Citizens Financial Services (CZFS) 10-Q 5 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Oct. 26, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	CITIZENS FINANCIAL SERVICES INC
Entity Central Index Key	739,421
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		3,001,071
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015

CONSOLIDATED BALANCE SHEET (UNA

CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Cash and due from banks:
Noninterest-bearing	$ 9,437	$ 10,091
Interest-bearing	877	1,332
Total cash and cash equivalents	10,314	11,423
Interest bearing time deposits with other banks	6,460	5,960
Available-for-sale securities	300,630	306,146
Loans held for sale	1,248	497
Loans (net of allowance for loan losses: 2015, $7,045 and 2014, $6,815)	575,964	547,290
Premises and equipment	12,544	12,357
Accrued interest receivable	3,566	3,644
Goodwill	10,256	10,256
Bank owned life insurance	20,773	20,309
Other assets	12,222	7,166
TOTAL ASSETS	953,977	925,048
Deposits:
Noninterest-bearing	106,957	95,526
Interest-bearing	690,891	678,407
Total deposits	797,848	773,933
Borrowed funds	44,657	41,799
Accrued interest payable	693	756
Other liabilities	6,875	8,032
TOTAL LIABILITIES	850,073	824,520
STOCKHOLDERS' EQUITY:
Preferred Stock $1.00 par value; authorized 3,000,000 shares September 30, 2015 and December 31, 2014; none issued in 2015 or 2014	0	0
Common stock $1.00 par value; authorized 15,000,000 shares; issued 3,335,236 at September 30, 2015 and December 31, 2014;	3,335	3,335
Additional paid-in capital	25,131	25,150
Retained earnings	84,698	79,512
Accumulated other comprehensive income	842	767
Treasury stock, at cost: 334,165 shares at September 30, 2015 and 296,280 shares at December 31, 2014	(10,102)	(8,236)
TOTAL STOCKHOLDERS' EQUITY	103,904	100,528
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 953,977	$ 925,048

CONSOLIDATED BALANCE SHEET (UN3

CONSOLIDATED BALANCE SHEET (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS:
Loans, allowance for loan losses	$ 7,045	$ 6,815
STOCKHOLDERS' EQUITY:
Preferred Stock, par value (in dollars per share)	$ 1	$ 1
Preferred Stock, authorized (in shares)	3,000,000	3,000,000
Preferred Stock, issued (in shares)	0	0
Common Stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, authorized (in shares)	15,000,000	15,000,000
Common Stock, issued (in shares)	3,335,236	3,335,236
Treasury stock, shares (in shares)	334,165	296,280

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
INTEREST INCOME:
Interest and fees on loans	$ 7,248	$ 7,094	$ 21,416	$ 21,200
Interest-bearing deposits with banks	33	25	103	51
Investment securities:
Taxable	798	805	2,317	2,542
Nontaxable	749	844	2,398	2,526
Dividends	35	40	168	159
TOTAL INTEREST INCOME	8,863	8,808	26,402	26,478
INTEREST EXPENSE:
Deposits	1,044	1,092	3,088	3,291
Borrowed funds	174	142	521	451
TOTAL INTEREST EXPENSE	1,218	1,234	3,609	3,742
NET INTEREST INCOME	7,645	7,574	22,793	22,736
Provision for loan losses	120	150	360	480
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	7,525	7,424	22,433	22,256
NON-INTEREST INCOME:
Service charges	1,054	1,098	3,058	3,239
Trust	149	151	523	528
Brokerage and insurance	181	141	563	398
Gains on loans sold	85	40	183	110
Investment securities gains, net	129	242	430	488
Earnings on bank owned life insurance	158	124	464	366
Other	109	128	327	337
TOTAL NON-INTEREST INCOME	1,865	1,924	5,548	5,466
NON-INTEREST EXPENSES:
Salaries and employee benefits	3,069	2,790	9,118	8,600
Occupancy	347	313	1,064	967
Furniture and equipment	108	86	323	280
Professional fees	202	207	614	649
FDIC insurance	116	116	348	345
Pennsylvania shares tax	201	101	602	485
Merger and acquisition	282	187	405	237
ORE expenses	328	106	686	243
Other	1,199	1,161	3,455	3,352
TOTAL NON-INTEREST EXPENSES	5,852	5,067	16,615	15,158
Income before provision for income taxes	3,538	4,281	11,366	12,564
Provision for income taxes	681	913	2,200	2,655
NET INCOME	$ 2,857	$ 3,368	$ 9,166	$ 9,909
PER COMMON SHARE DATA:
Net Income - Basic (in dollars per share)	$ 0.95	$ 1.11	$ 3.04	$ 3.26
Net Income - Diluted (in dollars per share)	0.95	1.11	3.03	3.26
Cash Dividends Paid (in dollars per share)	$ 0.510	$ 1	$ 1.320	$ 1.772
Number of shares used in computation - basic (in shares)	3,011,687	3,035,214	3,019,202	3,038,973
Number of shares used in computation - diluted (in shares)	3,013,151	3,036,700	3,020,670	3,040,400

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) [Abstract]
Net income	$ 2,857	$ 3,368	$ 9,166	$ 9,909
Other comprehensive income (loss):
Change in unrealized gains on available for sale securities	1,094	855	390	4,598
Income tax effect	(372)	(291)	(132)	(1,563)
Change in unrecognized pension cost	51	13	153	38
Income tax effect	(17)	(4)	(52)	(13)
Less: Reclassification adjustment for investment security gains included in net income	(129)	(242)	(430)	(488)
Income tax effect	44	82	146	166
Other comprehensive income, net of tax	671	413	75	2,738
Comprehensive income	$ 3,528	$ 3,781	$ 9,241	$ 12,647

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 9,166	$ 9,909
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	360	480
Depreciation and amortization	370	358
Amortization and accretion of investment securities	1,521	1,632
Deferred income taxes	(39)	562
Investment securities gains, net	(430)	(488)
Earnings on bank owned life insurance	(464)	(366)
Originations of loans held for sale	(13,510)	(8,055)
Proceeds from sales of loans held for sale	12,942	7,690
Realized gains on loans sold	(183)	(110)
Decrease in accrued interest receivable	78	39
Decrease in accrued interest payable	(63)	(142)
Other, net	(842)	(222)
Net cash provided by operating activities	8,906	11,287
Available-for-sale securities:
Proceeds from sales	18,393	17,338
Proceeds from maturity and principal repayments	39,472	39,416
Purchase of securities	(58,667)	(44,769)
Purchase of interest bearing time deposits with other banks	(500)	(3,232)
Proceeds from redemption of regulatory stock	2,150	2,891
Purchase of regulatory stock	(2,097)	(1,895)
Net increase in loans	(29,148)	(4,680)
Purchase of premises and equipment	(633)	(555)
Proceeds from sale of foreclosed assets held for sale	340	647
Net cash (used) provide by investing activities	(30,690)	5,161
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	23,915	19,726
Proceeds from long-term borrowings	5,288	6,815
Repayments of long-term borrowings	(700)	(4,200)
Net increase in short-term borrowed funds	(1,730)	(31,818)
Purchase of treasury and restricted stock	(2,315)	(733)
Dividends paid	(3,783)	(4,998)
Net cash (used) provided by financing activities	20,675	(15,208)
Net (decrease) increase in cash and cash equivalents	(1,109)	1,240
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	11,423	10,083
CASH AND CASH EQUIVALENTS AT END OF PERIOD	10,314	11,323
Supplemental Disclosures of Cash Flow Information:
Interest paid	3,672	3,884
Income taxes paid	2,425	2,085
Loans transferred to foreclosed property	241	867
Premises and equipment transferred from other assets	0	549
Investments sold and not settled	$ 5,187	$ 0

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	Note 1 - Basis of Presentation Citizens Financial Services, Inc. (individually and collectively with its direct and indirect subsidiaries, the “Company”) is a Pennsylvania corporation organized as the holding company of its wholly owned subsidiary, First Citizens Community Bank (the “Bank”), and the Bank’s wholly owned subsidiary, First Citizens Insurance Agency, Inc. (“First Citizens Insurance”). The accompanying consolidated financial statements have been prepared pursuant to rules and regulations of the Securities and Exchange Commission (“SEC”) and in conformity with U.S. generally accepted accounting principles. Because this report is based on an interim period, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. Certain of the prior year amounts have been reclassified to conform with the current year presentation. Such reclassifications had no effect on net income or stockholders’ equity. All material inter-company balances and transactions have been eliminated in consolidation. In the opinion of management of the Company, the accompanying interim financial statements at September 30, 2015 and for the periods ended September 30, 2015 and 2014 include all adjustments, consisting of only normal recurring adjustments, necessary for a fair presentation of the financial condition and the results of operations for the period. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. The financial performance reported for the Company for the nine month period ended September 30, 2015 is not necessarily indicative of the results to be expected for the full year. This information should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2014.

Earnings per Share

Earnings per Share	9 Months Ended
	Sep. 30, 2015
Earnings per Share [Abstract]
Earnings per Share	Note 2 - Earnings per Share The following table sets forth the computation of earnings per share. Earnings per share calculations give retroactive effect to stock dividends declared by the Company. Three months ended Nine months ended September30, September30, 2015 2014 2015 2014 Net income applicable to common stock $2,857,000 $3,368,000 $9,166,000 $9,909,000 Basic earnings per share computation Weighted average common shares outstanding 3,011,687 3,035,214 3,019,202 3,038,973 Earnings per share - basic $0.95 $1.11 $3.04 $3.26 Diluted earnings per share computation Weighted average common shares outstanding for basic earnings per share 3,011,687 3,035,214 3,019,202 3,038,973 Add: Dilutive effects of restricted stock 1,464 1,486 1,468 1,427 Weighted average common shares outstanding for dilutive earnings per share 3,013,151 3,036,700 3,020,670 3,040,400 Earnings per share - diluted $0.95 $1.11 $3.03 $3.26 For the three months ended September 30, 2015 and 2014, there were 2,696 and 1,938 shares, respectively, related to the restricted stock plan that were excluded from the diluted earnings per share calculations since they were anti-dilutive. These anti-dilutive shares had prices ranging from $44.50-$53.15 for the three month period ended September 30, 2015 and prices ranging from $34.70-$50.50 for the three month period ended September 30, 2014. For the nine months ended September 30, 2015 and 2014, 2,696 and 2,913 shares, respectively, related to the restricted stock plan were excluded from the diluted earnings per share calculations since they were anti-dilutive. These anti-dilutive shares had prices ranging from $44.50-$53.15 for the nine month period ended September 30, 2015 and prices ranging from $34.70-$50.50 for the nine month period ended September 30, 2014.

Income Tax Expense

Income Tax Expense	9 Months Ended
	Sep. 30, 2015
Income Tax Expense [Abstract]
Income Tax Expense	Note 3 - Income Tax Expense Income tax expense is less than the amount calculated using the statutory tax rate, primarily as a result of tax-exempt income earned from state and municipal securities and loans and investments in affordable housing tax credits. Investments in Qualified Affordable Housing Projects As of September 30, 2015 and December 31, 2014, the Company was invested in four partnerships that provide affordable housing. The balance of the investments, which is included within other assets in the Consolidated Balance Sheet, was $1,024,000 and $1,218,000 as of September 30, 2015 and December 31, 2014, respectively. Investments purchased prior to January 1, 2015, are accounted for utilizing the effective yield method. As of September 30, 2015, the Company has $1,094,000 of tax credits remaining that will be recognized over seven years. Tax credits of $50,000 and $149,000 were recognized as a reduction of tax expense during the three and nine months ended September 30, 2015, respectively.

Investments

Investments	9 Months Ended
	Sep. 30, 2015
Investments [Abstract]
Investments	Note 4 – Investments The amortized cost, gross unrealized gains and losses, and fair value of investment securities at September 30, 2015 and December 31, 2014 were as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair September 30, 2015 Cost Gains Losses Value Available-for-sale securities: U.S. agency securities $ 163,012 $ 1,113 $ (23) $ 164,102 Obligations of state and political subdivisions 95,374 2,946 (155) 98,165 Corporate obligations 12,643 103 (39) 12,707 Mortgage-backed securities in government sponsored entities 23,635 305 (41) 23,899 Equity securities in financial institutions 1,319 448 (10) 1,757 Total available-for-sale securities $ 295,983 $ 4,915 $ (268) $ 300,630 December 31, 2014 Available-for-sale securities: U.S. agency securities $ 150,847 $ 638 $ (600) $ 150,885 U.S. treasury securities 4,944 - (95) 4,849 Obligations of state and political subdivisions 101,281 3,854 (99) 105,036 Corporate obligations 13,853 190 (85) 13,958 Mortgage-backed securities in government sponsored entities 29,397 368 (37) 29,728 Equity securities in financial institutions 1,137 553 - 1,690 Total available-for-sale securities $ 301,459 $ 5,603 $ (916) $ 306,146 The following table shows the Company’s gross unrealized losses and fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time, which individual securities have been in a continuous unrealized loss position, at September 30, 2015 and December 31, 2014 (in thousands). As of September 30, 2015, the Company owned 46 securities whose fair value was less than their cost basis. September 30, 2015 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. agency securities $ 10,067 $ (16) $ 10,986 $ (7) $ 21,053 $ (23) Obligations of state and political subdivisions 17,133 (104) 4,747 (51) 21,880 (155) Corporate obligations 5,399 (23) 2,167 (16) 7,566 (39) Mortgage-backed securities in government sponsored entities 4,317 (31) 250 (10) 4,567 (41) Equity securities in financial institutions 590 (10) - - 590 (10) Total securities $ 37,506 $ (184) $ 18,150 $ (84) $ 55,656 $ (268) December 31, 2014 U.S. agency securities $ 27,382 $ (110) $ 43,642 $ (490) $ 71,024 $ (600) U.S. treasury securities - - 4,849 (95) 4,849 (95) Obligations of state and political subdivisions 3,596 (19) 8,584 (80) 12,180 (99) Corporate obligations 505 (1) 7,707 (84) 8,212 (85) Mortgage-backed securities in government sponsored entities 5,025 (4) 2,229 (33) 7,254 (37) Total securities $ 36,508 $ (134) $ 67,011 $ (782) $ 103,519 $ (916) As of September 30, 2015, the Company’s investment securities portfolio contained unrealized losses on agency securities issued or backed by the full faith and credit of the United States government or are generally viewed as having the implied guarantee of the U.S. government, obligations of states and political subdivisions, corporate obligations, mortgage backed securities issued by government sponsored entities, and equity securities in financial institutions. For fixed maturity investments management considers whether the present value of cash flows expected to be collected are less than the security’s amortized cost basis (the difference defined as the credit loss), the magnitude and duration of the decline, the reasons underlying the decline and the Company’s intent to sell the security or whether it is more likely than not that the Company would be required to sell the security before its anticipated recovery in market value, to determine whether the loss in value is other than temporary. Once a decline in value is determined to be other than temporary, if the Company does not intend to sell the security, and it is more likely than not that it will not be required to sell the security before recovery of the security’s amortized cost basis, the charge to earnings is limited to the amount of credit loss. Any remaining difference between fair value and amortized cost (the difference defined as the non-credit portion) is recognized in other comprehensive income, net of applicable taxes. Otherwise, the entire difference between fair value and amortized cost is charged to earnings. For equity securities where the fair value has been significantly below cost for one year, the Company’s policy is to recognize an impairment loss unless sufficient evidence is available that the decline is not other than temporary and a recovery period can be predicted. The Company has concluded that any impairment of its investment securities portfolio outlined in the above table is not other than temporary and is the result of interest rate changes, sector credit rating changes, or issuer-specific rating changes that are not expected to result in the non-collection of principal and interest during the period. Proceeds from sales of securities available-for-sale for the nine months ended September 30, 2015 and 2014 were $18,393,000 and $17,338,000, respectively. For the three months ended September 30, 2015 and 2014, sales of available-for-sale securities were $5,187,000 for each period. The gross gains and losses were as follows (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Gross gains $ 129 $ 242 $ 441 $ 488 Gross losses - - (11) - Net gains $ 129 $ 242 $ 430 $ 488 Investment securities with an approximate carrying value of $182.7 million and $186.4 million at September 30, 2015 and December 31, 2014, respectively, were pledged to secure public funds and certain other deposits. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The amortized cost and fair value of debt securities at September 30, 2015, by contractual maturity, are shown below (in thousands): Amortized Cost Fair Value Available-for-sale debt securities: Due in one year or less $ 6,593 $ 6,606 Due after one year through five years 161,984 163,761 Due after five years through ten years 44,998 46,018 Due after ten years 81,089 82,488 Total $ 294,664 $ 298,873

