Cordia Bancorp 10-K 23 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 15, 2016	Jun. 30, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Registrant Name	Cordia Bancorp Inc
Entity Central Index Key	1,466,292
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 20,050,180
Trading Symbol	BVA
Entity Common Stock, Shares Outstanding		6,791,711

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 6,135	$ 5,477
Federal funds sold and interest-bearing deposits with banks	12,325	16,363
Total cash and cash equivalents	18,460	21,840
Securities available for sale, at fair market value	46,220	53,483
Securities held to maturity, at cost (fair value $25,694 and $21,047 at December 31, 2015 and 2014, respectively)	25,500	20,716
Restricted securities	2,355	2,092
Loan held for sale	220	0
Loans net of allowance for loan losses of $823 and $1,089 at December 31, 2015 and 2014, respectively	245,210	211,870
Premises and equipment, net	5,980	4,432
Accrued interest receivable	2,085	2,040
Other real estate owned, net of valuation allowance	1,870	1,641
Other assets	590	486
Total assets	348,490	318,600
Deposits
Non-interest bearing	28,969	29,795
Savings and interest-bearing demand	107,057	84,258
Time deposits	154,018	151,550
Total deposits	290,044	265,603
Accrued expenses and other liabilities	707	861
FHLB borrowings	30,000	25,000
Total liabilities	320,751	291,464
Commitments and contingencies	0	0
Stockholders' equity
Preferred stock, 2,000 shares authorized, $0.01 par value, none issued and outstanding	0	0
Common Stock Value	51	51
Additional paid-in capital	33,191	32,956
Retained deficit	(4,827)	(5,417)
Accumulated other comprehensive loss	(690)	(468)
Total stockholders' equity	27,739	27,136
Total liabilities and stockholders' equity	348,490	318,600
NonVoting [Member]
Stockholders' equity
Common Stock Value	$ 14	$ 14

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Held-to-maturity Securities, Fair Value	$ 25,694	$ 21,047
Allowance for loan losses	$ 823	$ 1,089
Preferred Stock, Shares Authorized	2,000	2,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
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	5,186,349	5,103,669
Restricted Stock [Member]
Common Stock, Shares, Outstanding	107,460	52,580
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	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest income
Interest and fees on loans	$ 9,208	$ 8,923
Investment securities	1,604	1,269
Federal funds sold and deposits with banks	29	25
Total interest income	10,841	10,217
Interest expense
Interest on deposits	1,959	1,761
Interest on FHLB borrowings	372	230
Total interest expense	2,331	1,991
Net interest income	8,510	8,226
(Recovery of) provision for loan losses	(293)	305
Net interest income after (recovery of) provision for loan losses	8,803	7,921
Non-interest income
Service charges on deposit accounts	134	123
Net gain on sale of available for sale securities	133	177
Net gain (loss) on sale of loans held for sale	47	4
Other fee income	220	163
Total non-interest income	534	467
Non-interest expense
Salaries and employee benefits	4,453	4,846
Professional services	439	427
Occupancy	600	565
Reversal of occupancy fair value discount	(225)	0
Data processing and communications	894	698
FDIC assessment and bank fees	465	385
Bank franchise taxes	196	102
Student loan servicing fees and other loan expenses	755	671
Other real estate expenses, net	90	46
Supplies and equipment	286	318
Insurance	78	167
Director's fees	179	187
Marketing and business development	231	51
Other operating expenses	306	337
Total non-interest expense	8,747	8,800
Net income (loss) before income taxes	590	(412)
Income taxes	0	0
Net income (loss)	$ 590	$ (412)
Basic net income (loss) per common share	$ 0.09	$ (0.09)
Diluted net income (loss) per common share	$ 0.09	$ (0.09)
Weighted average common shares outstanding, basic (in shares)	6,572,097	4,722,556
Weighted average common shares outstanding, diluted (in shares)	6,572,097	4,722,556

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net income (loss)	$ 590	$ (412)
Other comprehensive income (loss)
Unrealized securities losses arising during the period	(404)	(309)
Less: Reclassification adjustment for net secuirties gains included in net income (loss)	133	177
Add: Amortization of unrealized losses for securities transferred from available for sale to held to maturity	49	48
Total other comprehensive loss	(222)	(84)
Comprehensive income (loss)	$ 368	$ (496)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Nonvoting Common Stock [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2013	$ 13,287	$ 0	$ 0	$ 28	$ 18,648	$ (5,005)	$ (384)
Net income (loss)	(412)	0	0	0	0	(412)	0
Other comprehensive loss	(84)	0	0	0	0	0	(84)
Issuance of preferred stock	14,135	0	14,135	0	0	0	0
Redemption of preferred stock	(14,135)	0	(14,135)	0	0	0	0
Issuance of common stock	14,075	14	0	23	14,038		0
Stock-based compensation	270	0	0	0	270	0	0
Balance at Dec. 31, 2014	27,136	14	0	51	32,956	(5,417)	(468)
Net income (loss)	590	0	0	0	0	590	0
Other comprehensive loss	(222)	0	0	0	0	0	(222)
Repurchase of common stock	(83)	0	0	(1)	(82)	0	0
Stock-based compensation	318	0	0	1	317	0	0
Balance at Dec. 31, 2015	$ 27,739	$ 14	$ 0	$ 51	$ 33,191	$ (4,827)	$ (690)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income (loss)	$ 590	$ (412)
Adjustments to reconcile net income/(loss) to net cash provided by (used in) operating activities
Net amortization of premium on investment securities	472	366
Purchase accounting accretion, net	(359)	(291)
Depreciation	306	294
Amortization of deferred loan costs and fees	464	163
(Recovery of) provision for loan losses	(293)	305
Net gain on sale of available for sale securities	(133)	(177)
Gain on sale of other real estate owned	(21)	0
Other real estate owned valuation adjustment	65	(13)
Stock based compensation	318	270
Loans held for sale
Originations	(2,957)	0
Proceeds	2,784	0
Net gain on sale	(47)	0
Changes in assets and liabilities:
Increase in accrued interest receivable	(45)	(385)
Increase in other assets	(140)
(Increase) decrease in accrued expenses and other liabilities	118	(92)
Net cash provided by (used in) operating activities	1,122	28
Cash flows from investing activities:
Purchase of securities available for sale	(23,427)	(58,624)
Purchase of securities held to maturity	(7,677)	(7,686)
Purchases of restricted securities, net	(263)	(1,018)
Proceeds from sales, maturities, and paydowns of securities available for sale	30,202	29,458
Proceeds from payments/maturities of securities held to maturity	2,820	1,700
Proceeds from sale of other real estate owned	367	0
Net increase in commercial and consumer loans	(45,054)	(29,713)
Net decrease (increase) in purchased guaranteed student loans	11,023	(9,802)
Improvements to other real estate owned	(6)	(97)
Purchase of premises and equipment	(1,845)	(254)
Net cash used in investing activities	(33,860)	(76,036)
Cash flows from financing activities:
Proceeds from sale of stock, net of stock issuance costs	0	14,075
Repurchase of common stock	(83)	0
Net increase in demand savings, interest-bearing checking and money market deposits	21,973	30,067
Net increase in time deposits	2,468	24,722
Proceeds from FHLB advances	5,000	15,000
Net cash provided by investing activities	29,358	83,864
Net increase (decrease) in cash and cash equivalents	(3,380)	7,856
Cash and cash equivalents, beginning of period	21,840	13,984
Cash and cash equivalents, end of period	18,460	21,840
Supplemental disclosure of cash flow information
Cash payments for interest	2,295	1,973
Supplemental disclosure of noninvesting activities
Unrealized gains (losses) on securities available for sale	(271)	(132)
Amortization of unrealized losses transferred from available for sale to held to maturity	49	48
Loans transferred to other real estate owned	$ 634	$ 83

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 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 7.60 59.8 3.0 3.60 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. 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. Prior to the completion of the share exchange in March 2013, the non-controlling interest reflected the ownership interest of the minority shareholders of the Bank. Items of income and other comprehensive income applicable to Bank operations were allocated to the non-controlling interest account based on the ownership percentage of the minority shareholders. Subsequent to the exchange, the non-controlling interest is no longer reflected in the consolidated financial statements of the Company, as the Bank is a wholly-owned subsidiary. Summary of Significant Accounting Policies The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States of America and conform to general practices within the banking industry. The more significant of these policies are summarized below. In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of deferred tax assets, the valuation of other real estate owned, intangible assets, acquired loans with specific credit-related deterioration and fair value measurements. For purposes of the statement of cash flows, cash and cash equivalents include cash on hand, amounts due from banks and federal funds sold. Generally, federal funds are purchased and sold for one day periods. Debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. Securities not classified as held to maturity, including equity securities with readily determinable fair values, are classified as “available for sale” and recorded at estimated fair value. Other securities, such as Federal Reserve Bank stock and Federal Home Loan Bank stock, are carried at cost and are listed on the balance sheet as restricted securities. In estimating other than temporary impairment losses management considers, (1) the length of time and extent to which the fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, and (3) our ability to retain our investment for a period of time sufficient to allow for any anticipated recovery in fair value. Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if either (1) the Company intends to sell the security or (2) it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis. If, however, the Company does not intend to sell the security and it is not more-than-likely that the Company will be required to sell the security before recovery, management must determine what portion of the impairment is attributable to a credit loss, which occurs when the amortized cost of the security exceeds the present value of the cash flows expected to be collected from the security. If there is no credit loss, there is no other-than-temporary impairment. If there is a credit loss, other-than-temporary impairment exists, and the credit loss must be recognized in net income and the remaining portion of impairment must be recognized in other comprehensive income. For equity securities carried at cost as restricted securities, impairment is considered to be other-than-temporary based on our ability and intent to hold the investment until a recovery of value. Other-than-temporary impairment of an equity security results in a write-down that must be included in income. The Company regularly reviews each security for other-than-temporary impairment based on criteria that include the extent to which costs exceed market price, the duration of that market decline, the financial health of and specific prospects for the issuer, management’s best estimate of the present value of cash flows expected to be collected on these debt securities, the Company’s intention with regard to holding the security to maturity and the likelihood that the Company would be required to sell the security before recovery. The Company adjusts amortization or accretion on each bond on a level yield basis monthly. Secondary market mortgage loans are designated as held for sale at the time of their origination. These loans are pre-sold with servicing released and the Company does not retain any interest after the loans are sold. These loans consist primarily of fixed-rate, single-family residential mortgage loans which meet the underwriting characteristics of certain government–sponsored enterprises (conforming loans). In addition, the Company requires a firm purchase commitment from a permanent investor before a loan can be committed, thus limiting interest rate risk. Loans held for sale are carried at the lower of cost or fair value. Gains on sales of loans are recognized at the loan closing date and are included in noninterest income. The company had $220 thousand of loans held for sale as of December 31, 2015 and no loans classified as held for sale as of December 31, 2014. The Company grants commercial and consumer loans to customers. A substantial portion of the loan portfolio is represented by commercial loans throughout the greater Richmond, Virginia metropolitan area. The ability of the Bank’s debtors to honor their contracts is dependent upon numerous factors including the collateral performance, general economic conditions, as well as the underlying strength of borrowers and guarantors. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are generally reported at their outstanding unpaid principal balances adjusted for the allowance for loan losses and net deferred fees and costs. Interest income is accrued on the unpaid principal balance. Loan origination and commitment fees and certain direct costs are deferred and the net amount is amortized as an adjustment of the related loan’s yield. The Bank is amortizing these amounts on an effective interest method over the loan’s contractual life or to the pay-off date if the balance is repaid prior to maturity. Loans are recorded based on purpose, collateral and repayment period. Interest is calculated on a 365/360 for commercial loans and 365/365 for consumer loans. Interest is accrued on a daily basis. The Company was licensed by the U.S. Department of Education as a rehabilitated student lender effective November 2012. In the first quarter of 2013, the Company began purchasing rehabilitated student loans guaranteed by the U.S. Department of Education. The guarantee covers approximately 98% of principal and accrued interest. The unguaranteed principal balance of these loans was approximately $1.1 million at December 31, 2015 and $1.3 million at December 31, 2014. The company ceased purchasing rehabilitated, federally guaranteed student loans in April 2014. The past due status of a loan is based on the contractual due date of the most delinquent payment due. Each loan will be placed in one of the following categories: current, 1-29 days past due, 30-59 days past due, 60-89 days past due and 90 days and over past due. Generally, the accrual of interest on a loan is discontinued at the time the loan becomes 90 days delinquent unless the credit is well-secured and in process of collection or refinancing. Due to the guaranty by the U.S. Department of Education, Guaranteed Student Loans continue to accrue interest up until charged-off. 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. 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. Government Guaranteed Student loans with a past due balance greater than 90 days are not placed on non-accrual. When a loan reaches 120 days past due, the non-guaranteed portion of the loan is charged-off. A claim is filed with the guarantor when the loan becomes 270 days past due. Interest continues to accrue until charge-off. 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. In situations where, for economic or legal reasons related to a borrower’s financial condition, management may grant a concession to the borrower that it would not otherwise consider, the related loan is classified as a troubled debt restructuring (TDR). Management strives to identify borrowers in financial difficulty early and work with them to modify their loan to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance, re-amortization, and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal, management measures any impairment on the restructuring as noted below for impaired loans. There were no loans classified as a TDR as of December 3l, 2015. There were four loans with an aggregate principal balance of $1.3 million classified as TDRs as of December 31, 2014. Acquired loans with specific credit deterioration are accounted for by Cordia in accordance with FASB Accounting Standards Codification 310-30. Certain acquired loans, those for which specific credit-related deterioration, since origination, is identified, are recorded at fair value reflecting the present value of the amounts expected to be collected. Income recognition on these loans is based on a reasonable expectation about the timing and amount of cash flows to be collected. Acquired loans deemed impaired and considered collateral dependent, with the timing of the sale of loan collateral indeterminate, remain on non-accrual status and have no accretable yield. The difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition is referred to as the “nonaccretable difference,” and is not recorded. Any excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable yield and is recognized as interest income over the remaining life of the loan when there is a reasonable expectation about the amount and timing of such cash flows. Subsequent decreases to the expected cash flows will generally result in a provision for loan losses, while subsequent increases in cash flows may result in a reversal of post-acquisition provision for loan losses, or a transfer from nonaccretable difference to accretable yield. The allowance for loan losses (“ALLL”) is increased by charges to income and decreased by charge-offs, net of recoveries. The ALLL is established and maintained at a level management deems adequate to cover probable losses inherent in the portfolio as of the balance sheet date and is based on management’s evaluation of the risks in the loan portfolio and changes in the nature and volume of loan activity. There are risks inherent in all loans, so an ALLL is maintained for loans to absorb probable losses on existing loans that may become uncollectible. The ALLL is established and maintained as losses are estimated to have occurred through a provision for loan losses charged to earnings, which increases the balance of the ALLL. Loan losses for all segments are charged against the ALLL when management believes the uncollectability of a loan is confirmed, which decreases the balance of the ALLL. Subsequent recoveries, if any, are credited back to the ALLL. The amount of the ALLL is established through the application of a standardized model, the components of which are: an impairment analysis of specific loans to determine the level of any specific reserves needed and an estimate of the general reserves needed which consists of a weighted average of historical loss experience and adjustments for economic and environmental factors. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. In order for the ALLL methodology to be considered valid and for Management to make the determination if any deficiencies exist in the process, the Bank at a minimum requires: - A review of trends in loan volume, delinquencies, restructurings and concentrations; - Tests of source documents and underlying assumptions to determine that the established methodology develops reasonable loss estimates; and - An evaluation of the appraisal process of the underlying collateral which may be accomplished by periodically comparing the appraised value to the actual sales price on selected properties sold. - Accurate loan risk ratings Note 4 includes an additional discussion of how the ALLL is quantified. The use of various estimates and judgments in the Bank’s ongoing evaluation of the required level of ALLL can significantly affect the Bank’s results of operations and financial condition and may result in either greater provisions against earnings to increase the ALLL or reduced provisions based upon management’s current view of portfolio and economic conditions and the application of revised estimates and assumptions. The specific component of the ALLL relates to loans that are classified as either doubtful, substandard or TDR. For such loans that are also classified as impaired, a loan level allowance is established. The evaluation of the need for a specific reserve involves the identification of impaired loans and an analysis of those loans’ repayment capacity from both primary (cash flow) and secondary (real estate and non-real estate collateral or guarantors) sources and making specific reserve allocations to impaired loans that exhibit inherent weaknesses and various other elevated credit risk factors. All available collateral is analyzed and valued, with discounts applied according to the age of any real estate appraisals or the liquidity of other asset classes. The analysis is compared to the aggregate Bank loan exposure, giving consideration to the Bank’s lien preference and other actual and contingent obligations of the borrower. Any loan guarantors are rated and their value weighted based on an analysis of the guarantor’s net worth, including liabilities, liquid assets, and annual cash flows and total contingent liabilities. A loan is considered impaired when it is probable that the Bank will be unable to collect all amounts when due according to the contractual terms of the loan agreement. We do not consider a loan impaired during a period of insignificant delay in payment if we expect the ultimate collection of all amounts due. Impairment is measured as the difference between the recorded investment in the loan and the evaluation of the present value of expected future cash flows or the observable market price of the loan or collateral value of the impaired loan when that cash flow or collateral value is lower than the carrying value of that loan. Loans that are collateral dependent, that is, loans where repayment is expected to be provided solely by the underlying collateral, and for which management has determined foreclosure is probable, are measured for impairment based on the fair value of the collateral as described above. The general component covers pass rated loans and special mention loans and is based on historical loss experience adjusted for qualitative factors. The model estimates probable loan losses by analyzing historical loss experience and other trends within the portfolio, including trends in delinquencies and charge-offs, the opinions of regulators, changes in the growth rate, size and composition of the loan portfolio, particularly the level of Special Mention rated loans, the level of past due loans, the level of home equity loans and commercial real estate loans in aggregate and as a percentage of capital, and industry information. A component of the general reserve for unimpaired loans is established based on a weighted average historical loss factor for the prior twelve quarters (with more weight given to the more recent quarters) and the level of unimpaired loans. Management applies a 45% weighting to the most recent four quarters, a 35% weighting to the next four quarters and a 20% weighting to the most distant four of the prior twelve quarters when calculating this component of the general reserve. Also included in management’s estimates for loan losses are considerations with respect to the impact of local and national economic trends, the outcomes of which are uncertain. These events may include, but are not limited to, a general slowdown in the national or local economy, national and local unemployment rates, local real estate values, fluctuations in overall lending rates, political conditions, legislation that may directly or indirectly affect the banking industry and economic conditions affecting the specific geographic area in which the Bank conducts business. (g) Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the assets' estimated useful lives. Estimated useful lives range from 10 to 30 years for buildings and 3 to 10 years for autos, furniture, fixtures and equipment. The value of land is carried at cost. Assets acquired through loan foreclosure are held for sale. They are initially recorded at fair value at the date of foreclosure, less estimated selling costs thus establishing a new cost basis. Subsequent to foreclosure, valuations of the assets are periodically performed by management. Adjustments are made to the lower of the carrying amount or fair value of the assets less selling costs. Revenue and expenses from operations and sales are included in other real estate expenses, net in the statement of operations. The Bank’s investment in foreclosed assets totaled $ 1.9 1.6 FASB ASC 805, Business Combinations, requires that the acquisition method of accounting be used for all business combinations. With acquisitions, the Company is required to record assets acquired, including any intangible assets, and liabilities assumed at fair value, which involves relying on estimates based on third party valuations, such as appraisals, or internal valuations based on discounted cash flow analysis or other valuation methods. The Company records goodwill per ASC 350, Intangibles-Goodwill and Others. Accordingly, goodwill is no longer subject to amortization over its estimated useful life, but is subject to at least an annual assessment for impairment by applying a fair value-based test. Additionally, under ASC 350, acquired intangible assets (such as core deposit intangibles) are separately recognized if the benefit of the assets can be sold, transferred, licensed, rented, or exchanged, and amortized over their useful lives. Goodwill was determined to be impaired in December 2011 at the annual impairment evaluation and was written off in its entirely at that time. Core deposit intangibles of $ 68 104 Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences, operating loss carryforwards, and tax credit carryforwards. Deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, the recognition of the asset is less than probable. A valuation allowance has been recorded against the Company’s entire net deferred tax asset. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the positions taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is recognized as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of December 31, 2015 and 2014, the Company had recorded no such liability. Banks operating in Virginia are not subject to Virginia State Income Tax, but are subjected to Virginia Bank Franchise Taxes. The Company follows the policy of charging the production costs of marketing/advertising to expense as incurred unless the advertising campaign extends for a significant time period, in which case, such costs will be amortized to expense over the duration of the advertising campaign. Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income (loss). Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income (loss), are components of comprehensive income (loss). 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 125 145 For the years ended December 31, 2015 and 2014, 578,125 shares of unvested common stock were excluded from the computation of basic and diluted earnings per common share as they are performance based and deemed unlikely to vest. All other vested and nonvested restricted common shares, which carry all rights and privilege of a stockholder with respect to the stock, including the right to vote, were included in both the basic and diluted earnings per common share calculations. (dollars in thousands) 2015 2014 Net income (loss) $ 590 $ (412) Weighted average common shares outstanding, basic 6,572,097 4,722,556 Dilutive effect of stock options - - Weighted average common shares outstanding, diluted 6,572,097 4,722,556 Basic income (loss) per common share $ 0.09 $ (0.09) Diluted income (loss) per common share $ 0.09 $ (0.09) Authoritative accounting guidance requires the costs resulting from all share-based payments to employees be recognized in the financial statements. For stock option grants, stock-based compensation is estimated at the date of grant, using the Black-Scholes option valuation model for determining fair value. Restricted stock grants are expensed based on the grant date fair value of the Company’s common stock. The Company recognized stock-based compensation expense of $ 318 270 Fair values of financial instruments are estimated using relevant market information and other assumptions as more fully disclosed in Note 14. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or market conditions could significantly affect the estimates. Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when 1) the assets have been isolated from the Company – put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership; 2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and 3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity of the ability to unilaterally cause the holder to return specified assets. In certain circumstances, reclassifications have been made to prior period information to conform to the 2015 presentation. Such reclassifications had no effect on previously reported stockholders’ equity or net income or loss. 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 Company does not expect the adoption of ASU 2014-12 to have a material impact on its 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 hybri

