Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2017 | Aug. 07, 2017 | |
Document Information [Line Items] | ||
Entity Registrant Name | CB Financial Services, Inc. | |
Entity Central Index Key | 1,605,301 | |
Trading Symbol | cbfv | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Well-known Seasoned Issuer | No | |
Entity Common Stock, Shares Outstanding (in shares) | 4,088,025 | |
Document Type | 10-Q | |
Document Period End Date | Jun. 30, 2017 | |
Document Fiscal Year Focus | 2,017 | |
Document Fiscal Period Focus | Q2 | |
Amendment Flag | false |
Consolidated Statement of Finan
Consolidated Statement of Financial Condition (Current Period Unaudited) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
ASSETS | ||
Interest Bearing | $ 17,464 | $ 7,699 |
Non-Interest Bearing | 11,209 | 6,583 |
Total Cash and Due From Banks | 28,673 | 14,282 |
Available-for-Sale | 116,545 | 106,208 |
Loans, Net | 674,262 | 674,094 |
Premises and Equipment, Net | 16,544 | 14,132 |
Bank-Owned Life Insurance | 18,919 | 18,687 |
Goodwill | 4,953 | 4,953 |
Core Deposit Intangible, Net | 3,551 | 3,819 |
Accrued Interest and Other Assets | 8,942 | 9,900 |
TOTAL ASSETS | 872,389 | 846,075 |
LIABILITIES | ||
Demand Deposits | 180,991 | 165,400 |
NOW Accounts | 121,615 | 105,962 |
Money Market Accounts | 132,510 | 141,674 |
Savings Accounts | 131,174 | 121,520 |
Time Deposits | 157,351 | 155,028 |
Brokered Deposits | 3,418 | 8,634 |
Total Deposits | 727,059 | 698,218 |
Short-Term Borrowings | 25,450 | 27,027 |
Other Borrowed Funds | 24,500 | 28,000 |
Accrued Interest and Other Liabilities | 3,480 | 3,361 |
TOTAL LIABILITIES | 780,489 | 756,606 |
STOCKHOLDERS' EQUITY | ||
Preferred Stock, No Par Value; 5,000,000 Shares Authorized | ||
Common Stock, $0.4167 Par Value; 35,000,000 Shares Authorized, 4,363,346 Shares Issued and 4,088,025 and 4,086,625 Shares Outstanding at June 30, 2017 and December 31, 2016, Respectively | 1,818 | 1,818 |
Capital Surplus | 42,041 | 41,863 |
Retained Earnings | 53,420 | 51,713 |
Treasury Stock, at Cost (275,321 and 276,721 Shares at June 30, 2017 and December 31, 2016, Respectively) | (4,722) | (4,746) |
Accumulated Other Comprehensive Loss | (657) | (1,179) |
TOTAL STOCKHOLDERS' EQUITY | 91,900 | 89,469 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 872,389 | $ 846,075 |
Consolidated Statement of Fina3
Consolidated Statement of Financial Condition (Current Period Unaudited) (Parentheticals) - $ / shares | Jun. 30, 2017 | Dec. 31, 2016 |
Preferred stock, par value (in dollars per share) | $ 0 | $ 0 |
Preferred stock, shares authorized (in shares) | 5,000,000 | 5,000,000 |
Common stock, par value (in dollars per share) | $ 0.4167 | $ 0.4167 |
Common stock, shares authorized (in shares) | 35,000,000 | 35,000,000 |
Common stock, shares issued (in shares) | 4,363,346 | 4,363,346 |
Common stock, shares outstanding (in shares) | 4,088,025 | 4,086,625 |
Treasury stock, at cost (in shares) | 275,321 | 276,721 |
Consolidated Statement of Incom
Consolidated Statement of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
INTEREST AND DIVIDEND INCOME | ||||
Loans, Including Fees | $ 7,229 | $ 7,323 | $ 14,371 | $ 14,820 |
Federal Funds Sold | 41 | 8 | 56 | 13 |
Taxable | 386 | 307 | 747 | 631 |
Exempt From Federal Income Tax | 219 | 266 | 436 | 526 |
Other Interest and Dividend Income | 74 | 46 | 130 | 83 |
TOTAL INTEREST AND DIVIDEND INCOME | 7,949 | 7,950 | 15,740 | 16,073 |
INTEREST EXPENSE | ||||
Deposits | 675 | 560 | 1,330 | 1,121 |
Federal Funds Purchased | 1 | |||
Short-Term Borrowings | 20 | 15 | 39 | 29 |
Other Borrowed Funds | 119 | 127 | 241 | 254 |
TOTAL INTEREST EXPENSE | 814 | 702 | 1,610 | 1,405 |
NET INTEREST INCOME | 7,135 | 7,248 | 14,130 | 14,668 |
Provision For Loan Losses | 300 | 300 | 720 | 1,150 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 6,835 | 6,948 | 13,410 | 13,518 |
NONINTEREST INCOME | ||||
Service Fees on Deposit Accounts | 625 | 606 | 1,209 | 1,192 |
Insurance Commissions | 842 | 743 | 1,928 | 1,615 |
Other Commissions | 107 | 112 | 211 | 229 |
Net Gains on Sales of Loans | 162 | 185 | 252 | 309 |
Net Gains on Sales of Investments | 70 | 58 | 122 | 58 |
Net Gains on Purchased Tax Credits | 15 | 29 | ||
Income from Bank-Owned Life Insurance | 116 | 119 | 232 | 239 |
Other | 29 | 45 | 59 | 73 |
TOTAL NONINTEREST INCOME | 1,966 | 1,868 | 4,042 | 3,715 |
Salaries and Employee Benefits | 3,424 | 3,285 | 6,913 | 6,654 |
Occupancy | 604 | 438 | 1,152 | 912 |
Equipment | 473 | 432 | 912 | 854 |
FDIC Assessment | 82 | 115 | 163 | 241 |
PA Shares Tax | 186 | 203 | 376 | 405 |
Contracted Services | 157 | 156 | 289 | 289 |
Legal and Professional Fees | 102 | 114 | 243 | 255 |
Advertising | 182 | 189 | 307 | 354 |
Bankcard Processing Expense | 131 | 122 | 254 | 234 |
Other Real Estate Owned Expense (Income) | 1 | 10 | 6 | (535) |
Amortization of Core Deposit Intangible | 133 | 133 | 267 | 267 |
Other | 829 | 891 | 1,639 | 1,672 |
TOTAL NONINTEREST EXPENSE | 6,304 | 6,088 | 12,521 | 11,602 |
Income Before Income Taxes | 2,497 | 2,728 | 4,931 | 5,631 |
Income Taxes | 696 | 790 | 1,426 | 1,648 |
NET INCOME | $ 1,801 | $ 1,938 | $ 3,505 | $ 3,983 |
EARNINGS PER SHARE | ||||
Basic (in dollars per share) | $ 0.44 | $ 0.48 | $ 0.86 | $ 0.98 |
Diluted (in dollars per share) | $ 0.44 | $ 0.48 | $ 0.85 | $ 0.98 |
WEIGHTED AVERAGE SHARES OUTSTANDING | ||||
Basic (in shares) | 4,088,025 | 4,081,017 | 4,087,659 | 4,081,017 |
Diluted (in shares) | 4,105,338 | 4,084,695 | 4,101,861 | 4,083,313 |
Consolidated Statement of Compr
Consolidated Statement of Comprehensive Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | ||
Net Income | $ 1,801 | $ 1,938 | $ 3,505 | $ 3,983 | |
Other Comprehensive Income: | |||||
Unrealized Gains on Available-for-Sale Securities Net of Income Tax of $198 and $28 for the Three Months Ended June 30, 2017 and 2016, Respectively, and $309 and $164 for the Six Months Ended June 30, 2017 and 2016, Respectively | 385 | 55 | 603 | 316 | |
Reclassification Adjustment for Gains on Securities: Included in Net Income, Net of Income Tax of $23 and $20 for the Three Months Ended June 30, 2017 and 2016, Respectively, and $41 and $20 for the Six Months Ended June 30, 2017 and 2016, Respectively (1) | [1] | (47) | (38) | (81) | (38) |
Other Comprehensive Income, Net of Income Tax | 338 | 17 | 522 | 278 | |
Total Comprehensive Income | $ 2,139 | $ 1,955 | $ 4,027 | $ 4,261 | |
[1] | The gross amount of gains on securities of $70 and $58 for the Three Months Ended June 30, 2017 and 2016, Respectively and $122 and $58 for the Six Months Ended June 30, 2017 and 2016, Respectively are reported as Net Gains on Sales of Investments on the Consolidated Statement of Income. The income tax effect is included in Income Taxes on the Consolidated Statement of Income. |
Consolidated Statement of Comp6
Consolidated Statement of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Unrealized Gains, on Available-for-Sale Securities, Tax | $ 198 | $ 28 | $ 309 | $ 164 |
Reclassification Adjustment for Gains on Securities, Tax | 23 | 20 | 41 | 20 |
Net Gains on Sales of Investments | $ 70 | $ 58 | $ 122 | $ 58 |
Consolidated Statement of Chang
Consolidated Statement of Changes In Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Treasury Stock [Member] | AOCI Attributable to Parent [Member] | Total |
Balance at Dec. 31, 2015 | $ 1,818 | $ 41,614 | $ 47,725 | $ (4,836) | $ 575 | $ 86,896 |
Balance (in shares) at Dec. 31, 2015 | 4,363,346 | |||||
Net Income | 3,983 | 3,983 | ||||
Other Comprehensive Income (Loss) | 278 | 278 | ||||
Stock-Based Compensation Expense | 174 | 174 | ||||
Dividends Paid | (1,796) | (1,796) | ||||
Balance (in shares) at Jun. 30, 2016 | 4,363,346 | |||||
Balance at Jun. 30, 2016 | $ 1,818 | 41,788 | 49,912 | (4,836) | 853 | 89,535 |
Balance at Dec. 31, 2016 | $ 1,818 | 41,863 | 51,713 | (4,746) | (1,179) | 89,469 |
Balance (in shares) at Dec. 31, 2016 | 4,363,346 | |||||
Net Income | 3,505 | 3,505 | ||||
Other Comprehensive Income (Loss) | 522 | 522 | ||||
Stock-Based Compensation Expense | 171 | 171 | ||||
Exercise of stock options | 7 | 24 | 31 | |||
Dividends Paid | (1,798) | (1,798) | ||||
Balance (in shares) at Jun. 30, 2017 | 4,363,346 | |||||
Balance at Jun. 30, 2017 | $ 1,818 | $ 42,041 | $ 53,420 | $ (4,722) | $ (657) | $ 91,900 |
Consolidated Statement of Chan8
Consolidated Statement of Changes In Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares | 6 Months Ended | |
Jun. 30, 2017 | Jun. 30, 2016 | |
Retained Earnings [Member] | ||
Dividends paid (in dollars per share) | $ 0.22 | $ 0.22 |
Consolidated Statement of Cash
Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2017 | Jun. 30, 2016 | |
OPERATING ACTIVITIES | ||
Net Income | $ 3,505 | $ 3,983 |
Adjustments to Reconcil Net Income to Net Cash Provided By Operating Activities: | ||
Net Amortization on Investments | 171 | 116 |
Depreciation and Amortization | 1,305 | 1,510 |
Provision for Loan Losses | 720 | 1,150 |
Income from Bank-Owned Life Insurance | (232) | (239) |
Proceeds From Mortgage Loans Sold | 10,620 | 11,574 |
Originations of Mortgage Loans for Sale | (10,368) | (11,265) |
Gains on Sales of Loans | (252) | (309) |
Gains on Sales of Investment Securities | (122) | (58) |
Gains on Sales of Other Real Estate Owned and Repossessed Assets | (49) | |
Noncash Expense for Stock-Based Compensation | 171 | 174 |
Decrease in Accrued Interest Receivable | 91 | 32 |
Valuation Adjustment on Foreclosed Real Estate | (566) | |
(Decrease) Increase in Taxes Payable | (1,743) | 1,605 |
Increase (Decrease) in Accrued Interest Payable | 4 | (19) |
Net Payment of Federal/State Income Taxes | (1,495) | (1,450) |
Other, Net | 4,078 | 237 |
NET CASH PROVIDED BY OPERATING ACTIVITIES | 6,453 | 6,426 |
INVESTING ACTIVITIES | ||
Proceeds From Principal Repayments and Maturities | 4,588 | 36,894 |
Purchases of Securities | (17,787) | (35,388) |
Proceeds from Sales of Securities | 3,603 | 302 |
Net Increase in Loans | (1,502) | (79) |
Purchase of Premises and Equipment | (3,150) | (281) |
Retirements of Premises and Equipment | 152 | |
Proceeds From Sales of Other Real Estate Owned and Repossessed Assets | 175 | |
Decrease in Restricted Equity Securities | 37 | 571 |
NET CASH USED IN INVESTING ACTIVITIES | (14,059) | 2,194 |
FINANCING ACTIVITIES | ||
Net Increase (Decrease) in Deposits | 28,841 | (4,033) |
Net Decrease in Short-Term Borrowings | (1,577) | (918) |
Principal Payments on Other Borrowed Funds | (3,500) | |
Cash Dividends Paid | (1,798) | (1,796) |
Treasury Stock, Purchases at Cost | 24 | |
Exercise of Stock Options | 7 | |
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | 21,997 | (6,747) |
INCREASE IN CASH AND CASH EQUIVALENTS | 14,391 | 1,873 |
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR | 14,282 | 11,340 |
CASH AND DUE FROM BANKS AT END OF PERIOD | 28,673 | 13,213 |
SUPPLEMENTAL CASH FLOW INFORMATION: | ||
Interest on deposits and borrowings (including interest credited to deposit accounts of $1,323 and $1,137 respectively) | 1,606 | 1,423 |
Income taxes | 1,495 | 1,450 |
Real estate acquired in settlement of loans | 155 | 3,236 |
Transfer of real estate acquired in settlement of loans to premise and equipment | 2,350 | |
Securities sold not settled | (70) | |
Securities purchased not settled | $ 60 |
Consolidated Statement of Cas10
Consolidated Statement of Cash Flows (Unaudited) (Parentheticals) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2017 | Jun. 30, 2016 | |
Interest credited to deposit accounts | $ 1,323 | $ 1,137 |
Note 1 - Summary of Significant
Note 1 - Summary of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | Note 1. Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of CB Financial Services, Inc. (“CB Financial”) and its wholly owned subsidiary, Community Bank (the “Bank”), and the Bank’s wholly-owned subsidiary, Exchange Underwriters, Inc. (“Exchange Underwriters” or “EU”). CB Financial and the Bank are collectively referred to as the “Company”. All intercompany transactions and balances have been eliminated in consolidation. The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not In the opinion of management, the accompanying unaudited interim financial statements include all adjustments considered necessary for a fair presentation of the Company’s financial position and results of operations at the dates and for the periods presented. All of these adjustments are of a normal, recurring nature, and they are the only adjustments included in the accompanying unaudited interim financial statements. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto in the Company’s Annual Report on Form 10 December 31, 2016. not The Company will continue to evaluate the provisions of Accounting Standards Codification (“ASC”) Topic 280 11% 10% 10% not 10% Except as disclosed in Note 4 24, 855, Subsequent Events Nature of Operations The Company derives substantially all its income from banking and bank-related services which include interest earnings on commercial, commercial mortgage, residential real estate and consumer loan financing, as well as interest earnings on investment securities and fees generated from deposit services to its customers. The Company provides banking services primarily to communities in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties located in southwestern Pennsylvania. The Company also conducts insurance brokerage activities through Exchange Underwriters. Acquired Loans Loans that were acquired in the merger with FedFirst Financial Corporation were recorded at fair value with no third For performing loans acquired in the merger, the excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable discount and is recognized into interest income over the remaining life of the loan. For purchased credit impaired (“PCI”) loans acquired in the merger, the difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition is referred to as the nonaccretable discount. The nonaccretable discount represents estimated future credit losses expected to be incurred over the life of the loan. Subsequent decreases to the expected cash flows require an evaluation to determine the need for an allowance for loan losses. Subsequent improvements in expected cash flows result in the reversal of a corresponding amount of the nonaccretable discount which is then reclassified as accretable discount that is recognized into interest income over the remaining life of the loan using the interest method. The evaluation of the amount of future cash flows that is expected to be collected is performed in a similar manner as that used to determine our allowance for credit losses. Charge-offs of the principal amount on acquired loans would be first Reclassifications Certain comparative amounts for the prior year have been reclassified to conform to the current year presentation. Such reclassifications did not Recent Accounting Standards In July 2017, 2017 11, Earnings Per Share (Topic 260 480 815 2017 11 2017 11 December 15, 2018, not December 15, 2019 December 15, 2020 2017 11 not In May 2017, 2017 10, Service Concession Arrangements (Topic 853 2017 10 2017 10 December 15, 2017, not December 15, 2018 December 15, 2019 606 2017 10. 2017 10 not In May 2017, 2017 09, Compensation—Stock Compensation (Topic 718 2017 09 718. 2017 09 December 15, 2017 2017 09 not In March 2017, 2017 08, Receivables- Nonrefundable Fees and Other Costs (Subtopic 310 20 2017 08 2017 08 December 15, 2018, not December 15, 2019 December 15, 2020 2017 08 not In January 2017, 2017 04, Intangibles - Goodwill and Other (Topic 350 2017 04 second one not not 2017 04 December 15, 2019, 2017 04, not In August 2016, 2016 15, Statement of Cash Flow (Topic 230 2016 15 eight zero 2016 15 December 15, 2017, 2016 15, not In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326 2016 13 2016 13 2016 13 not 2016 13 not 2016 13 December 15, 2019, 2016 13, not In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718 2016 09 2016 09 flows. ASU 2016 09 December 15, 2016, 2016 09 January 1, 2017, no In February 2016, 2016 02, Leases (Topic 842 2016 02 twelve present value of the future minimum lease payments over the lease term. Subsequent measurement, including the presentation of expenses and cash flows, will depend on the classification of the lease as either a finance or an operating lease. Accounting by lessors will remain largely unchanged from current U.S. GAAP. ASU 2016 02 December 15, 2018, 2016 02, In January 2016, 2016 01, Financial Instruments – Overall (Subtopic 825 10 2016 01 presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or in the accompanying notes to the financial statements. ASU 2016 01 December 15, 2017, 2016 01, not In May 2014, 2014 09, Revenue from Contracts with Customers 2014 09 August 2015, 2015 14, 2014 09. January 1, 2018. January 1, 2018. not not |
Note 2 - Earnings Per Share
Note 2 - Earnings Per Share | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | Note 2. There are no The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation. Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Weighted-Average Common Shares Outstanding 4,363,346 4,363,346 4,363,346 4,363,346 Average Treasury Stock Shares (275,321 ) (282,329 ) (275,687 ) (282,329 ) Weighted-Average Common Shares and Common Stock Equivalents Used to Calculate Basic Earnings Per Share 4,088,025 4,081,017 4,087,659 4,081,017 Additional Common Stock Equivalents (Stock Options and Restricted Stock) Used to Calculate Diluted Earnings Per Share 17,313 3,678 14,202 2,296 Weighted-Average Common Shares and Common Stock Equivalents Used to Calculate Diluted Earnings Per Share 4,105,338 4,084,695 4,101,861 4,083,313 Earnings per share: Basic $ 0.44 $ 0.48 $ 0.86 $ 0.98 Diluted 0.44 0.48 0.85 0.98 |
Note 3 - Investment Securities
Note 3 - Investment Securities | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | Note 3. The following table presents the amortized cost and fair value of investment securities available-for-sale at the dates indicated: (Dollars in thousands) June 30, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 66,620 $ 1 $ (1,335 ) $ 65,286 Obligations of States and Political Subdivisions 36,423 394 (90 ) 36,727 Mortgage-Backed Securities - Government-Sponsored Enterprises 12,907 9 (33 ) 12,883 Equity Securities - Mutual Funds 500 7 - 507 Equity Securities - Other 1,091 74 (23 ) 1,142 Total $ 117,541 $ 485 $ (1,481 ) $ 116,545 December 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 67,944 $ 18 $ (1,806 ) $ 66,156 Obligations of States and Political Subdivisions 35,856 366 (487 ) 35,735 Mortgage-Backed Securities - Government-Sponsored Enterprises 2,588 31 - 2,619 Equity Securities - Mutual Funds 500 7 - 507 Equity Securities - Other 1,106 91 (6 ) 1,191 Total $ 107,994 $ 513 $ (2,299 ) $ 106,208 The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at the dates indicated: (Dollars in thousands) June 30, 2017 Less than 12 months 12 Months or Greater Total Number Gross Number Gross Number Gross of Fair Unrealized of Fair Unrealized of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses U.S. Government Agencies 21 $ 57,265 $ (1,335 ) - $ - $ - 21 $ 57,265 $ (1,335 ) Obligations of States and 18 9,097 (78 ) 4 1,629 (12 ) 22 10,726 (90 ) Mortgage-Backed Securities - 5 10,639 (33 ) - - - 5 10,639 (33 ) Equity Securities - Other 5 373 (23 ) - - - 5 373 (23 ) Total 49 $ 77,374 $ (1,469 ) 4 $ 1,629 $ (12 ) 53 $ 79,003 $ (1,481 ) December 31, 2016 Less than 12 months 12 Months or Greater Total Number Gross Number Gross Number Gross of Fair Unrealized of Fair Unrealized of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses U.S. Government Agencies 23 $ 62,853 $ (1,806 ) - $ - $ - 23 $ 62,853 $ (1,806 ) Obligations of States and 39 19,749 (485 ) 1 260 (2 ) 40 20,009 (487 ) Equity Securities - Other 2 160 (6 ) - - - 2 160 (6 ) Total 64 $ 82,762 $ (2,297 ) 1 $ 260 $ (2 ) 65 $ 83,022 $ (2,299 ) For debt securities, the Company does not June 30, 2017 December 31, 2016 may June 30, 2017 December 31, 2016 not not not The following table presents the scheduled maturities of investment securities as of the date indicated: (Dollars in thousands) June 30, 2017 Available-for-Sale Amortized Fair Cost Value Due in One Year or Less $ 1,576 $ 1,588 Due after One Year through Five Years 17,826 17,898 Due after Five Years through Ten Years 84,604 83,467 Due after Ten Years 13,535 13,592 Total $ 117,541 $ 116,545 Equity Securities – Mutual Funds and Equity Securities – Other do not |
