Severn Bancorp (SVBI) 10-Q 12 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 12, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	SEVERN BANCORP INC
Entity Central Index Key	868,271
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		10,088,879
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 39,604	$ 24,866
Interest-bearing deposits in other banks	9,430	8,469
Federal Funds Sold	6,387	0
Cash and cash equivalents	55,421	33,335
Investment securities held to maturity (fair value: $77,937 at September 30, 2015; $60,123 at December 31, 2014)	76,951	59,616
Loans held for sale	12,982	7,165
Loans receivable, net of allowance for loan losses of $8,689 and $9,435, respectively	588,372	633,882
Premises and equipment, net	24,550	25,159
Foreclosed real estate	1,919	1,947
Federal Home Loan Bank stock, at cost	5,626	5,936
Accrued interest receivable and other assets	8,156	9,288
Total assets	773,977	776,328
Liabilities
Deposits	536,646	543,814
Long-term borrowings	115,000	115,000
Subordinated debentures	24,119	24,119
Accrued interest payable and other liabilities	12,336	9,585
Total liabilities	688,101	692,518
Stockholders' Equity
Common stock, $0.01 par value, 20,000,000 shares authorized; 10,088,879 and 10,067,379 shares issued and outstanding, respectively	101	101
Additional paid-in capital	76,239	75,848
Retained earnings	9,532	7,857
Total stockholders' equity	85,876	83,810
Total liabilities and stockholders' equity	773,977	776,328
Series A Preferred Stock [Member]
Stockholders' Equity
Preferred stock	4	4
Series B Preferred Stock [Member]
Stockholders' Equity
Preferred stock	$ 0	$ 0

CONSOLIDATED STATEMENTS OF FIN3

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Investment securities held to maturity at fair value	$ 77,937	$ 60,123
Loans receivable, allowance for loan losses	$ 8,689	$ 9,435
Stockholders' Equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	10,088,879	10,067,379
Common stock, shares outstanding (in shares)	10,088,879	10,067,379
Series A Preferred Stock [Member]
Stockholders' Equity
Preferred stock, shares issued (in shares)	437,500	437,500
Preferred stock, shares outstanding (in shares)	437,500	437,500
Preferred stock, liquidation preference	$ 3,500	$ 3,500
Series B Preferred Stock [Member]
Stockholders' Equity
Preferred stock, shares issued (in shares)	23,393	23,393
Preferred stock, shares outstanding (in shares)	23,393	23,393
Preferred stock, liquidation preference	$ 23,393	$ 23,393

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest Income
Loans, including fees	$ 7,549	$ 7,654	$ 22,541	$ 22,811
Securities, taxable	314	281	788	686
Other	69	65	242	233
Total interest income	7,932	8,000	23,571	23,730
Interest Expense
Deposits	1,032	968	3,055	2,924
Long-term/short-term borrowings and subordinated debentures	1,252	1,185	3,673	3,474
Total interest expense	2,284	2,153	6,728	6,398
Net interest income	5,648	5,847	16,843	17,332
Provision for loan losses	0	250	200	431
Net interest income after provision for loan losses	5,648	5,597	16,643	16,901
Non-interest Income
Mortgage banking activities	859	306	2,278	945
Real estate commissions	298	229	896	678
Real estate management fees	166	167	491	579
Other	146	543	1,036	981
Total non-interest income	1,469	1,245	4,701	3,183
Non-Interest Expenses
Compensation and related expenses	3,758	3,608	11,659	10,850
Occupancy	377	421	1,255	1,272
Legal	70	55	199	227
Foreclosed real estate, net	132	52	119	(25)
FDIC assessments and regulatory expense	307	326	917	1,009
Professional fees	179	302	680	757
Office supplies	88	91	221	243
Online charges	233	212	640	729
Credit report and appraisal fees	170	296	646	737
Other	524	391	1,463	2,896
Total non-interest expenses	5,838	5,754	17,799	18,695
Income before income tax provision	1,279	1,088	3,545	1,389
Income tax provision	52	20	88	30
Net income	1,227	1,068	3,457	1,359
Amortization of discount on preferred stock	(68)	(68)	(203)	(203)
Dividends on preferred stock	(526)	(526)	(1,579)	(1,545)
Net income available (loss attributable) to common stockholders	$ 633	$ 474	$ 1,675	$ (389)
Basic income (loss) per share (in dollars per share)	$ 0.06	$ 0.05	$ 0.17	$ (0.04)
Diluted income (loss) per share (in dollars per share)	$ 0.06	$ 0.05	$ 0.17	$ (0.04)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Total	Series B Preferred Stock [Member]Preferred Stock [Member]	Series B Preferred Stock [Member]Common Stock [Member]	Series B Preferred Stock [Member]Additional Paid-In Capital [Member]	Series B Preferred Stock [Member]Retained Earnings [Member]	Series B Preferred Stock [Member]
Balance at Dec. 31, 2013	$ 4	$ 101	$ 75,374	$ 7,290	$ 82,769
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	0	0	0	1,359	1,359
Stock-based compensation	0	0	153	0	153
Dividend declared on Series B preferred stock						$ 0	$ 0	$ 0	$ (1,545)	$ (1,545)
Amortization of discount on Series B preferred stock								203	(203)	0
Exercised Options	0	0	3		3
Balance at Sep. 30, 2014	4	101	75,733	6,901	82,739
Balance at Dec. 31, 2014	4	101	75,848	7,857	83,810
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	0	0	0	3,457	3,457
Stock-based compensation	0	0	92	0	92
Dividend declared on Series B preferred stock						$ 0	$ 0	0	(1,579)	(1,579)
Amortization of discount on Series B preferred stock								$ 203	$ (203)	$ 0
Exercised Options	0	0	96		96
Balance at Sep. 30, 2015	$ 4	$ 101	$ 76,239	$ 9,532	$ 85,876

