F & M Bank (FMBM) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	14-May-15
Document And Entity Information
Entity Registrant Name	F&M BANK CORP
Entity Central Index Key	740806
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Is Entity a Well-known Seasoned Issuer	No
Is Entity a Voluntary Filer	No
Is Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		3,294,005
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

Consolidated_Statements_of_Inc

Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Interest income
Interest and fees on loans held for investment	$6,772	$6,226
Interest and fees on loans held for sale	191	15
Interest on federal funds sold	5	12
Interest on debt securities	43	38
Total interest income	7,011	6,291
Interest expense
Interest on demand deposits	157	167
Interest on savings accounts	33	28
Interest on time deposits over $100,000	123	158
Interest on other time deposits	241	304
Total interest on deposits	554	657
Interest on short-term debt	11	2
Interest on long-term debt	120	291
Total interest expense	685	950
Net interest income	6,326	5,341
Provision for loan losses	300	750
Net interest income after provision for loan losses	6,026	4,591
Noninterest income
Service charges	226	257
Insurance and other commissions	235	22
Other	323	381
Income on bank owned life insurance	118	116
Total noninterest income	902	776
Noninterest expense
Salaries	1,818	1,655
Employee benefits	624	520
Occupancy expense	178	160
Equipment expense	163	144
FDIC insurance assessment	192	180
Other	1,407	1,079
Total noninterest expense	4,382	3,738
Income before income taxes	2,546	1,629
Income tax expense	649	476
Consolidated net income - F & M Bank Corp.	1,897	1,153
Net income - Noncontrolling interest (income) loss	-26	30
Net Income - F & M Bank Corp	1,871	1,183
Dividends paid/accumulated on preferred stock	128
Net income available to common stockholders	$1,743	$1,183
Per share data
Net income - basic	$0.53	$0.46
Net income - diluted	$0.50	$0.46
Cash dividends	$0.18	$0.17
Weighted average shares outstanding - basic	3,292,646	2,598,639
Weighted average shares outstanding - diluted	3,737,046	2,598,639

Consolidated_Statements_of_Inc1

Consolidated Statements of Income (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Interest on time deposits	$100,000	$100,000

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Net Income:
Net Income - F & M Bank Corp	$1,871	$1,183
Net Income (loss) attributable to noncontrolling interest	26	-30
Total Net Income:	1,897	1,153
Unrealized holding gains (losses) on available-for-sale securities:	24	18
Tax Expense (benefit)	8	6
Unrealized holding gain (loss), net of tax	16	12
Total other comprehensive income	16	12
Comprehensive income	$1,913	$1,165

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Assets
Cash and due from banks	$6,708	$6,241
Money market funds	816	911
Federal funds sold		16,051
Cash and cash equivalents	7,524	23,203
Securities:
Held to maturity - fair value of $125,000 in 2015 and 2014	125	125
Available for sale	13,308	13,215
Other investments	10,983	8,964
Loans held for sale	59,226	13,382
Loans held for investment	526,649	518,202
Less allowance for loan losses	-8,938	-8,725
Net loans held for investment	517,711	509,477
Other real estate owned	2,769	3,507
Bank premises and equipment, net	6,844	6,458
Interest receivable	1,622	1,675
Goodwill	2,670	2,670
Bank owned life insurance	12,696	12,581
Other assets	9,842	10,051
Total assets	645,320	605,308
Deposits:
Noninterest bearing	118,644	112,198
Interest bearing:
Demand	95,219	93,694
Money market accounts	27,126	25,900
Savings	66,727	64,249
Time deposits over $100,000	62,112	79,813
All other time deposits	113,599	115,651
Total deposits	483,427	491,505
Short-term debt	45,763	14,358
Accrued liabilities	12,238	11,772
Long-term debt	24,750	9,875
Total liabilities	566,178	527,510
Stockholders' Equity
Preferred Stock $5 par value, 400,000 shares authorized, issued and outstanding for 2015 and 2014	9,425	9,425
Common stock, $5 par value, 6,000,000 shares authorized, 3,293,909 and 3,287,470 shares issued and outstanding for 2015 and 2014, respectively	16,470	16,459
Additional paid in capital - common stock	11,291	11,260
Retained earnings	43,832	42,554
Noncontrolling interest	434	426
Accumulated other comprehensive loss	-2,310	-2,326
Total stockholders' equity	79,142	77,798
Total liabilities and stockholders' equity	$645,320	$605,308

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Assets
Held to maturity - fair value	$125	$125
STOCKHOLDERS EQUITY:
Common stock, par value	$5	$5
Common stock shares authorized	6,000,000	6,000,000
Common stock shares issued	3,293,909	3,287,470
Common stock shares outstanding	3,293,909	3,287,470
Preferred Stock, par value	$5	$5
Preferred Stock shares authorized	400,000	400,000
Preferred Stock shares issued	400,000	400,000
Preferred Stock shares outstanding	400,000	400,000

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Net income	$1,871	$1,183
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	172	148
Amortization of security premiums, net	37	24
Loans held for sale originated	-16,849	-7,222
Sale of loans held for sale originated	13,306	8,629
Provision for loan losses	300	750
(Increase) Decrease in interest receivable	53	-15
Increase in other assets	-258	-356
Increase in accrued expenses	932	55
Amortization of limited partnership investments	157	152
Income from life insurance investment	-118	-116
(Gain) loss on Other Real Estate Owned	232	-1
Net adjustments	-2,036	2,048
Net cash provided by (used in) operating activities	-165	3,231
Cash flows from investing activities
Purchase of investments available for sale	-6,324	-4,108
Proceeds from maturity of investments available for sale	4,045	23,009
Net increase in loans held for investment	-8,308	-9,009
Net increase in loans held for sale participations	-42,300	-3,181
Proceeds from the sale of other real estate owned	279	401
Purchase of property and equipment	-558	-137
Net cash provided by (used in) investing activities	-53,166	6,975
Cash flows from financing activities
Net change in demand and savings deposits	11,676	9,895
Net change in time deposits	-19,753	-2,500
Net change in short-term debt	31,405	274
Cash dividends paid	-593	-427
Proceeds from issuance of common stock	42	12,026
Proceeds from issuance of long-term debt	15,000
Repayment of long-term debt	-125
Net cash provided by financing activities	37,652	19,268
Net Increase (decrease) in Cash and Cash Equivalents	-15,679	29,474
Cash and cash equivalents, beginning of period	23,203	6,545
Cash and cash equivalents, end of period	7,524	36,019
Supplemental disclosure
Cash paid for: Interest expense	701	981
Cash paid for: Income taxes
Transfers from loans to Other Real Estate Owned		397
Noncash exchange of other real estate owned	($227)	($188)

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Consolidated Statements Of Changes In Stockholders Equity
Balance, beginning of period	$77,798	$54,141
Comprehensive income
Net Income - F & M Bank Corp	1,871	1,183
Net income (loss) attributable to noncontrolling interest	26	-30
Net change in unrealized appreciation on securities available for sale, net of taxes	16	12
Total comprehensive income	1,913	1,165
Minority Interest Capital Distributions	-18	-37
Issuance of common stock	42	12,026
Dividends declared	-593	-427
Balance, end of period	$79,142	$66,868

1_Accounting_Principles

1. Accounting Principles	3 Months Ended
	Mar. 31, 2015
Accounting Principles
1. Accounting Principles	The consolidated financial statements include the accounts of F & M Bank Corp. and its subsidiaries (the “Company”).  Significant intercompany accounts and transactions have been eliminated in consolidation.
	The consolidated financial statements conform to accounting principles generally accepted in the United States of America and to general industry practices.  In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position as of March 31, 2015 and the results of operations for the quarters ended March 31, 2015 and 2014.  The notes included herein should be read in conjunction with the notes to financial statements included in the 2014 annual report to shareholders of F & M Bank Corp.
	The Company does not expect the anticipated adoption of any newly issued accounting standards to have a material impact on future operations or financial position.
	Comprehensive Income
	Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income.  Certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities and gains or losses on certain derivative contracts, are reported as a separate component of the equity section of the balance sheet. Such items, along with operating net income, are components of comprehensive income.
	Subsequent Events
	In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued.
	Loans Held for Investment
	Loans are carried on the balance sheet net of any unearned interest and the allowance for loan losses.  Interest income on loans is determined using the effective interest method on the daily amount of principal outstanding except where serious doubt exists as to collectability of the loan, in which case the accrual of income is discontinued.
	Loans Held for Sale
	These loans consist of fixed rate loans made through its subsidiary, VBS Mortgage and loans purchased from NorthPointe Bank, Grand Rapids, MI.
	Allowance for Loan Losses
	The provision for loan losses charged to operations is an amount sufficient to bring the allowance for loan losses to an estimated balance that management considers adequate to absorb potential losses in the portfolio.  Loans are charged against the allowance when management believes the collectability of the principal is unlikely.  Recoveries of amounts previously charged-off are credited to the allowance. Management’s determination of the adequacy of the allowance is based on an evaluation of the composition of the loan portfolio, the value and adequacy of collateral, current economic conditions, historical loan loss experience, and other risk factors.  Management believes that the allowance for loan losses is adequate.  While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions, particularly those affecting real estate values.  In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses.  Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination.
	A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement.  Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due.  Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired.  Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.  Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent.
	Nonaccrual Loans
	Loans are placed on nonaccrual status when they become ninety days or more past due, unless there is an expectation that the loan will either be brought current or paid in full in a reasonable period of time.
	Earnings per Share
	Accounting guidance specifies the computation, presentation and disclosure requirements for earnings per share (“EPS”) for entities with publicly held common stock or potential common stock such as options, warrants, convertible securities or contingent stock agreements if those securities trade in a public market. Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding.  Diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive common shares had been issued.  The dilutive effect of conversion of preferred stock is reflected in the diluted earnings per share calculation.
	Net income available to common stockholders represents consolidated net income adjusted for preferred dividends declared.
	The following table provides a reconciliation of net income to net income available to common stockholders for the periods presented:
		For the quarter ended
		31-Mar-15
	Earnings Available to Common Stockholders:
	Net Income	$	1,870,551
	Preferred Stock Dividends		127,500
	Net Income Available to Common Stockholders	$	1,743,051
	The following table shows the effect of dilutive preferred stock conversion on the Company's earnings per share for the periods indicated:
		Quarter ending March 31, 2015
		Income		Shares		Per Share Amounts
	Basic EPS	$	1,743,051		3,292,646	$	0.53
	Effect of Dilutive Securities:
	Convertible Preferred Stock		127,500		444,400		(0.03	)
	Diluted EPS	$	1,870,551		3,737,046	$	0.5

