Penns Woods Bancorp (PWOD) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 01, 2016
Document and Entity Information
Entity Registrant Name	PENNS WOODS BANCORP INC
Entity Central Index Key	716,605
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		4,733,252
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEET (UNA

CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS:
Noninterest-bearing balances	$ 22,371	$ 22,044
Interest-bearing balances in other financial institutions	24,754	752
Total cash and cash equivalents	47,125	22,796
Investment securities, available for sale, at fair value	153,709	176,157
Investment securities, trading	60	73
Loans held for sale	514	757
Loans	1,041,252	1,045,207
Allowance for loan losses	(12,382)	(12,044)
Loans, net	1,028,870	1,033,163
Premises and equipment, net	22,158	21,830
Accrued interest receivable	3,878	3,686
Bank-owned life insurance	26,867	26,667
Investment in limited partnerships	746	899
Goodwill	17,104	17,104
Intangibles	2,078	1,240
Deferred tax asset	8,426	8,990
Other assets	6,602	6,695
TOTAL ASSETS	1,318,137	1,320,057
LIABILITIES:
Interest-bearing deposits	790,219	751,797
Noninterest-bearing deposits	269,362	280,083
Total deposits	1,059,581	1,031,880
Short-term borrowings	15,874	46,638
Long-term borrowings	91,025	91,025
Accrued interest payable	439	426
Other liabilities	13,555	13,809
TOTAL LIABILITIES	1,180,474	1,183,778
SHAREHOLDERS’ EQUITY:
Preferred stock, no par value, 3,000,000 shares authorized; no shares issued	0	0
Common stock, par value $8.33, 15,000,000 shares authorized; 5,005,534 and 5,004,984 shares issued	41,713	41,708
Additional paid-in capital	50,004	49,992
Retained earnings	58,888	58,038
Accumulated other comprehensive loss:
Net unrealized gain on available for sale securities	1,324	258
Defined benefit plan	(4,032)	(4,057)
Treasury stock at cost, 272,452 and 257,852 shares	(10,234)	(9,660)
TOTAL SHAREHOLDERS’ EQUITY	137,663	136,279
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,318,137	$ 1,320,057

CONSOLIDATED BALANCE SHEET (UN3

CONSOLIDATED BALANCE SHEET (UNAUDITED) (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 8.33	$ 8.33
Common stock, shares authorized (in shares)	15,000,000	15,000,000
Common stock, shares issued (in shares)	5,005,534	5,004,984
Treasury stock (in shares)	272,452	257,852

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
INTEREST AND DIVIDEND INCOME:
Loans, including fees	$ 10,355	$ 9,323
Investment securities:
Taxable	622	1,014
Tax-exempt	475	767
Dividend and other interest income	274	293
TOTAL INTEREST AND DIVIDEND INCOME	11,726	11,397
INTEREST EXPENSE:
Deposits	834	743
Short-term borrowings	26	19
Long-term borrowings	492	524
TOTAL INTEREST EXPENSE	1,352	1,286
NET INTEREST INCOME	10,374	10,111
PROVISION FOR LOAN LOSSES	350	700
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	10,024	9,411
NON-INTEREST INCOME:
Service charges	532	553
Net securities gains, available for sale	435	661
Net securities gains, trading	40	0
Bank-owned life insurance	184	188
Gain on sale of loans	467	299
Insurance commissions	206	234
Brokerage commissions	255	245
Other	878	1,080
TOTAL NON-INTEREST INCOME	2,997	3,260
NON-INTEREST EXPENSE:
Salaries and employee benefits	4,580	4,470
Occupancy	541	628
Furniture and equipment	701	595
Pennsylvania shares tax	258	224
Amortization of investment in limited partnerships	152	165
Federal Deposit Insurance Corporation deposit insurance	232	215
Marketing	210	129
Intangible amortization	87	82
Other	2,300	1,960
TOTAL NON-INTEREST EXPENSE	9,061	8,468
INCOME BEFORE INCOME TAX PROVISION	3,960	4,203
INCOME TAX PROVISION	882	848
NET INCOME	$ 3,078	$ 3,355
EARNINGS PER SHARE - BASIC AND DILUTED (in dollars per share)	$ 0.65	$ 0.70
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED (in shares)	4,740,503	4,801,505
DIVIDENDS DECLARED PER SHARE (in dollars per share)	$ 0.47	$ 0.47

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net Income	$ 3,078	$ 3,355
Other comprehensive income:
Change in unrealized gain on available for sale securities	2,050	1,208
Tax effect	(697)	(411)
Net realized gain included in net income	(435)	(661)
Tax effect	148	225
Amortization of unrecognized pension and post-retirement items	39	0
Tax effect	(14)	0
Total other comprehensive income	1,091	361
Comprehensive income	$ 4,169	$ 3,716

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	COMMON STOCK	ADDITIONAL PAID-IN CAPITAL	RETAINED EARNINGS	ACCUMULATED OTHER COMPREHENSIVE LOSS	TREASURY STOCK
Beginning Balance (in shares) at Dec. 31, 2014		5,002,649
Beginning Balance at Dec. 31, 2014	$ 135,967	$ 41,688	$ 49,896	$ 53,107	$ (1,667)	$ (7,057)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,355			3,355
Other comprehensive income	361				361
Dividends declared	(2,257)			(2,257)
Common shares issued for employee stock purchase plan (in shares)		520
Common shares issued for employee stock purchase plan	23	$ 5	18
Purchases of treasury stock	(445)					(445)
Ending Balance (in shares) at Mar. 31, 2015		5,003,169
Ending Balance at Mar. 31, 2015	137,004	$ 41,693	49,914	54,205	(1,306)	(7,502)
Beginning Balance (in shares) at Dec. 31, 2015		5,004,984
Beginning Balance at Dec. 31, 2015	136,279	$ 41,708	49,992	58,038	(3,799)	(9,660)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,078			3,078
Other comprehensive income	1,091				1,091
Dividends declared	(2,228)			(2,228)
Common shares issued for employee stock purchase plan (in shares)		550
Common shares issued for employee stock purchase plan	17	$ 5	12
Purchases of treasury stock	(574)					(574)
Ending Balance (in shares) at Mar. 31, 2016		5,005,534
Ending Balance at Mar. 31, 2016	$ 137,663	$ 41,713	$ 50,004	$ 58,888	$ (2,708)	$ (10,234)

CONSOLIDATED STATEMENT OF CHAN7

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Stockholders' Equity [Abstract]
Dividends declared, per share (in dollars per share)	$ 0.47	$ 0.47
Purchase of treasury stock (in shares)	14,600	9,610

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
OPERATING ACTIVITIES:
Net Income	$ 3,078	$ 3,355
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	863	826
Amortization of intangible assets	87	82
Provision for loan losses	350	700
Accretion and amortization of investment security discounts and premiums	228	208
Net securities gains, available for sale	(435)	(661)
Originations of loans held for sale	(12,617)	(9,424)
Proceeds of loans held for sale	13,327	9,210
Gain on sale of loans	(467)	(299)
Net securities gains, trading	(40)	0
Proceeds from the sale of trading securities	2,930	0
Purchases of trading securities	(2,877)	0
Earnings on bank-owned life insurance	(184)	(188)
Decrease in deferred tax asset	15	114
Other, net	(1,516)	(2,193)
Net cash provided by operating activities	2,742	1,730
INVESTING ACTIVITIES:
Proceeds from sales of available for sale securities	19,839	15,807
Proceeds from calls and maturities of available for sale securities	6,535	5,204
Purchases of available for sale securities	(3,270)	(9,217)
Net decrease (increase) in loans	3,918	(28,751)
Acquisition of premises and equipment	(732)	(128)
Proceeds from the sale of foreclosed assets	6	476
Purchase of bank-owned life insurance	(27)	(27)
Proceeds from redemption of regulatory stock	2,155	2,265
Purchases of regulatory stock	(989)	(2,693)
Net cash provided by (used for) investing activities	27,435	(17,064)
FINANCING ACTIVITIES:
Net increase in interest-bearing deposits	38,422	12,217
Net decrease (increase) in noninterest-bearing deposits	(10,721)	2,853
Proceeds from long-term borrowings	0	15,000
Net decrease in short-term borrowings	(30,764)	(10,193)
Dividends paid	(2,228)	(2,257)
Issuance of common stock	17	23
Purchases of treasury stock	(574)	(445)
Net cash (used for) provided by provided by financing activities	(5,848)	17,198
NET INCREASE IN CASH AND CASH EQUIVALENTS	24,329	1,864
CASH AND CASH EQUIVALENTS, BEGINNING	22,796	19,908
CASH AND CASH EQUIVALENTS, ENDING	47,125	21,772
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid	1,339	1,228
Income taxes paid	950	800
Transfer of loans to foreclosed real estate	$ 25	$ 7

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements include the accounts of Penns Woods Bancorp, Inc. (the “Company”) and its wholly-owned subsidiaries: Woods Investment Company, Inc., Woods Real Estate Development Company, Inc., Luzerne Bank, and Jersey Shore State Bank (Jersey Shore State Bank and Luzerne Bank are referred to together as the “Banks”) and Jersey Shore State Bank’s wholly-owned subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group (“The M Group”). All significant inter-company balances and transactions have been eliminated in the consolidation. The interim financial statements are unaudited, but in the opinion of management reflect all adjustments necessary for the fair presentation of results for such periods. The results of operations for any interim period are not necessarily indicative of results for the full year. These financial statements should be read in conjunction with the financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 . The accounting policies followed in the presentation of interim financial results are the same as those followed on an annual basis. These policies are presented on pages 40 through 48 of the Form 10-K for the year ended December 31, 2015 . In reference to the attached financial statements, all adjustments are of a normal recurring nature pursuant to Rule 10-01(b) (8) of Regulation S-X.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss by component as of March 31, 2016 and 2015 were as follows: Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 (In Thousands) Net Unrealized Gain on Available for Sale Securities Defined Benefit Plan Total Net Unrealized Gain on Available for Sale Securities Defined Benefit Plan Total Beginning balance $ 258 $ (4,057 ) $ (3,799 ) $ 2,930 $ (4,597 ) $ (1,667 ) Other comprehensive income before reclassifications 1,353 — 1,353 797 — 797 Amounts reclassified from accumulated other comprehensive loss (287 ) 25 (262 ) (436 ) — (436 ) Net current-period other comprehensive income 1,066 25 1,091 361 — 361 Ending balance $ 1,324 $ (4,032 ) $ (2,708 ) $ 3,291 $ (4,597 ) $ (1,306 ) The reclassifications out of accumulated other comprehensive loss as of March 31, 2016 and 2015 were as follows: Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive Loss Affected Line Item in the Consolidated Statement of Income Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 Net unrealized gain on available for sale securities $ 435 $ 661 Net securities gains, available for sale Income tax effect (148 ) (225 ) Income tax provision Total reclassifications for the period $ 287 $ 436 Net of tax Net unrecognized pension costs $ (39 ) $ — Salaries and employee benefits Income tax effect 14 — Income tax provision Total reclassifications for the period $ (25 ) $ — Net of tax

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (a new revenue recognition standard). The updates core principle is that a company will recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, this update specifies the accounting for certain costs to obtain or fulfill a contract with a customer and expands disclosure requirements for revenue recognition. This update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operation. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40) . The amendments in this update provide guidance in accounting principles generally accepted in the United States of America about management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. The amendments in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. This update is not expected to have a significant impact on the Company’s financial statements. In May 2015, the FASB issued ASU 2015-08 , Business Combinations - Pushdown Accounting - Amendment to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115 . This ASU was issued to amend various SEC paragraphs pursuant to the issuance of Staff Accounting Bulletin No. 115. This update is not expected to have a significant impact on the Company’s financial statements. In August 2015, the FASB issued ASU 2015-14, Revenue from Contract with Customers (Topic 606) . The amendments in this update defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company is evaluating the effect of adopting this new accounting update. In August 2015, the FASB issued ASU 2015-15, Interest-Imputation of Interest (Subtopic 835-30) Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting . This ASU adds SEC paragraphs pursuant to the SEC Staff Announcement at the June 18, 2015 Emerging Issues Task Force meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. This update is not expected to have a significant impact on the Company’s financial statements. In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes . The amendments in this update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this update apply to all entities that present a classified statement of financial position. For public business entities, the amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this update may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. This update is not expected to have a significant impact on the Company’s financial statements. In January 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. This update applies to all entities that hold financial assets or owe financial liabilities and is intended to provide more useful information on the recognition, measurement, presentation, and disclosure of financial instruments. Among other things, this update (a) requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; (b) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; (c) eliminates the requirement to disclose the fair value of financial instruments measured at amortized cost for entities that are not public business entities; (d) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; (e) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; (f) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; (g) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (that is, securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; and (h) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. For all other entities including not-for-profit entities and employee benefit plans within the scope of Topics 960 through 965 on plan accounting, the amendments in this update are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. All entities that are not public business entities may adopt the amendments in this update earlier as of the fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or results of operations. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The standard requires lessees to recognize the assets and liabilities that arise from leases on the balance sheet. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. A short-term lease is defined as one in which: (a) the lease term is 12 months or less, and (b) there is not an option to purchase the underlying asset that the lessee is reasonably certain to exercise. For short-term leases, lessees may elect to recognize lease payments over the lease term on a straight-line basis. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2018, and interim periods within those years. For all other entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2019, and for interim periods within fiscal years beginning after December 15, 2020. The amendments should be applied at the beginning of the earliest period presented using a modified retrospective approach with earlier application permitted as of the beginning of an interim or annual reporting period. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or results of operations. In March 2016, the FASB issued ASU 2016-04, Liabilities - Extinguishments of Liabilities (Subtopic 405-20). The standard provides that liabilities related to the sale of prepaid stored-value products within the scope of this Update are financial liabilities. The amendments in the Update provide a narrow scope exception to the guidance in Subtopic 405-20 to require that breakage for those liabilities be accounted for consistent with the breakage guidance in Topic 606. The amendments in this update are effective for public business entities, certain not-for-profit entities, and certain employee benefit plans for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. For all other entities, the amendments are effective for financial statements issued for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Earlier application is permitted, including adoption in an interim period. This update is not expected to have a significant impact on the Company’s financial statements. In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815) . The amendments in this update apply to all reporting entities for which there is a change in the counterparty to a derivative instrument that has been designated as a heading instrument under Topic 815 . The standards in this update clarify that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument under Topic 815 does not, in and of itself, require designation of that hedging relationship provided that all other hedge accounting criteria continue to be met. For public business entities, the amendments in this update are effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. For all other entities, the amendments in this update are effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within fiscal years beginning after December 15, 2018. An entity has an option to apply the amendments in this update on e ither a prospective basis or a modified retrospective basis. Early adoption is permitted, including adoption in an interim period. This update is not expected to have a significant impact on the Company’s financial statements.

