Old Point Financial (OPOF) 10-Q 11 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 05, 2020
Cover [Abstract]
Entity Registrant Name	OLD POINT FINANCIAL CORP
Entity Central Index Key	0000740971
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		5,219,507
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Address, State or Province	VA

Consolidated Balance Sheets (un

Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks		$ 26,896	$ 37,280
Interest-bearing due from banks		51,228	48,610
Federal funds sold		6	3,975
Cash and cash equivalents		78,130	89,865
Securities available-for-sale, at fair value		152,608	145,715
Restricted securities, at cost		3,152	2,926
Loans held for sale		2,309	590
Loans, net	[1]	750,550	738,205
Premises and equipment, net		35,136	35,312
Premises and equipment, held for sale		907	907
Bank-owned life insurance		27,777	27,547
Other real estate owned, net		236	0
Goodwill		1,650	1,650
Core deposit intangible, net		352	363
us-gaap:OtherAssets		12,470	11,408
Total assets		1,065,277	1,054,488
Deposits:
Noninterest-bearing deposits		258,104	262,558
Savings deposits		428,836	399,020
Time deposits		215,596	227,918
Total deposits		902,536	889,496
Overnight repurchase agreements		4,817	11,452
Federal Home Loan Bank advances		42,000	37,000
Other borrowings		1,800	1,950
us-gaap:OtherLiabilities		4,080	4,834
Total liabilities		955,233	944,732
Stockholders' equity:
Common stock, $5 par value, 10,000,000 shares authorized; 5,200,606 and 5,200,038 shares outstanding (includes 12,385 and 19,933 of nonvested restricted stock, respectively)		25,941	25,901
Additional paid-in capital		21,026	20,959
Retained earnings		63,601	62,975
Accumulated other comprehensive loss, net		(524)	(79)
Total stockholders' equity		110,044	109,756
Total liabilities and stockholders' equity		$ 1,065,277	$ 1,054,488
[1]	Net deferred loan fees totaled $511 thousand and $557 thousand at March 31, 2020 and December 31, 2019, respectively.

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (unaudited) (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 5	$ 5
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares outstanding (in shares)	5,200,606	5,200,038
Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested restricted stock (in shares)	12,385	19,933

Consolidated Statements of Inco

Consolidated Statements of Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest and Dividend Income:
Loans, including fees	$ 8,827	$ 8,862
Due from banks	151	57
Federal funds sold	12	7
Securities:
Taxable	864	620
Tax-exempt	86	266
Dividends and interest on all other securities	46	64
Total interest and dividend income	9,986	9,876
Interest Expense:
Checking and savings deposits	340	251
Time deposits	972	870
Federal funds purchased, securities sold under agreements to repurchase and other borrowings	22	37
Federal Home Loan Bank advances	234	359
Total interest expense	1,568	1,517
Net interest income	8,418	8,359
Provision for loan losses	300	226
Net interest income after provision for loan losses	8,118	8,133
Noninterest Income:
Bank-owned life insurance income	231	192
Mortgage banking income	157	216
Gain on sale of available-for-sale securities, net	0	26
Total noninterest income	3,278	3,416
Noninterest Expense:
Salaries and employee benefits	5,994	5,699
Occupancy and equipment	1,266	1,393
Data processing	819	363
Customer development	114	162
Professional services	475	514
Employee professional development	220	186
Other taxes	150	150
ATM and other losses	98	62
(Gain) loss on other real estate owned	0	(2)
Other operating expenses	894	764
Total noninterest expense	10,030	9,291
Income before income taxes	1,366	2,258
Income tax expense	116	231
Net income	$ 1,250	$ 2,027
Basic Earnings per Share:
Weighted average shares outstanding (in shares)	5,200,250	5,184,586
Net income per share of common stock (in dollars per share)	$ 0.24	$ 0.39
Diluted Earnings per Share:
Weighted average shares outstanding (in shares)	5,200,989	5,184,599
Net income per share of common stock (in dollars per share)	$ 0.24	$ 0.39
Fiduciary and Asset Management Fees [Member]
Noninterest Income:
Noninterest revenue	$ 1,017	$ 959
Service Charges on Deposit Accounts [Member]
Noninterest Income:
Noninterest revenue	895	1,053
Other Service Charges, Commissions and Fees [Member]
Noninterest Income:
Noninterest revenue	943	925
Other Operating Income [Member]
Noninterest Income:
Noninterest revenue	$ 35	$ 45

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Consolidated Statements of Comprehensive Income (unaudited) [Abstract]
Net income	$ 1,250	$ 2,027
Other comprehensive income (loss), net of tax
Net unrealized gain (loss) on available-for-sale securities	(445)	1,561
Reclassification for gain included in net income	0	(21)
Other comprehensive income (loss), net of tax	(445)	1,540
Comprehensive income	$ 805	$ 3,567

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning Balance at Dec. 31, 2018	$ 25,853	$ 20,698	$ 57,611	$ (2,156)	$ 102,006
Beginning Balance (in shares) at Dec. 31, 2018	5,170,600
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	2,027	0	2,027
Other comprehensive income (loss), net of tax	0	0	0	1,540	1,540
Employee Stock Purchase Plan share issuance	$ 4	15	0	0	19
Employee Stock Purchase Plan share issuance (in shares)	862
Stock-based compensation expense	$ 0	50	0	0	50
Cash dividends	0	0	(623)	0	(623)
Ending Balance at Mar. 31, 2019	$ 25,857	20,763	59,015	(616)	105,019
Ending Balance (in shares) at Mar. 31, 2019	5,171,462
Beginning Balance at Dec. 31, 2019	$ 25,901	20,959	62,975	(79)	$ 109,756
Beginning Balance (in shares) at Dec. 31, 2019	5,180,105				5,200,038
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	1,250	0	$ 1,250
Other comprehensive income (loss), net of tax	0	0	0	(445)	(445)
Employee Stock Purchase Plan share issuance	$ 4	17	0	0	21
Employee Stock Purchase Plan share issuance (in shares)	858
Restricted stock vested	$ 36	(36)	0	0	0
Restricted stock vested (in shares)	7,258
Stock-based compensation expense	$ 0	86	0	0	86
Cash dividends	0	0	(624)	0	(624)
Ending Balance at Mar. 31, 2020	$ 25,941	$ 21,026	$ 63,601	$ (524)	$ 110,044
Ending Balance (in shares) at Mar. 31, 2020	5,188,221				5,200,606

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Consolidated Statements of Changes in Stockholders' Equity (unaudited) [Abstract]
Cash dividends (in dollars per share)	$ 0.12	$ 0.12

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 1,250	$ 2,027
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	544	559
Amortization of right of use lease asset	88	0
Accretion related to acquisition, net	(20)	(81)
Provision for loan losses	300	226	$ 318
Gain on sale of securities, net	0	(26)
Net amortization of securities	154	335
Increase in loans held for sale, net	(1,719)	(170)
Net (gain) on sale of other real estate owned	0	(2)
Income from bank owned life insurance	(231)	(192)
Stock compensation expense	86	50
Deferred tax benefit	215	589
Increase in other assets	(573)	(595)
Decrease in accrued expenses and other liabilities	(1,426)	(1,067)
Net cash (used in) provided by operating activities	(1,332)	1,653
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of available-for-sale securities	(13,570)	(19,141)
(Purchases of) proceeds from redemption restricted securities, net	(226)	162
Proceeds from maturities and calls of available-for-sale securities	2,500	2,150
Proceeds from sales of available-for-sale securities	0	6,476
Paydowns on available-for-sale securities	3,459	2,583
Net (increase) decrease in loans held for investment	(12,850)	10,926
Proceeds from sales of other real estate owned	0	85
Purchases of premises and equipment	(368)	(498)
Net cash (used in) provided by investing activities	(21,055)	2,743
CASH FLOWS FROM FINANCING ACTIVITIES
Decrease in noninterest-bearing deposits	(4,454)	(13,311)
Increase in savings deposits	29,816	4,274
(Decrease) increase in time deposits	(12,322)	2,109
Decrease in federal funds purchased, repurchase agreements and other borrowings, net	(6,785)	(1,282)
Increase in Federal Home Loan Bank advances	25,000	5,000
Repayment of Federal Home Loan Bank advances	(20,000)	(10,000)
Proceeds from ESPP issuance	21	19
Cash dividends paid on common stock	(624)	(623)
Net cash provided by (used in) financing activities	10,652	(13,814)
Net decrease in cash and cash equivalents	(11,735)	(9,418)
Cash and cash equivalents at beginning of period	89,865	42,217	42,217
Cash and cash equivalents at end of period	78,130	32,799	$ 89,865
Cash payments for:
Interest	1,639	1,486
SUPPLEMENTAL SCHEDULE OF NONCASH TRANSACTIONS
Unrealized gain (loss) on securities available-for-sale	(563)	1,949
Loans transferred to other real estate owned	236	0
Right of use lease asset and liability	$ 672	$ 751

Accounting Policies

Accounting Policies	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Accounting Policies	Note 1. Accounting Policies The accompanying unaudited consolidated financial statements of Old Point Financial Corporation (NASDAQ: OPOF) (the Company) and its subsidiaries have been prepared in accordance with U.S. GAAP for interim financial information. All significant intercompany balances and transactions have been eliminated. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments and reclassifications of a normal and recurring nature considered necessary to present fairly the financial position at March 31, 2020 and December 31, 2019, the statements of income, comprehensive income, changes in stockholders’ equity and the statements of cash flows for the three months ended March 31, 2020 and 2019. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the full year. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2019 Annual Report on Form 10-K. Certain previously reported amounts have been reclassified to conform to current period presentation, none of which were material in nature. PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services N.A. (Trust). All significant intercompany balances and transactions have been eliminated in consolidation. NATURE OF OPERATIONS Old Point Financial Corporation is a holding company that conducts substantially all of its operations through two subsidiaries, the Bank and Trust. The Bank serves individual and commercial customers, the majority of which are in Hampton Roads, Virginia. As of March 31, 2020, the Bank had 19 branch offices. The Bank offers a full range of deposit and loan products to its retail and commercial customers, including mortgage loan products offered through Old Point Mortgage. Trust offers a full range of services for individuals and businesses. Products and services include retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services and investment management services. COVID-19 In December 2019, a novel strain of coronavirus (COVID-19) was reported to have surfaced in China, and has since spread to a number of other countries, including the United States. The outbreak of COVID-19 could adversely impact a broad range of industries in which the Company’s customers operate and impair their ability to fulfill their financial obligations to the Company. In March 2020, the World Health Organization declared COVID-19 to be a global pandemic indicating that almost all public commerce and related business activities must be, to varying degrees, curtailed. In response to the COVID-19 pandemic, the Virginia governor has taken preventative or protective actions, such as imposing restrictions on travel and business operations, advising or requiring individuals to limit or forego their time outside of their homes, and ordering temporary closures of businesses that have been deemed to be non-essential. The Bank has been deemed an essential business and our branches remain open for drive-thru services and appointments. The impact of the COVID-19 pandemic is fluid and continues to evolve. The COVID-19 pandemic and its associated impacts on trade (including supply chains and export levels), travel, employee productivity, unemployment, consumer spending, and other economic activities has resulted in less economic activity, lower equity market valuations and significant volatility and disruption in financial markets, and is reasonably possible to have an adverse effect on the Company’s business, financial condition and results of operations. The ultimate extent of the impact of the COVID-19 pandemic on the Company’s business, financial condition and results of operations is currently not yet estimable and the Company believes that it will depend on various developments and other factors, including, among others, the duration and scope of the pandemic, as well as governmental, regulatory and private sector responses to the pandemic, and the associated impacts on the economy, financial markets and our customers, employees and vendors. ​ The Company’s business, financial condition and results of operations generally rely upon the ability of its borrowers to repay their loans, the value of collateral underlying secured loans, and the demand for loans and other products and services offered, which are highly dependent on the business environment in the Company’s primary markets. As of April 30, 2020, the Company had payment deferral requests on $125.9 million, or 16.6% of our total loan portfolio. The standard deferral for both principal and interest for mortgage and commercial loans was 90 days and for consumer automobile loans was 60 days. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law, which established the Paycheck Protection Program (PPP), establishing $349 billion in funding for loans. Under the program, the Small Business Administration (SBA) will forgive loans made by approved lenders to eligible borrowers for payroll, rent, mortgage interest, and/or utilities. On April 16, 2020, the original funding under the PPP was depleted, and on April 24, 2020, further funding was signed into law, adding another $310 billion to the PPP. As of April 30, 2020, the Company facilitated the approval of $105.0 million in PPP loans for both customers and non-customers. The Company has participated and intends to continue to participate until the PPP funds are depleted. RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The FASB has issued multiple updates to ASU No. 2016-13 as codified in Topic 326, including ASU No. 2019-04, ASU No. 2019-05, ASU No. 2019-10, ASU No. 2019-11, ASU No. 2020-02, and ASU No. 2020-03. These ASUs have provided for various minor technical corrections and improvements to the codification as well as other transition matters. Smaller reporting companies who file with the U.S. Securities and Exchange Commission (SEC) and all other entities who do not file with the SEC are required to apply the guidance for fiscal years, and interim periods within those years, beginning after December 15, 2022. The Company has formed a committee to oversee the adoption of the new standard, has engaged a third party to assist with implementation, has performed data fit gap and loss driver analyses, intends to run parallel models beginning with third quarter data, and is continuing to evaluate the impact that ASU No. 2016-13 will have on its consolidated financial statements. Effective November 25, 2019, the SEC adopted Staff Accounting Bulletin (SAB) 119. SAB 119 updated portions of SEC interpretative guidance to align with FASB ASC 326, “Financial Instruments – Credit Losses.” It covers topics including (1) measuring current expected credit losses; (2) development, governance, and documentation of a systematic methodology; (3) documenting the results of a systematic methodology; and (4) validating a systematic methodology. In December 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes.” The ASU is expected to reduce cost and complexity related to the accounting for income taxes by removing specific exceptions to general principles in Topic 740 (eliminating the need for an organization to analyze whether certain exceptions apply in a given period) and improving financial statement preparers’ application of certain income tax-related guidance. This ASU is part of the FASB’s simplification initiative to make narrow-scope simplifications and improvements to accounting standards through a series of short-term projects. For public business entities, the amendments are effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently assessing the impact that ASU No. 2019-12 will have on its consolidated financial statements. In January 2020, the FASB issued ASU No. 2020-01, “Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323, and Topic 815.” The ASU is based on a consensus of the Emerging Issues Task Force and is expected to increase comparability in accounting for these transactions. ASU No. 2016-01 made targeted improvements to accounting for financial instruments, including providing an entity the ability to measure certain equity securities without a readily determinable fair value at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Among other topics, the amendments clarify that an entity should consider observable transactions that require it to either apply or discontinue the equity method of accounting. For public business entities, the amendments in the ASU are effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect the adoption of ASU 2020-01 to have a material impact on its consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is assessing ASU No. 2020-04 and its impact on the Company’s transition away from LIBOR for its loan and other financial instruments. On March 12, 2020, the SEC finalized amendments to the definitions of its “accelerated filer” and “large accelerated filer” definitions. The amendments increase the threshold criteria for meeting these filer classifications and were effective on April 27, 2020. Any changes in filer status are to be applied beginning with the filer’s first Annual Report on Form 10-K filed with the SEC subsequent to the effective date. Prior to these changes, the Company was required to comply with Section 404(b) of the Sarbanes Oxley Act of 2002 concerning auditor attestation over internal control over financial reporting as an “accelerated filer” as it had more than $75 million in public float but less than $700 million at the end of the Company’s most recent second fiscal quarter. The rule change expands the definition of “non-accelerated filer” to include entities with public float between $75 million and $700 million and less than $100 million in annual revenues. The Company expects to meet this expanded category of non-accelerated filer and will no longer be considered an accelerated filer, as of its Annual Report on Form 10-K for the fiscal year ending December 31, 2020. If the Company’s annual revenues exceed $100 million, its category will change back to “accelerated filer”. The classifications of “accelerated filer” and “large accelerated filer” require a public company to obtain an auditor attestation concerning the effectiveness of internal control over financial reporting (ICFR) and include the opinion on ICFR in its Annual Report on Form 10-K. Non-accelerated filers also have additional time to file quarterly and annual financial statements. All public companies are required to obtain and file annual financial statement audits, as well as provide management’s assertion on effectiveness of internal control over financial reporting, but the external auditor attestation of internal control over financial reporting is not required for non-accelerated filers. As the Bank has total assets exceeding $1.0 billion, it remains subject to the Federal Deposit Insurance Corporation act of 1991, or FDICIA, which requires an auditor attestation concerning internal controls over financial reporting. As such, other than the additional time provided to file quarterly and annual financial statements, this change does not significantly change the Company’s annual reporting and audit requirements. ACCOUNTING STANDARDS ADOPTED IN 2020 In January 2017, the FASB issued ASU No. 2017-04, “Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment” (ASU 2017-04). ASU 2017-04 simplifies the accounting for goodwill impairment for all entities by requiring impairment charges to be based on the first step in the previous two-step impairment test. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, an entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. The standard eliminates the prior requirement to calculate a goodwill impairment charge using Step 2, which requires an entity to calculate any impairment charge by comparing the implied fair value of goodwill with its carrying amount. ASU No. 2017-04 was effective for the Company on January 1, 2020 and did not have a material impact on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820) - Changes to the Disclosure Requirements for Fair Value Measurement” (ASU 2018-13). ASU 2018-13 modifies the disclosure requirements on fair value measurements by requiring that Level 3 fair value disclosures include the range and weighted average of significant unobservable inputs used to develop those fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 fair value measurements. Certain disclosure requirements in Topic 820 were also removed or modified. ASU No. 2018-13 was effective for the Company on January 1, 2020 and did not have a material impact on its consolidated financial statements. In March 2020, various regulatory agencies, including the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation, (“the agencies”) issued an interagency statement on loan modifications and reporting for financial institutions working with customers affected by the COVID-19 pandemic, which was revised in April 2020. The interagency statement was effective immediately and impacted accounting for loan modifications. Under ASU No. 310-40, “Receivables – Troubled Debt Restructurings by Creditors,” (ASC 310-40), a restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor, for economic or legal reasons related to the debtor’s financial difficulties, grands a concession to the debtor that it would not otherwise consider. The agencies confirmed with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief, are not to be considered TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time a modification program is implemented. This interagency guidance is expected to have a material impact on the Company’s financial statements; however, this impact cannot be quantified at this time. Refer to Note 3 for further discussion.

