Virginia National Bankshares (VABK) 10-K 30 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 14, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Entity Registrant Name	Virginia National Bankshares Corp
Entity Central Index Key	1,572,334
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		2,358,777
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 46,984,807

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 14,200	$ 12,834
Federal funds sold	29,327	41,273
Securities:
Available for sale, at fair value	74,801	141,816
Restricted securities, at cost	1,681	1,565
Total securities	76,482	143,381
Total loans	423,664	313,254
Allowance for loan losses	(3,567)	(3,164)
Total loans, net	420,097	310,090
Premises and equipment, net	$ 8,668	9,465
Other real estate owned, net of valuation allowance		1,177
Bank owned life insurance	$ 13,476	13,034
Accrued interest receivable and other assets	5,241	5,799
Total assets	567,491	537,053
Demand deposits:
Noninterest-bearing	184,574	152,107
Interest-bearing	90,100	93,208
Money market deposit accounts	103,175	94,310
Certificates of deposit and other time deposits	108,618	117,094
Total deposits	486,467	456,719
Securities sold under agreements to repurchase	23,156	17,995
Accrued interest payable and other liabilities	1,571	1,707
Total liabilities	$ 511,194	$ 476,421
Commitments and Contingencies
Shareholders' equity:
Preferred stock, $2.50 par value, 2,000,000 shares authorized, no shares outstanding
Common stock, $2.50 par value, 10,000,000 shares authorized; 2,412,589 and 2,688,336 shares issued and outstanding in 2015 and 2014, respectively	$ 6,031	$ 6,721
Capital surplus	22,214	27,889
Retained earnings	28,170	25,978
Accumulated other comprehensive income (loss)	(118)	44
Total shareholders' equity	56,297	60,632
Total liabilities and shareholders' equity	$ 567,491	$ 537,053

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED BALANCE SHEETS [Abstract]
Preferred stock, par value per share	$ 2.50	$ 2.50
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares outstanding
Common stock, par value per share	$ 2.50	$ 2.50
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,412,589	2,688,336
Common stock, shares outstanding	2,412,589	2,688,336

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest and dividend income:
Loans, including fees	$ 14,754	$ 12,548
Federal funds sold	58	90
Investment securities:
Taxable	1,931	2,165
Tax exempt	435	477
Dividends	83	83
Other	21	19
Total interest and dividend income	17,282	15,382
Interest expense:
Demand and savings deposits	251	205
Certificates and other time deposits	674	686
Federal funds purchased and securities sold under agreements to repurchase	49	37
Total interest expense	974	928
Net interest income	16,308	14,454
Provision for loan losses	463	306
Net interest income after provision for loan losses	15,845	14,148
Noninterest income:
Trust income	1,710	2,367
Customer service fees	956	894
Debit/credit card and ATM fees	825	742
Earnings/increase in value of bank owned life insurance	$ 442	439
Gains on sales of assets		44
Gains on sales of securities	$ 104	24
Royalty income	140	593
Fees on mortgage sales	217	76
Other	477	418
Total noninterest income	4,871	5,597
Noninterest expense:
Salaries and employee benefits	8,869	9,305
Net occupancy	1,940	1,954
Equipment	550	531
Other	5,039	5,601
Total noninterest expense	16,398	17,391
Income before income taxes	4,318	2,354
Provision for income taxes	1,197	456
Net income	$ 3,121	$ 1,898
Net income per common share, basic	$ 1.23	$ 0.70
Net income per common share, diluted	$ 1.23	$ 0.70

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]
Net income	$ 3,121	$ 1,898
Other comprehensive income (loss)
Unrealized gains (losses) on securities, net of tax of ($48) and $769	(93)	1,491
Reclassification adjustment for realized gains on sales of securities, net of tax of ($35) and ($8)	(69)	(16)
Total other comprehensive (loss) income	(162)	1,475
Total comprehensive income	$ 2,959	$ 3,373

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]
Unrealized gain on available-for-sale securities, tax	$ (48)	$ 769
Reclassification adjustment for realized gains on sales of securities, tax	$ (35)	$ (8)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2013	$ 58,031	$ 6,725	$ 27,915	$ 24,822	$ (1,431)
Stock options exercised or expired	$ 180	24	156
Vested stock grants		1	(1)
Stock purchased under stock repurchase plan	$ (262)	$ (29)	(233)
Stock option/grant expense	52		$ 52
Cash dividend ($0.275 and $0.375 per share for 2014 and 2015 respectively)	(742)			$ (742)
Net income	1,898			$ 1,898
Other comprehensive income (loss)	1,475				$ 1,475
Balance at Dec. 31, 2014	60,632	$ 6,721	$ 27,889	$ 25,978	$ 44
Stock options exercised or expired	22	$ 3	19
Deferred tax adjustment for stock options expired	(75)		(75)
Stock purchased under stock repurchase plan	(6,342)	$ (693)	(5,649)
Stock option/grant expense	30		$ 30
Cash dividend ($0.275 and $0.375 per share for 2014 and 2015 respectively)	(929)			$ (929)
Net income	3,121			$ 3,121
Other comprehensive income (loss)	(162)				$ (162)
Balance at Dec. 31, 2015	$ 56,297	$ 6,031	$ 22,214	$ 28,170	$ (118)

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY [Abstract]
Cash dividend, per share	$ 0.375	$ 0.275

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	$ 3,121	$ 1,898
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	463	306
Net amortization and accretion of securities	723	739
Gains on sales of securities	(104)	(24)
Earnings/increase in value of bank owned life insurance	(442)	(439)
Depreciation and amortization	$ 1,164	1,151
Net gain on sale of assets		(44)
Deferred tax expense (benefit)	$ 373	(61)
Stock option/stock grant expense	30	52
Writedown of other real estate owned	$ 192	277
Losses on sale of other real estate owned		27
Decrease in accrued interest receivable and other assets	$ 194	10,330
Decrease in accrued interest payable and other liabilities	(174)	(6,567)
Net cash provided by operating activities	5,540	7,645
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(26,770)	(44,278)
Net (increase) decrease in restricted investments	(116)	80
Proceeds from maturities, calls and principal payments of available for sale securities	46,461	29,512
Proceeds from sale of available for sale securities	46,459	7,498
Net (increase) decrease in organic loans	(65,977)	849
Net increase in purchased loans	(44,493)	(14,815)
Proceeds from sale of other real estate owned	$ 985	1,135
Proceeds from sale of bank premises and equipment		11
Purchase of bank premises and equipment	$ (367)	(803)
Net cash used in investing activities	(43,818)	(20,811)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand deposits, NOW accounts, and money market accounts	38,224	33,327
Net decrease in certificates of deposit and other time deposits	(8,476)	(7,068)
Net increase in securities sold under agreements to repurchase	5,161	1,698
Common stock repurchased	(6,342)	(262)
Proceeds from stock options exercised	22	180
Cash dividends	(891)	(674)
Net cash provided by financing activities	27,698	27,201
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(10,580)	14,035
CASH AND CASH EQUIVALENTS:
Beginning of period	54,107	40,072
End of period	43,527	54,107
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash payments for interest	985	936
Cash payments for taxes	904	2,488
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Unrealized gain (loss) on available for sale securities	$ (246)	2,236
Transfer of loans to other real estate owned		$ 244

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 – Summary of Significant Accounting Policies: Organization Virginia National Bankshares Corporation (the “Company”) is a bank holding company incorporated under the laws of the Commonwealth of Virginia. The Company is authorized to issue 10,000,000 2.50 2,000,000 2.50 On September 22, 2014, the Company announced the approval by its Board of Directors of a stock repurchase program authorizing r e 400,000 Virginia National Bank (the “Bank”) is a wholly-owned subsidiary of the bank holding company and was organized in 1998 under federal law as a national banking association to engage in a general commercial and retail banking business. The Bank is headquartered in Charlottesville, Virginia and primarily serves the Virginia communities in and around the City of Charlottesville, Albemarle County, Orange County, Fauquier County, the City of Winchester and Frederick County. As a national bank, the Bank is subject to the supervision, examination and regulation of the Office of the Comptroller of the Currency (“OCC”). On May 1, 2007, the OCC granted conditional approval to the Bank's application to establish a new national trust bank with the title VNBTrust, National Association which now trades under the name VNB Wealth Management (“VNBTrust”, “VNB Wealth” or “VNB Wealth Management”). Sale Agreement with SRCM Holdings LLC and Acquisition Royalty Payments Due to VNBTrust In 2007 when VNBTrust was established, the OCC also approved the Bank's application for VNBTrust to create a wholly owned operating subsidiary, VNB Investment Management Company, LLC, a Delaware limited liability corporation. In January, 2010, VNB Investment Management Company changed its name to Swift Run Capital Management, LLC (“SRCM”). SRCM served as the general partner of Swift Run Capital, L.P. (the “Fund), a private investment fund. On July 18, 2013 (the “Closing Date”), VNBTrust completed the sale of all of the membership interests of SRCM to SRCM Holdings LLC (“SRCM Holdings”) pursuant to a purchase and sale agreement dated June 27, 2013 (the SRCM “Sale Agreement”). ten 20 20 20 302,000 Subsequent Event On February 1, 2016 (the “Effective Date”), VNB Wealth purchased a book of business, including interest in the client relationships, (”Purchased Relationships”), from a current officer (the "Seller") of VNB Wealth pursuant to an employment and asset purchase agreement (the ”Purchase Agreement”). Prior to becoming an employee of VNB Wealth and until the Effective Date of the sale, the Seller provided services to these Purchased Relationships as a sole proprietor. As of January 15, 2016, the fair market value of the Purchased Relationships totaled $ 31.5 The purchase price of $ 1.2 five Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America and to the reporting guidelines prescribed by regulatory authorities. The following is a description of the more significant of those policies and practices. Principles of consolidation – Use of estimates – Cash flow reporting – Securities sold under agreements to repurchase – Securities – • Securities held to maturity – • Securities available for sale – Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities or to “call” dates, whichever occurs first. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. 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, the Company 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. Restricted securities – Loans – Allowance for loan losses – Transfers of financial assets – Premises and equipment – 3 20 Other real estate owned – Assets acquired through, or in lieu of, loan foreclosures are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management, and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in noninterest expense as net OREO write down and expenses. More information regarding other real estate owned is presented in Note 5 – Other Real Estate Owned. Bank owned life insurance – Fair value measurements – Stock-based compensation – • Dividend yield • Expected life (term of the option) • Expected volatility • Risk-free interest rate The Company is required to estimate forfeitures when recognizing compensation expense, and this estimate of forfeitures must be adjusted over the requisite service period or vesting schedule based on the extent to which actual forfeitures differ from such estimates. Changes in estimated forfeitures are recognized through a cumulative catch-up adjustment, which is recognized in the period of change, and also will impact the amount of estimated unamortized compensation expense to be recognized in future periods. Further information on stock-based compensation is presented in Note 17 – Stock Incentive Plans. Earnings per common share – Comprehensive income – Advertising costs – Income taxes – When tax returns are filed, it is highly probable that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position 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 reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits are classified as additional income taxes in the statements of income. Further information on the Company's accounting policies for income taxes is presented in Note 8 – Income Taxes. VNBTrust – Reclassifications – Adoption of New Accounting Standards 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 January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” The amendments in this ASU eliminate from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement - Extraordinary and Unusual Items, required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have a material impact on its consolidated financial statements. In 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, “Revenue from Contracts with Customers (Topic 606),” 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 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) require 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) require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; 3) require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables); and 4) eliminate 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.

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Securities	Note 2 – Securities The amortized cost and fair values of securities available for sale as of December 31, 2015 December 31, 2014 are as follows: December 31, 2015 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains (Losses) Value U.S. Government agencies $ 11,260 $ 137 $ (19 $ 11,378 Corporate bonds 6,027 - (63 5,964 Mortgage-backed securities/CMOs 37,077 60 (450 36,687 Municipal bonds 20,615 250 (93 20,772 $ 74,979 $ 447 $ (625) $ 74,801 December 31, 2014 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains (Losses) Value U.S. Government agencies $ 31,189 $ 395 $ (56 $ 31,528 Corporate bonds 21,373 21 (118 21,276 Asset-backed securities 2,133 - (28 2,105 Mortgage-backed securities/CMOs 63,327 297 (404 63,220 Municipal bonds 23,727 157 (197 23,687 $ 141,749 $ 870 $ (803 $ 141,816 All mortgage-backed securities included in the above tables were issued by U.S. government agencies and corporations. At December 31, 2015, the securities issued by political subdivisions or agencies were highly rated with 79 74 There were no securities classified as held to maturity as of December 31, 2015 or December 31, 2014. Restricted securities are securities with limited marketability and consist of stock in the FRB, FHLB 1.7 1.6 For the year ended December 31, 2015, proceeds from the sales of securities amounted to $ 46.5 44,000 25.9 60,000 7.5 24,000 Securities pledged to secure deposits, and for other purposes required by law, had carrying values of $ 42.2 23.8 Year-end securities with unrealized losses, segregated by length of time in a continuous unrealized loss position, were as follows: December 31, 2015 Less than 12 Months 12 Months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses U.S. Government agencies $ - $ - $ 980 $ (19 $ 980 $ (19 Corporate bonds 5,964 (63 - - 5,964 (63 Mortgage-backed/CMOs 21,003 (212) 9,504 (238 30,507 (450 Municipal bonds 2,788 (31 1,908 (62 4,696 (93 $ 29,755 $ (306 $ 12,392 $ (319 $ 42,147 $ (625 December 31, 2014 Less than 12 Months 12 Months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value (Losses) U.S. Government agencies $ 6,375 $ (21 $ 966 $ (35 $ 7,341 $ (56 Corporate bonds 13,213 (102 3,032 (16) 16,245 (118 Asset-backed securities 98 - 2,007 (28 2,105 (28 Mortgage-backed/CMOs 6,276 (35 25,081 (369 31,357 (404 Municipal bonds 1,769 (19 10,330 (178 12,099 (197 $ 27,731 $ (177 $ 41,416 $ (626 $ 69,147 $ (803 As of December 31, 2015, there were $42.1 million, or forty-two twenty-seven nine five one The Company's securities portfolio is primarily made up of fixed rate bonds, whose prices move inversely with interest rates. Any unrealized losses are largely due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the bonds approach their maturity date or repricing date or if market yields for such investments decline. At the end of any accounting period, the portfolio may have both unrealized gains and losses. Management does not believe any of the securities in an unrealized loss position are impaired due to credit quality. Accordingly, as of December 31, 2015, management believes the impairments detailed in the table above are temporary, and no impairment loss has been realized in the Company's consolidated income statement. The amortized cost and fair value of available for sale securities at December 31, 2015 are presented below based upon contractual maturities, by major investment categories. Expected maturities may differ from contractual maturities because issuers have the right to call or prepay obligations. Amortized Cost Fair Value U.S. Government agencies One year or less $ 5,007 $ 5,028 After one year to five years 3,309 3,367 After five years to ten years 2,944 2,983 $ 11,260 $ 11,378 Corporate bonds After one year to five years $ 4,040 $ 4,012 After five years to ten years 1,987 1,952 $ 6,027 $ 5,964 Mortgage-backed securities/CMOs After one year to five years $ 555 $ 548 After five years to ten years 9,969 9,892 Ten years or more 26,553 26,247 $ 37,077 $ 36,687 Municipal bonds One year or less $ 105 $ 105 After one year to five years 2,097 2,110 After five years to ten years 11,286 11,427 Ten years or more 7,127 7,130 $ 20,615 $ 20,772 Total Securities Available for Sale $ 74,979 $ 74,801