Per Share Data

Per Share Data	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Per Share Data	Per Share Data There are no convertible securities which would affect the denominator in calculating basic and dilutive earnings per share. There are 32,500 stock options outstanding, however, since the strike price of $42.03 is greater than the market price the options are not included in the denominator when calculating basic and dilutive earnings per share. Net income as presented on the consolidated statement of income will be used as the numerator. The following table sets forth the composition of the weighted average common shares (denominator) used in the basic and dilutive earnings per share computation. Three Months Ended March 31, 2016 2015 Weighted average common shares issued 5,005,160 5,002,832 Average treasury stock shares (264,657 ) (201,327 ) Weighted average common shares and common stock equivalents used to calculate basic and diluted earnings per share 4,740,503 4,801,505

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities The amortized cost and fair values of investment securities available for sale at March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Available for sale (AFS) U.S. Government and agency securities $ 3,474 $ 4 $ (2 ) $ 3,476 Mortgage-backed securities 9,465 337 (51 ) 9,751 Asset-backed securities 1,826 — (33 ) 1,793 State and political securities 68,533 2,044 (2 ) 70,575 Other debt securities 57,080 452 (1,317 ) 56,215 Total debt securities 140,378 2,837 (1,405 ) 141,810 Financial institution equity securities 8,924 834 (23 ) 9,735 Other equity securities 2,401 15 (252 ) 2,164 Total equity securities 11,325 849 (275 ) 11,899 Total investment securities AFS $ 151,703 $ 3,686 $ (1,680 ) $ 153,709 December 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Available for sale (AFS) U.S. Government and agency securities $ 3,586 $ — $ (37 ) $ 3,549 Mortgage-backed securities 9,785 284 (60 ) 10,009 Asset-backed securities 1,960 — (20 ) 1,940 State and political securities 84,992 1,797 (234 ) 86,555 Other debt securities 59,832 185 (2,245 ) 57,772 Total debt securities 160,155 2,266 (2,596 ) 159,825 Financial institution equity securities 10,397 1,100 (14 ) 11,483 Other equity securities 5,214 70 (435 ) 4,849 Total equity securities 15,611 1,170 (449 ) 16,332 Total investment securities AFS $ 175,766 $ 3,436 $ (3,045 ) $ 176,157 The amortized cost and fair values of trading investment securities at March 31, 2016 and December 31, 2015 are as follows. March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Trading Financial institution equity securities $ 60 $ — $ — $ 60 Total equity securities 60 — — 60 Total trading securities $ 60 $ — $ — $ 60 December 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Trading Financial institution equity securities $ 78 $ — $ (5 ) $ 73 Total equity securities 78 — (5 ) 73 Total trading securities $ 78 $ — $ (5 ) $ 73 Total net realized trading gains of $40,000 for the three months ended March 31, 2016 were included in the Consolidated Statement of Income. There were no net realized trading gains for the corresponding period of 2015. 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 March 31, 2016 and December 31, 2015 . March 31, 2016 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ — $ — $ 1,378 $ (2 ) $ 1,378 $ (2 ) Mortgage-backed securities 667 (2 ) 3,723 (49 ) 4,390 (51 ) Asset-backed securities 1,533 (29 ) 260 (4 ) 1,793 (33 ) State and political securities 1,396 (2 ) — — 1,396 (2 ) Other debt securities 7,419 (158 ) 22,030 (1,159 ) 29,449 (1,317 ) Total debt securities 11,015 (191 ) 27,391 (1,214 ) 38,406 (1,405 ) Financial institution equity securities 146 (4 ) 48 (19 ) 194 (23 ) Other equity securities 295 (113 ) 1,019 (139 ) 1,314 (252 ) Total equity securities 441 (117 ) 1,067 (158 ) 1,508 (275 ) Total investment securities AFS $ 11,456 $ (308 ) $ 28,458 $ (1,372 ) $ 39,914 $ (1,680 ) December 31, 2015 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ — $ — $ 3,549 $ (37 ) $ 3,549 $ (37 ) Mortgage-backed securities 6,081 (60 ) — — 6,081 (60 ) Asset-backed securities 1,626 (16 ) 314 (4 ) 1,940 (20 ) State and political securities 7,345 (47 ) 1,656 (187 ) 9,001 (234 ) Other debt securities 24,381 (530 ) 22,547 (1,715 ) 46,928 (2,245 ) Total debt securities 39,433 (653 ) 28,066 (1,943 ) 67,499 (2,596 ) Financial institution equity securities — — 53 (14 ) 53 (14 ) Other equity securities 2,363 (277 ) 1,001 (158 ) 3,364 (435 ) Total equity securities 2,363 (277 ) 1,054 (172 ) 3,417 (449 ) Total investment securities AFS $ 41,796 $ (930 ) $ 29,120 $ (2,115 ) $ 70,916 $ (3,045 ) At March 31, 2016 there were a total of 13 securities in a continuous unrealized loss position for less than twelve months and 20 individual securities that were in a continuous unrealized loss position for twelve months or greater. The Company reviews its position quarterly and has determined that, at March 31, 2016 , the declines outlined in the above table represent temporary declines and the Company does not intend to sell and does not believe it will be required to sell these securities before recovery of their cost basis, which may be at maturity. The Company has concluded that the unrealized losses disclosed above are not other than temporary but are the result of interest rate changes, sector credit ratings changes, or company-specific ratings changes that are not expected to result in the non-collection of principal and interest during the period. The amortized cost and fair value of debt securities at March 31, 2016 , by contractual maturity, are shown below. Expected maturities may differ from contractual maturities since borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value Due in one year or less $ 1,806 $ 1,812 Due after one year to five years 31,032 31,106 Due after five years to ten years 79,232 79,456 Due after ten years 28,308 29,436 Total $ 140,378 $ 141,810 Total gross proceeds from sales of securities available for sale were $19,839,000 and $15,807,000 for the three months ended March 31, 2016 and 2015 , respectively. The following table represents gross realized gains and losses within the available for sale portfolio: Three Months Ended March 31, (In Thousands) 2016 2015 Gross realized gains: State and political securities 299 396 Other debt securities 32 74 Financial institution equity securities 82 155 Other equity securities 144 132 Total gross realized gains $ 557 $ 757 Gross realized losses: U.S. Government and agency securities $ — $ — State and political securities — 22 Other debt securities 81 32 Other equity securities 41 42 Total gross realized losses $ 122 $ 96 The following table represents gross realized gains and losses within the trading portfolios: Three Months Ended March 31, (In Thousands) 2016 2015 Gross realized gains: Financial institution equity securities $ 6 $ — Other equity securities 59 — Total gross realized gains $ 65 $ — Gross realized losses: Financial institution equity securities $ 13 $ — Other equity securities 12 — Total gross realized losses $ 25 $ — There were no impairment charges included in gross realized losses for the three months ended March 31, 2016 and 2015 , respectively. Investment securities with a carrying value of approximately $123,691,000 and $131,089,000 at March 31, 2016 and December 31, 2015 , respectively, were pledged to secure certain deposits, repurchase agreements, and for other purposes as required by law.