Securities

Securities	3 Months Ended
	Mar. 31, 2020
Securities [Abstract]
Securities	Note 2. Securities Amortized costs and fair values, with gross unrealized gains and losses, of securities available-for-sale as of the dates indicated are as follows: March 31, 2020 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value U.S. Treasury securities $ 6,938 $ 187 $ - $ 7,125 Obligations of U.S. Government agencies 35,645 18 (1,963 ) 33,700 Obligations of state and policitcal subdivisions 27,914 679 (357 ) 28,236 Mortgage-backed securities 74,284 1,433 (828 ) 74,889 Money market investments 3,948 - - 3,948 Corporate bonds and other securities 4,542 168 - 4,710 $ 153,271 $ 2,485 $ (3,148 ) $ 152,608 December 31, 2019 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value U.S. Treasury securities $ 6,925 $ 78 $ - $ 7,003 Obligations of U.S. Government agencies 33,998 9 (403 ) 33,604 Obligations of state and policitcal subdivisions 24,525 442 (225 ) 24,742 Mortbage-backed securities 72,000 460 (552 ) 71,908 Money market investments 3,825 - - 3,825 Corporate bonds and other securities 4,542 94 (3 ) 4,633 $ 145,815 $ 1,083 $ (1,183 ) $ 145,715 The Company has a process in place to identify debt securities that could potentially have a credit or interest-rate related impairment that is other-than-temporary. This process involves monitoring late payments, pricing levels, downgrades by rating agencies, key financial ratios, financial statements, revenue forecasts, and cash flow projections as indicators of credit issues. On a quarterly basis, management reviews all securities to determine whether an other-than-temporary decline in value exists and whether losses should be recognized. Management considers relevant facts and circumstances in evaluating whether a credit or interest-rate related impairment of a security is other-than-temporary. Relevant facts and circumstances considered include: (a) the extent and length of time the fair value has been below cost; (b) the reasons for the decline in value; (c) the financial position and access to capital of the issuer, including the current and future impact of any specific events; and (d) for fixed maturity securities, the Company’s intent to sell a security or whether it is more-likely-than-not the Company will be required to sell the security before the recovery of its amortized cost which, in some cases, may extend to maturity. The Company has not recorded impairment charges through income on securities for the three months ended March 31, 2020 or 2019. The following table summarizes net realized gains and losses on the sale of investment securities during the periods indicated: Three Months Ended March 31, (Dollars in thousands) 2020 2019 Securities Available-for-sale Realized gains on sales of securities $ - $ 36 Realized losses on sales of securities - (10 ) Net realized gain $ - $ 26 The following tables show the gross unrealized losses and fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired as of March 31, 2020 and December 31, 2019, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position as of the dates indicated: March 31, 2020 Less than 12 months 12 months or more Total (Dollars in thousands) Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Obligations of U.S. Government agencies $ 1,903 $ 26,400 $ 60 $ 4,890 $ 1,963 $ 31,290 Obligations of state and policitcal subdivisions 357 9,601 - - 357 9,601 Mortgage-backed securities 622 26,806 206 6,319 828 33,125 Corporate bonds and other securities - 100 - - - 100 Total securities available-for-sale $ 2,882 $ 62,907 $ 266 $ 11,209 $ 3,148 $ 74,116 December 31, 2019 Less than 12 months 12 months or more Total (Dollars in thousands) Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Obligations of U.S. Government agencies $ 349 $ 29,744 $ 54 $ 2,562 $ 403 $ 32,306 Obligations of state and policitcal subdivisions 225 10,112 - - 225 10,112 Mortgage-backed securities 405 44,661 147 14,078 552 58,739 Corporate bonds and other securities - - 3 197 3 197 Total securities available-for-sale $ 979 $ 84,517 $ 204 $ 16,837 $ 1,183 $ 101,354 The number of investments at an unrealized loss position as of March 31, 2020 and December 31, 2019 were 38 and 47, respectively. Certain investments within the Company’s portfolio had unrealized losses for more than twelve months at March 31, 2020 and December 31, 2019, as shown in the tables above. The unrealized losses were caused by changes in market interest rates and not a result of credit deterioration. Because the Company does not intend to sell the investments and management believes it is unlikely that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be maturity, the Company does not consider the investments to be other-than-temporarily impaired at March 31, 2020 or December 31, 2019. Restricted Securities The restricted security category is comprised of stock in the Federal Home Loan Bank of Atlanta (FHLB), the Federal Reserve Bank (FRB), and Community Bankers’ Bank (CBB). These stocks are classified as restricted securities because their ownership is restricted to certain types of entities and the securities lack a market. Therefore, FHLB, FRB, and CBB stock are carried at cost and evaluated for impairment. When evaluating these stocks for impairment, their value is determined based on the ultimate recoverability of the par value rather than by recognizing temporary declines in value. Restricted stock is viewed as a long-term investment and management believes that the Company has the ability and the intent to hold this stock until its value is recovered.

Loans and the Allowance for Loa

Loans and the Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2020
Loans and the Allowance for Loan Losses [Abstract]
Loans and the Allowance for Loan Losses	Note 3. Loans and the Allowance for Loan Losses The following is a summary of the balances in each class of the Company’s portfolio of loans held for investment as of the dates indicated: (dollars in thousands) March 31, 2020 December 31, 2019 Mortgage loans on real estate: Residential 1-4 family $ 118,026 $ 118,561 Commercial - owner occupied 138,414 141,743 Commercial - non-owner occupied 152,859 135,798 Multifamily 24,953 25,865 Construction 40,489 40,716 Second mortgages 13,898 13,941 Equity lines of credit 52,750 52,286 Total mortgage loans on real estate 541,389 528,910 Commercial and industrial loans 69,397 75,383 Consumer automobile loans 92,241 97,294 Other consumer loans 42,702 39,713 Other 14,490 6,565 Total loans, net of deferred fees 760,219 747,865 Less: Allowance for loan losses 9,669 9,660 Loans, net of allowance and deferred fees (1) $ 750,550 $ 738,205 (1) Net deferred loan fees totaled $511 thousand and $557 thousand at March 31, 2020 and December 31, 2019, respectively. Overdrawn deposit accounts are reclassified as loans and included in the Other category in the table above. Overdrawn deposit accounts, excluding internal use accounts, totaled $8.4 million and $449 thousand at March 31, 2020 and December 31, 2019, respectively. The increase at March 31, 2020 was due to one deposit account totaling $8.0 million which entered overdrawn status on March 31, 2020 and returned to a positive balance position on April 1, 2020. Acquired Loans The outstanding principal balance and the carrying amount of total acquired loans included in the consolidated balance sheets as of March 31, 2020 and December 31, 2019 are as follows: (dollars in thousands) March 31, 2020 December 31, 2019 Outstanding principal balance $ 15,692 $ 16,850 Carrying amount $ 15,434 $ 16,561 The outstanding principal balance and related carrying amount of purchased credit-impaired loans, for which the Company applies FASB ASC 310-30 to account for interest earned, as of March 31, 2020 and December 31, 2019 are as follows: (dollars in thousands) March 31, 2020 December 31, 2019 Outstanding principal balance $ 223 $ 227 Carrying amount $ 86 $ 85 The following table presents changes in the accretable yield on purchased credit-impaired loans, for which the Company applies FASB ASC 310-30, at March 31, 2020: (dollars in thousands) March 31, 2020 March 31, 2019 Balance at January 1 $ 72 $ 12 Accretion (10 ) (1 ) Balance at end of period $ 62 $ 11 CREDIT QUALITY INFORMATION The Company uses internally-assigned risk grades to estimate the capability of borrowers to repay the contractual obligations of their loan agreements as scheduled or at all. The Company’s internal risk grade system is based on experiences with similarly graded loans. Credit risk grades are updated at least quarterly as additional information becomes available, at which time management analyzes the resulting scores to track loan performance. The Company’s internally assigned risk grades are as follows: • Pass: • Other Assets Especially Mentioned (OAEM): • Substandard: • Doubtful: • Loss: The following tables present credit quality exposures by internally assigned risk ratings as of the dates indicated: Credit Quality Information (dollars in thousands) Pass OAEM Substandard Doubtful Total Mortgage loans on real estate: Residential 1-4 family $ 116,167 $ - $ 1,859 $ - $ 118,026 Commercial - owner occupied 132,161 1,534 4,719 - 138,414 Commercial - non-owner occupied 150,824 723 1,312 - 152,859 Multifamily 24,953 - - - 24,953 Construction 40,489 - - - 40,489 Second mortgages 13,794 - 104 - 13,898 Equity lines of credit 52,750 - - - 52,750 Total mortgage loans on real estate $ 531,138 $ 2,257 $ 7,994 $ - $ 541,389 Commercial and industrial loans 69,088 56 253 - 69,397 Consumer automobile loans 91,859 - 382 - 92,241 Other consumer loans 42,702 - - - 42,702 Other 14,490 - - - 14,490 Total $ 749,277 $ 2,313 $ 8,629 $ - $ 760,219 Credit Quality Information (dollars in thousands) Pass OAEM Substandard Doubtful Total Mortgage loans on real estate: Residential 1-4 family $ 116,380 $ - $ 2,181 $ - $ 118,561 Commercial - owner occupied 134,570 1,618 5,555 - 141,743 Commercial - non-owner occupied 132,851 1,622 1,325 - 135,798 Multifamily 25,865 - - - 25,865 Construction 40,716 - - - 40,716 Second mortgages 13,837 - 104 - 13,941 Equity lines of credit 52,286 - - - 52,286 Total mortgage loans on real estate $ 516,505 $ 3,240 $ 9,165 $ - $ 528,910 Commercial and industrial loans 74,963 66 354 - 75,383 Consumer automobile loans 96,907 - 387 - 97,294 Other consumer loans 39,713 - - - 39,713 Other 6,565 - - - 6,565 Total $ 734,653 $ 3,306 $ 9,906 $ - $ 747,865 AGE ANALYSIS OF PAST DUE LOANS BY CLASS All classes of loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Interest and fees continue to accrue on past due loans until the date the loan is placed in nonaccrual status, if applicable. The following table includes an aging analysis of the recorded investment in past due loans as of the dates indicated. Also included in the table below are loans that are 90 days or more past due as to interest and principal and still accruing interest, because they are well-secured and in the process of collection. Age Analysis of Past Due Loans as of March 31, 2020 (dollars in thousands) 30 - 59 Days Past Due 60 - 89 Days Past Due 90 or More Days Past Due and still Accruing PCI Nonaccrual Total Current Loans (1) Total Mortgage loans on real estate: Residential 1-4 family $ 1,056 $ - $ - $ - $ 1,165 $ 115,805 $ 118,026 Commercial - owner occupied 293 - - 86 2,638 135,397 138,414 Commercial - non-owner occupied 410 - - - 1,311 151,138 152,859 Multifamily - - - - - 24,953 24,953 Construction 99 - - - - 40,390 40,489 Second mortgages 394 73 13 - 104 13,314 13,898 Equity lines of credit 56 100 40 - - 52,554 52,750 Total mortgage loans on real estate $ 2,308 $ 173 $ 53 $ 86 $ 5,218 $ 533,551 $ 541,389 Commercial and industrial loans 928 408 9 - 253 67,799 69,397 Consumer automobile loans 1,172 233 265 - - 90,571 92,241 Other consumer loans 1,377 342 923 - - 40,060 42,702 Other 149 3 5 - - 14,333 14,490 Total $ 5,934 $ 1,159 $ 1,255 $ 86 $ 5,471 $ 746,314 $ 760,219 (1) For purposes of this table, Total Current Loans includes loans that are 1 - 29 days past due. In the table above, the past due totals include student and small business loans with principal and interest amounts that are 97 - 100% guaranteed by the federal government. The past due principal portion of these guaranteed loans totaled $1.8 million at March 31, 2020. The increase in 30-59 days past due loans was primarily related to credits that were 30 days past due as of period end of which the majority subsequently become current. Age Analysis of Past Due Loans as of December 31, 2019 (dollars in thousands) 30 - 59 Days Past Due 60 - 89 Days Past Due 90 or More Days Past Due and still Accruing PCI Nonaccrual Total Current Loans (1) Total Mortgage loans on real estate: Residential 1-4 family $ 891 $ - $ - $ - $ 1,459 $ 116,211 $ 118,561 Commercial - owner occupied - 319 - 85 2,795 138,544 141,743 Commercial - non-owner occupied - - - - 1,422 134,376 135,798 Multifamily - - - - - 25,865 25,865 Construction 100 - - - - 40,616 40,716 Second mortgages 49 - - - 104 13,788 13,941 Equity lines of credit 25 - - - - 52,261 52,286 Total mortgage loans on real estate $ 1,065 $ 319 $ - $ 85 $ 5,780 $ 521,661 $ 528,910 Commercial and industrial loans 211 - - - 257 74,915 75,383 Consumer automobile loans 1,115 299 203 - - 95,677 97,294 Other consumer loans 1,032 891 888 - - 36,902 39,713 Other 81 9 - - - 6,475 6,565 Total $ 3,504 $ 1,518 $ 1,091 $ 85 $ 6,037 $ 735,630 $ 747,865 (1) For purposes of this table, Total Current Loans includes loans that are 1 - 29 days past due. In the table above, the other consumer loans category includes student and small business loans with principal and interest amounts that are 97 - 100% guaranteed by the federal government. The past due principal portion of these guaranteed loans totaled $1.8 million at December 31, 2019. Although the portions of the student and small business loan portfolios that are 90 days or more past due would normally be considered impaired, the Company does not include these loans in its impairment analysis. Because the federal government has provided guarantees of repayment of these student loans in an amount ranging from 97% to 98% NONACCRUAL LOANS The Company generally places commercial and industrial loans (including construction loans and commercial loans secured and not secured by real estate) in nonaccrual status when the full and timely collection of interest or principal becomes uncertain, part of the principal balance has been charged off and no restructuring has occurred or the loan reaches 90 days past due, unless the credit is well-secured and in the process of collection. Under regulatory rules, consumer loans, which are loans to individuals for household, family and other personal expenditures, and consumer loans secured by real estate (including residential 1 - 4 family mortgages, second mortgages, and equity lines of credit) are not required to be placed in nonaccrual status. Although consumer loans and consumer loans secured by real estate are not required to be placed in nonaccrual status, the Company may elect to place these loans in nonaccrual status, if necessary to avoid a material overstatement of interest income. Generally, consumer loans secured by real estate are placed in nonaccrual status only when payments are 120 days past due. Generally, consumer loans not secured by real estate are placed in nonaccrual status only when part of the principal has been charged off. If a charge-off has not occurred sooner for other reasons, a consumer loan not secured by real estate will generally be placed in nonaccrual status when payments are 120 days past due. These loans are charged off or written down to the net realizable value of the collateral when deemed uncollectible, when classified as a “loss,” when repayment is unreasonably protracted, when bankruptcy has been initiated, or when the loan is 120 days or more past due unless the credit is well-secured and in the process of collection. When management places a loan in nonaccrual status, the accrued unpaid interest receivable is reversed against interest income and the loan is accounted for by the cost recovery method, until it qualifies for return to accrual status or is charged off. Generally, loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured, or when the borrower has resumed paying the full amount of the scheduled contractual interest and principal payments for at least six months. The following table presents loans in nonaccrual status by class of loan as of the dates indicated: (dollars in thousands) March 31, 2020 December 31, 2019 Mortgage loans on real estate: Residential 1-4 family $ 1,165 $ 1,459 Commercial - owner occupied 2,638 2,795 Commercial - non-owner occupied 1,311 1,422 Second mortgages 104 104 Total mortgage loans on real estate $ 5,218 $ 5,780 Commercial and industrial loans 253 257 Total $ 5,471 $ 6,037 No purchased credit-impaired loans were on nonaccrual status at March 31, 2020. The following table presents the interest income that the Company would have earned under the original terms of its nonaccrual loans and the actual interest recorded by the Company on nonaccrual loans for the periods presented: Three Months Ended March 31, (dollars in thousand) 2020 2019 Interest income that would have been recorded under original loan terms $ 78 $ 64 Actual interest income recorded for the period - - Reduction in interest income on nonaccrual loans $ 78 $ 64 TROUBLED DEBT RESTRUCTURINGS The Company’s loan portfolio includes certain loans that have been modified in a troubled debt restructuring (TDR), where economic concessions have been granted to borrowers who are experiencing financial difficulties. These concessions typically result from the Company’s loss mitigation activities and could include reduction in the interest rate below current market rates for borrowers with similar risk profiles, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. The Company defines a TDR as nonperforming if the TDR is in nonaccrual status or is 90 days or more past due and still accruing interest at the report date. When the Company modifies a loan, management evaluates any possible impairment as stated in the impaired loan section below. There were no new TDRs in the three months ended March 31, 2020 or 2019. At March 31, 2020 and 2019, the Company had no outstanding commitments to disburse additional funds on any TDR. The Company had no loans secured by residential 1 - 4 family real estate in the process of foreclosure at March 31, 2020. At December 31, 2019, the Company had $272 thousand in loans secured by 1-4 family residential real estate in process of foreclosure. In the three months ended March 31, 2020 and 2019, there were no defaulting TDRs where the default occurred within twelve months of restructuring. The Company considers a TDR in default when any of the following occurs: the loan, as restructured, becomes 90 days or more past due; the loan is moved to nonaccrual status following the restructure; the loan is restructured again under terms that would qualify it as a TDR if it were not already so classified; or any portion of the loan is charged off. All TDRs are factored into the determination of the allowance for loan losses and included in the impaired loan analysis, as discussed below. Under Section 4013 of the CARES Act, banks may elect not to categorize loan modifications as TDRs if the modifications are related to the COVID-19 pandemic, executed on a loan that was not more than 30 days past due as of December 31, 2019, and executed between March 1, 2020 and the earlier of December 31, 2020 or 60 days after the date of termination of the National Emergency by the President. All short term loan modifications made on a good faith basis in response to the COVID-19 pandemic to borrowers who were current prior to any relief are not considered TDRs. The Company has examined the payment accommodations granted to borrowers in response to COVID-19 and found that all borrowers were current prior to relief and were not experiencing financial difficulty prior to the COVID-19 pandemic. IMPAIRED LOANS A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts when due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming loans and loans modified in a TDR. When management identifies a loan as impaired, the impairment is measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole or remaining source of repayment for the loan is the operation or liquidation of the collateral. In these cases, management uses the current fair value of the collateral, less selling costs, when foreclosure is probable, instead of the discounted cash flows. If management determines that the value of the impaired loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), impairment is recognized through a specific allocation in the allowance or a charge-off to the allowance. When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is in nonaccrual status, all payments are applied to principal under the cost-recovery method. For financial statement purposes, the recorded investment in the loan is the actual principal balance reduced by partial charge-offs and payments that would otherwise have been applied to interest. When reporting information on these loans to the applicable customers, the unpaid principal balance is reported as if these partial charge-offs did not occur and as if payments were applied to principal and interest under the original terms of the loan agreements. Therefore, the unpaid principal balance reported to the customer would be higher than the recorded investment in the loan for financial statement purposes. The following table includes the recorded investment and unpaid principal balances (a portion of which may have been charged off) for impaired loans, exclusive of purchased credit-impaired loans, with the associated allowance amount, if applicable, as of the dates presented. Also presented are the average recorded investments in the impaired loans and the related amount of interest recognized for the periods presented. The average balances are calculated based on daily average balances. Impaired Loans by Class For the three months ended As of March 31, 2020 March 31, 2020 (Dollars in thousands) Unpaid Principal Balance Without Valuation Allowance With Valuation Allowance Associated Allowance Average Recorded Investment Interest Income Recognized Mortgage loans on real estate: Residential 1-4 family $ 1,482 $ 1,223 $ 88 $ 39 $ 1,325 $ - Commercial 6,984 4,283 1,679 301 6,038 - Construction 88 - 86 12 87 1 Second mortgages 245 - 243 104 244 2 Total mortgage loans on real estate 8,799 5,506 2,096 456 7,694 3 Commercial and industrial loans 306 263 - - 267 - Other consumer loans 20 19 - - 20 - Total $ 9,125 $ 5,788 $ 2,096 $ 456 $ 7,981 $ 3 Impaired Loans by Class For the Year Ended As of December 31, 2019 December 31, 2019 (Dollars in thousands) Unpaid Principal Balance Without Valuation Allowance With Valuation Allowance Associated Allowance Average Recorded Investment Interest Income Recognized Mortgage loans on real estate: Residential 1-4 family $ 1,542 $ 1,519 $ 89 $ 39 $ 1,416 $ 11 Commercial 9,333 4,538 1,611 317 6,822 123 Construction 89 - 88 14 88 4 Second mortgages 247 - 245 111 246 6 Total mortgage loans on real estate 11,211 6,057 2,033 481 8,572 144 Commercial and industrial loans 362 354 - - 273 4 Other consumer loans 22 - - - 21 1 Total $ 11,595 $ 6,411 $ 2,033 $ 481 $ 8,866 $ 149 ALLOWANCE FOR LOAN LOSSES Management has an established methodology to determine the adequacy of the allowance for loan losses that assesses the risks and probable losses inherent in the loan portfolio. The Company segments the loan portfolio into categories as defined by Schedule RC-C of the Federal Financial Institutions Examination Council Consolidated Reports of Condition and Income Form 041 (Call Report). Loans are segmented into the following pools: commercial, real estate-construction, real estate-mortgage, consumer and other loans. The Company also sub-segments the real estate-mortgage segment into six classes: residential 1-4 family, commercial real estate - owner occupied, commercial real estate - non-owner occupied, multifamily, second mortgages and equity lines of credit. The Company uses an internally developed risk evaluation model in the estimation of the credit risk process. The model and assumptions used to determine the allowance are independently validated and reviewed to ensure that the theoretical foundation, assumptions, data integrity, computational processes and reporting practices are appropriate and properly documented. Each portfolio segment has risk characteristics as follows: • Commercial and industrial: • Real estate-construction: • Real estate-mortgage: • Consumer loans: • Other loans: Each segment of the portfolio is pooled by risk grade or by days past due. Consumer loans not secured by real estate and made to individuals for household, family and other personal expenditures are segmented into pools based on days past due, while all other loans, including loans to consumers that are secured by real estate, are segmented by risk grades. A historical loss percentage is then calculated by migration analysis and applied to each pool. The migration analysis applied to all pools is able to track the risk grading and historical performance of individual loans throughout a number of periods set by management, which provides management with information regarding trends (or migrations) in a particular loan segment. At March 31, 2020 and December 31, 2019 m anagement used eight twelve-quarter migration periods. Management also provides an allocated component of the allowance for loans that are specifically identified Based on credit risk assessments and management’s analysis of qualitative factors, additional loss factors are applied to loan balances. These additional qualitative factors include: economic conditions, trends in growth, loan concentrations, changes in certain loans, changes in underwriting, changes in management and changes in the legal and regulatory environment. Given the timing of the outbreak in the United States of the COVID-19 pandemic, management does not believe that the Company’s first quarter performance was significantly impacted. The COVID-19 pandemic represents an unprecedented challenge to the global economy in general and the financial services sector in particular. However, there is still significant uncertainty regarding the overall length of the pandemic and the aggregate impact that it will have on global and regional economies, including uncertainties regarding the potential positive effects of governmental actions taken in response to the pandemic during the latter portion of the first quarter of 2020 and into April. With so much uncertainty, it is impossible for the Company to accurately predict the impact that the pandemic will have on the Company’s primary market and the overall extent to which it will affect the Company’s financial condition and results of operations during the remainder of the current fiscal year. At a minimum, the actions taken by the Company to assist its customers experiencing challenges from the pandemic will likely have a material impact on the Company’s second quarter performance. The Company’s credit administration is closely monitoring and analyzing the higher risk segments within the loan portfolio, tracking loan payment deferrals, customer liquidity and providing timely reports to senior management and the board of directors. Based on capital levels, stress testing indications, prudent underwriting policies, watch credit processes, and loan concentration diversification, the Company currently expects to be able to manage the economic risks and uncertainties associated with the pandemic which may include additional increases in the provision for loan losses. Acquired loans are recorded at their fair value at acquisition date without carryover of the acquiree’s previously established ALL, as credit discounts are included in the determination of fair value. The fair value of the loans is determined using market participant assumptions in estimating the amount and timing of both principal and interest cash flows expected to be collected on the loans and then applying a market-based discount rate to those cash flows. During evaluation upon acquisition, acquired loans are also classified as either purchased credit-impaired or purchased performing. Purchased credit-impaired loans reflect credit quality deterioration since origination, as it is probable at acquisition that the Company will not be able to collect all contractually required payments. These purchased credit-impaired loans are accounted for under ASC 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality Purchased performing loans are accounted for under ASC 310-20, Receivables – Nonrefundable Fees and Other Costs ALLOWANCE FOR LOAN LOSSES BY SEGMENT The total allowance reflects management’s estimate of losses inherent in the loan portfolio at the balance sheet date. The Company considers the allowance for loan losses of $9.7 million adequate to cover probable loan losses inherent in the loan portfolio at March 31, 2020. The following tables present, by portfolio segment, the changes in the allowance for loan losses and the recorded investment in loans for the periods presented. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. ALLOWANCE FOR LOAN LOSSES AND RECORDED INVESTMENT IN LOANS For the three months ended March 31, 2020 (Dollars in thousands) Commercial and Industrial Real Estate Construction Real Estate - Mortgage (1) Consumer (2) Other Unallocated Total Allowance for loan losses: Balance, beginning $ 1,244 $ 258 $ 6,168 $ 1,694 $ 296 $ - $ 9,660 Charge-offs - - (46 ) (270 ) (124 ) - (440 ) Recoveries 2 - 9 125 13 - 149 Provision for loan losses (244 ) 27 109 124 236 48 300 Ending Balance $ 1,002 $ 285 $ 6,240 $ 1,673 $ 421 $ 48 $ 9,669 Individually evaluated for impairment $ - $ 12 $ 444 $ - $ - $ - $ 456 Collectively evaluated for impairment 1,002 273 5,796 1,673 421 48 9,213 Purchased credit-impaired loans - - - - - - Ending Balance $ 1,002 $ 285 $ 6,240 $ 1,673 $ 421 $ 48 $ 9,669 Loans Balances: 0.50 % Individually evaluated for impairment 263 86 7,516 19 - - 7,884 Collectively evaluated for impairment 69,048 40,403 493,384 134,924 14,490 - 752,249 Purchased credit-impaired loans 86 - - - - 86 Ending Balance $ 69,397 $ 40,489 $ 500,900 $ 134,943 $ 14,490 $ - $ 760,219 (1) The real estate-mortgage segment includes residential 1 – 4 family, commercial real estate, second mortgages and equity lines of credit. (2) The consumer segment includes consumer automobile loans. For the Year ended December 31, 2019 (Dollars in thousands) Commercial and Industrial Real Estate Construction Real Estate - Mortgage (1) Consumer (2) Other Unallocated Total Allowance for loan losses: Balance, beginning $ 2,340 $ 156 $ 5,956 $ 1,354 $ 305 $ - $ 10,111 Charge-offs - - (197 ) (776 ) (425 ) - (1,398 ) Recoveries 10 - 200 351 68 - 629 Provision for loan losses (1,106 ) 102 209 765 348 - 318 Ending Balance $ 1,244 $ 258 $ 6,168 $ 1,694 $ 296 $ - $ 9,660 Individually evaluated for impairment $ - $ 14 $ 467 $ - $ - $ - $ 481 Collectively evaluated for impairment 1,244 244 5,701 1,694 296 - 9,179 Purchased credit-impaired loans - - - - - - Ending Balance $ 1,244 $ 258 $ 6,168 $ 1,694 $ 296 $ - $ 9,660 Loans Balances: Individually evaluated for impairment 354 88 8,002 - - - 8,444 Collectively evaluated for impairment 74,944 40,628 480,192 137,007 6,565 - 739,336 Purchased credit-impaired loans 85 - - - - 85 Ending Balance $ 75,383 $ 40,716 $ 488,194 $ 137,007 $ 6,565 $ - $ 747,865 (1) The real estate-mortgage segment includes residential 1 – 4 family, commercial real estate, second mortgages and equity lines of credit. (2) The consumer segment includes consumer automobile loans.

