Lake Sunapee Bank (LSBG) 10-Q 9 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 01, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	LSBG
Entity Registrant Name	Lake Sunapee Bank Group
Entity Central Index Key	846,931
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		8,388,116

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 19,630	$ 16,426
Interest-bearing deposit with the Federal Reserve Bank	34,999	26,140
Cash and cash equivalents	54,629	42,566
Securities available-for-sale	157,424	120,198
Federal Home Loan Bank stock	13,713	9,963
Loans held-for-sale	3,573	2,188
Loans receivable, net of allowance for loan losses of $8.8 million as of June 30, 2016 and $8.9 million as of December 31, 2015	1,233,871	1,217,461
Accrued interest receivable	3,799	2,431
Bank premises and equipment, net	24,674	24,421
Investments in real estate	3,331	3,392
Other real estate owned	335	904
Goodwill	44,576	44,576
Other intangible assets	7,135	7,822
Bank-owned life insurance	31,288	30,833
Other assets	12,316	11,019
Total assets	1,590,664	1,517,774
Deposits:
Noninterest-bearing	141,176	127,428
Interest-bearing	1,007,158	1,029,924
Total deposits	1,148,334	1,157,352
Federal Home Loan Bank advances	226,178	150,000
Securities sold under agreements to repurchase	20,540	17,957
Subordinated debentures	36,910	36,873
Accrued expenses and other liabilities	17,327	18,884
Total liabilities	1,449,289	1,381,066
STOCKHOLDERS' EQUITY
Common stock, $.01 par value per share: 30,000,000 shares authorized, 8,821,025 shares issued and 8,385,278 shares outstanding as of June 30, 2016, and 30,000,000 shares authorized, 8,811,170 shares issued and 8,376,841 shares outstanding as of December 31, 2015	88	88
Paid-in capital	80,387	80,252
Retained earnings	70,835	68,344
Unearned restricted stock awards	(1,031)	(1,375)
Accumulated other comprehensive loss	(2,129)	(3,850)
Treasury stock, 435,747 shares as of June 30, 2016 and 434,329 shares as of December 31, 2015, at cost	(6,775)	(6,751)
Total stockholders' equity	141,375	136,708
Total liabilities and stockholders' equity	$ 1,590,664	$ 1,517,774

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Loans receivable, allowance	$ 8,765	$ 8,905
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	8,821,025	8,811,170
Common stock, shares outstanding	8,385,278	8,376,841
Treasury stock, shares	435,747	434,329

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest and dividend income
Interest and fees on loans	$ 11,872	$ 11,481	$ 23,398	$ 23,071
Interest on debt securities:
Taxable	753	258	1,459	571
Tax-exempt	137	85	219	172
Dividends	104	47	189	95
Other	22	12	45	30
Total interest and dividend income	12,888	11,883	25,310	23,939
Interest expense
Interest on deposits	918	991	1,849	2,057
Interest on advances and other borrowed money	530	244	956	526
Interest on debentures	484	465	961	926
Interest on securities sold under agreements to repurchase	26	17	51	32
Total interest expense	1,958	1,717	3,817	3,541
Net interest and dividend income	10,930	10,166	21,493	20,398
Provision for loan losses	121	215	232	419
Net interest and dividend income after provision for loan losses	10,809	9,951	21,261	19,979
Noninterest income
Customer service fees	1,453	1,454	2,869	2,828
Gain on sales and calls of securities, net	1,201	1	1,201	373
Mortgage banking activities	236	683	348	810
Net loss on sales and writedowns of other real estate and property owned	(27)		(42)	(3)
Net gain on sales and disposals of premises and equipment		3		3
Rental income	170	168	337	337
Trust and investment management fee income	2,115	2,202	4,166	4,246
Insurance and brokerage service income	370	296	907	819
Bank-owned life insurance income	218	152	437	298
Other income	2	85	94	89
Total noninterest income	5,738	5,044	10,317	9,800
Noninterest expense
Salaries and employee benefits	6,115	5,975	12,336	12,010
Occupancy and equipment	1,466	1,533	2,968	3,214
Advertising and promotion	298	271	440	440
Depositors' insurance	234	236	470	474
Outside services	695	591	1,328	1,183
Professional services	307	377	602	659
ATM processing fees	231	231	419	419
Supplies	150	163	298	273
Telephone	273	271	544	540
Merger related	754		754
Amortization of intangible assets	341	386	687	776
Other expenses	2,176	1,464	3,735	2,923
Total noninterest expense	13,040	11,498	24,581	22,911
Income before provision for income taxes	3,507	3,497	6,997	6,868
Provision for income taxes	1,139	1,079	2,160	2,147
Net income	2,368	2,418	4,837	4,721
Net income applicable to common stock	$ 2,343	$ 2,398	$ 4,785	$ 4,681
Earnings per common share, basic	$ 0.28	$ 0.29	$ 0.58	$ 0.57
Weighted average number of shares, basic	8,298,504	8,285,521	8,292,397	8,273,519
Earnings per common share, assuming dilution	$ 0.28	$ 0.29	$ 0.58	$ 0.56
Weighted average number of shares, assuming dilution	8,298,504	8,298,584	8,293,050	8,287,204
Dividends declared per common share	$ 0.14	$ 0.13	$ 0.28	$ 0.26

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 2,368	$ 2,418	$ 4,837	$ 4,721
Net change in unrealized loss on available-for-sale securities, net of tax effect	120	(312)	1,721	(68)
Comprehensive income	$ 2,488	$ 2,106	$ 6,558	$ 4,653

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock Amount	Common Stock Amount	Paid-in Capital	Retained Earnings	Unearned Restricted Stock Awards	Accumulated Other Comprehensive Loss	Treasury Stock
Balance, beginning of year (in shares) at Dec. 31, 2014		8,000	8,692,360
Balance, beginning of year at Dec. 31, 2014	$ 139,836		$ 87	$ 86,561	$ 63,876	$ (598)	$ (3,339)	$ (6,751)
Net income	4,721				4,721
Other comprehensive income (loss)	(68)						(68)
Exercise of stock options (cashless exchanges shown net)	204			204
Exercise of stock options (In shares)			15,514
Dividend reinvestment plan (in shares)			6,594
Dividend reinvestment plan	94			94
Dividends declared-preferred stock	(40)				(40)
Dividends paid-common stock ($0.28 and $0.26 per share during the six months ended June 30, 2016 and 2015, respectively)	(2,149)				(2,149)
Issuance of restricted stock awards (in shares)			64,250
Issuance of restricted stock awards			$ 1	979		(980)
Vesting of restricted stock awards	157					157
Balance, end of period (in shares) at Jun. 30, 2015		8,000	8,778,718
Balance, end of period at Jun. 30, 2015	142,755		$ 88	87,838	66,408	(1,421)	(3,407)	(6,751)
Balance, beginning of year (in shares) at Dec. 31, 2015			8,811,170
Balance, beginning of year at Dec. 31, 2015	136,708		$ 88	80,252	68,344	(1,375)	(3,850)	(6,751)
Net income	4,837				4,837
Other comprehensive income (loss)	1,721						1,721
Dividend reinvestment plan (in shares)			9,855
Dividend reinvestment plan	135			135
Dividends paid-common stock ($0.28 and $0.26 per share during the six months ended June 30, 2016 and 2015, respectively)	(2,346)				(2,346)
Restricted stock awards surrendered to treasury stock	(24)							(24)
Vesting of restricted stock awards	344					344
Balance, end of period (in shares) at Jun. 30, 2016			8,821,025
Balance, end of period at Jun. 30, 2016	$ 141,375		$ 88	$ 80,387	$ 70,835	$ (1,031)	$ (2,129)	$ (6,775)

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Dividends paid-common stock	$ 0.28	$ 0.26

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 4,837	$ 4,721
Depreciation and amortization	1,287	1,231
Amortization of fair value adjustments, net	84	145
Amortization of deferred expenses related to issuance of capital securities and subordinated debt	37	36
Amortization of securities, net	240	144
Net decrease (increase) in mortgage servicing rights	383	(74)
Loans originated for sale	(34,361)	(51,482)
Proceeds from loans sold	33,285	50,620
Increase in cash surrender value of life insurance	(455)	(316)
Amortization of intangible assets	687	776
Provision for loan losses	232	419
Increase in accrued interest receivable and other assets	(2,974)	(1,022)
Net loss on sales and disposals of premises, equipment, investment in real estate, other real estate owned and other assets	6
Write-down of other real estate owned	42
Net gain on sales and calls of securities	(1,201)	(373)
Net gain on sales of loans	(309)	(395)
Change in deferred loan origination fees and cost, net	(147)	(15)
(Decrease) increase in accrued expenses and other liabilities	(2,342)	1,166
Net cash (used in) provided by operating activities	(669)	5,581
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures - investments in real estate	(13)	(4)
Capital expenditures - software	(168)	(40)
Capital expenditures - premises and equipment	(1,378)	(1,353)
Maturities of interest-bearing time deposits with other banks		747
Proceeds from sales and calls of securities available-for-sale	31,754	40,662
Proceeds from maturities of securities available-for-sale	5,352	162,458
Purchases of securities available-for-sale	(70,521)	(206,651)
Purchase of Federal Home Loan Bank stock	(3,750)
Loan originations and principal collections, net	(16,806)	10,162
Recoveries of loans previously charged off	204	485
Proceeds from sales of premises, equipment, investment in real estate, other real estate owned and other assets	527	61
Net cash (used in) provided by investing activities	(54,799)	6,527
CASH FLOWS FROM FINANCING ACTIVITIES:
Net (decrease) increase in demand deposits, savings and NOW accounts	(18,249)	15,804
Net increase (decrease) in time deposits	9,254	(19,740)
Net increase in securities sold under agreements to repurchase	2,583	2,790
Net increase (decrease) in short-term advances from Federal Home Loan Bank	70,000	(5,000)
Principal advances from Federal Home Loan Bank	21,180	20,000
Repayment of advances from the Federal Home Loan Bank	(15,002)	(10,000)
Issuance of common stock from dividend reinvestment plan	45	21
Dividends paid on preferred stock		(40)
Dividends paid on common stock	(2,256)	(2,076)
Surrender of stock awards to treasury	(24)
Proceeds from exercise of stock options		204
Net cash provided by financing activities	67,531	1,963
NET INCREASE IN CASH AND CASH EQUIVALENTS	12,063	14,071
CASH AND CASH EQUIVALENTS, beginning of period	42,566	51,120
CASH AND CASH EQUIVALENTS, end of period	54,629	65,191
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid	3,756	3,623
Income taxes paid	$ 2,200	965
Loans transferred to other real estate owned		$ 465

Nature of Operations

Nature of Operations	6 Months Ended
	Jun. 30, 2016
Nature of Operations	Nature of Operations Lake Sunapee Bank Group (the “Company”), a Delaware company organized on July 5, 1989, is the parent company of Lake Sunapee Bank, fsb (the “Bank”), a federally chartered savings bank organized in 1868. The Bank has four wholly owned subsidiaries: Lake Sunapee Financial Services Corporation (“LSFS”); Lake Sunapee Group, Inc., which owns and maintains all buildings and investment properties; McCrillis & Eldredge Insurance, Inc. (“M&E”), a full-line independent insurance agency, which offers a complete range of commercial insurance services and consumer products; and Charter Holding Corp. (“Charter Holding”), which through its subsidiaries, provides trust and wealth management services. The Company’s operations are managed along two reportable segments that represent its core businesses: Banking and Wealth Management. The Banking segment provides a wide array of lending and depository-related products and services to individuals, businesses and municipal enterprises. The Banking segment also provides commercial insurance and consumer products, including life, health, auto and homeowner insurance, through M&E and brokerage services through LSFS. The Wealth Management segment provides trust and investment services through Charter Holding and its subsidiaries, Charter Trust Company (“Charter Trust”) and Charter New England Agency. The Company, through its direct and indirect subsidiaries, currently operates 26 locations in New Hampshire in Grafton, Hillsborough, Merrimack and Sullivan counties as well as 14 locations in Vermont in Orange, Rutland and Windsor counties. The Bank is a member of the Federal Deposit Insurance Corporation (“FDIC”) and its deposits are insured by the FDIC. The Company is regulated by the Board of Governors of the Federal Reserve System (“FRB”), and the Bank is regulated by the Office of the Comptroller of the Currency (“OCC”).

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Basis of Presentation	Note A—Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q and, accordingly, do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The condensed balance sheet data at December 31, 2015 was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016. In preparing consolidated financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheet and reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the evaluation of goodwill and other intangible assets for impairment, other-than-temporary impairment of securities and income taxes.

Accounting Policies

Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies	Note B—Accounting Policies The condensed consolidated financial statements include the accounts of the Company and its subsidiary, the Bank, and the Bank’s subsidiaries, M&E, Lake Sunapee Group, Inc., LSFS and Charter Holding and its subsidiaries, Charter Trust and Charter New England Agency. All significant intercompany accounts and transactions have been eliminated in consolidation. NHTB Capital Trust II and NHTB Capital Trust III, affiliates of the Company, were formed to sell capital securities to the public through a third-party trust pool. In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810-10, “Consolidation-Overall,” these affiliates have not been included in the condensed consolidated financial statements. Effective as of March 31, 2016, the Company adopted the Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The guidance requires the Company to report debt issuance costs, less amortization, net against the outstanding principal balance of the related debt. The guidance was adopted on a retrospective basis. Debt issuance costs which were reported in previous periods in other assets have been reclassified against subordinated debentures, reducing the reported outstanding principal.

Impact of New Accounting Standa

Impact of New Accounting Standards	6 Months Ended
	Jun. 30, 2016
Impact of New Accounting Standards	Note C—Impact of New Accounting Standards In May 2014 and August 2015, respectively, the FASB issued ASU 2014-09 and 2015-14, “Revenue from Contracts with Customers (Topic 606).” The objective of ASU 2014-09 is to clarify principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards. The guidance in ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public entities, the amendments in ASU 2015-14 defer the effective date of ASU 2014-09 to interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted, but not before the original effective date (i.e., interim and annual reporting periods beginning after December 15, 2016). The Company is currently reviewing ASUs 2014-09 and 2015-14 to determine if they will have an impact on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Liabilities.” The amendments in this update make targeted improvements to GAAP as follows: 1. Require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. 2. Simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. 3. Eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. 4. Require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. 5. Require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. 6. Require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (that is, securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements. 7. Clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The standard is effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption of item 5 above is permitted for financial statements of fiscal years or interim periods that have not yet been issued. Early adoption of other items above is not permitted. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” This ASU was issued to increase transparency and comparability among organizations by requiring reporting entities to recognize all leases, including operating, as lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments in this ASU are effective for public entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-07, “Investments – Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting.” This ASU eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations and related retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments in this ASU are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. Earlier application is permitted. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This ASU simplifies several areas of accounting for share-based compensation including accounting for income taxes, forfeitures and classification of excess tax benefits and employee taxes paid. The amendments in this ASU are effective for public business entities for fiscal years beginning after December 15, 2016, and interim periods within those annual periods. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU replace the existing incurred loss impairment methodology in current U.S. 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 ASU covers expected credit losses on financial instruments and other commitments. The amendments in this ASU are effective for SEC filing public business entities for fiscal years beginning after December 15, 2019, and interim periods within those annual periods. The Company is still determining the impact of the adoption of this ASU and the related impact on its consolidated financial statements.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Measurements	Note D—Fair Value Measurements In accordance with ASC 820-10, “Fair Value Measurement—Overall,” the Company groups its financial assets and financial liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1—Valuations for assets and liabilities traded in active exchange markets, such as The NASDAQ Stock Market. Level 1 also includes U.S. Treasury, other U.S. government and agency mortgage-backed securities that are traded by dealers or brokers in active markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2—Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities. Level 3—Valuations for assets and liabilities that are derived from other methodologies, including option pricing models, discounted cash flow models and similar techniques, are not based on market exchange, dealer or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets and liabilities. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. The Company’s equity securities are generally classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices. The Company’s investments in mortgage-backed securities, asset-backed securities, preferred stock with maturities and other debt securities available-for-sale are generally classified within Level 2 of the fair value hierarchy. For these securities, the Company obtains fair value measurements from independent pricing services. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, trading levels, market consensus prepayment speeds, credit information and the instrument’s terms and conditions. Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Subsequent to inception, management only changes Level 3 inputs and assumptions when corroborated by evidence such as transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalization and other transactions across the capital structure, offerings in the equity or debt markets, and changes in financial ratios or cash flows. Assets and Liabilities Measured at Fair Value on a Recurring Basis Securities Available-for-Sale. Interest Rate Lock Commitments. Forward Sale Commitments Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis Impaired Loans. Other Real Estate Owned. Mortgage Servicing Rights. The following summarizes assets and liabilities measured at fair value at June 30, 2016 and December 31, 2015. Assets Measured at Fair Value on a Recurring Basis Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, Quoted Prices in Significant Significant U.S. Treasury notes $ 35,267 $ — $ 35,267 $ — U.S. government-sponsored enterprise bonds 7,281 — 7,281 — Mortgage-backed securities 75,635 — 75,635 — Municipal bonds 28,496 — 28,496 — Other bonds and debentures 10,448 — 10,448 — Equity securities 297 297 — — Interest rate lock commitments 143 — — 143 Totals $ 157,567 $ 297 $ 157,127 $ 143 (Dollars in thousands) December 31, Quoted Prices in Significant Significant U.S. Treasury notes $ 34,939 $ — $ 34,939 $ — U.S. government-sponsored enterprise bonds 7,211 — 7,211 — Mortgage-backed securities 69,334 — 69,334 — Municipal bonds 8,304 — 8,304 — Other bonds and debentures 112 — 112 — Equity securities 298 298 — — Interest rate lock commitments 32 — — 32 Totals $ 120,230 $ 298 $ 119,900 $ 32 Liabilities Measured at Fair Value on a Recurring Basis Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, 2016 Quoted Prices in Significant Significant Forward loan sale commitments $ 171 $ — $ — $ 171 $ 171 $ — $ — $ 171 Fair Value Measurements at Reporting Date Using: (Dollars in thousands) December 31, Quoted Prices in Significant Significant Forward loan sale commitments $ 14 $ — $ — $ 14 $ 14 $ — $ — $ 14 The following table presents the changes in Level 3 assets and liabilities that were measured at fair value on a recurring basis for the periods indicated: (Dollars in thousands) Forward Loan Sale Interest Rate Lock Three months ended June 30, 2016 Balance as of March 31, 2016 $ (121 ) $ 104 Realized (loss) gain recognized in non-interest income (50 ) 143 Transfers to loans held for sale — (104 ) Balance as of June 30, 2016 $ (171 ) $ 143 (Dollars in thousands) Forward Loan Sale Interest Rate Lock Six months ended June 30, 2016 Balance as of December 31, 2015 $ (14 ) $ 32 Realized (loss) gain recognized in non-interest income (157 ) 247 Transfers to loans held for sale — (136 ) Balance as of June 30, 2016 $ (171 ) $ 143 (Dollars in thousands) Forward Loan Interest Rate Lock Three months ended June 30, 2015 Balance as of March 31, 2015 $ (128 ) $ 128 Realized (loss) gain recognized in non-interest income 168 90 Transfers to loans held for sale — (128 ) Balance as of June 30, 2015 $ 40 $ 90 (Dollars in thousands) Forward Loan Interest Rate Lock Six months ended June 30, 2015 Balance as of December 31, 2014 $ — $ — Realized (loss) gain recognized in non-interest income 40 218 Transfers to loans held for sale — (128 ) Balance as of June 30, 2015 $ 40 $ 90 Assets Measured at Fair Value on a Nonrecurring Basis Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, Quoted Prices in Significant Significant Impaired loans $ 1,585 $ — $ — $ 1,585 Mortgage servicing rights 2,057 — — 2,057 Other real estate owned 335 — — 335 $ 3,977 $ — $ — $ 3,977 (Dollars in thousands) December 31, Quoted Prices in Significant Significant Impaired loans $ 5,905 $ — $ — $ 5,905 Mortgage servicing rights 2,441 — — 2,441 Other real estate owned 904 — — 904 $ 9,250 $ — $ — $ 9,250 There were no loans with a specific reserve measured for impairment using the fair value of the underlying collateral at June 30, 2016 and December 31, 2015. Collateral dependent loans are valued using third-party appraisals primarily using the sales comparison approach. The appraisals may be discounted between 25-40% to reflect realizable value based on historical losses, which represents an unobservable input. Impaired loans measured for impairment using the net present value of cash flows had a recorded investment of $1.8 million with a valuation allowance of $237 thousand at June 30, 2016. Loans valued using the net present value of cash flows are calculated using expected future cash flows with a discount rate equal to the effective yield of the loan. At December 31, 2015, impaired loans measured using the net present value of cash flows had a recorded investment of $6.3 million with a valuation allowance of $386 thousand. The estimated fair values of the Company’s financial instruments at June 30, 2016 and December 31, 2015, all of which are held or issued for purposes other than trading, were as follows: Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, 2016 Carrying Quoted Prices Significant Significant Total Financial assets: Cash and cash equivalents $ 54,629 $ 54,629 $ — $ — $ 54,629 Securities available-for-sale 157,424 297 157,127 — 157,424 Federal Home Loan Bank stock 13,713 13,713 — — 13,713 Loans held-for-sale 3,573 — 3,608 — 3,608 Loans, net 1,233,871 — — 1,246,530 1,246,530 Investment in unconsolidated subsidiaries 620 — — 501 501 Accrued interest receivable 3,799 3,799 — — 3,799 Interest rate lock commitments 143 — — 143 143 Financial liabilities: Deposits 1,148,334 — 1,149,975 — 1,149,975 Federal Home Loan Bank advances 226,178 — 227,269 — 227,269 Securities sold under agreements to repurchase 20,540 20,540 — — 20,540 Subordinated debentures 36,910 — — 33,875 33,875 Forward loan sale commitments 171 — — 171 171 Fair Value Measurements at Reporting Date Using: (Dollars in thousands) December 31, 2015 Carrying Quoted Prices Significant Significant Total Financial assets: Cash and cash equivalents $ 42,566 $ 42,566 $ — $ — $ 42,566 Securities available-for-sale 120,198 298 119,900 — 120,198 Federal Home Loan Bank stock 9,963 9,963 — — 9,963 Loans held-for-sale 2,188 — 2,202 — 2,202 Loans, net 1,217,461 — — 1,215,166 1,215,166 Investment in unconsolidated subsidiaries 620 — — 349 349 Accrued interest receivable 2,431 2,431 — — 2,431 Interest rate lock commitments 32 — — 32 32 Financial liabilities: Deposits 1,157,352 — 1,157,080 — 1,157,080 Federal Home Loan Bank advances 150,000 — 150,312 — 150,312 Securities sold under agreements to repurchase 17,957 17,957 — — 17,957 Subordinated debentures 36,873 — — 27,983 27,983 Forward loan sale commitments 14 — — 14 14 The carrying amounts of financial instruments shown in the above tables are included in the condensed consolidated balance sheets under the indicated captions, except for investment in unconsolidated subsidiaries which is included in other assets and interest rate lock commitments and forward sale commitments, which are included in other assets and other liabilities, respectively. The Company did not have any significant transfers of assets or liabilities between Levels 1 and 2 of the fair value hierarchy during the six months ended June 30, 2016 or during the 12-month period ended December 31, 2015.