Loans

Loans	3 Months Ended
	Mar. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Loans	Loans Management segments the Banks' loan portfolio to a level that enables risk and performance monitoring according to similar risk characteristics. Loans are segmented based on the underlying collateral characteristics. Categories include commercial, financial, and agricultural, real estate, and installment loans to individuals. Real estate loans are further segmented into three categories: residential, commercial, and construction. The following table presents the related aging categories of loans, by segment, as of March 31, 2016 and December 31, 2015 : March 31, 2016 Past Due Past Due 90 30 To 89 Days Or More Non- (In Thousands) Current Days & Still Accruing Accrual Total Commercial, financial, and agricultural $ 152,282 $ 317 $ — $ 292 $ 152,891 Real estate mortgage: Residential 523,897 5,761 308 1,458 531,424 Commercial 296,145 802 — 9,312 306,259 Construction 25,111 — — 278 25,389 Installment loans to individuals 26,290 412 — — 26,702 1,023,725 $ 7,292 $ 308 $ 11,340 1,042,665 Net deferred loan fees and discounts (1,413 ) (1,413 ) Allowance for loan losses (12,382 ) (12,382 ) Loans, net $ 1,009,930 $ 1,028,870 December 31, 2015 Past Due Past Due 90 30 To 89 Days Or More Non- (In Thousands) Current Days & Still Accruing Accrual Total Commercial, financial, and agricultural $ 162,312 $ 164 $ — $ 1,596 $ 164,072 Real estate mortgage: Residential 517,753 6,827 714 889 526,183 Commercial 295,784 720 265 5,770 302,539 Construction 26,545 67 — 212 26,824 Installment loans to individuals 26,572 429 — — 27,001 1,028,966 $ 8,207 $ 979 $ 8,467 1,046,619 Net deferred loan fees and discounts (1,412 ) (1,412 ) Allowance for loan losses (12,044 ) (12,044 ) Loans, net $ 1,015,510 $ 1,033,163 Purchased loans acquired are recorded at fair value on their purchase date without a carryover of the related allowance for loan losses. Upon the acquisition of Luzerne Bank on June 1, 2013, the Company evaluated whether each acquired loan (regardless of size) was within the scope of ASC 310-30, Receivables-Loans and Debt Securities Acquired with Deteriorated Credit Quality . Purchased credit-impaired loans are loans that have evidence of credit deterioration since origination and it is probable at the date of acquisition that the Company will not collect all contractually required principal and interest payments. There were no material increases or decreases in the expected cash flows of these loans between June 1, 2013 (the “acquisition date”) and March 31, 2016 . The fair value of purchased credit-impaired loans, on the acquisition date, was determined, primarily based on the fair value of loan collateral. The carrying value of purchased loans acquired with deteriorated credit quality was $337,000 at March 31, 2016 . On the acquisition date, the preliminary estimate of the unpaid principal balance for all loans evidencing credit impairment acquired in the Luzerne Bank acquisition was $1,211,000 and the estimated fair value of the loans was $878,000 . Total contractually required payments on these loans, including interest, at the acquisition date was $1,783,000 . However, the Company’s preliminary estimate of expected cash flows was $941,000 . At such date, the Company established a credit risk related non-accretable discount (a discount representing amounts which are not expected to be collected from either the customer or liquidation of collateral) of $842,000 relating to these impaired loans, reflected in the recorded net fair value. Such amount is reflected as a non-accretable fair value adjustment to loans. The Company further estimated the timing and amount of expected cash flows in excess of the estimated fair value and established an accretable discount of $63,000 on the acquisition date relating to these impaired loans. The following table presents additional information regarding loans acquired in the Luzerne Bank transaction with specific evidence of deterioration in credit quality: (In Thousands) March 31, 2016 December 31, 2015 Outstanding balance $ 437 $ 441 Carrying amount 337 341 There were no material increases or decreases in the expected cash flows of these loans between June 1, 2013 (the “acquisition date”) and March 31, 2016 . There has been no allowance for loan losses recorded for acquired loans with specific evidence of deterioration in credit quality as of March 31, 2016 . The following table presents interest income the Banks would have recorded if interest had been recorded based on the original loan agreement terms and rate of interest for non-accrual loans and interest income recognized on a cash basis for non-accrual loans for the three months ended March 31, 2016 and 2015 : Three Months Ended March 31, 2016 2015 (In Thousands) Interest Income That Would Have Been Recorded Based on Original Term and Rate Interest Income Recorded on a Cash Basis Interest Income That Would Have Been Recorded Based on Original Term and Rate Interest Income Recorded on a Cash Basis Commercial, financial, and agricultural $ 4 $ 1 $ 12 $ 8 Real estate mortgage: Residential 32 14 5 9 Commercial 169 64 105 25 Construction 6 — 15 7 $ 211 $ 79 $ 137 $ 49 Impaired Loans Impaired loans are loans for which it is probable the Banks will not be able to collect all amounts due according to the contractual terms of the loan agreement. The Banks evaluate such loans for impairment individually and does not aggregate loans by major risk classifications. The definition of “impaired loans” is not the same as the definition of “non-accrual loans,” although the two categories overlap. The Banks may choose to place a loan on non-accrual status due to payment delinquency or uncertain collectability, while not classifying the loan as impaired. Factors considered by management in determining impairment include payment status and collateral value. The amount of impairment for these types of loans is determined by the difference between the present value of the expected cash flows related to the loan, using the original interest rate, and its recorded value, or as a practical expedient in the case of collateralized loans, the difference between the fair value of the collateral and the recorded amount of the loan. When foreclosure is probable, impairment is measured based on the fair value of the collateral. Management evaluates individual loans in all of the commercial segments for possible impairment if the loan is greater than $100,000 and if the loan is either on non-accrual status or has a risk rating of substandard. Management may also elect to measure an individual loan for impairment if less than $100,000 on a case-by-case basis. Mortgage loans on one-to-four family properties and all consumer loans are large groups of smaller-balance homogeneous loans and are measured for impairment collectively. Loans that experience insignificant payment delays, which are defined as 90 days or less, generally are not classified as impaired. Management determines the significance of payment delays on a case-by-case basis taking into consideration all circumstances surrounding the loan and the borrower including the length of the delay, the borrower’s prior payment record, and the amount of shortfall in relation to the principal and interest owed. Interest income for impaired loans is recorded consistent with the Banks' policy on non-accrual loans. The following table presents the recorded investment, unpaid principal balance, and related allowance of impaired loans by segment as of March 31, 2016 and December 31, 2015 : March 31, 2016 Recorded Unpaid Principal Related (In Thousands) Investment Balance Allowance With no related allowance recorded: Commercial, financial, and agricultural $ 304 $ 304 $ — Real estate mortgage: Residential 1,598 1,598 — Commercial 2,595 2,645 — Construction 279 279 — 4,776 4,826 — With an allowance recorded: Commercial, financial, and agricultural 291 291 219 Real estate mortgage: Residential 1,533 1,646 353 Commercial 10,601 10,601 1,984 Construction — — — 12,425 12,538 2,556 Total: Commercial, financial, and agricultural 595 595 219 Real estate mortgage: Residential 3,131 3,244 353 Commercial 13,196 13,246 1,984 Construction 279 279 — $ 17,201 $ 17,364 $ 2,556 December 31, 2015 Recorded Unpaid Principal Related (In Thousands) Investment Balance Allowance With no related allowance recorded: Commercial, financial, and agricultural $ 319 $ 319 $ — Real estate mortgage: Residential 1,142 1,142 — Commercial 1,735 1,785 — Construction 212 212 — 3,408 3,458 — With an allowance recorded: Commercial, financial, and agricultural 150 150 75 Real estate mortgage: Residential 1,573 1,703 376 Commercial 10,752 10,752 1,653 Construction — — — 12,475 12,605 2,104 Total: Commercial, financial, and agricultural 469 469 75 Real estate mortgage: Residential 2,715 2,845 376 Commercial 12,487 12,537 1,653 Construction 212 212 — $ 15,883 $ 16,063 $ 2,104 The following table presents the average recorded investment in impaired loans and related interest income recognized for the three months ended for March 31, 2016 and 2015 : Three Months Ended March 31, 2016 2015 (In Thousands) Average Investment in Impaired Loans Interest Income Recognized on an Accrual Basis on Impaired Loans Interest Income Recognized on a Cash Basis on Impaired Loans Average Investment in Impaired Loans Interest Income Recognized on an Accrual Basis on Impaired Loans Interest Income Recognized on a Cash Basis on Impaired Loans Commercial, financial, and agricultural $ 533 $ 4 $ 1 $ 1,149 $ 5 $ 7 Real estate mortgage: Residential 2,899 22 14 1,644 12 5 Commercial 12,829 82 63 14,773 71 25 Construction 245 — 1 719 — 7 $ 16,506 $ 108 $ 79 $ 18,285 $ 88 $ 44 Currently, there is $23,000 committed to be advanced in connection with impaired loans. Troubled Debt Restructurings The loan portfolio also includes certain loans that have been modified in a Troubled Debt Restructuring (“TDR”), where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance, or other actions. Certain TDRs are classified as nonperforming at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months . There were no loan modifications that were considered TDRs completed during the three months ended March 31, 2016. Loan modifications that are considered TDRs completed during the three months ended March 31, 2015 and were as follows: 2015 (In Thousands, Except Number of Contracts) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial, financial, and agricultural 2 $ 97 $ 97 Real estate mortgage: Residential 5 234 234 Commercial 1 270 270 Construction — — — 8 $ 601 $ 601 Of the eight new troubled debt restructurings granted for the three months ended March 31, 2015 , two loans totaling $97,000 were granted term concessions and six loans totaling $504,000 were granted concessions due to other default. All of the loans with modifications considered TDRs for the three months ended March 31, 2015 had a specific allowance within the allowance for loan losses. There were five loan modifications considered to be TDRs made during the twelve months previous to March 31, 2016 that defaulted during the three months ended March 31, 2016 . The defaulted loan types and recorded investments at March 31, 2016 are as follows: one commercial loan with a recorded investment of $103,000 , one commercial real estate loan with a recorded investment of $239,000 , and three residential real estate loan with a recorded investment of $173,000 . There was one loan modifications considered TDRs made during the twelve months previous to March 31, 2015 that defaulted during the three months ended March 31, 2015 . The loan that defaulted is a commercial real estate loans with a recorded investment of $48,000 at March 31, 2015 . Troubled debt restructurings amounted to $9,503,000 and $9,645,000 as of March 31, 2016 and December 31, 2015 . The amount of foreclosed residential real estate held at March 31, 2016 and December 31, 2015 , totaled $126,000 and $102,000 , respectively. Consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process at March 31, 2016 and December 31, 2015 , totaled $938,000 and $448,000 , respectively. Internal Risk Ratings Management uses a ten point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized, and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. The special mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a substandard classification. Loans in the substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due are evaluated for substandard classification. Loans in the doubtful category exhibit the same weaknesses found in the substandard loans, however, the weaknesses are more pronounced. Such loans are static and collection in full is improbable. However, these loans are not yet rated as loss because certain events may occur which would salvage the debt. Loans classified loss are considered uncollectible and charge-off is imminent. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Banks have a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the pass category unless a specific action, such as bankruptcy, repossession, or death occurs to raise awareness of a possible credit event. An external annual loan review of large commercial relationships is performed, as well as a sample of smaller transactions. Confirmation of the appropriate risk category is included in the review. Detailed reviews, including plans for resolution, are performed on loans classified as substandard, doubtful, or loss on a quarterly basis. The following table presents the credit quality categories identified above as of March 31, 2016 and December 31, 2015 : March 31, 2016 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Totals Pass $ 151,347 $ 527,868 $ 284,453 $ 25,111 $ 26,702 $ 1,015,481 Special Mention 1,238 808 5,573 — — 7,619 Substandard 306 2,748 16,233 278 — 19,565 $ 152,891 $ 531,424 $ 306,259 $ 25,389 $ 26,702 $ 1,042,665 December 31, 2015 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Totals Pass $ 160,734 $ 522,853 $ 277,248 $ 26,612 $ 27,001 $ 1,014,448 Special Mention 1,669 823 8,625 — — 11,117 Substandard 1,669 2,507 16,666 212 — 21,054 $ 164,072 $ 526,183 $ 302,539 $ 26,824 $ 27,001 $ 1,046,619 Allowance for Loan Losses An allowance for loan losses (“ALL”) is maintained to absorb losses from the loan portfolio. The ALL is based on management’s continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, past and anticipated future loss experience, and the amount of non-performing loans. The Banks' methodology for determining the ALL is based on the requirements of ASC Section 310-10-35 for loans individually evaluated for impairment (previously discussed) and ASC Subtopic 450-20 for loans collectively evaluated for impairment, as well as the Interagency Policy Statements on the Allowance for Loan and Lease Losses and other bank regulatory guidance. The total of the two components represents the Banks' ALL. Loans that are collectively evaluated for impairment are analyzed with general allowances being made as appropriate. Allowances are segmented based on collateral characteristics previously disclosed, and consistent with credit quality monitoring. Loans that are collectively evaluated for impairment are grouped into two classes for evaluation. A general allowance is determined for “Pass” rated credits, while a separate pool allowance is provided for “Criticized” rated credits that are not individually evaluated for impairment. For the general allowances, historical loss trends are used in the estimation of losses in the current portfolio. These historical loss amounts are modified by other qualitative factors. A historical charge-off factor is calculated utilizing a twelve quarter moving average. However, management may adjust the moving average time frame by up to four quarters to adjust for variances in the economic cycle. Management has identified a number of additional qualitative factors which it uses to supplement the historical charge-off factor because these factors are likely to cause estimated credit losses associated with the existing loan pools to differ from historical loss experience. The additional factors that are evaluated quarterly and updated using information obtained from internal, regulatory, and governmental sources are: national and local economic trends and conditions; levels of and trends in delinquency rates and non-accrual loans; trends in volumes and terms of loans; effects of changes in lending policies; experience, ability, and depth of lending staff; value of underlying collateral; and concentrations of credit from a loan type, industry and/or geographic standpoint. Loans in the criticized pools, which possess certain qualities or characteristics that may lead to collection and loss issues, are closely monitored by management and subject to additional qualitative factors. Management also monitors industry loss factors by loan segment for applicable adjustments to actual loss experience. Management reviews the loan portfolio on a quarterly basis in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ALL. Activity in the allowance is presented for the three months ended March 31, 2016 and 2015 : Three Months Ended March 31, 2016 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,532 $ 5,116 $ 4,217 $ 160 $ 243 $ 776 $ 12,044 Charge-offs — — — — (51 ) — (51 ) Recoveries — 3 5 3 28 — 39 Provision (278 ) 4 250 (16 ) 44 346 350 Ending Balance $ 1,254 $ 5,123 $ 4,472 $ 147 $ 264 $ 1,122 $ 12,382 Three Months Ended March 31, 2015 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,124 $ 3,755 $ 4,205 $ 786 $ 245 $ 464 $ 10,579 Charge-offs (20 ) (1 ) (449 ) — (56 ) — (526 ) Recoveries 26 24 — 11 12 — 73 Provision 348 449 117 (45 ) (8 ) (161 ) 700 Ending Balance $ 1,478 $ 4,227 $ 3,873 $ 752 $ 193 $ 303 $ 10,826 The Company grants commercial, industrial, residential, and installment loans to customers primarily throughout north-east and central Pennsylvania. Although the Company has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent on the economic conditions within this region. The Company has a concentration of the following to gross loans at March 31, 2016 and 2015 : March 31, 2016 2015 Owners of residential rental properties 16.27 % 16.20 % Owners of commercial rental properties 14.27 % 14.46 % The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method as of March 31, 2016 and December 31, 2015 : March 31, 2016 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals Unallocated (In Thousands) Residential Commercial Construction Totals Allowance for Loan Losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 219 $ 353 $ 1,984 $ — $ — $ — $ 2,556 Collectively evaluated for impairment 1,035 4,770 2,488 147 264 1,122 9,826 Total ending allowance balance $ 1,254 $ 5,123 $ 4,472 $ 147 $ 264 $ 1,122 $ 12,382 Loans: Individually evaluated for impairment $ 595 $ 2,794 $ 13,196 $ 279 $ — $ 16,864 Loans acquired with deteriorated credit quality — 337 — — — 337 Collectively evaluated for impairment 152,296 528,293 293,063 25,110 26,702 1,025,464 Total ending loans balance $ 152,891 $ 531,424 $ 306,259 $ 25,389 $ 26,702 $ 1,042,665 December 31, 2015 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals Unallocated (In Thousands) Residential Commercial Construction Totals Allowance for Loan Losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 75 $ 376 $ 1,653 $ — $ — $ — $ 2,104 Collectively evaluated for impairment 1,457 4,740 2,564 160 243 776 9,940 Total ending allowance balance $ 1,532 $ 5,116 $ 4,217 $ 160 $ 243 $ 776 $ 12,044 Loans: Individually evaluated for impairment $ 469 $ 2,374 $ 12,487 $ 212 $ — $ 15,542 Loans acquired with deteriorated credit quality — 341 — — — 341 Collectively evaluated for impairment 163,603 523,468 290,052 26,612 27,001 1,030,736 Total ending loans balance $ 164,072 $ 526,183 $ 302,539 $ 26,824 $ 27,001 $ 1,046,619

Net Periodic Benefit Cost-Defin

Net Periodic Benefit Cost-Defined Benefit Plans	3 Months Ended
	Mar. 31, 2016
Pension and Other Postretirement Benefit Expense [Abstract]
Net Periodic Benefit Cost-Defined Benefit Plans	Net Periodic Benefit Cost-Defined Benefit Plans For a detailed disclosure on the Company’s pension and employee benefits plans, please refer to Note 13 of the Company’s Consolidated Financial Statements included in the Annual Report on Form 10-K for the year ended December 31, 2015 . The following sets forth the components of the net periodic benefit/cost of the domestic non-contributory defined benefit plan for the three months ended March 31, 2016 and 2015 , respectively: Three Months Ended March 31, (In Thousands) 2016 2015 Service cost $ 17 $ 16 Interest cost 193 189 Expected return on plan assets (251 ) (281 ) Amortization of net loss 39 40 Net periodic benefit cost $ (2 ) $ (36 ) Employer Contributions The Company previously disclosed in its consolidated financial statements, included in the Annual Report on Form 10-K for the year ended December 31, 2015 , that it expected to contribute a minimum of $500,000 to its defined benefit plan in 2016 . As of March 31, 2016 , there were contributions of $250,000 made to the plan with additional contributions of at least $250,000 anticipated during the remainder of 2016 .

Employee Stock Purchase Plan

Employee Stock Purchase Plan	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Stock Purchase Plan	Employee Stock Purchase Plan The Company maintains an Employee Stock Purchase Plan (“Plan”). The Plan is intended to encourage employee participation in the ownership and economic progress of the Company. The Plan allows for up to 1,000,000 shares to be purchased by employees. The purchase price of the shares is 95% of market value with an employee eligible to purchase up to the lesser of 15% of base compensation or $12,000 in market value annually. During the three months ended March 31, 2016 and 2015 , there were 550 and 520 shares issued under the plan, respectively.

