United Bancorp (UBCP) 10-Q 14 Nov 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 03, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
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		5,435,304

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 4,692	$ 4,233
Interest-bearing demand deposits	18,416	7,308
Cash and cash equivalents	23,108	11,541
Available-for-sale securities	39,129	39,766
Loans, net of allowance for loan losses of $2,195 and $2,341 at September 30, 2017 and December 31, 2016, respectively	358,194	354,380
Premises and equipment	11,867	11,884
Federal Home Loan Bank stock	4,164	4,164
Foreclosed assets held for sale, net	434	335
Accrued interest receivable	913	840
Deferred income taxes	823	850
Bank-owned life insurance	12,049	11,822
Other assets	3,830	2,436
Total assets	454,511	438,018
Deposits
Demand	233,642	203,745
Savings	81,770	81,825
Time	65,439	53,233
Total deposits	380,851	338,803
Securities sold under repurchase agreements	16,188	9,393
Federal Home Loan Bank advances	5,257	39,855
Subordinated debentures	4,124	4,124
Interest payable and other liabilities	3,975	3,202
Total liabilities	410,395	395,377
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 2017 -5,435,304 shares, 2016 - 5,425,304 shares; outstanding 2017 - 5,429,560, 2016 - 5,208,051	5,435	5,425
Additional paid-in capital	17,983	18,024
Retained earnings	23,404	22,483
Stock held by deferred compensation plan; 2017 -180,623 shares, 2016 - 211,509 shares	(1,616)	(1,880)
Unearned ESOP compensation	(830)	(911)
Accumulated other comprehensive loss	(214)	(454)
Treasury stock, at cost 2017 -5,744 shares, 2016 - 5,744 shares	(46)	(46)
Total stockholders’ equity	44,116	42,641
Total liabilities and stockholders’ equity	$ 454,511	$ 438,018

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Loans, allowance for loan losses	$ 2,195	$ 2,341
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	5,435,304	5,425,304
Common Stock, Shares, Outstanding	5,429,560	5,208,051
Stock held by deferred compensation plan, shares	180,623	211,509
Treasury stock, shares	5,744	5,744

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Interest and dividend income
Loans, including fees	$ 4,345	$ 4,014	$ 12,457	$ 11,931
Taxable securities	118	85	330	237
Non-taxable securities	0	18	7	67
Federal funds sold	68	7	115	30
Dividends on Federal Home Loan Bank stock and other	55	42	151	126
Total interest and dividend income	4,586	4,166	13,060	12,391
Deposits
Demand	144	34	331	91
Savings	9	9	28	27
Time	182	140	500	453
Borrowings	114	249	466	773
Total interest expense	449	432	1,325	1,344
Net interest income	4,137	3,734	11,735	11,047
Provision for loan losses	25	131	75	307
Net interest income after provision for loan losses	4,112	3,603	11,660	10,740
Noninterest income
Service charges on deposit accounts	633	667	1,862	1,968
Realized gains on sales of loans	44	25	88	68
Other income	215	364	643	789
Total noninterest income	892	1,056	2,593	2,825
Noninterest expense
Salaries and employee benefits	1,799	1,835	5,391	5,185
Net occupancy and equipment expense	529	507	1,562	1,388
Professional services	145	175	573	555
Insurance	91	60	230	165
Deposit insurance premiums	53	63	141	169
Franchise and other taxes	97	76	277	244
Advertising	108	86	317	237
Stationery and office supplies	24	28	93	85
Net realized loss on sale of other real estate and repossessions	16	6	12	16
Other expenses	594	509	1,571	1,694
Total noninterest expense	3,456	3,345	10,167	9,738
Income before federal income taxes	1,548	1,314	4,086	3,827
Federal income taxes	548	386	1,320	1,148
Net income	$ 1,000	$ 928	$ 2,766	$ 2,679
EARNINGS PER COMMON SHARE
Basic	$ 0.2	$ 0.18	$ 0.56	$ 0.54
Diluted	0.2	0.18	0.55	0.53
DIVIDENDS PER COMMON SHARE	$ 0.12	$ 0.11	$ 0.34	$ 0.31

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Net income	$ 1,000	$ 928	$ 2,766	$ 2,679
Other comprehensive income, net of tax:
Unrealized holding (losses) gains on securities during the period, net of taxes (benefits) of $(4), $(3), $123 and $1 for each respective period	(8)	(6)	240	2
Comprehensive income	$ 992	$ 922	$ 3,006	$ 2,681

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Unrealized holding (losses) gains on securities during the period, net of taxes (benefits)	$ (4)	$ (3)	$ 123	$ 1

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating Activities
Net income	$ 2,766	$ 2,679
Items not requiring (providing) cash
Depreciation and amortization	683	601
Expense related to share based compensation plans	104	103
Provision for loan losses	75	307
Provision for losses on foreclosed real estate	0	6
Bank-owned life insurance	(227)	(233)
Accretion of premiums and discounts on securities, net	0	(1)
Originations of loans held for sale	(3,772)	(3,294)
Proceeds from sale of loans held for sale	3,860	3,362
Realized gains on sales of loans	(88)	(68)
Amortization of ESOP	210	165
Realized losses on sales of other real estate and repossessed assets	12	16
Realized gains on sale of Bankers Bancshares, Inc.	0	(162)
Amortization of mortgage servicing rights	5	9
Net change in accrued interest receivable and other assets	(1,660)	(286)
Net change in accrued expenses and other liabilities	773	(309)
Net cash provided by operating activities	2,741	2,895
Securities available for sale:
Maturities, prepayments and calls	7,249	23,827
Purchases	(6,248)	(21,000)
Proceeds from sale of available-for-sale securities	0	0
Securities held to maturity:
Net change in loans	(3,909)	(21,250)
Proceeds from sale of Great Lake Bankers Bank stock	0	208
Purchases of premises and equipment	(674)	(1,959)
Proceeds from sale of other real estate and repossessed assets and premise and equipment	9	70
Net cash used by investing activities	(3,573)	(20,104)
Financing Activities
Net change in deposits	42,048	4,490
Net change in short-term borrowings	6,795	7,863
Net change in Federal Home Loan Bank overnight borrowings	(19,500)	13,200
Repayments of long-term borrowings	(15,098)	(6,125)
Cash dividends paid on common stock	(1,846)	(1,673)
Net cash provided by financing activities	12,399	17,755
Increase (Decrease) in Cash and Cash Equivalents	11,567	546
Cash and Cash Equivalents, Beginning of Period	11,541	12,701
Cash and Cash Equivalents, End of Period	23,108	13,247
Supplemental Cash Flows Information
Interest paid on deposits and borrowings	1,370	1,362
Federal income taxes paid	$ 448	$ 1,007