Securities

Securities	6 Months Ended
	Jun. 30, 2016
Securities	Note E—Securities Debt and equity securities have been classified in the consolidated balance sheets according to management’s intent. The amortized cost basis of securities available-for-sale and their approximate fair values at June 30, 2016 and December 31, 2015 are summarized as follows: (Dollars in thousands) June 30, 2016 Amortized Gross Gross Fair Value Bonds and notes U.S. Treasury notes $ 35,231 $ 37 $ 1 $ 35,267 U.S. government-sponsored enterprise bonds 7,284 2 5 7,281 Mortgage-backed securities 74,815 859 39 75,635 Municipal bonds 28,226 362 92 28,496 Other bonds and debentures 10,102 347 1 10,448 Equity securities 258 49 10 297 Total available-for-sale $ 155,916 $ 1,656 $ 148 $ 157,424 (Dollars in thousands) December 31, 2015 Amortized Gross Gross Fair Value Bonds and notes U.S. Treasury notes $ 35,282 $ — $ 343 $ 34,939 U.S. government-sponsored enterprise bonds 7,305 1 95 7,211 Mortgage-backed securities 70,169 14 849 69,334 Municipal bonds 8,418 34 148 8,304 Other bonds and debentures 108 4 — 112 Equity securities 258 49 9 298 Total available-for-sale $ 121,540 $ 102 $ 1,444 $ 120,198 Maturities of debt securities, excluding mortgage-backed securities, classified as available-for-sale are as follows as of June 30, 2016: (Dollars in thousands) Fair Value Other bonds and debentures $ 85 Total due in less than one year $ 85 U.S. Treasury notes $ 35,267 U.S. government-sponsored enterprise bonds 7,000 Municipal bonds 6,108 Total due after one year through five years $ 48,375 U.S. government-sponsored enterprise bonds $ 128 Municipal bonds 21,132 Other bonds and debentures 10,345 Total due after five years through ten years $ 31,605 U.S. government-sponsored enterprise bonds $ 153 Municipal bonds 1,256 Other bonds and debentures 18 Total due after ten years $ 1,427 For the six months ended June 30, 2016, the proceeds from sales of securities available -for-sale were $31.8 million. Gross gains of $1.2 million were realized during the same period on these sales. The tax provision applicable to these net realized gains amounted to $477 thousand. For the six months ended June 30, 2015, the proceeds from sales of securities available-for-sale were $40.2 million. Gross gains of $373 thousand were realized during the same period on these sales. The tax provision applicable to these net realized gains amounted to $148 thousand. Securities, carried at $120.3 million and $119.8 million, were pledged to secure public deposits, Federal Home Loan Bank (“FHLB”) advances, and securities sold under agreements to repurchase as of June 30, 2016 and December 31, 2015, respectively.

Impairment of Securities

Impairment of Securities	6 Months Ended
	Jun. 30, 2016
Impairment of Securities	Note F—Impairment of Securities The aggregate fair value and unrealized losses of securities that have been in a continuous unrealized loss position for less than 12 months and for 12 months or more, and are not other-than-temporarily impaired, are as follows as of the dates indicated: Less than 12 Months 12 Months or Longer Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized June 30, 2016: Bonds and notes— U.S. Treasury notes $ 15,011 $ 1 $ — $ — $ 15,011 $ 1 U.S. Government-sponsored enterprise bonds — — 153 5 153 5 Mortgage-backed securities — — 5,486 39 5,486 39 Municipal bonds — — 2,216 92 2,216 92 Other bonds and debentures 85 1 — — 85 1 Equity securities 28 3 35 7 63 10 Total temporarily impaired securities $ 15,124 $ 5 $ 7,890 $ 143 $ 23,014 $ 148 December 31, 2015: Bonds and notes— U.S. Treasury notes $ 24,817 $ 199 $ 10,122 $ 144 $ 34,939 $ 343 U.S. Government-sponsored enterprise bonds 2,967 33 4,101 62 7,068 95 Mortgage-backed securities 56,351 592 11,681 257 68,032 849 Municipal bonds 1,420 38 2,208 110 3,628 148 Equity securities 53 9 — — 53 9 Total temporarily impaired securities $ 85,608 $ 871 $ 28,112 $ 573 $ 113,720 $ 1,444 The investments in the Company’s investment portfolio that were temporarily impaired as of June 30, 2016 consisted of one U.S. Treasury note, one U.S. government-sponsored enterprise bond, fourteen mortgage-backed securities issued by U.S. government-sponsored enterprises, five municipal bonds, one other bond and debenture and twelve equity securities. The unrealized losses on debt securities are primarily attributable to changes in market interest rates and current market inefficiencies. The Company has the ability and intent to hold debt securities until maturity, and therefore, no declines are deemed to be other-than-temporary. We do not believe the unrealized losses on equity securities relate to credit quality of the issuers. We have the ability and intent to hold these investments until a recovery of cost basis.

