United Bancorp (UBCP) 10-Q12 Aug 152015 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2015	Aug. 05, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	UNITED BANCORP INC /OH/
Entity Central Index Key	731,653
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	UBCP
Entity Common Stock, Shares Outstanding		5,377,454

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 5,346	$ 5,170
Interest-bearing demand deposits	19,945	33,994
Cash and cash equivalents	25,291	39,164
Available-for-sale securities	39,565	19,348
Held-to-maturity securities	235	450
Loans, net of allowance for loan losses of $2,697 and $2,400 at June 30, 2015 and December 31, 2014, respectively	309,225	313,354
Premises and equipment	10,511	10,071
Federal Home Loan Bank stock	4,210	4,210
Foreclosed assets held for sale, net	1,107	1,140
Intangible assets	7	66
Accrued interest receivable	792	829
Deferred income taxes	516	493
Bank-owned life insurance	13,423	10,747
Other assets	1,855	1,940
Total assets	406,737	401,812
Deposits
Demand	187,326	183,550
Savings	73,537	71,319
Time	62,579	67,812
Total deposits	323,442	322,681
Short-term borrowings	9,028	5,098
Federal Home Loan Bank advances	26,635	26,719
Subordinated debentures	4,124	4,124
Interest payable and other liabilities	2,454	2,800
Total liabilities	365,683	361,422
Stockholders' Equity
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued	0	0
Common stock, $1 par value; authorized 10,000,000 shares; issued 2015 -5,385,304 shares, 2014 - 5,385,304 shares	5,385	5,385
Additional paid-in capital	18,104	18,044
Retained earnings	21,008	20,478
Stock held by deferred compensation plan; 2015 -229,171 shares, 2014 - 230,446 shares	(2,013)	(2,044)
Unearned ESOP compensation	(1,372)	(1,467)
Accumulated other comprehensive income	5	57
Treasury stock, at cost 2015 -7,850 shares, 2014 - 7,850 shares	(63)	(63)
Total stockholders' equity	41,054	40,390
Total liabilities and stockholders' equity	$ 406,737	$ 401,812

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Loans, allowance for loan losses	$ 2,697	$ 2,400
Preferred stock, no par value	$ 0	$ 0
Preferred stock, authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 1	$ 1
Common stock, authorized	10,000,000	10,000,000
Common stock, issued	5,385,304	5,385,304
Stock held by deferred compensation plan, shares	229,171	230,446
Treasury stock, shares	7,850	7,850

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest and dividend income
Loans, including fees	$ 3,822	$ 3,924	$ 7,504	$ 7,817
Taxable securities	98	69	162	140
Non-taxable securities	39	65	86	134
Federal funds sold	20	23	37	34
Dividends on Federal Home Loan Bank stock and other	61	53	110	106
Total interest and dividend income	4,040	4,134	7,899	8,231
Deposits
Demand	28	27	55	52
Savings	8	8	16	16
Time	226	265	456	539
Borrowings	320	320	636	639
Total interest expense	582	620	1,163	1,246
Net interest income	3,458	3,514	6,736	6,985
Provision for Loan Losses	145	216	261	432
Net interest income after provision for loan losses	3,313	3,298	6,475	6,553
Noninterest income
Service charges on deposit accounts	711	702	1,410	1,329
Realized gains on sales of loans	18	12	29	16
Realized gain on sales of available-for-sale securities	11	0	31	0
Realized gains on sales of real estate and other repossessed assets	2	0	2	0
BOLI benefit in excess of surrender value	0	35	0	35
Other income	193	210	405	417
Total noninterest income	935	959	1,877	1,797
Noninterest expense
Salaries and employee benefits	1,575	1,602	3,170	3,262
Net occupancy and equipment expense	503	500	994	1,018
Provision for impairment on foreclosed real estate	0	0	0	162
Professional services	177	210	368	428
Insurance	59	74	126	148
Deposit insurance premiums	51	72	114	137
Franchise and other taxes	73	70	140	124
Advertising	85	121	169	227
Stationery and office supplies	32	51	77	92
Amortization of intangibles	29	29	59	59
Net realized loss on sale of other real estate and repossessions	0	0	0	6
Other expenses	528	570	1,029	1,123
Total noninterest expense	3,112	3,299	6,246	6,786
Income before federal income taxes	1,136	958	2,106	1,564
Federal income taxes	331	242	607	364
Net income	$ 805	$ 716	$ 1,499	$ 1,200
EARNINGS PER COMMON SHARE
Basic	$ 0.16	$ 0.14	$ 0.30	$ 0.24
Diluted	0.16	0.14	0.30	0.24
DIVIDENDS PER COMMON SHARE	$ 0.09	$ 0.08	$ 0.18	$ 0.16

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 805	$ 716	$ 1,499	$ 1,200
Other comprehensive income(loss), net of tax:
Reclassification adjustment for realized gains on available-for-sale securities included in net income, net of tax of ($4), $0, ($11), $0	(7)	0	(20)	0
Unrealized holding gains (losses) on securities during the period, net of taxes (benefits) of $(26), $99, $(17) and $174 for each respective period	(50)	193	(32)	336
Comprehensive income	$ 748	$ 909	$ 1,447	$ 1,536

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	$ (4)	$ 0	$ (11)	$ 0
Unrealized holding gain on securities during the period, net of tax benefits	$ (26)	$ 99	$ (17)	$ 174

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities
Net income	$ 1,499	$ 1,200
Items not requiring (providing) cash
Amortization (accretion) of premiums and discounts on securities, net	0	2
Depreciation and amortization	479	490
Amortization of intangible asset	59	59
Gain on sale of available-for-sale securities	(31)	0
Expense related to share based compensation plans	91	83
Expense related to ESOP	94	96
Provision for loan losses	261	432
Provision for losses on foreclosed real estate	0	162
Gain on sale of loans	(29)	(16)
Proceeds from sale of loans	1,967	921
Loans originated for sale	(1,938)	(905)
(Gain) loss on sale of foreclosed assets	(2)	5
Amortization of mortgage servicing rights	7	9
Net change in accrued interest receivable and other assets	144	(619)
Increase in value of bank-owned life insurance	(176)	(44)
Net change in accrued expenses and other liabilities	(348)	(607)
Changes in
Net cash provided by operating activities	2,077	1,268
Securities available for sale:
Maturities, prepayments and calls	11,342	5,458
Purchases	(31,983)	(3,000)
Securities held to maturity:
Maturities, prepayments and calls	215	119
Proceeds from sale of available-for-sale securities	383	0
Net change in loans	3,839	(5,910)
Mandatory redemption of Federal Home Loan Bank Stock	0	600
Purchase of insurance product	(2,500)
Purchases of premises and equipment	(920)	(196)
Proceeds from sale of foreclosed assets	35	458
Net cash used in investing activities	(19,589)	(2,471)
Financing Activities
Net change in deposits	761	8,912
Net change in short-term borrowings	3,930	831
Repayments of long-term borrowings	(84)	(151)
Treasury stock activity	0	14
Cash dividends paid on common stock	(968)	(860)
Net cash provided by financing activities	3,639	8,746
(Decrease) increase in Cash and Cash Equivalents	(13,873)	7,543
Cash and Cash Equivalents, Beginning of Period	39,164	23,474
Cash and Cash Equivalents, End of Period	25,291	31,017
Supplemental Cash Flows Information
Interest paid on deposits and borrowings	1,171	1,356
Federal income taxes paid	471	580
Supplemental Disclosure of Non-Cash Investing and Financing Activities
Transfers from loans to foreclosed assets held for sale	0	195
Vesting of restricted stock	$ 39	$ 203