Loans

Loans	9 Months Ended
	Sep. 30, 2015
Loans [Abstract]
Loans	Note 5 – Loans The Company grants loans primarily to customers throughout North Central Pennsylvania and Southern New York. Although the Company had a diversified loan portfolio at September 30, 2015 and December 31, 2014, a substantial portion of its debtors’ ability to honor their contracts is dependent on the economic conditions within these regions. The following table summarizes the primary segments of the loan portfolio and how those segments are analyzed within the allowance for loan losses as of September 30, 2015 and December 31, 2014 (in thousands): September 30, 2015 Total Loans Individually evaluated for impairment Collectively evaluated for impairment Real estate loans: Residential $ 178,280 $ 330 $ 177,950 Commercial and agricultural 233,931 5,583 228,348 Construction 10,159 - 10,159 Consumer 8,473 - 8,473 Other commercial and agricultural loans 64,712 2,237 62,475 State and political subdivision loans 87,454 - 87,454 Total 583,009 $ 8,150 $ 574,859 Allowance for loan losses 7,045 Net loans $ 575,964 December 31, 2014 Real estate loans: Residential $ 185,438 $ 316 $ 185,122 Commercial and agricultural 215,584 6,112 209,472 Construction 6,353 - 6,353 Consumer 8,497 - 8,497 Other commercial and agricultural loans 58,516 2,394 56,122 State and political subdivision loans 79,717 - 79,717 Total 554,105 $ 8,822 $ 545,283 Allowance for loan losses 6,815 Net loans $ 547,290 The segments of the Company’s loan portfolio are disaggregated into classes to a level that allows management to monitor risk and performance. Residential real estate mortgages consist primarily of 15 to 30 year first mortgages on residential real estate, while residential real estate home equity loans are consumer purpose installment loans or lines of credit with terms of 15 years or less secured by a mortgage which is often a second lien on residential real estate. Commercial real estate loans are business purpose loans secured by a mortgage on commercial real estate. Agricultural real estate loans are loans secured by a mortgage on real estate used in agriculture production. Construction real estate loans are loans secured by residential or commercial real estate used during the construction phase of residential and commercial projects. Consumer loans are typically unsecured or primarily secured by assets other than real estate and overdraft lines of credit are typically secured by customer deposit accounts. Other commercial loans are loans for commercial purposes primarily secured by non-real estate collateral. Other agricultural loans are loans for agricultural purposes primarily secured by non-real estate collateral. State and political subdivision loans are loans to state and local municipalities for capital and operating expenses or tax free loans used to finance commercial development. Management considers commercial loans, other agricultural loans, state and political subdivision loans, commercial real estate loans and agricultural real estate loans which are 90 days or more past due to be impaired. Management will also consider a loan impaired based on other factors it becomes aware of, including the customer’s results of operations and cash flows or if the loan is modified in a troubled debt restructuring. In addition, certain residential mortgages, home equity and consumer loans that are cross collateralized with commercial relationships that are determined to be impaired may also be classified as impaired. Impaired loans are analyzed to determine if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. If management determines that the value of the impaired loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), impairment is recognized through an allocation of the allowance for loan losses or a charge-off to the allowance for loan losses. The following table includes the recorded investment and unpaid principal balances for impaired financing receivables by class, with the associated allowance amount, if applicable (in thousands): Recorded Recorded Unpaid Investment Investment Total Principal With No With Recorded Related September 30, 2015 Balance Allowance Allowance Investment Allowance Real estate loans: Mortgages $ 304 $ 119 $ 149 $ 268 $ 27 Home Equity 62 - 62 62 12 Commercial 7,965 5,314 99 5,413 34 Agricultural 170 170 - 170 - Construction - - - - - Consumer - - - - - Other commercial loans 2,238 1,125 999 2,124 123 Other agricultural loans 113 113 - 113 - State and political subdivision loans - - - - - Total $ 10,852 $ 6,841 $ 1,309 $ 8,150 $ 196 December 31, 2014 Real estate loans: Mortgages $ 222 $ 125 $ 66 $ 191 $ 13 Home Equity 130 60 65 125 12 Commercial 8,433 5,708 404 6,112 72 Agricultural - - - - - Construction - - - - - Consumer - - - - - Other commercial loans 2,480 2,346 48 2,394 1 Other agricultural loans - - - - - State and political subdivision loans - - - - - Total $ 11,265 $ 8,239 $ 583 $ 8,822 $ 98 The following tables includes the average balance of impaired financing receivables by class and the income recognized on impaired loans for the three and nine month periods ended September 30, 2015 and 2014(in thousands): For the Nine Months ended September 30, 2015 September 30, 2014 Interest Interest Average Interest Income Average Interest Income Recorded Income Recognized Recorded Income Recognized Investment Recognized Cash Basis Investment Recognized Cash Basis Real estate loans: Mortgages $ 239 $ 8 $ 5 $ 201 $ 7 $ - Home Equity 97 3 - 131 3 - Commercial 5,728 46 - 7,616 66 - Agricultural 19 1 - - - - Construction - - - - - - Consumer - - - 13 - - Other commercial loans 2,488 64 4 1,982 61 - Other agricultural loans 13 1 - - - - State and political subdivision loans - - - - - - Total $ 8,584 $ 123 $ 9 $ 9,943 $ 137 $ - For the Three Months Ended September 30, 2015 September 30, 2014 Interest Interest Average Interest Income Average Interest Income Recorded Income Recognized Recorded Income Recognized Investment Recognized Cash Basis Investment Recognized Cash Basis Real estate loans: Mortgages $ 269 $ 4 $ - $ 197 $ 3 $ - Home Equity 62 1 - 130 1 - Commercial 5,462 14 - 6,770 22 - Agricultural 57 1 - - - - Construction - - - - - - Consumer - - - 10 - - Other commercial loans 2,107 15 1 1,943 15 - Other agricultural loans 38 1 - - - - State and political subdivision loans - - - - - - Total $ 7,995 $ 36 $ 1 $ 9,050 $ 41 $ - Credit Quality Information For commercial real estate, agricultural real estate, construction, other commercial, other agricultural and state and political subdivision loans, management uses a nine grade internal risk rating system to monitor credit quality. The first five categories are considered not criticized and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. The definitions of each rating are defined below: · Pass (Grades 1-5) – These loans are to customers with credit quality ranging from an acceptable to very high quality and are protected by the current net worth and paying capacity of the obligor or by the value of the underlying collateral. · Special Mention (Grade 6) – This loan grade is in accordance with regulatory guidance and includes loans where a potential weakness or risk exists, which could cause a more serious problem if not corrected. · Substandard (Grade 7) – This loan grade is in accordance with regulatory guidance and includes loans that have a well-defined weakness based on objective evidence and be characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. · Doubtful (Grade 8) – This loan grade is in accordance with regulatory guidance and includes loans that have all the weaknesses inherent in a substandard asset. In addition, these weaknesses make collection or liquidation in full highly questionable and improbable, based on existing circumstances. · Loss (Grade 9) – This loan grade is in accordance with regulatory guidance and includes loans that are considered uncollectible, or of such value that continuance as an asset is not warranted. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay the loan as agreed, the Company’s loan rating process includes several layers of internal and external oversight. The Company’s loan officers are responsible for the timely and accurate risk rating of the loans in each of their portfolios at origination and on an ongoing basis under the supervision of management. All commercial and agricultural loans are reviewed annually to ensure the appropriateness of the loan grade. In addition, the Company engages an external consultant on at least an annual basis to 1) review a minimum of 55% of the dollar volume of the commercial loan portfolio on an annual basis, 2) review new loans originated for over $1.0 million in the last year, 3) review a majority of borrowers with commitments greater than or equal to $1.0 million, 4) review selected loan relationships over $750,000 which are over 30 days past due, classified Special Mention, Substandard, Doubtful, or Loss, and 5) such other loans which management or the consultant deems appropriate. The following tables represent credit exposures by internally assigned grades as of September 30, 2015 and December 31, 2014 (in thousands): September 30, 2015 Pass Special Mention Substandard Doubtful Loss Ending Balance Real estate loans: Commercial $ 181,306 $ 3,860 $ 12,575 $ 34 $ - $ 197,775 Agricultural 32,326 3,302 528 - - 36,156 Construction 10,123 36 - - - 10,159 Other commercial loans 46,435 480 5,140 140 - 52,195 Other agricultural loans 11,756 648 113 - - 12,517 State and political subdivision loans 87,454 - - - - 87,454 Total $ 369,400 $ 8,326 $ 18,356 $ 174 $ - $ 396,256 December 31, 2014 Real estate loans: Commercial $ 169,383 $ 8,948 $ 12,614 $ - $ - $ 190,945 Agricultural 19,575 3,394 1,670 - - 24,639 Construction 6,353 - - - - 6,353 Other commercial loans 40,683 4,413 2,355 - - 47,451 Other agricultural loans 9,221 727 1,117 - - 11,065 State and political subdivision loans 79,717 - - - - 79,717 Total $ 324,932 $ 17,482 $ 17,756 $ - $ - $ 360,170 For residential real estate mortgages, home equity and consumer loans, credit quality is monitored based on whether the loan is performing or non-performing, which is typically based on the aging status of the loan and payment activity, unless a specific action, such as bankruptcy, repossession, death or significant delay in payment occurs to raise awareness of a possible credit event. Non-performing loans include those loans that are considered nonaccrual, described in more detail below, and all loans past due 90 or more days and still accruing. The following table presents the recorded investment in those loan classes based on payment activity as of September 30, 2015 and December 31, 2014 (in thousands): September 30, 2015 Performing Non-performing Total Real estate loans: Mortgages $ 117,363 $ 1,032 $ 118,395 Home Equity 59,714 171 59,885 Consumer 8,421 52 8,473 Total $ 185,498 $ 1,255 $ 186,753 December 31, 2014 Performing Non-performing Total Real estate loans: Mortgages $ 121,968 $ 890 $ 122,858 Home Equity 62,296 284 62,580 Consumer 8,444 53 8,497 Total $ 192,708 $ 1,227 $ 193,935 Aging Analysis of Past Due Financing Receivables Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table includes an aging analysis of the recorded investment of past due financing receivables as of September 30, 2015 and December 31, 2014 (in thousands): 90 Days or 30-59 Days 60-89 Days 90 Days Total Past Total Financing Greater and September 30, 2015 Past Due Past Due Or Greater Due Current Receivables Accruing Real estate loans: Mortgages $ 388 $ 133 $ 663 $ 1,184 $ 117,211 $ 118,395 $ 303 Home Equity 521 21 158 700 59,185 59,885 106 Commercial 302 130 4,138 4,570 193,205 197,775 60 Agricultural 38 170 - 208 35,948 36,156 - Construction - - - - 10,159 10,159 - Consumer 41 29 24 94 8,379 8,473 - Other commercial loans 528 30 756 1,314 50,881 52,195 199 Other agricultural loans 30 168 - 198 12,319 12,517 - State and political subdivision loans - - - - 87,454 87,454 - Total $ 1,848 $ 681 $ 5,739 $ 8,268 $ 574,741 $ 583,009 $ 668 Loans considered non-accrual $ 319 $ 204 $ 5,071 $ 5,594 $ 725 $ 6,319 Loans still accruing 1,529 477 668 2,674 574,016 576,690 Total $ 1,848 $ 681 $ 5,739 $ 8,268 $ 574,741 $ 583,009 December 31, 2014 Real estate loans: Mortgages $ 318 $ 230 $ 675 $ 1,223 $ 121,635 $ 122,858 $ 214 Home Equity 442 99 260 801 61,779 62,580 132 Commercial 97 231 1,432 1,760 189,185 190,945 310 Agricultural - - - - 24,639 24,639 - Construction - - - - 6,353 6,353 - Consumer 119 4 7 130 8,367 8,497 6 Other commercial loans 503 258 476 1,237 46,214 47,451 174 Other agricultural loans - - - - 11,065 11,065 - State and political subdivision loans - - - - 79,717 79,717 - Total $ 1,479 $ 822 $ 2,850 $ 5,151 $ 548,954 $ 554,105 $ 836 Loans considered non-accrual $ 48 $ 181 $ 2,014 $ 2,243 $ 4,356 $ 6,599 Loans still accruing 1,431 641 836 2,908 544,598 547,506 Total $ 1,479 $ 822 $ 2,850 $ 5,151 $ 548,954 $ 554,105 Nonaccrual Loans Loans are considered for non-accrual status upon reaching 90 days delinquency, although the Company may be receiving partial payments of interest and partial repayments of principal on such loans or if full payment of principal and interest is not expected. Additionally, if management is made aware of other information including bankruptcy, repossession, death, or legal proceedings, the loan may be placed on non-accrual status. If a loan is 90 days or more past due and is well secured and in the process of collection, it may still be considered accruing. The following table reflects the financing receivables on non-accrual status as of September 30, 2015 and December 31, 2014, respectively. The balances are presented by class of financing receivable (in thousands): September 30, 2015 December 31, 2014 Real estate loans: Mortgages $ 729 $ 676 Home Equity 65 152 Commercial 4,441 5,010 Agricultural - - Construction - - Consumer 52 47 Other commercial loans 1,032 714 Other agricultural loans - - State and political subdivision loans - - $ 6,319 $ 6,599 Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower's financial difficulties, management may grant a concession for other than an insignificant period of time to the borrower that would not otherwise be considered, the related loan is classified as a Troubled Debt Restructuring (TDR). Management strives to identify borrowers in financial difficulty early and work with them to modify more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases where borrowers are granted new terms that provide for a reduction of interest or principal, or both, management measures any impairment on the restructuring by calculating the present value of the revised loan terms and comparing this balance to the Company’s investment in the loan prior to the restructuring. As these loans are individually evaluated, they are excluded from pooled portfolios when calculating the allowance for loan and lease losses and a separate allocation within the allowance for loan and lease losses is provided. Management continually evaluates loans that are considered TDRs, including payment history under the modified loan terms, the borrower’s ability to continue to repay the loan based on continued