Off Balance Sheet Risk

Off Balance Sheet Risk	3 Months Ended
	Mar. 31, 2016
Off Balance Sheet Risk
Off Balance Sheet Risk	Off Balance Sheet Risk The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments are primarily comprised of commitments to extend credit, standby letters of credit, and credit exposure from the sale of assets with recourse. These instruments involve, to varying degrees, elements of credit, interest rate, or liquidity risk in excess of the amount recognized in the Consolidated Balance Sheet. The contract amounts of these instruments express the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss from nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. The Company may require collateral or other security to support financial instruments with off-balance sheet credit risk. Financial instruments whose contract amounts represent credit risk are as follows at March 31, 2016 and December 31, 2015 : (In Thousands) March 31, 2016 December 31, 2015 Commitments to extend credit $ 247,801 $ 241,936 Standby letters of credit 5,402 4,786 Credit exposure from the sale of assets with recourse 7,167 6,523 $ 260,370 $ 253,245 Commitments to extend credit are legally binding agreements to lend to customers. Commitments generally have fixed expiration dates or other termination clauses and may require payment of fees. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future liquidity requirements. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company, on an extension of credit is based on management’s credit assessment of the counterparty. Standby letters of credit represent conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These instruments are issued primarily to support bid or performance related contracts. The coverage period for these instruments is typically a one year period with an annual renewal option subject to prior approval by management. Fees earned from the issuance of these letters are recognized upon expiration of the coverage period. For secured letters of credit, the collateral is typically Bank deposit instruments or customer business assets.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following disclosures show the hierarchal disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. This hierarchy requires the use of observable market data when available. The following table presents the assets reported on the balance sheet at their fair value on a recurring basis as of March 31, 2016 and December 31, 2015 , by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. March 31, 2016 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 3,476 $ — $ 3,476 Mortgage-backed securities — 9,751 — 9,751 Asset-backed securities — 1,793 — 1,793 State and political securities — 70,575 — 70,575 Other debt securities — 56,215 — 56,215 Financial institution equity securities 9,735 — — 9,735 Other equity securities 2,164 — — 2,164 Investment securities, trading: Financial institution equity securities 60 — — 60 Total assets measured on a recurring basis $ 11,959 $ 141,810 $ — $ 153,769 December 31, 2015 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 3,549 $ — $ 3,549 Mortgage-backed securities — 10,009 — 10,009 Asset-backed securities — 1,940 — 1,940 State and political securities — 86,555 — 86,555 Other debt securities — 57,772 — 57,772 Financial institution equity securities 11,483 — — 11,483 Other equity securities 4,849 — — 4,849 Investment securities, trading: Financial institution equity securities 73 — — 73 Total assets measured on a recurring basis $ 16,405 $ 159,825 $ — $ 176,230 The following table presents the assets reported on the Consolidated Balance Sheet at their fair value on a non-recurring basis as of March 31, 2016 and December 31, 2015 , by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. March 31, 2016 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Impaired loans $ — $ — $ 14,645 $ 14,645 Other real estate owned — — 1,719 1,719 Total assets measured on a non-recurring basis $ — $ — $ 16,364 $ 16,364 December 31, 2015 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Impaired loans $ — $ — $ 13,779 $ 13,779 Other real estate owned — — 1,696 1,696 Total assets measured on a non-recurring basis $ — $ — $ 15,475 $ 15,475 The following tables present a listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques as of March 31, 2016 and December 31, 2015 : March 31, 2016 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Impaired loans $ 5,370 Discounted cash flow Temporary reduction in payment amount 0 to (70)% (16)% 9,275 Appraisal of collateral Appraisal adjustments (1) 0 to (20)% (13)% Other real estate owned $ 1,719 Appraisal of collateral (1) (1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. December 31, 2015 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Impaired loans $ 5,696 Discounted cash flow Temporary reduction in payment amount 0 to (70)% (17)% 8,083 Appraisal of collateral Appraisal adjustments (1) 0 to (20)% (15)% Other real estate owned $ 1,696 Appraisal of collateral (1) (1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The significant unobservable inputs used in the fair value measurement of the Company’s impaired loans using the discounted cash flow valuation technique include temporary changes in payment amounts and the probability of default. Significant increases (decreases) in payment amounts would result in significantly higher (lower) fair value measurements. The probability of default is 0% for impaired loans using the discounted cash flow valuation technique because all defaulted impaired loans are valued using the appraisal of collateral valuation technique. The significant unobservable input used in the fair value measurement of the Company’s impaired loans using the appraisal of collateral valuation technique include appraisal adjustments, which are adjustments to appraisals by management for qualitative factors such as economic conditions and estimated liquidation expenses. The significant unobservable input used in the fair value measurement of the Company’s other real estate owned are the same inputs used to value impaired loans using the appraisal of collateral valuation technique.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company is required to disclose fair values for its financial instruments. Fair values are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Also, it is the Company’s general practice and intention to hold most of its financial instruments to maturity and not to engage in trading or sales activities. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These fair values are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions can significantly affect the fair values. Fair values have been determined by the Company using historical data and an estimation methodology suitable for each category of financial instruments. The Company’s fair values, methods, and assumptions are set forth below for the Company’s other financial instruments. As certain assets and liabilities, such as deferred tax assets, premises and equipment, and many other operational elements of the Company, are not considered financial instruments but have value, this fair value of financial instruments would not represent the full market value of the Company. The fair values of the Company’s financial instruments are as follows at March 31, 2016 and December 31, 2015 : Carrying Fair Fair Value Measurements at March 31, 2016 (In Thousands) Value Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 47,125 $ 47,125 $ 47,125 $ — $ — Investment securities: Available for sale 153,709 153,709 11,899 141,810 — Trading 60 60 60 — — Loans held for sale 514 514 514 — — Loans, net 1,028,870 1,068,941 — — 1,068,941 Bank-owned life insurance 26,867 26,867 26,867 — — Accrued interest receivable 3,878 3,878 3,878 — — Financial liabilities: Interest-bearing deposits $ 790,219 $ 779,632 $ 558,909 $ — $ 220,723 Noninterest-bearing deposits 269,362 269,362 269,362 — — Short-term borrowings 15,874 15,874 15,874 — — Long-term borrowings 91,025 92,582 — — 92,582 Accrued interest payable 439 439 439 — — Carrying Fair Fair Value Measurements at December 31, 2015 (In Thousands) Value Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 22,796 $ 22,796 $ 22,796 $ — $ — Investment securities: Available for sale 176,157 176,157 16,332 159,825 — Trading 73 73 73 — — Loans held for sale 757 757 757 — — Loans, net 1,033,163 1,045,140 — — 1,045,140 Bank-owned life insurance 26,667 26,667 26,667 — — Accrued interest receivable 3,686 3,686 3,686 — — Financial liabilities: Interest-bearing deposits $ 751,797 $ 729,685 $ 509,206 $ — $ 220,479 Noninterest-bearing deposits 280,083 280,083 280,083 — — Short-term borrowings 46,638 46,638 46,638 — — Long-term borrowings 91,025 91,783 — — 91,783 Accrued interest payable 426 426 426 — — Cash and Cash Equivalents, Loans Held for Sale, Accrued Interest Receivable, Short-term Borrowings, and Accrued Interest Payable: The fair value is equal to the carrying value. Investment Securities: The fair value of investment securities available for sale and trading is equal to the available quoted market price. If no quoted market price is available, fair value is estimated using the quoted market price for similar securities. Regulatory stocks’ fair value is equal to the carrying value. Loans: Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as commercial, financial, and agricultural, commercial real estate, residential real estate, construction real estate, and installment loans to individuals. Each loan category is further segmented into fixed and adjustable rate interest terms and by performing and nonperforming categories. The fair value of performing loans is calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risk inherent in the loan. The estimate of maturity is based on the Company’s historical experience with repayments for each loan classification, modified, as required, by an estimate of the effect of current economic and lending conditions. Fair value for significant nonperforming loans is based on recent external appraisals. If appraisals are not available, estimated cash flows are discounted using a rate commensurate with the risk associated with the estimated cash flows. Assumptions regarding credit risk, cash flows, and discounted rates are judgmentally determined using available market information and specific borrower information. Bank-Owned Life Insurance: The fair value is equal to the cash surrender value of the life insurance policies. Deposits: The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, savings, NOW, and money market accounts, is equal to the amount payable on demand. The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The fair value estimates above do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market, commonly referred to as the core deposit intangible. Long Term Borrowings: The fair value of long term borrowings is based on the discounted value of contractual cash flows. Commitments to Extend Credit, Standby Letters of Credit, and Financial Guarantees Written: There is no material difference between the notional amount and the estimated fair value of off-balance sheet items. The contractual amounts of unfunded commitments and letters of credit are presented in Note 9 (Off Balance Sheet Risk).

Stock Options

Stock Options	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options	Stock Options In 2014, the Company adopted the 2014 Equity Incentive Plan designed to help the Company attract, retain, and motivate employees and non-employee directors. Incentive stock options, non-qualified stock options, and restricted stock may be granted as part of the plan. On August 27, 2015, the Company issued 38,750 stock options to a group of employees. Each option granted has a strike price of $42.03 and is exercisable only after five years following the date of the grant of such options. The options expire ten years following the date of the grant of such options. A summary of stock option activity is presented below: March 31, 2016 December 31, 2015 Shares Weighted Average Exercise Price Shares Weighted Average Exercise Price Outstanding, beginning of year 34,750 $ 42.03 — $ — Granted — — 38,750 42.03 Exercised — — — — Forfeited (2,250 ) 42.03 (4,000 ) 42.03 Outstanding, end of year 32,500 $ 42.03 34,750 $ 42.03 The estimated fair value of options, including the effect of estimated forfeitures, is recognized as expense on a straightline basis over the options’ vesting periods while ensuring that the cumulative amount of compensation cost recognized at least equals the value of the vested portion of the award at that date. The Company determines the fair value of options granted using the Black-Scholes option-pricing model. The risk-free interest rate is based on the United States Treasury bond with a similar term to the expected life of the options at the grant date. Expected volatility was estimated based on the adjusted historic volatility of the Company’s shares. The expected life was estimated to equal the contractual life of the options. The dividend yield rate was based upon recent historical dividends paid on shares.

Reclassification of Comparative

Reclassification of Comparative Amounts	3 Months Ended
	Mar. 31, 2016
Reclassification of Comparative Amounts
Reclassification of Comparative Amounts	Reclassification of Comparative Amounts Certain comparative amounts for the prior period have been reclassified to conform to current period presentations. Such reclassifications had no effect on net income or shareholders’ equity.

Recent Accounting Pronounceme22

Recent Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (a new revenue recognition standard). The updates core principle is that a company will recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, this update specifies the accounting for certain costs to obtain or fulfill a contract with a customer and expands disclosure requirements for revenue recognition. This update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operation. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40) . The amendments in this update provide guidance in accounting principles generally accepted in the United States of America about management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. The amendments in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. This update is not expected to have a significant impact on the Company’s financial statements. In May 2015, the FASB issued ASU 2015-08 , Business Combinations - Pushdown Accounting - Amendment to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115 . This ASU was issued to amend various SEC paragraphs pursuant to the issuance of Staff Accounting Bulletin No. 115. This update is not expected to have a significant impact on the Company’s financial statements. In August 2015, the FASB issued ASU 2015-14, Revenue from Contract with Customers (Topic 606) . The amendments in this update defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company is evaluating the effect of adopting this new accounting update. In August 2015, the FASB issued ASU 2015-15, Interest-Imputation of Interest (Subtopic 835-30) Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting . This ASU adds SEC paragraphs pursuant to the SEC Staff Announcement at the June 18, 2015 Emerging Issues Task Force meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. This update is not expected to have a significant impact on the Company’s financial statements. In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes . The amendments in this update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this update apply to all entities that present a classified statement of financial position. For public business entities, the amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this update may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. This update is not expected to have a significant impact on the Company’s financial statements. In January 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. This update applies to all entities that hold financial assets or owe financial liabilities and is intended to provide more useful information on the recognition, measurement, presentation, and disclosure of financial instruments. Among other things, this update (a) requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; (b) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; (c) eliminates the requirement to disclose the fair value of financial instruments measured at amortized cost for entities that are not public business entities; (d) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; (e) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; (f) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; (g) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (that is, securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; and (h) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. For all other entities including not-for-profit entities and employee benefit plans within the scope of Topics 960 through 965 on plan accounting, the amendments in this update are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. All entities that are not public business entities may adopt the amendments in this update earlier as of the fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or results of operations.

Accumulated Other Comprehensi23

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Schedule of changes in accumulated other comprehensive income by component	The changes in accumulated other comprehensive loss by component as of March 31, 2016 and 2015 were as follows: Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 (In Thousands) Net Unrealized Gain on Available for Sale Securities Defined Benefit Plan Total Net Unrealized Gain on Available for Sale Securities Defined Benefit Plan Total Beginning balance $ 258 $ (4,057 ) $ (3,799 ) $ 2,930 $ (4,597 ) $ (1,667 ) Other comprehensive income before reclassifications 1,353 — 1,353 797 — 797 Amounts reclassified from accumulated other comprehensive loss (287 ) 25 (262 ) (436 ) — (436 ) Net current-period other comprehensive income 1,066 25 1,091 361 — 361 Ending balance $ 1,324 $ (4,032 ) $ (2,708 ) $ 3,291 $ (4,597 ) $ (1,306 )
Schedule of reclassifications out of accumulated other comprehensive income	The reclassifications out of accumulated other comprehensive loss as of March 31, 2016 and 2015 were as follows: Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive Loss Affected Line Item in the Consolidated Statement of Income Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 Net unrealized gain on available for sale securities $ 435 $ 661 Net securities gains, available for sale Income tax effect (148 ) (225 ) Income tax provision Total reclassifications for the period $ 287 $ 436 Net of tax Net unrecognized pension costs $ (39 ) $ — Salaries and employee benefits Income tax effect 14 — Income tax provision Total reclassifications for the period $ (25 ) $ — Net of tax

Per Share Data (Tables)

Per Share Data (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of weighted average common shares (denominator) used in the basic and dilutive earnings per share computation	The following table sets forth the composition of the weighted average common shares (denominator) used in the basic and dilutive earnings per share computation. Three Months Ended March 31, 2016 2015 Weighted average common shares issued 5,005,160 5,002,832 Average treasury stock shares (264,657 ) (201,327 ) Weighted average common shares and common stock equivalents used to calculate basic and diluted earnings per share 4,740,503 4,801,505

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities	The amortized cost and fair values of investment securities available for sale at March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Available for sale (AFS) U.S. Government and agency securities $ 3,474 $ 4 $ (2 ) $ 3,476 Mortgage-backed securities 9,465 337 (51 ) 9,751 Asset-backed securities 1,826 — (33 ) 1,793 State and political securities 68,533 2,044 (2 ) 70,575 Other debt securities 57,080 452 (1,317 ) 56,215 Total debt securities 140,378 2,837 (1,405 ) 141,810 Financial institution equity securities 8,924 834 (23 ) 9,735 Other equity securities 2,401 15 (252 ) 2,164 Total equity securities 11,325 849 (275 ) 11,899 Total investment securities AFS $ 151,703 $ 3,686 $ (1,680 ) $ 153,709 December 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Available for sale (AFS) U.S. Government and agency securities $ 3,586 $ — $ (37 ) $ 3,549 Mortgage-backed securities 9,785 284 (60 ) 10,009 Asset-backed securities 1,960 — (20 ) 1,940 State and political securities 84,992 1,797 (234 ) 86,555 Other debt securities 59,832 185 (2,245 ) 57,772 Total debt securities 160,155 2,266 (2,596 ) 159,825 Financial institution equity securities 10,397 1,100 (14 ) 11,483 Other equity securities 5,214 70 (435 ) 4,849 Total equity securities 15,611 1,170 (449 ) 16,332 Total investment securities AFS $ 175,766 $ 3,436 $ (3,045 ) $ 176,157
Schedule of amortized cost and fair values of investment securities	The amortized cost and fair values of trading investment securities at March 31, 2016 and December 31, 2015 are as follows. March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Trading Financial institution equity securities $ 60 $ — $ — $ 60 Total equity securities 60 — — 60 Total trading securities $ 60 $ — $ — $ 60 December 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair (In Thousands) Cost Gains Losses Value Trading Financial institution equity securities $ 78 $ — $ (5 ) $ 73 Total equity securities 78 — (5 ) 73 Total trading securities $ 78 $ — $ (5 ) $ 73
Schedule of gross unrealized losses and fair value	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 March 31, 2016 and December 31, 2015 . March 31, 2016 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ — $ — $ 1,378 $ (2 ) $ 1,378 $ (2 ) Mortgage-backed securities 667 (2 ) 3,723 (49 ) 4,390 (51 ) Asset-backed securities 1,533 (29 ) 260 (4 ) 1,793 (33 ) State and political securities 1,396 (2 ) — — 1,396 (2 ) Other debt securities 7,419 (158 ) 22,030 (1,159 ) 29,449 (1,317 ) Total debt securities 11,015 (191 ) 27,391 (1,214 ) 38,406 (1,405 ) Financial institution equity securities 146 (4 ) 48 (19 ) 194 (23 ) Other equity securities 295 (113 ) 1,019 (139 ) 1,314 (252 ) Total equity securities 441 (117 ) 1,067 (158 ) 1,508 (275 ) Total investment securities AFS $ 11,456 $ (308 ) $ 28,458 $ (1,372 ) $ 39,914 $ (1,680 ) December 31, 2015 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ — $ — $ 3,549 $ (37 ) $ 3,549 $ (37 ) Mortgage-backed securities 6,081 (60 ) — — 6,081 (60 ) Asset-backed securities 1,626 (16 ) 314 (4 ) 1,940 (20 ) State and political securities 7,345 (47 ) 1,656 (187 ) 9,001 (234 ) Other debt securities 24,381 (530 ) 22,547 (1,715 ) 46,928 (2,245 ) Total debt securities 39,433 (653 ) 28,066 (1,943 ) 67,499 (2,596 ) Financial institution equity securities — — 53 (14 ) 53 (14 ) Other equity securities 2,363 (277 ) 1,001 (158 ) 3,364 (435 ) Total equity securities 2,363 (277 ) 1,054 (172 ) 3,417 (449 ) Total investment securities AFS $ 41,796 $ (930 ) $ 29,120 $ (2,115 ) $ 70,916 $ (3,045 )
Schedule of amortized cost and fair value of debt securities by contractual maturity	The amortized cost and fair value of debt securities at March 31, 2016 , by contractual maturity, are shown below. Expected maturities may differ from contractual maturities since borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value Due in one year or less $ 1,806 $ 1,812 Due after one year to five years 31,032 31,106 Due after five years to ten years 79,232 79,456 Due after ten years 28,308 29,436 Total $ 140,378 $ 141,810
Schedule of gross realized gains and losses	The following table represents gross realized gains and losses within the available for sale portfolio: Three Months Ended March 31, (In Thousands) 2016 2015 Gross realized gains: State and political securities 299 396 Other debt securities 32 74 Financial institution equity securities 82 155 Other equity securities 144 132 Total gross realized gains $ 557 $ 757 Gross realized losses: U.S. Government and agency securities $ — $ — State and political securities — 22 Other debt securities 81 32 Other equity securities 41 42 Total gross realized losses $ 122 $ 96 The following table represents gross realized gains and losses within the trading portfolios: Three Months Ended March 31, (In Thousands) 2016 2015 Gross realized gains: Financial institution equity securities $ 6 $ — Other equity securities 59 — Total gross realized gains $ 65 $ — Gross realized losses: Financial institution equity securities $ 13 $ — Other equity securities 12 — Total gross realized losses $ 25 $ —

