Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2018 | Feb. 14, 2019 | Jun. 30, 2018 | |
Document Information [Line Items] | |||
Entity Registrant Name | CITIZENS & NORTHERN CORP | ||
Entity Central Index Key | 810,958 | ||
Trading Symbol | cznc | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Filer Category | Accelerated Filer | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Emerging Growth Company | false | ||
Entity Small Business | true | ||
Entity Common Stock, Shares Outstanding (in shares) | 12,392,682 | ||
Entity Public Float | $ 308,413,394 | ||
Document Type | 10-K | ||
Document Period End Date | Dec. 31, 2018 | ||
Document Fiscal Year Focus | 2,018 | ||
Document Fiscal Period Focus | FY | ||
Amendment Flag | false | ||
Entity Shell Company | false |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
ASSETS | ||
Noninterest-bearing | $ 20,970,000 | $ 25,664,000 |
Interest-bearing | 16,517,000 | 14,580,000 |
Total cash and due from banks | 37,487,000 | 40,244,000 |
Available-for-sale debt securities, at fair value | 363,273,000 | 355,937,000 |
Marketable equity security | 950,000 | 971,000 |
Loans held for sale | 213,000 | 765,000 |
Loans receivable | 827,563,000 | 815,713,000 |
Allowance for loan losses | (9,309,000) | (8,856,000) |
Loans, net | 818,254,000 | 806,857,000 |
Bank-owned life insurance | 19,035,000 | 20,083,000 |
Accrued interest receivable | 3,968,000 | 4,048,000 |
Bank premises and equipment, net | 14,592,000 | 15,432,000 |
Foreclosed assets held for sale | 1,703,000 | 1,598,000 |
Deferred tax asset, net | 4,110,000 | 3,289,000 |
Intangible assets - Goodwill and core deposit intangibles | 11,951,000 | 11,954,000 |
Other assets | 15,357,000 | 15,781,000 |
TOTAL ASSETS | 1,290,893,000 | 1,276,959,000 |
LIABILITIES | ||
Noninterest-bearing | 272,520,000 | 241,214,000 |
Interest-bearing | 761,252,000 | 767,235,000 |
Total deposits | 1,033,772,000 | 1,008,449,000 |
Short-term borrowings | 12,853,000 | 61,766,000 |
Long-term borrowings | 35,915,000 | 9,189,000 |
Accrued interest and other liabilities | 10,985,000 | 9,112,000 |
TOTAL LIABILITIES | 1,093,525,000 | 1,088,516,000 |
STOCKHOLDERS' EQUITY | ||
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued | 0 | 0 |
Common stock, par value $1.00 per share; authorized 20,000,000 shares; issued 12,655,171; outstanding 12,319,330 at December 31, 2018 and 12,214,525 December 31, 2017 | 12,655,000 | 12,655,000 |
Paid-in capital | 72,602,000 | 72,035,000 |
Retained earnings | 122,643,000 | 113,608,000 |
Treasury stock, at cost; 335,841 shares at December 31, 2018 and 440,646 shares at December 31, 2017 | (6,362,000) | (8,348,000) |
Accumulated other comprehensive loss | (4,170,000) | (1,507,000) |
TOTAL STOCKHOLDERS' EQUITY | 197,368,000 | 188,443,000 |
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY | $ 1,290,893,000 | $ 1,276,959,000 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parentheticals) - $ / shares | Dec. 31, 2018 | Dec. 31, 2017 |
Preferred stock, par value (in dollars per share) | $ 1,000 | $ 1,000 |
Preferred stock, authorized shares (in shares) | 30,000 | 30,000 |
Preferred stock, liquidation preference per share (in dollars per share) | $ 1,000 | $ 1,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 1 | $ 1 |
Common stock, shares authorized (in shares) | 20,000,000 | 20,000,000 |
Common stock, shares issued (in shares) | 12,655,171 | 12,655,171 |
Common stock, shares outstanding (in shares) | 12,319,330 | 12,214,525 |
Treasury stock, shares (in shares) | 335,841 | 440,646 |
Consolidated Statements of Inco
Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | ||
Interest and fees on loans: | |||
Taxable | $ 38,667 | $ 34,907 | |
Tax-exempt | 2,242 | 2,037 | |
Interest on mortgages held for sale | 14 | 25 | |
Interest on balances with depository institutions | 415 | 190 | |
Income from available-for-sale debt securities: | |||
Taxable | 6,189 | 5,478 | |
Tax-exempt | 2,779 | 3,205 | |
Dividends on marketable equity security | 22 | 21 | |
Total interest and dividend income | 50,328 | 45,863 | |
INTEREST EXPENSE | |||
Interest on deposits | 3,702 | 2,403 | |
Interest on short-term borrowings | 366 | 213 | |
Interest on long-term borrowings | 557 | 1,299 | |
Total interest expense | 4,625 | 3,915 | |
Net interest income | 45,703 | 41,948 | |
Provision for loan losses | 584 | 801 | |
Net interest income after provision for loan losses | 45,119 | 41,147 | |
NONINTEREST INCOME | |||
Brokerage revenue | 1,018 | 797 | |
Insurance commissions, fees and premiums | 105 | 115 | |
Net gains from sale of loans | 682 | 818 | |
Increase in cash surrender value of life insurance | 394 | 379 | |
Other noninterest income | 2,153 | 1,275 | |
Sub-total | 18,597 | 16,153 | |
Gain on restricted equity security | 2,321 | 0 | |
Realized (losses) gains on available-for-sale debt securities, net | (288) | 257 | |
Total noninterest income | 20,630 | 16,410 | |
NONINTEREST EXPENSE | |||
Salaries and wages | 17,191 | 15,806 | |
Pensions and other employee benefits | 5,259 | 5,348 | |
Occupancy expense, net | 2,497 | 2,340 | |
Furniture and equipment expense | 1,196 | 1,299 | |
Data processing expenses | 2,750 | 2,406 | |
Automated teller machine and interchange expense | 1,304 | 1,284 | |
Pennsylvania shares tax | 1,318 | 1,329 | |
Professional fees | 1,140 | 872 | |
Telecommunications | 748 | 575 | |
Directors' fees | 706 | 720 | |
Other noninterest expense | 5,377 | 4,988 | |
Total noninterest expense | 39,486 | 36,967 | |
Income before income tax provision | 26,263 | 20,590 | |
Total provision | 4,250 | 7,156 | |
NET INCOME | $ 22,013 | $ 13,434 | |
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) | [1] | $ 1.79 | $ 1.10 |
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) | [1] | $ 1.79 | $ 1.10 |
Trust and Asset Management [Member] | |||
NONINTEREST INCOME | |||
Revenue | $ 5,838 | $ 5,399 | |
Deposit Account [Member] | |||
NONINTEREST INCOME | |||
Revenue | 5,171 | 4,560 | |
Service Charges and Fees [Member] | |||
NONINTEREST INCOME | |||
Revenue | 343 | 345 | |
Debit Card [Member] | |||
NONINTEREST INCOME | |||
Revenue | 2,546 | 2,221 | |
Bank Servicing [Member] | |||
NONINTEREST INCOME | |||
Revenue | $ 347 | $ 244 | |
[1] | Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Net income | $ 22,013 | $ 13,434 |
Unrealized losses on available-for-sale securities: | ||
Unrealized holding losses on available-for-sale securities | (3,392) | (691) |
Reclassification adjustment for losses (gains) realized in income | 288 | (257) |
Other comprehensive loss on available-for-sale securities | (3,104) | (948) |
Unfunded pension and postretirement obligations: | ||
Changes from plan amendments and actuarial gains and losses included in accumulated other comprehensive gain | 101 | 36 |
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost | (17) | (24) |
Other comprehensive gain on unfunded retirement obligations | 84 | 12 |
Other comprehensive loss before income tax | (3,020) | (936) |
Income tax related to other comprehensive loss | 634 | 327 |
Net other comprehensive loss | (2,386) | (609) |
Comprehensive income | $ 19,627 | $ 12,825 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands | Common Stock [Member] | Treasury Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Total | |
Balance (in shares) at Dec. 31, 2016 | 12,655,171 | 541,943 | |||||
Balance at Dec. 31, 2016 | $ 12,655 | $ (10,269) | $ 71,730 | $ 112,790 | $ (898) | $ 186,008 | |
Net income | 13,434 | 13,434 | |||||
Other comprehensive income (loss), net | (609) | (609) | |||||
Cash dividends declared on common stock | (12,616) | (12,616) | |||||
Shares issued for dividend reinvestment plan (in shares) | (63,066) | ||||||
Shares issued for dividend reinvestment plan | $ 1,195 | 276 | $ 1,471 | ||||
Shares issued from treasury and redeemed related to exercise of stock options (in shares) | (11,780) | (24,976) | |||||
Shares issued from treasury and redeemed related to exercise of stock options | $ 227 | (100) | $ 127 | ||||
Restricted stock granted (in shares) | (30,782) | ||||||
Restricted stock granted | $ 583 | (583) | 0 | ||||
Forfeiture of restricted stock (in shares) | 4,406 | ||||||
Forfeiture of restricted stock | $ 85 | 85 | 0 | ||||
Forfeiture of restricted stock | $ (85) | (85) | 0 | ||||
Stock-based compensation expense | 627 | 627 | |||||
Other stock-based expense (in shares) | (75) | ||||||
Other stock-based expense | $ 1 | 1 | |||||
Balance (in shares) at Dec. 31, 2017 | 12,655,171 | 440,646 | |||||
Balance at Dec. 31, 2017 | $ 12,655 | $ (8,348) | 72,035 | 113,608 | (1,507) | 188,443 | |
Net income | 22,013 | 22,013 | |||||
Other comprehensive income (loss), net | (2,386) | (2,386) | |||||
Cash dividends declared on common stock | (13,255) | (13,255) | |||||
Shares issued for dividend reinvestment plan (in shares) | (59,330) | ||||||
Shares issued for dividend reinvestment plan | $ 1,124 | 385 | $ 1,509 | ||||
Shares issued from treasury and redeemed related to exercise of stock options (in shares) | (18,862) | (41,210) | |||||
Shares issued from treasury and redeemed related to exercise of stock options | $ 355 | (166) | $ 189 | ||||
Restricted stock granted (in shares) | (34,552) | ||||||
Restricted stock granted | $ 655 | (655) | 0 | ||||
Forfeiture of restricted stock (in shares) | 7,939 | ||||||
Forfeiture of restricted stock | $ 148 | 148 | 0 | ||||
Forfeiture of restricted stock | $ (148) | (148) | 0 | ||||
Stock-based compensation expense | 855 | 855 | |||||
Impact of accounting standards change (Accounting Standards Update 2018-02 Member) at Dec. 31, 2017 | [1] | 325 | (325) | 0 | |||
Impact of accounting standards change (Accounting Standards Update 2017-08 [Member]) at Dec. 31, 2017 | [2] | (26) | 26 | 0 | |||
Impact of accounting standards change (Accounting Standards Update 2016-01 [Member]) at Dec. 31, 2017 | [3] | (22) | 22 | 0 | |||
Balance (in shares) at Dec. 31, 2018 | 12,655,171 | 335,841 | |||||
Balance at Dec. 31, 2018 | $ 12,655 | $ (6,362) | $ 72,602 | $ 122,643 | $ (4,170) | $ 197,368 | |
[1] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of Accounting Standards Update (ASU) 2018-02, Reclassification of Certain tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. | ||||||
[2] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20), effective January 1, 2018. | ||||||
[3] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2016-01, Recognition and Measurement of Financial Assets and Liabilities, effective January 1, 2018. |
Consolidated Statements of Ch_2
Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Retained Earnings [Member] | ||
Common stock, dividends, per share (in dollars per share) | $ 1.08 | $ 1.04 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net income | $ 22,013 | $ 13,434 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Provision for loan losses | 584 | 801 |
Realized losses (gains) on available-for-sale securities, net | 288 | (257) |
Unrealized loss on marketable equity security | 21 | 0 |
Gain on restricted equity security | (2,321) | 0 |
Depreciation and amortization expense | 1,754 | 1,639 |
Accretion and amortization on securities, net | 1,044 | 1,157 |
Increase in cash surrender value of life insurance | (394) | (379) |
Stock-based compensation and other expense | 855 | 628 |
Deferred income taxes | (187) | 2,155 |
Decrease in fair value of servicing rights | 83 | 168 |
Gains on sales of loans, net | (682) | (818) |
Origination of loans held for sale | (21,014) | (25,129) |
Proceeds from sales of loans held for sale | 22,060 | 25,119 |
Increase in accrued interest receivable and other assets | (413) | (595) |
Increase in accrued interest payable and other liabilities | 1,957 | 1,312 |
Other | 244 | 139 |
Net Cash Provided by Operating Activities | 25,892 | 19,374 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||
Proceeds from maturities of certificates of deposit | 2,280 | 348 |
Purchase of certificates of deposit | (3,700) | (100) |
Proceeds from sales of available-for-sale securities | 25,860 | 24,118 |
Proceeds from calls and maturities of available-for-sale securities | 52,383 | 63,679 |
Purchase of available-for-sale securities | (90,015) | (51,476) |
Redemption of Federal Home Loan Bank of Pittsburgh stock | 6,145 | 7,288 |
Purchase of Federal Home Loan Bank of Pittsburgh stock | (5,301) | (9,418) |
Net increase in loans | (14,492) | (65,225) |
Proceeds from sale of restricted equity security | 2,321 | 0 |
Proceeds from bank owned life insurance | 1,442 | 0 |
Purchase of premises and equipment | (1,167) | (1,697) |
Proceeds from sale of foreclosed assets | 2,418 | 1,387 |
Other | 178 | 191 |
Net Cash Used in Investing Activities | (21,648) | (30,905) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Net increase in deposits | 25,323 | 24,606 |
Net (decrease) increase in short-term borrowings | (48,913) | 35,591 |
Proceeds from long-term borrowings | 33,000 | 8,000 |
Repayments of long-term borrowings | (6,274) | (37,265) |
Sale of treasury stock | 189 | 127 |
Common dividends paid | (11,746) | (11,145) |
Net Cash (Used in) Provided by Financing Activities | (8,421) | 19,914 |
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | (4,177) | 8,383 |
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR | 37,004 | 28,621 |
CASH AND CASH EQUIVALENTS, END OF YEAR | 32,827 | 37,004 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
Assets acquired through foreclosure of real estate loans | 2,520 | 940 |
Interest paid | 4,529 | 3,934 |
Income taxes paid | $ 4,277 | $ 4,913 |
Note 1 - Nature of Operations a
Note 1 - Nature of Operations and Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 1 NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF CONSOLIDATION - December 2018, NATURE OF OPERATIONS - The Corporation provides Trust and Financial Management services, including administration of trusts and estates, retirement plans, and other employee benefit plans, and investment management services. The Corporation offers a variety of personal and commercial insurance products through C&N Financial Services Corporation. C&N Financial Services Corporation also offers mutual funds, annuities, educational savings accounts and other investment products through registered agents. Management has determined that the Corporation has one The Corporation is subject to competition from other financial institutions. It is also subject to regulation by certain federal and state agencies and undergoes periodic examination by those regulatory authorities. As a consequence, the Corporation’s business is particularly susceptible to being affected by future federal and state legislation and regulations. USE OF ESTIMATES - Material estimates that are particularly susceptible to change include: ( 1 2 3 not 4 5 INVESTMENT SECURITIES - Available-for-sale debt securities - not may may Other-than-temporary impairment 1 2 3 4 not Marketable equity security Restricted equity securities LOANS HELD FOR SALE LOANS RECEIVABLE - The loans receivable portfolio is segmented into residential mortgage, commercial and consumer loans. The residential mortgage segment includes the following classes: first Loans are placed on nonaccrual status for all classes of loans when, in the opinion of management, collection of interest is doubtful. Any unpaid interest previously accrued on those loans is reversed from income. Interest income is not six no ALLOWANCE FOR LOAN LOSSES no 120 The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Corporation’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may may December 31, 2018 2017, no The allowance consists primarily of two 1 2 The specific component relates to loans that are classified as impaired based on a detailed assessment of certain larger loan relationships evaluated by a management committee referred to as the Watch List Committee. Specific loan relationships are identified for evaluation based on the related credit risk rating. For individual loans classified as impaired, an allowance is established when the collateral value less estimated selling costs, present value of discounted cash flows or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class including commercial loans not not three The qualitative factors used in the general component calculations are designed to address credit risk characteristics associated with each segment. The Corporation’s credit risk associated with all of the segments is significantly impacted by these factors, which include economic conditions within its market area, the Corporation’s lending policies, changes or trends in the portfolio, risk profile, competition, regulatory requirements and other factors. Further, the residential mortgage segment is significantly affected by the values of residential real estate that provide collateral for the loans. The majority of the Corporation’s commercial segment loans (approximately 53% December 31, 2018) Loans are classified as impaired when, based on current information and events, it is probable that the Corporation 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 For commercial loans secured by real estate, estimated fair values are determined primarily through third For commercial and industrial loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging data or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. Loans whose terms are modified are classified as troubled debt restructurings if the Corporation grants such borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a troubled debt restructuring generally involve reductions in required payments, an extension of a loan’s stated maturity date or a temporary reduction in interest rate. Loans classified as troubled debt restructurings are designated as impaired. Nonaccrual troubled debt restructurings may not six BANK PREMISES AND EQUIPMENT IMPAIRMENT OF LONG-LIVED ASSETS may not may may not FORECLOSED ASSETS HELD FOR SALE GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS - may may not SERVICING RIGHTS INCOME TAXES not no STOCK COMPENSATION PLANS The fair value of each stock option is estimated on the date of grant using the Black-Scholes-Merton option valuation model. The fair value of restricted stock is based on the current market price on the date of grant. OFF-BALANCE SHEET FINANCIAL INSTRUMENTS - CASH FLOWS three TRUST ASSETS AND INCOME not not not |
Note 2 - Recent Accounting Pron
Note 2 - Recent Accounting Pronouncements | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | 2 . RECENT ACCOUNTING PRONOUNCEMENTS The Financial Accounting Standards Board (FASB) issues Accounting Standards Updates (ASUs) to the FASB Accounting Standards Codification (ASC). This section provides a summary description of recent ASUs that have significant implications (elected or required) within the consolidated financial statements, or that management expects may Recent Accounting Pronouncements - Adopted Effective January 1, 2018, 2014 09, 606 five not 2014 09 not 21. In February 2018, 2018 02, not 2017 January 1, 2018. two January 1, 2018, $325,000 no Effective January 1, 2018, 2017 08, 310 20 no $26,000 January 1, 2018 Effective January 1, 2018, 2016 01, 2016 01 January 1, 2018 ● A marketable equity security previously included in available-for-sale securities on the consolidated balance sheets is presented as a separate asset. ● Changes in the fair value of the marketable equity security are captured in the consolidated statements of income. ● Retained earnings was reduced and a corresponding increase in accumulated other comprehensive loss was recognized ( no $22,000 January 1, 2018 ● Adoption of ASU 2016 01 not 6. Recently Issued But Not ASU 2016 02, 842 July 2018, 2018 10 2018 11, 842, 842. 2018 11 840, not 842 not 12 not 842 first 2019. 2018 11 January 1, 2019 $1,200,000 no no ASU 2016 13, 326 2016 13 2016 13 2016 13 2016 13 first 2020. first 2019; not 326 ASU 2017 04, 350 2 not may first 2020. not ASU 2018 13, 820 1 2 3 2018 13 2018 13 3 3 first 2020. 3 not ASU 2018 14, 715 20 first 2021. not ASU 2018 15, 350 40 not first 2020, not |
Note 3 - Comprehensive Income
Note 3 - Comprehensive Income | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Comprehensive Income (Loss) Note [Text Block] | 3. Comprehensive income is the total of ( 1 2 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount 2018 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (3,392 ) $ 712 $ (2,680 ) Reclassification adjustment for losses realized in income 288 (60 ) 228 Other comprehensive loss on available-for-sale securities (3,104 ) 652 (2,452 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 101 (21 ) 80 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (17 ) 3 (14 ) Other comprehensive income on unfunded retirement obligations 84 (18 ) 66 Total other comprehensive loss $ (3,020 ) $ 634 $ (2,386 ) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount 2017 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (691 ) $ 242 $ (449 ) Reclassification adjustment for (gains) realized in income (257 ) 89 (168 ) Other comprehensive loss on available-for-sale securities (948 ) 331 (617 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 36 (12 ) 24 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (24 ) 8 (16 ) Other comprehensive income on unfunded retirement obligations 12 (4 ) 8 Total other comprehensive loss $ (936 ) $ 327 $ (609 ) Changes in the components of accumulated other comprehensive (loss) income, included in stockholders’ equity, are as follows: (In Thousands) Accumulated Unrealized Unfunded Other Losses Retirement Comprehensive on Securities Obligations Loss 2018 Balance, beginning of period $ (1,566 ) $ 59 $ (1,507 ) Impact of change in enacted income tax rate (337 ) 12 (325 ) Impact of change in the method of premium amortization of callable debt securities 26 0 26 Impact of change in the method of accounting for marketable equity security 22 0 22 Other comprehensive (loss) income during year ended December 31, 2018 (2,452 ) 66 (2,386 ) Balance, end of period $ (4,307 ) $ 137 $ (4,170 ) 2017 Balance, beginning of period $ (949 ) $ 51 $ (898 ) Other comprehensive (loss) income during year ended December 31, 2017 (617 ) 8 (609 ) Balance, end of period $ (1,566 ) $ 59 $ (1,507 ) Items reclassified out of each component of accumulated other comprehensive (loss) income are as follows: For the Year Ended December 31, 2018 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ 288 Realized losses on available-for-sale debt securities, net (60 ) Income tax provision 228 Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (30 ) Other noninterest expense Actuarial loss 13 Other noninterest expense (17 ) Total before tax 3 Income tax provision (14 ) Net of tax Total reclassifications for the period $ 214 For the Year Ended December 31, 2017 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ (257 ) Realized gains on available-for-sale debt securities, net 89 Income tax provision (168 ) Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (31 ) Other noninterest expense Actuarial loss 7 Other noninterest expense (24 ) Total before tax 8 Income tax provision (16 ) Net of tax Total reclassifications for the period $ (184 ) |
Note 4 - Per Share Data
Note 4 - Per Share Data | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 4 . PER SHARE DATA Basic earnings per common share are calculated using the two two Diluted earnings per common share are calculated under the more dilutive of either the treasury method or the two Years Ended Dec . 31, Dec . 31, 2018 2017 Basic Net income $ 22,013,000 $ 13,434,000 Less: Dividends and undistributed earnings allocated to participating securities (110,000 ) (69,000 ) Net income attributable to common shares $ 21,903,000 $ 13,365,000 Basic weighted-average common shares outstanding 12,219,209 12,115,840 Basic earnings per common share (a) $ 1.79 $ 1.10 Diluted Net income attributable to common shares $ 21,903,000 $ 13,365,000 Basic weighted-average common shares outstanding 12,219,209 12,115,840 Dilutive effect of potential common stock arising from stock options 38,159 39,296 Diluted weighted-average common shares outstanding 12,257,368 12,155,136 Diluted earnings per common share (a) $ 1.79 $ 1.10 (a) Basic and diluted earnings per share under the two The weighted-average number of nonvested restricted shares outstanding was 61,778 2018 62,329 2017. Stock options that are anti-dilutive are excluded from net income per share calculations. There were no 2018 2017. |
Note 5 - Cash and Due From Bank
Note 5 - Cash and Due From Banks | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Cash and Cash Equivalents Disclosure [Text Block] | 5. Cash and due from banks at December 31, 2018 2017 (In thousands) Dec. 31, Dec. 31, 2018 2017 Cash and cash equivalents $ 32,827 $ 37,004 Certificates of deposit 4,660 3,240 Total cash and due from banks $ 37,487 $ 40,244 Certificates of deposit are issues by U.S. banks with original maturities greater than three The Corporation is required to maintain reserves against deposit liabilities in the form of cash and balances with the Federal Reserve Bank. The reserves are based on deposit levels, account activity, and other services provided by the Federal Reserve Bank. Required reserves were $18,141,000 December 31, 2018 $17,178,000 December 31, 2017. |
Note 6 - Fair Value Measurement
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 6. FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS The Corporation measures certain assets at fair value. Fair value is defined as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. FASB ASC topic 820, three Level 1 Level 2 1 2 not Level 3 3 The Corporation monitors and evaluates available data relating to fair value measurements on an ongoing basis and recognizes transfers among the levels of the fair value hierarchy as of the date of an event or change in circumstances that affects the valuation method chosen. Examples of such changes may At December 31, 2018 2017, December 31, 2018 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 12,500 $ 0 $ 15,500 Obligations of states and political subdivisions: Tax-exempt 0 83,952 0 83,952 Taxable 0 27,699 0 27,699 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 53,445 0 53,445 Residential collateralized mortgage obligations 0 145,912 0 145,912 Commercial mortgage-backed securities 0 39,765 0 39,765 Total available-for-sale debt securities 0 363,273 0 363,273 Marketable equity security 950 0 0 950 Servicing rights 0 0 1,404 1,404 Total recurring fair value measurements $ 950 $ 363,273 $ 1,404 $ 365,627 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 4,851 $ 4,851 Valuation allowance 0 0 (1,605 ) (1,605 ) Impaired loans, net 0 0 3,246 3,246 Foreclosed assets held for sale 0 0 1,703 1,703 Total nonrecurring fair value measurements $ 0 $ 0 $ 4,949 $ 4,949 December 31, 2017 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 7,873 $ 0 $ 7,873 Obligations of states and political subdivisions: Tax-exempt 0 105,111 0 105,111 Taxable 0 25,573 0 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 52,347 0 52,347 Residential collateralized mortgage obligations 0 131,814 0 131,814 Commercial mortgage-backed securities 0 33,219 0 33,219 Total available-for-sale debt securities 0 355,937 0 355,937 Marketable equity security 971 0 0 971 Servicing rights 0 0 1,299 1,299 Total recurring fair value measurements $ 971 $ 355,937 $ 1,299 $ 358,207 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 3,776 $ 3,776 Valuation allowance 0 0 (1,183 ) (1,183 ) Impaired loans, net 0 0 2,593 2,593 Foreclosed assets held for sale 0 0 1,598 1,598 Total nonrecurring fair value measurements $ 0 $ 0 $ 4,191 $ 4,191 Management’s evaluation and selection of valuation techniques and the unobservable inputs used in determining the fair values of assets valued using Level 3 December 31, 2018 2017 3 Fair Value at 12/31/1 8 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/1 8 Servicing rights $ 1,404 Discounted cash flow Discount rate 12.50 % Rate used through modeling period Loan prepayment speeds 114.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs Fair Value at 12/31/1 7 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/1 7 Servicing rights $ 1,299 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 140.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs The fair value of servicing rights is affected by expected future interest rates. Increases (decreases) in future expected interest rates tend to increase (decrease) the fair value of the Corporation’s servicing rights because of changes in expected prepayment behavior by the borrowers on the underlying loans. Following is a reconciliation of activity for Level 3 (In Thousands) Years Ended December 31, 2018 2017 Balance, beginning of period $ 1,299 $ 1,262 Issuances of servicing rights 188 205 Unrealized losses included in earnings (83 ) (168 ) Balance, end of period $ 1,404 $ 1,299 Loans are classified as impaired when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Foreclosed assets held for sale consist of real estate acquired by foreclosure. For impaired commercial loans secured by real estate and foreclosed assets held for sale, estimated fair values are determined primarily using values from third At December 31, 2018 2017, 3 (In Thousands, Except Weighted- Percentages) Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/18 12/31/18 12/31/18 Technique Inputs 12/31/18 Impaired loans: Residential mortgage loans - first liens $ 509 $ 116 $ 393 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,515 781 1,734 Sales comparison Discount to appraised value 16 % Commercial and industrial 75 75 0 Sales comparison Discount to appraised value 100 % Commercial and industrial 1,265 584 681 Sales comparison Discount to borrower's financial statement value 36 % Loans secured by farmland 487 49 438 Sales comparison Discount to appraised value 56 % Total impaired loans $ 4,851 $ 1,605 $ 3,246 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 64 $ 0 $ 64 Sales comparison Discount to appraised value 68 % Land 110 0 110 Sales comparison Discount to appraised value 61 % Commercial real estate 1,529 0 1,529 Sales comparison Discount to appraised value 20 % Total foreclosed assets held for sale $ 1,703 $ 0 $ 1,703 (In Thousands, Except Weighted- Percentages) Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/17 12/31/17 12/31/17 Technique Inputs 12/31/17 Impaired loans: Residential mortgage loans - first liens $ 515 $ 122 $ 393 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,641 919 1,722 Sales comparison Discount to appraised value 16 % Commercial and industrial 126 92 34 Sales comparison Discount to appraised value 72 % Loans secured by farmland 494 50 444 Sales comparison Discount to appraised value 53 % Total impaired loans $ 3,776 $ 1,183 $ 2,593 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 721 $ 0 $ 721 Sales comparison Discount to appraised value 37 % Land 632 0 632 Sales comparison Discount to appraised value 35 % Commercial real estate 245 0 245 Sales comparison Discount to appraised value 71 % Total foreclosed assets held for sale $ 1,598 $ 0 $ 1,598 Certain of the Corporation’s financial instruments are not not may not may not The estimated fair values, and related carrying amounts, of the Corporation’s financial instruments that are not (In Thousands) Valuation December 31, 201 8 December 31, 201 7 Method(s) Carrying Fair Carrying Fair Used Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 32,827 $ 32,827 $ 37,004 $ 37,004 Certificates of deposit Level 2 4,660 4,634 3,240 3,234 Restricted equity securities (included in Other Assets) Level 2 5,712 5,712 6,556 6,556 Loans, net Level 3 818,254 825,809 806,857 789,891 Accrued interest receivable Level 2 3,968 3,968 4,048 4,048 Financial liabilities: Deposits with no stated maturity Level 2 804,207 804,207 794,778 794,778 Time deposits Level 2 229,565 229,751 213,671 213,734 Short-term borrowings Level 2 12,853 12,617 61,766 61,643 Long-term borrowings Level 2 35,915 35,902 9,189 9,256 Accrued interest payable Level 2 142 142 46 46 |