evaluation of their operating results and cash flows from operations. Based on this evaluation management would no longer consider a loan to be a TDR when the relevant facts support such a conclusion. As of September 30, 2015 and December 31, 2014, included within the allowance for loan losses are reserves of $39,000 and $26,000 respectively, that are associated with loans modified as TDRs. There were no loan modifications that were considered TDRs during the three months ended September 30, 2015 or 2014. Loan modifications that are considered TDRs completed during the nine months ended September 30, 2015 and 2014 were as follows (dollars in thousands): For the Nine Months Ended September 30, 2015 Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Interest Modification Term Modification Interest Modification Term Modification Interest Modification Term Modification Real estate loans: Mortgages 1 1 $ 71 $ 19 $ 71 $ 19 Total 1 1 $ 71 $ 19 $ 71 $ 19 For the Nine Months Ended September 30, 2014 Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Interest Modification Term Modification Interest Modification Term Modification Interest Modification Term Modification Real estate loans: Commercial - 2 $ - $ 153 $ - $ 153 Total - 2 $ - $ 153 $ - $ 153 Recidivism, or the borrower defaulting on its obligation pursuant to a modified loan, results in the loan once again becoming a non-accrual loan. Recidivism occurs at a notably higher rate than do defaults on new origination loans, so modified loans present a higher risk of loss than do new origination loans. The following table presents the recorded investment in loans that were modified as TDRs during each 12-month period prior to the current reporting periods, which begin January 1, 2015 and 2014 (nine month periods) and July 1, 2015 and 2014 (3 month periods), respectively, and that subsequently defaulted during these reporting periods (dollars in thousands): For the Three Months Ended For the Nine Months Ended September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Number of contracts Recorded investment Number of contracts Recorded investment Number of contracts Recorded investment Number of contracts Recorded investment Real estate loans: Commercial - $ - - $ - - $ - 1 $ 483 Total recidivism - $ - - $ - - $ - 1 $ 483 Allowance for Loan Losses The following table segregates the allowance for loan losses (ALLL) into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of September 30, 2015 and December 31, 2014, respectively (in thousands): September 30, 2015 December 31, 2014 Individually evaluated for impairment Collectively evaluated for impairment Total Individually evaluated for impairment Collectively evaluated for impairment Total Real estate loans: Residential $ 39 $ 874 $ 913 $ 25 $ 853 $ 878 Commercial and agricultural 34 3,769 3,803 72 3,798 3,870 Construction - 17 17 - 26 26 Consumer - 91 91 - 84 84 Other commercial and agricultural loans 123 1,322 1,445 1 1,223 1,224 State and political subdivision loans - 586 586 - 545 545 Unallocated - 190 190 - 188 188 Total $ 196 $ 6,849 $ 7,045 $ 98 $ 6,717 $ 6,815 The following tables roll forward the balance of the ALLL by portfolio segment for the three and nine month periods ended September 30, 2015 and 2014, respectively (in thousands): Balance at June 30, 2015 Charge-offs Recoveries Provision Balance at September 30, 2015 Real estate loans: Residential $ 931 $ - $ - $ (18) $ 913 Commercial and agricultural 3,679 - 4 120 3,803 Construction 14 - - 3 17 Consumer 89 (11) 13 - 91 Other commercial and agricultural loans 1,502 (40) - (17) 1,445 State and political subdivision loans 568 - - 18 586 Unallocated 176 - - 14 190 Total $ 6,959 $ (51) $ 17 $ 120 $ 7,045 Balance at December 31, 2014 Charge-offs Recoveries Provision Balance at September 30, 2015 Real estate loans: Residential $ 878 $ (34) $ - $ 69 $ 913 Commercial and agricultural 3,870 (56) 11 (22) 3,803 Construction 26 - - (9) 17 Consumer 84 (35) 25 17 91 Other commercial and agricultural loans 1,224 (41) - 262 1,445 State and political subdivision loans 545 - - 41 586 Unallocated 188 - - 2 190 Total $ 6,815 $ (166) $ 36 $ 360 $ 7,045 Balance at June 30, 2014 Charge-offs Recoveries Provision Balance at September 30, 2014 Real estate loans: Residential $ 879 $ - $ - $ 7 $ 886 Commercial and agricultural 3,809 (11) 4 (99) 3,703 Construction 13 - - 10 23 Consumer 86 (26) 6 20 86 Commercial and other loans 1,151 (58) - 70 1,163 State and political subdivision loans 455 - - (5) 450 Unallocated 358 - - 147 505 Total $ 6,751 $ (95) $ 10 $ 150 $ 6,816 Balance at December 31, 2013 Charge-offs Recoveries Provision Balance at September 30, 2014 Real estate loans: Residential $ 946 $ (45) $ - $ (15) $ 886 Commercial and agricultural 4,558 (486) 9 (378) 3,703 Construction 50 - - (27) 23 Consumer 105 (40) 21 - 86 Commercial and other loans 942 (221) - 442 1,163 State and political subdivision loans 330 - - 120 450 Unallocated 167 - - 338 505 Total $ 7,098 $ (792) $ 30 $ 480 $ 6,816 The Company allocates the ALLL based on the factors described below, which conform to the Company’s loan classification policy and credit quality measurements. In reviewing risk within the Company’s loan portfolio, management has determined there to be several different risk categories within the loan portfolio. The ALLL consists of amounts applicable to: (i) residential real estate loans; (ii) residential real estate home equity loans; (iii) commercial real estate loans; (iv) agricultural real estate loans; (v) real estate construction loans; (vi) other commercial and agricultural loans; (vii) consumer loans; (viii) other agricultural loans and (ix) state and political subdivision loans. Factors considered in this process include general loan terms, collateral, and availability of historical data to support the analysis. Historical loss percentages are calculated and used as the basis for calculating allowance allocations. Certain qualitative factors are evaluated to determine additional inherent risks in the loan portfolio, which are not necessarily reflected in the historical loss percentages. These factors are then added to the historical allocation percentage to get the adjusted factor to be applied to non-classified loans. The following qualitative factors are analyzed: · Level of and trends in delinquencies and impaired/classified loans Change in volume and severity of past due loans Volume of non-accrual loans Volume and severity of classified, adversely or graded loans; · Level of and trends in charge-offs and recoveries; · Trends in volume, terms and nature of the loan portfolio; · Effects of any changes in risk selection and underwriting standards and any other changes in lending and recovery policies, procedures and practices; · Changes in the quality of the Company’s loan review system; · Experience, ability and depth of lending management and other relevant staff; · National, state, regional and local economic trends and business conditions General economic conditions Unemployment rates Inflation rate/ Consumer Price Index Changes in values of underlying collateral for collateral-dependent loans; · Industry conditions including the effects of external factors such as competition, legal, and regulatory requirements on the level of estimated credit losses; and · Existence and effect of any credit concentrations, and changes in the level of such concentrations; and · Any change in the level of board oversight. The Company also maintains an unallocated allowance to account for any factors or conditions that may cause a potential loss but are not specifically addressed in the process described above. The Company analyzes its loan portfolio each quarter to determine the appropriateness of its ALLL. Loans determined to be TDRs are impaired and for purposes of estimating the ALLL must be individually evaluated for impairment. In calculating the impairment, the Company calculates the present value utilizing an analysis of discounted cash flows. If the present value calculated is below the recorded investment of the loan, impairment is recognized by a charge to the provision for loan and lease losses and a credit to the ALLL. We continually review the model utilized in calculating the required ALLL. The following qualitative factors experienced changes during the first nine months of 2015: · The qualitative factor for national, state, regional and local economic trends and business conditions was increased for all loan categories due to an increase in the unemployment rates in the local economy during the first nine months of 2015. · The qualitative factors for changes in levels of and trends in delinquencies and impaired/classified loans were decreased for commercial and agricultural real estate due to the decrease in the amount of loans classified as substandard. While there has been an increase in delinquencies of commercial and agricultural real estate loans, the qualitative factor was not increased. The increase in delinquencies is attributable to one relationship, which is classified as impaired and management does not believe that this delinquency is a reflection of a further decrease in the credit quality of the commercial and agricultural real estate loan portfolio. · The qualitative factors for changes in levels of and trends in delinquencies, impaired/classified loans were increased for other commercial and agricultural loans due to an increase in the amount of loans classified as substandard. · The qualitative factor for levels of and trends in charge-offs and recoveries was decreased for commercial and agricultural real estate and other commercial and agricultural loans due to the decrease in charge-offs compared to the prior year as charge-offs returned to historical norms for the Bank. · The qualitative factor for experience, ability and depth of lending management and other relevant staff was decreased for commercial real estate, agricultural real estate, other commercial and other agricultural loans due to the length of time employees involved throughout the loan process have been in their positions. · The qualitative factor for industry conditions, including the effects of external factors such as competition, legal, and regulatory requirements on the level of estimated credit losses was increased for commercial and agricultural related loans due to the decrease in the price received for product sold and the increase in feed costs that has occurred in 2015, which negatively affected customer earnings. · The qualitative factor for levels of and trends in charge-offs and recoveries was increased for residential real estate loans due to the increase in charge-offs compared to historical norms for the Company. · The qualitative factors for changes in levels of and trends in delinquencies and impaired/classified loans was increased for residential mortgages due to increases in the amount of non-performing loans. The following qualitative factors experienced changes during the three months ended September 30, 2015: · The qualitative factors for changes in levels of and trends in delinquencies and impaired/classified loans were increased for other agricultural loans due to an increase in the amount of classified loans. · The qualitative factor for levels of and trends in charge-offs and recoveries was increased for other commercial loans due to the increase in charge-offs during the quarter. The primary factor that resulted in negative provision for commercial and agricultural loans for the nine month period ended September 30, 2015 was the reduction in the amount of special mention and substandard loans since December 31, 2014. The following qualitative factors experienced changes during the first nine months of 2014: · The qualitative factor for national, state, regional and local economic trends and business conditions was decreased for all loan categories due to a decrease in the unemployment rates in the local and state economy. · The qualitative factors for changes in levels of and trends in delinquencies and impaired/classified loans were decreased for commercial and agricultural real estate due to the decrease in the Company’s classified loans to its lowest level in three years and a decrease in the amount of loans past due. · The qualitative factors for changes in levels of and trends in delinquencies, impaired/classified loans were increased for other commercial loans due to an increase in classified loans during 2014. · The qualitative factor for levels of and trends in charge-offs and recoveries was increased for commercial real estate and other commercial loans due to the increase in charge-offs compared to historical norms for the Bank. · The qualitative factor for experience, ability and depth of lending management and other relevant staff was decreased for all loan categories due to the length of time employees involved throughout the loan process have been in their positions. · The qualitative factor for industry conditions, including the effects of external factors such as competition, legal, and regulatory requirements on the level of estimated credit losses was decreased for agricultural related loans due to the improvement in the agricultural economy during 2014. The following qualitative factors experienced changes during the three months ended September 30, 2014: · The qualitative factor for levels of and trends in charge-offs and recoveries was increased for commercial real estate and other commercial loans due to the increase in charge-offs compared to historical norms for the Bank. · The qualitative factors for changes in levels of and trends in delinquencies, impaired/classified loans were decreased for other commercial loans real estate due to the decrease in the amount of loans past due as of September 30, 2014. · The qualitative factor for industry conditions, including the effects of external factors such as competition, legal, and regulatory requirements on the level of estimated credit losses was decreased for agricultural related loans due to the improvement in the agricultural economy during 2014. The primary factor that resulted in negative provisions for certain portfolio segments for the three and nine month periods in 2014 was due to decreases in the outstanding balances for certain portfolio segments compared to December 31, 2013, a reduction in the amount of substandard loans and the decrease in the qualitative factor associated with the improvement in unemployment rates noted above. Foreclosed Assets Held For Sale Foreclosed assets acquired in settlement of loans are carried at fair value, less estimated costs to sell, and are included in other assets on the Consolidated Balance Sheet. As of September 30, 2015 and December 31, 2014 included with other assets are $1,429,000 and $1,792,000, respectively, of foreclosed assets. As of September 30, 2015, included within the foreclosed assets is $305,000 of consumer residential mortgages that were foreclosed on or received via a deed in lieu transaction prior to the period end. As of September 30, 2015, the Company has initiated formal foreclosure proceedings on $1,256,000 of consumer residential mortgages, which have not yet been transferred into foreclosed assets.