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	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 September 30, 2017, 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, 2016 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 nine months ended, 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, 2016 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, Unified Bank. Prior to October 10, 2017 The Company’s wholly-owned subsidiary was The Citizens Savings Bank of Martins Ferry, Ohio (“the Bank” or “Citizens”). The Bank operated two 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 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 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. Treasury stock shares, deferred compensation shares and unearned ESOP shares are not deemed outstanding for earnings per share calculations. Three months ended Nine months ended September 30, September 30, 2017 2016 2017 2016 (In thousands, except share and per share data) Basic Net income $ 1,000 $ 928 $ 2,766 $ 2,679 Dividends on non-vested restricted stock (9) (20) (26) (48) Net income allocated to stockholders $ 991 $ 908 $ 2,740 $ 2,631 Weighted average common shares outstanding 4,882,238 4,944,328 4,855,305 4,895,371 Basic earnings per common share $ 0.20 $ 0.18 $ 0.56 $ 0.54 Diluted Net income allocated to stockholders $ 991 $ 908 $ 2,740 $ 2,631 Weighted average common shares outstanding for basic earnings per common share 4,882,238 4,944,328 4,855,305 4,895,371 Add: Dilutive effects of assumed exercise of stock options and restricted stock 127,093 116,277 128,093 116,276 Average shares and dilutive potential common shares 5,009,331 5,060,605 4,983,395 5,011,647 Diluted earnings per common share $ 0.20 $ 0.18 $ 0.55 $ 0.53 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 2013. ASU No. 2017-09 was issued in May 2017 and provides guidance about which changes to the terms or condition of a share-based payment award require and entity to apply modification accounting in Topic 718.The amendments in this Update are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company assessed ASU 2017-09 and does not expect a significant impact on its accounting and disclosures. ASU No. 2017-07 was issued in March 2017 and applies to all employers that offer to their employees defined benefit pension plans, other postretirement benefit plans, or other types of benefits accounted for under Topic 715. The amendments in this update require that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost, as defined, are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments in ASU No. 2017-07 are effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The amendments in this update are to be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The Company assessed ASU 2017-07 and does not expect a significant impact on its accounting and disclosures. In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-15 "Statement of Cash Flows (Topic 230) Classification of Certain Cash Receipts and Cash Payments. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326) - Measurement of Credit Losses on Financial Instruments.” For purchased financial assets with a more-than-insignificant amount of credit deterioration since origination (“PCD assets”) that are measured at amortized cost, the initial allowance for credit losses is added to the purchase price rather than being reported as a credit loss expense. Subsequent changes in the allowance for credit losses on PCD assets are recognized through the statement of income as a credit loss expense. Credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses rather than as a direct write-down to the security. ASU 2016-13 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the impact of these amendments to the Company’s financial position and results of operations and currently does not know or cannot reasonably quantify the impact of the adoption of the amendments as a result of the complexity and extensive changes from the amendments. The Allowance for Loan Losses (ALL) estimate is material to the Company and given the change from an incurred loss model to a methodology that considers the credit loss over the life of the loan, there is the potential for an increase in the ALL at adoption date. The Company is anticipating a significant change in the processes and procedures to calculate the ALL, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. In addition, the current accounting policy and procedures for the other-than-temporary impairment on available-for-sale securities will be replaced with an allowance approach. The Company continues to work with an outside vendor to begin developing and implementing processes during the next two years to ensure it is fully compliant with the amendments at adoption date. For additional information on the allowance for loan losses, see Note 3. ASU No. 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities" ASU No. 2016-01 was issued in January 2016 and applies to all entities that hold financial assets or owe financial liabilities. ASU 2016-01 is intended to improve the recognition and measurement of financial instruments by requiring equity investments to be measured at fair value with changes in fair value recognized in net income; requiring public entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requiring separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements; eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured and amortized at cost on the balance sheet; and requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instruments specific credit risk when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for annual periods and interim periods within those periods, beginning after December 15, 2017. The amendments should be applied by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) should be applied prospectively to equity instruments that exist as of the date of adoption. The Company is currently evaluating the impact of these amendments, but does not expect them to have a material effect on the Company’s financial position or results of operations since it does not have any equity securities or a valuation allowance. However, the amendments will have an impact on certain items that are disclosed at fair value that are not currently utilizing the exit price notion when measuring fair value. The Company is continuing to assess the impact of ASC 2016-01 on its fair value and other disclosure requirements. The current accounting policies and procedures will be modified after the Company has fully evaluated the standard to comply with the accounting changes mentioned above. For additional information on fair value of assets and liabilities, see Note 16. In May 2014, the FASB issued ASU No. 2014-09 “ Revenue from Contracts with Customers (Topic 606) On February 25, 2016, the FASB issued ASU 2016-02 “ Leases (Topic 842). Under the current accounting model, an organization applies a classification test to determine the accounting for the lease arrangement: (a) Some leases are classified as capital where by the lessee would recognize lease assets and liabilities on the balance sheet. (b) Other leases are classified as operating leases whereby the lessee would not recognize lease assets and liabilities on the balance sheet. Under the new guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with Generally Accepted Accounting Principles (GAAP), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet—the new ASU will require both types of leases to be recognized on the balance sheet. For public companies, the ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Thus, for a calendar year company, it would be effective January 1, 2019. The impact is not expected to have a material effect on the Company’s financial position or results of operations since the Company does not have a material amount of lease agreements.

