Cordia Bancorp 10-Q 9 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 04, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	Cordia Bancorp Inc
Entity Central Index Key	1,466,292
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	BVA
Entity Common Stock, Shares Outstanding		6,562,906

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 9,437	$ 5,484
Federal funds sold and interest-bearing deposits with banks	15,970	16,363
Total cash and cash equivalents	25,407	21,847
Securities available for sale, at fair value	48,721	53,483
Securities held to maturity, at cost (fair value $26,742 and $21,047 at September 30, 2015 and December 31, 2014, respectively)	26,281	20,716
Restricted securities	2,330	2,092
Loans held for sale	109	0
Loans net of allowance for loan losses of $903 and $1,089, at September 30, 2015 and December 31, 2014, respectively	227,862	211,870
Premises and equipment, net	6,034	4,432
Accrued interest receivable	1,924	2,040
Other real estate owned, net of valuation allowance	1,761	1,641
Other assets	7,555	479
Total assets	347,984	318,600
Deposits
Non-interest bearing	28,362	30,709
Savings and interest-bearing demand	104,007	83,339
Time deposits	156,939	151,555
Total deposits	289,308	265,603
Accrued expenses and other liabilities	553	861
FHLB borrowings	30,000	25,000
Total liabilities	319,861	291,464
Stockholders' equity
Common Stock Value	50	51
Additional paid-in capital	33,044	32,956
Retained deficit	(4,700)	(5,417)
Accumulated other comprehensive loss	(285)	(468)
Total stockholders' equity	28,123	27,136
Total liabilities and stockholders' equity	347,984	318,600
NonVoting [Member]
Stockholders' equity
Common Stock Value	$ 14	$ 14

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Held-to-maturity Securities, Fair Value	$ 26,742	$ 21,047
Allowance for loan losses	$ 903	$ 1,089
Common Stock, Shares Authorized	120,000,000	120,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares, Outstanding	5,162,469	5,103,669
NonVoting [Member]
Common Stock, Shares Authorized	5,000,000	5,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares, Outstanding	1,400,437	1,400,437

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest income
Interest and fees on loans	$ 2,294	$ 2,275	$ 6,804	$ 6,676
Investment securities	446	346	1,192	864
Federal funds sold and deposits with banks	9	4	21	19
Total interest income	2,749	2,625	8,017	7,559
Interest expense
Interest on deposits	506	443	1,430	1,310
Interest on FHLB borrowings	95	57	277	154
Total interest expense	601	500	1,707	1,464
Net interest income	2,148	2,125	6,310	6,095
(Recovery of) provision for loan losses	(53)	(106)	(330)	123
Net interest income after (recovery of) provision for loan losses	2,201	2,231	6,640	5,972
Non-interest income
Service charges on deposit accounts	35	44	95	89
Net gain (loss) on sale of available for sale securities	22	(3)	136	61
Net gain on sale of loans held for sale	6	0	36	0
Other fee income	52	41	158	117
Total non-interest income	115	82	425	267
Non-interest expense
Salaries and employee benefits	1,085	1,244	3,447	3,752
Professional services	108	92	292	323
Occupancy	149	139	461	426
Reversal of occupancy fair value discount	0	0	(225)	0
Data processing and communications	233	206	637	508
FDIC assessment and bank fees	88	99	270	289
Bank franchise taxes	49	23	147	79
Student loan servicing fees and other loan expenses	174	144	528	480
Other real estate expenses	26	6	77	28
Supplies and equipment	71	82	214	240
Insurance	20	40	59	125
Director's fees	28	46	75	137
Marketing and business development	64	15	113	30
Other operating expenses	91	95	253	294
Total non-interest expense	2,186	2,231	6,348	6,711
Net income (loss) before income taxes	130	82	717	(472)
Income taxes	0	0	0	0
Net income (loss)	$ 130	$ 82	$ 717	$ (472)
Basic net income (loss) per common share	$ 0.02	$ 0.01	$ 0.11	$ (0.11)
Diluted net income (loss) per common share	$ 0.02	$ 0.01	$ 0.11	$ (0.11)
Weighted average common shares outstanding, basic (in shares)	6,572,278	6,504,106	6,571,829	4,122,180
Weighted average common shares outstanding, diluted (in shares)	6,572,278	6,504,106	6,571,829	4,122,180

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net income (loss)	$ 130	$ 82	$ 717	$ (472)
Other comprehensive income (loss)
Unrealized securities gains (losses) arising during period	334	(75)	282	(92)
Less: Reclassification adjustment for net securities gains included in net income (loss)	(22)	3	(136)	(61)
Add: Amortization of unrealized losses for securities transferred from available for sale to held to maturity	12	11	37	36
Total other comprehensive income (loss)	324	(61)	183	(117)
Comprehensive income (loss)	$ 454	$ 21	$ 900	$ (589)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income (loss)	$ 717	$ (472)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities
Net amortization of premium on investment securities	364	249
Purchase accounting accretion, net	(346)	(253)
Depreciation	228	215
Amortization of deferred loan costs and fees	296	119
(Recovery of) provision for loan losses	(330)	123
Gain on sale of available for sale securities	(136)	(61)
Gain on sale of other real estate owned	(13)	0
Other real estate owned valuation adjustment	24	2
Stock based compensation	171	204
Loans held for sale
Originations	(2,264)	0
Proceeds	2,191	0
Gain on sale	(36)	0
Changes in assets and liabilities:
Decrease (increase) in accrued interest receivable	116	(247)
(Increase) decrease in other assets	(250)	103
Decrease in accrued expenses and other liabilities	(36)	(99)
Net cash provided by (used in) operating activities	696	(117)
Cash flows from investing activities:
Purchase of securities available for sale	(23,429)	(42,039)
Purchase of securities held to maturity	(7,677)	(7,686)
(Purchase) redemptions of restricted securities, net	(238)	(451)
Proceeds from sales, maturities, and paydowns of securities available for sale	21,345	11,733
Proceeds from payments/maturities of securities held to maturity	2,060	1,163
Proceeds from the sale of other real estate owned	117	0
Net increase in commercial and consumer loans	(25,085)	(18,732)
Net decrease (increase) in purchased guaranteed student loans	8,979	(11,881)
Improvements to other real estate owned	(6)	0
Purchase of premises and equipment	(1,823)	(241)
Net cash (used in) investing activities	(25,757)	(68,134)
Cash flows from financing activities:
Proceeds from sale of stock, net of stock issuance costs	0	14,080
Repurchase of common stock	(84)	0
Net (decrease) increase in demand savings, interest-bearing checking and money market deposits	18,317	19,712
Net increase in time deposits	5,388	22,395
Proceeds from FHLB advances	5,000	10,000
Net cash provided by investing activities	28,621	66,187
Net (decrease) increase in cash and cash equivalents	3,560	(2,064)
Cash and cash equivalents, beginning of period	21,847	13,984
Cash and cash equivalents, end of period	25,407	11,920
Supplemental disclosure of cash flow information
Cash payments for interest	1,658	1,453
Supplemental disclosure of noninvesting activities
Unrealized gains (losses) on securities available for sale	146	(153)
Amortization of unrealized losses transferred to held to maturity	37	36
Proceeds from the sale of available for sale securities in process of collection	$ 6,853	$ 0

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	Note 1. Organization and Summary of Significant Accounting Policies Organization Cordia Bancorp Inc. (“Company” or “Cordia”) was incorporated in 2009 by a team of former bank CEOs, directors and advisors seeking to invest in undervalued community banks in the Mid-Atlantic and Southeast. The Company was approved as a bank holding company by the Board of Governors of the Federal Reserve in November 2010 and granted the authority to purchase a majority interest in Bank of Virginia (“Bank” or “BVA”) at that time. On December 10, 2010, Cordia purchased $ 10.3 59.8 3.0 On March 29, 2013, the Company completed a share exchange with the Bank resulting in the Bank becoming a wholly owned subsidiary of the Company. Under the terms of the Agreement and Plan of Share Exchange between the Company and the Bank, each outstanding share of the Bank’s common stock owned by persons other than the Company were exchanged for 0.664 100.0 On April 10, 2014, Cordia completed the sale of approximately 363 0.01 42,500 15.4 100 On June 25, 2014, upon stockholder approval, each share of Series A Preferred Stock mandatorily converted into 10,000 shares of Cordia’s common stock at a conversion price of $4.25 per share 3,629,871 2,229,434 1,400,437 On May 20, 2015, Cordia announced that it had authorized a stock repurchase program to acquire up to $ 500,000 21,200 Cordia’s principal business is the ownership of BVA. Because Cordia does not have any business activities separate from the operations of BVA, the information in this document regarding the business of Cordia reflects the activities of Cordia and BVA on a consolidated basis. References to “we” and “our” in this document refer to Cordia and BVA, collectively. The Bank was organized under the laws of the Commonwealth of Virginia to engage in a general banking business serving the communities in and around the Richmond, Virginia metropolitan area. The Bank commenced regular operations on January 12, 2004, and is a member of the Federal Reserve System, Federal Deposit Insurance Corporation and the Federal Home Loan Bank of Atlanta. The Bank is subject to the regulations of the Federal Reserve System and the State Corporation Commission of Virginia. Consequently, it undergoes periodic examinations by these regulatory authorities. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and prevailing practices within the financial services industry for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required for complete financial statements and prevailing practices within the banking industry. Operating results for the three and nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2015. In the opinion of management, all adjustments (comprising only normal recurring accruals) necessary for a fair presentation of the results of the interim periods have been included. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2014 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on March 25, 2015. The accompanying consolidated financial statements include all accounts of the Company and the Bank. All material intercompany balances and transactions have been eliminated in consolidation. We provide a summary of our significant accounting policies in our 2014 Form 10-K under “Note 1 – Organization and Summary of Significant Accounting Policies”. There have been no significant changes to these policies during 2015. In June 2014, the FASB issued ASU No. 2014-11, “Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.” This ASU aligns the accounting for repurchase-to-maturity transactions and repurchase agreements executed as a repurchase financing with the accounting for other typical repurchase agreements. The new guidance eliminates sale accounting for repurchase-to-maturity transactions and supersedes the guidance under which a transfer of a financial asset and a contemporaneous repurchase financing could be accounted for on a combined basis as a forward agreement. The amendments in the ASU also require a new disclosure for transactions economically similar to repurchase agreements in which the transferor retains substantially all of the exposure to the economic return on the transferred financial assets throughout the term of the transaction. Additional disclosures will be required for the nature of collateral pledged in repurchase agreements and similar transactions accounted for as secured borrowings. The amendments in this ASU are effective for the first interim or annual period beginning after December 15, 2014; however, the disclosure for transactions accounted for as secured borrowings is required to be presented for annual periods beginning after December 15, 2014, and interim periods beginning after March 15, 2015. Early adoption is not permitted. The adoption of the new guidance did not have a material impact on the Company’s consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, “Compensation – Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.” The new guidance applies to reporting entities that grant employees share-based payments in which the terms of the award allow a performance target to be achieved after the requisite service period. The amendments in the ASU require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. Existing guidance in “Compensation – Stock Compensation (Topic 718),” should be applied to account for these types of awards. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted and reporting entities may choose to apply the amendments in the ASU either on a prospective or retrospective basis. The adoption of the new guidance did not have a material impact on the Company’s consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” This update is intended to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Management is required under the new guidance to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date the financial statements are issued when preparing financial statements for each interim and annual reporting period. If conditions or events are identified, the ASU specifies the process that must be followed by management and also clarifies the timing and content of going concern footnote disclosures in order to reduce diversity in practice. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of ASU 2014-15 to have a material impact on its consolidated financial statements. In November 2014, the FASB issued ASU No. 2014-16, “Derivatives and Hedging (Topic 815): Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity.” The amendments in ASU do not change the current criteria in U.S. GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required. The amendments clarify how current U.S. GAAP should be interpreted in evaluating the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share. Specifically, the amendments clarify that an entity should consider all relevant terms and features, including the embedded derivative feature being evaluated for bifurcation, in evaluating the nature of the host contract. Furthermore, the amendments clarify that no single term or feature would necessarily determine the economic characteristics and risks of the host contract. Rather, the nature of the host contract depends upon the economic characteristics and risks of the entire hybrid financial instrument. The amendments in this ASU also clarify that, in evaluating the nature of a host contract, an entity should assess the substance of the relevant terms and features (i.e., the relative strength of the debt-like or equity-like terms and features given the facts and circumstances) when considering how to weight those terms and features. The amendments in this ASU are effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption, including adoption in an interim period, is permitted. The Company does not expect the adoption of ASU 2014-16 to have a material impact on its consolidated financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” The amendments in this ASU eliminate from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement - Extraordinary and Unusual Items, required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have a material impact on its consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis.” The amendments in this ASU are intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification™ and improves current GAAP by placing more emphasis on risk of loss when determining a controlling financial interest, reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (VIE), and changing consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. The amendments in this ASU are effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. ASU 2015-02 may be applied retrospectively in previously issued financial statements for one or more years with a cumulative-effect adjustment to retained earnings as of the beginning of the first year restated. The Company does not expect the adoption of ASU 2015-02 to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The amendments in this ASU are intended to simplify the presentation of debt issuance costs. These amendments require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments in this ASU are effective for public business entities for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption is permitted for financial statements that have not been previously issued. The Company does not expect the adoption of ASU 2015-03 to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” The amendments in this ASU provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendments do not change the accounting for a customer’s accounting for service contracts. As a result of the amendments, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. The amendments in this ASU are effective for public business entities for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. An entity can elect to adopt the amendments either: (1) prospectively to all arrangements entered into or materially modified after the effective date; or (2) retrospectively. The Company is currently assessing the impact that ASU 2015-05 will have on its consolidated financial statements. In May 2015, the FASB issued ASU No. 2015-08, “Business Combinations (Topic 805): Pushdown Accounting – Amendments to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115.” The amendments in ASU 2015-08 amend various SEC paragraphs pursuant to the issuance of Staff Accounting Bulletin No. 115, Topic 5: Miscellaneous Accounting, regarding various pushdown accounting issues, and did not have a material impact on the Company’s consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of Effective Date.” The amendments in ASU 2015-14 defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after December 15, 2019. All other entities may apply the guidance in ASU 2014-09 earlier as of an annual reporting period beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance in ASU 2014-09 earlier as of an annual reporting period beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance in ASU 2014-09. The Company does not expect the adoption of ASU 2015-14 (or ASU 2014-09) to have a material impact on its consolidated financial statements. In August 2015, the FASB issued ASU 2015-15, “Interest – Imputation of Interest (Subtopic 835-30) – Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements (Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting).” On April 7, 2015, the FASB issued ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability. The guidance in ASU 2015-03 (see paragraph 835-30-45-1A) does not address presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, the SEC staff stated that they would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. ASU 2015-15 adds these SEC comments to the "S" section of the Codification. The Company does not expect the adoption of ASU 2015-15 to have a material impact on its consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments.” The amendments in ASU 2015-16 require that an acquirer recognize adjustments to estimated amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the estimated amounts, calculated as if the accounting had been completed at the acquisition date. The amendments also require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the estimated amounts had been recognized as of the acquisition date. The amendments in this ASU are effective for public business entities for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively to adjustments to provisional amounts that occur after the effective date with earlier application permitted for financial statements that have not been issued. The Company does not expect the adoption of ASU 2015-16 to have a material impact on its consolidated financial statements.

