Farmers & Merchants Bancorp (FMAO) 10-K 24 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 24, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	FMAO
Entity Registrant Name	FARMERS & MERCHANTS BANCORP INC
Entity Central Index Key	792,966
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		4,612,534
Entity Public Float			$ 125,349,922

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 21,333	$ 22,246
Federal Funds Sold	685	2,049
Total cash and cash equivalents	22,018	24,295
Securities - available for sale	235,115	248,492
Other securities, at cost	3,717	3,717
Loans, net	679,821	616,021
Premises and equipment	20,587	20,300
Goodwill	4,074	4,074
Mortgage servicing rights	2,056	2,023
Other real estate owned	1,175	1,094
Other assets	20,505	21,197
Total Assets	989,068	941,213
Deposits
Noninterest-bearing	171,112	164,009
Interest-bearing
NOW accounts	190,890	179,862
Savings	225,052	223,189
Time	184,285	195,500
Total deposits	771,339	762,560
Federal Funds purchased and Securities sold under agreement to repurchase	78,815	55,962
Federal Home Loan Bank (FHLB) advances	10,000	0
Dividend payable	1,007	965
Accrued expenses and other liabilities	7,810	7,233
Total liabilities	$ 868,971	$ 826,720
Commitments and Contingencies
Stockholders' Equity
Common stock - No par value -6,500,000 shares authorized; 5,200,000 shares issued & outstanding	$ 12,086	$ 12,222
Treasury stock - 587,466 shares 2015, 572,662 shares 2014	(12,389)	(11,928)
Retained earnings	120,188	113,755
Accumulated other comprehensive income	212	444
Total stockholders' equity	120,097	114,493
Total Liabilities and Stockholders' Equity	$ 989,068	$ 941,213

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, no par value
Common stock, shares authorized	6,500,000	6,500,000
Common stock, shares issued	5,200,000	5,200,000
Common stock, shares outstanding	5,200,000	5,200,000
Treasury stock, shares	587,466	572,662

Consolidated Statements of Inco

Consolidated Statements of Income & Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest Income
Loans, including fees	$ 29,293	$ 28,070	$ 24,978
Debt securities:
U.S. Treasury and government agencies	2,434	3,171	4,151
Municipalities	1,739	2,037	2,080
Dividends	148	156	185
Federal funds sold	8	7	11
Other	28	12	23
Total interest income	33,650	33,453	31,428
Interest Expense
Deposits	3,269	3,458	4,193
Federal funds purchased and securities sold under agreements to repurchase	317	254	248
Borrowed funds	1	4	163
Total interest expense	3,587	3,716	4,604
Net Interest Income - Before provision for loan losses	30,063	29,737	26,824
Provision for Loan Losses	625	1,191	858
Net Interest Income After Provision For Loan Losses	29,438	28,546	25,966
Noninterest Income
Customer service fees	5,847	5,224	5,194
Other service charges and fees	3,790	3,819	3,746
Net gain on sale of loans	700	647	1,123
Net gain on sale of available for sale securities	451	494	775
Total noninterest income	10,788	10,184	10,838
Noninterest Expense
Salaries and wages	10,907	10,186	9,553
Employee benefits	3,555	3,324	3,219
Net occupancy expense	1,352	1,107	1,251
Furniture and equipment	1,629	1,541	1,349
Data processing	1,300	1,250	1,212
Franchise taxes	746	781	953
Net loss on sale of other assets owned	47	157	144
FDIC assessment	485	503	535
Mortgage servicing rights amortization	374	344	426
Other general and administrative	5,672	6,020	5,559
Total other operating expenses	26,067	25,213	24,201
Income Before Income Taxes	14,159	13,517	12,603
Income Taxes	3,819	3,871	3,596
Net Income	10,340	9,646	9,007
Other Comprehensive Income (Loss) (Net of Tax):
Net unrealized gain (loss) on available for sale securities	100	1,158	(8,448)
Reclassification adjustment for gain on sale of available for sale securities	(451)	(494)	(775)
Net unrealized gain (loss) on available for sale securities	(351)	664	(9,223)
Tax expense (benefit)	(119)	226	(3,136)
Other comprehensive income (loss)	(232)	438	(6,087)
Comprehensive Income	$ 10,108	$ 10,084	$ 2,920
Earnings Per Share - Basic and Diluted	$ 2.24	$ 2.08	$ 1.93

Consolidated Statements of Chan

Consolidated Statements of Changes to Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]
Beginning balance at Dec. 31, 2012	$ 110,489	$ 12,343	$ (10,588)	$ 102,641	$ 6,093
Beginning balance, shares at Dec. 31, 2012		4,684,058
Net income	9,007			9,007
Other comprehensive income (loss)	(6,087)				(6,087)
Purchase of Treasury Stock	(1,236)		(1,236)
Purchase of Treasury Stock, shares		(56,000)
Issuance of 11,000, 13,250 and 16000 shares of restricted stock (Net of Forfeitures - 620, 780 and 100) for the period ended 2013, 2014 and 2015 respectively, and Distribution tax - 19 for the year ended 2015, Amount	(54)	$ (284)	213	17
Issuance of 11,000, 13,250 and 16000 shares of restricted stock (Net of Forfeitures - 620, 780 and 100) for the period ended 2013, 2014 and 2015 respectively, and Distribution tax - 19 for the year ended 2015, Shares		10,380
Stock-based compensation expense	253	$ 253
Cash dividends declared - 0.81, 0.84 and 0.87 per share for the period ended 2013, 2014 and 2015 respectively	(3,755)			(3,755)
Ending balance at Dec. 31, 2013	108,617	$ 12,312	(11,611)	107,910	6
Ending balance, shares at Dec. 31, 2013		4,638,438
Net income	9,646			9,646
Other comprehensive income (loss)	438				438
Purchase of Treasury Stock	(576)		(576)
Purchase of Treasury Stock, shares		(23,570)
Issuance of 11,000, 13,250 and 16000 shares of restricted stock (Net of Forfeitures - 620, 780 and 100) for the period ended 2013, 2014 and 2015 respectively, and Distribution tax - 19 for the year ended 2015, Amount	(2)	$ (322)	259	61
Issuance of 11,000, 13,250 and 16000 shares of restricted stock (Net of Forfeitures - 620, 780 and 100) for the period ended 2013, 2014 and 2015 respectively, and Distribution tax - 19 for the year ended 2015, Shares		12,470
Stock-based compensation expense	232	$ 232
Cash dividends declared - 0.81, 0.84 and 0.87 per share for the period ended 2013, 2014 and 2015 respectively	(3,862)			(3,862)
Ending balance at Dec. 31, 2014	114,493	$ 12,222	(11,928)	113,755	444
Ending balance, shares at Dec. 31, 2014		4,627,338
Net income	10,340			10,340
Other comprehensive income (loss)	(232)				(232)
Purchase of Treasury Stock	(803)		(803)
Purchase of Treasury Stock, shares		(30,685)
Issuance of 11,000, 13,250 and 16000 shares of restricted stock (Net of Forfeitures - 620, 780 and 100) for the period ended 2013, 2014 and 2015 respectively, and Distribution tax - 19 for the year ended 2015, Amount	(30)	$ (450)	342	78
Issuance of 11,000, 13,250 and 16000 shares of restricted stock (Net of Forfeitures - 620, 780 and 100) for the period ended 2013, 2014 and 2015 respectively, and Distribution tax - 19 for the year ended 2015, Shares		15,881
Stock-based compensation expense	314	$ 314
Cash dividends declared - 0.81, 0.84 and 0.87 per share for the period ended 2013, 2014 and 2015 respectively	(3,985)			(3,985)
Ending balance at Dec. 31, 2015	$ 120,097	$ 12,086	$ (12,389)	$ 120,188	$ 212
Ending balance, shares at Dec. 31, 2015		4,612,534

Consolidated Statements of Cha6

Consolidated Statements of Changes to Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Issuance of shares of restricted stock, Shares	16,000	13,250	11,000
Cash dividends declared, per share	$ 0.87	$ 0.84	$ 0.81
Common Stock [Member]
Issuance of shares of restricted stock, Shares	16,000	13,250	11,000
Issuance of shares of restricted stock, forfeitures	100	780	620
Issuance of shares of restricted stock, Repurchases	19

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows from Operating Activities
Net income	$ 10,340	$ 9,646	$ 9,007
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	1,365	1,293	1,184
Amortization of available for sale securities, net	1,239	1,430	2,149
Amortization of servicing rights	374	344	426
Amortization of core deposit intangible	323	480	319
Compensation expense related to stock awards	314	232	253
Provision for loan loss	625	1,191	858
Gain on sale of loans held for sale	(700)	(647)	(1,123)
Originations of loans held for sale	(52,706)	(37,432)	(62,360)
Proceeds from sale of loans held for sale	52,764	41,992	65,391
Loss on sale of other assets	47	157	144
Gain on sales of available for sale securities	(451)	(494)	(775)
Change in other assets and other liabilities, net	1,275	971	1,520
Net cash provided by operating activities	14,809	19,163	16,993
Activity in securities:
Maturities, prepayments and calls	26,059	17,817	33,228
Sales	47,029	57,928	91,039
Purchases	(60,925)		(103,320)
Proceeds from redemption of FHLB stock		499
Proceeds from sales of assets	64	24	1,138
Additions to premises and equipment	(1,716)	(2,908)	(2,063)
Loan originations and principal collections, net	(64,483)	(50,853)	(67,194)
Net cash received for acquisition			15,215
Net cash provided by (used in) investing activities	(53,972)	22,507	(31,957)
Cash Flows from Financing Activities
Net change in deposits	8,779	(13,904)	(16,254)
Net change in federal funds purchased and securities sold under agreements to repurchase	22,853	(13,794)	18,444
Proceeds of FHLB advances	10,000
Repayment of FHLB advances		(4,500)	(7,100)
Purchase of Treasury Stock	(803)	(576)	(1,236)
Cash dividends paid on common stock	(3,943)	(3,864)	(3,719)
Net cash provided by (used in) financing activities	36,886	(36,638)	(9,865)
Net Increase (Decrease) in Cash and Cash Equivalents	(2,277)	5,032	(24,829)
Cash and Cash Equivalents - Beginning of Year	24,295	19,263	44,092
Cash and Cash Equivalents - End of Year	22,018	24,295	19,263
Cash paid during the year for:
Interest	3,610	3,732	4,679
Income taxes	3,079	4,285	3,240
Noncash investing activities:
Transfer of loans to other real estate owned	$ 231	$ 139	$ 1,053

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 – Summary of Significant Accounting Policies Nature of Operations The Farmers & Merchants Bancorp, Inc. (the Company) through its bank subsidiary, The Farmers & Merchants State Bank (the Bank) provides a variety of financial services to individuals and small businesses through its offices in Northwest Ohio and Northeast Indiana. Consolidation Policy The consolidated financial statements include the accounts of Farmers & Merchants Bancorp, Inc. and its wholly-owned subsidiaries, The Farmers & Merchants State Bank (the Bank), a commercial banking institution and Farmers & Merchants Risk Management, Inc. (the Captive), a Captive insurance company. All significant inter-company balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the valuation of mortgage servicing rights, goodwill, available for sale investment securities, other real estate owned and impaired loans. Actual results could differ from those estimates. The determination of the adequacy of the allowance for loan losses is based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions. In connection with the determination of the estimated losses on loans, management obtains independent appraisals for significant collateral. The Bank’s loans are generally secured by specific items of collateral including real property, consumer assets, and business assets. Although the Bank has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent on local economic conditions in the agricultural industry. While management uses available information to recognize losses on loans, further reductions in the carrying amounts of loans may be necessary based on changes in local economic conditions. In addition regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans. Such agencies may require the Bank to recognize additional losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Cash and Cash Equivalents For purposes of the consolidated statement of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents. This includes cash on hand, amounts due from banks, and federal funds sold. Generally, federal funds are purchased for one day periods. Restrictions on Cash and Amounts Due from Banks The Bank is required to maintain average balances on hand with the Federal Reserve Bank. The aggregate reserve was $6.5 million for December 31, 2015 and it was $7.1 million for December 31, 2014. The Company and its subsidiaries maintain cash balances with high quality credit institutions. At times such balances may be in excess of the federally insured limits. Securities Debt securities are classified as available-for-sale. Securities available-for-sale are carried at fair value with unrealized gains and losses reported in other comprehensive income (loss). Net realized gains and losses on securities available for sale are included in noninterest income (expense) and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income (loss). Gains and losses on sales of securities are determined on the specific-identification method. Declines in the fair value of securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, management considers (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The related write-downs are included in earnings as realized losses. Other Securities Other Securities consists of Federal Home Loan Bank of Cincinnati and Indianapolis stock and Farmer Mac stock. The Federal Home Loan Bank of Indianapolis stock was completely redeemed during 2013. These stocks are carried at cost and are held to enable the Bank to conduct business with the entities. The Federal Home Loan Banks sell and purchase their stock at par. The Federal Home Loan Bank of Cincinnati stock is held as collateral security for all indebtedness of the Bank to the Federal Home Loan Bank. The Federal Home Loan Bank of Cincinnati is evaluated for impairment as conditions warrant. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at the amount of unpaid principal, reduced by unearned discounts and deferred loan fees and costs, as well as, by the allowance for loan losses. Interest income is accrued on a daily basis based on the principal outstanding. Generally, a loan is classified as nonaccrual and the accrual of interest income is generally discontinued when a loan becomes ninety days past due as to principal or interest and these loans are placed on a “cash basis” for purposes of income recognition. Management may elect to continue the accrual of interest when the estimated net realizable value of collateral is sufficient to cover the principal and accrued interest, and the loan is in the process of collection. When a loan is placed on nonaccrual status, all previously accrued and unpaid interest receivable is charged against income. Loan origination and commitment fees and certain direct loan origination costs are deferred and amortized as a net adjustment to the related loan’s yield. The Bank is generally amortizing these costs over the contractual life of such loans. Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses charged to income. Loans deemed to be uncollectable and changes in the allowance relating to loans are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based on management’s periodic review of the collectability of the loans in light of historical experiences, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective, as it requires estimates that are subject to revision as more information becomes available. The allowance consists of specific, general and unallocated components. The specific component relates to loans that are classified as doubtful, substandard or special mention. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. The unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and agricultural loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. At 90 days delinquent, secured consumer loans are charged down to the value of the collateral, if repossession of the collateral is assured and/or in the process of repossession. Consumer mortgage loan deficiencies are charged down upon the sale of the collateral or sooner upon the recognition of collateral deficiency. For the majority of the Bank’s impaired loans, the Bank will apply the fair value of collateral or use a measurement incorporating the present value of expected future cash flows discounted at the loan’s effective rate of interest. To determine fair value of collateral, collateral asset values securing an impaired loan are periodically evaluated. Maximum time of re-evaluation is every 12 months for chattels and titled vehicles and every two years for real estate. In this process, third party evaluations are obtained. Until such time that updated appraisals are received, the Bank may discount the collateral value used. Large groups of homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not separately identify individual consumer loans for impairment, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. For more information regarding the actual composition and classification of loans involved in the establishment of the allowance for loan loss, please see Note 4 provided here with the notes to consolidated financial statements. Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Net unrealized losses, if any, are recognized in a valuation allowance by charges to income. Servicing Assets Servicing assets are recognized as separate assets when rights are acquired through purchase or sale of financial assets. Capitalized servicing rights are reported in other assets and are amortized into noninterest expense in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights by predominant characteristics, such as interest rates and terms. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market based assumptions. Impairment is recognized through a valuation allowance for an individual stratum, to the extent that fair value is less than the capitalized amount for the stratum. Fees received for servicing loans owned by investors are based on a percentage of the outstanding monthly principal balance of such loans and are included in operating income as loan payments are received. Costs of servicing loans are charged to expense as incurred. Goodwill and Other Intangible Assets Goodwill results from business acquisitions and represents the excess of the purchase price over the fair value of acquired tangible assets and liabilities and identifiable intangible assets. Goodwill is assessed at least annually. If possible impairment is likely, the Bank will utilize the assistance of an independent third party for impairment and any such impairment is recognized in the period identified. The Bank considered the following qualitative factors to determine if impairment was likely: 1) the Bank continued to perform above peer and remains profitable with capital growth, 2) the Bank had improved asset quality and does not see any change in the trend, 3) the Bank had strong liquidity and capital positions, 4) in quantitative testing done in 2015, the excess fair value of capital was $20.4 million or 20.3% over the carrying value and was over 5 times the value of the goodwill being carried and 5) the Bank was unaware of any likely circumstances that would indicate the fair value of the entity would be greatly decreased in the near future. Therefore, the Bank concluded it is unlikely impairment of Goodwill has occurred from the goodwill established from the Bank’s acquisition which occurred on December 31, 2007. Other intangible assets consist of core deposit intangible assets arising from business acquisitions. They are initially measured at fair value and then are amortized on a straight line method over their estimated useful lives and evaluated for impairment. Off Balance Sheet Instruments In the ordinary course of business, the Bank has entered into commitments to extend credit, including commitments under credit card arrangements, commercial letters of credit and standby letters of credit. Such financial instruments are recorded when they are funded. Foreclosed Real Estate Foreclosed real estate held for sale is carried at the lower of fair value minus estimated costs to sell, or cost. Costs of holding foreclosed real estate are charged to expense in the current period, except for significant property improvements, which are capitalized. Valuations are periodically performed by management and an allowance is established by a charge to non-interest expense if the carrying value exceeds the fair value minus estimated costs to sell. Foreclosed real estate is classified as other real estate owned. The net income from operations of foreclosed real estate held for sale is reported in non-interest income. At December 31, the Bank’s holding of other real estate owned totaled approximately $1.2 and $1.1 million for 2015 and 2014 respectively. Bank Premises and Equipment Land is carried at cost. Bank premises and equipment are stated at cost less accumulated depreciation. Depreciation is based on the estimated useful lives of the various properties and is computed using straight line and accelerated methods. Costs for maintenance and repairs are charged to operations as incurred. Gains and losses on dispositions are included in current operations. Federal Income Tax The Company’s income tax expense consists of the following components: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in tax expense. Based on management’s analysis, the Company did not have any uncertain tax positions as of December 31, 2015 and 2014. With a few exceptions, the Company is no longer subject to U.S. Federal, state or local examinations by tax authorities for years before 2012. Earnings Per Share Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. See Note 12 for additional information. Stock-Based Compensation The fair value of restricted common stock is their fair market value on the date of grant. The fair value of restricted stock is amortized as compensation expense on a straight-line basis over the vesting period of the grants. Compensation expense recognized is included in personnel expense in the consolidated statement of income Other Comprehensive Income (Loss) Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of other comprehensive income (loss). The components of other comprehensive income and related tax effects are as follows: (In Thousands) 2015 2014 2013 Net unrealized gain (loss) on available-for-sale securities $ 100 $ 1,158 $ (8,448 ) Reclassification adjustment for gain on sale of available-for-sale securities (451 ) (494 ) (775 ) Net unrealized gains (losses) (351 ) 664 (9,223 ) Tax expense (benefit) (119 ) 226 (3,136 ) Other comprehensive income (loss) $ (232 ) $ 438 $ (6,087 ) Reclassification Certain amounts in the 2014 and 2013 consolidated financial statements have been reclassified to conform with the 2015 presentation. Subsequent Events On January 15, 2016, the Company announced the authorization by its Board of Directors for the Company’s repurchase, either on the open market, or in privately negotiated transactions, of up to 200,000 shares of its outstanding common stock commencing January 15, 2016 and ending December 31, 2016. Recent Accounting Pronouncements In February 2015, the FASB issued ASU 2015-02, “Amendments to the Consolidation Analysis (Topic 810).” The amendments in this ASU clarify when a company is required to consolidate another legal entity in situations in which the reporting entity’s contractual rights do not give it the ability to act primarily on its own behalf, the reporting entity does not hold a majority of the legal entity’s voting rights, or the reporting entity is not exposed to a majority of the legal entity’s economic benefits or obligations. The amendments in this ASU have the following three main provisions that affect limited partnerships and similar legal entities: (1) there is an additional requirement that limited partnerships and similar legal entities must meet to qualify as voting interest entities. A limited partnership must provide partners with either substantive kick-out rights or substantive participating rights over the general partner to meet this requirement; (2) the specialized consolidation model and guidance for limited partnerships and similar legal entities have been eliminated. There is no longer a presumption that a general partner should consolidate a limited partnership; and (3) for limited partnerships and similar entities that qualify as voting interest entities, a limited partner with a controlling financial interest should consolidate a limited partnership. A controlling financial interest may be achieved through holding a limited partner interest that provides substantive kick-out rights. The amendments in the ASU are effective for public companies for fiscal years beginning after December 15, 2015, and early adoption is permitted. The Company does not expect that the adoption of this ASU will have an impact on the Company’s results of operations or financial position. In September 2015, the FASB issued ASU 2015-16, “Simplifying the Accounting for Measurement-Period Adjustments (Topic 805).” The amendments in the ASU identify, evaluate, and improve areas of generally accepted accounting principles for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to the users of the financial statements. The amendment addresses the requirement to retrospectively apply adjustments made to provisional amounts recognized in a business combination. The amendments in this ASU require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. Additionally, the acquirer should record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in the ASU require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in the current-period earning by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The amendments for this ASU are effective for fiscal years beginning after December 15, 2015, and should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this ASU with earlier adoption permitted for financial statements that have not been issued. The Company does not expect that the adoption of this ASU will have an impact on the Company’s results of operations or financial position. In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes (Topic 740).” The amendments in this ASU modify the current requirement that separates deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. To simplify the presentation of deferred income taxes, the amendments in this ASU require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in the ASU are effective for financial statements issued for annual periods beginning after December 15, 2016, and early application is permitted as of the beginning of an interim or annual reporting period either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company does not expect that the adoption of this ASU will have an impact on the Company’s results of operation or financial position. ASU 2016-1, “No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-1, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, (v) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments, (vi) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements and (viii) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for sale. ASU 2016-1 is effective for fiscal years beginning after December 15, 2017 and is not expected to have a significant impact on our financial statements.

