Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Mar. 31, 2020 | Apr. 30, 2020 | |
Document And Entity Information [Abstract] | ||
Document Type | 10-Q | |
Document Period End Date | Mar. 31, 2020 | |
Entity File Number | 001-35021 | |
Entity Registrant Name | EVANS BANCORP INC | |
Entity Incorporation, State Country Name | New York | |
Entity Tax Identification Number | 161332767 | |
Entity Address, Address Line One | One Grimsby Drive | |
Entity Address, City or Town | Hamburg | |
Entity Address, State or Province | NY | |
Entity Address, Postal Zip Code | 14075 | |
City Area Code | 716 | |
Local Phone Number | 926-2000 | |
Entity Current Reporting Status | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 4,943,540 | |
Amendment Flag | false | |
Entity Central Index Key | 0000842518 | |
Document Fiscal Period Focus | Q1 | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Year Focus | 2020 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
ASSETS | ||
Cash and due from banks | $ 11,262 | $ 10,577 |
Interest-bearing deposits at banks | 40,706 | 28,280 |
Securities: | ||
Available for sale, at fair value (amortized cost: $156,011 at March 31, 2020; $127,217 at December 31, 2019) | 159,191 | 127,922 |
Held to maturity, at amortized cost (fair value: $2,963 at March 31, 2020; $2,392 at December 31, 2019) | 2,847 | 2,386 |
Federal Home Loan Bank common stock, at cost | 1,588 | 1,588 |
Federal Reserve Bank common stock, at cost | 1,961 | 1,956 |
Loans, net of allowance for loan losses of $18,157 at March 31, 2020 and $15,175 at December 31, 2019 | 1,228,049 | 1,211,356 |
Properties and equipment, net of accumulated depreciation of $20,998 at March 31, 2020 and $20,682 at December 31, 2019 | 13,951 | 13,754 |
Goodwill and intangible assets | 13,421 | 12,545 |
Bank-owned life insurance | 29,578 | 29,418 |
Operating lease right-of-use asset | 3,577 | 3,720 |
Other assets | 18,680 | 16,728 |
TOTAL ASSETS | 1,524,811 | 1,460,230 |
Deposits: | ||
Demand | 273,623 | 263,717 |
NOW | 159,223 | 140,654 |
Savings | 625,773 | 587,142 |
Time | 268,978 | 275,927 |
Total deposits | 1,327,597 | 1,267,440 |
Securities sold under agreement to repurchase | 2,572 | 2,425 |
Other borrowings | 10,000 | 10,000 |
Operating lease liability | 4,002 | 4,154 |
Other liabilities | 21,214 | 16,428 |
Junior subordinated debentures | 11,330 | 11,330 |
Total liabilities | 1,376,715 | 1,311,777 |
STOCKHOLDERS' EQUITY: | ||
Common stock, $.50 par value, 10,000,000 shares authorized; 4,942,802 and 4,929,593 shares issued at March 31, 2020 and December 31, 2019, respectively, and 4,942,802 and 4,929,283 outstanding at March 31, 2020 and December 31, 2019, respectively | 2,474 | 2,467 |
Capital surplus | 63,679 | 63,302 |
Treasury stock, at cost, 0 and 310 shares at March 31, 2020 and December 31, 2019, respectively | ||
Retained earnings | 82,604 | 85,267 |
Accumulated other comprehensive loss, net of tax | (661) | (2,583) |
Total stockholders' equity | 148,096 | 148,453 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 1,524,811 | $ 1,460,230 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Securities: | ||
Available for sale, amortized cost | $ 156,011 | $ 127,217 |
Held to maturity, fair value | 2,963 | 2,392 |
Loans, allowance for loan losses | 18,157 | 15,175 |
Properties and equipment, accumulated depreciation | $ 20,998 | $ 20,682 |
STOCKHOLDERS' EQUITY: | ||
Common stock, par value | $ 0.50 | $ 0.50 |
Common stock, shares authorized | 10,000,000 | 10,000,000 |
Common stock, shares issued | 4,942,802 | 4,929,593 |
Common stock, shares outstanding | 4,942,802 | 4,929,283 |
Treasury stock, shares | 0 | 310 |
Consolidated Statements Of Inco
Consolidated Statements Of Income - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
INTEREST INCOME | ||
Loans | $ 14,546 | $ 14,362 |
Interest-bearing deposits at banks | 181 | 249 |
Securities: | ||
Taxable | 1,049 | 801 |
Non-taxable | 47 | 130 |
Total interest income | 15,823 | 15,542 |
INTEREST EXPENSE | ||
Deposits | 2,876 | 2,843 |
Other borrowings | 47 | 45 |
Junior subordinated debentures | 124 | 146 |
Total interest expense | 3,047 | 3,034 |
NET INTEREST INCOME | 12,776 | 12,508 |
PROVISION FOR LOAN LOSSES | 2,999 | 538 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 9,777 | 11,970 |
NON-INTEREST INCOME | ||
Deposit service charges | 628 | 533 |
Insurance service and fees | 2,425 | 2,442 |
Gain on loans sold | 51 | 26 |
Bank-owned life insurance | 160 | 159 |
Loss on tax credit investment | (2,475) | |
Refundable state historic tax credit | 1,857 | |
Interchange fee income | 382 | 421 |
Other | 310 | 614 |
Total non-interest income | 3,338 | 4,195 |
NON-INTEREST EXPENSE | ||
Salaries and employee benefits | 7,797 | 7,160 |
Occupancy | 861 | 836 |
Advertising and public relations | 269 | 167 |
Professional services | 1,374 | 745 |
Technology and communications | 1,096 | 893 |
Amortization of intangibles | 130 | 112 |
FDIC insurance | 179 | 207 |
Other | 1,164 | 1,104 |
Total non-interest expense | 12,870 | 11,224 |
INCOME BEFORE INCOME TAXES | 245 | 4,941 |
INCOME TAX PROVISION | 41 | 1,221 |
NET INCOME | $ 204 | $ 3,720 |
Net income per common share-basic | $ 0.04 | $ 0.77 |
Net income per common share-diluted | $ 0.04 | $ 0.75 |
Weighted average number of common shares outstanding | 4,936,947 | 4,855,815 |
Weighted average number of diluted shares outstanding | 4,992,214 | 4,932,451 |
Consolidated Statements Of Comp
Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | ||
Consolidated Statements Of Comprehensive Income [Abstract] | |||
NET INCOME | $ 204 | $ 3,720 | |
OTHER COMPREHENSIVE INCOME, NET OF TAX: | |||
Unrealized gain on available-for-sale securities | 1,835 | 1,303 | |
Defined benefit pension plans: | |||
Amortization of prior service cost | [1] | 5 | 6 |
Amortization of actuarial loss | [1] | 82 | 61 |
Net change, Net-of-Tax Amount | 87 | 67 | |
OTHER COMPREHENSIVE INCOME, NET OF TAX | 1,922 | 1,370 | |
COMPREHENSIVE INCOME | $ 2,126 | $ 5,090 | |
[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] | Total |
Balance at Dec. 31, 2018 | $ 2,429 | $ 61,225 | $ 73,345 | $ (5,353) | $ 131,646 |
Net Income | 3,720 | 3,720 | |||
Other comprehensive income | 1,370 | 1,370 | |||
Cash dividends | (2,527) | (2,527) | |||
Stock compensation expense | 201 | 201 | |||
Reissued restricted shares | |||||
Issued restricted shares, net of forfeitures | 2 | (2) | |||
Issued shares in stock option exercises | 1 | 24 | 25 | ||
Balance at Mar. 31, 2019 | 2,432 | 61,448 | 74,538 | (3,983) | 134,435 |
Balance at Dec. 31, 2019 | 2,467 | 63,302 | 85,267 | (2,583) | 148,453 |
Net Income | 204 | 204 | |||
Other comprehensive income | 1,922 | 1,922 | |||
Cash dividends | (2,867) | (2,867) | |||
Stock compensation expense | 257 | 257 | |||
Reissued restricted shares | |||||
Issued restricted shares, net of forfeitures | 3 | (3) | |||
Issued shares in stock option exercises | 4 | 123 | 127 | ||
Balance at Mar. 31, 2020 | $ 2,474 | $ 63,679 | $ 82,604 | $ (661) | $ 148,096 |
Consolidated Statements Of Ch_2
Consolidated Statements Of Changes In Stockholders’ Equity (Parenthetical) - $ / shares | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Consolidated Statements Of Changes In Stockholders’ Equity [Abstract] | ||
Cash dividends per common share | $ 0.58 | $ 0.52 |
Reissued restricted shares | 310 | 500 |
Issued restricted shares, net of forfeitures | 5,930 | 4,934 |
Issued shares in stock option exercises | 7,279 | 2,514 |
Consolidated Statements Of Cash
Consolidated Statements Of Cash Flows - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
OPERATING ACTIVITIES: | ||
Interest received | $ 15,968 | $ 15,323 |
Fees received | 4,113 | 4,424 |
Interest paid | (2,248) | (2,999) |
Cash paid to employees and vendors | (11,362) | (12,685) |
Income taxes paid | (103) | |
Proceeds from sale of loans held for sale | 3,739 | 2,071 |
Originations of loans held for sale | (3,335) | (2,045) |
Net cash provided by operating activities | 6,772 | 4,089 |
INVESTING ACTIVITIES: | ||
Available for sales securities: Purchases | (46,322) | (10,568) |
Available for sales securities: Proceeds from sales, maturities, calls, and payments | 17,430 | 5,523 |
Held to maturity securities: Purchases | (511) | (224) |
Held to maturity securities: Proceeds from maturities, calls, and payments | 50 | 10 |
Cash paid for bank-owned life insurance | (360) | |
Additions to properties and equipment | (491) | (426) |
Purchase of tax credit investment | (3,116) | (19) |
Insurance agency acquisition | (683) | |
Net increase in loans | (20,449) | (29,454) |
Net cash used in investing activities | (54,092) | (35,518) |
FINANCING ACTIVITIES: | ||
Proceeds (repayments) from short-term borrowings, net | 147 | (660) |
Net increase in deposits | 60,157 | 60,665 |
Issuance of common stock | 127 | 25 |
Net cash provided by financing activities | 60,431 | 60,030 |
Net increase in cash and cash equivalents | 13,111 | 28,601 |
CASH AND CASH EQUIVALENTS: | ||
Beginning of period | 38,857 | 39,915 |
End of period | 51,968 | 68,516 |
RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES: | ||
Net income | 204 | 3,720 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Depreciation and amortization | 538 | 505 |
Deferred tax (benefit) expense | (1,001) | 12 |
Provision for loan losses | 2,999 | 538 |
Loss on tax credit investment | 2,475 | 148 |
Changes in refundable state historic tax credit | (1,857) | 17 |
Gain on loans sold | (51) | (26) |
Stock compensation expense | 257 | 201 |
Proceeds from sale of loans held for sale | 3,739 | 2,071 |
Originations of loans held for sale | (3,335) | (2,045) |
Changes in assets and liabilities affecting cash flow: | ||
Other assets | (225) | (4,528) |
Other liabilities | 3,029 | 3,476 |
NET CASH PROVIDED BY OPERATING ACTIVITIES | $ 6,772 | $ 4,089 |
Organization And Summary Of Sig
Organization And Summary Of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2020 | |
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”), and Evans National Holding Corp. (“ENHC”); 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 Financial Accounting Standards Board (“FASB”) establishes changes to U.S. GAAP in the form of accounting standards updates (“ASUs”) to the FASB Accounting Standards Codification. The Company considers the applicability and impact of all ASUs when they are issued by FASB. ASUs adopted by the Company during the current fiscal year are not expected to have a material impact on the Company’s consolidated financial position, results of operations, cash flows or disclosures.  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, 2019 (“10-K”). The Company’s significant accounting policies are disclosed in Note 1 to the 10-K.  The results of operations for the three month period ended March 31, 2020 are not necessarily indicative of the results to be expected for the full year.  The Company’s first quarter 2020 results were impacted by the Coronavirus Disease 2019 ("COVID-19") pandemic, as the United States operates under a state of emergency and New York State has issued orders that, subject to limited exceptions, all individuals stay at home and non‑essential businesses cease all activities. The Company has remained open d espite these orders because banks have been identified as providing essential services. The Company has been serving its customers through a variety of channels, including drive-up windows, limited appointment hours for personal meetings at certain branches, mobile banking, on-line banking, remote deposit capture and call centers. During the first quarter of 2020, the Company began processing payment deferrals for up to three months for both consumers and business borrowers , and temporarily waiving certain service fees to assist customers who are experiencing financial hardship. The Federal Reserve decreased the range for the federal funds target rate by 0.5 percent on March 3, 2020, and by another 1.0 percent on March 16, 2020, reaching a current range of 0.0 - 0.25 percent. Economic trends and conditions reflecting the impact of COVID-19 have resulted in an increase in estimate of expected credit losses in the Company’s loan portfolio as the Company believes that COVID-19 could have a material effect on customers’ ability to meet their borrowing obligations.   |
Securities
Securities | 3 Months Ended |
Mar. 31, 2020 | |
Securities [Abstract] | |