2_Investment_Securities

2. Investment Securities	3 Months Ended
	Mar. 31, 2015
Investment Securities
2. Investment Securities	Investment securities available for sale are carried in the consolidated balance sheets at their approximate market value, amortized cost and unrealized gains and losses at March 31, 2015 and December 31, 2014 are reflected in the table below.  The amortized costs of investment securities held to maturity are carried in the consolidated balance sheets and their approximate market values at March 31, 2015 and December 31, 2014 are as follows:
		2015					2014
				Market					Market
		Cost		Value			Cost		Value
	Securities held to maturity
	U. S. Treasury and agency obligations	$	125	$	125		$	125	$	125
	Total	$	125	$	125		$	125	$	125
		31-Mar-15
				Unrealized					Market
		Cost		Gains			Losses		Value
	Securities available for sale
	U. S. Treasuries	$	4,023	$	16		$	-	$	4,039
	Government sponsored enterprises		8,157		12			16		8,153
	Mortgage-backed securities		964		17			-		981
	Marketable equities		135		-			-		135
	Total	$	13,279	$	45		$	16	$	13,308
		31-Dec-14
				Unrealized					Market
		Cost		Gains			Losses		Value
	Securities available for sale
	U. S. Treasuries	$	4,026	$	-		$	6	$	4,020
	Government sponsored enterprises		8,039		9			10		8,038
	Mortgage-backed securities		1,011		11			-		1,022
	Marketable equities		135		-			-		135
	Total	$	13,211	$	20		$	16	$	13,215
	The amortized cost and fair value of securities at March 31, 2015, by contractual maturity are shown below.  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.
		Securities Held to Maturity					Securities Available for Sale
		Amortized		Fair			Amortized		Fair
		Cost		Value			Cost		Value
	Due in one year or less	$	-	$	-		$	-	$	-
	Due after one year through five years		125		125			12,180		12,192
	Due after five years		-		-			1,099		1,116
	Total	$	125	$	125		$	13,279	$	13,308
	There were no gains and losses on sales of securities in the first quarter of 2015 or 2014.  There were also no securities with an other than temporary impairment.
	The fair value and gross unrealized losses for securities, segregated by the length of time that individual securities have been in a continuous gross unrealized loss position, at March 31, 2015 and December 31, 2014 were as follows (dollars in thousands):
		Less than 12 Months					More than 12 Months					Total
		Fair		Unrealized Losses			Fair		Unrealized Losses			Fair		Unrealized Losses
		Value					Value					Value
	31-Mar-15
	Government sponsored Enterprises	$	2,128	$	(1	)	$	1,984	$	(15	)	$	4,112	$	(16	)
	Total	$	2,128	$	(1	)	$	1,984	$	(15	)	$	4,112	$	(16	)
	31-Dec-14
	U. S. Treasuries	$	4,020	$	(6	)	$	-	$	-		$	4,020	$	(6	)
	Government sponsored Enterprises		2,004		(2	)		1,991		(8	)		3,995		(10	)
	Total	$	6,024	$	(8	)	$	1,991	$	(8	)	$	8,015	$	(16	)
	Other investments, which consist of stock of correspondent banks and investments in low income housing projects, increased since December 31, 2014.  This increase is due to FHLB stock purchases during the first quarter and an increase in the Federal Reserve Bank Stock holding requirement.

3_Loans_Held_for_Investment

3. Loans Held for Investment	3 Months Ended
	Mar. 31, 2015
Loans Held For Investment
3. Loans Held for Investment	Loans outstanding at March 31, 1015 and December 31, 2014 are summarized as follows:
		2015		2014
	Construction/Land Development	$	67,419	$	67,181
	Farmland		13,092		12,507
	Real Estate		163,821		162,249
	Multi-Family		12,215		11,775
	Commercial Real Estate		123,028		122,305
	Home Equity – closed end		9,479		9,394
	Home Equity – open end		52,669		52,182
	Commercial & Industrial – Non-Real Estate		29,110		28,161
	Consumer		8,478		9,110
	Dealer Finance		44,791		40,633
	Credit Cards		2,547		2,705
	Total	$	526,649	$	518,202
	The following is a summary of information pertaining to impaired loans (in thousands):
				Unpaid				Average		Interest
	March 31, 2015	Recorded		Principal		Related		Recorded		Income
		Investment		Balance		Allowance		Investment		Recognized
	Impaired loans without a valuation allowance:
	Construction/Land Development	$	4,228	$	4,365	$	-	$	5,376	$	49
	Farmland		-		-		-		-		-
	Real Estate		139		139		-		104		4
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		1,148		1,148		-		1,510		13
	Home Equity – closed end		-		-		-		-		-
	Home Equity – open end		1,649		1,649		-		660		42
	Commercial & Industrial – Non-Real Estate		189		189		-		225		2
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		-		-		-		-		-
			7,353		7,490				7,875		110
	Impaired loans with a valuation allowance
	Construction/Land Development		12,957		12,957		1,840		12,705		78
	Farmland		-		-		-		-		-
	Real Estate		920		920		98		943		17
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		896		896		26		985		1
	Home Equity – closed end		-		-		-		-		-
	Home Equity – open end		-		-		-		-		-
	Commercial & Industrial – Non-Real Estate		-		-		-		-		-
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		61		61		16		12		2
			14,834		14,834		1,980		14,639		98
	Total impaired loans	$	22,187	$	22,324	$	1,980	$	22,514	$	208
	The Recorded Investment is defined as the principal balance less principal payments and charge-offs.
				Unpaid				Average		Interest
	December 31, 2014	Recorded		Principal		Related		Recorded		Income
		Investment		Balance		Allowance		Investment		Recognized
	Impaired loans without a valuation allowance:
	Construction/Land Development	$	4,982	$	5,402	$	-	$	5,412	$	251
	Farmland		-		-		-		1,163		-
	Real Estate		141		141		-		85		5
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		1,159		1,459		-		1,450		66
	Home Equity – closed end		-		-		-		123		-
	Home Equity – open end		1,649		1,649		-		330		57
	Commercial & Industrial – Non-Real Estate		191		191		-		237		11
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		-		-		-		-		-
			8,122		8,842				8,800		390
	Impaired loans with a valuation allowance
	Construction/Land Development		12,976		14,749		1,469		12,056		326
Farmland		-		-		-		-		-
Real Estate		926		926		101		988		105
Multi-Family		-		-		-		-		-
Commercial Real Estate		938		938		47		1,030		4
Home Equity – closed end		-		-		-		-		-
Home Equity – open end		-		-		-		-		-
Commercial & Industrial – Non-Real Estate		-		-		-		-		-
Consumer		-		-		-		-		-
Credit cards		-		-		-		-		-
Dealer Finance		-		-		-		-		-
		14,840		16,613		1,617		14,074		435
Total impaired loans	$	22,962	$	25,455	$	1,617	$	22,874	$	825

