities $ 10,105 $ — $ (48 ) $ 10,057 Municipal securities 494 1 — 495 GSE – residential mortgage-backed securities 8,362 — (143 ) 8,219 U.S. Government collateralized residential mortgage obligations 7,672 1 (191 ) 7,482 Corporate debt securities, primarily financial institutions 2,494 9 (72 ) 2,431 Total securities available for sale $ 29,127 $ 11 $ (454 ) $ 28,684 Total equity securities $ 2,503 $ — $ (55 ) $ 2,448 Securities held to maturity: Municipal securities $ 46,614 $ 812 $ (20 ) $ 47,406 GSE – residential mortgage-backed securities 7,339 — (98 ) 7,241 U.S. Government collateralized residential mortgage obligations 2,224 — (46 ) 2,178 Corporate debt securities, primarily financial institutions 1,825 — (101 ) 1,724 Total securities held to maturity $ 58,002 $ 812 $ (265 ) $ 58,549
Investments Classified by Contractual Maturity Date	The amortized cost and fair value of the Company’s debt securities at March 31, 2018 , by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value (In Thousands) Due in one year or less $ 1,249 $ 1,249 $ 14,225 $ 14,248 Due in one year through five years 7,580 7,520 2,373 2,396 Due in five years through ten years 833 831 8,387 8,389 Due after ten years 6,232 6,144 23,734 23,787 Sub-total 15,894 15,744 48,719 48,820 GSE – residential mortgage-backed securities 7,855 7,632 6,997 6,754 U.S. Government collateralized residential mortgage obligations 7,299 7,036 2,103 2,042 Total $ 31,048 $ 30,412 $ 57,819 $ 57,616
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	The tables below indicate the length of time individual securities have been in a continuous unrealized loss position at March 31, 2018 and December 31, 2017 : Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2018: (In Thousands) U.S. Government agency securities $ 10,356 $ (86 ) $ 836 $ (3 ) $ 11,192 $ (89 ) Municipal securities 14,448 (192 ) — — 14,448 (192 ) GSE – residential mortgage-backed securities 5,778 (175 ) 8,429 (292 ) 14,207 (467 ) U.S. Government collateralized residential mortgage obligations 1,683 (42 ) 7,078 (287 ) 8,761 (329 ) Corporate debt securities, primarily financial institutions 492 (7 ) 2,698 (123 ) 3,190 (130 ) Total temporarily impaired securities $ 32,757 $ (502 ) $ 19,041 $ (705 ) $ 51,798 $ (1,207 ) Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2017: (In Thousands) U.S. Government agency securities $ 8,229 $ (46 ) $ 1,766 $ (2 ) $ 9,995 $ (48 ) Municipal securities 14,170 (20 ) — — 14,170 (20 ) GSE – residential mortgage-backed securities 6,302 (66 ) 9,123 (175 ) 15,425 (241 ) U.S. Government collateralized residential mortgage obligations 1,806 (20 ) 7,500 (217 ) 9,306 (237 ) Corporate debt securities, primarily financial institutions — — 2,648 (173 ) 2,648 (173 ) Equity securities — — 2,449 (55 ) 2,449 (55 ) Total temporarily impaired securities $ 30,507 $ (152 ) $ 23,486 $ (622 ) $ 53,993 $ (774 )

Loans Receivable And Allowanc29

Loans Receivable And Allowance For Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2018
Receivables [Abstract]
Components of the Loan Portfolio Held for Investment	The components of the loan portfolio held for investment at March 31, 2018 and December 31, 2017 are as follows: March 31, December 31, 2018 2017 (In Thousands) Commercial and industrial $ 106,758 $ 101,371 Real estate – construction 124,828 118,094 Real estate – commercial 545,728 537,733 Real estate – residential 65,035 64,238 Consumer 30,748 30,203 873,097 851,639 Allowance for loan losses (10,962 ) (10,668 ) Unearned fees (770 ) (765 ) Net Loans $ 861,365 $ 840,206
Past Due Financing Receivables	The following tables present the classes of the loan portfolio summarized by the past due status as of March 31, 2018 and December 31, 2017 : 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing March 31, 2018: (In Thousands) Commercial and industrial $ 220 $ — $ 674 $ 894 $ 105,864 $ 106,758 $ — Real estate – construction — — 150 150 124,678 124,828 — Real estate – commercial 514 — 197 711 545,017 545,728 — Real estate – residential 573 — 717 1,290 63,745 65,035 — Consumer 84 40 194 318 30,430 30,748 — Total $ 1,391 $ 40 $ 1,932 $ 3,363 $ 869,734 $ 873,097 $ — 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing December 31, 2017: (In Thousands) Commercial and industrial $ 224 $ — $ 790 $ 1,014 $ 100,357 $ 101,371 $ — Real estate – construction — — 150 150 117,944 118,094 — Real estate – commercial 146 150 219 515 537,218 537,733 — Real estate – residential 290 — 717 1,007 63,231 64,238 — Consumer 92 — 194 286 29,917 30,203 — Total $ 752 $ 150 $ 2,070 $ 2,972 $ 848,667 $ 851,639 $ —
Non-Accrual Loans by Classes of the Loan Portfolio	The following table presents non-accrual loans by classes of the loan portfolio at March 31, 2018 and December 31, 2017 : March 31, December 31, 2018 2017 (In Thousands) Commercial and industrial $ 674 $ 790 Real estate – construction 150 150 Real estate – commercial 197 219 Real estate – residential 717 717 Consumer 234 194 Total $ 1,972 $ 2,070
Troubled Debt Restructuring Loans	The following table presents new TDR's that occurred during the three months ended March 31, 2017 : Three months ended March 31, 2017 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in Thousands) Troubled debt restructuring: Commercial and industrial 1 $ 150 $ 150 Real estate - construction 1 $ 150 $ 150 2 $ 300 $ 300
Summarized Information by Impaired Loans by Loan Portfolio Class	The following tables summarize information in regards to both the recorded investment balance information for impaired loans by loan portfolio class at March 31, 2018 and December 31, 2017, and the average recorded investment balance information for impaired loans by loan portfolio class for the three months ended March 31, 2018 and 2017 , respectively: As of March 31, 2018 For the three months ended March 31, 2018 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 3,157 $ 3,157 $ — $ 3,203 $ 33 Real estate – construction 3,143 3,143 — 3,145 33 Real estate – commercial 319 319 — 334 2 Real estate – residential 1,084 1,084 — 1,085 5 Consumer 234 234 — 234 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — Real estate – construction — — — — — Real estate – commercial — — — — — Real estate – residential — — — — — Consumer — — — — — Total: Commercial and industrial $ 3,157 $ 3,157 $ — $ 3,203 $ 33 Real estate – construction 3,143 3,143 — 3,145 33 Real estate – commercial 319 319 — 334 2 Real estate – residential 1,084 1,084 — 1,085 5 Consumer 234 234 — 234 — Total $ 7,937 $ 7,937 $ — $ 8,001 $ 73 As of December 31, 2017 For the three months ended March 31, 2017 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 3,350 $ 3,697 $ — $ 3,924 $ 44 Real estate – construction 3,148 3,148 — 3,184 34 Real estate – commercial 344 344 — 1,196 10 Real estate – residential 1,086 1,086 — 1,130 5 Consumer 194 194 107 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — Real estate – construction — — — — — Real estate – commercial — — — — — Real estate – residential — — — — — Consumer — — — — — Total: Commercial and industrial $ 3,350 $ 3,697 $ — $ 3,924 $ 44 Real estate – construction 3,148 3,148 — 3,184 34 Real estate – commercial 344 344 — 1,196 10 Real estate – residential 1,086 1,086 — 1,130 5 Consumer 194 194 107 — Total $ 8,122 $ 8,469 $ — $ 9,541 $ 93
Classes of Loan Portfolio Summarized by Aggregate Pass Rating	The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of March 31, 2018 and December 31, 2017 : Pass Special Mention Substandard Doubtful Total (In Thousands) March 31, 2018: Commercial and industrial $ 103,428 $ 108 $ 3,222 $ — $ 106,758 Real estate – construction 119,027 4,312 1,489 — 124,828 Real estate – commercial 535,096 4,595 6,037 — 545,728 Real estate – residential 64,318 — 717 — 65,035 Consumer 30,304 33 411 — 30,748 Total $ 852,173 $ 9,048 $ 11,876 $ — $ 873,097 Pass Special Mention Substandard Doubtful Total (In Thousands) December 31, 2017: Commercial and industrial $ 97,160 $ 796 $ 3,299 $ 116 $ 101,371 Real estate – construction 112,353 4,252 1,489 — 118,094 Real estate – commercial 525,951 5,681 6,101 — 537,733 Real estate – residential 63,521 — 717 — 64,238 Consumer 29,795 34 374 — 30,203 Total $ 828,780 $ 10,763 $ 11,980 $ 116 $ 851,639
Schedule of Allowance for Loan Losses	The following table presents the change in the allowance for loan losses by classes of loans for the three months ended March 31, 2018 and 2017 : Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2018 $ 930 $ 1,389 $ 7,325 $ 502 $ 174 $ 348 $ 10,668 Charge-offs (115 ) — — — — — (115 ) Recoveries — 3 6 — — — 9 Provision 152 97 54 (3 ) (18 ) 118 400 Ending balance, March 31, 2018 $ 967 $ 1,489 $ 7,385 $ 499 $ 156 $ 466 $ 10,962 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2017 $ 844 $ 1,276 $ 6,315 $ 463 $ 244 $ 423 $ 9,565 Charge-offs (248 ) — — — — — (248 ) Recoveries 10 8 4 — 3 — 25 Provision 268 (68 ) 125 (2 ) (15 ) (83 ) 225 Ending balance, March 31, 2017 $ 874 $ 1,216 $ 6,444 $ 461 $ 232 $ 340 $ 9,567 The following tables present the balance in the allowance for loan losses at March 31, 2018 and December 31, 2017 disaggregated on the basis of the Company’s impairment method by class of loans receivable along with the balance of loans receivable by class disaggregated on the basis of the Company’s impairment methodology: Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment (In Thousands) March 31, 2018: Commercial and industrial $ 967 $ — $ 967 $ 106,758 $ 3,157 $ 103,601 Real estate – construction 1,489 — 1,489 124,828 3,143 121,685 Real estate – commercial 7,385 — 7,385 545,728 319 545,409 Real estate – residential 499 — 499 65,035 1,084 63,951 Consumer 156 — 156 30,748 234 30,514 Unallocated 466 — 466 — — — Total $ 10,962 $ — $ 10,962 $ 873,097 $ 7,937 $ 865,160 Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment (In Thousands) December 31, 2017: Commercial and industrial $ 930 $ — $ 930 $ 101,371 $ 3,350 $ 98,021 Real estate – construction 1,389 — 1,389 118,094 3,148 114,946 Real estate – commercial 7,325 — 7,325 537,733 344 537,389 Real estate – residential 502 — 502 64,238 1,086 63,152 Consumer 174 — 174 30,203 194 30,009 Unallocated 348 — 348 — — — Total $ 10,668 $ — $ 10,668 $ 851,639 $ 8,122 $ 843,517

