Citizens Financial Services (CZFS) 10-Q 9 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 25, 2016
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		3,349,841
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016

CONSOLIDATED BALANCE SHEET (UNA

CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Cash and due from banks:
Noninterest-bearing	$ 15,459	$ 14,088
Interest-bearing	912	10,296
Total cash and cash equivalents	16,371	24,384
Interest bearing time deposits with other banks	6,955	7,696
Available-for-sale securities	349,154	359,737
Loans held for sale	576	603
Loans (net of allowance for loan losses: 2016, $8,194 and 2015, $7,106)	743,099	687,925
Premises and equipment	17,143	17,263
Accrued interest receivable	3,988	4,211
Goodwill	21,089	21,089
Bank owned life insurance	26,050	25,535
Other intangibles	2,059	2,437
Other assets	11,170	12,104
TOTAL ASSETS	1,197,654	1,162,984
Deposits:
Noninterest-bearing	149,848	150,960
Interest-bearing	858,899	837,071
Total deposits	1,008,747	988,031
Borrowed funds	51,859	41,631
Accrued interest payable	636	734
Other liabilities	10,862	12,828
TOTAL LIABILITIES	1,072,104	1,043,224
STOCKHOLDERS' EQUITY:
Preferred Stock $1.00 par value; authorized 3,000,000 shares September 30, 2016 and December 31, 2015; none issued in 2016 or 2015	0	0
Common stock $1.00 par value; authorized 15,000,000 shares; issued 3,704,375 at September 30, 2016 and 3,671,751 at December 31, 2015	3,704	3,672
Additional paid-in capital	42,241	40,715
Retained earnings	89,501	85,790
Accumulated other comprehensive income (loss)	1,390	(236)
Treasury stock, at cost: 358,811 shares at September 30, 2016 and 335,876 shares at December 31, 2015	(11,286)	(10,181)
TOTAL STOCKHOLDERS' EQUITY	125,550	119,760
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,197,654	$ 1,162,984

CONSOLIDATED BALANCE SHEET (UN3

CONSOLIDATED BALANCE SHEET (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS:
Loans, allowance for loan losses	$ 8,194	$ 7,106
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)	3,704,375	3,671,751
Treasury stock, shares (in shares)	358,811	335,876

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
INTEREST INCOME:
Interest and fees on loans	$ 9,204	$ 7,248	$ 26,387	$ 21,416
Interest-bearing deposits with banks	50	33	185	103
Investment securities:
Taxable	897	798	2,800	2,317
Nontaxable	733	749	2,259	2,398
Dividends	64	35	205	168
TOTAL INTEREST INCOME	10,948	8,863	31,836	26,402
INTEREST EXPENSE:
Deposits	1,048	1,044	3,194	3,088
Borrowed funds	188	174	554	521
TOTAL INTEREST EXPENSE	1,236	1,218	3,748	3,609
NET INTEREST INCOME	9,712	7,645	28,088	22,793
Provision for loan losses	500	120	770	360
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	9,212	7,525	27,318	22,433
NON-INTEREST INCOME:
Service charges	1,115	1,054	3,345	3,058
Trust	161	149	539	523
Brokerage and insurance	211	181	578	563
Gains on loans sold	109	85	225	183
Investment securities gains, net	0	129	155	430
Earnings on bank owned life insurance	174	158	515	464
Other	138	109	450	327
TOTAL NON-INTEREST INCOME	1,908	1,865	5,807	5,548
NON-INTEREST EXPENSES:
Salaries and employee benefits	4,285	3,069	12,067	9,118
Occupancy	485	347	1,385	1,064
Furniture and equipment	164	108	492	323
Professional fees	283	202	836	614
FDIC insurance	175	116	492	348
Pennsylvania shares tax	240	201	630	602
Amortization of intangibles	82	0	246	0
Merger and acquisition	0	282	0	405
ORE expenses (recovery)	(71)	328	234	686
Other	1,557	1,199	5,031	3,455
TOTAL NON-INTEREST EXPENSES	7,200	5,852	21,413	16,615
Income before provision for income taxes	3,920	3,538	11,712	11,366
Provision for income taxes	767	681	2,245	2,200
NET INCOME	$ 3,153	$ 2,857	$ 9,467	$ 9,166
PER COMMON SHARE DATA:
Net Income - Basic (in dollars per share)	$ 0.94	$ 0.94	$ 2.83	$ 3
Net Income - Diluted (in dollars per share)	0.94	0.94	2.83	3
Cash Dividends Paid (in dollars per share)	$ 0.421	$ 0.503	$ 1.250	$ 1.304
Number of shares used in computation - basic (in shares)	3,339,962	3,044,311	3,346,623	3,051,826
Number of shares used in computation - diluted (in shares)	3,341,656	3,045,775	3,348,321	3,053,294

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) [Abstract]
Net income	$ 3,153	$ 2,857	$ 9,467	$ 9,166
Other comprehensive income (loss):
Unrealized gain (loss) on available for sale securities	(1,049)	1,094	2,439	390
Income tax effect	357	(372)	(830)	(132)
Change in unrecognized pension cost	61	51	181	153
Income tax effect	(21)	(17)	(62)	(52)
Less: Reclassification adjustment for investment security gains included in net income	0	(129)	(155)	(430)
Income tax effect	0	44	53	146
Other comprehensive income (loss), net of tax	(652)	671	1,626	75
Comprehensive income	$ 2,501	$ 3,528	$ 11,093	$ 9,241

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 9,467	$ 9,166
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	770	360
Provision for off-balance sheet items	30	0
Depreciation and amortization	265	370
Amortization and accretion of investment securities	1,750	1,521
Deferred income taxes	141	(39)
Investment securities gains, net	(155)	(430)
Earnings on bank owned life insurance	(515)	(464)
Originations of loans held for sale	(15,698)	(13,510)
Proceeds from sales of loans held for sale	15,950	12,942
Realized gains on loans sold	(225)	(183)
Decrease in accrued interest receivable	223	78
Decrease in accrued interest payable	(98)	(63)
Other, net	(1,137)	(842)
Net cash provided by operating activities	10,768	8,906
Available-for-sale securities:
Proceeds from sales	12,077	18,393
Proceeds from maturity and principal repayments	43,759	39,472
Purchase of securities	(44,567)	(58,667)
Purchase of interest bearing time deposits with other banks	0	(500)
Proceeds from matured interest bearing time deposits with other banks	744	0
Proceeds from redemption of regulatory stock	459	2,150
Purchase of regulatory stock	(1,138)	(2,097)
Net increase in loans	(55,846)	(29,148)
Purchase of premises and equipment	(500)	(633)
Proceeds from sale of foreclosed assets held for sale	900	340
Net cash used in investing activities	(44,112)	(30,690)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	20,716	23,915
Proceeds from long-term borrowings	541	5,288
Repayments of long-term borrowings	(534)	(700)
Net increase (decrease) in short-term borrowed funds	10,221	(1,730)
Purchase of treasury and restricted stock	(1,713)	(2,315)
Dividends paid	(3,900)	(3,783)
Net cash provided by financing activities	25,331	20,675
Net decrease in cash and cash equivalents	(8,013)	(1,109)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	24,384	11,423
CASH AND CASH EQUIVALENTS AT END OF PERIOD	16,371	10,314
Supplemental Disclosures of Cash Flow Information:
Interest paid	3,846	3,672
Income taxes paid	1,700	2,425
Loans transferred to foreclosed property	633	241
Investments sold and not settled	$ 0	$ 5,187

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2016
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"). On December 11, 2015, the Company completed its acquisition of The First National Bank of Fredericksburg (FNB) by merging FNB into the Bank. 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, 2016 and for the periods ended September 30, 2016 and 2015 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 periods. 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, 2016 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, 2015.

Earnings per Share

Earnings per Share	9 Months Ended
	Sep. 30, 2016
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 September 30, September 30, 2016 2015 2016 2015 Net income applicable to common stock $ 3,153,000 $ 2,857,000 $ 9,467,000 $ 9,166,000 Basic earnings per share computation Weighted average common shares outstanding 3,339,962 3,044,311 3,346,623 3,051,826 Earnings per share - basic $ 0.94 $ 0.94 $ 2.83 $ 3.00 Diluted earnings per share computation Weighted average common shares outstanding for basic earnings per share 3,339,962 3,044,311 3,346,623 3,051,826 Add: Dilutive effects of restricted stock 1,694 1,464 1,698 1,468 Weighted average common shares outstanding for dilutive earnings per share 3,341,656 3,045,775 3,348,321 3,053,294 Earnings per share - diluted $ 0.94 $ 0.94 $ 2.83 $ 3.00 For the three months ended September 30, 2016 and 2015, there were 3,804 and 2,696 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 per share prices ranging from $46.69-$53.15 for the three month period ended September 30, 2016 and per share prices ranging from $44.50-$53.15 for the three month period ended September 30, 2015. For the nine months ended September 30, 2016 and 2015, 3,804 and 2,696 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 per share prices ranging from $46.69-$53.15 for the nine month period ended September 30, 2016 and per share prices ranging from $44.50-$53.15 for the nine month period ended September 30, 2015.

Income Tax Expense

Income Tax Expense	9 Months Ended
	Sep. 30, 2016
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, 2016 and December 31, 2015, 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 $765,000 and $959,000 as of September 30, 2016 and December 31, 2015, respectively. Investments purchased prior to January 1, 2015, are accounted for utilizing the effective yield method. As of September 30, 2016, the Company had $895,000 of tax credits remaining that will be recognized over 6.25 years. Tax credits of $50,000 were recognized as a reduction of tax expense during the three months ended September 30, 2016 and 2015. Tax credits of $149,000 were recognized as a reduction of tax expense during the nine months ended September 30, 2016 and 2015.

Investments

Investments	9 Months Ended
	Sep. 30, 2016
Investments [Abstract]
Investments	Note 4 – Investments The amortized cost, gross unrealized gains and losses, and fair value of investment securities at September 30, 2016 and December 31, 2015 were as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair September 30, 2016 Cost Gains Losses Value Available-for-sale securities: U.S. agency securities $ 188,936 $ 1,839 $ (9 ) $ 190,766 U.S. treasury securities 5,013 7 - 5,020 Obligations of state and political subdivisions 99,557 2,702 (37 ) 102,222 Corporate obligations 14,359 17 - 14,376 Mortgage-backed securities in government sponsored entities 33,665 420 (33 ) 34,052 Equity securities in financial institutions 2,002 716 - 2,718 Total available-for-sale securities $ 343,532 $ 5,701 $ (79 ) $ 349,154 December 31, 2015 Available-for-sale securities: U.S. agency securities $ 199,749 $ 369 $ (527 ) $ 199,591 U.S. treasury securities 10,103 - (21 ) 10,082 Obligations of state and political subdivisions 99,856 3,080 (73 ) 102,863 Corporate obligations 14,583 68 (86 ) 14,565 Mortgage-backed securities in government sponsored entities 30,107 186 (89 ) 30,204 Equity securities in financial institutions 2,001 436 (5 ) 2,432 Total available-for-sale securities $ 356,399 $ 4,139 $ (801 ) $ 359,737 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, 2016 and December 31, 2015 (in thousands). As of September 30, 2016, the Company owned 24 securities whose fair value was less than their cost basis. September 30, 2016 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 $ 6,998 $ (9 ) $ - $ - $ 6,998 $ (9 ) Obligations of state and political subdivisions 9,244 (37 ) - - 9,244 (37 ) Mortgage-backed securities in government sponsored entities 3,568 (18 ) 1,855 (15 ) 5,423 (33 ) Total securities $ 19,810 $ (64 ) $ 1,855 $ (15 ) $ 21,665 $ (79 ) December 31, 2015 U.S. agency securities $ 123,591 $ (527 ) $ - $ - $ 123,591 $ (527 ) U.S. treasury securities 10,082 (21 ) - - 10,082 (21 ) Obligations of states and political subdivisions 7,023 (57 ) 2,914 (16 ) 9,937 (73 ) Corporate obligations 5,822 (61 ) 2,138 (25 ) 7,960 (86 ) Mortgage-backed securities in government sponsored entities 9,830 (77 ) 227 (12 ) 10,057 (89 ) Equity securities in financial institutions 106 (5 ) - - 106 (5 ) Total securities $ 156,454 $ (748 ) $ 5,279 $ (53 ) $ 161,733 $ (801 ) As of September 30, 2016, 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 and mortgage backed securities issued by government sponsored entities. For fixed maturity investments 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, 2016 and 2015 were $12,077,000 and $18,393,000, respectively. There were no sales of available for sale securities during the three months ended September 30, 2016. For the three months ended September 30, 2015 there were sales of $5,187,000 of available-for-sale securities. The gross gains and losses were as follows (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Gross gains $ - $ 129 $ 155 $ 441 Gross losses - - - (11 ) Net gains $ - $ 129 $ 155 $ 430 Investment securities with an approximate carrying value of $224.9 million and $203.8 million at September 30, 2016 and December 31, 2015, 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, 2016, by contractual maturity, are shown below (in thousands): Amortized Cost Fair Value Available-for-sale debt securities: Due in one year or less $ 49,510 $ 49,724 Due after one year through five years 173,075 175,690 Due after five years through ten years 41,247 42,129 Due after ten years 77,698 78,893 Total $ 341,530 $ 346,436