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Schedule of related aging categories of loans by segment	The following table presents the related aging categories of loans, by segment, as of March 31, 2016 and December 31, 2015 : March 31, 2016 Past Due Past Due 90 30 To 89 Days Or More Non- (In Thousands) Current Days & Still Accruing Accrual Total Commercial, financial, and agricultural $ 152,282 $ 317 $ — $ 292 $ 152,891 Real estate mortgage: Residential 523,897 5,761 308 1,458 531,424 Commercial 296,145 802 — 9,312 306,259 Construction 25,111 — — 278 25,389 Installment loans to individuals 26,290 412 — — 26,702 1,023,725 $ 7,292 $ 308 $ 11,340 1,042,665 Net deferred loan fees and discounts (1,413 ) (1,413 ) Allowance for loan losses (12,382 ) (12,382 ) Loans, net $ 1,009,930 $ 1,028,870 December 31, 2015 Past Due Past Due 90 30 To 89 Days Or More Non- (In Thousands) Current Days & Still Accruing Accrual Total Commercial, financial, and agricultural $ 162,312 $ 164 $ — $ 1,596 $ 164,072 Real estate mortgage: Residential 517,753 6,827 714 889 526,183 Commercial 295,784 720 265 5,770 302,539 Construction 26,545 67 — 212 26,824 Installment loans to individuals 26,572 429 — — 27,001 1,028,966 $ 8,207 $ 979 $ 8,467 1,046,619 Net deferred loan fees and discounts (1,412 ) (1,412 ) Allowance for loan losses (12,044 ) (12,044 ) Loans, net $ 1,015,510 $ 1,033,163
Schedule of additional information regarding loans acquired and accounted	The following table presents additional information regarding loans acquired in the Luzerne Bank transaction with specific evidence of deterioration in credit quality: (In Thousands) March 31, 2016 December 31, 2015 Outstanding balance $ 437 $ 441 Carrying amount 337 341
Schedule of interest income if interest had been recorded based on the original loan agreement terms and rate of interest for non-accrual loans and interest income recognized on a cash basis for non-accrual loans	The following table presents interest income the Banks would have recorded if interest had been recorded based on the original loan agreement terms and rate of interest for non-accrual loans and interest income recognized on a cash basis for non-accrual loans for the three months ended March 31, 2016 and 2015 : Three Months Ended March 31, 2016 2015 (In Thousands) Interest Income That Would Have Been Recorded Based on Original Term and Rate Interest Income Recorded on a Cash Basis Interest Income That Would Have Been Recorded Based on Original Term and Rate Interest Income Recorded on a Cash Basis Commercial, financial, and agricultural $ 4 $ 1 $ 12 $ 8 Real estate mortgage: Residential 32 14 5 9 Commercial 169 64 105 25 Construction 6 — 15 7 $ 211 $ 79 $ 137 $ 49
Schedule of recorded investment, unpaid principal balance, and related allowance of impaired loans by segment	The following table presents the recorded investment, unpaid principal balance, and related allowance of impaired loans by segment as of March 31, 2016 and December 31, 2015 : March 31, 2016 Recorded Unpaid Principal Related (In Thousands) Investment Balance Allowance With no related allowance recorded: Commercial, financial, and agricultural $ 304 $ 304 $ — Real estate mortgage: Residential 1,598 1,598 — Commercial 2,595 2,645 — Construction 279 279 — 4,776 4,826 — With an allowance recorded: Commercial, financial, and agricultural 291 291 219 Real estate mortgage: Residential 1,533 1,646 353 Commercial 10,601 10,601 1,984 Construction — — — 12,425 12,538 2,556 Total: Commercial, financial, and agricultural 595 595 219 Real estate mortgage: Residential 3,131 3,244 353 Commercial 13,196 13,246 1,984 Construction 279 279 — $ 17,201 $ 17,364 $ 2,556 December 31, 2015 Recorded Unpaid Principal Related (In Thousands) Investment Balance Allowance With no related allowance recorded: Commercial, financial, and agricultural $ 319 $ 319 $ — Real estate mortgage: Residential 1,142 1,142 — Commercial 1,735 1,785 — Construction 212 212 — 3,408 3,458 — With an allowance recorded: Commercial, financial, and agricultural 150 150 75 Real estate mortgage: Residential 1,573 1,703 376 Commercial 10,752 10,752 1,653 Construction — — — 12,475 12,605 2,104 Total: Commercial, financial, and agricultural 469 469 75 Real estate mortgage: Residential 2,715 2,845 376 Commercial 12,487 12,537 1,653 Construction 212 212 — $ 15,883 $ 16,063 $ 2,104
Schedule of average recorded investment in impaired loans and related interest income recognized	The following table presents the average recorded investment in impaired loans and related interest income recognized for the three months ended for March 31, 2016 and 2015 : Three Months Ended March 31, 2016 2015 (In Thousands) Average Investment in Impaired Loans Interest Income Recognized on an Accrual Basis on Impaired Loans Interest Income Recognized on a Cash Basis on Impaired Loans Average Investment in Impaired Loans Interest Income Recognized on an Accrual Basis on Impaired Loans Interest Income Recognized on a Cash Basis on Impaired Loans Commercial, financial, and agricultural $ 533 $ 4 $ 1 $ 1,149 $ 5 $ 7 Real estate mortgage: Residential 2,899 22 14 1,644 12 5 Commercial 12,829 82 63 14,773 71 25 Construction 245 — 1 719 — 7 $ 16,506 $ 108 $ 79 $ 18,285 $ 88 $ 44
Schedule of loan modifications that are considered TDRs	Loan modifications that are considered TDRs completed during the three months ended March 31, 2015 and were as follows: 2015 (In Thousands, Except Number of Contracts) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial, financial, and agricultural 2 $ 97 $ 97 Real estate mortgage: Residential 5 234 234 Commercial 1 270 270 Construction — — — 8 $ 601 $ 601
Schedule of credit quality categories	The following table presents the credit quality categories identified above as of March 31, 2016 and December 31, 2015 : March 31, 2016 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Totals Pass $ 151,347 $ 527,868 $ 284,453 $ 25,111 $ 26,702 $ 1,015,481 Special Mention 1,238 808 5,573 — — 7,619 Substandard 306 2,748 16,233 278 — 19,565 $ 152,891 $ 531,424 $ 306,259 $ 25,389 $ 26,702 $ 1,042,665 December 31, 2015 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Totals Pass $ 160,734 $ 522,853 $ 277,248 $ 26,612 $ 27,001 $ 1,014,448 Special Mention 1,669 823 8,625 — — 11,117 Substandard 1,669 2,507 16,666 212 — 21,054 $ 164,072 $ 526,183 $ 302,539 $ 26,824 $ 27,001 $ 1,046,619
Schedule of activity in the allowance	Activity in the allowance is presented for the three months ended March 31, 2016 and 2015 : Three Months Ended March 31, 2016 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,532 $ 5,116 $ 4,217 $ 160 $ 243 $ 776 $ 12,044 Charge-offs — — — — (51 ) — (51 ) Recoveries — 3 5 3 28 — 39 Provision (278 ) 4 250 (16 ) 44 346 350 Ending Balance $ 1,254 $ 5,123 $ 4,472 $ 147 $ 264 $ 1,122 $ 12,382 Three Months Ended March 31, 2015 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,124 $ 3,755 $ 4,205 $ 786 $ 245 $ 464 $ 10,579 Charge-offs (20 ) (1 ) (449 ) — (56 ) — (526 ) Recoveries 26 24 — 11 12 — 73 Provision 348 449 117 (45 ) (8 ) (161 ) 700 Ending Balance $ 1,478 $ 4,227 $ 3,873 $ 752 $ 193 $ 303 $ 10,826
Schedule of concentration of loan	The Company has a concentration of the following to gross loans at March 31, 2016 and 2015 : March 31, 2016 2015 Owners of residential rental properties 16.27 % 16.20 % Owners of commercial rental properties 14.27 % 14.46 %
Schedule of allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method	The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method as of March 31, 2016 and December 31, 2015 : March 31, 2016 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals Unallocated (In Thousands) Residential Commercial Construction Totals Allowance for Loan Losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 219 $ 353 $ 1,984 $ — $ — $ — $ 2,556 Collectively evaluated for impairment 1,035 4,770 2,488 147 264 1,122 9,826 Total ending allowance balance $ 1,254 $ 5,123 $ 4,472 $ 147 $ 264 $ 1,122 $ 12,382 Loans: Individually evaluated for impairment $ 595 $ 2,794 $ 13,196 $ 279 $ — $ 16,864 Loans acquired with deteriorated credit quality — 337 — — — 337 Collectively evaluated for impairment 152,296 528,293 293,063 25,110 26,702 1,025,464 Total ending loans balance $ 152,891 $ 531,424 $ 306,259 $ 25,389 $ 26,702 $ 1,042,665 December 31, 2015 Commercial, Financial, and Agricultural Real Estate Mortgages Installment Loans to Individuals Unallocated (In Thousands) Residential Commercial Construction Totals Allowance for Loan Losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 75 $ 376 $ 1,653 $ — $ — $ — $ 2,104 Collectively evaluated for impairment 1,457 4,740 2,564 160 243 776 9,940 Total ending allowance balance $ 1,532 $ 5,116 $ 4,217 $ 160 $ 243 $ 776 $ 12,044 Loans: Individually evaluated for impairment $ 469 $ 2,374 $ 12,487 $ 212 $ — $ 15,542 Loans acquired with deteriorated credit quality — 341 — — — 341 Collectively evaluated for impairment 163,603 523,468 290,052 26,612 27,001 1,030,736 Total ending loans balance $ 164,072 $ 526,183 $ 302,539 $ 26,824 $ 27,001 $ 1,046,619

Net Periodic Benefit Cost-Def27

Net Periodic Benefit Cost-Defined Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2016
Pension and Other Postretirement Benefit Expense [Abstract]
Schedule of components of the net periodic benefit cost of the domestic non-contributory defined benefit plan	The following sets forth the components of the net periodic benefit/cost of the domestic non-contributory defined benefit plan for the three months ended March 31, 2016 and 2015 , respectively: Three Months Ended March 31, (In Thousands) 2016 2015 Service cost $ 17 $ 16 Interest cost 193 189 Expected return on plan assets (251 ) (281 ) Amortization of net loss 39 40 Net periodic benefit cost $ (2 ) $ (36 )

Off Balance Sheet Risk (Tables)

Off Balance Sheet Risk (Tables)	3 Months Ended
	Mar. 31, 2016
Off Balance Sheet Risk
Schedule of Financial instruments whose contract amounts represent credit risk	Financial instruments whose contract amounts represent credit risk are as follows at March 31, 2016 and December 31, 2015 : (In Thousands) March 31, 2016 December 31, 2015 Commitments to extend credit $ 247,801 $ 241,936 Standby letters of credit 5,402 4,786 Credit exposure from the sale of assets with recourse 7,167 6,523 $ 260,370 $ 253,245

