Virginia National Bankshares (VABK) 10-K 27 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 14, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
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	2,016
Document Fiscal Period Focus	FY
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		2,381,909
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 52,083,644

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 10,047	$ 14,200
Federal funds sold	28,453	29,327
Securities:
Available for sale, at fair value	56,662	74,801
Restricted securities, at cost	1,709	1,681
Total securities	58,371	76,482
Total loans	482,135	423,664
Allowance for loan losses	(3,688)	(3,567)
Total loans, net	478,447	420,097
Premises and equipment, net	8,046	8,668
Bank owned life insurance	13,917	13,476
Goodwill	372
Other intangible assets, net	680
Accrued interest receivable and other assets	6,697	5,241
Total assets	605,030	567,491
Demand deposits:
Noninterest-bearing	176,098	184,574
Interest-bearing	96,869	90,100
Money market deposit accounts	136,658	103,175
Certificates of deposit and other time deposits	115,026	108,618
Total deposits	524,651	486,467
Securities sold under agreements to repurchase	19,700	23,156
Accrued interest payable and other liabilities	1,625	1,571
Total liabilities	545,976	511,194
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; 2,368,777 and 2,412,589 shares issued and outstanding in 2016 and 2015, respectively	5,922	6,031
Capital surplus	21,152	22,214
Retained earnings	32,759	28,170
Accumulated other comprehensive income (loss)	(779)	(118)
Total shareholders' equity	59,054	56,297
Total liabilities and shareholders' equity	$ 605,030	$ 567,491

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [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	2,368,777	2,412,589
Common stock, shares outstanding	2,368,777	2,412,589

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Interest and dividend income:
Loans, including fees	$ 17,691	$ 14,754
Federal funds sold	129	58
Investment securities:
Taxable	978	1,931
Tax exempt	313	435
Dividends	89	83
Other	11	21
Total interest and dividend income	19,211	17,282
Interest expense:
Demand and savings deposits	275	251
Certificates and other time deposits	619	674
Federal funds purchased and securities sold under agreements to repurchase	43	49
Total interest expense	937	974
Net interest income	18,274	16,308
Provision for loan losses	111	463
Net interest income after provision for loan losses	18,163	15,845
Noninterest income:
Trust income	1,969	1,710
Brokerage and insurance income	389	29
Royalty income	40	140
Customer service fees	923	956
Debit/credit card and ATM fees	874	825
Earnings/increase in value of bank owned life insurance	441	442
Fees on mortage sales	230	217
Gains on sales and calls of securities	197	104
Gains (losses) on sales of assets	(19)
Other	439	448
Total noninterest income	5,483	4,871
Noninterest expense:
Salaries and employee benefits	7,814	8,869
Net occupancy	1,872	1,940
Equipment	558	550
Other	5,052	5,039
Total noninterest expense	15,296	16,398
Income before income taxes	8,350	4,318
Provision for income taxes	2,602	1,197
Net income	$ 5,748	$ 3,121
Net income per common share, basic	$ 2.43	$ 1.23
Net income per common share, diluted	$ 2.41	$ 1.23

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 5,748	$ 3,121
Other comprehensive loss
Unrealized losses on securities, net of tax of ($274) and ($48)	(531)	(93)
Reclassification adjustment for realized gains on sales and calls of securities, net of tax of ($67) and ($35)	(130)	(69)
Total other comprehensive loss	(661)	(162)
Total comprehensive income	$ 5,087	$ 2,959

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Unrealized gain on available-for-sale securities, tax	$ (274)	$ (48)
Reclassification adjustment for realized gains on sales and calls of securities, tax	$ (67)	$ (35)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2014	$ 6,721	$ 27,889	$ 25,978	$ 44	$ 60,632
Stock options exercised	3	19			22
Deferred tax adjustment for stock options expired		(75)			(75)
Stock purchased under stock repurchase plan	(693)	(5,649)			(6,342)
Stock option/grant expense		30			30
Cash dividend ($0.375 and $0.49 per share for December 31, 2015 and 2016 respectively)			(929)		(929)
Net income			3,121		3,121
Other comprehensive loss				(162)	(162)
Balance at Dec. 31, 2015	6,031	22,214	28,170	(118)	56,297
Stock options exercised	28	151			179
Deferred tax adjustment for stock options expired		(118)			(118)
Stock purchased under stock repurchase plan	(137)	(1,123)			(1,260)
Stock option/grant expense		28			28
Cash dividend ($0.375 and $0.49 per share for December 31, 2015 and 2016 respectively)			(1,159)		(1,159)
Net income			5,748		5,748
Other comprehensive loss				(661)	(661)
Balance at Dec. 31, 2016	$ 5,922	$ 21,152	$ 32,759	$ (779)	$ 59,054

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Stockholders' Equity [Abstract]
Cash dividend declared, per share	$ 0.49	$ 0.375

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 5,748	$ 3,121
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	111	463
Net amortization and accretion of securities	442	723
Gains on sales and calls of securities	(197)	(104)
Earnings/increase in value of bank owned life insurance	(441)	(442)
Amortization of intangible assets	93
Depreciation and other amortization	1,180	1,164
Net loss on sale of assets	19
Deferred tax expense	77	373
Stock option/stock grant expense	28	30
Writedown of other real estate owned		192
(Increase) decrease in accrued interest receivable and other assets	(1,310)	194
Decrease in accrued interest payable and other liabilities	(458)	(174)
Net cash provided by operating activities	5,292	5,540
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(18,981)	(26,770)
Net increase in restricted investments	(28)	(116)
Proceeds from maturities, calls and principal payments of available for sale securities	23,479	46,461
Proceeds from sale of available for sale securities	12,394	46,459
Net increase in organic loans	(36,212)	(65,977)
Net increase in purchased loans	(22,249)	(44,493)
Purchase of wealth management book of business	(700)
Proceeds from sale of other real estate owned		985
Proceeds from sale of bank premises and equipment	8
Purchase of bank premises and equipment	(585)	(367)
Net cash used in investing activities	(42,874)	(43,818)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand deposits, NOW accounts, and money market accounts	31,776	38,224
Net increase (decrease) in certificates of deposit and other time deposits	6,408	(8,476)
Net (decrease) increase in securities sold under agreements to repurchase	(3,456)	5,161
Common stock repurchased	(1,260)	(6,342)
Proceeds from stock options exercised	179	22
Cash dividends paid	(1,092)	(891)
Net cash provided by financing activities	32,555	27,698
NET DECREASE IN CASH AND CASH EQUIVALENTS	(5,027)	(10,580)
CASH AND CASH EQUIVALENTS:
Beginning of period	43,527	54,107
End of period	38,500	43,527
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash payments for interest	936	985
Cash payments for taxes	2,689	904
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Unrealized loss on available for sale securities	$ (1,002)	$ (246)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
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 shares of common stock with a par value of $2.50 per share. Additionally, the Company is authorized to issue 2,000,000 shares of preferred stock at a par value $2.50 per share. There is currently no preferred stock outstanding. The holding company is regulated under the Bank Holding Company Act of 1956, as amended and is subject to inspection, examination, and supervision by the Federal Reserve Board. On September 22, 2014, the Company announced the approval by its Board of Directors of a stock repurchase program authorizing repurchase of up to 400,000 shares of the Company's common shares through the open market or in privately negotiated transactions. The Company announced on September 21, 2015 that its Board of Directors extended the program for another year. The extended repurchase program expired on September 18, 2016. A total of 343,559 shares were purchased during the life of this program. 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 cities of Charlottesville, Winchester, and Harrisonburg and the counties of Albemarle, Frederick, and Orange. 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”). VNBTrust is a wholly-owned subsidiary of the Bank. 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”). A former officer of VNBTrust is the principal owner of SRCM Holdings. Under the terms of the SRCM Sale Agreement, SRCM Holdings agreed to pay VNBTrust, quarterly during the ten-year period beginning January 1, 2014 and ending December 31, 2023 (the “Term”), (a) ongoing acquisition royalty payments equal to (i) 20% of the management and performance fee revenue received by SRCM from limited partners of the Fund as of the Closing Date and (ii) 20% of the management and performance fee revenue received by SRCM from VNBTrust clients that opened accounts with SRCM within 30 days of the Closing Date, and (b) ongoing referral payments equal to 20% of the management and performance fee revenue received by SRCM from clients referred by the Company and its affiliates to SRCM during the Term. The Company recognized $302,000 as gain from the sale of SRCM in 2013, which amount included an estimate of the present value of the portion of the acquisition royalty payments to be received from management fees during the Term. Each quarter, as the Company receives royalty payments from SRCM, a portion of the payment is applied to write down the contingent asset established for this estimated value. The remaining amount of the payment is applied to noninterest income as royalty income. 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 – The consolidated financial statements include the accounts of the Company, its subsidiary the Bank, and the Bank’s subsidiary VNBTrust (together, “subsidiaries”). All significant intercompany balances and transactions have been eliminated in consolidation. Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, deferred tax assets, valuation of other real estate owned, and fair value measurements. Cash flow reporting – For purposes of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. Cash and cash equivalents consist of cash on hand, funds due from banks, and federal funds sold. Securities sold under agreements to repurchase – The Company sells certain securities under agreements to repurchase. The agreements are treated as collateralized financing transactions and the obligations to repurchase securities sold are reflected as a liability in the accompanying consolidated balance sheets. The dollar amount of the securities underlying the agreements remains in the asset accounts. Securities – Unrestricted investments are to be classified in two categories as described below. ● Securities held to maturity – Securities classified as held to maturity are those debt and equity securities the Company has both the positive intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or changes in general economic conditions. Currently the Company has no securities classified as held to maturity because of Management’s desire to have more flexibility in managing the investment portfolio. ● Securities available for sale – Securities classified as available for sale are those debt and equity securities that the Company intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Company’s assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Securities available for sale are carried at fair value. Unrealized gains or losses are reported as a separate component of other comprehensive income. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. 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 – As members of the Federal Reserve Bank of Richmond (“FRB”) and the Federal Home Loan Bank of Atlanta (“FHLB”), the Company is required to maintain certain minimum investments in the common stock of the FRB and FHLB. Required levels of investments are based upon the Bank’s capital and a percentage of qualifying assets. Additionally, the Company has purchased common stock in CBB Financial Corp. (“CBBFC”), the holding company for Community Bankers Bank. Shares of common stock from the FRB, FHLB and CBBFC are classified as restricted securities which are carried at cost Loans – Loans are reported at the principal balance outstanding net of unearned discounts and of the allowance for loan losses. Interest income on loans is reported on the level-yield method and includes amortization of deferred loan fees and costs over the loan term. Purchased performing loans are accounted for in the same manner as the rest of the loan portfolio. Further information regarding the Company’s accounting policies related to past due loans, non-accrual loans, impaired loans and troubled-debt restructurings is presented in Note 3 - Loans. Allowance for loan losses – The allowance for loan losses is a reserve established through a provision for loan losses charged to expense, which represents management’s best estimate of probable losses inherent in the loan portfolio. The allowance for loan losses includes allowance allocations calculated in accordance with Financial Accounting Standards Board (“FASB”) ASC Topic 310, “Receivables” and allowance allocations calculated in accordance with ASC Topic 450, “Contingencies.” Further information regarding the Company’s policies and methodology used to estimate the allowance for loan losses is presented in Note 4 – Allowance for Loan Losses. Transfers of financial assets – Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company or its subsidiaries – put presumptively beyond reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company or its subsidiaries does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets. Premises and equipment – Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed by the straight-line method based on the estimated useful lives of assets, which range from 3 to 20 years. Expenditures for repairs and maintenance are charged to expense as incurred. The costs of major renewals and betterments are capitalized and depreciated over their estimated useful lives. Upon disposition, the asset and related accumulated depreciation are removed from the books and any resulting gain or loss is charged to income. More information regarding premises and equipment is presented in Note 6 – Premises and Equipment. Intangible Assets – Bank owned life insurance – The Company has purchased life insurance on certain key employees. These policies are recorded at their cash surrender value on the Consolidated Balance Sheets. Income generated from polices is recorded as noninterest income. Fair value measurements – ASC Topic 820, “Fair Value Measurements and Disclosures,” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and requires certain disclosures about fair value measurements. In general, fair values of financial instruments are based upon internally developed models that primarily use, as inputs, observable market-based parameters. Any such valuation adjustments are applied consistently over time. Additional information on fair value measurements is presented in Note 15 – Fair Value Measurements. Stock-based compensation – The Company accounts for all plans under recognition and measurement accounting principles which require that the compensation cost relating to stock-based payment transactions be recognized in the financial statements. Stock-based compensation arrangements include stock options and restricted stock. Stock-based compensation is estimated at the date of grant, using the Black-Scholes option valuation model for determining fair value. The model employs the following assumptions: ● Dividend yield - calculated as the ratio of historical cash dividends paid per share of common stock to the stock price on the date of grant; ● Expected life (term of the option) - based on the average of the contractual life and vesting schedule for the respective option; ● Expected volatility - based on the monthly historical volatility of the Company’s stock price over the expected life of the options; ● Risk-free interest rate - based upon the U.S. Treasury bill yield curve, for periods within the contractual life of the option, in effect at the time of grant. 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 18 – Stock Incentive Plans. Earnings per common share – Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options and are determined using the treasury stock method. Additional information on earnings per share is presented in Note 19 – Earnings per Share. Comprehensive income – Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income. Further information on the Company’s other comprehensive income is presented in Note 20 – Other Comprehensive Income. Advertising costs – The Company follows the policy of charging the costs of advertising to expense as they are incurred. Income taxes – Deferred taxes are provided on the asset and liability method whereby deferred tax assets are recognized for deductible temporary differences, operating loss carry forwards, and tax credit carry forwards. Deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. 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 9 – Income Taxes. VNBTrust – Securities and other property held by VNBTrust in a fiduciary or agency capacity are not assets of the Company and are not included in the accompanying consolidated financial statements. Reclassifications – Certain reclassifications have been made to the prior year financial statements to conform to current year presentation. The results of the reclassifications are not considered material. Recent Accounting Pronouncements 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 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. In March 2016, the FASB issued ASU No. 2016-07, “Investments – Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting.” The amendments in this ASU eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no retroactive adjustment of the investment is required. In addition, the amendments in this ASU require that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendments are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. Early Adoption is permitted. The Company does not expect the adoption of ASU 2016-07 to have a material impact on its consolidated financial statements. During March 2016, the FASB issued ASU No. 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The amendments in this ASU simplify several aspects of the accounting for share-based payment award transactions including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The amendments are effective for public companies for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company does not expect the adoption of ASU 2016-09 to have a material impact on its consolidated financial statements. During June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The amendments in this ASU are effective for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company is currently assessing the impact that ASU 2016-13 will have on its consolidated financial statements. During August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The amendments should be applied using a retrospective transition method to each period presented. If retrospective application is impractical for some of the issues addressed by the update, the amendments for those issues would be applied prospectively as of the earliest date practicable. Early adoption is permitted, including adoption in an interim period. The Company does not expect the adoption of ASU 2016-15 to have a material impact on its consolidated financial statements. During January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Under the current implementation guidance in Topic 805, there are three elements of a business – inputs, processes, and outputs. While an integrated set of assets and activities (collectively referred to as a “set”) that is a business usually has outputs, outputs are not required to be present. In addition, all the inputs and processes that a seller uses in operating a set are not required if market participants can acquire the set and continue to produce outputs. The amendments in this ASU provide a screen to determine when a set is not a business. If the screen is not met, the amendments (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output, and (2) remove the evaluation of whether a market participant could replace missing elements. The ASU provides a framework to assist entities in evaluating whether both an input and a substantive process are present. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The amendments in this ASU should be applied prospectively on or after the effective date. No disclosures are required at transition. The Company does not expect the adoption of ASU 2017-01 to have a material impact on its consolidated financial statements. During January 2017, the FASB issued ASU No. 2017-04, “Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” The amendments in this ASU simplify how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Instead, under the amendments in this ASU, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Public business entities that are SEC filers should adopt the amendments in this ASU for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect the adoption of ASU 2017-04 to have a material impact on its consolidated financial statements.

