Community Bancorp (CMTV) 10-Q 13 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Community Bancorp /VT	'
Entity Central Index Key	'0000718413	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer	'No	'
Is Entity a Voluntary Filer	'No	'
Is Entity's Reporting Status Current	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	4,916,123
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Assets	'	'	'
Cash and due from banks	$10,834,783	$11,841,161	$13,106,861
Federal funds sold and overnight deposits	17,584	6,488,828	275,130
Total cash and cash equivalents	10,852,367	18,329,989	13,381,991
Securities held-to-maturity (fair value $48,472,000 at 09/30/14 $38,370,000 at 12/31/13 and $39,610,000 at 09/30/13)	48,069,627	37,936,911	39,218,785
Securities available-for-sale	29,167,525	35,188,602	35,452,071
Restricted equity securities, at cost	3,332,450	3,632,850	3,632,850
Loans held-for-sale	326,400	209,500	1,229,490
Loans	443,988,630	439,908,926	431,981,787
Allowance for loan losses	-4,885,791	-4,854,915	-4,799,431
Deferred net loan costs	288,898	300,429	281,747
Net loans	439,391,737	435,354,440	427,464,103
Bank premises and equipment, net	11,628,750	11,723,468	11,913,170
Accrued interest receivable	1,688,893	1,778,305	1,632,971
Bank owned life insurance	4,385,812	4,303,307	4,274,307
Core deposit intangible	886,257	1,090,781	1,158,951
Goodwill	11,574,269	11,574,269	11,574,269
Other real estate owned (OREO)	1,097,820	1,105,525	1,125,105
Other assets	9,816,035	11,439,457	12,036,436
Total assets	572,217,942	573,667,404	564,094,499
Deposits:	'	'	'
Demand, non-interest bearing	87,206,528	82,156,154	80,465,454
Interest-bearing transaction accounts	109,045,395	126,578,052	113,732,525
Money market funds	83,523,024	81,960,677	83,547,315
Savings	77,402,718	69,906,147	70,668,274
Time deposits, $100,000 and over	46,713,827	46,928,443	46,573,680
Other time deposits	70,486,316	74,023,096	75,562,336
Total deposits	474,377,808	481,552,569	470,549,584
Federal funds purchased and other borrowed funds	10,175,000	0	8,325,000
Repurchase agreements	23,360,011	29,644,615	23,685,762
Capital lease obligations	658,838	711,042	727,437
Junior subordinated debentures	12,887,000	12,887,000	12,887,000
Accrued interest and other liabilities	2,658,685	2,736,201	2,666,402
Total liabilities	524,117,342	527,531,427	518,841,185
Shareholders' Equity	'	'	'
Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding ($100,000 liquidation value)	2,500,000	2,500,000	2,500,000
Common stock - $2.50 par value; 15,000,000 shares authorized, 5,125,869 shares issued at 09/30/14, 5,078,707 shares issued at 12/31/13, and 5,064,718 shares issued at 09/30/13	12,814,673	12,696,768	12,661,795
Additional paid-in capital	29,164,252	28,612,308	28,467,277
Retained earnings	6,325,058	4,997,144	4,245,488
Accumulated other comprehensive (loss) income	-80,606	-47,466	1,531
Less: treasury stock, at cost; 210,101 shares at 09/30/14, 12/31/13 and 09/30/13	-2,622,777	-2,622,777	-2,622,777
Total shareholders' equity	48,100,600	46,135,977	45,253,314
Total liabilities and shareholders' equity	$572,217,942	$573,667,404	$564,094,499

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Assets	'	'	'
Securities held-to-maturity, fair value	$48,472,000	$38,370,000	$39,610,000
Shareholder's Equity	'	'	'
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	25	25	25
Preferred stock, shares outstanding (in shares)	25	25	25
Preferred stock liquidation value	$100,000	$100,000	$100,000
Common stock par value (in dollars per share)	$2.50	$2.50	$2.50
Common stock, shares authorized (in shares)	15,000,000	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,125,869	5,078,707	5,064,718
Treasury stock (in shares)	210,101	210,101	210,101

Consolidated_Statements_of_Inc

Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Interest income	'	'	'	'
Interest and fees on loans	$5,410,445	$5,264,044	$16,055,124	$15,916,025
Interest on debt securities	'	'	'	'
Taxable	103,101	80,025	242,485	242,528
Tax-exempt	289,661	248,241	787,631	762,424
Dividends	22,327	14,762	68,637	45,123
Interest on federal funds sold and overnight deposits	3,507	64	7,587	7,933
Total interest income	5,829,041	5,607,136	17,161,464	16,974,033
Interest expense	'	'	'	'
Interest on deposits	622,762	668,327	1,922,736	2,175,469
Interest on federal funds purchased and other borrowed funds	23,603	23,003	62,739	66,939
Interest on repurchase agreements	14,292	26,355	45,275	95,408
Interest on junior subordinated debentures	100,352	101,741	301,545	308,810
Total interest expense	761,009	819,426	2,332,295	2,646,626
Net interest income	5,068,032	4,787,710	14,829,170	14,327,407
Provision for loan losses	135,000	137,500	405,000	463,750
Net interest income after provision for loan losses	4,933,032	4,650,210	14,424,170	13,863,657
Non-interest income	'	'	'	'
Service fees	666,851	702,671	1,972,636	1,889,603
Income from sold loans	226,279	396,770	735,739	1,236,295
Other income from loans	149,444	203,941	415,910	537,630
Net realized gain (loss) on sale of securities available-for-sale	6,010	-5,521	27,838	-5,521
Other income	196,096	242,564	743,280	771,468
Total non-interest income	1,244,680	1,540,425	3,895,403	4,429,475
Non-interest expense	'	'	'	'
Salaries and wages	1,575,000	1,610,697	4,875,000	4,877,483
Employee benefits	481,523	487,384	1,686,221	1,719,128
Occupancy expenses, net	591,665	582,507	1,899,706	1,893,804
Other expenses	1,763,240	1,791,008	5,151,104	5,388,733
Total non-interest expense	4,411,428	4,471,596	13,612,031	13,879,148
Income before income taxes	1,766,284	1,719,039	4,707,542	4,413,984
Income tax expense	389,095	364,106	974,402	778,929
Net income	$1,377,189	$1,354,933	$3,733,140	$3,635,055
Earnings per common share	$0.28	$0.28	$0.75	$0.74
Weighted average number of common shares used in computing earnings per share	4,905,055	4,845,044	4,889,086	4,831,084
Dividends declared per common share	$0.16	$0.14	$0.48	$0.42
Book value per common share outstanding at September 30,	$9.28	$8.81	$9.28	$8.81

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$1,377,189	$1,354,933	$3,733,140	$3,635,055
Other comprehensive (loss) income, net of tax:	'	'	'	'
Unrealized holding (loss) gain on available-for-sale securities arising during the period	-131,794	54,595	-22,374	-263,440
Reclassification adjustment for (gain) loss realized in income	-6,010	5,521	-27,838	5,521
Net change in unrealized loss	-137,804	60,116	-50,212	-257,919
Tax effect	46,853	-20,439	17,072	87,692
Other comprehensive (loss) income, net of tax	-90,951	39,677	-33,140	-170,227
Total comprehensive income	$1,286,238	$1,394,610	$3,700,000	$3,464,828

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash Flows from Operating Activities:	'	'
Net income	$3,733,140	$3,635,055
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization, bank premises and equipment	736,587	767,837
Provision for loan losses	405,000	463,750
Deferred income tax	-112,439	407,080
(Gain) loss on sale of securities available-for-sale	-27,838	5,521
Gain on sale of loans	-341,687	-625,171
Loss (gain) on sale of OREO	1,840	-9,728
Gain on Trust LLC	-224,749	-196,216
Amortization of bond premium, net	193,303	342,865
Write down of OREO	0	19,500
Proceeds from sales of loans held for sale	15,779,107	23,373,876
Originations of loans held for sale	-15,554,320	-22,476,489
Increase in taxes payable	1,321,462	295,808
Decrease in interest receivable	89,412	118,114
Amortization of FDIC insurance assessment	0	775,595
Decrease (increase) in mortgage servicing rights	2,536	-218,167
Decrease (increase) in other assets	210,344	-290,733
Increase in cash surrender value of bank owned life insurance	-82,505	-86,663
Amortization of core deposit intangible	204,525	204,525
Amortization of limited partnerships	443,340	432,256
Decrease (increase) in unamortized loan costs	11,531	-112,246
Decrease in interest payable	-9,932	-19,501
(Decrease) increase in accrued expenses	-113,790	98,794
(Decrease) increase in other liabilities	-12,892	9,991
Net cash provided by operating activities	6,651,975	6,915,653
Cash Flows from Investing Activities:	'	'
Maturities and pay downs	28,095,563	34,247,653
Purchases	-38,228,279	-31,600,883
Investments - available-for-sale Maturities, calls, pay downs and sales	18,516,920	13,095,380
Purchases	-12,711,520	-8,267,697
Proceeds from redemption of restricted equity securities	300,400	388,500
Decrease in limited partnership contributions payable	0	-527,000
Increase in loans, net	-4,784,999	-17,228,066
Capital expenditures net of proceeds from sales of bank premises and equipment	-641,869	-437,687
Proceeds from sales of OREO	288,865	1,331,428
Recoveries of loans charged off	48,171	253,728
Net cash used in investing activities	-9,116,748	-8,744,644
Cash Flows from Financing Activities:	'	'
Net decrease in demand and interest-bearing transaction accounts	-12,482,283	-7,582,283
Net increase in money market and savings accounts	9,058,918	2,025,056
Net (decrease) increase in time deposits	-3,751,396	609,952
Net decrease in repurchase agreements	-6,284,604	-10,463,846
Net increase in short-term borrowings	10,175,000	8,325,000
Proceeds from long-term borrowings	6,000,000	0
Repayments on long-term borrowings	-6,000,000	-6,000,000
Decrease in capital lease obligations	-52,204	-47,264
Dividends paid on preferred stock	-60,938	-60,938
Dividends paid on common stock	-1,615,342	-1,476,535
Net cash used in financing activities	-5,012,849	-14,670,858
Net decrease in cash and cash equivalents	-7,477,622	-16,499,849
Cash and cash equivalents:	'	'
Beginning	18,329,989	29,881,840
Ending	10,852,367	13,381,991
Supplemental Schedule of Cash Paid During the Period	'	'
Interest	2,342,227	2,666,127
Income taxes	-345,087	0
Supplemental Schedule of Noncash Investing and Financing Activities:	'	'
Change in unrealized loss on securities available-for-sale	-50,212	-257,919
Loans transferred to OREO	283,000	1,391,600
Common Shares Dividends Paid	'	'
Dividends declared	2,344,289	2,026,829
Increase in dividends payable attributable to dividends declared	-59,097	-26,616
Dividends reinvested	-669,850	-523,678
Total	$1,615,342	$1,476,535

1_Basis_of_Presentation_and_Co

1. Basis of Presentation and Consolidation	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Note 1. Basis of Presentation and Consolidation	'
	Note 1.  Basis of Presentation and Consolidation
	The interim consolidated financial statements of Community Bancorp. and Subsidiary are unaudited.  All significant intercompany balances and transactions have been eliminated in consolidation.  In the opinion of management, all adjustments necessary for the fair presentation of the financial condition and results of operations of the Company contained herein have been made.  The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2013 contained in the Company's Annual Report on Form 10-K.  The results of operations for the interim period are not necessarily indicative of the results of operations to be expected for the full annual period ending December 31, 2014, or for any other interim period.
	Certain amounts in the 2013 unaudited consolidated income statements have been reclassified to conform to the 2014 presentation.  Reclassifications had no effect on prior period net income or shareholders’ equity.

2_Recent_Accounting_Developmen

2. Recent Accounting Developments	9 Months Ended
	Sep. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Note 2. Recent Accounting Developments	'
	Note 2.  Recent Accounting Developments
	In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects”. The amendments in this Update permit institutions to make accounting policy elections to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the ASU requires the investment to be accounted for as an equity method investment or a cost method investment. The amendments in this Update should be applied retrospectively to all periods presented. A reporting entity that uses the effective yield method to account for its investments in qualified affordable housing projects before the date of adoption may continue to apply the effective yield method for those preexisting investments. The amendments in this ASU are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014.  Early adoption is permitted.  Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.
	In January 2014, FASB issued ASU No. 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Sub Topic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The amendments in this Update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, the amendments require disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure.  The amendments in this Update are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014.  Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.
	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers”. The ASU was issued to clarify the principles for recognizing revenue and to develop a common revenue standard for accounting principles generally accepted in the United States of America (U.S. GAAP) and International Financial Reporting Standards (IFRS).  The ASU is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The Company is currently evaluating the potential impact of the ASU on its consolidated financial statements.
	In June 2014, the FASB issued ASU No. 2014-11, “Transfers and Servicing: Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures”. The ASU was issued to respond to concerns about current accounting and disclosures for repurchase agreements and similar transactions. The concern was that under current accounting guidance there is an unnecessary distinction between the accounting for different types of repurchase agreements. Under current guidance, repurchase-to-maturity transactions are accounted for as sales with forward agreements, whereas repurchase agreements that settle before the maturity of the transferred financial asset are accounted for as secured borrowings. The ASU amendments require new disclosures for repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions accounted for as secure borrowings. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. Management has reviewed the ASU and does not believe it will have a material impact on the Company's consolidated financial statements.

3_Earnings_per_Common_Share

3. Earnings per Common Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Note 3. Earnings per Common Share	'
	Note 3.  Earnings per Common Share
	Earnings per common share amounts are computed based on the weighted average number of shares of common stock issued during the period (retroactively adjusted for stock splits and stock dividends), including Dividend Reinvestment Plan shares issuable upon reinvestment of dividends declared, and reduced for shares held in treasury.
	The following tables illustrate the calculation of earnings per common share for the periods presented, as adjusted for the cash dividends declared on the preferred stock:
		Three Months Ended September 30,
		2014		2013
	Net income, as reported	$	1,377,189	$	1,354,933
	Less: dividends to preferred shareholders		20,313		20,313
	Net income available to common shareholders	$	1,356,876	$	1,334,620
	Weighted average number of common shares
	used in calculating earnings per share		4,905,055		4,845,044
	Earnings per common share	$	0.28	$	0.28
		Nine Months Ended September 30,
		2014		2013
	Net income, as reported	$	3,733,140	$	3,635,055
	Less: dividends to preferred shareholders		60,938		60,938
	Net income available to common shareholders	$	3,672,202	$	3,574,117
	Weighted average number of common shares
	used in calculating earnings per share		4,889,086		4,831,084
	Earnings per common share	$	0.75	$	0.74