Securities

Securities	9 Months Ended
	Sep. 30, 2017
Trading Securities [Abstract]
Securities	Note 2: Securities Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In thousands) Available-for-sale Securities: September 30, 2017 U.S. government agencies $ 39,249 $ — $ (120) $ 39,129 $ 39,249 $ — $ (120) $ 39,129 Available-for-sale Securities: December 31, 2016: U.S. government agencies $ 39,000 $ — $ (486) $ 38,514 State and political subdivisions 1,249 3 — 1,249 $ 40,249 $ 3 $ (486) $ 39,766 Available-for-sale Amortized Fair Cost Value (in thousands) One to five years 39,249 39,129 Totals $ 39,249 $ 39,129 The carrying value of securities pledged as collateral, to secure public deposits and for other purposes, was $ 36.1 27.9 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 September 30, 2017 and December 31, 2016, was $ 6.0 38.5 15.3 96.6 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. September 30, 2017 Less than 12 Months 12 Months or More Total Description of Fair Unrealized Fair Unrealized Fair Unrealized Securities Value Losses Value Losses Value Losses (In thousands) U.S. Government agencies $ 30,154 $ (94) $ 8,975 $ (26) $ 39,129 $ (120) December 31, 2016 Less than 12 Months 12 Months or More Total Description of Fair Unrealized Fair Unrealized Fair Unrealized Securities Value Losses Value Losses Value Losses (In thousands) U.S. Government agencies $ 38,514 $ (486) $ — $ — $ 38,514 $ (486) The unrealized losses on the Company’s investments in U.S. Government agency 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 likely the Company will be required or need 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 September 30, 2017 and December 31, 2016. There were no available-for–sale investment sales for the nine months ended September 30, 2017 and 2016. There were no investment sales for the three months ended September 30, 2017 and 2016.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2017
Loans and Allowance For Loan Losses [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses September 30, December 31, 2017 2016 (In thousands) Commercial loans $ 75,288 $ 74,514 Commercial real estate 195,727 191,686 Residential real estate 76,501 76,154 Installment loans 12,873 14,367 Total gross loans 360,389 356,721 Less allowance for loan losses (2,195) (2,341) Total loans $ 358,194 $ 354,380 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 nine month period ended September 30, 2017 Commercial Commercial Real Estate Residential Installment Unallocated Total (In thousands) Allowance for loan losses: Balance, July 1, 2017 $ 532 $ 845 $ 447 $ 291 $ 177 $ 2,292 Provision charged to expense (26) 13 1 43 (6) 25 Losses charged off (30) (59) (6) (40) — (135) Recoveries — 1 1 11 — 13 Balance, September 30, 2017 $ 476 $ 800 $ 443 $ 305 $ 171 $ 2,195 Balance, January 1, 2017 $ 495 $ 804 $ 591 $ 107 $ 344 $ 2,341 Provision charged to expense 10 57 (149) 330 (173) 75 Losses charged off (30) (64) (6) (167) — (267) Recoveries 1 3 7 35 — 46 Balance, September 30, 2017 $ 476 $ 800 $ 443 $ 305 $ 171 $ 2,195 Ending balance: individually evaluated for impairment $ 3 $ 120 $ — $ — $ — $ 123 Ending balance: collectively evaluated for impairment $ 473 $ 680 $ 443 $ 305 $ 171 $ 2,072 Loans: Ending balance: individually evaluated for impairment $ 95 $ 661 $ — $ 305 $ — $ 1,061 Ending balance: collectively evaluated for impairment $ 75,193 $ 195,066 $ 76,501 $ 12,568 $ — $ 359,328 Allowance for Loan Losses and Recorded Investment in Loans As of and for the three and nine month period ended September 30, 2016 Commercial Commercial Real Estate Residential Installment Unallocated Total (In thousands) Allowance for loan losses: Balance, July 1, 2016 $ 497 $ 427 $ 163 $ 141 $ 1,237 $ 2,465 Provision charged to expense (272) 246 11 41 105 131 Losses charged off — (108) (24) (53) — (185) Recoveries 1 14 10 18 — 43 Balance, September 30, 2016 $ 226 $ 579 $ 160 $ 147 $ 1,342 $ 2,454 Balance, January 1, 2016 $ 184 $ 597 $ 170 $ 113 $ 1,373 $ 2,437 Provision charged to expense (34) 69 83 220 (31) 307 Losses charged off (2) (108) (115) (244) — (469) Recoveries 78 21 22 58 — 179 Balance, September 30, 2016 $ 226 $ 579 $ 160 $ 147 $ 1,342 $ 2,454 Ending balance: individually evaluated for impairment $ — $ 156 $ — $ — $ — $ 156 Ending balance: collectively evaluated for impairment $ 226 $ 423 $ 160 $ 147 $ 1,342 $ 2,298 Loans: Ending balance: individually evaluated for impairment $ 19 $ 1,340 $ — $ — $ — $ 1,359 Ending balance: collectively evaluated for impairment $ 89,801 $ 167,177 $ 77,469 $ 14,836 $ — $ 349,283 As of December 31, 2016 Commercial Commercial Real Estate Residential Installment Unallocated Total (In thousands) Allowance for loan losses: Ending balance: individually evaluated for impairment $ 11 $ 108 $ — $ — $ — $ 119 Ending balance: collectively evaluated for impairment $ 484 $ 696 $ 591 $ 107 $ 344 $ 2,222 Loans: Ending balance: individually evaluated for impairment $ 3,148 $ 1,178 $ — $ 326 $ — $ 4,652 Ending balance: collectively evaluated for impairment $ 71,366 $ 190,508 $ 76,154 $ 14,041 $ — $ 352,069 September 30, 2017 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 72,464 $ 191,761 $ 76,501 $ 12,567 $ 353,293 Special Mention 32 3,131 — — 3,163 Substandard 2,792 835 — 306 3,933 Doubtful — — — — — $ 75,288 $ 195,727 $ 76,501 $ 12,873 $ 360,389 December 31, 2016 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 71,302 $ 187,255 $ 76,154 $ 14,041 $ 348,752 Special Mention 64 3,253 — — 3,317 Substandard 3,148 1,178 — 326 4,652 Doubtful — — — — — $ 74,514 $ 191,686 $ 76,154 $ 14,367 $ 356,721 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. . Loan Portfolio Aging Analysis As of September 30, 2017 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 $ 194 $ 16 $ — $ 72 $ 282 $ 75,006 $ 75,288 Commercial real estate 163 — — 487 650 195,077 195,727 Residential 840 89 — 733 1,662 74,839 76,501 Installment 74 — — 5 79 12,794 12,873 Total $ 1,271 $ 105 $ — $ 1,297 $ 2,673 $ 357,716 $ 360,389 Loan Portfolio Aging Analysis As of December 31, 2016 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 $ 153 $ 105 $ 75 $ 49 $ 382 $ 74,132 $ 74,514 Commercial real estate — 55 — 335 390 191,296 191,686 Residential 805 135 161 922 2,023 74,131 76,154 Installment 213 8 — 55 276 14,091 14,367 Total $ 1,171 $ 303 $ 236 $ 1,361 $ 3,071 $ 353,650 $ 356,721 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 nine months ended As of September 30, 2017 September 30, 2017 September 30, 2017 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 $ 64 $ 64 $ — $ 65 $ — $ 62 $ 2 Commercial real estate 180 180 — 592 3 607 8 Residential — — — — — — — Installment 306 306 — 306 — 313 3 550 550 — 963 3 982 13 Loans with a specific valuation allowance: Commercial 30 30 3 30 4 97 7 Commercial real estate 481 481 120 535 2 496 14 Residential — — — — — — — Installment — — — — — — — 511 511 123 565 6 593 21 Total: Commercial $ 94 $ 94 $ 3 $ 95 $ 4 $ 159 $ 9 Commercial real estate $ 661 $ 661 $ 120 $ 1,127 $ 5 $ 1,103 $ 22 Residential $ — $ — $ — $ — $ — $ — $ — Installment $ 306 $ 306 $ — $ 306 $ — $ 313 $ 3 Impaired Loans For the three months ended For the nine months ended As of December 31, 2016 September 30, 2016 September 30, 2016 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 $ 2,975 $ 2,975 $ — $ 19 $ — $ 19 $ — Commercial real estate 658 766 — 1,219 15 1,228 32 Residential — — — — — — — Installment 326 326 — — — — — 3,959 4,067 — 1,238 15 1,247 32 Loans with a specific valuation allowance: Commercial 173 173 11 — — — — Commercial real estate 520 520 108 757 4 769 21 Residential — — — — — — — Installment — — — — — — 2 693 693 119 757 4 769 23 Total: Commercial $ 3,148 $ 3,148 $ 11 $ 19 $ — $ 19 $ — Commercial real estate $ 1,178 $ 1,286 $ 108 $ 1,976 $ 19 $ 1,997 $ 53 Residential $ 326 $ 326 $ — $ — $ — $ — $ — Installment $ — $ — $ — $ — $ — $ — $ 2 Interest income recognized on a cash basis was not materially 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. In conjunction with the restructuring there were no amounts charged-off. Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 2 $ 40 $ 40 Commercial real estate 1 62 62 Residential — — — Installment — — — Three Months ended September 30, 2017 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 40 $ — $ 40 Commercial real estate — 62 — 62 Residential — — — — Consumer — — — — Nine Months ended September 30, 2017 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 2 $ 40 $ 40 Commercial real estate 3 189 165 Residential — — — Installment — — — Nine Months Ended September 30, 2017 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 40 $ — $ 40 Commercial real estate — 165 — 165 Residential — — — — Consumer — — — — Three Months ended September 30, 2016 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 1 $ 17 $ 17 Commercial real estate 1 29 29 Residential — — — Installment — — — Three Months Ended September 30, 2016 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 17 $ — $ 17 Commercial real estate — 29 — 29 Residential — — — — Consumer — — — — Nine Months ended September 30, 2016 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 1 $ 17 $ 17 Commercial real estate 3 115 115 Residential — — — Installment — — — Nine Months Ended September 30, 2016 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 17 $ — $ 17 Commercial real estate — 115 — 115 Residential — — — — Consumer — — — — During the nine the months ended September 30, 2017, troubled debt restructurings described above increased the allowance for loan losses by $ 20,000 8,000

Benefit Plans

Benefit Plans	9 Months Ended
	Sep. 30, 2017
Benefit Plans [Abstract]
Benefit Plans	Benefit Plans Three months ended Nine months ended September 30, September 30, 2017 2016 2017 2016 (In thousands) Service cost $ 68 $ 78 $ 204 $ 234 Interest cost 50 50 150 150 Expected return on assets (90) (86) (270) (258) Amortization of prior service cost and net loss (6) (2) (18) (6) Pension expense $ 22 $ 40 $ 66 $ 120

Off-balance-sheet Activities

Off-balance-sheet Activities	9 Months Ended
	Sep. 30, 2017
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: September 30, December 31, 2017 2016 (In thousands) Commercial loans unused lines of credit $ 23,429 $ 20,942 Commitment to originate loans 11,887 12,349 Consumer open end lines of credit 37,567 35,590

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss September 30, December 31, 2017 2016 (In thousands) Net unrealized loss on securities available-for-sale $ (120) $ (483) Net unrealized loss for funded status of defined benefit plan liability (205) (205) (325) (688) Tax effect 111 234 Net-of-tax amount $ (214) $ (454)