Loans

Loans	12 Months Ended
	Dec. 31, 2015
Loans [Abstract]
Loans	Note 3 – Loans The composition of the loan portfolio by loan classification appears below. December 31, 2015 December 31, 2014 Commercial Commercial and industrial - organic $ 47,215 $ 46,125 Commercial and industrial - syndicated 23,653 14,815 Total commercial and industrial 70,868 60,940 Real estate construction and land Residential construction 2,178 337 Other construction and land 16,733 11,575 Total construction and land 18,911 11,912 Real estate mortgages 1-4 family residential 63,544 60,162 Home equity lines of credit 27,599 25,498 Multifamily 20,209 26,462 Commercial owner occupied 66,244 60,868 Commercial non-owner occupied 91,805 54,012 Total real estate mortgage 269,401 227,002 Consumer Consumer revolving credit 17,174 3,428 Consumer all other credit 11,655 9,972 Student loans purchased 35,655 - Total consumer 64,484 13,400 Total loans 423,664 313,254 Less: Allowance for loan losses (3,567 ) (3,164 ) Net loans $ 420,097 $ 310,090 Loan origination/risk management. Commercial and industrial loans The Company identifies commercial and industrial loans by classifying them into two classes. Organic loans are originated by the Bank's commercial lenders. Syndicated loans, also referred to as Shared National Credits, are purchased from national lending correspondents. Both organic and syndicated loans are underwritten according to the Bank's loan policies. The Company has developed policies to limit overall credit exposure to the syndicated market as a whole and to each borrower. Real estate construction and land loans Commercial real estate loans Residential mortgages Consumer loans two 38,000 53,000 Independent loan review Concentrations of credit. Related party loans. 2015 2014 Balance outstanding at beginning of year $ 10,841 $ 6,526 Principal additions 10,445 8,043 Principal reductions (9,730 ) (3,728 ) Balance outstanding at end of year $ 11,556 $ 10,841 Past due, non-accrual and charged-off loans Student loans purchased are not placed in non-accrual as they are fully insured by surety bonds, and the Company expects to recover all principal and interest once a claim is processed. Regulatory provisions would typically require a loan to be charged-off or placed on non-accrual status if (i) principal or interest has been in default for a period of 90 days or more unless the loan is both well secured and in the process of collection or (ii) full payment of principal and interest is not expected. Loans may be placed on non-accrual status regardless of whether or not such loans are considered past due. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income on non-accrual loans is recognized only to the extent that cash payments are received in excess of principal due. A loan may be returned to accrual status when all the principal and interest amounts contractually due are brought current and future principal and interest amounts contractually due are reasonably assured, which is typically evidenced by a sustained period (at least six months) of repayment performance by the borrower. Non-accrual loans are shown below by class: December 31, 2015 December 31, 2014 Other construction and land $ 59 $ 69 1-4 family residential mortgages 132 149 Total nonaccrual loans $ 191 $ 218 The following tables show the aging of past due loans as of December 31, 2015 and December 31, 2014. Also included are loans that are 90 or more days past due but still accruing, because they are well secured and in the process of collection. As of December 31, 2015 and 2014, the Company had no loans that were 90 days or more past due and still accruing. Past Due Aging as of 90 Days December 31, 2015 30-59 60-89 90 Days or Past Due Days Past Days Past More Past Total Past Total and Still Due Due Due Due Current Loans Accruing Commercial loans Commercial and industrial - organic $ 211 $ 40 $ - $ 251 $ 46,964 $ 47,215 $ - Commercial and industrial - syndicated - - - - 23,653 23,653 - Real estate construction and land Residential construction - - - - 2,178 2,178 - Other construction and land 7 - - 7 16,726 16,733 - Real estate mortgages 1-4 family residential 156 36 - 192 63,352 63,544 - Home equity lines of credit - - - - 27,599 27,599 - Multifamily - - - - 20,209 20,209 - Commercial owner occupied - - - - 66,244 66,244 - Commercial non-owner occupied - - - - 91,805 91,805 - Consumer loans Consumer revolving credit - - - - 17,174 17,174 - Consumer all other credit 58 1 - 59 11,596 11,655 - Student loans purchased 813 1 - 814 34,841 35,655 - Total Loans $ 1,245 $ 78 $ - $ 1,323 $ 422,341 $ 423,664 $ - Past Due Aging as of 90 Days December 31, 2014 30-59 60-89 90 Days or Past Due Days Past Days Past More Past Total Past Total and Still Due Due Due Due Current Loans Accruing Commercial loans Commercial and industrial - organic $ 6 $ - $ - $ 6 $ 46,119 $ 46,125 $ - Commercial and industrial - syndicated - - - - 14,815 14,815 - Real estate construction and land Residential construction - - - - 337 337 - Other construction and land - - - - 11,575 11,575 - Real estate mortgages 1-4 family residential - 24 - 24 60,138 60,162 - Home equity lines of credit - - - - 25,498 25,498 - Multifamily - - - - 26,462 26,462 - Commercial owner occupied - - - - 60,868 60,868 - Commercial non-owner occupied - - - - 54,012 54,012 - Consumer loans Consumer revolving credit 1 - - 1 3,427 3,428 - Consumer all other credit 12 30 - 42 9,930 9,972 - Total Loans $ 19 $ 54 $ - $ 73 $ 313,181 $ 313,254 $ - Impaired loans. Regulatory guidelines require the Company to reevaluate the fair value of collateral supporting impaired collateral dependent loans on at least an annual basis. The following tables provide a breakdown by class of the loans classified as impaired loans as of December 31, 2015 and December 31, 2014. These loans are reported at their recorded investment, which is the carrying amount of the loan as reflected on the Company's balance sheet, net of charge-offs and other amounts applied to reduce the net book balance. Average recorded investment in impaired loans is computed using an average of month-end balances for these loans for the twelve months ended December 31, 2015 and December 31, 2014. Interest income recognized is for the years ended December 31, 2015 and December 31, 2014. December 31, 2015 Unpaid Average Interest Recorded Principal Associated Recorded Income Investment Balance Allowance Investment Recognized Impaired loans without a valuation allowance: Commercial and industrial - organic $ - $ - $ - $ 4 $ - Other construction and land 59 103 - 64 - 1-4 family residential mortgages 499 524 - 685 23 Commercial non-owner occupied real estate 1,061 1,061 - 1,080 47 Impaired loans with a valuation allowance - - - - - Total impaired loans $ 1,619 $ 1,688 $ - $ 1,833 $ 70 December 31, 2014 Unpaid Average Interest Recorded Principal Associated Recorded Income Investment Balance Allowance Investment Recognized Impaired loans without a valuation allowance: Other construction and land $ 69 $ 109 $ - $ 79 $ 1 1-4 family residential mortgages 525 545 - 437 16 Home equity lines of credits - - - 50 3 Commercial owner occupied real estate 1,103 1,103 - 1,124 60 Commercial non-owner occupied real estate - - - 46 - Impaired loans with a valuation allowance - - - - - Total impaired loans $ 1,697 $ 1,757 $ - $ 1,736 $ 80 Troubled debt restructurings (“TDRs”) The following provides a summary, by class, of modified loans that continue to accrue interest under the terms of the restructuring agreement, which are considered to be performing, and modified loans that have been placed in non-accrual status, which are considered to be nonperforming. Troubled debt restructuring (TDRs) December 31, 2015 December 31, 2014 No. of Recorded No. of Recorded Loans Investment Loans Investment Performing TDRs 1-4 family residential mortgages 2 $ 366 2 $ 376 Commercial owner occupied real estate 1 1,061 1 1,103 Total performing TDRs 3 $ 1,427 3 $ 1,479 Nonperforming TDRs Other construction and land 1 $ 34 1 $ 39 Total TDRs 4 $ 1,461 4 $ 1,518 None of the loans shown above were modified as TDRs during 2015. A summary of loans shown above that were modified as TDRs during the year ended December 31, 2014 is shown below by class. Loans modified as TDRs that were fully paid down, charged-off, or foreclosed upon by period end are not reported. The Post-Modification Recorded Balance reflects any interest or fees from the original loan which may have been added to the principal balance on the new note as a condition of the TDR. Additionally, the Post-Modification Recorded Balance is reported below at the period end balances, inclusive of all partial principal pay downs and principal charge-offs since the modification date. Loans modified at below market rates During year ended December 31, 2014 Pre- Post- Modification Modification Number Recorded Recorded of Loans Balance Balance Other construction and land 1 $ 40 $ 39 1-4 family residential mortgage 1 156 155 Total loans modified during the period 2 $ 196 $ 194 There were no loans modified as TDRs that subsequently defaulted during the years ended December 31, 2015 and 2014 and were modified as TDRs during the twelve months prior to default. There were no loans secured by 1-4 family residential property that were in the process of foreclosure at either December 31, 2015 or December 31, 2014. The one property that had previously been transferred to OREO consisted of a 1-4 family residential property and was reported net of valuation allowance at $ 1.2

Allowance for Loan Losses

Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
Allowance for Loan Losses [Abstract]
Allowance for Loan Losses	Note 4 – Allowance for Loan Losses A summary of the transactions in the allowance for loan losses for the years ended December 31, 2015 and 2014 appears below: 2015 2014 Balance, beginning of period $ 3,164 $ 3,360 Loans charged off (141 ) (551) Recoveries 81 49 Net charge-offs (60 ) (502 ) Provision for loan losses 463 306 Balance, December 31 $ 3,567 $ 3,164 Management has an established methodology to determine the adequacy of the allowance for loan losses that assesses the risks and losses inherent in the loan portfolio. For purposes of determining the allowance for loan losses, the Company has segmented certain loans in the portfolio by product type. Within these segments, the Company has sub-segmented its portfolio by classes, based on the associated risks within these classes. Loan Classes by Segments Commercial loan segment: Commercial and industrial - organic Commercial and industrial - syndicated Real estate construction and land loan segment: Residential construction Other construction and land Real estate mortgage loan segment: 1-4 family residential Home equity lines of credit Multifamily Commercial owner occupied Commercial non-owner occupied Consumer loan segment: Consumer revolving credit Consumer all other credit Student loans purchased The Company's internal creditworthiness grading system is based on experiences with similarly graded loans. Category ratings are reviewed quarterly by experienced senior lenders based on each borrower's situation. Additionally, internal and external monitoring and review of credits are conducted on an annual basis. Loans that trend upward toward more positive risk ratings generally have a lower risk factor associated. Conversely, loans that migrate toward more negative ratings generally will result in a higher risk factor being applied to those related loan balances. Risk Ratings And Historical Loss Factor Applied Excellent Good 0% applied, as these loans represent a low risk and are secured by marketable securities within margin. The Company has never experienced a loss within this category. Pass Historical loss factor for loans rated “pass” is applied to current balances of like-rated loans, pooled by class. Loans with the following risk ratings are pooled by class and considered together as “pass”: Satisfactory Average Marginal Watch Special Mention These potential problem loans are currently protected but are potentially weak. Historical loss factor for loans rated “special mention” is applied to current balances of like-rated loans pooled by class. Substandard These problem loans are inadequately protected by the sound worth and paying capacity of the borrower and/or the value of any collateral pledged. These loans may be considered impaired and evaluated on an individual basis. Otherwise, an historical loss factor for loans rated “substandard” is applied to current balances of all other “substandard” loans pooled by class. Doubtful Loans with this rating have significant deterioration in the sound worth and paying capacity of the borrower and/or the value of any collateral pledged, making collection or liquidation of the loan in full highly questionable. These loans would be considered impaired and evaluated on an individual basis. The following represents the loan portfolio designated by the internal risk ratings assigned to each credit at year-end: Special Sub- December 31, 2015 Excellent Good Pass Mention standard Doubtful TOTAL Commercial Commercial and industrial - organic $ 1,238 $ 30,221 $ 15,700 $ 25 $ 31 $ - $ 47,215 Commercial and industrial - syndicated - - 20,691 - 2,962 - 23,653 Real estate construction Residential construction - - 2,178 - - - 2,178 Other construction and land - - 15,591 515 627 - 16,733 Real estate mortgages 1-4 family residential - 1,500 60,801 650 593 - 63,544 Home equity lines of credit - - 27,517 - 82 - 27,599 Multifamily - - 20,209 - - - 20,209 Commercial owner occupied - - 65,497 - 747 - 66,244 Commercial non-owner occupied - - 89,619 1,061 1,125 - 91,805 Consumer Consumer revolving credit 104 16,524 540 - 6 - 17,174 Consumer all other credit 232 10,063 1,319 - 41 - 11,655 Student loans purchased - - 35,655 - - - 35,655 Total Loans $ 1,574 $ 58,308 $ 355,317 $ 2,251 $ 6,214 $ - $ 423,664 Special Sub- December 31, 2014 Excellent Good Pass Mention standard Doubtful TOTAL Commercial Commercial and industrial - organic $ 3,579 $ 23,261 $ 18,487 $ 64 $ 734 $ - $ 46,125 Commercial and industrial - syndicated - - 14,815 - - - 14,815 Real estate construction Residential construction - - 337 - - - 337 Other construction and land - - 10,903 507 165 - 11,575 Real estate mortgages 1-4 family residential - 1,910 56,968 455 829 - 60,162 Home equity lines of credit - - 25,411 - 87 - 25,498 Multifamily - - 26,462 - - - 26,462 Commercial owner occupied - - 58,890 - 1,978 - 60,868 Commercial non-owner occupied - - 54,012 - - - 54,012 Consumer Consumer revolving credit 34 3,054 332 - 8 - 3,428 Consumer all other credit 200 7,856 1,867 - 49 - 9,972 Total Loans $ 3,813 $ 36,081 $ 268,484 $ 1,026 $ 3,850 $ - $ 313,254 In addition to the historical factors, the adequacy of the Company's allowance for loan losses is evaluated through reference to eight qualitative factors, listed below and ranked in order of importance: 1) Changes in national and local economic conditions, including the condition of various market segments; 2) Changes in the value of underlying collateral; 3) Changes in volume of classified assets, measured as a percentage of capital; 4) Changes in volume of delinquent loans; 5) The existence and effect of any concentrations of credit and changes in the level of such concentrations; 6) Changes in lending policies and procedures, including underwriting standards; 7) Changes in the experience, ability and depth of lending management and staff; and 8) Changes in the level of policy exceptions. It has been the Company's experience that the first four factors drive losses to a much greater extent than the last four factors; therefore, the first four factors are weighted more heavily. Historical factors and qualitative factors are not assessed against loans rated “excellent” or rated “good,” since these are fully collateralized by cash or readily marketable securities. For each segment and class of loans, management must exercise significant judgment to determine the estimation method that fits the credit risk characteristics of its various segments. Although this evaluation is inherently subjective, qualified management utilizes its significant knowledge and experience related to both the market and history of the Company's loan losses. During these evaluations, particular characteristics associated with a segment of the loan portfolio are also considered. These characteristics are detailed below: • Commercial loans not secured by real estate carry risks associated with the successful operation of a business, and the repayment of these loans depend on the profitability and cash flows of the business. Additional risk relates to the value of collateral where depreciation occurs and the valuation is less precise. • Commercial loans purchased from the syndicated loan market generally represent shared national credits, which are participations in loans or loan commitments that are shared by three or more banks. Included in the Company's shared national credit portfolio are purchased participations in leveraged lending transactions. Leveraged lending transactions are generally used to support a merger- or acquisition-related transaction, to back a recapitalization of a company's balance sheet or to refinance debt. When considering a participation in the leveraged lending market, the Company participates only in first lien senior secured term loans. To further minimize risk, the Company has developed policies to limit overall credit exposure to the syndicated market as a whole and to each borrower. • Loans secured by commercial real estate also carry risks associated with the success of the business and the ability to generate a positive cash flow sufficient to service debts. Real estate security diminishes risks only to the extent that a market exists for the subject collateral. • Consumer loans carry risks associated with the continued creditworthiness of the borrower and the value of the collateral, such as automobiles which may depreciate more rapidly than other assets. In addition, these loans may be unsecured. Consumer loans are more likely than real estate loans to be immediately affected in an adverse manner by job loss, divorce, illness or personal bankruptcy. Consumer loans are further segmented into student loans purchased, consumer revolving lines and all other consumer loans. The risk of the portfolio of student loans purchased is mitigated by the surety bond purchased that fully insures the loans. • Real estate secured construction loans carry risks that a project will not be completed as scheduled and budgeted and that the value of the collateral may, at any point, be less than the principal amount of the loan. Additional risks may occur if the general contractor, who may not be a loan customer, is unable to finish the project as planned due to financial pressures unrelated to the project. • Residential real estate loans carry risks associated with the continued creditworthiness of the borrower and changes in the value of the collateral. In addition, for investor-owned residential real estate, the repayment may be volatile as leases are generally shorter term in nature. Impaired loans are individually evaluated and, if deemed appropriate, a specific allocation is made for these loans. In reviewing the six loans in the amount of $ 1.6 Allowance for Loan Losses Rollforward by Portfolio Segment as of and for the year ended December 31, 2015 Real Estate Commercial Construction Real Estate Consumer Loans and Land Mortgages Loans Total Allowance for Loan Losses: Balance as of January 1, 2015 $ 674 $ 102 $ 2,360 $ 28 $ 3,164 Charge-offs (126 ) - (12 ) (3 ) (141 ) Recoveries 35 - 46 - 81 Provision for (recovery of) loan losses 214 57 198 (6 ) 463 Ending Balance $ 797 $ 159 $ 2,592 $ 19 $ 3,567 Ending Balance: Individually evaluated for impairment $ - $ - $ - $ - $ - Collectively evaluated for impairment 797 159 2,592 19 3,567 Loans: Individually evaluated for impairment $ - $ 59 $ 1,560 $ - $ 1,619 Collectively evaluated for impairment 70,868 18,852 267,841 64,484 422,045 Ending Balance: $ 70,868 $ 18,911 $ 269,401 $ 64,484 $ 423,664 As of and for the year ended December 31, 2014 Real Estate Commercial Construction Real Estate Consumer Loans and Land Mortgages Loans Total Allowance for Loan Losses: Balance as of January 1, 2014 $ 340 $ 198 $ 2,788 $ 34 $ 3,360 Charge-offs (286 ) - (262 ) (3) (551 ) Recoveries 32 - 10 7 49 Provision for (recovery of) loan losses 588 (96) (176) (10 ) 306 Ending Balance $ 674 $ 102 $ 2,360 $ 28 $ 3,164 Ending Balance: Individually evaluated for impairment $ - $ - $ - $ - $ - Collectively evaluated for impairment 674 102 2,360 28 3,164 Loans: Individually evaluated for impairment $ - $ 69 $ 1,628 $ - $ 1,697 Collectively evaluated for impairment 60,940 11,843 225,374 13,400 311,557 Ending Balance: $ 60,940 $ 11,912 $ 227,002 $ 13,400 $ 313,254