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases	Note 4. Leases On January 1, 2019, the Company adopted ASU No. 2016-02 “Leases (Topic 842)” and all subsequent ASUs that modified Topic 842. The Company elected the optional transition method provided by ASU No. 2018-11 and did not adjust prior periods for ASC 842. The Company also elected certain practical expedients within the standard and consistent with such elections did not reassess whether any expired or existing contracts are or contain leases, did not reassess the lease classification for any expired or existing leases, and did not reassess any initial direct costs for existing leases. As stated in the Company’s 2019 Form 10-K, the implementation of the new standard resulted in recognition of a right-of-use asset and lease liability of $751 thousand at the date of adoption, which is related to the Company’s lease of premises used in operations. The right-of-use asset and lease liability are included in other assets and other liabilities, respectively, in the consolidated balance sheets. Lease liabilities represent the Company’s obligation to make lease payments and are presented at each reporting date as the net present value of the remaining contractual cash flows. Cash flows are discounted at the Company’s incremental borrowing rate in effect at the commencement date of the lease. Right-of-use assets represent the Company’s right to use the underlying asset for the lease term and are calculated as the sum of the lease liability and if applicable, prepaid rent, initial direct costs and any incentives received from the lessor. The Company’s long-term lease agreements are classified as operating leases. Certain of these leases offer the option to extend the lease term and the Company has included such extensions in its calculation of the lease liabilities to the extent the options are reasonably assured of being exercised. The lease agreements do not provide for residual value guarantees and have no restrictions or covenants that would impact dividends or require incurring additional financial obligations. The following tables present information about the Company’s leases: (Dollars in thousands) March 31, 2020 Lease liabilities $ 1,023 Right-of-use assets $ 1,016 Weighted average remaining lease term 4.7 years Weighted average discount rate 2.60 % Three Months Ended March 31, Lease cost 2020 2019 Operating lease cost $ 88 $ 85 Total lease cost $ 88 $ 85 Cash paid for amounts included in the measurement of lease liabilities $ 84 $ 84 A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows: Lease payments due As of Nine months ending December 31, 2020 $ 268 Twelve months ending December 31, 2021 220 Twelve months ending December 31, 2022 202 Twelve months ending December 31, 2023 117 Thereafter 328 Total undiscounted cash flows $ 1,135 Discount (112 ) Lease liabilities $ 1,023

Low-Income Housing Tax Credits

Low-Income Housing Tax Credits	3 Months Ended
	Mar. 31, 2020
Low-Income Housing Tax Credits [Abstract]
Low-Income Housing Tax Credits	Note 5. Low-Income Housing Tax Credits The Company was invested in four separate housing equity funds at both March 31, 2020 and December 31, 2019. The general purpose of these funds is to encourage and assist participants in investing in low-income residential rental properties located in the Commonwealth of Virginia; develop and implement strategies to maintain projects as low-income housing; deliver Federal Low Income Housing Credits to investors; allocate tax losses and other possible tax benefits to investors; and preserve and protect project assets. The investments in these funds were recorded as other assets on the consolidated balance sheets and were $2.9 million and $3.0 million at March 31, 2020 and 2019, respectively. The expected terms of these investments and the related tax benefits run through 2033. Total projected tax credits to be received for 2019 are $413 thousand, which is based on the most recent quarterly estimates received from the funds. Additional capital calls expected for the funds totaled $32 thousand at March 31, 2020 and $50 thousand at December 31, 2019, respectively, and are recorded in accrued expenses and other liabilities on the corresponding consolidated balance sheet. Three Months Ended Affected Line Item on 2020 2019 Consolidated Income Statement Tax credits and other benefits Amortization of operating losses $ 45 $ 80 ATM and other losses Tax benefit of operating losses* 9 17 Income tax expense (benefit) Tax credits 103 124 Income tax expense (benefit) Total tax benefits $ 112 $ 141 * Computed using a 21% tax rate.

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2020
Borrowings [Abstract]
Borrowings	Note 6. Borrowings The Company classifies all borrowings that will mature within a year from the date on which the Company enters into them as short-term borrowings. Short-term borrowings sources consist of federal funds purchased, overnight repurchase agreements (which are secured transactions with customers that generally mature within one to four days), and advances from the FHLB. The Company maintains federal funds lines with several correspondent banks to address short-term borrowing needs. At March 31, 2020 and December 31, 2019, the remaining credit available from these lines totaled $55.0 million. The Company has a collateral dependent line of credit with the FHLB with remaining credit availability of $272.4 million and $276.3 as of March 31, 2020 and December 31, 2019, respectively. SHORT-TERM BORROWINGS The following table presents total short-term borrowings as of the dates indicated: (dollar in thousands) March 31, 2020 December 31, 2019 Overnight repurchase agreements $ 4,817 $ 11,452 Federal Home Loan Bank advances - - Total short-term borrowings $ 4,817 $ 11,452 Maximum month-end outstanding balance $ 7,090 $ 38,138 Average outstanding balance during the period $ 6,427 $ 27,382 Average interest rate (year-to-date) 0.00 % 0.71 % Average interest rate at end of period 0.09 % 0.10 % LONG-TERM BORROWINGS The Company had long-term FHLB advances totaling $42.0 million outstanding at March 31, 2020 and $37.0 million outstanding at December 31, 2019. Scheduled maturity dates of the advances at March 31, 2020 range from August 29, 2020 to March 5, 2025, and the interest rates range from 0.88% to 2.89%. The Company also obtained a loan maturing on April 1, 2023 from a correspondent bank during the second quarter of 2018 to provide partial funding for the Citizens acquisition. The terms of the loan include a LIBOR based interest rate that adjusts monthly and quarterly principal curtailments. At March 31, 2020 the outstanding balance was $1.8 million as compared to $2.0 million at December 31, 2019, and the then-current interest rate was 4.02%. The loan agreement with the lender contains financial covenants including minimum return on average asset ratio and Bank capital leverage ratio, maintenance of a well-capitalized position as defined by regulatory guidance and a maximum level of non-performing assets as a percentage of capital plus the allowance for loan losses. The Company was in compliance with each covenant at March 31, 2020.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 7. Commitments and Contingencies CREDIT-RELATED FINANCIAL INSTRUMENTS The Company is a party to credit-related financial instruments with off-balance-sheet risk in the normal course of business in order to meet the financing needs of its customers. These financial instruments include commitments to extend credit, standby letters of credit and commercial letters of credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making such commitments as it does for on-balance-sheet instruments. The following financial instruments whose contract amounts represent credit risk were outstanding at 20 and 9: (dollars in thousands) March 31, 2020 December 31, 2019 Commitments to extend credit: Home equity lines of credit $ 62,904 $ 62,267 Commercial real estate, construction and development loans committed but not funded 17,619 15,637 Other lines of credit (principally commercial) 48,435 62,321 Total $ 128,958 $ 140,225 Letters of credit $ 8,451 $ 7,724

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2020
Share-Based Compensation [Abstract]
Share-Based Compensation	Note 8. Share-Based Compensation The Company has adopted an employee stock purchase plan and offers share-based compensation through its equity compensation plan. Share-based compensation arrangements may include stock options, restricted and unrestricted stock awards, restricted stock units, performance units and stock appreciation rights. Accounting standards require all share-based payments to employees to be valued using a fair value method on the date of grant and to be expensed based on that fair value over the applicable vesting period. The Company accounts for forfeitures during the vesting period as they occur. The 2016 Incentive Stock Plan (the Incentive Stock Plan) permits the issuance of up to 300,000 shares of common stock for awards to key employees and non-employee directors of the Company and its subsidiaries in the form of stock options, restricted stock, restricted stock units, stock appreciation rights, stock awards and performance units. As of 20 only restricted stock has been granted under the Incentive Stock Plan. Restricted stock activity for the three months ended March 31, 2020 is summarized below: Shares Weighted Average Grant Date Fair Value Nonvested, January 1, 2020 19,933 $ 22.70 Issued - - Vested (7,258 ) 22.17 Forfeited (290 ) 21.68 Nonvested, March 31, 2020 12,385 $ 23.03 The weighted average period over which nonvested awards are expected to be recognized is 1.34 years. There was no restricted stock granted during the three months ended March 31, 2020. The fair value of restricted stock granted during the three months ended March 31, 2019 was $361 thousand. The remaining unrecognized compensation expense for nonvested restricted stock shares totaled $134 thousand as of March 31, 2020. Stock-based compensation expense was $86 thousand and $50 thousand for the three months ended March 31, 2020 and 2019, respectively. Under the Company’s Employee Stock Purchase Plan (ESPP), substantially all employees of the Company and its subsidiaries can authorize a specific payroll deduction from their base compensation for the periodic purchase of the Company’s common stock. Shares of stock are issued quarterly at a discount to the market price of the Company’s stock on the day of purchase, which can range from 0-15% and was set at for 9 and for the first of 20. 858 shares were purchased under the ESPP during the three 20. At 20, the Company had 412 remaining shares reserved for issuance under the ESPP.