4_Investment_Securities

4. Investment Securities	9 Months Ended
	Sep. 30, 2014
Investment Securities	'
Note 4. Investment Securities	'
	Note 4.  Investment Securities
	Securities available-for-sale (AFS) and held-to-maturity (HTM) as of the balance sheet dates consisted of the following:
				Gross		Gross
		Amortized		Unrealized		Unrealized		Fair
	Securities AFS	Cost		Gains		Losses		Value
	30-Sep-14
	U.S. Government sponsored enterprise (GSE) debt securities	$	15,923,726	$	49,645	$	87,490	$	15,885,881
	U.S. Government securities		4,000,608		5,379		3,487		4,002,500
	Agency mortgage-backed securities (Agency MBS)		9,365,322		0		86,178		9,279,144
		$	29,289,656	$	55,024	$	177,155	$	29,167,525
	31-Dec-13
	U.S. GSE debt securities	$	29,220,333	$	114,102	$	195,521	$	29,138,914
	U.S. Government securities		6,040,188		10,955		1,455		6,049,688
		$	35,260,521	$	125,057	$	196,976	$	35,188,602
	30-Sep-13
	U.S. GSE debt securities	$	28,400,765	$	137,888	$	149,042	$	28,389,611
	U.S. Government securities		7,048,987		14,875		1,402		7,062,460
		$	35,449,752	$	152,763	$	150,444	$	35,452,071
				Gross		Gross
		Amortized		Unrealized		Unrealized		Fair
	Securities HTM	Cost		Gains		Losses		Value*
	30-Sep-14
	States and political subdivisions	$	48,069,627	$	402,373	$	0	$	48,472,000
	31-Dec-13
	States and political subdivisions	$	37,936,911	$	433,089	$	0	$	38,370,000
	30-Sep-13
	States and political subdivisions	$	39,218,785	$	391,215	$	0	$	39,610,000
	*Method used to determine fair value of HTM securities rounds values to nearest thousand.
	The scheduled maturities of debt securities AFS were as follows:
		Amortized		Fair
		Cost		Value
	30-Sep-14
	Due in one year or less	$	3,021,863	$	3,033,016
	Due from one to five years		16,902,471		16,855,365
	Agency MBS*		9,365,322		9,279,144
		$	29,289,656	$	29,167,525
	31-Dec-13
	Due in one year or less	$	4,508,181	$	4,510,923
	Due from one to five years		30,752,340		30,677,679
		$	35,260,521	$	35,188,602
	30-Sep-13
	Due in one year or less	$	6,611,216	$	6,621,105
	Due from one to five years		28,838,536		28,830,966
		$	35,449,752	$	35,452,071
	*Because the actual maturities of Agency MBS usually differ from their contractual maturities due to the right of borrowers to prepay the underlying mortgage loans, usually without penalty, those securities are not presented in the table by contractual maturity date.
	The scheduled maturities of debt securities HTM were as follows:
		Amortized		Fair
		Cost		Value*
	30-Sep-14
	Due in one year or less	$	37,097,781	$	37,098,000
	Due from one to five years		4,483,933		4,585,000
	Due from five to ten years		2,460,860		2,561,000
	Due after ten years		4,027,053		4,228,000
		$	48,069,627	$	48,472,000
	31-Dec-13
	Due in one year or less	$	27,615,731	$	27,616,000
	Due from one to five years		3,939,950		4,048,000
	Due from five to ten years		2,592,045		2,700,000
	Due after ten years		3,789,185		4,006,000
		$	37,936,911	$	38,370,000
	30-Sep-13
	Due in one year or less	$	29,860,867	$	29,861,000
	Due from one to five years		3,649,393		3,747,000
Due from five to ten years		2,441,097		2,539,000
Due after ten years		3,267,428		3,463,000
	$	39,218,785	$	39,610,000
*Method used to determine fair value of HTM securities rounds values to nearest thousand.
There were no debt securities HTM in an unrealized loss position as of the balance sheet dates.  Debt securities AFS with unrealized losses as of the balance sheet dates are presented in the table below.
	Less than 12 months				12 months or more				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loss
30-Sep-14
U.S. GSE debt securities	$	3,484,256	$	3,768	$	5,166,278	$	83,722	$	8,650,534	$	87,490
U.S. Government securities		974,375		3,487		0		0		974,375		3,487
Agency MBS		9,279,144		86,178		0		0		9,279,144		86,178
	$	13,737,775	$	93,433	$	5,166,278	$	83,722	$	18,904,053	$	177,155
31-Dec-13
U.S. GSE debt securities	$	11,094,830	$	194,188	$	1,004,235	$	1,333	$	12,099,065	$	195,521
U.S. Government securities		1,034,336		1,455		0		0		1,034,336		1,455
	$	12,129,166	$	195,643	$	1,004,235	$	1,333	$	13,133,401	$	196,976
30-Sep-13
U.S. GSE debt securities	$	9,167,719	$	149,042	$	0	$	0	$	9,167,719	$	149,042
U.S. Government securities		1,038,906		1,402		0		0		1,038,906		1,402
	$	10,206,625	$	150,444	$	0	$	0	$	10,206,625	$	150,444
Debt securities in the table above consisted of seven U.S. GSE debt securities, one U.S. Government security and nine mortgage-backed securities at September 30, 2014, twelve U.S. GSE debt securities and one U.S. Government security at December 31, 2013, and nine U.S. GSE debt securities and one U.S. Government security at September 30, 2013.  The unrealized losses for all periods presented were principally attributable to changes in prevailing interest rates for similar types of securities and not deterioration in the creditworthiness of the issuer.
Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market conditions, or adverse developments relating to the issuer, warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than the carrying value, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment for a period of time sufficient to allow for any anticipated recovery in fair value.  In analyzing an issuer's financial condition, management considers whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies or other adverse developments in the status of the securities have occurred, and the results of reviews of the issuer's financial condition.  As of September 30, 2014, there were no declines in the fair value of any of the securities reflected in the table above that were deemed by management to be other than temporary.