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2015
Other Real Estate Owned [Abstract]
Other Real Estate Owned	Note 5 – Other Real Estate Owned (OREO) At December 31, 2014, OREO was carried at $ 1.2 one one Changes in the balance for OREO are as follows: December 31, 2015 December 31, 2014 Balance at beginning of year, gross $ 2,114 $ 3,133 Transfer from loans - 244 Previously recognized impairment losses on disposition (1,129 ) (101 ) Net loss on sale of property - (27 ) Sales proceeds (985 ) (1,135 ) Balance at end of year, gross $ - $ 2,114 Less: valuation allowance - (937 ) Balance at end of year, net $ - $ 1,177 Changes in the valuation allowance for OREO are as follows: December 31, 2015 December 31, 2014 Balance at beginning of year $ 937 $ 761 Valuation allowance 192 277 Charge-offs (1,129 ) (101 ) Balance at end of year $ - $ 937 Expenses applicable to OREO, other than the valuation allowance and net losses on sale, were $ 39,000 59,000

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Premises and Equipment [Abstract]
Premises and Equipment	Note 6 – Premises and Equipment Premises and equipment are summarized as follows: December 31, 2015 December 31, 2014 Leasehold improvements $ 15,307 $ 15,703 Building and land 1,215 1,215 Construction and fixed assets in progress 14 110 Furniture and equipment 5,941 5,683 Computer software 1,996 1,875 $ 24,473 $ 24,586 Less: accumulated depreciation and amortization 15,805 15,121 $ 8,668 $ 9,465 At December 31, 2015, the Company had leased certain of its banking and operations offices under operating lease agreements on terms ranging from 1 20 961,000 940,000 The following is a schedule of future minimum rental payments required under non-cancelable operating leases that have initial or remaining terms in excess of one year as of December 31, 2015: 2016 $ 804 2017 735 2018 677 2019 597 2020 600 Thereafter 2,668 $ 6,081

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	Note 7 – Deposits The aggregate amount of time deposits with a minimum balance of $ 250,000 35.3 39.0 Brokered deposits totaled $ 17.2 18.7 At December 31, 2015, the scheduled maturities of time deposits are as follows: 2016 $ 102,687 2017 3,389 2018 915 2019 778 2020 849 $ 108,618 Deposit account overdrafts reported as loans totaled $ 38,000 53,000 The Company has entered into deposit transactions with certain directors, principal officers and their affiliates (collectively referred to as “related party deposits”), all of which are under the same terms as other customers. The aggregate amount of these related party deposits was $ 5.5

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	Note 8 – Income Taxes The Company files tax returns in the U.S. federal jurisdiction. With few exceptions, the Company is no longer subject to U.S. federal tax examinations by tax authorities for years prior to 2012. The Commonwealth of Virginia assesses a Bank Franchise Tax on banks instead of a state income tax. The Bank Franchise Tax expense is reported in noninterest expense, and the calculation of that tax is unrelated to taxable income. 2015 2014 Deferred tax assets: Allowance for loan losses $ 1,130 $ 970 Non-accrual loan interest 8 5 Stock option/grant expense 240 316 Start-up expenses 56 60 Home equity closing costs 63 66 OREO valuation allowance - 319 Deferred compensation expense 14 14 Securities available for sale unrealized loss 61 - Depreciation 610 696 $ 2,182 $ 2,446 Deferred tax liabilities: Securities available for sale unrealized gain $ - $ 23 Deferred loan costs 106 57 106 80 Net deferred tax assets $ 2,076 $ 2,366 The provision for income taxes charged to operations for years ended December 31, 2015 and 2014 consists of the following: 2015 2014 Current tax expense $ 824 $ 517 Deferred tax expense (benefit) 373 (61 ) Provision for income taxes $ 1,197 $ 456 The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income for the years ended December 31, 2015 and 2014 due to the following: 2015 2014 Federal statutory rate 34 34 Computed statutory tax expense $ 1,468 $ 800 Increase (decrease) in tax resulting from: Tax-exempt interest income (148 ) (169 ) Tax-exempt income from Bank Owned Life Insurance (BOLI) (150 ) ( 149 ) Stock option expense 10 14 Other 17 (40 ) Provision for income taxes $ 1,197 $ 456

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
	Dec. 31, 2015
Commitments and Contingent Liabilities [Abstract]
Commitments and Contingent Liabilities	Note 9 – Commitments and Contingent Liabilities In the normal course of business, there are various outstanding commitments and contingent liabilities, which are not reflected in the accompanying consolidated financial statements. The Company does not anticipate any material loss as a result of these transactions. As a member of the Federal Reserve System, the Company is required to maintain certain average clearing balances. Those balances include amounts on deposit with the Federal Reserve. For the final weekly reporting period in the years ended December 31, 2015 and December 31, 2014, no daily average required balances were required for either year.

Financial Instruments With Off-

Financial Instruments With Off-Balance Sheet Risk and Credit Risk	12 Months Ended
	Dec. 31, 2015
Financial Instruments With Off-Balance Sheet Risk and Credit Risk [Abstract]
Financial Instruments With Off-Balance Sheet Risk and Credit Risk	Note 10 – Financial Instruments with Off-Balance Sheet Risk and Credit Risk The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments consist primarily of commitments to extend credit and standby letters of credit. In addition to the amounts shown below, the Company has extended commitment letters at December 31, 2015 in the amount of $ 21.5 23.3 120 The Company's exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual notional amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. The totals for financial instruments whose contract amount represents credit risk are shown below: Notional Amount December 31, 2015 December 31, 2014 Unfunded lines-of-credit $ 106,389 $ 80,589 ACH 15,219 16,316 Letters of credit 6,493 5,034 Total $ 128,101 $ 101,939 Standby letters of credit are conditional commitments by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements, including commercial paper, bond financing, and similar transactions. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company holds real estate and bank deposits as collateral supporting those commitments for which collateral is deemed necessary. The Company has approximately $ 862,000

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 11 – Related Party Transactions From time to time, the Company and its subsidiaries have business dealings with companies owned by directors and beneficial shareholders of the Company. Payments made to these companies that exceeded the disclosure threshold of $120,000 in 2015 are reported below. In 2015, rental expenditures of $ 465,000 (including reimbursements for taxes, insurance, and other expenses) were paid to an entity indirectly owned by a director of the Company. SRCM Holdings LLC (“SRCM Holdings”), Swift Run Capital Management, LLC (“SRCM”) and Swift Run Capital, L.P. (the "Fund") are part of a group (collectively, the “SRCM Group”) that had shared voting and shared dispositive power over 9 of the outstanding Company common stock as of March 6, 2014 until the shares were repurchased on May 19, 2015. On May 19, 2015, the Company purchased 190,152 4,354,481 22.90 58,000 42,000 was recorded as royalty income. In December, 2015, the Company purchased 23,285 533,227

Capital Requirements

Capital Requirements	12 Months Ended
	Dec. 31, 2015
Capital Requirements [Abstract]
Capital Requirements	Note 12 – Capital Requirements The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company's and the Bank's consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. In July 2013, the federal bank regulatory agencies issued final rules and requirements for banking organizations to implement the Basel III regulatory capital reforms and certain provisions of the Dodd-Frank Act. Effective January 1, 2015, the final rules require the Company and the Bank to comply with the following new minimum capital ratios: (i) a new common equity Tier 1 capital ratio of 4.5% of risk-weighted assets; (ii) a Tier 1 capital ratio of 6% of risk-weighted assets (increased from the prior requirement of 4%); (iii) a total capital ratio of 8% of risk-weighted assets (unchanged from the prior requirement); and (iv) a leverage ratio of 4% of total assets (unchanged from the prior requirement). Beginning January 1, 2016 a capital conservation buffer requirement for each of the capital ratios will be phased in over a four-year period, beginning at 0.625% of risk-weighted assets and increasing to 2.5% at January 1, 2019. With respect to the Bank, the rules also revised the “prompt corrective action” regulations pursuant to Section 38 of the FDIA. In addition, the new capital requirements for the Company and the Bank include changes in the risk weights of assets to better reflect credit risk and other risk exposures. The Bank's capital ratios remain well above the levels designated by bank regulators as “well capitalized” at December 31, 2015. 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 table below. There are no conditions or events since that management believes have changed the institution's category. Beginning January 1, 2015, the Company calculates its regulatory capital under the U.S. Basel III Standardized Approach. The Company calculated regulatory capital measures for periods prior to 2015 under previous regulatory requirements. The table summarizes the Company's regulatory capital and related ratios for the periods presented: December 31, 2015 Minimum To Be Well Capitalized Minimum Capital Under Prompt Corrective Actual Requirement Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To Risk Weighted Assets) Consolidated $ 59,982 13.39 % $ 35,824 8.00 % N/A N/A Bank $ 58,606 13.10 % $ 35,779 8.00 % $ 44,724 10.00 % Common Equity Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 56,415 12.60 % $ 20,151 4.50 % N/A N/A Bank $ 55,039 12.31 % $ 20,126 4.50 % $ 29,071 6.50 % Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 56,415 12.60 % $ 26,868 6.00 % N/A N/A Bank $ 55,039 12.31 % $ 26,835 6.00 % $ 35,779 8.00 % Tier 1 Capital (To Average Assets) Consolidated $ 56,415 10.05 % $ 22,462 4.00 % N/A N/A Bank $ 55,039 9.81 % $ 22,439 4.00 % $ 28,048 5.00 % December 31, 2014 Minimum To Be Well Capitalized Minimum Capital Under Prompt Corrective Actual Requirement Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To Risk Weighted Assets) Consolidated $ 63,752 17.87 % $ 28,538 8.00 % N/A N/A Bank $ 52,505 15.63 % $ 28,490 8.00 % $ 35,612 10.00 % Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 60,588 16.98 % $ 14,269 4.00 % N/A N/A Bank $ 55,669 14.74 % $ 14,245 4.00 % $ 21,367 6.00 % Tier 1 Capital (To Average Assets) Consolidated $ 60,588 11.38 % $ 21,305 4.00 % N/A N/A Bank $ 55,669 9.86 % $ 21,296 4.00 % $ 26,620 5.00 %

Dividend Restrictions

Dividend Restrictions	12 Months Ended
	Dec. 31, 2015
Dividend Restrictions [Abstract]
Dividend Restrictions	Note 13 – Dividend Restrictions The primary source of funds for the dividends paid by the Company to shareholders is dividends received from the Bank. Federal regulations limit the amount of dividends which the Bank can pay to the Company without obtaining prior approval. The amount of cash dividends that the Bank may pay is limited to current year earnings plus retained net profits for the two preceding years. In addition, dividends paid by the Bank would be prohibited if the effect thereof would cause the Bank's capital to be reduced below applicable minimum capital requirements. In addition to the regulatory limits, the Company's Board of Directors, under current policies, will generally only consider a cash dividend payment to shareholders that, when combined with any previous cash dividends paid within the last 12 months, does not exceed 50% of the Company's after-tax earnings for the preceding 12-months, or 60% if the previous three quarterly dividends are not within the preceding 12 months. At December 31, 2015, the maximum amount of retained earnings available to the Bank for cash dividends to the Company was $ 2,071,000

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 14 – Fair Value Measurements 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 Disclosures” topic of FASB ASC 825, 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 estimates 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 current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. Fair Value Hierarchy In accordance with this guidance, the Company groups its financial assets and financial liabilities generally measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1 – Valuation is based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the market. Level 3 – Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market 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 tables present the balances measured at fair value on a recurring basis: Fai r Value Measurements at December 31, 2015 Using: Quoted Prices in Significant Other Significant Active Markets for Observable Unobservable Identical Assets Inputs Inputs Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government agencies $ 11,378 $ - $ 11,378 $ - Corporate bonds 5,964 - 5,964 - Mortgage-backed securities/CMOs 36,687 - 36,687 - Municipal bonds 20,772 - 20,772 - Total securities available for sale $ 74,801 $ - $ 74,801 $ - Fair Value Measurements at December 31, 2014 Using: Quoted Prices in Significant Other Significant Active Markets for Observable Unobservable Identical Assets Inputs Inputs Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government agencies $ 31,528 $ - $ 31,528 $ - Corporate bonds 21,276 - 21,276 - Asset-backed securities 2,105 - 2,105 - Mortgage-backed securities/CMOs 63,220 - 63,220 - Municipal bonds 23,687 - 23,687 - Total securities available for sale $ 141,816 $ - $ 141,816 $ - Certain financial 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 financial assets recorded at fair value on a nonrecurring basis in the consolidated financial statements: Other real estate owned Other real estate owned is measured at fair value less cost to sell, based on an appraisal conducted by an independent, licensed appraiser outside of the Company. If the collateral value is significantly adjusted due to differences in the comparable properties, or is discounted by the Company because of marketability, then the fair value is considered Level 3. OREO is measured at fair value on a nonrecurring basis. Any initial fair value adjustment 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 Income. The Company has no OREO at December 31, 2015. Impaired loans Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected when due. The measurement of loss associated with impaired loans can be based on either the observable market price of the loan or the fair value of the collateral. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The vast majority of the collateral is real estate. The value of real estate collateral is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company using observable market data (Level 2). However, if the collateral value is significantly adjusted due to differences in the comparable properties, or is discounted by the Company because of marketability, then the fair value is considered Level 3. The value of business equipment is based upon an outside appraisal if deemed significant, or the net book value on the applicable business' financial statements if not considered significant. Likewise, values for inventory and accounts receivables collateral are based on financial statement balances or aging reports (Level 3). Impaired loans allocated to the 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 in the Consolidated Statements of Income. The Company had $ 1.6 1.7 The following tables present the Company's assets that were measured at fair value on a nonrecurring basis: Fair Value Measurements at December 31, 2014 Using: Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Identical Assets Inputs Inputs Description Balance (Level 1) (Level 2) (Level 3) Assets: Other Real Estate Owned $ 1,177 $ - $ - $ 1,177 The following methods and assumptions were used by the Company in estimating the fair value disclosures for financial instruments: Cash and short-term investments For those short-term instruments, including cash, due from banks and federal funds sold, the carrying amount is a reasonable estimate of fair value. Interest bearing deposits The carrying amounts of interest bearing deposits maturing within ninety days approximate their fair value. Securities Fair values for securities, excluding restricted securities, are based on third party vendor pricing models. The carrying value of restricted FRB, FHLB and CBBFC stock approximates fair value based on the redemption provisions of each entity and is therefore excluded from the following table. Loans The fair value of performing loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar remaining maturities. This calculation ignores loan fees and certain factors affecting the interest rates charged on various loans such as the borrower's creditworthiness and compensating balances and dissimilar types of real estate held as collateral. The fair value of impaired loans is measured as described within the Impaired Loans section of this Note. Bank owned life insurance The carrying amounts of Bank owned life insurance approximate fair value. Accrued interest The carrying amounts of accrued interest approximate fair value. Deposit liabilities The fair value of demand deposits, savings accounts, and certain money market deposits is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities. Short-term borrowings The carrying amounts of securities sold under agreements to repurchase approximate fair value. Off-balance sheet financial instruments The fair values of loan commitments and standby letters of credit are immaterial. Therefore, they have not been included in the following table. The carrying values and estimated fair values of the Company's financial instruments are as follows: Fair Value Measurement at December 31, 2015 using: Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 43,527 $ 43,527 $ - $ - $ 43,527 Securities 74,801 - 74,801 - 74,801 Loans, net 420,097 - - 418,774 418,774 Bank owned life insurance 13,476 - 13,476 - 13,476 Accrued interest receivable 1,611 - 369 1,242 1,611 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 377,849 $ - $ 377,849 $ - $ 377,849 Certificates of deposit 108,618 - 108,578 - 108,578 Securities sold under agreements to repurchase 23,156 - 23,156 - 23,156 Accrued interest payable 106 - 106 - 106 Fair Value Measurement at December 31, 2014 using: Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Inputs Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 54,107 $ 54,107 $ - $ - $ 54,107 Securities 141,816 - 141,816 - 141,816 Loans, net 310,090 - - 310,806 310,806 Bank owned life insurance 13,034 - 13,034 - 13,034 Accrued interest receivable 1,296 - 566 730 1,296 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 339,625 $ - $ 339,625 $ - $ 339,625 Certificates of deposit 117,094 - 117,189 - 117,189 Securities sold under agreements to repurchase 17,995 - 17,995 - 17,995 Accrued interest payable 117 - 117 - 117 The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair values of the Company's financial instruments will change when interest rate levels change, and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk; however, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment and more likely to prepay in a falling rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company's overall interest rate risk.

