Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2018 | Aug. 01, 2018 | |
Document And Entity Information [Abstract] | ||
Entity Registrant Name | EVANS BANCORP INC | |
Entity Filer Category | Accelerated Filer | |
Entity Central Index Key | 842,518 | |
Amendment Flag | false | |
Document Type | 10-Q | |
Document Fiscal Period Focus | Q2 | |
Document Period End Date | Jun. 30, 2018 | |
Document Fiscal Year Focus | 2,018 | |
Current Fiscal Year End Date | --12-31 | |
Entity Common Stock, Shares Outstanding | 4,821,381 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
ASSETS | ||
Cash and due from banks | $ 13,324 | $ 13,751 |
Interest-bearing deposits at banks | 3,441 | 7,579 |
Securities: | ||
Available for sale, at fair value (amortized cost: $146,106 at June 30, 2018; $145,232 at December 31, 2017) | 141,933 | 143,818 |
Held to maturity, at amortized cost (fair value: $4,609 at June 30, 2018; $5,261 at December 31, 2017) | 4,637 | 5,334 |
Equity securities, at fair value at June 30, 2018; at cost at December 31, 2017 | 2,058 | 580 |
Federal Home Loan Bank common stock, at cost | 1,475 | 4,863 |
Federal Reserve Bank common stock, at cost | 1,924 | 1,916 |
Loans, net of allowance for loan losses of $15,235 at June 30, 2018 and $14,019 at December 31, 2017 | 1,110,660 | 1,051,296 |
Properties and equipment, net of accumulated depreciation of $18,800 at June 30, 2018 and $18,255 at December 31, 2017 | 10,331 | 10,564 |
Goodwill and intangible assets | 8,496 | 8,553 |
Bank-owned life insurance | 28,072 | 27,729 |
Other assets | 19,740 | 19,650 |
TOTAL ASSETS | 1,346,091 | 1,295,633 |
Deposits: | ||
Demand | 224,373 | 219,664 |
NOW | 121,170 | 109,378 |
Savings | 595,500 | 535,730 |
Time | 241,425 | 186,457 |
Total deposits | 1,182,468 | 1,051,229 |
Securities sold under agreement to repurchase | 4,018 | 9,289 |
Other borrowings | 10,000 | 88,250 |
Other liabilities | 14,700 | 17,193 |
Junior subordinated debentures | 11,330 | 11,330 |
Total liabilities | 1,222,516 | 1,177,291 |
CONTINGENT LIABILITIES AND COMMITMENTS | ||
STOCKHOLDERS' EQUITY: | ||
Common stock, $.50 par value, 10,000,000 shares authorized; 4,821,381 and 4,783,562 shares issued at June 30, 2018 and December 31, 2017, respectively, and 4,821,381 and 4,782,505 outstanding at June 30, 2018 and December 31, 2017, respectively | 2,413 | 2,394 |
Capital surplus | 60,220 | 59,444 |
Treasury stock, at cost, 0 and 1,057 shares at June 30, 2018 and December 31, 2017, respectively | ||
Retained earnings | 66,325 | 59,921 |
Accumulated other comprehensive loss, net of tax | (5,383) | (3,417) |
Total stockholders' equity | 123,575 | 118,342 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 1,346,091 | $ 1,295,633 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Securities: | ||
Available for sale, amortized cost | $ 146,106 | $ 145,232 |
Held to maturity, fair value | 4,609 | 5,261 |
Loans, allowance for loan losses | 15,235 | 14,019 |
Properties and equipment, accumulated depreciation | $ 18,800 | $ 18,255 |
STOCKHOLDERS' EQUITY: | ||
Common stock, par value | $ 0.50 | $ 0.50 |
Common stock, shares authorized | 10,000,000 | 10,000,000 |
Common stock, shares issued | 4,821,381 | 4,783,562 |
Common stock, shares outstanding | 4,821,381 | 4,782,505 |
Treasury stock, shares | 0 | 1,057 |
Consolidated Statements Of Inco
Consolidated Statements Of Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
INTEREST INCOME | ||||
Loans | $ 13,199 | $ 10,646 | $ 25,562 | $ 20,892 |
Interest bearing deposits at banks | 15 | 43 | 25 | 55 |
Securities: | ||||
Taxable | 863 | 563 | 1,660 | 999 |
Non-taxable | 170 | 210 | 366 | 434 |
Total interest income | 14,247 | 11,462 | 27,613 | 22,380 |
INTEREST EXPENSE | ||||
Deposits | 1,759 | 1,190 | 3,257 | 2,306 |
Other borrowings | 160 | 50 | 458 | 108 |
Junior subordinated debentures | 132 | 104 | 250 | 204 |
Total interest expense | 2,051 | 1,344 | 3,965 | 2,618 |
NET INTEREST INCOME | 12,196 | 10,118 | 23,648 | 19,762 |
PROVISION (CREDIT) FOR LOAN LOSSES | 659 | 410 | 1,426 | (25) |
NET INTEREST INCOME (EXPENSE) AFTER PROVISION FOR LOAN LOSSES | 11,537 | 9,708 | 22,222 | 19,787 |
NON-INTEREST INCOME | ||||
Deposit service charges | 525 | 428 | 1,034 | 818 |
Insurance service and fees | 1,952 | 1,912 | 3,917 | 4,080 |
Gain on loans sold | 52 | 70 | ||
Bank-owned life insurance | 178 | 142 | 349 | 272 |
Loss on tax credit investment | (919) | (919) | ||
Refundable state historic tax credit | 647 | 647 | ||
Interchange fee income | 420 | 379 | 912 | 723 |
Other | 564 | 448 | 1,213 | 920 |
Total non-interest income | 3,639 | 3,089 | 7,425 | 6,611 |
NON-INTEREST EXPENSE | ||||
Salaries and employee benefits | 6,475 | 5,959 | 13,102 | 11,605 |
Occupancy | 727 | 775 | 1,485 | 1,550 |
Advertising and public relations | 326 | 216 | 450 | 406 |
Professional services | 626 | 550 | 1,279 | 1,152 |
Technology and communications | 847 | 804 | 1,611 | 1,411 |
Amortization of intangibles | 28 | 28 | 56 | 56 |
FDIC insurance | 246 | 129 | 478 | 356 |
Other | 958 | 856 | 1,943 | 1,836 |
Total non-interest expense | 10,233 | 9,317 | 20,404 | 18,372 |
INCOME BEFORE INCOME TAXES | 4,943 | 3,480 | 9,243 | 8,026 |
INCOME TAX PROVISION | 1,152 | 862 | 2,133 | 2,262 |
NET INCOME | $ 3,791 | $ 2,618 | $ 7,110 | $ 5,764 |
Net income per common share-basic | $ 0.79 | $ 0.55 | $ 1.48 | $ 1.23 |
Net income per common share-diluted | 0.77 | 0.54 | 1.44 | 1.20 |
Cash dividends per common share | $ 0.46 | $ 0.40 | ||
Weighted average number of common shares outstanding | 4,810,487 | 4,764,080 | 4,799,229 | 4,699,447 |
Weighted average number of diluted shares outstanding | 4,933,522 | 4,880,454 | 4,926,385 | 4,819,375 |
Statements Of Consolidated Comp
Statements Of Consolidated Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | ||
Statements Of Consolidated Comprehensive Income [Abstract] | |||||
NET INCOME | $ 3,791 | $ 2,618 | $ 7,110 | $ 5,764 | |
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX: | |||||
Unrealized (loss) gain on available-for-sale securities | (684) | 3 | (2,044) | 190 | |
Defined benefit pension plans: | |||||
Amortization of prior service cost | [1] | 5 | 5 | 11 | 15 |
Amortization of actuarial loss | [1] | 31 | 26 | 67 | 79 |
Net change, Net-of-Tax Amount | 36 | 31 | 78 | 94 | |
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX | (648) | 34 | (1,966) | 284 | |
COMPREHENSIVE INCOME | $ 3,143 | $ 2,652 | $ 5,144 | $ 6,048 | |
[1] | Included in net periodic pension cost, as described in Note 9 - "Net Periodic Benefit Costs" |
Consolidated Statements Of Chan
Consolidated Statements Of Changes In Stockholders’ Equity - USD ($) $ in Thousands | Common Stock [Member] | Capital Surplus [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Loss [Member] | Treasury Stock [Member] | Total |
Balance at Dec. 31, 2016 | $ 2,153 | $ 44,389 | $ 52,630 | $ (2,424) | $ 96,748 | |
Net Income | 5,764 | 5,764 | ||||
Other comprehensive income | 284 | 284 | ||||
Cash dividends | (1,902) | (1,902) | ||||
Stock compensation expense | 295 | 295 | ||||
Issued shares in stock offering | 220 | 13,922 | 14,142 | |||
Issued restricted shares | 8 | (8) | ||||
Issued shares under Dividend Reinvestment Plan | 2 | 124 | 126 | |||
Issued shares in Employee Stock Purchase Plan | 2 | 124 | 126 | |||
Issued shares in stock option exercises | 4 | 111 | 115 | |||
Repurchased shares in treasury stock | $ (342) | (342) | ||||
Reissued shares in stock option exercises, net of forfeitures | (135) | $ 342 | 207 | |||
Balance at Jun. 30, 2017 | 2,389 | 58,822 | 56,492 | (2,140) | 115,563 | |
Balance at Dec. 31, 2017 | 2,394 | 59,444 | 59,921 | (3,417) | 118,342 | |
Cumulative-effect adjustment due to change in accounting principle (See Note 1) | 1,496 | 1,496 | ||||
Net Income | 7,110 | 7,110 | ||||
Other comprehensive income | (1,966) | (1,966) | ||||
Cash dividends | (2,202) | (2,202) | ||||
Stock compensation expense | 399 | 399 | ||||
Issued restricted shares | 8 | (8) | ||||
Issued shares under Dividend Reinvestment Plan | 2 | 142 | 144 | |||
Issued shares in Employee Stock Purchase Plan | 2 | 151 | 153 | |||
Issued shares in stock option exercises | 7 | 92 | 99 | |||
Balance at Jun. 30, 2018 | $ 2,413 | $ 60,220 | $ 66,325 | $ (5,383) | $ 123,575 |
Consolidated Statements Of Cha7
Consolidated Statements Of Changes In Stockholders’ Equity (Parenthetical) - $ / shares | 6 Months Ended | |
Jun. 30, 2018 | Jun. 30, 2017 | |
Consolidated Statements Of Changes In Stockholders’ Equity [Abstract] | ||
Cash dividends per common share | $ 0.46 | $ 0.40 |
Reissued restricted shares | 1,057 | |
Issued shares in stock offering | 440,000 | |
Issued restricted shares | 16,816 | 16,283 |
Issued shares under Dividend Reinvestment Plan | 3,205 | 3,253 |
Issued shares in Employee Stock Purchase Plan | 3,898 | 3,713 |
Issued shares in stock option exercises | 13,900 | 7,743 |
Repurchased shares in treasury stock | 9,218 | |
Reissued shares in stock option exercises, net of forfeitures | 10,597 |
Consolidated Statements Of Cash
Consolidated Statements Of Cash Flows - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2018 | Jun. 30, 2017 | |
OPERATING ACTIVITIES: | ||
Interest received | $ 27,645 | $ 22,329 |
Fees received | 6,931 | 6,538 |
Interest paid | (3,828) | (2,587) |
Cash paid to employees and vendors | (21,009) | (18,748) |
Cash contributed to pension plan | (1,000) | |
Income taxes paid | (576) | (1,635) |
Proceeds from sale of loans held for resale | 5,376 | |
Originations of loans held for resale | (5,532) | |
Net cash provided by operating activities | 9,163 | 4,741 |
INVESTING ACTIVITIES: | ||
Available for sale securities: Purchases | (47,863) | (52,697) |
Available for sale securities: Proceeds from maturities, calls, and payments | 50,169 | 6,905 |
Held to maturity securities: Purchases | (35) | |
Held to maturity securities: Proceeds from maturities, calls, and payments | 697 | 646 |
Proceeds from bank owned life insurance claims | 675 | |
Additions to properties and equipment | (367) | (264) |
Purchase of tax credit investment | (676) | (811) |
Insurance agency acquisitions | (275) | |
Net increase in loans | (62,275) | (32,925) |
Net cash used in investing activities | (59,640) | (79,456) |
FINANCING ACTIVITIES: | ||
Repayments of short-term borrowings, net | (83,521) | (14,278) |
Net increase in deposits | 131,239 | 79,082 |
Dividends paid | (2,202) | (1,902) |
Repurchase of treasury stock | (342) | |
Issuance of common stock | 396 | 14,509 |
Reissuance of treasury stock | 207 | |
Net cash provided by financing activities | 45,912 | 77,276 |
Net (decrease) increase in cash and equivalents | (4,565) | 2,561 |
CASH AND CASH EQUIVALENTS: | ||
Beginning of period | 21,330 | 13,084 |
End of period | 16,765 | 15,645 |
RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES: | ||
Net income | 7,110 | 5,764 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Depreciation and amortization | 857 | 875 |
Deferred tax expense | 280 | 589 |
Provision (credit) for loan losses | 1,426 | (25) |
Loss on tax credit investment | 919 | |
Refundable state historic tax credit | (647) | |
Gain on loans sold | (70) | |
Change in fair value of equity securities | (245) | |
Stock compensation expense | 399 | 295 |
Proceeds from sale of loans held for resale | 5,376 | |
Originations of loans held for resale | (5,532) | |
Changes in assets and liabilities affecting cash flow: | ||
Other assets | (1,442) | (1,145) |
Other liabilities | 778 | (1,658) |
NET CASH PROVIDED BY OPERATING ACTIVITIES | $ 9,163 | $ 4,741 |
Organization And Summary Of Sig
Organization And Summary Of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2018 | |
Organization And Summary Of Significant Accounting Policies [Abstract] | |
Organization And Summary Of Significant Accounting Policies | 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  The accounting and reporting policies followed by Evans Bancorp, Inc. (the “Company”), a financial holding company, and its two direct, wholly-owned subsidiaries: (i) Evans Bank, National Association (the “Bank”), and the Bank’s subsidiaries, Evans National Leasing, Inc. (“ENL”), Evans National Holding Corp. (“ENHC”) and Suchak Data Systems, LLC (“SDS”); and (ii) Evans National Financial Services, LLC (“ENFS”), and ENFS’s subsidiary, The Evans Agency, LLC (“TEA”), and TEA’s subsidiaries, Frontier Claims Services, Inc. (“FCS”) and ENB Associates Inc. (“ENBA”), in the preparation of the accompanying interim unaudited consolidated financial statements conform with U.S. generally accepted accounting principles (“GAAP”) and with general practice within the industries in which it operates. Except as the context otherwise requires, the Company and its direct and indirect subsidiaries are collectively referred to in this report as the “Company.”  The results of operations for the three and six month periods ended June 30, 2018 are not necessarily indicative of the results to be expected for the full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the Audited Consolidated Financial Statements and the Notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2017. The Company’s significant accounting policies are disclosed in Note 1 to the Form 10-K.  The Company adopted multiple accounting standards as of January 1, 2018 that impacted its consolidated financial statements. The impact on the Company’s equity as depicted in the Statement of Changes in Stockholders’ Equity is as follows:      As of January 1, 2018   Impact of adoption of ASU 2014-09:  Increase in accounts receivable 551  Tax effect (142)  Total 409   Impact of adoption of ASU 2016-01  Increase in fair value of equity securities 1,234  Tax effect (147)  Total 1,087   Total cumulative-effect adjustment due to change in accounting principles 1,496    On January 1, 2018, the Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers and all subsequent amendments to the ASU (collectively, “ASC 606”), which creates a single framework for recognizing revenue from contracts with customers that fall within its scope. The Company used the modified retrospective method with a cumulative-effect adjustment to retained earnings. The Company’s implementation efforts included the identification of revenue within the scope of the guidance, as well as the evaluation of revenue contracts. The majority of the Company’s revenues come from interest income on loans and securities that are outside the scope of ASC 606. The Company’s services that fall within the scope of ASC 606 are presented within Non-Interest Income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of ASC 606 include insurance services fees, deposit service charges, and interchange income. Further detail on the Company’s performance obligations and revenue recognition for these revenue streams is provided in Note 11 to these Unaudited Consolidated Financial Statements.  The Company did identify one revenue source, variable profit-sharing revenue for TEA, which will be accounted for differently in 2018 and beyond. Profit-sharing revenue is variable consideration that TEA earns based on the loss ratio of its customers at insurance companies. TEA typically receives payment in the year following the year in which the profit-sharing revenue is earned, with most payments received in the first quarter. Prior to January 1, 2018, the Company recognized profit-sharing revenue when the payment was received. Beginning with the results reported for periods in 2018 included in these financial statements, the Company will estimate this variable consideration based on past performance and loss experience known during the year and make subsequent adjustments to revenue when the uncertainty associated with the variable revenue is resolved. As of January 1, 2018, the Company recorded accounts  receivable of $551 thousand and the tax effect of $142 thousand through a cumulative-effect adjustment to beginning retained earnings, representing the profit sharing revenue earned in 2017 and expected to be received in 2018.  The Company adopted ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities and ASU 2018-03 Technical Corrections and Improvements to Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities on January 1, 2018 with a cumulative-effect adjustment to retained earnings. This ASU requires equity securities to be measured at fair value with changes in the fair value recognized through net income. As of December 31, 2017, the Company had an investment in the equity securities of another financial institution valued at the historical cost of $0.6 million. The Company used the cost method of accounting because its ownership of the financial institution was less than 5% of the outstanding shares. With the adoption of ASU 2016-01, the cost method is no longer an acceptable accounting principle. On January 1, 2018 the Company recorded an increase in the value of the investment of $1.2 million based on observable prices obtained from orderly transactions between market participants through opening retained earnings. While the financial institution is not publicly traded on a major stock exchange and is fairly illiquid, there is transaction activity that can be used by the Company to determine the fair value. The Company recognized an increase in fair value of $0.1 million and $0.2 million for the three and six month periods ended June 30, 2018, respectively, from the value at January 1, 2018 based on observable prices obtained from the latest orderly transactions in the respective periods, with the increase being recorded in earnings. Given the nature of equity investments and the requirement to record changes in the fair value of the investment through earnings, the adoption of this standard could lead to increased volatility to earnings.  ASU 2016-01 also contained other provisions impacting the Company’s disclosures, including using the exit price notion when measuring the fair value of financial instruments for disclosure purposes and eliminating the requirement for public business entities to disclose the methods and significant assumptions to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. Further details regarding the Company’s fair value measurements and corresponding disclosures are provided in Note 3 to these Unaudited Consolidated Financial Statements.  As of December 31, 2017, the Company had a $171 thousand valuation allowance on the deferred tax asset for the Company’s investments in historic tax credits. The valuation allowance was due to the nature of the loss to be recognized when the investment is ultimately sold (which for tax purposes will give rise to a capital loss) as the Company did not have any known capital gains in the future to be able to utilize the capital losses from these investments. With the increase in the value of the equity securities discussed in the preceding paragraph and the corresponding projected capital gains the increased value represents, the Company was able to release the valuation allowance on the deferred tax assets related to the historic tax credits in conjunction with the adoption of ASU 2016-01.  The Company adopted ASU 2017-07 Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost effective January 1, 2018. The update requires that an employer report the service cost component of net periodic pension cost in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net periodic pension cost such as interest cost, expected return on plan assets, gain or loss, and amortization of prior service cost are required to be presented in the income statement separately from the service cost component. If a separate line item is used to present the other components of net benefit cost, that line item must be appropriately described. Prior to adoption of this update, the Company presented all components of net periodic pension cost in its “salaries and benefits expense” on its income statement. The Company is presenting its income statement for the three and six month periods ended June 30, 2018 and 2017 with service cost as part of the “salaries and benefits expense” and the other components in “other expense.” Further details regarding the Company’s net periodic pension cost are provided in Note 9 to these Unaudited Consolidated Financial Statements.  ASU 2016-15 Classification of Certain Cash Receipts and Cash Payments : This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows under Topic 230, Statement of Cash Flows. The update had no impact on how the Company was already reporting or presenting its statement of cash flows.  ASU 2016-18 Restricted Cash : This update requires that a statement of cash flows explains the change during the period in the total cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. Previous to the update, there had been some diversity in practice. Given that the Company had already classified restricted cash such as cash reserves at the Federal Reserve as part of cash and cash equivalents on the cash flow statement, the update had no impact on how the Company was already reporting and presenting its statement of cash flows.  ASU 2017-01 Clarifying the Definition of a Business : This update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation |
Securities
Securities | 6 Months Ended |
Jun. 30, 2018 | |
Securities [Abstract] | |