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	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. 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) September 30, 2017 U.S. government agencies $ 39,129 $ — $ 39,129 $ — December 31, 2016 U.S. government agencies $ 38,514 $ — $ 38,514 $ — State and political subdivisions 1,252 — 1,252 — 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. 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) September 30, 2017 Collateral dependent impaired loans $ 363 $ — $ — $ 363 Foreclosed assets held for sale 174 — — 174 December 31, 2016 Collateral dependent impaired loans $ 3,435 $ — $ — $ 3,435 Foreclosed assets held for sale 249 — — 249 Unobservable (Level 3) Inputs Fair Value at Valuation 9/30/17 Technique Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans $ 363 Market comparable properties Comparability adjustments Not available Foreclosed assets held for sale 174 Market comparable properties Marketability discount 10% – 15% Fair Value at Valuation 12/31/16 Technique Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans $ 3,435 Market comparable properties Comparability adjustments Not available Foreclosed assets held for sale $ 249 Market comparable properties Marketability discount 10% – 35% There were no significant changes in the valuation techniques used during 2017. 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) September 30, 2017 Financial assets Cash and cash equivalents $ 23,108 $ 23,108 $ — $ — Loans, net of allowance 358,194 — — 361,023 Federal Home Loan Bank stock 4,164 — 4,164 — Accrued interest receivable 913 — 913 — Financial liabilities Deposits 380,851 — 351,459 — Short term borrowings 16,188 — 16,188 — Federal Home Loan Bank Advances 5,257 — 5,281 — Subordinated debentures 4,124 — 3,435 — Interest payable 66 — 66 — 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, 2016 Financial assets Cash and cash equivalents $ 11,541 $ 11,541 $ — $ — Loans, net of allowance 354,380 — — 355,753 Federal Home Loan Bank stock 4,164 — 4,164 — Accrued interest receivable 840 — 840 — Financial liabilities Deposits 338,803 — 312,240 — Short term borrowings 9,393 — 9,393 — Federal Home Loan Bank Advances 39,855 — 40,120 — Subordinated debentures 4,124 — 3,435 — Interest payable 111 — 111 — 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. 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 September 30, 2017 and December 31, 2016.

Repurchase Agreements

Repurchase Agreements	9 Months Ended
	Sep. 30, 2017
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 September 30, 2017 and December 31, 2016, repurchase agreement borrowings totaled $ 16,188,000 9,393,000 The following table presents the Company’s repurchase agreements accounted for as secured borrowings: Remaining Contractual Maturity of the Agreement (In thousands) Overnight and Greater than 90 September 30, 2017 Continuous Up to 30 Days 30-90 Days Days Total Repurchase Agreements U.S. government agencies $ 16,188 $ — $ — $ — $ 16,188 Total $ 16,188 $ — $ — $ — $ 16,188 Overnight and Greater than 90 December 31, 2016 Continuous Up to 30 Days 30-90 Days Days Total Repurchase Agreements U.S. government agencies $ 9,393 $ — $ — $ — $ 9,393 Total $ 9,393 $ — $ — $ — $ 9,393 These borrowings were collateralized with U.S. government and agency securities with a carrying value of $ 17.8 13.0

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2017
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, Unified Bank. Prior to October 10, 2017 The Company’s wholly-owned subsidiary was The Citizens Savings Bank of Martins Ferry, Ohio (“the Bank” or “Citizens”). The Bank operated two
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
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 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 Nine months ended September 30, September 30, 2017 2016 2017 2016 (In thousands, except share and per share data) Basic Net income $ 1,000 $ 928 $ 2,766 $ 2,679 Dividends on non-vested restricted stock (9) (20) (26) (48) Net income allocated to stockholders $ 991 $ 908 $ 2,740 $ 2,631 Weighted average common shares outstanding 4,882,238 4,944,328 4,855,305 4,895,371 Basic earnings per common share $ 0.20 $ 0.18 $ 0.56 $ 0.54 Diluted Net income allocated to stockholders $ 991 $ 908 $ 2,740 $ 2,631 Weighted average common shares outstanding for basic earnings per common share 4,882,238 4,944,328 4,855,305 4,895,371 Add: Dilutive effects of assumed exercise of stock options and restricted stock 127,093 116,277 128,093 116,276 Average shares and dilutive potential common shares 5,009,331 5,060,605 4,983,395 5,011,647 Diluted earnings per common share $ 0.20 $ 0.18 $ 0.55 $ 0.53
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 2013.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU No. 2017-09 was issued in May 2017 and provides guidance about which changes to the terms or condition of a share-based payment award require and entity to apply modification accounting in Topic 718.The amendments in this Update are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company assessed ASU 2017-09 and does not expect a significant impact on its accounting and disclosures. ASU No. 2017-07 was issued in March 2017 and applies to all employers that offer to their employees defined benefit pension plans, other postretirement benefit plans, or other types of benefits accounted for under Topic 715. The amendments in this update require that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost, as defined, are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments in ASU No. 2017-07 are effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The amendments in this update are to be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The Company assessed ASU 2017-07 and does not expect a significant impact on its accounting and disclosures. In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-15 "Statement of Cash Flows (Topic 230) Classification of Certain Cash Receipts and Cash Payments. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326) - Measurement of Credit Losses on Financial Instruments.” For purchased financial assets with a more-than-insignificant amount of credit deterioration since origination (“PCD assets”) that are measured at amortized cost, the initial allowance for credit losses is added to the purchase price rather than being reported as a credit loss expense. Subsequent changes in the allowance for credit losses on PCD assets are recognized through the statement of income as a credit loss expense. Credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses rather than as a direct write-down to the security. ASU 2016-13 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the impact of these amendments to the Company’s financial position and results of operations and currently does not know or cannot reasonably quantify the impact of the adoption of the amendments as a result of the complexity and extensive changes from the amendments. The Allowance for Loan Losses (ALL) estimate is material to the Company and given the change from an incurred loss model to a methodology that considers the credit loss over the life of the loan, there is the potential for an increase in the ALL at adoption date. The Company is anticipating a significant change in the processes and procedures to calculate the ALL, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. In addition, the current accounting policy and procedures for the other-than-temporary impairment on available-for-sale securities will be replaced with an allowance approach. The Company continues to work with an outside vendor to begin developing and implementing processes during the next two years to ensure it is fully compliant with the amendments at adoption date. For additional information on the allowance for loan losses, see Note 3. ASU No. 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities" ASU No. 2016-01 was issued in January 2016 and applies to all entities that hold financial assets or owe financial liabilities. ASU 2016-01 is intended to improve the recognition and measurement of financial instruments by requiring equity investments to be measured at fair value with changes in fair value recognized in net income; requiring public entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requiring separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements; eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured and amortized at cost on the balance sheet; and requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instruments specific credit risk when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for annual periods and interim periods within those periods, beginning after December 15, 2017. The amendments should be applied by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) should be applied prospectively to equity instruments that exist as of the date of adoption. The Company is currently evaluating the impact of these amendments, but does not expect them to have a material effect on the Company’s financial position or results of operations since it does not have any equity securities or a valuation allowance. However, the amendments will have an impact on certain items that are disclosed at fair value that are not currently utilizing the exit price notion when measuring fair value. The Company is continuing to assess the impact of ASC 2016-01 on its fair value and other disclosure requirements. The current accounting policies and procedures will be modified after the Company has fully evaluated the standard to comply with the accounting changes mentioned above. For additional information on fair value of assets and liabilities, see Note 16. In May 2014, the FASB issued ASU No. 2014-09 “ Revenue from Contracts with Customers (Topic 606) On February 25, 2016, the FASB issued ASU 2016-02 “ Leases (Topic 842). Under the current accounting model, an organization applies a classification test to determine the accounting for the lease arrangement: (a) Some leases are classified as capital where by the lessee would recognize lease assets and liabilities on the balance sheet. (b) Other leases are classified as operating leases whereby the lessee would not recognize lease assets and liabilities on the balance sheet. Under the new guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with Generally Accepted Accounting Principles (GAAP), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet—the new ASU will require both types of leases to be recognized on the balance sheet. For public companies, the ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Thus, for a calendar year company, it would be effective January 1, 2019. The impact is not expected to have a material effect on the Company’s financial position or results of operations since the Company does not have a material amount of lease agreements.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2017
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 Nine months ended September 30, September 30, 2017 2016 2017 2016 (In thousands, except share and per share data) Basic Net income $ 1,000 $ 928 $ 2,766 $ 2,679 Dividends on non-vested restricted stock (9) (20) (26) (48) Net income allocated to stockholders $ 991 $ 908 $ 2,740 $ 2,631 Weighted average common shares outstanding 4,882,238 4,944,328 4,855,305 4,895,371 Basic earnings per common share $ 0.20 $ 0.18 $ 0.56 $ 0.54 Diluted Net income allocated to stockholders $ 991 $ 908 $ 2,740 $ 2,631 Weighted average common shares outstanding for basic earnings per common share 4,882,238 4,944,328 4,855,305 4,895,371 Add: Dilutive effects of assumed exercise of stock options and restricted stock 127,093 116,277 128,093 116,276 Average shares and dilutive potential common shares 5,009,331 5,060,605 4,983,395 5,011,647 Diluted earnings per common share $ 0.20 $ 0.18 $ 0.55 $ 0.53