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of assets reported on the balance sheet at their fair value on a recurring basis	The following table presents the assets reported on the balance sheet at their fair value on a recurring basis as of March 31, 2016 and December 31, 2015 , by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. March 31, 2016 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 3,476 $ — $ 3,476 Mortgage-backed securities — 9,751 — 9,751 Asset-backed securities — 1,793 — 1,793 State and political securities — 70,575 — 70,575 Other debt securities — 56,215 — 56,215 Financial institution equity securities 9,735 — — 9,735 Other equity securities 2,164 — — 2,164 Investment securities, trading: Financial institution equity securities 60 — — 60 Total assets measured on a recurring basis $ 11,959 $ 141,810 $ — $ 153,769 December 31, 2015 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 3,549 $ — $ 3,549 Mortgage-backed securities — 10,009 — 10,009 Asset-backed securities — 1,940 — 1,940 State and political securities — 86,555 — 86,555 Other debt securities — 57,772 — 57,772 Financial institution equity securities 11,483 — — 11,483 Other equity securities 4,849 — — 4,849 Investment securities, trading: Financial institution equity securities 73 — — 73 Total assets measured on a recurring basis $ 16,405 $ 159,825 $ — $ 176,230
Schedule of assets reported on the consolidated balance sheet at their fair value on a non-recurring basis	The following table presents the assets reported on the Consolidated Balance Sheet at their fair value on a non-recurring basis as of March 31, 2016 and December 31, 2015 , by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. March 31, 2016 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Impaired loans $ — $ — $ 14,645 $ 14,645 Other real estate owned — — 1,719 1,719 Total assets measured on a non-recurring basis $ — $ — $ 16,364 $ 16,364 December 31, 2015 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Impaired loans $ — $ — $ 13,779 $ 13,779 Other real estate owned — — 1,696 1,696 Total assets measured on a non-recurring basis $ — $ — $ 15,475 $ 15,475
Schedule of listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques	The following tables present a listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques as of March 31, 2016 and December 31, 2015 : March 31, 2016 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Impaired loans $ 5,370 Discounted cash flow Temporary reduction in payment amount 0 to (70)% (16)% 9,275 Appraisal of collateral Appraisal adjustments (1) 0 to (20)% (13)% Other real estate owned $ 1,719 Appraisal of collateral (1) (1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. December 31, 2015 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Impaired loans $ 5,696 Discounted cash flow Temporary reduction in payment amount 0 to (70)% (17)% 8,083 Appraisal of collateral Appraisal adjustments (1) 0 to (20)% (15)% Other real estate owned $ 1,696 Appraisal of collateral (1) (1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of fair values of financial instruments	The fair values of the Company’s financial instruments are as follows at March 31, 2016 and December 31, 2015 : Carrying Fair Fair Value Measurements at March 31, 2016 (In Thousands) Value Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 47,125 $ 47,125 $ 47,125 $ — $ — Investment securities: Available for sale 153,709 153,709 11,899 141,810 — Trading 60 60 60 — — Loans held for sale 514 514 514 — — Loans, net 1,028,870 1,068,941 — — 1,068,941 Bank-owned life insurance 26,867 26,867 26,867 — — Accrued interest receivable 3,878 3,878 3,878 — — Financial liabilities: Interest-bearing deposits $ 790,219 $ 779,632 $ 558,909 $ — $ 220,723 Noninterest-bearing deposits 269,362 269,362 269,362 — — Short-term borrowings 15,874 15,874 15,874 — — Long-term borrowings 91,025 92,582 — — 92,582 Accrued interest payable 439 439 439 — — Carrying Fair Fair Value Measurements at December 31, 2015 (In Thousands) Value Value Level I Level II Level III Financial assets: Cash and cash equivalents $ 22,796 $ 22,796 $ 22,796 $ — $ — Investment securities: Available for sale 176,157 176,157 16,332 159,825 — Trading 73 73 73 — — Loans held for sale 757 757 757 — — Loans, net 1,033,163 1,045,140 — — 1,045,140 Bank-owned life insurance 26,667 26,667 26,667 — — Accrued interest receivable 3,686 3,686 3,686 — — Financial liabilities: Interest-bearing deposits $ 751,797 $ 729,685 $ 509,206 $ — $ 220,479 Noninterest-bearing deposits 280,083 280,083 280,083 — — Short-term borrowings 46,638 46,638 46,638 — — Long-term borrowings 91,025 91,783 — — 91,783 Accrued interest payable 426 426 426 — —

Stock Options Stock Options (Ta

Stock Options Stock Options (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	A summary of stock option activity is presented below: March 31, 2016 December 31, 2015 Shares Weighted Average Exercise Price Shares Weighted Average Exercise Price Outstanding, beginning of year 34,750 $ 42.03 — $ — Granted — — 38,750 42.03 Exercised — — — — Forfeited (2,250 ) 42.03 (4,000 ) 42.03 Outstanding, end of year 32,500 $ 42.03 34,750 $ 42.03

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Loss - Schedule of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Increase (Decrease} In Accumulated Other Comprehensive Income (Loss), Net Of Tax1 [Roll Forward]
Beginning balance	$ (3,799)	$ (1,667)
Other comprehensive income before reclassifications	1,353	797
Amounts reclassified from accumulated other comprehensive (loss) income	(262)	(436)
Total other comprehensive income	1,091	361
Ending balance	(2,708)	(1,306)
Net Unrealized Gain on Available for Sale Securities
Increase (Decrease} In Accumulated Other Comprehensive Income (Loss), Net Of Tax1 [Roll Forward]
Beginning balance	258	2,930
Other comprehensive income before reclassifications	1,353	797
Amounts reclassified from accumulated other comprehensive (loss) income	(287)	(436)
Total other comprehensive income	1,066	361
Ending balance	1,324	3,291
Defined Benefit Plan
Increase (Decrease} In Accumulated Other Comprehensive Income (Loss), Net Of Tax1 [Roll Forward]
Beginning balance	(4,057)	(4,597)
Other comprehensive income before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive (loss) income	25	0
Total other comprehensive income	25	0
Ending balance	$ (4,032)	$ (4,597)

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Loss - Schedule of Reclassifications out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Reclassifications out of accumulated other comprehensive income
Net securities gains, available for sale	$ 435	$ 661
Salaries and employee benefits	(4,580)	(4,470)
Income tax provision	(882)	(848)
NET INCOME	3,078	3,355
Amount Reclassified from Accumulated Other Comprehensive Loss | Net Unrealized Gain on Available for Sale Securities
Reclassifications out of accumulated other comprehensive income
Net securities gains, available for sale	435	661
Income tax provision	(148)	(225)
NET INCOME	287	436
Amount Reclassified from Accumulated Other Comprehensive Loss | Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent
Reclassifications out of accumulated other comprehensive income
Salaries and employee benefits	(39)	0
Income tax provision	14	0
NET INCOME	$ (25)	$ 0

Per Share Data (Details)

Per Share Data (Details) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Convertible securities which would affect denominator in calculating basic and dilutive earnings per share (in shares)	0
Shares outstanding (in shares)	32,500
Strike price (in dollars per share)	$ 42.03
Weighted average common shares issued (in shares)	5,005,160	5,002,832
Average treasury stock shares (in shares)	(264,657)	(201,327)
Weighted average common shares and common stock equivalents used to calculate basic and diluted earnings per share (in shares)	4,740,503	4,801,505

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Values of Investment Securities Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Available for sale (AFS)
Amortized Cost	$ 151,703	$ 175,766
Gross Unrealized Gains	3,686	3,436
Gross Unrealized Losses	(1,680)	(3,045)
Available for sale	153,709	176,157
Debt securities
Available for sale (AFS)
Amortized Cost	140,378	160,155
Gross Unrealized Gains	2,837	2,266
Gross Unrealized Losses	(1,405)	(2,596)
Available for sale	141,810	159,825
U.S. Government and agency securities
Available for sale (AFS)
Amortized Cost	3,474	3,586
Gross Unrealized Gains	4	0
Gross Unrealized Losses	(2)	(37)
Available for sale	3,476	3,549
Mortgage-backed securities
Available for sale (AFS)
Amortized Cost	9,465	9,785
Gross Unrealized Gains	337	284
Gross Unrealized Losses	(51)	(60)
Available for sale	9,751	10,009
Asset-backed securities
Available for sale (AFS)
Amortized Cost	1,826	1,960
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(33)	(20)
Available for sale	1,793	1,940
State and political securities
Available for sale (AFS)
Amortized Cost	68,533	84,992
Gross Unrealized Gains	2,044	1,797
Gross Unrealized Losses	(2)	(234)
Available for sale	70,575	86,555
Other debt securities
Available for sale (AFS)
Amortized Cost	57,080	59,832
Gross Unrealized Gains	452	185
Gross Unrealized Losses	(1,317)	(2,245)
Available for sale	56,215	57,772
Other equity securities
Available for sale (AFS)
Amortized Cost	11,325	15,611
Gross Unrealized Gains	849	1,170
Gross Unrealized Losses	(275)	(449)
Available for sale	11,899	16,332
Financial institution equity securities
Available for sale (AFS)
Amortized Cost	8,924	10,397
Gross Unrealized Gains	834	1,100
Gross Unrealized Losses	(23)	(14)
Available for sale	9,735	11,483
Other equity securities
Available for sale (AFS)
Amortized Cost	2,401	5,214
Gross Unrealized Gains	15	70
Gross Unrealized Losses	(252)	(435)
Available for sale	$ 2,164	$ 4,849

Investment Securities - Trading

Investment Securities - Trading Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	$ 60	$ 78
Trading securities accumulated gross unrealized gain before tax	0	0
Trading securities accumulated gross unrealized loss before tax	0	(5)
Trading securities fair value	60	73
Financial institution equity securities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	60	78
Trading securities accumulated gross unrealized gain before tax	0	0
Trading securities accumulated gross unrealized loss before tax	0	(5)
Trading securities fair value	60	73
Other equity securities
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized cost	60	78
Trading securities accumulated gross unrealized gain before tax	0	0
Trading securities accumulated gross unrealized loss before tax	0	(5)
Trading securities fair value	$ 60	$ 73

Investment Securities - Gross U

Investment Securities - Gross Unrealized Losses and Fair Value by Investment Category (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment securities
Fair value, less than twelve months	$ 11,456	$ 41,796
Gross unrealized losses, less than twelve months	(308)	(930)
Fair value, twelve months or greater	28,458	29,120
Gross unrealized losses, twelve months or greater	(1,372)	(2,115)
Fair value, total	39,914	70,916
Gross unrealized losses, total	(1,680)	(3,045)
U.S. Government and agency securities
Investment securities
Fair value, less than twelve months	0	0
Gross unrealized losses, less than twelve months	0	0
Fair value, twelve months or greater	1,378	3,549
Gross unrealized losses, twelve months or greater	(2)	(37)
Fair value, total	1,378	3,549
Gross unrealized losses, total	(2)	(37)
Mortgage-backed securities
Investment securities
Fair value, less than twelve months	667	6,081
Gross unrealized losses, less than twelve months	(2)	(60)
Fair value, twelve months or greater	3,723	0
Gross unrealized losses, twelve months or greater	(49)	0
Fair value, total	4,390	6,081
Gross unrealized losses, total	(51)	(60)
Asset-backed securities
Investment securities
Fair value, less than twelve months	1,533	1,626
Gross unrealized losses, less than twelve months	(29)	(16)
Fair value, twelve months or greater	260	314
Gross unrealized losses, twelve months or greater	(4)	(4)
Fair value, total	1,793	1,940
Gross unrealized losses, total	(33)	(20)
State and political securities
Investment securities
Fair value, less than twelve months	1,396	7,345
Gross unrealized losses, less than twelve months	(2)	(47)
Fair value, twelve months or greater	0	1,656
Gross unrealized losses, twelve months or greater	0	(187)
Fair value, total	1,396	9,001
Gross unrealized losses, total	(2)	(234)
Other debt securities
Investment securities
Fair value, less than twelve months	7,419	24,381
Gross unrealized losses, less than twelve months	(158)	(530)
Fair value, twelve months or greater	22,030	22,547
Gross unrealized losses, twelve months or greater	(1,159)	(1,715)
Fair value, total	29,449	46,928
Gross unrealized losses, total	(1,317)	(2,245)
Debt securities
Investment securities
Fair value, less than twelve months	11,015	39,433
Gross unrealized losses, less than twelve months	(191)	(653)
Fair value, twelve months or greater	27,391	28,066
Gross unrealized losses, twelve months or greater	(1,214)	(1,943)
Fair value, total	38,406	67,499
Gross unrealized losses, total	(1,405)	(2,596)
Financial institution equity securities
Investment securities
Fair value, less than twelve months	146	0
Gross unrealized losses, less than twelve months	(4)	0
Fair value, twelve months or greater	48	53
Gross unrealized losses, twelve months or greater	(19)	(14)
Fair value, total	194	53
Gross unrealized losses, total	(23)	(14)
Other equity securities
Investment securities
Fair value, less than twelve months	295	2,363
Gross unrealized losses, less than twelve months	(113)	(277)
Fair value, twelve months or greater	1,019	1,001
Gross unrealized losses, twelve months or greater	(139)	(158)
Fair value, total	1,314	3,364
Gross unrealized losses, total	(252)	(435)
Other equity securities
Investment securities
Fair value, less than twelve months	441	2,363
Gross unrealized losses, less than twelve months	(117)	(277)
Fair value, twelve months or greater	1,067	1,054
Gross unrealized losses, twelve months or greater	(158)	(172)
Fair value, total	1,508	3,417
Gross unrealized losses, total	$ (275)	$ (449)

Investment Securities - Amort38

Investment Securities - Amortized Cost and Fair Value of Debt Securities (Details) $ in Thousands	Mar. 31, 2016USD ($)
Amortized Cost
Amortized Cost - Due in one year or less	$ 1,806
Amortized Cost - Due after one year to five years	31,032
Amortized Cost - Due after five years to ten years	79,232
Amortized Cost - Due after ten years	28,308
Amortized Cost - Total	140,378
Fair Value
Fair Value - Due in one year or less	1,812
Fair Value - Due after one year to five years	31,106
Fair Value - Due after five years to ten years	79,456
Fair Value - Due after ten years	29,436
Fair Value - Total	$ 141,810

Investment Securities - Total G

Investment Securities - Total Gross Proceeds from Sales of Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Gross realized gains and losses
Available-for-sale securities, gross realized gains	$ 557	$ 757
Available-for-sale securities, gross realized losses	122	96
Gross realized gains	65	0
Gross realized losses	25	0
U.S. Government and agency securities
Gross realized gains and losses
Available-for-sale securities, gross realized losses	0	0
State and political securities
Gross realized gains and losses
Available-for-sale securities, gross realized gains	299	396
Available-for-sale securities, gross realized losses	0	22
Other debt securities
Gross realized gains and losses
Available-for-sale securities, gross realized gains	32	74
Available-for-sale securities, gross realized losses	81	32
Financial institution equity securities
Gross realized gains and losses
Available-for-sale securities, gross realized gains	82	155
Gross realized gains	6	0
Gross realized losses	13	0
Other equity securities
Gross realized gains and losses
Available-for-sale securities, gross realized gains	144	132
Available-for-sale securities, gross realized losses	41	42
Gross realized gains	59	0
Gross realized losses	$ 12	$ 0

Investment Securities - Narrati

Investment Securities - Narrative (Details)	3 Months Ended
	Mar. 31, 2016USD ($)security	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Investments, Debt and Equity Securities [Abstract]
Net realized and unrealized gain (loss) on trading securities	$ 40,000
Available for sale securities in unrealized loss, positions number of positions, less than twelve months | security	13
Available for sale securities in unrealized loss, positions number of positions, greater than twelve months | security	20
Proceeds from sales of available for sale securities	$ 19,839,000	$ 15,807,000
Impairment charges	0	$ 0
Investment securities, carrying value	$ 123,691,000		$ 131,089,000