Business Combination

Business Combination	9 Months Ended
	Sep. 30, 2015
Business Combination, Description [Abstract]
Business Combination Disclosure [Text Block]	Note 2. Business Combination On December 10, 2010, the Company purchased 1,355,263 59.8 5.9 Estimated fair values differed substantially in some cases from the carrying amounts of the assets and liabilities reflected in the financial statements of BVA which, in most cases were valued at historical cost. Subsequent to that date, the fair value adjustments were amortized over the expected life of the related asset or liability or otherwise adjusted as required by GAAP. Interest income is impacted by the accretion of the fair value discount on the loan portfolio as well as the accretion of the accretable discount on loans acquired with deteriorated credit quality. Non-interest expense is impacted by a rent adjustment related to certain lease commitments being above market as of the day of the investment; and amortization of the core deposit intangible. On March 29, 2013, the minority shareholders of BVA exchanged their common shares in the Bank for common shares of Cordia. For each share of BVA exchanged, 0.664 In addition, the increased ownership percentage of BVA by Cordia has impacted the accounting of both entities. All of Cordia’s purchase accounting adjustments are now recorded in the BVA financial statements and the Cordia financial statements no longer reflect adjustments for non-controlling interests. Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2015 2014 2015 2014 Loans $ 19 $ 44 $ 94 $ 203 Premises and equipment 3 2 7 6 Core deposit intangible (9) (9) (27) (27) Building lease obligations - 24 272 71 Net impact to net income $ 13 $ 61 $ 346 $ 253

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 3. Earnings Per Share Basic earnings per share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Options to purchase 129 143 For the periods ended September 30, 2015 and 2014, 578,125 Three months ended September 30, Nine months ended September 30, (dollars in thousands) 2015 2014 2015 2014 Net income (loss) $ 130 $ 82 $ 717 $ (472) Weighted average common shares outstanding, basic 6,572,278 6,504,106 6,571,829 4,122,180 Dilutive effect of stock options - - - - Weighted average common shares outstanding, diluted 6,572,278 6,504,106 6,571,829 4,122,180 Basic net income (loss) per common share $ 0.02 $ 0.01 $ 0.11 $ (0.11) Diluted net income (loss) per common share $ 0.02 $ 0.01 $ 0.11 $ (0.11)

Securities

Securities	9 Months Ended
	Sep. 30, 2015
Marketable Securities [Abstract]
Cash, Cash Equivalents, and Marketable Securities [Text Block]	Note 4. Securities Our investment portfolio consists of U.S. agency debt and agency guaranteed mortgage-backed securities. Our investment security portfolio includes securities classified as available for sale as well as securities classified as held to maturity. We classify securities as available for sale or held to maturity based on our investment strategy and management’s assessment of our intent and ability to hold the securities until maturity. The total securities portfolio (excluding restricted securities) was $ 75.0 74.2 48.7 26.3 September 30, 2015 Amortized Gross Unrealized (dollars in thousands) Cost Gains Losses Fair Value U.S. Government agencies $ 2,196 $ 7 $ (9) $ 2,194 Agency guaranteed mortgage-backed securities 46,561 122 (156) 46,527 Total $ 48,757 $ 129 $ (165) $ 48,721 December 31, 2014 Amortized Gross Unrealized (dollars in thousands) Cost Gains Losses Fair Value U.S. Government agencies $ 3,735 $ 1 $ (17) $ 3,719 Agency guaranteed mortgage-backed securities 49,930 21 (187) 49,764 Total $ 53,665 $ 22 $ (204) $ 53,483 September 30, 2015 Carry Gross Unrealized (dollars in thousands) Value Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 26,281 $ 461 $ - $ 26,742 Total $ 26,281 $ 461 $ - $ 26,742 December 31, 2014 Carry Gross Unrealized (dollars in thousands) Value Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 20,716 $ 333 $ (2) $ 21,047 Total $ 20,716 $ 333 $ (2) $ 21,047 The amortized cost and fair value of securities available for sale as of September 30, 2015, by contractual maturity are shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations without penalties. They are as follows: (Dollars in thousands) Amortized Fair Value Over five years within ten years $ 2,309 $ 2,308 Over ten years 46,448 46,413 Total $ 48,757 $ 48,721 The carrying value and fair value of securities held to maturity as of September 30, 2015, by contractual maturity are shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations without penalties. They are as follows: (Dollars in thousands) Carry Fair Value Over five years within ten years $ 3,649 $ 3,801 Over ten years 22,632 22,941 Total $ 26,281 $ 26,742 As of September 30, 2015, the portfolio is concentrated in average maturities of over ten years, although all recently purchased securities have effective duration much shorter than ten years. The portfolio is available to support liquidity needs of the Company. The Company sold $ 6.8 22 19.9 136 8.9 61 September 30, 2015 Less than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ 1,572 $ (9) $ - $ - $ 1,572 $ (9) Agency guaranteed mortgage-backed securities 3,471 (38) 14,155 (118) 17,626 (156) Total $ 5,043 $ (47) $ 14,155 $ (118) $ 19,198 $ (165) December 31, 2014 (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ - $ - $ 2,689 $ (17) $ 2,689 $ (17) Agency guaranteed mortgage-backed securities 43,406 (161) 1,904 (28) 45,310 (189) Total $ 43,406 $ (161) $ 4,593 $ (45) $ 47,999 $ (206) As of September 30, 2015, there was a U.S. Government agency security and agency guaranteed mortgage-backed securities with unrealized losses totaling $ 165 206 Investment securities with combined market values of $ 14.4 7.8 17.6 9.6

Loans, Allowance for Loan Losse

Loans, Allowance for Loan Losses and Credit Quality	9 Months Ended
	Sep. 30, 2015
Allowance For Loan And Lease Losses Provision For Net Loss [Abstract]
Allowance for Credit Losses [Text Block]	Note 5. Loans, Allowance for Loan Losses and Credit Quality Loans by Loan Class The Bank categorizes its loan receivables into four main categories, which are commercial real estate loans, commercial and industrial loans, guaranteed student loans, and consumer loans. Each category of loan has a different level of credit risk. Real estate loans are generally safer than loans secured by other assets because the value of the underlying collateral is generally ascertainable and does not fluctuate as much as other assets. Owner occupied commercial real estate loans are generally the least risky type of commercial real estate loan. Non-owner occupied commercial real estate loans and construction and development loans contain more risk. Commercial loans, which can be secured by real estate or other assets, or which can be unsecured, are generally more risky than commercial real estate loans. Guaranteed student loans are guaranteed by the U.S. Department of Education for approximately 98 (dollars in thousands) September 30, 2015 December 31, 2014 Commercial Real Estate: Acquisition, development and construction $ 1,870 $ 2,159 Non-owner occupied 57,819 51,512 Owner occupied 46,646 49,582 Commercial and industrial 26,751 24,153 Guaranteed student loans 56,072 64,870 Consumer: Residential mortgage 15,803 8,377 HELOC 10,935 11,074 Other 12,869 1,232 Total loans 228,765 212,959 Allowance for loan losses (903) (1,089) Total loans, net of allowance for loan losses $ 227,862 $ 211,870 Included in the loan balances above are net deferred loan costs of $ 1.4 1.2 853 931 Loans Acquired with Evidence of Deterioration in Credit Quality Acquired in the acquisition of Bank of Virginia and included in the table above, are purchased performing loans and loans acquired with evidence of deterioration in credit quality. The purchased performing loans are $ 8.3 9.0 (dollars in thousands) September 30, 2015 December 31, 2014 Contract principal balance $ 5,113 $ 7,178 Accretable yield (3) (42) Nonaccretable difference - (5) Carrying value of loans $ 5,110 $ 7,131 A discount is applied to these loans such that the carrying amount approximates the cash flows expected to be received from the borrower or from the liquidation of collateral. Cash flows received on loans with a nonaccretable discount are applied on a cost recovery method, whereby payments are applied first to the loan balance. When the loan balance is fully recovered, payments are then applied to income. Any future reductions in carrying value as a result of deteriorating credit quality require an allowance for loan losses (“ALLL”) related to these loans. 2015 2014 Accretable Nonaccretable Accretable Nonaccretable (dollars in thousands) Yield Discount Yield Discount Beginning balance $ 42 $ 5 $ 62 $ 61 Charge-offs related to loans covered by ASC 310-30 - - - (56) Transfers 5 (5) - - Accretion (44) (15) - Ending balance $ 3 $ $ 47 $ 5 Credit Quality Indicators Credit risk ratings reflect the current risk of default and/or loss for a given asset. The risk of loss is driven by factors intrinsic to the borrower and the unique structural characteristics of the loan. The credit risk rating begins with an analysis of the borrower’s credit history, ability to repay the debt as agreed, use of proceeds, and the value and stability of the value of the collateral securing the loan. The attributes ordinarily considered when reviewing a borrower are as follows: ⋅ industry/industry segment; ⋅ financial flexibility/debt capacity; ⋅ position within industry; ⋅ management and controls; and ⋅ earnings, liquidity and operating cash flow trends; ⋅ quality of financial reporting. ⋅ asset and liability values; The unique structural characteristics ordinarily considered when reviewing a loan are as follows: ⋅ credit terms/loan documentation; ⋅ guaranty/third party support; ⋅ collateral; and ⋅ loan maturity. On a quarterly basis, the process of estimating the ALLL begins with management’s review of the risk rating assigned to individual credits. Through this process, loans adversely risk rated are evaluated for impairment based on ASC 310-40. The following is a summary of the risk rating definitions the Company uses to assign a risk grade to each loan within the portfolio: Grade 1 - Highest Quality Loans to persons and businesses with unquestionable financial strength and character that carry extremely low probabilities of default. Balance sheets and cash flow are extremely strong relative to the magnitude of debt. This rating would be analogous to the highest investment grade ratings. Grade 2 - Above Average Quality Loans to persons and business entities with unquestioned character that carry low probabilities of default. Borrowers have strong, stable earnings and financial condition. Grade 3 - Satisfactory Loans to persons and businesses with acceptable financial condition that carry average probabilities of default. Borrower’s exhibit adequate cash flow to service debt and have acceptable levels of leverage. Grade 4 - Pass Loans to persons and businesses with a lack of stability in the primary source of repayment or temporary weakness in their balance sheet or earnings. These loans carry above average probabilities of default. These borrowers generally have higher leverage and less liquidity than loans rated 3-Satisfactory. Grade 5- Special Mention Loans to borrowers that exhibit potential credit weakness or a downward trend that warrant additional supervision. While potentially weak, the loan is currently marginally acceptable and no loss of principal or interest is envisioned. Grade 6 – Substandard Borrowers with one or more well defined weaknesses that jeopardize the orderly liquidation of the debt. Normal repayment from the borrower is in jeopardy, although no loss of principal is envisioned. Possibility of loss or protracted workout exists if immediate corrective action is not taken. Grade 7 – Doubtful Loans with all the weaknesses inherent in a Substandard classification, with the added provision that the weaknesses make collection of debt in full highly questionable and improbable, based on currently existing facts, conditions, and values. Serious problems exist to the point where a partial loss of principal is likely. Grade 8 – Loss Borrower is deemed incapable of repayment of the entire principal. A charge-off is required for the portion of principal management has deemed it will not be repaid. The following is the distribution of loans by credit quality and segment as of September 30, 2015 and December 31, 2014: September 30, 2015 (dollars in thousands) Commercial Real Estate Consumer Non- Guaranteed Acq-Dev owner Owner Commercial Student Residential Credit quality class Construction Occupied Occupied and Industrial Loans Mortgage HELOC Other Total 1 Highest quality $ - $ - $ - $ - $ - $ - $ - $ - $ - 2 Above average quality - 5,814 3,369 2,655 56,072 - 1,132 393 69,435 3 Satisfactory 389 28,973 21,043 17,522 11,080 6,232 12,407 97,646 4 Pass 491 20,122 19,776 5,976 4,472 2,700 66 53,603 5 Special mention - 1,511 117 560 27 268 3 2,486 6 Substandard 188 - - 13 42 242 - 485 7 Doubtful - - - - - - - - - 1,068 56,420 44,305 26,726 56,072 15,621 10,574 12,869 223,655 Loans acquired with deteriorated credit quality 802 1,399 2,341 25 - 182 361 - 5,110 Total loans $ 1,870 $ 57,819 $ 46,646 $ 26,751 $ 56,072 $ 15,803 $ 10,935 $ 12,869 $ 228,765 December 31, 2014 (dollars in thousands) Commercial Real Estate Consumer Non- Guaranteed Acq-Dev owner Owner Commercial Student Residential Credit quality class Construction Occupied Occupied and Industrial Loans Mortgage HELOC Other Total 1 Highest quality $ - $ - $ - $ - $ - $ - $ - $ - $ - 2 Above average quality - 2,225 2,788 2,498 64,870 24 1,394 719 74,518 3 Satisfactory 458 30,473 26,608 14,883 - 3,325 6,140 425 82,312 4 Pass 476 17,236 16,986 5,593 - 4,768 2,589 88 47,736 5 Special mention - 123 - 68 - 75 319 - 585 6 Substandard 267 - - 142 - - 268 - 677 7 Doubtful - - - - - - - - - 1,201 50,057 46,382 23,184 64,870 8,192 10,710 1,232 205,828 Loans acquired with deteriorated credit quality 958 1,455 3,200 969 - 185 364 - 7,131 Total loans $ 2,159 $ 51,512 $ 49,582 $ 24,153 $ 64,870 $ 8,377 $ 11,074 $ 1,232 $ 212,959 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential At September 30, 2015 (in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total 30 - 59 days $ - $ - $ - $ - $ 4,037 $ - $ - $ - $ 4,037 60 - 89 days - - - - 2,475 - - - 2,475 > 90 days 420 - 1,206 3 8,888 44 - - 10,561 Total past due 420 - 1,206 3 15,400 44 - - 17,073 Current 1,450 57,819 45,440 26,748 40,672 15,759 10,935 12,869 211,692 Total loans $ 1,870 $ 57,819 $ 46,646 $ 26,751 $ 56,072 $ 15,803 $ 10,935 $ 12,869 $ 228,765 > 90 days still accruing $ - $ - $ - $ - $ 8,888 $ - $ - $ - $ 8,888 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential At December 31, 2014 (in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total 30 - 59 days $ - $ - $ - $ - $ 4,029 $ - $ - $ - $ 4,029 60 - 89 days - - 885 - 1,989 - 75 - 2,949 > 90 days 548 - 314 121 11,378 44 - - 12,405 Total past due 548 - 1,199 121 17,396 44 75 - 19,383 Current 1,611 51,512 48,383 24,032 47,474 8,333 10,999 1,232 193,576 Total loans $ 2,159 $ 51,512 $ 49,582 $ 24,153 $ 64,870 $ 8,377 $ 11,074 $ 1,232 $ 212,959 > 90 days still accruing $ - $ - $ - $ - $ 11,378 $ - $ - $ - $ 11,378 Non-accrual Loans Loans are placed on nonaccrual status when management believes the full collection of the principal and interest is doubtful. A delinquent loan is generally placed in nonaccrual status when: · principal and/or interest is past due for 90 days or more, unless the loan is well-secured and in the process of collection; · the financial strength of the borrower or a guarantor has materially declined; · collateral value has declined; or · other facts would make the repayment in full of principal and interest unlikely. Loans placed on nonaccrual status are reported to the Board at its next regular meeting. When a loan is placed on nonaccrual, all interest which has been accrued is charged back against current earnings as a reduction in interest income, which adversely affects the yield on loans in the period of reversal. No additional interest is accrued on the loan balance until the collection of both principal and interest becomes reasonably certain. Loans placed on non-accrual status may, at the lenders discretion, be returned to accrual status after: · payments are received for a reasonable period in accordance with the loan documents (typically for six (6) months), and any doubt as to the loan's full collectability has been removed; or · the troubled loan is restructured and, evidenced by a credit evaluation of the borrower's financial condition and the prospects for full payment are good. Student loans with a past due balance greater than 90 days are not placed on non-accrual. A claim is filed with the guarantor when the loan becomes 270 days past due. Interest continues to accrue until the date the claim is paid. The guarantor’s payment covers approximately 98% of principal and accrued interest. When a loan is returned to accrual status after restructuring, the pre-restructuring risk rating is maintained until a satisfactory payment history is re-established. Returning non-accrual loans to an accrual status requires the prior written approval of the Chief Credit Officer. A summary of non-accrual loans by portfolio class is as follows: September 30, December 31, (dollars in thousands) 2015 2014 Commercial Real Estate: Acquisition, development and construction $ 420 $ 548 Owner occupied 1,206 1,198 Commercial and industrial 13 121 Consumer: Residential mortgage 44 44 HELOC 292 310 Total non-accrual loans $ 1,975 $ 2,221 Non-accrual troubled debt restructurings included above $ - $ - Non-accrual purchased credit impaired loans included above $ 1,618 $ 1,741 Impaired Loans All loans that are rated Doubtful are assessed as impaired based on the expectation that collection of principal and interest when due is in doubt. All loans that are rated Substandard or are expected to be downgraded to Substandard, require additional analysis to determine if a specific reserve under ASC 310-40 is required. All loans that are rated Special Mention are presumed not to be impaired. However, Special Mention rated loans are typically evaluated for the following adverse characteristics that may indicate further analysis is warranted before completing an assessment of impairment: ⋅ a loan is 60 days or more delinquent on scheduled principal or interest; ⋅ a loan is presently in an unapproved over-advanced position; ⋅ a loan is newly modified; or ⋅ a loan is expected to be modified. The following information is a summary of the Company’s policies pertaining to impaired loans: Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected when due. Factors impairing repayment might include: inadequate repayment capacity, severe erosion of equity, likely reliance on a non-primary source of repayment, guarantors with limited resources, and obvious material deterioration in borrower’s financial condition. The possibility of loss or protracted workout exists if immediate corrective action is not taken. Once deemed impaired, the loan is then analyzed for the extent of the impairment. Impairment is the difference between the principal balance of the loan and (i) the discounted cash flows of the borrower or (ii) the fair market value of the collateral less the costs involved with liquidation (i.e., real estate commissions, attorney costs, etc.). This difference is then reflected as a component in the ALLL as a specific reserve. Government guaranteed student loans with a past due balance greater than 90 days generally meet the definition of an impaired loan. However, because of the federal government guarantee of approximately 98% of both principal and interest, the Company does not evaluate these loans for individual impairment and, as such; they are not included in the balance of nonperforming assets. Certain loans were identified and individually evaluated for impairment at September 30, 2015 and December 31, 2014. At September 30, 2015, no impaired loans were charged with a valuation allowance due to management’s judgment that the cash flows from the underlying collateral or equity available from guarantors was sufficient to recover the Company’s entire investment. At December 31, 2014, two impaired loans were charged with a valuation allowance. The results of those analyses are presented in the following tables. Average Recorded Unpaid Related Recorded Interest (dollars in thousands) Investment (1) Principal (2) Allowance Investment Recorded With no related allowance recorded: Commercial Real Estate: Acquisition, development and construction $ 188 $ 188 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 13 13 - 23 - Consumer: - Residential mortgage 42 42 - 44 2 HELOC 242 242 - 254 3 Other - - - - $ 485 $ 485 $ - $ 509 $ 5 With an allowance recorded: Commercial Real Estate: Acquisition, development and construction $ - $ - $ - $ - $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial - - - - - Consumer: Residential mortgage - - - - - HELOC - - - - - Other - - - - - $ - $ - $ - $ - $ - Total: Commercial Real Estate: Acquisition, development and construction $ 188 $ 188 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 13 13 - 23 - Consumer: - - - - - Residential mortgage 42 42 - 44 2 HELOC 242 242 - 254 3 Other - - - - - Total $ 485 $ 485 $ - $ 509 $ 5 The following information is a summary of related impaired loans, excluding loans acquired with deteriorating credit quality, presented by portfolio class as of December 31, 2014: Average Recorded Unpaid Related Recorded Interest (dollars in thousands) Investment (1) Principal (2) Allowance Investment Recorded With no related allowance recorded: Commercial Real Estate: Acquisition, development and construction $ 267 $ 267 $ - $ 269 $ 6 Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 32 34 - 46 2 Consumer: - Residential mortgage - - - - - HELOC 193 193 - 197 3 Other - - - - $ 492 $ 494 $ - $ 512 $ 11 With an allowance recorded: Commercial Real Estate: Acquisition, development and construction $ - $ - $ - $ - $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 110 540 110 309 7 Consumer: Residential mortgage - - - - - HELOC 75 75 33 75 - Other - - - - - $ 185 $ 615 $ 143 $ 384 $ 7 Total: Commercial Real Estate: Acquisition, development and construction $ 267 $ 267 $ - $ 269 $ 6 Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 142 574 110 355 9 Consumer: - - - - - Residential mortgage - - - - - HELOC 268 268 33 272 3 Other - - - - - Total $ 677 $ 1,109 $ 143 $ 896 $ 18 (1) The amount of the investment in a loan, which is not net of a valuation allowance, but which does reflect any direct write-down of the investment. (2) The contractual amount due, which reflects paydowns applied in accordance with loan documents, but which does not reflect any direct write-downs. Loans with deteriorated credit quality acquired as part of the Bank of Virginia acquisition are accounted for under the requirements of ASC 310-30. These loans are not considered impaired and not included in the table above. Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses Beginning balance, December 31, 2014 $ 146 $ 97 $ 149 $ 357 $ 144 $ 98 $ 76 $ 22 $ 1,089 Charge-offs (127) - - (109) (163) - (20) (2) (421) Recoveries - 234 321 - 4 6 - 565 Net (charge-offs) recoveries (127) - 234 212 (163) 4 (14) (2) 144 Provision (recovery) 40 185 (298) (443) 102 (39) (10) 133 (330) Ending balance, Septembere 30, 2015 $ 59 $ 282 $ 85 $ 126 $ 83 $ 63 $ 52 $ 153 $ 903 Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses Beginning balance, December 31, 2013 $ 300 $ 39 $ 322 $ 377 $ 268 $ 120 $ 20 $ 43 $ 1,489 Charge-offs (6) (114) - (55) (316) - - - (491) Recoveries 3 49 - 27 - 4 2 20 105 Net (charge-offs) recoveries (3) (65) - (28) (316) 4 2 20 (386) Provision (recovery) (89) 186 (151) (38) 224 6 30 (45) 123 Ending balance, Septembere 30, 2014 $ 208 $ 160 $ 171 $ 311 $ 176 $ 130 $ 52 $ 18 $ 1,226 A summary of the ALLL by portfolio segment and impairment evaluation methodology as of September 30, 2015 and December 31, 2014 is as follows: Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses for loans Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 59 282 85 126 83 63 52 153 903 Loans acquired with deteriorated credit quality - - - - - - - - - Ending balance, September 30, 2015 $ 59 $ 282 $ 85 $ 126 $ 83 $ 63 $ 52 $ 153 $ 903 Gross loan balances Individually evaluated for impairment $ 188 $ - $ - $ 13 $ - $ 42 $ 242 $ - $ 485 Collectively evaluated for impairment 880 56,420 44,305 26,713 56,072 15,579 10,332 12,869 223,170 Loans acquired with deteriorated credit quality 802 1,399 2,341 25 - 182 361 - 5,110 Ending balance, September 30, 2015 $ 1,870 $ 57,819 $ 46,646 $ 26,751 $ 56,072 $ 15,803 $ 10,935 $ 12,869 $ 228,765 Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses for loans Individually evaluated for impairment $ - $ - $ - $ 110 $ - $ - $ 33 $ - $ 143 Collectively evaluated for impairment 56 97 149 247 144 98 43 22 856 Loans acquired with deteriorated credit quality 90 - - - - - - - 90 Ending balance, December 31, 2014 $ 146 $ 97 $ 149 $ 357 $ 144 $ 98 $ 76 $ 22 $ 1,089 Gross loan balances Individually evaluated for impairment $ 267 $ - $ - $ 142 $ - $ - $ 268 $ - $ 677 Collectively evaluated for impairment 934 50,057 46,382 23,042 64,870 8,192 10,442 1,232 205,151 Loans acquired with deteriorated credit quality 958 1,455 3,200 969 - 185 364 - 7,131 Ending balance, December 31, 2014 $ 2,159 $ 51,512 $ 49,582 $ 24,153 $ 64,870 $ 8,377 $ 11,074 $ 1,232 $ 212,959 Troubled Debt Restructurings A modification is classified as a troubled debt restructuring (“TDR”) if both of the following exist: (1) the borrower is experiencing financial difficulty and (2) the Company has granted a concession to the borrower, that it otherwise would not give. The Company determines that a borrower may be experiencing financial difficulty if the borrower is currently delinquent on any of its debt, or if the Company is concerned that the borrower may not be able to perform in accordance with the current terms of the loan agreement in the foreseeable future. Many aspects of the borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty, particularly as it relates to commercial borrowers due to the complex nature of the loan structure, business/industry risk and borrower/guarantor structures. Concessions may include the reduction of an interest rate at a rate lower than current market rate for a new loan with similar risk, extension of the maturity date, reduction of accrued interest, or principal forgiveness. When evaluating whether a concession has been granted, the Company also considers whether the borrower has curtailed principal, provided additional collateral or guarantors and whether such additions adequately compensate the Company for the restructured terms, or if the revised terms are consistent with those currently being offered to new loan customers. The assessments of whether a borrower is experiencing (or is likely to experience) financial difficulty and whether a concession has been granted is subjective in nature and management’s judgment is required when determining whether a modification is a TDR. Although each occurrence is unique to the borrower and is evaluated separately, for all portfolio segments, TDRs are typically modified through reduction in interest rates, reductions in payments, changing the payment terms from principal and interest to interest only, increasing amortization periods and/or extensions in term maturity. During the three and nine months ended September 30, 2015 and 2014, no loans and one loan, respectively, were modified in troubled debt restructurings. At September 30, 2015 and December 31, 2014, no loans and four loans, respectively, were classified as trouble debt restructurings. The principal balance outstanding relating to these loans was zero at September 30, 2015 and $ 1.3