CONSOLIDATED STATEMENTS OF STO6

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) [Abstract]
Exercised options (in shares)	(21,500)	(700)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities
Net Income	$ 3,457	$ 1,359
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Amortization of deferred loan fees	(1,013)	(719)
Net amortization of premiums and discounts	299	168
Provision for loan losses	200	431
Provision for depreciation	851	833
Gain on sale of loans	(2,277)	(1,383)
Gain on sale of foreclosed real estate	(79)	(300)
Proceeds from loans sold to others	125,385	56,899
Loans originated for sale	(128,925)	(61,391)
Stock-based compensation expense	92	153
Decrease (increase) in accrued interest receivable and other assets	1,132	(429)
Increase in accrued interest payable and other liabilities	1,172	1,701
Net cash provided by (used in) operating activities	294	(2,678)
Cash Flows from Investing Activities
Purchase of investment securities held to maturity	(24,199)	(21,549)
Proceeds from maturing investment securities held to maturity	4,000	3,000
Principal collected on mortgage-backed securities held to maturity	2,565	745
Net decrease (increase) in loans	44,416	(17,672)
Proceeds from sale of foreclosed real estate	2,014	4,961
Investment in premises and equipment	(242)	(316)
Redemption of FHLB stock	310	254
Net cash provided by (used in) investing activities	28,864	(30,577)
Cash Flows from Financing Activities
Net decrease in deposits	(7,168)	(33,506)
Proceeds from exercise of options	96	3
Net cash used in financing activities	(7,072)	(33,503)
Increase (decrease) in cash and cash equivalents	22,086	(66,758)
Cash and cash equivalents at beginning of year	33,335	98,376
Cash and cash equivalents at end of period	55,421	31,618
Cash paid (received) during period for:
Interest	6,003	5,887
Income taxes	(298)	8
Transfer of loans to foreclosed real estate	$ 1,907	$ 713