Securities | 2. SECURITIES  The amortized cost of securities and their approximate fair value at June 30, 2018 and December 31, 2017 were as follows:      June 30, 2018  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 36,906 $ - $ (1,007) $ 35,899  States and political subdivisions 23,780 95 (66) 23,809  Total debt securities $ 60,686 $ 95 $ (1,073) $ 59,708   Mortgage-backed securities:  FNMA $ 31,268 $ 26 $ (1,049) $ 30,245  FHLMC 15,718 14 (546) 15,186  GNMA 1,866 9 (43) 1,832  SBA 9,903 - (365) 9,538  CMO 26,665 - (1,241) 25,424  Total mortgage-backed securities $ 85,420 $ 49 $ (3,244) $ 82,225   Total securities designated as available for sale $ 146,106 $ 144 $ (4,317) $ 141,933   Held to Maturity:  Debt securities  States and political subdivisions $ 4,637 $ 8 $ (36) $ 4,609   Total securities designated as held to maturity $ 4,637 $ 8 $ (36) $ 4,609      December 31, 2017  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 28,407 $ 22 $ (376) $ 28,053  States and political subdivisions 29,169 246 (42) 29,373  Total debt securities $ 57,576 $ 268 $ (418) $ 57,426   Mortgage-backed securities:  FNMA $ 31,835 $ 69 $ (350) $ 31,554  FHLMC 14,708 22 (190) 14,540  GNMA 2,105 18 (21) 2,102  SBA 10,309 9 (103) 10,215  CMO 28,699 26 (744) 27,981  Total mortgage-backed securities $ 87,656 $ 144 $ (1,408) $ 86,392   Total securities designated as available for sale $ 145,232 $ 412 $ (1,826) $ 143,818   Held to Maturity:  Debt securities  States and political subdivisions $ 5,334 $ 1 $ (74) $ 5,261   Total securities designated as held to maturity $ 5,334 $ 1 $ (74) $ 5,261  Available for sale securities with a total fair value of $142 million and $138 million at June 30, 2018 and December 31, 2017, respectively, were pledged as collateral to secure public deposits and for other purposes required or permitted by law.  The scheduled maturities of debt and mortgage-backed securities at June 30, 2018 and December 31, 2017 are summarized below. All maturity amounts are contractual maturities. Actual maturities may differ from contractual maturities because certain issuers have the right to call or prepay obligations with or without call premiums.      June 30, 2018 December 31, 2017  Amortized Estimated Amortized Estimated  cost fair value cost fair value  (in thousands) (in thousands)   Debt securities available for sale:   Due in one year or less $ 7,736 $ 7,746 $ 5,974 $ 5,990  Due after one year through five years 22,959 22,732 24,063 24,068  Due after five years through ten years 29,667 28,899 25,584 25,385  Due after ten years 324 331 1,955 1,983  60,686 59,708 57,576 57,426   Mortgage-backed securities  available for sale 85,420 82,225 87,656 86,392   Total available for sale securities $ 146,106 $ 141,933 $ 145,232 $ 143,818   Debt securities held to maturity:   Due in one year or less $ 3,432 $ 3,430 $ 4,077 $ 4,053  Due after one year through five years 883 870 690 661  Due after five years through ten years 228 223 473 464  Due after ten years 94 86 94 83  4,637 4,609 5,334 5,261   Total held to maturity securities $ 4,637 $ 4,609 $ 5,334 $ 5,261  Contractual maturities of the Company’s mortgage-backed securities generally exceed ten years; however, the effective lives may be significantly shorter due to prepayments of the underlying loans and due to the nature of these securities.  Information regarding unrealized losses within the Company’s available for sale securities at June 30, 2018 and December 31, 2017 is summarized below. The securities are primarily U.S. government-guaranteed agency securities or municipal securities. All unrealized losses are considered temporary and are related to market interest rate fluctuations.       June 30, 2018   Less than 12 months 12 months or longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  (in thousands)  Available for Sale:  Debt securities:  U.S. government agencies $ 19,509 $ (488) $ 12,390 $ (519) $ 31,899 $ (1,007)  States and political subdivisions 10,390 (50) 891 (16) 11,281 (66)  Total debt securities $ 29,899 $ (538) $ 13,281 $ (535) $ 43,180 $ (1,073)   Mortgage-backed securities:  FNMA $ 18,978 $ (588) $ 10,456 $ (461) $ 29,434 $ (1,049)  FHLMC 12,056 (417) 2,627 (129) 14,683 (546)  GNMA - - 1,046 (43) 1,046 (43)  SBA 5,467 (197) 4,070 (168) 9,537 (365)  CMO 10,217 (376) 15,208 (865) 25,425 (1,241)  Total mortgage-backed securities $ 46,718 $ (1,578) $ 33,407 $ (1,666) $ 80,125 $ (3,244)   Held to Maturity:  Debt securities:  States and political subdivisions $ 3,734 $ (6) $ 583 $ (30) $ 4,317 $ (36)   Total temporarily impaired  securities $ 80,351 $ (2,122) $ 47,271 $ (2,231) $ 127,622 $ (4,353)         December 31, 2017   Less than 12 months 12 months or longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  (in thousands)  Available for Sale:  Debt securities:  U.S. government agencies $ 15,151 $ (239) $ 6,863 $ (137) $ 22,014 $ (376)  States and political subdivisions 7,288 (28) 894 (14) 8,182 (42)  Total debt securities $ 22,439 $ (267) $ 7,757 $ (151) $ 30,196 $ (418)   Mortgage-backed securities:  FNMA $ 20,087 $ (207) $ 6,517 $ (143) $ 26,604 $ (350)  FHLMC 12,984 (147) 960 (43) 13,944 (190)  GNMA - - 1,212 (21) 1,212 (21)  SBA 4,516 (43) 1,769 (60) 6,285 (103)  CMO 11,023 (216) 14,753 (528) 25,776 (744)  Total mortgage-backed securities $ 48,610 $ (613) $ 25,211 $ (795) $ 73,821 $ (1,408)   Held to Maturity:  Debt securities:  States and political subdivisions $ 4,548 $ (37) $ 626 $ (37) $ 5,174 $ (74)   Total temporarily impaired  securities $ 75,597 $ (917) $ 33,594 $ (983) $ 109,191 $ (1,900)    Management has assessed the securities available for sale in an unrealized loss position at June 30, 2018 and December 31, 2017 and determined the decline in fair value below amortized cost to be temporary. In making this determination, management considered the period of time the securities were in a loss position, the percentage decline in comparison to the securities’ amortized cost, and the financial condition of the issuer (primarily government or government-sponsored enterprises). In addition, management does not intend to sell these securities and it is not more likely than not that the Company will be required to sell these securities before recovery of their amortized cost. Management believes the decline in fair value is primarily related to market interest rate fluctuations and not to the credit deterioration of the individual issuers.  The Company has not recorded any other-than-temporary impairment (“OTTI”) charges as of June 30, 2018 and did not record any OTTI charges during 2017. The credit worthiness of the Company’s portfolio is largely reliant on the ability of U.S. government sponsored agencies such as FHLB, Federal National Mortgage Association (“FNMA”), Government National Mortgage Association (“GNMA”), and Federal Home Loan Mortgage Corporation (“FHLMC”), and municipalities throughout New York State to meet their obligations. In addition, dysfunctional markets could materially alter the liquidity, interest rate, and pricing risk of the portfolio. The stable past performance is not a guarantee for similar performance of the Company’s securities portfolio in future periods. |
Fair Value Measurements
Fair Value Measurements | 6 Months Ended |
Jun. 30, 2018 | |
Fair Value Measurements [Abstract] | |
Fair Value Measurements | 3. FAIR VALUE MEASUREMENTS  Fair value is defined in ASC Topic 820 “Fair Value Measurements” as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  There are three levels of inputs to fair value measurements:   ď‚· Level 1 inputs are quoted prices for identical instruments in active markets;  ď‚· Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and  ď‚· ď€ Level 3 inputs are unobservable inputs.  Observable market data should be used when available.  FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE ON A RECURRING BASIS  The following table presents, for each of the fair-value hierarchy levels as defined in this footnote, those financial instruments which are measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017, respectively:       (in thousands) Level 1 Level 2 Level 3 Fair Value   June 30, 2018  Securities available-for-sale:  US government agencies $ - $ 35,899 $ - $ 35,899  States and political subdivisions - 23,809 - 23,809  Mortgage-backed securities - 82,225 - 82,225  Equity securities - - 2,058 2,058  Mortgage servicing rights - - 635 635   December 31, 2017  Securities available-for-sale:  US government agencies $ - $ 28,053 $ - $ 28,053  States and political subdivisions - 29,373 - 29,373  Mortgage-backed securities - 86,392 - 86,392  Mortgage servicing rights - - 586 586   Securities available for sale  Fair values for securities are determined using independent pricing services and market-participating brokers. The Company’s independent pricing service utilizes evaluated pricing models that vary by asset class and incorporate available trade, bid and other market information for structured securities, cash flow and, when available, loan performance data. Because many fixed income securities do not trade on a daily basis, the evaluated pricing applications apply information as applicable through processes, such as benchmarking of like securities, sector groupings, and matrix pricing, to prepare evaluations. In addition, model processes, such as the Option Adjusted Spread model, are used to assess interest rate impact and develop prepayment scenarios. The models and the process take into account market convention. For each asset class, a team of evaluators gathers information from market sources and integrates relevant credit information, perceived market movements and sector news into the evaluated pricing applications and models. The company’s service provider may occasionally determine that it does not have sufficient verifiable information to value a particular security. In these cases the Company will utilize valuations from another pricing service.  Management believes that it has a sufficient understanding of the third party service’s valuation models, assumptions and inputs used in determining the fair value of securities to enable management to maintain an appropriate system of internal control. On a quarterly basis, the Company reviews changes in the market value of its security portfolio. Individual changes in valuations are reviewed for consistency with general interest rate movements and any known credit concerns for specific securities. Additionally, on an annual basis, the Company has its entire security portfolio priced by a second pricing service to determine consistency with another market evaluator. If, during the Company’s review or when comparing with another servicer, a material difference between pricing evaluations were to exist, the Company would submit an inquiry to the service provider regarding the data used to value a particular security. If the Company determines it has market information that would support a different valuation than the initial evaluation it can submit a challenge for a change to that security’s valuation.  Securities available for sale are classified as Level 2 in the fair value hierarchy as the valuation provided by the third-party provider uses observable market data.  Equity securities  The Company holds equity securities in another financial institution. Since the ownership level is less than 5% of the outstanding shares of the bank, the investment was recorded on the Company’s balance sheet at historical cost, under the cost method of accounting, as of December 31, 2017. As noted in Note 1 to the Unaudited Consolidated Financial Statements, on January 1, 2018, the Company adopted ASU 2016-01, which resulted in the Company adopting an accounting policy to mark the investment to its fair value with a cumulative-effect adjustment to retained earnings. As of the end of each reporting period presented after January 1, 2018, equity securities will be presented at fair value, with changes in fair value during the period being recorded in the income statement.  The equity securities are classified as Level 3 in the fair value hierarchy because the primary inputs in measuring the fair value are unobservable to the public. The shares of the institution are not publicly traded on a major stock exchange, but rather through private sales between shareholders. Trading in the securities is fairly limited as the institution’s total trading volume for 2017 was approximately 1% of the outstanding common shares. Trading activity in the first six months of 2018 was at a similar low volume. The institution tracks the sales and the Company obtains the sales information from the institution to calculate the fair value of the equity securities as of the end of the reporting period. The fair value recorded in the financial statements is based on observable prices obtained from the latest orderly transactions in the quarter.  Due to the adoption of ASU 2016-01 and the designation of the equity securities as Level 3 on the fair value hierarchy, there was a transfer into Level 3 for the equity securities during the first quarter of 2018.      Three months ended June 30,  (in thousands) 2018 2017  Equity securities - April 1 $ 1,961 $ 580  Fair value change included in earnings 97 -  Equity securities - June 30 $ 2,058 $ 580           Six months ended June 30,  (in thousands) 2018 2017  Equity securities - December 31 $ 580 $ 580  Increase in recorded value due to adoption of ASU 2016-01 through beginning retained earnings 1,234 -  Fair value change included in earnings 244 -  Equity securities - June 30 $ 2,058 $ 580   Mortgage servicing rights  Mortgage servicing rights (“MSRs”) do not trade in an active, open market with readily observable prices. Accordingly, the Company obtains the fair value of the MSRs using a third-party pricing provider. The provider determines the fair value by discounting projected net servicing cash flows of the remaining servicing portfolio. The valuation model used by the provider considers market loan prepayment predictions and other economic factors which management considers to be significant unobservable inputs. The fair value of MSRs is mostly affected by changes in mortgage interest rates since rate changes cause the loan prepayment acceleration factors to increase or decrease. Management has a sufficient understanding of the third party service’s valuation models, assumptions and inputs used in determining the fair value of MSRs to enable management to maintain an appropriate system of internal control. Mortgage servicing rights are classified within Level 3 of the fair value hierarchy as the valuation is model driven and primarily based on unobservable inputs.  The following table summarizes the changes in fair value for mortgage servicing rights during the three and six month periods ended June 30, 2018 and 2017, respectively:     Three months ended June 30,  (in thousands) 2018 2017  Mortgage servicing rights - April 1 $ 644 $ 564  Losses included in earnings (9) (32)  Additions from loan sales - 23  Mortgage servicing rights - June 30 $ 635 $ 555       Six months ended June 30,  (in thousands) 2018 2017  Mortgage servicing rights - January 1 $ 586 $ 527  Gains/(Losses) included in earnings 49 (21)  Additions from loan sales - 49  Mortgage servicing rights - June 30 $ 635 $ 555   Quantitative information about the significant unobservable inputs used in the fair value measurement of MSRs at the respective dates is as follows:        June 30, 2018 December 31, 2017  Servicing fees 0.25 % 0.25 %  Discount rate 9.50 % 9.50 %  Prepayment rate (CPR) 8.07 % 10.56 %   FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE ON A NONRECURRING BASIS  The Company is required, on a nonrecurring basis, to adjust the carrying value of certain assets or provide valuation allowances related to certain assets using fair value measurements. The following table presents for each of the fair-value hierarchy levels as defined in this footnote, those financial instruments which are measured at fair value on a nonrecurring basis at June 30, 2018 and December 31, 2017:       (in thousands) Level 1 Level 2 Level 3 Fair Value   June 30, 2018  Collateral dependent impaired loans $ - $ - $ 24,125 $ 24,125   December 31, 2017  Collateral dependent impaired loans $ - $ - $ 14,464 $ 14,464   Collateral dependent impaired loans  The Company evaluates and values impaired loans at the time the loan is identified as impaired, and the fair values of such loans are estimated using Level 3 inputs in the fair value hierarchy. Each loan’s collateral has a unique appraisal and management’s discount of the value is based on factors unique to each impaired loan. The significant unobservable input in determining the fair value is management’s subjective discount on appraisals of the collateral securing the loan. Collateral may consist of real estate and/or business assets including equipment, inventory and/or accounts receivable and the value of these assets is determined based on appraisals by qualified licensed appraisers hired by the Company. Appraised and reported values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation, estimated costs to sell, and/or management’s expertise and knowledge of the client and the client’s business.  The Company has an appraisal policy in which appraisals are obtained upon a commercial loan being downgraded on the Company’s internal loan rating scale to special mention or substandard depending on the amount of the loan, the type of loan and the type of collateral. All impaired commercial loans are either graded as substandard or doubtful on the internal loan rating scale. For consumer loans, the Company obtains appraisals when a loan becomes 90 days past due or is determined to be impaired, whichever occurs first. Subsequent to the downgrade or reaching 90 days past due, if the loan remains outstanding and impaired for at least one year more, management may require another follow-up appraisal. Between receipts of updated appraisals, if necessary, management may perform an internal valuation based on any known changing conditions in the marketplace such as sales of similar properties, a change in the condition of the collateral, or feedback from local appraisers. Impaired loans had a gross value of $25.5 million, with an allowance for loan loss of $1.4 million, at June 30, 2018 compared with $15.5 million and $1.1 million, respectively, at December 31, 2017.  FAIR VALUE OF FINANCIAL INSTRUMENTS  With the adoption of ASU 2016-01, the Company is no longer required to disclose the methods and significant assumptions used in estimating the fair value of financial instruments measured at amortized cost on the balance sheet. The amendments in the ASU also require the Company to measure the fair value of financial instruments using the exit price notion consistent with ASC Topic 820, Fair Value Measurement. Prior to adoption on January 1, 2018, loans were calculated using an entry price notion.  The table below depicts the estimated fair values of the Company’s financial instruments, including those that are not measured and reported at fair value on a recurring basis or nonrecurring basis.        June 30, 2018 December 31, 2017  Carrying Fair Carrying Fair  Amount Value Amount Value  (in thousands) (in thousands)  Financial assets:  Level 1:  Cash and cash equivalents $ 16,765 $ 16,765 $ 21,330 $ 21,330  Equity securities 2,058 2,058 580 1,814  Level 2:  Available for sale securities 141,933 141,933 143,818 143,818  FHLB and FRB stock 3,399 3,399 6,779 6,779  Level 3:  Held to maturity securities 4,637 4,609 5,334 5,261  Loans, net 1,110,660 1,098,879 1,051,296 1,047,967  Mortgage servicing rights 635 635 586 586   Financial liabilities:  Level 1:  Demand deposits $ 224,373 $ 224,373 $ 219,664 $ 219,664  NOW deposits 121,170 121,170 109,378 109,378  Savings deposits 595,500 595,500 535,730 535,730  Level 2:  Securities sold under agreement to  repurchase 4,018 4,018 9,289 9,289  Other borrowed funds 10,000 9,806 88,250 88,132  Junior subordinated debentures 11,330 11,330 11,330 11,330  Level 3:  Time deposits 241,425 239,448 186,457 187,782   |
Loans And The Allowance For Loa
Loans And The Allowance For Loan Losses | 6 Months Ended |
Jun. 30, 2018 | |
Loans And The Allowance For Loan Losses [Abstract] | |