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1: Summary of Significant Accounting Policies These interim financial statements are prepared without audit and reflect all adjustments which, in the opinion of management, are necessary to present fairly the financial position of United Bancorp, Inc. (“Company”) at June 30, 2015, and its results of operations and cash flows for the interim periods presented. All such adjustments are normal and recurring in nature. The accompanying condensed consolidated financial statements have been prepared in accordance with the instructions for Form 10-Q and, therefore, do not purport to contain all the necessary financial disclosures required by accounting principles generally accepted in the United States of America that might otherwise be necessary in the circumstances and should be read in conjunction with the Company’s consolidated financial statements and related notes for the year ended December 31, 2014 included in its Annual Report on Form 10-K. Reference is made to the accounting policies of the Company described in the Notes to the Consolidated Financial Statements contained in its Annual Report on Form 10-K. The results of operations for the three months and six months ended June 30, 2015, are not necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet of the Company as of December 31, 2014 has been derived from the audited consolidated balance sheet of the Company as of that date. The consolidated financial statements include the accounts of United Bancorp, Inc. (“United” or “the Company”) and its wholly-owned subsidiary, The Citizens Savings Bank of Martins Ferry, Ohio (“the Bank” or “Citizens”). The Bank operates two divisions, The Community Bank, a division of The Citizens Savings Bank and The Citizens Bank, a division of The Citizens Savings Bank. All intercompany transactions and balances have been eliminated in consolidation. The Company’s revenues, operating income, and assets are almost exclusively derived from banking. Accordingly, all of the Company’s banking operations are considered by management to be aggregated in one reportable operating segment. Customers are mainly located in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties and the surrounding localities in northeastern, east-central and southeastern Ohio, and include a wide range of individuals, businesses and other organizations. The Citizens Bank division conducts its business through its main office in Martins Ferry, Ohio and offices in Bridgeport, Colerain, Dellroy, Dillonvale, Dover, Jewett, New Philadelphia, St. Clairsville East, St. Clairsville West, Sherrodsville, Strasburg, and Tiltonsville, Ohio. The Community Bank division conducts its business through its two offices in Lancaster, Ohio and offices in Amesville, Glouster, and Nelsonville, Ohio. The Company’s primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets and real estate and are not considered “sub prime” type loans. The targeted lending areas of our Bank operations encompass four separate metropolitan areas, minimizing the risk to changes in economic conditions in the communities housing the Company’s branch locations. Commercial loans are expected to be repaid from cash flow from operations of businesses. Real estate loans are secured by both residential and commercial real estate. Net interest income is affected by the relative amount of interest-earning assets and interest-bearing liabilities and the interest received or paid on these balances. The level of interest rates paid or received by the Company can be significantly influenced by a number of environmental factors, such as governmental monetary and fiscal policies, that are outside of management’s control. To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided and future results could differ. The allowance for loan losses and fair values of financial instruments are particularly subject to change. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, any unamortized deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized as a level yield adjustment over the respective term of the loan. For all loan classes, the accrual of interest is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. For all loan classes, the entire balance of the loan is considered past due if the minimum payment contractually required to be paid is not received by the contractual due date. For all loan classes, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. Management’s general practice is to proactively charge down loans individually evaluated for impairment to the fair value of the underlying collateral. Consistent with regulatory guidance, charge-offs on all loan segments are taken when specific loans, or portions thereof, are considered uncollectible. The Company’s policy is to promptly charge these loans off in the period the uncollectible loss is reasonably determined. For all loan portfolio segments except residential and consumer loans, the Company promptly charges-off loans, or portions thereof, when available information confirms that specific loans are uncollectible based on information that includes, but is not limited to, (1) the deteriorating financial condition of the borrower, (2) declining collateral values, and/or (3) legal action, including bankruptcy, that impairs the borrower’s ability to adequately meet its obligations. For impaired loans that are considered to be solely collateral dependent, a partial charge-off is recorded when a loss has been confirmed by an updated appraisal or other appropriate valuation of the collateral. The Company charges-off residential and consumer loans when the Company reasonably determines the amount of the loss. The Company adheres to timeframes established by applicable regulatory guidance which provides for the charge-down of 1-4 family first and junior lien mortgages to the net realizable value less costs to sell when the loan is 120 days past due, charge-off of unsecured open-end loans when the loan is 120 days past due, and charge down to the net realizable value when other secured loans are 120 days past due. Loans at these respective delinquency thresholds for which the Company can clearly document that the loan is both well-secured and in the process of collection, such that collection will occur regardless of delinquency status, need not be charged off. For all classes, all interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Nonaccrual loans are returned to accrual status when, in the opinion of management, the financial position of the borrower indicates there is no longer any reasonable doubt as to the timely collection of interest or principal. The Company requires a period of satisfactory performance of not less than six months before returning a nonaccrual loan to accrual status. When cash payments are received on impaired loans in each loan class, the Company records the payment as interest income unless collection of the remaining recorded principal amount is doubtful, at which time payments are used to reduce the principal balance of the loan. Troubled debt restructured loans recognize interest income on an accrual basis at the renegotiated rate if the loan is in compliance with the modified terms, no principal reduction has been granted and the loan has demonstrated the ability to perform in accordance with the renegotiated terms for a period of at least six months. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-impaired loans and is based on historical charge-off experience by segment. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the prior three years. Management believes the three year historical loss experience methodology is appropriate in the current economic environment. A loan is considered impaired when, based on current information and events, 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 the probability of collecting scheduled principal and interest payments when due based on the loan’s current payment status and the borrower’s financial condition including available sources of cash flows. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines 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 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 for non-homogenous type loans such as commercial, non-owner residential and construction loans 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. For impaired loans where the Company utilizes the discounted cash flows to determine the level of impairment, the Company includes the entire change in the present value of cash flows as bad debt expense. The fair values of collateral dependent impaired loans are based on independent appraisals of the collateral. In general, the Company acquires an updated appraisal upon identification of impairment and annually thereafter for commercial, commercial real estate and multi-family loans. If the most recent appraisal is over a year old, and a new appraisal is not performed, due to lack of comparable values or other reasons, the existing appraisal is utilized and discounted generally 10% - 35% based on the age of the appraisal, condition of the subject property, and overall economic conditions. After determining the collateral value as described, the fair value is calculated based on the determined collateral value less selling expenses. The potential for outdated appraisal values is considered in our determination of the allowance for loan losses through our analysis of various trends and conditions including the local economy, trends in charge-offs and delinquencies, etc. and the related qualitative adjustments assigned by the Company. Segments of loans with similar risk characteristics are collectively evaluated for impairment based on the segment’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. In the course of working with borrowers, the Company may choose to restructure the contractual terms of certain loans. In this scenario, the Company attempts to work-out an alternative payment schedule with the borrower in order to optimize collectability of the loan. Any loans that are modified are reviewed by the Company to identify if a troubled debt restructuring (“TDR”) has occurred, which is when, 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. Terms may be modified to fit the ability of the borrower to repay in line with its current financial status and the restructuring of the loan may include the transfer of assets from the borrower to satisfy the debt, a modification of loan terms, or a combination of the two. If such efforts by the Company do not result in a satisfactory arrangement, the loan is referred to legal counsel, at which time foreclosure proceedings are initiated. At any time prior to a sale of the property at foreclosure, the Company may terminate foreclosure proceedings if the borrower is able to work-out a satisfactory payment plan. It is the Company’s policy to have any restructured loans which are on nonaccrual status prior to being restructured remain on nonaccrual status until six months of satisfactory borrower performance at which time management would consider its return to accrual status. If a loan was accruing at the time of restructuring, the Company reviews the loan to determine if it is appropriate to continue the accrual of interest on the restructured loan. With regard to determination of the amount of the allowance for credit losses, trouble debt restructured loans are considered to be impaired. As a result, the determination of the amount of impaired loans for each portfolio segment within troubled debt restructurings is the same as detailed previously. Basic earnings per share represents income available to common stockholders divided by the weighted-average number of common shares outstanding during each period. Diluted earnings per share reflects additional potential common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options and restricted stock awards and are determined using the treasury stock method. Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (In thousands, except share and per share data) Basic Net income $ 805 $ 716 $ 1,499 $ 1,200 Dividends on non-vested restricted stock (14) (13) (28) (28) Net income allocated to stockholders $ 791 $ 703 $ 1,471 $ 1,172 Weighted average common shares outstanding 4,854,020 4,851,805 4,854,684 4,832,847 Basic earnings per common share $ 0.16 $ 0.14 $ 0.30 $ 0.24 Diluted Net income allocated to stockholders $ 791 $ 703 $ 1,471 $ 1,172 Weighted average common shares outstanding for basic earnings per common share 4,854,020 4,851,805 4,854,684 4,832,847 Add: Dilutive effects of assumed exercise of stock options and restricted stock 84,522 80,215 84,522 80,215 Average shares and dilutive potential common shares 4,938,542 4,932,020 4,939,206 4,913,062 Diluted earnings per common share $ 0.16 $ 0.14 $ 0.30 $ 0.24 Options to purchase 53,714 10.34 The Company is subject to income taxes in the U.S. federal jurisdiction, as well as various state jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for the years before 2011. In May 2014, the FASB issued ASU No. 2014-09 Revenue from Contracts with Customers (Topic 606) (ASU 2014-09). This update to the ASC is the culmination of efforts by the FASB and the International Accounting Standards Board (IASB) to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards (IFRS). ASU 2014-09 supersedes Topic 605 Revenue Recognition and most industry-specific guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance in ASU 2014-09 describes a 5-step process entities can apply to achieve the core principle of revenue recognition and requires disclosures sufficient to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers and the significant judgments used in determining that information. The amendments in ASU 2014-09 are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period and early application is not allowed. The Company is currently evaluating the effects of ASU 2014-09 on its financial statements and disclosures, if any. ASU No. 2014-11, Transfer and Servicing (Topic) 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures ASU No. 2014-11 was issued in June 2014 and requires two accounting changes: The accounting for repurchase-to-maturity transactions is changed to secured borrowings accounting, and for repurchase financing arrangements, separate accounting is required for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which results in secured borrowing accounting. Additional disclosures are required. ASU No. 2014-11 was effective for first interim or annual reporting period beginning after December 15, 2014. In addition, for public companies, the disclosure for certain transactions accounted for as a sale is effective for the first interim or annual period beginning on or after December 15, 2014, and the disclosure for transactions accounted for as secured borrowings is required fro annual periods beginning after December 15, 2014, and interim periods beginning after March 15, 2015. The Company adopted ASU 2014-11 as required, without a material impact on the Company’s financial position or results of operations.

Securities

Securities	6 Months Ended
Securities	Jun. 30, 2015
Trading Securities [Abstract]
Securities	Note 2: Securities Amortized Cost Gross Gross Approximate (In thousands) Available-for-sale Securities: June 30, 2015: U.S. government agencies $ 35,998 $ 18 $ (89) $ 35,927 State and political subdivisions 3,586 52 3,638 $ 39,584 $ 70 $ (89) $ 39,565 Available-for-sale Securities: December 31, 2014: U.S. government agencies $ 14,443 $ 4 $ (67) $ 14,380 State and political subdivisions 4,841 105 4,946 Equity securities 4 18 22 $ 19,288 $ 127 $ (67) $ 19,348 Amortized Cost Gross Gross Approximate (In thousands) Held-to-maturity Securities: June 30, 2015: State and political subdivisions $ 235 $ 1 $ $ 236 December 31, 2014: State and political subdivisions $ 450 $ 1 $ $ 451 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair (In thousands) Within one year $ 830 $ 840 $ 235 $ 236 One to five years 37,262 37,217 Five to ten years 1,492 1,508 Totals $ 39,584 $ 39,565 $ 235 $ 236 Certain investments in debt securities are reported in the financial statements at an amount less than their historical cost. The total fair value of these investments at June 30, 2015 and December 31, 2014, was $ 26.9 7.1 67.6 35.7 Based on evaluation of available evidence, including recent changes in market interest rates, credit rating information and information obtained from regulatory filings, management believes the declines in fair value for these securities are temporary and are a result on an general increase in longer term interest rates. Should the impairment of any of these securities become other-than-temporary, the cost basis of the investment will be reduced and the resulting loss recognized in net income in the period the other-than-temporary impairment is identified. June 30, 2015 Less than 12 Months 12 Months or More Total Description of Unrealized Unrealized Unrealized Securities Fair Value Losses Fair Value Losses Fair Value Losses (In thousands) U.S. Government agencies $ 26,909 $ (89) $ $ $ 26,909 $ (89) December 31, 2014 Less than 12 Months 12 Months or More Total Description of Unrealized Unrealized Unrealized Securities Fair Value Losses Fair Value Losses Fair Value Losses (In thousands) U.S. Government agencies $ 1,141 $ (2) $ 5,935 $ (65) $ 7,076 $ (67) The unrealized losses on the Company’s investments in U.S. Government agencies were caused primarily by interest rate changes. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized cost bases of the investments. Because the Company does not intend to sell the investments and it is not more likely than not the Company will be required to sell the investments before recovery of their amortized cost bases, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2015 and December 31, 2014. For the six months ended June 30, 2015, proceeds from the sale of investment securities available-for-sale were $ 383 31,000 For the three months ended June 30, 2015, proceeds from the sale of investment securities available-for-sale were $ 13 11,000 3,000 4,000

