First Priority Financial 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 09, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	FPBK
Entity Registrant Name	FIRST PRIORITY FINANCIAL CORP.
Entity Central Index Key	1,389,772
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		6,540,519

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 5,350	$ 2,790
Interest-bearing deposits in banks	39,256	1,971
Total cash and cash equivalents	44,606	4,761
Securities available for sale, at fair value (amortized cost: $36,684 and $70,635, respectively)	36,780	70,560
Securities held to maturity, at amortized cost (fair value: $19,495 and $19,584, respectively)	18,923	19,043
Loans receivable	487,781	488,243
Less: allowance for loan losses	3,332	3,330
Net loans	484,449	484,913
Restricted investments in bank stocks	3,505	3,257
Premises and equipment, net	1,701	1,755
Bank owned life insurance	3,273	3,256
Accrued interest receivable	1,760	1,817
Other real estate owned	662	1,486
Deferred taxes	2,302	2,697
Goodwill	2,725	2,725
Intangible assets with finite lives, net	217	235
Other assets	1,694	1,290
Total Assets	602,597	597,795
Deposits:
Non-interest bearing	61,294	54,817
Interest-bearing	406,677	412,871
Total deposits	467,971	467,688
Federal home Loan Bank of Pittsburgh advances	74,364	68,164
Subordinated debt	9,213	9,207
Accrued interest payable	594	510
Other liabilities	1,539	4,180
Total Liabilities	553,681	549,749
Shareholders’ Equity:
Common stock, $1 par value; authorized 20,000,000 shares issued and outstanding: 2017: 6,540,919; 2016: 6,529,719	6,541	6,530
Surplus	40,673	40,629
Accumulated deficit	(1,770)	(2,475)
Accumulated other comprehensive income (loss)	68	(42)
Total Shareholders’ Equity	48,916	48,046
Total Liabilities and Shareholders’ Equity	602,597	597,795
Series C Preferred Stock [Member]
Shareholders’ Equity:
Preferred stock, value	$ 3,404	$ 3,404

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Securities available for sale, amortized cost	$ 36,684	$ 70,635
Securities held to maturity, fair value	$ 19,495	$ 19,584
Preferred stock, dividend rate	9.00%	9.00%
Preferred stock, shares outstanding	3,404	3,404
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	6,540,919	6,529,719
Common stock, shares outstanding	6,540,919	6,529,719
Series C Preferred Stock [Member]
Preferred stock, par value	$ 100	$ 100
Preferred stock, authorized shares	10,000,000	10,000,000
Preferred stock, dividend rate	9.00%	9.00%
Preferred stock, liquidation value per share	$ 1,000	$ 1,000
Preferred stock, shares issued	3,404	3,404
Preferred stock, shares outstanding	3,404	3,404
Preferred stock, total liquidation value	$ 3,404	$ 3,404

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest and Dividend Income
Loans receivable, including fees	$ 5,293	$ 4,560
Securities—taxable	268	301
Securities—exempt from federal taxes	137	147
Interest bearing deposits and other	42	28
Total Interest and Dividend Income	5,740	5,036
Interest Expense
Deposits	1,000	848
Short-term borrowings	58	25
Long-term debt	35	41
Subordinated debt	172	172
Total Interest Expense	1,265	1,086
Net Interest Income	4,475	3,950
Provision for Loan Losses	10	110
Net Interest Income after Provision for Loan Losses	4,465	3,840
Non-Interest Income
Wealth management fee income	39	69
Gains on sales of investment securities	25	235
Bank owned life insurance income	18	20
Other	96	85
Total Non-Interest Income	178	409
Non-Interest Expenses
Salaries and employee benefits	2,026	1,981
Occupancy and equipment	455	543
Data processing equipment and operations	228	217
Professional fees	172	136
Marketing, advertising, and business development	40	44
FDIC insurance assessments	146	57
Pennsylvania bank shares tax expense	90	83
Other real estate owned	32	85
Other	309	331
Total Non-Interest Expenses	3,498	3,477
Income before Income Tax Expense	1,145	772
Income Tax Expense	363	241
Net Income	782	531
Preferred dividends	77	177
Income to Common Shareholders	$ 705	$ 354
Income per common share:
Basic	$ 0.11	$ 0.05
Diluted	$ 0.11	$ 0.05
Weighted average common shares outstanding:
Basic	6,534	6,496
Diluted	6,705	6,529

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 782	$ 531
Securities available for sale:
Change in unrealized gain on securities available for sale	196	535
Reclassification adjustment for realized gains included in net income	(25)	(235)
Tax effect	(58)	(102)
Net unrealized gain arising during the period	113	198
Net unrealized holding losses on securities transferred between available for sale and held to maturity:
Amortization of net unrealized holding losses to income during the period	(5)	(15)
Tax effect	2	5
Net unrealized holding losses on securities transferred during the period	(3)	(10)
Total other comprehensive income	110	188
Total comprehensive income	$ 892	$ 719

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Surplus [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning balance at Dec. 31, 2015	$ 52,091	$ 9,404	$ 6,492	$ 40,327	$ (4,368)	$ 236
Preferred stock dividends	(177)				(177)
Redemption of preferred stock	(6,000)	(6,000)
Issuance of restricted common stock, net of forfeitures			9	(9)
Net income	531				531
Other comprehensive income	188					188
Stock based compensation expense	93			93
Ending balance at Mar. 31, 2016	46,726	3,404	6,501	40,411	(4,014)	424
Beginning balance at Dec. 31, 2016	48,046	3,404	6,530	40,629	(2,475)	(42)
Preferred stock dividends	(77)				(77)
Issuance of restricted common stock, net of forfeitures			11	(11)
Net income	782				782
Other comprehensive income	110					110
Stock based compensation expense	55			55
Ending balance at Mar. 31, 2017	$ 48,916	$ 3,404	$ 6,541	$ 40,673	$ (1,770)	$ 68

Consolidated Statements of Sha7

Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Stockholders Equity [Abstract]
Issuance of restricted common stock net of forfeitures, shares	11,200	9,150

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows from Operating Activities
Net income	$ 782	$ 531
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Provision for loan losses	10	110
Write down of other real estate owned	11
Depreciation and amortization of premises and equipment	69	84
Net amortization	97	45
Stock based compensation expense	55	93
Net amortization of investment securities premiums and discounts	34	47
Net gain on sale of investment securities	(25)	(235)
Net gain on sale of other real estate owned	(47)
Net loss on disposal of premises and equipment	1	28
Bank owned life insurance policy income	(18)	(20)
Deferred income tax expense	338	206
Decrease in accrued interest receivable	57	68
Increase in other assets	(404)	(6)
Decrease in accrued interest payable	84	46
Decrease in other liabilities	(2,641)	(370)
Net Cash (Used in) Provided by Operating Activities	(1,597)	627
Cash Flows from Investing Activities
Net repayments in loans	376	136
Purchases of securities available for sale	(7,176)
Proceeds from maturities or calls of securities available for sale	40,703	51,781
Proceeds from maturities or calls of securities held to maturity	95	410
Proceeds from the sale of securities available for sale	436	4,063
Proceeds from the sale of other real estate owned	860
Purchases of premises and equipment	(16)	(26)
(Purchase) Redemption of restricted stock	(248)	1,121
Net Cash Provided by Investing Activities	35,030	57,485
Cash Flows from Financing Activities
Net increase in deposits	289	727
Net (decrease) increase in short-term borrowings	6,200	(29,850)
Redemption of preferred stock		(6,000)
Payments regarding subordinance debt issuance costs		(16)
Cash dividends paid on preferred stock	(77)	(196)
Net Cash Provided by (Used in) Financing Activities	6,412	(35,335)
Net Increase in Cash and Cash Equivalents	39,845	22,777
Cash and Cash Equivalents—Beginning	4,761	5,909
Cash and Cash Equivalents—Ending	44,606	28,686
Supplementary Disclosures of Cash Flows Information
Trade date accounting for investment securities purchases	321
Transfer of loans receivable to other real estate owned		342
Cash paid for interest on deposits and borrowings	1,187	1,072
Cash paid for income taxes	$ 25	$ 35

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1—Summary of Significant Accounting Policies Organization and Nature of Operations First Priority Financial Corp. First Priority Financial Corp. (“First Priority,” the “Company”) is a bank holding company incorporated under the laws of the Commonwealth of Pennsylvania on February 13, 2007. On May 11, 2007, as a result of a reorganization and merger, First Priority Bank (the “Bank”) became a wholly-owned subsidiary of First Priority. First Priority, primarily through the Bank, serves residents and businesses in the Delaware Valley with branches in Berks, Bucks, Chester and Montgomery counties in Pennsylvania. The Bank, is headquartered in Malvern, PA, has seven retail branch office locations and one loan production office and is a locally managed community bank providing commercial banking products, primarily loans and deposits. First Priority provides banking services through the Bank and does not engage in any activities other than banking and related activities. As of March 31, 2017, First Priority had total assets of $602.6 million and total shareholders’ equity of $48.9 million. First Priority Bank The Bank is a state-chartered commercial banking institution which was incorporated under the laws of the Commonwealth of Pennsylvania on May 25, 2005. The Bank’s deposits are insured by the FDIC up to the maximum amount permitted for all banks. The Bank engages in a full service commercial and consumer banking business with strong private banking and individual wealth management services. The Bank offers a variety of consumer, private banking and commercial loans, mortgage products and commercial real estate financing. The Company’s operations are significantly affected by prevailing economic conditions, competition, and the monetary, fiscal, and regulatory policies of governmental agencies. Lending activities are influenced by a number of factors, including the general credit needs of individuals and small and medium-sized businesses in the Company’s market area, competition, the current regulatory environment, the level of interest rates, and the availability of funds. Deposit flows and costs of funds are influenced by prevailing market rates of interest, competition, account maturities, and the level of personal income and savings in the market area. The Bank also offers certain financial planning and investment management services. These investment services are provided by First Priority Financial Services, a Division of First Priority Bank, through third party providers. In addition, the Bank has entered into solicitation agreements with several investment advisors to provide portfolio management services to customers of the Bank. The Bank currently seeks deposits and commercial and private banking relationships through its banking offices. The Bank provides deposit products that include checking, money market and savings accounts, and certificates of deposit as well as other deposit services, including cash management, electronic banking and mobile products as well as online account opening capabilities. The Bank obtains funding in the local community by providing excellent service and competitive rates to its customers and utilizes various advertising to attract current and potential deposit customers. The Bank also uses brokered certificates of deposit as a cost effective funding alternative. Basis of Presentation The accompanying unaudited consolidated financial statements consist of the Company and the Company’s wholly owned consolidated subsidiary, the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. These statements are prepared in accordance with instructions to Form 10-Q, and therefore, do not include information or all footnotes necessary for a complete presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States (“GAAP”). However, all normal recurring adjustments that, in the opinion of management, are necessary for a fair presentation of these financial statements have been included. These financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto for First Priority Financial Corp. for the year ended December 31, 2016, included in the Company’s Form 10-K filed with the Securities and Exchange Commission on March 23, 2017. The results of interim periods presented are not necessarily indicative of the results that may be expected for the year ending December 31, 2017. Subsequent Events Management has evaluated events and transactions occurring subsequent to March 31, 2017 for items that should potentially be recognized or disclosed in these Consolidated Financial Statements. The evaluation was conducted through the date these financial statements were issued. Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, stock-based compensation, impairment of goodwill, impairment of investments, the valuation of deferred tax assets and the valuation of other real estate owned. Acquired Loans Loans acquired as part of a full bank acquisition are initially recorded at their acquisition date fair values. The carryover of allowance for loan losses is prohibited as any credit losses in the loans are included in the determination of the fair value of the loans at the acquisition date. Fair values for acquired loans are based on a discounted cash flow methodology that involves assumptions and judgments as to credit risk, prepayment risk, liquidity risk, default rates, loss severity, payment speeds, collateral values and discount rate. Acquired loans that have evidence of deterioration in credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all contractually required payments are accounted for as impaired loans under ASC 310-30. The excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable discount and is recognized into interest income over the remaining life of the loans. The difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition is referred to as the non-accretable discount. The non-accretable discount represents estimated future credit losses expected to be incurred over the life of the loan. Subsequent decreases to the expected cash flows require the Company to evaluate the need for an allowance for loan losses on these loans. Subsequent improvements in expected cash flows result in the reversal of a corresponding amount of the non-accretable discount which the Company then reclassifies as an accretable discount that is recognized into interest income over the remaining life of the loans using the interest method. As of March 31, 2017 there were three remaining acquired purchased credit impaired loans with a net recorded balance of $214 thousand, after a non-accretable credit discount of $362 thousand. Acquired loans that met the criteria for non-accrual of interest prior to acquisition may be considered performing upon acquisition, or in the future, regardless of whether the customer is contractually delinquent, if the Company can reasonably estimate the timing and amount of the expected cash flows on such loans and if the Company expects to fully collect the new carrying value of the loans. As such, the Company may no longer consider the loan to be non-accrual or non-performing and may accrue interest on these loans, including the impact of any accretable discount. For acquired loans that are not deemed impaired at acquisition, credit discounts representing the principal losses expected over the life of the loan are a component of the initial fair value and amortized over the life of the asset. Subsequent to the acquisition date, the methods utilized to estimate the required allowance for loan losses for these loans is similar to originated loans, however, the Company records a provision for loan losses only when the required allowance exceeds any remaining pooled discounts for loans evaluated collectively for impairment. As of March 31, 2017, the net recorded balance of acquired loans resulting from the Affinity merger totaled $14.2 million. The Company also purchased portfolios of performing residential mortgage loans in 2014 through 2016, all of which and were underwritten using similar underwriting standards as it uses for its organic portfolio. In August 2016, the Company purchased performing commercial loans from within the Bank’s market area. All acquisition premiums from the purchased loans will be recognized into interest income over the remaining life of the loans. Allowance for Loan Losses 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, totaling $35 thousand as of both March 31, 2017 and December 31, 2016, represents management’s estimate of losses inherent in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheets. 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 uncollectible 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. Because all identified losses are immediately charged off, no portion of the allowance for loan losses is restricted to any individual loan or groups of loans, and the entire allowance is available to absorb any and all loan losses. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly 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. The specific component relates to loans that are classified as impaired. 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 that loan. The general component covers pools of loans by loan class including commercial loans not considered impaired, as well as smaller balance homogeneous loans, such as residential real estate, home equity and other consumer loans. 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. Lending policies and procedures, including underwriting standards and collection, charge-off, and recovery practices. 2. National, regional, and local economic and business conditions as well as the condition of various market segments, including the value of underlying collateral for collateral dependent loans. 3. Nature and volume of the portfolio and terms of loans. 4. Management team with experience, depth, and knowledge in banking and in many areas of lending. Each contributes to the sound credit culture and control within the Company. 5. Volume and severity of past due, classified and nonaccrual loans as well as other loan modifications. 6. The Company engages a third party to perform an independent review of the loan portfolio as a measure for quality and consistency in credit evaluation and credit decisions. 7. Existence and effect of any concentrations of credit and changes in the level of such concentrations. 8. Effect of external factors, such as competition and legal and regulatory requirements. Each factor is assigned a value to reflect improving, stable or declining conditions based on management’s best judgment using relevant information available at the time of the evaluation. Adjustments to the factors are supported through documentation of changes in conditions in a narrative accompanying the allowance for loan loss calculation. A majority of the Company’s loans are to business owners of many types. The Company makes commercial loans for real estate development and other business purposes required by our customers. The Company’s credit policies determine advance rates against the different forms of collateral that can be pledged against commercial loans. Typically, the majority of loans will be limited to a percentage of their underlying collateral values such as real estate values, equipment, eligible accounts receivable and inventory. Individual loan advance rates may be higher or lower depending upon the financial strength of the borrower and/or term of the loan. The assets financed through commercial loans are used within the business for its ongoing operation. Repayment of these kinds of loans generally comes from the cash flow of the business or the ongoing conversions of assets. Commercial real estate loans include long-term loans financing commercial properties. Repayment of this kind of loan is dependent upon either the ongoing cash flow of the borrowing entity or the resale of or lease of the subject property. Commercial real estate loans typically require a loan to value ratio of not greater than 80% and vary in terms. Residential mortgages and home equity loans are secured by the borrower’s residential real estate in either a first or second lien position. Residential mortgages and home equity loans have varying loan rates depending on the financial condition of the borrower and the loan to value ratio. Residential mortgages have amortizations up to 30 years and home equity loans have maturities of no more than 15 years. Residential mortgages and home equity loans typically require a loan to value ratio of not greater than 80%. Other consumer loans include installment loans, car loans, and overdraft lines of credit. The majority of these loans are secured. 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, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not 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 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 may be 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 and industrial 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 criticized 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 characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the allowance for loan losses. Loans not classified are rated pass. In addition, Federal 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. Comprehensive Income Accounting principles generally accepted in the United States of America require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities are reported as a separate component of the shareholders’ equity section of the balance sheet, such items, along with net income, are components of total comprehensive income. Total reclassifications from accumulated other comprehensive income for the periods presented are as follows: Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement where Net Income is Presented For the three months ended March 31, 2017 2016 (Dollars in thousands) Sale of investment securities available for sale $ (25 ) $ (235 ) Gains on sale of investment securities Amortization of unrealized holding losses on securities transferred from available for sale to held to maturity (5 ) (15 ) Interest and Dividend Income on taxable securities Tax effect 10 85 Income Tax Expense Total reclassification $ (20 ) $ (165 ) Accumulated other comprehensive income as of March 31, 2017 and December 31, 2016 consisted of the following: March 31 December 31, 2017 2016 (Dollars in thousands) Net unrealized gain (losses) on available for sale securities $ 64 $ (50 ) Net unrealized holding gains on securities transferred from available for sale to held to maturity 4 8 Total $ 68 $ (42 )