Other Expenses

Other Expenses	12 Months Ended
	Dec. 31, 2015
Other Expenses [Abstract]
Other Expenses	Note 15 – Other Expenses The Company had the following other expenses as of the dates indicated: December 31, 2015 December 31, 2014 ATM, debit and credit card $ 301 $ 349 Bank franchise tax 381 328 Computer software 332 330 Data processing 1,049 1,025 FDIC deposit insurance assessment 351 268 Marketing, advertising and promotion 505 774 Net OREO write downs and expenses 231 345 Professional fees 544 696 Other 1,345 1,486 $ 5,039 $ 5,601

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 16 – Employee Benefit Plans The Company has a 401(k) plan available to all employees who are at least 18 100 6 “Vesting” refers to the rights of ownership to the assets in the 401(k) accounts. Effective January 1, 2013, matching contributions are fully vested immediately. Employee contributions to the plan have always been 100 The Company contributed $ 308,000 327,000

Stock Incentive Plans

Stock Incentive Plans	12 Months Ended
	Dec. 31, 2015
Stock Incentive Plans [Abstract]
Stock Incentive Plans	Note 17 – Stock Incentive Plans At the Annual Shareholders Meeting on May 21, 2014, shareholders approved the Virginia National Bankshares Corporation 2014 Stock Incentive Plan (“2014 Plan”). The 2014 Plan makes available up to 250,000 shares of the Company's common stock to be issued to plan participants. Similar to the Company's 2003 Stock Incentive Plan (“2003 Plan”) and 2005 Stock Incentive Plan (“2005 Plan”), the 2014 Plan provides for granting of both incentive and nonqualified stock options, as well as restricted stock and other stock based awards. The 2005 Plan expired on December 20, 2014. No new grants will be issued under the 2003 Plan or the 2005 Plan as these plans have expired. For all of the Company's stock incentive plans (the "Plans"), the option price of incentive options will not be less than the fair value of the stock at the time an option is granted. Nonqualified options may be granted at prices established by the Board of Directors, including prices less than the fair market value on the date of grant. Outstanding options generally expire in ten A summary of the shares issued and available under each of the Company's stock incentive plans (the “Plans”) is shown below as of December 31, 2015. Although the 2003 Plan and 2005 Plan have expired and no new grants will be issued under these plans, there were shares issued before the plans expired which are still outstanding as shown below. 2003 Plan 2005 Plan 2014 Plan Aggregate shares issuable 128,369 230,000 250,000 Options issued, net of forfeited and expired options (108,054) (124,547) - Cancelled due to Plan expiration (20,315) (105,453) - Remaining available for grant - - 250,000 Grants issued and outstanding: Total vested and unvested shares 30,214 121,904 - Fully vested shares 30,214 115,654 - Exercise price range $ 15.65 18.26 $ 11.74 36.74 N/A The Company accounts for all of its stock incentive plans under recognition and measurement accounting principles which require that the compensation cost relating to stock-based payment transactions be recognized in financial statements. Stock-based compensation arrangements include stock options and restricted stock. All stock-based payments to employees are required to be valued using a fair value method on the date of grant and expensed based on that fair value over the applicable vesting period. For the years ended December 31, 2015 and December 31, 2014, the Company recognized $ 30,000 52,000 , 36,000 Stock Options Changes in the stock options outstanding related to the Plans are summarized as follows: December 31, 2015 Weighted Average Aggregate Number of Options Exercise Price Intrinsic Value Outstanding at January 1, 2015 180,796 $ 25.86 $ 271 Exercised (1,250) 18.10 Expired (18,400 ) 31.21 Forfeited (9,028 ) 24.46 Outstanding at December 31, 2015 152,118 $ 25.36 $ 354 Options exercisable at December 31, 2015 145,868 $ 25.72 $ 309 There was no intrinsic value for the options exercised during the year ended December 31, 2015 . The fair value of any grant is estimated at the grant date using the Black-Scholes pricing model. During the first quarter of 2014, there was one stock option grant for 5,000 Summary information pertaining to options outstanding at December 31, 2015 is as follows: Weighted-Average Weighted Weighted- Remaining Average Exercise Average Exercise Exercise Price Options Outstanding Contractual Life Options Exercisable $ 11.74 20.00 45,764 4.5 $ 17.17 39,514 $ 17.22 $ 20.01 30.00 58,514 2.2 24.83 58,514 24.83 $ 30.01 36.74 47,840 0.6 33.83 47,840 33.83 Total 152,118 2.4 $ 25.36 145,868 $ 25.72 Restricted Stock The restricted stock that had been outstanding as of January 1, 2014 was fully vested in November 2014. No

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2015
Earnings per Share [Abstract]
Earnings per Share	Note 18 – Earnings per Share The following shows the weighted average number of shares used in computing earnings per share and the effect on weighted average number of shares of diluted potential common stock. Potential dilutive common stock has no effect on income available to common shareholders. December 31, 2015 December 31, 2014 Weighted Per Weighted Per Average Share Average Share Net Income Shares Amount Net Income Shares Amount Basic earnings per share $ 3,121 2,531,964 $ 1.23 $ 1,898 2,695,426 $ 0.70 Effect of dilutive stock options 12,427 - 11,533 - Diluted earnings per share $ 3,121 2,544,391 $ 1.23 $ 1,898 2,706,959 $ 0.70 In 2015, stock options representing 82,110 130,677

Other Comprehensive Income

Other Comprehensive Income	12 Months Ended
	Dec. 31, 2015
Other Comprehensive Income [Abstract]
Other Comprehensive Income	Note 19 – Other Comprehensive Income A component of the Company's comprehensive income, in addition to net income from operations, is the recognition of the realized gains and losses on AFS securities, net of income taxes. Reclassifications of unrealized gains and losses on AFS securities are reported in the income statement as “Gains on sales of securities” with the corresponding income tax effect reflected as a component of income tax expense. Amounts reclassified out of accumulated other comprehensive income (loss) are presented below: December 31, December 31, 2015 2014 Available-for-sale securities Realized gains on sale of securities $ 104 $ 24 Tax effect (35 ) (8 ) Realized gains, net of tax $ 69 $ 16

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Reporting	Note 20 – Segment Reporting Virginia National Bankshares Corporation has two The Bank's commercial banking activities involve making loans and generating deposits from individuals and businesses. Loan fee income, service charges from deposit accounts, and other non-interest-related revenue such as fees for debit cards and ATM usage and fees for treasury management services generate additional income for this segment. The VNB Wealth segment includes investment management, wealth advisory and trust and estate services offered by VNBTrust. Income from the VNB Wealth segment is primarily derived from two forms of fee income: management fees and performance fees. A management fee for administrative and technology support services provided by the Bank is charged to VNB Wealth. For the years ended December 31, 2015 and December 31, 2014, management fees of $ 135,000 250,000 The accounting policies of the segments are the same as those described in the summary of significant accounting policies provided earlier in this report. Each reportable segment is a strategic business unit that offers different products and services. They are managed separately, because each segment appeals to different markets and, accordingly, require different technology and marketing strategies. Segment information as of, and for the years ended, December 31, 2015 and 2014, is shown in the following tables: 2015 Bank VNB Wealth Consolidated Net interest income $ 16,281 $ 27 $ 16,308 Provision for loan losses 463 - 463 Non-interest income 3,015 1,856 4,871 Non-interest expense 13,463 2,935 16,398 Income (loss) before income taxes 5,370 (1,052 ) 4,318 Provision for (benefit of) income taxes 1,550 (353 ) 1,197 Net income (loss) $ 3,820 $ (699 ) $ 3,121 Total assets $ 557,685 $ 9,806 $ 567,491 2014 Bank VNB Wealth Consolidated Net interest income $ 14,422 $ 32 $ 14,454 Provision for loan losses 306 - 306 Non-interest income 2,614 2,983 5,597 Non-interest expense 14,576 2,815 17,391 Income before income taxes 2,154 200 2,354 Provision for income taxes 383 73 456 Net income $ 1,771 $ 127 $ 1,898 Total assets $ 526,458 $ 10,595 $ 537,053

Condensed Parent Company Financ

Condensed Parent Company Financial Statements	12 Months Ended
	Dec. 31, 2015
Condensed Parent Company Financial Statements [Abstract]
Condensed Parent Company Financial Statements	Note 21 - Condensed Parent Company Financial Statements Condensed financial statements pertaining only to the Parent A quarterly cash dividend payment has been authorized by the Bank's Board of Directors and paid to the Parent Company each quarter in 2015 and 2014 for a total of $ 965,000 788,000 , respectively. The payment of dividends by the subsidiary is restricted by various regulatory limitations. Banking regulations also prohibit extensions of credit to the parent company unless appropriately secured by assets. For more detail on dividends, see Note 13 – Dividend Restrictions. BALANCE SHEETS December 31, 2015 December 31, 2014 ASSETS Cash and due from banks $ 1,099 $ 7,713 Investment securities 64 64 Investments in subsidiary 54,921 52,549 Other assets 488 541 Total assets $ 56,572 $ 60,867 LIABILITIES & SHAREHOLDERS' EQUITY Other liabilities $ 275 $ 235 Stockholders' equity 56,297 60,632 Total liabilities and stockholders' equity $ 56,572 $ 60,867 STATEMENTS OF INCOME For the years ended December 31, 2015 December 31, 2014 Dividends from subsidiary $ 965 $ 788 Noninterest expense 558 449 Income before income taxes $ 407 $ 339 Income tax (benefit) (180 ) (202) Income before equity in undistributed earnings of subsidiary $ 587 $ 541 Equity in undistributed earnings of subsidiary 2,534 1,357 Net income $ 3,121 $ 1,898 STATEMENTS OF CASH FLOWS For the years ended December 31, 2015 December 31, 2014 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 3,121 $ 1,898 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (2,534) (1,357) Deferred tax benefit (79) (375) Stock option & stock grant expense 30 52 Decrease (increase) in other assets 57 (122) Increase in other liabilities 2 1 Net cash provided from operating activities 597 97 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of restricted securities - (64) Net cash used in investing activities - (64) CASH FLOWS FROM FINANCING ACTIVITIES Stock options exercised or expired 22 180 Stock purchased under stock repurchase plan (6,342) (262) Dividends paid (891) (674) Net cash used in financing activities (7,211) (756) NET DECREASE IN CASH AND CASH EQUIVALENTS (6,614) (723) CASH AND CASH EQUIVALENTS Beginning of period 7,713 8,436 End of period $ 1,099 $ 7,713

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Organization	Organization Virginia National Bankshares Corporation (the “Company”) is a bank holding company incorporated under the laws of the Commonwealth of Virginia. The Company is authorized to issue 10,000,000 2.50 2,000,000 2.50 On September 22, 2014, the Company announced the approval by its Board of Directors of a stock repurchase program authorizing r e 400,000 Virginia National Bank (the “Bank”) is a wholly-owned subsidiary of the bank holding company and was organized in 1998 under federal law as a national banking association to engage in a general commercial and retail banking business. The Bank is headquartered in Charlottesville, Virginia and primarily serves the Virginia communities in and around the City of Charlottesville, Albemarle County, Orange County, Fauquier County, the City of Winchester and Frederick County. As a national bank, the Bank is subject to the supervision, examination and regulation of the Office of the Comptroller of the Currency (“OCC”). On May 1, 2007, the OCC granted conditional approval to the Bank's application to establish a new national trust bank with the title VNBTrust, National Association which now trades under the name VNB Wealth Management (“VNBTrust”, “VNB Wealth” or “VNB Wealth Management”). Sale Agreement with SRCM Holdings LLC and Acquisition Royalty Payments Due to VNBTrust In 2007 when VNBTrust was established, the OCC also approved the Bank's application for VNBTrust to create a wholly owned operating subsidiary, VNB Investment Management Company, LLC, a Delaware limited liability corporation. In January, 2010, VNB Investment Management Company changed its name to Swift Run Capital Management, LLC (“SRCM”). SRCM served as the general partner of Swift Run Capital, L.P. (the “Fund), a private investment fund. On July 18, 2013 (the “Closing Date”), VNBTrust completed the sale of all of the membership interests of SRCM to SRCM Holdings LLC (“SRCM Holdings”) pursuant to a purchase and sale agreement dated June 27, 2013 (the SRCM “Sale Agreement”). ten 20 20 20 302,000
Subsequent Event	Subsequent Event On February 1, 2016 (the “Effective Date”), VNB Wealth purchased a book of business, including interest in the client relationships, (”Purchased Relationships”), from a current officer (the "Seller") of VNB Wealth pursuant to an employment and asset purchase agreement (the ”Purchase Agreement”). Prior to becoming an employee of VNB Wealth and until the Effective Date of the sale, the Seller provided services to these Purchased Relationships as a sole proprietor. As of January 15, 2016, the fair market value of the Purchased Relationships totaled $ 31.5 The purchase price of $ 1.2 five Basis of Presentation
Basis of Presentation	The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America and to the reporting guidelines prescribed by regulatory authorities. The following is a description of the more significant of those policies and practices.
Principles of consolidation	Principles of consolidation –
Use of estimates	Use of estimates –
Cash flow reporting	Cash flow reporting –
Securities sold under agreements to repurchase	Securities sold under agreements to repurchase –
Securities	Securities – • Securities held to maturity – • Securities available for sale – Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities or to “call” dates, whichever occurs first. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. 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, the Company 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.
Restricted securities	Restricted securities –
Loans	Loans –
Allowance for loan losses	Allowance for loan losses –
Transfers of financial assets	Transfers of financial assets –
Premises and equipment	Premises and equipment – 3 20
Other real estate owned	Other real estate owned – Assets acquired through, or in lieu of, loan foreclosures are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management, and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in noninterest expense as net OREO write down and expenses. More information regarding other real estate owned is presented in Note 5 – Other Real Estate Owned.
Bank owned life insurance	Bank owned life insurance –
Fair value measurements	Fair value measurements –
Stock-based compensation	Stock-based compensation – • Dividend yield • Expected life (term of the option) • Expected volatility • Risk-free interest rate The Company is required to estimate forfeitures when recognizing compensation expense, and this estimate of forfeitures must be adjusted over the requisite service period or vesting schedule based on the extent to which actual forfeitures differ from such estimates. Changes in estimated forfeitures are recognized through a cumulative catch-up adjustment, which is recognized in the period of change, and also will impact the amount of estimated unamortized compensation expense to be recognized in future periods. Further information on stock-based compensation is presented in Note 17 – Stock Incentive Plans.
Earnings per common share	Earnings per common share –
Comprehensive income	Comprehensive income –
Advertising costs	Advertising costs –
Income taxes	Income taxes – When tax returns are filed, it is highly probable that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position 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 reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits are classified as additional income taxes in the statements of income. Further information on the Company's accounting policies for income taxes is presented in Note 8 – Income Taxes.
VNBTrust	VNBTrust –
Reclassifications	Reclassifications –
Adoption of New Accounting Standards	Adoption of New Accounting Standards 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 January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” The amendments in this ASU eliminate from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement - Extraordinary and Unusual Items, required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have a material impact on its consolidated financial statements. In 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, “Revenue from Contracts with Customers (Topic 606),” 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 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) require 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) require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; 3) require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables); and 4) eliminate 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.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Schedule of Amortized Cost and Fair Values of Securities Available For Sale	December 31, 2015 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains (Losses) Value U.S. Government agencies $ 11,260 $ 137 $ (19 $ 11,378 Corporate bonds 6,027 - (63 5,964 Mortgage-backed securities/CMOs 37,077 60 (450 36,687 Municipal bonds 20,615 250 (93 20,772 $ 74,979 $ 447 $ (625) $ 74,801 December 31, 2014 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains (Losses) Value U.S. Government agencies $ 31,189 $ 395 $ (56 $ 31,528 Corporate bonds 21,373 21 (118 21,276 Asset-backed securities 2,133 - (28 2,105 Mortgage-backed securities/CMOs 63,327 297 (404 63,220 Municipal bonds 23,727 157 (197 23,687 $ 141,749 $ 870 $ (803 $ 141,816
Schedule of Unrealized Losses in the Bank's Securities Portfolio	December 31, 2015 Less than 12 Months 12 Months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses U.S. Government agencies $ - $ - $ 980 $ (19 $ 980 $ (19 Corporate bonds 5,964 (63 - - 5,964 (63 Mortgage-backed/CMOs 21,003 (212) 9,504 (238 30,507 (450 Municipal bonds 2,788 (31 1,908 (62 4,696 (93 $ 29,755 $ (306 $ 12,392 $ (319 $ 42,147 $ (625 December 31, 2014 Less than 12 Months 12 Months or more Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value (Losses) U.S. Government agencies $ 6,375 $ (21 $ 966 $ (35 $ 7,341 $ (56 Corporate bonds 13,213 (102 3,032 (16) 16,245 (118 Asset-backed securities 98 - 2,007 (28 2,105 (28 Mortgage-backed/CMOs 6,276 (35 25,081 (369 31,357 (404 Municipal bonds 1,769 (19 10,330 (178 12,099 (197 $ 27,731 $ (177 $ 41,416 $ (626 $ 69,147 $ (803
Schedule of Amortized Cost and Fair Values of Securities Available For Sale Based upon Contractual Maturities and by Major Investment Categories	Amortized Cost Fair Value U.S. Government agencies One year or less $ 5,007 $ 5,028 After one year to five years 3,309 3,367 After five years to ten years 2,944 2,983 $ 11,260 $ 11,378 Corporate bonds After one year to five years $ 4,040 $ 4,012 After five years to ten years 1,987 1,952 $ 6,027 $ 5,964 Mortgage-backed securities/CMOs After one year to five years $ 555 $ 548 After five years to ten years 9,969 9,892 Ten years or more 26,553 26,247 $ 37,077 $ 36,687 Municipal bonds One year or less $ 105 $ 105 After one year to five years 2,097 2,110 After five years to ten years 11,286 11,427 Ten years or more 7,127 7,130 $ 20,615 $ 20,772 Total Securities Available for Sale $ 74,979 $ 74,801