Stockholders' Equity and Earnin

Stockholders' Equity and Earnings per Share	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity and Earnings per Share [Abstract]
Stockholders' Equity and Earnings per Share	Note 9. Stockholders’ Equity and Earnings per Share STOCKHOLDERS’ EQUITY – Accumulated Other Comprehensive Income (Loss) The following table presents information on amounts reclassified out of accumulated other comprehensive income (loss), by category, during the periods indicated: Three Months Ended March 31, Affected Line Item on (dollars in thousands) 2020 2019 Consolidated Statement of Income Available-for-sale securities Realized gains on sales of securities $ - $ 26 Gain on sale of available-for-sale securities, net Tax effect - 5 Income tax expense $ - $ 21 The following tables present the changes in accumulated other comprehensive income (loss), by category, net of tax, for the periods indicated: (dollars in thousands) Unrealized Gains (Losses) on Available-for-Sale Securities Accumulated Other Comprehensive Loss Three Months Ended March 31, 2020 Balance at beginning of period $ (79 ) $ (79 ) Net other comprehensive loss (445 ) (445 ) Balance at end of period $ (524 ) $ (524 ) Three Months Ended March 31, 2019 Balance at beginning of period $ (2,156 ) $ (2,156 ) Net other comprehensive income 1,540 1,540 Balance at end of period $ (616 ) $ (616 ) The following tables present the change in each component of accumulated other comprehensive income (loss) on a pre-tax and after-tax basis for the periods indicated. Three Months Ended March 31, 2020 (dollars in thousands) Pretax Tax Net-of-Tax Unrealized losses on available-for-sale securities: Unrealized holding losses arising during the period $ (563 ) $ (118 ) $ (445 ) Total change in accumulated other comprehensive income, net $ (563 ) $ (118 ) $ (445 ) Three Months Ended March 31, 2019 (dollars in thousands) Pretax Tax Net-of-Tax Unrealized gains on available-for-sale securities: Unrealized holding gains arising during the period $ 1,976 $ 415 $ 1,561 Reclassification adjustment for gains recognized in income (26 ) (5 ) (21 ) Total change in accumulated other comprehensive loss, net $ 1,950 $ 410 $ 1,540 EARNINGS PER COMMON SHARE Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares outstanding during the period, including the effect of dilutive potential common shares attributable to the employee stock purchase plan. The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three months ended March 31, 2020 and 2019: (dollars in thousands except per share data) Net Income Available to Common Shareholders (Numerator) Weighted Average Common Shares (Denominator) Per Share Three Months Ended March 31, 2020 Net income, basic $ 1,250 5,200 $ 0.24 Potentially dilutive common shares - employee stock purchase program - 1 - Diluted $ 1,250 5,201 $ 0.24 Three Months Ended March 31, 2019 Net income, basic $ 2,027 5,187 $ 0.39 Potentially dilutive common shares - employee stock purchase program - - - Diluted $ 2,027 5,187 $ 0.39 The Company had no antidilutive shares outstanding in the three months ended March 31, 2020 and 2019, respectively. Nonvested restricted common shares, which carry all rights and privileges of a common share with respect to the stock, including the right to vote, were included in the basic and diluted per common share calculations.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 10. Fair Value Measurements The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with the “Fair Value Measurements and Disclosures” topics of FASB ASU 2010-06, FASB ASU 2011-04, and FASB ASU No. 2016-01, the fair value of a financial instrument is the price that would be received in the sale of an asset or transfer of a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimate of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value can be a reasonable point within a range that is most representative of fair value under current market conditions. In estimating the fair value of assets and liabilities, the Company relies mainly on two sources. The first source is the Company’s bond accounting service provider, which uses a model to determine the fair value of securities. Securities are priced based on an evaluation of observable market data, including benchmark yield curves, reported trades, broker/dealer quotes, and issuer spreads. Pricing is also impacted by credit information about the issuer, perceived market movements, and current news events impacting the individual sectors. . In accordance with ASC 820, “Fair Value Measurements and Disclosures,” the Company groups its financial assets and financial liabilities generally measured at fair value into three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. • Level 1: • Level 2: • Level 3: An instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS Debt securities with readily determinable fair values that are classified as “available-for-sale” are recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Securities available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data. Third party vendors compile prices from various sources and may determine the fair value of identical or similar securities by using pricing models that consider observable market data (Level 2). 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. Currently, all of the Company’s available-for-sale securities are considered to be Level 2 securities. The following tables present the balances of certain assets measured at fair value on a recurring basis as of the dates indicated: Fair Value Measurements at March 31, 2020 Using (dollars in thousands) Balance Quoted Prices in Active Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Available-for-sale securities U.S. Treasury securities $ 7,125 $ - $ 7,125 $ - Obligations of U.S. Government agencies 33,700 - 33,700 - Obligations of state and political subdivisions 28,236 - 28,236 - Mortgage-backed securities 74,889 - 74,889 - Money market investments 3,948 - 3,948 - Corporate bonds and other securities 4,710 - 4,710 - Total available-for-sale securities $ 152,608 $ - $ 152,608 $ - Fair Value Measurements at December 31, 2019 Using (dollars in thousands) Balance Quoted Prices in Active Markets for Identical Significant Other Observable Inputs Significant Unobservable Inputs Available-for-sale securities U.S. Treasury securities $ 7,003 $ - $ 7,003 $ - Obligations of U.S. Government agencies 33,604 - 33,604 - Obligations of state and political subdivisions 24,742 - 24,742 - Mortgage-backed securities 71,908 - 71,908 - Money market investments 3,825 - 3,825 - Corporate bonds and other securities 4,633 - 4,633 - Total available-for-sale securities $ 145,715 $ - $ 145,715 $ - ASSETS MEASURED AT FAIR VALUE ON A NONRECURRING BASIS Under certain circumstances, adjustments are made to the fair value for assets and liabilities although they are not measured at fair value on an ongoing basis. Impaired loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts when due from the borrower in accordance with the contractual terms of the loan agreement. The measurement of fair value and loss associated with impaired loans can be based on the observable market price of the loan, the fair value of the collateral securing the loan, or the present value of the loan’s expected future cash flows . Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable, with the vast majority of the collateral in real estate. The value of real estate collateral is determined utilizing an income, market, or cost valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company. In the case of loans with lower balances, the Company may obtain a real estate evaluation instead of an appraisal. Evaluations utilize many of the same techniques as appraisals, and are typically performed by independent appraisers. Once received, appraisals and evaluations are reviewed by trained staff independent of the lending function to verify consistency and reasonability. Appraisals and evaluations are based on significant unobservable inputs, including but not limited to: adjustments made to comparable properties, judgments about the condition of the subject property, the availability and suitability of comparable properties, capitalization rates, projected income of the subject or comparable properties, vacancy rates, projected depreciation rates, and the state of the local and regional economy. The Company may also elect to make additional reductions in the collateral value based on management’s best judgment, which represents another source of unobservable inputs. Because of the subjective nature of collateral valuation, impaired loans are considered Level 3. Impaired loans may be secured by collateral other than real estate. The value of business equipment is based upon an outside appraisal if deemed significant, or the net book value on the applicable business’ financial statements if not considered significant using observable market data. Likewise, values for inventory and accounts receivable collateral are based on financial statement balances or aging reports (Level 3). If a loan is not collateral-dependent, its impairment may be measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate. Because the loan is discounted at its effective rate of interest, rather than at a market rate, the loan is not considered to be held at fair value and is not included in the tables below. Collateral-dependent impaired loans allocated to the allowance for loan losses are measured at fair value on a nonrecurring basis. Any fair value adjustments are recorded in the period incurred as part of the provision for loan losses on the Consolidated Statements of Income. Other Real Estate Owned (OREO) Loans are transferred to OREO when the collateral securing them is foreclosed on. The measurement of gain or loss associated with OREO is based on the fair value of the collateral compared to the unpaid loan balance and anticipated costs to sell the property. If there is a contract for the sale of a property, and management reasonably believes the transaction will be consummated in accordance with the terms of the contract, fair value is based on the sale price in that contract (Level 1). If management has recent information about the sale of identical properties, such as when selling multiple condominium units on the same property, the remaining units would be valued based on the observed market data (Level 2). Lacking either a contract or such recent data, management would obtain an appraisal or evaluation of the value of the collateral as discussed above under Impaired Loans (Level 3). After the asset has been booked, a new appraisal or evaluation is obtained when management has reason to believe the fair value of the property may have changed and no later than two years after the last appraisal or evaluation was received. Any fair value adjustments to OREO below the original book value are recorded in the period incurred and expensed against current earnings. Loans Held For Sale Loans held for sale are carried at the lower of cost or fair value. These loans currently consist of residential loans originated for sale in the secondary market. Fair value is based on the price secondary markets are currently offering for similar loans using observable market data which is not materially different than cost due to the short duration between origination and sale (Level 2). Gains and losses on the sale of loans are reported on a separate line item on the Company’s Consolidated Statements of Income. The following table presents the assets carried in the consolidated balance sheets for which a nonrecurring change in fair value has been recorded. Assets are shown by class of loan and by level in the fair value hierarchy, as of the dates indicated. Certain impaired loans are valued by the present value of the loan’s expected future cash flows, discounted at the loan’s effective interest rate rather than at a market rate. These loans are not carried in the consolidated balance sheets at fair value and, as such, are not included in the tables below. Carrying Value at March 31, 2020 (dollars in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans Mortgage loans on real estate: Residential 1-4 family $ 83 $ - $ - $ 83 Commercial 1,247 - - 1,247 Construction 74 - - 74 Total mortgage loans on real estate $ 1,404 $ - $ - $ 1,404 Commercial loans - - - - Total $ 1,404 $ - $ - $ 1,404 Loans Loans held for sale $ 2,309 $ - $ 2,309 $ - Other real estate owned Residential 1-4 family $ 236 $ - $ - $ 236 Total $ 236 $ - $ - $ 236 Carrying Value at December 31, 2019 (dollars in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans Mortgage loans on real estate: Residential 1-4 family $ 74 $ - $ - $ 74 Commercial 1,294 - - 1,294 Construction 74 - - 74 Total mortgage loans on real estate 1,442 - - 1,442 Commercial loans - - - - Total $ 1,442 $ - $ - $ 1,442 Loans Loans held for sale $ 590 $ - $ 590 $ - The following tables display quantitative information about Level 3 Fair Value Measurements as of the dates indicated: Quantitative Information About Level 3 Fair Value Measurements (dollars in thousands) Fair Value at March 31, 2020 Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans Residential 1-4 family real estate $ 83 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Commercial real estate $ 1,247 Market comparables Selling costs 6.00 % Liquidation discount 35.00 % Construction $ 74 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Other real estate owned Residential 1-4 family $ 236 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Quantitative Information About Level 3 Fair Value Measurements (dollars in thousands) Fair Value at December 31, 2019 Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans Residential 1-4 family real estate $ 74 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Commercial real estate $ 1,294 Market comparables Selling costs 6.00 % Liquidation discount 35.00 % Construction $ 74 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % The estimated fair values, and related carrying or notional amounts, of the Company’s financial instruments as of the dates indicated are as follows: Fair Value Measurements at March 31, 2020 Using (dollars in thousands) Carrying Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Cash and cash equivalents $ 78,130 $ 78,130 $ - $ - Securities available-for-sale 152,608 - 152,608 - Restricted securities 3,152 - 3,152 - Loans held for sale 2,309 - 2,309 - Loans, net of allowances for loan losses 750,550 - - 739,303 Bank owned life insurance 27,777 - 27,777 - Accrued interest receivable 2,756 - 2,756 - Liabilities Deposits $ 902,536 $ - $ 905,120 $ - Overnight repurchase agreements 4,817 - 4,817 - Federal Home Loan Bank advances 42,000 - 41,353 - Other borrowings 1,800 - 1,800 - Accrued interest payable 549 - 549 - Fair Value Measurements at December 31, 2019 Using (dollars in thousands) Carrying Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Cash and cash equivalents $ 89,865 $ 89,865 $ - $ - Securities available-for-sale 145,715 - 145,715 - Restricted securities 2,926 - 2,926 - Loans held for sale 590 - 590 - Loans, net of allowances for loan losses 738,205 - - 734,932 Bank owned life insurance 27,547 - 27,547 - Accrued interest receivable 2,762 - 2,762 - Liabilities Deposits $ 889,496 $ - $ 893,584 $ - Overnight repurchase agreements 11,452 - 11,452 - Federal Home Loan Bank advances 37,000 - 36,747 - Other borrowings 1,950 - 1,950 - Accrued interest payable 620 - 620 -

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segment Reporting	Note 11. Segment Reporting The Company operates in a decentralized fashion in three principal business segments: The Old Point National Bank of Phoebus (the Bank), Old Point Trust & Financial Services, N. A. (Trust), and the Company as a separate segment (for purposes of this Note, the Parent). Revenues from the Bank’s operations consist primarily of interest earned on loans and investment securities and service charges on deposit accounts. Trust’s operating revenues consist principally of income from fiduciary activities. The Parent’s revenues are mainly fees and dividends received from the Bank and Trust companies. The Company has no other segments. The Company’s reportable segments are strategic business units that offer different products and services. They are managed separately because each segment appeals to different markets and, accordingly, requires different technologies and marketing strategies. Information about reportable segments, and reconciliation of such information to the consolidated financial statements as of and for the three months ended March 31, 2020 and 2019 follows: Three Months Ended March 31, 2020 (dollars in thousands) Bank Trust Parent Eliminations Consolidated Revenues Interest and dividend income $ 9,963 $ 23 $ 1,439 $ (1,439 ) $ 9,986 Income from fiduciary activities - 1,017 - - 1,017 Other income 1,990 286 50 (65 ) 2,261 Total operating income 11,953 1,326 1,489 (1,504 ) 13,264 Expenses Interest expense 1,548 - 20 - 1,568 Provision for loan losses 300 - - - 300 Salaries and employee benefits 4,988 814 192 - 5,994 Other expenses 3,682 342 77 (65 ) 4,036 Total operating expenses 10,518 1,156 289 (65 ) 11,898 Income before taxes 1,435 170 1,200 (1,439 ) 1,366 Income tax expense (benefit) 129 37 (50 ) - 116 Net income $ 1,306 $ 133 $ 1,250 $ (1,439 ) $ 1,250 Capital expenditures $ 368 $ - $ - $ - $ 368 Total assets $ 1,058,955 $ 6,774 $ 111,861 $ (112,313 ) $ 1,065,277 Three Months Ended March 31, 2019 (dollars in thousands) Bank Trust Parent Eliminations Consolidated Revenues Interest and dividend income $ 9,847 $ 29 $ 725 $ (725 ) $ 9,876 Income from fiduciary activities - 959 - - 959 Other income 2,188 284 50 (65 ) 2,457 Total operating income 12,035 1,272 775 (790 ) 13,292 Expenses Interest expense 1,486 - 31 - 1,517 Provision for loan losses 226 - - - 226 Salaries and employee benefits 4,818 767 114 - 5,699 Other expenses 3,348 249 60 (65 ) 3,592 Total operating expenses 9,878 1,016 205 (65 ) 11,034 Income before taxes 2,157 256 570 (725 ) 2,258 Income tax expense (benefit) 209 55 (33 ) - 231 Net income $ 1,948 $ 201 $ 603 $ (725 ) $ 2,027 Capital expenditures $ 498 $ - $ - $ - $ 498 Total assets $ 1,021,007 $ 6,310 $ 107,427 $ (107,864 ) $ 1,026,880 The accounting policies of the segments are the same as those described in the summary of significant accounting policies reported in the Company’s 2019 Annual Report on Form 10-K. The Company evaluates performance based on profit or loss from operations before income taxes, not including nonrecurring gains or losses.

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
PRINCIPLES OF CONSOLIDATION	PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services N.A. (Trust). All significant intercompany balances and transactions have been eliminated in consolidation.
NATURE OF OPERATIONS	NATURE OF OPERATIONS Old Point Financial Corporation is a holding company that conducts substantially all of its operations through two subsidiaries, the Bank and Trust. The Bank serves individual and commercial customers, the majority of which are in Hampton Roads, Virginia. As of March 31, 2020, the Bank had 19 branch offices. The Bank offers a full range of deposit and loan products to its retail and commercial customers, including mortgage loan products offered through Old Point Mortgage. Trust offers a full range of services for individuals and businesses. Products and services include retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services and investment management services.
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The FASB has issued multiple updates to ASU No. 2016-13 as codified in Topic 326, including ASU No. 2019-04, ASU No. 2019-05, ASU No. 2019-10, ASU No. 2019-11, ASU No. 2020-02, and ASU No. 2020-03. These ASUs have provided for various minor technical corrections and improvements to the codification as well as other transition matters. Smaller reporting companies who file with the U.S. Securities and Exchange Commission (SEC) and all other entities who do not file with the SEC are required to apply the guidance for fiscal years, and interim periods within those years, beginning after December 15, 2022. The Company has formed a committee to oversee the adoption of the new standard, has engaged a third party to assist with implementation, has performed data fit gap and loss driver analyses, intends to run parallel models beginning with third quarter data, and is continuing to evaluate the impact that ASU No. 2016-13 will have on its consolidated financial statements. Effective November 25, 2019, the SEC adopted Staff Accounting Bulletin (SAB) 119. SAB 119 updated portions of SEC interpretative guidance to align with FASB ASC 326, “Financial Instruments – Credit Losses.” It covers topics including (1) measuring current expected credit losses; (2) development, governance, and documentation of a systematic methodology; (3) documenting the results of a systematic methodology; and (4) validating a systematic methodology. In December 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes.” The ASU is expected to reduce cost and complexity related to the accounting for income taxes by removing specific exceptions to general principles in Topic 740 (eliminating the need for an organization to analyze whether certain exceptions apply in a given period) and improving financial statement preparers’ application of certain income tax-related guidance. This ASU is part of the FASB’s simplification initiative to make narrow-scope simplifications and improvements to accounting standards through a series of short-term projects. For public business entities, the amendments are effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently assessing the impact that ASU No. 2019-12 will have on its consolidated financial statements. In January 2020, the FASB issued ASU No. 2020-01, “Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323, and Topic 815.” The ASU is based on a consensus of the Emerging Issues Task Force and is expected to increase comparability in accounting for these transactions. ASU No. 2016-01 made targeted improvements to accounting for financial instruments, including providing an entity the ability to measure certain equity securities without a readily determinable fair value at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Among other topics, the amendments clarify that an entity should consider observable transactions that require it to either apply or discontinue the equity method of accounting. For public business entities, the amendments in the ASU are effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect the adoption of ASU 2020-01 to have a material impact on its consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is assessing ASU No. 2020-04 and its impact on the Company’s transition away from LIBOR for its loan and other financial instruments. On March 12, 2020, the SEC finalized amendments to the definitions of its “accelerated filer” and “large accelerated filer” definitions. The amendments increase the threshold criteria for meeting these filer classifications and were effective on April 27, 2020. Any changes in filer status are to be applied beginning with the filer’s first Annual Report on Form 10-K filed with the SEC subsequent to the effective date. Prior to these changes, the Company was required to comply with Section 404(b) of the Sarbanes Oxley Act of 2002 concerning auditor attestation over internal control over financial reporting as an “accelerated filer” as it had more than $75 million in public float but less than $700 million at the end of the Company’s most recent second fiscal quarter. The rule change expands the definition of “non-accelerated filer” to include entities with public float between $75 million and $700 million and less than $100 million in annual revenues. The Company expects to meet this expanded category of non-accelerated filer and will no longer be considered an accelerated filer, as of its Annual Report on Form 10-K for the fiscal year ending December 31, 2020. If the Company’s annual revenues exceed $100 million, its category will change back to “accelerated filer”. The classifications of “accelerated filer” and “large accelerated filer” require a public company to obtain an auditor attestation concerning the effectiveness of internal control over financial reporting (ICFR) and include the opinion on ICFR in its Annual Report on Form 10-K. Non-accelerated filers also have additional time to file quarterly and annual financial statements. All public companies are required to obtain and file annual financial statement audits, as well as provide management’s assertion on effectiveness of internal control over financial reporting, but the external auditor attestation of internal control over financial reporting is not required for non-accelerated filers. As the Bank has total assets exceeding $1.0 billion, it remains subject to the Federal Deposit Insurance Corporation act of 1991, or FDICIA, which requires an auditor attestation concerning internal controls over financial reporting. As such, other than the additional time provided to file quarterly and annual financial statements, this change does not significantly change the Company’s annual reporting and audit requirements. ACCOUNTING STANDARDS ADOPTED IN 2020 In January 2017, the FASB issued ASU No. 2017-04, “Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment” (ASU 2017-04). ASU 2017-04 simplifies the accounting for goodwill impairment for all entities by requiring impairment charges to be based on the first step in the previous two-step impairment test. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, an entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. The standard eliminates the prior requirement to calculate a goodwill impairment charge using Step 2, which requires an entity to calculate any impairment charge by comparing the implied fair value of goodwill with its carrying amount. ASU No. 2017-04 was effective for the Company on January 1, 2020 and did not have a material impact on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820) - Changes to the Disclosure Requirements for Fair Value Measurement” (ASU 2018-13). ASU 2018-13 modifies the disclosure requirements on fair value measurements by requiring that Level 3 fair value disclosures include the range and weighted average of significant unobservable inputs used to develop those fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 fair value measurements. Certain disclosure requirements in Topic 820 were also removed or modified. ASU No. 2018-13 was effective for the Company on January 1, 2020 and did not have a material impact on its consolidated financial statements. In March 2020, various regulatory agencies, including the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation, (“the agencies”) issued an interagency statement on loan modifications and reporting for financial institutions working with customers affected by the COVID-19 pandemic, which was revised in April 2020. The interagency statement was effective immediately and impacted accounting for loan modifications. Under ASU No. 310-40, “Receivables – Troubled Debt Restructurings by Creditors,” (ASC 310-40), a restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor, for economic or legal reasons related to the debtor’s financial difficulties, grands a concession to the debtor that it would not otherwise consider. The agencies confirmed with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief, are not to be considered TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time a modification program is implemented. This interagency guidance is expected to have a material impact on the Company’s financial statements; however, this impact cannot be quantified at this time. Refer to Note 3 for further discussion.