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
Loans and Allowance for Loan Losses	Jun. 30, 2015
Loans and Allowance For Loan Losses [Abstract]
Loans and Allowance for Loan Losses	Note 3: Loans and Allowance for Loan Losses June 30, December 31, 2015 2014 (In thousands) Commercial loans $ 57,478 $ 52,286 Commercial real estate 152,264 158,314 Residential real estate 82,857 83,870 Installment loans 19,323 21,284 Total gross loans 311,922 315,754 Less allowance for loan losses (2,697) (2,400) Total loans $ 309,225 $ 313,354 The risk characteristics of each loan portfolio segment are as follows: Commercial Commercial loans are primarily based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not be as expected and the collateral securing these loans may fluctuate in value. Most commercial loans are secured by the assets being financed or other business assets, such as accounts receivable or inventory, and may include a personal guarantee. Short-term loans may be made on an unsecured basis. In the case of loans secured by accounts receivable, the availability of funds for the repayment of these loans may be substantially dependent on the ability of the borrower to collect amounts due from its customers. Commercial Real Estate Commercial real estate loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial real estate lending typically involves higher loan principal amounts and the repayment of these loans is generally dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy. The characteristics of properties securing the Company’s commercial real estate portfolio are diverse, but with geographic location almost entirely in the Company’s market area. Management monitors and evaluates commercial real estate loans based on collateral, geography and risk grade criteria. In general, the Company avoids financing single purpose projects unless other underwriting factors are present to help mitigate risk. In addition, management tracks the level of owner-occupied commercial real estate versus nonowner-occupied loans. Residential and Consumer Residential and consumer loans consist of two segments - residential mortgage loans and personal loans. For residential mortgage loans that are secured by 1-4 family residences and are generally owner-occupied, the Company generally establishes a maximum loan-to-value ratio and requires private mortgage insurance if that ratio is exceeded. Home equity loans are typically secured by a subordinate interest in 1-4 family residences, and consumer personal loans are secured by consumer personal assets, such as automobiles or recreational vehicles. Some consumer personal loans are unsecured, such as small installment loans and certain lines of credit. Repayment of these loans is primarily dependent on the personal income of the borrowers, which can be impacted by economic conditions in their market areas, such as unemployment levels. Repayment can also be impacted by changes in property values on residential properties. Risk is mitigated by the fact that the loans are of smaller individual amounts and spread over a large number of borrowers. As of and for the three and six month period ended June 30, 2015 Commercial Commercial Real Estate Installment Residential Unallocated Total (In thousands) Allowance for loan losses: Balance, April 1, 2015 $ 238 $ 1,119 $ 91 $ 171 $ 887 $ 2,506 Provision charged to expense (11) (351) 71 79 357 145 Losses charged off (40) (40) Recoveries 7 3 10 66 86 Balance, June 30, 2015 $ 234 $ 771 $ 172 $ 276 $ 1,244 $ 2,697 Balance, January 1, 2015 $ 254 $ 1,116 $ 92 $ 147 $ 791 $ 2,400 Provision charged to expense (46) (352) 66 140 453 261 Losses charged off (93) (93) Recoveries 26 7 14 82 129 Balance, June 30, 2015 $ 234 $ 771 $ 172 $ 276 $ 1,244 $ 2,697 Ending balance: individually evaluated for impairment $ 86 $ 377 $ $ $ $ 463 Ending balance: collectively evaluated for impairment $ 148 $ 394 $ 172 $ 276 $ 1,244 $ 2,234 Loans: Ending balance: individually evaluated for impairment $ 98 $ 1,947 $ $ $ $ 2,045 Ending balance: collectively evaluated for impairment $ 57,380 $ 150,317 $ 19,323 $ 82,857 $ $ 309,877 Allowance for Loan Losses and Recorded Investment in Loans As of and for the three and six month period ended June 30, 2014 Commercial Commercial Real Estate Installment Residential Unallocated Total (In thousands) Allowance for loan losses: Balance, April 1, 2014 $ 1,054 $ 1,080 $ 237 $ 90 $ 577 $ 3,038 Provision charged to expense (570) 749 (31) 60 8 216 Losses charged off (13) (81) (61) (155) Recoveries 1 9 21 2 33 Balance, June 30, 2014 $ 472 $ 1,838 $ 146 $ 91 $ 585 $ 3,132 Balance, January 1, 2014 $ 412 $ 1,609 $ 141 $ 90 $ 642 $ 2,894 Provision charged to expense 83 216 121 69 (57) 432 Losses charged off (25) (178) (71) (274) Recoveries 2 13 62 3 80 Balance, June 30, 2014 $ 472 $ 1,838 $ 146 $ 91 $ 585 $ 3,132 Ending balance: individually evaluated for impairment $ 323 $ 1,353 $ $ $ $ 1,676 Ending balance: collectively evaluated for impairment $ 149 $ 485 $ 146 $ 91 $ 585 $ 1,456 Loans: Ending balance: individually evaluated for impairment $ 515 $ 6,143 $ $ $ $ 6,658 Ending balance: collectively evaluated for impairment $ 48,394 $ 153,047 $ 24,135 $ 83,163 $ $ 308,739 Allowance for Loan Losses and Recorded Investment in Loans As of December 31, 2014 Commercial Commercial Real Estate Installment Residential Unallocated Total (In thousands) Allowance for loan losses: Ending balance: individually evaluated for impairment $ 92 $ 622 $ $ $ $ 714 Ending balance: collectively evaluated for impairment $ 162 $ 494 $ 147 $ 92 $ 791 $ 1,686 Loans: Ending balance: individually evaluated for impairment $ 112 $ 1,756 $ $ $ $ 1,868 Ending balance: collectively evaluated for impairment $ 52,174 $ 156,558 $ 21,284 $ 83,870 $ $ 313,886 June 30, 2015 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 57,334 $ 146,421 $ 82,857 $ 19,323 $ 305,935 Special Mention 42 1,028 1,070 Substandard 102 4,815 4,917 Doubtful $ 57,478 $ 152,264 $ 82,857 $ 19,323 $ 311,922 December 31, 2014 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 51,895 $ 151,535 $ 83,870 $ 21,284 $ 308,584 Special Mention 265 1,980 2,245 Substandard 126 4,799 4,925 Doubtful $ 52,286 $ 158,314 $ 83,870 $ 21,284 $ 315,754 To facilitate the monitoring of credit quality within the loan portfolio, and for purposes of analyzing historical loss rates used in the determination of the ALLL, the Company utilizes the following categories of credit grades: pass, special mention, substandard, and doubtful. The four categories, which are derived from standard regulatory rating definitions, are assigned upon initial approval of credit to borrowers and updated periodically thereafter. Pass ratings, which are assigned to those borrowers that do not have identified potential or well defined weaknesses and for which there is a high likelihood of orderly repayment, are updated periodically based on the size and credit characteristics of the borrower. All other categories are updated on at least a quarterly basis. The Company assigns a special mention rating to loans that have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may, at some future date, result in the deterioration of the repayment prospects for the loan or the Company’s credit position. The Company assigns a substandard rating to loans that are inadequately protected by the current sound worth and paying capacity of the borrower or of the collateral pledged. Substandard loans have well defined weaknesses or weaknesses that could jeopardize the orderly repayment of the debt. Loans and leases in this grade also are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies noted are not addressed and corrected. The Company assigns a doubtful rating to loans that have all the attributes of a substandard rating with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high, but because of certain important and reasonable specific pending factors that may work to the advantage of and strengthen the credit quality of the loan or lease, its classification as an estimated loss is deferred until its more exact status may be determined. Pending factors may include a proposed merger or acquisition, liquidation proceeding, capital injection, perfecting liens on additional collateral or refinancing plans. The Company evaluates the loan risk grading system definitions and allowance for loan losses methodology on an ongoing basis. No significant changes were made to either during the past year to date period. As of June 30, 2015 30-59 Days 60-89 Days Greater Past Due Past Due Than 90 Total Past and and Days and Non Due and Total Loans Accruing Accruing Accruing Accrual Non Accrual Current Receivable (In thousands) Commercial $ 101 $ $ 130 $ 64 $ 295 $ 57,183 $ 57,478 Commercial real estate 528 407 935 151,329 152,264 Residential 598 32 789 1,419 81,438 82,857 Installment 152 4 264 420 18,483 19,323 Total $ 1,379 $ 36 $ 130 $ 1,524 $ 3,069 $ 308,853 $ 311,922 Loan Portfolio Aging Analysis As of December 31, 2014 30-59 Days 60-89 Days Greater Past Due Past Due Than 90 Total Past and and Days and Non Due and Total Loans Accruing Accruing Accruing Accrual Non Accrual Current Receivable (In thousands) Commercial $ $ $ $ 46 $ 46 $ 52,240 $ 52,286 Commercial real estate 394 127 247 768 157,546 158,314 Residential 292 17 658 967 82,903 83,870 Installment 70 11 7 88 21,196 21,284 Total $ 756 $ 28 $ 127 $ 958 $ 1,869 $ 313,885 $ 315,754 A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), when based on current information and events, it is probable the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming commercial loans but also include loans modified in troubled debt restructurings where concessions have been granted to borrowers experiencing financial difficulties. These concessions could include a reduction in the interest rate on the loan, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. For the three months ended For the six months ended As of June 30, 2015 June 30, 2015 June 30, 2015 Unpaid Average Interest Average Interest Recorded Principal Specific Investment in Income Investment in Income Balance Balance Allowance Impaired Loans Recognized Impaired Loans Recognized (In thousands) Loans without a specific valuation allowance: Commercial $ $ $ $ $ $ $ Commercial real estate 1,064 1,064 1,493 17 1,500 26 Residential Installment 1,064 1,064 1,493 17 1,500 26 Loans with a specific valuation allowance: Commercial 98 98 86 100 2 102 4 Commercial real estate 883 883 377 928 3 945 18 Residential Installment 981 981 463 1,028 5 1,047 22 Total: Commercial $ 98 $ 98 $ 86 $ 100 $ 2 $ 102 $ 4 Commercial real estate $ 1,947 $ 1,947 $ 377 $ 2,421 $ 20 $ 2,445 $ 44 Residential $ $ $ $ $ $ $ Installment $ $ $ $ $ $ $ Impaired Loans For the three months ended For the six months ended As of December 31, 2014 June 30, 2014 June 30, 2014 Unpaid Average Interest Average Interest Recorded Principal Specific Investment in Income Investment in Income Balance Balance Allowance Impaired Loans Recognized Impaired Loans Recognized (In thousands) Loans without a specific valuation allowance: Commercial $ 7 $ 7 $ $ 96 $ 1 $ 97 $ 1 Commercial real estate 794 1,144 684 6 691 14 Residential Installment 801 1,151 780 7 788 15 Loans with a specific valuation allowance: Commercial 105 105 92 422 2 439 4 Commercial real estate 962 962 622 5,547 78 4,706 121 Residential Installment 1,067 1,067 714 5,969 80 5,145 125 Total: Commercial $ 112 $ 112 $ 92 $ 518 $ 3 $ 536 $ 5 Commercial real estate $ 1,756 $ 2,106 $ 622 $ 6,231 $ 84 $ 5,397 $ 135 Residential $ $ $ $ $ $ $ Installment $ $ $ $ $ $ $ Interest income recognized on a cash basis was not materiality different than interest income recognized. For the TDRs noted in the tables below, the Company extended the maturity dates and granted interest rate concessions as part of each of those loan restructurings. The loans included in the tables are considered impaired and specific loss calculations are performed on the individual loans. Three Months ended June 30, 2014 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial $ $ Commercial real estate Residential Installment Three Months Ended June 30, 2014 Interest Total Only Term Combination Modification (In thousands) Commercial $ $ $ $ Commercial real estate Residential Consumer Six Months ended June 30, 2014 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial $ $ Commercial real estate 2 155 68 Residential Installment Six Months Ended June 30, 2014 Interest Total Only Term Combination Modification (In thousands) Commercial $ $ $ $ Commercial real estate 68 68 Residential Consumer During the three and six the months ended June 30, 2015, the Company did have any loans classified as troubled debt restructurings. During the six months ended June 30, 2014, troubled debt restructurings described above increased the allowance for loan losses by $ 87,000 At June 30, 2015 and 2014 and for three and six month periods then ended, there were no material defaults of any troubled debt restructurings that were modified in the last 12 months. The Company generally considers TDR’s that become 90 days or more past due under the modified terms as subsequently defaulted.