Principles of Consolidation

Principles of Consolidation	9 Months Ended
	Sep. 30, 2015
Principles of Consolidation [Abstract]
Principles of Consolidation	Note 1 - Principles of Consolidation The unaudited consolidated financial statements include the accounts of Severn Bancorp, Inc. (“Bancorp”), and its wholly-owned subsidiaries, SBI Mortgage Company and SBI Mortgage Company’s subsidiary, Crownsville Development Corporation, and its subsidiary, Crownsville Holdings I, LLC, and Severn Savings Bank, FSB (the “Bank”), and the Bank’s subsidiaries, Louis Hyatt, Inc., Homeowners Title and Escrow Corporation, Severn Financial Services Corporation, SSB Realty Holdings, LLC, SSB Realty Holdings II, LLC, and HS West, LLC. All intercompany accounts and transactions have been eliminated in the accompanying consolidated financial statements.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	Note 2 - Basis of Presentation Bancorp follows accounting standards set by the Financial Accounting Standards Board, commonly referred to as the “FASB”. The FASB sets generally accepted accounting principles in the United States (“GAAP”) that Bancorp follows. References to GAAP issued by the FASB in these footnotes are to the FASB Accounting Standards Codification, sometimes referred to as the Codification or ASC. The accompanying unaudited consolidated financial statements have been prepared in accordance with GAAP for interim financial information and in accordance with the instructions to Form 10-Q. Accordingly, they do not include all of the disclosures required by GAAP for complete consolidated financial statements. In the opinion of management, all adjustments necessary for a fair presentation of the results of operations for the interim periods presented have been made. Such adjustments were of a normal recurring nature. The results of operations for the nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2015 or any other interim period. The unaudited consolidated financial statements for the nine months ended September 30, 2015 should be read in conjunction with the audited consolidated financial statements and related notes, which were included in Bancorp’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. These consolidated financial statements consider events that occurred through the date the consolidated financial statements were issued.

Cash Flow Presentation

Cash Flow Presentation	9 Months Ended
	Sep. 30, 2015
Cash Flow Presentation [Abstract]
Cash Flow Presentation	Note 3 - Cash Flow Presentation In the statements of cash flows, cash and cash equivalents include cash on hand, amounts due from banks, Federal Home Loan Bank of Atlanta (“FHLB Atlanta”) overnight deposits, and federal funds sold. Generally, federal funds are sold for one-day periods.

Reclassifications

Reclassifications	9 Months Ended
	Sep. 30, 2015
Reclassifications [Abstract]
Reclassifications	Note 4 – Reclassifications Amounts in the prior year’s consolidated financial statements have been reclassified whenever necessary to conform to the current year’s presentation. Such reclassifications had no impact on net income.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 5 - Earnings Per Share Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding for each period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued by Bancorp relate to outstanding stock options, warrants, and convertible preferred stock, and are determined using the treasury stock method. Not included in the diluted earnings per share calculation for the three and nine month periods ended September 30, 2015, because they were anti-dilutive, were 40,000 and 125,000 shares, respectively, of common stock issuable upon exercise of outstanding stock options, 556,976 shares of common stock issuable upon the exercise of a warrant and 437,500 shares of common stock issuable upon conversion of Bancorp’s Series A Preferred Stock. Not included for the three and nine month periods ended September 30, 2014, because they were anti-dilutive, were 125,000 shares of common stock issuable upon exercise of outstanding stock options, 556,976 shares of common stock issuable upon the exercise of a warrant and 437,500 shares of common stock issuable upon conversion of Bancorp’s Series A Preferred Stock. Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Common shares – weighted average (basic) 10,088,879 10,067,379 10,082,278 10,067,379 Common share equivalents – weighted average 24,181 34,066 24,688 35,968 Common shares – weighted average (diluted) 10,116,060 10,101,445 10,106,967 10,103,347

Guarantees

Guarantees	9 Months Ended
	Sep. 30, 2015
Guarantees [Abstract]
Guarantees	Note 6 - Guarantees Bancorp does not issue any guarantees that would require liability recognition or disclosure, other than its standby letters of credit. See Note 10.