Loans

Loans	9 Months Ended
	Sep. 30, 2016
Loans [Abstract]
Loans	Note 5 – Loans The Company grants loans primarily to customers throughout north central, central and south central Pennsylvania and the southern tier of New York. Although the Company had a diversified loan portfolio at September 30, 2016 and December 31, 2015, 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, 2016 and December 31, 2015 (in thousands): September 30, 2016 Total Loans Individually evaluated for impairment Loans acquired with deteriorated credit quality Collectively evaluated for impairment Real estate loans: Residential $ 205,092 $ 969 $ 35 $ 204,088 Commercial and agricultural 339,704 5,567 2,748 331,389 Construction 18,774 - - 18,774 Consumer 11,226 - 4 11,222 Other commercial and agricultural loans 78,258 5,428 778 72,052 State and political subdivision loans 98,239 - - 98,239 Total 751,293 11,964 3,565 735,764 Allowance for loan losses 8,194 482 - 7,712 Net loans $ 743,099 $ 11,482 $ 3,565 $ 728,052 December 31, 2015 Real estate loans: Residential $ 203,407 $ 304 $ 35 $ 203,068 Commercial and agricultural 295,364 6,235 2,908 286,221 Construction 15,011 - - 15,011 Consumer 11,543 - 9 11,534 Other commercial and agricultural loans 71,206 5,745 866 64,595 State and political subdivision loans 98,500 - - 98,500 Total 695,031 12,284 3,818 678,929 Allowance for loan losses 7,106 355 - 6,751 Net loans $ 687,925 $ 11,929 $ 3,818 $ 672,178 Purchased loans acquired in the FNB acquisition were recorded at fair value on their purchase date without a carryover of the related allowance for loan losses. Upon acquisition, the Company evaluated whether an acquired loan was within the scope of ASC 310-30, Receivables-Loans and Debt Securities Acquired with Deteriorated Credit Quality. Purchased credit-impaired ("PCI") loans are loans that have evidence of credit deterioration since origination and it is probable at the date of acquisition that the Company will not collect all contractually required principal and interest payments. Based upon management's review, there were no material increases or decreases in the expected cash flows of these loans between December 11, 2015 (the "acquisition date") and September 30, 2016. The fair value of PCI loans, on the acquisition date, was determined, primarily based on the fair value of the loans' collateral. The carrying value of PCI loans was $3,565,000 and $3,818,000 at September 30, 2016 and December 31, 2015, respectively. On the acquisition date, the unpaid principal balance for all PCI loans was $6,969,000 and the estimated fair value of the loans was $3,809,000. Total contractually required payments on these loans, including interest, at the acquisition date was $9,913,000. However, the Company's preliminary estimate of expected cash flows was $4,474,000. At such date, the Company established a credit risk related non-accretable discount (a discount representing amounts which are not expected to be collected from the customer nor liquidation of collateral) of $5,439,000 relating to these PCI loans, reflected in the recorded net fair value. Such amount is reflected as a non-accretable fair value adjustment to loans. The Company further estimated the timing and amount of expected cash flows and established an accretable discount of $665,000 on the acquisition date relating to these PCI loans. The carrying value of the PCI loans was determined by projected discounted contractual cash flows. Changes in the accretable yield for PCI loans were as follows for the three and nine months ended September 30, 2016 (in thousands): Three Months Ended Nine months Ended Balance at beginning of period $ 464 $ 637 Accretion (88 ) (261 ) Balance at end of period $ 376 $ 376 The following table presents additional information regarding loans acquired with specific evidence of deterioration in credit quality under ASC 310-30 (in thousands): September 30, 2016 December 31, 2015 Outstanding balance $ 6,774 $ 6,950 Carrying amount 3,565 3,818 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, c ertain 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. The following table includes the recorded investment and unpaid principal balances for impaired financing receivables by class, excluding PCI loans, with the associated allowance amount, if applicable (in thousands) Recorded Recorded Unpaid Investment Investment Total Principal With No With Recorded Related September 30, 2016 Balance Allowance Allowance Investment Allowance Real estate loans: Mortgages $ 959 $ 574 $ 337 $ 911 $ 28 Home Equity 58 - 58 58 11 Commercial 7,722 5,437 130 5,567 46 Agricultural - - - - - Construction - - - - - Consumer - - - - - Other commercial loans 5,591 4,494 934 5,428 397 Other agricultural loans - - - - - State and political subdivision loans - - - - - Total $ 14,330 $ 10,505 $ 1,459 $ 11,964 $ 482 December 31, 2015 Real estate loans: Mortgages $ 281 $ 114 $ 129 $ 243 $ 26 Home Equity 61 - 61 61 11 Commercial 8,654 5,843 225 6,068 62 Agricultural 167 167 - 167 - Construction - - - - - Consumer - - - - - Other commercial loans 5,535 4,653 987 5,640 256 Other agricultural loans 105 105 - 105 - State and political subdivision loans - - - - - Total $ 14,803 $ 10,882 $ 1,402 $ 12,284 $ 355 The following tables includes the average balance of impaired financing receivables by class and the income recognized on these receivables for the three and nine month periods ended September 30, 2016 and 2015(in thousands): For the Nine Months ended September 30, 2016 September 30, 2015 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 $ 486 $ 10 $ - $ 239 $ 8 $ 5 Home Equity 59 3 - 97 3 - Commercial 6,088 87 - 5,728 46 - Agricultural 110 7 - 19 1 - Construction - - - - - - Consumer - - - - - - Other commercial loans 5,743 187 5 2,488 64 4 Other agricultural loans 70 3 - 13 1 - State and political subdivision loans - - - - - - Total $ 12,556 $ 297 $ 5 $ 8,584 $ 123 $ 9 For the Three Months Ended September 30, 2016 September 30, 2015 Real estate loans: Mortgages $ 607 $ 1 $ - $ 269 $ 4 $ - Home Equity 58 1 - 62 1 - Commercial 5,980 35 - 5,462 14 - Agricultural - 2 - 57 1 - Construction - - - - - - Consumer - - - - - - Other commercial loans 5,298 53 2 2,107 15 1 Other agricultural loans - - - 38 1 - State and political subdivision loans - - - - - - Total $ 11,943 $ 92 $ 2 $ 7,995 $ 36 $ 1 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 or 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, 2016 and December 31, 2015 (in thousands) September 30, 2016 Pass Special Mention Substandard Doubtful Loss Ending Balance Real estate loans: Commercial $ 221,715 $ 13,935 $ 15,471 $ 28 $ - $ 251,149 Agricultural 76,500 8,969 3,086 - - 88,555 Construction 18,774 - - - - 18,774 Other commercial loans 49,987 1,964 4,980 131 - 57,062 Other agricultural loans 17,383 2,350 1,463 - - 21,196 State and political subdivision loans 84,541 13,698 - - - 98,239 Total $ 468,900 $ 40,916 $ 25,000 $ 159 $ - $ 534,975 December 31, 2015 Real estate loans: Commercial $ 217,544 $ 4,150 $ 15,816 $ 32 $ - $ 237,542 Agricultural 53,695 2,865 1,262 - - 57,822 Construction 14,422 589 - - - 15,011 Other commercial loans 51,297 446 5,669 137 - 57,549 Other agricultural loans 13,318 234 105 - - 13,657 State and political subdivision loans 98,500 - - - - 98,500 Total $ 448,776 $ 8,284 $ 22,852 $ 169 $ - $ 480,081 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, 2016 and December 31, 2015 ( in thousands) September 30, 2016 Performing Non-performing PCI Total Real estate loans: Mortgages $ 144,249 $ 1,846 $ 35 $ 146,130 Home Equity 58,845 117 - 58,962 Consumer 11,146 76 4 11,226 Total $ 214,240 $ 2,039 $ 39 $ 216,318 December 31, 2015 Performing Non-performing PCI Total Real estate loans: Mortgages $ 139,734 $ 1,270 $ 35 $ 141,039 Home Equity 62,236 132 - $ 62,368 Consumer 11,470 64 9 $ 11,543 Total $ 213,440 $ 1,466 $ 44 $ 214,950 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, 2016 and December 31, 2015 (in thousands): Total 90 Days or 30-59 Days 60-89 Days 90 Days Total Past Financing Greater and September 30, 2016 Past Due Past Due Or Greater Due Current PCI Receivables Accruing Real estate loans: Mortgages $ 720 $ 153 $ 1,128 $ 2,001 $ 144,094 $ 35 $ 146,130 $ 173 Home Equity 398 15 67 480 58,482 - 58,962 17 Commercial 2,151 251 4,065 6,467 242,675 2,007 251,149 259 Agricultural 2,415 177 58 2,650 85,164 741 88,555 58 Construction - - - - 18,774 - 18,774 - Consumer 149 42 52 243 10,979 4 11,226 34 Other commercial loans 303 - 4,015 4,318 51,966 778 57,062 - Other agricultural loans 1,151 260 - 1,411 19,785 - 21,196 - State and political subdivision loans - - - - 98,239 - 98,239 - Total $ 7,287 $ 898 $ 9,385 $ 17,570 $ 730,158 $ 3,565 $ 751,293 $ 541 Loans considered non-accrual $ 331 $ 19 $ 8,844 $ 9,194 $ 837 $ - $ 10,031 Loans still accruing 6,956 879 541 8,376 729,321 3,565 741,262 Total $ 7,287 $ 898 $ 9,385 $ 17,570 $ 730,158 $ 3,565 $ 751,293 December 31, 2015 Real estate loans: Mortgages $ 487 $ 283 $ 687 $ 1,457 $ 139,547 $ 35 $ 141,039 $ 321 Home Equity 630 15 121 766 61,602 - 62,368 73 Commercial 824 57 4,139 5,020 230,352 2,170 237,542 60 Agricultural 177 167 - 344 56,740 738 57,822 - Construction - - - - 15,011 - 15,011 - Consumer 239 37 49 325 11,209 9 11,543 9 Other commercial loans 143 214 1,010 1,367 55,316 866 57,549 160 Other agricultural loans 9 - - 9 13,648 - 13,657 - State and political subdivision loans - - - - 98,500 - 98,500 - Total $ 2,509 $ 773 $ 6,006 $ 9,288 $ 681,925 $ 3,818 $ 695,031 $ 623 Loans considered non-accrual $ 54 $ 171 $ 5,383 $ 5,608 $ 923 $ - $ 6,531 Loans still accruing 2,455 602 623 3,680 681,002 3,818 688,500 Total $ 2,509 $ 773 $ 6,006 $ 9,288 $ 681,925 $ 3,818 $ 695,031 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, excluding PCI loans, on non-accrual status as of September 30, 2016 and December 31, 2015, respectively. The balances are presented by class of financing receivable (in thousands): September 30, 2016 December 31, 2015 Real estate loans: Mortgages $ 1,673 $ 949 Home Equity 100 59 Commercial 4,056 4,422 Agricultural 26 34 Consumer 42 55 Other commercial loans 4,134 1,012 $ 10,031 $ 6,531 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 structure more affordable terms before their loan reaches nonaccrual status. These restructured 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, 2016 and December 31, 2015, included within the allowance for loan losses are reserves of $31,000 and $37,000 respectively, that are associated with loans modified as TDRs. Loan modifications that are considered TDRs completed during the three and nine months ended September 30, 2016 and for the nine months ended September 30, 2015 were as follows (dollars in thousands). There were no loan modifications that were considered TDRs during the three months ended September 30, 2015: For the Three Months Ended September 30, 2016 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 - 1 $ - $ 750 $ - $ 750 Other commercial loans - 3 - 3,076 - 3,076 Total - 4 $ - $ 3,826 $ - $ 3,826 For the Nine Months Ended September 30, 2016 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 - 4 $ - $ 1,188 $ - $ 1,188 Other commercial loans - 3 - 3,076 - 3,076 Total - 7 $ - $ 4,264 $ - $ 4,264 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 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. There were no loans that were modified as TDRs during each 12-month period prior to the current reporting periods, which began January 1, 2016 and 2015 (nine month periods) and July 1, 2016 and 2015 (3 month periods), respectively, that subsequently defaulted during these reporting periods. 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, 2016 and December 31, 2015, respectively (in thousands): September 30, 2016 December 31, 2015 Individually evaluated for impairment Collectively evaluated for impairment Total Individually evaluated for impairment Collectively evaluated for impairment Total Real estate loans: Residential $ 39 $ 974 $ 1,013 $ 37 $ 868 $ 905 Commercial and agricultural 46 4,560 4,606 62 3,723 3,785 Construction - 34 34 - 24 24 Consumer - 109 109 - 102 102 Other commercial and agricultural loans 397 1,245 1,642 256 1,049 1,305 State and political subdivision loans - 771 771 - 593 593 Unallocated - 19 19 - 392 392 Total $ 482 $ 7,712 $ 8,194 $ 355 $ 6,751 $ 7,106 The following tables roll forward the balance of the ALLL by portfolio segment for the three and nine month periods ended September 30, 2016 and 2015, respectively (in thousands): For the three months ended September 30, 2016 Balance at June 30, 2016 Charge-offs Recoveries Provision Balance at September 30, 2016 Real estate loans: Residential $ 990 $ (9 ) $ - $ 32 $ 1,013 Commercial and agricultural 3,919 (100 ) 467 320 4,606 Construction 18 - - 16 34 Consumer 104 (27 ) 16 16 109 Other commercial and agricultural loans 1,564 (37 ) 25 90 1,642 State and political - subdivision loans 764 - - 7 771 Unallocated - - - 19 19 Total $ 7,359 $ (173 ) $ 508 $ 500 $ 8,194 For the three months ended September 30, 2015 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 For the nine months ended September 30, 2016 Balance at December 31, 2015 Charge-offs Recoveries Provision Balance at September 30, 2016 Real estate loans: Residential $ 905 $ (52 ) $ - $ 160 $ 1,013 Commercial and agricultural 3,785 (100 ) 475 446 4,606 Construction 24 - - 10 34 Consumer 102 (65 ) 84 (12 ) 109 Other commercial and agricultural loans 1,305 (55 ) 31 361 1,642 State and political - subdivision loans 593 - - 178 771 Unallocated 392 - - (373 ) 19 Total $ 7,106 $ (272 ) $ 590 $ 770 $ 8,194 For the nine months ended September 30, 2015 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 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; · 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 analyzes its loan portfolio each quarter to determine the adequacy 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 2016: · The qualitative factors for changes in levels of and trends in delinquencies, impaired/classified loans were increased for residential, consumer and agricultural related loans due to an increase in past due, non-accrual and classified loans due to increase in the number of accounts past due. We did not increase this factor for other commercial loans due to the increase being caused by one relationship instreat of a larger trend. · 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 and segment that includes agricultural related loans due to the decrease in the price received for product sold and the increase in feed costs that has occurred in 2016, which negatively affected customer earnings. · 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 2016. · The qualitative factors for changes in quality of the institutions loan review system were increased for commercial and agricultural loans due to the addition of new staff and processes. · The qualitative factors for trends in volume, terms and nature of the loan portfolio were increased for all segments that include agricultural loans due to growth in these loan categories. · The qualitative factors for trends in volume, terms and nature of the loan portfolio were decreased for municipal loans due to this loan segment making up a smaller portion of the Bank's overall loan portfolio as we continue to grow commercial and agricultural loans. · The qualitative factors for experience, ability. and depth of lending management was decreased for municipal loans due to employees gaining additional experience and the use of a third party in reviewing loan information. The following qualitative factors experienced changes during the three months ended September 30, 2016: · The qualitative factors for changes in levels of and trends in delinquencies, impaired/classified loans were increased for all segments that agricultural related loans due to an increase in past due, non-accrual and classified loans. · The qualitative factors for changes in quality of the institutions loan review system were increased for commercial and agricultural loans due to the addition of new staff and processes. · The qualitative factors for trends in volume, terms and nature of the loan portfolio were increased for agricultural loans due to growth in these loan categories. · The qualitative factors for trends in volume, terms and nature of the loan portfolio were decreased for municipal loans due to this loan segment making up a smaller portion of the Bank's overall loan portfolio. · The qualitative factors for experience, ability, and depth of lending management was decreased for municipal loans due to employees gaining additional experience and the use of a third party in reviewing loan information. The increase in loan recoveries during the third quarter was primarily due to one customer that paid off a loan that was partially charged off in 2014 for $463,000. The increase in the overall provision for 2016 was due to loan growth, an increase in special mention and substandard loans and increases in delinquency. 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 c