5_Loans_Allowance_for_Loan_Los

5. Loans, Allowance for Loan Losses and Credit Quality	9 Months Ended
	Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]	'
Note 5. Loans, Allowance for Loan Losses and Credit Quality	'
	Note 5.  Loans, Allowance for Loan Losses and Credit Quality
	The composition of net loans as of the balance sheet dates was as follows:
			September 30,				December 31,				September 30,
			2014				2013				2013
	Commercial & industrial		$	63,959,230			$	55,619,285			$	55,500,735
	Commercial real estate			162,275,498				156,935,803				147,280,787
	Residential real estate - 1st lien			165,662,426				172,847,074				174,508,009
	Residential real estate - Jr lien			44,147,861				45,687,405				45,279,400
	Consumer			7,943,615				8,819,359				9,412,856
				443,988,630				439,908,926				431,981,787
	Deduct (add):
	Allowance for loan losses			4,885,791				4,854,915				4,799,431
	Deferred net loan costs			(288,898	)			(300,429	)			(281,747	)
				4,596,893				4,554,486				4,517,684
	Net Loans		$	439,391,737			$	435,354,440			$	427,464,103
	The following is an age analysis of past due loans (including non-accrual), by portfolio segment:
																										90 Days or
							90 Days				Total												Non-Accrual			More
	30-Sep-14		30-89 Days				or More				Past Due				Current				Total Loans				Loans			and Accruing
	Commercial & industrial		$	450,811			$	612,822			$	1,063,633			$	62,895,597			$	63,959,230			$	1,068,390		$	0
	Commercial real estate			1,137,779				48,520				1,186,299				161,089,199				162,275,498				1,754,002			5,313
	Residential real estate - 1st lien			2,230,067				1,239,799				3,469,866				162,192,560				165,662,426				1,740,509			554,327
	Residential real estate - Jr lien			256,212				76,089				332,301				43,815,560				44,147,861				410,187			57,385
	Consumer			55,034				8,859				63,893				7,879,722				7,943,615				0			8,859
	Total		$	4,129,903			$	1,986,089			$	6,115,992			$	437,872,638			$	443,988,630			$	4,973,088		$	625,884
																										90 Days or
							90 Days				Total												Non-Accrual			More
	31-Dec-13		30-89 Days				or More				Past Due				Current				Total Loans				Loans			and Accruing
	Commercial & industrial		$	1,060,971			$	310,669			$	1,371,640			$	54,247,645			$	55,619,285			$	527,105		$	21,902
	Commercial real estate			713,160				215,507				928,667				156,007,136				156,935,803				1,403,541			5,313
	Residential real estate - 1st lien			5,184,457				1,655,950				6,840,407				166,006,667				172,847,074				2,203,106			817,109
	Residential real estate - Jr lien			533,134				289,169				822,303				44,865,102				45,687,405				593,125			56,040
	Consumer			136,922				7,784				144,706				8,674,653				8,819,359				0			7,784
	Total		$	7,628,644			$	2,479,079			$	10,107,723			$	429,801,203			$	439,908,926			$	4,726,877		$	908,148
																										90 Days or
							90 Days				Total												Non-Accrual			More
	30-Sep-13		30-89 Days				or More				Past Due				Current				Total Loans				Loans			and Accruing
	Commercial & industrial		$	75,101			$	269,744			$	344,845			$	55,155,890			$	55,500,735			$	493,272		$	0
	Commercial real estate			982,378				546,252				1,528,630				145,752,157				147,280,787				1,740,350			50,965
	Residential real estate - 1st lien			1,270,029				1,071,400				2,341,429				172,166,580				174,508,009				1,999,274			344,193
	Residential real estate - Jr lien			539,828				223,200				763,028				44,516,372				45,279,400				669,292			62,359
	Consumer			95,907				8,755				104,662				9,308,194				9,412,856				0			8,755
	Total		$	2,963,243			$	2,119,351			$	5,082,594			$	426,899,193			$	431,981,787			$	4,902,188		$	466,272
	For all loan segments, loans over 30 days past due are considered delinquent.
	Allowance for loan losses
	The allowance for loan losses is established through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is probable. Subsequent recoveries, if any, are credited to the allowance.  No changes in the Company’s policies or methodology pertaining to the allowance for loan losses were made during the first nine months of 2014.
	Unsecured loans, primarily consumer loans, are charged off when they become uncollectible and no later than 120 days past due.  Unsecured loans to customers who subsequently file bankruptcy are charged off within 30 days of receipt of the notification of filing or by the end of the month in which the loans become 120 days past due, whichever occurs first.  For secured loans, both residential and commercial, the potential loss on impaired loans is carried as a loan loss reserve specific allocation; the loss portion is charged off when collection of the full loan appears unlikely.  The unsecured portion of a real estate loan is that portion of the loan exceeding the "fair value" of the collateral less the estimated cost to sell. Value of the collateral is determined in accordance with the Company’s appraisal policy.  The unsecured portion of an impaired real estate secured loan is charged off by the end of the month in which the loan becomes 180 days past due.
	As described below, the allowance consists of general, specific and unallocated components.  However, the entire allowance is available to absorb losses in the loan portfolio, regardless of specific, general and unallocated components considered in determining the amount of the allowance.
	General component
	The general component of the allowance for loan losses is based on historical loss experience, adjusted for qualitative factors and stratified by the following loan segments: commercial and industrial, commercial real estate, residential real estate first (“1st”) lien, residential real estate junior (“Jr”) lien and consumer loans. The Company does not disaggregate its portfolio segments further into classes.  Loss ratios are calculated by loan segment for one year, two year and five year look back periods.  The highest loss ratio among these look-back periods is then applied against the respective segment.  Management uses an average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels of and trends in delinquencies and non-performing loans, levels of and trends in loan risk groups, trends in volumes and terms of loans, effects of any changes in loan related policies, experience, ability and the depth of management, documentation and credit data exception levels, national and local economic trends, external factors such as competition and regulation and lastly, concentrations of credit risk in a variety of areas, including portfolio product mix, the level of loans to individual borrowers and their related interests, loans to industry segments, and the geographic distribution of commercial real estate loans. This evaluation is inherently subjective as it requires estimates that are susceptible to revision as more information becomes available.
	The qualitative factors are determined based on the various risk characteristics of each loan segment. The Company has policies, procedures and internal controls that management believes are commensurate with the risk profile of each of these segments.  Major risk characteristics relevant to each portfolio segment are as follows:
	Commercial & Industrial – Loans in this segment include commercial and industrial loans and to a lesser extent loans to finance agricultural production. Commercial loans are made to businesses and are generally secured by assets of the business, including trade assets and equipment. While not the primary collateral, in many cases these loans may also be secured by the real estate of the business. Repayment is expected from the cash flows of the business. A weakened economy, soft consumer spending, unfavorable foreign trade conditions and the rising cost of labor or raw materials are examples of issues that can impact the credit quality in this segment.
	Commercial Real Estate – Loans in this segment are principally made to businesses and are generally secured by either owner-occupied, or non-owner occupied commercial real estate. A relatively small portion of this segment includes farm loans secured by farm land and buildings.  As with commercial and industrial loans, repayment of owner-occupied commercial real estate loans is expected from the cash flows of the business and the segment would be impacted by the same risk factors as commercial and industrial loans. The non-owner occupied commercial real estate portion includes both residential and commercial construction loans, vacant land and real estate development loans, multi-family dwelling loans and commercial rental property loans. Repayment of construction loans is expected from permanent financing takeout; the Company generally requires a commitment or eligibility for the take-out financing prior to construction loan origination. Real estate development loans are generally repaid from the sale of the subject real property as the project progresses. Construction and development lending entail additional risks, including the project exceeding budget, not being constructed according to plans, not receiving permits, or the pre-leasing or occupancy rate not meeting expectations. Repayment of multi-family loans and commercial rental property loans is expected from the cash flow generated by rental payments received from the individuals or businesses occupying the real estate. Commercial real estate loans are impacted by factors such as competitive market forces, vacancy rates, cap rates, net operating incomes, lease renewals and overall economic demand. In addition, loans in the recreational and tourism sector can be affected by weather conditions, such as unseasonably low winter snowfalls. Commercial real estate lending also carries a higher degree of environmental risk than other real estate lending.
	Residential Real Estate - 1st Lien – All loans in this segment are collateralized by first mortgages on 1 – 4 family owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, has an impact on the credit quality of this segment.
	Residential Real Estate – Jr Lien – All loans in this segment are collateralized by junior lien mortgages on 1 – 4 family residential real estate and repayment is primarily dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, has an impact on the credit quality of this segment.
	Consumer – Loans in this segment are made to individuals for consumer and household purposes.  This segment includes both loans secured by automobiles and other consumer goods, as well as loans that are unsecured.  This segment also includes overdrafts, which are extensions of credit made to both individuals and businesses to cover temporary shortages in their deposit accounts and are generally unsecured.  The Company maintains policies restricting the size and term of these extensions of credit.  The overall health of the economy, including unemployment rates, has an impact on the credit quality of this segment.
	Specific component
	The specific component of the allowance for loan losses relates to loans that are impaired.  Impaired loans are loan(s) to a borrower that in the aggregate are greater than $100,000 and that are in non-accrual status or are troubled debt restructurings (“TDR”) regardless of amount.  A specific allowance is established for an impaired loan when its estimated impaired basis is less than the carrying value of the loan.  For all loan segments, except consumer loans, a loan is considered impaired when, based on current information and events, in management’s estimation it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement.  Factors considered by management in determining impairment include payment status, collateral value and probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant or temporary payment delays and payment shortfalls generally are not classified as impaired. Management evaluates the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length and frequency of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis, by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent.
	Impaired loans also include troubled loans that are restructured. A TDR occurs when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that would otherwise not be granted. TDRs may include the transfer of assets to the Company in partial satisfaction of a troubled loan, a modification of a loan’s terms, or a combination of the two.
	Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment evaluation, unless such loans are subject to a restructuring agreement.
	Unallocated component
	An unallocated component of the allowance for loan losses is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component reflects management’s estimate of the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio.
	The following summarizes changes in the allowance for loan losses and select loan information, by portfolio segment:
Three Months Ended September 30, 2014
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
Allowance for loan losses
Beginning balance		$	687,416			$	2,155,738			$	1,337,011			$	294,614			$	84,115			$	317,922		$	4,876,816
Charge-offs			(27,881	)			(24,100	)			(28,382	)			(33,875	)			(24,255	)			0			(138,493	)
Recoveries			3,028				0				1,725				60				7,655				0			12,468
Provision (credit)			11,893				118,614				(22,894	)			23,329				23,252				(19,194	)		135,000
Ending balance		$	674,456			$	2,250,252			$	1,287,460			$	284,128			$	90,767			$	298,728		$	4,885,791
Nine Months Ended September 30, 2014
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
Allowance for loan losses
Beginning balance		$	516,382			$	2,143,398			$	1,452,184			$	366,471			$	105,279			$	271,201		$	4,854,915
Charge-offs			(115,095	)			(154,919	)			(28,382	)			(33,875	)			(90,024	)			0			(422,295	)
Recoveries			5,265				0				12,823				180				29,903				0			48,171
Provision (credit)			267,904				261,773				(149,165	)			(48,648	)			45,609				27,527			405,000
Ending balance		$	674,456			$	2,250,252			$	1,287,460			$	284,128			$	90,767			$	298,728		$	4,885,791
Allowance for loan losses
Evaluated for impairment
Individually		$	21,200			$	62,000			$	45,400			$	0			$	0			$	0		$	128,600
Collectively			653,256				2,188,252				1,242,060				284,128				90,767				298,728			4,757,191
Total		$	674,456			$	2,250,252			$	1,287,460			$	284,128			$	90,767			$	298,728		$	4,885,791
Loans evaluated for impairment
Individually		$	983,044			$	1,728,772			$	947,329			$	334,926			$	0						$	3,994,071
Collectively			62,976,186				160,546,726				164,715,097				43,812,935				7,943,615							439,994,559
Total		$	63,959,230			$	162,275,498			$	165,662,426			$	44,147,861			$	7,943,615						$	443,988,630
Twelve Months Ended December 31, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
Allowance for loan losses
Beginning balance		$	428,381			$	1,536,440			$	1,563,576			$	332,556			$	138,699			$	312,428		$	4,312,080
Charge-offs			(83,344	)			(124,849	)			(56,430	)			(56,797	)			(67,009	)			0			(388,429	)
Recoveries			2,953				185,791				15,819				21,277				35,424				0			261,264
Provision (credit)			168,392				546,016				(70,781	)			69,435				(1,835	)			(41,227	)		670,000
Ending balance		$	516,382			$	2,143,398			$	1,452,184			$	366,471			$	105,279			$	271,201		$	4,854,915
Allowance for loan losses
Evaluated for impairment
Individually		$	27,500			$	147,700			$	99,700			$	76,500			$	0			$	0		$	351,400
Collectively			488,882				1,995,698				1,352,484				289,971				105,279				271,201			4,503,515
Total		$	516,382			$	2,143,398			$	1,452,184			$	366,471			$	105,279			$	271,201		$	4,854,915
Loans evaluated for impairment
Individually		$	373,696			$	1,386,477			$	1,788,793			$	559,250			$	0						$	4,108,216
Collectively			55,245,589				155,549,326				171,058,281				45,128,155				8,819,359							435,800,710
Total		$	55,619,285			$	156,935,803			$	172,847,074			$	45,687,405			$	8,819,359						$	439,908,926
Three Months Ended September 30, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
Allowance for loan losses
Beginning balance		$	515,244			$	1,698,040			$	1,527,962			$	414,161			$	116,248			$	250,524		$	4,522,179
Charge-offs			(42,327	)			(16,913	)			(3,957	)			0				(10,647	)			0			(73,844	)
Recoveries			1,126				185,791				3,128				21,110				2,441				0			213,596
Provision (credit)			4,891				72,698				(14,415	)			81,589				22,894				(30,157	)		137,500
Ending balance		$	478,934			$	1,939,616			$	1,512,718			$	516,860			$	130,936			$	220,367		$	4,799,431
Nine Months Ended September 30, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
Allowance for loan losses
Beginning balance		$	428,381			$	1,536,440			$	1,563,576			$	332,556			$	138,699			$	312,428		$	4,312,080
Charge-offs			(61,614	)			(124,849	)			(7,009	)			0				(36,655	)			0			(230,127	)
Recoveries			2,117				185,791				11,764				21,230				32,826				0			253,728
Provision (credit)			110,050				342,234				(55,613	)			163,074				(3,934	)			(92,061	)		463,750
Ending balance		$	478,934			$	1,939,616			$	1,512,718			$	516,860			$	130,936			$	220,367		$	4,799,431
Allowance for loan losses
Evaluated for impairment
Individually		$	0			$	115,700			$	110,500			$	185,700			$	0			$	0		$	411,900
Collectively			478,934				1,823,916				1,402,218				331,160				130,936				220,367			4,387,531
Total		$	478,934			$	1,939,616			$	1,512,718			$	516,860			$	130,936			$	220,367		$	4,799,431
Loans evaluated for impairment
Individually		$	319,010			$	1,716,870			$	1,734,139			$	669,292			$	0						$	4,439,311
Collectively			55,181,725				145,563,917				172,773,870				44,610,108				9,412,856							427,542,476
Total		$	55,500,735			$	147,280,787			$	174,508,009			$	45,279,400			$	9,412,856						$	431,981,787
Impaired loans, by portfolio segment, were as follows:
		As of September 30, 2014
						Unpaid								Average				Average
		Recorded				Principal				Related				Recorded				Recorded
		Investment				Balance				Allowance				Investment(1)				Investment(2)
With no related allowance recorded
Commercial & industrial		$	726,688			$	772,605			$	0			$	772,852			$	536,388
Commercial real estate			1,305,203				1,414,604				0				1,321,387				1,186,767
Residential real estate - 1st lien			812,609				903,309				0				822,309				1,062,894
Residential real estate - Jr lien			245,666				391,644				0				257,789				193,995
With an allowance recorded
Commercial & industrial			256,356				294,950				21,200				335,613				198,362
Commercial real estate			423,569				439,630				62,000				322,093				299,003
Residential real estate - 1st lien			134,720				163,115				45,400				338,782				339,732
Residential real estate - Jr lien			89,260				0				0				95,062				209,531
Total
Commercial & industrial		$	983,044			$	1,067,555			$	21,200			$	1,108,465			$	734,750
Commercial real estate			1,728,772				1,854,234				62,000				1,643,480				1,485,770
Residential real estate - 1st lien			947,329				1,066,424				45,400				1,161,091				1,402,626
Residential real estate - Jr lien			334,926				391,644				0				352,851				403,526
Total		$	3,994,071			$	4,379,857			$	128,600			$	4,265,887			$	4,026,672
(1) For the Three Months Ended September 30, 2014
(2) For the Nine Months Ended September 30, 2014
						As of December 31, 2013												2013
										Unpaid								Average
						Recorded				Principal				Related				Recorded
						Investment				Balance				Allowance				Investment
With no related allowance recorded
Commercial & industrial						$	314,510			$	363,618			$	0			$	339,519
Commercial real estate							944,845				1,021,143				0				1,325,504
Residential real estate - 1st lien							1,354,432				1,654,023				0				1,088,631
Residential real estate - Jr lien							164,137				228,134				0				64,606
With an allowance recorded
Commercial & industrial							59,186				59,186				27,500				11,837
Commercial real estate							441,632				446,963				147,700				272,174
Residential real estate - 1st lien							434,361				474,496				99,700				515,685
Residential real estate - Jr lien							395,113				429,167				76,500				380,855
Total
Commercial & industrial						$	373,696			$	422,804			$	27,500			$	351,356
Commercial real estate							1,386,477				1,468,106				147,700				1,597,678
Residential real estate - 1st lien							1,788,793				2,128,519				99,700				1,604,316
Residential real estate - Jr lien							559,250				657,301				76,500				445,461
Total						$	4,108,216			$	4,676,730			$	351,400			$	3,998,811
		As of September 30, 2013
						Unpaid								Average				Average
		Recorded				Principal				Related				Recorded				Recorded
		Investment				Balance				Allowance				Investment (1)				Investment (2)
With no related allowance recorded
Commercial & industrial		$	319,010			$	366,022			$	0			$	312,218			$	345,772
Commercial real estate			1,199,398				1,269,979				0				1,085,322				1,420,668
Residential real estate - 1st lien			1,156,159				1,390,485				0				1,026,675				1,022,181
Residential real estate - Jr lien			102,913				110,997				0				63,752				39,723
With an allowance recorded
Commercial & industrial			0				0				0				0				0
Commercial real estate			517,472				517,472				115,700				307,194				229,809
Residential real estate - 1st lien			577,980				657,154				110,500				523,738				536,016
Residential real estate - Jr lien			566,379				595,494				185,700				445,302				377,291
Total
Commercial & industrial		$	319,010			$	366,022			$	0			$	312,218			$	345,772
Commercial real estate			1,716,870				1,787,451				115,700				1,392,516				1,650,477
Residential real estate - 1st lien			1,734,139				2,047,639				110,500				1,550,413				1,558,197
Residential real estate - Jr lien			669,292				706,491				185,700				509,054				417,014
Total		$	4,439,311			$	4,907,603			$	411,900			$	3,764,201			$	3,971,460
(1) For the Three Months Ended September 30, 2013
(2) For the Nine Months Ended September 30, 2013
Interest income recognized on impaired loans was immaterial for all periods presented.
For all loan segments, the accrual of interest is discontinued when a loan is specifically determined to be impaired or when the loan is delinquent 90 days and management believes, after considering collection efforts and other factors, that the borrower's financial condition is such that collection of interest is considered by management to be doubtful.  Any unpaid interest previously accrued on those loans is reversed from income.  Interest income is generally not recognized on specific impaired loans unless the likelihood of further loss is considered by management to be remote.  Interest payments received on impaired loans are generally applied as a reduction of the loan principal balance.  Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are considered by management to be reasonably assured.
As of the balance sheet dates, the Company was not contractually committed to lend additional funds to debtors with impaired, non-accrual or restructured loans.
Credit Quality Grouping
In developing the allowance for loan losses, management uses credit quality grouping to help evaluate trends in credit quality. The Company groups credit risk into Groups A, B and C. The manner the Company utilizes to assign risk grouping is driven by loan purpose. Commercial purpose loans are individually risk graded while the retail portion of the portfolio is generally grouped by delinquency pool.
Group A loans - Acceptable Risk – are loans that are expected to perform as agreed under their respective terms.  Such loans carry a normal level of risk that does not require management attention beyond that warranted by the loan or loan relationship characteristics, such as loan size or relationship size. Group A loans include commercial purpose loans that are individually risk rated and retail loans that are rated by pool. Group A retail loans include both performing consumer and residential real estate loans. Residential real estate loans are loans to individuals secured by 1-4 family homes, including first mortgages, home equity and home improvement loans. Loan balances fully secured by deposit accounts or that are fully guaranteed by the Federal Government are considered acceptable risk.
Group B loans – Management Involved - are loans that require greater attention than the acceptable loans in Group A. Characteristics of such loans may include, but are not limited to, borrowers that are experiencing negative operating trends such as reduced sales or margins, borrowers that have exposure to adverse market conditions such as increased competition or regulatory burden, or borrowers that have had unexpected or adverse changes in management. These loans have a greater likelihood of migrating to an unacceptable risk level if these characteristics are left unchecked. Group B is limited to commercial purpose loans that are individually risk rated.
Group C loans – Unacceptable Risk – are loans that have distinct shortcomings that require a greater degree of management attention.  Examples of these shortcomings include a borrower's inadequate capacity to service debt, poor operating performance, or insolvency.  These loans are more likely to result in repayment through collateral liquidation. Group C loans range from those that are likely to sustain some loss if the shortcomings are not corrected, to those for which loss is imminent and non-accrual treatment is warranted. Group C loans include individually rated commercial purpose loans, and retail loans adversely rated in accordance with the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification Policy. Group C retail loans include 1-4 family residential real estate loans and home equity loans past due 90 days or more with loan-to-value ratios greater than 60%, home equity loans 90 days or more past due where the bank does not hold first mortgage, irrespective of loan-to-value, loans in bankruptcy where repayment is likely but not yet established, and lastly consumer loans that are 90 days or more past due.
Commercial purpose loan ratings are assigned by the commercial account officer; for larger and more complex commercial loans, the credit rating is a collaborative assignment by the lender and the credit analyst. The credit risk rating is based on the borrower's expected performance, i.e., the likelihood that the borrower will be able to service its obligations in accordance with the loan terms. Credit risk ratings are meant to measure risk versus simply record history.  Assessment of expected future payment performance requires consideration of numerous factors.  While past performance is part of the overall evaluation, expected performance is based on an analysis of the borrower's financial strength, and historical and projected factors such as size and financing alternatives, capacity and cash flow, balance sheet and income statement trends, the quality and timeliness of financial reporting, and the quality of the borrower’s management.  Other factors influencing the credit risk rating to a lesser degree include collateral coverage and control, guarantor strength and commitment, documentation, structure and covenants and industry conditions.  There are uncertainties inherent in this process.
Credit risk ratings are dynamic and require updating whenever relevant information is received.  The risk ratings of larger or more complex loans, and Group B and C rated loans, are assessed at the time of their respective annual reviews, during quarterly updates, in action plans or at any other time that relevant information warrants update. Lenders are required to make immediate disclosure to the Chief Credit Officer of any known increase in loan risk, even if considered temporary in nature.
The risk ratings within the loan portfolio, by segment, as of the balance sheet dates were as follows:
As of September 30, 2014
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Total
Group A		$	60,077,761			$	153,398,713			$	162,739,339			$	43,546,848			$	7,934,756			$	427,697,417
Group B			2,717,261				3,447,445				205,415				163,910				0				6,534,031
Group C			1,164,208				5,429,340				2,717,672				437,103				8,859				9,757,182
Total		$	63,959,230			$	162,275,498			$	165,662,426			$	44,147,861			$	7,943,615			$	443,988,630
As of December 31, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Total
Group A		$	51,740,744			$	148,516,895			$	169,771,357			$	44,739,736			$	8,800,365			$	423,569,097
Group B			2,824,169				3,292,200				160,468				460,844				0				6,737,681
Group C			1,054,372				5,126,708				2,915,249				486,825				18,994				9,602,148
Total		$	55,619,285			$	156,935,803			$	172,847,074			$	45,687,405			$	8,819,359			$	439,908,926
As of September 30, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Total
Group A		$	51,937,275			$	139,168,914			$	171,694,502			$	44,144,667			$	9,404,101			$	416,349,459
Group B			2,412,663				3,572,369				175,081				497,992				0				6,658,105
Group C			1,150,797				4,539,504				2,638,426				636,741				8,755				8,974,223
Total		$	55,500,735			$	147,280,787			$	174,508,009			$	45,279,400			$	9,412,856			$	431,981,787
Modifications of Loans and TDRs
A loan is classified as a TDR if, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession to the borrower that it would not otherwise consider.
The Company is deemed to have granted such a concession if it has modified a troubled loan in any of the following ways:
●	Reduced accrued interest;
●	Reduced the original contractual interest rate to a rate that is below the current market rate for the borrower;
●	Converted a variable-rate loan to a fixed-rate loan;
●	Extended the term of the loan beyond an insignificant delay;
●	Deferred or forgiven principal in an amount greater than three months of payments; or
●	Performed a refinancing and deferred or forgiven principal on the original loan.
An insignificant delay or insignificant shortfall in the amount of payments typically would not require the loan to be accounted for as a TDR.  However, pursuant to regulatory guidance, any payment delay longer than three months is generally not considered insignificant. Management’s assessment of whether a concession has been granted also takes into account payments expected to be received from third parties, including third-party guarantors, provided that the third party has the ability to perform on the guarantee.
The Company’s TDRs are principally a result of extending loan repayment terms to relieve cash flow difficulties. The Company has only, on a limited basis, reduced interest rates for borrowers below the current market rate for the borrower.  The Company has not forgiven principal or reduced accrued interest within the terms of original restructurings, nor has it converted variable rate terms to fixed rate terms.  However, the Company evaluates each TDR situation on its own merits and does not foreclose the granting of any particular type of concession.
TDRs, by portfolio segment, for the periods presented were as follows:
		Three Months Ended September 30, 2014											Nine Months Ended September 30, 2014
					Pre-				Post-							Pre-				Post-
					Modification				Modification							Modification				Modification
					Outstanding				Outstanding							Outstanding				Outstanding
		Number of			Recorded				Recorded				Number of			Recorded				Recorded
		Contracts			Investment				Investment				Contracts			Investment				Investment
Residential real estate
1st lien		2			$	432,573			$	436,963			8			$	913,471			$	947,700
		Twelve Months Ended December 31, 2013
					Pre-				Post-
					Modification				Modification
					Outstanding				Outstanding
		Number of			Recorded				Recorded
		Contracts			Investment				Investment
Residential real estate - 1st lien		4			$	321,406			$	330,266
Residential real estate - Jr lien		1				23,425				23,425
Total		5			$	344,831			$	353,691
There were no TDR’s for the three months ended September 30, 2013.
		Nine Months Ended September 30, 2013
					Pre-				Post-
					Modification				Modification
					Outstanding				Outstanding
		Number of			Recorded				Recorded
		Contracts			Investment				Investment
Residential real estate - Jr lien		1			$	23,425			$	23,425
There were no TDRs for which there was a payment default under the restructured terms during the twelve month period ended September 30, 2013.  The TDR’s for which there was a payment default during the twelve month period ended September 30, 2014 were as follows:
		Number of			Recorded
		Contracts			Investment
Residential real estate - 1st lien		5			$	438,428
TDRs are treated as other impaired loans and carry individual specific reserves with respect to the calculation of the allowance for loan losses.  These loans are categorized as non-performing, may be past due, and are generally adversely risk rated. The TDRs that have defaulted under their restructured terms are generally in collection status and their reserve is typically calculated using the fair value of collateral method. The allowance related to TDRs was $6,600 at September 30, 2014, $5,800 at December 31, 2013, and $0 at September 30, 2013.
At September 30, 2014, the Company did not have any commitments to lend additional funds to borrowers with loans classified as TDRs.