Securities | 2. SECURITIES  The amortized cost of securities and their approximate fair value at March 31, 2020 and December 31, 2019 were as follows:     March 31, 2020  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 34,137 $ 769 $ - $ 34,906  States and political subdivisions 3,286 57 (6) 3,337  Total debt securities $ 37,423 $ 826 $ (6) $ 38,243   Mortgage-backed securities:  FNMA $ 41,012 $ 1,338 $ (20) $ 42,330  FHLMC 14,441 497 - 14,938  GNMA 3,180 66 (1) 3,245  SBA 22,398 171 (229) 22,340  CMO 37,557 624 (86) 38,095  Total mortgage-backed securities $ 118,588 $ 2,696 $ (336) $ 120,948   Total securities designated as available for sale $ 156,011 $ 3,522 $ (342) $ 159,191   Held to Maturity:  Debt securities  States and political subdivisions $ 2,847 $ 116 $ - $ 2,963   Total securities designated as held to maturity $ 2,847 $ 116 $ - $ 2,963      December 31, 2019  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 27,951 $ 225 $ (21) $ 28,155  States and political subdivisions 3,289 69 (7) 3,351  Total debt securities $ 31,240 $ 294 $ (28) $ 31,506   Mortgage-backed securities:  FNMA $ 34,395 $ 330 $ (53) $ 34,672  FHLMC 15,390 137 (13) 15,514  GNMA 3,421 16 (24) 3,413  SBA 13,752 90 (70) 13,772  CMO 29,019 190 (164) 29,045  Total mortgage-backed securities $ 95,977 $ 763 $ (324) $ 96,416   Total securities designated as available for sale $ 127,217 $ 1,057 $ (352) $ 127,922   Held to Maturity:  Debt securities  States and political subdivisions $ 2,386 $ 24 $ (18) $ 2,392   Total securities designated as held to maturity $ 2,386 $ 24 $ (18) $ 2,392   Available for sale securities with a total fair value of $121 million and $102 million at March 31, 2020 and December 31, 2019, 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 March 31, 2020 and December 31, 2019 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.       March 31, 2020 December 31, 2019  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 $ 6,004 $ 6,045 $ 6,005 $ 6,014  Due after one year through five years 4,636 4,770 6,481 6,626  Due after five years through ten years 23,283 23,907 18,754 18,866  Due after ten years 3,500 3,521 - -  37,423 38,243 31,240 31,506   Mortgage-backed securities  available for sale 118,588 120,948 95,977 96,416   Total $ 156,011 $ 159,191 $ 127,217 $ 127,922   Debt securities held to maturity:   Due in one year or less $ 1,650 $ 1,664 $ 1,139 $ 1,140  Due after one year through five years 662 706 712 732  Due after five years through ten years 54 58 54 54  Due after ten years 481 535 481 466  Total $ 2,847 $ 2,963 $ 2,386 $ 2,392  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 March 31, 2020 and December 31, 2019 is summarized below. The securities are primarily U.S. government-guaranteed agency securities or municipal securities.        March 31, 2020   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 $ - $ - $ - $ - $ - $ -  States and political subdivisions - - 181 (6) 181 (6)  Total debt securities $ - $ - $ 181 $ (6) $ 181 $ (6)   Mortgage-backed securities:  FNMA $ 1,422 $ (19) $ 13 $ (1) $ 1,435 $ (20)  FHLMC - - - - - -  GNMA 85 (1) - - 85 (1)  SBA 11,962 (229) - - 11,962 (229)  CMO 7,560 (84) 1,015 (2) 8,575 (86)  Total mortgage-backed securities $ 21,029 $ (333) $ 1,028 $ (3) $ 22,057 $ (336)   Held to Maturity:  Debt securities:  States and political subdivisions $ - $ - $ - $ - $ - $ -   Total temporarily impaired  securities $ 21,029 $ (333) $ 1,209 $ (9) $ 22,238 $ (342)    December 31, 2019   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 $ 1,976 $ (18) $ 3,997 $ (3) $ 5,973 $ (21)  States and political subdivisions - - 181 (7) 181 (7)  Total debt securities $ 1,976 $ (18) $ 4,178 $ (10) $ 6,154 $ (28)   Mortgage-backed securities:  FNMA $ 5,355 $ (38) $ 3,630 $ (15) $ 8,985 $ (53)  FHLMC - - 1,242 (13) 1,242 (13)  GNMA 2,091 (22) 770 (2) 2,861 (24)  SBA 5,171 (70) - - 5,171 (70)  CMO 5,706 (36) 8,911 (128) 14,617 (164)  Total mortgage-backed securities $ 18,323 $ (166) $ 14,553 $ (158) $ 32,876 $ (324)   Held to Maturity:  Debt securities:  States and political subdivisions $ 227 $ (1) $ 2,165 $ (17) $ 2,392 $ (18)   Total temporarily impaired  securities $ 20,526 $ (185) $ 20,896 $ (185) $ 41,422 $ (370)        Management has assessed the securities available for sale in an unrealized loss position at March 31, 2020 and December 31, 2019 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 no t recorded any other-than-temporary impairment (“OTTI”) charges as of March 31, 2020 and did no t record any OTTI charges during 2019. The credit worthiness of the Company’s securities portfolio is largely reliant on the ability of U.S. government sponsored agencies such as Federal Home Loan Bank (“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 Measurement
Fair Value Measurement | 3 Months Ended |
Mar. 31, 2020 | |
Fair Value Measurement [Abstract] | |
Fair Value Measurement | 3. FAIR VALUE MEASUREMENT  Fair value is defined in ASC Topic 820 “Fair Value Measurement” 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 measurement:   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 March 31, 20 20 and December 31, 201 9 , respectively:      (in thousands) Level 1 Level 2 Level 3 Fair Value   March 31, 2020  Securities available-for-sale:  US government agencies $ - $ 34,906 $ - $ 34,906  States and political subdivisions - 3,337 - 3,337  Mortgage-backed securities - 120,948 - 120,948  Mortgage servicing rights - - 485 485   December 31, 2019  Securities available-for-sale:  US government agencies $ - $ 28,155 $ - $ 28,155  States and political subdivisions - 3,351 - 3,351  Mortgage-backed securities - 96,416 - 96,416  Mortgage servicing rights - - 555 555      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.      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. MSRs 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 MSRs :      Three months ended March 31,  (in thousands) 2020 2019  Mortgage servicing rights - January 1 $ 555 $ 609  Gains/(Losses) included in earnings (103) (40)  Additions from loan sales 33 18  Mortgage servicing rights - March 31 $ 485 $ 587  Quantitative information about the significant unobservable inputs used in the fair value measurement of MSRs at the respective dates is as follows:       March 31, 2020 December 31, 2019  Servicing fees 0.25 % 0.25 %  Discount rate 9.00 % 9.00 %  Prepayment rate (CPR) 8.75 % 8.21 %   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 March 31, 20 20 and December 31, 201 9 :         (in thousands) Level 1 Level 2 Level 3 Fair Value   March 31, 2020  Collateral dependent impaired loans $ - $ - $ 17,263 $ 17,263   December 31, 2019  Collateral dependent impaired loans $ - $ - $ 15,735 $ 15,735  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 a special mention or a substandard depending on the amount of the loan, the type of loan and the type of collateral. All impaired commercial loans are graded substandard or worse 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. Collateral dependent i mpaired loans had a gross value of $18. 2 million, with an allowance for loan loss of $0. 9 million, at March 31, 20 20 compared with $16. 0 million and $0. 3 million, respectively, at December 31, 201 9 .  FAIR VALUE OF FINANCIAL INSTRUMENTS  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.         March 31, 2020 December 31, 2019  Carrying Fair Carrying Fair  Amount Value Amount Value  (in thousands) (in thousands)  Financial assets:  Level 1:  Cash and cash equivalents $ 51,968 $ 51,968 $ 38,857 $ 38,857  Level 2:  Available for sale securities 159,191 159,191 127,922 127,922  FHLB and FRB stock 3,549 N/A 3,544 N/A  Level 3:  Held to maturity securities 2,847 2,963 2,386 2,392  Loans, net 1,228,049 1,258,020 1,211,356 1,222,386  Mortgage servicing rights 485 485 555 555   Financial liabilities:  Level 1:  Demand deposits $ 273,623 $ 273,623 $ 263,717 $ 263,717  NOW deposits 159,223 159,223 140,654 140,654  Savings deposits 625,773 625,773 587,142 587,142  Level 2:  Securities sold under agreement to  repurchase 2,572 2,572 2,425 2,425  Other borrowed funds 10,000 10,002 10,000 9,997  Junior subordinated debentures 11,330 11,330 11,330 11,330  Level 3:  Time deposits 268,978 271,259 275,927 277,051   |
Loans And The Allowance For Loa
Loans And The Allowance For Loan Losses | 3 Months Ended |
Mar. 31, 2020 | |
Loans And The Allowance For Loan Losses [Abstract] | |
Loans And The Allowance For Loan Losses | 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:       March 31, 2020 December 31, 2019  Mortgage loans on real estate: (in thousands)  Residential mortgages $ 156,125 $ 158,572  Commercial and multi-family 666,651 645,036  Construction-Residential 298 1,067  Construction-Commercial 96,698 97,848  Home equities 67,629 69,351  Total real estate loans 987,401 971,874   Commercial and industrial loans 256,157 251,197  Consumer and other loans 1,223 1,926  Net deferred loan origination costs 1,425 1,534  Total gross loans 1,246,206 1,226,531   Allowance for loan losses (18,157) (15,175)   Loans, net $ 1,228,049 $ 1,211,356   The Bank sells certain fixed rate residential mortgages to FNMA while maintaining the servicing rights for those mortgages. In the three month periods ended March 31, 2020 and March 31, 2019, the Bank sold mortgages to FNMA totaling $ 3.7 million, and $2.0 million, respectively. At March 31, 2020 and December 31, 2019, the Bank had a loan servicing portfolio principal balance of $78 million and $76 million, respectively, upon which it earned servicing fees. The value of the mortgage servicing rights for that portfolio was $0.5 million and $0.6 million at March 31, 2020 and December 31, 2019, respectively. No loans were held for sale at March 31, 2020. At December 31, 2019 there were $ 0.7 million in residential mortgages held for sale. The Company has never been contacted by FNMA to repurchase any loans due to improper documentation or fraud.  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, 2019. 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, 2019. Unless otherwise noted in this Form 10-Q, the policies and methodology described in the Annual Report for the year ended December 31, 2019 are consistent with those utilized by the Company in the three month period ended March 31 , 2020.   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:        March 31, 2020  (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 $ 73,866 $ 476,629 $ 550,495 $ 184,214  Watch 12,493 165,806 178,299 50,615  Special Mention 8,133 11,024 19,157 11,836  Substandard 2,206 13,192 15,398 9,492  Doubtful/Loss - - - -  Total $ 96,698 $ 666,651 $ 763,349 $ 256,157      December 31, 2019  (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 $ 73,646 $ 451,297 $ 524,943 $ 165,255  Watch 13,380 171,277 184,657 68,665  Special Mention 8,359 15,725 24,084 7,631  Substandard 2,463 6,737 9,200 9,646  Doubtful/Loss - - - -  Total $ 97,848 $ 645,036 $ 742,884 $ 251,197     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:      March 31, 2020  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 245,230 $ 1,094 $ 2,613 $ - $ 7,220 $ 256,157  Residential real estate:  Residential 151,557 3,160 - - 1,408 156,125  Construction 298 - - - - 298  Commercial real estate:  Commercial 650,625 10,009 - - 6,017 666,651  Construction 93,488 1,892 - - 1,318 96,698  Home equities 66,552 302 24 - 751 67,629  Consumer and other 1,206 11 3 3 - 1,223  Total Loans $ 1,208,956 $ 16,468 $ 2,640 $ 3 $ 16,714 $ 1,244,781  Note: Loan balances do not include $ 1.4 million in net deferred loan origination costs as of March 31 , 2020.      December 31, 2019  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 245,658 $ 705 $ - $ - $ 4,834 $ 251,197  Residential real estate:  Residential 153,630 2,616 888 - 1,438 158,572  Construction 865 - 202 - - 1,067  Commercial real estate:  Commercial 630,016 3,482 5,879 - 5,659 645,036  Construction 92,667 2,886 720 - 1,575 97,848  Home equities 67,868 354 239 - 890 69,351  Consumer and other 1,907 15 4 - - 1,926  Total Loans $ 1,192,611 $ 10,058 $ 7,932 $ - $ 14,396 $ 1,224,997  Note: Loan balances do not include $ 1.5 m illion in net deferred loan origination costs as of December 31, 2019.    Allowance for loan losses  The following tables present the activity in the allowance for loan losses according to portfolio segment for the three month periods ended March 31, 2020 and 2019:          March 31, 2020   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 4,547 $ 9,005 $ 155 $ 1,071 $ 397 $ 15,175  Charge-offs (17) - (15) (29) (4) (65)  Recoveries 32 - 16 - - 48  Provision (Credit) 1,013 1,583 (65) 376 92 2,999  Ending balance $ 5,575 $ 10,588 $ 91 $ 1,418 $ 485 $ 18,157   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 1,012 $ 6 $ - $ - $ - $ 1,018  Collectively evaluated  for impairment 4,563 10,582 91 1,418 485 17,139  Total $ 5,575 $ 10,588 $ 91 $ 1,418 $ 485 $ 18,157   Loans:  Ending balance:  Individually evaluated  for impairment $ 7,456 $ 7,872 $ - $ 2,591 $ 1,252 $ 19,171  Collectively evaluated  for impairment 248,701 755,477 1,223 153,832 66,377 1,225,610  Total $ 256,157 $ 763,349 $ 1,223 $ 156,423 $ 67,629 $ 1,244,781    * Includes construction loans  Note: Loan balances do not include $ 1. 4 million in net deferred loan origination costs as of March 31, 2020.         March 31, 2019   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 4,368 $ 8,844 $ 106 $ 1,121 $ 345 $ 14,784  Charge-offs (121) - (23) - - (144)  Recoveries 22 - 7 - - 29  Provision (Credit) 485 205 21 (168) (5) 538  Ending balance $ 4,754 $ 9,049 $ 111 $ 953 $ 340 $ 15,207   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 499 $ 579 $ 22 $ 70 $ - $ 1,170  Collectively evaluated  for impairment 4,255 8,470 89 883 340 14,037  Total $ 4,754 $ 9,049 $ 111 $ 953 $ 340 $ 15,207   Loans:  Ending balance:  Individually evaluated  for impairment $ 4,293 $ 15,536 $ 22 $ 2,963 $ 1,661 $ 24,475  Collectively evaluated  for impairment 237,216 694,316 1,416 158,230 68,116 1,159,294  Total $ 241,509 $ 709,852 $ 1,438 $ 161,193 $ 69,777 $ 1,183,769  * Includes construction loans  Note: Loan balances do not include $ 1.7 million in net deferred loan origination costs as of March 31, 2019.   Impaired Loans The following tables provide data, at the class level, for impaired loans as of the dates indicated:      At March 31, 2020  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 $ 2,008 $ 2,322 $ - $ 2,223 $ 30 $ 1  Residential real estate:  Residential 2,591 2,870 - 2,672 17 16  Construction - - - - - -  Commercial real estate:  Commercial 6,120 6,643 - 6,358 64 22  Construction 1,318 1,352 - 1,335 15 -  Home equities 1,252 1,463 - 1,301 12 6  Consumer and other - - - - - -  Total impaired loans $ 13,289 $ 14,650 $ - $ 13,889 $ 138 $ 45      At March 31, 2020  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 $ 5,448 $ 5,525 $ 1,012 $ 5,516 $ 76 $ 2  Residential real estate:  Residential - - - - - -  Construction - - - - - -  Commercial real estate:  Commercial 434 443 6 437 6 -  Construction - - - - - -  Home equities - - - - - -  Consumer and other - - - - - -  Total impaired loans $ 5,882 $ 5,968 $ 1,018 $ 5,953 $ 82 $ 2      At March 31, 2020  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 7,456 $ 7,847 $ 1,012 $ 7,739 $ 106 $ 3  Residential real estate:  Residential 2,591 2,870 - 2,672 17 16  Construction - - - - - -  Commercial real estate:  Commercial 6,554 7,086 6 6,795 70 22  Construction 1,318 1,352 - 1,335 15 -  Home equities 1,252 1,463 - 1,301 12 6  Consumer and other - - - - - -  Total impaired loans $ 19,171 $ 20,618 $ 1,018 $ 19,842 $ 220 $ 47       At December 31, 2019  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 $ 3,798 $ 4,112 $ - $ 4,046 $ 118 $ 143  Residential real estate:  Residential 2,744 3,003 - 2,823 73 63  Construction - - - - - -  Commercial real estate:  Commercial 6,019 6,521 - 6,293 225 72  Construction 1,335 1,352 - 1,344 23 50  Home equities 1,453 1,687 - 1,525 64 30  Consumer and other - - - - - -  Total impaired loans $ 15,349 $ 16,675 $ - $ 16,031 $ 503 $ 358      At December 31, 2019  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 $ 2,760 $ 2,808 $ 442 $ 2,764 $ 109 $ 63  Residential real estate:  Residential 60 62 5 61 3 1  Construction - - - - - -  Commercial real estate:  Commercial 197 197 4 197 8 4  Construction 240 246 5 242 8 9  Home equities - - - - - -  Consumer and other 21 23 21 22 - 1  Total impaired loans $ 3,278 $ 3,336 $ 477 $ 3,286 $ 128 $ 78      At December 31, 2019  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 6,558 $ 6,920 $ 442 $ 6,810 $ 227 $ 206  Residential real estate:  Residential 2,804 3,065 5 2,884 76 64  Construction - - - - - -  Commercial real estate:  Commercial 6,216 6,718 4 6,490 233 76  Construction 1,575 1,598 5 1,586 31 59  Home equities 1,453 1,687 - 1,525 64 30  Consumer and other 21 23 21 22 - 1  Total impaired loans $ 18,627 $ 20,011 $ 477 $ 19,317 $ 631 $ 436    Troubled debt restructurings  The following tables summarize the loans that were classified as troubled debt restructurings (“TDRs”) as of the dates indicated:     March 31, 2020  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 2,017 $ 1,781 $ 236 $ 396  Residential real estate:  Residential 1,681 498 1,183 -  Construction - - - -  Commercial real estate:  Commercial and multi-family 3,577 3,040 537 -  Construction - - - -  Home equities 671 170 501 -  Consumer and other - - - -  Total TDR loans $ 7,946 $ 5,489 $ 2,457 $ 396      December 31, 2019  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 2,052 $ 328 $ 1,724 $ 26  Residential real estate:  Residential 1,815 449 1,366 -  Construction - - - -  Commercial real estate:  Commercial and multi-family 3,632 3,075 557 -  Construction - - - -  Home equities 738 175 563 -  Consumer and other 21 - 21 21  Total TDR loans $ 8,258 $ 4,027 $ 4,231 $ 47   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 March 31, 2020, 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 borrower 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.  