Note 4 - Loans and Related Allo
Note 4 - Loans and Related Allowance for Loan Loss | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 4. The Company’s loan portfolio is made up of four no (Dollars in thousands) June 30, 2017 December 31, 2016 Amount Percent Amount Percent Originated Loans Real Estate: Residential $ 189,189 35.0 % $ 186,077 35.4 % Commercial 140,652 26.1 139,894 26.7 Construction 20,186 3.7 10,646 2.0 Commercial and Industrial 75,665 14.1 71,091 13.5 Consumer 110,113 20.4 114,007 21.7 Other 3,508 0.7 3,637 0.7 Total Originated Loans 539,313 100.0 % 525,352 100.0 % Allowance for Loan Losses (7,468 ) (7,283 ) Loans, Net $ 531,845 $ 518,069 Loans Acquired at Fair Value Real Estate: Residential $ 78,358 54.8 % $ 85,511 54.7 % Commercial 55,628 39.0 61,116 39.0 Commercial and Industrial 8,849 6.1 9,721 6.2 Consumer 197 0.1 197 0.1 Total Loans Acquired at Fair Value 143,032 100.0 % 156,545 100.0 % Allowance for Loan Losses (615 ) (520 ) Loans, Net $ 142,417 $ 156,025 Total Loans Real Estate: Residential $ 267,547 39.2 % $ 271,588 39.8 % Commercial 196,280 28.8 201,010 29.5 Construction 20,186 2.9 10,646 1.6 Commercial and Industrial 84,514 12.4 80,812 11.9 Consumer 110,310 16.2 114,204 16.7 Other 3,508 0.5 3,637 0.5 Total Loans 682,345 100.0 % 681,897 100.0 % Allowance for Loan Losses (8,083 ) (7,803 ) Loans, Net $ 674,262 $ 674,094 Total unamortized net deferred loan fees were $872,000 $818,000 June 30, 2017 December 31, 2016, Real estate loans serviced for others, which are not $90.4 $83.9 June 30, 2017 December 31, 2016, The following table presents loans summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of the dates indicated. At June 30, 2017 December 31, 2016, no (Dollars in thousands) June 30, 2017 Special Pass Mention Substandard Doubtful Total Originated Loans Real Estate: Residential $ 187,741 $ 1,061 $ 387 $ - $ 189,189 Commercial 123,544 14,037 2,821 250 140,652 Construction 19,562 - 565 59 20,186 Commercial and Industrial 62,712 10,189 1,312 1,452 75,665 Consumer 110,084 - 29 - 110,113 Other 3,508 - - - 3,508 Total Originated Loans $ 507,151 $ 25,287 $ 5,114 $ 1,761 $ 539,313 Loans Acquired at Fair Value Real Estate: Residential $ 76,342 $ - $ 2,016 $ - $ 78,358 Commercial 52,920 1,997 511 200 55,628 Commercial and Industrial 8,418 13 320 98 8,849 Consumer 197 - - - 197 Total Loans Acquired at Fair Value $ 137,877 $ 2,010 $ 2,847 $ 298 $ 143,032 Total Loans Real Estate: Residential $ 264,083 $ 1,061 $ 2,403 $ - $ 267,547 Commercial 176,464 16,034 3,332 450 196,280 Construction 19,562 - 565 59 20,186 Commercial and Industrial 71,130 10,202 1,632 1,550 84,514 Consumer 110,281 - 29 - 110,310 Other 3,508 - - - 3,508 Total Loans $ 645,028 $ 27,297 $ 7,961 $ 2,059 $ 682,345 December 31, 2016 Special Pass Mention Substandard Doubtful Total Originated Loans Real Estate: Residential $ 184,721 $ 1,050 $ 306 $ - $ 186,077 Commercial 122,811 14,118 2,035 930 139,894 Construction 9,944 - 595 107 10,646 Commercial and Industrial 65,612 2,720 1,322 1,437 71,091 Consumer 113,847 - 160 - 114,007 Other 3,637 - - - 3,637 Total Originated Loans $ 500,572 $ 17,888 $ 4,418 $ 2,474 $ 525,352 Loans Acquired at Fair Value Real Estate: Residential $ 83,044 $ - $ 2,467 $ - $ 85,511 Commercial 58,411 2,358 347 - 61,116 Commercial and Industrial 9,117 42 441 121 9,721 Consumer 197 - - - 197 Total Loans Acquired at Fair Value $ 150,769 $ 2,400 $ 3,255 $ 121 $ 156,545 Total Loans Real Estate: Residential $ 267,765 $ 1,050 $ 2,773 $ - $ 271,588 Commercial 181,222 16,476 2,382 930 201,010 Construction 9,944 - 595 107 10,646 Commercial and Industrial 74,729 2,762 1,763 1,558 80,812 Consumer 114,044 - 160 - 114,204 Other 3,637 - - - 3,637 Total Loans $ 651,341 $ 20,288 $ 7,673 $ 2,595 $ 681,897 The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of the dates indicated. (Dollars in thousands) June 30, 2017 30-59 60-89 90 Days Loans Days Days Or More Total Non- Total Current Past Due Past Due Past Due Past Due Accrual Loans Originated Loans Real Estate: Residential $ 188,747 $ - $ 17 $ 66 $ 83 $ 359 $ 189,189 Commercial 140,364 - - - - 288 140,652 Construction 20,127 - - - - 59 20,186 Commercial and Industrial 73,241 532 - - 532 1,892 75,665 Consumer 108,813 1,179 75 17 1,271 29 110,113 Other 3,508 - - - - - 3,508 Total Originated Loans $ 534,800 $ 1,711 $ 92 $ 83 $ 1,886 $ 2,627 $ 539,313 Loans Acquired at Fair Value Real Estate: Residential $ 76,978 $ 165 $ - $ 88 $ 253 $ 1,127 $ 78,358 Commercial 55,428 - - - - 200 55,628 Commercial and Industrial 8,832 - - - - 17 8,849 Consumer 197 - - - - - 197 Total Loans Acquired at Fair Value $ 141,435 $ 165 $ - $ 88 $ 253 $ 1,344 $ 143,032 Total Loans Real Estate: Residential $ 265,725 $ 165 $ 17 $ 154 $ 336 $ 1,486 $ 267,547 Commercial 195,792 - - - - 488 196,280 Construction 20,127 - - - - 59 20,186 Commercial and Industrial 82,073 532 - - 532 1,909 84,514 Consumer 109,010 1,179 75 17 1,271 29 110,310 Other 3,508 - - - - - 3,508 Total Loans $ 676,235 $ 1,876 $ 92 $ 171 $ 2,139 $ 3,971 $ 682,345 December 31, 2016 30-59 60-89 90 Days Loans Days Days Or More Total Non- Total Current Past Due Past Due Past Due Past Due Accrual Loans Originated Loans Real Estate: Residential $ 183,939 $ 1,638 $ 72 $ 120 $ 1,830 $ 308 $ 186,077 Commercial 139,821 - - - - 73 139,894 Construction 10,539 - - - - 107 10,646 Commercial and Industrial 68,310 952 - - 952 1,829 71,091 Consumer 112,232 1,311 296 8 1,615 160 114,007 Other 3,637 - - - - - 3,637 Total Originated Loans $ 518,478 $ 3,901 $ 368 $ 128 $ 4,397 $ 2,477 $ 525,352 Loans Acquired at Fair Value Real Estate: Residential $ 82,523 $ 893 $ 307 $ 223 $ 1,423 $ 1,565 $ 85,511 Commercial 60,437 332 - - 332 347 61,116 Commercial and Industrial 9,577 121 23 - 144 - 9,721 Consumer 197 - - - - - 197 Total Loans Acquired at Fair Value $ 152,734 $ 1,346 $ 330 $ 223 $ 1,899 $ 1,912 $ 156,545 Total Loans Real Estate: Residential $ 266,462 $ 2,531 $ 379 $ 343 $ 3,253 $ 1,873 $ 271,588 Commercial 200,258 332 - - 332 420 201,010 Construction 10,539 - - - - 107 10,646 Commercial and Industrial 77,887 1,073 23 - 1,096 1,829 80,812 Consumer 112,429 1,311 296 8 1,615 160 114,204 Other 3,637 - - - - - 3,637 Total Loans $ 671,212 $ 5,247 $ 698 $ 351 $ 6,296 $ 4,389 $ 681,897 The following table sets forth the amounts and categories of our nonperforming assets at the dates indicated. Included in nonperforming loans and assets are troubled debt restructurings (“TDRs”), which are loans whose contractual terms have been restructured in a manner which grants a concession to a borrower experiencing financial difficulties. Nonaccrual TDRs are included in their specific loan category in the nonaccrual loans section. (Dollars in Thousands) June 30, December 31, 2017 2016 Nonaccrual Loans: Originated Loans: Real Estate: Residential $ 359 $ 308 Commercial 288 73 Construction 59 107 Commercial and Industrial 1,892 1,829 Consumer 29 160 Total Originated Nonaccrual Loans 2,627 2,477 Loans Acquired at Fair Value: Real Estate: Residential 1,127 1,565 Commercial 200 347 Commercial and Industrial 17 - Total Loans Acquired at Fair Value Nonaccrual Loans 1,344 1,912 Total Nonaccrual Loans 3,971 4,389 Accruing Loans Past Due 90 Days or More: Originated Loans: Real Estate: Residential 66 120 Consumer 17 8 Total Originated Accruing Loans 90 Days or More Past Due 83 128 Loans Acquired at Fair Value: Real Estate: Residential 88 223 Total Loans Acquired at Fair Value Accruing Loans 90 Days or More Past Due 88 223 Total Accruing Loans 90 Days or More Past Due 171 351 Total Nonaccrual Loans and Accruing Loans 90 Days or More Past Due 4,142 4,740 Troubled Debt Restructurings, Accruing: Originated Loans: Real Estate - Commercial 1,298 1,325 Commercial and Industrial 5 6 Other 3 4 Total Originated Loans 1,306 1,335 Loans Acquired at Fair Value: Real Estate - Residential 1,279 1,299 Real Estate - Commercial 457 660 Commercial and Industrial 303 393 Total Loans Acquired at Fair Value 2,039 2,352 Total Troubled Debt Restructurings, Accruing 3,345 3,687 Total Nonperforming Loans 7,487 8,427 Real Estate Owned: Residential 208 - Commercial 174 174 Total Real Estate Owned 382 174 Total Nonperforming Assets $ 7,869 $ 8,601 Nonperforming Loans to Total Loans 1.10 % 1.24 % Nonperforming Assets to Total Assets 0.90 1.02 The recorded investment of residential real estate loans for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction was $795,000 $2.2 June 30, 2017 December 31, 2016, TDRs typically are the result of our loss mitigation activities whereby concessions are granted to minimize loss and avoid foreclosure or repossession of collateral. The concessions granted for the TDRs in the portfolio primarily consist of, but are not 14 $4.3 15 $4.7 June 30, 2017 December 31, 2016, 6 $2.3 June 30, 2017 December 31, 2016, 8 $2.0 9 $2.4 June 30, 2017 December 31, 2016, During the six June 30, 2016, one one one No three six June 30, 2017 2016, The following table presents information at the time of modification related to loans modified as TDRs during the periods indicated. No three six June 30, 2017 three June 30, 2016. six June 30, 2016. (Dollars in thousands) Six Months Ended June 30, 2016 Pre- Post- Modification Modification Number Outstanding Outstanding of Recorded Recorded Related Contracts Investment Investment Allowance Originated Loans Real Estate Other 1 $ 7 $ 7 $ - Total 1 $ 7 $ 7 $ - Loans Acquired at Fair Value Real Estate Residential 1 $ 37 $ 45 $ - Commercial 1 539 539 Total 2 $ 576 $ 584 $ - The following table presents a summary of the loans considered to be impaired as of the dates indicated. (Dollars in thousands) June 30, 2017 Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized With No Related Allowance Recorded: Originated Loans Real Estate: Residential $ 101 $ - $ 102 $ 104 $ 2 Commercial 1,947 - 1,947 2,003 46 Construction 624 - 624 652 13 Commercial and Industrial 664 - 664 666 17 Other 3 - 3 3 - Total With No Related Allowance Recorded $ 3,339 $ - $ 3,340 $ 3,428 $ 78 Loans Acquired at Fair Value Real Estate: Residential $ 1,279 $ - $ 1,279 $ 1,289 $ 33 Commercial 1,168 - 1,168 1,317 23 Commercial and Industrial 320 - 320 380 8 Total With No Related Allowance Recorded $ 2,767 $ - $ 2,767 $ 2,986 $ 64 Total Loans Real Estate: Residential $ 1,380 $ - $ 1,381 $ 1,393 $ 35 Commercial 3,115 - 3,115 3,320 69 Construction 624 - 624 652 13 Commercial and Industrial 984 - 984 1,046 25 Other 3 - 3 3 - Total With No Related Allowance Recorded $ 6,106 $ - $ 6,107 $ 6,414 $ 142 With A Related Allowance Recorded: Originated Loans Real Estate: Commercial $ 1,508 $ 425 $ 1,508 $ 1,523 $ 33 Commercial and Industrial 2,105 815 2,155 2,271 52 Total With A Related Allowance Recorded $ 3,613 $ 1,240 $ 3,663 $ 3,794 $ 85 Loans Acquired at Fair Value Commercial and Industrial $ 98 $ 16 $ 98 $ 109 $ 3 Total With A Related Allowance Recorded $ 98 $ 16 $ 98 $ 109 $ 3 Total Loans Real Estate: Commercial $ 1,508 $ 425 $ 1,508 $ 1,523 $ 33 Commercial and Industrial 2,203 831 2,253 2,380 55 Total With A Related Allowance Recorded $ 3,711 $ 1,256 $ 3,761 $ 3,903 $ 88 June 30, 2017 (cont.) Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized Total Impaired Loans: Originated Loans Real Estate: Residential $ 101 $ - $ 102 $ 104 $ 2 Commercial 3,455 425 3,455 3,526 79 Construction 624 - 624 652 13 Commercial and Industrial 2,769 815 2,819 2,937 69 Other 3 - 3 3 - Total Impaired Loans $ 6,952 $ 1,240 $ 7,003 $ 7,222 $ 163 Loans Acquired at Fair Value Real Estate: Residential $ 1,279 $ - $ 1,279 $ 1,289 $ 33 Commercial 1,168 - 1,168 1,317 23 Commercial and Industrial 418 16 418 489 11 Total Impaired Loans $ 2,865 $ 16 $ 2,865 $ 3,095 $ 67 Total Loans Real Estate: Residential $ 1,380 $ - $ 1,381 $ 1,393 $ 35 Commercial 4,623 425 4,623 4,843 102 Construction 624 - 624 652 13 Commercial and Industrial 3,187 831 3,237 3,426 80 Other 3 - 3 3 - Total Impaired Loans $ 9,817 $ 1,256 $ 9,868 $ 10,317 $ 230 December 31, 2016 Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized With No Related Allowance Recorded: Originated Loans Real Estate: Commercial $ 2,112 $ - $ 2,112 $ 2,228 $ 100 Construction 702 - 702 843 28 Commercial and Industrial 825 - 825 891 45 Other 4 - 4 6 1 Total With No Related Allowance Recorded $ 3,643 $ - $ 3,643 $ 3,968 $ 174 Loans Acquired at Fair Value Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 660 - 660 763 47 Commercial and Industrial 441 - 441 543 21 Total With No Related Allowance Recorded $ 2,401 $ - $ 2,401 $ 2,626 $ 136 Total Loans Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 2,772 - 2,772 2,991 147 Construction 702 - 702 843 28 Commercial and Industrial 1,266 - 1,266 1,434 66 Other 4 - 4 6 1 Total With No Related Allowance Recorded $ 6,044 $ - $ 6,044 $ 6,594 $ 310 With A Related Allowance Recorded: Originated Loans Real Estate: Commercial $ 1,249 $ 360 $ 1,249 $ 1,277 $ 66 Commercial and Industrial 1,940 655 1,946 1,951 27 Total With A Related Allowance Recorded $ 3,189 $ 1,015 $ 3,195 $ 3,228 $ 93 Loans Acquired at Fair Value Real Estate: Commercial $ 347 $ 114 $ 437 $ 367 $ - Commercial and Industrial 121 31 121 141 6 Total With A Related Allowance Recorded $ 468 $ 145 $ 558 $ 508 $ 6 Total Loans Real Estate: Commercial $ 1,596 $ 474 $ 1,686 $ 1,644 $ 66 Commercial and Industrial 2,061 686 2,067 2,092 33 Total With A Related Allowance Recorded $ 3,657 $ 1,160 $ 3,753 $ 3,736 $ 99 December 31, 2016 (cont.) Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized Total Impaired Loans Originated Loans Real Estate: Commercial $ 3,361 $ 360 $ 3,361 $ 3,505 $ 166 Construction 702 - 702 843 28 Commercial and Industrial 2,765 655 2,771 2,842 72 Other 4 - 4 6 1 Total Impaired Loans $ 6,832 $ 1,015 $ 6,838 $ 7,196 $ 267 Loans Acquired at Fair Value Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 1,007 114 1,097 1,130 47 Commercial and Industrial 562 31 562 684 27 Total Impaired Loans $ 2,869 $ 145 $ 2,959 $ 3,134 $ 142 Total Loans Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 4,368 474 4,458 4,635 213 Construction 702 - 702 843 28 Commercial and Industrial 3,327 686 3,333 3,526 99 Other 4 - 4 6 1 Total Impaired Loans $ 9,701 $ 1,160 $ 9,797 $ 10,330 $ 409 The following table presents the activity in the allowance for loan losses summarized by major classifications and segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for potential impairment for the periods indicated. (Dollars in thousands) June 30, 2017 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans March 31, 2017 $ 1,089 $ 1,898 $ 83 $ 1,598 $ 2,256 $ - $ 282 $ 7,206 Charge-offs - - - - (118 ) - - (118 ) Recoveries 1 - - 25 53 - - 79 Provision (150 ) 119 59 137 32 - 103 300 June 30, 2017 $ 940 $ 2,017 $ 142 $ 1,760 $ 2,223 $ - $ 385 $ 7,467 Loans Acquired at Fair Value March 31, 2017 $ - $ 471 $ - $ 114 $ - $ - $ (6 ) $ 579 Charge-offs - (3 ) - - - - - (3 ) Recoveries 38 1 - - 1 - - 40 Provision (38 ) 144 - (5 ) (1 ) - (100 ) - June 30, 2017 $ - $ 613 $ - $ 109 $ - $ - $ (106 ) $ 616 Total Allowance for Loan Losses March 31, 2017 $ 1,089 $ 2,369 $ 83 $ 1,712 $ 2,256 $ - $ 276 $ 7,785 Charge-offs - (3 ) - - (118 ) - - (121 ) Recoveries 39 1 - 25 54 - - 119 Provision (188 ) 263 59 132 31 - 3 300 June 30, 2017 $ 940 $ 2,630 $ 142 $ 1,869 $ 2,223 $ - $ 279 $ 8,083 Originated Loans December 31, 2016 $ 1,106 $ 1,942 $ 65 $ 1,579 $ 2,463 $ - $ 128 $ 7,283 Charge-offs - - (445 ) - - (445 ) Recoveries 5 - 36 118 - - 159 Provision (171 ) 75 77 145 87 - 257 470 June 30, 2017 $ 940 $ 2,017 $ 142 $ 1,760 $ 2,223 $ - $ 385 $ 7,467 Loans Acquired at Fair Value December 31, 2016 $ - $ 365 $ - $ 120 $ - $ - $ 35 $ 520 Charge-offs (64 ) (132 ) - - - - (196 ) Recoveries 38 1 - - 3 - - 42 Provision 26 379 - (11 ) (3 ) - (141 ) 250 June 30, 2017 $ - $ 613 $ - $ 109 $ - $ - $ (106 ) $ 616 Total Allowance for Loan Losses December 31, 2016 $ 1,106 $ 2,307 $ 65 $ 1,699 $ 2,463 $ - $ 163 $ 7,803 Charge-offs (64 ) (132 ) - - (445 ) - - (641 ) Recoveries 43 1 - 36 121 - - 201 Provision (145 ) 454 77 134 84 - 116 720 June 30, 2017 $ 940 $ 2,630 $ 142 $ 1,869 $ 2,223 $ - $ 279 $ 8,083 June 30, 2017 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans Individually Evaluated for Impairment $ - $ 425 $ - $ 815 $ - $ - $ - $ 1,240 Collectively Evaluated for $ 940 $ 1,592 $ 142 $ 945 $ 2,223 $ - $ 385 $ 6,227 Loans Acquired at Fair Value Individually Evaluated for Impairment $ - $ - $ - $ 16 $ - $ - $ - $ 16 Collectively Evaluated for $ - $ 613 $ - $ 93 $ - $ - $ (106 ) $ 600 Total Allowance for Loan Losses Individually Evaluated for Impairment $ - $ 425 $ - $ 831 $ - $ - $ - $ 1,256 Collectively Evaluated for $ 940 $ 2,205 $ 142 $ 1,038 $ 2,223 $ - $ 279 $ 6,827 The following table presents changes in the accretable discount on the loans acquired at fair value for the dates indicated. June 30, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans March 31, 2016 $ 1,259 $ 2,036 $ 117 $ 1,103 $ 2,176 $ 2 $ 244 $ 6,937 Charge-offs - - - - (120 ) (14 ) - (134 ) Recoveries 3 - - - 53 5 - 61 Provision (152 ) (80 ) (35 ) 365 34 8 51 191 June 30, 2016 $ 1,110 $ 1,956 $ 82 $ 1,468 $ 2,143 $ 1 $ 295 $ 7,055 Loans Acquired at Fair Value March 31, 2016 $ - $ - $ - $ - $ - $ - $ 36 $ 36 Charge-offs (14 ) - - - - - - (14 ) Recoveries 3 1 - - 1 - - 5 Provision 11 10 - 115 (1 ) - (26 ) 109 June 30, 2016 $ - $ 11 $ - $ 115 $ - $ - $ 10 $ 136 Total Allowance for Loan Losses March 31, 2016 $ 1,259 $ 2,036 $ 117 $ 1,103 $ 2,176 $ 2 $ 280 $ 6,973 Charge-offs (14 ) - - - (120 ) (14 ) - (148 ) Recoveries 6 1 - - 54 5 - 66 Provision (141 ) (70 ) (35 ) 480 33 8 25 300 June 30, 2016 $ 1,110 $ 1,967 $ 82 $ 1,583 $ 2,143 $ 1 $ 305 $ 7,191 Originated Loans December 31, 2015 $ 1,623 $ 2,045 $ 137 $ 784 $ 1,887 $ - $ 14 $ 6,490 Charge-offs (20 ) - - - (310 ) (26 ) - (356 ) Recoveries 4 - - - 80 11 - 95 Provision (497 ) (89 ) (55 ) 684 486 16 281 826 June 30, 2016 $ 1,110 $ 1,956 $ 82 $ 1,468 $ 2,143 $ 1 $ 295 $ 7,055 Loans Acquired at Fair Value December 31, 2015 $ - $ - $ - $ - $ - $ - $ - $ - Charge-offs (16 ) (180 ) - - (4 ) - - (200 ) Recoveries 5 2 - - 5 - - 12 Provision 11 189 - 115 (1 ) - 10 324 June 30, 2016 $ - $ 11 $ - $ 115 $ - $ - $ 10 $ 136 Total Allowance for Loan Losses December 31, 2015 $ 1,623 $ 2,045 $ 137 $ 784 $ 1,887 $ - $ 14 $ 6,490 Charge-offs (36 ) (180 ) - - (314 ) (26 ) - (556 ) Recoveries 9 2 - - 85 11 - 107 Provision (486 ) 100 (55 ) 799 485 16 291 1,150 June 30, 2016 $ 1,110 $ 1,967 $ 82 $ 1,583 $ 2,143 $ 1 $ 305 $ 7,191 June 30, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans Individually Evaluated for Impairment $ - $ 392 $ - $ 647 $ - $ - $ - $ 1,039 Collectively Evaluated for Potential Impairment $ 1,110 $ 1,564 $ 82 $ 821 $ 2,143 $ 1 $ 295 $ 6,016 Loans Acquired at Fair Value Individually Evaluated for Impairment $ 81 $ 133 $ - $ - $ - $ - $ - $ 214 Collectively Evaluated for Potential Impairment $ (81 ) $ (122 ) $ - $ 115 $ - $ - $ 10 $ (78 ) Total Allowance for Loan Losses Individually Evaluated for Impairment $ 81 $ 525 $ - $ 647 $ - $ - $ - $ 1,253 Collectively Evaluated for Potential Impairment $ 1,029 $ 1,442 $ 82 $ 936 $ 2,143 $ 1 $ 305 $ 5,938 December 31, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans Individually Evaluated for Impairment $ - $ 360 $ - $ 655 $ - $ - $ - $ 1,015 Collectively Evaluated for Potential Impairment $ 1,106 $ 1,582 $ 65 $ 924 $ 2,463 $ - $ 128 $ 6,268 Loans Acquired at Fair Value Individually Evaluated for Impairment $ - $ 114 $ - $ 31 $ - $ - $ - $ 145 Collectively Evaluated for Potential Impairment $ - $ 251 $ - $ 89 $ - $ - $ 35 $ 375 Total Allowance for Loan Losses Individually Evaluated for Impairment $ - $ 474 $ - $ 686 $ - $ - $ - $ 1,160 Collectively Evaluated for Potential Impairment $ 1,106 $ 1,833 $ 65 $ 1,013 $ 2,463 $ - $ 163 $ 6,643 The following table presents changes in the accretable discount on the loans acquired at fair value for the dates indicated. Accretable Balance at December 31, 2016 $ 1,640 Accretable Yield (407 ) Nonaccretable Discount (194 ) Balance at June 30, 2017 $ 1,039 On August 4, 2017, June 30, 2017 $218,000. 