4_Allowance_for_Loan_Losses

4. Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2015
Allowance For Loan Losses
4. Allowance for Loan Losses	A summary of the allowance for loan losses follows:
	March 31, 2015  (in thousands)	Beginning Balance			Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Allowance for loan losses:
	Construction/Land Development	$	4,738		$	138	$	80	$	350		$	5,030	$	1,840	$	3,190
	Farmland		102			-		-		-			102		-		102
	Real Estate		623			-		-		(34	)		589		98		491
	Multi-Family		95			-		-		-			95		-		95
	Commercial Real Estate		126			-		22		(47	)		101		26		75
	Home Equity – closed end		188			10		-		-			178		-		178
	Home Equity – open end		154			23		-		16			147		-		147
	Commercial & Industrial – Non-Real Estate		1,014			-		53		(103	)		964		-		964
	Consumer		214			12		9		18			229		-		229
	Dealer Finance		1,336			50		2		95			1,383		16		1,367
	Credit Cards		135			28		8		5			120		-		120
	Total	$	8,725		$	261	$	174	$	300		$	8,938	$	1,980	$	6,958
	December 31, 2014  (in thousands)	Beginning Balance			Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Allowance for loan losses:
	Construction/Land Development	$	4,007		$	1,611	$	223	$	2,119		$	4,738	$	1,469	$	3,269
	Farmland		(2	)		-		-		104			102		-		102
	Real Estate		400			208		-		431			623		101		522
	Multi-Family		-			-		-		95			95		-		95
	Commercial Real Estate		777			-		108		(759	)		126		47		79
	Home Equity – closed end		157			-		-		31			188		-		188
	Home Equity – open end		476			80		-		(242	)		154		-		154
	Commercial & Industrial – Non-Real Estate		1,464			385		356		(424	)		1,014		-		1,014
	Consumer		156			33		33		58			214		-		214
	Dealer Finance		628			107		6		809			1,336		-		1,336
	Credit Cards		121			46		35		25			135		-		135
	Total	$	8,184		$	2,470	$	761	$	2,250		$	8,725	$	1,617	$	7,108
	31-Mar-15	Loan Receivable			Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Construction/Land Development	$	67,419		$	17,185	$	50,234
	Farmland		13,092			-		13,092
	Real Estate		163,821			1,059		162,762
	Multi-Family		12,215			-		12,215
	Commercial Real Estate		123,028			2,044		120,984
	Home Equity – closed end		9,479			-		9,479
	Home Equity –open end		52,669			1,649		51,020
	Commercial & Industrial – Non-Real Estate		29,110			189		28,921
	Consumer		8,478			-		8,478
	Dealer Finance		44,791			61		44,730
	Credit Cards		2,547			-		2,547
	Total	$	526,649		$	22,187	$	504,462
	Recorded Investment in Loan Receivables (in thousands)
	31-Dec-14	Loan Receivable			Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Construction/Land Development	$	67,181		$	17,958	$	49,223
	Farmland		12,507			-		12,507
	Real Estate		162,249			1,067		161,182
	Multi-Family		11,775			-		11,775
	Commercial Real Estate		122,305			2,097		120,208
	Home Equity – closed end		9,394			-		9,394
	Home Equity –open end		52,182			1,649		50,533
	Commercial & Industrial – Non-Real Estate		28,161			191		27,970
	Consumer		9,110			-		9,110
	Dealer Finance		40,633					40,633
	Credit Cards		2,705			-		2,705
	Total	$	518,202		$	22,962	$	495,240
	Aging of Past Due Loans Receivable (in thousands) as of March 31, 2015
		30-59 Days Past due			60-89 Days Past Due		Greater than 90 Days (excluding non-accrual)		Non-Accrual Loans			Total Past Due		Current		Total Loan Receivable
	31-Mar-15
	Construction/Land Development	$	266		$	-	$	-	$	4,500		$	4,766	$	62,653	$	67,419
	Farmland		41			-		-		-			41		13,051		13,092
	Real Estate		3,813			301		23		1,282			5,419		158,402		163,821
	Multi-Family		-			-		-		-			-		12,215		12,215
	Commercial Real Estate		219			377		-		1,080			1,676		121,352		123,028
Home Equity – closed end		12			65		-		-			77		9,402		9,479
Home Equity – open end		230			106		-		121			457		52,212		52,669
Commercial & Industrial – Non- Real Estate		66			27		-		-			93		29,017		29,110
Consumer		268			31		4		4			307		8,171		8,478
Dealer Finance		433			80		78		83			674		44,117		44,791
Credit Cards		3			5		-		-			8		2,539		2,547
Total	$	5,351		$	992	$	105	$	7,070		$	13,518	$	513,131	$	526,649
Aging of Past Due Loans Receivable (in thousands) as of December 31, 2014
	30-59 Days Past due			60-89 Days Past Due		Greater than 90 Days (excluding non-accrual)		Non-Accrual Loans			Total Past Due		Current		Total Loan Receivable
31-Dec-14
Construction/Land Development	$	205		$	166	$	-	$	4,508		$	4,879	$	62,302	$	67,181
Farmland		-			-		-		-			-		12,507		12,507
Real Estate		5,085			635		-		973			6,693		155,556		162,249
Multi-Family		-			-		-		-			-		11,775		11,775
Commercial Real Estate		747			-		-		1,165			1,912		120,393		122,305
Home Equity – closed end		162			15		-		10			187		9,207		9,394
Home Equity – open end		730			25		-		143			898		51,284		52,182
Commercial & Industrial – Non- Real Estate		-			-		-		14			14		28,147		28,161
Consumer		290			9		-		-			299		8,811		9,110
Dealer Finance		696			189		-		161			1,046		39,587		40,633
Credit Cards		36			-		1		-			37		2,668		2,705
Total	$	7,951		$	1,039	$	1	$	6,974		$	15,965	$	502,237	$	518,202
CREDIT QUALITY INDICATORS (in thousands)
AS OF MARCH 31, 2015
Corporate Credit Exposure
Credit Risk Profile by Creditworthiness Category
	Grade 1 Minimal Risk			Grade 2 Modest Risk		Grade 3 Average Risk		Grade 4 Acceptable Risk			Grade 5 Marginally Acceptable		Grade 6 Watch		Grade 7 Substandard		Grade 8 Doubtful		Total
Construction/Land Development	$	-		$	163	$	7,326	$	25,796		$	9,532	$	6,566	$	18,036	$	-	$	67,419
Farmland		67			-		1,647		4,038			5,234		-		2,106		-		13,092
Real Estate		-			620		56,584		72,896			23,236		6,626		3,859		-		163,821
Multi-Family		-			449		4,102		3,132			4,532				-		-		12,215
Commercial Real Estate		-			1,636		21,547		65,775			22,328		9,287		2,455		-		123,028
Home Equity – closed end		-			-		3,952		3,400			1,889		143		95		-		9,479
Home Equity – open end		-			1,498		12,992		29,261			4,515		1,837		2,566		-		52,669
Commercial & Industrial (Non-Real Estate)		620			94		6,333		17,159			4,083		754		67		-		29,110
Total	$	687		$	4,460	$	114,483	$	221,457		$	75,349	$	25,213	$	29,184	$	-	$	470,833
Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
	Credit Cards			Consumer
Performing	$	2,547		$	53,100
Non performing		-			169
Total	$	2,547		$	53,269
CREDIT QUALITY INDICATORS (in thousands)
AS OF DECEMBER 31, 2014
Corporate Credit Exposure
Credit Risk Profile by Creditworthiness Category
	Grade 1 Minimal Risk			Grade 2 Modest Risk		Grade 3 Average Risk		Grade 4 Acceptable Risk			Grade 5 Marginally Acceptable		Grade 6 Watch		Grade 7 Substandard		Grade 8 Doubtful		Total
Construction/Land Development	$	-		$	165	$	8,460	$	24,227		$	9,605	$	3,815	$	20,909	$	-	$	67,181
Farmland		68			-		1,640		3,451			5,228		-		2,120		-		12,507
Real Estate		-			629		60,290		66,464			23,934		7,083		3,849		-		162,249
Multi-Family		-			468		4,145		2,183			4,979		-		-		-		11,775
Commercial Real Estate		-			1,687		22,800		65,653			19,058		10,571		2,536		-		122,305
Home Equity – closed end		-			-		4,327		3,090			1,812		154		11		-		9,394
Home Equity – open end		-			1,555		13,433		28,425			4,309		1,936		2,524		-		52,182
Commercial & Industrial (Non-Real Estate)		643			74		4,692		18,039			3,948		735		30		-		28,161
Total	$	711		$	4,578	$	119,787	$	211,532		$	72,873	$	24,294	$	31,979	$	-	$	465,754
Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
	Credit Cards			Consumer
Performing	$	2,704		$	49,582
Non performing		1			161
Total	$	2,705		$	49,743
Description of loan grades:
Grade 1 – Minimal Risk:   Excellent credit, superior asset quality, excellent debt capacity and coverage, and recognized management capabilities.
Grade 2 – Modest Risk:  Borrower consistently generates sufficient cash flow to fund debt service, excellent credit, above average asset quality and liquidity.
Grade 3 – Average Risk:  Borrower generates sufficient cash flow to fund debt service.  Employment (or business) is stable with good future trends.  Credit is very good.
Grade 4 – Acceptable Risk:  Borrower’s cash flow is adequate to cover debt service; however, unusual expenses or capital expenses must by covered through additional long term debt.  Employment (or business) stability is reasonable, but future trends may exhibit slight weakness. Credit history is good. No unpaid judgments or collection items appearing on credit report.
Grade 5 – Marginally acceptable:  Credit to borrowers who may exhibit declining earnings, may have leverage that is materially above industry averages, liquidity may be marginally acceptable.  Employment or business stability may be weak or deteriorating.  May be currently performing as agreed, but would be adversely affected by developing factors such as layoffs, illness, reduced hours or declining business prospects.  Credit history shows weaknesses, past dues, paid or disputed collections and judgments, but does not include borrowers that are currently past due on obligations or with unpaid, undisputed judgments.
Grade 6 – Watch:  Loans are currently protected, but are weak due to negative balance sheet or income statement trends.  There may be a lack of effective control over collateral or the existence of documentation deficiencies.  These loans have potential weaknesses that deserve management’s close attention.  Other reasons supporting this classification include adverse economic or market conditions, pending litigation or any other material weakness.  Existing loans that become 60 or more days past due are placed in this category pending a return to current status.
Grade 7 – Substandard: Loans having well-defined weaknesses where a payment default and or loss is possible, but not yet probable.  Cash flow is inadequate to service the debt under the current payment, or terms, with prospects that the condition is permanent.  Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the borrower and there is the likelihood that collateral will have to be liquidated and/or guarantor(s) called upon to repay the debt.  Generally, the loan is considered collectible as to both principal and interest, primarily because of collateral coverage, however, if the deficiencies are not corrected quickly; there is a probability of loss.
Grade 8 – Doubtful:  The loan has all the characteristics of a substandard credit, but available information indicates it is unlikely the loan will be repaid in its entirety.  Cash flow is insufficient to service the debt.  It may be difficult to project the exact amount of loss, but the probability of some loss is great.  Loans are to be placed on non-accrual status when any portion is classified doubtful.

5_Employee_Benefit_Plan

5. Employee Benefit Plan	3 Months Ended
	Mar. 31, 2015
Employee Benefit Plan
5. Employee Benefit Plan	The Bank has a qualified noncontributory defined benefit pension plan that covers substantially all of its employees.  The benefits are primarily based on years of service and earnings.  The Bank contributed $750,000 to the plan in the first quarter of 2015 and does not anticipate additional contributions for the 2015 plan year.  The following is a summary of net periodic pension costs for the three-month periods ended March 31, 2015 and 2014.
		Three Months Ended
		31-Mar-15			31-Mar-14
	Service cost	$	162,083		$	125,257
	Interest cost		102,736			94,427
	Expected return on plan assets		(209,704	)		(174,563	)
	Amortization of net obligation at transition		-			-
	Amortization of prior service cost		(3,809	)		(3,809	)
	Amortization of net loss		45,160			9,028
	Net periodic pension cost	$	96,466		$	50,340

6_Fair_Value

6. Fair Value	3 Months Ended
	Mar. 31, 2015
Fair Value
6. Fair Value	Accounting Standards Codification (ASC) 820, defines fair value, establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurement and enhances disclosure requirements for fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:
	Level 1 – Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
	Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
	Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement
	The following sections provide 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:
	Securities: Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would include highly liquid government bonds, mortgage products and exchange traded equities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flow. Level 2 securities would include U.S. agency securities, mortgage-backed agency securities, obligations of states and political subdivisions and certain corporate, asset backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy.
	Impaired Loans: ASC 820 applies to loans measured for impairment using the practical expedients permitted by ASC 310 including impaired loans measured at an observable market price (if available), or at the fair value of the loan’s collateral (if the loan is collateral dependent). Fair value of the loan’s collateral, when the loan is dependent on collateral, is determined by appraisals or independent valuation which is then adjusted for the cost related to liquidation of the collateral.
	Other Real Estate Owned: Certain assets such as other real estate owned (OREO) are measured at the lower of carrying amount or fair value less cost to sell. We believe that the fair value component in its valuation follows the provisions of ASC 820.
	Derivative Financial Instruments: The equity derivative contracts are purchased as part of our Indexed Certificate of Deposit (ICD) program and are an offset of an asset and liability.  ICD values are measured on the S&P 500 Index.
	For level 3 assets and liabilities measured at fair value on a recurring basis or non-recurring basis as of March 31, 2015 and December 31, 2014 and significant unobservable inputs used in the fair value measurements were as follows:
		Fair Value at March 31, 2015		Valuation Technique		Significant Unobservable Inputs	Range
	Impaired Loans	$	12,854	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55%
	Other Real Estate Owned	$	2,769	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55%
		Fair Value at December 31, 2014		Valuation Technique		Significant Unobservable Inputs	Range
	Impaired Loans	$	13,223	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55
	Other Real Estate Owned	$	3,507	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55
	Assets and Liabilities Recorded at Fair Value on a Recurring Basis
	The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis.
	31-Mar-15	Total			Level 1			Level 2		Level 3
	U. S. Treasuries	$	4,039		$	-		$	4,039	$	-
	Government sponsored enterprises		8,153			-			8,153		-
	Mortgage-backed obligations of federal agencies		981			-			981		-
	Marketable Equities		135			-			135		-
	Investment securities available for sale		13,308			-			13,308		-
	Total assets at fair value	$	13,308		$	-		$	13,308	$	-
	Total liabilities at fair value	$	-		$	-		$	-	$	-
	Derivative financial instruments at fair value	$	33		$	-		$	33	$	-
	31-Dec-14	Total			Level 1			Level 2		Level 3
	U. S. Treasuries	$	4,020		$	-		$	4,020	$	-
	Government sponsored enterprises		8,038			-			8,038		-
	Mortgage-backed obligations of federal agencies		1,022			-			1,022		-
	Marketable Equities		135			-			135		-
	Investment securities available for sale		13,215			-			13,215		-
	Total assets at fair value	$	13,215		$	-		$	13,215	$	-
	Total liabilities at fair value	$	-		$	-		$	-	$	-
	Derivative financial instruments at fair value	$	33		$	-		$	33	$	-
	Assets and Liabilities Recorded at Fair Value on a Non-recurring Basis
	The table below presents the recorded amount of assets and liabilities measured at fair value on a non-recurring basis. The Company has determined that Other Real Estate Owned and Impaired Loans are Level 3.
	31-Mar-15	Total			Level 1			Level 2		Level 3
	Other Real Estate Owned	$	2,769			-			-	$	2,769
						-			-
	Construction/Land Development		11,117			-			-		11,117
	Farmland		-			-			-		-
	Real Estate		822			-			-		822
	Multi-Family		-			-			-		-
	Commercial Real Estate		870			-			-		870
	Home Equity – closed end		-			-			-		-
	Home Equity – open end		-			-			-		-
	Commercial & Industrial – Non-Real Estate		-			-			-		-
	Consumer		-			-			-		-
	Credit cards		-			-			-		-
	Dealer Finance		45			-			-		45
	Impaired loans		12,854			-			-		12,854
	Total assets at fair value	$	15,623		$	-		$	-	$	15,623
	Total liabilities at fair value	$	-		$	-		$	-	$	-
	31-Dec-14	Total			Level 1			Level 2		Level 3
	Other Real Estate Owned	$	3,507			-			-	$	3,507
						-			-
	Construction/Land Development		11,507			-			-		11,507
	Farmland		-			-			-		-
	Real Estate		825			-			-		825
	Multi-Family		-			-			-		-
	Commercial Real Estate		891			-			-		891
	Home Equity – closed end		-			-			-		-
Home Equity – open end		-			-			-		-
Commercial & Industrial – Non-Real Estate		-			-			-		-
Consumer		-			-			-		-
Credit cards		-			-			-		-
Dealer Finance		-			-			-		-
Impaired loans		13,223			-			-		13,223
Total assets at fair value	$	16,730			-		$	-	$	16,730
Total liabilities at fair value	$	-		$	-		$	-	$	-