6_Goodwill_and_Other_Intangibl

6. Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Note 6. Goodwill and Other Intangible Assets	'
	Note 6.  Goodwill and Other Intangible Assets
	As a result of the merger with LyndonBank on December 31, 2007, the Company recorded goodwill amounting to $11,574,269.  The goodwill is not amortizable and is not deductible for tax purposes.
	The Company also recorded $4,161,000 of acquired identified intangible assets representing the core deposit intangible which is subject to amortization as a non-interest expense over a ten year period.  The accumulated amortization expense was $3,274,743 and $3,002,049 as of September 30, 2014 and 2013, respectively.
	Amortization expense for the core deposit intangible for the first nine months of 2014 and 2013 was $204,525.  As of September 30, 2014, the remaining annual amortization expense related to the core deposit intangible, absent any future impairment, is expected to be as follows:
	2014	$	68,170
	2015		272,695
	2016		272,695
	2017		272,697
	Total remaining core deposit intangible	$	886,257
	Management evaluates goodwill for impairment annually and the core deposit intangible for impairment if conditions warrant.  As of the date of the most recent evaluation (December 31, 2013), management concluded that no impairment existed in either category.

7_Fair_Value

7. Fair Value	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Note 7. Fair Value	'
	Note 7.  Fair Value
	Certain assets and liabilities are recorded at fair value to provide additional insight into the Company’s quality of earnings. The fair values of some of these assets and liabilities are measured on a recurring basis while others are measured on a non-recurring basis, with the determination based upon applicable existing accounting pronouncements. For example, securities available-for-sale are recorded at fair value on a recurring basis. Other assets, such as mortgage servicing rights, loans held-for-sale, impaired loans, and OREO are recorded at fair value on a non-recurring basis using the lower of cost or market methodology to determine impairment of individual assets. The Company groups assets and liabilities which are recorded at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. The level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement (with Level 1 considered highest and Level 3 considered lowest). A brief description of each level follows.
	Level 1	Quoted prices in active markets for identical assets or liabilities.  Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an active exchange market, as well as U.S. Treasury, other U.S. Government debt securities that are highly liquid and are actively traded in over-the-counter markets.
	Level 2	Observable inputs other than Level 1 prices such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.  Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data.  This category generally includes mortgage servicing rights, impaired loans and OREO.
	Level 3	Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.  Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.
	The following methods and assumptions were used by the Company in estimating its fair value measurements and disclosures:
	Cash and cash equivalents:  The carrying amounts reported in the balance sheet for cash and cash equivalents approximate their fair values.  As such, the Company classifies these financial instruments as Level 1.
	Securities Available-for-Sale and Held-to-Maturity: Fair value measurement is based upon quoted prices for similar assets, if available. If quoted prices are not available, fair values are measured using matrix pricing models, or other model-based valuation techniques requiring observable inputs other than quoted prices such as yield curves, prepayment speeds and default rates.  Level 1 securities would include U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets.  Level 2 securities include federal agency securities and securities of local municipalities.
	Restricted equity securities:  Restricted equity securities are comprised of Federal Reserve Bank of Boston (FRBB) stock and Federal Home Loan Bank of Boston (FHLBB) stock.  These securities are carried at cost, which is believed to approximate fair value, based on the redemption provisions of the FRBB and the FHLBB.  The stock is nonmarketable, and redeemable at par value, subject to certain conditions.  As such the Company classifies these securities as Level 2.
	Loans and loans held-for-sale:  For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying amounts.  The fair values for other loans (for example, fixed rate residential, commercial real estate, and rental property mortgage loans, and commercial and industrial loans) are estimated using discounted cash flow analyses, based on interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Loan fair value estimates include judgments regarding future expected loss experience and risk characteristics.  Loan impairment is deemed to exist when full repayment of principal and interest according to the contractual terms of the loan is no longer probable.  Impaired loans are reported based on one of three measures: the present value of expected future cash flows discounted at the loan’s effective interest rate; the loan’s observable market price; or the fair value of the collateral if the loan is collateral dependent.  If the fair value is less than an impaired loan’s recorded investment, an impairment loss is recognized as part of the allowance for loan losses.  Accordingly, certain impaired loans may be subject to measurement at fair value on a non-recurring basis.  Management has estimated the fair values of these assets using Level 2 inputs, such as the fair value of collateral based on independent third-party appraisals for collateral-dependent loans.  All other loans are valued using Level 3 inputs.
	The fair value of loans held-for-sale is based upon an actual purchase and sale agreement between the Company and an independent market participant.  The sale is executed within a reasonable period following quarter end at the stated fair value.
	Mortgage servicing rights:  Mortgage servicing rights represent the value associated with servicing residential mortgage loans. Servicing assets and servicing liabilities are reported using the amortization method. In evaluating the carrying values of mortgage servicing rights, the Company obtains third party valuations based on loan level data including note rate, and the type and term of the underlying loans. As such, the Company classifies mortgage servicing rights as non-recurring Level 2.
	OREO:  Real estate acquired through or in lieu of foreclosure and bank properties no longer used as bank premises are initially recorded at fair value. The fair value of OREO is based on property appraisals and an analysis of similar properties currently available. As such, the Company records OREO as non-recurring Level 2.
	Deposits, federal funds purchased and borrowed funds:  The fair values disclosed for demand deposits (for example, checking accounts, savings accounts and repurchase agreements) are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The fair values for certificates of deposit and borrowed funds are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates and indebtedness to a schedule of aggregated contractual maturities on such time deposits and indebtedness.  As such the Company classifies deposits, federal funds purchased and borrowed funds as Level 2.
	Capital lease obligations:  Fair value is determined using a discounted cash flow calculation using current rates.  Based on current rates, carrying value approximates fair value.  As such the Company classifies these obligations as Level 2.
	Junior subordinated debentures:  Fair value is estimated using current rates for debentures of similar maturity.  As such the Company classifies these instruments as Level 2.
	Accrued interest:  The carrying amounts of accrued interest approximate their fair values.  As such the Company classifies accrued interest as Level 2.
	Off-balance-sheet credit related instruments:  Commitments to extend credit are evaluated and fair value is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present credit-worthiness of the counterparties.  For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates.
	FASB Accounting Standards Codification (ASC) Topic 825 “Financial Instruments”, requires disclosures of fair value information about financial instruments, whether or not recognized in the balance sheet, if the fair values can be reasonably determined. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques using observable inputs when available. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Topic 825 excludes certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company.
	Assets and Liabilities Recorded at Fair Value on a Recurring Basis
	Assets measured at fair value on a recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:
	30-Sep-14		Level 1		Level 2		Total
	Assets: (market approach)
	U.S. GSE debt securities		$	0	$	15,885,881	$	15,885,881
	U.S. Government securities			4,002,500		0		4,002,500
	Agency MBS			0		9,279,144		9,279,144
	31-Dec-13
	Assets: (market approach)
	U.S. GSE debt securities		$	0	$	29,138,914	$	29,138,914
	U.S. Government securities			6,049,688		0		6,049,688
	30-Sep-13
	Assets: (market approach)
	U.S. GSE debt securities		$	0	$	28,389,611	$	28,389,611
	U.S. Government securities			7,062,460		0		7,062,460
	There were no transfers between Levels 1 and 2 for the periods presented.  There were no Level 3 assets or liabilities measured on a recurring basis as of the balance sheet dates presented.
	Assets and Liabilities Recorded at Fair Value on a Non-Recurring Basis
	The following table includes assets measured at fair value on a non-recurring basis that have had a fair value adjustment since their initial recognition. Impaired loans measured at fair value only include impaired loans with a related specific allowance for loan losses and are presented net of specific allowances as disclosed in Note 5.
	Assets measured at fair value on a non-recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:
	30-Sep-14		Level 2
	Assets: (market approach)
	Residential mortgage servicing rights		$	1,326,543
	Impaired loans, net of related allowance			775,305
	OREO			1,097,820
	31-Dec-13
	Assets: (market approach)
	Residential mortgage servicing rights		$	1,329,079
	Impaired loans, net of related allowance			978,892
	OREO			1,105,525
	30-Sep-13
	Assets: (market approach)
	Residential mortgage servicing rights		$	1,227,790
	Impaired loans, net of related allowance			1,249,931
	OREO			1,125,105
	There were no Level 1 or Level 3 assets or liabilities measured on a non-recurring basis as of the balance sheet dates presented.
	The estimated fair values of commitments to extend credit and letters of credit were immaterial as of the dates presented in the tables below.  The estimated fair values of the Company's financial instruments were as follows:
	30-Sep-14				Fair		Fair		Fair		Fair
			Carrying		Value		Value		Value		Value
			Amount		Level 1		Level 2		Level 3		Total
			(Dollars in Thousands)
	Financial assets:
	Cash and cash equivalents		$	10,852	$	10,852	$	0	$	0	$	10,852
	Securities held-to-maturity			48,070		0		48,472		0		48,472
	Securities available-for-sale			29,168		4,003		25,165		0		29,168
Restricted equity securities			3,332		0		3,332		0		3,332
Loans and loans held-for-sale
Commercial & industrial			63,242		0		962		63,697		64,659
Commercial real estate			159,916		0		1,667		163,360		165,027
Residential real estate - 1st lien			164,589		0		901		168,133		169,034
Residential real estate - Jr lien			43,834		0		335		44,446		44,781
Consumer			7,848		0		0		8,239		8,239
Mortgage servicing rights			1,327		0		1,561		0		1,561
Accrued interest receivable			1,689		0		1,689		0		1,689
Financial liabilities:
Deposits
Other deposits			454,629		0		455,002		0		455,002
Brokered deposits			19,749		0		19,751		0		19,751
Federal funds purchased and short-term borrowings			10,175		0		10,175		0		10,175
Repurchase agreements			23,360		0		23,360		0		23,360
Capital lease obligations			659		0		659		0		659
Subordinated debentures			12,887		0		12,870		0		12,870
Accrued interest payable			65		0		65		0		65
31-Dec-13				Fair		Fair		Fair		Fair
		Carrying		Value		Value		Value		Value
		Amount		Level 1		Level 2		Level 3		Total
		(Dollars in Thousands)
Financial assets:
Cash and cash equivalents		$	18,330	$	18,330	$	0	$	0	$	18,330
Securities held-to-maturity			37,937		0		38,370		0		38,370
Securities available-for-sale			35,189		6,050		29,139		0		35,189
Restricted equity securities			3,633		0		3,633		0		3,633
Loans and loans held-for-sale
Commercial & industrial			55,069		0		346		56,035		56,381
Commercial real estate			154,696		0		1,239		157,843		159,082
Residential real estate - 1st lien			171,498		0		1,689		174,776		176,465
Residential real estate - Jr lien			45,292		0		483		45,785		46,268
Consumer			8,708		0		0		9,130		9,130
Mortgage servicing rights			1,329		0		1,608		0		1,608
Accrued interest receivable			1,778		0		1,778		0		1,778
Financial liabilities:
Deposits
Other deposits			463,160		0		464,220		0		464,220
Brokered deposits			18,393		0		18,401		0		18,401
Repurchase agreements			29,645		0		29,645		0		29,645
Capital lease obligations			711		0		711		0		711
Subordinated debentures			12,887		0		12,880		0		12,880
Accrued interest payable			75		0		75		0		75
30-Sep-13				Fair		Fair		Fair		Fair
		Carrying		Value		Value		Value		Value
		Amount		Level 1		Level 2		Level 3		Total
		(Dollars in Thousands)
Financial assets:
Cash and cash equivalents		$	13,382	$	13,382	$	0	$	0	$	13,382
Securities held-to-maturity			39,219		0		39,610		0		39,610
Securities available-for-sale			35,452		7,062		28,390		0		35,452
Restricted equity securities			3,633		0		3,633		0		3,633
Loans and loans held-for-sale
Commercial & industrial			54,994		0		319		56,038		56,357
Commercial real estate			145,266		0		1,601		148,401		150,002
Residential real estate - 1st lien			174,135		0		1,624		177,800		179,424
Residential real estate - Jr lien			44,739		0		483		45,272		45,755
Consumer			9,278		0		0		9,742		9,742
Mortgage servicing rights			1,228		0		1,228		0		1,228
Accrued interest receivable			1,633		0		1,633		0		1,633
Financial liabilities:
Deposits
Other deposits			454,521		0		455,772		0		455,772
Brokered deposits			16,029		0		16,038		0		16,038
Federal funds purchased and short-term borrowings			8,325		0		8,325		0		8,325
Long-term borrowings			0		0		0		0		0
Repurchase agreements			23,686		0		23,686		0		23,686
Capital lease obligations			727		0		727		0		727
Subordinated debentures			12,887		0		12,872		0		12,872
Accrued interest payable			73		0		73		0		73

8_Loan_Servicing

8. Loan Servicing	9 Months Ended
	Sep. 30, 2014
Transfers and Servicing of Financial Assets [Abstract]	'
Note 8. Loan Servicing	'
	Note 8.  Loan Servicing
	The following table shows the changes in the carrying amount of the mortgage servicing rights, included in other assets on the consolidated balance sheets, for the periods indicated:
		September 30,			December 31,			September 30,
		2014			2013			2013
	Balance at beginning of year	$	1,329,079		$	1,009,623		$	1,009,623
	Mortgage servicing rights capitalized		166,295			274,253			215,196
	Mortgage servicing rights amortized		(186,441	)		(317,865	)		(259,697	)
	Change in valuation allowance		17,610			363,068			262,668
	Balance at end of period	$	1,326,543		$	1,329,079		$	1,227,790

9_Legal_Proceedings

9. Legal Proceedings	9 Months Ended
	Sep. 30, 2014
Legal Proceedings	'
Note 9. Legal Proceedings	'
	Note 9.  Legal Proceedings
	In the normal course of business the Company and its subsidiary are involved in litigation that is considered incidental to their business.  Management does not expect that any such litigation will be material to the Company's consolidated financial condition or results of operations.

10_Subsequent_Event

10. Subsequent Event	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Note 10. Subsequent Event	'
	Note 10.  Subsequent Event
	The Company has evaluated events and transactions through the date that the financial statements were issued for potential recognition or disclosure in these financial statements, as required by GAAP.  On September 23, 2014, the Company declared a cash dividend of $0.16 per common share payable November 1, 2014 to shareholders of record as of October 15, 2014. This dividend, amounting to $783,979, was accrued at September 30, 2014.

1_Basis_of_Presentation_and_Co1

1. Basis of Presentation and Consolidation (Policies)	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation and Consolidation	'
	The interim consolidated financial statements of Community Bancorp. and Subsidiary are unaudited.  All significant intercompany balances and transactions have been eliminated in consolidation.  In the opinion of management, all adjustments necessary for the fair presentation of the financial condition and results of operations of the Company contained herein have been made.  The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2013 contained in the Company's Annual Report on Form 10-K.  The results of operations for the interim period are not necessarily indicative of the results of operations to be expected for the full annual period ending December 31, 2014, or for any other interim period.
	Certain amounts in the 2013 unaudited consolidated income statements have been reclassified to conform to the 2014 presentation.  Reclassifications had no effect on prior period net income or shareholders’ equity.
Recent Accounting Developments	'
	In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects”. The amendments in this Update permit institutions to make accounting policy elections to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the ASU requires the investment to be accounted for as an equity method investment or a cost method investment. The amendments in this Update should be applied retrospectively to all periods presented. A reporting entity that uses the effective yield method to account for its investments in qualified affordable housing projects before the date of adoption may continue to apply the effective yield method for those preexisting investments. The amendments in this ASU are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014.  Early adoption is permitted.  Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.
	In January 2014, FASB issued ASU No. 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Sub Topic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The amendments in this Update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, the amendments require disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure.  The amendments in this Update are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014.  Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.
	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers”. The ASU was issued to clarify the principles for recognizing revenue and to develop a common revenue standard for accounting principles generally accepted in the United States of America (U.S. GAAP) and International Financial Reporting Standards (IFRS).  The ASU is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The Company is currently evaluating the potential impact of the ASU on its consolidated financial statements.
	In June 2014, the FASB issued ASU No. 2014-11, “Transfers and Servicing: Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures”. The ASU was issued to respond to concerns about current accounting and disclosures for repurchase agreements and similar transactions. The concern was that under current accounting guidance there is an unnecessary distinction between the accounting for different types of repurchase agreements. Under current guidance, repurchase-to-maturity transactions are accounted for as sales with forward agreements, whereas repurchase agreements that settle before the maturity of the transferred financial asset are accounted for as secured borrowings. The ASU amendments require new disclosures for repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions accounted for as secure borrowings. The ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. Management has reviewed the ASU and does not believe it will have a material impact on the Company's consolidated financial statements.