Federal Home Loan Bank Stock

Federal Home Loan Bank Stock	9 Months Ended
	Sep. 30, 2015
Federal Home Loan Bank Stock [Abstract]
Federal Home Loan Bank Stock	Note 6 – Federal Home Loan Bank Stock The Bank is a member of the FHLB of Pittsburgh and, as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. As of September 30, 2015 and December 31, 2014, the Bank’s investment in FHLB stock was $1,708,000 and $1,761,000, respectively. The stock does not have a readily determinable fair value and, as such, is classified as restricted stock, carried at cost and evaluated by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) a significant decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance (c) the impact of legislative and regulatory changes on the customer base of the FHLB and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB’s regulatory capital ratios have improved, liquidity appears adequate, new shares of FHLB stock continue to exchange hands at the $100 par value and the FHLB has repurchased shares of excess capital stock from its members and has paid a quarterly cash dividend.

Repurchase Agreements

Repurchase Agreements	9 Months Ended
	Sep. 30, 2015
Repurchase Agreements [Abstract]
Repurchase Agreements	Note 7 – Repurchase Agreements We utilize securities sold under agreements to repurchase to facilitate the needs of our customers and to facilitate secured short-term funding needs. Securities sold under agreements to repurchase are stated at the amount of cash received in connection with the transaction. We monitor collateral levels on a continuous basis. We may be required to provide additional collateral based on the fair value of the underlying securities. Securities pledged as collateral under repurchase agreements are maintained with our safekeeping agents. The remaining contractual maturity of repurchase agreements in the Consolidated Balance Sheets as of September 30, 2015 and December 31, 2014 is presented in the following tables. Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than September 30, 2015 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 6,112,000 $ - $ - $ 2,070,000 $ - Total carrying value of collateral pledged $ 6,112,000 $ - $ - $ 2,070,000 $ 8,182,000 Total liability recognized for repurchase agreements $ 5,728,000 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than December 31, 2014 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 10,368,000 $ 1,015,000 $ - $ 2,940,000 $ - Total carrying value of collateral pledged $ 10,368,000 $ 1,015,000 $ - $ 2,940,000 $ 14,323,000 Total liability recognized for repurchase agreements $ 5,906,000

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2015
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 8 - Employee Benefit Plans For additional detailed disclosure on the Company's pension and employee benefits plans, please refer to Note 11 of the Company's Consolidated Financial Statements included in the 2014 Annual Report on Form 10-K. Noncontributory Defined Benefit Pension Plan The Bank sponsors a noncontributory defined benefit pension plan (“Pension Plan”) covering substantially all employees and officers that were hired prior to January 1, 2007. The Bank’s funding policy is to make annual contributions, if needed, based upon the funding formula developed by the plan’s actuary. Any employee with a hire date of January 1, 2007 or later is not eligible to participate in the Pension Plan. In lieu of the Pension Plan, employees with a hire date of January 1, 2007 or later are eligible to receive, after meeting certain length of service requirements, an annual discretionary 401(k) plan contribution from the Bank equal to a percentage of an employee’s base compensation. The contribution amount, if any, is placed in a separate account within the 401(k) plan and is subject to a vesting requirement. For employees who are eligible to participate in the Pension Plan, the Pension Plan requires benefits to be paid to eligible employees based primarily upon age and compensation rates during employment. Upon retirement or other termination of employment, employees can elect either an annuity benefit or a lump sum distribution of vested benefits in the Pension Plan. The following sets forth the components of net periodic benefit costs of the Pension Plan for the three and nine months ended September 30, 2015 and 2014, respectively (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Service cost $ 110 $ 77 $ 242 $ 230 Interest cost 128 104 281 311 Expected return on plan assets (243) (197) (533) (590) Net amortization and deferral 65 13 141 38 Net periodic benefit cost $ 60 $ (3) $ 131 $ (11) The Company has contributed $400,000 to the Pension Plan in 2015. Defined Contribution Plan The Company sponsors a voluntary 401(k) savings plan which eligible employees can elect to contribute up to the maximum amount allowable not to exceed the limits of IRS Code Sections 401(k). Under the plan, the Company also makes required contributions on behalf of the eligible employees. The Company’s contributions vest immediately. Contributions by the Company totaled $215,000 and $201,000 for the nine months ended September 30, 2015 and 2014, respectively. For the three months ended September 30, 2015 and 2014, contributions by the Company totaled $60,000 and $55,000, respectively. Directors’ Deferred Compensation Plan The Company’s directors may elect to defer all or portions of their fees until their retirement or termination from service. Amounts deferred under the plan earn interest based upon the highest current rate offered to certificate of deposit customers. Amounts deferred under the plan are not guaranteed and represent a general liability of the Company. At September 30, 2015 and December 31, 2014, an obligation of $952,000 and $969,000, respectively, was included in other liabilities for this plan in the Consolidated Balance Sheet. Amounts included in interest expense on the deferred amounts totaled $5,000 and $4,000 for each of the three months ended September 30, 2015 and 2014. For the nine months ended September 30, 2015 and 2014, amounts included in interest expense on the deferred amounts totaled $17,000 and $15,000, respectively. Restricted Stock Plan The Company maintains a Restricted Stock Plan (the “Plan”) whereby employees and non-employee corporate directors are eligible to receive awards of restricted stock based upon performance related requirements. Awards granted under the Plan are in the form of the Company’s common stock and are subject to certain vesting requirements including continuous employment or service with the Company. A total of 100,000 shares of the Company’s common stock have been authorized under the Plan, which terminates in April 2016. As of September 30, 2015, 60,662 shares remain available to be issued under the Plan. The Plan assists the Company in attracting, retaining and motivating employees to make substantial contributions to the success of the Company and to increase the emphasis on the use of equity as a key component of compensation. The following table details the vesting, awarding and forfeiting of restricted shares during 2015 and 2014: Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Weighted Weighted Weighted Weighted Unvested Average Unvested Average Unvested Average Unvested Average Shares Market Price Shares Market Price Shares Market Price Shares Market Price Outstanding, beginning of period 7,018 $ 50.63 7,187 $ 48.28 6,971 $ 48.55 7,172 $ 42.02 Granted - - - - 3,496 50.02 3,598 52.82 Forfeited (139) 51.49 (7) 37.10 (139) 51.49 (7) 37.10 Vested - - - - (3,449) 45.80 (3,583) 40.30 Outstanding, end of period 6,879 $ 50.61 7,180 $ 48.29 6,879 $ 50.61 7,180 $ 48.29 Compensation cost related to restricted stock is recognized based on the market price of the stock at the grant date over the vesting period. Compensation expense related to restricted stock was $129,000 and $115,000 for the nine months ended September 30, 2015 and 2014, respectively. For the three months ended September 30, 2015 and 2014, compensation expense totaled $44,000 and $42,000, respectively. At September 30, 2015 the total compensation cost related to nonvested awards that has not yet been recognized was $349,000, which is expected to be recognized over the next 2.58 years. Supplemental Executive Retirement Plan The Company maintains a non-qualified supplemental executive retirement plan (“SERP”) for certain executives to compensate those executive participants in the Company’s noncontributory defined benefit pension plan whose benefits are limited by compensation limitations under current tax law. At September 30, 2015 and December 31, 2014, an obligation of $1,304,000 and $1,198,000, respectively, was included in other liabilities for this plan in the Consolidated Balance Sheet. Expenses related to this plan totaled $106,000 and $114,000 for the nine months ended September 30, 2015 and 2014, respectively. For the three months ended September 30, 2015 and 2014, expenses totaled $35,000 and $38,000, respectively.

Accumulated Comprehensive Incom

Accumulated Comprehensive Income	9 Months Ended
	Sep. 30, 2015
Accumulated Comprehensive Income [Abstract]
Accumulated Comprehensive Income	Note 9 – Accumulated Comprehensive Income The following tables present the changes in accumulated other comprehensive income by component net of tax for the three and nine months ended September 30, 2015 and 2014 (in thousands): Three months ended September 30, 2015 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of June 30, 2015 $ 2,430 $ (2,259) $ 171 Other comprehensive income (loss) before reclassifications, net of tax 722 - 722 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (85) 34 (51) Net current period other comprehensive income 637 34 671 Balance as of September 30, 2015 $ 3,067 $ (2,225) $ 842 Nine months ended September 30, 2015 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2014 $ 3,093 $ (2,326) $ 767 Other comprehensive income (loss) before reclassifications, net of tax 258 - 258 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (284) 101 (183) Net current period other comprehensive income (loss) (26) 101 75 Balance as of September 30, 2015 $ 3,067 $ (2,225) $ 842 Three months ended September 30, 2014 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of June 30, 2014 $ 2,201 $ (1,101) $ 1,100 Other comprehensive income (loss) before reclassifications, net of tax 564 - 564 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (160) 9 (151) Net current period other comprehensive income 404 9 413 Balance as of September 30, 2014 $ 2,605 $ (1,092) $ 1,513 Nine months ended September 30, 2014 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2013 $ (108) $ (1,117) $ (1,225) Other comprehensive income (loss) before reclassifications, net of tax 3,035 - 3,035 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (322) 25 (297) Net current period other comprehensive income 2,713 25 2,738 Balance as of September 30, 2014 $ 2,605 $ (1,092) $ 1,513 (a) Amounts in parentheses indicate debits to the Consolidated Balance Sheet The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income for the three and nine months ended September 30, 2015 and 2014 (in thousands): Details about accumulated other comprehensive income (loss) Amount reclassified from accumulated comprehensive income (loss) (a) Affected line item in the income statement where net Income is presented Three Months Ended September 30, 2015 2014 Unrealized gains and losses on available for sale securities $ 129 $ 242 Investment securities gains, net (44) (82) Provision for income taxes $ 85 $ 160 Net of tax Defined benefit pension items $ (51) $ (13) Salaries and employee benefits 17 4 Provision for income taxes $ (34) $ (9) Net of tax Total reclassifications $ 51 $ 151 Nine Months Ended September 30, 2015 2014 Unrealized gains and losses on available for sale securities $ 430 $ 488 Investment securities gains, net (146) (166) Provision for income taxes $ 284 $ 322 Net of tax Defined benefit pension items $ (153) $ (38) Salaries and employee benefits 52 13 Provision for income taxes $ (101) $ (25) Net of tax Total reclassifications $ 183 $ 297 (a) Amounts in parentheses indicate expenses and other amounts indicate income

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 10 – Fair Value Measurements The Company established a hierarchal disclosure framework associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined by this hierarchy are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality, the Company's creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. Our valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Transfers between levels of the fair value hierarchy are recognized on the actual date of the event or circumstances that caused the transfer, which generally coincides with the Company’s monthly and/or quarterly valuation process. Financial Instruments Recorded at Fair Value on a Recurring Basis The fair values of securities available for sale are determined by quoted prices in active markets, when available, and classified as Level I. If quoted market prices are not available, the fair value is determined by a matrix pricing, which is a mathematical technique, widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities and classified as Level II. The fair values consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. The following tables present the assets and liabilities reported on the Consolidated Balance Sheet at their fair value on a recurring basis as of September 30, 2015 and December 31, 2014 by level within the fair value hierarchy (in thousands). Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. September 30, 2015 Level I Level II Level III Total Assets Securities available for sale: U.S. Agency securities $ - $ 164,102 $ - $ 164,102 Obligations of state and political subdivisions - 98,165 - 98,165 Corporate obligations - 12,707 - 12,707 Mortgage-backed securities in government sponsored entities - 23,899 - 23,899 Equity securities in financial institutions 1,757 - - 1,757 December 31, 2014 Level I Level II Level III Total Securities available for sale: U.S. agency securities $ - $ 150,885 $ - $ 150,885 U.S. treasuries securities - 4,849 - 4,849 Obligations of state and political subdivisions - 105,036 - 105,036 Corporate obligations - 13,958 - 13,958 Mortgage-backed securities in government sponsored entities - 29,728 - 29,728 Equity securities in financial institutions 1,690 - - 1,690 Financial Instruments, Non-Financial Assets and Non-Financial Liabilities Recorded at Fair Value on a Nonrecurring Basis The Company may be required, from time to time, to measure certain financial assets, financial liabilities, non-financial assets and non-financial liabilities at fair value on a nonrecurring basis in accordance with U.S. generally accepted accounting principles. These include assets that are measured at the lower of cost or market value that were recognized at fair value below cost at the end of the period. Certain non-financial assets measured at fair value on a non-recurring basis include foreclosed assets (upon initial recognition or subsequent impairment). Non-financial assets measured at fair value on a non-recurring basis during 2015 and 2014 include certain foreclosed assets which, upon initial recognition, were remeasured and reported at fair value through a charge-off to the allowance for possible loan losses and certain foreclosed assets which, subsequent to their initial recognition, were remeasured at fair value through a write-down included in other non-interest expense. · Impaired Loans - · Other Real Estate owned – September 30, 2015 Level I Level II Level III Total Impaired Loans $ - $ - $ 7,954 $ 7,954 Other real estate owned - - 1,429 1,429 December 31, 2014 Impaired Loans $ - $ - $ 8,724 $ 8,724 Other real estate owned - - 1,792 1,792 The following table provides a listing of the significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques (dollars in thousands). September 30, 2015 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Impaired Loans $ 206 Discounted Cash Flows Discount in interest rates 0-5.5% 3.19% 7,748 Appraised Collateral Values Discount for time since appraisal 0-30% 16.66% Selling costs 5%-10% 13.25% Holding period 0 - 18 months 12 months Other real estate owned 1,429 Appraised Collateral Values Discount for time since appraisal 0-20% 20% Selling costs 4%-10% 9% Holding period 0 - 18 months 12 months December 31, 2014 Fair Value Valuation Technique(s) Unobservable input Range Impaired Loans $ 230 Discounted Cash Flows Discount in interest rates 0-5.5% 1.99% 8,494 Appraised Collateral Values Discount for time since appraisal 0-30% 22.00% Selling costs 4%-10% 8.55% Holding period 0 - 18 months 15 months Other real estate owned 1,792 Appraised Collateral Values Discount for time since appraisal 0-20% 20% Selling costs 4%-10% 9% Holding period 0 - 18 months 12 months The fair values of the Company’s financial instruments are as follows (in thousands): Carrying September 30, 2015 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 10,314 $ 10,314 $ 10,314 $ - $ - Interest bearing time deposits with other banks 6,460 6,465 - - 6,465 Available-for-sale securities 300,630 300,630 1,757 298,873 Loans held for sale 1,248 1,248 1,248 Net loans 575,964 605,361 - - 605,361 Bank owned life insurance 20,773 20,773 20,773 - - Regulatory stock 1,983 1,983 1,983 - - Accrued interest receivable 3,566 3,566 3,566 - - Financial liabilities: Deposits $ 797,848 $ 799,026 $ 550,646 $ - $ 248,380 Borrowed funds 44,657 41,978 12,882 - 29,096 Accrued interest payable 693 693 693 - - Carrying December 31, 2014 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 11,423 $ 11,423 $ 11,423 $ - $ - Interest bearing time deposits with other banks 5,960 5,969 - - 5,969 Available-for-sale securities 306,146 306,146 1,690 304,456 - Loans held for sale 497 497 497 Net loans 547,290 564,944 - - 564,944 Bank owned life insurance 20,309 20,309 20,309 - - Regulatory stock 2,035 2,035 2,035 - - Accrued interest receivable 3,644 3,644 3,644 - - Financial liabilities: Deposits $ 773,933 $ 774,387 $ 525,166 $ - $ 249,221 Borrowed funds 41,799 38,219 16,593 - 21,626 Accrued interest payable 756 756 756 - - Fair value is determined based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions can significantly affect the estimates. Fair values have been determined by the Company using historical data, as generally provided in the Company’s regulatory reports, and an estimation methodology suitable for each category of financial instruments. The Company’s fair value estimates, methods and assumptions are set forth below for the Company’s other financial instruments. Cash and Cash Equivalents: The carrying amounts for cash and cash equivalents approximate fair value because they have original maturities of 90 days or less and do not present unanticipated credit concerns. Accrued Interest Receivable and Payable: The carrying amounts for accrued interest receivable and payable approximate fair value because they are generally received or paid in 90 days or less and do not present unanticipated credit concerns. Interest bearing time deposits with other banks: The fair value of interest bearing time deposits with other banks is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Available-For-Sale Securities: The fair values of securities available for sale are determined by quoted prices in active markets, when available, and classified as Level I. If quoted market prices are not available, the fair value is determined by a matrix pricing, which is a mathematical technique, widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities and classified as Level II. The fair values consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. Loans held for sale: The carrying amount for loans held for sale approximates fair value as the loans are only held for less than a week from origination. Loans: Fair values are estimated for portfolios of loans with similar financial characteristics. The fair value of performing loans has been estimated by discounting expected future cash flows. The discount rate used in these calculations is derived from the Treasury yield curve adjusted for credit quality, operating expense and prepayment option price, and is calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risk inherent in the loan. The estimate of maturity is based on the Company’s historical experience with repayments for each loan classification, modified as required by an estimate of the effect of current economic and lending conditions. Bank Owned Life Insurance: The carrying value of bank owned life insurance approximates fair value based on applicable redemption provisions. Regulatory Stock: The carrying value of regulatory stock approximates fair value based on applicable redemption provisions. Deposits: The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, savings and NOW accounts, and money market accounts, is equal to the amount payable on demand. The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. The deposits’ fair value estimates do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market, commonly referred to as the core deposit intangible. Borrowed Funds: Rates available to the Company for borrowed funds with similar terms and remaining maturities are used to estimate the fair value of borrowed funds.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 11 – Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements -Going Concern (Subtopic In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) In April 2015, the FASB issued ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30) In May 2015, the FASB issued ASU 2015-08 , Business Combinations - Pushdown Accounting - Amendment to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115 In June 2015, the FASB issued ASU 2015-10, Technical Corrections and Improvements In August 2015, the FASB issued ASU 2015-14, Revenue from Contract with Customers In August 2015, the FASB issued ASU 2015-15, Interest-Imputation of Interest (Subtopic 835-30) Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805).