Federal banking regulators issued interagency statements that included guidance on accounting for loan modifications in light of the economic impact of the Coronavirus Disease 2019 (COVID-19) pandemic on March 22, 2020 and April 7, 2020. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. The agencies confirmed, in working with the staff of the FASB, that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were less than 30 days past due on its contractual payments prior to any relief are not TDRs.  The following tables show the data for TDR activity by the type of concession granted to the borrower for the three month periods ended March 31 , 2020 and 2019:    Three months ended March 31, 2020 Three months ended March 31, 2019  (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 $ $ $ $  Residential Real Estate & Construction: - - - - -  Combination of concessions 1 56 56 - - -  Commercial Real Estate & Construction  Home Equities: - - - - -  Extension of maturity and  interest rate reduction - - - 1 109 109  Consumer and other loans - - - - - -  Other - - - - - -   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 to its collateral value. A loan is considered in default when the loan is 90 days past due. Loans which were classified as TDRs during the previous 12 months which defaulted during the three month periods ended March 31, 2020 and 2019 were not material. |
Common Equity And Earnings Per
Common Equity And Earnings Per Share Data | 3 Months Ended |
Mar. 31, 2020 | |
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 month periods ended March 31 , 2020 and 2019, the Company had an average of 55,267 and 76,636 dilutive shares outstanding, 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. For the three month period ended March 31 , 2020 and 2019, there was an average of 81,770 and 46,220 potentially anti-dilutive shares outstanding, respectively, that were not included in calculating diluted earnings per share because their effect was anti-dilutive. |
Other Comprehensive Income
Other Comprehensive Income | 3 Months Ended |
Mar. 31, 2020 | |
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 during the three months ended March 31 , 2020 and 2019:     Balance at December 31, 2019 Net Change Balance at March 31, 2020  (in thousands)  Net unrealized gain on investment securities $ 522 $ 1,835 $ 2,357  Net defined benefit pension plan adjustments (3,105) 87 (3,018)  Total $ (2,583) $ 1,922 $ (661)   Balance at December 31, 2018 Net Change Balance at March 31, 2019  (in thousands)  Net unrealized (loss) gain on investment securities $ (2,348) $ 1,303 $ (1,045)  Net defined benefit pension plan adjustments (3,005) 67 (2,938)  Total $ (5,353) $ 1,370 $ (3,983)        Three months ended March 31, 2020 Three months ended March 31, 2019  (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 gain on investment  securities:  Unrealized gain on investment  securities $ 2,475 $ (640) $ 1,835 $ 1,761 $ (458) $ 1,303   Defined benefit pension plan  adjustments:  Reclassifications from accumulated other  comprehensive income for gains  Amortization of prior service cost (a) $ 8 $ (3) $ 5 $ 8 $ (2) $ 6  Amortization of actuarial loss (a) 113 (31) 82 83 (22) 61  Net change 121 (34) 87 91 (24) 67   Other comprehensive income $ 2,596 $ (674) $ 1,922 $ 1,852 $ (482) $ 1,370  (a) Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs”   |
Segment Information
Segment Information | 3 Months Ended |
Mar. 31, 2020 | |
Segment Information [Abstract] | |
Segment Information | 7. SEGMENT INFORMATION  The Company comprises two primary business segments, banking and insurance agency activities. The following tables set forth information regarding these segments for the three month periods ended March 31 , 2020 and 2019.        Three months ended March 31, 2020  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 12,779 $ (3) $ 12,776  Provision for loan losses 2,999 - 2,999  Net interest income (expense) after  provision for loan losses 9,780 (3) 9,777  Insurance service and fees 113 2,312 2,425  Other non-interest income 913 - 913  Amortization expense - 130 130  Other non-interest expense 10,720 2,020 12,740  Income before income taxes 86 159 245  Income tax provision - 41 41  Net income $ 86 $ 118 $ 204        Three months ended March 31, 2019  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 12,541 $ (33) $ 12,508  Provision for loan losses 538 - 538  Net interest income (expense) after  provision for loan losses 12,003 (33) 11,970  Insurance service and fees 119 2,323 2,442  Other non-interest income 1,753 - 1,753  Amortization expense - 112 112  Other non-interest expense 9,086 2,026 11,112  Income before income taxes 4,789 152 4,941  Income tax provision 1,181 40 1,221  Net income $ 3,608 $ 112 $ 3,720   |
Contingent Liabilities And Comm
Contingent Liabilities And Commitments | 3 Months Ended |
Mar. 31, 2020 | |
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:      March 31, December 31,  2020 2019  (in thousands)   Commitments to extend credit $ 333,067 $ 331,974  Standby letters of credit 3,775 4,309  Total $ 336,842 $ 336,283   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 no t incur any losses on its commitments and did no t record a reserve for its commitments during the first three months of 2020 or during 2019.  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 | 3 Months Ended |
Mar. 31, 2020 | |
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 following table presents the net periodic cost for the Bank’s defined benefit pension plan and supplemental executive retirement plan for the three months ended March 31 , 2020 and 2019 :       Three months ended March 31,  (in thousands)   Supplemental Executive  Pension Benefits Retirement Plan   2020 2019 2020 2019   Service cost $ - $ - $ 39 $ 36  Interest cost 50 55 38 50  Expected return on plan assets (81) (69) - -  Amortization of prior service cost - - 8 8  Amortization of the net loss 25 24 88 59  Net periodic cost (benefit) $ (6) $ 10 $ 173 $ 153   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. |
Revenue Recognition Of Non-Inte
Revenue Recognition Of Non-Interest Income | 3 Months Ended |
Mar. 31, 2020 | |
Revenue Recognition Of Non-Interest Income [Abstract] | |
Revenue Recognition Of Non-Interest Income | 10. 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 insurance 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 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 the 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 months ended March 31, 2020 and 2019 is provided in the tables below:     Three months ended March 31,  2020 2019  (in thousands)  Commercial property and casualty insurance commissions $ 867 $ 842  Personal property and casualty insurance commissions 754 750  Employee benefits sales commissions 379 293  Profit sharing and contingent revenue 206 257  Wealth management and other financial services 121 124  Insurance claims services revenue 55 146  Other insurance-related revenue 43 30  Total insurance service and other fees $ 2,425 $ 2,442   |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 3 Months Ended |
Mar. 31, 2020 | |
Recent Accounting Pronouncements [Abstract] | |
Recent Accounting Pronouncements | 11. RECENT ACCOUNTING PRONOUNCEMENTS  ASUs adopted by the Company during the current fiscal year are not expected to have a material impact on the Company’s consolidated financial position, results of operations, cash flows or disclosures. The following standards will be adopted in future periods. ASUs not listed below are not expected to have a material impact on the Company’s consolidated financial position, results of operations, cash flows or disclosures.  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 Company is developing its approach for determining expected credit losses under the new guidance, including the licensing of new software and the development of processes to track loan performance. The total impact of CECL to the Company’s financial statements is unknown but may be material. The amendments in CECL are effective for smaller reporting companies for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted. The Company intends to early adopt CECL effective January 1, 2022.  ASU 2019-12, Simplifying the Accounting for Income Taxes – The amendments in this ASU simplify the accounting for income taxes by removing the following exceptions: 1. Exception to the incremental approach for intraperiod tax allocation when there is a loss from continuing operations and income or a gain from other items (for example, discontinued operations or other comprehensive income) ; 2. Exception to the requirement to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment ; 3. Exception to the ability not to recognize a deferred tax liability for a foreign subsidiary when a foreign equity method investment becomes a subsidiary ; and 4. Exception to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. The amendments also simplify the accounting for income taxes by doing the following: 1. Requiring that an entity recognize a franchise tax (or similar tax) that is partially based on income as an income based tax and account for any incremental amount incurred as a non-income-based tax; 2. Requiring that an entity evaluate when a step up in the tax basis of goodwill should be considered part of the business combination in which the book goodwill was originally recognized and when it should be considered a separate transaction; 3. Specifying that an entity is not required to allocate the consolidated amount of current and deferred tax expense to a legal entity that is not subject to tax in its separate financial statements. However, an entity may elect to do so (on an entity-by-entity basis) for a legal entity that is both not subject to tax and disregarded by the taxing authority; 4. Requiring that an entity reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date; and 5. Making minor Codification improvements for income taxes related to employee stock ownership plans and investments in qualified affordable housing projects accounted for using the equity method.  The amendments in this ASU related to separate financial statements of legal entities that are not subject to tax should be applied on a retrospective basis for all periods presented. The amendments related to changes in ownership of foreign equity method investments or foreign subsidiaries should be applied on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. The amendments related to franchise taxes that are partially based on income should be applied on either a retrospective basis for all periods presented or a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. All other amendments should be applied on a prospective basis. Early adoption of the amendments in an interim period would require recognition of any adjustments as of the beginning of the annual period that includes that interim period. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption is permitted. The Company is evaluating the impact that the guidance will have on its consolidated financial statements.  |
Acquisitions
Acquisitions | 3 Months Ended |
Mar. 31, 2020 | |
Acquisitions [Abstract] | |
Acquisitions | 12. ACQUISITIONS  On May 1, 2020, the Company completed the acquisition of FSB Bancorp, Inc., a Maryland corporation and the parent holding company of Fairport Savings Bank (“FSB”). On that date, FSB was merged into Evans Bank, a wholly owned banking subsidiary of the Company. FSB operated 4 banking offices in New York at the date of acquisition. After application of the election, allocation and proration procedures contained in the merger agreement, the Company paid $17.1 million in cash and issued 422,625 shares of Evans Bancorp, Inc. common stock in exchange for all of the shares of common stock of FSB Bancorp, Inc. outstanding at the time of the acquisition.  The acquisition of FSB was completed subsequent to the first quarter of 2020, thus FSB’s balance sheet and results of operations are not included in the Company’s consolidated financial statements for the period ended March 31, 2020. The Company is currently in the process of allocating the purchase price to the fair values of the assets and liabilities acquired in conjunction with the acquisition. As of December 31, 2019, FSB reported $323 million of assets, including $275 million of loans (predominantly residential real estate loans) and $23 million of investment securities, and $292 million of liabilities, including $236 million of deposits.  The Company incurred $0.5 million of merger-related expenses during the three months ended March 31, 2020, consisting largely of professional services of attorneys, accountants, investment bankers and other advisors. There were no merger-related expenses incurred during three months ended March 31, 2019.  |
Leases
Leases | 3 Months Ended |
Mar. 31, 2020 | |
Leases [Abstract] | |