Intangible Assets

Intangible Assets	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	Note 6. Intangible Assets In 2010, the Company acquired a majority interest in the Bank of Virginia. The Company recorded a core deposit intangible related to this acquisition of $ 249 (dollars in thousands) Balance at June 30, 2015 $ 86 Amortization (9) Balance at September 30, 2015 $ 77 (dollars in thousands) Balance at December 31, 2014 $ 104 Amortization (27) Balance at September 30, 2015 $ 77 Amortization expense is expected to be approximately $ 35 34

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, Measurement Inputs, Disclosure [Text Block]	Note 7. Fair Value Measurements Fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practical to estimate the value is based upon the characteristics of the instruments and relevant market information. Financial instruments include cash, evidence of ownership in an entity, or contracts that convey or impose on an entity that contractual right or obligation to either receive or deliver cash for another financial instrument. Fair value is the amount at which a financial instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation, and is best evidenced by a quoted market price if one exists. The following presents the methodologies and assumptions used to estimate the fair value of the Company’s financial instruments. The information used to determine fair value is highly subjective and judgmental in nature and, therefore, the results may not be precise. Subjective factors include, among other things, estimates of cash flows, risk characteristics, credit quality, and interest rates, all of which are subject to change. Since the fair value is estimated as of the balance sheet date, the amounts that will actually be realized or paid upon settlement or maturity on these various instruments could be significantly different. Financial Instruments with Book Value Equal to Fair Value The book values of cash and due from banks, federal funds sold and purchased, interest receivable, and interest payable are considered to be equal to fair value as a result of the short-term nature of these items. Securities The fair value for securities available for sale and securities held to maturity is based on current market quotations, where available. If quoted market prices are not available, fair value has been based on the quoted price of similar instruments. Restricted securities are valued at cost which is also the stated redemption value of the shares. Restricted Securities Restricted securities are valued at cost which is also the stated redemption value of the shares. Loans Held for Sale Fair value is based on the price secondary markets are offering for similar loans using observable market data which is not materially different than cost due to the short duration between origination and sale. Loans Held for Investment The estimated value of loans held for investment is measured based upon discounted future cash flows using the current rates for similar loans, as well as assumptions related to credit risk. Deposits Deposits without a stated maturity, including demand, interest-bearing demand, and savings accounts, are reported at their carrying value in accordance with authoritative accounting guidance. No value has been assigned to the franchise value of these deposits. For other types of deposits with fixed maturities, fair value has been estimated by discounting future cash flows based on interest rates currently being offered on deposits with similar characteristics and maturities. Borrowings and Other Indebtedness Fair value has been estimated based on interest rates currently available to the Company for borrowings with similar characteristics and maturities. Commitments to Extend Credit, Standby Letters of Credit, and Financial Guarantees Fair values for off-balance-sheet, credit-related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. At September 30, 2015 and December 31, 2014, the fair value of loan commitments and standby letters of credit was deemed to be immaterial and therefore is not included. Determination of Fair Value 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 the Fair Value Measurements and Disclosure topic of FASB ASC, the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimate of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. 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 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 market conditions depends on the facts and circumstances and requires the use of significant judgment. Authoritative accounting literature specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. The three levels of the fair value hierarchy based on these two types of inputs are as follows: Level 1 Valuation is based upon quoted prices for identical instruments traded in active markets. Level 2 Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3 Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques. Carrying Fair Value Measurements at September 30, 2015 (dollars in thousands) amount Level 1 Level 2 Level 3 Fair Value Assets: Cash and cash equivalents $ 25,407 $ 25,407 $ - $ - $ 25,407 Securities available for sale 48,721 - 48,721 - 48,721 Securities held to maturity 26,281 - 26,742 - 26,742 Restricted securities 2,330 - 2,330 - 2,330 Loans held for sale 109 - 109 - 109 Net loans held for investment 227,862 - - 227,657 227,657 Interest receivable 1,924 1,924 1,924 Liabilities: Demand deposits 28,359 - 28,359 - 28,359 Savings and interest-bearing demand deposits 104,006 - 104,006 - 104,006 Time deposits 156,943 - 157,728 - 157,728 FHLB Borrowings 30,000 - 29,894 - 29,894 Interest payable 210 - 210 - 210 Carrying Fair Value Measurements at December 31, 2014 (dollars in thousands) amount Level 1 Level 2 Level 3 Fair Value Assets: Cash and cash equivalents $ 21,847 $ 21,847 $ - $ - $ 21,847 Securities available for sale 53,483 - 53,483 - 53,483 Securities held to maturity 20,716 - 21,047 - 21,047 Restricted securities 2,092 - 2,092 - 2,092 Net loans held for investment 211,870 - - 213,861 213,861 Interest receivable 2,040 - 2,040 - 2,040 Liabilities: Demand deposits 30,709 - 30,709 - 30,709 Savings and interest-bearing demand deposits 83,339 - 83,339 - 83,339 Time deposits 151,555 - 152,179 - 152,179 FHLB Borrowings 25,000 - 24,753 - 24,753 Interest payable 161 - 161 - 161 The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the financial statements: Securities available for sale Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data. Third party vendors compile prices from various sources and may determine the fair value of identical or similar securities by using pricing models that consider observable market data (Level 2). Quoted Prices in Active Markets for Significant Identical Significant Other Unobservable Assets Observable Inputs Inputs (dollars in thousands) Balance (Level 1) (Level 2) (Level 3) September 30, 2015 U. S. Government Agencies $ 2,194 $ - $ 2,194 $ - Agency Guaranteed Mortgage-backed securities 46,527 - 46,527 - December 31, 2014 U. S. Government Agencies $ 3,719 $ - $ 3,719 $ - Agency Guaranteed Mortgage-backed securities 49,764 - 49,764 - Certain assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the financial statements: Impaired Loans Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected when due. The measurement of loss associated with impaired loans can be based on either the observable market price of the loan or the fair value of the collateral. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The vast majority of the collateral is real estate. The value of real estate collateral is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company using observable market data (Level 2). However, if the collateral value is significantly adjusted due to differences in the comparable properties, or is discounted by the Company because of marketability, then the fair value is considered Level 3. The value of business equipment is based upon an outside appraisal if deemed significant, or the net book value on the applicable business’ financial statements if not considered significant. Likewise, values for inventory and accounts receivables collateral are based on financial statement balances or aging reports (Level 3). Impaired loans allocated to the ALLL are measured at fair value on a nonrecurring basis. Any fair value adjustments are recorded in the period incurred as provision for loan losses on the Consolidated Statements of Operations. Other Real Estate Owned (OREO) Other real estate owned (“OREO”) is measured at fair value less cost to sell, based on an appraisal conducted by an independent, licensed appraiser outside of the Company. If the collateral value is significantly adjusted due to differences in the comparable properties, or is discounted by the Company because of marketability, then the fair value is considered Level 3. OREO is measured at fair value on a nonrecurring basis. Any initial fair value adjustment prior to foreclosure is charged against the ALLL. Subsequent fair value adjustments are recorded in the period incurred and included in other noninterest expense on the Consolidated Statements of Operations. Quoted Prices in Active Markets for Significant Identical Significant Other Unobservable Assets Observable Inputs Inputs (dollars in thousands) Balance (Level 1) (Level 2) (Level 3) September 30, 2015 OREO $ 1,761 $ - $ - $ 1,761 December 31, 2014 Impaired loans $ 42 $ - $ - $ 42 OREO 1,641 - - 1,641 There were no outstanding or in-process residential mortgage OREO properties as of September 30, 2015 or December 31, 2014. September 30, 2015 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Range (Weighted Description Fair Value Valuation Technique Unobservable input Average) Other real estate owned $ 1,761 Appraisals Discount to reflect current market condition and estimated selling costs 6-29% December 31, 2014 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Range (Weighted Description Fair Value Valuation Technique Unobservable input Average) Impaired loans $ 42 Appraisals Discount to reflect current market condition and estimated selling costs 0-10% Other real estate owned $ 1,641 Appraisals Discount to reflect current market condition and estimated selling costs 6-29%