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2020
Securities [Abstract]
Amortized Cost and Fair Value, with Gross Unrealized Gains and Losses of Securities Available-for-Sale	Amortized costs and fair values, with gross unrealized gains and losses, of securities available-for-sale as of the dates indicated are as follows: March 31, 2020 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value U.S. Treasury securities $ 6,938 $ 187 $ - $ 7,125 Obligations of U.S. Government agencies 35,645 18 (1,963 ) 33,700 Obligations of state and policitcal subdivisions 27,914 679 (357 ) 28,236 Mortgage-backed securities 74,284 1,433 (828 ) 74,889 Money market investments 3,948 - - 3,948 Corporate bonds and other securities 4,542 168 - 4,710 $ 153,271 $ 2,485 $ (3,148 ) $ 152,608 December 31, 2019 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value U.S. Treasury securities $ 6,925 $ 78 $ - $ 7,003 Obligations of U.S. Government agencies 33,998 9 (403 ) 33,604 Obligations of state and policitcal subdivisions 24,525 442 (225 ) 24,742 Mortbage-backed securities 72,000 460 (552 ) 71,908 Money market investments 3,825 - - 3,825 Corporate bonds and other securities 4,542 94 (3 ) 4,633 $ 145,815 $ 1,083 $ (1,183 ) $ 145,715
Net Realized Gains and (Losses) on Sale of Investments	The following table summarizes net realized gains and losses on the sale of investment securities during the periods indicated: Three Months Ended March 31, (Dollars in thousands) 2020 2019 Securities Available-for-sale Realized gains on sales of securities $ - $ 36 Realized losses on sales of securities - (10 ) Net realized gain $ - $ 26
Available-for-Sale Securities, Continuous Unrealized Loss Position	The following tables show the gross unrealized losses and fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired as of March 31, 2020 and December 31, 2019, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position as of the dates indicated: March 31, 2020 Less than 12 months 12 months or more Total (Dollars in thousands) Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Obligations of U.S. Government agencies $ 1,903 $ 26,400 $ 60 $ 4,890 $ 1,963 $ 31,290 Obligations of state and policitcal subdivisions 357 9,601 - - 357 9,601 Mortgage-backed securities 622 26,806 206 6,319 828 33,125 Corporate bonds and other securities - 100 - - - 100 Total securities available-for-sale $ 2,882 $ 62,907 $ 266 $ 11,209 $ 3,148 $ 74,116 December 31, 2019 Less than 12 months 12 months or more Total (Dollars in thousands) Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Obligations of U.S. Government agencies $ 349 $ 29,744 $ 54 $ 2,562 $ 403 $ 32,306 Obligations of state and policitcal subdivisions 225 10,112 - - 225 10,112 Mortgage-backed securities 405 44,661 147 14,078 552 58,739 Corporate bonds and other securities - - 3 197 3 197 Total securities available-for-sale $ 979 $ 84,517 $ 204 $ 16,837 $ 1,183 $ 101,354

Loans and the Allowance for L_2

Loans and the Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2020
Loans and the Allowance for Loan Losses [Abstract]
Outstanding Loans By Segment Type	The following is a summary of the balances in each class of the Company’s portfolio of loans held for investment as of the dates indicated: (dollars in thousands) March 31, 2020 December 31, 2019 Mortgage loans on real estate: Residential 1-4 family $ 118,026 $ 118,561 Commercial - owner occupied 138,414 141,743 Commercial - non-owner occupied 152,859 135,798 Multifamily 24,953 25,865 Construction 40,489 40,716 Second mortgages 13,898 13,941 Equity lines of credit 52,750 52,286 Total mortgage loans on real estate 541,389 528,910 Commercial and industrial loans 69,397 75,383 Consumer automobile loans 92,241 97,294 Other consumer loans 42,702 39,713 Other 14,490 6,565 Total loans, net of deferred fees 760,219 747,865 Less: Allowance for loan losses 9,669 9,660 Loans, net of allowance and deferred fees (1) $ 750,550 $ 738,205 (1) Net deferred loan fees totaled $511 thousand and $557 thousand at March 31, 2020 and December 31, 2019, respectively.
Acquired Loans	The outstanding principal balance and the carrying amount of total acquired loans included in the consolidated balance sheets as of March 31, 2020 and December 31, 2019 are as follows: (dollars in thousands) March 31, 2020 December 31, 2019 Outstanding principal balance $ 15,692 $ 16,850 Carrying amount $ 15,434 $ 16,561 The outstanding principal balance and related carrying amount of purchased credit-impaired loans, for which the Company applies FASB ASC 310-30 to account for interest earned, as of March 31, 2020 and December 31, 2019 are as follows: (dollars in thousands) March 31, 2020 December 31, 2019 Outstanding principal balance $ 223 $ 227 Carrying amount $ 86 $ 85 The following table presents changes in the accretable yield on purchased credit-impaired loans, for which the Company applies FASB ASC 310-30, at March 31, 2020: (dollars in thousands) March 31, 2020 March 31, 2019 Balance at January 1 $ 72 $ 12 Accretion (10 ) (1 ) Balance at end of period $ 62 $ 11
Credit Quality Information	The following tables present credit quality exposures by internally assigned risk ratings as of the dates indicated: Credit Quality Information (dollars in thousands) Pass OAEM Substandard Doubtful Total Mortgage loans on real estate: Residential 1-4 family $ 116,167 $ - $ 1,859 $ - $ 118,026 Commercial - owner occupied 132,161 1,534 4,719 - 138,414 Commercial - non-owner occupied 150,824 723 1,312 - 152,859 Multifamily 24,953 - - - 24,953 Construction 40,489 - - - 40,489 Second mortgages 13,794 - 104 - 13,898 Equity lines of credit 52,750 - - - 52,750 Total mortgage loans on real estate $ 531,138 $ 2,257 $ 7,994 $ - $ 541,389 Commercial and industrial loans 69,088 56 253 - 69,397 Consumer automobile loans 91,859 - 382 - 92,241 Other consumer loans 42,702 - - - 42,702 Other 14,490 - - - 14,490 Total $ 749,277 $ 2,313 $ 8,629 $ - $ 760,219 Credit Quality Information (dollars in thousands) Pass OAEM Substandard Doubtful Total Mortgage loans on real estate: Residential 1-4 family $ 116,380 $ - $ 2,181 $ - $ 118,561 Commercial - owner occupied 134,570 1,618 5,555 - 141,743 Commercial - non-owner occupied 132,851 1,622 1,325 - 135,798 Multifamily 25,865 - - - 25,865 Construction 40,716 - - - 40,716 Second mortgages 13,837 - 104 - 13,941 Equity lines of credit 52,286 - - - 52,286 Total mortgage loans on real estate $ 516,505 $ 3,240 $ 9,165 $ - $ 528,910 Commercial and industrial loans 74,963 66 354 - 75,383 Consumer automobile loans 96,907 - 387 - 97,294 Other consumer loans 39,713 - - - 39,713 Other 6,565 - - - 6,565 Total $ 734,653 $ 3,306 $ 9,906 $ - $ 747,865
Past Due Loans	The following table includes an aging analysis of the recorded investment in past due loans as of the dates indicated. Also included in the table below are loans that are 90 days or more past due as to interest and principal and still accruing interest, because they are well-secured and in the process of collection. Age Analysis of Past Due Loans as of March 31, 2020 (dollars in thousands) 30 - 59 Days Past Due 60 - 89 Days Past Due 90 or More Days Past Due and still Accruing PCI Nonaccrual Total Current Loans (1) Total Mortgage loans on real estate: Residential 1-4 family $ 1,056 $ - $ - $ - $ 1,165 $ 115,805 $ 118,026 Commercial - owner occupied 293 - - 86 2,638 135,397 138,414 Commercial - non-owner occupied 410 - - - 1,311 151,138 152,859 Multifamily - - - - - 24,953 24,953 Construction 99 - - - - 40,390 40,489 Second mortgages 394 73 13 - 104 13,314 13,898 Equity lines of credit 56 100 40 - - 52,554 52,750 Total mortgage loans on real estate $ 2,308 $ 173 $ 53 $ 86 $ 5,218 $ 533,551 $ 541,389 Commercial and industrial loans 928 408 9 - 253 67,799 69,397 Consumer automobile loans 1,172 233 265 - - 90,571 92,241 Other consumer loans 1,377 342 923 - - 40,060 42,702 Other 149 3 5 - - 14,333 14,490 Total $ 5,934 $ 1,159 $ 1,255 $ 86 $ 5,471 $ 746,314 $ 760,219 (1) For purposes of this table, Total Current Loans includes loans that are 1 - 29 days past due. In the table above, the past due totals include student and small business loans with principal and interest amounts that are 97 - 100% guaranteed by the federal government. The past due principal portion of these guaranteed loans totaled $1.8 million at March 31, 2020. The increase in 30-59 days past due loans was primarily related to credits that were 30 days past due as of period end of which the majority subsequently become current. Age Analysis of Past Due Loans as of December 31, 2019 (dollars in thousands) 30 - 59 Days Past Due 60 - 89 Days Past Due 90 or More Days Past Due and still Accruing PCI Nonaccrual Total Current Loans (1) Total Mortgage loans on real estate: Residential 1-4 family $ 891 $ - $ - $ - $ 1,459 $ 116,211 $ 118,561 Commercial - owner occupied - 319 - 85 2,795 138,544 141,743 Commercial - non-owner occupied - - - - 1,422 134,376 135,798 Multifamily - - - - - 25,865 25,865 Construction 100 - - - - 40,616 40,716 Second mortgages 49 - - - 104 13,788 13,941 Equity lines of credit 25 - - - - 52,261 52,286 Total mortgage loans on real estate $ 1,065 $ 319 $ - $ 85 $ 5,780 $ 521,661 $ 528,910 Commercial and industrial loans 211 - - - 257 74,915 75,383 Consumer automobile loans 1,115 299 203 - - 95,677 97,294 Other consumer loans 1,032 891 888 - - 36,902 39,713 Other 81 9 - - - 6,475 6,565 Total $ 3,504 $ 1,518 $ 1,091 $ 85 $ 6,037 $ 735,630 $ 747,865 (1) For purposes of this table, Total Current Loans includes loans that are 1 - 29 days past due.
Nonaccrual Loans	The following table presents loans in nonaccrual status by class of loan as of the dates indicated: (dollars in thousands) March 31, 2020 December 31, 2019 Mortgage loans on real estate: Residential 1-4 family $ 1,165 $ 1,459 Commercial - owner occupied 2,638 2,795 Commercial - non-owner occupied 1,311 1,422 Second mortgages 104 104 Total mortgage loans on real estate $ 5,218 $ 5,780 Commercial and industrial loans 253 257 Total $ 5,471 $ 6,037
Interest Income to be Earned Under Original Terms	The following table presents the interest income that the Company would have earned under the original terms of its nonaccrual loans and the actual interest recorded by the Company on nonaccrual loans for the periods presented: Three Months Ended March 31, (dollars in thousand) 2020 2019 Interest income that would have been recorded under original loan terms $ 78 $ 64 Actual interest income recorded for the period - - Reduction in interest income on nonaccrual loans $ 78 $ 64
Impaired Loans by Class	The following table includes the recorded investment and unpaid principal balances (a portion of which may have been charged off) for impaired loans, exclusive of purchased credit-impaired loans, with the associated allowance amount, if applicable, as of the dates presented. Also presented are the average recorded investments in the impaired loans and the related amount of interest recognized for the periods presented. The average balances are calculated based on daily average balances. Impaired Loans by Class For the three months ended As of March 31, 2020 March 31, 2020 (Dollars in thousands) Unpaid Principal Balance Without Valuation Allowance With Valuation Allowance Associated Allowance Average Recorded Investment Interest Income Recognized Mortgage loans on real estate: Residential 1-4 family $ 1,482 $ 1,223 $ 88 $ 39 $ 1,325 $ - Commercial 6,984 4,283 1,679 301 6,038 - Construction 88 - 86 12 87 1 Second mortgages 245 - 243 104 244 2 Total mortgage loans on real estate 8,799 5,506 2,096 456 7,694 3 Commercial and industrial loans 306 263 - - 267 - Other consumer loans 20 19 - - 20 - Total $ 9,125 $ 5,788 $ 2,096 $ 456 $ 7,981 $ 3 Impaired Loans by Class For the Year Ended As of December 31, 2019 December 31, 2019 (Dollars in thousands) Unpaid Principal Balance Without Valuation Allowance With Valuation Allowance Associated Allowance Average Recorded Investment Interest Income Recognized Mortgage loans on real estate: Residential 1-4 family $ 1,542 $ 1,519 $ 89 $ 39 $ 1,416 $ 11 Commercial 9,333 4,538 1,611 317 6,822 123 Construction 89 - 88 14 88 4 Second mortgages 247 - 245 111 246 6 Total mortgage loans on real estate 11,211 6,057 2,033 481 8,572 144 Commercial and industrial loans 362 354 - - 273 4 Other consumer loans 22 - - - 21 1 Total $ 11,595 $ 6,411 $ 2,033 $ 481 $ 8,866 $ 149
Allowance for Loan Losses by Segment	The following tables present, by portfolio segment, the changes in the allowance for loan losses and the recorded investment in loans for the periods presented. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. ALLOWANCE FOR LOAN LOSSES AND RECORDED INVESTMENT IN LOANS For the three months ended March 31, 2020 (Dollars in thousands) Commercial and Industrial Real Estate Construction Real Estate - Mortgage (1) Consumer (2) Other Unallocated Total Allowance for loan losses: Balance, beginning $ 1,244 $ 258 $ 6,168 $ 1,694 $ 296 $ - $ 9,660 Charge-offs - - (46 ) (270 ) (124 ) - (440 ) Recoveries 2 - 9 125 13 - 149 Provision for loan losses (244 ) 27 109 124 236 48 300 Ending Balance $ 1,002 $ 285 $ 6,240 $ 1,673 $ 421 $ 48 $ 9,669 Individually evaluated for impairment $ - $ 12 $ 444 $ - $ - $ - $ 456 Collectively evaluated for impairment 1,002 273 5,796 1,673 421 48 9,213 Purchased credit-impaired loans - - - - - - Ending Balance $ 1,002 $ 285 $ 6,240 $ 1,673 $ 421 $ 48 $ 9,669 Loans Balances: 0.50 % Individually evaluated for impairment 263 86 7,516 19 - - 7,884 Collectively evaluated for impairment 69,048 40,403 493,384 134,924 14,490 - 752,249 Purchased credit-impaired loans 86 - - - - 86 Ending Balance $ 69,397 $ 40,489 $ 500,900 $ 134,943 $ 14,490 $ - $ 760,219 (1) The real estate-mortgage segment includes residential 1 – 4 family, commercial real estate, second mortgages and equity lines of credit. (2) The consumer segment includes consumer automobile loans. For the Year ended December 31, 2019 (Dollars in thousands) Commercial and Industrial Real Estate Construction Real Estate - Mortgage (1) Consumer (2) Other Unallocated Total Allowance for loan losses: Balance, beginning $ 2,340 $ 156 $ 5,956 $ 1,354 $ 305 $ - $ 10,111 Charge-offs - - (197 ) (776 ) (425 ) - (1,398 ) Recoveries 10 - 200 351 68 - 629 Provision for loan losses (1,106 ) 102 209 765 348 - 318 Ending Balance $ 1,244 $ 258 $ 6,168 $ 1,694 $ 296 $ - $ 9,660 Individually evaluated for impairment $ - $ 14 $ 467 $ - $ - $ - $ 481 Collectively evaluated for impairment 1,244 244 5,701 1,694 296 - 9,179 Purchased credit-impaired loans - - - - - - Ending Balance $ 1,244 $ 258 $ 6,168 $ 1,694 $ 296 $ - $ 9,660 Loans Balances: Individually evaluated for impairment 354 88 8,002 - - - 8,444 Collectively evaluated for impairment 74,944 40,628 480,192 137,007 6,565 - 739,336 Purchased credit-impaired loans 85 - - - - 85 Ending Balance $ 75,383 $ 40,716 $ 488,194 $ 137,007 $ 6,565 $ - $ 747,865 (1) The real estate-mortgage segment includes residential 1 – 4 family, commercial real estate, second mortgages and equity lines of credit. (2) The consumer segment includes consumer automobile loans.