Benefit Plans

Benefit Plans	6 Months Ended
Benefit Plans	Jun. 30, 2015
Benefit Plans [Abstract]
Benefit Plans	Note 4: Benefit Plans Pension expense includes the following: Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (In thousands) Service cost $ 85 $ 74 $ 170 $ 148 Interest cost 48 35 96 70 Expected return on assets (94) (83) (188) (166) Amortization of prior service cost and net loss (12) (15) (24) (30) Pension expense $ 27 $ 11 $ 54 $ 22

Off-balance-sheet Activities

Off-balance-sheet Activities	6 Months Ended
Off-balance-sheet Activities	Jun. 30, 2015
Off Balance Sheet Activities [Abstract]
Off-balance-sheet Activities	Note 5: Off-balance-sheet Activities Some financial instruments, such as loan commitments, credit lines, letters of credit and overdraft protection, are issued to meet customer financing needs. These are agreements to provide credit or to support the credit of others, as long as conditions established in the contracts are met, and usually have expiration dates. Commitments may expire without being used. Off-balance-sheet risk to credit loss exists up to the face amount of these instruments, although material losses are not anticipated. The same credit policies are used to make such commitments as are used for loans, including obtaining collateral at exercise of the commitment. A summary of the notional or contractual amounts of financial instruments with off-balance-sheet risk at the indicated dates is as follows: June 30, December 31, 2015 2014 (In thousands) Commercial loans unused lines of credit $ 16,127 $ 13,950 Commitment to originate loans 9,152 9,228 Consumer open end lines of credit 36,293 35,604 Standby letters of credit 220

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
Accumulated Other Comprehensive Loss	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net Of Tax [Abstract]
Accumulated Other Comprehensive Income	Note 6: Accumulated Other Comprehensive Loss June 30, December 31, 2015 2014 (In thousands) Net unrealized gain (loss) on securities available-for-sale $ (19) $ 60 Net unrealized gain for funded status of defined benefit plan liability 25 25 6 85 Tax effect 1 28 Net-of-tax amount $ 5 $ 57

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 7: Fair Value Measurements The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company also utilizes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets or liabilities Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets or 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 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 Following is a description of the valuation methodologies used for assets measured at fair value on a recurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such instruments pursuant to the valuation hierarchy. Available-for-sale Securities Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. The Company’s equity securities are classified within Level 1 of the hierarchy. If quoted market prices are not available, then fair values are estimated by using quoted prices of securities with similar characteristics or independent asset pricing services and pricing models, the inputs of which are market-based or independently sourced market parameters, including, but not limited to, yield curves, interest rates, volatilities, prepayments, defaults, cumulative loss projections and cash flows. Such securities are classified in Level 2 of the valuation hierarchy. The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and December 31, 2014: Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) (In thousands) June 30, 2015 U.S. government agencies $ 35,927 $ $ 35,927 $ State and political subdivisions 3,638 3,638 December 31, 2014 U.S. government agencies $ 14,380 $ $ 14,380 $ State and political subdivisions 4,946 4,946 Equity securities 22 22 Following is a description of the valuation methodologies used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Impaired Loans (Collateral Dependent) Collateral dependent impaired loans consisted primarily of loans secured by nonresidential real estate. Management has determined fair value measurements on impaired loans primarily through evaluations of appraisals performed. Due to the nature of the valuation inputs, impaired loans are classified within Level 3 of the hierarchy. The Company considers the appraisal or evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may affect the fair value. Appraisals of the collateral underlying collateral-dependent loans are obtained when the loan is determined to be collateral-dependent and subsequently as deemed necessary by the Company’s Chief Lender. Appraisals are reviewed for accuracy and consistency by the Company’s Chief Lender. Appraisers are selected from the list of approved appraisers maintained by management. The appraised values are reduced by discounts to consider lack of marketability and estimated cost to sell if repayment or satisfaction of the loan is dependent on the sale of the collateral. These discounts and estimates are developed by the Company’s Chief Lender by comparison to historical results. Foreclosed Assets Held for Sale Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value (based on current appraised value) at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Management has determined fair value measurements on other real estate owned primarily through evaluations of appraisals performed, and current and past offers for the other real estate under evaluation. Due to the nature of the valuation inputs, foreclosed assets held for sale are classified within Level 3 of the hierarchy. Appraisals of OREO are obtained when the real estate is acquired and subsequently as deemed necessary by the Company’s Chief lender. Appraisals are reviewed for accuracy and consistency by the Company’s Chief Lender and are selected from the list of approved appraisers maintained by management. The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and December 31, 2014. Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (In thousands) June 30, 2015 Collateral dependent impaired loans $ 519 $ $ $ 519 December 31, 2014 Collateral dependent impaired loans $ 301 $ $ $ 301 Foreclosed assets held for sale 991 991 Unobservable (Level 3) Inputs The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value at Valuation Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans $ 519 Market comparable Marketability discount Not available Fair Value at Valuation 12/31/14 Technique Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans 301 Market comparable properties Marketability discount Not available Foreclosed assets held for sale $ 991 Market comparable properties Selling costs 10% 35% There were no significant changes in the valuation techniques used during 2015. Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs Amount (Level 1) (Level 2) (Level 3) (In thousands) June 30, 2015 Financial assets Cash and cash equivalents $ 25,291 $ 25,291 $ $ Held-to-maturity securities 235 236 Loans, net of allowance 309,225 307,513 Federal Home Loan Bank stock 4,210 4,210 Accrued interest receivable 792 792 Financial liabilities Deposits 323,442 308,801 Short term borrowings 9,028 9,028 Federal Home Loan Bank Advances 26,635 27,891 Subordinated debentures 4,124 3,962 Interest payable 127 127 Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs Amount (Level 1) (Level 2) (Level 3) (In thousands) December 31, 2014 Financial assets $ 39,164 $ 39,164 $ $ Cash and cash equivalents Held-to-maturity securities 450 451 Loans, net of allowance 313,354 312,014 Federal Home Loan Bank stock 4,210 4,210 Accrued interest receivable 829 829 Financial liabilities Deposits 322,681 309,186 Short term borrowings 5,098 5,098 Federal Home Loan Bank Advances 26,719 26,703 Subordinated debentures 4,124 3,962 Interest payable 135 135 The following methods and assumptions were used to estimate the fair value of each class of financial instruments. Cash and Cash Equivalents, Accrued Interest Receivable and Federal Home Loan Bank Stock The carrying amounts approximate fair value. Held-to-maturity Securities Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, then fair values are estimated using quoted prices of securities with similar characteristics or independent asset pricing services and pricing models, the inputs of which are market-based or independently sourced market parameters, including, but not limited to, yield curves, interest rates, volatilities, prepayments, defaults, cumulative loss projections and cash flows. Such securities are classified in Level 2 of the valuation hierarchy. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 2 of the hierarchy. The Company has no securities classified as Level 3 of the hierarchy. Loans The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans with similar characteristics were aggregated for purposes of the calculations. Deposits Deposits include demand deposits, savings accounts, NOW accounts and certain money market deposits. The carrying amount approximates fair value. The fair value of fixed-maturity time deposits is estimated using a discounted cash flow calculation that applies the rates currently offered for deposits of similar remaining maturities. Interest Payable The carrying amount approximates fair value. Short-term Borrowings, Federal Home Loan Bank Advances and Subordinated Debentures Rates currently available to the Company for debt with similar terms and remaining maturities are used to estimate the fair value of existing debt. Commitments to Originate Loans, Letters of Credit and Lines of Credit The fair value of commitments to originate loans is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair values of letters of credit and lines of credit are based on fees currently charged for similar agreements or on the estimated cost to terminate or otherwise settle the obligations with the counterparties at the reporting date. Fair values of commitments were not material at June 30, 2015 and December 31, 2014.

Repurchase Agreements

Repurchase Agreements	6 Months Ended
Repurchase Agreements	Jun. 30, 2015
Disclosure of Repurchase Agreements [Abstract]
Disclosure of Repurchase Agreements	Note 8: Repurchase Agreements Securities sold under agreements to repurchase (“repurchase agreements”) with customers represent funds deposited by customers, generally on an overnight basis that are collateralized by investment securities owned by the Company. At June 30, 2015 and December 31, 2014, repurchase agreement borrowings totaled $ 9,028 5,098 Remaining Contractual Maturity of the Agreement (In thousands) Overnight and Greater than 90 June 30, 2015 Continuous Up to 30 Days 30-90 Days Days Total Repurchase Agreement U.S. government agencies $ 13,000 $ $ $ $ 13,000 State and political subdivisions 998 998 Total $ 13,998 $ $ $ $ 13,998 These borrowings were collateralized with U.S. government and agency securities with a carrying value of $ 14