Loans And The Allowance For Loan Losses | 4. LOANS AND THE ALLOWANCE FOR LOAN LOSSES  Loan Portfolio Composition The following table presents selected information on the composition of the Company’s loan portfolio as of the dates indicated:        June 30, 2018 December 31, 2017  Mortgage loans on real estate: (in thousands)  Residential mortgages $ 146,076 $ 131,208  Commercial and multi-family 552,023 519,902  Construction-Residential 587 2,134  Construction-Commercial 115,519 107,274  Home equities 69,319 69,745  Total real estate loans 883,524 830,263   Commercial and industrial loans 239,485 232,211  Consumer and other loans 1,447 1,654  Net deferred loan origination costs 1,439 1,187  Total gross loans 1,125,895 1,065,315   Allowance for loan losses (15,235) (14,019)   Loans, net $ 1,110,660 $ 1,051,296   The Bank sells certain fixed rate residential mortgages to FNMA while maintaining the servicing rights for those mortgages. In the three month period ended June 30, 2018, the Bank did no t sell any mortgages to FNMA, compared with $ 2.5 million in the three month period ended June 30, 2017. The Bank did no t sell any mortgages to FNMA during the six month period ended June 30, 2018, compared with $5.3 million during the six month period ended June 30, 2017. At June 30, 2018, the Bank had a loan servicing portfolio principal balance of $74 million upon which it earned servicing fees, c ompared with $78 million at December 31, 2017. The value of the mortgage servicing rights for that portfolio was $0.6 million at each of the periods June 30, 2018 and December 31, 2017. No loans were held for sale at June 30, 2018 or December 31, 2017. The Company has never been contacted by FNMA to repurchase any loans due to improper documentation or fraud.  The Company did not hold any foreclosed residential real estate property at June 30, 2018 or December 31, 2017. There were $0.7 million and $0.3 million at June 30, 2018 and December 31, 2017, respectively, in loans secured by residential real estate that were in the process of foreclosure.  As noted in Note 1, these financial statements should be read in conjunction with the Audited Consolidated Financial Statements and the Notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2017. Disclosures related to the basis for accounting for loans, the method for recognizing interest income on loans, the policy for placing loans on nonaccrual status and the subsequent recording of payments and resuming accrual of interest, the policy for determining past due status, a description of the Company’s accounting policies and methodology used to estimate the allowance for loan losses, the policy for charging-off loans, the accounting policies for impaired loans, and more descriptive information on the Company’s credit risk ratings are all contained in the Notes to the Audited Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. Unless otherwise noted in this Form 10-Q, the policies and methodology described in the Annual Report for the year ended December 31, 2017 are consistent with those utilized by the Company in the three and six month periods ended June 30, 2018.   Credit Quality Indicators  The Bank monitors the credit risk in its loan portfolio by reviewing certain credit quality indicators (“CQI”). The primary CQI for its commercial mortgage and commercial and industrial (“C&I”) portfolios is the individual loan’s credit risk rating. The following list provides a description of the credit risk ratings that are used internally by the Bank when assessing the adequacy of its allowance for loan losses:  · Acceptable or better · Watch · Special Mention · Substandard · Doubtful · Loss  The Company’s consumer loans, including residential mortgages and home equities, are not individually risk rated or reviewed in the Company’s loan review process. Unlike commercial customers, consumer loan customers are not required to provide the Company with updated financial information. Consumer loans also carry smaller balances. Given the lack of updated information after the initial underwriting of the loan and small size of individual loans, the Company uses delinquency status as the primary credit quality indicator for consumer loans. However, once a consumer loan is identified as impaired, it is individually evaluated for impairment.  The following tables provide data, at the class level, of credit quality indicators of certain loans for the dates specified:        June 30, 2018  (in thousands)  Corporate Credit Exposure – By Credit Rating Commercial Real Estate Construction Commercial and Multi-Family Mortgages Total Commercial Real Estate Commercial and Industrial  Acceptable or better $ 65,378 $ 439,190 $ 504,568 $ 174,153  Watch 41,166 92,419 133,585 54,457  Special Mention - 11,395 11,395 6,845  Substandard 8,975 9,019 17,994 3,324  Doubtful/Loss - - - 706  Total $ 115,519 $ 552,023 $ 667,542 $ 239,485        December 31, 2017  (in thousands)  Corporate Credit Exposure – By Credit Rating Commercial Real Estate Construction Commercial and Multi-Family Mortgages Total Commercial Real Estate Commercial and Industrial  Acceptable or better $ 83,203 $ 418,819 $ 502,022 $ 158,181  Watch 24,071 87,746 111,817 57,827  Special Mention - 4,106 4,106 13,247  Substandard - 9,231 9,231 2,134  Doubtful/Loss - - - 822  Total $ 107,274 $ 519,902 $ 627,176 $ 232,211   Past Due Loans The following tables provide an analysis of the age of the recorded investment in loans that are past due as of the dates indicated:     June 30, 2018  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 235,827 $ 882 $ 300 $ - $ 2,476 $ 239,485  Residential real estate:  Residential 144,599 320 - - 1,157 146,076  Construction 587 - - - - 587  Commercial real estate:  Commercial 535,511 6,425 967 385 8,735 552,023  Construction 106,157 154 - 233 8,975 115,519  Home equities 67,786 227 57 - 1,249 69,319  Consumer and other 1,447 - - - - 1,447  Total Loans $ 1,091,914 $ 8,008 $ 1,324 $ 618 $ 22,592 $ 1,124,456  Note: Loan balances do not include $ 1. 4 million in net deferred loan origination costs as of June 30, 2018.        December 31, 2017  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 225,915 $ 4,019 $ 163 $ 365 $ 1,749 $ 232,211  Residential real estate:  Residential 129,251 731 - - 1,226 131,208  Construction 2,134 - - - - 2,134  Commercial real estate:  Commercial 508,044 2,611 - 309 8,938 519,902  Construction 102,109 3,239 1,926 - - 107,274  Home equities 68,415 171 40 - 1,119 69,745  Consumer and other 1,628 11 6 - 9 1,654  Total Loans $ 1,037,496 $ 10,782 $ 2,135 $ 674 $ 13,041 $ 1,064,128  Note: Loan balances do not include $1.2 million in net deferred loan origination costs as of December 31, 2017.    Allowance for loan losses  The following tables present the activity in the allowance for loan losses according to portfolio segment for the six month periods ended June 30, 2018 and 2017:         June 30, 2018   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 5,204 $ 7,409 $ 109 $ 950 $ 347 $ 14,019  Charge-offs (67) - (64) (86) (11) (228)  Recoveries 13 - 4 - 1 18  Provision (Credit) (809) 2,036 41 161 (3) 1,426  Ending balance $ 4,341 $ 9,445 $ 90 $ 1,025 $ 334 $ 15,235   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 94 $ 1,245 $ 24 $ 38 $ - $ 1,401  Collectively evaluated  for impairment 4,247 8,200 66 987 334 13,834  Total $ 4,341 $ 9,445 $ 90 $ 1,025 $ 334 $ 15,235   Loans:  Ending balance:  Individually evaluated  for impairment $ 2,936 $ 18,475 $ 24 $ 2,522 $ 1,904 $ 25,861  Collectively evaluated  for impairment 236,549 649,067 1,423 144,141 67,415 1,098,595  Total $ 239,485 $ 667,542 $ 1,447 $ 146,663 $ 69,319 $ 1,124,456    * Includes construction loans  Note: Loan balances do not include $ 1. 4 million in net deferred loan origination costs as of June 30, 2018.        June 30, 2017   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 4,813 $ 7,890 $ 96 $ 769 $ 348 $ 13,916  Charge-offs (33) - (33) - - (66)  Recoveries 331 - 21 - 1 353  Provision (Credit) (141) 9 20 63 24 (25)  Ending balance $ 4,970 $ 7,899 $ 104 $ 832 $ 373 $ 14,178   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 681 $ 1,189 $ 42 $ 1 $ 2 $ 1,915  Collectively evaluated  for impairment 4,289 6,710 62 831 371 12,263  Total $ 4,970 $ 7,899 $ 104 $ 832 $ 373 $ 14,178   Loans:  Ending balance:  Individually evaluated  for impairment $ 2,665 $ 12,298 $ 42 $ 2,834 $ 1,651 $ 19,490  Collectively evaluated  for impairment 205,104 561,558 1,460 123,333 64,493 955,948  Total $ 207,769 $ 573,856 $ 1,502 $ 126,167 $ 66,144 $ 975,438  * Includes construction loans  Note: Loan balances do not include $ 1.1 million in net deferred loan origination costs as of June 30, 2017.    The following tables present the activity in the allowance for loan losses according to portfolio segment for the three month periods ended June 30, 2018 and 2017:     June 30, 2018  ($ in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 5,115 $ 8,145 $ 96 $ 1,007 $ 330 $ 14,693  Charge-offs - - (30) (86) (11) (127)  Recoveries 7 - 3 - - 10  Provision (Credit) (781) 1,300 21 104 15 659  Ending balance $ 4,341 $ 9,445 $ 90 $ 1,025 $ 334 $ 15,235        June 30, 2017  ($ in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 3,963 $ 8,198 $ 135 $ 919 $ 364 $ 13,579  Charge-offs - - (5) - - (5)  Recoveries 184 - 9 - 1 194  Provision (Credit) 823 (299) (35) (87) 8 410  Ending balance $ 4,970 $ 7,899 $ 104 $ 832 $ 373 $ 14,178  *Includes construction loans  Impaired Loans The following tables provide data, at the class level, for impaired loans as of the dates indicated:      At June 30, 2018  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With no related allowance recorded: (in thousands)  Commercial and industrial $ 2,625 $ 3,772 $ - $ 2,716 $ 72 $ 50  Residential real estate:  Residential 2,062 2,321 - 2,136 21 32  Construction - - - - - -  Commercial real estate:  Commercial 2,778 2,903 - 2,818 46 58  Construction 154 154 - 169 - 7  Home equities 1,904 2,045 - 1,946 39 16  Consumer and other - - - - - -  Total impaired loans $ 9,523 $ 11,195 $ - $ 9,785 $ 178 $ 163      At June 30, 2018  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With a related allowance recorded: (in thousands)  Commercial and industrial $ 311 $ 339 $ 94 $ 326 $ 11 $ 1  Residential real estate:  Residential 460 484 38 463 12 -  Construction - - - - - -  Commercial real estate:  Commercial 6,568 6,769 511 6,624 148 -  Construction 8,975 8,975 734 8,975 120 113  Home equities - - - - - -  Consumer and other 24 28 24 24 - 1  Total impaired loans $ 16,338 $ 16,595 $ 1,401 $ 16,412 $ 291 $ 115      At June 30, 2018  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 2,936 $ 4,111 $ 94 $ 3,042 $ 83 $ 51  Residential real estate:  Residential 2,522 2,805 38 2,599 33 32  Construction - - - - - -  Commercial real estate:  Commercial 9,346 9,672 511 9,442 194 58  Construction 9,129 9,129 734 9,144 120 120  Home equities 1,904 2,045 - 1,946 39 16  Consumer and other 24 28 24 24 - 1  Total impaired loans $ 25,861 $ 27,790 $ 1,401 $ 26,197 $ 469 $ 278       At December 31, 2017  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With no related allowance recorded: (in thousands)  Commercial and industrial $ 1,023 $ 1,917 $ - $ 1,704 $ 92 $ 28  Residential real estate:  Residential 2,415 2,594 - 2,456 46 83  Construction - - - - - -  Commercial real estate:  Commercial 2,336 2,469 - 2,449 134 32  Construction 187 187 - 218 - 13  Home equities 1,785 1,892 - 1,828 62 33  Consumer and other - - - - - -  Total impaired loans $ 7,746 $ 9,059 $ - $ 8,655 $ 334 $ 189      At December 31, 2017  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With a related allowance recorded: (in thousands)  Commercial and industrial $ 1,240 $ 1,431 $ 372 $ 1,279 $ 79 $ 12  Residential real estate:  Residential 196 196 28 196 6 3  Construction - - - - - -  Commercial real estate:  Commercial 6,689 6,819 643 6,755 156 129  Construction - - - - - -  Home equities - - - - - -  Consumer and other 34 59 34 37 3 2  Total impaired loans $ 8,159 $ 8,505 $ 1,077 $ 8,267 $ 244 $ 146      At December 31, 2017  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 2,263 $ 3,348 $ 372 $ 2,983 $ 171 $ 40  Residential real estate:  Residential 2,611 2,790 28 2,652 52 86  Construction - - - - - -  Commercial real estate:  Commercial 9,025 9,288 643 9,204 290 161  Construction 187 187 - 218 - 13  Home equities 1,785 1,892 - 1,828 62 33  Consumer and other 34 59 34 37 3 2  Total impaired loans $ 15,905 $ 17,564 $ 1,077 $ 16,922 $ 578 $ 335    Troubled debt restructurings  The following tables summarize the loans that were classified as troubled debt restructurings as of the dates indicated:     June 30, 2018  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 749 $ 289 $ 460 $ 56  Residential real estate:  Residential 1,627 262 1,365 3  Construction - - - -  Commercial real estate:  Commercial and multi-family 4,330 3,719 611 146  Construction 154 - 154 -  Home equities 782 127 655 -  Consumer and other 24 - 24 24  Total TDR loans $ 7,666 $ 4,397 $ 3,269 $ 229      December 31, 2017  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 734 $ 220 $ 514 $ 8  Residential real estate:  Residential 1,656 271 1,385 -  Construction - - - -  Commercial real estate:  Commercial and multi-family 3,854 3,767 87 236  Construction 187 - 187 -  Home equities 794 128 666 -  Consumer and other 25 - 25 24  Total TDR loans $ 7,250 $ 4,386 $ 2,864 $ 268   Any TDR that is placed on non-accrual is not reverted back to accruing status until the borrower makes timely payments as contracted for at least six months and future collection under the revised terms is probable. All of the Company’s restructurings were allowed in an effort to maximize its ability to collect on loans where borrowers were experiencing financial difficulty.  The reserve for a TDR is based upon the present value of the future expected cash flows discounted at the loan’s original effective interest rate or upon the fair value of the collateral less costs to sell, if the loan is deemed collateral dependent. This reserve methodology is used because all TDR loans are considered impaired. As of June 30, 2018, there were no commitments to lend additional funds to debtors owing on loans whose terms have been modified in TDRs.  The Company’s TDRs have various agreements that involve deferral of principal payments, or interest-only payments, for a period (usually 12 months or less) to allow the customer time to improve cash flow or sell the property. Other common concessions leading to the designation of a TDR are lines of credit that are termed-out and/or extensions of maturities at rates that are less than the prevailing market rates given the risk profile of the borrower.   The following tables show the data for TDR activity by the type of concession granted to the borrower for the three month and six month periods ended June 30, 2018 and 2017:     Three months ended June 30, 2018 Three months ended June 30, 2017  (Recorded Investment in thousands) (Recorded Investment in thousands)  Troubled Debt Restructurings by Type of Concession Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment   Commercial and Industrial:  Term-out line of credit 1 $ 29 $ 29 - $ - $ -  Combination of concessions 1 63 63 - - -  Residential Real Estate & Construction - - - - - -  Commercial Real Estate & Construction:  Extension of maturity - - - 1 20 20  Combination of concessions 1 154 154 - - -  Home Equities - - - - - -  Deferral of principal 1 100 100 - - -  Consumer and other loans - - - - - -        Six months ended June 30, 2018 Six months ended June 30, 2017  (Recorded Investment in thousands) (Recorded Investment in thousands)  Troubled Debt Restructurings by Type of Concession Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment   Commercial and Industrial:  Term-out line of credit 1 $ 29 $ 29 1 $ 180 $ 180  Combination of concessions 1 63 63 - - -  Residential Real Estate & Construction: - - - - - -  Commercial Real Estate & Construction:  Extension of maturity 1 181 181 3 5,073 5,073  Combination of concessions 1 154 154 - - -  Home Equities:  Deferral of principal 1 100 100 - - -  Extension of maturity and  interest rate reduction - - - 1 20 20  Consumer and other loans - - - - - -   The general practice of the Bank is to work with borrowers so that they are able to repay their loan in full. If a borrower continues to be delinquent or cannot meet the terms of a TDR and the loan is determined to be uncollectible, the loan will be charged-off. A loan is considered in default when the loan is 90 days past due. There were no loans which were classified as TDRs during the previous 12 months which defaulted during the three or six month periods ended June 30, 2018 and 2017. |
Common Equity And Earnings Per
Common Equity And Earnings Per Share Data | 6 Months Ended |
Jun. 30, 2018 | |
Common Equity And Earnings Per Share Data [Abstract] | |
Common Equity And Earnings Per Share Data | 5. COMMON EQUITY AND EARNINGS PER SHARE DATA  The common stock per share information is based upon the weighted average number of shares outstanding during each period. For the three and six month periods ended June 30, 2018, the Company had an average of 123,035 and 127,156 dilutive shares outstanding, respectively. The Company had an average of 116,374 and 119,928 dilutive shares outstanding for the three and six months periods ended June 30, 2017, respectively.  Potential common shares that would have the effect of increasing diluted earnings per share are considered to be anti-dilutive and not included in calculating diluted earnings per share. There were no anti-dilutive shares for the three month period ended June 30, 2018. For the six month period ended June 30, 2018, there was an average of 28,660 potentially anti-dilutive shares outstanding, that were not included in calculating diluted earnings per share because their effect was anti-dilutive. For the three and six month periods ended June 30, 2017, there was an average of 23,020 and 24,005 potentially anti-dilutive shares outstanding.   |
Other Comprehensive Income
Other Comprehensive Income | 6 Months Ended |
Jun. 30, 2018 | |
Other Comprehensive Income [Abstract] | |
Other Comprehensive Income | 6. OTHER COMPREHENSIVE INCOME The following tables summarize the changes in the components of accumulated other comprehensive income (loss) during the three and six month periods ended June 30, 2018 and 2017:     Balance at March 31, 2018 Net Change Balance at June 30, 2018  (in thousands)  Net unrealized loss on investment securities $ (2,409) $ (684) $ (3,093)  Net defined benefit pension plan adjustments (2,326) 36 (2,290)  Total $ (4,735) $ (648) $ (5,383)   Balance at March 31, 2017 Net Change Balance at June 30, 2017  (in thousands)  Net unrealized (loss) gain on investment securities $ (178) $ 3 $ (175)  Net defined benefit pension plan adjustments (1,996) 31 (1,965)  Total $ (2,174) $ 34 $ (2,140)     Balance at December 31, 2017 Net Change Balance at June 30, 2018  (in thousands)  Net unrealized loss on investment securities $ (1,049) $ (2,044) $ (3,093)  Net defined benefit pension plan adjustments (2,368) 78 (2,290)  Total $ (3,417) $ (1,966) $ (5,383)   Balance at December 31, 2016 Net Change Balance at June 30, 2017  (in thousands)  Net unrealized (loss) gain on investment securities $ (365) $ 190 $ (175)  Net defined benefit pension plan adjustments (2,059) 94 (1,965)  Total $ (2,424) $ 284 $ (2,140)       Three months ended June 30, 2018 Three months ended June 30, 2017  (in thousands) (in thousands)  Before-Tax Amount Income Tax (Provision) Benefit Net-of-Tax Amount Before-Tax Amount Income Tax (Provision) Benefit Net-of-Tax Amount  Unrealized (loss) gain on investment  securities:  Unrealized (loss) gain on investment  securities $ (921) $ 237 $ (684) $ 7 $ (4) $ 3   Defined benefit pension plan  adjustments:  Reclassifications from accumulated other  comprehensive income for gains  Amortization of prior service cost (a) $ 8 $ (3) $ 5 $ 8 $ (3) $ 5  Amortization of actuarial loss (a) 42 (11) 31 43 (17) 26  Net change 50 (14) 36 51 (20) 31   Other Comprehensive (Loss) Income $ (871) $ 223 $ (648) $ 58 $ (24) $ 34  (a) Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs”       Six months ended June 30, 2018 Six months ended June 30, 2017  (in thousands) (in thousands)  Before-Tax Amount Income Tax (Provision) Benefit Net-of-Tax Amount Before-Tax Amount Income Tax (Provision) Benefit (b) Net-of-Tax Amount  Unrealized (loss) gain on investment  securities:  Unrealized (loss) gain on investment  securities $ (2,759) $ 715 $ (2,044) $ 303 $ (113) $ 190   Defined benefit pension plan  adjustments:  Reclassifications from accumulated other  comprehensive income for gains  Amortization of prior service cost (a) $ 16 $ (5) $ 11 $ 16 $ (1) $ 15  Amortization of actuarial loss (a) 84 (17) 67 86 (7) 79  Net change 100 (22) 78 102 (8) 94   Other Comprehensive (Loss) Income $ (2,659) $ 693 $ (1,966) $ 405 $ (121) $ 284  (a) Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs” (b) Tax benefit includes impact of re-valuation of deferred tax asset due to increase in marginal federal income tax rate from 34% to 35% .   |
Segment Information
Segment Information | 6 Months Ended |
Jun. 30, 2018 | |
Segment Information [Abstract] | |
Segment Information | 7. SEGMENT INFORMATION  The Company is comprised of two primary business segments, banking and insurance agency activities. The following tables set forth information regarding these segments for the three and six month periods ended June 30, 2018 and 2017.        Three months ended June 30, 2018  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 12,225 $ (29) $ 12,196  Provision for loan losses 659 - 659  Net interest income (expense) after  provision for loan losses 11,566 (29) 11,537  Non-interest income 1,687 - 1,687  Insurance service and fees 164 1,788 1,952  Amortization expense - 28 28  Non-interest expense 8,624 1,581 10,205  Income before income taxes 4,793 150 4,943  Income tax provision 1,105 47 1,152  Net income $ 3,688 $ 103 $ 3,791        Three months ended June 30, 2017  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 10,144 $ (26) $ 10,118  Provision for loan losses 410 - 410  Net interest income (expense) after  provision for loan losses 9,734 (26) 9,708  Non-interest income 1,177 - 1,177  Insurance service and fees 96 1,816 1,912  Amortization expense - 28 28  Non-interest expense 7,874 1,415 9,289  Income before income taxes 3,133 347 3,480  Income tax provision 729 133 862  Net income $ 2,404 $ 214 $ 2,618         Six months ended June 30, 2018  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 23,704 $ (56) $ 23,648  Provision for loan losses 1,426 - 1,426  Net interest income (expense) after  provision for loan losses 22,278 (56) 22,222  Non-interest income 3,508 - 3,508  Insurance service and fees 301 3,616 3,917  Amortization expense - 56 56  Non-interest expense 17,189 3,159 20,348  Income before income taxes 8,898 345 9,243  Income tax provision 2,043 90 2,133  Net income $ 6,855 $ 255 $ 7,110        Six months ended June 30, 2017  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 19,814 $ (52) $ 19,762  Provision for loan losses (25) - (25)  Net interest income (expense) after  provision for loan losses 19,839 (52) 19,787  Non-interest income 2,531 - 2,531  Insurance service and fees 205 3,875 4,080  Amortization expense - 56 56  Non-interest expense 15,521 2,795 18,316  Income before income taxes 7,054 972 8,026  Income tax provision 1,888 374 2,262  Net income $ 5,166 $ 598 $ 5,764   |
Contingent Liabilities And Comm
Contingent Liabilities And Commitments | 6 Months Ended |
Jun. 30, 2018 | |
Contingent Liabilities And Commitments [Abstract] | |
Contingent Liabilities And Commitments | 8. CONTINGENT LIABILITIES AND COMMITMENTS  The unaudited consolidated financial statements do not reflect various commitments and contingent liabilities, which arise in the normal course of business, and which involve elements of credit risk, interest rate risk and liquidity risk. These commitments and contingent liabilities consist of commitments to extend credit and standby letters of credit. A summary of the Bank’s commitments and contingent liabilities is as follows:      June 30, December 31,  2018 2017  (in thousands)   Commitments to extend credit $ 264,802 $ 247,540  Standby letters of credit 3,549 3,115  Total $ 268,351 $ 250,655   Commitments to extend credit and standby letters of credit include some exposure to credit loss in the event of nonperformance by the customer. The Bank’s credit policies and procedures for credit commitments and financial guarantees are the same as those for extensions of credit that are recorded on the Company’s unaudited consolidated balance sheets. Because these instruments have fixed maturity dates, and because they may expire without being drawn upon, they do not necessarily represent cash requirements of the Bank. The Bank did not incur any losses on its commitments and did not record a reserve for its commitments during the first six months of 2018 or during 2017.  Certain lending commitments for construction residential mortgage loans are considered derivative instruments under the guidelines of GAAP. The changes in the fair value of these commitments, due to interest rate risk, are not recorded on the consolidated balance sheets as the fair value of these derivatives is not considered to be material. |