Regulatory Matters

Regulatory Matters	9 Months Ended
	Sep. 30, 2015
Regulatory Matters [Abstract]
Regulatory Matters	Note 7 - Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possible additional discretionary actions by the regulators that, if undertaken, could have a direct material effect on Bancorp’s consolidated financial statements. Federal banking agencies have adopted proposals that have substantially amended the regulatory capital rules applicable to Bancorp and the Bank. The amendments implement the “Basel III” regulatory capital reforms and changes required by the Dodd-Frank Act. The amended rules establish new higher capital ratio requirements, narrow the definitions of capital, impose new operating restrictions on banking organizations with insufficient capital buffers and increase the risk weighting of certain assets. The amended rules were effective with respect to Bancorp and the Bank in January 2015, with certain requirements to be phased in beginning in 2016. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The following table presents the Bank’s capital position: Actual at September 30 2015 Actual at December 31, 2014 To Be Well Capitalized Under Prompt Corrective Provisions Tangible (1) 14.4 % 13.8 % N/ A Tier 1 Capital (2) 19.9 % 19.4 % 8.0 % Common Equity Tier 1 (2) 19.9 % N/ A 6.5 % Core (1) 14.4 % 13.8 % 5.0 % Total Capital (2) 21.2 % 20.6 % 10.0 % (1) To adjusted total assets. (2) To risk-weighted assets. On April 23, 2013, the Bank was notified by the Office of the Comptroller of the Currency (“OCC”) that the OCC established minimum capital ratios for the Bank requiring it to immediately maintain a Tier 1 Leverage Capital Ratio to Adjusted Total Assets of at least 10% and a Total Risk-Based Capital to Risk-Weighted Assets ratio of at least 15%. The Bank was in compliance with these requirements as of September 30, 2015. On October 15, 2015, the Bank was notified by the OCC that these additional minimum capital ratios were no longer required.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 8 - Stock-Based Compensation Bancorp has a stock-based compensation plan for directors, officers, and other key employees of Bancorp. The aggregate number of shares of common stock that may be issued with respect to the awards granted under the plan is 500,000 plus any shares forfeited under Bancorp’s old stock-based compensation plan. Under the terms of the stock-based compensation plan, Bancorp has the ability to grant various stock compensation incentives, including stock options, stock appreciation rights, and restricted stock. The stock-based compensation is granted under terms and conditions determined by the Compensation Committee of the Board of Directors. Under the stock-based compensation plan, stock options generally have a maximum term of ten years, and are granted with an exercise price at least equal to the fair market value of the common stock on the date the options are granted. Generally, options granted to directors of Bancorp vest immediately, and options granted to officers and employees vest over a five-year period, although the Compensation Committee has the authority to provide for different vesting schedules. Bancorp follows FASB ASC 718, “ Compensation – Stock Compensation There were no options granted during the nine months ended September 30, 2015 and September 30, 2014. Stock-based compensation expense for the three and nine months ended September 30, 2015 totaled $30,000 and $92,000, respectively. Stock-based compensation expense for the three and nine months ended September 30, 2014 totaled $47,000 and $153,000, respectively. There were 21,500 options exercised during the nine months ended September 30, 2015 and 700 options exercised during the nine months ended September 30, 2014. Information regarding Bancorp’s stock-based compensation plan as of and for the nine months ended September 30, 2015 is as follows: 2015 Shares Weighted Average Price Options outstanding, December 31, 2014 328,200 $ 4.33 Options granted - - Options exercised (21,500 ) $ 4.48 Options forfeited (78,400 ) $ 4.29 Options outstanding, September 30, 2015 228,300 $ 4.34 Options exercisable, September 30, 2015 92,815 $ 4.15 The aggregate intrinsic value of the options outstanding as of September 30, 2015 and December 31, 2014 was $109,000 and $122,000, respectively. The aggregate intrinsic value of the options exercisable as of September 30, 2015 and December 31, 2014 was $60,000 and $60,000, respectively. The following table summarizes the nonvested options in Bancorp’s stock option plan as of September 30, 2015. Shares Weighted Average Grant Date Exercise Price Nonvested options outstanding, December 31, 2014 198,505 $ 4.44 Nonvested options granted - - Nonvested options vested (33,020 ) $ 4.30 Nonvested options forfeited (30,000 ) $ 4.29 Nonvested options outstanding, September 30, 2015 135,485 $ 4.47 As of September 30, 2015, there