Leases | 13. LEASES  The Company’s leases, consisting of property leases for certain of our bank branches and insurance agency offices, are classified as operating leases. Operating lease Right of Use (“ROU”) assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. ROU assets were $3.6 million and $3.7 million as of March 31, 2020 and December 31, 2019, respectively. Lease liabilities were $4.0 million and $4.2 million as of March 31, 2020 and December 31, 2019, respectively. As these leases do not provide an implicit rate, we use our incremental borrowing rate in determining the present value of lease payments. Our lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Leases with an initial term of 12 months or less are not recorded on the balance sheet.  Lease expense is recognized on a straight-line basis over the lease term. Operating lease expenses were $0.2 million during the three-month periods ended March 31, 2020 and 2019 and are included in other non-interest expense on the consolidated statement of income. Cash paid for amounts included in the measurement of lease liabilities were $0.2 million during the three-month periods ended March 31, 2020 and 2019 and are included in cash flows from operating activities on the consolidated statement of cash flows. The weighted average discount rate related to the Company’s leases was 3.5% as of March 31, 2020. The weighted average remaining lease term related to the Company’s leases was 8.4 years as of March 31, 2020. Future minimum lease payments under non-cancellable leases as of March 31, 2020 were as follows:        Year Ending December 31,  2020 (excluding the three months ended March 31, 2020) $ 562  2021 682  2022 694  2023 589  2024 452  Thereafter 1,640  Total future minimum lease payments 4,619  Less imputed interest 617  Total $ 4,002    |
Organization And Summary Of S_2
Organization And Summary Of Significant Accounting Policies (Policy) | 3 Months Ended |
Mar. 31, 2020 | |
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”), and Evans National Holding Corp. (“ENHC”); 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 Financial Accounting Standards Board (“FASB”) establishes changes to U.S. GAAP in the form of accounting standards updates (“ASUs”) to the FASB Accounting Standards Codification. The Company considers the applicability and impact of all ASUs when they are issued by FASB. ASUs adopted by the Company during the current fiscal year are not expected to have a material impact on the Company’s consolidated financial position, results of operations, cash flows or disclosures.  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, 2019 (“10-K”). The Company’s significant accounting policies are disclosed in Note 1 to the 10-K.  |
Revenue Recognition Of Non-In_2
Revenue Recognition Of Non-Interest Income (Policy) | 3 Months Ended |
Mar. 31, 2020 | |
Revenue Recognition Of Non-Interest Income [Abstract] | |
Revenue Recognition | 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 insurance 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 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 the 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.  |
Securities (Tables)
Securities (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Securities [Abstract] | |
Schedule Of Amortized Cost And Approximate Fair Value Of Securities |     March 31, 2020  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 34,137 $ 769 $ - $ 34,906  States and political subdivisions 3,286 57 (6) 3,337  Total debt securities $ 37,423 $ 826 $ (6) $ 38,243   Mortgage-backed securities:  FNMA $ 41,012 $ 1,338 $ (20) $ 42,330  FHLMC 14,441 497 - 14,938  GNMA 3,180 66 (1) 3,245  SBA 22,398 171 (229) 22,340  CMO 37,557 624 (86) 38,095  Total mortgage-backed securities $ 118,588 $ 2,696 $ (336) $ 120,948   Total securities designated as available for sale $ 156,011 $ 3,522 $ (342) $ 159,191   Held to Maturity:  Debt securities  States and political subdivisions $ 2,847 $ 116 $ - $ 2,963   Total securities designated as held to maturity $ 2,847 $ 116 $ - $ 2,963      December 31, 2019  (in thousands)   Amortized Unrealized Fair  Cost Gains Losses Value   Available for Sale:  Debt securities:  U.S. government agencies $ 27,951 $ 225 $ (21) $ 28,155  States and political subdivisions 3,289 69 (7) 3,351  Total debt securities $ 31,240 $ 294 $ (28) $ 31,506   Mortgage-backed securities:  FNMA $ 34,395 $ 330 $ (53) $ 34,672  FHLMC 15,390 137 (13) 15,514  GNMA 3,421 16 (24) 3,413  SBA 13,752 90 (70) 13,772  CMO 29,019 190 (164) 29,045  Total mortgage-backed securities $ 95,977 $ 763 $ (324) $ 96,416   Total securities designated as available for sale $ 127,217 $ 1,057 $ (352) $ 127,922   Held to Maturity:  Debt securities  States and political subdivisions $ 2,386 $ 24 $ (18) $ 2,392   Total securities designated as held to maturity $ 2,386 $ 24 $ (18) $ 2,392    |
Scheduled Maturities Of Debt And Mortgage-Backed Securities |     March 31, 2020 December 31, 2019  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 $ 6,004 $ 6,045 $ 6,005 $ 6,014  Due after one year through five years 4,636 4,770 6,481 6,626  Due after five years through ten years 23,283 23,907 18,754 18,866  Due after ten years 3,500 3,521 - -  37,423 38,243 31,240 31,506   Mortgage-backed securities  available for sale 118,588 120,948 95,977 96,416   Total $ 156,011 $ 159,191 $ 127,217 $ 127,922   Debt securities held to maturity:   Due in one year or less $ 1,650 $ 1,664 $ 1,139 $ 1,140  Due after one year through five years 662 706 712 732  Due after five years through ten years 54 58 54 54  Due after ten years 481 535 481 466  Total $ 2,847 $ 2,963 $ 2,386 $ 2,392   |
Unrealized Losses On Securities |       March 31, 2020   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 $ - $ - $ - $ - $ - $ -  States and political subdivisions - - 181 (6) 181 (6)  Total debt securities $ - $ - $ 181 $ (6) $ 181 $ (6)   Mortgage-backed securities:  FNMA $ 1,422 $ (19) $ 13 $ (1) $ 1,435 $ (20)  FHLMC - - - - - -  GNMA 85 (1) - - 85 (1)  SBA 11,962 (229) - - 11,962 (229)  CMO 7,560 (84) 1,015 (2) 8,575 (86)  Total mortgage-backed securities $ 21,029 $ (333) $ 1,028 $ (3) $ 22,057 $ (336)   Held to Maturity:  Debt securities:  States and political subdivisions $ - $ - $ - $ - $ - $ -   Total temporarily impaired  securities $ 21,029 $ (333) $ 1,209 $ (9) $ 22,238 $ (342)    December 31, 2019   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 $ 1,976 $ (18) $ 3,997 $ (3) $ 5,973 $ (21)  States and political subdivisions - - 181 (7) 181 (7)  Total debt securities $ 1,976 $ (18) $ 4,178 $ (10) $ 6,154 $ (28)   Mortgage-backed securities:  FNMA $ 5,355 $ (38) $ 3,630 $ (15) $ 8,985 $ (53)  FHLMC - - 1,242 (13) 1,242 (13)  GNMA 2,091 (22) 770 (2) 2,861 (24)  SBA 5,171 (70) - - 5,171 (70)  CMO 5,706 (36) 8,911 (128) 14,617 (164)  Total mortgage-backed securities $ 18,323 $ (166) $ 14,553 $ (158) $ 32,876 $ (324)   Held to Maturity:  Debt securities:  States and political subdivisions $ 227 $ (1) $ 2,165 $ (17) $ 2,392 $ (18)   Total temporarily impaired  securities $ 20,526 $ (185) $ 20,896 $ (185) $ 41,422 $ (370)     |
Fair Value Measurement (Tables)
Fair Value Measurement (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Financial Instruments Measured At Fair Value On Recurring Basis |   (in thousands) Level 1 Level 2 Level 3 Fair Value   March 31, 2020  Securities available-for-sale:  US government agencies $ - $ 34,906 $ - $ 34,906  States and political subdivisions - 3,337 - 3,337  Mortgage-backed securities - 120,948 - 120,948  Mortgage servicing rights - - 485 485   December 31, 2019  Securities available-for-sale:  US government agencies $ - $ 28,155 $ - $ 28,155  States and political subdivisions - 3,351 - 3,351  Mortgage-backed securities - 96,416 - 96,416  Mortgage servicing rights - - 555 555  |
Quantitative Information About Significant Unobservable Inputs For MSRs |   March 31, 2020 December 31, 2019  Servicing fees 0.25 % 0.25 %  Discount rate 9.00 % 9.00 %  Prepayment rate (CPR) 8.75 % 8.21 %  |
Financial Instruments Measured At Fair Value On Nonrecurring Basis |    (in thousands) Level 1 Level 2 Level 3 Fair Value   March 31, 2020  Collateral dependent impaired loans $ - $ - $ 17,263 $ 17,263   December 31, 2019  Collateral dependent impaired loans $ - $ - $ 15,735 $ 15,735  |
Estimated Fair Values Of Financial Instruments |   March 31, 2020 December 31, 2019  Carrying Fair Carrying Fair  Amount Value Amount Value  (in thousands) (in thousands)  Financial assets:  Level 1:  Cash and cash equivalents $ 51,968 $ 51,968 $ 38,857 $ 38,857  Level 2:  Available for sale securities 159,191 159,191 127,922 127,922  FHLB and FRB stock 3,549 N/A 3,544 N/A  Level 3:  Held to maturity securities 2,847 2,963 2,386 2,392  Loans, net 1,228,049 1,258,020 1,211,356 1,222,386  Mortgage servicing rights 485 485 555 555   Financial liabilities:  Level 1:  Demand deposits $ 273,623 $ 273,623 $ 263,717 $ 263,717  NOW deposits 159,223 159,223 140,654 140,654  Savings deposits 625,773 625,773 587,142 587,142  Level 2:  Securities sold under agreement to  repurchase 2,572 2,572 2,425 2,425  Other borrowed funds 10,000 10,002 10,000 9,997  Junior subordinated debentures 11,330 11,330 11,330 11,330  Level 3:  Time deposits 268,978 271,259 275,927 277,051  |
Mortgage Servicing Rights [Member] | |
Summary Of Changes In Fair Value At Level 3 |   Three months ended March 31,  (in thousands) 2020 2019  Mortgage servicing rights - January 1 $ 555 $ 609  Gains/(Losses) included in earnings (103) (40)  Additions from loan sales 33 18  Mortgage servicing rights - March 31 $ 485 $ 587  |
Loans And The Allowance For L_2
Loans And The Allowance For Loan Losses (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Loans And The Allowance For Loan Losses [Abstract] | |
Schedule Of Loan Portfolio Composition |   March 31, 2020 December 31, 2019  Mortgage loans on real estate: (in thousands)  Residential mortgages $ 156,125 $ 158,572  Commercial and multi-family 666,651 645,036  Construction-Residential 298 1,067  Construction-Commercial 96,698 97,848  Home equities 67,629 69,351  Total real estate loans 987,401 971,874   Commercial and industrial loans 256,157 251,197  Consumer and other loans 1,223 1,926  Net deferred loan origination costs 1,425 1,534  Total gross loans 1,246,206 1,226,531   Allowance for loan losses (18,157) (15,175)   Loans, net $ 1,228,049 $ 1,211,356  |
Data, At Class Level, Of Credit Quality Indicators Of Certain Loans |        March 31, 2020  (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 $ 73,866 $ 476,629 $ 550,495 $ 184,214  Watch 12,493 165,806 178,299 50,615  Special Mention 8,133 11,024 19,157 11,836  Substandard 2,206 13,192 15,398 9,492  Doubtful/Loss - - - -  Total $ 96,698 $ 666,651 $ 763,349 $ 256,157      December 31, 2019  (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 $ 73,646 $ 451,297 $ 524,943 $ 165,255  Watch 13,380 171,277 184,657 68,665  Special Mention 8,359 15,725 24,084 7,631  Substandard 2,463 6,737 9,200 9,646  Doubtful/Loss - - - -  Total $ 97,848 $ 645,036 $ 742,884 $ 251,197    |
Recorded Investment In Loans Past Due |      March 31, 2020  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 245,230 $ 1,094 $ 2,613 $ - $ 7,220 $ 256,157  Residential real estate:  Residential 151,557 3,160 - - 1,408 156,125  Construction 298 - - - - 298  Commercial real estate:  Commercial 650,625 10,009 - - 6,017 666,651  Construction 93,488 1,892 - - 1,318 96,698  Home equities 66,552 302 24 - 751 67,629  Consumer and other 1,206 11 3 3 - 1,223  Total Loans $ 1,208,956 $ 16,468 $ 2,640 $ 3 $ 16,714 $ 1,244,781  Note: Loan balances do not include $ 1.4 million in net deferred loan origination costs as of March 31 , 2020.      December 31, 2019  (in thousands)   Current Non-accruing Total  Balance 30-59 days 60-89 days 90+ days Loans Balance   Commercial and industrial $ 245,658 $ 705 $ - $ - $ 4,834 $ 251,197  Residential real estate:  Residential 153,630 2,616 888 - 1,438 158,572  Construction 865 - 202 - - 1,067  Commercial real estate:  Commercial 630,016 3,482 5,879 - 5,659 645,036  Construction 92,667 2,886 720 - 1,575 97,848  Home equities 67,868 354 239 - 890 69,351  Consumer and other 1,907 15 4 - - 1,926  Total Loans $ 1,192,611 $ 10,058 $ 7,932 $ - $ 14,396 $ 1,224,997  Note: Loan balances do not include $ 1.5 m illion in net deferred loan origination costs as of December 31, 2019.  |
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 three month periods ended March 31, 2020 and 2019:          March 31, 2020   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 4,547 $ 9,005 $ 155 $ 1,071 $ 397 $ 15,175  Charge-offs (17) - (15) (29) (4) (65)  Recoveries 32 - 16 - - 48  Provision (Credit) 1,013 1,583 (65) 376 92 2,999  Ending balance $ 5,575 $ 10,588 $ 91 $ 1,418 $ 485 $ 18,157   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 1,012 $ 6 $ - $ - $ - $ 1,018  Collectively evaluated  for impairment 4,563 10,582 91 1,418 485 17,139  Total $ 5,575 $ 10,588 $ 91 $ 1,418 $ 485 $ 18,157   Loans:  Ending balance:  Individually evaluated  for impairment $ 7,456 $ 7,872 $ - $ 2,591 $ 1,252 $ 19,171  Collectively evaluated  for impairment 248,701 755,477 1,223 153,832 66,377 1,225,610  Total $ 256,157 $ 763,349 $ 1,223 $ 156,423 $ 67,629 $ 1,244,781    * Includes construction loans  Note: Loan balances do not include $ 1. 4 million in net deferred loan origination costs as of March 31, 2020.         March 31, 2019   (in thousands) Commercial and Industrial Commercial Real Estate Mortgages* Consumer and Other Residential Mortgages* Home Equities Total  Allowance for loan  losses:  Beginning balance $ 4,368 $ 8,844 $ 106 $ 1,121 $ 345 $ 14,784  Charge-offs (121) - (23) - - (144)  Recoveries 22 - 7 - - 29  Provision (Credit) 485 205 21 (168) (5) 538  Ending balance $ 4,754 $ 9,049 $ 111 $ 953 $ 340 $ 15,207   Allowance for loan  losses:  Ending balance:  Individually evaluated  for impairment $ 499 $ 579 $ 22 $ 70 $ - $ 1,170  Collectively evaluated  for impairment 4,255 8,470 89 883 340 14,037  Total $ 4,754 $ 9,049 $ 111 $ 953 $ 340 $ 15,207   Loans:  Ending balance:  Individually evaluated  for impairment $ 4,293 $ 15,536 $ 22 $ 2,963 $ 1,661 $ 24,475  Collectively evaluated  for impairment 237,216 694,316 1,416 158,230 68,116 1,159,294  Total $ 241,509 $ 709,852 $ 1,438 $ 161,193 $ 69,777 $ 1,183,769  * Includes construction loans  Note: Loan balances do not include $ 1.7 million in net deferred loan origination costs as of March 31, 2019.  |