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 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 generally accepted accounting principles (“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. Interest income is also impacted by the accretion on the investment securities that is the result of the reset of the amortized book value amount to the fair value as of the day of the acquisition. Interest expense is impacted by the amortization of the premiums on time deposits and the FHLB advances. Net interest income is impacted by the combination of all of these items. Non-interest expense was 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. During the second quarter of 2015, this property was purchased and the related lease was terminated resulting in a favorable reversal of the fair value discount of $ 225 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 acquisition accounting adjustments are now recorded in the BVA financial statements and the Cordia financial statements no longer reflect adjustments for non-controlling interests. Income (Expense) December 31, (dollars in thousands) 2015 2014 Loans $ 114 $ 225 Premises and equipment 9 8 Core deposit intangible (36) (36) Building lease obligations 272 94 Net impact to net income $ 359 $ 291

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Marketable Securities [Abstract]
Cash, Cash Equivalents, and Marketable Securities [Text Block]	Note 3. 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 $ 71.7 74.2 46.2 Gross Unrealized 2015 (dollars in thousands) Amortized Gains Losses Fair Value U.S. Government agencies $ 2,144 $ 5 $ (10) $ 2,139 Agency guaranteed mortgage-backed securities 44,529 3 (451) 44,081 Total $ 46,673 $ 8 $ (461) $ 46,220 Gross Unrealized 2014 (dollars in thousands) Amortized 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 Gross Unrealized 2015 (dollars in thousands) Carry Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 25,500 $ 230 $ (36) $ 25,694 Total $ 25,500 $ 230 $ (36) $ 25,694 Gross Unrealized 2014 (dollars in thousands) Carry Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 20,716 $ 333 $ (2) $ 21,047 Total $ 20,716 $ 333 $ (2) $ 21,047 Amortized (Dollars in thousands) Cost Fair Value Over one year within five years $ 43 $ 43 Over five years within ten years 2,144 2,139 Over ten years 44,486 44,038 Total $ 46,673 $ 46,220 The carry value and fair value of securities held to maturity as of December 31, 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 Value Fair Value Over five years within ten years $ 3,633 $ 3,729 Over ten years 21,867 21,965 Total $ 25,500 $ 25,694 As of December 31, 2015, the portfolio is concentrated in average maturities of over ten years, although a substantial majority of recently purchased securities have effective duration much shorter than ten years. The portfolio is available to support liquidity needs of the Company. During 2015, the Company sold $ 19.8 133 23.4 181 4 Unrealized losses on investments at December 31, 2015 and 2014 were as follows: Unrealized Losses on Securities Less than 12 Months 12 Months or Longer Total Unrealized Unrealized Unrealized 2015 (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses U.S. Government agencies $ - $ - $ 1,521 $ (10) $ 1,521 $ (10) Agency guaranteed mortgage-backed securities 43,021 (429) 3,315 (58) 46,336 (487) Total $ 43,021 $ (429) $ 4,836 $ (68) $ 47,857 $ (497) Unrealized Unrealized Unrealized 2014 (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses 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) For the year ended December 31, 2015, there were U.S. Government agency securities and agency guaranteed mortgage-backed securities with unrealized losses totaling $ 497 206 Investment securities with combined fair values of $ 13.8 7.8 16.8 9.6

Loans, Allowance for Loan Losse

Loans, Allowance for Loan Losses and Credit Quality	12 Months Ended
	Dec. 31, 2015
Allowance For Loan And Lease Losses Provision For Net Loss [Abstract]
Allowance for Credit Losses [Text Block]	Note 4. Loans, Allowance for Loan Losses and Credit Quality 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) 2015 2014 Commercial Real Estate: Acquisition, development and construction $ 2,168 $ 2,159 Non-owner occupied 58,044 51,512 Owner occupied 45,690 49,582 Commercial and industrial 34,819 24,153 Guaranteed student loans 53,847 64,870 Consumer: Residential mortgage 18,140 8,377 HELOC 10,603 11,074 Other 22,722 1,232 Total loans 246,033 212,959 Allowance for loan losses (823) (1,089) Total loans, net of allowance for loan losses $ 245,210 $ 211,870 Included in the loan balances above are net deferred loan costs of $ 1.7 1.2 827 931 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 $ 6.9 9.0 At December 31, (dollars in thousands) 2015 2014 Contract principal balance $ 4,779 $ 7,178 Accretable yield (1) (42) Nonaccretable difference - (5) Carrying value of loans $ 4,778 $ 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. Due to the high level of uncertainty regarding the timing and amount of these cash flows in December 2010, Management initially considered the entire discount to be nonaccretable. However, due to improvement in the status of some credits, the majority of the nonaccretable difference was subsequently transferred to accretable yield and is being amortized as a yield adjustment over the lives of the individual loans. Cash flows received on loans with a nonaccretable difference 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 being applied to income. Any future reductions in carrying value as a result of deteriorating credit quality require an allowance for loan losses related to these loans. Accretable Nonaccretable (dollars in thousands) Yield Difference Balance at December 31, 2013 $ 62 $ 61 Charge-offs related to loss covered by ASC 310-30 - (56) Transfers - - Accretion (20) - Balance at December 31, 2014 42 5 Transfers 5 (5) Accretion (46) - Balance at December 31, 2015 $ 1 $ - 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 allowance for loan loss 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. December 31, 2015 (dollars in thousands) Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial and Guaranteed Residential Credit quality class Construction Occupied Occupied Industrial Student Loans Mortgage HELOC Other Total 1 Highest quality $ - $ - $ - $ - $ - $ - $ - $ - $ - 2 Above average quality - 7,772 3,285 1,876 53,847 - 1,063 396 68,239 3 Satisfactory 989 27,397 20,355 26,289 - 11,959 5,893 22,258 115,140 4 Pass 472 19,988 19,550 6,102 - 5,976 2,779 68 54,935 5 Special mention - 1,510 - 547 - 27 269 - 2,353 6 Substandard 152 - 151 5 - 41 239 - 588 7 Doubtful - - - - - - - - - 1,613 56,667 43,341 34,819 53,847 18,003 10,243 22,722 241,255 Loans acquired with deteriorated credit quality 555 1,377 2,349 - - 137 360 - 4,778 Total loans $ 2,168 $ 58,044 $ 45,690 $ 34,819 $ 53,847 $ 18,140 $ 10,603 $ 22,722 $ 246,033 December 31, 2014 (dollars in thousands) Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial and Guaranteed Residential Credit quality class Construction Occupied Occupied Industrial Student 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 deterioraed 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 A summary of the balances of loans outstanding by days past due, including accruing and non-accruing loans by portfolio class as of December 31, 2015 and 2014 were as follows: December 31, 2015 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total 30 - 59 days $ - $ - $ - $ - $ 3,178 $ - $ - $ 73 $ 3,251 60 - 89 days - - - - 2,413 - - - 2,413 > 90 days 152 - 1,388 - 9,645 - - - 11,185 Total past due 152 - 1,388 - 15,236 - - 73 16,849 Current 2,016 58,044 44,302 34,819 38,611 18,140 10,603 22,649 229,184 Total loans $ 2,168 $ 58,044 $ 45,690 $ 34,819 $ 53,847 $ 18,140 $ 10,603 $ 22,722 $ 246,033 > 90 days still accruing $ - $ - $ - $ - $ 9,645 $ - $ - $ - $ 9,645 December 31, 2014 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential (dollars 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 (dollars in thousands) 2015 2014 Commercial Real Estate: Acquisition, development and construction $ 152 $ 548 Non-owner occupied - Owner occupied 1,388 1,198 Commercial and industrial 5 121 Guaranteed Student Loans - - Consumer: Residential mortgage - 44 HELOC 289 310 Other - - Total loans $ 1,834 $ 2,221 Non-accrual troubled debt restructurings included above $ - $ - Non-accrual purchased credit impaired loans included above $ 1,370 $ 1,741 Impaired Loans All loans that are rated Substandard or worse are assessed as impaired based on the expectation that the full collection of principal and interest is in doubt. All loans that are expected to be downgraded to Substandard, require additional analysis to determine if the loan is impaired. 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: A loan is deemed impaired when, based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement. Factors impairing repayment might include: inadequate repayment capacity, severe erosion of equity, likely reliance on 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 allowance for loan loss as a specific reserve. Government Guaranteed Student loans with a past due balance greater than 90 days are not placed on non-accrual and are not considered impaired. When a loan reaches 120 days past due, the non-guaranteed portion of the loan is charged-off. The guarantor’s payment covers approximately 98% of principal and accrued interest. A component of the general loan loss reserve covers potential losses within the 2 Certain loans were identified and individually evaluated for impairment at December 31, 2015 and 2014. A number of these impaired loans were not 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, while one loan experienced collateral deterioration and a supplemental specific reserve was added. There were no consumer mortgage loans collateralized by residential real estate in the process of foreclosure as of December 31, 2015. 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 $ 152 $ 152 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied 151 152 - 156 - Commercial and industrial 5 5 - 13 - Consumer: - - Residential mortgage 41 41 - 44 3 HELOC 175 175 - 185 3 Other - - - - $ 524 $ 525 $ - $ 586 $ 6 With an allowance recorded: Commercial Real Estate: Acquisition, development and construction $ - $ - $ - $ - $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial - - - - - Consumer: Residential mortgage - - - - - HELOC 64 64 16 66 - Other - - - - - $ 64 $ 64 $ 16 $ 66 $ - Total: Commercial Real Estate: Acquisition, development and construction $ 152 $ 152 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied 151 152 - 156 - Commercial and industrial 5 5 - 13 - Consumer: - Residential mortgage 41 41 - 44 3 HELOC 239 239 16 251 3 Other - - - - - Total $ 588 $ 589 $ 16 $ 652 $ 6 The following is a summary of impaired loans, excluding acquired impaired loans, 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 are not included in the table above. 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. 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 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, and/or extensions in term maturity. During the year ended December 31, 2015, no loans were modified in trouble debt restructurings and two previous troubled debt restructurings were paid off. During the year ended December 31, 2014, two loans were modified in trouble debt restructurings and three previous troubled debt restructurings were paid off. At December 31, 2015 and 2014, no loans and four loans, respectively, were classified as TDRs. The principal balance outstanding relating to these loans was $ 1.3 1.3 Pre-modification Post-modification Number of Rate Term recorded recorded 2014 (dollars in thousands) loans modification extension investment investment (1) Commercial and industrial 1 $ - $ 512 $ 512 $ 457 Commercial real estate - non-owner occupied 1 - 595 595 417 Total 2 $ - $ 1,107 $ 1,107 $ 874 (1) The period end balances are inclusive of all partial paydowns and charge-offs since the modification date. Loans modified as TDRs that were fully paid down, charged-off, or foreclosed upon by period end are not reported. TDRs are considered to be in default if the borrower fails to make timely payments under the terms of the restructure and repayment possibilities have been exhausted. There were no troubled debt restructurings that defaulted within one year during the years ended December 31, 2015 or 2014 whereby all repayment possibilities had been exhausted. Commercial Real Estate Consumer Acquisition, Commercial Guaranteed Development, Non-owner Owner and Student Residential (dollars in thousands) Construction occupied occupied Industrial 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) (331) - (20) (2) (589) Recoveries - 241 361 - 5 9 - 616 (Charge-offs) recoveries (127) - 241 252 (331) 5 (11) (2) 27 Provision (recovery) 70 60 (308) (497) 234 (44) (4) 196 (293) Ending balance, December 31, 2015 $ 89 $ 157 $ 82 $ 112 $ 47 $ 59 $ 61 $ 216 $ 823 Allowance for loan losses for loans Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ 16 $ - $ 16 Collectively evaluated for impairment 89 157 82 112 47 59 45 216 807 Loans acquired with deteriorated credit quality - - - - - - - - - Ending balance, December 31, 2015 $ 89 $ 157 $ 82 $ 112 $ 47 $ 59 $ 61 $ 216 $ 823 Gross loan balances Individually evaluated for impairment $ 152 $ - $ 151 $ 5 $ - $ 41 $ 239 $ - $ 588 Collectively evaluated for impairment 1,461 56,667 43,190 34,814 53,847 17,962 10,004 22,722 240,667 Loans acquired with deteriorated credit quality 555 1,377 2,349 - - 137 360 - 4,778 Ending balance, December 31, 2015 $ 2,168 $ 58,044 $ 45,690 $ 34,819 $ 53,847 $ 18,140 $ 10,603 $ 22,722 $ 246,033 A summary of the allowance for loan losses by portfolio segment as of December 31, 2014 is as follows: Commercial Real Estate Consumer Acquisition, Commercial Guaranteed Development, Non-owner Owner and Student Residential (dollars in thousands) Construction Occupied Occupied Industrial 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) - (485) (359) - - - (964) Recoveries 33 57 49 91 - 4 4 21 259 (Charge-offs) recoveries 27 (57) 49 (394) (359) 4 4 21 (705) Provision (recovery) (181) 115 (222) 374 235 (26) 52 (42) 305 Ending balance, December 31, 2014 $ 146 $ 97 $ 149 $ 357 $ 144 $ 98 $ 76 $ 22 $ 1,089 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

Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	Note 5. 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 December 31, 2013 $ 139 Amortization (35) Balance at December 31, 2014 $ 104 Amortization (36) Balance at December 31, 2015 $ 68 Amortization expense is expected to be approximately $ 35 33

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Note 6. Premises and Equipment At December 31, (dollars in thousands) 2015 2014 Land $ 2,305 $ 1,568 Buildings and improvements 3,656 2,640 Furniture, fixtures and equipment 1,174 1,082 Leasehold improvements 369 369 Automobiles 34 34 Total premises and equipment $ 7,538 $ 5,693 Less: accumulated depreciation and amortization (1,558) (1,261) Total premises and equipment, net $ 5,980 $ 4,432 For the years ended December 31, 2015 and 2014, depreciation expense totaled $ 306 294 At the beginning of 2015, the Company leased two branches and an operations office under operating leases that were acquired as part of a business combination. Management determined that one of these leases required lease payments that were above market as of the date of the acquisition. A liability was established for $ 822 17 227 (dollars in thousands) By year ended December 31, Rent 2016 $ 101 2017 96 2018 99 2019 8 Total minimum payments required $ 304 The Chester branch lease, set to expire at the end of February 2016, was renegotiated after December 31, 2015, thus future minimum rental payments are only included for the first two months of 2016 in the above table for this branch (see Note 18 – Subsequent Events).