Loan Portfolio

Loan Portfolio	6 Months Ended
	Jun. 30, 2016
Loan Portfolio	Note G—Loan Portfolio Loans receivable consisted of the following as of the dates indicated: June 30, 2016 (Dollars in thousands) Originated Acquired Total Real estate loans: Conventional $ 613,087 $ 39,739 $ 652,826 Home equity 68,245 4,998 73,243 Commercial 278,633 57,190 335,823 Construction 19,850 1,218 21,068 979,815 103,145 1,082,960 Commercial and municipal loans 140,415 9,157 149,572 Consumer loans 4,836 863 5,699 Total loans 1,125,066 113,165 1,238,231 Allowance for loan losses (8,506 ) (259 ) (8,765 ) Deferred loan origination costs, net 4,405 — 4,405 Loans receivable, net $ 1,120,965 $ 112,906 $ 1,233,871 December 31, 2015 (Dollars in thousands) Originated Acquired Total Real estate loans: Conventional $ 600,763 $ 41,895 $ 642,658 Home equity 66,708 5,547 72,255 Commercial 259,834 63,434 323,268 Construction 33,663 1,255 34,918 960,968 112,131 1,073,099 Commercial and municipal loans 133,596 8,925 142,521 Consumer loans 5,411 1,077 6,488 Total loans 1,099,975 122,133 1,222,108 Allowance for loan losses (8,607 ) (298 ) (8,905 ) Deferred loan origination costs, net 4,258 — 4,258 Loans receivable, net $ 1,095,626 $ 121,835 $ 1,217,461 The following tables set forth information regarding the allowance for loan losses by portfolio segment as of and for the periods ending on the dates indicated: Real Estate (Dollars in thousands) June 30, 2016 Conventional Commercial Construction Commercial Consumer Unallocated Total Allowance for loan losses: Originated: Beginning balance, December 31, 2015 $ 4,197 $ 2,884 $ 197 $ 1,199 $ 68 $ 62 $ 8,607 Charge-offs (94 ) (242 ) — (39 ) (163 ) — (538 ) Recoveries 23 — — 44 102 — 169 Provision (benefit) 422 (256 ) (51 ) 7 71 75 268 Ending balance, June 30, 2016 $ 4,548 $ 2,386 $ 146 $ 1,211 $ 78 $ 137 $ 8,506 Acquired: Beginning balance, December 31, 2015 $ 63 $ 190 $ 21 $ 24 $ — $ — $ 298 Charge-offs (37 ) — — — (1 ) — (38 ) Recoveries 27 — — 2 6 — 35 (Benefit) provision (29 ) (10 ) 16 (8 ) (5 ) — (36 ) Ending balance, June 30, 2016 $ 24 $ 180 $ 37 $ 18 $ — $ — $ 259 Originated: Individually evaluated for impairment $ 129 $ 108 $ — $ — $ — $ — $ 237 Collectively evaluated for impairment 4,419 2,278 146 1,211 78 137 8,269 Acquired loans (Discounts related to Credit Quality) 24 180 37 18 — — 259 Total allowance for loan losses ending balance, June 30, 2016 $ 4,572 $ 2,566 $ 183 $ 1,229 $ 78 $ 137 $ 8,765 Loans: Originated: Individually evaluated for impairment $ 5,173 $ 4,417 $ 432 $ 172 $ — $ — $ 10,194 Collectively evaluated for impairment 676,159 274,216 19,418 140,243 4,836 — 1,114,872 Acquired loans (Discounts related to Credit Quality) 44,737 57,190 1,218 9,157 863 — 113,165 Total loans ending balance, June 30, 2016 $ 726,069 $ 335,823 $ 21,068 $ 149,572 $ 5,699 $ — $ 1,238,231 Real Estate (Dollars in thousands) June 30, 2015 Conventional Commercial Construction Commercial Consumer Unallocated Total Allowance for loan losses: Originated: Beginning balance, December 31, 2014 $ 4,763 $ 2,724 $ 991 $ 635 $ 86 $ 70 $ 9,269 Charge-offs (281 ) — — (884 ) (135 ) — (1,300 ) Recoveries 8 — — 465 78 — 551 Provision (benefit) 119 (285 ) 61 417 53 54 419 Ending balance, June 30, 2015 $ 4,609 $ 2,439 $ 1,052 $ 633 $ 82 $ 124 $ 8,939 Acquired: Beginning balance, December 31, 2014 $ — $ — $ — $ — $ — $ — $ — Charge-offs — — — — — — — Recoveries — — — — — — — Provision (benefit) — — — — — — — Ending balance, June 30, 2015 $ — $ — $ — $ — $ — $ — $ — Originated: Individually evaluated for impairment $ 193 $ 75 $ 12 $ 4 $ — $ — $ 284 Collectively evaluated for impairment 4,416 2,364 1,040 629 82 124 8,655 Acquired loans (Discounts related to Credit Quality) — — — — — — — Total allowance for loan losses ending balance, June 30, 2015 $ 4,609 $ 2,439 $ 1,052 $ 633 $ 82 $ 124 $ 8,939 Loans: Originated: Individually evaluated for impairment $ 6,573 $ 3,542 $ 451 $ 431 $ — $ — $ 10,997 Collectively evaluated for impairment 643,758 233,619 41,247 126,699 6,549 — 1,051,872 Acquired loans (Discounts related to Credit Quality) 53,123 69,911 1,405 11,395 1,352 — 137,186 Total loans ending balance, June 30, 2015 $ 703,454 $ 307,072 $ 43,103 $ 138,525 $ 7,901 $ — $ 1,200,055 Real Estate (Dollars in thousands) December 31, 2015 Conventional Commercial Construction Commercial Consumer Unallocated Total Allowance for loan losses: Originated: Individually evaluated for impairment $ 200 $ 133 $ 15 $ 7 $ — $ — $ 355 Collectively evaluated for impairment 3,997 2,751 182 1,192 68 62 8,252 Acquired loans (Discounts related to Credit Quality) 63 190 21 24 — — 298 Total allowance for loan losses ending balance, December 31, 2015 $ 4,260 $ 3,074 $ 218 $ 1,223 $ 68 $ 62 $ 8,905 Loans: Originated: Individually evaluated for impairment $ 6,707 $ 5,078 $ 442 $ 732 $ — $ — $ 12,959 Collectively evaluated for impairment 660,764 254,756 33,221 132,864 5,411 — 1,087,016 Acquired loans (Discounts related to Credit Quality) 47,442 63,434 1,255 8,925 1,077 — 122,133 Total loans ending balance, December 31, 2015 $ 714,913 $ 323,268 $ 34,918 $ 142,521 $ 6,488 $ — $ 1,222,108 The following tables set forth information regarding nonaccrual loans and past-due loans as of the dates indicated: June 30, 2016 (Dollars in thousands) 30-59 Days 60-89 Days 90 Days or Total Past Nonaccrual Originated: Real estate: Conventional $ 216 $ 1,587 $ 1,156 $ 2,959 $ 2,673 Home equity 480 — 115 595 115 Commercial 1,317 212 885 2,414 1,947 Construction 540 — — 540 — Commercial and municipal 427 73 2 502 91 Consumer (including credit card) 42 1 — 43 — Total $ 3,022 $ 1,873 $ 2,158 $ 7,053 $ 4,826 Acquired: Real estate: Conventional $ 176 $ 341 $ 335 $ 852 $ 363 Home equity — — — — — Commercial 201 30 603 834 603 Construction — — — — — Commercial and municipal 226 — 75 301 75 Consumer (including credit card) — — — — — Total $ 603 $ 371 $ 1,013 $ 1,987 $ 1,041 Total: Real estate: Conventional $ 392 $ 1,928 $ 1,491 $ 3,811 $ 3,036 Home equity 480 — 115 595 115 Commercial 1,518 242 1,488 3,248 2,550 Construction 540 — — 540 — Commercial and municipal 653 73 77 803 166 Consumer (including credit card) 42 1 — 43 — Total $ 3,625 $ 2,244 $ 3,171 $ 9,040 $ 5,867 December 31, 2015 (Dollars in thousands) 30-59 Days 60-89 Days 90 Days or Total Past Nonaccrual Originated: Real estate: Conventional $ 1,644 $ 1,309 $ 1,454 $ 4,407 $ 2,310 Home equity 180 — 166 346 166 Commercial 1,028 482 309 1,819 1,565 Construction 24 — — 24 — Commercial and municipal 89 50 584 723 584 Consumer (including credit card) 16 7 — 23 — Total $ 2,981 $ 1,848 $ 2,513 $ 7,342 $ 4,625 Acquired: Real estate: Conventional $ 514 $ 238 $ 654 $ 1,406 $ 707 Home equity 12 — 17 29 17 Commercial 386 — 677 1,063 677 Construction — — — — — Commercial and municipal 5 — — 5 — Consumer (including credit card) 6 12 — 18 — Total $ 923 $ 250 $ 1,348 $ 2,521 $ 1,401 Total: Real estate: Conventional $ 2,158 $ 1,547 $ 2,108 $ 5,813 $ 3,017 Home equity 192 — 183 375 183 Commercial 1,414 482 986 2,882 2,242 Construction 24 — — 24 — Commercial and municipal 94 50 584 728 584 Consumer (including credit card) 22 19 — 41 — Total $ 3,904 $ 2,098 $ 3,861 $ 9,863 $ 6,026 There were no loans past due 90 days or more and still accruing as of June 30, 2016 and December 31, 2015. Troubled Debt Restructurings The following tables present the recorded investment in troubled debt restructured (“TDR”) loans as of June 30, 2016 and December 31, 2015 based on payment performance status: June 30, 2016 Real Estate (Dollars in thousands) Conventional Commercial Construction Commercial Total Performing $ 2,635 $ 2,605 $ 432 $ 81 $ 5,753 Non-performing 1,918 275 — 15 2,208 Total $ 4,553 $ 2,880 $ 432 $ 96 $ 7,961 December 31, 2015 Real Estate (Dollars in thousands) Conventional Commercial Construction Commercial Total Performing $ 3,506 $ 2,836 $ 442 $ 149 $ 6,933 Non-performing 1,160 285 — — 1,445 Total $ 4,666 $ 3,121 $ 442 $ 149 $ 8,378 TDR loans are considered impaired and are included in the impaired loan disclosures in this footnote. During the six month period ended June 30, 2016, certain loan modifications were executed that constituted TDRs. All of these modifications included one or a combination of the following: (1) an extension of the maturity date; (2) reduction in the interest rate; or (3) change in scheduled payment amount. The following table presents pre-modification balance information on how loans were modified as TDRs during the six months ended June 30, 2016: (Dollars in thousands) Interest Combination of Total Real estate: Commercial $ 45 $ 193 $ 238 Total TDRs $ 45 $ 193 $ 238 The following table presents pre-modification balance information on how loans were modified as TDRs during the six months ended June 30, 2015: (Dollars in thousands) Extended Combination of Combination of Interest Total Real estate: Conventional $ 80 $ 267 $ 423 $ — $ 770 Commercial and municipal — — — 7 7 Total TDRs $ 80 $ 267 $ 423 $ 7 $ 777 The following table summarizes TDRs that occurred during the periods indicated: (Dollars in thousands) Number of Pre-Modification Post-Modification June 30, 2016: Troubled Debt Restructurings: Real estate: Commercial 2 $ 238 $ 238 2 $ 238 $ 238 (Dollars in thousands) Number of Pre-Modification Post-Modification June 30, 2015: Troubled Debt Restructurings: Real estate: Conventional 5 $ 770 $ 770 Commercial and municipal 1 7 7 6 $ 777 $ 777 At June 30, 2016, there were no specific loan loss reserves related to TDRs that occurred during the six month period ended June 30, 2016. There were two new TDRs for which there was a payment default during the six month period ended June 30, 2016 including one conventional real estate loan totaling $92 thousand and one commercial real estate loan totaling $247 thousand, which occurred within 12 months following the date of the restructuring. Both TDR defaults occurred during the second quarter. Loans are considered to be in payment default once they are greater than 30 days contractually past due under the modified terms. At June 30, 2015, there were specific loan loss reserves of $94 thousand related to TDRs that occurred during the six month period ended June 30, 2015. There were no TDRs for which there was a payment default during the six month period ending June 30, 2015, which occurred within 12 months following the date of the restructuring. Loans are considered to be in payment default once they are greater than 30 days contractually past due under the modified terms. Information about loans that meet the definition of an impaired loan in ASC 310-10-35, “Receivables-Overall-Subsequent Measurement,” is as follows as of June 30, 2016: (Dollars in thousands) Recorded Unpaid Related With no related allowance recorded: Real estate: Conventional $ 4,141 $ 4,627 $ — Home equity 132 211 — Commercial 3,495 4,168 — Construction 432 467 — Commercial and municipal 172 196 — Total impaired with no related allowance 8,372 9,669 — With an allowance recorded: Real estate: Conventional 900 925 129 Commercial 922 923 108 Total impaired with an allowance recorded 1,822 1,848 237 Total: Real estate: Conventional 5,041 5,552 129 Home equity 132 211 — Commercial 4,417 5,091 108 Construction 432 467 — Commercial and municipal 172 196 — Total impaired loans $ 10,194 $ 11,517 $ 237 Information about loans that meet the definition of an impaired loan in ASC 310-10-35 is as follows as of December 31, 2015: (Dollars in thousands) Recorded Unpaid Related With no related allowance recorded: Real estate: Conventional $ 3,175 $ 3,895 $ — Home equity 213 340 — Commercial 2,589 3,028 — Construction — — — Commercial and municipal 691 696 — Total impaired with no related allowance 6,668 7,959 — With an allowance recorded: Real estate: Conventional 3,319 3,548 231 Commercial 2,489 2,546 133 Construction 442 476 15 Commercial and municipal 41 42 7 Total impaired with an allowance recorded 6,291 6,612 386 Total: Real estate: Conventional 6,494 7,443 231 Home equity 213 340 — Commercial 5,078 5,574 133 Construction 442 476 15 Commercial and municipal 732 738 7 Total impaired loans $ 12,959 $ 14,571 $ 386 The following is a summary of the average recorded investment and interest income recognized on impaired loans for the six months ended June 30, 2016 and 2015: Six months ended June 30, 2016 Six months ended June 30, 2015 (Dollars in thousands) Average Interest Average Interest With no related allowance recorded: Real estate: Conventional $ 4,322 $ 74 $ 4,505 $ 56 Home equity 155 1 170 — Commercial 3,704 77 4,044 33 Construction 437 10 503 — Commercial and municipal 178 6 543 7 Total impaired with no related allowance 8,796 168 9,765 96 With an allowance recorded: Real estate: Conventional 862 13 1,598 56 Commercial 933 20 899 30 Construction — — 227 9 Commercial and municipal 29 — 24 4 Total impaired with an allowance recorded 1,824 33 2,748 99 Total: Real estate: Conventional 5,184 87 6,103 112 Home equity 155 1 170 — Commercial 4,637 97 4,943 63 Construction 437 10 730 9 Commercial and municipal 207 6 567 11 Total impaired loans $ 10,620 $ 201 $ 12,513 $ 195 The recorded investment of conventional real estate loans in the process of foreclosure was $562 thousand and $1.2 million at June 30, 2016 and December 31, 2015, respectively. OREO was $335 thousand, representing one residential property and one commercial property, at June 30, 2016, compared to $904 thousand, representing three residential properties and two commercial properties of OREO and property acquired in settlement of loans at December 31, 2015. The carrying amount of acquired loans at June 30, 2016 totaled $112.9 million. A subset of these loans was determined to have evidence of credit deterioration at acquisition date, which is accounted for in accordance with ASC 310-30. These purchased credit-impaired loans presently maintain a carrying value of $1.6 million and an outstanding principal balance of $1.9 million at June 30, 2016. These loans are evaluated for impairment through the periodic reforecasting of expected cash flows. The carrying amount of acquired loans at December 31, 2015 totaled $121.8 million. A subset of these loans was determined to have evidence of credit deterioration at acquisition date, which is accounted for in accordance with ASC 310-30. These purchased credit-impaired loans presently maintain a carrying value of $2.4 million and an outstanding principal balance of $3.1 million at December 31, 2015. These loans are evaluated for impairment through the periodic reforecasting of expected cash flows. The following table presents the Company’s activity in the accretable yield for the purchased credit impaired loans for the periods indicated: Three months ended June 30, (Dollars in thousands) 2016 2015 Accretable yield at the beginning of the period $ 1,939 $ 2,125 Reclassification from nonaccretable difference for loans with improved cash flows — — Accretion (655 ) (323 ) Change in cash flows that do not affect nonaccretable difference — — Accretable yield at the end of the period $ 1,284 $ 1,802 Six months ended June 30, (Dollars in thousands) 2016 2015 Accretable yield at the beginning of the period $ 2,213 $ 2,125 Reclassification from nonaccretable difference for loans with improved cash flows 13 — Accretion (691 ) (323 ) Change in cash flows that do not affect nonaccretable difference (251 ) — Accretable yield at the end of the period $ 1,284 $ 1,802 The following tables present the Company’s loans by risk ratings as of the dates indicated: June 30, 2016 Real Estate (Dollars in thousands) Conventional Commercial Construction Commercial Consumer Total Originated: Grade: Pass $ — $ 245,849 $ 6,819 $ 119,749 $ — $ 372,417 Special mention — 4,198 9 105 — 4,312 Substandard 4,135 9,489 553 441 — 14,618 Loans not formally rated 677,197 19,097 12,469 20,120 4,836 733,719 Total $ 681,332 $ 278,633 $ 19,850 $ 140,415 $ 4,836 $ 1,125,066 Acquired: Grade: Pass $ — $ 50,942 $ 1,021 $ 8,322 $ — $ 60,285 Special mention — 1,678 — — — 1,678 Substandard 587 3,430 91 458 — 4,566 Loans not formally rated 44,150 1,140 106 377 863 46,636 Total $ 44,737 $ 57,190 $ 1,218 $ 9,157 $ 863 $ 113,165 Total: Grade: Pass $ — $ 296,791 $ 7,840 $ 128,071 $ — $ 432,702 Special mention — 5,876 9 105 — 5,990 Substandard 4,722 12,919 644 899 — 19,184 Loans not formally rated 721,347 20,237 12,575 20,497 5,699 780,355 Total $ 726,069 $ 335,823 $ 21,068 $ 149,572 $ 5,699 $ 1,238,231 December 31, 2015 Real Estate: (Dollars in thousands) Conventional and Commercial Construction Commercial and Consumer Total Originated: Grade: Pass $ — $ 222,466 $ 19,208 $ 111,653 $ — $ 353,327 Special mention — 4,278 18 112 — 4,408 Substandard 5,272 7,670 567 416 — 13,925 Loans not formally rated 662,199 25,420 13,870 21,415 5,411 728,315 Total $ 667,471 $ 259,834 $ 33,663 $ 133,596 $ 5,411 $ 1,099,975 Acquired: Grade: Pass $ — $ 56,212 $ 1,047 $ 8,031 $ — $ 65,290 Special mention — 1,643 — — — 1,643 Substandard 1,038 4,097 92 509 — 5,736 Loans not formally rated 46,404 1,482 116 385 1,077 49,464 Total $ 47,442 $ 63,434 $ 1,255 $ 8,925 $ 1,077 $ 122,133 Total: Grade: Pass $ — $ 278,678 $ 20,255 $ 119,684 $ — $ 418,617 Special mention — 5,921 18 112 — 6,051 Substandard 6,310 11,767 659 925 — 19,661 Loans not formally rated 708,603 26,902 13,986 21,800 6,488 777,779 Total $ 714,913 $ 323,268 $ 34,918 $ 142,521 $ 6,488 $ 1,222,108 Credit Quality Information The Company utilizes a nine grade internal loan rating system for commercial real estate, construction and commercial loans as follows: • Loans rated 10-37: Loans in these categories are considered “pass” rated loans with low to average risk. • Loans rated 40: Loans in this category are considered “special mention.” These loans are starting to show signs of potential weakness and are being closely monitored by management. • Loans rated 50: Loans in this category are considered “substandard.” Generally, a loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged. There is a distinct possibility that the Company will sustain some loss if the weakness is not corrected. • Loans rated 60: Loans in this category are considered “doubtful.” Loans classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable. • Loans rated 70: Loans in this category are considered uncollectible or a loss, and of such little value that their continuance as loans is not warranted. On an annual basis, or more often if needed, the Company formally reviews the ratings on all commercial real estate, construction and commercial and municipal loans over $250 thousand. The assessment of those loans less than $250 thousand is based on the borrower’s ability to pay and not on overall risk. Additionally, the Company monitors the repayment activity for such loans less than $300 thousand and if a loan becomes delinquent over 60 days past due, it is reviewed for risk and is subsequently risk rated based on available information such as ability to repay based on current cash flow conditions and workout discussions with the borrower. For residential real estate, home equity and consumer loans, the Company initially assesses credit quality based upon the borrower’s ability to pay and subsequently monitors these loans based on the borrower’s payment capacity. Loan Servicing The Company recognizes as separate assets from their related loans the rights to service mortgage loans for others, either through acquisition of those rights or from the sale or securitization of loans with the servicing rights retained on those loans, based on their relative fair values. To determine the fair value of the servicing rights created, the Company uses the market prices under comparable servicing sale contracts, when available, or alternatively uses a valuation model that calculates the present value of future cash flows to determine the fair value of the servicing rights. In using this valuation method, the Company incorporates assumptions that market participants would use in estimating future net servicing income, which includes estimates of the cost of servicing loans, the discount rate, ancillary income, prepayment speeds and default rates. The amount of loans sold and participated out which are serviced by the Company is as follows for the periods indicated: (Dollars in thousands) June 30, December 31, Sold loans $ 451,834 $ 445,855 Mortgage servicing rights are amortized in proportion to, and over the period of, estimated net servicing revenues. Refinance activities are considered in estimating the periodic impairment of net servicing revenues. Impairment of mortgage servicing rights is assessed based on the fair value of those rights. Fair values are estimated using discounted cash flows based on a current market interest rate. For purposes of measuring impairment, the rights are stratified based on the interest rate risk characteristics of the underlying loans. The amount of impairment recognized is the amount by which the capitalized mortgage servicing rights for a stratum exceed their fair value. The balances of capitalized servicing rights, net of valuation allowances, included in other assets at June 30, 2016, and December 31, 2015 were $2.1 million and $2.4 million, respectively. The fair value of capitalized servicing rights was $3.1 million as of June 30, 2016 and $4.0 million as of December 31, 2015. Servicing rights of $311 thousand were capitalized during the six months ended June 30, 2016, compared to $628 thousand for the same period in 2015. Amortization of capitalized servicing rights was $503 thousand for the six months ended June 30, 2016, compared to $514 thousand for the same period in 2015. Servicing rights of $203 thousand were capitalized during the three months ended June 30, 2016, compared to $465 thousand for the same period in 2015. Amortization of capitalized servicing rights was $247 thousand for the three months ended June 30, 2016, compared to $157 thousand for the same period in 2015. Following table is an analysis of the aggregate changes in the valuation allowance for capitalized servicing rights during the periods indicated: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2016 2015 2016 2015 Balance, beginning of period $ 198 $ 63 $ 73 $ 19 Increase (decrease) 67 (4 ) 192 40 Balance, end of period $ 265 $ 59 $ 265 $ 59

Securities Sold Under Agreement

Securities Sold Under Agreements to Repurchase	6 Months Ended
	Jun. 30, 2016
Securities Sold Under Agreements to Repurchase	Note H—Securities Sold Under Agreements to Repurchase The securities sold under agreements to repurchase are securities sold on a short-term basis by the Company that have been accounted for not as sales but as borrowings. The securities consisted of debt securities issued by the U.S. Treasury and government-sponsored enterprises, mortgage-backed securities and municipal bonds. The securities were held in the Company’s safekeeping account at the Federal Home Loan Bank of Boston under the control of the Company and pledged to the purchasers of the securities. The purchasers have agreed to sell to the Company substantially identical securities at the maturity of the agreements. The following table represents the Company’s short-term collateralized financing obtained through repurchase agreements and the related collateral pledged as of the periods indicated: (Dollars in thousands) June 30, December 31, Repurchase agreements collateral U.S. Treasury notes $ 2,519 $ 20,973 U.S. government-sponsored enterprise bonds 376 414 Mortgage-backed securities 24,187 2,896 Municipal bonds 746 729 Total $ 27,828 $ 25,012 Repurchase agreements $ 20,540 $ 17,957

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2016
Stock-Based Compensation	Note I—Stock-Based Compensation The Company’s 2014 Stock Incentive Plan, which was approved by the stockholders on May 8, 2014, had 410,000 shares remaining available for issuance at June 30, 2016. The Company accounts for the plan under ASC 718-10, “Compensation-Stock Compensation-Overall.” During the six months ended June 30, 2016 and 2015, stock-based compensation expense of $172 thousand and $79 thousand, respectively, was recognized under the Company’s equity plan. During the three months ended June 30, 2016 and 2015, stock-based compensation expense of $86 thousand and $39 thousand, respectively, was recognized under the Company’s equity plan. As of June 30, 2016, there were no options and 69,800 non-vested restricted stock awards outstanding under the 2004 Plan. The Company granted a total of 16,500 shares of restricted stock awards to directors of the Company effective May 1, 2014. The restricted stock was granted under the Company’s 2004 Stock Incentive Plan and awarded the directors shares of restricted common stock of the Company. Of the shares granted, 1,500 shares vested immediately on May 1, 2014 with the remaining 15,000 shares vesting ratably over a five-year period beginning on May 1, 2015. The Company granted a total of 64,250 shares of restricted stock awards to officers of the Company effective June 11, 2015. The restricted stock was granted under the Company’s 2014 Stock Incentive Plan and awarded the officers shares of restricted common stock of the Company. The shares vest ratably over a five-year period beginning on June 11, 2016.