7_Disclosures_About_Fair_Value

7. Disclosures About Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2015
Disclosures About Fair Value Of Financial Instruments
7. Disclosures About Fair Value of Financial Instruments	ASC 825 “Financial Instruments” defines the fair value of a financial instrument as the amount at which a financial instrument could be exchanged in a current transaction between willing parties, other than in a forced liquidation or sale.  As the majority of the Bank’s financial instruments lack an available trading market, significant estimates, assumptions and present value calculations are required to determine estimated fair value.  The following presents the carrying amount, fair value and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2015 and December 31, 2014.  This table excludes financial instruments for which the carrying amount approximates the fair value, which would be Level 1; inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. All financial instruments below are considered Level 2; inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
		31-Mar-15				31-Dec-14
		Estimated		Carrying		Estimated		Carrying
		Fair Value		Value		Fair Value		Value
	Financial Assets
	Loans	$	550,793	$	526,649	$	551,338	$	518,202
	Financial Liabilities
	Time deposits		176,779		175,711		196,826		195,464
	Long-term debt		24,739		24,750		9,862		9,875
	The carrying value of cash and cash equivalents, other investments, deposits with no stated maturities, short-term borrowings, and accrued interest approximate fair value. The fair value of securities was calculated using the most recent transaction price or a pricing model, which takes into consideration maturity, yields and quality.  The remaining financial instruments were valued based on the present value of estimated future cash flows, discounted at various rates in effect for similar instruments entered into as of the end of each respective period shown above.

8_Troubled_Debt_Restructuring

8. Troubled Debt Restructuring	3 Months Ended
	Mar. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Asset Types
8. Troubled Debt Restructuring	In the determination of the allowance for loan losses, management considers troubled debt restructurings and subsequent defaults in these restructurings by adjusting the loan grades of such loans, which figure into the environmental factors associated with the allowance. Defaults resulting in charge-offs affect the historical loss experience ratios which are a component of the allowance calculation. Additionally, specific reserves may be established on restructured loans evaluated individually.
	During the three months ended March 31, 2015, there were three loan modifications that were considered to be troubled debt restructurings.  Modifications may have included rate adjustments, revisions to amortization schedules, suspension of principal payments for a temporary period, re-advancing funds to be applied as payments to bring the loan(s) current, or any combination thereof.
		31-Mar-15
				Pre-Modification		Post-Modification
				Outstanding		Outstanding
		Number of Contracts		Recorded Investment		Recorded Investment
	Troubled Debt Restructurings
	Consumer		3		45		45
	Total		3	$	45	$	45
	During the quarter ended March 31, 2015, two real estate loans (outstanding recorded investment of $1,040,000) that had been restructured in the previous 12 months, were in default or were on nonaccrual status.  A restructured loan is considered in default when it becomes 90 days past due.
	During the three months ended, March 31, 2014, there were no loan modifications that were considered to be troubled debt restructurings.   There were also no troubled debt restructurings from the previous twelve months that went into default in the first quarter of 2014.  A restructured loan is considered in default when it becomes 90 days past due.

1_Accounting_Principles_Polici

1. Accounting Principles (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Principles Policies
Comprehensive Income	Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income.  Certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities and gains or losses on certain derivative contracts, are reported as a separate component of the equity section of the balance sheet. Such items, along with operating net income, are components of comprehensive income.
Subsequent Events	In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued.
Loans Held for Investment	Loans are carried on the balance sheet net of any unearned interest and the allowance for loan losses.  Interest income on loans is determined using the effective interest method on the daily amount of principal outstanding except where serious doubt exists as to collectability of the loan, in which case the accrual of income is discontinued.
Loans Held for Sale	These loans consist of fixed rate loans made through its subsidiary, VBS Mortgage and loans purchased from NorthPointe Bank, Grand Rapids, MI.
Allowance for Loan Losses	The provision for loan losses charged to operations is an amount sufficient to bring the allowance for loan losses to an estimated balance that management considers adequate to absorb potential losses in the portfolio.  Loans are charged against the allowance when management believes the collectability of the principal is unlikely.  Recoveries of amounts previously charged-off are credited to the allowance. Management’s determination of the adequacy of the allowance is based on an evaluation of the composition of the loan portfolio, the value and adequacy of collateral, current economic conditions, historical loan loss experience, and other risk factors.  Management believes that the allowance for loan losses is adequate.  While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions, particularly those affecting real estate values.  In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses.  Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination.
	A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement.  Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due.  Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired.  Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.  Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent.
Nonaccrual Loans	Loans are placed on nonaccrual status when they become ninety days or more past due, unless there is an expectation that the loan will either be brought current or paid in full in a reasonable period of time.
Earnings per Share	Accounting guidance specifies the computation, presentation and disclosure requirements for earnings per share (“EPS”) for entities with publicly held common stock or potential common stock such as options, warrants, convertible securities or contingent stock agreements if those securities trade in a public market. Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding.  Diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive common shares had been issued.  The dilutive effect of conversion of preferred stock is reflected in the diluted earnings per share calculation.
	Net income available to common stockholders represents consolidated net income adjusted for preferred dividends declared.
	The following table provides a reconciliation of net income to net income available to common stockholders for the periods presented:
		For the quarter ended
		31-Mar-15
	Earnings Available to Common Stockholders:
	Net Income	$	1,870,551
	Preferred Stock Dividends		127,500
	Net Income Available to Common Stockholders	$	1,743,051
	The following table shows the effect of dilutive preferred stock conversion on the Company's earnings per share for the periods indicated:
		Quarter ending March 31, 2015
		Income		Shares		Per Share Amounts
	Basic EPS	$	1,743,051		3,292,646	$	0.53
	Effect of Dilutive Securities:
	Convertible Preferred Stock		127,500		444,400		(0.03	)
	Diluted EPS	$	1,870,551		3,737,046	$	0.5

1_Accounting_Principles_Tables

1. Accounting Principles (Tables)	3 Months Ended
	Mar. 31, 2015
Accounting Principles Tables
Earnings per share	The following table provides a reconciliation of net income to net income available to common stockholders for the periods presented:
		For the quarter ended
		31-Mar-15
	Earnings Available to Common Stockholders:
	Net Income	$	1,870,551
	Preferred Stock Dividends		127,500
	Net Income Available to Common Stockholders	$	1,743,051
	The following table shows the effect of dilutive preferred stock conversion on the Company's earnings per share for the periods indicated:
		Quarter ending March 31, 2015
		Income		Shares		Per Share Amounts
	Basic EPS	$	1,743,051		3,292,646	$	0.53
	Effect of Dilutive Securities:
	Convertible Preferred Stock		127,500		444,400		(0.03	)
	Diluted EPS	$	1,870,551		3,737,046	$	0.5

2_Investment_Securities_Tables

2. Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2015
Investment Securities Tables
Securities Impairment	The amortized costs of investment securities held to maturity are carried in the consolidated balance sheets and their approximate market values at March 31, 2015 and December 31, 2014 are as follows:
		2015					2014
				Market					Market
		Cost		Value			Cost		Value
	Securities held to maturity
	U. S. Treasury and agency obligations	$	125	$	125		$	125	$	125
	Total	$	125	$	125		$	125	$	125
		31-Mar-15
				Unrealized					Market
		Cost		Gains			Losses		Value
	Securities available for sale
	U. S. Treasuries	$	4,023	$	16		$	-	$	4,039
	Government sponsored enterprises		8,157		12			16		8,153
	Mortgage-backed securities		964		17			-		981
	Marketable equities		135		-			-		135
	Total	$	13,279	$	45		$	16	$	13,308
		31-Dec-14
				Unrealized					Market
		Cost		Gains			Losses		Value
	Securities available for sale
	U. S. Treasuries	$	4,026	$	-		$	6	$	4,020
	Government sponsored enterprises		8,039		9			10		8,038
	Mortgage-backed securities		1,011		11			-		1,022
	Marketable equities		135		-			-		135
	Total	$	13,211	$	20		$	16	$	13,215
Schedule Amortized Cost and Fair Value for Securities	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.
		Securities Held to Maturity					Securities Available for Sale
		Amortized		Fair			Amortized		Fair
		Cost		Value			Cost		Value
	Due in one year or less	$	-	$	-		$	-	$	-
	Due after one year through five years		125		125			12,180		12,192
	Due after five years		-		-			1,099		1,116
	Total	$	125	$	125		$	13,279	$	13,308
Schedule of Securities with Unrealized Losses	The fair value and gross unrealized losses for securities, segregated by the length of time that individual securities have been in a continuous gross unrealized loss position, at March 31, 2015 and December 31, 2014 were as follows (dollars in thousands):
		Less than 12 Months					More than 12 Months					Total
		Fair		Unrealized Losses			Fair		Unrealized Losses			Fair		Unrealized Losses
		Value					Value					Value
	31-Mar-15
	Government sponsored Enterprises	$	2,128	$	(1	)	$	1,984	$	(15	)	$	4,112	$	(16	)
	Total	$	2,128	$	(1	)	$	1,984	$	(15	)	$	4,112	$	(16	)
	31-Dec-14
	U. S. Treasuries	$	4,020	$	(6	)	$	-	$	-		$	4,020	$	(6	)
	Government sponsored Enterprises		2,004		(2	)		1,991		(8	)		3,995		(10	)
	Total	$	6,024	$	(8	)	$	1,991	$	(8	)	$	8,015	$	(16	)