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2016
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 6 – Goodwill and Other Intangible Assets The following table provides the gross carrying value and accumulated amortization of intangible assets as of September 30, 2016 and December 31, 2015 (in thousands): September 30, 2016 December 31, 2015 Gross carrying value Accumulated amortization Net carrying value Gross carrying value Accumulated amortization Net carrying value Amortizing intangible assets (1): Mortgage servicing rights $ 1,336 $ (770 ) $ 566 $ 1,336 $ (638 ) $ 698 Core deposit intangibles 1,641 (247 ) 1,394 1,641 (25 ) 1,616 Covenant not to compete 125 (26 ) 99 125 (2 ) 123 Total amortized intangible assets $ 3,102 $ (1,043 ) $ 2,059 $ 3,102 $ (665 ) $ 2,437 Non-amortized intangible assets: Goodwill $ 21,089 $ 21,089 (1) Excludes fully amortized intangible assets The following table provides the current year and estimated future amortization expense for amortized intangible assets. We based our projections of amortization expense shown below on existing asset balances at September 30, 2016. Future amortization expense may vary from these projections (in thousands): MSRs Core deposit intangibles Covenant not to compete Total Nine months ended September 30, 2016 (actual) $ 132 $ 222 $ 24 $ 378 Three months ended September 30, 2016 (actual) 42 74 8 124 Estimate for year ended December 31, Remaining 2016 41 74 7 122 2017 142 266 31 439 2018 113 236 31 380 2019 88 206 30 324 2020 66 177 - 243

Federal Home Loan Bank Stock

Federal Home Loan Bank Stock	9 Months Ended
	Sep. 30, 2016
Federal Home Loan Bank Stock [Abstract]
Federal Home Loan Bank Stock	Note 7 – 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, 2016 and December 31, 2015, the Bank's investment in FHLB stock was $3,375,000 and $2,800,000, respectively.

Repurchase Agreements

Repurchase Agreements	9 Months Ended
	Sep. 30, 2016
Repurchase Agreements [Abstract]
Repurchase Agreements	Note 8 – 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 value of the collateral segmented by the remaining contractual maturity of the repurchase agreements in the Consolidated Balance Sheets as of September 30, 2016 and D ecember 31, 2015 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than September 30, 2016 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 16,934 $ - $ - $ 2,122 $ 19,056 Total carrying value of collateral pledged $ 16,934 $ - $ - $ 2,122 $ 19,056 Total liability recognized for repurchase agreements $ 15,091 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than December 31, 2015 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 18,144 $ - $ - $ 2,049 $ 20,193 Total carrying value of collateral pledged $ 18,144 $ - $ - $ 2,049 $ 20,193 Total liability recognized for repurchase agreements $ 16,008

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2016
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 9 - 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 2015 Annual Report on Form 10-K. Noncontributory Defined Benefit Pension Plan The Bank sponsors a noncontributory defined benefit pension plan ("Pension Plan") covering employees and officers that were hired prior to January 1, 2007. Additionally, the Bank assumed the noncontributory defined benefit pension plan of FNB when it was acquired during 2015. The FNB plan was frozen prior to the acquisition and therefore, no additional benefits will accrue for employees covered under that plan. These two plans are collectively referred to herein as "the Plans." 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, 2016 and 2015, respectively (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Service cost $ 90 $ 110 $ 269 $ 242 Interest cost 172 128 517 281 Expected return on plan assets (260 ) (243 ) (780 ) (533 ) Net amortization and deferral 61 65 182 141 Net periodic benefit cost $ 63 $ 60 $ 188 $ 131 As of September 30, 2016, the Company had contributed $818,000 to the Pension Plans in 2016. 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. 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, 2016 and December 31, 2015, an obligation of $934,000 and $958,000, respectively, was included in other liabilities for this plan in the Consolidated Balance Sheet. 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. The plan was renewed in 2016, and currently includes a total of 150,000 shares of the Company's common stock that have been authorized under the Plan. As of September 30, 2016, 146,350 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 the three and nine month periods ended September 30, 2016: Three months Nine months Weighted Weighted Unvested Average Unvested Average Shares Market Price Shares Market Price Outstanding, beginning of period 8,603 $ 48.88 8,269 $ 49.98 Granted - - 3,650 47.81 Forfeited - - - - Vested - - (3,316 ) 50.45 Outstanding, end of period 8,603 $ 48.88 8,603 $ 48.88 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 $142,000 and $129,000 for the nine months ended September 30, 2016 and 2015, respectively. For the three months ended September 30, 2016 and 2015, compensation expense totaled $50,000 and $44,000, respectively. At September 30, 2016, the total compensation cost related to nonvested awards that has not yet been recognized was $421,000, which is expected to be recognized over the next 2.50 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, 2016 and December 31, 2015, an obligation of $1,430,000 and $1,339,000, respectively, was included in other liabilities for this plan in the Consolidated Balance Sheet. Expenses related to this plan totaled $91,000 and $106,000 for the nine months ended September 30, 2016 and 2015, respectively. Salary Continuation Plan The Company maintains a salary continuation plan for certain employees retained through the acquisition of FNB or that were formerly employed by FNB. At September 30, 2016 and December 31 2015, an obligation of $719,000 and $710,000 was included in other liabilities for this plan in the Consolidated Balance Sheet. Expenses related to this plan totaled $17,000 for the three months ended September 30, 2016. For the nine months ended September 30, 2016, expenses related to this plan totaled $49,000. Continuation of Life Insurance Plan The Company, as part of the acquisition of FNB, has promised a continuation of certain split-dollar life insurance policies that provide coverage to certain persons post-retirement. U.S. generally accepted accounting principles require the recording of post-retirement costs and a liability equal to the present value of the cost of post-retirement insurance during the person's term of service. The estimated present value of future benefits to be paid totaled $574,000 at both September 30, 2016 and December 31, 2015, which is included in other liabilities in the Consolidated Balance Sheet.