Business Combination & Asset Pu

Business Combination & Asset Purchase	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Business Combination & Asset Purchase	Note 2 – Business Combination & Asset Purchase On December 13, 2013, the Bank completed its purchase of a branch office in Custar, Ohio from Croghan Colonial Bank. Deposits of approximately $29.5 million and loans of $11.4 million were included in the purchase. The aggregate acquisition cost of the Custar office was $1.2 million, which was all paid in cash. The office is located within the Bank’s current market area and expanded our presence in Wood County. The following table summarizes the estimated values of the assets acquired and the liabilities assumed: ($ in Thousands) Cash $ 204 Loans 11,436 Accrued Interest on Loans 31 Premises and Equipment 271 Core Deposit Intangible Asset 1,171 Other Assets 1 Total Assets Acquired $ 13,114 Deposits $ 29,466 Accrued Interest on Deposits 17 Other Liabilities 17 Total Liabilities Assumed $ 29,500 Net Liabilities Assumed $ (16,386 ) The Company also recognized core deposit intangible assets of $2.26 million with the purchase of offices. $1.17 million was recognized with the purchase of the Custar office on December 13, 2013 and $1.09 million with the Hicksville office on July 9, 2010. These are being amortized over an estimated remaining economic useful life of the deposits of 7 years on a straight line basis. In connection with a December 31, 2007 Knisely acquisition, the Company recognized a core deposit intangible asset of $1.1 million, which was fully amortized during 2014. The core deposit intangible is included in other assets on the consolidated balance sheets. The estimated amortization expense for the years ended December 31, 2015, 2014 and 2013 was $323, $480, and $319 thousand, respectively. Amortization expense of the core deposit intangible assets remaining is as follows: Hicksville Custar Total 2016 155 167 322 2017 78 167 245 2018 — 167 167 2019 — 167 167 2020 — 162 162 Total $ 233 $ 830 $ 1,063

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Securities	Note 3 – Securities The amortized cost and fair value of securities, with gross unrealized gains and losses, follows: (In Thousands) 2015 Amortized Gross Gross Fair Value Available-for-Sale: U.S. Treasury $ 38,778 $ 36 $ (309 ) $ 38,505 U.S. Government agencies 99,000 55 (835 ) 98,220 Mortgage-backed securities 26,157 283 (116 ) 26,324 State and local governments 70,858 1,290 (82 ) 72,066 Total available-for-sale securities $ 234,793 $ 1,664 $ (1,342 ) $ 235,115 (In Thousands) 2014 Amortized Gross Gross Fair Available-for-Sale: U.S. Treasury $ 25,833 $ — $ (440 ) $ 25,393 U.S. Government agencies 120,154 391 (1,311 ) 119,234 Mortgage-backed securities 29,067 557 (62 ) 29,562 State and local governments 72,765 1,671 (133 ) 74,303 Total available-for-sale securities $ 247,819 $ 2,619 $ (1,946 ) $ 248,492 Investment securities will at times depreciate to an unrealized loss position. The Bank utilizes the following criteria to assess whether impairment is other than temporary. No one item by itself will necessarily signal that a security should be recognized as an other than temporary impairment. 1. The fair value of the security has significantly declined from book value. 2. A downgrade has occurred that lowered the credit rating to below investment grade (below Baa3 by Moody and BBB – by Standard and Poors.) 3. Dividends have been reduced or eliminated or scheduled interest payments have not been made. 4. The underwater security has longer than 10 years to maturity and the loss position had existed for more than 3 years. 5. Management does not possess both the intent and ability to hold the security for a period of time sufficient to allow for any anticipated recovery in fair value. If the impairment is judged to be other than temporary, the cost basis of the individual security shall be written down to fair value, thereby establishing a new cost basis. The new cost basis shall not be changed for subsequent recoveries in fair value. The amount of the write down shall be included in current earnings as a realized loss. The recovery in fair value, if any, shall be recognized in earnings when the security is sold. The table below is presented by category of security and length of time in a continuous loss position. The Bank currently does not hold any securities with other than temporary impairment. Information pertaining to securities with gross unrealized losses at December 31, 2015 and 2014, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: 2015 (In Thousands) (In Thousands) Gross Fair Value Gross Fair Value U.S. Treasury $ (142 ) $ 23,241 $ (167 ) $ 10,195 U.S. Government agencies (635 ) 68,957 (200 ) 9,793 Mortgage-backed securities (60 ) 6,331 (56 ) 3,580 State and local governments (54 ) 7,920 (28 ) 1,725 Total available-for-sales securities $ (891 ) $ 106,449 $ (451 ) $ 25,293 2014 (In Thousands) (In Thousands) Gross Fair Value Gross Fair Value U.S. Treasury $ — $ — $ (440 ) $ 25,393 U.S. Government agencies (1 ) 5,458 (1,310 ) 82,803 Mortgage-backed securities — — (62 ) 7,900 State and local governments (31 ) 3,442 (102 ) 7,756 Total available-for-sales securities $ (32 ) $ 8,900 $ (1,914 ) $ 123,852 Unrealized losses on securities have not been recognized into income because the issuers’ bonds are of high credit quality, values have only been impacted by rate changes, and the Company has the intent and ability to hold the securities for the foreseeable future. The fair value is expected to recover as the bonds approach the maturity date. Sales of $47.0, $57.9, and $91.0 million for 2015, 2014, and 2013 respectively, generated gross realized gains and losses for the years ended December 31, as presented below: (In Thousands) 2015 2014 2013 Gross realized gains $ 451 $ 638 $ 839 Gross realized losses — (144 ) (64 ) Net realized gains $ 451 $ 494 $ 775 Tax expense related to net realized gains $ 153 $ 168 $ 264 The net realized gain on sales and related tax expense is a reclassification out of accumulated other comprehensive income. The net realized gain is included in net gain on sale of securities available-for-sale and the related tax expense is included in income tax expense in the consolidated statements of income and comprehensive income. The amortized cost and fair value of debt securities at December 31, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Fair Value One year or less $ 13,812 $ 13,862 After one year through five years 152,266 151,894 After five years through ten years 35,674 35,953 After ten years 6,884 7,082 Total $ 208,636 $ 208,791 Mortgage-backed securities 26,157 26,324 Total $ 234,793 $ 235,115 Investments with a carrying value and fair value of $189.3 million at December 31, 2015 and $176.9 million at December 31, 2014 were pledged to secure public deposits and securities sold under repurchase agreements. Other securities include Federal Home Loan Bank of Cincinnati and Farmer Mac stock as of December 31, 2015 and 2014.

Loans

Loans	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans	Note 4 – Loans The Company had $1.2 million in loans held for sale at December 31, 2015 as compared to $459 thousand in loans held for sale at December 31, 2014. Due to materiality, these loans are included in the Consumer Real Estate and Agricultural Real Estate loan categories at the lower of cost or market. Loans at December 31 are summarized below: (In Thousands) Loans: 2015 2014 Consumer Real Estate $ 88,189 $ 97,550 Agricultural Real Estate 58,525 50,895 Agricultural 82,654 74,611 Commercial Real Estate 322,762 270,188 Commercial and Industrial 100,125 100,126 Consumer 27,770 24,277 Industrial Development Bonds 6,491 4,698 $ 686,516 $ 622,345 Less: Net deferred loan fees and costs (638 ) (419 ) 685,878 621,926 Less: Allowance for loan losses (6,057 ) (5,905 ) Loans - Net $ 679,821 $ 616,021 Following are the characteristics and underwriting criteria for each major type of loan the Bank offers: Commercial Real Estate: Construction, purchase, and refinance of business purpose real estate. Risks include loan amount in relation to construction delays and overruns, vacancies, collateral value subject to market value fluctuations, interest rate, market demands, borrower’s ability to repay in orderly fashion, and others. The Bank does employ stress testing on higher balance loans to mitigate risk by ensuring the customer’s ability to repay in a changing rate environment before granting loan approval. Agricultural Real Estate: Purchase of farm real estate or for permanent improvements to the farm real estate. Cash flow from the farm operation is the repayment source and is therefore subject to the financial success of the farm operation. Consumer Real Estate: Purchase, refinance, or equity financing of one to four family owner occupied dwelling. Success in repayment is subject to borrower’s income, debt level, character in fulfilling payment obligations, employment, and others. Commercial and Industrial: Loans to proprietorships, partnerships, or corporations to provide temporary working capital and seasonal loans as well as long term loans for capital asset acquisition. Risks include adequacy of cash flow, reasonableness of profit projections, financial leverage, economic trends, management ability, and others. The Bank does employ stress testing on higher balance loans to mitigate risk by ensuring the customer’s ability to repay in a changing rate environment before granting loan approval. Agricultural: Loans for the production and housing of crops, fruits, vegetables, and livestock or to fund the purchase or re-finance of capital assets such as machinery and equipment, and livestock. The production of crops and livestock is especially vulnerable to commodity prices and weather. The vulnerability to commodity prices is offset by the farmer’s ability to hedge their position by the use of future contracts. The risk related to weather is often mitigated by requiring federal crop insurance. Consumer: Funding for individual and family purposes. Success in repayment is subject to borrower’s income, debt level, character in fulfilling payment obligations, employment, and others. Industrial Development Bonds (IDB): Funds for public improvements in the Bank’s service area. Repayment ability is based on the continuance of the taxation revenue as the source of repayment. The following is a maturity schedule by major category of loans at December 31, 2015: (In Thousands) Within After One After Total Consumer Real Estate $ 1,270 $ 11,486 $ 75,433 $ 88,189 Agricultural Real Estate 1,073 3,300 54,152 58,525 Agricultural 52,939 24,239 5,476 82,654 Commercial Real Estate 13,030 70,699 239,033 322,762 Commercial and Industrial 45,971 34,791 19,363 100,125 Consumer 5,480 17,228 5,062 27,770 Industrial Development Bonds 1,300 185 5,006 6,491 $ 121,063 $ 161,928 $ 403,525 $ 686,516 The distribution of fixed rate loans and variable rate loans by major loan category is as follows as of December 31, 2015: (In Thousands) Fixed Variable Consumer Real Estate $ 54,940 $ 33,249 Agricultural Real Estate 42,480 16,045 Agricultural 47,305 35,349 Commercial Real Estate 206,383 116,379 Commercial and Industrial loans 54,669 45,456 Consumer, Master Card and Overdrafts 23,305 4,465 Industrial Development Bonds 6,350 141 As of December 31, 2015 and 2014 one to four family residential mortgage loans amounting to $20.0 million and $20.8 million, respectively, have been pledged as security for loans the Bank has received from the Federal Home Loan Bank. Industrial Development Bonds are included in the commercial and industrial category for the remainder of the tables in this Note 4, unless specifically noted separately. The following table represents the contractual aging of the recorded investment in past due loans by portfolio classification of loans as of December 31, 2015 and 2014, net of deferred loan fees and costs: December 31, 2015 30-59 Days 60-89 Days Greater Than Total Current Total Recorded Consumer Real Estate $ 303 $ 47 $ 357 $ 707 $ 87,240 $ 87,947 $ — Agricultural Real Estate — — 162 162 58,301 58,463 — Agricultural — 145 — 145 82,617 82,762 — Commercial Real Estate 236 — 841 1,077 321,153 322,230 — Commercial and Industrial 51 — 20 71 106,618 106,689 — Consumer 19 9 — 28 27,759 27,787 — Total $ 609 $ 201 $ 1,380 $ 2,190 $ 683,688 $ 685,878 $ — December 31, 2014 30-59 Days 60-89 Days Greater Than Total Current Total Recorded Consumer Real Estate $ 713 $ 50 $ 436 $ 1,199 $ 96,351 $ 97,550 $ — Agricultural Real Estate — — — — 50,895 50,895 — Agricultural 25 — — 25 74,586 74,611 — Commercial Real Estate 78 204 709 991 269,197 270,188 — Commercial and Industrial — 8 — 8 104,816 104,824 — Consumer 25 8 29 62 23,796 23,858 — Total $ 841 $ 270 $ 1,174 $ 2,285 $ 619,641 $ 621,926 $ — The following table presents the recorded investment in nonaccrual loans by portfolio class of loans as of December 31, 2015 and December 31, 2014: (In Thousands) 2015 2014 Consumer real estate $ 1,155 $ 628 Agricultural real estate 162 — Agriculture — — Commercial real estate 484 709 Commercial 202 339 Consumer 38 29 Total $ 2,041 $ 1,705 The Bank uses a nine tier risk rating system to grade its loans. The grade of a loan may change during the life of the loan. The risk ratings are described as follows. 1. Zero (0) Unclassified. Any loan which has not been assigned a classification. 2. One (1) Excellent. Credit to premier customers having the highest credit rating based on an extremely strong financial condition, which compares favorably with industry standards (upper quartile of The Risk Management Association ratios). Financial statements indicate a sound earnings and financial ratio trend for several years with satisfactory profit margins and excellent liquidity exhibited. Prime credits may also be borrowers with loans fully secured by highly liquid collateral such as traded stocks, bonds, certificates of deposit, savings account, etc. No credit or collateral exceptions exist and the loan adheres to the Bank’s loan policy in every respect. Financing alternatives would be readily available and would qualify for unsecured credit. This grade is summarized by high liquidity, minimum risk, strong ratios, and low handling costs. 3. Two (2) Good. Desirable loans of somewhat less stature than Grade 1, but with strong financial statements. Loan supported by financial statements containing strong balance sheets, generally with a leverage position less than 1.50, and a history of profitability. Probability of serious financial deterioration is unlikely. Possessing a sound repayment source (and a secondary source), which would allow repayment in a reasonable period of time. Individual loans backed by liquid personal assets, established history and unquestionable character. 4. Three (3) Satisfactory. Satisfactory loans of average or slightly above average risk – having some deficiency or vulnerability to changing economic conditions, but still fully collectible. Projects should normally demonstrate acceptable debt service coverage. Generally, customers should have a leverage position less than 2.00. May be some weakness but with offsetting features of other support readily available. Loans are meeting the terms of repayment. Loans may be graded 3 when there is no recent information on which to base a current risk evaluation and the following conditions apply: At inception, the loan was properly underwritten and did not possess an unwarranted level of credit risk; a. At inception, the loan was secured with collateral possessing a loan value adequate to protect the Bank from loss; b. The loan exhibited two or more years of satisfactory repayment with a reasonable reduction of the principal balance; c. During the period that the loan has been outstanding, there has been no evidence of any credit weakness. Some examples of weakness include slow payment, lack of cooperation by the borrower, breach of loan covenants, or the business is in an industry which is known to be experiencing problems. If any of the credit weaknesses is observed, a lower risk grade is warranted. 5. Four (4) Satisfactory / Monitored. A “4” (Satisfactory/Monitored) risk grade may be established for a loan considered satisfactory but which is of average credit risk due to financial weakness or uncertainty. The loans warrant a higher than average level of monitoring to ensure that weaknesses do not advance. The level of risk in Satisfactory/Monitored classification is considered acceptable and within normal underwriting guidelines, so long as the loan is given management supervision. 6. Five (5) Special Mention. Loans that possess some credit deficiency or potential weakness which deserves close attention, but which do not yet warrant substandard classification. Such loans pose unwarranted financial risk that, if not corrected, could weaken the loan and increase risk in the future. The key distinctions of a 5 (Special Mention) classification are that (1) it is indicative of an unwarranted level of risk, and (2) weaknesses are considered “potential”, versus “defined”, impairments to the primary source of loan repayment and collateral. 7. Six (6) Substandard. One or more of the following characteristics may be exhibited in loans classified substandard: a. Loans, which possess a defined credit weakness and the likelihood that a loan will be paid from the primary source, are uncertain. Financial deterioration is underway and very close attention is warranted to ensure that the loan is collected without loss b. Loans are inadequately protected by the current net worth and paying capacity of the borrower. c. The primary source of repayment is weakened, and the Bank is forced to rely on a secondary source of repayment such as collateral liquidation or guarantees. d. Loans are characterized by the distinct possibility that the Bank will sustain some loss if deficiencies are not corrected. e. Unusual courses of action are needed to maintain a high probability of repayment. f. The borrower is not generating enough cash flow to repay loan principal; however, continues to make interest payments. g. The lender is forced into a subordinate position or unsecured collateral position due to flaws in documentation. h. Loans have been restructured so that payment schedules, terms and collateral represent concessions to the borrower when compared to the normal loan terms. i. The lender is seriously contemplating foreclosure or legal action due to the apparent deterioration in the loan j. There is significant deterioration in the market conditions and the borrower is highly vulnerable to these conditions. 8. Seven (7) Doubtful. One or more of the following characteristics may be exhibited in loans classified Doubtful: a. Loans have all of the weaknesses of those classified as Substandard. Additionally, however, these weaknesses make collection or liquidation in full based on existing conditions improbable. b. The primary source of repayment is gone, and there is considerable doubt as to the quality of the secondary source of repayment. c. The possibility of loss is high, but, because of certain important pending factors which may strengthen the loan, loss classification is deferred until its exact status is known. A Doubtful classification is established deferring the realization of the loss. 9. Eight (8) Loss. Loans are considered uncollectable and of such little value that continuing to carry them as assets on the institution’s financial statements is not feasible. Loans will be classified Loss when it is neither practical nor desirable to defer writing off or reserving all or a portion of a basically worthless asset, even though partial recovery may be possible at some time in the future. The following table represents the risk category of loans by portfolio class, net of deferred fees, based on the most recent analysis performed as of the time periods shown of December 31, 2015 and December 31, 2014. (In Thousands) Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Development 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 1-2 $ 5,841 $ 4,319 $ 12,025 $ 11,490 $ 597 $ 1,072 $ 261 $ 1,771 $ — $ — 3 16,593 15,780 21,247 26,871 24,264 34,229 22,300 15,582 3,100 4,289 4 35,475 30,472 49,220 36,225 293,381 225,015 76,855 80,079 3,391 409 5 192 111 250 — 1,738 7,083 57 2,299 — — 6 362 213 — — 1,828 2,080 543 165 — — 7 — — 20 25 422 709 182 230 — — 8 — — — — — — — — — — Total $ 58,463 $ 50,895 $ 82,762 $ 74,611 $ 322,230 $ 270,188 $ 100,198 $ 100,126 $ 6,491 $ 4,698 For consumer residential real estate, and other, the Company also evaluates credit quality based on the aging status of the loan, which was previously stated, and by payment activity. The following tables present the recorded investment in those classes based on payment activity and assigned risk grading as of December 31, 2015 and December 31, 2014. (In Thousands) Consumer Real Estate 2015 2014 Grade Pass $ 87,292 $ 97,007 Special mention (5) 48 — Substandard (6) 332 446 Doubtful (7) 275 97 Total $ 87,947 $ 97,550 Consumer - Credit Card Consumer - Other 2015 2014 2015 2014 Performing $ 3,901 $ 3,987 $ 23,863 $ 19,846 Nonperforming — — 23 25 Total, net of deferred fees $ 3,901 $ 3,987 $ 23,886 $ 19,871 Information about impaired loans as of and for the years ended December 31, 2015 and 2014 are as follows: (In Thousands) 2015 2014 Impaired loans without a valuation allowance $ 1,257 $ 675 Impaired loans with a valuation allowance 879 1,168 Total impaired loans $ 2,136 $ 1,843 Valuation allowance related to impaired loans $ 330 $ 387 Total non-accrual loans $ 2,041 $ 1,705 Total loans past-due ninety days or more and still accruing $ — $ — (In Thousands) 2015 2014 2013 Average investment in impaired loans $ 2,509 $ 1,929 $ 3,274 Interest income recognized on impaired loans $ 96 $ 87 $ 60 Interest income recognized on a cash basis on impaired loans $ 60 $ 51 $ 17 No additional funds are committed to be advanced in connection with impaired loans. The Bank had approximately $1.1 million of its impaired loans classified as trouble debt restructured as of December 31, 2015 as compared to $797.2 thousand of its impaired loans classified as trouble debt restructured as of December 31, 2014. The following table represents the years ended December 31, 2015 and 2014. December 31, 2015 Troubled Debt Restructurings Number of Pre- Post- December 31, 2014 Troubled Debt Restructurings Number of Pre- Post- Commercial Real Estate 1 $ 528 $ 430 Commercial Real Estate 0 $ — $ — Commercial and Industrial 1 25 24 Commercial and Industrial 0 — — For the years ended December 31, 2015 and 2014, there were no TDRs that subsequently defaulted after modification. For the majority of the Bank’s impaired loans, the Bank will apply the observable market price methodology. However, the Bank may also utilize a measurement incorporating the present value of expected future cash flows discounted at the loan’s effective rate of interest. To determine observable market price, collateral asset values securing an impaired loan are periodically evaluated. Maximum time of re-evaluation is every 12 months for chattels and titled vehicles and every two years for real estate. In this process, third party evaluations are obtained and heavily relied upon. Until such time that updated appraisals are received, the Bank may discount the collateral value used. The Bank uses the following guidelines as stated in policy to determine when to realize a charge-off, whether a partial or full loan balance. A charge down in whole or in part is realized when unsecured consumer loans, credit card credits and overdraft lines of credit reach 90 days delinquency. At 120 days delinquent, secured consumer loans are charged down to the value of the collateral, if repossession of the collateral is assured and/or in the process of repossession. Consumer mortgage loan deficiencies are charged down upon the sale of the collateral or sooner upon the recognition of collateral deficiency. Commercial and agricultural credits are charged down at 120 days delinquency, unless an established and approved work-out plan is in place or litigation of the credit will likely result in recovery of the loan balance. Upon notification of bankruptcy, unsecured debt is charged off. Additional charge-off may be realized as further unsecured positions are recognized. The following table presents loans individually evaluated for impairment by portfolio class of loans as of December 31, 2015 and 2014: (In Thousands) Recorded Unpaid Related Average Interest Interest 2015 With no related allowance recorded: Consumer real estate $ 156 $ 156 $ — $ 158 $ 5 $ 5 Agricultural real estate 63 63 — 120 — — Agricultural — — — — — — Commercial real estate 1,038 1,038 — 421 27 27 Commercial and Industrial — — — 429 27 — Consumer — — — — — — With a specific allowance recorded: Consumer real estate 275 323 64 181 7 6 Agricultural real estate — — — — — — Agricultural — — — — — — Commercial real estate 422 422 152 907 30 22 Commercial and Industrial 182 182 114 291 — — Consumer — — — 2 — — Totals: Consumer real estate $ 431 $ 479 $ 64 $ 339 $ 12 $ 11 Agricultural real estate $ 63 $ 63 $ — $ 120 $ — $ — Agricultural $ — $ — $ — $ — $ — $ — Commercial real estate $ 1,460 $ 1,460 $ 152 $ 1,328 $ 57 $ 49 Commercial and Industrial $ 182 $ 182 $ 114 $ 720 $ 27 $ — Consumer $ — $ — $ — $ 2 $ — $ — (In Thousands) Recorded Unpaid Related Average Interest Interest 2014 With no related allowance recorded: Consumer real estate $ 204 $ 229 $ — $ 52 $ 1 $ 1 Agricultural real estate — — — 93 7 — Agricultural — — — — — — Commercial real estate 471 471 — 740 7 5 Commercial and Industrial — — — 319 45 18 Consumer — — — — — — With a specific allowance recorded: Consumer real estate 97 97 36 118 6 6 Agricultural real estate — — — 15 — — Agricultural 25 25 25 2 — — Commercial real estate 709 709 111 83 21 21 Commercial and Industrial 326 326 204 506 — — Consumer 11 11 11 1 — — Totals: Consumer real estate $ 301 $ 326 $ 36 $ 170 $ 7 $ 7 Agricultural real estate $ — $ — $ — $ 108 $ 7 $ — Agricultural $ 25 $ 25 $ 25 $ 2 $ — $ — Commercial real estate $ 1,180 $ 1,180 $ 111 $ 823 $ 28 $ 26 Commercial and Industrial $ 326 $ 326 $ 204 $ 825 $ 45 $ 18 Consumer $ 11 $ 11 $ 11 $ 1 $ — $ — On January 1, 2015, the Company adopted Accounting Standards Update (ASU) 2014-04, Receivables, - “Troubled Debt Restructuring by Creditors. As of December 31, 2015 the Company had $477 thousand of foreclosed residential real estate property obtained by physical possession and $425 thousand of consumer mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process according to local jurisdictions. The ALLL has a direct impact on the provision expense. An increase in the ALLL is funded through recoveries and provision expense. The following tables summarize the activities in the allowance for credit losses. The following is an analysis of the allowance for credit losses for the years ended December 31: (In Thousands) 2015 2014 2013 Allowance for Loan Losses Balance at beginning of year $ 5,905 $ 5,194 $ 5,224 Provision for loan loss 625 1,191 858 Loans charged off (1,030 ) (778 ) (1,262 ) Recoveries 557 298 374 Balance at ending of year $ 6,057 $ 5,905 $ 5,194 Allowance for Unfunded Loan Commitments & Letters of Credit $ 208 $ 207 $ 163 Total Allowance for Credit Losses $ 6,265 $ 6,112 $ 5,357 The Company segregates its Allowance for Loan and Lease Losses (ALLL) into two reserves: The ALLL and the Allowance for Unfunded Loan Commitments and Letters of Credit (AULC). When combined, these reserves constitute the total Allowance for Credit Losses (ACL). The AULC is reported within other liabilities on the balance sheet while the ALLL is netted within the loans, net asset line. The ACL presented above represents the full amount of reserves available to absorb possible credit losses. The following table breaks down the activity within ALLL for each loan portfolio segment and shows the contribution provided by both the recoveries and the provision along with the reduction of the allowance caused by charge-offs. Additional analysis related to the allowance for credit losses as of December 31, 2015 and 2014 is as follows: (In Thousands) Consumer Agricultural Agricultural Commercial Commercial Consumer Unfunded Unallocated Total 2015 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 537 $ 184 $ 547 $ 2,367 $ 1,421 $ 323 $ 207 $ 526 $ 6,112 Charge Offs (38 ) — — (143 ) (536 ) (313 ) — — (1,030 ) Recoveries 41 — 64 204 91 157 — — 557 Provision (Credit) (202 ) 27 (29 ) 88 253 170 — 318 625 Other Non-interest expense related to unfunded — — — — — — 1 — 1 Ending Balance $ 338 $ 211 $ 582 $ 2,516 $ 1,229 $ 337 $ 208 $ 844 $ 6,265 Ending balance: individually evaluated for impairment $ 64 $ — $ — $ 152 $ 114 $ — $ — $ — $ 330 Ending balance: collectively evaluated for impairment $ 274 $ 211 $ 582 $ 2,364 $ 1,115 $ 337 $ 208 $ 844 $ 5,935 Ending balance: loans acquired with deteriorated credit quality $ 1 $ — $ — $ — $ — $ — $ — $ — $ 1 FINANCING RECEIVABLES: Ending balance $ 87,947 $ 58,463 $ 82,762 $ 322,230 $ 106,689 $ 27,787 $ — $ — $ 685,878 Ending balance: individually evaluated for impairment $ 431 $ 63 $ — $ 1,460 $ 182 $ — $ — $ — $ 2,136 Ending balance: collectively evaluated for impairment $ 87,516 $ 58,400 $ 82,762 $ 320,770 $ 106,507 $ 27,787 $ — $ — $ 683,742 Ending balance: loans acquired with deteriorated credit quality $ 507 $ — $ — $ — $ — $ — $ — $ — $ 507 Consumer Real Agricultural Agricultural Commercial Commercial and Consumer Unfunded Loan Unallocated Total ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 257 $ 131 $ 326 $ 2,107 $ 1,359 $ 292 $ 163 $ 722 $ 5,357 Charge Offs (168 ) — — (229 ) — (381 ) — — (778 ) Recoveries 34 — 44 4 20 196 — — 298 Provision (Credit) 414 53 177 485 42 216 — (196 ) 1,191 Other Non-interest expense related to unfunded — — — — — — 44 — 44 Ending Balance $ 537 $ 184 $ 547 $ 2,367 $ 1,421 $ 323 $ 207 $ 526 $ 6,112 Ending balance: individually evaluated for impairment $ 36 $ — $ 25 $ 111 $ 204 $ 11 $ — $ — $ 387 Ending balance: collectively evaluated for impairment $ 501 $ 184 $ 522 $ 2,256 $ 1,217 $ 312 $ 207 $ 526 $ 5,725 Ending balance: loans acquired with deteriorated credit quality $ 2 $ — $ — $ — $ — $ — $ — $ — 2 FINANCING RECEIVABLES: Ending balance $ 97,550 $ 50,895 $ 74,611 $ 270,188 $ 104,824 $ 23,858 $ — $ — $ 621,926 Ending balance: individually evaluated for impairment $ 301 $ — $ 25 $ 1,179 $ 327 $ 11 $ — $ — $ 1,843 Ending balance: collectively evaluated for impairment $ 97,249 $ 50,895 $ 74,586 $ 269,009 $ 104,497 $ 23,847 $ — $ — $ 620,083 Ending balance: loans acquired with deteriorated credit quality $ 526 $ — $ — $ — $ — $ — $ — $ — $ 526