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings per Share [Abstract]
Computation of earnings per share	The following table sets forth the computation of earnings per share. Earnings per share calculations give retroactive effect to stock dividends declared by the Company. Three months ended Nine months ended September30, September30, 2015 2014 2015 2014 Net income applicable to common stock $2,857,000 $3,368,000 $9,166,000 $9,909,000 Basic earnings per share computation Weighted average common shares outstanding 3,011,687 3,035,214 3,019,202 3,038,973 Earnings per share - basic $0.95 $1.11 $3.04 $3.26 Diluted earnings per share computation Weighted average common shares outstanding for basic earnings per share 3,011,687 3,035,214 3,019,202 3,038,973 Add: Dilutive effects of restricted stock 1,464 1,486 1,468 1,427 Weighted average common shares outstanding for dilutive earnings per share 3,013,151 3,036,700 3,020,670 3,040,400 Earnings per share - diluted $0.95 $1.11 $3.03 $3.26

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2015
Investments [Abstract]
Summary of amortized cost, gross unrealized gains and losses, and fair value of investment securities	The amortized cost, gross unrealized gains and losses, and fair value of investment securities at September 30, 2015 and December 31, 2014 were as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair September 30, 2015 Cost Gains Losses Value Available-for-sale securities: U.S. agency securities $ 163,012 $ 1,113 $ (23) $ 164,102 Obligations of state and political subdivisions 95,374 2,946 (155) 98,165 Corporate obligations 12,643 103 (39) 12,707 Mortgage-backed securities in government sponsored entities 23,635 305 (41) 23,899 Equity securities in financial institutions 1,319 448 (10) 1,757 Total available-for-sale securities $ 295,983 $ 4,915 $ (268) $ 300,630 December 31, 2014 Available-for-sale securities: U.S. agency securities $ 150,847 $ 638 $ (600) $ 150,885 U.S. treasury securities 4,944 - (95) 4,849 Obligations of state and political subdivisions 101,281 3,854 (99) 105,036 Corporate obligations 13,853 190 (85) 13,958 Mortgage-backed securities in government sponsored entities 29,397 368 (37) 29,728 Equity securities in financial institutions 1,137 553 - 1,690 Total available-for-sale securities $ 301,459 $ 5,603 $ (916) $ 306,146
Unrealized losses and fair value of investments	The following table shows the Company’s gross unrealized losses and fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time, which individual securities have been in a continuous unrealized loss position, at September 30, 2015 and December 31, 2014 (in thousands). As of September 30, 2015, the Company owned 46 securities whose fair value was less than their cost basis. September 30, 2015 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. agency securities $ 10,067 $ (16) $ 10,986 $ (7) $ 21,053 $ (23) Obligations of state and political subdivisions 17,133 (104) 4,747 (51) 21,880 (155) Corporate obligations 5,399 (23) 2,167 (16) 7,566 (39) Mortgage-backed securities in government sponsored entities 4,317 (31) 250 (10) 4,567 (41) Equity securities in financial institutions 590 (10) - - 590 (10) Total securities $ 37,506 $ (184) $ 18,150 $ (84) $ 55,656 $ (268) December 31, 2014 U.S. agency securities $ 27,382 $ (110) $ 43,642 $ (490) $ 71,024 $ (600) U.S. treasury securities - - 4,849 (95) 4,849 (95) Obligations of state and political subdivisions 3,596 (19) 8,584 (80) 12,180 (99) Corporate obligations 505 (1) 7,707 (84) 8,212 (85) Mortgage-backed securities in government sponsored entities 5,025 (4) 2,229 (33) 7,254 (37) Total securities $ 36,508 $ (134) $ 67,011 $ (782) $ 103,519 $ (916)
Gross gains and losses on available-for-sale securities	The gross gains and losses were as follows (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Gross gains $ 129 $ 242 $ 441 $ 488 Gross losses - - (11) - Net gains $ 129 $ 242 $ 430 $ 488
Summary of amortized cost and fair value of debt securities by contractual maturity	The amortized cost and fair value of debt securities at September 30, 2015, by contractual maturity, are shown below (in thousands): Amortized Cost Fair Value Available-for-sale debt securities: Due in one year or less $ 6,593 $ 6,606 Due after one year through five years 161,984 163,761 Due after five years through ten years 44,998 46,018 Due after ten years 81,089 82,488 Total $ 294,664 $ 298,873

Loans (Tables)

Loans (Tables)	9 Months Ended
	Sep. 30, 2015
Loans [Abstract]
Summary of loan portfolio and allowance for loan losses	The following table summarizes the primary segments of the loan portfolio and how those segments are analyzed within the allowance for loan losses as of September 30, 2015 and December 31, 2014 (in thousands): September 30, 2015 Total Loans Individually evaluated for impairment Collectively evaluated for impairment Real estate loans: Residential $ 178,280 $ 330 $ 177,950 Commercial and agricultural 233,931 5,583 228,348 Construction 10,159 - 10,159 Consumer 8,473 - 8,473 Other commercial and agricultural loans 64,712 2,237 62,475 State and political subdivision loans 87,454 - 87,454 Total 583,009 $ 8,150 $ 574,859 Allowance for loan losses 7,045 Net loans $ 575,964 December 31, 2014 Real estate loans: Residential $ 185,438 $ 316 $ 185,122 Commercial and agricultural 215,584 6,112 209,472 Construction 6,353 - 6,353 Consumer 8,497 - 8,497 Other commercial and agricultural loans 58,516 2,394 56,122 State and political subdivision loans 79,717 - 79,717 Total 554,105 $ 8,822 $ 545,283 Allowance for loan losses 6,815 Net loans $ 547,290
Impaired financing receivables with associated allowance amount	The following table includes the recorded investment and unpaid principal balances for impaired financing receivables by class, with the associated allowance amount, if applicable (in thousands): Recorded Recorded Unpaid Investment Investment Total Principal With No With Recorded Related September 30, 2015 Balance Allowance Allowance Investment Allowance Real estate loans: Mortgages $ 304 $ 119 $ 149 $ 268 $ 27 Home Equity 62 - 62 62 12 Commercial 7,965 5,314 99 5,413 34 Agricultural 170 170 - 170 - Construction - - - - - Consumer - - - - - Other commercial loans 2,238 1,125 999 2,124 123 Other agricultural loans 113 113 - 113 - State and political subdivision loans - - - - - Total $ 10,852 $ 6,841 $ 1,309 $ 8,150 $ 196 December 31, 2014 Real estate loans: Mortgages $ 222 $ 125 $ 66 $ 191 $ 13 Home Equity 130 60 65 125 12 Commercial 8,433 5,708 404 6,112 72 Agricultural - - - - - Construction - - - - - Consumer - - - - - Other commercial loans 2,480 2,346 48 2,394 1 Other agricultural loans - - - - - State and political subdivision loans - - - - - Total $ 11,265 $ 8,239 $ 583 $ 8,822 $ 98 The following tables includes the average balance of impaired financing receivables by class and the income recognized on impaired loans for the three and nine month periods ended September 30, 2015 and 2014(in thousands): For the Nine Months ended September 30, 2015 September 30, 2014 Interest Interest Average Interest Income Average Interest Income Recorded Income Recognized Recorded Income Recognized Investment Recognized Cash Basis Investment Recognized Cash Basis Real estate loans: Mortgages $ 239 $ 8 $ 5 $ 201 $ 7 $ - Home Equity 97 3 - 131 3 - Commercial 5,728 46 - 7,616 66 - Agricultural 19 1 - - - - Construction - - - - - - Consumer - - - 13 - - Other commercial loans 2,488 64 4 1,982 61 - Other agricultural loans 13 1 - - - - State and political subdivision loans - - - - - - Total $ 8,584 $ 123 $ 9 $ 9,943 $ 137 $ - For the Three Months Ended September 30, 2015 September 30, 2014 Interest Interest Average Interest Income Average Interest Income Recorded Income Recognized Recorded Income Recognized Investment Recognized Cash Basis Investment Recognized Cash Basis Real estate loans: Mortgages $ 269 $ 4 $ - $ 197 $ 3 $ - Home Equity 62 1 - 130 1 - Commercial 5,462 14 - 6,770 22 - Agricultural 57 1 - - - - Construction - - - - - - Consumer - - - 10 - - Other commercial loans 2,107 15 1 1,943 15 - Other agricultural loans 38 1 - - - - State and political subdivision loans - - - - - - Total $ 7,995 $ 36 $ 1 $ 9,050 $ 41 $ -
Summary of financing receivable credit exposures by internally assigned grades	The following tables represent credit exposures by internally assigned grades as of September 30, 2015 and December 31, 2014 (in thousands): September 30, 2015 Pass Special Mention Substandard Doubtful Loss Ending Balance Real estate loans: Commercial $ 181,306 $ 3,860 $ 12,575 $ 34 $ - $ 197,775 Agricultural 32,326 3,302 528 - - 36,156 Construction 10,123 36 - - - 10,159 Other commercial loans 46,435 480 5,140 140 - 52,195 Other agricultural loans 11,756 648 113 - - 12,517 State and political subdivision loans 87,454 - - - - 87,454 Total $ 369,400 $ 8,326 $ 18,356 $ 174 $ - $ 396,256 December 31, 2014 Real estate loans: Commercial $ 169,383 $ 8,948 $ 12,614 $ - $ - $ 190,945 Agricultural 19,575 3,394 1,670 - - 24,639 Construction 6,353 - - - - 6,353 Other commercial loans 40,683 4,413 2,355 - - 47,451 Other agricultural loans 9,221 727 1,117 - - 11,065 State and political subdivision loans 79,717 - - - - 79,717 Total $ 324,932 $ 17,482 $ 17,756 $ - $ - $ 360,170 The following table presents the recorded investment in those loan classes based on payment activity as of September 30, 2015 and December 31, 2014 (in thousands): September 30, 2015 Performing Non-performing Total Real estate loans: Mortgages $ 117,363 $ 1,032 $ 118,395 Home Equity 59,714 171 59,885 Consumer 8,421 52 8,473 Total $ 185,498 $ 1,255 $ 186,753 December 31, 2014 Performing Non-performing Total Real estate loans: Mortgages $ 121,968 $ 890 $ 122,858 Home Equity 62,296 284 62,580 Consumer 8,444 53 8,497 Total $ 192,708 $ 1,227 $ 193,935
Aging analysis of past due financing receivables	The following table includes an aging analysis of the recorded investment of past due financing receivables as of September 30, 2015 and December 31, 2014 (in thousands): 90 Days or 30-59 Days 60-89 Days 90 Days Total Past Total Financing Greater and September 30, 2015 Past Due Past Due Or Greater Due Current Receivables Accruing Real estate loans: Mortgages $ 388 $ 133 $ 663 $ 1,184 $ 117,211 $ 118,395 $ 303 Home Equity 521 21 158 700 59,185 59,885 106 Commercial 302 130 4,138 4,570 193,205 197,775 60 Agricultural 38 170 - 208 35,948 36,156 - Construction - - - - 10,159 10,159 - Consumer 41 29 24 94 8,379 8,473 - Other commercial loans 528 30 756 1,314 50,881 52,195 199 Other agricultural loans 30 168 - 198 12,319 12,517 - State and political subdivision loans - - - - 87,454 87,454 - Total $ 1,848 $ 681 $ 5,739 $ 8,268 $ 574,741 $ 583,009 $ 668 Loans considered non-accrual $ 319 $ 204 $ 5,071 $ 5,594 $ 725 $ 6,319 Loans still accruing 1,529 477 668 2,674 574,016 576,690 Total $ 1,848 $ 681 $ 5,739 $ 8,268 $ 574,741 $ 583,009 December 31, 2014 Real estate loans: Mortgages $ 318 $ 230 $ 675 $ 1,223 $ 121,635 $ 122,858 $ 214 Home Equity 442 99 260 801 61,779 62,580 132 Commercial 97 231 1,432 1,760 189,185 190,945 310 Agricultural - - - - 24,639 24,639 - Construction - - - - 6,353 6,353 - Consumer 119 4 7 130 8,367 8,497 6 Other commercial loans 503 258 476 1,237 46,214 47,451 174 Other agricultural loans - - - - 11,065 11,065 - State and political subdivision loans - - - - 79,717 79,717 - Total $ 1,479 $ 822 $ 2,850 $ 5,151 $ 548,954 $ 554,105 $ 836 Loans considered non-accrual $ 48 $ 181 $ 2,014 $ 2,243 $ 4,356 $ 6,599 Loans still accruing 1,431 641 836 2,908 544,598 547,506 Total $ 1,479 $ 822 $ 2,850 $ 5,151 $ 548,954 $ 554,105
Summary of financing receivables on nonaccrual status	The following table reflects the financing receivables on non-accrual status as of September 30, 2015 and December 31, 2014, respectively. The balances are presented by class of financing receivable (in thousands): September 30, 2015 December 31, 2014 Real estate loans: Mortgages $ 729 $ 676 Home Equity 65 152 Commercial 4,441 5,010 Agricultural - - Construction - - Consumer 52 47 Other commercial loans 1,032 714 Other agricultural loans - - State and political subdivision loans - - $ 6,319 $ 6,599
Summary of troubled debt restructurings on financing receivables	Loan modifications that are considered TDRs completed during the nine months ended September 30, 2015 and 2014 were as follows (dollars in thousands): For the Nine Months Ended September 30, 2015 Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Interest Modification Term Modification Interest Modification Term Modification Interest Modification Term Modification Real estate loans: Mortgages 1 1 $ 71 $ 19 $ 71 $ 19 Total 1 1 $ 71 $ 19 $ 71 $ 19 For the Nine Months Ended September 30, 2014 Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Interest Modification Term Modification Interest Modification Term Modification Interest Modification Term Modification Real estate loans: Commercial - 2 $ - $ 153 $ - $ 153 Total - 2 $ - $ 153 $ - $ 153 The following table presents the recorded investment in loans that were modified as TDRs during each 12-month period prior to the current reporting periods, which begin January 1, 2015 and 2014 (nine month periods) and July 1, 2015 and 2014 (3 month periods), respectively, and that subsequently defaulted during these reporting periods (dollars in thousands): For the Three Months Ended For the Nine Months Ended September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Number of contracts Recorded investment Number of contracts Recorded investment Number of contracts Recorded investment Number of contracts Recorded investment Real estate loans: Commercial - $ - - $ - - $ - 1 $ 483 Total recidivism - $ - - $ - - $ - 1 $ 483
Allowance for loan losses by impairment method	The following table segregates the allowance for loan losses (ALLL) into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of September 30, 2015 and December 31, 2014, respectively (in thousands): September 30, 2015 December 31, 2014 Individually evaluated for impairment Collectively evaluated for impairment Total Individually evaluated for impairment Collectively evaluated for impairment Total Real estate loans: Residential $ 39 $ 874 $ 913 $ 25 $ 853 $ 878 Commercial and agricultural 34 3,769 3,803 72 3,798 3,870 Construction - 17 17 - 26 26 Consumer - 91 91 - 84 84 Other commercial and agricultural loans 123 1,322 1,445 1 1,223 1,224 State and political subdivision loans - 586 586 - 545 545 Unallocated - 190 190 - 188 188 Total $ 196 $ 6,849 $ 7,045 $ 98 $ 6,717 $ 6,815
Roll forward of allowance for loan losses by portfolio segment	The following tables roll forward the balance of the ALLL by portfolio segment for the three and nine month periods ended September 30, 2015 and 2014, respectively (in thousands): Balance at June 30, 2015 Charge-offs Recoveries Provision Balance at September 30, 2015 Real estate loans: Residential $ 931 $ - $ - $ (18) $ 913 Commercial and agricultural 3,679 - 4 120 3,803 Construction 14 - - 3 17 Consumer 89 (11) 13 - 91 Other commercial and agricultural loans 1,502 (40) - (17) 1,445 State and political subdivision loans 568 - - 18 586 Unallocated 176 - - 14 190 Total $ 6,959 $ (51) $ 17 $ 120 $ 7,045 Balance at December 31, 2014 Charge-offs Recoveries Provision Balance at September 30, 2015 Real estate loans: Residential $ 878 $ (34) $ - $ 69 $ 913 Commercial and agricultural 3,870 (56) 11 (22) 3,803 Construction 26 - - (9) 17 Consumer 84 (35) 25 17 91 Other commercial and agricultural loans 1,224 (41) - 262 1,445 State and political subdivision loans 545 - - 41 586 Unallocated 188 - - 2 190 Total $ 6,815 $ (166) $ 36 $ 360 $ 7,045 Balance at June 30, 2014 Charge-offs Recoveries Provision Balance at September 30, 2014 Real estate loans: Residential $ 879 $ - $ - $ 7 $ 886 Commercial and agricultural 3,809 (11) 4 (99) 3,703 Construction 13 - - 10 23 Consumer 86 (26) 6 20 86 Commercial and other loans 1,151 (58) - 70 1,163 State and political subdivision loans 455 - - (5) 450 Unallocated 358 - - 147 505 Total $ 6,751 $ (95) $ 10 $ 150 $ 6,816 Balance at December 31, 2013 Charge-offs Recoveries Provision Balance at September 30, 2014 Real estate loans: Residential $ 946 $ (45) $ - $ (15) $ 886 Commercial and agricultural 4,558 (486) 9 (378) 3,703 Construction 50 - - (27) 23 Consumer 105 (40) 21 - 86 Commercial and other loans 942 (221) - 442 1,163 State and political subdivision loans 330 - - 120 450 Unallocated 167 - - 338 505 Total $ 7,098 $ (792) $ 30 $ 480 $ 6,816

