Orrstown Financial Services (ORRF) 10-Q 7 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 02, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	ORRSTOWN FINANCIAL SERVICES INC
Entity Central Index Key	826,154
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	ORRF
Amendment Flag	false
Entity Common Stock, Shares Outstanding		8,283,003

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 17,787	$ 11,412
Interest bearing deposits with banks	19,854	16,928
Cash and cash equivalents	37,641	28,340
Restricted investments in bank stocks	6,615	8,720
Securities available for sale	374,902	394,124
Loans held for sale	3,956	5,917
Loans	847,061	781,713
Less: Allowance for loan losses	(13,850)	(13,568)
Net loans	833,211	768,145
Premises and equipment, net	34,630	23,960
Cash surrender value of life insurance	31,870	31,224
Intangible assets	122	207
Accrued interest receivable	3,690	3,845
Other assets	27,517	28,334
Total assets	1,354,154	1,292,816
Deposits:
Non-interest bearing	148,388	131,390
Interest bearing	984,944	900,777
Total deposits	1,133,332	1,032,167
Short-term borrowings	42,852	89,156
Long-term debt	24,247	24,495
Accrued interest and other liabilities	13,928	13,937
Total liabilities	1,214,359	1,159,755
Shareholders’ Equity
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding	0	0
Common stock, no par value—$0.05205 stated value per share 50,000,000 shares authorized; 8,357,941 and 8,320,479 shares issued; 8,289,739 and 8,272,591 shares outstanding	437	435
Additional paid - in capital	124,935	124,317
Retained earnings	10,483	7,939
Accumulated other comprehensive income	5,136	1,199
Treasury stock—common, 68,202 and 47,888 shares, at cost	(1,196)	(829)
Total shareholders’ equity	139,795	133,061
Total liabilities and shareholders’ equity	$ 1,354,154	$ 1,292,816

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (usd per share)	$ 1.25	$ 1.25
Preferred stock, shares authorized	500,000	500,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, stated value (usd per share)	$ 0.05205	$ 0.05205
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	8,357,941	8,320,479
Common stock, shares outstanding	8,289,739	8,272,591
Treasury stock shares	68,202	47,888

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest and dividend income
Interest and fees on loans	$ 8,631	$ 7,912	$ 25,006	$ 22,988
Interest and dividends on investment securities
Taxable	1,544	1,532	4,376	5,012
Tax-exempt	437	420	1,319	617
Short-term investments	42	21	186	64
Total interest and dividend income	10,654	9,885	30,887	28,681
Interest expense
Interest on deposits	1,295	979	3,625	2,536
Interest on short-term borrowings	21	85	112	226
Interest on long-term debt	104	108	315	293
Total interest expense	1,420	1,172	4,052	3,055
Net interest income	9,234	8,713	26,835	25,626
Provision for loan losses	250	(603)	250	(603)
Net interest income after provision for loan losses	8,984	9,316	26,585	26,229
Noninterest income
Service charges on deposit accounts	1,370	1,381	4,045	3,873
Other service charges, commissions and fees	188	586	637	1,024
Trust department income	1,247	1,074	3,771	3,519
Brokerage income	459	551	1,485	1,536
Mortgage banking activities	1,012	837	2,381	2,150
Earnings on life insurance	272	269	810	731
Other income	20	104	221	338
Investment securities gains	0	29	1,420	1,911
Total noninterest income	4,568	4,831	14,770	15,082
Noninterest expenses
Salaries and employee benefits	6,823	6,051	19,318	18,109
Occupancy expense	683	529	1,801	1,715
Furniture and equipment	782	759	2,316	2,265
Data processing	532	536	1,686	1,573
Telephone and communication	206	168	572	529
Automated teller and interchange fees	157	204	555	625
Advertising and bank promotions	433	471	1,244	1,040
FDIC insurance	143	201	598	631
Legal fees	298	427	704	1,116
Other professional services	287	308	971	951
Directors compensation	242	204	730	531
Collection and problem loan	39	108	187	306
Real estate owned expenses	94	42	195	116
Taxes other than income	186	239	594	691
Intangible asset amortization	10	51	85	156
Regulatory settlement	0	0	1,000	0
Other operating expenses	1,070	926	3,108	3,034
Total noninterest expenses	11,985	11,224	35,664	33,388
Income before income taxes	1,567	2,923	5,691	7,923
Income tax expense	125	462	991	1,498
Net income	$ 1,442	$ 2,461	$ 4,700	$ 6,425
Per share information:
Basic earnings per share (usd per share)	$ 0.18	$ 0.30	$ 0.58	$ 0.79
Diluted earnings per share (usd per share)	0.18	0.30	0.58	0.79
Dividends per share (usd per share)	$ 0.09	$ 0.07	$ 0.26	$ 0.14

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 1,442	$ 2,461	$ 4,700	$ 6,425
Other comprehensive income, net of tax:
Unrealized gains (losses) on securities available for sale arising during the period	(3,635)	3,816	7,357	4,421
Reclassification adjustment for gains realized in net income	0	(29)	(1,420)	(1,911)
Net unrealized gains (losses)	(3,635)	3,787	5,937	2,510
Tax effect	1,350	(1,325)	(2,000)	(879)
Total other comprehensive income (loss), net of tax and reclassification adjustments	(2,285)	2,462	3,937	1,631
Total comprehensive income (loss)	$ (843)	$ 4,923	$ 8,637	$ 8,056

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income	Treasury Stock
Beginning balance at Dec. 31, 2014	$ 127,265	$ 430	$ 123,392	$ 1,887	$ 1,576	$ (20)
Increase (Decrease) in Shareholders' Equity
Net income	6,425	0	0	6,425	0	0
Total other comprehensive income, net of taxes	1,631	0	0	0	1,631	0
Cash dividends ($0.26 and $0.14 per share in 2016 and 2015)	(1,161)	0	0	(1,161)	0	0
Stock-based compensation plans:
Issuance of stock (37,462 and 52,686 shares in 2016 and 2015), including compensation expense of $762 and $525 in 2016 and 2015	625	5	620	0	0	0
Issuance of stock through dividend reinvestment plan (5,239 shares)	90	0	90	0	0	0
Acquisition of treasury stock (35,648 and 8,813 shares in 2016 and 2015)	(147)	0	0	0	0	(147)
Ending balance at Sep. 30, 2015	134,728	435	124,102	7,151	3,207	(167)
Beginning balance at Dec. 31, 2015	133,061	435	124,317	7,939	1,199	(829)
Increase (Decrease) in Shareholders' Equity
Net income	4,700	0	0	4,700	0	0
Total other comprehensive income, net of taxes	3,937	0	0	0	3,937	0
Cash dividends ($0.26 and $0.14 per share in 2016 and 2015)	(2,156)	0	0	(2,156)	0	0
Stock-based compensation plans:
Issuance of stock (37,462 and 52,686 shares in 2016 and 2015), including compensation expense of $762 and $525 in 2016 and 2015	762	2	760	0	0	0
Issuance of treasury stock (15,334 shares), including compensation expense of $16	122	0	(142)	0	0	264
Acquisition of treasury stock (35,648 and 8,813 shares in 2016 and 2015)	(631)	0	0	0	0	(631)
Ending balance at Sep. 30, 2016	$ 139,795	$ 437	$ 124,935	$ 10,483	$ 5,136	$ (1,196)

Consolidated Statements of Cha7

Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Stockholders' Equity [Abstract]
Cash dividends per share (usd per share)	$ 0.26	$ 0.14
Stock-based compensation plans, issuance of stock, shares	37,462	52,686
Compensation expense, issuance of stock	$ 762	$ 525
Issuance of treasury stock, shares	15,334
Compensation expense, issuance of treasury stock	$ 16
Issuance of stock through dividend reinvestment plan, shares		5,239
Acquisition of treasury stock, shares	35,648	8,813

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 4,700	$ 6,425
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of premiums on securities available for sale	3,856	4,613
Depreciation and amortization	2,180	2,161
Provision for loan losses	250	(603)
Stock-based compensation	778	525
Gain on sales of loans originated for sale	(2,197)	(1,814)
Mortgage loans originated for sale	(81,911)	(66,140)
Proceeds from sales of loans originated for sale	85,585	66,640
Net gain on disposal of other real estate owned	(88)	(205)
Writedown of other real estate owned	152	21
Net loss on disposal of premises and equipment	46	0
Deferred income taxes	(206)	1,554
Investment securities gains	(1,420)	(1,911)
Earnings on cash surrender value of life insurance	(810)	(731)
Decrease (increase) in accrued interest receivable	155	(440)
Increase (decrease) in accrued interest payable and other liabilities	(9)	308
Other, net	(720)	(2,200)
Net cash provided by operating activities	10,341	8,203
Cash flows from investing activities
Proceeds from sales of available for sale securities	64,742	65,598
Maturities, repayments and calls of available for sale securities	21,167	25,427
Purchases of available for sale securities	(63,185)	(109,268)
Net redemptions of restricted investments in bank stocks	2,105	1,244
Net increase in loans	(65,927)	(59,740)
Purchases of bank premises and equipment	(12,412)	(1,169)
Improvements to other real estate owned	(39)	0
Proceeds from disposal of other real estate owned	577	1,310
Purchases of bank owned life insurance	0	(3,750)
Net cash used in investing activities	(52,972)	(80,348)
Cash flows from financing activities
Net increase in deposits	101,165	98,274
Net (decrease) increase in short term borrowings	(46,304)	(31,911)
Proceeds from long-term debt	0	20,000
Payments on long-term debt	(248)	(10,237)
Dividends paid	(2,156)	(1,161)
Net proceeds from issuance of common stock	0	190
Acquisition of treasury stock	(631)	(147)
Issuance of treasury stock	106	0
Net cash provided by financing activities	51,932	75,008
Net increase in cash and cash equivalents	9,301	2,863
Cash and cash equivalents at beginning of period	28,340	31,409
Cash and cash equivalents at end of period	37,641	34,272
Supplemental disclosures of cash flow information:
Interest	4,068	3,009
Income taxes	900	0
Supplemental schedule of noncash investing activities:
Other real estate acquired in settlement of loans	$ 611	$ 1,216

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations – Orrstown Financial Services, Inc. (the “Company”) is a bank holding company (that has elected status as a financial holding company with the Board of Governors of the Federal Reserve System (the “FRB”)) whose primary activity consists of supervising its wholly-owned subsidiary, Orrstown Bank (the “Bank”). The Company operates through its office in Shippensburg, Pennsylvania. The Bank provides services through its network of 25 offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, and Perry Counties of Pennsylvania and in Washington County, Maryland. The Bank engages in lending services for commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending. Deposit services include checking, savings, time, and money market deposits. The Bank also provides investment and brokerage services through its Orrstown Financial Advisors division. The Company and the Bank are subject to the regulation of certain federal and state agencies and undergo periodic examinations by such regulatory authorities. Basis of Presentation – The unaudited condensed Consolidated Financial Statements of the Company and its subsidiary are presented for the three and nine months ended September 30, 2016 and 2015 and have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. However, unaudited information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, considered necessary for a fair presentation of the financial position, results of operations and cash flows for the interim period. Information presented at December 31, 2015 is condensed from audited year-end financial statements. These condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and footnotes thereto, included in the Annual Report on Form 10-K for the year ended December 31, 2015 . The Consolidated Financial Statements include the accounts of the Company and the Bank. Operating results for the three and nine months ended September 30, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016 . All significant intercompany transactions and accounts have been eliminated. Use of Estimates – The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. Subsequent Events – GAAP establishes standards for accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued. The subsequent events principle sets forth the period after the balance sheet date during which management of a reporting entity should evaluate events or transactions that may occur for potential recognition in the financial statements, identifies the circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its financial statements, and specifies the disclosures that should be made about events or transactions that occur after the balance sheet date. Concentration of Credit Risk – The Company generally grants commercial, residential, construction, municipal, and various forms of consumer lending to customers in its market area. Although the Company maintains a diversified loan portfolio, a significant portion of its customers’ ability to honor their contracts is dependent upon economic sectors for commercial real estate, including office space, retail strip centers, multi-family and hospitality, residential building operators, sales finance, sub-dividers and developers. Management evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if collateral is deemed necessary by the Company upon the extension of credit, is based on management’s credit evaluation of the customer. Collateral held varies, but generally includes real estate and equipment. The types of securities the Company invests in are included in Note 2, “Securities Available for Sale” and the type of lending the Company engages in are included in Note 3, “Loans Receivable and Allowance for Loan Losses.” Cash and Cash Equivalents – For purposes of the consolidated statements of cash flows, cash and cash equivalents include cash, balances due from banks, federal funds sold and interest bearing deposits due on demand, all of which have original maturities of 90 days or less. Net cash flows are reported for customer loan and deposit transactions, loans held for sale and redemption (purchases) of restricted investments in bank stocks, and short-term borrowings. Restricted Investments in Bank Stocks – Restricted investments in bank stocks, which represents required investments in the common stock of correspondent banks, are carried at cost as of September 30, 2016 and December 31, 2015 , and consists of common stock of the Federal Reserve Bank of Philadelphia (“Federal Reserve Bank”), Atlantic Community Bankers Bank and the Federal Home Loan Bank of Pittsburgh (“FHLB”). Management evaluates the restricted investments in bank stocks for impairment in accordance with Accounting Standard Codification (ASC) Topic 942, Accounting by Certain Entities (Including Entities with Trade Receivables) That Lend to or Finance the Activities of Others. Management’s determination of whether these investments are impaired is based on their assessment of the ultimate recoverability of their cost rather than by recognizing temporary declines in value. The determination of whether a decline affects the ultimate recoverability of their cost is influenced by criteria such as (1) the significance of the decline in net assets of the correspondent bank as compared to the capital stock amount for the correspondent bank and the length of time this situation has persisted, (2) commitments by the correspondent bank to make payments required by law or regulation and the level of such payments in relation to the operating performance of the correspondent bank, and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the correspondent bank. Management believes no impairment charge is necessary related to the restricted investments in bank stocks as of September 30, 2016 . However, security impairment analysis is completed quarterly and the determination that no impairment had occurred as of September 30, 2016 is no assurance that impairment may not occur in the future. Securities – Certain debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. “Trading” securities are recorded at fair value with changes in fair value included in earnings. As of September 30, 2016 and December 31, 2015 , the Company had no held to maturity or trading securities. Securities not classified as held to maturity or trading, including equity securities with readily determinable fair values, are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities and approximate the level yield method. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. Management evaluates securities for other-than-temporary impairment (“OTTI”) on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. The Company had no debt securities it deemed to be other than temporarily impaired at September 30, 2016 or December 31, 2015 . The Company’s securities are exposed to various risks, such as interest rate risk, market risk, and credit risks. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is at least reasonably possible that changes in risks in the near term would materially affect investment assets reported in the Consolidated Financial Statements. Loans Held for Sale – Loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value (LOCM). Gains and losses on loan sales (sales proceeds minus carrying value) are recorded in non-interest income. Loans – The Company grants commercial, residential, commercial mortgage, construction, municipal, mortgage and various forms of consumer loans to its customers located principally in south-central Pennsylvania and northern Maryland. The ability of the Company’s debtors to honor their contracts is dependent largely upon the real estate and general economic conditions in this area. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and amortized as a yield adjustment over the respective term of the loan. For all classes of loans, the accrual of interest income on loans, including impaired loans, generally ceases when principal or interest is past due 90 days or more or immediately if, in the opinion of management, full collection is unlikely. Interest will continue to accrue on loans past due 90 days or more if the collateral is adequate to cover principal and interest, and the loan is in the process of collection. Interest accrued, but not collected, as of the date of placement on nonaccrual status, is reversed and charged against current interest income, unless fully collateralized. Subsequent payments received are either applied to the outstanding principal balance or recorded as interest income, depending upon management’s assessment of the ultimate collectability of principal. Loans are returned to accrual status, for all loan classes, when all the principal and interest amounts contractually due are brought current, the loan has performed in accordance with the contractual terms of the note for a reasonable period of time, generally six months , and the ultimate collectability of the total contractual principal and interest is reasonably assured. Past due status is based on contractual terms of the loan. Loans, the terms of which are modified, are classified as troubled debt restructurings ("TDRs") if a concession was granted in connection with the modification, for legal or economic reasons, related to the debtor’s financial difficulties. Concessions granted under a TDR typically involve a temporary deferral of scheduled loan payments, an extension of a loan’s stated maturity date, a temporary reduction in interest rates, or granting of an interest rate below market rates given the risk of the transaction. If a modification occurs while the loan is on accruing status, it will continue to accrue interest under the modified terms. Nonaccrual TDRs may be restored to accrual status if scheduled principal and interest payments, under the modified terms, are current for six months after modification, and the borrower continues to demonstrate its ability to meet the modified terms. TDRs are evaluated individually for impairment on a quarterly basis including monitoring of performance according to their modified terms. Allowance for Loan Losses – The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. See Note 3, “Loans Receivable and Allowance for Loan Losses,” for additional details. Loan Commitments and Related Financial Instruments – Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded. Loans Serviced – The Bank administers secondary market mortgage programs available through the FHLB and the Federal National Mortgage Association and offers residential mortgage products and services to customers. The Bank originates single-family residential mortgage loans for immediate sale in the secondary market, and retains the servicing of those loans sold to these investors. At September 30, 2016 and December 31, 2015 , the balance of loans serviced for others was $326,461,000 and $317,793,000 . Transfers of Financial Assets – Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Cash Surrender Value of Life Insurance – The Company has purchased life insurance policies on certain employees. Company owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Premises and Equipment – Buildings, improvements, equipment, furniture and fixtures are carried at cost less accumulated depreciation and amortization. Land is carried at cost. Depreciation and amortization has been provided generally on the straight-line method and is computed over the estimated useful lives of the various assets as follows: buildings and improvements, including leasehold improvements – 10 to 40 years; and furniture and equipment – 3 to 15 years. Repairs and maintenance are charged to operations as incurred, while major additions and improvements are capitalized. Gain or loss on retirement or disposal of individual assets is recorded as income or expense in the period of retirement or disposal. Intangible Assets – Intangible assets represent purchased assets that lack physical substance but can be distinguished from goodwill because of contractual or other legal rights. The Company’s intangible assets have finite lives and are amortized, on a straight line basis, over their estimated lives, generally 10 years for deposit premiums and 15 years for customer lists. Mortgage Servicing Rights – The estimated fair value of mortgage servicing rights (MSRs) related to loans sold and serviced by the Company is recorded as an asset upon the sale of such loans. MSRs are amortized as a reduction to servicing income over the estimated lives of the underlying loans. MSRs are evaluated periodically for impairment, by comparing the carrying amount to estimated fair value. Fair value is determined periodically through a discounted cash flows valuation performed by a third party. Significant inputs to the valuation include expected servicing income, net of expense, the discount rate and the expected life of the underlying loans. To the extent the amortized cost of the MSRs exceeds their estimated fair values, a valuation allowance is established for such impairment through a charge against servicing income on the consolidated statement of income. If the Company determines, based on subsequent valuations, that impairment no longer exists or is reduced, the valuation allowance is reduced through a credit to earnings. The balance of mortgage servicing rights was $2,671,000 and $2,672,000 as of September 30, 2016 and December 31, 2015 , and is included in other assets. Foreclosed Real Estate – Real estate properties acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated costs to sell the underlying collateral. Capitalized costs include any costs that significantly improve the value of the properties. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of carrying amount or fair value less estimated costs to sell. Foreclosed real estate totaled $719,000 and $710,000 as of September 30, 2016 and December 31, 2015 and is included in other assets. Investments in Real Estate Partnerships – The Company currently has a 99% limited partner interest in several real estate partnerships in central Pennsylvania. These investments are affordable housing projects which entitle the Company to tax deductions and credits that expire through 2025. The Company accounts for its investments in affordable housing projects under the proportional amortization method when the criteria are met, which is limited to one investment entered into in 2015. Investments prior to 2015 did not meet the criteria, and are accounted for under the equity method of accounting. The recorded investment in these real estate partnerships, included in other assets in the balance sheet, totaled $5,051,000 and $5,450,000 as of September 30, 2016 and December 31, 2015 , of which $2,045,000 and $2,205,000 are accounted for under the proportional amortization method, respectively. Losses accounted for under the equity method of $83,000 and $89,000 were recorded for the three months ended September 30, 2016 and 2015 , and $261,000 and $273,000 for the nine months ended September 30, 2016 and 2015 , and are included in other noninterest income. Losses on the investments accounted for under the proportional amortization method of $52,000 for the three months ended September 30, 2016 , and $138,000 for the nine months ended September 30, 2016 , net of federal income tax benefit, is netted against income tax expense. The Company recognized federal tax credits from the projects totaling $184,000 and $119,000 during the three months ended September 30, 2016 and 2015 , and $552,000 , and $357,000 during the nine months ended September 30, 2016 and 2015 , which is included in income tax expense. Advertising – The Company follows the policy of charging costs of advertising to expense as incurred. Advertising expense was $238,000 and $244,000 for the three months ended September 30, 2016 and 2015 , and $591,000 and $500,000 for the nine months ended September 30, 2016 and 2015 . Securities Sold Under Agreements to Repurchase (“Repurchase Agreements”) – The Company enters into agreements under which it sells securities subject to an obligation to repurchase the same or similar securities which are included in short-term borrowings. Under these Repurchase Agreements, the Company may transfer legal control over the assets but still retain effective control through an agreement that both entitles and obligates the Company to repurchase the assets. As a result, these Repurchase Agreements are accounted for as collateralized financing arrangements (i.e., secured borrowings) and not as a sale and subsequent repurchase of securities. The obligation to repurchase the securities is reflected as a liability in the Company’s consolidated balance sheet, while the securities underlying the Repurchase Agreements remain in the respective investment securities asset accounts. In other words, there is no offsetting or netting of the investment securities assets with the Repurchase Agreement liabilities. In addition, as the Company does not enter into reverse Repurchase Agreements, there is no such offsetting to be done with the Repurchase Agreements. The right of setoff for a Repurchase Agreement resembles a secured borrowing, whereby the collateral would be used to settle the fair value of the Repurchase Agreement should the Company be in default (e.g., fails to make an interest payment to the counterparty). For the Repurchase Agreements, the collateral is held by the Company in a segregated custodial account under a third party agreement. Repurchase agreements are secured by U.S. Government Sponsored Enterprises mortgage-backed securities and mature overnight. Stock Compensation Plans – The Company has stock compensation plans that cover employees and non-employee directors. Stock compensation accounting guidance (Financial Accounting Standards Board ("FASB") ASC 718, Compensation – Stock Compensation ) requires that the compensation cost relating to share-based payment transactions be recognized in financial statements. That cost is measured based on the grant date fair value of the stock award, including a Black-Scholes model for stock options. Compensation cost for all stock awards is calculated and recognized over the employees’ service period, generally defined as the vesting period. Income Taxes – The Company accounts for income taxes in accordance with income tax accounting guidance (FASB ASC 740, Income Taxes ). The income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company recognizes interest and penalties, if any, on income taxes as a component of income tax expense. Loss Contingencies – Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Treasury Stock – Common stock shares repurchased are recorded as treasury stock at cost. Earnings Per Share – Basic earnings per share represent net income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Restricted stock awards are included in weighted average common shares outstanding as they are earned. Diluted earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock awards. Treasury shares are not deemed outstanding for earnings per share calculations. Comprehensive Income – Comprehensive income consists of net income and other comprehensive income. Other comprehensive income is limited to unrealized gains on securities available for sale for all years presented. The component of accumulated other comprehensive income, net of taxes, at September 30, 2016 and December 31, 2015 consisted of unrealized gains on securities available for sale and totaled $5,136,000 and $1,199,000 . Fair Value of Financial Instruments – Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 9. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect the estimates. Segment Reporting – The Company only operates in one significant segment – Community Banking. The Company’s non-banking activities are insignificant to the Consolidated Financial Statements. Reclassification – Certain amounts in the 2015 Consolidated Financial Statements have been reclassified to conform to the 2016 presentation. Reclassifications had no effect on prior year net income or shareholders' equity. Recent Accounting Pronouncements – In May 2014, the FASB issued ASU 2014-9, Revenue from Contracts with Customers (Topic 606) . ASU 2014-9, as amended, creates a new topic, Topic 606, to provide guidance on revenue recognition for entities that enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Additional disclosures are required to provide quantitative and qualitative information regarding the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. These amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that period. The Company is evaluating the impact of this standard on its financial position and results of operations. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. The update provides updated accounting and reporting requirements for both public and non-public entities. The most significant provisions that will impact the Company are: 1) equity securities available for sale will be measured at fair value, with the changes in fair value recognized in the income statement; 2) the requirement to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments at amortized cost on the balance sheet has been eliminated; 3) a provision to permit the utilization of the exit price notion when measuring the fair value of financial instruments for disclosure purposes; 4) a requirement for separate presentation of both financial assets and liabilities by measurement category and form of financial asset on the balance sheet or accompanying notes to the financial statements. The update will be effective for interim and annual periods beginning after December 15, 2017, using a cumulative-effect adjustment to the balance sheet as of the beginning of the year of adoption. Early adoption is not permitted. The Company is evaluating the impact of this standard on its financial position and results of operations. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The update provides updated accounting and reporting requirements, which, among other things, requires lessees to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) A lease liability, which is a lessee‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted upon issuance. Lessees must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. The Company anticipates that the impact on the balance sheet will result in an increase in assets and liabilities for its right of use assets and related lease liabilities for those leases that are outstanding at the date of adoption, however, it does not anticipate it will have a material impact on its results of operations. We are currently evaluating the other effects of adoption of this new standard on our financial position, including regulatory capital. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation: Improvements to Employee Share-Based Payment Accounting (Topic 718). The update will require recognition of the income tax effects of share-based awards in the income statement when the awards vest or are settled, eliminating the additional paid-in-capital pools. The guidance will be effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate this update will have a material impact on its financial position or results of operations. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The amendments in this update replace the existing incurred loss impairment methodology in current GAAP with an expected loss impairment methodology, which considers a