3_Loans_Held_for_Investment_Ta

3. Loans Held for Investment (Tables)	3 Months Ended
	Mar. 31, 2015
Loans Held For Investment Tables
Schedule of Loans Outstanding		2015		2014
	Construction/Land Development	$	67,419	$	67,181
	Farmland		13,092		12,507
	Real Estate		163,821		162,249
	Multi-Family		12,215		11,775
	Commercial Real Estate		123,028		122,305
	Home Equity – closed end		9,479		9,394
	Home Equity – open end		52,669		52,182
	Commercial & Industrial – Non-Real Estate		29,110		28,161
	Consumer		8,478		9,110
	Dealer Finance		44,791		40,633
	Credit Cards		2,547		2,705
	Total	$	526,649	$	518,202
Schedule Impaired Loans	The following is a summary of information pertaining to impaired loans (in thousands):
				Unpaid				Average		Interest
	March 31, 2015	Recorded		Principal		Related		Recorded		Income
		Investment		Balance		Allowance		Investment		Recognized
	Impaired loans without a valuation allowance:
	Construction/Land Development	$	4,228	$	4,365	$	-	$	5,376	$	49
	Farmland		-		-		-		-		-
	Real Estate		139		139		-		104		4
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		1,148		1,148		-		1,510		13
	Home Equity – closed end		-		-		-		-		-
	Home Equity – open end		1,649		1,649		-		660		42
	Commercial & Industrial – Non-Real Estate		189		189		-		225		2
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		-		-		-		-		-
			7,353		7,490				7,875		110
	Impaired loans with a valuation allowance
	Construction/Land Development		12,957		12,957		1,840		12,705		78
	Farmland		-		-		-		-		-
	Real Estate		920		920		98		943		17
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		896		896		26		985		1
	Home Equity – closed end		-		-		-		-		-
	Home Equity – open end		-		-		-		-		-
	Commercial & Industrial – Non-Real Estate		-		-		-		-		-
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		61		61		16		12		2
			14,834		14,834		1,980		14,639		98
	Total impaired loans	$	22,187	$	22,324	$	1,980	$	22,514	$	208
	The Recorded Investment is defined as the principal balance less principal payments and charge-offs.
				Unpaid				Average		Interest
	December 31, 2014	Recorded		Principal		Related		Recorded		Income
		Investment		Balance		Allowance		Investment		Recognized
	Impaired loans without a valuation allowance:
	Construction/Land Development	$	4,982	$	5,402	$	-	$	5,412	$	251
	Farmland		-		-		-		1,163		-
	Real Estate		141		141		-		85		5
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		1,159		1,459		-		1,450		66
	Home Equity – closed end		-		-		-		123		-
	Home Equity – open end		1,649		1,649		-		330		57
	Commercial & Industrial – Non-Real Estate		191		191		-		237		11
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		-		-		-		-		-
			8,122		8,842				8,800		390
	Impaired loans with a valuation allowance
	Construction/Land Development		12,976		14,749		1,469		12,056		326
	Farmland		-		-		-		-		-
	Real Estate		926		926		101		988		105
	Multi-Family		-		-		-		-		-
	Commercial Real Estate		938		938		47		1,030		4
	Home Equity – closed end		-		-		-		-		-
	Home Equity – open end		-		-		-		-		-
	Commercial & Industrial – Non-Real Estate		-		-		-		-		-
	Consumer		-		-		-		-		-
	Credit cards		-		-		-		-		-
	Dealer Finance		-		-		-		-		-
			14,840		16,613		1,617		14,074		435
	Total impaired loans	$	22,962	$	25,455	$	1,617	$	22,874	$	825

4_Allowance_for_Loan_Losses_Ta

4. Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2015
Allowance For Loan Losses Tables
Summary Loan Loss Allowance Transactions	A summary of the allowance for loan losses follows:
	March 31, 2015  (in thousands)	Beginning Balance			Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Allowance for loan losses:
	Construction/Land Development	$	4,738		$	138	$	80	$	350		$	5,030	$	1,840	$	3,190
	Farmland		102			-		-		-			102		-		102
	Real Estate		623			-		-		(34	)		589		98		491
	Multi-Family		95			-		-		-			95		-		95
	Commercial Real Estate		126			-		22		(47	)		101		26		75
	Home Equity – closed end		188			10		-		-			178		-		178
	Home Equity – open end		154			23		-		16			147		-		147
	Commercial & Industrial – Non-Real Estate		1,014			-		53		(103	)		964		-		964
	Consumer		214			12		9		18			229		-		229
	Dealer Finance		1,336			50		2		95			1,383		16		1,367
	Credit Cards		135			28		8		5			120		-		120
	Total	$	8,725		$	261	$	174	$	300		$	8,938	$	1,980	$	6,958
	December 31, 2014  (in thousands)	Beginning Balance			Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Allowance for loan losses:
	Construction/Land Development	$	4,007		$	1,611	$	223	$	2,119		$	4,738	$	1,469	$	3,269
	Farmland		(2	)		-		-		104			102		-		102
	Real Estate		400			208		-		431			623		101		522
	Multi-Family		-			-		-		95			95		-		95
	Commercial Real Estate		777			-		108		(759	)		126		47		79
	Home Equity – closed end		157			-		-		31			188		-		188
	Home Equity – open end		476			80		-		(242	)		154		-		154
	Commercial & Industrial – Non-Real Estate		1,464			385		356		(424	)		1,014		-		1,014
	Consumer		156			33		33		58			214		-		214
	Dealer Finance		628			107		6		809			1,336		-		1,336
	Credit Cards		121			46		35		25			135		-		135
	Total	$	8,184		$	2,470	$	761	$	2,250		$	8,725	$	1,617	$	7,108
Recorded Investment in Loan Receivables	31-Mar-15	Loan Receivable			Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Construction/Land Development	$	67,419		$	17,185	$	50,234
	Farmland		13,092			-		13,092
	Real Estate		163,821			1,059		162,762
	Multi-Family		12,215			-		12,215
	Commercial Real Estate		123,028			2,044		120,984
	Home Equity – closed end		9,479			-		9,479
	Home Equity –open end		52,669			1,649		51,020
	Commercial & Industrial – Non-Real Estate		29,110			189		28,921
	Consumer		8,478			-		8,478
	Dealer Finance		44,791			61		44,730
	Credit Cards		2,547			-		2,547
	Total	$	526,649		$	22,187	$	504,462
	Recorded Investment in Loan Receivables (in thousands)
	31-Dec-14	Loan Receivable			Individually Evaluated for Impairment		Collectively Evaluated for Impairment
	Construction/Land Development	$	67,181		$	17,958	$	49,223
	Farmland		12,507			-		12,507
	Real Estate		162,249			1,067		161,182
	Multi-Family		11,775			-		11,775
	Commercial Real Estate		122,305			2,097		120,208
	Home Equity – closed end		9,394			-		9,394
	Home Equity –open end		52,182			1,649		50,533
	Commercial & Industrial – Non-Real Estate		28,161			191		27,970
	Consumer		9,110			-		9,110
	Dealer Finance		40,633					40,633
	Credit Cards		2,705			-		2,705
	Total	$	518,202		$	22,962	$	495,240
Schedule of Aging of Past Due Receivables	Aging of Past Due Loans Receivable (in thousands) as of March 31, 2015
		30-59 Days Past due			60-89 Days Past Due		Greater than 90 Days (excluding non-accrual)		Non-Accrual Loans			Total Past Due		Current		Total Loan Receivable
	31-Mar-15
	Construction/Land Development	$	266		$	-	$	-	$	4,500		$	4,766	$	62,653	$	67,419
	Farmland		41			-		-		-			41		13,051		13,092
	Real Estate		3,813			301		23		1,282			5,419		158,402		163,821
	Multi-Family		-			-		-		-			-		12,215		12,215
	Commercial Real Estate		219			377		-		1,080			1,676		121,352		123,028
	Home Equity – closed end		12			65		-		-			77		9,402		9,479
	Home Equity – open end		230			106		-		121			457		52,212		52,669
	Commercial & Industrial – Non- Real Estate		66			27		-		-			93		29,017		29,110
	Consumer		268			31		4		4			307		8,171		8,478
	Dealer Finance		433			80		78		83			674		44,117		44,791
	Credit Cards		3			5		-		-			8		2,539		2,547
	Total	$	5,351		$	992	$	105	$	7,070		$	13,518	$	513,131	$	526,649
	Aging of Past Due Loans Receivable (in thousands) as of December 31, 2014
		30-59 Days Past due			60-89 Days Past Due		Greater than 90 Days (excluding non-accrual)		Non-Accrual Loans			Total Past Due		Current		Total Loan Receivable
	31-Dec-14
	Construction/Land Development	$	205		$	166	$	-	$	4,508		$	4,879	$	62,302	$	67,181
	Farmland		-			-		-		-			-		12,507		12,507
	Real Estate		5,085			635		-		973			6,693		155,556		162,249
	Multi-Family		-			-		-		-			-		11,775		11,775
	Commercial Real Estate		747			-		-		1,165			1,912		120,393		122,305
	Home Equity – closed end		162			15		-		10			187		9,207		9,394
	Home Equity – open end		730			25		-		143			898		51,284		52,182
	Commercial & Industrial – Non- Real Estate		-			-		-		14			14		28,147		28,161
	Consumer		290			9		-		-			299		8,811		9,110
	Dealer Finance		696			189		-		161			1,046		39,587		40,633
	Credit Cards		36			-		1		-			37		2,668		2,705
	Total	$	7,951		$	1,039	$	1	$	6,974		$	15,965	$	502,237	$	518,202
Corporate Credit Exposure	CREDIT QUALITY INDICATORS (in thousands)
	AS OF MARCH 31, 2015
	Corporate Credit Exposure
	Credit Risk Profile by Creditworthiness Category
		Grade 1 Minimal Risk			Grade 2 Modest Risk		Grade 3 Average Risk		Grade 4 Acceptable Risk			Grade 5 Marginally Acceptable		Grade 6 Watch		Grade 7 Substandard		Grade 8 Doubtful		Total
	Construction/Land Development	$	-		$	163	$	7,326	$	25,796		$	9,532	$	6,566	$	18,036	$	-	$	67,419
	Farmland		67			-		1,647		4,038			5,234		-		2,106		-		13,092
	Real Estate		-			620		56,584		72,896			23,236		6,626		3,859		-		163,821
	Multi-Family		-			449		4,102		3,132			4,532				-		-		12,215
	Commercial Real Estate		-			1,636		21,547		65,775			22,328		9,287		2,455		-		123,028
	Home Equity – closed end		-			-		3,952		3,400			1,889		143		95		-		9,479
	Home Equity – open end		-			1,498		12,992		29,261			4,515		1,837		2,566		-		52,669
	Commercial & Industrial (Non-Real Estate)		620			94		6,333		17,159			4,083		754		67		-		29,110
	Total	$	687		$	4,460	$	114,483	$	221,457		$	75,349	$	25,213	$	29,184	$	-	$	470,833
	CREDIT QUALITY INDICATORS (in thousands)
	AS OF DECEMBER 31, 2014
	Corporate Credit Exposure
	Credit Risk Profile by Creditworthiness Category
		Grade 1 Minimal Risk			Grade 2 Modest Risk		Grade 3 Average Risk		Grade 4 Acceptable Risk			Grade 5 Marginally Acceptable		Grade 6 Watch		Grade 7 Substandard		Grade 8 Doubtful		Total
	Construction/Land Development	$	-		$	165	$	8,460	$	24,227		$	9,605	$	3,815	$	20,909	$	-	$	67,181
	Farmland		68			-		1,640		3,451			5,228		-		2,120		-		12,507
	Real Estate		-			629		60,290		66,464			23,934		7,083		3,849		-		162,249
	Multi-Family		-			468		4,145		2,183			4,979		-		-		-		11,775
	Commercial Real Estate		-			1,687		22,800		65,653			19,058		10,571		2,536		-		122,305
	Home Equity – closed end		-			-		4,327		3,090			1,812		154		11		-		9,394
	Home Equity – open end		-			1,555		13,433		28,425			4,309		1,936		2,524		-		52,182
	Commercial & Industrial (Non-Real Estate)		643			74		4,692		18,039			3,948		735		30		-		28,161
	Total	$	711		$	4,578	$	119,787	$	211,532		$	72,873	$	24,294	$	31,979	$	-	$	465,754
Consumer Credit Exposure	Consumer Credit Exposure
	Credit Risk Profile Based on Payment Activity
		Credit Cards			Consumer
	Performing	$	2,547		$	53,100
	Non performing		-			169
	Total	$	2,547		$	53,269
	Consumer Credit Exposure
	Credit Risk Profile Based on Payment Activity
		Credit Cards			Consumer
	Performing	$	2,704		$	49,582
	Non performing		1			161
	Total	$	2,705		$	49,743