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	The following table presents information regarding the Company’s outstanding stock options at March 31, 2018 : Number of Shares Weighted Average Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Options outstanding, December 31, 2017 361,507 $ 5.20 Options granted — — Options exercised (45,730 ) 3.80 Options forfeited (3,150 ) 8.83 Options outstanding, March 31, 2018 312,627 $ 5.37 3.79 $ 3,884,175 Options exercisable, March 31, 2018 271,306 $ 4.87 3.28 $ 3,507,470 Option exercise price range at March 31, 2018 $2.87 to $11.21
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	The following table summarizes information about restricted stock at March 31, 2018 : Number of Shares Weighted Unvested at December 31, 2017 49,021 $ 14.01 Restricted stock earned (4,103 ) 10.65 Granted 8,400 18.01 Awards Forfeited (500 ) 18.32 Unvested at March 31, 2018 52,818 $ 14.87

FHLB And Other Borrowings (Tabl

FHLB And Other Borrowings (Tables)	3 Months Ended
	Mar. 31, 2018
Banking and Thrift [Abstract]
Schedule of Maturities of Long-term Debt	These advances are contractually scheduled for repayment as follows: March 31, 2018 December 31, 2017 Rate Original Term (Years) Maturity (dollars in thousands) Fixed Rate Note $ 2,000 $ 2,000 1.65 % 5 October 2018 Fixed Rate Note — 1,300 1.31 % 3 January 2018 Fixed Rate Note 1,800 1,800 1.59 % 4 January 2019 Fixed Rate Note 2,700 2,700 1.81 % 5 January 2020 Fixed Rate Note 2,500 2,500 2.03 % 6 January 2021 Fixed Rate Note 1,000 1,000 1.09 % 3 July 2019 Fixed Rate Note 1,000 1,000 1.42 % 5 July 2021 Fixed Rate Note 7,500 7,500 2.07 % 5 August 2022 Fixed Rate Note 1,000 1,000 1.70 % 7 July 2023 Fixed Rate Note 5,000 5,000 2.16 % 4 October 2021 Total FHLB borrowings $ 24,500 $ 25,800

Securities Sold Under Agreeme32

Securities Sold Under Agreements to Repurchase (Tables)	3 Months Ended
	Mar. 31, 2018
Offsetting [Abstract]
Schedule of Repurchase Agreements Maturities	The following table presents the contractual maturities of the Repurchase Agreements as of March 31, 2018 and December 31, 2017 , disaggregated by the class of collateral pledged: Maturity of Repurchase Agreements (dollars in thousands) Overnight and Continuous Up to 30 days 30 to 90 days Over 90 days Total March 31, 2018 Class of Collateral Pledged: U.S. Government agency securities $ 7,287 $ — $ — $ — $ 7,287 GSE – residential mortgage-backed securities 10,128 — — — 10,128 U.S. Government collateralized residential mortgage obligations 9,958 — — — 9,958 Total $ 27,373 $ — $ — $ — $ 27,373 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 18,472 Excess of collateral pledged over recognized liability $ 8,901 Maturity of Repurchase Agreements (dollars in thousands) Overnight and Continuous Up to 30 days 30 to 90 days Over 90 days Total December 31, 2017 Class of Collateral Pledged: U.S. Government agency securities $ 9,995 $ — $ — $ — $ 9,995 GSE – residential mortgage-backed securities 5,558 — — — 5,558 U.S. Government collateralized residential mortgage obligations 13,440 — — — 13,440 Total $ 28,993 $ — $ — $ — $ 28,993 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 27,120 Excess of collateral pledged over recognized liability $ 1,873