Net Periodic Benefit Costs
Net Periodic Benefit Costs | 6 Months Ended |
Jun. 30, 2018 | |
Net Periodic Benefit Costs [Abstract] | |
Net Periodic Benefit Costs | 9. NET PERIODIC BENEFIT COSTS  On January 31, 2008, the Bank froze its defined benefit pension plan. The plan covered substantially all Bank employees. The plan provides benefits that are based on the employees’ compensation and years of service. Under the freeze, eligible employees will receive, at retirement, the benefits already earned through January 31, 2008, but have not accrued any additional benefits since then. As a result, service cost is no longer incurred.  The Bank uses an actuarial method of amortizing prior service cost and unrecognized net gains or losses which result from actual expense and assumptions being different than those that are projected. The amortization method the Bank used recognized the prior service cost and net gains or losses over the average remaining service period of active employees.  The Bank also maintains a nonqualified supplemental executive retirement plan covering certain members of the Company’s senior management. The Bank uses an actuarial method of amortizing unrecognized net gains or losses which result from actual expense and assumptions being different than those that are projected. The amortization method the Bank uses recognizes the net gains or losses over the average remaining service period of active employees.  The Bank did not make a contribution to the defined benefit pension plan during the first six months of 2018.  The following table presents the net periodic cost for the Bank’s defined benefit pension plan and supplemental executive retirement plan for the three and six month periods ended June 30, 2018 and 2017:       Three months ended June 30,  (in thousands)   Supplemental Executive  Pension Benefits Retirement Plan   2018 2017 2018 2017   Service cost $ - $ - $ 47 $ 42  Interest cost 51 54 34 34  Expected return on plan assets (78) (68) - -  Amortization of prior service cost - - 8 8  Amortization of the net loss 21 23 21 20  Net periodic cost (benefit) $ (6) $ 9 $ 110 $ 104         Six months ended June 30,  (in thousands)   Supplemental Executive  Pension Benefits Retirement Plan   2018 2017 2018 2017   Service cost $ - $ - $ 94 $ 84  Interest cost 102 108 68 68  Expected return on plan assets (156) (137) - -  Amortization of prior service cost - - 16 16  Amortization of the net loss 42 46 42 40  Net periodic cost (benefit) $ (12) $ 17 $ 220 $ 208  The components of net periodic benefit cost other than the service cost component are included in the line item “other expense” in the income statement.     |
Income Taxes
Income Taxes | 6 Months Ended |
Jun. 30, 2018 | |
Income Taxes [Abstract] | |
Income Taxes | 10. INCOME TAXES  In the second quarter of 2017, the Company recognized the impact of its investment in a partnership that incurred expenses related to the rehabilitation of a certified historic structure located in New York State after a historic structure was placed in service. At the time a historic structure is placed in service, the Bank is eligible for a federal and New York State tax credit. The Company’s accounting policies related to these investments and the resulting tax credits is detailed in Note 1 to the audited Consolidated Financial Statements on Form 10-K for the year ended December 31, 2017. There were no historic structures placed in service related to any of the Company’s investments in 2018 and thus there was no impact to the financial statements for the three and six month periods ended June 30, 2018. The impact for the three and six month periods ended June 30, 2017 was a loss on the investment of $0.9 million, the recording of the New York State tax credit of $0.6 million in non-interest income, and a benefit in income tax expense line of $0.2 million.  |
Revenue Recognition Of Non-Inte
Revenue Recognition Of Non-Interest Income | 6 Months Ended |
Jun. 30, 2018 | |
Revenue Recognition Of Non-Interest Income [Abstract] | |
Revenue Recognition Of Non-Interest Income | 11. REVENUE RECOGNITION OF NON-INTEREST INCOME  A description of the Company’s material revenue streams in non-interest income accounted for under ASC 606 follows:  Insurance Service and Fees : Insurance services revenue relates to various revenue streams from services provided by TEA and the Bank:  · TEA earns commission revenue from selling commercial and personal property and casualty (“P&C”) insurance as well as employee benefits (“EB”) solutions to commercial customers.   TEA has agreements with various insurance companies to sell policies to customers on behalf of the carriers. The performance obligation for TEA is to sell annual P&C policies to commercial customers and consumers. This performance obligation is met when a new policy is sold or when an existing policy renews. The policies are generally one year terms. In the agreements with the respective companies, a commission rate is agreed upon. The commission is recognized at the time of the sale of the policy or when a policy renews.  TEA has signed contracts with insurance carriers that enable TEA to sell benefit plans to commercial customers on behalf of the insurance carriers. The performance obligation for TEA is to sell the plans to commercial customers. After the initial sale when the customer signs an agreement to purchase the offered benefit plan, the performance obligation is met each month when a customer continues utilizing benefit plans from the carrier. The customer does not commit to a specific length of time with the carrier. In the agreements with the respective insurance companies, a commission rate is agreed upon. Revenue is recognized each month when the customer continues with the benefit plan sold by TEA.    · TEA also earns contingent profit sharing revenue. The insurance companies measure the loss ratio for TEA’s customers and will pay TEA according to how profitable TEA customers are.  TEA has signed written agreements with insurance carriers that document payouts to TEA based on the loss ratios of its customers. The performance obligation for TEA is to maintain a customer base with loss ratios below the agreed upon thresholds. In the contracts with the insurance companies, payout rates based on loss ratios are documented. The consideration is variable as loss ratios vary based on customer experience. TEA’s performance obligation is over the course of the year as its customers’ performance with insurance carriers is measured throughout the year as losses occur. Due to variable nature of contingent profit sharing revenue, TEA will accrue contingent profit sharing revenue throughout the year based on recent historical results. As loss events occur and overall performance becomes known to TEA, accrual adjustments will be made until the cash is ultimately received.  · Financial services commission revenue from the Bank related to wealth management such as life insurance, annuities, and mutual funds sales is also included in the “insurance service and fees” line of the income statement.  The Company earns wealth management fees from its contracts with customers for certain financial services. Fees that are transaction-based are recognized at the point in time that the transaction is executed. Other related services provided include financial planning services and the fees the Bank earns are recognized when the services are rendered.  · Insurance claims services revenue is recorded at FCS.  FCS has signed agreements with insurance companies to perform claims services including investigative and adjustment services related to residential and commercial lines. The performance obligation is for FCS to investigate the insurance claims and inspecting the damage to determine the extent of the insurance company’s liability. FCS is paid based on time and materials expended to investigate the claim. The rates paid are determined in the agreement between FCS and the respective insurance companies. Upon completion of its claims inspection work, FCS bills the insurance company for services rendered and recognizes the revenue earned.  A disaggregation of the total insurance service and other fees for the three and six month periods ended June 30, 2018 and 2017 is provided in the tables below:     Three months ended June 30,  2018 2017  Commercial property and casualty insurance commissions 613 572  Personal property and casualty insurance commissions 735 771  Employee benefits sales commissions 177 146  Profit sharing and contingent revenue 145 176  Wealth management and other financial services 168 97  Insurance claims services revenue 96 129  Other insurance-related revenue 18 21  Total insurance service and other fees 1,952 1,912           Six months ended June 30,  2018 2017  Commercial property and casualty insurance commissions 1,335 1,244  Personal property and casualty insurance commissions 1,332 1,385  Employee benefits sales commissions 423 198  Profit sharing and contingent revenue 304 749  Wealth management and other financial services 311 211  Insurance claims services revenue 169 249  Other insurance-related revenue 43 44  Total insurance service and other fees 3,917 4,080  |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 6 Months Ended |
Jun. 30, 2018 | |
Recent Accounting Pronouncements [Abstract] | |
Recent Accounting Pronouncements |  12. RECENT ACCOUNTING PRONOUNCEMENTS  Note 1 contains details on the impact of accounting pronouncements adopted in the six-month period ended June 30, 2018. The following proposed standards will be adopted in future periods:  ASU 2016-02, Leases . The objective of this ASU is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements to meet that objective. The main difference between previous GAAP and this ASU is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. Under this new guidance, a lessee should recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee have not significantly changed from previous GAAP. Information about the Company’s operating lease obligations is disclosed in Note 16 to the Company’s Consolidated Financial Statements included in Item 8 of the Annual Report on Form 10-K for the year ended December 31, 2017. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of the standard on its financial reporting.  ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments . Current GAAP requires an “incurred loss” methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. Both financial institutions and users of their financial statements expressed concern that current GAAP restricts the ability to record credit losses that are expected, but do not yet meet the “probable” threshold. The main objective of this ASU (commonly known as the Current Expected Credit Loss Impairment Model, or CECL, in the industry) is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in CECL replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments in CECL are effective for the Company for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The FASB expects that an entity will be able to leverage its current systems and methods for recording the allowance for credit losses. However, many financial institutions, particularly community banks similar in size to the Company and industry groups like the American Bankers Association, have expressed concern about the impact of CECL. The life of loan loss concept presents complexities that can decrease capital, and add both volatility to the allowance for loan losses (“ALLL”) estimates and additional costs. CECL may increase the ALLL, though many factors will determine the impact for each bank. Changes in expectations of future economic conditions play a large role in CECL and can significantly affect the credit loss estimate. A challenge for the Company could be the operational impact. Significant procedural challenges may be faced both in implementation and on an ongoing basis. The total impact of CECL to the Company’s financial statements is unknown but may be material. Implementation of CECL will be a significant project for the Company through the projected implementation date of January 1, 2020.  ASU 2017-04, Simplifying the Test for Goodwill Impairment. The objective of this ASU is to simplify how an entity is required to test goodwill impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the amendments in this ASU, an entity will perform its annual goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity would recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years. The Company does not expect the standard to have a material impact on the Company’s financial reporting.  ASU 2017-08, Premium Amortization on Purchased Callable Debt Securities . The objective of this ASU is to amend the amortization period for certain purchased callable debt securities held at a premium. The FASB is shortening the amortization period for the premium to the earliest call date. Under current GAAP, entities generally amortize the premium as an adjustment of yield over the contractual life of the investment. Current GAAP excludes certain callable debt securities from consideration of early repayment of principal even if the holder is certain that the call will be exercised. As a result, upon the exercise of a call on a callable debt security held at a premium, the unamortized premium is recorded as a loss in earnings. The amendments do no not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company does hold callable debt securities that were purchased at a premium and is currently evaluating the impact of the standard on its financial reporting.  |
Subsequent Events
Subsequent Events | 6 Months Ended |
Jun. 30, 2018 | |
Subsequent Events [Abstract] | |
Subsequent Events | 13. SUBSEQUENT EVENTS  TEA purchased the business of Richardson and Stout Insurance (“R&S”) on July 1, 2018 in what will be accounted for as a business combination for $5 million. R&S was an insurance agency in Wellsville, NY that offered personal and commercial property and casualty insurance agency services. The purchase agreement included an additional $1.5 million in cash and stock compensation to be paid by TEA should the former R&S owners remain employees of TEA through July 1, 2021. The $0.6 million in stock compensation will be made through an issuance of the Company’s stock based on the share price as of the close of business on June 29, 2018 of $46.10 . The impact of the purchase on the Company’s financial statements will be included on the Consolidated Balance Sheet as of September 30, 2018 and in the results reported in the Consolidated Statement of Income for the three-month period ended September 30, 2018 in next quarter’s Form 10-Q.  |
Organization And Summary Of S22
Organization And Summary Of Significant Accounting Policies (Policy) | 6 Months Ended |
Jun. 30, 2018 | |
Organization And Summary Of Significant Accounting Policies [Abstract] | |
Organization And Summary Of Significant Accounting Policies | The accounting and reporting policies followed by Evans Bancorp, Inc. (the “Company”), a financial holding company, and its two direct, wholly-owned subsidiaries: (i) Evans Bank, National Association (the “Bank”), and the Bank’s subsidiaries, Evans National Leasing, Inc. (“ENL”), Evans National Holding Corp. (“ENHC”) and Suchak Data Systems, LLC (“SDS”); and (ii) Evans National Financial Services, LLC (“ENFS”), and ENFS’s subsidiary, The Evans Agency, LLC (“TEA”), and TEA’s subsidiaries, Frontier Claims Services, Inc. (“FCS”) and ENB Associates Inc. (“ENBA”), in the preparation of the accompanying interim unaudited consolidated financial statements conform with U.S. generally accepted accounting principles (“GAAP”) and with general practice within the industries in which it operates. Except as the context otherwise requires, the Company and its direct and indirect subsidiaries are collectively referred to in this report as the “Company.”  The results of operations for the three and six month periods ended June 30, 2018 are not necessarily indicative of the results to be expected for the full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the Audited Consolidated Financial Statements and the Notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2017. The Company’s significant accounting policies are disclosed in Note 1 to the Form 10-K.  The Company adopted multiple accounting standards as of January 1, 2018 that impacted its consolidated financial statements. The impact on the Company’s equity as depicted in the Statement of Changes in Stockholders’ Equity is as follows:      As of January 1, 2018   Impact of adoption of ASU 2014-09:  Increase in accounts receivable 551  Tax effect (142)  Total 409   Impact of adoption of ASU 2016-01  Increase in fair value of equity securities 1,234  Tax effect (147)  Total 1,087   Total cumulative-effect adjustment due to change in accounting principles 1,496    On January 1, 2018, the Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers and all subsequent amendments to the ASU (collectively, “ASC 606”), which creates a single framework for recognizing revenue from contracts with customers that fall within its scope. The Company used the modified retrospective method with a cumulative-effect adjustment to retained earnings. The Company’s implementation efforts included the identification of revenue within the scope of the guidance, as well as the evaluation of revenue contracts. The majority of the Company’s revenues come from interest income on loans and securities that are outside the scope of ASC 606. The Company’s services that fall within the scope of ASC 606 are presented within Non-Interest Income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of ASC 606 include insurance services fees, deposit service charges, and interchange income. Further detail on the Company’s performance obligations and revenue recognition for these revenue streams is provided in Note 11 to these Unaudited Consolidated Financial Statements.  The Company did identify one revenue source, variable profit-sharing revenue for TEA, which will be accounted for differently in 2018 and beyond. Profit-sharing revenue is variable consideration that TEA earns based on the loss ratio of its customers at insurance companies. TEA typically receives payment in the year following the year in which the profit-sharing revenue is earned, with most payments received in the first quarter. Prior to January 1, 2018, the Company recognized profit-sharing revenue when the payment was received. Beginning with the results reported for periods in 2018 included in these financial statements, the Company will estimate this variable consideration based on past performance and loss experience known during the year and make subsequent adjustments to revenue when the uncertainty associated with the variable revenue is resolved. As of January 1, 2018, the Company recorded accounts  receivable of $551 thousand and the tax effect of $142 thousand through a cumulative-effect adjustment to beginning retained earnings, representing the profit sharing revenue earned in 2017 and expected to be received in 2018.  The Company adopted ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities and ASU 2018-03 Technical Corrections and Improvements to Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities on January 1, 2018 with a cumulative-effect adjustment to retained earnings. This ASU requires equity securities to be measured at fair value with changes in the fair value recognized through net income. As of December 31, 2017, the Company had an investment in the equity securities of another financial institution valued at the historical cost of $0.6 million. The Company used the cost method of accounting because its ownership of the financial institution was less than 5% of the outstanding shares. With the adoption of ASU 2016-01, the cost method is no longer an acceptable accounting principle. On January 1, 2018 the Company recorded an increase in the value of the investment of $1.2 million based on observable prices obtained from orderly transactions between market participants through opening retained earnings. While the financial institution is not publicly traded on a major stock exchange and is fairly illiquid, there is transaction activity that can be used by the Company to determine the fair value. The Company recognized an increase in fair value of $0.1 million and $0.2 million for the three and six month periods ended June 30, 2018, respectively, from the value at January 1, 2018 based on observable prices obtained from the latest orderly transactions in the respective periods, with the increase being recorded in earnings. Given the nature of equity investments and the requirement to record changes in the fair value of the investment through earnings, the adoption of this standard could lead to increased volatility to earnings.  ASU 2016-01 also contained other provisions impacting the Company’s disclosures, including using the exit price notion when measuring the fair value of financial instruments for disclosure purposes and eliminating the requirement for public business entities to disclose the methods and significant assumptions to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. Further details regarding the Company’s fair value measurements and corresponding disclosures are provided in Note 3 to these Unaudited Consolidated Financial Statements.  As of December 31, 2017, the Company had a $171 thousand valuation allowance on the deferred tax asset for the Company’s investments in historic tax credits. The valuation allowance was due to the nature of the loss to be recognized when the investment is ultimately sold (which for tax purposes will give rise to a capital loss) as the Company did not have any known capital gains in the future to be able to utilize the capital losses from these investments. With the increase in the value of the equity securities discussed in the preceding paragraph and the corresponding projected capital gains the increased value represents, the Company was able to release the valuation allowance on the deferred tax assets related to the historic tax credits in conjunction with the adoption of ASU 2016-01.  The Company adopted ASU 2017-07 Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost effective January 1, 2018. The update requires that an employer report the service cost component of net periodic pension cost in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net periodic pension cost such as interest cost, expected return on plan assets, gain or loss, and amortization of prior service cost are required to be presented in the income statement separately from the service cost component. If a separate line item is used to present the other components of net benefit cost, that line item must be appropriately described. Prior to adoption of this update, the Company presented all components of net periodic pension cost in its “salaries and benefits expense” on its income statement. The Company is presenting its income statement for the three and six month periods ended June 30, 2018 and 2017 with service cost as part of the “salaries and benefits expense” and the other components in “other expense.” Further details regarding the Company’s net periodic pension cost are provided in Note 9 to these Unaudited Consolidated Financial Statements.  ASU 2016-15 Classification of Certain Cash Receipts and Cash Payments : This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows under Topic 230, Statement of Cash Flows. The update had no impact on how the Company was already reporting or presenting its statement of cash flows.  ASU 2016-18 Restricted Cash : This update requires that a statement of cash flows explains the change during the period in the total cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. Previous to the update, there had been some diversity in practice. Given that the Company had already classified restricted cash such as cash reserves at the Federal Reserve as part of cash and cash equivalents on the cash flow statement, the update had no impact on how the Company was already reporting and presenting its statement of cash flows.  ASU 2017-01 Clarifying the Definition of a Business : This update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation . |
Organization And Summary Of S23
Organization And Summary Of Significant Accounting Policies (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Organization And Summary Of Significant Accounting Policies [Abstract] | |
Schedule Of Adopted Accounting Standards Impacted Consolidated Financial Statements |    As of January 1, 2018   Impact of adoption of ASU 2014-09:  Increase in accounts receivable 551  Tax effect (142)  Total 409   Impact of adoption of ASU 2016-01  Increase in fair value of equity securities 1,234  Tax effect (147)  Total 1,087   Total cumulative-effect adjustment due to change in accounting principles 1,496    |
Securities (Tables)
Securities (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Securities [Abstract] | |
Schedule Of Amortized Cost And Approximate Fair Value Of Securities |     June 30, 2018  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 36,906 $ - $ (1,007) $ 35,899  States and political subdivisions 23,780 95 (66) 23,809  Total debt securities $ 60,686 $ 95 $ (1,073) $ 59,708   Mortgage-backed securities:  FNMA $ 31,268 $ 26 $ (1,049) $ 30,245  FHLMC 15,718 14 (546) 15,186  GNMA 1,866 9 (43) 1,832  SBA 9,903 - (365) 9,538  CMO 26,665 - (1,241) 25,424  Total mortgage-backed securities $ 85,420 $ 49 $ (3,244) $ 82,225   Total securities designated as available for sale $ 146,106 $ 144 $ (4,317) $ 141,933   Held to Maturity:  Debt securities  States and political subdivisions $ 4,637 $ 8 $ (36) $ 4,609   Total securities designated as held to maturity $ 4,637 $ 8 $ (36) $ 4,609      December 31, 2017  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 28,407 $ 22 $ (376) $ 28,053  States and political subdivisions 29,169 246 (42) 29,373  Total debt securities $ 57,576 $ 268 $ (418) $ 57,426   Mortgage-backed securities:  FNMA $ 31,835 $ 69 $ (350) $ 31,554  FHLMC 14,708 22 (190) 14,540  GNMA 2,105 18 (21) 2,102  SBA 10,309 9 (103) 10,215  CMO 28,699 26 (744) 27,981  Total mortgage-backed securities $ 87,656 $ 144 $ (1,408) $ 86,392   Total securities designated as available for sale $ 145,232 $ 412 $ (1,826) $ 143,818   Held to Maturity:  Debt securities  States and political subdivisions $ 5,334 $ 1 $ (74) $ 5,261   Total securities designated as held to maturity $ 5,334 $ 1 $ (74) $ 5,261  |
Scheduled Maturities Of Debt And Mortgage-Backed Securities |     June 30, 2018 December 31, 2017  Amortized Estimated Amortized Estimated  cost fair value cost fair value  (in thousands) (in thousands)   Debt securities available for sale:   Due in one year or less $ 7,736 $ 7,746 $ 5,974 $ 5,990  Due after one year through five years 22,959 22,732 24,063 24,068  Due after five years through ten years 29,667 28,899 25,584 25,385  Due after ten years 324 331 1,955 1,983  60,686 59,708 57,576 57,426   Mortgage-backed securities  available for sale 85,420 82,225 87,656 86,392   Total available for sale securities $ 146,106 $ 141,933 $ 145,232 $ 143,818   Debt securities held to maturity:   Due in one year or less $ 3,432 $ 3,430 $ 4,077 $ 4,053  Due after one year through five years 883 870 690 661  Due after five years through ten years 228 223 473 464  Due after ten years 94 86 94 83  4,637 4,609 5,334 5,261   Total held to maturity securities $ 4,637 $ 4,609 $ 5,334 $ 5,261  |
Unrealized Losses On Securities |     June 30, 2018   Less than 12 months 12 months or longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  (in thousands)  Available for Sale:  Debt securities:  U.S. government agencies $ 19,509 $ (488) $ 12,390 $ (519) $ 31,899 $ (1,007)  States and political subdivisions 10,390 (50) 891 (16) 11,281 (66)  Total debt securities $ 29,899 $ (538) $ 13,281 $ (535) $ 43,180 $ (1,073)   Mortgage-backed securities:  FNMA $ 18,978 $ (588) $ 10,456 $ (461) $ 29,434 $ (1,049)  FHLMC 12,056 (417) 2,627 (129) 14,683 (546)  GNMA - - 1,046 (43) 1,046 (43)  SBA 5,467 (197) 4,070 (168) 9,537 (365)  CMO 10,217 (376) 15,208 (865) 25,425 (1,241)  Total mortgage-backed securities $ 46,718 $ (1,578) $ 33,407 $ (1,666) $ 80,125 $ (3,244)   Held to Maturity:  Debt securities:  States and political subdivisions $ 3,734 $ (6) $ 583 $ (30) $ 4,317 $ (36)   Total temporarily impaired  securities $ 80,351 $ (2,122) $ 47,271 $ (2,231) $ 127,622 $ (4,353)         December 31, 2017   Less than 12 months 12 months or longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  (in thousands)  Available for Sale:  Debt securities:  U.S. government agencies $ 15,151 $ (239) $ 6,863 $ (137) $ 22,014 $ (376)  States and political subdivisions 7,288 (28) 894 (14) 8,182 (42)  Total debt securities $ 22,439 $ (267) $ 7,757 $ (151) $ 30,196 $ (418)   Mortgage-backed securities:  FNMA $ 20,087 $ (207) $ 6,517 $ (143) $ 26,604 $ (350)  FHLMC 12,984 (147) 960 (43) 13,944 (190)  GNMA - - 1,212 (21) 1,212 (21)  SBA 4,516 (43) 1,769 (60) 6,285 (103)  CMO 11,023 (216) 14,753 (528) 25,776 (744)  Total mortgage-backed securities $ 48,610 $ (613) $ 25,211 $ (795) $ 73,821 $ (1,408)   Held to Maturity:  Debt securities:  States and political subdivisions $ 4,548 $ (37) $ 626 $ (37) $ 5,174 $ (74)   Total temporarily impaired  securities $ 75,597 $ (917) $ 33,594 $ (983) $ 109,191 $ (1,900)  |
Fair Value Measurements (Tables
Fair Value Measurements (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Financial Instruments Measured At Fair Value On Recurring Basis |    (in thousands) Level 1 Level 2 Level 3 Fair Value   June 30, 2018  Securities available-for-sale:  US government agencies $ - $ 35,899 $ - $ 35,899  States and political subdivisions - 23,809 - 23,809  Mortgage-backed securities - 82,225 - 82,225  Equity securities - - 2,058 2,058  Mortgage servicing rights - - 635 635   December 31, 2017  Securities available-for-sale:  US government agencies $ - $ 28,053 $ - $ 28,053  States and political subdivisions - 29,373 - 29,373  Mortgage-backed securities - 86,392 - 86,392  Mortgage servicing rights - - 586 586  |
Quantitative Information About Significant Unobservable Inputs For MSRs |     June 30, 2018 December 31, 2017  Servicing fees 0.25 % 0.25 %  Discount rate 9.50 % 9.50 %  Prepayment rate (CPR) 8.07 % 10.56 %  |
Financial Instruments Measured At Fair Value On Nonrecurring Basis |    (in thousands) Level 1 Level 2 Level 3 Fair Value   June 30, 2018  Collateral dependent impaired loans $ - $ - $ 24,125 $ 24,125   December 31, 2017  Collateral dependent impaired loans $ - $ - $ 14,464 $ 14,464  |
Estimated Fair Values Of Financial Instruments |     June 30, 2018 December 31, 2017  Carrying Fair Carrying Fair  Amount Value Amount Value  (in thousands) (in thousands)  Financial assets:  Level 1:  Cash and cash equivalents $ 16,765 $ 16,765 $ 21,330 $ 21,330  Equity securities 2,058 2,058 580 1,814  Level 2:  Available for sale securities 141,933 141,933 143,818 143,818  FHLB and FRB stock 3,399 3,399 6,779 6,779  Level 3:  Held to maturity securities 4,637 4,609 5,334 5,261  Loans, net 1,110,660 1,098,879 1,051,296 1,047,967  Mortgage servicing rights 635 635 586 586   Financial liabilities:  Level 1:  Demand deposits $ 224,373 $ 224,373 $ 219,664 $ 219,664  NOW deposits 121,170 121,170 109,378 109,378  Savings deposits 595,500 595,500 535,730 535,730  Level 2:  Securities sold under agreement to  repurchase 4,018 4,018 9,289 9,289  Other borrowed funds 10,000 9,806 88,250 88,132  Junior subordinated debentures 11,330 11,330 11,330 11,330  Level 3:  Time deposits 241,425 239,448 186,457 187,782  |
Equity Securities [Member] | |
Changes In Fair Value |     Three months ended June 30,  (in thousands) 2018 2017  Equity securities - April 1 $ 1,961 $ 580  Fair value change included in earnings 97 -  Equity securities - June 30 $ 2,058 $ 580           Six months ended June 30,  (in thousands) 2018 2017  Equity securities - December 31 $ 580 $ 580  Increase in recorded value due to adoption of ASU 2016-01 through beginning retained earnings 1,234 -  Fair value change included in earnings 244 -  Equity securities - June 30 $ 2,058 $ 580  |
Mortgage Servicing Rights [Member] | |
Changes In Fair Value |    Three months ended June 30,  (in thousands) 2018 2017  Mortgage servicing rights - April 1 $ 644 $ 564  Losses included in earnings (9) (32)  Additions from loan sales - 23  Mortgage servicing rights - June 30 $ 635 $ 555       Six months ended June 30,  (in thousands) 2018 2017  Mortgage servicing rights - January 1 $ 586 $ 527  Gains/(Losses) included in earnings 49 (21)  Additions from loan sales - 49  Mortgage servicing rights - June 30 $ 635 $ 555   |
Loans And The Allowance For L26
Loans And The Allowance For Loan Losses (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Loans And The Allowance For Loan Losses [Abstract] | |
Schedule Of Loan Portfolio Composition |     June 30, 2018 December 31, 2017  Mortgage loans on real estate: (in thousands)  Residential mortgages $ 146,076 $ 131,208  Commercial and multi-family 552,023 519,902  Construction-Residential 587 2,134  Construction-Commercial 115,519 107,274  Home equities 69,319 69,745  Total real estate loans 883,524 830,263   Commercial and industrial loans 239,485 232,211  Consumer and other loans 1,447 1,654  Net deferred loan origination costs 1,439 1,187  Total gross loans 1,125,895 1,065,315   Allowance for loan losses (15,235) (14,019)   Loans, net $ 1,110,660 $ 1,051,296  |
Data, At Class Level, Of Credit Quality Indicators Of Certain Loans |     June 30, 2018  (in thousands)  Corporate Credit Exposure – By Credit Rating Commercial Real Estate Construction Commercial and Multi-Family Mortgages Total Commercial Real Estate Commercial and Industrial  Acceptable or better $ 65,378 $ 439,190 $ 504,568 $ 174,153  Watch 41,166 92,419 133,585 54,457  Special Mention - 11,395 11,395 6,845  Substandard 8,975 9,019 17,994 3,324  Doubtful/Loss - - - 706  Total $ 115,519 $ 552,023 $ 667,542 $ 239,485        December 31, 2017  (in thousands)  Corporate Credit Exposure – By Credit Rating Commercial Real Estate Construction Commercial and Multi-Family Mortgages Total Commercial Real Estate Commercial and Industrial  Acceptable or better $ 83,203 $ 418,819 $ 502,022 $ 158,181  Watch 24,071 87,746 111,817 57,827  Special Mention - 4,106 4,106 13,247  Substandard - 9,231 9,231 2,134  Doubtful/Loss - - - 822  Total $ 107,274 $ 519,902 $ 627,176 $ 232,211  |
Recorded Investment In Loans Past Due |    June 30, 2018  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 235,827 $ 882 $ 300 $ - $ 2,476 $ 239,485  Residential real estate:  Residential 144,599 320 - - 1,157 146,076  Construction 587 - - - - 587  Commercial real estate:  Commercial 535,511 6,425 967 385 8,735 552,023  Construction 106,157 154 - 233 8,975 115,519  Home equities 67,786 227 57 - 1,249 69,319  Consumer and other 1,447 - - - - 1,447  Total Loans $ 1,091,914 $ 8,008 $ 1,324 $ 618 $ 22,592 $ 1,124,456  Note: Loan balances do not include $ 1. 4 million in net deferred loan origination costs as of June 30, 2018.        December 31, 2017  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 225,915 $ 4,019 $ 163 $ 365 $ 1,749 $ 232,211  Residential real estate:  Residential 129,251 731 - - 1,226 131,208  Construction 2,134 - - - - 2,134  Commercial real estate:  Commercial 508,044 2,611 - 309 8,938 519,902  Construction 102,109 3,239 1,926 - - 107,274  Home equities 68,415 171 40 - 1,119 69,745  Consumer and other 1,628 11 6 - 9 1,654  Total Loans $ 1,037,496 $ 10,782 $ 2,135 $ 674 $ 13,041 $ 1,064,128  Note: Loan balances do not include $1.2 million in net deferred loan origination costs as of December 31, 2017. |
Schedule Of Allowance For Loan Losses According To Portfolio Segment | The following tables present the activity in the allowance for loan losses according to portfolio segment for the six month periods ended June 30, 2018 and 2017:         June 30, 2018   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 5,204 $ 7,409 $ 109 $ 950 $ 347 $ 14,019  Charge-offs (67) - (64) (86) (11) (228)  Recoveries 13 - 4 - 1 18  Provision (Credit) (809) 2,036 41 161 (3) 1,426  Ending balance $ 4,341 $ 9,445 $ 90 $ 1,025 $ 334 $ 15,235   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 94 $ 1,245 $ 24 $ 38 $ - $ 1,401  Collectively evaluated  for impairment 4,247 8,200 66 987 334 13,834  Total $ 4,341 $ 9,445 $ 90 $ 1,025 $ 334 $ 15,235   Loans:  Ending balance:  Individually evaluated  for impairment $ 2,936 $ 18,475 $ 24 $ 2,522 $ 1,904 $ 25,861  Collectively evaluated  for impairment 236,549 649,067 1,423 144,141 67,415 1,098,595  Total $ 239,485 $ 667,542 $ 1,447 $ 146,663 $ 69,319 $ 1,124,456    * Includes construction loans  Note: Loan balances do not include $ 1. 4 million in net deferred loan origination costs as of June 30, 2018.        June 30, 2017   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 4,813 $ 7,890 $ 96 $ 769 $ 348 $ 13,916  Charge-offs (33) - (33) - - (66)  Recoveries 331 - 21 - 1 353  Provision (Credit) (141) 9 20 63 24 (25)  Ending balance $ 4,970 $ 7,899 $ 104 $ 832 $ 373 $ 14,178   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 681 $ 1,189 $ 42 $ 1 $ 2 $ 1,915  Collectively evaluated  for impairment 4,289 6,710 62 831 371 12,263  Total $ 4,970 $ 7,899 $ 104 $ 832 $ 373 $ 14,178   Loans:  Ending balance:  Individually evaluated  for impairment $ 2,665 $ 12,298 $ 42 $ 2,834 $ 1,651 $ 19,490  Collectively evaluated  for impairment 205,104 561,558 1,460 123,333 64,493 955,948  Total $ 207,769 $ 573,856 $ 1,502 $ 126,167 $ 66,144 $ 975,438  * Includes construction loans  Note: Loan balances do not include $ 1.1 million in net deferred loan origination costs as of June 30, 2017.    The following tables present the activity in the allowance for loan losses according to portfolio segment for the three month periods ended June 30, 2018 and 2017:     June 30, 2018  ($ in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 5,115 $ 8,145 $ 96 $ 1,007 $ 330 $ 14,693  Charge-offs - - (30) (86) (11) (127)  Recoveries 7 - 3 - - 10  Provision (Credit) (781) 1,300 21 104 15 659  Ending balance $ 4,341 $ 9,445 $ 90 $ 1,025 $ 334 $ 15,235        June 30, 2017  ($ in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 3,963 $ 8,198 $ 135 $ 919 $ 364 $ 13,579  Charge-offs - - (5) - - (5)  Recoveries 184 - 9 - 1 194  Provision (Credit) 823 (299) (35) (87) 8 410  Ending balance $ 4,970 $ 7,899 $ 104 $ 832 $ 373 $ 14,178  *Includes construction loans |
Data, At Class Level, Of Impaired Loans |    At June 30, 2018  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With no related allowance recorded: (in thousands)  Commercial and industrial $ 2,625 $ 3,772 $ - $ 2,716 $ 72 $ 50  Residential real estate:  Residential 2,062 2,321 - 2,136 21 32  Construction - - - - - -  Commercial real estate:  Commercial 2,778 2,903 - 2,818 46 58  Construction 154 154 - 169 - 7  Home equities 1,904 2,045 - 1,946 39 16  Consumer and other - - - - - -  Total impaired loans $ 9,523 $ 11,195 $ - $ 9,785 $ 178 $ 163      At June 30, 2018  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With a related allowance recorded: (in thousands)  Commercial and industrial $ 311 $ 339 $ 94 $ 326 $ 11 $ 1  Residential real estate:  Residential 460 484 38 463 12 -  Construction - - - - - -  Commercial real estate:  Commercial 6,568 6,769 511 6,624 148 -  Construction 8,975 8,975 734 8,975 120 113  Home equities - - - - - -  Consumer and other 24 28 24 24 - 1  Total impaired loans $ 16,338 $ 16,595 $ 1,401 $ 16,412 $ 291 $ 115      At June 30, 2018  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 2,936 $ 4,111 $ 94 $ 3,042 $ 83 $ 51  Residential real estate:  Residential 2,522 2,805 38 2,599 33 32  Construction - - - - - -  Commercial real estate:  Commercial 9,346 9,672 511 9,442 194 58  Construction 9,129 9,129 734 9,144 120 120  Home equities 1,904 2,045 - 1,946 39 16  Consumer and other 24 28 24 24 - 1  Total impaired loans $ 25,861 $ 27,790 $ 1,401 $ 26,197 $ 469 $ 278       At December 31, 2017  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With no related allowance recorded: (in thousands)  Commercial and industrial $ 1,023 $ 1,917 $ - $ 1,704 $ 92 $ 28  Residential real estate:  Residential 2,415 2,594 - 2,456 46 83  Construction - - - - - -  Commercial real estate:  Commercial 2,336 2,469 - 2,449 134 32  Construction 187 187 - 218 - 13  Home equities 1,785 1,892 - 1,828 62 33  Consumer and other - - - - - -  Total impaired loans $ 7,746 $ 9,059 $ - $ 8,655 $ 334 $ 189      At December 31, 2017  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  With a related allowance recorded: (in thousands)  Commercial and industrial $ 1,240 $ 1,431 $ 372 $ 1,279 $ 79 $ 12  Residential real estate:  Residential 196 196 28 196 6 3  Construction - - - - - -  Commercial real estate:  Commercial 6,689 6,819 643 6,755 156 129  Construction - - - - - -  Home equities - - - - - -  Consumer and other 34 59 34 37 3 2  Total impaired loans $ 8,159 $ 8,505 $ 1,077 $ 8,267 $ 244 $ 146      At December 31, 2017  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 2,263 $ 3,348 $ 372 $ 2,983 $ 171 $ 40  Residential real estate:  Residential 2,611 2,790 28 2,652 52 86  Construction - - - - - -  Commercial real estate:  Commercial 9,025 9,288 643 9,204 290 161  Construction 187 187 - 218 - 13  Home equities 1,785 1,892 - 1,828 62 33  Consumer and other 34 59 34 37 3 2  Total impaired loans $ 15,905 $ 17,564 $ 1,077 $ 16,922 $ 578 $ 335  |
Loans Classified As Troubled Debt Restructurings |    June 30, 2018  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 749 $ 289 $ 460 $ 56  Residential real estate:  Residential 1,627 262 1,365 3  Construction - - - -  Commercial real estate:  Commercial and multi-family 4,330 3,719 611 146  Construction 154 - 154 -  Home equities 782 127 655 -  Consumer and other 24 - 24 24  Total TDR loans $ 7,666 $ 4,397 $ 3,269 $ 229      December 31, 2017  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 734 $ 220 $ 514 $ 8  Residential real estate:  Residential 1,656 271 1,385 -  Construction - - - -  Commercial real estate:  Commercial and multi-family 3,854 3,767 87 236  Construction 187 - 187 -  Home equities 794 128 666 -  Consumer and other 25 - 25 24  Total TDR loans $ 7,250 $ 4,386 $ 2,864 $ 268  |
TDR Activity By Type Of Concession Granted To Borrower |    Three months ended June 30, 2018 Three months ended June 30, 2017  (Recorded Investment in thousands) (Recorded Investment in thousands)  Troubled Debt Restructurings by Type of Concession Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment   Commercial and Industrial:  Term-out line of credit 1 $ 29 $ 29 - $ - $ -  Combination of concessions 1 63 63 - - -  Residential Real Estate & Construction - - - - - -  Commercial Real Estate & Construction:  Extension of maturity - - - 1 20 20  Combination of concessions 1 154 154 - - -  Home Equities - - - - - -  Deferral of principal 1 100 100 - - -  Consumer and other loans - - - - - -        Six months ended June 30, 2018 Six months ended June 30, 2017  (Recorded Investment in thousands) (Recorded Investment in thousands)  Troubled Debt Restructurings by Type of Concession Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment   Commercial and Industrial:  Term-out line of credit 1 $ 29 $ 29 1 $ 180 $ 180  Combination of concessions 1 63 63 - - -  Residential Real Estate & Construction: - - - - - -  Commercial Real Estate & Construction:  Extension of maturity 1 181 181 3 5,073 5,073  Combination of concessions 1 154 154 - - -  Home Equities:  Deferral of principal 1 100 100 - - -  Extension of maturity and  interest rate reduction - - - 1 20 20  Consumer and other loans - - - - - -  |