5_Employee_Benefit_Plan_Tables

5. Employee Benefit Plan (Tables)	3 Months Ended
	Mar. 31, 2015
Employee Benefit Plan Tables
Schedule of Employee Benefit Plan	The following is a summary of net periodic pension costs for the three-month periods ended March 31, 2015 and 2014.
		Three Months Ended
		31-Mar-15			31-Mar-14
	Service cost	$	162,083		$	125,257
	Interest cost		102,736			94,427
	Expected return on plan assets		(209,704	)		(174,563	)
	Amortization of net obligation at transition		-			-
	Amortization of prior service cost		(3,809	)		(3,809	)
	Amortization of net loss		45,160			9,028
	Net periodic pension cost	$	96,466		$	50,340

6_Fair_Value_Tables

6. Fair Value (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Tables
Fair value measurements	For level 3 assets and liabilities measured at fair value on a recurring basis or non-recurring basis as of March 31, 2015 and December 31, 2014 and significant unobservable inputs used in the fair value measurements were as follows:
		Fair Value at March 31, 2015		Valuation Technique		Significant Unobservable Inputs	Range
	Impaired Loans	$	12,854	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55%
	Other Real Estate Owned	$	2,769	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55%
		Fair Value at December 31, 2014		Valuation Technique		Significant Unobservable Inputs	Range
	Impaired Loans	$	13,223	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55
	Other Real Estate Owned	$	3,507	Discounted appraised value		Discount for selling costs and age of appraisals	15%-55
Schedule Assets and Liabilities at Fair Value on Recurring Basis	The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis.
	31-Mar-15	Total			Level 1			Level 2		Level 3
	U. S. Treasuries	$	4,039		$	-		$	4,039	$	-
	Government sponsored enterprises		8,153			-			8,153		-
	Mortgage-backed obligations of federal agencies		981			-			981		-
	Marketable Equities		135			-			135		-
	Investment securities available for sale		13,308			-			13,308		-
	Total assets at fair value	$	13,308		$	-		$	13,308	$	-
	Total liabilities at fair value	$	-		$	-		$	-	$	-
	Derivative financial instruments at fair value	$	33		$	-		$	33	$	-
	31-Dec-14	Total			Level 1			Level 2		Level 3
	U. S. Treasuries	$	4,020		$	-		$	4,020	$	-
	Government sponsored enterprises		8,038			-			8,038		-
	Mortgage-backed obligations of federal agencies		1,022			-			1,022		-
	Marketable Equities		135			-			135		-
	Investment securities available for sale		13,215			-			13,215		-
	Total assets at fair value	$	13,215		$	-		$	13,215	$	-
	Total liabilities at fair value	$	-		$	-		$	-	$	-
	Derivative financial instruments at fair value	$	33		$	-		$	33	$	-
Schedule of Assets and Liabilities at Fair Value on Non-recurring Basis	The Company has determined that Other Real Estate Owned and Impaired Loans are Level 3.
	31-Mar-15	Total			Level 1			Level 2		Level 3
	Other Real Estate Owned	$	2,769			-			-	$	2,769
						-			-
	Construction/Land Development		11,117			-			-		11,117
	Farmland		-			-			-		-
	Real Estate		822			-			-		822
	Multi-Family		-			-			-		-
	Commercial Real Estate		870			-			-		870
	Home Equity – closed end		-			-			-		-
	Home Equity – open end		-			-			-		-
	Commercial & Industrial – Non-Real Estate		-			-			-		-
	Consumer		-			-			-		-
	Credit cards		-			-			-		-
	Dealer Finance		45			-			-		45
	Impaired loans		12,854			-			-		12,854
	Total assets at fair value	$	15,623		$	-		$	-	$	15,623
	Total liabilities at fair value	$	-		$	-		$	-	$	-
	31-Dec-14	Total			Level 1			Level 2		Level 3
	Other Real Estate Owned	$	3,507			-			-	$	3,507
						-			-
	Construction/Land Development		11,507			-			-		11,507
	Farmland		-			-			-		-
	Real Estate		825			-			-		825
	Multi-Family		-			-			-		-
	Commercial Real Estate		891			-			-		891
	Home Equity – closed end		-			-			-		-
	Home Equity – open end		-			-			-		-
	Commercial & Industrial – Non-Real Estate		-			-			-		-
	Consumer		-			-			-		-
	Credit cards		-			-			-		-
	Dealer Finance		-			-			-		-
	Impaired loans		13,223			-			-		13,223
	Total assets at fair value	$	16,730			-		$	-	$	16,730
	Total liabilities at fair value	$	-		$	-		$	-	$	-

7_Disclosures_About_Fair_Value1

7. Disclosures About Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2015
Disclosures About Fair Value Of Financial Instruments Tables
Carrying Value and Estimated Fair Value for Financial Instruments		31-Mar-15				31-Dec-14
		Estimated		Carrying		Estimated		Carrying
		Fair Value		Value		Fair Value		Value
	Financial Assets
	Loans	$	550,793	$	526,649	$	551,338	$	518,202
	Financial Liabilities
	Time deposits		176,779		175,711		196,826		195,464
	Long-term debt		24,739		24,750		9,862		9,875

8_Troubled_Debt_Restructuring_

8. Troubled Debt Restructuring (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Asset Types
Troubled debt restructuring		31-Mar-15
				Pre-Modification		Post-Modification
				Outstanding		Outstanding
		Number of Contracts		Recorded Investment		Recorded Investment
	Troubled Debt Restructurings
	Consumer		3		45		45
	Total		3	$	45	$	45

1_Accounting_Principles_Detail

1. Accounting Principles (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Earnings Available to Common Stockholders:
Net Income	$1,743	$1,183
Preferred Stock Dividends	128
Net Income Available to Common Stockholders	$1,871	$1,183

1_Accounting_Principles_Detail1

1. Accounting Principles (Details 1) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Accounting Principles
Basic EPS, Income	$1,743	$1,183
Effect of Dilutive Securities Convertible Preferred Stock, Income	128
Diluted EPS, Income	$1,871	$1,183
Basic EPS, Shares	3,292,646	2,598,639
Effect of Dilutive Securities Convertible Preferred Stock, Shares	444,400
Diluted EPS, Shares	3,737,046	2,598,639
Basic EPS, Shares	$0.53	$0.46
Effect of Dilutive Securities Convertible Preferred Stock, Shares	($0.03)
Diluted EPS, Shares	$0.50	$0.46

2_Investment_Securities_Detail

2. Investment Securities (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Available-for-Sale Securities
Cost	$13,279	$13,211
Unrealized Gains	45	20
Unrealized Losses	16	16
Market Value	13,308	13,215
Held-to-Maturity Securities
Amortized Cost - Held-to-Maturity	125	125
Market Value - Held-to-Maturity	125	125
U. S. Treasury and agency obligations [Member]
Held-to-Maturity Securities
Amortized Cost - Held-to-Maturity	125	125
Market Value - Held-to-Maturity	125	125
U. S. Treasury
Available-for-Sale Securities
Cost	4,023	4,026
Unrealized Gains	16
Unrealized Losses		6
Market Value	4,039	4,020
Government sponsored enterprises [Member]
Available-for-Sale Securities
Cost	8,157	8,039
Unrealized Gains	12	9
Unrealized Losses	16	10
Market Value	8,153	8,038
Mortgage Backed Securities [Member]
Available-for-Sale Securities
Cost	964	1,011
Unrealized Gains	17	11
Unrealized Losses
Market Value	981	1,022
Marketable equities [Member]
Available-for-Sale Securities
Cost	135	135
Unrealized Gains
Unrealized Losses
Market Value	$135	$135

2_Investment_Securities_Detail1

2. Investment Securities (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Total, Amortized Cost	$125	$125
Total, Fair Value	125	125
Held to maturity Securities [Member]
Due in one year or less, Amortized Cost
Due after one year through five years, Amortized Cost	125
Due after five years, Amortized Cost
Due in one year or less, Fair Value
Due after one year through five years, Fair Value	125
Due after five years, Fair Value
Total, Amortized Cost	125
Total, Fair Value	125
Available for sale Securities [Member]
Due in one year or less, Amortized Cost
Due after one year through five years, Amortized Cost	12,180
Due after five years, Amortized Cost	1,099
Due in one year or less, Fair Value
Due after one year through five years, Fair Value	12,192
Due after five years, Fair Value	1,116
Total, Amortized Cost	13,279
Total, Fair Value	$13,308

Recovered_Sheet1

2. Investment securities (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Fair Value Less than 12 Months	$2,128	$6,024
Unrealized Losses Less than 12 Months	-1	-8
Fair Value More than 12 Months	1,984	1,991
Unrealized Losses More than 12 Months	-15	-8
Fair Value Total	4,112	8,015
Unrealized Losses Total	-16	-16
U. S. Treasury
Fair Value Less than 12 Months		4,020
Unrealized Losses Less than 12 Months		-6
Fair Value More than 12 Months
Unrealized Losses More than 12 Months
Fair Value Total		4,020
Unrealized Losses Total		-6
Government sponsored enterprises [Member]
Fair Value Less than 12 Months	2,128	2,004
Unrealized Losses Less than 12 Months	-1	-2
Fair Value More than 12 Months	1,984	1,991
Unrealized Losses More than 12 Months	-15	-8
Fair Value Total	4,112	3,995
Unrealized Losses Total	($16)	($10)

3_Loans_Held_for_Investment_De

3. Loans Held for Investment (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Loans outstanding	$526,649	$518,202
Construction/Land Development [Member]
Loans outstanding	67,419	67,181
Farmland [Member]
Loans outstanding	13,092	12,507
Real Estate [Member]
Loans outstanding	163,821	162,249
Multi-Family [Member]
Loans outstanding	12,215	11,775
Commercial Real Estate [Member]
Loans outstanding	123,028	122,305
Home Equity - Closed End [Member]
Loans outstanding	9,479	9,394
Home Equity - Open End [Member]
Loans outstanding	52,669	52,182
Commercial & Industrial - Non-Real Estate
Loans outstanding	29,110	28,161
Consumer [Member]
Loans outstanding	8,478	9,110
Dealer Finance [Member]
Loans outstanding	44,791	40,633
Credit Cards [Member]
Loans outstanding	$2,547	$2,705