SECURITIES AVAILABLE FOR SALE

SECURITIES AVAILABLE FOR SALE	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
SECURITIES AVAILABLE FOR SALE	SECURITIES AVAILABLE FOR SALE At September 30, 2016 and December 31, 2015 , the investment securities portfolio was comprised exclusively of securities classified as “available for sale,” resulting in investment securities being carried at fair value. The amortized cost and fair values of investment securities available for sale at September 30, 2016 and December 31, 2015 were: (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2016 U.S. Government Agencies $ 41,748 $ 203 $ 82 $ 41,869 States and political subdivisions 123,698 6,903 202 130,399 U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities 121,489 2,392 0 123,881 GSE residential collateralized mortgage obligations (CMOs) 74,106 378 1,786 72,698 Private label CMOs 6,029 0 52 5,977 Total debt securities 367,070 9,876 2,122 374,824 Equity securities 50 28 0 78 Totals $ 367,120 $ 9,904 $ 2,122 $ 374,902 December 31, 2015 U.S. Government Agencies $ 47,209 $ 200 $ 182 $ 47,227 States and political subdivisions 124,421 2,483 943 125,961 GSE residential mortgage-backed securities 132,389 229 269 132,349 GSE residential CMOs 15,668 215 40 15,843 GSE commercial CMOs 63,598 735 563 63,770 Private label CMOs 8,944 0 43 8,901 Total debt securities 392,229 3,862 2,040 394,051 Equity securities 50 23 0 73 Totals $ 392,279 $ 3,885 $ 2,040 $ 394,124 The following table shows gross unrealized losses and fair value of the Company’s available for sale securities that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at September 30, 2016 and December 31, 2015 : Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2016 U.S. Government Agencies $ 5,875 $ 12 $ 14,233 $ 70 $ 20,108 $ 82 States and political subdivisions 0 0 5,452 202 5,452 202 GSE residential collateralized mortgage obligations (CMOs) 63,107 1,779 712 7 63,819 1,786 Private label CMOs 5,976 52 0 0 5,976 52 Total temporarily impaired securities $ 74,958 $ 1,843 $ 20,397 $ 279 $ 95,355 $ 2,122 December 31, 2015 U.S. Government Agencies $ 27,640 $ 182 $ 0 $ 0 $ 27,640 $ 182 States and political subdivisions 30,252 373 14,139 570 44,391 943 GSE residential mortgage-backed securities 82,911 269 0 0 82,911 269 GSE residential CMOs 0 0 4,237 40 4,237 40 GSE commercial CMOs 33,606 563 0 0 33,606 563 Private label CMOs 8,901 43 0 0 8,901 43 Total temporarily impaired securities $ 183,310 $ 1,430 $ 18,376 $ 610 $ 201,686 $ 2,040 The Company had 18 securities and 53 securities at September 30, 2016 and December 31, 2015 in which the amortized cost exceed their values, as discussed below. U.S. Agencies and Government Sponsored Enterprises (GSE). Fourteen U.S. Agencies and GSE securities, including mortgage-backed securities and collateralized mortgage obligations, have amortized costs which exceed their fair values, 11 of which are in the less than 12 months category, and three had amortized costs which exceed their fair value for more than 12 months at September 30, 2016 . At December 31, 2015 , the Company had 29 U.S. Government Agencies and GSE securities, including mortgage-backed and collateralized mortgage obligations with unrealized losses of which 25 GSE securities have had amortized costs which exceeded their fair values for less than 12 months, and four have had amortized costs which exceed their fair values for more than 12 months. These unrealized losses have been caused by a rise in interest rates or widening of spreads from the time the securities were purchased. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the par value basis of the investments. Because the Company does not intend to sell the investments and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired at September 30, 2016 or at December 31, 2015 . State and Political Subdivisions. One state and political subdivision security had an amortized cost which exceeded its fair value in the more than 12 months category at September 30, 2016 . At December 31, 2015 , 21 state and political subdivision securities have an amortized cost which exceeded their fair value, 16 of which are in the less than 12 months category, and five are in the more than 12 months category. These unrealized losses have been caused by a rise in interest rates or a widening of spreads from the time the securities were purchased. Management considers the investment rating, the state of the issuer of the security and other credit support in determining whether the security is other-than-temporarily impaired. Because the Company did not intend to sell the investments and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired at September 30, 2016 or at December 31, 2015 . Private Label. Three private label collateralized mortgage obligations have unrealized losses, all of which were in the less than 12 months category at September 30, 2016 . At December 31, 2015 , three private label securities have an amortized cost which exceeded their fair value for less than 12 months. These unrealized losses have been caused by a rise in interest rates from the time the securities were purchased. Because the Company does not intend to sell the investments and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired at September 30, 2016 or at December 31, 2015 . The amortized cost and fair values of securities available for sale at September 30, 2016 by contractual maturity are shown below. Contractual maturities will differ from expected maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale (Dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 0 $ 0 Due after one year through five years 3,210 3,358 Due after five years through ten years 71,653 75,769 Due after ten years 90,583 93,141 Mortgage-backed securities and collateralized mortgage obligations 201,624 202,556 Total debt securities 367,070 374,824 Equity securities 50 78 $ 367,120 $ 374,902 Gross gains on the sales of securities were $0 and $29,000 for the three months ended September 30, 2016 and 2015 . Gross gains on the sales of securities were $1,468,000 and $1,935,000 for the nine months ended September 30, 2016 and 2015 . Gross losses on securities available for sale were $48,000 and $24,000 for the nine months ended September 30, 2016 and 2015 . Securities with a fair value of $279,270,000 and $250,397,000 at September 30, 2016 and December 31, 2015 were pledged to secure public funds and for other purposes as required or permitted by law.

LOANS RECEIVABLE AND ALLOWANCE

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES	LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES The Company’s loan portfolio is broken down into segments to an appropriate level of disaggregation to allow management to monitor the performance by the borrower and to monitor the yield on the portfolio. Consistent with ASU 2010-20, Disclosures about the Credit Quality of Financing Receivables and the Allowance for Loan Losses, the segments were further broken down into classes, to allow for differing risk characteristics within a segment. The risks associated with lending activities differ among the various loan classes, and are subject to the impact of changes in interest rates, market conditions for the collateral securing the loans, and general economic conditions. All of these factors may adversely impact the borrower’s ability to repay its loans, and impact the associated collateral. The Company has various types of commercial real estate loans which have differing levels of credit risk associated with them. Owner-occupied commercial real estate loans are generally dependent upon the successful operation of the borrower’s business, with the cash flows generated from the business being the primary source of repayment of the loan. If the business suffers a downturn in sales or profitability, the borrower’s ability to repay the loan could be in jeopardy. Non-owner occupied and multi-family commercial real estate loans and non-owner occupied residential loans present a different credit risk to the Company than owner-occupied commercial real estate loans, as the repayment of the loan is dependent upon the borrower’s ability to generate a sufficient level of occupancy to produce rental income that exceeds debt service requirements and operating expenses. Lower occupancy or lease rates may result in a reduction in cash flows, which hinders the ability of the borrower to meet debt service requirements, and may result in lower collateral values. The Company generally recognizes that greater risk is inherent in these credit relationships as compared to owner-occupied loans mentioned above. Acquisition and development loans consist of 1-4 family residential construction and commercial and land development loans. The risk of loss on these loans is largely dependent on the Company’s ability to assess the property’s value at the completion of the project, which should exceed the property’s construction costs. During the construction phase, a number of factors could potentially negatively impact the collateral value, including cost overruns, delays in completing the project, competition, and real estate market conditions which may change based on the supply of similar properties in the area. In the event the collateral value at the completion of the project is not sufficient to cover the outstanding loan balance, the Company must rely upon other repayment sources, including the guarantors of the project or other collateral securing the loan. Commercial and industrial loans include advances to local and regional businesses for general commercial purposes and include permanent and short-term working capital, machinery and equipment financing, and may be either in the form of lines of credit or term loans. Although commercial and industrial loans may be unsecured for our highest-rated borrowers, the majority of these loans are secured by the borrower’s accounts receivable, inventory and machinery and equipment. In a significant number of these loans, the collateral also includes the business real estate or the business owner’s personal real estate or assets. Commercial and industrial loans present credit exposure to the Company, as they are more susceptible to risk of loss during a downturn in the economy, as borrowers may have greater difficulty in meeting their debt service requirements and the value of the collateral may decline. The Company attempts to mitigate this risk through its underwriting standards, including evaluating the credit worthiness of the borrower and, to the extent available, credit ratings on the business. Additionally, monitoring of the loans through annual renewals and meetings with the borrowers are typical. However, these procedures cannot eliminate the risk of loss associated with commercial and industrial lending. Municipal loans consist of extensions of credit to municipalities and school districts within the Company’s market area. These loans generally present a lower risk than commercial and industrial loans, as they are generally secured by the municipality’s full taxing authority, by revenue obligations, or by its ability to raise assessments on its customers for a specific utility. The Company originates loans to its retail customers, including fixed-rate and adjustable rate first lien mortgage loans with the underlying 1-4 family owner-occupied residential property securing the loan. The Company’s risk exposure is minimized in these types of loans through the evaluation of the credit worthiness of the borrower, including credit scores and debt-to-income ratios, and underwriting standards which limit the loan-to-value ratio to generally no more than 80% upon loan origination, unless the borrower obtains private mortgage insurance. Home equity loans, including term loans and lines of credit, present a slightly higher risk to the Company than 1-4 family first liens, as these loans can be first or second liens on 1-4 family owner-occupied residential property, but generally can have loan-to-value ratios of no greater than 90% of the value of the real estate taken as collateral. The credit worthiness of the borrower is considered including credit scores and debt-to-income ratios, which generally cannot exceed 43% . Installment and other loans’ credit risk are mitigated through prudent underwriting standards, including the evaluation of the credit worthiness of the borrower through credit scores and debt-to-income ratios, and if secured, the collateral value of the assets. As these loans can be unsecured or secured by assets the value of which may depreciate quickly or may fluctuate, they typically present a greater risk to the Company than 1-4 family residential loans. The loan portfolio, excluding residential loans held for sale, broken out by class, as of September 30, 2016 and December 31, 2015 was as follows: (Dollars in thousands) September 30, 2016 December 31, 2015 Commercial real estate: Owner-occupied $ 111,437 $ 103,578 Non-owner occupied 192,449 145,401 Multi-family 39,394 35,109 Non-owner occupied residential 56,759 54,175 Acquisition and development: 1-4 family residential construction 6,379 9,364 Commercial and land development 28,030 41,339 Commercial and industrial 87,492 73,625 Municipal 54,241 57,511 Residential mortgage: First lien 134,498 126,022 Home equity - term 14,896 17,337 Home equity - lines of credit 114,274 110,731 Installment and other loans 7,212 7,521 $ 847,061 $ 781,713 In order to monitor ongoing risk associated with its loan portfolio and specific loans within the segments, management uses an internal grading system. The first several rating categories, representing the lowest risk to the Bank, are combined and given a “Pass” rating. Management generally follows regulatory definitions in assigning criticized ratings to loans, including special mention, substandard, doubtful or loss. The “Special Mention” category includes loans that have potential weaknesses that may, if not monitored or corrected, weaken the asset or inadequately protect the Bank’s position at some future date. These assets pose elevated risk, but their weakness does not yet justify a more severe, or classified rating. “Substandard” loans are classified as they have a well-defined weakness, or weaknesses that jeopardize liquidation of the debt. These loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. “Substandard” loans include loans that management has determined not to be impaired, as well as loans considered to be impaired. A “Doubtful” loan has a high probability of total or substantial loss, but because of specific pending events that may strengthen the asset, its classification of loss is deferred. “Loss” assets are considered uncollectible, as the underlying borrowers are often in bankruptcy, have suspended debt repayments, or have ceased business operations. Once a loan is classified as “Loss,” there is little prospect of collecting the loan’s principal or interest and it is generally written off. The Bank has a loan review policy and program which is designed to identify and manage risk in the lending function. The Enterprise Risk Management (“ERM”) Committee, comprised of executive officers and loan department personnel, is charged with the oversight of overall credit quality and risk exposure of the Bank’s loan portfolio. This includes the monitoring of the lending activities of all Bank personnel with respect to underwriting and processing new loans and the timely follow-up and corrective action for loans showing signs of deterioration in quality. The loan review program provides the Bank with an independent review of the Bank’s loan portfolio on an ongoing basis. Generally, consumer and residential mortgage loans are included in the “Pass” categories unless a specific action, such as extended delinquencies, bankruptcy, repossession or death of the borrower occurs, which heightens awareness as to a possible credit event. The following summarizes the Bank’s ratings based on its internal risk rating system as of September 30, 2016 and December 31, 2015 : (Dollars in thousands) Pass Special Mention Non-Impaired Substandard Impaired - Substandard Doubtful Total September 30, 2016 Commercial real estate: Owner-occupied $ 99,563 $ 8,318 $ 2,077 $ 1,479 $ 0 $ 111,437 Non-owner occupied 168,158 12,261 5,127 6,253 650 192,449 Multi-family 37,108 1,284 795 207 0 39,394 Non-owner occupied residential 53,777 1,308 1,167 507 0 56,759 Acquisition and development: 1-4 family residential construction 5,859 364 156 0 0 6,379 Commercial and land development 27,371 11 646 2 0 28,030 Commercial and industrial 86,184 711 34 339 224 87,492 Municipal 54,241 0 0 0 0 54,241 Residential mortgage: First lien 130,139 0 0 4,359 0 134,498 Home equity - term 14,802 0 0 94 0 14,896 Home equity - lines of credit 113,704 188 52 330 0 114,274 Installment and other loans 7,203 0 0 9 0 7,212 $ 798,109 $ 24,445 $ 10,054 $ 13,579 $ 874 $ 847,061 December 31, 2015 Commercial real estate: Owner-occupied $ 96,715 $ 1,124 $ 3,630 $ 2,109 $ 0 $ 103,578 Non-owner occupied 125,043 12,394 108 7,856 0 145,401 Multi-family 31,957 1,779 1,140 233 0 35,109 Non-owner occupied residential 50,601 1,305 1,374 895 0 54,175 Acquisition and development: 1-4 family residential construction 9,364 0 0 0 0 9,364 Commercial and land development 40,181 219 934 5 0 41,339 Commercial and industrial 70,967 1,380 544 734 0 73,625 Municipal 57,511 0 0 0 0 57,511 Residential mortgage: First lien 121,214 0 0 4,808 0 126,022 Home equity - term 17,234 0 0 103 0 17,337 Home equity - lines of credit 109,731 230 180 590 0 110,731 Installment and other loans 7,504 0 0 17 0 7,521 $ 738,022 $ 18,431 $ 7,910 $ 17,350 $ 0 $ 781,713 Classified loans may also be evaluated for impairment. For commercial real estate, acquisition and development and commercial and industrial loans, a loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Generally, loans that are more than 90 days past due are deemed impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed to determine if the loan should be placed on nonaccrual status. Nonaccrual loans in the commercial and commercial real estate portfolios and any TDRs are, by definition, deemed to be impaired. Impairment is measured on a loan-by-loan basis for commercial, construction and restructured loans by either the present value of the expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. A loan is collateral dependent if the repayment of the loan is expected to be provided solely by the underlying collateral. For loans that are deemed to be impaired for extended periods of time, periodic updates on fair values are obtained, which may include updated appraisals. The updated fair values are incorporated into the impairment analysis as of the next reporting period. Loan charge-offs, which may include partial charge-offs, are taken on an impaired loan that is collateral dependent if the loan’s carrying balance exceeds its collateral’s appraised value; the loan has been identified as uncollectible; and it is deemed to be a confirmed loss. Typically, impaired loans with a charge-off or partial charge-off will continue to be considered impaired, unless the note is split into two , and management expects the performing note to continue to perform and is adequately secured. The second, or non-performing note, would be charged-off. Generally, an impaired loan with a partial charge-off may continue to have an impairment reserve on it after the partial charge-off, if factors warrant. As of September 30, 2016 and December 31, 2015 , nearly all of the Company’s impaired loans’ extent of impairment was measured based on the estimated fair value of the collateral securing the loan, except for TDRs. By definition, TDRs are considered impaired. All restructured loan impairments were determined based on discounted cash flows for those loans classified as TDRs and still accruing interest. For real estate loans, collateral generally consists of commercial real estate, but in the case of commercial and industrial loans, it would also consist of accounts receivable, inventory, equipment or other business assets. Commercial and industrial loans may also have real estate collateral. According to policy, updated appraisals are generally required every 18 months for classified loans in excess of $250,000 . The “as is value” provided in the appraisal is often used as the fair value of the collateral in determining impairment, unless circumstances, such as subsequent improvements, approvals, or other circumstances dictate that another value provided by the appraiser is more appropriate. Generally, impaired loans secured by real estate, other than performing TDRs, are measured at fair value using certified real estate appraisals that had been completed within the last 18 months . Appraised values are further discounted for estimated costs to sell the property and other selling considerations to arrive at the property’s fair value. In those situations in which it is determined an updated appraisal is not required for loans individually evaluated for impairment, fair values are based on one or a combination of the following approaches. In those situations in which a combination of approaches is considered, the factor that carries the most consideration will be the one management believes is warranted. The approaches are as follows: • Original appraisal – if the original appraisal provides a strong loan-to-value ratio (generally 70% or lower) and, after consideration of market conditions and knowledge of the property and area, it is determined by the Credit Administration staff that there has not been a significant deterioration in the collateral value, the original certified appraised value may be used. Discounts as deemed appropriate for selling costs are factored into the appraised value in arriving at fair value. • Discounted cash flows – in limited cases, discounted cash flows may be used on projects in which the collateral is liquidated to reduce the borrowings outstanding, and is used to validate collateral values derived from other approaches. Collateral on certain impaired loans is not limited to real estate, and may consist of accounts receivable, inventory, equipment or other business assets. Estimated fair values are determined based on borrowers’ financial statements, inventory ledgers, accounts receivable agings or appraisals from individuals with knowledge in the business. Stated balances are generally discounted for the age of the financial information or the quality of the assets. In determining fair value, liquidation discounts are applied to this collateral based on existing loan evaluation policies. The Company distinguishes Substandard loans on both an impaired and non-impaired basis, as it places less emphasis on a loan’s classification, and increased reliance on whether the loan was performing in accordance with the contractual terms. A “Substandard” classification does not automatically meet the definition of “impaired.” A "Substandard" loan is one that is inadequately protected by the current sound worth and paying capacity of the obligor or the collateral pledged, if any. Extensions of credit so classified have well-defined weaknesses which may jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Loss potential, while existing in the aggregate amount of substandard loans, does not have to exist in individual extensions of credit classified as "Substandard." As a result, the Company’s methodology includes an evaluation of certain accruing commercial real estate, acquisition and development and commercial and industrial loans rated “Substandard” to be collectively evaluated for impairment as opposed to evaluating these loans individually for impairment. Although we believe these loans have well defined weaknesses and meet the definition of “Substandard,” they are generally performing and management has concluded that it is likely it will be able to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. Larger groups of smaller balance homogeneous loans are collectively evaluated for impairment. Generally, the Bank does not separately identify individual consumer and residential loans for impairment disclosures, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. The following table summarizes impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of September 30, 2016 and December 31, 2015 . The recorded investment in loans excludes accrued interest receivable due to insignificance. Related allowances established generally pertain to those loans in which loan forbearance agreements were in the process of being negotiated or updated appraisals were pending, and the partial charge-off will be recorded when final information is received. Impaired Loans with a Specific Allowance Impaired Loans with No Specific Allowance (Dollars in thousands) Recorded Investment (Book Balance) Unpaid Principal Balance (Legal Balance) Related Allowance Recorded Investment (Book Balance) Unpaid Principal Balance (Legal Balance) September 30, 2016 Commercial real estate: Owner-occupied $ 0 $ 0 $ 0 $ 1,479 $ 2,673 Non-owner occupied 6,095 6,428 650 808 1,405 Multi-family 0 0 0 207 372 Non-owner occupied residential 0 0 0 507 755 Acquisition and development: Commercial and land development 0 0 0 2 17 Commercial and industrial 224 227 158 339 392 Residential mortgage: First lien 781 781 64 3,578 4,261 Home equity - term 0 0 0 94 104 Home equity - lines of credit 0 0 0 330 432 Installment and other loans 2 3 2 7 34 $ 7,102 $ 7,439 $ 874 $ 7,351 $ 10,445 December 31, 2015 Commercial real estate: Owner-occupied $ 0 $ 0 $ 0 $ 2,109 $ 3,344 Non-owner occupied 0 0 0 7,856 8,600 Multi-family 0 0 0 233 385 Non-owner occupied residential 0 0 0 895 1,211 Acquisition and development: Commercial and land development 0 0 0 5 19 Commercial and industrial 0 0 0 734 780 Residential mortgage: First lien 1,952 1,984 271 2,856 3,369 Home equity - term 0 0 0 103 110 Home equity - lines of credit 22 23 10 568 688 Installment and other loans 8 9 8 9 35 $ 1,982 $ 2,016 $ 289 $ 15,368 $ 18,541 The following tables summarize the average recorded investment in impaired loans and related interest income recognized on loans deemed impaired, generally on a cash basis, for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended September 30, 2016 2015 (Dollars in thousands) Average Impaired Balance Interest Income Recognized Average Impaired Balance Interest Income Recognized Commercial real estate: Owner-occupied $ 1,650 $ 0 $ 2,336 $ 0 Non-owner occupied 6,979 0 2,900 0 Multi-family 212 0 369 0 Non-owner occupied residential 525 0 866 0 Acquisition and development: Commercial and land development 2 0 224 132 Commercial and industrial 494 0 797 0 Residential mortgage: First lien 4,366 8 4,280 15 Home equity - term 95 0 174 0 Home equity - lines of credit 334 0 599 0 Installment and other loans 10 0 20 0 $ 14,667 $ 8 $ 12,565 $ 147 Nine Months Ended September 30, 2016 2015 (Dollars in thousands) Average Impaired Balance Interest Income Recognized Average Impaired Balance Interest Income Recognized Commercial real estate: Owner-occupied $ 1,891 $ 0 $ 2,749 $ 0 Non-owner occupied 7,334 0 2,120 0 Multi-family 221 0 452 0 Non-owner occupied residential 700 0 1,055 0 Acquisition and development: Commercial and land development 3 0 313 137 Commercial and industrial 577 0 1,346 0 Residential mortgage: First lien 4,587 25 4,771 33 Home equity - term 98 0 139 0 Home equity - lines of credit 474 0 562 0 Installment and other loans 14 0 23 0 $ 15,899 $ 25 $ 13,530 $ 170 The following table presents impaired loans that are TDRs, with the recorded investment as of September 30, 2016 and December 31, 2015 . September 30, 2016 December 31, 2015 (Dollars in thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Accruing: Residential mortgage: First lien 8 $ 901 8 $ 793 8 901 8 793 Nonaccruing: Commercial real estate: Non-owner occupied 1 6,095 0 0 Residential mortgage: First lien 12 1,057 12 1,153 Installment and other loans 1 7 1 10 14 7,159 13 1,163 22 $ 8,060 21 $ 1,956 The loans presented above were considered TDRs as the result of the Company agreeing to below market interest rates for the risk of the transaction, allowing the loan to remain on interest-only status, or agreeing to a reduction in interest rates, in order to give the borrowers an opportunity to improve their cash flows. For TDRs in default of their original terms, impairment is generally determined on a collateral-dependent approach, except for accruing residential mortgage TDRs, which are generally on the discounted cash flow approach. The following table presents the number of loans modified, and their pre-modification and post-modification investment balances for the three and nine months ended September 30, 2016 and 2015 : 2016 2015 (Dollars in thousands) Number of Contracts Pre- Modification Recorded Investment Post Modification Recorded Investment Number of Contracts Pre- Modification Recorded Investment Post Modification Recorded Investment Three Months Ended September 30, Commercial real estate: Non-owner occupied 1 $ 6,095 $ 6,095 0 $ 0 $ 0 1 $ 6,095 $ 6,095 0 $ 0 $ 0 Nine Months Ended September 30, Commercial real estate: Non-owner occupied 1 $ 6,095 $ 6,095 0 $ 0 $ 0 Residential mortgage: First lien 1 257 257 1 59 0 2 $ 6,352 $ 6,352 1 $ 59 $ 0 Certain loans modified during a period may no longer be outstanding at the end of the period if the loan was paid off. The following table presents restructured loans, included in nonaccrual loans, that were modified as TDRs within the previous 12 months and for which there was a payment default during the three and nine months ended September 30, 2016 and 2015 : 2016 2015 (Dollars in thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Three Months Ended September 30, Residential mortgage: First lien 0 $ 0 0 $ 0 0 $ 0 0 $ 0 Nine Months Ended September 30, Residential mortgage: First lien 0 $ 0 4 $ 308 0 $ 0 4 $ 308 No additional commitments have been made to borrowers whose loans are considered TDRs. Management further monitors the performance and credit quality of the loan portfolio by analyzing the average length of time a portfolio is past due, by aggregating loans based on their delinquencies. The following table presents the classes of the loan portfolio summarized by aging categories of performing loans and nonaccrual loans as of September 30, 2016 and December 31, 2015 : Days Past Due (Dollars in thousands) Current 30-59 60-89 90+ (still accruing) Total Past Due Non- Accrual Total Loans September 30, 2016 Commercial real estate: Owner-occupied $ 109,958 $ 0 $ 0 $ 0 $ 0 $ 1,479 $ 111,437 Non-owner occupied 185,546 0 0 0 0 6,903 192,449 Multi-family 39,187 0 0 0 0 207 39,394 Non-owner occupied residential 56,252 0 0 0 0 507 56,759 Acquisition and development: 1-4 family residential construction 6,379 0 0 0 0 0 6,379 Commercial and land development 28,028 0 0 0 0 2 28,030 Commercial and industrial 86,828 100 0 0 100 564 87,492 Municipal 54,241 0 0 0 0 0 54,241 Residential mortgage: First lien 130,243 345 453 0 798 3,457 134,498 Home equity - term 14,772 21 9 0 30 94 14,896 Home equity - lines of credit 113,448 382 75 39 496 330 114,274 Installment and other loans 7,187 7 9 0 16 9 7,212 $ 832,069 $ 855 $ 546 $ 39 $ 1,440 $ 13,552 $ 847,061 December 31, 2015 Commercial real estate: Owner-occupied $ 101,395 $ 74 $ 0 $ 0 $ 74 $ 2,109 $ 103,578 Non-owner occupied 137,545 0 0 0 0 7,856 145,401 Multi-family 34,876 0 0 0 0 233 35,109 Non-owner occupied residential 53,280 0 0 0 0 895 54,175 Acquisition and development: 1-4 family residential construction 9,364 0 0 0 0 0 9,364 Commercial and land development 41,236 0 98 0 98 5 41,339 Commercial and industrial 72,846 24 21 0 45 734 73,625 Municipal 57,511 0 0 0 0 0 57,511 Residential mortgage: First lien 120,119 1,844 44 0 1,888 4,015 126,022 Home equity - term 17,200 34 0 0 34 103 17,337 Home equity - lines of credit 109,740 286 91 24 401 590 110,731 Installment and other loans 7,488 16 0 0 16 17 7,521 $ 762,600 $ 2,278 $ 254 $ 24 $ 2,556 $ 16,557 $ 781,713 The Company maintains the allowance for loan losses at a level believed to be adequate by management for probable incurred credit losses. The allowance is established and maintained through a provision for loan losses charged to earnings. Quarterly, management assesses the adequacy of the allowance for loan losses utilizing a defined methodology, which considers specific credit evaluation of impaired loans as discussed above, past loan loss historical experience, and qualitative factors. Management believes the approach properly addresses the requirements of ASC Subtopic 310-10-35 for loans individually identified as impaired, and ASC Subtopic 450-20 for loans collectively evaluated for impairment, and other bank regulatory guidance. In connection with its quarterly evaluation of the adequacy of the allowance for loan losses, management continually reviews its methodology to determine if it continues to properly address the risk in the loan portfolio. For each loan class presented above, general allowances are provided for loans that are collectively evaluated for impairment, which are based on quantitative factors, principally historical loss trends for the respective loan class, adjusted for qualitative factors. In addition, an adjustment to the historical loss factors is made to account for delinquency and other potential risk not elsewhere defined within the Allowance for Loan and Lease Loss methodology. Prior to December 31, 2015, the look back period for historical losses was 12 quarters, weighted one-half for the most recent four quarters, and one-quarter for each of the two previous four quarter periods in order to appropriately capture the loss history in the loan segment. Effective December 31, 2015, the Company extended the look back period to 16 quarters which will increase to 20 quarters through December 31, 2016. The extended period was on a prospective basis, more heavily weighted to the most recent four quarters. The look back period was extended as it was determined that a longer look back period is more consistent with the duration of an economic cycle. Management considers current economic, business, and real estate conditions, and the trends in historical charge-off percentages that resulted from applying partial charge-offs to impaired loans, and the impact of distressed loan sales during the year in determining the look back period. In addition to the quantitative analysis, adjustments to the reserve requirements are allocated on loans collectively evaluated for impairment based on additional qualitative factors. As of September 30, 2016 and December 31, 2015 , the qualitative factors used by management to adjust the historical loss percentage to the allocation, which may range from a minus 150 basis points to a positive 150 basis points per factor, include: Nature and Volume of Loans – Loan growth in the current and subsequent quarters based on the Bank’s targeted growth and strategic plan, coupled with the types of loans booked based on risk management and credit culture, and the number of exceptions to loan policy, and supervisory loan to value exceptions, etc. Concentrations of Credit and Changes within Credit Concentrations – Factors considered include the composition of the Bank’s overall portfolio and management’s evaluation related to concentration risk management and the inherent risk associated with the concentrations identified. Underwriting Standards and Recovery Practices – Factors considered include changes to underwriting standards and perceived impact on anticipated losses, trends in the number of exceptions to loan policy; supervisory loan to value exceptions; and administration of loan recovery practices. Delinquency Trends – Factors considered include the delinquency percentages noted in the portfolio relative to economic conditions, severity of the delinquencies, and whether the ratios are trending upwards or downwards. Classified Loans Trends – Factors considered include the internal loan ratings of the portfolio, the severity of the ratings, and whether the loan segment’s ratings show a more favorable or less favorable trend, and underlying market conditions and their impact on the collateral values securing the loans. Experience, Ability and Depth of Management/Lending staff – Factors considered include the years of experience of senior and middle management and the lending staff and turnover of the staff, and instances of repeat criticisms of ratings. Quality of Loan Review – Factors include the years of experience of the loan review staff, in-house versus outsourced provider of review, turnover of staff and the perceived quality of their work in relation to other external information. National and Local Economic Conditions – Ratios and factors considered include trends in the consumer price index (CPI), unemployment rates, housing price index, housing statistics compared to the prior year, bankruptcy rates, regulatory and legal environment risks and competition Activity in the allowance for loan losses for the three months ended September 30, 2016 and 2015 was as follows: Commercial Consumer (Dollars in thousands) Commercial Real Estate Acquisition and Development Commercial and Industrial Municipal Total Residential Mortgage Installment and Other Total Unallocated Total September 30, 2016 Balance, beginning of period $ 8,133 $ 587 $ 1,148 $ 61 $ 9,929 $ 2,706 $ 180 $ 2,886 $ 625 $ 13,440 Provision for loan losses 215 89 76 (7 ) 373 (119 ) (3 ) (122 ) (1 ) 250 Charge-offs 0 0 0 0 0 (57 ) (47 ) (104 ) 0 (104 ) Recoveries 124 0 2 0 126 96 42 138 0 264 Balance, end of period $ 8,472 $ 676 $ 1,226 $ 54 $ 10,428 $ 2,626 $ 172 $ 2,798 $ 624 $ 13,850 September 30, 2015 Balance, b