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2018 and December 31, 2017 are as follows: Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At March 31, 2018: Securities available for sale: U.S. Government agency securities $ — $ 12,819 $ — $ 12,819 Municipal securities — 493 — 493 GSE – residential mortgage-backed securities — 7,632 — 7,632 U.S. Government collateralized residential mortgage obligations — 7,036 — 7,036 Corporate debt securities, primarily financial institutions — 2,432 — 2,432 Total securities available for sale $ — $ 30,412 $ — $ 30,412 Total equity securities $ 2,423 $ — $ — $ 2,423 Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At December 31, 2017: Securities available for sale: U.S. Government agency securities $ — $ 10,057 $ — $ 10,057 Municipal securities — 495 — 495 GSE – residential mortgage-backed securities — 8,219 — 8,219 U.S. Government collateralized residential mortgage obligations — 7,482 — 7,482 Corporate debt securities, primarily financial institutions — 2,431 — 2,431 Total securities available for sale $ — $ 28,684 $ — $ 28,684 Total equity securities $ 2,448 $ — $ — $ 2,448
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques	For assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2018 and December 31, 2017 are as follows: Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At March 31, 2018: Impaired loans, net of partial charge-offs $ — $ — $ — $ — At December 31, 2017: Impaired loans, net of partial charge-offs $ — $ — $ 116 $ 116
Fair Value, by Balance Sheet Grouping	The estimated fair values of the Company’s financial instruments at March 31, 2018 and December 31, 2017 were as follows: Fair Value Measurements at March 31, 2018 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 28,595 $ 28,595 $ 28,595 $ — $ — Securities available for sale 30,412 30,412 — 30,412 — Securities held to maturity 57,819 57,616 — 57,616 — Equity securities 2,423 2,423 2,423 — — Restricted investments 5,597 5,597 — — 5,597 Loans held for sale 1,834 1,857 — — 1,857 Loans receivable, net (1) 861,365 856,591 — — 856,591 Accrued interest receivable 2,492 2,492 — 510 1,982 Financial liabilities: Deposits 870,904 870,070 — 870,070 — Securities sold under agreements to repurchase 18,472 18,472 — 18,472 — FHLB and other borrowings 24,500 23,818 — 23,818 — Subordinated debt 9,896 10,352 — 10,352 — Accrued interest payable 69 69 — 69 — Fair Value Measurements at December 31, 2017 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 48,219 $ 48,219 $ 48,219 $ — $ — Securities available for sale 28,684 28,684 — 28,684 — Securities held to maturity 58,002 58,549 — 58,549 — Equity securities 2,448 2,448 2,448 — — Restricted investments 5,430 5,430 — — 5,430 Loans held for sale 2,581 2,738 — — 2,738 Loans receivable, net (1) 840,206 841,477 — — 841,477 Accrued interest receivable 2,554 2,554 — 638 1,916 Financial liabilities: Deposits 861,557 860,129 — 860,129 — Securities sold under agreements to repurchase 27,120 27,120 — 27,120 — FHLB and other borrowings 25,800 25,382 — 25,382 — Subordinated debt 9,888 9,812 — 9,812 — Accrued interest payable 70 70 — 70 — (1) In accordance with the prospective adoption of ASU 2016-01, the fair value of loans as of March 31, 2018 were measured using an exit price notion. The fair value of loans at December 31, 2017 were measured using an exit price notion.

New Accounting Standards (Detai

New Accounting Standards (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Unrealized loss on CRA Mutual Fund	$ 40,000
AOCI reclassification due to adoption of ASU 2018-02	59,000
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
AOCI reclassification due to adoption of ASU 2016-01			$ (39,000)
AOCI reclassification due to adoption of ASU 2018-02	$ (59,000)
Retained Earnings | Accounting Standards Update 2016-01
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
AOCI reclassification due to adoption of ASU 2016-01		$ 39,000

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation of Revenue [Line Items]
Non-Interest Income (in-scope of Topic 606)	$ 371	$ 319
Non-Interest Income (out-of-scope of Topic 606)	939	806
Total Non-Interest Income	1,310	1,125
Service fees on Deposit Accounts
Disaggregation of Revenue [Line Items]
Non-Interest Income (in-scope of Topic 606)	238	150
Other income
Disaggregation of Revenue [Line Items]
Non-Interest Income (in-scope of Topic 606)	$ 133	$ 169

Goodwill (Details)

Goodwill (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment loss	$ 0
Goodwill	$ 18,109,000	$ 18,109,000

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - shares	Feb. 28, 2017	Mar. 31, 2018	Mar. 31, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock dividends, percentage	5.00%
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		0	0

Earnings Per Common Share - Bas

Earnings Per Common Share - Basic and Diluted Earning Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share [Abstract]
Net income	$ 2,676	$ 1,802
Weighted average common shares outstanding – Basic (in shares)	8,447	8,341
Effect of dilutive stock options and restricted stock (in shares)	228	277
Weighted average common shares outstanding – Diluted (in shares)	8,675	8,618
Basic earnings per common share (in dollars per share)	$ 0.32	$ 0.22
Diluted earnings per common share (in dollars per share)	$ 0.31	$ 0.21

Securities - Summary of Securit

Securities - Summary of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Securities available for sale:
Securities available-for-sale, amortized cost	$ 31,048	$ 29,127
Securities available-for-sale, gross unrealized gains	10	11
Securities available-for-sale, gross unrealized losses	(646)	(454)
Securities available for sale	30,412	28,684
Total equity securities
Equity securities amortized cost	2,517	2,503
Equity securities, unrealized gain	0
Equity securities, unrealized loss	94
Equity securities	2,423	2,448
Securities held to maturity:
Securities held-to-maturity, amortized cost	57,819	58,002
Securities held-to-maturity, gross unrealized gains	358	812
Securities held-to-maturity, gross unrealized losses	(561)	(265)
Securities held to maturity	57,616	58,549
U.S. Government agency securities
Securities available for sale:
Securities available-for-sale, amortized cost	12,907	10,105
Securities available-for-sale, gross unrealized gains	1	0
Securities available-for-sale, gross unrealized losses	(89)	(48)
Securities available for sale	12,819	10,057
Municipal securities
Securities available for sale:
Securities available-for-sale, amortized cost	493	494
Securities available-for-sale, gross unrealized gains	0	1
Securities available-for-sale, gross unrealized losses	0	0
Securities available for sale	493	495
Securities held to maturity:
Securities held-to-maturity, amortized cost	46,893	46,614
Securities held-to-maturity, gross unrealized gains	358	812
Securities held-to-maturity, gross unrealized losses	(192)	(20)
Securities held to maturity	47,059	47,406
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities
Securities available for sale:
Securities available-for-sale, amortized cost	7,855	8,362
Securities available-for-sale, gross unrealized gains	1	0
Securities available-for-sale, gross unrealized losses	(224)	(143)
Securities available for sale	7,632	8,219
Securities held to maturity:
Securities held-to-maturity, amortized cost	6,997	7,339
Securities held-to-maturity, gross unrealized gains	0	0
Securities held-to-maturity, gross unrealized losses	(243)	(98)
Securities held to maturity	6,754	7,241
U.S. Government collateralized residential mortgage obligations
Securities available for sale:
Securities available-for-sale, amortized cost	7,299	7,672
Securities available-for-sale, gross unrealized gains	5	1
Securities available-for-sale, gross unrealized losses	(268)	(191)
Securities available for sale	7,036	7,482
Securities held to maturity:
Securities held-to-maturity, amortized cost	2,103	2,224
Securities held-to-maturity, gross unrealized gains	0	0
Securities held-to-maturity, gross unrealized losses	(61)	(46)
Securities held to maturity	2,042	2,178
Corporate debt securities, primarily financial institutions
Securities available for sale:
Securities available-for-sale, amortized cost	2,494	2,494
Securities available-for-sale, gross unrealized gains	3	9
Securities available-for-sale, gross unrealized losses	(65)	(72)
Securities available for sale	2,432	2,431
Securities held to maturity:
Securities held-to-maturity, amortized cost	1,826	1,825
Securities held-to-maturity, gross unrealized gains	0	0
Securities held-to-maturity, gross unrealized losses	(65)	(101)
Securities held to maturity	$ 1,761	1,724
Equity securities
Securities available for sale:
Securities available-for-sale, amortized cost		2,503
Securities available-for-sale, gross unrealized gains		0
Securities available-for-sale, gross unrealized losses		(55)
Securities available for sale		$ 2,448