2017 third The following table presents the major classifications of loans summarized by individually evaluated for impairment and collectively evaluated for potential impairment as of the dates indicated. (Dollars in thousands) June 30, 2017 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Total Originated Loans Individually Evaluated for Impairment $ 101 $ 3,455 $ 624 $ 2,769 $ - $ 3 $ 6,952 Collectively Evaluated for Potential Impairment 189,088 137,197 19,562 72,896 110,113 3,505 532,361 $ 189,189 $ 140,652 $ 20,186 $ 75,665 $ 110,113 $ 3,508 $ 539,313 Loans Acquired at Fair Value Individually Evaluated for Impairment $ 1,279 $ 1,168 $ - $ 418 $ - $ - $ 2,865 Collectively Evaluated for Potential Impairment 77,079 54,460 - 8,431 197 - 140,167 $ 78,358 $ 55,628 $ - $ 8,849 $ 197 $ - $ 143,032 Total Loans Individually Evaluated for Impairment $ 1,380 $ 4,623 $ 624 $ 3,187 $ - $ 3 $ 9,817 Collectively Evaluated for Potential Impairment 266,167 191,657 19,562 81,327 110,310 3,505 672,528 $ 267,547 $ 196,280 $ 20,186 $ 84,514 $ 110,310 $ 3,508 $ 682,345 December 31, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Total Originated Loans Individually Evaluated for Impairment $ - $ 3,361 $ 702 $ 2,765 $ - $ 4 $ 6,832 Collectively Evaluated for Potential Impairment 186,077 136,533 9,944 68,326 114,007 3,633 518,520 $ 186,077 $ 139,894 $ 10,646 $ 71,091 $ 114,007 $ 3,637 $ 525,352 Loans Acquired at Fair Value Individually Evaluated for Impairment $ 1,300 $ 1,007 $ - $ 562 $ - $ - $ 2,869 Collectively Evaluated for Potential Impairment 84,211 60,109 - 9,159 197 - 153,676 $ 85,511 $ 61,116 $ - $ 9,721 $ 197 $ - $ 156,545 Total Loans Individually Evaluated for Impairment $ 1,300 $ 4,368 $ 702 $ 3,327 $ - $ 4 $ 9,701 Collectively Evaluated for Potential Impairment 270,288 196,642 9,944 77,485 114,204 3,633 672,196 $ 271,588 $ 201,010 $ 10,646 $ 80,812 $ 114,204 $ 3,637 $ 681,897 |
Note 5 - Deposits
Note 5 - Deposits | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Deposit Liabilities Disclosures [Text Block] | Note 5. The following table shows the maturities of time deposits for the next five June 30, Maturity Period: 2017 One Year or Less $ 46,093 Over One Through Two Years 60,182 Over Two Through Three Years 20,309 Over Three Through Four Years 12,893 Over Four Through Five Years 9,156 Over Five Years 8,718 Total $ 157,351 The balance in time deposits that meet or exceed the FDIC insurance limit of $250,000 $45.0 $46.0 June 30, 2017 December 31, 2016, |
Note 6 - Short-term Borrowings
Note 6 - Short-term Borrowings | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Short-term Debt [Text Block] | Note 6. The following table sets forth the components of short-term borrowings as of the dates indicated. (Dollars in thousands) June 30, 2017 December 31, 2016 Weighted Weighted Average Average Amount Rate Amount Rate Short-term Borrowings Federal Funds Purchased: Average Balance Outstanding During the Period $ 17 - % $ 307 0.65 % Maximum Amount Outstanding at any Month End 550 6,000 FHLB Borrowings: Balance at Period End - - - - Average Balance Outstanding During the Period - - 596 0.67 Maximum Amount Outstanding at any Month End - 6,160 Securities Sold Under Agreements to Repurchase: Balance at Period End 25,450 0.25 27,027 0.24 Average Balance Outstanding During the Period 26,332 0.30 26,311 0.26 Maximum Amount Outstanding at any Month End 26,460 30,095 Securities Collaterizing the Agreements at Period-End: Carrying Value 32,499 33,785 Market Value 31,834 32,931 |
Note 7 - Other Borrowed Funds
Note 7 - Other Borrowed Funds | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | Note 7. Other borrowed funds consist of fixed rate advances from the Federal Home Loan Bank of Pittsburgh (“FHLB”). The following table sets forth the scheduled maturities of other borrowed funds at the dates indicated. (Dollars in thousands) June 30, 2017 December 31, 2016 Weighted Weighted Average Average Amount Rate Amount Rate Due in One Year $ 3,500 1.35 % $ - -% Due After One Year to Two Years 4,000 1.67 3,500 0.94 Due After Two Years to Three Years 6,000 1.88 4,500 1.41 Due After Three Years to Four Years 5,000 2.09 6,000 1.78 Due After Four Years to Five Years 3,000 2.23 6,000 1.97 Due After Five Years 3,000 2.41 8,000 2.27 Total $ 24,500 1.92 $ 28,000 1.80 As of June 30, 2017, $285.0 no $143.1 $148.5 June 30, 2017 December 31, 2016, The Company maintains a Borrower-In-Custody of Collateral line of credit agreement with the Federal Reserve Bank (“FRB”) for $87.9 no $40.0 June 30, 2017 December 31, 2016, no |
Note 8 - Commitments and Contin
Note 8 - Commitments and Contingent Liabilities | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | Note 8. The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business primarily to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby and performance letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Statement of Financial Condition. The contract 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 and standby and performance letters of credit written is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Commitments and conditional obligations are evaluated the same as on-balance-sheet instruments but do not not no The following table presents the unused and available credit balances of financial instruments whose contracts represent credit risk at the dates indicated. (Dollars in thousands) June 30, December 31, 2017 2016 Standby Letters of Credit $ 41,147 $ 36,657 Performance Letters of Credit 4,396 2,471 Construction Mortgages 32,485 21,363 Personal Lines of Credit 6,139 5,905 Overdraft Protection Lines 6,183 5,680 Home Equity Lines of Credit 15,286 14,722 Commercial Lines of Credit 64,303 51,725 $ 169,939 $ 138,523 Commitments to extend credit are agreements to lend to a customer as long as there is no may not may Performance letters of credit represent conditional commitments issued by the Company to guarantee the performance of a customer to a third one |
Note 9 - Fair Value Disclosure
Note 9 - Fair Value Disclosure | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | Note 9. FASB ASC 820 820 The three Level I – Fair value is based on unadjusted quoted prices in active markets that are accessible to the Company for identical assets. These generally provide the most reliable evidence and are used to measure fair value whenever available. Level II – Fair value is based on significant inputs, other than Level I inputs, that are observable either directly or indirectly for substantially the full term of the asset through corroboration with observable market data. Level II inputs include quoted market prices in active markets for similar assets, quoted market prices in markets that are not Level III – Fair value would be based on significant unobservable inputs. Examples of valuation methodologies that would result in Level III classification include option pricing models, discounted cash flows, and other similar techniques. This hierarchy requires the use of observable market data when available. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The following table presents the financial assets measured at fair value on a recurring basis and reported on the Consolidated Statement of Financial Condition as of the dates indicated, by level within the fair value hierarchy. The majority of the Company’s securities are included in Level II of the fair value hierarchy. Fair values for Level II securities were primarily determined by a third two (Dollars in thousands) Fair Value June 30, December 31, Hierarchy 2017 2016 Available for Sales Securities: U.S. Government Agencies Level II $ 65,286 $ 66,156 Obligations of States and Political Subdivisions Level II 36,727 35,735 Mortgage-Backed Securities - Government-Sponsored Enterprises Level II 12,883 2,619 Equity Securities - Mutual Funds Level I 507 507 Equity Securities - Other Level I 1,142 1,191 Total Available for Sale Securities $ 116,545 $ 106,208 The following table presents the financial assets measured at fair value on a nonrecurring basis on the Consolidated Statement of Financial Condition as of the dates indicated by level within the fair value hierarchy. The table also presents the significant unobservable inputs used in the fair value measurements. Impaired loans that are collateral dependent are written down to fair value through the establishment of specific reserves. Techniques used to value the collateral that secure the impaired loans include quoted market prices for identical assets classified as Level I inputs or observable inputs, employed by certified appraisers, for similar assets classified as Level II inputs. In cases where valuation techniques included inputs that are unobservable and are based on estimates and assumptions developed by management based on the best information available under each circumstance, the asset valuation is classified as Level III inputs. (Dollars in thousands) Fair Value at Significant Financial Asset Fair Value June 30, December 31, Valuation Significant Unobservable Impaired Loans Level III $ 2,455 $ 2,497 Market Comparable Properties Marketability Discount 10% to 30% (1) OREO Level III 155 - Market Comparable Properties Marketability Discount 10% to 50% (1) ( 1 Range includes discounts taken since appraisal and estimated values. Impaired loans are evaluated when a loan is identified as impaired and valued at the lower of cost or fair value at that time. Fair value is measured based on the value of the collateral securing these loans and is classified as Level III in the fair value hierarchy. At June 30, 2017 December 31, 2016, $3.7 $3.7 $1.3 $1.2 Other real estate owned (OREO) properties are evaluated at the time of acquisition and recorded at fair value, less estimated selling costs. After acquisition, other real estate owned is recorded at the lower of cost or fair value, less estimated selling costs. The fair value of an other real estate owned property is determined from a qualified independent appraisal and is classified as Level III in the fair value hierarchy. During the six June 30, 2017, one $155,000 six June 30, 2016, two $3.2 first $566,000. two Financial instruments are defined as cash, evidence of an ownership in an entity, or a contract which creates an obligation or right to receive or deliver cash or another financial instrument from/to a second Fair value 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. If no may not may As certain assets such as deferred tax assets and premises and equipment are not not The Company employs simulation modeling in determining the estimated fair value of financial instruments for which quoted market prices are not Cash and Due From Banks, Restricted Stock, Bank-Owned Life Insurance, Accrued Interest Receivable, Short-Term Borrowings, and Accrued Interest Payable The fair value is equal to the current carrying value. Investment Securities The fair value of investment securities is equal to the available quoted market price. If no Loans Receivable For variable-rate loans that reprice frequently and with no Deposit Liabilities The fair values disclosed for demand deposits, are, by definition, equal to the amount payable on demand at the reporting date. The carrying amounts of variable-rate, fixed-term money market accounts and certificates of deposit approximate their fair values at the reporting date. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies market interest rates on comparable instruments to a schedule of aggregated expected monthly maturities on time deposits. Borrowed Funds Fair values of borrowed funds are estimated using discounted cash flow analyses based on current market rates for similar types of borrowing arrangements. Commitments to Extend Credit These financial instruments are generally not not not 8. The following table presents the estimated fair values of the Company’s financial instruments at the dates indicated. (Dollars in thousands) June 30, 2017 December 31, 2016 Fair Value Carrying Fair Carrying Fair Hierarchy Value Value Value Value Financial Assets: Cash and Due From Banks: Interest Bearing Level I $ 17,464 $ 17,464 $ 7,699 $ 7,699 Non-Interest Bearing Level I 11,209 11,209 6,583 6,583 Investment Securities: Available for Sale See Above 116,545 116,545 106,208 106,208 Loans, Net Level III 674,262 685,730 674,094 684,777 Restricted Stock Level II 3,628 3,628 3,665 3,665 Bank-Owned Life Insurance Level II 18,919 18,919 18,687 18,687 Accrued Interest Receivable Level II 2,350 2,350 2,441 2,441 Financial Liabilities: Deposits Level II 727,059 706,817 698,218 697,806 Short-term Borrowings Level II 25,450 25,450 27,027 27,027 Other Borrowed Funds Level II 24,500 24,644 28,000 28,098 Accrued Interest Payable Level II 338 338 334 334 |
Note 10 - Other Noninterest Exp
Note 10 - Other Noninterest Expense | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Other Operating Income and Expense [Text Block] | Note 10. In accordance with SEC Regulation S- X, 10% three six June 30, 2017 2016, (Dollars in thousands) Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Other Noninterest Expense Non-employee compensation $ 100 $ 134 $ 200 $ 267 Printing and supplies 100 134 202 208 Postage 64 44 130 103 Telephone 99 97 188 181 Charitable contributions 56 41 80 69 Dues and subscriptions 55 46 118 93 Loan expenses 86 73 160 143 Meals and entertainment 43 34 68 58 Travel 43 40 69 70 Training 9 6 20 18 Miscellaneous 174 242 404 462 Total Other Noninterest Expense $ 829 $ 891 $ 1,639 $ 1,672 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2017 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of CB Financial Services, Inc. (“CB Financial”) and its wholly owned subsidiary, Community Bank (the “Bank”), and the Bank’s wholly-owned subsidiary, Exchange Underwriters, Inc. (“Exchange Underwriters” or “EU”). CB Financial and the Bank are collectively referred to as the “Company”. All intercompany transactions and balances have been eliminated in consolidation. The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not In the opinion of management, the accompanying unaudited interim financial statements include all adjustments considered necessary for a fair presentation of the Company’s financial position and results of operations at the dates and for the periods presented. All of these adjustments are of a normal, recurring nature, and they are the only adjustments included in the accompanying unaudited interim financial statements. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto in the Company’s Annual Report on Form 10 December 31, 2016. not The Company will continue to evaluate the provisions of Accounting Standards Codification (“ASC”) Topic 280 11% 10% 10% not 10% Except as disclosed in Note 4 24, 855, Subsequent Events |
Nature of Operations [Policy Text Block] | Nature of Operations The Company derives substantially all its income from banking and bank-related services which include interest earnings on commercial, commercial mortgage, residential real estate and consumer loan financing, as well as interest earnings on investment securities and fees generated from deposit services to its customers. The Company provides banking services primarily to communities in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties located in southwestern Pennsylvania. The Company also conducts insurance brokerage activities through Exchange Underwriters. |
Finance, Loans and Leases Receivable, Policy [Policy Text Block] | Acquired Loans Loans that were acquired in the merger with FedFirst Financial Corporation were recorded at fair value with no third For performing loans acquired in the merger, the excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable discount and is recognized into interest income over the remaining life of the loan. For purchased credit impaired (“PCI”) loans acquired in the merger, the difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition is referred to as the nonaccretable discount. The nonaccretable discount represents estimated future credit losses expected to be incurred over the life of the loan. Subsequent decreases to the expected cash flows require an evaluation to determine the need for an allowance for loan losses. Subsequent improvements in expected cash flows result in the reversal of a corresponding amount of the nonaccretable discount which is then reclassified as accretable discount that is recognized into interest income over the remaining life of the loan using the interest method. The evaluation of the amount of future cash flows that is expected to be collected is performed in a similar manner as that used to determine our allowance for credit losses. Charge-offs of the principal amount on acquired loans would be first |
Reclassification, Policy [Policy Text Block] | Reclassifications Certain comparative amounts for the prior year have been reclassified to conform to the current year presentation. Such reclassifications did not |
New Accounting Pronouncements, Policy [Policy Text Block] | Recent Accounting Standards In July 2017, 2017 11, Earnings Per Share (Topic 260 480 815 2017 11 2017 11 December 15, 2018, not December 15, 2019 December 15, 2020 2017 11 not In May 2017, 2017 10, Service Concession Arrangements (Topic 853 2017 10 2017 10 December 15, 2017, not December 15, 2018 December 15, 2019 606 2017 10. 2017 10 not In May 2017, 2017 09, Compensation—Stock Compensation (Topic 718 2017 09 718. 2017 09 December 15, 2017 2017 09 not In March 2017, 2017 08, Receivables- Nonrefundable Fees and Other Costs (Subtopic 310 20 2017 08 2017 08 December 15, 2018, not December 15, 2019 December 15, 2020 2017 08 not In January 2017, 2017 04, Intangibles - Goodwill and Other (Topic 350 2017 04 second one not not 2017 04 December 15, 2019, 2017 04, not In August 2016, 2016 15, Statement of Cash Flow (Topic 230 2016 15 eight zero 2016 15 December 15, 2017, 2016 15, not In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326 2016 13 2016 13 2016 13 not 2016 13 not 2016 13 December 15, 2019, 2016 13, not In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718 2016 09 2016 09 flows. ASU 2016 09 December 15, 2016, 2016 09 January 1, 2017, no In February 2016, 2016 02, Leases (Topic 842 2016 02 twelve present value of the future minimum lease payments over the lease term. Subsequent measurement, including the presentation of expenses and cash flows, will depend on the classification of the lease as either a finance or an operating lease. Accounting by lessors will remain largely unchanged from current U.S. GAAP. ASU 2016 02 December 15, 2018, 2016 02, In January 2016, 2016 01, Financial Instruments – Overall (Subtopic 825 10 2016 01 presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or in the accompanying notes to the financial statements. ASU 2016 01 December 15, 2017, 2016 01, not In May 2014, 2014 09, Revenue from Contracts with Customers 2014 09 August 2015, 2015 14, 2014 09. January 1, 2018. January 1, 2018. not not |