Repurchase Agreements (Tables)

Repurchase Agreements (Tables)	9 Months Ended
	Sep. 30, 2015
Repurchase Agreements [Abstract]
Remaining contractual maturity of repurchase agreements	The remaining contractual maturity of repurchase agreements in the Consolidated Balance Sheets as of September 30, 2015 and December 31, 2014 is presented in the following tables. Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than September 30, 2015 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 6,112,000 $ - $ - $ 2,070,000 $ - Total carrying value of collateral pledged $ 6,112,000 $ - $ - $ 2,070,000 $ 8,182,000 Total liability recognized for repurchase agreements $ 5,728,000 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than December 31, 2014 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 10,368,000 $ 1,015,000 $ - $ 2,940,000 $ - Total carrying value of collateral pledged $ 10,368,000 $ 1,015,000 $ - $ 2,940,000 $ 14,323,000 Total liability recognized for repurchase agreements $ 5,906,000

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Employee Benefit Plans [Abstract]
Components of net periodic benefit costs	The following sets forth the components of net periodic benefit costs of the Pension Plan for the three and nine months ended September 30, 2015 and 2014, respectively (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Service cost $ 110 $ 77 $ 242 $ 230 Interest cost 128 104 281 311 Expected return on plan assets (243) (197) (533) (590) Net amortization and deferral 65 13 141 38 Net periodic benefit cost $ 60 $ (3) $ 131 $ (11)
Schedule of restricted stock activity	The following table details the vesting, awarding and forfeiting of restricted shares during 2015 and 2014: Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Weighted Weighted Weighted Weighted Unvested Average Unvested Average Unvested Average Unvested Average Shares Market Price Shares Market Price Shares Market Price Shares Market Price Outstanding, beginning of period 7,018 $ 50.63 7,187 $ 48.28 6,971 $ 48.55 7,172 $ 42.02 Granted - - - - 3,496 50.02 3,598 52.82 Forfeited (139) 51.49 (7) 37.10 (139) 51.49 (7) 37.10 Vested - - - - (3,449) 45.80 (3,583) 40.30 Outstanding, end of period 6,879 $ 50.61 7,180 $ 48.29 6,879 $ 50.61 7,180 $ 48.29

Accumulated Comprehensive Inc23

Accumulated Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2015
Accumulated Comprehensive Income [Abstract]
Schedule of changes in accumulated other comprehensive income by component net of tax	The following tables present the changes in accumulated other comprehensive income by component net of tax for the three and nine months ended September 30, 2015 and 2014 (in thousands): Three months ended September 30, 2015 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of June 30, 2015 $ 2,430 $ (2,259) $ 171 Other comprehensive income (loss) before reclassifications, net of tax 722 - 722 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (85) 34 (51) Net current period other comprehensive income 637 34 671 Balance as of September 30, 2015 $ 3,067 $ (2,225) $ 842 Nine months ended September 30, 2015 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2014 $ 3,093 $ (2,326) $ 767 Other comprehensive income (loss) before reclassifications, net of tax 258 - 258 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (284) 101 (183) Net current period other comprehensive income (loss) (26) 101 75 Balance as of September 30, 2015 $ 3,067 $ (2,225) $ 842 Three months ended September 30, 2014 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of June 30, 2014 $ 2,201 $ (1,101) $ 1,100 Other comprehensive income (loss) before reclassifications, net of tax 564 - 564 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (160) 9 (151) Net current period other comprehensive income 404 9 413 Balance as of September 30, 2014 $ 2,605 $ (1,092) $ 1,513 Nine months ended September 30, 2014 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2013 $ (108) $ (1,117) $ (1,225) Other comprehensive income (loss) before reclassifications, net of tax 3,035 - 3,035 Amounts reclassified from accumulated other comprehensive income (loss), net of tax (322) 25 (297) Net current period other comprehensive income 2,713 25 2,738 Balance as of September 30, 2014 $ 2,605 $ (1,092) $ 1,513 (a) Amounts in parentheses indicate debits to the Consolidated Balance Sheet
Schedule of the significant amounts reclassified out of each component of accumulated other comprehensive income	The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive income for the three and nine months ended September 30, 2015 and 2014 (in thousands): Details about accumulated other comprehensive income (loss) Amount reclassified from accumulated comprehensive income (loss) (a) Affected line item in the income statement where net Income is presented Three Months Ended September 30, 2015 2014 Unrealized gains and losses on available for sale securities $ 129 $ 242 Investment securities gains, net (44) (82) Provision for income taxes $ 85 $ 160 Net of tax Defined benefit pension items $ (51) $ (13) Salaries and employee benefits 17 4 Provision for income taxes $ (34) $ (9) Net of tax Total reclassifications $ 51 $ 151 Nine Months Ended September 30, 2015 2014 Unrealized gains and losses on available for sale securities $ 430 $ 488 Investment securities gains, net (146) (166) Provision for income taxes $ 284 $ 322 Net of tax Defined benefit pension items $ (153) $ (38) Salaries and employee benefits 52 13 Provision for income taxes $ (101) $ (25) Net of tax Total reclassifications $ 183 $ 297 (a) Amounts in parentheses indicate expenses and other amounts indicate income

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Measurements [Abstract]
Summary of assets measured at fair value on a recurring basis	The following tables present the assets and liabilities reported on the Consolidated Balance Sheet at their fair value on a recurring basis as of September 30, 2015 and December 31, 2014 by level within the fair value hierarchy (in thousands). Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. September 30, 2015 Level I Level II Level III Total Assets Securities available for sale: U.S. Agency securities $ - $ 164,102 $ - $ 164,102 Obligations of state and political subdivisions - 98,165 - 98,165 Corporate obligations - 12,707 - 12,707 Mortgage-backed securities in government sponsored entities - 23,899 - 23,899 Equity securities in financial institutions 1,757 - - 1,757 December 31, 2014 Level I Level II Level III Total Securities available for sale: U.S. agency securities $ - $ 150,885 $ - $ 150,885 U.S. treasuries securities - 4,849 - 4,849 Obligations of state and political subdivisions - 105,036 - 105,036 Corporate obligations - 13,958 - 13,958 Mortgage-backed securities in government sponsored entities - 29,728 - 29,728 Equity securities in financial institutions 1,690 - - 1,690
Summary of assets measured at fair value on non-recurring basis	Assets measured at fair value on a nonrecurring basis as of September 30, 2015 and December 31, 2014 are included in the table below (in thousands): September 30, 2015 Level I Level II Level III Total Impaired Loans $ - $ - $ 7,954 $ 7,954 Other real estate owned - - 1,429 1,429 December 31, 2014 Impaired Loans $ - $ - $ 8,724 $ 8,724 Other real estate owned - - 1,792 1,792
Significant unobservable inputs used in fair value measurement process	The following table provides a listing of the significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques (dollars in thousands). September 30, 2015 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Impaired Loans $ 206 Discounted Cash Flows Discount in interest rates 0-5.5% 3.19% 7,748 Appraised Collateral Values Discount for time since appraisal 0-30% 16.66% Selling costs 5%-10% 13.25% Holding period 0 - 18 months 12 months Other real estate owned 1,429 Appraised Collateral Values Discount for time since appraisal 0-20% 20% Selling costs 4%-10% 9% Holding period 0 - 18 months 12 months December 31, 2014 Fair Value Valuation Technique(s) Unobservable input Range Impaired Loans $ 230 Discounted Cash Flows Discount in interest rates 0-5.5% 1.99% 8,494 Appraised Collateral Values Discount for time since appraisal 0-30% 22.00% Selling costs 4%-10% 8.55% Holding period 0 - 18 months 15 months Other real estate owned 1,792 Appraised Collateral Values Discount for time since appraisal 0-20% 20% Selling costs 4%-10% 9% Holding period 0 - 18 months 12 months
Fair value of financial instruments	The fair values of the Company’s financial instruments are as follows (in thousands): Carrying September 30, 2015 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 10,314 $ 10,314 $ 10,314 $ - $ - Interest bearing time deposits with other banks 6,460 6,465 - - 6,465 Available-for-sale securities 300,630 300,630 1,757 298,873 Loans held for sale 1,248 1,248 1,248 Net loans 575,964 605,361 - - 605,361 Bank owned life insurance 20,773 20,773 20,773 - - Regulatory stock 1,983 1,983 1,983 - - Accrued interest receivable 3,566 3,566 3,566 - - Financial liabilities: Deposits $ 797,848 $ 799,026 $ 550,646 $ - $ 248,380 Borrowed funds 44,657 41,978 12,882 - 29,096 Accrued interest payable 693 693 693 - - Carrying December 31, 2014 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 11,423 $ 11,423 $ 11,423 $ - $ - Interest bearing time deposits with other banks 5,960 5,969 - - 5,969 Available-for-sale securities 306,146 306,146 1,690 304,456 - Loans held for sale 497 497 497 Net loans 547,290 564,944 - - 564,944 Bank owned life insurance 20,309 20,309 20,309 - - Regulatory stock 2,035 2,035 2,035 - - Accrued interest receivable 3,644 3,644 3,644 - - Financial liabilities: Deposits $ 773,933 $ 774,387 $ 525,166 $ - $ 249,221 Borrowed funds 41,799 38,219 16,593 - 21,626 Accrued interest payable 756 756 756 - -

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Basic earnings per share computation [Abstract]
Net income applicable to common stock	$ 2,857	$ 3,368	$ 9,166	$ 9,909
Weighted average common shares outstanding (in shares)	3,011,687	3,035,214	3,019,202	3,038,973
Earnings per share - basic (in dollars per share)	$ 0.95	$ 1.11	$ 3.04	$ 3.26
Diluted earnings per share computation [Abstract]
Weighted average common shares outstanding for basic earnings per share (in shares)	3,011,687	3,035,214	3,019,202	3,038,973
Add: Dilutive effects of restricted stock (in shares)	1,464	1,486	1,468	1,427
Weighted average common shares outstanding for dilutive earnings per share (in shares)	3,013,151	3,036,700	3,020,670	3,040,400
Earnings per share - diluted (in dollars per share)	$ 0.95	$ 1.11	$ 3.03	$ 3.26
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive restricted stock excluded from net income per share calculations (in shares)	2,696	1,938	2,696	2,913
Restricted Stock [Member] | Minimum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive stock share price range (in dollars per share)	$ 44.50	$ 34.70	$ 44.50	$ 34.70
Restricted Stock [Member] | Maximum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive stock share price range (in dollars per share)	$ 53.15	$ 50.50	$ 53.15	$ 50.50

Income Tax Expense (Details)

Income Tax Expense (Details)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2015USD ($)Partnership	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)Partnership
Income Tax Expense [Abstract]
Investments in number of partnerships | Partnership	4		4
Investment amount in partnerships	$ 1,024,000	$ 1,024,000	$ 1,218,000
Tax Credit Carryforward [Line Items]
Investment tax credits	$ 1,094,000	1,094,000
Investment Tax Credit Carryforward [Member]
Tax Credit Carryforward [Line Items]
Tax credits recognition period	7 years
Tax credits recognized as reduction of tax expense amount	$ 50,000	$ 149,000

Investments (Details)