Recently Issued Accounting Stan

Recently Issued Accounting Standards	3 Months Ended
	Mar. 31, 2017
Accounting Changes And Error Corrections [Abstract]
Recently Issued Accounting Standards	Note 2—Recently Issued Accounting Standards In May 2014, the FASB issued ASU 2014-09, deferred by ASU 2015-14, Revenue from Contracts with Customers (Topic 606). The amendments in this Update establish a comprehensive revenue recognition standard for virtually all industries under U.S. GAAP, including those that previously followed industry specific guidance such as the real estate, construction and software industries. The revenue standard’s core principle is built on the contract between a vendor and a customer for the provision of goods and services. It attempts to depict the exchange of rights and obligations between the parties in the pattern of revenue recognition based on the consideration to which the vendor is entitled. To accomplish this objective, the standard requires five basic steps: i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The amendments are effective for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. Management does not believe the adoption of ASU 2014-09 will have a significant impact on the Company’s Consolidated Financial Statements but will continue to evaluate. In January 2016, the FASB issued Accounting Standards Update 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). ASU 2016-01 changes current U.S. GAAP for public entities by requiring the following, among others: (1) equity securities, except those accounted for under the equity method of accounting, to be measured at fair value with changes in fair value recognized in net income; (2) the use of the exit price when measuring fair value of financial instruments for disclosure purposes; (3) 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; and (4) separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or notes to the financial statements. ASU 2016-01 is effective for annual periods beginning after December 15, 2017, including interim periods. Early application is permitted. The Company is currently assessing the impact the adoption of ASU 2016-01 will have on future financial statements and disclosures. In February 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-02, Leases. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326).” The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods therein. Early adoption is permitted. The Company is evaluating the impact of this ASU on its consolidated financial statements and disclosures. In August 2016, the FASB issued ASU 2016-15, “Classification of Certain Cash Receipts and Cash Payments.” This ASU clarifies how certain cash receipts and cash payments are presented in the statement of cash flows. This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. For public business entities this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is evaluating the impact of this ASU on its consolidated financial statements and disclosures. In January 2017, the FASB issued ASU 2017-04, “Intangibles ─ Goodwill and Other (Topic 350).” This update intends to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this Update modify the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. For public business entities this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, and interim periods therein. Early adoption is permitted. The Company does not expect the implementation of this standard to have a material impact on its consolidated statement of operations. In March 2017, the FASB issued ASU 2017-08, Premium Amortization on Purchased Callable Debt Securities, which amends the amortization period for certain purchased callable debt securities held at a premium, shortening such period to the earliest call date. The ASU is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. For all other entities, the ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Earlier application is permitted for all entities, including adoption in an interim period. If an entity early adopts the ASU in an interim period, any adjustments must be reflected as of the beginning of the fiscal year that includes that interim period. The Company does not expect the implementation of this standard to have a material impact on its consolidated statement of operations.

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Common Share	Note 3—Earnings Per Common Share Diluted earnings per common share take into account the potential dilution that could occur if securities or other contracts to issue common stock are exercised and converted into common stock. Proceeds assumed to have been received on such exercise or conversion, are assumed to be used to purchase shares of the Company’s common stock at the average market price during the period, as required by the “treasury stock method” of accounting for common stock equivalents. For purposes of calculating the basic and diluted earnings per share, the Company’s reported net income is adjusted for dividends on preferred stock to determine the net income to common shareholders. Securities that could potentially dilute basic earnings per common share in future periods that were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive amounted to 161,529 shares as of March 31, 2017 and 463,560 shares as of March 31, 2016. The calculations of basic and diluted earnings per common share are presented below for the three months ended March 31, 2017 and 2016: For the three months ended March 31, (In thousands, except per share information) 2017 2016 Net income $ 782 $ 531 Less: preferred stock dividends (77 ) (177 ) Income to common shareholders $ 705 $ 354 Average basic common shares outstanding 6,534 6,496 Effect of dilutive stock options 171 33 Average number of common shares used to calculate diluted earnings per common share 6,705 6,529 Basic earnings per common share $ 0.11 $ 0.05 Diluted earnings per common share $ 0.11 $ 0.05 The amount of preferred stock dividends related to each series of preferred stock are presented below for the three months ended March 31, 2017 and 2016: For the three months ended March 31, 2017 2016 (Dollars in thousands) Preferred dividends: Preferred Series A $ — $ 77 Preferred Series B — 4 Preferred Series C 77 96 Total preferred dividends $ 77 $ 177

Securities

Securities	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Securities	Note 4—Securities Management determines the appropriate classification of debt securities at the time of purchase and re-evaluates such designation as of each balance sheet date. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time, but not necessarily to maturity. Available for sale securities are carried at fair value. Securities classified as held to maturity are those debt securities the Company has both the intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or changes in general economic conditions. These securities are carried at cost adjusted for the amortization of premium and accretion of discount, computed by a method which approximates the interest method over the terms of the securities. The Company previously transferred investment securities from available for sale to held to maturity securities. Due to these transfers, securities classified as held to maturity have net unrealized holding gains, before taxes, totaling $7 thousand as of March 31, 2017 and $12 thousand as of December 31, 2016, which are being amortized over the remaining life of the related securities as an adjustment of yield in a manner consistent with the accretion of discount on the same transferred debt securities. This will have no impact on the Company’s net income because the amortization of the unrealized holding loss reported in equity will offset the effect on the interest income of the accretion of the discount on these securities. The amortized cost, unrealized gains and losses, and the fair value of the Company’s investment securities available for sale and held to maturity are as follows for the periods presented: March 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (Dollars in thousands) Available For Sale: Obligations of U.S. government agencies and corporations $ 5,987 $ 5 $ (7 ) $ 5,985 Obligations of states and political subdivisions 10,330 117 (14 ) 10,433 Federal agency mortgage-backed securities 18,146 52 (122 ) 18,076 Federal agency collateralized mortgage obligations 162 — (1 ) 161 Other debt securities 1,500 66 — 1,566 Money market mutual fund 559 — — 559 Total investment securities available for sale $ 36,684 $ 240 $ (144 ) $ 36,780 Held To Maturity: Obligations of states and political subdivisions $ 18,441 $ 587 $ (43 ) $ 18,985 Other debt securities 482 28 — 510 Total investment securities held to maturity $ 18,923 $ 615 $ (43 ) $ 19,495 December 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (Dollars in thousands) Available For Sale: Obligations of U.S. government agencies and corporations $ 45,984 $ 8 $ (5 ) $ 45,987 Obligations of states and political subdivisions 6,103 46 (10 ) 6,139 Federal agency mortgage-backed securities 13,863 33 (176 ) 13,720 Federal agency collateralized mortgage obligations 190 — (1 ) 189 Other debt securities 1,500 30 — 1,530 Money market mutual fund 2,995 — — 2,995 Total investment securities available for sale $ 70,635 $ 117 $ (192 ) $ 70,560 Held To Maturity: Obligations of states and political subdivisions $ 18,561 $ 561 $ (33 ) $ 19,089 Other debt securities 482 13 - 495 Total investment securities held to maturity $ 19,043 $ 574 $ (33 ) $ 19,584 Included in unrealized losses are market losses on securities that have been in a continuous unrealized loss position for twelve months or more and those securities that have been in a continuous unrealized loss position for less than twelve months. The table below details the aggregate unrealized losses and aggregate fair value of the underlying securities whose fair values are below their amortized cost at March 31, 2017 and December 31, 2016. As of March 31, 2017 Less than 12 Months 12 Months or longer Total Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count (Dollars in thousands) Available for Sale: Obligations of U.S. government agencies and corporations $ 3,984 $ (7 ) 4 $ — $ — — $ 3,984 $ (7 ) 4 Obligations of states and political subdivisions 933 (6 ) 2 868 (8 ) 1 1,801 (14 ) 3 Federal agency mortgage-backed securities 13,037 (121 ) 9 39 (1 ) 1 13,076 (122 ) 10 Federal agency collateralized mortgage obligations 161 (1 ) 2 — — — 161 (1 ) 2 Total Available for Sale $ 18,115 $ (135 ) 17 $ 907 $ (9 ) 2 $ 19,022 $ (144 ) 19 Held to Maturity: Obligations of states and political subdivisions $ 2,494 $ (43 ) 7 $ — $ — — $ 2,494 $ (43 ) 7 Total Held to Maturity $ 2,494 $ (43 ) 7 $ — $ — — $ 2,494 $ (43 ) 7 As of December 31, 2016 Less than 12 Months 12 Months or longer Total Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count (Dollars in thousands) Available for Sale: Obligations of U.S. government agencies and corporations $ 3,984 $ (5 ) 4 $ — $ — — $ 3,984 $ (5 ) 4 Obligations of states and political subdivisions — — — 872 (10 ) 1 872 (10 ) 1 Federal agency mortgage-backed securities 10,667 (175 ) 11 39 (1 ) 1 10,706 (176 ) 12 Federal agency collateralized mortgage obligations 159 (1 ) 1 — — — 159 (1 ) 1 Total Available for Sale $ 14,810 $ (181 ) 16 $ 911 $ (11 ) 2 $ 15,721 $ (192 ) 18 Held to Maturity: Obligations of states and political subdivisions $ 2,289 $ (33 ) 7 $ — $ — — $ 2,289 $ (33 ) 7 Total Held to Maturity $ 2,289 $ (33 ) 7 $ — $ — — $ 2,289 $ (33 ) 7 As of March 31, 2017, management believes that the estimated fair value of the securities disclosed above is primarily dependent upon the movement in market interest rates, particularly given the minimal inherent credit risk associated with the issuers of these securities and that the unrealized losses in these portfolios are not the result of deteriorating credit within any investment category. Securities issued by states and political subdivisions are all rated investment grade. Each holding is reviewed quarterly for impairment by management and our third party investment advisor. All mortgage backed securities and collateralized mortgage obligations are issued by U.S. government sponsored agencies; there are no holdings of private label mortgage backed securities or securities backed by loans classified as “Alt-A” or “Subprime”. Although the fair value will fluctuate as market interest rates move, management believes that these fair values will recover as the underlying portfolios mature. The Company evaluates a variety of factors in concluding whether securities are other-than-temporarily impaired. These factors include, but are not limited to, the type and purpose of the bond, the underlying rating of the bond issuer, and the presence of credit enhancements (i.e. state guarantees, municipal bond insurance, collateral requirements, etc.). The Company does not intend to sell any of these securities and it is unlikely that it will be required to sell any of these securities before recovery. Management does not believe any individual unrealized loss on individual securities, as of March 31, 2017 represents other than temporary impairment. For the three months ended March 31, 2017 there were realized gains of $25 thousand. For the three months ended March 31, 2016 there were realized gains of $235 thousand. Securities totaling $52.8 million and $42.0 million were pledged at March 31, 2017 and December 31, 2016, respectively, to secure public fund deposits. In addition, securities pledged to secure borrowings by the Bank totaled $40 thousand at both March 31, 2017 and December 31, 2016, respectively. The amortized cost and fair value of securities as of March 31, 2017 by contractual maturity are shown below. Certain of these investment securities have call features which allow the issuer to call the security prior to its maturity date at the issuer’s discretion. March 31, 2017 March 31, 2017 Available for Sale Securities Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value (Dollars in thousands) Due within one year $ — $ — $ — $ — Due after one year through five years 6,863 6,853 705 699 Due after five years through ten years 1,500 1,566 1,076 1,099 Due after ten years 9,454 9,565 17,142 17,697 17,817 17,984 18,923 19,495 Federal agency collateralized mortgage obligations 162 161 — — Federal agency mortgage-backed securities 18,146 18,076 — — Money market mutual fund 559 559 — — Total $ 36,684 $ 36,780 $ 18,923 $ 19,495