Securities

Securities	12 Months Ended
	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Securities	Note 2 – Securities The amortized cost and fair values of securities available for sale as of December 31, 2016 and December 31, 2015 are as follows: December 31, 2016 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains (Losses) Value U.S. Government agencies $ 14,998 $ - $ (497 ) $ 14,501 Corporate bonds 2,017 - (7 ) 2,010 Mortgage-backed securities/CMOs 25,470 27 (515 ) 24,982 Municipal bonds 15,357 30 (218 ) 15,169 $ 57,842 $ 57 $ (1,237 ) $ 56,662 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 All mortgage-backed securities included in the above tables were issued by U.S. government agencies and corporations. At December 31, 2016, the securities issued by political subdivisions or agencies were highly rated with 89% of the municipal bonds having AA or higher ratings. Approximately 66% of the municipal bonds are general obligation bonds with issuers that are geographically diverse. There were no securities classified as held to maturity as of December 31, 2016 or December 31, 2015. Restricted securities are securities with limited marketability and consist of stock in the FRB, FHLB and CBBFC totaling $1.7 million as of December 31, 2016 and December 31, 2015. These restricted securities are carried at cost as they are not permitted to be traded. For the year ended December 31, 2016, proceeds from the sales of securities amounted to $12.4 million, and gross realized gains on these securities were $51,000. An additional $10.7 million in calls of securities accounted for the additional gross realized gains of $146,000. For the year ended December 31, 2015, proceeds from the sales of securities amounted to $46.5 million, and gross realized gains on these securities were $44,000. An additional $25.8 million in calls of securities accounted for the additional gross realized gains of $60,000 for the year ended December 31, 2015. Securities pledged to secure deposits, and for other purposes required by law, had carrying values of $34.2 million at December 31, 2016 and $42.2 million at December 31, 2015. The decrease in the amount of pledged securities during 2016 resulted from decreased balances in the overnight repurchase agreement program. Year-end securities with unrealized losses, segregated by length of time in a continuous unrealized loss position, were as follows: December 31, 2016 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 $ 14,501 $ (497 ) $ - $ - $ 14,501 $ (497 ) Corporate bonds 2,010 (7 ) - - 2,010 (7 ) Mortgage-backed/CMOs 18,980 (441 ) 2,629 (74 ) 21,609 (515 ) Municipal bonds 10,382 (218 ) - - 10,382 (218 ) $ 45,873 $ (1,163 ) $ 2,629 $ (74 ) $ 48,502 $ (1,237 ) 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 ) As of December 31, 2016, there were $48.5 million, or fifty-six issues, of individual securities in a loss position. These securities have an unrealized loss of $1.2 million and consisted of twenty-six mortgage-backed/CMOs, twenty-two municipal bonds, six Agency notes, and two corporate bonds. 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, 2016, 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, 2016 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 After one year to five years $ 4,998 $ 4,923 After five years to ten years 10,000 9,578 $ 14,998 $ 14,501 Corporate bonds After one year to five years $ 2,017 $ 2,010 $ 2,017 $ 2,010 Mortgage-backed securities/CMOs After one year to five years $ 1,062 $ 1,052 After five years to ten years 6,776 6,696 Ten years or more 17,632 17,234 $ 25,470 $ 24,982 Municipal bonds One year or less $ 1,012 $ 1,015 After one year to five years 3,887 3,879 After five years to ten years 6,407 6,287 Ten years or more 4,051 3,988 $ 15,357 $ 15,169 Total Securities Available for Sale $ 57,842 $ 56,662

Loans

Loans	12 Months Ended
	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Loans	Note 3 – Loans The composition of the loan portfolio by loan classification appears below. December 31, December 31, 2016 2015 Commercial Commercial and industrial - organic $ 41,560 $ 47,215 Commercial and industrial - government guaranteed 5,550 - Commercial and industrial - syndicated 19,107 23,653 Total commercial and industrial 66,217 70,868 Real estate construction and land Residential construction 395 2,178 Commercial construction 4,422 6,214 Land and land development 10,865 10,519 Total construction and land 15,682 18,911 Real estate mortgages 1-4 family residential, first lien, investment 37,538 31,128 1-4 family residential, first lien, owner occupied 16,629 20,883 1-4 family residential, junior lien 2,871 3,770 Home equity lines of credit, first lien 7,912 11,930 Home equity lines of credit, junior lien 14,022 15,670 Farm 11,253 7,762 Multifamily 31,052 20,209 Commercial owner occupied 83,296 66,244 Commercial non-owner occupied 107,062 91,805 Total real estate mortgage 311,635 269,401 Consumer Consumer revolving credit 20,373 17,174 Consumer all other credit 11,328 11,655 Student loans purchased 56,900 35,655 Total consumer 88,601 64,484 Total loans 482,135 423,664 Less: Allowance for loan losses (3,688 ) (3,567 ) Net loans $ 478,447 $ 420,097 The balances in the table above include unamortized premiums and net deferred loan costs and fees. As of December 31, 2016, unamortized premiums on loans purchased during 2016 were $700,000, with no premiums recorded as of December 31, 2015. Net deferred loan costs (fees) totaled $344,000 and $311,000 as of December 31, 2016 and 2015, respectively. Loan origination/risk management. The Company has certain lending policies and procedures in place that are designed to maximize loan income within an acceptable level of risk. Management reviews and the Board of Directors approves lending policies on a regular basis. A reporting system supplements the review process by providing management with frequent reports related to loan production, loan quality, concentrations of credit, loan delinquencies, and nonperforming and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions. Commercial and industrial loans are reported in three 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. Government guaranteed loan balances represent the guaranteed portion of loans which the Company purchased that are 100% guaranteed by either the Small Business Administration (“SBA”) or the United States Department of Agriculture (“USDA”); the originating institution holds the unguaranteed portion of the loan and services it. These loans are typically purchased at a premium. In the event of early prepayment, the Bank may need to write off any unamortized premium. 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. Organic commercial and industrial loans are underwritten after evaluating and understanding the borrower’s ability to operate profitably and prudently expand its business. Management examines current and projected cash flows to determine the ability of borrowers to repay their obligations as agreed. Commercial and industrial loans are primarily made based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not be as expected, and the collateral securing these loans may fluctuate in value. Most commercial and industrial loans are secured by the assets being financed or other business assets such as accounts receivable, inventory or marketable securities and may incorporate personal guarantees; however, some short-term loans may be made on an unsecured basis. In the case of loans secured by accounts receivable, the availability of funds for the repayment of these loans may be substantially dependent on the ability of the borrower to collect amounts due from its customers. The Bank’s loan policies for underwriting syndicated loans are based on the “Interagency Guidance on Leveraged Lending” applicable to national banks supervised by the OCC. Real estate construction and land loans consist primarily of loans for the purchase or refinance of unimproved lots or raw land. Additionally, the Company finances the construction of real estate projects typically where the permanent mortgage will remain with the Company. Specific underwriting guidelines are delineated in the Bank’s loan policies. Commercial real estate loans are subject to underwriting standards and processes similar to commercial and industrial loans, in addition to those specific to real estate loans. These loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial real estate lending typically involves higher loan principal amounts, and the repayment of these loans is generally largely dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy. Management monitors and evaluates commercial real estate loans based on cash flows, collateral, geography and risk grade criteria. As a general rule, the Company avoids financing projects where the source of repayment is dependent upon the sale or operation of the collateral, unless other underwriting factors are present to help mitigate risk. Residential mortgages include consumer purpose 1-to-4 family residential properties and home equity loans as well as investor-owned residential real estate. Consumer purpose loans have underwriting standards that are heavily influenced by statutory requirements, which include, but are not limited to, documentation requirements, limits on maximum loan-to-value percentages, and collection remedies. Loans to finance 1-4 family investment properties are primarily dependent upon rental income generated from the property and secondarily supported by the borrower’s personal income. The Company typically originates residential mortgages with the intention of retaining in its portfolio adjustable-rate mortgages and shorter-term, fixed-rate loans. The Company also originates longer-term, fixed rate loans, which are sold to secondary mortgage market correspondents. Consumer loans are generally small loans spread across many borrowers and are underwritten after determining the ability of the consumer borrower to repay their obligations as agreed. The underwriting standards are heavily influenced by statutory requirements, which include, but are not limited to, documentation requirements and collection remedies. Consumer loans may be secured or unsecured and are comprised of revolving lines, installment loans and other consumer loans. Included in consumer loans are three packages of student loans that were purchased in 2015 and 2016. Along with the purchase of these student loans, the Company purchased surety bonds that fully insure this portion of the Company’s consumer portfolio. Deposit account overdrafts are included in the consumer loan balances and totaled $26,000 and $38,000 at December 31, 2016 and 2015, respectively. Independent loan review is performed by an independent loan review firm that reviews and validates the credit risk program on a periodic basis. Results of these reviews are presented to management and the Audit and Compliance Committee of the Board. The loan review process complements and reinforces the risk identification and assessment decisions made by lenders and credit personnel, as well as the Company’s policies and procedures. Concentrations of credit. Most of the Company’s lending activity occurs within the Commonwealth of Virginia, primarily in the Company’s primary markets and surrounding areas. The majority of the Company’s loan portfolio consists of commercial real estate loans. The Company manages this risk by using specific underwriting policies and procedures for these types of loans and by avoiding excessive concentrations to any one business or industry. Related party loans. In the ordinary course of business, the Company has granted loans to certain directors, principal officers and their affiliates (collectively referred to as “related party loans”). Activity in related party loans during 2016 and 2015 is presented in the following table. 2016 2015 Balance outstanding at beginning of year $ 11,556 $ 10,841 Principal additions 5,126 10,445 Principal reductions (4,104 ) (9,730 ) Balance outstanding at end of year $ 12,578 $ 11,556 Past due, non-accrual and charged-off loans . Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non-accrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. 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. Smaller, unsecured consumer loans are typically charged-off when management judges such loans to be uncollectible or the borrowers file for bankruptcy; these loans are generally not placed in non-accrual status prior to charge-off. In determining whether or not a borrower may be unable to meet payment obligations for each class of loans, the Company considers the borrower’s debt service capacity through the analysis of current financial information, if available, and/or current information with regards to the Company’s collateral position. 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, 2016 December 31, 2015 Land and land development $ 51 $ 59 1-4 family residential mortgages, first lien, owner occupied 116 132 Total nonaccrual loans $ 167 $ 191 The following tables show the aging of past due loans as of December 31, 2016 and December 31, 2015. 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, 2016, the Company had $208,000 in loans that were 90 days or more past due and still accruing. As of December 31, 2015, 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, 2016 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 $ 65 $ 61 $ - $ 126 $ 41,434 $ 41,560 $ - Commercial and industrial - government guaranteed - - - - 5,550 5,550 - Commercial and industrial - syndicated - - - - 19,107 19,107 - Real estate construction and land Residential construction - - - - 395 395 - Commercial construction - - - - 4,422 4,422 - Land and land development - - 22 22 10,843 10,865 - Real estate mortgages 1-4 family residential, first lien, investment 125 - - 125 37,413 37,538 - 1-4 family residential, first lien, owner occupied - - 20 20 16,609 16,629 20 1-4 family residential, junior lien - - - - 2,871 2,871 - Home equity lines of credit, first lien - - - - 7,912 7,912 - Home equity lines of credit, junior lien 36 - - 36 13,986 14,022 - Farm - - - - 11,253 11,253 - Multifamily - - - - 31,052 31,052 - Commercial owner occupied - - - - 83,296 83,296 - Commercial non-owner occupied - - - - 107,062 107,062 - Consumer loans Consumer revolving credit - - - - 20,373 20,373 - Consumer all other credit 1 48 - 49 11,279 11,328 - Student loans purchased 1,316 139 188 1,643 55,257 56,900 188 Total Loans $ 1,543 $ 248 $ 230 $ 2,021 $ 480,114 $ 482,135 $ 208 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 - Commercial construction - - - - 6,214 6,214 - Land and land development 7 - - 7 10,512 10,519 - Real estate mortgages 1-4 family residential, first lien, investment - - - - 31,128 31,128 - 1-4 family residential, first lien, owner occupied 93 - - 93 20,790 20,883 - 1-4 family residential, junior lien 63 36 - 99 3,671 3,770 - Home equity lines of credit, first lien - - - - 11,930 11,930 - Home equity lines of credit, junior lien - - - - 15,670 15,670 - Farm - - - - 7,762 7,762 - 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 $ - Impaired loans. Loans are considered impaired when, based on current information and events, it is probable the Company will be unable to collect all amounts when due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. Impairment is evaluated in total for smaller-balance loans of a similar nature and on an individual loan basis for other loans. If a loan is impaired, a specific valuation allowance is allocated, if necessary, so that the loan is reported net of the impairment, using either the present value of estimated future cash flows at the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. Impaired loans, or portions thereof, are charged off when deemed uncollectible. Regulatory guidelines require the Company to re-evaluate 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, 2016 and December 31, 2015. 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, 2016 and December 31, 2015. Interest income recognized is for the years ended December 31, 2016 and December 31, 2015. December 31, 2016 Unpaid Average Interest Recorded Principal Associated Recorded Income Investment Balance Allowance Investment Recognized Impaired loans without a valuation allowance: Land and land development $ 51 $ 100 $ - $ 55 $ - 1-4 family residential mortgages, first lien, owner occupied 116 147 - 123 - 1-4 family residential mortgages, junior lien 354 354 360 16 Commercial non-owner occupied real estate 1,012 1,012 - 1,036 45 Student loans purchased 889 889 - 498 55 Impaired loans with a valuation allowance - - - - - Total impaired loans $ 2,422 $ 2,502 $ - $ 2,072 $ 116 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 $ - Land and land development 59 103 - 64 - 1-4 family residential mortgage, first lien, owner occupied 132 157 - 200 2 1-4 family residential mortgage, junior lien 367 367 485 21 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 Troubled debt restructurings (“TDRs”) are also considered impaired loans. TDRs occur when the Bank agrees to modify the original terms of a loan by granting a concession that it would not otherwise consider due to the deterioration in the financial condition of the borrower. These concessions are done in an attempt to improve the paying capacity of the borrower, and in some cases to avoid foreclosure, and are made with the intent to restore the loan to a performing status once sufficient payment history can be demonstrated. These concessions could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. Based on newly issued regulatory guidance on Student Lending, the Company has classified 50 of its student loans purchased as TDRs for a total of $889,000 as of December 31, 2016. These borrowers that should have been in repayment have requested and been granted payment extensions or reductions exceeding the maximum lifetime allowable payment forbearance of twelve months (36 months lifetime allowance for military service), as permitted under the regulatory guidance, and are therefore considered restructurings. Student loan borrowers are allowed in-school deferments, plus an automatic six month grace period post in-school status, before repayment is scheduled to begin, and these deferments do not count toward the maximum allowable forbearance. As all student loans purchased are fully insured, the Company does not expect to experience a loss on these loans and interest continues to accrue on these TDRs during any deferment and forbearance periods. 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, 2016 December 31, 2015 No. of Recorded No. of Recorded Loans Investment Loans Investment Performing TDRs 1-4 family residential mortgages, junior lien 2 $ 354 2 $ 367 Commercial non-owner occupied real estate 1 1,012 1 1,061 Student loans purchased 50 889 - - Total performing TDRs 53 $ 2,255 3 $ 1,428 Nonperforming TDRs Land and land development 1 $ 29 1 $ 34 Total TDRs 54 $ 2,284 4 $ 1,462 A summary of loans shown above that were modified as TDRs during the year ended December 31, 2016 is shown below by class. None of the loans shown above were modified as TDRs during 2015. 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. During year ended December 31, 2016 Pre- Post- Modification Modification Number Recorded Recorded of Loans Balance Balance Student loans purchased 50 $ 847 $ 889 Total loans modified during the period 50 $ 847 $ 889 There were no loans modified as TDRs that subsequently defaulted during the years ended December 31, 2016 and 2015 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, 2016 or December 31, 2015.