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company files income tax returns in the U.S. federal jurisdiction and the Commonwealth of Pennsylvania. The Bank also files an income tax return in the State of Maryland. The Company is no longer subject to U.S. federal, state or local income tax examination by tax authorities for years before 2013 . The components of income tax expense for the three and nine months ended September 30, 2016 and 2015 are summarized as follows: Three months ended September 30, Nine months ended September 30, (Dollars in thousands) 2016 2015 2016 2015 Current year provision (benefit): Federal $ 1,066 $ (104 ) $ 1,192 $ (63 ) State 8 (1 ) 5 7 1,074 (105 ) 1,197 (56 ) Deferred tax expense (benefit): Federal (948 ) 561 (216 ) 1,538 State (1 ) 6 10 16 (949 ) 567 (206 ) 1,554 Net income tax expense $ 125 $ 462 $ 991 $ 1,498 The provision for income taxes includes zero and $10,000 of applicable income tax expense related to net security gains for the three months ended September 30, 2016 and 2015 . The provision for income taxes includes $483,000 and $669,000 of applicable income tax expense related to net securities gains for the nine months ended September 30, 2016 and 2015 . In the third quarter of 2016, the Company reassessed its estimated annual effective tax rate and changed the federal statutory rate from 35% to 34% , effective January 1, 2016, to reflect management's assessment that it will not be in the higher tax bracket. As a result, income tax expense reported for the first nine months was adjusted to reflect the change in tax rates and resulted in an increase in deferred income tax expense of $176,000 , which was charged to the third quarter. This amount is comprised of $235,000 of additional income tax for the six months ended June 30, 2016 and $59,000 benefit for the three months ended September 30, 2016 from the application of the new rate to existing deferred balances. The components of the net deferred tax asset, included in other assets, are as follows: (Dollars in thousands) September 30, December 31, Deferred tax assets: Allowance for loan losses $ 5,059 $ 5,111 Deferred compensation 532 547 Retirement plans and salary continuation 1,904 1,824 Share-based compensation 521 343 Off balance sheet reserves 301 218 Nonaccrual loan interest 415 246 Goodwill 99 124 Bonus accrual 127 359 Low income housing credit carryforward 1,900 1,652 Alternative minimum tax credit carryforward 3,648 2,195 Charitable contribution carryforward 50 211 Net operating loss carryforward 2,591 4,431 Other 420 182 Total deferred tax assets 17,567 17,443 Deferred tax liabilities: Depreciation 719 815 Net unrealized gains on securities available for sale 2,646 646 Mortgage servicing rights 704 669 Purchase accounting adjustments 320 352 Other 192 181 Total deferred tax liabilities 4,581 2,663 Net deferred tax asset $ 12,986 $ 14,780 The provision for income taxes differs from that computed by applying statutory rates to income before income taxes primarily due to the effects of tax-exempt income, non-deductible expenses and tax credits. As of September 30, 2016 , the Company had charitable contribution, low-income housing, and net operating loss carryforwards that expire through 2019 , 2036 and 2032 , respectively. In assessing whether or not some or all of our deferred tax asset is more likely than not to be realized in the future, management considers all positive and negative evidence, including projected future taxable income, tax planning strategies and recent financial operating results. The ultimate realization of deferred tax assets is dependent upon existence, or generation, of taxable income in the periods when those temporary differences and net operating loss and credit carryforwards are deductible. Management considered projected future taxable income, length of time needed for carryforwards to reverse, available tax planning strategies, and other factors in making its assessment that it was more likely than not the net deferred tax assets would be realized, and that no valuation allowance was required at September 30, 2016 or December 31, 2015 .

SHARE-BASED COMPENSATION PLANS

SHARE-BASED COMPENSATION PLANS	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION PLANS	SHARE-BASED COMPENSATION PLANS The Company maintains share-based compensation plans, the purpose of which are to provide officers, employees, and non-employee members of the Board of Directors of the Company and the Bank, with additional incentive to further the success of the Company. In May 2011, the shareholders of the Company approved the 2011 Orrstown Financial Services, Inc. Incentive Stock Plan (the “Plan”). Under the Plan, 381,920 shares of the common stock of the Company were reserved to be issued. As of September 30, 2016 , 132,945 shares were available to be issued under the Plan. Incentive awards under the Plan may consist of grants of incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, deferred stock units and performance shares. All employees of the Company and its present or future subsidiaries, and members of the Board of Directors of the Company or any subsidiary of the Company, are eligible to participate in the Plan. The Plan allows for the Compensation Committee of the Board of Directors to determine the type of incentive to be awarded, its term, manner of exercise, vesting of awards and restrictions on shares. Generally, awards are nonqualified under the IRS code, unless the awards are deemed to be incentive awards to employees, at the Compensation Committee’s discretion. A roll forward of the Company’s nonvested restricted shares for the nine months ended September 30, 2016 is presented below: Shares Weighted Average Grant Date Fair Value Nonvested shares, beginning of year 197,381 $ 16.17 Granted 50,045 18.12 Forfeited (3,583 ) 16.91 Vested (12,500 ) 15.97 Nonvested shares, at period end 231,343 $ 16.59 For the three months ended September 30, 2016 and 2015 , $266,000 and $229,000 was recognized as expense on the restricted stock awards, with tax benefits recorded of $85,000 and $80,000 for the respective periods. For the nine months ended September 30, 2016 and 2015 , $762,000 and $525,000 was recognized as expense on the restricted stock awards, with tax benefits recorded of $259,000 and $184,000 for the respective periods. As of September 30, 2016 and December 31, 2015 , the unrecognized compensation expense related to the stock awards were $2,321,000 and $2,293,000 . The unrecognized compensation expense at September 30, 2016 is expected to be recognized over a weighted-average period of 2.6 years . The intrinsic value of restricted share awards that vested during the period totaled $237,000 for the nine months ended September 30, 2016 . A roll forward of the Company’s outstanding stock options for the nine months ended September 30, 2016 is presented below: Shares Weighted Average Exercise Price Outstanding at beginning of year 101,460 $ 28.72 Forfeited (2,725 ) 25.78 Expired (18,265 ) 35.11 Options outstanding and exercisable, at period end 80,470 $ 27.36 The exercise price of each option equals the market price of the Company’s stock on the date of grant and an option’s maximum term is ten years . All options are fully vested upon issuance. Information pertaining to options outstanding and exercisable at September 30, 2016 is as follows: Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $21.14 - $24.99 35,099 3.66 $ 21.47 $25.00 - $29.99 2,792 3.50 25.76 $30.00 - $34.99 35,231 1.18 31.34 $35.00 - $37.59 7,348 2.81 37.08 $21.14 - $37.59 80,470 2.49 $ 27.36 The options outstanding and exercisable had no intrinsic value at September 30, 2016 and December 31, 2015 as each exercise price exceeded the market value. The Company also maintains an employee stock purchase plan, in order to provide employees of the Company and its subsidiaries an opportunity to purchase stock of the Company. Under the employee stock purchase plan, eligible employees may purchase shares in an amount that does not exceed 10% of their annual salary, up to the IRS limit, at the lower of 95% of the fair market value of the shares on the semi-annual offering date, or related purchase date. The Company reserved 350,000 shares of its common stock, after making adjustments for stock dividends and a stock split, to be issued under the employee stock purchase plan. As of September 30, 2016 , 186,004 shares were available to be issued under the employee stock purchase plan. Employees purchased 3,873 and 3,341 shares at a weighted average price of $16.68 and $15.91 for the three months ended September 30, 2016 and 2015 . For the nine months ended September 30, 2016 and 2015 , employees purchased 6,334 and 6,305 shares at a weighted average price of $16.64 and $15.83 . Compensation expense recognized on the employee stock purchase plan totaled $14,000 and $5,000 for the three months ended September 30, 2016 and 2015 . For the nine months ended September 30, 2016 and 2015 , compensation expense recognized on the employee stock purchase plan totaled $17,000 and $8,000 . The Company uses a combination of issuing new shares or treasury shares to meet stock compensation exercises depending on market conditions.