Investments (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)Security	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)Security	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	$ 295,983		$ 295,983		$ 301,459
Gross Unrealized Gains	4,915		4,915		5,603
Gross Unrealized Losses	(268)		(268)		(916)
Fair Value	$ 300,630		$ 300,630		306,146
Number of securities owned with fair value than cost | Security	46		46
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	$ 37,506		$ 37,506		36,508
Twelve Months or Greater, Fair Value	18,150		18,150		67,011
Total, Fair Value	55,656		55,656		103,519
Less than Twelve Months, Gross Unrealized Losses	(184)		(184)		(134)
Twelve Months or Greater, Gross Unrealized Losses	(84)		(84)		(782)
Total, Gross Unrealized Losses	$ (268)		(268)		(916)
Duration securities impaired, Minimum	1 year
Proceeds from sale of securities available-for-sale	$ 5,187	$ 5,187	18,393	$ 17,338
Realized investment gains (losses) [Abstract]
Gross gains	129	242	441	488
Gross losses	0	0	(11)	0
Net gains	129	$ 242	430	$ 488
Investment securities pledged as collateral	182,700		182,700		186,400
Amortized Cost [Abstract]
Due in one year or less	6,593		6,593
Due after one year through five years	161,984		161,984
Due after five years through ten years	44,998		44,998
Due after ten years	81,089		81,089
Total	294,664		294,664
Fair Value [Abstract]
Due in one year or less	6,606		6,606
Due after one year through five years	163,761		163,761
Due after five years through ten years	46,018		46,018
Due after ten years	82,488		82,488
Total	298,873		298,873
U.S. Agency Securities [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	163,012		163,012		150,847
Gross Unrealized Gains	1,113		1,113		638
Gross Unrealized Losses	(23)		(23)		(600)
Fair Value	164,102		164,102		150,885
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	10,067		10,067		27,382
Twelve Months or Greater, Fair Value	10,986		10,986		43,642
Total, Fair Value	21,053		21,053		71,024
Less than Twelve Months, Gross Unrealized Losses	(16)		(16)		(110)
Twelve Months or Greater, Gross Unrealized Losses	(7)		(7)		(490)
Total, Gross Unrealized Losses	(23)		(23)		(600)
US Treasury Securities [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost					4,944
Gross Unrealized Gains					0
Gross Unrealized Losses					(95)
Fair Value					4,849
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value					0
Twelve Months or Greater, Fair Value					4,849
Total, Fair Value					4,849
Less than Twelve Months, Gross Unrealized Losses					0
Twelve Months or Greater, Gross Unrealized Losses					(95)
Total, Gross Unrealized Losses					(95)
Obligations of State and Political Subdivisions [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	95,374		95,374		101,281
Gross Unrealized Gains	2,946		2,946		3,854
Gross Unrealized Losses	(155)		(155)		(99)
Fair Value	98,165		98,165		105,036
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	17,133		17,133		3,596
Twelve Months or Greater, Fair Value	4,747		4,747		8,584
Total, Fair Value	21,880		21,880		12,180
Less than Twelve Months, Gross Unrealized Losses	(104)		(104)		(19)
Twelve Months or Greater, Gross Unrealized Losses	(51)		(51)		(80)
Total, Gross Unrealized Losses	(155)		(155)		(99)
Corporate Obligations [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	12,643		12,643		13,853
Gross Unrealized Gains	103		103		190
Gross Unrealized Losses	(39)		(39)		(85)
Fair Value	12,707		12,707		13,958
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	5,399		5,399		505
Twelve Months or Greater, Fair Value	2,167		2,167		7,707
Total, Fair Value	7,566		7,566		8,212
Less than Twelve Months, Gross Unrealized Losses	(23)		(23)		(1)
Twelve Months or Greater, Gross Unrealized Losses	(16)		(16)		(84)
Total, Gross Unrealized Losses	(39)		(39)		(85)
Mortgage-backed Securities in Government Sponsored Entities [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	23,635		23,635		29,397
Gross Unrealized Gains	305		305		368
Gross Unrealized Losses	(41)		(41)		(37)
Fair Value	23,899		23,899		29,728
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	4,317		4,317		5,025
Twelve Months or Greater, Fair Value	250		250		2,229
Total, Fair Value	4,567		4,567		7,254
Less than Twelve Months, Gross Unrealized Losses	(31)		(31)		(4)
Twelve Months or Greater, Gross Unrealized Losses	(10)		(10)		(33)
Total, Gross Unrealized Losses	(41)		(41)		(37)
Equity Securities in Financial Institutions [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	1,319		1,319		1,137
Gross Unrealized Gains	448		448		553
Gross Unrealized Losses	(10)		(10)		0
Fair Value	1,757		1,757		$ 1,690
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	590		590
Twelve Months or Greater, Fair Value	0		0
Total, Fair Value	590		590
Less than Twelve Months, Gross Unrealized Losses	(10)		(10)
Twelve Months or Greater, Gross Unrealized Losses	0		0
Total, Gross Unrealized Losses	$ (10)		$ (10)

Loans (Details)

Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Dec. 31, 2014
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					$ 583,009	$ 554,105
Allowance for loan losses					7,045	6,815
Net loans					575,964	547,290
Individually evaluated for impairment					8,150	8,822
Collectively evaluated for impairment					574,859	545,283
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					196	98
Collectively evaluated for impairment					6,849	6,717
Total	$ 7,045	$ 6,751	$ 7,045	$ 7,098	7,045	6,815
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	6,959	6,751	6,815	7,098
Charge-offs	(51)	(95)	(166)	(792)
Recoveries	17	10	36	30
Provision	120	150	360	480
Balance at end of period	7,045	6,816	$ 7,045	6,816
Minimum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Number of days past for loan to be considered impaired, Minimum			90 days
First Mortgage [Member] | Minimum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Period of mortgage on real estate			15 years
First Mortgage [Member] | Maximum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Period of mortgage on real estate			30 years
Second Mortgage [Member] | Maximum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Period of mortgage on real estate			15 years
Residential Real Estate Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					178,280	185,438
Individually evaluated for impairment					330	316
Collectively evaluated for impairment					177,950	185,122
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					39	25
Collectively evaluated for impairment					874	853
Total	913	879	$ 913	946	913	878
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	931	879	878	946
Charge-offs	0	0	(34)	(45)
Recoveries	0	0	0	0
Provision	(18)	7	69	(15)
Balance at end of period	913	886	913	886
Commercial and Agricultural Real Estate Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					233,931	215,584
Individually evaluated for impairment					5,583	6,112
Collectively evaluated for impairment					228,348	209,472
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					34	72
Collectively evaluated for impairment					3,769	3,798
Total	3,803	3,809	3,803	4,558	3,803	3,870
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	3,679	3,809	3,870	4,558
Charge-offs	0	(11)	(56)	(486)
Recoveries	4	4	11	9
Provision	120	(99)	(22)	(378)
Balance at end of period	3,803	3,703	3,803	3,703
Construction Real Estate Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					10,159	6,353
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					10,159	6,353
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					17	26
Total	17	13	26	50	17	26
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	14	13	26	50
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	3	10	(9)	(27)
Balance at end of period	17	23	17	23
Consumer [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					8,473	8,497
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					8,473	8,497
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					91	84
Total	91	86	91	105	91	84
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	89	86	84	105
Charge-offs	(11)	(26)	(35)	(40)
Recoveries	13	6	25	21
Provision	0	20	17	0
Balance at end of period	91	86	91	86
Other Commercial and Agricultural Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					64,712	58,516
Individually evaluated for impairment					2,237	2,394
Collectively evaluated for impairment					62,475	56,122
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					123	1
Collectively evaluated for impairment					1,322	1,223
Total	1,445	1,151	1,445	942	1,445	1,224
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1,502	1,151	1,224	942
Charge-offs	(40)	(58)	(41)	(221)
Recoveries	0	0	0	0
Provision	(17)	70	262	442
Balance at end of period	1,445	1,163	1,445	1,163
State and Political Subdivision Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total Loans					87,454	79,717
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					87,454	79,717
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					586	545
Total	586	455	545	330	586	545
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	568	455	545	330
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	18	(5)	41	120
Balance at end of period	586	450	586	450
Unallocated [Member]
Summary of allowance for loan losses into amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					190	188
Total	190	358	190	167	$ 190	$ 188
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	176	358	188	167
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	14	147	2	338
Balance at end of period	$ 190	$ 505	$ 190	$ 505

Loans, Impaired Financing Recei

Loans, Impaired Financing Receivable (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	$ 10,852		$ 10,852		$ 11,265
Recorded Investment With No Allowance	6,841		6,841		8,239
Recorded Investment With Allowance	1,309		1,309		583
Total Recorded Investment	8,150		8,150		8,822
Related Allowance	196		196		98
Average Recorded Investment	7,995	$ 9,050	8,584	$ 9,943
Interest Income Recognized	36	41	123	137
Interest Income Recognized Cash Basis	1	0	9	0
Real Estate Loans [Member] | Mortgages [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	304		304		222
Recorded Investment With No Allowance	119		119		125
Recorded Investment With Allowance	149		149		66
Total Recorded Investment	268		268		191
Related Allowance	27		27		13
Average Recorded Investment	269	197	239	201
Interest Income Recognized	4	3	8	7
Interest Income Recognized Cash Basis	0	0	5	0
Real Estate Loans [Member] | Home Equity [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	62		62		130
Recorded Investment With No Allowance	0		0		60
Recorded Investment With Allowance	62		62		65
Total Recorded Investment	62		62		125
Related Allowance	12		12		12
Average Recorded Investment	62	130	97	131
Interest Income Recognized	1	1	3	3
Interest Income Recognized Cash Basis	0	0	0	0
Real Estate Loans [Member] | Commercial [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	7,965		7,965		8,433
Recorded Investment With No Allowance	5,314		5,314		5,708
Recorded Investment With Allowance	99		99		404
Total Recorded Investment	5,413		5,413		6,112
Related Allowance	34		34		72
Average Recorded Investment	5,462	6,770	5,728	7,616
Interest Income Recognized	14	22	46	66
Interest Income Recognized Cash Basis	0	0	0	0
Real Estate Loans [Member] | Agricultural [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	170		170		0
Recorded Investment With No Allowance	170		170		0
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	170		170		0
Related Allowance	0		0		0
Average Recorded Investment	57	0	19	0
Interest Income Recognized	1	0	1	0
Interest Income Recognized Cash Basis	0	0	0	0
Real Estate Loans [Member] | Construction [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	0		0		0
Recorded Investment With No Allowance	0		0		0
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
Interest Income Recognized Cash Basis	0	0	0	0
Consumer [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	0		0		0
Recorded Investment With No Allowance	0		0		0
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	10	0	13
Interest Income Recognized	0	0	0	0
Interest Income Recognized Cash Basis	0	0	0	0
Other Commercial Loans [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	2,238		2,238		2,480
Recorded Investment With No Allowance	1,125		1,125		2,346
Recorded Investment With Allowance	999		999		48
Total Recorded Investment	2,124		2,124		2,394
Related Allowance	123		123		1
Average Recorded Investment	2,107	1,943	2,488	1,982
Interest Income Recognized	15	15	64	61
Interest Income Recognized Cash Basis	1	0	4	0
Other Agricultural Loans [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	113		113		0
Recorded Investment With No Allowance	113		113		0
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	113		113		0
Related Allowance	0		0		0
Average Recorded Investment	38	0	13	0
Interest Income Recognized	1	0	1	0
Interest Income Recognized Cash Basis	0	0	0	0
State and Political Subdivision Loans [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	0		0		0
Recorded Investment With No Allowance	0		0		0
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	0		0		0
Related Allowance	0		0		$ 0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
Interest Income Recognized Cash Basis	$ 0	$ 0	$ 0	$ 0

Loans, Credit Quality Indicator

Loans, Credit Quality Indicator (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable by credit exposure [Abstract]
Total	$ 186,753,000	$ 193,935,000
Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Percentage of dollar volume of commercial loan portfolio to be reviewed	55.00%
Amount over which all new loans to be reviewed, minimum	$ 1,000,000
Amount over which all relationships to be reviewed, minimum	1,000,000
Amount which is 30 days past due to be reviewed for all aggregate loan relationships	750,000
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	197,775,000	190,945,000
Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	36,156,000	24,639,000
Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	10,159,000	6,353,000
Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	118,395,000	122,858,000
Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	59,885,000	62,580,000
Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	8,473,000	8,497,000
Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	52,195,000	47,451,000
Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	12,517,000	11,065,000
State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	87,454,000	79,717,000
Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total	369,400,000	324,932,000
Pass [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	181,306,000	169,383,000
Pass [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	32,326,000	19,575,000
Pass [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	10,123,000	6,353,000
Pass [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	46,435,000	40,683,000
Pass [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	11,756,000	9,221,000
Pass [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	87,454,000	79,717,000
Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total	8,326,000	17,482,000
Special Mention [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	3,860,000	8,948,000
Special Mention [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	3,302,000	3,394,000
Special Mention [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	36,000	0
Special Mention [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	480,000	4,413,000
Special Mention [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	648,000	727,000
Special Mention [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total	18,356,000	17,756,000
Substandard [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	12,575,000	12,614,000
Substandard [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	528,000	1,670,000
Substandard [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Substandard [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	5,140,000	2,355,000
Substandard [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	113,000	1,117,000
Substandard [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total	174,000	0
Doubtful [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	34,000	0
Doubtful [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Doubtful [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Doubtful [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	140,000	0
Doubtful [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Doubtful [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Loss [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
Internally Assigned Grade [Member]
Financing Receivable by credit exposure [Abstract]
Total	396,256,000	360,170,000
Performing [Member]
Financing Receivable by credit exposure [Abstract]
Total	185,498,000	192,708,000
Performing [Member] | Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	117,363,000	121,968,000
Performing [Member] | Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	59,714,000	62,296,000
Performing [Member] | Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	8,421,000	8,444,000
Nonperforming [Member]
Financing Receivable by credit exposure [Abstract]
Total	1,255,000	1,227,000
Nonperforming [Member] | Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	1,032,000	890,000
Nonperforming [Member] | Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	171,000	284,000
Nonperforming [Member] | Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	$ 52,000	$ 53,000

Loans, Past Due (Details)

Loans, Past Due (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Recorded investment of past due [Abstract]
Total Past Due	$ 8,268	$ 5,151
Current	574,741	548,954
Total Loans	583,009	554,105
90 Days or Greater and Accruing	668	836
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	5,594	2,243
Current And Non-accrual	725	4,356
Financing receivable nonaccrual status	6,319	6,599
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	2,674	2,908
Current And Still Accruing	574,016	544,598
Total Financing Receivables And Still Accruing	$ 576,690	547,506
Minimum [Member]
Financing receivables on nonaccrual status [Abstract]
Period of past due after which loans considered as non accrual	90 days
30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	$ 1,848	1,479
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	319	48
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	1,529	1,431
60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	681	822
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	204	181
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	477	641
90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	5,739	2,850
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	5,071	2,014
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	668	836
Real Estate Loans [Member] | Mortgages [Member]
Recorded investment of past due [Abstract]
Total Past Due	1,184	1,223
Current	117,211	121,635
Total Loans	118,395	122,858
90 Days or Greater and Accruing	303	214
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	729	676
Real Estate Loans [Member] | Mortgages [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	388	318
Real Estate Loans [Member] | Mortgages [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	133	230
Real Estate Loans [Member] | Mortgages [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	663	675
Real Estate Loans [Member] | Home Equity [Member]
Recorded investment of past due [Abstract]
Total Past Due	700	801
Current	59,185	61,779
Total Loans	59,885	62,580
90 Days or Greater and Accruing	106	132
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	65	152
Real Estate Loans [Member] | Home Equity [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	521	442
Real Estate Loans [Member] | Home Equity [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	21	99
Real Estate Loans [Member] | Home Equity [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	158	260
Real Estate Loans [Member] | Commercial [Member]
Recorded investment of past due [Abstract]
Total Past Due	4,570	1,760
Current	193,205	189,185
Total Loans	197,775	190,945
90 Days or Greater and Accruing	60	310
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	4,441	5,010
Real Estate Loans [Member] | Commercial [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	302	97
Real Estate Loans [Member] | Commercial [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	130	231
Real Estate Loans [Member] | Commercial [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	4,138	1,432
Real Estate Loans [Member] | Agricultural [Member]
Recorded investment of past due [Abstract]
Total Past Due	208	0
Current	35,948	24,639
Total Loans	36,156	24,639
90 Days or Greater and Accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	0	0
Real Estate Loans [Member] | Agricultural [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	38	0
Real Estate Loans [Member] | Agricultural [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	170	0
Real Estate Loans [Member] | Agricultural [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Real Estate Loans [Member] | Construction [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Current	10,159	6,353
Total Loans	10,159	6,353
90 Days or Greater and Accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	0	0
Real Estate Loans [Member] | Construction [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Real Estate Loans [Member] | Construction [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Real Estate Loans [Member] | Construction [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Consumer [Member]
Recorded investment of past due [Abstract]
Total Past Due	94	130
Current	8,379	8,367
Total Loans	8,473	8,497
90 Days or Greater and Accruing	0	6
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	52	47
Consumer [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	41	119
Consumer [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	29	4
Consumer [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	24	7
Other Commercial Loans [Member]
Recorded investment of past due [Abstract]
Total Past Due	1,314	1,237
Current	50,881	46,214
Total Loans	52,195	47,451
90 Days or Greater and Accruing	199	174
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	1,032	714
Other Commercial Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	528	503
Other Commercial Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	30	258
Other Commercial Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	756	476
Other Agricultural Loans [Member]
Recorded investment of past due [Abstract]
Total Past Due	198	0
Current	12,319	11,065
Total Loans	12,517	11,065
90 Days or Greater and Accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	0	0
Other Agricultural Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	30	0
Other Agricultural Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	168	0
Other Agricultural Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
State and Political Subdivision Loans [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Current	87,454	79,717
Total Loans	87,454	79,717
90 Days or Greater and Accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	0	0
State and Political Subdivision Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
State and Political Subdivision Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
State and Political Subdivision Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	$ 0	$ 0