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of United Bancorp, Inc. (“United” or “the Company”) and its wholly-owned subsidiary, The Citizens Savings Bank of Martins Ferry, Ohio (“the Bank” or “Citizens”). The Bank operates two divisions, The Community Bank, a division of The Citizens Savings Bank and The Citizens Bank, a division of The Citizens Savings Bank. All intercompany transactions and balances have been eliminated in consolidation.
Nature of Operations	Nature of Operations The Company’s revenues, operating income, and assets are almost exclusively derived from banking. Accordingly, all of the Company’s banking operations are considered by management to be aggregated in one reportable operating segment. Customers are mainly located in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties and the surrounding localities in northeastern, east-central and southeastern Ohio, and include a wide range of individuals, businesses and other organizations. The Citizens Bank division conducts its business through its main office in Martins Ferry, Ohio and offices in Bridgeport, Colerain, Dellroy, Dillonvale, Dover, Jewett, New Philadelphia, St. Clairsville East, St. Clairsville West, Sherrodsville, Strasburg, and Tiltonsville, Ohio. The Community Bank division conducts its business through its two offices in Lancaster, Ohio and offices in Amesville, Glouster, and Nelsonville, Ohio. The Company’s primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets and real estate and are not considered “sub prime” type loans. The targeted lending areas of our Bank operations encompass four separate metropolitan areas, minimizing the risk to changes in economic conditions in the communities housing the Company’s branch locations. Commercial loans are expected to be repaid from cash flow from operations of businesses. Real estate loans are secured by both residential and commercial real estate. Net interest income is affected by the relative amount of interest-earning assets and interest-bearing liabilities and the interest received or paid on these balances. The level of interest rates paid or received by the Company can be significantly influenced by a number of environmental factors, such as governmental monetary and fiscal policies, that are outside of management’s control.
Use of Estimates	Use of Estimates To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided and future results could differ. The allowance for loan losses and fair values of financial instruments are particularly subject to change.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, any unamortized deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized as a level yield adjustment over the respective term of the loan. For all loan classes, the accrual of interest is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. For all loan classes, the entire balance of the loan is considered past due if the minimum payment contractually required to be paid is not received by the contractual due date. For all loan classes, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. Management’s general practice is to proactively charge down loans individually evaluated for impairment to the fair value of the underlying collateral. Consistent with regulatory guidance, charge-offs on all loan segments are taken when specific loans, or portions thereof, are considered uncollectible. The Company’s policy is to promptly charge these loans off in the period the uncollectible loss is reasonably determined. For all loan portfolio segments except residential and consumer loans, the Company promptly charges-off loans, or portions thereof, when available information confirms that specific loans are uncollectible based on information that includes, but is not limited to, (1) the deteriorating financial condition of the borrower, (2) declining collateral values, and/or (3) legal action, including bankruptcy, that impairs the borrower’s ability to adequately meet its obligations. For impaired loans that are considered to be solely collateral dependent, a partial charge-off is recorded when a loss has been confirmed by an updated appraisal or other appropriate valuation of the collateral. The Company charges-off residential and consumer loans when the Company reasonably determines the amount of the loss. The Company adheres to timeframes established by applicable regulatory guidance which provides for the charge-down of 1-4 family first and junior lien mortgages to the net realizable value less costs to sell when the loan is 120 days past due, charge-off of unsecured open-end loans when the loan is 120 days past due, and charge down to the net realizable value when other secured loans are 120 days past due. Loans at these respective delinquency thresholds for which the Company can clearly document that the loan is both well-secured and in the process of collection, such that collection will occur regardless of delinquency status, need not be charged off. For all classes, all interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Nonaccrual loans are returned to accrual status when, in the opinion of management, the financial position of the borrower indicates there is no longer any reasonable doubt as to the timely collection of interest or principal. The Company requires a period of satisfactory performance of not less than six months before returning a nonaccrual loan to accrual status. When cash payments are received on impaired loans in each loan class, the Company records the payment as interest income unless collection of the remaining recorded principal amount is doubtful, at which time payments are used to reduce the principal balance of the loan. Troubled debt restructured loans recognize interest income on an accrual basis at the renegotiated rate if the loan is in compliance with the modified terms, no principal reduction has been granted and the loan has demonstrated the ability to perform in accordance with the renegotiated terms for a period of at least six months.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-impaired loans and is based on historical charge-off experience by segment. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the prior three years. Management believes the three year historical loss experience methodology is appropriate in the current economic environment. A loan is considered impaired when, based on current information and events, 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 the probability of collecting scheduled principal and interest payments when due based on the loan’s current payment status and the borrower’s financial condition including available sources of cash flows. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines 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 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 for non-homogenous type loans such as commercial, non-owner residential and construction loans 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. For impaired loans where the Company utilizes the discounted cash flows to determine the level of impairment, the Company includes the entire change in the present value of cash flows as bad debt expense. The fair values of collateral dependent impaired loans are based on independent appraisals of the collateral. In general, the Company acquires an updated appraisal upon identification of impairment and annually thereafter for commercial, commercial real estate and multi-family loans. If the most recent appraisal is over a year old, and a new appraisal is not performed, due to lack of comparable values or other reasons, the existing appraisal is utilized and discounted generally 10% - 35% based on the age of the appraisal, condition of the subject property, and overall economic conditions. After determining the collateral value as described, the fair value is calculated based on the determined collateral value less selling expenses. The potential for outdated appraisal values is considered in our determination of the allowance for loan losses through our analysis of various trends and conditions including the local economy, trends in charge-offs and delinquencies, etc. and the related qualitative adjustments assigned by the Company. Segments of loans with similar risk characteristics are collectively evaluated for impairment based on the segment’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. In the course of working with borrowers, the Company may choose to restructure the contractual terms of certain loans. In this scenario, the Company attempts to work-out an alternative payment schedule with the borrower in order to optimize collectability of the loan. Any loans that are modified are reviewed by the Company to identify if a troubled debt restructuring (“TDR”) has occurred, which is when, 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. Terms may be modified to fit the ability of the borrower to repay in line with its current financial status and the restructuring of the loan may include the transfer of assets from the borrower to satisfy the debt, a modification of loan terms, or a combination of the two. If such efforts by the Company do not result in a satisfactory arrangement, the loan is referred to legal counsel, at which time foreclosure proceedings are initiated. At any time prior to a sale of the property at foreclosure, the Company may terminate foreclosure proceedings if the borrower is able to work-out a satisfactory payment plan. It is the Company’s policy to have any restructured loans which are on nonaccrual status prior to being restructured remain on nonaccrual status until six months of satisfactory borrower performance at which time management would consider its return to accrual status. If a loan was accruing at the time of restructuring, the Company reviews the loan to determine if it is appropriate to continue the accrual of interest on the restructured loan. With regard to determination of the amount of the allowance for credit losses, trouble debt restructured loans are considered to be impaired. As a result, the determination of the amount of impaired loans for each portfolio segment within troubled debt restructurings is the same as detailed previously.
Earnings Per Share	Earnings Per Share Basic earnings per share represents income available to common stockholders divided by the weighted-average number of common shares outstanding during each period. Diluted earnings per share reflects additional potential common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options and restricted stock awards and are determined using the treasury stock method. Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (In thousands, except share and per share data) Basic Net income $ 805 $ 716 $ 1,499 $ 1,200 Dividends on non-vested restricted stock (14) (13) (28) (28) Net income allocated to stockholders $ 791 $ 703 $ 1,471 $ 1,172 Weighted average common shares outstanding 4,854,020 4,851,805 4,854,684 4,832,847 Basic earnings per common share $ 0.16 $ 0.14 $ 0.30 $ 0.24 Diluted Net income allocated to stockholders $ 791 $ 703 $ 1,471 $ 1,172 Weighted average common shares outstanding for basic earnings per common share 4,854,020 4,851,805 4,854,684 4,832,847 Add: Dilutive effects of assumed exercise of stock options and restricted stock 84,522 80,215 84,522 80,215 Average shares and dilutive potential common shares 4,938,542 4,932,020 4,939,206 4,913,062 Diluted earnings per common share $ 0.16 $ 0.14 $ 0.30 $ 0.24 Options to purchase 53,714 10.34
Income Taxes	Income Taxes The Company is subject to income taxes in the U.S. federal jurisdiction, as well as various state jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for the years before 2011.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09 Revenue from Contracts with Customers (Topic 606) (ASU 2014-09). This update to the ASC is the culmination of efforts by the FASB and the International Accounting Standards Board (IASB) to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards (IFRS). ASU 2014-09 supersedes Topic 605 Revenue Recognition and most industry-specific guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance in ASU 2014-09 describes a 5-step process entities can apply to achieve the core principle of revenue recognition and requires disclosures sufficient to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers and the significant judgments used in determining that information. The amendments in ASU 2014-09 are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period and early application is not allowed. The Company is currently evaluating the effects of ASU 2014-09 on its financial statements and disclosures, if any. ASU No. 2014-11, Transfer and Servicing (Topic) 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures ASU No. 2014-11 was issued in June 2014 and requires two accounting changes: The accounting for repurchase-to-maturity transactions is changed to secured borrowings accounting, and for repurchase financing arrangements, separate accounting is required for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which results in secured borrowing accounting. Additional disclosures are required. ASU No. 2014-11 was effective for first interim or annual reporting period beginning after December 15, 2014. In addition, for public companies, the disclosure for certain transactions accounted for as a sale is effective for the first interim or annual period beginning on or after December 15, 2014, and the disclosure for transactions accounted for as secured borrowings is required fro annual periods beginning after December 15, 2014, and interim periods beginning after March 15, 2015. The Company adopted ASU 2014-11 as required, without a material impact on the Company’s financial position or results of operations.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Tables)	6 Months Ended
Summary of Significant Accounting Policies (Tables)	Jun. 30, 2015
Accounting Policies [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Treasury stock shares, deferred compensation shares and unearned ESOP shares are not deemed outstanding for earnings per share calculations. Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (In thousands, except share and per share data) Basic Net income $ 805 $ 716 $ 1,499 $ 1,200 Dividends on non-vested restricted stock (14) (13) (28) (28) Net income allocated to stockholders $ 791 $ 703 $ 1,471 $ 1,172 Weighted average common shares outstanding 4,854,020 4,851,805 4,854,684 4,832,847 Basic earnings per common share $ 0.16 $ 0.14 $ 0.30 $ 0.24 Diluted Net income allocated to stockholders $ 791 $ 703 $ 1,471 $ 1,172 Weighted average common shares outstanding for basic earnings per common share 4,854,020 4,851,805 4,854,684 4,832,847 Add: Dilutive effects of assumed exercise of stock options and restricted stock 84,522 80,215 84,522 80,215 Average shares and dilutive potential common shares 4,938,542 4,932,020 4,939,206 4,913,062 Diluted earnings per common share $ 0.16 $ 0.14 $ 0.30 $ 0.24

Securities (Tables)

Securities (Tables)	6 Months Ended
Securities (Tables)	Jun. 30, 2015
Trading Securities [Abstract]
Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses of Securities	The amortized cost and approximate fair values, together with gross unrealized gains and losses of securities are as follows: Amortized Cost Gross Gross Approximate (In thousands) Available-for-sale Securities: June 30, 2015: U.S. government agencies $ 35,998 $ 18 $ (89) $ 35,927 State and political subdivisions 3,586 52 3,638 $ 39,584 $ 70 $ (89) $ 39,565 Available-for-sale Securities: December 31, 2014: U.S. government agencies $ 14,443 $ 4 $ (67) $ 14,380 State and political subdivisions 4,841 105 4,946 Equity securities 4 18 22 $ 19,288 $ 127 $ (67) $ 19,348 Amortized Cost Gross Gross Approximate (In thousands) Held-to-maturity Securities: June 30, 2015: State and political subdivisions $ 235 $ 1 $ $ 236 December 31, 2014: State and political subdivisions $ 450 $ 1 $ $ 451
Amortized Cost and Fair Value of Available-for-Sale Securities and Held-to-Maturity Securities, by Contractual Maturity	The amortized cost and fair value of available-for-sale securities and held-to-maturity securities at June 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-sale Held-to-maturity Amortized Fair Amortized Fair (In thousands) Within one year $ 830 $ 840 $ 235 $ 236 One to five years 37,262 37,217 Five to ten years 1,492 1,508 Totals $ 39,584 $ 39,565 $ 235 $ 236
Investments' Gross Unrealized Losses and Fair Value, Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Unrealized Loss Position	The following tables show the Company’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2015 and December 31, 2014: June 30, 2015 Less than 12 Months 12 Months or More Total Description of Unrealized Unrealized Unrealized Securities Fair Value Losses Fair Value Losses Fair Value Losses (In thousands) U.S. Government agencies $ 26,909 $ (89) $ $ $ 26,909 $ (89) December 31, 2014 Less than 12 Months 12 Months or More Total Description of Unrealized Unrealized Unrealized Securities Fair Value Losses Fair Value Losses Fair Value Losses (In thousands) U.S. Government agencies $ 1,141 $ (2) $ 5,935 $ (65) $ 7,076 $ (67)