Other Comprehensive Income (Tab
Other Comprehensive Income (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Other Comprehensive Income [Abstract] | |
Schedule of Accumulated Other Comprehensive Income (Loss) |      Balance at March 31, 2018 Net Change Balance at June 30, 2018  (in thousands)  Net unrealized loss on investment securities $ (2,409) $ (684) $ (3,093)  Net defined benefit pension plan adjustments (2,326) 36 (2,290)  Total $ (4,735) $ (648) $ (5,383)   Balance at March 31, 2017 Net Change Balance at June 30, 2017  (in thousands)  Net unrealized (loss) gain on investment securities $ (178) $ 3 $ (175)  Net defined benefit pension plan adjustments (1,996) 31 (1,965)  Total $ (2,174) $ 34 $ (2,140)     Balance at December 31, 2017 Net Change Balance at June 30, 2018  (in thousands)  Net unrealized loss on investment securities $ (1,049) $ (2,044) $ (3,093)  Net defined benefit pension plan adjustments (2,368) 78 (2,290)  Total $ (3,417) $ (1,966) $ (5,383)   Balance at December 31, 2016 Net Change Balance at June 30, 2017  (in thousands)  Net unrealized (loss) gain on investment securities $ (365) $ 190 $ (175)  Net defined benefit pension plan adjustments (2,059) 94 (1,965)  Total $ (2,424) $ 284 $ (2,140)  |
Components Of Other Comprehensive Income (Loss) |    Three months ended June 30, 2018 Three months ended June 30, 2017  (in thousands) (in thousands)  Before-Tax Amount Income Tax (Provision) Benefit Net-of-Tax Amount Before-Tax Amount Income Tax (Provision) Benefit Net-of-Tax Amount  Unrealized (loss) gain on investment  securities:  Unrealized (loss) gain on investment  securities $ (921) $ 237 $ (684) $ 7 $ (4) $ 3   Defined benefit pension plan  adjustments:  Reclassifications from accumulated other  comprehensive income for gains  Amortization of prior service cost (a) $ 8 $ (3) $ 5 $ 8 $ (3) $ 5  Amortization of actuarial loss (a) 42 (11) 31 43 (17) 26  Net change 50 (14) 36 51 (20) 31   Other Comprehensive (Loss) Income $ (871) $ 223 $ (648) $ 58 $ (24) $ 34  (a) Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs”       Six months ended June 30, 2018 Six months ended June 30, 2017  (in thousands) (in thousands)  Before-Tax Amount Income Tax (Provision) Benefit Net-of-Tax Amount Before-Tax Amount Income Tax (Provision) Benefit (b) Net-of-Tax Amount  Unrealized (loss) gain on investment  securities:  Unrealized (loss) gain on investment  securities $ (2,759) $ 715 $ (2,044) $ 303 $ (113) $ 190   Defined benefit pension plan  adjustments:  Reclassifications from accumulated other  comprehensive income for gains  Amortization of prior service cost (a) $ 16 $ (5) $ 11 $ 16 $ (1) $ 15  Amortization of actuarial loss (a) 84 (17) 67 86 (7) 79  Net change 100 (22) 78 102 (8) 94   Other Comprehensive (Loss) Income $ (2,659) $ 693 $ (1,966) $ 405 $ (121) $ 284  (a) Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs” (b) Tax benefit includes impact of re-valuation of deferred tax asset due to increase in marginal federal income tax rate from 34% to 35% . |
Segment Information (Tables)
Segment Information (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Segment Information [Abstract] | |
Schedule Of Business Segments |     Three months ended June 30, 2018  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 12,225 $ (29) $ 12,196  Provision for loan losses 659 - 659  Net interest income (expense) after  provision for loan losses 11,566 (29) 11,537  Non-interest income 1,687 - 1,687  Insurance service and fees 164 1,788 1,952  Amortization expense - 28 28  Non-interest expense 8,624 1,581 10,205  Income before income taxes 4,793 150 4,943  Income tax provision 1,105 47 1,152  Net income $ 3,688 $ 103 $ 3,791        Three months ended June 30, 2017  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 10,144 $ (26) $ 10,118  Provision for loan losses 410 - 410  Net interest income (expense) after  provision for loan losses 9,734 (26) 9,708  Non-interest income 1,177 - 1,177  Insurance service and fees 96 1,816 1,912  Amortization expense - 28 28  Non-interest expense 7,874 1,415 9,289  Income before income taxes 3,133 347 3,480  Income tax provision 729 133 862  Net income $ 2,404 $ 214 $ 2,618         Six months ended June 30, 2018  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 23,704 $ (56) $ 23,648  Provision for loan losses 1,426 - 1,426  Net interest income (expense) after  provision for loan losses 22,278 (56) 22,222  Non-interest income 3,508 - 3,508  Insurance service and fees 301 3,616 3,917  Amortization expense - 56 56  Non-interest expense 17,189 3,159 20,348  Income before income taxes 8,898 345 9,243  Income tax provision 2,043 90 2,133  Net income $ 6,855 $ 255 $ 7,110        Six months ended June 30, 2017  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 19,814 $ (52) $ 19,762  Provision for loan losses (25) - (25)  Net interest income (expense) after  provision for loan losses 19,839 (52) 19,787  Non-interest income 2,531 - 2,531  Insurance service and fees 205 3,875 4,080  Amortization expense - 56 56  Non-interest expense 15,521 2,795 18,316  Income before income taxes 7,054 972 8,026  Income tax provision 1,888 374 2,262  Net income $ 5,166 $ 598 $ 5,764  |
Contingent Liabilities And Co29
Contingent Liabilities And Commitments (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Contingent Liabilities And Commitments [Abstract] | |
Summary Of Commitments And Contingent Liabilities |    June 30, December 31,  2018 2017  (in thousands)   Commitments to extend credit $ 264,802 $ 247,540  Standby letters of credit 3,549 3,115  Total $ 268,351 $ 250,655  |
Net Periodic Benefit Costs (Tab
Net Periodic Benefit Costs (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Net Periodic Benefit Costs [Abstract] | |
Schedule Of Net Periodic Cost |     Three months ended June 30,  (in thousands)   Supplemental Executive  Pension Benefits Retirement Plan   2018 2017 2018 2017   Service cost $ - $ - $ 47 $ 42  Interest cost 51 54 34 34  Expected return on plan assets (78) (68) - -  Amortization of prior service cost - - 8 8  Amortization of the net loss 21 23 21 20  Net periodic cost (benefit) $ (6) $ 9 $ 110 $ 104         Six months ended June 30,  (in thousands)   Supplemental Executive  Pension Benefits Retirement Plan   2018 2017 2018 2017   Service cost $ - $ - $ 94 $ 84  Interest cost 102 108 68 68  Expected return on plan assets (156) (137) - -  Amortization of prior service cost - - 16 16  Amortization of the net loss 42 46 42 40  Net periodic cost (benefit) $ (12) $ 17 $ 220 $ 208  |
Revenue Recognition Of Non-In31
Revenue Recognition Of Non-Interest Income (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Revenue Recognition Of Non-Interest Income [Abstract] | |
Schedule Of Disaggregation Of Insurance Service And Other Fees |     Three months ended June 30,  2018 2017  Commercial property and casualty insurance commissions 613 572  Personal property and casualty insurance commissions 735 771  Employee benefits sales commissions 177 146  Profit sharing and contingent revenue 145 176  Wealth management and other financial services 168 97  Insurance claims services revenue 96 129  Other insurance-related revenue 18 21  Total insurance service and other fees 1,952 1,912           Six months ended June 30,  2018 2017  Commercial property and casualty insurance commissions 1,335 1,244  Personal property and casualty insurance commissions 1,332 1,385  Employee benefits sales commissions 423 198  Profit sharing and contingent revenue 304 749  Wealth management and other financial services 311 211  Insurance claims services revenue 169 249  Other insurance-related revenue 43 44  Total insurance service and other fees 3,917 4,080  |
Organization And Summary Of S32
Organization And Summary Of Significant Accounting Policies (Narrative) (Details) $ in Thousands | Jan. 01, 2018USD ($) | Jun. 30, 2018USD ($) | Jun. 30, 2018USD ($)entity | Dec. 31, 2017USD ($) |
Number of subsidiaries | entity | 2 | |||
Fair value change included in earnings | $ 100 | $ 200 | ||
Equity securities | $ 2,058 | $ 2,058 | $ 580 | |
Valuation allowance on deferred tax asset for investment in historic tax credits | $ 171 | |||
Accounts Receivable [Member] | ASU 2014-09 [Member] | ||||
Increase in | $ 551 | |||
Tax effect | $ (142) |
Organization And Summary Of S33
Organization And Summary Of Significant Accounting Policies (Schedule Of Adopted Accounting Standards Impacted Consolidated Financial Statements) (Details) $ in Thousands | Jan. 01, 2018USD ($) |
Retained Earnings Adjustments [Line Items] | |
Total cumulative-effect adjustment due to change in accounting principles | $ 1,496 |
ASU 2014-09 [Member] | Accounts Receivable [Member] | |
Retained Earnings Adjustments [Line Items] | |
Increase in | 551 |
Tax effect | (142) |
Total | 409 |
ASU 2016-01 [Member] | Equity Securities [Member] | |
Retained Earnings Adjustments [Line Items] | |
Increase in | 1,234 |
Tax effect | (147) |
Total | $ 1,087 |
Securities (Narrative) (Details
Securities (Narrative) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2018 | Dec. 31, 2017 | |
Schedule of Available-for-sale Securities [Line Items] | ||
Available for sale securities pledged as collateral | $ 142,000 | $ 138,000 |
Other-than-temporary impairment charges | $ 0 | $ 0 |
Minimum [Member] | Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Contractual maturities duration | 10 years |
Securities (Schedule Of Amortiz
Securities (Schedule Of Amortized Cost And Approximate Fair Value Of Securities) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | $ 146,106 | $ 145,232 |
Available for Sale, Unrealized Gains | 144 | 412 |
Available for Sale, Unrealized Losses | (4,317) | (1,826) |
Available for Sale, Fair Value | 141,933 | 143,818 |
Held to maturity, Amortized cost | 4,637 | 5,334 |
Held to Maturity, Unrealized Gains | 8 | 1 |
Held to Maturity, Unrealized Losses | (36) | (74) |
Held to Maturity, Fair Value | 4,609 | 5,261 |
States and Political Subdivisions [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Held to maturity, Amortized cost | 4,637 | 5,334 |
Held to Maturity, Unrealized Gains | 8 | 1 |
Held to Maturity, Unrealized Losses | (36) | (74) |
Held to Maturity, Fair Value | 4,609 | 5,261 |
U.S. Government Agencies [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 36,906 | 28,407 |
Available for Sale, Unrealized Gains | 22 | |
Available for Sale, Unrealized Losses | (1,007) | (376) |
Available for Sale, Fair Value | 35,899 | 28,053 |
States and Political Subdivisions [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 23,780 | 29,169 |
Available for Sale, Unrealized Gains | 95 | 246 |
Available for Sale, Unrealized Losses | (66) | (42) |
Available for Sale, Fair Value | 23,809 | 29,373 |
Total Debt Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 60,686 | 57,576 |
Available for Sale, Unrealized Gains | 95 | 268 |
Available for Sale, Unrealized Losses | (1,073) | (418) |
Available for Sale, Fair Value | 59,708 | 57,426 |
FNMA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 31,268 | 31,835 |
Available for Sale, Unrealized Gains | 26 | 69 |
Available for Sale, Unrealized Losses | (1,049) | (350) |
Available for Sale, Fair Value | 30,245 | 31,554 |
FHLMC [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 15,718 | 14,708 |
Available for Sale, Unrealized Gains | 14 | 22 |
Available for Sale, Unrealized Losses | (546) | (190) |
Available for Sale, Fair Value | 15,186 | 14,540 |
GNMA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 1,866 | 2,105 |
Available for Sale, Unrealized Gains | 9 | 18 |
Available for Sale, Unrealized Losses | (43) | (21) |
Available for Sale, Fair Value | 1,832 | 2,102 |
SBA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 9,903 | 10,309 |
Available for Sale, Unrealized Gains | 9 | |
Available for Sale, Unrealized Losses | (365) | (103) |
Available for Sale, Fair Value | 9,538 | 10,215 |
CMO [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 26,665 | 28,699 |
Available for Sale, Unrealized Gains | 26 | |
Available for Sale, Unrealized Losses | (1,241) | (744) |
Available for Sale, Fair Value | 25,424 | 27,981 |
Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities available for sale, Amortized cost | 85,420 | 87,656 |
Available for Sale, Unrealized Gains | 49 | 144 |
Available for Sale, Unrealized Losses | (3,244) | (1,408) |
Available for Sale, Fair Value | $ 82,225 | $ 86,392 |
Securities (Scheduled Maturitie
Securities (Scheduled Maturities Of Debt And Mortgage-Backed Securities) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Securities [Abstract] | ||
Debt securities available for sale, Due in one year or less, Amortized cost | $ 7,736 | $ 5,974 |
Debt securities available for sale, Due after one year through five years, Amortized cost | 22,959 | 24,063 |
Debt securities available for sale, Due after five years through ten years, Amortized cost | 29,667 | 25,584 |
Debt securities available for sale, Due after ten years, Amortized cost | 324 | 1,955 |
Debt securities available for sale, Amortized cost | 60,686 | 57,576 |
Mortgage-backed securities available for sale, Amortized cost | 85,420 | 87,656 |
Total securities available for sale, Amortized cost | 146,106 | 145,232 |
Debt securities available for sale, Due in one year or less, Estimated fair value | 7,746 | 5,990 |
Debt securities available for sale, Due after one year through five years, Estimated fair value | 22,732 | 24,068 |
Debt securities available for sale, Due after five years through ten years, Estimated fair value | 28,899 | 25,385 |
Debt securities available for sale, Due after ten years, Estimated fair value | 331 | 1,983 |
Debt securities available for sale, Estimated fair value | 59,708 | 57,426 |
Mortgage-backed securities available for sale, Estimated fair value | 82,225 | 86,392 |
Total securities available for sale, Estimated fair value | 141,933 | 143,818 |
Debt securities held to maturity, Due in one year or less, Amortized cost | 3,432 | 4,077 |
Debt securities held to maturity, Due after one year through five years, Amortized cost | 883 | 690 |
Debt securities held to maturity, Due after five years through ten years, Amortized cost | 228 | 473 |
Debt securities held to maturity, Due after ten years, Amortized cost | 94 | 94 |
Held to maturity, Amortized cost | 4,637 | 5,334 |
Debt securities held to maturity, Due in one year or less, Estimated fair value | 3,430 | 4,053 |
Debt securites held to maturity, Due after one year through five years, Estimated fair value | 870 | 661 |
Debt securites held to maturity, Due after five years through ten years, Estimated fair value | 223 | 464 |
Debt securities held to maturity, Due after ten years, Estimated fair value | 86 | 83 |
Held to maturity, Estimated fair value | $ 4,609 | $ 5,261 |
Securities (Unrealized Losses O
Securities (Unrealized Losses On Securities) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Schedule of Available-for-sale Securities [Line Items] | ||
Total temporarily impaired securities, Less than 12 months, Fair Value | $ 80,351 | $ 75,597 |
Total temporarily impaired securities, 12 months or longer, Fair Value | 47,271 | 33,594 |
Total temporarily impaired securities, Total, Fair Value | 127,622 | 109,191 |
Total temporarily impaired securities, Less than 12 months, Unrealized Losses | (2,122) | (917) |
Total temporarily impaired securities, 12 months or longer, Unrealized Losses | (2,231) | (983) |
Total temporarily impaired securities, Total, Unrealized Losses | (4,353) | (1,900) |
States and Political Subdivisions [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Held To Maturity, Less than 12 months, Fair Value | 3,734 | 4,548 |
Held To Maturity, 12 months or longer, Fair Value | 583 | 626 |
Held To Maturity, Total, Fair Value | 4,317 | 5,174 |
Held To Maturity, Less than 12 months, Unrealized Losses | (6) | (37) |
Held To Maturity, 12 months or longer, Unrealized Losses | (30) | (37) |
Held To Maturity, Total, Unrealized Losses | (36) | (74) |
U.S. Government Agencies [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 19,509 | 15,151 |
Available for Sale, 12 months or longer, Fair Value | 12,390 | 6,863 |
Available for Sale, Total, Fair Value | 31,899 | 22,014 |
Available for Sale, Less than 12 months, Unrealized Losses | (488) | (239) |
Available for Sale, 12 months or longer, Unrealized Losses | (519) | (137) |
Available for Sale, Total, Unrealized Losses | (1,007) | (376) |
States and Political Subdivisions [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 10,390 | 7,288 |
Available for Sale, 12 months or longer, Fair Value | 891 | 894 |
Available for Sale, Total, Fair Value | 11,281 | 8,182 |
Available for Sale, Less than 12 months, Unrealized Losses | (50) | (28) |
Available for Sale, 12 months or longer, Unrealized Losses | (16) | (14) |
Available for Sale, Total, Unrealized Losses | (66) | (42) |
Total Debt Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 29,899 | 22,439 |
Available for Sale, 12 months or longer, Fair Value | 13,281 | 7,757 |
Available for Sale, Total, Fair Value | 43,180 | 30,196 |
Available for Sale, Less than 12 months, Unrealized Losses | (538) | (267) |
Available for Sale, 12 months or longer, Unrealized Losses | (535) | (151) |
Available for Sale, Total, Unrealized Losses | (1,073) | (418) |
FNMA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 18,978 | 20,087 |
Available for Sale, 12 months or longer, Fair Value | 10,456 | 6,517 |
Available for Sale, Total, Fair Value | 29,434 | 26,604 |
Available for Sale, Less than 12 months, Unrealized Losses | (588) | (207) |
Available for Sale, 12 months or longer, Unrealized Losses | (461) | (143) |
Available for Sale, Total, Unrealized Losses | (1,049) | (350) |
FHLMC [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 12,056 | 12,984 |
Available for Sale, 12 months or longer, Fair Value | 2,627 | 960 |
Available for Sale, Total, Fair Value | 14,683 | 13,944 |
Available for Sale, Less than 12 months, Unrealized Losses | (417) | (147) |
Available for Sale, 12 months or longer, Unrealized Losses | (129) | (43) |
Available for Sale, Total, Unrealized Losses | (546) | (190) |
GNMA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, 12 months or longer, Fair Value | 1,046 | 1,212 |
Available for Sale, Total, Fair Value | 1,046 | 1,212 |
Available for Sale, 12 months or longer, Unrealized Losses | (43) | (21) |
Available for Sale, Total, Unrealized Losses | (43) | (21) |
SBA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 5,467 | 4,516 |
Available for Sale, 12 months or longer, Fair Value | 4,070 | 1,769 |
Available for Sale, Total, Fair Value | 9,537 | 6,285 |
Available for Sale, Less than 12 months, Unrealized Losses | (197) | (43) |
Available for Sale, 12 months or longer, Unrealized Losses | (168) | (60) |
Available for Sale, Total, Unrealized Losses | (365) | (103) |
CMO [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 10,217 | 11,023 |
Available for Sale, 12 months or longer, Fair Value | 15,208 | 14,753 |
Available for Sale, Total, Fair Value | 25,425 | 25,776 |
Available for Sale, Less than 12 months, Unrealized Losses | (376) | (216) |
Available for Sale, 12 months or longer, Unrealized Losses | (865) | (528) |
Available for Sale, Total, Unrealized Losses | (1,241) | (744) |
Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 46,718 | 48,610 |
Available for Sale, 12 months or longer, Fair Value | 33,407 | 25,211 |
Available for Sale, Total, Fair Value | 80,125 | 73,821 |
Available for Sale, Less than 12 months, Unrealized Losses | (1,578) | (613) |
Available for Sale, 12 months or longer, Unrealized Losses | (1,666) | (795) |
Available for Sale, Total, Unrealized Losses | $ (3,244) | $ (1,408) |
Fair Value Measurements (Narrat
Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2018 | Dec. 31, 2017 | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Impaired loans | $ 25,861 | $ 15,905 |
Impaired loans, allowance for loan loss | $ 1,401 | 1,077 |
Consumer And Other Loans [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Period past due for loan appraisals | 90 days | |
Impaired loans | $ 24 | 34 |
Impaired loans, allowance for loan loss | $ 24 | $ 34 |
Fair Value Measurements (Financ
Fair Value Measurements (Financial Instruments Measured At Fair Value On Recurring Basis) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | $ 141,933 | $ 143,818 |
Equity securities | 2,058 | 580 |
Mortgage servicing rights | 635 | 586 |
U.S. Government Agencies [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 35,899 | 28,053 |
States and Political Subdivisions [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 23,809 | 29,373 |
Mortgage-Backed Securities [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 82,225 | 86,392 |
Recurring [Member] | Level 1 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Equity securities | ||
Mortgage servicing rights | ||
Recurring [Member] | Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Equity securities | 2,058 | |
Mortgage servicing rights | 635 | 586 |
Recurring [Member] | U.S. Government Agencies [Member] | Level 1 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | ||
Recurring [Member] | U.S. Government Agencies [Member] | Level 2 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 35,899 | 28,053 |
Recurring [Member] | States and Political Subdivisions [Member] | Level 1 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | ||
Recurring [Member] | States and Political Subdivisions [Member] | Level 2 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 23,809 | 29,373 |
Recurring [Member] | Mortgage-Backed Securities [Member] | Level 1 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | ||
Recurring [Member] | Mortgage-Backed Securities [Member] | Level 2 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | $ 82,225 | $ 86,392 |