Allowance for Loan Losses

Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2016
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, 2016 and 2015 appears below: 2016 2015 Balance, beginning of period $ 3,567 $ 3,164 Loans charged off (37 ) (141 ) Recoveries 47 81 Net recoveries (charge-offs) 10 (60 ) Provision for loan losses 111 463 Balance, December 31 $ 3,688 $ 3,567 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 - government guaranteed Commercial and industrial - syndicated Real estate construction and land loan segment: Residential construction Commercial construction Land and land development Real estate mortgage loan segment: 1-4 family residential, first lien, investment 1-4 family residential, first lien, owner occupied 1-4 family residential, junior lien Home equity lines of credit, first lien Home equity lines of credit, junior lien Farm Multifamily Commercial owner occupied Commercial non-owner occupied Consumer loan segment: Consumer revolving credit Consumer all other credit Student loans purchased Beginning with the quarter ended June 30, 2016, management enhanced its methodology for determining the quantitative risk assigned to unimpaired loans in order to capture historical loss information at the loan level, track loss migration through risk grade deterioration, and increase efficiencies related to performing the calculations. Prior to June 30, 2016, under the Bank's allowance model, each loan class was assigned a quantitative loss factor that was primarily based on a rolling twelve-quarter look-back at historical losses for that class. Under the new methodology, the quantitative risk factor for each loan class primarily utilizes a migration analysis loss method based on loss history for the prior twelve quarters. The migration analysis loss method is used for all loan classes except for the following: ● Student loans purchased are fully insured for loss by surety bonds that the Company purchased at the same time that each package of loans was acquired in 2016 and 2015, and the Company has not experienced losses in this class to date. In addition to the insurance, the Company holds a deposit reserve account to offset any losses resulting from the breach of any representations or warranties by the seller. Qualitative factors are applied, and the calculated reserve is net of any deposit reserve accounts. ● Prior to the quarter ended September 30, 2016, there was not an established loss history in the commercial and industrial syndicated loans. The S&P credit and recovery ratings on the credit facilities were utilized to calculate a three-year weighted average historical default rate. During the third quarter of 2016, there was a small loss in the commercial and industrial syndicated loans; therefore, the Company utilized a combination of the migration analysis loss method and the S&P credit and recovery ratings. ● Commercial and industrial government guaranteed loans require no reserve as these are 100% guaranteed by either the Small Business Administration (“SBA”) or the United States Department of Agriculture (“USDA”). Under the historical loss method, quarterly loss rates are calculated for each class by dividing the cumulative gross charge-offs for the past twelve quarters by the average loan balances for the past twelve quarters. Under the migration analysis method, average loss rates are calculated at the risk grade and class levels by dividing the twelve-quarter average net charge-off amount by the twelve-quarter average loan balances. Qualitative factors are combined with these quantitative factors to arrive at the overall general allowances. In addition to the movement to the migration analysis method, the following other changes were implemented for the quarter ended June 30, 2016: ● The number of classes increased from twelve to seventeen to provide greater loan level detail. ● Previously the risk rating “Watch” was included in the “Pass” pool. The “Watch” risk rating was separated to account for the higher level of risk associated with this risk rating. ● A minimum qualitative loss factor has been applied to the “Good” risk ratings in an abundance of caution. Previously a loan loss reserve had not been applied to loans risk rated “Good”; however, management deemed a nominal reserve as prudent. The following table represents the effect of the changes in methodology from that used in prior periods on the provision for loan losses through the twelve months ended December 31, 2016: Provision Provision (Recovery) (Recovery) Based on Based on New Prior Methodology Methodology Difference Commercial loans $ 20 $ (90 ) $ 110 Real estate construction and land (32 ) (23 ) (9 ) Real estate mortgages (77 ) 52 (129 ) Consumer loans 200 131 69 Total provision for loan losses $ 111 $ 70 $ 41 The Company’s internal creditworthiness grading system is based on experiences with similarly graded loans. The Company performs regular credit reviews of the loan portfolio to monitor the credit quality and adherence to its underwriting standards. Additionally, external reviews of credits are conducted on a semi-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 Assigned Excellent 0% historical loss factor applied, as these loans are secured by cash or fully guaranteed by a U.S. government agency and represent a minimal risk. The Company has never experienced a loss within this category. Good 0% historical loss factor applied, as these loans represent a low risk and are secured by marketable collateral 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 - modest risk loans where the borrower has strong and liquid financial statements and more than adequate cash flow Average – average risk loans where the borrower has reasonable debt service capacity Marginal – acceptable risk loans where the borrower has acceptable financial statements but is leveraged Watch These loans have an acceptable risk but require more attention than normal servicing. Historical loss factor for loans rated “Watch” is applied to current balances of like-rated loans pooled by class. 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, a 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 are 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, 2016 Excellent Good Pass Watch Mention standard TOTAL Commercial Commercial and industrial - organic $ 816 $ 24,225 $ 15,840 $ 259 $ 236 $ 184 $ 41,560 Commercial and industrial - government guaranteed 5,550 - - - - - 5,550 Commercial and industrial - syndicated - - 16,175 - - 2,932 19,107 Real estate construction Residential construction - - 395 - - - 395 Commercial construction - - 4,422 - - - 4,422 Land and land development - - 10,271 5 - 589 10,865 Real estate mortgages 1-4 family residential, first lien, investment - - 35,102 1,724 229 483 37,538 1-4 family residential, first lien, owner occupied - - 15,207 325 - 1,097 16,629 1-4 family residential, junior lien - - 2,214 326 189 142 2,871 Home equity lines of credit, first lien - - 7,872 40 - - 7,912 Home equity lines of credit, junior lien - - 13,911 - - 111 14,022 Farm - - 11,253 - - - 11,253 Multifamily - - 31,052 - - - 31,052 Commercial owner occupied - 695 81,582 1,019 - - 83,296 Commercial non-owner occupied - - 104,963 1,012 - 1,087 107,062 Consumer Consumer revolving credit 65 19,766 539 - - 3 20,373 Consumer all other credit 284 9,977 1,027 4 - 36 11,328 Student loans purchased - - 56,011 889 - - 56,900 Total Loans $ 6,715 $ 54,663 $ 407,836 $ 5,603 $ 654 $ 6,664 $ 482,135 Special Sub- December 31, 2015 Excellent Good Pass Watch Mention standard TOTAL Commercial Commercial and industrial - organic $ 1,238 $ 30,221 $ 15,599 $ 101 $ 25 $ 31 $ 47,215 Commercial and industrial - syndicated - - 20,691 - - 2,962 23,653 Real estate construction Residential construction - - 2,178 - - - 2,178 Commercial construction - - 6,214 - - - 6,214 Land and land development - - 9,369 8 515 627 10,519 Real estate mortgages 1-4 family residential, first lien, investment - - 28,832 1,885 232 179 31,128 1-4 family residential, first lien, owner occupied - 1,500 18,796 335 - 252 20,883 1-4 family residential, junior lien - - 3,060 130 418 162 3,770 Home equity lines of credit, first lien - - 11,890 40 - - 11,930 Home equity lines of credit, junior lien - - 15,588 - - 82 15,670 Farm - - 7,762 - - - 7,762 Multifamily - - 20,209 - - - 20,209 Commercial owner occupied - - 61,803 3,694 - 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 1,317 2 - 41 11,655 Student loans purchased - - 35,655 - - - 35,655 Total Loans $ 1,574 $ 58,308 $ 349,122 $ 6,195 $ 2,251 $ 6,214 $ 423,664 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 five factors drive losses to a much greater extent than the last three factors; therefore, the first five factors are weighted more heavily. Qualitative factors are not assessed against loans rated “Excellent” since these are fully collateralized by cash. Beginning in the second quarter of 2016, a nominal qualitative factor has been assigned to loans rated “Good,” as discussed above. 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 repayments 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 and assignments 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, as well as limits by industry and 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 loans classified as impaired totaling $2.4 million at December 31, 2016, there was no valuation allowance on any of these loans after consideration was given for each borrowing as to the fair value of the collateral on the loan or the present value of expected future cash flows from the customer. Allowance for Loan Losses Rollforward by Portfolio Segment Real Estate Commercial Construction Real Estate Consumer Loans and Land Mortgages Loans Total Allowance for Loan Losses: Balance as of January 1, 2016 $ 797 $ 159 $ 2,592 $ 19 $ 3,567 Charge-offs (25 ) - (12 ) - (37 ) Recoveries 32 - 3 12 47 Provision for (recovery of) loan losses 20 (32 ) (77 ) 200 111 Ending Balance $ 824 $ 127 $ 2,506 $ 231 $ 3,688 Ending Balance: Individually evaluated for impairment $ - $ - $ - $ - $ - Collectively evaluated for impairment 824 127 2,506 231 3,688 Loans: Individually evaluated for impairment $ - $ 51 $ 1,482 $ 889 $ 2,422 Collectively evaluated for impairment 66,217 15,631 310,153 87,712 479,713 Ending Balance $ 66,217 $ 15,682 $ 311,635 $ 88,601 $ 482,135 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

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2016
Other Real Estate [Abstract]
Other Real Estate Owned	Note 5 – Other Real Estate Owned (OREO) As of December 31, 2016 and December 31, 2015, the Company had no OREO property. At December 31, 2014, OREO was carried at $1.2 million and was comprised of one residential property which was sold in 2015. During 2016, there was no OREO activity. Changes in the balance for OREO for the year ended December 31, 2015 are as follows: December 31, 2015 Balance at beginning of year, gross $ 2,114 Previously recognized impairment losses on disposition (1,129 ) Sales proceeds (985 ) Balance at end of year $ - Changes in the valuation allowance for OREO for the year ended December 31, 2015 are as follows: December 31, 2015 Balance at beginning of year $ 937 Valuation allowance 192 Charge-offs (1,129 ) Balance at end of year $ - Expenses applicable to OREO, other than the valuation allowance and net losses on sale, were $39,000 for the year ended December 31, 2015. There were no OREO expenses for the year ended December 31, 2016.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note 6 – Premises and Equipment Premises and equipment are summarized as follows: December 31, 2016 December 31, 2015 Leasehold improvements $ 14,549 $ 15,307 Building and land 1,215 1,215 Construction and fixed assets in progress - 14 Furniture and equipment 6,205 5,941 Computer software 2,101 1,996 $ 24,070 $ 24,473 Less: accumulated depreciation and amortization 16,024 15,805 $ 8,046 $ 8,668 At December 31, 2016, the Company had leased certain of its banking and operations offices under operating lease agreements on terms ranging from 1 to 20 years with renewal options. Rent expense charged to operations under operating lease agreements totaled $925,000 in 2016 and $961,000 in 2015. 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, 2016: 2017 $ 735 2018 677 2019 596 2020 600 2021 609 Thereafter 2,059 $ 5,276

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 7 – Intangible Assets On February 1, 2016 (the “Effective Date”), VNB Wealth purchased the 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 value of the assets under management associated with the Purchased Relationships totaled $31.5 million. Under the terms of the Purchase Agreement, the Company will receive all future revenue for brokerage, investment management, advisory, insurance, consulting, trust and related services performed for the Purchased Relationships. The purchase price of $1.2 million will be paid over a five year period. During the first quarter of 2016, the Company recognized goodwill and other intangible assets arising from this purchase. As required under ASC Topic 805, “Business Combinations,” using the acquisition method of accounting, below is a summary of the net asset values, as determined by an independent third party, based on the fair value measurements and the purchase price. The intangible assets identified below will be amortized using a straight line method over the estimated useful life, and the amortized cost will be shown as noninterest expense. In accordance with ASC 350, “Intangibles-Goodwill and Other,” the Company will review the carrying value of indefinite lived goodwill at least annually or more frequently if certain impairment indicators exist. Estimated % of Total Economic Useful Fair Value Intangible Assets Life Identified Intangible Assets Non-Compete Agreement $ 103 9.0 % 3 years Customer Relationships Intangible 670 58.5 % 10 years Total Identified Intangible Assets $ 773 67.5 % Goodwill $ 372 32.5 % Indefinite Total Intangible Assets $ 1,145 100.0 % Through the twelve months ended December 31, 2016, the Company recognized $93,000 in amortization expense from these identified intangible assets with a finite life. The net carrying value of $680,000 will be recognized as amortization expense in future reporting periods through 2026. The following shows the gross and net balance of these intangible assets as of December 31, 2016. Gross Carrying Accumulated Net Carrying Value Amortization Value Identified Intangible Assets Non-Compete Agreement $ 103 $ 32 $ 71 Customer Relationships Intangible 670 61 $ 609 Total Identified Intangible Assets $ 773 $ 93 $ 680 As of December 31, 2016, the Company carried a contingent liability of $445,000, representing the net of the fair value of the purchase price, less the initial payment made on the Effective Date to the Seller. The remaining four annual payments as delineated in the Purchase Agreement will be paid from this liability.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2016
Demand deposits:
Deposits	Note 8 – Deposits At December 31, 2016, the scheduled maturities of time deposits are as follows: 2017 $ 110,184 2018 1,634 2019 1,471 2020 775 2021 962 $ 115,026 The aggregate amount of time deposits with a minimum balance of $250,000 was $38.4 million at December 31, 2016 and $35.3 million at December 31, 2015. Brokered deposits totaled $24.9 million and $17.2 million at December 31, 2016 and 2015, respectively. These brokered deposits represent reciprocal relationships established under the Certificate of Deposit Account Registry Service (CDARS™), whereby depositors can obtain FDIC insurance on deposits up to at least $50 million. Deposit account overdrafts reported as loans totaled $26,000 and $38,000 at December 31, 2016 and December 31, 2015, respectively. 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 $3.3 million as of December 31, 2016.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 9 – 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 2013. 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. Net deferred tax assets consist of the following components as of year-end: 2016 2015 Deferred tax assets: Allowance for loan losses $ 1,207 $ 1,130 Non-accrual loan interest 11 8 Stock option/grant expense 122 240 Start-up expenses 51 56 Home equity closing costs 58 63 Deferred compensation expense 16 14 Goodwill and other intangible assets 6 - Securities available for sale unrealized loss 401 61 Depreciation 584 610 $ 2,456 $ 2,182 Deferred tax liabilities: Deferred loan costs 117 106 117 106 Net deferred tax assets $ 2,339 $ 2,076 The provision for income taxes charged to operations for years ended December 31, 2016 and 2015 consists of the following: 2016 2015 Current tax expense $ 2,525 $ 824 Deferred tax expense 77 373 Provision for income taxes $ 2,602 $ 1,197 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, 2016 and 2015 due to the following: 2016 2015 Federal statutory rate 34% 34% Computed statutory tax expense $ 2,839 $ 1,468 Increase (decrease) in tax resulting from: Tax-exempt interest income (113 ) (148 ) Tax-exempt income from Bank Owned Life Insurance (BOLI) (150 ) (150 ) Stock option expense 9 10 Other 17 17 Provision for income taxes $ 2,602 $ 1,197

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Note 10 – 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, 2016 and December 31, 2015, 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, 2016
Risks and Uncertainties [Abstract]
Financial Instruments With Off-Balance Sheet Risk and Credit Risk	Note 11 – 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, 2016 in the amount of $7.5 million to various borrowers. At December 31, 2015, commitment letters totaled $21.5 million. Commitment letters are done in the normal course of business and typically expire after 120 days. All of these off-balance-sheet instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the balance sheet, although material losses are not anticipated. The contract or notional amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. 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, 2016 December 31, 2015 Unfunded lines-of-credit $ 96,685 $ 106,389 ACH 14,854 15,219 Letters of credit 6,328 6,493 Total $ 117,867 $ 128,101 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counterparty. Collateral normally consists of real property. 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 $341,000 in deposits in other financial institutions in excess of amounts insured by the FDIC at December 31, 2016.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 12 – 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 2016 are reported below. In 2016, rental expenditures of $475,000 (including reimbursements for taxes, insurance, and other expenses) were paid to an entity indirectly owned by a director of the Company.