Pension Benefits

Pension Benefits	6 Months Ended
	Jun. 30, 2016
Pension Benefits	Note J—Pension Benefits The following summarizes the net periodic pension cost for the periods indicated: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2016 2015 2016 2015 Interest cost $ 93 $ 93 $ 185 $ 187 Expected return on plan assets (189 ) (160 ) (377 ) (321 ) Amortization of unrecognized net loss 96 89 192 178 Net periodic pension cost $ — $ 22 $ — $ 44

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities	Note K—Derivative Instruments and Hedging Activities The Company’s mortgage banking activities include IRLCs and forward sales commitments that result in derivative instruments. IRLCs are provided on applications for residential mortgages intended for resale and are accounted for as non-hedging derivatives. The Company arranges offsetting forward sales commitments for these rate-locks, which are designated as economic hedges. The IRLCs generally terminate once the loan is funded, the lock period expires or the borrower decides not to contract for the loan. The forward commitments generally terminate once the loan is sold, the commitment period expires or the borrower decides not to contract for the loan. The following table summarizes the fair values of derivative instruments in the consolidated balance sheet as of the periods indicated: June 30, 2016 (Dollars in thousands) Notional Fair Value Interest rate lock commitments $ 15,545 $ 143 Forward loan sale commitments $ 15,880 $ (171 ) December 31, 2015 (Dollars in thousands) Notional Fair Value Interest rate lock commitments $ 4,623 $ 32 Forward loan sale commitments $ 5,135 $ (14 )

Earnings Per Share ("EPS")

Earnings Per Share ("EPS")	6 Months Ended
	Jun. 30, 2016
Earnings Per Share ("EPS")	Note L—Earnings Per Share (“EPS”) The Company computes earnings per share in accordance with FASB ASC 260-10. Under the guidance, unvested restricted stock awards that contain non-forfeitable rights to dividends or dividend equivalents are participating securities and, therefore, are included in computing basic EPS pursuant to the two-class method. The two-class method determines earnings per share for each class of common stock and participating securities according to dividends or dividend equivalents and their respective participation rights in undistributed earnings. Basic EPS has been computed using the weighted average number of common shares outstanding during each period. Diluted EPS for the six months ended June 30, 2016 and 2015 assumes, as of the beginning of the period, exercise of stock awards using the treasury stock method. Certain of our stock awards that would potentially dilute Basic EPS in the future were antidilutive for the six months ended June 30, 2016 and 2015 and are presented below. The following is a reconciliation of the numerators and denominators used in the calculation of Basic and Diluted EPS for the six months ended June 30, 2016 and 2015: For the three months For the six months (Dollars in thousands, except per share data) 2016 2015 2016 2015 Net income as reported $ 2,368 $ 2,418 $ 4,837 $ 4,721 Cumulative preferred stock dividend earned — (20 ) — (40 ) Dividends and undistributed earnings allocated to participating shares (25 ) — (52 ) — Net income applicable to common stock $ 2,343 $ 2,398 $ 4,785 $ 4,681 Weighted average common shares outstanding for basic EPS 8,298,504 8,285,521 8,292,397 8,273,519 Effect of dilutive equity-based awards — 13,063 653 13,685 Weighted average common shares outstanding for dilutive EPS 8,298,504 8,298,584 8,293,050 8,287,204 Earnings per common share – basic $ 0.28 $ 0.29 $ 0.58 $ 0.57 Earnings per common share – diluted $ 0.28 $ 0.29 $ 0.58 $ 0.56

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Loss	Note M—Accumulated Other Comprehensive Loss Accumulated other comprehensive loss consists of the following: (Dollars in thousands) As of June 30, December 31, Net unrealized holding gain (loss) on available-for-sale securities, net of tax $ 911 $ (810 ) Unrecognized net actuarial loss, defined benefit pension plan, net of tax (3,040 ) (3,040 ) Accumulated other comprehensive loss $ (2,129 ) $ (3,850 ) Reclassification disclosures for the periods ended June 30, 2016 and 2015 follow: (Dollars in thousands) For the three months ended June 30, For the six months ended June 30, 2016 2015 2016 2015 Net unrealized holding gains (losses) on available-for-sale securities $ 1,400 $ (515 ) $ 4,051 $ 260 Reclassification adjustment for realized gains in net income (1) (1,201 ) (1 ) (1,201 ) (373 ) Other comprehensive income (loss) before income tax effect 199 (516 ) 2,850 (113 ) Income tax (expense) benefit (79 ) 204 (1,129 ) 45 Other comprehensive income (loss), net of tax effect $ 120 $ (312 ) $ 1,721 $ (68 ) (1) Reclassification adjustments are comprised of realized securities gains. The gains have been reclassified out of accumulated other comprehensive loss and have affected certain lines in the condensed consolidated statements of income as follows: the pre-tax amounts are included in gain on sales of securities, net, the tax expense in the amount of $477 thousand for the three and six months ended June 30, 2016 is included in provision for income taxes and the after tax amounts are included in net income.

Operating Segments

Operating Segments	6 Months Ended
	Jun. 30, 2016
Operating Segments	Note N—Operating Segments The Company has two reportable operating segments: Banking, which includes the activities of the Bank and its subsidiaries, excluding Charter Holding, and Wealth Management, which includes the activities of Charter Holding and its subsidiaries. Activities of the Company, which operates as the parent holding company of the Bank and its subsidiaries, and all financial activity between the Company and the Banking and Wealth Management segments are eliminated. The accounting policies of each reportable segment are the same as those of the Company. Income tax expense for the individual segments is calculated based on the activity of the segments. A summary of the Company’s operating segments is as follows: (Dollars in thousands) Banking Wealth Holding Eliminations Total Three Months Ended June 30, 2016 Net interest and dividend income (expense) $ 11,404 $ 5 $ (479 ) $ — $ 10,930 Provision for loan losses 121 — — — 121 Noninterest income 3,866 2,138 3,574 (3,840 ) 5,738 Noninterest expense 10,253 1,796 1,038 (47 ) 13,040 Income before provision for income taxes 4,896 347 2,057 (3,793 ) 3,507 Provision (benefit) for income taxes 1,322 128 (311 ) — 1,139 Net income $ 3,574 $ 219 $ 2,368 $ (3,793 ) $ 2,368 Total Assets $ 1,593,232 $ 24,075 $ 177,792 $ (204,435 ) $ 1,590,664 (Dollars in thousands) Banking Wealth Holding Eliminations Total Three Months Ended June 30, 2015 Net interest and dividend income (expense) $ 10,625 $ — $ (459 ) $ — $ 10,166 Provision for loan losses 215 — — — 215 Noninterest income 3,145 2,196 2,905 (3,202 ) 5,044 Noninterest expense 9,444 1,716 338 — 11,498 Income before provision for income taxes 4,111 480 2,108 (3,202 ) 3,497 Provision (benefit) for income taxes 1,206 183 (310 ) — 1,079 Net income $ 2,905 $ 297 $ 2,418 $ (3,202 ) $ 2,418 Total Assets $ 1,489,915 $ 20,151 $ 174,741 $ (173,303 ) $ 1,511,504 (Dollars in thousands) Banking Wealth Holding Eliminations Total Six Months Ended June 30, 2016 Net interest and dividend income (expense) $ 22,433 $ 10 $ (950 ) $ — $ 21,493 Provision for loan losses 232 — — — 232 Noninterest income 6,603 4,206 6,442 (6,934 ) 10,317 Noninterest expense 19,880 3,573 1,215 (87 ) 24,581 Income before provision for income taxes 8,924 643 4,277 (6,847 ) 6,997 Provision (benefit) for income taxes 2,483 237 (560 ) — 2,160 Net income $ 6,441 $ 406 $ 4,837 $ (6,847 ) $ 4,837 Total Assets $ 1,593,232 $ 24,075 $ 177,792 $ (204,435 ) $ 1,590,664 (Dollars in thousands) Banking Wealth Holding Eliminations Total Six Months Ended June 30, 2015 Net interest and dividend income (expense) $ 21,307 $ 7 $ (916 ) $ — $ 20,398 Provision for loan losses 419 — — — 419 Noninterest income 6,047 4,230 5,640 (6,117 ) 9,800 Noninterest expense 18,867 3,469 575 — 22,911 Income before provision for income taxes 8,068 768 4,149 (6,117 ) 6,868 Provision (benefit) for income taxes 2,428 291 (572 ) — 2,147 Net income $ 5,640 $ 477 $ 4,721 $ (6,117 ) $ 4,721 Total Assets $ 1,489,915 $ 20,151 $ 174,741 $ (173,303 ) $ 1,511,504

Merger Agreement

Merger Agreement	6 Months Ended
	Jun. 30, 2016
Merger Agreement	Note O—Merger Agreement On May 5, 2016, we announced the signing of a definitive merger agreement pursuant to which Bar Harbor Bankshares (“Bar Harbor”), the holding company for Bar Harbor Bank & Trust (the “Bank”), will acquire the Company, whereby the Company will merge with and into Bar Harbor (the “Merger”). Thereafter, pursuant to the terms of the plan of bank merger to be entered into by the Bank and Bar Harbor Bank, the Bank will merge with and into Bar Harbor Bank, with Bar Harbor Bank surviving. Under the terms of the merger agreement, each outstanding share of the Company common stock will be converted into the right to receive 0.4970 shares of Bar Harbor common stock. The transaction is expected to close in the fourth quarter of 2016 or first quarter of 2017, subject to customary closing conditions, including receipt of regulatory approvals and the approvals of the shareholders of the Company and Bar Harbor. If the merger is not consummated under certain circumstances, the Company has agreed to pay Bar Harbor a termination fee of $5.5 million.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events	Note P—Subsequent Events On July 11, 2016, the Company declared a regular quarterly cash dividend of $0.14 per common share payable July 29, 2016, to stockholders of record as of July 22, 2016.

Impact of New Accounting Stan26

Impact of New Accounting Standards (Policies)	6 Months Ended
	Jun. 30, 2016
Revenue from Contracts with Customers	In May 2014 and August 2015, respectively, the FASB issued ASU 2014-09 and 2015-14, “Revenue from Contracts with Customers (Topic 606).” The objective of ASU 2014-09 is to clarify principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards. The guidance in ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public entities, the amendments in ASU 2015-14 defer the effective date of ASU 2014-09 to interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted, but not before the original effective date (i.e., interim and annual reporting periods beginning after December 15, 2016). The Company is currently reviewing ASUs 2014-09 and 2015-14 to determine if they will have an impact on its consolidated financial statements.
Leases	In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” This ASU was issued to increase transparency and comparability among organizations by requiring reporting entities to recognize all leases, including operating, as lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments in this ASU are effective for public entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements.
Investments - Equity Method and Joint Ventures	In March 2016, the FASB issued ASU 2016-07, “Investments – Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting.” This ASU eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations and related retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments in this ASU are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. Earlier application is permitted. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements.
Compensation - Stock Compensation	In March 2016, the FASB issued ASU 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This ASU simplifies several areas of accounting for share-based compensation including accounting for income taxes, forfeitures and classification of excess tax benefits and employee taxes paid. The amendments in this ASU are effective for public business entities for fiscal years beginning after December 15, 2016, and interim periods within those annual periods. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements.
ASU 2016-01
Financial Instruments	In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Liabilities.” The amendments in this update make targeted improvements to GAAP as follows: 1. Require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. 2. Simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. 3. Eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. 4. Require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. 5. Require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. 6. Require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (that is, securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements. 7. Clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The standard is effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption of item 5 above is permitted for financial statements of fiscal years or interim periods that have not yet been issued. Early adoption of other items above is not permitted. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements.
ASU 2016-13
Financial Instruments	In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU replace the existing incurred loss impairment methodology in current U.S. 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 ASU covers expected credit losses on financial instruments and other commitments. The amendments in this ASU are effective for SEC filing public business entities for fiscal years beginning after December 15, 2019, and interim periods within those annual periods. The Company is still determining the impact of the adoption of this ASU and the related impact on its consolidated financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Assets Measured at Fair Value on Recurring Basis	The following summarizes assets and liabilities measured at fair value at June 30, 2016 and December 31, 2015. Assets Measured at Fair Value on a Recurring Basis Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, Quoted Prices in Significant Significant U.S. Treasury notes $ 35,267 $ — $ 35,267 $ — U.S. government-sponsored enterprise bonds 7,281 — 7,281 — Mortgage-backed securities 75,635 — 75,635 — Municipal bonds 28,496 — 28,496 — Other bonds and debentures 10,448 — 10,448 — Equity securities 297 297 — — Interest rate lock commitments 143 — — 143 Totals $ 157,567 $ 297 $ 157,127 $ 143 (Dollars in thousands) December 31, Quoted Prices in Significant Significant U.S. Treasury notes $ 34,939 $ — $ 34,939 $ — U.S. government-sponsored enterprise bonds 7,211 — 7,211 — Mortgage-backed securities 69,334 — 69,334 — Municipal bonds 8,304 — 8,304 — Other bonds and debentures 112 — 112 — Equity securities 298 298 — — Interest rate lock commitments 32 — — 32 Totals $ 120,230 $ 298 $ 119,900 $ 32
Liabilities Measured at Fair Value on Recurring Basis	Liabilities Measured at Fair Value on a Recurring Basis Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, 2016 Quoted Prices in Significant Significant Forward loan sale commitments $ 171 $ — $ — $ 171 $ 171 $ — $ — $ 171 Fair Value Measurements at Reporting Date Using: (Dollars in thousands) December 31, Quoted Prices in Significant Significant Forward loan sale commitments $ 14 $ — $ — $ 14 $ 14 $ — $ — $ 14
Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the changes in Level 3 assets and liabilities that were measured at fair value on a recurring basis for the periods indicated: (Dollars in thousands) Forward Loan Sale Interest Rate Lock Three months ended June 30, 2016 Balance as of March 31, 2016 $ (121 ) $ 104 Realized (loss) gain recognized in non-interest income (50 ) 143 Transfers to loans held for sale — (104 ) Balance as of June 30, 2016 $ (171 ) $ 143 (Dollars in thousands) Forward Loan Sale Interest Rate Lock Six months ended June 30, 2016 Balance as of December 31, 2015 $ (14 ) $ 32 Realized (loss) gain recognized in non-interest income (157 ) 247 Transfers to loans held for sale — (136 ) Balance as of June 30, 2016 $ (171 ) $ 143 (Dollars in thousands) Forward Loan Interest Rate Lock Three months ended June 30, 2015 Balance as of March 31, 2015 $ (128 ) $ 128 Realized (loss) gain recognized in non-interest income 168 90 Transfers to loans held for sale — (128 ) Balance as of June 30, 2015 $ 40 $ 90 (Dollars in thousands) Forward Loan Interest Rate Lock Six months ended June 30, 2015 Balance as of December 31, 2014 $ — $ — Realized (loss) gain recognized in non-interest income 40 218 Transfers to loans held for sale — (128 ) Balance as of June 30, 2015 $ 40 $ 90
Assets Measured at Fair Value on Non-recurring Basis	Assets Measured at Fair Value on a Nonrecurring Basis Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, Quoted Prices in Significant Significant Impaired loans $ 1,585 $ — $ — $ 1,585 Mortgage servicing rights 2,057 — — 2,057 Other real estate owned 335 — — 335 $ 3,977 $ — $ — $ 3,977 (Dollars in thousands) December 31, Quoted Prices in Significant Significant Impaired loans $ 5,905 $ — $ — $ 5,905 Mortgage servicing rights 2,441 — — 2,441 Other real estate owned 904 — — 904 $ 9,250 $ — $ — $ 9,250
Estimated Fair Values of Company's Financial Instruments	The estimated fair values of the Company’s financial instruments at June 30, 2016 and December 31, 2015, all of which are held or issued for purposes other than trading, were as follows: Fair Value Measurements at Reporting Date Using: (Dollars in thousands) June 30, 2016 Carrying Quoted Prices Significant Significant Total Financial assets: Cash and cash equivalents $ 54,629 $ 54,629 $ — $ — $ 54,629 Securities available-for-sale 157,424 297 157,127 — 157,424 Federal Home Loan Bank stock 13,713 13,713 — — 13,713 Loans held-for-sale 3,573 — 3,608 — 3,608 Loans, net 1,233,871 — — 1,246,530 1,246,530 Investment in unconsolidated subsidiaries 620 — — 501 501 Accrued interest receivable 3,799 3,799 — — 3,799 Interest rate lock commitments 143 — — 143 143 Financial liabilities: Deposits 1,148,334 — 1,149,975 — 1,149,975 Federal Home Loan Bank advances 226,178 — 227,269 — 227,269 Securities sold under agreements to repurchase 20,540 20,540 — — 20,540 Subordinated debentures 36,910 — — 33,875 33,875 Forward loan sale commitments 171 — — 171 171 Fair Value Measurements at Reporting Date Using: (Dollars in thousands) December 31, 2015 Carrying Quoted Prices Significant Significant Total Financial assets: Cash and cash equivalents $ 42,566 $ 42,566 $ — $ — $ 42,566 Securities available-for-sale 120,198 298 119,900 — 120,198 Federal Home Loan Bank stock 9,963 9,963 — — 9,963 Loans held-for-sale 2,188 — 2,202 — 2,202 Loans, net 1,217,461 — — 1,215,166 1,215,166 Investment in unconsolidated subsidiaries 620 — — 349 349 Accrued interest receivable 2,431 2,431 — — 2,431 Interest rate lock commitments 32 — — 32 32 Financial liabilities: Deposits 1,157,352 — 1,157,080 — 1,157,080 Federal Home Loan Bank advances 150,000 — 150,312 — 150,312 Securities sold under agreements to repurchase 17,957 17,957 — — 17,957 Subordinated debentures 36,873 — — 27,983 27,983 Forward loan sale commitments 14 — — 14 14

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2016
Amortized Cost basis of Securities Available-for-Sale and Approximate Fair Values	The amortized cost basis of securities available-for-sale and their approximate fair values at June 30, 2016 and December 31, 2015 are summarized as follows: (Dollars in thousands) June 30, 2016 Amortized Gross Gross Fair Value Bonds and notes U.S. Treasury notes $ 35,231 $ 37 $ 1 $ 35,267 U.S. government-sponsored enterprise bonds 7,284 2 5 7,281 Mortgage-backed securities 74,815 859 39 75,635 Municipal bonds 28,226 362 92 28,496 Other bonds and debentures 10,102 347 1 10,448 Equity securities 258 49 10 297 Total available-for-sale $ 155,916 $ 1,656 $ 148 $ 157,424 (Dollars in thousands) December 31, 2015 Amortized Gross Gross Fair Value Bonds and notes U.S. Treasury notes $ 35,282 $ — $ 343 $ 34,939 U.S. government-sponsored enterprise bonds 7,305 1 95 7,211 Mortgage-backed securities 70,169 14 849 69,334 Municipal bonds 8,418 34 148 8,304 Other bonds and debentures 108 4 — 112 Equity securities 258 49 9 298 Total available-for-sale $ 121,540 $ 102 $ 1,444 $ 120,198
Maturities of Debt Securities, Excluding Mortgage-Backed Securities	Maturities of debt securities, excluding mortgage-backed securities, classified as available-for-sale are as follows as of June 30, 2016: (Dollars in thousands) Fair Value Other bonds and debentures $ 85 Total due in less than one year $ 85 U.S. Treasury notes $ 35,267 U.S. government-sponsored enterprise bonds 7,000 Municipal bonds 6,108 Total due after one year through five years $ 48,375 U.S. government-sponsored enterprise bonds $ 128 Municipal bonds 21,132 Other bonds and debentures 10,345 Total due after five years through ten years $ 31,605 U.S. government-sponsored enterprise bonds $ 153 Municipal bonds 1,256 Other bonds and debentures 18 Total due after ten years $ 1,427