Fair Value Measurements (Change
Fair Value Measurements (Changes In Fair Value For Equity Securities) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Fair value change included in earnings | $ 100 | $ 200 | ||
Equity Securities [Member] | Level 3 [Member] | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Beginning | 1,961 | $ 580 | 580 | $ 580 |
Increase in recorded value due to adoption of ASU 2016-01 through beginning retained earnings | 1,234 | |||
Fair value change included in earnings | 97 | 244 | ||
Ending | $ 2,058 | $ 580 | $ 2,058 | $ 580 |
Fair Value Measurements (Chan41
Fair Value Measurements (Changes In Fair Value For Mortgage Servicing Rights) (Details) - Mortgage Servicing Rights [Member] - Level 3 [Member] - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Beginning | $ 644 | $ 564 | $ 586 | $ 527 |
Gains/(Losses) included in earnings | (9) | (32) | 49 | (21) |
Additions from loan sales | 23 | 49 | ||
Ending | $ 635 | $ 555 | $ 635 | $ 555 |
Fair Value Measurements (Quanti
Fair Value Measurements (Quantitative Information About Significant Unobservable Inputs For MSRs) (Details) - Mortgage Servicing Rights [Member] - Level 3 [Member] | 6 Months Ended | 12 Months Ended |
Jun. 30, 2018 | Dec. 31, 2017 | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Servicing fees | 0.25% | 0.25% |
Discount rate | 9.50% | 9.50% |
Prepayment rate (CPR) | 8.07% | 10.56% |
Fair Value Measurements (Fina43
Fair Value Measurements (Financial Instruments Measured At Fair Value On Nonrecurring Basis) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Collateral dependent impaired loans | $ 24,125 | $ 14,464 |
Level 1 [Member] | Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Collateral dependent impaired loans | ||
Level 2 [Member] | Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Collateral dependent impaired loans | ||
Level 3 [Member] | Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Collateral dependent impaired loans | $ 24,125 | $ 14,464 |
Fair Value Measurements (Estima
Fair Value Measurements (Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Equity securities | $ 2,058 | $ 580 |
Available for sale securities | 141,933 | 143,818 |
Held to maturity securities | 4,609 | 5,261 |
Mortgage servicing rights | 635 | 586 |
Demand deposits | 224,373 | 219,664 |
NOW deposits | 121,170 | 109,378 |
Savings deposits | 595,500 | 535,730 |
Time deposits | 241,425 | 186,457 |
Carrying Amount [Member] | Level 1 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Cash and cash equivalents | 16,765 | 21,330 |
Equity securities | 2,058 | 580 |
Demand deposits | 224,373 | 219,664 |
NOW deposits | 121,170 | 109,378 |
Savings deposits | 595,500 | 535,730 |
Carrying Amount [Member] | Level 2 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Available for sale securities | 141,933 | 143,818 |
FHLB and FRB stock | 3,399 | 6,779 |
Securities sold under agreement to repurchase | 4,018 | 9,289 |
Other borrowed funds | 10,000 | 88,250 |
Junior subordinated debentures | 11,330 | 11,330 |
Carrying Amount [Member] | Level 3 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Held to maturity securities | 4,637 | 5,334 |
Loans, net | 1,110,660 | 1,051,296 |
Mortgage servicing rights | 635 | 586 |
Time deposits | 241,425 | 186,457 |
Fair Value [Member] | Level 1 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Cash and cash equivalents | 16,765 | 21,330 |
Equity securities | 2,058 | 1,814 |
Demand deposits | 224,373 | 219,664 |
NOW deposits | 121,170 | 109,378 |
Savings deposits | 595,500 | 535,730 |
Fair Value [Member] | Level 2 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Available for sale securities | 141,933 | 143,818 |
FHLB and FRB stock | 3,399 | 6,779 |
Securities sold under agreement to repurchase | 4,018 | 9,289 |
Other borrowed funds | 9,806 | 88,132 |
Junior subordinated debentures | 11,330 | 11,330 |
Fair Value [Member] | Level 3 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Held to maturity securities | 4,609 | 5,261 |
Loans, net | 1,098,879 | 1,047,967 |
Mortgage servicing rights | 635 | 586 |
Time deposits | $ 239,448 | $ 187,782 |
Loans And The Allowance For L45
Loans And The Allowance For Loan Losses (Narrative) (Details) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2018USD ($)loan | Jun. 30, 2017USD ($)loan | Jun. 30, 2018USD ($)loan | Jun. 30, 2017USD ($)loan | Dec. 31, 2017USD ($) | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||||
Net deferred loan origination costs | $ 1,439,000 | $ 1,100,000 | $ 1,439,000 | $ 1,100,000 | $ 1,187,000 |
Loans secured by residential real estate in process of foreclosure | 700,000 | 700,000 | 300,000 | ||
Loan commitments to lend additional funds to debtors | $ 0 | $ 0 | |||
Period of timely payments before reversion to accruing status | 6 months | ||||
Number of loans classified as TDRs | loan | 0 | 0 | 0 | 0 | |
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Mortgages [Member] | |||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||||
Loan servicing portfolio principal balance | $ 74,000,000 | $ 74,000,000 | 78,000,000 | ||
Mortgage servicing rights | 600,000 | 600,000 | 600,000 | ||
Mortgage loans held-for-sale | 0 | 0 | $ 0 | ||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | FNMA Loans [Member] | Mortgages [Member] | |||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||||
Mortgages sold to FNMA | $ 0 | $ 2,500,000 | $ 0 | $ 5,300,000 |
Loans And The Allowance For L46
Loans And The Allowance For Loan Losses (Schedule Of Loan Portfolio Composition) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 | Jun. 30, 2017 | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | $ 1,124,456 | $ 1,064,128 | $ 975,438 | |||
Net deferred loan origination costs | 1,439 | 1,187 | 1,100 | |||
Total gross loans | 1,125,895 | 1,065,315 | ||||
Allowance for loan losses | (15,235) | (14,019) | ||||
Loans, net | 1,110,660 | 1,051,296 | ||||
Home Equities [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 69,319 | 69,745 | ||||
Commercial And Industrial [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 239,485 | 232,211 | 207,769 | |||
Consumer And Other Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 1,447 | 1,654 | 1,502 | |||
Total Real Estate Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 883,524 | 830,263 | ||||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | [1] | 146,663 | 126,167 | |||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 146,076 | 131,208 | ||||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Construction [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 587 | 2,134 | ||||
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 667,542 | [1] | 627,176 | 573,856 | [1] | |
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 552,023 | 519,902 | ||||
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | Construction [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 115,519 | 107,274 | ||||
Total Real Estate Loans [Member] | Home Equities [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | $ 69,319 | $ 69,745 | $ 66,144 | |||
[1] | Includes construction loans |
Loans And The Allowance For L47
Loans And The Allowance For Loan Losses (Data, At Class Level, Of Credit Quality Indicators Of Certain Loans) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 | Jun. 30, 2017 | ||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | $ 1,124,456 | $ 1,064,128 | $ 975,438 | ||
Total Real Estate Loans [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 883,524 | 830,263 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 667,542 | [1] | 627,176 | 573,856 | [1] |
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Corporate Credit Exposure—By Credit Rating, Acceptable Or Better [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 504,568 | 502,022 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Corporate Credit Exposure—By Credit Rating, Watch [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 133,585 | 111,817 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Corporate Credit Exposure—By Credit Rating, Special Mention [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 11,395 | 4,106 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Corporate Credit Exposure—By Credit Rating, Substandard [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 17,994 | 9,231 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Corporate Credit Exposure—By Credit Rating, Doubtful/Loss [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | |||||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 115,519 | 107,274 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | Corporate Credit Exposure—By Credit Rating, Acceptable Or Better [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 65,378 | 83,203 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | Corporate Credit Exposure—By Credit Rating, Watch [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 41,166 | 24,071 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | Corporate Credit Exposure—By Credit Rating, Substandard [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 8,975 | ||||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | Corporate Credit Exposure—By Credit Rating, Doubtful/Loss [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | |||||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 552,023 | 519,902 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | Corporate Credit Exposure—By Credit Rating, Acceptable Or Better [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 439,190 | 418,819 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | Corporate Credit Exposure—By Credit Rating, Watch [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 92,419 | 87,746 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | Corporate Credit Exposure—By Credit Rating, Special Mention [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 11,395 | 4,106 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | Corporate Credit Exposure—By Credit Rating, Substandard [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 9,019 | 9,231 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | Corporate Credit Exposure—By Credit Rating, Doubtful/Loss [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | |||||
Commercial And Industrial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 239,485 | 232,211 | $ 207,769 | ||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Acceptable Or Better [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 174,153 | 158,181 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Watch [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 54,457 | 57,827 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Special Mention [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 6,845 | 13,247 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Substandard [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 3,324 | 2,134 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Doubtful/Loss [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | $ 706 | $ 822 | |||
[1] | Includes construction loans |
Loans And The Allowance For L48
Loans And The Allowance For Loan Losses (Recorded Investment In Loans Past Due) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 | Jun. 30, 2017 | |||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | $ 1,091,914 | $ 1,037,496 | ||||
Total Past Due | 13,041 | |||||
Non-accruing Loans | 22,592 | |||||
Total Balance | 1,124,456 | 1,064,128 | $ 975,438 | |||
30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 8,008 | 10,782 | ||||
60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 1,324 | 2,135 | ||||
90+ Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 618 | 674 | ||||
Commercial And Industrial [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 235,827 | 225,915 | ||||
Total Past Due | 1,749 | |||||
Non-accruing Loans | 2,476 | |||||
Total Balance | 239,485 | 232,211 | 207,769 | |||
Commercial And Industrial [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 882 | 4,019 | ||||
Commercial And Industrial [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 300 | 163 | ||||
Commercial And Industrial [Member] | 90+ Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 365 | |||||
Home Equities [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 67,786 | 68,415 | ||||
Total Past Due | 1,119 | |||||
Non-accruing Loans | 1,249 | |||||
Total Balance | 69,319 | 69,745 | ||||
Home Equities [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 227 | 171 | ||||
Home Equities [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 57 | 40 | ||||
Consumer And Other Loans [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 1,447 | 1,628 | ||||
Total Past Due | 9 | |||||
Total Balance | 1,447 | 1,654 | 1,502 | |||
Consumer And Other Loans [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 11 | |||||
Consumer And Other Loans [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 6 | |||||
Total Real Estate Loans [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 883,524 | 830,263 | ||||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | [1] | 146,663 | 126,167 | |||
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 667,542 | [1] | 627,176 | 573,856 | [1] | |
Total Real Estate Loans [Member] | Home Equities [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 69,319 | 69,745 | $ 66,144 | |||
Mortgages [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 144,599 | 129,251 | ||||
Total Past Due | 1,226 | |||||
Non-accruing Loans | 1,157 | |||||
Total Balance | 146,076 | 131,208 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 320 | 731 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 535,511 | 508,044 | ||||
Total Past Due | 8,938 | |||||
Non-accruing Loans | 8,735 | |||||
Total Balance | 552,023 | 519,902 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 6,425 | 2,611 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 967 | |||||
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | 90+ Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 385 | 309 | ||||
Construction [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 587 | 2,134 | ||||
Total Balance | 587 | 2,134 | ||||
Construction [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 106,157 | 102,109 | ||||
Non-accruing Loans | 8,975 | |||||
Total Balance | 115,519 | 107,274 | ||||
Construction [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 154 | 3,239 | ||||
Construction [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | $ 1,926 | |||||
Construction [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | 90+ Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | $ 233 | |||||
[1] | Includes construction loans |
Loans And The Allowance For L49
Loans And The Allowance For Loan Losses (Schedule Of Allowance For Loan Losses According To Portfolio Segment) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||||||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Dec. 31, 2017 | Jun. 30, 2017 | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Allowance for loan losses: Beginning balance | $ 14,693 | $ 13,579 | $ 14,019 | $ 13,916 | ||||||
Allowance for loan losses: Charge-offs | (127) | (5) | (228) | (66) | ||||||
Allowance for loan losses: Recoveries | 10 | 194 | 18 | 353 | ||||||
Allowance for loan losses: Provision (Credit) for loan losses | 659 | 410 | 1,426 | (25) | ||||||
Allowance for loan losses: Ending balance | 15,235 | 14,178 | 15,235 | 14,178 | ||||||
Allowance for loan losses: Individually evaluated for impairment | $ 1,401 | $ 1,915 | ||||||||
Allowance for loan losses: Collectively evaluated for impairment | 13,834 | 12,263 | ||||||||
Allowance for loan losses: Total | 14,693 | 13,579 | 14,019 | 13,916 | 15,235 | $ 14,019 | 14,178 | |||
Loans: Individually evaluated for impairment | 25,861 | 19,490 | ||||||||
Loans: Collectively evaluated for impairment | 1,098,595 | 955,948 | ||||||||
Total | 1,124,456 | 1,064,128 | 975,438 | |||||||
Net deferred loan origination costs | 1,439 | 1,187 | 1,100 | |||||||
Total Real Estate Loans [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Total | 883,524 | 830,263 | ||||||||
Commercial And Industrial [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Allowance for loan losses: Beginning balance | 5,115 | 3,963 | 5,204 | 4,813 | ||||||
Allowance for loan losses: Charge-offs | (67) | (33) | ||||||||
Allowance for loan losses: Recoveries | 7 | 184 | 13 | 331 | ||||||
Allowance for loan losses: Provision (Credit) for loan losses | (781) | 823 | (809) | (141) | ||||||
Allowance for loan losses: Ending balance | 4,341 | 4,970 | 4,341 | 4,970 | ||||||
Allowance for loan losses: Individually evaluated for impairment | 94 | 681 | ||||||||
Allowance for loan losses: Collectively evaluated for impairment | 4,247 | 4,289 | ||||||||
Allowance for loan losses: Total | 5,115 | 3,963 | 5,204 | 4,813 | 4,341 | 5,204 | 4,970 | |||
Loans: Individually evaluated for impairment | 2,936 | 2,665 | ||||||||
Loans: Collectively evaluated for impairment | 236,549 | 205,104 | ||||||||
Total | 239,485 | 232,211 | 207,769 | |||||||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Allowance for loan losses: Beginning balance | [1] | 8,145 | 8,198 | 7,409 | 7,890 | |||||
Allowance for loan losses: Charge-offs | [1] | |||||||||
Allowance for loan losses: Recoveries | [1] | |||||||||
Allowance for loan losses: Provision (Credit) for loan losses | [1] | 1,300 | (299) | 2,036 | 9 | |||||
Allowance for loan losses: Ending balance | [1] | 9,445 | 7,899 | 9,445 | 7,899 | |||||
Allowance for loan losses: Individually evaluated for impairment | [1] | 1,245 | 1,189 | |||||||
Allowance for loan losses: Collectively evaluated for impairment | [1] | 8,200 | 6,710 | |||||||
Allowance for loan losses: Total | [1] | 8,145 | 8,198 | 7,409 | 7,890 | 9,445 | 7,409 | 7,899 | ||
Loans: Individually evaluated for impairment | [1] | 18,475 | 12,298 | |||||||
Loans: Collectively evaluated for impairment | [1] | 649,067 | 561,558 | |||||||
Total | 667,542 | [1] | 627,176 | 573,856 | [1] | |||||
Consumer And Other Loans [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Allowance for loan losses: Beginning balance | 96 | 135 | 109 | 96 | ||||||
Allowance for loan losses: Charge-offs | (30) | (5) | (64) | (33) | ||||||
Allowance for loan losses: Recoveries | 3 | 9 | 4 | 21 | ||||||
Allowance for loan losses: Provision (Credit) for loan losses | 21 | (35) | 41 | 20 | ||||||
Allowance for loan losses: Ending balance | 90 | 104 | 90 | 104 | ||||||
Allowance for loan losses: Individually evaluated for impairment | 24 | 42 | ||||||||
Allowance for loan losses: Collectively evaluated for impairment | 66 | 62 | ||||||||
Allowance for loan losses: Total | 96 | 135 | 109 | 96 | 90 | 109 | 104 | |||
Loans: Individually evaluated for impairment | 24 | 42 | ||||||||
Loans: Collectively evaluated for impairment | 1,423 | 1,460 | ||||||||
Total | 1,447 | 1,654 | 1,502 | |||||||
Residential Mortgages [Member] | Total Real Estate Loans [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Allowance for loan losses: Beginning balance | [1] | 1,007 | 919 | 950 | 769 | |||||
Allowance for loan losses: Charge-offs | [1] | (86) | (86) | |||||||
Allowance for loan losses: Recoveries | [1] | |||||||||
Allowance for loan losses: Provision (Credit) for loan losses | [1] | 104 | (87) | 161 | 63 | |||||
Allowance for loan losses: Ending balance | [1] | 1,025 | 832 | 1,025 | 832 | |||||
Allowance for loan losses: Individually evaluated for impairment | [1] | 38 | 1 | |||||||
Allowance for loan losses: Collectively evaluated for impairment | [1] | 987 | 831 | |||||||
Allowance for loan losses: Total | [1] | 1,007 | 919 | 950 | 769 | 1,025 | 950 | 832 | ||
Loans: Individually evaluated for impairment | [1] | 2,522 | 2,834 | |||||||
Loans: Collectively evaluated for impairment | [1] | 144,141 | 123,333 | |||||||
Total | [1] | 146,663 | 126,167 | |||||||
Home Equities [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Total | 69,319 | 69,745 | ||||||||
Home Equities [Member] | Total Real Estate Loans [Member] | ||||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||||
Allowance for loan losses: Beginning balance | 330 | 364 | 347 | 348 | ||||||
Allowance for loan losses: Charge-offs | (11) | (11) | ||||||||
Allowance for loan losses: Recoveries | 1 | 1 | 1 | |||||||
Allowance for loan losses: Provision (Credit) for loan losses | 15 | 8 | (3) | 24 | ||||||
Allowance for loan losses: Ending balance | 334 | 373 | 334 | 373 | ||||||
Allowance for loan losses: Individually evaluated for impairment | 2 | |||||||||
Allowance for loan losses: Collectively evaluated for impairment | 334 | 371 | ||||||||
Allowance for loan losses: Total | $ 330 | $ 364 | $ 347 | $ 348 | 334 | 347 | 373 | |||
Loans: Individually evaluated for impairment | 1,904 | 1,651 | ||||||||
Loans: Collectively evaluated for impairment | 67,415 | 64,493 | ||||||||
Total | $ 69,319 | $ 69,745 | $ 66,144 | |||||||
[1] | Includes construction loans |
Loans And The Allowance For L50
Loans And The Allowance For Loan Losses (Data, At Class Level, Of Impaired Loans) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2018 | Dec. 31, 2017 | |
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | $ 9,523 | $ 7,746 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 16,338 | 8,159 |
Impaired Loans, Recorded Investment, Total | 25,861 | 15,905 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 11,195 | 9,059 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 16,595 | 8,505 |
Impaired Loans, Unpaid Principal Balance, Total | 27,790 | 17,564 |
Impaired Loans, Related Allowance | 1,401 | 1,077 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 9,785 | 8,655 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 16,412 | 8,267 |
Impaired Loans, Average Recorded Investment, Total | 26,197 | 16,922 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 178 | 334 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 291 | 244 |