Capital Requirements

Capital Requirements	12 Months Ended
	Dec. 31, 2016
Regulatory Capital Requirements [Abstract]
Capital Requirements	Note 13 – 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 began to 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, 2016. 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 Basel III regulatory capital framework. The Company calculated regulatory capital measures for periods prior to 2015 under previous regulatory requirements. The table below summarizes the Company’s regulatory capital and related ratios for the periods presented: December 31, 2016 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 $ 62,741 12.66% $ 42,748 8.63% N/A N/A Bank $ 61,528 12.41% $ 42,756 8.63% $ 49,572 10.00% Common Equity Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 59,053 11.91% $ 25,401 5.13% N/A N/A Bank $ 57,840 11.67% $ 25,406 5.13% $ 32,222 6.50% Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 59,053 11.91% $ 32,835 6.63% N/A N/A Bank $ 57,840 11.67% $ 32,842 6.63% $ 39,658 8.00% Tier 1 Capital (To Average Assets) Consolidated $ 59,053 10.31% $ 22,921 4.00% N/A N/A Bank $ 57,840 10.10% $ 22,905 4.00% $ 28,631 5.00% 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%

Dividend Restrictions

Dividend Restrictions	12 Months Ended
	Dec. 31, 2016
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
Dividend Restrictions	Note 14 – 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, 2016, the maximum amount of retained earnings available to the Bank for cash dividends to the Company was $7,472,000.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 15 – 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: Fair Value Measurements at December 31, 2016 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 $ 14,501 $ - $ 14,501 $ - Corporate bonds 2,010 - 2,010 - Mortgage-backed securities/CMOs 24,982 - 24,982 - Municipal bonds 15,169 - 15,169 - Total securities available for sale $ 56,662 $ - $ 56,662 $ - Fair 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 $ - 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 writedowns 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 (Level 2). 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 had no OREO at December 31, 2016 or 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 (Level 2) or the net book value on the applicable business’ financial statements if not considered significant (Level 3). 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 $2.4 million and $1.6 million in impaired loans as of December 31, 2016 and December 31, 2015, respectively. None of these impaired loans required a valuation allowance after consideration was given for each borrowing as to the fair value of the collateral on the loan or the present value of expected future cash flows from the customer. 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. The accrued interest receivable for loans and securities and the accrued interest payable for deposits and short-term borrowings are reported in the same valuation level as the balances in the corresponding financial instruments. 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, 2016 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 $ 38,500 $ 38,500 $ - $ - $ 38,500 Available for sale securities 56,662 - 56,662 - 56,662 Loans, net 478,447 - - 476,438 476,438 Bank owned life insurance 13,917 - 13,917 - 13,917 Accrued interest receivable 1,662 - 272 1,390 1,662 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 409,625 $ - $ 409,625 $ - $ 409,625 Certificates of deposit 115,026 - 114,979 - 114,979 Securities sold under agreements to repurchase 19,700 - 19,700 - 19,700 Accrued interest payable 107 - 107 - 107 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 Available for sale 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 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 Noninterest Expenses

Other Noninterest Expenses	12 Months Ended
	Dec. 31, 2016
Other Expenses [Abstract]
Other Noninterest Expenses	Note 16 – Other Noninterest Expenses The Company had the following other noninterest expenses as of the dates indicated: December 31, 2016 December 31, 2015 ATM, debit and credit card $ 305 $ 301 Bank franchise tax 432 381 Computer software 385 332 Data processing 1,168 1,049 FDIC deposit insurance assessment 241 351 Marketing, advertising and promotion 389 505 Net OREO write downs and expenses - 231 Professional fees 499 544 Other 1,633 1,345 $ 5,052 $ 5,039

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Note 17 – Employee Benefit Plans The Company has a 401(k) plan available to all employees who are at least 18 years of age. Employees are able to elect the amount to contribute, not to exceed a maximum amount as determined by Internal Revenue Service regulation. The company matches 100% of the first 6% of employee contributions. “Vesting” refers to the rights of ownership to the assets in the 401(k) accounts. Matching contributions as well as employee contributions are fully vested immediately. The Company contributed $314,000 to the 401(k) plan in 2016 and $308,000 in 2015. This expense represents the matching contribution by the Company.

Stock Incentive Plans

Stock Incentive Plans	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentive Plans	Note 18 – 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. 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 years from the grant date. Stock options generally vest by the fourth or fifth anniversary of the date of the grant. 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, 2016. 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 ) (82,572 ) - Cancelled due to Plan expiration (20,315 ) (147,428 ) - Remaining available for grant - - 250,000 Grants issued and outstanding: Total vested and unvested shares 24,464 74,429 - Fully vested shares 24,464 70,679 - Exercise price range $ 18.26 to $ 11.74 to N/A $ 18.26 $ 33.91 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, 2016 and December 31, 2015, the Company recognized $28,000 and $30,000, respectively, in compensation expense for stock options. As of December 31, 2016, there was $8,000 in unamortized compensation expense remaining to be recognized in future reporting periods through 2017. Stock Options Changes in the stock options outstanding related to the Plans are summarized as follows: December 31, 2016 Weighted Average Aggregate Number of Options Exercise Price Intrinsic Value Outstanding at January 1, 2016 152,118 $ 25.36 $ 354 Exercised (11,250 ) 15.96 Expired (41,975 ) 33.82 Forfeited - - Outstanding at December 31, 2016 98,893 $ 22.83 $ 592 Options exercisable at December 31, 2016 95,143 $ 23.06 $ 549 There was an intrinsic value of $95,000 for the options exercised during the year ended December 31, 2016. The fair value of any grant is estimated at the grant date using the Black-Scholes pricing model. There were no stock option grants during the years ended December 31, 2016 and 2015. Summary information pertaining to options outstanding at December 31, 2016 is as follows: Weighted-Average Weighted Weighted- Remaining Average Exercise Average Exercise Exercise Price Options Outstanding Contractual Life Price Options Exercisable Price $ 11.74 to 20.00 34,514 3.3 Years $ 17.57 30,764 $ 17.63 $ 20.01 to 30.00 58,514 1.2 Years 24.83 58,514 24.83 $ 30.01 to 33.91 5,865 0.2 Years 33.91 5,865 33.91 Total 98,893 1.8 Years $ 22.83 95,143 $ 23.06 Restricted Stock There were no restricted stock grants outstanding throughout 2016 or 2015. No restricted stock grants were awarded during the twelve months of 2016 or 2015.

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings per Share	Note 19 – 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, 2016 December 31, 2015 Weighted Per Weighted Per Average Share Average Share Net Income Shares Amount Net Income Shares Amount Basic earnings per share $ 5,748 2,369,331 $ 2.43 $ 3,121 2,531,964 $ 1.23 Effect of dilutive stock options 14,700 (0.02 ) 12,427 - Diluted earnings per share $ 5,748 2,384,031 $ 2.41 $ 3,121 2,544,391 $ 1.23 In 2016, stock options representing 34,960 average shares were not included in the calculation of earnings per share, as their effect would have been antidilutive. Stock options representing 82,110 average shares were similarly not included in 2015.

Other Comprehensive Income

Other Comprehensive Income	12 Months Ended
	Dec. 31, 2016
Other Comprehensive Income (Loss), Tax [Abstract]
Other Comprehensive Income	Note 20 – 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 and calls 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, 2016 2015 Available-for-sale securities Realized gains on sales and calls of securities $ 197 $ 104 Tax effect (67 ) (35 ) Realized gains, net of tax $ 130 $ 69

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Note 21 – Segment Reporting Virginia National Bankshares Corporation has two reportable segments, the Bank and VNB Wealth. The Bank’s commercial banking activities involve making loans and generating deposits from individuals, businesses and charitable organizations. 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, 2016 and December 31, 2015, management fees of $100,000 and $135,000, respectively, were charged to VNB Wealth and eliminated in consolidated totals. The VNB Wealth total assets as shown in the following tables represent the assets of VNB Wealth and should not be confused with client assets under management. 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, 2016 and 2015, is shown in the following tables: 2016 Bank VNB Wealth Consolidated Net interest income $ 18,228 $ 46 $ 18,274 Provision for loan losses 111 - 111 Non-interest income 3,106 2,377 5,483 Non-interest expense 12,874 2,422 15,296 Income before income taxes 8,349 1 8,350 Provision for income taxes 2,601 1 2,602 Net income $ 5,748 $ - $ 5,748 Total assets $ 595,129 $ 9,901 $ 605,030 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

Condensed Parent Company Financ

Condensed Parent Company Financial Statements	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Parent Company Financial Statements	Note 22 – Condensed Parent Company Financial Statements Condensed financial statements pertaining only to the Parent Company are presented below. The investment in subsidiary is accounted for using the equity method of accounting. A quarterly cash dividend payment has been authorized by the Bank’s Board of Directors and paid to the Parent Company each quarter in 2016 and 2015, for a total of $1.2 million and $1.0 million, respectively. In 2016, the Bank paid dividends of an additional $1.2 million to provide the Parent Company with cash for the repurchase of stock as authorized under the Stock Repurchase Program. 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 14 – Dividend Restrictions. Condensed Parent Company Only BALANCE SHEETS December 31, 2016 December 31, 2015 ASSETS Cash and due from banks $ 1,161 $ 1,099 Investment securities 64 64 Investments in subsidiary 57,841 54,921 Other assets 328 488 Total assets $ 59,394 $ 56,572 LIABILITIES & SHAREHOLDERS' EQUITY Other liabilities $ 340 $ 275 Stockholders' equity 59,054 56,297 Total liabilities and stockholders' equity $ 59,394 $ 56,572 STATEMENTS OF INCOME For the years ended December 31, 2016 December 31, 2015 Dividends from subsidiary $ 2,430 $ 965 Noninterest expense 384 558 Income before income taxes $ 2,046 $ 407 Income tax (benefit) (121 ) (180 ) Income before equity in undistributed earnings of subsidiary $ 2,167 $ 587 Equity in undistributed earnings of subsidiary 3,581 2,534 Net income $ 5,748 $ 3,121 Condensed Parent Company Only STATEMENTS OF CASH FLOWS For the years ended December 31, 2016 December 31, 2015 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 5,748 $ 3,121 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (3,581 ) (2,534 ) Deferred tax expense (benefit) (122 ) (79 ) Stock option & stock grant expense 28 30 Decrease in other assets 164 57 Decrease (increase) in other liabilities (2 ) 2 Net cash provided from operating activities 2,235 597 CASH FLOWS FROM INVESTING ACTIVITIES - - CASH FLOWS FROM FINANCING ACTIVITIES Stock options exercised or expired 179 22 Stock purchased under stock repurchase plan (1,260 ) (6,342 ) Dividends paid (1,092 ) (891 ) Net cash used in financing activities (2,173 ) (7,211 ) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 62 (6,614 ) CASH AND CASH EQUIVALENTS Beginning of period 1,099 7,713 End of period $ 1,161 $ 1,099

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
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 shares of common stock with a par value of $2.50 per share. Additionally, the Company is authorized to issue 2,000,000 shares of preferred stock at a par value $2.50 per share. There is currently no preferred stock outstanding. The holding company is regulated under the Bank Holding Company Act of 1956, as amended and is subject to inspection, examination, and supervision by the Federal Reserve Board. On September 22, 2014, the Company announced the approval by its Board of Directors of a stock repurchase program authorizing repurchase of up to 400,000 shares of the Company's common shares through the open market or in privately negotiated transactions. The Company announced on September 21, 2015 that its Board of Directors extended the program for another year. The extended repurchase program expired on September 18, 2016. A total of 343,559 shares were purchased during the life of this program. 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 cities of Charlottesville, Winchester, and Harrisonburg and the counties of Albemarle, Frederick, and Orange. 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”). VNBTrust operates as a wholly-owned subsidiary of the Bank.
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 – The consolidated financial statements include the accounts of the Company, its subsidiary the Bank, and the Bank’s subsidiary VNBTrust (together, “subsidiaries”). All significant intercompany balances and transactions have been eliminated in consolidation.
Use of estimates	Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, deferred tax assets, valuation of other real estate owned, and fair value measurements.
Cash flow reporting	Cash flow reporting – For purposes of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. Cash and cash equivalents consist of cash on hand, funds due from banks, and federal funds sold.
Securities sold under agreements to repurchase	Securities sold under agreements to repurchase – The Company sells certain securities under agreements to repurchase. The agreements are treated as collateralized financing transactions and the obligations to repurchase securities sold are reflected as a liability in the accompanying consolidated balance sheets. The dollar amount of the securities underlying the agreements remains in the asset accounts.
Securities	Securities – Unrestricted investments are to be classified in two categories as described below. ● Securities held to maturity – Securities classified as held to maturity are those debt and equity securities the Company has both the positive intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or changes in general economic conditions. Currently the Company has no securities classified as held to maturity because of Management’s desire to have more flexibility in managing the investment portfolio. ● Securities available for sale – Securities classified as available for sale are those debt and equity securities that the Company intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Company’s assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Securities available for sale are carried at fair value. Unrealized gains or losses are reported as a separate component of other comprehensive income. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. 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 – As members of the Federal Reserve Bank of Richmond (“FRB”) and the Federal Home Loan Bank of Atlanta (“FHLB”), the Company is required to maintain certain minimum investments in the common stock of the FRB and FHLB. Required levels of investments are based upon the Bank’s capital and a percentage of qualifying assets. Additionally, the Company has purchased common stock in CBB Financial Corp. (“CBBFC”), the holding company for Community Bankers Bank. Shares of common stock from the FRB, FHLB and CBBFC are classified as restricted securities which are carried at cost
Loans	Loans – Loans are reported at the principal balance outstanding net of unearned discounts and of the allowance for loan losses. Interest income on loans is reported on the level-yield method and includes amortization of deferred loan fees and costs over the loan term. Purchased performing loans are accounted for in the same manner as the rest of the loan portfolio. Further information regarding the Company’s accounting policies related to past due loans, non-accrual loans, impaired loans and troubled-debt restructurings is presented in Note 3 - Loans.
Allowance for loan losses	Allowance for loan losses – The allowance for loan losses is a reserve established through a provision for loan losses charged to expense, which represents management’s best estimate of probable losses inherent in the loan portfolio. The allowance for loan losses includes allowance allocations calculated in accordance with Financial Accounting Standards Board (“FASB”) ASC Topic 310, “Receivables” and allowance allocations calculated in accordance with ASC Topic 450, “Contingencies.” Further information regarding the Company’s policies and methodology used to estimate the allowance for loan losses is presented in Note 4 – Allowance for Loan Losses.
Transfers of financial assets	Transfers of financial assets – Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company or its subsidiaries – put presumptively beyond reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company or its subsidiaries does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.
Premises and equipment	Premises and equipment – Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed by the straight-line method based on the estimated useful lives of assets, which range from 3 to 20 years. Expenditures for repairs and maintenance are charged to expense as incurred. The costs of major renewals and betterments are capitalized and depreciated over their estimated useful lives. Upon disposition, the asset and related accumulated depreciation are removed from the books and any resulting gain or loss is charged to income. More information regarding premises and equipment is presented in Note 6 – Premises and Equipment.
Intangible Assets	Intangible Assets –
Bank owned life insurance	Bank owned life insurance – The Company has purchased life insurance on certain key employees. These policies are recorded at their cash surrender value on the Consolidated Balance Sheets. Income generated from polices is recorded as noninterest income.
Fair value measurements	Fair value measurements – ASC Topic 820, “Fair Value Measurements and Disclosures,” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and requires certain disclosures about fair value measurements. In general, fair values of financial instruments are based upon internally developed models that primarily use, as inputs, observable market-based parameters. Any such valuation adjustments are applied consistently over time. Additional information on fair value measurements is presented in Note 15 – Fair Value Measurements.
Stock-based compensation	Stock-based compensation – The Company accounts for all plans under recognition and measurement accounting principles which require that the compensation cost relating to stock-based payment transactions be recognized in the financial statements. Stock-based compensation arrangements include stock options and restricted stock. Stock-based compensation is estimated at the date of grant, using the Black-Scholes option valuation model for determining fair value. The model employs the following assumptions: ● Dividend yield - calculated as the ratio of historical cash dividends paid per share of common stock to the stock price on the date of grant; ● Expected life (term of the option) - based on the average of the contractual life and vesting schedule for the respective option; ● Expected volatility - based on the monthly historical volatility of the Company’s stock price over the expected life of the options; ● Risk-free interest rate - based upon the U.S. Treasury bill yield curve, for periods within the contractual life of the option, in effect at the time of grant. 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 18 – Stock Incentive Plans.
Earnings per common share	Earnings per common share – Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options and are determined using the treasury stock method. Additional information on earnings per share is presented in Note 19 – Earnings per Share.
Comprehensive income	Comprehensive income – Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income. Further information on the Company’s other comprehensive income is presented in Note 20 – Other Comprehensive Income.
Advertising costs	Advertising costs – The Company follows the policy of charging the costs of advertising to expense as they are incurred.
Income taxes	Income taxes – Deferred taxes are provided on the asset and liability method whereby deferred tax assets are recognized for deductible temporary differences, operating loss carry forwards, and tax credit carry forwards. Deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. 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 9 – Income Taxes.
VNBTrust	VNBTrust – Securities and other property held by VNBTrust in a fiduciary or agency capacity are not assets of the Company and are not included in the accompanying consolidated financial statements.
Reclassifications	Reclassifications – Certain reclassifications have been made to the prior year financial statements to conform to current year presentation. The results of the reclassifications are not considered material.
Recent Accounting Pronouncements	Recent Accounting Pronouncements 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 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. In March 2016, the FASB issued ASU No. 2016-07, “Investments – Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting.” The amendments in this ASU eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no retroactive adjustment of the investment is required. In addition, the amendments in this ASU require that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendments are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. Early Adoption is permitted. The Company does not expect the adoption of ASU 2016-07 to have a material impact on its consolidated financial statements. During March 2016, the FASB issued ASU No. 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The amendments in this ASU simplify several aspects of the accounting for share-based payment award transactions including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The amendments are effective for public companies for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company does not expect the adoption of ASU 2016-09 to have a material impact on its consolidated financial statements. During June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The amendments in this ASU are effective for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company is currently assessing the impact that ASU 2016-13 will have on its consolidated financial statements. During August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The amendments should be applied using a retrospective transition method to each period presented. If retrospective application is impractical for some of the issues addressed by the update, the amendments for those issues would be applied prospectively as of the earliest date practicable. Early adoption is permitted, including adoption in an interim period. The Company does not expect the adoption of ASU 2016-15 to have a material impact on its consolidated financial statements. During January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Under the current implementation guidance in Topic 805, there are three elements of a business – inputs, processes, and outputs. While an integrated set of assets and activities (collectively referred to as a “set”) that is a business usually has outputs, outputs are not required to be present. In addition, all the inputs and processes that a seller uses in operating a set are not required if market participants can acquire the set and continue to produce outputs. The amendments in this ASU provide a screen to determine when a set is not a business. If the screen is not met, the amendments (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output, and (2) remove the evaluation of whether a market participant could replace missing elements. The ASU provides a framework to assist entities in evaluating whether both an input and a substantive process are present. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The amendments in this ASU should be applied prospectively on or after the effective date. No disclosures are required at transition. The Company does not expect the adoption of ASU 2017-01 to have a material impact on its consolidated financial statements. During January 2017, the FASB issued ASU No. 2017-04, “Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” The amendments in this ASU simplify how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Instead, under the amendments in this ASU, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Public business entities that are SEC filers should adopt the amendments in this ASU for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect the adoption of ASU 2017-04 to have a material impact on its consolidated financial statements.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Values of Securities Available For Sale	December 31, 2016 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains (Losses) Value U.S. Government agencies $ 14,998 $ - $ (497 ) $ 14,501 Corporate bonds 2,017 - (7 ) 2,010 Mortgage-backed securities/CMOs 25,470 27 (515 ) 24,982 Municipal bonds 15,357 30 (218 ) 15,169 $ 57,842 $ 57 $ (1,237 ) $ 56,662 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
Schedule of Unrealized Losses in the Bank's Securities Portfolio	December 31, 2016 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 $ 14,501 $ (497 ) $ - $ - $ 14,501 $ (497 ) Corporate bonds 2,010 (7 ) - - 2,010 (7 ) Mortgage-backed/CMOs 18,980 (441 ) 2,629 (74 ) 21,609 (515 ) Municipal bonds 10,382 (218 ) - - 10,382 (218 ) $ 45,873 $ (1,163 ) $ 2,629 $ (74 ) $ 48,502 $ (1,237 ) 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 )
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 After one year to five years $ 4,998 $ 4,923 After five years to ten years 10,000 9,578 $ 14,998 $ 14,501 Corporate bonds After one year to five years $ 2,017 $ 2,010 $ 2,017 $ 2,010 Mortgage-backed securities/CMOs After one year to five years $ 1,062 $ 1,052 After five years to ten years 6,776 6,696 Ten years or more 17,632 17,234 $ 25,470 $ 24,982 Municipal bonds One year or less $ 1,012 $ 1,015 After one year to five years 3,887 3,879 After five years to ten years 6,407 6,287 Ten years or more 4,051 3,988 $ 15,357 $ 15,169 Total Securities Available for Sale $ 57,842 $ 56,662