3_Earnings_per_Common_Share_Ta

3. Earnings per Common Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
3. Schedule Of Earnings Per Share	'
	The following tables illustrate the calculation of earnings per common share for the periods presented, as adjusted for the cash dividends declared on the preferred stock:
		Three Months Ended September 30,
		2014		2013
	Net income, as reported	$	1,377,189	$	1,354,933
	Less: dividends to preferred shareholders		20,313		20,313
	Net income available to common shareholders	$	1,356,876	$	1,334,620
	Weighted average number of common shares
	used in calculating earnings per share		4,905,055		4,845,044
	Earnings per common share	$	0.28	$	0.28
		Nine Months Ended September 30,
		2014		2013
	Net income, as reported	$	3,733,140	$	3,635,055
	Less: dividends to preferred shareholders		60,938		60,938
	Net income available to common shareholders	$	3,672,202	$	3,574,117
	Weighted average number of common shares
	used in calculating earnings per share		4,889,086		4,831,084
	Earnings per common share	$	0.75	$	0.74

4_Investment_Securities_Tables

4. Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2014
Investment Securities	'
Schedule Of Available For Sale Securities	'
	Securities available-for-sale (AFS) and held-to-maturity (HTM) as of the balance sheet dates consisted of the following:
				Gross		Gross
		Amortized		Unrealized		Unrealized		Fair
	Securities AFS	Cost		Gains		Losses		Value
	30-Sep-14
	U.S. Government sponsored enterprise (GSE) debt securities	$	15,923,726	$	49,645	$	87,490	$	15,885,881
	U.S. Government securities		4,000,608		5,379		3,487		4,002,500
	Agency mortgage-backed securities (Agency MBS)		9,365,322		0		86,178		9,279,144
		$	29,289,656	$	55,024	$	177,155	$	29,167,525
	31-Dec-13
	U.S. GSE debt securities	$	29,220,333	$	114,102	$	195,521	$	29,138,914
	U.S. Government securities		6,040,188		10,955		1,455		6,049,688
		$	35,260,521	$	125,057	$	196,976	$	35,188,602
	30-Sep-13
	U.S. GSE debt securities	$	28,400,765	$	137,888	$	149,042	$	28,389,611
	U.S. Government securities		7,048,987		14,875		1,402		7,062,460
		$	35,449,752	$	152,763	$	150,444	$	35,452,071
Schedule Of Held to Maturity Securities	'
				Gross		Gross
		Amortized		Unrealized		Unrealized		Fair
	Securities HTM	Cost		Gains		Losses		Value*
	30-Sep-14
	States and political subdivisions	$	48,069,627	$	402,373	$	0	$	48,472,000
	31-Dec-13
	States and political subdivisions	$	37,936,911	$	433,089	$	0	$	38,370,000
	30-Sep-13
	States and political subdivisions	$	39,218,785	$	391,215	$	0	$	39,610,000
	*Method used to determine fair value of HTM securities rounds values to nearest thousand.
Schedule of Maturities of Debt Securities Available for Sale	'
	The scheduled maturities of debt securities AFS were as follows:
		Amortized		Fair
		Cost		Value
	30-Sep-14
	Due in one year or less	$	3,021,863	$	3,033,016
	Due from one to five years		16,902,471		16,855,365
	Agency MBS*		9,365,322		9,279,144
		$	29,289,656	$	29,167,525
	31-Dec-13
	Due in one year or less	$	4,508,181	$	4,510,923
	Due from one to five years		30,752,340		30,677,679
		$	35,260,521	$	35,188,602
	30-Sep-13
	Due in one year or less	$	6,611,216	$	6,621,105
	Due from one to five years		28,838,536		28,830,966
		$	35,449,752	$	35,452,071
	*Because the actual maturities of Agency MBS usually differ from their contractual maturities due to the right of borrowers to prepay the underlying mortgage loans, usually without penalty, those securities are not presented in the table by contractual maturity date.
Schedule Of Maturities of Debt Securities Held to Maturity	'
	The scheduled maturities of debt securities HTM were as follows:
		Amortized		Fair
		Cost		Value*
	30-Sep-14
	Due in one year or less	$	37,097,781	$	37,098,000
	Due from one to five years		4,483,933		4,585,000
	Due from five to ten years		2,460,860		2,561,000
	Due after ten years		4,027,053		4,228,000
		$	48,069,627	$	48,472,000
	31-Dec-13
	Due in one year or less	$	27,615,731	$	27,616,000
	Due from one to five years		3,939,950		4,048,000
	Due from five to ten years		2,592,045		2,700,000
	Due after ten years		3,789,185		4,006,000
		$	37,936,911	$	38,370,000
	30-Sep-13
	Due in one year or less	$	29,860,867	$	29,861,000
	Due from one to five years		3,649,393		3,747,000
	Due from five to ten years		2,441,097		2,539,000
	Due after ten years		3,267,428		3,463,000
		$	39,218,785	$	39,610,000
	*Method used to determine fair value of HTM securities rounds values to nearest thousand.
Schedule Of Unrealized Loss	'
	There were no debt securities HTM in an unrealized loss position as of the balance sheet dates.  Debt securities AFS with unrealized losses as of the balance sheet dates are presented in the table below.
		Less than 12 months				12 months or more				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Loss		Value		Loss		Value		Loss
	30-Sep-14
	U.S. GSE debt securities	$	3,484,256	$	3,768	$	5,166,278	$	83,722	$	8,650,534	$	87,490
	U.S. Government securities		974,375		3,487		0		0		974,375		3,487
	Agency MBS		9,279,144		86,178		0		0		9,279,144		86,178
		$	13,737,775	$	93,433	$	5,166,278	$	83,722	$	18,904,053	$	177,155
	31-Dec-13
	U.S. GSE debt securities	$	11,094,830	$	194,188	$	1,004,235	$	1,333	$	12,099,065	$	195,521
	U.S. Government securities		1,034,336		1,455		0		0		1,034,336		1,455
		$	12,129,166	$	195,643	$	1,004,235	$	1,333	$	13,133,401	$	196,976
	30-Sep-13
	U.S. GSE debt securities	$	9,167,719	$	149,042	$	0	$	0	$	9,167,719	$	149,042
	U.S. Government securities		1,038,906		1,402		0		0		1,038,906		1,402
		$	10,206,625	$	150,444	$	0	$	0	$	10,206,625	$	150,444

5_Loans_Allowance_for_Loan_Los1

5. Loans, Allowance for Loan Losses and Credit Quality (Tables)	9 Months Ended
	Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]	'
Composition of net loans	'
	The composition of net loans as of the balance sheet dates was as follows:
		September 30,				December 31,				September 30,
		2014				2013				2013
	Commercial & industrial	$	63,959,230			$	55,619,285			$	55,500,735
	Commercial real estate		162,275,498				156,935,803				147,280,787
	Residential real estate - 1st lien		165,662,426				172,847,074				174,508,009
	Residential real estate - Jr lien		44,147,861				45,687,405				45,279,400
	Consumer		7,943,615				8,819,359				9,412,856
			443,988,630				439,908,926				431,981,787
	Deduct (add):
	Allowance for loan losses		4,885,791				4,854,915				4,799,431
	Deferred net loan costs		(288,898	)			(300,429	)			(281,747	)
			4,596,893				4,554,486				4,517,684
	Net Loans	$	439,391,737			$	435,354,440			$	427,464,103
Past due loans by segment	'
	The following is an age analysis of past due loans (including non-accrual), by portfolio segment:
																									90 Days or
						90 Days				Total												Non-Accrual			More
	30-Sep-14	30-89 Days				or More				Past Due				Current				Total Loans				Loans			and Accruing
	Commercial & industrial	$	450,811			$	612,822			$	1,063,633			$	62,895,597			$	63,959,230			$	1,068,390		$	0
	Commercial real estate		1,137,779				48,520				1,186,299				161,089,199				162,275,498				1,754,002			5,313
	Residential real estate - 1st lien		2,230,067				1,239,799				3,469,866				162,192,560				165,662,426				1,740,509			554,327
	Residential real estate - Jr lien		256,212				76,089				332,301				43,815,560				44,147,861				410,187			57,385
	Consumer		55,034				8,859				63,893				7,879,722				7,943,615				0			8,859
	Total	$	4,129,903			$	1,986,089			$	6,115,992			$	437,872,638			$	443,988,630			$	4,973,088		$	625,884
																									90 Days or
						90 Days				Total												Non-Accrual			More
	31-Dec-13	30-89 Days				or More				Past Due				Current				Total Loans				Loans			and Accruing
	Commercial & industrial	$	1,060,971			$	310,669			$	1,371,640			$	54,247,645			$	55,619,285			$	527,105		$	21,902
	Commercial real estate		713,160				215,507				928,667				156,007,136				156,935,803				1,403,541			5,313
	Residential real estate - 1st lien		5,184,457				1,655,950				6,840,407				166,006,667				172,847,074				2,203,106			817,109
	Residential real estate - Jr lien		533,134				289,169				822,303				44,865,102				45,687,405				593,125			56,040
	Consumer		136,922				7,784				144,706				8,674,653				8,819,359				0			7,784
	Total	$	7,628,644			$	2,479,079			$	10,107,723			$	429,801,203			$	439,908,926			$	4,726,877		$	908,148
																									90 Days or
						90 Days				Total												Non-Accrual			More
	30-Sep-13	30-89 Days				or More				Past Due				Current				Total Loans				Loans			and Accruing
	Commercial & industrial	$	75,101			$	269,744			$	344,845			$	55,155,890			$	55,500,735			$	493,272		$	0
	Commercial real estate		982,378				546,252				1,528,630				145,752,157				147,280,787				1,740,350			50,965
	Residential real estate - 1st lien		1,270,029				1,071,400				2,341,429				172,166,580				174,508,009				1,999,274			344,193
	Residential real estate - Jr lien		539,828				223,200				763,028				44,516,372				45,279,400				669,292			62,359
	Consumer		95,907				8,755				104,662				9,308,194				9,412,856				0			8,755
	Total	$	2,963,243			$	2,119,351			$	5,082,594			$	426,899,193			$	431,981,787			$	4,902,188		$	466,272
Changes in the allowance for loan losses	'
	The following summarizes changes in the allowance for loan losses and select loan information, by portfolio segment:
	Three Months Ended September 30, 2014
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
	Allowance for loan losses
	Beginning balance	$	687,416			$	2,155,738			$	1,337,011			$	294,614			$	84,115			$	317,922		$	4,876,816
	Charge-offs		(27,881	)			(24,100	)			(28,382	)			(33,875	)			(24,255	)			0			(138,493	)
	Recoveries		3,028				0				1,725				60				7,655				0			12,468
	Provision (credit)		11,893				118,614				(22,894	)			23,329				23,252				(19,194	)		135,000
	Ending balance	$	674,456			$	2,250,252			$	1,287,460			$	284,128			$	90,767			$	298,728		$	4,885,791
	Nine Months Ended September 30, 2014
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
	Allowance for loan losses
	Beginning balance	$	516,382			$	2,143,398			$	1,452,184			$	366,471			$	105,279			$	271,201		$	4,854,915
	Charge-offs		(115,095	)			(154,919	)			(28,382	)			(33,875	)			(90,024	)			0			(422,295	)
	Recoveries		5,265				0				12,823				180				29,903				0			48,171
	Provision (credit)		267,904				261,773				(149,165	)			(48,648	)			45,609				27,527			405,000
	Ending balance	$	674,456			$	2,250,252			$	1,287,460			$	284,128			$	90,767			$	298,728		$	4,885,791
	Allowance for loan losses
	Evaluated for impairment
	Individually	$	21,200			$	62,000			$	45,400			$	0			$	0			$	0		$	128,600
	Collectively		653,256				2,188,252				1,242,060				284,128				90,767				298,728			4,757,191
	Total	$	674,456			$	2,250,252			$	1,287,460			$	284,128			$	90,767			$	298,728		$	4,885,791
	Loans evaluated for impairment
	Individually	$	983,044			$	1,728,772			$	947,329			$	334,926			$	0						$	3,994,071
	Collectively		62,976,186				160,546,726				164,715,097				43,812,935				7,943,615							439,994,559
	Total	$	63,959,230			$	162,275,498			$	165,662,426			$	44,147,861			$	7,943,615						$	443,988,630
	Twelve Months Ended December 31, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
	Allowance for loan losses
	Beginning balance	$	428,381			$	1,536,440			$	1,563,576			$	332,556			$	138,699			$	312,428		$	4,312,080
	Charge-offs		(83,344	)			(124,849	)			(56,430	)			(56,797	)			(67,009	)			0			(388,429	)
	Recoveries		2,953				185,791				15,819				21,277				35,424				0			261,264
	Provision (credit)		168,392				546,016				(70,781	)			69,435				(1,835	)			(41,227	)		670,000
	Ending balance	$	516,382			$	2,143,398			$	1,452,184			$	366,471			$	105,279			$	271,201		$	4,854,915
	Allowance for loan losses
	Evaluated for impairment
	Individually	$	27,500			$	147,700			$	99,700			$	76,500			$	0			$	0		$	351,400
	Collectively		488,882				1,995,698				1,352,484				289,971				105,279				271,201			4,503,515
	Total	$	516,382			$	2,143,398			$	1,452,184			$	366,471			$	105,279			$	271,201		$	4,854,915
	Loans evaluated for impairment
	Individually	$	373,696			$	1,386,477			$	1,788,793			$	559,250			$	0						$	4,108,216
	Collectively		55,245,589				155,549,326				171,058,281				45,128,155				8,819,359							435,800,710
	Total	$	55,619,285			$	156,935,803			$	172,847,074			$	45,687,405			$	8,819,359						$	439,908,926
	Three Months Ended September 30, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
	Allowance for loan losses
	Beginning balance	$	515,244			$	1,698,040			$	1,527,962			$	414,161			$	116,248			$	250,524		$	4,522,179
	Charge-offs		(42,327	)			(16,913	)			(3,957	)			0				(10,647	)			0			(73,844	)
	Recoveries		1,126				185,791				3,128				21,110				2,441				0			213,596
	Provision (credit)		4,891				72,698				(14,415	)			81,589				22,894				(30,157	)		137,500
	Ending balance	$	478,934			$	1,939,616			$	1,512,718			$	516,860			$	130,936			$	220,367		$	4,799,431
	Nine Months Ended September 30, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Unallocated			Total
Allowance for loan losses
Beginning balance	$	428,381			$	1,536,440			$	1,563,576			$	332,556			$	138,699			$	312,428		$	4,312,080
Charge-offs		(61,614	)			(124,849	)			(7,009	)			0				(36,655	)			0			(230,127	)
Recoveries		2,117				185,791				11,764				21,230				32,826				0			253,728
Provision (credit)		110,050				342,234				(55,613	)			163,074				(3,934	)			(92,061	)		463,750
Ending balance	$	478,934			$	1,939,616			$	1,512,718			$	516,860			$	130,936			$	220,367		$	4,799,431
Allowance for loan losses
Evaluated for impairment
Individually	$	0			$	115,700			$	110,500			$	185,700			$	0			$	0		$	411,900
Collectively		478,934				1,823,916				1,402,218				331,160				130,936				220,367			4,387,531
Total	$	478,934			$	1,939,616			$	1,512,718			$	516,860			$	130,936			$	220,367		$	4,799,431
Loans evaluated for impairment
Individually	$	319,010			$	1,716,870			$	1,734,139			$	669,292			$	0						$	4,439,311
Collectively		55,181,725				145,563,917				172,773,870				44,610,108				9,412,856							427,542,476
Total	$	55,500,735			$	147,280,787			$	174,508,009			$	45,279,400			$	9,412,856						$	431,981,787
Impaired loans by segment	'
	Impaired loans, by portfolio segment, were as follows:
		As of September 30, 2014
						Unpaid								Average				Average
		Recorded				Principal				Related				Recorded				Recorded
		Investment				Balance				Allowance				Investment(1)				Investment(2)
	With no related allowance recorded
	Commercial & industrial	$	726,688			$	772,605			$	0			$	772,852			$	536,388
	Commercial real estate		1,305,203				1,414,604				0				1,321,387				1,186,767
	Residential real estate - 1st lien		812,609				903,309				0				822,309				1,062,894
	Residential real estate - Jr lien		245,666				391,644				0				257,789				193,995
	With an allowance recorded
	Commercial & industrial		256,356				294,950				21,200				335,613				198,362
	Commercial real estate		423,569				439,630				62,000				322,093				299,003
	Residential real estate - 1st lien		134,720				163,115				45,400				338,782				339,732
	Residential real estate - Jr lien		89,260				0				0				95,062				209,531
	Total
	Commercial & industrial	$	983,044			$	1,067,555			$	21,200			$	1,108,465			$	734,750
	Commercial real estate		1,728,772				1,854,234				62,000				1,643,480				1,485,770
	Residential real estate - 1st lien		947,329				1,066,424				45,400				1,161,091				1,402,626
	Residential real estate - Jr lien		334,926				391,644				0				352,851				403,526
	Total	$	3,994,071			$	4,379,857			$	128,600			$	4,265,887			$	4,026,672
	(1) For the Three Months Ended September 30, 2014
	(2) For the Nine Months Ended September 30, 2014
						As of December 31, 2013												2013
										Unpaid								Average
						Recorded				Principal				Related				Recorded
						Investment				Balance				Allowance				Investment
	With no related allowance recorded
	Commercial & industrial					$	314,510			$	363,618			$	0			$	339,519
	Commercial real estate						944,845				1,021,143				0				1,325,504
	Residential real estate - 1st lien						1,354,432				1,654,023				0				1,088,631
	Residential real estate - Jr lien						164,137				228,134				0				64,606
	With an allowance recorded
	Commercial & industrial						59,186				59,186				27,500				11,837
	Commercial real estate						441,632				446,963				147,700				272,174
	Residential real estate - 1st lien						434,361				474,496				99,700				515,685
	Residential real estate - Jr lien						395,113				429,167				76,500				380,855
	Total
	Commercial & industrial					$	373,696			$	422,804			$	27,500			$	351,356
	Commercial real estate						1,386,477				1,468,106				147,700				1,597,678
	Residential real estate - 1st lien						1,788,793				2,128,519				99,700				1,604,316
	Residential real estate - Jr lien						559,250				657,301				76,500				445,461
	Total					$	4,108,216			$	4,676,730			$	351,400			$	3,998,811
		As of September 30, 2013
						Unpaid								Average				Average
		Recorded				Principal				Related				Recorded				Recorded
		Investment				Balance				Allowance				Investment (1)				Investment (2)
	With no related allowance recorded
	Commercial & industrial	$	319,010			$	366,022			$	0			$	312,218			$	345,772
	Commercial real estate		1,199,398				1,269,979				0				1,085,322				1,420,668
	Residential real estate - 1st lien		1,156,159				1,390,485				0				1,026,675				1,022,181
	Residential real estate - Jr lien		102,913				110,997				0				63,752				39,723
	With an allowance recorded
	Commercial & industrial		0				0				0				0				0
	Commercial real estate		517,472				517,472				115,700				307,194				229,809
	Residential real estate - 1st lien		577,980				657,154				110,500				523,738				536,016
	Residential real estate - Jr lien		566,379				595,494				185,700				445,302				377,291
	Total
	Commercial & industrial	$	319,010			$	366,022			$	0			$	312,218			$	345,772
	Commercial real estate		1,716,870				1,787,451				115,700				1,392,516				1,650,477
	Residential real estate - 1st lien		1,734,139				2,047,639				110,500				1,550,413				1,558,197
	Residential real estate - Jr lien		669,292				706,491				185,700				509,054				417,014
	Total	$	4,439,311			$	4,907,603			$	411,900			$	3,764,201			$	3,971,460
(1) For the Three Months Ended September 30, 2013
(2) For the Nine Months Ended September 30, 2013
Risk ratings	'
	The risk ratings within the loan portfolio, by segment, as of the balance sheet dates were as follows:
	As of September 30, 2014
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Total
	Group A	$	60,077,761			$	153,398,713			$	162,739,339			$	43,546,848			$	7,934,756			$	427,697,417
	Group B		2,717,261				3,447,445				205,415				163,910				0				6,534,031
	Group C		1,164,208				5,429,340				2,717,672				437,103				8,859				9,757,182
	Total	$	63,959,230			$	162,275,498			$	165,662,426			$	44,147,861			$	7,943,615			$	443,988,630
	As of December 31, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Total
	Group A	$	51,740,744			$	148,516,895			$	169,771,357			$	44,739,736			$	8,800,365			$	423,569,097
	Group B		2,824,169				3,292,200				160,468				460,844				0				6,737,681
	Group C		1,054,372				5,126,708				2,915,249				486,825				18,994				9,602,148
	Total	$	55,619,285			$	156,935,803			$	172,847,074			$	45,687,405			$	8,819,359			$	439,908,926
	As of September 30, 2013
										Residential				Residential
		Commercial				Commercial				Real Estate				Real Estate
		& Industrial				Real Estate				1st Lien				Jr Lien				Consumer				Total
	Group A	$	51,937,275			$	139,168,914			$	171,694,502			$	44,144,667			$	9,404,101			$	416,349,459
	Group B		2,412,663				3,572,369				175,081				497,992				0				6,658,105
	Group C		1,150,797				4,539,504				2,638,426				636,741				8,755				8,974,223
	Total	$	55,500,735			$	147,280,787			$	174,508,009			$	45,279,400			$	9,412,856			$	431,981,787
Loans modified as TDRs	'
	TDRs, by portfolio segment, for the periods presented were as follows:
		Three Months Ended September 30, 2014											Nine Months Ended September 30, 2014
					Pre-				Post-							Pre-				Post-
					Modification				Modification							Modification				Modification
					Outstanding				Outstanding							Outstanding				Outstanding
		Number of			Recorded				Recorded				Number of			Recorded				Recorded
		Contracts			Investment				Investment				Contracts			Investment				Investment
	Residential real estate
	1st lien	2			$	432,573			$	436,963			8			$	913,471			$	947,700
		Twelve Months Ended December 31, 2013
					Pre-				Post-
					Modification				Modification
					Outstanding				Outstanding
		Number of			Recorded				Recorded
		Contracts			Investment				Investment
	Residential real estate - 1st lien	4			$	321,406			$	330,266
	Residential real estate - Jr lien	1				23,425				23,425
	Total	5			$	344,831			$	353,691
	There were no TDR’s for the three months ended September 30, 2013.
		Nine Months Ended September 30, 2013
					Pre-				Post-
					Modification				Modification
					Outstanding				Outstanding
		Number of			Recorded				Recorded
		Contracts			Investment				Investment
	Residential real estate - Jr lien	1			$	23,425			$	23,425
TDRs payment default	'
	The TDR’s for which there was a payment default during the twelve month period ended September 30, 2014 were as follows:
		Number of			Recorded
		Contracts			Investment
	Residential real estate - 1st lien	5			$	438,428