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2015
Advances from Federal Home Loan Banks [Abstract]
Federal Home Loan Bank Advances, Disclosure [Text Block]	Note 7. Borrowings The Bank is a member of the Federal Home Loan Bank of Atlanta (FHLB) which provides for short-term and long-term advances, typically collateralized by various mortgage products. (dollars in thousands) Maturity date 2015 2014 FHLB Advance — 1.62% December 2019 $ 10,000 $ 10,000 FHLB Advance — 0.615% March 2016 10,000 10,000 FHLB Advance — 1.63% October 2018 2,500 2,500 FHLB Advance — 1.92% October 2019 2,500 2,500 FHLB Advance — 1.158% January 2018 5,000 - Total $ 30,000 $ 25,000 Should the FHLB borrowing be repaid prior to maturity, the Bank may have to pay a mark-to-market termination fee to unwind on certain FHLB obligations. On the remaining advances, the Bank also has the option of converting and extending the borrowing term, subject to the inclusion of any mark-to-market fees. As of December 31, 2015, the Bank had approximately $ 14.1 39.7 BVA maintains $ 4.5

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 8. Related Party Transactions 5.2 4.7 539 523 Related Party Borrowings at December 31, 2013 $ 1,227 New loans/advances 4,355 Repayments (882) Related Party Borrowings at December 31, 2014 4,700 New loans/advances 1,285 Repayments (745) Related Party Borrowings at December 31, 2015 $ 5,240 In addition, executive officers, directors and their affiliates maintained deposits of $ 2.6 2.9

Time Deposits

Time Deposits	12 Months Ended
	Dec. 31, 2015
Time Deposits [Abstract]
Time Deposits Disclosure [Text Block]	Note 9. Time Deposits (dollars in thousands) By year ended December 31, 2016 $ 81,699 2017 27,963 2018 25,356 2019 4,413 2020 14,587 Balance at December 31, 2015 $ 154,018 The aggregate amount of time deposits of $250,000 or more at December 31, 2015 and 2014 were $ 13.7 9.7 35.2 35.8

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 10. Income Taxes The Company and Bank file income tax returns in the U.S. federal jurisdiction. With few exceptions, the Bank is no longer subject to U.S. federal income tax examinations by tax authorities for years prior to 2012. (dollars in thousands) 2015 2014 Deferred tax assets Unrealized securites losses $ 235 $ 159 Acquistion accounting adjustments 90 271 Other real estate owned 96 97 Net operating loss carryforward 6,385 6,372 Accrued vacation 26 22 Non-accrual loan interest 89 92 Bank premises and equipment 8 - Stock compensation 52 34 Other 1 2 Total deferred tax assets $ 6,982 $ 7,049 Deferred tax liabilities Allowance for loan losses $ (903) $ (804) Bank premises and equipment - (32) Total deferred tax liabilities $ (903) $ (836) Net deferred tax asset $ 6,079 $ 6,213 Less: valuation allowance (6,079) (6,213) $ - $ - (dollars in thousands) 2015 2014 Current tax expense $ - $ - Deferred tax (benefit) 210 662 Less change in valuation allowance allocable to securities (76) (17) Deferred tax (benefit) 134 645 Change in valuation allowance (134) (645) Total tax expense $ - $ - Under the provisions of the Internal Revenue Code, the Company has approximately $ 18.7 6.1 254

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Of Off Balance Sheet Risks Disclosure [Text Block]	Note 11. Financial Instruments with Off-Balance Sheet Risk The Bank is party to credit-related financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated Balance Sheet. The Bank’s exposure to credit loss is represented by the contractual amount of these commitments. The Bank follows the same credit policies in making commitments as it does for on-balance sheet instruments. (dollars in thousands) 2015 2014 Unused commitments and commitments to fund $ 16,133 $ 15,110 Commercial and standy letters of credit 445 535 $ 16,578 $ 15,645 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for equity lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Bank, is based on management’s credit evaluation of the customer. Unfunded commitments under commercial lines of credit, revolving credit lines and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit usually contain a specified maturity date and may not be fully drawn upon to the total extent to which the Bank is committed. The amount of collateral obtained, if it is deemed necessary by the Bank, is based on management’s credit evaluation of the customer. Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Those letters of credit are primarily issued to support public and private borrowing arrangements. Letters of credit issued generally have expiration dates within one year, except for those originally issued as two year commitments, however, upon automatic renewal, the letters of credit will then have expiration dates that expire within one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in normal extensions of credit. The Bank generally holds collateral supporting those commitments, if deemed necessary. The Bank maintains its primary cash accounts in correspondent banks. Capital ratios of correspondents are reviewed periodically to ensure that their capital ratios are maintained at acceptable levels. There were uninsured balances held with these institutions of $ 10.6 6.0

Minimum Regulatory Capital Requ

Minimum Regulatory Capital Requirements and Dividend Limitations	12 Months Ended
	Dec. 31, 2015
Minimum Regulatory Capital Requirements and Dividend Limitations [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 12. Minimum Regulatory Capital Requirements and Dividend Limitations The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, possibly additional discretionary, actions by regulators that could have a direct material effect on the Bank’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, financial institutions must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. A financial institution’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Because total assets on a consolidated basis are less than $ 500,000,000 The final rules implementing Basel Committee on Banking Supervision's capital guidelines for U.S. banks (Basel III rules) became effective on January 1, 2015, with full compliance with all of the requirements being phased in over a multi-year schedule, and fully phased in by January 1, 2019. As part of the new requirements, the Common Equity Tier I Capital ratio is calculated and utilized in the assessment of capital for all institutions. Capital amounts and ratios for December 31, 2014 were calculated using the Basel I rules, which were effective until January 1, 2015. Quantitative measures established by regulation to ensure capital adequacy require financial institutions to maintain minimum amounts and ratios (set forth in the table below) of total, Tier 1 capital and common equity Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). As of December 31, 2015, the Bank meets all capital adequacy requirements to which it is subject. As of December 31, 2015, the Bank was considered as well capitalized under the Federal Reserve Bank’s regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed the Bank's category. Minimum To Be Well Capitalized Under Minimum Capital Prompt Corrective Actual Capital Requirement Action Provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio 2015 Total capital (To risk-weighted assets) $ 28,280 13.43 % $ 16,842 8.00 % $ 21,052 10.00 % Tier 1 capital (To risk-weighted assets) $ 27,457 13.04 % $ 12,631 6.00 % $ 16,842 8.00 % Comon equity tier 1 capital* (To risk-weighted assets) $ 27,457 13.04 % $ 9,473 4.50 % $ 13,684 6.50 % Tier 1 capital (To average assets) $ 27,457 7.82 % $ 14,049 4.00 % $ 17,561 5.00 % 2014 Total capital (To risk-weighted assets) $ 27,074 15.52 % $ 13,958 8.00 % $ 17,448 10.00 % Tier 1 capital (To risk-weighted assets) $ 25,985 14.89 % $ 6,979 4.00 % $ 10,469 6.00 % Tier 1 capital (To average assets) $ 25,985 8.24 % $ 12,610 4.00 % $ 15,763 5.00 % * Common equity tier 1 capital became applicable in 2015. Dividend Limitations As a result of regulatory restrictions due to losses realized by the Bank during 2014 and 2012 and the provisions of the Bank’s previous written agreement with the Federal Reserve Bank of Richmond, which terminated on August 13, 2013, we are not presently able to pay dividends without prior approval. Accordingly, the Bank paid no dividends during 2015 or 2014.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Employee Benefits and Share-based Compensation [Abstract]
Compensation and Employee Benefit Plans [Text Block]	Note 13. Employee Benefit Plans Employee 401(k) Savings Plan The Company provides a 401(k) Plan that is available to employees meeting minimum eligibility requirements. The Company did not make any matching contributions to the plan in 2015 or 2014. The employee participants have various investment alternatives available in the 401(k) Plan; however, Company stock is currently not permitted as an investment alternative. Employee Welfare Plan The Company provides benefit programs to eligible full-time and part-time employees who elect coverage under the plan. Each plan has its own eligibility requirement. During an annual enrollment period each year, employees have the opportunity to change their coverage or, in certain circumstances, more frequently due to certain life-changing events. Generally, amounts paid by employees for benefit coverage are deducted from their pay on a before-tax basis. Certain benefits are deducted on an after-tax basis. Various insurance benefits offered to employees consist of medical, dental, vision, life, accidental death and dismemberment, long term disability, short term disability, medical spending account, dependent care spending account, long term care and supplemental insurance. The health and welfare plans are administered through Multiple Employer Welfare Association (“MEWA”). Monthly employer and employee contributions are remitted to a tax-exempt employer benefits trust managed by the Virginia Bankers Association, against which the MEWA processes and pays claims. Deferred Compensation Plan The Bank had a deferred compensation agreement with its Former Chief Executive Officer and Vice Chairman of the board entered into in January 2005, providing for benefit payments commencing January 1, 2010, for a period of five years. The final payout was made in December 2014. The annual payment for 2014 was $ 60 Stock Options and Restricted Stock Share-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 Bank’s 2005 annual meeting of shareholders, the Bank’s shareholders ratified approval of the Bank of Virginia 2005 Stock Option Plan (the “2005 Plan”) which made available up to 26,560 At the Bank’s 2011 annual meeting of shareholders, the Bank’s shareholders approved a new 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 participate. 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 further align their interests with the Bank’s shareholders. At the Company’s 2014 annual meeting of shareholders, Cordia shareholders approved an amendment to the 2011 Plan to increase the number of shares authorized for issuance by an additional 800,000 592,765 There were 20,000 10,000 12,500 Effective upon Cordia’s acquisition of the Bank on March 29, 2013, the 2005 and 2011 Plans were assumed by Cordia. Weighted- Average Weighted- Remaining Option Average Exercise Contractual Term shares Price (Years) Outstanding at January 1, 2014 115,656 $ 7.68 8.44 Granted 31,150 4.16 - Forfeited (1,328) 6.40 - Outstanding at December 31, 2014 145,478 $ 6.94 7.88 Granted 23,600 3.86 - Forfeited (44,392) 6.28 - Outstanding at December 31, 2015 124,686 $ 6.59 7.54 Exercisable at December 31, 2015 63,567 $ 8.71 - 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, which was the case at both December 31, 2015 and 2014. The weighted average fair value of options granted during 2015 and 2014 was $ 1.38 1.50 58 3.83 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 % Options totaling 23,600 31,150 During 2015, each non-executive director was granted 2,278 40,000 3,378 103,880 411 2,300 66,000 85,933 361 Weighted Shares Average Price Nonvested as of January 1, 2014 11,700 $ 4.41 Granted 85,933 4.20 Vested 45,053 4.21 Forfeited - - Nonvested as of December 31, 2014 52,580 $ 4.23 Granted 103,880 3.96 Vested 49,000 4.05 Forfeited - - Nonvested as of December 31, 2015 107,460 $ 4.05 The weighted average fair value of restricted stock granted during the year was $ 3.96 372 3 A total of 578,125 Stock-based compensation expense was $ 318 270 Cordia does not have any benefit plans or incentive compensation plans beyond those maintained by the Bank. Cordia does provide a life insurance benefit to the President and Chief Executive Officer under the terms of his employment agreement.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value, Measurement Inputs, Disclosure [Text Block]	Note 14. 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, loans held for sale, 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 Investments 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 December 31, 2015 and 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. Fair Value Measurements at December 31, 2015 (dollars in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Assets: Cash and cash equivalents $ 18,460 $ 18,460 $ - $ - $ 18,460 Securities available for sale 46,220 - 46,220 - 46,220 Securities held to maturity 25,500 - 25,694 - 25,694 Restricted securities 2,355 - 2,355 - 2,355 Loans held for sale 220 220 Net Loans held for investment 245,210 - - 244,776 244,776 Interest receivable 2,085 - 2,085 - 2,085 Liabilities: Demand deposits 28,969 - 28,969 - 28,969 Savings and interest-bearing demand deposits 107,057 - 107,057 - 107,057 Time deposits 154,018 - 154,027 - 154,027 FHLB Borrowings 30,000 - 29,878 - 29,878 Interest payable 197 - 197 - 197 Fair Value Measurements at December 31, 2014 (dollars in thousands) Carrying 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 Loans held for investment 211,870 - - 213,861 213,861 Interest receivable 2,040 - 2,040 - 2,040 Liabilities: Demand deposits 29,795 - 29,795 - 29,795 Savings and interest-bearing demand deposits 84,258 - 82,258 - 82,258 Time deposits 151,550 - 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). The following table presents the balances of financial assets measured at fair value on a recurring basis at December 31, 2015 and 2014: Quoted Prices Significant Other Significant (dollars in thousands) Balance at (Level 1) (Level 2) (Level 3) 2015 U. S. Government Agencies $ 2,139 $ - $ 2,139 $ - Agency Guaranteed Mortgage-backed securities 44,081 - 44,081 - 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 a 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 based on income valuation approach 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’s 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 Allowance for Loan Losses 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 measure 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 is charged against the Allowance for Loan Losses. Subsequent fair value adjustments are recorded in the period incurred and included in other noninterest expense on the Consolidated Statements of Operations. Quoted Prices Significant Other Significant (dollars in thousands) Balance at (Level 1) (Level 2) (Level 3) 2015 Impaired loans $ 48 $ - $ - $ 48 Other real estate owned 1,870 - - 1,870 2014 Impaired loans $ 42 $ - $ - $ 42 Other real estate owned 1,641 - - 1,641 December 31, 2015 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Description Fair Value Valuation Technique Unobservable input Range Impaired loans $ 48 - - 0-10% Other real estate owned $ 1,870 Discounted appraised value Discount for lack of marketability 6-29% December 31, 2014 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Description Fair Value Valuation Technique Unobservable input Range Impaired loans $ 42 - - 0-10% Other real estate owned $ 1,641 Discounted appraised value Discount for lack of marketability 6-29%

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2015
Other Real Estate Owned [Abstract]
Real Estate Owned [Text Block]	Note 15. Other Real Estate Owned (dollars in thousands) 2015 2014 Beginning balance, January 1 $ 1,641 $ 1,545 Additions 634 83 Improvements 6 - Valuation adjustments (65) 13 Sales (346) - Ending balance, December 31 $ 1,870 $ 1,641 Residential real estate included in ending balance, December 31 $ 1,184 $ 1,192 The Company aggressively attempts to dispose of its other real estate and has contracted with a third-party vendor to aid in expediting the sales process. The Company recorded a gain of $ 21 90 46

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss)	12 Months Ended
	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income, Noncontrolling Interest [Text Block]	Note 16. Accumulated Other Comprehensive (Loss) (dollars in thousands) Unrealized Gain Unrealized Gain Total Balance December 31, 2013 $ (50) $ (334) $ (384) Unrealized holding losses on available for sale securities (132) - (132) Amortization of AFS to HTM reclassification adjustment - 48 48 Net current period other comprehensive income (132) 48 (84) Balance December 31, 2014 $ (182) $ (286) $ (468) Unrealized holding losses on available for sale securities (271) - (271) Amortization of AFS to HTM reclassification adjustment - 49 49 Net current period other comprehensive income (271) 49 (222) Balance December 31, 2015 $ (453) $ (237) $ (690) (in thousands) 2015 2014 Affected Line Available-for-sale securities Realized gains on sales of securities $ 133 $ 177 Net gain on sale of available-for-sale securities

Preferred Stock Issuance and Co

Preferred Stock Issuance and Conversion	12 Months Ended
	Dec. 31, 2015
Preferred Stock Issuance And Conversion [Abstract]
Preferred Stock Issuance And Conversion [Text Block]	Note 17. Preferred Stock Issuance and Conversion 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, for a total issuance of approximately 3,629,871 2,229,434 1,400,437 Other than voting rights, the nonvoting common stock has the same rights and privileges as the common stock, including sharing ratably in all assets of the Company upon its liquidation, dissolution or winding-up, and entitlement to receive dividends in the same amount per share and at the same time when, as and if declared by the Board, and is identical to the common stock in all other respects as to all other matters (other than voting). Holders of nonvoting common stock have no cumulative voting rights or preemptive rights (other than the limited contractual preemptive rights of certain investors in the private placement offering) to purchase or subscribe for any additional shares of common stock or nonvoting common stock or other securities, and there are no conversion rights or redemption or sinking fund provisions with respect to the nonvoting common stock. Authorized Shares. 5,000,000 0.01 1,400,437 Voting Rights. Holders of nonvoting common stock are not entitled to vote except as required by the Virginia Stock Corporation Act. Where the shares of nonvoting common stock are entitled to vote under Virginia law, each holder of nonvoting common stock will have one vote for each share of nonvoting common stock held of record solely on the matters to which such shares are entitled to vote, and subject to the rights and limitations specified by the Virginia Stock Corporation Act. Automatic Conversion Upon Permitted Transfer. Each share of nonvoting common stock will automatically convert into one share of common stock in the event of a “permitted transfer” to a transferee. A “permitted transfer” is a transfer of nonvoting common stock (i) in a widespread public distribution, (ii) in which no transferee (or group of associated transferees) would receive 2% or more of any class of voting securities of the Company, or (iii) to a transferee that would control more than 50% of the voting securities of the Company without any transfer from such holder of nonvoting common stock. Dividends. Subject to the prior rights of the holders of shares of preferred stock that may be issued and outstanding, the holders of nonvoting common stock are entitled to receive dividends when, as and if declared by the Company’s Board of Directors out of funds lawfully available for the payment of dividends.