Loans Receivable and Related Al

Loans Receivable and Related Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loans Receivable and Related Allowance for Loan Losses	Note 5—Loans Receivable and Related Allowance for Loan Losses Loans receivable consist of the following at March 31, 2017 and December 31, 2016. March 31, December 31, 2017 2016 (Dollars in thousands) Commercial: Commercial and industrial $ 90,986 $ 89,625 Commercial mortgage 225,663 223,315 Commercial construction 23,913 22,408 Total commercial 340,562 335,348 Residential mortgage loans 111,014 110,538 Consumer: Home equity lines of credit 21,740 24,669 Other consumer loans 14,398 17,514 Total consumer 36,138 42,183 Total loans 487,714 488,069 Allowance for loan losses (3,332 ) (3,330 ) Net deferred loan cost 67 174 Total loans receivable, net $ 484,449 $ 484,913 In August, 2016, the Company increased its loans outstanding through the acquisition of $64.6 million, including acquisition premiums of $197 thousand, of various types of performing commercial loans within the Bank’s market area. Additionally, in June, 2016, the Company purchased $12.7 million, including acquisition premiums of $280 thousand, of performing residential real estate loans; all of which were underwritten using similar standards as the Bank uses for its organic portfolio. The following tables summarize the activity in the allowance for loan losses by loan class for the three months ended March 31, 2017 and 2016: For the three months ended March 31, 2017 Allowance for Loan Losses (Dollars in thousands) Beginning Balance Charge-offs Recoveries Provision for loan losses Ending Balance Commercial and industrial $ 647 $ — $ — $ 11 $ 658 Commercial mortgage 1,051 — — 57 1,108 Commercial construction 113 — — 12 125 Residential mortgage loans 452 — — (2 ) 450 Home equity lines of credit 188 — — (23 ) 165 Other consumer loans 97 (24 ) 16 — 89 Unallocated 782 — — (45 ) 737 Total loans $ 3,330 $ (24 ) $ 16 $ 10 $ 3,332 For the three months ended March 31, 2016 Allowance for Loan Losses (Dollars in thousands) Beginning Balance Charge-offs Recoveries Provision for loan losses Ending Balance Commercial and industrial $ 631 $ — $ 17 $ 24 $ 672 Commercial mortgage 831 (72 ) — 60 819 Commercial construction 56 — — 11 67 Residential mortgage loans 259 — — (11 ) 248 Home equity lines of credit 167 — 5 (18 ) 154 Other consumer loans 84 (75 ) 3 47 59 Unallocated 767 — — (3 ) 764 Total loans $ 2,795 $ (147 ) $ 25 $ 110 $ 2,783 The following tables present the balance in the allowance for loan losses at March 31, 2017 and December 31, 2016 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: March 31, 2017 Allowance for Loan Losses Loans Receivable (Dollars in thousands) Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Commercial and industrial $ 658 $ — $ 658 $ 90,986 $ 701 $ 90,285 Commercial mortgage 1,108 — 1,108 225,663 6 225,657 Commercial construction 125 — 125 23,913 — 23,913 Residential mortgage loans 450 47 403 111,014 637 110,377 Home equity lines of credit 165 — 165 21,740 — 21,740 Other consumer loans 89 — 89 14,398 4 14,394 Unallocated 737 — 737 — — — Total loans $ 3,332 $ 47 $ 3,285 $ 487,714 $ 1,348 $ 486,366 December 31, 2016 Allowance for Loan Losses Loans Receivable (Dollars in thousands) Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Commercial and industrial $ 647 $ — $ 647 $ 89,625 $ 705 $ 88,920 Commercial mortgage 1,051 — 1,051 223,315 6 223,309 Commercial construction 113 — 113 22,408 — 22,408 Residential mortgage loans 452 47 405 110,538 637 109,901 Home equity lines of credit 188 — 188 24,669 14 24,655 Other consumer loans 97 — 97 17,514 51 17,463 Unallocated 782 — 782 — — — Total loans $ 3,330 $ 47 $ 3,283 $ 488,069 $ 1,413 $ 486,656 The following tables summarize information in regard to impaired loans by loan portfolio class as of March 31, 2017 and December 31, 2016 as well as for the three month periods ended March 31, 2017 and 2016, respectively: March 31, 2017 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (Dollars in thousands) With no related allowance recorded: Commercial and industrial $ 701 $ 1,267 $ — $ 705 $ 1,268 $ — Commercial mortgage 6 57 — 6 57 — Commercial construction — — — — — — Residential mortgage loans — — — — — — Home equity lines of credit — — — 14 16 — Other consumer loans 4 4 — 51 80 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — $ — Commercial mortgage — — — — — — Commercial construction — — — — — — Residential mortgage loans 637 637 47 637 637 47 Home equity lines of credit — — — — — — Other consumer loans — — — — — — Total: Commercial and industrial $ 701 $ 1,267 $ — $ 705 $ 1,268 $ — Commercial mortgage 6 57 — 6 57 — Commercial construction — — — — — — Residential mortgage loans 637 637 47 637 637 47 Home equity lines of credit — — — 14 16 — Other consumer loans 4 4 — 51 80 — Total $ 1,348 $ 1,965 $ 47 $ 1,413 $ 2,058 $ 47 Three months ended March 31, 2017 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (Dollars in thousands) With no related allowance recorded: Commercial and industrial $ 703 $ — $ 975 $ — Commercial mortgage 6 — 1,447 14 Commercial construction — — — — Residential mortgage loans — — 31 — Home equity lines of credit — — 96 1 Other consumer loans 4 — 181 2 With an allowance recorded: Commercial and industrial $ — $ — $ 1,103 $ 2 Commercial mortgage — — 514 3 Commercial construction — — — — Residential mortgage loans 637 6 637 6 Home equity lines of credit — — — — Other consumer loans — — — — Total: Commercial and industrial $ 703 $ — $ 2,078 $ 2 Commercial mortgage 6 — 1,961 17 Commercial construction — — — — Residential mortgage loans 637 6 668 6 Home equity lines of credit — — 96 1 Other consumer loans 4 — 181 2 Total $ 1,350 $ 6 $ 4,984 $ 28 The following table presents non-accrual loans by classes of the loan portfolio as of March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 (Dollars in thousands) Commercial and industrial $ 701 $ 705 Commercial mortgage 6 6 Home equity lines of credit — 14 Other consumer loans 4 51 Total loans $ 711 $ 776 The Company’s policy for interest income recognition on non-accrual loans is to recognize income under the cash basis when the loans are both current and the collateral on the loan is sufficient to cover the outstanding obligation to the Company. The Company will not recognize income if these factors do not exist. Interest that would have been accrued on non-accruing loans under the original terms but was not recognized as interest income totaled $19 thousand and $32 thousand for the three months ended March 31, 2017 and 2016, respectively. 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, 2017 and December 31, 2016: March 31, 2017 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Commercial: Commercial and industrial $ 89,872 $ — $ 1,114 $ — $ 90,986 Commercial mortgage 224,026 — 1,637 — 225,663 Commercial construction 23,913 — — — 23,913 Residential mortgage loans 111,014 — — — 111,014 Consumer: Home equity lines of credit 21,740 — — — 21,740 Other consumer loans 14,394 — 4 — 14,398 Total $ 484,959 $ — $ 2,755 $ — $ 487,714 December 31, 2016 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Commercial: Commercial and industrial $ 88,503 $ — $ 1,122 $ — $ 89,625 Commercial mortgage 221,544 — 1,771 — 223,315 Commercial construction 22,408 — — — 22,408 Residential mortgage loans 110,538 — — — 110,538 Consumer: Home equity lines of credit 24,655 — 14 — 24,669 Other consumer loans 17,463 — 51 — 17,514 Total $ 485,111 $ - $ 2,958 $ — $ 488,069 The performance and credit quality of the loan portfolio is also 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, 2017 and December 31, 2016: March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Loans Receivable (Dollars in thousands) Commercial: Commercial and industrial $ 58 $ 41 $ 632 $ 731 $ 90,255 $ 90,986 Commercial mortgage — — 6 6 225,657 225,663 Commercial construction — — — — 23,913 23,913 Residential mortgage loans — 366 — 366 110,648 111,014 Consumer: — Home equity lines of credit — — — — 21,740 21,740 Other consumer loans 13 — 4 17 14,381 14,398 Total $ 71 $ 407 $ 642 $ 1,120 $ 486,594 $ 487,714 December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Loans Receivable (Dollars in thousands) Commercial: Commercial and industrial $ 293 $ 60 $ 632 $ 985 $ 88,640 $ 89,625 Commercial mortgage — — 6 6 223,309 223,315 Commercial construction — — — — 22,408 22,408 Residential mortgage loans — 104 — 104 110,434 110,538 Consumer: Home equity lines of credit — — — — 24,669 24,669 Other consumer loans 17 — 4 21 17,493 17,514 Total $ 310 $ 164 $ 642 $ 1,116 $ 486,953 $ 488,069 As of March 31, 2017 and December 31, 2016, there were no loans 90 days past due and still accruing interest. Troubled Debt Restructurings The Company may grant a concession or modification for economic or legal reasons related to a borrower’s declining financial condition that it would not otherwise consider, resulting in a modified loan which is then identified as a troubled debt restructuring (“TDR”). The Company may modify loans through rate reductions, extensions of maturity, interest only payments, or payment modifications to better match the timing of cash flows due under the modified terms with the cash flows from the borrowers’ operations. Loan modifications are intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. TDRs are considered impaired loans for purposes of calculating the Company’s allowance for loan losses. The Company identifies loans for potential restructure primarily through direct communication with the borrower and evaluation of the borrower’s financial statements, revenue projections, tax returns, and credit reports. Even if the borrower is not presently in default, management will consider the likelihood that cash flow shortages, adverse economic conditions, and negative trends may result in a payment default in the near future. The following tables summarize the balance of outstanding TDR’s at March 31, 2017 and December 31, 2016: Number of Loans Performing TDR's Non-Performing TDR's Total TDRs (Dollars in thousands) March 31, 2017 Residential mortgage loans 1 $ 637 — $ 637 Total 1 $ 637 $ — $ 637 Number of Loans Performing TDR's Non-Performing TDR's Total TDRs (Dollars in thousands) December 31, 2016 Residential mortgage loans 1 $ 637 — $ 637 Home equity lines of credit 1 — 14 14 Other consumer loans 1 — 20 20 Total 3 $ 637 $ 34 $ 671 As of March 31, 2017 and December 31, 2016 there were no TDR’s which were subsequently in default and there were no commitments to lend additional funds to debtors whose terms have been modified in TDR’s. For the three months ended March 31, 2017 and March 31, 2016, and also for the year ended December 31, 2016 there were no new TDR’s entered into. The carrying amount of foreclosed residential real estate properties held was $568 thousand as of March 31, 2017. There were no consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure as of March 31, 2017.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Deposits	Note 6—Deposits The components of deposits at March 31, 2017 and December 31, 2016 are as follows: March 31, December 31, 2017 2016 (Dollars in thousands) Demand, non-interest bearing $ 61,294 $ 54,817 Demand, interest-bearing 51,118 57,168 Money market and savings accounts 112,078 113,655 Time, $100 and over 59,040 45,311 Time, other 184,441 196,737 $ 467,971 $ 467,688 Included in time, other at March 31, 2017 and December 31, 2016 are brokered deposits of $117.0 million and $138.8 million, respectively. As of March 31, 2017 and December 31, 2016 aggregate time deposits which exceed the $250 thousand FDIC insurance limit were $12.1 million and $8.0 million, respectively. At March 31, 2017, the scheduled maturities of time deposits were as follows: (Dollars in thousands) 3/31/2018 $ 119,369 3/31/2019 69,023 3/31/2020 25,575 3/31/2021 12,437 3/31/2022 17,037 Thereafter 40 $ 243,481

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Shareholders' Equity	Note 7—Shareholders’ Equity The Company amended its articles of incorporation, effective May 4, 2016, to increase the number of authorized shares of its common stock, $1.00 par value, from 10,000,000 shares to 20,000,000 shares. The amendment was approved by shareholders at the 2016 annual meeting of shareholders held on May 3, 2016. As of both March 31, 2017 and December 31, 2016 the Company had 3,404 shares of 9%, fixed rate, Cumulative Perpetual Preferred Stock outstanding totaling $3.4 million. On January 22, 2016, First Priority redeemed $6.0 million of its outstanding Preferred Stock for a total redemption price of $1,016.75 per share which included accrued dividends. This redemption included all shares of outstanding Series A (4,579 shares; par value $1,000) and Series B (229 shares; par value $1,000); and approximately 25.9% of Series C (1,192 shares of 4,596 shares outstanding; par value $1,000). The shares of Series C were selected for redemption on a pro rata basis. After the completion of these redemptions, 3,404 shares of Series C Preferred Stock are outstanding as of March 31, 2017. The Preferred Stock has no maturity date and ranks senior to common stock with respect to dividends and upon liquidation, dissolution, or winding up. The Company may redeem the Preferred Stock, in whole or in part, at its liquidation preference plus accrued and unpaid dividends.

Stock Compensation Program

Stock Compensation Program	3 Months Ended
	Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Compensation Program	Note 8—Stock Compensation Program In 2005, the Company adopted the 2005 Stock Compensation Program, which was amended at the Company’s annual meeting on April 23, 2009 as the 2009 Stock Compensation Program (the “Program”) and further amended effective March 18, 2010. The Program allows equity benefits to be awarded in the form of Incentive Stock Options, Compensatory Stock Options or Restricted Stock. The Program authorizes the Board of Directors to grant options up to an aggregate maximum of 1,207,957 shares to officers, other employees and directors of the Company, including 382,957 shares which were authorized for grant under this plan as a result of the merger with Affinity. Only employees of the Company will be eligible to receive Incentive Stock Options and such grants are subject to the limitations under Section 422 of the Internal Revenue Code. All stock options granted under the Program fully vest in four years from the date of grant (or potentially earlier upon a change of control), excluding options issued in regards to the Company’s Severance Plan which vest only upon change in control, and options terminate ten years from the date of the grant. The exercise price of the options granted is the fair value of a share of common stock at the time of the grant. A summary of the Stock Option Plan is presented below as of March 31, 2017: Options to Purchase Common Shares Weighted Outstanding at beginning of period 955,060 $ 6.35 Forfeited/cancelled during period 2,500 5.94 Expired 7,190 11.21 Outstanding at end of period (1) 945,370 6.31 Exercisable at end of period (1) 347,370 $ 7.67 (1) Included in options outstanding and exercisable at March 31, 2017 are 100,000 organizer options, with an exercise price of $10.00 per share and an expiration date of October 18, 2017, exchanged as part of the 2008 acquisition of Prestige Community Bank which were issued outside of the Program. The weighted average remaining contractual lives of all outstanding stock options and exercisable options at March 31, 2017 and December 31, 2016 were 5.63 years and 2.79 years, respectively, and 5.84 years and 2.98 years, respectively. The aggregate intrinsic value of all outstanding stock options based on the closing price was $1.9 million as of March 31, 2017, including $438 thousand related to currently exercisable options, and $705 thousand as of December 31, 2016, including $150 thousand related to exercisable options. For option grants to individual employees, the Company assumes no forfeitures. For option grants made to a group of employees, a 10% forfeiture rate is typically assumed at the date of the grant, and compared to actual forfeitures on an annual basis. Under the terms of the merger agreement with Affinity dated February 28, 2013, each Affinity option became fully vested and was exchanged for a grant of 0.9813 First Priority options, with an adjusted exercise price to reflect the exchange ratio and maintains the same expiration date as the original option. As of March 31, 2017, 38,270 of these options remain outstanding with an average exercise price of $9.08 and a remaining contractual term of 3.04 years. The dividend yield assumption is based on the Company’s history and expectation of dividend payouts. Due to the Company’s lack of sufficient historical exercise data and the limited period of time for which shares have been issued, the “simplified” method is used to determine the expected life of options, calculated as the average of the sum of the vesting term and original contractual term for all periods presented. The expected volatility percentage is based on the average expected volatility of similar public financial institutions in the Company’s market area. The risk-free interest rates for periods within the contractual life of the awards are based on the U.S. Treasury yield curve in effect at the time of grant. As of March 31, 2017, there was $206 thousand of unrecognized compensation cost related to non-vested stock options granted after January 1, 2007, excluding those stock options issued in conjunction with the Company’s severance plan. That cost is expected to be recognized over a weighted average period of 2.38 years. There was no tax benefit recognized related to this stock-based compensation. There are 355,000 stock options issued in connection with the termination of the previously executed change in control agreements and the adoption of the severance plan with $576 thousand of unrecognized compensation cost which will only be recognized if a change in control occurs, based on the options which remain outstanding and are probable to vest at that time. During 2015, included in the options granted, there were 99,000 performance options issued to various employees. Certain performance criteria must be achieved over the performance period in order for the option to vest. Performance is analyzed on a quarterly basis to determine if the specific required performance is more likely than not to be achieved. Based on this evaluation, 55,000 performance options have been cancelled to date, leaving 44,000 outstanding as of March 31, 2017. These non-vested options may be further adjusted in the future. Restricted Stock grants fully vest after a minimum of three years from the date of grant (or potentially earlier upon a change of control or retirement after the age of 66), subject to the recipient remaining an employee of the Company. Directors are also granted restricted stock as part of their compensation for their services on the Board of Directors, or related Committees, as approved by the Compensation Committee of the Board. Upon issuance of the shares, resale of the shares is restricted during the vesting period, during which the shares may not be sold, pledged, or otherwise disposed of. Prior to the vesting date and in the event the recipient terminates association with Company for any reasons other than death, disability or change of control, the recipient forfeits all rights to the shares that would otherwise be issued under the grant. Compensation expense related to restricted stock awards granted under the Plan is determined at the date of the award based on the estimated fair value of the shares and is amortized over the vesting period. As of March 31, 2017, there was $378 thousand of unrecognized compensation cost related to restricted stock, which will be amortized through June 28, 2020. A summary of restricted stock award activity is presented below for the three months ended March 31, 2017: Shares Outstanding unvested shares at beginning of period 89,450 Shares Granted during period 11,500 Shares Forfeited/cancelled during the period (300 ) Vested Shares during this period ─ Outstanding unvested shares at end of period 100,650

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Financial Instruments with Off-Balance Sheet Risk	Note 9—Financial Instruments with Off-Balance Sheet Risk 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. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheet. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend 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. At March 31, 2017 and December 31, 2016, outstanding commitments to extend credit consisting of total unfunded commitments under lines of credit were $107.8 million and $98.2 million, respectively. In addition, as of each of these dates, there were $982 thousand and $958 thousand of performance standby letters of credit outstanding, respectively, and $1.7 million of financial standby letters of credit outstanding, at each respective date, issued on behalf of the Bank’s customers. As of March 31, 2017 and December 31, 2016, the Company also had deposit letters of credit totaling $16.0 million at each respective date, issued by the Federal Home Loan Bank of Pittsburgh (“FHLB”), as required to provide collateral on certain municipal deposits maintained at First Priority. These deposit letters of credit are secured by a blanket lien on selected mortgage loans within the Bank’s portfolio. 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 Bank evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include residential or commercial real estate, accounts receivable, inventory and equipment.

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Regulatory Matters	Note 10—Regulatory Matters The Dodd-Frank Act required the FRB to establish minimum consolidated capital requirements for bank holding companies that are as stringent as those required for insured depositary subsidiaries. The federal banking agencies approved rules that implemented the Dodd-Frank requirements and certain other regulatory capital reforms which were designed to enhance such requirements and implement the revised standards of the Basel Committee on Banking Supervision, commonly referred to as Basel III. These rules (i) introduced a new capital ratio pursuant to the prompt corrective action provisions, the common equity tier 1 capital to risk rated assets ratio, (ii) increased the adequately capitalized and well capitalized thresholds for the Tier 1 risk based capital ratios to 6% and 8% respectively, (iii) changed the treatment of certain capital components for determining Tier 1 and Tier 2 capital, and (iv) changed the risk weighting of certain assets and off balance sheet items in determining risk weighted assets. Under the revised capital guidelines, the Bank’s minimum capital to risk-adjusted assets requirements consist of a common equity tier 1 capital ratio of 4.5% (6.5% to be considered “well capitalized”); a tier 1 capital ratio of 6.0%, (8.0% to be considered “well capitalized”); and a total capital ratio of 8.0% (10.0% to be considered “well capitalized”). The Bank must also maintain a minimum Tier 1 leverage ratio of at least 4.0% (5.0% to be considered “well capitalized”). Under these rules, in order to avoid limitations on capital distributions (including dividend payments and certain discretionary bonus payments to executive officers), a banking organization must hold a capital conservation buffer comprised of common equity tier 1 capital above its minimum risk-based capital requirements in an amount greater than 2.5% of total risk-weighted assets. The capital contribution buffer requirements is being phased in over a three-year period beginning January 1, 2016 and was 0.625% in 2016 and is 1.25% during 2017. The capital buffer requirement, on a fully phased-in basis as of January 1, 2019, effectively raises the minimum required common equity Tier 1 capital ratio to 7.0% (5.125% in 2016 and 5.75% in 2017), the Tier 1 capital ratio to 8.5% (6.625% in 2016 and 7.25% in 2017), and the total capital ratio to 10.5% (8.625% in 2016 and 9.25% in 2017). The Bank’s capital amounts (dollars in thousands) and ratios at March 31, 2017 and December 31, 2016 are presented below: Actual Minimum Capital Requirement To be Well Capitalized under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio March 31, 2017 Total capital (to risk-weighted assets) $ 57,053 12.23 % $ 37,309 >8.0 % $ >46,637 >10.0 % Tier 1 capital (to risk-weighted assets) 44,473 9.54 >27,982 >6.0 >37,309 >8.0 Tier 1 common equity capital (to risk-weighted assets) 44,473 9.54 >20,987 >4.5 >30,314 >6.5 Tier 1 capital (to total assets) 44,473 7.92 >22,451 >4.0 >28,063 >5.0 December 31, 2016 Total capital (to risk-weighted assets) $ 55,900 12.07 % $ >37,064 >8.0 % $ >46,330 >10.0 % Tier 1 capital (to risk-weighted assets) 43,328 9.35 >27,798 >6.0 >37,064 >8.0 Tier 1 common equity capital (to risk-weighted assets) 43,328 9.35 >20,848 >4.5 >30,114 >6.5 Tier 1 capital (to total assets) 43,328 7.87 >22,023 >4.0 >27,528 >5.0 First Priority’s ability to pay cash dividends is dependent on receiving cash in the form of dividends from the Bank. However, certain restrictions exist regarding the ability of the Bank to transfer funds to First Priority in the form of cash dividends. All dividends are currently subject to prior approval of the Pennsylvania Department of Banking and Securities and the FDIC and are payable only from the undivided profits of the Bank, with the exception of an exemption enacted by the Pennsylvania Department of Banking and Securities which allows the Bank to pay dividends related to the preferred stock originally issued under the U.S. Department of the Treasury’s Troubled Asset Relief Program—Capital Purchase Program. Additionally, First Priority has met the requirement of obtaining prior approval from the Federal Reserve Bank on any payment of dividends, including dividends on the aforementioned preferred stock, when net income for the past four quarters is not sufficient to fund the dividend payments over that same period or when such payment would negatively impact capital adequacy of the Company.