SHAREHOLDERS_ EQUITY AND REGULA

SHAREHOLDERS’ EQUITY AND REGULATORY CAPITAL	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
SHAREHOLDERS’ EQUITY AND REGULATORY CAPITAL	SHAREHOLDERS’ EQUITY AND REGULATORY CAPITAL On January 19, 2016, the Company filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (the "Commission") that provides for up to an aggregate of $100,000,000 , through the sale of common stock, preferred stock, warrants, debt securities, and units. To date, the Company has not issued any securities under this shelf registration. The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific guidelines that involve quantitative measures of 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. Although applicable to the Bank, prompt corrective action provisions are not applicable to bank holding companies, including financial holding companies. Quantitative measures established by regulators to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (as set forth in the following table) of total and Tier 1 capital (as defined in regulations) to risk-weighted assets (as defined), common equity Tier 1 capital (as defined) to risk weighted assets, and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of September 30, 2016 and December 31, 2015 , the Company and the Bank meet all capital adequacy requirements to which they are subject. Effective January 1, 2015, the Company and Bank became subject to final rules establishing a new comprehensive capital framework for U.S. banking organizations, including community banks (the "Basel III Capital Rules"), which substantially revised the risk-based capital requirements in comparison to the previously existing U.S. risk-based capital rules. The Basel III Capital Rules, among other things, (i) introduced a new capital measure called “Common Equity Tier 1” (“CET1”), (ii) increased the minimum requirements for Tier 1 Capital ratio as well as the minimum levels to be considered well capitalized under prompt corrective action; (iii) and introduced the "capital conservation buffer”, designed to absorb losses during periods of economic stress. Institutions with a ratio of CET1 to risk-weighted assets above the minimum but below the conservation buffer are subject to constraints on dividends, equity repurchases and discretionary bonuses to executive officers based on the amount of the shortfall. The implementation of the capital conservation buffer began on January 1, 2016 at the 0.625% level and will be phased in over a four-year period (increasing by that amount on each subsequent January 1, until it reaches 2.5% on January 1, 2019). As of September 30, 2016 , the most recent notification from the Federal Deposit Insurance Corporation categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, Common Equity Tier 1, and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since the notification that management believes have changed the Bank’s category. The Company and the Bank’s actual capital ratios as of September 30, 2016 and December 31, 2015 , are also presented in the table. Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio September 30, 2016 Total capital to risk weighted assets Orrstown Financial Services, Inc. $ 138,574 14.9 % $ 74,381 8.0 % n/a n/a Orrstown Bank 124,299 13.4 % 74,322 8.0 % $ 92,902 10.0 % Tier 1 capital to risk weighted assets Orrstown Financial Services, Inc. 126,876 13.7 % 55,786 6.0 % n/a n/a Orrstown Bank 112,610 12.1 % 55,741 6.0 % 74,322 8.0 % CET1 to risk weighted assets Orrstown Financial Services, Inc. 126,876 13.7 % 41,839 4.5 % n/a n/a Orrstown Bank 112,610 12.1 % 41,806 4.5 % 60,386 6.5 % Tier 1 capital to average assets Orrstown Financial Services, Inc. 126,876 9.6 % 52,847 4.0 % n/a n/a Orrstown Bank 112,610 8.5 % 52,851 4.0 % 66,064 5.0 % December 31, 2015 Total capital to risk weighted assets Orrstown Financial Services, Inc. $ 134,562 15.8 % $ 68,078 8.0 % n/a n/a Orrstown Bank 118,671 14.0 % 68,027 8.0 % $ 85,034 10.0 % Tier 1 capital to risk weighted assets Orrstown Financial Services, Inc. 123,825 14.6 % 51,058 6.0 % n/a n/a Orrstown Bank 107,942 12.7 % 51,021 6.0 % 68,027 8.0 % CET1 to risk weighted assets Orrstown Financial Services, Inc. 123,825 14.6 % 38,294 4.5 % n/a n/a Orrstown Bank 107,942 12.7 % 38,265 4.5 % 55,272 6.5 % Tier 1 capital to average assets Orrstown Financial Services, Inc. 123,825 9.8 % 50,684 4.0 % n/a n/a Orrstown Bank 107,942 8.5 % 50,695 4.0 % 63,368 5.0 % On September 14, 2015, the Board of Directors of the Company authorized a stock repurchase program under which the Company may repurchase up to 5% of the Company's outstanding shares of common stock, or approximately 416,000 shares, in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The extent to which the Company repurchases its shares, and the timing of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by management. Purchases may be made from time to time on open market or privately negotiated transactions. The repurchase program may be suspended or discontinued at any time. As of September 30, 2016 , 82,725 shares had been repurchased under the program at a total cost of $1,438,000 , or $17.38 per share.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Earnings per share for the three and nine months ended September 30, 2016 and 2015 were as follows: Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands, except per share data) 2016 2015 2016 2015 Net income $ 1,442 $ 2,461 $ 4,700 $ 6,425 Weighted average shares outstanding (basic) 8,056 8,119 8,060 8,115 Impact of common stock equivalents 93 38 82 28 Weighted average shares outstanding (diluted) 8,149 8,157 8,142 8,143 Per share information: Basic earnings per share $ 0.18 $ 0.30 $ 0.58 $ 0.79 Diluted earnings per share 0.18 0.30 0.58 0.79 Stock options amounting to 81,000 and 102,000 shares of common stock were not considered in computing diluted earnings per share for the three months ended September 30, 2016 and 2015 as their exercise would have been antidilutive as the exercise price exceeded the average market value. Stock options amounting to 93,000 and 112,000 shares of common stock were not considered in computing diluted earnings per share for the nine months ended September 30, 2016 and 2015 as their exercise would have been antidilutive as the exercise price exceeded the average market value.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK	FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK The Company 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. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheets. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit and financial guarantees written is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Contract or Notional Amount (Dollars in thousands) September 30, 2016 December 31, 2015 Commitments to fund: Revolving, open ended home equity loans $ 122,959 $ 110,473 1-4 family residential construction loans 10,624 6,153 Commercial real estate, construction and land development loans 44,765 14,174 Commercial, industrial and other loans 122,136 84,480 Standby letters of credit 7,865 6,510 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s credit-worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the customer. Collateral held varies but may include accounts receivable, inventory, equipment, residential real estate, and income-producing commercial properties. Standby letters of credit and financial guarantees written are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. The Company holds collateral supporting those commitments when deemed necessary by management. The current amount of liability, as of September 30, 2016 and December 31, 2015 , for guarantees under standby letters of credit issued was not material. The Company currently maintains a reserve in other liabilities totaling $862,000 and $472,000 at September 30, 2016 and December 31, 2015 for off-balance sheet credit exposures that currently are not funded, based on historical loss experience of the related loan class. For the three months ended September 30, 2016 and 2015 , $91,000 and $(45,000) was expensed (recovered) through noninterest expense for this exposure and for the nine months ended September 30, 2016 and 2015 , the amount expensed (recovered) was $390,000 and $(30,000) . The Company has sold loans to the Federal Home Loan Bank of Chicago as part of its Mortgage Partnership Finance Program (“MPF Program”). Under the terms of the MPF Program, there is limited recourse back to the Company for loans that do not perform in accordance with the terms of the loan agreement. Each loan that is sold under the program is “credit enhanced” such that the individual loan’s rating is raised to “AA,” as determined by the Federal Home Loan Bank of Chicago. The sum of total loans sold under the MPF Program with limited recourse was $38,538,000 and $44,124,000 at September 30, 2016 and December 31, 2015 , with limited recourse back to the Company on these loans of $8,199,000 and $8,230,000 at these dates. Many of the loans sold under the MPF Program have primary mortgage insurance, which reduces the Company’s overall exposure. The Company is in the process of foreclosing on loans sold under the MPF Program or recovering amounts previously charged off, with a resulting net charge (recovery) of $0 and $(32,000) for the three months ended September 30, 2016 and 2015 , and of $(112,000) and $127,000 for the nine months ended September 30, 2016 and 2015 . These amounts, charged to other expenses represent an estimate of the Company’s loss under its recourse exposure.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	FAIR VALUE DISCLOSURES The Company meets the requirements for disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Certain financial instruments and all non-financial instruments are excluded from disclosure requirements. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. Fair value measurements under GAAP describes a framework for measuring fair value and requires disclosures about fair value measurements by establishing a three-level hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to valuation techniques that employ unobservable inputs (Level 3). If the inputs used to measure the assets or liabilities fall within different levels of the hierarchy, the classification is based on the lowest level input that is significant to the fair value measurement of the asset or liability. Classification of assets and liabilities within the hierarchy considers the markets in which the assets and liabilities are traded and the reliability and transparency of the assumptions used to determine fair value. The three levels are defined as follows: Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar instruments in markets that are not active or by model-based techniques in which all significant inputs are observable in the market for the asset or liability, for substantially the full term of the financial instrument. Level 3 – the valuation methodology is derived from model-based techniques in which at least one significant input is unobservable to the fair value measurement and based on the Company’s own assumptions about market participants’ assumptions. Following is a description of the valuation methodologies used for instruments measured on a recurring basis at estimated fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy: Securities Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would include highly liquid government bonds, mortgage products and exchange traded equities. If quoted market prices are not available, securities are classified within Level 2 and fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flow. Level 2 securities would include U.S. agency securities, mortgage-backed agency securities, obligations of states and political subdivisions and certain corporate, asset backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. All of the Company’s securities are classified as available for sale. The Company had no fair value liabilities measured on a recurring basis at September 30, 2016 and December 31, 2015 . A summary of assets at September 30, 2016 and December 31, 2015 , measured at estimated fair value on a recurring basis was as follows: (Dollars in Thousands) Level 1 Level 2 Level 3 Total Fair Value Measurements September 30, 2016 Securities available for sale: U.S. Government Agencies $ 0 $ 41,869 $ 0 $ 41,869 States and political subdivisions 0 130,399 0 130,399 U.S. Government Sponsored enterprises (GSE) residential mortgage-backed securities 0 123,881 0 123,881 GSE residential collateralized mortgage obligations (CMOs) 0 72,698 0 72,698 Private label CMOs 0 5,977 0 5,977 Total debt securities 0 374,824 0 374,824 Equity securities 0 78 0 78 Total securities $ 0 $ 374,902 $ 0 $ 374,902 December 31, 2015 Securities available for sale: U.S. Government Agencies $ 0 $ 47,227 $ 0 $ 47,227 States and political subdivisions 0 125,961 0 125,961 GSE residential mortgage-backed securities 0 132,349 0 132,349 GSE residential collateralized mortgage obligations (CMOs) 0 15,843 0 15,843 GSE commercial CMOs 0 63,770 0 63,770 Private label CMOs 0 8,901 0 8,901 Total debt securities 0 394,051 0 394,051 Equity securities 0 73 0 73 Total securities $ 0 $ 394,124 $ 0 $ 394,124 Certain financial assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain financial assets recorded at fair value on a nonrecurring basis in the financial statements: Impaired Loans The measurement of loss associated with impaired loans can be based on either the observable market price of the loan or the fair value of the collateral, or discounted cash flows based on a market rate of interest for performing TDRs. For collateral dependent loans, fair value is measured based on the value of the collateral securing the loan, less estimated costs to sell. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The value of the real estate collateral is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company using observable market data (Level 2). However, if the collateral is a house or building in the process of construction, or if management adjusts the appraisal value, then the fair value is considered Level 3. The value of business equipment is based upon an outside appraisal, if deemed significant, or the net book value on the applicable business’ financial statements if not considered significant using observable market data. Likewise, values for inventory and accounts receivable collateral are based on financial statement balances or aging reports (Level 3). Impaired loans with an allocation to the allowance for loan losses are measured at fair value on a nonrecurring basis. Any fair value adjustments are recorded in the period incurred as provision for loan losses on the consolidated statements of income. Specific allocations to the allowance for loan losses or partial charge-offs were $2,695,000 and $2,246,000 at September 30, 2016 and December 31, 2015 . Changes in the fair value of impaired loans for those still held at September 30, considered in the determination as to the provision for loan losses, totaled $684,000 and $75,000 for the three months ended September 30, 2016 and 2015 , and $815,000 and $766,000 for the nine months ended September 30, 2016 and 2015 . Foreclosed Real Estate Other real estate property acquired through foreclosure is initially recorded at the fair value of the property at the transfer date less estimated selling cost. Subsequently, other real estate owned is carried at the lower of its carrying value or the fair value less estimated selling cost. Fair value is usually determined based upon an independent third-party appraisal of the property or occasionally upon a recent sales offer. Specific charges to value the real estate owned at the lower of cost or fair value on properties held at September 30, 2016 and December 31, 2015 were $204,000 and $129,000 . Changes in the fair value of foreclosed real estate for those still held at September 30, charged to real estate expenses, totaled $42,000 and $21,000 for the three months ended September 30, 2016 and 2015 , and totaled $109,000 and $21,000 for the nine months ended September 30, 2016 and 2015 . Mortgage Servicing Rights The fair value of mortgage servicing rights is estimated to be equal to its carrying value, unless the quarterly valuation model calculates the present value of the estimated net servicing income is less than its carrying value, in which case a lower of cost or fair value charge is taken. As of September 30, 2016 and December 31, 2015, a $139,000 and $0 lower of cost or fair value reserve existed on the mortgage servicing right portfolio. For the three and nine months ended September 30, 2016, impairment charges of $128,000 and $139,000 were recorded. The following table presents additional qualitative information about assets measured on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: (Dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range September 30, 2016 Impaired loans $ 9,841 Appraisal of Management adjustments on appraisals for property type and recent activity 0% - 68% discount Management adjustments for liquidation expenses 0% - 41% discount Foreclosed real estate 149 Appraisal of Management adjustments on appraisals for property type and recent activity 15% - 100% discount Management adjustments for liquidation expenses 3% - 6% discount Mortgage servicing rights 2,532 Discounted cash flows Weighted average CPR 12.80% Discount rate 9.55% December 31, 2015 Impaired loans $ 4,757 Appraisal of Management adjustments on appraisals for property type and recent activity 0% - 70% discount Management adjustments for liquidation expenses 6% - 44% discount Foreclosed real estate 175 Appraisal of Management adjustments on appraisals for property type and recent activity 10% - 20% discount Management adjustments for liquidation expenses 5% - 6% discount A summary of assets at September 30, 2016 and December 31, 2015 , measured at estimated fair value on a nonrecurring basis was as follows: (Dollars in thousands) Level 1 Level 2 Level 3 Total Fair Value Measurements September 30, 2016 Impaired Loans Commercial real estate: Owner-occupied $ 0 $ 0 $ 823 $ 823 Non-owner occupied 0 0 6,181 6,181 Multi-family 0 0 207 207 Non-owner occupied residential 0 0 425 425 Acquisition and development: Commercial and land development 0 0 2 2 Commercial and industrial 0 0 66 66 Residential mortgage: First lien 0 0 1,980 1,980 Home equity - lines of credit 0 0 150 150 Installment and other loans 0 0 7 7 Impaired loans, net $ 0 $ 0 $ 9,841 $ 9,841 Foreclosed real estate Residential $ 0 $ 0 $ 127 $ 127 Commercial and land development 0 0 22 22 Total foreclosed real estate $ 0 $ 0 $ 149 $ 149 Mortgage servicing rights $ 0 $ 2,532 $ 0 $ 2,532 December 31, 2015 Impaired Loans Commercial real estate: Owner-occupied $ 0 $ 0 $ 881 $ 881 Non-owner occupied 0 0 736 736 Multi-family 0 0 233 233 Non-owner occupied residential 0 0 570 570 Acquisition and development: Commercial and land development 0 0 5 5 Residential mortgage: First lien 0 0 2,094 2,094 Home equity - lines of credit 0 0 229 229 Installment and other loans 0 0 9 9 Impaired loans, net $ 0 $ 0 $ 4,757 $ 4,757 Foreclosed real estate Residential $ 0 $ 0 $ 101 $ 101 Commercial and land development 0 0 74 74 Total foreclosed real estate $ 0 $ 0 $ 175 $ 175 Fair values of financial instruments In addition to those disclosed above, the following methods and assumptions were used by the Company in estimating fair values of financial instruments as disclosed herein: Cash and Due from Banks and Interest Bearing Deposits with Banks The carrying amounts of cash and due from banks and interest bearing deposits with banks approximate their fair value. Loans Held for Sale Loans held for sale are carried at the lower of cost or fair value. These loans typically consist of one-to-four family residential loans originated for sale in the secondary market. Fair value is based on the price secondary markets are currently offering for similar loans using observable market data which is not materially different than cost due to the short duration between origination and sale. Loans Receivable For variable-rate loans that reprice frequently and have no significant change in credit risk, fair values are based on carrying values. Fair values for fixed rate loans are estimated using discounted cash flow analyses, using interest rates currently being offered in the market for loans with similar terms to borrowers of similar credit quality. Restricted Investment in Bank Stock These investments are carried at cost. The Company is required to maintain minimum investment balances in these stocks, which are not actively traded and therefore have no readily determinable market value. Deposits The fair values disclosed for demand deposits are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The carrying amounts of variable-rate, fixed-term money market accounts and certificates of deposit approximate their fair values at the reporting date. Fair values for fixed-rate certificates of deposits and IRAs are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market to a schedule of aggregated expected maturities on time deposits. Short-Term Borrowings The carrying amounts of federal funds purchased, borrowings under Repurchase Agreements, and other short-term borrowings maturing within 90 days approximate their fair values. Fair values of other short-term borrowings are estimated using discounted cash flow analysis based on the Company’s current borrowing rates for similar types of borrowing arrangements. Long-Term Debt The fair value of the Company’s fixed rate long-term borrowings is estimated using a discounted cash flow analysis based on the Company’s current incremental borrowing rate for similar types of borrowing arrangements. The carrying amounts of variable-rate long-term borrowings approximate their fair values at the reporting date. Accrued Interest The carrying amounts of accrued interest receivable and payable approximate their fair values. Off-Balance-Sheet Instruments The Company generally does not charge commitment fees. Fees for standby letters of credit and other off-balance-sheet instruments are not significant. The estimated fair values of the Company’s financial instruments were as follows at September 30, 2016 and December 31, 2015 : (Dollars in thousands) Carrying Amount Fair Value Level 1 Level 2 Level 3 September 30, 2016 Financial Assets Cash and due from banks $ 17,787 $ 17,787 $ 17,787 $ 0 $ 0 Interest bearing deposits with banks 19,854 19,854 19,854 0 0 Restricted investments in bank stocks 6,615 n/a n/a n/a n/a Securities available for sale 374,902 374,902 0 374,902 0 Loans held for sale 3,956 4,066 0 4,066 0 Loans, net of allowance for loan losses 833,211 847,597 0 0 847,597 Accrued interest receivable 3,690 3,690 0 1,869 1,821 Financial Liabilities Deposits 1,133,332 1,140,146 0 1,140,146 0 Short-term borrowings 42,852 42,852 0 42,852 0 Long-term debt 24,247 25,162 0 25,162 0 Accrued interest payable 350 350 0 350 0 Off-balance sheet instruments 0 0 0 0 0 December 31, 2015 Financial Assets Cash and due from banks $ 11,412 $ 11,412 $ 11,412 $ 0 $ 0 Interest bearing deposits with banks 16,928 16,928 16,928 0 0 Restricted investments in bank stocks 8,720 n/a n/a n/a n/a Securities available for sale 394,124 394,124 0 394,124 0 Loans held for sale 5,917 6,045 0 6,045 0 Loans, net of allowance for loan losses 768,145 776,067 0 0 776,067 Accrued interest receivable 3,845 3,845 0 2,257 1,588 Financial Liabilities Deposits 1,032,167 1,032,265 0 1,032,265 0 Short-term borrowings 89,156 89,156 0 89,156 0 Long-term debt 24,495 25,357 0 25,357 0 Accrued interest payable 366 366 0 366 0 Off-balance sheet instruments 0 0 0 0 0

CONTINGENCIES

CONTINGENCIES	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES The nature of the Company’s business generates a certain amount of litigation involving matters arising out of the ordinary course of business. Except as described below, in the opinion of management, there are no legal proceedings that might have a material effect on the results of operations, liquidity, or the financial position of the Company at this time. The Company, the Bank and certain current and former directors and executive officers (collectively, “Orrstown Defendants”) are defendants in a putative class action filed by Southeastern Pennsylvania Transportation Authority (“SEPTA”) on May 25, 2012, in the United States District Court for the Middle District of Pennsylvania. In a later amended complaint, the list of defendants was expanded to include the Company’s then independent registered public accounting firm and the underwriters of the Company’s March 2010 public offering of common stock. The complaint, as amended, alleges among other things that (i) in connection with the Company’s Registration Statement on Form S-3 dated February 23, 2010 and its Prospectus Supplement dated March 23, 2010, and (ii) during the purported class period of March 15, 2010 through April 5, 2012, the Company issued materially false and misleading statements regarding the Company’s lending practices and financial results, including misleading statements concerning the stringent nature of the Bank’s credit practices and underwriting standards, the quality of its loan portfolio, and the intended use of the proceeds from the Company’s March 2010 public offering of common stock. The complaint asserts claims under Sections 11, 12(a) and 15 of the Securities Act of 1933, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, and seeks class certification, unspecified money damages, interest, costs, fees and equitable or injunctive relief. On June 22, 2015, the Court dismissed without prejudice SEPTA’s amended complaint against all defendants, finding that SEPTA failed to state a claim under either the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. The Court ordered that, within 30 days, SEPTA either seek leave to amend its amended complaint, accompanied by the proposed amendment, or file a notice of its intention to stand on the amended complaint. On July 22, 2015, SEPTA filed a motion for leave to amend under Local Rule 15.1, as allowed by the Court’s ruling on June 22, 2015. Many of the allegations of the proposed second amended complaint are essentially the same or similar to the allegations of the dismissed amended complaint. The proposed second amended complaint also alleges that the Orrstown Defendants did not publicly disclose certain alleged failures of internal controls over loan underwriting, risk management, and financial reporting during the period 2009 to 2012, in violation of the federal securities laws. On February 8, 2016, the Court granted SEPTA’s motion for leave to amend and SEPTA filed its second amended complaint that same day. On February 25, 2016, the Court issued a scheduling Order directing: all defendants to file any motions to dismiss by March 18, 2016; SEPTA to file an omnibus opposition to defendants’ motions to dismiss by April 8, 2016; and all defendants to file reply briefs in support of their motions to dismiss by April 22, 2016. Defendants timely filed their motions to dismiss the second amended complaint and the parties filed their briefs in accordance with the Court-ordered schedule. The February 25, 2016 Order stays all discovery and other deadlines in the case (including the filing of SEPTA’s motion for class certification) pending the outcome of the motions to dismiss. The allegations of SEPTA’s proposed second amended complaint disclosed the existence of a confidential, non-public, fact-finding inquiry regarding the Company being conducted by the Commission. On September 27, 2016, the Company entered into a settlement agreement with the Commission resolving the investigation of accounting and related matters at the Company for the periods ended June 30, 2010, to December 31, 2011. As part of the settlement of the Commission’s administrative proceedings and pursuant to the cease-and-desist order, without admitting or denying the Commission’s findings, the Company, its Chief Executive Officer, its former Chief Financial Officer, its former Executive Vice President and Chief Credit Officer and its Chief Accounting Officer, agreed to pay civil money penalties to the Commission. The Company agreed to pay a civil money penalty of $1,000,000 . The Company had previously established a reserve for that amount which was expensed in the second fiscal quarter of 2016. On September 27, 2016, the Orrstown Defendants filed with the Court a Notice of Subsequent Event in Further Support of their Motion to Dismiss the Second Amended Complaint, regarding the settlement with the Commission. The Notice attached a copy of the Commission’s cease-and-desist order and briefly described what the Company believes are the most salient terms of the neither-admit-nor-deny settlement. On September 29, 2016, SEPTA filed a Response to the Notice, in which SEPTA argued that the settlement with the Commission did not support dismissal of the second amended complaint. The Company believes that the allegations of SEPTA’s second amended complaint are without merit and intends to vigorously defend itself against those claims. Given that the SEPTA litigation is still in the pleading stage, it is not possible at this time to estimate reasonably possible losses, or even a range of reasonably possible losses, in connection with the litigation.