Impaired Loans, Interest Income Foregone, Total | 469 | 578 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 163 | 189 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 115 | 146 |
Impaired Loans, Interest Income Recognized, Total | 278 | 335 |
Commercial And Industrial [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 2,625 | 1,023 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 311 | 1,240 |
Impaired Loans, Recorded Investment, Total | 2,936 | 2,263 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 3,772 | 1,917 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 339 | 1,431 |
Impaired Loans, Unpaid Principal Balance, Total | 4,111 | 3,348 |
Impaired Loans, Related Allowance | 94 | 372 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 2,716 | 1,704 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 326 | 1,279 |
Impaired Loans, Average Recorded Investment, Total | 3,042 | 2,983 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 72 | 92 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 11 | 79 |
Impaired Loans, Interest Income Foregone, Total | 83 | 171 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 50 | 28 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 1 | 12 |
Impaired Loans, Interest Income Recognized, Total | 51 | 40 |
Consumer And Other Loans [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | ||
Impaired Loans, Recorded Investment, With a related allowance recorded | 24 | 34 |
Impaired Loans, Recorded Investment, Total | 24 | 34 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | ||
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 28 | 59 |
Impaired Loans, Unpaid Principal Balance, Total | 28 | 59 |
Impaired Loans, Related Allowance | 24 | 34 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | ||
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 24 | 37 |
Impaired Loans, Average Recorded Investment, Total | 24 | 37 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | ||
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 3 | |
Impaired Loans, Interest Income Foregone, Total | 3 | |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | ||
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 1 | 2 |
Impaired Loans, Interest Income Recognized, Total | 1 | 2 |
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Mortgages [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 2,062 | 2,415 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 460 | 196 |
Impaired Loans, Recorded Investment, Total | 2,522 | 2,611 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 2,321 | 2,594 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 484 | 196 |
Impaired Loans, Unpaid Principal Balance, Total | 2,805 | 2,790 |
Impaired Loans, Related Allowance | 38 | 28 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 2,136 | 2,456 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 463 | 196 |
Impaired Loans, Average Recorded Investment, Total | 2,599 | 2,652 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 21 | 46 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 12 | 6 |
Impaired Loans, Interest Income Foregone, Total | 33 | 52 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 32 | 83 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 3 | |
Impaired Loans, Interest Income Recognized, Total | 32 | 86 |
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Construction [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | ||
Impaired Loans, Recorded Investment, With a related allowance recorded | ||
Impaired Loans, Recorded Investment, Total | ||
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | ||
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | ||
Impaired Loans, Unpaid Principal Balance, Total | ||
Impaired Loans, Related Allowance | ||
Impaired Loans, Average Recorded Investment, With no related allowance recorded | ||
Impaired Loans, Average Recorded Investment, With a related allowance recorded | ||
Impaired Loans, Average Recorded Investment, Total | ||
Impaired Loans, Interest Income Foregone, With no related allowance recorded | ||
Impaired Loans, Interest Income Foregone, With a related allowance recorded | ||
Impaired Loans, Interest Income Foregone, Total | ||
Impaired Loans, Interest Income Recognized, With no related allowance recorded | ||
Impaired Loans, Interest Income Recognized, With a related allowance recorded | ||
Impaired Loans, Interest Income Recognized, Total | ||
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | Mortgages [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 2,778 | 2,336 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 6,568 | 6,689 |
Impaired Loans, Recorded Investment, Total | 9,346 | 9,025 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 2,903 | 2,469 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 6,769 | 6,819 |
Impaired Loans, Unpaid Principal Balance, Total | 9,672 | 9,288 |
Impaired Loans, Related Allowance | 511 | 643 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 2,818 | 2,449 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 6,624 | 6,755 |
Impaired Loans, Average Recorded Investment, Total | 9,442 | 9,204 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 46 | 134 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 148 | 156 |
Impaired Loans, Interest Income Foregone, Total | 194 | 290 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 58 | 32 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 129 | |
Impaired Loans, Interest Income Recognized, Total | 58 | 161 |
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | Construction [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 154 | 187 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 8,975 | |
Impaired Loans, Recorded Investment, Total | 9,129 | 187 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 154 | 187 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 8,975 | |
Impaired Loans, Unpaid Principal Balance, Total | 9,129 | 187 |
Impaired Loans, Related Allowance | 734 | |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 169 | 218 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 8,975 | |
Impaired Loans, Average Recorded Investment, Total | 9,144 | 218 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 120 | |
Impaired Loans, Interest Income Foregone, Total | 120 | |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 7 | 13 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 113 | |
Impaired Loans, Interest Income Recognized, Total | 120 | 13 |
Total Real Estate Loans [Member] | Home Equities [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 1,904 | 1,785 |
Impaired Loans, Recorded Investment, With a related allowance recorded | ||
Impaired Loans, Recorded Investment, Total | 1,904 | 1,785 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 2,045 | 1,892 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | ||
Impaired Loans, Unpaid Principal Balance, Total | 2,045 | 1,892 |
Impaired Loans, Related Allowance | ||
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 1,946 | 1,828 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | ||
Impaired Loans, Average Recorded Investment, Total | 1,946 | 1,828 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 39 | 62 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | ||
Impaired Loans, Interest Income Foregone, Total | 39 | 62 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 16 | 33 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | ||
Impaired Loans, Interest Income Recognized, Total | $ 16 | $ 33 |
Loans And The Allowance For L51
Loans And The Allowance For Loan Losses (Loans Classified As Troubled Debt Restructurings) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Financing Receivable, Modifications [Line Items] | ||
Total | $ 7,666 | $ 7,250 |
Related Allowance | 229 | 268 |
Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 749 | 734 |
Related Allowance | 56 | 8 |
Consumer And Other Loans [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 24 | 25 |
Related Allowance | 24 | 24 |
Nonaccruing [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 4,397 | 4,386 |
Nonaccruing [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 289 | 220 |
Nonaccruing [Member] | Consumer And Other Loans [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | ||
Accruing [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 3,269 | 2,864 |
Accruing [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 460 | 514 |
Accruing [Member] | Consumer And Other Loans [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 24 | 25 |
Total Real Estate Loans [Member] | Home Equities [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 782 | 794 |
Related Allowance | ||
Total Real Estate Loans [Member] | Nonaccruing [Member] | Home Equities [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 127 | 128 |
Total Real Estate Loans [Member] | Accruing [Member] | Home Equities [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 655 | 666 |
Mortgages [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 1,627 | 1,656 |
Related Allowance | 3 | |
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 4,330 | 3,854 |
Related Allowance | 146 | 236 |
Mortgages [Member] | Total Real Estate Loans [Member] | Nonaccruing [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 262 | 271 |
Mortgages [Member] | Total Real Estate Loans [Member] | Nonaccruing [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 3,719 | 3,767 |
Mortgages [Member] | Total Real Estate Loans [Member] | Accruing [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 1,365 | 1,385 |
Mortgages [Member] | Total Real Estate Loans [Member] | Accruing [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 611 | 87 |
Construction [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | ||
Related Allowance | ||
Construction [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 154 | 187 |
Related Allowance | ||
Construction [Member] | Total Real Estate Loans [Member] | Nonaccruing [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | ||
Construction [Member] | Total Real Estate Loans [Member] | Nonaccruing [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | ||
Construction [Member] | Total Real Estate Loans [Member] | Accruing [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | ||
Construction [Member] | Total Real Estate Loans [Member] | Accruing [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | $ 154 | $ 187 |
Loans And The Allowance For L52
Loans And The Allowance For Loan Losses (TDR Activity By Type Of Concession Granted To Borrower) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018USD ($)contract | Jun. 30, 2017USD ($)contract | Jun. 30, 2018USD ($)contract | Jun. 30, 2017USD ($)contract | |
Commercial And Industrial [Member] | Term-Out Line Of Credit [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Number of Contracts | contract | 1 | 1 | 1 | |
Pre-Modification Outstanding Recorded Investment | $ 29 | $ 29 | $ 180 | |
Post-Modification Outstanding Recorded Investment | $ 29 | $ 29 | $ 180 | |
Commercial And Industrial [Member] | Combination Of Concessions [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Number of Contracts | contract | 1 | 1 | ||
Pre-Modification Outstanding Recorded Investment | $ 63 | $ 63 | ||
Post-Modification Outstanding Recorded Investment | $ 63 | $ 63 | ||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Extension Of Maturity [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Number of Contracts | contract | 1 | 1 | 3 | |
Pre-Modification Outstanding Recorded Investment | $ 20 | $ 181 | $ 5,073 | |
Post-Modification Outstanding Recorded Investment | $ 20 | $ 181 | $ 5,073 | |
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Combination Of Concessions [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Number of Contracts | contract | 1 | 1 | ||
Pre-Modification Outstanding Recorded Investment | $ 154 | $ 154 | ||
Post-Modification Outstanding Recorded Investment | $ 154 | $ 154 | ||
Home Equities [Member] | Total Real Estate Loans [Member] | Extension Of Maturity And Interest Rate Reduction [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Number of Contracts | contract | 1 | |||
Pre-Modification Outstanding Recorded Investment | $ 20 | |||
Post-Modification Outstanding Recorded Investment | $ 20 | |||
Home Equities [Member] | Total Real Estate Loans [Member] | Deferral Of Principal [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Number of Contracts | contract | 1 | 1 | ||
Pre-Modification Outstanding Recorded Investment | $ 100 | $ 100 | ||
Post-Modification Outstanding Recorded Investment | $ 100 | $ 100 |
Common Equity And Earnings Pe53
Common Equity And Earnings Per Share Data (Narrative) (Details) - shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Common Equity And Earnings Per Share Data [Abstract] | ||||
Potentially dilutive shares of common stock | 123,035 | 116,374 | 127,156 | 119,928 |
Potentially anti-dilutive shares outstanding | 0 | 23,020 | 28,660 | 24,005 |
Other Comprehensive Income (Sch
Other Comprehensive Income (Schedule Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2016 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Beginning Balance | $ (4,735) | $ (2,174) | $ (3,417) | $ (2,424) | |
Net Change | (648) | 34 | (1,966) | 284 | |
Ending Balance | (5,383) | (2,140) | (5,383) | $ (2,140) | |
Federal income tax rate | 35.00% | 34.00% | |||
Net Unrealized (Loss) Gain On Investment Securities [Member] | |||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Beginning Balance | (2,409) | (178) | (1,049) | $ (365) | |
Net Change | (684) | 3 | (2,044) | 190 | |
Ending Balance | (3,093) | (175) | (3,093) | (175) | |
Net Defined Benefit Pension Plan Adjustments [Member] | |||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Beginning Balance | (2,326) | (1,996) | (2,368) | (2,059) | |
Net Change | 36 | 31 | 78 | 94 | |
Ending Balance | $ (2,290) | $ (1,965) | $ (2,290) | $ (1,965) |
Other Comprehensive Income (Com
Other Comprehensive Income (Components Of Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |||
Unrealized loss on investment securities: | ||||||
Unrealized (loss) gain on investment securities, Before-Tax Amount | $ (921) | $ 7 | $ (2,759) | $ 303 | ||
Unrealized (loss) gain on investment securities, Income Tax (Provision) Benefit | 237 | (4) | 715 | [1] | (113) | |
Unrealized (loss) gain on investment securities, Net-of-Tax Amount | (684) | 3 | (2,044) | 190 | ||
Defined benefit pension plans adjustments: | ||||||
Amortization of prior service cost, Before-Tax Amount | [2] | 8 | 8 | 16 | 16 | |
Amortization of prior service cost, Income Tax (Provision) Benefit | [2] | (3) | (3) | (5) | [1] | (1) |
Amortization of prior service cost, Net-of-Tax Amount | [2] | 5 | 5 | 11 | 15 | |
Amortization of actuarial loss, Before-Tax Amount | [2] | 42 | 43 | 84 | 86 | |
Amortization of actuarial loss, Income Tax (Provision) Benefit | [2] | (11) | (17) | (17) | [1] | (7) |
Amortization of actuarial loss, Net-of-Tax Amount | [2] | 31 | 26 | 67 | 79 | |
Net change, Before-Tax Amount | 50 | 51 | 100 | 102 | ||
Net change, Income Tax (Provision) Benefit | (14) | (20) | (22) | [1] | (8) | |
Net change, Net-of-Tax Amount | 36 | 31 | 78 | 94 | ||
Other Comprehensive Income (Loss), Before-Tax Amount | (871) | 58 | (2,659) | 405 | ||
Other Comprehensive Income (Loss), Income Tax (Provision) Benefit | 223 | (24) | 693 | [1] | (121) | |
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX | $ (648) | $ 34 | $ (1,966) | $ 284 | ||
[1] | Tax benefit includes impact of re-valuation of deferred tax asset due to increase in marginal federal income tax ratefrom 34% to 35%. | |||||
[2] | Included in net periodic pension cost, as described in Note 9 - "Net Periodic Benefit Costs" |
Segment Information (Schedule O
Segment Information (Schedule Of Business Segments) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018USD ($) | Jun. 30, 2017USD ($) | Jun. 30, 2018USD ($)segment | Jun. 30, 2017USD ($) | |
Number of primary business segments | segment | 2 | |||
Net interest income (expense) | $ 12,196 | $ 10,118 | $ 23,648 | $ 19,762 |
Provision (credit) for loan losses | 659 | 410 | 1,426 | (25) |
NET INTEREST INCOME (EXPENSE) AFTER PROVISION FOR LOAN LOSSES | 11,537 | 9,708 | 22,222 | 19,787 |
Non-interest income | 3,639 | 3,089 | 7,425 | 6,611 |
Insurance service and fees | 1,952 | 1,912 | 3,917 | 4,080 |
Amortization expense | 28 | 28 | 56 | 56 |
Non-interest expense | 10,233 | 9,317 | 20,404 | 18,372 |
INCOME BEFORE INCOME TAXES | 4,943 | 3,480 | 9,243 | 8,026 |
Income tax provision | 1,152 | 862 | 2,133 | 2,262 |
NET INCOME | 3,791 | 2,618 | 7,110 | 5,764 |
Operating Segments [Member] | ||||
Net interest income (expense) | 12,196 | 10,118 | 23,648 | 19,762 |
Provision (credit) for loan losses | 659 | 410 | 1,426 | (25) |
NET INTEREST INCOME (EXPENSE) AFTER PROVISION FOR LOAN LOSSES | 11,537 | 9,708 | 22,222 | 19,787 |
Non-interest income | 1,687 | 1,177 | 3,508 | 2,531 |
Insurance service and fees | 1,952 | 1,912 | 3,917 | 4,080 |
Amortization expense | 28 | 28 | 56 | 56 |
Non-interest expense | 10,205 | 9,289 | 20,348 | 18,316 |
INCOME BEFORE INCOME TAXES | 4,943 | 3,480 | 9,243 | 8,026 |
Income tax provision | 1,152 | 862 | 2,133 | 2,262 |
NET INCOME | 3,791 | 2,618 | 7,110 | 5,764 |
Banking Activities [Member] | Operating Segments [Member] | ||||
Net interest income (expense) | 12,225 | 10,144 | 23,704 | 19,814 |
Provision (credit) for loan losses | 659 | 410 | 1,426 | (25) |
NET INTEREST INCOME (EXPENSE) AFTER PROVISION FOR LOAN LOSSES | 11,566 | 9,734 | 22,278 | 19,839 |
Non-interest income | 1,687 | 1,177 | 3,508 | 2,531 |
Insurance service and fees | 164 | 96 | 301 | 205 |
Non-interest expense | 8,624 | 7,874 | 17,189 | 15,521 |
INCOME BEFORE INCOME TAXES | 4,793 | 3,133 | 8,898 | 7,054 |
Income tax provision | 1,105 | 729 | 2,043 | 1,888 |
NET INCOME | 3,688 | 2,404 | 6,855 | 5,166 |
Insurance Agency Activities [Member] | Operating Segments [Member] | ||||
Net interest income (expense) | (29) | (26) | (56) | (52) |
NET INTEREST INCOME (EXPENSE) AFTER PROVISION FOR LOAN LOSSES | (29) | (26) | (56) | (52) |
Insurance service and fees | 1,788 | 1,816 | 3,616 | 3,875 |
Amortization expense | 28 | 28 | 56 | 56 |
Non-interest expense | 1,581 | 1,415 | 3,159 | 2,795 |
INCOME BEFORE INCOME TAXES | 150 | 347 | 345 | 972 |
Income tax provision | 47 | 133 | 90 | 374 |
NET INCOME | $ 103 | $ 214 | $ 255 | $ 598 |
Contingent Liabilities And Co57
Contingent Liabilities And Commitments (Narrative) (Details) - USD ($) | 6 Months Ended | |
Jun. 30, 2018 | Jun. 30, 2017 | |
Contingent Liabilities And Commitments [Abstract] | ||
Losses on commitments | $ 0 | $ 0 |
Contingent Liabilities And Co58
Contingent Liabilities And Commitments (Summary Of Commitments And Contingent Liabilities) (Details) - USD ($) $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017 |
Loss Contingencies [Line Items] | ||
Commitments and contingent liabilities | $ 268,351 | $ 250,655 |
Commitments To Extend Credit [Member] | ||
Loss Contingencies [Line Items] | ||
Commitments and contingent liabilities | 264,802 | 247,540 |
Standby Letters Of Credit [Member] | ||
Loss Contingencies [Line Items] | ||
Commitments and contingent liabilities | $ 3,549 | $ 3,115 |
Net Periodic Benefit Costs (Sch
Net Periodic Benefit Costs (Schedule Of Net Periodic Cost) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Pension Benefits [Member] | ||||
Defined Benefit Plan Disclosure [Line Items] | ||||
Interest cost | $ 51 | $ 54 | $ 102 | $ 108 |
Expected return on plan assets | (78) | (68) | (156) | (137) |
Amortization of the net loss | 21 | 23 | 42 | 46 |
Net periodic cost (benefit) | (6) | 9 | (12) | 17 |
Supplemental Executive Retirement Plan [Member] | ||||
Defined Benefit Plan Disclosure [Line Items] | ||||
Service cost | 47 | 42 | 94 | 84 |
Interest cost | 34 | 34 | 68 | 68 |
Amortization of prior service cost | 8 | 8 | 16 | 16 |
Amortization of the net loss | 21 | 20 | 42 | 40 |
Net periodic cost (benefit) | $ 110 | $ 104 | $ 220 | $ 208 |
Income Taxes (Narrative) (Detai
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Income Tax Contingency [Line Items] | ||||
Loss on tax credit investment | $ (919) | $ (919) | ||
Tax credit in non-interest income | 647 | 647 | ||
Income tax benefit | $ 1,152 | 862 | $ 2,133 | 2,262 |
Historic Structure In New York State [Member] | ||||
Income Tax Contingency [Line Items] | ||||
Loss on tax credit investment | 900 | 900 | ||
Tax credit in non-interest income | 600 | 600 | ||
Income tax benefit | $ 200 | $ 200 |
Revenue Recognition Of Non-In61
Revenue Recognition Of Non-Interest Income (Schedule Of Disaggregation Of Insurance Service And Other Fees) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | $ 1,952 | $ 1,912 | $ 3,917 | $ 4,080 |
Commercial Property And Casualty Insurance Commissions [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | 613 | 572 | 1,335 | 1,244 |
Personal Property And Casualty Insurance Commissions [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | 735 | 771 | 1,332 | 1,385 |
Employee Benefits Sales Commissions [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | 177 | 146 | 423 | 198 |
Profit Sharing And Contingent Revenue [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | 145 | 176 | 304 | 749 |
Wealth Management And Other Financial Services [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | 168 | 97 | 311 | 211 |
Insurance Claims Services Revenue [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | 96 | 129 | 169 | 249 |
Other Insurance-Related Revenue [Member] | ||||
Disaggregation of Revenue [Line Items] | ||||
Total insurance service and other fees | $ 18 | $ 21 | $ 43 | $ 44 |
Subsequent Events (Narrative) (
Subsequent Events (Narrative) (Details) - R&S [Member] - TEA [Member] - USD ($) $ / shares in Units, $ in Millions | Jul. 01, 2018 | Jun. 29, 2018 |
Subsequent Event [Line Items] | ||
Stock compensation | $ 0.6 | |
Share price | $ 46.10 | |
Subsequent Event [Member] | ||
Subsequent Event [Line Items] | ||
Business combination | $ 5 | |
Additional cash and stock compensation to be paid by TEA | $ 1.5 |