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2015
Share-Based Compensation [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 8. Stock-Based Compensation Stock-based compensation arrangements include stock options, restricted stock plans, performance-based awards, stock appreciation rights and employee stock purchase plans. ASC Topic 718 requires all share-based payments to employees to be valued using a fair value method on the date of grant and to be expensed based on that fair value over the applicable vesting period. At the 2011 Annual Meeting, the Bank’s shareholders approved a share-based compensation plan (Bank of Virginia 2011 Stock Incentive Plan or the “2011 Plan”). Under this plan, employees, officers and directors of the Bank or its affiliates are eligible to receive grants, subject to approval by the board of directors. The plan’s intent was to reward employees, officers and directors of the Bank or its affiliates for their efforts, to assist in the long-term retention of service for those who were awarded, as well as align their interests with the Bank’s shareholders. At the 2014 Annual Meeting, Cordia shareholders approved an amendment to the 2011 Plan to increase the number of shares authorized for issuance by an additional 800,000 612,251 There were 10,000 12,500 Wgt. Avg. Wgt. Avg. Remaining Wgt. Avg. Aggregate Exercise Contractual Grant Date Intrinsic As of 12/31/2014 Stock Options Price Life Fair Value Value Outstanding 145,478 $ 6.94 7.88 $ 2.29 $ - Vested 60,692 $ 9.24 7.18 $ 3.03 $ - Nonvested 84,786 $ 5.29 8.39 $ 1.76 $ - Period Activity Issued 20,600 $ 3.79 - $ 1.36 - Exercised - - - - - Forfeited 36,998 $ 6.40 - 1.92 - Expired - - - - - As of 9/30/2015 Outstanding 129,080 $ 6.59 7.70 $ 2.25 $ - Vested 59,552 $ 9.00 6.73 $ 3.02 $ - Nonvested 69,528 $ 4.53 8.54 $ 1.58 $ - Aggregate intrinsic value is calculated as the difference between the quoted price and the award exercise price of the stock. To the extent that the quoted price is less than the exercise price, there is no value to the underlying option awards. 70 123 Wgt. Avg. Outstanding as of September 30, 2015 Wgt. Avg. Remaining Stock Options Exercise Contractual Range of Exercise Prices Outstanding Price Life $ 3.79 $ 60.24 129,080 $ 6.59 7.70 Total 129,080 $ 6.59 7.70 Exercisable: Wgt. Avg. Stock Options Exercise Range of Exercise Prices Exercisable Price $ 3.79 $ 60.24 59,552 $ 9.00 Total 59,552 $ 9.00 Assumptions: Nine Months Ended Year Ended September 30, December 31, 2015 2014 Expected dividend rate 0.00 % 0.00 % Expected volatility 30.00 % 30.00 % Expected term in years 7 7 Risk free rate 2.01 % 2.15 % Total intrinsic value of options exercised: $ - Total fair value of shares vested: $ 34,937 Weighted-average period over which nonvested awards are expected to be recognized: 0.97 years Wgt. Avg. Grant Date As of 12/31/2014 Restricted Stock Fair Value Nonvested 52,580 $ 4.23 Period Activity Issued 80,000 $ 3.99 Vested 2,340 $ 4.41 Forfeited - - As of 9/30/2015 Nonvested 130,240 $ 4.08 Total fair value of shares vested: $ 10,319 Weighted-average period over which nonvested awards are expected to be recognized: 1.43 years The fair value of restricted stock granted during the nine months ended September 30, 2015 was $ 319 The remaining unrecognized compensation expense for the shares granted totaled $ 414 271 578,125 Stock-based compensation expense was $ 62 171 92 204 Cordia does not have any benefit plans or incentive compensation plans beyond those maintained by the Bank. Cordia provides a life insurance benefit to the President and Chief Executive Officer under the terms of his employment agreement.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income, Noncontrolling Interest [Text Block]	Note 9. Accumulated other Comprehensive Income (Loss) (dollars in thousands) Three Months Ended Sepember 30, Nine Months Ended September 30, 2015 2014 2015 2014 Beginning balance $ (609) $ (440) $ (468) $ (384) Unrealized holding gains (losses) on available for sale securities 312 (72) 146 (153) Amortization of available for sale to held to maturity reclassification adjustment 12 11 37 36 Net current period other comprehensive income (loss) 324 (61) 183 (117) Ending balance $ (285) $ (501) $ (285) $ (501) (in thousands) Three Months Ended September 30, Affected Line Item on 2015 2014 Consolidated Statement of Operations Realized gains (losses) on sales of available for sale securities $ 22 $ (3) Net gain (loss) on sale of available-for-sale securities Total reclassifications $ 22 $ (3) Nine Months Ended September 30, Affected Line Item on 2015 2014 Consolidated Statement of Operations Realized gains on sales of available for sale securities $ 136 $ 61 Net gain on sale of available-for-sale securities Total reclassifications $ 136 $ 61

Organization and Summary of S16

Organization and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and prevailing practices within the financial services industry for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required for complete financial statements and prevailing practices within the banking industry. Operating results for the three and nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2015. In the opinion of management, all adjustments (comprising only normal recurring accruals) necessary for a fair presentation of the results of the interim periods have been included. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2014 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on March 25, 2015.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying consolidated financial statements include all accounts of the Company and the Bank. All material intercompany balances and transactions have been eliminated in consolidation.
Summary Of Significant Accounting Policies [Policy Text Block]	Summary of Significant Accounting Policies We provide a summary of our significant accounting policies in our 2014 Form 10-K under “Note 1 – Organization and Summary of Significant Accounting Policies”. There have been no significant changes to these policies during 2015.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In June 2014, the FASB issued ASU No. 2014-11, “Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.” This ASU aligns the accounting for repurchase-to-maturity transactions and repurchase agreements executed as a repurchase financing with the accounting for other typical repurchase agreements. The new guidance eliminates sale accounting for repurchase-to-maturity transactions and supersedes the guidance under which a transfer of a financial asset and a contemporaneous repurchase financing could be accounted for on a combined basis as a forward agreement. The amendments in the ASU also require a new disclosure for transactions economically similar to repurchase agreements in which the transferor retains substantially all of the exposure to the economic return on the transferred financial assets throughout the term of the transaction. Additional disclosures will be required for the nature of collateral pledged in repurchase agreements and similar transactions accounted for as secured borrowings. The amendments in this ASU are effective for the first interim or annual period beginning after December 15, 2014; however, the disclosure for transactions accounted for as secured borrowings is required to be presented for annual periods beginning after December 15, 2014, and interim periods beginning after March 15, 2015. Early adoption is not permitted. The adoption of the new guidance did not have a material impact on the Company’s consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, “Compensation – Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.” The new guidance applies to reporting entities that grant employees share-based payments in which the terms of the award allow a performance target to be achieved after the requisite service period. The amendments in the ASU require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. Existing guidance in “Compensation – Stock Compensation (Topic 718),” should be applied to account for these types of awards. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted and reporting entities may choose to apply the amendments in the ASU either on a prospective or retrospective basis. The adoption of the new guidance did not have a material impact on the Company’s consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” This update is intended to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Management is required under the new guidance to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date the financial statements are issued when preparing financial statements for each interim and annual reporting period. If conditions or events are identified, the ASU specifies the process that must be followed by management and also clarifies the timing and content of going concern footnote disclosures in order to reduce diversity in practice. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of ASU 2014-15 to have a material impact on its consolidated financial statements. In November 2014, the FASB issued ASU No. 2014-16, “Derivatives and Hedging (Topic 815): Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity.” The amendments in ASU do not change the current criteria in U.S. GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required. The amendments clarify how current U.S. GAAP should be interpreted in evaluating the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share. Specifically, the amendments clarify that an entity should consider all relevant terms and features, including the embedded derivative feature being evaluated for bifurcation, in evaluating the nature of the host contract. Furthermore, the amendments clarify that no single term or feature would necessarily determine the economic characteristics and risks of the host contract. Rather, the nature of the host contract depends upon the economic characteristics and risks of the entire hybrid financial instrument. The amendments in this ASU also clarify that, in evaluating the nature of a host contract, an entity should assess the substance of the relevant terms and features (i.e., the relative strength of the debt-like or equity-like terms and features given the facts and circumstances) when considering how to weight those terms and features. The amendments in this ASU are effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption, including adoption in an interim period, is permitted. The Company does not expect the adoption of ASU 2014-16 to have a material impact on its consolidated financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” The amendments in this ASU eliminate from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement - Extraordinary and Unusual Items, required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have a material impact on its consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis.” The amendments in this ASU are intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification™ and improves current GAAP by placing more emphasis on risk of loss when determining a controlling financial interest, reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (VIE), and changing consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. The amendments in this ASU are effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. ASU 2015-02 may be applied retrospectively in previously issued financial statements for one or more years with a cumulative-effect adjustment to retained earnings as of the beginning of the first year restated. The Company does not expect the adoption of ASU 2015-02 to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The amendments in this ASU are intended to simplify the presentation of debt issuance costs. These amendments require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments in this ASU are effective for public business entities for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption is permitted for financial statements that have not been previously issued. The Company does not expect the adoption of ASU 2015-03 to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” The amendments in this ASU provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendments do not change the accounting for a customer’s accounting for service contracts. As a result of the amendments, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. The amendments in this ASU are effective for public business entities for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. An entity can elect to adopt the amendments either: (1) prospectively to all arrangements entered into or materially modified after the effective date; or (2) retrospectively. The Company is currently assessing the impact that ASU 2015-05 will have on its consolidated financial statements. In May 2015, the FASB issued ASU No. 2015-08, “Business Combinations (Topic 805): Pushdown Accounting – Amendments to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115.” The amendments in ASU 2015-08 amend various SEC paragraphs pursuant to the issuance of Staff Accounting Bulletin No. 115, Topic 5: Miscellaneous Accounting, regarding various pushdown accounting issues, and did not have a material impact on the Company’s consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of Effective Date.” The amendments in ASU 2015-14 defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after December 15, 2019. All other entities may apply the guidance in ASU 2014-09 earlier as of an annual reporting period beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance in ASU 2014-09 earlier as of an annual reporting period beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance in ASU 2014-09. The Company does not expect the adoption of ASU 2015-14 (or ASU 2014-09) to have a material impact on its consolidated financial statements. In August 2015, the FASB issued ASU 2015-15, “Interest – Imputation of Interest (Subtopic 835-30) – Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements (Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting).” On April 7, 2015, the FASB issued ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability. The guidance in ASU 2015-03 (see paragraph 835-30-45-1A) does not address presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, the SEC staff stated that they would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. ASU 2015-15 adds these SEC comments to the "S" section of the Codification. The Company does not expect the adoption of ASU 2015-15 to have a material impact on its consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments.” The amendments in ASU 2015-16 require that an acquirer recognize adjustments to estimated amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the estimated amounts, calculated as if the accounting had been completed at the acquisition date. The amendments also require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the estimated amounts had been recognized as of the acquisition date. The amendments in this ASU are effective for public business entities for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively to adjustments to provisional amounts that occur after the effective date with earlier application permitted for financial statements that have not been issued. The Company does not expect the adoption of ASU 2015-16 to have a material impact on its consolidated financial statements.

Business Combination (Tables)

Business Combination (Tables)	9 Months Ended
	Sep. 30, 2015
Business Combination, Description [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The accretion (amortization) of the acquisition accounting adjustments had the following impact on the financial statements: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2015 2014 2015 2014 Loans $ 19 $ 44 $ 94 $ 203 Premises and equipment 3 2 7 6 Core deposit intangible (9) (9) (27) (27) Building lease obligations - 24 272 71 Net impact to net income $ 13 $ 61 $ 346 $ 253

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The calculation for basic and diluted earnings per common share for the three months and nine months ended September 30, 2015 and 2014 are as follows: Three months ended September 30, Nine months ended September 30, (dollars in thousands) 2015 2014 2015 2014 Net income (loss) $ 130 $ 82 $ 717 $ (472) Weighted average common shares outstanding, basic 6,572,278 6,504,106 6,571,829 4,122,180 Dilutive effect of stock options - - - - Weighted average common shares outstanding, diluted 6,572,278 6,504,106 6,571,829 4,122,180 Basic net income (loss) per common share $ 0.02 $ 0.01 $ 0.11 $ (0.11) Diluted net income (loss) per common share $ 0.02 $ 0.01 $ 0.11 $ (0.11)

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2015
Marketable Securities [Abstract]
Available-for-sale Securities [Table Text Block]	The table below presents the amortized cost, gross unrealized gains and losses, and fair value of securities available for sale at September 30, 2015 and December 31, 2014. September 30, 2015 Amortized Gross Unrealized (dollars in thousands) Cost Gains Losses Fair Value U.S. Government agencies $ 2,196 $ 7 $ (9) $ 2,194 Agency guaranteed mortgage-backed securities 46,561 122 (156) 46,527 Total $ 48,757 $ 129 $ (165) $ 48,721 December 31, 2014 Amortized Gross Unrealized (dollars in thousands) Cost Gains Losses Fair Value U.S. Government agencies $ 3,735 $ 1 $ (17) $ 3,719 Agency guaranteed mortgage-backed securities 49,930 21 (187) 49,764 Total $ 53,665 $ 22 $ (204) $ 53,483
Held-to-maturity Securities [Table Text Block]	The table below presents the carrying value, gross unrealized gains and losses, and fair value of securities held to maturity at September 30, 2015 and December 31, 2014. September 30, 2015 Carry Gross Unrealized (dollars in thousands) Value Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 26,281 $ 461 $ - $ 26,742 Total $ 26,281 $ 461 $ - $ 26,742 December 31, 2014 Carry Gross Unrealized (dollars in thousands) Value Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 20,716 $ 333 $ (2) $ 21,047 Total $ 20,716 $ 333 $ (2) $ 21,047
Fair Value, by Balance Sheet Grouping [Table Text Block]	(Dollars in thousands) Amortized Fair Value Over five years within ten years $ 2,309 $ 2,308 Over ten years 46,448 46,413 Total $ 48,757 $ 48,721 The carrying value and fair value of securities held to maturity as of September 30, 2015, by contractual maturity are shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations without penalties. They are as follows: (Dollars in thousands) Carry Fair Value Over five years within ten years $ 3,649 $ 3,801 Over ten years 22,632 22,941 Total $ 26,281 $ 26,742
Schedule of Unrealized Loss on Investments [Table Text Block]	Unrealized losses on investments at September 30, 2015 and December 31, 2014 were as follows: September 30, 2015 Less than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ 1,572 $ (9) $ - $ - $ 1,572 $ (9) Agency guaranteed mortgage-backed securities 3,471 (38) 14,155 (118) 17,626 (156) Total $ 5,043 $ (47) $ 14,155 $ (118) $ 19,198 $ (165) December 31, 2014 (dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Government agencies $ - $ - $ 2,689 $ (17) $ 2,689 $ (17) Agency guaranteed mortgage-backed securities 43,406 (161) 1,904 (28) 45,310 (189) Total $ 43,406 $ (161) $ 4,593 $ (45) $ 47,999 $ (206)