Fair Value Measurements and Fai

Fair Value Measurements and Fair Values of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements and Fair Values of Financial Instruments	Note 11—Fair Value Measurements and Fair Values of Financial Instruments Management uses its best judgment in estimating the fair value of the Bank’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction on the dates indicated. The estimated fair value amounts have been measured as of March 31, 2017 and December 31, 2016 and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each period-end. The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with FASB ASC Topic 820— Fair Value Measurements The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. FASB ASC Topic 820 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 under FASB ASC Topic 820 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). Management utilizes inputs that it believes a market participant would use. 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, 2017 and December 31, 2016 are as follows: Description Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs (Dollars in thousands) As of March 31, 2017: Investment securities available for sale: Obligations of U.S. government agencies and corporations $ 5,985 $ — $ 5,985 $ — Obligations of states and political subdivisions 10,433 — 10,433 — Federal agency mortgage-backed securities 18,076 — 18,076 — Federal agency collateralized mortgage obligations 161 — 161 — Other debt securities 1,566 — 1,566 — Money market mutual fund 559 559 — — Total assets measured at fair value on a recurring basis $ 36,780 $ 559 $ 36,221 $ — As of December 31, 2016: Investment securities available for sale: Obligations of U.S. government agencies and corporations $ 45,987 $ — $ 45,987 $ — Obligations of states and political subdivisions 6,139 — 6,139 — Federal agency mortgage-backed securities 13,720 — 13,720 — Federal agency collateralized mortgage obligations 189 — 189 — Other debt securities 1,530 — 1,530 — Money market mutual fund 2,995 2,995 — — Total assets measured at fair value on a recurring basis $ 70,560 $ 2,995 $ 67,565 $ — For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2017 and December 31, 2016 are as follows: Description Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs (Dollars in thousands) As of March 31, 2017: Impaired loans $ 1,222 $ — $ — $ 1,222 Other real estate owned 10 — — 10 Total assets measured at fair value on a nonrecurring basis $ 1,232 $ — $ — $ 1,232 As of December 31, 2016: Impaired loans $ 1,257 $ — $ — $ 1,257 Other real estate owned 679 — — 679 Total assets measured at fair value on a nonrecurring basis $ 1,936 $ — $ — $ 1,936 Management generally uses a discounted appraisal technique in valuing impaired assets, resulting in the discounting of the collateral values underlying each impaired asset. A discounted tax assessment rate has been applied for smaller assets to determine the discounted collateral value. All impaired loans are classified as Level 3 in the fair value hierarchy. Collateral may be real estate and/or business assets. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment. Quantitative information about Level 3 fair value measurements at March 31, 2017 is included in the table below: Fair Value Valuation Techniques Unobservable Inputs Estimated Ratings (Weighted Average) (3) (Dollars in thousands) Impaired loans $ 1,222 Appraisal of real estate collateral (1) Appraisal adjustments(2) 0%-25% (4.80%) Valuation of business assets used as collateral(1) Valuation adjustments(2) 0%-80% (76.42%) Liquidation expenses 0%-23% (11.37%) Other real estate owned $ 10 Appraisal of collateral(1) Appraisal adjustments(2) (43.48%) Liquidation expenses (20.23%) Quantitative information about Level 3 fair value measurements at December 31, 2016 is included in the table below: Fair Value Valuation Techniques Unobservable Inputs Estimated Ratings (Weighted Average) (3) (Dollars in thousands) Impaired loans $ 1,257 Appraisal of real estate collateral (1) Appraisal adjustments(2) 0%-25% (4.87%) Valuation of business assets used as collateral (1) Valuation adjustments(2) 0%-80% (75.32%) Liquidation expenses 0%-10% (8.01%) Other real estate owned $ 679 Appraisal of collateral (1) Appraisal adjustments(2) 0% (0.00%) Liquidation expenses 5%-7% (6.94%) (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which include Level 3 inputs that are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) The range and weighted average of qualitative factors such as economic conditions and estimated liquidation expenses are presented as a percent of the appraised value. Valuation of real estate collateral may be discounted based on the age of the existing appraisal. Discounts are typically not taken for recent appraisals. Valuations related to business assets used as collateral are typically discounted more heavily due to the inherent level of uncertainty in determining the fair value of these types of assets. Liquidation costs relating to these assets are charged to expense. Other real estate owned measured at fair value on a nonrecurring basis consists of properties acquired as a result of accepting a deed in lieu of foreclosure, foreclosure or through other means related to collateral on Bank loans which resulted in a gain or loss recognized during the period. Costs relating to the development or improvement of assets are capitalized and costs relating to holding the property are charged to expense. As of March 31, 2017, the fair value of other real estate owned consists of balances of $32 thousand, net of a valuation allowance of $22 thousand. As of December 31, 2016, the fair value of other real estate owned consists of balances of $1.2 million, net of a valuation allowance of $520 thousand. Fair value is generally determined based upon independent third-party appraisals of the property. Real estate properties acquired through, or in lieu of, foreclosure are to be sold and are carried at fair value less estimated cost to sell. Fair value is based upon independent market prices or appraised value of the property. These assets are included in Level 3 fair value based upon the lowest level of input that is significant to the fair value measurement. 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, 2017 and December 31, 2016: Cash and Cash Equivalents 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. Loans Receivable The fair values of 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. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Impaired Loans Impaired loans, which are included in loans receivable, are those that are accounted for under FASB ASC Topic 310, “Receivables” , Restricted Investment in Bank Stock The carrying amount of restricted investment in bank stock approximates fair value, and considers the limited marketability of such securities. Accrued Interest Receivable and Payable The carrying amount of accrued interest receivable and accrued interest payable approximates fair value. Deposit Liabilities The fair values disclosed for demand deposits (interest and noninterest checking), money market and savings 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 to the maturities of the time deposits. Short-Term Borrowings The carrying amounts of short-term borrowings approximate their fair values. Long-Term Debt 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 Debt The fair values of subordinated debt has been estimated using discounted cash flow calculation taking into account contractual maturities, call features, and market interest rates for instruments with similar financial and credit characteristics. These instruments are classified within Level 2 of the fair value hierarchy. Off-Balance Sheet Financial Instruments 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. At March 31, 2017 and December 31, 2016, the estimated fair values of the Company’s financial instruments were as follows: March 31, 2017 Carrying Amount Fair Value Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Cash and cash equivalents $ 44,606 $ 44,606 $ 44,606 $ — $ — Securities available for sale 36,780 36,780 559 36,221 — Securities held to maturity 18,923 19,495 — 19,495 — Loans receivable, net 484,449 489,564 — — 489,564 Restricted stock 3,505 3,505 — 3,505 — Accrued interest receivable 1,760 1,760 — 1,760 — Liabilities: Deposits 467,971 467,777 — 467,777 — Federal Home Loan Bank of Pittsburgh advances 74,364 74,349 — 74,349 — Subordinated debt 9,213 9,312 — 9,312 — Accrued interest payable 594 594 — 594 — Off-balance sheet credit related instruments: Commitments to extend credit — — — — — December 31, 2016 Carrying Amount Fair Value Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Cash and cash equivalents $ 4,761 $ 4,761 $ 4,761 $ — $ — Securities available for sale 70,560 70,560 2,995 67,565 — Securities held to maturity 19,043 19,584 — 19,584 — Loans receivable, net 484,913 490,890 — — 490,890 Restricted stock 3,257 3,257 — 3,257 — Accrued interest receivable 1,817 1,817 — 1,817 — Liabilities: Deposits 467,688 467,616 — 467,616 — Federal Home Loan Bank of Pittsburgh advances 68,164 68,157 — 68,157 — Subordinated debt 9,207 9,273 — 9,273 — Accrued interest payable 510 510 — 510 — Off-balance sheet credit related instruments: Commitments to extend credit — — — — —

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Organization and Nature of Operations	Organization and Nature of Operations First Priority Financial Corp. First Priority Financial Corp. (“First Priority,” the “Company”) is a bank holding company incorporated under the laws of the Commonwealth of Pennsylvania on February 13, 2007. On May 11, 2007, as a result of a reorganization and merger, First Priority Bank (the “Bank”) became a wholly-owned subsidiary of First Priority. First Priority, primarily through the Bank, serves residents and businesses in the Delaware Valley with branches in Berks, Bucks, Chester and Montgomery counties in Pennsylvania. The Bank, is headquartered in Malvern, PA, has seven retail branch office locations and one loan production office and is a locally managed community bank providing commercial banking products, primarily loans and deposits. First Priority provides banking services through the Bank and does not engage in any activities other than banking and related activities. As of March 31, 2017, First Priority had total assets of $602.6 million and total shareholders’ equity of $48.9 million. First Priority Bank The Bank is a state-chartered commercial banking institution which was incorporated under the laws of the Commonwealth of Pennsylvania on May 25, 2005. The Bank’s deposits are insured by the FDIC up to the maximum amount permitted for all banks. The Bank engages in a full service commercial and consumer banking business with strong private banking and individual wealth management services. The Bank offers a variety of consumer, private banking and commercial loans, mortgage products and commercial real estate financing. The Company’s operations are significantly affected by prevailing economic conditions, competition, and the monetary, fiscal, and regulatory policies of governmental agencies. Lending activities are influenced by a number of factors, including the general credit needs of individuals and small and medium-sized businesses in the Company’s market area, competition, the current regulatory environment, the level of interest rates, and the availability of funds. Deposit flows and costs of funds are influenced by prevailing market rates of interest, competition, account maturities, and the level of personal income and savings in the market area. The Bank also offers certain financial planning and investment management services. These investment services are provided by First Priority Financial Services, a Division of First Priority Bank, through third party providers. In addition, the Bank has entered into solicitation agreements with several investment advisors to provide portfolio management services to customers of the Bank. The Bank currently seeks deposits and commercial and private banking relationships through its banking offices. The Bank provides deposit products that include checking, money market and savings accounts, and certificates of deposit as well as other deposit services, including cash management, electronic banking and mobile products as well as online account opening capabilities. The Bank obtains funding in the local community by providing excellent service and competitive rates to its customers and utilizes various advertising to attract current and potential deposit customers. The Bank also uses brokered certificates of deposit as a cost effective funding alternative.
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements consist of the Company and the Company’s wholly owned consolidated subsidiary, the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. These statements are prepared in accordance with instructions to Form 10-Q, and therefore, do not include information or all footnotes necessary for a complete presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States (“GAAP”). However, all normal recurring adjustments that, in the opinion of management, are necessary for a fair presentation of these financial statements have been included. These financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto for First Priority Financial Corp. for the year ended December 31, 2016, included in the Company’s Form 10-K filed with the Securities and Exchange Commission on March 23, 2017. The results of interim periods presented are not necessarily indicative of the results that may be expected for the year ending December 31, 2017.
Subsequent Events	Subsequent Events Management has evaluated events and transactions occurring subsequent to March 31, 2017 for items that should potentially be recognized or disclosed in these Consolidated Financial Statements. The evaluation was conducted through the date these financial statements were issued.
Estimates	Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, stock-based compensation, impairment of goodwill, impairment of investments, the valuation of deferred tax assets and the valuation of other real estate owned.
Acquired Loans	Acquired Loans Loans acquired as part of a full bank acquisition are initially recorded at their acquisition date fair values. The carryover of allowance for loan losses is prohibited as any credit losses in the loans are included in the determination of the fair value of the loans at the acquisition date. Fair values for acquired loans are based on a discounted cash flow methodology that involves assumptions and judgments as to credit risk, prepayment risk, liquidity risk, default rates, loss severity, payment speeds, collateral values and discount rate. Acquired loans that have evidence of deterioration in credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all contractually required payments are accounted for as impaired loans under ASC 310-30. The excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable discount and is recognized into interest income over the remaining life of the loans. The difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition is referred to as the non-accretable discount. The non-accretable discount represents estimated future credit losses expected to be incurred over the life of the loan. Subsequent decreases to the expected cash flows require the Company to evaluate the need for an allowance for loan losses on these loans. Subsequent improvements in expected cash flows result in the reversal of a corresponding amount of the non-accretable discount which the Company then reclassifies as an accretable discount that is recognized into interest income over the remaining life of the loans using the interest method. As of March 31, 2017 there were three remaining acquired purchased credit impaired loans with a net recorded balance of $214 thousand, after a non-accretable credit discount of $362 thousand. Acquired loans that met the criteria for non-accrual of interest prior to acquisition may be considered performing upon acquisition, or in the future, regardless of whether the customer is contractually delinquent, if the Company can reasonably estimate the timing and amount of the expected cash flows on such loans and if the Company expects to fully collect the new carrying value of the loans. As such, the Company may no longer consider the loan to be non-accrual or non-performing and may accrue interest on these loans, including the impact of any accretable discount. For acquired loans that are not deemed impaired at acquisition, credit discounts representing the principal losses expected over the life of the loan are a component of the initial fair value and amortized over the life of the asset. Subsequent to the acquisition date, the methods utilized to estimate the required allowance for loan losses for these loans is similar to originated loans, however, the Company records a provision for loan losses only when the required allowance exceeds any remaining pooled discounts for loans evaluated collectively for impairment. As of March 31, 2017, the net recorded balance of acquired loans resulting from the Affinity merger totaled $14.2 million. The Company also purchased portfolios of performing residential mortgage loans in 2014 through 2016, all of which and were underwritten using similar underwriting standards as it uses for its organic portfolio. In August 2016, the Company purchased performing commercial loans from within the Bank’s market area. All acquisition premiums from the purchased loans will be recognized into interest income over the remaining life of the loans.
Allowance for Loan Losses	Allowance for Loan Losses 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, totaling $35 thousand as of both March 31, 2017 and December 31, 2016, represents management’s estimate of losses inherent in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheets. 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 uncollectible 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. Because all identified losses are immediately charged off, no portion of the allowance for loan losses is restricted to any individual loan or groups of loans, and the entire allowance is available to absorb any and all loan losses. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly 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. The specific component relates to loans that are classified as impaired. 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 that loan. The general component covers pools of loans by loan class including commercial loans not considered impaired, as well as smaller balance homogeneous loans, such as residential real estate, home equity and other consumer loans. 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. Lending policies and procedures, including underwriting standards and collection, charge-off, and recovery practices. 2. National, regional, and local economic and business conditions as well as the condition of various market segments, including the value of underlying collateral for collateral dependent loans. 3. Nature and volume of the portfolio and terms of loans. 4. Management team with experience, depth, and knowledge in banking and in many areas of lending. Each contributes to the sound credit culture and control within the Company. 5. Volume and severity of past due, classified and nonaccrual loans as well as other loan modifications. 6. The Company engages a third party to perform an independent review of the loan portfolio as a measure for quality and consistency in credit evaluation and credit decisions. 7. Existence and effect of any concentrations of credit and changes in the level of such concentrations. 8. Effect of external factors, such as competition and legal and regulatory requirements. Each factor is assigned a value to reflect improving, stable or declining conditions based on management’s best judgment using relevant information available at the time of the evaluation. Adjustments to the factors are supported through documentation of changes in conditions in a narrative accompanying the allowance for loan loss calculation. A majority of the Company’s loans are to business owners of many types. The Company makes commercial loans for real estate development and other business purposes required by our customers. The Company’s credit policies determine advance rates against the different forms of collateral that can be pledged against commercial loans. Typically, the majority of loans will be limited to a percentage of their underlying collateral values such as real estate values, equipment, eligible accounts receivable and inventory. Individual loan advance rates may be higher or lower depending upon the financial strength of the borrower and/or term of the loan. The assets financed through commercial loans are used within the business for its ongoing operation. Repayment of these kinds of loans generally comes from the cash flow of the business or the ongoing conversions of assets. Commercial real estate loans include long-term loans financing commercial properties. Repayment of this kind of loan is dependent upon either the ongoing cash flow of the borrowing entity or the resale of or lease of the subject property. Commercial real estate loans typically require a loan to value ratio of not greater than 80% and vary in terms. Residential mortgages and home equity loans are secured by the borrower’s residential real estate in either a first or second lien position. Residential mortgages and home equity loans have varying loan rates depending on the financial condition of the borrower and the loan to value ratio. Residential mortgages have amortizations up to 30 years and home equity loans have maturities of no more than 15 years. Residential mortgages and home equity loans typically require a loan to value ratio of not greater than 80%. Other consumer loans include installment loans, car loans, and overdraft lines of credit. The majority of these loans are secured. 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, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not 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 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 may be 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 and industrial 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 criticized 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 characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the allowance for loan losses. Loans not classified are rated pass. In addition, Federal 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.
Comprehensive Income	Comprehensive Income Accounting principles generally accepted in the United States of America require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities are reported as a separate component of the shareholders’ equity section of the balance sheet, such items, along with net income, are components of total comprehensive income. Total reclassifications from accumulated other comprehensive income for the periods presented are as follows: Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement where Net Income is Presented For the three months ended March 31, 2017 2016 (Dollars in thousands) Sale of investment securities available for sale $ (25 ) $ (235 ) Gains on sale of investment securities Amortization of unrealized holding losses on securities transferred from available for sale to held to maturity (5 ) (15 ) Interest and Dividend Income on taxable securities Tax effect 10 85 Income Tax Expense Total reclassification $ (20 ) $ (165 ) Accumulated other comprehensive income as of March 31, 2017 and December 31, 2016 consisted of the following: March 31 December 31, 2017 2016 (Dollars in thousands) Net unrealized gain (losses) on available for sale securities $ 64 $ (50 ) Net unrealized holding gains on securities transferred from available for sale to held to maturity 4 8 Total $ 68 $ (42 )
Recently Issued Accounting Standards	In May 2014, the FASB issued ASU 2014-09, deferred by ASU 2015-14, Revenue from Contracts with Customers (Topic 606). The amendments in this Update establish a comprehensive revenue recognition standard for virtually all industries under U.S. GAAP, including those that previously followed industry specific guidance such as the real estate, construction and software industries. The revenue standard’s core principle is built on the contract between a vendor and a customer for the provision of goods and services. It attempts to depict the exchange of rights and obligations between the parties in the pattern of revenue recognition based on the consideration to which the vendor is entitled. To accomplish this objective, the standard requires five basic steps: i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The amendments are effective for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. Management does not believe the adoption of ASU 2014-09 will have a significant impact on the Company’s Consolidated Financial Statements but will continue to evaluate. In January 2016, the FASB issued Accounting Standards Update 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). ASU 2016-01 changes current U.S. GAAP for public entities by requiring the following, among others: (1) equity securities, except those accounted for under the equity method of accounting, to be measured at fair value with changes in fair value recognized in net income; (2) the use of the exit price when measuring fair value of financial instruments for disclosure purposes; (3) 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; and (4) separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or notes to the financial statements. ASU 2016-01 is effective for annual periods beginning after December 15, 2017, including interim periods. Early application is permitted. The Company is currently assessing the impact the adoption of ASU 2016-01 will have on future financial statements and disclosures. In February 2016, the FASB issued Accounting Standards Update ("ASU") No. 2016-02, Leases. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326).” The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For public business entities, this ASU is effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods therein. Early adoption is permitted. The Company is evaluating the impact of this ASU on its consolidated financial statements and disclosures. In August 2016, the FASB issued ASU 2016-15, “Classification of Certain Cash Receipts and Cash Payments.” This ASU clarifies how certain cash receipts and cash payments are presented in the statement of cash flows. This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. For public business entities this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is evaluating the impact of this ASU on its consolidated financial statements and disclosures. In January 2017, the FASB issued ASU 2017-04, “Intangibles ─ Goodwill and Other (Topic 350).” This update intends to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments in this Update modify the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. For public business entities this ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, and interim periods therein. Early adoption is permitted. The Company does not expect the implementation of this standard to have a material impact on its consolidated statement of operations. In March 2017, the FASB issued ASU 2017-08, Premium Amortization on Purchased Callable Debt Securities, which amends the amortization period for certain purchased callable debt securities held at a premium, shortening such period to the earliest call date. The ASU is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. For all other entities, the ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Earlier application is permitted for all entities, including adoption in an interim period. If an entity early adopts the ASU in an interim period, any adjustments must be reflected as of the beginning of the fiscal year that includes that interim period. The Company does not expect the implementation of this standard to have a material impact on its consolidated statement of operations.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Schedule of Total Reclassifications from Accumulated Other Comprehensive Income	Total reclassifications from accumulated other comprehensive income for the periods presented are as follows: Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement where Net Income is Presented For the three months ended March 31, 2017 2016 (Dollars in thousands) Sale of investment securities available for sale $ (25 ) $ (235 ) Gains on sale of investment securities Amortization of unrealized holding losses on securities transferred from available for sale to held to maturity (5 ) (15 ) Interest and Dividend Income on taxable securities Tax effect 10 85 Income Tax Expense Total reclassification $ (20 ) $ (165 )
Schedule of Accumulated Other Comprehensive Income	Accumulated other comprehensive income as of March 31, 2017 and December 31, 2016 consisted of the following: March 31 December 31, 2017 2016 (Dollars in thousands) Net unrealized gain (losses) on available for sale securities $ 64 $ (50 ) Net unrealized holding gains on securities transferred from available for sale to held to maturity 4 8 Total $ 68 $ (42 )