Note 7 - Securities
Note 7 - Securities | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | 7. Amortized cost and fair value of available-for-sale debt securities at December 31, 2018 2017 December 31, 2018 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 12,331 $ 169 $ 0 $ 12,500 Obligations of states and political subdivisions: Tax-exempt 84,204 949 (1,201 ) 83,952 Taxable 27,618 208 (127 ) 27,699 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 54,827 48 (1,430 ) 53,445 Residential collateralized mortgage obligations 148,964 238 (3,290 ) 145,912 Commercial mortgage-backed securities 40,781 166 (1,182 ) 39,765 Total $ 368,725 $ 1,778 $ (7,230 ) $ 363,273 December 31, 2017 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 8,026 $ 0 $ (153 ) $ 7,873 Obligations of states and political subdivisions: Tax-exempt 103,673 2,291 (853 ) 105,111 Taxable 25,431 226 (84 ) 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 52,992 79 (724 ) 52,347 Residential collateralized mortgage obligations 134,314 110 (2,610 ) 131,814 Commercial mortgage-backed securities 33,881 4 (666 ) 33,219 Total $ 358,317 $ 2,710 $ (5,090 ) $ 355,937 The following table presents gross unrealized losses and fair value of available-for-sale debt securities with unrealized loss positions that are not December 31, 2018 2017: December 31, 2018 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of states and political subdivisions: Tax-exempt $ 5,084 $ (11 ) $ 32,684 $ (1,190 ) $ 37,768 $ (1,201 ) Taxable 980 (2 ) 11,418 (125 ) 12,398 (127 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 5,592 (4 ) 42,309 (1,426 ) 47,901 (1,430 ) Residential collateralized mortgage obligations 1,892 (8 ) 101,662 (3,282 ) 103,554 (3,290 ) Commercial mortgage-backed securities 0 0 32,552 (1,182 ) 32,552 (1,182 ) Total $ 13,548 $ (25 ) $ 220,625 $ (7,205 ) $ 234,173 $ (7,230 ) December 31, 2017 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of U.S. Government agencies $ 0 $ 0 $ 7,873 $ (153 ) $ 7,873 $ (153 ) Obligations of states and political subdivisions: Tax-exempt 19,050 (135 ) 24,391 (718 ) 43,441 (853 ) Taxable 9,279 (45 ) 2,116 (39 ) 11,395 (84 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 25,255 (242 ) 22,549 (482 ) 47,804 (724 ) Residential collateralized mortgage obligations 50,812 (589 ) 68,558 (2,021 ) 119,370 (2,610 ) Commercial mortgage-backed securities 14,713 (173 ) 14,569 (493 ) 29,282 (666 ) Total $ 119,109 $ (1,184 ) $ 140,056 $ (3,906 ) $ 259,165 $ (5,090 ) Gross realized gains and losses from available-for-sale securities and the related income tax provision were as follows: (In Thousands) 2018 2017 Gross realized gains from sales $ 259 $ 315 Gross realized losses from sales (547 ) (58 ) Net realized (losses) gains $ (288 ) $ 257 Income tax (credit) provision related to net realized (losses) gains $ (60 ) $ 89 The amortized cost and fair value of available-for-sale debt securities by contractual maturity are shown in the following table as of December 31, 2018. may may December 31, 2018 Amortized Fair (In Thousands) Cost Value Due in one year or less $ 21,962 $ 22,138 Due from one year through five years 34,488 34,629 Due from five years through ten years 39,532 39,004 Due after ten years 28,171 28,380 Sub-total 124,153 124,151 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 54,827 53,445 Residential collateralized mortgage obligations 148,964 145,912 Commercial mortgage-backed securities 40,781 39,765 Total $ 368,725 $ 363,273 The Corporation’s mortgage-backed securities and collateralized mortgage obligations have stated maturities that may one Investment securities carried at $229,418,000 December 31, 2018 $217,925,000 December 31, 2017 12 Management evaluates securities for OTTI at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to ( 1 2 3 not A summary of information management considered in evaluating debt and equity securities for OTTI at December 31, 2018 2017 Debt Securities At December 31, 2018 2017, December 31, 2018 2017 Equity Securities C&N Bank is a member of the Federal Home Loan Bank of Pittsburgh (FHLB-Pittsburgh), which is one 11 no $5,582,000 December 31, 2018 $6,426,000 December 31, 2017. not December 31, 2018 December 31, 2017. The Corporation’s marketable equity security, with carrying values of $950,000 December 31, 2018 $971,000 December 31, 2017, one $50,000 December 31, 2018 $29,000 December 31, 2017. $21,000 2018 In the year ended December 31, 2018, $2,321,000. 19,789 2007 second 2018, $0, second third 2018, A summary of realized and unrealized gains and losses recognized on equity securities is as follows: (In Thousands) 2018 2017 Net gains recognized during the period on equity securities $ 2,300 $ 0 Less: net gains recognized during the period on equity securities sold during the period (2,321 ) 0 Unrealized losses recognized during the period on equity securities still held at the reporting date $ (21 ) $ 0 |
Note 8 - Loans
Note 8 - Loans | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 8. Loans outstanding at December 31, 2018 2017 Summary of Loans by Type (In Thousands) Dec. 31, Dec. 31, 2018 2017 Residential mortgage: Residential mortgage loans - first liens $ 372,339 $ 359,987 Residential mortgage loans - junior liens 25,450 25,325 Home equity lines of credit 34,319 35,758 1-4 Family residential construction 24,698 26,216 Total residential mortgage 456,806 447,286 Commercial: Commercial loans secured by real estate 162,611 159,266 Commercial and industrial 91,856 88,276 Political subdivisions 53,263 59,287 Commercial construction and land 11,962 14,527 Loans secured by farmland 7,146 7,255 Multi-family (5 or more) residential 7,180 7,713 Agricultural loans 5,659 6,178 Other commercial loans 13,950 10,986 Total commercial 353,627 353,488 Consumer 17,130 14,939 Total 827,563 815,713 Less: allowance for loan losses (9,309 ) (8,856 ) Loans, net $ 818,254 $ 806,857 The Corporation grants loans to individuals as well as commercial and tax-exempt entities. Commercial, residential and personal loans are made to customers geographically concentrated in the Pennsylvania and New York counties that make up the market serviced by Citizens & Northern Bank. Although the Corporation has a diversified loan portfolio, a significant portion of its debtors’ ability to honor their contracts is dependent on the local economic conditions within the region. There is no 10% December 31, 2018. Transactions within the allowance for loan losses, summarized by segment and class, were as follows: Year Ended December 31, 2018 Dec. 31, Dec. 31, (In Thousands) 2017 Balance Charge-offs Recoveries Provision (Credit) 2018 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,200 $ (108 ) $ 4 $ 60 $ 3,156 Residential mortgage loans - junior liens 224 0 4 97 325 Home equity lines of credit 296 (50 ) 0 56 302 1-4 Family residential construction 243 0 0 (40 ) 203 Total residential mortgage 3,963 (158 ) 8 173 3,986 Commercial: Commercial loans secured by real estate 2,584 (21 ) 0 (25 ) 2,538 Commercial and industrial 1,065 (144 ) 6 626 1,553 Commercial construction and land 150 0 0 (40 ) 110 Loans secured by farmland 105 0 0 (3 ) 102 Multi-family (5 or more) residential 172 0 311 (369 ) 114 Agricultural loans 57 0 0 (11 ) 46 Other commercial loans 102 0 0 26 128 Total commercial 4,235 (165 ) 317 204 4,591 Consumer 159 (174 ) 41 207 233 Unallocated 499 0 0 0 499 Total Allowance for Loan Losses $ 8,856 $ (497 ) $ 366 $ 584 $ 9,309 Year Ended December 31, 2017 Dec. 31, Dec. 31, (In Thousands) 2016 Balance Charge-offs Recoveries Provision (Credit) 2017 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,033 $ (167 ) $ 15 $ 319 $ 3,200 Residential mortgage loans - junior liens 258 (16 ) 4 (22 ) 224 Home equity lines of credit 350 (14 ) 0 (40 ) 296 1-4 Family residential construction 249 0 0 (6 ) 243 Total residential mortgage 3,890 (197 ) 19 251 3,963 Commercial: Commercial loans secured by real estate 2,380 (96 ) 0 300 2,584 Commercial and industrial 999 (36 ) 4 98 1,065 Commercial construction and land 162 0 0 (12 ) 150 Loans secured by farmland 110 0 0 (5 ) 105 Multi-family (5 or more) residential 241 0 0 (69 ) 172 Agricultural loans 40 0 0 17 57 Other commercial loans 115 0 0 (13 ) 102 Total commercial 4,047 (132 ) 4 316 4,235 Consumer 138 (150 ) 38 133 159 Unallocated 398 0 0 101 499 Total Allowance for Loan Losses $ 8,473 $ (479 ) $ 61 $ 801 $ 8,856 In the evaluation of the loan portfolio, management determines two 1 2 In determining the larger loan relationships for detailed assessment under the specific allowance component, the Corporation uses an internal risk rating system. Under the risk rating system, the Corporation classifies problem or potential problem loans as “Special Mention,” “Substandard,” or “Doubtful” on the basis of currently existing facts, conditions and values. Substandard loans include those characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not not not The following tables summarize the aggregate credit quality classification of outstanding loans by risk rating as of December 31, 2018 2017: December 31, 2018 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 363,407 $ 937 $ 7,944 $ 51 $ 372,339 Residential mortgage loans - junior liens 24,841 176 433 0 25,450 Home equity lines of credit 33,659 59 601 0 34,319 1-4 Family residential construction 24,698 0 0 0 24,698 Total residential mortgage 446,605 1,172 8,978 51 456,806 Commercial: Commercial loans secured by real estate 156,308 740 5,563 0 162,611 Commercial and Industrial 84,232 5,230 2,394 0 91,856 Political subdivisions 53,263 0 0 0 53,263 Commercial construction and land 11,887 0 75 0 11,962 Loans secured by farmland 5,171 168 1,796 11 7,146 Multi-family (5 or more) residential 7,180 0 0 0 7,180 Agricultural loans 4,910 84 665 0 5,659 Other commercial loans 13,879 0 71 0 13,950 Total commercial 336,830 6,222 10,564 11 353,627 Consumer 17,116 0 14 0 17,130 Totals $ 800,551 $ 7,394 $ 19,556 $ 62 $ 827,563 December 31, 2017 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 350,609 $ 307 $ 9,019 $ 52 $ 359,987 Residential mortgage loans - junior liens 24,795 104 426 0 25,325 Home equity lines of credit 35,233 61 464 0 35,758 1-4 Family residential construction 26,216 0 0 0 26,216 Total residential mortgage 436,853 472 9,909 52 447,286 Commercial: Commercial loans secured by real estate 150,806 936 7,524 0 159,266 Commercial and Industrial 82,724 3,896 1,645 11 88,276 Political subdivisions 59,287 0 0 0 59,287 Commercial construction and land 14,449 0 78 0 14,527 Loans secured by farmland 5,283 581 1,379 12 7,255 Multi-family (5 or more) residential 7,130 0 583 0 7,713 Agricultural loans 5,203 270 705 0 6,178 Other commercial loans 10,913 0 73 0 10,986 Total commercial 335,795 5,683 11,987 23 353,488 Consumer 14,853 0 86 0 14,939 Totals $ 787,501 $ 6,155 $ 21,982 $ 75 $ 815,713 The scope of loans reviewed individually each quarter to determine if they are impaired include all commercial loan relationships greater than $200,000 $400,000 one not not not December 31, 2018 2017. $200,000 $400,000 $100,000 The following tables present a summary of loan balances and the related allowance for loan losses summarized by portfolio segment and class for each impairment method used as of December 31, 2018 2017: December 31, 2018 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 991 $ 371,348 $ 372,339 $ 0 $ 3,156 $ 3,156 Residential mortgage loans - junior liens 293 25,157 25,450 116 209 325 Home equity lines of credit 0 34,319 34,319 0 302 302 1-4 Family residential construction 0 24,698 24,698 0 203 203 Total residential mortgage 1,284 455,522 456,806 116 3,870 3,986 Commercial: Commercial loans secured by real estate 4,302 158,309 162,611 781 1,757 2,538 Commercial and industrial 2,157 89,699 91,856 659 894 1,553 Political subdivisions 0 53,263 53,263 0 0 0 Commercial construction and land 0 11,962 11,962 0 110 110 Loans secured by farmland 1,349 5,797 7,146 49 53 102 Multi-family (5 or more) residential 0 7,180 7,180 0 114 114 Agricultural loans 665 4,994 5,659 0 46 46 Other commercial loans 0 13,950 13,950 0 128 128 Total commercial 8,473 345,154 353,627 1,489 3,102 4,591 Consumer 17 17,113 17,130 0 233 233 Unallocated 499 Total $ 9,774 $ 817,789 $ 827,563 $ 1,605 $ 7,205 $ 9,309 December 31, 2017 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 984 $ 359,003 $ 359,987 $ 0 $ 3,200 $ 3,200 Residential mortgage loans - junior liens 302 25,023 25,325 122 102 224 Home equity lines of credit 0 35,758 35,758 0 296 296 1-4 Family residential construction 0 26,216 26,216 0 243 243 Total residential mortgage 1,286 446,000 447,286 122 3,841 3,963 Commercial: Commercial loans secured by real estate 5,873 153,393 159,266 919 1,665 2,584 Commercial and industrial 568 87,708 88,276 188 877 1,065 Political subdivisions 0 59,287 59,287 0 0 0 Commercial construction and land 0 14,527 14,527 0 150 150 Loans secured by farmland 1,365 5,890 7,255 50 55 105 Multi-family (5 or more) residential 392 7,321 7,713 0 172 172 Agricultural loans 7 6,171 6,178 0 57 57 Other commercial loans 0 10,986 10,986 0 102 102 Total commercial 8,205 345,283 353,488 1,157 3,078 4,235 Consumer 20 14,919 14,939 0 159 159 Unallocated 499 Total $ 9,511 $ 806,202 $ 815,713 $ 1,279 $ 7,078 $ 8,856 Summary information related to impaired loans as of December 31, 2018 2017 (In Thousands) December 31, 2018 December 31, 2017 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related allowance recorded: Residential mortgage loans - first liens $ 750 $ 721 $ 0 $ 740 $ 711 $ 0 Residential mortgage loans - junior liens 54 54 0 60 60 0 Commercial loans secured by real estate 1,787 1,787 0 3,230 3,230 0 Commercial and industrial 817 817 0 119 119 0 Loans secured by farmland 862 862 0 871 871 0 Multi-family (5 or more) residential 0 0 0 987 392 0 Agricultural loans 665 665 0 8 8 0 Consumer 17 17 0 20 20 0 Total with no related allowance recorded 4,952 4,923 0 6,035 5,411 0 With a related allowance recorded: Residential mortgage loans - first liens 270 270 0 273 273 0 Residential mortgage loans - junior liens 239 239 116 242 242 122 Commercial loans secured by real estate 2,515 2,515 781 2,641 2,641 919 Commercial and industrial 1,340 1,340 659 449 449 188 Loans secured by farmland 487 487 49 495 495 50 Total with a related allowance recorded 4,851 4,851 1,605 4,100 4,100 1,279 Total $ 9,803 $ 9,774 $ 1,605 $ 10,135 $ 9,511 $ 1,279 In the table immediately above, two one first one The average balance of impaired loans and interest income recognized on impaired loans is as follows: Interest Income Recognized Average Investment in on Impaired Loans Impaired Loans On a Cash Basis (In Thousands) Year Ended December 31, Year Ended December 31, 2018 2017 2018 2017 Residential mortgage: Residential mortgage loans - first lien $ 980 $ 857 $ 52 $ 52 Residential mortgage loans - junior lien 297 112 11 15 Total residential mortgage 1,277 969 63 67 Commercial: Commercial loans secured by real estate 4,897 6,272 141 173 Commercial and industrial 708 301 47 24 Loans secured by farmland 1,357 1,379 35 45 Multi-family (5 or more) residential 314 392 0 0 Agricultural loans 542 10 46 1 Total commercial 7,818 8,354 269 243 Consumer 18 26 1 1 Total $ 9,113 $ 9,349 $ 333 $ 311 The breakdown by portfolio segment and class of nonaccrual loans and loans past due ninety (In Thousands) December 31, 2018 December 31, 2017 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Residential mortgage: Residential mortgage loans - first liens $ 1,633 $ 4,750 $ 2,340 $ 5,131 Residential mortgage loans - junior liens 151 239 105 242 Home equity lines of credit 219 27 203 44 Total residential mortgage 2,003 5,016 2,648 5,417 Commercial: Commercial loans secured by real estate 394 3,958 175 5,645 Commercial and industrial 18 2,111 603 517 Commercial construction and land 0 52 26 52 Loans secured by farmland 459 1,297 271 1,308 Multi-family (5 or more) residential 0 0 0 392 Agricultural loans 0 665 0 7 Total commercial 871 8,083 1,075 7,921 Consumer 32 14 1 66 Totals $ 2,906 $ 13,113 $ 3,724 $ 13,404 The amounts shown in the table immediately above include loans classified as troubled debt restructurings (described in more detail below), if such loans are considered past due ninety The tables below present a summary of the contractual aging of loans as of December 31, 2018 2017: As of December 31, 2018 As of December 31, 2017 Current & Current & (In Thousands) Past Due Past Due Past Due Past Due Past Due Past Due Less than 30-89 90+ Less than 30-89 90+ 30 Days Days Days Total 30 Days Days Days Total Residential mortgage: Residential mortgage loans - first liens $ 361,362 $ 6,414 $ 4,563 $ 372,339 $ 347,032 $ 7,967 $ 4,988 $ 359,987 Residential mortgage loans - junior liens 24,876 184 390 25,450 25,133 87 105 25,325 Home equity lines of credit 33,611 480 228 34,319 34,789 732 237 35,758 1-4 Family residential construction 24,531 167 0 24,698 25,667 549 0 26,216 Total residential mortgage 444,380 7,245 5,181 456,806 432,621 9,335 5,330 447,286 Commercial: Commercial loans secured by real estate 160,668 226 1,717 162,611 155,917 311 3,038 159,266 Commercial and industrial 90,915 152 789 91,856 87,306 303 667 88,276 Political subdivisions 53,263 0 0 53,263 59,287 0 0 59,287 Commercial construction and land 11,910 0 52 11,962 14,400 49 78 14,527 Loans secured by farmland 5,390 487 1,269 7,146 6,226 12 1,017 7,255 Multi-family (5 or more) residential 7,104 76 0 7,180 7,321 0 392 7,713 Agricultural loans 5,624 29 6 5,659 6,114 57 7 6,178 Other commercial loans 13,950 0 0 13,950 10,986 0 0 10,986 Total commercial 348,824 970 3,833 353,627 347,557 732 5,199 353,488 Consumer 16,991 93 46 17,130 14,760 123 56 14,939 Totals $ 810,195 $ 8,308 $ 9,060 $ 827,563 $ 794,938 $ 10,190 $ 10,585 $ 815,713 Nonaccrual loans are included in the contractual aging immediately above. A summary of the contractual aging of nonaccrual loans at December 31, 2018 2017 Current & (In Thousands) Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Total December 31 , 2018 Nonaccrual Totals $ 5,793 $ 1,166 $ 6,154 $ 13,113 December 31, 2017 Nonaccrual Totals $ 5,802 $ 741 $ 6,861 $ 13,404 Loans whose terms are modified are classified as Troubled Debt Restructurings (TDRs) if the Corporation grants such borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Loans classified as TDRs are designated as impaired and reviewed each quarter to determine if a specific allowance for loan losses is required. The outstanding balance of loans subject to TDRs, as well as the contractual aging information at December 31, 2018 2017 Troubled Debt Restructurings (TDRs): Current & (In Thousands) Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Nonaccrual Total December 31, 2018 Totals $ 612 $ 43 $ 0 $ 2,884 $ 3,539 December 31, 2017 Totals $ 636 $ 0 $ 0 $ 3,027 $ 3,663 At December 31, 2018 2017, no A summary of TDRs that occurred during 2018 2017 (Balances in Thousands) 2018 2017 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a six-month period 1 $ 80 0 $ 0 Commercial loans secured by real estate, Extended interest only payments for a six-month period 2 36 0 0 Commercial and industrial, Extended interest only payments for a six-month period 1 46 0 0 Total 4 $ 162 0 $ 0 There were no 2018 2017. For 2018 2017, no 12 The carrying amount of foreclosed residential real estate properties held as a result of obtaining physical possession (included in Foreclosed assets held for sale in the consolidated balance sheets) is as follows: (In Thousands) Dec. 31, Dec. 31, 2018 2017 Foreclosed residential real estate $ 64 $ 721 The recorded investment of consumer mortgage loans secured by residential real properties for which formal foreclosure proceedings were in process is as follows: (In Thousands) Dec. 31, Dec. 31, 2018 2017 Residential real estate in process of foreclosure $ 1,097 $ 1,789 |
Note 9 - Bank Premises and Equi
Note 9 - Bank Premises and Equipment | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | 9 . BANK PREMISES AND EQUIPMENT (In Thousands) December 31, 2018 2017 Land $ 2,803 $ 2,818 Buildings and improvements 27,343 28,285 Furniture and equipment 16,577 15,578 Construction in progress 2 268 Total 46,725 46,949 Less: accumulated depreciation (32,133 ) (31,517 ) Net $ 14,592 $ 15,432 Depreciation expense is included in the following line items of the consolidated statements of income: (In Thousands) 2018 2017 Occupancy expense $ 849 $ 801 Furniture and equipment expense 684 758 Data processing expenses 183 80 Telecommunications expenses 38 0 Total $ 1,754 $ 1,639 |
Note 10 - Intangible Assets
Note 10 - Intangible Assets | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Intangible Assets Disclosure [Text Block] | 10. There were no 2018 2017. $11,942,000 December 31, 2018 2017. not 2018 2017. In testing goodwill for impairment as of December 31, 2018, not not not not two 350. no December 31, 2018. Information related to the core deposit intangibles is as follows: December 31, (In Thousands) 2018 2017 Gross amount $ 2,034 $ 2,034 Less: accumulated amortization (2,025 ) (2,022 ) Net $ 9 $ 12 Amortization expense was $3,000 2018 $5,000 2017. five not |
Note 11 - Deposits
Note 11 - Deposits | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Deposit Liabilities Disclosures [Text Block] | 1 1 . DEPOSITS At December 31, 2018, (In Thousands) 2019 $ 131,208 2020 56,279 2021 18,518 2022 11,463 2023 10,814 Thereafter 1,283 Total $ 229,565 Time deposits of more than $250,000 $36,094,000 December 31, 2018 $12,653,000 December 31, 2017. December 31, 2018, $250,000 (In Thousands) Three months or less $ 18,327 Over 3 months through 12 months 14,349 Over 1 year through 3 years 1,341 Over 3 years 2,077 Total $ 36,094 |
Note 12 - Borrowed Funds
Note 12 - Borrowed Funds | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 1 2 . BORROWED FUNDS Short-term borrowings (initial maturity within one (In Thousands) Dec. 31, Dec. 31, 2018 2017 FHLB-Pittsburgh borrowings $ 7,000 $ 58,000 Customer repurchase agreements 5,853 3,766 Total short-term borrowings $ 12,853 $ 61,766 Short-term borrowings from FHLB-Pittsburgh are as follows: (In Thousands) Dec. 31, Dec. 31 2018 2017 Overnight borrowing $ 7,000 $ 29,000 Other short-term advances 0 29,000 Total short-term FHLB-Pittsburgh borrowings $ 7,000 $ 58,000 The weighted average interest rate on total short-term borrowings outstanding was 1.47% December 31, 2018 1.52% December 31, 2017. $74,646,000 2018 $61,766,000 2017. The Corporation had available credit with other correspondent banks totaling $45,000,000 December 31, 2018 2017. No December 31, 2018 2017. The Corporation has a line of credit with the Federal Reserve Bank of Philadelphia’s Discount Window. At December 31, 2018, $15,262,000 no December 31, 2017, $15,877,000 no $15,710,000 December 31, 2018 $16,301,000 December 31, 2017. The FHLB-Pittsburgh loan facility is collateralized by qualifying loans secured by real estate with a book value totaling $495,143,000 December 31, 2018 $488,889,000 December 31, 2017. $5,582,000 December 31, 2018 $6,426,000 December 31, 2017. $361,614,000 December 31, 2018, $318,699,000. December 31, 2017, $362,630,000, $295,441,000. Overnight borrowings from FHLB-Pittsburgh had an interest rate of 2.62% December 31, 2018 1.54% December 31, 2017. December 31, 2017, 9 $3,000,000 1 $2,000,000, January October 2018, 1.69% 1.23% 1.89%. The Corporation engages in repurchase agreements with certain commercial customers. These agreements provide that the Corporation sells specified investment securities to the customers on an overnight basis and repurchases them on the following business day. The weighted average rate paid by the Corporation on customer repurchase agreements was 0.10% December 31, 2018 December 31, 2017. $5,890,000 December 31, 2018 $5,310,000 December 31, 2017. LONG-TERM BORROWINGS Long-term borrowings from FHLB - Pittsburgh are as follows: (In Thousands) Dec. 31, Dec. 31, 2018 2017 Loan matured in November 2018 with a rate of 1.63% $ 0 $ 3,000 Loan matured in December 2018 with a rate of 1.35% 0 3,000 Loan maturing in January 2019 with a rate of 1.83% 2,000 2,000 Loan maturing in February 2019 with a rate of 1.95% 3,000 0 Loan maturing in March 2019 with a rate of 2.15% 3,000 0 Loan maturing in April 2019 with a rate of 2.24% 3,000 0 Loan maturing in May 2019 with a rate of 2.30% 3,000 0 Loan maturing in June 2019 with a rate of 2.42% 3,000 0 Loan maturing in July 2019 with a rate of 2.41% 3,000 0 Loan maturing in August 2019 with a rate of 2.48% 3,000 0 Loan maturing in September 2019 with a rate of 2.53% 3,000 0 Loan maturing in November 2019 with a rate of 2.75% 3,000 0 Loan maturing in December 2019 with a rate of 2.77% 3,000 0 Loan maturing in January 2020 with a rate of 2.73% 3,000 0 Loan maturing in April 2020 with a rate of 4.79% 271 463 Loan maturing in June 2025 with a rate of 4.91% 644 726 Total long-term FHLB-Pittsburgh borrowings $ 35,915 $ 9,189 In 2017, 2017, no 2018. $0 2018 $26,112,000 2017. $0 2018 $27,000,000 2017. |
Note 13 - Employee and Postreti