3_Loans_Held_for_Investment_De1

3. Loans Held for Investment (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Impaired loans without a valuation allowance
Recorded Investment	$7,353	$8,122
Unpaid Principal Balance	7,490	8,842
Average Recorded Investment	7,875	8,800
Interest Income Recognized	110	390
Impaired loans with a valuation allowance
Recorded Investment	14,834	14,840
Unpaid Principal Balance	14,834	16,613
Related Allowance	1,980	1,617
Average Recorded Investment	14,639	14,074
Interest Income Recognized	98	435
Recorded Investment	22,187	22,962
Unpaid Principal Balance	22,324	25,455
Related Allowance	1,980	1,617
Average Recorded Investment	22,514	22,874
Interest Income Recognized	208	825
Construction/Land Development [Member]
Impaired loans without a valuation allowance
Recorded Investment	4,228	4,982
Unpaid Principal Balance	4,365	5,402
Related Allowance
Average Recorded Investment	5,376	5,412
Interest Income Recognized	49	251
Impaired loans with a valuation allowance
Recorded Investment	12,957	12,976
Unpaid Principal Balance	12,957	14,749
Related Allowance	1,840	1,469
Average Recorded Investment	12,705	12,056
Interest Income Recognized	78	326
Farmland [Member]
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment		1,163
Interest Income Recognized
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Real Estate [Member]
Impaired loans without a valuation allowance
Recorded Investment	139	141
Unpaid Principal Balance	139	141
Related Allowance
Average Recorded Investment	104	85
Interest Income Recognized	4	5
Impaired loans with a valuation allowance
Recorded Investment	920	926
Unpaid Principal Balance	920	926
Related Allowance	98	101
Average Recorded Investment	943	988
Interest Income Recognized	17	105
Multi-Family [Member]
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Commercial Real Estate [Member]
Impaired loans without a valuation allowance
Recorded Investment	1,148	1,159
Unpaid Principal Balance	1,148	1,459
Related Allowance
Average Recorded Investment	1,510	1,450
Interest Income Recognized	13	66
Impaired loans with a valuation allowance
Recorded Investment	896	938
Unpaid Principal Balance	896	938
Related Allowance	26	47
Average Recorded Investment	985	1,030
Interest Income Recognized	1	4
Home Equity - Closed End [Member]
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment		123
Interest Income Recognized
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Home Equity - Open End [Member]
Impaired loans without a valuation allowance
Recorded Investment	1,649	1,649
Unpaid Principal Balance	1,649	1,649
Related Allowance
Average Recorded Investment	660	330
Interest Income Recognized	42	57
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Commercial & Industrial - Non-Real Estate
Impaired loans without a valuation allowance
Recorded Investment	189	191
Unpaid Principal Balance	189	191
Related Allowance
Average Recorded Investment	225	237
Interest Income Recognized	2	11
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Consumer [Member]
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Credit Cards [Member]
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Dealer Finance [Member]
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Impaired loans with a valuation allowance
Recorded Investment	61
Unpaid Principal Balance	61
Related Allowance	16
Average Recorded Investment	12
Interest Income Recognized	$2

4_Allowance_for_Loan_Losses_De

4. Allowance for Loan Losses (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Beginning Balance	$8,725	$8,184
Charge-offs	261	2,470
Recoveries	174	761
Provision	300	2,250
Ending Balance	8,938	8,725
Individually Evaluated for Impairment	1,980	1,617
Collectively Evaluated for Impairment	6,958	7,108
Construction/Land Development [Member]
Beginning Balance	4,738	4,007
Charge-offs	138	1,611
Recoveries	80	223
Provision	350	2,119
Ending Balance	5,030	4,738
Individually Evaluated for Impairment	1,840	1,469
Collectively Evaluated for Impairment	3,190	3,269
Farmland [Member]
Beginning Balance	102	-2
Charge-offs
Recoveries
Provision		104
Ending Balance	102	102
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	102	102
Real Estate [Member]
Beginning Balance	623	400
Charge-offs		208
Recoveries
Provision	-34	431
Ending Balance	589	623
Individually Evaluated for Impairment	98	101
Collectively Evaluated for Impairment	491	522
Multi-Family [Member]
Beginning Balance	95
Charge-offs
Recoveries
Provision		95
Ending Balance	95	95
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	95	95
Commercial Real Estate [Member]
Beginning Balance	126	777
Charge-offs
Recoveries	22	108
Provision	-47	-759
Ending Balance	101	126
Individually Evaluated for Impairment	26	47
Collectively Evaluated for Impairment	75	79
Home Equity - Closed End [Member]
Beginning Balance	188	157
Charge-offs	10
Recoveries
Provision		31
Ending Balance	178	188
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	178	188
Home Equity - Open End [Member]
Beginning Balance	154	476
Charge-offs	23	80
Recoveries
Provision	16	-242
Ending Balance	147	154
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	147	154
Commercial & Industrial - Non-Real Estate
Beginning Balance	1,014	1,464
Charge-offs		385
Recoveries	53	356
Provision	-103	-424
Ending Balance	964	1,014
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	964	1,014
Consumer [Member]
Beginning Balance	214	156
Charge-offs	12	33
Recoveries	9	33
Provision	18	58
Ending Balance	229	214
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	229	214
Dealer Finance [Member]
Beginning Balance	1,336	628
Charge-offs	50	107
Recoveries	2	6
Provision	95	809
Ending Balance	1,383	1,336
Individually Evaluated for Impairment	16
Collectively Evaluated for Impairment	1,367	1,336
Credit Cards [Member]
Beginning Balance	135	121
Charge-offs	28	46
Recoveries	8	35
Provision	5	25
Ending Balance	120	135
Individually Evaluated for Impairment
Collectively Evaluated for Impairment	$120	$135

4_Allowance_for_Loan_Losses_De1

4. Allowance for Loan Losses (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Loan Receivable	$526,649	$518,202
Individually evaluated for impairment	22,187	22,962
Collectively evaluated for impairment	504,462	495,240
Construction/Land Development [Member]
Loan Receivable	67,419	67,181
Individually evaluated for impairment	17,185	17,958
Collectively evaluated for impairment	50,234	49,223
Farmland [Member]
Loan Receivable	13,092	12,507
Individually evaluated for impairment
Collectively evaluated for impairment	13,092	12,507
Real Estate [Member]
Loan Receivable	163,821	162,249
Individually evaluated for impairment	1,059	1,067
Collectively evaluated for impairment	162,762	161,182
Multi-Family [Member]
Loan Receivable	12,215	11,775
Individually evaluated for impairment
Collectively evaluated for impairment	12,215	11,775
Commercial Real Estate [Member]
Loan Receivable	123,028	122,305
Individually evaluated for impairment	2,044	2,097
Collectively evaluated for impairment	120,984	120,208
Home Equity - Closed End [Member]
Loan Receivable	9,479	9,394
Individually evaluated for impairment
Collectively evaluated for impairment	9,479	9,394
Home Equity - Open End [Member]
Loan Receivable	52,669	52,182
Individually evaluated for impairment	1,649	1,649
Collectively evaluated for impairment	51,020	50,533
Commercial & Industrial - Non-Real Estate
Loan Receivable	29,110	28,161
Individually evaluated for impairment	189	191
Collectively evaluated for impairment	28,921	27,970
Consumer [Member]
Loan Receivable	8,478	9,110
Individually evaluated for impairment
Collectively evaluated for impairment	8,478	9,110
Dealer Finance [Member]
Loan Receivable	44,791	40,633
Individually evaluated for impairment	61
Collectively evaluated for impairment	44,730	40,633
Credit Cards [Member]
Loan Receivable	2,547	2,705
Individually evaluated for impairment
Collectively evaluated for impairment	$2,547	$2,705

4_Allowance_for_Loan_Losses_De2

4. Allowance for Loan Losses (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
30-59 Days Past due	$5,351	$7,951
60-89 Days Past due	992	1,039
Greater than 90 Days (excluding non-accrual)	105	1
Non-Accrual Loans	7,070	6,974
Total past due	13,518	15,965
Current	513,131	502,237
Total Loans Receivable	526,649	518,202
Construction/Land Development [Member]
30-59 Days Past due	266	205
60-89 Days Past due		166
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans	4,500	4,508
Total past due	4,766	4,879
Current	62,653	62,302
Total Loans Receivable	67,419	67,181
Farmland [Member]
30-59 Days Past due	41
60-89 Days Past due
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans
Total past due	41
Current	13,051	12,507
Total Loans Receivable	13,092	12,507
Real Estate [Member]
30-59 Days Past due	3,813	5,085
60-89 Days Past due	301	635
Greater than 90 Days (excluding non-accrual)	23
Non-Accrual Loans	1,282	973
Total past due	5,419	6,693
Current	158,402	155,556
Total Loans Receivable	163,821	162,249
Multi-Family [Member]
30-59 Days Past due
60-89 Days Past due
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans
Total past due
Current	12,215	11,775
Total Loans Receivable	12,215	11,775
Commercial Real Estate [Member]
30-59 Days Past due	219	747
60-89 Days Past due	377
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans	1,080	1,165
Total past due	1,676	1,912
Current	121,352	120,393
Total Loans Receivable	123,028	122,305
Home Equity - Closed End [Member]
30-59 Days Past due	12	162
60-89 Days Past due	65	15
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans		10
Total past due	77	187
Current	9,402	9,207
Total Loans Receivable	9,479	9,394
Home Equity - Open End [Member]
30-59 Days Past due	230	730
60-89 Days Past due	106	25
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans	121	143
Total past due	457	898
Current	52,212	51,284
Total Loans Receivable	52,669	52,182
Commercial & Industrial - Non-Real Estate
30-59 Days Past due	66
60-89 Days Past due	27
Greater than 90 Days (excluding non-accrual)
Non-Accrual Loans		14
Total past due	93	14
Current	29,017	28,147
Total Loans Receivable	29,110	28,161
Consumer [Member]
30-59 Days Past due	268	290
60-89 Days Past due	31	9
Greater than 90 Days (excluding non-accrual)	4
Non-Accrual Loans	4
Total past due	307	299
Current	8,171	8,811
Total Loans Receivable	8,478	9,110
Dealer Finance [Member]
30-59 Days Past due	433	696
60-89 Days Past due	80	189
Greater than 90 Days (excluding non-accrual)	78
Non-Accrual Loans	83	161
Total past due	674	1,046
Current	44,117	39,587
Total Loans Receivable	44,791	40,633
Credit Cards [Member]
30-59 Days Past due	3	36
60-89 Days Past due	5
Greater than 90 Days (excluding non-accrual)		1
Non-Accrual Loans
Total past due	8	37
Current	2,539	2,668
Total Loans Receivable	$2,547	$2,705