Loans and Allowance for Loan 19

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
Loans and Allowance for Loan Losses (Tables)	Jun. 30, 2015
Loans and Allowance For Loan Losses [Abstract]
Categories of Loans	Categories of loans include: June 30, December 31, 2015 2014 (In thousands) Commercial loans $ 57,478 $ 52,286 Commercial real estate 152,264 158,314 Residential real estate 82,857 83,870 Installment loans 19,323 21,284 Total gross loans 311,922 315,754 Less allowance for loan losses (2,697) (2,400) Total loans $ 309,225 $ 313,354
Allowance for Loan Losses and Recorded Investment in Loans	Allowance for Loan Losses and Recorded Investment in Loans As of and for the three and six month period ended June 30, 2015 Commercial Commercial Real Estate Installment Residential Unallocated Total (In thousands) Allowance for loan losses: Balance, April 1, 2015 $ 238 $ 1,119 $ 91 $ 171 $ 887 $ 2,506 Provision charged to expense (11) (351) 71 79 357 145 Losses charged off (40) (40) Recoveries 7 3 10 66 86 Balance, June 30, 2015 $ 234 $ 771 $ 172 $ 276 $ 1,244 $ 2,697 Balance, January 1, 2015 $ 254 $ 1,116 $ 92 $ 147 $ 791 $ 2,400 Provision charged to expense (46) (352) 66 140 453 261 Losses charged off (93) (93) Recoveries 26 7 14 82 129 Balance, June 30, 2015 $ 234 $ 771 $ 172 $ 276 $ 1,244 $ 2,697 Ending balance: individually evaluated for impairment $ 86 $ 377 $ $ $ $ 463 Ending balance: collectively evaluated for impairment $ 148 $ 394 $ 172 $ 276 $ 1,244 $ 2,234 Loans: Ending balance: individually evaluated for impairment $ 98 $ 1,947 $ $ $ $ 2,045 Ending balance: collectively evaluated for impairment $ 57,380 $ 150,317 $ 19,323 $ 82,857 $ $ 309,877 Allowance for Loan Losses and Recorded Investment in Loans As of and for the three and six month period ended June 30, 2014 Commercial Commercial Real Estate Installment Residential Unallocated Total (In thousands) Allowance for loan losses: Balance, April 1, 2014 $ 1,054 $ 1,080 $ 237 $ 90 $ 577 $ 3,038 Provision charged to expense (570) 749 (31) 60 8 216 Losses charged off (13) (81) (61) (155) Recoveries 1 9 21 2 33 Balance, June 30, 2014 $ 472 $ 1,838 $ 146 $ 91 $ 585 $ 3,132 Balance, January 1, 2014 $ 412 $ 1,609 $ 141 $ 90 $ 642 $ 2,894 Provision charged to expense 83 216 121 69 (57) 432 Losses charged off (25) (178) (71) (274) Recoveries 2 13 62 3 80 Balance, June 30, 2014 $ 472 $ 1,838 $ 146 $ 91 $ 585 $ 3,132 Ending balance: individually evaluated for impairment $ 323 $ 1,353 $ $ $ $ 1,676 Ending balance: collectively evaluated for impairment $ 149 $ 485 $ 146 $ 91 $ 585 $ 1,456 Loans: Ending balance: individually evaluated for impairment $ 515 $ 6,143 $ $ $ $ 6,658 Ending balance: collectively evaluated for impairment $ 48,394 $ 153,047 $ 24,135 $ 83,163 $ $ 308,739 Allowance for Loan Losses and Recorded Investment in Loans As of December 31, 2014 Commercial Commercial Real Estate Installment Residential Unallocated Total (In thousands) Allowance for loan losses: Ending balance: individually evaluated for impairment $ 92 $ 622 $ $ $ $ 714 Ending balance: collectively evaluated for impairment $ 162 $ 494 $ 147 $ 92 $ 791 $ 1,686 Loans: Ending balance: individually evaluated for impairment $ 112 $ 1,756 $ $ $ $ 1,868 Ending balance: collectively evaluated for impairment $ 52,174 $ 156,558 $ 21,284 $ 83,870 $ $ 313,886
Portfolio Quality Indicators	The following tables show the portfolio quality indicators. June 30, 2015 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 57,334 $ 146,421 $ 82,857 $ 19,323 $ 305,935 Special Mention 42 1,028 1,070 Substandard 102 4,815 4,917 Doubtful $ 57,478 $ 152,264 $ 82,857 $ 19,323 $ 311,922 December 31, 2014 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 51,895 $ 151,535 $ 83,870 $ 21,284 $ 308,584 Special Mention 265 1,980 2,245 Substandard 126 4,799 4,925 Doubtful $ 52,286 $ 158,314 $ 83,870 $ 21,284 $ 315,754
Loan Portfolio Aging Analysis	Loan Portfolio Aging Analysis As of June 30, 2015 30-59 Days 60-89 Days Greater Past Due Past Due Than 90 Total Past and and Days and Non Due and Total Loans Accruing Accruing Accruing Accrual Non Accrual Current Receivable (In thousands) Commercial $ 101 $ $ 130 $ 64 $ 295 $ 57,183 $ 57,478 Commercial real estate 528 407 935 151,329 152,264 Residential 598 32 789 1,419 81,438 82,857 Installment 152 4 264 420 18,483 19,323 Total $ 1,379 $ 36 $ 130 $ 1,524 $ 3,069 $ 308,853 $ 311,922 Loan Portfolio Aging Analysis As of December 31, 2014 30-59 Days 60-89 Days Greater Past Due Past Due Than 90 Total Past and and Days and Non Due and Total Loans Accruing Accruing Accruing Accrual Non Accrual Current Receivable (In thousands) Commercial $ $ $ $ 46 $ 46 $ 52,240 $ 52,286 Commercial real estate 394 127 247 768 157,546 158,314 Residential 292 17 658 967 82,903 83,870 Installment 70 11 7 88 21,196 21,284 Total $ 756 $ 28 $ 127 $ 958 $ 1,869 $ 313,885 $ 315,754
Impaired Loans	Impaired Loans For the three months ended For the six months ended As of June 30, 2015 June 30, 2015 June 30, 2015 Unpaid Average Interest Average Interest Recorded Principal Specific Investment in Income Investment in Income Balance Balance Allowance Impaired Loans Recognized Impaired Loans Recognized (In thousands) Loans without a specific valuation allowance: Commercial $ $ $ $ $ $ $ Commercial real estate 1,064 1,064 1,493 17 1,500 26 Residential Installment 1,064 1,064 1,493 17 1,500 26 Loans with a specific valuation allowance: Commercial 98 98 86 100 2 102 4 Commercial real estate 883 883 377 928 3 945 18 Residential Installment 981 981 463 1,028 5 1,047 22 Total: Commercial $ 98 $ 98 $ 86 $ 100 $ 2 $ 102 $ 4 Commercial real estate $ 1,947 $ 1,947 $ 377 $ 2,421 $ 20 $ 2,445 $ 44 Residential $ $ $ $ $ $ $ Installment $ $ $ $ $ $ $ Impaired Loans For the three months ended For the six months ended As of December 31, 2014 June 30, 2014 June 30, 2014 Unpaid Average Interest Average Interest Recorded Principal Specific Investment in Income Investment in Income Balance Balance Allowance Impaired Loans Recognized Impaired Loans Recognized (In thousands) Loans without a specific valuation allowance: Commercial $ 7 $ 7 $ $ 96 $ 1 $ 97 $ 1 Commercial real estate 794 1,144 684 6 691 14 Residential Installment 801 1,151 780 7 788 15 Loans with a specific valuation allowance: Commercial 105 105 92 422 2 439 4 Commercial real estate 962 962 622 5,547 78 4,706 121 Residential Installment 1,067 1,067 714 5,969 80 5,145 125 Total: Commercial $ 112 $ 112 $ 92 $ 518 $ 3 $ 536 $ 5 Commercial real estate $ 1,756 $ 2,106 $ 622 $ 6,231 $ 84 $ 5,397 $ 135 Residential $ $ $ $ $ $ $ Installment $ $ $ $ $ $ $
Troubled Debt Restructurings on Financing Receivables	In conjunction with the restructuring there were no amounts charged-off. Three Months ended June 30, 2014 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial $ $ Commercial real estate Residential Installment Three Months Ended June 30, 2014 Interest Total Only Term Combination Modification (In thousands) Commercial $ $ $ $ Commercial real estate Residential Consumer Six Months ended June 30, 2014 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial $ $ Commercial real estate 2 155 68 Residential Installment Six Months Ended June 30, 2014 Interest Total Only Term Combination Modification (In thousands) Commercial $ $ $ $ Commercial real estate 68 68 Residential Consumer

Benefit Plans (Tables)

Benefit Plans (Tables)	6 Months Ended
Benefit Plans (Tables)	Jun. 30, 2015
Benefit Plans [Abstract]
Pension Expense	Pension expense includes the following: Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (In thousands) Service cost $ 85 $ 74 $ 170 $ 148 Interest cost 48 35 96 70 Expected return on assets (94) (83) (188) (166) Amortization of prior service cost and net loss (12) (15) (24) (30) Pension expense $ 27 $ 11 $ 54 $ 22

Off-balance-sheet Activities (T

Off-balance-sheet Activities (Tables)	6 Months Ended
Off-balance-sheet Activities (Tables)	Jun. 30, 2015
Off Balance Sheet Activities [Abstract]
Summary of the Notional or Contractual Amounts of Financial Instruments With Off-Balance-Sheet Risk	A summary of the notional or contractual amounts of financial instruments with off-balance-sheet risk at the indicated dates is as follows: June 30, December 31, 2015 2014 (In thousands) Commercial loans unused lines of credit $ 16,127 $ 13,950 Commitment to originate loans 9,152 9,228 Consumer open end lines of credit 36,293 35,604 Standby letters of credit 220

Accumulated Other Comprehensi22

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net Of Tax [Abstract]
Components of Accumulated Other Comprehensive Loss included in Stockholders Equity	The components of accumulated other comprehensive loss, included in stockholders’ equity, are as follows: June 30, December 31, 2015 2014 (In thousands) Net unrealized gain (loss) on securities available-for-sale $ (19) $ 60 Net unrealized gain for funded status of defined benefit plan liability 25 25 6 85 Tax effect 1 28 Net-of-tax amount $ 5 $ 57

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements of Assets Recognized in Consolidated Balance Sheets Measured at Fair Value on Recurring Basis	The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and December 31, 2014: Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) (In thousands) June 30, 2015 U.S. government agencies $ 35,927 $ $ 35,927 $ State and political subdivisions 3,638 3,638 December 31, 2014 U.S. government agencies $ 14,380 $ $ 14,380 $ State and political subdivisions 4,946 4,946 Equity securities 22 22
Fair Value Measurements of Assets Recognized in Consolidated Balance Sheets Measured at Fair Value on Nonrecurring Basis	The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and December 31, 2014. Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (In thousands) June 30, 2015 Collateral dependent impaired loans $ 519 $ $ $ 519 December 31, 2014 Collateral dependent impaired loans $ 301 $ $ $ 301 Foreclosed assets held for sale 991 991
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value at Valuation Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans $ 519 Market comparable Marketability discount Not available Fair Value at Valuation 12/31/14 Technique Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans 301 Market comparable properties Marketability discount Not available Foreclosed assets held for sale $ 991 Market comparable properties Selling costs 10% 35%
Estimated Fair Values of Company's Financial Instruments	The following table presents estimated fair values of the Company’s financial instruments. The fair values of certain of these instruments were calculated by discounting expected cash flows, which involves significant judgments by management and uncertainties. Because no market exists for certain of these financial instruments and because management does not intend to sell these financial instruments, the Company does not know whether the fair values shown below represent values at which the respective financial instruments could be sold individually or in the aggregate. Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs Amount (Level 1) (Level 2) (Level 3) (In thousands) June 30, 2015 Financial assets Cash and cash equivalents $ 25,291 $ 25,291 $ $ Held-to-maturity securities 235 236 Loans, net of allowance 309,225 307,513 Federal Home Loan Bank stock 4,210 4,210 Accrued interest receivable 792 792 Financial liabilities Deposits 323,442 308,801 Short term borrowings 9,028 9,028 Federal Home Loan Bank Advances 26,635 27,891 Subordinated debentures 4,124 3,962 Interest payable 127 127 Fair Value Measurements Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs Amount (Level 1) (Level 2) (Level 3) (In thousands) December 31, 2014 Financial assets $ 39,164 $ 39,164 $ $ Cash and cash equivalents Held-to-maturity securities 450 451 Loans, net of allowance 313,354 312,014 Federal Home Loan Bank stock 4,210 4,210 Accrued interest receivable 829 829 Financial liabilities Deposits 322,681 309,186 Short term borrowings 5,098 5,098 Federal Home Loan Bank Advances 26,719 26,703 Subordinated debentures 4,124 3,962 Interest payable 135 135