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2015
Investment Securities [Abstract]
Investment Securities	Note 9 - Investment Securities The amortized cost and fair value of investment securities held to maturity are as follows (dollars in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2015: US Treasury securities $ 23,078 $ 456 $ - $ 23,534 US Agency securities 19,001 282 - 19,283 US Government sponsored mortgage-backed securities 34,872 249 1 35,120 Total $ 76,951 $ 987 $ 1 $ 77,937 December 31, 2014: US Treasury securities $ 27,140 $ 465 $ 29 $ 27,576 US Agency securities 17,044 130 57 17,117 US Government sponsored mortgage-backed securities 15,432 48 50 15,430 Total $ 59,616 $ 643 $ 136 $ 60,123 As of September 30, 2015 and December 31, 2014, there were $0 and The following table shows fair value and unrealized losses, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position as of September 30, 2015 and December 31, 2014. Included in the table is one Mortgage-backed security in a gross unrealized loss position at September 30, 2015. Seven US Treasury securities, ten Agency securities and five Mortgage-backed securities were in a gross unrealized loss position at December 31, 2014. Management believes that the unrealized losses in 2015 and 2014 were the result of interest rate levels differing from those existing at the time of purchase of the securities and actual and estimated prepayment speeds. The Bank does not consider any of these securities to be other than temporarily impaired at September 30, 2015 and December 31, 2014, because the unrealized losses were related primarily to changes in market interest rates and widening of sector spreads and were not necessarily related to the credit quality of the issuers of the securities. In addition, the Bank does not intend to sell, nor does it believe it will be more likely than not that it will be required to sell, any impaired securities prior to a recovery of amortized cost. Less than 12 months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2015: (dollars in thousands) US Treasury securities $ - $ - $ - $ - $ - $ - US Agency securities - - - - - - US Government sponsored mortgage-backed securities 1,534 1 - - 1,534 1 Total $ 1,534 $ 1 $ - $ - $ 1,534 $ 1 Less than 12 months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2014: (dollars in thousands) US Treasury securities $ 6,953 $ 29 $ - $ - $ 6,953 $ 29 US Agency securities 10,024 57 - - 10,024 57 US Government sponsored mortgage-backed securities 13,405 50 - - 13,405 50 Total $ 30,382 $ 136 $ - $ - $ 30,382 $ 136 The amortized cost and estimated fair value of debt securities at September 30, 2015, by contractual maturity are shown in the following table. Actual maturities may differ from contractual maturities, because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Held to Maturity Amortized Cost Estimated Fair Value Due in one year or less $ 10,046 $ 10,105 Due from one year to five years 29,110 29,576 Due from five years to ten years 2,923 3,136 US Government sponsored mortgage-backed securities 34,872 35,120 $ 76,951 $ 77,937