SUMMARY OF SIGNIFICANT ACCOUN19

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations – Orrstown Financial Services, Inc. (the “Company”) is a bank holding company (that has elected status as a financial holding company with the Board of Governors of the Federal Reserve System (the “FRB”)) whose primary activity consists of supervising its wholly-owned subsidiary, Orrstown Bank (the “Bank”). The Company operates through its office in Shippensburg, Pennsylvania. The Bank provides services through its network of 25 offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, and Perry Counties of Pennsylvania and in Washington County, Maryland. The Bank engages in lending services for commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending. Deposit services include checking, savings, time, and money market deposits. The Bank also provides investment and brokerage services through its Orrstown Financial Advisors division. The Company and the Bank are subject to the regulation of certain federal and state agencies and undergo periodic examinations by such regulatory authorities.
Basis of Presentation	Basis of Presentation – The unaudited condensed Consolidated Financial Statements of the Company and its subsidiary are presented for the three and nine months ended September 30, 2016 and 2015 and have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. However, unaudited information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, considered necessary for a fair presentation of the financial position, results of operations and cash flows for the interim period. Information presented at December 31, 2015 is condensed from audited year-end financial statements. These condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and footnotes thereto, included in the Annual Report on Form 10-K for the year ended December 31, 2015 . The Consolidated Financial Statements include the accounts of the Company and the Bank. Operating results for the three and nine months ended September 30, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016 . All significant intercompany transactions and accounts have been eliminated.
Use of Estimates	Use of Estimates – The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ.
Subsequent Events	Subsequent Events – GAAP establishes standards for accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued. The subsequent events principle sets forth the period after the balance sheet date during which management of a reporting entity should evaluate events or transactions that may occur for potential recognition in the financial statements, identifies the circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its financial statements, and specifies the disclosures that should be made about events or transactions that occur after the balance sheet date.
Concentration of Credit Risk	Concentration of Credit Risk – The Company generally grants commercial, residential, construction, municipal, and various forms of consumer lending to customers in its market area. Although the Company maintains a diversified loan portfolio, a significant portion of its customers’ ability to honor their contracts is dependent upon economic sectors for commercial real estate, including office space, retail strip centers, multi-family and hospitality, residential building operators, sales finance, sub-dividers and developers. Management evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if collateral is deemed necessary by the Company upon the extension of credit, is based on management’s credit evaluation of the customer. Collateral held varies, but generally includes real estate and equipment. The types of securities the Company invests in are included in Note 2, “Securities Available for Sale” and the type of lending the Company engages in are included in Note 3, “Loans Receivable and Allowance for Loan Losses.”
Cash and Cash Equivalents	Cash and Cash Equivalents – For purposes of the consolidated statements of cash flows, cash and cash equivalents include cash, balances due from banks, federal funds sold and interest bearing deposits due on demand, all of which have original maturities of 90 days or less. Net cash flows are reported for customer loan and deposit transactions, loans held for sale and redemption (purchases) of restricted investments in bank stocks, and short-term borrowings.
Restricted Investments in Bank Stocks	Restricted Investments in Bank Stocks – Restricted investments in bank stocks, which represents required investments in the common stock of correspondent banks, are carried at cost as of September 30, 2016 and December 31, 2015 , and consists of common stock of the Federal Reserve Bank of Philadelphia (“Federal Reserve Bank”), Atlantic Community Bankers Bank and the Federal Home Loan Bank of Pittsburgh (“FHLB”). Management evaluates the restricted investments in bank stocks for impairment in accordance with Accounting Standard Codification (ASC) Topic 942, Accounting by Certain Entities (Including Entities with Trade Receivables) That Lend to or Finance the Activities of Others. Management’s determination of whether these investments are impaired is based on their assessment of the ultimate recoverability of their cost rather than by recognizing temporary declines in value. The determination of whether a decline affects the ultimate recoverability of their cost is influenced by criteria such as (1) the significance of the decline in net assets of the correspondent bank as compared to the capital stock amount for the correspondent bank and the length of time this situation has persisted, (2) commitments by the correspondent bank to make payments required by law or regulation and the level of such payments in relation to the operating performance of the correspondent bank, and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the correspondent bank. Management believes no impairment charge is necessary related to the restricted investments in bank stocks as of September 30, 2016 . However, security impairment analysis is completed quarterly and the determination that no impairment had occurred as of September 30, 2016 is no assurance that impairment may not occur in the future.
Securities	Securities – Certain debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. “Trading” securities are recorded at fair value with changes in fair value included in earnings. As of September 30, 2016 and December 31, 2015 , the Company had no held to maturity or trading securities. Securities not classified as held to maturity or trading, including equity securities with readily determinable fair values, are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities and approximate the level yield method. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. Management evaluates securities for other-than-temporary impairment (“OTTI”) on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. The Company had no debt securities it deemed to be other than temporarily impaired at September 30, 2016 or December 31, 2015 . The Company’s securities are exposed to various risks, such as interest rate risk, market risk, and credit risks. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is at least reasonably possible that changes in risks in the near term would materially affect investment assets reported in the Consolidated Financial Statements.
Loans Held for Sale	Loans Held for Sale – Loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value (LOCM). Gains and losses on loan sales (sales proceeds minus carrying value) are recorded in non-interest income.
Loans	Loans – The Company grants commercial, residential, commercial mortgage, construction, municipal, mortgage and various forms of consumer loans to its customers located principally in south-central Pennsylvania and northern Maryland. The ability of the Company’s debtors to honor their contracts is dependent largely upon the real estate and general economic conditions in this area. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and amortized as a yield adjustment over the respective term of the loan. For all classes of loans, the accrual of interest income on loans, including impaired loans, generally ceases when principal or interest is past due 90 days or more or immediately if, in the opinion of management, full collection is unlikely. Interest will continue to accrue on loans past due 90 days or more if the collateral is adequate to cover principal and interest, and the loan is in the process of collection. Interest accrued, but not collected, as of the date of placement on nonaccrual status, is reversed and charged against current interest income, unless fully collateralized. Subsequent payments received are either applied to the outstanding principal balance or recorded as interest income, depending upon management’s assessment of the ultimate collectability of principal. Loans are returned to accrual status, for all loan classes, when all the principal and interest amounts contractually due are brought current, the loan has performed in accordance with the contractual terms of the note for a reasonable period of time, generally six months , and the ultimate collectability of the total contractual principal and interest is reasonably assured. Past due status is based on contractual terms of the loan. Loans, the terms of which are modified, are classified as troubled debt restructurings ("TDRs") if a concession was granted in connection with the modification, for legal or economic reasons, related to the debtor’s financial difficulties. Concessions granted under a TDR typically involve a temporary deferral of scheduled loan payments, an extension of a loan’s stated maturity date, a temporary reduction in interest rates, or granting of an interest rate below market rates given the risk of the transaction. If a modification occurs while the loan is on accruing status, it will continue to accrue interest under the modified terms. Nonaccrual TDRs may be restored to accrual status if scheduled principal and interest payments, under the modified terms, are current for six months after modification, and the borrower continues to demonstrate its ability to meet the modified terms. TDRs are evaluated individually for impairment on a quarterly basis including monitoring of performance according to their modified terms.
Allowance for Loan Losses	Allowance for Loan Losses – The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments – Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded.
Loans Serviced	Loans Serviced – The Bank administers secondary market mortgage programs available through the FHLB and the Federal National Mortgage Association and offers residential mortgage products and services to customers. The Bank originates single-family residential mortgage loans for immediate sale in the secondary market, and retains the servicing of those loans sold to these investors.
Transfers of Financial Assets	Transfers of Financial Assets – Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Cash Surrender Value of Life Insurance	Cash Surrender Value of Life Insurance – The Company has purchased life insurance policies on certain employees. Company owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement.
Premises and Equipment	Premises and Equipment – Buildings, improvements, equipment, furniture and fixtures are carried at cost less accumulated depreciation and amortization. Land is carried at cost. Depreciation and amortization has been provided generally on the straight-line method and is computed over the estimated useful lives of the various assets as follows: buildings and improvements, including leasehold improvements – 10 to 40 years; and furniture and equipment – 3 to 15 years. Repairs and maintenance are charged to operations as incurred, while major additions and improvements are capitalized. Gain or loss on retirement or disposal of individual assets is recorded as income or expense in the period of retirement or disposal.
Intangible Assets	Intangible Assets – Intangible assets represent purchased assets that lack physical substance but can be distinguished from goodwill because of contractual or other legal rights. The Company’s intangible assets have finite lives and are amortized, on a straight line basis, over their estimated lives, generally 10 years for deposit premiums and 15 years for customer lists.
Mortgage Servicing Rights	Mortgage Servicing Rights – The estimated fair value of mortgage servicing rights (MSRs) related to loans sold and serviced by the Company is recorded as an asset upon the sale of such loans. MSRs are amortized as a reduction to servicing income over the estimated lives of the underlying loans. MSRs are evaluated periodically for impairment, by comparing the carrying amount to estimated fair value. Fair value is determined periodically through a discounted cash flows valuation performed by a third party. Significant inputs to the valuation include expected servicing income, net of expense, the discount rate and the expected life of the underlying loans. To the extent the amortized cost of the MSRs exceeds their estimated fair values, a valuation allowance is established for such impairment through a charge against servicing income on the consolidated statement of income. If the Company determines, based on subsequent valuations, that impairment no longer exists or is reduced, the valuation allowance is reduced through a credit to earnings.
Foreclosed Real Estate	Foreclosed Real Estate – Real estate properties acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated costs to sell the underlying collateral. Capitalized costs include any costs that significantly improve the value of the properties. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of carrying amount or fair value less estimated costs to sell.
Investments In Real Estate Partnerships	Investments in Real Estate Partnerships – The Company currently has a 99% limited partner interest in several real estate partnerships in central Pennsylvania. These investments are affordable housing projects which entitle the Company to tax deductions and credits that expire through 2025. The Company accounts for its investments in affordable housing projects under the proportional amortization method when the criteria are met, which is limited to one investment entered into in 2015. Investments prior to 2015 did not meet the criteria, and are accounted for under the equity method of accounting.
Advertising	Advertising – The Company follows the policy of charging costs of advertising to expense as incurred.
Securities Sold Under Agreements to Repurchase	Securities Sold Under Agreements to Repurchase (“Repurchase Agreements”) – The Company enters into agreements under which it sells securities subject to an obligation to repurchase the same or similar securities which are included in short-term borrowings. Under these Repurchase Agreements, the Company may transfer legal control over the assets but still retain effective control through an agreement that both entitles and obligates the Company to repurchase the assets. As a result, these Repurchase Agreements are accounted for as collateralized financing arrangements (i.e., secured borrowings) and not as a sale and subsequent repurchase of securities. The obligation to repurchase the securities is reflected as a liability in the Company’s consolidated balance sheet, while the securities underlying the Repurchase Agreements remain in the respective investment securities asset accounts. In other words, there is no offsetting or netting of the investment securities assets with the Repurchase Agreement liabilities. In addition, as the Company does not enter into reverse Repurchase Agreements, there is no such offsetting to be done with the Repurchase Agreements. The right of setoff for a Repurchase Agreement resembles a secured borrowing, whereby the collateral would be used to settle the fair value of the Repurchase Agreement should the Company be in default (e.g., fails to make an interest payment to the counterparty). For the Repurchase Agreements, the collateral is held by the Company in a segregated custodial account under a third party agreement. Repurchase agreements are secured by U.S. Government Sponsored Enterprises mortgage-backed securities and mature overnight.
Stock Compensation Plans	Stock Compensation Plans – The Company has stock compensation plans that cover employees and non-employee directors. Stock compensation accounting guidance (Financial Accounting Standards Board ("FASB") ASC 718, Compensation – Stock Compensation ) requires that the compensation cost relating to share-based payment transactions be recognized in financial statements. That cost is measured based on the grant date fair value of the stock award, including a Black-Scholes model for stock options. Compensation cost for all stock awards is calculated and recognized over the employees’ service period, generally defined as the vesting period.
Income Taxes	Income Taxes – The Company accounts for income taxes in accordance with income tax accounting guidance (FASB ASC 740, Income Taxes ). The income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company recognizes interest and penalties, if any, on income taxes as a component of income tax expense.
Loss Contingencies	Loss Contingencies – Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated.
Treasury Stock	Treasury Stock – Common stock shares repurchased are recorded as treasury stock at cost.
Earnings Per Share	Earnings Per Share – Basic earnings per share represent net income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Restricted stock awards are included in weighted average common shares outstanding as they are earned. Diluted earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock awards. Treasury shares are not deemed outstanding for earnings per share calculations.
Comprehensive Income	Comprehensive Income – Comprehensive income consists of net income and other comprehensive income. Other comprehensive income is limited to unrealized gains on securities available for sale for all years presented.
Fair Value of Financial Instruments	Fair Value of Financial Instruments – Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 9. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect the estimates.
Segment Reporting	Segment Reporting – The Company only operates in one significant segment – Community Banking. The Company’s non-banking activities are insignificant to the Consolidated Financial Statements.
Reclassification	Reclassification – Certain amounts in the 2015 Consolidated Financial Statements have been reclassified to conform to the 2016 presentation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements – In May 2014, the FASB issued ASU 2014-9, Revenue from Contracts with Customers (Topic 606) . ASU 2014-9, as amended, creates a new topic, Topic 606, to provide guidance on revenue recognition for entities that enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Additional disclosures are required to provide quantitative and qualitative information regarding the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. These amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that period. The Company is evaluating the impact of this standard on its financial position and results of operations. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. The update provides updated accounting and reporting requirements for both public and non-public entities. The most significant provisions that will impact the Company are: 1) equity securities available for sale will be measured at fair value, with the changes in fair value recognized in the income statement; 2) the requirement to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments at amortized cost on the balance sheet has been eliminated; 3) a provision to permit the utilization of the exit price notion when measuring the fair value of financial instruments for disclosure purposes; 4) a requirement for separate presentation of both financial assets and liabilities by measurement category and form of financial asset on the balance sheet or accompanying notes to the financial statements. The update will be effective for interim and annual periods beginning after December 15, 2017, using a cumulative-effect adjustment to the balance sheet as of the beginning of the year of adoption. Early adoption is not permitted. The Company is evaluating the impact of this standard on its financial position and results of operations. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The update provides updated accounting and reporting requirements, which, among other things, requires lessees to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) A lease liability, which is a lessee‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted upon issuance. Lessees must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. The Company anticipates that the impact on the balance sheet will result in an increase in assets and liabilities for its right of use assets and related lease liabilities for those leases that are outstanding at the date of adoption, however, it does not anticipate it will have a material impact on its results of operations. We are currently evaluating the other effects of adoption of this new standard on our financial position, including regulatory capital. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation: Improvements to Employee Share-Based Payment Accounting (Topic 718). The update will require recognition of the income tax effects of share-based awards in the income statement when the awards vest or are settled, eliminating the additional paid-in-capital pools. The guidance will be effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate this update will have a material impact on its financial position or results of operations. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The amendments in this update replace the existing incurred loss impairment methodology in current GAAP with an expected loss impairment methodology, which considers a broader range of reasonable and supportable information to support credit loss estimates, including historical loss experience, current conditions and reasonable and foreseeable forecasts. ASU No. 2016-13 also requires enhanced and greater disclosure pertaining to significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of the Company’s financial instrument portfolio, including loans and securities. These amendments are effective for annual reporting periods beginning after December 15, 2019, including interim periods within that reporting period, with earlier adoption permitted as of one year earlier. The Company is currently evaluating the impact of the significance of this amendment, and the impact it will have on its financial position, results of operations, and regulatory capital ratios. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments . The update makes eight targets changes to how cash receipts and cash payments are presented and classified in the consolidated statement of cash flows. This guidance will be effective for interim and annual reporting periods beginning after December 15, 2017, and will require adoption on a retrospective basis. The Company does not anticipate this update will have a material impact on its financial position or results of operations.

SECURITIES AVAILABLE FOR SALE (

SECURITIES AVAILABLE FOR SALE (Tables)	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Fair Values of Investment Securities Available for Sale	The amortized cost and fair values of investment securities available for sale at September 30, 2016 and December 31, 2015 were: (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2016 U.S. Government Agencies $ 41,748 $ 203 $ 82 $ 41,869 States and political subdivisions 123,698 6,903 202 130,399 U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities 121,489 2,392 0 123,881 GSE residential collateralized mortgage obligations (CMOs) 74,106 378 1,786 72,698 Private label CMOs 6,029 0 52 5,977 Total debt securities 367,070 9,876 2,122 374,824 Equity securities 50 28 0 78 Totals $ 367,120 $ 9,904 $ 2,122 $ 374,902 December 31, 2015 U.S. Government Agencies $ 47,209 $ 200 $ 182 $ 47,227 States and political subdivisions 124,421 2,483 943 125,961 GSE residential mortgage-backed securities 132,389 229 269 132,349 GSE residential CMOs 15,668 215 40 15,843 GSE commercial CMOs 63,598 735 563 63,770 Private label CMOs 8,944 0 43 8,901 Total debt securities 392,229 3,862 2,040 394,051 Equity securities 50 23 0 73 Totals $ 392,279 $ 3,885 $ 2,040 $ 394,124
Gross Unrealized Losses and Fair Value of Company's Available for Sale Securities	The following table shows gross unrealized losses and fair value of the Company’s available for sale securities that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at September 30, 2016 and December 31, 2015 : Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2016 U.S. Government Agencies $ 5,875 $ 12 $ 14,233 $ 70 $ 20,108 $ 82 States and political subdivisions 0 0 5,452 202 5,452 202 GSE residential collateralized mortgage obligations (CMOs) 63,107 1,779 712 7 63,819 1,786 Private label CMOs 5,976 52 0 0 5,976 52 Total temporarily impaired securities $ 74,958 $ 1,843 $ 20,397 $ 279 $ 95,355 $ 2,122 December 31, 2015 U.S. Government Agencies $ 27,640 $ 182 $ 0 $ 0 $ 27,640 $ 182 States and political subdivisions 30,252 373 14,139 570 44,391 943 GSE residential mortgage-backed securities 82,911 269 0 0 82,911 269 GSE residential CMOs 0 0 4,237 40 4,237 40 GSE commercial CMOs 33,606 563 0 0 33,606 563 Private label CMOs 8,901 43 0 0 8,901 43 Total temporarily impaired securities $ 183,310 $ 1,430 $ 18,376 $ 610 $ 201,686 $ 2,040
Schedule of Amortized Cost and Fair Values of Securities Available for Sale by Contractual Maturity	The amortized cost and fair values of securities available for sale at September 30, 2016 by contractual maturity are shown below. Contractual maturities will differ from expected maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale (Dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 0 $ 0 Due after one year through five years 3,210 3,358 Due after five years through ten years 71,653 75,769 Due after ten years 90,583 93,141 Mortgage-backed securities and collateralized mortgage obligations 201,624 202,556 Total debt securities 367,070 374,824 Equity securities 50 78 $ 367,120 $ 374,902

LOANS RECEIVABLE AND ALLOWANC21

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Summary of Loan Portfolio, Excluding Residential Loans Held for Sale, Broken Out by Classes	The loan portfolio, excluding residential loans held for sale, broken out by class, as of September 30, 2016 and December 31, 2015 was as follows: (Dollars in thousands) September 30, 2016 December 31, 2015 Commercial real estate: Owner-occupied $ 111,437 $ 103,578 Non-owner occupied 192,449 145,401 Multi-family 39,394 35,109 Non-owner occupied residential 56,759 54,175 Acquisition and development: 1-4 family residential construction 6,379 9,364 Commercial and land development 28,030 41,339 Commercial and industrial 87,492 73,625 Municipal 54,241 57,511 Residential mortgage: First lien 134,498 126,022 Home equity - term 14,896 17,337 Home equity - lines of credit 114,274 110,731 Installment and other loans 7,212 7,521 $ 847,061 $ 781,713
Bank's Ratings Based on its Internal Risk Rating System	The following summarizes the Bank’s ratings based on its internal risk rating system as of September 30, 2016 and December 31, 2015 : (Dollars in thousands) Pass Special Mention Non-Impaired Substandard Impaired - Substandard Doubtful Total September 30, 2016 Commercial real estate: Owner-occupied $ 99,563 $ 8,318 $ 2,077 $ 1,479 $ 0 $ 111,437 Non-owner occupied 168,158 12,261 5,127 6,253 650 192,449 Multi-family 37,108 1,284 795 207 0 39,394 Non-owner occupied residential 53,777 1,308 1,167 507 0 56,759 Acquisition and development: 1-4 family residential construction 5,859 364 156 0 0 6,379 Commercial and land development 27,371 11 646 2 0 28,030 Commercial and industrial 86,184 711 34 339 224 87,492 Municipal 54,241 0 0 0 0 54,241 Residential mortgage: First lien 130,139 0 0 4,359 0 134,498 Home equity - term 14,802 0 0 94 0 14,896 Home equity - lines of credit 113,704 188 52 330 0 114,274 Installment and other loans 7,203 0 0 9 0 7,212 $ 798,109 $ 24,445 $ 10,054 $ 13,579 $ 874 $ 847,061 December 31, 2015 Commercial real estate: Owner-occupied $ 96,715 $ 1,124 $ 3,630 $ 2,109 $ 0 $ 103,578 Non-owner occupied 125,043 12,394 108 7,856 0 145,401 Multi-family 31,957 1,779 1,140 233 0 35,109 Non-owner occupied residential 50,601 1,305 1,374 895 0 54,175 Acquisition and development: 1-4 family residential construction 9,364 0 0 0 0 9,364 Commercial and land development 40,181 219 934 5 0 41,339 Commercial and industrial 70,967 1,380 544 734 0 73,625 Municipal 57,511 0 0 0 0 57,511 Residential mortgage: First lien 121,214 0 0 4,808 0 126,022 Home equity - term 17,234 0 0 103 0 17,337 Home equity - lines of credit 109,731 230 180 590 0 110,731 Installment and other loans 7,504 0 0 17 0 7,521 $ 738,022 $ 18,431 $ 7,910 $ 17,350 $ 0 $ 781,713
Impaired Loans by Class	The following table summarizes impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of September 30, 2016 and December 31, 2015 . The recorded investment in loans excludes accrued interest receivable due to insignificance. Related allowances established generally pertain to those loans in which loan forbearance agreements were in the process of being negotiated or updated appraisals were pending, and the partial charge-off will be recorded when final information is received. Impaired Loans with a Specific Allowance Impaired Loans with No Specific Allowance (Dollars in thousands) Recorded Investment (Book Balance) Unpaid Principal Balance (Legal Balance) Related Allowance Recorded Investment (Book Balance) Unpaid Principal Balance (Legal Balance) September 30, 2016 Commercial real estate: Owner-occupied $ 0 $ 0 $ 0 $ 1,479 $ 2,673 Non-owner occupied 6,095 6,428 650 808 1,405 Multi-family 0 0 0 207 372 Non-owner occupied residential 0 0 0 507 755 Acquisition and development: Commercial and land development 0 0 0 2 17 Commercial and industrial 224 227 158 339 392 Residential mortgage: First lien 781 781 64 3,578 4,261 Home equity - term 0 0 0 94 104 Home equity - lines of credit 0 0 0 330 432 Installment and other loans 2 3 2 7 34 $ 7,102 $ 7,439 $ 874 $ 7,351 $ 10,445 December 31, 2015 Commercial real estate: Owner-occupied $ 0 $ 0 $ 0 $ 2,109 $ 3,344 Non-owner occupied 0 0 0 7,856 8,600 Multi-family 0 0 0 233 385 Non-owner occupied residential 0 0 0 895 1,211 Acquisition and development: Commercial and land development 0 0 0 5 19 Commercial and industrial 0 0 0 734 780 Residential mortgage: First lien 1,952 1,984 271 2,856 3,369 Home equity - term 0 0 0 103 110 Home equity - lines of credit 22 23 10 568 688 Installment and other loans 8 9 8 9 35 $ 1,982 $ 2,016 $ 289 $ 15,368 $ 18,541
Average Recorded Investment in Impaired Loans and Related Interest Income	The following tables summarize the average recorded investment in impaired loans and related interest income recognized on loans deemed impaired, generally on a cash basis, for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended September 30, 2016 2015 (Dollars in thousands) Average Impaired Balance Interest Income Recognized Average Impaired Balance Interest Income Recognized Commercial real estate: Owner-occupied $ 1,650 $ 0 $ 2,336 $ 0 Non-owner occupied 6,979 0 2,900 0 Multi-family 212 0 369 0 Non-owner occupied residential 525 0 866 0 Acquisition and development: Commercial and land development 2 0 224 132 Commercial and industrial 494 0 797 0 Residential mortgage: First lien 4,366 8 4,280 15 Home equity - term 95 0 174 0 Home equity - lines of credit 334 0 599 0 Installment and other loans 10 0 20 0 $ 14,667 $ 8 $ 12,565 $ 147 Nine Months Ended September 30, 2016 2015 (Dollars in thousands) Average Impaired Balance Interest Income Recognized Average Impaired Balance Interest Income Recognized Commercial real estate: Owner-occupied $ 1,891 $ 0 $ 2,749 $ 0 Non-owner occupied 7,334 0 2,120 0 Multi-family 221 0 452 0 Non-owner occupied residential 700 0 1,055 0 Acquisition and development: Commercial and land development 3 0 313 137 Commercial and industrial 577 0 1,346 0 Residential mortgage: First lien 4,587 25 4,771 33 Home equity - term 98 0 139 0 Home equity - lines of credit 474 0 562 0 Installment and other loans 14 0 23 0 $ 15,899 $ 25 $ 13,530 $ 170
Troubled Debt Restructurings	The following table presents impaired loans that are TDRs, with the recorded investment as of September 30, 2016 and December 31, 2015 . September 30, 2016 December 31, 2015 (Dollars in thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Accruing: Residential mortgage: First lien 8 $ 901 8 $ 793 8 901 8 793 Nonaccruing: Commercial real estate: Non-owner occupied 1 6,095 0 0 Residential mortgage: First lien 12 1,057 12 1,153 Installment and other loans 1 7 1 10 14 7,159 13 1,163 22 $ 8,060 21 $ 1,956
Number of Loans Modified and Their Pre-Modification and Post-Modification Investment Balances	The following table presents the number of loans modified, and their pre-modification and post-modification investment balances for the three and nine months ended September 30, 2016 and 2015 : 2016 2015 (Dollars in thousands) Number of Contracts Pre- Modification Recorded Investment Post Modification Recorded Investment Number of Contracts Pre- Modification Recorded Investment Post Modification Recorded Investment Three Months Ended September 30, Commercial real estate: Non-owner occupied 1 $ 6,095 $ 6,095 0 $ 0 $ 0 1 $ 6,095 $ 6,095 0 $ 0 $ 0 Nine Months Ended September 30, Commercial real estate: Non-owner occupied 1 $ 6,095 $ 6,095 0 $ 0 $ 0 Residential mortgage: First lien 1 257 257 1 59 0 2 $ 6,352 $ 6,352 1 $ 59 $ 0
Restructured Loans Included in Nonaccrual Status Modified as Troubled Debt Restructurings Within the Previous 12 Months and for which There was Payment Default	The following table presents restructured loans, included in nonaccrual loans, that were modified as TDRs within the previous 12 months and for which there was a payment default during the three and nine months ended September 30, 2016 and 2015 : 2016 2015 (Dollars in thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Three Months Ended September 30, Residential mortgage: First lien 0 $ 0 0 $ 0 0 $ 0 0 $ 0 Nine Months Ended September 30, Residential mortgage: First lien 0 $ 0 4 $ 308 0 $ 0 4 $ 308
Loan Portfolio Summarized by Aging Categories of Performing Loans and Nonaccrual Loans	The following table presents the classes of the loan portfolio summarized by aging categories of performing loans and nonaccrual loans as of September 30, 2016 and December 31, 2015 : Days Past Due (Dollars in thousands) Current 30-59 60-89 90+ (still accruing) Total Past Due Non- Accrual Total Loans September 30, 2016 Commercial real estate: Owner-occupied $ 109,958 $ 0 $ 0 $ 0 $ 0 $ 1,479 $ 111,437 Non-owner occupied 185,546 0 0 0 0 6,903 192,449 Multi-family 39,187 0 0 0 0 207 39,394 Non-owner occupied residential 56,252 0 0 0 0 507 56,759 Acquisition and development: 1-4 family residential construction 6,379 0 0 0 0 0 6,379 Commercial and land development 28,028 0 0 0 0 2 28,030 Commercial and industrial 86,828 100 0 0 100 564 87,492 Municipal 54,241 0 0 0 0 0 54,241 Residential mortgage: First lien 130,243 345 453 0 798 3,457 134,498 Home equity - term 14,772 21 9 0 30 94 14,896 Home equity - lines of credit 113,448 382 75 39 496 330 114,274 Installment and other loans 7,187 7 9 0 16 9 7,212 $ 832,069 $ 855 $ 546 $ 39 $ 1,440 $ 13,552 $ 847,061 December 31, 2015 Commercial real estate: Owner-occupied $ 101,395 $ 74 $ 0 $ 0 $ 74 $ 2,109 $ 103,578 Non-owner occupied 137,545 0 0 0 0 7,856 145,401 Multi-family 34,876 0 0 0 0 233 35,109 Non-owner occupied residential 53,280 0 0 0 0 895 54,175 Acquisition and development: 1-4 family residential construction 9,364 0 0 0 0 0 9,364 Commercial and land development 41,236 0 98 0 98 5 41,339 Commercial and industrial 72,846 24 21 0 45 734 73,625 Municipal 57,511 0 0 0 0 0 57,511 Residential mortgage: First lien 120,119 1,844 44 0 1,888 4,015 126,022 Home equity - term 17,200 34 0 0 34 103 17,337 Home equity - lines of credit 109,740 286 91 24 401 590 110,731 Installment and other loans 7,488 16 0 0 16 17 7,521 $ 762,600 $ 2,278 $ 254 $ 24 $ 2,556 $ 16,557 $ 781,713
Activity in Allowance for Loan Losses	Activity in the allowance for loan losses for the three months ended September 30, 2016 and 2015 was as follows: Commercial Consumer (Dollars in thousands) Commercial Real Estate Acquisition and Development Commercial and Industrial Municipal Total Residential Mortgage Installment and Other Total Unallocated Total September 30, 2016 Balance, beginning of period $ 8,133 $ 587 $ 1,148 $ 61 $ 9,929 $ 2,706 $ 180 $ 2,886 $ 625 $ 13,440 Provision for loan losses 215 89 76 (7 ) 373 (119 ) (3 ) (122 ) (1 ) 250 Charge-offs 0 0 0 0 0 (57 ) (47 ) (104 ) 0 (104 ) Recoveries 124 0 2 0 126 96 42 138 0 264 Balance, end of period $ 8,472 $ 676 $ 1,226 $ 54 $ 10,428 $ 2,626 $ 172 $ 2,798 $ 624 $ 13,850 September 30, 2015 Balance, beginning of period $ 8,132 $ 720 $ 844 $ 119 $ 9,815 $ 2,918 $ 182 $ 3,100 $ 937 $ 13,852 Provision for loan losses 9 (684 ) 151 (2 ) (526 ) (54 ) 8 (46 ) (31 ) (603 ) Charge-offs (170 ) 0 (27 ) 0 (197 ) (222 ) (18 ) (240 ) 0 (437 ) Recoveries 64 604 17 0 685 34 6 40 0 725 Balance, end of period $ 8,035 $ 640 $ 985 $ 117 $ 9,777 $ 2,676 $ 178 $ 2,854 $ 906 $ 13,537 Activity in the allowance for loan losses for the nine months ended September 30, 2016 and 2015 was as follows: Commercial Consumer (Dollars in thousands) Commercial Real Estate Acquisition and Development Commercial and Industrial Municipal Total Residential Mortgage Installment and Other Total Unallocated Total September 30, 2016 Balance, beginning of period $ 7,883 $ 850 $ 1,012 $ 58 $ 9,803 $ 2,870 $ 121 $ 2,991 $ 774 $ 13,568 Provision for loan losses 236 (174 ) 225 (4 ) 283 (8 ) 125 117 (150 ) 250 Charge-offs (26 ) 0 (21 ) 0 (47 ) (381 ) (159 ) (540 ) 0 (587 ) Recoveries 379 0 10 0 389 145 85 230 0 619 Balance, end of period $ 8,472 $ 676 $ 1,226 $ 54 $ 10,428 $ 2,626 $ 172 $ 2,798 $ 624 $ 13,850 September 30, 2015 Balance, beginning of period $ 9,462 $ 697 $ 806 $ 183 $ 11,148 $ 2,262 $ 119 $ 2,381 $ 1,218 $ 14,747 Provision for loan losses (804 ) (639 ) 202 (66 ) (1,307 ) 919 97 1,016 (312 ) (603 ) Charge-offs (711 ) (22 ) (77 ) 0 (810 ) (574 ) (47 ) (621 ) 0 (1,431 ) Recoveries 88 604 54 0 746 69 9 78 0 824 Balance, end of period $ 8,035 $ 640 $ 985 $ 117 $ 9,777 $ 2,676 $ 178 $ 2,854 $ 906 $ 13,537
Summary of Ending Loan Balances Individually Evaluated for Impairment Based on Loan Segment	The following table summarizes the ending loan balances individually evaluated for impairment based upon loan segment, as well as the related allowance for loan losses allocation for each at September 30, 2016 and December 31, 2015 : Commercial Consumer (Dollars in thousands) Commercial Real Estate Acquisition and Development Commercial and Industrial Municipal Total Residential Mortgage Installment and Other Total Unallocated Total September 30, 2016 Loans allocated by: Individually evaluated for impairment $ 9,096 $ 2 $ 563 $ 0 $ 9,661 $ 4,783 $ 9 $ 4,792 $ 0 $ 14,453 Collectively evaluated for impairment 390,943 34,407 86,929 54,241 566,520 258,885 7,203 266,088 0 832,608 $ 400,039 $ 34,409 $ 87,492 $ 54,241 $ 576,181 $ 263,668 $ 7,212 $ 270,880 $ 0 $ 847,061 Allowance for loan losses allocated by: Individually evaluated for impairment $ 650 $ 0 $ 158 $ 0 $ 808 $ 64 $ 2 $ 66 $ 0 $ 874 Collectively evaluated for impairment 7,822 676 1,068 54 9,620 2,562 170 2,732 624 12,976 $ 8,472 $ 676 $ 1,226 $ 54 $ 10,428 $ 2,626 $ 172 $ 2,798 $ 624 $ 13,850 December 31, 2015 Loans allocated by: Individually evaluated for impairment $ 11,093 $ 5 $ 734 $ 0 $ 11,832 $ 5,501 $ 17 $ 5,518 $ 0 $ 17,350 Collectively evaluated for impairment 327,170 50,698 72,891 57,511 508,270 248,589 7,504 256,093 0 764,363 $ 338,263 $ 50,703 $ 73,625 $ 57,511 $ 520,102 $ 254,090 $ 7,521 $ 261,611 $ 0 $ 781,713 Allowance for loan losses allocated by: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 281 $ 8 $ 289 $ 0 $ 289 Collectively evaluated for impairment 7,883 850 1,012 58 9,803 2,589 113 2,702 774 13,279 $ 7,883 $ 850 $ 1,012 $ 58 $ 9,803 $ 2,870 $ 121 $ 2,991 $ 774 $ 13,568