Securities - Investments Classi

Securities - Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Amortized Cost
Due in one year or less	$ 1,249
Due in one year through five years	7,580
Due in five years through ten years	833
Due after ten years	6,232
Sub-total	15,894
Securities available-for-sale, amortized cost	31,048	$ 29,127
Fair Value
Due in one year or less	1,249
Due in one year through five years	7,520
Due in five years through ten years	831
Due after ten years	6,144
Sub-total	15,744
Securities available for sale	30,412	28,684
Amortized Cost
Due in one year or less	14,225
Due in one year through five years	2,373
Due in five years through ten years	8,387
Due after ten years	23,734
Sub-total, held to maturity	48,719
Securities held-to-maturity, amortized cost	57,819	58,002
Fair Value
Due in one year or less	14,248
Due in one year through five years	2,396
Due in five years through ten years	8,389
Due after ten years	23,787
Sub-total, held to maturity	48,820
Held-to-maturity securities	57,616	58,549
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities
Amortized Cost
Available-for-sale securities, without single maturity date	7,855
Securities available-for-sale, amortized cost	7,855	8,362
Fair Value
Available-for-sale securities, without single maturity date	7,632
Securities available for sale	7,632	8,219
Amortized Cost
Held-to-maturity securities, without single maturity date	6,997
Securities held-to-maturity, amortized cost	6,997	7,339
Fair Value
Held-to-maturity securities, without single maturity date	6,754
Held-to-maturity securities	6,754	7,241
U.S. Government collateralized residential mortgage obligations
Amortized Cost
Available-for-sale securities, without single maturity date	7,299
Securities available-for-sale, amortized cost	7,299	7,672
Fair Value
Available-for-sale securities, without single maturity date	7,036
Securities available for sale	7,036	7,482
Amortized Cost
Held-to-maturity securities, without single maturity date	2,103
Securities held-to-maturity, amortized cost	2,103	2,224
Fair Value
Held-to-maturity securities, without single maturity date	2,042
Held-to-maturity securities	2,042	$ 2,178
Securities Portfolio Without CRA
Amortized Cost
Securities available-for-sale, amortized cost	31,048
Fair Value
Securities available for sale	30,412
Amortized Cost
Securities held-to-maturity, amortized cost	57,819
Fair Value
Held-to-maturity securities	$ 57,616

Securities - Narrative (Details

Securities - Narrative (Details)	3 Months Ended
	Mar. 31, 2018USD ($)security	Mar. 31, 2017USD ($)security	Jan. 01, 2018USD ($)	Dec. 31, 2017USD ($)
Schedule of Trading Securities and Other Trading Assets [Line Items]
Available for sale securities number of positions sold	0	0
Available-for-sale securities pledged as collateral	$ 36,000,000			$ 34,600,000
Securities in unrealized loss position | security	70
Number of individual trust preferred securities | security	4
Other than temporary impairments recognized	$ 0	$ 0
Unrealized loss on CRA Mutual Fund	40,000
Corporate Debt Securities, Primarily Financial Institutions | Not Other Than Temporary Impaired
Schedule of Trading Securities and Other Trading Assets [Line Items]
Impaired security amortized cost value	2,800,000
Impaired security fair value	$ 2,700,000
Retained Earnings
Schedule of Trading Securities and Other Trading Assets [Line Items]
AOCI reclassification due to adoption of ASU 2016-01				$ (39,000)
Retained Earnings | Accounting Standards Update 2016-01
Schedule of Trading Securities and Other Trading Assets [Line Items]
AOCI reclassification due to adoption of ASU 2016-01			$ 39,000

Securities - Securities in a Co

Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value	$ 32,757	$ 30,507
Less than 12 Months Unrealized Losses	(502)	(152)
12 Months or More Fair Value	19,041	23,486
12 Months or More Unrealized Losses	(705)	(622)
Total Fair Value	51,798	53,993
Total Unrealized Losses	(1,207)	(774)
U.S. Government agency securities
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value	10,356	8,229
Less than 12 Months Unrealized Losses	(86)	(46)
12 Months or More Fair Value	836	1,766
12 Months or More Unrealized Losses	(3)	(2)
Total Fair Value	11,192	9,995
Total Unrealized Losses	(89)	(48)
Municipal securities
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value	14,448	14,170
Less than 12 Months Unrealized Losses	(192)	(20)
12 Months or More Fair Value	0	0
12 Months or More Unrealized Losses	0	0
Total Fair Value	14,448	14,170
Total Unrealized Losses	(192)	(20)
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value	5,778	6,302
Less than 12 Months Unrealized Losses	(175)	(66)
12 Months or More Fair Value	8,429	9,123
12 Months or More Unrealized Losses	(292)	(175)
Total Fair Value	14,207	15,425
Total Unrealized Losses	(467)	(241)
U.S. Government collateralized residential mortgage obligations
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value	1,683	1,806
Less than 12 Months Unrealized Losses	(42)	(20)
12 Months or More Fair Value	7,078	7,500
12 Months or More Unrealized Losses	(287)	(217)
Total Fair Value	8,761	9,306
Total Unrealized Losses	(329)	(237)
Corporate debt securities, primarily financial institutions
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value	492	0
Less than 12 Months Unrealized Losses	(7)	0
12 Months or More Fair Value	2,698	2,648
12 Months or More Unrealized Losses	(123)	(173)
Total Fair Value	3,190	2,648
Total Unrealized Losses	$ (130)	(173)
Equity securities
Gain (Loss) on Investments [Line Items]
Less than 12 Months Fair Value		0
Less than 12 Months Unrealized Losses		0
12 Months or More Fair Value		2,449
12 Months or More Unrealized Losses		(55)
Total Fair Value		2,449
Total Unrealized Losses		$ (55)