Loans Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2015
Loans Receivable [Abstract]
Loans Receivable	Note 10 - Loans Receivable Loans receivable, included unfunded commitments consist of the following: September 30 December 31 2015 2014 (dollars in thousands) Residential mortgage, total $ 289,463 $ 309,461 Individually evaluated for impairment 27,590 28,535 Collectively evaluated for impairment 261,873 280,926 Construction, land acquisition and development, total 70,506 84,325 Individually evaluated for impairment 561 917 Collectively evaluated for impairment 69,945 83,408 Land, total 29,905 30,426 Individually evaluated for impairment 1,890 2,039 Collectively evaluated for impairment 28,015 28,387 Lines of credit, total 17,811 19,251 Individually evaluated for impairment 402 454 Collectively evaluated for impairment 17,409 18,797 Commercial real estate, total 177,258 198,539 Individually evaluated for impairment 5,477 6,309 Collectively evaluated for impairment 171,781 192,230 Commercial non-real estate, total 8,948 10,167 Individually evaluated for impairment 126 274 Collectively evaluated for impairment 8,822 9,893 Home equity, total 24,909 28,750 Individually evaluated for impairment 2,731 3,551 Collectively evaluated for impairment 22,178 25,199 Consumer, total 988 1,040 Individually evaluated for impairment 12 12 Collectively evaluated for impairment 976 1,028 Total Loans 619,788 681,959 Less Unfunded commitments included above (20,115 ) (36,162 ) $ 599,673 645,797 Individually evaluated for impairment 38,789 42,091 Collectively evaluated for impairment 560,884 603,706 599,673 645,797 Allowance for loan losses (8,689 ) (9,435 ) Deferred loan origination fees and costs, net (2,612 ) (2,480 ) Net Loans $ 588,372 $ 633,882 The inherent credit risks within the portfolio vary depending upon the loan class as follows: Residential mortgage loans Construction, land acquisition and development loans Land loans Line of credit loans Commercial real estate loans Commercial non-real estate loans Home equity loans Consumer loans The loan portfolio segments and loan classes disclosed above are the same because this is the level of detail management uses when the original loan is recorded and is the level of detail used by management to assess and monitor the risk and performance of the portfolio. Management has determined that this level of detail is adequate to understand and manage the inherent risks within each portfolio segment and loan class. Allowance for Loan Losses - The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. When a real estate secured loan becomes impaired, a decision is made as to whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. For such loans that are classified as impaired, an allowance is established when the current market value of the underlying collateral less its estimated disposal costs is lower than the carrying value of that loan. For loans that are not solely collateral dependent, an allowance is established when the present value of the expected future cash flows of the impaired loan is lower than the carrying value of that loan. The general component relates to loans that are classified as doubtful, substandard or special mention that are not considered impaired, as well as non-classified loans. The general reserve is based on historical loss experience adjusted for qualitative factors. These qualitative factors include: · Levels and trends in delinquencies and nonaccruals; · Inherent risk in the loan portfolio; · Trends in volume and terms of the loan; · Effects of any change in lending policies and procedures; · Experience, ability and depth of management; · National and local economic trends and conditions; · Effect of any changes in concentration of credit; and · Industry conditions. A loan is considered impaired if it meets either of the following two criteria: · Loans that are 90 days or more in arrears (nonaccrual loans); or · Loans where, based on current information and events, it is probable that a borrower will be unable to pay all amounts due according to the contractual terms of the loan agreement. Credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans classified as special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the allowance for loan losses. Loans not classified are rated pass. A loan is considered a troubled debt restructuring when for economic or legal reasons relating to the borrowers financial difficulties Bancorp grants a concession to the borrower that it would not otherwise consider. Loan modifications made with terms consistent with current market conditions that the borrower could obtain in the open market are not considered troubled debt restructurings. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. With respect to all loan segments, management does not charge off a loan, or a portion of a loan, until one of the following conditions have been met: · The loan has been foreclosed on. Once the loan has been transferred from the Loans Receivable to Foreclosed Real Estate, a charge off is recorded for the difference between the recorded amount of the loan and the net value of the underlying collateral. · An agreement to accept less than the recorded balance of the loan has been made with the borrower. Once an agreement has been finalized, and any proceeds from the borrower are received, a charge off is recorded for the difference between the recorded amount of the loan and the net value of the underlying collateral. · The loan is considered to be impaired collateral dependent and its collateral valuation is less than the recorded balance. The loan is written down for accounting purposes by the amount of the difference between the recorded balance and collateral value. Prior to the above conditions, a loan is assessed for impairment when: (i) a loan becomes 90 days or more in arrears or (ii) based on current information and events, it is probable that the borrower will be unable to pay all amounts due according to the contractual terms of the loan agreement. If a loan is considered to be impaired, it is then determined to be either cash flow or collateral dependent. For a cash flow dependent loan, if based on management’s calculation of discounted cash flows, a reserve is needed, a specific reserve is recorded. That reserve is included in the Allowance for Loan Losses in the Consolidated Statement of Financial Condition. Over the last several years, Bancorp has experienced an increase in the number of extension requests for commercial real estate and construction loans, some of which have related repayment guarantees. An extension may be granted to allow for the completion of the project, marketing or sales of completed units, or to provide for permanent financing, and is based on a re-underwriting of the loan and management's assessment of the borrower's ability to perform according to the agreed-upon terms. Typically, at the time of an extension, borrowers are performing in accordance with contractual loan terms. Extension terms generally do not exceed 12 to 18 months and typically require that the borrower provide additional economic support in the form of partial repayment, additional collateral or guarantees. In cases where the fair value of the collateral or the financial resources of the borrower are deemed insufficient to repay the loan, reliance may be placed on the support of a guarantee, if applicable. However, such guarantees are not relied on when evaluating a loan for impairment and never considered the sole source of repayment. Bancorp evaluates the financial condition of guarantors based on the most current financial information available. Most often, such information takes the form of (i) personal financial statements of net worth, cash flow statements and tax returns (for individual guarantors) and (ii) financial and operating statements, tax returns and financial projections (for legal entity guarantors). Bancorp’s evaluation is primarily focused on various key financial metrics, including net worth, leverage ratios, and liquidity. It is Bancorp's policy to update such information annually, or more frequently as warranted, over the life of the loan. While Bancorp does not specifically track the frequency with which it has pursued guarantor performance under a guarantee, its underwriting process, both at origination and upon extension, as applicable, includes an assessment of the guarantor's reputation, creditworthiness and willingness to perform. Historically, when Bancorp has found it necessary to seek performance under a guarantee, it has been able to effectively mitigate its losses. As stated above, Bancorp’s ability to seek performance under a guarantee is directly related to the guarantor's reputation, creditworthiness and willingness to perform. When a loan becomes impaired, repayment is sought from both the underlying collateral and the guarantor (as applicable). In the event that the guarantor is unwilling or unable to perform, a legal remedy is pursued. Construction loans are funded, at the request of the borrower, typically not more than once per month, based on the extent of work completed, and are monitored, throughout the life of the project, by independent professional construction inspectors and Bancorp's commercial real estate lending department. Interest is advanced to the borrower, upon request, based upon the progress of the project toward completion. The amount of interest advanced is added to the total outstanding principal under the loan commitment. Should the project not progress as scheduled, the adequacy of the interest reserve necessary to carry the project through to completion is subject to close monitoring by management. Should the interest reserve be deemed to be inadequate, the borrower is required to fund the deficiency. Similarly, once a loan is fully funded, the borrower is required to fund all interest payments. Construction loans are reviewed for extensions upon expiration of the loan term. Provided the loan is performing in accordance with contractual terms, extensions may be granted to allow for the completion of the project, marketing or sales of completed units, or to provide for permanent financing. Extension terms generally do not exceed 12 to 18 months. In general, Bancorp's construction loans are used to finance improvements to commercial, industrial or residential property. Repayment is typically derived from the sale of the property as a whole, the sale of smaller individual units, or by a take-out from a permanent mortgage. The term of the construction period generally does not exceed two years. Loan commitments are based on established construction budgets which represent an estimate of total costs to complete the proposed project including both hard (direct) costs (building materials, labor, etc.) and soft (indirect) costs (legal and architectural fees, etc.). In addition, project costs may include an appropriate level of interest reserve to carry the project through to