Note 2 - Earnings Per Share (Ta
Note 2 - Earnings Per Share (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Weighted-Average Common Shares Outstanding 4,363,346 4,363,346 4,363,346 4,363,346 Average Treasury Stock Shares (275,321 ) (282,329 ) (275,687 ) (282,329 ) Weighted-Average Common Shares and Common Stock Equivalents Used to Calculate Basic Earnings Per Share 4,088,025 4,081,017 4,087,659 4,081,017 Additional Common Stock Equivalents (Stock Options and Restricted Stock) Used to Calculate Diluted Earnings Per Share 17,313 3,678 14,202 2,296 Weighted-Average Common Shares and Common Stock Equivalents Used to Calculate Diluted Earnings Per Share 4,105,338 4,084,695 4,101,861 4,083,313 Earnings per share: Basic $ 0.44 $ 0.48 $ 0.86 $ 0.98 Diluted 0.44 0.48 0.85 0.98 |
Note 3 - Investment Securities
Note 3 - Investment Securities (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Available-for-sale Securities [Table Text Block] | (Dollars in thousands) June 30, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 66,620 $ 1 $ (1,335 ) $ 65,286 Obligations of States and Political Subdivisions 36,423 394 (90 ) 36,727 Mortgage-Backed Securities - Government-Sponsored Enterprises 12,907 9 (33 ) 12,883 Equity Securities - Mutual Funds 500 7 - 507 Equity Securities - Other 1,091 74 (23 ) 1,142 Total $ 117,541 $ 485 $ (1,481 ) $ 116,545 December 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 67,944 $ 18 $ (1,806 ) $ 66,156 Obligations of States and Political Subdivisions 35,856 366 (487 ) 35,735 Mortgage-Backed Securities - Government-Sponsored Enterprises 2,588 31 - 2,619 Equity Securities - Mutual Funds 500 7 - 507 Equity Securities - Other 1,106 91 (6 ) 1,191 Total $ 107,994 $ 513 $ (2,299 ) $ 106,208 |
Schedule of Unrealized Loss on Investments [Table Text Block] | (Dollars in thousands) June 30, 2017 Less than 12 months 12 Months or Greater Total Number Gross Number Gross Number Gross of Fair Unrealized of Fair Unrealized of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses U.S. Government Agencies 21 $ 57,265 $ (1,335 ) - $ - $ - 21 $ 57,265 $ (1,335 ) Obligations of States and 18 9,097 (78 ) 4 1,629 (12 ) 22 10,726 (90 ) Mortgage-Backed Securities - 5 10,639 (33 ) - - - 5 10,639 (33 ) Equity Securities - Other 5 373 (23 ) - - - 5 373 (23 ) Total 49 $ 77,374 $ (1,469 ) 4 $ 1,629 $ (12 ) 53 $ 79,003 $ (1,481 ) December 31, 2016 Less than 12 months 12 Months or Greater Total Number Gross Number Gross Number Gross of Fair Unrealized of Fair Unrealized of Fair Unrealized Securities Value Losses Securities Value Losses Securities Value Losses U.S. Government Agencies 23 $ 62,853 $ (1,806 ) - $ - $ - 23 $ 62,853 $ (1,806 ) Obligations of States and 39 19,749 (485 ) 1 260 (2 ) 40 20,009 (487 ) Equity Securities - Other 2 160 (6 ) - - - 2 160 (6 ) Total 64 $ 82,762 $ (2,297 ) 1 $ 260 $ (2 ) 65 $ 83,022 $ (2,299 ) |
Investments Classified by Contractual Maturity Date [Table Text Block] | (Dollars in thousands) June 30, 2017 Available-for-Sale Amortized Fair Cost Value Due in One Year or Less $ 1,576 $ 1,588 Due after One Year through Five Years 17,826 17,898 Due after Five Years through Ten Years 84,604 83,467 Due after Ten Years 13,535 13,592 Total $ 117,541 $ 116,545 |
Note 4 - Loans and Related Al24
Note 4 - Loans and Related Allowance for Loan Loss (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | (Dollars in thousands) June 30, 2017 December 31, 2016 Amount Percent Amount Percent Originated Loans Real Estate: Residential $ 189,189 35.0 % $ 186,077 35.4 % Commercial 140,652 26.1 139,894 26.7 Construction 20,186 3.7 10,646 2.0 Commercial and Industrial 75,665 14.1 71,091 13.5 Consumer 110,113 20.4 114,007 21.7 Other 3,508 0.7 3,637 0.7 Total Originated Loans 539,313 100.0 % 525,352 100.0 % Allowance for Loan Losses (7,468 ) (7,283 ) Loans, Net $ 531,845 $ 518,069 Loans Acquired at Fair Value Real Estate: Residential $ 78,358 54.8 % $ 85,511 54.7 % Commercial 55,628 39.0 61,116 39.0 Commercial and Industrial 8,849 6.1 9,721 6.2 Consumer 197 0.1 197 0.1 Total Loans Acquired at Fair Value 143,032 100.0 % 156,545 100.0 % Allowance for Loan Losses (615 ) (520 ) Loans, Net $ 142,417 $ 156,025 Total Loans Real Estate: Residential $ 267,547 39.2 % $ 271,588 39.8 % Commercial 196,280 28.8 201,010 29.5 Construction 20,186 2.9 10,646 1.6 Commercial and Industrial 84,514 12.4 80,812 11.9 Consumer 110,310 16.2 114,204 16.7 Other 3,508 0.5 3,637 0.5 Total Loans 682,345 100.0 % 681,897 100.0 % Allowance for Loan Losses (8,083 ) (7,803 ) Loans, Net $ 674,262 $ 674,094 |
Financing Receivable Credit Quality Indicators [Table Text Block] | (Dollars in thousands) June 30, 2017 Special Pass Mention Substandard Doubtful Total Originated Loans Real Estate: Residential $ 187,741 $ 1,061 $ 387 $ - $ 189,189 Commercial 123,544 14,037 2,821 250 140,652 Construction 19,562 - 565 59 20,186 Commercial and Industrial 62,712 10,189 1,312 1,452 75,665 Consumer 110,084 - 29 - 110,113 Other 3,508 - - - 3,508 Total Originated Loans $ 507,151 $ 25,287 $ 5,114 $ 1,761 $ 539,313 Loans Acquired at Fair Value Real Estate: Residential $ 76,342 $ - $ 2,016 $ - $ 78,358 Commercial 52,920 1,997 511 200 55,628 Commercial and Industrial 8,418 13 320 98 8,849 Consumer 197 - - - 197 Total Loans Acquired at Fair Value $ 137,877 $ 2,010 $ 2,847 $ 298 $ 143,032 Total Loans Real Estate: Residential $ 264,083 $ 1,061 $ 2,403 $ - $ 267,547 Commercial 176,464 16,034 3,332 450 196,280 Construction 19,562 - 565 59 20,186 Commercial and Industrial 71,130 10,202 1,632 1,550 84,514 Consumer 110,281 - 29 - 110,310 Other 3,508 - - - 3,508 Total Loans $ 645,028 $ 27,297 $ 7,961 $ 2,059 $ 682,345 December 31, 2016 Special Pass Mention Substandard Doubtful Total Originated Loans Real Estate: Residential $ 184,721 $ 1,050 $ 306 $ - $ 186,077 Commercial 122,811 14,118 2,035 930 139,894 Construction 9,944 - 595 107 10,646 Commercial and Industrial 65,612 2,720 1,322 1,437 71,091 Consumer 113,847 - 160 - 114,007 Other 3,637 - - - 3,637 Total Originated Loans $ 500,572 $ 17,888 $ 4,418 $ 2,474 $ 525,352 Loans Acquired at Fair Value Real Estate: Residential $ 83,044 $ - $ 2,467 $ - $ 85,511 Commercial 58,411 2,358 347 - 61,116 Commercial and Industrial 9,117 42 441 121 9,721 Consumer 197 - - - 197 Total Loans Acquired at Fair Value $ 150,769 $ 2,400 $ 3,255 $ 121 $ 156,545 Total Loans Real Estate: Residential $ 267,765 $ 1,050 $ 2,773 $ - $ 271,588 Commercial 181,222 16,476 2,382 930 201,010 Construction 9,944 - 595 107 10,646 Commercial and Industrial 74,729 2,762 1,763 1,558 80,812 Consumer 114,044 - 160 - 114,204 Other 3,637 - - - 3,637 Total Loans $ 651,341 $ 20,288 $ 7,673 $ 2,595 $ 681,897 |
Past Due Financing Receivables [Table Text Block] | (Dollars in thousands) June 30, 2017 30-59 60-89 90 Days Loans Days Days Or More Total Non- Total Current Past Due Past Due Past Due Past Due Accrual Loans Originated Loans Real Estate: Residential $ 188,747 $ - $ 17 $ 66 $ 83 $ 359 $ 189,189 Commercial 140,364 - - - - 288 140,652 Construction 20,127 - - - - 59 20,186 Commercial and Industrial 73,241 532 - - 532 1,892 75,665 Consumer 108,813 1,179 75 17 1,271 29 110,113 Other 3,508 - - - - - 3,508 Total Originated Loans $ 534,800 $ 1,711 $ 92 $ 83 $ 1,886 $ 2,627 $ 539,313 Loans Acquired at Fair Value Real Estate: Residential $ 76,978 $ 165 $ - $ 88 $ 253 $ 1,127 $ 78,358 Commercial 55,428 - - - - 200 55,628 Commercial and Industrial 8,832 - - - - 17 8,849 Consumer 197 - - - - - 197 Total Loans Acquired at Fair Value $ 141,435 $ 165 $ - $ 88 $ 253 $ 1,344 $ 143,032 Total Loans Real Estate: Residential $ 265,725 $ 165 $ 17 $ 154 $ 336 $ 1,486 $ 267,547 Commercial 195,792 - - - - 488 196,280 Construction 20,127 - - - - 59 20,186 Commercial and Industrial 82,073 532 - - 532 1,909 84,514 Consumer 109,010 1,179 75 17 1,271 29 110,310 Other 3,508 - - - - - 3,508 Total Loans $ 676,235 $ 1,876 $ 92 $ 171 $ 2,139 $ 3,971 $ 682,345 December 31, 2016 30-59 60-89 90 Days Loans Days Days Or More Total Non- Total Current Past Due Past Due Past Due Past Due Accrual Loans Originated Loans Real Estate: Residential $ 183,939 $ 1,638 $ 72 $ 120 $ 1,830 $ 308 $ 186,077 Commercial 139,821 - - - - 73 139,894 Construction 10,539 - - - - 107 10,646 Commercial and Industrial 68,310 952 - - 952 1,829 71,091 Consumer 112,232 1,311 296 8 1,615 160 114,007 Other 3,637 - - - - - 3,637 Total Originated Loans $ 518,478 $ 3,901 $ 368 $ 128 $ 4,397 $ 2,477 $ 525,352 Loans Acquired at Fair Value Real Estate: Residential $ 82,523 $ 893 $ 307 $ 223 $ 1,423 $ 1,565 $ 85,511 Commercial 60,437 332 - - 332 347 61,116 Commercial and Industrial 9,577 121 23 - 144 - 9,721 Consumer 197 - - - - - 197 Total Loans Acquired at Fair Value $ 152,734 $ 1,346 $ 330 $ 223 $ 1,899 $ 1,912 $ 156,545 Total Loans Real Estate: Residential $ 266,462 $ 2,531 $ 379 $ 343 $ 3,253 $ 1,873 $ 271,588 Commercial 200,258 332 - - 332 420 201,010 Construction 10,539 - - - - 107 10,646 Commercial and Industrial 77,887 1,073 23 - 1,096 1,829 80,812 Consumer 112,429 1,311 296 8 1,615 160 114,204 Other 3,637 - - - - - 3,637 Total Loans $ 671,212 $ 5,247 $ 698 $ 351 $ 6,296 $ 4,389 $ 681,897 |
Schedule of Financing Receivables, Non Accrual Status [Table Text Block] | (Dollars in Thousands) June 30, December 31, 2017 2016 Nonaccrual Loans: Originated Loans: Real Estate: Residential $ 359 $ 308 Commercial 288 73 Construction 59 107 Commercial and Industrial 1,892 1,829 Consumer 29 160 Total Originated Nonaccrual Loans 2,627 2,477 Loans Acquired at Fair Value: Real Estate: Residential 1,127 1,565 Commercial 200 347 Commercial and Industrial 17 - Total Loans Acquired at Fair Value Nonaccrual Loans 1,344 1,912 Total Nonaccrual Loans 3,971 4,389 Accruing Loans Past Due 90 Days or More: Originated Loans: Real Estate: Residential 66 120 Consumer 17 8 Total Originated Accruing Loans 90 Days or More Past Due 83 128 Loans Acquired at Fair Value: Real Estate: Residential 88 223 Total Loans Acquired at Fair Value Accruing Loans 90 Days or More Past Due 88 223 Total Accruing Loans 90 Days or More Past Due 171 351 Total Nonaccrual Loans and Accruing Loans 90 Days or More Past Due 4,142 4,740 Troubled Debt Restructurings, Accruing: Originated Loans: Real Estate - Commercial 1,298 1,325 Commercial and Industrial 5 6 Other 3 4 Total Originated Loans 1,306 1,335 Loans Acquired at Fair Value: Real Estate - Residential 1,279 1,299 Real Estate - Commercial 457 660 Commercial and Industrial 303 393 Total Loans Acquired at Fair Value 2,039 2,352 Total Troubled Debt Restructurings, Accruing 3,345 3,687 Total Nonperforming Loans 7,487 8,427 Real Estate Owned: Residential 208 - Commercial 174 174 Total Real Estate Owned 382 174 Total Nonperforming Assets $ 7,869 $ 8,601 Nonperforming Loans to Total Loans 1.10 % 1.24 % Nonperforming Assets to Total Assets 0.90 1.02 |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | (Dollars in thousands) Six Months Ended June 30, 2016 Pre- Post- Modification Modification Number Outstanding Outstanding of Recorded Recorded Related Contracts Investment Investment Allowance Originated Loans Real Estate Other 1 $ 7 $ 7 $ - Total 1 $ 7 $ 7 $ - Loans Acquired at Fair Value Real Estate Residential 1 $ 37 $ 45 $ - Commercial 1 539 539 Total 2 $ 576 $ 584 $ - |
Impaired Financing Receivables [Table Text Block] | (Dollars in thousands) June 30, 2017 Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized With No Related Allowance Recorded: Originated Loans Real Estate: Residential $ 101 $ - $ 102 $ 104 $ 2 Commercial 1,947 - 1,947 2,003 46 Construction 624 - 624 652 13 Commercial and Industrial 664 - 664 666 17 Other 3 - 3 3 - Total With No Related Allowance Recorded $ 3,339 $ - $ 3,340 $ 3,428 $ 78 Loans Acquired at Fair Value Real Estate: Residential $ 1,279 $ - $ 1,279 $ 1,289 $ 33 Commercial 1,168 - 1,168 1,317 23 Commercial and Industrial 320 - 320 380 8 Total With No Related Allowance Recorded $ 2,767 $ - $ 2,767 $ 2,986 $ 64 Total Loans Real Estate: Residential $ 1,380 $ - $ 1,381 $ 1,393 $ 35 Commercial 3,115 - 3,115 3,320 69 Construction 624 - 624 652 13 Commercial and Industrial 984 - 984 1,046 25 Other 3 - 3 3 - Total With No Related Allowance Recorded $ 6,106 $ - $ 6,107 $ 6,414 $ 142 With A Related Allowance Recorded: Originated Loans Real Estate: Commercial $ 1,508 $ 425 $ 1,508 $ 1,523 $ 33 Commercial and Industrial 2,105 815 2,155 2,271 52 Total With A Related Allowance Recorded $ 3,613 $ 1,240 $ 3,663 $ 3,794 $ 85 Loans Acquired at Fair Value Commercial and Industrial $ 98 $ 16 $ 98 $ 109 $ 3 Total With A Related Allowance Recorded $ 98 $ 16 $ 98 $ 109 $ 3 Total Loans Real Estate: Commercial $ 1,508 $ 425 $ 1,508 $ 1,523 $ 33 Commercial and Industrial 2,203 831 2,253 2,380 55 Total With A Related Allowance Recorded $ 3,711 $ 1,256 $ 3,761 $ 3,903 $ 88 June 30, 2017 (cont.) Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized Total Impaired Loans: Originated Loans Real Estate: Residential $ 101 $ - $ 102 $ 104 $ 2 Commercial 3,455 425 3,455 3,526 79 Construction 624 - 624 652 13 Commercial and Industrial 2,769 815 2,819 2,937 69 Other 3 - 3 3 - Total Impaired Loans $ 6,952 $ 1,240 $ 7,003 $ 7,222 $ 163 Loans Acquired at Fair Value Real Estate: Residential $ 1,279 $ - $ 1,279 $ 1,289 $ 33 Commercial 1,168 - 1,168 1,317 23 Commercial and Industrial 418 16 418 489 11 Total Impaired Loans $ 2,865 $ 16 $ 2,865 $ 3,095 $ 67 Total Loans Real Estate: Residential $ 1,380 $ - $ 1,381 $ 1,393 $ 35 Commercial 4,623 425 4,623 4,843 102 Construction 624 - 624 652 13 Commercial and Industrial 3,187 831 3,237 3,426 80 Other 3 - 3 3 - Total Impaired Loans $ 9,817 $ 1,256 $ 9,868 $ 10,317 $ 230 December 31, 2016 Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized With No Related Allowance Recorded: Originated Loans Real Estate: Commercial $ 2,112 $ - $ 2,112 $ 2,228 $ 100 Construction 702 - 702 843 28 Commercial and Industrial 825 - 825 891 45 Other 4 - 4 6 1 Total With No Related Allowance Recorded $ 3,643 $ - $ 3,643 $ 3,968 $ 174 Loans Acquired at Fair Value Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 660 - 660 763 47 Commercial and Industrial 441 - 441 543 21 Total With No Related Allowance Recorded $ 2,401 $ - $ 2,401 $ 2,626 $ 136 Total Loans Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 2,772 - 2,772 2,991 147 Construction 702 - 702 843 28 Commercial and Industrial 1,266 - 1,266 1,434 66 Other 4 - 4 6 1 Total With No Related Allowance Recorded $ 6,044 $ - $ 6,044 $ 6,594 $ 310 With A Related Allowance Recorded: Originated Loans Real Estate: Commercial $ 1,249 $ 360 $ 1,249 $ 1,277 $ 66 Commercial and Industrial 1,940 655 1,946 1,951 27 Total With A Related Allowance Recorded $ 3,189 $ 1,015 $ 3,195 $ 3,228 $ 93 Loans Acquired at Fair Value Real Estate: Commercial $ 347 $ 114 $ 437 $ 367 $ - Commercial and Industrial 121 31 121 141 6 Total With A Related Allowance Recorded $ 468 $ 145 $ 558 $ 508 $ 6 Total Loans Real Estate: Commercial $ 1,596 $ 474 $ 1,686 $ 1,644 $ 66 Commercial and Industrial 2,061 686 2,067 2,092 33 Total With A Related Allowance Recorded $ 3,657 $ 1,160 $ 3,753 $ 3,736 $ 99 December 31, 2016 (cont.) Unpaid Average Interest Recorded Related Principal Recorded Income Investment Allowance Balance Investment Recognized Total Impaired Loans Originated Loans Real Estate: Commercial $ 3,361 $ 360 $ 3,361 $ 3,505 $ 166 Construction 702 - 702 843 28 Commercial and Industrial 2,765 655 2,771 2,842 72 Other 4 - 4 6 1 Total Impaired Loans $ 6,832 $ 1,015 $ 6,838 $ 7,196 $ 267 Loans Acquired at Fair Value Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 1,007 114 1,097 1,130 47 Commercial and Industrial 562 31 562 684 27 Total Impaired Loans $ 2,869 $ 145 $ 2,959 $ 3,134 $ 142 Total Loans Real Estate: Residential $ 1,300 $ - $ 1,300 $ 1,320 $ 68 Commercial 4,368 474 4,458 4,635 213 Construction 702 - 702 843 28 Commercial and Industrial 3,327 686 3,333 3,526 99 Other 4 - 4 6 1 Total Impaired Loans $ 9,701 $ 1,160 $ 9,797 $ 10,330 $ 409 |
Allowance for Credit Losses on Financing Receivables [Table Text Block] | (Dollars in thousands) June 30, 2017 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans March 31, 2017 $ 1,089 $ 1,898 $ 83 $ 1,598 $ 2,256 $ - $ 282 $ 7,206 Charge-offs - - - - (118 ) - - (118 ) Recoveries 1 - - 25 53 - - 79 Provision (150 ) 119 59 137 32 - 103 300 June 30, 2017 $ 940 $ 2,017 $ 142 $ 1,760 $ 2,223 $ - $ 385 $ 7,467 Loans Acquired at Fair Value March 31, 2017 $ - $ 471 $ - $ 114 $ - $ - $ (6 ) $ 579 Charge-offs - (3 ) - - - - - (3 ) Recoveries 38 1 - - 1 - - 40 Provision (38 ) 144 - (5 ) (1 ) - (100 ) - June 30, 2017 $ - $ 613 $ - $ 109 $ - $ - $ (106 ) $ 616 Total Allowance for Loan Losses March 31, 2017 $ 1,089 $ 2,369 $ 83 $ 1,712 $ 2,256 $ - $ 276 $ 7,785 Charge-offs - (3 ) - - (118 ) - - (121 ) Recoveries 39 1 - 25 54 - - 119 Provision (188 ) 263 59 132 31 - 3 300 June 30, 2017 $ 940 $ 2,630 $ 142 $ 1,869 $ 2,223 $ - $ 279 $ 8,083 Originated Loans December 31, 2016 $ 1,106 $ 1,942 $ 65 $ 1,579 $ 2,463 $ - $ 128 $ 7,283 Charge-offs - - (445 ) - - (445 ) Recoveries 5 - 36 118 - - 159 Provision (171 ) 75 77 145 87 - 257 470 June 30, 2017 $ 940 $ 2,017 $ 142 $ 1,760 $ 2,223 $ - $ 385 $ 7,467 Loans Acquired at Fair Value December 31, 2016 $ - $ 365 $ - $ 120 $ - $ - $ 35 $ 520 Charge-offs (64 ) (132 ) - - - - (196 ) Recoveries 38 1 - - 3 - - 42 Provision 26 379 - (11 ) (3 ) - (141 ) 250 June 30, 2017 $ - $ 613 $ - $ 109 $ - $ - $ (106 ) $ 616 Total Allowance for Loan Losses December 31, 2016 $ 1,106 $ 2,307 $ 65 $ 1,699 $ 2,463 $ - $ 163 $ 7,803 Charge-offs (64 ) (132 ) - - (445 ) - - (641 ) Recoveries 43 1 - 36 121 - - 201 Provision (145 ) 454 77 134 84 - 116 720 June 30, 2017 $ 940 $ 2,630 $ 142 $ 1,869 $ 2,223 $ - $ 279 $ 8,083 June 30, 2017 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans Individually Evaluated for Impairment $ - $ 425 $ - $ 815 $ - $ - $ - $ 1,240 Collectively Evaluated for $ 940 $ 1,592 $ 142 $ 945 $ 2,223 $ - $ 385 $ 6,227 Loans Acquired at Fair Value Individually Evaluated for Impairment $ - $ - $ - $ 16 $ - $ - $ - $ 16 Collectively Evaluated for $ - $ 613 $ - $ 93 $ - $ - $ (106 ) $ 600 Total Allowance for Loan Losses Individually Evaluated for Impairment $ - $ 425 $ - $ 831 $ - $ - $ - $ 1,256 Collectively Evaluated for $ 940 $ 2,205 $ 142 $ 1,038 $ 2,223 $ - $ 279 $ 6,827 June 30, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans March 31, 2016 $ 1,259 $ 2,036 $ 117 $ 1,103 $ 2,176 $ 2 $ 244 $ 6,937 Charge-offs - - - - (120 ) (14 ) - (134 ) Recoveries 3 - - - 53 5 - 61 Provision (152 ) (80 ) (35 ) 365 34 8 51 191 June 30, 2016 $ 1,110 $ 1,956 $ 82 $ 1,468 $ 2,143 $ 1 $ 295 $ 7,055 Loans Acquired at Fair Value March 31, 2016 $ - $ - $ - $ - $ - $ - $ 36 $ 36 Charge-offs (14 ) - - - - - - (14 ) Recoveries 3 1 - - 1 - - 5 Provision 11 10 - 115 (1 ) - (26 ) 109 June 30, 2016 $ - $ 11 $ - $ 115 $ - $ - $ 10 $ 136 Total Allowance for Loan Losses March 31, 2016 $ 1,259 $ 2,036 $ 117 $ 1,103 $ 2,176 $ 2 $ 280 $ 6,973 Charge-offs (14 ) - - - (120 ) (14 ) - (148 ) Recoveries 6 1 - - 54 5 - 66 Provision (141 ) (70 ) (35 ) 480 33 8 25 300 June 30, 2016 $ 1,110 $ 1,967 $ 82 $ 1,583 $ 2,143 $ 1 $ 305 $ 7,191 Originated Loans December 31, 2015 $ 1,623 $ 2,045 $ 137 $ 784 $ 1,887 $ - $ 14 $ 6,490 Charge-offs (20 ) - - - (310 ) (26 ) - (356 ) Recoveries 4 - - - 80 11 - 95 Provision (497 ) (89 ) (55 ) 684 486 16 281 826 June 30, 2016 $ 1,110 $ 1,956 $ 82 $ 1,468 $ 2,143 $ 1 $ 295 $ 7,055 Loans Acquired at Fair Value December 31, 2015 $ - $ - $ - $ - $ - $ - $ - $ - Charge-offs (16 ) (180 ) - - (4 ) - - (200 ) Recoveries 5 2 - - 5 - - 12 Provision 11 189 - 115 (1 ) - 10 324 June 30, 2016 $ - $ 11 $ - $ 115 $ - $ - $ 10 $ 136 Total Allowance for Loan Losses December 31, 2015 $ 1,623 $ 2,045 $ 137 $ 784 $ 1,887 $ - $ 14 $ 6,490 Charge-offs (36 ) (180 ) - - (314 ) (26 ) - (556 ) Recoveries 9 2 - - 85 11 - 107 Provision (486 ) 100 (55 ) 799 485 16 291 1,150 June 30, 2016 $ 1,110 $ 1,967 $ 82 $ 1,583 $ 2,143 $ 1 $ 305 $ 7,191 June 30, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans Individually Evaluated for Impairment $ - $ 392 $ - $ 647 $ - $ - $ - $ 1,039 Collectively Evaluated for Potential Impairment $ 1,110 $ 1,564 $ 82 $ 821 $ 2,143 $ 1 $ 295 $ 6,016 Loans Acquired at Fair Value Individually Evaluated for Impairment $ 81 $ 133 $ - $ - $ - $ - $ - $ 214 Collectively Evaluated for Potential Impairment $ (81 ) $ (122 ) $ - $ 115 $ - $ - $ 10 $ (78 ) Total Allowance for Loan Losses Individually Evaluated for Impairment $ 81 $ 525 $ - $ 647 $ - $ - $ - $ 1,253 Collectively Evaluated for Potential Impairment $ 1,029 $ 1,442 $ 82 $ 936 $ 2,143 $ 1 $ 305 $ 5,938 December 31, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Unallocated Total Originated Loans Individually Evaluated for Impairment $ - $ 360 $ - $ 655 $ - $ - $ - $ 1,015 Collectively Evaluated for Potential Impairment $ 1,106 $ 1,582 $ 65 $ 924 $ 2,463 $ - $ 128 $ 6,268 Loans Acquired at Fair Value Individually Evaluated for Impairment $ - $ 114 $ - $ 31 $ - $ - $ - $ 145 Collectively Evaluated for Potential Impairment $ - $ 251 $ - $ 89 $ - $ - $ 35 $ 375 Total Allowance for Loan Losses Individually Evaluated for Impairment $ - $ 474 $ - $ 686 $ - $ - $ - $ 1,160 Collectively Evaluated for Potential Impairment $ 1,106 $ 1,833 $ 65 $ 1,013 $ 2,463 $ - $ 163 $ 6,643 |