Note 13 - Employee and Postretirement Benefit Plans | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Pension and Other Postretirement Benefits Disclosure [Text Block] | 1 3 . EMPLOYEE AND POSTRETIREMENT BENEFIT PLANS DEFINED BENEFIT PLANS The Corporation sponsors a defined benefit health care plan that provides postretirement medical benefits and life insurance to employees who meet certain age and length of service requirements. Full-time employees no not December 31, 2018 December 31, 2017 not December 31 In an acquisition in 2007, December 31, 2002, December 31 The following table shows the funded status of the defined benefit plans: (In Thousands) Pension Postretirement 2018 2017 2018 2017 CHANGE IN BENEFIT OBLIGATION: Benefit obligation at beginning of year $ 850 $ 713 $ 1,497 $ 1,555 Service cost 0 0 40 36 Interest cost 25 24 51 57 Plan participants' contributions 0 0 206 211 Actuarial loss (gain) 11 127 (192 ) (103 ) Benefits paid (16 ) (14 ) (253 ) (259 ) Benefit obligation at end of year $ 870 $ 850 $ 1,349 $ 1,497 CHANGE IN PLAN ASSETS: Fair value of plan assets at beginning of year $ 923 $ 846 $ 0 $ 0 Actual return on plan assets (60 ) 91 0 0 Employer contribution 0 0 47 48 Plan participants' contributions 0 0 206 211 Benefits paid (16 ) (14 ) (253 ) (259 ) Fair value of plan assets at end of year $ 847 $ 923 $ 0 $ 0 Funded status at end of year $ (23 ) $ 73 $ (1,349 ) $ (1,497 ) At December 31, 2018 2017, Assets and liabilities: (In Thousands) Pension Postretirement 2018 2017 2018 2017 Other assets $ 73 Accrued interest and other liabilities $ 23 $ 1,349 $ 1,497 At December 31, 2018 2017, not Items not yet recognized as a component of net periodic benefit cost: (In Thousands) Pension Postretirement 2018 2017 2018 2017 Prior service cost $ 0 $ 0 $ (279 ) $ (309 ) Net actuarial loss (gain) 299 221 (194 ) (2 ) Total $ 299 $ 221 $ (473 ) $ (311 ) For the defined benefit pension plan, amortization of the net actuarial loss is expected to be $26,000 2019. 2019 $31,000, $5,000 2019. The accumulated benefit obligation for the defined benefit pension plan was $870,000 December 31, 2018 $850,000 December 31, 2017. The components of net periodic benefit costs from defined benefit plans are as follows: (In Thousands) Pension Postretirement 2018 2017 2018 2017 Service cost $ 0 $ 0 $ 40 $ 36 Interest cost 25 24 51 57 Expected return on plan assets (20 ) (31 ) 0 0 Amortization of prior service cost 0 0 (30 ) (31 ) Recognized net actuarial loss 13 7 0 0 Total net periodic benefit cost $ 18 $ 0 $ 61 $ 62 The weighted-average assumptions used to determine net periodic benefit cost are as follows: Pension Postretirement 2018 2017 2018 2017 Citizens Trust Company Retirement Plan and postretirement plan: Discount rate 3.55 % 4.05 % 3.75 % 4.25 % Expected return on plan assets 4.32 % 6.00 % N/A N/A Rate of compensation increase N/A N/A N/A N/A The weighted-average assumptions used to determine benefit obligations as of December 31, 2018 2017 Pension Postretirement 2018 2017 2018 2017 Discount rate 4.10 % 3.55 % 4.50 % 3.75 % Rate of compensation increase N/A N/A N/A N/A Estimated future benefit payments, including only estimated employer contributions for the postretirement plan, which reflect expected future service, are as follows: (In Thousands) Pension Postretirement 2019 $ 369 $ 91 2020 15 102 2021 14 99 2022 16 104 2023 168 94 2024 - 2028 338 533 No 2019, may The expected return on pension plan assets is a significant assumption used in the calculation of net periodic benefit cost. This assumption reflects the average long-term rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the projected benefit obligation. The fair values of pension plan assets at December 31, 2018 2017 2018 2017 Mutual funds invested principally in: Cash and cash equivalents 3 % 2 % Debt securities 40 % 37 % Equity securities 45 % 45 % Alternative funds 12 % 16 % Total 100 % 100 % C&N Bank’s Trust and Financial Management Department manages the investment of the pension plan assets. The Plan’s securities include mutual funds invested principally in debt securities, a diversified mix of large, mid- and small-capitalization U.S. stocks, foreign stocks and alternative asset classes such as real estate, commodities, and inflation-protected securities. The fair values of plan assets are determined based on Level 1 6 December 31, 2018, 45% 40% 12% 3% December 31, 2017, 45% 37% 16% 2% not PROFIT SHARING AND DEFERRED COMPENSATION PLANS The Corporation has a profit sharing plan that incorporates the deferred salary savings provisions of Section 401 $717,000 2018 $681,000 2017. The Corporation has an Employee Stock Ownership Plan (ESOP). Contributions to the ESOP are discretionary, and the ESOP uses funds contributed to purchase Corporation stock for the accounts of ESOP participants. These purchases are made on the market ( not not 55 10 50% 6 December 31, 2018, 2017, no Dividends paid on shares held by the ESOP are charged to retained earnings. All Corporation shares owned through the ESOP are included in the calculation of weighted-average shares outstanding for purposes of calculating earnings per share - basic and diluted. The ESOP held 444,843 December 31, 2018 419,067 December 31, 2017, $605,000 2018 $588,000 2017. The Corporation has a nonqualified supplemental deferred compensation arrangement with its key officers. Charges to operating expense for officers’ supplemental deferred compensation were $242,000 2018 $200,000 2017. The Corporation also has a nonqualified deferred compensation plan that allows selected officers the option to defer receipt of cash compensation, including base salary and any cash bonuses or other cash incentives. This nonqualified deferred compensation plan does not STOCK-BASED COMPENSATION PLANS The Corporation has a Stock Incentive Plan for a selected group of senior officers. A total of 850,000 may may December 31, 2018, 6 10 257,560 December 31, 2018. Also, the Corporation has an Independent Directors Stock Incentive Plan. This plan permits awards of nonqualified stock options and/or restricted stock to non-employee directors. A total of 235,000 may 10 112,138 December 31, 2018. Total stock-based compensation expense is as follows: (In Thousands) 2018 2017 Restricted stock $ 855 $ 627 Stock options 0 0 Total $ 855 $ 627 The following summarizes non-vested restricted stock activity for the year ended December 31, 2018: Weighted Average Number Grant Date of Shares Fair Value Outstanding, December 31, 2017 60,757 $ 23.17 Granted 34,552 $ 24.21 Vested (27,025 ) $ 23.00 Forfeited (7,939 ) $ 23.39 Outstanding, December 31, 2018 60,345 $ 23.81 Compensation cost related to restricted stock is recognized based on the market price of the stock at the grant date over the vesting period, adjusted for estimated and actual forfeitures. As of December 31, 2018, $591,000 1.3 In 2018 2017, 2018 2017 Executive officers 16,578 14,897 Other employees 8,888 7,415 Total 25,466 22,312 Restricted stock awards in 2016 2018 three no 2016 2018 three 2018 2017 50 th 2018, 58 th 12 September 30, 2018. 2017, not 37 th 12 September 30, 2017. 2018 2017 $750 $3.5 Most of the restricted stock awards issued under this Plan prior to 2016, 2018 2017, 2018 2017, 12 September 30 one $750 $2 In 2018, 9,086 one 2017, 8,470 one There were no 2018 2017. 2018 2017 Weighted Weighted Average Average Exercise Exercise Shares Price Shares Price Outstanding, beginning of year 165,660 $ 18.49 202,037 $ 18.58 Granted 0 0 Exercised (41,210 ) $ 18.69 (24,976 ) $ 17.50 Forfeited 0 (635 ) $ 19.88 Expired (8,736 ) $ 17.50 (10,766 ) $ 22.33 Outstanding, end of year 115,714 $ 18.49 165,660 $ 18.49 Options exercisable at year-end 115,714 $ 18.49 165,660 $ 18.49 Weighted-average fair value of options forfeited N/A $ 4.21 The weighted-average remaining contractual term of outstanding stock options at December 31, 2018 3.3 $918,000 December 31, 2018. $291,000 2018 $164,000 2017. The Corporation has issued shares from treasury stock for almost all stock option exercises through December 31, 2018. not 2019. In January 2019, 40,517 7,620 2019 three one 27,380 2019 one 2019 $880,000. January 2019 not |
Note 14 - Income Taxes
Note 14 - Income Taxes | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 1 4 . INCOME TAXES The net deferred tax asset at December 31, 2018 2017 December 31, December 31, (In Thousands) 201 8 201 7 Deferred tax assets: Unrealized holding losses on securities: Included in accumulated other comprehensive loss $ 1,145 $ 843 Included in retained earnings 0 (337 ) Allowance for loan losses 2,005 1,894 Other deferred tax assets 2,049 1,726 Total deferred tax assets 5,199 4,126 Deferred tax liabilities: Defined benefit plans - ASC 835: Included in accumulated other comprehensive loss 37 31 Included in retained earnings 0 (12 ) Bank premises and equipment 907 751 Core deposit intangibles 2 3 Other deferred tax liabilities 143 64 Total deferred tax liabilities 1,089 837 Deferred tax asset, net $ 4,110 $ 3,289 The provision for income taxes includes the following: (In thousands) 201 8 2017 Currently payable $ 4,350 $ 4,938 Tax expense resulting from allocations of certain tax benefits as a reduction in other assets 87 63 Deferred (187 ) 2,155 Total provision $ 4,250 $ 7,156 A reconciliation of income tax at the statutory rate to the Corporation’s effective rate is as follows (amounts in thousands): (Amounts in thousands) 2018 2017 Amount % Amount % Expected provision $ 5,515 21.00 $ 7,207 35.00 Tax-exempt interest income (1,046 ) (3.98 ) (1,817 ) (8.82 ) Increase in cash surrender value and other income from life insurance, net (170 ) (0.65 ) (121 ) (0.59 ) ESOP dividends (98 ) (0.37 ) (154 ) (0.75 ) State income tax, net of federal benefit 125 0.48 70 0.34 Effect of tax rate change 0 0.00 2,159 10.49 Other, net (76 ) (0.29 ) (188 ) (0.92 ) Effective income tax provision $ 4,250 16.18 $ 7,156 34.75 In December 2017, 21%, January 1, 2018, 35% December 31, 2017, 2, 2018 02, two January 1, 2018, $325,000 December 31, 2018. The Corporation has investments in three two three 2013, 2013 2018 2022. $498,000 December 31, 2018 $608,000 December 31, 2017 ( 2018, $150,000 $54,000. 2017, $157,000 $73,000. The Corporation has no no 2014. |
Note 15 - Related Party Transac
Note 15 - Related Party Transactions | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 1 5 . RELATED PARTY TRANSACTIONS Loans to executive officers, directors of the Corporation and its subsidiaries and any associates of the foregoing persons are as follows: (In Thousands) Beginning New Other Ending Balance Loans Repayments Changes Balance 11 directors, 8 executive officers 2018 $ 14,412 $ 3,553 $ (1,417 ) $ (1,404 ) $ 15,144 12 directors, 7 executive officers 2017 11,414 2,128 (2,061 ) 2,931 14,412 In the table above, other changes represent net changes in the balance of existing lines of credit and transfers in and out of the related party category. Deposits from related parties held by the Corporation amounted to $7,479,000 December 31, 2018 $7,171,000 December 31, 2017. |
Note 16 - Off-balance Sheet Ris
Note 16 - Off-balance Sheet Risk | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Supplemental Balance Sheet Disclosures [Text Block] | 16 . OFF-BALANCE SHEET RISK The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financial needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit, interest rate or liquidity risk in excess of the amount recognized in the consolidated balance sheets. The contract amounts of these instruments express the extent of involvement the Corporation has in particular classes of financial instruments. The Corporation’s exposure to credit loss from nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Corporation uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments whose contract amounts represent credit risk at December 31, 2018 2017 (In Thousands) 201 8 201 7 Commitments to extend credit $ 191,672 $ 187,919 Standby letters of credit 7,227 7,445 Commitments to extend credit are legally binding agreements to lend to customers. Commitments generally have fixed expiration dates or other termination clauses and may not Standby letters of credit are conditional commitments issued by the Corporation guaranteeing performance by a customer to a third not no December 31, 2018 2017. Standby letters of credit as of December 31, 2018 Year of Expiration (In Thousands) 2019 $ 7,020 2020 207 Total $ 7,227 |
Note 17 - Contingencies
Note 17 - Contingencies | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 1 7 . CONTINGENCIES In the normal course of business, the Corporation is subject to pending and threatened litigation in which claims for monetary damages are asserted. In management’s opinion, the Corporation’s financial position and results of operations would not |
Note 18 - Regulatory Matters
Note 18 - Regulatory Matters | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Regulatory Capital Requirements under Banking Regulations [Text Block] | 1 8 . REGULATORY MATTERS As required by the Economic Growth, Regulatory Relief, and Consumer Protection Act in August 2018, $1 $3 1 not 2 not 3 not may December 31, 2018. C&N Bank remains subject to 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 Corporation’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, C&N 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. Details concerning capital ratios at December 31, 2018 December 31, 2017 December 31, 2018, December 31, 2018 December 31, 2017 (Dollars in Thousands) Actual Minimum Capital Requirement Minimum To Maintain Capital Conservation Buffer at Reporting Date Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Minimum To Meet the Corporation's Policy Thresholds Amount Ratio Amount Ratio Amount Ratio Amount Ratio Amount Ratio Dece mber 3 1 , 2018: Total capital to risk-weighted assets: Consolidated $ 199,226 24.42 % N/A N/A N/A N/A N/A N/A $ 85,653 > % C&N Bank 176,499 21.75 % 64,916 > % 80,130 > % 81,145 > % 85,202 > % Tier 1 capital to risk-weighted assets: Consolidated 189,589 23.24 % N/A N/A N/A N/A N/A N/A 69,338 > % C&N Bank 166,862 20.56 % 48,687 > % 63,901 > % 64,916 > % 68,976 > % Common equity tier 1 capital to risk-weighted assets: Consolidated 189,589 23.24 % N/A N/A N/A N/A N/A N/A 57,102 > % C&N Bank 166,862 20.56 % 36,515 > % 51,730 > % 52,744 > % 56,801 > % Tier 1 capital to average assets: Consolidated 189,589 14.78 % N/A N/A N/A N/A N/A N/A 102,634 > % C&N Bank 166,862 13.16 % 50,715 > % N/A N/A 63,394 > % 101,430 > % December 31, 2017: Total capital to risk-weighted assets: Consolidated $ 187,097 23.07 % $ 64,872 > % $ 75,008 > % $ 81,090 > % $ 85,144 > % C&N Bank 165,142 20.47 % 64,528 > % 74,611 > % 80,661 > % 84,694 > % Tier 1 capital to risk-weighted assets: Consolidated 177,981 21.95 % 48,654 > % 58,790 > % 64,872 > % 68,926 > % C&N Bank 156,026 19.34 % 48,396 > % 58,479 > % 64,528 > % 68,561 > % Common equity tier 1 capital to risk-weighted assets: Consolidated 177,981 21.95 % 36,490 > % 46,626 > % 52,708 > % 56,763 > % C&N Bank 156,026 19.34 % 36,297 > % 46,380 > % 52,429 > % 56,462 > % Tier 1 capital to average assets: Consolidated 177,981 14.23 % 50,023 > % N/A N/A 62,529 > % 62,529 > % C&N Bank 156,026 12.63 % 49,418 > % N/A N/A 61,772 > % 61,772 > % In July 2013, 1 The current (new) capital rule provides that, in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers, a banking organization must hold a capital conservation buffer composed of common equity tier 1 2018 As of January 1: 2018 2019 Minimum common equity tier 1 capital ratio 4.5 % 4.5 % Common equity tier 1 capital conservation buffer 1.875 % 2.5 % Minimum common equity tier 1 capital ratio plus capital conservation buffer 6.375 % 7.0 % Phase-in of most deductions from common equity tier 1 capital 100 % 100 % Minimum tier 1 capital ratio 6.0 % 6.0 % Minimum tier 1 capital ratio plus capital conservation buffer 7.875 % 8.5 % Minimum total capital ratio 8.0 % 8.0 % Minimum total capital ratio plus capital conservation buffer 9.875 % 10.5 % As fully phased in, a banking organization with a buffer greater than 2.5% not 2.5% 2.5% four not Capital Conservation Buffer Maximum Payout (as a % of risk-weighted assets) (as a % of eligible retained income) Greater than 2.5% No payout limitation applies ≤2.5% and >1.875% 60 % ≤1.875% and >1.25% 40 % ≤1.25% and >0.625% 20 % ≤0.625% 0 % At December 30, 2018, 13.75%. Banking regulators limit the amount of dividends that may may $98,939,000 December 31, 2018, Restrictions imposed by federal law prohibit the Corporation from borrowing from C&N Bank unless the loans are secured in specific amounts. Such secured loans to the Corporation are generally limited to 10% $16,686,000 December 31, 2018. |
Note 19 - Parent Company Only
Note 19 - Parent Company Only | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | 19 . PARENT COMPANY ONLY The following is condensed financial information for Citizens & Northern Corporation: CONDENSED BALANCE SHEET December 31, (In Thousands) 2018 2017 ASSETS Cash $ 7,389 $ 6,790 Investment in subsidiaries: Citizens & Northern Bank 174,795 166,576 Citizens & Northern Investment Corporation 11,697 11,588 Bucktail Life Insurance Company 3,525 3,488 Other assets 6 15 TOTAL ASSETS $ 197,412 $ 188,457 LIABILITIES AND STOCKHOLDERS' EQUITY Other liabilities $ 44 $ 14 Stockholders' equity 197,368 188,443 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 197,412 $ 188,457 CONDENSED INCOME STATEMENT (In Thousands) 2018 2017 Dividends from Citizens & Northern Bank $ 12,800 $ 12,022 Expenses (681 ) (233 ) Income before equity in undistributed income of subsidiaries 12,119 11,789 Equity in undistributed income of subsidiaries 9,894 1,645 NET INCOME $ 22,013 $ 13,434 CONDENSED STATEMENT OF CASH FLOWS (In Thousands) 2018 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 22,013 $ 13,434 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of subsidiaries (9,894 ) (1,645 ) Decrease (increase) in other assets 7 (11 ) Increase in other liabilities 30 1 Net Cash Provided by Operating Activities 12,156 11,779 CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from sale of treasury stock 189 128 Tax cost from compensation plans, net 0 (5 ) Dividends paid (11,746 ) (11,145 ) Net Cash Used in Financing Activities (11,557 ) (11,022 ) INCREASE IN CASH AND CASH EQUIVALENTS 599 757 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 6,790 6,033 CASH AND CASH EQUIVALENTS, END OF YEAR $ 7,389 $ 6,790 |
Note 20 - Summary of Quarterly
Note 20 - Summary of Quarterly Consolidated Financial Data (Unaudited) | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Quarterly Financial Information [Text Block] | 20. SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA (Unaudited) The following table presents summarized quarterly financial data for 2018 2017: SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA (In Thousands Except Per Share Data) (Unaudited) 2018 Quarter Ended March 31, June 30, Sept. 30, Dec. 31, 2018 2018 2018 2018 Interest income $ 11,890 $ 12,334 $ 12,800 $ 13,304 Interest expense 993 1,079 1,241 1,312 Net interest income 10,897 11,255 11,559 11,992 Provision (credit) for loan losses 292 (20 ) 60 252 Net interest income after provision (credit) for loan losses 10,605 11,275 11,499 11,740 Other income 4,406 4,689 4,462 5,040 Gain on restricted equity security 0 1,750 571 0 Net losses on available-for-sale securities 0 (282 ) (2 ) (4 ) Other expenses 9,895 9,684 9,833 10,074 Income before income tax provision 5,116 7,748 6,697 6,702 Income tax provision 741 1,377 1,111 1,021 Net income $ 4,375 $ 6,371 $ 5,586 $ 5,681 Net income attributable to common shares $ 4,352 $ 6,339 $ 5,558 $ 5,654 Net income per share – basic $ 0.36 $ 0.52 $ 0.45 $ 0.46 Net income per share – diluted $ 0.36 $ 0.52 $ 0.45 $ 0.46 2017 Quarter Ended March 31, June 30, Sept. 30, Dec. 31, 2017 2017 2017 2017 Interest income $ 11,112 $ 11,340 $ 11,626 $ 11,785 Interest expense 953 978 985 999 Net interest income 10,159 10,362 10,641 10,786 Provision for loan losses 452 4 322 23 Net interest income after provision for loan losses 9,707 10,358 10,319 10,763 Other income 3,864 4,106 4,066 4,117 Net gains on available-for-sale securities 145 107 5 0 Other expenses 9,298 9,076 9,192 9,401 Income before income tax provision 4,418 5,495 5,198 5,479 Income tax provision 984 1,374 1,262 3,536 Net income $ 3,434 $ 4,121 $ 3,936 $ 1,943 Net income attributable to common shares $ 3,416 $ 4,100 $ 3,916 $ 1,933 Net income per share – basic $ 0.28 $ 0.34 $ 0.32 $ 0.16 Net income per share – diluted $ 0.28 $ 0.34 $ 0.32 $ 0.16 |
Note 21 - Revenue Recognition
Note 21 - Revenue Recognition | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Revenue from Contract with Customer [Text Block] | 21 . REVENUE RECOGNITION As disclosed in Note 2, January 1, 2018, 2014 09, 606 606. no 606 Additional disclosures related to the Corporation’s largest sources of noninterest income within the consolidated statements of income that are subject to ASC 606 Trust and financial management revenue 401 not not $862,517,000 December 31, 2018 $916,580,000 December 31, 2017. Trust revenue is recorded on a cash basis, which is not 81%, 2018 None Service charges on deposit accounts one not Interchange revenue from debit card transactions one |
Note 22 - Pending Merger
Note 22 - Pending Merger | 12 Months Ended |
Dec. 31, 2018 | |
Notes to Financial Statements | |
Pending Combination Disclosure [Text Block] | 22 . PENDING MERGER On September 28, 2018, two one December 31, 2018, $363 1.0144 $28.10 20% 80% $42.7 September 27, 2018. second 2019. |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2018 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | BASIS OF CONSOLIDATION - December 2018, |
Nature of Operations, Policy [Policy Text Block] | NATURE OF OPERATIONS - The Corporation provides Trust and Financial Management services, including administration of trusts and estates, retirement plans, and other employee benefit plans, and investment management services. The Corporation offers a variety of personal and commercial insurance products through C&N Financial Services Corporation. C&N Financial Services Corporation also offers mutual funds, annuities, educational savings accounts and other investment products through registered agents. Management has determined that the Corporation has one The Corporation is subject to competition from other financial institutions. It is also subject to regulation by certain federal and state agencies and undergoes periodic examination by those regulatory authorities. As a consequence, the Corporation’s business is particularly susceptible to being affected by future federal and state legislation and regulations. |
Use of Estimates, Policy [Policy Text Block] | USE OF ESTIMATES - Material estimates that are particularly susceptible to change include: ( 1 2 3 not 4 5 |
Marketable Securities, Policy [Policy Text Block] | INVESTMENT SECURITIES - Available-for-sale debt securities - not may may Other-than-temporary impairment 1 2 3 4 not Marketable equity security Restricted equity securities |
Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block] | LOANS HELD FOR SALE |
Finance, Loans and Leases Receivable, Policy [Policy Text Block] | LOANS RECEIVABLE - The loans receivable portfolio is segmented into residential mortgage, commercial and consumer loans. The residential mortgage segment includes the following classes: first Loans are placed on nonaccrual status for all classes of loans when, in the opinion of management, collection of interest is doubtful. Any unpaid interest previously accrued on those loans is reversed from income. Interest income is not six no |
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block] | ALLOWANCE FOR LOAN LOSSES no 120 The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Corporation’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may may December 31, 2018 2017, no The allowance consists primarily of two 1 2 The specific component relates to loans that are classified as impaired based on a detailed assessment of certain larger loan relationships evaluated by a management committee referred to as the Watch List Committee. Specific loan relationships are identified for evaluation based on the related credit risk rating. For individual loans classified as impaired, an allowance is established when the collateral value less estimated selling costs, present value of discounted cash flows or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class including commercial loans not not three The qualitative factors used in the general component calculations are designed to address credit risk characteristics associated with each segment. The Corporation’s credit risk associated with all of the segments is significantly impacted by these factors, which include economic conditions within its market area, the Corporation’s lending policies, changes or trends in the portfolio, risk profile, competition, regulatory requirements and other factors. Further, the residential mortgage segment is significantly affected by the values of residential real estate that provide collateral for the loans. The majority of the Corporation’s commercial segment loans (approximately 53% December 31, 2018) Loans are classified as impaired when, based on current information and events, it is probable that the Corporation 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 For commercial loans secured by real estate, estimated fair values are determined primarily through third For commercial and industrial loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging data or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. Loans whose terms are modified are classified as troubled debt restructurings if the Corporation grants such borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a troubled debt restructuring generally involve reductions in required payments, an extension of a loan’s stated maturity date or a temporary reduction in interest rate. Loans classified as troubled debt restructurings are designated as impaired. Nonaccrual troubled debt restructurings may not six |
Property, Plant and Equipment, Policy [Policy Text Block] | BANK PREMISES AND EQUIPMENT |
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | IMPAIRMENT OF LONG-LIVED ASSETS may not may may not |
Finance, Loan and Lease Receivables, Held for Investments, Foreclosed Assets Policy [Policy Text Block] | FORECLOSED ASSETS HELD FOR SALE |
Goodwill and Intangible Assets, Policy [Policy Text Block] | GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS - may may not |
Transfers and Servicing of Financial Assets, Policy [Policy Text Block] | SERVICING RIGHTS |
Income Tax, Policy [Policy Text Block] | INCOME TAXES not no |
Compensation Related Costs, Policy [Policy Text Block] | STOCK COMPENSATION PLANS The fair value of each stock option is estimated on the date of grant using the Black-Scholes-Merton option valuation model. The fair value of restricted stock is based on the current market price on the date of grant. |
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block] | OFF-BALANCE SHEET FINANCIAL INSTRUMENTS - |
Cash and Cash Equivalents, Policy [Policy Text Block] | CASH FLOWS three |
Trust Assets and Income, Policy [Policy Text Block] | TRUST ASSETS AND INCOME not not not |
Note 3 - Comprehensive Income (
Note 3 - Comprehensive Income (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Comprehensive Income (Loss) [Table Text Block] | (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount 2018 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (3,392 ) $ 712 $ (2,680 ) Reclassification adjustment for losses realized in income 288 (60 ) 228 Other comprehensive loss on available-for-sale securities (3,104 ) 652 (2,452 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 101 (21 ) 80 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (17 ) 3 (14 ) Other comprehensive income on unfunded retirement obligations 84 (18 ) 66 Total other comprehensive loss $ (3,020 ) $ 634 $ (2,386 ) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount 2017 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (691 ) $ 242 $ (449 ) Reclassification adjustment for (gains) realized in income (257 ) 89 (168 ) Other comprehensive loss on available-for-sale securities (948 ) 331 (617 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 36 (12 ) 24 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (24 ) 8 (16 ) Other comprehensive income on unfunded retirement obligations 12 (4 ) 8 Total other comprehensive loss $ (936 ) $ 327 $ (609 ) |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | (In Thousands) Accumulated Unrealized Unfunded Other Losses Retirement Comprehensive on Securities Obligations Loss 2018 Balance, beginning of period $ (1,566 ) $ 59 $ (1,507 ) Impact of change in enacted income tax rate (337 ) 12 (325 ) Impact of change in the method of premium amortization of callable debt securities 26 0 26 Impact of change in the method of accounting for marketable equity security 22 0 22 Other comprehensive (loss) income during year ended December 31, 2018 (2,452 ) 66 (2,386 ) Balance, end of period $ (4,307 ) $ 137 $ (4,170 ) 2017 Balance, beginning of period $ (949 ) $ 51 $ (898 ) Other comprehensive (loss) income during year ended December 31, 2017 (617 ) 8 (609 ) Balance, end of period $ (1,566 ) $ 59 $ (1,507 ) |
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] | For the Year Ended December 31, 2018 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ 288 Realized losses on available-for-sale debt securities, net (60 ) Income tax provision 228 Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (30 ) Other noninterest expense Actuarial loss 13 Other noninterest expense (17 ) Total before tax 3 Income tax provision (14 ) Net of tax Total reclassifications for the period $ 214 For the Year Ended December 31, 2017 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ (257 ) Realized gains on available-for-sale debt securities, net 89 Income tax provision (168 ) Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (31 ) Other noninterest expense Actuarial loss 7 Other noninterest expense (24 ) Total before tax 8 Income tax provision (16 ) Net of tax Total reclassifications for the period $ (184 ) |
Note 4 - Per Share Data (Tables
Note 4 - Per Share Data (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Years Ended Dec . 31, Dec . 31, 2018 2017 Basic Net income $ 22,013,000 $ 13,434,000 Less: Dividends and undistributed earnings allocated to participating securities (110,000 ) (69,000 ) Net income attributable to common shares $ 21,903,000 $ 13,365,000 Basic weighted-average common shares outstanding 12,219,209 12,115,840 Basic earnings per common share (a) $ 1.79 $ 1.10 Diluted Net income attributable to common shares $ 21,903,000 $ 13,365,000 Basic weighted-average common shares outstanding 12,219,209 12,115,840 Dilutive effect of potential common stock arising from stock options 38,159 39,296 Diluted weighted-average common shares outstanding 12,257,368 12,155,136 Diluted earnings per common share (a) $ 1.79 $ 1.10 |
Note 5 - Cash and Due From Ba_2
Note 5 - Cash and Due From Banks (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Cash and Cash Equivalents [Table Text Block] | (In thousands) Dec. 31, Dec. 31, 2018 2017 Cash and cash equivalents $ 32,827 $ 37,004 Certificates of deposit 4,660 3,240 Total cash and due from banks $ 37,487 $ 40,244 |
Note 6 - Fair Value Measureme_2