Loans, Trouble Debt Restructuri

Loans, Trouble Debt Restructuring (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)Contract	Sep. 30, 2014USD ($)Contract	Sep. 30, 2015USD ($)Contract	Sep. 30, 2014USD ($)Contract	Dec. 31, 2014USD ($)
Loans [Abstract]
Reserves of allowance for loan losses	$ 39,000		$ 39,000		$ 26,000
Recidivism receivables [Abstract]
Total recidivism, Number of contracts | Contract	0	0	0	1
Total recidivism, Recorded investment	$ 0	$ 0	$ 0	$ 483,000
Foreclosed assets held for sale [Abstract]
Foreclosed assets held for sale	$ 1,429,000		$ 1,429,000		$ 1,792,000
Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract			1	0
Pre-modification Outstanding Recorded Investment			$ 71,000	$ 0
Post-Modification Outstanding Recorded Investment			$ 71,000	$ 0
Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract			1	2
Pre-modification Outstanding Recorded Investment			$ 19,000	$ 153,000
Post-Modification Outstanding Recorded Investment			$ 19,000	$ 153,000
Real Estate Loans [Member] | Mortgages [Member] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract			1
Pre-modification Outstanding Recorded Investment			$ 71,000
Post-Modification Outstanding Recorded Investment			$ 71,000
Real Estate Loans [Member] | Mortgages [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract			1
Pre-modification Outstanding Recorded Investment			$ 19,000
Post-Modification Outstanding Recorded Investment			$ 19,000
Real Estate Loans [Member] | Commercial [Member]
Recidivism receivables [Abstract]
Total recidivism, Number of contracts | Contract	0	0	0	1
Total recidivism, Recorded investment	$ 0	$ 0	$ 0	$ 483,000
Real Estate Loans [Member] | Commercial [Member] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract				0
Pre-modification Outstanding Recorded Investment				$ 0
Post-Modification Outstanding Recorded Investment				$ 0
Real Estate Loans [Member] | Commercial [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract				2
Pre-modification Outstanding Recorded Investment				$ 153,000
Post-Modification Outstanding Recorded Investment				$ 153,000
Consumer Residential Mortgages [Member]
Foreclosed assets held for sale [Abstract]
Foreclosed assets held for sale	305,000		305,000
Formal foreclosure proceedings on potential foreclosure assets	$ 1,256,000		$ 1,256,000

Federal Home Loan Bank Stock (D

Federal Home Loan Bank Stock (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Federal Home Loan Bank Stock [Abstract]
Federal home loan bank stock	$ 1,708,000	$ 1,761,000
FHLB Stock, at par value (in dollars per share)	$ 100

Repurchase Agreements (Details)

Repurchase Agreements (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	$ 8,182,000	$ 14,323,000
Total liability recognized for repurchase agreements	5,728,000	5,906,000
U.S. Agency Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	0	0
Overnight and Continuous [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	6,112,000	10,368,000
Overnight and Continuous [Member] | U.S. Agency Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	6,112,000	10,368,000
Up to 30 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	0	1,015,000
Up to 30 Days [Member] | U.S. Agency Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	0	1,015,000
30 - 90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	0	0
30 - 90 Days [Member] | U.S. Agency Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	0	0
Greater than 90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	2,070,000	2,940,000
Greater than 90 Days [Member] | U.S. Agency Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	$ 2,070,000	$ 2,940,000

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Components of net periodic benefit cost [Abstract]
Employer contribution to 401 (k) defined contribution plan	$ 60,000	$ 55,000	$ 215,000	$ 201,000
Directors [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Deferred interest expense	5,000	4,000	17,000	15,000
Pension Plan [Member]
Components of net periodic benefit cost [Abstract]
Service cost	110,000	77,000	242,000	230,000
Interest cost	128,000	104,000	281,000	311,000
Expected return on plan assets	(243,000)	(197,000)	(533,000)	(590,000)
Net amortization and deferral	65,000	13,000	141,000	38,000
Net periodic benefit cost	60,000	(3,000)	131,000	(11,000)
Employer contribution to pension plan			400,000
Supplemental Executive Retirement Plans [Member]
Components of net periodic benefit cost [Abstract]
Obligation included in other liabilities	1,304,000		1,304,000		$ 1,198,000
Cost recognized	35,000	$ 38,000	106,000	$ 114,000
Deferred Compensation Plan [Member]
Components of net periodic benefit cost [Abstract]
Obligation included in other liabilities	$ 952,000		$ 952,000		$ 969,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	100,000		100,000
Number of shares available for grant (in shares)	60,662		60,662
Restricted stock activity [Roll Forward]
Outstanding, beginning of period (in shares)	7,018	7,187	6,971	7,172
Granted (in shares)	0	0	3,496	3,598
Forfeited (in shares)	(139)	(7)	(139)	(7)
Vested (in shares)	0	0	(3,449)	(3,583)
Outstanding, end of period (in shares)	6,879	7,180	6,879	7,180
Weighted average market price [Roll Forward]
Outstanding, beginning of period (in dollars per share)	$ 50.63	$ 48.28	$ 48.55	$ 42.02
Granted (in dollars per share)	0	0	50.02	52.82
Forfeited (in dollars per share)	51.49	37.10	51.49	37.10
Vested (in dollars per share)	0	0	45.80	40.30
Outstanding, end of period (in dollars per share)	$ 50.61	$ 48.29	$ 50.61	$ 48.29
Share-based compensation expense	$ 44,000	$ 42,000	$ 129,000	$ 115,000
Compensation cost related to nonvested awards that has not yet been recognized	$ 349,000		$ 349,000
Compensation cost related to nonvested awards, period to be recognized			2 years 6 months 29 days

Accumulated Comprehensive Inc36

Accumulated Comprehensive Income (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance		$ 171	$ 1,100	$ 767	$ (1,225)
Other comprehensive income (loss) before reclassifications, net of tax		722	564	258	3,035
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		(51)	(151)	(183)	(297)
Net current period other comprehensive income (loss)		671	413	75	2,738
Ending Balance		842	1,513	842	1,513
Unrealized Gains (Loss) On Available For Sale Securities [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	[1]	2,430	2,201	3,093	(108)
Other comprehensive income (loss) before reclassifications, net of tax	[1]	722	564	258	3,035
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	[1]	(85)	(160)	(284)	(322)
Net current period other comprehensive income (loss)	[1]	637	404	(26)	2,713
Ending Balance	[1]	3,067	2,605	3,067	2,605
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	[1]	(2,259)	(1,101)	(2,326)	(1,117)
Other comprehensive income (loss) before reclassifications, net of tax	[1]	0	0	0	0
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	[1]	34	9	101	25
Net current period other comprehensive income (loss)	[1]	34	9	101	25
Ending Balance	[1]	$ (2,225)	$ (1,092)	$ (2,225)	$ (1,092)
[1]	Amounts in parentheses indicate debits to the Consolidated Balance Sheet

Accumulated Comprehensive Inc37

Accumulated Comprehensive Income, Reclassification (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Investment securities gains, net		$ 129	$ 242	$ 430	$ 488
Provision for income taxes		(681)	(913)	(2,200)	(2,655)
Salaries and employee benefits		(3,069)	(2,790)	(9,118)	(8,600)
NET INCOME		2,857	3,368	9,166	9,909
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
NET INCOME	[1]	51	151	183	297
Unrealized Gains (Loss) On Available For Sale Securities [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Investment securities gains, net	[1]	129	242	430	488
Provision for income taxes	[1]	(44)	(82)	(146)	(166)
NET INCOME	[1]	85	160	284	322
Defined Benefit Pension Items [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Provision for income taxes	[1]	17	4	52	13
Salaries and employee benefits	[1]	(51)	(13)	(153)	(38)
NET INCOME	[1]	$ (34)	$ (9)	$ (101)	$ (25)
[1]	Amounts in parentheses indicate expenses and other amounts indicate income

Fair Value Measurements, Measur

Fair Value Measurements, Measured On A Recurring And Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Impaired Loans	$ 8,150	$ 8,822
Recurring [Member]
Securities available for sale [Abstract]
U.S. agency securities	164,102	150,885
U.S. treasuries securities		4,849
Obligations of state and political subdivisions	98,165	105,036
Corporate obligations	12,707	13,958
Mortgage-backed securities in government sponsored entities	23,899	29,728
Equity securities in financial institutions	1,757	1,690
Recurring [Member] | Level I [Member]
Securities available for sale [Abstract]
U.S. agency securities	0	0
U.S. treasuries securities		0
Obligations of state and political subdivisions	0	0
Corporate obligations	0	0
Mortgage-backed securities in government sponsored entities	0	0
Equity securities in financial institutions	1,757	1,690
Recurring [Member] | Level II [Member]
Securities available for sale [Abstract]
U.S. agency securities	164,102	150,885
U.S. treasuries securities		4,849
Obligations of state and political subdivisions	98,165	105,036
Corporate obligations	12,707	13,958
Mortgage-backed securities in government sponsored entities	23,899	29,728
Equity securities in financial institutions	0	0
Recurring [Member] | Level III [Member]
Securities available for sale [Abstract]
U.S. agency securities	0	0
U.S. treasuries securities		0
Obligations of state and political subdivisions	0	0
Corporate obligations	0	0
Mortgage-backed securities in government sponsored entities	0	0
Equity securities in financial institutions	0	0
Nonrecurring [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Impaired Loans	7,954	8,724
Other real estate owned	1,429	1,792
Nonrecurring [Member] | Level I [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Impaired Loans	0	0
Other real estate owned	0	0
Nonrecurring [Member] | Level II [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Impaired Loans	0	0
Other real estate owned	0	0
Nonrecurring [Member] | Level III [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Impaired Loans	7,954	8,724
Other real estate owned	$ 1,429	$ 1,792

Fair Value Measurements, Quanti

Fair Value Measurements, Quantitative Information (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Impaired Loans [Member] | Discounted Cash Flows [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 206	$ 230
Valuation Technique(s)	Discounted Cash Flows	Discounted Cash Flows
Impaired Loans [Member] | Discounted Cash Flows [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount in interest rates	0.00%	0.00%
Impaired Loans [Member] | Discounted Cash Flows [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount in interest rates	5.50%	5.50%
Impaired Loans [Member] | Discounted Cash Flows [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount in interest rates	3.19%	1.99%
Impaired Loans [Member] | Appraised Collateral Values [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 7,748	$ 8,494
Valuation Technique(s)	Appraised Collateral Values	Appraised Collateral Values
Impaired Loans [Member] | Appraised Collateral Values [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount for time since appraisal	0.00%	0.00%
Selling costs	5.00%	4.00%
Holding period	0 months	0 months
Impaired Loans [Member] | Appraised Collateral Values [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount for time since appraisal	30.00%	30.00%
Selling costs	10.00%	10.00%
Holding period	18 months	18 months
Impaired Loans [Member] | Appraised Collateral Values [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount for time since appraisal	16.66%	22.00%
Selling costs	13.25%	8.55%
Holding period	12 months	15 months
Other Real Estate Owned [Member] | Appraised Collateral Values [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 1,429	$ 1,792
Valuation Technique(s)	Appraised Collateral Values	Appraised Collateral Values
Other Real Estate Owned [Member] | Appraised Collateral Values [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount for time since appraisal	0.00%	0.00%
Selling costs	4.00%	4.00%
Holding period	0 months	0 months
Other Real Estate Owned [Member] | Appraised Collateral Values [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount for time since appraisal	20.00%	20.00%
Selling costs	10.00%	10.00%
Holding period	18 months	18 months
Other Real Estate Owned [Member] | Appraised Collateral Values [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount for time since appraisal	20.00%	20.00%
Selling costs	9.00%	9.00%
Holding period	12 months	12 months

Fair Value Measurements, By Bal

Fair Value Measurements, By Balance Sheet Grouping (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Financial assets [Abstract]
Available-for-sale securities	$ 300,630	$ 306,146
Financial liabilities [Abstract]
Consideration period for recognition of cash and due from banks	90 days
Consideration period for recognition of accrued interest receivable and payable	90 days
Level I [Member]
Financial assets [Abstract]
Cash and due from banks	$ 10,314	11,423
Interest bearing time deposits with other banks	0	0
Available-for-sale securities	1,757	1,690
Loans held for sale	1,248	497
Net loans	0	0
Bank owned life insurance	20,773	20,309
Regulatory stock	1,983	2,035
Accrued interest receivable	3,566	3,644
Financial liabilities [Abstract]
Deposits	550,646	525,166
Borrowed funds	12,882	16,593
Accrued interest payable	693	756
Level II [Member]
Financial assets [Abstract]
Cash and due from banks	0	0
Interest bearing time deposits with other banks	0	0
Available-for-sale securities	298,873	304,456
Net loans	0	0
Bank owned life insurance	0	0
Regulatory stock	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
Borrowed funds	0	0
Accrued interest payable	0	0
Level III [Member]
Financial assets [Abstract]
Cash and due from banks	0	0
Interest bearing time deposits with other banks	6,465	5,969
Available-for-sale securities		0
Net loans	605,361	564,944
Bank owned life insurance	0	0
Regulatory stock	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	248,380	249,221
Borrowed funds	29,096	21,626
Accrued interest payable	0	0
Carrying Amount [Member]
Financial assets [Abstract]
Cash and due from banks	10,314	11,423
Interest bearing time deposits with other banks	6,460	5,960
Available-for-sale securities	300,630	306,146
Loans held for sale	1,248	497
Net loans	575,964	547,290
Bank owned life insurance	20,773	20,309
Regulatory stock	1,983	2,035
Accrued interest receivable	3,566	3,644
Financial liabilities [Abstract]
Deposits	797,848	773,933
Borrowed funds	44,657	41,799
Accrued interest payable	693	756
Fair Value [Member]
Financial assets [Abstract]
Cash and due from banks	10,314	11,423
Interest bearing time deposits with other banks	6,465	5,969
Available-for-sale securities	300,630	306,146
Loans held for sale	1,248	497
Net loans	605,361	564,944
Bank owned life insurance	20,773	20,309
Regulatory stock	1,983	2,035
Accrued interest receivable	3,566	3,644
Financial liabilities [Abstract]
Deposits	799,026	774,387
Borrowed funds	41,978	38,219
Accrued interest payable	$ 693	$ 756