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Calculations of Basic and Diluted Earnings per Common Share	The calculations of basic and diluted earnings per common share are presented below for the three months ended March 31, 2017 and 2016: For the three months ended March 31, (In thousands, except per share information) 2017 2016 Net income $ 782 $ 531 Less: preferred stock dividends (77 ) (177 ) Income to common shareholders $ 705 $ 354 Average basic common shares outstanding 6,534 6,496 Effect of dilutive stock options 171 33 Average number of common shares used to calculate diluted earnings per common share 6,705 6,529 Basic earnings per common share $ 0.11 $ 0.05 Diluted earnings per common share $ 0.11 $ 0.05
Schedule of Amount of Preferred Stock Dividends Related to Each Series of Preferred Stock	The amount of preferred stock dividends related to each series of preferred stock are presented below for the three months ended March 31, 2017 and 2016: For the three months ended March 31, 2017 2016 (Dollars in thousands) Preferred dividends: Preferred Series A $ — $ 77 Preferred Series B — 4 Preferred Series C 77 96 Total preferred dividends $ 77 $ 177

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Summary of Amortized Cost, Unrealized Gains and Losses, and Estimated Fair Value of Company's Investment Securities Available for Sale	The amortized cost, unrealized gains and losses, and the fair value of the Company’s investment securities available for sale and held to maturity are as follows for the periods presented: March 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (Dollars in thousands) Available For Sale: Obligations of U.S. government agencies and corporations $ 5,987 $ 5 $ (7 ) $ 5,985 Obligations of states and political subdivisions 10,330 117 (14 ) 10,433 Federal agency mortgage-backed securities 18,146 52 (122 ) 18,076 Federal agency collateralized mortgage obligations 162 — (1 ) 161 Other debt securities 1,500 66 — 1,566 Money market mutual fund 559 — — 559 Total investment securities available for sale $ 36,684 $ 240 $ (144 ) $ 36,780 Held To Maturity: Obligations of states and political subdivisions $ 18,441 $ 587 $ (43 ) $ 18,985 Other debt securities 482 28 — 510 Total investment securities held to maturity $ 18,923 $ 615 $ (43 ) $ 19,495 December 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (Dollars in thousands) Available For Sale: Obligations of U.S. government agencies and corporations $ 45,984 $ 8 $ (5 ) $ 45,987 Obligations of states and political subdivisions 6,103 46 (10 ) 6,139 Federal agency mortgage-backed securities 13,863 33 (176 ) 13,720 Federal agency collateralized mortgage obligations 190 — (1 ) 189 Other debt securities 1,500 30 — 1,530 Money market mutual fund 2,995 — — 2,995 Total investment securities available for sale $ 70,635 $ 117 $ (192 ) $ 70,560 Held To Maturity: Obligations of states and political subdivisions $ 18,561 $ 561 $ (33 ) $ 19,089 Other debt securities 482 13 - 495 Total investment securities held to maturity $ 19,043 $ 574 $ (33 ) $ 19,584
Schedule of Aggregate Unrealized Losses and Aggregate Fair Value of Underlying Securities Available for Sale	The table below details the aggregate unrealized losses and aggregate fair value of the underlying securities whose fair values are below their amortized cost at March 31, 2017 and December 31, 2016. As of March 31, 2017 Less than 12 Months 12 Months or longer Total Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count (Dollars in thousands) Available for Sale: Obligations of U.S. government agencies and corporations $ 3,984 $ (7 ) 4 $ — $ — — $ 3,984 $ (7 ) 4 Obligations of states and political subdivisions 933 (6 ) 2 868 (8 ) 1 1,801 (14 ) 3 Federal agency mortgage-backed securities 13,037 (121 ) 9 39 (1 ) 1 13,076 (122 ) 10 Federal agency collateralized mortgage obligations 161 (1 ) 2 — — — 161 (1 ) 2 Total Available for Sale $ 18,115 $ (135 ) 17 $ 907 $ (9 ) 2 $ 19,022 $ (144 ) 19 Held to Maturity: Obligations of states and political subdivisions $ 2,494 $ (43 ) 7 $ — $ — — $ 2,494 $ (43 ) 7 Total Held to Maturity $ 2,494 $ (43 ) 7 $ — $ — — $ 2,494 $ (43 ) 7 As of December 31, 2016 Less than 12 Months 12 Months or longer Total Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count Fair Value Unrealized Losses Count (Dollars in thousands) Available for Sale: Obligations of U.S. government agencies and corporations $ 3,984 $ (5 ) 4 $ — $ — — $ 3,984 $ (5 ) 4 Obligations of states and political subdivisions — — — 872 (10 ) 1 872 (10 ) 1 Federal agency mortgage-backed securities 10,667 (175 ) 11 39 (1 ) 1 10,706 (176 ) 12 Federal agency collateralized mortgage obligations 159 (1 ) 1 — — — 159 (1 ) 1 Total Available for Sale $ 14,810 $ (181 ) 16 $ 911 $ (11 ) 2 $ 15,721 $ (192 ) 18 Held to Maturity: Obligations of states and political subdivisions $ 2,289 $ (33 ) 7 $ — $ — — $ 2,289 $ (33 ) 7 Total Held to Maturity $ 2,289 $ (33 ) 7 $ — $ — — $ 2,289 $ (33 ) 7
Summary of Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of securities as of March 31, 2017 by contractual maturity are shown below. Certain of these investment securities have call features which allow the issuer to call the security prior to its maturity date at the issuer’s discretion. March 31, 2017 March 31, 2017 Available for Sale Securities Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value (Dollars in thousands) Due within one year $ — $ — $ — $ — Due after one year through five years 6,863 6,853 705 699 Due after five years through ten years 1,500 1,566 1,076 1,099 Due after ten years 9,454 9,565 17,142 17,697 17,817 17,984 18,923 19,495 Federal agency collateralized mortgage obligations 162 161 — — Federal agency mortgage-backed securities 18,146 18,076 — — Money market mutual fund 559 559 — — Total $ 36,684 $ 36,780 $ 18,923 $ 19,495

Loans Receivable and Related 24

Loans Receivable and Related Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Summary of Loans Receivable	Loans receivable consist of the following at March 31, 2017 and December 31, 2016. March 31, December 31, 2017 2016 (Dollars in thousands) Commercial: Commercial and industrial $ 90,986 $ 89,625 Commercial mortgage 225,663 223,315 Commercial construction 23,913 22,408 Total commercial 340,562 335,348 Residential mortgage loans 111,014 110,538 Consumer: Home equity lines of credit 21,740 24,669 Other consumer loans 14,398 17,514 Total consumer 36,138 42,183 Total loans 487,714 488,069 Allowance for loan losses (3,332 ) (3,330 ) Net deferred loan cost 67 174 Total loans receivable, net $ 484,449 $ 484,913
Activity in Allowance for Loan Losses by Loan Class	The following tables summarize the activity in the allowance for loan losses by loan class for the three months ended March 31, 2017 and 2016: For the three months ended March 31, 2017 Allowance for Loan Losses (Dollars in thousands) Beginning Balance Charge-offs Recoveries Provision for loan losses Ending Balance Commercial and industrial $ 647 $ — $ — $ 11 $ 658 Commercial mortgage 1,051 — — 57 1,108 Commercial construction 113 — — 12 125 Residential mortgage loans 452 — — (2 ) 450 Home equity lines of credit 188 — — (23 ) 165 Other consumer loans 97 (24 ) 16 — 89 Unallocated 782 — — (45 ) 737 Total loans $ 3,330 $ (24 ) $ 16 $ 10 $ 3,332 For the three months ended March 31, 2016 Allowance for Loan Losses (Dollars in thousands) Beginning Balance Charge-offs Recoveries Provision for loan losses Ending Balance Commercial and industrial $ 631 $ — $ 17 $ 24 $ 672 Commercial mortgage 831 (72 ) — 60 819 Commercial construction 56 — — 11 67 Residential mortgage loans 259 — — (11 ) 248 Home equity lines of credit 167 — 5 (18 ) 154 Other consumer loans 84 (75 ) 3 47 59 Unallocated 767 — — (3 ) 764 Total loans $ 2,795 $ (147 ) $ 25 $ 110 $ 2,783
Allowance For Loan Losses Impairment Method	The following tables present the balance in the allowance for loan losses at March 31, 2017 and December 31, 2016 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: March 31, 2017 Allowance for Loan Losses Loans Receivable (Dollars in thousands) Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Commercial and industrial $ 658 $ — $ 658 $ 90,986 $ 701 $ 90,285 Commercial mortgage 1,108 — 1,108 225,663 6 225,657 Commercial construction 125 — 125 23,913 — 23,913 Residential mortgage loans 450 47 403 111,014 637 110,377 Home equity lines of credit 165 — 165 21,740 — 21,740 Other consumer loans 89 — 89 14,398 4 14,394 Unallocated 737 — 737 — — — Total loans $ 3,332 $ 47 $ 3,285 $ 487,714 $ 1,348 $ 486,366 December 31, 2016 Allowance for Loan Losses Loans Receivable (Dollars in thousands) Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Ending Balance Ending Balance Individually Evaluated for Impairment Ending Balance Collectively Evaluated for Impairment Commercial and industrial $ 647 $ — $ 647 $ 89,625 $ 705 $ 88,920 Commercial mortgage 1,051 — 1,051 223,315 6 223,309 Commercial construction 113 — 113 22,408 — 22,408 Residential mortgage loans 452 47 405 110,538 637 109,901 Home equity lines of credit 188 — 188 24,669 14 24,655 Other consumer loans 97 — 97 17,514 51 17,463 Unallocated 782 — 782 — — — Total loans $ 3,330 $ 47 $ 3,283 $ 488,069 $ 1,413 $ 486,656
Summary of Impaired Loans by Loan Portfolio Class	The following tables summarize information in regard to impaired loans by loan portfolio class as of March 31, 2017 and December 31, 2016 as well as for the three month periods ended March 31, 2017 and 2016, respectively: March 31, 2017 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (Dollars in thousands) With no related allowance recorded: Commercial and industrial $ 701 $ 1,267 $ — $ 705 $ 1,268 $ — Commercial mortgage 6 57 — 6 57 — Commercial construction — — — — — — Residential mortgage loans — — — — — — Home equity lines of credit — — — 14 16 — Other consumer loans 4 4 — 51 80 — With an allowance recorded: Commercial and industrial $ — $ — $ — $ — $ — $ — Commercial mortgage — — — — — — Commercial construction — — — — — — Residential mortgage loans 637 637 47 637 637 47 Home equity lines of credit — — — — — — Other consumer loans — — — — — — Total: Commercial and industrial $ 701 $ 1,267 $ — $ 705 $ 1,268 $ — Commercial mortgage 6 57 — 6 57 — Commercial construction — — — — — — Residential mortgage loans 637 637 47 637 637 47 Home equity lines of credit — — — 14 16 — Other consumer loans 4 4 — 51 80 — Total $ 1,348 $ 1,965 $ 47 $ 1,413 $ 2,058 $ 47 Three months ended March 31, 2017 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (Dollars in thousands) With no related allowance recorded: Commercial and industrial $ 703 $ — $ 975 $ — Commercial mortgage 6 — 1,447 14 Commercial construction — — — — Residential mortgage loans — — 31 — Home equity lines of credit — — 96 1 Other consumer loans 4 — 181 2 With an allowance recorded: Commercial and industrial $ — $ — $ 1,103 $ 2 Commercial mortgage — — 514 3 Commercial construction — — — — Residential mortgage loans 637 6 637 6 Home equity lines of credit — — — — Other consumer loans — — — — Total: Commercial and industrial $ 703 $ — $ 2,078 $ 2 Commercial mortgage 6 — 1,961 17 Commercial construction — — — — Residential mortgage loans 637 6 668 6 Home equity lines of credit — — 96 1 Other consumer loans 4 — 181 2 Total $ 1,350 $ 6 $ 4,984 $ 28
Non-accrual Loans by Classes of Loan Portfolio	The following table presents non-accrual loans by classes of the loan portfolio as of March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 (Dollars in thousands) Commercial and industrial $ 701 $ 705 Commercial mortgage 6 6 Home equity lines of credit — 14 Other consumer loans 4 51 Total loans $ 711 $ 776
Classes of Loan Portfolio within Company's Internal Risk Rating System	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, 2017 and December 31, 2016: March 31, 2017 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Commercial: Commercial and industrial $ 89,872 $ — $ 1,114 $ — $ 90,986 Commercial mortgage 224,026 — 1,637 — 225,663 Commercial construction 23,913 — — — 23,913 Residential mortgage loans 111,014 — — — 111,014 Consumer: Home equity lines of credit 21,740 — — — 21,740 Other consumer loans 14,394 — 4 — 14,398 Total $ 484,959 $ — $ 2,755 $ — $ 487,714 December 31, 2016 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Commercial: Commercial and industrial $ 88,503 $ — $ 1,122 $ — $ 89,625 Commercial mortgage 221,544 — 1,771 — 223,315 Commercial construction 22,408 — — — 22,408 Residential mortgage loans 110,538 — — — 110,538 Consumer: Home equity lines of credit 24,655 — 14 — 24,669 Other consumer loans 17,463 — 51 — 17,514 Total $ 485,111 $ - $ 2,958 $ — $ 488,069
Classes of Loan Portfolio Summarized by Past Due Status	The following tables present the classes of the loan portfolio summarized by the past due status as of March 31, 2017 and December 31, 2016: March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Loans Receivable (Dollars in thousands) Commercial: Commercial and industrial $ 58 $ 41 $ 632 $ 731 $ 90,255 $ 90,986 Commercial mortgage — — 6 6 225,657 225,663 Commercial construction — — — — 23,913 23,913 Residential mortgage loans — 366 — 366 110,648 111,014 Consumer: — Home equity lines of credit — — — — 21,740 21,740 Other consumer loans 13 — 4 17 14,381 14,398 Total $ 71 $ 407 $ 642 $ 1,120 $ 486,594 $ 487,714 December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Loans Receivable (Dollars in thousands) Commercial: Commercial and industrial $ 293 $ 60 $ 632 $ 985 $ 88,640 $ 89,625 Commercial mortgage — — 6 6 223,309 223,315 Commercial construction — — — — 22,408 22,408 Residential mortgage loans — 104 — 104 110,434 110,538 Consumer: Home equity lines of credit — — — — 24,669 24,669 Other consumer loans 17 — 4 21 17,493 17,514 Total $ 310 $ 164 $ 642 $ 1,116 $ 486,953 $ 488,069
Summary of Information Regarding Troubled Debt Restructurings	The following tables summarize the balance of outstanding TDR’s at March 31, 2017 and December 31, 2016: Number of Loans Performing TDR's Non-Performing TDR's Total TDRs (Dollars in thousands) March 31, 2017 Residential mortgage loans 1 $ 637 — $ 637 Total 1 $ 637 $ — $ 637 Number of Loans Performing TDR's Non-Performing TDR's Total TDRs (Dollars in thousands) December 31, 2016 Residential mortgage loans 1 $ 637 — $ 637 Home equity lines of credit 1 — 14 14 Other consumer loans 1 — 20 20 Total 3 $ 637 $ 34 $ 671