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Components of Income Tax Expense	The components of income tax expense for the three and nine months ended September 30, 2016 and 2015 are summarized as follows: Three months ended September 30, Nine months ended September 30, (Dollars in thousands) 2016 2015 2016 2015 Current year provision (benefit): Federal $ 1,066 $ (104 ) $ 1,192 $ (63 ) State 8 (1 ) 5 7 1,074 (105 ) 1,197 (56 ) Deferred tax expense (benefit): Federal (948 ) 561 (216 ) 1,538 State (1 ) 6 10 16 (949 ) 567 (206 ) 1,554 Net income tax expense $ 125 $ 462 $ 991 $ 1,498
Components of Net Deferred Tax Asset	The components of the net deferred tax asset, included in other assets, are as follows: (Dollars in thousands) September 30, December 31, Deferred tax assets: Allowance for loan losses $ 5,059 $ 5,111 Deferred compensation 532 547 Retirement plans and salary continuation 1,904 1,824 Share-based compensation 521 343 Off balance sheet reserves 301 218 Nonaccrual loan interest 415 246 Goodwill 99 124 Bonus accrual 127 359 Low income housing credit carryforward 1,900 1,652 Alternative minimum tax credit carryforward 3,648 2,195 Charitable contribution carryforward 50 211 Net operating loss carryforward 2,591 4,431 Other 420 182 Total deferred tax assets 17,567 17,443 Deferred tax liabilities: Depreciation 719 815 Net unrealized gains on securities available for sale 2,646 646 Mortgage servicing rights 704 669 Purchase accounting adjustments 320 352 Other 192 181 Total deferred tax liabilities 4,581 2,663 Net deferred tax asset $ 12,986 $ 14,780

SHARE-BASED COMPENSATION PLANS

SHARE-BASED COMPENSATION PLANS (Tables)	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Outstanding Nonvested Restricted Shares	A roll forward of the Company’s nonvested restricted shares for the nine months ended September 30, 2016 is presented below: Shares Weighted Average Grant Date Fair Value Nonvested shares, beginning of year 197,381 $ 16.17 Granted 50,045 18.12 Forfeited (3,583 ) 16.91 Vested (12,500 ) 15.97 Nonvested shares, at period end 231,343 $ 16.59
Summary of Outstanding Stock Options	A roll forward of the Company’s outstanding stock options for the nine months ended September 30, 2016 is presented below: Shares Weighted Average Exercise Price Outstanding at beginning of year 101,460 $ 28.72 Forfeited (2,725 ) 25.78 Expired (18,265 ) 35.11 Options outstanding and exercisable, at period end 80,470 $ 27.36
Information Pertaining to Outstanding and Exercisable Options	Information pertaining to options outstanding and exercisable at September 30, 2016 is as follows: Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $21.14 - $24.99 35,099 3.66 $ 21.47 $25.00 - $29.99 2,792 3.50 25.76 $30.00 - $34.99 35,231 1.18 31.34 $35.00 - $37.59 7,348 2.81 37.08 $21.14 - $37.59 80,470 2.49 $ 27.36

SHAREHOLDERS_ EQUITY AND REGU24

SHAREHOLDERS’ EQUITY AND REGULATORY CAPITAL (Tables)	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Bank's Actual Capital Ratios	The Company and the Bank’s actual capital ratios as of September 30, 2016 and December 31, 2015 , are also presented in the table. Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio September 30, 2016 Total capital to risk weighted assets Orrstown Financial Services, Inc. $ 138,574 14.9 % $ 74,381 8.0 % n/a n/a Orrstown Bank 124,299 13.4 % 74,322 8.0 % $ 92,902 10.0 % Tier 1 capital to risk weighted assets Orrstown Financial Services, Inc. 126,876 13.7 % 55,786 6.0 % n/a n/a Orrstown Bank 112,610 12.1 % 55,741 6.0 % 74,322 8.0 % CET1 to risk weighted assets Orrstown Financial Services, Inc. 126,876 13.7 % 41,839 4.5 % n/a n/a Orrstown Bank 112,610 12.1 % 41,806 4.5 % 60,386 6.5 % Tier 1 capital to average assets Orrstown Financial Services, Inc. 126,876 9.6 % 52,847 4.0 % n/a n/a Orrstown Bank 112,610 8.5 % 52,851 4.0 % 66,064 5.0 % December 31, 2015 Total capital to risk weighted assets Orrstown Financial Services, Inc. $ 134,562 15.8 % $ 68,078 8.0 % n/a n/a Orrstown Bank 118,671 14.0 % 68,027 8.0 % $ 85,034 10.0 % Tier 1 capital to risk weighted assets Orrstown Financial Services, Inc. 123,825 14.6 % 51,058 6.0 % n/a n/a Orrstown Bank 107,942 12.7 % 51,021 6.0 % 68,027 8.0 % CET1 to risk weighted assets Orrstown Financial Services, Inc. 123,825 14.6 % 38,294 4.5 % n/a n/a Orrstown Bank 107,942 12.7 % 38,265 4.5 % 55,272 6.5 % Tier 1 capital to average assets Orrstown Financial Services, Inc. 123,825 9.8 % 50,684 4.0 % n/a n/a Orrstown Bank 107,942 8.5 % 50,695 4.0 % 63,368 5.0 %

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings per share for the three and nine months ended September 30, 2016 and 2015 were as follows: Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands, except per share data) 2016 2015 2016 2015 Net income $ 1,442 $ 2,461 $ 4,700 $ 6,425 Weighted average shares outstanding (basic) 8,056 8,119 8,060 8,115 Impact of common stock equivalents 93 38 82 28 Weighted average shares outstanding (diluted) 8,149 8,157 8,142 8,143 Per share information: Basic earnings per share $ 0.18 $ 0.30 $ 0.58 $ 0.79 Diluted earnings per share 0.18 0.30 0.58 0.79

FINANCIAL INSTRUMENTS WITH OF26

FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Commitments and Conditional Obligations	The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Contract or Notional Amount (Dollars in thousands) September 30, 2016 December 31, 2015 Commitments to fund: Revolving, open ended home equity loans $ 122,959 $ 110,473 1-4 family residential construction loans 10,624 6,153 Commercial real estate, construction and land development loans 44,765 14,174 Commercial, industrial and other loans 122,136 84,480 Standby letters of credit 7,865 6,510

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Summary of Assets Measured at Estimated Fair Value on Recurring Basis	A summary of assets at September 30, 2016 and December 31, 2015 , measured at estimated fair value on a recurring basis was as follows: (Dollars in Thousands) Level 1 Level 2 Level 3 Total Fair Value Measurements September 30, 2016 Securities available for sale: U.S. Government Agencies $ 0 $ 41,869 $ 0 $ 41,869 States and political subdivisions 0 130,399 0 130,399 U.S. Government Sponsored enterprises (GSE) residential mortgage-backed securities 0 123,881 0 123,881 GSE residential collateralized mortgage obligations (CMOs) 0 72,698 0 72,698 Private label CMOs 0 5,977 0 5,977 Total debt securities 0 374,824 0 374,824 Equity securities 0 78 0 78 Total securities $ 0 $ 374,902 $ 0 $ 374,902 December 31, 2015 Securities available for sale: U.S. Government Agencies $ 0 $ 47,227 $ 0 $ 47,227 States and political subdivisions 0 125,961 0 125,961 GSE residential mortgage-backed securities 0 132,349 0 132,349 GSE residential collateralized mortgage obligations (CMOs) 0 15,843 0 15,843 GSE commercial CMOs 0 63,770 0 63,770 Private label CMOs 0 8,901 0 8,901 Total debt securities 0 394,051 0 394,051 Equity securities 0 73 0 73 Total securities $ 0 $ 394,124 $ 0 $ 394,124
Summary of Additional Qualitative Information	The following table presents additional qualitative information about assets measured on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: (Dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range September 30, 2016 Impaired loans $ 9,841 Appraisal of Management adjustments on appraisals for property type and recent activity 0% - 68% discount Management adjustments for liquidation expenses 0% - 41% discount Foreclosed real estate 149 Appraisal of Management adjustments on appraisals for property type and recent activity 15% - 100% discount Management adjustments for liquidation expenses 3% - 6% discount Mortgage servicing rights 2,532 Discounted cash flows Weighted average CPR 12.80% Discount rate 9.55% December 31, 2015 Impaired loans $ 4,757 Appraisal of Management adjustments on appraisals for property type and recent activity 0% - 70% discount Management adjustments for liquidation expenses 6% - 44% discount Foreclosed real estate 175 Appraisal of Management adjustments on appraisals for property type and recent activity 10% - 20% discount Management adjustments for liquidation expenses 5% - 6% discount
Summary of Assets Measured at Fair Value on Nonrecurring Basis	A summary of assets at September 30, 2016 and December 31, 2015 , measured at estimated fair value on a nonrecurring basis was as follows: (Dollars in thousands) Level 1 Level 2 Level 3 Total Fair Value Measurements September 30, 2016 Impaired Loans Commercial real estate: Owner-occupied $ 0 $ 0 $ 823 $ 823 Non-owner occupied 0 0 6,181 6,181 Multi-family 0 0 207 207 Non-owner occupied residential 0 0 425 425 Acquisition and development: Commercial and land development 0 0 2 2 Commercial and industrial 0 0 66 66 Residential mortgage: First lien 0 0 1,980 1,980 Home equity - lines of credit 0 0 150 150 Installment and other loans 0 0 7 7 Impaired loans, net $ 0 $ 0 $ 9,841 $ 9,841 Foreclosed real estate Residential $ 0 $ 0 $ 127 $ 127 Commercial and land development 0 0 22 22 Total foreclosed real estate $ 0 $ 0 $ 149 $ 149 Mortgage servicing rights $ 0 $ 2,532 $ 0 $ 2,532 December 31, 2015 Impaired Loans Commercial real estate: Owner-occupied $ 0 $ 0 $ 881 $ 881 Non-owner occupied 0 0 736 736 Multi-family 0 0 233 233 Non-owner occupied residential 0 0 570 570 Acquisition and development: Commercial and land development 0 0 5 5 Residential mortgage: First lien 0 0 2,094 2,094 Home equity - lines of credit 0 0 229 229 Installment and other loans 0 0 9 9 Impaired loans, net $ 0 $ 0 $ 4,757 $ 4,757 Foreclosed real estate Residential $ 0 $ 0 $ 101 $ 101 Commercial and land development 0 0 74 74 Total foreclosed real estate $ 0 $ 0 $ 175 $ 175
Financial Instruments at Estimated Fair Values	The estimated fair values of the Company’s financial instruments were as follows at September 30, 2016 and December 31, 2015 : (Dollars in thousands) Carrying Amount Fair Value Level 1 Level 2 Level 3 September 30, 2016 Financial Assets Cash and due from banks $ 17,787 $ 17,787 $ 17,787 $ 0 $ 0 Interest bearing deposits with banks 19,854 19,854 19,854 0 0 Restricted investments in bank stocks 6,615 n/a n/a n/a n/a Securities available for sale 374,902 374,902 0 374,902 0 Loans held for sale 3,956 4,066 0 4,066 0 Loans, net of allowance for loan losses 833,211 847,597 0 0 847,597 Accrued interest receivable 3,690 3,690 0 1,869 1,821 Financial Liabilities Deposits 1,133,332 1,140,146 0 1,140,146 0 Short-term borrowings 42,852 42,852 0 42,852 0 Long-term debt 24,247 25,162 0 25,162 0 Accrued interest payable 350 350 0 350 0 Off-balance sheet instruments 0 0 0 0 0 December 31, 2015 Financial Assets Cash and due from banks $ 11,412 $ 11,412 $ 11,412 $ 0 $ 0 Interest bearing deposits with banks 16,928 16,928 16,928 0 0 Restricted investments in bank stocks 8,720 n/a n/a n/a n/a Securities available for sale 394,124 394,124 0 394,124 0 Loans held for sale 5,917 6,045 0 6,045 0 Loans, net of allowance for loan losses 768,145 776,067 0 0 776,067 Accrued interest receivable 3,845 3,845 0 2,257 1,588 Financial Liabilities Deposits 1,032,167 1,032,265 0 1,032,265 0 Short-term borrowings 89,156 89,156 0 89,156 0 Long-term debt 24,495 25,357 0 25,357 0 Accrued interest payable 366 366 0 366 0 Off-balance sheet instruments 0 0 0 0 0

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)segmentoffice	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)investment
Accounting Policies [Abstract]
Number of offices in which the company operates throughout the country | office			25
Maturity of interest bearing deposits			90 days
Evaluation period to return past due loans to accrual status			6 months
Balance of loans serviced for others	$ 326,461		$ 326,461		$ 317,793
Accounting Policies [Line Items]
Mortgage servicing rights	2,671		2,671		2,672
Foreclosed real estate	$ 719		$ 719		$ 710
Percentage of limited partner interest	99.00%		99.00%
Number of investments accounted for under the proportional amortization method | investment					1
Investment in real estate partnership	$ 5,051		$ 5,051		$ 5,450
Investment in real estate partnerships, proportional amortization method	2,045		2,045		2,205
Loss investment in real estate partnership	83	$ 89	261	$ 273
Losses on investments accounted for under the proportional amortization method	52		138
Recognition of federal tax credits	184	119	552	357
Advertising expense	238	$ 244	591	$ 500
Accumulated other comprehensive income, net of taxes	$ 5,136		$ 5,136		$ 1,199
Number of significant operating segment | segment			1
Deposit Premium
Accounting Policies [Line Items]
Finite lives of intangible assets			10 years
Customer Lists
Accounting Policies [Line Items]
Finite lives of intangible assets			15 years
Minimum | Building and Improvements
Accounting Policies [Line Items]
Plant and equipment, useful life			10 years
Minimum | Furniture and Equipment
Accounting Policies [Line Items]
Plant and equipment, useful life			3 years
Maximum | Building and Improvements
Accounting Policies [Line Items]
Plant and equipment, useful life			40 years
Maximum | Furniture and Equipment
Accounting Policies [Line Items]
Plant and equipment, useful life			15 years

SECURITIES AVAILABLE FOR SALE -

SECURITIES AVAILABLE FOR SALE - Amortized Cost and Fair Values of Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Amortized Cost
Total debt securities	$ 367,070
Equity securities	50
Totals	367,120	$ 392,279
Gross Unrealized Gains
Totals	9,904	3,885
Gross Unrealized Losses
Totals	2,122	2,040
Fair Value
Total debt securities	374,824
Equity securities	78
Totals	374,902	394,124
Debt Securities
Amortized Cost
Total debt securities	367,070	392,229
Gross Unrealized Gains
Total debt securities	9,876	3,862
Gross Unrealized Losses
Total debt securities	2,122	2,040
Fair Value
Total debt securities	374,824	394,051
Debt Securities | U.S. Government Agencies
Amortized Cost
Total debt securities	41,748	47,209
Gross Unrealized Gains
Total debt securities	203	200
Gross Unrealized Losses
Total debt securities	82	182
Fair Value
Total debt securities	41,869	47,227
Debt Securities | States and political subdivisions
Amortized Cost
Total debt securities	123,698	124,421
Gross Unrealized Gains
Total debt securities	6,903	2,483
Gross Unrealized Losses
Total debt securities	202	943
Fair Value
Total debt securities	130,399	125,961
Debt Securities | U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities
Amortized Cost
Total debt securities	121,489	132,389
Gross Unrealized Gains
Total debt securities	2,392	229
Gross Unrealized Losses
Total debt securities	0	269
Fair Value
Total debt securities	123,881	132,349
Debt Securities | GSE residential collateralized mortgage obligations (CMOs)
Amortized Cost
Total debt securities	74,106	15,668
Gross Unrealized Gains
Total debt securities	378	215
Gross Unrealized Losses
Total debt securities	1,786	40
Fair Value
Total debt securities	72,698	15,843
Debt Securities | GSE commercial CMOs
Amortized Cost
Total debt securities		63,598
Gross Unrealized Gains
Total debt securities		735
Gross Unrealized Losses
Total debt securities		563
Fair Value
Total debt securities		63,770
Debt Securities | Private label CMOs
Amortized Cost
Total debt securities	6,029	8,944
Gross Unrealized Gains
Total debt securities	0	0
Gross Unrealized Losses
Total debt securities	52	43
Fair Value
Total debt securities	5,977	8,901
Equity Securities
Amortized Cost
Equity securities	50	50
Gross Unrealized Gains
Equity securities	28	23
Gross Unrealized Losses
Equity securities	0	0
Fair Value
Equity securities	$ 78	$ 73

SECURITIES AVAILABLE FOR SALE30

SECURITIES AVAILABLE FOR SALE - Gross Unrealized Losses and Fair Value of Company's Available for Sale Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value
Less Than 12 Months	$ 74,958	$ 183,310
12 Months or More	20,397	18,376
Total	95,355	201,686
Unrealized Losses
Less Than 12 Months	1,843	1,430
12 Months or More	279	610
Total	2,122	2,040
U.S. Government Agencies
Fair Value
Less Than 12 Months	5,875	27,640
12 Months or More	14,233	0
Total	20,108	27,640
Unrealized Losses
Less Than 12 Months	12	182
12 Months or More	70	0
Total	82	182
States and political subdivisions
Fair Value
Less Than 12 Months	0	30,252
12 Months or More	5,452	14,139
Total	5,452	44,391
Unrealized Losses
Less Than 12 Months	0	373
12 Months or More	202	570
Total	202	943
GSE residential mortgage-backed securities
Fair Value
Less Than 12 Months		82,911
12 Months or More		0
Total		82,911
Unrealized Losses
Less Than 12 Months		269
12 Months or More		0
Total		269
GSE residential collateralized mortgage obligations (CMOs)
Fair Value
Less Than 12 Months	63,107	0
12 Months or More	712	4,237
Total	63,819	4,237
Unrealized Losses
Less Than 12 Months	1,779	0
12 Months or More	7	40
Total	1,786	40
GSE commercial CMOs
Fair Value
Less Than 12 Months		33,606
12 Months or More		0
Total		33,606
Unrealized Losses
Less Than 12 Months		563
12 Months or More		0
Total		563
Private label CMOs
Fair Value
Less Than 12 Months	5,976	8,901
12 Months or More	0	0
Total	5,976	8,901
Unrealized Losses
Less Than 12 Months	52	43
12 Months or More	0	0
Total	$ 52	$ 43