Loans Receivable And Allowanc43

Loans Receivable And Allowance For Loan Losses (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2018USD ($)loan	Mar. 31, 2017USD ($)segmentloan	Dec. 31, 2017USD ($)loan
Financing Receivable, Impaired [Line Items]
Transfer of loans held for investment to loans held for sale	$ 4,980,000	$ 4,547,000
Gain on sale of loans transferred from held for investment to held for sale	100,000	$ 91,000
Number loans receivable portfolio segments | segment		5
Troubled debt restructuring, amount	6,800,000		$ 7,100,000
Troubled debt restructuring current, amount	6,000,000		6,100,000
Number of troubled debt restructured contracts | loan		2
Trouble debt restructuring, non-accrual loans, amount	878,000		1,000,000
Trouble debt restructuring, specific reserve	$ 0		$ 0
Loans modified as troubled debt restructuring | loan	0	0
Non Accrual Loans
Financing Receivable, Impaired [Line Items]
Number of troubled debt restructured contracts | loan	6		7

Loans Receivable And Allowanc44

Loans Receivable And Allowance For Loan Losses - Components of Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 873,097	$ 851,639
Allowance for loan losses	(10,962)	(10,668)	$ (9,567)	$ (9,565)
Unearned fees	(770)	(765)
Net loans	861,365	840,206
Commercial and industrial | Commercial Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	106,758	101,371
Allowance for loan losses	(967)	(930)	(874)	(844)
Real estate – construction | Commercial Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	124,828	118,094
Allowance for loan losses	(1,489)	(1,389)	(1,216)	(1,276)
Real estate – commercial | Commercial Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	545,728	537,733
Allowance for loan losses	(7,385)	(7,325)	(6,444)	(6,315)
Real estate – residential | Consumer Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	65,035	64,238
Allowance for loan losses	(499)	(502)	(461)	(463)
Consumer | Consumer Portfolio Segment
Loans and Leases Receivable Disclosure [Line Items]
Loans	30,748	30,203
Allowance for loan losses	$ (156)	$ (174)	$ (232)	$ (244)

Loans Receivable And Allowanc45

Loans Receivable And Allowance For Loan Losses - Past Due Financing Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 3,363	$ 2,972
Current	869,734	848,667
Total Loans Receivable	873,097	851,639
Loans Receivable 90 Days and Accruing	0	0
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,391	752
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	40	150
90 Days & Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,932	2,070
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	894	1,014
Current	105,864	100,357
Total Loans Receivable	106,758	101,371
Loans Receivable 90 Days and Accruing	0	0
Commercial Portfolio Segment | Commercial and industrial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	220	224
Commercial Portfolio Segment | Commercial and industrial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Commercial Portfolio Segment | Commercial and industrial | 90 Days & Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	674	790
Commercial Portfolio Segment | Real estate – construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	150	150
Current	124,678	117,944
Total Loans Receivable	124,828	118,094
Loans Receivable 90 Days and Accruing	0	0
Commercial Portfolio Segment | Real estate – construction | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Commercial Portfolio Segment | Real estate – construction | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Commercial Portfolio Segment | Real estate – construction | 90 Days & Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	150	150
Commercial Portfolio Segment | Real estate – commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	711	515
Current	545,017	537,218
Total Loans Receivable	545,728	537,733
Loans Receivable 90 Days and Accruing	0	0
Commercial Portfolio Segment | Real estate – commercial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	514	146
Commercial Portfolio Segment | Real estate – commercial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	150
Commercial Portfolio Segment | Real estate – commercial | 90 Days & Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	197	219
Consumer Portfolio Segment | Real estate – residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	1,290	1,007
Current	63,745	63,231
Total Loans Receivable	65,035	64,238
Loans Receivable 90 Days and Accruing	0	0
Consumer Portfolio Segment | Real estate – residential | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	573	290
Consumer Portfolio Segment | Real estate – residential | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	0	0
Consumer Portfolio Segment | Real estate – residential | 90 Days & Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	717	717
Consumer Portfolio Segment | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	318	286
Current	30,430	29,917
Total Loans Receivable	30,748	30,203
Loans Receivable 90 Days and Accruing	0	0
Consumer Portfolio Segment | Consumer | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	84	92
Consumer Portfolio Segment | Consumer | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	40	0
Consumer Portfolio Segment | Consumer | 90 Days & Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 194	$ 194

Loans Receivable And Allowanc46

Loans Receivable And Allowance For Loan Losses - Financing Receivables, Non Accrual Status (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual loans	$ 1,972	$ 2,070
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual loans	674	790
Commercial Portfolio Segment | Real estate – construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual loans	150	150
Commercial Portfolio Segment | Real estate – commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual loans	197	219
Consumer Portfolio Segment | Real estate – residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual loans	717	717
Consumer Portfolio Segment | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual loans	$ 234	$ 194

Loans Receivable And Allowanc47

Loans Receivable And Allowance For Loan Losses - Troubled Debt Restructurings on Financing Receivables (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)loan
Financing Receivable, Modifications [Line Items]
Number of Contracts | loan	2
Pre-Modification Outstanding Recorded Investment	$ 300
Post-Modification Outstanding Recorded Investment	$ 300
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Modifications [Line Items]
Number of Contracts | loan	1
Pre-Modification Outstanding Recorded Investment	$ 150
Post-Modification Outstanding Recorded Investment	$ 150
Commercial Portfolio Segment | Real estate – construction
Financing Receivable, Modifications [Line Items]
Number of Contracts | loan	1
Pre-Modification Outstanding Recorded Investment	$ 150
Post-Modification Outstanding Recorded Investment	$ 150

Loans Receivable And Allowanc48

Loans Receivable And Allowance For Loan Losses - Impaired Financing Receivables (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
With an allowance recorded:
Related Allowance			$ 0
Total:
Recorded Investment, Net of Charge-offs	$ 7,937		8,122
Unpaid Principal Balance	7,937		8,469
Average Recorded Investment	8,001	$ 9,541
Interest Income Recognized	73	93
Commercial Portfolio Segment | Commercial and industrial
With no related allowance recorded:
Recorded Investment, Net of Charge-offs	3,157		3,350
Unpaid Principal Balance	3,157		3,697
Average Recorded Investment	3,203	3,924
Interest Income Recognized	33	44
With an allowance recorded:
Recorded Investment, Net of Charge-offs	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total:
Recorded Investment, Net of Charge-offs	3,157		3,350
Unpaid Principal Balance	3,157		3,697
Average Recorded Investment	3,203	3,924
Interest Income Recognized	33	44
Commercial Portfolio Segment | Real estate – construction
With no related allowance recorded:
Recorded Investment, Net of Charge-offs	3,143		3,148
Unpaid Principal Balance	3,143		3,148
Average Recorded Investment	3,145	3,184
Interest Income Recognized	33	34
With an allowance recorded:
Recorded Investment, Net of Charge-offs	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total:
Recorded Investment, Net of Charge-offs	3,143		3,148
Unpaid Principal Balance	3,143		3,148
Average Recorded Investment	3,145	3,184
Interest Income Recognized	33	34
Commercial Portfolio Segment | Real estate – commercial
With no related allowance recorded:
Recorded Investment, Net of Charge-offs	319		344
Unpaid Principal Balance	319		344
Average Recorded Investment	334	1,196
Interest Income Recognized	2	10
With an allowance recorded:
Recorded Investment, Net of Charge-offs	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total:
Recorded Investment, Net of Charge-offs	319		344
Unpaid Principal Balance	319		344
Average Recorded Investment	334	1,196
Interest Income Recognized	2	10
Consumer Portfolio Segment | Real estate – residential
With no related allowance recorded:
Recorded Investment, Net of Charge-offs	1,084		1,086
Unpaid Principal Balance	1,084		1,086
Average Recorded Investment	1,085	1,130
Interest Income Recognized	5	5
With an allowance recorded:
Recorded Investment, Net of Charge-offs	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total:
Recorded Investment, Net of Charge-offs	1,084		1,086
Unpaid Principal Balance	1,084		1,086
Average Recorded Investment	1,085	1,130
Interest Income Recognized	5	5
Consumer Portfolio Segment | Consumer
With no related allowance recorded:
Recorded Investment, Net of Charge-offs	234		194
Unpaid Principal Balance	234		194
Average Recorded Investment	234	107
Interest Income Recognized	0	0
With an allowance recorded:
Recorded Investment, Net of Charge-offs	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total:
Recorded Investment, Net of Charge-offs	234		194
Unpaid Principal Balance	234		$ 194
Average Recorded Investment	234	107
Interest Income Recognized	$ 0	$ 0