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2015
Loans [Abstract]
Schedule of Composition of Loan Portfolio by Loan Classification	December 31, 2015 December 31, 2014 Commercial Commercial and industrial - organic $ 47,215 $ 46,125 Commercial and industrial - syndicated 23,653 14,815 Total commercial and industrial 70,868 60,940 Real estate construction and land Residential construction 2,178 337 Other construction and land 16,733 11,575 Total construction and land 18,911 11,912 Real estate mortgages 1-4 family residential 63,544 60,162 Home equity lines of credit 27,599 25,498 Multifamily 20,209 26,462 Commercial owner occupied 66,244 60,868 Commercial non-owner occupied 91,805 54,012 Total real estate mortgage 269,401 227,002 Consumer Consumer revolving credit 17,174 3,428 Consumer all other credit 11,655 9,972 Student loans purchased 35,655 - Total consumer 64,484 13,400 Total loans 423,664 313,254 Less: Allowance for loan losses (3,567 ) (3,164 ) Net loans $ 420,097 $ 310,090
Schedule of Activity in Related Party Loans	2015 2014 Balance outstanding at beginning of year $ 10,841 $ 6,526 Principal additions 10,445 8,043 Principal reductions (9,730 ) (3,728 ) Balance outstanding at end of year $ 11,556 $ 10,841
Schedule of Impaired Loans Classified as Non-Accruals by Class	December 31, 2015 December 31, 2014 Other construction and land $ 59 $ 69 1-4 family residential mortgages 132 149 Total nonaccrual loans $ 191 $ 218
Schedule of Aging of Past Due Loans	Past Due Aging as of 90 Days December 31, 2015 30-59 60-89 90 Days or Past Due Days Past Days Past More Past Total Past Total and Still Due Due Due Due Current Loans Accruing Commercial loans Commercial and industrial - organic $ 211 $ 40 $ - $ 251 $ 46,964 $ 47,215 $ - Commercial and industrial - syndicated - - - - 23,653 23,653 - Real estate construction and land Residential construction - - - - 2,178 2,178 - Other construction and land 7 - - 7 16,726 16,733 - Real estate mortgages 1-4 family residential 156 36 - 192 63,352 63,544 - Home equity lines of credit - - - - 27,599 27,599 - Multifamily - - - - 20,209 20,209 - Commercial owner occupied - - - - 66,244 66,244 - Commercial non-owner occupied - - - - 91,805 91,805 - Consumer loans Consumer revolving credit - - - - 17,174 17,174 - Consumer all other credit 58 1 - 59 11,596 11,655 - Student loans purchased 813 1 - 814 34,841 35,655 - Total Loans $ 1,245 $ 78 $ - $ 1,323 $ 422,341 $ 423,664 $ - Past Due Aging as of 90 Days December 31, 2014 30-59 60-89 90 Days or Past Due Days Past Days Past More Past Total Past Total and Still Due Due Due Due Current Loans Accruing Commercial loans Commercial and industrial - organic $ 6 $ - $ - $ 6 $ 46,119 $ 46,125 $ - Commercial and industrial - syndicated - - - - 14,815 14,815 - Real estate construction and land Residential construction - - - - 337 337 - Other construction and land - - - - 11,575 11,575 - Real estate mortgages 1-4 family residential - 24 - 24 60,138 60,162 - Home equity lines of credit - - - - 25,498 25,498 - Multifamily - - - - 26,462 26,462 - Commercial owner occupied - - - - 60,868 60,868 - Commercial non-owner occupied - - - - 54,012 54,012 - Consumer loans Consumer revolving credit 1 - - 1 3,427 3,428 - Consumer all other credit 12 30 - 42 9,930 9,972 - Total Loans $ 19 $ 54 $ - $ 73 $ 313,181 $ 313,254 $ -
Schedule of Loans Classified as Impaired Loans	December 31, 2015 Unpaid Average Interest Recorded Principal Associated Recorded Income Investment Balance Allowance Investment Recognized Impaired loans without a valuation allowance: Commercial and industrial - organic $ - $ - $ - $ 4 $ - Other construction and land 59 103 - 64 - 1-4 family residential mortgages 499 524 - 685 23 Commercial non-owner occupied real estate 1,061 1,061 - 1,080 47 Impaired loans with a valuation allowance - - - - - Total impaired loans $ 1,619 $ 1,688 $ - $ 1,833 $ 70 December 31, 2014 Unpaid Average Interest Recorded Principal Associated Recorded Income Investment Balance Allowance Investment Recognized Impaired loans without a valuation allowance: Other construction and land $ 69 $ 109 $ - $ 79 $ 1 1-4 family residential mortgages 525 545 - 437 16 Home equity lines of credits - - - 50 3 Commercial owner occupied real estate 1,103 1,103 - 1,124 60 Commercial non-owner occupied real estate - - - 46 - Impaired loans with a valuation allowance - - - - - Total impaired loans $ 1,697 $ 1,757 $ - $ 1,736 $ 80
Summary of Modified Loans	Troubled debt restructuring (TDRs) December 31, 2015 December 31, 2014 No. of Recorded No. of Recorded Loans Investment Loans Investment Performing TDRs 1-4 family residential mortgages 2 $ 366 2 $ 376 Commercial owner occupied real estate 1 1,061 1 1,103 Total performing TDRs 3 $ 1,427 3 $ 1,479 Nonperforming TDRs Other construction and land 1 $ 34 1 $ 39 Total TDRs 4 $ 1,461 4 $ 1,518
Schedule of Loans Modified Under Terms of a TDR	Loans modified at below market rates During year ended December 31, 2014 Pre- Post- Modification Modification Number Recorded Recorded of Loans Balance Balance Other construction and land 1 $ 40 $ 39 1-4 family residential mortgage 1 156 155 Total loans modified during the period 2 $ 196 $ 194

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Allowance for Loan Losses [Abstract]
Summary of Transactions in Allowance for Loan Losses	2015 2014 Balance, beginning of period $ 3,164 $ 3,360 Loans charged off (141 ) (551) Recoveries 81 49 Net charge-offs (60 ) (502 ) Provision for loan losses 463 306 Balance, December 31 $ 3,567 $ 3,164
Internal Risk Rating Grades	Special Sub- December 31, 2015 Excellent Good Pass Mention standard Doubtful TOTAL Commercial Commercial and industrial - organic $ 1,238 $ 30,221 $ 15,700 $ 25 $ 31 $ - $ 47,215 Commercial and industrial - syndicated - - 20,691 - 2,962 - 23,653 Real estate construction Residential construction - - 2,178 - - - 2,178 Other construction and land - - 15,591 515 627 - 16,733 Real estate mortgages 1-4 family residential - 1,500 60,801 650 593 - 63,544 Home equity lines of credit - - 27,517 - 82 - 27,599 Multifamily - - 20,209 - - - 20,209 Commercial owner occupied - - 65,497 - 747 - 66,244 Commercial non-owner occupied - - 89,619 1,061 1,125 - 91,805 Consumer Consumer revolving credit 104 16,524 540 - 6 - 17,174 Consumer all other credit 232 10,063 1,319 - 41 - 11,655 Student loans purchased - - 35,655 - - - 35,655 Total Loans $ 1,574 $ 58,308 $ 355,317 $ 2,251 $ 6,214 $ - $ 423,664 Special Sub- December 31, 2014 Excellent Good Pass Mention standard Doubtful TOTAL Commercial Commercial and industrial - organic $ 3,579 $ 23,261 $ 18,487 $ 64 $ 734 $ - $ 46,125 Commercial and industrial - syndicated - - 14,815 - - - 14,815 Real estate construction Residential construction - - 337 - - - 337 Other construction and land - - 10,903 507 165 - 11,575 Real estate mortgages 1-4 family residential - 1,910 56,968 455 829 - 60,162 Home equity lines of credit - - 25,411 - 87 - 25,498 Multifamily - - 26,462 - - - 26,462 Commercial owner occupied - - 58,890 - 1,978 - 60,868 Commercial non-owner occupied - - 54,012 - - - 54,012 Consumer Consumer revolving credit 34 3,054 332 - 8 - 3,428 Consumer all other credit 200 7,856 1,867 - 49 - 9,972 Total Loans $ 3,813 $ 36,081 $ 268,484 $ 1,026 $ 3,850 $ - $ 313,254
Allowance for Loan Losses Rollforward by Portfolio Segment	Allowance for Loan Losses Rollforward by Portfolio Segment as of and for the year ended December 31, 2015 Real Estate Commercial Construction Real Estate Consumer Loans and Land Mortgages Loans Total Allowance for Loan Losses: Balance as of January 1, 2015 $ 674 $ 102 $ 2,360 $ 28 $ 3,164 Charge-offs (126 ) - (12 ) (3 ) (141 ) Recoveries 35 - 46 - 81 Provision for (recovery of) loan losses 214 57 198 (6 ) 463 Ending Balance $ 797 $ 159 $ 2,592 $ 19 $ 3,567 Ending Balance: Individually evaluated for impairment $ - $ - $ - $ - $ - Collectively evaluated for impairment 797 159 2,592 19 3,567 Loans: Individually evaluated for impairment $ - $ 59 $ 1,560 $ - $ 1,619 Collectively evaluated for impairment 70,868 18,852 267,841 64,484 422,045 Ending Balance: $ 70,868 $ 18,911 $ 269,401 $ 64,484 $ 423,664 As of and for the year ended December 31, 2014 Real Estate Commercial Construction Real Estate Consumer Loans and Land Mortgages Loans Total Allowance for Loan Losses: Balance as of January 1, 2014 $ 340 $ 198 $ 2,788 $ 34 $ 3,360 Charge-offs (286 ) - (262 ) (3) (551 ) Recoveries 32 - 10 7 49 Provision for (recovery of) loan losses 588 (96) (176) (10 ) 306 Ending Balance $ 674 $ 102 $ 2,360 $ 28 $ 3,164 Ending Balance: Individually evaluated for impairment $ - $ - $ - $ - $ - Collectively evaluated for impairment 674 102 2,360 28 3,164 Loans: Individually evaluated for impairment $ - $ 69 $ 1,628 $ - $ 1,697 Collectively evaluated for impairment 60,940 11,843 225,374 13,400 311,557 Ending Balance: $ 60,940 $ 11,912 $ 227,002 $ 13,400 $ 313,254

Other Real Estate Owned) (Table

Other Real Estate Owned) (Tables)	12 Months Ended
	Dec. 31, 2015
Other Real Estate Owned [Abstract]
Schedule of Changes in Balance for OREO	December 31, 2015 December 31, 2014 Balance at beginning of year, gross $ 2,114 $ 3,133 Transfer from loans - 244 Previously recognized impairment losses on disposition (1,129 ) (101 ) Net loss on sale of property - (27 ) Sales proceeds (985 ) (1,135 ) Balance at end of year, gross $ - $ 2,114 Less: valuation allowance - (937 ) Balance at end of year, net $ - $ 1,177
Schedule of Changes in Valuation Allowance for OREO	December 31, 2015 December 31, 2014 Balance at beginning of year $ 937 $ 761 Valuation allowance 192 277 Charge-offs (1,129 ) (101 ) Balance at end of year $ - $ 937

Premises and Equipment) (Tables

Premises and Equipment) (Tables)	12 Months Ended
	Dec. 31, 2015
Premises and Equipment [Abstract]
Summary of Premises and Equipment	December 31, 2015 December 31, 2014 Leasehold improvements $ 15,307 $ 15,703 Building and land 1,215 1,215 Construction and fixed assets in progress 14 110 Furniture and equipment 5,941 5,683 Computer software 1,996 1,875 $ 24,473 $ 24,586 Less: accumulated depreciation and amortization 15,805 15,121 $ 8,668 $ 9,465
Schedule of future minimum rental payments required under non-cancelable operating leases	2016 $ 804 2017 735 2018 677 2019 597 2020 600 Thereafter 2,668 $ 6,081

Deposits) (Tables)

Deposits) (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Schedule of Maturities of Time Deposits	2016 $ 102,687 2017 3,389 2018 915 2019 778 2020 849 $ 108,618

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Schedule of Net Deferred Tax Assets	2015 2014 Deferred tax assets: Allowance for loan losses $ 1,130 $ 970 Non-accrual loan interest 8 5 Stock option/grant expense 240 316 Start-up expenses 56 60 Home equity closing costs 63 66 OREO valuation allowance - 319 Deferred compensation expense 14 14 Securities available for sale unrealized loss 61 - Depreciation 610 696 $ 2,182 $ 2,446 Deferred tax liabilities: Securities available for sale unrealized gain $ - $ 23 Deferred loan costs 106 57 106 80 Net deferred tax assets $ 2,076 $ 2,366
Schedule of Provision for Income Taxes	2015 2014 Current tax expense $ 824 $ 517 Deferred tax expense (benefit) 373 (61 ) Provision for income taxes $ 1,197 $ 456
Schedule of Effective Income Tax Rate Reconciliation, Amount	2015 2014 Federal statutory rate 34 34 Computed statutory tax expense $ 1,468 $ 800 Increase (decrease) in tax resulting from: Tax-exempt interest income (148 ) (169 ) Tax-exempt income from Bank Owned Life Insurance (BOLI) (150 ) ( 149 ) Stock option expense 10 14 Other 17 (40 ) Provision for income taxes $ 1,197 $ 456

Financial Instruments With Of39

Financial Instruments With Off-Balance Sheet Risk and Credit Risk) (Tables)	12 Months Ended
	Dec. 31, 2015
Financial Instruments With Off-Balance Sheet Risk and Credit Risk [Abstract]
Schedule of Financial Instruments with Credit Risk	Notional Amount December 31, 2015 December 31, 2014 Unfunded lines-of-credit $ 106,389 $ 80,589 ACH 15,219 16,316 Letters of credit 6,493 5,034 Total $ 128,101 $ 101,939

Capital Requirements) (Tables)

Capital Requirements) (Tables)	12 Months Ended
	Dec. 31, 2015
Capital Requirements [Abstract]
Schedule of Company's and Bank's Actual Capital Amounts and Ratios	December 31, 2015 Minimum To Be Well Capitalized Minimum Capital Under Prompt Corrective Actual Requirement Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To Risk Weighted Assets) Consolidated $ 59,982 13.39 % $ 35,824 8.00 % N/A N/A Bank $ 58,606 13.10 % $ 35,779 8.00 % $ 44,724 10.00 % Common Equity Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 56,415 12.60 % $ 20,151 4.50 % N/A N/A Bank $ 55,039 12.31 % $ 20,126 4.50 % $ 29,071 6.50 % Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 56,415 12.60 % $ 26,868 6.00 % N/A N/A Bank $ 55,039 12.31 % $ 26,835 6.00 % $ 35,779 8.00 % Tier 1 Capital (To Average Assets) Consolidated $ 56,415 10.05 % $ 22,462 4.00 % N/A N/A Bank $ 55,039 9.81 % $ 22,439 4.00 % $ 28,048 5.00 % December 31, 2014 Minimum To Be Well Capitalized Minimum Capital Under Prompt Corrective Actual Requirement Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To Risk Weighted Assets) Consolidated $ 63,752 17.87 % $ 28,538 8.00 % N/A N/A Bank $ 52,505 15.63 % $ 28,490 8.00 % $ 35,612 10.00 % Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 60,588 16.98 % $ 14,269 4.00 % N/A N/A Bank $ 55,669 14.74 % $ 14,245 4.00 % $ 21,367 6.00 % Tier 1 Capital (To Average Assets) Consolidated $ 60,588 11.38 % $ 21,305 4.00 % N/A N/A Bank $ 55,669 9.86 % $ 21,296 4.00 % $ 26,620 5.00 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Schedule of Available for Sale Securities Measured at Fair Value on a Recurring Basis	Fai r Value Measurements at December 31, 2015 Using: Quoted Prices in Significant Other Significant Active Markets for Observable Unobservable Identical Assets Inputs Inputs Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government agencies $ 11,378 $ - $ 11,378 $ - Corporate bonds 5,964 - 5,964 - Mortgage-backed securities/CMOs 36,687 - 36,687 - Municipal bonds 20,772 - 20,772 - Total securities available for sale $ 74,801 $ - $ 74,801 $ - Fair Value Measurements at December 31, 2014 Using: Quoted Prices in Significant Other Significant Active Markets for Observable Unobservable Identical Assets Inputs Inputs Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government agencies $ 31,528 $ - $ 31,528 $ - Corporate bonds 21,276 - 21,276 - Asset-backed securities 2,105 - 2,105 - Mortgage-backed securities/CMOs 63,220 - 63,220 - Municipal bonds 23,687 - 23,687 - Total securities available for sale $ 141,816 $ - $ 141,816 $ -
Other Real Estate Owned Measured at Fair Value on a Nonrecurring Basis	Fair Value Measurements at December 31, 2014 Using: Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Identical Assets Inputs Inputs Description Balance (Level 1) (Level 2) (Level 3) Assets: Other Real Estate Owned $ 1,177 $ - $ - $ 1,177
Schedule of the Carrying Values and Estimated Fair Values of the Bank's Financial Instruments	Fair Value Measurement at December 31, 2015 using: Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 43,527 $ 43,527 $ - $ - $ 43,527 Securities 74,801 - 74,801 - 74,801 Loans, net 420,097 - - 418,774 418,774 Bank owned life insurance 13,476 - 13,476 - 13,476 Accrued interest receivable 1,611 - 369 1,242 1,611 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 377,849 $ - $ 377,849 $ - $ 377,849 Certificates of deposit 108,618 - 108,578 - 108,578 Securities sold under agreements to repurchase 23,156 - 23,156 - 23,156 Accrued interest payable 106 - 106 - 106 Fair Value Measurement at December 31, 2014 using: Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Inputs Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 54,107 $ 54,107 $ - $ - $ 54,107 Securities 141,816 - 141,816 - 141,816 Loans, net 310,090 - - 310,806 310,806 Bank owned life insurance 13,034 - 13,034 - 13,034 Accrued interest receivable 1,296 - 566 730 1,296 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 339,625 $ - $ 339,625 $ - $ 339,625 Certificates of deposit 117,094 - 117,189 - 117,189 Securities sold under agreements to repurchase 17,995 - 17,995 - 17,995 Accrued interest payable 117 - 117 - 117