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Composition of Loan Portfolio by Loan Classification	December 31, December 31, 2016 2015 Commercial Commercial and industrial - organic $ 41,560 $ 47,215 Commercial and industrial - government guaranteed 5,550 - Commercial and industrial - syndicated 19,107 23,653 Total commercial and industrial 66,217 70,868 Real estate construction and land Residential construction 395 2,178 Commercial construction 4,422 6,214 Land and land development 10,865 10,519 Total construction and land 15,682 18,911 Real estate mortgages 1-4 family residential, first lien, investment 37,538 31,128 1-4 family residential, first lien, owner occupied 16,629 20,883 1-4 family residential, junior lien 2,871 3,770 Home equity lines of credit, first lien 7,912 11,930 Home equity lines of credit, junior lien 14,022 15,670 Farm 11,253 7,762 Multifamily 31,052 20,209 Commercial owner occupied 83,296 66,244 Commercial non-owner occupied 107,062 91,805 Total real estate mortgage 311,635 269,401 Consumer Consumer revolving credit 20,373 17,174 Consumer all other credit 11,328 11,655 Student loans purchased 56,900 35,655 Total consumer 88,601 64,484 Total loans 482,135 423,664 Less: Allowance for loan losses (3,688 ) (3,567 ) Net loans $ 478,447 $ 420,097
Schedule of Activity in Related Party Loans	2016 2015 Balance outstanding at beginning of year $ 11,556 $ 10,841 Principal additions 5,126 10,445 Principal reductions (4,104 ) (9,730 ) Balance outstanding at end of year $ 12,578 $ 11,556
Schedule of Impaired Loans Classified as Non-Accruals by Class	December 31, 2016 December 31, 2015 Land and land development $ 51 $ 59 1-4 family residential mortgages, first lien, owner occupied 116 132 Total nonaccrual loans $ 167 $ 191
Schedule of Aging of Past Due Loans	Past Due Aging as of 90 Days December 31, 2016 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 $ 65 $ 61 $ - $ 126 $ 41,434 $ 41,560 $ - Commercial and industrial - government guaranteed - - - - 5,550 5,550 - Commercial and industrial - syndicated - - - - 19,107 19,107 - Real estate construction and land Residential construction - - - - 395 395 - Commercial construction - - - - 4,422 4,422 - Land and land development - - 22 22 10,843 10,865 - Real estate mortgages 1-4 family residential, first lien, investment 125 - - 125 37,413 37,538 - 1-4 family residential, first lien, owner occupied - - 20 20 16,609 16,629 20 1-4 family residential, junior lien - - - - 2,871 2,871 - Home equity lines of credit, first lien - - - - 7,912 7,912 - Home equity lines of credit, junior lien 36 - - 36 13,986 14,022 - Farm - - - - 11,253 11,253 - Multifamily - - - - 31,052 31,052 - Commercial owner occupied - - - - 83,296 83,296 - Commercial non-owner occupied - - - - 107,062 107,062 - Consumer loans Consumer revolving credit - - - - 20,373 20,373 - Consumer all other credit 1 48 - 49 11,279 11,328 - Student loans purchased 1,316 139 188 1,643 55,257 56,900 188 Total Loans $ 1,543 $ 248 $ 230 $ 2,021 $ 480,114 $ 482,135 $ 208 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 - Commercial construction - - - - 6,214 6,214 - Land and land development 7 - - 7 10,512 10,519 - Real estate mortgages 1-4 family residential, first lien, investment - - - - 31,128 31,128 - 1-4 family residential, first lien, owner occupied 93 - - 93 20,790 20,883 - 1-4 family residential, junior lien 63 36 - 99 3,671 3,770 - Home equity lines of credit, first lien - - - - 11,930 11,930 - Home equity lines of credit, junior lien - - - - 15,670 15,670 - Farm - - - - 7,762 7,762 - 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 $ -
Schedule of Loans Classified as Impaired Loans	December 31, 2016 Unpaid Average Interest Recorded Principal Associated Recorded Income Investment Balance Allowance Investment Recognized Impaired loans without a valuation allowance: Land and land development $ 51 $ 100 $ - $ 55 $ - 1-4 family residential mortgages, first lien, owner occupied 116 147 - 123 - 1-4 family residential mortgages, junior lien 354 354 360 16 Commercial non-owner occupied real estate 1,012 1,012 - 1,036 45 Student loans purchased 889 889 - 498 55 Impaired loans with a valuation allowance - - - - - Total impaired loans $ 2,422 $ 2,502 $ - $ 2,072 $ 116 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 $ - Land and land development 59 103 - 64 - 1-4 family residential mortgage, first lien, owner occupied 132 157 - 200 2 1-4 family residential mortgage, junior lien 367 367 485 21 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
Summary of Modified Loans	Troubled debt restructuring (TDRs) December 31, 2016 December 31, 2015 No. of Recorded No. of Recorded Loans Investment Loans Investment Performing TDRs 1-4 family residential mortgages, junior lien 2 $ 354 2 $ 367 Commercial non-owner occupied real estate 1 1,012 1 1,061 Student loans purchased 50 889 - - Total performing TDRs 53 $ 2,255 3 $ 1,428 Nonperforming TDRs Land and land development 1 $ 29 1 $ 34 Total TDRs 54 $ 2,284 4 $ 1,462
Schedule of Loans Modified Under Terms of a TDR	During year ended December 31, 2016 Pre- Post- Modification Modification Number Recorded Recorded of Loans Balance Balance Student loans purchased 50 $ 847 $ 889 Total loans modified during the period 50 $ 847 $ 889

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2016
Allowance for Loan Losses [Abstract]
Summary of Transactions in Allowance for Loan Losses	2016 2015 Balance, beginning of period $ 3,567 $ 3,164 Loans charged off (37 ) (141 ) Recoveries 47 81 Net recoveries (charge-offs) 10 (60 ) Provision for loan losses 111 463 Balance, December 31 $ 3,688 $ 3,567
Schedule of Changes in Methodology	Provision Provision (Recovery) (Recovery) Based on Based on New Prior Methodology Methodology Difference Commercial loans $ 20 $ (90 ) $ 110 Real estate construction and land (32 ) (23 ) (9 ) Real estate mortgages (77 ) 52 (129 ) Consumer loans 200 131 69 Total provision for loan losses $ 111 $ 70 $ 41
Internal Risk Rating Grades	Special Sub- December 31, 2016 Excellent Good Pass Watch Mention standard TOTAL Commercial Commercial and industrial - organic $ 816 $ 24,225 $ 15,840 $ 259 $ 236 $ 184 $ 41,560 Commercial and industrial - government guaranteed 5,550 - - - - - 5,550 Commercial and industrial - syndicated - - 16,175 - - 2,932 19,107 Real estate construction Residential construction - - 395 - - - 395 Commercial construction - - 4,422 - - - 4,422 Land and land development - - 10,271 5 - 589 10,865 Real estate mortgages 1-4 family residential, first lien, investment - - 35,102 1,724 229 483 37,538 1-4 family residential, first lien, owner occupied - - 15,207 325 - 1,097 16,629 1-4 family residential, junior lien - - 2,214 326 189 142 2,871 Home equity lines of credit, first lien - - 7,872 40 - - 7,912 Home equity lines of credit, junior lien - - 13,911 - - 111 14,022 Farm - - 11,253 - - - 11,253 Multifamily - - 31,052 - - - 31,052 Commercial owner occupied - 695 81,582 1,019 - - 83,296 Commercial non-owner occupied - - 104,963 1,012 - 1,087 107,062 Consumer Consumer revolving credit 65 19,766 539 - - 3 20,373 Consumer all other credit 284 9,977 1,027 4 - 36 11,328 Student loans purchased - - 56,011 889 - - 56,900 Total Loans $ 6,715 $ 54,663 $ 407,836 $ 5,603 $ 654 $ 6,664 $ 482,135 Special Sub- December 31, 2015 Excellent Good Pass Watch Mention standard TOTAL Commercial Commercial and industrial - organic $ 1,238 $ 30,221 $ 15,599 $ 101 $ 25 $ 31 $ 47,215 Commercial and industrial - syndicated - - 20,691 - - 2,962 23,653 Real estate construction Residential construction - - 2,178 - - - 2,178 Commercial construction - - 6,214 - - - 6,214 Land and land development - - 9,369 8 515 627 10,519 Real estate mortgages 1-4 family residential, first lien, investment - - 28,832 1,885 232 179 31,128 1-4 family residential, first lien, owner occupied - 1,500 18,796 335 - 252 20,883 1-4 family residential, junior lien - - 3,060 130 418 162 3,770 Home equity lines of credit, first lien - - 11,890 40 - - 11,930 Home equity lines of credit, junior lien - - 15,588 - - 82 15,670 Farm - - 7,762 - - - 7,762 Multifamily - - 20,209 - - - 20,209 Commercial owner occupied - - 61,803 3,694 - 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 1,317 2 - 41 11,655 Student loans purchased - - 35,655 - - - 35,655 Total Loans $ 1,574 $ 58,308 $ 349,122 $ 6,195 $ 2,251 $ 6,214 $ 423,664
Allowance for Loan Losses Rollforward by Portfolio Segment	Allowance for Loan Losses Rollforward by Portfolio Segment Real Estate Commercial Construction Real Estate Consumer Loans and Land Mortgages Loans Total Allowance for Loan Losses: Balance as of January 1, 2016 $ 797 $ 159 $ 2,592 $ 19 $ 3,567 Charge-offs (25 ) - (12 ) - (37 ) Recoveries 32 - 3 12 47 Provision for (recovery of) loan losses 20 (32 ) (77 ) 200 111 Ending Balance $ 824 $ 127 $ 2,506 $ 231 $ 3,688 Ending Balance: Individually evaluated for impairment $ - $ - $ - $ - $ - Collectively evaluated for impairment 824 127 2,506 231 3,688 Loans: Individually evaluated for impairment $ - $ 51 $ 1,482 $ 889 $ 2,422 Collectively evaluated for impairment 66,217 15,631 310,153 87,712 479,713 Ending Balance $ 66,217 $ 15,682 $ 311,635 $ 88,601 $ 482,135 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

Other Real Estate Owned) (Table

Other Real Estate Owned) (Tables)	12 Months Ended
	Dec. 31, 2016
Other Real Estate [Abstract]
Schedule of Changes in Balance for OREO	December 31, 2015 Balance at beginning of year, gross $ 2,114 Previously recognized impairment losses on disposition (1,129 ) Sales proceeds (985 ) Balance at end of year $ -
Schedule of Changes in Valuation Allowance for OREO	December 31, 2015 Balance at beginning of year $ 937 Valuation allowance 192 Charge-offs (1,129 ) Balance at end of year $ -

Premises and Equipment) (Tables

Premises and Equipment) (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Summary of Premises and Equipment	December 31, 2016 December 31, 2015 Leasehold improvements $ 14,549 $ 15,307 Building and land 1,215 1,215 Construction and fixed assets in progress - 14 Furniture and equipment 6,205 5,941 Computer software 2,101 1,996 $ 24,070 $ 24,473 Less: accumulated depreciation and amortization 16,024 15,805 $ 8,046 $ 8,668
Schedule of future minimum rental payments required under non-cancelable operating leases	2017 $ 735 2018 677 2019 596 2020 600 2021 609 Thereafter 2,059 $ 5,276

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of the net asset values, as determined by an independent third party, based on the fair value measurement	Estimated % of Total Economic Useful Fair Value Intangible Assets Life Identified Intangible Assets Non-Compete Agreement $ 103 9.0 % 3 years Customer Relationships Intangible 670 58.5 % 10 years Total Identified Intangible Assets $ 773 67.5 % Goodwill $ 372 32.5 % Indefinite Total Intangible Assets $ 1,145 100.0 %
Schedule of gross and net balance of intangible assets	Gross Carrying Accumulated Net Carrying Value Amortization Value Identified Intangible Assets Non-Compete Agreement $ 103 $ 32 $ 71 Customer Relationships Intangible 670 61 $ 609 Total Identified Intangible Assets $ 773 $ 93 $ 680

Deposits) (Tables)

Deposits) (Tables)	12 Months Ended
	Dec. 31, 2016
Demand deposits:
Schedule of Maturities of Time Deposits	2017 $ 110,184 2018 1,634 2019 1,471 2020 775 2021 962 $ 115,026

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Net Deferred Tax Assets	2016 2015 Deferred tax assets: Allowance for loan losses $ 1,207 $ 1,130 Non-accrual loan interest 11 8 Stock option/grant expense 122 240 Start-up expenses 51 56 Home equity closing costs 58 63 Deferred compensation expense 16 14 Goodwill and other intangible assets 6 - Securities available for sale unrealized loss 401 61 Depreciation 584 610 $ 2,456 $ 2,182 Deferred tax liabilities: Deferred loan costs 117 106 117 106 Net deferred tax assets $ 2,339 $ 2,076
Schedule of Provision for Income Taxes	2016 2015 Current tax expense $ 2,525 $ 824 Deferred tax expense 77 373 Provision for income taxes $ 2,602 $ 1,197
Schedule of Effective Income Tax Rate Reconciliation, Amount	2016 2015 Federal statutory rate 34% 34% Computed statutory tax expense $ 2,839 $ 1,468 Increase (decrease) in tax resulting from: Tax-exempt interest income (113 ) (148 ) Tax-exempt income from Bank Owned Life Insurance (BOLI) (150 ) (150 ) Stock option expense 9 10 Other 17 17 Provision for income taxes $ 2,602 $ 1,197

Financial Instruments With Of41

Financial Instruments With Off-Balance Sheet Risk and Credit Risk) (Tables)	12 Months Ended
	Dec. 31, 2016
Risks and Uncertainties [Abstract]
Schedule of Financial Instruments with Credit Risk	Notional Amount December 31, 2016 December 31, 2015 Unfunded lines-of-credit $ 96,685 $ 106,389 ACH 14,854 15,219 Letters of credit 6,328 6,493 Total $ 117,867 $ 128,101