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Components of Deposits	The components of deposits at March 31, 2017 and December 31, 2016 are as follows: March 31, December 31, 2017 2016 (Dollars in thousands) Demand, non-interest bearing $ 61,294 $ 54,817 Demand, interest-bearing 51,118 57,168 Money market and savings accounts 112,078 113,655 Time, $100 and over 59,040 45,311 Time, other 184,441 196,737 $ 467,971 $ 467,688
Scheduled Maturities of Time Deposits	At March 31, 2017, the scheduled maturities of time deposits were as follows: (Dollars in thousands) 3/31/2018 $ 119,369 3/31/2019 69,023 3/31/2020 25,575 3/31/2021 12,437 3/31/2022 17,037 Thereafter 40 $ 243,481

Stock Compensation Program (Tab

Stock Compensation Program (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock Option Plan	A summary of the Stock Option Plan is presented below as of March 31, 2017: Options to Purchase Common Shares Weighted Outstanding at beginning of period 955,060 $ 6.35 Forfeited/cancelled during period 2,500 5.94 Expired 7,190 11.21 Outstanding at end of period (1) 945,370 6.31 Exercisable at end of period (1) 347,370 $ 7.67 (1) Included in options outstanding and exercisable at March 31, 2017 are 100,000 organizer options, with an exercise price of $10.00 per share and an expiration date of October 18, 2017, exchanged as part of the 2008 acquisition of Prestige Community Bank which were issued outside of the Program.
Summary of Restricted Stock Award Activity	A summary of restricted stock award activity is presented below for the three months ended March 31, 2017: Shares Outstanding unvested shares at beginning of period 89,450 Shares Granted during period 11,500 Shares Forfeited/cancelled during the period (300 ) Vested Shares during this period ─ Outstanding unvested shares at end of period 100,650

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2017
Banking And Thrift [Abstract]
Schedule of Bank's Capital Amounts and Ratios	The Bank’s capital amounts (dollars in thousands) and ratios at March 31, 2017 and December 31, 2016 are presented below: Actual Minimum Capital Requirement To be Well Capitalized under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio March 31, 2017 Total capital (to risk-weighted assets) $ 57,053 12.23 % $ 37,309 >8.0 % $ >46,637 >10.0 % Tier 1 capital (to risk-weighted assets) 44,473 9.54 >27,982 >6.0 >37,309 >8.0 Tier 1 common equity capital (to risk-weighted assets) 44,473 9.54 >20,987 >4.5 >30,314 >6.5 Tier 1 capital (to total assets) 44,473 7.92 >22,451 >4.0 >28,063 >5.0 December 31, 2016 Total capital (to risk-weighted assets) $ 55,900 12.07 % $ >37,064 >8.0 % $ >46,330 >10.0 % Tier 1 capital (to risk-weighted assets) 43,328 9.35 >27,798 >6.0 >37,064 >8.0 Tier 1 common equity capital (to risk-weighted assets) 43,328 9.35 >20,848 >4.5 >30,114 >6.5 Tier 1 capital (to total assets) 43,328 7.87 >22,023 >4.0 >27,528 >5.0

Fair Value Measurements and F28

Fair Value Measurements and Fair Values of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Summary of Financial Assets Measured at Fair Value 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, 2017 and December 31, 2016 are as follows: Description Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs (Dollars in thousands) As of March 31, 2017: Investment securities available for sale: Obligations of U.S. government agencies and corporations $ 5,985 $ — $ 5,985 $ — Obligations of states and political subdivisions 10,433 — 10,433 — Federal agency mortgage-backed securities 18,076 — 18,076 — Federal agency collateralized mortgage obligations 161 — 161 — Other debt securities 1,566 — 1,566 — Money market mutual fund 559 559 — — Total assets measured at fair value on a recurring basis $ 36,780 $ 559 $ 36,221 $ — As of December 31, 2016: Investment securities available for sale: Obligations of U.S. government agencies and corporations $ 45,987 $ — $ 45,987 $ — Obligations of states and political subdivisions 6,139 — 6,139 — Federal agency mortgage-backed securities 13,720 — 13,720 — Federal agency collateralized mortgage obligations 189 — 189 — Other debt securities 1,530 — 1,530 — Money market mutual fund 2,995 2,995 — — Total assets measured at fair value on a recurring basis $ 70,560 $ 2,995 $ 67,565 $ —
Summary of Financial Assets Measured at Fair Value on Nonrecurring Basis	For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2017 and December 31, 2016 are as follows: Description Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs (Dollars in thousands) As of March 31, 2017: Impaired loans $ 1,222 $ — $ — $ 1,222 Other real estate owned 10 — — 10 Total assets measured at fair value on a nonrecurring basis $ 1,232 $ — $ — $ 1,232 As of December 31, 2016: Impaired loans $ 1,257 $ — $ — $ 1,257 Other real estate owned 679 — — 679 Total assets measured at fair value on a nonrecurring basis $ 1,936 $ — $ — $ 1,936
Quantitative Information about Level 3 Fair Value Measurements	Quantitative information about Level 3 fair value measurements at March 31, 2017 is included in the table below: Fair Value Valuation Techniques Unobservable Inputs Estimated Ratings (Weighted Average) (3) (Dollars in thousands) Impaired loans $ 1,222 Appraisal of real estate collateral (1) Appraisal adjustments(2) 0%-25% (4.80%) Valuation of business assets used as collateral(1) Valuation adjustments(2) 0%-80% (76.42%) Liquidation expenses 0%-23% (11.37%) Other real estate owned $ 10 Appraisal of collateral(1) Appraisal adjustments(2) (43.48%) Liquidation expenses (20.23%) Quantitative information about Level 3 fair value measurements at December 31, 2016 is included in the table below: Fair Value Valuation Techniques Unobservable Inputs Estimated Ratings (Weighted Average) (3) (Dollars in thousands) Impaired loans $ 1,257 Appraisal of real estate collateral (1) Appraisal adjustments(2) 0%-25% (4.87%) Valuation of business assets used as collateral (1) Valuation adjustments(2) 0%-80% (75.32%) Liquidation expenses 0%-10% (8.01%) Other real estate owned $ 679 Appraisal of collateral (1) Appraisal adjustments(2) 0% (0.00%) Liquidation expenses 5%-7% (6.94%) (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which include Level 3 inputs that are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) The range and weighted average of qualitative factors such as economic conditions and estimated liquidation expenses are presented as a percent of the appraised value.
Summary of Estimated Fair Values of Company's Financial Instruments	At March 31, 2017 and December 31, 2016, the estimated fair values of the Company’s financial instruments were as follows: March 31, 2017 Carrying Amount Fair Value Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Cash and cash equivalents $ 44,606 $ 44,606 $ 44,606 $ — $ — Securities available for sale 36,780 36,780 559 36,221 — Securities held to maturity 18,923 19,495 — 19,495 — Loans receivable, net 484,449 489,564 — — 489,564 Restricted stock 3,505 3,505 — 3,505 — Accrued interest receivable 1,760 1,760 — 1,760 — Liabilities: Deposits 467,971 467,777 — 467,777 — Federal Home Loan Bank of Pittsburgh advances 74,364 74,349 — 74,349 — Subordinated debt 9,213 9,312 — 9,312 — Accrued interest payable 594 594 — 594 — Off-balance sheet credit related instruments: Commitments to extend credit — — — — — December 31, 2016 Carrying Amount Fair Value Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Cash and cash equivalents $ 4,761 $ 4,761 $ 4,761 $ — $ — Securities available for sale 70,560 70,560 2,995 67,565 — Securities held to maturity 19,043 19,584 — 19,584 — Loans receivable, net 484,913 490,890 — — 490,890 Restricted stock 3,257 3,257 — 3,257 — Accrued interest receivable 1,817 1,817 — 1,817 — Liabilities: Deposits 467,688 467,616 — 467,616 — Federal Home Loan Bank of Pittsburgh advances 68,164 68,157 — 68,157 — Subordinated debt 9,207 9,273 — 9,273 — Accrued interest payable 510 510 — 510 — Off-balance sheet credit related instruments: Commitments to extend credit — — — — —

Summary of Significant Accoun29

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017USD ($)BranchLoanProduction	Dec. 31, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Summary Of Significant Accounting Policies [Line Items]
Entity date of formation	Feb. 13, 2007
Agreement of reorganization and merger date	May 11, 2007
Number of retail branch office locations | Branch	7
Number of loan production office | LoanProduction	1
Total assets	$ 602,597,000	$ 597,795,000
Total Shareholders' Equity	48,916,000	48,046,000	$ 46,726,000	$ 52,091,000
Purchased credit impairment loans	214,000
Credit impairment loans non-accretable discount difference	362,000
Portion of allowance for loan losses	$ 0
Residential mortgages amortization period, description	Residential mortgages have amortizations up to 30 years
Home equity loans maturity period, description	Home equity loans have maturities of no more than 15 years.
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Commercial real estate percentage of loan to value ratio	80.00%
Residential mortgages amortization period	30 years
Home equity loans maturity period	15 years
Residential mortgages home equity percentage of loan to value ratio	80.00%
Reserve For Off Balance Sheet Activities [Member]
Summary Of Significant Accounting Policies [Line Items]
Reserve for unfunded lending commitments	$ 35,000	$ 35,000
Affinity Merger [Member]
Summary Of Significant Accounting Policies [Line Items]
Net recorded balance of acquired loans from merger	$ 14,200,000
First Priority Bank [Member]
Summary Of Significant Accounting Policies [Line Items]
Entity date of formation	May 25, 2005

Summary of Significant Accoun30

Summary of Significant Accounting Policies - Schedule of Total Reclassifications from Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reclassification Adjustment out Of Accumulated Other Comprehensive Income [Line Items]
Gains on sale of Investment securities	$ (25)	$ (235)
Interest and Dividend Income on taxable securities	(5,740)	(5,036)
Income Tax Expense	363	241
Total reclassification	(20)	(165)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out Of Accumulated Other Comprehensive Income [Line Items]
Income Tax Expense	10	85
Sale of Investment Securities Available for Sale | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out Of Accumulated Other Comprehensive Income [Line Items]
Gains on sale of Investment securities	(25)	(235)
Amortization Of Unrealized Holding Losses On Securities Transferred From Available For Sale To Held To Maturity | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out Of Accumulated Other Comprehensive Income [Line Items]
Interest and Dividend Income on taxable securities	$ (5)	$ (15)

Summary of Significant Accoun31

Summary of Significant Accounting Policies - Schedule of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net unrealized gain (losses) on available for sale securities	$ 196	$ 535
Total	68		$ (42)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net unrealized gain (losses) on available for sale securities	64		(50)
Net unrealized holding gains on securities transferred from available for sale to held to maturity	4		8
Total	$ 68		$ (42)

Recently Issued Accounting St32

Recently Issued Accounting Standards - Additional Information (Detail) - Accounting Standards Update2016-02 $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)Lease
Item Effected [Line Items]
Number of leases classified as operating leases | Lease	8
Estimated right-of-use asset and corresponding lease liability | $	$ 4

Earnings Per Common Share - Add

Earnings Per Common Share - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Anti-dilutive securities not included in the computation of diluted earnings per common share	161,529	463,560

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of Calculations of Basic and Diluted Earnings per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income	$ 782	$ 531
Less: preferred stock dividends	(77)	(177)
Income to Common Shareholders	$ 705	$ 354
Average basic common shares outstanding	6,534	6,496
Effect of dilutive stock options	171	33
Average number of common shares used to calculate diluted earnings per common share	6,705	6,529
Basic earnings per common share	$ 0.11	$ 0.05
Diluted earnings per common share	$ 0.11	$ 0.05

Earnings Per Common Share - S35

Earnings Per Common Share - Schedule of Amount of Preferred Stock Dividends Related to Each Series of Preferred Stock (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Class Of Stock [Line Items]
Preferred dividends	$ 77	$ 177
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred dividends		77
Series B Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred dividends		4
Series C Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred dividends	$ 77	$ 96

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Investments Debt And Equity Securities [Abstract]
Net unrealized holding gains amortized adjustment related to debt securities, before taxes	$ 7		$ 12
Gross gains on sale of available for sale securities	25	$ 235
Securities pledged to secure public fund deposits	52,800		42,000
Securities pledged to secure borrowings	$ 40		$ 40

Securities - Summary of Amortiz

Securities - Summary of Amortized Cost, Unrealized Gains and Losses, and Estimated Fair Value of Company's Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 36,684	$ 70,635
Gross Unrealized Gains	240	117
Gross Unrealized Losses	(144)	(192)
Fair Value	36,780	70,560
Obligations of U.S. Government Agencies and Corporations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	5,987	45,984
Gross Unrealized Gains	5	8
Gross Unrealized Losses	(7)	(5)
Fair Value	5,985	45,987
Obligations of States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	10,330	6,103
Gross Unrealized Gains	117	46
Gross Unrealized Losses	(14)	(10)
Fair Value	10,433	6,139
Federal Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	18,146	13,863
Gross Unrealized Gains	52	33
Gross Unrealized Losses	(122)	(176)
Fair Value	18,076	13,720
Federal Agency Collateralized Mortgage Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	162	190
Gross Unrealized Losses	(1)	(1)
Fair Value	161	189
Other Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	1,500	1,500
Gross Unrealized Gains	66	30
Fair Value	1,566	1,530
Money Market Mutual Fund [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	559	2,995
Fair Value	$ 559	$ 2,995