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2017
Trading Securities [Abstract]
Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses of Securities	The amortized cost and fair values, together with gross unrealized gains and losses of securities are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In thousands) Available-for-sale Securities: September 30, 2017 U.S. government agencies $ 39,249 $ — $ (120) $ 39,129 $ 39,249 $ — $ (120) $ 39,129 Available-for-sale Securities: December 31, 2016: U.S. government agencies $ 39,000 $ — $ (486) $ 38,514 State and political subdivisions 1,249 3 — 1,249 $ 40,249 $ 3 $ (486) $ 39,766
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 at September 30, 2017, 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 Amortized Fair Cost Value (in thousands) One to five years 39,249 39,129 Totals $ 39,249 $ 39,129
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 September 30, 2017 and December 31, 2016: September 30, 2017 Less than 12 Months 12 Months or More Total Description of Fair Unrealized Fair Unrealized Fair Unrealized Securities Value Losses Value Losses Value Losses (In thousands) U.S. Government agencies $ 30,154 $ (94) $ 8,975 $ (26) $ 39,129 $ (120) December 31, 2016 Less than 12 Months 12 Months or More Total Description of Fair Unrealized Fair Unrealized Fair Unrealized Securities Value Losses Value Losses Value Losses (In thousands) U.S. Government agencies $ 38,514 $ (486) $ — $ — $ 38,514 $ (486)

Loans and Allowance for Loan 19

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2017
Loans and Allowance For Loan Losses [Abstract]
Categories of Loans	Categories of loans include: September 30, December 31, 2017 2016 (In thousands) Commercial loans $ 75,288 $ 74,514 Commercial real estate 195,727 191,686 Residential real estate 76,501 76,154 Installment loans 12,873 14,367 Total gross loans 360,389 356,721 Less allowance for loan losses (2,195) (2,341) Total loans $ 358,194 $ 354,380
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 nine month period ended September 30, 2017 Commercial Commercial Real Estate Residential Installment Unallocated Total (In thousands) Allowance for loan losses: Balance, July 1, 2017 $ 532 $ 845 $ 447 $ 291 $ 177 $ 2,292 Provision charged to expense (26) 13 1 43 (6) 25 Losses charged off (30) (59) (6) (40) — (135) Recoveries — 1 1 11 — 13 Balance, September 30, 2017 $ 476 $ 800 $ 443 $ 305 $ 171 $ 2,195 Balance, January 1, 2017 $ 495 $ 804 $ 591 $ 107 $ 344 $ 2,341 Provision charged to expense 10 57 (149) 330 (173) 75 Losses charged off (30) (64) (6) (167) — (267) Recoveries 1 3 7 35 — 46 Balance, September 30, 2017 $ 476 $ 800 $ 443 $ 305 $ 171 $ 2,195 Ending balance: individually evaluated for impairment $ 3 $ 120 $ — $ — $ — $ 123 Ending balance: collectively evaluated for impairment $ 473 $ 680 $ 443 $ 305 $ 171 $ 2,072 Loans: Ending balance: individually evaluated for impairment $ 95 $ 661 $ — $ 305 $ — $ 1,061 Ending balance: collectively evaluated for impairment $ 75,193 $ 195,066 $ 76,501 $ 12,568 $ — $ 359,328 Allowance for Loan Losses and Recorded Investment in Loans As of and for the three and nine month period ended September 30, 2016 Commercial Commercial Real Estate Residential Installment Unallocated Total (In thousands) Allowance for loan losses: Balance, July 1, 2016 $ 497 $ 427 $ 163 $ 141 $ 1,237 $ 2,465 Provision charged to expense (272) 246 11 41 105 131 Losses charged off — (108) (24) (53) — (185) Recoveries 1 14 10 18 — 43 Balance, September 30, 2016 $ 226 $ 579 $ 160 $ 147 $ 1,342 $ 2,454 Balance, January 1, 2016 $ 184 $ 597 $ 170 $ 113 $ 1,373 $ 2,437 Provision charged to expense (34) 69 83 220 (31) 307 Losses charged off (2) (108) (115) (244) — (469) Recoveries 78 21 22 58 — 179 Balance, September 30, 2016 $ 226 $ 579 $ 160 $ 147 $ 1,342 $ 2,454 Ending balance: individually evaluated for impairment $ — $ 156 $ — $ — $ — $ 156 Ending balance: collectively evaluated for impairment $ 226 $ 423 $ 160 $ 147 $ 1,342 $ 2,298 Loans: Ending balance: individually evaluated for impairment $ 19 $ 1,340 $ — $ — $ — $ 1,359 Ending balance: collectively evaluated for impairment $ 89,801 $ 167,177 $ 77,469 $ 14,836 $ — $ 349,283 Allowance for Loan Losses and Recorded Investment in Loans As of December 31, 2016 Commercial Commercial Real Estate Residential Installment Unallocated Total (In thousands) Allowance for loan losses: Ending balance: individually evaluated for impairment $ 11 $ 108 $ — $ — $ — $ 119 Ending balance: collectively evaluated for impairment $ 484 $ 696 $ 591 $ 107 $ 344 $ 2,222 Loans: Ending balance: individually evaluated for impairment $ 3,148 $ 1,178 $ — $ 326 $ — $ 4,652 Ending balance: collectively evaluated for impairment $ 71,366 $ 190,508 $ 76,154 $ 14,041 $ — $ 352,069
Portfolio Quality Indicators	The following tables show the portfolio quality indicators. September 30, 2017 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 72,464 $ 191,761 $ 76,501 $ 12,567 $ 353,293 Special Mention 32 3,131 — — 3,163 Substandard 2,792 835 — 306 3,933 Doubtful — — — — — $ 75,288 $ 195,727 $ 76,501 $ 12,873 $ 360,389 December 31, 2016 Commercial Loan Class Commercial Real Estate Residential Installment Total (In thousands) Pass Grade $ 71,302 $ 187,255 $ 76,154 $ 14,041 $ 348,752 Special Mention 64 3,253 — — 3,317 Substandard 3,148 1,178 — 326 4,652 Doubtful — — — — — $ 74,514 $ 191,686 $ 76,154 $ 14,367 $ 356,721
Loan Portfolio Aging Analysis	. Loan Portfolio Aging Analysis As of September 30, 2017 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 $ 194 $ 16 $ — $ 72 $ 282 $ 75,006 $ 75,288 Commercial real estate 163 — — 487 650 195,077 195,727 Residential 840 89 — 733 1,662 74,839 76,501 Installment 74 — — 5 79 12,794 12,873 Total $ 1,271 $ 105 $ — $ 1,297 $ 2,673 $ 357,716 $ 360,389 Loan Portfolio Aging Analysis As of December 31, 2016 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 $ 153 $ 105 $ 75 $ 49 $ 382 $ 74,132 $ 74,514 Commercial real estate — 55 — 335 390 191,296 191,686 Residential 805 135 161 922 2,023 74,131 76,154 Installment 213 8 — 55 276 14,091 14,367 Total $ 1,171 $ 303 $ 236 $ 1,361 $ 3,071 $ 353,650 $ 356,721
Impaired Loans	Impaired Loans For the three months ended For the nine months ended As of September 30, 2017 September 30, 2017 September 30, 2017 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 $ 64 $ 64 $ — $ 65 $ — $ 62 $ 2 Commercial real estate 180 180 — 592 3 607 8 Residential — — — — — — — Installment 306 306 — 306 — 313 3 550 550 — 963 3 982 13 Loans with a specific valuation allowance: Commercial 30 30 3 30 4 97 7 Commercial real estate 481 481 120 535 2 496 14 Residential — — — — — — — Installment — — — — — — — 511 511 123 565 6 593 21 Total: Commercial $ 94 $ 94 $ 3 $ 95 $ 4 $ 159 $ 9 Commercial real estate $ 661 $ 661 $ 120 $ 1,127 $ 5 $ 1,103 $ 22 Residential $ — $ — $ — $ — $ — $ — $ — Installment $ 306 $ 306 $ — $ 306 $ — $ 313 $ 3 Impaired Loans For the three months ended For the nine months ended As of December 31, 2016 September 30, 2016 September 30, 2016 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 $ 2,975 $ 2,975 $ — $ 19 $ — $ 19 $ — Commercial real estate 658 766 — 1,219 15 1,228 32 Residential — — — — — — — Installment 326 326 — — — — — 3,959 4,067 — 1,238 15 1,247 32 Loans with a specific valuation allowance: Commercial 173 173 11 — — — — Commercial real estate 520 520 108 757 4 769 21 Residential — — — — — — — Installment — — — — — — 2 693 693 119 757 4 769 23 Total: Commercial $ 3,148 $ 3,148 $ 11 $ 19 $ — $ 19 $ — Commercial real estate $ 1,178 $ 1,286 $ 108 $ 1,976 $ 19 $ 1,997 $ 53 Residential $ 326 $ 326 $ — $ — $ — $ — $ — Installment $ — $ — $ — $ — $ — $ — $ 2
Troubled Debt Restructurings on Financing Receivables	Three Months ended September 30, 2017 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 2 $ 40 $ 40 Commercial real estate 1 62 62 Residential — — — Installment — — — Three Months ended September 30, 2017 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 40 $ — $ 40 Commercial real estate — 62 — 62 Residential — — — — Consumer — — — — Nine Months ended September 30, 2017 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 2 $ 40 $ 40 Commercial real estate 3 189 165 Residential — — — Installment — — — Nine Months Ended September 30, 2017 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 40 $ — $ 40 Commercial real estate — 165 — 165 Residential — — — — Consumer — — — — Three Months ended September 30, 2016 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 1 $ 17 $ 17 Commercial real estate 1 29 29 Residential — — — Installment — — — Three Months Ended September 30, 2016 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 17 $ — $ 17 Commercial real estate — 29 — 29 Residential — — — — Consumer — — — — Nine Months ended September 30, 2016 Pre- Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In thousands) Commercial 1 $ 17 $ 17 Commercial real estate 3 115 115 Residential — — — Installment — — — Nine Months Ended September 30, 2016 Interest Total Only Term Combination Modification (In thousands) Commercial $ — $ 17 $ — $ 17 Commercial real estate — 115 — 115 Residential — — — — Consumer — — — —