6_Goodwill_and_Other_Intangibl1

6. Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Future Amortization Expense	'
	As of September 30, 2014, the remaining annual amortization expense related to the core deposit intangible, absent any future impairment, is expected to be as follows:
	2014	$	68,170
	2015		272,695
	2016		272,695
	2017		272,697
	Total remaining core deposit intangible	$	886,257

7_Fair_Value_Tables

7. Fair Value (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Schedule Of Fair Value Assets On Recurring Basis	'
	Assets and Liabilities Recorded at Fair Value on a Recurring Basis
	Assets measured at fair value on a recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:
	30-Sep-14	Level 1		Level 2		Total
	Assets: (market approach)
	U.S. GSE debt securities	$	0	$	15,885,881	$	15,885,881
	U.S. Government securities		4,002,500		0		4,002,500
	Agency MBS		0		9,279,144		9,279,144
	31-Dec-13
	Assets: (market approach)
	U.S. GSE debt securities	$	0	$	29,138,914	$	29,138,914
	U.S. Government securities		6,049,688		0		6,049,688
	30-Sep-13
	Assets: (market approach)
	U.S. GSE debt securities	$	0	$	28,389,611	$	28,389,611
	U.S. Government securities		7,062,460		0		7,062,460
Schedule of Fair Value Assets Non-recurring Basis	'
	Assets measured at fair value on a non-recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:
	30-Sep-14	Level 2
	Assets: (market approach)
	Residential mortgage servicing rights	$	1,326,543
	Impaired loans, net of related allowance		775,305
	OREO		1,097,820
	31-Dec-13
	Assets: (market approach)
	Residential mortgage servicing rights	$	1,329,079
	Impaired loans, net of related allowance		978,892
	OREO		1,105,525
	30-Sep-13
	Assets: (market approach)
	Residential mortgage servicing rights	$	1,227,790
	Impaired loans, net of related allowance		1,249,931
	OREO		1,125,105
Schedule Of Estimated Fair Values Of Financial Instruments	'
	The estimated fair values of commitments to extend credit and letters of credit were immaterial as of the dates presented in the tables below.  The estimated fair values of the Company's financial instruments were as follows:
	30-Sep-14			Fair		Fair		Fair		Fair
		Carrying		Value		Value		Value		Value
		Amount		Level 1		Level 2		Level 3		Total
		(Dollars in Thousands)
	Financial assets:
	Cash and cash equivalents	$	10,852	$	10,852	$	0	$	0	$	10,852
	Securities held-to-maturity		48,070		0		48,472		0		48,472
	Securities available-for-sale		29,168		4,003		25,165		0		29,168
	Restricted equity securities		3,332		0		3,332		0		3,332
	Loans and loans held-for-sale
	Commercial & industrial		63,242		0		962		63,697		64,659
	Commercial real estate		159,916		0		1,667		163,360		165,027
	Residential real estate - 1st lien		164,589		0		901		168,133		169,034
	Residential real estate - Jr lien		43,834		0		335		44,446		44,781
	Consumer		7,848		0		0		8,239		8,239
	Mortgage servicing rights		1,327		0		1,561		0		1,561
	Accrued interest receivable		1,689		0		1,689		0		1,689
	Financial liabilities:
	Deposits
	Other deposits		454,629		0		455,002		0		455,002
	Brokered deposits		19,749		0		19,751		0		19,751
	Federal funds purchased and short-term borrowings		10,175		0		10,175		0		10,175
	Repurchase agreements		23,360		0		23,360		0		23,360
	Capital lease obligations		659		0		659		0		659
	Subordinated debentures		12,887		0		12,870		0		12,870
	Accrued interest payable		65		0		65		0		65
	31-Dec-13			Fair		Fair		Fair		Fair
		Carrying		Value		Value		Value		Value
		Amount		Level 1		Level 2		Level 3		Total
		(Dollars in Thousands)
	Financial assets:
	Cash and cash equivalents	$	18,330	$	18,330	$	0	$	0	$	18,330
	Securities held-to-maturity		37,937		0		38,370		0		38,370
	Securities available-for-sale		35,189		6,050		29,139		0		35,189
	Restricted equity securities		3,633		0		3,633		0		3,633
	Loans and loans held-for-sale
	Commercial & industrial		55,069		0		346		56,035		56,381
	Commercial real estate		154,696		0		1,239		157,843		159,082
	Residential real estate - 1st lien		171,498		0		1,689		174,776		176,465
	Residential real estate - Jr lien		45,292		0		483		45,785		46,268
	Consumer		8,708		0		0		9,130		9,130
	Mortgage servicing rights		1,329		0		1,608		0		1,608
	Accrued interest receivable		1,778		0		1,778		0		1,778
	Financial liabilities:
	Deposits
	Other deposits		463,160		0		464,220		0		464,220
	Brokered deposits		18,393		0		18,401		0		18,401
	Repurchase agreements		29,645		0		29,645		0		29,645
	Capital lease obligations		711		0		711		0		711
	Subordinated debentures		12,887		0		12,880		0		12,880
	Accrued interest payable		75		0		75		0		75
	30-Sep-13			Fair		Fair		Fair		Fair
		Carrying		Value		Value		Value		Value
		Amount		Level 1		Level 2		Level 3		Total
		(Dollars in Thousands)
	Financial assets:
	Cash and cash equivalents	$	13,382	$	13,382	$	0	$	0	$	13,382
	Securities held-to-maturity		39,219		0		39,610		0		39,610
	Securities available-for-sale		35,452		7,062		28,390		0		35,452
	Restricted equity securities		3,633		0		3,633		0		3,633
	Loans and loans held-for-sale
	Commercial & industrial		54,994		0		319		56,038		56,357
Commercial real estate		145,266		0		1,601		148,401		150,002
Residential real estate - 1st lien		174,135		0		1,624		177,800		179,424
Residential real estate - Jr lien		44,739		0		483		45,272		45,755
Consumer		9,278		0		0		9,742		9,742
Mortgage servicing rights		1,228		0		1,228		0		1,228
Accrued interest receivable		1,633		0		1,633		0		1,633
Financial liabilities:
Deposits
Other deposits		454,521		0		455,772		0		455,772
Brokered deposits		16,029		0		16,038		0		16,038
Federal funds purchased and short-term borrowings		8,325		0		8,325		0		8,325
Long-term borrowings		0		0		0		0		0
Repurchase agreements		23,686		0		23,686		0		23,686
Capital lease obligations		727		0		727		0		727
Subordinated debentures		12,887		0		12,872		0		12,872
Accrued interest payable		73		0		73		0		73

8_Loan_Servicing_Tables

8. Loan Servicing (Tables)	9 Months Ended
	Sep. 30, 2014
Transfers and Servicing of Financial Assets [Abstract]	'
Schedule Of Mortgage Servicing Rights	'
	The following table shows the changes in the carrying amount of the mortgage servicing rights, included in other assets on the consolidated balance sheets, for the periods indicated:
		September 30,			December 31,			September 30,
		2014			2013			2013
	Balance at beginning of year	$	1,329,079		$	1,009,623		$	1,009,623
	Mortgage servicing rights capitalized		166,295			274,253			215,196
	Mortgage servicing rights amortized		(186,441	)		(317,865	)		(259,697	)
	Change in valuation allowance		17,610			363,068			262,668
	Balance at end of period	$	1,326,543		$	1,329,079		$	1,227,790

3_Earnings_per_Common_Share_De

3. Earnings per Common Share (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Earnings Per Share [Abstract]	'	'	'	'
Net income, as reported	$1,377,189	$1,354,933	$3,733,140	$3,635,055
Less: dividends to preferred shareholders	20,313	20,313	60,938	60,938
Net income available to common shareholders	$1,356,876	$1,334,620	$3,672,202	$3,574,117
Weighted average number of common shares used in calculating earnings per share	4,905,055	4,845,044	4,889,086	4,831,084
Earnings per common share	$0.28	$0.28	$0.75	$0.74