Data, At Class Level, Of Impaired Loans |      At March 31, 2020  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 $ 2,008 $ 2,322 $ - $ 2,223 $ 30 $ 1  Residential real estate:  Residential 2,591 2,870 - 2,672 17 16  Construction - - - - - -  Commercial real estate:  Commercial 6,120 6,643 - 6,358 64 22  Construction 1,318 1,352 - 1,335 15 -  Home equities 1,252 1,463 - 1,301 12 6  Consumer and other - - - - - -  Total impaired loans $ 13,289 $ 14,650 $ - $ 13,889 $ 138 $ 45      At March 31, 2020  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 $ 5,448 $ 5,525 $ 1,012 $ 5,516 $ 76 $ 2  Residential real estate:  Residential - - - - - -  Construction - - - - - -  Commercial real estate:  Commercial 434 443 6 437 6 -  Construction - - - - - -  Home equities - - - - - -  Consumer and other - - - - - -  Total impaired loans $ 5,882 $ 5,968 $ 1,018 $ 5,953 $ 82 $ 2      At March 31, 2020  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 7,456 $ 7,847 $ 1,012 $ 7,739 $ 106 $ 3  Residential real estate:  Residential 2,591 2,870 - 2,672 17 16  Construction - - - - - -  Commercial real estate:  Commercial 6,554 7,086 6 6,795 70 22  Construction 1,318 1,352 - 1,335 15 -  Home equities 1,252 1,463 - 1,301 12 6  Consumer and other - - - - - -  Total impaired loans $ 19,171 $ 20,618 $ 1,018 $ 19,842 $ 220 $ 47       At December 31, 2019  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 $ 3,798 $ 4,112 $ - $ 4,046 $ 118 $ 143  Residential real estate:  Residential 2,744 3,003 - 2,823 73 63  Construction - - - - - -  Commercial real estate:  Commercial 6,019 6,521 - 6,293 225 72  Construction 1,335 1,352 - 1,344 23 50  Home equities 1,453 1,687 - 1,525 64 30  Consumer and other - - - - - -  Total impaired loans $ 15,349 $ 16,675 $ - $ 16,031 $ 503 $ 358      At December 31, 2019  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 $ 2,760 $ 2,808 $ 442 $ 2,764 $ 109 $ 63  Residential real estate:  Residential 60 62 5 61 3 1  Construction - - - - - -  Commercial real estate:  Commercial 197 197 4 197 8 4  Construction 240 246 5 242 8 9  Home equities - - - - - -  Consumer and other 21 23 21 22 - 1  Total impaired loans $ 3,278 $ 3,336 $ 477 $ 3,286 $ 128 $ 78      At December 31, 2019  Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Foregone Interest Income Recognized  Total: (in thousands)  Commercial and industrial $ 6,558 $ 6,920 $ 442 $ 6,810 $ 227 $ 206  Residential real estate:  Residential 2,804 3,065 5 2,884 76 64  Construction - - - - - -  Commercial real estate:  Commercial 6,216 6,718 4 6,490 233 76  Construction 1,575 1,598 5 1,586 31 59  Home equities 1,453 1,687 - 1,525 64 30  Consumer and other 21 23 21 22 - 1  Total impaired loans $ 18,627 $ 20,011 $ 477 $ 19,317 $ 631 $ 436  |
Loans Classified As Troubled Debt Restructurings |    March 31, 2020  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 2,017 $ 1,781 $ 236 $ 396  Residential real estate:  Residential 1,681 498 1,183 -  Construction - - - -  Commercial real estate:  Commercial and multi-family 3,577 3,040 537 -  Construction - - - -  Home equities 671 170 501 -  Consumer and other - - - -  Total TDR loans $ 7,946 $ 5,489 $ 2,457 $ 396      December 31, 2019  (in thousands)  Total Nonaccruing Accruing Related Allowance  Commercial and industrial $ 2,052 $ 328 $ 1,724 $ 26  Residential real estate:  Residential 1,815 449 1,366 -  Construction - - - -  Commercial real estate:  Commercial and multi-family 3,632 3,075 557 -  Construction - - - -  Home equities 738 175 563 -  Consumer and other 21 - 21 21  Total TDR loans $ 8,258 $ 4,027 $ 4,231 $ 47  |
TDR Activity By Type Of Concession Granted To Borrower |    Three months ended March 31, 2020 Three months ended March 31, 2019  (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 $ $ $ $  Residential Real Estate & Construction: - - - - -  Combination of concessions 1 56 56 - - -  Commercial Real Estate & Construction  Home Equities: - - - - -  Extension of maturity and  interest rate reduction - - - 1 109 109  Consumer and other loans - - - - - -  Other - - - - - -   |
Other Comprehensive Income (Tab
Other Comprehensive Income (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Other Comprehensive Income [Abstract] | |
Schedule of Accumulated Other Comprehensive Income |      Balance at December 31, 2019 Net Change Balance at March 31, 2020  (in thousands)  Net unrealized gain on investment securities $ 522 $ 1,835 $ 2,357  Net defined benefit pension plan adjustments (3,105) 87 (3,018)  Total $ (2,583) $ 1,922 $ (661)   Balance at December 31, 2018 Net Change Balance at March 31, 2019  (in thousands)  Net unrealized (loss) gain on investment securities $ (2,348) $ 1,303 $ (1,045)  Net defined benefit pension plan adjustments (3,005) 67 (2,938)  Total $ (5,353) $ 1,370 $ (3,983)  |
Components Of Other Comprehensive Income |      Three months ended March 31, 2020 Three months ended March 31, 2019  (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 gain on investment  securities:  Unrealized gain on investment  securities $ 2,475 $ (640) $ 1,835 $ 1,761 $ (458) $ 1,303   Defined benefit pension plan  adjustments:  Reclassifications from accumulated other  comprehensive income for gains  Amortization of prior service cost (a) $ 8 $ (3) $ 5 $ 8 $ (2) $ 6  Amortization of actuarial loss (a) 113 (31) 82 83 (22) 61  Net change 121 (34) 87 91 (24) 67   Other comprehensive income $ 2,596 $ (674) $ 1,922 $ 1,852 $ (482) $ 1,370  (a) Included in net periodic pension cost, as described in Note 9 – “Net Periodic Benefit Costs” |
Segment Information (Tables)
Segment Information (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Segment Information [Abstract] | |
Schedule Of Business Segments |      Three months ended March 31, 2020  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 12,779 $ (3) $ 12,776  Provision for loan losses 2,999 - 2,999  Net interest income (expense) after  provision for loan losses 9,780 (3) 9,777  Insurance service and fees 113 2,312 2,425  Other non-interest income 913 - 913  Amortization expense - 130 130  Other non-interest expense 10,720 2,020 12,740  Income before income taxes 86 159 245  Income tax provision - 41 41  Net income $ 86 $ 118 $ 204        Three months ended March 31, 2019  Banking Insurance Agency  Activities Activities Total  (in thousands)   Net interest income (expense) $ 12,541 $ (33) $ 12,508  Provision for loan losses 538 - 538  Net interest income (expense) after  provision for loan losses 12,003 (33) 11,970  Insurance service and fees 119 2,323 2,442  Other non-interest income 1,753 - 1,753  Amortization expense - 112 112  Other non-interest expense 9,086 2,026 11,112  Income before income taxes 4,789 152 4,941  Income tax provision 1,181 40 1,221  Net income $ 3,608 $ 112 $ 3,720  |
Contingent Liabilities And Co_2
Contingent Liabilities And Commitments (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Contingent Liabilities And Commitments [Abstract] | |
Summary Of Commitments And Contingent Liabilities |    March 31, December 31,  2020 2019  (in thousands)   Commitments to extend credit $ 333,067 $ 331,974  Standby letters of credit 3,775 4,309  Total $ 336,842 $ 336,283  |
Net Periodic Benefit Costs (Tab
Net Periodic Benefit Costs (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Net Periodic Benefit Costs [Abstract] | |
Schedule Of Net Periodic Benefit Cost |       Three months ended March 31,  (in thousands)   Supplemental Executive  Pension Benefits Retirement Plan   2020 2019 2020 2019   Service cost $ - $ - $ 39 $ 36  Interest cost 50 55 38 50  Expected return on plan assets (81) (69) - -  Amortization of prior service cost - - 8 8  Amortization of the net loss 25 24 88 59  Net periodic cost (benefit) $ (6) $ 10 $ 173 $ 153  |
Revenue Recognition Of Non-In_3
Revenue Recognition Of Non-Interest Income (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Revenue Recognition Of Non-Interest Income [Abstract] | |
Schedule Of Disaggregation Of Insurance Service And Other Fees |    Three months ended March 31,  2020 2019  (in thousands)  Commercial property and casualty insurance commissions $ 867 $ 842  Personal property and casualty insurance commissions 754 750  Employee benefits sales commissions 379 293  Profit sharing and contingent revenue 206 257  Wealth management and other financial services 121 124  Insurance claims services revenue 55 146  Other insurance-related revenue 43 30  Total insurance service and other fees $ 2,425 $ 2,442  |
Leases (Tables)
Leases (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Leases [Abstract] | |
Schedule Of Future Minimum Lease Payments |    Year Ending December 31,  2020 (excluding the three months ended March 31, 2020) $ 562  2021 682  2022 694  2023 589  2024 452  Thereafter 1,640  Total future minimum lease payments 4,619  Less imputed interest 617  Total $ 4,002   |
Organization And Summary Of S_3
Organization And Summary Of Significant Accounting Policies (Narrative) (Details) - entity | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 16, 2020 | Mar. 03, 2020 | |
Number of subsidiaries | 2 | ||
Federal Funds Target Rate | 1.00% | 0.50% | |
Minimum [Member] | |||
Federal Funds Target Rate | 0.00% | ||
Maximum [Member] | |||
Federal Funds Target Rate | 0.25% |
Securities (Narrative) (Details
Securities (Narrative) (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |
Mar. 31, 2020 | Dec. 31, 2019 | |
Schedule of Available-for-sale Securities [Line Items] | ||
Available for sale securities pledged as collateral | $ 121,000 | $ 102,000 |
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 | Mar. 31, 2020 | Dec. 31, 2019 |
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | $ 156,011 | $ 127,217 |
Available for Sale, Unrealized Gains | 3,522 | 1,057 |
Available for Sale, Unrealized Losses | (342) | (352) |
Available for Sale, Fair Value | 159,191 | 127,922 |
Held to maturity, Amortized cost | 2,847 | 2,386 |
Held to Maturity, Unrealized Gains | 116 | 24 |
Held to Maturity, Unrealized Losses | (18) | |
Held to Maturity, Fair Value | 2,963 | 2,392 |
Debt Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 37,423 | 31,240 |
Available for Sale, Unrealized Gains | 826 | 294 |
Available for Sale, Unrealized Losses | (6) | (28) |
Available for Sale, Fair Value | 38,243 | 31,506 |
U.S. Government Agencies [Member] | Debt Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 34,137 | 27,951 |
Available for Sale, Unrealized Gains | 769 | 225 |
Available for Sale, Unrealized Losses | (21) | |
Available for Sale, Fair Value | 34,906 | 28,155 |
Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 118,588 | 95,977 |
Available for Sale, Unrealized Gains | 2,696 | 763 |
Available for Sale, Unrealized Losses | (336) | (324) |
Available for Sale, Fair Value | 120,948 | 96,416 |
Mortgage-Backed Securities [Member] | FNMA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 41,012 | 34,395 |
Available for Sale, Unrealized Gains | 1,338 | 330 |
Available for Sale, Unrealized Losses | (20) | (53) |
Available for Sale, Fair Value | 42,330 | 34,672 |
Mortgage-Backed Securities [Member] | FHLMC [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 14,441 | 15,390 |
Available for Sale, Unrealized Gains | 497 | 137 |
Available for Sale, Unrealized Losses | (13) | |
Available for Sale, Fair Value | 14,938 | 15,514 |
Mortgage-Backed Securities [Member] | GNMA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 3,180 | 3,421 |
Available for Sale, Unrealized Gains | 66 | 16 |
Available for Sale, Unrealized Losses | (1) | (24) |
Available for Sale, Fair Value | 3,245 | 3,413 |
Mortgage-Backed Securities [Member] | SBA [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 22,398 | 13,752 |
Available for Sale, Unrealized Gains | 171 | 90 |
Available for Sale, Unrealized Losses | (229) | (70) |
Available for Sale, Fair Value | 22,340 | 13,772 |
Mortgage-Backed Securities [Member] | CMO [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 37,557 | 29,019 |
Available for Sale, Unrealized Gains | 624 | 190 |
Available for Sale, Unrealized Losses | (86) | (164) |
Available for Sale, Fair Value | 38,095 | 29,045 |
States and Political Subdivisions [Member] | Debt Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Total securities designated as available for sale, Amortized Cost | 3,286 | 3,289 |
Available for Sale, Unrealized Gains | 57 | 69 |
Available for Sale, Unrealized Losses | (6) | (7) |
Available for Sale, Fair Value | 3,337 | 3,351 |
Held to maturity, Amortized cost | 2,847 | 2,386 |
Held to Maturity, Unrealized Gains | 116 | 24 |
Held to Maturity, Unrealized Losses | (18) | |
Held to Maturity, Fair Value | $ 2,963 | $ 2,392 |
Securities (Scheduled Maturitie
Securities (Scheduled Maturities Of Debt And Mortgage-Backed Securities) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Securities [Abstract] | ||
Debt securities available for sale, Due in one year or less, Amortized cost | $ 6,004 | $ 6,005 |
Debt securities available for sale, Due after one year through five years, Amortized cost | 4,636 | 6,481 |
Debt securities available for sale, Due after five years through ten years, Amortized cost | 23,283 | 18,754 |
Debt securities available for sale, Due after ten years, Amortized cost | 3,500 | |
Debt securities available for sale, Amortized cost | 37,423 | 31,240 |
Mortgage-backed securities available for sale, Amortized cost | 118,588 | 95,977 |
Total securities designated as available for sale, Amortized Cost | 156,011 | 127,217 |
Debt securities available for sale, Due in one year or less, Estimated fair value | 6,045 | 6,014 |
Debt securities available for sale, Due after one year through five years, Estimated fair value | 4,770 | 6,626 |
Debt securities available for sale, Due after five years through ten years, Estimated fair value | 23,907 | 18,866 |
Debt securities available for sale, Due after ten years, Estimated fair value | 3,521 | |
Debt securities available for sale, Estimated fair value | 38,243 | 31,506 |
Mortgage-backed securities available for sale, Estimated fair value | 120,948 | 96,416 |
Total securities available for sale, Estimated fair value | 159,191 | 127,922 |
Debt securities held to maturity, Due in one year or less, Amortized cost | 1,650 | 1,139 |
Debt securities held to maturity, Due after one year through five years, Amortized cost | 662 | 712 |
Debt securities held to maturity, Due after five years through ten years, Amortized cost | 54 | 54 |
Debt securities held to maturity, Due after ten years, Amortized cost | 481 | 481 |
Held to maturity, Amortized cost | 2,847 | 2,386 |
Debt securities held to maturity, Due in one year or less, Estimated fair value | 1,664 | 1,140 |