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note 5 – Premises and Equipment The major categories of banking premises and equipment and accumulated depreciation at December 31 are summarized below: (In Thousands) 2015 2014 Land $ 5,647 $ 4,984 Buildings (useful life 15-39 years) 21,943 21,955 Construction in Progress 329 — Furnishings (useful life 3-15 years) 11,783 11,429 39,702 38,368 Less: Accumulated depreciation (19,115 ) (18,068 ) Premises and Equipment (Net) $ 20,587 $ 20,300 Depreciation expense for the years ended December 31, 2015, 2014 and 2013 amounted to $1.4, $1.3, and $1.2 million, respectively. Construction in Progress represents building construction of the Bank’s newest office in Fort Wayne, Indiana that is expected to open in 2016. An additional $722 thousand in costs are anticipated to complete the project in 2016.

Servicing

Servicing	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Servicing	Note 6 – Servicing Loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balances of loans serviced for others were $275.6 and $275.5 million at December 31, 2015 and 2014, respectively. The balance of capitalized servicing rights included in other assets at December 31, 2015 and 2014, was $2.1 and $2.0 million, respectively. The capitalized addition of servicing rights is included in net gain on sale of loans on the consolidated statement of income. The fair market value of the capitalized servicing rights as of December 31, 2015 and 2014 was $2.7 million and $2.9 million, respectively. The valuations were completed by stratifying the loans into like groups based on loan type and term. Impairment was measured by estimating the fair value of each stratum, taking into consideration an estimated level of prepayment based upon current market conditions. An average constant prepayment rate of 11.0 and 9.6 were utilized for 2015 and 2014, respectively. All stratums showed positive values compared to carrying value using a discount yield of 6.52% for 2015 and 6.48% for 2014. The following summarizes mortgage servicing rights capitalized and amortized during each year: (In Thousands) 2015 2014 Beginning Year $ 2,023 $ 2,066 Capitalized Additions 407 301 Amortization (374 ) (344 ) Valuation Allowance — — End of Year $ 2,056 $ 2,023

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Deposits	Note 7 – Deposits Time deposits as of December 31 consist of the following: (In Thousands) 2015 2014 Time deposits under $100,000 $ 103,424 $ 113,903 Time deposits of $100,000 or more 80,861 81,597 $ 184,285 $ 195,500 At December 31, 2015 the scheduled maturities for time deposits are as follows: (In Thousands) 2016 $ 89,862 2017 28,002 2018 32,380 2019 15,515 2020 17,682 thereafter 844 $ 184,285

Securities Sold Under Agreement

Securities Sold Under Agreement to Repurchase	12 Months Ended
	Dec. 31, 2015
Brokers and Dealers [Abstract]
Securities Sold Under Agreement to Repurchase	Note 8 – Securities Sold Under Agreement to Repurchase The Bank’s policy requires qualifying securities to be used as collateral for the underlying repurchase agreements. As of December 31, 2015 and 2014 securities with a book value of $65.8 million and $65.3 million, respectively, were pledged to secure the repurchase agreements. The table below presents the daily securities sold under agreement to repurchase and the term repurchase agreements. It does not include the Bank’s Federal Funds purchased. Daily Securities Sold Under Agreement to Repurchase Amount Weighted Maximum Amount Approximate Approximate 2015 $ 39,691 0.08 % $ 46,564 $ 39,371 0.08 % 2014 $ 38,493 0.08 % $ 46,475 $ 42,222 0.09 % Term CD’s Sold Under Agreement to Repurchase Amount Weighted Maximum Amount Approximate Approximate 2015 $ 17,124 2.00 % $ 17,961 $ 17,294 1.62 % 2014 $ 17,469 1.25 % $ 17,469 $ 17,337 1.24 % The Company had $22.0 million of Federal Funds Purchased as of December 31, 2015 and $56.8 million in Securities Sold Under Agreements to Repurchase. These securities were comprised of U.S. Treasuries and government agency securities. The table below shows the remaining contractual maturity in the repurchase agreements. December 31, 2015 Remaining Contratual Maturity of the Agreements Overnight & Up to 30 days 30-90 days Greater Than 90 days Total Federal funds Purchased $ 22,000 $ — $ — $ — $ 22,000 Repurchase Agreements US Treasury & agency securities 39,691 — — 17,124 56,815 Total $ 61,691 $ — $ — $ 17,124 $ 78,815

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Federal Home Loan Bank Advances	Note 9 - Federal Home Loan Bank Advances Long term debit consists of various loans from the Federal Home Loan Bank. Repayment structures vary, ranging from monthly installments, annual payments or upon maturity. Interest payments are due monthly. As of December 31, 2015, the Bank had two loans which were structured as single maturities with interest rates of 1.61% and 1.34%. Total borrowings were $10.0 million and $0.0 million for December 31, 2015 and 2014, respectively. The advances were secured by $20.0 and $20.8 million of mortgage loans as of December 31, 2015 and 2014, respectively under a blanket collateral agreement. The advances are subject to pre-payment penalties and the provisions and conditions of the credit policy of the Federal Home Loan Bank. Future obligations of the advances are as follows at December 31, 2015: (In Thousands) 2016 $ — 2017 5,000 2018 5,000 $ 10,000 The Bank had access to $58 million of unsecured borrowings through correspondent banks as of both December 31, 2015 and December 31, 2014. $29.4 million and $71.6 million at the end of the same time periods, respectively, were unpledged securities which could be sold or used as collateral. An additional $4.1 million at December 31, 2015, and $15.0 million at December 31, 2014, were available from the Federal Home Loan Bank based on current pledging, with up to $118.5 million and $112.6 million, respectively, available provided adequate collateral is pledged.

Federal Income Taxes

Federal Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Federal Income Taxes	Note 10 – Federal Income Taxes The components of income tax expense (benefit) for the years ended December 31 are as follows: (In Thousands) 2015 2014 2013 Current: Federal $ 3,941 $ 3,837 $ 3,562 Deferred: Federal (122 ) 34 34 $ 3,819 $ 3,871 $ 3,596 The following is a reconciliation of the statutory federal income tax rate to the effective tax rate: (In Thousands) 2015 2014 2013 Income tax at statutory rates $ 4,792 $ 4,596 $ 4,285 Decrease resulting from: Tax exempt interest (554 ) (634 ) (640 ) Change in prior estimates and other (419 ) (91 ) (49 ) $ 3,819 $ 3,871 $ 3,596 Deferred tax assets and liabilities at December 31 are comprised of the following: (In Thousands) 2015 2014 Deferred Tax Assets: Allowance for loan losses $ 2,080 $ 2,030 Other 528 416 Total deferred tax assets 2,608 2,446 Deferred Tax Liabilities: Accreted discounts on bonds 100 83 FHLB stock dividends 745 746 Mortgage servicing rights 706 696 Other 1,389 1,160 Net unrealized gain on available-for-sale securities 109 229 Total deferred tax liabilities 3,049 2,914 Net Deferred Tax Liability $ (441 ) $ (468 )

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Note 11 – Employee Benefit Plans The Bank has established a 401(k) profit sharing plan, which allows eligible employees to save at a minimum one percent of eligible compensation on a pre-tax basis, subject to certain Internal Revenue Service limitations. The Bank will match 50% of employee 401(k) contributions up to four percent of total eligible compensation. In addition, the Bank may make a discretionary contribution from time to time. A participant is 100% vested in the participant’s deferral contributions and employer matching contributions. A six-year vesting schedule applies to employer discretionary contributions. Contributions expensed for the 401(k) profit sharing plan for both the employer matching contribution and the discretionary contribution were $835, $779 and $670 thousand for 2015, 2014 and 2013, respectively. Restricted Stock Awards The Company has a Long-Term Stock Incentive Plan under which 16,000 shares of restricted stock were issued to 67 employees during 2015, 13,250 shares of restricted stock were issued to 61 employees and 11,000 shares to 53 employees during 2014 and 2013, respectively. Under the plan, the shares vest 100% in three years. During the 3 year vesting period, the employees received dividends or dividend equivalent compensation on the shares. Due to employee termination, there were 100, 780, and 620 forfeited during 2015, 2014 and 2013, respectively. Due to retirement, one employee received 250 shares from awards granted in 2012, 2013 and 2014 and 325 shares were paid to the estate of a deceased employee awarded during the same time periods. During 2013, 9,160 shares awarded in 2010 were vested 100%, and 45 employees received the stock. During 2014, 10,005 shares awarded in 2011, were vested 100%, and 48 employees received the stock. During 2015, 9,720 shares awarded in 2012, were vested 100% and 45 employees received the stock. Compensation expense applicable to the restricted stock totaled $286, $252 and $235 thousand for the years ending December 31, 2015, 2014 and 2013, respectively. The following table summarizes the activity of restricted stock awards as of December 31: Year Ended December 31, 2015 2014 2013 Number of Weighted Number of Weighted Number of Weighted Beginning of period 33,390 22.77 31,890 20.38 30,670 19.05 Granted 16,000 26.35 13,250 25.50 11,000 22.00 Vested (10,295 ) 26.33 (10,970 ) 25.39 (9,160 ) 21.55 Forfeited (100 ) 26.07 (780 ) 24.97 (620 ) 21.84 Nonvested, end of period 38,995 24.92 33,390 22.77 31,890 20.38 As of December 31, 2015, there was $591 thousand of unrecognized compensation cost related to the nonvested portion of restricted stock awards under the plan. Expense for restricted stock awards of $314 thousand, $232 thousand, and $253 thousand was recorded for the years ended December 31, 2015, 2014, and 2013, respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 12 – Earnings Per Share Basic earnings per share is calculated using the two-class method. The two-class method is an earnings allocation formula under which earnings per share is calculated from common stock and participating securities according to dividends declared and participation rights in undistributed earnings. Under this method, all earnings distributed and undistributed, are allocated to participating securities and common shares based on their respective rights to receive dividends. Unvested share-based payment awards that contain non-forfeitable rights to dividends are considered participating securities (i.e. unvested restricted stock), not subject to performance based measures. Basic earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of common shares outstanding. Application of the two-class method for participating securities results a more dilutive basic earnings per share as the participating securities are allocated the same amount of income as if they are outstanding for purposes of basic earnings per share. There is no additional potential dilution in calculating diluted earnings per share, therefore basic and diluted earnings per share are the same amounts. Other than the restricted stock plan, the Company has no other stock based compensation plans. The table below presents basic and diluted earnings per share for the years ended December 31, 2015, 2014, and 2013. Year Ended December 31, December 31, December 31, 2015 2014 2013 Earnings per share Net income $ 10,340 $ 9,646 $ 9,007 Less: distributed earnings allocated to participating securities (31 ) (27 ) (25 ) Less: undistributed earnings allocated to participating securities (47 ) (40 ) (34 ) Net earnings available to common shareholders $ 10,262 $ 9,579 $ 8,948 Weighted average common shares outstanding including participating securities 4,617,058 4,628,178 4,676,547 Less: average unvested resticted shares (35,000 ) (32,278 ) (30,618 ) Weighted average common shares outstanding 4,582,058 4,595,900 4,645,929 Basic and diluted earnings per share $ 2.24 $ 2.08 $ 1.93

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 13 – Related Party Transactions In the ordinary course of business, the Bank has granted loans to senior officers and directors and their affiliated companies amounting to $739 thousand and $1.5 million at December 31, 2015 and 2014, respectively. One new loan was approved during 2015 of which no additional borrowings were utilized. During 2015, subsequent advances totaled $8.7 million and payments of $9.1 million were received. The difference in related borrowings amounted to $440 thousand, net reduction. Deposits of directors, executive officers and companies in which they have a direct or indirect ownership as of December 31, 2015 and 2014, amounted to $26.3 million and $26.1 million, respectively.

Off Balance Sheet Activities

Off Balance Sheet Activities	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Off Balance Sheet Activities	Note 14 – Off Balance Sheet Activities Credit Related Financial Instruments The Bank is a party to credit related financial instruments with off-balance-sheet risk in the normal course of business to meet the financing need 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 Bank’s exposure to credit loss is represented by the contractual amount of these commitments. The Bank follows the same credit policies in making commitments as it does for on-balance-sheet instruments. The allowance for credit losses as it relates to unfunded loan commitments (AULC) is included under other liabilities. The AULC as of December 31, 2015 and 2014 was $208 thousand and $207 thousand, respectively. At December 31, 2015 and 2014, the following financial instruments were outstanding whose contract amounts represent credit risk: (In Thousands) 2015 2014 Commitments to extend credit $ 246,321 $ 212,258 Credit card arrangements 16,100 15,064 Standby letters of credit 770 694 Commitments to extend credit, credit card arrangements and Standby Letters of Credit all include exposure to some credit loss in the event of nonperformance of the customer. The Bank’s credit policies and procedures for credit commitments and financial guarantees are the same as those for extensions of credit that are recorded in the financial statements. Due to the fact that these instruments have fixed maturity dates, and because many of them expire without being drawn upon, they generally do not present any significant liquidity risk to the Bank. Collateral Requirements To reduce credit risk related to the use of credit-related financial instruments, the Bank might deem it necessary to obtain collateral. The amount and nature of the collateral obtained is based on the Bank’s credit evaluation of the customer. Collateral held varies but may include cash, securities, accounts receivable, inventory, property, plant, and real estate. Legal Contingencies Various legal claims also arise from time to time in the normal course of business, which, in the opinion of management, will have no material effect on the Company’s consolidated financial statements.

Minimum Regulatory Capital Requ

Minimum Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Minimum Regulatory Capital Requirements	Note 15 – Minimum Regulatory Capital Requirements The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Prior to January 1, 2015, quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios of: total risk-based capital, Tier I capital and Common Equity Tier 1 capital to risk-weighted assets (as defined in the regulations), and Tier I capital to adjusted total assets (as defined). The Basel III Capital Rules, a new comprehensive capital framework for U.S. banking organizations, became effective for on January 1, 2015 (subject to a phase-in period for certain provisions). Quantitative measures established by the Basel III Capital Rules to ensure capital adequacy require the maintenance of minimum amounts and ratios (set forth in the table below) of Common Equity Tier 1 capital, Tier 1 capital and Total capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital to adjusted quarterly average assets (as defined). In connection with the adoption of the Basel III Capital Rules, we elected to opt-out of the requirement to include most components of accumulated other comprehensive income in Common Equity Tier 1. Common Equity Tier 1 is reduced by, goodwill and other intangible assets, net of associated deferred tax liabilities, and subject to transition provisions. The Common Equity Tier 1 (beginning in 2015), Tier 1 and Total capital ratios are calculated by dividing the respective capital amounts by risk-weighted assets. Risk-weighted assets are calculated based on regulatory requirements and include total assets, with certain exclusions, allocated by risk weight category, and certain off-balance-sheet items, among other things. The leverage ratio is calculated by dividing Tier 1 capital by adjusted quarterly average total assets, which exclude goodwill and other intangible assets, among other things. When fully phased in on January 1, 2019, the Basel III Capital Rules will require the Company and Bank to maintain (i) a minimum ratio of Common Equity Tier 1 capital to risk-weighted assets of at least 4.5%, plus a 2.5% “capital conservation buffer” (which is added to the 4.5% Common Equity Tier 1 capital ratio as that buffer is phased in, effectively resulting in a minimum ratio of Common Equity Tier 1 capital to risk-weighted assets of at least 7.0% upon full implementation), (ii) a minimum ratio of Tier 1 capital to risk-weighted assets of at least 6.0%, plus the capital conservation buffer (which is added to the 6.0% Tier 1 capital ratio as that buffer is phased in, effectively resulting in a minimum Tier 1 capital ratio of 8.5% upon full implementation), (iii) a minimum ratio of Total capital (that is, Tier 1 plus Tier 2) to risk-weighted assets of at least 8.0%, plus the capital conservation buffer (which is added to the 8.0% total capital ratio as that buffer is phased in, effectively resulting in a minimum total capital ratio of 10.5% upon full implementation) and (iv) a minimum leverage ratio of 4.0%, calculated as the ratio of Tier 1 capital to average quarterly assets. The implementation of the capital conservation buffer will begin on January 1, 2016 at the 0.625% level and be phased in over a four-year period (increasing by that amount on each subsequent January 1, until it reaches 2.5% on January 1, 2019). The Basel III Capital Rules also provide for a “countercyclical capital buffer” that is applicable to only certain covered institutions and does not have any current applicability to the Company or Bank. The capital conservation buffer is designed to absorb losses during periods of economic stress and, as detailed above, effectively increases the minimum required risk-weighted capital ratios. Banking institutions with a ratio of Common Equity Tier 1 capital to risk-weighted assets below the effective minimum (4.5% plus the capital conservation buffer and, if applicable, the countercyclical capital buffer) will face constraints on dividends, equity repurchases and compensation based on the amount of the shortfall. Management believes, as of December 31, 2015, that the Bank meets all the capital adequacy requirements to which it is subject. As of December 31, 2015 the most recent notification from the FDIC indicated the Bank was categorized as well capitalized under the regulatory framework for prompt corrective action. To remain categorized as well capitalized, the Bank will have to maintain minimum total risk-based, Tier I risk-based, Common Tier 1 and Tier I leverage ratios as disclosed in the table to follow. There are no conditions or events since the most recent notification that management believes have changed the Bank’s prompt corrective action category. The following table presents actual and required capital ratios as of December 31, 2015 under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum required capital levels as of December 31, 2015 based on the phase-in provisions of the Basel III Capital Rules and the minimum required capital levels as of January 1, 2019 when the Basel III Capital Rules have been fully phased-in. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules. The Company and the Bank’s actual and required capital amounts and ratios as of December 31, 2015 are as follows: Actual Minimum Capital Required - Basel III Phased-In Schedule Required to Well-Captialized As of December 31, 2015 (000’s) Ratio (000’s) Ratio (000’s) Ratio Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated $ 115,386 14.18 % $ 36,626 4.50 % N/A N/A Farmers & Merchants State Bank 96,231 11.87 % 36,494 4.50 % $ 52,714 6.50 % Total Risk-Based Capital (to Risk Weighted Assets) Consoldated 121,651 14.95 % 65,113 8.00 % N/A N/A Farmers & Merchants State Bank 102,496 12.64 % 64,879 8.00 % 81,099 10.00 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 115,386 14.18 % 48,834 6.00 % N/A N/A Farmers & Merchants State Bank 96,231 11.87 % 48,689 6.00 % 64,879 8.00 % Tier 1 Leverage Capital (to Adjusted Total Assets) Consolidated 115,386 11.91 % 38,752 4.00 % N/A N/A Farmers & Merchants State Bank 96,231 10.12 % 38,019 4.00 % 47,524 5.00 % The following table presents actual and required capital ratios as of December 31, 2014 under the regulatory capital rules then in effect. Actual For Capital To Be Well Capitalized As of December 31, 2014 (000’s) Ratio (000’s) Ratio (000’s) Ratio Total Risk-Based Capital (to Risk Weighted Assets) Consolidated $ 114,702 16.68 % $ 55,028 8.00 % N/A N/A Farmers & Merchants State Bank 98,154 14.35 % 54,710 8.00 % $ 68,388 10.00 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 108,590 15.79 % 27,514 4.00 % N/A N/A Farmers & Merchants State Bank 92,042 13.46 % 27,355 4.00 % 41,033 6.00 % Tier 1 Capital (to Adjusted Total Assets) Consolidated 108,590 11.70 % 37,111 4.00 % N/A N/A Farmers & Merchants State Bank 92,042 10.01 % 36,785 4.00 % 45,981 5.00 %