Accumulated Comprehensive Incom

Accumulated Comprehensive Income	9 Months Ended
	Sep. 30, 2016
Accumulated Comprehensive Income [Abstract]
Accumulated Comprehensive Income	Note 10 – 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, 2016 and 2015 (in thousands): Three months ended September 30, 2016 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of June 30, 2016 $ 4,403 $ (2,361 ) $ 2,042 Other comprehensive loss before reclassifications (net of tax) (692 ) - (692 ) Amounts reclassified from accumulated other comprehensive income (net of tax) - 40 40 Net current period other comprehensive income (loss) (692 ) 40 (652 ) Balance as of September 30, 2016 $ 3,711 $ (2,321 ) $ 1,390 Nine months ended September 30, 2016 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2015 $ 2,204 $ (2,440 ) $ (236 ) Other comprehensive income before reclassifications (net of tax) 1,609 - 1,609 Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) (102 ) 119 17 Net current period other comprehensive income 1,507 119 1,626 Balance as of September 30, 2016 $ 3,711 $ (2,321 ) $ 1,390 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 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 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 (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, 2016 and 2015 (in thousands): Details about accumulated other comprehensive income (loss) Amount reclassified from accumulated comprehensive income (loss) (a) Affected line item in the Consolidated Statement of Income Three Months Ended September 30, 2016 2015 Unrealized gains and losses on available for sale securities $ - $ 129 Investment securities gains, net - (44 ) Provision for income taxes $ - $ 85 Net of tax Defined benefit pension items $ (61 ) $ (51 ) Salaries and employee benefits 21 17 Provision for income taxes $ (40 ) $ (34 ) Net of tax Total reclassifications $ (40 ) $ 51 Nine Months Ended September 30, 2016 2015 Unrealized gains and losses on available for sale securities $ 155 $ 430 Investment securities gains, net (53 ) (146 ) Provision for income taxes $ 102 $ 284 Net of tax Defined benefit pension items $ (181 ) $ (153 ) Salaries and employee benefits 62 52 Provision for income taxes $ (119 ) $ (101 ) Net of tax Total reclassifications $ (17 ) $ 183 (a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2016
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 11 – Fair Value Measurements The Company has 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, 2016 and December 31, 2015 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, 2016 Level I Level II Level III Total Fair value measurements on a recurring basis: Assets Securities available for sale: U.S. Agency securities $ - $ 190,766 $ - $ 190,766 U.S. Treasury securities 5,020 - - 5,020 Obligations of state and political subdivisions - 102,222 - 102,222 Corporate obligations - 14,376 - 14,376 Mortgage-backed securities in government sponsored entities - 34,052 - 34,052 Equity securities in financial institutions 2,718 - - 2,718 December 31, 2015 Fair value measurements on a recurring basis: Securities available for sale: U.S. Agency securities $ - $ 199,591 $ - $ 199,591 U.S. Treasuries securities 10,082 - - 10,082 Obligations of state and political subdivisions - 102,863 - 102,863 Corporate obligations - 14,565 - 14,565 Mortgage-backed securities in government sponsored entities - 30,204 - 30,204 Equity securities in financial institutions 2,432 - - 2,432 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 and non-financial liabilities measured at fair value in the second step of a goodwill impairment test, and intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. Non-financial assets measured at fair value on a non-recurring basis during 2016 and 2015 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. Assets measured at fair value on a nonrecurring basis as of September 30, 2016 and December 31, 2015 are included in the table below ( in thousands) September 30, 2016 Level I Level II Level III Total Impaired Loans $ - $ - $ 830 $ 830 Other real estate owned - - 799 799 December 31, 2015 Impaired Loans $ - $ - $ 894 $ 894 Other real estate owned - - 1,197 1,197 · Impaired Loans - · Other Real Estate Owned (OREO) – 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). Quantitative Information about Level III Fair Value Measurements September 30, 2016 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Impaired Loans $ 830 Appraised Collateral Values Discount to appraised value 0-75 % 40.43 % Selling costs 5%-10 % 8.11 % Holding period 6 - 12 months 10 months Other real estate owned 799 Appraised Collateral Values Discount to appraised value 0-37 % 25.90 % December 31, 2015 Fair Value Valuation Technique(s) Unobservable input Range Impaired Loans 894 Appraised Collateral Values Discount to appraised value 0-70 % 46.50 % Selling costs 4%-10 % 7.75 % Holding period 0 - 12 months 10 months Other real estate owned 1,197 Appraised Collateral Values Discount to appraised value 0-75 % 25 % The fair values of the Company's financial instruments are as follows (in thousands): Carrying September 30, 2016 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 16,371 $ 16,371 $ 16,371 $ - $ - Interest bearing time deposits with other banks 6,955 6,961 - - 6,961 Available-for-sale securities 349,154 349,154 7,738 341,416 Loans held for sale 576 576 576 Net loans 743,099 764,383 - - 764,383 Bank owned life insurance 26,050 26,050 26,050 - - Regulatory stock 4,139 4,139 4,139 - - Accrued interest receivable 3,988 3,988 3,988 - - Financial liabilities: Deposits $ 1,008,747 $ 1,009,877 $ 742,676 $ - $ 267,201 Borrowed funds 51,859 50,674 12,740 - 37,934 Accrued interest payable 636 636 636 - - Carrying December 31, 2015 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 24,384 $ 24,384 $ 24,384 $ - $ - Interest bearing time deposits with other banks 7,696 7,705 - - 7,705 Available-for-sale securities 359,737 359,737 12,514 347,223 - Loans held for sale 603 603 603 Net loans 687,925 712,524 - - 712,524 Bank owned life insurance 25,535 25,535 25,535 - - Regulatory stock 3,459 3,459 3,459 - - Accrued interest receivable 4,211 4,211 4,211 - - Financial liabilities: Deposits $ 988,031 $ 987,542 $ 706,121 $ - $ 281,421 Borrowed funds 41,631 38,863 1,598 - 37,265 Accrued interest payable 734 734 734 - 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, 2016
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 12 – Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers In April 2015, the FASB issued ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30) , as part of its initiative to reduce complexity in accounting standards. To simplify presentation of debt issuance costs, the amendments in this Update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. An entity should apply the new guidance on a retrospective basis, wherein the balance sheet of each individual period In August 2015, the FASB issued ASU 2015-14, Revenue from Contract with Customers (Topic 606). The amendments in this Update defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. All other entities should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after Dece In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805). The amendments in this Update require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this Update require that the acquirer record, in the same period's financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this Update require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for fiscal years beginning after December In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) rlier application permitted as of the beginning of an interim or annual reporting period. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operations. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606). The amendments in this Update affect entities with transactions included within the scope of Topic 606, which includes entities that enter into contracts with customers to transfer goods or services (that are an output of the entity's ordinary activities) in exchange for consideration. The amendments in this update do not change the core principle of the guidance in Topic 606; they simply clarify the implementation guidance on principal versus agent considerations. The amendments in this Update are intended to improve the operability and understandability of the implementation guidance on principal versus agent considerations. The amendments in this Update affect the guidance in ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which is not yet effective. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements of Update 2014-09. ASU No. 2015-14, Revenue from Contracts wi th Customers (Topic 606): Deferral of the Effective Date, defers the effective date of Update 2014-09 by one year. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operations. In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718) . The amendments in this Update affect all entities that issue share-based payment awards to their employees. The standards in this Update provide simplification for several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as with equity or liabilities, and classification on the statement of cash flows. Some of the areas for simplification apply only to nonpublic entities. In addition to those simplifications, the amendments eliminate the guidance in Topic 718 that was indefinitely deferred shortly after the issuance of FASB Statement No. 123 (revised 2004), Share-Based Payment . This should not result in a change in practice because the guidance that is being superseded was never effective. For public business entities, the amendments in this Update are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments are effective for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15 , 2018. Early adoption is permitted for any entity in any interim or annual period. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operations. In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606). The amendments in this Update affect entities with transactions included within the scope of Topic 606, which includes entities that enter into contracts with customers to transfer goods or services in exchange for consideration. The amendments in this Update do not change the core principle for revenue recognition in Topic 606. Instead, the amendments provide (1) more detailed guidance in a few areas and (2) additional implementation guidance and examples based on feedback the FASB received from its stakeholders. The amendments are expected to reduce the degree of judgment necessary to comply with Topic 606, which the FASB expects will reduce the potential for diversity arising in practice and reduce the cost and complexity of applying the guidance. The amendments in this Update affect the guidance in ASU 2014-09, Revenue from Contracts with Customers (Topic 606) , which is not yet effective. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements in Topic 606 (and any other Topic amended by Update 2014-09). ASU 2015-14, Revenue from Contracts with Customers (Topic 606) : Deferral of the Effective Date, defers the effective date of Update 2014-09 by one year. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operations. In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses: Measurement of Credit Losses on Financial Instruments interim periods beginning after December 15, 2018. With certain exceptions, transition to the new requirements will be through a cumulative effect adjustment to opening retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The Company is currently evaluating the impact the adoption of the standard will have on the Company's financial position or results of operations. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2016
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 September 30, September 30, 2016 2015 2016 2015 Net income applicable to common stock $ 3,153,000 $ 2,857,000 $ 9,467,000 $ 9,166,000 Basic earnings per share computation Weighted average common shares outstanding 3,339,962 3,044,311 3,346,623 3,051,826 Earnings per share - basic $ 0.94 $ 0.94 $ 2.83 $ 3.00 Diluted earnings per share computation Weighted average common shares outstanding for basic earnings per share 3,339,962 3,044,311 3,346,623 3,051,826 Add: Dilutive effects of restricted stock 1,694 1,464 1,698 1,468 Weighted average common shares outstanding for dilutive earnings per share 3,341,656 3,045,775 3,348,321 3,053,294 Earnings per share - diluted $ 0.94 $ 0.94 $ 2.83 $ 3.00

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2016
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, 2016 and December 31, 2015 were as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair September 30, 2016 Cost Gains Losses Value Available-for-sale securities: U.S. agency securities $ 188,936 $ 1,839 $ (9 ) $ 190,766 U.S. treasury securities 5,013 7 - 5,020 Obligations of state and political subdivisions 99,557 2,702 (37 ) 102,222 Corporate obligations 14,359 17 - 14,376 Mortgage-backed securities in government sponsored entities 33,665 420 (33 ) 34,052 Equity securities in financial institutions 2,002 716 - 2,718 Total available-for-sale securities $ 343,532 $ 5,701 $ (79 ) $ 349,154 December 31, 2015 Available-for-sale securities: U.S. agency securities $ 199,749 $ 369 $ (527 ) $ 199,591 U.S. treasury securities 10,103 - (21 ) 10,082 Obligations of state and political subdivisions 99,856 3,080 (73 ) 102,863 Corporate obligations 14,583 68 (86 ) 14,565 Mortgage-backed securities in government sponsored entities 30,107 186 (89 ) 30,204 Equity securities in financial institutions 2,001 436 (5 ) 2,432 Total available-for-sale securities $ 356,399 $ 4,139 $ (801 ) $ 359,737
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, 2016 and December 31, 2015 (in thousands). As of September 30, 2016, the Company owned 24 securities whose fair value was less than their cost basis. September 30, 2016 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 $ 6,998 $ (9 ) $ - $ - $ 6,998 $ (9 ) Obligations of state and political subdivisions 9,244 (37 ) - - 9,244 (37 ) Mortgage-backed securities in government sponsored entities 3,568 (18 ) 1,855 (15 ) 5,423 (33 ) Total securities $ 19,810 $ (64 ) $ 1,855 $ (15 ) $ 21,665 $ (79 ) December 31, 2015 U.S. agency securities $ 123,591 $ (527 ) $ - $ - $ 123,591 $ (527 ) U.S. treasury securities 10,082 (21 ) - - 10,082 (21 ) Obligations of states and political subdivisions 7,023 (57 ) 2,914 (16 ) 9,937 (73 ) Corporate obligations 5,822 (61 ) 2,138 (25 ) 7,960 (86 ) Mortgage-backed securities in government sponsored entities 9,830 (77 ) 227 (12 ) 10,057 (89 ) Equity securities in financial institutions 106 (5 ) - - 106 (5 ) Total securities $ 156,454 $ (748 ) $ 5,279 $ (53 ) $ 161,733 $ (801 )
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, 2016 2015 2016 2015 Gross gains $ - $ 129 $ 155 $ 441 Gross losses - - - (11 ) Net gains $ - $ 129 $ 155 $ 430
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, 2016, by contractual maturity, are shown below (in thousands): Amortized Cost Fair Value Available-for-sale debt securities: Due in one year or less $ 49,510 $ 49,724 Due after one year through five years 173,075 175,690 Due after five years through ten years 41,247 42,129 Due after ten years 77,698 78,893 Total $ 341,530 $ 346,436

Loans (Tables)