Parent Company - Condensed Fina

Parent Company - Condensed Financial Statements	12 Months Ended
	Dec. 31, 2015
Cash Dividends Paid to Parent Company [Abstract]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 18. Parent Company – Condensed Financial Statements Condensed Balance Sheets December 31, 2015 and 2014 (dollars in thousands) 2015 2014 Assets: Cash and due from banks $ 940 $ 1,779 Investment in Bank of Virginia 26,796 25,621 Other assets 7 11 Total assets $ 27,743 $ 27,411 Liabilities and capital: Liabilities $ 4 $ 275 Equity Common stock 65 65 Additional paid-in capital 33,191 32,956 Retained deficit (4,827) (5,417) Accumulated other comprehensive loss (690) (468) Total equity 27,739 27,136 Total liabilities and equity $ 27,743 $ 27,411 For the years ended December 31, 2015 and 2014 (dollars in thousands) 2015 2014 Income: Equity in undistributed income of subsidiary $ 1,397 $ 323 Interest income - 1 Total income $ 1,397 $ 324 Expenses: Other expense 807 736 Total expense 807 736 Net income (loss) $ 590 $ (412) For the years ended December 31, 2015 and 2014 (dollars in thousands) 2015 2014 Cash flows from operating activities: Net income (loss) $ 590 $ (412) Adjustments to reconcile net income (loss) to net cash used in operating activities: Equity in undistributed income of subsidiary (1,397) (323) Stock-based compensation 318 270 Net decrease in other assets 4 218 Net decrease in other liabilities (271) (760) Net cash used in operating activities (756) (1,007) Cash flows from investing activities: Investment in Bank of Virginia, net of costs - (11,500) Net cash used in investing activities - (11,500) Cash flows from financing activities: Repurchase of common stock (83) - Issuance of Common Stock, net of costs - 14,075 Net cash (used in) provided by investing activities (83) 14,075 Net increase (decrease) in cash and due from banks (839) 1,568 Cash and due from banks, beginning of period 1,779 211 Cash and due from banks, end of period $ 940 $ 1,779

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 19. Subsequent Events (dollars in thousands) By year ended December 31, Rent 2016 $ 49 2017 50 2018 51 2019 52 2020 53 Total minimum payments required under renewal $ 255 On March 1, 2016, the Bank transferred certain marketing arrangements, internet domains and intellectual property related to CordiaGrad to a newly formed subsidiary, which it then sold to Jack C. Zoeller, who resigned as Cordia’s President and Chief Executive Officer in connection with the transaction. No loans were sold as part of the transaction and, as part of the transaction, the Bank agreed to provide certain transition and loan origination services to the new entity acquired by Mr. Zoeller through June 30, 2016. Cordia anticipates recording charges totaling $ 1.6 740 Effective March 1, 2016, following Jack Zoeller’s resignation, O.R. (Ed) Barham, Jr. was appointed as a director and as President and Chief Executive Officer of Cordia and as Chairman of the Board of Directors of the Bank.

Organization and Summary of S27

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Use of Estimates, Policy [Policy Text Block]	(a) Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of deferred tax assets, the valuation of other real estate owned, intangible assets, acquired loans with specific credit-related deterioration and fair value measurements.
Cash and Cash Equivalents, Policy [Policy Text Block]	(b) Cash and Cash Equivalents For purposes of the statement of cash flows, cash and cash equivalents include cash on hand, amounts due from banks and federal funds sold. Generally, federal funds are purchased and sold for one day periods.
Marketable Securities, Policy [Policy Text Block]	(c) Securities Debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. Securities not classified as held to maturity, including equity securities with readily determinable fair values, are classified as “available for sale” and recorded at estimated fair value. Other securities, such as Federal Reserve Bank stock and Federal Home Loan Bank stock, are carried at cost and are listed on the balance sheet as restricted securities. In estimating other than temporary impairment losses management considers, (1) the length of time and extent to which the fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, and (3) our ability to retain our investment for a period of time sufficient to allow for any anticipated recovery in fair value. Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if either (1) the Company intends to sell the security or (2) it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis. If, however, the Company does not intend to sell the security and it is not more-than-likely that the Company will be required to sell the security before recovery, management must determine what portion of the impairment is attributable to a credit loss, which occurs when the amortized cost of the security exceeds the present value of the cash flows expected to be collected from the security. If there is no credit loss, there is no other-than-temporary impairment. If there is a credit loss, other-than-temporary impairment exists, and the credit loss must be recognized in net income and the remaining portion of impairment must be recognized in other comprehensive income. For equity securities carried at cost as restricted securities, impairment is considered to be other-than-temporary based on our ability and intent to hold the investment until a recovery of value. Other-than-temporary impairment of an equity security results in a write-down that must be included in income. The Company regularly reviews each security for other-than-temporary impairment based on criteria that include the extent to which costs exceed market price, the duration of that market decline, the financial health of and specific prospects for the issuer, management’s best estimate of the present value of cash flows expected to be collected on these debt securities, the Company’s intention with regard to holding the security to maturity and the likelihood that the Company would be required to sell the security before recovery. The Company adjusts amortization or accretion on each bond on a level yield basis monthly.
Trade and Loan Receivables, Nonmortgage Loans Held-for-sale, Policy [Policy Text Block]	(d) Loans Held For Sale Secondary market mortgage loans are designated as held for sale at the time of their origination. These loans are pre-sold with servicing released and the Company does not retain any interest after the loans are sold. These loans consist primarily of fixed-rate, single-family residential mortgage loans which meet the underwriting characteristics of certain government–sponsored enterprises (conforming loans). In addition, the Company requires a firm purchase commitment from a permanent investor before a loan can be committed, thus limiting interest rate risk. Loans held for sale are carried at the lower of cost or fair value. Gains on sales of loans are recognized at the loan closing date and are included in noninterest income. The company had $220 thousand of loans held for sale as of December 31, 2015 and no loans classified as held for sale as of December 31, 2014.
Loan Commitments, Policy [Policy Text Block]	(e) Loans The Company grants commercial and consumer loans to customers. A substantial portion of the loan portfolio is represented by commercial loans throughout the greater Richmond, Virginia metropolitan area. The ability of the Bank’s debtors to honor their contracts is dependent upon numerous factors including the collateral performance, general economic conditions, as well as the underlying strength of borrowers and guarantors. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are generally reported at their outstanding unpaid principal balances adjusted for the allowance for loan losses and net deferred fees and costs. Interest income is accrued on the unpaid principal balance. Loan origination and commitment fees and certain direct costs are deferred and the net amount is amortized as an adjustment of the related loan’s yield. The Bank is amortizing these amounts on an effective interest method over the loan’s contractual life or to the pay-off date if the balance is repaid prior to maturity. Loans are recorded based on purpose, collateral and repayment period. Interest is calculated on a 365/360 for commercial loans and 365/365 for consumer loans. Interest is accrued on a daily basis. The Company was licensed by the U.S. Department of Education as a rehabilitated student lender effective November 2012. In the first quarter of 2013, the Company began purchasing rehabilitated student loans guaranteed by the U.S. Department of Education. The guarantee covers approximately 98% of principal and accrued interest. The unguaranteed principal balance of these loans was approximately $1.1 million at December 31, 2015 and $1.3 million at December 31, 2014. The company ceased purchasing rehabilitated, federally guaranteed student loans in April 2014. The past due status of a loan is based on the contractual due date of the most delinquent payment due. Each loan will be placed in one of the following categories: current, 1-29 days past due, 30-59 days past due, 60-89 days past due and 90 days and over past due. Generally, the accrual of interest on a loan is discontinued at the time the loan becomes 90 days delinquent unless the credit is well-secured and in process of collection or refinancing. Due to the guaranty by the U.S. Department of Education, Guaranteed Student Loans continue to accrue interest up until charged-off. 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. 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. Government Guaranteed Student loans with a past due balance greater than 90 days are not placed on non-accrual. When a loan reaches 120 days past due, the non-guaranteed portion of the loan is charged-off. A claim is filed with the guarantor when the loan becomes 270 days past due. Interest continues to accrue until charge-off. 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. In situations where, for economic or legal reasons related to a borrower’s financial condition, management may grant a concession to the borrower that it would not otherwise consider, the related loan is classified as a troubled debt restructuring (TDR). Management strives to identify borrowers in financial difficulty early and work with them to modify their loan to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance, re-amortization, and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal, management measures any impairment on the restructuring as noted below for impaired loans. There were no loans classified as a TDR as of December 3l, 2015. There were four loans with an aggregate principal balance of $1.3 million classified as TDRs as of December 31, 2014. Acquired loans with specific credit deterioration are accounted for by Cordia in accordance with FASB Accounting Standards Codification 310-30. Certain acquired loans, those for which specific credit-related deterioration, since origination, is identified, are recorded at fair value reflecting the present value of the amounts expected to be collected. Income recognition on these loans is based on a reasonable expectation about the timing and amount of cash flows to be collected. Acquired loans deemed impaired and considered collateral dependent, with the timing of the sale of loan collateral indeterminate, remain on non-accrual status and have no accretable yield. The difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition is referred to as the “nonaccretable difference,” and is not recorded. Any excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable yield and is recognized as interest income over the remaining life of the loan when there is a reasonable expectation about the amount and timing of such cash flows. Subsequent decreases to the expected cash flows will generally result in a provision for loan losses, while subsequent increases in cash flows may result in a reversal of post-acquisition provision for loan losses, or a transfer from nonaccretable difference to accretable yield.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	(f) Allowance for Loan Losses The allowance for loan losses (“ALLL”) is increased by charges to income and decreased by charge-offs, net of recoveries. The ALLL is established and maintained at a level management deems adequate to cover probable losses inherent in the portfolio as of the balance sheet date and is based on management’s evaluation of the risks in the loan portfolio and changes in the nature and volume of loan activity. There are risks inherent in all loans, so an ALLL is maintained for loans to absorb probable losses on existing loans that may become uncollectible. The ALLL is established and maintained as losses are estimated to have occurred through a provision for loan losses charged to earnings, which increases the balance of the ALLL. Loan losses for all segments are charged against the ALLL when management believes the uncollectability of a loan is confirmed, which decreases the balance of the ALLL. Subsequent recoveries, if any, are credited back to the ALLL. The amount of the ALLL is established through the application of a standardized model, the components of which are: an impairment analysis of specific loans to determine the level of any specific reserves needed and an estimate of the general reserves needed which consists of a weighted average of historical loss experience and adjustments for economic and environmental factors. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. In order for the ALLL methodology to be considered valid and for Management to make the determination if any deficiencies exist in the process, the Bank at a minimum requires: - A review of trends in loan volume, delinquencies, restructurings and concentrations; - Tests of source documents and underlying assumptions to determine that the established methodology develops reasonable loss estimates; and - An evaluation of the appraisal process of the underlying collateral which may be accomplished by periodically comparing the appraised value to the actual sales price on selected properties sold. - Accurate loan risk ratings Note 4 includes an additional discussion of how the ALLL is quantified. The use of various estimates and judgments in the Bank’s ongoing evaluation of the required level of ALLL can significantly affect the Bank’s results of operations and financial condition and may result in either greater provisions against earnings to increase the ALLL or reduced provisions based upon management’s current view of portfolio and economic conditions and the application of revised estimates and assumptions. The specific component of the ALLL relates to loans that are classified as either doubtful, substandard or TDR. For such loans that are also classified as impaired, a loan level allowance is established. The evaluation of the need for a specific reserve involves the identification of impaired loans and an analysis of those loans’ repayment capacity from both primary (cash flow) and secondary (real estate and non-real estate collateral or guarantors) sources and making specific reserve allocations to impaired loans that exhibit inherent weaknesses and various other elevated credit risk factors. All available collateral is analyzed and valued, with discounts applied according to the age of any real estate appraisals or the liquidity of other asset classes. The analysis is compared to the aggregate Bank loan exposure, giving consideration to the Bank’s lien preference and other actual and contingent obligations of the borrower. Any loan guarantors are rated and their value weighted based on an analysis of the guarantor’s net worth, including liabilities, liquid assets, and annual cash flows and total contingent liabilities. A loan is considered impaired when it is probable that the Bank will be unable to collect all amounts when due according to the contractual terms of the loan agreement. We do not consider a loan impaired during a period of insignificant delay in payment if we expect the ultimate collection of all amounts due. Impairment is measured as the difference between the recorded investment in the loan and the evaluation of the present value of expected future cash flows or the observable market price of the loan or collateral value of the impaired loan when that cash flow or collateral value is lower than the carrying value of that loan. Loans that are collateral dependent, that is, loans where repayment is expected to be provided solely by the underlying collateral, and for which management has determined foreclosure is probable, are measured for impairment based on the fair value of the collateral as described above. The general component covers pass rated loans and special mention loans and is based on historical loss experience adjusted for qualitative factors. The model estimates probable loan losses by analyzing historical loss experience and other trends within the portfolio, including trends in delinquencies and charge-offs, the opinions of regulators, changes in the growth rate, size and composition of the loan portfolio, particularly the level of Special Mention rated loans, the level of past due loans, the level of home equity loans and commercial real estate loans in aggregate and as a percentage of capital, and industry information. A component of the general reserve for unimpaired loans is established based on a weighted average historical loss factor for the prior twelve quarters (with more weight given to the more recent quarters) and the level of unimpaired loans. Management applies a 45% weighting to the most recent four quarters, a 35% weighting to the next four quarters and a 20% weighting to the most distant four of the prior twelve quarters when calculating this component of the general reserve. Also included in management’s estimates for loan losses are considerations with respect to the impact of local and national economic trends, the outcomes of which are uncertain. These events may include, but are not limited to, a general slowdown in the national or local economy, national and local unemployment rates, local real estate values, fluctuations in overall lending rates, political conditions, legislation that may directly or indirectly affect the banking industry and economic conditions affecting the specific geographic area in which the Bank conducts business.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the assets' estimated useful lives. Estimated useful lives range from 10 to 30 years for buildings and 3 to 10 years for autos, furniture, fixtures and equipment. The value of land is carried at cost.
Real Estate Owned, Valuation Allowance, Policy [Policy Text Block]	(h) Other Real Estate Owned Assets acquired through loan foreclosure are held for sale. They are initially recorded at fair value at the date of foreclosure, less estimated selling costs thus establishing a new cost basis. Subsequent to foreclosure, valuations of the assets are periodically performed by management. Adjustments are made to the lower of the carrying amount or fair value of the assets less selling costs. Revenue and expenses from operations and sales are included in other real estate expenses, net in the statement of operations. The Bank’s investment in foreclosed assets totaled $ 1.9 1.6
Goodwill and Intangible Assets, Policy [Policy Text Block]	(i) Goodwill and Other Intangibles FASB ASC 805, Business Combinations, requires that the acquisition method of accounting be used for all business combinations. With acquisitions, the Company is required to record assets acquired, including any intangible assets, and liabilities assumed at fair value, which involves relying on estimates based on third party valuations, such as appraisals, or internal valuations based on discounted cash flow analysis or other valuation methods. The Company records goodwill per ASC 350, Intangibles-Goodwill and Others. Accordingly, goodwill is no longer subject to amortization over its estimated useful life, but is subject to at least an annual assessment for impairment by applying a fair value-based test. Additionally, under ASC 350, acquired intangible assets (such as core deposit intangibles) are separately recognized if the benefit of the assets can be sold, transferred, licensed, rented, or exchanged, and amortized over their useful lives. Goodwill was determined to be impaired in December 2011 at the annual impairment evaluation and was written off in its entirely at that time. Core deposit intangibles of $ 68 104
Income Tax, Policy [Policy Text Block]	(j) Income Taxes Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences, operating loss carryforwards, and tax credit carryforwards. Deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, the recognition of the asset is less than probable. A valuation allowance has been recorded against the Company’s entire net deferred tax asset. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the positions taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is recognized as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of December 31, 2015 and 2014, the Company had recorded no such liability. Banks operating in Virginia are not subject to Virginia State Income Tax, but are subjected to Virginia Bank Franchise Taxes.
Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block]	(k) Marketing Costs The Company follows the policy of charging the production costs of marketing/advertising to expense as incurred unless the advertising campaign extends for a significant time period, in which case, such costs will be amortized to expense over the duration of the advertising campaign.
Comprehensive Income, Policy [Policy Text Block]	(l) Comprehensive Income (Loss) Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income (loss). Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income (loss), are components of comprehensive income (loss).
Earnings Per Share, Policy [Policy Text Block]	(m) 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 125 145 For the years ended December 31, 2015 and 2014, 578,125 shares of unvested common stock were excluded from the computation of basic and diluted earnings per common share as they are performance based and deemed unlikely to vest. All other vested and nonvested restricted common shares, which carry all rights and privilege of a stockholder with respect to the stock, including the right to vote, were included in both the basic and diluted earnings per common share calculations. (dollars in thousands) 2015 2014 Net income (loss) $ 590 $ (412) Weighted average common shares outstanding, basic 6,572,097 4,722,556 Dilutive effect of stock options - - Weighted average common shares outstanding, diluted 6,572,097 4,722,556 Basic income (loss) per common share $ 0.09 $ (0.09) Diluted income (loss) per common share $ 0.09 $ (0.09)
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	(n) Stock Option Plan Authoritative accounting guidance requires the costs resulting from all share-based payments to employees be recognized in the financial statements. For stock option grants, stock-based compensation is estimated at the date of grant, using the Black-Scholes option valuation model for determining fair value. Restricted stock grants are expensed based on the grant date fair value of the Company’s common stock. The Company recognized stock-based compensation expense of $ 318 270
Fair Value Measurement, Policy [Policy Text Block]	(o) Fair Value Measurements Fair values of financial instruments are estimated using relevant market information and other assumptions as more fully disclosed in Note 14. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or market conditions could significantly affect the estimates.
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	(p) Transfer of Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when 1) the assets have been isolated from the Company – put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership; 2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and 3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity of the ability to unilaterally cause the holder to return specified assets.
Reclassification, Policy [Policy Text Block]	(q) Reclassification In certain circumstances, reclassifications have been made to prior period information to conform to the 2015 presentation. Such reclassifications had no effect on previously reported stockholders’ equity or net income or loss.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements 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 Company does not expect the adoption of ASU 2014-12 to have a material impact on its 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. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. 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 does not expect the adoption of ASU 2015-05 to have a material impact 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 adoption of ASU 2015-15 did not have a material impact on the Company’s 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. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” The amendments in ASU 2016-01, among other things: 1) Requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. 2) Requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. 3) Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables). 4) Eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is currently assessing the impact that ASU 2016-01 will have on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842).” Among other things, in the amendments in ASU 2016-02, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) A lease liability, which is a lessee‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted upon issuance. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may not apply a full retrospective transition approach. The Company is currently assessing the impact that ASU 2016-02 will have on its (consolidated) financial statements.