Loans, Allowance for Loan Los20

Loans, Allowance for Loan Losses and Credit Quality (Tables)	9 Months Ended
	Sep. 30, 2015
Allowance For Loan And Lease Losses Provision For Net Loss [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The following table exhibits loans by sub-segment at September 30, 2015 and December 31, 2014. (dollars in thousands) September 30, 2015 December 31, 2014 Commercial Real Estate: Acquisition, development and construction $ 1,870 $ 2,159 Non-owner occupied 57,819 51,512 Owner occupied 46,646 49,582 Commercial and industrial 26,751 24,153 Guaranteed student loans 56,072 64,870 Consumer: Residential mortgage 15,803 8,377 HELOC 10,935 11,074 Other 12,869 1,232 Total loans 228,765 212,959 Allowance for loan losses (903) (1,089) Total loans, net of allowance for loan losses $ 227,862 $ 211,870
Schedule Of Loans Acquired In Business Combination [Table Text Block]	The loans acquired with evidence of deterioration in credit quality are accounted for under the guidance ASC 310-30 “Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality.” Information related to these loans is as follows: (dollars in thousands) September 30, 2015 December 31, 2014 Contract principal balance $ 5,113 $ 7,178 Accretable yield (3) (42) Nonaccretable difference - (5) Carrying value of loans $ 5,110 $ 7,131
Summary Of Changes To Accretable and Non Accretable Discounts [Table Text Block]	A summary of changes to the accretable yield and nonaccretable discount during the nine months ended September 30, 2015 and 2014 is as follows: 2015 2014 Accretable Nonaccretable Accretable Nonaccretable (dollars in thousands) Yield Discount Yield Discount Beginning balance $ 42 $ 5 $ 62 $ 61 Charge-offs related to loans covered by ASC 310-30 - - - (56) Transfers 5 (5) - - Accretion (44) (15) - Ending balance $ 3 $ $ 47 $ 5
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2015 (dollars in thousands) Commercial Real Estate Consumer Non- Guaranteed Acq-Dev owner Owner Commercial Student Residential Credit quality class Construction Occupied Occupied and Industrial Loans Mortgage HELOC Other Total 1 Highest quality $ - $ - $ - $ - $ - $ - $ - $ - $ - 2 Above average quality - 5,814 3,369 2,655 56,072 - 1,132 393 69,435 3 Satisfactory 389 28,973 21,043 17,522 11,080 6,232 12,407 97,646 4 Pass 491 20,122 19,776 5,976 4,472 2,700 66 53,603 5 Special mention - 1,511 117 560 27 268 3 2,486 6 Substandard 188 - - 13 42 242 - 485 7 Doubtful - - - - - - - - - 1,068 56,420 44,305 26,726 56,072 15,621 10,574 12,869 223,655 Loans acquired with deteriorated credit quality 802 1,399 2,341 25 - 182 361 - 5,110 Total loans $ 1,870 $ 57,819 $ 46,646 $ 26,751 $ 56,072 $ 15,803 $ 10,935 $ 12,869 $ 228,765 December 31, 2014 (dollars in thousands) Commercial Real Estate Consumer Non- Guaranteed Acq-Dev owner Owner Commercial Student Residential Credit quality class Construction Occupied Occupied and Industrial Loans Mortgage HELOC Other Total 1 Highest quality $ - $ - $ - $ - $ - $ - $ - $ - $ - 2 Above average quality - 2,225 2,788 2,498 64,870 24 1,394 719 74,518 3 Satisfactory 458 30,473 26,608 14,883 - 3,325 6,140 425 82,312 4 Pass 476 17,236 16,986 5,593 - 4,768 2,589 88 47,736 5 Special mention - 123 - 68 - 75 319 - 585 6 Substandard 267 - - 142 - - 268 - 677 7 Doubtful - - - - - - - - - 1,201 50,057 46,382 23,184 64,870 8,192 10,710 1,232 205,828 Loans acquired with deteriorated credit quality 958 1,455 3,200 969 - 185 364 - 7,131 Total loans $ 2,159 $ 51,512 $ 49,582 $ 24,153 $ 64,870 $ 8,377 $ 11,074 $ 1,232 $ 212,959
Past Due Financing Receivables [Table Text Block]	A summary of the balances of loans outstanding by days past due, including accruing and non-accruing loans by portfolio class as of September 30, 2015 and December 31, 2014 is as follows: Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential At September 30, 2015 (in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total 30 - 59 days $ - $ - $ - $ - $ 4,037 $ - $ - $ - $ 4,037 60 - 89 days - - - - 2,475 - - - 2,475 > 90 days 420 - 1,206 3 8,888 44 - - 10,561 Total past due 420 - 1,206 3 15,400 44 - - 17,073 Current 1,450 57,819 45,440 26,748 40,672 15,759 10,935 12,869 211,692 Total loans $ 1,870 $ 57,819 $ 46,646 $ 26,751 $ 56,072 $ 15,803 $ 10,935 $ 12,869 $ 228,765 > 90 days still accruing $ - $ - $ - $ - $ 8,888 $ - $ - $ - $ 8,888 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential At December 31, 2014 (in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total 30 - 59 days $ - $ - $ - $ - $ 4,029 $ - $ - $ - $ 4,029 60 - 89 days - - 885 - 1,989 - 75 - 2,949 > 90 days 548 - 314 121 11,378 44 - - 12,405 Total past due 548 - 1,199 121 17,396 44 75 - 19,383 Current 1,611 51,512 48,383 24,032 47,474 8,333 10,999 1,232 193,576 Total loans $ 2,159 $ 51,512 $ 49,582 $ 24,153 $ 64,870 $ 8,377 $ 11,074 $ 1,232 $ 212,959 > 90 days still accruing $ - $ - $ - $ - $ 11,378 $ - $ - $ - $ 11,378
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	A summary of non-accrual loans by portfolio class is as follows: September 30, December 31, (dollars in thousands) 2015 2014 Commercial Real Estate: Acquisition, development and construction $ 420 $ 548 Owner occupied 1,206 1,198 Commercial and industrial 13 121 Consumer: Residential mortgage 44 44 HELOC 292 310 Total non-accrual loans $ 1,975 $ 2,221 Non-accrual troubled debt restructurings included above $ - $ - Non-accrual purchased credit impaired loans included above $ 1,618 $ 1,741
Impaired Financing Receivables [Table Text Block]	The following information is a summary of related impaired loans, excluding loans acquired with deteriorating credit quality, presented by portfolio class as of September 30, 2015: Average Recorded Unpaid Related Recorded Interest (dollars in thousands) Investment (1) Principal (2) Allowance Investment Recorded With no related allowance recorded: Commercial Real Estate: Acquisition, development and construction $ 188 $ 188 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 13 13 - 23 - Consumer: - Residential mortgage 42 42 - 44 2 HELOC 242 242 - 254 3 Other - - - - $ 485 $ 485 $ - $ 509 $ 5 With an allowance recorded: Commercial Real Estate: Acquisition, development and construction $ - $ - $ - $ - $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial - - - - - Consumer: Residential mortgage - - - - - HELOC - - - - - Other - - - - - $ - $ - $ - $ - $ - Total: Commercial Real Estate: Acquisition, development and construction $ 188 $ 188 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 13 13 - 23 - Consumer: - - - - - Residential mortgage 42 42 - 44 2 HELOC 242 242 - 254 3 Other - - - - - Total $ 485 $ 485 $ - $ 509 $ 5 The following information is a summary of related impaired loans, excluding loans acquired with deteriorating credit quality, presented by portfolio class as of December 31, 2014: Average Recorded Unpaid Related Recorded Interest (dollars in thousands) Investment (1) Principal (2) Allowance Investment Recorded With no related allowance recorded: Commercial Real Estate: Acquisition, development and construction $ 267 $ 267 $ - $ 269 $ 6 Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 32 34 - 46 2 Consumer: - Residential mortgage - - - - - HELOC 193 193 - 197 3 Other - - - - $ 492 $ 494 $ - $ 512 $ 11 With an allowance recorded: Commercial Real Estate: Acquisition, development and construction $ - $ - $ - $ - $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 110 540 110 309 7 Consumer: Residential mortgage - - - - - HELOC 75 75 33 75 - Other - - - - - $ 185 $ 615 $ 143 $ 384 $ 7 Total: Commercial Real Estate: Acquisition, development and construction $ 267 $ 267 $ - $ 269 $ 6 Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial 142 574 110 355 9 Consumer: - - - - - Residential mortgage - - - - - HELOC 268 268 33 272 3 Other - - - - - Total $ 677 $ 1,109 $ 143 $ 896 $ 18 (1) The amount of the investment in a loan, which is not net of a valuation allowance, but which does reflect any direct write-down of the investment. (2) The contractual amount due, which reflects paydowns applied in accordance with loan documents, but which does not reflect any direct write-downs.
Summary Of Allowance For Loan Losses By Portfolio Segment [Table Text Block]	Activity in the ALLL for the nine months ended September 30, 2015 and 2014 is summarized below: Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses Beginning balance, December 31, 2014 $ 146 $ 97 $ 149 $ 357 $ 144 $ 98 $ 76 $ 22 $ 1,089 Charge-offs (127) - - (109) (163) - (20) (2) (421) Recoveries - 234 321 - 4 6 - 565 Net (charge-offs) recoveries (127) - 234 212 (163) 4 (14) (2) 144 Provision (recovery) 40 185 (298) (443) 102 (39) (10) 133 (330) Ending balance, Septembere 30, 2015 $ 59 $ 282 $ 85 $ 126 $ 83 $ 63 $ 52 $ 153 $ 903 Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses Beginning balance, December 31, 2013 $ 300 $ 39 $ 322 $ 377 $ 268 $ 120 $ 20 $ 43 $ 1,489 Charge-offs (6) (114) - (55) (316) - - - (491) Recoveries 3 49 - 27 - 4 2 20 105 Net (charge-offs) recoveries (3) (65) - (28) (316) 4 2 20 (386) Provision (recovery) (89) 186 (151) (38) 224 6 30 (45) 123 Ending balance, Septembere 30, 2014 $ 208 $ 160 $ 171 $ 311 $ 176 $ 130 $ 52 $ 18 $ 1,226 A summary of the ALLL by portfolio segment and impairment evaluation methodology as of September 30, 2015 and December 31, 2014 is as follows: Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses for loans Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 59 282 85 126 83 63 52 153 903 Loans acquired with deteriorated credit quality - - - - - - - - - Ending balance, September 30, 2015 $ 59 $ 282 $ 85 $ 126 $ 83 $ 63 $ 52 $ 153 $ 903 Gross loan balances Individually evaluated for impairment $ 188 $ - $ - $ 13 $ - $ 42 $ 242 $ - $ 485 Collectively evaluated for impairment 880 56,420 44,305 26,713 56,072 15,579 10,332 12,869 223,170 Loans acquired with deteriorated credit quality 802 1,399 2,341 25 - 182 361 - 5,110 Ending balance, September 30, 2015 $ 1,870 $ 57,819 $ 46,646 $ 26,751 $ 56,072 $ 15,803 $ 10,935 $ 12,869 $ 228,765 Commercial Real Estate Consumer Acquisition, Development, Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total Allowance for loan losses for loans Individually evaluated for impairment $ - $ - $ - $ 110 $ - $ - $ 33 $ - $ 143 Collectively evaluated for impairment 56 97 149 247 144 98 43 22 856 Loans acquired with deteriorated credit quality 90 - - - - - - - 90 Ending balance, December 31, 2014 $ 146 $ 97 $ 149 $ 357 $ 144 $ 98 $ 76 $ 22 $ 1,089 Gross loan balances Individually evaluated for impairment $ 267 $ - $ - $ 142 $ - $ - $ 268 $ - $ 677 Collectively evaluated for impairment 934 50,057 46,382 23,042 64,870 8,192 10,442 1,232 205,151 Loans acquired with deteriorated credit quality 958 1,455 3,200 969 - 185 364 - 7,131 Ending balance, December 31, 2014 $ 2,159 $ 51,512 $ 49,582 $ 24,153 $ 64,870 $ 8,377 $ 11,074 $ 1,232 $ 212,959

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	A summary of the three and nine months ending September 30, 2015 activity in this account is as follows: (dollars in thousands) Balance at June 30, 2015 $ 86 Amortization (9) Balance at September 30, 2015 $ 77 (dollars in thousands) Balance at December 31, 2014 $ 104 Amortization (27) Balance at September 30, 2015 $ 77

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The carrying value and fair values of financial assets and liabilities are as follows: Carrying Fair Value Measurements at September 30, 2015 (dollars in thousands) amount Level 1 Level 2 Level 3 Fair Value Assets: Cash and cash equivalents $ 25,407 $ 25,407 $ - $ - $ 25,407 Securities available for sale 48,721 - 48,721 - 48,721 Securities held to maturity 26,281 - 26,742 - 26,742 Restricted securities 2,330 - 2,330 - 2,330 Loans held for sale 109 - 109 - 109 Net loans held for investment 227,862 - - 227,657 227,657 Interest receivable 1,924 1,924 1,924 Liabilities: Demand deposits 28,359 - 28,359 - 28,359 Savings and interest-bearing demand deposits 104,006 - 104,006 - 104,006 Time deposits 156,943 - 157,728 - 157,728 FHLB Borrowings 30,000 - 29,894 - 29,894 Interest payable 210 - 210 - 210 Carrying Fair Value Measurements at December 31, 2014 (dollars in thousands) amount Level 1 Level 2 Level 3 Fair Value Assets: Cash and cash equivalents $ 21,847 $ 21,847 $ - $ - $ 21,847 Securities available for sale 53,483 - 53,483 - 53,483 Securities held to maturity 20,716 - 21,047 - 21,047 Restricted securities 2,092 - 2,092 - 2,092 Net loans held for investment 211,870 - - 213,861 213,861 Interest receivable 2,040 - 2,040 - 2,040 Liabilities: Demand deposits 30,709 - 30,709 - 30,709 Savings and interest-bearing demand deposits 83,339 - 83,339 - 83,339 Time deposits 151,555 - 152,179 - 152,179 FHLB Borrowings 25,000 - 24,753 - 24,753 Interest payable 161 - 161 - 161
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following table presents the balances of financial assets measured at fair value on a recurring basis: Quoted Prices in Active Markets for Significant Identical Significant Other Unobservable Assets Observable Inputs Inputs (dollars in thousands) Balance (Level 1) (Level 2) (Level 3) September 30, 2015 U. S. Government Agencies $ 2,194 $ - $ 2,194 $ - Agency Guaranteed Mortgage-backed securities 46,527 - 46,527 - December 31, 2014 U. S. Government Agencies $ 3,719 $ - $ 3,719 $ - Agency Guaranteed Mortgage-backed securities 49,764 - 49,764 -
Fair Value Measurements, Nonrecurring [Table Text Block]	The following tables summarize the Company’s assets that were measured at fair value on a nonrecurring basis: Quoted Prices in Active Markets for Significant Identical Significant Other Unobservable Assets Observable Inputs Inputs (dollars in thousands) Balance (Level 1) (Level 2) (Level 3) September 30, 2015 OREO $ 1,761 $ - $ - $ 1,761 December 31, 2014 Impaired loans $ 42 $ - $ - $ 42 OREO 1,641 - - 1,641
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	The following table presents qualitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at September 30, 2015 and December 31, 2014: September 30, 2015 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Range (Weighted Description Fair Value Valuation Technique Unobservable input Average) Other real estate owned $ 1,761 Appraisals Discount to reflect current market condition and estimated selling costs 6-29% December 31, 2014 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Range (Weighted Description Fair Value Valuation Technique Unobservable input Average) Impaired loans $ 42 Appraisals Discount to reflect current market condition and estimated selling costs 0-10% Other real estate owned $ 1,641 Appraisals Discount to reflect current market condition and estimated selling costs 6-29%