Impairment of Securities (Table

Impairment of Securities (Tables)	6 Months Ended
	Jun. 30, 2016
Aggregate Fair Value and Unrealized Losses of Securities that have been in Continuous Unrealized-Loss Position	The aggregate fair value and unrealized losses of securities that have been in a continuous unrealized loss position for less than 12 months and for 12 months or more, and are not other-than-temporarily impaired, are as follows as of the dates indicated: Less than 12 Months 12 Months or Longer Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized June 30, 2016: Bonds and notes— U.S. Treasury notes $ 15,011 $ 1 $ — $ — $ 15,011 $ 1 U.S. Government-sponsored enterprise bonds — — 153 5 153 5 Mortgage-backed securities — — 5,486 39 5,486 39 Municipal bonds — — 2,216 92 2,216 92 Other bonds and debentures 85 1 — — 85 1 Equity securities 28 3 35 7 63 10 Total temporarily impaired securities $ 15,124 $ 5 $ 7,890 $ 143 $ 23,014 $ 148 December 31, 2015: Bonds and notes— U.S. Treasury notes $ 24,817 $ 199 $ 10,122 $ 144 $ 34,939 $ 343 U.S. Government-sponsored enterprise bonds 2,967 33 4,101 62 7,068 95 Mortgage-backed securities 56,351 592 11,681 257 68,032 849 Municipal bonds 1,420 38 2,208 110 3,628 148 Equity securities 53 9 — — 53 9 Total temporarily impaired securities $ 85,608 $ 871 $ 28,112 $ 573 $ 113,720 $ 1,444

Loan Portfolio (Tables)

Loan Portfolio (Tables)	6 Months Ended
	Jun. 30, 2016
Loans Receivable	Loans receivable consisted of the following as of the dates indicated: June 30, 2016 (Dollars in thousands) Originated Acquired Total Real estate loans: Conventional $ 613,087 $ 39,739 $ 652,826 Home equity 68,245 4,998 73,243 Commercial 278,633 57,190 335,823 Construction 19,850 1,218 21,068 979,815 103,145 1,082,960 Commercial and municipal loans 140,415 9,157 149,572 Consumer loans 4,836 863 5,699 Total loans 1,125,066 113,165 1,238,231 Allowance for loan losses (8,506 ) (259 ) (8,765 ) Deferred loan origination costs, net 4,405 — 4,405 Loans receivable, net $ 1,120,965 $ 112,906 $ 1,233,871 December 31, 2015 (Dollars in thousands) Originated Acquired Total Real estate loans: Conventional $ 600,763 $ 41,895 $ 642,658 Home equity 66,708 5,547 72,255 Commercial 259,834 63,434 323,268 Construction 33,663 1,255 34,918 960,968 112,131 1,073,099 Commercial and municipal loans 133,596 8,925 142,521 Consumer loans 5,411 1,077 6,488 Total loans 1,099,975 122,133 1,222,108 Allowance for loan losses (8,607 ) (298 ) (8,905 ) Deferred loan origination costs, net 4,258 — 4,258 Loans receivable, net $ 1,095,626 $ 121,835 $ 1,217,461
Allowance for Loan Losses by Portfolio Segment	The following tables set forth information regarding the allowance for loan losses by portfolio segment as of and for the periods ending on the dates indicated: Real Estate (Dollars in thousands) June 30, 2016 Conventional Commercial Construction Commercial Consumer Unallocated Total Allowance for loan losses: Originated: Beginning balance, December 31, 2015 $ 4,197 $ 2,884 $ 197 $ 1,199 $ 68 $ 62 $ 8,607 Charge-offs (94 ) (242 ) — (39 ) (163 ) — (538 ) Recoveries 23 — — 44 102 — 169 Provision (benefit) 422 (256 ) (51 ) 7 71 75 268 Ending balance, June 30, 2016 $ 4,548 $ 2,386 $ 146 $ 1,211 $ 78 $ 137 $ 8,506 Acquired: Beginning balance, December 31, 2015 $ 63 $ 190 $ 21 $ 24 $ — $ — $ 298 Charge-offs (37 ) — — — (1 ) — (38 ) Recoveries 27 — — 2 6 — 35 (Benefit) provision (29 ) (10 ) 16 (8 ) (5 ) — (36 ) Ending balance, June 30, 2016 $ 24 $ 180 $ 37 $ 18 $ — $ — $ 259 Originated: Individually evaluated for impairment $ 129 $ 108 $ — $ — $ — $ — $ 237 Collectively evaluated for impairment 4,419 2,278 146 1,211 78 137 8,269 Acquired loans (Discounts related to Credit Quality) 24 180 37 18 — — 259 Total allowance for loan losses ending balance, June 30, 2016 $ 4,572 $ 2,566 $ 183 $ 1,229 $ 78 $ 137 $ 8,765 Loans: Originated: Individually evaluated for impairment $ 5,173 $ 4,417 $ 432 $ 172 $ — $ — $ 10,194 Collectively evaluated for impairment 676,159 274,216 19,418 140,243 4,836 — 1,114,872 Acquired loans (Discounts related to Credit Quality) 44,737 57,190 1,218 9,157 863 — 113,165 Total loans ending balance, June 30, 2016 $ 726,069 $ 335,823 $ 21,068 $ 149,572 $ 5,699 $ — $ 1,238,231 Real Estate (Dollars in thousands) June 30, 2015 Conventional Commercial Construction Commercial Consumer Unallocated Total Allowance for loan losses: Originated: Beginning balance, December 31, 2014 $ 4,763 $ 2,724 $ 991 $ 635 $ 86 $ 70 $ 9,269 Charge-offs (281 ) — — (884 ) (135 ) — (1,300 ) Recoveries 8 — — 465 78 — 551 Provision (benefit) 119 (285 ) 61 417 53 54 419 Ending balance, June 30, 2015 $ 4,609 $ 2,439 $ 1,052 $ 633 $ 82 $ 124 $ 8,939 Acquired: Beginning balance, December 31, 2014 $ — $ — $ — $ — $ — $ — $ — Charge-offs — — — — — — — Recoveries — — — — — — — Provision (benefit) — — — — — — — Ending balance, June 30, 2015 $ — $ — $ — $ — $ — $ — $ — Originated: Individually evaluated for impairment $ 193 $ 75 $ 12 $ 4 $ — $ — $ 284 Collectively evaluated for impairment 4,416 2,364 1,040 629 82 124 8,655 Acquired loans (Discounts related to Credit Quality) — — — — — — — Total allowance for loan losses ending balance, June 30, 2015 $ 4,609 $ 2,439 $ 1,052 $ 633 $ 82 $ 124 $ 8,939 Loans: Originated: Individually evaluated for impairment $ 6,573 $ 3,542 $ 451 $ 431 $ — $ — $ 10,997 Collectively evaluated for impairment 643,758 233,619 41,247 126,699 6,549 — 1,051,872 Acquired loans (Discounts related to Credit Quality) 53,123 69,911 1,405 11,395 1,352 — 137,186 Total loans ending balance, June 30, 2015 $ 703,454 $ 307,072 $ 43,103 $ 138,525 $ 7,901 $ — $ 1,200,055 Real Estate (Dollars in thousands) December 31, 2015 Conventional Commercial Construction Commercial Consumer Unallocated Total Allowance for loan losses: Originated: Individually evaluated for impairment $ 200 $ 133 $ 15 $ 7 $ — $ — $ 355 Collectively evaluated for impairment 3,997 2,751 182 1,192 68 62 8,252 Acquired loans (Discounts related to Credit Quality) 63 190 21 24 — — 298 Total allowance for loan losses ending balance, December 31, 2015 $ 4,260 $ 3,074 $ 218 $ 1,223 $ 68 $ 62 $ 8,905 Loans: Originated: Individually evaluated for impairment $ 6,707 $ 5,078 $ 442 $ 732 $ — $ — $ 12,959 Collectively evaluated for impairment 660,764 254,756 33,221 132,864 5,411 — 1,087,016 Acquired loans (Discounts related to Credit Quality) 47,442 63,434 1,255 8,925 1,077 — 122,133 Total loans ending balance, December 31, 2015 $ 714,913 $ 323,268 $ 34,918 $ 142,521 $ 6,488 $ — $ 1,222,108
Nonaccrual Loans and Past-due Loans	The following tables set forth information regarding nonaccrual loans and past-due loans as of the dates indicated: June 30, 2016 (Dollars in thousands) 30-59 Days 60-89 Days 90 Days or Total Past Nonaccrual Originated: Real estate: Conventional $ 216 $ 1,587 $ 1,156 $ 2,959 $ 2,673 Home equity 480 — 115 595 115 Commercial 1,317 212 885 2,414 1,947 Construction 540 — — 540 — Commercial and municipal 427 73 2 502 91 Consumer (including credit card) 42 1 — 43 — Total $ 3,022 $ 1,873 $ 2,158 $ 7,053 $ 4,826 Acquired: Real estate: Conventional $ 176 $ 341 $ 335 $ 852 $ 363 Home equity — — — — — Commercial 201 30 603 834 603 Construction — — — — — Commercial and municipal 226 — 75 301 75 Consumer (including credit card) — — — — — Total $ 603 $ 371 $ 1,013 $ 1,987 $ 1,041 Total: Real estate: Conventional $ 392 $ 1,928 $ 1,491 $ 3,811 $ 3,036 Home equity 480 — 115 595 115 Commercial 1,518 242 1,488 3,248 2,550 Construction 540 — — 540 — Commercial and municipal 653 73 77 803 166 Consumer (including credit card) 42 1 — 43 — Total $ 3,625 $ 2,244 $ 3,171 $ 9,040 $ 5,867 December 31, 2015 (Dollars in thousands) 30-59 Days 60-89 Days 90 Days or Total Past Nonaccrual Originated: Real estate: Conventional $ 1,644 $ 1,309 $ 1,454 $ 4,407 $ 2,310 Home equity 180 — 166 346 166 Commercial 1,028 482 309 1,819 1,565 Construction 24 — — 24 — Commercial and municipal 89 50 584 723 584 Consumer (including credit card) 16 7 — 23 — Total $ 2,981 $ 1,848 $ 2,513 $ 7,342 $ 4,625 Acquired: Real estate: Conventional $ 514 $ 238 $ 654 $ 1,406 $ 707 Home equity 12 — 17 29 17 Commercial 386 — 677 1,063 677 Construction — — — — — Commercial and municipal 5 — — 5 — Consumer (including credit card) 6 12 — 18 — Total $ 923 $ 250 $ 1,348 $ 2,521 $ 1,401 Total: Real estate: Conventional $ 2,158 $ 1,547 $ 2,108 $ 5,813 $ 3,017 Home equity 192 — 183 375 183 Commercial 1,414 482 986 2,882 2,242 Construction 24 — — 24 — Commercial and municipal 94 50 584 728 584 Consumer (including credit card) 22 19 — 41 — Total $ 3,904 $ 2,098 $ 3,861 $ 9,863 $ 6,026
Troubled Debt Restructuring	The following tables present the recorded investment in troubled debt restructured (“TDR”) loans as of June 30, 2016 and December 31, 2015 based on payment performance status: June 30, 2016 Real Estate (Dollars in thousands) Conventional Commercial Construction Commercial Total Performing $ 2,635 $ 2,605 $ 432 $ 81 $ 5,753 Non-performing 1,918 275 — 15 2,208 Total $ 4,553 $ 2,880 $ 432 $ 96 $ 7,961 December 31, 2015 Real Estate (Dollars in thousands) Conventional Commercial Construction Commercial Total Performing $ 3,506 $ 2,836 $ 442 $ 149 $ 6,933 Non-performing 1,160 285 — — 1,445 Total $ 4,666 $ 3,121 $ 442 $ 149 $ 8,378
Pre-Modification Balance Information on how Loans were Modified as TDRs	The following table presents pre-modification balance information on how loans were modified as TDRs during the six months ended June 30, 2016: (Dollars in thousands) Interest Combination of Total Real estate: Commercial $ 45 $ 193 $ 238 Total TDRs $ 45 $ 193 $ 238 The following table presents pre-modification balance information on how loans were modified as TDRs during the six months ended June 30, 2015: (Dollars in thousands) Extended Combination of Combination of Interest Total Real estate: Conventional $ 80 $ 267 $ 423 $ — $ 770 Commercial and municipal — — — 7 7 Total TDRs $ 80 $ 267 $ 423 $ 7 $ 777
Summary of Troubled Debt Restructurings that Occurred During Periods	The following table summarizes TDRs that occurred during the periods indicated: (Dollars in thousands) Number of Pre-Modification Post-Modification June 30, 2016: Troubled Debt Restructurings: Real estate: Commercial 2 $ 238 $ 238 2 $ 238 $ 238 (Dollars in thousands) Number of Pre-Modification Post-Modification June 30, 2015: Troubled Debt Restructurings: Real estate: Conventional 5 $ 770 $ 770 Commercial and municipal 1 7 7 6 $ 777 $ 777
Loans that Meet Definition of Impaired Loan	Information about loans that meet the definition of an impaired loan in ASC 310-10-35, “Receivables-Overall-Subsequent Measurement,” is as follows as of June 30, 2016: (Dollars in thousands) Recorded Unpaid Related With no related allowance recorded: Real estate: Conventional $ 4,141 $ 4,627 $ — Home equity 132 211 — Commercial 3,495 4,168 — Construction 432 467 — Commercial and municipal 172 196 — Total impaired with no related allowance 8,372 9,669 — With an allowance recorded: Real estate: Conventional 900 925 129 Commercial 922 923 108 Total impaired with an allowance recorded 1,822 1,848 237 Total: Real estate: Conventional 5,041 5,552 129 Home equity 132 211 — Commercial 4,417 5,091 108 Construction 432 467 — Commercial and municipal 172 196 — Total impaired loans $ 10,194 $ 11,517 $ 237 Information about loans that meet the definition of an impaired loan in ASC 310-10-35 is as follows as of December 31, 2015: (Dollars in thousands) Recorded Unpaid Related With no related allowance recorded: Real estate: Conventional $ 3,175 $ 3,895 $ — Home equity 213 340 — Commercial 2,589 3,028 — Construction — — — Commercial and municipal 691 696 — Total impaired with no related allowance 6,668 7,959 — With an allowance recorded: Real estate: Conventional 3,319 3,548 231 Commercial 2,489 2,546 133 Construction 442 476 15 Commercial and municipal 41 42 7 Total impaired with an allowance recorded 6,291 6,612 386 Total: Real estate: Conventional 6,494 7,443 231 Home equity 213 340 — Commercial 5,078 5,574 133 Construction 442 476 15 Commercial and municipal 732 738 7 Total impaired loans $ 12,959 $ 14,571 $ 386
Summary of Average Recorded Investment and Interest Income Recognized	The following is a summary of the average recorded investment and interest income recognized on impaired loans for the six months ended June 30, 2016 and 2015: Six months ended June 30, 2016 Six months ended June 30, 2015 (Dollars in thousands) Average Interest Average Interest With no related allowance recorded: Real estate: Conventional $ 4,322 $ 74 $ 4,505 $ 56 Home equity 155 1 170 — Commercial 3,704 77 4,044 33 Construction 437 10 503 — Commercial and municipal 178 6 543 7 Total impaired with no related allowance 8,796 168 9,765 96 With an allowance recorded: Real estate: Conventional 862 13 1,598 56 Commercial 933 20 899 30 Construction — — 227 9 Commercial and municipal 29 — 24 4 Total impaired with an allowance recorded 1,824 33 2,748 99 Total: Real estate: Conventional 5,184 87 6,103 112 Home equity 155 1 170 — Commercial 4,637 97 4,943 63 Construction 437 10 730 9 Commercial and municipal 207 6 567 11 Total impaired loans $ 10,620 $ 201 $ 12,513 $ 195
Accretable Yield Purchased Credit Impaired Loans	The following table presents the Company’s activity in the accretable yield for the purchased credit impaired loans for the periods indicated: Three months ended June 30, (Dollars in thousands) 2016 2015 Accretable yield at the beginning of the period $ 1,939 $ 2,125 Reclassification from nonaccretable difference for loans with improved cash flows — — Accretion (655 ) (323 ) Change in cash flows that do not affect nonaccretable difference — — Accretable yield at the end of the period $ 1,284 $ 1,802 Six months ended June 30, (Dollars in thousands) 2016 2015 Accretable yield at the beginning of the period $ 2,213 $ 2,125 Reclassification from nonaccretable difference for loans with improved cash flows 13 — Accretion (691 ) (323 ) Change in cash flows that do not affect nonaccretable difference (251 ) — Accretable yield at the end of the period $ 1,284 $ 1,802
Company's Loans by Risk Ratings	The following tables present the Company’s loans by risk ratings as of the dates indicated: June 30, 2016 Real Estate (Dollars in thousands) Conventional Commercial Construction Commercial Consumer Total Originated: Grade: Pass $ — $ 245,849 $ 6,819 $ 119,749 $ — $ 372,417 Special mention — 4,198 9 105 — 4,312 Substandard 4,135 9,489 553 441 — 14,618 Loans not formally rated 677,197 19,097 12,469 20,120 4,836 733,719 Total $ 681,332 $ 278,633 $ 19,850 $ 140,415 $ 4,836 $ 1,125,066 Acquired: Grade: Pass $ — $ 50,942 $ 1,021 $ 8,322 $ — $ 60,285 Special mention — 1,678 — — — 1,678 Substandard 587 3,430 91 458 — 4,566 Loans not formally rated 44,150 1,140 106 377 863 46,636 Total $ 44,737 $ 57,190 $ 1,218 $ 9,157 $ 863 $ 113,165 Total: Grade: Pass $ — $ 296,791 $ 7,840 $ 128,071 $ — $ 432,702 Special mention — 5,876 9 105 — 5,990 Substandard 4,722 12,919 644 899 — 19,184 Loans not formally rated 721,347 20,237 12,575 20,497 5,699 780,355 Total $ 726,069 $ 335,823 $ 21,068 $ 149,572 $ 5,699 $ 1,238,231 December 31, 2015 Real Estate: (Dollars in thousands) Conventional and Commercial Construction Commercial and Consumer Total Originated: Grade: Pass $ — $ 222,466 $ 19,208 $ 111,653 $ — $ 353,327 Special mention — 4,278 18 112 — 4,408 Substandard 5,272 7,670 567 416 — 13,925 Loans not formally rated 662,199 25,420 13,870 21,415 5,411 728,315 Total $ 667,471 $ 259,834 $ 33,663 $ 133,596 $ 5,411 $ 1,099,975 Acquired: Grade: Pass $ — $ 56,212 $ 1,047 $ 8,031 $ — $ 65,290 Special mention — 1,643 — — — 1,643 Substandard 1,038 4,097 92 509 — 5,736 Loans not formally rated 46,404 1,482 116 385 1,077 49,464 Total $ 47,442 $ 63,434 $ 1,255 $ 8,925 $ 1,077 $ 122,133 Total: Grade: Pass $ — $ 278,678 $ 20,255 $ 119,684 $ — $ 418,617 Special mention — 5,921 18 112 — 6,051 Substandard 6,310 11,767 659 925 — 19,661 Loans not formally rated 708,603 26,902 13,986 21,800 6,488 777,779 Total $ 714,913 $ 323,268 $ 34,918 $ 142,521 $ 6,488 $ 1,222,108
Amount of Loans Sold and Participated	The amount of loans sold and participated out which are serviced by the Company is as follows for the periods indicated: (Dollars in thousands) June 30, December 31, Sold loans $ 451,834 $ 445,855
Analysis of Aggregate Changes in Valuation Allowances for Capitalized Servicing Rights	Following table is an analysis of the aggregate changes in the valuation allowance for capitalized servicing rights during the periods indicated: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2016 2015 2016 2015 Balance, beginning of period $ 198 $ 63 $ 73 $ 19 Increase (decrease) 67 (4 ) 192 40 Balance, end of period $ 265 $ 59 $ 265 $ 59