Repurchase Agreements (Tables)

Repurchase Agreements (Tables)	6 Months Ended
Repurchase Agreements (Tables)	Jun. 30, 2015
Disclosure of Repurchase Agreements [Abstract]
Schedule of Repurchase Agreements	Remaining Contractual Maturity of the Agreement (In thousands) Overnight and Greater than 90 June 30, 2015 Continuous Up to 30 Days 30-90 Days Days Total Repurchase Agreement U.S. government agencies $ 13,000 $ $ $ $ 13,000 State and political subdivisions 998 998 Total $ 13,998 $ $ $ $ 13,998

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015$ / sharesshares	Jun. 30, 2014$ / sharesshares
Summary Of Significant Accounting Policies [Line Items]
Number of stock options not considered in computing diluted earnings per share due to antidilutive nature	53,714	53,714
Weighted average price, option exercised \| $ / shares	$ 10.34	$ 10.34
Number of operating divisions	2
Number of reportable operating segment	1

Basic and Diluted Earnings Per

Basic and Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Basic
Net income	$ 805	$ 716	$ 1,499	$ 1,200
Dividends on non-vested restricted stock	(14)	(13)	(28)	(28)
Net income allocated to stockholders	$ 791	$ 703	$ 1,471	$ 1,172
Weighted average common shares outstanding	4,854,020	4,851,805	4,854,684	4,832,847
Basic earnings per common share	$ 0.16	$ 0.14	$ 0.30	$ 0.24
Diluted
Net income allocated to stockholders	$ 791	$ 703	$ 1,471	$ 1,172
Weighted average common shares outstanding for basic earnings per common share	4,854,020	4,851,805	4,854,684	4,832,847
Add: Dilutive effects of assumed exercise of stock options and restricted stock	84,522	80,215	84,522	80,215
Average shares and dilutive potential common shares	4,938,542	4,932,020	4,939,206	4,913,062
Diluted earnings per common share	$ 0.16	$ 0.14	$ 0.30	$ 0.24

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
Securities - Additional Information (Detail) - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Schedule Of Marketable Securities [Line Items]
Fair Value of Investment in debt securities	$ 26,900,000		$ 26,900,000		$ 7,100,000
Percentage of fair value of investment in debt	67.60%		67.60%		35.70%
Proceeds from sale of available-for-sale securities	$ 13,000	$ 0	$ 383,000	$ 0
Available-for-sale securities realized gains	11,000		31,000
Available-for-sale securities realized losses	0		0
Available-for-sale Securities
Schedule Of Marketable Securities [Line Items]
Income Taxes Paid, Net, Total	$ 3,000		$ 4,000

Amortized Cost and Approximate

Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses of Securities (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost	$ 39,584	$ 19,288
Available-for-sale Securities, Gross Unrealized Gains	70	127
Available-for-sale Securities, Gross Unrealized Losses	(89)	(67)
Available-for-sale securities, Fair Value	39,565	19,348
Held-to-maturity Securities, Amortized Cost	235	450
Held-to-maturity Securities, Fair Value	236
U.S. government agencies
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost	35,998	14,443
Available-for-sale Securities, Gross Unrealized Gains	18	4
Available-for-sale Securities, Gross Unrealized Losses	(89)	(67)
Available-for-sale securities, Fair Value	35,927	14,380
State and political subdivisions
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost	3,586	4,841
Available-for-sale Securities, Gross Unrealized Gains	52	105
Available-for-sale Securities, Gross Unrealized Losses	0	0
Available-for-sale securities, Fair Value	3,638	4,946
Held-to-maturity Securities, Amortized Cost	235	450
Held-to-maturity Securities, Gross Unrealized Gains	1	1
Held-to-maturity Securities, Gross Unrealized Losses	0	0
Held-to-maturity Securities, Fair Value	$ 236	451
Equity securities
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost		4
Available-for-sale Securities, Gross Unrealized Gains		18
Available-for-sale Securities, Gross Unrealized Losses		0
Available-for-sale securities, Fair Value		$ 22

Amortized Cost and Fair Value o

Amortized Cost and Fair Value of Available-for-Sale Securities and Held-to-Maturity Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available-for-sale, Amortized Cost
Within one year	$ 830
One to five years	37,262
Five to ten years	1,492
Totals	39,584	$ 19,288
Available-for-sale, Fair Value
Within one year	840
One to five years	37,217
Five to ten years	1,508
Totals	39,565	19,348
Held-to-maturity, Amortized Cost
Within one year	235
One to five years	0
Five to ten years	0
Totals	235	$ 450
Held-to-maturity, Fair Value
Within one year	236
One to five years	0
Five to ten years	0
Totals	$ 236

Gross Unrealized Losses and Fai

Gross Unrealized Losses and Fair Value, Aggregated by Investment Category and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position (Detail) - U.S. government agencies - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Gain (Loss) on Investments [Line Items]
Less than 12 Months, Fair Value	$ 26,909	$ 1,141
Less than 12 Months, Unrealized Losses	(89)	(2)
12 Months or More, Fair Value	0	5,935
12 Months or More, Unrealized Losses	0	(65)
Total, Fair Value	26,909	7,076
Total, Unrealized Losses	$ (89)	$ (67)

Loans and Allowance for Loan 31

Loans and Allowance for Loan Losses - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2014USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan and lease losses, period increase (decrease)	$ 87,000

Categories of Loan (Detail)

Categories of Loan (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Accounts Notes And Loans Receivable [Line Items]
Commercial loans	$ 57,478		$ 52,286
Commercial real estate	152,264		158,314
Residential real estate	82,857		83,870
Installment loans	19,323		21,284
Total gross loans	311,922		315,754
Less allowance for loan losses	(2,697)	$ (2,506)	(2,400)	$ (3,132)	$ (3,038)	$ (2,894)
Total loans	$ 309,225		$ 313,354

Allowance for Loan Losses and R

Allowance for Loan Losses and Recorded Investment in Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Allowance for loan losses:
Beginning Balance	$ 2,506	$ 3,038	$ 2,400	$ 2,894
Provision charged to expense	145	216	261	432
Losses charged off	(40)	(155)	(93)	(274)
Recoveries	86	33	129	80
Ending Balance	2,697	3,132	2,697	3,132
Ending balance: individually evaluated for impairment	463	1,676	463	1,676	$ 714
Ending balance: collectively evaluated for impairment	2,234	1,456	2,234	1,456	1,686
Loans:
Ending balance: individually evaluated for impairment	2,045	6,658	2,045	6,658	1,868
Ending balance: collectively evaluated for impairment	309,877	308,739	309,877	308,739	313,886
Commercial
Allowance for loan losses:
Beginning Balance	238	1,054	254	412
Provision charged to expense	(11)	(570)	(46)	83
Losses charged off	0	(13)	0	(25)
Recoveries	7	1	26	2
Ending Balance	234	472	234	472
Ending balance: individually evaluated for impairment	86	323	86	323	92
Ending balance: collectively evaluated for impairment	148	149	148	149	162
Loans:
Ending balance: individually evaluated for impairment	98	515	98	515	112
Ending balance: collectively evaluated for impairment	57,380	48,394	57,380	48,394	52,174
Commercial Real Estate
Allowance for loan losses:
Beginning Balance	1,119	1,080	1,116	1,609
Provision charged to expense	(351)	749	(352)	216
Losses charged off	0	0	0	0
Recoveries	3	9	7	13
Ending Balance	771	1,838	771	1,838
Ending balance: individually evaluated for impairment	377	1,353	377	1,353	622
Ending balance: collectively evaluated for impairment	394	485	394	485	494
Loans:
Ending balance: individually evaluated for impairment	1,947	6,143	1,947	6,143	1,756
Ending balance: collectively evaluated for impairment	150,317	153,047	150,317	153,047	156,558
Installment
Allowance for loan losses:
Beginning Balance	91	237	92	141
Provision charged to expense	71	(31)	66	121
Losses charged off	0	(81)	0	(178)
Recoveries	10	21	14	62
Ending Balance	172	146	172	146
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	172	146	172	146	147
Loans:
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	19,323	24,135	19,323	24,135	21,284
Residential
Allowance for loan losses:
Beginning Balance	171	90	147	90
Provision charged to expense	79	60	140	69
Losses charged off	(40)	(61)	(93)	(71)
Recoveries	66	2	82	3
Ending Balance	276	91	276	91
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	276	91	276	91	92
Loans:
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	82,857	83,163	82,857	83,163	83,870
Unallocated
Allowance for loan losses:
Beginning Balance	887	577	791	642
Provision charged to expense	357	8	453	(57)
Losses charged off	0	0	0	0
Recoveries	0	0	0	0
Ending Balance	1,244	585	1,244	585
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	1,244	585	1,244	585	791
Loans:
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	$ 0	$ 0	$ 0	$ 0	$ 0

Portfolio Quality Indicators (D

Portfolio Quality Indicators (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Commercial	$ 57,478	$ 52,286
Commercial Real Estate	152,264	158,314
Residential	82,857	83,870
Installment	19,323	21,284
Total	311,922	315,754
Pass Grade
Financing Receivable, Recorded Investment [Line Items]
Commercial	57,334	51,895
Commercial Real Estate	146,421	151,535
Residential	82,857	83,870
Installment	19,323	21,284
Total	305,935	308,584
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Commercial	42	265
Commercial Real Estate	1,028	1,980
Residential	0	0
Installment	0	0
Total	1,070	2,245
Substandard
Financing Receivable, Recorded Investment [Line Items]
Commercial	102	126
Commercial Real Estate	4,815	4,799
Residential	0	0
Installment	0	0
Total	4,917	4,925
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Commercial	0	0
Commercial Real Estate	0	0
Residential	0	0
Installment	0	0
Total	$ 0	$ 0