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2015
Share-Based Compensation [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the Company’s option activity as of September 30, 2015 and changes during the period then ended are presented in the following table: Wgt. Avg. Wgt. Avg. Remaining Wgt. Avg. Aggregate Exercise Contractual Grant Date Intrinsic As of 12/31/2014 Stock Options Price Life Fair Value Value Outstanding 145,478 $ 6.94 7.88 $ 2.29 $ - Vested 60,692 $ 9.24 7.18 $ 3.03 $ - Nonvested 84,786 $ 5.29 8.39 $ 1.76 $ - Period Activity Issued 20,600 $ 3.79 - $ 1.36 - Exercised - - - - - Forfeited 36,998 $ 6.40 - 1.92 - Expired - - - - - As of 9/30/2015 Outstanding 129,080 $ 6.59 7.70 $ 2.25 $ - Vested 59,552 $ 9.00 6.73 $ 3.02 $ - Nonvested 69,528 $ 4.53 8.54 $ 1.58 $ -
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	The remaining unrecognized compensation expense for the options granted totaled $ 70 123 Wgt. Avg. Outstanding as of September 30, 2015 Wgt. Avg. Remaining Stock Options Exercise Contractual Range of Exercise Prices Outstanding Price Life $ 3.79 $ 60.24 129,080 $ 6.59 7.70 Total 129,080 $ 6.59 7.70 Exercisable: Wgt. Avg. Stock Options Exercise Range of Exercise Prices Exercisable Price $ 3.79 $ 60.24 59,552 $ 9.00 Total 59,552 $ 9.00
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair value of each option granted is estimated on the date of grant using the "Black-Scholes Option Pricing" method with the follwing assumptions. Nine Months Ended Year Ended September 30, December 31, 2015 2014 Expected dividend rate 0.00 % 0.00 % Expected volatility 30.00 % 30.00 % Expected term in years 7 7 Risk free rate 2.01 % 2.15 % Total intrinsic value of options exercised: $ - Total fair value of shares vested: $ 34,937 Weighted-average period over which nonvested awards are expected to be recognized: 0.97 years
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	A summary of the Company’s restricted stock activity as of September 30, 2015 and changes during the period then ended are presented in the following table: Wgt. Avg. Grant Date As of 12/31/2014 Restricted Stock Fair Value Nonvested 52,580 $ 4.23 Period Activity Issued 80,000 $ 3.99 Vested 2,340 $ 4.41 Forfeited - - As of 9/30/2015 Nonvested 130,240 $ 4.08 Total fair value of shares vested: $ 10,319 Weighted-average period over which nonvested awards are expected to be recognized: 1.43 years

Accumulated Other Comprehensi24

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Comprehensive Income (Loss) [Table Text Block]	The changes in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2015 and 2014 are summarized as follows: (dollars in thousands) Three Months Ended Sepember 30, Nine Months Ended September 30, 2015 2014 2015 2014 Beginning balance $ (609) $ (440) $ (468) $ (384) Unrealized holding gains (losses) on available for sale securities 312 (72) 146 (153) Amortization of available for sale to held to maturity reclassification adjustment 12 11 37 36 Net current period other comprehensive income (loss) 324 (61) 183 (117) Ending balance $ (285) $ (501) $ (285) $ (501)
Schedule Of Amounts Reclassified From Accumulated Other Comprehensive Income Loss [Table Text Block]	The following table presents information on amounts reclassified out of accumulated other comprehensive income (loss), by category, during the periods indicated: (in thousands) Three Months Ended September 30, Affected Line Item on 2015 2014 Consolidated Statement of Operations Realized gains (losses) on sales of available for sale securities $ 22 $ (3) Net gain (loss) on sale of available-for-sale securities Total reclassifications $ 22 $ (3) Nine Months Ended September 30, Affected Line Item on 2015 2014 Consolidated Statement of Operations Realized gains on sales of available for sale securities $ 136 $ 61 Net gain on sale of available-for-sale securities Total reclassifications $ 136 $ 61

Organization and Summary of S25

Organization and Summary of Significant Accounting Policies (Details Textual) - USD ($)	Apr. 10, 2014	Jun. 25, 2014	Sep. 30, 2015	May. 20, 2015	Mar. 29, 2013	Aug. 28, 2012	Dec. 10, 2010
Percentage Of Capital Investments	100.00%
Stock Repurchase Program, Authorized Amount				$ 500,000
Stock Repurchased During Period, Shares			21,200
Bank Of Virginia [Member]
Equity Method Investments						$ 3,000,000	$ 10,300,000
Business Acquisition, Percentage of Voting Interests Acquired					100.00%		59.80%
Business Acquisition Share Issued Per Share Of Minority Share Of Acquire					0.664
Redeemable Convertible Preferred Stock [Member]
Purchase Price Of Convertible Preferred Stock	$ 42,500
Proceeds from Issuance of Preferred Stock and Preference Stock	$ 15,400,000
Non-Voting [Member]
Sale of Stock, Price Per Share	$ 0.01
Convertible Preferred Stock, Shares Issued upon Conversion	363	1,400,437
Voting [Member]
Convertible Preferred Stock, Shares Issued upon Conversion		2,229,434
Series A Preferred Stock [Member]
Convertible Preferred Stock, Shares Issued upon Conversion		3,629,871
Convertible Preferred Stock, Terms of Conversion		each share of Series A Preferred Stock mandatorily converted into 10,000 shares of Cordias common stock at a conversion price of $4.25 per share

Business Combination (Details)

Business Combination (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net impact to net income	$ 13	$ 61	$ 346	$ 253
Loans [Member]
Net impact to net income	19	44	94	203
Premises and equipment [Member]
Net impact to net income	3	2	7	6
Core Deposit Intangible [Member]
Net impact to net income	(9)	(9)	(27)	(27)
Building Lease Obligations [Member]
Net impact to net income	$ 0	$ 24	$ 272	$ 71

Business Combination (Details T

Business Combination (Details Textual) - USD ($) $ in Millions	Dec. 10, 2010	Mar. 29, 2013
Goodwill	$ 5.9
Bank Of Virginia [Member]
Equity Method Investment, Ownership Percentage	59.80%
Stock Issued During Period, Shares, New Issues	1,355,263
Business Acquisition Share Issued Per Share Of Minority Share Of Acquiree		0.664

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net income (loss)	$ 130	$ 82	$ 717	$ (472)
Weighted average common shares outstanding, basic	6,572,278	6,504,106	6,571,829	4,122,180
Dilutive effect of stock options	0	0	0
Weighted average common shares outstanding, diluted	6,572,278	6,504,106	6,571,829	4,122,180
Basic net income (loss) per common share	$ 0.02	$ 0.01	$ 0.11	$ (0.11)
Diluted net income (loss) per common share	$ 0.02	$ 0.01	$ 0.11	$ (0.11)

Earnings Per Share (Details Tex

Earnings Per Share (Details Textual) - shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	578,125	578,125
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	129,000	143,000

Securities (Details)

Securities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 48,757	$ 53,665
Gross Unrealized Gains	129	22
Gross Unrealized Losses	(165)	(204)
Fair Value	48,721	53,483
U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,196	3,735
Gross Unrealized Gains	7	1
Gross Unrealized Losses	(9)	(17)
Fair Value	2,194	3,719
Agency Guaranteed Mortgage- Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	46,561	49,930
Gross Unrealized Gains	122	21
Gross Unrealized Losses	(156)	(187)
Fair Value	$ 46,527	$ 49,764

Securities (Details 1)

Securities (Details 1) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Carry Value	$ 26,281	$ 20,716
Gross Unrealized Gains	461	333
Gross Unrealized Losses	0	(2)
Fair Value	26,742	21,047
Agency Guaranteed Mortgage- Backed Securities [Member]
Carry Value	26,281	20,716
Gross Unrealized Gains	461	333
Gross Unrealized Losses	0	(2)
Fair Value	$ 26,742	$ 21,047

Securities (Details 2)

Securities (Details 2) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Available For Sale Securities, Amortized Cost
Over five years within ten years	$ 2,309
Over ten years	46,448
Total	48,757
Available For Sale Securities, Fair Value
Over five years within ten years	2,308
Over ten years	46,413
Total	48,721	$ 53,483
Held-to-maturity Securities, Carry Value
Over five years within ten years	3,649
Over ten years	22,632
Total	26,281	20,716
Held-to-maturity Securities, Fair Value
Over five years within ten years	3,801
Over ten years	22,941
Total	$ 26,742	$ 21,047

Securities (Details 3)

Securities (Details 3) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Losses on Securities Less than 12 Months Fair Value	$ 5,043	$ 43,406
Unrealized Losses on Securities Less than 12 Months Unrealized Losses	(47)	(161)
Unrealized Losses on Securities 12 Months or longer Fair Value	14,155	4,593
Unrealized Losses on Securities 12 Months or longer Unrealized Losses	(118)	(45)
Fair Value	19,198	47,999
Unrealized Losses	(165)	(206)
U.S. Government Agencies [Member]
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Losses on Securities Less than 12 Months Fair Value	1,572	0
Unrealized Losses on Securities Less than 12 Months Unrealized Losses	(9)	0
Unrealized Losses on Securities 12 Months or longer Fair Value	0	2,689
Unrealized Losses on Securities 12 Months or longer Unrealized Losses	0	(17)
Fair Value	1,572	2,689
Unrealized Losses	(9)	(17)
Agency Guaranteed Mortgage- Backed Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Losses on Securities Less than 12 Months Fair Value	3,471	43,406
Unrealized Losses on Securities Less than 12 Months Unrealized Losses	(38)	(161)
Unrealized Losses on Securities 12 Months or longer Fair Value	14,155	1,904
Unrealized Losses on Securities 12 Months or longer Unrealized Losses	(118)	(28)
Fair Value	17,626	45,310
Unrealized Losses	$ (156)	$ (189)

Securities (Details Textual)

Securities (Details Textual) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Pledged Financial Instruments, Not Separately Reported, Mortgage-Related Securities Available-for-sale or Held-for-investment	$ 14,400	$ 14,400		$ 7,800
Available-for-sale Securities, Gross Realized Gains	22	136	$ 61
Held-to-maturity Securities	26,281	26,281		20,716
Marketable Securities, Current, Total	75,000	75,000		74,200
Available-for-sale Securities	48,721	48,721		53,483
Proceeds from Sale of Available-for-sale Securities, Debt	6,800	19,900	$ 8,900
Federal Home Loan Bank Advances	$ 17,600	17,600		9,600
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Total		$ 165		$ 206

Loans, Allowance for Loan Los35

Loans, Allowance for Loan Losses and Credit Quality (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Total loans	$ 228,765	$ 212,959
Allowance for loan losses	(903)	(1,089)	$ (1,226)	$ (1,489)
Total loans, net of allowance for loan losses	227,862	211,870
Commercial and Industrial [Member]
Total loans	26,751	24,153
Allowance for loan losses	(126)	(357)	(311)	(377)
Guaranteed Student Loans [Member]
Total loans	56,072	64,870
Allowance for loan losses	(83)	(144)	(176)	(268)
Acquisition, Development, and Construction [Member] | Commercial real estate [Member]
Total loans	1,870	2,159
Allowance for loan losses	(59)	(146)	(208)	(300)
Non-Owner Occupied [Member] | Commercial real estate [Member]
Total loans	57,819	51,512
Allowance for loan losses	(282)	(97)	(160)	(39)
Owner Occupied [Member] | Commercial real estate [Member]
Total loans	46,646	49,582
Allowance for loan losses	(85)	(149)	(171)	(322)
Residential Mortgage [Member] | Consumer [Member]
Total loans	15,803	8,377
Allowance for loan losses	(63)	(98)	(130)	(120)
Home Equity Lines of Credit [Member] | Consumer [Member]
Total loans	10,935	11,074
Allowance for loan losses	(52)	(76)	(52)	(20)
Other [Member] | Consumer [Member]
Total loans	12,869	1,232
Allowance for loan losses	$ (153)	$ (22)	$ (18)	$ (43)

Loans, Allowance for Loan Los36

Loans, Allowance for Loan Losses and Credit Quality (Details 1) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Contract principal balance	$ 5,113	$ 7,178
Accretable yield	(3)	(42)
Nonaccretable Discount	0	(5)	$ (5)	$ (61)
Carrying value of loans	$ 5,110	$ 7,131

Loans, Allowance for Loan Los37

Loans, Allowance for Loan Losses and Credit Quality (Details 2) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Accretable Yield Beginning balance	$ 42	$ 62
Accretable Yield Charge-offs related to loans covered by ASC 310-30	0	0
Accretable Yield Transfers	5	0
Accretable Yield Accretion	(44)	(15)
Accretable Yield Ending balance	3	47
Nonaccretable Discount Beginning balance	5	61
Nonaccretable Discount Charge-offs related to loans covered by ASC 310-30	0	(56)
Nonaccretable Discount Transfers	$ (5)	0
Nonaccretable Discount Accretion		0
Nonaccretable Discount Ending balance	$ 0	$ 5