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Information about Leases	The following tables present information about the Company’s leases: (Dollars in thousands) March 31, 2020 Lease liabilities $ 1,023 Right-of-use assets $ 1,016 Weighted average remaining lease term 4.7 years Weighted average discount rate 2.60 %
Lease Cost	Three Months Ended March 31, Lease cost 2020 2019 Operating lease cost $ 88 $ 85 Total lease cost $ 88 $ 85 Cash paid for amounts included in the measurement of lease liabilities $ 84 $ 84
Maturity of Operating Lease Liabilities	A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows: Lease payments due As of Nine months ending December 31, 2020 $ 268 Twelve months ending December 31, 2021 220 Twelve months ending December 31, 2022 202 Twelve months ending December 31, 2023 117 Thereafter 328 Total undiscounted cash flows $ 1,135 Discount (112 ) Lease liabilities $ 1,023

Low-Income Housing Tax Credits

Low-Income Housing Tax Credits (Tables)	3 Months Ended
	Mar. 31, 2020
Low-Income Housing Tax Credits [Abstract]
Tax Credits and Other Tax Benefits Recognized Related to Investments	Three Months Ended Affected Line Item on 2020 2019 Consolidated Income Statement Tax credits and other benefits Amortization of operating losses $ 45 $ 80 ATM and other losses Tax benefit of operating losses* 9 17 Income tax expense (benefit) Tax credits 103 124 Income tax expense (benefit) Total tax benefits $ 112 $ 141 * Computed using a 21% tax rate.

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2020
Borrowings [Abstract]
Short-Term Borrowings	The following table presents total short-term borrowings as of the dates indicated: (dollar in thousands) March 31, 2020 December 31, 2019 Overnight repurchase agreements $ 4,817 $ 11,452 Federal Home Loan Bank advances - - Total short-term borrowings $ 4,817 $ 11,452 Maximum month-end outstanding balance $ 7,090 $ 38,138 Average outstanding balance during the period $ 6,427 $ 27,382 Average interest rate (year-to-date) 0.00 % 0.71 % Average interest rate at end of period 0.09 % 0.10 %

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies [Abstract]
Financial Instruments whose Contract Amounts Represent Credit Risk	The following financial instruments whose contract amounts represent credit risk were outstanding at 20 and 9: (dollars in thousands) March 31, 2020 December 31, 2019 Commitments to extend credit: Home equity lines of credit $ 62,904 $ 62,267 Commercial real estate, construction and development loans committed but not funded 17,619 15,637 Other lines of credit (principally commercial) 48,435 62,321 Total $ 128,958 $ 140,225 Letters of credit $ 8,451 $ 7,724

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2020
Share-Based Compensation [Abstract]
Restricted Stock Activity	Restricted stock activity for the three months ended March 31, 2020 is summarized below: Shares Weighted Average Grant Date Fair Value Nonvested, January 1, 2020 19,933 $ 22.70 Issued - - Vested (7,258 ) 22.17 Forfeited (290 ) 21.68 Nonvested, March 31, 2020 12,385 $ 23.03

Stockholders' Equity and Earn_2

Stockholders' Equity and Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity and Earnings per Share [Abstract]
Amounts Reclassified Out of Accumulated Other Comprehensive Loss, by Category	The following table presents information on amounts reclassified out of accumulated other comprehensive income (loss), by category, during the periods indicated: Three Months Ended March 31, Affected Line Item on (dollars in thousands) 2020 2019 Consolidated Statement of Income Available-for-sale securities Realized gains on sales of securities $ - $ 26 Gain on sale of available-for-sale securities, net Tax effect - 5 Income tax expense $ - $ 21
Changes in Accumulated Other Comprehensive Income (Loss), by Category	The following tables present the changes in accumulated other comprehensive income (loss), by category, net of tax, for the periods indicated: (dollars in thousands) Unrealized Gains (Losses) on Available-for-Sale Securities Accumulated Other Comprehensive Loss Three Months Ended March 31, 2020 Balance at beginning of period $ (79 ) $ (79 ) Net other comprehensive loss (445 ) (445 ) Balance at end of period $ (524 ) $ (524 ) Three Months Ended March 31, 2019 Balance at beginning of period $ (2,156 ) $ (2,156 ) Net other comprehensive income 1,540 1,540 Balance at end of period $ (616 ) $ (616 )
Component of Accumulated Other Comprehensive Income (Loss) on Pre-Tax and After-Tax	The following tables present the change in each component of accumulated other comprehensive income (loss) on a pre-tax and after-tax basis for the periods indicated. Three Months Ended March 31, 2020 (dollars in thousands) Pretax Tax Net-of-Tax Unrealized losses on available-for-sale securities: Unrealized holding losses arising during the period $ (563 ) $ (118 ) $ (445 ) Total change in accumulated other comprehensive income, net $ (563 ) $ (118 ) $ (445 ) Three Months Ended March 31, 2019 (dollars in thousands) Pretax Tax Net-of-Tax Unrealized gains on available-for-sale securities: Unrealized holding gains arising during the period $ 1,976 $ 415 $ 1,561 Reclassification adjustment for gains recognized in income (26 ) (5 ) (21 ) Total change in accumulated other comprehensive loss, net $ 1,950 $ 410 $ 1,540
Computation of Earnings Per Share	The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three months ended March 31, 2020 and 2019: (dollars in thousands except per share data) Net Income Available to Common Shareholders (Numerator) Weighted Average Common Shares (Denominator) Per Share Three Months Ended March 31, 2020 Net income, basic $ 1,250 5,200 $ 0.24 Potentially dilutive common shares - employee stock purchase program - 1 - Diluted $ 1,250 5,201 $ 0.24 Three Months Ended March 31, 2019 Net income, basic $ 2,027 5,187 $ 0.39 Potentially dilutive common shares - employee stock purchase program - - - Diluted $ 2,027 5,187 $ 0.39

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Measurements [Abstract]
Assets Measured at Fair Value on Recurring Basis	The following tables present the balances of certain assets measured at fair value on a recurring basis as of the dates indicated: Fair Value Measurements at March 31, 2020 Using (dollars in thousands) Balance Quoted Prices in Active Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Available-for-sale securities U.S. Treasury securities $ 7,125 $ - $ 7,125 $ - Obligations of U.S. Government agencies 33,700 - 33,700 - Obligations of state and political subdivisions 28,236 - 28,236 - Mortgage-backed securities 74,889 - 74,889 - Money market investments 3,948 - 3,948 - Corporate bonds and other securities 4,710 - 4,710 - Total available-for-sale securities $ 152,608 $ - $ 152,608 $ - Fair Value Measurements at December 31, 2019 Using (dollars in thousands) Balance Quoted Prices in Active Markets for Identical Significant Other Observable Inputs Significant Unobservable Inputs Available-for-sale securities U.S. Treasury securities $ 7,003 $ - $ 7,003 $ - Obligations of U.S. Government agencies 33,604 - 33,604 - Obligations of state and political subdivisions 24,742 - 24,742 - Mortgage-backed securities 71,908 - 71,908 - Money market investments 3,825 - 3,825 - Corporate bonds and other securities 4,633 - 4,633 - Total available-for-sale securities $ 145,715 $ - $ 145,715 $ -
Assets Measured at Fair Value on Nonrecurring Basis	The following table presents the assets carried in the consolidated balance sheets for which a nonrecurring change in fair value has been recorded. Assets are shown by class of loan and by level in the fair value hierarchy, as of the dates indicated. Certain impaired loans are valued by the present value of the loan’s expected future cash flows, discounted at the loan’s effective interest rate rather than at a market rate. These loans are not carried in the consolidated balance sheets at fair value and, as such, are not included in the tables below. Carrying Value at March 31, 2020 (dollars in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans Mortgage loans on real estate: Residential 1-4 family $ 83 $ - $ - $ 83 Commercial 1,247 - - 1,247 Construction 74 - - 74 Total mortgage loans on real estate $ 1,404 $ - $ - $ 1,404 Commercial loans - - - - Total $ 1,404 $ - $ - $ 1,404 Loans Loans held for sale $ 2,309 $ - $ 2,309 $ - Other real estate owned Residential 1-4 family $ 236 $ - $ - $ 236 Total $ 236 $ - $ - $ 236 Carrying Value at December 31, 2019 (dollars in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans Mortgage loans on real estate: Residential 1-4 family $ 74 $ - $ - $ 74 Commercial 1,294 - - 1,294 Construction 74 - - 74 Total mortgage loans on real estate 1,442 - - 1,442 Commercial loans - - - - Total $ 1,442 $ - $ - $ 1,442 Loans Loans held for sale $ 590 $ - $ 590 $ -
Fair Value Inputs, Assets, Quantitative Information	The following tables display quantitative information about Level 3 Fair Value Measurements as of the dates indicated: Quantitative Information About Level 3 Fair Value Measurements (dollars in thousands) Fair Value at March 31, 2020 Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans Residential 1-4 family real estate $ 83 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Commercial real estate $ 1,247 Market comparables Selling costs 6.00 % Liquidation discount 35.00 % Construction $ 74 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Other real estate owned Residential 1-4 family $ 236 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Quantitative Information About Level 3 Fair Value Measurements (dollars in thousands) Fair Value at December 31, 2019 Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans Residential 1-4 family real estate $ 74 Market comparables Selling costs 7.25 % Liquidation discount 4.00 % Commercial real estate $ 1,294 Market comparables Selling costs 6.00 % Liquidation discount 35.00 % Construction $ 74 Market comparables Selling costs 7.25 % Liquidation discount 4.00 %
Estimated Fair Values and Related Carrying or Notional Amounts of Financial Instruments	The estimated fair values, and related carrying or notional amounts, of the Company’s financial instruments as of the dates indicated are as follows: Fair Value Measurements at March 31, 2020 Using (dollars in thousands) Carrying Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Cash and cash equivalents $ 78,130 $ 78,130 $ - $ - Securities available-for-sale 152,608 - 152,608 - Restricted securities 3,152 - 3,152 - Loans held for sale 2,309 - 2,309 - Loans, net of allowances for loan losses 750,550 - - 739,303 Bank owned life insurance 27,777 - 27,777 - Accrued interest receivable 2,756 - 2,756 - Liabilities Deposits $ 902,536 $ - $ 905,120 $ - Overnight repurchase agreements 4,817 - 4,817 - Federal Home Loan Bank advances 42,000 - 41,353 - Other borrowings 1,800 - 1,800 - Accrued interest payable 549 - 549 - Fair Value Measurements at December 31, 2019 Using (dollars in thousands) Carrying Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Cash and cash equivalents $ 89,865 $ 89,865 $ - $ - Securities available-for-sale 145,715 - 145,715 - Restricted securities 2,926 - 2,926 - Loans held for sale 590 - 590 - Loans, net of allowances for loan losses 738,205 - - 734,932 Bank owned life insurance 27,547 - 27,547 - Accrued interest receivable 2,762 - 2,762 - Liabilities Deposits $ 889,496 $ - $ 893,584 $ - Overnight repurchase agreements 11,452 - 11,452 - Federal Home Loan Bank advances 37,000 - 36,747 - Other borrowings 1,950 - 1,950 - Accrued interest payable 620 - 620 -

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Reconciliation of Assets and Revenues from Segment to Consolidated	Information about reportable segments, and reconciliation of such information to the consolidated financial statements as of and for the three months ended March 31, 2020 and 2019 follows: Three Months Ended March 31, 2020 (dollars in thousands) Bank Trust Parent Eliminations Consolidated Revenues Interest and dividend income $ 9,963 $ 23 $ 1,439 $ (1,439 ) $ 9,986 Income from fiduciary activities - 1,017 - - 1,017 Other income 1,990 286 50 (65 ) 2,261 Total operating income 11,953 1,326 1,489 (1,504 ) 13,264 Expenses Interest expense 1,548 - 20 - 1,568 Provision for loan losses 300 - - - 300 Salaries and employee benefits 4,988 814 192 - 5,994 Other expenses 3,682 342 77 (65 ) 4,036 Total operating expenses 10,518 1,156 289 (65 ) 11,898 Income before taxes 1,435 170 1,200 (1,439 ) 1,366 Income tax expense (benefit) 129 37 (50 ) - 116 Net income $ 1,306 $ 133 $ 1,250 $ (1,439 ) $ 1,250 Capital expenditures $ 368 $ - $ - $ - $ 368 Total assets $ 1,058,955 $ 6,774 $ 111,861 $ (112,313 ) $ 1,065,277 Three Months Ended March 31, 2019 (dollars in thousands) Bank Trust Parent Eliminations Consolidated Revenues Interest and dividend income $ 9,847 $ 29 $ 725 $ (725 ) $ 9,876 Income from fiduciary activities - 959 - - 959 Other income 2,188 284 50 (65 ) 2,457 Total operating income 12,035 1,272 775 (790 ) 13,292 Expenses Interest expense 1,486 - 31 - 1,517 Provision for loan losses 226 - - - 226 Salaries and employee benefits 4,818 767 114 - 5,699 Other expenses 3,348 249 60 (65 ) 3,592 Total operating expenses 9,878 1,016 205 (65 ) 11,034 Income before taxes 2,157 256 570 (725 ) 2,258 Income tax expense (benefit) 209 55 (33 ) - 231 Net income $ 1,948 $ 201 $ 603 $ (725 ) $ 2,027 Capital expenditures $ 498 $ - $ - $ - $ 498 Total assets $ 1,021,007 $ 6,310 $ 107,427 $ (107,864 ) $ 1,026,880

Accounting Policies (Details)

Accounting Policies (Details) $ in Thousands		Apr. 30, 2020USD ($)	Mar. 31, 2020USD ($)SubsidiaryBranch	Dec. 31, 2019USD ($)
Accounting Policies [Abstract]
Number of subsidiaries | Subsidiary			2
Number of branch offices | Branch			19
COVID-19 [Abstract]
Loans	[1]		$ 750,550	$ 738,205
Mortgage and Commercial Loans [Member]
COVID-19 [Abstract]
Standard deferral period			90 days
Consumer Automobile Loans [Member]
COVID-19 [Abstract]
Standard deferral period			60 days
Subsequent Event [Member] | PPP Loans [Member]
COVID-19 [Abstract]
Loans		$ 105,000
Subsequent Event [Member] | COVID-19 [Member] | PPP Loans [Member]
COVID-19 [Abstract]
Deferral payment requests		$ 125,900
Deferral payment requests percentage of total loan portfolio		16.60%
[1]	Net deferred loan fees totaled $511 thousand and $557 thousand at March 31, 2020 and December 31, 2019, respectively.

Securities (Details)

Securities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)Security	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)Security
Debt Securities, Available-for-sale [Abstract]
Amortized cost	$ 153,271		$ 145,815
Gross unrealized gains	2,485		1,083
Gross unrealized losses	(3,148)		(1,183)
Fair value	152,608		145,715
Securities Available-for-sale [Abstract]
Realized gains on sales of securities	0	$ 36
Realized losses on sales of securities	0	(10)
Net realized gain	0	$ 26
Securities Available-for-Sale, Gross Unrealized Losses [Abstract]
Less Than Twelve Months	2,882		979
More Than Twelve Months	266		204
Total	3,148		1,183
Securities Available-for-Sale, Fair Value [Abstract]
Less than Twelve Months	62,907		84,517
More Than Twelve Months	11,209		16,837
Total	$ 74,116		$ 101,354
Unrealized loss position, Number of securities | Security	38		47
U.S. Treasury Securities [Member]
Debt Securities, Available-for-sale [Abstract]
Amortized cost	$ 6,938		$ 6,925
Gross unrealized gains	187		78
Gross unrealized losses	0		0
Fair value	7,125		7,003
Obligations of U.S. Government Agencies [Member]
Debt Securities, Available-for-sale [Abstract]
Amortized cost	35,645		33,998
Gross unrealized gains	18		9
Gross unrealized losses	(1,963)		(403)
Fair value	33,700		33,604
Securities Available-for-Sale, Gross Unrealized Losses [Abstract]
Less Than Twelve Months	1,903		349
More Than Twelve Months	60		54
Total	1,963		403
Securities Available-for-Sale, Fair Value [Abstract]
Less than Twelve Months	26,400		29,744
More Than Twelve Months	4,890		2,562
Total	31,290		32,306
Obligations of State and Political Subdivisions [Member]
Debt Securities, Available-for-sale [Abstract]
Amortized cost	27,914		24,525
Gross unrealized gains	679		442
Gross unrealized losses	(357)		(225)
Fair value	28,236		24,742
Securities Available-for-Sale, Gross Unrealized Losses [Abstract]
Less Than Twelve Months	357		225
More Than Twelve Months	0		0
Total	357		225
Securities Available-for-Sale, Fair Value [Abstract]
Less than Twelve Months	9,601		10,112
More Than Twelve Months	0		0
Total	9,601		10,112
Mortgage-backed Securities [Member]
Debt Securities, Available-for-sale [Abstract]
Amortized cost	74,284		72,000
Gross unrealized gains	1,433		460
Gross unrealized losses	(828)		(552)
Fair value	74,889		71,908
Securities Available-for-Sale, Gross Unrealized Losses [Abstract]
Less Than Twelve Months	622		405
More Than Twelve Months	206		147
Total	828		552
Securities Available-for-Sale, Fair Value [Abstract]
Less than Twelve Months	26,806		44,661
More Than Twelve Months	6,319		14,078
Total	33,125		58,739
Money Market Investments [Member]
Debt Securities, Available-for-sale [Abstract]
Amortized cost	3,948		3,825
Gross unrealized gains	0		0
Gross unrealized losses	0		0
Fair value	3,948		3,825
Corporate Bonds and Other Securities [Member]
Debt Securities, Available-for-sale [Abstract]
Amortized cost	4,542		4,542
Gross unrealized gains	168		94
Gross unrealized losses	0		(3)
Fair value	4,710		4,633
Securities Available-for-Sale, Gross Unrealized Losses [Abstract]
Less Than Twelve Months	0		0
More Than Twelve Months	0		3
Total	0		3
Securities Available-for-Sale, Fair Value [Abstract]
Less than Twelve Months	100		0
More Than Twelve Months	0		197
Total	$ 100		$ 197

Loans and the Allowance for L_3

Loans and the Allowance for Loan Losses (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Dec. 31, 2019
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		$ 760,219	$ 747,865
Less: Allowance for loan losses		9,669	9,660
Loans, net of allowance and deferred fees	[1]	750,550	738,205
Net deferred loan fees		511	557
Overdrawn deposit accounts, excluding internal use accounts		8,400	449
Increase in overdrawn deposit account		8,000
Mortgage Loans on Real Estate [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		541,389	528,910
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		118,026	118,561
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		138,414	141,743
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		152,859	135,798
Mortgage Loans on Real Estate [Member] | Multifamily [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		24,953	25,865
Mortgage Loans on Real Estate [Member] | Construction [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		40,489	40,716
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		13,898	13,941
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		52,750	52,286
Commercial [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		69,397	75,383
Commercial [Member] | Commercial and Industrial Loans [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		69,397	75,383
Consumer [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees	[2]	134,943	137,007
Consumer [Member] | Consumer Automobile Loans [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		92,241	97,294
Consumer [Member] | Other Consumer Loans [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		42,702	39,713
Other [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Total loans, net of deferred fees		$ 14,490	$ 6,565
[1]	Net deferred loan fees totaled $511 thousand and $557 thousand at March 31, 2020 and December 31, 2019, respectively.
[2]	The consumer segment includes consumer automobile loans.