Restrictions of Dividends & Int

Restrictions of Dividends & Inter-company Borrowings	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Restrictions of Dividends & Inter-company Borrowings	Note 16 – Restrictions of Dividends & Inter-company Borrowings The Bank is restricted as to the amount of dividends that can be paid. Dividends declared by the Bank that exceed the net income for the current year plus retained income for the preceding two years must be approved by federal and state regulatory agencies. Under this formula dividends of $12.3 million may be paid without prior regulatory approval. Regardless of formal regulatory restrictions, the Bank may not pay dividends that would result in its capital levels being reduced below the minimum requirements shown above. Under current Federal Reserve regulations, the Bank is limited as to the amount and type of loans it may make to the Company. These loans are subject to qualifying collateral requirements on which the amount of the loan may be based.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 17 – Fair Value of Financial Instruments Fair values of financial instruments are management’s estimate of the values at which the instruments could be exchanged in a transaction between willing parties. These estimates are subjective and may vary significantly from amounts that would be realized in actual transactions. In addition, other significant assets are not considered financial assets including deferred tax assets, premises, equipment and intangibles. Further, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on the fair value estimates and have not been considered in any of the estimates. The following assumptions and methods were used in estimating the fair value for financial instruments: Cash and Cash Equivalents The carrying amounts reported in the balance sheet for cash, cash equivalents and federal funds sold approximate their fair values. Also included in this line item are the carrying amounts of interest-bearing deposits maturing within ninety days which approximate their fair values. Fair values of other interest-bearing deposits are estimated using discounted cash flow analyses based on current rates for similar types of deposits. S ecurities – Available-for-sale Fair values for securities, excluding Federal Home Loan Bank and Farmer Mac stock, are based on quoted market price, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. Other Securities The carrying value of Federal Home Loan Bank and Farmer Mac stock, listed as “other securities”, approximates fair value based on the redemption provisions of the Federal Home Loan Bank. Loans, net For net variable-rate loans that re-price frequently, and with no significant change in credit risk, fair values are based on carrying values. The fair values of the fixed rate and all other loans are estimated using discounted cash flow analysis, using interest rates currently being offered for loans with similar terms to borrowers with similar credit quality. Deposits The fair values disclosed for deposits with no defined maturities are equal to their carrying amounts, which represent the amount payable on demand. The carrying amounts for variable-rate, fixed-term money market accounts and certificates of deposit approximate their fair value at the reporting date. Fair value for fixed-rate certificates of deposit are estimated using a discounted cash flow analysis that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits. Federal Funds Purchased and Securities Sold Under Agreement to Repurchase The carrying value of Federal Funds purchased and securities sold under agreement to repurchase approximates fair values. FHLB Advances Fair values or FHLB advances are estimated using discounted cash flow analysis based on the Company’s current incremental borrowing rates for similar types or borrowing arrangements. Accrued Interest Receivable and Payable The carrying amounts of accrued interest approximate fair values. Off Balance Sheet Financial Instruments Fair values for off-balance-sheet, credit related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The estimated fair values, and related carrying or notional amounts, for on and off-balance sheet financial instruments as of December 31, 2015 and 2014, are reflected below. The aggregate fair values in the table below do not represent the total market value of the Bank’s assets and liabilities. The table excludes the following: Bank Premises and Equipment, Goodwill, Mortgage Servicing Rights, Other Real Estate Owned, Other Assets, Other Liabilities and Accrued Expenses. (In Thousands) December 2015 December 2014 Carrying Fair Level 1 Level 2 Level 3 Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Cash and Cash Equivalents $ 22,018 $ 22,018 $ 22,018 $ — $ — $ 24,295 $ 24,295 $ 24,295 $ — $ — Securities - available for sale 235,115 235,115 38,505 189,258 7,352 248,492 248,492 25,393 215,168 7,931 Other Securities 3,717 3,717 — — 3,717 3,717 3,717 — — 3,717 Loans, net 679,821 683,332 — — 683,332 616,021 625,377 — — 625,377 Interest receivable 3,589 3,589 — — 3,589 3,578 3,578 — — 3,578 Financial Liabilities: Interest bearing Deposits $ 415,942 $ 415,942 $ — $ — $ 415,942 $ 403,051 $ 403,801 $ — $ — $ 403,801 Non-interest bearing Deposits 171,112 171,112 — 171,112 — 164,009 164,009 — 164,009 — Time Deposits 184,285 184,308 — — 184,308 195,500 196,545 — — 196,545 Total Deposits $ 771,339 $ 771,362 $ — $ 171,112 $ 600,250 $ 762,560 $ 764,355 $ — $ 164,009 $ 600,346 Federal Funds purchased and Securities sold under agreement to repurchase 78,815 78,815 — — 78,815 55,962 55,962 — — 55,962 Federal Home Loan Bank advances 10,000 9,986 — — 9,986 — — — — — Interest payable 185 185 — — 185 207 207 — — 207 Fair Value Measurements The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis at December 31, 2015 and 2014, and the valuation techniques used by the Company to determine those fair values. In general, fair values determined by Level 1 inputs use quoted prices in active markets for identical assets or liabilities in active markets that the Company has the ability to access. Available-for-sale securities - When quoted prices are available in an active market, securities are valued using the quoted price and are classified as Level 1. The quoted prices are not adjusted. Fair values determined by Level 2 inputs use other inputs that are observable, either directly or indirectly. These Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and other inputs such as interest rates and yield curves that are observable at commonly quoted intervals. Available-for-sale securities classified as Level 2 are valued using the prices obtained from an independent pricing service. The prices are not adjusted. Securities of obligations of state and political subdivisions are valued using a type of matrix, or grid, pricing in which securities are benchmarked against the treasury rate based on credit rating. Substantially all assumptions used by the independent pricing service are observable in the marketplace, can be derived from observable data, or are supported by observable levels at which transactions are executed in the marketplace. Level 3 inputs are unobservable inputs, including inputs that are available in situations where there is little, if any, market activity for the related asset or liability. The Bank holds some local municipals that the Bank evaluates based on the credit strength of the underlying project. The fair value is determined by valuing similar credit payment streams at similar rates. In instances where inputs used to measure fair value fall into different levels in the above fair value hierarchy, fair value measurements in their entirety are categorized based on the lowest level input that is significant to the valuation. The Company’s assessment of the significance of particular inputs to these fair value measurements requires judgment and considers factors specific to each asset. The following table summarizes financial assets measured at fair value on a recurring basis as of December 31, 2015 and December 31, 2014 segregated by level or the valuation inputs within the fair value hierarchy utilized to measure fair value: Assest and Liabilities Measured at Fair Value on a Recurring Basis (In Thousands) December 31, 2015 Quoted Prices in Significant Significant Assets-(Securities Available for Sale) U.S. Treasury $ 38,505 $ — $ — U.S. Government agencies — 98,220 — Mortgage-backed securities — 26,324 — State and local governments — 64,714 7,352 Total Securities Available for Sale $ 38,505 $ 189,258 $ 7,352 December 31, 2014 Quoted Prices in Assets (Level 1) Significant Significant (Level 3) Assets-(Securities Available for Sale) U.S. Treasury $ 25,393 $ — $ — U.S. Government agencies — 119,234 — Mortgage-backed securities — 29,562 — State and local governments — 66,372 7,931 Total Securities Available for Sale $ 25,393 $ 215,168 $ 7,931 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local State and Local State and Local Balance at January 1, 2015 $ 6,638 $ 1,293 $ 7,931 Change in Market Value (259 ) 155 (104 ) Purchases — — — Sales — — — Payments & Maturities (475 ) — (475 ) Balance at December 31, 2015 $ 5,904 $ 1,448 $ 7,352 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local State and Local State and Local Balance at January 1, 2014 $ 8,802 $ 1,544 $ 10,346 Change in Market Value (1,104 ) (251 ) (1,355 ) Purchases — — — Sales — — — Payments & Maturities (1,060 ) — (1,060 ) Balance at December 31, 2014 $ 6,638 $ 1,293 $ 7,931 Most of the Company’s available for sale securities, including any bonds issued by local municipalities, have CUSIP numbers or have similar characteristics of those in the municipal markets, making them marketable and comparable as Level 2. There have been no transfers between Levels 1, 2, and 3 during 2015 and 2014. The Company also has assets that, under certain conditions, are subject to measurement at fair value on a non-recurring basis. At December 31, 2015 and 2014, such assets consist primarily of collateral dependent impaired loans. Collateral dependent impaired loans categorized as Level 3 assets consist of non-homogeneous loans that are considered impaired. The Company estimates the fair value of the loans based on the present value of expected future cash flows using management’s best estimate of key assumptions. These assumptions include future payment ability, timing of payment streams, and estimated realizable values of available collateral (typically based on outside appraisals). At December 31, 2015 and 2014, collateral dependent impaired loans categorized as Level 3 were $1.8 and $1.5 million, respectively. The specific allocation for collateral dependent impaired loans was $329.3 thousand as of December 31, 2015 and $386.9 thousand as of December 31, 2014, respectively, which are accounted for in the allowance for loan losses (see Note 4). Other real estate is reported at the lower of either the fair value of the real estate, minus the estimated costs to sell the asset, or the cost of the asset. The determination of the fair value of the real estate relies primarily on appraisals from third parties. If the fair value of the real estate, minus the estimated costs to sell the asset, is less than the asset’s cost, the deficiency is recognized as a valuation allowance against the asset through a charge to expense. The valuation allowance is therefore increased or decreased, through charges or credits to expense, for changes in the asset’s fair value or estimated selling costs. The following table presents collateral dependent impaired loans and other real estate owned as recorded at fair value: Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2015 ($ in Thousands) Balance at Quoted Prices in Significant Significant Change in twelve-month period Collateral dependent impaired loans $ 549 $ — $ — $ 549 $ (17 ) Other real estate owned - commercial 216 — — 216 (32 ) Total change in fair value $ (49 ) Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2014 ($ in Thousands) Balance at Quoted Prices in Significant Significant Change in Collateral dependent impaired loans $ 781 $ — $ — $ 781 $ (168 ) Other real estate owned - residentialmortgages — — 44 (40 ) Total change in fair value $ (208 ) The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements: Fair Value at Valuation Technique Unobservable Inputs Range State and local government $ 7,352 Discounted Cash Flow Credit strength of underlying project or 0-5% entity / Discount rate Collateral dependent Impaired Loans 549 Collateral based Discount to reflect current market 0-50% conditions and ultimate collectability Other real estate owned - commercial 216 Appraisals Discount to reflect current market 0-20% Fair Value at Valuation Technique Unobservable Inputs Range State and local government $ 7,931 Discounted Cash Flow Credit strength of underlying project or 0-5% entity / Discount rate Collateral dependent Impaired Loans 782 Collateral based Discount to reflect current market 0-50% conditions and ultimate collectability Other real estate owned - residential 44 Appraisals Discount to reflect current market 0-20% The Company also has other assets, which under certain conditions, are subject to measurement at fair value. These assets include loans held for sale, bank owned life insurance, and mortgage servicing rights. The Company estimated the fair values of these assets utilizing Level 3 inputs, including, the discounted present value of expected future cash flows. At December 31, 2015, the Company estimates that there is no impairment of these assets and therefore, no impairment charge to other expense was required to adjust these assets to their estimated fair values.

Condensed Financial Statements

Condensed Financial Statements of Parent Company	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Statements of Parent Company	Note 18 – Condensed Financial Statements of Parent Company Balance Sheets (In Thousands) 2015 2014 Assets Cash $ 787 $ 302 Related party receivables: Dividends & Accounts receivable from subsidiaries 1,730 2,227 Accrued interest receivable Municipals 63 58 Securities - Municipals 16,388 14,998 Investment in subsidiaries 102,178 98,088 Total Assets $ 121,146 $ 115,673 Liabilities Accrued expenses $ 42 $ 215 Dividends payable 1,007 965 Total Liabilities 1,049 1,180 Stockholders’ Equity 120,097 114,493 Total Liabilities and Stockholders’ Equity $ 121,146 $ 115,673 Statements of Income and Comprehensive Income (In Thousands) 2015 2014 2013 Income Dividends from subsidiaries $ 6,220 $ 5,725 $ 3,830 Interest — — 566 Interest Municipals 219 215 30 Gain on sales of available-for-sale securities 124 — — Total Income 6,563 5,940 4,426 Operating Expenses 677 577 304 Income Before Income Taxes and Equity in Undistributed Earnings of Subsidiaries 5,886 5,363 4,122 Income Taxes (Benefit) (188 ) (196 ) 89 6,074 5,559 4,033 Equity in undistributed earnings of Subsidiaries 4,266 4,087 4,974 Net Income $ 10,340 $ 9,646 $ 9,007 Other Comprehensive Income (Loss): Unrealized gains (losses) on securities $ (232 ) $ 438 $ (6,087 ) Comprehensive Income $ 10,108 $ 10,084 $ 2,920 Statements of Cash Flows (In Thousands) 2015 2014 2013 Cash Flows from Operating Activities Net income $ 10,340 $ 9,646 $ 9,007 Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Equity in undistributed net income (Distributions in excess earnings) of subsidiaries (4,266 ) (4,087 ) (4,974 ) Accretion & Amortization of Securities 152 146 21 Gain on Sale of Available for Sale Securities (124 ) — — Changes in Assets and Liabilities: Dividends receivable 475 (1,025 ) (10 ) Other Assets and Liabilities 156 (12 ) 52 Net Cash Provided by Operating Activities 6,733 4,668 4,096 Cash Flows from Investing Activities Investing in Subsidiaries — (250 ) — Activitiy in available for sale securities: Maturities, prepayments and calls 1,000 — — Sales 6,282 — — Purchases (8,784 ) — (14,992 ) Repayment of Subsidiary Subordinated Debt — — 15,000 Net Cash Provided by (used in) Investing Activities (1,502 ) (250 ) 8 Cash Flows from Financing Activities Payment of dividends (3,943 ) (3,862 ) (3,719 ) Purchase of Treasury Stock (803 ) (576 ) (1,236 ) Net Cash Used in Financing Activities (4,746 ) (4,438 ) (4,955 ) Net Change in Cash and Cash Equivalents 485 (20 ) (851 ) Cash and Cash Equivalents Beginning of year 302 322 1,173 Cash and Cash Equivalents End of year $ 787 $ 302 $ 322 The intercompany subordinated debt between the Company and the Bank matured during the fourth quarter of 2013. The Company invested the proceeds into tax exempt municipal securities, thereby replacing a revenue stream independent of dividends from the Bank with which to operate. The Company also benefits from a more favorable tax treatment for these holdings. During the fourth quarter of 2014, the Company established a new subsidiary, Farmers & Merchants Risk Management, Inc. which is a Captive insurance company.

Quarterly Financial Data

Quarterly Financial Data	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	Note 19 – Quarterly Financial Data Quarterly Financial Data - UNAUDITED (000’s omitted except per share data) Quarter Ended in 2015 Mar 31 June 30 Sep 30 Dec 31 Summary of Income: Interest income $ 8,184 $ 8,289 $ 8,444 $ 8,733 Interest expense 858 871 935 923 Net Interest Income 7,326 7,418 7,509 7,810 Provision for loan loss 114 183 243 85 Net interest income after provision of loan loss 7,212 7,235 7,266 7,725 Other income (expense) (4,008 ) (3,682 ) (3,685 ) (3,904 ) Net income before income taxes 3,204 3,553 3,581 3,821 Income taxes 853 956 961 1,049 Net income $ 2,351 $ 2,597 $ 2,620 $ 2,772 Earnings per Common Share $ 0.51 $ 0.56 $ 0.57 $ 0.60 Average common shares outstanding 4,623,322 4,608,453 4,615,379 4,621,122 Quarter Ended in 2014 Mar 31 June 30 Sep 30 Dec 31 Summary of Income: Interest income $ 8,159 $ 8,304 $ 8,471 $ 8,519 Interest expense 944 970 895 907 Net Interest Income 7,215 7,334 7,576 7,612 Provision for loan loss 428 444 282 37 Net interest income after provision for loan loss 6,787 6,890 7,294 7,575 Other income (expense) (3,955 ) (3,456 ) (3,818 ) (3,800 ) Net income before income taxes 2,832 3,434 3,476 3,775 Income taxes 874 881 1,002 1,114 Net income $ 1,958 $ 2,553 $ 2,474 $ 2,661 Earnings per common share $ 0.42 $ 0.55 $ 0.54 $ 0.57 Average common shares outstanding 4,637,172 4,626,309 4,621,298 4,627,338

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations The Farmers & Merchants Bancorp, Inc. (the Company) through its bank subsidiary, The Farmers & Merchants State Bank (the Bank) provides a variety of financial services to individuals and small businesses through its offices in Northwest Ohio and Northeast Indiana.
Consolidation Policy	Consolidation Policy The consolidated financial statements include the accounts of Farmers & Merchants Bancorp, Inc. and its wholly-owned subsidiaries, The Farmers & Merchants State Bank (the Bank), a commercial banking institution and Farmers & Merchants Risk Management, Inc. (the Captive), a Captive insurance company. All significant inter-company balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the valuation of mortgage servicing rights, goodwill, available for sale investment securities, other real estate owned and impaired loans. Actual results could differ from those estimates. The determination of the adequacy of the allowance for loan losses is based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions. In connection with the determination of the estimated losses on loans, management obtains independent appraisals for significant collateral. The Bank’s loans are generally secured by specific items of collateral including real property, consumer assets, and business assets. Although the Bank has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent on local economic conditions in the agricultural industry. While management uses available information to recognize losses on loans, further reductions in the carrying amounts of loans may be necessary based on changes in local economic conditions. In addition regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans. Such agencies may require the Bank to recognize additional losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the consolidated statement of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents. This includes cash on hand, amounts due from banks, and federal funds sold. Generally, federal funds are purchased for one day periods.
Restrictions on Cash and Amounts Due from Banks	Restrictions on Cash and Amounts Due from Banks The Bank is required to maintain average balances on hand with the Federal Reserve Bank. The aggregate reserve was $6.5 million for December 31, 2015 and it was $7.1 million for December 31, 2014. The Company and its subsidiaries maintain cash balances with high quality credit institutions. At times such balances may be in excess of the federally insured limits.
Securities	Securities Debt securities are classified as available-for-sale. Securities available-for-sale are carried at fair value with unrealized gains and losses reported in other comprehensive income (loss). Net realized gains and losses on securities available for sale are included in noninterest income (expense) and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income (loss). Gains and losses on sales of securities are determined on the specific-identification method. Declines in the fair value of securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, management considers (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The related write-downs are included in earnings as realized losses.
Other Securities	Other Securities Other Securities consists of Federal Home Loan Bank of Cincinnati and Indianapolis stock and Farmer Mac stock. The Federal Home Loan Bank of Indianapolis stock was completely redeemed during 2013. These stocks are carried at cost and are held to enable the Bank to conduct business with the entities. The Federal Home Loan Banks sell and purchase their stock at par. The Federal Home Loan Bank of Cincinnati stock is held as collateral security for all indebtedness of the Bank to the Federal Home Loan Bank. The Federal Home Loan Bank of Cincinnati is evaluated for impairment as conditions warrant.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at the amount of unpaid principal, reduced by unearned discounts and deferred loan fees and costs, as well as, by the allowance for loan losses. Interest income is accrued on a daily basis based on the principal outstanding. Generally, a loan is classified as nonaccrual and the accrual of interest income is generally discontinued when a loan becomes ninety days past due as to principal or interest and these loans are placed on a “cash basis” for purposes of income recognition. Management may elect to continue the accrual of interest when the estimated net realizable value of collateral is sufficient to cover the principal and accrued interest, and the loan is in the process of collection. When a loan is placed on nonaccrual status, all previously accrued and unpaid interest receivable is charged against income. Loan origination and commitment fees and certain direct loan origination costs are deferred and amortized as a net adjustment to the related loan’s yield. The Bank is generally amortizing these costs over the contractual life of such loans.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses charged to income. Loans deemed to be uncollectable and changes in the allowance relating to loans are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based on management’s periodic review of the collectability of the loans in light of historical experiences, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective, as it requires estimates that are subject to revision as more information becomes available. The allowance consists of specific, general and unallocated components. The specific component relates to loans that are classified as doubtful, substandard or special mention. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. The unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and agricultural loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. At 90 days delinquent, secured consumer loans are charged down to the value of the collateral, if repossession of the collateral is assured and/or in the process of repossession. Consumer mortgage loan deficiencies are charged down upon the sale of the collateral or sooner upon the recognition of collateral deficiency. For the majority of the Bank’s impaired loans, the Bank will apply the fair value of collateral or use a measurement incorporating the present value of expected future cash flows discounted at the loan’s effective rate of interest. To determine fair value of collateral, collateral asset values securing an impaired loan are periodically evaluated. Maximum time of re-evaluation is every 12 months for chattels and titled vehicles and every two years for real estate. In this process, third party evaluations are obtained. Until such time that updated appraisals are received, the Bank may discount the collateral value used. Large groups of homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not separately identify individual consumer loans for impairment, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. For more information regarding the actual composition and classification of loans involved in the establishment of the allowance for loan loss, please see Note 4 provided here with the notes to consolidated financial statements.
Loans Held for Sale	Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Net unrealized losses, if any, are recognized in a valuation allowance by charges to income.
Servicing Assets	Servicing Assets Servicing assets are recognized as separate assets when rights are acquired through purchase or sale of financial assets. Capitalized servicing rights are reported in other assets and are amortized into noninterest expense in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights by predominant characteristics, such as interest rates and terms. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market based assumptions. Impairment is recognized through a valuation allowance for an individual stratum, to the extent that fair value is less than the capitalized amount for the stratum. Fees received for servicing loans owned by investors are based on a percentage of the outstanding monthly principal balance of such loans and are included in operating income as loan payments are received. Costs of servicing loans are charged to expense as incurred.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill results from business acquisitions and represents the excess of the purchase price over the fair value of acquired tangible assets and liabilities and identifiable intangible assets. Goodwill is assessed at least annually. If possible impairment is likely, the Bank will utilize the assistance of an independent third party for impairment and any such impairment is recognized in the period identified. The Bank considered the following qualitative factors to determine if impairment was likely: 1) the Bank continued to perform above peer and remains profitable with capital growth, 2) the Bank had improved asset quality and does not see any change in the trend, 3) the Bank had strong liquidity and capital positions, 4) in quantitative testing done in 2015, the excess fair value of capital was $20.4 million or 20.3% over the carrying value and was over 5 times the value of the goodwill being carried and 5) the Bank was unaware of any likely circumstances that would indicate the fair value of the entity would be greatly decreased in the near future. Therefore, the Bank concluded it is unlikely impairment of Goodwill has occurred from the goodwill established from the Bank’s acquisition which occurred on December 31, 2007. Other intangible assets consist of core deposit intangible assets arising from business acquisitions. They are initially measured at fair value and then are amortized on a straight line method over their estimated useful lives and evaluated for impairment.
Off Balance Sheet Instruments	Off Balance Sheet Instruments In the ordinary course of business, the Bank has entered into commitments to extend credit, including commitments under credit card arrangements, commercial letters of credit and standby letters of credit. Such financial instruments are recorded when they are funded.
Foreclosed Real Estate	Foreclosed Real Estate Foreclosed real estate held for sale is carried at the lower of fair value minus estimated costs to sell, or cost. Costs of holding foreclosed real estate are charged to expense in the current period, except for significant property improvements, which are capitalized. Valuations are periodically performed by management and an allowance is established by a charge to non-interest expense if the carrying value exceeds the fair value minus estimated costs to sell. Foreclosed real estate is classified as other real estate owned. The net income from operations of foreclosed real estate held for sale is reported in non-interest income. At December 31, the Bank’s holding of other real estate owned totaled approximately $1.2 and $1.1 million for 2015 and 2014 respectively.
Bank Premises and Equipment	Bank Premises and Equipment Land is carried at cost. Bank premises and equipment are stated at cost less accumulated depreciation. Depreciation is based on the estimated useful lives of the various properties and is computed using straight line and accelerated methods. Costs for maintenance and repairs are charged to operations as incurred. Gains and losses on dispositions are included in current operations.
Federal Income Tax	Federal Income Tax The Company’s income tax expense consists of the following components: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in tax expense. Based on management’s analysis, the Company did not have any uncertain tax positions as of December 31, 2015 and 2014. With a few exceptions, the Company is no longer subject to U.S. Federal, state or local examinations by tax authorities for years before 2012.
Earnings Per Share	Earnings Per Share Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. See Note 12 for additional information.
Stock-Based Compensation	Stock-Based Compensation The fair value of restricted common stock is their fair market value on the date of grant. The fair value of restricted stock is amortized as compensation expense on a straight-line basis over the vesting period of the grants. Compensation expense recognized is included in personnel expense in the consolidated statement of income
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of other comprehensive income (loss). The components of other comprehensive income and related tax effects are as follows: (In Thousands) 2015 2014 2013 Net unrealized gain (loss) on available-for-sale securities $ 100 $ 1,158 $ (8,448 ) Reclassification adjustment for gain on sale of available-for-sale securities (451 ) (494 ) (775 ) Net unrealized gains (losses) (351 ) 664 (9,223 ) Tax expense (benefit) (119 ) 226 (3,136 ) Other comprehensive income (loss) $ (232 ) $ 438 $ (6,087 )
Reclassification	Reclassification Certain amounts in the 2014 and 2013 consolidated financial statements have been reclassified to conform with the 2015 presentation.
Subsequent Events	Subsequent Events On January 15, 2016, the Company announced the authorization by its Board of Directors for the Company’s repurchase, either on the open market, or in privately negotiated transactions, of up to 200,000 shares of its outstanding common stock commencing January 15, 2016 and ending December 31, 2016.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2015, the FASB issued ASU 2015-02, “Amendments to the Consolidation Analysis (Topic 810).” The amendments in this ASU clarify when a company is required to consolidate another legal entity in situations in which the reporting entity’s contractual rights do not give it the ability to act primarily on its own behalf, the reporting entity does not hold a majority of the legal entity’s voting rights, or the reporting entity is not exposed to a majority of the legal entity’s economic benefits or obligations. The amendments in this ASU have the following three main provisions that affect limited partnerships and similar legal entities: (1) there is an additional requirement that limited partnerships and similar legal entities must meet to qualify as voting interest entities. A limited partnership must provide partners with either substantive kick-out rights or substantive participating rights over the general partner to meet this requirement; (2) the specialized consolidation model and guidance for limited partnerships and similar legal entities have been eliminated. There is no longer a presumption that a general partner should consolidate a limited partnership; and (3) for limited partnerships and similar entities that qualify as voting interest entities, a limited partner with a controlling financial interest should consolidate a limited partnership. A controlling financial interest may be achieved through holding a limited partner interest that provides substantive kick-out rights. The amendments in the ASU are effective for public companies for fiscal years beginning after December 15, 2015, and early adoption is permitted. The Company does not expect that the adoption of this ASU will have an impact on the Company’s results of operations or financial position. In September 2015, the FASB issued ASU 2015-16, “Simplifying the Accounting for Measurement-Period Adjustments (Topic 805).” The amendments in the ASU identify, evaluate, and improve areas of generally accepted accounting principles for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to the users of the financial statements. The amendment addresses the requirement to retrospectively apply adjustments made to provisional amounts recognized in a business combination. The amendments in this ASU require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. Additionally, the acquirer should record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in the ASU require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in the current-period earning by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The amendments for this ASU are effective for fiscal years beginning after December 15, 2015, and should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this ASU with earlier adoption permitted for financial statements that have not been issued. The Company does not expect that the adoption of this ASU will have an impact on the Company’s results of operations or financial position. In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes (Topic 740).” The amendments in this ASU modify the current requirement that separates deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. To simplify the presentation of deferred income taxes, the amendments in this ASU require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in the ASU are effective for financial statements issued for annual periods beginning after December 15, 2016,and early application is permitted as of the beginning of an interim or annual reporting period either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company does not expect that the adoption of this ASU will have an impact on the Company’s results of operation or financial position. ASU 2016-1, “No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-1, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, (v) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments, (vi) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements and (viii) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for sale. ASU 2016-1 is effective for fiscal years beginning after December 15, 2017 and is not expected to have a significant impact on our financial statements.