Loans, Allowance for Loan Los38

Loans, Allowance for Loan Losses and Credit Quality (Details 3) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Loans acquired with credit quality	$ 223,655	$ 205,828
Total loans	228,765	212,959
Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	802	7,131
Highest Quality [Member]
Loans acquired with credit quality	0	0
Above Average Quality [Member]
Loans acquired with credit quality	69,435	74,518
Satisfactory [Member]
Loans acquired with credit quality	97,646	82,312
Pass [Member]
Loans acquired with credit quality	53,603	47,736
Special Mention [Member]
Loans acquired with credit quality	2,486	585
Substandard [Member]
Loans acquired with credit quality	485	677
Doubtful [Member]
Loans acquired with credit quality	0	0
Non-Owner Occupied [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	1,399
Owner Occupied [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	2,341
Residential Mortgage [Member]
Total loans		8,377
Residential Mortgage [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	182
Home Equity Lines of Credit [Member]
Total loans		11,074
Home Equity Lines of Credit [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	361
Other [Member]
Total loans		1,232
Other [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	0
Commercial Real Estate [Member]
Total loans	1,870	2,159
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Loans acquired with credit quality	1,068	1,201
Total loans	1,870	2,159
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans		958
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Above Average Quality [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Satisfactory [Member]
Loans acquired with credit quality	389	458
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Pass [Member]
Loans acquired with credit quality	491	476
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Special Mention [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Substandard [Member]
Loans acquired with credit quality	188	267
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Loans acquired with credit quality	56,420	50,057
Total loans	57,819	51,512
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans		1,455
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Above Average Quality [Member]
Loans acquired with credit quality	5,814	2,225
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Satisfactory [Member]
Loans acquired with credit quality	28,973	30,473
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Pass [Member]
Loans acquired with credit quality	20,122	17,236
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Special Mention [Member]
Loans acquired with credit quality	1,511	123
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Substandard [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Owner Occupied [Member]
Loans acquired with credit quality	44,305	46,382
Total loans	46,646	49,582
Commercial Real Estate [Member] | Owner Occupied [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans		3,200
Commercial Real Estate [Member] | Owner Occupied [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Above Average Quality [Member]
Loans acquired with credit quality	3,369	2,788
Commercial Real Estate [Member] | Owner Occupied [Member] | Satisfactory [Member]
Loans acquired with credit quality	21,043	26,608
Commercial Real Estate [Member] | Owner Occupied [Member] | Pass [Member]
Loans acquired with credit quality	19,776	16,986
Commercial Real Estate [Member] | Owner Occupied [Member] | Special Mention [Member]
Loans acquired with credit quality	117	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Substandard [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Commercial and Industrial [Member]
Loans acquired with credit quality	26,726	23,184
Total loans	26,751	24,153
Commercial and Industrial [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	25	969
Commercial and Industrial [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Commercial and Industrial [Member] | Above Average Quality [Member]
Loans acquired with credit quality	2,655	2,498
Commercial and Industrial [Member] | Satisfactory [Member]
Loans acquired with credit quality	17,522	14,883
Commercial and Industrial [Member] | Pass [Member]
Loans acquired with credit quality	5,976	5,593
Commercial and Industrial [Member] | Special Mention [Member]
Loans acquired with credit quality	560	68
Commercial and Industrial [Member] | Substandard [Member]
Loans acquired with credit quality	13	142
Commercial and Industrial [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member]
Loans acquired with credit quality	56,072	64,870
Total loans	56,072	64,870
Guaranteed Student Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans	0	0
Guaranteed Student Loans [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member] | Above Average Quality [Member]
Loans acquired with credit quality	56,072	64,870
Guaranteed Student Loans [Member] | Satisfactory [Member]
Loans acquired with credit quality		0
Guaranteed Student Loans [Member] | Pass [Member]
Loans acquired with credit quality		0
Guaranteed Student Loans [Member] | Special Mention [Member]
Loans acquired with credit quality		0
Guaranteed Student Loans [Member] | Substandard [Member]
Loans acquired with credit quality		0
Guaranteed Student Loans [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Residential Mortgage [Member]
Loans acquired with credit quality	15,621	8,192
Total loans	15,803	8,377
Consumer [Member] | Residential Mortgage [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans		185
Consumer [Member] | Residential Mortgage [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Residential Mortgage [Member] | Above Average Quality [Member]
Loans acquired with credit quality	0	24
Consumer [Member] | Residential Mortgage [Member] | Satisfactory [Member]
Loans acquired with credit quality	11,080	3,325
Consumer [Member] | Residential Mortgage [Member] | Pass [Member]
Loans acquired with credit quality	4,472	4,768
Consumer [Member] | Residential Mortgage [Member] | Special Mention [Member]
Loans acquired with credit quality	27	75
Consumer [Member] | Residential Mortgage [Member] | Substandard [Member]
Loans acquired with credit quality	42	0
Consumer [Member] | Residential Mortgage [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Home Equity Lines of Credit [Member]
Loans acquired with credit quality	10,574	10,710
Total loans	10,935	11,074
Consumer [Member] | Home Equity Lines of Credit [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans		364
Consumer [Member] | Home Equity Lines of Credit [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Home Equity Lines of Credit [Member] | Above Average Quality [Member]
Loans acquired with credit quality	1,132	1,394
Consumer [Member] | Home Equity Lines of Credit [Member] | Satisfactory [Member]
Loans acquired with credit quality	6,232	6,140
Consumer [Member] | Home Equity Lines of Credit [Member] | Pass [Member]
Loans acquired with credit quality	2,700	2,589
Consumer [Member] | Home Equity Lines of Credit [Member] | Special Mention [Member]
Loans acquired with credit quality	268	319
Consumer [Member] | Home Equity Lines of Credit [Member] | Substandard [Member]
Loans acquired with credit quality	242	268
Consumer [Member] | Home Equity Lines of Credit [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Other [Member]
Loans acquired with credit quality	12,869	1,232
Total loans	12,869	1,232
Consumer [Member] | Other [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Total loans		0
Consumer [Member] | Other [Member] | Highest Quality [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Other [Member] | Above Average Quality [Member]
Loans acquired with credit quality	393	719
Consumer [Member] | Other [Member] | Satisfactory [Member]
Loans acquired with credit quality	12,407	425
Consumer [Member] | Other [Member] | Pass [Member]
Loans acquired with credit quality	66	88
Consumer [Member] | Other [Member] | Special Mention [Member]
Loans acquired with credit quality	3	0
Consumer [Member] | Other [Member] | Substandard [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Other [Member] | Doubtful [Member]
Loans acquired with credit quality	$ 0	$ 0

Loans, Allowance for Loan Los39

Loans, Allowance for Loan Losses and Credit Quality (Details 4) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Total past due	$ 17,073	$ 19,383
Current	211,692	193,576
Total loans	228,765	212,959
> 90 days and still accruing	8,888	11,378
Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	4,037	4,029
Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	2,475	2,949
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	10,561	12,405
Residential Mortgage [Member]
Total loans		8,377
Home Equity Lines of Credit [Member]
Total loans		11,074
Other Credit Derivatives [Member]
Total loans		1,232
Commercial Real Estate [Member]
Total loans	1,870	2,159
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Total past due	420	548
Current	1,450	1,611
Total loans	1,870	2,159
> 90 days and still accruing	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	420	548
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Total past due	0	0
Current	57,819	51,512
Total loans	57,819	51,512
> 90 days and still accruing	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	0	0
Commercial Real Estate [Member] | Owner Occupied [Member]
Total past due	1,206	1,199
Current	45,440	48,383
Total loans	46,646	49,582
> 90 days and still accruing	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	885
Commercial Real Estate [Member] | Owner Occupied [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	1,206	314
Commercial and Industrial [Member]
Total past due	3	121
Current	26,748	24,032
Total loans	26,751	24,153
> 90 days and still accruing	0	0
Commercial and Industrial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Commercial and Industrial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	0
Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	3	121
Guaranteed Student Loans [Member]
Total past due	15,400	17,396
Current	40,672	47,474
Total loans	56,072	64,870
> 90 days and still accruing	8,888	11,378
Guaranteed Student Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	4,037	4,029
Guaranteed Student Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	2,475	1,989
Guaranteed Student Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	8,888	11,378
Consumer [Member] | Residential Mortgage [Member]
Total past due	44	44
Current	15,759	8,333
Total loans	15,803	8,377
> 90 days and still accruing	0	0
Consumer [Member] | Residential Mortgage [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Consumer [Member] | Residential Mortgage [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	0
Consumer [Member] | Residential Mortgage [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	44	44
Consumer [Member] | Home Equity Lines of Credit [Member]
Total past due	0	75
Current	10,935	10,999
Total loans	10,935	11,074
> 90 days and still accruing	0	0
Consumer [Member] | Home Equity Lines of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Consumer [Member] | Home Equity Lines of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	75
Consumer [Member] | Home Equity Lines of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	0	0
Consumer [Member] | Other Credit Derivatives [Member]
Total past due	0	0
Current	12,869	1,232
Total loans	12,869	1,232
> 90 days and still accruing	0	0
Consumer [Member] | Other Credit Derivatives [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	0	0
Consumer [Member] | Other Credit Derivatives [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	0	0
Consumer [Member] | Other Credit Derivatives [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	$ 0	$ 0

Loans, Allowance for Loan Los40

Loans, Allowance for Loan Losses and Credit Quality (Details 5) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Total non-accrual loans	$ 1,975	$ 2,221
Non-accrual troubled debt restructurings included above [Member]
Total non-accrual loans	0	0
Non-accrual purchased credit impaired loans included above [Member]
Total non-accrual loans	1,618	1,741
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Total non-accrual loans	420	548
Commercial Real Estate [Member] | Owner Occupied [Member]
Total non-accrual loans	1,206	1,198
Commercial and Industrial [Member]
Total non-accrual loans	13	121
Consumer [Member] | Residential Mortgage [Member]
Total non-accrual loans	44	44
Consumer [Member] | Home Equity Lines of Credit [Member]
Total non-accrual loans	$ 292	$ 310

Loans, Allowance for Loan Los41

Loans, Allowance for Loan Losses and Credit Quality (Details 6) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2015	Dec. 31, 2014
With no related allowance recorded Recorded Investment	[1]		$ 492
With no related allowance recorded Unpaid Principal	[2]		494
With no related allowance recorded Related Allowance			0
With no related allowance recorded Average Recorded Investment			512
With no related allowance recorded Interest Recorded			11
With an allowance recorded Recorded Investment	[1]		185
With an allowance recorded Unpaid Principal	[2]		615
With an allowance recorded Related Allowance			143
With an allowance recorded Average Recorded Investment			384
With an allowance recorded Interest Recorded			7
Recorded Investment	[1]	$ 485	677
Unpaid Principal	[2]	485	1,109
Related Allowance		0	143
Average Recorded Investment		509	896
Interest Recorded		5	18
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
With no related allowance recorded Recorded Investment	[1]	188	267
With no related allowance recorded Unpaid Principal	[2]	188	267
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		188	269
With no related allowance recorded Interest Recorded		0	6
With an allowance recorded Recorded Investment	[1]	0	0
With an allowance recorded Unpaid Principal	[2]	0	0
With an allowance recorded Related Allowance		0	0
With an allowance recorded Average Recorded Investment		0	0
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	188	267
Unpaid Principal	[2]	188	267
Related Allowance		0	0
Average Recorded Investment		188	269
Interest Recorded		0	6
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
With no related allowance recorded Recorded Investment	[1]	0	0
With no related allowance recorded Unpaid Principal	[2]	0	0
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		0	0
With no related allowance recorded Interest Recorded		0	0
With an allowance recorded Recorded Investment	[1]	0	0
With an allowance recorded Unpaid Principal	[2]	0	0
With an allowance recorded Related Allowance		0	0
With an allowance recorded Average Recorded Investment		0	0
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	0	0
Unpaid Principal	[2]	0	0
Related Allowance		0	0
Average Recorded Investment		0	0
Interest Recorded		0	0
Commercial Real Estate [Member] | Owner Occupied [Member]
With no related allowance recorded Recorded Investment	[1]	0	0
With no related allowance recorded Unpaid Principal	[2]	0	0
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		0	0
With no related allowance recorded Interest Recorded		0	0
With an allowance recorded Recorded Investment	[1]	0	0
With an allowance recorded Unpaid Principal	[2]	0	0
With an allowance recorded Related Allowance		0	0
With an allowance recorded Average Recorded Investment		0	0
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	0	0
Unpaid Principal	[2]	0	0
Related Allowance		0	0
Average Recorded Investment		0	0
Interest Recorded		0	0
Commercial and Industrial [Member]
With no related allowance recorded Recorded Investment	[1]	13	32
With no related allowance recorded Unpaid Principal	[2]	13	34
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		23	46
With no related allowance recorded Interest Recorded		0	2
With an allowance recorded Recorded Investment	[1]	0	110
With an allowance recorded Unpaid Principal	[2]	0	540
With an allowance recorded Related Allowance		0	110
With an allowance recorded Average Recorded Investment		0	309
With an allowance recorded Interest Recorded		0	7
Recorded Investment	[1]	13	142
Unpaid Principal	[2]	13	574
Related Allowance		0	110
Average Recorded Investment		23	355
Interest Recorded		0	9
Consumer [Member]
With no related allowance recorded Recorded Investment	[1]	485
With no related allowance recorded Unpaid Principal	[2]	485
With no related allowance recorded Related Allowance		0
With no related allowance recorded Average Recorded Investment		509
With no related allowance recorded Interest Recorded		5
With an allowance recorded Recorded Investment	[1]	0
With an allowance recorded Unpaid Principal	[2]	0
With an allowance recorded Related Allowance		0
With an allowance recorded Average Recorded Investment		0
With an allowance recorded Interest Recorded		0
Recorded Investment	[1]	0	0
Unpaid Principal	[2]	0	0
Related Allowance		0	0
Average Recorded Investment		0	0
Interest Recorded		0	0
Consumer [Member] | Residential Mortgage [Member]
With no related allowance recorded Recorded Investment	[1]	42	0
With no related allowance recorded Unpaid Principal	[2]	42	0
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		44	0
With no related allowance recorded Interest Recorded		2	0
With an allowance recorded Recorded Investment	[1]	0	0
With an allowance recorded Unpaid Principal	[2]	0	0
With an allowance recorded Related Allowance		0	0
With an allowance recorded Average Recorded Investment		0	0
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	42	0
Unpaid Principal	[2]	42	0
Related Allowance		0	0
Average Recorded Investment		44	0
Interest Recorded		2	0
Consumer [Member] | Home Equity Lines of Credit [Member]
With no related allowance recorded Recorded Investment	[1]	242	193
With no related allowance recorded Unpaid Principal	[2]	242	193
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		254	197
With no related allowance recorded Interest Recorded		3	3
With an allowance recorded Recorded Investment	[1]	0	75
With an allowance recorded Unpaid Principal	[2]	0	75
With an allowance recorded Related Allowance		0	33
With an allowance recorded Average Recorded Investment		0	75
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	242	268
Unpaid Principal	[2]	242	268
Related Allowance		0	33
Average Recorded Investment		254	272
Interest Recorded		3	3
Consumer [Member] | Other Credit Derivatives [Member]
With no related allowance recorded Recorded Investment	[1]	0	0
With no related allowance recorded Unpaid Principal	[2]	0	0
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Interest Recorded		0	0
With an allowance recorded Recorded Investment	[1]	0	0
With an allowance recorded Unpaid Principal	[2]	0	0
With an allowance recorded Related Allowance		0	0
With an allowance recorded Average Recorded Investment		0	0
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	0	0
Unpaid Principal	[2]	0	0
Related Allowance		0	0
Average Recorded Investment		0	0
Interest Recorded		$ 0	$ 0
[1]	The amount of the investment in a loan, which is not net of a valuation allowance, but which does reflect any direct write-down of the investment.
[2]	The contractual amount due, which reflects paydowns applied in accordance with loan documents, but which does not reflect any direct write-downs.