Schedule of Accretable Discount on Loans Acquired at Fair Value [Table Text Block] | Accretable Balance at December 31, 2016 $ 1,640 Accretable Yield (407 ) Nonaccretable Discount (194 ) Balance at June 30, 2017 $ 1,039 |
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block] | (Dollars in thousands) June 30, 2017 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Total Originated Loans Individually Evaluated for Impairment $ 101 $ 3,455 $ 624 $ 2,769 $ - $ 3 $ 6,952 Collectively Evaluated for Potential Impairment 189,088 137,197 19,562 72,896 110,113 3,505 532,361 $ 189,189 $ 140,652 $ 20,186 $ 75,665 $ 110,113 $ 3,508 $ 539,313 Loans Acquired at Fair Value Individually Evaluated for Impairment $ 1,279 $ 1,168 $ - $ 418 $ - $ - $ 2,865 Collectively Evaluated for Potential Impairment 77,079 54,460 - 8,431 197 - 140,167 $ 78,358 $ 55,628 $ - $ 8,849 $ 197 $ - $ 143,032 Total Loans Individually Evaluated for Impairment $ 1,380 $ 4,623 $ 624 $ 3,187 $ - $ 3 $ 9,817 Collectively Evaluated for Potential Impairment 266,167 191,657 19,562 81,327 110,310 3,505 672,528 $ 267,547 $ 196,280 $ 20,186 $ 84,514 $ 110,310 $ 3,508 $ 682,345 December 31, 2016 Real Real Real Commercial Estate Estate Estate and Residential Commercial Construction Industrial Consumer Other Total Originated Loans Individually Evaluated for Impairment $ - $ 3,361 $ 702 $ 2,765 $ - $ 4 $ 6,832 Collectively Evaluated for Potential Impairment 186,077 136,533 9,944 68,326 114,007 3,633 518,520 $ 186,077 $ 139,894 $ 10,646 $ 71,091 $ 114,007 $ 3,637 $ 525,352 Loans Acquired at Fair Value Individually Evaluated for Impairment $ 1,300 $ 1,007 $ - $ 562 $ - $ - $ 2,869 Collectively Evaluated for Potential Impairment 84,211 60,109 - 9,159 197 - 153,676 $ 85,511 $ 61,116 $ - $ 9,721 $ 197 $ - $ 156,545 Total Loans Individually Evaluated for Impairment $ 1,300 $ 4,368 $ 702 $ 3,327 $ - $ 4 $ 9,701 Collectively Evaluated for Potential Impairment 270,288 196,642 9,944 77,485 114,204 3,633 672,196 $ 271,588 $ 201,010 $ 10,646 $ 80,812 $ 114,204 $ 3,637 $ 681,897 |
Note 5 - Deposits (Tables)
Note 5 - Deposits (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Time Deposit Maturities [Table Text Block] | June 30, Maturity Period: 2017 One Year or Less $ 46,093 Over One Through Two Years 60,182 Over Two Through Three Years 20,309 Over Three Through Four Years 12,893 Over Four Through Five Years 9,156 Over Five Years 8,718 Total $ 157,351 |
Note 6 - Short-term Borrowings
Note 6 - Short-term Borrowings (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | (Dollars in thousands) June 30, 2017 December 31, 2016 Weighted Weighted Average Average Amount Rate Amount Rate Short-term Borrowings Federal Funds Purchased: Average Balance Outstanding During the Period $ 17 - % $ 307 0.65 % Maximum Amount Outstanding at any Month End 550 6,000 FHLB Borrowings: Balance at Period End - - - - Average Balance Outstanding During the Period - - 596 0.67 Maximum Amount Outstanding at any Month End - 6,160 Securities Sold Under Agreements to Repurchase: Balance at Period End 25,450 0.25 27,027 0.24 Average Balance Outstanding During the Period 26,332 0.30 26,311 0.26 Maximum Amount Outstanding at any Month End 26,460 30,095 Securities Collaterizing the Agreements at Period-End: Carrying Value 32,499 33,785 Market Value 31,834 32,931 |
Note 7 - Other Borrowed Funds (
Note 7 - Other Borrowed Funds (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Long-term Debt Instruments [Table Text Block] | (Dollars in thousands) June 30, 2017 December 31, 2016 Weighted Weighted Average Average Amount Rate Amount Rate Due in One Year $ 3,500 1.35 % $ - -% Due After One Year to Two Years 4,000 1.67 3,500 0.94 Due After Two Years to Three Years 6,000 1.88 4,500 1.41 Due After Three Years to Four Years 5,000 2.09 6,000 1.78 Due After Four Years to Five Years 3,000 2.23 6,000 1.97 Due After Five Years 3,000 2.41 8,000 2.27 Total $ 24,500 1.92 $ 28,000 1.80 |
Note 8 - Commitments and Cont28
Note 8 - Commitments and Contingent Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block] | (Dollars in thousands) June 30, December 31, 2017 2016 Standby Letters of Credit $ 41,147 $ 36,657 Performance Letters of Credit 4,396 2,471 Construction Mortgages 32,485 21,363 Personal Lines of Credit 6,139 5,905 Overdraft Protection Lines 6,183 5,680 Home Equity Lines of Credit 15,286 14,722 Commercial Lines of Credit 64,303 51,725 $ 169,939 $ 138,523 |
Note 9 - Fair Value Disclosure
Note 9 - Fair Value Disclosure (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | (Dollars in thousands) Fair Value June 30, December 31, Hierarchy 2017 2016 Available for Sales Securities: U.S. Government Agencies Level II $ 65,286 $ 66,156 Obligations of States and Political Subdivisions Level II 36,727 35,735 Mortgage-Backed Securities - Government-Sponsored Enterprises Level II 12,883 2,619 Equity Securities - Mutual Funds Level I 507 507 Equity Securities - Other Level I 1,142 1,191 Total Available for Sale Securities $ 116,545 $ 106,208 |
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] | (Dollars in thousands) Fair Value at Significant Financial Asset Fair Value June 30, December 31, Valuation Significant Unobservable Impaired Loans Level III $ 2,455 $ 2,497 Market Comparable Properties Marketability Discount 10% to 30% (1) OREO Level III 155 - Market Comparable Properties Marketability Discount 10% to 50% (1) |
Fair Value, by Balance Sheet Grouping [Table Text Block] | (Dollars in thousands) June 30, 2017 December 31, 2016 Fair Value Carrying Fair Carrying Fair Hierarchy Value Value Value Value Financial Assets: Cash and Due From Banks: Interest Bearing Level I $ 17,464 $ 17,464 $ 7,699 $ 7,699 Non-Interest Bearing Level I 11,209 11,209 6,583 6,583 Investment Securities: Available for Sale See Above 116,545 116,545 106,208 106,208 Loans, Net Level III 674,262 685,730 674,094 684,777 Restricted Stock Level II 3,628 3,628 3,665 3,665 Bank-Owned Life Insurance Level II 18,919 18,919 18,687 18,687 Accrued Interest Receivable Level II 2,350 2,350 2,441 2,441 Financial Liabilities: Deposits Level II 727,059 706,817 698,218 697,806 Short-term Borrowings Level II 25,450 25,450 27,027 27,027 Other Borrowed Funds Level II 24,500 24,644 28,000 28,098 Accrued Interest Payable Level II 338 338 334 334 |
Note 10 - Other Noninterest E30
Note 10 - Other Noninterest Expense (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Other Operating Cost and Expense, by Component [Table Text Block] | (Dollars in thousands) Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Other Noninterest Expense Non-employee compensation $ 100 $ 134 $ 200 $ 267 Printing and supplies 100 134 202 208 Postage 64 44 130 103 Telephone 99 97 188 181 Charitable contributions 56 41 80 69 Dues and subscriptions 55 46 118 93 Loan expenses 86 73 160 143 Meals and entertainment 43 34 68 58 Travel 43 40 69 70 Training 9 6 20 18 Miscellaneous 174 242 404 462 Total Other Noninterest Expense $ 829 $ 891 $ 1,639 $ 1,672 |
Note 1 - Summary of Significa31
Note 1 - Summary of Significant Accounting Policies (Details Textual) | 6 Months Ended |
Jun. 30, 2017 | |
Product Concentration Risk [Member] | Total Interest and Noninterest Income [Member] | Exchange Underwriters Insurance Commissions [Member] | |
Concentration Risk, Percentage | 11.00% |
Note 2 - Earnings Per Share - B
Note 2 - Earnings Per Share - Basic and Diluted Earnings Per Common Share (Details) - $ / shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Weighted-Average Common Shares Outstanding (in shares) | 4,363,346 | 4,363,346 | 4,363,346 | 4,363,346 |
Average Treasury Stock Shares (in shares) | (275,321) | (282,329) | (275,687) | (282,329) |
Basic (in shares) | 4,088,025 | 4,081,017 | 4,087,659 | 4,081,017 |
Additional Common Stock Equivalents (Stock Options and Restricted Stock) Used to Calculate Diluted Earnings Per Share (in shares) | 17,313 | 3,678 | 14,202 | 2,296 |
Weighted-Average Common Shares and Common Stock Equivalents Used to Calculate Diluted Earnings Per Share (in shares) | 4,105,338 | 4,084,695 | 4,101,861 | 4,083,313 |
EARNINGS PER SHARE | ||||
Basic (in dollars per share) | $ 0.44 | $ 0.48 | $ 0.86 | $ 0.98 |
Diluted (in dollars per share) | $ 0.44 | $ 0.48 | $ 0.85 | $ 0.98 |
Note 3 - Investment Securitie33
Note 3 - Investment Securities (Details Textual) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Credit Losses on Debt Securities Held | $ 0 | $ 0 |
Note 3 - Investment Securitie34
Note 3 - Investment Securities - Amortized Cost and Fair Value of Investment Securities Available-for-sale (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Securities available-for-sale, gross unrealized gains | $ 485 | $ 513 |
Securities available-for-sale, gross unrealized losses | (1,481) | (2,299) |
Available for sale securities | 116,545 | 106,208 |
Securities available-for-sale, amortized cost | 117,541 | 107,994 |
US Government Agencies Debt Securities [Member] | ||
Securities available-for-sale, gross unrealized gains | 1 | 18 |
Securities available-for-sale, gross unrealized losses | (1,335) | (1,806) |
Available for sale securities | 65,286 | 66,156 |
Securities available-for-sale, amortized cost | 66,620 | 67,944 |
US States and Political Subdivisions Debt Securities [Member] | ||
Securities available-for-sale, gross unrealized gains | 394 | 366 |
Securities available-for-sale, gross unrealized losses | (90) | (487) |
Available for sale securities | 36,727 | 35,735 |
Securities available-for-sale, amortized cost | 36,423 | 35,856 |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available-for-sale, gross unrealized gains | 9 | 31 |
Securities available-for-sale, gross unrealized losses | (33) | |
Available for sale securities | 12,883 | 2,619 |
Securities available-for-sale, amortized cost | 12,907 | 2,588 |
Equity Securities - Mutual Funds [Member] | ||
Securities available-for-sale, gross unrealized gains | 7 | 7 |
Securities available-for-sale, gross unrealized losses | ||
Available for sale securities | 507 | 507 |
Securities available-for-sale, amortized cost | 500 | 500 |
Equity Securities [Member] | ||
Securities available-for-sale, gross unrealized gains | 74 | 91 |
Securities available-for-sale, gross unrealized losses | (23) | (6) |
Available for sale securities | 1,142 | 1,191 |
Securities available-for-sale, amortized cost | $ 1,091 | $ 1,106 |
Note 3 - Investment Securitie35
Note 3 - Investment Securities - Gross Unrealized Losses and Fair Value by Investment Category and Continuous Unrealized Loss Position (Details) $ in Thousands | Jun. 30, 2017USD ($) | Dec. 31, 2016USD ($) |
Securities in continuous unrealized loss position, number of securities | 53 | 65 |
Securities in continuous unrealized loss position, fair value | $ 79,003 | $ 83,022 |
Securities in continuous unrealized loss position, gross unrealized losses | $ (1,481) | $ (2,299) |
Securities in continuous unrealized loss position, less than twelve months, number of securities | 49 | 64 |
Securities in continuous unrealized loss position, less than twelve months, fair value | $ 77,374 | $ 82,762 |
Securities in continuous unrealized loss position, less than twelve months, gross unrealized losses | $ (1,469) | $ (2,297) |
Securities in continuous unrealized loss position, twelve months or more, number of securities | 4 | 1 |
Securities in continuous unrealized loss position, twelve months or more, fair value | $ 1,629 | $ 260 |
Securities in continuous unrealized loss position, twelve months or more, gross unrealized losses | $ (12) | $ (2) |
US Government Agencies Debt Securities [Member] | ||
Securities in continuous unrealized loss position, number of securities | 21 | 23 |
Securities in continuous unrealized loss position, fair value | $ 57,265 | $ 62,853 |
Securities in continuous unrealized loss position, gross unrealized losses | $ (1,335) | $ (1,806) |
Securities in continuous unrealized loss position, less than twelve months, number of securities | 21 | 23 |
Securities in continuous unrealized loss position, less than twelve months, fair value | $ 57,265 | $ 62,853 |
Securities in continuous unrealized loss position, less than twelve months, gross unrealized losses | $ (1,335) | $ (1,806) |
Securities in continuous unrealized loss position, twelve months or more, number of securities | ||
Securities in continuous unrealized loss position, twelve months or more, fair value | ||
Securities in continuous unrealized loss position, twelve months or more, gross unrealized losses | ||
US States and Political Subdivisions Debt Securities [Member] | ||
Securities in continuous unrealized loss position, number of securities | 22 | 40 |
Securities in continuous unrealized loss position, fair value | $ 10,726 | $ 20,009 |
Securities in continuous unrealized loss position, gross unrealized losses | $ (90) | $ (487) |
Securities in continuous unrealized loss position, less than twelve months, number of securities | 18 | 39 |
Securities in continuous unrealized loss position, less than twelve months, fair value | $ 9,097 | $ 19,749 |
Securities in continuous unrealized loss position, less than twelve months, gross unrealized losses | $ (78) | $ (485) |
Securities in continuous unrealized loss position, twelve months or more, number of securities | 4 | 1 |
Securities in continuous unrealized loss position, twelve months or more, fair value | $ 1,629 | $ 260 |
Securities in continuous unrealized loss position, twelve months or more, gross unrealized losses | $ (12) | $ (2) |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities in continuous unrealized loss position, number of securities | 5 | |
Securities in continuous unrealized loss position, fair value | $ 10,639 | |
Securities in continuous unrealized loss position, gross unrealized losses | $ (33) | |
Securities in continuous unrealized loss position, less than twelve months, number of securities | 5 | |
Securities in continuous unrealized loss position, less than twelve months, fair value | $ 10,639 | |
Securities in continuous unrealized loss position, less than twelve months, gross unrealized losses | $ (33) | |
Securities in continuous unrealized loss position, twelve months or more, number of securities | ||
Securities in continuous unrealized loss position, twelve months or more, fair value | ||
Securities in continuous unrealized loss position, twelve months or more, gross unrealized losses | ||
Equity Securities [Member] | ||
Securities in continuous unrealized loss position, number of securities | 5 | 2 |
Securities in continuous unrealized loss position, fair value | $ 373 | $ 160 |
Securities in continuous unrealized loss position, gross unrealized losses | $ (23) | $ (6) |
Securities in continuous unrealized loss position, less than twelve months, number of securities | 5 | 2 |
Securities in continuous unrealized loss position, less than twelve months, fair value | $ 373 | $ 160 |
Securities in continuous unrealized loss position, less than twelve months, gross unrealized losses | $ (23) | $ (6) |
Securities in continuous unrealized loss position, twelve months or more, number of securities | ||
Securities in continuous unrealized loss position, twelve months or more, fair value | ||
Securities in continuous unrealized loss position, twelve months or more, gross unrealized losses |
Note 3 - Investment Securitie36
Note 3 - Investment Securities - Maturities of Investment Securities Available-for-sale and Held-to-maturity (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Due in one year or less, amortized cost | $ 1,576 | |
Due in one year or less, fair value | 1,588 | |
Due after one year through five years, amortized cost | 17,826 | |
Due after one year through five years, fair value | 17,898 | |
Due after five years through ten years, amortized cost | 84,604 | |
Due after five years through ten years, fair value | 83,467 | |
Due after ten years, amortized cost | 13,535 | |
Due after ten years, fair value | 13,592 | |
Total, amortized cost | 117,541 | $ 107,994 |
Total, fair value | $ 116,545 | $ 106,208 |
Note 4 - Loans and Related Al37
Note 4 - Loans and Related Allowance for Loan Loss (Details Textual) | Aug. 04, 2017USD ($) | Jun. 30, 2017USD ($) | Jun. 30, 2016 | Jun. 30, 2017USD ($) | Jun. 30, 2016 | Dec. 31, 2016USD ($) |
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums | $ 872,000 | $ 872,000 | $ 818,000 | |||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ||
Financing Receivable, Modifications, Number of Contracts | 0 | 0 | 0 | 0 | ||
Loans and Leases Receivable, Gross | $ 682,345,000 | $ 682,345,000 | 681,897,000 | |||
Real Estate Loans Serviced for Others | 90,400,000 | 90,400,000 | 83,900,000 | |||
Mortgage Loans in Process of Foreclosure, Amount | $ 795,000 | $ 795,000 | $ 2,200,000 | |||
Financing Receivable, TDRs, Number of Contracts | 14 | 14 | 15 | |||
Financing Receivable, Modifications, Recorded Investment | $ 4,300,000 | $ 4,300,000 | $ 4,700,000 | |||
Unlikely to be Collected Financing Receivable [Member] | ||||||
Loans and Leases Receivable, Gross | 0 | 0 | 0 | |||
Subsequent Event [Member] | ||||||
Financial Guarantee Insurance Contracts, Premium Receivable, Proceeds from Premiums Received | $ 218,000 | |||||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||||||
Loans and Leases Receivable, Gross | 196,280,000 | 196,280,000 | 201,010,000 | |||
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||||||
Loans and Leases Receivable, Gross | 267,547,000 | 267,547,000 | 271,588,000 | |||