4_Allowance_for_Loan_Losses_De3

4. Allowance for Loan Losses (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Construction/Land Development	$67,419	$67,181
Farmland	13,092	12,507
Real Estate	163,821	162,249
Multi-Family	12,215	11,775
Commercial Real Estate	123,028	122,305
Home Equity - closed end	9,479	9,394
Home Equity - open end	52,669	52,182
Commercial & Industrial (Non-Real Estate)	29,110	28,161
Total	470,833	465,754
Grade 1 Minimal Risk [Member]
Construction/Land Development
Farmland	67	68
Real Estate
Multi-Family
Commercial Real Estate
Home Equity - closed end
Home Equity - open end
Commercial & Industrial (Non-Real Estate)	620	643
Total	687	711
Grade 2 Modest Risk [Member]
Construction/Land Development	163	165
Farmland
Real Estate	620	629
Multi-Family	449	468
Commercial Real Estate	1,636	1,687
Home Equity - closed end
Home Equity - open end	1,498	1,555
Commercial & Industrial (Non-Real Estate)	94	74
Total	4,460	4,578
Grade 3 Average Risk [Member]
Construction/Land Development	7,326	8,460
Farmland	1,647	1,640
Real Estate	56,584	60,290
Multi-Family	4,102	4,145
Commercial Real Estate	21,547	22,800
Home Equity - closed end	3,952	4,327
Home Equity - open end	12,992	13,433
Commercial & Industrial (Non-Real Estate)	6,333	4,692
Total	114,483	119,787
Grade 4 Acceptable Risk [Member]
Construction/Land Development	25,796	24,227
Farmland	4,038	3,451
Real Estate	72,896	66,464
Multi-Family	3,132	2,183
Commercial Real Estate	65,775	65,653
Home Equity - closed end	3,400	3,090
Home Equity - open end	29,261	28,425
Commercial & Industrial (Non-Real Estate)	17,159	18,039
Total	221,457	211,532
Grade 5 Marginally Acceptable [Member]
Construction/Land Development	9,532	9,605
Farmland	5,234	5,228
Real Estate	23,236	23,934
Multi-Family	4,532	4,979
Commercial Real Estate	22,328	19,058
Home Equity - closed end	1,889	1,812
Home Equity - open end	4,515	4,309
Commercial & Industrial (Non-Real Estate)	4,083	3,948
Total	75,349	72,873
Grade 6 Watch [Member]
Construction/Land Development	6,566	3,815
Farmland
Real Estate	6,626	7,083
Multi-Family
Commercial Real Estate	9,287	10,571
Home Equity - closed end	143	154
Home Equity - open end	1,837	1,936
Commercial & Industrial (Non-Real Estate)	754	735
Total	25,213	24,294
Grade 7 Substandard [Member]
Construction/Land Development	18,036	20,909
Farmland	2,106	2,120
Real Estate	3,859	3,849
Multi-Family
Commercial Real Estate	2,455	2,536
Home Equity - closed end	95	11
Home Equity - open end	2,566	2,524
Commercial & Industrial (Non-Real Estate)	67	30
Total	29,184	31,979
Grade 8 Doubtful [Member]
Construction/Land Development
Farmland
Real Estate
Multi-Family
Commercial Real Estate
Home Equity - closed end
Home Equity - open end
Commercial & Industrial (Non-Real Estate)
Total

4_Allowance_for_Loan_Losses_De4

4. Allowance for Loan Losses (Details 4) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Credit cards	$2,547	$2,705
Consumer	53,269	49,743
Performing Financing Receivable [Member]
Credit cards	2,547	2,704
Consumer	53,100	49,582
Nonperforming Financing Receivable [Member]
Credit cards		1
Consumer	$169	$161

5_Employee_Benefit_Plan_Detail

5. Employee Benefit Plan (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Employee Benefit Plan Details
Service cost	$162,083	$125,257
Interest cost	102,736	94,427
Expected return on plan assets	-209,704	-174,563
Amortization of net obligation at transition
Amortization of prior service cost	-3,809	-3,809
Amortization of net loss	45,160	9,028
Net periodic pension cost	$96,466	$50,340

5_Employee_Benefit_Plan_Detail1

5. Employee Benefit Plan (Details Narrative) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Employee Benefit Plan Details Narrative
Contribution to employee benefit plan	$750

6_Fair_Value_Details

6. Fair Value (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Impaired loans	$12,854	$13,223
Fair Value Inputs Level 3 [Member]
Impaired loans	$12,854	$13,223
Fair Value Measurements, Valuation Techniques	Discounted appraised value	Discounted appraised value
Significant Unobservable Inputs	Discount for selling costs and age of appraisals	Discount for selling costs and age of appraisals
Fair Value Inputs Level 3 [Member] | Minimum [Member]
Fair Value Measurements, Valuation range	15.00%	15.00%
Fair Value Inputs Level 3 [Member] | Maximum [Member]
Fair Value Measurements, Valuation range	55.00%	55.00%

6_Fair_Value_Details_1

6. Fair Value (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Total assets at fair value	$13,308	$13,215
Total liabilities at fair value
Derivative financial instruments at fair value	33	33
Fair Value Inputs Level 1 [Member]
Total assets at fair value
Total liabilities at fair value
Derivative financial instruments at fair value
Fair Value Inputs Level 2 [Member]
Total assets at fair value	13,308	13,215
Total liabilities at fair value
Derivative financial instruments at fair value	33	33
Fair Value Inputs Level 3 [Member]
Total assets at fair value
Total liabilities at fair value
Derivative financial instruments at fair value
U.S. Treasury Securities [Member]
Total assets at fair value	4,039	4,020
U.S. Treasury Securities [Member] | Fair Value Inputs Level 1 [Member]
Total assets at fair value
U.S. Treasury Securities [Member] | Fair Value Inputs Level 2 [Member]
Total assets at fair value	4,039	4,020
U.S. Treasury Securities [Member] | Fair Value Inputs Level 3 [Member]
Total assets at fair value
Government Sponsored Enterprises [Member]
Total assets at fair value	8,153	8,038
Government Sponsored Enterprises [Member] | Fair Value Inputs Level 1 [Member]
Total assets at fair value
Government Sponsored Enterprises [Member] | Fair Value Inputs Level 2 [Member]
Total assets at fair value	8,153	8,038
Government Sponsored Enterprises [Member] | Fair Value Inputs Level 3 [Member]
Total assets at fair value
Mortgage Backed Obligations of Federal Agencies [Member]
Total assets at fair value	981	1,022
Mortgage Backed Obligations of Federal Agencies [Member] | Fair Value Inputs Level 1 [Member]
Total assets at fair value
Mortgage Backed Obligations of Federal Agencies [Member] | Fair Value Inputs Level 2 [Member]
Total assets at fair value	981	1,022
Mortgage Backed Obligations of Federal Agencies [Member] | Fair Value Inputs Level 3 [Member]
Total assets at fair value
Corporate equities [Member]
Total assets at fair value	135	135
Corporate equities [Member] | Fair Value Inputs Level 1 [Member]
Total assets at fair value
Corporate equities [Member] | Fair Value Inputs Level 2 [Member]
Total assets at fair value	135	135
Corporate equities [Member] | Fair Value Inputs Level 3 [Member]
Total assets at fair value
Available for sale Securities [Member]
Total assets at fair value	13,308	13,215
Available for sale Securities [Member] | Fair Value Inputs Level 1 [Member]
Total assets at fair value
Available for sale Securities [Member] | Fair Value Inputs Level 2 [Member]
Total assets at fair value	13,308	13,215
Available for sale Securities [Member] | Fair Value Inputs Level 3 [Member]
Total assets at fair value

6_Fair_Value_Details_2

6. Fair Value (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Impaired loans	$12,854	$13,223
Assets Fair Value	15,623	16,730
Liabilities Fair Value
Fair Value Inputs Level 1 [Member]
Impaired loans
Assets Fair Value
Liabilities Fair Value
Fair Value Inputs Level 2 [Member]
Impaired loans
Assets Fair Value
Liabilities Fair Value
Fair Value Inputs Level 3 [Member]
Impaired loans	12,854	13,223
Assets Fair Value	15,623	16,730
Liabilities Fair Value
Other Real Estate Owned
Other Real Estate Owned Loans	2,769	3,507
Other Real Estate Owned | Fair Value Inputs Level 1 [Member]
Other Real Estate Owned Loans
Other Real Estate Owned | Fair Value Inputs Level 2 [Member]
Other Real Estate Owned Loans
Other Real Estate Owned | Fair Value Inputs Level 3 [Member]
Other Real Estate Owned Loans	2,769	3,507
Construction/Land Development [Member]
Impaired loans	11,117	11,507
Construction/Land Development [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Construction/Land Development [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Construction/Land Development [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans	11,117	11,507
Farmland [Member]
Impaired loans
Farmland [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Farmland [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Farmland [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans
Real Estate [Member]
Impaired loans	822	825
Real Estate [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Real Estate [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Real Estate [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans	822	825
Multi-Family [Member]
Impaired loans
Multi-Family [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Multi-Family [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Multi-Family [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans
Commercial Real Estate [Member]
Impaired loans	870	891
Commercial Real Estate [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Commercial Real Estate [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Commercial Real Estate [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans	870	891
Home Equity - Closed End [Member]
Impaired loans
Home Equity - Closed End [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Home Equity - Closed End [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Home Equity - Closed End [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans
Home Equity - Open End [Member]
Impaired loans
Home Equity - Open End [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Home Equity - Open End [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Home Equity - Open End [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans
Commercial & Industrial - Non-Real Estate
Impaired loans
Commercial & Industrial - Non-Real Estate | Fair Value Inputs Level 1 [Member]
Impaired loans
Commercial & Industrial - Non-Real Estate | Fair Value Inputs Level 2 [Member]
Impaired loans
Commercial & Industrial - Non-Real Estate | Fair Value Inputs Level 3 [Member]
Impaired loans
Consumer [Member]
Impaired loans
Consumer [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Consumer [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Consumer [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans
Credit Cards [Member]
Impaired loans
Credit Cards [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Credit Cards [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Credit Cards [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans
Dealer Finance [Member]
Impaired loans	45
Dealer Finance [Member] | Fair Value Inputs Level 1 [Member]
Impaired loans
Dealer Finance [Member] | Fair Value Inputs Level 2 [Member]
Impaired loans
Dealer Finance [Member] | Fair Value Inputs Level 3 [Member]
Impaired loans	$45

7_Disclosures_About_Fair_Value2

7. Disclosures About Fair Value of Financial Instruments (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financial Assets
Loans, Estimated Fair Value	$550,793	$551,338
Loans, Carrying value	526,649	518,202
Financial Liabilities
Time deposits, Estimated Fair Value	176,779	196,826
Time deposits, Carrying Value	175,711	195,464
Long-term debt, Estimated Fair Value	24,739	9,862
Long-term debt, Carrying Value	$24,750	$9,875

8_Troubled_Debt_Restructuring_1

8. Troubled Debt Restructuring (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
	Integer
Number of Contracts	3
Pre-Modification Outstanding Recorded Investment	$45
Post-Modification Outstanding Recorded Investment	45
Consumer [Member]
Number of Contracts	3
Pre-Modification Outstanding Recorded Investment	45
Post-Modification Outstanding Recorded Investment	$45