Debt securites held to maturity, Due after one year through five years, Estimated fair value | 706 | 732 |
Debt securites held to maturity, Due after five years through ten years, Estimated fair value | 58 | 54 |
Debt securities held to maturity, Due after ten years, Estimated fair value | 535 | 466 |
Held to maturity, Estimated fair value | $ 2,963 | $ 2,392 |
Securities (Unrealized Losses O
Securities (Unrealized Losses On Securities) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Schedule of Available-for-sale Securities [Line Items] | ||
Total temporarily impaired securities, Less than 12 months, Fair Value | $ 21,029 | $ 20,526 |
Total temporarily impaired securities, 12 months or longer, Fair Value | 1,209 | 20,896 |
Total temporarily impaired securities, Total, Fair Value | 22,238 | 41,422 |
Total temporarily impaired securities, Less than 12 months, Unrealized Losses | (333) | (185) |
Total temporarily impaired securities, 12 months or longer, Unrealized Losses | (9) | (185) |
Total temporarily impaired securities, Total, Unrealized Losses | (342) | (370) |
Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 21,029 | 18,323 |
Available for Sale, 12 months or longer, Fair Value | 1,028 | 14,553 |
Available for Sale, Total, Fair Value | 22,057 | 32,876 |
Available for Sale, Less than 12 months, Unrealized Losses | (333) | (166) |
Available for Sale, 12 months or longer, Unrealized Losses | (3) | (158) |
Available for Sale, Total, Unrealized Losses | (336) | (324) |
Debt Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 1,976 | |
Available for Sale, 12 months or longer, Fair Value | 181 | 4,178 |
Available for Sale, Total, Fair Value | 181 | 6,154 |
Available for Sale, Less than 12 months, Unrealized Losses | (18) | |
Available for Sale, 12 months or longer, Unrealized Losses | (6) | (10) |
Available for Sale, Total, Unrealized Losses | (6) | (28) |
Debt Securities [Member] | U.S. Government Agencies [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 1,976 | |
Available for Sale, 12 months or longer, Fair Value | 3,997 | |
Available for Sale, Total, Fair Value | 5,973 | |
Available for Sale, Less than 12 months, Unrealized Losses | (18) | |
Available for Sale, 12 months or longer, Unrealized Losses | (3) | |
Available for Sale, Total, Unrealized Losses | (21) | |
Debt Securities [Member] | States and Political Subdivisions [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, 12 months or longer, Fair Value | 181 | 181 |
Available for Sale, Total, Fair Value | 181 | 181 |
Available for Sale, 12 months or longer, Unrealized Losses | (6) | (7) |
Available for Sale, Total, Unrealized Losses | (6) | (7) |
Held To Maturity, Less than 12 months, Fair Value | 227 | |
Held To Maturity, 12 months or longer, Fair Value | 2,165 | |
Held To Maturity, Total, Fair Value | 2,392 | |
Held To Maturity, Less than 12 months, Unrealized Losses | (1) | |
Held To Maturity, 12 months or longer, Unrealized Losses | (17) | |
Held To Maturity, Total, Unrealized Losses | (18) | |
FNMA [Member] | Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 1,422 | 5,355 |
Available for Sale, 12 months or longer, Fair Value | 13 | 3,630 |
Available for Sale, Total, Fair Value | 1,435 | 8,985 |
Available for Sale, Less than 12 months, Unrealized Losses | (19) | (38) |
Available for Sale, 12 months or longer, Unrealized Losses | (1) | (15) |
Available for Sale, Total, Unrealized Losses | (20) | (53) |
FHLMC [Member] | Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, 12 months or longer, Fair Value | 1,242 | |
Available for Sale, Total, Fair Value | 1,242 | |
Available for Sale, 12 months or longer, Unrealized Losses | (13) | |
Available for Sale, Total, Unrealized Losses | (13) | |
GNMA [Member] | Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 85 | 2,091 |
Available for Sale, 12 months or longer, Fair Value | 770 | |
Available for Sale, Total, Fair Value | 85 | 2,861 |
Available for Sale, Less than 12 months, Unrealized Losses | (1) | (22) |
Available for Sale, 12 months or longer, Unrealized Losses | (2) | |
Available for Sale, Total, Unrealized Losses | (1) | (24) |
SBA [Member] | Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 11,962 | 5,171 |
Available for Sale, Total, Fair Value | 11,962 | 5,171 |
Available for Sale, Less than 12 months, Unrealized Losses | (229) | (70) |
Available for Sale, Total, Unrealized Losses | (229) | (70) |
CMO [Member] | Mortgage-Backed Securities [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Available for Sale, Less than 12 months, Fair Value | 7,560 | 5,706 |
Available for Sale, 12 months or longer, Fair Value | 1,015 | 8,911 |
Available for Sale, Total, Fair Value | 8,575 | 14,617 |
Available for Sale, Less than 12 months, Unrealized Losses | (84) | (36) |
Available for Sale, 12 months or longer, Unrealized Losses | (2) | (128) |
Available for Sale, Total, Unrealized Losses | $ (86) | $ (164) |
Fair Value Measurement (Narrati
Fair Value Measurement (Narrative) (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Dec. 31, 2019 | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Impaired loans, allowance for loan loss | $ 1,018 | $ 477 |
Consumer Loans [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Period past due for loan appraisals | 90 days | |
Nonrecurring [Member] | Impaired Loans [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Collateral dependent impaired loans, gross | $ 18,200 | 16,000 |
Impaired loans, allowance for loan loss | $ 900 | $ 300 |
Fair Value Measurement (Financi
Fair Value Measurement (Financial Instruments Measured At Fair Value On Recurring Basis) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | $ 159,191 | $ 127,922 |
Recurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Mortgage servicing rights | 485 | 555 |
Recurring [Member] | Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Mortgage servicing rights | 485 | 555 |
Recurring [Member] | U.S. Government Agencies [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 34,906 | 28,155 |
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 | 34,906 | 28,155 |
Recurring [Member] | States and Political Subdivisions [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 3,337 | 3,351 |
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 | 3,337 | 3,351 |
Recurring [Member] | Mortgage-Backed Securities [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Securities available-for-sale | 120,948 | 96,416 |
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 | $ 120,948 | $ 96,416 |
Fair Value Measurement (Summary
Fair Value Measurement (Summary Of Changes In Fair Value At Level 3, Mortgage Servicing Rights) (Details) - Mortgage Servicing Rights [Member] - Level 3 [Member] - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
Mortgage servicing rights, beginning | $ 555 | $ 609 |
Gains/(Losses) included in earnings | (103) | (40) |
Additions from loan sales | 33 | 18 |
Mortgage servicing rights, ending | $ 485 | $ 587 |
Fair Value Measurement (Quantit
Fair Value Measurement (Quantitative Information About Significant Unobservable Inputs For MSRs) (Details) - Mortgage Servicing Rights [Member] - Level 3 [Member] | Mar. 31, 2020 | Dec. 31, 2019 |
Servicing Fees [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Fair value measurement of unobservable input (as a percent) | 0.25 | 0.25 |
Discount Rate [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Fair value measurement of unobservable input (as a percent) | 9 | 9 |
Prepayment Rate (CPR) [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Fair value measurement of unobservable input (as a percent) | 8.75 | 8.21 |
Fair Value Measurement (Finan_2
Fair Value Measurement (Financial Instruments Measured At Fair Value On Nonrecurring Basis) (Details) - Nonrecurring [Member] - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Collateral dependent impaired loans | $ 17,263 | $ 15,735 |
Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Collateral dependent impaired loans | $ 17,263 | $ 15,735 |
Fair Value Measurement (Estimat
Fair Value Measurement (Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Available for sale securities | $ 159,191 | $ 127,922 |
Held to maturity securities | 2,963 | 2,392 |
Demand deposits | 273,623 | 263,717 |
NOW deposits | 159,223 | 140,654 |
Savings deposits | 625,773 | 587,142 |
Time deposits | 268,978 | 275,927 |
Carrying Amount [Member] | Level 1 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Cash and cash equivalents | 51,968 | 38,857 |
Demand deposits | 273,623 | 263,717 |
NOW deposits | 159,223 | 140,654 |
Savings deposits | 625,773 | 587,142 |
Carrying Amount [Member] | Level 2 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Available for sale securities | 159,191 | 127,922 |
FHLB and FRB stock | 3,549 | 3,544 |
Securities sold under agreement to repurchase | 2,572 | 2,425 |
Other borrowed funds | 10,000 | 10,000 |
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 | 2,847 | 2,386 |
Loans, net | 1,228,049 | 1,211,356 |
Mortgage servicing rights | 485 | 555 |
Time deposits | 268,978 | 275,927 |
Fair Value [Member] | Level 1 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Cash and cash equivalents | 51,968 | 38,857 |
Demand deposits | 273,623 | 263,717 |
NOW deposits | 159,223 | 140,654 |
Savings deposits | 625,773 | 587,142 |
Fair Value [Member] | Level 2 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Available for sale securities | 159,191 | 127,922 |
FHLB and FRB stock | ||
Securities sold under agreement to repurchase | 2,572 | 2,425 |
Other borrowed funds | 10,002 | 9,997 |
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 | 2,963 | 2,392 |
Loans, net | 1,258,020 | 1,222,386 |
Mortgage servicing rights | 485 | 555 |
Time deposits | $ 271,259 | $ 277,051 |
Loans And The Allowance For L_3
Loans And The Allowance For Loan Losses (Narrative) (Details) - USD ($) | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Net deferred loan origination costs | $ 1,425,000 | $ 1,700,000 | $ 1,534,000 |
Period of timely payments before reversion to accruing status | 6 months | ||
Loan commitments to lend additional funds to debtors | $ 0 | ||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Mortgages [Member] | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Loan servicing portfolio principal balance | 78,000,000 | 76,000,000 | |
Mortgage servicing rights | 500,000 | 600,000 | |
Mortgage loans held-for-sale | 0 | $ 700,000 | |
Total Real Estate Loans [Member] | Residential Mortgages [Member] | FNMA Loans [Member] | Mortgages [Member] | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Mortgage loans sold to FNMA | $ 3,700,000 | $ 2,000,000 |
Loans And The Allowance For L_4
Loans And The Allowance For Loan Losses (Schedule Of Loan Portfolio Composition) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | $ 1,244,781 | $ 1,224,997 | $ 1,183,769 | |||
Net deferred loan origination costs | 1,425 | 1,534 | 1,700 | |||
Total gross loans | 1,246,206 | 1,226,531 | ||||
Allowance for loan losses | (18,157) | (15,175) | ||||
Loans, net | 1,228,049 | 1,211,356 | ||||
Commercial And Industrial [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 256,157 | 251,197 | ||||
Consumer And Other Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 1,223 | 1,926 | 1,438 | |||
Total Real Estate Loans [Member] | Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 987,401 | 971,874 | ||||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | [1] | 156,423 | 161,193 | |||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 156,125 | 158,572 | ||||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Construction [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 298 | 1,067 | ||||
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 763,349 | [1] | 742,884 | 709,852 | [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 | 666,651 | 645,036 | ||||
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 | 96,698 | 97,848 | ||||
Total Real Estate Loans [Member] | Home Equities [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 67,629 | 69,351 | 69,777 | |||
Total Real Estate Loans [Member] | Home Equities [Member] | Mortgages [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | 67,629 | $ 69,351 | ||||
Total Real Estate Loans [Member] | Commercial And Industrial [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Loans before deferred loan origination costs | $ 256,157 | $ 241,509 | ||||
[1] | Includes construction loans |
Loans And The Allowance For L_5
Loans And The Allowance For Loan Losses (Data, At Class Level, Of Credit Quality Indicators Of Certain Loans) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | ||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | $ 1,244,781 | $ 1,224,997 | $ 1,183,769 | ||
Total Real Estate Loans [Member] | Mortgages [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 987,401 | 971,874 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 763,349 | [1] | 742,884 | 709,852 | [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 | 550,495 | 524,943 | |||
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 | 178,299 | 184,657 | |||
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 | 19,157 | 24,084 | |||
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 | 15,398 | 9,200 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 96,698 | 97,848 | |||
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 | 73,866 | 73,646 | |||
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 | 12,493 | 13,380 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Construction [Member] | Corporate Credit Exposure—By Credit Rating, Special Mention [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 8,133 | 8,359 | |||
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 | 2,206 | 2,463 | |||
Commercial Real Estate Mortgages [Member] | Total Real Estate Loans [Member] | Mortgages [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 666,651 | 645,036 | |||
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 | 476,629 | 451,297 | |||
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 | 165,806 | 171,277 | |||
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 | 11,024 | 15,725 | |||
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 | 13,192 | 6,737 | |||