Loans Receivable And Allowanc49

Loans Receivable And Allowance For Loan Losses - Financing Receivable Credit Quality Indicators (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 873,097	$ 851,639
Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	852,173	828,780
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	9,048	10,763
Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	11,876	11,980
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	0	116
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Loans	106,758	101,371
Commercial Portfolio Segment | Commercial and industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	103,428	97,160
Commercial Portfolio Segment | Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	108	796
Commercial Portfolio Segment | Commercial and industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	3,222	3,299
Commercial Portfolio Segment | Commercial and industrial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	0	116
Commercial Portfolio Segment | Real estate – construction
Financing Receivable, Recorded Investment [Line Items]
Loans	124,828	118,094
Commercial Portfolio Segment | Real estate – construction | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	119,027	112,353
Commercial Portfolio Segment | Real estate – construction | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	4,312	4,252
Commercial Portfolio Segment | Real estate – construction | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	1,489	1,489
Commercial Portfolio Segment | Real estate – construction | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Commercial Portfolio Segment | Real estate – commercial
Financing Receivable, Recorded Investment [Line Items]
Loans	545,728	537,733
Commercial Portfolio Segment | Real estate – commercial | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	535,096	525,951
Commercial Portfolio Segment | Real estate – commercial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	4,595	5,681
Commercial Portfolio Segment | Real estate – commercial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	6,037	6,101
Commercial Portfolio Segment | Real estate – commercial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Portfolio Segment | Real estate – residential
Financing Receivable, Recorded Investment [Line Items]
Loans	65,035	64,238
Consumer Portfolio Segment | Real estate – residential | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	64,318	63,521
Consumer Portfolio Segment | Real estate – residential | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Portfolio Segment | Real estate – residential | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	717	717
Consumer Portfolio Segment | Real estate – residential | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Portfolio Segment | Consumer
Financing Receivable, Recorded Investment [Line Items]
Loans	30,748	30,203
Consumer Portfolio Segment | Consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	30,304	29,795
Consumer Portfolio Segment | Consumer | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	33	34
Consumer Portfolio Segment | Consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	411	374
Consumer Portfolio Segment | Consumer | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 0	$ 0

Loans Receivable And Allowanc50

Loans Receivable And Allowance For Loan Losses - Allowance for Credit Losses on Financing Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	$ 10,962	$ 10,668	$ 9,567	$ 9,565
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	10,962	10,668
Total Loans Receivable	873,097	851,639
Loans individually evaluated for impairment	7,937	8,122
Loans collectively evaluated for impairment	865,160	843,517
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	967	930	874	844
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	967	930
Total Loans Receivable	106,758	101,371
Loans individually evaluated for impairment	3,157	3,350
Loans collectively evaluated for impairment	103,601	98,021
Commercial Portfolio Segment | Real estate – construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	1,489	1,389	1,216	1,276
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	1,489	1,389
Total Loans Receivable	124,828	118,094
Loans individually evaluated for impairment	3,143	3,148
Loans collectively evaluated for impairment	121,685	114,946
Commercial Portfolio Segment | Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	7,385	7,325	6,444	6,315
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	7,385	7,325
Total Loans Receivable	545,728	537,733
Loans individually evaluated for impairment	319	344
Loans collectively evaluated for impairment	545,409	537,389
Consumer Portfolio Segment | Real estate – residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	499	502	461	463
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	499	502
Total Loans Receivable	65,035	64,238
Loans individually evaluated for impairment	1,084	1,086
Loans collectively evaluated for impairment	63,951	63,152
Consumer Portfolio Segment | Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	156	174	232	244
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	156	174
Total Loans Receivable	30,748	30,203
Loans individually evaluated for impairment	234	194
Loans collectively evaluated for impairment	30,514	30,009
Unallocated
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses	466	348	$ 340	$ 423
Allowance for loan losses individually evaluated for impairment	0	0
Allowance for loan losses collectively evaluated for impairment	466	348
Total Loans Receivable	0	0
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	$ 0	$ 0

Loans Receivable And Allowanc51

Loans Receivable And Allowance For Loan Losses - Change in Allowance for Credit Losses on Financing Receivables (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 10,668	$ 9,565
Charge-offs	(115)	(248)
Recoveries	9	25
Provision	400	225
Ending balance	10,962	9,567
Commercial Portfolio Segment | Commercial and industrial
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	930	844
Charge-offs	(115)	(248)
Recoveries	0	10
Provision	152	268
Ending balance	967	874
Commercial Portfolio Segment | Real estate – construction
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	1,389	1,276
Charge-offs	0	0
Recoveries	3	8
Provision	97	(68)
Ending balance	1,489	1,216
Commercial Portfolio Segment | Real estate – commercial
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	7,325	6,315
Charge-offs	0	0
Recoveries	6	4
Provision	54	125
Ending balance	7,385	6,444
Consumer Portfolio Segment | Real estate – residential
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	502	463
Charge-offs	0	0
Recoveries	0	0
Provision	(3)	(2)
Ending balance	499	461
Consumer Portfolio Segment | Consumer
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	174	244
Charge-offs	0	0
Recoveries	0	3
Provision	(18)	(15)
Ending balance	156	232
Unallocated
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	348	423
Charge-offs	0	0
Recoveries	0	0
Provision	118	(83)
Ending balance	$ 466	$ 340

Stock-Based Compensation Plan52

Stock-Based Compensation Plans (Details) - USD ($)	Feb. 28, 2017	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock dividends, percentage	5.00%
Option grants awarded to directors or officers (in shares)		0
Proceeds from exercise of stock options		$ 172,000	$ 54,000
Two River Bancorp 2007 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares remaining available for grant (in shares)		137,469
Common stock dividends, percentage	5.00%
Maximum | Two River Bancorp 2007 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum vesting period for incentive stock options		10 years
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option grants awarded to directors or officers (in shares)		0
Share-based compensation expense		$ 15,000	20,000
Unrecognized compensation cost related to non-vested options		$ 101,000
Unrecognized compensation cost related to non-vested options, weighted average recognition period		1 year 8 months 15 days
Intrinsic value of options exercised during period		$ 631,000	161,000
Proceeds from exercise of stock options		172,000	54,000
Tax benefits recognized		88,000	0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 50,000	49,000
Unrecognized compensation cost related to non-vested options, weighted average recognition period		3 years 4 months 7 days
Tax benefits recognized		$ 2,000	$ 0
Unrecognized compensation cost related to non-vested restricted stock		$ 702,000