Loans (Tables)	9 Months Ended
	Sep. 30, 2016
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, 2016 and December 31, 2015 (in thousands): September 30, 2016 Total Loans Individually evaluated for impairment Loans acquired with deteriorated credit quality Collectively evaluated for impairment Real estate loans: Residential $ 205,092 $ 969 $ 35 $ 204,088 Commercial and agricultural 339,704 5,567 2,748 331,389 Construction 18,774 - - 18,774 Consumer 11,226 - 4 11,222 Other commercial and agricultural loans 78,258 5,428 778 72,052 State and political subdivision loans 98,239 - - 98,239 Total 751,293 11,964 3,565 735,764 Allowance for loan losses 8,194 482 - 7,712 Net loans $ 743,099 $ 11,482 $ 3,565 $ 728,052 December 31, 2015 Real estate loans: Residential $ 203,407 $ 304 $ 35 $ 203,068 Commercial and agricultural 295,364 6,235 2,908 286,221 Construction 15,011 - - 15,011 Consumer 11,543 - 9 11,534 Other commercial and agricultural loans 71,206 5,745 866 64,595 State and political subdivision loans 98,500 - - 98,500 Total 695,031 12,284 3,818 678,929 Allowance for loan losses 7,106 355 - 6,751 Net loans $ 687,925 $ 11,929 $ 3,818 $ 672,178
Accretable yield for purchased credit impaired loans	Changes in the accretable yield for PCI loans were as follows for the three and nine months ended September 30, 2016 (in thousands): Three Months Ended Nine months Ended Balance at beginning of period $ 464 $ 637 Accretion (88 ) (261 ) Balance at end of period $ 376 $ 376
Loans acquired with specific evidence of deterioration in credit quality	The following table presents additional information regarding loans acquired with specific evidence of deterioration in credit quality under ASC 310-30 (in thousands): September 30, 2016 December 31, 2015 Outstanding balance $ 6,774 $ 6,950 Carrying amount 3,565 3,818
Impaired financing receivables with associated allowance amount	The following table includes the recorded investment and unpaid principal balances for impaired financing receivables by class, excluding PCI loans, with the associated allowance amount, if applicable (in thousands) Recorded Recorded Unpaid Investment Investment Total Principal With No With Recorded Related September 30, 2016 Balance Allowance Allowance Investment Allowance Real estate loans: Mortgages $ 959 $ 574 $ 337 $ 911 $ 28 Home Equity 58 - 58 58 11 Commercial 7,722 5,437 130 5,567 46 Agricultural - - - - - Construction - - - - - Consumer - - - - - Other commercial loans 5,591 4,494 934 5,428 397 Other agricultural loans - - - - - State and political subdivision loans - - - - - Total $ 14,330 $ 10,505 $ 1,459 $ 11,964 $ 482 December 31, 2015 Real estate loans: Mortgages $ 281 $ 114 $ 129 $ 243 $ 26 Home Equity 61 - 61 61 11 Commercial 8,654 5,843 225 6,068 62 Agricultural 167 167 - 167 - Construction - - - - - Consumer - - - - - Other commercial loans 5,535 4,653 987 5,640 256 Other agricultural loans 105 105 - 105 - State and political subdivision loans - - - - - Total $ 14,803 $ 10,882 $ 1,402 $ 12,284 $ 355 The following tables includes the average balance of impaired financing receivables by class and the income recognized on these receivables for the three and nine month periods ended September 30, 2016 and 2015(in thousands): For the Nine Months ended September 30, 2016 September 30, 2015 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 $ 486 $ 10 $ - $ 239 $ 8 $ 5 Home Equity 59 3 - 97 3 - Commercial 6,088 87 - 5,728 46 - Agricultural 110 7 - 19 1 - Construction - - - - - - Consumer - - - - - - Other commercial loans 5,743 187 5 2,488 64 4 Other agricultural loans 70 3 - 13 1 - State and political subdivision loans - - - - - - Total $ 12,556 $ 297 $ 5 $ 8,584 $ 123 $ 9 For the Three Months Ended September 30, 2016 September 30, 2015 Real estate loans: Mortgages $ 607 $ 1 $ - $ 269 $ 4 $ - Home Equity 58 1 - 62 1 - Commercial 5,980 35 - 5,462 14 - Agricultural - 2 - 57 1 - Construction - - - - - - Consumer - - - - - - Other commercial loans 5,298 53 2 2,107 15 1 Other agricultural loans - - - 38 1 - State and political subdivision loans - - - - - - Total $ 11,943 $ 92 $ 2 $ 7,995 $ 36 $ 1
Summary of financing receivable credit exposures by internally assigned grades	The following tables represent credit exposures by internally assigned grades as of September 30, 2016 and December 31, 2015 (in thousands) September 30, 2016 Pass Special Mention Substandard Doubtful Loss Ending Balance Real estate loans: Commercial $ 221,715 $ 13,935 $ 15,471 $ 28 $ - $ 251,149 Agricultural 76,500 8,969 3,086 - - 88,555 Construction 18,774 - - - - 18,774 Other commercial loans 49,987 1,964 4,980 131 - 57,062 Other agricultural loans 17,383 2,350 1,463 - - 21,196 State and political subdivision loans 84,541 13,698 - - - 98,239 Total $ 468,900 $ 40,916 $ 25,000 $ 159 $ - $ 534,975 December 31, 2015 Real estate loans: Commercial $ 217,544 $ 4,150 $ 15,816 $ 32 $ - $ 237,542 Agricultural 53,695 2,865 1,262 - - 57,822 Construction 14,422 589 - - - 15,011 Other commercial loans 51,297 446 5,669 137 - 57,549 Other agricultural loans 13,318 234 105 - - 13,657 State and political subdivision loans 98,500 - - - - 98,500 Total $ 448,776 $ 8,284 $ 22,852 $ 169 $ - $ 480,081 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, 2016 and December 31, 2015 ( in thousands) September 30, 2016 Performing Non-performing PCI Total Real estate loans: Mortgages $ 144,249 $ 1,846 $ 35 $ 146,130 Home Equity 58,845 117 - 58,962 Consumer 11,146 76 4 11,226 Total $ 214,240 $ 2,039 $ 39 $ 216,318 December 31, 2015 Performing Non-performing PCI Total Real estate loans: Mortgages $ 139,734 $ 1,270 $ 35 $ 141,039 Home Equity 62,236 132 - $ 62,368 Consumer 11,470 64 9 $ 11,543 Total $ 213,440 $ 1,466 $ 44 $ 214,950
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, 2016 and December 31, 2015 (in thousands): Total 90 Days or 30-59 Days 60-89 Days 90 Days Total Past Financing Greater and September 30, 2016 Past Due Past Due Or Greater Due Current PCI Receivables Accruing Real estate loans: Mortgages $ 720 $ 153 $ 1,128 $ 2,001 $ 144,094 $ 35 $ 146,130 $ 173 Home Equity 398 15 67 480 58,482 - 58,962 17 Commercial 2,151 251 4,065 6,467 242,675 2,007 251,149 259 Agricultural 2,415 177 58 2,650 85,164 741 88,555 58 Construction - - - - 18,774 - 18,774 - Consumer 149 42 52 243 10,979 4 11,226 34 Other commercial loans 303 - 4,015 4,318 51,966 778 57,062 - Other agricultural loans 1,151 260 - 1,411 19,785 - 21,196 - State and political subdivision loans - - - - 98,239 - 98,239 - Total $ 7,287 $ 898 $ 9,385 $ 17,570 $ 730,158 $ 3,565 $ 751,293 $ 541 Loans considered non-accrual $ 331 $ 19 $ 8,844 $ 9,194 $ 837 $ - $ 10,031 Loans still accruing 6,956 879 541 8,376 729,321 3,565 741,262 Total $ 7,287 $ 898 $ 9,385 $ 17,570 $ 730,158 $ 3,565 $ 751,293 December 31, 2015 Real estate loans: Mortgages $ 487 $ 283 $ 687 $ 1,457 $ 139,547 $ 35 $ 141,039 $ 321 Home Equity 630 15 121 766 61,602 - 62,368 73 Commercial 824 57 4,139 5,020 230,352 2,170 237,542 60 Agricultural 177 167 - 344 56,740 738 57,822 - Construction - - - - 15,011 - 15,011 - Consumer 239 37 49 325 11,209 9 11,543 9 Other commercial loans 143 214 1,010 1,367 55,316 866 57,549 160 Other agricultural loans 9 - - 9 13,648 - 13,657 - State and political subdivision loans - - - - 98,500 - 98,500 - Total $ 2,509 $ 773 $ 6,006 $ 9,288 $ 681,925 $ 3,818 $ 695,031 $ 623 Loans considered non-accrual $ 54 $ 171 $ 5,383 $ 5,608 $ 923 $ - $ 6,531 Loans still accruing 2,455 602 623 3,680 681,002 3,818 688,500 Total $ 2,509 $ 773 $ 6,006 $ 9,288 $ 681,925 $ 3,818 $ 695,031
Summary of financing receivables on nonaccrual status	The following table reflects the financing receivables, excluding PCI loans, on non-accrual status as of September 30, 2016 and December 31, 2015, respectively. The balances are presented by class of financing receivable (in thousands): September 30, 2016 December 31, 2015 Real estate loans: Mortgages $ 1,673 $ 949 Home Equity 100 59 Commercial 4,056 4,422 Agricultural 26 34 Consumer 42 55 Other commercial loans 4,134 1,012 $ 10,031 $ 6,531
Summary of troubled debt restructurings on financing receivables	Loan modifications that are considered TDRs completed during the three and nine months ended September 30, 2016 and for the nine months ended September 30, 2015 were as follows (dollars in thousands). There were no loan modifications that were considered TDRs during the three months ended September 30, 2015: For the Three Months Ended September 30, 2016 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 - 1 $ - $ 750 $ - $ 750 Other commercial loans - 3 - 3,076 - 3,076 Total - 4 $ - $ 3,826 $ - $ 3,826 For the Nine Months Ended September 30, 2016 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 - 4 $ - $ 1,188 $ - $ 1,188 Other commercial loans - 3 - 3,076 - 3,076 Total - 7 $ - $ 4,264 $ - $ 4,264 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
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, 2016 and December 31, 2015, respectively (in thousands): September 30, 2016 December 31, 2015 Individually evaluated for impairment Collectively evaluated for impairment Total Individually evaluated for impairment Collectively evaluated for impairment Total Real estate loans: Residential $ 39 $ 974 $ 1,013 $ 37 $ 868 $ 905 Commercial and agricultural 46 4,560 4,606 62 3,723 3,785 Construction - 34 34 - 24 24 Consumer - 109 109 - 102 102 Other commercial and agricultural loans 397 1,245 1,642 256 1,049 1,305 State and political subdivision loans - 771 771 - 593 593 Unallocated - 19 19 - 392 392 Total $ 482 $ 7,712 $ 8,194 $ 355 $ 6,751 $ 7,106
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, 2016 and 2015, respectively (in thousands): For the three months ended September 30, 2016 Balance at June 30, 2016 Charge-offs Recoveries Provision Balance at September 30, 2016 Real estate loans: Residential $ 990 $ (9 ) $ - $ 32 $ 1,013 Commercial and agricultural 3,919 (100 ) 467 320 4,606 Construction 18 - - 16 34 Consumer 104 (27 ) 16 16 109 Other commercial and agricultural loans 1,564 (37 ) 25 90 1,642 State and political - subdivision loans 764 - - 7 771 Unallocated - - - 19 19 Total $ 7,359 $ (173 ) $ 508 $ 500 $ 8,194 For the three months ended September 30, 2015 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 For the nine months ended September 30, 2016 Balance at December 31, 2015 Charge-offs Recoveries Provision Balance at September 30, 2016 Real estate loans: Residential $ 905 $ (52 ) $ - $ 160 $ 1,013 Commercial and agricultural 3,785 (100 ) 475 446 4,606 Construction 24 - - 10 34 Consumer 102 (65 ) 84 (12 ) 109 Other commercial and agricultural loans 1,305 (55 ) 31 361 1,642 State and political - subdivision loans 593 - - 178 771 Unallocated 392 - - (373 ) 19 Total $ 7,106 $ (272 ) $ 590 $ 770 $ 8,194 For the nine months ended September 30, 2015 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

Goodwill and Other Intangible22

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Goodwill and Other Intangible Assets [Abstract]
Schedule of gross carrying value and accumulated amortization of intangible assets	The following table provides the gross carrying value and accumulated amortization of intangible assets as of September 30, 2016 and December 31, 2015 (in thousands): September 30, 2016 December 31, 2015 Gross carrying value Accumulated amortization Net carrying value Gross carrying value Accumulated amortization Net carrying value Amortizing intangible assets (1): Mortgage servicing rights $ 1,336 $ (770 ) $ 566 $ 1,336 $ (638 ) $ 698 Core deposit intangibles 1,641 (247 ) 1,394 1,641 (25 ) 1,616 Covenant not to compete 125 (26 ) 99 125 (2 ) 123 Total amortized intangible assets $ 3,102 $ (1,043 ) $ 2,059 $ 3,102 $ (665 ) $ 2,437 Non-amortized intangible assets: Goodwill $ 21,089 $ 21,089 (1) Excludes fully amortized intangible assets
Schedule of future amortization expense for amortized intangible assets	The following table provides the current year and estimated future amortization expense for amortized intangible assets. We based our projections of amortization expense shown below on existing asset balances at September 30, 2016. Future amortization expense may vary from these projections (in thousands): MSRs Core deposit intangibles Covenant not to compete Total Nine months ended September 30, 2016 (actual) $ 132 $ 222 $ 24 $ 378 Three months ended September 30, 2016 (actual) 42 74 8 124 Estimate for year ended December 31, Remaining 2016 41 74 7 122 2017 142 266 31 439 2018 113 236 31 380 2019 88 206 30 324 2020 66 177 - 243

Repurchase Agreements (Tables)

Repurchase Agreements (Tables)	9 Months Ended
	Sep. 30, 2016
Repurchase Agreements [Abstract]
Remaining contractual maturity of the repurchase agreements	The value of the collateral segmented by the remaining contractual maturity of the repurchase agreements in the Consolidated Balance Sheets as of September 30, 2016 and D ecember 31, 2015 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than September 30, 2016 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 16,934 $ - $ - $ 2,122 $ 19,056 Total carrying value of collateral pledged $ 16,934 $ - $ - $ 2,122 $ 19,056 Total liability recognized for repurchase agreements $ 15,091 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than December 31, 2015 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 18,144 $ - $ - $ 2,049 $ 20,193 Total carrying value of collateral pledged $ 18,144 $ - $ - $ 2,049 $ 20,193 Total liability recognized for repurchase agreements $ 16,008

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2016
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, 2016 and 2015, respectively (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Service cost $ 90 $ 110 $ 269 $ 242 Interest cost 172 128 517 281 Expected return on plan assets (260 ) (243 ) (780 ) (533 ) Net amortization and deferral 61 65 182 141 Net periodic benefit cost $ 63 $ 60 $ 188 $ 131
Schedule of restricted stock activity	The following table details the vesting, awarding and forfeiting of restricted shares during the three and nine month periods ended September 30, 2016: Three months Nine months Weighted Weighted Unvested Average Unvested Average Shares Market Price Shares Market Price Outstanding, beginning of period 8,603 $ 48.88 8,269 $ 49.98 Granted - - 3,650 47.81 Forfeited - - - - Vested - - (3,316 ) 50.45 Outstanding, end of period 8,603 $ 48.88 8,603 $ 48.88