Commercial And Industrial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 256,157 | 251,197 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Acceptable Or Better [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 184,214 | 165,255 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Watch [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 50,615 | 68,665 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Special Mention [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 11,836 | 7,631 | |||
Commercial And Industrial [Member] | Corporate Credit Exposure—By Credit Rating, Substandard [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | 9,492 | $ 9,646 | |||
Commercial And Industrial [Member] | Total Real Estate Loans [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total gross loans | $ 256,157 | $ 241,509 | |||
[1] | Includes construction loans |
Loans And The Allowance For L_6
Loans And The Allowance For Loan Losses (Recorded Investment In Loans Past Due) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | |||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | $ 1,208,956 | $ 1,192,611 | ||||
Non-accruing Loans | 16,714 | 14,396 | ||||
Total Balance | 1,244,781 | 1,224,997 | $ 1,183,769 | |||
Net deferred loan origination costs | 1,425 | 1,534 | 1,700 | |||
30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 16,468 | 10,058 | ||||
60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 2,640 | 7,932 | ||||
90+ Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 3 | |||||
Commercial And Industrial [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 245,230 | 245,658 | ||||
Non-accruing Loans | 7,220 | 4,834 | ||||
Total Balance | 256,157 | 251,197 | ||||
Commercial And Industrial [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 1,094 | 705 | ||||
Commercial And Industrial [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 2,613 | |||||
Consumer And Other Loans [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 1,206 | 1,907 | ||||
Total Balance | 1,223 | 1,926 | 1,438 | |||
Consumer And Other Loans [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 11 | 15 | ||||
Consumer And Other Loans [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 3 | 4 | ||||
Consumer And Other Loans [Member] | 90+ Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 3 | |||||
Total Real Estate Loans [Member] | Commercial And Industrial [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 256,157 | 241,509 | ||||
Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | [1] | 156,423 | 161,193 | |||
Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 763,349 | [1] | 742,884 | 709,852 | [1] | |
Total Real Estate Loans [Member] | Home Equities [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 66,552 | 67,868 | ||||
Non-accruing Loans | 751 | 890 | ||||
Total Balance | 67,629 | 69,351 | $ 69,777 | |||
Total Real Estate Loans [Member] | Home Equities [Member] | 30-59 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 302 | 354 | ||||
Total Real Estate Loans [Member] | Home Equities [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 24 | 239 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 987,401 | 971,874 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 151,557 | 153,630 | ||||
Non-accruing Loans | 1,408 | 1,438 | ||||
Total Balance | 156,125 | 158,572 | ||||
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 | 3,160 | 2,616 | ||||
Mortgages [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 888 | |||||
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 650,625 | 630,016 | ||||
Non-accruing Loans | 6,017 | 5,659 | ||||
Total Balance | 666,651 | 645,036 | ||||
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 | 10,009 | 3,482 | ||||
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 | 5,879 | |||||
Mortgages [Member] | Total Real Estate Loans [Member] | Home Equities [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Balance | 67,629 | 69,351 | ||||
Construction [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 298 | 865 | ||||
Total Balance | 298 | 1,067 | ||||
Construction [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | 60-89 Days [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Total Past Due | 202 | |||||
Construction [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ||||||
Current Balance | 93,488 | 92,667 | ||||
Non-accruing Loans | 1,318 | 1,575 | ||||
Total Balance | 96,698 | 97,848 | ||||
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 | $ 1,892 | 2,886 | ||||
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 | $ 720 | |||||
[1] | Includes construction loans |
Loans And The Allowance For L_7
Loans And The Allowance For Loan Losses (Schedule Of Allowance For Loan Losses According To Portfolio Segment) (Details) - USD ($) $ in Thousands | 3 Months Ended | |||||||
Mar. 31, 2020 | Mar. 31, 2019 | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||
Allowance for loan losses: Beginning balance | $ 15,175 | $ 14,784 | ||||||
Allowance for loan losses: Charge-offs | (65) | (144) | ||||||
Allowance for loan losses: Recoveries | 48 | 29 | ||||||
Allowance for loan losses: Provision(Credit) for loan losses | 2,999 | 538 | ||||||
Allowance for loan losses: Ending balance | 18,157 | 15,207 | ||||||
Allowance for loan losses: Individually evaluated for impairment | $ 1,018 | $ 1,170 | ||||||
Allowance for loan losses: Collectively evaluated for impairment | 17,139 | 14,037 | ||||||
Allowance for loan losses: Total | 18,157 | 15,207 | 18,157 | $ 15,175 | 15,207 | |||
Loans: Individually evaluated for impairment | 19,171 | 24,475 | ||||||
Loans: Collectively evaluated for impairment | 1,225,610 | 1,159,294 | ||||||
Total | 1,244,781 | 1,224,997 | 1,183,769 | |||||
Net deferred loan origination costs | 1,425 | 1,534 | 1,700 | |||||
Commercial And Industrial [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||
Total | 256,157 | 251,197 | ||||||
Commercial And Industrial [Member] | Total Real Estate Loans [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||
Allowance for loan losses: Beginning balance | 4,547 | 4,368 | ||||||
Allowance for loan losses: Charge-offs | (17) | (121) | ||||||
Allowance for loan losses: Recoveries | 32 | 22 | ||||||
Allowance for loan losses: Provision(Credit) for loan losses | 1,013 | 485 | ||||||
Allowance for loan losses: Ending balance | 5,575 | 4,754 | ||||||
Allowance for loan losses: Individually evaluated for impairment | 1,012 | 499 | ||||||
Allowance for loan losses: Collectively evaluated for impairment | 4,563 | 4,255 | ||||||
Allowance for loan losses: Total | 5,575 | 4,754 | 5,575 | 4,547 | 4,754 | |||
Loans: Individually evaluated for impairment | 7,456 | 4,293 | ||||||
Loans: Collectively evaluated for impairment | 248,701 | 237,216 | ||||||
Total | 256,157 | 241,509 | ||||||
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] | 9,005 | 8,844 | |||||
Allowance for loan losses: Charge-offs | [1] | |||||||
Allowance for loan losses: Recoveries | [1] | |||||||
Allowance for loan losses: Provision(Credit) for loan losses | [1] | 1,583 | 205 | |||||
Allowance for loan losses: Ending balance | [1] | 10,588 | 9,049 | |||||
Allowance for loan losses: Individually evaluated for impairment | [1] | 6 | 579 | |||||
Allowance for loan losses: Collectively evaluated for impairment | [1] | 10,582 | 8,470 | |||||
Allowance for loan losses: Total | [1] | 10,588 | 9,049 | 10,588 | 9,005 | 9,049 | ||
Loans: Individually evaluated for impairment | [1] | 7,872 | 15,536 | |||||
Loans: Collectively evaluated for impairment | [1] | 755,477 | 694,316 | |||||
Total | 763,349 | [1] | 742,884 | 709,852 | [1] | |||
Consumer And Other Loans [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||
Allowance for loan losses: Beginning balance | 155 | 106 | ||||||
Allowance for loan losses: Charge-offs | (15) | (23) | ||||||
Allowance for loan losses: Recoveries | 16 | 7 | ||||||
Allowance for loan losses: Provision(Credit) for loan losses | (65) | 21 | ||||||
Allowance for loan losses: Ending balance | 91 | 111 | ||||||
Allowance for loan losses: Individually evaluated for impairment | 22 | |||||||
Allowance for loan losses: Collectively evaluated for impairment | 91 | 89 | ||||||
Allowance for loan losses: Total | 91 | 111 | 91 | 155 | 111 | |||
Loans: Individually evaluated for impairment | 22 | |||||||
Loans: Collectively evaluated for impairment | 1,223 | 1,416 | ||||||
Total | 1,223 | 1,926 | 1,438 | |||||
Residential Mortgages [Member] | Total Real Estate Loans [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||
Allowance for loan losses: Beginning balance | [1] | 1,071 | 1,121 | |||||
Allowance for loan losses: Charge-offs | [1] | (29) | ||||||
Allowance for loan losses: Recoveries | [1] | |||||||
Allowance for loan losses: Provision(Credit) for loan losses | [1] | 376 | (168) | |||||
Allowance for loan losses: Ending balance | [1] | 1,418 | 953 | |||||
Allowance for loan losses: Individually evaluated for impairment | [1] | 70 | ||||||
Allowance for loan losses: Collectively evaluated for impairment | [1] | 1,418 | 883 | |||||
Allowance for loan losses: Total | [1] | 1,418 | 953 | 1,418 | 1,071 | 953 | ||
Loans: Individually evaluated for impairment | [1] | 2,591 | 2,963 | |||||
Loans: Collectively evaluated for impairment | [1] | 153,832 | 158,230 | |||||
Total | [1] | 156,423 | 161,193 | |||||
Home Equities [Member] | Total Real Estate Loans [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||||||
Allowance for loan losses: Beginning balance | 397 | 345 | ||||||
Allowance for loan losses: Charge-offs | (4) | |||||||
Allowance for loan losses: Recoveries | ||||||||
Allowance for loan losses: Provision(Credit) for loan losses | 92 | (5) | ||||||
Allowance for loan losses: Ending balance | 485 | 340 | ||||||
Allowance for loan losses: Individually evaluated for impairment | ||||||||
Allowance for loan losses: Collectively evaluated for impairment | 485 | 340 | ||||||
Allowance for loan losses: Total | $ 485 | $ 340 | 485 | 397 | 340 | |||
Loans: Individually evaluated for impairment | 1,252 | 1,661 | ||||||
Loans: Collectively evaluated for impairment | 66,377 | 68,116 | ||||||
Total | $ 67,629 | $ 69,351 | $ 69,777 | |||||
[1] | Includes construction loans |
Loans And The Allowance For L_8
Loans And The Allowance For Loan Losses (Data, At Class Level, Of Impaired Loans) (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |
Mar. 31, 2020 | Dec. 31, 2019 | |
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | $ 13,289 | $ 15,349 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 5,882 | 3,278 |
Impaired Loans, Recorded Investment, Total | 19,171 | 18,627 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 14,650 | 16,675 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 5,968 | 3,336 |
Impaired Loans, Unpaid Principal Balance, Total | 20,618 | 20,011 |
Impaired Loans, Related Allowance | 1,018 | 477 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 13,889 | 16,031 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 5,953 | 3,286 |
Impaired Loans, Average Recorded Investment, Total | 19,842 | 19,317 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 138 | 503 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 82 | 128 |
Impaired Loans, Interest Income Foregone, Total | 220 | 631 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 45 | 358 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 2 | 78 |
Impaired Loans, Interest Income Recognized, Total | 47 | 436 |
Commercial And Industrial [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 2,008 | 3,798 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 5,448 | 2,760 |
Impaired Loans, Recorded Investment, Total | 7,456 | 6,558 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 2,322 | 4,112 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 5,525 | 2,808 |
Impaired Loans, Unpaid Principal Balance, Total | 7,847 | 6,920 |
Impaired Loans, Related Allowance | 1,012 | 442 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 2,223 | 4,046 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 5,516 | 2,764 |
Impaired Loans, Average Recorded Investment, Total | 7,739 | 6,810 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 30 | 118 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 76 | 109 |
Impaired Loans, Interest Income Foregone, Total | 106 | 227 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 1 | 143 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 2 | 63 |
Impaired Loans, Interest Income Recognized, Total | 3 | 206 |
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 | 21 | |
Impaired Loans, Recorded Investment, Total | 21 | |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | ||
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 23 | |
Impaired Loans, Unpaid Principal Balance, Total | 23 | |
Impaired Loans, Related Allowance | 21 | |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | ||
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 22 | |
Impaired Loans, Average Recorded Investment, Total | 22 | |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | ||
Impaired Loans, Interest Income Recognized, With no related allowance recorded | ||
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 1 | |
Impaired Loans, Interest Income Recognized, Total | 1 | |
Total Real Estate Loans [Member] | Residential Mortgages [Member] | Mortgages [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 2,591 | 2,744 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 60 | |
Impaired Loans, Recorded Investment, Total | 2,591 | 2,804 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 2,870 | 3,003 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 62 | |
Impaired Loans, Unpaid Principal Balance, Total | 2,870 | 3,065 |
Impaired Loans, Related Allowance | 5 | |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 2,672 | 2,823 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 61 | |
Impaired Loans, Average Recorded Investment, Total | 2,672 | 2,884 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 17 | 73 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 3 | |
Impaired Loans, Interest Income Foregone, Total | 17 | 76 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 16 | 63 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 1 | |
Impaired Loans, Interest Income Recognized, Total | 16 | 64 |
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 | 6,120 | 6,019 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 434 | 197 |
Impaired Loans, Recorded Investment, Total | 6,554 | 6,216 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 6,643 | 6,521 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 443 | 197 |