4_Investment_Securities_Detail

4. Investment Securities (Details) (USD $)	9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Available for sale Securities	'	'	'
Amortized Cost - Available for sale Securities	$29,289,656	$35,449,752	$35,260,521
Gross Unrealized Gains - Available for sale Securities	55,024	152,763	125,057
Gross Unrealized Losses - Available for sale Securities	177,155	150,444	196,976
Fair Value - Available for sale Securities	29,167,525	35,452,071	35,188,602
Held-to-Maturity Securities	'	'	'
Fair Value - Held-to-Maturity	48,472,000	39,610,000	38,370,000
U.S. GSE debt securities	'	'	'
Available for sale Securities	'	'	'
Amortized Cost - Available for sale Securities	15,923,726	28,400,765	29,220,333
Gross Unrealized Gains - Available for sale Securities	49,645	137,888	114,102
Gross Unrealized Losses - Available for sale Securities	87,490	149,042	195,521
Fair Value - Available for sale Securities	15,885,881	28,389,611	29,138,914
U.S. Government securities	'	'	'
Available for sale Securities	'	'	'
Amortized Cost - Available for sale Securities	4,000,608	7,048,987	6,040,188
Gross Unrealized Gains - Available for sale Securities	5,379	14,875	10,955
Gross Unrealized Losses - Available for sale Securities	3,487	1,402	1,455
Fair Value - Available for sale Securities	4,002,500	7,062,460	6,049,688
Agency mortgage-backed securities (Agency MBS)	'	'	'
Available for sale Securities	'	'	'
Amortized Cost - Available for sale Securities	9,365,322	'	'
Gross Unrealized Gains - Available for sale Securities	0	'	'
Gross Unrealized Losses - Available for sale Securities	86,178	'	'
Fair Value - Available for sale Securities	9,279,144	'	'
States and political subdivisions [Member]	'	'	'
Held-to-Maturity Securities	'	'	'
Amortized Cost - Held-to-Maturity	48,069,627	39,218,785	37,936,911
Gross Unrealized Gains - Held-to-Maturity	402,373	391,215	433,089
Gross Unrealized Losses - Held-to-Maturity	0	0	0
Fair Value - Held-to-Maturity	$48,472,000	$39,610,000	$38,370,000

4_Investment_Securities_Detail1

4. Investment Securities (Details 1) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Available for sale Securities	'	'	'
Amortized Cost	'	'	'
Due in one year or less, Amortized Cost	$3,021,863	$4,508,181	$6,611,216
Due from one to five years, Amortized Cost	16,902,471	30,752,340	28,838,536
Agency MBS*	9,365,322	'	'
Amortization Cost of Debt	29,289,656	35,260,521	35,449,752
Fair Value	'	'	'
Due in one year or less, fair value	3,033,016	4,510,923	6,621,105
Due from one to five years, fair value	16,855,365	30,677,679	28,830,966
Agency MBS*	9,279,144	'	'
Fair value of debt	29,167,525	35,188,602	35,452,071
Held to maturity Securities	'	'	'
Amortized Cost	'	'	'
Due in one year or less, Amortized Cost	37,097,781	27,615,731	29,860,867
Due from one to five years, Amortized Cost	4,483,933	3,939,950	3,649,393
Due from five to ten years, Amortized Cost	2,460,860	2,592,045	2,441,097
Due after ten years, Amortized Cost	4,027,053	3,789,185	3,267,428
Amortization Cost of Debt	48,069,627	37,936,911	39,218,785
Fair Value	'	'	'
Due in one year or less, fair value	37,098,000	27,616,000	29,861,000
Due from one to five years, fair value	4,585,000	4,048,000	3,747,000
Due from five to ten years, fair value	2,561,000	2,700,000	2,539,000
Due after ten years, fair value	4,228,000	4,006,000	3,463,000
Fair value of debt	$48,472,000	$38,370,000	$39,610,000

4_Investment_Securities_Detail2

4. Investment Securities (Details 2) (USD $)	9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Fair Value Less than 12 months	$13,737,775	$10,206,625	$12,129,166
Unrealized Loss Less than 12 months	93,433	150,444	195,643
Fair Value 12 months or more	5,166,278	0	1,004,235
Unrealized Loss 12 months or more	83,722	0	1,333
Fair Value	18,904,053	10,206,625	13,133,401
Unrealized Loss	177,155	150,444	196,976
U.S. GSE debt securities	'	'	'
Fair Value Less than 12 months	3,484,256	9,167,719	11,094,830
Unrealized Loss Less than 12 months	3,768	149,042	194,188
Fair Value 12 months or more	5,166,278	0	1,004,235
Unrealized Loss 12 months or more	83,722	0	1,333
Fair Value	8,650,534	9,167,719	12,099,065
Unrealized Loss	87,490	149,042	195,521
U.S. Government securities	'	'	'
Fair Value Less than 12 months	974,375	1,038,906	1,034,336
Unrealized Loss Less than 12 months	3,487	1,402	1,455
Fair Value 12 months or more	0	0	0
Unrealized Loss 12 months or more	0	0	0
Fair Value	974,375	1,038,906	1,034,336
Unrealized Loss	3,487	1,402	1,455
Agency mortgage-backed securities (Agency MBS)	'	'	'
Fair Value Less than 12 months	9,279,144	'	'
Unrealized Loss Less than 12 months	86,178	'	'
Fair Value 12 months or more	0	'	'
Unrealized Loss 12 months or more	0	'	'
Fair Value	9,279,144	'	'
Unrealized Loss	$86,178	'	'

4_Investment_Securities_Detail3

4. Investment Securities (Details Narrative)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
	integer	integer	integer
U.S. GSE debt securities	'	'	'
Number of securities	7	12	9
U.S. Government securities	'	'	'
Number of securities	1	1	1
Mortgage Backed Securities	'	'	'
Number of securities	9	'	'

5_Loans_Allowance_for_Loan_Los2

5. Loans, Allowance for Loan Losses and Credit Quality (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
Loans and Leases Receivable Disclosure [Abstract]	'	'	'	'	'	'
Commercial & industrial	$63,959,230	'	$55,619,285	$55,500,735	'	'
Commercial real estate	162,275,498	'	156,935,803	147,280,787	'	'
Residential real estate - 1st lien	165,662,426	'	172,847,074	174,508,009	'	'
Residential real estate - Jr. lien	44,147,861	'	45,687,405	45,279,400	'	'
Consumer	7,943,615	'	8,819,359	9,412,856	'	'
Gross Loans	443,988,630	'	439,908,926	431,981,787	'	'
Allowance for loan losses	4,885,791	4,876,816	4,854,915	4,799,431	4,522,179	4,312,080
Deferred net loan costs	-288,898	'	-300,429	-281,747	'	'
Total Adjustments	4,596,893	'	4,554,486	4,517,684	'	'
Net loans	$439,391,737	'	$435,354,440	$427,464,103	'	'

5_Loans_Allowance_for_Loan_Los3

5. Loans, Allowance for Loan Losses and Credit Quality (Details 1) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
30-89 Days	$4,129,903	$7,628,644	$2,963,243
90 Days or more	1,986,089	2,479,079	2,119,351
Total Past Due	6,115,992	10,107,723	5,082,594
Current	437,872,638	429,801,203	426,899,193
Total Loans	443,988,630	439,908,926	431,981,787
Non-Accrual Loans	4,973,088	4,726,877	4,902,188
90 Days or More and Accruing	625,884	908,148	466,272
Commercial and industrial	'	'	'
30-89 Days	450,811	1,060,971	75,101
90 Days or more	612,822	310,669	269,744
Total Past Due	1,063,633	1,371,640	344,845
Current	62,895,597	54,247,645	55,155,890
Total Loans	63,959,230	55,619,285	55,500,735
Non-Accrual Loans	1,068,390	527,105	493,272
90 Days or More and Accruing	0	21,902	0
Commercial Real Estate	'	'	'
30-89 Days	1,137,779	713,160	982,378
90 Days or more	48,520	215,507	546,252
Total Past Due	1,186,299	928,667	1,528,630
Current	161,089,199	156,007,136	145,752,157
Total Loans	162,275,498	156,935,803	147,280,787
Non-Accrual Loans	1,754,002	1,403,541	1,740,350
90 Days or More and Accruing	5,313	5,313	50,965
Residential real estate - 1st lien	'	'	'
30-89 Days	2,230,067	5,184,457	1,270,029
90 Days or more	1,239,799	1,655,950	1,071,400
Total Past Due	3,469,866	6,840,407	2,341,429
Current	162,192,560	166,006,667	172,166,580
Total Loans	165,662,426	172,847,074	174,508,009
Non-Accrual Loans	1,740,509	2,203,106	1,999,274
90 Days or More and Accruing	554,327	817,109	344,193
Residential real estate - Jr lien	'	'	'
30-89 Days	256,212	533,134	539,828
90 Days or more	76,089	289,169	223,200
Total Past Due	332,301	822,303	763,028
Current	43,815,560	44,865,102	44,516,372
Total Loans	44,147,861	45,687,405	45,279,400
Non-Accrual Loans	410,187	593,125	669,292
90 Days or More and Accruing	57,385	56,040	62,359
Consumer	'	'	'
30-89 Days	55,034	136,922	95,907
90 Days or more	8,859	7,784	8,755
Total Past Due	63,893	144,706	104,662
Current	7,879,722	8,674,653	9,308,194
Total Loans	7,943,615	8,819,359	9,412,856
Non-Accrual Loans	0	0	0
90 Days or More and Accruing	$8,859	$7,784	$8,755

5_Loans_Allowance_for_Loan_Los4

5. Loans, Allowance for Loan Losses and Credit Quality (Details 2) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Allowance for loan losses, Beginning balance	$4,876,816	$4,522,179	$4,854,915	$4,312,080	$4,312,080
Charge-offs	-138,493	-73,844	-422,295	-230,127	-388,429
Recoveries	12,468	213,596	48,171	253,728	261,264
Provisions (credit)	135,000	137,500	405,000	463,750	670,000
Allowance for loan losses, Ending balance	4,885,791	4,799,431	4,885,791	4,799,431	4,854,915
Allowance for loan losses evaluated for impairment, Individually	128,600	411,900	128,600	411,900	351,400
Allowance for loan losses evaluated for impairment, Collectively	4,757,191	4,387,531	4,757,191	4,387,531	4,503,515
Allowance for loan losses	4,885,791	4,799,431	4,885,791	4,799,431	4,854,915
Loans evaluated for impairment, Individually	3,994,071	4,439,311	3,994,071	4,439,311	4,108,216
Loans evaluated for impairment, Collectively	439,994,559	427,542,476	439,994,559	427,542,476	435,800,710
Total Loans	443,988,630	431,981,787	443,988,630	431,981,787	439,908,926
Commercial and industrial	'	'	'	'	'
Allowance for loan losses, Beginning balance	687,416	515,244	516,382	428,381	428,381
Charge-offs	-27,881	-42,327	-115,095	-61,614	-83,344
Recoveries	3,028	1,126	5,265	2,117	2,953
Provisions (credit)	11,893	4,891	267,904	110,050	168,392
Allowance for loan losses, Ending balance	674,456	478,934	674,456	478,934	516,382
Allowance for loan losses evaluated for impairment, Individually	21,200	0	21,200	0	27,500
Allowance for loan losses evaluated for impairment, Collectively	653,256	478,934	653,256	478,934	488,882
Allowance for loan losses	674,456	478,934	674,456	478,934	516,382
Loans evaluated for impairment, Individually	983,044	319,010	983,044	319,010	373,696
Loans evaluated for impairment, Collectively	62,976,186	55,181,725	62,976,186	55,181,725	55,245,589
Total Loans	63,959,230	55,500,735	63,959,230	55,500,735	55,619,285
Commercial Real Estate	'	'	'	'	'
Allowance for loan losses, Beginning balance	2,155,738	1,698,040	2,143,398	1,536,440	1,536,440
Charge-offs	-24,100	-16,913	-154,919	-124,849	-124,849
Recoveries	0	185,791	0	185,791	185,791
Provisions (credit)	118,614	72,698	261,773	342,234	546,016
Allowance for loan losses, Ending balance	2,250,252	1,939,616	2,250,252	1,939,616	2,143,398
Allowance for loan losses evaluated for impairment, Individually	62,000	115,700	62,000	115,700	147,700
Allowance for loan losses evaluated for impairment, Collectively	2,188,252	1,823,916	2,188,252	1,823,916	1,995,698
Allowance for loan losses	2,250,252	1,939,616	2,250,252	1,939,616	2,143,398
Loans evaluated for impairment, Individually	1,728,772	1,716,870	1,728,772	1,716,870	1,386,477
Loans evaluated for impairment, Collectively	160,546,726	145,563,917	160,546,726	145,563,917	155,549,326
Total Loans	162,275,498	147,280,787	162,275,498	147,280,787	156,935,803
Residential Real Estate - 1st Lien	'	'	'	'	'
Allowance for loan losses, Beginning balance	1,337,011	1,527,962	1,452,184	1,563,576	1,563,576
Charge-offs	-28,382	-3,957	-28,382	-7,009	-56,430
Recoveries	1,725	3,128	12,823	11,764	15,819
Provisions (credit)	-22,894	-14,415	-149,165	-55,613	-70,781
Allowance for loan losses, Ending balance	1,287,460	1,512,718	1,287,460	1,512,718	1,452,184
Allowance for loan losses evaluated for impairment, Individually	45,400	110,500	45,400	110,500	99,700
Allowance for loan losses evaluated for impairment, Collectively	1,242,060	1,402,218	1,242,060	1,402,218	1,352,484
Allowance for loan losses	1,287,460	1,512,718	1,287,460	1,512,718	1,452,184
Loans evaluated for impairment, Individually	947,329	1,734,139	947,329	1,734,139	1,788,793
Loans evaluated for impairment, Collectively	164,715,097	172,773,870	164,715,097	172,773,870	171,058,281
Total Loans	165,662,426	174,508,009	165,662,426	174,508,009	172,847,074
Residential Real Estate Jr Lien	'	'	'	'	'
Allowance for loan losses, Beginning balance	294,614	414,161	366,471	332,556	332,556
Charge-offs	-33,875	0	-33,875	0	-56,797
Recoveries	60	21,110	180	21,230	21,277
Provisions (credit)	23,329	81,589	-48,648	163,074	69,435
Allowance for loan losses, Ending balance	284,128	516,860	284,128	516,860	366,471
Allowance for loan losses evaluated for impairment, Individually	0	185,700	0	185,700	76,500
Allowance for loan losses evaluated for impairment, Collectively	284,128	331,160	284,128	331,160	289,971
Allowance for loan losses	284,128	516,860	284,128	516,860	366,471
Loans evaluated for impairment, Individually	334,926	669,292	334,926	669,292	559,250
Loans evaluated for impairment, Collectively	43,812,935	44,610,108	43,812,935	44,610,108	45,128,155
Total Loans	44,147,861	45,279,400	44,147,861	45,279,400	45,687,405
Consumer	'	'	'	'	'
Allowance for loan losses, Beginning balance	84,115	116,248	105,279	138,699	138,699
Charge-offs	-24,255	-10,647	-90,024	-36,655	-67,009
Recoveries	7,655	2,441	29,903	32,826	35,424
Provisions (credit)	23,252	22,894	45,609	-3,934	-1,835
Allowance for loan losses, Ending balance	90,767	130,936	90,767	130,936	105,279
Allowance for loan losses evaluated for impairment, Individually	0	0	0	0	0
Allowance for loan losses evaluated for impairment, Collectively	90,767	130,936	90,767	130,936	105,279
Allowance for loan losses	90,767	130,936	90,767	130,936	105,279
Loans evaluated for impairment, Individually	0	0	0	0	0
Loans evaluated for impairment, Collectively	7,943,615	9,412,856	7,943,615	9,412,856	8,819,359
Total Loans	7,943,615	9,412,856	7,943,615	9,412,856	8,819,359
Unallocated	'	'	'	'	'
Allowance for loan losses, Beginning balance	317,922	250,524	271,201	312,428	312,428
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provisions (credit)	-19,194	-30,157	27,527	-92,061	-41,227
Allowance for loan losses, Ending balance	298,728	220,367	298,728	220,367	271,201
Allowance for loan losses evaluated for impairment, Individually	0	0	0	0	0
Allowance for loan losses evaluated for impairment, Collectively	298,728	220,367	298,728	220,367	271,201
Allowance for loan losses	$298,728	$220,367	$298,728	$220,367	$271,201