Securities - Summary of Amort38

Securities - Summary of Amortized Cost, Unrealized Gains and Losses, and Estimated Fair Value of Company's Investment Securities Held to Maturity (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	$ 18,923	$ 19,043
Gross Unrealized Gains	615	574
Gross Unrealized Losses	(43)	(33)
Securities held to maturity, fair value	19,495	19,584
Obligations of States and Political Subdivisions [Member]
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	18,441	18,561
Gross Unrealized Gains	587	561
Gross Unrealized Losses	(43)	(33)
Securities held to maturity, fair value	18,985	19,089
Other Debt Securities [Member]
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	482	482
Gross Unrealized Gains	28	13
Securities held to maturity, fair value	$ 510	$ 495

Securities - Schedule of Aggreg

Securities - Schedule of Aggregate Unrealized Losses and Aggregate Fair Value of Underlying Securities Available for Sale (Detail) $ in Thousands	Mar. 31, 2017USD ($)Positions	Dec. 31, 2016USD ($)Positions
Schedule Of Available For Sale Securities [Line Items]
Available for Sale, Fair Value Less than 12 Months	$ 18,115	$ 14,810
Available for Sale, Unrealized Losses Less than 12 Months	$ (135)	$ (181)
Available for Sale, Count Less than 12 Months | Positions	17	16
Available for Sale, Fair Value More than 12 Months	$ 907	$ 911
Available for Sale, Unrealized Losses More than 12 Months	$ (9)	$ (11)
Available for Sale, Count More than 12 Months | Positions	2	2
Available for Sale, Total Fair Value	$ 19,022	$ 15,721
Available for Sale, Total Unrealized Losses	$ (144)	$ (192)
Available for Sale, Total Count | Positions	19	18
Obligations of U.S. Government Agencies and Corporations [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for Sale, Fair Value Less than 12 Months	$ 3,984	$ 3,984
Available for Sale, Unrealized Losses Less than 12 Months	$ (7)	$ (5)
Available for Sale, Count Less than 12 Months | Positions	4	4
Available for Sale, Total Fair Value	$ 3,984	$ 3,984
Available for Sale, Total Unrealized Losses	$ (7)	$ (5)
Available for Sale, Total Count | Positions	4	4
Obligations of States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for Sale, Fair Value Less than 12 Months	$ 933
Available for Sale, Unrealized Losses Less than 12 Months	$ (6)
Available for Sale, Count Less than 12 Months | Positions	2
Available for Sale, Fair Value More than 12 Months	$ 868	$ 872
Available for Sale, Unrealized Losses More than 12 Months	$ (8)	$ (10)
Available for Sale, Count More than 12 Months | Positions	1	1
Available for Sale, Total Fair Value	$ 1,801	$ 872
Available for Sale, Total Unrealized Losses	$ (14)	$ (10)
Available for Sale, Total Count | Positions	3	1
Federal Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for Sale, Fair Value Less than 12 Months	$ 13,037	$ 10,667
Available for Sale, Unrealized Losses Less than 12 Months	$ (121)	$ (175)
Available for Sale, Count Less than 12 Months | Positions	9	11
Available for Sale, Fair Value More than 12 Months	$ 39	$ 39
Available for Sale, Unrealized Losses More than 12 Months	$ (1)	$ (1)
Available for Sale, Count More than 12 Months | Positions	1	1
Available for Sale, Total Fair Value	$ 13,076	$ 10,706
Available for Sale, Total Unrealized Losses	$ (122)	$ (176)
Available for Sale, Total Count | Positions	10	12
Federal Agency Collateralized Mortgage Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for Sale, Fair Value Less than 12 Months	$ 161	$ 159
Available for Sale, Unrealized Losses Less than 12 Months	$ (1)	$ (1)
Available for Sale, Count Less than 12 Months | Positions	2	1
Available for Sale, Total Fair Value	$ 161	$ 159
Available for Sale, Total Unrealized Losses	$ (1)	$ (1)
Available for Sale, Total Count | Positions	2	1

Securities - Schedule of Aggr40

Securities - Schedule of Aggregate Unrealized Losses and Aggregate Fair Value of Underlying Securities Held to Maturity (Detail) $ in Thousands	Mar. 31, 2017USD ($)Positions	Dec. 31, 2016USD ($)Positions
Schedule Of Held To Maturity Securities [Line Items]
Held to Maturity, Fair Value Less than 12 Months	$ 2,494	$ 2,289
Held to Maturity, Unrealized Losses Less than 12 Months	$ (43)	$ (33)
Held to Maturity, Count Less than 12 Months | Positions	7	7
Held to Maturity, Total Fair Value	$ 2,494	$ 2,289
Held to Maturity, Total Unrealized Losses	$ (43)	$ (33)
Held to Maturity, Total Count | Positions	7	7
Obligations of States and Political Subdivisions [Member]
Schedule Of Held To Maturity Securities [Line Items]
Held to Maturity, Fair Value Less than 12 Months	$ 2,494	$ 2,289
Held to Maturity, Unrealized Losses Less than 12 Months	$ (43)	$ (33)
Held to Maturity, Count Less than 12 Months | Positions	7	7
Held to Maturity, Total Fair Value	$ 2,494	$ 2,289
Held to Maturity, Total Unrealized Losses	$ (43)	$ (33)
Held to Maturity, Total Count | Positions	7	7

Securities - Summary of Amort41

Securities - Summary of Amortized Cost and Fair Value of Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost, Due after one year through five years, Available for Sale Securities	$ 6,863
Amortized Cost, Due after five years through ten years, Available for Sale Securities	1,500
Amortized Cost, Due after ten years, Available for Sale Securities	9,454
Total Amortized Cost, Available for Sale Securities	17,817
Securities available for sale, amortized cost	36,684
Fair Value, Due after one year through five years, Available for Sale Securities	6,853
Fair Value, Due after five years through ten years, Available for Sale Securities	1,566
Fair Value, Due after ten years, Available for Sale Securities	9,565
Total Fair Value, Available for Sale Securities	17,984
Fair Value	36,780
Amortized Cost, Due after one year through five years, Held to Maturity	705
Amortized Cost, Due after five years through ten years, Held to Maturity	1,076
Amortized Cost, Due after ten years, Held to Maturity	17,142
Total Amortized Cost, Held to Maturity	18,923
Held to Maturity, Amortized Cost	18,923	$ 19,043
Fair Value, Due after one year through five years, Held to Maturity	699
Fair Value, Due after five years through ten years, Held to Maturity	1,099
Fair Value, Due after ten years, Held to Maturity	17,697
Total Fair Value, Held to Maturity	19,495
Held to Maturity, Fair Value	19,495	$ 19,584
Federal Agency Collateralized Mortgage Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Securities available for sale, amortized cost	162
Fair Value	161
Federal Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Securities available for sale, amortized cost	18,146
Fair Value	18,076
Money Market Mutual Fund [Member]
Schedule Of Available For Sale Securities [Line Items]
Securities available for sale, amortized cost	559
Fair Value	$ 559

Loans Receivable and Related 42

Loans Receivable and Related Allowance for Loan Losses - Summary of Loans Receivable (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Commercial:
Commercial and industrial	$ 90,986	$ 89,625
Commercial mortgage	225,663	223,315
Commercial construction	23,913	22,408
Total commercial	340,562	335,348
Residential mortgage loans	111,014	110,538
Consumer:
Home equity lines of credit	21,740	24,669
Other consumer loans	14,398	17,514
Total consumer	36,138	42,183
Total loans	487,714	488,069
Allowance for loan losses	(3,332)	(3,330)	$ (2,783)	$ (2,795)
Net deferred loan cost	67	174
Net loans	$ 484,449	$ 484,913

Loans Receivable and Related 43

Loans Receivable and Related Allowance for Loan Losses - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended
	Jun. 30, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Aug. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Purchase of performing commercial loans					$ 64,600,000
Purchased performing residential real estate loans	$ 12,700,000
Non-accruing loans interest income not yet recognized		$ 19,000	$ 32,000
Loans past due 90 days or more and still accruing interest		0		$ 0
Commitments to lend additional funds		0		$ 0
Foreclosed residential real estate properties		568,000
Commercial Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Acquisition premiums					$ 197,000
Residential Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Acquisition premiums	$ 280,000
Foreclosed residential real estate properties		$ 0

Loans Receivable and Related 44

Loans Receivable and Related Allowance for Loan Losses - Activity in Allowance for Loan Losses by Loan Class (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	$ 3,330	$ 2,795
Allowance for Loan Losses, Charge-offs	(24)	(147)
Allowance for Loan Losses, Recoveries	16	25
Allowance for Loan Losses, Provision for loan losses	10	110
Allowance for Loan Losses, Ending Balance	3,332	2,783
Residential Mortgage Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	452	259
Allowance for Loan Losses, Provision for loan losses	(2)	(11)
Allowance for Loan Losses, Ending Balance	450	248
Home Equity Lines of Credit [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	188	167
Allowance for Loan Losses, Recoveries		5
Allowance for Loan Losses, Provision for loan losses	(23)	(18)
Allowance for Loan Losses, Ending Balance	165	154
Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	647	631
Allowance for Loan Losses, Recoveries		17
Allowance for Loan Losses, Provision for loan losses	11	24
Allowance for Loan Losses, Ending Balance	658	672
Commercial Mortgage [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	1,051	831
Allowance for Loan Losses, Charge-offs		(72)
Allowance for Loan Losses, Provision for loan losses	57	60
Allowance for Loan Losses, Ending Balance	1,108	819
Commercial Construction [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	113	56
Allowance for Loan Losses, Provision for loan losses	12	11
Allowance for Loan Losses, Ending Balance	125	67
Other Consumer Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	97	84
Allowance for Loan Losses, Charge-offs	(24)	(75)
Allowance for Loan Losses, Recoveries	16	3
Allowance for Loan Losses, Provision for loan losses		47
Allowance for Loan Losses, Ending Balance	89	59
Unallocated [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Beginning Balance	782	767
Allowance for Loan Losses, Provision for loan losses	(45)	(3)
Allowance for Loan Losses, Ending Balance	$ 737	$ 764

Loans Receivable and Related 45

Loans Receivable and Related Allowance for Loan Losses - Balance in Allowance for Loan Losses Disaggregated on Basis of Company's Impairment Method (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	$ 3,332	$ 3,330	$ 2,783	$ 2,795
Allowance for Loan Losses, Ending Balance: Individually Evaluated for Impairment	47	47
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	3,285	3,283
Total loans	487,714	488,069
Loans Receivable, Ending Balance: Individually Evaluated for Impairment	1,348	1,413
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	486,366	486,656
Residential Mortgage Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	450	452	248	259
Allowance for Loan Losses, Ending Balance: Individually Evaluated for Impairment	47	47
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	403	405
Total loans	111,014	110,538
Loans Receivable, Ending Balance: Individually Evaluated for Impairment	637	637
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	110,377	109,901
Home Equity Lines of Credit [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	165	188	154	167
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	165	188
Total loans	21,740	24,669
Loans Receivable, Ending Balance: Individually Evaluated for Impairment		14
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	21,740	24,655
Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	658	647	672	631
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	658	647
Total loans	90,986	89,625
Loans Receivable, Ending Balance: Individually Evaluated for Impairment	701	705
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	90,285	88,920
Commercial Mortgage [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	1,108	1,051	819	831
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	1,108	1,051
Total loans	225,663	223,315
Loans Receivable, Ending Balance: Individually Evaluated for Impairment	6	6
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	225,657	223,309
Commercial Construction [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	125	113	67	56
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	125	113
Total loans	23,913	22,408
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	23,913	22,408
Other Consumer Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	89	97	59	84
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	89	97
Total loans	14,398	17,514
Loans Receivable, Ending Balance: Individually Evaluated for Impairment	4	51
Loans Receivable, Ending Balance: Collectively Evaluated for Impairment	14,394	17,463
Unallocated [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Ending Balance	737	782	$ 764	$ 767
Allowance for Loan Losses, Ending Balance: Collectively Evaluated for Impairment	$ 737	$ 782

Loans Receivable and Related 46

Loans Receivable and Related Allowance for Loan Losses - Summary of Impaired Loans by Loan Portfolio Class (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Total, Related Allowance	$ 47	$ 47
Net recorded investment	1,348	1,413
Total, Unpaid Principle Balance	1,965	2,058
Total, Average Recorded Investment	1,350	4,984
Total, Interest Income Recognized	6	28
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	701	705
With no related allowance recorded, Unpaid Principle Balance	1,267	1,268
Net recorded investment	701	705
Total, Unpaid Principle Balance	1,267	1,268
With no related allowance recorded, Average Recorded Investment	703	975
With an allowance recorded, Average Recorded Investment		1,103
With an allowance recorded, Interest Income Recognized		2
Total, Average Recorded Investment	703	2,078
Total, Interest Income Recognized		2
Commercial Mortgage [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	6	6
With no related allowance recorded, Unpaid Principle Balance	57	57
Net recorded investment	6	6
Total, Unpaid Principle Balance	57	57
With no related allowance recorded, Average Recorded Investment	6	1,447
With no related allowance recorded, Interest Income Recognized		14
With an allowance recorded, Average Recorded Investment		514
With an allowance recorded, Interest Income Recognized		3
Total, Average Recorded Investment	6	1,961
Total, Interest Income Recognized		17
Other Consumer Loans [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	4	51
With no related allowance recorded, Unpaid Principle Balance	4	80
Net recorded investment	4	51
Total, Unpaid Principle Balance	4	80
With no related allowance recorded, Average Recorded Investment	4	181
With no related allowance recorded, Interest Income Recognized		2
Total, Average Recorded Investment	4	181
Total, Interest Income Recognized		2
Residential Mortgage Loans [Member]
Financing Receivable, Impaired [Line Items]
Total, Related Allowance	47	47
With an allowance recorded, Recorded Investment	637	637
With an allowance recorded, Unpaid Principle Balance	637	637
Net recorded investment	637	637
Total, Unpaid Principle Balance	637	637
With no related allowance recorded, Average Recorded Investment		31
With an allowance recorded, Average Recorded Investment	637	637
With an allowance recorded, Interest Income Recognized	6	6
Total, Average Recorded Investment	637	668
Total, Interest Income Recognized	$ 6	6
Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment		14
With no related allowance recorded, Unpaid Principle Balance		16
Net recorded investment		14
Total, Unpaid Principle Balance		16
With no related allowance recorded, Average Recorded Investment		96
With no related allowance recorded, Interest Income Recognized		1
Total, Average Recorded Investment		96
Total, Interest Income Recognized		$ 1

Loans Receivable and Related 47

Loans Receivable and Related Allowance for Loan Losses - Non-accrual Loans by Classes of Loan Portfolio (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Non-accrual loans	$ 711	$ 776
Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Non-accrual loans	701	705
Commercial Mortgage [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Non-accrual loans	6	6
Other Consumer Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Non-accrual loans	$ 4	51
Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Non-accrual loans		$ 14

Loans Receivable and Related 48

Loans Receivable and Related Allowance for Loan Losses - Classes of Loan Portfolio within Company's Internal Risk Rating System (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Commercial:
Commercial and industrial	$ 90,986	$ 89,625
Commercial mortgage	225,663	223,315
Commercial construction	23,913	22,408
Residential mortgage loans	111,014	110,538
Consumer:
Home equity lines of credit	21,740	24,669
Other consumer loans	14,398	17,514
Total loans	487,714	488,069
Pass [Member]
Commercial:
Commercial and industrial	89,872	88,503
Commercial mortgage	224,026	221,544
Commercial construction	23,913	22,408
Residential mortgage loans	111,014	110,538
Consumer:
Home equity lines of credit	21,740	24,655
Other consumer loans	14,394	17,463
Total loans	484,959	485,111
Substandard [Member]
Commercial:
Commercial and industrial	1,114	1,122
Commercial mortgage	1,637	1,771
Consumer:
Home equity lines of credit		14
Other consumer loans	4	51
Total loans	$ 2,755	$ 2,958

Loans Receivable and Related 49

Loans Receivable and Related Allowance for Loan Losses - Classes of Loan Portfolio Summarized by Past Due Status (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 1,120	$ 1,116
Current	486,594	486,953
Total loans	487,714	488,069
30-59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	71	310
60-89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	407	164
Greater Than 90 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	642	642
Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	366	104
Current	110,648	110,434
Total loans	111,014	110,538
Residential Mortgage Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	366	104
Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Current	21,740	24,669
Total loans	21,740	24,669
Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	731	985
Current	90,255	88,640
Total loans	90,986	89,625
Commercial and Industrial [Member] | 30-59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	58	293
Commercial and Industrial [Member] | 60-89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	41	60
Commercial and Industrial [Member] | Greater Than 90 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	632	632
Commercial Mortgage [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	6	6
Current	225,657	223,309
Total loans	225,663	223,315
Commercial Mortgage [Member] | Greater Than 90 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	6	6
Commercial Construction [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Current	23,913	22,408
Total loans	23,913	22,408
Other Consumer Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	17	21
Current	14,381	17,493
Total loans	14,398	17,514
Other Consumer Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	13	17
Other Consumer Loans [Member] | Greater Than 90 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 4	$ 4