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Fair Value, by Balance Sheet Grouping [Table Text Block] | December 31, 2018 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 12,500 $ 0 $ 15,500 Obligations of states and political subdivisions: Tax-exempt 0 83,952 0 83,952 Taxable 0 27,699 0 27,699 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 53,445 0 53,445 Residential collateralized mortgage obligations 0 145,912 0 145,912 Commercial mortgage-backed securities 0 39,765 0 39,765 Total available-for-sale debt securities 0 363,273 0 363,273 Marketable equity security 950 0 0 950 Servicing rights 0 0 1,404 1,404 Total recurring fair value measurements $ 950 $ 363,273 $ 1,404 $ 365,627 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 4,851 $ 4,851 Valuation allowance 0 0 (1,605 ) (1,605 ) Impaired loans, net 0 0 3,246 3,246 Foreclosed assets held for sale 0 0 1,703 1,703 Total nonrecurring fair value measurements $ 0 $ 0 $ 4,949 $ 4,949 December 31, 2017 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 7,873 $ 0 $ 7,873 Obligations of states and political subdivisions: Tax-exempt 0 105,111 0 105,111 Taxable 0 25,573 0 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 52,347 0 52,347 Residential collateralized mortgage obligations 0 131,814 0 131,814 Commercial mortgage-backed securities 0 33,219 0 33,219 Total available-for-sale debt securities 0 355,937 0 355,937 Marketable equity security 971 0 0 971 Servicing rights 0 0 1,299 1,299 Total recurring fair value measurements $ 971 $ 355,937 $ 1,299 $ 358,207 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 3,776 $ 3,776 Valuation allowance 0 0 (1,183 ) (1,183 ) Impaired loans, net 0 0 2,593 2,593 Foreclosed assets held for sale 0 0 1,598 1,598 Total nonrecurring fair value measurements $ 0 $ 0 $ 4,191 $ 4,191 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | (In Thousands) Years Ended December 31, 2018 2017 Balance, beginning of period $ 1,299 $ 1,262 Issuances of servicing rights 188 205 Unrealized losses included in earnings (83 ) (168 ) Balance, end of period $ 1,404 $ 1,299 |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | (In Thousands) Valuation December 31, 201 8 December 31, 201 7 Method(s) Carrying Fair Carrying Fair Used Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 32,827 $ 32,827 $ 37,004 $ 37,004 Certificates of deposit Level 2 4,660 4,634 3,240 3,234 Restricted equity securities (included in Other Assets) Level 2 5,712 5,712 6,556 6,556 Loans, net Level 3 818,254 825,809 806,857 789,891 Accrued interest receivable Level 2 3,968 3,968 4,048 4,048 Financial liabilities: Deposits with no stated maturity Level 2 804,207 804,207 794,778 794,778 Time deposits Level 2 229,565 229,751 213,671 213,734 Short-term borrowings Level 2 12,853 12,617 61,766 61,643 Long-term borrowings Level 2 35,915 35,902 9,189 9,256 Accrued interest payable Level 2 142 142 46 46 |
Fair Value, Measurements, Nonrecurring [Member] | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | (In Thousands, Except Weighted- Percentages) Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/18 12/31/18 12/31/18 Technique Inputs 12/31/18 Impaired loans: Residential mortgage loans - first liens $ 509 $ 116 $ 393 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,515 781 1,734 Sales comparison Discount to appraised value 16 % Commercial and industrial 75 75 0 Sales comparison Discount to appraised value 100 % Commercial and industrial 1,265 584 681 Sales comparison Discount to borrower's financial statement value 36 % Loans secured by farmland 487 49 438 Sales comparison Discount to appraised value 56 % Total impaired loans $ 4,851 $ 1,605 $ 3,246 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 64 $ 0 $ 64 Sales comparison Discount to appraised value 68 % Land 110 0 110 Sales comparison Discount to appraised value 61 % Commercial real estate 1,529 0 1,529 Sales comparison Discount to appraised value 20 % Total foreclosed assets held for sale $ 1,703 $ 0 $ 1,703 (In Thousands, Except Weighted- Percentages) Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/17 12/31/17 12/31/17 Technique Inputs 12/31/17 Impaired loans: Residential mortgage loans - first liens $ 515 $ 122 $ 393 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,641 919 1,722 Sales comparison Discount to appraised value 16 % Commercial and industrial 126 92 34 Sales comparison Discount to appraised value 72 % Loans secured by farmland 494 50 444 Sales comparison Discount to appraised value 53 % Total impaired loans $ 3,776 $ 1,183 $ 2,593 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 721 $ 0 $ 721 Sales comparison Discount to appraised value 37 % Land 632 0 632 Sales comparison Discount to appraised value 35 % Commercial real estate 245 0 245 Sales comparison Discount to appraised value 71 % Total foreclosed assets held for sale $ 1,598 $ 0 $ 1,598 |
Fair Value, Measurements, Recurring [Member] | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | Fair Value at 12/31/1 8 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/1 8 Servicing rights $ 1,404 Discounted cash flow Discount rate 12.50 % Rate used through modeling period Loan prepayment speeds 114.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs Fair Value at 12/31/1 7 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/1 7 Servicing rights $ 1,299 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 140.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs |
Note 7 - Securities (Tables)
Note 7 - Securities (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Available-for-sale Securities [Table Text Block] | December 31, 2018 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 12,331 $ 169 $ 0 $ 12,500 Obligations of states and political subdivisions: Tax-exempt 84,204 949 (1,201 ) 83,952 Taxable 27,618 208 (127 ) 27,699 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 54,827 48 (1,430 ) 53,445 Residential collateralized mortgage obligations 148,964 238 (3,290 ) 145,912 Commercial mortgage-backed securities 40,781 166 (1,182 ) 39,765 Total $ 368,725 $ 1,778 $ (7,230 ) $ 363,273 December 31, 2017 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 8,026 $ 0 $ (153 ) $ 7,873 Obligations of states and political subdivisions: Tax-exempt 103,673 2,291 (853 ) 105,111 Taxable 25,431 226 (84 ) 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 52,992 79 (724 ) 52,347 Residential collateralized mortgage obligations 134,314 110 (2,610 ) 131,814 Commercial mortgage-backed securities 33,881 4 (666 ) 33,219 Total $ 358,317 $ 2,710 $ (5,090 ) $ 355,937 |
Schedule of Unrealized Loss on Investments [Table Text Block] | December 31, 2018 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of states and political subdivisions: Tax-exempt $ 5,084 $ (11 ) $ 32,684 $ (1,190 ) $ 37,768 $ (1,201 ) Taxable 980 (2 ) 11,418 (125 ) 12,398 (127 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 5,592 (4 ) 42,309 (1,426 ) 47,901 (1,430 ) Residential collateralized mortgage obligations 1,892 (8 ) 101,662 (3,282 ) 103,554 (3,290 ) Commercial mortgage-backed securities 0 0 32,552 (1,182 ) 32,552 (1,182 ) Total $ 13,548 $ (25 ) $ 220,625 $ (7,205 ) $ 234,173 $ (7,230 ) December 31, 2017 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of U.S. Government agencies $ 0 $ 0 $ 7,873 $ (153 ) $ 7,873 $ (153 ) Obligations of states and political subdivisions: Tax-exempt 19,050 (135 ) 24,391 (718 ) 43,441 (853 ) Taxable 9,279 (45 ) 2,116 (39 ) 11,395 (84 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 25,255 (242 ) 22,549 (482 ) 47,804 (724 ) Residential collateralized mortgage obligations 50,812 (589 ) 68,558 (2,021 ) 119,370 (2,610 ) Commercial mortgage-backed securities 14,713 (173 ) 14,569 (493 ) 29,282 (666 ) Total $ 119,109 $ (1,184 ) $ 140,056 $ (3,906 ) $ 259,165 $ (5,090 ) |
Realized Gain (Loss) on Investments [Table Text Block] | (In Thousands) 2018 2017 Gross realized gains from sales $ 259 $ 315 Gross realized losses from sales (547 ) (58 ) Net realized (losses) gains $ (288 ) $ 257 Income tax (credit) provision related to net realized (losses) gains $ (60 ) $ 89 |
Investments Classified by Contractual Maturity Date [Table Text Block] | December 31, 2018 Amortized Fair (In Thousands) Cost Value Due in one year or less $ 21,962 $ 22,138 Due from one year through five years 34,488 34,629 Due from five years through ten years 39,532 39,004 Due after ten years 28,171 28,380 Sub-total 124,153 124,151 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 54,827 53,445 Residential collateralized mortgage obligations 148,964 145,912 Commercial mortgage-backed securities 40,781 39,765 Total $ 368,725 $ 363,273 |
Gain (Loss) on Securities [Table Text Block] | (In Thousands) 2018 2017 Net gains recognized during the period on equity securities $ 2,300 $ 0 Less: net gains recognized during the period on equity securities sold during the period (2,321 ) 0 Unrealized losses recognized during the period on equity securities still held at the reporting date $ (21 ) $ 0 |
Note 8 - Loans (Tables)
Note 8 - Loans (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Summary of Loans by Type (In Thousands) Dec. 31, Dec. 31, 2018 2017 Residential mortgage: Residential mortgage loans - first liens $ 372,339 $ 359,987 Residential mortgage loans - junior liens 25,450 25,325 Home equity lines of credit 34,319 35,758 1-4 Family residential construction 24,698 26,216 Total residential mortgage 456,806 447,286 Commercial: Commercial loans secured by real estate 162,611 159,266 Commercial and industrial 91,856 88,276 Political subdivisions 53,263 59,287 Commercial construction and land 11,962 14,527 Loans secured by farmland 7,146 7,255 Multi-family (5 or more) residential 7,180 7,713 Agricultural loans 5,659 6,178 Other commercial loans 13,950 10,986 Total commercial 353,627 353,488 Consumer 17,130 14,939 Total 827,563 815,713 Less: allowance for loan losses (9,309 ) (8,856 ) Loans, net $ 818,254 $ 806,857 |
Allowance for Credit Losses on Financing Receivables [Table Text Block] | Year Ended December 31, 2018 Dec. 31, Dec. 31, (In Thousands) 2017 Balance Charge-offs Recoveries Provision (Credit) 2018 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,200 $ (108 ) $ 4 $ 60 $ 3,156 Residential mortgage loans - junior liens 224 0 4 97 325 Home equity lines of credit 296 (50 ) 0 56 302 1-4 Family residential construction 243 0 0 (40 ) 203 Total residential mortgage 3,963 (158 ) 8 173 3,986 Commercial: Commercial loans secured by real estate 2,584 (21 ) 0 (25 ) 2,538 Commercial and industrial 1,065 (144 ) 6 626 1,553 Commercial construction and land 150 0 0 (40 ) 110 Loans secured by farmland 105 0 0 (3 ) 102 Multi-family (5 or more) residential 172 0 311 (369 ) 114 Agricultural loans 57 0 0 (11 ) 46 Other commercial loans 102 0 0 26 128 Total commercial 4,235 (165 ) 317 204 4,591 Consumer 159 (174 ) 41 207 233 Unallocated 499 0 0 0 499 Total Allowance for Loan Losses $ 8,856 $ (497 ) $ 366 $ 584 $ 9,309 Year Ended December 31, 2017 Dec. 31, Dec. 31, (In Thousands) 2016 Balance Charge-offs Recoveries Provision (Credit) 2017 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,033 $ (167 ) $ 15 $ 319 $ 3,200 Residential mortgage loans - junior liens 258 (16 ) 4 (22 ) 224 Home equity lines of credit 350 (14 ) 0 (40 ) 296 1-4 Family residential construction 249 0 0 (6 ) 243 Total residential mortgage 3,890 (197 ) 19 251 3,963 Commercial: Commercial loans secured by real estate 2,380 (96 ) 0 300 2,584 Commercial and industrial 999 (36 ) 4 98 1,065 Commercial construction and land 162 0 0 (12 ) 150 Loans secured by farmland 110 0 0 (5 ) 105 Multi-family (5 or more) residential 241 0 0 (69 ) 172 Agricultural loans 40 0 0 17 57 Other commercial loans 115 0 0 (13 ) 102 Total commercial 4,047 (132 ) 4 316 4,235 Consumer 138 (150 ) 38 133 159 Unallocated 398 0 0 101 499 Total Allowance for Loan Losses $ 8,473 $ (479 ) $ 61 $ 801 $ 8,856 |
Financing Receivable Credit Quality Indicators [Table Text Block] | December 31, 2018 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 363,407 $ 937 $ 7,944 $ 51 $ 372,339 Residential mortgage loans - junior liens 24,841 176 433 0 25,450 Home equity lines of credit 33,659 59 601 0 34,319 1-4 Family residential construction 24,698 0 0 0 24,698 Total residential mortgage 446,605 1,172 8,978 51 456,806 Commercial: Commercial loans secured by real estate 156,308 740 5,563 0 162,611 Commercial and Industrial 84,232 5,230 2,394 0 91,856 Political subdivisions 53,263 0 0 0 53,263 Commercial construction and land 11,887 0 75 0 11,962 Loans secured by farmland 5,171 168 1,796 11 7,146 Multi-family (5 or more) residential 7,180 0 0 0 7,180 Agricultural loans 4,910 84 665 0 5,659 Other commercial loans 13,879 0 71 0 13,950 Total commercial 336,830 6,222 10,564 11 353,627 Consumer 17,116 0 14 0 17,130 Totals $ 800,551 $ 7,394 $ 19,556 $ 62 $ 827,563 December 31, 2017 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 350,609 $ 307 $ 9,019 $ 52 $ 359,987 Residential mortgage loans - junior liens 24,795 104 426 0 25,325 Home equity lines of credit 35,233 61 464 0 35,758 1-4 Family residential construction 26,216 0 0 0 26,216 Total residential mortgage 436,853 472 9,909 52 447,286 Commercial: Commercial loans secured by real estate 150,806 936 7,524 0 159,266 Commercial and Industrial 82,724 3,896 1,645 11 88,276 Political subdivisions 59,287 0 0 0 59,287 Commercial construction and land 14,449 0 78 0 14,527 Loans secured by farmland 5,283 581 1,379 12 7,255 Multi-family (5 or more) residential 7,130 0 583 0 7,713 Agricultural loans 5,203 270 705 0 6,178 Other commercial loans 10,913 0 73 0 10,986 Total commercial 335,795 5,683 11,987 23 353,488 Consumer 14,853 0 86 0 14,939 Totals $ 787,501 $ 6,155 $ 21,982 $ 75 $ 815,713 |
Impaired Financing Receivable by Portfolio Segment [Table Text Block] | December 31, 2018 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 991 $ 371,348 $ 372,339 $ 0 $ 3,156 $ 3,156 Residential mortgage loans - junior liens 293 25,157 25,450 116 209 325 Home equity lines of credit 0 34,319 34,319 0 302 302 1-4 Family residential construction 0 24,698 24,698 0 203 203 Total residential mortgage 1,284 455,522 456,806 116 3,870 3,986 Commercial: Commercial loans secured by real estate 4,302 158,309 162,611 781 1,757 2,538 Commercial and industrial 2,157 89,699 91,856 659 894 1,553 Political subdivisions 0 53,263 53,263 0 0 0 Commercial construction and land 0 11,962 11,962 0 110 110 Loans secured by farmland 1,349 5,797 7,146 49 53 102 Multi-family (5 or more) residential 0 7,180 7,180 0 114 114 Agricultural loans 665 4,994 5,659 0 46 46 Other commercial loans 0 13,950 13,950 0 128 128 Total commercial 8,473 345,154 353,627 1,489 3,102 4,591 Consumer 17 17,113 17,130 0 233 233 Unallocated 499 Total $ 9,774 $ 817,789 $ 827,563 $ 1,605 $ 7,205 $ 9,309 December 31, 2017 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 984 $ 359,003 $ 359,987 $ 0 $ 3,200 $ 3,200 Residential mortgage loans - junior liens 302 25,023 25,325 122 102 224 Home equity lines of credit 0 35,758 35,758 0 296 296 1-4 Family residential construction 0 26,216 26,216 0 243 243 Total residential mortgage 1,286 446,000 447,286 122 3,841 3,963 Commercial: Commercial loans secured by real estate 5,873 153,393 159,266 919 1,665 2,584 Commercial and industrial 568 87,708 88,276 188 877 1,065 Political subdivisions 0 59,287 59,287 0 0 0 Commercial construction and land 0 14,527 14,527 0 150 150 Loans secured by farmland 1,365 5,890 7,255 50 55 105 Multi-family (5 or more) residential 392 7,321 7,713 0 172 172 Agricultural loans 7 6,171 6,178 0 57 57 Other commercial loans 0 10,986 10,986 0 102 102 Total commercial 8,205 345,283 353,488 1,157 3,078 4,235 Consumer 20 14,919 14,939 0 159 159 Unallocated 499 Total $ 9,511 $ 806,202 $ 815,713 $ 1,279 $ 7,078 $ 8,856 |
Impaired Financing Receivables [Table Text Block] | (In Thousands) December 31, 2018 December 31, 2017 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related allowance recorded: Residential mortgage loans - first liens $ 750 $ 721 $ 0 $ 740 $ 711 $ 0 Residential mortgage loans - junior liens 54 54 0 60 60 0 Commercial loans secured by real estate 1,787 1,787 0 3,230 3,230 0 Commercial and industrial 817 817 0 119 119 0 Loans secured by farmland 862 862 0 871 871 0 Multi-family (5 or more) residential 0 0 0 987 392 0 Agricultural loans 665 665 0 8 8 0 Consumer 17 17 0 20 20 0 Total with no related allowance recorded 4,952 4,923 0 6,035 5,411 0 With a related allowance recorded: Residential mortgage loans - first liens 270 270 0 273 273 0 Residential mortgage loans - junior liens 239 239 116 242 242 122 Commercial loans secured by real estate 2,515 2,515 781 2,641 2,641 919 Commercial and industrial 1,340 1,340 659 449 449 188 Loans secured by farmland 487 487 49 495 495 50 Total with a related allowance recorded 4,851 4,851 1,605 4,100 4,100 1,279 Total $ 9,803 $ 9,774 $ 1,605 $ 10,135 $ 9,511 $ 1,279 |
Schedule Of Additional Information On Impaired Loans [Table Text Block] | Interest Income Recognized Average Investment in on Impaired Loans Impaired Loans On a Cash Basis (In Thousands) Year Ended December 31, Year Ended December 31, 2018 2017 2018 2017 Residential mortgage: Residential mortgage loans - first lien $ 980 $ 857 $ 52 $ 52 Residential mortgage loans - junior lien 297 112 11 15 Total residential mortgage 1,277 969 63 67 Commercial: Commercial loans secured by real estate 4,897 6,272 141 173 Commercial and industrial 708 301 47 24 Loans secured by farmland 1,357 1,379 35 45 Multi-family (5 or more) residential 314 392 0 0 Agricultural loans 542 10 46 1 Total commercial 7,818 8,354 269 243 Consumer 18 26 1 1 Total $ 9,113 $ 9,349 $ 333 $ 311 |
Schedule of Financing Receivables, Non Accrual Status [Table Text Block] | (In Thousands) December 31, 2018 December 31, 2017 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Residential mortgage: Residential mortgage loans - first liens $ 1,633 $ 4,750 $ 2,340 $ 5,131 Residential mortgage loans - junior liens 151 239 105 242 Home equity lines of credit 219 27 203 44 Total residential mortgage 2,003 5,016 2,648 5,417 Commercial: Commercial loans secured by real estate 394 3,958 175 5,645 Commercial and industrial 18 2,111 603 517 Commercial construction and land 0 52 26 52 Loans secured by farmland 459 1,297 271 1,308 Multi-family (5 or more) residential 0 0 0 392 Agricultural loans 0 665 0 7 Total commercial 871 8,083 1,075 7,921 Consumer 32 14 1 66 Totals $ 2,906 $ 13,113 $ 3,724 $ 13,404 |
Past Due Financing Receivables [Table Text Block] | As of December 31, 2018 As of December 31, 2017 Current & Current & (In Thousands) Past Due Past Due Past Due Past Due Past Due Past Due Less than 30-89 90+ Less than 30-89 90+ 30 Days Days Days Total 30 Days Days Days Total Residential mortgage: Residential mortgage loans - first liens $ 361,362 $ 6,414 $ 4,563 $ 372,339 $ 347,032 $ 7,967 $ 4,988 $ 359,987 Residential mortgage loans - junior liens 24,876 184 390 25,450 25,133 87 105 25,325 Home equity lines of credit 33,611 480 228 34,319 34,789 732 237 35,758 1-4 Family residential construction 24,531 167 0 24,698 25,667 549 0 26,216 Total residential mortgage 444,380 7,245 5,181 456,806 432,621 9,335 5,330 447,286 Commercial: Commercial loans secured by real estate 160,668 226 1,717 162,611 155,917 311 3,038 159,266 Commercial and industrial 90,915 152 789 91,856 87,306 303 667 88,276 Political subdivisions 53,263 0 0 53,263 59,287 0 0 59,287 Commercial construction and land 11,910 0 52 11,962 14,400 49 78 14,527 Loans secured by farmland 5,390 487 1,269 7,146 6,226 12 1,017 7,255 Multi-family (5 or more) residential 7,104 76 0 7,180 7,321 0 392 7,713 Agricultural loans 5,624 29 6 5,659 6,114 57 7 6,178 Other commercial loans 13,950 0 0 13,950 10,986 0 0 10,986 Total commercial 348,824 970 3,833 353,627 347,557 732 5,199 353,488 Consumer 16,991 93 46 17,130 14,760 123 56 14,939 Totals $ 810,195 $ 8,308 $ 9,060 $ 827,563 $ 794,938 $ 10,190 $ 10,585 $ 815,713 |
Contractual Aging of Nonaccrual Loans [Table Text Block] | <table style="margin-right: 15%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Current &</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 40%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Less than</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" rowspan="1" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">30-89</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">90+</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">30 Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Total</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">December 31</div><div style="display: inline; font-weight: bold;">, 2018 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,793</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,166</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,154</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,113</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">December 31, 2017 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,802</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">741</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,861</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,404</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div>" id="sjs-B12"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="margin-right: 15%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Current &</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 40%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Less than</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" rowspan="1" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">30-89</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">90+</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">30 Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Total</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">December 31</div><div style="display: inline; font-weight: bold;">, 2018 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,793</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,166</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,154</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,113</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">December 31, 2017 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,802</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">741</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,861</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 12%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,404</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div> |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | Current & (In Thousands) Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Nonaccrual Total December 31, 2018 Totals $ 612 $ 43 $ 0 $ 2,884 $ 3,539 December 31, 2017 Totals $ 636 $ 0 $ 0 $ 3,027 $ 3,663 |
Schedule of Real Estate Acquired Through Foreclosure [Table Text Block] | (In Thousands) Dec. 31, Dec. 31, 2018 2017 Foreclosed residential real estate $ 64 $ 721 |
Schedule of Mortgage Loans in Process of Foreclosure [Table Text Block] | <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Dec. 31,</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Dec. 31,</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Residential real estate in process of foreclosure</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,097</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,789</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </table></div>" id="sjs-B15"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Dec. 31,</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Dec. 31,</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Residential real estate in process of foreclosure</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,097</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,789</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </table></div> |
Troubled Debt Restructuring [Member] | |
Notes Tables | |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | (Balances in Thousands) 2018 2017 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a six-month period 1 $ 80 0 $ 0 Commercial loans secured by real estate, Extended interest only payments for a six-month period 2 36 0 0 Commercial and industrial, Extended interest only payments for a six-month period 1 46 0 0 Total 4 $ 162 0 $ 0 |
Note 9 - Bank Premises and Eq_2
Note 9 - Bank Premises and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | (In Thousands) December 31, 2018 2017 Land $ 2,803 $ 2,818 Buildings and improvements 27,343 28,285 Furniture and equipment 16,577 15,578 Construction in progress 2 268 Total 46,725 46,949 Less: accumulated depreciation (32,133 ) (31,517 ) Net $ 14,592 $ 15,432 |
Schedule of Depreciation Expense [Table Text Block] | (In Thousands) 2018 2017 Occupancy expense $ 849 $ 801 Furniture and equipment expense 684 758 Data processing expenses 183 80 Telecommunications expenses 38 0 Total $ 1,754 $ 1,639 |
Note 10 - Intangible Assets (Ta
Note 10 - Intangible Assets (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | December 31, (In Thousands) 2018 2017 Gross amount $ 2,034 $ 2,034 Less: accumulated amortization (2,025 ) (2,022 ) Net $ 9 $ 12 |
Note 11 - Deposits (Tables)
Note 11 - Deposits (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Time Deposit Maturities [Table Text Block] | (In Thousands) 2019 $ 131,208 2020 56,279 2021 18,518 2022 11,463 2023 10,814 Thereafter 1,283 Total $ 229,565 |
Schedule of Remaining Maturities of Time Deposits in Excess of 250000 [Table Text Block] | (In Thousands) Three months or less $ 18,327 Over 3 months through 12 months 14,349 Over 1 year through 3 years 1,341 Over 3 years 2,077 Total $ 36,094 |
Note 12 - Borrowed Funds (Table
Note 12 - Borrowed Funds (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Short-term Debt [Table Text Block] | (In Thousands) Dec. 31, Dec. 31, 2018 2017 FHLB-Pittsburgh borrowings $ 7,000 $ 58,000 Customer repurchase agreements 5,853 3,766 Total short-term borrowings $ 12,853 $ 61,766 (In Thousands) Dec. 31, Dec. 31 2018 2017 Overnight borrowing $ 7,000 $ 29,000 Other short-term advances 0 29,000 Total short-term FHLB-Pittsburgh borrowings $ 7,000 $ 58,000 |
Schedule of Maturities of Long-term Debt [Table Text Block] | LONG-TERM BORROWINGS Long-term borrowings from FHLB - Pittsburgh are as follows: (In Thousands) Dec. 31, Dec. 31, 2018 2017 Loan matured in November 2018 with a rate of 1.63% $ 0 $ 3,000 Loan matured in December 2018 with a rate of 1.35% 0 3,000 Loan maturing in January 2019 with a rate of 1.83% 2,000 2,000 Loan maturing in February 2019 with a rate of 1.95% 3,000 0 Loan maturing in March 2019 with a rate of 2.15% 3,000 0 Loan maturing in April 2019 with a rate of 2.24% 3,000 0 Loan maturing in May 2019 with a rate of 2.30% 3,000 0 Loan maturing in June 2019 with a rate of 2.42% 3,000 0 Loan maturing in July 2019 with a rate of 2.41% 3,000 0 Loan maturing in August 2019 with a rate of 2.48% 3,000 0 Loan maturing in September 2019 with a rate of 2.53% 3,000 0 Loan maturing in November 2019 with a rate of 2.75% 3,000 0 Loan maturing in December 2019 with a rate of 2.77% 3,000 0 Loan maturing in January 2020 with a rate of 2.73% 3,000 0 Loan maturing in April 2020 with a rate of 4.79% 271 463 Loan maturing in June 2025 with a rate of 4.91% 644 726 Total long-term FHLB-Pittsburgh borrowings $ 35,915 $ 9,189 |
Note 13 - Employee and Postre_2
Note 13 - Employee and Postretirement Benefit Plans (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Net Funded Status [Table Text Block] | (In Thousands) Pension Postretirement 2018 2017 2018 2017 CHANGE IN BENEFIT OBLIGATION: Benefit obligation at beginning of year $ 850 $ 713 $ 1,497 $ 1,555 Service cost 0 0 40 36 Interest cost 25 24 51 57 Plan participants' contributions 0 0 206 211 Actuarial loss (gain) 11 127 (192 ) (103 ) Benefits paid (16 ) (14 ) (253 ) (259 ) Benefit obligation at end of year $ 870 $ 850 $ 1,349 $ 1,497 CHANGE IN PLAN ASSETS: Fair value of plan assets at beginning of year $ 923 $ 846 $ 0 $ 0 Actual return on plan assets (60 ) 91 0 0 Employer contribution 0 0 47 48 Plan participants' contributions 0 0 206 211 Benefits paid (16 ) (14 ) (253 ) (259 ) Fair value of plan assets at end of year $ 847 $ 923 $ 0 $ 0 Funded status at end of year $ (23 ) $ 73 $ (1,349 ) $ (1,497 ) |
Schedule of Amounts Recognized in Balance Sheet [Table Text Block] | Assets and liabilities: (In Thousands) Pension Postretirement 2018 2017 2018 2017 Other assets $ 73 Accrued interest and other liabilities $ 23 $ 1,349 $ 1,497 |
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] | Items not yet recognized as a component of net periodic benefit cost: (In Thousands) Pension Postretirement 2018 2017 2018 2017 Prior service cost $ 0 $ 0 $ (279 ) $ (309 ) Net actuarial loss (gain) 299 221 (194 ) (2 ) Total $ 299 $ 221 $ (473 ) $ (311 ) |
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | (In Thousands) Pension Postretirement 2018 2017 2018 2017 Service cost $ 0 $ 0 $ 40 $ 36 Interest cost 25 24 51 57 Expected return on plan assets (20 ) (31 ) 0 0 Amortization of prior service cost 0 0 (30 ) (31 ) Recognized net actuarial loss 13 7 0 0 Total net periodic benefit cost $ 18 $ 0 $ 61 $ 62 |
Schedule of Assumptions Used [Table Text Block] | Pension Postretirement 2018 2017 2018 2017 Citizens Trust Company Retirement Plan and postretirement plan: Discount rate 3.55 % 4.05 % 3.75 % 4.25 % Expected return on plan assets 4.32 % 6.00 % N/A N/A Rate of compensation increase N/A N/A N/A N/A Pension Postretirement 2018 2017 2018 2017 Discount rate 4.10 % 3.55 % 4.50 % 3.75 % Rate of compensation increase N/A N/A N/A N/A |