5_Loans_Allowance_for_Loan_Los5

5. Loans, Allowance for Loan Losses and Credit Quality (Details 3) (USD $)	9 Months Ended				12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Dec. 31, 2013
Recorded Investment allowance recorded	$3,994,071		$4,439,311		$4,108,216
Unpaid Principal Balance allowance recorded	4,379,857		4,907,603		4,676,730
Related Allowance recorded	128,600		411,900		351,400
Average Recorded Investment Allowance recorded	4,265,887	[1]	3,764,201	[2]	3,998,811
Average Recorded Investment Allowance recorded	4,026,672	[3]	3,971,460	[4]	'
Commercial and industrial	'		'		'
Recorded Investment With no related allowance recorded	726,688		319,010		314,510
Recorded Investment With an allowance recorded	256,356		0		59,186
Recorded Investment allowance recorded	983,044		319,010		373,696
Unpaid Principal Balance With no related allowance recorded	772,605		366,022		363,618
Unpaid Principal Balance With an allowance recorded	294,950		0		59,186
Unpaid Principal Balance allowance recorded	1,067,555		366,022		422,804
Related Allowance With no related allowance recorded	0		0		0
Related Allowance With an allowance recorded	21,200		0		27,500
Related Allowance recorded	21,200		0		27,500
Average Recorded Investment With no related allowance recorded	772,852	[1]	312,218	[2]	339,519
Average Recorded Investment With an allowance recorded	335,613	[1]	0	[2]	11,837
Average Recorded Investment Allowance recorded	1,108,465	[1]	312,218	[2]	351,356
Average Recorded Investment With no related allowance recorded	536,388	[3]	345,772	[4]	'
Average Recorded Investment With an allowance recorded	198,362	[3]	0	[4]	'
Average Recorded Investment Allowance recorded	734,750	[3]	345,772	[4]	'
Commercial Real Estate	'		'		'
Recorded Investment With no related allowance recorded	1,305,203		1,199,398		944,845
Recorded Investment With an allowance recorded	423,569		517,472		441,632
Recorded Investment allowance recorded	1,728,772		1,716,870		1,386,477
Unpaid Principal Balance With no related allowance recorded	1,414,604		1,269,979		1,021,143
Unpaid Principal Balance With an allowance recorded	439,630		517,472		446,963
Unpaid Principal Balance allowance recorded	1,854,234		1,787,451		1,468,106
Related Allowance With no related allowance recorded	0		0		0
Related Allowance With an allowance recorded	62,000		115,700		147,700
Related Allowance recorded	62,000		115,700		147,700
Average Recorded Investment With no related allowance recorded	1,321,387	[1]	1,085,322	[2]	1,325,504
Average Recorded Investment With an allowance recorded	322,093	[1]	307,194	[2]	272,174
Average Recorded Investment Allowance recorded	1,643,480	[1]	1,392,516	[2]	1,597,678
Average Recorded Investment With no related allowance recorded	1,186,767	[3]	1,420,668	[4]	'
Average Recorded Investment With an allowance recorded	299,003	[3]	229,809	[4]	'
Average Recorded Investment Allowance recorded	1,485,770	[3]	1,650,477	[4]	'
Residential real estate - 1st lien	'		'		'
Recorded Investment With no related allowance recorded	812,609		1,156,159		1,354,432
Recorded Investment With an allowance recorded	134,720		577,980		434,361
Recorded Investment allowance recorded	947,329		1,734,139		1,788,793
Unpaid Principal Balance With no related allowance recorded	903,309		1,390,485		1,654,023
Unpaid Principal Balance With an allowance recorded	163,115		657,154		474,496
Unpaid Principal Balance allowance recorded	1,066,424		2,047,639		2,128,519
Related Allowance With no related allowance recorded	0		0		0
Related Allowance With an allowance recorded	45,400		110,500		99,700
Related Allowance recorded	45,400		110,500		99,700
Average Recorded Investment With no related allowance recorded	822,309	[1]	1,026,675	[2]	1,088,631
Average Recorded Investment With an allowance recorded	338,782	[1]	523,738	[2]	515,685
Average Recorded Investment Allowance recorded	1,161,091	[1]	1,550,413	[2]	1,604,316
Average Recorded Investment With no related allowance recorded	1,062,894	[3]	1,022,181	[4]	'
Average Recorded Investment With an allowance recorded	339,732	[3]	536,016	[4]	'
Average Recorded Investment Allowance recorded	1,402,626	[3]	1,558,197	[4]	'
Residential real estate - Jr lien	'		'		'
Recorded Investment With no related allowance recorded	245,666		102,913		164,137
Recorded Investment With an allowance recorded	89,260		566,379		395,113
Recorded Investment allowance recorded	334,926		669,292		559,250
Unpaid Principal Balance With no related allowance recorded	391,644		110,997		228,134
Unpaid Principal Balance With an allowance recorded	0		595,494		429,167
Unpaid Principal Balance allowance recorded	391,644		706,491		657,301
Related Allowance With no related allowance recorded	0		0		0
Related Allowance With an allowance recorded	0		185,700		76,500
Related Allowance recorded	0		185,700		76,500
Average Recorded Investment With no related allowance recorded	257,789	[1]	63,752	[2]	64,606
Average Recorded Investment With an allowance recorded	95,062	[1]	445,302	[2]	380,855
Average Recorded Investment Allowance recorded	352,851	[1]	509,054	[2]	445,461
Average Recorded Investment With no related allowance recorded	193,995	[3]	39,723	[4]	'
Average Recorded Investment With an allowance recorded	209,531	[3]	377,291	[4]	'
Average Recorded Investment Allowance recorded	$403,526	[3]	$417,014	[4]	'
[1]	For the Three Months Ended September 30, 2014
[2]	For the Three Months Ended September 30, 2013
[3]	For the Nine Months Ended September 30, 2014
[4]	For the Nine Months Ended September 30, 2013

5_Loans_Allowance_for_Loan_Los6

5. Loans, Allowance for Loan Losses and Credit Quality (Details 4) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Group A	$427,697,417	$423,569,097	$416,349,459
Group B	6,534,031	6,737,681	6,658,105
Group C	9,757,182	9,602,148	8,974,223
Total Loans	443,988,630	439,908,926	431,981,787
Commercial and industrial	'	'	'
Group A	60,077,761	51,740,744	51,937,275
Group B	2,717,261	2,824,169	2,412,663
Group C	1,164,208	1,054,372	1,150,797
Total Loans	63,959,230	55,619,285	55,500,735
Commercial Real Estate	'	'	'
Group A	153,398,713	148,516,895	139,168,914
Group B	3,447,445	3,292,200	3,572,369
Group C	5,429,340	5,126,708	4,539,504
Total Loans	162,275,498	156,935,803	147,280,787
Residential real estate - 1st lien	'	'	'
Group A	162,739,339	169,771,357	171,694,502
Group B	205,415	160,468	175,081
Group C	2,717,672	2,915,249	2,638,426
Total Loans	165,662,426	172,847,074	174,508,009
Residential real estate - Jr lien	'	'	'
Group A	43,546,848	44,739,736	44,144,667
Group B	163,910	460,844	497,992
Group C	437,103	486,825	636,741
Total Loans	44,147,861	45,687,405	45,279,400
Consumer	'	'	'
Group A	7,934,756	8,800,365	9,404,101
Group B	0	0	0
Group C	8,859	18,994	8,755
Total Loans	$7,943,615	$8,819,359	$9,412,856

5_Loans_Allowance_for_Loan_Los7

5. Loans, Allowance for Loan Losses and Credit Quality (Details 5) (USD $)	12 Months Ended		3 Months Ended	9 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Dec. 31, 2013
	integer	Residential real estate - Jr lien	Residential Real Estate - 1st Lien	Residential Real Estate - 1st Lien	Residential real estate - 1st lien	Residential Real Estate - 1st Lien
		integer	integer	integer	integer	integer
Number of Contracts modified as TDRs	5	1	2	1	8	4
Pre-Modification Outstanding Recorded Investment	$344,831	$23,425	$432,573	$23,425	$913,471	$321,406
Post- Modification Outstanding Recorded Investment	$353,691	$23,425	$436,963	$23,425	$947,700	$330,266

5_Loans_Allowance_for_Loan_Los8

5. Loans, Allowance for Loan Losses and Credit Quality (Details 6) (Residential Real Estate - 1st Lien, USD $)	9 Months Ended
	Sep. 30, 2014
	integer
Residential Real Estate - 1st Lien	'
Number of Contract	5
Recorded Investment	$438,428

5_Loans_Allowance_for_Loan_Los9

5. Loans, Allowance for Loan Losses and Credit Quality (Details Narrative) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]	'	'	'
Allowance related to TDRs	$6,600	$5,800	$0

6_Goodwill_and_Other_Intangibl2

6. Goodwill and Other Intangible Assets (Details) (USD $)	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
2014	$68,170
2015	272,695
2016	272,695
2017	272,697
Total remaining core deposit intangible	$886,257

6_Goodwill_and_Other_Intangibl3

6. Goodwill and Other Intangible Assets (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Accumulated amortization expense	$3,274,743	$3,002,049
Amortization expense for the core deposit intangible	$204,525	$204,525

7_Fair_Value_Details

7. Fair Value (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
U.S. GSE debt securities	$15,885,881	$29,138,914	$28,389,611
U.S. Government securities	4,002,500	6,049,688	7,062,460
Agency MBS	9,279,144	'	'
Fair Value Level 1	'	'	'
U.S. GSE debt securities	0	0	0
U.S. Government securities	4,002,500	6,049,688	7,062,460
Agency MBS	0	'	'
Fair Value Level 2	'	'	'
U.S. GSE debt securities	15,885,881	29,138,914	28,389,611
U.S. Government securities	0	0	0
Agency MBS	$9,279,144	'	'

7_Fair_Value_Details_1

7. Fair Value (Details 1) (Fair Value Level 2, USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Fair Value Level 2	'	'	'
Assets: (market approach)	'	'	'
Residential mortgage servicing rights	$1,326,543	$1,329,079	$1,227,790
Impaired loans, net of related allowance	775,305	978,892	1,249,931
OREO	$1,097,820	$1,105,525	$1,125,105

7_Fair_Value_Details_2

7. Fair Value (Details 2) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Fair Value Level 1	'	'	'
Financial assets: (Dollars in Thousands)	'	'	'
Cash and cash equivalents	$10,852	$18,330	$13,382
Securities held-to-maturity	0	0	0
Securities available-for-sale	4,003	6,050	7,062
Restricted equity securities	0	0	0
Loans and loans held-for-sale	'	'	'
Commercial & Industrial	0	0	0
Commercial real estate	0	0	0
Residential real estate - 1st lien	0	0	0
Residential real estate - Jr. lien	0	0	0
Consumer	0	0	0
Mortgage servicing rights	0	0	0
Accrued interest receivable	0	0	0
Financial liabilities: (Dollars in Thousands)	'	'	'
Deposits, Other deposits	0	0	0
Deposits, Brokered deposits	0	0	0
Federal funds purchased and short-term borrowings	0	'	0
Long-term borrowings	'	'	0
Repurchase agreements	0	0	0
Capital lease obligations	0	0	0
Subordinated debentures	0	0	0
Accrued interest payable	0	0	0
Fair Value Level 2	'	'	'
Financial assets: (Dollars in Thousands)	'	'	'
Cash and cash equivalents	0	0	0
Securities held-to-maturity	48,472	38,370	39,610
Securities available-for-sale	25,165	29,139	28,390
Restricted equity securities	3,332	3,633	3,633
Loans and loans held-for-sale	'	'	'
Commercial & Industrial	962	346	319
Commercial real estate	1,667	1,239	1,601
Residential real estate - 1st lien	901	1,689	1,624
Residential real estate - Jr. lien	335	483	483
Consumer	0	0	0
Mortgage servicing rights	1,561	1,608	1,228
Accrued interest receivable	1,689	1,778	1,633
Financial liabilities: (Dollars in Thousands)	'	'	'
Deposits, Other deposits	455,002	464,220	455,772
Deposits, Brokered deposits	19,751	18,401	16,038
Federal funds purchased and short-term borrowings	10,175	'	8,325
Long-term borrowings	'	'	0
Repurchase agreements	23,360	29,645	23,686
Capital lease obligations	659	711	727
Subordinated debentures	12,870	12,880	12,872
Accrued interest payable	65	75	73
Fair Value Level 3	'	'	'
Financial assets: (Dollars in Thousands)	'	'	'
Cash and cash equivalents	0	0	0
Securities held-to-maturity	0	0	0
Securities available-for-sale	0	0	0
Restricted equity securities	0	0	0
Loans and loans held-for-sale	'	'	'
Commercial & Industrial	63,697	56,035	56,038
Commercial real estate	163,360	157,843	148,401
Residential real estate - 1st lien	168,133	174,776	177,800
Residential real estate - Jr. lien	44,446	45,785	45,272
Consumer	8,239	9,130	9,742
Mortgage servicing rights	0	0	0
Accrued interest receivable	0	0	0
Financial liabilities: (Dollars in Thousands)	'	'	'
Deposits, Other deposits	0	0	0
Deposits, Brokered deposits	0	0	0
Federal funds purchased and short-term borrowings	0	'	0
Long-term borrowings	'	'	0
Repurchase agreements	0	0	0
Capital lease obligations	0	0	0
Subordinated debentures	0	0	0
Accrued interest payable	0	0	0
Carrying Amount	'	'	'
Financial assets: (Dollars in Thousands)	'	'	'
Cash and cash equivalents	10,852	18,330	13,382
Securities held-to-maturity	48,070	37,937	39,219
Securities available-for-sale	29,168	35,189	35,452
Restricted equity securities	3,332	3,633	3,633
Loans and loans held-for-sale	'	'	'
Commercial & Industrial	63,242	55,069	54,994
Commercial real estate	159,916	154,696	145,266
Residential real estate - 1st lien	164,589	171,498	174,135
Residential real estate - Jr. lien	43,834	45,292	44,739
Consumer	7,848	8,708	9,278
Mortgage servicing rights	1,327	1,329	1,228
Accrued interest receivable	1,689	1,778	1,633
Financial liabilities: (Dollars in Thousands)	'	'	'
Deposits, Other deposits	454,629	463,160	454,521
Deposits, Brokered deposits	19,749	18,393	16,029
Federal funds purchased and short-term borrowings	10,175	'	8,325
Long-term borrowings	'	'	0
Repurchase agreements	23,360	29,645	23,686
Capital lease obligations	659	711	727
Subordinated debentures	12,887	12,887	12,887
Accrued interest payable	65	75	73
Fair Value	'	'	'
Financial assets: (Dollars in Thousands)	'	'	'
Cash and cash equivalents	10,852	18,330	13,382
Securities held-to-maturity	48,472	38,370	39,610
Securities available-for-sale	29,168	35,189	35,452
Restricted equity securities	3,332	3,633	3,633
Loans and loans held-for-sale	'	'	'
Commercial & Industrial	64,659	56,381	56,357
Commercial real estate	165,027	159,082	150,002
Residential real estate - 1st lien	169,034	176,465	179,424
Residential real estate - Jr. lien	44,781	46,268	45,755
Consumer	8,239	9,130	9,742
Mortgage servicing rights	1,561	1,608	1,228
Accrued interest receivable	1,689	1,778	1,633
Financial liabilities: (Dollars in Thousands)	'	'	'
Deposits, Other deposits	455,002	464,220	455,772
Deposits, Brokered deposits	19,751	18,401	16,038
Federal funds purchased and short-term borrowings	10,175	'	8,325
Long-term borrowings	'	'	0
Repurchase agreements	23,360	29,645	23,686
Capital lease obligations	659	711	727
Subordinated debentures	12,870	12,880	12,872
Accrued interest payable	$65	$75	$73

8_Loan_Servicing_Details

8. Loan Servicing (Details) (USD $)	9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Transfers and Servicing of Financial Assets [Abstract]	'	'	'
Balance at beginning of year	$1,329,079	$1,009,623	$1,009,623
Mortgage servicing rights capitalized	166,295	215,196	274,253
Mortgage servicing rights amortized	-186,441	-259,697	-317,865
Change in valuation allowance	17,610	262,668	363,068
Balance at end of period	$1,326,543	$1,227,790	$1,329,079

10_Subsequent_Event_Details

10. Subsequent Event (Details) (USD $)	Sep. 30, 2014
Subsequent Event Details	'
Dividend	$783,979