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2017
Benefit Plans [Abstract]
Pension Expense	Pension expense includes the following: Three months ended Nine months ended September 30, September 30, 2017 2016 2017 2016 (In thousands) Service cost $ 68 $ 78 $ 204 $ 234 Interest cost 50 50 150 150 Expected return on assets (90) (86) (270) (258) Amortization of prior service cost and net loss (6) (2) (18) (6) Pension expense $ 22 $ 40 $ 66 $ 120

Off-balance-sheet Activities (T

Off-balance-sheet Activities (Tables)	9 Months Ended
	Sep. 30, 2017
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: September 30, December 31, 2017 2016 (In thousands) Commercial loans unused lines of credit $ 23,429 $ 20,942 Commitment to originate loans 11,887 12,349 Consumer open end lines of credit 37,567 35,590

Accumulated Other Comprehensi22

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2017
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: September 30, December 31, 2017 2016 (In thousands) Net unrealized loss on securities available-for-sale $ (120) $ (483) Net unrealized loss for funded status of defined benefit plan liability (205) (205) (325) (688) Tax effect 111 234 Net-of-tax amount $ (214) $ (454)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2017
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 September 30, 2017 and December 31, 2016: 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) September 30, 2017 U.S. government agencies $ 39,129 $ — $ 39,129 $ — December 31, 2016 U.S. government agencies $ 38,514 $ — $ 38,514 $ — State and political subdivisions 1,252 — 1,252 —
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 September 30, 2017 and December 31, 2016. 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) September 30, 2017 Collateral dependent impaired loans $ 363 $ — $ — $ 363 Foreclosed assets held for sale 174 — — 174 December 31, 2016 Collateral dependent impaired loans $ 3,435 $ — $ — $ 3,435 Foreclosed assets held for sale 249 — — 249
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 9/30/17 Technique Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans $ 363 Market comparable properties Comparability adjustments Not available Foreclosed assets held for sale 174 Market comparable properties Marketability discount 10% – 15% Fair Value at Valuation 12/31/16 Technique Unobservable Inputs Range (In thousands) Collateral-dependent impaired loans $ 3,435 Market comparable properties Comparability adjustments Not available Foreclosed assets held for sale $ 249 Market comparable properties Marketability discount 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) September 30, 2017 Financial assets Cash and cash equivalents $ 23,108 $ 23,108 $ — $ — Loans, net of allowance 358,194 — — 361,023 Federal Home Loan Bank stock 4,164 — 4,164 — Accrued interest receivable 913 — 913 — Financial liabilities Deposits 380,851 — 351,459 — Short term borrowings 16,188 — 16,188 — Federal Home Loan Bank Advances 5,257 — 5,281 — Subordinated debentures 4,124 — 3,435 — Interest payable 66 — 66 — 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, 2016 Financial assets Cash and cash equivalents $ 11,541 $ 11,541 $ — $ — Loans, net of allowance 354,380 — — 355,753 Federal Home Loan Bank stock 4,164 — 4,164 — Accrued interest receivable 840 — 840 — Financial liabilities Deposits 338,803 — 312,240 — Short term borrowings 9,393 — 9,393 — Federal Home Loan Bank Advances 39,855 — 40,120 — Subordinated debentures 4,124 — 3,435 — Interest payable 111 — 111 —

Repurchase Agreements (Tables)

Repurchase Agreements (Tables)	9 Months Ended
	Sep. 30, 2017
Disclosure of Repurchase Agreements [Abstract]
Schedule of Repurchase Agreements	The following table presents the Company’s repurchase agreements accounted for as secured borrowings: Remaining Contractual Maturity of the Agreement (In thousands) Overnight and Greater than 90 September 30, 2017 Continuous Up to 30 Days 30-90 Days Days Total Repurchase Agreements U.S. government agencies $ 16,188 $ — $ — $ — $ 16,188 Total $ 16,188 $ — $ — $ — $ 16,188 Overnight and Greater than 90 December 31, 2016 Continuous Up to 30 Days 30-90 Days Days Total Repurchase Agreements U.S. government agencies $ 9,393 $ — $ — $ — $ 9,393 Total $ 9,393 $ — $ — $ — $ 9,393

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2017
Summary Of Significant Accounting Policies [Line Items]
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		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Basic
Net income	$ 1,000	$ 928	$ 2,766	$ 2,679
Dividends on non-vested restricted stock	(9)	(20)	(26)	(48)
Net income allocated to stockholders	$ 991	$ 908	$ 2,740	$ 2,631
Weighted average common shares outstanding	4,882,238	4,944,328	4,855,305	4,895,371
Basic earnings per common share	$ 0.2	$ 0.18	$ 0.56	$ 0.54
Diluted
Net income allocated to stockholders	$ 991	$ 908	$ 2,740	$ 2,631
Weighted average common shares outstanding for basic earnings per common share	4,882,238	4,944,328	4,855,305	4,895,371
Add: Dilutive effects of assumed exercise of stock options and restricted stock	127,093	116,277	128,093	116,276
Average shares and dilutive potential common shares	5,009,331	5,060,605	4,983,395	5,011,647
Diluted earnings per common share	$ 0.2	$ 0.18	$ 0.55	$ 0.53