Loans Receivable and Related 50

Loans Receivable and Related Allowance for Loan Losses - Summary of Outstanding Troubled Debt Restructurings (Detail) $ in Thousands	Mar. 31, 2017USD ($)loan	Dec. 31, 2016USD ($)loan
Financing Receivable Modifications [Line Items]
Number of Loans | loan	1	3
Total TDRs	$ 637	$ 671
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Loans | loan		1
Total TDRs		$ 20
Performing [Member]
Financing Receivable Modifications [Line Items]
Total TDRs	$ 637	637
Non-Performing [Member]
Financing Receivable Modifications [Line Items]
Total TDRs		34
Non-Performing [Member] | Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Total TDRs		$ 20
Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Loans | loan	1	1
Total TDRs	$ 637	$ 637
Residential Mortgage Loans [Member] | Performing [Member]
Financing Receivable Modifications [Line Items]
Total TDRs	$ 637	$ 637
Home Equity Lines of Credit [Member]
Financing Receivable Modifications [Line Items]
Number of Loans | loan		1
Total TDRs		$ 14
Home Equity Lines of Credit [Member] | Non-Performing [Member]
Financing Receivable Modifications [Line Items]
Total TDRs		$ 14

Deposits - Components of Deposi

Deposits - Components of Deposits (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Deposits [Abstract]
Demand, non-interest bearing	$ 61,294	$ 54,817
Demand, interest-bearing	51,118	57,168
Money market and savings accounts	112,078	113,655
Time, $100 and over	59,040	45,311
Time, other	184,441	196,737
Total deposits	$ 467,971	$ 467,688

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Deposits [Abstract]
Brokered deposits	$ 117,000	$ 138,800
FDIC insurance limit	250	250
Time deposits in excess of FDIC Insurance limit	$ 12,100	$ 8,000

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Time Deposits (Detail) $ in Thousands	Mar. 31, 2017USD ($)
Time Deposits Rolling Year Maturity [Abstract]
3/31/2018	$ 119,369
3/31/2019	69,023
3/31/2020	25,575
3/31/2021	12,437
3/31/2022	17,037
Thereafter	40
Total time deposits	$ 243,481

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Jan. 22, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	May 04, 2016	Dec. 31, 2015
Class Of Stock [Line Items]
Common stock, shares authorized		20,000,000		20,000,000	20,000,000	10,000,000
Common stock, par value		$ 1		$ 1	$ 1
Preferred stock, shares outstanding		3,404		3,404
Preferred stock, value outstanding		$ 3,400		$ 3,400
Preferred stock, dividend rate		9.00%		9.00%
Preferred Stock, redemption amount	$ 6,000		$ 6,000
Preferred Stock, redemption price per share	$ 1,016.75
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred Stock, redemption price per share	$ 1,000
Preferred stock, shares redeemed	4,579
Series B Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred Stock, redemption price per share	$ 1,000
Preferred stock, shares redeemed	229
Series C Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock, shares outstanding		3,404		3,404
Preferred stock, dividend rate		9.00%		9.00%
Preferred stock, shares redeemed	1,192
Preferred stock pro rata percentage shares redeemed	25.90%
Preferred stock, shares issued	4,596	3,404		3,404
Preferred stock, par value	$ 1,000	$ 100		$ 100

Stock Compensation Program - Ad

Stock Compensation Program - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Compensation Program, aggregate maximum number of share to grant	1,207,957
Vesting period of granted stock options	4 years
Description of options termination from the date of grant	Terminate ten years from the date of the grant
Weighted average remaining contractual life, outstanding stock options	5 years 7 months 17 days	2 years 9 months 15 days
Weighted average remaining contractual life, exercisable stock options	5 years 10 months 2 days	2 years 11 months 23 days
Options outstanding, intrinsic value	$ 1,900,000	$ 705,000
Options exercisable, intrinsic value	$ 438,000	$ 150,000
Forfeiture rate percentage	10.00%
Stock options outstanding	945,370	955,060
Unrecognized compensation cost	$ 206,000
Weighted average period for cost is expected to be recognized	2 years 4 months 17 days
Tax benefit recognized related to stock-based compensation	$ 0
Stock options issued under Severance Plan	355,000
Unrecognized Compensation Cost for Shares Issued and Restricted under the Severance Plan	$ 576,000
Options, cancelled, Shares	2,500
Unrecognized compensation cost amortized period	Jun. 28, 2020
Performance Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options outstanding	44,000
Shares issued to various employees is included in options granted			99,000
Options, cancelled, Shares			55,000
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation cost related to restricted stock	$ 378,000
Restricted Stock [Member] | Employee [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period of granted stock options	3 years
Affinity Bancorp, Inc [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares authorized for grant	382,957
Weighted average remaining contractual life, exercisable stock options	3 years 15 days
Business combination shares exchange ratio	0.9813%
Stock options outstanding	38,270
Average Exercise Price - Options Granted this period	$ 9.08

Stock Compensation Program - Su

Stock Compensation Program - Summary of Stock Option Plan (Detail)	3 Months Ended
	Mar. 31, 2017$ / sharesshares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Options, Beginning balance, Options to Purchase Common Shares | shares	955,060
Options, Forfeited/cancelled, Options to Purchase Common Shares | shares	2,500
Options, expired, Options to Purchase Common Shares | shares	7,190
Options, Ending balance, Options to Purchase Common Shares | shares	945,370
Options, Exercisable, Options to Purchase Common Shares | shares	347,370
Options, Beginning balance, Weighted Average Exercise Price | $ / shares	$ 6.35
Options, Forfeited/cancelled, Weighted Average Exercise Price | $ / shares	5.94
Options, Expired, Weighted Average Exercise Price | $ / shares	11.21
Options, Ending balance, Weighted Average Exercise Price | $ / shares	6.31
Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 7.67

Stock Compensation Program - 57

Stock Compensation Program - Summary of Stock Option Plan (Parenthetical) (Detail) - $ / shares	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options outstanding	945,370	955,060
Options, Exercisable, Options to Purchase Common Shares	347,370
Options, Exercisable, Weighted Average Exercise Price	$ 7.67
Options outstanding, exercise price	$ 6.31	$ 6.35
Organizer Options [Member] | 2008 Acquisition of Prestige [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options outstanding	100,000
Options, Exercisable, Options to Purchase Common Shares	100,000
Options, Exercisable, Weighted Average Exercise Price	$ 10
Options outstanding, exercise price	$ 10
Options, expiration date	Oct. 18, 2017

Stock Compensation Program - 58

Stock Compensation Program - Summary of Restricted Stock Award Activity (Detail) - Restricted Stock [Member]	3 Months Ended
	Mar. 31, 2017shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock award, Beginning balance, Unvested shares	89,450
Restricted stock award, Granted, Shares	11,500
Restricted stock award, Forfeited/cancelled, Shares	(300)
Restricted stock award, Ending balance, Unvested shares	100,650

Financial Instruments with Of59

Financial Instruments with Off-Balance Sheet Risk - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Federal Home Loan Bank of Pittsburgh [Member]
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit	$ 16,000	$ 16,000
Financial Standby Letters of Credit [Member]
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit	1,700	1,700
Lines of Credit [Member]
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Commitments issued under lines of credit	107,800	98,200
Performance Standby Letters of Credit [Member]
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit	$ 982	$ 958

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail)	Jan. 01, 2019	Mar. 31, 2017	Dec. 31, 2016
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Tier One Risk Based Capital Required To Be Adequately Capitalized		6.00%	6.00%
Tier One Risk Based Capital Required To Be Well Capitalized		8.00%	8.00%
Tier 1 common equity capital (to risk-weighted assets), Minimum Capital Requirement Ratio		4.50%	4.50%
Tier 1 common equity capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Ratio		6.50%	6.50%
Total capital (to risk-weighted assets), Minimum Capital Requirement Ratio		8.00%	8.00%
Total capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Ratio		10.00%	10.00%
Tier 1 capital (to total assets), Minimum Capital Requirement Ratio		4.00%	4.00%
Tier 1 capital (to total assets), To be Well Capitalized under Prompt Corrective Action Provisions Ratio		5.00%	5.00%
Tier 1 risk based capital required capital conservation buffer ratio		1.25%	0.625%
Tier 1 common equity capital ratio minimum requirement		5.75%	5.125%
Tier 1 capital ratio minimum requirement		7.25%	6.625%
Tier 1 total capital ratio minimum requirement		9.25%	8.625%
Scenario, Forecast [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Tier 1 common equity capital ratio	7.00%
Tier 1 capital ratio	8.50%
Tier 1 total capital ratio	10.50%
Dodd Frank Act
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Tier One Risk Based Capital Required To Be Adequately Capitalized		6.00%
Tier One Risk Based Capital Required To Be Well Capitalized		8.00%

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Bank's Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Total capital (to risk-weighted assets), Actual Amount	$ 57,053	$ 55,900
Tier 1 capital (to risk-weighted assets), Actual Amount	44,473	43,328
Tier 1 common equity capital (to risk-weighted assets), Actual Amount	44,473	43,328
Tier 1 capital (to total assets), Actual Amount	$ 44,473	$ 43,328
Total capital (to risk-weighted assets), Actual Ratio	12.23%	12.07%
Tier 1 capital (to risk-weighted assets), Actual Ratio	9.54%	9.35%
Tier 1 common equity capital (to risk-weighted assets), Actual Ratio	9.54%	9.35%
Tier 1 capital (to total assets), Actual Ratio	7.92%	7.87%
Total capital (to risk-weighted assets), Minimum Capital Requirement Amount	$ 37,309	$ 37,064
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement Amount	27,982	27,798
Tier 1 common equity capital (to risk-weighted assets), Minimum Capital Requirement Amount	20,987	20,848
Tier 1 capital (to total assets), Minimum Capital Requirement Amount	$ 22,451	$ 22,023
Total capital (to risk-weighted assets), Minimum Capital Requirement Ratio	8.00%	8.00%
Tier One Risk Based Capital Required To Be Adequately Capitalized	6.00%	6.00%
Tier 1 common equity capital (to risk-weighted assets), Minimum Capital Requirement Ratio	4.50%	4.50%
Tier 1 capital (to total assets), Minimum Capital Requirement Ratio	4.00%	4.00%
Total capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 46,637	$ 46,330
Tier 1 capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Amount	37,309	37,064
Tier 1 common equity capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Amount	30,314	30,114
Tier 1 capital (to total assets), To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 28,063	$ 27,528
Total capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Tier One Risk Based Capital Required To Be Well Capitalized	8.00%	8.00%
Tier 1 common equity capital (to risk-weighted assets), To be Well Capitalized under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 capital (to total assets), To be Well Capitalized under Prompt Corrective Action Provisions Ratio	5.00%	5.00%

Fair Value Measurements and F62

Fair Value Measurements and Fair Values of Financial Instruments - Summary of Financial Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	$ 36,780	$ 70,560
Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	5,985	45,987
Obligations of States and Political Subdivisions [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	10,433	6,139
Federal Agency Mortgage-Backed Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	18,076	13,720
Federal Agency Collateralized Mortgage Obligations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	161	189
Other Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	1,566	1,530
Money Market Mutual Fund [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	559	2,995
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	559	2,995
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Money Market Mutual Fund [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	559	2,995
(Level 2) Significant Other Observable Inputs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	36,221	67,565
(Level 2) Significant Other Observable Inputs [Member] | Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	5,985	45,987
(Level 2) Significant Other Observable Inputs [Member] | Obligations of States and Political Subdivisions [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	10,433	6,139
(Level 2) Significant Other Observable Inputs [Member] | Federal Agency Mortgage-Backed Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	18,076	13,720
(Level 2) Significant Other Observable Inputs [Member] | Federal Agency Collateralized Mortgage Obligations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	161	189
(Level 2) Significant Other Observable Inputs [Member] | Other Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a recurring basis	$ 1,566	$ 1,530

Fair Value Measurements and F63

Fair Value Measurements and Fair Values of Financial Instruments - Summary of Financial Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	$ 1,232	$ 1,936
Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,222	1,257
Other Real Estate Owned [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	10	679
(Level 3) Significant Unobservable Inputs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,232	1,936
(Level 3) Significant Unobservable Inputs [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,222	1,257
(Level 3) Significant Unobservable Inputs [Member] | Other Real Estate Owned [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	$ 10	$ 679

Fair Value Measurements and F64

Fair Value Measurements and Fair Values of Financial Instruments - Quantitative Information about Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset at fair Value	$ 1,232	$ 1,936
(Level 3) Significant Unobservable Inputs [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset at fair Value	1,232	1,936
Impaired Loans [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset at fair Value	$ 1,222	$ 1,257
Impaired Loans [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Estimated Ratings, maximum	23.00%	10.00%
Estimated Ratings Weighted Average, Liquidation expenses	11.37%	8.01%
Asset at fair Value	$ 1,222	$ 1,257
Unobservable Inputs	Liquidation expenses
Estimated Ratings, minimum	0.00%	0.00%
Impaired Loans [Member] | Appraisal of Real Estate Collateral [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Valuation Techniques	Appraisal of real estate collateral
Impaired Loans [Member] | Appraisal of Real Estate Collateral [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Estimated Ratings, maximum	25.00%	25.00%
Estimated Ratings Weighted Average, Appraisal adjustments	4.80%	4.87%
Unobservable Inputs	Appraisal adjustments
Estimated Ratings, minimum	0.00%	0.00%
Impaired Loans [Member] | Valuation of Business Assets Used as Collateral [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Valuation Techniques	Valuation of business assets used as collateral
Impaired Loans [Member] | Valuation of Business Assets Used as Collateral [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Estimated Ratings, maximum	80.00%	80.00%
Estimated Ratings Weighted Average, Valuation adjustments	76.42%	75.32%
Unobservable Inputs	Valuation adjustments
Estimated Ratings, minimum	0.00%	0.00%
Other Real Estate Owned [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset at fair Value	$ 10	$ 679
Other Real Estate Owned [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Estimated Ratings, maximum		7.00%
Estimated Ratings Weighted Average, Liquidation expenses	20.23%	6.94%
Asset at fair Value	$ 10	$ 679
Unobservable Inputs	Liquidation expenses
Estimated Ratings, minimum		5.00%
Other Real Estate Owned [Member] | Appraisal of Collateral [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Valuation Techniques	Appraisal of collateral
Other Real Estate Owned [Member] | Appraisal of Collateral [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Estimated Ratings, maximum		0.00%
Estimated Ratings Weighted Average, Appraisal adjustments	43.48%	0.00%
Unobservable Inputs	Appraisal adjustments
Estimated Ratings, minimum		0.00%

Fair Value Measurements and F65

Fair Value Measurements and Fair Values of Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Other real estate owned	$ 662	$ 1,486
Impaired loan balances	1,348	1,413
Total, Related Allowance	47	47
Impaired Loans Fair Value with Allowance Recorded [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Impaired loan balances	637	637
Total, Related Allowance	47	46
Impaired Loans Fair Value with no Related Allowance Recorded [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Impaired loan balances	737	862
Net of partial charge-offs	105	196
Portion at Fair Value Measurement [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Other real estate owned	32	1,200
Other Real Estate Owned [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Valuation allowance	$ 22	$ 520

Fair Value Measurements and F66

Fair Value Measurements and Fair Values of Financial Instruments - Summary of Estimated Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Fair Value	$ 36,780	$ 70,560
Held to Maturity, Fair Value	19,495	19,584
Carrying Amount [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	44,606	4,761
Fair Value	36,780	70,560
Held to Maturity, Fair Value	18,923	19,043
Loans receivable, net	484,449	484,913
Restricted stock	3,505	3,257
Accrued interest receivable	1,760	1,817
Deposits	467,971	467,688
Federal Home Loan Bank of Pittsburgh advances	74,364	68,164
Subordinated debt	9,213	9,207
Accrued interest payable	594	510
Portion at Fair Value Measurement [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	44,606	4,761
Fair Value	36,780	70,560
Held to Maturity, Fair Value	19,495	19,584
Loans receivable, net	489,564	490,890
Restricted stock	3,505	3,257
Accrued interest receivable	1,760	1,817
Deposits	467,777	467,616
Federal Home Loan Bank of Pittsburgh advances	74,349	68,157
Subordinated debt	9,312	9,273
Accrued interest payable	594	510
Portion at Fair Value Measurement [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	44,606	4,761
Fair Value	559	2,995
Portion at Fair Value Measurement [Member] | (Level 2) Significant Other Observable Inputs [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Fair Value	36,221	67,565
Held to Maturity, Fair Value	19,495	19,584
Restricted stock	3,505	3,257
Accrued interest receivable	1,760	1,817
Deposits	467,777	467,616
Federal Home Loan Bank of Pittsburgh advances	74,349	68,157
Subordinated debt	9,312	9,273
Accrued interest payable	594	510
Portion at Fair Value Measurement [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Loans receivable, net	$ 489,564	$ 490,890