Other Expenses (Tables)

Other Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Other Expenses [Abstract]
Schedule of Other Expenses	December 31, 2015 December 31, 2014 ATM, debit and credit card $ 301 $ 349 Bank franchise tax 381 328 Computer software 332 330 Data processing 1,049 1,025 FDIC deposit insurance assessment 351 268 Marketing, advertising and promotion 505 774 Net OREO write downs and expenses 231 345 Professional fees 544 696 Other 1,345 1,486 $ 5,039 $ 5,601

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Stock Incentive Plans [Abstract]
Schedule of Shares Issued and Available Under Stock Incentive Plans	2003 Plan 2005 Plan 2014 Plan Aggregate shares issuable 128,369 230,000 250,000 Options issued, net of forfeited and expired options (108,054) (124,547) - Cancelled due to Plan expiration (20,315) (105,453) - Remaining available for grant - - 250,000 Grants issued and outstanding: Total vested and unvested shares 30,214 121,904 - Fully vested shares 30,214 115,654 - Exercise price range $ 15.65 18.26 $ 11.74 36.74 N/A
Summary of Stock Option Activity	December 31, 2015 Weighted Average Aggregate Number of Options Exercise Price Intrinsic Value Outstanding at January 1, 2015 180,796 $ 25.86 $ 271 Exercised (1,250) 18.10 Expired (18,400 ) 31.21 Forfeited (9,028 ) 24.46 Outstanding at December 31, 2015 152,118 $ 25.36 $ 354 Options exercisable at December 31, 2015 145,868 $ 25.72 $ 309
Schedule of Options Outstanding and Exercisable, by Exercise Price Range	Weighted-Average Weighted Weighted- Remaining Average Exercise Average Exercise Exercise Price Options Outstanding Contractual Life Options Exercisable $ 11.74 20.00 45,764 4.5 $ 17.17 39,514 $ 17.22 $ 20.01 30.00 58,514 2.2 24.83 58,514 24.83 $ 30.01 36.74 47,840 0.6 33.83 47,840 33.83 Total 152,118 2.4 $ 25.36 145,868 $ 25.72

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings per Share [Abstract]
Schedule of weighted average number of shares used in computing earnings per share	December 31, 2015 December 31, 2014 Weighted Per Weighted Per Average Share Average Share Net Income Shares Amount Net Income Shares Amount Basic earnings per share $ 3,121 2,531,964 $ 1.23 $ 1,898 2,695,426 $ 0.70 Effect of dilutive stock options 12,427 - 11,533 - Diluted earnings per share $ 3,121 2,544,391 $ 1.23 $ 1,898 2,706,959 $ 0.70

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2015
Other Comprehensive Income [Abstract]
Schedule of Comprehensive Income	December 31, December 31, 2015 2014 Available-for-sale securities Realized gains on sale of securities $ 104 $ 24 Tax effect (35 ) (8 ) Realized gains, net of tax $ 69 $ 16

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule of segment reporting information	2015 Bank VNB Wealth Consolidated Net interest income $ 16,281 $ 27 $ 16,308 Provision for loan losses 463 - 463 Non-interest income 3,015 1,856 4,871 Non-interest expense 13,463 2,935 16,398 Income (loss) before income taxes 5,370 (1,052 ) 4,318 Provision for (benefit of) income taxes 1,550 (353 ) 1,197 Net income (loss) $ 3,820 $ (699 ) $ 3,121 Total assets $ 557,685 $ 9,806 $ 567,491 2014 Bank VNB Wealth Consolidated Net interest income $ 14,422 $ 32 $ 14,454 Provision for loan losses 306 - 306 Non-interest income 2,614 2,983 5,597 Non-interest expense 14,576 2,815 17,391 Income before income taxes 2,154 200 2,354 Provision for income taxes 383 73 456 Net income $ 1,771 $ 127 $ 1,898 Total assets $ 526,458 $ 10,595 $ 537,053

Condensed Parent Company Fina47

Condensed Parent Company Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Parent Company Financial Statements [Abstract]
Balance sheet	BALANCE SHEETS December 31, 2015 December 31, 2014 ASSETS Cash and due from banks $ 1,099 $ 7,713 Investment securities 64 64 Investments in subsidiary 54,921 52,549 Other assets 488 541 Total assets $ 56,572 $ 60,867 LIABILITIES & SHAREHOLDERS' EQUITY Other liabilities $ 275 $ 235 Stockholders' equity 56,297 60,632 Total liabilities and stockholders' equity $ 56,572 $ 60,867
Statement of income	STATEMENTS OF INCOME For the years ended December 31, 2015 December 31, 2014 Dividends from subsidiary $ 965 $ 788 Noninterest expense 558 449 Income before income taxes $ 407 $ 339 Income tax (benefit) (180 ) (202) Income before equity in undistributed earnings of subsidiary $ 587 $ 541 Equity in undistributed earnings of subsidiary 2,534 1,357 Net income $ 3,121 $ 1,898
Statement of cash flow	STATEMENTS OF CASH FLOWS For the years ended December 31, 2015 December 31, 2014 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 3,121 $ 1,898 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (2,534) (1,357) Deferred tax benefit (79) (375) Stock option & stock grant expense 30 52 Decrease (increase) in other assets 57 (122) Increase in other liabilities 2 1 Net cash provided from operating activities 597 97 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of restricted securities - (64) Net cash used in investing activities - (64) CASH FLOWS FROM FINANCING ACTIVITIES Stock options exercised or expired 22 180 Stock purchased under stock repurchase plan (6,342) (262) Dividends paid (891) (674) Net cash used in financing activities (7,211) (756) NET DECREASE IN CASH AND CASH EQUIVALENTS (6,614) (723) CASH AND CASH EQUIVALENTS Beginning of period 7,713 8,436 End of period $ 1,099 $ 7,713

Summary of Significant Accoun48

Summary of Significant Accounting Policies (Details) - USD ($)	Feb. 01, 2016	Jul. 18, 2013	Dec. 31, 2015	Dec. 31, 2014	Jan. 15, 2016	Sep. 22, 2014
Summary of Significant Accounting Policies [Abstract]
Shares of common stock authorized			10,000,000	10,000,000
Shares of common stock, par value per share			$ 2.50	$ 2.50
Preferred stock authorized			2,000,000	2,000,000
Preferred stock, par value per share			$ 2.50	$ 2.50
Authorized stock repurchase						400,000
Preferred stock, outstanding
Organization and Significant Accounting Policies [Line Items]
Held to maturity			$ 0	$ 0
Subsequent Event [Member]
Organization and Significant Accounting Policies [Line Items]
Fair market value of the Purchased Relationships					$ 31,500,000
Senior Wealth Advisor for VNBTrust [Member] | Subsequent Event [Member]
Organization and Significant Accounting Policies [Line Items]
Purchase price	$ 1,200,000
Purchase price repayment term	5 years
Minimum [Member]
Organization and Significant Accounting Policies [Line Items]
Estimated useful lives of assets			3 years
Maximum [Member]
Organization and Significant Accounting Policies [Line Items]
Estimated useful lives of assets			20 years
SRCM Holdings LLC [Member]
Organization and Significant Accounting Policies [Line Items]
Gain from the sale				$ 302,000
VNBTrust, National Association [Member] | SRCM Holdings LLC [Member]
Organization and Significant Accounting Policies [Line Items]
Period for which counterparty to agreement will pay quarterly payments		10 years
Acquisitions royalty payments as percentage of the management and performance fee revenue received by counterparty from limited partners of the Fund		20.00%
Acquisitions royalty payments as percentage of the management and performance fee revenue received by counterparty for opened accounts within 30 days of the Closing Date		20.00%
Ongoing referral payments percentage of the management and performance fee revenue received by counterparty from from clients referred by the Company and its affiliates		20.00%

Securities (Amortized Cost and

Securities (Amortized Cost and Fair Values of Securities Available for Sale) (Details)) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available for Sale
Amortized Cost	$ 74,979	$ 141,749
Gross Unrealized Gains	447	870
Gross Unrealized (Losses)	(625)	(803)
Available for Sale, Fair Value	74,801	141,816
U.S. Government agencies [Member]
Available for Sale
Amortized Cost	11,260	31,189
Gross Unrealized Gains	137	395
Gross Unrealized (Losses)	(19)	(56)
Available for Sale, Fair Value	11,378	31,528
Corporate bonds [Member]
Available for Sale
Amortized Cost	$ 6,027	21,373
Gross Unrealized Gains		21
Gross Unrealized (Losses)	$ (63)	(118)
Available for Sale, Fair Value	5,964	21,276
Asset-backed securities [Member]
Available for Sale
Amortized Cost		$ 2,133
Gross Unrealized Gains
Gross Unrealized (Losses)		$ (28)
Available for Sale, Fair Value		2,105
Mortgage-backed securities/CMOs [Member]
Available for Sale
Amortized Cost	37,077	63,327
Gross Unrealized Gains	60	297
Gross Unrealized (Losses)	(450)	(404)
Available for Sale, Fair Value	36,687	63,220
Municipal bonds [Member]
Available for Sale
Amortized Cost	20,615	23,727
Gross Unrealized Gains	250	157
Gross Unrealized (Losses)	(93)	(197)
Available for Sale, Fair Value	$ 20,772	$ 23,687

Securities (Narrative) (Details

Securities (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Schedule of Investments [Line Items]
Held to maturity	$ 0	$ 0
Restricted securities, at cost	1,681,000	1,565,000
Proceeds from the sales and calls of securities	46,500,000	7,500,000
Gains on sales of securities	104,000	24,000
Proceeds from calls of additional securities	25,900,000
Gains on sales of additional securities	60,000
Securities pledged to secure deposits and for other purposes required by law	42,200,000	23,800,000
Held to maturity, Fair value	$ 0	$ 0
Number of securities designated as available for sale securities having unrealized loss | item	42
Mortgage-backed securities/CMOs [Member]
Schedule of Investments [Line Items]
Number of securities designated as available for sale securities having unrealized loss | item	27
Municipal bonds [Member]
Schedule of Investments [Line Items]
Percentage of securities rated with AA or higher ratings	79.00%
Percentage of securities as general obligation bonds with issuers that are geographically diverse	74.00%
Number of securities designated as available for sale securities having unrealized loss | item	9
Corporate bonds [Member]
Schedule of Investments [Line Items]
Number of securities designated as available for sale securities having unrealized loss | item	5
Other security [Member]
Schedule of Investments [Line Items]
Gains on sales of securities	$ 44,000
Agency note [Member]
Schedule of Investments [Line Items]
Number of securities designated as available for sale securities having unrealized loss | item	1

Securities (Schedule of Unreali

Securities (Schedule of Unrealized Losses) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	$ 29,755	$ 27,731
Continuous Unrealized Loss Position of 12 Months or More, Fair value	12,392	41,416
Total, Fair value	42,147	69,147
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(306)	(177)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(319)	(626)
Total, Unrealized losses	$ (625)	(803)
U.S. Government agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value		6,375
Continuous Unrealized Loss Position of 12 Months or More, Fair value	$ 980	966
Total, Fair value	$ 980	7,341
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses		(21)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	$ (19)	(35)
Total, Unrealized losses	(19)	(56)
Corporate bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	$ 5,964	13,213
Continuous Unrealized Loss Position of 12 Months or More, Fair value		3,032
Total, Fair value	$ 5,964	16,245
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	$ (63)	(102)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses		(16)
Total, Unrealized losses	$ (63)	(118)
Asset-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value		98
Continuous Unrealized Loss Position of 12 Months or More, Fair value		2,007
Total, Fair value		$ 2,105
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses		$ (28)
Total, Unrealized losses		(28)
Mortgage-backed/CMOs [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	21,003	6,276
Continuous Unrealized Loss Position of 12 Months or More, Fair value	9,504	25,081
Total, Fair value	30,507	31,357
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(212)	(35)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(238)	(369)
Total, Unrealized losses	(450)	(404)
Municipal bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	2,788	1,769
Continuous Unrealized Loss Position of 12 Months or More, Fair value	1,908	10,330
Total, Fair value	4,696	12,099
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(31)	(19)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(62)	(178)
Total, Unrealized losses	$ (93)	$ (197)

Securities (Schedule of Amortiz

Securities (Schedule of Amortized Cost and Fair Values of Securities Available For Sale Based upon Contractual Maturities and by Major Investment Categories) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Amortized Cost
Total Securities Available for Sale	$ 74,979
Fair Value
Total Securities Available for Sale	74,801
U.S. Government agencies [Member]
Amortized Cost
One year or less	5,007
After one year to five years	3,309
After five years to ten years	2,944
Total Securities Available for Sale	11,260
Fair Value
One year or less	5,028
After one year to five years	3,367
After five years to ten years	2,983
Total Securities Available for Sale	11,378
Corporate bonds [Member]
Amortized Cost
After one year to five years	4,040
After five years to ten years	1,987
Total Securities Available for Sale	6,027
Fair Value
After one year to five years	4,012
After five years to ten years	1,952
Total Securities Available for Sale	5,964
Mortgage-backed/CMOs [Member]
Amortized Cost
After one year to five years	555
After five years to ten years	9,969
Ten years or more	26,553
Total Securities Available for Sale	37,077
Fair Value
After one year to five years	548
After five years to ten years	9,892
Ten years or more	26,247
Total Securities Available for Sale	36,687
Municipal bonds [Member]
Amortized Cost
One year or less	105
After one year to five years	2,097
After five years to ten years	11,286
Ten years or more	7,127
Total Securities Available for Sale	20,615
Fair Value
One year or less	105
After one year to five years	2,110
After five years to ten years	11,427
Ten years or more	7,130
Total Securities Available for Sale	$ 20,772

Loans (Schedule of Composition

Loans (Schedule of Composition of Loan Portfolio by Loan Classification) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 423,664	$ 313,254
Allowance for loan losses	(3,567)	(3,164)
Total loans, net	420,097	310,090
Commercial and industrial - organic [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	47,215	46,125
Commercial and industrial - syndicated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	23,653	14,815
Total commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	70,868	60,940
Residential construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,178	337
Other construction and land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	16,733	11,575
Total construction and land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	18,911	11,912
1-4 family residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	63,544	60,162
Home equity lines of credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	27,599	25,498
Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	20,209	26,462
Commercial owner occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	66,244	60,868
Commercial non-owner occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	91,805	54,012
Total real estate mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	269,401	227,002
Consumer revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	17,174	3,428
Consumer all other credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	11,655	$ 9,972
Student loans purchased [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	35,655
Total Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 64,484	$ 13,400

Loans (Narrative) (Details)

Loans (Narrative) (Details)	3 Months Ended
	Dec. 31, 2015USD ($)item	Jun. 30, 2015item	Dec. 31, 2014USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 423,664,000		$ 313,254,000
Deposit account overdrafts	$ 38,000		53,000
Other real estate owned, net of valuation allowance			1,177,000
Commercial owner occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 66,244,000		60,868,000
Real Estate Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	18,911,000		11,912,000
Total Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 64,484,000		$ 13,400,000
Student loans purchased [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of student loans purchased included in consumer loans package | item	2	2
Total loans	$ 35,655,000

Loans (Schedule of Activity in

Loans (Schedule of Activity in Related Party Loans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Activity in related party loans
Balance outstanding at the beginning of period	$ 10,841	$ 6,526
Principal additions	10,445	8,043
Principal reductions	(9,730)	(3,728)
Balance outstanding at the end of period	$ 11,556	$ 10,841

Loans (Non-Accrual Loans by Loa

Loans (Non-Accrual Loans by Loan Classification) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total nonaccrual loans	$ 191	$ 218
Other construction and land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total nonaccrual loans	59	69
1-4 family residential mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total nonaccrual loans	$ 132	$ 149