Impaired Loans, Unpaid Principal Balance, Total | 7,086 | 6,718 |
Impaired Loans, Related Allowance | 6 | 4 |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 6,358 | 6,293 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 437 | 197 |
Impaired Loans, Average Recorded Investment, Total | 6,795 | 6,490 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 64 | 225 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 6 | 8 |
Impaired Loans, Interest Income Foregone, Total | 70 | 233 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 22 | 72 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 4 | |
Impaired Loans, Interest Income Recognized, Total | 22 | 76 |
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 | 1,318 | 1,335 |
Impaired Loans, Recorded Investment, With a related allowance recorded | 240 | |
Impaired Loans, Recorded Investment, Total | 1,318 | 1,575 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 1,352 | 1,352 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | 246 | |
Impaired Loans, Unpaid Principal Balance, Total | 1,352 | 1,598 |
Impaired Loans, Related Allowance | 5 | |
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 1,335 | 1,344 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | 242 | |
Impaired Loans, Average Recorded Investment, Total | 1,335 | 1,586 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 15 | 23 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | 8 | |
Impaired Loans, Interest Income Foregone, Total | 15 | 31 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 50 | |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | 9 | |
Impaired Loans, Interest Income Recognized, Total | 59 | |
Total Real Estate Loans [Member] | Home Equities [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Impaired Loans, Recorded Investment, With no related allowance recorded | 1,252 | 1,453 |
Impaired Loans, Recorded Investment, With a related allowance recorded | ||
Impaired Loans, Recorded Investment, Total | 1,252 | 1,453 |
Impaired Loans, Unpaid Principal Balance, With no related allowance recorded | 1,463 | 1,687 |
Impaired Loans, Unpaid Principal Balance, With a related allowance recorded | ||
Impaired Loans, Unpaid Principal Balance, Total | 1,463 | 1,687 |
Impaired Loans, Related Allowance | ||
Impaired Loans, Average Recorded Investment, With no related allowance recorded | 1,301 | 1,525 |
Impaired Loans, Average Recorded Investment, With a related allowance recorded | ||
Impaired Loans, Average Recorded Investment, Total | 1,301 | 1,525 |
Impaired Loans, Interest Income Foregone, With no related allowance recorded | 12 | 64 |
Impaired Loans, Interest Income Foregone, With a related allowance recorded | ||
Impaired Loans, Interest Income Foregone, Total | 12 | 64 |
Impaired Loans, Interest Income Recognized, With no related allowance recorded | 6 | 30 |
Impaired Loans, Interest Income Recognized, With a related allowance recorded | ||
Impaired Loans, Interest Income Recognized, Total | $ 6 | $ 30 |
Loans And The Allowance For L_9
Loans And The Allowance For Loan Losses (Loans Classified As Troubled Debt Restructurings) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Financing Receivable, Modifications [Line Items] | ||
Total | $ 7,946 | $ 8,258 |
Related Allowance | 396 | 47 |
Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 2,017 | 2,052 |
Related Allowance | 396 | 26 |
Consumer And Other Loans [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 21 | |
Related Allowance | 21 | |
Nonaccruing [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 5,489 | 4,027 |
Nonaccruing [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 1,781 | 328 |
Nonaccruing [Member] | Consumer And Other Loans [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | ||
Accruing [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 2,457 | 4,231 |
Accruing [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 236 | 1,724 |
Accruing [Member] | Consumer And Other Loans [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 21 | |
Total Real Estate Loans [Member] | Home Equities [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 671 | 738 |
Related Allowance | ||
Total Real Estate Loans [Member] | Nonaccruing [Member] | Home Equities [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 170 | 175 |
Total Real Estate Loans [Member] | Accruing [Member] | Home Equities [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 501 | 563 |
Mortgages [Member] | Total Real Estate Loans [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 1,681 | 1,815 |
Related Allowance | ||
Mortgages [Member] | Total Real Estate Loans [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 3,577 | 3,632 |
Related Allowance | ||
Mortgages [Member] | Total Real Estate Loans [Member] | Nonaccruing [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 498 | 449 |
Mortgages [Member] | Total Real Estate Loans [Member] | Nonaccruing [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 3,040 | 3,075 |
Mortgages [Member] | Total Real Estate Loans [Member] | Accruing [Member] | Residential Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 1,183 | 1,366 |
Mortgages [Member] | Total Real Estate Loans [Member] | Accruing [Member] | Commercial Real Estate Mortgages [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Total | 537 | 557 |
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 | ||
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 |
Loans And The Allowance For _10
Loans And The Allowance For Loan Losses (TDR Activity By Type Of Concession Granted To Borrower) (Details) - Total Real Estate Loans [Member] $ in Thousands | 3 Months Ended | |
Mar. 31, 2020USD ($)contract | Mar. 31, 2019USD ($)contract | |
Residential Mortgages [Member] | Combination Of Concessions [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Number of Contracts | contract | 1 | |
Pre-Modification Outstanding Recorded Investment | $ 56 | |
Post-Modification Outstanding Recorded Investment | $ 56 | |
Home Equities [Member] | Extension Of Maturity And Interest Rate Reduction [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Number of Contracts | contract | 1 | |
Pre-Modification Outstanding Recorded Investment | $ 109 | |
Post-Modification Outstanding Recorded Investment | $ 109 |
Common Equity And Earnings Pe_2
Common Equity And Earnings Per Share Data (Narrative) (Details) - shares | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Common Equity And Earnings Per Share Data [Abstract] | ||
Weighted average number of shares outstanding, dilutive | 55,267 | 76,636 |
Potentially anti-dilutive shares outstanding | 81,770 | 46,220 |
Other Comprehensive Income (Sch
Other Comprehensive Income (Schedule Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | $ (2,583) | $ (5,353) |
Net Change | 1,922 | 1,370 |
Ending Balance | (661) | (3,983) |
Net Unrealized (Loss) Gain On Investment Securities [Member] | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | 522 | (2,348) |
Net Change | 1,835 | 1,303 |
Ending Balance | 2,357 | (1,045) |
Net Defined Benefit Pension Plan Adjustments [Member] | ||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||
Beginning Balance | (3,105) | (3,005) |
Net Change | 87 | 67 |
Ending Balance | $ (3,018) | $ (2,938) |
Other Comprehensive Income (Com
Other Comprehensive Income (Components Of Other Comprehensive Income) (Details) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | ||
Unrealized gain on investment securities: | |||
Unrealized gain on investment securities, Before-Tax Amount | $ 2,475 | $ 1,761 | |
Unrealized gain on investment securities, Income Tax (Provision) Benefit | (640) | (458) | |
Unrealized gain on investment securities, Net-of-Tax Amount | 1,835 | 1,303 | |
Defined benefit pension plan adjustments: | |||
Amortization of prior service cost, Before-Tax Amount | [1] | 8 | 8 |
Amortization of prior service cost, Income Tax (Provision) Benefit | [1] | (3) | (2) |
Amortization of prior service cost, Net-of-Tax Amount | [1] | 5 | 6 |
Amortization of actuarial loss, Before-Tax Amount | [1] | 113 | 83 |
Amortization of actuarial loss, Income Tax (Provision) Benefit | [1] | (31) | (22) |
Amortization of actuarial loss, Net-of-Tax Amount | [1] | 82 | 61 |
Net change, Before-Tax Amount | 121 | 91 | |
Net change, Income Tax (Provision) Benefit | (34) | (24) | |
Net change, Net-of-Tax Amount | 87 | 67 | |
Other comprehensive income, Before-Tax Amount | 2,596 | 1,852 | |
Other comprehensive income, Income Tax (Provision) Benefit | (674) | (482) | |
OTHER COMPREHENSIVE INCOME, NET OF TAX | $ 1,922 | $ 1,370 | |
[1] | 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 | |
Mar. 31, 2020USD ($)segment | Mar. 31, 2019USD ($) | |
Number of primary business segments | segment | 2 | |
Net interest income (expense) | $ 12,776 | $ 12,508 |
Provision for loan losses | 2,999 | 538 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 9,777 | 11,970 |
Insurance service and fees | 2,425 | 2,442 |
Other non-interest income | 3,338 | 4,195 |
Amortization expense | 130 | 112 |
Other non-interest expense | 12,870 | 11,224 |
INCOME BEFORE INCOME TAXES | 245 | 4,941 |
Income tax provision | 41 | 1,221 |
NET INCOME | 204 | 3,720 |
Operating Segments [Member] | ||
Net interest income (expense) | 12,776 | 12,508 |
Provision for loan losses | 2,999 | 538 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 9,777 | 11,970 |
Insurance service and fees | 2,425 | 2,442 |
Other non-interest income | 913 | 1,753 |
Amortization expense | 130 | 112 |
Other non-interest expense | 12,740 | 11,112 |
INCOME BEFORE INCOME TAXES | 245 | 4,941 |
Income tax provision | 41 | 1,221 |
NET INCOME | 204 | 3,720 |
Banking Activities [Member] | Operating Segments [Member] | ||
Net interest income (expense) | 12,779 | 12,541 |
Provision for loan losses | 2,999 | 538 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 9,780 | 12,003 |
Insurance service and fees | 113 | 119 |
Other non-interest income | 913 | 1,753 |
Other non-interest expense | 10,720 | 9,086 |
INCOME BEFORE INCOME TAXES | 86 | 4,789 |
Income tax provision | 1,181 | |
NET INCOME | 86 | 3,608 |
Insurance Agency Activities [Member] | Operating Segments [Member] | ||
Net interest income (expense) | (3) | (33) |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | (3) | (33) |
Insurance service and fees | 2,312 | 2,323 |
Amortization expense | 130 | 112 |
Other non-interest expense | 2,020 | 2,026 |
INCOME BEFORE INCOME TAXES | 159 | 152 |
Income tax provision | 41 | 40 |
NET INCOME | $ 118 | $ 112 |
Contingent Liabilities And Co_3
Contingent Liabilities And Commitments (Summary Of Commitments And Contingent Liabilities) (Details) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | |
Loss Contingencies [Line Items] | |||
Commitments and contingent liabilities | $ 336,842 | $ 336,283 | |
Losses on commitments | 0 | $ 0 | |
Reserve for commitments | 0 | $ 0 | |
Commitments To Extend Credit [Member] | |||
Loss Contingencies [Line Items] | |||
Commitments and contingent liabilities | 333,067 | 331,974 | |
Standby Letters Of Credit [Member] | |||
Loss Contingencies [Line Items] | |||
Commitments and contingent liabilities | $ 3,775 | $ 4,309 |
Net Periodic Benefit Costs (Sch
Net Periodic Benefit Costs (Schedule Of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Pension Benefits [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Interest cost | $ 50 | $ 55 |
Expected return on plan assets | (81) | (69) |
Amortization of the net loss | 25 | 24 |
Net periodic cost (benefit) | (6) | 10 |
Supplemental Executive Retirement Plan [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Service cost | 39 | 36 |
Interest cost | 38 | 50 |
Amortization of prior service cost | 8 | 8 |
Amortization of the net loss | 88 | 59 |
Net periodic cost (benefit) | $ 173 | $ 153 |
Revenue Recognition Of Non-In_4
Revenue Recognition Of Non-Interest Income (Schedule Of Disaggregation Of Insurance Service And Other Fees) (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | $ 2,425 | $ 2,442 |
Commercial Property And Casualty Insurance Commissions [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | 867 | 842 |
Personal Property And Casualty Insurance Commissions [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | 754 | 750 |
Employee Benefits Sales Commissions [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | 379 | 293 |
Profit Sharing And Contingent Revenue [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | 206 | 257 |
Wealth Management And Other Financial Services [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | 121 | 124 |
Insurance Claims Services Revenue [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | 55 | 146 |
Other Insurance-Related Revenue [Member] | ||
Disaggregation of Revenue [Line Items] | ||
Total insurance service and other fees | $ 43 | $ 30 |
Acquisitions (Narrative) (Detai
Acquisitions (Narrative) (Details) - USD ($) $ in Thousands | May 01, 2020 | Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 |
Business Acquisition [Line Items] | ||||
Assets | $ 1,524,811 | $ 1,460,230 | ||
Liabilities | 1,376,715 | 1,311,777 | ||
Deposits | 1,327,597 | 1,267,440 | ||
Merger-related expenses | $ 500 | $ 0 | ||
Subsequent Event [Member] | ||||
Business Acquisition [Line Items] | ||||
Total consideration | $ 17,100 | |||
FSB Bancorp, Inc [Member] | ||||
Business Acquisition [Line Items] | ||||
Assets | 323,000 | |||
Loans | 275,000 | |||
Investment securities | 23,000 | |||
Liabilities | 292,000 | |||
Deposits | $ 236,000 | |||
Evans Common Stock [Member] | Subsequent Event [Member] | ||||
Business Acquisition [Line Items] | ||||
Shares of common stock | 422,625 |
Leases (Narrative) (Details)
Leases (Narrative) (Details) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | |
Leases [Abstract] | |||
Leases, right-of-use assets | $ 3,577 | $ 3,720 | |
Leases, liabilities | 4,002 | $ 4,154 | |
Operating lease expenses | 200 | $ 200 | |
Payments to lease liabilities | $ 200 | $ 200 | |
Leases, weighted average discount rate | 3.50% | ||
Leases, weighted average remaining lease term | 8 years 4 months 24 days |
Leases (Schedule Of Future Mini
Leases (Schedule Of Future Minimum Lease Payments) (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
Leases [Abstract] | ||
2020 (excluding the three months ended March 31, 2020) | $ 562 | |
2021 | 682 | |
2022 | 694 | |
2023 | 589 | |
2024 | 452 | |
Thereafter | 1,640 | |
Total future minimum lease payments | 4,619 | |
Less imputed interest | 617 | |
Total | $ 4,002 | $ 4,154 |