Organization and Summary of S28

Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The calculation for basic and diluted earnings per common share for the years ended December 31, are as follows: (dollars in thousands) 2015 2014 Net income (loss) $ 590 $ (412) Weighted average common shares outstanding, basic 6,572,097 4,722,556 Dilutive effect of stock options - - Weighted average common shares outstanding, diluted 6,572,097 4,722,556 Basic income (loss) per common share $ 0.09 $ (0.09) Diluted income (loss) per common share $ 0.09 $ (0.09)

Business Combination (Tables)

Business Combination (Tables)	12 Months Ended
	Dec. 31, 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: Income (Expense) December 31, (dollars in thousands) 2015 2014 Loans $ 114 $ 225 Premises and equipment 9 8 Core deposit intangible (36) (36) Building lease obligations 272 94 Net impact to net income $ 359 $ 291

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2015 and 2014. Gross Unrealized 2015 (dollars in thousands) Amortized Gains Losses Fair Value U.S. Government agencies $ 2,144 $ 5 $ (10) $ 2,139 Agency guaranteed mortgage-backed securities 44,529 3 (451) 44,081 Total $ 46,673 $ 8 $ (461) $ 46,220 Gross Unrealized 2014 (dollars in thousands) Amortized 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 carry value, gross unrealized gains and losses, and fair value of securities held to maturity at December 31, 2015 and 2014. Gross Unrealized 2015 (dollars in thousands) Carry Gains Losses Fair Value Agency guaranteed mortgage-backed securities $ 25,500 $ 230 $ (36) $ 25,694 Total $ 25,500 $ 230 $ (36) $ 25,694 Gross Unrealized 2014 (dollars in thousands) Carry 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]	Amortized (Dollars in thousands) Cost Fair Value Over one year within five years $ 43 $ 43 Over five years within ten years 2,144 2,139 Over ten years 44,486 44,038 Total $ 46,673 $ 46,220 The carry value and fair value of securities held to maturity as of December 31, 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 Value Fair Value Over five years within ten years $ 3,633 $ 3,729 Over ten years 21,867 21,965 Total $ 25,500 $ 25,694
Schedule of Unrealized Loss on Investments [Table Text Block]	Unrealized Losses on Securities Less than 12 Months 12 Months or Longer Total Unrealized Unrealized Unrealized 2015 (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses U.S. Government agencies $ - $ - $ 1,521 $ (10) $ 1,521 $ (10) Agency guaranteed mortgage-backed securities 43,021 (429) 3,315 (58) 46,336 (487) Total $ 43,021 $ (429) $ 4,836 $ (68) $ 47,857 $ (497) Unrealized Unrealized Unrealized 2014 (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses 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 Los31

Loans, Allowance for Loan Losses and Credit Quality (Tables)	12 Months Ended
	Dec. 31, 2015
Allowance For Loan And Lease Losses Provision For Net Loss [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Below is a table that exhibits the loans by segment at December 31, 2015 and 2014. (dollars in thousands) 2015 2014 Commercial Real Estate: Acquisition, development and construction $ 2,168 $ 2,159 Non-owner occupied 58,044 51,512 Owner occupied 45,690 49,582 Commercial and industrial 34,819 24,153 Guaranteed student loans 53,847 64,870 Consumer: Residential mortgage 18,140 8,377 HELOC 10,603 11,074 Other 22,722 1,232 Total loans 246,033 212,959 Allowance for loan losses (823) (1,089) Total loans, net of allowance for loan losses $ 245,210 $ 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. Information related to these loans is as follows: At December 31, (dollars in thousands) 2015 2014 Contract principal balance $ 4,779 $ 7,178 Accretable yield (1) (42) Nonaccretable difference - (5) Carrying value of loans $ 4,778 $ 7,131
Summary Of Changes To Accretable and Non Accretable Discounts [Table Text Block]	A summary of changes to the accretable yield and nonaccretable difference during 2015 and 2014 are as follows: Accretable Nonaccretable (dollars in thousands) Yield Difference Balance at December 31, 2013 $ 62 $ 61 Charge-offs related to loss covered by ASC 310-30 - (56) Transfers - - Accretion (20) - Balance at December 31, 2014 42 5 Transfers 5 (5) Accretion (46) - Balance at December 31, 2015 $ 1 $ -
Financing Receivable Credit Quality Indicators [Table Text Block]	The following is the distribution of loans by credit quality and segment as of December 31, 2015 and 2014: December 31, 2015 (dollars in thousands) Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial and Guaranteed Residential Credit quality class Construction Occupied Occupied Industrial Student Loans Mortgage HELOC Other Total 1 Highest quality $ - $ - $ - $ - $ - $ - $ - $ - $ - 2 Above average quality - 7,772 3,285 1,876 53,847 - 1,063 396 68,239 3 Satisfactory 989 27,397 20,355 26,289 - 11,959 5,893 22,258 115,140 4 Pass 472 19,988 19,550 6,102 - 5,976 2,779 68 54,935 5 Special mention - 1,510 - 547 - 27 269 - 2,353 6 Substandard 152 - 151 5 - 41 239 - 588 7 Doubtful - - - - - - - - - 1,613 56,667 43,341 34,819 53,847 18,003 10,243 22,722 241,255 Loans acquired with deteriorated credit quality 555 1,377 2,349 - - 137 360 - 4,778 Total loans $ 2,168 $ 58,044 $ 45,690 $ 34,819 $ 53,847 $ 18,140 $ 10,603 $ 22,722 $ 246,033 December 31, 2014 (dollars in thousands) Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial and Guaranteed Residential Credit quality class Construction Occupied Occupied Industrial Student 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 deterioraed 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]	December 31, 2015 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential (dollars in thousands) Construction Occupied Occupied and Industrial Student Loans Mortgage HELOC Other Total 30 - 59 days $ - $ - $ - $ - $ 3,178 $ - $ - $ 73 $ 3,251 60 - 89 days - - - - 2,413 - - - 2,413 > 90 days 152 - 1,388 - 9,645 - - - 11,185 Total past due 152 - 1,388 - 15,236 - - 73 16,849 Current 2,016 58,044 44,302 34,819 38,611 18,140 10,603 22,649 229,184 Total loans $ 2,168 $ 58,044 $ 45,690 $ 34,819 $ 53,847 $ 18,140 $ 10,603 $ 22,722 $ 246,033 > 90 days still accruing $ - $ - $ - $ - $ 9,645 $ - $ - $ - $ 9,645 December 31, 2014 Commercial Real Estate Consumer Acq-Dev Non-owner Owner Commercial Guaranteed Residential (dollars 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 as of December 31, 2015 and 2014 are as follows: (dollars in thousands) 2015 2014 Commercial Real Estate: Acquisition, development and construction $ 152 $ 548 Non-owner occupied - Owner occupied 1,388 1,198 Commercial and industrial 5 121 Guaranteed Student Loans - - Consumer: Residential mortgage - 44 HELOC 289 310 Other - - Total loans $ 1,834 $ 2,221 Non-accrual troubled debt restructurings included above $ - $ - Non-accrual purchased credit impaired loans included above $ 1,370 $ 1,741
Impaired Financing Receivables [Table Text Block]	The following is a summary of impaired loans, excluding acquired impaired loans, presented by portfolio class as of December 31, 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 $ 152 $ 152 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied 151 152 - 156 - Commercial and industrial 5 5 - 13 - Consumer: - - Residential mortgage 41 41 - 44 3 HELOC 175 175 - 185 3 Other - - - - $ 524 $ 525 $ - $ 586 $ 6 With an allowance recorded: Commercial Real Estate: Acquisition, development and construction $ - $ - $ - $ - $ - Non-owner occupied - - - - - Owner occupied - - - - - Commercial and industrial - - - - - Consumer: Residential mortgage - - - - - HELOC 64 64 16 66 - Other - - - - - $ 64 $ 64 $ 16 $ 66 $ - Total: Commercial Real Estate: Acquisition, development and construction $ 152 $ 152 $ - $ 188 $ - Non-owner occupied - - - - - Owner occupied 151 152 - 156 - Commercial and industrial 5 5 - 13 - Consumer: - Residential mortgage 41 41 - 44 3 HELOC 239 239 16 251 3 Other - - - - - Total $ 588 $ 589 $ 16 $ 652 $ 6 The following is a summary of impaired loans, excluding acquired impaired loans, 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.
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	The number and outstanding recorded investment of loans entered into under the terms of a TDR during the years ended December 31, 2014, including modifications of acquired impaired loans, by type of concession granted, are set forth in the following table. There were no TDRs as of December 31, 2015. Pre-modification Post-modification Number of Rate Term recorded recorded 2014 (dollars in thousands) loans modification extension investment investment (1) Commercial and industrial 1 $ - $ 512 $ 512 $ 457 Commercial real estate - non-owner occupied 1 - 595 595 417 Total 2 $ - $ 1,107 $ 1,107 $ 874 (1) The period end balances are inclusive of all partial paydowns and charge-offs since the modification date. Loans modified as TDRs that were fully paid down, charged-off, or foreclosed upon by period end are not reported.
Summary Of Allowance For Loan Losses By Portfolio Segment [Table Text Block]	A summary of the allowance for loan losses by portfolio segment as of December 31, 2015 is as follows: Commercial Real Estate Consumer Acquisition, Commercial Guaranteed Development, Non-owner Owner and Student Residential (dollars in thousands) Construction occupied occupied Industrial 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) (331) - (20) (2) (589) Recoveries - 241 361 - 5 9 - 616 (Charge-offs) recoveries (127) - 241 252 (331) 5 (11) (2) 27 Provision (recovery) 70 60 (308) (497) 234 (44) (4) 196 (293) Ending balance, December 31, 2015 $ 89 $ 157 $ 82 $ 112 $ 47 $ 59 $ 61 $ 216 $ 823 Allowance for loan losses for loans Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ 16 $ - $ 16 Collectively evaluated for impairment 89 157 82 112 47 59 45 216 807 Loans acquired with deteriorated credit quality - - - - - - - - - Ending balance, December 31, 2015 $ 89 $ 157 $ 82 $ 112 $ 47 $ 59 $ 61 $ 216 $ 823 Gross loan balances Individually evaluated for impairment $ 152 $ - $ 151 $ 5 $ - $ 41 $ 239 $ - $ 588 Collectively evaluated for impairment 1,461 56,667 43,190 34,814 53,847 17,962 10,004 22,722 240,667 Loans acquired with deteriorated credit quality 555 1,377 2,349 - - 137 360 - 4,778 Ending balance, December 31, 2015 $ 2,168 $ 58,044 $ 45,690 $ 34,819 $ 53,847 $ 18,140 $ 10,603 $ 22,722 $ 246,033 A summary of the allowance for loan losses by portfolio segment as of December 31, 2014 is as follows: Commercial Real Estate Consumer Acquisition, Commercial Guaranteed Development, Non-owner Owner and Student Residential (dollars in thousands) Construction Occupied Occupied Industrial 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) - (485) (359) - - - (964) Recoveries 33 57 49 91 - 4 4 21 259 (Charge-offs) recoveries 27 (57) 49 (394) (359) 4 4 21 (705) Provision (recovery) (181) 115 (222) 374 235 (26) 52 (42) 305 Ending balance, December 31, 2014 $ 146 $ 97 $ 149 $ 357 $ 144 $ 98 $ 76 $ 22 $ 1,089 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)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	The core deposit intangible is amortized over the estimated life of the deposits using the straight-line method. A summary of the activity in this account is as follows: (dollars in thousands) Balance at December 31, 2013 $ 139 Amortization (35) Balance at December 31, 2014 $ 104 Amortization (36) Balance at December 31, 2015 $ 68

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	A summary of the cost and accumulated depreciation of premises and equipment is as follows: At December 31, (dollars in thousands) 2015 2014 Land $ 2,305 $ 1,568 Buildings and improvements 3,656 2,640 Furniture, fixtures and equipment 1,174 1,082 Leasehold improvements 369 369 Automobiles 34 34 Total premises and equipment $ 7,538 $ 5,693 Less: accumulated depreciation and amortization (1,558) (1,261) Total premises and equipment, net $ 5,980 $ 4,432
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Following is a schedule by year of future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2015. (dollars in thousands) By year ended December 31, Rent 2016 $ 101 2017 96 2018 99 2019 8 Total minimum payments required $ 304

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Advances from Federal Home Loan Banks [Abstract]
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	Detail related to FHLB advances at December 31, 2015 and 2014 is as follows: (dollars in thousands) Maturity date 2015 2014 FHLB Advance — 1.62% December 2019 $ 10,000 $ 10,000 FHLB Advance — 0.615% March 2016 10,000 10,000 FHLB Advance — 1.63% October 2018 2,500 2,500 FHLB Advance — 1.92% October 2019 2,500 2,500 FHLB Advance — 1.158% January 2018 5,000 - Total $ 30,000 $ 25,000

Related Party Transactions(Tabl

Related Party Transactions(Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Executive officers, directors and their affiliates had borrowings of $ 5.2 4.7 539 523 Related Party Borrowings at December 31, 2013 $ 1,227 New loans/advances 4,355 Repayments (882) Related Party Borrowings at December 31, 2014 4,700 New loans/advances 1,285 Repayments (745) Related Party Borrowings at December 31, 2015 $ 5,240

Time Deposits (Tables)

Time Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Time Deposits [Abstract]
Schedule Of Maturities Of Time Deposits [Table Text Block]	Remaining maturities on time deposits are as follows: (dollars in thousands) By year ended December 31, 2016 $ 81,699 2017 27,963 2018 25,356 2019 4,413 2020 14,587 Balance at December 31, 2015 $ 154,018

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2015 and 2014, are presented below: (dollars in thousands) 2015 2014 Deferred tax assets Unrealized securites losses $ 235 $ 159 Acquistion accounting adjustments 90 271 Other real estate owned 96 97 Net operating loss carryforward 6,385 6,372 Accrued vacation 26 22 Non-accrual loan interest 89 92 Bank premises and equipment 8 - Stock compensation 52 34 Other 1 2 Total deferred tax assets $ 6,982 $ 7,049 Deferred tax liabilities Allowance for loan losses $ (903) $ (804) Bank premises and equipment - (32) Total deferred tax liabilities $ (903) $ (836) Net deferred tax asset $ 6,079 $ 6,213 Less: valuation allowance (6,079) (6,213) $ - $ -
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The provision for income taxes charged to operations as of December 31, 2015 and 2014 consists of the following: (dollars in thousands) 2015 2014 Current tax expense $ - $ - Deferred tax (benefit) 210 662 Less change in valuation allowance allocable to securities (76) (17) Deferred tax (benefit) 134 645 Change in valuation allowance (134) (645) Total tax expense $ - $ -

Financial Instruments with Of38

Financial Instruments with Off-Balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	At December 31, 2015 and 2014, the following financial instruments were outstanding whose contractual amounts represent credit risk: (dollars in thousands) 2015 2014 Unused commitments and commitments to fund $ 16,133 $ 15,110 Commercial and standy letters of credit 445 535 $ 16,578 $ 15,645

Minimum Regulatory Capital Re39

Minimum Regulatory Capital Requirements and Dividend Limitations (Tables)	12 Months Ended
	Dec. 31, 2015
Minimum Regulatory Capital Requirements and Dividend Limitations [Abstract]
Minimum Regulatory Capital Requirements and Dividend Limitations [Table Text Block]	The Bank's actual capital amounts and ratios as of December 31, 2015 and 2014, are presented in the following table: Minimum To Be Well Capitalized Under Minimum Capital Prompt Corrective Actual Capital Requirement Action Provisions (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio 2015 Total capital (To risk-weighted assets) $ 28,280 13.43 % $ 16,842 8.00 % $ 21,052 10.00 % Tier 1 capital (To risk-weighted assets) $ 27,457 13.04 % $ 12,631 6.00 % $ 16,842 8.00 % Comon equity tier 1 capital* (To risk-weighted assets) $ 27,457 13.04 % $ 9,473 4.50 % $ 13,684 6.50 % Tier 1 capital (To average assets) $ 27,457 7.82 % $ 14,049 4.00 % $ 17,561 5.00 % 2014 Total capital (To risk-weighted assets) $ 27,074 15.52 % $ 13,958 8.00 % $ 17,448 10.00 % Tier 1 capital (To risk-weighted assets) $ 25,985 14.89 % $ 6,979 4.00 % $ 10,469 6.00 % Tier 1 capital (To average assets) $ 25,985 8.24 % $ 12,610 4.00 % $ 15,763 5.00 % * Common equity tier 1 capital became applicable in 2015.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Employee Benefits and 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 December 31, 2015 and 2014 and changes during the years then ended are presented in the following table: Weighted- Average Weighted- Remaining Option Average Exercise Contractual Term shares Price (Years) Outstanding at January 1, 2014 115,656 $ 7.68 8.44 Granted 31,150 4.16 - Forfeited (1,328) 6.40 - Outstanding at December 31, 2014 145,478 $ 6.94 7.88 Granted 23,600 3.86 - Forfeited (44,392) 6.28 - Outstanding at December 31, 2015 124,686 $ 6.59 7.54 Exercisable at December 31, 2015 63,567 $ 8.71 -
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 following assumptions for the year ended December 31, 2015 and 2014: 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 %
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	A summary of the status of the Company’s nonvested shares in relation to the Company’s restricted stock awards as of December 31, 2015 and 2014, and changes during the years ended December 31, 2015 and 2014 is presented below. The weighted average price is the weighted average fair value at the date of grant. Weighted Shares Average Price Nonvested as of January 1, 2014 11,700 $ 4.41 Granted 85,933 4.20 Vested 45,053 4.21 Forfeited - - Nonvested as of December 31, 2014 52,580 $ 4.23 Granted 103,880 3.96 Vested 49,000 4.05 Forfeited - - Nonvested as of December 31, 2015 107,460 $ 4.05