Originated Loans [Member] | ||||||
Financing Receivable, Modifications, Number of Contracts | 1 | |||||
Loans and Leases Receivable, Gross | $ 539,313,000 | $ 539,313,000 | $ 525,352,000 | |||
Financing Receivable, TDRs, Number of Contracts | 6 | 6 | 6 | |||
Financing Receivable, Modifications, Recorded Investment | $ 2,300,000 | $ 2,300,000 | $ 2,300,000 | |||
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||||||
Loans and Leases Receivable, Gross | 140,652,000 | 140,652,000 | 139,894,000 | |||
Originated Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||||||
Loans and Leases Receivable, Gross | 189,189,000 | 189,189,000 | 186,077,000 | |||
Acquired Loans [Member] | ||||||
Financing Receivable, Modifications, Number of Contracts | 2 | |||||
Loans and Leases Receivable, Gross | $ 143,032,000 | $ 143,032,000 | $ 156,545,000 | |||
Financing Receivable, TDRs, Number of Contracts | 8 | 8 | 9 | |||
Financing Receivable, Modifications, Recorded Investment | $ 2,000,000 | $ 2,000,000 | $ 2,400,000 | |||
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | ||||||
Financing Receivable Modifications Number of Contracts Paid Off | 1 | |||||
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||||||
Financing Receivable, Modifications, Number of Contracts | 1 | |||||
Loans and Leases Receivable, Gross | 55,628,000 | 55,628,000 | 61,116,000 | |||
Financing Receivable Modifications Number of Contracts Paid Off | 1 | |||||
Acquired Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||||||
Financing Receivable, Modifications, Number of Contracts | 1 | |||||
Loans and Leases Receivable, Gross | $ 78,358,000 | $ 78,358,000 | $ 85,511,000 | |||
Financing Receivable Modifications Number of Contracts Paid Off | 1 |
Note 4 - Loans and Related Al38
Note 4 - Loans and Related Allowance for Loan Loss - Composition of Loan Portfolio (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Originated and acquired loans, percent | 100.00% | 100.00% |
Allowance for loan losses | $ (8,083) | $ (7,803) |
Loans, Net | 674,262 | 674,094 |
Originated and acquired loans | $ 682,345 | $ 681,897 |
Originated Loans [Member] | ||
Originated and acquired loans, percent | 100.00% | 100.00% |
Allowance for loan losses | $ (7,468) | $ (7,283) |
Loans, Net | 531,845 | 518,069 |
Originated and acquired loans | $ 539,313 | $ 525,352 |
Acquired Loans [Member] | ||
Originated and acquired loans, percent | 100.00% | 100.00% |
Allowance for loan losses | $ (615) | $ (520) |
Loans, Net | 142,417 | 156,025 |
Originated and acquired loans | $ 143,032 | $ 156,545 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Originated and acquired loans, percent | 39.20% | 39.80% |
Originated and acquired loans | $ 267,547 | $ 271,588 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Originated and acquired loans, percent | 35.00% | 35.40% |
Originated and acquired loans | $ 189,189 | $ 186,077 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Originated and acquired loans, percent | 54.80% | 54.70% |
Originated and acquired loans | $ 78,358 | $ 85,511 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Originated and acquired loans, percent | 28.80% | 29.50% |
Originated and acquired loans | $ 196,280 | $ 201,010 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Originated and acquired loans, percent | 26.10% | 26.70% |
Originated and acquired loans | $ 140,652 | $ 139,894 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Originated and acquired loans, percent | 39.00% | 39.00% |
Originated and acquired loans | $ 55,628 | $ 61,116 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | ||
Originated and acquired loans, percent | 12.40% | 11.90% |
Originated and acquired loans | $ 84,514 | $ 80,812 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | ||
Originated and acquired loans, percent | 14.10% | 13.50% |
Originated and acquired loans | $ 75,665 | $ 71,091 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | ||
Originated and acquired loans, percent | 6.10% | 6.20% |
Originated and acquired loans | $ 8,849 | $ 9,721 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Originated and acquired loans, percent | 2.90% | 1.60% |
Originated and acquired loans | $ 20,186 | $ 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Originated and acquired loans, percent | 3.70% | 2.00% |
Originated and acquired loans | $ 20,186 | $ 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Originated and acquired loans | ||
Consumer Portfolio Segment [Member] | ||
Originated and acquired loans, percent | 16.20% | 16.70% |
Originated and acquired loans | $ 110,310 | $ 114,204 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | ||
Originated and acquired loans, percent | 20.40% | 21.70% |
Originated and acquired loans | $ 110,113 | $ 114,007 |
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | ||
Originated and acquired loans, percent | 0.10% | 0.10% |
Originated and acquired loans | $ 197 | $ 197 |
Unallocated Financing Receivables [Member] | ||
Originated and acquired loans, percent | 0.50% | 0.50% |
Originated and acquired loans | $ 3,508 | $ 3,637 |
Unallocated Financing Receivables [Member] | Originated Loans [Member] | ||
Originated and acquired loans, percent | 0.70% | 0.70% |
Originated and acquired loans | $ 3,508 | $ 3,637 |
Note 4 - Loans and Related Al39
Note 4 - Loans and Related Allowance for Loan Loss - Credit Quality Information (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Loans and Leases Receivable, Gross | $ 682,345 | $ 681,897 |
Pass [Member] | ||
Loans and Leases Receivable, Gross | 645,028 | 651,341 |
Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 27,297 | 20,288 |
Substandard [Member] | ||
Loans and Leases Receivable, Gross | 7,961 | 7,673 |
Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 2,059 | 2,595 |
Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 539,313 | 525,352 |
Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 507,151 | 500,572 |
Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 25,287 | 17,888 |
Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 5,114 | 4,418 |
Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 1,761 | 2,474 |
Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | 143,032 | 156,545 |
Acquired Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 137,877 | 150,769 |
Acquired Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 2,010 | 2,400 |
Acquired Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 2,847 | 3,255 |
Acquired Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 298 | 121 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Loans and Leases Receivable, Gross | 267,547 | 271,588 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 264,083 | 267,765 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 1,061 | 1,050 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 2,403 | 2,773 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 189,189 | 186,077 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 187,741 | 184,721 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 1,061 | 1,050 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 387 | 306 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | 78,358 | 85,511 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 76,342 | 83,044 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 2,016 | 2,467 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Commercial Portfolio Segment [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Loans and Leases Receivable, Gross | 196,280 | 201,010 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 176,464 | 181,222 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 16,034 | 16,476 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 3,332 | 2,382 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 450 | 930 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 140,652 | 139,894 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 123,544 | 122,811 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 14,037 | 14,118 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 2,821 | 2,035 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 250 | 930 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | 55,628 | 61,116 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 52,920 | 58,411 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 1,997 | 2,358 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 511 | 347 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 200 | |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Leases Receivable, Gross | 84,514 | 80,812 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 71,130 | 74,729 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 10,202 | 2,762 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 1,632 | 1,763 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 1,550 | 1,558 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 75,665 | 71,091 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 62,712 | 65,612 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 10,189 | 2,720 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 1,312 | 1,322 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 1,452 | 1,437 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | 8,849 | 9,721 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 8,418 | 9,117 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | 13 | 42 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 320 | 441 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 98 | 121 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Loans and Leases Receivable, Gross | 20,186 | 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 19,562 | 9,944 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 565 | 595 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 59 | 107 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 20,186 | 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 19,562 | 9,944 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 565 | 595 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | 59 | 107 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | ||
Loans and Leases Receivable, Gross | 110,310 | 114,204 |
Consumer Portfolio Segment [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 110,281 | 114,044 |
Consumer Portfolio Segment [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 29 | 160 |
Consumer Portfolio Segment [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 110,113 | 114,007 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 110,084 | 113,847 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | 29 | 160 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | 197 | 197 |
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 197 | 197 |
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | ||
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | Originated Loans [Member] | ||
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Originated Loans [Member] | Pass [Member] | ||
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Originated Loans [Member] | Special Mention [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | Originated Loans [Member] | Substandard [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | Originated Loans [Member] | Doubtful [Member] | ||
Loans and Leases Receivable, Gross | ||
Other Portfolio Segment [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross |
Note 4 - Loans and Related Al40
Note 4 - Loans and Related Allowance for Loan Loss - Delinquencies in the Loan (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Loans current | $ 676,235 | $ 671,212 |
Total past due | 2,139 | 6,296 |
Non-accrual | 3,971 | 4,389 |
Loans and Leases Receivable, Gross | 682,345 | 681,897 |
Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 1,876 | 5,247 |
Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 92 | 698 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 171 | 351 |
Originated Loans [Member] | ||
Loans current | 534,800 | 518,478 |
Total past due | 1,886 | 4,397 |
Non-accrual | 2,627 | 2,477 |
Loans and Leases Receivable, Gross | 539,313 | 525,352 |
Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 1,711 | 3,901 |
Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 92 | 368 |
Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 83 | 128 |
Acquired Loans [Member] | ||
Loans current | 141,435 | 152,734 |
Total past due | 253 | 1,899 |
Non-accrual | 1,344 | 1,912 |
Loans and Leases Receivable, Gross | 143,032 | 156,545 |
Acquired Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 165 | 1,346 |
Acquired Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 330 | |
Acquired Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 88 | 223 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Loans current | 265,725 | 266,462 |
Total past due | 336 | 3,253 |
Non-accrual | 1,486 | 1,873 |
Loans and Leases Receivable, Gross | 267,547 | 271,588 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 165 | 2,531 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 17 | 379 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 154 | 343 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Loans current | 188,747 | 183,939 |
Total past due | 83 | 1,830 |
Non-accrual | 359 | 308 |
Loans and Leases Receivable, Gross | 189,189 | 186,077 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 1,638 | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 17 | 72 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 66 | 120 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Loans current | 76,978 | 82,523 |
Total past due | 253 | 1,423 |
Non-accrual | 1,127 | 1,565 |
Loans and Leases Receivable, Gross | 78,358 | 85,511 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 165 | 893 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 307 | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 88 | 223 |
Commercial Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 17 | 8 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Loans current | 195,792 | 200,258 |
Total past due | 332 | |
Non-accrual | 488 | 420 |
Loans and Leases Receivable, Gross | 196,280 | 201,010 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 332 | |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Loans current | 140,364 | 139,821 |
Total past due | ||
Non-accrual | 288 | 73 |
Loans and Leases Receivable, Gross | 140,652 | 139,894 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Loans current | 55,428 | 60,437 |
Total past due | 332 | |
Non-accrual | 200 | 347 |
Loans and Leases Receivable, Gross | 55,628 | 61,116 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 332 | |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | ||
Loans current | 82,073 | 77,887 |
Total past due | 532 | 1,096 |
Non-accrual | 1,909 | 1,829 |
Loans and Leases Receivable, Gross | 84,514 | 80,812 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 532 | 1,073 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 23 | |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | ||
Loans current | 73,241 | 68,310 |
Total past due | 532 | 952 |
Non-accrual | 1,892 | 1,829 |
Loans and Leases Receivable, Gross | 75,665 | 71,091 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 532 | 952 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | ||
Loans current | 8,832 | 9,577 |
Total past due | 144 | |
Non-accrual | 17 | |
Loans and Leases Receivable, Gross | 8,849 | 9,721 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 121 | |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 23 | |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Loans current | 20,127 | 10,539 |
Total past due | ||
Non-accrual | 59 | 107 |
Loans and Leases Receivable, Gross | 20,186 | 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Loans current | 20,127 | 10,539 |
Total past due | ||
Non-accrual | 59 | 107 |
Loans and Leases Receivable, Gross | 20,186 | 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | ||
Loans current | 109,010 | 112,429 |
Total past due | 1,271 | 1,615 |
Non-accrual | 29 | 160 |
Loans and Leases Receivable, Gross | 110,310 | 114,204 |
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 1,179 | 1,311 |
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 75 | 296 |
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | 17 | 8 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | ||
Loans current | 108,813 | 112,232 |
Total past due | 1,271 | 1,615 |
Non-accrual | 29 | 160 |
Loans and Leases Receivable, Gross | 110,113 | 114,007 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | 1,179 | 1,311 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | 75 | 296 |
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | ||
Loans current | 197 | 197 |
Total past due | ||
Non-accrual | ||
Loans and Leases Receivable, Gross | 197 | 197 |
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | ||
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | ||
Loans current | 3,508 | 3,637 |
Total past due | ||
Non-accrual | ||
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | Originated Loans [Member] | ||
Loans current | 3,508 | 3,637 |
Total past due | ||
Non-accrual | ||
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Total past due | ||
Other Portfolio Segment [Member] | Acquired Loans [Member] | ||
Loans and Leases Receivable, Gross |
Note 4 - Loans and Related Al41
Note 4 - Loans and Related Allowance for Loan Loss - Nonperforming Assets (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2017 | Jun. 30, 2016 | Dec. 31, 2016 | |
Nonaccrual loans | $ 3,971 | $ 4,389 | |
Originated and acquired loans | 682,345 | 681,897 | |
Total Nonperforming Assets | $ 872,389 | $ 846,075 | |
Nonperforming Loans to Total Loans | 1.10% | 1.24% | |
Nonperforming Assets to Total Assets | 0.90% | 1.02% | |
Nonperforming Financial Instruments [Member] | |||
Nonaccrual loans | $ 3,971 | $ 4,389 | |
Accruing loans past due 90 days or more | 171 | 351 | |
Total Nonaccrual Loans and Accruing Loans 90 Days or More Past Due | 4,142 | 4,740 | |
Nonperforming loans | 3,345 | 3,687 | |
Originated and acquired loans | 7,487 | 8,427 | |
Total Real Estate Owned | 382 | 174 | |
Total Nonperforming Assets | 7,869 | 8,601 | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 1,486 | 1,873 | |
Originated and acquired loans | 267,547 | 271,588 | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Nonperforming Financial Instruments [Member] | |||
Total Real Estate Owned | 208 | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 488 | 420 | |
Originated and acquired loans | 196,280 | 201,010 | |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Nonperforming Financial Instruments [Member] | |||
Total Real Estate Owned | 174 | 174 | |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | |||
Nonaccrual loans | 1,909 | 1,829 | |
Originated and acquired loans | 84,514 | 80,812 | |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 59 | 107 | |
Originated and acquired loans | 20,186 | 10,646 | |
Consumer Portfolio Segment [Member] | |||
Nonaccrual loans | 29 | 160 | |
Originated and acquired loans | 110,310 | 114,204 | |
Other Portfolio Segment [Member] | |||
Nonaccrual loans | |||
Originated and acquired loans | 3,508 | 3,637 | |
Originated Loans [Member] | |||
Nonaccrual loans | 2,627 | 2,477 | |
Accruing loans past due 90 days or more | 83 | 128 | |
Nonperforming loans | 1,306 | $ 7 | 1,335 |
Originated and acquired loans | 539,313 | 525,352 | |
Originated Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 359 | 308 | |
Accruing loans past due 90 days or more | 66 | 120 | |
Originated and acquired loans | 189,189 | 186,077 | |