Loans and the Allowance for L_4

Loans and the Allowance for Loan Losses, Acquired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Acquired Loans Included in Consolidated Balance Sheet [Abstract]
Outstanding principal balance	$ 15,692		$ 16,850
Carrying amount	15,434		16,561
Acquired Loans Accounted for Under FASB ASC 310-30 [Abstract]
Outstanding principal balance	223		227
Carrying amount	86		$ 85
Acquired Loans Accounted for under FASB ASC 310-30 Changes in Accretable Yield [Roll Forward]
Balance at beginning of period	72	$ 12
Accretion	(10)	(1)
Balance at end of period	$ 62	$ 11

Loans and the Allowance for L_5

Loans and the Allowance for Loan Losses, Credit Quality (Details) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Gross loan receivables		$ 760,219	$ 747,865
Pass [Member]
Receivables [Abstract]
Gross loan receivables		749,277	734,653
OAEM [Member]
Receivables [Abstract]
Gross loan receivables		2,313	3,306
Substandard [Member]
Receivables [Abstract]
Gross loan receivables		8,629	9,906
Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member]
Receivables [Abstract]
Gross loan receivables		541,389	528,910
Mortgage Loans on Real Estate [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		531,138	516,505
Mortgage Loans on Real Estate [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		2,257	3,240
Mortgage Loans on Real Estate [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		7,994	9,165
Mortgage Loans on Real Estate [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Receivables [Abstract]
Gross loan receivables		118,026	118,561
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		116,167	116,380
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		1,859	2,181
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member]
Receivables [Abstract]
Gross loan receivables		138,414	141,743
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		132,161	134,570
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		1,534	1,618
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		4,719	5,555
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member]
Receivables [Abstract]
Gross loan receivables		152,859	135,798
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		150,824	132,851
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		723	1,622
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		1,312	1,325
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Multifamily [Member]
Receivables [Abstract]
Gross loan receivables		24,953	25,865
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		24,953	25,865
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Construction [Member]
Receivables [Abstract]
Gross loan receivables		40,489	40,716
Mortgage Loans on Real Estate [Member] | Construction [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		40,489	40,716
Mortgage Loans on Real Estate [Member] | Construction [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Construction [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Construction [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member]
Receivables [Abstract]
Gross loan receivables		13,898	13,941
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		13,794	13,837
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		104	104
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member]
Receivables [Abstract]
Gross loan receivables		52,750	52,286
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		52,750	52,286
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Commercial [Member]
Receivables [Abstract]
Gross loan receivables		69,397	75,383
Commercial [Member] | Commercial and Industrial Loans [Member]
Receivables [Abstract]
Gross loan receivables		69,397	75,383
Commercial [Member] | Commercial and Industrial Loans [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		69,088	74,963
Commercial [Member] | Commercial and Industrial Loans [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		56	66
Commercial [Member] | Commercial and Industrial Loans [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		253	354
Commercial [Member] | Commercial and Industrial Loans [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Consumer [Member]
Receivables [Abstract]
Gross loan receivables	[1]	134,943	137,007
Consumer [Member] | Consumer Automobile Loans [Member]
Receivables [Abstract]
Gross loan receivables		92,241	97,294
Consumer [Member] | Consumer Automobile Loans [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		91,859	96,907
Consumer [Member] | Consumer Automobile Loans [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Consumer [Member] | Consumer Automobile Loans [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		382	387
Consumer [Member] | Consumer Automobile Loans [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Consumer [Member] | Other Consumer Loans [Member]
Receivables [Abstract]
Gross loan receivables		42,702	39,713
Consumer [Member] | Other Consumer Loans [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		42,702	39,713
Consumer [Member] | Other Consumer Loans [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Consumer [Member] | Other Consumer Loans [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Consumer [Member] | Other Consumer Loans [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Other [Member]
Receivables [Abstract]
Gross loan receivables		14,490	6,565
Other [Member] | Pass [Member]
Receivables [Abstract]
Gross loan receivables		14,490	6,565
Other [Member] | OAEM [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Other [Member] | Substandard [Member]
Receivables [Abstract]
Gross loan receivables		0	0
Other [Member] | Doubtful [Member]
Receivables [Abstract]
Gross loan receivables		$ 0	$ 0
[1]	The consumer segment includes consumer automobile loans.

Loans and the Allowance for L_6

Loans and the Allowance for Loan Losses, Past Due (Details) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2020USD ($)Loan	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Loans, Aging [Abstract]
Purchased Credit-impaired		$ 86		$ 85
Nonaccrual		5,471		6,037
Total Current Loans	[1]	746,314		735,630
Total Loans		760,219		747,865
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		$ 5,471		6,037
Number of loans acquired on nonaccrual status | Loan		0
Interest income that would have been recorded under original loan terms [Abstract]
Interest income that would have been recorded under original loan terms		$ 78	$ 64
Actual interest income recorded for the period		0	0
Reduction in interest income on non accrual loans		78	$ 64
30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		5,934		3,504
60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		1,159		1,518
90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				1,091
90 Days or More Past Due, still accruing		1,255
Commercial and Industrial Loans [Member]
Loans, Aging [Abstract]
Nonaccrual		253		257
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		253		257
Guaranteed Student Loans [Member]
Loans, Aging [Abstract]
Past Due		$ 1,800		$ 1,800
Guaranteed Student Loans [Member] | Minimum [Member]
Loans, Aging [Abstract]
Percentage of student loans guaranteed by federal government		97.00%		97.00%
Guaranteed Student Loans [Member] | Maximum [Member]
Loans, Aging [Abstract]
Percentage of student loans guaranteed by federal government		100.00%		100.00%
Guaranteed Student Loans [Member] | 90 or More Days Past Due [Member] | Minimum [Member]
Loans, Aging [Abstract]
Percentage of student loans guaranteed by federal government		97.00%
Guaranteed Student Loans [Member] | 90 or More Days Past Due [Member] | Maximum [Member]
Loans, Aging [Abstract]
Percentage of student loans guaranteed by federal government		98.00%
Mortgage Loans on Real Estate [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		$ 86		$ 85
Nonaccrual		5,218		5,780
Total Current Loans	[1]	533,551		521,661
Total Loans		541,389		528,910
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		5,218		5,780
Mortgage Loans on Real Estate [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		2,308		1,065
Mortgage Loans on Real Estate [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		173		319
Mortgage Loans on Real Estate [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		53
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		1,165		1,459
Total Current Loans	[1]	115,805		116,211
Total Loans		118,026		118,561
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		1,165		1,459
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		1,056		891
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		0		0
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		0
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		86		85
Nonaccrual		2,638		2,795
Total Current Loans	[1]	135,397		138,544
Total Loans		138,414		141,743
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		2,638		2,795
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		293		0
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		0		319
Mortgage Loans on Real Estate [Member] | Commercial - Owner Occupied [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		0
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		1,311		1,422
Total Current Loans	[1]	151,138		134,376
Total Loans		152,859		135,798
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		1,311		1,422
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		410		0
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		0		0
Mortgage Loans on Real Estate [Member] | Commercial - Non-Owner Occupied [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		0
Mortgage Loans on Real Estate [Member] | Multifamily [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		0		0
Total Current Loans	[1]	24,953		25,865
Total Loans		24,953		25,865
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		0		0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		0		0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		0		0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		0
Mortgage Loans on Real Estate [Member] | Construction [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		0		0
Total Current Loans	[1]	40,390		40,616
Total Loans		40,489		40,716
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		0		0
Mortgage Loans on Real Estate [Member] | Construction [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		99		100
Mortgage Loans on Real Estate [Member] | Construction [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		0		0
Mortgage Loans on Real Estate [Member] | Construction [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		0
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		104		104
Total Current Loans	[1]	13,314		13,788
Total Loans		13,898		13,941
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		104		104
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		394		49
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		73		0
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		13
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		0		0
Total Current Loans	[1]	52,554		52,261
Total Loans		52,750		52,286
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		0		0
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		56		25
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		100		0
Mortgage Loans on Real Estate [Member] | Equity Lines of Credit [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		40
Commercial [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		86		85
Total Loans		69,397		75,383
Commercial [Member] | Commercial and Industrial Loans [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		253		257
Total Current Loans	[1]	67,799		74,915
Total Loans		69,397		75,383
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		253		257
Commercial [Member] | Commercial and Industrial Loans [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		928		211
Commercial [Member] | Commercial and Industrial Loans [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		408		0
Commercial [Member] | Commercial and Industrial Loans [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				0
90 Days or More Past Due, still accruing		9
Consumer [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired	[2]	0		0
Total Loans	[2]	134,943		137,007
Consumer [Member] | Consumer Automobile Loans [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		0		0
Total Current Loans	[1]	90,571		95,677
Total Loans		92,241		97,294
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		0		0
Consumer [Member] | Consumer Automobile Loans [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		1,172		1,115
Consumer [Member] | Consumer Automobile Loans [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		233		299
Consumer [Member] | Consumer Automobile Loans [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				203
90 Days or More Past Due, still accruing		265
Consumer [Member] | Other Consumer Loans [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		0		0
Total Current Loans	[1]	40,060		36,902
Total Loans		42,702		39,713
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		0		0
Consumer [Member] | Other Consumer Loans [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		1,377		1,032
Consumer [Member] | Other Consumer Loans [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		342		891
Consumer [Member] | Other Consumer Loans [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				888
90 Days or More Past Due, still accruing		923
Other [Member]
Loans, Aging [Abstract]
Purchased Credit-impaired		0		0
Nonaccrual		0		0
Total Current Loans	[1]	14,333		6,475
Total Loans		14,490		6,565
Loans in nonaccrual status by class of loan [Abstract]
Loans in nonaccrual status		0		0
Other [Member] | 30 - 59 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		149		81
Other [Member] | 60 - 89 Days Past Due [Member]
Loans, Aging [Abstract]
Past Due		3		9
Other [Member] | 90 or More Days Past Due [Member]
Loans, Aging [Abstract]
Past Due				$ 0
90 Days or More Past Due, still accruing		$ 5
[1]	For purposes of this table, Total Current Loans includes loans that are 1 - 29 days past due.
[2]	The consumer segment includes consumer automobile loans.

Loans and the Allowance for L_7

Loans and the Allowance for Loan Losses, Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)Contract	Mar. 31, 2019USD ($)Contract	Dec. 31, 2019USD ($)
Receivables [Abstract]
Number of Modifications | Contract	0	0
Outstanding commitments on TDR's	$ 0	$ 0
Defaulting TDR's within twelve months of restructuring	0	$ 0
Residential 1-4 Family [Member]
Receivables [Abstract]
Loans in process for foreclosure	$ 0		$ 272

Loans and the Allowance for L_8

Loans and the Allowance for Loan Losses, Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Unpaid Principal Balance	$ 9,125	$ 11,595
Recorded Investment, Without Valuation Allowance	5,788	6,411
Recorded Investment, With Valuation Allowance	2,096	2,033
Associated Allowance	456	481
Average Recorded Investment	7,981	8,866
Interest Income Recognized	3	149
Mortgage Loans on Real Estate [Member]
Receivables [Abstract]
Unpaid Principal Balance	8,799	11,211
Recorded Investment, Without Valuation Allowance	5,506	6,057
Recorded Investment, With Valuation Allowance	2,096	2,033
Associated Allowance	456	481
Average Recorded Investment	7,694	8,572
Interest Income Recognized	3	144
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Receivables [Abstract]
Unpaid Principal Balance	1,482	1,542
Recorded Investment, Without Valuation Allowance	1,223	1,519
Recorded Investment, With Valuation Allowance	88	89
Associated Allowance	39	39
Average Recorded Investment	1,325	1,416
Interest Income Recognized	0	11
Mortgage Loans on Real Estate [Member] | Commercial [Member]
Receivables [Abstract]
Unpaid Principal Balance	6,984	9,333
Recorded Investment, Without Valuation Allowance	4,283	4,538
Recorded Investment, With Valuation Allowance	1,679	1,611
Associated Allowance	301	317
Average Recorded Investment	6,038	6,822
Interest Income Recognized	0	123
Mortgage Loans on Real Estate [Member] | Construction [Member]
Receivables [Abstract]
Unpaid Principal Balance	88	89
Recorded Investment, Without Valuation Allowance	0	0
Recorded Investment, With Valuation Allowance	86	88
Associated Allowance	12	14
Average Recorded Investment	87	88
Interest Income Recognized	1	4
Mortgage Loans on Real Estate [Member] | Second Mortgages [Member]
Receivables [Abstract]
Unpaid Principal Balance	245	247
Recorded Investment, Without Valuation Allowance	0	0
Recorded Investment, With Valuation Allowance	243	245
Associated Allowance	104	111
Average Recorded Investment	244	246
Interest Income Recognized	2	6
Commercial [Member] | Commercial and Industrial Loans [Member]
Receivables [Abstract]
Unpaid Principal Balance	306	362
Recorded Investment, Without Valuation Allowance	263	354
Recorded Investment, With Valuation Allowance	0	0
Associated Allowance	0	0
Average Recorded Investment	267	273
Interest Income Recognized	0	4
Consumer [Member] | Other Consumer Loans [Member]
Receivables [Abstract]
Unpaid Principal Balance	20	22
Recorded Investment, Without Valuation Allowance	19	0
Recorded Investment, With Valuation Allowance	0	0
Associated Allowance	0	0
Average Recorded Investment	20	21
Interest Income Recognized	$ 0	$ 1

Loans and the Allowance for L_9

Loans and the Allowance for Loan Losses, Activity In Period (Details) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2020USD ($)Period	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)Period	Mar. 31, 2020USD ($)qtr	Dec. 31, 2019USD ($)
Changes in Accounting Methodology [Abstract]
Number of migration periods | Period		8		8
Number of quarters remains on each migration period | qtr					12
Allowance for loan losses by segment [Roll Forward]
Beginning Balance		$ 9,660	$ 10,111	$ 10,111
Charges-offs		(440)		(1,398)
Recoveries		149		629
Provision for loan losses		300	226	318
Ending Balance		9,669		9,660
Individually evaluated for impairment					$ 456	$ 481
Collectively evaluated for impairment					9,213	9,179
Purchased credit-impaired loans					0	0
Ending Balance		9,669	10,111	10,111	9,669	9,660
Loan Balances [Abstract]
Individually evaluated for impairment					7,884	8,444
Collectively evaluated for impairment					752,249	739,336
Purchased credit-impaired loans					86	85
Ending Balance					760,219	747,865
Commercial and Industrial [Member]
Allowance for loan losses by segment [Roll Forward]
Beginning Balance		1,244	2,340	2,340
Charges-offs		0		0
Recoveries		2		10
Provision for loan losses		(244)		(1,106)
Ending Balance		1,002		1,244
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					1,002	1,244
Purchased credit-impaired loans					0	0
Ending Balance		1,002	2,340	2,340	1,002	1,244
Loan Balances [Abstract]
Individually evaluated for impairment					263	354
Collectively evaluated for impairment					69,048	74,944
Purchased credit-impaired loans					86	85
Ending Balance					69,397	75,383
Real Estate [Member]
Loan Balances [Abstract]
Purchased credit-impaired loans					86	85
Ending Balance					541,389	528,910
Real Estate [Member] | Construction [Member]
Allowance for loan losses by segment [Roll Forward]
Beginning Balance		258	156	156
Charges-offs		0		0
Recoveries		0		0
Provision for loan losses		27		102
Ending Balance		285		258
Individually evaluated for impairment					12	14
Collectively evaluated for impairment					273	244
Purchased credit-impaired loans					0	0
Ending Balance		285	156	156	285	258
Loan Balances [Abstract]
Individually evaluated for impairment					86	88
Collectively evaluated for impairment					40,403	40,628
Purchased credit-impaired loans					0	0
Ending Balance					40,489	40,716
Real Estate [Member] | Mortgage [Member]
Allowance for loan losses by segment [Roll Forward]
Beginning Balance	[1]	6,168	5,956	5,956
Charges-offs	[1]	(46)		(197)
Recoveries	[1]	9		200
Provision for loan losses	[1]	109		209
Ending Balance	[1]	6,240		6,168
Individually evaluated for impairment	[1]				444	467
Collectively evaluated for impairment	[1]				5,796	5,701
Purchased credit-impaired loans	[1]				0	0
Ending Balance	[1]	6,240	5,956	6,168	6,240	6,168
Loan Balances [Abstract]
Individually evaluated for impairment	[1]				7,516	8,002
Collectively evaluated for impairment	[1]				493,384	480,192
Purchased credit-impaired loans	[1]				0	0
Ending Balance	[1]				500,900	488,194
Consumer [Member]
Allowance for loan losses by segment [Roll Forward]
Beginning Balance	[2]	1,694	1,354	1,354
Charges-offs	[2]	(270)		(776)
Recoveries	[2]	125		351
Provision for loan losses	[2]	124		765
Ending Balance	[2]	1,673		1,694
Individually evaluated for impairment	[2]				0	0
Collectively evaluated for impairment	[2]				1,673	1,694
Purchased credit-impaired loans	[2]				0	0
Ending Balance	[2]	1,673	1,354	1,354	1,673	1,694
Loan Balances [Abstract]
Individually evaluated for impairment	[2]				19	0
Collectively evaluated for impairment	[2]				134,924	137,007
Purchased credit-impaired loans	[2]				0	0
Ending Balance	[2]				134,943	137,007
Other [Member]
Allowance for loan losses by segment [Roll Forward]
Beginning Balance		296	305	305
Charges-offs		(124)		(425)
Recoveries		13		68
Provision for loan losses		236		348
Ending Balance		421		296
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					421	296
Purchased credit-impaired loans					0	0
Ending Balance		421	305	305	421	296
Loan Balances [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					14,490	6,565
Purchased credit-impaired loans					0	0
Ending Balance					14,490	6,565
Unallocated [Member]
Allowance for loan losses by segment [Roll Forward]
Beginning Balance		0	0	0
Charges-offs		0		0
Recoveries		0		0
Provision for loan losses		48		0
Ending Balance		48		0
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					48	0
Purchased credit-impaired loans					0	0
Ending Balance		$ 48	$ 0	$ 0	48	0
Loan Balances [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					0	0
Purchased credit-impaired loans					0	0
Ending Balance					$ 0	$ 0
[1]	The real estate-mortgage segment includes residential 1 - 4 family, commercial real estate, second mortgages and equity lines of credit.
[2]	The consumer segment includes consumer automobile loans.