Schedule of Expected Benefit Payments [Table Text Block] | (In Thousands) Pension Postretirement 2019 $ 369 $ 91 2020 15 102 2021 14 99 2022 16 104 2023 168 94 2024 - 2028 338 533 |
Schedule of Allocation of Plan Assets [Table Text Block] | 2018 2017 Mutual funds invested principally in: Cash and cash equivalents 3 % 2 % Debt securities 40 % 37 % Equity securities 45 % 45 % Alternative funds 12 % 16 % Total 100 % 100 % |
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] | (In Thousands) 2018 2017 Restricted stock $ 855 $ 627 Stock options 0 0 Total $ 855 $ 627 |
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block] | Weighted Average Number Grant Date of Shares Fair Value Outstanding, December 31, 2017 60,757 $ 23.17 Granted 34,552 $ 24.21 Vested (27,025 ) $ 23.00 Forfeited (7,939 ) $ 23.39 Outstanding, December 31, 2018 60,345 $ 23.81 |
Share-based Compensation, Stock Options, Activity [Table Text Block] | 2018 2017 Weighted Weighted Average Average Exercise Exercise Shares Price Shares Price Outstanding, beginning of year 165,660 $ 18.49 202,037 $ 18.58 Granted 0 0 Exercised (41,210 ) $ 18.69 (24,976 ) $ 17.50 Forfeited 0 (635 ) $ 19.88 Expired (8,736 ) $ 17.50 (10,766 ) $ 22.33 Outstanding, end of year 115,714 $ 18.49 165,660 $ 18.49 Options exercisable at year-end 115,714 $ 18.49 165,660 $ 18.49 Weighted-average fair value of options forfeited N/A $ 4.21 |
Restricted Stock [Member] | |
Notes Tables | |
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] | 2018 2017 Executive officers 16,578 14,897 Other employees 8,888 7,415 Total 25,466 22,312 |
Note 14 - Income Taxes (Tables)
Note 14 - Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | December 31, December 31, (In Thousands) 201 8 201 7 Deferred tax assets: Unrealized holding losses on securities: Included in accumulated other comprehensive loss $ 1,145 $ 843 Included in retained earnings 0 (337 ) Allowance for loan losses 2,005 1,894 Other deferred tax assets 2,049 1,726 Total deferred tax assets 5,199 4,126 Deferred tax liabilities: Defined benefit plans - ASC 835: Included in accumulated other comprehensive loss 37 31 Included in retained earnings 0 (12 ) Bank premises and equipment 907 751 Core deposit intangibles 2 3 Other deferred tax liabilities 143 64 Total deferred tax liabilities 1,089 837 Deferred tax asset, net $ 4,110 $ 3,289 |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | (In thousands) 201 8 2017 Currently payable $ 4,350 $ 4,938 Tax expense resulting from allocations of certain tax benefits as a reduction in other assets 87 63 Deferred (187 ) 2,155 Total provision $ 4,250 $ 7,156 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | (Amounts in thousands) 2018 2017 Amount % Amount % Expected provision $ 5,515 21.00 $ 7,207 35.00 Tax-exempt interest income (1,046 ) (3.98 ) (1,817 ) (8.82 ) Increase in cash surrender value and other income from life insurance, net (170 ) (0.65 ) (121 ) (0.59 ) ESOP dividends (98 ) (0.37 ) (154 ) (0.75 ) State income tax, net of federal benefit 125 0.48 70 0.34 Effect of tax rate change 0 0.00 2,159 10.49 Other, net (76 ) (0.29 ) (188 ) (0.92 ) Effective income tax provision $ 4,250 16.18 $ 7,156 34.75 |
Note 15 - Related Party Trans_2
Note 15 - Related Party Transactions (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Related Party Transactions [Table Text Block] | (In Thousands) Beginning New Other Ending Balance Loans Repayments Changes Balance 11 directors, 8 executive officers 2018 $ 14,412 $ 3,553 $ (1,417 ) $ (1,404 ) $ 15,144 12 directors, 7 executive officers 2017 11,414 2,128 (2,061 ) 2,931 14,412 |
Note 16 - Off-balance Sheet R_2
Note 16 - Off-balance Sheet Risk (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block] | (In Thousands) 201 8 201 7 Commitments to extend credit $ 191,672 $ 187,919 Standby letters of credit 7,227 7,445 |
Schedule of Off-Balance Sheet Risks, Expirations [Table Text Block] | Year of Expiration (In Thousands) 2019 $ 7,020 2020 207 Total $ 7,227 |
Note 18 - Regulatory Matters (T
Note 18 - Regulatory Matters (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block] | (Dollars in Thousands) Actual Minimum Capital Requirement Minimum To Maintain Capital Conservation Buffer at Reporting Date Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Minimum To Meet the Corporation's Policy Thresholds Amount Ratio Amount Ratio Amount Ratio Amount Ratio Amount Ratio Dece mber 3 1 , 2018: Total capital to risk-weighted assets: Consolidated $ 199,226 24.42 % N/A N/A N/A N/A N/A N/A $ 85,653 > % C&N Bank 176,499 21.75 % 64,916 > % 80,130 > % 81,145 > % 85,202 > % Tier 1 capital to risk-weighted assets: Consolidated 189,589 23.24 % N/A N/A N/A N/A N/A N/A 69,338 > % C&N Bank 166,862 20.56 % 48,687 > % 63,901 > % 64,916 > % 68,976 > % Common equity tier 1 capital to risk-weighted assets: Consolidated 189,589 23.24 % N/A N/A N/A N/A N/A N/A 57,102 > % C&N Bank 166,862 20.56 % 36,515 > % 51,730 > % 52,744 > % 56,801 > % Tier 1 capital to average assets: Consolidated 189,589 14.78 % N/A N/A N/A N/A N/A N/A 102,634 > % C&N Bank 166,862 13.16 % 50,715 > % N/A N/A 63,394 > % 101,430 > % December 31, 2017: Total capital to risk-weighted assets: Consolidated $ 187,097 23.07 % $ 64,872 > % $ 75,008 > % $ 81,090 > % $ 85,144 > % C&N Bank 165,142 20.47 % 64,528 > % 74,611 > % 80,661 > % 84,694 > % Tier 1 capital to risk-weighted assets: Consolidated 177,981 21.95 % 48,654 > % 58,790 > % 64,872 > % 68,926 > % C&N Bank 156,026 19.34 % 48,396 > % 58,479 > % 64,528 > % 68,561 > % Common equity tier 1 capital to risk-weighted assets: Consolidated 177,981 21.95 % 36,490 > % 46,626 > % 52,708 > % 56,763 > % C&N Bank 156,026 19.34 % 36,297 > % 46,380 > % 52,429 > % 56,462 > % Tier 1 capital to average assets: Consolidated 177,981 14.23 % 50,023 > % N/A N/A 62,529 > % 62,529 > % C&N Bank 156,026 12.63 % 49,418 > % N/A N/A 61,772 > % 61,772 > % |
Regulatory Capital Requirements Under Banking Regulations Transition Schedule for New Ratios [Table Text Block] | As of January 1: 2018 2019 Minimum common equity tier 1 capital ratio 4.5 % 4.5 % Common equity tier 1 capital conservation buffer 1.875 % 2.5 % Minimum common equity tier 1 capital ratio plus capital conservation buffer 6.375 % 7.0 % Phase-in of most deductions from common equity tier 1 capital 100 % 100 % Minimum tier 1 capital ratio 6.0 % 6.0 % Minimum tier 1 capital ratio plus capital conservation buffer 7.875 % 8.5 % Minimum total capital ratio 8.0 % 8.0 % Minimum total capital ratio plus capital conservation buffer 9.875 % 10.5 % |
Regulatory Capital Requirements Payout Restrictions Based on Capital Conservation Buffer [Table Text Block] | Capital Conservation Buffer Maximum Payout (as a % of risk-weighted assets) (as a % of eligible retained income) Greater than 2.5% No payout limitation applies ≤2.5% and >1.875% 60 % ≤1.875% and >1.25% 40 % ≤1.25% and >0.625% 20 % ≤0.625% 0 % |
Note 19 - Parent Company Only (
Note 19 - Parent Company Only (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Condensed Balance Sheet [Table Text Block] | CONDENSED BALANCE SHEET December 31, (In Thousands) 2018 2017 ASSETS Cash $ 7,389 $ 6,790 Investment in subsidiaries: Citizens & Northern Bank 174,795 166,576 Citizens & Northern Investment Corporation 11,697 11,588 Bucktail Life Insurance Company 3,525 3,488 Other assets 6 15 TOTAL ASSETS $ 197,412 $ 188,457 LIABILITIES AND STOCKHOLDERS' EQUITY Other liabilities $ 44 $ 14 Stockholders' equity 197,368 188,443 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 197,412 $ 188,457 |
Condensed Income Statement [Table Text Block] | CONDENSED INCOME STATEMENT (In Thousands) 2018 2017 Dividends from Citizens & Northern Bank $ 12,800 $ 12,022 Expenses (681 ) (233 ) Income before equity in undistributed income of subsidiaries 12,119 11,789 Equity in undistributed income of subsidiaries 9,894 1,645 NET INCOME $ 22,013 $ 13,434 |
Condensed Cash Flow Statement [Table Text Block] | CONDENSED STATEMENT OF CASH FLOWS (In Thousands) 2018 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 22,013 $ 13,434 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of subsidiaries (9,894 ) (1,645 ) Decrease (increase) in other assets 7 (11 ) Increase in other liabilities 30 1 Net Cash Provided by Operating Activities 12,156 11,779 CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from sale of treasury stock 189 128 Tax cost from compensation plans, net 0 (5 ) Dividends paid (11,746 ) (11,145 ) Net Cash Used in Financing Activities (11,557 ) (11,022 ) INCREASE IN CASH AND CASH EQUIVALENTS 599 757 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 6,790 6,033 CASH AND CASH EQUIVALENTS, END OF YEAR $ 7,389 $ 6,790 |
Note 20 - Summary of Quarterl_2
Note 20 - Summary of Quarterly Consolidated Financial Data (Unaudited) (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Notes Tables | |
Quarterly Financial Information [Table Text Block] | SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL DATA (In Thousands Except Per Share Data) (Unaudited) 2018 Quarter Ended March 31, June 30, Sept. 30, Dec. 31, 2018 2018 2018 2018 Interest income $ 11,890 $ 12,334 $ 12,800 $ 13,304 Interest expense 993 1,079 1,241 1,312 Net interest income 10,897 11,255 11,559 11,992 Provision (credit) for loan losses 292 (20 ) 60 252 Net interest income after provision (credit) for loan losses 10,605 11,275 11,499 11,740 Other income 4,406 4,689 4,462 5,040 Gain on restricted equity security 0 1,750 571 0 Net losses on available-for-sale securities 0 (282 ) (2 ) (4 ) Other expenses 9,895 9,684 9,833 10,074 Income before income tax provision 5,116 7,748 6,697 6,702 Income tax provision 741 1,377 1,111 1,021 Net income $ 4,375 $ 6,371 $ 5,586 $ 5,681 Net income attributable to common shares $ 4,352 $ 6,339 $ 5,558 $ 5,654 Net income per share – basic $ 0.36 $ 0.52 $ 0.45 $ 0.46 Net income per share – diluted $ 0.36 $ 0.52 $ 0.45 $ 0.46 2017 Quarter Ended March 31, June 30, Sept. 30, Dec. 31, 2017 2017 2017 2017 Interest income $ 11,112 $ 11,340 $ 11,626 $ 11,785 Interest expense 953 978 985 999 Net interest income 10,159 10,362 10,641 10,786 Provision for loan losses 452 4 322 23 Net interest income after provision for loan losses 9,707 10,358 10,319 10,763 Other income 3,864 4,106 4,066 4,117 Net gains on available-for-sale securities 145 107 5 0 Other expenses 9,298 9,076 9,192 9,401 Income before income tax provision 4,418 5,495 5,198 5,479 Income tax provision 984 1,374 1,262 3,536 Net income $ 3,434 $ 4,121 $ 3,936 $ 1,943 Net income attributable to common shares $ 3,416 $ 4,100 $ 3,916 $ 1,933 Net income per share – basic $ 0.28 $ 0.34 $ 0.32 $ 0.16 Net income per share – diluted $ 0.28 $ 0.34 $ 0.32 $ 0.16 |
Note 1 - Nature of Operations_2
Note 1 - Nature of Operations and Summary of Significant Accounting Policies (Details Textual) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | Dec. 31, 2016USD ($) | |
Number of Reportable Segments | 1 | ||
Financing Receivable, Allowance for Credit Losses, Ending Balance | $ 9,309 | $ 8,856 | $ 8,473 |
Loans Receivable Secured by Real Estate Percentage | 53.00% | ||
Unrecognized Tax Benefits, Interest on Income Taxes Accrued | $ 0 | ||
Unfunded Loan Commitment [Member] | |||
Financing Receivable, Allowance for Credit Losses, Ending Balance | $ 0 | $ 0 |
Note 2 - Recent Accounting Pr_2
Note 2 - Recent Accounting Pronouncements (Details Textual) - USD ($) | Jan. 01, 2019 | Jan. 01, 2018 | Dec. 31, 2017 | |
Accounting Standards Update 2018-02 Member | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | $ 0 | $ 0 | [1] | |
Accounting Standards Update 2018-02 Member | Retained Earnings [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | 325,000 | 325,000 | [1] | |
Accounting Standards Update 2018-02 Member | AOCI Attributable to Parent [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (325,000) | (325,000) | [1] | |
Accounting Standards Update 2017-08 [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | 0 | 0 | [2] | |
Accounting Standards Update 2017-08 [Member] | Retained Earnings [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (26,000) | (26,000) | [2] | |
Accounting Standards Update 2017-08 [Member] | AOCI Attributable to Parent [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | 26,000 | 26,000 | [2] | |
Accounting Standards Update 2016-01 [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | 0 | 0 | [3] | |
Accounting Standards Update 2016-01 [Member] | Retained Earnings [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (22,000) | (22,000) | [3] | |
Accounting Standards Update 2016-01 [Member] | AOCI Attributable to Parent [Member] | ||||
Cumulative Effect of New Accounting Principle in Period of Adoption | $ 22,000 | $ 22,000 | [3] | |
Accounting Standards Update 2016-02 [Member] | Subsequent Event [Member] | ||||
Operating Lease, Right-of-Use Asset | $ 1,200,000 | |||
Operating Lease, Liability, Total | $ 1,200,000 | |||
[1] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of Accounting Standards Update (ASU) 2018-02, Reclassification of Certain tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. | |||
[2] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20), effective January 1, 2018. | |||
[3] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2016-01, Recognition and Measurement of Financial Assets and Liabilities, effective January 1, 2018. |
Note 3 - Comprehensive Income -
Note 3 - Comprehensive Income - Components of Other Comprehensive Income (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Unrealized holding gains (losses) on available-for-sale securities, before tax amount | $ (3,392) | $ (691) |
Reclassification adjustment for losses realized in income, before tax amount | 288 | (257) |
Other comprehensive income (loss) on available-for-sale securities, before tax amount | (3,104) | (948) |
Changes from plan amendments and actuarial gains and losses included in other comprehensive income, before tax amount | 101 | 36 |
Amortization of prior service cost and net actuarial gain included in net periodic benefit cost, before tax amount | (17) | (24) |
Other comprehensive (income) loss on unfunded retirement obligations, before tax amount | 84 | 12 |
Total other comprehensive income, before tax amount | (3,020) | (936) |
Unrealized holding gains (losses) on available-for-sale securities, income tax effect | 712 | 242 |
Reclassification adjustment for losses realized in income, income tax effect | (60) | 89 |
Other comprehensive income on available-for-sale securities, income tax effect | 652 | 331 |
Changes from plan amendments and actuarial gains and losses included in other comprehensive income, income tax effect | (21) | (12) |
Amortization of prior service cost and net actuarial gain included in net periodic benefit cost, income tax effect | 3 | 8 |
Other comprehensive income (loss) on unfunded retirement obligations, income tax effect | (18) | (4) |
Total other comprehensive income (loss), income tax effect | 634 | 327 |
Unrealized holding (income) losses on available-for-sale securities, net of tax amount | (2,680) | (449) |
Reclassification adjustment for losses realized in income, net of tax amount | 228 | (168) |
Other comprehensive income on available-for-sale securities, net of tax amount | (2,452) | (617) |
Changes from plan amendments and actuarial gains and losses included in other comprehensive income, net of tax amount | 80 | 24 |
Amortization of prior service cost and net actuarial gain included in net periodic benefit cost, net of tax amount | (14) | (16) |
Other comprehensive income (loss) on unfunded retirement obligations, net of tax amount | 66 | 8 |
Total other comprehensive income, net of tax amount | $ (2,386) | $ (609) |
Note 3 - Comprehensive Income_2
Note 3 - Comprehensive Income - Changes in the Components of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | ||
Balance | $ 188,443 | $ 186,008 | |
Other comprehensive income (loss), net | (2,386) | (609) | |
Balance | 197,368 | 188,443 | |
Accounting Standards Update 2018-02 Member | |||
Impact of accounting standards change | [1] | 0 | |
Accounting Standards Update 2017-08 [Member] | |||
Impact of accounting standards change | [2] | 0 | |
Accounting Standards Update 2016-01 [Member] | |||
Impact of accounting standards change | [3] | 0 | |
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | |||
Balance | (1,566) | (949) | |
Other comprehensive income (loss), net | (2,452) | (617) | |
Balance | (4,307) | (1,566) | |
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Accounting Standards Update 2018-02 Member | |||
Impact of accounting standards change | (337) | ||
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Accounting Standards Update 2017-08 [Member] | |||
Impact of accounting standards change | 26 | ||
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Accounting Standards Update 2016-01 [Member] | |||
Impact of accounting standards change | 22 | ||
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | |||
Balance | 59 | 51 | |
Other comprehensive income (loss), net | 66 | 8 | |
Balance | 137 | 59 | |
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Accounting Standards Update 2018-02 Member | |||
Impact of accounting standards change | 12 | ||
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Accounting Standards Update 2017-08 [Member] | |||
Impact of accounting standards change | 0 | ||
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Accounting Standards Update 2016-01 [Member] | |||
Impact of accounting standards change | 0 | ||
AOCI Attributable to Parent [Member] | |||
Balance | (1,507) | (898) | |
Other comprehensive income (loss), net | (2,386) | (609) | |
Balance | (4,170) | $ (1,507) | |
AOCI Attributable to Parent [Member] | Accounting Standards Update 2018-02 Member | |||
Impact of accounting standards change | [1] | (325) | |
AOCI Attributable to Parent [Member] | Accounting Standards Update 2017-08 [Member] | |||
Impact of accounting standards change | [2] | 26 | |
AOCI Attributable to Parent [Member] | Accounting Standards Update 2016-01 [Member] | |||
Impact of accounting standards change | [3] | $ 22 | |
[1] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of Accounting Standards Update (ASU) 2018-02, Reclassification of Certain tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. | ||
[2] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20), effective January 1, 2018. | ||
[3] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2016-01, Recognition and Measurement of Financial Assets and Liabilities, effective January 1, 2018. |
Note 3 - Comprehensive Income_3
Note 3 - Comprehensive Income - Amounts Reclassified Out of Each Component of OCI (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Total provision | $ 1,021 | $ 1,111 | $ 1,377 | $ 741 | $ 3,536 | $ 1,262 | $ 1,374 | $ 984 | $ 4,250 | $ 7,156 |
Net income | (5,681) | (5,586) | (6,371) | (4,375) | (1,943) | (3,936) | (4,121) | (3,434) | (22,013) | (13,434) |
Total before tax | $ (6,702) | $ (6,697) | $ (7,748) | $ (5,116) | $ (5,479) | $ (5,198) | $ (5,495) | $ (4,418) | (26,263) | (20,590) |
Reclassification out of Accumulated Other Comprehensive Income [Member] | ||||||||||
Net income | 214 | (184) | ||||||||
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | ||||||||||
Unrealized gains and losses on available-for-sale securities | 288 | (257) | ||||||||
Total provision | (60) | 89 | ||||||||
Net income | 228 | (168) | ||||||||
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | ||||||||||
Total provision | 3 | 8 | ||||||||
Net income | (14) | (16) | ||||||||
Amortization of prior service cost | (30) | (31) | ||||||||
Actuarial loss (gain) | 13 | 7 | ||||||||
Total before tax | $ (17) | $ (24) |
Note 4 - Per Share Data (Detail
Note 4 - Per Share Data (Details Textual) - shares | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Weighted Average Number of Shares, Restricted Stock | 61,778 | 62,329 |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 0 |
Note 4 - Per Share Data - Net I
Note 4 - Per Share Data - Net Income Per Share (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |||
Net income | $ 5,681,000 | $ 5,586,000 | $ 6,371,000 | $ 4,375,000 | $ 1,943,000 | $ 3,936,000 | $ 4,121,000 | $ 3,434,000 | $ 22,013,000 | $ 13,434,000 | ||
Less: Dividends and undistributed earnings allocated to participating securities | (110,000) | (69,000) | ||||||||||
Net income attributable to common shares | $ 5,654,000 | $ 5,558,000 | $ 6,339,000 | $ 4,352,000 | $ 1,933,000 | $ 3,916,000 | $ 4,100,000 | $ 3,416,000 | $ 21,903,000 | $ 13,365,000 | ||
Basic weighted-average common shares outstanding (in shares) | 12,219,209 | 12,115,840 | ||||||||||
Basic earnings per common share (a) (in dollars per share) | $ 0.46 | $ 0.45 | $ 0.52 | $ 0.36 | $ 0.16 | $ 0.32 | $ 0.34 | $ 0.28 | $ 1.79 | [1] | $ 1.10 | [1] |
Net income attributable to common shares | $ 21,903,000 | $ 13,365,000 | ||||||||||
Dilutive effect of potential common stock arising from stock options (in shares) | 38,159 | 39,296 | ||||||||||
Diluted weighted-average common shares outstanding (in shares) | 12,257,368 | 12,155,136 | ||||||||||
Diluted earnings per common share (a) (in dollars per share) | $ 0.46 | $ 0.45 | $ 0.52 | $ 0.36 | $ 0.16 | $ 0.32 | $ 0.34 | $ 0.28 | $ 1.79 | [1] | $ 1.10 | [1] |
[1] | Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). |
Note 5 - Cash and Due From Ba_3
Note 5 - Cash and Due From Banks (Details Textual) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Restricted Cash and Cash Equivalents, Current, Total | $ 18,141,000 | $ 17,178,000 |
Note 5 - Cash and Due From Ba_4
Note 5 - Cash and Due From Banks - Summary of Cash and Due From Banks (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Cash and cash equivalents | $ 32,827 | $ 37,004 |
Certificates of deposit | 4,660 | 3,240 |
Total cash and due from banks | $ 37,487 | $ 40,244 |
Note 6 - Fair Value Measureme_3
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments - Assets Measured at Fair Value (Details) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Available-for-sale securities | $ 363,273,000 | $ 355,937,000 |
Marketable equity security | 950,000 | 971,000 |
Unpaid principal - with allowance | 4,851,000 | 4,100,000 |
Valuation allowance | (1,605,000) | (1,279,000) |
Impaired loans, net | 4,851,000 | 4,100,000 |
US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 12,500,000 | 7,873,000 |
Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 83,952,000 | 105,111,000 |
Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 27,699,000 | 25,573,000 |
Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 53,445,000 | 52,347,000 |
Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 145,912,000 | 131,814,000 |
Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 39,765,000 | 33,219,000 |
Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 363,273,000 | 355,937,000 |
Marketable equity security | 950,000 | 971,000 |
Servicing rights | 1,404,000 | 1,299,000 |
Total asset fair value measurements | 365,627,000 | 358,207,000 |
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 15,500,000 | 7,873,000 |
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 83,952,000 | 105,111,000 |
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 27,699,000 | 25,573,000 |
Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 53,445,000 | 52,347,000 |
Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 145,912,000 | 131,814,000 |
Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 39,765,000 | 33,219,000 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 4,949,000 | 4,191,000 |
Unpaid principal - with allowance | 4,851,000 | 3,776,000 |
Valuation allowance | (1,605,000) | (1,183,000) |
Impaired loans, net | 3,246,000 | 2,593,000 |
Foreclosed assets held for sale | 1,703,000 | 1,598,000 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 0 | 0 |
Marketable equity security | 950,000 | 971,000 |
Servicing rights | 0 | 0 |
Total asset fair value measurements | 950,000 | 971,000 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 0 | 0 |
Unpaid principal - with allowance | 0 | 0 |
Valuation allowance | 0 | 0 |
Impaired loans, net | 0 | 0 |
Foreclosed assets held for sale | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 363,273,000 | 355,937,000 |
Marketable equity security | 0 | 0 |
Servicing rights | 0 | 0 |
Total asset fair value measurements | 363,273,000 | 355,937,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 12,500,000 | 7,873,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 83,952,000 | 105,111,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 27,699,000 | 25,573,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 53,445,000 | 52,347,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 145,912,000 | 131,814,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 39,765,000 | 33,219,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 0 | 0 |
Unpaid principal - with allowance | 0 | 0 |
Valuation allowance | 0 | 0 |
Impaired loans, net | 0 | 0 |
Foreclosed assets held for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 0 | 0 |
Marketable equity security | 0 | 0 |
Servicing rights | 1,404,000 | 1,299,000 |
Total asset fair value measurements | 1,404,000 | 1,299,000 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 4,949,000 | 4,191,000 |
Unpaid principal - with allowance | 4,851,000 | 3,776,000 |
Valuation allowance | (1,605,000) | (1,183,000) |
Impaired loans, net | 3,246,000 | 2,593,000 |
Foreclosed assets held for sale | $ 1,703,000 | $ 1,598,000 |
Note 6 - Fair Value Measureme_4
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments - Valuation Techniques and the Unobservable Inputs Used in Determining Fair Value - Recurring Basis (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Fair Value, Measurements, Recurring [Member] | ||
Fair value | $ 1,404,000 | $ 1,299,000 |
Valuation Technique, Discounted Cash Flow [Member] | Servicing Rights Assets [Member] | ||
Discount rate | 12.50% | 13.00% |
Weighted-average PSA | 114.00% | 140.00% |
Servicing fees of loan balances | 0.25% | 0.25% |
Servicing fees of payments are late | 4.00% | 4.00% |
Late fees assessed | 5.00% | 5.00% |
Miscellaneous fees per account per month | $ 1.94 | $ 1.94 |
Monthly servicing cost per account | 6 | 6 |
Additional monthly servicing cost per loan on loans more than 30 days delinquent | $ 24 | $ 24 |
Servicing costs of loans more than 30 days delinquent | 1.50% | 1.50% |
Annual increase in servicing costs | 3.00% | 3.00% |
Valuation Technique, Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring [Member] | ||
Fair value | $ 1,404,000 | $ 1,299,000 |
Note 6 - Fair Value Measureme_5
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments - Reconciliation of Activity for Level 3 Assets Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Inputs, Level 3 [Member] - Servicing Rights Assets [Member] - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Balance, beginning of period | $ 1,299 | $ 1,262 |
Issuances of servicing rights | 188 | 205 |
Unrealized losses included in earnings | (83) | (168) |
Balance, end of period | $ 1,404 | $ 1,299 |
Note 6 - Fair Value Measureme_6
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments - Valuation Techniques and the Unobservable Inputs Used in Determining Fair Value - Nonrecurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Recorded investment - with allowance | $ 4,851 | $ 4,100 |
Related allowance | 1,605 | 1,279 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Recorded investment - with allowance | 3,246 | 2,593 |
Related allowance | 1,605 | 1,183 |
Fair value | 3,246 | 2,593 |
Fair value | 3,246 | 2,593 |
Foreclosed assets held for sale | 1,703 | 1,598 |
Fair value | 1,703 | 1,598 |
Land Receivable [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 110 | 632 |
Commercial Real Estate Receivables [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 1,529 | 245 |
Residential Portfolio Segment [Member] | ||
Foreclosed assets held for sale | 64 | 721 |
Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 64 | 721 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 393 | 393 |
Fair value | 393 | 393 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Recorded investment - with allowance | 2,515 | 2,641 |
Related allowance | 781 | 919 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 1,734 | 1,722 |
Fair value | 1,734 | 1,722 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Recorded investment - with allowance | 1,340 | 449 |
Related allowance | 659 | 188 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 0 | 34 |
Fair value | 0 | 34 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Recorded investment - with allowance | 487 | 495 |
Related allowance | 49 | 50 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 438 | 444 |
Fair value | 438 | 444 |
Impaired Loans [Member] | ||
Recorded investment - with allowance | 4,851 | 3,776 |
Related allowance | $ 1,605 | $ 1,183 |
Discount rate | ||
Impaired Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 509 | $ 515 |
Related allowance | $ 116 | $ 122 |
Discount rate | 26.00% | 26.00% |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 2,515 | $ 2,641 |
Related allowance | $ 781 | $ 919 |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 16.00% | 16.00% |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 75 | $ 126 |
Related allowance | 75 | $ 92 |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | Measurement Input, Discount to Borrower's Financial Statement Value [Member] | ||