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 288 | 73 | |
Nonperforming loans | 1,298 | 1,325 | |
Originated and acquired loans | 140,652 | 139,894 | |
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | |||
Nonaccrual loans | 1,892 | 1,829 | |
Nonperforming loans | 5 | 6 | |
Originated and acquired loans | 75,665 | 71,091 | |
Originated Loans [Member] | Construction Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 59 | 107 | |
Originated and acquired loans | 20,186 | 10,646 | |
Originated Loans [Member] | Consumer Portfolio Segment [Member] | |||
Nonaccrual loans | 29 | 160 | |
Accruing loans past due 90 days or more | 17 | 8 | |
Originated and acquired loans | 110,113 | 114,007 | |
Originated Loans [Member] | Other Portfolio Segment [Member] | |||
Nonaccrual loans | |||
Nonperforming loans | 3 | 7 | 4 |
Originated and acquired loans | 3,508 | 3,637 | |
Acquired Loans [Member] | |||
Nonaccrual loans | 1,344 | 1,912 | |
Accruing loans past due 90 days or more | 88 | 223 | |
Nonperforming loans | 2,039 | 584 | 2,352 |
Originated and acquired loans | 143,032 | 156,545 | |
Acquired Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 1,127 | 1,565 | |
Accruing loans past due 90 days or more | 88 | 223 | |
Nonperforming loans | 1,279 | 45 | 1,299 |
Originated and acquired loans | 78,358 | 85,511 | |
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Nonaccrual loans | 200 | 347 | |
Nonperforming loans | 457 | $ 539 | 660 |
Originated and acquired loans | 55,628 | 61,116 | |
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | |||
Nonaccrual loans | 17 | ||
Nonperforming loans | 303 | 393 | |
Originated and acquired loans | 8,849 | 9,721 | |
Acquired Loans [Member] | Construction Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Originated and acquired loans | |||
Acquired Loans [Member] | Consumer Portfolio Segment [Member] | |||
Nonaccrual loans | |||
Originated and acquired loans | 197 | 197 | |
Acquired Loans [Member] | Other Portfolio Segment [Member] | |||
Originated and acquired loans |
Note 4 - Loans and Related Al42
Note 4 - Loans and Related Allowance for Loan Loss - Loans Classified as TDRs (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017USD ($) | Jun. 30, 2016USD ($) | Dec. 31, 2016USD ($) | |
Number of contracts | 0 | 0 | 0 | 0 | |
Originated Loans [Member] | |||||
Number of contracts | 1 | ||||
Pre-modification outstanding recorded investment | $ 7 | ||||
Nonperforming loans | $ 1,306 | 7 | $ 1,335 | ||
Related allowance | |||||
Originated Loans [Member] | Other Portfolio Segment [Member] | |||||
Number of contracts | 1 | ||||
Pre-modification outstanding recorded investment | $ 7 | ||||
Nonperforming loans | 3 | 7 | 4 | ||
Related allowance | |||||
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Nonperforming loans | 1,298 | 1,325 | |||
Acquired Loans [Member] | |||||
Number of contracts | 2 | ||||
Pre-modification outstanding recorded investment | $ 576 | ||||
Nonperforming loans | 2,039 | 584 | 2,352 | ||
Related allowance | |||||
Acquired Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Number of contracts | 1 | ||||
Pre-modification outstanding recorded investment | $ 37 | ||||
Nonperforming loans | 1,279 | 45 | 1,299 | ||
Related allowance | |||||
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Number of contracts | 1 | ||||
Pre-modification outstanding recorded investment | $ 539 | ||||
Nonperforming loans | $ 457 | 539 | $ 660 | ||
Related allowance |
Note 4 - Loans and Related Al43
Note 4 - Loans and Related Allowance for Loan Loss - Impaired Loans (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2017 | Dec. 31, 2016 | |
Unpaid principal balance - with related allowance | $ 3,761 | $ 3,753 |
Average recorded investment - with related allowance | 3,903 | 3,736 |
Interest income recognized - with related allowance | 88 | 99 |
Recorded investment - with related allowance | 3,711 | 3,657 |
Average recorded investment | 10,317 | 10,330 |
Interest income recognized | 230 | 409 |
Impaired Loans | 9,817 | 9,701 |
Related allowance | 1,256 | 1,160 |
Recorded investment - with no related allowance | 6,106 | 6,044 |
Unpaid principal balance | 9,868 | 9,797 |
Unpaid principal balance - with no related allowance | 6,107 | 6,044 |
Average recorded investment - with no related allowance | 6,414 | 6,594 |
Interest income recognized - with no related allowance | 142 | 310 |
Originated Loans [Member] | ||
Unpaid principal balance - with related allowance | 3,663 | 3,195 |
Average recorded investment - with related allowance | 3,794 | 3,228 |
Interest income recognized - with related allowance | 85 | 93 |
Recorded investment - with related allowance | 3,613 | 3,189 |
Average recorded investment | 7,222 | 7,196 |
Interest income recognized | 163 | 267 |
Impaired Loans | 6,952 | 6,832 |
Related allowance | 1,240 | 1,015 |
Recorded investment - with no related allowance | 3,339 | 3,643 |
Unpaid principal balance | 7,003 | 6,838 |
Unpaid principal balance - with no related allowance | 3,340 | 3,643 |
Average recorded investment - with no related allowance | 3,428 | 3,968 |
Interest income recognized - with no related allowance | 78 | 174 |
Acquired Loans [Member] | ||
Unpaid principal balance - with related allowance | 98 | 558 |
Average recorded investment - with related allowance | 109 | 508 |
Interest income recognized - with related allowance | 3 | 6 |
Recorded investment - with related allowance | 98 | 468 |
Average recorded investment | 3,095 | 3,134 |
Interest income recognized | 67 | 142 |
Impaired Loans | 2,865 | 2,869 |
Related allowance | 16 | 145 |
Recorded investment - with no related allowance | 2,767 | 2,401 |
Unpaid principal balance | 2,865 | 2,959 |
Unpaid principal balance - with no related allowance | 2,767 | 2,401 |
Average recorded investment - with no related allowance | 2,986 | 2,626 |
Interest income recognized - with no related allowance | 64 | 136 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Average recorded investment | 1,393 | 1,320 |
Interest income recognized | 35 | 68 |
Impaired Loans | 1,380 | 1,300 |
Related allowance | ||
Recorded investment - with no related allowance | 1,380 | 1,300 |
Unpaid principal balance | 1,381 | 1,300 |
Unpaid principal balance - with no related allowance | 1,300 | |
Average recorded investment - with no related allowance | 1,393 | 1,320 |
Interest income recognized - with no related allowance | 35 | 68 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Average recorded investment | 104 | |
Interest income recognized | 2 | |
Impaired Loans | 101 | |
Related allowance | ||
Recorded investment - with no related allowance | 101 | |
Unpaid principal balance | 102 | |
Unpaid principal balance - with no related allowance | 102 | |
Average recorded investment - with no related allowance | 104 | |
Interest income recognized - with no related allowance | 2 | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Average recorded investment | 1,289 | 1,320 |
Interest income recognized | 33 | 68 |
Impaired Loans | 1,279 | 1,300 |
Related allowance | ||
Recorded investment - with no related allowance | 1,279 | 1,300 |
Unpaid principal balance | 1,279 | 1,300 |
Unpaid principal balance - with no related allowance | 1,279 | 1,300 |
Average recorded investment - with no related allowance | 1,289 | 1,320 |
Interest income recognized - with no related allowance | 33 | 68 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Unpaid principal balance - with related allowance | 1,508 | 1,686 |
Average recorded investment - with related allowance | 1,523 | 1,644 |
Interest income recognized - with related allowance | 33 | 66 |
Recorded investment - with related allowance | 1,508 | 1,596 |
Average recorded investment | 4,843 | 4,635 |
Interest income recognized | 102 | 213 |
Impaired Loans | 4,623 | 4,368 |
Related allowance | 425 | 474 |
Recorded investment - with no related allowance | 3,115 | 2,772 |
Unpaid principal balance | 4,623 | 4,458 |
Unpaid principal balance - with no related allowance | 3,115 | 2,772 |
Average recorded investment - with no related allowance | 3,320 | 2,991 |
Interest income recognized - with no related allowance | 69 | 147 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Unpaid principal balance - with related allowance | 1,508 | 1,249 |
Average recorded investment - with related allowance | 1,523 | 1,277 |
Interest income recognized - with related allowance | 33 | 66 |
Recorded investment - with related allowance | 1,508 | 1,249 |
Average recorded investment | 3,526 | 3,505 |
Interest income recognized | 79 | 166 |
Impaired Loans | 3,455 | 3,361 |
Related allowance | 425 | 360 |
Recorded investment - with no related allowance | 1,947 | 2,112 |
Unpaid principal balance | 3,455 | 3,361 |
Unpaid principal balance - with no related allowance | 1,947 | 2,112 |
Average recorded investment - with no related allowance | 2,003 | 2,228 |
Interest income recognized - with no related allowance | 46 | 100 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Unpaid principal balance - with related allowance | 437 | |
Average recorded investment - with related allowance | 367 | |
Interest income recognized - with related allowance | ||
Recorded investment - with related allowance | 347 | |
Average recorded investment | 1,317 | 1,130 |
Interest income recognized | 23 | 47 |
Impaired Loans | 1,168 | 1,007 |
Related allowance | 114 | |
Recorded investment - with no related allowance | 1,168 | 660 |
Unpaid principal balance | 1,168 | 1,097 |
Unpaid principal balance - with no related allowance | 1,168 | 660 |
Average recorded investment - with no related allowance | 1,317 | 763 |
Interest income recognized - with no related allowance | 23 | 47 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | ||
Unpaid principal balance - with related allowance | 2,253 | 2,067 |
Average recorded investment - with related allowance | 2,380 | 2,092 |
Interest income recognized - with related allowance | 55 | 33 |
Recorded investment - with related allowance | 2,203 | 2,061 |
Average recorded investment | 3,426 | 3,526 |
Interest income recognized | 80 | 99 |
Impaired Loans | 3,187 | 3,327 |
Related allowance | 831 | 686 |
Recorded investment - with no related allowance | 984 | 1,266 |
Unpaid principal balance | 3,237 | 3,333 |
Unpaid principal balance - with no related allowance | 984 | 1,266 |
Average recorded investment - with no related allowance | 1,046 | 1,434 |
Interest income recognized - with no related allowance | 25 | 66 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | ||
Unpaid principal balance - with related allowance | 2,155 | 1,946 |
Average recorded investment - with related allowance | 2,271 | 1,951 |
Interest income recognized - with related allowance | 52 | 27 |
Recorded investment - with related allowance | 2,105 | 1,940 |
Average recorded investment | 2,937 | 2,842 |
Interest income recognized | 69 | 72 |
Impaired Loans | 2,769 | 2,765 |
Related allowance | 815 | 655 |
Recorded investment - with no related allowance | 664 | 825 |
Unpaid principal balance | 2,819 | 2,771 |
Unpaid principal balance - with no related allowance | 664 | 825 |
Average recorded investment - with no related allowance | 666 | 891 |
Interest income recognized - with no related allowance | 17 | 45 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | ||
Unpaid principal balance - with related allowance | 98 | 121 |
Average recorded investment - with related allowance | 109 | 141 |
Interest income recognized - with related allowance | 3 | 6 |
Recorded investment - with related allowance | 98 | 121 |
Average recorded investment | 489 | 684 |
Interest income recognized | 11 | 27 |
Impaired Loans | 418 | 562 |
Related allowance | 16 | 31 |
Recorded investment - with no related allowance | 320 | 441 |
Unpaid principal balance | 418 | 562 |
Unpaid principal balance - with no related allowance | 320 | 441 |
Average recorded investment - with no related allowance | 380 | 543 |
Interest income recognized - with no related allowance | 8 | 21 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Average recorded investment | 652 | 843 |
Interest income recognized | 13 | 28 |
Impaired Loans | 624 | 702 |
Related allowance | ||
Recorded investment - with no related allowance | 624 | 702 |
Unpaid principal balance | 624 | 702 |
Unpaid principal balance - with no related allowance | 624 | 702 |
Average recorded investment - with no related allowance | 652 | 843 |
Interest income recognized - with no related allowance | 13 | 28 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Average recorded investment | 652 | 843 |
Interest income recognized | 13 | 28 |
Impaired Loans | 624 | 702 |
Related allowance | ||
Recorded investment - with no related allowance | 624 | 702 |
Unpaid principal balance | 624 | 702 |
Unpaid principal balance - with no related allowance | 624 | 702 |
Average recorded investment - with no related allowance | 652 | 843 |
Interest income recognized - with no related allowance | 13 | 28 |
Other Portfolio Segment [Member] | ||
Average recorded investment | 3 | 6 |
Interest income recognized | 1 | |
Impaired Loans | 3 | 4 |
Related allowance | ||
Recorded investment - with no related allowance | 3 | 4 |
Unpaid principal balance | 3 | 4 |
Unpaid principal balance - with no related allowance | 3 | 4 |
Average recorded investment - with no related allowance | 3 | 6 |
Interest income recognized - with no related allowance | 1 | |
Other Portfolio Segment [Member] | Originated Loans [Member] | ||
Average recorded investment | 3 | 6 |
Interest income recognized | 1 | |
Impaired Loans | 3 | 4 |
Related allowance | ||
Recorded investment - with no related allowance | 3 | 4 |
Unpaid principal balance | 3 | 4 |
Unpaid principal balance - with no related allowance | 3 | 4 |
Average recorded investment - with no related allowance | 3 | 6 |
Interest income recognized - with no related allowance | $ 1 |
Note 4 - Loans and Related Al44
Note 4 - Loans and Related Allowance for Loan Loss - Activity in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | Dec. 31, 2016 | |
Recoveries | $ 119 | $ 66 | $ 201 | $ 107 | |
Provision | 300 | 300 | 720 | 1,150 | |
Balance | 8,083 | 7,191 | 8,083 | 7,191 | |
Collectively Evaluated for Potential Impairment | (6,827) | (5,938) | (6,827) | (5,938) | $ (6,643) |
Individually Evaluated for Impairment | 1,256 | 1,253 | 1,256 | 1,253 | 1,160 |
Collectively Evaluated for Potential Impairment | 6,827 | 5,938 | 6,827 | 5,938 | 6,643 |
Balance | 7,785 | 6,973 | 7,803 | 6,490 | |
Charge-offs | (121) | (148) | (641) | (556) | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | 39 | 6 | 43 | 9 | |
Provision | (188) | (141) | (145) | (486) | |
Balance | 940 | 1,110 | 940 | 1,110 | |
Collectively Evaluated for Potential Impairment | (940) | (1,029) | (940) | (1,029) | (1,106) |
Individually Evaluated for Impairment | 81 | 81 | |||
Collectively Evaluated for Potential Impairment | 940 | 1,029 | 940 | 1,029 | 1,106 |
Balance | 1,089 | 1,259 | 1,106 | 1,623 | |
Charge-offs | (14) | (64) | (36) | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | 1 | 1 | 1 | 2 | |
Provision | 263 | (70) | 454 | 100 | |
Balance | 2,630 | 1,967 | 2,630 | 1,967 | |
Collectively Evaluated for Potential Impairment | (2,205) | (1,442) | (2,205) | (1,442) | (1,833) |
Individually Evaluated for Impairment | 425 | 525 | 425 | 525 | 474 |
Collectively Evaluated for Potential Impairment | 2,205 | 1,442 | 2,205 | 1,442 | 1,833 |
Balance | 2,369 | 2,036 | 2,307 | 2,045 | |
Charge-offs | (3) | (132) | (180) | ||
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | |||||
Recoveries | 25 | 36 | |||
Provision | 132 | 480 | 134 | 799 | |
Balance | 1,869 | 1,583 | 1,869 | 1,583 | |
Collectively Evaluated for Potential Impairment | (1,038) | (936) | (1,038) | (936) | (1,013) |
Individually Evaluated for Impairment | 831 | 647 | 831 | 647 | 686 |
Collectively Evaluated for Potential Impairment | 1,038 | 936 | 1,038 | 936 | 1,013 |
Balance | 1,712 | 1,103 | 1,699 | 784 | |
Charge-offs | |||||
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | |||||
Provision | 59 | (35) | 77 | (55) | |
Balance | 142 | 82 | 142 | 82 | |
Collectively Evaluated for Potential Impairment | (142) | (82) | (142) | (82) | (65) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 142 | 82 | 142 | 82 | 65 |
Balance | 83 | 117 | 65 | 137 | |
Charge-offs | |||||
Consumer Portfolio Segment [Member] | |||||
Recoveries | 54 | 54 | 121 | 85 | |
Provision | 31 | 33 | 84 | 485 | |
Balance | 2,223 | 2,143 | 2,223 | 2,143 | |
Collectively Evaluated for Potential Impairment | (2,223) | (2,143) | (2,223) | (2,143) | (2,463) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 2,223 | 2,143 | 2,223 | 2,143 | 2,463 |
Balance | 2,256 | 2,176 | 2,463 | 1,887 | |
Charge-offs | (118) | (120) | (445) | (314) | |
Other Portfolio Segment [Member] | |||||
Recoveries | 5 | 11 | |||
Provision | 8 | 16 | |||
Balance | 1 | 1 | |||
Collectively Evaluated for Potential Impairment | (1) | (1) | |||
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 1 | 1 | |||
Balance | 2 | ||||
Charge-offs | (14) | (26) | |||
Unallocated Financing Receivables [Member] | |||||
Recoveries | |||||
Provision | 3 | 25 | 116 | 291 | |
Balance | 279 | 305 | 279 | 305 | |
Collectively Evaluated for Potential Impairment | (279) | (305) | (279) | (305) | (163) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 279 | 305 | 279 | 305 | 163 |
Balance | 276 | 280 | 163 | 14 | |
Charge-offs | |||||
Originated Loans [Member] | |||||
Recoveries | 79 | 61 | 159 | 95 | |
Provision | 300 | 191 | 470 | 826 | |
Balance | 7,467 | 7,055 | 7,467 | 7,055 | |
Collectively Evaluated for Potential Impairment | (6,227) | (6,016) | (6,227) | (6,016) | (6,268) |
Individually Evaluated for Impairment | 1,240 | 1,039 | 1,240 | 1,039 | 1,015 |
Collectively Evaluated for Potential Impairment | 6,227 | 6,016 | 6,227 | 6,016 | 6,268 |
Balance | 7,206 | 6,937 | 7,283 | 6,490 | |
Charge-offs | (118) | (134) | (445) | (356) | |
Originated Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | 1 | 3 | 5 | 4 | |
Provision | (150) | (152) | (171) | (497) | |
Balance | 940 | 1,110 | 940 | 1,110 | |
Collectively Evaluated for Potential Impairment | (940) | (1,110) | (940) | (1,110) | (1,106) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 940 | 1,110 | 940 | 1,110 | 1,106 |
Balance | 1,089 | 1,259 | 1,106 | 1,623 | |
Charge-offs | (20) | ||||
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | |||||
Provision | 119 | (80) | 75 | (89) | |
Balance | 2,017 | 1,956 | 2,017 | 1,956 | |
Collectively Evaluated for Potential Impairment | (1,592) | (1,564) | (1,592) | (1,564) | (1,582) |
Individually Evaluated for Impairment | 425 | 392 | 425 | 392 | 360 |
Collectively Evaluated for Potential Impairment | 1,592 | 1,564 | 1,592 | 1,564 | 1,582 |
Balance | 1,898 | 2,036 | 1,942 | 2,045 | |
Charge-offs | |||||
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | |||||
Recoveries | 25 | 36 | |||
Provision | 137 | 365 | 145 | 684 | |
Balance | 1,760 | 1,468 | 1,760 | 1,468 | |
Collectively Evaluated for Potential Impairment | (945) | (821) | (945) | (821) | (924) |
Individually Evaluated for Impairment | 815 | 647 | 815 | 647 | 655 |
Collectively Evaluated for Potential Impairment | 945 | 821 | 945 | 821 | 924 |
Balance | 1,598 | 1,103 | 1,579 | 784 | |
Charge-offs | |||||
Originated Loans [Member] | Construction Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | |||||
Provision | 59 | (35) | 77 | (55) | |
Balance | 142 | 82 | 142 | 82 | |
Collectively Evaluated for Potential Impairment | (142) | (82) | (142) | (82) | (65) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 142 | 82 | 142 | 82 | 65 |