Loan Portfolio Aging Analysis (

Loan Portfolio Aging Analysis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	$ 1,524	$ 958
Total Past Due and Non Accrual	3,069	1,869
Current	308,853	313,885
Total Loans Receivable	311,922	315,754
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	1,379	756
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	36	28
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	130	127
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	64	46
Total Past Due and Non Accrual	295	46
Current	57,183	52,240
Total Loans Receivable	57,478	52,286
Commercial \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	101	0
Commercial \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	0	0
Commercial \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	130	0
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	407	247
Total Past Due and Non Accrual	935	768
Current	151,329	157,546
Total Loans Receivable	152,264	158,314
Commercial Real Estate \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	528	394
Commercial Real Estate \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	0	0
Commercial Real Estate \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	0	127
Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	789	658
Total Past Due and Non Accrual	1,419	967
Current	81,438	82,903
Total Loans Receivable	82,857	83,870
Residential \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	598	292
Residential \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	32	17
Residential \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	0	0
Installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	264	7
Total Past Due and Non Accrual	420	88
Current	18,483	21,196
Total Loans Receivable	19,323	21,284
Installment \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	152	70
Installment \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	4	11
Installment \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	$ 0	$ 0

Impaired Loans (Detail)

Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Impaired Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Commercial
Financing Receivable, Impaired [Line Items]
Recorded Balance	$ 98		$ 98		$ 112
Unpaid Principal Balance	98		98		112
Specific Allowance	86		86		92
Average Investment in Impaired Loans	100	$ 518	102	$ 536
Interest Income Recognized	2	3	4	5
Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Balance	1,947		1,947		1,756
Unpaid Principal Balance	1,947		1,947		2,106
Specific Allowance	377		377		622
Average Investment in Impaired Loans	2,421	6,231	2,445	5,397
Interest Income Recognized	20	84	44	135
Residential
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		0
Unpaid Principal Balance	0		0		0
Specific Allowance	0		0		0
Average Investment in Impaired Loans	0	0	0	0
Interest Income Recognized	0	0	0	0
Installment
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		0
Unpaid Principal Balance	0		0		0
Specific Allowance	0		0		0
Average Investment in Impaired Loans	0	0	0	0
Interest Income Recognized	0	0	0	0
Loans without a specific valuation allowance
Financing Receivable, Impaired [Line Items]
Recorded Balance	1,064		1,064		801
Unpaid Principal Balance	1,064		1,064		1,151
Specific Allowance	0		0		0
Average Investment in Impaired Loans	1,493	780	1,500	788
Interest Income Recognized	17	7	26	15
Loans without a specific valuation allowance \| Commercial
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		7
Unpaid Principal Balance	0		0		7
Specific Allowance	0		0		0
Average Investment in Impaired Loans	0	96	0	97
Interest Income Recognized	0	1	0	1
Loans without a specific valuation allowance \| Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Balance	1,064		1,064		794
Unpaid Principal Balance	1,064		1,064		1,144
Specific Allowance	0		0		0
Average Investment in Impaired Loans	1,493	684	1,500	691
Interest Income Recognized	17	6	26	14
Loans without a specific valuation allowance \| Residential
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		0
Unpaid Principal Balance	0		0		0
Specific Allowance	0		0		0
Average Investment in Impaired Loans	0	0	0	0
Interest Income Recognized	0	0	0	0
Loans without a specific valuation allowance \| Installment
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		0
Unpaid Principal Balance	0		0		0
Specific Allowance	0		0		0
Average Investment in Impaired Loans	0	0	0	0
Interest Income Recognized	0	0	0	0
Loans with a specific valuation allowance
Financing Receivable, Impaired [Line Items]
Recorded Balance	981		981		1,067
Unpaid Principal Balance	981		981		1,067
Specific Allowance	463		463		714
Average Investment in Impaired Loans	1,028	5,969	1,047	5,145
Interest Income Recognized	5	80	22	125
Loans with a specific valuation allowance \| Commercial
Financing Receivable, Impaired [Line Items]
Recorded Balance	98		98		105
Unpaid Principal Balance	98		98		105
Specific Allowance	86		86		92
Average Investment in Impaired Loans	100	422	102	439
Interest Income Recognized	2	2	4	4
Loans with a specific valuation allowance \| Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Balance	883		883		962
Unpaid Principal Balance	883		883		962
Specific Allowance	377		377		622
Average Investment in Impaired Loans	928	5,547	945	4,706
Interest Income Recognized	3	78	18	121
Loans with a specific valuation allowance \| Residential
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		0
Unpaid Principal Balance	0		0		0
Specific Allowance	0		0		0
Average Investment in Impaired Loans	0	0	0	0
Interest Income Recognized	0	0	0	0
Loans with a specific valuation allowance \| Installment
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		0
Unpaid Principal Balance	0		0		0
Specific Allowance	0		0		$ 0
Average Investment in Impaired Loans	0	0	0	0
Interest Income Recognized	$ 0	$ 0	$ 0	$ 0

Troubled Debt Restructuring (De

Troubled Debt Restructuring (Detail) - Jun. 30, 2014 $ in Thousands	USD ($)Contracts	USD ($)Contracts
Commercial
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contracts	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	0	0
Interest Only	0	0
Term	0	0
Combination	0	0
Total Modification	$ 0	$ 0
Commercial real estate
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contracts	0	2
Pre- Modification Outstanding Recorded Investment	$ 0	$ 155
Post-Modification Outstanding Recorded Investment	0	68
Interest Only	0	0
Term	0	68
Combination	0	0
Total Modification	$ 68	$ 68
Residential
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contracts	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	0	0
Interest Only	0	0
Term	0	0
Combination	0	0
Total Modification	$ 0	$ 0
Installment
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contracts	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	0	0
Consumer
Financing Receivable, Modifications [Line Items]
Interest Only	0	0
Term	0	0
Combination	0	0
Total Modification	$ 0	$ 0

Pension Expense (Detail)

Pension Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pension Expense (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Components of net periodic benefit cost
Service cost	$ 85	$ 74	$ 170	$ 148
Interest cost	48	35	96	70
Expected return on assets	(94)	(83)	(188)	(166)
Amortization of prior service cost and net loss	(12)	(15)	(24)	(30)
Pension expense	$ 27	$ 11	$ 54	$ 22

Notional or Contractual Amounts

Notional or Contractual Amounts of Financial Instruments with Off-Balance-Sheet Risk (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Commercial loans unused lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Asset	$ 16,127	$ 13,950
Commitment to originate loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Asset	9,152	9,228
Consumer open end lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Asset	36,293	35,604
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Asset	$ 0	$ 220

Components of Accumulated Other

Components of Accumulated Other Comprehensive Loss Included in Stockholders' Equity (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other Comprehensive Income (Loss) [Line Items]
Net unrealized gain (loss) on securities available-for-sale	$ (19)	$ 60
Net unrealized gain for funded status of defined benefit plan liability	25	25
Accumulated other comprehensive income (Loss), before taxes, total	6	85
Tax effect	1	28
Net-of-tax amount	$ 5	$ 57

Fair Value Measurements of Asse

Fair Value Measurements of Assets Recognized in Consolidated Balance Sheets Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	$ 35,927	$ 14,380
State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	3,638	4,946
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis		22
Fair Value, Inputs, Level 1 \| U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	0	0
Fair Value, Inputs, Level 1 \| State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	0	0
Fair Value, Inputs, Level 1 \| Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis		22
Fair Value, Inputs, Level 2 \| U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	35,927	14,380
Fair Value, Inputs, Level 2 \| State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	3,638	4,946
Fair Value, Inputs, Level 2 \| Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis		0
Fair Value, Inputs, Level 3 \| U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	0	0
Fair Value, Inputs, Level 3 \| State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	$ 0	0
Fair Value, Inputs, Level 3 \| Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis		$ 0

Fair Value Measurements of As42

Fair Value Measurements of Assets Recognized in Consolidated Balance Sheets Measured at Fair Value on Nonrecurring Basis (Detail) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	$ 519	$ 301
Foreclosed assets held for sale		991
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	0	0
Foreclosed assets held for sale		0
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	0	0
Foreclosed assets held for sale		0
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	$ 519	301
Foreclosed assets held for sale		$ 991

Quantitative Information About

Quantitative Information About Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Foreclosed Assets Held For Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 991
Valuation Technique		Market comparable properties
Unobservable Inputs		Selling costs
Foreclosed Assets Held For Sale \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		35.00%
Foreclosed Assets Held For Sale \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		10.00%
Collateral Dependent Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 519	$ 301
Valuation Technique	Market comparable properties	Market comparable properties
Unobservable Inputs	Marketability discount	Marketability discount

Estimated Fair Values of Compan

Estimated Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Financial assets
Cash and cash equivalents	$ 25,291	$ 39,164	$ 31,017	$ 23,474
Held-to-maturity securities	235	450
Loans, net of allowance	309,225	313,354
Federal Home Loan Bank stock	4,210	4,210
Accrued interest receivable	792	829
Financial liabilities
Deposits	323,442	322,681
Short term borrowings	9,028	5,098
Federal Home Loan Bank advances	26,635	26,719
Subordinated debentures	4,124	4,124
Interest payable	127	135
Fair Value, Inputs, Level 1
Financial assets
Cash and cash equivalents	25,291	0
Held-to-maturity securities	0	0
Loans, net of allowance	0	0
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Financial liabilities
Deposits	0	0
Short term borrowings	0	0
Federal Home Loan Bank advances	0	0
Subordinated debentures	0	0
Interest payable	0	0
Fair Value, Inputs, Level 2
Financial assets
Cash and cash equivalents	0	0
Held-to-maturity securities	236	451
Loans, net of allowance	0	0
Federal Home Loan Bank stock	4,210	4,210
Accrued interest receivable	792	829
Financial liabilities
Deposits	308,801	309,186
Short term borrowings	9,028	5,098
Federal Home Loan Bank advances	27,891	26,703
Subordinated debentures	3,962	3,962
Interest payable	127	135
Fair Value, Inputs, Level 3
Financial assets
Cash and cash equivalents	0	0
Held-to-maturity securities	0	0
Loans, net of allowance	307,513	312,014
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Financial liabilities
Deposits	0	0
Short term borrowings	0	0
Federal Home Loan Bank advances	0	0
Subordinated debentures	0	0
Interest payable	$ 0	$ 0

Repurchase Agreements (Details)

Repurchase Agreements (Details) $ in Thousands	Jun. 30, 2015USD ($)
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	$ 13,998
US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	13,000
U S States and Political Subdivisions [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	998
Maturity Overnight [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	13,998
Maturity Overnight [Member] \| US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	13,000
Maturity Overnight [Member] \| U S States and Political Subdivisions [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	998
Maturity Less than 30 Days [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity Less than 30 Days [Member] \| US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity Less than 30 Days [Member] \| U S States and Political Subdivisions [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity 30 to 90 Days [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity 30 to 90 Days [Member] \| US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity 30 to 90 Days [Member] \| U S States and Political Subdivisions [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity Greater than 90 Days [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity Greater than 90 Days [Member] \| US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0
Maturity Greater than 90 Days [Member] \| U S States and Political Subdivisions [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	$ 0

Repurchase Agreements (Details

Repurchase Agreements (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Short-term Debt, Total	$ 9,028	$ 5,098
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	13,998
US Government Corporations and Agencies Securities
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	$ 13,000