Recorded investment - with allowance | 1,265 | |
Related allowance | 584 | |
Fair value | $ 681 | |
Discount rate | 36.00% | |
Fair value | $ 681 | |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 100.00% | 72.00% |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 487 | $ 494 |
Related allowance | $ 49 | $ 50 |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 56.00% | 53.00% |
Foreclosed Assets Held For Sale [Member] | ||
Foreclosed assets held for sale | $ 1,703 | $ 1,598 |
Valuation allowance | 0 | 0 |
Foreclosed Assets Held For Sale [Member] | Land Receivable [Member] | Valuation, Market Approach [Member] | ||
Foreclosed assets held for sale | 110 | 632 |
Valuation allowance | $ 0 | $ 0 |
Foreclosed Assets Held For Sale [Member] | Land Receivable [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 61.00% | 35.00% |
Foreclosed Assets Held For Sale [Member] | Commercial Real Estate Receivables [Member] | Valuation, Market Approach [Member] | ||
Foreclosed assets held for sale | $ 1,529 | $ 245 |
Valuation allowance | $ 0 | $ 0 |
Foreclosed Assets Held For Sale [Member] | Commercial Real Estate Receivables [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 20.00% | 71.00% |
Foreclosed Assets Held For Sale [Member] | Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | ||
Foreclosed assets held for sale | $ 64 | $ 721 |
Valuation allowance | $ 0 | $ 0 |
Foreclosed Assets Held For Sale [Member] | Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 68.00% | 37.00% |
Note 6 - Fair Value Measureme_7
Note 6 - Fair Value Measurements and Fair Values of Financial Instruments - Estimated Fair Values, and Related Carrying Amounts, of the Financial Instruments (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Cash and cash equivalents | $ 32,827 | $ 37,004 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Certificates of deposit | 4,660 | 3,240 |
Restricted equity securities (included in Other Assets) | 5,712 | 6,556 |
Accrued interest receivable | 3,968 | 4,048 |
Short-term borrowings | 12,853 | 61,766 |
Long-term borrowings | 35,915 | 9,189 |
Accrued interest payable | 142 | 46 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Deposits With No Stated Maturity [Member] | ||
Deposits, fair value | 804,207 | 794,778 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Time Deposits [Member] | ||
Deposits, fair value | 229,565 | 213,671 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Loans, net | 818,254 | 806,857 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Cash and cash equivalents | 32,827 | 37,004 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Certificates of deposit | 4,634 | 3,234 |
Restricted equity securities (included in Other Assets) | 5,712 | 6,556 |
Accrued interest receivable | 3,968 | 4,048 |
Short-term borrowings | 12,617 | 61,643 |
Long-term borrowings | 35,902 | 9,256 |
Accrued interest payable | 142 | 46 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Deposits With No Stated Maturity [Member] | ||
Deposits, fair value | 804,207 | 794,778 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Time Deposits [Member] | ||
Deposits, fair value | 229,751 | 213,734 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Loans, net | $ 825,809 | $ 789,891 |
Note 7 - Securities (Details Te
Note 7 - Securities (Details Textual) | 12 Months Ended | ||
Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($)shares | Mar. 31, 2018USD ($) | |
Equity Securities, FV-NI | $ 950,000 | $ 971,000 | |
Equity Securities, FV-NI, Unrealized Gain (Loss), Total | (21,000) | 0 | |
Equity Securities, FV-NI, Gain (Loss), Total | $ 2,300,000 | $ 0 | |
Mutual Fund [Member] | |||
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total | 1 | 1 | |
Equity Securities Unrealized Loss Cumulative Amount | $ 50,000 | $ 29,000 | |
Equity Securities, FV-NI, Unrealized Gain (Loss), Total | (21,000) | ||
Visa Class B Stock [Member] | |||
Equity Securities, FV-NI, Gain (Loss), Total | 2,321,000 | ||
Number of Restricted Securities Hold | shares | 19,789 | ||
Equity Securities, FV-NI, Restricted | $ 0 | ||
Federal Home Loan Bank of Pittsburgh [Member] | FHLB Stock [Member] | |||
Other than Temporary Impairment Losses, Investments, Total | 0 | $ 0 | |
Other Assets [Member] | Federal Home Loan Bank of Pittsburgh [Member] | |||
Federal Home Loan Bank Stock | 5,582,000 | 6,426,000 | |
Investment Securities [Member] | |||
Debt Securities, Available-for-sale, Restricted | $ 229,418,000 | $ 217,925,000 |
Note 7 - Securities - Available
Note 7 - Securities - Available-for-sale Securities (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Total, amortized cost | $ 368,725 | $ 358,317 |
Available-for-sale securities, gross unrealized holding gains | 1,778 | 2,710 |
Available-for-sale securities, gross unrealized holding losses | (7,230) | (5,090) |
Available-for-sale debt securities, at fair value | 363,273 | 355,937 |
US Government Agencies Debt Securities [Member] | ||
Total, amortized cost | 12,331 | 8,026 |
Available-for-sale securities, gross unrealized holding gains | 169 | 0 |
Available-for-sale securities, gross unrealized holding losses | 0 | (153) |
Available-for-sale debt securities, at fair value | 12,500 | 7,873 |
Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Total, amortized cost | 84,204 | 103,673 |
Available-for-sale securities, gross unrealized holding gains | 949 | 2,291 |
Available-for-sale securities, gross unrealized holding losses | (1,201) | (853) |
Available-for-sale debt securities, at fair value | 83,952 | 105,111 |
Obligations of States and Political Subdivisions Taxable [Member] | ||
Total, amortized cost | 27,618 | 25,431 |
Available-for-sale securities, gross unrealized holding gains | 208 | 226 |
Available-for-sale securities, gross unrealized holding losses | (127) | (84) |
Available-for-sale debt securities, at fair value | 27,699 | 25,573 |
Residential Pass-Through Securities [Member] | ||
Total, amortized cost | 54,827 | 52,992 |
Available-for-sale securities, gross unrealized holding gains | 48 | 79 |
Available-for-sale securities, gross unrealized holding losses | (1,430) | (724) |
Available-for-sale debt securities, at fair value | 53,445 | 52,347 |
Residential Collateralized Mortgage Obligations [Member] | ||
Total, amortized cost | 148,964 | 134,314 |
Available-for-sale securities, gross unrealized holding gains | 238 | 110 |
Available-for-sale securities, gross unrealized holding losses | (3,290) | (2,610) |
Available-for-sale debt securities, at fair value | 145,912 | 131,814 |
Commercial Mortgage Backed Securities [Member] | ||
Total, amortized cost | 40,781 | 33,881 |
Available-for-sale securities, gross unrealized holding gains | 166 | 4 |
Available-for-sale securities, gross unrealized holding losses | (1,182) | (666) |
Available-for-sale debt securities, at fair value | $ 39,765 | $ 33,219 |
Note 7 - Securities - Availab_2
Note 7 - Securities - Available-for-sale Securities With Unrealized Loss Positions (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | $ 13,548 | $ 119,109 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (25) | (1,184) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 220,625 | 140,056 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (7,205) | (3,906) |
Available-for-sale securities with unrealized loss positions, fair value | 234,173 | 259,165 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (7,230) | (5,090) |
US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 0 | |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | 0 | |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 7,873 | |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (153) | |
Available-for-sale securities with unrealized loss positions, fair value | 7,873 | |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (153) | |
Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 5,084 | 19,050 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (11) | (135) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 32,684 | 24,391 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (1,190) | (718) |
Available-for-sale securities with unrealized loss positions, fair value | 37,768 | 43,441 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (1,201) | (853) |
Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 980 | 9,279 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (2) | (45) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 11,418 | 2,116 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (125) | (39) |
Available-for-sale securities with unrealized loss positions, fair value | 12,398 | 11,395 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (127) | (84) |
Residential Pass-Through Securities [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 5,592 | 25,255 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (4) | (242) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 42,309 | 22,549 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (1,426) | (482) |
Available-for-sale securities with unrealized loss positions, fair value | 47,901 | 47,804 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (1,430) | (724) |
Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 1,892 | 50,812 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (8) | (589) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 101,662 | 68,558 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (3,282) | (2,021) |
Available-for-sale securities with unrealized loss positions, fair value | 103,554 | 119,370 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (3,290) | (2,610) |
Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 0 | 14,713 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | 0 | (173) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 32,552 | 14,569 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (1,182) | (493) |
Available-for-sale securities with unrealized loss positions, fair value | 32,552 | 29,282 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | $ (1,182) | $ (666) |
Note 7 - Securities - Gross Rea
Note 7 - Securities - Gross Realized Gains and Losses From Available-for-sale Securities (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Gross realized gains from sales | $ 259 | $ 315 | ||||||||
Gross realized losses from sales | (547) | (58) | ||||||||
Net realized (losses) gains | $ (4) | $ (2) | $ (282) | $ 0 | $ 0 | $ 5 | $ 107 | $ 145 | (288) | 257 |
Income tax (credit) provision related to net realized (losses) gains | $ (60) | $ 89 |
Note 7 - Securities - Availab_3
Note 7 - Securities - Available-for-sale Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Due in one year or less, amortized cost | $ 21,962 | |
Due in one year or less, fair value | 22,138 | |
Due from one year through five years. amortized cost | 34,488 | |
Due from one year through five years, fair value | 34,629 | |
Due from five years through ten years, amortized cost | 39,532 | |
Due from five years through ten years, fair value | 39,004 | |
Due after ten years, amortized cost | 28,171 | |
Due after ten years, fair value | 28,380 | |
Sub-total, amortized cost | 124,153 | |
Sub-total, fair value | 124,151 | |
Total, amortized cost | 368,725 | $ 358,317 |
Available-for-sale debt securities, at fair value | 363,273 | 355,937 |
Residential Pass-Through Securities [Member] | ||
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost | 54,827 | |
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value | 53,445 | |
Total, amortized cost | 54,827 | 52,992 |
Available-for-sale debt securities, at fair value | 53,445 | 52,347 |
Residential Collateralized Mortgage Obligations [Member] | ||
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost | 148,964 | |
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value | 145,912 | |
Total, amortized cost | 148,964 | 134,314 |
Available-for-sale debt securities, at fair value | 145,912 | $ 131,814 |
Commercial Mortgage-backed Securities [Member] | ||
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost | 40,781 | |
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value | $ 39,765 |
Note 7 - Securities - Summary o
Note 7 - Securities - Summary of Gains (Losses) on Equity Securities (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Net gains recognized during the period on equity securities | $ 2,300 | $ 0 |
Less: net gains recognized during the period on equity securities sold during the period | (2,321) | 0 |
Unrealized losses recognized during the period on equity securities still held at the reporting date | $ (21) | $ 0 |
Note 8 - Loans (Details Textual
Note 8 - Loans (Details Textual) xbrli-pure in Thousands | 12 Months Ended | |
Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | |
Loans and Leases Receivable, Impaired, Commitment to Lend | $ 0 | $ 0 |
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down | $ 0 | $ 0 |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 |
Maximum [Member] | Commercial Portfolio Segment [Member] | ||
Financing Receivable Individually Evaluated for Impairment Threshold With Estimated Loss | $ 200,000 | |
Maximum [Member] | Residential Portfolio Segment [Member] | ||
Financing Receivable Individually Evaluated for Impairment Threshold With Estimated Loss | 400,000 | |
Maximum [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable Individually Evaluated for Impairment Threshold With Estimated Loss | 400,000 | |
Minimum [Member] | ||
Financing Receivable Individually Evaluated for Impairment Estimated Loss Trigger | $ 100,000 | |
Loans Receivable 1 [Member] | Credit Availability Concentration Risk [Member] | ||
Concentration Risk, Percentage | 0.00% |
Note 8 - Loans - Loans Receivab
Note 8 - Loans - Loans Receivable (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Loans receivable | $ 827,563 | $ 815,713 | |
Allowance for loan losses | (9,309) | (8,856) | $ (8,473) |
Loans, net | 818,254 | 806,857 | |
Residential Portfolio Segment [Member] | |||
Loans receivable | 456,806 | 447,286 | |
Allowance for loan losses | (3,986) | (3,963) | (3,890) |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | |||
Loans receivable | 372,339 | 359,987 | |
Allowance for loan losses | (3,156) | (3,200) | (3,033) |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | |||
Loans receivable | 25,450 | 25,325 | |
Allowance for loan losses | (325) | (224) | (258) |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | |||
Loans receivable | 34,319 | 35,758 | |
Allowance for loan losses | (302) | (296) | (350) |
Residential Portfolio Segment [Member] | Construction Loans [Member] | |||
Loans receivable | 24,698 | 26,216 | |
Allowance for loan losses | (203) | (243) | (249) |
Commercial Portfolio Segment [Member] | |||
Loans receivable | 353,627 | 353,488 | |
Allowance for loan losses | (4,591) | (4,235) | (4,047) |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | |||
Loans receivable | 162,611 | 159,266 | |
Allowance for loan losses | (2,538) | (2,584) | (2,380) |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | |||
Loans receivable | 11,962 | 14,527 | |
Allowance for loan losses | (110) | (150) | (162) |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | |||
Loans receivable | 91,856 | 88,276 | |
Allowance for loan losses | (1,553) | (1,065) | (999) |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | |||
Loans receivable | 53,263 | 59,287 | |
Allowance for loan losses | 0 | 0 | |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | |||
Loans receivable | 7,146 | 7,255 | |
Allowance for loan losses | (102) | (105) | (110) |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | |||
Loans receivable | 7,180 | 7,713 | |
Allowance for loan losses | (114) | (172) | (241) |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | |||
Loans receivable | 5,659 | 6,178 | |
Allowance for loan losses | (46) | (57) | (40) |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | |||
Loans receivable | 13,950 | 10,986 | |
Allowance for loan losses | (128) | (102) | (115) |
Consumer Portfolio Segment [Member] | |||
Loans receivable | 17,130 | 14,939 | |
Allowance for loan losses | $ (233) | $ (159) | $ (138) |
Note 8 - Loans - Allowance for
Note 8 - Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Allowance for loan losses | $ 8,856 | $ 8,473 | $ 8,856 | $ 8,473 | ||||||
Allowance for loan losses, charge-offs | (497) | (479) | ||||||||
Allowance for loan losses, recoveries | 366 | 61 | ||||||||
Allowance for loan losses, provision | $ 252 | $ 60 | $ (20) | 292 | $ 23 | $ 322 | $ 4 | 452 | 584 | 801 |
Allowance for loan losses | 9,309 | 8,856 | 9,309 | 8,856 | ||||||
Residential Portfolio Segment [Member] | ||||||||||
Allowance for loan losses | 3,963 | 3,890 | 3,963 | 3,890 | ||||||
Allowance for loan losses, charge-offs | (158) | (197) | ||||||||
Allowance for loan losses, recoveries | 8 | 19 | ||||||||
Allowance for loan losses, provision | 173 | 251 | ||||||||
Allowance for loan losses | 3,986 | 3,963 | 3,986 | 3,963 | ||||||
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||||||||||
Allowance for loan losses | 3,200 | 3,033 | 3,200 | 3,033 | ||||||
Allowance for loan losses, charge-offs | (108) | (167) | ||||||||
Allowance for loan losses, recoveries | 4 | 15 | ||||||||
Allowance for loan losses, provision | 60 | 319 | ||||||||
Allowance for loan losses | 3,156 | 3,200 | 3,156 | 3,200 | ||||||
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||||||||||
Allowance for loan losses | 224 | 258 | 224 | 258 | ||||||
Allowance for loan losses, charge-offs | 0 | (16) | ||||||||
Allowance for loan losses, recoveries | 4 | 4 | ||||||||
Allowance for loan losses, provision | 97 | (22) | ||||||||
Allowance for loan losses | 325 | 224 | 325 | 224 | ||||||
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||||||||||
Allowance for loan losses | 296 | 350 | 296 | 350 | ||||||
Allowance for loan losses, charge-offs | (50) | (14) | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | 56 | (40) | ||||||||
Allowance for loan losses | 302 | 296 | 302 | 296 | ||||||
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||||||||||
Allowance for loan losses | 243 | 249 | 243 | 249 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | (40) | (6) | ||||||||
Allowance for loan losses | 203 | 243 | 203 | 243 | ||||||
Commercial Portfolio Segment [Member] | ||||||||||
Allowance for loan losses | 4,235 | 4,047 | 4,235 | 4,047 | ||||||
Allowance for loan losses, charge-offs | (165) | (132) | ||||||||
Allowance for loan losses, recoveries | 317 | 4 | ||||||||
Allowance for loan losses, provision | 204 | 316 | ||||||||
Allowance for loan losses | 4,591 | 4,235 | 4,591 | 4,235 | ||||||
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||||||||||
Allowance for loan losses | 2,584 | 2,380 | 2,584 | 2,380 | ||||||
Allowance for loan losses, charge-offs | (21) | (96) | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | (25) | 300 | ||||||||
Allowance for loan losses | 2,538 | 2,584 | 2,538 | 2,584 | ||||||
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||||||||||
Allowance for loan losses | 150 | 162 | 150 | 162 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | (40) | (12) | ||||||||
Allowance for loan losses | 110 | 150 | 110 | 150 | ||||||
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||||||||||
Allowance for loan losses | 1,065 | 999 | 1,065 | 999 | ||||||
Allowance for loan losses, charge-offs | (144) | (36) | ||||||||
Allowance for loan losses, recoveries | 6 | 4 | ||||||||
Allowance for loan losses, provision | 626 | 98 | ||||||||
Allowance for loan losses | 1,553 | 1,065 | 1,553 | 1,065 | ||||||
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||||||||||
Allowance for loan losses | 105 | 110 | 105 | 110 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | (3) | (5) | ||||||||
Allowance for loan losses | 102 | 105 | 102 | 105 | ||||||
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||||||||||
Allowance for loan losses | 172 | 241 | 172 | 241 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 311 | 0 | ||||||||
Allowance for loan losses, provision | (369) | (69) | ||||||||
Allowance for loan losses | 114 | 172 | 114 | 172 | ||||||
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||||||||||
Allowance for loan losses | 57 | 40 | 57 | 40 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | (11) | 17 | ||||||||
Allowance for loan losses | 46 | 57 | 46 | 57 | ||||||
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||||||||||
Allowance for loan losses | 102 | 115 | 102 | 115 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | 26 | (13) | ||||||||
Allowance for loan losses | 128 | 102 | 128 | 102 | ||||||
Consumer Portfolio Segment [Member] | ||||||||||
Allowance for loan losses | 159 | 138 | 159 | 138 | ||||||
Allowance for loan losses, charge-offs | (174) | (150) | ||||||||
Allowance for loan losses, recoveries | 41 | 38 | ||||||||
Allowance for loan losses, provision | 207 | 133 | ||||||||
Allowance for loan losses | 233 | 159 | 233 | 159 | ||||||
Unallocated Financing Receivables [Member] | ||||||||||
Allowance for loan losses | $ 499 | $ 398 | 499 | 398 | ||||||
Allowance for loan losses, charge-offs | 0 | 0 | ||||||||
Allowance for loan losses, recoveries | 0 | 0 | ||||||||
Allowance for loan losses, provision | 0 | 101 | ||||||||
Allowance for loan losses | $ 499 | $ 499 | $ 499 | $ 499 |
Note 8 - Loans - Outstanding Lo
Note 8 - Loans - Outstanding Loans by Risk Rating (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Loans receivable | $ 827,563 | $ 815,713 |
Residential Portfolio Segment [Member] | ||
Loans receivable | 456,806 | 447,286 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 372,339 | 359,987 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 25,450 | 25,325 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 34,319 | 35,758 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 24,698 | 26,216 |
Commercial Portfolio Segment [Member] | ||
Loans receivable | 353,627 | 353,488 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 162,611 | 159,266 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 11,962 | 14,527 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 91,856 | 88,276 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 53,263 | 59,287 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 7,146 | 7,255 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 7,180 | 7,713 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 5,659 | 6,178 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 13,950 | 10,986 |
Consumer Portfolio Segment [Member] | ||
Loans receivable | 17,130 | 14,939 |
Pass [Member] | ||
Loans receivable | 800,551 | 787,501 |
Pass [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 446,605 | 436,853 |
Pass [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 363,407 | 350,609 |
Pass [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 24,841 | 24,795 |
Pass [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 33,659 | 35,233 |
Pass [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 24,698 | 26,216 |
Pass [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 336,830 | 335,795 |
Pass [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 156,308 | 150,806 |
Pass [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 11,887 | 14,449 |
Pass [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 84,232 | 82,724 |
Pass [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 53,263 | 59,287 |
Pass [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 5,171 | 5,283 |
Pass [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 7,180 | 7,130 |
Pass [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 4,910 | 5,203 |
Pass [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 13,879 | 10,913 |
Pass [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | 17,116 | 14,853 |
Special Mention [Member] | ||
Loans receivable | 7,394 | 6,155 |
Special Mention [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 1,172 | 472 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 937 | 307 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 176 | 104 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 59 | 61 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 6,222 | 5,683 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 740 | 936 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 5,230 | 3,896 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 168 | 581 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 84 | 270 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | 0 | 0 |
Substandard [Member] | ||
Loans receivable | 19,556 | 21,982 |
Substandard [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 8,978 | 9,909 |
Substandard [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 7,944 | 9,019 |
Substandard [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 433 | 426 |
Substandard [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 601 | 464 |
Substandard [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Substandard [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 10,564 | 11,987 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 5,563 | 7,524 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 75 | 78 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 2,394 | 1,645 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 0 | 0 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 1,796 | 1,379 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 0 | 583 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 665 | 705 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 71 | 73 |
Substandard [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | 14 | 86 |
Doubtful [Member] | ||
Loans receivable | 62 | 75 |
Doubtful [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 51 | 52 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 51 | 52 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 11 | 23 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 0 | 11 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 11 | 12 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | $ 0 | $ 0 |
Note 8 - Loans - Loan Balances
Note 8 - Loans - Loan Balances and Allowance for Loan Losses for Each Impairment Method (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Loans receivable: individually evaluated | $ 9,774 | $ 9,511 | |
Loans receivable: collectively evaluated | 817,789 | 806,202 | |
Loans receivable | 827,563 | 815,713 | |
Allowance for loan losses: individually evaluated | 1,605 | 1,279 | |
Allowance for loan losses: collectively evaluated | 7,205 | 7,078 | |
Allowance for loan losses | 9,309 | 8,856 | $ 8,473 |
Residential Portfolio Segment [Member] | |||
Loans receivable: individually evaluated | 1,284 | 1,286 | |
Loans receivable: collectively evaluated | 455,522 | 446,000 | |
Loans receivable | 456,806 | 447,286 | |
Allowance for loan losses: individually evaluated | 116 | 122 | |
Allowance for loan losses: collectively evaluated | 3,870 | 3,841 | |
Allowance for loan losses | 3,986 | 3,963 | 3,890 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | |||
Loans receivable: individually evaluated | 991 | 984 | |
Loans receivable: collectively evaluated | 371,348 | 359,003 | |
Loans receivable | 372,339 | 359,987 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 3,156 | 3,200 | |
Allowance for loan losses | 3,156 | 3,200 | 3,033 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | |||
Loans receivable: individually evaluated | 293 | 302 | |
Loans receivable: collectively evaluated | 25,157 | 25,023 | |
Loans receivable | 25,450 | 25,325 | |
Allowance for loan losses: individually evaluated | 116 | 122 | |
Allowance for loan losses: collectively evaluated | 209 | 102 | |
Allowance for loan losses | 325 | 224 | 258 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | |||
Loans receivable: individually evaluated | 0 | 0 | |
Loans receivable: collectively evaluated | 34,319 | 35,758 | |
Loans receivable | 34,319 | 35,758 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 302 | 296 | |
Allowance for loan losses | 302 | 296 | 350 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | |||
Loans receivable: individually evaluated | 0 | 0 | |
Loans receivable: collectively evaluated | 24,698 | 26,216 | |
Loans receivable | 24,698 | 26,216 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 203 | 243 | |
Allowance for loan losses | 203 | 243 | 249 |
Commercial Portfolio Segment [Member] | |||
Loans receivable: individually evaluated | 8,473 | 8,205 | |
Loans receivable: collectively evaluated | 345,154 | 345,283 | |
Loans receivable | 353,627 | 353,488 | |
Allowance for loan losses: individually evaluated | 1,489 | 1,157 | |
Allowance for loan losses: collectively evaluated | 3,102 | 3,078 | |
Allowance for loan losses | 4,591 | 4,235 | 4,047 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | |||
Loans receivable: individually evaluated | 4,302 | 5,873 | |
Loans receivable: collectively evaluated | 158,309 | 153,393 | |
Loans receivable | 162,611 | 159,266 | |
Allowance for loan losses: individually evaluated | 781 | 919 | |
Allowance for loan losses: collectively evaluated | 1,757 | 1,665 | |
Allowance for loan losses | 2,538 | 2,584 | 2,380 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | |||
Loans receivable: individually evaluated | 0 | 0 | |
Loans receivable: collectively evaluated | 11,962 | 14,527 | |
Loans receivable | 11,962 | 14,527 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 110 | 150 | |
Allowance for loan losses | 110 | 150 | 162 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | |||