SECURITIES AVAILABLE FOR SALE31

SECURITIES AVAILABLE FOR SALE - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)security
Schedule of Available-for-sale Securities [Line Items]
Securities held	18		18		53
Gross gains on the sales of securities | $	$ 0	$ 29	$ 1,468	$ 1,935
Gross losses on securities available for sale | $			48	$ 24
Fair value of securities pledged to secure public funds and other purposes | $	$ 279,270		$ 279,270		$ 250,397
U.S Agencies and Government Sponsored Enterprises (GSE)
Schedule of Available-for-sale Securities [Line Items]
Securities held	14		14		29
Securities held, less than 12 months category	11		11		25
Securities held, more than 12 months category	3		3		4
State and Political Subdivisions
Schedule of Available-for-sale Securities [Line Items]
Securities held					21
Securities held, less than 12 months category					16
Securities held, more than 12 months category	1		1		5
Private Label
Schedule of Available-for-sale Securities [Line Items]
Securities held, less than 12 months category	3		3		3

SECURITIES AVAILABLE FOR SALE32

SECURITIES AVAILABLE FOR SALE - Schedule of Amortized Cost and Fair Values of Securities Available for Sale by Contractual Maturity (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Amortized Cost
Due in one year or less	$ 0
Due after one year through five years	3,210
Due after five years through ten years	71,653
Due after ten years	90,583
Mortgage-backed securities and collateralized mortgage obligations	201,624
Total debt securities	367,070
Equity securities	50
Totals	367,120	$ 392,279
Fair Value
Due in one year or less	0
Due after one year through five years	3,358
Due after five years through ten years	75,769
Due after ten years	93,141
Mortgage-backed securities and collateralized mortgage obligations	202,556
Total debt securities	374,824
Equity securities	78
Totals	$ 374,902	$ 394,124

LOANS RECEIVABLE AND ALLOWANC33

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Additional Information (Detail)	Dec. 31, 2016	Dec. 31, 2015	Dec. 30, 2015	Sep. 30, 2016USD ($)note
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans that are deemed impaired, number of days past due (more than)				90 days
Number of notes split | note				2
Appraisals, required period interval				18 months
Minimum amount on which annual updated appraisals for classified loans is required | $				$ 250,000
Look-back period for historical losses		4 years	3 years
Look-back, loss history weight, most recent 12 months			50.00%
Look-back, loss history weight, 2 years ago			25.00%
Look-back, loss history weight, 3 years ago			25.00%
Forecast
Financing Receivable, Allowance for Credit Losses [Line Items]
Look-back period for historical losses	5 years
Maximum
Financing Receivable, Allowance for Credit Losses [Line Items]
Percentage of loan-to-value ratio upon loan origination				80.00%
Percentage of loan-to-value ratios of the value of the real estate taken as collateral				90.00%
Percentage of credit worthiness of the borrower				43.00%
Percentage of strong loan-to-value				70.00%
Historical loss percentage adjustment to anticipated loss allocation		1.50%		1.50%
Minimum
Financing Receivable, Allowance for Credit Losses [Line Items]
Historical loss percentage adjustment to anticipated loss allocation		(1.50%)		(1.50%)

LOANS RECEIVABLE AND ALLOWANC34

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Summary of Loan Portfolio, Excluding Residential Loans Held for Sale, Broken Out by Classes (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 847,061	$ 781,713
Commercial real estate | Owner-occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	111,437	103,578
Commercial real estate | Non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	192,449	145,401
Commercial real estate | Multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	39,394	35,109
Commercial real estate | Non-owner occupied residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	56,759	54,175
Acquisition and development | 1-4 family residential construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	6,379	9,364
Acquisition and development | Commercial and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	28,030	41,339
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	87,492	73,625
Municipal
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	54,241	57,511
Residential mortgage | First lien
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	134,498	126,022
Residential mortgage | Home equity - term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	14,896	17,337
Residential mortgage | Home equity - lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	114,274	110,731
Installment and other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 7,212	$ 7,521

LOANS RECEIVABLE AND ALLOWANC35

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Bank's Ratings Based on its Internal Risk Rating System (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 847,061	$ 781,713
Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	111,437	103,578
Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	192,449	145,401
Commercial real estate | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total Loans	39,394	35,109
Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	56,759	54,175
Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment [Line Items]
Total Loans	6,379	9,364
Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	28,030	41,339
Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total Loans	87,492	73,625
Municipal
Financing Receivable, Recorded Investment [Line Items]
Total Loans	54,241	57,511
Residential mortgage | First lien
Financing Receivable, Recorded Investment [Line Items]
Total Loans	134,498	126,022
Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment [Line Items]
Total Loans	14,896	17,337
Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment [Line Items]
Total Loans	114,274	110,731
Installment and other loans
Financing Receivable, Recorded Investment [Line Items]
Total Loans	7,212	7,521
Pass
Financing Receivable, Recorded Investment [Line Items]
Total Loans	798,109	738,022
Pass | Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	99,563	96,715
Pass | Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	168,158	125,043
Pass | Commercial real estate | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total Loans	37,108	31,957
Pass | Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	53,777	50,601
Pass | Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment [Line Items]
Total Loans	5,859	9,364
Pass | Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	27,371	40,181
Pass | Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total Loans	86,184	70,967
Pass | Municipal
Financing Receivable, Recorded Investment [Line Items]
Total Loans	54,241	57,511
Pass | Residential mortgage | First lien
Financing Receivable, Recorded Investment [Line Items]
Total Loans	130,139	121,214
Pass | Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment [Line Items]
Total Loans	14,802	17,234
Pass | Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment [Line Items]
Total Loans	113,704	109,731
Pass | Installment and other loans
Financing Receivable, Recorded Investment [Line Items]
Total Loans	7,203	7,504
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total Loans	24,445	18,431
Special Mention | Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	8,318	1,124
Special Mention | Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	12,261	12,394
Special Mention | Commercial real estate | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,284	1,779
Special Mention | Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,308	1,305
Special Mention | Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment [Line Items]
Total Loans	364	0
Special Mention | Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	11	219
Special Mention | Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total Loans	711	1,380
Special Mention | Municipal
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Special Mention | Residential mortgage | First lien
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Special Mention | Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Special Mention | Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment [Line Items]
Total Loans	188	230
Special Mention | Installment and other loans
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Non-Impaired Substandard
Financing Receivable, Recorded Investment [Line Items]
Total Loans	10,054	7,910
Non-Impaired Substandard | Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	2,077	3,630
Non-Impaired Substandard | Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	5,127	108
Non-Impaired Substandard | Commercial real estate | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total Loans	795	1,140
Non-Impaired Substandard | Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,167	1,374
Non-Impaired Substandard | Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment [Line Items]
Total Loans	156	0
Non-Impaired Substandard | Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	646	934
Non-Impaired Substandard | Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total Loans	34	544
Non-Impaired Substandard | Municipal
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Non-Impaired Substandard | Residential mortgage | First lien
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Non-Impaired Substandard | Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Non-Impaired Substandard | Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment [Line Items]
Total Loans	52	180
Non-Impaired Substandard | Installment and other loans
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Impaired - Substandard
Financing Receivable, Recorded Investment [Line Items]
Total Loans	13,579	17,350
Impaired - Substandard | Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,479	2,109
Impaired - Substandard | Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	6,253	7,856
Impaired - Substandard | Commercial real estate | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total Loans	207	233
Impaired - Substandard | Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	507	895
Impaired - Substandard | Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Impaired - Substandard | Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	2	5
Impaired - Substandard | Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total Loans	339	734
Impaired - Substandard | Municipal
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Impaired - Substandard | Residential mortgage | First lien
Financing Receivable, Recorded Investment [Line Items]
Total Loans	4,359	4,808
Impaired - Substandard | Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment [Line Items]
Total Loans	94	103
Impaired - Substandard | Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment [Line Items]
Total Loans	330	590
Impaired - Substandard | Installment and other loans
Financing Receivable, Recorded Investment [Line Items]
Total Loans	9	17
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total Loans	874	0
Doubtful | Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total Loans	650	0
Doubtful | Commercial real estate | Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total Loans	224	0
Doubtful | Municipal
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Residential mortgage | First lien
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Doubtful | Installment and other loans
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 0	$ 0

LOANS RECEIVABLE AND ALLOWANC36

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Impaired Loans by Class (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	$ 7,102	$ 1,982
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	7,439	2,016
Impaired Loans with a Specific Allowance, Related Allowance	874	289
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	7,351	15,368
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	10,445	18,541
Commercial real estate | Owner-occupied
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	0	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	0	0
Impaired Loans with a Specific Allowance, Related Allowance	0	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	1,479	2,109
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	2,673	3,344
Commercial real estate | Non-owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	6,095	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	6,428	0
Impaired Loans with a Specific Allowance, Related Allowance	650	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	808	7,856
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	1,405	8,600
Commercial real estate | Multi-family
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	0	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	0	0
Impaired Loans with a Specific Allowance, Related Allowance	0	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	207	233
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	372	385
Commercial real estate | Non-owner occupied residential
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	0	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	0	0
Impaired Loans with a Specific Allowance, Related Allowance	0	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	507	895
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	755	1,211
Acquisition and development | Commercial and land development
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	0	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	0	0
Impaired Loans with a Specific Allowance, Related Allowance	0	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	2	5
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	17	19
Commercial and industrial
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	224	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	227	0
Impaired Loans with a Specific Allowance, Related Allowance	158	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	339	734
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	392	780
Residential mortgage | First lien
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	781	1,952
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	781	1,984
Impaired Loans with a Specific Allowance, Related Allowance	64	271
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	3,578	2,856
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	4,261	3,369
Residential mortgage | Home equity - term
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	0	0
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	0	0
Impaired Loans with a Specific Allowance, Related Allowance	0	0
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	94	103
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	104	110
Residential mortgage | Home equity - lines of credit
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	0	22
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	0	23
Impaired Loans with a Specific Allowance, Related Allowance	0	10
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	330	568
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	432	688
Installment and other loans
Financing Receivable, Impaired [Line Items]
Impaired Loans with a Specific Allowance, Recorded Investment (Book Balance)	2	8
Impaired Loans with a Specific Allowance, Unpaid Principal Balance (Legal Balance)	3	9
Impaired Loans with a Specific Allowance, Related Allowance	2	8
Impaired Loans with No Specific Allowance, Recorded Investment (Book Balance)	7	9
Impaired Loans with No Specific Allowance, Unpaid Principal Balance (Legal Balance)	$ 34	$ 35

LOANS RECEIVABLE AND ALLOWANC37

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Average Recorded Investment in Impaired Loans and Related Interest Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	$ 14,667	$ 12,565	$ 15,899	$ 13,530
Interest Income Recognized	8	147	25	170
Commercial real estate | Owner-occupied
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	1,650	2,336	1,891	2,749
Interest Income Recognized	0	0	0	0
Commercial real estate | Non-owner occupied
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	6,979	2,900	7,334	2,120
Interest Income Recognized	0	0	0	0
Commercial real estate | Multi-family
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	212	369	221	452
Interest Income Recognized	0	0	0	0
Commercial real estate | Non-owner occupied residential
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	525	866	700	1,055
Interest Income Recognized	0	0	0	0
Acquisition and development | Commercial and land development
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	2	224	3	313
Interest Income Recognized	0	132	0	137
Commercial and industrial
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	494	797	577	1,346
Interest Income Recognized	0	0	0	0
Residential mortgage | First lien
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	4,366	4,280	4,587	4,771
Interest Income Recognized	8	15	25	33
Residential mortgage | Home equity - term
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	95	174	98	139
Interest Income Recognized	0	0	0	0
Residential mortgage | Home equity - lines of credit
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	334	599	474	562
Interest Income Recognized	0	0	0	0
Installment and other loans
Financing Receivable, Impaired [Line Items]
Average Impaired Balance	10	20	14	23
Interest Income Recognized	$ 0	$ 0	$ 0	$ 0

LOANS RECEIVABLE AND ALLOWANC38

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructurings (Detail)	Sep. 30, 2016USD ($)contract	Dec. 31, 2015USD ($)contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	22	21
Recorded Investment | $	$ 8,060,000	$ 1,956,000
Accruing
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	8	8
Recorded Investment | $	$ 901,000	$ 793,000
Nonaccruing
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	14	13
Recorded Investment | $	$ 7,159,000	$ 1,163,000
Residential mortgage | Accruing | First lien
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	8	8
Recorded Investment | $	$ 901,000	$ 793,000
Residential mortgage | Nonaccruing | First lien
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	12	12
Recorded Investment | $	$ 1,057,000	$ 1,153,000
Installment and other loans | Nonaccruing
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	1	1
Recorded Investment | $	$ 7,000	$ 10,000
Commercial real estate | Nonaccruing | Non-owner occupied
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	1	0
Recorded Investment | $	$ 6,095,000	$ 0

LOANS RECEIVABLE AND ALLOWANC39

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Number of Loans Modified and Their Pre-Modification and Post-Modification Investment Balances (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)contract	Sep. 30, 2015USD ($)contract	Sep. 30, 2016USD ($)contract	Sep. 30, 2015USD ($)contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	1	0	2	1
Pre- Modification Recorded Investment	$ 6,095	$ 0	$ 6,352	$ 59
Post Modification Recorded Investment	$ 6,095	$ 0	$ 6,352	$ 0
Commercial real estate | Non-owner occupied
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	1	0	1	0
Pre- Modification Recorded Investment	$ 6,095	$ 0	$ 6,095	$ 0
Post Modification Recorded Investment	$ 6,095	$ 0	$ 6,095	$ 0
Residential mortgage | First lien
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract			1	1
Pre- Modification Recorded Investment			$ 257	$ 59
Post Modification Recorded Investment			$ 257	$ 0

LOANS RECEIVABLE AND ALLOWANC40

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Restructured Loans Included in Nonaccrual Status were Modified as Troubled Debt Restructurings within Previous 12 Months and for which There was Payment Default (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)contract	Sep. 30, 2015USD ($)contract	Sep. 30, 2016USD ($)contract	Sep. 30, 2015USD ($)contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	0	0	0	4
Recorded Investment | $	$ 0	$ 0	$ 0	$ 308
Residential mortgage | First lien
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	0	0	0	4
Recorded Investment | $	$ 0	$ 0	$ 0	$ 308

LOANS RECEIVABLE AND ALLOWANC41

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Loan Portfolio Summarized by Aging Categories of Performing Loans and Nonaccrual Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 832,069	$ 762,600
Past Due	1,440	2,556
90+ (still accruing) Days Past Due	39	24
Non- Accrual	13,552	16,557
Total Loans	847,061	781,713
30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	855	2,278
60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	546	254
Commercial real estate | Owner-occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	109,958	101,395
Past Due	0	74
90+ (still accruing) Days Past Due	0	0
Non- Accrual	1,479	2,109
Total Loans	111,437	103,578
Commercial real estate | Owner-occupied | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	74
Commercial real estate | Owner-occupied | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial real estate | Non-owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	185,546	137,545
Past Due	0	0
90+ (still accruing) Days Past Due	0	0
Non- Accrual	6,903	7,856
Total Loans	192,449	145,401
Commercial real estate | Non-owner occupied | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial real estate | Non-owner occupied | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial real estate | Multi-family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	39,187	34,876
Past Due	0	0
90+ (still accruing) Days Past Due	0	0
Non- Accrual	207	233
Total Loans	39,394	35,109
Commercial real estate | Multi-family | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial real estate | Multi-family | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial real estate | Non-owner occupied residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	56,252	53,280
Past Due	0	0
90+ (still accruing) Days Past Due	0	0
Non- Accrual	507	895
Total Loans	56,759	54,175
Commercial real estate | Non-owner occupied residential | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Commercial real estate | Non-owner occupied residential | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Acquisition and development | 1-4 family residential construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	6,379	9,364
Past Due	0	0
90+ (still accruing) Days Past Due	0	0
Non- Accrual	0	0
Total Loans	6,379	9,364
Acquisition and development | 1-4 family residential construction | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Acquisition and development | 1-4 family residential construction | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Acquisition and development | Commercial and land development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	28,028	41,236
Past Due	0	98
90+ (still accruing) Days Past Due	0	0
Non- Accrual	2	5
Total Loans	28,030	41,339
Acquisition and development | Commercial and land development | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Acquisition and development | Commercial and land development | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	98
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	86,828	72,846
Past Due	100	45
90+ (still accruing) Days Past Due	0	0
Non- Accrual	564	734
Total Loans	87,492	73,625
Commercial and industrial | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	100	24
Commercial and industrial | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	21
Municipal
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	54,241	57,511
Past Due	0	0
90+ (still accruing) Days Past Due	0	0
Non- Accrual	0	0
Total Loans	54,241	57,511
Municipal | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Municipal | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	0	0
Residential mortgage | First lien
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	130,243	120,119
Past Due	798	1,888
90+ (still accruing) Days Past Due	0	0
Non- Accrual	3,457	4,015
Total Loans	134,498	126,022
Residential mortgage | First lien | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	345	1,844
Residential mortgage | First lien | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	453	44
Residential mortgage | Home equity - term
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	14,772	17,200
Past Due	30	34
90+ (still accruing) Days Past Due	0	0
Non- Accrual	94	103
Total Loans	14,896	17,337
Residential mortgage | Home equity - term | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	21	34
Residential mortgage | Home equity - term | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	9	0
Residential mortgage | Home equity - lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	113,448	109,740
Past Due	496	401
90+ (still accruing) Days Past Due	39	24
Non- Accrual	330	590
Total Loans	114,274	110,731
Residential mortgage | Home equity - lines of credit | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	382	286
Residential mortgage | Home equity - lines of credit | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	75	91
Installment and other loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	7,187	7,488
Past Due	16	16
90+ (still accruing) Days Past Due	0	0
Non- Accrual	9	17
Total Loans	7,212	7,521
Installment and other loans | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	7	16
Installment and other loans | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 9	$ 0

LOANS RECEIVABLE AND ALLOWANC42

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Activity in Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Activity in allowance for loan losses
Balance, beginning of period	$ 13,440	$ 13,852	$ 13,568	$ 14,747
Provision for loan losses	250	(603)	250	(603)
Charge-offs	(104)	(437)	(587)	(1,431)
Recoveries	264	725	619	824
Balance, end of period	13,850	13,537	13,850	13,537
Commercial
Activity in allowance for loan losses
Balance, beginning of period	9,929	9,815	9,803	11,148
Provision for loan losses	373	(526)	283	(1,307)
Charge-offs	0	(197)	(47)	(810)
Recoveries	126	685	389	746
Balance, end of period	10,428	9,777	10,428	9,777
Commercial | Commercial Real Estate
Activity in allowance for loan losses
Balance, beginning of period	8,133	8,132	7,883	9,462
Provision for loan losses	215	9	236	(804)
Charge-offs	0	(170)	(26)	(711)
Recoveries	124	64	379	88
Balance, end of period	8,472	8,035	8,472	8,035
Commercial | Acquisition and Development
Activity in allowance for loan losses
Balance, beginning of period	587	720	850	697
Provision for loan losses	89	(684)	(174)	(639)
Charge-offs	0	0	0	(22)
Recoveries	0	604	0	604
Balance, end of period	676	640	676	640
Commercial | Commercial and Industrial
Activity in allowance for loan losses
Balance, beginning of period	1,148	844	1,012	806
Provision for loan losses	76	151	225	202
Charge-offs	0	(27)	(21)	(77)
Recoveries	2	17	10	54
Balance, end of period	1,226	985	1,226	985
Commercial | Municipal
Activity in allowance for loan losses
Balance, beginning of period	61	119	58	183
Provision for loan losses	(7)	(2)	(4)	(66)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	54	117	54	117
Consumer
Activity in allowance for loan losses
Balance, beginning of period	2,886	3,100	2,991	2,381
Provision for loan losses	(122)	(46)	117	1,016
Charge-offs	(104)	(240)	(540)	(621)
Recoveries	138	40	230	78
Balance, end of period	2,798	2,854	2,798	2,854
Consumer | Residential Mortgage
Activity in allowance for loan losses
Balance, beginning of period	2,706	2,918	2,870	2,262
Provision for loan losses	(119)	(54)	(8)	919
Charge-offs	(57)	(222)	(381)	(574)
Recoveries	96	34	145	69
Balance, end of period	2,626	2,676	2,626	2,676
Consumer | Installment and Other
Activity in allowance for loan losses
Balance, beginning of period	180	182	121	119
Provision for loan losses	(3)	8	125	97
Charge-offs	(47)	(18)	(159)	(47)
Recoveries	42	6	85	9
Balance, end of period	172	178	172	178
Unallocated
Activity in allowance for loan losses
Balance, beginning of period	625	937	774	1,218
Provision for loan losses	(1)	(31)	(150)	(312)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	$ 624	$ 906	$ 624	$ 906

LOANS RECEIVABLE AND ALLOWANC43

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES - Summary of Ending Loan Balances Evaluated for Impairment and Related Allowance for Loan Losses Allocation (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	$ 14,453		$ 17,350
Loans, Collectively evaluated for impairment	832,608		764,363
Total Loans	847,061		781,713
Allowance for loan losses, Individually evaluated for impairment	874		289
Allowance for loan losses, Collectively evaluated for impairment	12,976		13,279
Allowance for loan losses, Total	13,850	$ 13,440	13,568	$ 13,537	$ 13,852	$ 14,747
Commercial and Industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	87,492		73,625
Municipal
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	54,241		57,511
Installment and other loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	7,212		7,521
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	9,661		11,832
Loans, Collectively evaluated for impairment	566,520		508,270
Total Loans	576,181		520,102
Allowance for loan losses, Individually evaluated for impairment	808		0
Allowance for loan losses, Collectively evaluated for impairment	9,620		9,803
Allowance for loan losses, Total	10,428	9,929	9,803	9,777	9,815	11,148
Commercial | Commercial Real Estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	9,096		11,093
Loans, Collectively evaluated for impairment	390,943		327,170
Total Loans	400,039		338,263
Allowance for loan losses, Individually evaluated for impairment	650		0
Allowance for loan losses, Collectively evaluated for impairment	7,822		7,883
Allowance for loan losses, Total	8,472	8,133	7,883	8,035	8,132	9,462
Commercial | Acquisition and Development
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	2		5
Loans, Collectively evaluated for impairment	34,407		50,698
Total Loans	34,409		50,703
Allowance for loan losses, Individually evaluated for impairment	0		0
Allowance for loan losses, Collectively evaluated for impairment	676		850
Allowance for loan losses, Total	676	587	850	640	720	697
Commercial | Commercial and Industrial
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	563		734
Loans, Collectively evaluated for impairment	86,929		72,891
Total Loans	87,492		73,625
Allowance for loan losses, Individually evaluated for impairment	158		0
Allowance for loan losses, Collectively evaluated for impairment	1,068		1,012
Allowance for loan losses, Total	1,226	1,148	1,012	985	844	806
Commercial | Municipal
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	0		0
Loans, Collectively evaluated for impairment	54,241		57,511
Total Loans	54,241		57,511
Allowance for loan losses, Individually evaluated for impairment	0		0
Allowance for loan losses, Collectively evaluated for impairment	54		58
Allowance for loan losses, Total	54	61	58	117	119	183
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	4,792		5,518
Loans, Collectively evaluated for impairment	266,088		256,093
Total Loans	270,880		261,611
Allowance for loan losses, Individually evaluated for impairment	66		289
Allowance for loan losses, Collectively evaluated for impairment	2,732		2,702
Allowance for loan losses, Total	2,798	2,886	2,991	2,854	3,100	2,381
Consumer | Residential Mortgage
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	4,783		5,501
Loans, Collectively evaluated for impairment	258,885		248,589
Total Loans	263,668		254,090
Allowance for loan losses, Individually evaluated for impairment	64		281
Allowance for loan losses, Collectively evaluated for impairment	2,562		2,589
Allowance for loan losses, Total	2,626	2,706	2,870	2,676	2,918	2,262
Consumer | Installment and other loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	9		17
Loans, Collectively evaluated for impairment	7,203		7,504
Total Loans	7,212		7,521
Allowance for loan losses, Individually evaluated for impairment	2		8
Allowance for loan losses, Collectively evaluated for impairment	170		113
Allowance for loan losses, Total	172	180	121	178	182	119
Unallocated
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Individually evaluated for impairment	0		0
Loans, Collectively evaluated for impairment	0		0
Total Loans	0		0
Allowance for loan losses, Individually evaluated for impairment	0		0
Allowance for loan losses, Collectively evaluated for impairment	624		774
Allowance for loan losses, Total	$ 624	$ 625	$ 774	$ 906	$ 937	$ 1,218