Accumulated Comprehensive Inc25

Accumulated Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2016
Accumulated Comprehensive Income [Abstract]
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, 2016 and 2015 (in thousands): Three months ended September 30, 2016 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of June 30, 2016 $ 4,403 $ (2,361 ) $ 2,042 Other comprehensive loss before reclassifications (net of tax) (692 ) - (692 ) Amounts reclassified from accumulated other comprehensive income (net of tax) - 40 40 Net current period other comprehensive income (loss) (692 ) 40 (652 ) Balance as of September 30, 2016 $ 3,711 $ (2,321 ) $ 1,390 Nine months ended September 30, 2016 Unrealized gain (loss) on available for sale securities (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2015 $ 2,204 $ (2,440 ) $ (236 ) Other comprehensive income before reclassifications (net of tax) 1,609 - 1,609 Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) (102 ) 119 17 Net current period other comprehensive income 1,507 119 1,626 Balance as of September 30, 2016 $ 3,711 $ (2,321 ) $ 1,390 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 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 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 (a) Amounts in parentheses indicate debits to the Consolidated Balance Sheet
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, 2016 and 2015 (in thousands): Details about accumulated other comprehensive income (loss) Amount reclassified from accumulated comprehensive income (loss) (a) Affected line item in the Consolidated Statement of Income Three Months Ended September 30, 2016 2015 Unrealized gains and losses on available for sale securities $ - $ 129 Investment securities gains, net - (44 ) Provision for income taxes $ - $ 85 Net of tax Defined benefit pension items $ (61 ) $ (51 ) Salaries and employee benefits 21 17 Provision for income taxes $ (40 ) $ (34 ) Net of tax Total reclassifications $ (40 ) $ 51 Nine Months Ended September 30, 2016 2015 Unrealized gains and losses on available for sale securities $ 155 $ 430 Investment securities gains, net (53 ) (146 ) Provision for income taxes $ 102 $ 284 Net of tax Defined benefit pension items $ (181 ) $ (153 ) Salaries and employee benefits 62 52 Provision for income taxes $ (119 ) $ (101 ) Net of tax Total reclassifications $ (17 ) $ 183 (a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016
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, 2016 and December 31, 2015 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, 2016 Level I Level II Level III Total Fair value measurements on a recurring basis: Assets Securities available for sale: U.S. Agency securities $ - $ 190,766 $ - $ 190,766 U.S. Treasury securities 5,020 - - 5,020 Obligations of state and political subdivisions - 102,222 - 102,222 Corporate obligations - 14,376 - 14,376 Mortgage-backed securities in government sponsored entities - 34,052 - 34,052 Equity securities in financial institutions 2,718 - - 2,718 December 31, 2015 Fair value measurements on a recurring basis: Securities available for sale: U.S. Agency securities $ - $ 199,591 $ - $ 199,591 U.S. Treasuries securities 10,082 - - 10,082 Obligations of state and political subdivisions - 102,863 - 102,863 Corporate obligations - 14,565 - 14,565 Mortgage-backed securities in government sponsored entities - 30,204 - 30,204 Equity securities in financial institutions 2,432 - - 2,432
Summary of assets measured at fair value on non-recurring basis	Assets measured at fair value on a nonrecurring basis as of September 30, 2016 and December 31, 2015 are included in the table below ( in thousands) September 30, 2016 Level I Level II Level III Total Impaired Loans $ - $ - $ 830 $ 830 Other real estate owned - - 799 799 December 31, 2015 Impaired Loans $ - $ - $ 894 $ 894 Other real estate owned - - 1,197 1,197
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). Quantitative Information about Level III Fair Value Measurements September 30, 2016 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Impaired Loans $ 830 Appraised Collateral Values Discount to appraised value 0-75 % 40.43 % Selling costs 5%-10 % 8.11 % Holding period 6 - 12 months 10 months Other real estate owned 799 Appraised Collateral Values Discount to appraised value 0-37 % 25.90 % December 31, 2015 Fair Value Valuation Technique(s) Unobservable input Range Impaired Loans 894 Appraised Collateral Values Discount to appraised value 0-70 % 46.50 % Selling costs 4%-10 % 7.75 % Holding period 0 - 12 months 10 months Other real estate owned 1,197 Appraised Collateral Values Discount to appraised value 0-75 % 25 %
Fair value of financial instruments	The fair values of the Company's financial instruments are as follows (in thousands): Carrying September 30, 2016 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 16,371 $ 16,371 $ 16,371 $ - $ - Interest bearing time deposits with other banks 6,955 6,961 - - 6,961 Available-for-sale securities 349,154 349,154 7,738 341,416 Loans held for sale 576 576 576 Net loans 743,099 764,383 - - 764,383 Bank owned life insurance 26,050 26,050 26,050 - - Regulatory stock 4,139 4,139 4,139 - - Accrued interest receivable 3,988 3,988 3,988 - - Financial liabilities: Deposits $ 1,008,747 $ 1,009,877 $ 742,676 $ - $ 267,201 Borrowed funds 51,859 50,674 12,740 - 37,934 Accrued interest payable 636 636 636 - - Carrying December 31, 2015 Amount Fair Value Level I Level II Level III Financial assets: Cash and due from banks $ 24,384 $ 24,384 $ 24,384 $ - $ - Interest bearing time deposits with other banks 7,696 7,705 - - 7,705 Available-for-sale securities 359,737 359,737 12,514 347,223 - Loans held for sale 603 603 603 Net loans 687,925 712,524 - - 712,524 Bank owned life insurance 25,535 25,535 25,535 - - Regulatory stock 3,459 3,459 3,459 - - Accrued interest receivable 4,211 4,211 4,211 - - Financial liabilities: Deposits $ 988,031 $ 987,542 $ 706,121 $ - $ 281,421 Borrowed funds 41,631 38,863 1,598 - 37,265 Accrued interest payable 734 734 734 -

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings per share basic and diluted [Abstract]
Net income applicable to common stock	$ 3,153	$ 2,857	$ 9,467	$ 9,166
Basic earnings per share computation [Abstract]
Weighted average common shares outstanding (in shares)	3,339,962	3,044,311	3,346,623	3,051,826
Earnings per share - basic (in dollars per share)	$ 0.94	$ 0.94	$ 2.83	$ 3
Diluted earnings per share computation [Abstract]
Weighted average common shares outstanding for basic earnings per share (in shares)	3,339,962	3,044,311	3,346,623	3,051,826
Add: Dilutive effects of restricted stock (in shares)	1,694	1,464	1,698	1,468
Weighted average common shares outstanding for dilutive earnings per share (in shares)	3,341,656	3,045,775	3,348,321	3,053,294
Earnings per share - diluted (in dollars per share)	$ 0.94	$ 0.94	$ 2.83	$ 3
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)	3,804	2,696	3,804	2,696
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)	$ 46.69	$ 44.50	$ 46.69	$ 44.50
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	$ 53.15	$ 53.15	$ 53.15

Income Tax Expense (Details)

Income Tax Expense (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)Partnership	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)Partnership
Income Tax Expense [Abstract]
Investments in number of partnerships | Partnership			4		4
Investment amount in partnerships	$ 765,000		$ 765,000		$ 959,000
Investment Tax Credit Carryforward [Member]
Tax Credit Carryforward [Line Items]
Investment tax credits	895,000		$ 895,000
Tax credits recognition period			6 years 3 months
Tax credits recognized as reduction of tax expense amount	$ 50,000	$ 50,000	$ 149,000	$ 149,000

Investments (Details)

Investments (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)Security	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)Security	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	$ 343,532		$ 343,532		$ 356,399
Gross Unrealized Gains	5,701		5,701		4,139
Gross Unrealized Losses	(79)		(79)		(801)
Fair Value	$ 349,154		$ 349,154		359,737
Number of securities owned with fair value less than cost | Security	24		24
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	$ 19,810		$ 19,810		156,454
Twelve Months or Greater, Fair Value	1,855		1,855		5,279
Total, Fair Value	21,665		21,665		161,733
Less than Twelve Months, Gross Unrealized Losses	(64)		(64)		(748)
Twelve Months or Greater, Gross Unrealized Losses	(15)		(15)		(53)
Total, Gross Unrealized Losses	(79)		$ (79)		(801)
Duration securities impaired, minimum			1 year
Proceeds from sale of securities available-for-sale	0	$ 5,187	$ 12,077	$ 18,393
Realized investment gains (losses) [Abstract]
Gross gains	0	129	155	441
Gross losses	0	0	0	(11)
Net gains	0	$ 129	155	$ 430
Investment securities pledged as collateral	224,900		224,900		203,800
Available-for-Sale Debt Securities, Amortized Cost [Abstract]
Due in one year or less	49,510		49,510
Due after one year through five years	173,075		173,075
Due after five years through ten years	41,247		41,247
Due after ten years	77,698		77,698
Total	341,530		341,530
Available-for-Sale Debt Securities, Fair Value [Abstract]
Due in one year or less	49,724		49,724
Due after one year through five years	175,690		175,690
Due after five years through ten years	42,129		42,129
Due after ten years	78,893		78,893
Total	346,436		346,436
U.S. Agency Securities [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	188,936		188,936		199,749
Gross Unrealized Gains	1,839		1,839		369
Gross Unrealized Losses	(9)		(9)		(527)
Fair Value	190,766		190,766		199,591
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	6,998		6,998		123,591
Twelve Months or Greater, Fair Value	0		0		0
Total, Fair Value	6,998		6,998		123,591
Less than Twelve Months, Gross Unrealized Losses	(9)		(9)		(527)
Twelve Months or Greater, Gross Unrealized Losses	0		0		0
Total, Gross Unrealized Losses	(9)		(9)		(527)
U.S. Treasury Securities [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	5,013		5,013		10,103
Gross Unrealized Gains	7		7		0
Gross Unrealized Losses	0		0		(21)
Fair Value	5,020		5,020		10,082
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value					10,082
Twelve Months or Greater, Fair Value					0
Total, Fair Value					10,082
Less than Twelve Months, Gross Unrealized Losses					(21)
Twelve Months or Greater, Gross Unrealized Losses					0
Total, Gross Unrealized Losses					(21)
Obligations of State and Political Subdivisions [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	99,557		99,557		99,856
Gross Unrealized Gains	2,702		2,702		3,080
Gross Unrealized Losses	(37)		(37)		(73)
Fair Value	102,222		102,222		102,863
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	9,244		9,244		7,023
Twelve Months or Greater, Fair Value	0		0		2,914
Total, Fair Value	9,244		9,244		9,937
Less than Twelve Months, Gross Unrealized Losses	(37)		(37)		(57)
Twelve Months or Greater, Gross Unrealized Losses	0		0		(16)
Total, Gross Unrealized Losses	(37)		(37)		(73)
Corporate Obligations [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	14,359		14,359		14,583
Gross Unrealized Gains	17		17		68
Gross Unrealized Losses	0		0		(86)
Fair Value	14,376		14,376		14,565
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value					5,822
Twelve Months or Greater, Fair Value					2,138
Total, Fair Value					7,960
Less than Twelve Months, Gross Unrealized Losses					(61)
Twelve Months or Greater, Gross Unrealized Losses					(25)
Total, Gross Unrealized Losses					(86)
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	33,665		33,665		30,107
Gross Unrealized Gains	420		420		186
Gross Unrealized Losses	(33)		(33)		(89)
Fair Value	34,052		34,052		30,204
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value	3,568		3,568		9,830
Twelve Months or Greater, Fair Value	1,855		1,855		227
Total, Fair Value	5,423		5,423		10,057
Less than Twelve Months, Gross Unrealized Losses	(18)		(18)		(77)
Twelve Months or Greater, Gross Unrealized Losses	(15)		(15)		(12)
Total, Gross Unrealized Losses	(33)		(33)		(89)
Equity Securities in Financial Institutions [Member]
Available for Sale Securities Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value [Abstract]
Amortized Cost	2,002		2,002		2,001
Gross Unrealized Gains	716		716		436
Gross Unrealized Losses	0		0		(5)
Fair Value	$ 2,718		$ 2,718		2,432
Available-For-Sale Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than Twelve Months, Fair Value					106
Twelve Months or Greater, Fair Value					0
Total, Fair Value					106
Less than Twelve Months, Gross Unrealized Losses					(5)
Twelve Months or Greater, Gross Unrealized Losses					0
Total, Gross Unrealized Losses					$ (5)

Loans (Details)