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Components of Other Comprehensive Income and Related Tax Effects	The components of other comprehensive income and related tax effects are as follows: (In Thousands) 2015 2014 2013 Net unrealized gain (loss) on available-for-sale securities $ 100 $ 1,158 $ (8,448 ) Reclassification adjustment for gain on sale of available-for-sale securities (451 ) (494 ) (775 ) Net unrealized gains (losses) (351 ) 664 (9,223 ) Tax expense (benefit) (119 ) 226 (3,136 ) Other comprehensive income (loss) $ (232 ) $ 438 $ (6,087 )

Business Combination & Asset 29

Business Combination & Asset Purchase (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Estimated Values of Assets Acquired and Liabilities Assumed	The following table summarizes the estimated values of the assets acquired and the liabilities assumed: ($ in Thousands) Cash $ 204 Loans 11,436 Accrued Interest on Loans 31 Premises and Equipment 271 Core Deposit Intangible Asset 1,171 Other Assets 1 Total Assets Acquired $ 13,114 Deposits $ 29,466 Accrued Interest on Deposits 17 Other Liabilities 17 Total Liabilities Assumed $ 29,500 Net Liabilities Assumed $ (16,386 )
Amortization Expense of Core Deposit Intangible Assets	Amortization expense of the core deposit intangible assets remaining is as follows: Hicksville Custar Total 2016 155 167 322 2017 78 167 245 2018 — 167 167 2019 — 167 167 2020 — 162 162 Total $ 233 $ 830 $ 1,063

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses	The amortized cost and fair value of securities, with gross unrealized gains and losses, follows: (In Thousands) 2015 Amortized Gross Gross Fair Value Available-for-Sale: U.S. Treasury $ 38,778 $ 36 $ (309 ) $ 38,505 U.S. Government agencies 99,000 55 (835 ) 98,220 Mortgage-backed securities 26,157 283 (116 ) 26,324 State and local governments 70,858 1,290 (82 ) 72,066 Total available-for-sale securities $ 234,793 $ 1,664 $ (1,342 ) $ 235,115 (In Thousands) 2014 Amortized Gross Gross Fair Available-for-Sale: U.S. Treasury $ 25,833 $ — $ (440 ) $ 25,393 U.S. Government agencies 120,154 391 (1,311 ) 119,234 Mortgage-backed securities 29,067 557 (62 ) 29,562 State and local governments 72,765 1,671 (133 ) 74,303 Total available-for-sale securities $ 247,819 $ 2,619 $ (1,946 ) $ 248,492
Gross Unrealized Losses, Aggregated by Investment Category and Length of Time	Information pertaining to securities with gross unrealized losses at December 31, 2015 and 2014, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: 2015 (In Thousands) (In Thousands) Gross Fair Value Gross Fair Value U.S. Treasury $ (142 ) $ 23,241 $ (167 ) $ 10,195 U.S. Government agencies (635 ) 68,957 (200 ) 9,793 Mortgage-backed securities (60 ) 6,331 (56 ) 3,580 State and local governments (54 ) 7,920 (28 ) 1,725 Total available-for-sales securities $ (891 ) $ 106,449 $ (451 ) $ 25,293 2014 (In Thousands) (In Thousands) Gross Fair Value Gross Fair Value U.S. Treasury $ — $ — $ (440 ) $ 25,393 U.S. Government agencies (1 ) 5,458 (1,310 ) 82,803 Mortgage-backed securities — — (62 ) 7,900 State and local governments (31 ) 3,442 (102 ) 7,756 Total available-for-sales securities $ (32 ) $ 8,900 $ (1,914 ) $ 123,852
Gross Realized Gains and Losses	gross realized gains and losses for the years ended December 31, as presented below: (In Thousands) 2015 2014 2013 Gross realized gains $ 451 $ 638 $ 839 Gross realized losses — (144 ) (64 ) Net realized gains $ 451 $ 494 $ 775 Tax expense related to net realized gains $ 153 $ 168 $ 264
Amortized Cost and Fair Value of Debt Securities, by Contractual Maturity	The amortized cost and fair value of debt securities at December 31, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Fair Value One year or less $ 13,812 $ 13,862 After one year through five years 152,266 151,894 After five years through ten years 35,674 35,953 After ten years 6,884 7,082 Total $ 208,636 $ 208,791 Mortgage-backed securities 26,157 26,324 Total $ 234,793 $ 235,115

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans	Loans at December 31 are summarized below: (In Thousands) Loans: 2015 2014 Consumer Real Estate $ 88,189 $ 97,550 Agricultural Real Estate 58,525 50,895 Agricultural 82,654 74,611 Commercial Real Estate 322,762 270,188 Commercial and Industrial 100,125 100,126 Consumer 27,770 24,277 Industrial Development Bonds 6,491 4,698 $ 686,516 $ 622,345 Less: Net deferred loan fees and costs (638 ) (419 ) 685,878 621,926 Less: Allowance for loan losses (6,057 ) (5,905 ) Loans - Net $ 679,821 $ 616,021
Maturity Schedule by Major Category of Loans	The following is a maturity schedule by major category of loans at December 31, 2015: (In Thousands) Within After One After Total Consumer Real Estate $ 1,270 $ 11,486 $ 75,433 $ 88,189 Agricultural Real Estate 1,073 3,300 54,152 58,525 Agricultural 52,939 24,239 5,476 82,654 Commercial Real Estate 13,030 70,699 239,033 322,762 Commercial and Industrial 45,971 34,791 19,363 100,125 Consumer 5,480 17,228 5,062 27,770 Industrial Development Bonds 1,300 185 5,006 6,491 $ 121,063 $ 161,928 $ 403,525 $ 686,516
Distribution of Fixed Rate Loans and Variable Rate Loans by Major Loan Category	The distribution of fixed rate loans and variable rate loans by major loan category is as follows as of December 31, 2015: (In Thousands) Fixed Variable Consumer Real Estate $ 54,940 $ 33,249 Agricultural Real Estate 42,480 16,045 Agricultural 47,305 35,349 Commercial Real Estate 206,383 116,379 Commercial and Industrial loans 54,669 45,456 Consumer, Master Card and Overdrafts 23,305 4,465 Industrial Development Bonds 6,350 141
Contractual Aging of the Recorded Investment in Past Due Loans by Portfolio Classification of Loans	The following table represents the contractual aging of the recorded investment in past due loans by portfolio classification of loans as of December 31, 2015 and 2014, net of deferred loan fees and costs: December 31, 2015 30-59 Days 60-89 Days Greater Than Total Current Total Recorded Consumer Real Estate $ 303 $ 47 $ 357 $ 707 $ 87,240 $ 87,947 $ — Agricultural Real Estate — — 162 162 58,301 58,463 — Agricultural — 145 — 145 82,617 82,762 — Commercial Real Estate 236 — 841 1,077 321,153 322,230 — Commercial and Industrial 51 — 20 71 106,618 106,689 — Consumer 19 9 — 28 27,759 27,787 — Total $ 609 $ 201 $ 1,380 $ 2,190 $ 683,688 $ 685,878 $ — December 31, 2014 30-59 Days 60-89 Days Greater Than Total Current Total Recorded Consumer Real Estate $ 713 $ 50 $ 436 $ 1,199 $ 96,351 $ 97,550 $ — Agricultural Real Estate — — — — 50,895 50,895 — Agricultural 25 — — 25 74,586 74,611 — Commercial Real Estate 78 204 709 991 269,197 270,188 — Commercial and Industrial — 8 — 8 104,816 104,824 — Consumer 25 8 29 62 23,796 23,858 — Total $ 841 $ 270 $ 1,174 $ 2,285 $ 619,641 $ 621,926 $ —
Recorded Investment in Nonaccrual Loans by Portfolio Class of Loans	The following table presents the recorded investment in nonaccrual loans by portfolio class of loans as of December 31, 2015 and December 31, 2014: (In Thousands) 2015 2014 Consumer real estate $ 1,155 $ 628 Agricultural real estate 162 — Agriculture — — Commercial real estate 484 709 Commercial 202 339 Consumer 38 29 Total $ 2,041 $ 1,705
Risk Category of Loans by Portfolio Class	The following table represents the risk category of loans by portfolio class, net of deferred fees, based on the most recent analysis performed as of the time periods shown of December 31, 2015 and December 31, 2014. (In Thousands) Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Development 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 1-2 $ 5,841 $ 4,319 $ 12,025 $ 11,490 $ 597 $ 1,072 $ 261 $ 1,771 $ — $ — 3 16,593 15,780 21,247 26,871 24,264 34,229 22,300 15,582 3,100 4,289 4 35,475 30,472 49,220 36,225 293,381 225,015 76,855 80,079 3,391 409 5 192 111 250 — 1,738 7,083 57 2,299 — — 6 362 213 — — 1,828 2,080 543 165 — — 7 — — 20 25 422 709 182 230 — — 8 — — — — — — — — — — Total $ 58,463 $ 50,895 $ 82,762 $ 74,611 $ 322,230 $ 270,188 $ 100,198 $ 100,126 $ 6,491 $ 4,698
Recorded Investment for Consumer Loans, Credit Quality based on Status of Loan and Payment Activity	The following tables present the recorded investment in those classes based on payment activity and assigned risk grading as of December 31, 2015 and December 31, 2014. (In Thousands) Consumer Real Estate 2015 2014 Grade Pass $ 87,292 $ 97,007 Special mention (5) 48 — Substandard (6) 332 446 Doubtful (7) 275 97 Total $ 87,947 $ 97,550 Consumer - Credit Card Consumer - Other 2015 2014 2015 2014 Performing $ 3,901 $ 3,987 $ 23,863 $ 19,846 Nonperforming — — 23 25 Total, net of deferred fees $ 3,901 $ 3,987 $ 23,886 $ 19,871
Schedule of Impaired Loans	Information about impaired loans as of and for the years ended December 31, 2015 and 2014 are as follows: (In Thousands) 2015 2014 Impaired loans without a valuation allowance $ 1,257 $ 675 Impaired loans with a valuation allowance 879 1,168 Total impaired loans $ 2,136 $ 1,843 Valuation allowance related to impaired loans $ 330 $ 387 Total non-accrual loans $ 2,041 $ 1,705 Total loans past-due ninety days or more and still accruing $ — $ — (In Thousands) 2015 2014 2013 Average investment in impaired loans $ 2,509 $ 1,929 $ 3,274 Interest income recognized on impaired loans $ 96 $ 87 $ 60 Interest income recognized on a cash basis on impaired loans $ 60 $ 51 $ 17
Impaired Loans Classified as Troubled Debt Restructured	The following table represents the years ended December 31, 2015 and 2014. December 31, 2015 Troubled Debt Restructurings Number of Pre- Post- December 31, 2014 Troubled Debt Restructurings Number of Pre- Post- Commercial Real Estate 1 $ 528 $ 430 Commercial Real Estate 0 $ — $ — Commercial and Industrial 1 25 24 Commercial and Industrial 0 — —
Loans Individually Evaluated for Impairment by Portfolio Class of Loans	The following table presents loans individually evaluated for impairment by portfolio class of loans as of December 31, 2015 and 2014: (In Thousands) Recorded Unpaid Related Average Interest Interest 2015 With no related allowance recorded: Consumer real estate $ 156 $ 156 $ — $ 158 $ 5 $ 5 Agricultural real estate 63 63 — 120 — — Agricultural — — — — — — Commercial real estate 1,038 1,038 — 421 27 27 Commercial and Industrial — — — 429 27 — Consumer — — — — — — With a specific allowance recorded: Consumer real estate 275 323 64 181 7 6 Agricultural real estate — — — — — — Agricultural — — — — — — Commercial real estate 422 422 152 907 30 22 Commercial and Industrial 182 182 114 291 — — Consumer — — — 2 — — Totals: Consumer real estate $ 431 $ 479 $ 64 $ 339 $ 12 $ 11 Agricultural real estate $ 63 $ 63 $ — $ 120 $ — $ — Agricultural $ — $ — $ — $ — $ — $ — Commercial real estate $ 1,460 $ 1,460 $ 152 $ 1,328 $ 57 $ 49 Commercial and Industrial $ 182 $ 182 $ 114 $ 720 $ 27 $ — Consumer $ — $ — $ — $ 2 $ — $ — (In Thousands) Recorded Unpaid Related Average Interest Interest 2014 With no related allowance recorded: Consumer real estate $ 204 $ 229 $ — $ 52 $ 1 $ 1 Agricultural real estate — — — 93 7 — Agricultural — — — — — — Commercial real estate 471 471 — 740 7 5 Commercial and Industrial — — — 319 45 18 Consumer — — — — — — With a specific allowance recorded: Consumer real estate 97 97 36 118 6 6 Agricultural real estate — — — 15 — — Agricultural 25 25 25 2 — — Commercial real estate 709 709 111 83 21 21 Commercial and Industrial 326 326 204 506 — — Consumer 11 11 11 1 — — Totals: Consumer real estate $ 301 $ 326 $ 36 $ 170 $ 7 $ 7 Agricultural real estate $ — $ — $ — $ 108 $ 7 $ — Agricultural $ 25 $ 25 $ 25 $ 2 $ — $ — Commercial real estate $ 1,180 $ 1,180 $ 111 $ 823 $ 28 $ 26 Commercial and Industrial $ 326 $ 326 $ 204 $ 825 $ 45 $ 18 Consumer $ 11 $ 11 $ 11 $ 1 $ — $ —
Summary of Activities in Allowance for Credit Losses	The following is an analysis of the allowance for credit losses for the years ended December 31: (In Thousands) 2015 2014 2013 Allowance for Loan Losses Balance at beginning of year $ 5,905 $ 5,194 $ 5,224 Provision for loan loss 625 1,191 858 Loans charged off (1,030 ) (778 ) (1,262 ) Recoveries 557 298 374 Balance at ending of year $ 6,057 $ 5,905 $ 5,194 Allowance for Unfunded Loan Commitments & Letters of Credit $ 208 $ 207 $ 163 Total Allowance for Credit Losses $ 6,265 $ 6,112 $ 5,357
Analysis of Allowance for Credit Losses	Additional analysis related to the allowance for credit losses as of December 31, 2015 and 2014 is as follows: (In Thousands) Consumer Agricultural Agricultural Commercial Commercial Consumer Unfunded Unallocated Total 2015 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 537 $ 184 $ 547 $ 2,367 $ 1,421 $ 323 $ 207 $ 526 $ 6,112 Charge Offs (38 ) — — (143 ) (536 ) (313 ) — — (1,030 ) Recoveries 41 — 64 204 91 157 — — 557 Provision (Credit) (202 ) 27 (29 ) 88 253 170 — 318 625 Other Non-interest expense related to unfunded — — — — — — 1 — 1 Ending Balance $ 338 $ 211 $ 582 $ 2,516 $ 1,229 $ 337 $ 208 $ 844 $ 6,265 Ending balance: individually evaluated for impairment $ 64 $ — $ — $ 152 $ 114 $ — $ — $ — $ 330 Ending balance: collectively evaluated for impairment $ 274 $ 211 $ 582 $ 2,364 $ 1,115 $ 337 $ 208 $ 844 $ 5,935 Ending balance: loans acquired with deteriorated credit quality $ 1 $ — $ — $ — $ — $ — $ — $ — $ 1 FINANCING RECEIVABLES: Ending balance $ 87,947 $ 58,463 $ 82,762 $ 322,230 $ 106,689 $ 27,787 $ — $ — $ 685,878 Ending balance: individually evaluated for impairment $ 431 $ 63 $ — $ 1,460 $ 182 $ — $ — $ — $ 2,136 Ending balance: collectively evaluated for impairment $ 87,516 $ 58,400 $ 82,762 $ 320,770 $ 106,507 $ 27,787 $ — $ — $ 683,742 Ending balance: loans acquired with deteriorated credit quality $ 507 $ — $ — $ — $ — $ — $ — $ — $ 507 Consumer Real Agricultural Agricultural Commercial Commercial and Consumer Unfunded Loan Unallocated Total ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 257 $ 131 $ 326 $ 2,107 $ 1,359 $ 292 $ 163 $ 722 $ 5,357 Charge Offs (168 ) — — (229 ) — (381 ) — — (778 ) Recoveries 34 — 44 4 20 196 — — 298 Provision (Credit) 414 53 177 485 42 216 — (196 ) 1,191 Other Non-interest expense related to unfunded — — — — — — 44 — 44 Ending Balance $ 537 $ 184 $ 547 $ 2,367 $ 1,421 $ 323 $ 207 $ 526 $ 6,112 Ending balance: individually evaluated for impairment $ 36 $ — $ 25 $ 111 $ 204 $ 11 $ — $ — $ 387 Ending balance: collectively evaluated for impairment $ 501 $ 184 $ 522 $ 2,256 $ 1,217 $ 312 $ 207 $ 526 $ 5,725 Ending balance: loans acquired with deteriorated credit quality $ 2 $ — $ — $ — $ — $ — $ — $ — 2 FINANCING RECEIVABLES: Ending balance $ 97,550 $ 50,895 $ 74,611 $ 270,188 $ 104,824 $ 23,858 $ — $ — $ 621,926 Ending balance: individually evaluated for impairment $ 301 $ — $ 25 $ 1,179 $ 327 $ 11 $ — $ — $ 1,843 Ending balance: collectively evaluated for impairment $ 97,249 $ 50,895 $ 74,586 $ 269,009 $ 104,497 $ 23,847 $ — $ — $ 620,083 Ending balance: loans acquired with deteriorated credit quality $ 526 $ — $ — $ — $ — $ — $ — $ — $ 526

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Major Categories of Banking Premises and Equipment and Accumulated Depreciation	The major categories of banking premises and equipment and accumulated depreciation at December 31 are summarized below: (In Thousands) 2015 2014 Land $ 5,647 $ 4,984 Buildings (useful life 15-39 years) 21,943 21,955 Construction in Progress 329 — Furnishings (useful life 3-15 years) 11,783 11,429 39,702 38,368 Less: Accumulated depreciation (19,115 ) (18,068 ) Premises and Equipment (Net) $ 20,587 $ 20,300

Servicing (Tables)

Servicing (Tables)	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Summary of Mortgage Servicing Rights Capitalized and Amortized	The following summarizes mortgage servicing rights capitalized and amortized during each year: (In Thousands) 2015 2014 Beginning Year $ 2,023 $ 2,066 Capitalized Additions 407 301 Amortization (374 ) (344 ) Valuation Allowance — — End of Year $ 2,056 $ 2,023

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Time Deposits	Time deposits as of December 31 consist of the following: (In Thousands) 2015 2014 Time deposits under $100,000 $ 103,424 $ 113,903 Time deposits of $100,000 or more 80,861 81,597 $ 184,285 $ 195,500
Scheduled Maturities for Time Deposits	At December 31, 2015 the scheduled maturities for time deposits are as follows: (In Thousands) 2016 $ 89,862 2017 28,002 2018 32,380 2019 15,515 2020 17,682 thereafter 844 $ 184,285

Securities Sold Under Agreeme35

Securities Sold Under Agreement to Repurchase (Tables)	12 Months Ended
	Dec. 31, 2015
Brokers and Dealers [Abstract]
Daily Securities under Agreement to Repurchase	The table below presents the daily securities sold under agreement to repurchase and the term repurchase agreements. It does not include the Bank’s Federal Funds purchased. Daily Securities Sold Under Agreement to Repurchase Amount Weighted Maximum Amount Approximate Approximate 2015 $ 39,691 0.08 % $ 46,564 $ 39,371 0.08 % 2014 $ 38,493 0.08 % $ 46,475 $ 42,222 0.09 % Term CD’s Sold Under Agreement to Repurchase Amount Weighted Maximum Amount Approximate Approximate 2015 $ 17,124 2.00 % $ 17,961 $ 17,294 1.62 % 2014 $ 17,469 1.25 % $ 17,469 $ 17,337 1.24 %
Schedule of Remaining Contractual Maturity in Repurchase Agreements	The table below shows the remaining contractual maturity in the repurchase agreements. December 31, 2015 Remaining Contratual Maturity of the Agreements Overnight & Up to 30 days 30-90 days Greater Than 90 days Total Federal funds Purchased $ 22,000 $ — $ — $ — $ 22,000 Repurchase Agreements US Treasury & agency securities 39,691 — — 17,124 56,815 Total $ 61,691 $ — $ — $ 17,124 $ 78,815