Loans - Additional Information

Loans - Additional Information (Details)	3 Months Ended
	Mar. 31, 2016USD ($)categoryclasscontractcomponent	Mar. 31, 2015USD ($)loancontract	Dec. 31, 2015USD ($)	Jun. 01, 2013USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired financing receivable, unpaid principal balance	$ 17,364,000		$ 16,063,000
Financing receivable individually evaluated for impairment minimum amount	100,000
Individually evaluated for impairment	$ 100,000
Payment delays limit (in days)	90 days
Impaired financing receivable commitment to lend	$ 23,000
Reasonable period to classify from troubled debt restructuring non performing loans to performing loans (in months)	6 months
Number of Contracts | contract		8
Number of contracts | contract	5
Number of loans granted term concessions | loan		2
Loans granted term concessions, amount		$ 97,000
Number of loans granted concessions due to other default | loan		6
Loans granted concessions due to other default, amount		$ 504,000
Recorded investment	$ 9,503,000		9,645,000
Number of categories considered not criticized and rated as, Pass | category	6
Minimum period after which loans are considered as substandard (in days)	90 days
The total number of components that represents the allowance for loan losses | component	2
The number of classes that groups of loans are collectively evaluated for impairment | class	2
Period considered for quarter moving average which used in calculating historical charge off (in months)	36 months
Luzerne National Bank Corporation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fair value				$ 878,000
Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, net	$ 337,000		341,000
Financing receivable, allowance for credit losses	$ 0
Real estate mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of categories in which real estate loans segmented | category	3
Purchased loans | Luzerne National Bank Corporation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired financing receivable, unpaid principal balance				1,211,000
Contractually required payments				1,783,000
Cash flows expected to be collected				941,000
Certain loans acquired in transfer not accounted for as debt securities non accretable yield				842,000
Accretable yield				$ 63,000
Purchased loans | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, net	$ 337,000
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired financing receivable, unpaid principal balance	$ 13,246,000		12,537,000
Number of Contracts | contract		1
Number of contracts | contract	1	1
Recorded investment	$ 239,000	$ 48,000
Commercial | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, net	$ 0		0
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of contracts | contract	3
Recorded investment	$ 173,000
Commercial Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of contracts | contract	1
Recorded investment	$ 103,000
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired financing receivable, unpaid principal balance	3,244,000		2,845,000
Number of Contracts | contract		5
Real estate acquired through foreclosure	126,000		102,000
Mortgage loans in process of foreclosure, amount	938,000		448,000
Residential | Receivables Acquired with Deteriorated Credit Quality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, net	$ 337,000		$ 341,000

Loans - Aging Categories of Loa

Loans - Aging Categories of Loans by Segment (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Aging categories of loans by segment
Current	$ 1,023,725	$ 1,028,966
Past Due 30 To 89 Days	7,292	8,207
Past Due 90 Days Or More & Still Accruing	308	979
Non-Accrual	11,340	8,467
Total	1,042,665	1,046,619
Net deferred loan fees and discounts	(1,413)	(1,412)
Allowance for loan losses	(12,382)	(12,044)	$ (10,826)	$ (10,579)
Current loans, net	1,009,930	1,015,510
Loans, net	1,028,870	1,033,163
Commercial, financial, and agricultural
Aging categories of loans by segment
Current	152,282	162,312
Past Due 30 To 89 Days	317	164
Past Due 90 Days Or More & Still Accruing	0	0
Non-Accrual	292	1,596
Total	152,891	164,072
Allowance for loan losses	(1,254)	(1,532)	(1,478)	(1,124)
Residential
Aging categories of loans by segment
Current	523,897	517,753
Past Due 30 To 89 Days	5,761	6,827
Past Due 90 Days Or More & Still Accruing	308	714
Non-Accrual	1,458	889
Total	531,424	526,183
Allowance for loan losses	(5,123)	(5,116)	(4,227)	(3,755)
Commercial
Aging categories of loans by segment
Current	296,145	295,784
Past Due 30 To 89 Days	802	720
Past Due 90 Days Or More & Still Accruing	0	265
Non-Accrual	9,312	5,770
Total	306,259	302,539
Allowance for loan losses	(4,472)	(4,217)	(3,873)	(4,205)
Construction
Aging categories of loans by segment
Current	25,111	26,545
Past Due 30 To 89 Days	0	67
Past Due 90 Days Or More & Still Accruing	0	0
Non-Accrual	278	212
Total	25,389	26,824
Allowance for loan losses	(147)	(160)	(752)	(786)
Installment loans to individuals
Aging categories of loans by segment
Current	26,290	26,572
Past Due 30 To 89 Days	412	429
Past Due 90 Days Or More & Still Accruing	0	0
Non-Accrual	0	0
Total	26,702	27,001
Allowance for loan losses	$ (264)	$ (243)	$ (193)	$ (245)

Loans - Loans Acquired in Luzer

Loans - Loans Acquired in Luzerne Bank Transaction (Details) - Luzerne National Bank Corporation - Purchased loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding balance	$ 437	$ 441
Carrying amount	$ 337	$ 341

Loans - Interest Income (Detail

Loans - Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest Income That Would Have Been Recorded Based on Original Term and Rate	$ 211	$ 137
Interest Income Recorded on a Cash Basis	79	49
Commercial, financial, and agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest Income That Would Have Been Recorded Based on Original Term and Rate	4	12
Interest Income Recorded on a Cash Basis	1	8
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest Income That Would Have Been Recorded Based on Original Term and Rate	32	5
Interest Income Recorded on a Cash Basis	14	9
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest Income That Would Have Been Recorded Based on Original Term and Rate	169	105
Interest Income Recorded on a Cash Basis	64	25
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest Income That Would Have Been Recorded Based on Original Term and Rate	6	15
Interest Income Recorded on a Cash Basis	$ 0	$ 7

Loans - Recorded Investment, Un

Loans - Recorded Investment, Unpaid Principal Balance, Related Allowance of Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Credit Quality and Related Allowance for Loan Losses
Recorded Investment, With no related allowance recorded	$ 4,776	$ 3,408
Recorded Investment, With an allowance recorded	12,425	12,475
Recorded Investment	17,201	15,883
Unpaid Principal Balance, With no related allowance recorded	4,826	3,458
Unpaid Principal Balance, With an allowance recorded	12,538	12,605
Unpaid Principal Balance	17,364	16,063
Related Allowance	2,556	2,104
Commercial, financial, and agricultural
Credit Quality and Related Allowance for Loan Losses
Recorded Investment, With no related allowance recorded	304	319
Recorded Investment, With an allowance recorded	291	150
Recorded Investment	595	469
Unpaid Principal Balance, With no related allowance recorded	304	319
Unpaid Principal Balance, With an allowance recorded	291	150
Unpaid Principal Balance	595	469
Related Allowance	219	75
Residential
Credit Quality and Related Allowance for Loan Losses
Recorded Investment, With no related allowance recorded	1,598	1,142
Recorded Investment, With an allowance recorded	1,533	1,573
Recorded Investment	3,131	2,715
Unpaid Principal Balance, With no related allowance recorded	1,598	1,142
Unpaid Principal Balance, With an allowance recorded	1,646	1,703
Unpaid Principal Balance	3,244	2,845
Related Allowance	353	376
Commercial
Credit Quality and Related Allowance for Loan Losses
Recorded Investment, With no related allowance recorded	2,595	1,735
Recorded Investment, With an allowance recorded	10,601	10,752
Recorded Investment	13,196	12,487
Unpaid Principal Balance, With no related allowance recorded	2,645	1,785
Unpaid Principal Balance, With an allowance recorded	10,601	10,752
Unpaid Principal Balance	13,246	12,537
Related Allowance	1,984	1,653
Construction
Credit Quality and Related Allowance for Loan Losses
Recorded Investment, With no related allowance recorded	279	212
Recorded Investment, With an allowance recorded	0	0
Recorded Investment	279	212
Unpaid Principal Balance, With no related allowance recorded	279	212
Unpaid Principal Balance, With an allowance recorded	0	0
Unpaid Principal Balance	279	212
Related Allowance	$ 0	$ 0

Loans - Average Recorded Invest

Loans - Average Recorded Investment - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	$ 16,506	$ 18,285
Interest Income Recognized on an Accrual Basis on Impaired Loans	108	88
Interest Income Recognized on a Cash Basis on Impaired Loans	79	44
Commercial, financial, and agricultural
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	533	1,149
Interest Income Recognized on an Accrual Basis on Impaired Loans	4	5
Interest Income Recognized on a Cash Basis on Impaired Loans	1	7
Residential
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	2,899	1,644
Interest Income Recognized on an Accrual Basis on Impaired Loans	22	12
Interest Income Recognized on a Cash Basis on Impaired Loans	14	5
Commercial
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	12,829	14,773
Interest Income Recognized on an Accrual Basis on Impaired Loans	82	71
Interest Income Recognized on a Cash Basis on Impaired Loans	63	25
Construction
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	245	719
Interest Income Recognized on an Accrual Basis on Impaired Loans	0	0
Interest Income Recognized on a Cash Basis on Impaired Loans	$ 1	$ 7

Loans - Loan Modifications (Det

Loans - Loan Modifications (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2015USD ($)contract
Troubled debt restructurings
Number of Contracts | contract	8
Pre-Modification Outstanding Recorded Investment	$ 601
Post-Modification Outstanding Recorded Investment	$ 601
Commercial, financial, and agricultural
Troubled debt restructurings
Number of Contracts | contract	2
Pre-Modification Outstanding Recorded Investment	$ 97
Post-Modification Outstanding Recorded Investment	$ 97
Residential
Troubled debt restructurings
Number of Contracts | contract	5
Pre-Modification Outstanding Recorded Investment	$ 234
Post-Modification Outstanding Recorded Investment	$ 234
Commercial
Troubled debt restructurings
Number of Contracts | contract	1
Pre-Modification Outstanding Recorded Investment	$ 270
Post-Modification Outstanding Recorded Investment	$ 270
Construction
Troubled debt restructurings
Number of Contracts | contract	0
Pre-Modification Outstanding Recorded Investment	$ 0
Post-Modification Outstanding Recorded Investment	$ 0

Loans - Credit Quality Indicato

Loans - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Credit quality categories
Total	$ 1,042,665	$ 1,046,619
Commercial, financial, and agricultural
Credit quality categories
Total	152,891	164,072
Residential
Credit quality categories
Total	531,424	526,183
Commercial
Credit quality categories
Total	306,259	302,539
Construction
Credit quality categories
Total	25,389	26,824
Installment loans to individuals
Credit quality categories
Total	26,702	27,001
Pass
Credit quality categories
Total	1,015,481	1,014,448
Pass | Commercial, financial, and agricultural
Credit quality categories
Total	151,347	160,734
Pass | Residential
Credit quality categories
Total	527,868	522,853
Pass | Commercial
Credit quality categories
Total	284,453	277,248
Pass | Construction
Credit quality categories
Total	25,111	26,612
Pass | Installment loans to individuals
Credit quality categories
Total	26,702	27,001
Special Mention
Credit quality categories
Total	7,619	11,117
Special Mention | Commercial, financial, and agricultural
Credit quality categories
Total	1,238	1,669
Special Mention | Residential
Credit quality categories
Total	808	823
Special Mention | Commercial
Credit quality categories
Total	5,573	8,625
Special Mention | Construction
Credit quality categories
Total	0	0
Special Mention | Installment loans to individuals
Credit quality categories
Total	0	0
Substandard
Credit quality categories
Total	19,565	21,054
Substandard | Commercial, financial, and agricultural
Credit quality categories
Total	306	1,669
Substandard | Residential
Credit quality categories
Total	2,748	2,507
Substandard | Commercial
Credit quality categories
Total	16,233	16,666
Substandard | Construction
Credit quality categories
Total	278	212
Substandard | Installment loans to individuals
Credit quality categories
Total	$ 0	$ 0

Loans - Allowance for Credit Lo

Loans - Allowance for Credit Losses on Financing Receivables (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Allowance for Loan Losses:
Beginning Balance	$ 12,044	$ 10,579
Charge-offs	(51)	(526)
Recoveries	39	73
Provision for loan losses	350	700
Provision	12,382	10,826
Commercial, financial, and agricultural
Allowance for Loan Losses:
Beginning Balance	1,532	1,124
Charge-offs	0	(20)
Recoveries	0	26
Provision for loan losses	(278)	348
Provision	1,254	1,478
Residential
Allowance for Loan Losses:
Beginning Balance	5,116	3,755
Charge-offs	0	(1)
Recoveries	3	24
Provision for loan losses	4	449
Provision	5,123	4,227
Commercial
Allowance for Loan Losses:
Beginning Balance	4,217	4,205
Charge-offs	0	(449)
Recoveries	5	0
Provision for loan losses	250	117
Provision	4,472	3,873
Construction
Allowance for Loan Losses:
Beginning Balance	160	786
Charge-offs	0	0
Recoveries	3	11
Provision for loan losses	(16)	(45)
Provision	147	752
Installment loans to individuals
Allowance for Loan Losses:
Beginning Balance	243	245
Charge-offs	(51)	(56)
Recoveries	28	12
Provision for loan losses	44	(8)
Provision	264	193
Unallocated
Allowance for Loan Losses:
Beginning Balance	776	464
Charge-offs	0	0
Recoveries	0	0
Provision for loan losses	346	(161)
Provision	$ 1,122	$ 303

Loans - Schedule of Concentrati

Loans - Schedule of Concentration Risk (Details) - Owners of rental properties - Financing receivable	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Residential
Concentration Risk [Line Items]
Concentration of loans (as a percent)	16.27%	16.20%
Commercial
Concentration Risk [Line Items]
Concentration of loans (as a percent)	14.27%	14.46%