Loans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Dec. 31, 2015	Dec. 11, 2015
Segments of loan portfolio and allowance for loan losses [Abstract]
Total financing receivables					$ 751,293,000	$ 695,031,000
Individually evaluated for impairment					11,964,000	12,284,000
Loans acquired with deteriorated credit quality					3,565,000	3,818,000
Collectively evaluated for impairment					735,764,000	678,929,000
Allowance for loan losses					8,194,000	7,106,000
Allowance for loan losses related to individually evaluated for impairment					482,000	355,000
Allowance for loan losses related to loans acquired with deteriorated credit quality					0	0
Allowance for loan losses related to collectively evaluated for impairment					7,712,000	6,751,000
Net loans					743,099,000	687,925,000
Net loans, individually evaluated for impairment					11,482,000	11,929,000
Net loans, loans acquired with deteriorated credit quality					3,565,000	3,818,000
Net loans, collectively evaluated for impairment					728,052,000	672,178,000
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					482,000	355,000
Collectively evaluated for impairment					7,712,000	6,751,000
Total	$ 8,194,000	$ 6,959,000	$ 7,106,000	$ 6,815,000	8,194,000	7,106,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	7,359,000	6,959,000	7,106,000	6,815,000
Charge-offs	(173,000)	(51,000)	(272,000)	(166,000)
Recoveries	508,000	17,000	590,000	36,000
Provision	500,000	120,000	770,000	360,000
Balance at end of period	8,194,000	7,045,000	$ 8,194,000	7,045,000
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 financing receivables					205,092,000	203,407,000
Individually evaluated for impairment					969,000	304,000
Loans acquired with deteriorated credit quality					35,000	35,000
Collectively evaluated for impairment					204,088,000	203,068,000
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					39,000	37,000
Collectively evaluated for impairment					974,000	868,000
Total	1,013,000	931,000	$ 1,013,000	878,000	1,013,000	905,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	990,000	931,000	905,000	878,000
Charge-offs	(9,000)	0	(52,000)	(34,000)
Recoveries	0	0	0	0
Provision	32,000	(18,000)	160,000	69,000
Balance at end of period	1,013,000	913,000	1,013,000	913,000
Commercial and Agricultural Real Estate Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total financing receivables					339,704,000	295,364,000
Individually evaluated for impairment					5,567,000	6,235,000
Loans acquired with deteriorated credit quality					2,748,000	2,908,000
Collectively evaluated for impairment					331,389,000	286,221,000
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					46,000	62,000
Collectively evaluated for impairment					4,560,000	3,723,000
Total	4,606,000	3,679,000	3,785,000	3,870,000	4,606,000	3,785,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	3,919,000	3,679,000	3,785,000	3,870,000
Charge-offs	(100,000)	0	(100,000)	(56,000)
Recoveries	467,000	4,000	475,000	11,000
Provision	320,000	120,000	446,000	(22,000)
Balance at end of period	4,606,000	3,803,000	4,606,000	3,803,000
Construction Real Estate Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total financing receivables					18,774,000	15,011,000
Individually evaluated for impairment					0	0
Loans acquired with deteriorated credit quality					0	0
Collectively evaluated for impairment					18,774,000	15,011,000
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					34,000	24,000
Total	34,000	14,000	34,000	26,000	34,000	24,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	18,000	14,000	24,000	26,000
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	16,000	3,000	10,000	(9,000)
Balance at end of period	34,000	17,000	34,000	17,000
Consumer [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total financing receivables					11,226,000	11,543,000
Individually evaluated for impairment					0	0
Loans acquired with deteriorated credit quality					4,000	9,000
Collectively evaluated for impairment					11,222,000	11,534,000
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					109,000	102,000
Total	109,000	89,000	109,000	84,000	109,000	102,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	104,000	89,000	102,000	84,000
Charge-offs	(27,000)	(11,000)	(65,000)	(35,000)
Recoveries	16,000	13,000	84,000	25,000
Provision	16,000	0	(12,000)	17,000
Balance at end of period	109,000	91,000	109,000	91,000
Other Commercial and Agricultural Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total financing receivables					78,258,000	71,206,000
Individually evaluated for impairment					5,428,000	5,745,000
Loans acquired with deteriorated credit quality					778,000	866,000
Collectively evaluated for impairment					72,052,000	64,595,000
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					397,000	256,000
Collectively evaluated for impairment					1,245,000	1,049,000
Total	1,642,000	1,502,000	1,642,000	1,224,000	1,642,000	1,305,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1,564,000	1,502,000	1,305,000	1,224,000
Charge-offs	(37,000)	(40,000)	(55,000)	(41,000)
Recoveries	25,000	0	31,000	0
Provision	90,000	(17,000)	361,000	262,000
Balance at end of period	1,642,000	1,445,000	1,642,000	1,445,000
State and Political Subdivision Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total financing receivables					98,239,000	98,500,000
Individually evaluated for impairment					0	0
Loans acquired with deteriorated credit quality					0	0
Collectively evaluated for impairment					98,239,000	98,500,000
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					771,000	593,000
Total	771,000	568,000	771,000	545,000	771,000	593,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	764,000	568,000	593,000	545,000
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	7,000	18,000	178,000	41,000
Balance at end of period	771,000	586,000	771,000	586,000
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					19,000	392,000
Total	19,000	176,000	19,000	188,000	19,000	392,000
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	0	176,000	392,000	188,000
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	19,000	14,000	(373,000)	2,000
Balance at end of period	19,000	$ 190,000	19,000	$ 190,000
First National Bank of Fredericksburg [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Unpaid principal balance amount							$ 6,969,000
Estimated fair value							3,809,000
Contractually required principal and interest at acquisition							9,913,000
Expected cash flows							4,474,000
Non-accretable discount							5,439,000
Accretable discount	464,000		637,000		376,000	637,000	$ 665,000
Changes in the accretable yield for purchased credit-impaired loans [Roll Forward]
Balance at beginning of period	464,000		637,000
Accretion	(88,000)		(261,000)
Balance at end of period	$ 376,000		$ 376,000
Loans acquired with specific evidence of deterioration in credit quality [Abstract]
Outstanding balance					6,774,000	6,950,000
Carrying amount					$ 3,565,000	$ 3,818,000

Loans, Impaired Financing Recei

Loans, Impaired Financing Receivable (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	$ 14,330		$ 14,330		$ 14,803
Recorded Investment With No Allowance	10,505		10,505		10,882
Recorded Investment With Allowance	1,459		1,459		1,402
Total Recorded Investment	11,964		11,964		12,284
Related Allowance	482		482		355
Average Recorded Investment	11,943	$ 7,995	12,556	$ 8,584
Interest Income Recognized	92	36	297	123
Interest Income Recognized Cash Basis	2	1	5	9
Real Estate Loans [Member] | Mortgages [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	959		959		281
Recorded Investment With No Allowance	574		574		114
Recorded Investment With Allowance	337		337		129
Total Recorded Investment	911		911		243
Related Allowance	28		28		26
Average Recorded Investment	607	269	486	239
Interest Income Recognized	1	4	10	8
Interest Income Recognized Cash Basis	0	0	0	5
Real Estate Loans [Member] | Home Equity [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	58		58		61
Recorded Investment With No Allowance	0		0		0
Recorded Investment With Allowance	58		58		61
Total Recorded Investment	58		58		61
Related Allowance	11		11		11
Average Recorded Investment	58	62	59	97
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	7,722		7,722		8,654
Recorded Investment With No Allowance	5,437		5,437		5,843
Recorded Investment With Allowance	130		130		225
Total Recorded Investment	5,567		5,567		6,068
Related Allowance	46		46		62
Average Recorded Investment	5,980	5,462	6,088	5,728
Interest Income Recognized	35	14	87	46
Interest Income Recognized Cash Basis	0	0	0	0
Real Estate Loans [Member] | Agricultural [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	0		0		167
Recorded Investment With No Allowance	0		0		167
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	0		0		167
Related Allowance	0		0		0
Average Recorded Investment	0	57	110	19
Interest Income Recognized	2	1	7	1
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	0	0	0
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	5,591		5,591		5,535
Recorded Investment With No Allowance	4,494		4,494		4,653
Recorded Investment With Allowance	934		934		987
Total Recorded Investment	5,428		5,428		5,640
Related Allowance	397		397		256
Average Recorded Investment	5,298	2,107	5,743	2,488
Interest Income Recognized	53	15	187	64
Interest Income Recognized Cash Basis	2	1	5	4
Other Agricultural Loans [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	0		0		105
Recorded Investment With No Allowance	0		0		105
Recorded Investment With Allowance	0		0		0
Total Recorded Investment	0		0		105
Related Allowance	0		0		0
Average Recorded Investment	0	38	70	13
Interest Income Recognized	0	1	3	1
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, 2016	Dec. 31, 2015
Financing Receivable by credit exposure [Abstract]
Total	$ 216,318,000	$ 214,950,000
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	$ 1,000,000
Amount over which all relationships to be reviewed	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	251,149,000	237,542,000
Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	88,555,000	57,822,000
Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	18,774,000	15,011,000
Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	146,130,000	141,039,000
Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	58,962,000	62,368,000
Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	11,226,000	11,543,000
Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	57,062,000	57,549,000
Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	21,196,000	13,657,000
State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	98,239,000	98,500,000
Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total	468,900,000	448,776,000
Pass [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	221,715,000	217,544,000
Pass [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	76,500,000	53,695,000
Pass [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	18,774,000	14,422,000
Pass [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	49,987,000	51,297,000
Pass [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	17,383,000	13,318,000
Pass [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	84,541,000	98,500,000
Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total	40,916,000	8,284,000
Special Mention [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	13,935,000	4,150,000
Special Mention [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	8,969,000	2,865,000
Special Mention [Member] | Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	589,000
Special Mention [Member] | Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	1,964,000	446,000
Special Mention [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	2,350,000	234,000
Special Mention [Member] | State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	13,698,000	0
Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total	25,000,000	22,852,000
Substandard [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	15,471,000	15,816,000
Substandard [Member] | Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total	3,086,000	1,262,000
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	4,980,000	5,669,000
Substandard [Member] | Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total	1,463,000	105,000
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	159,000	169,000
Doubtful [Member] | Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total	28,000	32,000
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	131,000	137,000
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	534,975,000	480,081,000
Performing [Member]
Financing Receivable by credit exposure [Abstract]
Total	214,240,000	213,440,000
Performing [Member] | Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	144,249,000	139,734,000
Performing [Member] | Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	58,845,000	62,236,000
Performing [Member] | Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	11,146,000	11,470,000
Nonperforming [Member]
Financing Receivable by credit exposure [Abstract]
Total	2,039,000	1,466,000
Nonperforming [Member] | Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	1,846,000	1,270,000
Nonperforming [Member] | Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	117,000	132,000
Nonperforming [Member] | Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	76,000	64,000
PCI [Member]
Financing Receivable by credit exposure [Abstract]
Total	39,000	44,000
PCI [Member] | Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total	35,000	35,000
PCI [Member] | Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total	0	0
PCI [Member] | Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total	$ 4,000	$ 9,000

Loans, Past Due (Details)

Loans, Past Due (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Recorded investment of past due [Abstract]
Total Past Due	$ 17,570	$ 9,288
Current	730,158	681,925
PCI	3,565	3,818
Total financing receivables	751,293	695,031
90 Days or Greater and Accruing	541	623
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	9,194	5,608
Current And Non-accrual	837	923
PCI Loans considered non accrual	0	0
Financing receivable nonaccrual status	10,031	6,531
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	8,376	3,680
Current And Still Accruing	729,321	681,002
PCI Loans still accruing	3,565	3,818
Total Financing Receivables And Still Accruing	$ 741,262	688,500
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	$ 7,287	2,509
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	331	54
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	6,956	2,455
60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	898	773
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	19	171
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	879	602
90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	9,385	6,006
Financing receivables on nonaccrual status [Abstract]
Total Past Due And Non-accrual	8,844	5,383
Financing receivables on accrual status [Abstract]
Total Past Due And Still Accruing	541	623
Real Estate Loans [Member] | Mortgages [Member]
Recorded investment of past due [Abstract]
Total Past Due	2,001	1,457
Current	144,094	139,547
PCI	35	35
Total financing receivables	146,130	141,039
90 Days or Greater and Accruing	173	321
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	1,673	949
Real Estate Loans [Member] | Mortgages [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	720	487
Real Estate Loans [Member] | Mortgages [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	153	283
Real Estate Loans [Member] | Mortgages [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	1,128	687
Real Estate Loans [Member] | Home Equity [Member]
Recorded investment of past due [Abstract]
Total Past Due	480	766
Current	58,482	61,602
PCI	0	0
Total financing receivables	58,962	62,368
90 Days or Greater and Accruing	17	73
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	100	59
Real Estate Loans [Member] | Home Equity [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	398	630
Real Estate Loans [Member] | Home Equity [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	15	15
Real Estate Loans [Member] | Home Equity [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	67	121
Real Estate Loans [Member] | Commercial [Member]
Recorded investment of past due [Abstract]
Total Past Due	6,467	5,020
Current	242,675	230,352
PCI	2,007	2,170
Total financing receivables	251,149	237,542
90 Days or Greater and Accruing	259	60
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	4,056	4,422
Real Estate Loans [Member] | Commercial [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	2,151	824
Real Estate Loans [Member] | Commercial [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	251	57
Real Estate Loans [Member] | Commercial [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	4,065	4,139
Real Estate Loans [Member] | Agricultural [Member]
Recorded investment of past due [Abstract]
Total Past Due	2,650	344
Current	85,164	56,740
PCI	741	738
Total financing receivables	88,555	57,822
90 Days or Greater and Accruing	58	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	26	34
Real Estate Loans [Member] | Agricultural [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	2,415	177
Real Estate Loans [Member] | Agricultural [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	177	167
Real Estate Loans [Member] | Agricultural [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	58	0
Real Estate Loans [Member] | Construction [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	0
Current	18,774	15,011
PCI	0	0
Total financing receivables	18,774	15,011
90 Days or Greater and Accruing	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	243	325
Current	10,979	11,209
PCI	4	9
Total financing receivables	11,226	11,543
90 Days or Greater and Accruing	34	9
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	42	55
Consumer [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	149	239
Consumer [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	42	37
Consumer [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	52	49
Other Commercial Loans [Member]
Recorded investment of past due [Abstract]
Total Past Due	4,318	1,367
Current	51,966	55,316
PCI	778	866
Total financing receivables	57,062	57,549
90 Days or Greater and Accruing	0	160
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	4,134	1,012
Other Commercial Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	303	143
Other Commercial Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	0	214
Other Commercial Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total Past Due	4,015	1,010
Other Agricultural Loans [Member]
Recorded investment of past due [Abstract]
Total Past Due	1,411	9
Current	19,785	13,648
PCI	0	0
Total financing receivables	21,196	13,657
90 Days or Greater and Accruing	0	0
Other Agricultural Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	1,151	9
Other Agricultural Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total Past Due	260	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	98,239	98,500
PCI	0	0
Total financing receivables	98,239	98,500
90 Days or Greater and Accruing	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		12 Months Ended
	Sep. 30, 2016USD ($)Contract	Sep. 30, 2015USD ($)Contract	Sep. 30, 2016USD ($)Contract	Sep. 30, 2015USD ($)Contract	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)
Loans [Abstract]
Reserves of allowance for loan losses	$ 31,000		$ 31,000			$ 37,000
Financing receivable modifications [Abstract]
Number of contracts | Contract		0
Number of contract, subsequently defaults | Contract	0	0	0	0
Partially charged off	$ 173,000	$ 51,000	$ 272,000	$ 166,000
Foreclosed assets held for sale [Abstract]
Foreclosed assets held for sale	$ 1,198,000		$ 1,198,000			$ 1,354,000
Customer One [Member]
Financing receivable modifications [Abstract]
Partially charged off					$ 463,000
Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0		0	1
Pre-modification Outstanding Recorded Investment	$ 0		$ 0	$ 71,000
Post-Modification Outstanding Recorded Investment	$ 0		$ 0	$ 71,000
Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	4		7	1
Pre-modification Outstanding Recorded Investment	$ 3,826,000		$ 4,264,000	$ 19,000
Post-Modification Outstanding Recorded Investment	$ 3,826,000		$ 4,264,000	$ 19,000
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] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0		0
Pre-modification Outstanding Recorded Investment	$ 0		$ 0
Post-Modification Outstanding Recorded Investment	$ 0		$ 0
Real Estate Loans [Member] | Commercial [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	1		4
Pre-modification Outstanding Recorded Investment	$ 750,000		$ 1,188,000
Post-Modification Outstanding Recorded Investment	$ 750,000		$ 1,188,000
Other Commercial Loans [Member] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0		0
Pre-modification Outstanding Recorded Investment	$ 0		$ 0
Post-Modification Outstanding Recorded Investment	$ 0		$ 0
Other Commercial Loans [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	3		3
Pre-modification Outstanding Recorded Investment	$ 3,076,000		$ 3,076,000
Post-Modification Outstanding Recorded Investment	3,076,000		3,076,000
Consumer Residential Mortgages [Member]
Foreclosed assets held for sale [Abstract]
Foreclosed assets held for sale	325,000		325,000
Formal foreclosure proceedings on potential foreclosure assets	$ 1,265,000		$ 1,265,000