Loans (Schedule of Aging of Pas

Loans (Schedule of Aging of Past Due Loans) (Details) $ in Thousands	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loans which are 90 days or more past due | item	0
Past Due and Non-Accrual Loans
Total Past Due	$ 1,323	$ 73
Current	422,341	313,181
Total Loans	$ 423,664	$ 313,254
90 Days Past Due and Still Accruing
30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 1,245	$ 19
60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 78	$ 54
90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - organic [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 251	$ 6
Current	46,964	46,119
Total Loans	$ 47,215	$ 46,125
90 Days Past Due and Still Accruing
Commercial and industrial - organic [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 211	$ 6
Commercial and industrial - organic [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 40
Commercial and industrial - organic [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - syndicated [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	$ 23,653	$ 14,815
Total Loans	$ 23,653	$ 14,815
90 Days Past Due and Still Accruing
Commercial and industrial - syndicated [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - syndicated [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - syndicated [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Residential construction [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	$ 2,178	$ 337
Total Loans	$ 2,178	$ 337
90 Days Past Due and Still Accruing
Residential construction [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Residential construction [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Residential construction [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Other construction and land [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 7
Current	16,726	$ 11,575
Total Loans	$ 16,733	$ 11,575
90 Days Past Due and Still Accruing
Other construction and land [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 7
Other construction and land [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Other construction and land [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Total construction and land [Member]
Past Due and Non-Accrual Loans
Total Loans	$ 18,911	$ 11,912
1-4 family residential [Member]
Past Due and Non-Accrual Loans
Total Past Due	192	24
Current	63,352	60,138
Total Loans	$ 63,544	$ 60,162
90 Days Past Due and Still Accruing
1-4 family residential [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 156
1-4 family residential [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 36	$ 24
1-4 family residential [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	$ 27,599	$ 25,498
Total Loans	$ 27,599	$ 25,498
90 Days Past Due and Still Accruing
Home equity lines of credit [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Multifamily [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	$ 20,209	$ 26,462
Total Loans	$ 20,209	$ 26,462
90 Days Past Due and Still Accruing
Multifamily [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Multifamily [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Multifamily [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial owner occupied [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	$ 66,244	$ 60,868
Total Loans	$ 66,244	$ 60,868
90 Days Past Due and Still Accruing
Commercial owner occupied [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial owner occupied [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial owner occupied [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial non-owner occupied real estate [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	$ 91,805	$ 54,012
Total Loans	$ 91,805	$ 54,012
90 Days Past Due and Still Accruing
Commercial non-owner occupied real estate [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial non-owner occupied real estate [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial non-owner occupied real estate [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Consumer revolving credit [Member]
Past Due and Non-Accrual Loans
Total Past Due		$ 1
Current	$ 17,174	3,427
Total Loans	$ 17,174	$ 3,428
90 Days Past Due and Still Accruing
Consumer revolving credit [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due		$ 1
Consumer revolving credit [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Consumer revolving credit [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Consumer all other credit [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 59	$ 42
Current	11,596	9,930
Total Loans	$ 11,655	$ 9,972
90 Days Past Due and Still Accruing
Consumer all other credit [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 58	$ 12
Consumer all other credit [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 1	$ 30
Consumer all other credit [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Total consumer [Member]
Past Due and Non-Accrual Loans
Total Loans	$ 64,484	$ 13,400
Student loans purchased [Member]
Past Due and Non-Accrual Loans
Total Past Due	814
Current	34,841
Total Loans	$ 35,655
90 Days Past Due and Still Accruing
Student loans purchased [Member] | 30-59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 813
Student loans purchased [Member] | 60-89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 1
Student loans purchased [Member] | 90 Days or More Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due

Loans (Impaired Loans by Loan C

Loans (Impaired Loans by Loan Classification) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment, with a valuation allowance
Unpaid Principal Balance, with a valuation allowance
Associated Allowance, with a valuation allowance
Average Recorded Investment, with a valuation allowance
Interest Income Recognized, with a valuation allowance
Recorded Investment, total	$ 1,619	$ 1,697
Unpaid Principal Balance, total	$ 1,688	$ 1,757
Associated Allowance, total
Average Recorded Investment, total	$ 1,833	$ 1,736
Interest Income Recognized, total	$ 70	80
Commercial and industrial - organic [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance
Unpaid Principal Balance, without a valuation allowance
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	$ 4
Interest Income Recognized, without a valuation allowance
Other construction and land [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	$ 59	69
Unpaid Principal Balance, without a valuation allowance	$ 103	$ 109
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	$ 64	$ 79
Interest Income Recognized, without a valuation allowance		1
1-4 family residential mortgages [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	499	525
Unpaid Principal Balance, without a valuation allowance	$ 524	$ 545
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	$ 685	$ 437
Interest Income Recognized, without a valuation allowance	23	16
Home equity lines of credit [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, without a valuation allowance		50
Interest Income Recognized, without a valuation allowance		3
Commercial owner occupied real estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance		1,103
Unpaid Principal Balance, without a valuation allowance		$ 1,103
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance		$ 1,124
Interest Income Recognized, without a valuation allowance		$ 60
Commercial non-owner occupied real estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	1,061
Unpaid Principal Balance, without a valuation allowance	$ 1,061
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	$ 1,080	$ 46
Interest Income Recognized, without a valuation allowance	$ 47

Loans (Schedule of Troubled Deb

Loans (Schedule of Troubled Debt Restructurings) (Details) $ in Thousands	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)item
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	4	4
Total Troubled Debt Restructurings | $	$ 1,461	$ 1,518
Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	3	3
Total Troubled Debt Restructurings | $	$ 1,427	$ 1,479
Performing [Member] | 1-4 family residential mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	2	2
Total Troubled Debt Restructurings | $	$ 366	$ 376
Performing [Member] | Commercial owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	1	1
Total Troubled Debt Restructurings | $	$ 1,061	$ 1,103
Nonperforming [Member] | Other construction and land [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	1	1
Total Troubled Debt Restructurings | $	$ 34	$ 39

Loans (Schedule of Loans Modifi

Loans (Schedule of Loans Modified Under the Terms of a TDR) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)item
Financing Receivable, Modifications [Line Items]
Number of Loans | item	2
Pre-Modification Recorded Balance	$ 196
Post-Modification Recorded Balance	$ 194
Other construction and land [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | item	1
Pre-Modification Recorded Balance	$ 40
Post-Modification Recorded Balance	$ 39
1-4 family residential mortgages [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | item	1
Pre-Modification Recorded Balance	$ 156
Post-Modification Recorded Balance	$ 155

Allowance for Loan Losses (Past

Allowance for Loan Losses (Past Due Aging by Loan Classification) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 3,164	$ 3,360
Charge-offs	(141)	(551)
Recoveries	81	49
Net charge-offs	(60)	(502)
Provision for loan losses	463	306
Ending Balance	$ 3,567	$ 3,164

Allowance for Loan Losses (Loan

Allowance for Loan Losses (Loan Portfolio Designated by the Internal Risk Ratings Assigned to Each Credit) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 423,664	$ 313,254
Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,574	3,813
Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	58,308	36,081
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	355,317	268,484
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,251	1,026
Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 6,214	$ 3,850
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 47,215	$ 46,125
Commercial and industrial - organic [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,238	3,579
Commercial and industrial - organic [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	30,221	23,261
Commercial and industrial - organic [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	15,700	18,487
Commercial and industrial - organic [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	25	64
Commercial and industrial - organic [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 31	$ 734
Commercial and industrial - organic [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 23,653	$ 14,815
Commercial and industrial - syndicated [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial and industrial - syndicated [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial and industrial - syndicated [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 20,691	$ 14,815
Commercial and industrial - syndicated [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial and industrial - syndicated [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 2,962
Commercial and industrial - syndicated [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 2,178	$ 337
Residential construction [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Residential construction [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Residential construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 2,178	$ 337
Residential construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Residential construction [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Residential construction [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Other construction and land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 16,733	$ 11,575
Other construction and land [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Other construction and land [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Other construction and land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 15,591	$ 10,903
Other construction and land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	515	507
Other construction and land [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 627	$ 165
Other construction and land [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
1-4 family residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 63,544	$ 60,162
1-4 family residential [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
1-4 family residential [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,500	$ 1,910
1-4 family residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	60,801	56,968
1-4 family residential [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	650	455
1-4 family residential [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 593	$ 829
1-4 family residential [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Home equity lines of credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 27,599	$ 25,498
Home equity lines of credit [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Home equity lines of credit [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Home equity lines of credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 27,517	$ 25,411
Home equity lines of credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Home equity lines of credit [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 82	$ 87
Home equity lines of credit [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 20,209	$ 26,462
Multifamily [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Multifamily [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Multifamily [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 20,209	$ 26,462
Multifamily [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Multifamily [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Multifamily [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 66,244	$ 60,868
Commercial owner occupied [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial owner occupied [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial owner occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 65,497	$ 58,890
Commercial owner occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial owner occupied [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 747	$ 1,978
Commercial owner occupied [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial non-owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 91,805	$ 54,012
Commercial non-owner occupied [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial non-owner occupied [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial non-owner occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 89,619	$ 54,012
Commercial non-owner occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,061
Commercial non-owner occupied [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,125
Commercial non-owner occupied [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 17,174	$ 3,428
Consumer revolving credit [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	104	34
Consumer revolving credit [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	16,524	3,054
Consumer revolving credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 540	$ 332
Consumer revolving credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Consumer revolving credit [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 6	$ 8
Consumer revolving credit [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 11,655	$ 9,972
Consumer all other credit [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	232	200
Consumer all other credit [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	10,063	7,856
Consumer all other credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,319	$ 1,867
Consumer all other credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Consumer all other credit [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 41	$ 49
Consumer all other credit [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Student loans purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 35,655
Student loans purchased [Member] | Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Student loans purchased [Member] | Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Student loans purchased [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 35,655
Student loans purchased [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Student loans purchased [Member] | Sub-standard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans
Student loans purchased [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans

Allowance for Loan Losses (Allo

Allowance for Loan Losses (Allowance for Credit Losses Rollforward by Portfolio Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses:
Beginning Balance	$ 3,164	$ 3,360
Charge-offs	(141)	(551)
Recoveries	81	49
Provision for (recovery of) loan losses	463	306
Ending Balance	$ 3,567	$ 3,164
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 3,567	$ 3,164
Financing Receivables:
Individually evaluated for impairment	1,619	1,697
Collectively evaluated for impairment	422,045	311,557
Ending Balance	423,664	313,254
Commercial Loan [Member]
Allowance for loan losses:
Beginning Balance	674	340
Charge-offs	(126)	(286)
Recoveries	35	32
Provision for (recovery of) loan losses	214	588
Ending Balance	$ 797	$ 674
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 797	$ 674
Financing Receivables:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 70,868	$ 60,940
Ending Balance	70,868	60,940
Real Estate Construction [Member]
Allowance for loan losses:
Beginning Balance	$ 102	$ 198
Charge-offs
Recoveries
Provision for (recovery of) loan losses	$ 57	$ (96)
Ending Balance	$ 159	$ 102
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 159	$ 102
Financing Receivables:
Individually evaluated for impairment	59	69
Collectively evaluated for impairment	18,852	11,843
Ending Balance	18,911	11,912
Real Estate Mortgage [Member]
Allowance for loan losses:
Beginning Balance	2,360	2,788
Charge-offs	(12)	(262)
Recoveries	46	10
Provision for (recovery of) loan losses	198	(176)
Ending Balance	$ 2,592	$ 2,360
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 2,592	$ 2,360
Financing Receivables:
Individually evaluated for impairment	1,560	1,628
Collectively evaluated for impairment	267,841	225,374
Ending Balance	269,401	227,002
Total Consumer [Member]
Allowance for loan losses:
Beginning Balance	28	34
Charge-offs	$ (3)	(3)
Recoveries		7
Provision for (recovery of) loan losses	$ (6)	(10)
Ending Balance	$ 19	$ 28
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 19	$ 28
Financing Receivables:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 64,484	$ 13,400
Ending Balance	$ 64,484	$ 13,400

Allowance for Loan Losses (Narr

Allowance for Loan Losses (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Allowance for Loan Losses [Abstract]
Impaired loans	$ 1,619	$ 1,697

Other Real Estate Owned (Narrat

Other Real Estate Owned (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)item
Other Real Estate Owned [Abstract]
Other Real Estate, Foreclosed Assets, and Repossessed Assets		$ 1,177,000
Number of residential properties | item	1	1
Other OREO expenses	$ 39,000	$ 59,000

Other Real Estate Owned (Schedu

Other Real Estate Owned (Schedule of Changes in Balance for OREO) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Real Estate [Roll Forward]
Balance at beginning of year, gross	$ 2,114	$ 3,133
Transfer from loans		244
Previously recognized impairment losses on disposition	$ (1,129)	(101)
Net loss on sale of property		(27)
Sales proceeds	$ (985)	(1,135)
Balance at end of year, gross		2,114
Less: valuation allowance		(937)	$ (761)
Balance at end of year, net		$ 1,177

Other Real Estate Owned (Sche67

Other Real Estate Owned (Schedule of Changes in Valuation Allowance for OREO) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Changes in the valuation allowance for OREO
Balance at beginning of year	$ 937	$ 761
Valuation allowance	192	277
Charge-offs	$ (1,129)	(101)
Balance at end of year		$ 937

Premises and Equipment (Summary

Premises and Equipment (Summary of Premises and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Premises and Equipment [Line Items]
Premises and equipment, gross	$ 24,473	$ 24,586
Less: accumulated depreciation and amortization	15,805	15,121
Premises and equipment, net	8,668	9,465
Leasehold improvements [Member]
Premises and Equipment [Line Items]
Premises and equipment, gross	15,307	15,703
Building and land [Member]
Premises and Equipment [Line Items]
Premises and equipment, gross	1,215	1,215
Construction and fixed assets in progress [Member]
Premises and Equipment [Line Items]
Premises and equipment, gross	14	110
Furniture and equipment [Member]
Premises and Equipment [Line Items]
Premises and equipment, gross	5,941	5,683
Computer software [Member]
Premises and Equipment [Line Items]
Premises and equipment, gross	$ 1,996	$ 1,875

Premises and Equipment (Narrati

Premises and Equipment (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating lease [Line Item]
Rent expense	$ 961,000	$ 940,000
Minimum [Member]
Operating lease [Line Item]
Lease term	1 year
Maximum [Member]
Operating lease [Line Item]
Lease term	20 years

Premises and Equipment (Schedul

Premises and Equipment (Schedule of Future Minimum Rental Payments Under Operating Leases) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Future minimum rental payments
2,016	$ 804
2,017	735
2,018	677
2,019	597
2,020	600
Thereafter	2,668
Total	$ 6,081

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deposits [Abstract]
Time Deposits, $250,000 or More	$ 35,300,000	$ 39,000,000
Brokered deposits	17,200,000	18,700,000
Deposit account overdrafts	38,000	$ 53,000
Aggregate amount of related party deposits	$ 5,500,000

Deposits (Schedule of Maturitie

Deposits (Schedule of Maturities of Time Deposits) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deposits [Abstract]
2,016	$ 102,687
2,017	3,389
2,018	915
2,019	778
2,020	849
Total	$ 108,618	$ 117,094

Income Taxes (Schedule of Net D

Income Taxes (Schedule of Net Deferred Tax Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 1,130	$ 970
Non-accrual loan interest	8	5
Stock option/grant expense	240	316
Start-up expenses	56	60
Home equity closing costs	$ 63	66
OREO valuation allowance		319
Deferred compensation expense	$ 14	$ 14
Securities available for sale unrealized loss	61
Depreciation	610	$ 696
Deferred tax assets	$ 2,182	2,446
Deferred tax liabilities:
Securities available for sale unrealized gain		23
Deferred loan costs	$ 106	57
Deferred tax liabilities	106	80
Net deferred tax assets	$ 2,076	$ 2,366

Income Taxes (Schedule of Provi

Income Taxes (Schedule of Provision for Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Provision for income taxes
Current tax expense	$ 824	$ 517
Deferred tax expense (benefit)	373	(61)
Provision for income taxes	$ 1,197	$ 456

Income Taxes (Schedule of Effec

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation, Amount) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Federal statutory rate	34.00%	34.00%
Computed statutory tax expense	$ 1,468	$ 800
Increase (decrease) in tax resulting from:
Tax-exempt interest income	(148)	(169)
Tax-exempt income from Bank Owned Life Insurance (BOLI)	(150)	(149)
Stock option expense	10	14
Other	17	(40)
Provision for income taxes	$ 1,197	$ 456

Commitments and Contingent Li76

Commitments and Contingent Liabilities (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingent Liabilities [Line Items]
Daily average required balances	$ 0	$ 0

Financial Instruments With Of77

Financial Instruments With Off-Balance Sheet Risk and Credit Risk (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financial Instruments With Off-Balance Sheet Risk and Credit Risk [Abstract]
Commitment letters	$ 21,500,000	$ 23,300,000
Commitment letters expiration period	120 days
Deposits in other financial institutions in excess of amounts insured by the FDIC	$ 862,000

Financial Instruments With Of78

Financial Instruments With Off-Balance Sheet Risk and Credit Risk (Schedule of Financial Instruments with Credit Risk) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financial Instruments with Credit Risk [Line Items]
Notional Amount	$ 128,101	$ 101,939
Unfunded lines-of-credit [Member]
Financial Instruments with Credit Risk [Line Items]
Notional Amount	106,389	80,589
ACH [Member]
Financial Instruments with Credit Risk [Line Items]
Notional Amount	15,219	16,316
Letters of credit [Member]
Financial Instruments with Credit Risk [Line Items]
Notional Amount	$ 6,493	$ 5,034