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The following table presents estimated fair values of the Company’s financial statements in accordance with authoritative accounting guidance: Fair Value Measurements at December 31, 2015 (dollars in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Assets: Cash and cash equivalents $ 18,460 $ 18,460 $ - $ - $ 18,460 Securities available for sale 46,220 - 46,220 - 46,220 Securities held to maturity 25,500 - 25,694 - 25,694 Restricted securities 2,355 - 2,355 - 2,355 Loans held for sale 220 220 Net Loans held for investment 245,210 - - 244,776 244,776 Interest receivable 2,085 - 2,085 - 2,085 Liabilities: Demand deposits 28,969 - 28,969 - 28,969 Savings and interest-bearing demand deposits 107,057 - 107,057 - 107,057 Time deposits 154,018 - 154,027 - 154,027 FHLB Borrowings 30,000 - 29,878 - 29,878 Interest payable 197 - 197 - 197 Fair Value Measurements at December 31, 2014 (dollars in thousands) Carrying 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 Loans held for investment 211,870 - - 213,861 213,861 Interest receivable 2,040 - 2,040 - 2,040 Liabilities: Demand deposits 29,795 - 29,795 - 29,795 Savings and interest-bearing demand deposits 84,258 - 82,258 - 82,258 Time deposits 151,550 - 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]	Quoted Prices Significant Other Significant (dollars in thousands) Balance at (Level 1) (Level 2) (Level 3) 2015 U. S. Government Agencies $ 2,139 $ - $ 2,139 $ - Agency Guaranteed Mortgage-backed securities 44,081 - 44,081 - 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 at December 31, 2015 and 2014. Quoted Prices Significant Other Significant (dollars in thousands) Balance at (Level 1) (Level 2) (Level 3) 2015 Impaired loans $ 48 $ - $ - $ 48 Other real estate owned 1,870 - - 1,870 2014 Impaired loans $ 42 $ - $ - $ 42 Other real estate owned 1,641 - - 1,641
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	The following table displays quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2015 and 2014. December 31, 2015 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Description Fair Value Valuation Technique Unobservable input Range Impaired loans $ 48 - - 0-10% Other real estate owned $ 1,870 Discounted appraised value Discount for lack of marketability 6-29% December 31, 2014 (dollars in thousands) Quantitative Information About Level 3 Fair Value Measurements Description Fair Value Valuation Technique Unobservable input Range Impaired loans $ 42 - - 0-10% Other real estate owned $ 1,641 Discounted appraised value Discount for lack of marketability 6-29%

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2015
Other Real Estate Owned [Abstract]
Other Real Estate, Roll Forward [Table Text Block]	The table below presents a summary of the activity related to other real estate owned: (dollars in thousands) 2015 2014 Beginning balance, January 1 $ 1,641 $ 1,545 Additions 634 83 Improvements 6 - Valuation adjustments (65) 13 Sales (346) - Ending balance, December 31 $ 1,870 $ 1,641 Residential real estate included in ending balance, December 31 $ 1,184 $ 1,192

Accumulated Other Comprehensi43

Accumulated Other Comprehensive (Loss) (Tables)	12 Months Ended
	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Comprehensive Income (Loss) [Table Text Block]	The changes in accumulated other comprehensive loss for years ended December 31, 2015 and 2014 are summarized as follows: (dollars in thousands) Unrealized Gain Unrealized Gain Total Balance December 31, 2013 $ (50) $ (334) $ (384) Unrealized holding losses on available for sale securities (132) - (132) Amortization of AFS to HTM reclassification adjustment - 48 48 Net current period other comprehensive income (132) 48 (84) Balance December 31, 2014 $ (182) $ (286) $ (468) Unrealized holding losses on available for sale securities (271) - (271) Amortization of AFS to HTM reclassification adjustment - 49 49 Net current period other comprehensive income (271) 49 (222) Balance December 31, 2015 $ (453) $ (237) $ (690)
Schedule Of Amounts Reclassified From Accumulated Other Comprehensive Income Loss [Table Text Block]	(in thousands) 2015 2014 Affected Line Available-for-sale securities Realized gains on sales of securities $ 133 $ 177 Net gain on sale of available-for-sale securities

Parent Company - Condensed Fi44

Parent Company - Condensed Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Cash Dividends Paid to Parent Company [Abstract]
Condensed Balance Sheet [Table Text Block]	Cordia Bancorp, Inc. owns 100.0% of the outstanding shares of the Bank of Virginia at December 31, 2015. Condensed financial statements of Cordia Bancorp, Inc. follow: Condensed Balance Sheets December 31, 2015 and 2014 (dollars in thousands) 2015 2014 Assets: Cash and due from banks $ 940 $ 1,779 Investment in Bank of Virginia 26,796 25,621 Other assets 7 11 Total assets $ 27,743 $ 27,411 Liabilities and capital: Liabilities $ 4 $ 275 Equity Common stock 65 65 Additional paid-in capital 33,191 32,956 Retained deficit (4,827) (5,417) Accumulated other comprehensive loss (690) (468) Total equity 27,739 27,136 Total liabilities and equity $ 27,743 $ 27,411
Condensed Income Statement [Table Text Block]	Condensed Statements of Operations For the years ended December 31, 2015 and 2014 (dollars in thousands) 2015 2014 Income: Equity in undistributed income of subsidiary $ 1,397 $ 323 Interest income - 1 Total income $ 1,397 $ 324 Expenses: Other expense 807 736 Total expense 807 736 Net income (loss) $ 590 $ (412)
Condensed Cash Flow Statement [Table Text Block]	Condensed Statements of Cash Flows For the years ended December 31, 2015 and 2014 (dollars in thousands) 2015 2014 Cash flows from operating activities: Net income (loss) $ 590 $ (412) Adjustments to reconcile net income (loss) to net cash used in operating activities: Equity in undistributed income of subsidiary (1,397) (323) Stock-based compensation 318 270 Net decrease in other assets 4 218 Net decrease in other liabilities (271) (760) Net cash used in operating activities (756) (1,007) Cash flows from investing activities: Investment in Bank of Virginia, net of costs - (11,500) Net cash used in investing activities - (11,500) Cash flows from financing activities: Repurchase of common stock (83) - Issuance of Common Stock, net of costs - 14,075 Net cash (used in) provided by investing activities (83) 14,075 Net increase (decrease) in cash and due from banks (839) 1,568 Cash and due from banks, beginning of period 1,779 211 Cash and due from banks, end of period $ 940 $ 1,779

Subsequent Events (Tables)

Subsequent Events (Tables)	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Schedule Of Future Minimum Rental Payments Under Renewal For Operating Leases [Table Text Block]	(dollars in thousands) By year ended December 31, Rent 2016 $ 49 2017 50 2018 51 2019 52 2020 53 Total minimum payments required under renewal $ 255

Organization and Summary of S46

Organization and Summary of Significant Accounting Policies (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net income (loss)	$ 590	$ (412)
Weighted average common shares outstanding, basic	6,572,097	4,722,556
Dilutive effect of stock options	0	0
Weighted average common shares outstanding, diluted	6,572,097	4,722,556
Basic income net (loss) per common share	$ 0.09	$ (0.09)
Diluted income (loss) per common share	$ 0.09	$ (0.09)

Organization and Summary of S47

Organization and Summary of Significant Accounting Policies (Details Textual) - USD ($)	Apr. 10, 2014	Jun. 25, 2014	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	May. 20, 2015	Mar. 29, 2013	Aug. 28, 2012	Dec. 10, 2010
Guaranteed Amount Of Student Loan Percentage			98.00%
Unguaranteed Amount Of Student Loan				$ 1,100,000	$ 1,300,000
Troubled Debt Restructuring Amount					1,300,000
Other real estate owned, net of valuation allowance				1,870,000	1,641,000
Share-based Compensation				$ 318,000	$ 270,000
Restricted Stock Shares				578,125	578,125
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount				125,000	145,000
Description Of General Allowance For Un-impaired Loans				Management applies a 45% weighting to the most recent four quarters, a 35% weighting to the next four quarters and a 20% weighting to the most distant four of the prior twelve quarters when calculating this component of the general reserve.
Finite-Lived Core Deposits, Gross				$ 68,000	$ 104,000
Proceeds from Issuance of Preferred Stock and Preference Stock					14,135,000
Percentage Of Capital Investments	100.00%			100.00%
Preferred Stock, Redemption Price Per Share		$ 7.60
Stock Repurchase Program, Authorized Amount						$ 500,000
Stock Repurchased During Period, Shares				21,200
Loans Receivable Held-for-sale, Amount				$ 220,000	$ 0
Bank Of Virginia [Member]
Equity Method Investments								$ 3,000,000	$ 10,300,000
Business Acquisition, Share Price									$ 7.60
Business Acquisition, Percentage of Voting Interests Acquired							100.00%		59.80%
Sale of Stock, Price Per Share								$ 3.60
Business Acquisition Share Issued Per Share Of Minority Share Of Acquire							0.664
Building [Member] | Minimum [Member]
Property, Plant and Equipment, Estimated Useful Lives (in years)				10
Building [Member] | Maximum [Member]
Property, Plant and Equipment, Estimated Useful Lives (in years)				30
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Estimated Useful Lives (in years)				3
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Estimated Useful Lives (in years)				10
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		A Preferred Stock mandatorily converted into 10,000 shares of Cordia’s common stock at a conversion price of $4.25 per share

Business Combination (Details)

Business Combination (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net impact to net income	$ 359	$ 291
Loans [Member]
Net impact to net income	114	225
Premises and equipment [Member]
Net impact to net income	9	8
Core Deposit Intangible [Member]
Net impact to net income	(36)	(36)
Building Lease Obligations [Member]
Net impact to net income	$ 272	$ 94

Business Combination (Details T

Business Combination (Details Textual) - USD ($) $ in Thousands	Dec. 10, 2010	Jun. 30, 2015	Dec. 31, 2015	Mar. 29, 2013
Goodwill	$ 5,900
Acquisition of Leased Property, Gains due to Reversal of Fair Value Discount		$ 225
Bank Of Virginia [Member]
Equity Method Investment, Ownership Percentage	59.80%		100.00%
Stock Issued During Period, Shares, New Issues	1,355,263
Business Acquisition Share Issued Per Share Of Minority Share Of Acquiree				0.664

Securities (Details)

Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 46,673	$ 53,665
Gross Unrealized Gains	8	22
Gross Unrealized Losses	(461)	(204)
Fair Value	46,220	53,483
U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,144	3,735
Gross Unrealized Gains	5	1
Gross Unrealized Losses	(10)	(17)
Fair Value	2,139	3,719
Agency Guaranteed Mortgage- Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	44,529	49,930
Gross Unrealized Gains	3	21
Gross Unrealized Losses	(451)	(187)
Fair Value	$ 44,081	$ 49,764

Securities (Details 1)

Securities (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Carry Value	$ 25,500	$ 20,716
Gross Unrealized Gains	230	333
Gross Unrealized Losses	(36)	(2)
Fair Value	25,694	21,047
Agency Guaranteed Mortgage- Backed Securities [Member]
Carry Value	25,500	20,716
Gross Unrealized Gains	230	333
Gross Unrealized Losses	(36)	(2)
Fair Value	$ 25,694	$ 21,047

Securities (Details 2)

Securities (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available For Sale Securities, Amortized Cost
Over one year within five years	$ 43
Over five years within ten years	2,144
Over ten years	44,486
Total	46,673
Available For Sale Securities, Fair Value
Over one year within five years	43
Over five years within ten years	2,139
Over ten years	44,038
Total	46,220	$ 53,483
Held-to-maturity Securities, Carry Value
Over five years within ten years	3,633
Over ten years	21,867
Total	25,500	20,716
Held-to-maturity Securities, Fair Value
Over five years within ten years	3,729
Over ten years	21,965
Total	$ 25,694	$ 21,047

Securities (Details 3)

Securities (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Losses on Securities Less than 12 Months Fair Value	$ 43,021	$ 43,406
Unrealized Losses on Securities Less than 12 Months Unrealized Losses	(429)	(161)
Unrealized Losses on Securities 12 Months or longer Fair Value	4,836	4,593
Unrealized Losses on Securities 12 Months or longer Unrealized Losses	(68)	(45)
Fair Value	47,857	47,999
Unrealized Losses	(497)	(206)
U.S. Government Agencies [Member]
Schedule of Held-to-maturity Securities [Line Items]
Unrealized Losses on Securities Less than 12 Months Fair Value	0	0
Unrealized Losses on Securities Less than 12 Months Unrealized Losses	0	0
Unrealized Losses on Securities 12 Months or longer Fair Value	1,521	2,689
Unrealized Losses on Securities 12 Months or longer Unrealized Losses	(10)	(17)
Fair Value	1,521	2,689
Unrealized Losses	(10)	(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	43,021	43,406
Unrealized Losses on Securities Less than 12 Months Unrealized Losses	(429)	(161)
Unrealized Losses on Securities 12 Months or longer Fair Value	3,315	1,904
Unrealized Losses on Securities 12 Months or longer Unrealized Losses	(58)	(28)
Fair Value	46,336	45,310
Unrealized Losses	$ (487)	$ (189)

Securities (Details Textual)

Securities (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Pledged Financial Instruments, Not Separately Reported, Mortgage-Related Securities Available-for-sale or Held-for-investment	$ 13,800	$ 7,800
Available-for-sale Securities, Gross Realized Gains	133	181
Available-for-sale Securities, Gross Realized Losses		4
Held-to-maturity Securities	25,500	20,716
Marketable Securities, Current, Total	71,700	74,200
Available-for-sale Securities	46,220	53,483
Proceeds from Sale of Available-for-sale Securities, Debt	19,800	23,400
Federal Home Loan Bank Advances	16,800	9,600
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Total	$ 497	$ 206

Loans, Allowance for Loan Los55

Loans, Allowance for Loan Losses and Credit Quality (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Total loans	$ 246,033	$ 212,959
Allowance for loan losses	(823)	(1,089)	$ (1,489)
Total loans, net of allowance for loan losses	245,210	211,870
Commercial and Industrial [Member]
Total loans	34,819	24,153
Allowance for loan losses	(112)	(357)	(377)
Guaranteed Student Loans [Member]
Total loans	53,847	64,870
Allowance for loan losses	(47)	(144)	(268)
Acquisition, Development, and Construction [Member] | Commercial real estate [Member]
Total loans	2,168	2,159
Allowance for loan losses	(89)	(146)	(300)
Non-Owner Occupied [Member] | Commercial real estate [Member]
Total loans	58,044	51,512
Allowance for loan losses	(157)	(97)	(39)
Owner Occupied [Member] | Commercial real estate [Member]
Total loans	45,690	49,582
Allowance for loan losses	(82)	(149)	(322)
Residential Mortgage [Member] | Consumer [Member]
Total loans	18,140	8,377
Allowance for loan losses	(59)	(98)	(120)
Home Equity Lines of Credit [Member] | Consumer [Member]
Total loans	10,603	11,074
Allowance for loan losses	(61)	(76)	(20)
Other [Member] | Consumer [Member]
Total loans	22,722	1,232
Allowance for loan losses	$ (216)	$ (22)	$ (43)

Loans, Allowance for Loan Los56

Loans, Allowance for Loan Losses and Credit Quality (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Contract principal balance	$ 4,779	$ 7,178
Accretable yield	(1)	(42)
Nonaccretable difference	0	(5)	$ (61)
Carrying value of loans	$ 4,778	$ 7,131

Loans, Allowance for Loan Los57

Loans, Allowance for Loan Losses and Credit Quality (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accretable Yield Beginning balance	$ 42	$ 62
Accretable Yield Charge-offs related to loans covered by ASC 310-30		0
Accretable Yield Transfers	5	0
Accretable Yield Accretion	(46)	(20)
Accretable Yield Ending balance	1	42
Nonaccretable Discount Beginning balance	5	61
Nonaccretable Discount Charge-offs related to loans covered by ASC 310-30		(56)
Nonaccretable Discount Transfers	(5)	0
Nonaccretable Discount Accretion	0	0
Nonaccretable Discount Ending balance	$ 0	$ 5