Leases, Adoption ASU No. 2016-0

Leases, Adoption ASU No. 2016-02 (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets and Liabilities, Lessee [Abstract]
Right-of-use asset	$ 1,016
Operating Lease, Liability	$ 1,023
ASU 2016-02 [Member]
Assets and Liabilities, Lessee [Abstract]
Right-of-use asset		$ 751
Operating Lease, Liability		$ 751

Leases, Long-term Lease Agreeme

Leases, Long-term Lease Agreements Calssified as Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Information about Leases [Abstract]
Lease liabilities	$ 1,023
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities
Right of use assets	$ 1,016
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets
Weighted average remaining lease term	4 years 8 months 12 days
Weighted average discount rate	2.60%
Lease Cost [Abstract]
Operating lease cost	$ 88	$ 85
Total lease cost	88	85
Cash paid for amounts included in the measurement of lease liabilities	84	$ 84
Lease payments due [Abstract]
Nine months ending December 31, 2020	268
Twelve months ending December 31, 2021	220
Twelve months ending December 31, 2022	202
Twelve months ending December 31, 2023	117
Thereafter	328
Total undiscounted cash flows	1,135
Discount	(112)
Lease liabilities	$ 1,023

Low-Income Housing Tax Credit_2

Low-Income Housing Tax Credits (Details) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2020USD ($)Fund	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)Fund
Low-Income Housing Tax Credits [Abstract]
Number of housing equity funds | Fund		4		4
Low-income housing investment		$ 2,900		$ 3,000
Expected affordable housing tax credits				413
Additional committed capital calls expected		32		$ 50
Tax credits and other benefits [Abstract]
Amortization of operating losses		45	$ 80
Tax benefit of operating losses	[1]	9	17
Tax credits		103	124
Total tax benefits		$ 112	$ 141
Effective income tax rate		21.00%
[1]	Computed using a 21% tax rate.

Borrowings (Details)

Borrowings (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Borrowings and FHLB Advances [Abstract]
Available federal funds lines	$ 55,000	$ 55,000
Available credit with FHLB	272,400	276,300
Short-Term Borrowings [Abstract]
Overnight repurchase agreements	4,817	11,452
Federal Home Loan Bank advances	0	0
Total short-term borrowings	4,817	11,452
Maximum month-end outstanding balance	7,090	38,138
Average outstanding balance during the period	$ 6,427	$ 27,382
Average interest rate (year-to-date)	0.00%	0.71%
Average interest rate at end of period	0.09%	0.10%
FHLB advances outstanding	$ 42,000	$ 37,000
Minimum [Member]
Borrowings and FHLB Advances [Abstract]
Overnight repurchase agreements maturity period	1 day
Short-Term Borrowings [Abstract]
FHLB interest rate	0.88%
Maximum [Member]
Borrowings and FHLB Advances [Abstract]
Overnight repurchase agreements maturity period	4 days
Short-Term Borrowings [Abstract]
FHLB interest rate	2.89%
Advance One [Member]
Short-Term Borrowings [Abstract]
FHLB advance maturity date	Aug. 29, 2020
Advance Two [Member]
Short-Term Borrowings [Abstract]
FHLB advance maturity date	Mar. 5, 2025
Citizens Acquisition [Member]
Short-Term Borrowings [Abstract]
Loan maturity date	Apr. 1, 2023
Loans outstanding	$ 1,800	$ 2,000
Interest rate	4.02%

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Off-balance Sheet Risks [Abstract]
Commitments to extend credit	$ 128,958	$ 140,225
Home Equity Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks [Abstract]
Commitments to extend credit	62,904	62,267
Commercial Real Estate, Construction and Development Loans Committed but not Funded [Member]
Fair Value, Off-balance Sheet Risks [Abstract]
Commitments to extend credit	17,619	15,637
Other Lines of Credit (Principally Commercial) [Member]
Fair Value, Off-balance Sheet Risks [Abstract]
Commitments to extend credit	48,435	62,321
Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks [Abstract]
Commitments to extend credit	$ 8,451	$ 7,724

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Weighted Average Grant Date Fair Value [Abstract]
Stock-based compensation expense	$ 86	$ 50
Restricted Stock [Member]
Shares [Roll Forward]
Nonvested balance at beginning of period (in shares)	19,933
Issued (in shares)	0
Vested (in shares)	(7,258)
Forfeited (in shares)	(290)
Nonvested balance at end of period (in shares)	12,385		19,933
Weighted Average Grant Date Fair Value [Abstract]
Non-vested balance at beginning of period (in dollars per share)	$ 22.70
Issued (in dollars per share)	0
Vested (in dollars per share)	22.17
Forfeited (in dollars per share)	21.68
Non-vested balance at end of period (in dollars per share)	$ 23.03		$ 22.70
Weighted-average remaining vesting period for recognition	1 year 4 months 2 days
Fair value of restricted stock granted		$ 361
Unrecognized stock-based compensation expense	$ (134)
2016 Stock Incentive Plan [Member]
Stock option plan activity [Abstract]
Shares available for grant (in shares)	300,000
ESPP [Member]
Weighted Average Grant Date Fair Value [Abstract]
Discount from market price at date of purchase	5.00%		5.00%
Total stock purchases under the plan (in shares)	858
Shares reserved for issuance (in shares)	237,412
ESPP [Member] | Minimum [Member]
Weighted Average Grant Date Fair Value [Abstract]
Discount from market price at date of purchase	0.00%
ESPP [Member] | Maximum [Member]
Weighted Average Grant Date Fair Value [Abstract]
Discount from market price at date of purchase	15.00%

Stockholders' Equity and Earn_3

Stockholders' Equity and Earnings per Share, Amounts Reclassified Out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Available-for-sale securities [Abstract]
Realized gains on sales of securities	$ 0	$ 26
Tax effect	0	5
Total	$ 0	$ 21

Stockholders' Equity and Earn_4

Stockholders' Equity and Earnings per Share, Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Stockholders Equity Note [Abstract]
Beginning Balance	$ 109,756	$ 102,006
Ending Balance	110,044	105,019
Other comprehensive income, pretax [Abstract]
Unrealized holding gains (losses) arising during the period, pretax	(563)	1,976
Reclassification adjustment for gains recognized in income, pretax	0	(26)
Total change in accumulated other comprehensive income (loss), net, pretax	(563)	1,950
Other Comprehensive Income, Tax Effect [Abstract]
Unrealized holding gains (losses) arising during the period, tax effect	(118)	415
Reclassification adjustment for gains recognized in income, tax effect	0	(5)
Total change in accumulated other comprehensive income (loss), net, tax effect	(118)	410
Other Comprehensive Income, Net of Tax [Abstract]
Unrealized holding gains (losses) arising during the period, net of tax	(445)	1,561
Reclassification adjustment for gains recognized in income, net of tax	0	(21)
Other comprehensive income (loss), net of tax	(445)	1,540
Unrealized Gains (Losses) on Available-for-Sale Securities [Member]
Stockholders Equity Note [Abstract]
Beginning Balance	(79)	(2,156)
Net other comprehensive income (loss)	(445)	1,540
Ending Balance	(524)	(616)
Accumulated Other Comprehensive Loss [Member]
Stockholders Equity Note [Abstract]
Beginning Balance	(79)	(2,156)
Net other comprehensive income (loss)	(445)	1,540
Ending Balance	(524)	(616)
Other Comprehensive Income, Net of Tax [Abstract]
Other comprehensive income (loss), net of tax	$ (445)	$ 1,540

Stockholders' Equity and Earn_5

Stockholders' Equity and Earnings per Share, OCI by Component, Anti-Dilutive Securities (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Computation of earnings per share [Abstract]
Net Income (loss) Available to Common Stockholders, Basic	$ 1,250	$ 2,027
Net Income Available to Common Stockholders, Diluted	$ 1,250	$ 2,027
Weighted Average Common Shares, Basic (in shares)	5,200,250	5,184,586
Potentially dilutive common shares - employee stock purchase program (in shares)	1,000	0
Weighted Average Common Shares, Diluted (in shares)	5,200,989	5,184,599
Earnings Per Share, Basic (in dollars per share)	$ 0.24	$ 0.39
Earnings Per Share, Diluted (in dollars per share)	$ 0.24	$ 0.39
Stock Options [Member]
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	0

Fair Value Measurements, Recurr

Fair Value Measurements, Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	$ 152,608	$ 145,715
Loans, net of allowances for loan losses	750,550	738,205
Loans held for sale	2,309	590
U.S. Treasury Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	7,125	7,003
Obligations of U.S. Government Agencies [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	33,700	33,604
Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	28,236	24,742
Mortgage-Backed Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	74,889	71,908
Money Market Investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	3,948	3,825
Recurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	152,608	145,715
Recurring [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	7,125	7,003
Recurring [Member] | Obligations of U.S. Government Agencies [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	33,700	33,604
Recurring [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	28,236	24,742
Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	74,889	71,908
Recurring [Member] | Money Market Investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	3,948	3,825
Recurring [Member] | Corporate Bonds and Other Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	4,710	4,633
Nonrecurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	1,404	1,442
Loans held for sale	2,309	590
Other real estate owned	236
Nonrecurring [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Other real estate owned	236
Nonrecurring [Member] | Mortgage Loans on Real Estate [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	1,404	1,442
Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	83	74
Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Commercial [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	1,247	1,294
Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Construction [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	74	74
Nonrecurring [Member] | Commercial Loans [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Loans held for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member] | Obligations of U.S. Government Agencies [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member] | Money Market Investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring [Member] | Corporate Bonds and Other Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Loans held for sale	0	0
Other real estate owned	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Other real estate owned	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Commercial [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Construction [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonrecurring [Member] | Commercial Loans [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Loans held for sale	2,309	590
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	152,608	145,715
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	7,125	7,003
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member] | Obligations of U.S. Government Agencies [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	33,700	33,604
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	28,236	24,742
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	74,889	71,908
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member] | Money Market Investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	3,948	3,825
Significant Other Observable Inputs (Level 2) [Member] | Recurring [Member] | Corporate Bonds and Other Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	4,710	4,633
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Loans held for sale	2,309	590
Other real estate owned	0
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Other real estate owned	0
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Commercial [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Construction [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Significant Other Observable Inputs (Level 2) [Member] | Nonrecurring [Member] | Commercial Loans [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	0	0
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	739,303	734,932
Loans held for sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member] | U.S. Treasury Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member] | Obligations of U.S. Government Agencies [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member] | Money Market Investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member] | Corporate Bonds and Other Securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Debt securities, available-for-sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	1,404	1,442
Loans held for sale	0	0
Other real estate owned	236
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Other real estate owned	236
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	1,404	1,442
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	83	74
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Commercial [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	1,247	1,294
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member] | Mortgage Loans on Real Estate [Member] | Construction [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	74	74
Significant Unobservable Inputs (Level 3) [Member] | Nonrecurring [Member] | Commercial Loans [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Alternative [Abstract]
Loans, net of allowances for loan losses	$ 0	$ 0

Fair Value Measurements, Quanti

Fair Value Measurements, Quantitative Information (Details) - Market Comparables [Member] $ in Thousands	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member]
Investments, Fair Value Disclosure [Abstract]
Fair Value	$ 83	$ 74
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | Selling Costs [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0725	0.0725
Mortgage Loans on Real Estate [Member] | Residential 1-4 Family [Member] | Liquidation Discount [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0400	0.0400
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member]
Investments, Fair Value Disclosure [Abstract]
Fair Value	$ 1,247	$ 1,294
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member] | Selling Costs [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0600	0.0600
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member] | Liquidation Discount [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.3500	0.3500
Mortgage Loans on Real Estate [Member] | Construction [Member]
Investments, Fair Value Disclosure [Abstract]
Fair Value	$ 74	$ 74
Mortgage Loans on Real Estate [Member] | Construction [Member] | Selling Costs [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0725	0.0725
Mortgage Loans on Real Estate [Member] | Construction [Member] | Liquidation Discount [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0400	0.0400
Other Real Estate [Member] | Residential 1-4 Family [Member]
Investments, Fair Value Disclosure [Abstract]
Fair Value	$ 236
Other Real Estate [Member] | Residential 1-4 Family [Member] | Selling Costs [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0725
Other Real Estate [Member] | Residential 1-4 Family [Member] | Liquidation Discount [Member] | Weighted Average [Member]
Investments, Fair Value Disclosure [Abstract]
Fair value measurement	0.0400

Fair Value Measurements, Estima

Fair Value Measurements, Estimated Fair Values and Related Carrying or Notional Amounts (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets [Abstract]
Cash and cash equivalents	$ 78,130	$ 89,865
Securities available-for-sale	152,608	145,715
Restricted securities	3,152	2,926
Loans held for sale	2,309	590
Loans, net of allowances for loan losses	750,550	738,205
Bank owned life insurance	27,777	27,547
Accrued interest receivable	2,756	2,762
Liabilities [Abstract]
Deposits	902,536	889,496
Overnight repurchase agreements	4,817	11,452
Federal Home Loan Bank advances	42,000	37,000
Other borrowings	1,800	1,950
Accrued interest payable	549	620
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Cash and cash equivalents	78,130	89,865
Securities available-for-sale	0	0
Restricted securities	0	0
Loans held for sale	0	0
Loans, net of allowances for loan losses	0	0
Bank owned life insurance	0	0
Accrued interest receivable	0	0
Liabilities [Abstract]
Deposits	0	0
Overnight repurchase agreements	0	0
Federal Home Loan Bank advances	0	0
Other borrowings	0	0
Accrued interest payable	0	0
Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Cash and cash equivalents	0	0
Securities available-for-sale	152,608	145,715
Restricted securities	3,152	2,926
Loans held for sale	2,309	590
Loans, net of allowances for loan losses	0	0
Bank owned life insurance	27,777	27,547
Accrued interest receivable	2,756	2,762
Liabilities [Abstract]
Deposits	905,120	893,584
Overnight repurchase agreements	4,817	11,452
Federal Home Loan Bank advances	41,353	36,747
Other borrowings	1,800	1,950
Accrued interest payable	549	620
Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Cash and cash equivalents	0	0
Securities available-for-sale	0	0
Restricted securities	0	0
Loans held for sale	0	0
Loans, net of allowances for loan losses	739,303	734,932
Bank owned life insurance	0	0
Accrued interest receivable	0	0
Liabilities [Abstract]
Deposits	0	0
Overnight repurchase agreements	0	0
Federal Home Loan Bank advances	0	0
Other borrowings	0	0
Accrued interest payable	$ 0	$ 0

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020USD ($)Segment	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Segment Reporting [Abstract]
Number of principal business segments | Segment	3
Revenues [Abstract]
Interest and dividend income	$ 9,986	$ 9,876
Total operating income	13,264	13,292
Expenses [Abstract]
Interest expense	1,568	1,517
Provision for loan losses	300	226	$ 318
Salaries and employee benefits	5,994	5,699
Other expenses	4,036	3,592
Total operating expenses	11,898	11,034
Income before income taxes	1,366	2,258
Income tax expense (benefit)	116	231
Net income	1,250	2,027
Capital expenditures	368	498
Total assets	1,065,277	1,026,880	$ 1,054,488
Income from Fiduciary Activities [Member]
Revenues [Abstract]
Noninterest revenue	1,017	959
Other Income [Member]
Revenues [Abstract]
Noninterest revenue	2,261	2,457
Operating Segments [Member] | Bank [Member]
Revenues [Abstract]
Interest and dividend income	9,963	9,847
Total operating income	11,953	12,035
Expenses [Abstract]
Interest expense	1,548	1,486
Provision for loan losses	300	226
Salaries and employee benefits	4,988	4,818
Other expenses	3,682	3,348
Total operating expenses	10,518	9,878
Income before income taxes	1,435	2,157
Income tax expense (benefit)	129	209
Net income	1,306	1,948
Capital expenditures	368	498
Total assets	1,058,955	1,021,007
Operating Segments [Member] | Bank [Member] | Income from Fiduciary Activities [Member]
Revenues [Abstract]
Noninterest revenue	0	0
Operating Segments [Member] | Bank [Member] | Other Income [Member]
Revenues [Abstract]
Noninterest revenue	1,990	2,188
Operating Segments [Member] | Trust [Member]
Revenues [Abstract]
Interest and dividend income	23	29
Total operating income	1,326	1,272
Expenses [Abstract]
Interest expense	0	0
Provision for loan losses	0	0
Salaries and employee benefits	814	767
Other expenses	342	249
Total operating expenses	1,156	1,016
Income before income taxes	170	256
Income tax expense (benefit)	37	55
Net income	133	201
Capital expenditures	0	0
Total assets	6,774	6,310
Operating Segments [Member] | Trust [Member] | Income from Fiduciary Activities [Member]
Revenues [Abstract]
Noninterest revenue	1,017	959
Operating Segments [Member] | Trust [Member] | Other Income [Member]
Revenues [Abstract]
Noninterest revenue	286	284
Operating Segments [Member] | Parent [Member]
Revenues [Abstract]
Interest and dividend income	1,439	725
Total operating income	1,489	775
Expenses [Abstract]
Interest expense	20	31
Provision for loan losses	0	0
Salaries and employee benefits	192	114
Other expenses	77	60
Total operating expenses	289	205
Income before income taxes	1,200	570
Income tax expense (benefit)	(50)	(33)
Net income	1,250	603
Capital expenditures	0	0
Total assets	111,861	107,427
Operating Segments [Member] | Parent [Member] | Income from Fiduciary Activities [Member]
Revenues [Abstract]
Noninterest revenue	0	0
Operating Segments [Member] | Parent [Member] | Other Income [Member]
Revenues [Abstract]
Noninterest revenue	50	50
Eliminations [Member]
Revenues [Abstract]
Interest and dividend income	(1,439)	(725)
Total operating income	(1,504)	(790)
Expenses [Abstract]
Interest expense	0	0
Provision for loan losses	0	0
Salaries and employee benefits	0	0
Other expenses	(65)	(65)
Total operating expenses	(65)	(65)
Income before income taxes	(1,439)	(725)
Income tax expense (benefit)	0	0
Net income	(1,439)	(725)
Capital expenditures	0	0
Total assets	(112,313)	(107,864)
Eliminations [Member] | Income from Fiduciary Activities [Member]
Revenues [Abstract]
Noninterest revenue	0	0
Eliminations [Member] | Other Income [Member]
Revenues [Abstract]
Noninterest revenue	$ (65)	$ (65)