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Schedule Of Marketable Securities [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 36.1	$ 27.9
Fair Value of Investment in debt securities	$ 6	$ 38.5
Percentage of fair value of investment in debt	15.30%	96.60%

Amortized Cost and Approximate

Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses of Securities (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost	$ 39,249	$ 40,249
Available-for-sale Securities, Gross Unrealized Gains	0	3
Available-for-sale Securities, Gross Unrealized Losses	(120)	(486)
Available-for-sale securities, Fair Value	39,129	39,766
U.S. government agencies
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost	39,249	39,000
Available-for-sale Securities, Gross Unrealized Gains	0	0
Available-for-sale Securities, Gross Unrealized Losses	(120)	(486)
Available-for-sale securities, Fair Value	$ 39,129	38,514
State and political subdivisions
Gain (Loss) on Investments [Line Items]
Available-for-sale Securities, Amortized Cost		1,249
Available-for-sale Securities, Gross Unrealized Gains		3
Available-for-sale Securities, Gross Unrealized Losses		0
Available-for-sale securities, Fair Value		$ 1,249

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	Sep. 30, 2017	Dec. 31, 2016
Available-for-sale, Amortized Cost
One to five years	$ 39,249
Totals	39,249	$ 40,249
Available-for-sale, Fair Value
One to five years	39,129
Totals	$ 39,129	$ 39,766

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	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Gain (Loss) on Investments [Line Items]
Less than 12 Months, Fair Value	$ 30,154	$ 38,514
Less than 12 Months, Unrealized Losses	(94)	(486)
12 Months or More, Fair Value	8,975	0
12 Months or More, Unrealized Losses	(26)	0
Total, Fair Value	39,129	38,514
Total, Unrealized Losses	$ (120)	$ (486)

Loans and Allowance for Loan 31

Loans and Allowance for Loan Losses - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan and lease losses, period increase (decrease)	$ 20,000	$ 8,000

Categories of Loan (Detail)

Categories of Loan (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Commercial loans	$ 75,288		$ 74,514
Commercial real estate	195,727		191,686
Residential real estate	76,501		76,154
Installment loans	12,873		14,367
Total gross loans	360,389		356,721
Less allowance for loan losses	(2,195)	$ (2,292)	(2,341)	$ (2,454)	$ (2,465)	$ (2,437)
Total loans	$ 358,194		$ 354,380

Allowance for Loan Losses and R

Allowance for Loan Losses and Recorded Investment in Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Allowance for loan losses:
Balance, beginning of period	$ 2,292	$ 2,465	$ 2,341	$ 2,437
Provision charged to expense	25	131	75	307
Losses charged off	(135)	(185)	(267)	(469)
Recoveries	13	43	46	179
Balance, end of period	2,195	2,454	2,195	2,454
Ending balance: individually evaluated for impairment	123	156	123	156	$ 119
Ending balance: collectively evaluated for impairment	2,072	2,298	2,072	2,298	2,222
Loans:
Ending balance: individually evaluated for impairment	1,061	1,359	1,061	1,359	4,652
Ending balance: collectively evaluated for impairment	359,328	349,283	359,328	349,283	352,069
Commercial
Allowance for loan losses:
Balance, beginning of period	532	497	495	184
Provision charged to expense	(26)	(272)	10	(34)
Losses charged off	(30)	0	(30)	(2)
Recoveries	0	1	1	78
Balance, end of period	476	226	476	226
Ending balance: individually evaluated for impairment	3	0	3	0	11
Ending balance: collectively evaluated for impairment	473	226	473	226	484
Loans:
Ending balance: individually evaluated for impairment	95	19	95	19	3,148
Ending balance: collectively evaluated for impairment	75,193	89,801	75,193	89,801	71,366
Commercial Real Estate
Allowance for loan losses:
Balance, beginning of period	845	427	804	597
Provision charged to expense	13	246	57	69
Losses charged off	(59)	(108)	(64)	(108)
Recoveries	1	14	3	21
Balance, end of period	800	579	800	579
Ending balance: individually evaluated for impairment	120	156	120	156	108
Ending balance: collectively evaluated for impairment	680	423	680	423	696
Loans:
Ending balance: individually evaluated for impairment	661	1,340	661	1,340	1,178
Ending balance: collectively evaluated for impairment	195,066	167,177	195,066	167,177	190,508
Residential
Allowance for loan losses:
Balance, beginning of period	447	163	591	170
Provision charged to expense	1	11	(149)	83
Losses charged off	(6)	(24)	(6)	(115)
Recoveries	1	10	7	22
Balance, end of period	443	160	443	160
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	443	160	443	160	591
Loans:
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	76,501	77,469	76,501	77,469	76,154
Installment
Allowance for loan losses:
Balance, beginning of period	291	141	107	113
Provision charged to expense	43	41	330	220
Losses charged off	(40)	(53)	(167)	(244)
Recoveries	11	18	35	58
Balance, end of period	305	147	305	147
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	305	147	305	147	107
Loans:
Ending balance: individually evaluated for impairment	305	0	305	0	326
Ending balance: collectively evaluated for impairment	12,568	14,836	12,568	14,836	14,041
Unallocated
Allowance for loan losses:
Balance, beginning of period	177	1,237	344	1,373
Provision charged to expense	(6)	105	(173)	(31)
Losses charged off	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	171	1,342	171	1,342
Ending balance: individually evaluated for impairment	0	0	0	0	0
Ending balance: collectively evaluated for impairment	171	1,342	171	1,342	344
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	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Commercial	$ 75,288	$ 74,514
Commercial Real Estate	195,727	191,686
Residential	76,501	76,154
Installment	12,873	14,367
Total	360,389	356,721
Pass Grade
Financing Receivable, Recorded Investment [Line Items]
Commercial	72,464	71,302
Commercial Real Estate	191,761	187,255
Residential	76,501	76,154
Installment	12,567	14,041
Total	353,293	348,752
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Commercial	32	64
Commercial Real Estate	3,131	3,253
Residential	0	0
Installment	0	0
Total	3,163	3,317
Substandard
Financing Receivable, Recorded Investment [Line Items]
Commercial	2,792	3,148
Commercial Real Estate	835	1,178
Residential	0	0
Installment	306	326
Total	3,933	4,652
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	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	$ 1,297	$ 1,361
Total Past Due and Non Accrual	2,673	3,071
Current	357,716	353,650
Total Loans Receivable	360,389	356,721
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	1,271	1,171
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	105	303
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	236
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	72	49
Total Past Due and Non Accrual	282	382
Current	75,006	74,132
Total Loans Receivable	75,288	74,514
Commercial | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	194	153
Commercial | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	16	105
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	0	75
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	487	335
Total Past Due and Non Accrual	650	390
Current	195,077	191,296
Total Loans Receivable	195,727	191,686
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	163	0
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	55
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	0
Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	733	922
Total Past Due and Non Accrual	1,662	2,023
Current	74,839	74,131
Total Loans Receivable	76,501	76,154
Residential | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	840	805
Residential | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	89	135
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	161
Installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non Accrual	5	55
Total Past Due and Non Accrual	79	276
Current	12,794	14,091
Total Loans Receivable	12,873	14,367
Installment | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	74	213
Installment | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Non Accrual	0	8
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		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Commercial
Financing Receivable, Impaired [Line Items]
Recorded Balance	$ 94		$ 94		$ 3,148
Unpaid Principal Balance	94		94		3,148
Specific Allowance	3		3		11
Average Investment in Impaired Loans	95	$ 19	159	$ 19
Interest Income Recognized	4	0	9	0
Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Balance	661		661		1,178
Unpaid Principal Balance	661		661		1,286
Specific Allowance	120		120		108
Average Investment in Impaired Loans	1,127	1,976	1,103	1,997
Interest Income Recognized	5	19	22	53
Residential
Financing Receivable, Impaired [Line Items]
Recorded Balance	0		0		326
Unpaid Principal Balance	0		0		326
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	306		306		0
Unpaid Principal Balance	306		306		0
Specific Allowance	0		0		0
Average Investment in Impaired Loans	306	0	313	0
Interest Income Recognized	0	0	3	2
Loans without a specific valuation allowance
Financing Receivable, Impaired [Line Items]
Recorded Balance	550		550		3,959
Unpaid Principal Balance	550		550		4,067
Specific Allowance	0		0		0
Average Investment in Impaired Loans	963	1,238	982	1,247
Interest Income Recognized	3	15	13	32
Loans without a specific valuation allowance | Commercial
Financing Receivable, Impaired [Line Items]
Recorded Balance	64		64		2,975
Unpaid Principal Balance	64		64		2,975
Specific Allowance	0		0		0
Average Investment in Impaired Loans	65	19	62	19
Interest Income Recognized	0	0	2	0
Loans without a specific valuation allowance | Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Balance	180		180		658
Unpaid Principal Balance	180		180		766
Specific Allowance	0		0		0
Average Investment in Impaired Loans	592	1,219	607	1,228
Interest Income Recognized	3	15	8	32
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	306		306		326
Unpaid Principal Balance	306		306		326
Specific Allowance	0		0		0
Average Investment in Impaired Loans	306	0	313	0
Interest Income Recognized	0	0	3	0
Loans with a specific valuation allowance
Financing Receivable, Impaired [Line Items]
Recorded Balance	511		511		693
Unpaid Principal Balance	511		511		693
Specific Allowance	123		123		119
Average Investment in Impaired Loans	565	757	593	769
Interest Income Recognized	6	4	21	23
Loans with a specific valuation allowance | Commercial
Financing Receivable, Impaired [Line Items]
Recorded Balance	30		30		173
Unpaid Principal Balance	30		30		173
Specific Allowance	3		3		11
Average Investment in Impaired Loans	30	0	97	0
Interest Income Recognized	4	0	7	0
Loans with a specific valuation allowance | Commercial real estate
Financing Receivable, Impaired [Line Items]
Recorded Balance	481		481		520
Unpaid Principal Balance	481		481		520
Specific Allowance	120		120		108
Average Investment in Impaired Loans	535	757	496	769
Interest Income Recognized	2	4	14	21
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	$ 2