Capital Requirements) (Tables)

Capital Requirements) (Tables)	12 Months Ended
	Dec. 31, 2016
Regulatory Capital Requirements [Abstract]
Schedule of Company's and Bank's Actual Capital Amounts and Ratios	December 31, 2016 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 $ 62,741 12.66% $ 42,748 8.63% N/A N/A Bank $ 61,528 12.41% $ 42,756 8.63% $ 49,572 10.00% Common Equity Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 59,053 11.91% $ 25,401 5.13% N/A N/A Bank $ 57,840 11.67% $ 25,406 5.13% $ 32,222 6.50% Tier 1 Capital (To Risk Weighted Assets) Consolidated $ 59,053 11.91% $ 32,835 6.63% N/A N/A Bank $ 57,840 11.67% $ 32,842 6.63% $ 39,658 8.00% Tier 1 Capital (To Average Assets) Consolidated $ 59,053 10.31% $ 22,921 4.00% N/A N/A Bank $ 57,840 10.10% $ 22,905 4.00% $ 28,631 5.00% 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%

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Available for Sale Securities Measured at Fair Value on a Recurring Basis	Fair Value Measurements at December 31, 2016 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 $ 14,501 $ - $ 14,501 $ - Corporate bonds 2,010 - 2,010 - Mortgage-backed securities/CMOs 24,982 - 24,982 - Municipal bonds 15,169 - 15,169 - Total securities available for sale $ 56,662 $ - $ 56,662 $ - Fair 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 $ -
Schedule of the Carrying Values and Estimated Fair Values of the Bank's Financial Instruments	Fair Value Measurement at December 31, 2016 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 $ 38,500 $ 38,500 $ - $ - $ 38,500 Available for sale securities 56,662 - 56,662 - 56,662 Loans, net 478,447 - - 476,438 476,438 Bank owned life insurance 13,917 - 13,917 - 13,917 Accrued interest receivable 1,662 - 272 1,390 1,662 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 409,625 $ - $ 409,625 $ - $ 409,625 Certificates of deposit 115,026 - 114,979 - 114,979 Securities sold under agreements to repurchase 19,700 - 19,700 - 19,700 Accrued interest payable 107 - 107 - 107 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 Available for sale 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

Other Noninterest Expenses (Tab

Other Noninterest Expenses (Tables)	12 Months Ended
	Dec. 31, 2016
Other Expenses [Abstract]
Schedule of Other Expenses	December 31, 2016 December 31, 2015 ATM, debit and credit card $ 305 $ 301 Bank franchise tax 432 381 Computer software 385 332 Data processing 1,168 1,049 FDIC deposit insurance assessment 241 351 Marketing, advertising and promotion 389 505 Net OREO write downs and expenses - 231 Professional fees 499 544 Other 1,633 1,345 $ 5,052 $ 5,039

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [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 ) (82,572 ) - Cancelled due to Plan expiration (20,315 ) (147,428 ) - Remaining available for grant - - 250,000 Grants issued and outstanding: Total vested and unvested shares 24,464 74,429 - Fully vested shares 24,464 70,679 - Exercise price range $ 18.26 to $ 11.74 to N/A $ 18.26 $ 33.91
Summary of Stock Option Activity	December 31, 2016 Weighted Average Aggregate Number of Options Exercise Price Intrinsic Value Outstanding at January 1, 2016 152,118 $ 25.36 $ 354 Exercised (11,250 ) 15.96 Expired (41,975 ) 33.82 Forfeited - - Outstanding at December 31, 2016 98,893 $ 22.83 $ 592 Options exercisable at December 31, 2016 95,143 $ 23.06 $ 549
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 Price Options Exercisable Price $ 11.74 to 20.00 34,514 3.3 Years $ 17.57 30,764 $ 17.63 $ 20.01 to 30.00 58,514 1.2 Years 24.83 58,514 24.83 $ 30.01 to 33.91 5,865 0.2 Years 33.91 5,865 33.91 Total 98,893 1.8 Years $ 22.83 95,143 $ 23.06

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Schedule of weighted average number of shares used in computing earnings per share	December 31, 2016 December 31, 2015 Weighted Per Weighted Per Average Share Average Share Net Income Shares Amount Net Income Shares Amount Basic earnings per share $ 5,748 2,369,331 $ 2.43 $ 3,121 2,531,964 $ 1.23 Effect of dilutive stock options 14,700 (0.02 ) 12,427 - Diluted earnings per share $ 5,748 2,384,031 $ 2.41 $ 3,121 2,544,391 $ 1.23

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2016
Other Comprehensive Income (Loss), Tax [Abstract]
Schedule of Comprehensive Income	December 31, December 31, 2016 2015 Available-for-sale securities Realized gains on sales and calls of securities $ 197 $ 104 Tax effect (67 ) (35 ) Realized gains, net of tax $ 130 $ 69

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Schedule of segment reporting information	2016 Bank VNB Wealth Consolidated Net interest income $ 18,228 $ 46 $ 18,274 Provision for loan losses 111 - 111 Non-interest income 3,106 2,377 5,483 Non-interest expense 12,874 2,422 15,296 Income before income taxes 8,349 1 8,350 Provision for income taxes 2,601 1 2,602 Net income $ 5,748 $ - $ 5,748 Total assets $ 595,129 $ 9,901 $ 605,030 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

Condensed Parent Company Fina49

Condensed Parent Company Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Balance sheet	BALANCE SHEETS December 31, 2016 December 31, 2015 ASSETS Cash and due from banks $ 1,161 $ 1,099 Investment securities 64 64 Investments in subsidiary 57,841 54,921 Other assets 328 488 Total assets $ 59,394 $ 56,572 LIABILITIES & SHAREHOLDERS' EQUITY Other liabilities $ 340 $ 275 Stockholders' equity 59,054 56,297 Total liabilities and stockholders' equity $ 59,394 $ 56,572
Statement of income	STATEMENTS OF INCOME For the years ended December 31, 2016 December 31, 2015 Dividends from subsidiary $ 2,430 $ 965 Noninterest expense 384 558 Income before income taxes $ 2,046 $ 407 Income tax (benefit) (121 ) (180 ) Income before equity in undistributed earnings of subsidiary $ 2,167 $ 587 Equity in undistributed earnings of subsidiary 3,581 2,534 Net income $ 5,748 $ 3,121
Statement of cash flow	STATEMENTS OF CASH FLOWS For the years ended December 31, 2016 December 31, 2015 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 5,748 $ 3,121 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (3,581 ) (2,534 ) Deferred tax expense (benefit) (122 ) (79 ) Stock option & stock grant expense 28 30 Decrease in other assets 164 57 Decrease (increase) in other liabilities (2 ) 2 Net cash provided from operating activities 2,235 597 CASH FLOWS FROM INVESTING ACTIVITIES - - CASH FLOWS FROM FINANCING ACTIVITIES Stock options exercised or expired 179 22 Stock purchased under stock repurchase plan (1,260 ) (6,342 ) Dividends paid (1,092 ) (891 ) Net cash used in financing activities (2,173 ) (7,211 ) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 62 (6,614 ) CASH AND CASH EQUIVALENTS Beginning of period 1,099 7,713 End of period $ 1,161 $ 1,099

Summary of Significant Accoun50

Summary of Significant Accounting Policies (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 18, 2013	Sep. 21, 2015	Dec. 31, 2016	Dec. 31, 2013	Sep. 18, 2016	Dec. 31, 2015	Sep. 22, 2014
Organization and Significant Accounting Policies [Line Items]
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
Number of shares repurchased					343,559
Preferred stock, outstanding
Extended repurchase program expired		Sep. 18, 2016
Held to maturity			$ 0			$ 0
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
VNB Trust 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, 2016	Dec. 31, 2015
Available for Sale
Amortized Cost	$ 57,842	$ 74,979
Gross Unrealized Gains	57	447
Gross Unrealized (Losses)	(1,237)	(625)
Available for Sale, Fair Value	56,662	74,801
U.S. Government agencies [Member]
Available for Sale
Amortized Cost	14,998	11,260
Gross Unrealized Gains		137
Gross Unrealized (Losses)	(497)	(19)
Available for Sale, Fair Value	14,501	11,378
Corporate bonds [Member]
Available for Sale
Amortized Cost	2,017	6,027
Gross Unrealized Gains
Gross Unrealized (Losses)	(7)	(63)
Available for Sale, Fair Value	2,010	5,964
Mortgage-backed securities/CMOs [Member]
Available for Sale
Amortized Cost	25,470	37,077
Gross Unrealized Gains	27	60
Gross Unrealized (Losses)	(515)	(450)
Available for Sale, Fair Value	24,982	36,687
Municipal bonds [Member]
Available for Sale
Amortized Cost	15,357	20,615
Gross Unrealized Gains	30	250
Gross Unrealized (Losses)	(218)	(93)
Available for Sale, Fair Value	$ 15,169	$ 20,772

Securities (Narrative) (Details

Securities (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)item
Schedule of Investments [Line Items]
Held to maturity	$ 0	$ 0
Restricted securities, at cost	1,709	1,681
Proceeds from the sales and calls of securities	12,400	46,500
Gains on sales of securities	51	44
Proceeds from calls of additional securities	10,700	25,900
Gains on calls of additional securities	146	60
Securities pledged to secure deposits and for other purposes required by law	34,200	42,200
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	48,502	42,147
Unrealized loss of available for sale securities	1,237	625
Held to maturity, Fair value	$ 0	$ 0
Number of securities designated as available for sale securities having unrealized loss | item	56	42
Municipal bonds [Member]
Schedule of Investments [Line Items]
Percentage of securities rated with AA or higher ratings	89.00%
Percentage of securities as general obligation bonds with issuers that are geographically diverse	66.00%
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 10,382	$ 4,696
Unrealized loss of available for sale securities	$ 218	93
Number of securities designated as available for sale securities having unrealized loss | item	22
Agency Note [Member]
Schedule of Investments [Line Items]
Number of securities designated as available for sale securities having unrealized loss | item	6
Mortgage-backed securities/CMOs [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 21,609	30,507
Unrealized loss of available for sale securities	$ 515	450
Number of securities designated as available for sale securities having unrealized loss | item	26
Corporate bonds [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 2,010	5,964
Unrealized loss of available for sale securities	$ 7	$ 63
Number of securities designated as available for sale securities having unrealized loss | item	2

Securities (Schedule of Unreali

Securities (Schedule of Unrealized Losses) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	$ 45,873	$ 29,755
Continuous Unrealized Loss Position of 12 Months or More, Fair value	2,629	12,392
Total, Fair value	48,502	42,147
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(1,163)	(306)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(74)	(319)
Total, Unrealized losses	(1,237)	(625)
U.S. Government agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	14,501
Continuous Unrealized Loss Position of 12 Months or More, Fair value		980
Total, Fair value	14,501	980
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(497)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses		(19)
Total, Unrealized losses	(497)	(19)
Corporate bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	2,010	5,964
Continuous Unrealized Loss Position of 12 Months or More, Fair value
Total, Fair value	2,010	5,964
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(7)	(63)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses
Total, Unrealized losses	(7)	(63)
Mortgage-backed securities/CMOs [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	18,980	21,003
Continuous Unrealized Loss Position of 12 Months or More, Fair value	2,629	9,504
Total, Fair value	21,609	30,507
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(441)	(212)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(74)	(238)
Total, Unrealized losses	(515)	(450)
Municipal bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Fair value	10,382	2,788
Continuous Unrealized Loss Position of 12 Months or More, Fair value		1,908
Total, Fair value	10,382	4,696
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(218)	(31)
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses		(62)
Total, Unrealized losses	$ (218)	$ (93)

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, 2016USD ($)
Amortized Cost
Total Securities Available for Sale	$ 57,842
Fair Value
Total Securities Available for Sale	56,662
U.S. Government agencies [Member]
Amortized Cost
After one year to five years	4,998
After five years to ten years	10,000
Total Securities Available for Sale	14,998
Fair Value
After one year to five years	4,923
After five years to ten years	9,578
Total Securities Available for Sale	14,501
Corporate bonds [Member]
Amortized Cost
After one year to five years	2,017
Total Securities Available for Sale	2,017
Fair Value
After one year to five years	2,010
Total Securities Available for Sale	2,010
Mortgage-backed securities/CMOs [Member]
Amortized Cost
After one year to five years	1,062
After five years to ten years	6,776
Ten years or more	17,632
Total Securities Available for Sale	25,470
Fair Value
After one year to five years	1,052
After five years to ten years	6,696
Ten years or more	17,234
Total Securities Available for Sale	24,982
Municipal bonds [Member]
Amortized Cost
One year or less	1,012
After one year to five years	3,887
After five years to ten years	6,407
Ten years or more	4,051
Total Securities Available for Sale	15,357
Fair Value
One year or less	1,015
After one year to five years	3,879
After five years to ten years	6,287
Ten years or more	3,988
Total Securities Available for Sale	$ 15,169

Loans (Schedule of Composition

Loans (Schedule of Composition of Loan Portfolio by Loan Classification) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 482,135	$ 423,664
Allowance for loan losses	(3,688)	(3,567)
Total loans, net	478,447	420,097
Commercial and industrial - organic [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	41,560	47,215
Commercial and industrial - government guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	5,550
Commercial and industrial - syndicated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	19,107	23,653
Commercial Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	66,217	70,868
Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	395	2,178
Commercial construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,422	6,214
Land and land development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	10,865	10,519
Real Estate Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	15,682	18,911
1-4 family residential, first lien, investment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	37,538	31,128
1-4 family residential, first lien, owner occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	16,629	20,883
1-4 family residential, junior lien [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,871	3,770
Home equity lines of credit, first lien [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	7,912	11,930
Home equity lines of credit, junior lien [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	14,022	15,670
Farm [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	11,253	7,762
Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	31,052	20,209
Commercial owner occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	83,296	66,244
Commercial non-owner occupied real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	107,062	91,805
Real Estate Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	311,635	269,401
Consumer Revolving Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	20,373	17,174
Consumer all Other Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	11,328	11,655
Student Loans Purchased [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	56,900	35,655
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 88,601	$ 64,484

Loans (Narrative) (Details)

Loans (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)item
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commerical and industrial loan guarantee by SBA and USDA	100.00%
Total loans	$ 482,135	$ 423,664
Deposit account overdrafts	26	38
Loan for 90 days or more past due and still accuring	$ 208
Lifetime allowance for military service	36 months
Unamortized premium	$ 700
Net deferred loan costs	$ 344	$ 311
Student Loans Purchased [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of student loan packages purchased | item	1	2
Total loans	$ 56,900	$ 35,655
Loan for 90 days or more past due and still accuring	$ 188
TDRs [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of student loan packages purchased | item	50
Total loans	$ 889

Loans (Schedule of Activity in

Loans (Schedule of Activity in Related Party Loans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Activity in related party loans
Balance outstanding at the beginning of period	$ 11,556	$ 10,841
Principal additions	5,126	10,445
Principal reductions	(4,104)	(9,730)
Balance outstanding at the end of period	$ 12,578	$ 11,556

Loans (Non-Accrual Loans by Loa

Loans (Non-Accrual Loans by Loan Classification) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Total nonaccrual loans	$ 167	$ 191
Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total nonaccrual loans	51	59
1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total nonaccrual loans	$ 116	$ 132