INCOME TAXES - Components of In

INCOME TAXES - Components of Income Tax Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Current year provision (benefit):
Federal	$ 1,066	$ (104)	$ 1,192	$ (63)
State	8	(1)	5	7
Current year provision (benefit)	1,074	(105)	1,197	(56)
Deferred tax expense (benefit):
Federal	(948)	561	(216)	1,538
State	(1)	6	10	16
Deferred tax expense	(949)	567	(206)	1,554
Net income tax expense	$ 125	$ 462	$ 991	$ 1,498

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($)	Jan. 01, 2016	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income tax expense related to net securities gains		$ 0	$ 10,000		$ 483,000	$ 669,000
Federal statutory rate	34.00%	35.00%
Increase (decrease) in deferred income tax expense		$ (59,000)		$ 235,000	$ 176,000

INCOME TAXES - Components of Ne

INCOME TAXES - Components of Net Deferred Tax Asset (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Deferred tax assets:
Allowance for loan losses	$ 5,059	$ 5,111
Deferred compensation	532	547
Retirement plans and salary continuation	1,904	1,824
Share-based compensation	521	343
Off balance sheet reserves	301	218
Nonaccrual loan interest	415	246
Goodwill	99	124
Bonus accrual	127	359
Low income housing credit carryforward	1,900	1,652
Alternative minimum tax credit carryforward	3,648	2,195
Charitable contribution carryforward	50	211
Net operating loss carryforward	2,591	4,431
Other	420	182
Total deferred tax assets	17,567	17,443
Deferred tax liabilities:
Depreciation	719	815
Net unrealized gains on securities available for sale	2,646	646
Mortgage servicing rights	704	669
Purchase accounting adjustments	320	352
Other	192	181
Total deferred tax liabilities	4,581	2,663
Net deferred tax asset	$ 12,986	$ 14,780

SHARE-BASED COMPENSATION PLAN47

SHARE-BASED COMPENSATION PLANS - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	May 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of treasury stock, shares			15,334
Orrstown 2011 Incentive Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved to be issued						381,920
Number of shares available to be issued under employee stock purchase plan	132,945		132,945
Orrstown 2011 Incentive Stock Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense on restricted stock awards	$ 266,000	$ 229,000	$ 762,000	$ 525,000
Tax benefits from compensation expense	85,000	$ 80,000	259,000	$ 184,000
Unrecognized compensation expense	2,321,000		$ 2,321,000		$ 2,293,000
Unrecognized compensation expense, recognition period			2 years 6 months 26 days
Intrinsic value of restricted share awards that vested during period			$ 237,000
Orrstown 2011 Incentive Stock Plan | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of options outstanding and exercisable	$ 0		$ 0		$ 0
Orrstown 2011 Incentive Stock Plan | Employee Stock Option | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term to exercise option			10 years
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved to be issued	350,000		350,000
Number of shares available to be issued under employee stock purchase plan	186,004		186,004
Maximum shares purchase, as percentage of salary	10.00%		10.00%
Percentage of value of the shares on the semi-annual offering			95.00%
Issuance of treasury stock, shares	3,873	3,341	6,334	6,305
Weighted average price (in usd per share)	$ 16.68	$ 15.91	$ 16.64	$ 15.83
Compensation expense recognized	$ 14,000	$ 5,000	$ 17,000	$ 8,000

SHARE-BASED COMPENSATION PLAN48

SHARE-BASED COMPENSATION PLANS - Summary of Outstanding Nonvested Restricted Shares (Details) - Orrstown 2011 Incentive Stock Plan - Restricted Stock	9 Months Ended
	Sep. 30, 2016$ / sharesshares
Shares
Nonvested shares, beginning of year (in shares) | shares	197,381
Granted (in shares) | shares	50,045
Forfeited (in shares) | shares	(3,583)
Vested (in shares) | shares	(12,500)
Nonvested shares, at period end (in shares) | shares	231,343
Weighted Average Grant Date Fair Value
Nonvested shares, beginning of year (in usd per share) | $ / shares	$ 16.17
Granted (in usd per share) | $ / shares	18.12
Forfeited (in usd per share) | $ / shares	16.91
Vested (in usd per share) | $ / shares	15.97
Nonvested shares, at period end (in usd per share) | $ / shares	$ 16.59

SHARE-BASED COMPENSATION PLAN49

SHARE-BASED COMPENSATION PLANS - Summary of Outstanding Stock Options (Detail) - Orrstown 2011 Incentive Stock Plan - Employee Stock Option	9 Months Ended
	Sep. 30, 2016$ / sharesshares
Shares
Outstanding at beginning of year (in shares) | shares	101,460
Forfeited (in shares) | shares	(2,725)
Expired (in shares) | shares	(18,265)
Options outstanding and exercisable, at period end (in shares) | shares	80,470
Weighted Average Exercise Price
Outstanding at beginning of year (in usd per share) | $ / shares	$ 28.72
Forfeited (in usd per share) | $ / shares	25.78
Expired (in usd per share) | $ / shares	35.11
Options outstanding and exercisable, at period end (in usd per share) | $ / shares	$ 27.36

SHARE-BASED COMPENSATION PLAN50

SHARE-BASED COMPENSATION PLANS - Information Pertaining to Outstanding and Exercisable Options (Detail) - Orrstown 2011 Incentive Stock Plan - Employee Stock Option	9 Months Ended
	Sep. 30, 2016$ / sharesshares
Range of Exercise Prices
Range of Exercise Prices, Minimum (in usd per share)	$ 21.14
Range of Exercise Prices, Maximum (in usd per share)	37.59
$21.14 - $24.99
Range of Exercise Prices
Range of Exercise Prices, Minimum (in usd per share)	21.14
Range of Exercise Prices, Maximum (in usd per share)	$ 24.99
Number Outstanding (in shares) | shares	35,099
Weighted Average Remaining Contractual Life	3 years 7 months 28 days
Weighted Average Exercise Price (in usd per share)	$ 21.47
$25.00 - $29.99
Range of Exercise Prices
Range of Exercise Prices, Minimum (in usd per share)	25
Range of Exercise Prices, Maximum (in usd per share)	$ 29.99
Number Outstanding (in shares) | shares	2,792
Weighted Average Remaining Contractual Life	3 years 6 months
Weighted Average Exercise Price (in usd per share)	$ 25.76
$30.00 - $34.99
Range of Exercise Prices
Range of Exercise Prices, Minimum (in usd per share)	30
Range of Exercise Prices, Maximum (in usd per share)	$ 34.99
Number Outstanding (in shares) | shares	35,231
Weighted Average Remaining Contractual Life	1 year 2 months 5 days
Weighted Average Exercise Price (in usd per share)	$ 31.34
$35.00 - $37.59
Range of Exercise Prices
Range of Exercise Prices, Minimum (in usd per share)	35
Range of Exercise Prices, Maximum (in usd per share)	$ 37.59
Number Outstanding (in shares) | shares	7,348
Weighted Average Remaining Contractual Life	2 years 9 months 22 days
Weighted Average Exercise Price (in usd per share)	$ 37.08
$21.14 - $37.59
Range of Exercise Prices
Number Outstanding (in shares) | shares	80,470
Weighted Average Remaining Contractual Life	2 years 5 months 27 days
Weighted Average Exercise Price (in usd per share)	$ 27.36

SHAREHOLDERS_ EQUITY AND REGU51

SHAREHOLDERS’ EQUITY AND REGULATORY CAPITAL - Narrative (Details) - USD ($)	13 Months Ended
	Sep. 30, 2016	Jan. 19, 2016	Sep. 14, 2015
Equity [Abstract]
Aggregate capital, amount		$ 100,000,000
Equity, Class of Treasury Stock [Line Items]
Number of shares authorized to be repurchased			416,000
Acquisition of treasury stock (in shares)	82,725
Acquisition of treasury stock	$ 1,438,000
Acquisition of treasury stock (in usd per share)	$ 17.38
Maximum
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program authorized, maximum percentage of outstanding shares of common stock			5.00%

SHAREHOLDERS_ EQUITY AND REGU52

SHAREHOLDERS’ EQUITY AND REGULATORY CAPITAL - Bank's Actual Capital Ratios (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Orrstown Financial Services, Inc.
Total capital to risk weighted assets
Actual, Amount	$ 138,574	$ 134,562
Actual, Ratio	14.90%	15.80%
Minimum Capital Requirement, Amount	$ 74,381	$ 68,078
Minimum Capital Requirement, Ratio	8.00%	8.00%
Tier 1 capital to risk weighted assets
Actual, Amount	$ 126,876	$ 123,825
Actual, Ratio	13.70%	14.60%
Minimum Capital Requirement, Amount	$ 55,786	$ 51,058
Minimum Capital Requirement, Ratio	6.00%	6.00%
CET1 to risk weighted assets
Actual, Amount	$ 126,876	$ 123,825
Actual, Ratio	13.70%	14.60%
Minimum Capital Requirement, Amount	$ 41,839	$ 38,294
Minimum Capital Requirement, Ratio	4.50%	4.50%
Tier 1 capital to average assets
Actual, Amount	$ 126,876	$ 123,825
Actual, Ratio	9.60%	9.80%
Minimum Capital Requirement, Amount	$ 52,847	$ 50,684
Minimum Capital Requirement, Ratio	4.00%	4.00%
Orrstown Bank
Total capital to risk weighted assets
Actual, Amount	$ 124,299	$ 118,671
Actual, Ratio	13.40%	14.00%
Minimum Capital Requirement, Amount	$ 74,322	$ 68,027
Minimum Capital Requirement, Ratio	8.00%	8.00%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 92,902	$ 85,034
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 capital to risk weighted assets
Actual, Amount	$ 112,610	$ 107,942
Actual, Ratio	12.10%	12.70%
Minimum Capital Requirement, Amount	$ 55,741	$ 51,021
Minimum Capital Requirement, Ratio	6.00%	6.00%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 74,322	$ 68,027
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
CET1 to risk weighted assets
Actual, Amount	$ 112,610	$ 107,942
Actual, Ratio	12.10%	12.70%
Minimum Capital Requirement, Amount	$ 41,806	$ 38,265
Minimum Capital Requirement, Ratio	4.50%	4.50%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 60,386	$ 55,272
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier 1 capital to average assets
Actual, Amount	$ 112,610	$ 107,942
Actual, Ratio	8.50%	8.50%
Minimum Capital Requirement, Amount	$ 52,851	$ 50,695
Minimum Capital Requirement, Ratio	4.00%	4.00%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 66,064	$ 63,368
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

EARNINGS PER SHARE - Calculatio

EARNINGS PER SHARE - Calculation of Basic and Diluted Earnings per Share(Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 1,442	$ 2,461	$ 4,700	$ 6,425
Weighted average shares outstanding (basic)	8,056	8,119	8,060	8,115
Impact of common stock equivalents (in shares)	93	38	82	28
Weighted average shares outstanding (diluted)	8,149	8,157	8,142	8,143
Per share information:
Basic earnings per share (usd per share)	$ 0.18	$ 0.30	$ 0.58	$ 0.79
Diluted earnings per share (usd per share)	$ 0.18	$ 0.30	$ 0.58	$ 0.79

EARNINGS PER SHARE - Additional

EARNINGS PER SHARE - Additional Information (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from diluted earnings per share (in shares)	81	102	93	112

FINANCIAL INSTRUMENTS WITH OF55

FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK - Commitments and Conditional Obligations (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Revolving, open ended home equity loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contract or Notional Amount	$ 122,959	$ 110,473
1-4 family residential construction loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contract or Notional Amount	10,624	6,153
Commercial real estate, construction and land development loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contract or Notional Amount	44,765	14,174
Commercial, industrial and other loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contract or Notional Amount	122,136	84,480
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contract or Notional Amount	$ 7,865	$ 6,510

FINANCIAL INSTRUMENTS WITH OF56

FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Reserve for off-balance sheet credit exposures	$ 862		$ 862		$ 472
Amount expensed to (recovered from) calculation of reserves based on historical loss experience	91	$ (45)	390	$ (30)
Mortgage Partnership Finance Program
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Sum of total loans sold under the MPF Program	38,538		38,538		44,124
Limited recourse debt	8,199		8,199		$ 8,230
Other expenses, loss (recovery) estimate	$ 0	$ (32)	$ (112)	$ 127

FAIR VALUE DISCLOSURES - Additi

FAIR VALUE DISCLOSURES - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Allowance for loan losses	$ 2,695,000		$ 2,695,000		$ 2,246,000
Specific charges to value the real estate owned	204,000		204,000		129,000
Changes in the fair value of foreclosed real estate	42,000	$ 21,000	109,000	$ 21,000
Mortgage servicing rights	704,000		$ 704,000		669,000
Short term borrowing maturity period			90 days
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Changes in the fair value of impaired loans	684,000	$ 75,000	$ 815,000	$ 766,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value liabilities	0		0		0
Mortgage servicing rights	139,000		139,000		$ 0
Impairment charges	$ 128,000		$ 139,000

FAIR VALUE DISCLOSURES - Summar

FAIR VALUE DISCLOSURES - Summary of Assets Measured at Estimated Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 374,902	$ 394,124
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	374,902	394,124
Fair Value, Measurements, Recurring | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	374,824	394,051
Fair Value, Measurements, Recurring | Debt Securities | U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	41,869	47,227
Fair Value, Measurements, Recurring | Debt Securities | States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	130,399	125,961
Fair Value, Measurements, Recurring | Debt Securities | U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	123,881	132,349
Fair Value, Measurements, Recurring | Debt Securities | GSE residential collateralized mortgage obligations (CMOs)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	72,698	15,843
Fair Value, Measurements, Recurring | Debt Securities | GSE commercial CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		63,770
Fair Value, Measurements, Recurring | Debt Securities | Private label CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	5,977	8,901
Fair Value, Measurements, Recurring | Equity securities | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	78	73
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities | U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities | States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities | U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities | GSE residential collateralized mortgage obligations (CMOs)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities | GSE commercial CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities | Private label CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 1 | Equity securities | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	374,902	394,124
Fair Value, Measurements, Recurring | Level 2 | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	374,824	394,051
Fair Value, Measurements, Recurring | Level 2 | Debt Securities | U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	41,869	47,227
Fair Value, Measurements, Recurring | Level 2 | Debt Securities | States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	130,399	125,961
Fair Value, Measurements, Recurring | Level 2 | Debt Securities | U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	123,881	132,349
Fair Value, Measurements, Recurring | Level 2 | Debt Securities | GSE residential collateralized mortgage obligations (CMOs)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	72,698	15,843
Fair Value, Measurements, Recurring | Level 2 | Debt Securities | GSE commercial CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		63,770
Fair Value, Measurements, Recurring | Level 2 | Debt Securities | Private label CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	5,977	8,901
Fair Value, Measurements, Recurring | Level 2 | Equity securities | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	78	73
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities | U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities | States and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities | U.S. Government Sponsored Enterprises (GSE) residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities | GSE residential collateralized mortgage obligations (CMOs)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities | GSE commercial CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		0
Fair Value, Measurements, Recurring | Level 3 | Debt Securities | Private label CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Measurements, Recurring | Level 3 | Equity securities | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

FAIR VALUE DISCLOSURES - Summ59

FAIR VALUE DISCLOSURES - Summary of Additional Qualitative Information (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Impaired loans | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Valuation Techniques	Appraisal of collateral	Appraisal of collateral
Foreclosed real estate | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Valuation Techniques	Appraisal of collateral	Appraisal of collateral
Mortgage servicing rights | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Valuation Techniques	Discounted cash flows
Fair Value, Measurements, Nonrecurring | Impaired loans | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Estimate	$ 9,841	$ 4,757
Fair Value, Measurements, Nonrecurring | Impaired loans | Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	0.00%	6.00%
Fair Value, Measurements, Nonrecurring | Impaired loans | Minimum | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	0.00%	0.00%
Fair Value, Measurements, Nonrecurring | Impaired loans | Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	41.00%	44.00%
Fair Value, Measurements, Nonrecurring | Impaired loans | Maximum | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	68.00%	70.00%
Fair Value, Measurements, Nonrecurring | Foreclosed real estate | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Estimate	$ 149	$ 175
Fair Value, Measurements, Nonrecurring | Foreclosed real estate | Minimum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	3.00%	5.00%
Fair Value, Measurements, Nonrecurring | Foreclosed real estate | Minimum | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	15.00%	10.00%
Fair Value, Measurements, Nonrecurring | Foreclosed real estate | Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	6.00%	6.00%
Fair Value, Measurements, Nonrecurring | Foreclosed real estate | Maximum | Appraisal of collateral
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate range (percentage)	100.00%	20.00%
Fair Value, Measurements, Nonrecurring | Mortgage servicing rights | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Estimate	$ 2,532
Discount rate range (percentage)	9.55%
Fair Value, Measurements, Nonrecurring | Mortgage servicing rights | Weighted average CPR | Discounted cash flows
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted average CPR (percentage)	12.80%

FAIR VALUE DISCLOSURES - Summ60

FAIR VALUE DISCLOSURES - Summary of Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate	$ 719	$ 710
Mortgage servicing rights	2,671	2,672
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	9,841	4,757
Foreclosed real estate	149	175
Mortgage servicing rights	2,532
Fair Value, Measurements, Nonrecurring | Commercial real estate | Owner-occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	823	881
Fair Value, Measurements, Nonrecurring | Commercial real estate | Non-owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	6,181	736
Fair Value, Measurements, Nonrecurring | Commercial real estate | Multi-family
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	207	233
Fair Value, Measurements, Nonrecurring | Commercial real estate | Non-owner occupied residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	425	570
Fair Value, Measurements, Nonrecurring | Acquisition and development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate		74
Fair Value, Measurements, Nonrecurring | Acquisition and development | Commercial and land development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	2	5
Foreclosed real estate	22
Fair Value, Measurements, Nonrecurring | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	66
Fair Value, Measurements, Nonrecurring | Residential mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate	127	101
Fair Value, Measurements, Nonrecurring | Residential mortgage | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	1,980	2,094
Fair Value, Measurements, Nonrecurring | Residential mortgage | Home equity - lines of credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	150	229
Fair Value, Measurements, Nonrecurring | Installment and other loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	7	9
Fair Value, Measurements, Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Foreclosed real estate	0	0
Mortgage servicing rights	0
Fair Value, Measurements, Nonrecurring | Level 1 | Commercial real estate | Owner-occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Commercial real estate | Non-owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Commercial real estate | Multi-family
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Commercial real estate | Non-owner occupied residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Acquisition and development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate		0
Fair Value, Measurements, Nonrecurring | Level 1 | Acquisition and development | Commercial and land development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Foreclosed real estate	0
Fair Value, Measurements, Nonrecurring | Level 1 | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0
Fair Value, Measurements, Nonrecurring | Level 1 | Residential mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Residential mortgage | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Residential mortgage | Home equity - lines of credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 1 | Installment and other loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Foreclosed real estate	0	0
Mortgage servicing rights	2,532
Fair Value, Measurements, Nonrecurring | Level 2 | Commercial real estate | Owner-occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Commercial real estate | Non-owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Commercial real estate | Multi-family
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Commercial real estate | Non-owner occupied residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Acquisition and development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate		0
Fair Value, Measurements, Nonrecurring | Level 2 | Acquisition and development | Commercial and land development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Foreclosed real estate	0
Fair Value, Measurements, Nonrecurring | Level 2 | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0
Fair Value, Measurements, Nonrecurring | Level 2 | Residential mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Residential mortgage | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Residential mortgage | Home equity - lines of credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 2 | Installment and other loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	0	0
Fair Value, Measurements, Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	9,841	4,757
Foreclosed real estate	149	175
Mortgage servicing rights	0
Fair Value, Measurements, Nonrecurring | Level 3 | Commercial real estate | Owner-occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	823	881
Fair Value, Measurements, Nonrecurring | Level 3 | Commercial real estate | Non-owner occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	6,181	736
Fair Value, Measurements, Nonrecurring | Level 3 | Commercial real estate | Multi-family
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	207	233
Fair Value, Measurements, Nonrecurring | Level 3 | Commercial real estate | Non-owner occupied residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	425	570
Fair Value, Measurements, Nonrecurring | Level 3 | Acquisition and development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate		74
Fair Value, Measurements, Nonrecurring | Level 3 | Acquisition and development | Commercial and land development
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	2	5
Foreclosed real estate	22
Fair Value, Measurements, Nonrecurring | Level 3 | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	66
Fair Value, Measurements, Nonrecurring | Level 3 | Residential mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed real estate	127	101
Fair Value, Measurements, Nonrecurring | Level 3 | Residential mortgage | First lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	1,980	2,094
Fair Value, Measurements, Nonrecurring | Level 3 | Residential mortgage | Home equity - lines of credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	150	229
Fair Value, Measurements, Nonrecurring | Level 3 | Installment and other loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, net	$ 7	$ 9

FAIR VALUE DISCLOSURES - Financ

FAIR VALUE DISCLOSURES - Financial Instruments at Estimated Fair Values (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financial Assets
Interest bearing deposits with banks	$ 19,854	$ 16,928
Restricted investments in bank stocks	6,615	8,720
Securities available for sale	374,902	394,124
Carrying Amount
Financial Assets
Cash and due from banks	17,787	11,412
Interest bearing deposits with banks	19,854	16,928
Restricted investments in bank stocks	6,615	8,720
Securities available for sale	374,902	394,124
Loans held for sale	3,956	5,917
Loans, net of allowance for loan losses	833,211	768,145
Accrued interest receivable	3,690	3,845
Financial Liabilities
Deposits	1,133,332	1,032,167
Short-term borrowings	42,852	89,156
Long-term debt	24,247	24,495
Accrued interest payable	350	366
Off-balance sheet instruments	0	0
Fair Value
Financial Assets
Cash and due from banks	17,787	11,412
Interest bearing deposits with banks	19,854	16,928
Securities available for sale	374,902	394,124
Loans held for sale	4,066	6,045
Loans, net of allowance for loan losses	847,597	776,067
Accrued interest receivable	3,690	3,845
Financial Liabilities
Deposits	1,140,146	1,032,265
Short-term borrowings	42,852	89,156
Long-term debt	25,162	25,357
Accrued interest payable	350	366
Off-balance sheet instruments	0	0
Fair Value | Level 1
Financial Assets
Cash and due from banks	17,787	11,412
Interest bearing deposits with banks	19,854	16,928
Securities available for sale	0	0
Loans held for sale	0	0
Loans, net of allowance for loan losses	0	0
Accrued interest receivable	0	0
Financial Liabilities
Deposits	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Accrued interest payable	0	0
Off-balance sheet instruments	0	0
Fair Value | Level 2
Financial Assets
Cash and due from banks	0	0
Interest bearing deposits with banks	0	0
Securities available for sale	374,902	394,124
Loans held for sale	4,066	6,045
Loans, net of allowance for loan losses	0	0
Accrued interest receivable	1,869	2,257
Financial Liabilities
Deposits	1,140,146	1,032,265
Short-term borrowings	42,852	89,156
Long-term debt	25,162	25,357
Accrued interest payable	350	366
Off-balance sheet instruments	0	0
Fair Value | Level 3
Financial Assets
Cash and due from banks	0	0
Interest bearing deposits with banks	0	0
Securities available for sale	0	0
Loans held for sale	0	0
Loans, net of allowance for loan losses	847,597	776,067
Accrued interest receivable	1,821	1,588
Financial Liabilities
Deposits	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Accrued interest payable	0	0
Off-balance sheet instruments	$ 0	$ 0

CONTINGENCIES (Detail)

CONTINGENCIES (Detail) $ in Millions	Jun. 22, 2015	Jun. 30, 2016USD ($)	Sep. 30, 2016claim
Commitments and Contingencies Disclosure [Abstract]
Legal proceedings | claim			0
Number of days to file an amendment or stand on current amended complaint	30 days
Legal reserve established pertaining to the Commission's investigation | $		$ 1