Loans, Allowance for Loan Los42

Loans, Allowance for Loan Losses and Credit Quality (Details 7) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Beginning balance	$ 1,089	$ 1,489
Charge-offs	(421)	(491)
Recoveries	565	105
Net (charge-offs) recoveries	144	(386)
Provision (recovery)	(330)	123
Ending balance	903	1,226
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Beginning balance	146	300
Charge-offs	(127)	(6)
Recoveries	0	3
Net (charge-offs) recoveries	(127)	(3)
Provision (recovery)	40	(89)
Ending balance	59	208
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Beginning balance	97	39
Charge-offs	0	(114)
Recoveries		49
Net (charge-offs) recoveries	0	(65)
Provision (recovery)	185	186
Ending balance	282	160
Commercial Real Estate [Member] | Owner Occupied [Member]
Beginning balance	149	322
Charge-offs	0	0
Recoveries	234	0
Net (charge-offs) recoveries	234	0
Provision (recovery)	(298)	(151)
Ending balance	85	171
Commercial and Industrial [Member]
Beginning balance	357	377
Charge-offs	(109)	(55)
Recoveries	321	27
Net (charge-offs) recoveries	212	(28)
Provision (recovery)	(443)	(38)
Ending balance	126	311
Guaranteed Student Loans [Member]
Beginning balance	144	268
Charge-offs	(163)	(316)
Recoveries	0	0
Net (charge-offs) recoveries	(163)	(316)
Provision (recovery)	102	224
Ending balance	83	176
Consumer [Member] | Residential Mortgage [Member]
Beginning balance	98	120
Charge-offs	0	0
Recoveries	4	4
Net (charge-offs) recoveries	4	4
Provision (recovery)	(39)	6
Ending balance	63	130
Consumer [Member] | Home Equity Lines of Credit [Member]
Beginning balance	76	20
Charge-offs	(20)	0
Recoveries	6	2
Net (charge-offs) recoveries	(14)	2
Provision (recovery)	(10)	30
Ending balance	52	52
Consumer [Member] | Other Credit Derivatives [Member]
Beginning balance	22	43
Charge-offs	(2)	0
Recoveries	0	20
Net (charge-offs) recoveries	(2)	20
Provision (recovery)	133	(45)
Ending balance	$ 153	$ 18

Loans, Allowance for Loan Los43

Loans, Allowance for Loan Losses and Credit Quality (Details 8) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Allowance for loan losses for loans
Individually evaluated for impairment	$ 0	$ 143
Collectively evaluated for impairment	903	856
Loans acquired with deteriorated credit quality	0	90
Ending balance	903	1,089	$ 1,226	$ 1,489
Gross loan balances
Individually evaluated for impairment	485	677
Collectively evaluated for impairment	223,170	205,151
Loans acquired with deteriorated credit quality	5,110	7,131
Ending balance	228,765	212,959
Commercial Real Estate [Member] | Acquisition Development and Construction [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	59	56
Loans acquired with deteriorated credit quality	0	90
Ending balance	59	146	208	300
Gross loan balances
Individually evaluated for impairment	188	267
Collectively evaluated for impairment	880	934
Loans acquired with deteriorated credit quality	802	958
Ending balance	1,870	2,159
Commercial Real Estate [Member] | Non Owner Occupied [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	282	97
Loans acquired with deteriorated credit quality	0	0
Ending balance	282	97	160	39
Gross loan balances
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	56,420	50,057
Loans acquired with deteriorated credit quality	1,399	1,455
Ending balance	57,819	51,512
Commercial Real Estate [Member] | Owner Occupied [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	85	149
Loans acquired with deteriorated credit quality	0	0
Ending balance	85	149	171	322
Gross loan balances
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	44,305	46,382
Loans acquired with deteriorated credit quality	2,341	3,200
Ending balance	46,646	49,582
Commercial and Industrial [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	110
Collectively evaluated for impairment	126	247
Loans acquired with deteriorated credit quality	0	0
Ending balance	126	357	311	377
Gross loan balances
Individually evaluated for impairment	13	142
Collectively evaluated for impairment	26,713	23,042
Loans acquired with deteriorated credit quality	25	969
Ending balance	26,751	24,153
Guaranteed Student Loans [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	83	144
Loans acquired with deteriorated credit quality	0	0
Ending balance	83	144	176	268
Gross loan balances
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	56,072	64,870
Loans acquired with deteriorated credit quality	0	0
Ending balance	56,072	64,870
Consumer [Member] | Residential Mortgage [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	63	98
Loans acquired with deteriorated credit quality	0	0
Ending balance	63	98	130	120
Gross loan balances
Individually evaluated for impairment	42	0
Collectively evaluated for impairment	15,579	8,192
Loans acquired with deteriorated credit quality	182	185
Ending balance	15,803	8,377
Consumer [Member] | Home Equity Lines Of Credit [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	33
Collectively evaluated for impairment	52	43
Loans acquired with deteriorated credit quality	0	0
Ending balance	52	76	52	20
Gross loan balances
Individually evaluated for impairment	242	268
Collectively evaluated for impairment	10,332	10,442
Loans acquired with deteriorated credit quality	361	364
Ending balance	10,935	11,074
Consumer [Member] | Other Credit Derivatives [Member]
Allowance for loan losses for loans
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	153	22
Loans acquired with deteriorated credit quality	0	0
Ending balance	153	22	$ 18	$ 43
Gross loan balances
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	12,869	1,232
Loans acquired with deteriorated credit quality	0	0
Ending balance	$ 12,869	$ 1,232

Loans, Allowance for Loan Los44

Loans, Allowance for Loan Losses and Credit Quality (Details Textual) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Modifications, Recorded Investment	$ 0	$ 1,300,000
Percentage Of Principal And Interest On Guaranteed Student Loans	98.00%
Deferred Loan Costs, Net	$ 1,400,000	1,200,000
Purchased Performing Loans	8,300,000	9,000,000
Guaranteed Student Loans [Member]
Loan Premiums	$ 853,000	$ 931,000

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Beginning Balance	$ 86	$ 104
Amortization	(9)	(27)
Ending Balance	$ 77	$ 77

Intangible Assets (Details Text

Intangible Assets (Details Textual) - USD ($) $ in Thousands	Dec. 10, 2010	Sep. 30, 2015
Finite-lived Intangible Assets Acquired	$ 249
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months		$ 35
Finite-Lived Intangible Assets, Amortization Expense, Year Two		$ 34

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Assets:
Cash and cash equivalents	$ 25,407	$ 21,847	$ 11,920	$ 13,984
Securities available for sale	48,721	53,483
Securities held to maturity	26,281	20,716
Interest receivable	1,924	2,040
Liabilities:
Demand deposits	28,362	30,709
Savings and interest-bearing demand deposits	104,007	83,339
FHLB Borrowings	30,000	25,000
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and cash equivalents	25,407	21,847
Securities available for sale	0	0
Securities held to maturity	0	0
Restricted securities	0	0
Loans held for sale	0
Net Loans held for investment	0	0
Interest receivable		0
Liabilities:
Demand deposits	0	0
Savings and interest-bearing demand deposits	0	0
Time deposits	0	0
FHLB Borrowings	0	0
Interest payable	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Cash and cash equivalents	0	0
Securities available for sale	48,721	53,483
Securities held to maturity	26,742	21,047
Restricted securities	2,330	2,092
Loans held for sale	109
Net Loans held for investment	0	0
Interest receivable	1,924	2,040
Liabilities:
Demand deposits	28,359	30,709
Savings and interest-bearing demand deposits	104,006	83,339
Time deposits	157,728	152,179
FHLB Borrowings	29,894	24,753
Interest payable	210	161
Fair Value, Inputs, Level 3 [Member]
Assets:
Cash and cash equivalents	0	0
Securities available for sale	0	0
Securities held to maturity	0	0
Restricted securities	0	0
Loans held for sale	0
Net Loans held for investment	227,657	213,861
Interest receivable		0
Liabilities:
Demand deposits	0	0
Savings and interest-bearing demand deposits	0	0
Time deposits	0	0
FHLB Borrowings	0	0
Interest payable	0	0
Carrying Amount [Member]
Assets:
Cash and cash equivalents	25,407	21,847
Securities available for sale	48,721	53,483
Securities held to maturity	26,281	20,716
Restricted securities	2,330	2,092
Loans held for sale	109
Net Loans held for investment	227,862	211,870
Interest receivable	1,924	2,040
Liabilities:
Demand deposits	28,359	30,709
Savings and interest-bearing demand deposits	104,006	83,339
Time deposits	156,943	151,555
FHLB Borrowings	30,000	25,000
Interest payable	210	161
Fair Value [Member]
Assets:
Cash and cash equivalents	25,407	21,847
Securities available for sale	48,721	53,483
Securities held to maturity	26,742	21,047
Restricted securities	2,330	2,092
Loans held for sale	109
Net Loans held for investment	227,657	213,861
Interest receivable	1,924	2,040
Liabilities:
Demand deposits	28,359	30,709
Savings and interest-bearing demand deposits	104,006	83,339
Time deposits	157,728	152,179
FHLB Borrowings	29,894	24,753
Interest payable	$ 210	$ 161

Fair Value Measurements (Deta48

Fair Value Measurements (Details 1) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
U.S. Government Agencies [Member]
Assets, Fair Value Disclosure, Recurring	$ 2,194	$ 3,719
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure, Recurring	0	0
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure, Recurring	2,194	3,719
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Recurring	0	0
Agency Guaranteed Mortgage- Backed Securities [Member]
Assets, Fair Value Disclosure, Recurring	46,527	49,764
Agency Guaranteed Mortgage- Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure, Recurring	0	0
Agency Guaranteed Mortgage- Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure, Recurring	46,527	49,764
Agency Guaranteed Mortgage- Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Recurring	$ 0	$ 0

Fair Value Measurements (Deta49

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Impaired loans		$ 42
OREO	$ 1,761	1,641
Fair Value, Inputs, Level 1 [Member]
Impaired loans		0
OREO	0	0
Fair Value, Inputs, Level 2 [Member]
Impaired loans		0
OREO	0	0
Fair Value, Inputs, Level 3 [Member]
Impaired loans		42
OREO	$ 1,761	$ 1,641

Fair Value Measurements (Deta50

Fair Value Measurements (Details 3) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Discount For Lack Of Marketability [Member] | Minimum [Member]
Fair Value Inputs, Discount Rate	6.00%	6.00%
Discount For Lack Of Marketability [Member] | Maximum [Member]
Fair Value Inputs, Discount Rate	29.00%	29.00%
Other Real Estate Owned [Member]
Fair value Measurements Quantitative Information Regarding Level Three	$ 1,761	$ 1,641
Valuation Technique	Appraisals	Appraisals
Unobservable Input	Discount to reflect current market condition and estimated selling costs	Discount to reflect current market condition and estimated selling costs
Impaired Loan [Member]
Fair value Measurements Quantitative Information Regarding Level Three		$ 42
Valuation Technique		Appraisals
Unobservable Input		Discount to reflect current market condition and estimated selling costs
Impaired Loan [Member] | Minimum [Member]
Fair Value Inputs, Discount Rate		0.00%
Impaired Loan [Member] | Maximum [Member]
Fair Value Inputs, Discount Rate		10.00%

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Stock Options Outstanding, Beginning Balance	145,478
Stock Options Vested, Beginning Balance	60,692
Stock Options Nonvested, Beginning Balance	84,786
Stock Options, Issued	20,600
Stock Options, Exercised	0
Stock Options, Forfeited	36,998
Stock Options, Expired	0
Stock Options Outstanding, Ending Balance	129,080	145,478
Stock Options Vested, Ending Balance	59,552	60,692
Stock Options Nonvested, Ending Balance	69,528	84,786
Weighted Average Exercise Price Outstanding, Beginning balance	$ 6.94
Weighted Average Exercise Price Vested, Beginning balance	9.24
Weighted Average Exercise Price Nonvesed, Beginning balance	5.29
Weighted Average Exercise Price, Issued	3.79
Weighted Average Exercise Price, Exercised	0
Weighted Average Exercise Price, Forfeited	6.4
Weighted Average Exercise Price, Expired	0
Weighted Average Exercise Price Outstanding, Ending Balance	6.59	$ 6.94
Weighted Average Exercise Price Vested, Ending Balance	9	9.24
Weighted Average Exercise Price Nonvested, Ending balance	$ 4.53	$ 5.29
Weighted Average Remaining Contractual Life, Outstanding	7 years 8 months 12 days	7 years 10 months 17 days
Weighted Average Remaining Contractual Life, Vested	6 years 8 months 23 days	7 years 2 months 5 days
Weighted Average Remaining Contractual Life, Nonvested	8 years 6 months 14 days	8 years 4 months 20 days
Weighted Average Remaining Contractual Life, Issued	0 years
Weighted Average Remaining Contractual Life, Exercised	0 years
Weighted Average Remaining Contractual Life, Forfeited	0 years
Weighted Average Remaining Contractual Life, Expired	0 years
Weighted Average Grant Date Fair Value Outstanding, Beginning Balance	$ 2.29
Weighted Average Grant Date Fair Value Vested, Beginning Balance	3.03
Weighted Average Grant Date Fair Value Nonvested, Beginning Balance	1.76
Weighted Average Grant Date Fair Value, Issued	1.36
Weighted Average Grant Date Fair Value, Exercised	0
Weighted Average Grant Date Fair Value, Forfeited	1.92
Weighted Average Grant Date Fair Value, Expired	0
Weighted Average Grant Date Fair Value Outstanding, Ending Balance	2.25	$ 2.29
Weighted Average Grant Date Fair Value Vested, Ending Balance	3.02	3.03
Weighted Average Grant Date Fair Value Nonvested, Ending Balance	$ 1.58	$ 1.76
Aggregate Intrinsic Value Outstanding, Starting balance	$ 0
Aggregate Intrinsic Value Vested, Starting balance	0
Aggregate Intrinsic Value Nonvested, Starting balance	0
Aggregate Intrinsic Value, Issued	0
Aggregate Intrinsic Value, Exercised	0
Aggregate Intrinsic Value, Forfeited	0
Aggregate Intrinsic Value, Expired	0
Aggregate Intrinsic Value Outstanding, Ending balance	0	$ 0
Aggregate Intrinsic Value Vested, Ending balance	0	0
Aggregate Intrinsic Value Nonvested, Ending balance	$ 0	$ 0

Stock-Based Compensation (Det52

Stock-Based Compensation (Details 1) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Stock Options Outstanding	129,080	145,478
Wgt. Avg Exerciese Price Outstanding	$ 6.59	$ 6.94
Wgt. Avg. Remaining Contractual Life	7 years 8 months 12 days	7 years 10 months 17 days
Stock Options Exercisable	59,552
Wgt. Avg Exerciese Price Exercisable	$ 9
Exercise Price Range One [Member]
Stock Options Outstanding	129,080
Wgt. Avg Exerciese Price Outstanding	$ 6.59
Wgt. Avg. Remaining Contractual Life	7 years 8 months 12 days
Range of Exercise Prices, Minimum	$ 3.79
Range of Exercise Prices, Maximum	$ 60.24
Exercise Price Range Two [Member]
Stock Options Exercisable	59,552
Wgt. Avg Exerciese Price Exercisable	$ 9
Range of Exercise Prices, Minimum	3.79
Range of Exercise Prices, Maximum	$ 60.24

Stock-Based Compensation (Det53

Stock-Based Compensation (Details 2)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Expected dividend rate	0.00%	0.00%
Expected volatility	30.00%	30.00%
Expected term in years	7 years	7 years
Risk free rate	2.01%	2.15%

Stock-Based Compensation (Det54

Stock-Based Compensation (Details 3) $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Total intrinsic value of options exercised:	$ 0
Total fair value of shares vested:	$ 34,937
Weighted-average period over which nonvested awards are expected to be recognized:	11 months 19 days

Stock-Based Compensation (Det55

Stock-Based Compensation (Details 4) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2015$ / sharesshares
Nonvested, Number, Beginning Balance	52,580
Issued	80,000
Vested	2,340
Forfeited	0
Nonvested, Number, Ending Balance	130,240
Nonvested, Number,Weighted Average Price Beginning Balance | $ / shares	$ 4.23
Issued | $ / shares	3.99
Vested | $ / shares	4.41
Forfeited | $ / shares	0
Nonvested, Number,Weighted Average Price Ending Balance | $ / shares	$ 4.08

Stock-Based Compensation (Det56

Stock-Based Compensation (Details 5) $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Total fair value of shares vested:	$ 34,937
Weighted-average period over which nonvested awards are expected to be recognized:	1 year 5 months 5 days
Restricted Stock [Member]
Total fair value of shares vested:	$ 10,319

Stock-Based Compensation (Det57

Stock-Based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			20,600
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 70	$ 123	$ 70	$ 123
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	414	271	414	271
Allocated Share-based Compensation Expense	$ 62	$ 92	$ 171	$ 204
Outside Plan In September 2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			10,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			80,000
Restricted Stock [Member] | Outside Plan In September 2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			12,500
2011 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	612,251		612,251
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized					800,000
Founding Investors Of Cordia [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			578,125
Founding Investors Of Cordia [Member] | Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value			$ 319

Accumulated Other Comprehensi58

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Beginning balance	$ (609)	$ (440)	$ (468)	$ (384)
Unrealized holding gains (losses) on available for sale securities	312	(72)	146	(153)
Amortization of available for sale to held to maturity reclassification adjustment	12	11	37	36
Net current period other comprehensive income (loss)	324	(61)	183	(117)
Ending balance	$ (285)	$ (501)	$ (285)	$ (501)

Accumulated Other Comprehensi59

Accumulated Other Comprehensive Income (Loss) (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Realized gains (losses) on sales of available for sale securities	$ 22	$ (3)	$ 136	$ 61
Total reclassifications	22	(3)	136	61
Net Gain On Sale Of Available For Sale Securities [Member]
Realized gains (losses) on sales of available for sale securities	$ 22	$ (3)	$ 136	$ 61