Stock-Based Compensation Plan53

Stock-Based Compensation Plans - Outstanding Stock Options (Details)	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Number of Shares
Options outstanding period start (in shares) | shares	361,507
Options granted (in shares) | shares	0
Options exercised (in shares) | shares	(45,730)
Options forfeited (in shares) | shares	(3,150)
Options outstanding period end (in shares) | shares	312,627
Weighted Average Price
Options outstanding period start, weighted average price (in dollars per share)	$ 5.20
Options granted, weighted average price (in dollars per share)	0
Options exercised, weighted average price (in dollars per share)	3.80
Options forfeited, weighted average price (in dollars per share)	8.83
Options outstanding period end, weighted average price (in dollars per share)	$ 5.37
Options exercisable (in shares) | shares	271,306
Options exercisable, weighted average price (in dollars per share)	$ 4.87
Options outstanding, weighted average remaining contractual life (Year)	3 years 9 months 15 days
Options outstanding, aggregate intrinsic value | $	$ 3,884,175
Options exercisable, weighted average remaining contractual life (Year)	3 years 3 months 12 days
Options exercisable, aggregate intrinsic value | $	$ 3,507,470
Option exercise price range, lower limit (in dollars per share)	$ 2.87
Option exercise price range, upper limit (in dollars per share)	$ 11.21

Stock-Based Compensation Plan54

Stock-Based Compensation Plans - Summary of Restricted Stock (Details) - Restricted Stock	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Number of Shares
Unvested period start (in shares) | shares	49,021
Restricted stock earned (in shares) | shares	(4,103)
Granted (in shares) | shares	8,400
Awards Forfeited (in shares) | shares	(500)
Unvested period end (in shares) | shares	52,818
Weighted Average Price
Unvested period start (in dollars per share) | $ / shares	$ 14.01
Restricted stock earned (in dollars per share) | $ / shares	10.65
Granted (in dollars per share) | $ / shares	18.01
Awards Forfeited (in dollars per share) | $ / shares	18.32
Unvested period end (in dollars per share) | $ / shares	$ 14.87

Guarantees (Details)

Guarantees (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Guarantees [Abstract]
Unused commitments to extend credit	$ 280	$ 245.8
Commercial and similar letters of credit	$ 4.6	$ 5.2

FHLB And Other Borrowings (Deta

FHLB And Other Borrowings (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
FHLB and other borrowings	$ 24,500,000	$ 25,800,000
Municipal deposit letters issued by FHLB	4,600,000	5,200,000
Federal Fund Borrowing Line | Atlantic Community Bankers Bank
Debt Instrument [Line Items]
Line of credit maximum borrowing capacity	10,000,000
Outstanding borrowings	0	0
Federal Home Loan Bank
Debt Instrument [Line Items]
Line of credit remaining borrowing capacity	37,000,000
Current collateral pledged	148,400,000
FHLB and other borrowings	$ 24,500,000	$ 25,800,000
FHLB advances weighted average interest rate	1.90%	1.87%
Municipal deposit letters issued by FHLB		$ 85,100,000
Unsecured Debt
Debt Instrument [Line Items]
Line of credit maximum borrowing capacity	$ 36,000,000
Outstanding borrowings	$ 0	$ 0

FHLB And Other Borrowings - Mat

FHLB And Other Borrowings - Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Fixed rate note amount	$ 24,500	$ 25,800
Fixed Rate Note, October 2018
Debt Instrument [Line Items]
Fixed rate note amount	$ 2,000	2,000
Fixed rate note interest rate	1.65%
Fixed rate note term	5 years
Fixed Rate Note, January 2018
Debt Instrument [Line Items]
Fixed rate note amount	$ 0	1,300
Fixed rate note interest rate	1.31%
Fixed rate note term	3 years
Fixed Rate Note, January 2019
Debt Instrument [Line Items]
Fixed rate note amount	$ 1,800	1,800
Fixed rate note interest rate	1.59%
Fixed rate note term	4 years
Fixed Rate Note, January 2020
Debt Instrument [Line Items]
Fixed rate note amount	$ 2,700	2,700
Fixed rate note interest rate	1.81%
Fixed rate note term	5 years
Fixed Rate Note, January 2021
Debt Instrument [Line Items]
Fixed rate note amount	$ 2,500	2,500
Fixed rate note interest rate	2.03%
Fixed rate note term	6 years
Fixed Rate Note, July 2019
Debt Instrument [Line Items]
Fixed rate note amount	$ 1,000	1,000
Fixed rate note interest rate	1.09%
Fixed rate note term	3 years
Fixed Rate Note, July 2021
Debt Instrument [Line Items]
Fixed rate note amount	$ 1,000	1,000
Fixed rate note interest rate	1.42%
Fixed rate note term	5 years
Fixed Rate Note, August 2022
Debt Instrument [Line Items]
Fixed rate note amount	$ 7,500	7,500
Fixed rate note interest rate	2.07%
Fixed rate note term	5 years
Fixed Rate Note, July 2023
Debt Instrument [Line Items]
Fixed rate note amount	$ 1,000	1,000
Fixed rate note interest rate	1.70%
Fixed rate note term	7 years
Fixed Rate Note 14, October 2021
Debt Instrument [Line Items]
Fixed rate note amount	$ 5,000	$ 5,000
Fixed rate note interest rate	2.16%
Fixed rate note term	4 years

Securities Sold Under Agreeme58

Securities Sold Under Agreements to Repurchase - Maturities of Repurchase Agreements (Details) - Securities Sold under Agreements to Repurchase - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Securities Pledged as Collateral
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	$ 27,373	$ 28,993
Gross amount of recognized liabilities for repurchase agreements and securities lending	18,472	27,120
Excess of collateral pledged over recognized liability	8,901	1,873
Securities Pledged as Collateral | Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	27,373	28,993
Securities Pledged as Collateral | Up to 30 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
Securities Pledged as Collateral | 30 to 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
Securities Pledged as Collateral | Over 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	7,287	9,995
U.S. Government agency securities | Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	7,287	9,995
U.S. Government agency securities | Up to 30 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government agency securities | 30 to 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government agency securities | Over 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	10,128	5,558
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	10,128	5,558
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Up to 30 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | 30 to 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Over 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government collateralized residential mortgage obligations
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	9,958	13,440
U.S. Government collateralized residential mortgage obligations | Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	9,958	13,440
U.S. Government collateralized residential mortgage obligations | Up to 30 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government collateralized residential mortgage obligations | 30 to 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	0	0
U.S. Government collateralized residential mortgage obligations | Over 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under repurchase agreements	$ 0	$ 0