Federal Home Loan Bank Advanc36

Federal Home Loan Bank Advances (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Summary of Future Obligations of FHLB Advances	Future obligations of the advances are as follows at December 31, 2015: (In Thousands) 2016 $ — 2017 5,000 2018 5,000 $ 10,000

Federal Income Taxes (Tables)

Federal Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Components of Income Tax Expense (Benefit)	The components of income tax expense (benefit) for the years ended December 31 are as follows: (In Thousands) 2015 2014 2013 Current: Federal $ 3,941 $ 3,837 $ 3,562 Deferred: Federal (122 ) 34 34 $ 3,819 $ 3,871 $ 3,596
Reconciliation of the Statutory Federal Income Tax Rate to the Effective Tax Rate	The following is a reconciliation of the statutory federal income tax rate to the effective tax rate: (In Thousands) 2015 2014 2013 Income tax at statutory rates $ 4,792 $ 4,596 $ 4,285 Decrease resulting from: Tax exempt interest (554 ) (634 ) (640 ) Change in prior estimates and other (419 ) (91 ) (49 ) $ 3,819 $ 3,871 $ 3,596
Components of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities at December 31 are comprised of the following: (In Thousands) 2015 2014 Deferred Tax Assets: Allowance for loan losses $ 2,080 $ 2,030 Other 528 416 Total deferred tax assets 2,608 2,446 Deferred Tax Liabilities: Accreted discounts on bonds 100 83 FHLB stock dividends 745 746 Mortgage servicing rights 706 696 Other 1,389 1,160 Net unrealized gain on available-for-sale securities 109 229 Total deferred tax liabilities 3,049 2,914 Net Deferred Tax Liability $ (441 ) $ (468 )

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Activity of Restricted Stock Awards	The following table summarizes the activity of restricted stock awards as of December 31: Year Ended December 31, 2015 2014 2013 Number of Weighted Number of Weighted Number of Weighted Beginning of period 33,390 22.77 31,890 20.38 30,670 19.05 Granted 16,000 26.35 13,250 25.50 11,000 22.00 Vested (10,295 ) 26.33 (10,970 ) 25.39 (9,160 ) 21.55 Forfeited (100 ) 26.07 (780 ) 24.97 (620 ) 21.84 Nonvested, end of period 38,995 24.92 33,390 22.77 31,890 20.38

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Calculation of Basic Earnings Per Share	The table below presents basic and diluted earnings per share for the years ended December 31, 2015, 2014, and 2013. Year Ended December 31, December 31, December 31, 2015 2014 2013 Earnings per share Net income $ 10,340 $ 9,646 $ 9,007 Less: distributed earnings allocated to participating securities (31 ) (27 ) (25 ) Less: undistributed earnings allocated to participating securities (47 ) (40 ) (34 ) Net earnings available to common shareholders $ 10,262 $ 9,579 $ 8,948 Weighted average common shares outstanding including participating securities 4,617,058 4,628,178 4,676,547 Less: average unvested resticted shares (35,000 ) (32,278 ) (30,618 ) Weighted average common shares outstanding 4,582,058 4,595,900 4,645,929 Basic and diluted earnings per share $ 2.24 $ 2.08 $ 1.93

Off Balance Sheet Activities (T

Off Balance Sheet Activities (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Outstanding Financial Instruments Whose Contract Amounts Represent Credit Risk	At December 31, 2015 and 2014, the following financial instruments were outstanding whose contract amounts represent credit risk: (In Thousands) 2015 2014 Commitments to extend credit $ 246,321 $ 212,258 Credit card arrangements 16,100 15,064 Standby letters of credit 770 694

Minimum Regulatory Capital Re41

Minimum Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Summary of Bank's Actual and Required Capital Amounts and Ratios	The Company and the Bank’s actual and required capital amounts and ratios as of December 31, 2015 are as follows: Actual Minimum Capital Required - Basel III Phased-In Schedule Required to Well-Captialized As of December 31, 2015 (000’s) Ratio (000’s) Ratio (000’s) Ratio Common Equity Tier 1 Capital (to Risk Weighted Assets) Consolidated $ 115,386 14.18 % $ 36,626 4.50 % N/A N/A Farmers & Merchants State Bank 96,231 11.87 % 36,494 4.50 % $ 52,714 6.50 % Total Risk-Based Capital (to Risk Weighted Assets) Consoldated 121,651 14.95 % 65,113 8.00 % N/A N/A Farmers & Merchants State Bank 102,496 12.64 % 64,879 8.00 % 81,099 10.00 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 115,386 14.18 % 48,834 6.00 % N/A N/A Farmers & Merchants State Bank 96,231 11.87 % 48,689 6.00 % 64,879 8.00 % Tier 1 Leverage Capital (to Adjusted Total Assets) Consolidated 115,386 11.91 % 38,752 4.00 % N/A N/A Farmers & Merchants State Bank 96,231 10.12 % 38,019 4.00 % 47,524 5.00 % The following table presents actual and required capital ratios as of December 31, 2014 under the regulatory capital rules then in effect. Actual For Capital To Be Well Capitalized As of December 31, 2014 (000’s) Ratio (000’s) Ratio (000’s) Ratio Total Risk-Based Capital (to Risk Weighted Assets) Consolidated $ 114,702 16.68 % $ 55,028 8.00 % N/A N/A Farmers & Merchants State Bank 98,154 14.35 % 54,710 8.00 % $ 68,388 10.00 % Tier 1 Capital (to Risk Weighted Assets) Consolidated 108,590 15.79 % 27,514 4.00 % N/A N/A Farmers & Merchants State Bank 92,042 13.46 % 27,355 4.00 % 41,033 6.00 % Tier 1 Capital (to Adjusted Total Assets) Consolidated 108,590 11.70 % 37,111 4.00 % N/A N/A Farmers & Merchants State Bank 92,042 10.01 % 36,785 4.00 % 45,981 5.00 %

Fair Value of Financial Instr42

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Estimated Fair Values and Related Carrying or Notional Amounts	The estimated fair values, and related carrying or notional amounts, for on and off-balance sheet financial instruments as of December 31, 2015 and 2014, are reflected below. (In Thousands) December 2015 December 2014 Carrying Fair Level 1 Level 2 Level 3 Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Cash and Cash Equivalents $ 22,018 $ 22,018 $ 22,018 $ — $ — $ 24,295 $ 24,295 $ 24,295 $ — $ — Securities - available for sale 235,115 235,115 38,505 189,258 7,352 248,492 248,492 25,393 215,168 7,931 Other Securities 3,717 3,717 — — 3,717 3,717 3,717 — — 3,717 Loans, net 679,821 683,332 — — 683,332 616,021 625,377 — — 625,377 Interest receivable 3,589 3,589 — — 3,589 3,578 3,578 — — 3,578 Financial Liabilities: Interest bearing Deposits $ 415,942 $ 415,942 $ — $ — $ 415,942 $ 403,051 $ 403,801 $ — $ — $ 403,801 Non-interest bearing Deposits 171,112 171,112 — 171,112 — 164,009 164,009 — 164,009 — Time Deposits 184,285 184,308 — — 184,308 195,500 196,545 — — 196,545 Total Deposits $ 771,339 $ 771,362 $ — $ 171,112 $ 600,250 $ 762,560 $ 764,355 $ — $ 164,009 $ 600,346 Federal Funds purchased and Securities sold under agreement to repurchase 78,815 78,815 — — 78,815 55,962 55,962 — — 55,962 Federal Home Loan Bank advances 10,000 9,986 — — 9,986 — — — — — Interest payable 185 185 — — 185 207 207 — — 207
Financial Assets Measured at Fair Value on Recurring Basis	The following table summarizes financial assets measured at fair value on a recurring basis as of December 31, 2015 and December 31, 2014 segregated by level or the valuation inputs within the fair value hierarchy utilized to measure fair value: Assest and Liabilities Measured at Fair Value on a Recurring Basis (In Thousands) December 31, 2015 Quoted Prices in Significant Significant Assets-(Securities Available for Sale) U.S. Treasury $ 38,505 $ — $ — U.S. Government agencies — 98,220 — Mortgage-backed securities — 26,324 — State and local governments — 64,714 7,352 Total Securities Available for Sale $ 38,505 $ 189,258 $ 7,352 December 31, 2014 Quoted Prices in Assets (Level 1) Significant Significant (Level 3) Assets-(Securities Available for Sale) U.S. Treasury $ 25,393 $ — $ — U.S. Government agencies — 119,234 — Mortgage-backed securities — 29,562 — State and local governments — 66,372 7,931 Total Securities Available for Sale $ 25,393 $ 215,168 $ 7,931
Changes in the Level 3 Fair-Value Category of Which Unobservable Inputs	(In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local State and Local State and Local Balance at January 1, 2015 $ 6,638 $ 1,293 $ 7,931 Change in Market Value (259 ) 155 (104 ) Purchases — — — Sales — — — Payments & Maturities (475 ) — (475 ) Balance at December 31, 2015 $ 5,904 $ 1,448 $ 7,352 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local State and Local State and Local Balance at January 1, 2014 $ 8,802 $ 1,544 $ 10,346 Change in Market Value (1,104 ) (251 ) (1,355 ) Purchases — — — Sales — — — Payments & Maturities (1,060 ) — (1,060 ) Balance at December 31, 2014 $ 6,638 $ 1,293 $ 7,931
Collateral Dependent Impaired Loans and Other Real Estate	The following table presents collateral dependent impaired loans and other real estate owned as recorded at fair value: Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2015 ($ in Thousands) Balance at Quoted Prices in Significant Significant Change in twelve-month period Collateral dependent impaired loans $ 549 $ — $ — $ 549 $ (17 ) Other real estate owned - commercial 216 — — 216 (32 ) Total change in fair value $ (49 ) Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2014 ($ in Thousands) Balance at Quoted Prices in Significant Significant Change in Collateral dependent impaired loans $ 781 $ — $ — $ 781 $ (168 ) Other real estate owned - residentialmortgages — — 44 (40 ) Total change in fair value $ (208 )
Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements: Fair Value at Valuation Technique Unobservable Inputs Range State and local government $ 7,352 Discounted Cash Flow Credit strength of underlying project or 0-5% entity / Discount rate Collateral dependent Impaired Loans 549 Collateral based Discount to reflect current market 0-50% conditions and ultimate collectability Other real estate owned - commercial 216 Appraisals Discount to reflect current market 0-20% Fair Value at Valuation Technique Unobservable Inputs Range State and local government $ 7,931 Discounted Cash Flow Credit strength of underlying project or 0-5% entity / Discount rate Collateral dependent Impaired Loans 782 Collateral based Discount to reflect current market 0-50% conditions and ultimate collectability Other real estate owned - residential 44 Appraisals Discount to reflect current market 0-20%

Condensed Financial Statement43

Condensed Financial Statements of Parent Company (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule of Condensed Balance Sheets	Balance Sheets (In Thousands) 2015 2014 Assets Cash $ 787 $ 302 Related party receivables: Dividends & Accounts receivable from subsidiaries 1,730 2,227 Accrued interest receivable Municipals 63 58 Securities - Municipals 16,388 14,998 Investment in subsidiaries 102,178 98,088 Total Assets $ 121,146 $ 115,673 Liabilities Accrued expenses $ 42 $ 215 Dividends payable 1,007 965 Total Liabilities 1,049 1,180 Stockholders’ Equity 120,097 114,493 Total Liabilities and Stockholders’ Equity $ 121,146 $ 115,673
Schedule of Condensed Income and Comprehensive Income Statements	Statements of Income and Comprehensive Income (In Thousands) 2015 2014 2013 Income Dividends from subsidiaries $ 6,220 $ 5,725 $ 3,830 Interest — — 566 Interest Municipals 219 215 30 Gain on sales of available-for-sale securities 124 — — Total Income 6,563 5,940 4,426 Operating Expenses 677 577 304 Income Before Income Taxes and Equity in Undistributed Earnings of Subsidiaries 5,886 5,363 4,122 Income Taxes (Benefit) (188 ) (196 ) 89 6,074 5,559 4,033 Equity in undistributed earnings of Subsidiaries 4,266 4,087 4,974 Net Income $ 10,340 $ 9,646 $ 9,007 Other Comprehensive Income (Loss): Unrealized gains (losses) on securities $ (232 ) $ 438 $ (6,087 ) Comprehensive Income $ 10,108 $ 10,084 $ 2,920
Schedule of Condensed Cash Flow Statement	Statements of Cash Flows (In Thousands) 2015 2014 2013 Cash Flows from Operating Activities Net income $ 10,340 $ 9,646 $ 9,007 Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Equity in undistributed net income (Distributions in excess earnings) of subsidiaries (4,266 ) (4,087 ) (4,974 ) Accretion & Amortization of Securities 152 146 21 Gain on Sale of Available for Sale Securities (124 ) — — Changes in Assets and Liabilities: Dividends receivable 475 (1,025 ) (10 ) Other Assets and Liabilities 156 (12 ) 52 Net Cash Provided by Operating Activities 6,733 4,668 4,096 Cash Flows from Investing Activities Investing in Subsidiaries — (250 ) — Activitiy in available for sale securities: Maturities, prepayments and calls 1,000 — — Sales 6,282 — — Purchases (8,784 ) — (14,992 ) Repayment of Subsidiary Subordinated Debt — — 15,000 Net Cash Provided by (used in) Investing Activities (1,502 ) (250 ) 8 Cash Flows from Financing Activities Payment of dividends (3,943 ) (3,862 ) (3,719 ) Purchase of Treasury Stock (803 ) (576 ) (1,236 ) Net Cash Used in Financing Activities (4,746 ) (4,438 ) (4,955 ) Net Change in Cash and Cash Equivalents 485 (20 ) (851 ) Cash and Cash Equivalents Beginning of year 302 322 1,173 Cash and Cash Equivalents End of year $ 787 $ 302 $ 322

Quarterly Financial Data (Table

Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Summary of Quarterly Financial Data	(000’s omitted except per share data) Quarter Ended in 2015 Mar 31 June 30 Sep 30 Dec 31 Summary of Income: Interest income $ 8,184 $ 8,289 $ 8,444 $ 8,733 Interest expense 858 871 935 923 Net Interest Income 7,326 7,418 7,509 7,810 Provision for loan loss 114 183 243 85 Net interest income after provision of loan loss 7,212 7,235 7,266 7,725 Other income (expense) (4,008 ) (3,682 ) (3,685 ) (3,904 ) Net income before income taxes 3,204 3,553 3,581 3,821 Income taxes 853 956 961 1,049 Net income $ 2,351 $ 2,597 $ 2,620 $ 2,772 Earnings per Common Share $ 0.51 $ 0.56 $ 0.57 $ 0.60 Average common shares outstanding 4,623,322 4,608,453 4,615,379 4,621,122 Quarter Ended in 2014 Mar 31 June 30 Sep 30 Dec 31 Summary of Income: Interest income $ 8,159 $ 8,304 $ 8,471 $ 8,519 Interest expense 944 970 895 907 Net Interest Income 7,215 7,334 7,576 7,612 Provision for loan loss 428 444 282 37 Net interest income after provision for loan loss 6,787 6,890 7,294 7,575 Other income (expense) (3,955 ) (3,456 ) (3,818 ) (3,800 ) Net income before income taxes 2,832 3,434 3,476 3,775 Income taxes 874 881 1,002 1,114 Net income $ 1,958 $ 2,553 $ 2,474 $ 2,661 Earnings per common share $ 0.42 $ 0.55 $ 0.54 $ 0.57 Average common shares outstanding 4,637,172 4,626,309 4,621,298 4,627,338

Summary of Significant Accoun45

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)Multiplier	Jan. 15, 2016shares	Dec. 31, 2014USD ($)
Summary Of Significant Accounting Policies [Line Items]
Period for federal funds purchased and sold	1 day
Average aggregate reserve	$ 6.5		$ 7.1
Loan non-accrual classification period	90 days
Days to charged consumer loans to the value of the collateral	90 days
Maximum time for re-evaluation (in months)	12 months
Re-evaluation period for real estate	2 years
Excess fair value of goodwill amount	$ 20.4
Percentage of carrying value for excess fair value	20.30%
Factor multiplication of value of goodwill | Multiplier	5
Other real estate owned	$ 1.2		$ 1.1
Percentage of likelihood of realization of recognized tax benefit, minimum	50.00%
Subsequent Event [Member]
Summary Of Significant Accounting Policies [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased | shares		200,000
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Maturity period of cash equivalents	3 months

Summary of Significant Accoun46

Summary of Significant Accounting Policies - Components of Other Comprehensive Income and Related Tax Effects (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax [Abstract]
Net unrealized gain (loss) on available-for-sale securities	$ 100	$ 1,158	$ (8,448)
Reclassification adjustment for gain on sale of available-for-sale securities	(451)	(494)	(775)
Net unrealized gain (loss) on available for sale securities	(351)	664	(9,223)
Tax expense (benefit)	(119)	226	(3,136)
Other comprehensive income (loss)	$ (232)	$ 438	$ (6,087)

Business Combination & Asset 47

Business Combination & Asset Purchase - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jul. 09, 2010
Business Acquisition [Line Items]
Deposits at close included in purchase	$ 29,500		$ 29,500
Loans included in purchase			11,400
Aggregate acquisition cost			(15,215)
Recognition of core deposit intangible asset with acquired purchase	$ 2,260
Number of years amortized over an estimated remaining economic useful life of deposits	7 years
Amortization expense	$ 323	$ 480	319
Custar [Member]
Business Acquisition [Line Items]
Aggregate acquisition cost			1,200
Recognition of core deposit intangible asset with acquired purchase			$ 1,170
Hicksville [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase				$ 1,090
Knisely [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase		$ 1,100

Business Combination & Asset 48

Business Combination & Asset Purchase - Estimated Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2013
Business Combinations [Abstract]
Cash	$ 204
Loans	11,436
Accrued Interest on Loans	31
Premises and Equipment	271
Core Deposit Intangible Asset	1,171
Other Assets	1
Total Assets Acquired	13,114
Deposits	29,466
Accrued Interest on Deposits	17
Other Liabilities	17
Total Liabilities Assumed	29,500	$ 29,500
Net Liabilities Assumed	$ (16,386)

Business Combination & Asset 49

Business Combination & Asset Purchase - Amortization Expense of Core Deposit Intangible Assets (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
2,016	$ 322
2,017	245
2,018	167
2,019	167
2,020	162
Total	1,063
Hicksville [Member]
Business Acquisition [Line Items]
2,016	155
2,017	78
Total	233
Custar [Member]
Business Acquisition [Line Items]
2,016	167
2,017	167
2,018	167
2,019	167
2,020	162
Total	$ 830

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 234,793	$ 247,819
Gross Unrealized Gains	1,664	2,619
Gross Unrealized Losses	(1,342)	(1,946)
Fair Value	235,115	248,492
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	38,778	25,833
Gross Unrealized Gains	36
Gross Unrealized Losses	(309)	(440)
Fair Value	38,505	25,393
U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	99,000	120,154
Gross Unrealized Gains	55	391
Gross Unrealized Losses	(835)	(1,311)
Fair Value	98,220	119,234
Mortgage-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	26,157	29,067
Gross Unrealized Gains	283	557
Gross Unrealized Losses	(116)	(62)
Fair Value	26,324	29,562
State and Local Governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	70,858	72,765
Gross Unrealized Gains	1,290	1,671
Gross Unrealized Losses	(82)	(133)
Fair Value	$ 72,066	$ 74,303

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Realized gains and losses on sales	$ 47	$ 57.9	$ 91
Investments with a carrying value and fair value	$ 189.3	$ 176.9
Minimum [Member]
Schedule of Available-for-sale Securities [Line Items]
Underwater security	10 years
Loss position existed	3 years

Securities - Gross Unrealized L

Securities - Gross Unrealized Losses, Aggregated by Investment Category and Length of Time (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	$ (891)	$ (32)
Fair Value, Less Than Twelve Months	106,449	8,900
Gross Unrealized Losses, Twelve Months and Over	(451)	(1,914)
Fair Value, Twelve Months and Over	25,293	123,852
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(142)
Fair Value, Less Than Twelve Months	23,241
Gross Unrealized Losses, Twelve Months and Over	(167)	(440)
Fair Value, Twelve Months and Over	10,195	25,393
U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(635)	(1)
Fair Value, Less Than Twelve Months	68,957	5,458
Gross Unrealized Losses, Twelve Months and Over	(200)	(1,310)
Fair Value, Twelve Months and Over	9,793	82,803
Mortgage-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(60)
Fair Value, Less Than Twelve Months	6,331
Gross Unrealized Losses, Twelve Months and Over	(56)	(62)
Fair Value, Twelve Months and Over	3,580	7,900
State and Local Governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(54)	(31)
Fair Value, Less Than Twelve Months	7,920	3,442
Gross Unrealized Losses, Twelve Months and Over	(28)	(102)
Fair Value, Twelve Months and Over	$ 1,725	$ 7,756

Securities - Gross Realized Gai

Securities - Gross Realized Gains and Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]
Gross realized gains	$ 451	$ 638	$ 839
Gross realized losses		(144)	(64)
Net realized gains	451	494	775
Tax expense related to net realized gains	$ 153	$ 168	$ 264

Securities - Amortized Cost a54

Securities - Amortized Cost and Fair Value of Debt Securities, by Contractual Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities, Debt Maturities [Abstract]
Amortized Cost, One year or less	$ 13,812
Amortized Cost, After one year through five years	152,266
Amortized Cost, After five years through ten years	35,674
Amortized Cost, After ten years	6,884
Amortized Cost, Total	208,636
Amortized Cost, Mortgage-backed securities	26,157
Amortized Cost	234,793	$ 247,819
Fair Value, One year or less	13,862
Fair Value, After one year through five years	151,894
Fair Value, After five years through ten years	35,953
Fair Value, After ten years	7,082
Fair Value, Total	208,791
Fair Value, Mortgage-backed securities	26,324
Total, Fair Value	$ 235,115	$ 248,492

Loans - Additional Information

Loans - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential mortgage loan	$ 20,000	$ 20,800
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	$ 1,200	$ 459

Loans - Loans (Detail)

Loans - Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Loans:
Loans - Gross	$ 686,516	$ 622,345
Less: Net deferred loan fees and costs	(638)	(419)
Loans after net deferred loan fees and costs	685,878	621,926
Less: Allowance for loan losses	(6,057)	(5,905)	$ (5,194)	$ (5,224)
Loans - Net	679,821	616,021
Agricultural Real Estate [Member]
Loans:
Loans - Gross	58,525	50,895
Loans after net deferred loan fees and costs	58,463	50,895
Agricultural [Member]
Loans:
Loans - Gross	82,654	74,611
Loans after net deferred loan fees and costs	82,762	74,611
Industrial Development Bonds [Member]
Loans:
Loans - Gross	6,491	4,698
Loans after net deferred loan fees and costs	6,491	4,698
Consumer Real Estate [Member]
Loans:
Loans - Gross	88,189	97,550
Loans after net deferred loan fees and costs	87,947	97,550
Commercial Real Estate [Member]
Loans:
Loans - Gross	322,762	270,188
Loans after net deferred loan fees and costs	322,230	270,188
Consumer [Member]
Loans:
Loans - Gross	27,770	24,277
Loans after net deferred loan fees and costs	27,787	23,858
Commercial and Industrial [Member]
Loans:
Loans - Gross	100,125	100,126
Loans after net deferred loan fees and costs	$ 100,198	$ 100,126