Loans receivable: individually evaluated | 2,157 | 568 | |
Loans receivable: collectively evaluated | 89,699 | 87,708 | |
Loans receivable | 91,856 | 88,276 | |
Allowance for loan losses: individually evaluated | 659 | 188 | |
Allowance for loan losses: collectively evaluated | 894 | 877 | |
Allowance for loan losses | 1,553 | 1,065 | 999 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | |||
Loans receivable: individually evaluated | 0 | 0 | |
Loans receivable: collectively evaluated | 53,263 | 59,287 | |
Loans receivable | 53,263 | 59,287 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 0 | 0 | |
Allowance for loan losses | 0 | 0 | |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | |||
Loans receivable: individually evaluated | 1,349 | 1,365 | |
Loans receivable: collectively evaluated | 5,797 | 5,890 | |
Loans receivable | 7,146 | 7,255 | |
Allowance for loan losses: individually evaluated | 49 | 50 | |
Allowance for loan losses: collectively evaluated | 53 | 55 | |
Allowance for loan losses | 102 | 105 | 110 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | |||
Loans receivable: individually evaluated | 0 | 392 | |
Loans receivable: collectively evaluated | 7,180 | 7,321 | |
Loans receivable | 7,180 | 7,713 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 114 | 172 | |
Allowance for loan losses | 114 | 172 | 241 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | |||
Loans receivable: individually evaluated | 665 | 7 | |
Loans receivable: collectively evaluated | 4,994 | 6,171 | |
Loans receivable | 5,659 | 6,178 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 46 | 57 | |
Allowance for loan losses | 46 | 57 | 40 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | |||
Loans receivable: individually evaluated | 0 | 0 | |
Loans receivable: collectively evaluated | 13,950 | 10,986 | |
Loans receivable | 13,950 | 10,986 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 128 | 102 | |
Allowance for loan losses | 128 | 102 | 115 |
Consumer Portfolio Segment [Member] | |||
Loans receivable: individually evaluated | 17 | 20 | |
Loans receivable: collectively evaluated | 17,113 | 14,919 | |
Loans receivable | 17,130 | 14,939 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 233 | 159 | |
Allowance for loan losses | 233 | 159 | 138 |
Unallocated Financing Receivables [Member] | |||
Loans receivable: individually evaluated | 0 | 0 | |
Loans receivable: collectively evaluated | 0 | 0 | |
Loans receivable | 0 | 0 | |
Allowance for loan losses: individually evaluated | 0 | 0 | |
Allowance for loan losses: collectively evaluated | 0 | 0 | |
Allowance for loan losses | $ 499 | $ 499 | $ 398 |
Note 8 - Loans - Impaired Loans
Note 8 - Loans - Impaired Loans (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Unpaid principal - with no allowance | $ 4,952 | $ 6,035 |
Recorded investment - with no allowance | 4,923 | 5,411 |
Unpaid principal - with allowance | 4,851 | 4,100 |
Recorded investment - with allowance | 4,851 | 4,100 |
Related allowance | 1,605 | 1,279 |
Unpaid principal | 9,803 | 10,135 |
Recorded investment | 9,774 | 9,511 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Unpaid principal - with no allowance | 750 | 740 |
Recorded investment - with no allowance | 721 | 711 |
Unpaid principal - with allowance | 270 | 273 |
Recorded investment - with allowance | 270 | 273 |
Related allowance | 0 | 0 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Unpaid principal - with no allowance | 54 | 60 |
Recorded investment - with no allowance | 54 | 60 |
Unpaid principal - with allowance | 239 | 242 |
Recorded investment - with allowance | 239 | 242 |
Related allowance | 116 | 122 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Unpaid principal - with no allowance | 1,787 | 3,230 |
Recorded investment - with no allowance | 1,787 | 3,230 |
Unpaid principal - with allowance | 2,515 | 2,641 |
Recorded investment - with allowance | 2,515 | 2,641 |
Related allowance | 781 | 919 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Unpaid principal - with no allowance | 817 | 119 |
Recorded investment - with no allowance | 817 | 119 |
Unpaid principal - with allowance | 1,340 | 449 |
Recorded investment - with allowance | 1,340 | 449 |
Related allowance | 659 | 188 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Unpaid principal - with no allowance | 862 | 871 |
Recorded investment - with no allowance | 862 | 871 |
Unpaid principal - with allowance | 487 | 495 |
Recorded investment - with allowance | 487 | 495 |
Related allowance | 49 | 50 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Unpaid principal - with no allowance | 0 | 987 |
Recorded investment - with no allowance | 0 | 392 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Unpaid principal - with no allowance | 665 | 8 |
Recorded investment - with no allowance | 665 | 8 |
Consumer Portfolio Segment [Member] | ||
Unpaid principal - with no allowance | 17 | 20 |
Recorded investment - with no allowance | $ 17 | $ 20 |
Note 8 - Loans - Average Balanc
Note 8 - Loans - Average Balance of Impaired Loans and Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Average investment in impaired loans | $ 9,113 | $ 9,349 |
Interest income recognized on impaired loans on a cash basis | 333 | 311 |
Residential Portfolio Segment [Member] | ||
Average investment in impaired loans | 1,277 | 969 |
Interest income recognized on impaired loans on a cash basis | 63 | 67 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Average investment in impaired loans | 980 | 857 |
Interest income recognized on impaired loans on a cash basis | 52 | 52 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Average investment in impaired loans | 297 | 112 |
Interest income recognized on impaired loans on a cash basis | 11 | 15 |
Commercial Portfolio Segment [Member] | ||
Average investment in impaired loans | 7,818 | 8,354 |
Interest income recognized on impaired loans on a cash basis | 269 | 243 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Average investment in impaired loans | 4,897 | 6,272 |
Interest income recognized on impaired loans on a cash basis | 141 | 173 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Average investment in impaired loans | 708 | 301 |
Interest income recognized on impaired loans on a cash basis | 47 | 24 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Average investment in impaired loans | 1,357 | 1,379 |
Interest income recognized on impaired loans on a cash basis | 35 | 45 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Average investment in impaired loans | 314 | 392 |
Interest income recognized on impaired loans on a cash basis | 0 | 0 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Average investment in impaired loans | 542 | 10 |
Interest income recognized on impaired loans on a cash basis | 46 | 1 |
Consumer Portfolio Segment [Member] | ||
Average investment in impaired loans | 18 | 26 |
Interest income recognized on impaired loans on a cash basis | $ 1 | $ 1 |
Note 8 - Loans - Nonaccrual Loa
Note 8 - Loans - Nonaccrual Loans and Loans Past Due Ninety Days or More and Still Accruing (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Loans past due 90+ days and accruing | $ 2,906 | $ 3,724 |
Nonaccrual loans | 13,113 | 13,404 |
Residential Portfolio Segment [Member] | ||
Loans past due 90+ days and accruing | 2,003 | 2,648 |
Nonaccrual loans | 5,016 | 5,417 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans past due 90+ days and accruing | 1,633 | 2,340 |
Nonaccrual loans | 4,750 | 5,131 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans past due 90+ days and accruing | 151 | 105 |
Nonaccrual loans | 239 | 242 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans past due 90+ days and accruing | 219 | 203 |
Nonaccrual loans | 27 | 44 |
Commercial Portfolio Segment [Member] | ||
Loans past due 90+ days and accruing | 871 | 1,075 |
Nonaccrual loans | 8,083 | 7,921 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans past due 90+ days and accruing | 394 | 175 |
Nonaccrual loans | 3,958 | 5,645 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans past due 90+ days and accruing | 18 | 603 |
Nonaccrual loans | 2,111 | 517 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans past due 90+ days and accruing | 0 | 26 |
Nonaccrual loans | 52 | 52 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans past due 90+ days and accruing | 459 | 271 |
Nonaccrual loans | 1,297 | 1,308 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans past due 90+ days and accruing | 0 | 0 |
Nonaccrual loans | 0 | 392 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans past due 90+ days and accruing | 0 | 0 |
Nonaccrual loans | 665 | 7 |
Consumer Portfolio Segment [Member] | ||
Loans past due 90+ days and accruing | 32 | 1 |
Nonaccrual loans | $ 14 | $ 66 |
Note 8 - Loans - Contractual Ag
Note 8 - Loans - Contractual Aging of Loans (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Loans current and past due less than 30 days | $ 810,195 | $ 794,938 |
Loans receivable | 827,563 | 815,713 |
Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 8,308 | 10,190 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 9,060 | 10,585 |
Residential Portfolio Segment [Member] | ||
Loans current and past due less than 30 days | 444,380 | 432,621 |
Loans receivable | 456,806 | 447,286 |
Residential Portfolio Segment [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 7,245 | 9,335 |
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 5,181 | 5,330 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans current and past due less than 30 days | 361,362 | 347,032 |
Loans receivable | 372,339 | 359,987 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 6,414 | 7,967 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 4,563 | 4,988 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans current and past due less than 30 days | 24,876 | 25,133 |
Loans receivable | 25,450 | 25,325 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 184 | 87 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 390 | 105 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans current and past due less than 30 days | 33,611 | 34,789 |
Loans receivable | 34,319 | 35,758 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 480 | 732 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 228 | 237 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans current and past due less than 30 days | 24,531 | 25,667 |
Loans receivable | 24,698 | 26,216 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 167 | 549 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | ||
Loans current and past due less than 30 days | 348,824 | 347,557 |
Loans receivable | 353,627 | 353,488 |
Commercial Portfolio Segment [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 970 | 732 |
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 3,833 | 5,199 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans current and past due less than 30 days | 160,668 | 155,917 |
Loans receivable | 162,611 | 159,266 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 226 | 311 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 1,717 | 3,038 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans current and past due less than 30 days | 11,910 | 14,400 |
Loans receivable | 11,962 | 14,527 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 49 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 52 | 78 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans current and past due less than 30 days | 90,915 | 87,306 |
Loans receivable | 91,856 | 88,276 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 152 | 303 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 789 | 667 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans current and past due less than 30 days | 53,263 | 59,287 |
Loans receivable | 53,263 | 59,287 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans current and past due less than 30 days | 5,390 | 6,226 |
Loans receivable | 7,146 | 7,255 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 487 | 12 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 1,269 | 1,017 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans current and past due less than 30 days | 7,104 | 7,321 |
Loans receivable | 7,180 | 7,713 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 76 | 0 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 392 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans current and past due less than 30 days | 5,624 | 6,114 |
Loans receivable | 5,659 | 6,178 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 29 | 57 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 6 | 7 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans current and past due less than 30 days | 13,950 | 10,986 |
Loans receivable | 13,950 | 10,986 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Consumer Portfolio Segment [Member] | ||
Loans current and past due less than 30 days | 16,991 | 14,760 |
Loans receivable | 17,130 | 14,939 |
Consumer Portfolio Segment [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 93 | 123 |
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | $ 46 | $ 56 |
Note 8 - Loans - Contractual _2
Note 8 - Loans - Contractual Aging of Nonaccrual Loans (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Nonaccrual loans | $ 13,113 | $ 13,404 |
Non accrual Loans [Member] | ||
Loans current and past due, nonaccrual | 5,793 | 5,802 |
Nonaccrual loans | 13,113 | 13,404 |
Non accrual Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Nonaccrual loans | 1,166 | 741 |
Non accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Nonaccrual loans | $ 6,154 | $ 6,861 |
Note 8 - Loans - Aging of Troub
Note 8 - Loans - Aging of Troubled Debt Restructurings (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Loans current and past due less than 30 days | $ 810,195 | $ 794,938 |
Nonaccrual loans | 13,113 | 13,404 |
Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 8,308 | 10,190 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 9,060 | 10,585 |
Troubled Debt Restructuring [Member] | ||
Loans current and past due less than 30 days | 612 | 636 |
Nonaccrual loans | 2,884 | 3,027 |
Troubled debt restructurings | 3,539 | 3,663 |
Troubled Debt Restructuring [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 43 | 0 |
Troubled Debt Restructuring [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | $ 0 | $ 0 |
Note 8 - Loans - Troubled Debt
Note 8 - Loans - Troubled Debt Restructurings (Details) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | |
Troubled debt restructurings, number of contracts | 4 | 0 |
Troubled debt restructurings, post-modification recorded investment | $ 162 | $ 0 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Monthly Payment Reduction for 6 Months [Member] | ||
Troubled debt restructurings, number of contracts | 1 | 0 |
Troubled debt restructurings, post-modification recorded investment | $ 80 | $ 0 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Extended Interest Payments for 6 Months [Member] | ||
Troubled debt restructurings, number of contracts | 2 | 0 |
Troubled debt restructurings, post-modification recorded investment | $ 36 | $ 0 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Extended Interest Payments for 6 Months [Member] | ||
Troubled debt restructurings, number of contracts | 1 | 0 |
Troubled debt restructurings, post-modification recorded investment | $ 46 | $ 0 |
Note 8 - Loans - Foreclosed Res
Note 8 - Loans - Foreclosed Residential Real Estate (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Residential Portfolio Segment [Member] | ||
Foreclosed residential real estate | $ 64 | $ 721 |
Note 8 - Loans - Mortgage Loans
Note 8 - Loans - Mortgage Loans in Process of Foreclosure (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Residential Portfolio Segment [Member] | ||
Residential real estate in process of foreclosure | $ 1,097 | $ 1,789 |
Note 9 - Bank Premises and Eq_3
Note 9 - Bank Premises and Equipment - Summary of Bank Premises and Equipment (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Property, plant and equipment | $ 46,725 | $ 46,949 |
Less: accumulated depreciation | (32,133) | (31,517) |
Net | 14,592 | 15,432 |
Land [Member] | ||
Property, plant and equipment | 2,803 | 2,818 |
Building and Building Improvements [Member] | ||
Property, plant and equipment | 27,343 | 28,285 |
Furniture and Fixtures [Member] | ||
Property, plant and equipment | 16,577 | 15,578 |
Construction in Progress [Member] | ||
Property, plant and equipment | $ 2 | $ 268 |
Note 9 - Bank Premises and Eq_4
Note 9 - Bank Premises and Equipment - Depreciation Expense (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Depreciation expense | $ 1,754 | $ 1,639 |
Occupancy Expense [Member] | ||
Depreciation expense | 849 | 801 |
Furniture and Fixtures Expense [Member] | ||
Depreciation expense | 684 | 758 |
Data Processing [Member] | ||
Depreciation expense | 183 | 80 |
Telecommunications Expense [Member] | ||
Depreciation expense | $ 38 | $ 0 |
Note 10 - Intangible Assets (De
Note 10 - Intangible Assets (Details Textual) - USD ($) | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Goodwill, Period Increase (Decrease), Total | $ 0 | $ 0 |
Goodwill, Ending Balance | 11,942,000 | 11,942,000 |
Goodwill, Acquired During Period | 0 | 0 |
Goodwill, Impairment Loss | 0 | |
Amortization of Intangible Assets, Total | $ 3,000 | $ 5,000 |
Note 10 - Intangible Assets - C
Note 10 - Intangible Assets - Core Deposit Intangibles (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Gross amount | $ 2,034 | $ 2,034 |
Less: accumulated amortization | (2,025) | (2,022) |
Net | $ 9 | $ 12 |
Note 11 - Deposits (Details Tex
Note 11 - Deposits (Details Textual) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Time Deposits, at or Above FDIC Insurance Limit | $ 36,094,000 | $ 12,653,000 |
Note 11 - Deposits - Scheduled
Note 11 - Deposits - Scheduled Maturities of Time Deposits (Details) $ in Thousands | Dec. 31, 2018USD ($) |
2,019 | $ 131,208 |
2,020 | 56,279 |
2,021 | 18,518 |
2,022 | 11,463 |
2,023 | 10,814 |
Thereafter | 1,283 |
Total | $ 229,565 |
Note 11 - Deposits - Remaining
Note 11 - Deposits - Remaining Maturities of Time Deposits In Excess of $250,000 (Details) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Three months or less | $ 18,327,000 | |
Over 3 months through 12 months | 14,349,000 | |
Over 1 year through 3 years | 1,341,000 | |
Over 3 years | 2,077,000 | |
Total | $ 36,094,000 | $ 12,653,000 |
Note 12 - Borrowed Funds (Detai
Note 12 - Borrowed Funds (Details Textual) | 12 Months Ended | |
Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | |
Short-term Debt, Weighted Average Interest Rate, at Point in Time | 1.47% | 1.52% |
Line of Credit Facility, Maximum Month-end Outstanding Amount | $ 74,646,000 | $ 61,766,000 |
Repurchase Agreements [Member] | ||
Short-term Debt, Average Outstanding Amount | 0 | 26,112,000 |
Maximum [Member] | ||
Securities Sold under Agreements to Repurchase, Asset | $ 0 | $ 27,000,000 |
Securities Sold under Agreements to Repurchase [Member] | ||
Debt, Weighted Average Interest Rate | 0.10% | 0.10% |
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned, Total | $ 5,890,000 | $ 5,310,000 |
Federal Reserve Bank of Philadelphia [Member] | ||
Line of Credit Facility, Maximum Borrowing Capacity | 15,262,000 | 15,877,000 |
Long-term Line of Credit, Total | 0 | 0 |
Federal Reserve Bank of Philadelphia [Member] | Collateral Pledged [Member] | ||
Debt Securities, Available-for-sale, Restricted | 15,710,000 | 16,301,000 |
Federal Home Loan Bank of Pittsburgh [Member] | ||
Line of Credit Facility, Maximum Borrowing Capacity | 361,614,000 | 362,630,000 |
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged | 495,143,000 | 488,889,000 |
Line of Credit Facility, Remaining Borrowing Capacity | $ 318,699,000 | $ 295,441,000 |
Federal Home Loan Bank of Pittsburgh [Member] | Overnight Borrowing [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 2.62% | 1.54% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances 1 [Member] | ||
Number of Short-term Advances | 9 | |
Short-term Borrowing, Amount of Each Borrowing | $ 3,000,000 | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances 2 [Member] | ||
Number of Short-term Advances | 1 | |
Short-term Borrowing, Amount of Each Borrowing | $ 2,000,000 | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances [Member] | ||
Short-term Debt, Weighted Average Interest Rate, at Point in Time | 1.69% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances [Member] | Minimum [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 1.23% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances [Member] | Maximum [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 1.89% | |
Federal Home Loan Bank of Pittsburgh [Member] | Other Assets [Member] | ||
Federal Home Loan Bank Stock | $ 5,582,000 | $ 6,426,000 |
Other Correspondent Banks [Member] | ||
Line of Credit Facility, Maximum Borrowing Capacity | 45,000,000 | 45,000,000 |
Long-term Line of Credit, Total | $ 0 | $ 0 |
Note 12 - Borrowed Funds - Shor
Note 12 - Borrowed Funds - Short-term Borrowings (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Short-term borrowings | $ 12,853 | $ 61,766 |
Securities Sold under Agreements to Repurchase [Member] | ||
Short-term borrowings | 5,853 | 3,766 |
Federal Home Loan Bank of Pittsburgh [Member] | ||
Short-term borrowings | 7,000 | 58,000 |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances [Member] | ||
Short-term borrowings | 7,000 | 58,000 |
Federal Home Loan Bank of Pittsburgh [Member] | Overnight Borrowing [Member] | ||
Short-term borrowings | 7,000 | 29,000 |
Federal Home Loan Bank of Pittsburgh [Member] | Other Short-term Debt [Member] | ||
Short-term borrowings | $ 0 | $ 29,000 |
Note 12 - Borrowed Funds - Long
Note 12 - Borrowed Funds - Long-term Borrowing Maturities (Details) - Federal Home Loan Bank of Pittsburgh [Member] - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Long-term borrowings from FHLB - Pittsburgh | $ 35,915,000 | $ 9,189,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.63% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 0 | 3,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.35% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 0 | 3,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.83% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 2,000,000 | 2,000,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.95% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.15% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.24% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.3% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.42% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.41% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.48% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.53% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.75% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.77% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2020 with Rate of 2.73% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2020 with Rate of 4.79% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 271,000 | 463,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2025 with Rate of 4.91% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | $ 644,000 | $ 726,000 |
Note 12 - Borrowed Funds - Lo_2
Note 12 - Borrowed Funds - Long-term Borrowing Maturities (Details) (Parentheticals) | Dec. 31, 2018 | Dec. 31, 2017 |
Federal Home Loan Bank Borrowings Loan Maturing in 2025 with Rate of 4.91% [Member] | ||
Rate | 4.91% | 4.91% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.63% [Member] | ||
Rate | 1.63% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.35% [Member] | ||
Rate | 1.35% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.83% [Member] | ||
Rate | 1.83% | 1.83% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.95% [Member] | ||
Rate | 1.95% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.15% [Member] | ||
Rate | 2.15% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.24% [Member] | ||
Rate | 2.24% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.3% [Member] | ||
Rate | 2.30% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.42% [Member] | ||
Rate | 2.42% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.41% [Member] | ||
Rate | 2.41% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.48% [Member] | ||
Rate | 2.48% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.53% [Member] | ||
Rate | 2.53% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.75% [Member] | ||
Rate | 2.75% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.77% [Member] | ||
Rate | 2.77% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2020 with Rate of 2.73% [Member] | ||
Rate | 2.73% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2020 with Rate of 4.79% [Member] | ||
Rate | 4.79% | 4.79% |
Note 13 - Employee and Postre_3
Note 13 - Employee and Postretirement Benefit Plans (Details Textual) | 1 Months Ended | 12 Months Ended | |||
Jan. 31, 2019shares | Jan. 30, 2019USD ($) | Dec. 31, 2018USD ($)shares | Dec. 31, 2017USD ($)shares | Dec. 03, 2015USD ($) | |
Estimated Minimum Contribution to Defined Benefit Pension Plan | $ 0 | ||||
Payment for Pension Benefits | $ 717,000 | $ 681,000 | |||
Employee Stock Ownership Plan (ESOP), Diversification Feature, Age Requirement | 55 | ||||
Deferred Compensation Arrangement with Individual, Requisite Service Period | 10 years | ||||
Employee Stock Ownership Plan (ESOP), Diversification Feature Percentage | 50.00% | ||||
Employee Stock Ownership Plan (ESOP), Policy Diversification Feature Term | 6 years | ||||
Employee Stock Ownership Plan (ESOP), Shares Repurchased | shares | 0 | 0 | |||
Employee Stock Ownership Plan (ESOP), Shares in ESOP, Total | shares | 444,843 | 419,067 | |||
Employee Stock Ownership Plan (ESOP), Cash Contributions to ESOP | $ 605,000 | $ 588,000 | |||
Pension and Other Postretirement Benefits Cost (Reversal of Cost), Total | $ 5,259,000 | $ 5,348,000 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | shares | 0 | 0 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | 3 years 109 days | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $ 918,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value | 291,000 | $ 164,000 | |||
Allocated Share-based Compensation Expense, Total | 855,000 | 627,000 | |||
Scenario, Forecast [Member] | |||||
Allocated Share-based Compensation Expense, Total | $ 880,000 | ||||
Minimum [Member] | |||||
Performance Conditions on Return on Average Equity, Peer Group, Total Assets | 750,000,000 | $ 750,000,000 | |||
Maximum [Member] | |||||
Performance Conditions on Return on Average Equity, Peer Group, Total Assets | 3,500,000,000 | $ 2,000,000,000 | |||
Employee Stock Option [Member] | |||||
Allocated Share-based Compensation Expense, Total | 0 | 0 | |||
Restricted Stock [Member] | |||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total | $ 591,000 | ||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | 1 year 109 days | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares | 34,552 | ||||
Allocated Share-based Compensation Expense, Total | $ 855,000 | $ 627,000 | |||
Stock Incentive Plan [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares | 850,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | shares | 257,560 | ||||
Stock Incentive Plan [Member] | Employee Stock Option [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 180 days | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 10 years | ||||
Stock Incentive Plan [Member] | Restricted Stock [Member] | Subsequent Event [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares | 40,517 | ||||
Stock Incentive Plan [Member] | Restricted Stock [Member] | Subsequent Event [Member] | Vesting Contingent upon Corporation Meeting ROAE Performance Ratio [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage | 50.00% | ||||
Stock Incentive Plan [Member] | Restricted Stock [Member] | Other Employees [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | ||||
Stock Incentive Plan [Member] | Restricted Stock [Member] | Executive Officer [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | ||||
Independent Directors Stock Incentive Plan [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares | 235,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 10 years | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | shares | 112,138 | ||||
Independent Directors Stock Incentive Plan [Member] | Restricted Stock [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 1 year | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares | 9,086 | 8,470 | |||
Independent Directors Stock Incentive Plan [Member] | Restricted Stock [Member] | Subsequent Event [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 1 year | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares | 7,620 | ||||
Independent Directors Stock Incentive Plan [Member] | Restricted Stock [Member] | Executive Officer [Member] | Subsequent Event [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares | 27,380 | ||||
Equity Securities [Member] | |||||
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 45.00% | 45.00% | |||
Debt Securities [Member] | |||||
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 40.00% | 37.00% | |||
Alternative Funds [Member] | |||||
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 12.00% | 16.00% | |||