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	5 Months Ended	12 Months Ended
	May. 19, 2015	Dec. 31, 2015	Dec. 31, 2014
Related Party Transactions [Line Items]
Royalty income		$ 140,000	$ 593,000
Director [Member]
Related Party Transactions [Line Items]
Rental expenditures (including reimbursements for taxes, insurance, and other expenses)		$ 465,000
Number of common stock purchased under stock repurchase program		23,285
Aggregate purchase price		$ 533,227
Swift Run Capital Management [Member]
Related Party Transactions [Line Items]
Ownership interest		9.00%
Number of common stock purchased under stock repurchase program	190,152
Aggregate purchase price	$ 4,354,481
Share price (in dollars per share)	$ 22.90
Revenue from related parties	$ 58,000
Royalty income	$ 42,000

Capital Requirements (Schedule

Capital Requirements (Schedule of Company and Bank Actual Capital Amounts and Ratios) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Total Capital, Amount
Total Capital, Actual, Amount	$ 59,982	$ 63,752
Total Capital, Minimum Capital Requirement, Amount	35,824	28,538
Common Equity Tier 1 Capital, Amount
Common Equity Tier 1 Capital, Actual, Amount	56,415
Common Equity Tier 1 Capital, Minimum Capital Requirement, Amount	20,151
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	56,415	60,588
Tier 1 Capital, Minimum Capital Requirement, Amount	26,868	14,269
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	56,415	60,588
Tier 1 Capital, Minimum Capital Requirement, Amount	$ 22,462	$ 21,305
Total Capital, Ratio
Total Capital (To Risk Weighted Assets), Ratio	13.39%	17.87%
Total Capital, Minimum Capital Requirement, Ratio	8.00%	8.00%
Tier 1 Capital (To Risk Weighted Assets), Ratio	12.60%	16.98%
Tier 1 Capital, Minimum Capital Requirement, Ratio	6.00%	4.00%
Common Equity Tier 1 Capital, Ratio
Common Equity Tier 1 Capital (To Risk Weighted Assets), Ratio	12.60%
Common Equity Tier 1 Capital, Minimum Capital Requirement, Ratio	4.50%
Tier 1 Capital, Ratio
Tier 1 Capital (To Average Assets), Ratio	10.05%	11.38%
Tier 1 Capital, Minimum Capital Requirement, Ratio	4.00%	4.00%
Bank [Member]
Total Capital, Amount
Total Capital, Actual, Amount	$ 58,606	$ 52,505
Total Capital, Minimum Capital Requirement, Amount	35,779	28,490
Total Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Amount	44,724	35,612
Common Equity Tier 1 Capital, Amount
Common Equity Tier 1 Capital, Actual, Amount	55,039
Common Equity Tier 1 Capital, Minimum Capital Requirement, Amount	20,126
Common Equity Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	29,071
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	55,039	55,669
Tier 1 Capital, Minimum Capital Requirement, Amount	26,835	14,245
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Amount	35,779	21,367
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	55,039	55,669
Tier 1 Capital, Minimum Capital Requirement, Amount	22,439	21,296
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Amount	$ 28,048	$ 26,620
Total Capital, Ratio
Total Capital (To Risk Weighted Assets), Ratio	13.10%	15.63%
Total Capital, Minimum Capital Requirement, Ratio	8.00%	8.00%
Total Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Ratio	10.00%	10.00%
Tier 1 Capital (To Risk Weighted Assets), Ratio	12.31%	14.74%
Tier 1 Capital, Minimum Capital Requirement, Ratio	6.00%	4.00%
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Ratio	8.00%	6.00%
Common Equity Tier 1 Capital, Ratio
Common Equity Tier 1 Capital (To Risk Weighted Assets), Ratio	12.31%
Common Equity Tier 1 Capital, Minimum Capital Requirement, Ratio	4.50%
Common Equity Tier 1 Capital ,Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%
Tier 1 Capital, Ratio
Tier 1 Capital (To Average Assets), Ratio	9.81%	9.86%
Tier 1 Capital, Minimum Capital Requirement, Ratio	4.00%	4.00%
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Ratio	5.00%	5.00%

Dividend Restrictions (Narrativ

Dividend Restrictions (Narrative) (Details)	Dec. 31, 2015USD ($)
Dividend Restrictions [Abstract]
Amount available for cash dividends	$ 2,071,000

Fair Value Measurements (Assets

Fair Value Measurements (Assets Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	$ 74,801	$ 141,816
U.S. Government agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	11,378	31,528
Corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	5,964	21,276
Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis		2,105
Mortgage-backed securities/CMOs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	36,687	63,220
Municipal bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	$ 20,772	$ 23,687
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Government agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage-backed securities/CMOs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Municipal bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	$ 74,801	$ 141,816
Significant Other Observable Inputs (Level 2) [Member] | U.S. Government agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	11,378	31,528
Significant Other Observable Inputs (Level 2) [Member] | Corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	5,964	21,276
Significant Other Observable Inputs (Level 2) [Member] | Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis		2,105
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed securities/CMOs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	36,687	63,220
Significant Other Observable Inputs (Level 2) [Member] | Municipal bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	$ 20,772	$ 23,687
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Significant Unobservable Inputs (Level 3) [Member] | U.S. Government agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Significant Unobservable Inputs (Level 3) [Member] | Corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Significant Unobservable Inputs (Level 3) [Member] | Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Significant Unobservable Inputs (Level 3) [Member] | Mortgage-backed securities/CMOs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis
Significant Unobservable Inputs (Level 3) [Member] | Municipal bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis

Fair Value Measurements (Asse83

Fair Value Measurements (Assets Measured at Fair Value on Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements [Abstract]
Impaired loans	$ 1,619	$ 1,697
Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a non-recurring basis		$ 1,177
Other Real Estate Owned [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a non-recurring basis
Other Real Estate Owned [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a non-recurring basis
Other Real Estate Owned [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a non-recurring basis		$ 1,177

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Values and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets
Cash and cash equivalent	$ 43,527	$ 54,107
Securities
Loans, net
Bank owned life insurance
Accrued interest receivable
Liabilities
Demand deposits and interest-bearing transaction and money market accounts
Certificates of deposit
Securities sold under agreements to repurchase
Accrued interest payable
Significant Other Observable Inputs (Level 2) [Member]
Assets
Cash and cash equivalent
Securities	$ 74,801	$ 141,816
Loans, net
Bank owned life insurance	$ 13,476	$ 13,034
Accrued interest receivable	369	566
Liabilities
Demand deposits and interest-bearing transaction and money market accounts	377,849	339,625
Certificates of deposit	108,578	117,189
Securities sold under agreements to repurchase	23,156	17,995
Accrued interest payable	$ 106	$ 117
Significant Unobservable Inputs (Level 3) [Member]
Assets
Cash and cash equivalent
Securities
Loans, net	$ 418,774	$ 310,806
Bank owned life insurance
Accrued interest receivable	$ 1,242	$ 730
Liabilities
Demand deposits and interest-bearing transaction and money market accounts
Certificates of deposit
Securities sold under agreements to repurchase
Accrued interest payable
Carrying Value [Member]
Assets
Cash and cash equivalent	$ 43,527	$ 54,107
Securities	74,801	141,816
Loans, net	420,097	310,090
Bank owned life insurance	13,476	13,034
Accrued interest receivable	1,611	1,296
Liabilities
Demand deposits and interest-bearing transaction and money market accounts	377,849	339,625
Certificates of deposit	108,618	117,094
Securities sold under agreements to repurchase	23,156	17,995
Accrued interest payable	106	117
Fair Value [Member]
Assets
Cash and cash equivalent	43,527	54,107
Securities	74,801	141,816
Loans, net	418,774	310,806
Bank owned life insurance	13,476	13,034
Accrued interest receivable	1,611	1,296
Liabilities
Demand deposits and interest-bearing transaction and money market accounts	377,849	339,625
Certificates of deposit	108,578	117,189
Securities sold under agreements to repurchase	23,156	17,995
Accrued interest payable	$ 106	$ 117

Other Expenses (Schedule of Oth

Other Expenses (Schedule of Other Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Expenses [Abstract]
ATM, debit and credit card	$ 301	$ 349
Bank franchise tax	381	328
Computer software	332	330
Data processing	1,049	1,025
FDIC deposit insurance assessment	351	268
Marketing, advertising and promotion	505	774
Net OREO write downs and expenses	231	345
Professional fees	544	696
Other	1,345	1,486
Total	$ 5,039	$ 5,601

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Employee Benefit Plans [Line item]
Minimum age of employees for Benefit Plans	18 years
Percentage of contribution matched	100.00%
Percentage of employee contribution	6.00%
Employers matching contribution vesting percentage	100.00%	100.00%
Amount of contributed to the plan	$ 308,000	$ 327,000

Stock Incentive Plans (Summary

Stock Incentive Plans (Summary of Shares Issued and Available Under Each Plan) (Details)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
2003 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares issuable	128,369
Options issued, net of forfeited and expired options	(108,054)
Cancelled due to Plan expiration	(20,315)
Remaining available for grant
Total vested and unvested shares	30,214
Fully vested shares	30,214
2003 Stock Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price per share | $ / shares	$ 15.65
2003 Stock Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price per share | $ / shares	$ 18.26
2005 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares issuable	230,000
Options issued, net of forfeited and expired options	(124,547)
Cancelled due to Plan expiration	(105,453)
Remaining available for grant
Total vested and unvested shares	121,904
Fully vested shares	115,654
2005 Stock Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price per share | $ / shares	$ 11.74
2005 Stock Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price per share | $ / shares	$ 36.74
2014 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares issuable	250,000
Options issued, net of forfeited and expired options
Cancelled due to Plan expiration
Remaining available for grant	250,000
Total vested and unvested shares
Fully vested shares

Stock Incentive Plans (Plan dur

Stock Incentive Plans (Plan duration - Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense for stock options and restricted stock grants	$ 30,000	$ 52,000
Unrecognized compensation expense related to the non-vested awards	$ 36,000
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Plan duration	10 years

Stock Incentive Plans (Changes

Stock Incentive Plans (Changes in the Stock Options Outstanding) (Details) - Employee stock Option [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Number of Options
Outstanding, at the beginning | shares	180,796
Exercised | shares	(1,250)
Expired | shares	(18,400)
Forfeited | shares	(9,028)
Outstanding, at the end | shares	152,118
Options Exercisable | shares	145,868
Weighted Average Exercise Price
Outstanding, at the beginning | $ / shares	$ 25.86
Exercised | $ / shares	18.10
Expired | $ / shares	31.21
Forfeited | $ / shares	24.46
Outstanding, at the end | $ / shares	25.36
Exercisable | $ / shares	$ 25.72
Aggregate Intrinsic Value
Outstanding, at the beginning | $	$ 271
Outstanding at end | $	354
Exercisable | $	$ 309

Stock Incentive Plans (Options

Stock Incentive Plans (Options and Restricted stock - Narrative) (Details) - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted	5,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Granted

Stock Incentive Plans (Summar91

Stock Incentive Plans (Summary Information Pertaining to Options Outstanding) (Details)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding | shares	152,118
Weighted-Average Remaining Contractual Life	2 years 4 months 24 days
Weighted Average Exercise Price	$ 25.36
Options Exercisable | shares	145,868
Weighted-Average Exercise Price	$ 25.72
$11.74 to 20.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price, Minimum	11.74
Exercise Price, Maximum	$ 20
Options Outstanding | shares	45,764
Weighted-Average Remaining Contractual Life	4 years 6 months
Weighted Average Exercise Price	$ 17.17
Options Exercisable | shares	39,514
Weighted-Average Exercise Price	$ 17.22
$20.01 to 30.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price, Minimum	20.01
Exercise Price, Maximum	$ 30
Options Outstanding | shares	58,514
Weighted-Average Remaining Contractual Life	2 years 2 months 12 days
Weighted Average Exercise Price	$ 24.83
Options Exercisable | shares	58,514
Weighted-Average Exercise Price	$ 24.83
$30.01 to 36.74 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price, Minimum	30.01
Exercise Price, Maximum	$ 36.74
Options Outstanding | shares	47,840
Weighted-Average Remaining Contractual Life	7 months 6 days
Weighted Average Exercise Price	$ 33.83
Options Exercisable | shares	47,840
Weighted-Average Exercise Price	$ 33.83

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Basic earnings per share
Net income (loss)	$ 3,121	$ 1,898
Weighted Average Shares	2,531,964	2,695,426
Per Share Amount	$ 1.23	$ 0.70
Effect of dilutive stock options	12,427	11,533
Effect of dilutive stock options, Per Share Amount
Diluted earnings per share
Net income	$ 3,121	$ 1,898
Weighted Average Shares	2,544,391	2,706,959
Per Share Amount	$ 1.23	$ 0.70

Earnings per Share (Narrative)

Earnings per Share (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Stock options [Member]
Earnings Per Share [Line item]
Securities considered to be anti-dilutive and excluded from earnings per share calculation	82,110	130,677

Other Comprehensive Income (Sch

Other Comprehensive Income (Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale securities
Realized gains on sales of securities	$ 104	$ 24
Tax effect	(35)	(8)
Realized gains, net of tax	$ 69	$ 16

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Segment Reporting [Abstract]
Number of reportable segments | item	2
VNB Wealth [Member]
Segment Reporting Information [Line Items]
Management fees | $	$ 135,000	$ 250,000

Segment Reporting (Schedule of

Segment Reporting (Schedule of Segment Reporting Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net interest income	$ 16,308	$ 14,454
Provision for loan losses	463	306
Non-interest income	4,871	5,597
Non-interest expense	16,398	17,391
Income (loss) before income taxes	4,318	2,354
Provision for (benefit of) income taxes	1,197	456
Net income (loss)	3,121	1,898
Total assets	567,491	537,053
Bank [Member]
Segment Reporting Information [Line Items]
Net interest income	16,281	14,422
Provision for loan losses	463	306
Non-interest income	3,015	2,614
Non-interest expense	13,463	14,576
Income (loss) before income taxes	5,370	2,154
Provision for (benefit of) income taxes	1,550	383
Net income (loss)	3,820	1,771
Total assets	557,685	526,458
VNB Wealth [Member]
Segment Reporting Information [Line Items]
Net interest income	$ 27	$ 32
Provision for loan losses
Non-interest income	$ 1,856	$ 2,983
Non-interest expense	2,935	2,815
Income (loss) before income taxes	(1,052)	200
Provision for (benefit of) income taxes	(353)	73
Net income (loss)	(699)	127
Total assets	$ 9,806	$ 10,595

Condensed Parent Company Fina97

Condensed Parent Company Financial Statements (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Condensed Parent Company Financial Statements [Abstract]
Cash dividend paid	$ 965,000	$ 788,000

Condensed Parent Company Fina98

Condensed Parent Company Financial Statements (Balance Sheet) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Cash and due from banks	$ 14,200	$ 12,834
Investment securities	76,482	143,381
Other assets	5,241	5,799
Total assets	567,491	537,053
LIABILITIES & SHAREHOLDERS' EQUITY
Stockholders' equity	56,297	60,632	$ 58,031
Total liabilities and shareholders' equity	567,491	537,053
Parent Company [Member]
ASSETS
Cash and due from banks	1,099	7,713
Investment securities	64	64
Investments in subsidiary	54,921	52,549
Other assets	488	541
Total assets	56,572	60,867
LIABILITIES & SHAREHOLDERS' EQUITY
Other liabilities	275	235
Stockholders' equity	56,297	60,632
Total liabilities and shareholders' equity	$ 56,572	$ 60,867

Condensed Parent Company Fina99

Condensed Parent Company Financial Statements (Statement of Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement of income [Line Items]
Noninterest expense	$ 16,398	$ 17,391
Income before income taxes	4,318	2,354
Income tax (benefit)	1,197	456
Net income	3,121	1,898
Parent Company [Member]
Statement of income [Line Items]
Dividends from subsidiary	965	788
Noninterest expense	558	449
Income before income taxes	407	339
Income tax (benefit)	(180)	(202)
Income before equity in undistributed earnings of subsidiary	587	541
Equity in undistributed earnings of subsidiary	2,534	1,357
Net income	$ 3,121	$ 1,898

Condensed Parent Company Fin100

Condensed Parent Company Financial Statements (Statement of Cash Flow) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 3,121	$ 1,898
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred tax benefit	373	(61)
Stock option & stock grant expense	30	52
Net cash provided by operating activities	5,540	7,645
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of restricted securities	(116)	80
Net cash used in investing activities	(43,818)	(20,811)
CASH FLOWS FROM FINANCING ACTIVITIES
Stock options exercised or expired	22	180
Stock purchased under stock repurchase plan	(6,342)	(262)
Dividends paid	(891)	(674)
Net cash provided by financing activities	27,698	27,201
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(10,580)	14,035
CASH AND CASH EQUIVALENTS
Beginning of period	54,107	40,072
End of period	43,527	54,107
Parent Company [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	3,121	1,898
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiary	(2,534)	(1,357)
Deferred tax benefit	(79)	(375)
Stock option & stock grant expense	30	52
Decrease (increase) in other assets	57	(122)
Increase in other liabilities	2	1
Net cash provided by operating activities	$ 597	97
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of restricted securities		(64)
Net cash used in investing activities		(64)
CASH FLOWS FROM FINANCING ACTIVITIES
Stock options exercised or expired	$ 22	180
Stock purchased under stock repurchase plan	(6,342)	(262)
Dividends paid	(891)	(674)
Net cash provided by financing activities	(7,211)	(756)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(6,614)	(723)
CASH AND CASH EQUIVALENTS
Beginning of period	7,713	8,436
End of period	$ 1,099	$ 7,713