Loans - Maturity Schedule by Ma

Loans - Maturity Schedule by Major Category of Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	$ 686,516	$ 622,345
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	58,525	50,895
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	82,654	74,611
Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	6,491	4,698
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	88,189	97,550
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	322,762	270,188
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	27,770	24,277
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	100,125	$ 100,126
Major Category Of Receivables Due Within One Year [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	121,063
Major Category Of Receivables Due Within One Year [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	1,073
Major Category Of Receivables Due Within One Year [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	52,939
Major Category Of Receivables Due Within One Year [Member] | Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	1,300
Major Category Of Receivables Due Within One Year [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	1,270
Major Category Of Receivables Due Within One Year [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	13,030
Major Category Of Receivables Due Within One Year [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	5,480
Major Category Of Receivables Due Within One Year [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	45,971
Major Category Of Receivables Due Within One Year to Five Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	161,928
Major Category Of Receivables Due Within One Year to Five Years [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	3,300
Major Category Of Receivables Due Within One Year to Five Years [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	24,239
Major Category Of Receivables Due Within One Year to Five Years [Member] | Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	185
Major Category Of Receivables Due Within One Year to Five Years [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	11,486
Major Category Of Receivables Due Within One Year to Five Years [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	70,699
Major Category Of Receivables Due Within One Year to Five Years [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	17,228
Major Category Of Receivables Due Within One Year to Five Years [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	34,791
Major Category Of Receivables Over Five Years [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	403,525
Major Category Of Receivables Over Five Years [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	54,152
Major Category Of Receivables Over Five Years [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	5,476
Major Category Of Receivables Over Five Years [Member] | Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	5,006
Major Category Of Receivables Over Five Years [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	75,433
Major Category Of Receivables Over Five Years [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	239,033
Major Category Of Receivables Over Five Years [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	5,062
Major Category Of Receivables Over Five Years [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans - Gross	$ 19,363

Loans - Distribution of Fixed R

Loans - Distribution of Fixed Rate Loans and Variable Rate Loans by Major Loan Category (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	$ 42,480
Distribution of variable rate loans by major loan category, Variable Rate	16,045
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	47,305
Distribution of variable rate loans by major loan category, Variable Rate	35,349
Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	6,350
Distribution of variable rate loans by major loan category, Variable Rate	141
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	54,940
Distribution of variable rate loans by major loan category, Variable Rate	33,249
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	206,383
Distribution of variable rate loans by major loan category, Variable Rate	116,379
Consumer, Master Card and Overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	23,305
Distribution of variable rate loans by major loan category, Variable Rate	4,465
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	54,669
Distribution of variable rate loans by major loan category, Variable Rate	$ 45,456

Loans - Contractual Aging of Re

Loans - Contractual Aging of Recorded Investment in Past Due Loans by Portfolio Classification of Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 2,190	$ 2,285
Current	683,688	619,641
Loans after net deferred loan fees and costs	685,878	621,926
Recorded Investment > 90 Days and Accruing	0	0	$ 0
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	162
Current	58,301	50,895
Loans after net deferred loan fees and costs	58,463	50,895
Recorded Investment > 90 Days and Accruing	0	0
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	145	25
Current	82,617	74,586
Loans after net deferred loan fees and costs	82,762	74,611
Recorded Investment > 90 Days and Accruing	0	0
Commercial And Industrial and Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	71	8
Current	106,618	104,816
Loans after net deferred loan fees and costs	106,689	104,824
Recorded Investment > 90 Days and Accruing	0	0
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	707	1,199
Current	87,240	96,351
Loans after net deferred loan fees and costs	87,947	97,550
Recorded Investment > 90 Days and Accruing	0	0
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,077	991
Current	321,153	269,197
Loans after net deferred loan fees and costs	322,230	270,188
Recorded Investment > 90 Days and Accruing	0	0
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	28	62
Current	27,759	23,796
Loans after net deferred loan fees and costs	27,787	23,858
Recorded Investment > 90 Days and Accruing	0	0
30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	609	841
30 to 59 Days Past Due [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		25
30 to 59 Days Past Due [Member] | Commercial And Industrial and Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	51
30 to 59 Days Past Due [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	303	713
30 to 59 Days Past Due [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	236	78
30 to 59 Days Past Due [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	19	25
60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	201	270
60 to 89 Days Past Due [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	145
60 to 89 Days Past Due [Member] | Commercial And Industrial and Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		8
60 to 89 Days Past Due [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	47	50
60 to 89 Days Past Due [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		204
60 to 89 Days Past Due [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	9	8
Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,380	1,174
Greater Than 90 Days [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	162
Greater Than 90 Days [Member] | Commercial And Industrial and Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	20
Greater Than 90 Days [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	357	436
Greater Than 90 Days [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 841	709
Greater Than 90 Days [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		$ 29

Loans - Recorded Investment in

Loans - Recorded Investment in Nonaccrual Loans by Portfolio Class of Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	$ 2,041	$ 1,705
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	162
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	1,155	628
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	484	709
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	38	29
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	$ 202	$ 339

Loans (Tier Risk Rating System)

Loans (Tier Risk Rating System) - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment period of loan with a reasonable reduction of principal balance	2 years
3 [Member] | Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Leverage position	200.00%
Good [Member] | Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Leverage position	150.00%

Loans - Risk Category of Loans

Loans - Risk Category of Loans by Portfolio Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 685,878	$ 621,926
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	100,198	100,126
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	322,230	270,188
1-2 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	261	1,771
1-2 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	597	1,072
3 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	22,300	15,582
3 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	24,264	34,229
4 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	76,855	80,079
4 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	293,381	225,015
5 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	57	2,299
5 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	1,738	7,083
6 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	543	165
6 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	1,828	2,080
7 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	182	230
7 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	422	709
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	58,463	50,895
Agricultural Real Estate [Member] | 1-2 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	5,841	4,319
Agricultural Real Estate [Member] | 3 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	16,593	15,780
Agricultural Real Estate [Member] | 4 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	35,475	30,472
Agricultural Real Estate [Member] | 5 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	192	111
Agricultural Real Estate [Member] | 6 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	362	213
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	82,762	74,611
Agricultural [Member] | 1-2 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	12,025	11,490
Agricultural [Member] | 3 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	21,247	26,871
Agricultural [Member] | 4 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	49,220	36,225
Agricultural [Member] | 5 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	250
Agricultural [Member] | 7 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	20	25
Industrial Development Bonds [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	6,491	4,698
Industrial Development Bonds [Member] | 3 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	3,100	4,289
Industrial Development Bonds [Member] | 4 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 3,391	$ 409

Loans - Recorded Investment for

Loans - Recorded Investment for Consumer Loans, Credit Quality based on Status of Loan and Payment Activity (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 685,878	$ 621,926
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	87,947	97,550
Pass [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	87,292	97,007
5 [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	48
6 [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	332	446
7 [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	275	97
Consumer - Credit Card [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Net	3,901	3,987
Consumer - Credit Card [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Net	3,901	3,987
Consumer - Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Net	23,886	19,871
Consumer - Other [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Net	23,863	19,846
Consumer - Other [Member] | Nonperforming [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Net	$ 23	$ 25

Loans - Schedule of Impaired Lo

Loans - Schedule of Impaired Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Impaired loans without a valuation allowance	$ 1,257	$ 675
Impaired loans with a valuation allowance	879	1,168
Total impaired loans	2,136	1,843
Valuation allowance related to impaired loans	330	387
Total non-accrual loans	2,041	1,705
Total loans past-due ninety days or more and still accruing	0	0	$ 0
Average investment in impaired loans	2,509	1,929	3,274
Interest income recognized on impaired loans	96	87	60
Interest income recognized on a cash basis on impaired loans	$ 60	$ 51	$ 17

Loans (Impaired Loans) - Additi

Loans (Impaired Loans) - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired loans classified as troubled debt restructured	$ 1,100,000	$ 797,200
Maximum time for re-evaluation (in months)	12 months
Re-evaluation period for real estate	2 years
Unsecured consumer loans, credit card credits and overdraft lines of credit reach	90 days
Delinquent period for charging down consumer loans	120 days
Delinquent period for charging down commercial and agricultural credits	120 days
Foreclosed residential real estate property	$ 1,175,000	$ 1,094,000
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Foreclosed residential real estate property	477,000
Residential real estate properties foreclosure proceedings	$ 425,000

Loans - Impaired Loans Classifi

Loans - Impaired Loans Classified as Troubled Debt Restructured (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014Contract
Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts Modified in the Last 12 Months | Contract	1	0
Pre-Modification Outstanding Recorded Investment	$ 25
Post-Modification Outstanding Recorded Investment	$ 24
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts Modified in the Last 12 Months | Contract	1	0
Pre-Modification Outstanding Recorded Investment	$ 528
Post-Modification Outstanding Recorded Investment	$ 430

Loans - Loans Individually Eval

Loans - Loans Individually Evaluated for Impairment by Portfolio Class of Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	$ 1,257	$ 675
With no related allowance recorded, Related Allowance	330	387
With a specific allowance recorded, Recorded Investment	879	1,168
With a specific allowance recorded, Related Allowance	330	387
Recorded Investment	2,136	1,843
Related Allowance	330	387
Average Recorded Investment	2,509	1,929	$ 3,274
Interest Income Recognized	96	87	60
Interest Income Recognized on a Cash Basis	60	51	$ 17
Agricultural Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	63
With no related allowance recorded, Unpaid Principal Balance	63
With no related allowance recorded, Average Recorded Investment	120	93
With no related allowance recorded, Interest Income Recognized		7
With a specific allowance recorded, Average Recorded Investment		15
Recorded Investment	63
Unpaid Principal Balance	63
Average Recorded Investment	120	108
Interest Income Recognized		7
Agricultural [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Related Allowance		25
With a specific allowance recorded, Recorded Investment		25
With a specific allowance recorded, Unpaid Principal Balance		25
With a specific allowance recorded, Related Allowance		25
With a specific allowance recorded, Average Recorded Investment		2
Recorded Investment		25
Unpaid Principal Balance		25
Related Allowance		25
Average Recorded Investment		2
Consumer Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	156	204
With no related allowance recorded, Unpaid Principal Balance	156	229
With no related allowance recorded, Related Allowance	64	36
With no related allowance recorded, Average Recorded Investment	158	52
With no related allowance recorded, Interest Income Recognized	5	1
With no related allowance recorded, Interest Income Recognized on a Cash Basis	5	1
With a specific allowance recorded, Recorded Investment	275	97
With a specific allowance recorded, Unpaid Principal Balance	323	97
With a specific allowance recorded, Related Allowance	64	36
With a specific allowance recorded, Average Recorded Investment	181	118
With a specific allowance recorded, Interest Income Recognized	7	6
With a specific allowance recorded, Interest Income Recognized on a Cash Basis	6	6
Recorded Investment	431	301
Unpaid Principal Balance	479	326
Related Allowance	64	36
Average Recorded Investment	339	170
Interest Income Recognized	12	7
Interest Income Recognized on a Cash Basis	11	7
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	1,038	471
With no related allowance recorded, Unpaid Principal Balance	1,038	471
With no related allowance recorded, Related Allowance	152	111
With no related allowance recorded, Average Recorded Investment	421	740
With no related allowance recorded, Interest Income Recognized	27	7
With no related allowance recorded, Interest Income Recognized on a Cash Basis	27	5
With a specific allowance recorded, Recorded Investment	422	709
With a specific allowance recorded, Unpaid Principal Balance	422	709
With a specific allowance recorded, Related Allowance	152	111
With a specific allowance recorded, Average Recorded Investment	907	83
With a specific allowance recorded, Interest Income Recognized	30	21
With a specific allowance recorded, Interest Income Recognized on a Cash Basis	22	21
Recorded Investment	1,460	1,180
Unpaid Principal Balance	1,460	1,180
Related Allowance	152	111
Average Recorded Investment	1,328	823
Interest Income Recognized	57	28
Interest Income Recognized on a Cash Basis	49	26
Consumer [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Related Allowance		11
With a specific allowance recorded, Recorded Investment		11
With a specific allowance recorded, Unpaid Principal Balance		11
With a specific allowance recorded, Related Allowance		11
With a specific allowance recorded, Average Recorded Investment	2	1
Recorded Investment		11
Unpaid Principal Balance		11
Related Allowance		11
Average Recorded Investment	2	1
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Related Allowance	114	204
With no related allowance recorded, Average Recorded Investment	429	319
With no related allowance recorded, Interest Income Recognized	27	45
With no related allowance recorded, Interest Income Recognized on a Cash Basis		18
With a specific allowance recorded, Recorded Investment	182	326
With a specific allowance recorded, Unpaid Principal Balance	182	326
With a specific allowance recorded, Related Allowance	114	204
With a specific allowance recorded, Average Recorded Investment	291	506
Recorded Investment	182	326
Unpaid Principal Balance	182	326
Related Allowance	114	204
Average Recorded Investment	720	825
Interest Income Recognized	$ 27	45
Interest Income Recognized on a Cash Basis		$ 18

Loans - Summary of Activities i

Loans - Summary of Activities in Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Loan Losses
Balance at beginning of year				$ 5,905				$ 5,194	$ 5,905	$ 5,194	$ 5,224
Provision for loan loss	$ 85	$ 243	$ 183	$ 114	$ 37	$ 282	$ 444	$ 428	625	1,191	858
Loans charged off									(1,030)	(778)	(1,262)
Recoveries									557	298	374
Balance at ending of year	6,057				5,905				6,057	5,905	5,194
Allowance for Unfunded Loan Commitments & Letters of Credit	208				207				208	207	163
Total Allowance for Credit Losses	$ 6,265				$ 6,112				$ 6,265	$ 6,112	$ 5,357

Loans - Analysis of Allowance f

Loans - Analysis of Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	$ 6,112	$ 5,357
Charge Offs	(1,030)	(778)	$ (1,262)
Recoveries	557	298	374
Provision (Credit)	625	1,191
Other Non-interest expense related to unfunded	1	44
Ending Balance	6,265	6,112	5,357
Ending balance: individually evaluated for impairment	330	387
Ending balance: collectively evaluated for impairment	5,935	5,725
Ending balance: loans acquired with deteriorated credit quality	1	2
FINANCING RECEIVABLES:
Ending balance	685,878	621,926
Ending balance: individually evaluated for impairment	2,136	1,843
Ending balance: collectively evaluated for impairment	683,742	620,083
Agricultural Real Estate [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	184	131
Provision (Credit)	27	53
Ending Balance	211	184	131
Ending balance: collectively evaluated for impairment	211	184
FINANCING RECEIVABLES:
Ending balance	58,463	50,895
Ending balance: individually evaluated for impairment	63
Ending balance: collectively evaluated for impairment	58,400	50,895
Agricultural [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	547	326
Recoveries	64	44
Provision (Credit)	(29)	177
Ending Balance	582	547	326
Ending balance: individually evaluated for impairment		25
Ending balance: collectively evaluated for impairment	582	522
FINANCING RECEIVABLES:
Ending balance	82,762	74,611
Ending balance: individually evaluated for impairment		25
Ending balance: collectively evaluated for impairment	82,762	74,586
Commercial And Industrial and Industrial Development Bonds [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	1,421	1,359
Charge Offs	(536)
Recoveries	91	20
Provision (Credit)	253	42
Ending Balance	1,229	1,421	1,359
Ending balance: individually evaluated for impairment	114	204
Ending balance: collectively evaluated for impairment	1,115	1,217
FINANCING RECEIVABLES:
Ending balance	106,689	104,824
Ending balance: individually evaluated for impairment	182	327
Ending balance: collectively evaluated for impairment	106,507	104,497
Unfunded Loan Commitment & Letters of Credit [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	207	163
Other Non-interest expense related to unfunded	1	44
Ending Balance	208	207	163
Ending balance: collectively evaluated for impairment	208	207
Receivables Acquired with Deteriorated Credit Quality [Member]
FINANCING RECEIVABLES:
Ending balance: loans acquired with deteriorated credit quality	507	526
Consumer Real Estate [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	537	257
Charge Offs	(38)	(168)
Recoveries	41	34
Provision (Credit)	(202)	414
Ending Balance	338	537	257
Ending balance: individually evaluated for impairment	64	36
Ending balance: collectively evaluated for impairment	274	501
Ending balance: loans acquired with deteriorated credit quality	1	2
FINANCING RECEIVABLES:
Ending balance	87,947	97,550
Ending balance: individually evaluated for impairment	431	301
Ending balance: collectively evaluated for impairment	87,516	97,249
Consumer Real Estate [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
FINANCING RECEIVABLES:
Ending balance: loans acquired with deteriorated credit quality	507	526
Commercial Real Estate [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	2,367	2,107
Charge Offs	(143)	(229)
Recoveries	204	4
Provision (Credit)	88	485
Ending Balance	2,516	2,367	2,107
Ending balance: individually evaluated for impairment	152	111
Ending balance: collectively evaluated for impairment	2,364	2,256
FINANCING RECEIVABLES:
Ending balance	322,230	270,188
Ending balance: individually evaluated for impairment	1,460	1,179
Ending balance: collectively evaluated for impairment	320,770	269,009
Consumer [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	323	292
Charge Offs	(313)	(381)
Recoveries	157	196
Provision (Credit)	170	216
Ending Balance	337	323	292
Ending balance: individually evaluated for impairment		11
Ending balance: collectively evaluated for impairment	337	312
FINANCING RECEIVABLES:
Ending balance	27,787	23,858
Ending balance: individually evaluated for impairment		11
Ending balance: collectively evaluated for impairment	27,787	23,847
Unallocated [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	526	722
Provision (Credit)	318	(196)
Ending Balance	844	526	$ 722
Ending balance: collectively evaluated for impairment	$ 844	$ 526

Premises and Equipment - Major

Premises and Equipment - Major Categories of Banking Premises and Equipment and Accumulated Depreciation (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Premises and Equipment (Gross)	$ 39,702	$ 38,368
Less: Accumulated depreciation	(19,115)	(18,068)
Premises and Equipment (Net)	20,587	20,300
Land [Member]
Property, Plant and Equipment [Line Items]
Premises and Equipment (Gross)	5,647	4,984
Buildings [Member]
Property, Plant and Equipment [Line Items]
Premises and Equipment (Gross)	21,943	21,955
Furnishings [Member]
Property, Plant and Equipment [Line Items]
Premises and Equipment (Gross)	11,783	$ 11,429
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Premises and Equipment (Gross)	$ 329

Premises and Equipment - Majo71

Premises and Equipment - Major Categories of Banking Premises and Equipment and Accumulated Depreciation (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2015
Buildings [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	15 years
Buildings [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	39 years
Furnishings [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Furnishings [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	15 years

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Depreciation Expenses	$ 1,400	$ 1,300	$ 1,200
Construction in Progress [Member] | Indiana [Member]
Property, Plant and Equipment [Line Items]
Additional costs anticipated in construction of building	$ 722

Servicing - Additional Informat

Servicing - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Transfers and Servicing [Abstract]
Loans serviced for others unpaid principal amount	$ 275.6	$ 275.5
Capitalized service right assets included in other assets	2.1	2
Fair market value of the capitalized servicing rights	$ 2.7	$ 2.9
Prepayment rate	11.00%	9.60%
Discount yield	6.52%	6.48%

Servicing - Summary of Mortgage

Servicing - Summary of Mortgage Servicing Rights Capitalized and Amortized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Servicing Assets at Fair Value [Line Items]
Beginning Year	$ 2,023
End of Year	2,056	$ 2,023
Mortgage Servicing Rights [Member]
Servicing Assets at Fair Value [Line Items]
Beginning Year	2,023	2,066
Capitalized Additions	407	301
Amortization	(374)	(344)
Valuation Allowance	0	0
End of Year	$ 2,056	$ 2,023

Deposits - Time Deposits (Detai

Deposits - Time Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Time Deposits [Abstract]
Time deposits under $100,000	$ 103,424	$ 113,903
Time deposits of $100,000 or more	80,861	81,597
Total	$ 184,285	$ 195,500

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities for Time Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Maturities of Time Deposits [Abstract]
2,016	$ 89,862
2,017	28,002
2,018	32,380
2,019	15,515
2,020	17,682
thereafter	844
Total	$ 184,285	$ 195,500

Securities Sold Under Agreeme77

Securities Sold Under Agreement to Repurchase - Additional Information (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Fees And Commissions Income [Abstract]
Securities to be used as collateral for the underlying repurchase agreements	$ 65.8	$ 65.3
Federal funds purchased	22
Securities sold under agreements to repurchase	$ 56.8

Securities Sold Under Agreeme78

Securities Sold Under Agreement to Repurchase - Daily Securities Sold under Agreement to Repurchase (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amount Outstanding at End of Period	$ 56,800
Daily Securities Sold Under Agreement to Repurchase [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amount Outstanding at End of Period	$ 39,691	$ 38,493
Weighted Average Rate End of Period	0.08%	0.08%
Maximum Amount Borrowings Outstanding Month End	$ 46,564	$ 46,475
Approximate Average Outstanding in Period	$ 39,371	$ 42,222
Approximate Weighted Average Interest Rate For the Period	0.08%	0.09%
Term CDs Sold Under Agreement to Repurchase [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amount Outstanding at End of Period	$ 17,124	$ 17,469
Weighted Average Rate End of Period	2.00%	1.25%
Maximum Amount Borrowings Outstanding Month End	$ 17,961	$ 17,469
Approximate Average Outstanding in Period	$ 17,294	$ 17,337
Approximate Weighted Average Interest Rate For the Period	1.62%	1.24%

Securities Sold Under Agreeme79

Securities Sold Under Agreement to Repurchase - Schedule of Remaining Contractual Maturity in Repurchase Agreements (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets Sold under Agreements to Repurchase [Line Items]
Federal funds purchased	$ 22,000
Repurchase agreements, Remaining contractual maturity of the agreements	56,800
Total	78,815	$ 55,962
US Treasury & Agency Securities [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	56,815
Overnight & Continuous [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Federal funds purchased	22,000
Total	61,691
Overnight & Continuous [Member] | US Treasury & Agency Securities [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	39,691
Greater Than 90 Days [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Total	17,124
Greater Than 90 Days [Member] | US Treasury & Agency Securities [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	$ 17,124

Federal Home Loan Bank Advanc80

Federal Home Loan Bank Advances - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Loans	Dec. 31, 2014USD ($)
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total Borrowings	$ 10,000	$ 0
Number of FHLB Loans | Loans	2
Unsecured borrowings through correspondent banks	$ 58,000	58,000
Unpledged securities which could be sold or used as collateral	29,400	71,600
Additional borrowings available from the Federal Home Loan Bank based on current pledging	4,100	15,000
Maximum unsecured borrowing available	$ 118,500	112,600
FHLB Loan One [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rate of loans	1.61%
FHLB Loan Two [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rate of loans	1.34%
Mortgage Loans at Cost [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Advances, secured by mortgage loans	$ 20,000	$ 20,800

Federal Home Loan Bank Advanc81

Federal Home Loan Bank Advances - Summary of Future Obligations of FHLB Advances (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
2,016	$ 0
2,017	5,000
2,018	5,000
Federal Home Loan Bank (FHLB) Advances	$ 10,000	$ 0

Federal Income Taxes - Componen

Federal Income Taxes - Components of Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current:
Federal									$ 3,941	$ 3,837	$ 3,562
Deferred:
Federal									(122)	34	34
Total	$ 1,049	$ 961	$ 956	$ 853	$ 1,114	$ 1,002	$ 881	$ 874	$ 3,819	$ 3,871	$ 3,596