Balance | 83 | 117 | 65 | 137 | |
Charge-offs | |||||
Originated Loans [Member] | Consumer Portfolio Segment [Member] | |||||
Recoveries | 53 | 53 | 118 | 80 | |
Provision | 32 | 34 | 87 | 486 | |
Balance | 2,223 | 2,143 | 2,223 | 2,143 | |
Collectively Evaluated for Potential Impairment | (2,223) | (2,143) | (2,223) | (2,143) | (2,463) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 2,223 | 2,143 | 2,223 | 2,143 | 2,463 |
Balance | 2,256 | 2,176 | 2,463 | 1,887 | |
Charge-offs | (118) | (120) | (445) | (310) | |
Originated Loans [Member] | Other Portfolio Segment [Member] | |||||
Recoveries | 5 | 11 | |||
Provision | 8 | 16 | |||
Balance | 1 | 1 | |||
Collectively Evaluated for Potential Impairment | (1) | (1) | |||
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 1 | 1 | |||
Balance | 2 | ||||
Charge-offs | (14) | (26) | |||
Originated Loans [Member] | Unallocated Financing Receivables [Member] | |||||
Recoveries | |||||
Provision | 103 | 51 | 257 | 281 | |
Balance | 385 | 295 | 385 | 295 | |
Collectively Evaluated for Potential Impairment | (385) | (295) | (385) | (295) | (128) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | 385 | 295 | 385 | 295 | 128 |
Balance | 282 | 244 | 128 | 14 | |
Charge-offs | |||||
Acquired Loans [Member] | |||||
Recoveries | 40 | 5 | 42 | 12 | |
Provision | 109 | 250 | 324 | ||
Balance | 616 | 136 | 616 | 136 | |
Collectively Evaluated for Potential Impairment | (600) | (78) | (600) | (78) | (375) |
Individually Evaluated for Impairment | 16 | 214 | 16 | 214 | 145 |
Collectively Evaluated for Potential Impairment | 600 | 78 | 600 | 78 | 375 |
Balance | 579 | 36 | 520 | ||
Charge-offs | (3) | (14) | (196) | (200) | |
Acquired Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | 38 | 3 | 38 | 5 | |
Provision | (38) | 11 | 26 | 11 | |
Balance | |||||
Collectively Evaluated for Potential Impairment | (81) | (81) | |||
Individually Evaluated for Impairment | 81 | 81 | |||
Collectively Evaluated for Potential Impairment | 81 | 81 | |||
Balance | |||||
Charge-offs | (14) | (64) | (16) | ||
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | 1 | 1 | 1 | 2 | |
Provision | 144 | 10 | 379 | 189 | |
Balance | 613 | 11 | 613 | 11 | |
Collectively Evaluated for Potential Impairment | (613) | (122) | (613) | (122) | (251) |
Individually Evaluated for Impairment | 133 | 133 | 114 | ||
Collectively Evaluated for Potential Impairment | 613 | 122 | 613 | 122 | 251 |
Balance | 471 | 365 | |||
Charge-offs | (3) | (132) | (180) | ||
Acquired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | |||||
Recoveries | |||||
Provision | (5) | 115 | (11) | 115 | |
Balance | 109 | 115 | 109 | 115 | |
Collectively Evaluated for Potential Impairment | (93) | (115) | (93) | (115) | (89) |
Individually Evaluated for Impairment | 16 | 16 | 31 | ||
Collectively Evaluated for Potential Impairment | 93 | 115 | 93 | 115 | 89 |
Balance | 114 | 120 | |||
Charge-offs | |||||
Acquired Loans [Member] | Construction Portfolio Segment [Member] | Real Estate Sector [Member] | |||||
Recoveries | |||||
Provision | |||||
Balance | |||||
Collectively Evaluated for Potential Impairment | |||||
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | |||||
Balance | |||||
Charge-offs | |||||
Acquired Loans [Member] | Consumer Portfolio Segment [Member] | |||||
Recoveries | 1 | 1 | 3 | 5 | |
Provision | (1) | (1) | (3) | (1) | |
Balance | |||||
Collectively Evaluated for Potential Impairment | |||||
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | |||||
Balance | |||||
Charge-offs | (4) | ||||
Acquired Loans [Member] | Other Portfolio Segment [Member] | |||||
Recoveries | |||||
Provision | |||||
Balance | |||||
Collectively Evaluated for Potential Impairment | |||||
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | |||||
Balance | |||||
Charge-offs | |||||
Acquired Loans [Member] | Unallocated Financing Receivables [Member] | |||||
Recoveries | |||||
Provision | (100) | (26) | (141) | 10 | |
Balance | (106) | 10 | (106) | 10 | |
Collectively Evaluated for Potential Impairment | 106 | (10) | 106 | (10) | (35) |
Individually Evaluated for Impairment | |||||
Collectively Evaluated for Potential Impairment | (106) | 10 | (106) | 10 | $ 35 |
Balance | (6) | 36 | 35 | ||
Charge-offs |
Note 4 - Loans and Related Al45
Note 4 - Loans and Related Allowance for Loan Loss - Accretable Discount on Loans Acquired at Fair Value (Details) $ in Thousands | 6 Months Ended |
Jun. 30, 2017USD ($) | |
Balance | $ 1,640 |
Accretable Yield | (407) |
Nonaccretable Discount | (194) |
Balance | $ 1,039 |
Note 4 - Major Classifications
Note 4 - Major Classifications of Loans Summarized by Individually Evaluated for Impairment and Collectively Evaluated for Potential Losses (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Total Loans | $ 682,345 | $ 681,897 |
Individually Evaluated for Impairment | 9,817 | 9,701 |
Collectively Evaluated for Potential Impairment | 672,528 | 672,196 |
Loans and Leases Receivable, Gross | 682,345 | 681,897 |
Originated Loans [Member] | ||
Total Loans | 539,313 | 525,352 |
Individually Evaluated for Impairment | 6,952 | 6,832 |
Collectively Evaluated for Potential Impairment | 532,361 | 518,520 |
Loans and Leases Receivable, Gross | 539,313 | 525,352 |
Acquired Loans [Member] | ||
Total Loans | 143,032 | 156,545 |
Individually Evaluated for Impairment | 2,865 | 2,869 |
Collectively Evaluated for Potential Impairment | 140,167 | 153,676 |
Loans and Leases Receivable, Gross | 143,032 | 156,545 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Total Loans | 267,547 | 271,588 |
Individually Evaluated for Impairment | 1,380 | 1,300 |
Collectively Evaluated for Potential Impairment | 266,167 | 270,288 |
Loans and Leases Receivable, Gross | 267,547 | 271,588 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Total Loans | 189,189 | 186,077 |
Individually Evaluated for Impairment | 101 | |
Collectively Evaluated for Potential Impairment | 189,088 | 186,077 |
Loans and Leases Receivable, Gross | 189,189 | 186,077 |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Total Loans | 78,358 | 85,511 |
Individually Evaluated for Impairment | 1,279 | 1,300 |
Collectively Evaluated for Potential Impairment | 77,079 | 84,211 |
Loans and Leases Receivable, Gross | 78,358 | 85,511 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Total Loans | 196,280 | 201,010 |
Individually Evaluated for Impairment | 4,623 | 4,368 |
Collectively Evaluated for Potential Impairment | 191,657 | 196,642 |
Loans and Leases Receivable, Gross | 196,280 | 201,010 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Total Loans | 140,652 | 139,894 |
Individually Evaluated for Impairment | 3,455 | 3,361 |
Collectively Evaluated for Potential Impairment | 137,197 | 136,533 |
Loans and Leases Receivable, Gross | 140,652 | 139,894 |
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Total Loans | 55,628 | 61,116 |
Individually Evaluated for Impairment | 1,168 | 1,007 |
Collectively Evaluated for Potential Impairment | 54,460 | 60,109 |
Loans and Leases Receivable, Gross | 55,628 | 61,116 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | ||
Total Loans | 84,514 | 80,812 |
Individually Evaluated for Impairment | 3,187 | 3,327 |
Collectively Evaluated for Potential Impairment | 81,327 | 77,485 |
Loans and Leases Receivable, Gross | 84,514 | 80,812 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Originated Loans [Member] | ||
Total Loans | 75,665 | 71,091 |
Individually Evaluated for Impairment | 2,769 | 2,765 |
Collectively Evaluated for Potential Impairment | 72,896 | 68,326 |
Loans and Leases Receivable, Gross | 75,665 | 71,091 |
Commercial Portfolio Segment [Member] | Commercial and Industrial Sector [Member] | Acquired Loans [Member] | ||
Total Loans | 8,849 | 9,721 |
Individually Evaluated for Impairment | 418 | 562 |
Collectively Evaluated for Potential Impairment | 8,431 | 9,159 |
Loans and Leases Receivable, Gross | 8,849 | 9,721 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | ||
Total Loans | 20,186 | 10,646 |
Individually Evaluated for Impairment | 624 | 702 |
Collectively Evaluated for Potential Impairment | 19,562 | 9,944 |
Loans and Leases Receivable, Gross | 20,186 | 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Originated Loans [Member] | ||
Total Loans | 20,186 | 10,646 |
Individually Evaluated for Impairment | 624 | 702 |
Collectively Evaluated for Potential Impairment | 19,562 | 9,944 |
Loans and Leases Receivable, Gross | 20,186 | 10,646 |
Construction Portfolio Segment [Member] | Real Estate Sector [Member] | Acquired Loans [Member] | ||
Total Loans | ||
Individually Evaluated for Impairment | ||
Collectively Evaluated for Potential Impairment | ||
Loans and Leases Receivable, Gross | ||
Consumer Portfolio Segment [Member] | ||
Total Loans | 110,310 | 114,204 |
Individually Evaluated for Impairment | ||
Collectively Evaluated for Potential Impairment | 110,310 | 114,204 |
Loans and Leases Receivable, Gross | 110,310 | 114,204 |
Consumer Portfolio Segment [Member] | Originated Loans [Member] | ||
Total Loans | 110,113 | 114,007 |
Individually Evaluated for Impairment | ||
Collectively Evaluated for Potential Impairment | 110,113 | 114,007 |
Loans and Leases Receivable, Gross | 110,113 | 114,007 |
Consumer Portfolio Segment [Member] | Acquired Loans [Member] | ||
Total Loans | 197 | 197 |
Individually Evaluated for Impairment | ||
Collectively Evaluated for Potential Impairment | 197 | 197 |
Loans and Leases Receivable, Gross | 197 | 197 |
Other Portfolio Segment [Member] | ||
Total Loans | 3,508 | 3,637 |
Individually Evaluated for Impairment | 3 | 4 |
Collectively Evaluated for Potential Impairment | 3,505 | 3,633 |
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Originated Loans [Member] | ||
Total Loans | 3,508 | 3,637 |
Individually Evaluated for Impairment | 3 | 4 |
Collectively Evaluated for Potential Impairment | 3,505 | 3,633 |
Loans and Leases Receivable, Gross | 3,508 | 3,637 |
Other Portfolio Segment [Member] | Acquired Loans [Member] | ||
Total Loans | ||
Individually Evaluated for Impairment | ||
Collectively Evaluated for Potential Impairment | ||
Loans and Leases Receivable, Gross |
Note 5 - Deposits (Details Text
Note 5 - Deposits (Details Textual) - USD ($) $ in Millions | Jun. 30, 2017 | Dec. 31, 2016 |
Time Deposits, at or Above FDIC Insurance Limit | $ 45 | $ 46 |
Note 5 - Deposits - Maturities
Note 5 - Deposits - Maturities of Time Deposits (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
One Year or Less | $ 46,093 | |
Over One Through Two Years | 60,182 | |
Over Two Through Three Years | 20,309 | |
Over Three Through Four Years | 12,893 | |
Over Four Through Five Years | 9,156 | |
Over Five Years | 8,718 | |
Total | $ 157,351 | $ 155,028 |
Note 6 - Short-term Borrowing49
Note 6 - Short-term Borrowings - Federal Funds Purchased and Short-term Borrowings (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2017 | Dec. 31, 2016 | |
Balance at Period End | $ 25,450 | $ 27,027 |
Federal Funds Purchased [Member] | ||
Average Balance Outstanding During the Period | $ 17 | $ 307 |
Average Balance Outstanding During the Period | 0.65% | |
Maximum Amount Outstanding at any Month End | $ 550 | $ 6,000 |
Other Short-term Debt [Member] | ||
Balance at Period End | ||
Average Balance Outstanding During the Period | $ 596 | |
Average Balance Outstanding During the Period | 0.67% | |
Maximum Amount Outstanding at any Month End | $ 6,160 | |
Balance at Period End | ||
Securities Sold under Agreements to Repurchase [Member] | ||
Balance at Period End | 0.25% | 0.24% |
Average Balance Outstanding During the Period | $ 26,332 | $ 26,311 |
Average Balance Outstanding During the Period | 0.30% | 0.26% |
Maximum Amount Outstanding at any Month End | $ 26,460 | $ 30,095 |
Balance at Period End | 25,450 | 27,027 |
Carrying Value | 32,499 | 33,785 |
Market Value | $ 31,834 | $ 32,931 |
Note 7 - Other Borrowed Funds50
Note 7 - Other Borrowed Funds (Details Textual) - USD ($) | 6 Months Ended | |
Jun. 30, 2017 | Dec. 31, 2016 | |
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available | $ 285,000,000 | |
Federal Home Loan Bank, Advances, General Debt Obligations, Amount of Available, Unused Funds | 143,100,000 | $ 148,500,000 |
Line of Credit Facility, Maximum Borrowing Capacity | 3,700,000 | 3,700,000 |
Federal Reserve Bank [Member] | ||
Line of Credit Facility, Maximum Borrowing Capacity | 87,900,000 | |
Line of Credit Facility, Commitment Fee Amount | 0 | |
Long-term Line of Credit | 0 | $ 0 |
Various Banks [Member] | ||
Line of Credit Facility, Maximum Borrowing Capacity | $ 40,000,000 |
Note 7 - Other Borrowed Funds -
Note 7 - Other Borrowed Funds - Federal Home Loan Bank Advances (Details) - USD ($) $ in Millions | Jun. 30, 2017 | Dec. 31, 2016 |
Due in One Year | 1.35% | |
Due in One Year, amount | $ 3.5 | |
Due After One Year to Two Years, amount | $ 4 | $ 3.5 |
Due After One Year to Two Years | 1.67% | 0.94% |
Due After Two Years to Three Years, amount | $ 6 | $ 4.5 |
Due After Two Years to Three Years | 1.88% | 1.41% |
Due After Three Years to Four Years, amount | $ 5 | $ 6 |
Due After Three Years to Four Years | 2.09% | 1.78% |
Due After Four Years to Five Years, amount | $ 3 | $ 6 |
Due After Four Years to Five Years | 2.23% | 1.97% |
Due After Five Years, amount | $ 3 | $ 8 |
Due After Five Years | 2.41% | 2.27% |
Total | $ 24.5 | $ 28 |
Weighted Average [Member] | ||
Total | 1.92% | 1.80% |
Note 8 - Commitments and Cont52
Note 8 - Commitments and Contingent Liabilities - Unused and Available Credit Balances of Financial Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Financial instruments | $ 169,939 | $ 138,523 |
Financial Standby Letter of Credit [Member] | ||
Financial instruments | 41,147 | 36,657 |
Performance Guarantee [Member] | ||
Financial instruments | 4,396 | 2,471 |
Construction Mortgages [Member] | ||
Financial instruments | 32,485 | 21,363 |
Personal Line Of Credit [Member] | ||
Financial instruments | 6,139 | 5,905 |
Overdraft Protection Lines [Member] | ||
Financial instruments | 6,183 | 5,680 |
Home Equity Lines of Credit [Member] | ||
Financial instruments | 15,286 | 14,722 |
Commercial Lines Of Credit [Member] | ||
Financial instruments | $ 64,303 | $ 51,725 |
Note 9 - Fair Value Disclosur53
Note 9 - Fair Value Disclosure (Details Textual) | 6 Months Ended | ||
Jun. 30, 2017USD ($) | Jun. 30, 2016USD ($) | Dec. 31, 2016USD ($) | |
Line of Credit Facility, Maximum Borrowing Capacity | $ 3,700,000 | $ 3,700,000 | |
Real Estate Owned, Transfer to Real Estate Owned | 155,000 | $ 3,236,000 | |
Impaired Financing Receivable, Related Allowance | 1,256,000 | 1,160,000 | |
Residential Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Real Estate Owned, Transfer to Real Estate Owned | 155,000 | ||
Impaired Financing Receivable, Related Allowance | |||
Number of Loans Transferred to Other Real Estate Owned | 1 | ||
Commercial Portfolio Segment [Member] | Real Estate Sector [Member] | |||
Real Estate Owned, Transfer to Real Estate Owned | $ 3,200,000 | ||
Impaired Financing Receivable, Related Allowance | $ 425,000 | $ 474,000 | |
Number of Loans Transferred to Other Real Estate Owned | 2 | ||
Other Real Estate, Valuation Adjustments | $ 566,000 |
Note 9 - Fair Value Disclosur54
Note 9 - Fair Value Disclosure - Assets and Liabilities Reported Fair Value (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Available for sale securities | $ 116,545 | $ 106,208 |
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member] | ||
Available for sale securities | 65,286 | 66,156 |
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member] | ||
Available for sale securities | 36,727 | 35,735 |
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Available for sale securities | 12,883 | 2,619 |
Fair Value, Inputs, Level 1 [Member] | Equity Securities - Mutual Funds [Member] | ||
Available for sale securities | 507 | 507 |
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member] | ||
Available for sale securities | $ 1,142 | $ 1,191 |
Note 9 - Fair Value Disclosur55
Note 9 - Fair Value Disclosure - Significant Unobservable Inputs Used in the Fair Value Measurements (Details) - USD ($) $ in Thousands | 6 Months Ended | ||
Jun. 30, 2017 | Dec. 31, 2016 | ||
Impaired Loans | $ 9,817 | $ 9,701 | |
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member] | Market Approach Valuation Technique [Member] | |||
Impaired Loans | $ 2,455 | 2,497 | |
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member] | Market Approach Valuation Technique [Member] | Minimum [Member] | |||
Significant Unobservable Input Value | 10.00% | ||
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member] | Market Approach Valuation Technique [Member] | Maximum [Member] | |||
Significant Unobservable Input Value | [1] | 30.00% | |
Fair Value, Inputs, Level 3 [Member] | OREO [Member] | Market Approach Valuation Technique [Member] | |||
OREO | $ 155 | ||
Fair Value, Inputs, Level 3 [Member] | OREO [Member] | Market Approach Valuation Technique [Member] | Minimum [Member] | |||
Significant Unobservable Input Value | 10.00% | ||
Fair Value, Inputs, Level 3 [Member] | OREO [Member] | Market Approach Valuation Technique [Member] | Maximum [Member] | |||
Significant Unobservable Input Value | [1] | 50.00% | |
[1] | Range includes discounts taken since appraisal and estimated values. |
Note 9 - Fair Value Disclosur56
Note 9 - Fair Value Disclosure - Estimated Fair Value of the Company's Financial Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Available for Sale | $ 116,545 | $ 106,208 |
Reported Value Measurement [Member] | ||
Available for Sale | 116,545 | 106,208 |
Estimate of Fair Value Measurement [Member] | ||
Available for Sale | 116,545 | 106,208 |
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member] | ||
Interest Bearing | 17,464 | 7,699 |
Non-Interest Bearing | 11,209 | 6,583 |
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member] | ||
Interest Bearing | 17,464 | 7,699 |
Non-Interest Bearing | 11,209 | 6,583 |
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member] | ||
Loans, Net | 674,262 | 674,094 |
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member] | ||
Loans, Net | 685,730 | 684,777 |
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | ||
Restricted Stock | 3,628 | 3,665 |
Bank-Owned Life Insurance | 18,919 | 18,687 |
Accrued Interest Receivable | 2,350 | 2,441 |
Deposits | 727,059 | 698,218 |
Short-term Borrowings | 25,450 | 27,027 |
Other Borrowed Funds | 24,500 | 28,000 |
Accrued Interest Payable | 338 | 334 |
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | ||
Restricted Stock | 3,628 | 3,665 |
Bank-Owned Life Insurance | 18,919 | 18,687 |
Accrued Interest Receivable | 2,350 | 2,441 |
Deposits | 706,817 | 697,806 |
Short-term Borrowings | 25,450 | 27,027 |
Other Borrowed Funds | 24,644 | 28,098 |
Accrued Interest Payable | $ 338 | $ 334 |
Note 10 - Other Noninterest E57
Note 10 - Other Noninterest Expense - Components of Other Noninterest Expense (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Other Noninterest Expense | ||||
Non-employee compensation | $ 100 | $ 134 | $ 200 | $ 267 |
Printing and supplies | 100 | 134 | 202 | 208 |
Postage | 64 | 44 | 130 | 103 |
Telephone | 99 | 97 | 188 | 181 |
Charitable contributions | 56 | 41 | 80 | 69 |
Dues and subscriptions | 55 | 46 | 118 | 93 |
Loan expenses | 86 | 73 | 160 | 143 |
Meals and entertainment | 43 | 34 | 68 | 58 |
Travel | 43 | 40 | 69 | 70 |
Training | 9 | 6 | 20 | 18 |
Miscellaneous | 174 | 242 | 404 | 462 |
Total Other Noninterest Expense | $ 829 | $ 891 | $ 1,639 | $ 1,672 |