Securities Sold Under Agreeme31

Securities Sold Under Agreements to Repurchase (Tables)	6 Months Ended
	Jun. 30, 2016
Short-term Collateralized Financing Obtained through Repurchase Agreements and Related Collateral	The following table represents the Company’s short-term collateralized financing obtained through repurchase agreements and the related collateral pledged as of the periods indicated: (Dollars in thousands) June 30, December 31, Repurchase agreements collateral U.S. Treasury notes $ 2,519 $ 20,973 U.S. government-sponsored enterprise bonds 376 414 Mortgage-backed securities 24,187 2,896 Municipal bonds 746 729 Total $ 27,828 $ 25,012 Repurchase agreements $ 20,540 $ 17,957

Pension Benefits (Tables)

Pension Benefits (Tables)	6 Months Ended
	Jun. 30, 2016
Net Periodic Pension Cost	The following summarizes the net periodic pension cost for the periods indicated: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2016 2015 2016 2015 Interest cost $ 93 $ 93 $ 185 $ 187 Expected return on plan assets (189 ) (160 ) (377 ) (321 ) Amortization of unrecognized net loss 96 89 192 178 Net periodic pension cost $ — $ 22 $ — $ 44

Derivative Instruments and He33

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Values of Derivative Instruments	The following table summarizes the fair values of derivative instruments in the consolidated balance sheet as of the periods indicated: June 30, 2016 (Dollars in thousands) Notional Fair Value Interest rate lock commitments $ 15,545 $ 143 Forward loan sale commitments $ 15,880 $ (171 ) December 31, 2015 (Dollars in thousands) Notional Fair Value Interest rate lock commitments $ 4,623 $ 32 Forward loan sale commitments $ 5,135 $ (14 )

Earnings Per Share ("EPS") (Tab

Earnings Per Share ("EPS") (Tables)	6 Months Ended
	Jun. 30, 2016
Basic and Diluted Earnings Per Common Share	The following is a reconciliation of the numerators and denominators used in the calculation of Basic and Diluted EPS for the six months ended June 30, 2016 and 2015: For the three months For the six months (Dollars in thousands, except per share data) 2016 2015 2016 2015 Net income as reported $ 2,368 $ 2,418 $ 4,837 $ 4,721 Cumulative preferred stock dividend earned — (20 ) — (40 ) Dividends and undistributed earnings allocated to participating shares (25 ) — (52 ) — Net income applicable to common stock $ 2,343 $ 2,398 $ 4,785 $ 4,681 Weighted average common shares outstanding for basic EPS 8,298,504 8,285,521 8,292,397 8,273,519 Effect of dilutive equity-based awards — 13,063 653 13,685 Weighted average common shares outstanding for dilutive EPS 8,298,504 8,298,584 8,293,050 8,287,204 Earnings per common share – basic $ 0.28 $ 0.29 $ 0.58 $ 0.57 Earnings per common share – diluted $ 0.28 $ 0.29 $ 0.58 $ 0.56

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss consists of the following: (Dollars in thousands) As of June 30, December 31, Net unrealized holding gain (loss) on available-for-sale securities, net of tax $ 911 $ (810 ) Unrecognized net actuarial loss, defined benefit pension plan, net of tax (3,040 ) (3,040 ) Accumulated other comprehensive loss $ (2,129 ) $ (3,850 )
Reclassification Disclosure of Other Comprehensive Income (Loss)	Reclassification disclosures for the periods ended June 30, 2016 and 2015 follow: (Dollars in thousands) For the three months ended June 30, For the six months ended June 30, 2016 2015 2016 2015 Net unrealized holding gains (losses) on available-for-sale securities $ 1,400 $ (515 ) $ 4,051 $ 260 Reclassification adjustment for realized gains in net income (1) (1,201 ) (1 ) (1,201 ) (373 ) Other comprehensive income (loss) before income tax effect 199 (516 ) 2,850 (113 ) Income tax (expense) benefit (79 ) 204 (1,129 ) 45 Other comprehensive income (loss), net of tax effect $ 120 $ (312 ) $ 1,721 $ (68 ) (1) Reclassification adjustments are comprised of realized securities gains. The gains have been reclassified out of accumulated other comprehensive loss and have affected certain lines in the condensed consolidated statements of income as follows: the pre-tax amounts are included in gain on sales of securities, net, the tax expense in the amount of $477 thousand for the three and six months ended June 30, 2016 is included in provision for income taxes and the after tax amounts are included in net income.

Operating Segments (Tables)

Operating Segments (Tables)	6 Months Ended
	Jun. 30, 2016
Summary of Operating Segments	A summary of the Company’s operating segments is as follows: (Dollars in thousands) Banking Wealth Holding Eliminations Total Three Months Ended June 30, 2016 Net interest and dividend income (expense) $ 11,404 $ 5 $ (479 ) $ — $ 10,930 Provision for loan losses 121 — — — 121 Noninterest income 3,866 2,138 3,574 (3,840 ) 5,738 Noninterest expense 10,253 1,796 1,038 (47 ) 13,040 Income before provision for income taxes 4,896 347 2,057 (3,793 ) 3,507 Provision (benefit) for income taxes 1,322 128 (311 ) — 1,139 Net income $ 3,574 $ 219 $ 2,368 $ (3,793 ) $ 2,368 Total Assets $ 1,593,232 $ 24,075 $ 177,792 $ (204,435 ) $ 1,590,664 (Dollars in thousands) Banking Wealth Holding Eliminations Total Three Months Ended June 30, 2015 Net interest and dividend income (expense) $ 10,625 $ — $ (459 ) $ — $ 10,166 Provision for loan losses 215 — — — 215 Noninterest income 3,145 2,196 2,905 (3,202 ) 5,044 Noninterest expense 9,444 1,716 338 — 11,498 Income before provision for income taxes 4,111 480 2,108 (3,202 ) 3,497 Provision (benefit) for income taxes 1,206 183 (310 ) — 1,079 Net income $ 2,905 $ 297 $ 2,418 $ (3,202 ) $ 2,418 Total Assets $ 1,489,915 $ 20,151 $ 174,741 $ (173,303 ) $ 1,511,504 (Dollars in thousands) Banking Wealth Holding Eliminations Total Six Months Ended June 30, 2016 Net interest and dividend income (expense) $ 22,433 $ 10 $ (950 ) $ — $ 21,493 Provision for loan losses 232 — — — 232 Noninterest income 6,603 4,206 6,442 (6,934 ) 10,317 Noninterest expense 19,880 3,573 1,215 (87 ) 24,581 Income before provision for income taxes 8,924 643 4,277 (6,847 ) 6,997 Provision (benefit) for income taxes 2,483 237 (560 ) — 2,160 Net income $ 6,441 $ 406 $ 4,837 $ (6,847 ) $ 4,837 Total Assets $ 1,593,232 $ 24,075 $ 177,792 $ (204,435 ) $ 1,590,664 (Dollars in thousands) Banking Wealth Holding Eliminations Total Six Months Ended June 30, 2015 Net interest and dividend income (expense) $ 21,307 $ 7 $ (916 ) $ — $ 20,398 Provision for loan losses 419 — — — 419 Noninterest income 6,047 4,230 5,640 (6,117 ) 9,800 Noninterest expense 18,867 3,469 575 — 22,911 Income before provision for income taxes 8,068 768 4,149 (6,117 ) 6,868 Provision (benefit) for income taxes 2,428 291 (572 ) — 2,147 Net income $ 5,640 $ 477 $ 4,721 $ (6,117 ) $ 4,721 Total Assets $ 1,489,915 $ 20,151 $ 174,741 $ (173,303 ) $ 1,511,504

Nature of Operations - Addition

Nature of Operations - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2016LocationSegmentEntity
Organization And Nature Of Business [Line Items]
Number of wholly owned subsidiaries | Entity	4
Number of reportable segments | Segment	2
New Hampshire in Grafton, Hillsborough, Merrimack and Sullivan counties
Organization And Nature Of Business [Line Items]
Number of Locations operated through direct and indirect subsidiaries	26
Vermont in Orange, Rutland and Windsor counties
Organization And Nature Of Business [Line Items]
Number of Locations operated through direct and indirect subsidiaries	14

Assets Measured at Fair Value o

Assets Measured at Fair Value on Recurring Basis (Detail) - Fair value on recurring basis - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	$ 157,567	$ 120,230
U.S. Treasury notes
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	35,267	34,939
U.S. Government-sponsored enterprise bonds
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	7,281	7,211
Mortgage-backed securities
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	75,635	69,334
Municipal bonds
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	28,496	8,304
Other bonds and debentures
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	10,448	112
Equity securities
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	297	298
Interest Rate Lock Commitments
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	143	32
Quoted Prices in Active Markets for Identical Assets Level 1
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	297	298
Quoted Prices in Active Markets for Identical Assets Level 1 | Equity securities
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	297	298
Significant Other Observable Inputs Level 2
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	157,127	119,900
Significant Other Observable Inputs Level 2 | U.S. Treasury notes
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	35,267	34,939
Significant Other Observable Inputs Level 2 | U.S. Government-sponsored enterprise bonds
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	7,281	7,211
Significant Other Observable Inputs Level 2 | Mortgage-backed securities
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	75,635	69,334
Significant Other Observable Inputs Level 2 | Municipal bonds
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	28,496	8,304
Significant Other Observable Inputs Level 2 | Other bonds and debentures
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	10,448	112
Significant Unobservable Inputs Level 3
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	143	32
Significant Unobservable Inputs Level 3 | Interest Rate Lock Commitments
Assets measured at fair value on a recurring basis
Fair Value Assets, Total	$ 143	$ 32

Liabilities Measured at Fair Va

Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Liabilities measured at fair value on a recurring basis
Forward loan sale commitments, liability	$ 171	$ 14
Fair value on recurring basis
Liabilities measured at fair value on a recurring basis
Forward loan sale commitments, liability	171	14
Fair Value Liabilities, Total	171	14
Significant Unobservable Inputs Level 3
Liabilities measured at fair value on a recurring basis
Forward loan sale commitments, liability	171	14
Significant Unobservable Inputs Level 3 | Fair value on recurring basis
Liabilities measured at fair value on a recurring basis
Forward loan sale commitments, liability	171	14
Fair Value Liabilities, Total	$ 171	$ 14

Changes in Level 3 Assets and L

Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair value on recurring basis - Significant Unobservable Inputs Level 3 - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Forward loan sale commitments
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ (121)	$ (128)	$ (14)
Realized (loss) gain recognized in non-interest income	(50)	168	(157)	$ 40
Ending Balance	(171)	40	(171)	40
Interest Rate Lock Commitments
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	104	128	32
Realized (loss) gain recognized in non-interest income	143	90	247	218
Transfers to loans held for sale	(104)	(128)	(136)	(128)
Ending Balance	$ 143	$ 90	$ 143	$ 90

Financial Instruments Measured

Financial Instruments Measured at Fair Value on Non-recurring Basis (Detail) - Fair value on nonrecurring basis - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 1,585	$ 5,905
Mortgage servicing rights	2,057	2,441
Other real estate owned	335	904
Totals	3,977	9,250
Significant Unobservable Inputs Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,585	5,905
Mortgage servicing rights	2,057	2,441
Other real estate owned	335	904
Totals	$ 3,977	$ 9,250

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Valuation allowance	$ 237	$ 386
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount for appraisal of Collateral dependent loans	25.00%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount for appraisal of Collateral dependent loans	40.00%
Using the fair value of the collateral
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans and leases recorded investment		6,300
Valuation allowance		$ 386
Discounted Cash Flows Valuation Technique
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans and leases recorded investment	$ 1,800
Valuation allowance	$ 237

Estimated Fair Values of Compan

Estimated Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financial assets:
Securities available-for-sale	$ 157,424	$ 120,198
Interest rate lock commitments	143	32
Financial liabilities:
Forward loan sale commitments	171	14
Quoted Prices in Active Markets for Identical Assets Level 1
Financial assets:
Cash and cash equivalents	54,629	42,566
Securities available-for-sale	297	298
Federal Home Loan Bank stock	13,713	9,963
Accrued interest receivable	3,799	2,431
Financial liabilities:
Securities sold under agreements to repurchase	20,540	17,957
Significant Other Observable Inputs Level 2
Financial assets:
Securities available-for-sale	157,127	119,900
Loans held-for-sale	3,608	2,202
Financial liabilities:
Deposits	1,149,975	1,157,080
Federal Home Loan Bank advances	227,269	150,312
Significant Unobservable Inputs Level 3
Financial assets:
Loans, net	1,246,530	1,215,166
Investment in unconsolidated subsidiaries	501	349
Interest rate lock commitments	143	32
Financial liabilities:
Subordinated debentures	33,875	27,983
Forward loan sale commitments	171	14
Carrying Value
Financial assets:
Cash and cash equivalents	54,629	42,566
Securities available-for-sale	157,424	120,198
Federal Home Loan Bank stock	13,713	9,963
Loans held-for-sale	3,573	2,188
Loans, net	1,233,871	1,217,461
Investment in unconsolidated subsidiaries	620	620
Accrued interest receivable	3,799	2,431
Interest rate lock commitments	143	32
Financial liabilities:
Deposits	1,148,334	1,157,352
Federal Home Loan Bank advances	226,178	150,000
Securities sold under agreements to repurchase	20,540	17,957
Subordinated debentures	36,910	36,873
Forward loan sale commitments	171	14
Fair Value
Financial assets:
Cash and cash equivalents	54,629	42,566
Securities available-for-sale	157,424	120,198
Federal Home Loan Bank stock	13,713	9,963
Loans held-for-sale	3,608	2,202
Loans, net	1,246,530	1,215,166
Investment in unconsolidated subsidiaries	501	349
Accrued interest receivable	3,799	2,431
Interest rate lock commitments	143	32
Financial liabilities:
Deposits	1,149,975	1,157,080
Federal Home Loan Bank advances	227,269	150,312
Securities sold under agreements to repurchase	20,540	17,957
Subordinated debentures	33,875	27,983
Forward loan sale commitments	$ 171	$ 14

Amortized Cost Basis of Securit

Amortized Cost Basis of Securities Available-for-Sale and Approximate Fair Values (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	$ 155,916	$ 121,540
Gross Unrealized Gains	1,656	102
Gross Unrealized Losses	148	1,444
Fair Value	157,424	120,198
U.S. Treasury notes
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	35,231	35,282
Gross Unrealized Gains	37
Gross Unrealized Losses	1	343
Fair Value	35,267	34,939
U.S. Government-sponsored enterprise bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	7,284	7,305
Gross Unrealized Gains	2	1
Gross Unrealized Losses	5	95
Fair Value	7,281	7,211
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	74,815	70,169
Gross Unrealized Gains	859	14
Gross Unrealized Losses	39	849
Fair Value	75,635	69,334
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	28,226	8,418
Gross Unrealized Gains	362	34
Gross Unrealized Losses	92	148
Fair Value	28,496	8,304
Other bonds and debentures
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	10,102	108
Gross Unrealized Gains	347	4
Gross Unrealized Losses	1
Fair Value	10,448	112
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	258	258
Gross Unrealized Gains	49	49
Gross Unrealized Losses	10	9
Fair Value	$ 297	$ 298

Maturities of Debt Securities E

Maturities of Debt Securities Excluding Mortgage-Backed Securities (Detail) $ in Thousands	Jun. 30, 2016USD ($)
Schedule of Available-for-sale Securities [Line Items]
Total due in less than one year	$ 85
Total due after one year through five years	48,375
Total due after five years through ten years	31,605
Total due after ten years	1,427
Other bonds and debentures
Schedule of Available-for-sale Securities [Line Items]
Total due in less than one year	85
Total due after five years through ten years	10,345
Total due after ten years	18
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Total due after one year through five years	6,108
Total due after five years through ten years	21,132
Total due after ten years	1,256
U.S. Treasury notes
Schedule of Available-for-sale Securities [Line Items]
Total due after one year through five years	35,267
U.S. Government-sponsored enterprise bonds
Schedule of Available-for-sale Securities [Line Items]
Total due after one year through five years	7,000
Total due after five years through ten years	128
Total due after ten years	$ 153

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Investment [Line Items]
Proceeds from sales of securities available-for-sale			$ 31,800	$ 40,200
Realized gross gains on sales proceeds			1,200	373
Provision for income taxes	$ 1,139	$ 1,079	2,160	2,147
Advances and securities sold under agreements to repurchase	$ 120,300		120,300		$ 119,800
Securities available-for-sale
Investment [Line Items]
Provision for income taxes			$ 477	$ 148

Aggregate Fair Value and Unreal

Aggregate Fair Value and Unrealized Losses of Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value	$ 15,124	$ 85,608
Less Than 12 Months, Unrealized Losses	5	871
12 Months or Longer, Fair Value	7,890	28,112
12 Months or Longer, Unrealized Losses	143	573
Total Fair Value	23,014	113,720
Total Unrealized Losses	148	1,444
U.S. Treasury notes
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value	15,011	24,817
Less Than 12 Months, Unrealized Losses	1	199
12 Months or Longer, Fair Value		10,122
12 Months or Longer, Unrealized Losses		144
Total Fair Value	15,011	34,939
Total Unrealized Losses	1	343
U.S. Government-sponsored enterprise bonds
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value		2,967
Less Than 12 Months, Unrealized Losses		33
12 Months or Longer, Fair Value	153	4,101
12 Months or Longer, Unrealized Losses	5	62
Total Fair Value	153	7,068
Total Unrealized Losses	5	95
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value		56,351
Less Than 12 Months, Unrealized Losses		592
12 Months or Longer, Fair Value	5,486	11,681
12 Months or Longer, Unrealized Losses	39	257
Total Fair Value	5,486	68,032
Total Unrealized Losses	39	849
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value		1,420
Less Than 12 Months, Unrealized Losses		38
12 Months or Longer, Fair Value	2,216	2,208
12 Months or Longer, Unrealized Losses	92	110
Total Fair Value	2,216	3,628
Total Unrealized Losses	92	148
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value	28	53
Less Than 12 Months, Unrealized Losses	3	9
12 Months or Longer, Fair Value	35
12 Months or Longer, Unrealized Losses	7
Total Fair Value	63	53
Total Unrealized Losses	10	$ 9
Other bonds and debentures
Schedule of Available-for-sale Securities [Line Items]
Less Than 12 Months, Fair Value	85
Less Than 12 Months, Unrealized Losses	1
Total Fair Value	85
Total Unrealized Losses	$ 1