Goodwill and Other Intangible35

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
		Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	$ 3,102	$ 3,102	$ 3,102
Accumulated amortization	[1]	(1,043)	(1,043)	(665)
Net carrying value	[1]	2,059	2,059	2,437
Non-amortized intangible assets [Abstract]
Goodwill		21,089	21,089	21,089
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		124	378
Estimated Amortization Expense [Abstract]
Remaining 2,016		122	122
2,017		439	439
2,018		380	380
2,019		324	324
2,020		243	243
Mortgage Servicing Rights [Member]
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	1,336	1,336	1,336
Accumulated amortization	[1]	(770)	(770)	(638)
Net carrying value	[1]	566	566	698
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		42	132
Estimated Amortization Expense [Abstract]
Remaining 2,016		41	41
2,017		142	142
2,018		113	113
2,019		88	88
2,020		66	66
Core Deposit Intangibles [Member]
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	1,641	1,641	1,641
Accumulated amortization	[1]	(247)	(247)	(25)
Net carrying value	[1]	1,394	1,394	1,616
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		74	222
Estimated Amortization Expense [Abstract]
Remaining 2,016		74	74
2,017		266	266
2,018		236	236
2,019		206	206
2,020		177	177
Covenant not to Compete [Member]
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	125	125	125
Accumulated amortization	[1]	(26)	(26)	(2)
Net carrying value	[1]	99	99	$ 123
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		8	24
Estimated Amortization Expense [Abstract]
Remaining 2,016		7	7
2,017		31	31
2,018		31	31
2,019		30	30
2,020		$ 0	$ 0
[1]	Excludes fully amortized intangible assets

Federal Home Loan Bank Stock (D

Federal Home Loan Bank Stock (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Federal Home Loan Bank Stock [Abstract]
Federal home loan bank stock	$ 3,375,000	$ 2,800,000
FHLB Stock, at par value (in dollars per share)	$ 100

Repurchase Agreements (Details)

Repurchase Agreements (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	$ 19,056	$ 20,193
Total liability recognized for repurchase agreements	15,091	16,008
U.S. Agency Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	19,056	20,193
Overnight and Continuous [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	16,934	18,144
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	16,934	18,144
Up to 30 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Total carrying value of collateral pledged	0	0
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	0
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	2,122	2,049
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	$ 2,122	$ 2,049

Employee Benefit Plans (Details

Employee Benefit Plans (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)Plan$ / sharesshares	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Employee Benefit Plans [Abstract]
Number of plans | Plan			2
Defined Contribution Plan [Abstract]
Employer contribution to 401 (k) defined contribution plan	$ 89,000	$ 60,000	$ 269,000	$ 215,000
Directors [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Deferred compensation liability	934,000		934,000		$ 958,000
Deferred interest expense	3,000	5,000	11,000	17,000
Pension Plan [Member]
Components of net periodic benefit cost [Abstract]
Service cost	90,000	110,000	269,000	242,000
Interest cost	172,000	128,000	517,000	281,000
Expected return on plan assets	(260,000)	(243,000)	(780,000)	(533,000)
Net amortization and deferral	61,000	65,000	182,000	141,000
Net periodic benefit cost	63,000	60,000	188,000	131,000
Defined Benefit Plans Other Disclosure [Abstract]
Employer contribution to pension plan			818,000
Supplemental Executive Retirement Plans [Member]
Defined Benefit Plans Other Disclosure [Abstract]
Obligation included in other liabilities	1,430,000		1,430,000		1,339,000
Cost recognized	30,000	35,000	91,000	106,000
Continuation of Life Insurance Plan [Member]
Defined Benefit Plans Other Disclosure [Abstract]
Obligation included in other liabilities	574,000		574,000		574,000
Salary Continuation Plan [Member]
Defined Benefit Plans Other Disclosure [Abstract]
Obligation included in other liabilities	719,000		719,000		$ 710,000
Cost recognized	$ 17,000		$ 49,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares) | shares	150,000		150,000
Number of shares available for grant (in shares) | shares	146,350		146,350
Restricted stock activity [Roll Forward]
Outstanding, beginning of period (in shares) | shares	8,603		8,269
Granted (in shares) | shares	0		3,650
Forfeited (in shares) | shares	0		0
Vested (in shares) | shares	0		(3,316)
Outstanding, end of period (in shares) | shares	8,603		8,603
Weighted average market price [Roll Forward]
Outstanding, beginning of period (in dollars per share) | $ / shares	$ 48.88		$ 49.98
Granted (in dollars per share) | $ / shares	0		47.81
Forfeited (in dollars per share) | $ / shares	0		0
Vested (in dollars per share) | $ / shares	0		50.45
Outstanding, end of period (in dollars per share) | $ / shares	$ 48.88		$ 48.88
Additional General Disclosures [Abstract]
Share-based compensation expense	$ 50,000	$ 44,000	$ 142,000	$ 129,000
Compensation cost related to nonvested awards that has not yet been recognized	$ 421,000		$ 421,000
Period over which compensation cost is expected to be recognized			2 years 6 months

Accumulated Comprehensive Inc39

Accumulated Comprehensive Income (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance				$ 119,760
Other comprehensive income (loss) before reclassifications (net of tax)		$ (692)	$ 722	1,609	$ 258
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)		40	(51)	17	(183)
Other comprehensive income (loss), net of tax		(652)	671	1,626	75
Ending Balance		125,550		125,550
Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance		2,042	171	(236)	767
Ending Balance		1,390	842	1,390	842
Unrealized Gains (Loss) on Available for Sale Securities [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	[1]	4,403	2,430	2,204	3,093
Other comprehensive income (loss) before reclassifications (net of tax)	[1]	(692)	722	1,609	258
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)	[1]	0	(85)	(102)	(284)
Other comprehensive income (loss), net of tax	[1]	(692)	637	1,507	(26)
Ending Balance	[1]	3,711	3,067	3,711	3,067
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	[1]	(2,361)	(2,259)	(2,440)	(2,326)
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]	40	34	119	101
Other comprehensive income (loss), net of tax	[1]	40	34	119	101
Ending Balance	[1]	$ (2,321)	$ (2,225)	$ (2,321)	$ (2,225)
[1]	Amounts in parentheses indicate debits to the Consolidated Balance Sheet

Accumulated Comprehensive Inc40

Accumulated Comprehensive Income, Reclassification (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Investment securities gains, net		$ 0	$ 129	$ 155	$ 430
Salaries and employee benefits		(4,285)	(3,069)	(12,067)	(9,118)
Provision for income taxes		(767)	(681)	(2,245)	(2,200)
NET INCOME		3,153	2,857	9,467	9,166
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
NET INCOME	[1]	(40)	51	(17)	183
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]	0	129	155	430
Provision for income taxes	[1]	0	(44)	(53)	(146)
NET INCOME	[1]	0	85	102	284
Defined Benefit Pension Items [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	[1]	(61)	(51)	(181)	(153)
Provision for income taxes	[1]	21	17	62	52
NET INCOME	[1]	$ (40)	$ (34)	$ (119)	$ (101)
[1]	Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income

Fair Value Measurements, Measur

Fair Value Measurements, Measured On A Recurring And Nonrecurring Basis (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Impaired loans, estimated selling cost	$ 104,000	$ 91,000
Recurring [Member]
Securities available for sale [Abstract]
U.S. Agency securities	190,766,000	199,591,000
U.S. Treasuries securities	5,020,000	10,082,000
Obligations of state and political subdivisions	102,222,000	102,863,000
Corporate obligations	14,376,000	14,565,000
Mortgage-backed securities in government sponsored entities	34,052,000	30,204,000
Equity securities in financial institutions	2,718,000	2,432,000
Recurring [Member] | Level I [Member]
Securities available for sale [Abstract]
U.S. Agency securities	0	0
U.S. Treasuries securities	5,020,000	10,082,000
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	2,718,000	2,432,000
Recurring [Member] | Level II [Member]
Securities available for sale [Abstract]
U.S. Agency securities	190,766,000	199,591,000
U.S. Treasuries securities	0	0
Obligations of state and political subdivisions	102,222,000	102,863,000
Corporate obligations	14,376,000	14,565,000
Mortgage-backed securities in government sponsored entities	34,052,000	30,204,000
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	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	830,000	894,000
Other real estate owned	799,000	1,197,000
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	830,000	894,000
Other real estate owned	$ 799,000	$ 1,197,000

Fair Value Measurements, Quanti

Fair Value Measurements, Quantitative Information (Details) - Appraised Collateral Values [Member] - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 830	$ 894
Valuation Technique(s)	Appraised Collateral Values	Appraised Collateral Values
Impaired Loans [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	0.00%	0.00%
Selling costs	5.00%	4.00%
Holding period	6 months	0 months
Impaired Loans [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	75.00%	70.00%
Selling costs	10.00%	10.00%
Holding period	12 months	12 months
Impaired Loans [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	40.43%	46.50%
Selling costs	8.11%	7.75%
Holding period	10 months	10 months
Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value	$ 799	$ 1,197
Valuation Technique(s)	Appraised Collateral Values	Appraised Collateral Values
Other Real Estate Owned [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	0.00%	0.00%
Other Real Estate Owned [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	37.00%	75.00%
Other Real Estate Owned [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	25.90%	25.00%

Fair Value Measurements, By Bal

Fair Value Measurements, By Balance Sheet Grouping (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Financial assets [Abstract]
Interest bearing time deposits with other banks	$ 6,955	$ 7,696
Available-for-sale securities	$ 349,154	359,737
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	$ 16,371	24,384
Interest bearing time deposits with other banks	0	0
Available-for-sale securities	7,738	12,514
Loans held for sale	576	603
Net loans	0	0
Bank owned life insurance	26,050	25,535
Regulatory stock	4,139	3,459
Accrued interest receivable	3,988	4,211
Financial liabilities [Abstract]
Deposits	742,676	706,121
Borrowed funds	12,740	1,598
Accrued interest payable	636	734
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	341,416	347,223
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	6,961	7,705
Available-for-sale securities		0
Net loans	764,383	712,524
Bank owned life insurance	0	0
Regulatory stock	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	267,201	281,421
Borrowed funds	37,934	37,265
Accrued interest payable	0
Carrying Amount [Member]
Financial assets [Abstract]
Cash and due from banks	16,371	24,384
Interest bearing time deposits with other banks	6,955	7,696
Available-for-sale securities	349,154	359,737
Loans held for sale	576	603
Net loans	743,099	687,925
Bank owned life insurance	26,050	25,535
Regulatory stock	4,139	3,459
Accrued interest receivable	3,988	4,211
Financial liabilities [Abstract]
Deposits	1,008,747	988,031
Borrowed funds	51,859	41,631
Accrued interest payable	636	734
Fair Value [Member]
Financial assets [Abstract]
Cash and due from banks	16,371	24,384
Interest bearing time deposits with other banks	6,961	7,705
Available-for-sale securities	349,154	359,737
Loans held for sale	576	603
Net loans	764,383	712,524
Bank owned life insurance	26,050	25,535
Regulatory stock	4,139	3,459
Accrued interest receivable	3,988	4,211
Financial liabilities [Abstract]
Deposits	1,009,877	987,542
Borrowed funds	50,674	38,863
Accrued interest payable	$ 636	$ 734