Loans, Allowance for Loan Los58

Loans, Allowance for Loan Losses and Credit Quality (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Loans acquired with credit quality	$ 241,255	$ 205,828
Loans acquired with deteriorated credit quality	4,778	7,131
Total loans	246,033	212,959
Highest Quality [Member]
Loans acquired with credit quality	0	0
Above Average Quality [Member]
Loans acquired with credit quality	68,239	74,518
Satisfactory [Member]
Loans acquired with credit quality	115,140	82,312
Pass [Member]
Loans acquired with credit quality	54,935	47,736
Special Mention [Member]
Loans acquired with credit quality	2,353	585
Substandard [Member]
Loans acquired with credit quality	588	677
Doubtful [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Loans acquired with credit quality	1,613	1,201
Loans acquired with deteriorated credit quality	555	958
Total loans	2,168	2,159
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	989	458
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Pass [Member]
Loans acquired with credit quality	472	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	152	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	56,667	50,057
Loans acquired with deteriorated credit quality	1,377	1,455
Total loans	58,044	51,512
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	7,772	2,225
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Satisfactory [Member]
Loans acquired with credit quality	27,397	30,473
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Pass [Member]
Loans acquired with credit quality	19,988	17,236
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Special Mention [Member]
Loans acquired with credit quality	1,510	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	43,341	46,382
Loans acquired with deteriorated credit quality	2,349	3,200
Total loans	45,690	49,582
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	3,285	2,788
Commercial Real Estate [Member] | Owner Occupied [Member] | Satisfactory [Member]
Loans acquired with credit quality	20,355	26,608
Commercial Real Estate [Member] | Owner Occupied [Member] | Pass [Member]
Loans acquired with credit quality	19,550	16,986
Commercial Real Estate [Member] | Owner Occupied [Member] | Special Mention [Member]
Loans acquired with credit quality	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Substandard [Member]
Loans acquired with credit quality	151	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	34,819	23,184
Loans acquired with deteriorated credit quality	0	969
Total loans	34,819	24,153
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	1,876	2,498
Commercial and Industrial [Member] | Satisfactory [Member]
Loans acquired with credit quality	26,289	14,883
Commercial and Industrial [Member] | Pass [Member]
Loans acquired with credit quality	6,102	5,593
Commercial and Industrial [Member] | Special Mention [Member]
Loans acquired with credit quality	547	68
Commercial and Industrial [Member] | Substandard [Member]
Loans acquired with credit quality	5	142
Commercial and Industrial [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member]
Loans acquired with credit quality	53,847	64,870
Loans acquired with deteriorated credit quality	0	0
Total loans	53,847	64,870
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	53,847	64,870
Guaranteed Student Loans [Member] | Satisfactory [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member] | Pass [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member] | Special Mention [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member] | Substandard [Member]
Loans acquired with credit quality	0	0
Guaranteed Student Loans [Member] | Doubtful [Member]
Loans acquired with credit quality	0	0
Consumer [Member] | Residential Mortgage [Member]
Loans acquired with credit quality	18,003	8,192
Loans acquired with deteriorated credit quality	137	185
Total loans	18,140	8,377
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	11,959	3,325
Consumer [Member] | Residential Mortgage [Member] | Pass [Member]
Loans acquired with credit quality	5,976	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	41	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	10,243	10,710
Loans acquired with deteriorated credit quality	360	364
Total loans	10,603	11,074
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	1,063	1,394
Consumer [Member] | Home Equity Lines of Credit [Member] | Satisfactory [Member]
Loans acquired with credit quality	5,893	6,140
Consumer [Member] | Home Equity Lines of Credit [Member] | Pass [Member]
Loans acquired with credit quality	2,779	2,589
Consumer [Member] | Home Equity Lines of Credit [Member] | Special Mention [Member]
Loans acquired with credit quality	269	319
Consumer [Member] | Home Equity Lines of Credit [Member] | Substandard [Member]
Loans acquired with credit quality	239	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	22,722	1,232
Loans acquired with deteriorated credit quality	0	0
Total loans	22,722	1,232
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	396	719
Consumer [Member] | Other [Member] | Satisfactory [Member]
Loans acquired with credit quality	22,258	425
Consumer [Member] | Other [Member] | Pass [Member]
Loans acquired with credit quality	68	88
Consumer [Member] | Other [Member] | Special Mention [Member]
Loans acquired with credit quality	0	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 Los59

Loans, Allowance for Loan Losses and Credit Quality (Details 4) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Total past due	$ 16,849	$ 19,383
Current	229,184	193,576
Total loans	246,033	212,959
> 90 days and still accruing	9,645	11,378
Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	3,251	4,029
Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	2,413	2,949
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	11,185	12,405
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Total past due	152	548
Current	2,016	1,611
Total loans	2,168	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	152	548
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Total past due	0	0
Current	58,044	51,512
Total loans	58,044	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	1,388	1,199
Current	44,302	48,383
Total loans	45,690	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	1,388	314
Commercial and Industrial [Member]
Total past due	0	121
Current	34,819	24,032
Total loans	34,819	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	0	121
Guaranteed Student Loans [Member]
Total past due	15,236	17,396
Current	38,611	47,474
Total loans	53,847	64,870
> 90 days and still accruing	9,645	11,378
Guaranteed Student Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Total past due	3,178	4,029
Guaranteed Student Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Total past due	2,413	1,989
Guaranteed Student Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Total past due	9,645	11,378
Consumer [Member] | Residential Mortgage [Member]
Total past due	0	44
Current	18,140	8,333
Total loans	18,140	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	0	44
Consumer [Member] | Home Equity Lines of Credit [Member]
Total past due	0	75
Current	10,603	10,999
Total loans	10,603	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	73	0
Current	22,649	1,232
Total loans	22,722	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	73	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 Los60

Loans, Allowance for Loan Losses and Credit Quality (Details 5) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Total non-accrual loans	$ 1,834	$ 2,221
Other [Member]
Total non-accrual loans	0	0
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	1,370	1,741
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Total non-accrual loans	152	548
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Total non-accrual loans		0
Commercial Real Estate [Member] | Owner Occupied [Member]
Total non-accrual loans	1,388	1,198
Commercial and Industrial [Member]
Total non-accrual loans	5	121
Guaranteed Student Loans [Member]
Total non-accrual loans	0	0
Consumer [Member] | Residential Mortgage [Member]
Total non-accrual loans	0	44
Consumer [Member] | Home Equity Lines of Credit [Member]
Total non-accrual loans	$ 289	$ 310

Loans, Allowance for Loan Los61

Loans, Allowance for Loan Losses and Credit Quality (Details 6) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Recorded Investment	[1]	$ 588	$ 677
Unpaid Principal	[2]	589	1,109
Related Allowance		16	143
Average Recorded Investment		652	896
Interest Recorded		6	18
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
With no related allowance recorded Recorded Investment	[1]	152	267
With no related allowance recorded Unpaid Principal	[2]	152	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]	152	267
Unpaid Principal	[2]	152	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]	151	0
With no related allowance recorded Unpaid Principal	[2]	152	0
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		156	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]	151	0
Unpaid Principal	[2]	152	0
Related Allowance		0	0
Average Recorded Investment		156	0
Interest Recorded		0	0
Commercial and Industrial [Member]
With no related allowance recorded Recorded Investment	[1]	5	32
With no related allowance recorded Unpaid Principal	[2]	5	34
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		13	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]	5	142
Unpaid Principal	[2]	5	574
Related Allowance		0	110
Average Recorded Investment		13	355
Interest Recorded		0	9
Consumer [Member]
With no related allowance recorded Recorded Investment	[1]	524	492
With no related allowance recorded Unpaid Principal	[2]	525	494
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		586	512
With no related allowance recorded Interest Recorded		6	11
With an allowance recorded Recorded Investment	[1]	64	185
With an allowance recorded Unpaid Principal	[2]	64	615
With an allowance recorded Related Allowance		16	143
With an allowance recorded Average Recorded Investment		66	384
With an allowance recorded Interest Recorded		0	7
Recorded Investment	[1]	0
Unpaid Principal	[2]	0
Related Allowance		0
Average Recorded Investment		0
Interest Recorded		0
Consumer [Member] | Residential Mortgage [Member]
With no related allowance recorded Recorded Investment	[1]	41	0
With no related allowance recorded Unpaid Principal	[2]	41	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		3	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]	41	0
Unpaid Principal	[2]	41	0
Related Allowance		0	0
Average Recorded Investment		44	0
Interest Recorded		3	0
Consumer [Member] | Home Equity Lines of Credit [Member]
With no related allowance recorded Recorded Investment	[1]	175	193
With no related allowance recorded Unpaid Principal	[2]	175	193
With no related allowance recorded Related Allowance		0	0
With no related allowance recorded Average Recorded Investment		185	197
With no related allowance recorded Interest Recorded		3	3
With an allowance recorded Recorded Investment	[1]	64	75
With an allowance recorded Unpaid Principal	[2]	64	75
With an allowance recorded Related Allowance		16	33
With an allowance recorded Average Recorded Investment		66	75
With an allowance recorded Interest Recorded		0	0
Recorded Investment	[1]	239	268
Unpaid Principal	[2]	239	268
Related Allowance		16	33
Average Recorded Investment		251	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 Average Recorded Investment			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 Los62

Loans, Allowance for Loan Losses and Credit Quality (Details 7) $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)
Number of loans	2
Rate modification	$ 0
Term extension	1,107
Pre-modification recorded investment	1,107
Post-modification recorded investment	$ 874	[1]
Commercial Real Estate [Member] | Non Owner Occupied [Member]
Number of loans	1
Rate modification	$ 0
Term extension	595
Pre-modification recorded investment	595
Post-modification recorded investment	$ 417	[1]
Commercial and Industrial [Member]
Number of loans	1
Rate modification	$ 0
Term extension	512
Pre-modification recorded investment	512
Post-modification recorded investment	$ 457	[1]
[1]	The period end balances are inclusive of all partial paydowns and charge-offs since the modification date. Loans modified as TDRs that were fully paid down, charged-off, or foreclosed upon by period end are not reported.

Loans, Allowance for Loan Los63

Loans, Allowance for Loan Losses and Credit Quality (Details 8) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Beginning balance	$ 1,089	$ 1,489
Charge-offs	(589)	(964)
Recoveries	616	259
(Charge-offs) recoveries	27	(705)
Provision (recovery)	(293)	305
Ending balance	823	1,089
Allowance for loan losses for loans
Individually evaluated for impairment			$ 16	$ 143
Collectively evaluated for impairment			807	856
Ending balance	1,089	1,089	823	1,089
Gross loan balances
Individually evaluated for impairment			588	677
Collectively evaluated for impairment			240,667	205,151
Loans acquired with deteriorated credit quality			246,033	212,959
Ending balance			246,033	212,959
Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	90
Gross loan balances
Loans acquired with deteriorated credit quality			4,778	7,131
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member]
Beginning balance	146	300
Charge-offs	(127)	(6)
Recoveries	0	33
(Charge-offs) recoveries	(127)	27
Provision (recovery)	70	(181)
Ending balance	89	146
Allowance for loan losses for loans
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			89	56
Ending balance	146	146	89	146
Gross loan balances
Individually evaluated for impairment			152	267
Collectively evaluated for impairment			1,461	934
Loans acquired with deteriorated credit quality			2,168	2,159
Ending balance			2,168	2,159
Commercial Real Estate [Member] | Acquisition, Development, and Construction [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	90
Gross loan balances
Loans acquired with deteriorated credit quality			555	958
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Beginning balance	97	39
Charge-offs	0	(114)
Recoveries		57
(Charge-offs) recoveries	0	(57)
Provision (recovery)	60	115
Ending balance	157	97
Allowance for loan losses for loans
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			157	97
Ending balance	97	97	157	97
Gross loan balances
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			56,667	50,057
Loans acquired with deteriorated credit quality			58,044	51,512
Ending balance			58,044	51,512
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			1,377	1,455
Commercial Real Estate [Member] | Owner Occupied [Member]
Beginning balance	149	322
Charge-offs	0	0
Recoveries	241	49
(Charge-offs) recoveries	241	49
Provision (recovery)	(308)	(222)
Ending balance	82	149
Allowance for loan losses for loans
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			82	149
Ending balance	149	149	82	149
Gross loan balances
Individually evaluated for impairment			151	0
Collectively evaluated for impairment			43,190	46,382
Loans acquired with deteriorated credit quality			45,690	49,582
Ending balance			45,690	49,582
Commercial Real Estate [Member] | Owner Occupied [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			2,349	3,200
Commercial and Industrial [Member]
Beginning balance	357	377
Charge-offs	(109)	(485)
Recoveries	361	91
(Charge-offs) recoveries	252	(394)
Provision (recovery)	(497)	374
Ending balance	112	357
Allowance for loan losses for loans
Individually evaluated for impairment			0	110
Collectively evaluated for impairment			112	247
Ending balance	357	357	112	357
Gross loan balances
Individually evaluated for impairment			5	142
Collectively evaluated for impairment			34,814	23,042
Loans acquired with deteriorated credit quality			34,819	24,153
Ending balance			34,819	24,153
Commercial and Industrial [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			0	969
Guaranteed Student Loans [Member]
Beginning balance	144	268
Charge-offs	(331)	(359)
Recoveries	0	0
(Charge-offs) recoveries	(331)	(359)
Provision (recovery)	234	235
Ending balance	47	144
Allowance for loan losses for loans
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			47	144
Ending balance	144	144	47	144
Gross loan balances
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			53,847	64,870
Loans acquired with deteriorated credit quality			53,847	64,870
Ending balance			53,847	64,870
Guaranteed Student Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			0	0
Consumer [Member] | Residential Mortgage [Member]
Beginning balance	98	120
Charge-offs	0	0
Recoveries	5	4
(Charge-offs) recoveries	5	4
Provision (recovery)	(44)	(26)
Ending balance	59	98
Allowance for loan losses for loans
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			59	98
Ending balance	98	98	59	98
Gross loan balances
Individually evaluated for impairment			41	0
Collectively evaluated for impairment			17,962	8,192
Loans acquired with deteriorated credit quality			18,140	8,377
Ending balance			18,140	8,377
Consumer [Member] | Residential Mortgage [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			137	185
Consumer [Member] | Home Equity Lines of Credit [Member]
Beginning balance	76	20
Charge-offs	(20)	0
Recoveries	9	4
(Charge-offs) recoveries	(11)	4
Provision (recovery)	(4)	52
Ending balance	61	76
Allowance for loan losses for loans
Individually evaluated for impairment			16	33
Collectively evaluated for impairment			45	43
Ending balance	76	76	61	76
Gross loan balances
Individually evaluated for impairment			239	268
Collectively evaluated for impairment			10,004	10,442
Loans acquired with deteriorated credit quality			10,603	11,074
Ending balance			10,603	11,074
Consumer [Member] | Home Equity Lines of Credit [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			360	364
Consumer [Member] | Other Credit Derivatives [Member]
Beginning balance	22	43
Charge-offs	(2)	0
Recoveries	0	21
(Charge-offs) recoveries	(2)	21
Provision (recovery)	196	(42)
Ending balance	216	22
Allowance for loan losses for loans
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			216	22
Ending balance	$ 22	$ 22	216	22
Gross loan balances
Individually evaluated for impairment			0	0
Collectively evaluated for impairment			22,722	1,232
Loans acquired with deteriorated credit quality			22,722	1,232
Ending balance			22,722	1,232
Consumer [Member] | Other Credit Derivatives [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses for loans
Loans acquired with deteriorated credit quality			0	0
Gross loan balances
Loans acquired with deteriorated credit quality			$ 0	$ 0

Loans, Allowance for Loan Los64

Loans, Allowance for Loan Losses and Credit Quality (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Modifications, Recorded Investment		$ 1,300
Percentage Of Principal And Interest On Guaranteed Student Loans	98.00%
Loans Receivable Accruing Troubled Debt Restructured Loans		1,300
Deferred Loan Costs, Net	$ 1,700	1,200
Purchased Performing Loans	$ 6,900	9,000
Percentage Of Principal And Interest Non Guaranteed Student Loans	2.00%
Guaranteed Student Loans [Member]
Loan Premiums	$ 827	$ 931

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Beginning Balance	$ 104	$ 139
Amortization	(36)	(35)
Ending Balance	$ 68	$ 104

Intangible Assets (Details Text

Intangible Assets (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Finite-lived Intangible Assets Acquired	$ 249
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	35
Finite-Lived Intangible Assets, Amortization Expense, Year Two	$ 33

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Total premises and equipment	$ 7,538	$ 5,693
Less: accumulated depreciation and amortization	(1,558)	(1,261)
Total premises and equipment, net	5,980	4,432
Land
Property, Plant and Equipment [Line Items]
Total premises and equipment	2,305	1,568
Buildings and improvements
Property, Plant and Equipment [Line Items]
Total premises and equipment	3,656	2,640
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total premises and equipment	1,174	1,082
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total premises and equipment	369	369
Automobiles
Property, Plant and Equipment [Line Items]
Total premises and equipment	$ 34	$ 34

Premises and Equipment (Detai68

Premises and Equipment (Details 1) $ in Thousands	Dec. 31, 2015USD ($)
Property, Plant and Equipment [Line Items]
2,016	$ 101
2,017	96
2,018	99
2,019	8
Total minimum payments required	$ 304

Premises and Equipment (Detai69

Premises and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Business Combination, Contingent Consideration, Liability	$ 822
Operating Leases, Rent Expense, Net, Total	17	$ 227
Depreciation	$ 306	$ 294

Borrowings (Details)

Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
FHLB Advance	$ 30,000	$ 25,000
Federal Home Loan Bank Advances [Member]
FHLB Advance	$ 10,000	10,000
Maturity date	2,019
Federal Home Loan Bank Advances Two [Member]
FHLB Advance	$ 10,000	10,000
Maturity date	2,016
Federal Home Loan Bank Advances Three [Member]
FHLB Advance	$ 2,500	2,500
Maturity date	2,018
Federal Home Loan Bank Advances Four [Member]
FHLB Advance	$ 2,500	2,500
Maturity date	2,019
Federal Home Loan Bank Advances Five [Member]
FHLB Advance	$ 5,000	$ 0
Maturity date	2,018

Borrowings (Details Textual)

Borrowings (Details Textual) $ in Millions	Dec. 31, 2015USD ($)
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds	$ 14.1
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	$ 39.7
Federal Home Loan Bank Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	1.62%
Federal Home Loan Bank Advances Two [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	0.615%
Federal Home Loan Bank Advances Three [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	1.63%
Federal Home Loan Bank Advances Four [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	1.92%
Federal Home Loan Bank Advances Five [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	1.158%
Unsecured Line Of Credit [Member]
Line of Credit Facility, Amount Outstanding	$ 4.5

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Related Party Borrowings at Beginning Balance	$ 4,700	$ 1,227
New loans/advances	1,285	4,355
Repayments	(745)	(882)
Related Party Borrowings at Ending Balance	$ 5,240	$ 4,700