Impairment of Securities - Addi

Impairment of Securities - Additional Information (Detail)	Jun. 30, 2016Securities
U.S. Treasury notes
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses, number of securities	1
U.S. Government-sponsored enterprise bonds
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses, number of securities	1
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses, number of securities	14
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses, number of securities	5
Other bonds and debentures
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses, number of securities	1
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses, number of securities	12

Loans Receivable (Detail)

Loans Receivable (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Real estate loans
Total loans	$ 1,238,231	$ 1,222,108	$ 1,200,055
Allowance for loan losses	(8,765)	(8,905)
Deferred loan origination costs, net	4,405	4,258
Loans receivable, net	1,233,871	1,217,461
Real estate loans
Real estate loans
Total loans	1,082,960	1,073,099
Real estate loans | Conventional
Real estate loans
Total loans	652,826	642,658
Real estate loans | Home equity
Real estate loans
Total loans	73,243	72,255
Real estate loans | Commercial
Real estate loans
Total loans	335,823	323,268	307,072
Real estate loans | Construction
Real estate loans
Total loans	21,068	34,918	43,103
Commercial and municipal loans
Real estate loans
Total loans	149,572	142,521	138,525
Consumer loans
Real estate loans
Total loans	5,699	6,488	7,901
Originated
Real estate loans
Total loans	1,125,066	1,099,975
Allowance for loan losses	(8,506)	(8,607)	(8,939)	$ (9,269)
Deferred loan origination costs, net	4,405	4,258
Loans receivable, net	1,120,965	1,095,626
Originated | Real estate loans
Real estate loans
Total loans	979,815	960,968
Originated | Real estate loans | Conventional
Real estate loans
Total loans	613,087	600,763
Originated | Real estate loans | Home equity
Real estate loans
Total loans	68,245	66,708
Originated | Real estate loans | Commercial
Real estate loans
Total loans	278,633	259,834
Allowance for loan losses	(2,386)	(2,884)	(2,439)	(2,724)
Originated | Real estate loans | Construction
Real estate loans
Total loans	19,850	33,663
Allowance for loan losses	(146)	(197)	(1,052)	(991)
Originated | Commercial and municipal loans
Real estate loans
Total loans	140,415	133,596
Allowance for loan losses	(1,211)	(1,199)	(633)	(635)
Originated | Consumer loans
Real estate loans
Total loans	4,836	5,411
Allowance for loan losses	(78)	(68)	$ (82)	$ (86)
Acquired
Real estate loans
Total loans	113,165	122,133
Allowance for loan losses	(259)	(298)
Loans receivable, net	112,906	121,835
Acquired | Real estate loans
Real estate loans
Total loans	103,145	112,131
Acquired | Real estate loans | Conventional
Real estate loans
Total loans	39,739	41,895
Acquired | Real estate loans | Home equity
Real estate loans
Total loans	4,998	5,547
Acquired | Real estate loans | Commercial
Real estate loans
Total loans	57,190	63,434
Allowance for loan losses	(180)	(190)
Acquired | Real estate loans | Construction
Real estate loans
Total loans	1,218	1,255
Allowance for loan losses	(37)	(21)
Acquired | Commercial and municipal loans
Real estate loans
Total loans	9,157	8,925
Allowance for loan losses	(18)	(24)
Acquired | Consumer loans
Real estate loans
Total loans	$ 863	$ 1,077

Information Regarding Allowance

Information Regarding Allowance for Loan Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Loans:
Total loans	$ 1,238,231	$ 1,200,055	$ 1,238,231	$ 1,200,055	$ 1,222,108
Allowance for loan losses:
Beginning balance			8,905
Provision (benefit)	121	215	232	419
Ending balance	8,765		8,765
Total allowance for loan losses ending balance	8,765	8,939	8,765	8,939	8,905
Originated
Loans:
Individually evaluated for impairment	10,194	10,997	10,194	10,997	12,959
Collectively evaluated for impairment	1,114,872	1,051,872	1,114,872	1,051,872	1,087,016
Total loans	1,125,066		1,125,066		1,099,975
Allowance for loan losses:
Beginning balance			8,607	9,269
Individually evaluated for impairment	237	284	237	284	355
Charge-offs			(538)	(1,300)
Collectively evaluated for impairment	8,269	8,655	8,269	8,655	8,252
Recoveries			169	551
Provision (benefit)			268	419
Ending balance	8,506	8,939	8,506	8,939
Acquired
Loans:
Total loans	113,165		113,165		122,133
Allowance for loan losses:
Beginning balance			298
Charge-offs			(38)
Recoveries			35
Provision (benefit)			(36)
Ending balance	259		259
Receivables Acquired with Deteriorated Credit Quality
Loans:
Acquired loans (Discounts related to Credit Quality)	113,165	137,186	113,165	137,186	122,133
Allowance for loan losses:
Acquired loans (Discounts related to Credit Quality)	259		259		298
Real estate loans
Loans:
Total loans	1,082,960		1,082,960		1,073,099
Real estate loans | Originated
Loans:
Total loans	979,815		979,815		960,968
Real estate loans | Acquired
Loans:
Total loans	103,145		103,145		112,131
Real estate loans | Conventional and Home Equity
Loans:
Total loans	726,069	703,454	726,069	703,454	714,913
Allowance for loan losses:
Total allowance for loan losses ending balance	4,572	4,609	4,572	4,609	4,260
Real estate loans | Conventional and Home Equity | Originated
Loans:
Individually evaluated for impairment	5,173	6,573	5,173	6,573	6,707
Collectively evaluated for impairment	676,159	643,758	676,159	643,758	660,764
Total loans	681,332		681,332		667,471
Allowance for loan losses:
Beginning balance			4,197	4,763
Individually evaluated for impairment	129	193	129	193	200
Charge-offs			(94)	(281)
Collectively evaluated for impairment	4,419	4,416	4,419	4,416	3,997
Recoveries			23	8
Provision (benefit)			422	119
Ending balance	4,548	4,609	4,548	4,609
Real estate loans | Conventional and Home Equity | Acquired
Loans:
Total loans	44,737		44,737		47,442
Allowance for loan losses:
Beginning balance			63
Charge-offs			(37)
Recoveries			27
Provision (benefit)			(29)
Ending balance	24		24
Real estate loans | Conventional and Home Equity | Receivables Acquired with Deteriorated Credit Quality
Loans:
Acquired loans (Discounts related to Credit Quality)	44,737	53,123	44,737	53,123	47,442
Allowance for loan losses:
Acquired loans (Discounts related to Credit Quality)	24		24		63
Real estate loans | Commercial
Loans:
Total loans	335,823	307,072	335,823	307,072	323,268
Allowance for loan losses:
Total allowance for loan losses ending balance	2,566	2,439	2,566	2,439	3,074
Real estate loans | Commercial | Originated
Loans:
Individually evaluated for impairment	4,417	3,542	4,417	3,542	5,078
Collectively evaluated for impairment	274,216	233,619	274,216	233,619	254,756
Total loans	278,633		278,633		259,834
Allowance for loan losses:
Beginning balance			2,884	2,724
Individually evaluated for impairment	108	75	108	75	133
Charge-offs			(242)
Collectively evaluated for impairment	2,278	2,364	2,278	2,364	2,751
Provision (benefit)			(256)	(285)
Ending balance	2,386	2,439	2,386	2,439
Real estate loans | Commercial | Acquired
Loans:
Total loans	57,190		57,190		63,434
Allowance for loan losses:
Beginning balance			190
Provision (benefit)			(10)
Ending balance	180		180
Real estate loans | Commercial | Receivables Acquired with Deteriorated Credit Quality
Loans:
Acquired loans (Discounts related to Credit Quality)	57,190	69,911	57,190	69,911	63,434
Allowance for loan losses:
Acquired loans (Discounts related to Credit Quality)	180		180		190
Real estate loans | Construction
Loans:
Total loans	21,068	43,103	21,068	43,103	34,918
Allowance for loan losses:
Total allowance for loan losses ending balance	183	1,052	183	1,052	218
Real estate loans | Construction | Originated
Loans:
Individually evaluated for impairment	432	451	432	451	442
Collectively evaluated for impairment	19,418	41,247	19,418	41,247	33,221
Total loans	19,850		19,850		33,663
Allowance for loan losses:
Beginning balance			197	991
Individually evaluated for impairment		12		12	15
Collectively evaluated for impairment	146	1,040	146	1,040	182
Provision (benefit)			(51)	61
Ending balance	146	1,052	146	1,052
Real estate loans | Construction | Acquired
Loans:
Total loans	1,218		1,218		1,255
Allowance for loan losses:
Beginning balance			21
Provision (benefit)			16
Ending balance	37		37
Real estate loans | Construction | Receivables Acquired with Deteriorated Credit Quality
Loans:
Acquired loans (Discounts related to Credit Quality)	1,218	1,405	1,218	1,405	1,255
Allowance for loan losses:
Acquired loans (Discounts related to Credit Quality)	37		37		21
Commercial and municipal loans
Loans:
Total loans	149,572	138,525	149,572	138,525	142,521
Allowance for loan losses:
Total allowance for loan losses ending balance	1,229	633	1,229	633	1,223
Commercial and municipal loans | Originated
Loans:
Individually evaluated for impairment	172	431	172	431	732
Collectively evaluated for impairment	140,243	126,699	140,243	126,699	132,864
Total loans	140,415		140,415		133,596
Allowance for loan losses:
Beginning balance			1,199	635
Individually evaluated for impairment		4		4	7
Charge-offs			(39)	(884)
Collectively evaluated for impairment	1,211	629	1,211	629	1,192
Recoveries			44	465
Provision (benefit)			7	417
Ending balance	1,211	633	1,211	633
Commercial and municipal loans | Acquired
Loans:
Total loans	9,157		9,157		8,925
Allowance for loan losses:
Beginning balance			24
Recoveries			2
Provision (benefit)			(8)
Ending balance	18		18
Commercial and municipal loans | Receivables Acquired with Deteriorated Credit Quality
Loans:
Acquired loans (Discounts related to Credit Quality)	9,157	11,395	9,157	11,395	8,925
Allowance for loan losses:
Acquired loans (Discounts related to Credit Quality)	18		18		24
Consumer loans
Loans:
Total loans	5,699	7,901	5,699	7,901	6,488
Allowance for loan losses:
Total allowance for loan losses ending balance	78	82	78	82	68
Consumer loans | Originated
Loans:
Collectively evaluated for impairment	4,836	6,549	4,836	6,549	5,411
Total loans	4,836		4,836		5,411
Allowance for loan losses:
Beginning balance			68	86
Charge-offs			(163)	(135)
Collectively evaluated for impairment	78	82	78	82	68
Recoveries			102	78
Provision (benefit)			71	53
Ending balance	78	82	78	82
Consumer loans | Acquired
Loans:
Total loans	863		863		1,077
Allowance for loan losses:
Charge-offs			(1)
Recoveries			6
Provision (benefit)			(5)
Consumer loans | Receivables Acquired with Deteriorated Credit Quality
Loans:
Acquired loans (Discounts related to Credit Quality)	863	1,352	863	1,352	1,077
Unallocated
Allowance for loan losses:
Total allowance for loan losses ending balance	137	124	137	124	62
Unallocated | Originated
Allowance for loan losses:
Beginning balance			62	70
Collectively evaluated for impairment	137	124	137	124	$ 62
Provision (benefit)			75	54
Ending balance	$ 137	$ 124	$ 137	$ 124

Non-Accrual Loans and Past-Due

Non-Accrual Loans and Past-Due Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 9,040	$ 9,863
Nonaccrual Loans	5,867	6,026
30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	3,625	3,904
60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,244	2,098
90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	3,171	3,861
Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	7,053	7,342
Nonaccrual Loans	4,826	4,625
Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	3,022	2,981
Originated | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,873	1,848
Originated | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,158	2,513
Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,987	2,521
Nonaccrual Loans	1,041	1,401
Acquired | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	603	923
Acquired | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	371	250
Acquired | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,013	1,348
Real estate loans | Conventional
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	3,811	5,813
Nonaccrual Loans	3,036	3,017
Real estate loans | Conventional | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	392	2,158
Real estate loans | Conventional | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,928	1,547
Real estate loans | Conventional | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,491	2,108
Real estate loans | Conventional | Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,959	4,407
Nonaccrual Loans	2,673	2,310
Real estate loans | Conventional | Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	216	1,644
Real estate loans | Conventional | Originated | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,587	1,309
Real estate loans | Conventional | Originated | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,156	1,454
Real estate loans | Conventional | Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	852	1,406
Nonaccrual Loans	363	707
Real estate loans | Conventional | Acquired | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	176	514
Real estate loans | Conventional | Acquired | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	341	238
Real estate loans | Conventional | Acquired | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	335	654
Real estate loans | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	595	375
Nonaccrual Loans	115	183
Real estate loans | Home equity | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	480	192
Real estate loans | Home equity | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	115	183
Real estate loans | Home equity | Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	595	346
Nonaccrual Loans	115	166
Real estate loans | Home equity | Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	480	180
Real estate loans | Home equity | Originated | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	115	166
Real estate loans | Home equity | Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		29
Nonaccrual Loans		17
Real estate loans | Home equity | Acquired | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		12
Real estate loans | Home equity | Acquired | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		17
Real estate loans | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	3,248	2,882
Nonaccrual Loans	2,550	2,242
Real estate loans | Commercial | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,518	1,414
Real estate loans | Commercial | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	242	482
Real estate loans | Commercial | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,488	986
Real estate loans | Commercial | Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,414	1,819
Nonaccrual Loans	1,947	1,565
Real estate loans | Commercial | Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,317	1,028
Real estate loans | Commercial | Originated | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	212	482
Real estate loans | Commercial | Originated | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	885	309
Real estate loans | Commercial | Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	834	1,063
Nonaccrual Loans	603	677
Real estate loans | Commercial | Acquired | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	201	386
Real estate loans | Commercial | Acquired | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	30
Real estate loans | Commercial | Acquired | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	603	677
Real estate loans | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	540	24
Real estate loans | Construction | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	540	24
Real estate loans | Construction | Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	540	24
Real estate loans | Construction | Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	540	24
Commercial and municipal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	803	728
Nonaccrual Loans	166	584
Commercial and municipal loans | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	653	94
Commercial and municipal loans | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	73	50
Commercial and municipal loans | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	77	584
Commercial and municipal loans | Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	502	723
Nonaccrual Loans	91	584
Commercial and municipal loans | Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	427	89
Commercial and municipal loans | Originated | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	73	50
Commercial and municipal loans | Originated | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2	584
Commercial and municipal loans | Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	301	5
Nonaccrual Loans	75
Commercial and municipal loans | Acquired | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	226	5
Commercial and municipal loans | Acquired | 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	75
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	43	41
Consumer loans | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	42	22
Consumer loans | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1	19
Consumer loans | Originated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	43	23
Consumer loans | Originated | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	42	16
Consumer loans | Originated | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 1	7
Consumer loans | Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		18
Consumer loans | Acquired | 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		6
Consumer loans | Acquired | 60-89 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		$ 12

Loan Portfolio - Additional Inf

Loan Portfolio - Additional Information (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)Property	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)PropertyLoan	Jun. 30, 2015USD ($)Loan	Dec. 31, 2015USD ($)Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans past due 90 days or more and still accruing interest	$ 0		$ 0		$ 0
TDRs reserves for loan loss	0	$ 94,000	$ 0	$ 94,000
Troubled debt restructurings, Number of Loans | Loan			2	0
Loans and leases considered to be in payment default			30 days	30 days
Other real estate owned	335,000		$ 335,000		904,000
Loans receivable, net	1,233,871,000		1,233,871,000		1,217,461,000
Carrying amount of debt securities acquired with evidence of deterioration of credit quality	1,600,000		1,600,000		2,400,000
Outstanding value of debt securities acquired with evidence of deterioration of credit quality	1,900,000		1,900,000		3,100,000
Company formally reviews the ratings on all loans			250,000
Loan amount, threshold			250,000
Loan amount, threshold on repayment			$ 300,000
Delinquent status, classification criteria days, minimum			60 days
The balance of capitalized servicing rights, net of valuation allowances, included in other assets	2,100,000		$ 2,100,000		2,400,000
Fair value of capitalized servicing rights			3,100,000		4,000,000
Capitalized servicing rights	203,000	465,000	311,000	$ 628,000
Amortization of capitalized servicing rights	247,000	$ 157,000	503,000	$ 514,000
Acquired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net	112,906,000		$ 112,906,000		121,835,000
Real estate loans | Conventional
Accounts, Notes, Loans and Financing Receivable [Line Items]
Troubled debt restructurings, Number of Loans | Loan			1
Troubled debt restructurings, Recorded Investment in payment default			$ 92,000
Recorded investment of real estate loans in process of foreclosure	$ 562,000		$ 562,000		$ 1,200,000
Real estate loans | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Troubled debt restructurings, Number of Loans | Loan			1
Troubled debt restructurings, Recorded Investment in payment default			$ 247,000
Residential Properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other real estate owned, number of properties | Property	1		1		3
Commercial Properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other real estate owned, number of properties | Property	1		1		2

Trouble Debt Restructurings (De

Trouble Debt Restructurings (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	$ 7,961	$ 8,378
Performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	5,753	6,933
Non-performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	2,208	1,445
Real estate loans | Conventional
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	4,553	4,666
Real estate loans | Conventional | Performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	2,635	3,506
Real estate loans | Conventional | Non-performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	1,918	1,160
Real estate loans | Commercial
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	2,880	3,121
Real estate loans | Commercial | Performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	2,605	2,836
Real estate loans | Commercial | Non-performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	275	285
Real estate loans | Construction
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	432	442
Real estate loans | Construction | Performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	432	442
Commercial and municipal loans
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	96	149
Commercial and municipal loans | Performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	81	$ 149
Commercial and municipal loans | Non-performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructured recorded investments	$ 15