Loans - Allowance for Loan Loss

Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$ 2,556	$ 2,104
Collectively evaluated for impairment	9,826	9,940
Total ending allowance balance	12,382	12,044	$ 10,826	$ 10,579
Loans:
Individually evaluated for impairment	16,864	15,542
Collectively evaluated for impairment	1,025,464	1,030,736
Total	1,042,665	1,046,619
Commercial, financial, and agricultural
Ending allowance balance attributable to loans:
Individually evaluated for impairment	219	75
Collectively evaluated for impairment	1,035	1,457
Total ending allowance balance	1,254	1,532	1,478	1,124
Loans:
Individually evaluated for impairment	595	469
Collectively evaluated for impairment	152,296	163,603
Total	152,891	164,072
Residential
Ending allowance balance attributable to loans:
Individually evaluated for impairment	353	376
Collectively evaluated for impairment	4,770	4,740
Total ending allowance balance	5,123	5,116	4,227	3,755
Loans:
Individually evaluated for impairment	2,794	2,374
Collectively evaluated for impairment	528,293	523,468
Total	531,424	526,183
Commercial
Ending allowance balance attributable to loans:
Individually evaluated for impairment	1,984	1,653
Collectively evaluated for impairment	2,488	2,564
Total ending allowance balance	4,472	4,217	3,873	4,205
Loans:
Individually evaluated for impairment	13,196	12,487
Collectively evaluated for impairment	293,063	290,052
Total	306,259	302,539
Construction
Ending allowance balance attributable to loans:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	147	160
Total ending allowance balance	147	160	752	786
Loans:
Individually evaluated for impairment	279	212
Collectively evaluated for impairment	25,110	26,612
Total	25,389	26,824
Installment loans to individuals
Ending allowance balance attributable to loans:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	264	243
Total ending allowance balance	264	243	193	245
Loans:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	26,702	27,001
Total	26,702	27,001
Unallocated
Ending allowance balance attributable to loans:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	1,122	776
Total ending allowance balance	1,122	776	$ 303	$ 464
Receivables Acquired with Deteriorated Credit Quality
Loans:
Loans acquired with deteriorated credit quality	337	341
Receivables Acquired with Deteriorated Credit Quality | Commercial, financial, and agricultural
Loans:
Loans acquired with deteriorated credit quality	0	0
Receivables Acquired with Deteriorated Credit Quality | Residential
Loans:
Loans acquired with deteriorated credit quality	337	341
Receivables Acquired with Deteriorated Credit Quality | Commercial
Loans:
Loans acquired with deteriorated credit quality	0	0
Receivables Acquired with Deteriorated Credit Quality | Construction
Loans:
Loans acquired with deteriorated credit quality	0	0
Receivables Acquired with Deteriorated Credit Quality | Installment loans to individuals
Loans:
Loans acquired with deteriorated credit quality	$ 0	$ 0

Net Periodic Benefit Cost-Def52

Net Periodic Benefit Cost-Defined Benefit Plans (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Net periodic benefit cost of the domestic non-contributory defined benefit plan
Service cost	$ 17,000	$ 16,000
Interest cost	193,000	189,000
Expected return on plan assets	(251,000)	(281,000)
Amortization of net loss	39,000	40,000
Net periodic benefit cost	(2,000)	$ (36,000)
Expected contribution to Pension Plan in 2015			$ 500,000
Employer contributions made to the defined benefit plan	250,000
Anticipated additional contributions anticipated during the remainder of 2015	$ 250,000

Employee Stock Purchase Plan (D

Employee Stock Purchase Plan (Details) - Employee Stock Purchase Plan ("Plan") - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Employee Stock Purchase Plan
Number of shares allowed to be purchased by employees	1,000,000
Purchase price of the shares with respect to market value (as a percent)	95.00%
Maximum percentage of base compensation	15.00%
Maximum market value	$ 12,000
Number of shares issued under the plan	550	520

Off Balance Sheet Risk (Details

Off Balance Sheet Risk (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Off Balance Sheet Risk
Contract amounts representing credit risk	$ 260,370	$ 253,245
Commitments to extend credit
Off Balance Sheet Risk
Contract amounts representing credit risk	247,801	241,936
Standby letters of credit
Off Balance Sheet Risk
Contract amounts representing credit risk	$ 5,402	4,786
Coverage period for instrument (in years)	1 year
Credit exposure from the sale of assets with recourse
Off Balance Sheet Risk
Contract amounts representing credit risk	$ 7,167	$ 6,523

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Assets (Details) - Recurring - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value Measurements
Total assets	$ 153,769	$ 176,230
U.S. Government and agency securities
Fair Value Measurements
Total assets		3,549
Mortgage-backed securities
Fair Value Measurements
Total assets		10,009
Asset-backed securities
Fair Value Measurements
Total assets		1,940
State and political securities
Fair Value Measurements
Total assets		86,555
Other debt securities
Fair Value Measurements
Total assets		57,772
Financial institution equity securities
Fair Value Measurements
Total assets		11,483
Other equity securities
Fair Value Measurements
Total assets		4,849
Level I
Fair Value Measurements
Total assets	11,959	16,405
Level I | U.S. Government and agency securities
Fair Value Measurements
Total assets		0
Level I | Mortgage-backed securities
Fair Value Measurements
Total assets		0
Level I | Asset-backed securities
Fair Value Measurements
Total assets		0
Level I | State and political securities
Fair Value Measurements
Total assets		0
Level I | Other debt securities
Fair Value Measurements
Total assets		0
Level I | Financial institution equity securities
Fair Value Measurements
Total assets		11,483
Level I | Other equity securities
Fair Value Measurements
Total assets		4,849
Level II
Fair Value Measurements
Total assets	141,810	159,825
Level II | U.S. Government and agency securities
Fair Value Measurements
Total assets		3,549
Level II | Mortgage-backed securities
Fair Value Measurements
Total assets		10,009
Level II | Asset-backed securities
Fair Value Measurements
Total assets		1,940
Level II | State and political securities
Fair Value Measurements
Total assets		86,555
Level II | Other debt securities
Fair Value Measurements
Total assets		57,772
Level II | Financial institution equity securities
Fair Value Measurements
Total assets		0
Level II | Other equity securities
Fair Value Measurements
Total assets		0
Level III
Fair Value Measurements
Total assets	0	0
Level III | U.S. Government and agency securities
Fair Value Measurements
Total assets		0
Level III | Mortgage-backed securities
Fair Value Measurements
Total assets		0
Level III | Asset-backed securities
Fair Value Measurements
Total assets		0
Level III | State and political securities
Fair Value Measurements
Total assets		0
Level III | Other debt securities
Fair Value Measurements
Total assets		0
Level III | Financial institution equity securities
Fair Value Measurements
Total assets		0
Level III | Other equity securities
Fair Value Measurements
Total assets		0
Available-for-sale Securities | U.S. Government and agency securities
Fair Value Measurements
Total assets	3,476
Available-for-sale Securities | Mortgage-backed securities
Fair Value Measurements
Total assets	9,751
Available-for-sale Securities | Asset-backed securities
Fair Value Measurements
Total assets	1,793
Available-for-sale Securities | State and political securities
Fair Value Measurements
Total assets	70,575
Available-for-sale Securities | Other debt securities
Fair Value Measurements
Total assets	56,215
Available-for-sale Securities | Financial institution equity securities
Fair Value Measurements
Total assets	9,735
Available-for-sale Securities | Other equity securities
Fair Value Measurements
Total assets	2,164
Available-for-sale Securities | Level I | U.S. Government and agency securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level I | Mortgage-backed securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level I | Asset-backed securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level I | State and political securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level I | Other debt securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level I | Financial institution equity securities
Fair Value Measurements
Total assets	9,735
Available-for-sale Securities | Level I | Other equity securities
Fair Value Measurements
Total assets	2,164
Available-for-sale Securities | Level II | U.S. Government and agency securities
Fair Value Measurements
Total assets	3,476
Available-for-sale Securities | Level II | Mortgage-backed securities
Fair Value Measurements
Total assets	9,751
Available-for-sale Securities | Level II | Asset-backed securities
Fair Value Measurements
Total assets	1,793
Available-for-sale Securities | Level II | State and political securities
Fair Value Measurements
Total assets	70,575
Available-for-sale Securities | Level II | Other debt securities
Fair Value Measurements
Total assets	56,215
Available-for-sale Securities | Level II | Financial institution equity securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level II | Other equity securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | U.S. Government and agency securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | Mortgage-backed securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | Asset-backed securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | State and political securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | Other debt securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | Financial institution equity securities
Fair Value Measurements
Total assets	0
Available-for-sale Securities | Level III | Other equity securities
Fair Value Measurements
Total assets	0
Trading Securities | Financial institution equity securities
Fair Value Measurements
Total assets	60	73
Trading Securities | Level I | Financial institution equity securities
Fair Value Measurements
Total assets	60	73
Trading Securities | Level II | Financial institution equity securities
Fair Value Measurements
Total assets	0	0
Trading Securities | Level III | Financial institution equity securities
Fair Value Measurements
Total assets	$ 0	$ 0

Fair Value Measurements - Non-R

Fair Value Measurements - Non-Recurring Assets (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value Measurements
Fair value	$ 16,364	$ 15,475
Level I
Fair Value Measurements
Fair value	0	0
Level II
Fair Value Measurements
Fair value	0	0
Level III
Fair Value Measurements
Fair value	16,364	15,475
Impaired loans
Fair Value Measurements
Fair value	14,645	13,779
Impaired loans | Level I
Fair Value Measurements
Fair value	0	0
Impaired loans | Level II
Fair Value Measurements
Fair value	0	0
Impaired loans | Level III
Fair Value Measurements
Fair value	14,645	13,779
Other real estate owned
Fair Value Measurements
Fair value	1,719	1,696
Other real estate owned | Level I
Fair Value Measurements
Fair value	0	0
Other real estate owned | Level II
Fair Value Measurements
Fair value	0	0
Other real estate owned | Level III
Fair Value Measurements
Fair value	$ 1,719	$ 1,696

Fair Value Measurements - Signi

Fair Value Measurements - Significant Unobservable Inputs (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2016	Dec. 31, 2015
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		$ 16,364	$ 15,475
Impaired loans
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		14,645	13,779
Other real estate owned
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		1,719	1,696
Level III
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		16,364	15,475
Level III | Impaired loans
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		14,645	13,779
Level III | Impaired loans | Discounted cash flow
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		$ 5,370	$ 5,696
Probability of default (as a percent)		0.00%
Level III | Impaired loans | Discounted cash flow | Minimum
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Temporary reduction in payment amount (as a percent)		0.00%	0.00%
Level III | Impaired loans | Discounted cash flow | Maximum
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Temporary reduction in payment amount (as a percent)		(70.00%)	(70.00%)
Level III | Impaired loans | Discounted cash flow | Weighted Average
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Temporary reduction in payment amount (as a percent)		(16.00%)	(17.00%)
Level III | Impaired loans | Appraisal of collateral
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		$ 9,275	$ 8,083
Level III | Impaired loans | Appraisal of collateral | Minimum
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Appraisal adjustments (as a percent)	[1]	0.00%	0.00%
Level III | Impaired loans | Appraisal of collateral | Maximum
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Appraisal adjustments (as a percent)	[1]	(20.00%)	(20.00%)
Level III | Impaired loans | Appraisal of collateral | Weighted Average
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Appraisal adjustments (as a percent)	[1]	(13.00%)	(15.00%)
Level III | Other real estate owned
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value		$ 1,719	$ 1,696
Level III | Other real estate owned | Appraisal of collateral
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Fair value	[1]	$ 1,719	$ 1,696
[1]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.

Fair Value of Financial Instr58

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment securities:
Available for sale	$ 153,709	$ 176,157
Investment securities, trading	60	73
Bank-owned life insurance	26,867	26,667
Accrued interest receivable	3,878	3,686
Financial liabilities:
Interest-bearing deposits	790,219	751,797
Noninterest-bearing deposits	269,362	280,083
Level I
Financial assets:
Cash and cash equivalents	47,125	22,796
Investment securities:
Available for sale	11,899	16,332
Investment securities, trading	60	73
Loans held for sale	514	757
Loans, net	0	0
Bank-owned life insurance	26,867	26,667
Accrued interest receivable	3,878	3,686
Financial liabilities:
Interest-bearing deposits	558,909	509,206
Noninterest-bearing deposits	269,362	280,083
Short-term borrowings	15,874	46,638
Long-term borrowings	0	0
Accrued interest payable	439	426
Level II
Financial assets:
Cash and cash equivalents	0	0
Investment securities:
Available for sale	141,810	159,825
Investment securities, trading	0	0
Loans held for sale	0	0
Loans, net	0	0
Bank-owned life insurance	0	0
Accrued interest receivable	0	0
Financial liabilities:
Interest-bearing deposits	0	0
Noninterest-bearing deposits	0	0
Short-term borrowings	0	0
Long-term borrowings	0	0
Accrued interest payable	0	0
Level III
Financial assets:
Cash and cash equivalents	0	0
Investment securities:
Available for sale	0	0
Investment securities, trading	0	0
Loans held for sale	0	0
Loans, net	1,068,941	1,045,140
Bank-owned life insurance	0	0
Accrued interest receivable	0	0
Financial liabilities:
Interest-bearing deposits	220,723	220,479
Noninterest-bearing deposits	0	0
Short-term borrowings	0	0
Long-term borrowings	92,582	91,783
Accrued interest payable	0	0
Carrying Value
Financial assets:
Cash and cash equivalents	47,125	22,796
Investment securities:
Available for sale	153,709	176,157
Investment securities, trading	60	73
Loans held for sale	514	757
Loans, net	1,028,870	1,033,163
Bank-owned life insurance	26,867	26,667
Accrued interest receivable	3,878	3,686
Financial liabilities:
Interest-bearing deposits	790,219	751,797
Noninterest-bearing deposits	269,362	280,083
Short-term borrowings	15,874	46,638
Long-term borrowings	91,025	91,025
Accrued interest payable	439	426
Fair Value
Financial assets:
Cash and cash equivalents	47,125	22,796
Investment securities:
Available for sale	153,709	176,157
Investment securities, trading	60	73
Loans held for sale	514	757
Loans, net	1,068,941	1,045,140
Bank-owned life insurance	26,867	26,667
Accrued interest receivable	3,878	3,686
Financial liabilities:
Interest-bearing deposits	779,632	729,685
Noninterest-bearing deposits	269,362	280,083
Short-term borrowings	15,874	46,638
Long-term borrowings	92,582	91,783
Accrued interest payable	$ 439	$ 426

Stock Options - Additional Info

Stock Options - Additional Information (Details) - $ / shares	Aug. 27, 2015	Mar. 31, 2016	Dec. 31, 2015
Employee Stock Purchase Plan
Granted (in shares)		0	38,750
Granted (in dollars per share)		$ 0	$ 42.03
Employee Stock Option
Employee Stock Purchase Plan
Granted (in shares)	38,750
Granted (in dollars per share)	$ 42.03
Exercisable period (in years)	5 years
Expiration period (in years)	10 years

Stock Options - Schedule of Opt

Stock Options - Schedule of Options Outstanding (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Options, Outstanding
Outstanding, beginning of year (in shares)	34,750	0
Granted (in shares)	0	38,750
Exercised (in shares)	0	0
Forfeited (in shares)	(2,250)	(4,000)
Outstanding, end of year (in shares)	32,500	34,750
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, weighted average exercise price (in dollars per share)	$ 42.03	$ 42.03	$ 0
Granted (in dollars per share)	0	42.03
Exercised (in dollars per share)	0	0
Forfeited (in dollars per share)	$ 42.03	$ 42.03

Reclassification of Comparati61

Reclassification of Comparative Amounts (Details)	3 Months Ended
	Mar. 31, 2016USD ($)
Reclassification of Comparative Amounts
Effect of reclassification adjustment on net income or shareholders' equity	$ 0