Related Party Transactions (D73

Related Party Transactions (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transactions [Line Items]
Due from Related Parties	$ 5,240	$ 4,700	$ 1,227
Deposits, Total	290,044	265,603
Unfunded Commitments [Member]
Related Party Transactions [Line Items]
Due from Related Parties	539	523
Cheif Executive Officers, Directors And Their Affiliates [Member]
Related Party Transactions [Line Items]
Due from Related Parties	5,200	4,700
Deposits, Total	$ 2,600	$ 2,900

Time Deposits (Details)

Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
2,016	$ 81,699
2,017	27,963
2,018	25,356
2,019	4,413
2,020	14,587
Balance at December 31, 2015	$ 154,018	$ 151,550

Time Deposits (Details Textual)

Time Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Time Deposits, $250,000 or More, Total	$ 13.7	$ 9.7
Interest-bearing Domestic Deposit, Brokered	$ 35.2	$ 35.8

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets
Unrealized securites losses	$ 235	$ 159
Acquistion accounting adjustments	90	271
Other real estate owned	96	97
Net operating loss carryforward	6,385	6,372
Accrued vacation	26	22
Non-accrual loan interest	89	92
Bank premises and equipment	8	0
Stock compensation	52	34
Other	1	2
Total deferred tax assets	6,982	7,049
Deferred tax liabilities
Allowance for loan losses	(903)	(804)
Bank premises and equipment	0	(32)
Total deferred tax liabilities	(903)	(836)
Net deferred tax asset	6,079	6,213
Less: valuation allowance	(6,079)	(6,213)
Deferred Tax Assets, Net of Valuation Allowance, Total	$ 0	$ 0

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Current tax expense	$ 0	$ 0
Deferred tax (benefit)	210	662
Less change in valuation allowance allocable to securities	(76)	(17)
Deferred tax (benefit)	134	645
Change in valuation allowance	(134)	(645)
Total tax expense	$ 0	$ 0

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Operating Loss Carryforwards	$ 18,700	$ 254
Deferred Tax Assets Reserve Valuation Allowance	$ 6,100

Financial Instruments with Of79

Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	$ 16,578	$ 15,645
Unused Commitments And Commitments To Fund [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	16,133	15,110
Commercial And Standby Letters Of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	$ 445	$ 535

Financial Instruments with Of80

Financial Instruments with Off-Balance Sheet Risk (Details Textual) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Cash, Uninsured Amount	$ 10.6	$ 6

Minimum Regulatory Capital Re81

Minimum Regulatory Capital Requirements and Dividend Limitations (Details) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Minimum Regulatory Capital Requirements And Dividend Limitations [Line Items]
Capital To Risk Weighted Assets, Actual Capital, Ratio		13.43%	15.52%
Tier One Capital To Risk Weighted Assets, Actual Capital, Ratio		13.04%	14.89%
Common Equity Tier One Capital To Risk Weighted Assets, Actual Capital, Ratio	[1]	13.04%
Tier One Capital To Risk Average Assets, Actual Capital, Ratio		7.82%	8.24%
Capital To Risk Weighted Assets, Minimum Capital Requirement, Ratio		8.00%	8.00%
Tier One Capital To Risk Weighted Assets, Minimum Capital Requirement, Ratio		6.00%	4.00%
Common Equity Tier One Capital To Risk Weighted Assets, Minimum Capital Requirement, Ratio	[1]	4.50%
Tier One Capital To Risk Average Assets, Minimum Capital Requirement, Ratio		4.00%	4.00%
Capital To Risk Weighted Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Ratio		10.00%	10.00%
Tier One Capital To Risk Weighted Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Ratio		8.00%	6.00%
Common Equity Tier One Capital To Risk Weighted Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Ratio	[1]	6.50%
Tier One Capital To Risk Average Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Ratio		5.00%	5.00%
Capital To Risk Weighted Assets, Actual Capital, Amount		$ 28,280	$ 27,074
Tier One Capital To Risk Weighted Assets, Actual Capital, Amount		27,457	25,985
Common Equity Tier One Capital To Risk Weighted Assets, Actual Capital, Amount	[1]	27,457
Tier One Capital To Risk Average Assets, Actual Capital, Amount		27,457	25,985
Capital To Risk Weighted Assets, Minimum Capital Requirement, Amount		16,842	13,958
Tier One Capital To Risk Weighted Assets, Minimum Capital Requirement, Amount		12,631	6,979
Common Equity Tier One Capital To Risk Weighted Assets, Minimum Capital Requirement, Amount	[1]	9,473
Tier One Capital To Risk Average Assets, Minimum Capital Requirement, Amount		14,049	12,610
Capital To Risk Weighted Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Amount		21,052	17,448
Tier One Capital To Risk Weighted Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Amount		16,842	10,469
Common Equity Tier One Capital To Risk Weighted Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Amount	[1]	13,684
Tier One Capital To Risk Average Assets, Minimum To Be Well Capitalized Under Prompt Corrective Action, Amount		$ 17,561	$ 15,763
[1]	Common equity tier 1 capital became applicable in 2015.

Minimum Regulatory Capital Re82

Minimum Regulatory Capital Requirements and Dividend Limitations (Details Textual)	12 Months Ended
	Dec. 31, 2015USD ($)
Minimum Regulatory Capital Requirements And Dividend Limitations [Line Items]
Description of Regulatory Requirements, Capital Adequacy Purposes	Because total assets on a consolidated basis are less than $500,000,000, the Company is not subject to the consolidated capital requirements imposed by the Bank Holding Company Act. Consequently, the Company is not required to calculate its capital ratios on a consolidated basis.
Minimum Total Assets Required For Applicability Of Capital Adequacy Requirements	$ 500,000,000

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Option shares
Stock Options Outstanding, Beginning Balance	145,478	115,656
Granted	23,600	31,150
Forfeited	(44,392)	(1,328)
Stock Options Outstanding, Ending Balance	124,686	145,478	115,656
Exercisable at December 31, 2015	63,567
Weighted- Average Exercise Price
Weighted Average Exercise Price Outstanding, Beginning balance	$ 6.94	$ 7.68
Granted	3.86	4.16
Forfeited	6.28	6.40
Weighted Average Exercise Price Outstanding, Ending Balance	6.59	$ 6.94	$ 7.68
Exercisable at December 31, 2015	$ 8.71
Weighted- Average Remaining Contractual Term (Years)
Weighted Average Remaining Contractual Life, Outstanding	7 years 6 months 14 days	7 years 10 months 17 days	8 years 5 months 8 days
Exercisable at December 31, 2015	0 years

Employee Benefit Plans (Detai84

Employee Benefit Plans (Details 1)	12 Months Ended
	Dec. 31, 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%

Employee Benefit Plans (Detai85

Employee Benefit Plans (Details 2) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Nonvested, Number, Beginning Balance	52,580	11,700
Granted	103,880	85,933
Vested	49,000	45,053
Forfeited	0	0
Nonvested, Number, Ending Balance	107,460	52,580
Nonvested, Number,Weighted Average Price Beginning Balance	$ 4.23	$ 4.41
Granted	3.96	4.20
Vested	4.05	4.21
Forfeited	0	0
Nonvested, Number,Weighted Average Price Ending Balance	$ 4.05	$ 4.23

Employee Benefit Plans (Detai86

Employee Benefit Plans (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Deferred Compensation Arrangement with Individual, Compensation Expense		$ 60
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 1.38	$ 1.50
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 58
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	3 years 9 months 29 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	23,600	31,150
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 372
Share-based Compensation, Total	318	$ 270
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding	$ 411	$ 361
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 3.96
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	103,880	85,933
Non Executive Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	2,278	2,300
Founding Investors Of Cordia [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	578,125
Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		66,000
Two Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	40,000
New President and CEO of BVA [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	3,378
2005 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	26,560
2011 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	592,765
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	23,600	31,150
Share-based Compensation Arrangement by Share-based Payment Award, Options, Other Increases (Decreases) in Period	800,000
Outside Plan Prior To Merger In March 2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	20,000
September 2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	10,000
September 2013 [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	12,500

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets:
Cash and cash equivalents	$ 18,460	$ 21,840	$ 13,984
Securities available for sale	46,220	53,483
Securities held to maturity	25,500	20,716
Interest receivable	2,085	2,040
Liabilities:
Demand deposits	28,969	29,795
Savings and interest-bearing demand deposits	107,057	84,258
Time deposits	154,018	151,550
FHLB Borrowings	30,000	25,000
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and cash equivalents	18,460	21,847
Securities available for sale	0	0
Securities held to maturity	0	0
Restricted securities	0	0
Net Loans held for investment	0	0
Interest receivable	0	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	46,220	53,483
Securities held to maturity	25,694	21,047
Restricted securities	2,355	2,092
Loans held for sale	220
Net Loans held for investment	0	0
Interest receivable	2,085	2,040
Liabilities:
Demand deposits	28,969	29,795
Savings and interest-bearing demand deposits	107,057	82,258
Time deposits	154,027	152,179
FHLB Borrowings	29,878	24,753
Interest payable	197	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
Net Loans held for investment	244,776	213,861
Interest receivable	0	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 [Member]
Assets:
Cash and cash equivalents	18,460	21,847
Securities available for sale	46,220	53,483
Securities held to maturity	25,694	21,047
Restricted securities	2,355	2,092
Net Loans held for investment	244,776	213,861
Interest receivable	2,085	2,040
Liabilities:
Demand deposits	28,969	29,795
Savings and interest-bearing demand deposits	107,057	82,258
Time deposits	154,027	152,179
FHLB Borrowings	29,878	24,753
Interest payable	197	161
Carrying Amount [Member]
Assets:
Cash and cash equivalents	18,460	21,847
Securities available for sale	46,220	53,483
Securities held to maturity	25,500	20,716
Restricted securities	2,355	2,092
Loans held for sale	220
Net Loans held for investment	245,210	211,870
Interest receivable	2,085	2,040
Liabilities:
Demand deposits	28,969	29,795
Savings and interest-bearing demand deposits	107,057	84,258
Time deposits	154,018	151,550
FHLB Borrowings	30,000	25,000
Interest payable	$ 197	$ 161

Fair Value Measurements (Deta88

Fair Value Measurements (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
U.S. Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	$ 2,139	$ 3,719
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	0	0
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	2,139	3,719
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	0	0
Agency Guaranteed Mortgage- Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	44,081	49,764
Agency Guaranteed Mortgage- Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	0	0
Agency Guaranteed Mortgage- Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	44,081	49,764
Agency Guaranteed Mortgage- Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	$ 0	$ 0

Fair Value Measurements (Deta89

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value Measurements [Line Items]
Impaired loans	$ 48	$ 42
Other real estate owned	1,870	1,641	$ 1,545
Fair Value, Inputs, Level 1 [Member]
Fair Value Measurements [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value Measurements [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value Measurements [Line Items]
Impaired loans	48	42
Other real estate owned	$ 1,870	$ 1,641

Fair Value Measurements (Deta90

Fair Value Measurements (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 1,870	$ 1,641
Valuation Technique	Discounted appraised value	Discounted appraised value
Unobservable Input	Discount for lack of marketability	Discount for lack of marketability
Impaired Loan [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 48	$ 42
Valuation Technique	-	-
Unobservable Input	-	-
Minimum [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range	6.00%	6.00%
Minimum [Member] | Impaired Loan [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range	0.00%	0.00%
Maximum [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range	29.00%	29.00%
Maximum [Member] | Impaired Loan [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range	10.00%	10.00%

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Real Estate Owned [Line Items]
Beginning balance, January 1	$ 1,641	$ 1,545
Additions	634	83
Improvements	6	0
Valuation adjustments	(65)	13
Sales	(346)	0
Ending balance, December 31	1,870	1,641
Residential Real Estate [Member]
Other Real Estate Owned [Line Items]
Beginning balance, January 1	1,192
Ending balance, December 31	$ 1,184	$ 1,192

Other Real Estate Owned (Deta92

Other Real Estate Owned (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Real Estate Owned [Line Items]
Other Revenue (Expense) from Real Estate Operations	$ 21	$ 0
Other Expense from Real Estate Partnership Operations	$ 90	$ 46

Accumulated Other Comprehensi93

Accumulated Other Comprehensive (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (468)	$ (384)
Unrealized holding losses on available for sale securities	(271)	(132)
Amortization of AFS to HTM reclassification adjustment	49	48
Net current period other comprehensive income	(222)	(84)
Ending balance	(690)	(468)
Unrealized Gain (Loss) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(182)	(50)
Unrealized holding losses on available for sale securities	(271)	(132)
Amortization of AFS to HTM reclassification adjustment	0	0
Net current period other comprehensive income	(271)	(132)
Ending balance	(453)	(182)
Unrealized Gain (Loss) on Held-to-Maturity Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(286)	(334)
Unrealized holding losses on available for sale securities	0	0
Amortization of AFS to HTM reclassification adjustment	49	48
Net current period other comprehensive income	49	48
Ending balance	$ (237)	$ (286)

Accumulated Other Comprehensi94

Accumulated Other Comprehensive (Loss) (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Realized gains on sales of securities	$ 133	$ 177
Net gain on sale of available-for-sale securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Realized gains on sales of securities	$ 133	$ 177

Preferred Stock Issuance and 95

Preferred Stock Issuance and Conversion (Details Textual) - USD ($)	Apr. 10, 2014	Jun. 25, 2014	Dec. 31, 2014	Dec. 31, 2015
Preferred Stock Issuance And Conversion [Line Items]
Proceeds from Issuance of Preferred Stock and Preference Stock			$ 14,135,000
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			5,103,669	5,186,349
Percentage Of Capital Investments	100.00%			100.00%
Non-Voting [Member]
Preferred Stock Issuance And Conversion [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion	363
Sale Of Stock, Price Per Share	$ 0.01
Common Stock, Shares Authorized				5,000,000
Common Stock, Par or Stated Value Per Share				$ 0.01
Common Stock, Shares, Outstanding				1,400,437
Stock Issued During Period, Shares, New Issues		1,400,437
Voting [Member]
Preferred Stock Issuance And Conversion [Line Items]
Stock Issued During Period, Shares, New Issues		2,229,434
Redeemable Convertible Preferred Stock [Member]
Preferred Stock Issuance And Conversion [Line Items]
Purchase Price Of Convertible Preferred Stock	$ 42,500
Proceeds from Issuance of Preferred Stock and Preference Stock	$ 15,400,000
Series A Preferred Stock [Member]
Preferred Stock Issuance And Conversion [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion		3,629,871
Convertible Preferred Stock, Terms of Conversion		A Preferred Stock mandatorily converted into 10,000 shares of Cordia’s common stock at a conversion price of $4.25 per share

Parent Company - Condensed Fi96

Parent Company - Condensed Financial Statements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets:
Cash and due from banks	$ 6,135	$ 5,477
Other assets	590	486
Total assets	348,490	318,600
Liabilities and capital:
Liabilities	320,751	291,464
Equity
Common stock	51	51
Additional paid-in capital	33,191	32,956
Retained deficit	(4,827)	(5,417)
Accumulated other comprehensive loss	(690)	(468)
Total liabilities and equity	348,490	318,600
Parent Company [Member]
Assets:
Cash and due from banks	940	1,779	$ 211
Investment in Bank of Virginia	26,796	25,621
Other assets	7	11
Total assets	27,743	27,411
Liabilities and capital:
Liabilities	4	275
Equity
Common stock	65	65
Additional paid-in capital	33,191	32,956
Retained deficit	(4,827)	(5,417)
Accumulated other comprehensive loss	(690)	(468)
Total equity	27,739	27,136
Total liabilities and equity	$ 27,743	$ 27,411

Parent Company - Condensed Fi97

Parent Company - Condensed Financial Statements (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income:
Interest income	$ 10,841	$ 10,217
Expenses:
Net income (loss)	590	(412)
Parent Company [Member]
Income:
Equity in undistributed income of subsidiary	1,397	323
Interest income	0	1
Total income	1,397	324
Expenses:
Other expense	807	736
Total expense	807	736
Net income (loss)	$ 590	$ (412)

Parent Company - Condensed Fi98

Parent Company - Condensed Financial Statements (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income (loss)	$ 590	$ (412)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Stock-based compensation	318	270
Cash flows from financing activities:
Repurchase of common stock	(83)	0
Issuance of Common Stock, net of costs	0	14,075
Net increase (decrease) in cash and due from banks	2,468	24,722
Cash and due from banks, beginning of period	5,477
Cash and due from banks, end of period	6,135	5,477
Parent Company [Member]
Cash flows from operating activities:
Net income (loss)	590	(412)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Equity in undistributed income of subsidiary	(1,397)	(323)
Stock-based compensation	318	270
Net decrease in other assets	4	218
Net decrease in other liabilities	(271)	(760)
Net cash used in operating activities	(756)	(1,007)
Cash flows from investing activities:
Investment in Bank of Virginia, net of costs	0	(11,500)
Net cash used in investing activities	0	(11,500)
Cash flows from financing activities:
Repurchase of common stock	(83)	0
Issuance of Common Stock, net of costs	0	14,075
Net cash (used in) provided by investing activities	(83)	14,075
Net increase (decrease) in cash and due from banks	(839)	1,568
Cash and due from banks, beginning of period	1,779	211
Cash and due from banks, end of period	$ 940	$ 1,779

Parent Company - Condensed Fi99

Parent Company - Condensed Financial Statements (Details Textual)	Dec. 31, 2015	Dec. 10, 2010
Bank Of Virginia [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	100.00%	59.80%

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	Feb. 29, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
2,016		$ 101
2,017		96
2,018		99
2,019		8
Total minimum payments required under renewal		$ 304
Subsequent Event [Member]
Subsequent Event [Line Items]
2,016	$ 49
2,017	50
2,018	51
2,019	52
2,020	53
Total minimum payments required under renewal	$ 255

Subsequent Events (Details Text

Subsequent Events (Details Textual) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Increase (Decrease) in Other Operating Assets, Total		$ 140
Subsequent Event [Member] | Equity Awards [Member]
Subsequent Event [Line Items]
Increase (Decrease) in Other Operating Assets, Total	$ 740
CordiaGrad [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Gain (Loss) on Disposition of Business	$ 1,600