Subordinated Debentures (Detail

Subordinated Debentures (Details) - USD ($) $ in Thousands	1 Months Ended
	Dec. 31, 2015	Mar. 31, 2018	Dec. 31, 2017
Subordinated Borrowing [Line Items]
Proceeds from issuance of subordinated long-term debt	$ 10,000
Subordinated borrowing, interest rate	6.25%
Subordinated debt		$ 9,896	$ 9,888
Subordinated Debt
Subordinated Borrowing [Line Items]
Unamortized debt issuance expense		$ 104	$ 112
Fixed rate note interest rate		6.67%
Subordinated Debt | London Interbank Offered Rate (LIBOR)
Subordinated Borrowing [Line Items]
Variable interest rate	4.64%

Fair Value Measurements - Asset

Fair Value Measurements - Assets Measured on a Recurring Basis (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 30,412,000	$ 28,684,000
Equity securities	2,423,000	2,448,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	30,412,000	28,684,000
Equity securities	2,423,000	2,448,000
Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Equity securities	2,423,000	2,448,000
Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	30,412,000	28,684,000
Equity securities	0	0
Fair Value, Measurements, Recurring | (Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Equity securities	0	0
U.S. Government agency securities | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	12,819,000	10,057,000
U.S. Government agency securities | Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
U.S. Government agency securities | Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	12,819,000	10,057,000
U.S. Government agency securities | Fair Value, Measurements, Recurring | (Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Municipal securities | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	493,000	495,000
Municipal securities | Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Municipal securities | Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	493,000	495,000
Municipal securities | Fair Value, Measurements, Recurring | (Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	7,632,000	8,219,000
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	7,632,000	8,219,000
U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities | Fair Value, Measurements, Recurring | (Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
U.S. Government collateralized residential mortgage obligations | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	7,036,000	7,482,000
U.S. Government collateralized residential mortgage obligations | Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
U.S. Government collateralized residential mortgage obligations | Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	7,036,000	7,482,000
U.S. Government collateralized residential mortgage obligations | Fair Value, Measurements, Recurring | (Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Corporate debt securities, primarily financial institutions | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,432,000	2,431,000
Corporate debt securities, primarily financial institutions | Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Corporate debt securities, primarily financial institutions | Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,432,000	2,431,000
Corporate debt securities, primarily financial institutions | Fair Value, Measurements, Recurring | (Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

Fair Value Measurements - Ass61

Fair Value Measurements - Assets Measured on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net of partial charge-offs	$ 0
Impaired loans, net of partial charge-offs		$ 116
(Level 1) Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net of partial charge-offs	0
Impaired loans, net of partial charge-offs		0
(Level 2) Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net of partial charge-offs	0
Impaired loans, net of partial charge-offs		0
(Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net of partial charge-offs	$ 0
Impaired loans, net of partial charge-offs		$ 116

Fair Value Measurements- Narrat

Fair Value Measurements- Narrative (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2018USD ($)loan	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized loss on sale of OREO		$ 17,000
Number of loans in foreclosure process | loan			1
Secured mortgage loan, real estate value			$ 490,000
Discounted cash flow analysis credit spread	2.13%		4.56%
(Level 3) Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Level 3 securities	$ 0		$ 0
Impaired Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liquidation expense	$ 0
Liquidation expenses			0.00%
Impaired Loan | Appraisal Values
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans which received a discount | loan	0		0
Real estate – residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	$ 0		$ 0

Fair Value Measurements - Estim

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Financial assets:
Securities available for sale	$ 30,412	$ 28,684
Securities held to maturity	57,616	58,549
Equity securities	2,423	2,448
Financial liabilities:
FHLB and other borrowings	24,500	25,800
Carrying Amount
Financial assets:
Cash and cash equivalents	28,595	48,219
Securities available for sale	30,412	28,684
Securities held to maturity	57,819	58,002
Equity securities	2,423
Restricted investments	5,597	5,430
Loans held for sale	1,834	2,581
Loans receivable, net (1)	861,365	840,206
Accrued interest receivable	2,492	2,554
Financial liabilities:
Deposits	870,904	861,557
Securities sold under agreements to repurchase	18,472	27,120
FHLB and other borrowings	24,500	25,800
Subordinated debt	9,896	9,888
Accrued interest payable	69	70
Estimated Fair Value
Financial assets:
Cash and cash equivalents	28,595	48,219
Securities available for sale	30,412	28,684
Securities held to maturity	57,616	58,549
Equity securities	2,423
Restricted investments	5,597	5,430
Loans held for sale	1,857	2,738
Loans receivable, net (1)	856,591	841,477
Accrued interest receivable	2,492	2,554
Financial liabilities:
Deposits	870,070	860,129
Securities sold under agreements to repurchase	18,472	27,120
FHLB and other borrowings	23,818	25,382
Subordinated debt	10,352	9,812
Accrued interest payable	69	70
Estimated Fair Value | (Level 1) Quoted Prices in Active Markets for Identical Assets
Financial assets:
Cash and cash equivalents	28,595	48,219
Securities available for sale	0	0
Securities held to maturity	0	0
Equity securities	2,423
Restricted investments	0	0
Loans held for sale	0	0
Loans receivable, net (1)	0	0
Accrued interest receivable	0	0
Financial liabilities:
Deposits	0	0
Securities sold under agreements to repurchase	0	0
FHLB and other borrowings	0	0
Subordinated debt	0	0
Accrued interest payable	0	0
Estimated Fair Value | (Level 2) Significant Other Observable Inputs
Financial assets:
Cash and cash equivalents	0	0
Securities available for sale	30,412	28,684
Securities held to maturity	57,616	58,549
Equity securities	0
Restricted investments	0	0
Loans held for sale	0	0
Loans receivable, net (1)	0	0
Accrued interest receivable	510	638
Financial liabilities:
Deposits	870,070	860,129
Securities sold under agreements to repurchase	18,472	27,120
FHLB and other borrowings	23,818	25,382
Subordinated debt	10,352	9,812
Accrued interest payable	69	70
Estimated Fair Value | (Level 3) Significant Unobservable Inputs
Financial assets:
Cash and cash equivalents	0	0
Securities available for sale	0	0
Securities held to maturity	0	0
Equity securities	0
Restricted investments	5,597	5,430
Loans held for sale	1,857	2,738
Loans receivable, net (1)	856,591	841,477
Accrued interest receivable	1,982	1,916
Financial liabilities:
Deposits	0	0
Securities sold under agreements to repurchase	0	0
FHLB and other borrowings	0	0
Subordinated debt	0	0
Accrued interest payable	$ 0	0
Equity securities | Carrying Amount
Financial assets:
Securities available for sale		2,448
Equity securities | Estimated Fair Value
Financial assets:
Securities available for sale		2,448
Equity securities | Estimated Fair Value | (Level 1) Quoted Prices in Active Markets for Identical Assets
Financial assets:
Securities available for sale		2,448
Equity securities | Estimated Fair Value | (Level 2) Significant Other Observable Inputs
Financial assets:
Securities available for sale		0
Equity securities | Estimated Fair Value | (Level 3) Significant Unobservable Inputs
Financial assets:
Securities available for sale		$ 0

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 14, 2017
Equity [Abstract]
Stock repurchase program authorized amount		$ 2,000,000
Common stock repurchased (in shares)	0

Subsequent Event (Details)

Subsequent Event (Details)	Apr. 18, 2018$ / shares
Subsequent Event
Subsequent Event [Line Items]
Cash dividends on common stock, per share (in dollars per share)	$ 0.045