Loans (Schedule of Aging of Pas

Loans (Schedule of Aging of Past Due Loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Past Due and Non-Accrual Loans
Total Past Due	$ 2,021	$ 1,323
Current	480,114	422,341
Total Loans	482,135	423,664
90 Days Past Due and Still Accruing	208
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	1,543	1,245
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	248	78
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	230
Commercial and industrial - organic [Member]
Past Due and Non-Accrual Loans
Total Past Due	126	251
Current	41,434	46,964
Total Loans	41,560	47,215
90 Days Past Due and Still Accruing
Commercial and industrial - organic [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	65	211
Commercial and industrial - organic [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	61	40
Commercial and industrial - organic [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - government guaranteed [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	5,550
Total Loans	5,550
90 Days Past Due and Still Accruing
Commercial and industrial - government guaranteed [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - government guaranteed [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - government guaranteed [Member] | Financing Receivables, Equal to Greater than 90 Days 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	19,107	23,653
Total Loans	19,107	23,653
90 Days Past Due and Still Accruing
Commercial and industrial - syndicated [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - syndicated [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial and industrial - syndicated [Member] | Financing Receivables, Equal to Greater than 90 Days 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	395	2,178
Total Loans	395	2,178
90 Days Past Due and Still Accruing
Residential Construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Residential Construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Residential Construction [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial construction [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	4,422	6,214
Total Loans	4,422	6,214
90 Days Past Due and Still Accruing
Commercial construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial construction [Member] | Financing Receivables, Equal to Greater than 90 Days 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	22	7
Current	10,843	10,512
Total Loans	10,865	10,519
90 Days Past Due and Still Accruing
Other construction and land [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due		7
Other construction and land [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Other construction and land [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	22
1-4 family residential, first lien, investment [Member]
Past Due and Non-Accrual Loans
Total Past Due	125
Current	37,413	31,128
Total Loans	37,538	31,128
90 Days Past Due and Still Accruing
1-4 family residential, first lien, investment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	125
1-4 family residential, first lien, investment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
1-4 family residential, first lien, investment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
1-4 family residential, first lien, owner occupied [Member]
Past Due and Non-Accrual Loans
Total Past Due	20	93
Current	16,609	20,790
Total Loans	16,629	20,883
90 Days Past Due and Still Accruing	20
1-4 family residential, first lien, owner occupied [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due		93
1-4 family residential, first lien, owner occupied [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
1-4 family residential, first lien, owner occupied [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	20
1-4 family residential, junior lien [Member]
Past Due and Non-Accrual Loans
Total Past Due		99
Current	2,871	3,671
Total Loans	2,871	3,770
90 Days Past Due and Still Accruing
1-4 family residential, junior lien [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due		63
1-4 family residential, junior lien [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due		36
1-4 family residential, junior lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit, first lien [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	7,912	11,930
Total Loans	7,912	11,930
90 Days Past Due and Still Accruing
Home equity lines of credit, first lien [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit, first lien [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit, first lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit, junior lien [Member]
Past Due and Non-Accrual Loans
Total Past Due	36
Current	13,986	15,670
Total Loans	14,022	15,670
90 Days Past Due and Still Accruing
Home equity lines of credit, junior lien [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	36
Home equity lines of credit, junior lien [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Home equity lines of credit, junior lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Farm [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	11,253	7,762
Total Loans	11,253	7,762
90 Days Past Due and Still Accruing
Farm [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Farm [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Farm [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Multifamily [Member]
Past Due and Non-Accrual Loans
Total Past Due
Current	31,052	20,209
Total Loans	31,052	20,209
90 Days Past Due and Still Accruing
Multifamily [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Multifamily [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Multifamily [Member] | Financing Receivables, Equal to Greater than 90 Days 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	83,296	66,244
Total Loans	83,296	66,244
90 Days Past Due and Still Accruing
Commercial owner occupied [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial owner occupied [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial owner occupied [Member] | Financing Receivables, Equal to Greater than 90 Days 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	107,062	91,805
Total Loans	107,062	91,805
90 Days Past Due and Still Accruing
Commercial non-owner occupied real estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial non-owner occupied real estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Commercial non-owner occupied real estate [Member] | Financing Receivables, Equal to Greater than 90 Days 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
Current	20,373	17,174
Total Loans	20,373	17,174
90 Days Past Due and Still Accruing
Consumer Revolving Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Consumer Revolving Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Consumer Revolving Credit [Member] | Financing Receivables, Equal to Greater than 90 Days 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	49	59
Current	11,279	11,596
Total Loans	11,328	11,655
90 Days Past Due and Still Accruing
Consumer all Other Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	1	58
Consumer all Other Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	48	1
Consumer all Other Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due
Student Loans Purchased [Member]
Past Due and Non-Accrual Loans
Total Past Due	1,643	814
Current	55,257	34,841
Total Loans	56,900	35,655
90 Days Past Due and Still Accruing	188
Student Loans Purchased [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	1,316	813
Student Loans Purchased [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	139	1
Student Loans Purchased [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due and Non-Accrual Loans
Total Past Due	$ 188

Loans (Impaired Loans by Loan C

Loans (Impaired Loans by Loan Classification) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
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	2,422	1,619
Unpaid Principal Balance, total	2,502	1,688
Associated Allowance, total
Average Recorded Investment, total	2,072	1,833
Interest Income Recognized, total	116	70
Land and land development [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	51	59
Unpaid Principal Balance, without a valuation allowance	100	103
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	55	64
Interest Income Recognized, without a valuation allowance
1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	116	132
Unpaid Principal Balance, without a valuation allowance	147	157
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	123	200
Interest Income Recognized, without a valuation allowance		2
1-4 family residential, junior lien [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	354	367
Unpaid Principal Balance, without a valuation allowance	354	367
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	360	485
Interest Income Recognized, without a valuation allowance	16	21
Commercial non-owner occupied real estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	1,012	1,061
Unpaid Principal Balance, without a valuation allowance	1,012	1,061
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	1,036	1,080
Interest Income Recognized, without a valuation allowance	45	47
Student Loans Purchased [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, without a valuation allowance	889
Unpaid Principal Balance, without a valuation allowance	889
Associated Allowance, without a valuation allowance
Average Recorded Investment, without a valuation allowance	498
Interest Income Recognized, without a valuation allowance	$ 55
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

Loans (Schedule of Troubled Deb

Loans (Schedule of Troubled Debt Restructurings) (Details) $ in Thousands	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)item
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	54	4
Total Troubled Debt Restructurings | $	$ 2,284	$ 1,462
Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	53	3
Total Troubled Debt Restructurings | $	$ 2,255	$ 1,428
Performing Financing Receivable [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	2	2
Total Troubled Debt Restructurings | $	$ 354	$ 367
Performing Financing Receivable [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	1	1
Total Troubled Debt Restructurings | $	$ 1,012	$ 1,061
Performing Financing Receivable [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	50
Total Troubled Debt Restructurings | $	$ 889
Nonperforming Financing Receivable [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Number of loans | item	1	1
Total Troubled Debt Restructurings | $	$ 29	$ 34

Loans (Schedule of Loans Modifi

Loans (Schedule of Loans Modified Under the Terms of a TDR) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)item
Financing Receivable, Modifications [Line Items]
Number of Loans | item	50
Pre-Modification Recorded Balance	$ 847
Post-Modification Recorded Balance	$ 889
Student Loans Purchased [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | item	50
Pre-Modification Recorded Balance	$ 847
Post-Modification Recorded Balance	$ 889

Allowance for Loan Losses (Narr

Allowance for Loan Losses (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Allowance for Loan Losses [Abstract]
Impaired loans	$ 2,422	$ 1,619

Allowance for Loan Losses (Past

Allowance for Loan Losses (Past Due Aging by Loan Classification) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 3,567	$ 3,164
Charge-offs	(37)	(141)
Recoveries	47	81
Net recoveries (charge-offs)	10	(60)
Provision for loan losses	111	463
Ending Balance	$ 3,688	$ 3,567

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, 2016	Dec. 31, 2015
Allowance for loan losses:
Beginning Balance	$ 3,567	$ 3,164
Charge-offs	(37)	(141)
Recoveries	47	81
Provision for (recovery of) loan losses	111	463
Ending Balance	3,688	3,567
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	3,688	3,567
Financing Receivables:
Individually evaluated for impairment	2,422	1,619
Collectively evaluated for impairment	479,713	422,045
Ending Balance	482,135	423,664
Real Estate Mortgages [Member]
Allowance for loan losses:
Beginning Balance	2,592	2,360
Charge-offs	(12)	(12)
Recoveries	3	46
Provision for (recovery of) loan losses	(77)	198
Ending Balance	2,506	2,592
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	2,506	2,592
Financing Receivables:
Individually evaluated for impairment	1,482	1,560
Collectively evaluated for impairment	310,153	267,841
Ending Balance	311,635	269,401
Commercial Loan [Member]
Allowance for loan losses:
Beginning Balance	797	674
Charge-offs	(25)	(126)
Recoveries	32	35
Provision for (recovery of) loan losses	20	214
Ending Balance	824	797
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	824	797
Financing Receivables:
Individually evaluated for impairment
Collectively evaluated for impairment	66,217	70,868
Ending Balance	66,217	70,868
Real Estate Construction and Land [Member]
Allowance for loan losses:
Beginning Balance	159	102
Charge-offs
Recoveries
Provision for (recovery of) loan losses	(32)	57
Ending Balance	127	159
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	127	159
Financing Receivables:
Individually evaluated for impairment	51	59
Collectively evaluated for impairment	15,631	18,852
Ending Balance	15,682	18,911
Consumer Loan [Member]
Allowance for loan losses:
Beginning Balance	19	28
Charge-offs		(3)
Recoveries	12
Provision for (recovery of) loan losses	200	(6)
Ending Balance	231	19
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	231	19
Financing Receivables:
Individually evaluated for impairment	889
Collectively evaluated for impairment	87,712	64,484
Ending Balance	$ 88,601	$ 64,484

Allowance for Loan Losses (Sche

Allowance for Loan Losses (Schedule of Changes in Methodology) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Provision (Recovery)	$ 111	$ 463
Difference	41
Based on Prior Methodology [Member]
Provision (Recovery)	70
Commercial Loan [Member]
Provision (Recovery)	20
Difference	110
Commercial Loan [Member] | Based on Prior Methodology [Member]
Provision (Recovery)	(90)
Real Estate Construction and Land [Member]
Provision (Recovery)	(32)
Difference	(9)
Real Estate Construction and Land [Member] | Based on Prior Methodology [Member]
Provision (Recovery)	(23)
Real Estate Mortgages [Member]
Provision (Recovery)	(77)
Difference	(129)
Real Estate Mortgages [Member] | Based on Prior Methodology [Member]
Provision (Recovery)	52
Consumer Loan [Member]
Provision (Recovery)	200
Difference	69
Consumer Loan [Member] | Based on Prior Methodology [Member]
Provision (Recovery)	$ 131

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, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 482,135	$ 423,664
Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	41,560	47,215
Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,550
Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	19,107	23,653
Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	395	2,178
Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4,422	6,214
Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	10,865	10,519
1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	37,538	31,128
1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	16,629	20,883
1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,871	3,770
Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	7,912	11,930
Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	14,022	15,670
Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,253	7,762
Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	31,052	20,209
Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	83,296	66,244
Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	107,062	91,805
Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	20,373	17,174
Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,328	11,655
Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	56,900	35,655
Excellent [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,715	1,574
Excellent [Member] | Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	816	1,238
Excellent [Member] | Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,550
Excellent [Member] | Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | 1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | 1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Excellent [Member] | Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	65	104
Excellent [Member] | Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	284	232
Excellent [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	54,663	58,308
Good [Member] | Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	24,225	30,221
Good [Member] | Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | 1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		1,500
Good [Member] | 1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	695
Good [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Good [Member] | Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	19,766	16,524
Good [Member] | Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	9,977	10,063
Good [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	407,836	349,122
Pass [Member] | Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	15,840	15,599
Pass [Member] | Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Pass [Member] | Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	16,175	20,691
Pass [Member] | Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	395	2,178
Pass [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4,422	6,214
Pass [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	10,271	9,369
Pass [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	35,102	28,832
Pass [Member] | 1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	15,207	18,796
Pass [Member] | 1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,214	3,060
Pass [Member] | Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	7,872	11,890
Pass [Member] | Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	13,911	15,588
Pass [Member] | Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,253	7,762
Pass [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	31,052	20,209
Pass [Member] | Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	81,582	61,803
Pass [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	104,963	89,619
Pass [Member] | Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	539	540
Pass [Member] | Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,027	1,317
Pass [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	56,011	35,655
Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,603	6,195
Watch [Member] | Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	259	101
Watch [Member] | Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5	8
Watch [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,724	1,885
Watch [Member] | 1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	325	335
Watch [Member] | 1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	326	130
Watch [Member] | Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	40	40
Watch [Member] | Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,019	3,694
Watch [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,012
Watch [Member] | Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Watch [Member] | Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4	2
Watch [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	889
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	654	2,251
Special Mention [Member] | Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	236	25
Special Mention [Member] | Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		515
Special Mention [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	229	232
Special Mention [Member] | 1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | 1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	189	418
Special Mention [Member] | Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		1,061
Special Mention [Member] | Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Special Mention [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,664	6,214
Substandard [Member] | Commercial and industrial - organic [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	184	31
Substandard [Member] | Commercial and industrial - government guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member] | Commercial and industrial - syndicated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,932	2,962
Substandard [Member] | Residential construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member] | Land and land development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	589	627
Substandard [Member] | 1-4 family residential, first lien, investment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	483	179
Substandard [Member] | 1-4 family residential, first lien, owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,097	252
Substandard [Member] | 1-4 family residential, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	142	162
Substandard [Member] | Home equity lines of credit, first lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member] | Home equity lines of credit, junior lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	111	82
Substandard [Member] | Farm [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans
Substandard [Member] | Commercial owner occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		747
Substandard [Member] | Commercial non-owner occupied real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,087	1,125
Substandard [Member] | Consumer revolving credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3	6
Substandard [Member] | Consumer all other credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	36	41
Substandard [Member] | Student Loans Purchased [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans

Other Real Estate Owned (Narrat

Other Real Estate Owned (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Other Real Estate [Abstract]
Other Real Estate, Foreclosed Assets, and Repossessed Assets			$ 1,200
Number of residential properties | item	0	1
Other OREO expenses	$ 0	$ 39

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, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Real Estate [Roll Forward]
Balance at beginning of year, gross		$ 2,114
Transfer from loans
Previously recognized impairment losses on disposition		(1,129)
Net loss on sale of property
Sales proceeds		(985)
Balance at end of year, gross
Less: valuation allowance			$ (937)
Balance at end of year, net			$ 1,200

Other Real Estate Owned (Sche70

Other Real Estate Owned (Schedule of Changes in Valuation Allowance for OREO) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Changes in the valuation allowance for OREO
Balance at beginning of year		$ 937
Valuation allowance		192
Charge-offs		(1,129)
Balance at end of year

Premises and Equipment (Summary

Premises and Equipment (Summary of Premises and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 24,070	$ 24,473
Less: accumulated depreciation and amortization	16,024	15,805
Premises and equipment, net	8,046	8,668
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	14,549	15,307
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	1,215	1,215
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross		14
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	6,205	5,941
Software and Software Development Costs [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 2,101	$ 1,996

Premises and Equipment (Narrati

Premises and Equipment (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating Leased Assets [Line Items]
Rent expense	$ 925	$ 961
Minimum [Member]
Operating Leased Assets [Line Items]
Lease term	1 year
Maximum [Member]
Operating Leased Assets [Line Items]
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, 2016USD ($)
Future minimum rental payments
2,017	$ 735
2,018	677
2,019	596
2,020	600
2,021	609
Thereafter	2,059
Total	$ 5,276

Intangible Assets (Narrative) (

Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	Feb. 01, 2016	Dec. 31, 2016	Dec. 31, 2015	Jan. 31, 2016
Business Acquisition [Line Items]
Amortization expense		$ 93
Net carrying value of intangible assets which will be recognized as amortization expense in future reporting periods through 2026		680
Contingent liability		445
Senior Wealth Advisor for VNB Trust [Member]
Business Acquisition [Line Items]
Fair market value of the Purchased Relationships				$ 31,500
Purchase price	$ 1,200
Purchase price repayment term	5 years
Amortization expense		$ 93

Intangible Assets (Schedule of

Intangible Assets (Schedule of Net Asset Values, as Determined by Independent Third Party, Based on Fair Value Measurement) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value
Goodwill	$ 372
Non-Compete Agreement [Member]
% of Total Intangible Assets
Estimated Economic Useful Life	3 years
Customer Relationships Intangible [Member]
% of Total Intangible Assets
Estimated Economic Useful Life	10 years
Senior Wealth Advisor for VNB Trust [Member]
Fair Value
Total Identified Intangible Assets	$ 773
Goodwill	372
Total Assets	$ 1,145
% of Total Intangible Assets
Total Identified Intangible Assets	67.50%
Goodwill	32.50%
Total Intangible Assets	100.00%
Senior Wealth Advisor for VNB Trust [Member] | Non-Compete Agreement [Member]
Fair Value
Total Identified Intangible Assets	$ 103
% of Total Intangible Assets
Total Identified Intangible Assets	9.00%
Senior Wealth Advisor for VNB Trust [Member] | Customer Relationships Intangible [Member]
Fair Value
Total Identified Intangible Assets	$ 670
% of Total Intangible Assets
Total Identified Intangible Assets	58.50%

Intangible Assets (Schedule o76

Intangible Assets (Schedule of Gross and Net Balance of Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 773
Accumulated Amortization	93
Net Carrying Value	680
Non-Compete Agreement [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	103
Accumulated Amortization	32
Net Carrying Value	71
Customer Relationships Intangible [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	670
Accumulated Amortization	61
Net Carrying Value	$ 609

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Demand deposits:
Time Deposits, $250,000 or More	$ 38,400	$ 35,300
Brokered deposits	24,900	17,200
Deposit account overdrafts	26	$ 38
Aggregate amount of related party deposits	$ 3,300