Federal Income Taxes - Reconcil

Federal Income Taxes - Reconciliation of the Statutory Federal Income Tax Rate to the Effective Tax Rate (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income tax at statutory rates									$ 4,792	$ 4,596	$ 4,285
Decrease resulting from:
Tax exempt interest									(554)	(634)	(640)
Change in prior estimates and other									(419)	(91)	(49)
Total	$ 1,049	$ 961	$ 956	$ 853	$ 1,114	$ 1,002	$ 881	$ 874	$ 3,819	$ 3,871	$ 3,596

Federal Income Taxes - Compon84

Federal Income Taxes - Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Tax Assets:
Allowance for loan losses	$ 2,080	$ 2,030
Other	528	416
Total deferred tax assets	2,608	2,446
Deferred Tax Liabilities:
Accreted discounts on bonds	100	83
FHLB stock dividends	745	746
Mortgage servicing rights	706	696
Other	1,389	1,160
Net unrealized gain on available-for-sale securities	109	229
Total deferred tax liabilities	3,049	2,914
Net Deferred Tax Liability	$ (441)	$ (468)

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Employeesshares	Dec. 31, 2014USD ($)Employeesshares	Dec. 31, 2013USD ($)Employeesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum percentage of eligible compensation on a pre-tax basis for eligible employees to save	1.00%
Employee contribution matching percentage	50.00%
Percentage of total eligible compensation, contribution by Bank, maximum limit	4.00%
Vesting percentage in participant's deferral contributions and employer matching contributions	100.00%
Vesting period	6 years
Employer matching contribution and the discretionary contribution | $	$ 835	$ 779	$ 670
Restricted stock awards, shares issued	16,000	13,250	11,000
Expense for restricted stock awards | $	$ 314	$ 232	$ 253
Awards grants originated in 2012, 2013 and 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of employees, received the stock | Employees	1
One employee received shares from awards granted due to retirement	250
Number of shares paid to estate of deceased employee	325
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Stock issued to number of employees | Employees	67	61	53
Shares vest under the plan	100.00%	100.00%	100.00%
Shares forfeited due to employee termination	100	780	620
Number of shares vested	10,295	10,970	9,160
Number of employees, received the stock | Employees	45	48	45
Compensation expense | $	$ 286	$ 252	$ 235
Unrecognized compensation cost related to the nonvested portion of restricted stock awards under the plan | $	$ 591
Restricted Stock Awards [Member] | 2010 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested			9,160
Restricted Stock Awards [Member] | 2011 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested		10,005
Restricted Stock Awards [Member] | 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested	9,720

Employee Benefit Plans - Activi

Employee Benefit Plans - Activity of Restricted Stock Awards (Detail) - Restricted Stock Awards [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of Shares, Beginning of period	33,390	31,890	30,670
Number of Shares, Granted	16,000	13,250	11,000
Number of Shares, Vested	(10,295)	(10,970)	(9,160)
Number of Shares, Forfeited	(100)	(780)	(620)
Number of Shares, Nonvested, end of period	38,995	33,390	31,890
Weighted average fair value per award, Beginning of period	$ 22.77	$ 20.38	$ 19.05
Weighted average fair value per award, Granted	26.35	25.50	22
Weighted average fair value per award, Vested	26.33	25.39	21.55
Weighted average fair value per award, Forfeited	26.07	24.97	21.84
Weighted average fair value per award, Nonvested, end of period	$ 24.92	$ 22.77	$ 20.38

Earnings Per Share - Calculatio

Earnings Per Share - Calculation of Basic Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Net income	$ 2,772	$ 2,620	$ 2,597	$ 2,351	$ 2,661	$ 2,474	$ 2,553	$ 1,958	$ 10,340	$ 9,646	$ 9,007
Less: distributed earnings allocated to participating securities									(31)	(27)	(25)
Less: undistributed earnings allocated to participating securities									(47)	(40)	(34)
Net earnings available to common shareholders									$ 10,262	$ 9,579	$ 8,948
Weighted average common shares outstanding including participating securities									4,617,058	4,628,178	4,676,547
Less: average unvested restricted shares									(35,000)	(32,278)	(30,618)
Weighted average common shares outstanding	4,621,122	4,615,379	4,608,453	4,623,322	4,627,338	4,621,298	4,626,309	4,637,172	4,582,058	4,595,900	4,645,929
Basic and diluted earnings per share									$ 2.24	$ 2.08	$ 1.93

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - Directors and Executive Officers [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)SecurityLoan	Dec. 31, 2014USD ($)
Related Party Transaction [Line Items]
Granted loans to affiliate companies	$ 739	$ 1,500
Subsequent advances	8,700
Payment received	9,100
Difference in related borrowings amounts	440
Ownership interest amount	$ 26,300	$ 26,100
Number of new loans approved | SecurityLoan	1

Off Balance Sheet Activities -

Off Balance Sheet Activities - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Allowance for credit losses relates to unfunded loan commitments	$ 208	$ 207

Off Balance Sheet Activities 90

Off Balance Sheet Activities - Outstanding Financial Instruments Whose Contract Amounts Represent Credit Risk (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Standby letters of credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Concentration of Risk	$ 770	$ 694
Commitments to extend credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Concentration of Risk	246,321	212,258
Credit card arrangements [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Concentration of Risk	$ 16,100	$ 15,064

Minimum Regulatory Capital Re91

Minimum Regulatory Capital Requirements - Additional Information (Detail)	Jan. 01, 2019	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of capital to risk-weighted assets		8.00%	8.00%
Minimum leverage ratio calculated as ratio of Tier 1 capital to average quarterly assets		11.91%	11.70%
Scenario, Forecast [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	2.50%
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets	10.50%
Minimum ratio of capital to risk-weighted assets	8.00%
Minimum leverage ratio calculated as ratio of Tier 1 capital to average quarterly assets	4.00%
Capital conservation buffer at base level	0.625%
Regulatory capital requirements phase period	4 years
Scenario, Forecast [Member] | Common Equity Tier 1 Capital [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of capital to risk-weighted assets	4.50%
Capital conservation buffer	2.50%
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets	7.00%
Scenario, Forecast [Member] | Tier 1 Capital [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of capital to risk-weighted assets	6.00%
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets	8.50%

Minimum Regulatory Capital Re92

Minimum Regulatory Capital Requirements - Summary of Bank's Actual and Required Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Equity Tier 1 Capital to Risk Weighted Assets Actual, Amount	$ 115,386
Common Equity Tier 1 Capital to Risk Weighted Assets Actual, Ratio	14.18%
Common Equity Tier 1 Capital For Capital Adequacy Purposes, Amount	$ 36,626
Common Equity Tier 1 Capital to Risk Weighted Assets For Capital Adequacy Purposes, Ratio	4.50%
Total Risk-Based Capital to Risk Weighted Assets Actual, Amount	$ 121,651	$ 114,702
Tier 1 Capital to Risk Weighted Assets Actual, Amount	115,386	108,590
Tier 1 leverage Capital to Adjusted Total Assets Actual, Amount	$ 115,386	$ 108,590
Total Risk-Based Capital to Risk Weighted Assets Actual, Ratio	14.95%	16.68%
Tier 1 Capital to Risk Weighted Assets Actual, Ratio	14.18%	15.79%
Tier 1 leverage Capital to Adjusted Total Assets Actual, Ratio	11.91%	11.70%
Total Risk-Based Capital to Risk Weighted Assets For Capital Adequacy Purposes, Amount	$ 65,113	$ 55,028
Tier 1 Capital to Risk Weighted Assets For Capital Adequacy Purposes, Amount	48,834	27,514
Tier 1 leverage Capital to Adjusted Total Assets For Capital Adequacy Purposes, Amount	$ 38,752	$ 37,111
Total Risk-Based Capital to Risk Weighted Assets For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Tier 1 Capital to Risk Weighted Assets For Capital Adequacy Purposes, Ratio	6.00%	4.00%
Tier 1 leverage Capital to Adjusted Total Assets For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Farmers & Merchants State Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Equity Tier 1 Capital to Risk Weighted Assets Actual, Amount	$ 96,231
Common Equity Tier 1 Capital to Risk Weighted Assets Actual, Ratio	11.87%
Common Equity Tier 1 Capital For Capital Adequacy Purposes, Amount	$ 36,494
Common Equity Tier 1 Capital to Risk Weighted Assets For Capital Adequacy Purposes, Ratio	4.50%
Common Equity Tier 1 Capital to Risk Weighted Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Amount	$ 52,714
Common Equity Tier 1 Capital to Risk Weighted Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Ratio	6.50%
Total Risk-Based Capital to Risk Weighted Assets Actual, Amount	$ 102,496	$ 98,154
Tier 1 Capital to Risk Weighted Assets Actual, Amount	96,231	92,042
Tier 1 leverage Capital to Adjusted Total Assets Actual, Amount	$ 96,231	$ 92,042
Total Risk-Based Capital to Risk Weighted Assets Actual, Ratio	12.64%	14.35%
Tier 1 Capital to Risk Weighted Assets Actual, Ratio	11.87%	13.46%
Tier 1 leverage Capital to Adjusted Total Assets Actual, Ratio	10.12%	10.01%
Total Risk-Based Capital to Risk Weighted Assets For Capital Adequacy Purposes, Amount	$ 64,879	$ 54,710
Tier 1 Capital to Risk Weighted Assets For Capital Adequacy Purposes, Amount	48,689	27,355
Tier 1 leverage Capital to Adjusted Total Assets For Capital Adequacy Purposes, Amount	$ 38,019	$ 36,785
Total Risk-Based Capital to Risk Weighted Assets For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Tier 1 Capital to Risk Weighted Assets For Capital Adequacy Purposes, Ratio	6.00%	4.00%
Tier 1 leverage Capital to Adjusted Total Assets For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Total Risk-Based Capital to Risk Weighted Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Amount	$ 81,099	$ 68,388
Tier 1 Capital to Risk Weighted Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Amount	64,879	41,033
Tier 1 leverage Capital to Adjusted Total Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Amount	$ 47,524	$ 45,981
Total Risk-Based Capital to Risk Weighted Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 Capital to Risk Weighted Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Ratio	8.00%	6.00%
Tier 1 leverage Capital to Adjusted Total Assets To Be Well Capitalized Under the Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

Restrictions of Dividends & I93

Restrictions of Dividends & Inter-company Borrowings - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Equity [Abstract]
Dividends may be paid without prior regulatory approval	$ 12.3

Fair Value of Financial Instr94

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest-bearing deposits maturing date	90 days
Collateral dependent impaired loans categorized as Level 3	$ 2,136,000	$ 1,843,000
Specific allocation for collateral dependent impaired loans	330,000	387,000
Asset impairment charges	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans categorized as Level 3	$ 1,800,000	$ 1,500,000

Fair Value of Financial Instr95

Fair Value of Financial Instruments - Estimated Fair Values and Related Carrying or Notional Amounts (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financial Assets:
Cash and Cash Equivalents	$ 22,018	$ 24,295	$ 19,263	$ 44,092
Securities-available for sale	235,115	248,492
Loans, net	679,821	616,021
Financial Liabilities:
Non-interest bearing Deposits	171,112	164,009
Time Deposits	184,285	195,500
Total deposits	771,339	762,560
Federal Funds purchased and Securities sold under agreement to repurchase	78,815	55,962
Federal Home Loan Bank advances	10,000	0
Carrying Amount [Member]
Financial Assets:
Cash and Cash Equivalents	22,018	24,295
Securities-available for sale	235,115	248,492
Other Securities	3,717	3,717
Loans, net	679,821	616,021
Interest receivable	3,589	3,578
Financial Liabilities:
Interest bearing Deposits	415,942	403,051
Non-interest bearing Deposits	171,112	164,009
Time Deposits	184,285	195,500
Total deposits	771,339	762,560
Federal Funds purchased and Securities sold under agreement to repurchase	78,815	55,962
Federal Home Loan Bank advances	10,000
Interest payable	185	207
Fair Value [Member]
Financial Assets:
Cash and Cash Equivalents	22,018	24,295
Securities-available for sale	235,115	248,492
Other Securities	3,717	3,717
Loans, net	683,332	625,377
Interest receivable	3,589	3,578
Financial Liabilities:
Interest bearing Deposits	415,942	403,801
Non-interest bearing Deposits	171,112	164,009
Time Deposits	184,308	196,545
Total deposits	771,362	764,355
Federal Funds purchased and Securities sold under agreement to repurchase	78,815	55,962
Federal Home Loan Bank advances	9,986
Interest payable	185	207
Level 1 [Member]
Financial Assets:
Cash and Cash Equivalents	22,018	24,295
Securities-available for sale	38,505	25,393
Level 2 [Member]
Financial Assets:
Securities-available for sale	189,258	215,168
Financial Liabilities:
Non-interest bearing Deposits	171,112	164,009
Total deposits	171,112	164,009
Level 3 [Member]
Financial Assets:
Securities-available for sale	7,352	7,931
Other Securities	3,717	3,717
Loans, net	683,332	625,377
Interest receivable	3,589	3,578
Financial Liabilities:
Interest bearing Deposits	415,942	403,801
Time Deposits	184,308	196,545
Total deposits	600,250	600,346
Federal Funds purchased and Securities sold under agreement to repurchase	78,815	55,962
Federal Home Loan Bank advances	9,986
Interest payable	$ 185	$ 207

Fair Value of Financial Instr96

Fair Value of Financial Instruments - Financial Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	$ 235,115	$ 248,492
U.S. Treasury [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	38,505	25,393
U.S. Government Agencies [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	98,220	119,234
Mortgage-backed Securities [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	26,324	29,562
State and Local Governments [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	72,066	74,303
Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	38,505	25,393
Level 1 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	38,505	25,393
Level 1 [Member] | U.S. Treasury [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	38,505	25,393
Level 2 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	189,258	215,168
Level 2 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	189,258	215,168
Level 2 [Member] | U.S. Government Agencies [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	98,220	119,234
Level 2 [Member] | Mortgage-backed Securities [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	26,324	29,562
Level 2 [Member] | State and Local Governments [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	64,714	66,372
Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	7,352	7,931
Level 3 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	7,352	7,931
Level 3 [Member] | State and Local Governments [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	7,352	7,931	$ 10,346
Level 3 [Member] | State and Local Governments [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Securities Available for Sale	$ 7,352	$ 7,931

Fair Value of Financial Instr97

Fair Value of Financial Instruments - Changes in the Level 3 Fair Value Category of Unobservable Inputs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 248,492
Purchases	60,925		$ 103,320
Sales	47,029	$ 57,928	91,039
Ending Balance	235,115	248,492
State and Local Governments [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	74,303
Ending Balance	72,066	74,303
Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	7,931
Ending Balance	7,352	7,931
Level 3 [Member] | State and Local Governments [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	7,931	10,346
Change in Market Value	(104)	(1,355)
Purchases	0	0
Sales	0	0
Payments & Maturities	(475)	(1,060)
Ending Balance	7,352	7,931	10,346
Level 3 [Member] | State and Local Governments [Member] | Tax - Exempt [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	6,638	8,802
Change in Market Value	(259)	(1,104)
Purchases	0	0
Sales	0	0
Payments & Maturities	(475)	(1,060)
Ending Balance	5,904	6,638	8,802
Level 3 [Member] | State and Local Governments [Member] | Taxable [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	1,293	1,544
Change in Market Value	155	(251)
Purchases	0	0
Sales	0	0
Ending Balance	$ 1,448	$ 1,293	$ 1,544

Fair Value of Financial Instr98

Fair Value of Financial Instruments - Collateral Dependent Impaired Loans and Other Real Estate (Detail) - Fair Value on Nonrecurring Basis [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Change in fair value of assets	$ (49)	$ (208)
Collateral Dependent Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	549	781
Change in fair value of assets	(17)	(168)
Other Real Estate Owned - Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Change in fair value of assets		(40)
Other Real Estate Owned - Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	216
Change in fair value of assets	(32)
Level 3 [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	549	781
Level 3 [Member] | Other Real Estate Owned - Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total		$ 44
Level 3 [Member] | Other Real Estate Owned - Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	$ 216

Fair Value of Financial Instr99

Fair Value of Financial Instruments - Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
State and Local Governments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 7,352	$ 7,931
Collateral Dependent Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	549	782
Other Real Estate Owned - Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 44
Other Real Estate Owned - Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 216
Minimum [Member] | State and Local Governments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average	0.00%	0.00%
Minimum [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average	0.00%	0.00%
Minimum [Member] | Other Real Estate Owned - Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average		0.00%
Minimum [Member] | Other Real Estate Owned - Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average	0.00%
Maximum [Member] | State and Local Governments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average	5.00%	5.00%
Maximum [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average	50.00%	50.00%
Maximum [Member] | Other Real Estate Owned - Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average		20.00%
Maximum [Member] | Other Real Estate Owned - Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted Average	20.00%

Condensed Financial Statemen100

Condensed Financial Statements of Parent Company - Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related party receivables:
Total Assets	$ 989,068	$ 941,213
Liabilities
Dividends payable	1,007	965
Total liabilities	868,971	826,720
Stockholders' Equity	120,097	114,493	$ 108,617	$ 110,489
Total Liabilities and Stockholders' Equity	989,068	941,213
Farmers & Merchants State Bank [Member]
Assets
Cash	787	302
Related party receivables:
Dividends & Accounts receivable from subsidiaries	1,730	2,227
Accrued interest receivable Municipals	63	58
Securities-Municipals	16,388	14,998
Investment in subsidiaries	102,178	98,088
Total Assets	121,146	115,673
Liabilities
Accrued expenses	42	215
Dividends payable	1,007	965
Total liabilities	1,049	1,180
Stockholders' Equity	120,097	114,493
Total Liabilities and Stockholders' Equity	$ 121,146	$ 115,673

Condensed Financial Statemen101

Condensed Financial Statements of Parent Company - Statements of Income and Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income
Interest									$ 29,293	$ 28,070	$ 24,978
Interest Municipals									1,739	2,037	2,080
Gain on sales of available-for-sale securities									451	494	775
Total interest income	$ 8,733	$ 8,444	$ 8,289	$ 8,184	$ 8,519	$ 8,471	$ 8,304	$ 8,159	33,650	33,453	31,428
Income Before Income Taxes and Equity in Undistributed Earnings of Subsidiaries	3,821	3,581	3,553	3,204	3,775	3,476	3,434	2,832
Income Taxes (Benefit)	1,049	961	956	853	1,114	1,002	881	874	3,819	3,871	3,596
Net Income	$ 2,772	$ 2,620	$ 2,597	$ 2,351	$ 2,661	$ 2,474	$ 2,553	$ 1,958	10,340	9,646	9,007
Other Comprehensive Income (Loss):
Unrealized gains (losses) on securities									100	1,158	(8,448)
Comprehensive Income									10,108	10,084	2,920
Farmers & Merchants State Bank [Member]
Income
Dividends from subsidiaries									6,220	5,725	3,830
Interest											566
Interest Municipals									219	215	30
Gain on sales of available-for-sale securities									124
Total interest income									6,563	5,940	4,426
Operating Expenses									677	577	304
Income Before Income Taxes and Equity in Undistributed Earnings of Subsidiaries									5,886	5,363	4,122
Income Taxes (Benefit)									(188)	(196)	89
Income from operation before equity in undistributed earnings of subsidiary									6,074	5,559	4,033
Equity in undistributed earnings of Subsidiaries									4,266	4,087	4,974
Net Income									10,340	9,646	9,007
Other Comprehensive Income (Loss):
Unrealized gains (losses) on securities									(232)	438	(6,087)
Comprehensive Income									$ 10,108	$ 10,084	$ 2,920

Condensed Financial Statemen102

Condensed Financial Statements of Parent Company - Statements of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows from Operating Activities
Net income	$ 2,772	$ 2,620	$ 2,597	$ 2,351	$ 2,661	$ 2,474	$ 2,553	$ 1,958	$ 10,340	$ 9,646	$ 9,007
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Gain on Sale of Available for Sale Securities									(451)	(494)	(775)
Changes in Assets and Liabilities:
Other Assets and Liabilities									1,275	971	1,520
Net cash provided by operating activities									14,809	19,163	16,993
Activity in available for sale securities:
Maturities, prepayments and calls									26,059	17,817	33,228
Sales									47,029	57,928	91,039
Purchases									(60,925)		(103,320)
Net cash provided by (used in) investing activities									(53,972)	22,507	(31,957)
Cash Flows from Financing Activities
Payment of dividends									(3,943)	(3,864)	(3,719)
Purchase of Treasury Stock									(803)	(576)	(1,236)
Net cash provided by (used in) financing activities									36,886	(36,638)	(9,865)
Net Change in Cash and Cash Equivalents									(2,277)	5,032	(24,829)
Farmers & Merchants State Bank [Member]
Cash Flows from Operating Activities
Net income									10,340	9,646	9,007
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Equity in undistributed net income (Distributions in excess earnings) of subsidiaries									(4,266)	(4,087)	(4,974)
Accretion & Amortization of Securities									152	146	21
Gain on Sale of Available for Sale Securities									(124)
Changes in Assets and Liabilities:
Dividends receivable									475	(1,025)	(10)
Other Assets and Liabilities									156	(12)	52
Net cash provided by operating activities									6,733	4,668	4,096
Cash Flows from Investing Activities
Investing in Subsidiaries										(250)
Activity in available for sale securities:
Maturities, prepayments and calls									1,000
Sales									6,282
Purchases									(8,784)		(14,992)
Repayment of Subsidiary Subordinated Debt											15,000
Net cash provided by (used in) investing activities									(1,502)	(250)	8
Cash Flows from Financing Activities
Payment of dividends									(3,943)	(3,862)	(3,719)
Purchase of Treasury Stock									(803)	(576)	(1,236)
Net cash provided by (used in) financing activities									(4,746)	(4,438)	(4,955)
Net Change in Cash and Cash Equivalents									485	(20)	(851)
Cash and Cash Equivalents
Cash and Cash Equivalents - Beginning of Year				$ 302				$ 322	302	322	1,173
Cash and Cash Equivalents - End of Year	$ 787				$ 302				$ 787	$ 302	$ 322

Quarterly Financial Data - Summ

Quarterly Financial Data - Summary of Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of Income:
Interest income	$ 8,733	$ 8,444	$ 8,289	$ 8,184	$ 8,519	$ 8,471	$ 8,304	$ 8,159	$ 33,650	$ 33,453	$ 31,428
Interest expense	923	935	871	858	907	895	970	944	3,587	3,716	4,604
Net Interest Income	7,810	7,509	7,418	7,326	7,612	7,576	7,334	7,215	30,063	29,737	26,824
Provision for loan loss	85	243	183	114	37	282	444	428	625	1,191	858
Net interest income after provision for loan loss	7,725	7,266	7,235	7,212	7,575	7,294	6,890	6,787	29,438	28,546	25,966
Other income (expense)	(3,904)	(3,685)	(3,682)	(4,008)	(3,800)	(3,818)	(3,456)	(3,955)
Net income before income taxes	3,821	3,581	3,553	3,204	3,775	3,476	3,434	2,832
Income Taxes	1,049	961	956	853	1,114	1,002	881	874	3,819	3,871	3,596
Net income	$ 2,772	$ 2,620	$ 2,597	$ 2,351	$ 2,661	$ 2,474	$ 2,553	$ 1,958	$ 10,340	$ 9,646	$ 9,007
Earnings per common share	$ 0.60	$ 0.57	$ 0.56	$ 0.51	$ 0.57	$ 0.54	$ 0.55	$ 0.42
Average common shares outstanding	4,621,122	4,615,379	4,608,453	4,623,322	4,627,338	4,621,298	4,626,309	4,637,172	4,582,058	4,595,900	4,645,929