Cash [Member] | |||||
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 3.00% | 2.00% | |||
Pension Plan [Member] | |||||
Defined Benefit Plan, Expected Amortization of Gain (Loss), Next Fiscal Year | $ 26,000 | ||||
Defined Benefit Plan, Accumulated Benefit Obligation | 870,000 | $ 850,000 | |||
Other Postretirement Benefits Plan [Member] | |||||
Defined Benefit Plan, Expected Amortization of Gain (Loss), Next Fiscal Year | 5,000 | ||||
Defined Benefit Plan, Expected Amortization of Prior Service Cost (Credit), Next Fiscal Year | 31,000 | ||||
Supplemental Employee Retirement Plan [Member] | |||||
Pension and Other Postretirement Benefits Cost (Reversal of Cost), Total | $ 242,000 | $ 200,000 |
Note 13 - Employee and Postre_4
Note 13 - Employee and Postretirement Benefit Plans - Funded Status of Defined Benefit Plans (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Pension Plan [Member] | ||
Benefit obligation at beginning of year | $ 850 | $ 713 |
Service cost | 0 | 0 |
Interest cost | 25 | 24 |
Plan participants' contributions | 0 | 0 |
Actuarial loss (gain) | 11 | 127 |
Benefits paid | (16) | (14) |
Benefit obligation at end of year | 870 | 850 |
Fair value of plan assets at beginning of year | 923 | 846 |
Actual return on plan assets | (60) | 91 |
Employer contribution | 0 | 0 |
Plan participants' contributions | 0 | 0 |
Benefits paid | (16) | (14) |
Fair value of plan assets at end of year | 847 | 923 |
Funded status at end of year | (23) | 73 |
Other Postretirement Benefits Plan [Member] | ||
Benefit obligation at beginning of year | 1,497 | 1,555 |
Service cost | 40 | 36 |
Interest cost | 51 | 57 |
Plan participants' contributions | 206 | 211 |
Actuarial loss (gain) | (192) | (103) |
Benefits paid | (253) | (259) |
Benefit obligation at end of year | 1,349 | 1,497 |
Fair value of plan assets at beginning of year | 0 | 0 |
Actual return on plan assets | 0 | 0 |
Employer contribution | 47 | 48 |
Plan participants' contributions | 206 | 211 |
Benefits paid | (253) | (259) |
Fair value of plan assets at end of year | 0 | 0 |
Funded status at end of year | $ (1,349) | $ (1,497) |
Note 13 - Employee and Postre_5
Note 13 - Employee and Postretirement Benefit Plans - Plan Assets and Liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Pension Plan [Member] | ||
Other assets | $ 73 | |
Accrued interest and other liabilities | 23 | |
Other Postretirement Benefits Plan [Member] | ||
Other assets | ||
Accrued interest and other liabilities | $ 1,349 | $ 1,497 |
Note 13 - Employee and Postre_6
Note 13 - Employee and Postretirement Benefit Plans - Items Included in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Pension Plan [Member] | ||
Prior service cost | $ 0 | $ 0 |
Net actuarial loss (gain) | 299 | 221 |
Total | 299 | 221 |
Other Postretirement Benefits Plan [Member] | ||
Prior service cost | (279) | (309) |
Net actuarial loss (gain) | (194) | (2) |
Total | $ (473) | $ (311) |
Note 13 - Employee and Postre_7
Note 13 - Employee and Postretirement Benefit Plans - Net Periodic Benefit Costs (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Pension Plan [Member] | ||
Service cost | $ 0 | $ 0 |
Interest cost | 25 | 24 |
Expected return on plan assets | (20) | (31) |
Amortization of prior service cost | 0 | 0 |
Recognized net actuarial loss | 13 | 7 |
Total net periodic benefit cost | 18 | 0 |
Other Postretirement Benefits Plan [Member] | ||
Service cost | 40 | 36 |
Interest cost | 51 | 57 |
Expected return on plan assets | 0 | 0 |
Amortization of prior service cost | (30) | (31) |
Recognized net actuarial loss | 0 | 0 |
Total net periodic benefit cost | $ 61 | $ 62 |
Note 13 - Employee and Postre_8
Note 13 - Employee and Postretirement Benefit Plans - Assumptions Used to Determine Net Periodic Benefit Cost (Details) | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Pension Plan [Member] | ||
Discount rate | 3.55% | 4.05% |
Expected return on plan assets | 4.32% | 6.00% |
Discount rate | 4.10% | 3.55% |
Other Postretirement Benefits Plan [Member] | ||
Discount rate | 3.75% | 4.25% |
Discount rate | 4.50% | 3.75% |
Note 13 - Employee and Postre_9
Note 13 - Employee and Postretirement Benefit Plans - Estimated Future Benefit Payments (Details) $ in Thousands | Dec. 31, 2018USD ($) |
Pension Plan [Member] | |
2,019 | $ 369 |
2,020 | 15 |
2,021 | 14 |
2,022 | 16 |
2,023 | 168 |
2024-2028 | 338 |
Other Postretirement Benefits Plan [Member] | |
2,019 | 91 |
2,020 | 102 |
2,021 | 99 |
2,022 | 104 |
2,023 | 94 |
2024-2028 | $ 533 |
Note 13 - Employee and Postr_10
Note 13 - Employee and Postretirement Benefit Plans - Fair Values of Pension Plan Assets (Details) | Dec. 31, 2018 | Dec. 31, 2017 |
Fair value of plan assets | 100.00% | 100.00% |
Cash and Cash Equivalents [Member] | ||
Fair value of plan assets | 3.00% | 2.00% |
Debt Securities [Member] | ||
Fair value of plan assets | 40.00% | 37.00% |
Equity Securities [Member] | ||
Fair value of plan assets | 45.00% | 45.00% |
Alternative Funds [Member] | ||
Fair value of plan assets | 12.00% | 16.00% |
Note 13 - Employee and Postr_11
Note 13 - Employee and Postretirement Benefit Plans - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Allocated Share-based Compensation Expense, Total | $ 855 | $ 627 |
Restricted Stock [Member] | ||
Allocated Share-based Compensation Expense, Total | 855 | 627 |
Employee Stock Option [Member] | ||
Allocated Share-based Compensation Expense, Total | $ 0 | $ 0 |
Note 13 - Employee and Postr_12
Note 13 - Employee and Postretirement Benefit Plans - Non-vested Stock Options and Restricted Stock Activity (Details) - Restricted Stock [Member] | 12 Months Ended |
Dec. 31, 2018$ / sharesshares | |
Outstanding, restricted shares, beginning of year (in shares) | shares | 60,757 |
Outstanding, weighted average grant date fair value (in dollars per share) | $ / shares | $ 23.17 |
Granted, restricted shares (in shares) | shares | 34,552 |
Granted, weighted average grant date fair value (in dollars per share) | $ / shares | $ 24.21 |
Vested, restricted shares (in shares) | shares | (27,025) |
Vested, weighted average grant date fair value (in dollars per share) | $ / shares | $ 23 |
Forfeited, restricted shares (in shares) | shares | (7,939) |
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares | $ 23.39 |
Outstanding, restricted shares, end of year (in shares) | shares | 60,345 |
Outstanding, weighted average grant date fair value (in dollars per share) | $ / shares | $ 23.81 |
Note 13 - Employee and Postr_13
Note 13 - Employee and Postretirement Benefit Plans - Awarded Shares of Restricted Stock Under Stock Incentive Plan (Details) - Restricted Stock [Member] - Stock Incentive Plan [Member] - shares | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Shares awarded (in shares) | 25,466 | 22,312 |
Executive Officer [Member] | ||
Shares awarded (in shares) | 16,578 | 14,897 |
Other Employees [Member] | ||
Shares awarded (in shares) | 8,888 | 7,415 |
Note 13 - Employee and Postr_14
Note 13 - Employee and Postretirement Benefit Plans - Stock Option Activity (Details) - $ / shares | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Outstanding, beginning of year (in shares) | 165,660 | 202,037 |
Outstanding, beginning of year (in dollars per share) | $ 18.49 | $ 18.58 |
Granted (in shares) | 0 | 0 |
Granted (in dollars per share) | ||
Shares issued from treasury and redeemed related to exercise of stock options (in shares) | (41,210) | (24,976) |
Exercised (in dollars per share) | $ 18.69 | $ 17.50 |
Forfeited (in shares) | 0 | (635) |
Forfeited (in dollars per share) | $ 19.88 | |
Expired (in shares) | (8,736) | (10,766) |
Expired (in dollars per share) | $ 17.50 | $ 22.33 |
Outstanding, end of year (in shares) | 115,714 | 165,660 |
Outstanding, end of year (in dollars per share) | $ 18.49 | $ 18.49 |
Options exercisable at year-end (in shares) | 115,714 | 165,660 |
Options exercisable at year-end (in dollars per share) | $ 18.49 | $ 18.49 |
Weighted-average fair value of options forfeited (in dollars per share) | $ 4.21 |
Note 14 - Income Taxes (Details
Note 14 - Income Taxes (Details Textual) - USD ($) | Jan. 01, 2018 | Dec. 31, 2018 | Dec. 31, 2017 |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 21.00% | 35.00% | |
Income Tax Expense (Benefit), Included in AOCI | $ 325,000 | ||
Income Tax Credits and Adjustments | $ 150,000 | $ 157,000 | |
Increase (Decrease) in Income Taxes | (54,000) | (73,000) | |
Unrecognized Tax Benefits, Ending Balance | 0 | ||
Other Assets [Member] | |||
Amortization Method Qualified Affordable Housing Project Investments | $ 498,000 | $ 608,000 |
Note 14 - Income Taxes - Net De
Note 14 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Deferred tax assets: | ||
Allowance for loan losses | $ 2,005 | $ 1,894 |
Other deferred tax assets | 2,049 | 1,726 |
Total deferred tax assets | 5,199 | 4,126 |
Deferred tax liabilities: | ||
Bank premises and equipment | 907 | 751 |
Core deposit intangibles | 2 | 3 |
Other deferred tax liabilities | 143 | 64 |
Total deferred tax liabilities | 1,089 | 837 |
Deferred tax asset, net | 4,110 | 3,289 |
AOCI Attributable to Parent [Member] | ||
Deferred tax assets: | ||
Unrealized holding losses on securities | 1,145 | 843 |
Deferred tax liabilities: | ||
Defined benefit plans - ASC 835 | 37 | 31 |
Retained Earnings [Member] | ||
Deferred tax assets: | ||
Unrealized holding losses on securities | 0 | (337) |
Deferred tax liabilities: | ||
Defined benefit plans - ASC 835 | $ 0 | $ (12) |
Note 14 - Income Taxes - Provis
Note 14 - Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Currently payable | $ 4,350 | $ 4,938 | ||||||||
Tax expense resulting from allocations of certain tax benefits as a reduction in other assets | 87 | 63 | ||||||||
Deferred | (187) | 2,155 | ||||||||
Total provision | $ 1,021 | $ 1,111 | $ 1,377 | $ 741 | $ 3,536 | $ 1,262 | $ 1,374 | $ 984 | $ 4,250 | $ 7,156 |
Note 14 - Income Taxes - Reconc
Note 14 - Income Taxes - Reconciliation of Income Tax (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Expected provision | $ 5,515 | $ 7,207 | ||||||||
Expected provision, percentage | 21.00% | 35.00% | ||||||||
Tax-exempt interest income | $ (1,046) | $ (1,817) | ||||||||
Tax-exempt interest income, percentage | (3.98%) | (8.82%) | ||||||||
Increase in cash surrender value and other income from life insurance, net | $ (170) | $ (121) | ||||||||
Increase in cash surrender value and other income from life insurance, net, percentage | (0.65%) | (0.59%) | ||||||||
ESOP dividends | $ (98) | $ (154) | ||||||||
ESOP Dividends, percentage | (0.37%) | (0.75%) | ||||||||
State income tax, net of federal benefit | $ 125 | $ 70 | ||||||||
State income tax, net of federal benefit, percentage | 0.48% | 0.34% | ||||||||
Effect of tax rate change | $ 0 | $ 2,159 | ||||||||
Effect of tax rate change, percentage | 0.00% | 10.49% | ||||||||
Other, net | $ (76) | $ (188) | ||||||||
Other, net, percentage | (0.29%) | (0.92%) | ||||||||
Effective income tax provision | $ 1,021 | $ 1,111 | $ 1,377 | $ 741 | $ 3,536 | $ 1,262 | $ 1,374 | $ 984 | $ 4,250 | $ 7,156 |
Effective income tax provision, percentage | 16.18% | 34.75% |
Note 15 - Related Party Trans_3
Note 15 - Related Party Transactions (Details Textual) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Related Party Deposit Liabilities | $ 7,479,000 | $ 7,171,000 |
Note 15 - Related Party Trans_4
Note 15 - Related Party Transactions - Related Party Loans (Details) - Management [Member] - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Beginning Balance | $ 14,412 | $ 11,414 |
New Loans | 3,553 | 2,128 |
Repayments | (1,417) | (2,061) |
Other Changes | (1,404) | 2,931 |
Ending Balance | $ 15,144 | $ 14,412 |
Note 16 - Off-balance Sheet R_3
Note 16 - Off-balance Sheet Risk (Details Textual) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Letters of Credit Outstanding, Amount | $ 0 | $ 0 |
Note 16 - Off-balance Sheet R_4
Note 16 - Off-balance Sheet Risk - Financial Instruments Whose Contract Amounts Represent Credit Risk (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Commitments to Extend Credit [Member] | ||
Credit risk financial instrument | $ 191,672 | $ 187,919 |
Standby Letters of Credit [Member] | ||
Credit risk financial instrument | $ 7,227 | $ 7,445 |
Note 16 - Off-balance Sheet R_5
Note 16 - Off-balance Sheet Risk - Standby Letters of Credit Expirations (Details) - Standby Letters of Credit [Member] - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
2,019 | $ 7,020 | |
2,020 | 207 | |
Total | $ 7,227 | $ 7,445 |
Note 18 - Regulatory Matters (D
Note 18 - Regulatory Matters (Details Textual) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018 |
Capital Conservation Buffer | 13.75% | |
Retained Earnings, Unappropriated | $ 98,939,000 | |
Tangible Capital to Tangible Assets | 10.00% | |
Tangible Capital | $ 16,686,000 | |
Scenario, Forecast [Member] | ||
Common Equity Tier One Capital Conservation Buffer Required for Capital Adequacy to Risk Weighted Assets | 2.50% |
Note 18 - Regulatory Matters -
Note 18 - Regulatory Matters - Capital Amounts and Ratios (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Total capital to risk-weighted assets - actual amount | $ 199,226 | $ 187,097 |
Total capital to risk-weighted assets - actual ratio | 24.42% | 23.07% |
Total capital to risk-weighted assets - minimum to meet the corporation's policy thresholds amount | $ 85,653 | $ 85,144 |
Total capital to risk-weighted assets - minimum to meet the corporation's policy thresholds ratio | 10.50% | 10.50% |
Total capital to risk-weighted assets - minimum capital requirement amount | $ 64,872 | |
Minimum total capital ratio | 8.00% | |
Total capital to risk-weighted assets - minimum capital requirement with conservation buffer amount | $ 75,008 | |
Total capital to risk-weighted assets - minimum capital requirement with conservation buffer ratio | 9.25% | |
Total capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions amount | $ 81,090 | |
Total capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions ratio | 10.00% | |
Tier 1 capital to risk-weighted assets - actual amount | $ 189,589 | $ 177,981 |
Tier 1 capital to risk-weighted assets - actual ratio | 23.24% | 21.95% |
Tier 1 capital to risk-weighted assets - minimum to meet the corporation's policy thresholds amount | $ 69,338 | $ 68,926 |
Tier 1 capital to risk-weighted assets - minimum to meet the corporation's policy thresholds ratio | 8.50% | 8.50% |
Tier 1 capital to risk-weighted assets - minimum capital requirement amount | $ 48,654 | |
Minimum tier 1 capital ratio | 6.00% | |
Tier 1 captial to risk-weighted assets - minimum capital requirement with conservation buffer amount | $ 58,790 | |
Tier 1 capital to risk-weighted assets - minimum capital requirement with conservation buffer ratio | 7.25% | |
Tier 1 capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions amount | $ 64,872 | |
Tier 1 capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions ratio | 8.00% | |
Common equity Tier 1 - amount | $ 189,589 | $ 177,981 |
Common equity Tier 1 - ratio | 23.24% | 21.95% |
Common equity Tier 1 - minimum to meet the corporation's policy thresholds amount | $ 57,102 | $ 56,763 |
Common equity Tier 1 - minimum to meet the corporation's policy thresholds ratio | 7.00% | 7.00% |
Common equity Tier 1 - minimum capital requirement amount | $ 36,490 | |
Minimum common equity tier 1 capital ratio | 4.50% | |
Common equity Tier 1 - capital conservation buffer amount | $ 46,626 | |
Common equity Tier 1 - capital conservation buffer ratio | 5.75% | |
Common equity Tier 1 Capital - minimum to be well capitalized under prompt corrective action provisions amount | $ 52,708 | |
Common equity Tier 1 Capital - minimum to be well capitalized under prompt corrective action provisions ratio | 6.50% | |
Tier 1 capital average - amount | $ 189,589 | $ 177,981 |
Tier 1 capital average - ratio | 14.78% | 14.23% |
Tier 1 capital average - minimum to meet the corporation's policy threshold amount | $ 102,634 | $ 62,529 |
Tier 1 capital average - minimum to meet the corporation's policy threshold ratio | 8.00% | 5.00% |
Tier 1 capital average - minimum capital amount | $ 50,023 | |
Tier 1 capital average - minimum capital ratio | 4.00% | |
Tier 1 capital average - minimum to be well capitalized amount | $ 62,529 | |
Tier 1 capital average - minimum to be well capitalized ratio | 5.00% | |
Citizens and Northern Bank [Member] | ||
Total capital to risk-weighted assets - actual amount | $ 176,499 | $ 165,142 |
Total capital to risk-weighted assets - actual ratio | 21.75% | 20.47% |
Total capital to risk-weighted assets - minimum to meet the corporation's policy thresholds amount | $ 85,202 | $ 84,694 |
Total capital to risk-weighted assets - minimum to meet the corporation's policy thresholds ratio | 10.50% | 10.50% |
Total capital to risk-weighted assets - minimum capital requirement amount | $ 64,916 | $ 64,528 |
Minimum total capital ratio | 8.00% | 8.00% |
Total capital to risk-weighted assets - minimum capital requirement with conservation buffer amount | $ 80,130 | $ 74,611 |
Total capital to risk-weighted assets - minimum capital requirement with conservation buffer ratio | 9.875% | 9.25% |
Total capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions amount | $ 81,145 | $ 80,661 |
Total capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions ratio | 10.00% | 10.00% |
Tier 1 capital to risk-weighted assets - actual amount | $ 166,862 | $ 156,026 |
Tier 1 capital to risk-weighted assets - actual ratio | 20.56% | 19.34% |
Tier 1 capital to risk-weighted assets - minimum to meet the corporation's policy thresholds amount | $ 68,976 | $ 68,561 |
Tier 1 capital to risk-weighted assets - minimum to meet the corporation's policy thresholds ratio | 8.50% | 8.50% |
Tier 1 capital to risk-weighted assets - minimum capital requirement amount | $ 48,687 | $ 48,396 |
Minimum tier 1 capital ratio | 6.00% | 6.00% |
Tier 1 captial to risk-weighted assets - minimum capital requirement with conservation buffer amount | $ 63,901 | $ 58,479 |
Tier 1 capital to risk-weighted assets - minimum capital requirement with conservation buffer ratio | 7.875% | 7.25% |
Tier 1 capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions amount | $ 64,916 | $ 64,528 |
Tier 1 capital to risk-weighted assets - minimum to be well capitalized under prompt corrective action provisions ratio | 8.00% | 8.00% |
Common equity Tier 1 - amount | $ 166,862 | $ 156,026 |
Common equity Tier 1 - ratio | 20.56% | 19.34% |
Common equity Tier 1 - minimum to meet the corporation's policy thresholds amount | $ 56,801 | $ 56,462 |
Common equity Tier 1 - minimum to meet the corporation's policy thresholds ratio | 7.00% | 7.00% |
Common equity Tier 1 - minimum capital requirement amount | $ 36,515 | $ 36,297 |
Minimum common equity tier 1 capital ratio | 4.50% | 4.50% |
Common equity Tier 1 - capital conservation buffer amount | $ 51,730 | $ 46,380 |
Common equity Tier 1 - capital conservation buffer ratio | 6.375% | 5.75% |
Common equity Tier 1 Capital - minimum to be well capitalized under prompt corrective action provisions amount | $ 52,744 | $ 52,429 |
Common equity Tier 1 Capital - minimum to be well capitalized under prompt corrective action provisions ratio | 6.50% | 6.50% |
Tier 1 capital average - amount | $ 166,862 | $ 156,026 |
Tier 1 capital average - ratio | 13.16% | 12.63% |
Tier 1 capital average - minimum to meet the corporation's policy threshold amount | $ 101,430 | $ 61,772 |
Tier 1 capital average - minimum to meet the corporation's policy threshold ratio | 8.00% | 5.00% |
Tier 1 capital average - minimum capital amount | $ 50,715 | $ 49,418 |
Tier 1 capital average - minimum capital ratio | 4.00% | 4.00% |
Tier 1 capital average - minimum to be well capitalized amount | $ 63,394 | $ 61,772 |
Tier 1 capital average - minimum to be well capitalized ratio | 5.00% | 5.00% |
Note 18 - Regulatory Matters _2
Note 18 - Regulatory Matters - Transition Schedule for New Ratios, Including the Capital Conservation Buffer (Details) | Dec. 31, 2018 | Dec. 31, 2017 |
Minimum common equity tier 1 capital ratio | 4.50% | |
Minimum tier 1 capital ratio | 6.00% | |
Minimum total capital ratio | 8.00% | |
Phased in Beginning 2018 [Member] | ||
Minimum common equity tier 1 capital ratio | 4.50% | |
Common equity tier 1 capital conservation buffer | 1.875% | |
Minimum common equity tier 1 capital ratio plus capital conservation buffer | 6.375% | |
Phase-in of most deductions from common equity tier 1 capital | 100.00% | |
Minimum tier 1 capital ratio | 6.00% | |
Minimum tier 1 capital ratio plus capital conservation buffer | 7.875% | |
Minimum total capital ratio | 8.00% | |
Minimum total capital ratio plus capital conservation buffer | 9.875% | |
Phased in Beginning 2019 [Member] | ||
Minimum common equity tier 1 capital ratio | 4.50% | |
Common equity tier 1 capital conservation buffer | 2.50% | |
Minimum common equity tier 1 capital ratio plus capital conservation buffer | 7.00% | |
Phase-in of most deductions from common equity tier 1 capital | 100.00% | |
Minimum tier 1 capital ratio | 6.00% | |
Minimum tier 1 capital ratio plus capital conservation buffer | 8.50% | |
Minimum total capital ratio | 8.00% | |
Minimum total capital ratio plus capital conservation buffer | 10.50% |
Note 18 - Regulatory Matters _3
Note 18 - Regulatory Matters - Payout Restrictions Based on the Capital Conservation Buffer (Details) | Dec. 31, 2018 |
Range One [Member] | |
Maximum Payout | 60.00% |
Range Two [Member] | |
Maximum Payout | 40.00% |
Range Three [Member] | |
Maximum Payout | 20.00% |
Range Four [Member] | |
Maximum Payout | 0.00% |
Note 18 - Regulatory Matters _4
Note 18 - Regulatory Matters - Payout Restrictions Based on the Capital Conservation Buffer (Details) (Parentheticals) | Dec. 31, 2018 |
Range One [Member] | |
Capital conservation buffer, high | 2.50% |
Capital conservation buffer, low | 1.875% |
Range Two [Member] | |
Capital conservation buffer, high | 1.875% |
Capital conservation buffer, low | 1.25% |
Range Three [Member] | |
Capital conservation buffer, high | 1.25% |
Capital conservation buffer, low | 0.625% |
Range Four [Member] | |
Capital conservation buffer, high | 0.625% |
Capital conservation buffer, low | 0.00% |
Note 19 - Parent Company Only -
Note 19 - Parent Company Only - Condensed Balance Sheet (Details) - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
ASSETS | ||
Other assets | $ 15,357 | $ 15,781 |
TOTAL ASSETS | 1,290,893 | 1,276,959 |
LIABILITIES AND STOCKHOLDERS' EQUITY | ||
Other liabilities | 10,985 | 9,112 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 1,290,893 | 1,276,959 |
Parent Company [Member] | ||
ASSETS | ||
Cash | 7,389 | 6,790 |
Other assets | 6 | 15 |
TOTAL ASSETS | 197,412 | 188,457 |
LIABILITIES AND STOCKHOLDERS' EQUITY | ||
Other liabilities | 44 | 14 |
Stockholders' equity | 197,368 | 188,443 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 197,412 | 188,457 |
Parent Company [Member] | Citizens and Northern Bank [Member] | ||
ASSETS | ||
Equity method investment | 174,795 | 166,576 |
Parent Company [Member] | Citizens and Northern Investment Corporation [Member] | ||
ASSETS | ||
Equity method investment | 11,697 | 11,588 |
Parent Company [Member] | Bucktail Life Insurance Company [Member] | ||
ASSETS | ||
Equity method investment | $ 3,525 | $ 3,488 |
Note 19 - Parent Company Only_2
Note 19 - Parent Company Only - Condensed Income Statement (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Income before equity in undistributed income of subsidiaries | $ 6,702 | $ 6,697 | $ 7,748 | $ 5,116 | $ 5,479 | $ 5,198 | $ 5,495 | $ 4,418 | $ 26,263 | $ 20,590 |
NET INCOME | $ 5,681 | $ 5,586 | $ 6,371 | $ 4,375 | $ 1,943 | $ 3,936 | $ 4,121 | $ 3,434 | 22,013 | 13,434 |
Parent Company [Member] | ||||||||||
Dividends from Citizens & Northern Bank | 12,800 | 12,022 | ||||||||
Expenses | (681) | (233) | ||||||||
Income before equity in undistributed income of subsidiaries | 12,119 | 11,789 | ||||||||
Equity in undistributed income of subsidiaries | 9,894 | 1,645 | ||||||||
NET INCOME | $ 22,013 | $ 13,434 |
Note 19 - Parent Company Only_3
Note 19 - Parent Company Only - Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||
Net income | $ 5,681 | $ 5,586 | $ 6,371 | $ 4,375 | $ 1,943 | $ 3,936 | $ 4,121 | $ 3,434 | $ 22,013 | $ 13,434 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Decrease (increase) in other assets | (413) | (595) | ||||||||
Increase in other liabilities | 1,957 | 1,312 | ||||||||
Net Cash Provided by Operating Activities | 25,892 | 19,374 | ||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Tax cost from compensation plans, net | 0 | (5) | ||||||||
Dividends paid | (11,746) | (11,145) | ||||||||
Net Cash Used in Financing Activities | (8,421) | 19,914 | ||||||||
INCREASE IN CASH AND CASH EQUIVALENTS | (4,177) | 8,383 | ||||||||
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR | 37,004 | 28,621 | 37,004 | 28,621 | ||||||
CASH AND CASH EQUIVALENTS, END OF YEAR | 32,827 | 37,004 | 32,827 | 37,004 | ||||||
Parent Company [Member] | ||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||
Net income | 22,013 | 13,434 | ||||||||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Equity in undistributed net income of subsidiaries | (9,894) | (1,645) | ||||||||
Decrease (increase) in other assets | 7 | (11) | ||||||||
Increase in other liabilities | 30 | 1 | ||||||||
Net Cash Provided by Operating Activities | 12,156 | 11,779 | ||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Proceeds from sale of treasury stock | 189 | 128 | ||||||||
Dividends paid | (11,746) | (11,145) | ||||||||
Net Cash Used in Financing Activities | (11,557) | (11,022) | ||||||||
INCREASE IN CASH AND CASH EQUIVALENTS | 599 | 757 | ||||||||
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR | $ 6,790 | $ 6,033 | 6,790 | 6,033 | ||||||
CASH AND CASH EQUIVALENTS, END OF YEAR | $ 7,389 | $ 6,790 | $ 7,389 | $ 6,790 |
Note 20 - Summary of Quarterl_3
Note 20 - Summary of Quarterly Consolidated Financial Data (Unaudited) - Quarterly Financial Data (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||||||||||
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |||
Interest income | $ 13,304,000 | $ 12,800,000 | $ 12,334,000 | $ 11,890,000 | $ 11,785,000 | $ 11,626,000 | $ 11,340,000 | $ 11,112,000 | $ 50,328,000 | $ 45,863,000 | ||
Interest expense | 1,312,000 | 1,241,000 | 1,079,000 | 993,000 | 999,000 | 985,000 | 978,000 | 953,000 | 4,625,000 | 3,915,000 | ||
Net interest income | 11,992,000 | 11,559,000 | 11,255,000 | 10,897,000 | 10,786,000 | 10,641,000 | 10,362,000 | 10,159,000 | 45,703,000 | 41,948,000 | ||
Provision (credit) for loan losses | 252,000 | 60,000 | (20,000) | 292,000 | 23,000 | 322,000 | 4,000 | 452,000 | 584,000 | 801,000 | ||
Net interest income after provision (credit) for loan losses | 11,740,000 | 11,499,000 | 11,275,000 | 10,605,000 | 10,763,000 | 10,319,000 | 10,358,000 | 9,707,000 | 45,119,000 | 41,147,000 | ||
Other income | 5,040,000 | 4,462,000 | 4,689,000 | 4,406,000 | 4,117,000 | 4,066,000 | 4,106,000 | 3,864,000 | 18,597,000 | 16,153,000 | ||
Gain on restricted equity security | 0 | 571,000 | 1,750,000 | 0 | 2,321,000 | 0 | ||||||
Net gains (losses) on available-for-sale securities | (4,000) | (2,000) | (282,000) | 0 | 0 | 5,000 | 107,000 | 145,000 | (288,000) | 257,000 | ||
Other expenses | 10,074,000 | 9,833,000 | 9,684,000 | 9,895,000 | 9,401,000 | 9,192,000 | 9,076,000 | 9,298,000 | 39,486,000 | 36,967,000 | ||
Income before equity in undistributed income of subsidiaries | 6,702,000 | 6,697,000 | 7,748,000 | 5,116,000 | 5,479,000 | 5,198,000 | 5,495,000 | 4,418,000 | 26,263,000 | 20,590,000 | ||
Income tax provision | 1,021,000 | 1,111,000 | 1,377,000 | 741,000 | 3,536,000 | 1,262,000 | 1,374,000 | 984,000 | 4,250,000 | 7,156,000 | ||
NET INCOME | 5,681,000 | 5,586,000 | 6,371,000 | 4,375,000 | 1,943,000 | 3,936,000 | 4,121,000 | 3,434,000 | 22,013,000 | 13,434,000 | ||
Net income attributable to common shares | $ 5,654,000 | $ 5,558,000 | $ 6,339,000 | $ 4,352,000 | $ 1,933,000 | $ 3,916,000 | $ 4,100,000 | $ 3,416,000 | $ 21,903,000 | $ 13,365,000 | ||
Net income per share – basic (in dollars per share) | $ 0.46 | $ 0.45 | $ 0.52 | $ 0.36 | $ 0.16 | $ 0.32 | $ 0.34 | $ 0.28 | $ 1.79 | [1] | $ 1.10 | [1] |
Net income per share – diluted (in dollars per share) | $ 0.46 | $ 0.45 | $ 0.52 | $ 0.36 | $ 0.16 | $ 0.32 | $ 0.34 | $ 0.28 | $ 1.79 | [1] | $ 1.10 | [1] |
[1] | Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). |
Note 21 - Revenue Recognition (
Note 21 - Revenue Recognition (Details Textual) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Assets Under Management Fair Value | $ 862,517,000 | $ 916,580,000 |
Percent of Trust Asset Revenue Earned Monthly | 81.00% |
Note 22 - Pending Merger (Detai
Note 22 - Pending Merger (Details Textual) $ / shares in Units, $ in Thousands | 3 Months Ended | ||
Jun. 30, 2019USD ($)$ / shares | Dec. 31, 2018USD ($) | Dec. 31, 2017USD ($) | |
Assets, Total | $ 1,290,893 | $ 1,276,959 | |
Monument Bancorp, Inc [Member] | |||
Assets, Total | $ 363,000 | ||
Monument Bancorp, Inc [Member] | Scenario, Forecast [Member] | |||
Business Acquisition, Stock Exchange Ratio | 1.0144 | ||
Business Acquisition, Share Price | $ / shares | $ 28.10 | ||
Percenatge of Acquiree's Shares Converted Into Cash | 20.00% | ||
Percenatge of Acquiree's Shares Converted Into Stock | 80.00% | ||
Business Combination, Consideration Transferred, Total | $ 42,700 |