Deposits (Schedule of Maturitie

Deposits (Schedule of Maturities of Time Deposits) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Demand deposits:
2,017	$ 110,184
2,018	1,634
2,019	1,471
2,020	775
2,021	962
Total	$ 115,026	$ 108,618

Income Taxes (Schedule of Net D

Income Taxes (Schedule of Net Deferred Tax Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Allowance for loan losses	$ 1,207	$ 1,130
Non-accrual loan interest	11	8
Stock option/grant expense	122	240
Start-up expenses	51	56
Home equity closing costs	58	63
Deferred compensation expense	16	14
Goodwill and other intangible assets	6
Securities available for sale unrealized loss	401	61
Depreciation	584	610
Deferred tax assets	2,456	2,182
Deferred tax liabilities:
Deferred loan costs	117	106
Deferred tax liabilities	117	106
Net deferred tax assets	$ 2,339	$ 2,076

Income Taxes (Schedule of Provi

Income Taxes (Schedule of Provision for Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Provision for income taxes
Current tax expense	$ 2,525	$ 824
Deferred tax expense	77	373
Provision for income taxes	$ 2,602	$ 1,197

Income Taxes (Schedule of Effec

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation, Amount) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Federal statutory rate	34.00%	34.00%
Computed statutory tax expense	$ 2,839	$ 1,468
Increase (decrease) in tax resulting from:
Tax-exempt interest income	(113)	(148)
Tax-exempt income from Bank Owned Life Insurance (BOLI)	(150)	(150)
Stock option expense	9	10
Other	17	17
Provision for income taxes	$ 2,602	$ 1,197

Commitments and Contingent Li82

Commitments and Contingent Liabilities (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Daily average required balances	$ 0	$ 0

Financial Instruments With Of83

Financial Instruments With Off-Balance Sheet Risk and Credit Risk (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Risks and Uncertainties [Abstract]
Commitment letters	$ 7,500	$ 21,500
Commitment letters expiration period	120 days
Deposits in other financial institutions in excess of amounts insured by the FDIC	$ 341

Financial Instruments With Of84

Financial Instruments With Off-Balance Sheet Risk and Credit Risk (Schedule of Financial Instruments with Credit Risk) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional Amount	$ 117,867	$ 128,101
ACH [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional Amount	14,854	15,219
Unused lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional Amount	96,685	106,389
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional Amount	$ 6,328	$ 6,493

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Director [Member]
Related Party Transaction [Line Items]
Rental expenditures (including reimbursements for taxes, insurance, and other expenses)	$ 475

Capital Requirements (Schedule

Capital Requirements (Schedule of Company and Bank Actual Capital Amounts and Ratios) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Total Capital, Amount
Total Capital, Actual, Amount	$ 62,741	$ 59,982
Total Capital, Minimum Capital Requirement, Amount	42,748	35,824
Common Equity Tier 1 Capital, Amount
Common Equity Tier 1 Capital, Actual, Amount	59,053	56,415
Common Equity Tier 1 Capital, Minimum Capital Requirement, Amount	25,401	20,151
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	59,053	56,415
Tier 1 Capital, Minimum Capital Requirement, Amount	32,835	26,868
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	59,053	56,415
Tier 1 Capital, Minimum Capital Requirement, Amount	$ 22,921	$ 22,462
Total Capital, Ratio
Total Capital (To Risk Weighted Assets), Ratio	12.66%	13.39%
Total Capital, Minimum Capital Requirement, Ratio	8.63%	8.00%
Tier 1 Capital (To Risk Weighted Assets), Ratio	11.91%	12.60%
Tier 1 Capital, Minimum Capital Requirement, Ratio	6.63%	6.00%
Common Equity Tier 1 Capital, Ratio
Common Equity Tier 1 Capital (To Risk Weighted Assets), Ratio	11.91%	12.60%
Common Equity Tier 1 Capital, Minimum Capital Requirement, Ratio	5.13%	4.50%
Tier 1 Capital, Ratio
Tier 1 Capital (To Average Assets), Ratio	10.31%	10.05%
Tier 1 Capital, Minimum Capital Requirement, Ratio	4.00%	4.00%
Bank [Member]
Total Capital, Amount
Total Capital, Actual, Amount	$ 61,528	$ 58,606
Total Capital, Minimum Capital Requirement, Amount	42,756	35,779
Total Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Amount	49,572	44,724
Common Equity Tier 1 Capital, Amount
Common Equity Tier 1 Capital, Actual, Amount	57,840	55,039
Common Equity Tier 1 Capital, Minimum Capital Requirement, Amount	25,406	20,126
Common Equity Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	32,222	29,071
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	57,840	55,039
Tier 1 Capital, Minimum Capital Requirement, Amount	32,842	26,835
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Amount	39,658	35,779
Tier 1 Capital, Amount
Tier 1 Capital, Actual, Amount	57,840	55,039
Tier 1 Capital, Minimum Capital Requirement, Amount	22,905	22,439
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Amount	$ 28,631	$ 28,048
Total Capital, Ratio
Total Capital (To Risk Weighted Assets), Ratio	12.41%	13.10%
Total Capital, Minimum Capital Requirement, Ratio	8.13%	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	11.67%	12.31%
Tier 1 Capital, Minimum Capital Requirement, Ratio	6.63%	6.00%
Tier 1 Capital, Minimum To Be Well Capitalized Under Prompt Corrective, Ratio	8.00%	8.00%
Common Equity Tier 1 Capital, Ratio
Common Equity Tier 1 Capital (To Risk Weighted Assets), Ratio	11.67%	12.31%
Common Equity Tier 1 Capital, Minimum Capital Requirement, Ratio	5.13%	4.50%
Common Equity Tier 1 Capital ,Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier 1 Capital, Ratio
Tier 1 Capital (To Average Assets), Ratio	10.10%	9.81%
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) $ in Thousands	Dec. 31, 2015USD ($)
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
Amount available for cash dividends	$ 7,472

Fair Value Measurements (Assets

Fair Value Measurements (Assets Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	$ 56,662	$ 74,801
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	15,169	20,772
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	14,501	11,378
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	2,010	5,964
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	24,982	36,687
Fair Value, 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
Fair Value, 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, 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
Fair Value, 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
Fair Value, 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
Fair Value, 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	56,662	74,801
Fair Value, 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	15,169	20,772
Fair Value, 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	14,501	11,378
Fair Value, 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	2,010	5,964
Fair Value, 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	24,982	36,687
Fair Value, Inputs, 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
Fair Value, Inputs, 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
Fair Value, Inputs, 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
Fair Value, Inputs, 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
Fair Value, Inputs, 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

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Values and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1 [Member]
Assets
Cash and cash equivalent	$ 38,500	$ 43,527
Fair Value, Inputs, Level 2 [Member]
Assets
Available for sale securities	56,662	74,801
Bank owned life insurance	13,917	13,476
Accrued interest receivable	272	369
Liabilities
Demand deposits and interest-bearing transaction and money market accounts	409,625	377,849
Certificates of deposit	114,979	108,578
Securities sold under agreements to repurchase	19,700	23,156
Accrued interest payable	107	106
Fair Value, Inputs, Level 3 [Member]
Assets
Loans, net	476,438	418,774
Accrued interest receivable	1,390	1,242
Fair Value [Member]
Assets
Cash and cash equivalent	38,500	43,527
Available for sale securities	56,662	74,801
Loans, net	476,438	418,774
Bank owned life insurance	13,917	13,476
Accrued interest receivable	1,662	1,611
Liabilities
Demand deposits and interest-bearing transaction and money market accounts	409,625	377,849
Certificates of deposit	114,979	108,578
Securities sold under agreements to repurchase	19,700	23,156
Accrued interest payable	107	106
Carying Value [Member]
Assets
Cash and cash equivalent	38,500	43,527
Available for sale securities	56,662	74,801
Loans, net	478,447	420,097
Bank owned life insurance	13,917	13,476
Accrued interest receivable	1,662	1,611
Liabilities
Demand deposits and interest-bearing transaction and money market accounts	409,625	377,849
Certificates of deposit	115,026	108,618
Securities sold under agreements to repurchase	19,700	23,156
Accrued interest payable	$ 107	$ 106

Fair Value Measurements (Asse90

Fair Value Measurements (Assets Measured at Fair Value on Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Impaired loans	$ 2,422	$ 1,619

Other Noninterest Expenses (Sch

Other Noninterest Expenses (Schedule of Other Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Other Expenses [Abstract]
ATM, debit and credit card	$ 305	$ 301
Bank franchise tax	432	381
Computer software	385	332
Data processing	1,168	1,049
FDIC deposit insurance assessment	241	351
Marketing, advertising and promotion	389	505
Net OREO write downs and expenses		231
Professional fees	499	544
Other	1,633	1,345
Total	$ 5,052	$ 5,039

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Minimum age of employees for Benefit Plans	18 years
Percentage of contribution matched	100.00%
Percentage of employee contribution	6.00%
Amount of contributed to the plan	$ 314	$ 308

Stock Incentive Plans (Summary

Stock Incentive Plans (Summary of Shares Issued and Available Under Each Plan) (Details)	12 Months Ended
	Dec. 31, 2016$ / 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	0
Total vested and unvested shares	24,464
Fully vested shares	24,464
2003 Stock Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price per share | $ / shares	$ 18.26
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	(82,572)
Cancelled due to Plan expiration	(147,428)
Remaining available for grant	0
Total vested and unvested shares	74,429
Fully vested shares	70,679
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	$ 33.91
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, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to the non-vested awards	$ 8
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 28	$ 30
Minimum [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, 2016USD ($)$ / sharesshares
Number of Options
Outstanding, at the beginning | shares	152,118
Exercised | shares	(11,250)
Expired | shares	(41,975)
Forfeited | shares
Outstanding, at the end | shares	98,893
Options Exercisable | shares	95,143
Weighted Average Exercise Price
Outstanding, at the beginning | $ / shares	$ 25.36
Exercised | $ / shares	15.96
Expired | $ / shares	33.82
Forfeited | $ / shares
Outstanding, at the end | $ / shares	22.83
Exercisable | $ / shares	$ 23.06
Aggregate Intrinsic Value
Outstanding, at the beginning | $	$ 354
Outstanding at end | $	592
Exercisable | $	$ 549

Stock Incentive Plans (Summar96

Stock Incentive Plans (Summary Information Pertaining to Options Outstanding) (Details)	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding | shares	98,893
Weighted-Average Remaining Contractual Life	1 year 9 months 18 days
Weighted Average Exercise Price	$ 22.83
Options Exercisable | shares	95,143
Weighted-Average Exercise Price	$ 23.06
$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	34,514
Weighted-Average Remaining Contractual Life	3 years 3 months 18 days
Weighted Average Exercise Price	$ 17.57
Options Exercisable | shares	30,764
Weighted-Average Exercise Price	$ 17.63
$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	1 year 2 months 12 days
Weighted Average Exercise Price	$ 24.83
Options Exercisable | shares	58,514
Weighted-Average Exercise Price	$ 24.83
$30.01 to 33.91 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price, Minimum	30.01
Exercise Price, Maximum	$ 33.91
Options Outstanding | shares	5,865
Weighted-Average Remaining Contractual Life	2 months 12 days
Weighted Average Exercise Price	$ 33.91
Options Exercisable | shares	5,865
Weighted-Average Exercise Price	$ 33.91

Stock Incentive Plans (Options

Stock Incentive Plans (Options and Restricted stock - Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Intrinsic value of options exercised	$ 95

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Basic earnings per share
Net income (loss)	$ 5,748	$ 3,121
Weighted Average Shares	2,369,331	2,531,964
Per Share Amount	$ 2.43	$ 1.23
Effect of dilutive stock options	14,700	12,427
Effect of dilutive stock options, Per Share Amount	$ (0.02)
Diluted earnings per share
Net income	$ 5,748	$ 3,121
Weighted Average Shares	2,384,031	2,544,391
Per Share Amount	$ 2.41	$ 1.23

Earnings per Share (Narrative)

Earnings per Share (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities considered to be anti-dilutive and excluded from earnings per share calculation	34,960	82,110

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, 2016	Dec. 31, 2015
Available-for-sale securities
Realized gains on sales and calls of securities	$ 197	$ 104
Tax effect	(67)	(35)
Realized gains, net of tax	$ 130	$ 69

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | item	2
VNB Wealth [Member]
Segment Reporting Information [Line Items]
Management fees | $	$ 100	$ 135

Segment Reporting (Schedule of

Segment Reporting (Schedule of Segment Reporting Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Net interest income	$ 18,274	$ 16,308
Provision for loan losses	111	463
Non-interest income	5,483	4,871
Non-interest expense	15,296	16,398
Income (loss) before income taxes	8,350	4,318
Provision for (benefit of) income taxes	2,602	1,197
Net income (loss)	5,748	3,121
Total assets	605,030	567,491
VNB Wealth [Member]
Segment Reporting Information [Line Items]
Net interest income	46	27
Provision for loan losses
Non-interest income	2,377	1,856
Non-interest expense	2,422	2,935
Income (loss) before income taxes	1	(1,052)
Provision for (benefit of) income taxes	1	(353)
Net income (loss)		(699)
Total assets	9,901	9,806
Bank [Member]
Segment Reporting Information [Line Items]
Net interest income	18,228	16,281
Provision for loan losses	111	463
Non-interest income	3,106	3,015
Non-interest expense	12,874	13,463
Income (loss) before income taxes	8,349	5,370
Provision for (benefit of) income taxes	2,601	1,550
Net income (loss)	5,748	3,820
Total assets	$ 595,129	$ 557,685

Condensed Parent Company Fin103

Condensed Parent Company Financial Statements (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Cash dividend paid	$ 1,200	$ 1,000
Additional dividend paid to parent	$ 1,200

Condensed Parent Company Fin104

Condensed Parent Company Financial Statements (Balance Sheet) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 10,047	$ 14,200
Investment securities	58,371	76,482
Other assets	6,697	5,241
Total assets	605,030	567,491
LIABILITIES & SHAREHOLDERS' EQUITY
Stockholders' equity	59,054	56,297	$ 60,632
Total liabilities and shareholders' equity	605,030	567,491
Parent Company [Member]
ASSETS
Cash and due from banks	1,161	1,099
Investment securities	64	64
Investments in subsidiary	57,841	54,921
Other assets	328	488
Total assets	59,394	56,572
LIABILITIES & SHAREHOLDERS' EQUITY
Other liabilities	340	275
Stockholders' equity	59,054	56,297
Total liabilities and shareholders' equity	$ 59,394	$ 56,572

Condensed Parent Company Fin105

Condensed Parent Company Financial Statements (Statement of Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Condensed Income Statements, Captions [Line Items]
Noninterest expense	$ 15,296	$ 16,398
Income before income taxes	8,350	4,318
Income tax (benefit)	2,602	1,197
Net income	5,748	3,121
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Dividends from subsidiary	2,430	965
Noninterest expense	384	558
Income before income taxes	2,046	407
Income tax (benefit)	(121)	(180)
Income before equity in undistributed earnings of subsidiary	2,167	587
Equity in undistributed earnings of subsidiary	3,581	2,534
Net income	$ 5,748	$ 3,121

Condensed Parent Company Fin106

Condensed Parent Company Financial Statements (Statement of Cash Flow) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 5,748	$ 3,121
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred tax expense (benefit)	77	373
Stock option & stock grant expense	28	30
Net cash provided by operating activities	5,292	5,540
CASH FLOWS FROM INVESTING ACTIVITIES	(42,874)	(43,818)
CASH FLOWS FROM FINANCING ACTIVITIES
Stock options exercised or expired	179	22
Stock purchased under stock repurchase plan	(1,260)	(6,342)
Dividends paid	(1,092)	(891)
Net cash provided by financing activities	32,555	27,698
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(5,027)	(10,580)
CASH AND CASH EQUIVALENTS
Beginning of period	43,527	54,107
End of period	38,500	43,527
Parent Company [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	5,748	3,121
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiary	(3,581)	(2,534)
Deferred tax expense (benefit)	(122)	(79)
Stock option & stock grant expense	28	30
Decrease in other assets	164	57
Decrease (increase) in other liabilities	(2)	2
Net cash provided by operating activities	2,235	597
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Stock options exercised or expired	179	22
Stock purchased under stock repurchase plan	(1,260)	(6,342)
Dividends paid	(1,092)	(891)
Net cash provided by financing activities	(2,173)	(7,211)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	62	(6,614)
CASH AND CASH EQUIVALENTS
Beginning of period	1,099	7,713
End of period	$ 1,161	$ 1,099