Pre-Modification Balance Inform

Pre-Modification Balance Information on how Loans were Modified as TDRs (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Modifications [Line Items]
Financing receivable modifications, Extended Maturity		$ 80
Financing receivable modifications, Combination of Interest Only Payments and Maturity	$ 193	267
Financing receivable modifications, Combination of Interest Only Payments, Rate and Maturity		423
Financing receivable modifications, Interest Rate	45	7
Financing receivable modifications, Total	238	777
Real estate loans | Commercial
Financing Receivable, Modifications [Line Items]
Financing receivable modifications, Combination of Interest Only Payments and Maturity	193
Financing receivable modifications, Interest Rate	45
Financing receivable modifications, Total	$ 238
Real estate loans | Conventional
Financing Receivable, Modifications [Line Items]
Financing receivable modifications, Extended Maturity		80
Financing receivable modifications, Combination of Interest Only Payments and Maturity		267
Financing receivable modifications, Combination of Interest Only Payments, Rate and Maturity		423
Financing receivable modifications, Total		770
Commercial and municipal loans
Financing Receivable, Modifications [Line Items]
Financing receivable modifications, Interest Rate		7
Financing receivable modifications, Total		$ 7

Summary of Troubled Debt Restru

Summary of Troubled Debt Restructurings Occurred During Periods (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | Loan	2	6
Pre Modification Outstanding Recorded Investment	$ 238	$ 777
Post Modification Outstanding Recorded Investment	$ 238	$ 777
Real estate loans | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | Loan	2
Pre Modification Outstanding Recorded Investment	$ 238
Post Modification Outstanding Recorded Investment	$ 238
Real estate loans | Conventional
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | Loan		5
Pre Modification Outstanding Recorded Investment		$ 770
Post Modification Outstanding Recorded Investment		$ 770
Commercial and municipal loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | Loan		1
Pre Modification Outstanding Recorded Investment		$ 7
Post Modification Outstanding Recorded Investment		$ 7

Summary of Class of Loan with I

Summary of Class of Loan with Information Related to Individually Evaluated Impaired Loans within Originated Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	$ 8,372	$ 6,668
With an allowance recorded, Recorded Investment	1,822	6,291
With no related allowance recorded, Unpaid Principal Balance	9,669	7,959
With an allowance recorded, Unpaid Principal Balance	1,848	6,612
With no related allowance recorded, Related Allowance for Credit Losses	0	0
Total Recorded Investment	10,194	12,959
Total Unpaid Principal Balance	11,517	14,571
Related Allowance for Credit Losses	237	386
Real estate loans | Conventional
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	4,141	3,175
With an allowance recorded, Recorded Investment	900	3,319
With no related allowance recorded, Unpaid Principal Balance	4,627	3,895
With an allowance recorded, Unpaid Principal Balance	925	3,548
With no related allowance recorded, Related Allowance for Credit Losses	0	0
Total Recorded Investment	5,041	6,494
Total Unpaid Principal Balance	5,552	7,443
Related Allowance for Credit Losses	129	231
Real estate loans | Home equity
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	132	213
With no related allowance recorded, Unpaid Principal Balance	211	340
With no related allowance recorded, Related Allowance for Credit Losses	0	0
Total Recorded Investment	132	213
Total Unpaid Principal Balance	211	340
Real estate loans | Commercial
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	3,495	2,589
With an allowance recorded, Recorded Investment	922	2,489
With no related allowance recorded, Unpaid Principal Balance	4,168	3,028
With an allowance recorded, Unpaid Principal Balance	923	2,546
With no related allowance recorded, Related Allowance for Credit Losses	0	0
Total Recorded Investment	4,417	5,078
Total Unpaid Principal Balance	5,091	5,574
Related Allowance for Credit Losses	108	133
Real estate loans | Construction
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	432
With an allowance recorded, Recorded Investment		442
With no related allowance recorded, Unpaid Principal Balance	467
With an allowance recorded, Unpaid Principal Balance		476
With no related allowance recorded, Related Allowance for Credit Losses	0	0
Total Recorded Investment	432	442
Total Unpaid Principal Balance	467	476
Related Allowance for Credit Losses		15
Commercial and municipal loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	172	691
With an allowance recorded, Recorded Investment		41
With no related allowance recorded, Unpaid Principal Balance	196	696
With an allowance recorded, Unpaid Principal Balance		42
With no related allowance recorded, Related Allowance for Credit Losses	0	0
Total Recorded Investment	172	732
Total Unpaid Principal Balance	$ 196	738
Related Allowance for Credit Losses		$ 7

Summary of Average Recorded Inv

Summary of Average Recorded Investment and Interest Income Recognized (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Average Recorded Investment	$ 8,796	$ 9,765
With no related allowance recorded, Interest Income Recognized	168	96
With an allowance recorded, Average Recorded Investment	1,824	2,748
With an allowance recorded, Interest Income Recognized	33	99
Total Average Recorded Investment	10,620	12,513
Total Interest Income Recognized	201	195
Real estate loans | Conventional
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Average Recorded Investment	4,322	4,505
With no related allowance recorded, Interest Income Recognized	74	56
With an allowance recorded, Average Recorded Investment	862	1,598
With an allowance recorded, Interest Income Recognized	13	56
Total Average Recorded Investment	5,184	6,103
Total Interest Income Recognized	87	112
Real estate loans | Home equity
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Average Recorded Investment	155	170
With no related allowance recorded, Interest Income Recognized	1
Total Average Recorded Investment	155	170
Total Interest Income Recognized	1
Real estate loans | Commercial
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Average Recorded Investment	3,704	4,044
With no related allowance recorded, Interest Income Recognized	77	33
With an allowance recorded, Average Recorded Investment	933	899
With an allowance recorded, Interest Income Recognized	20	30
Total Average Recorded Investment	4,637	4,943
Total Interest Income Recognized	97	63
Real estate loans | Construction
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Average Recorded Investment	437	503
With no related allowance recorded, Interest Income Recognized	10
With an allowance recorded, Average Recorded Investment		227
With an allowance recorded, Interest Income Recognized		9
Total Average Recorded Investment	437	730
Total Interest Income Recognized	10	9
Commercial and municipal loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Average Recorded Investment	178	543
With no related allowance recorded, Interest Income Recognized	6	7
With an allowance recorded, Average Recorded Investment	29	24
With an allowance recorded, Interest Income Recognized		4
Total Average Recorded Investment	207	567
Total Interest Income Recognized	$ 6	$ 11

Accretable Yield for Purchased

Accretable Yield for Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Line Items]
Accretable yield at the beginning of the period	$ 1,939	$ 2,125	$ 2,213	$ 2,125
Reclassification from nonaccretable difference for loans with improved cash flows			13
Accretion	(655)	(323)	(691)	(323)
Change in cash flows that do not affect nonaccretable difference			(251)
Accretable yield at the end of the period	$ 1,284	$ 1,802	$ 1,284	$ 1,802

Loans by Risk Ratings (Detail)

Loans by Risk Ratings (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,238,231	$ 1,222,108	$ 1,200,055
Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	432,702	418,617
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,990	6,051
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	19,184	19,661
Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	780,355	777,779
Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,125,066	1,099,975
Originated | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	372,417	353,327
Originated | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,312	4,408
Originated | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	14,618	13,925
Originated | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	733,719	728,315
Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	113,165	122,133
Acquired | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	60,285	65,290
Acquired | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,678	1,643
Acquired | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,566	5,736
Acquired | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	46,636	49,464
Real estate loans
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,082,960	1,073,099
Real estate loans | Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	979,815	960,968
Real estate loans | Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	103,145	112,131
Real estate loans | Conventional and Home Equity
Financing Receivable, Recorded Investment [Line Items]
Total loans	726,069	714,913	703,454
Real estate loans | Conventional and Home Equity | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,722	6,310
Real estate loans | Conventional and Home Equity | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	721,347	708,603
Real estate loans | Conventional and Home Equity | Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	681,332	667,471
Real estate loans | Conventional and Home Equity | Originated | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,135	5,272
Real estate loans | Conventional and Home Equity | Originated | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	677,197	662,199
Real estate loans | Conventional and Home Equity | Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	44,737	47,442
Real estate loans | Conventional and Home Equity | Acquired | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	587	1,038
Real estate loans | Conventional and Home Equity | Acquired | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	44,150	46,404
Real estate loans | Commercial
Financing Receivable, Recorded Investment [Line Items]
Total loans	335,823	323,268	307,072
Real estate loans | Commercial | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	296,791	278,678
Real estate loans | Commercial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,876	5,921
Real estate loans | Commercial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,919	11,767
Real estate loans | Commercial | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	20,237	26,902
Real estate loans | Commercial | Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	278,633	259,834
Real estate loans | Commercial | Originated | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	245,849	222,466
Real estate loans | Commercial | Originated | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,198	4,278
Real estate loans | Commercial | Originated | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,489	7,670
Real estate loans | Commercial | Originated | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	19,097	25,420
Real estate loans | Commercial | Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	57,190	63,434
Real estate loans | Commercial | Acquired | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	50,942	56,212
Real estate loans | Commercial | Acquired | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,678	1,643
Real estate loans | Commercial | Acquired | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,430	4,097
Real estate loans | Commercial | Acquired | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,140	1,482
Real estate loans | Construction
Financing Receivable, Recorded Investment [Line Items]
Total loans	21,068	34,918	43,103
Real estate loans | Construction | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,840	20,255
Real estate loans | Construction | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	9	18
Real estate loans | Construction | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	644	659
Real estate loans | Construction | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,575	13,986
Real estate loans | Construction | Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	19,850	33,663
Real estate loans | Construction | Originated | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,819	19,208
Real estate loans | Construction | Originated | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	9	18
Real estate loans | Construction | Originated | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	553	567
Real estate loans | Construction | Originated | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,469	13,870
Real estate loans | Construction | Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,218	1,255
Real estate loans | Construction | Acquired | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,021	1,047
Real estate loans | Construction | Acquired | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	91	92
Real estate loans | Construction | Acquired | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	106	116
Commercial and municipal loans
Financing Receivable, Recorded Investment [Line Items]
Total loans	149,572	142,521	138,525
Commercial and municipal loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	128,071	119,684
Commercial and municipal loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	105	112
Commercial and municipal loans | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	899	925
Commercial and municipal loans | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	20,497	21,800
Commercial and municipal loans | Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	140,415	133,596
Commercial and municipal loans | Originated | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	119,749	111,653
Commercial and municipal loans | Originated | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	105	112
Commercial and municipal loans | Originated | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	441	416
Commercial and municipal loans | Originated | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	20,120	21,415
Commercial and municipal loans | Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,157	8,925
Commercial and municipal loans | Acquired | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,322	8,031
Commercial and municipal loans | Acquired | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	458	509
Commercial and municipal loans | Acquired | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	377	385
Consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,699	6,488	$ 7,901
Consumer loans | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,699	6,488
Consumer loans | Originated
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,836	5,411
Consumer loans | Originated | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,836	5,411
Consumer loans | Acquired
Financing Receivable, Recorded Investment [Line Items]
Total loans	863	1,077
Consumer loans | Acquired | Loans not formally rated
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 863	$ 1,077

Amount of Loans Sold and Partic

Amount of Loans Sold and Participated (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Loans Securitized Sold
Loans Held for Sale [Line Items]
Loans serviced by the company	$ 451,834	$ 445,855

Analysis of Aggregate Changes i

Analysis of Aggregate Changes in Valuation Allowance for Capitalized Servicing Rights (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Valuation Allowance for Impairment of Recognized Servicing Assets [Line Items]
Beginning balance	$ 198	$ 63	$ 73	$ 19
Increase (decrease)	67	(4)	192	40
Ending balance	$ 265	$ 59	$ 265	$ 59

Short-term Collateralized Finan

Short-term Collateralized Financing Obtained through Repurchase Agreements and Related Collateral (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Short-term collateralized financing obtained through repurchase agreements	$ 27,828	$ 25,012
Repurchase agreements	20,540	17,957
US Treasury Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Short-term collateralized financing obtained through repurchase agreements	2,519	20,973
US Treasury Bond Securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Short-term collateralized financing obtained through repurchase agreements	376	414
Collateralized Mortgage Obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Short-term collateralized financing obtained through repurchase agreements	24,187	2,896
Municipal bonds
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Short-term collateralized financing obtained through repurchase agreements	$ 746	$ 729

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 11, 2015	May 01, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation cost			$ 86	$ 39	$ 172	$ 79
Stock awards, non-vested		15,000
Stock awards, vested		1,500
2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding			0		0
2004 Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested restricted stock awards outstanding			69,800		69,800
2004 Plan | Director | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards, shares granted		16,500
2004 Plan | 15,000 shares vest ratably over a five year period beginning on May 1, 2015 | Director | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards, vesting period		5 years
2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining available shares for issuance			410,000		410,000
2014 Plan | Officer | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards, shares granted	64,250
2014 Plan | 64,250 shares vest ratably over a five year period beginning on June 11, 2016 | Officer | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards, vesting period	5 years

Net Periodic Pension Cost (Deta

Net Periodic Pension Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 93	$ 93	$ 185	$ 187
Expected return on plan assets	(189)	(160)	(377)	(321)
Amortization of unrecognized net loss	$ 96	89	$ 192	178
Net periodic pension cost		$ 22		$ 44

Fair Values of Derivative Instr

Fair Values of Derivative Instruments (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Interest rate lock commitments	$ 143,000	$ 32,000
Forward loan sale commitments, liability	(171,000)	(14,000)
Interest Rate Lock Commitments | Derivative Assets
Derivatives, Fair Value [Line Items]
Notional Amount	15,545,000	4,623,000
Forward loan sale commitments | Derivative Assets
Derivatives, Fair Value [Line Items]
Notional Amount	$ 15,880,000	$ 5,135,000

Basic and Diluted earnings Per

Basic and Diluted earnings Per Common Share Calculations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Net income as reported	$ 2,368	$ 2,418	$ 4,837	$ 4,721
Cumulative preferred stock dividend earned		(20)		(40)
Dividends and undistributed earnings allocated to participating shares	(25)		(52)
Net income applicable to common stock	$ 2,343	$ 2,398	$ 4,785	$ 4,681
Weighted average common shares outstanding for basic EPS	8,298,504	8,285,521	8,292,397	8,273,519
Effect of dilutive equity-based awards		13,063	653	13,685
Weighted average common shares outstanding for dilutive EPS	8,298,504	8,298,584	8,293,050	8,287,204
Earnings per common share - basic	$ 0.28	$ 0.29	$ 0.58	$ 0.57
Earnings per common share - diluted	$ 0.28	$ 0.29	$ 0.58	$ 0.56

Accumulated Other Comprehensi67

Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net unrealized holding gain (loss) on available-for-sale securities, net of tax	$ 911	$ (810)
Unrecognized net actuarial loss, defined benefit pension plan, net of tax	(3,040)	(3,040)
Accumulated other comprehensive loss	$ (2,129)	$ (3,850)

Reclassification Disclosure of

Reclassification Disclosure of Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Schedule of Other Comprehensive Income (Loss) [Line Items]
Net unrealized holding gains (losses) on available-for-sale securities		$ 1,400	$ (515)	$ 4,051	$ 260
Reclassification adjustment for realized gains in net income	[1]	(1,201)	(1)	(1,201)	(373)
Other comprehensive income (loss) before income tax effect		199	(516)	2,850	(113)
Income tax (expense) benefit		(79)	204	(1,129)	45
Other comprehensive income (loss), net of tax effect		$ 120	$ (312)	$ 1,721	$ (68)
[1]	Reclassification adjustments are comprised of realized securities gains. The gains have been reclassified out of accumulated other comprehensive loss and have affected certain lines in the condensed consolidated statements of income as follows: the pre-tax amounts are included in gain on sales of securities, net, the tax expense in the amount of $477 thousand for the three and six months ended June 30, 2016 is included in provision for income taxes and the after tax amounts are included in net income.

Reclassification Disclosure o69

Reclassification Disclosure of Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Schedule of Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustment for realized gains in net income, tax expense	$ 477	$ 477

Operating Segments - Additional

Operating Segments - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2016Segment
Segment Reporting Information [Line Items]
Number of reportable segments	2

Summary of Operating Segments (

Summary of Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Net interest and dividend income (expense)	$ 10,930	$ 10,166	$ 21,493	$ 20,398
Provision for loan losses	121	215	232	419
Noninterest income	5,738	5,044	10,317	9,800
Noninterest expense	13,040	11,498	24,581	22,911
Income before provision for income taxes	3,507	3,497	6,997	6,868
Provision (benefit) for income taxes	1,139	1,079	2,160	2,147
Net income	2,368	2,418	4,837	4,721
Total Assets	1,590,664	1,511,504	1,590,664	1,511,504	$ 1,517,774
Operating Segments | Banking
Segment Reporting Information [Line Items]
Net interest and dividend income (expense)	11,404	10,625	22,433	21,307
Provision for loan losses	121	215	232	419
Noninterest income	3,866	3,145	6,603	6,047
Noninterest expense	10,253	9,444	19,880	18,867
Income before provision for income taxes	4,896	4,111	8,924	8,068
Provision (benefit) for income taxes	1,322	1,206	2,483	2,428
Net income	3,574	2,905	6,441	5,640
Total Assets	1,593,232	1,489,915	1,593,232	1,489,915
Operating Segments | Wealth Management
Segment Reporting Information [Line Items]
Net interest and dividend income (expense)	5		10	7
Noninterest income	2,138	2,196	4,206	4,230
Noninterest expense	1,796	1,716	3,573	3,469
Income before provision for income taxes	347	480	643	768
Provision (benefit) for income taxes	128	183	237	291
Net income	219	297	406	477
Total Assets	24,075	20,151	24,075	20,151
Holding Company
Segment Reporting Information [Line Items]
Net interest and dividend income (expense)	(479)	(459)	(950)	(916)
Noninterest income	3,574	2,905	6,442	5,640
Noninterest expense	1,038	338	1,215	575
Income before provision for income taxes	2,057	2,108	4,277	4,149
Provision (benefit) for income taxes	(311)	(310)	(560)	(572)
Net income	2,368	2,418	4,837	4,721
Total Assets	177,792	174,741	177,792	174,741
Eliminations
Segment Reporting Information [Line Items]
Noninterest income	(3,840)	(3,202)	(6,934)	(6,117)
Noninterest expense	(47)		(87)
Income before provision for income taxes	(3,793)	(3,202)	(6,847)	(6,117)
Net income	(3,793)	(3,202)	(6,847)	(6,117)
Total Assets	$ (204,435)	$ (173,303)	$ (204,435)	$ (173,303)

Merger Agreement - Additional I

Merger Agreement - Additional Information (Detail) - Bar Harbor Bankshares $ in Millions	May 05, 2016USD ($)shares
Business Acquisition [Line Items]
Stock converted into right to receive shares | shares	0.4970
Termination fee if the merger is not consummated under certain circumstances | $	$ 5.5

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event	Jul. 11, 2016$ / shares
Subsequent Event [Line Items]
Dividend declared per share	$ 0.14
Dividend declared date	Jul. 11, 2016
Dividend payable date	Jul. 29, 2016
Dividend record date	Jul. 22, 2016