Troubled Debt Restructuring (De

Troubled Debt Restructuring (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)Contracts	Sep. 30, 2016USD ($)Contractscontracts	Sep. 30, 2017USD ($)Contracts	Sep. 30, 2016USD ($)Contractscontracts
Commercial
Financing Receivable, Modifications [Line Items]
Number of Contracts	2	1	2	1
Pre- Modification Outstanding Recorded Investment	$ 40	$ 17	$ 40	$ 17
Post-Modification Outstanding Recorded Investment	40	17	40	17
Interest Only	0	0	0	0
Term	40	17	40	17
Combination	0	0	0	0
Total Modification	$ 40	$ 17	$ 40	$ 17
Commercial real estate
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contracts	1	1	3	3
Pre- Modification Outstanding Recorded Investment	$ 62	$ 29	$ 189	$ 115
Post-Modification Outstanding Recorded Investment	62	29	165	115
Interest Only	0	0	0	0
Term	62	29	165	115
Combination	0	0	0	0
Total Modification	$ 165	$ 115	$ 165	$ 115
Residential
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contracts	0	0	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Interest Only	0	0	0	0
Term	0	0	0	0
Combination	0	0	0	0
Total Modification	$ 0	$ 0	$ 0	$ 0
Installment
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contracts	0	0	0	0
Pre- Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Consumer
Financing Receivable, Modifications [Line Items]
Interest Only	0	0	0	0
Term	0	0	0	0
Combination	0	0	0	0
Total Modification	$ 0	$ 0	$ 0	$ 0

Pension Expense (Detail)

Pension Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Components of net periodic benefit cost
Service cost	$ 68	$ 78	$ 204	$ 234
Interest cost	50	50	150	150
Expected return on plan assets	(90)	(86)	(270)	(258)
Amortization of prior service cost and net loss	(6)	(2)	(18)	(6)
Pension expense	$ 22	$ 40	$ 66	$ 120

Notional or Contractual Amounts

Notional or Contractual Amounts of Financial Instruments with Off-Balance-Sheet Risk (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
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	$ 23,429	$ 20,942
Commitment to originate loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Asset	11,887	12,349
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	$ 37,567	$ 35,590

Components of Accumulated Other

Components of Accumulated Other Comprehensive Loss Included in Stockholders' Equity (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Other Comprehensive Income (Loss) [Line Items]
Net unrealized loss on securities available-for-sale	$ (120)	$ (483)
Net unrealized loss for funded status of defined benefit plan liability	(205)	(205)
Accumulated other comprehensive income (Loss), before taxes, total	(325)	(688)
Tax effect	111	234
Net-of-tax amount	$ (214)	$ (454)

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	Sep. 30, 2017	Dec. 31, 2016
U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis	$ 39,129	$ 38,514
State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Fair value of asset, recurring basis		1,252
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
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	39,129	38,514
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		1,252
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

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	Sep. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	$ 363	$ 3,435
Foreclosed assets held for sale	174	249
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	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	0
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	363	3,435
Foreclosed assets held for sale	$ 174	$ 249

Quantitative Information About

Quantitative Information About Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Collateral-dependent impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 363	$ 3,435
Valuation Technique	Market comparable properties	Market comparable properties
Unobservable Inputs	Comparability adjustments	Comparability adjustments
Foreclosed assets held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 174	$ 249
Valuation Technique	Market comparable properties	Market comparable properties
Unobservable Inputs	Marketability discount	Marketability discount
Foreclosed assets held for sale | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	15.00%	35.00%
Foreclosed assets held for sale | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	10.00%	10.00%

Estimated Fair Values of Compan

Estimated Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Financial assets
Cash and cash equivalents	$ 23,108	$ 11,541	$ 13,247	$ 12,701
Loans, net of allowance	358,194	354,380
Federal Home Loan Bank stock	4,164	4,164
Accrued interest receivable	913	840
Financial liabilities
Deposits	380,851	338,803
Short term borrowings	16,188	9,393
Federal Home Loan Bank Advances	5,257	39,855
Subordinated debentures	4,124	4,124
Interest payable	66	111
Fair Value, Inputs, Level 1
Financial assets
Cash and cash equivalents	23,108	11,541
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
Loans, net of allowance	0	0
Federal Home Loan Bank stock	4,164	4,164
Accrued interest receivable	913	840
Financial liabilities
Deposits	351,459	312,240
Short term borrowings	16,188	9,393
Federal Home Loan Bank Advances	5,281	40,120
Subordinated debentures	3,435	3,435
Interest payable	66	111
Fair Value, Inputs, Level 3
Financial assets
Cash and cash equivalents	0	0
Loans, net of allowance	361,023	355,753
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 - Additio

Repurchase Agreements - Additional Information (Detail) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Short-term Debt, Total	$ 16,188,000	$ 9,393,000
Repurchase Agreement Borrowings [Member]
Short-term Debt, Total	16,188,000	9,393,000
US Government Corporations and Agencies Securities
Short-term Debt, Total	$ 17,800,000	$ 13,000,000

Repurchase Agreements (Detail)

Repurchase Agreements (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	$ 16,188	$ 9,393
US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	16,188	9,393
Maturity Overnight [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	16,188	9,393
Maturity Overnight [Member] | US Government Corporations and Agencies Securities [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	16,188	9,393
Maturity Less than 30 Days [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0	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	0
Maturity 30 to 90 Days [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0	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	0
Maturity Greater than 90 Days [Member]
Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement, Total	0	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	$ 0