completion. If established, such interest reserves are determined based on (i) a percentage of the committed loan amount, (ii) the loan term, and (iii) the applicable interest rate. Regardless of whether a loan contains an interest reserve, the total project cost statement serves as the basis for underwriting and determining which items will be funded by the loan and which items will be funded through borrower equity. Bancorp has not advanced additional interest reserves to keep a loan from becoming nonperforming. Bancorp recognized $312,000 and $29,000 of interest income from its loan portfolio from interest reserves during the nine months ended September 30, 2015 and 2014, respectively. None of the loans where interest reserves were recorded as capitalized interest were non-performing. The following is a summary of the allowance for loan losses for the nine and three month periods ended September 30, 2015 (dollars in thousands): Total Residential Mortgage Construction Acquisition Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Nine months ended September 30, 2015 Beginning Balance $ 9,435 $ 4,664 $ 362 $ 646 $ 12 $ 2,504 $ 280 $ 963 $ 4 Provision 200 (311 ) (60 ) (216 ) (30 ) 362 223 233 (1 ) Charge-offs (1,357 ) (383 ) - - - (50 ) (155 ) (769 ) - Recoveries 411 208 - - 40 - 29 134 - Ending Balance $ 8,689 $ 4,178 $ 302 $ 430 $ 22 $ 2,816 $ 377 $ 561 $ 3 Ending balance related to: Loans individually evaluated for impairment $ 2,290 $ 1,883 $ 1 $ 42 $ - $ 322 $ 6 $ 34 $ 2 Loans collectively evaluated for impairment $ 6,399 $ 2,295 $ 301 $ 388 $ 22 $ 2,494 $ 371 $ 527 $ 1 Three months ended September 30, 2015 Beginning Balance $ 8,944 $ 4,396 $ 422 $ 458 $ 21 $ 2,732 $ 394 $ 518 $ 3 Provision - (267 ) (120 ) (28 ) (14 ) 84 135 210 - Charge-offs (484 ) (32 ) - - - - (154 ) (298 ) - Recoveries 229 81 - - 15 - 2 131 - Ending Balance $ 8,689 $ 4,178 $ 302 $ 430 $ 22 $ 2,816 $ 377 $ 561 $ 3 The following is a summary of the allowance for loan losses for the nine and three month periods ended September 30, 2014 (dollars in thousands): Total Residential Mortgage Construction Acquisition Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Nine months ended September 30, 2014 Beginning Balance $ 11,739 $ 6,291 $ 414 $ 1,346 $ 36 $ 2,512 $ 135 $ 1,003 $ 2 Provision 431 (1,213 ) 8 (842 ) 1,282 58 1,300 (157 ) (5 ) Charge-offs (3,680 ) (704 ) (62 ) - (1,313 ) (92 ) (1,311 ) (198 ) - Recoveries 792 257 - 349 - 25 156 - 5 Ending Balance $ 9,282 $ 4,631 $ 360 $ 853 $ 5 $ 2,503 $ 280 $ 648 $ 2 Ending balance related to: Loans individually evaluated for impairment $ 2,464 $ 2,160 $ - $ 56 $ - $ 229 $ 17 $ - $ 2 Loans collectively evaluated for impairment $ 6,818 $ 2,471 $ 360 $ 797 $ 5 $ 2,274 $ 263 $ 648 $ - Three months ended September 30, 2014 Beginning Balance $ 10,828 $ 5,167 $ 480 $ 987 $ 621 $ 2,514 $ 324 $ 731 $ 4 Provision 250 (459 ) (120 ) (134 ) 697 81 275 (83 ) (7 ) Charge-offs (1,858 ) (111 ) - - (1,313 ) (92 ) (342 ) - - Recoveries 62 34 - - - - 23 - 5 Ending Balance $ 9,282 $ 4,631 $ 360 $ 853 $ 5 $ 2,503 $ 280 $ 648 $ 2 The accrual of interest on loans is discontinued at the time the loan is 90 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on non-accrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on non-accrual or charged-off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Bancorp’s policy for recording payments received on non-accrual financing receivables is to record the payment towards principal and interest on a cash basis until such time as the loan is returned to accrual status. The following tables summarize impaired loans at September 30, 2015 and December 31, 2014 (dollars in thousands): Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance September 30, 2015 Residential mortgage $ 13,818 $ 1,883 $ 13,772 $ 27,590 $ 28,333 Construction, acquisition and development 125 1 436 561 561 Land 821 42 1,069 1,890 2.008 Lines of credit - - 402 402 494 Commercial real estate 3,611 322 1,866 5,477 5.595 Commercial non-real estate 106 6 20 126 126 Home equity 35 34 2,696 2,731 3,545 Consumer 11 2 1 12 33 Total impaired loans $ 18,527 $ 2,290 $ 20,262 $ 38,789 $ 40,695 Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance December 31, 2014 Residential mortgage $ 14,094 $ 2,113 $ 14,441 $ 28,535 $ 29,487 Construction, acquisition and development - - 917 917 917 Land 355 53 1,684 2,039 2,157 Lines of credit - - 454 454 545 Commercial real estate 2,529 224 3,780 6,309 6,533 Commercial non-real estate 274 15 - 274 274 Home equity 1,472 370 2,079 3,551 4,274 Consumer 12 2 - 12 12 Total impaired loans $ 18,736 $ 2,777 $ 23,355 $ 42,091 $ 44,199 The following tables summarize average impaired loans for the nine month and three month periods ended September 30, 2015 (dollars in thousands): Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Nine months ended September 30, 2015 Residential mortgage $ 12,438 $ 402 $ 14,101 $ 422 $ 26,539 $ 824 Construction, acquisition and development 125 1 623 23 748 24 Land 843 14 1,118 60 1,961 74 Lines of credit - - 395 17 395 17 Commercial real estate 2,754 94 1,942 121 4,696 215 Commercial non-real estate 249 4 7 13 256 17 Home equity 448 - 2,627 90 3,075 90 Consumer 11 - 551 3 562 3 Total impaired loans $ 16,868 $ 515 $ 21,364 $ 749 $ 38,232 $ 1,264 Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three months ended September 30, 2015 Residential mortgage $ 12,848 $ 137 $ 12,512 $ 125 $ 25,360 $ 262 Construction, acquisition and development 125 1 413 6 538 7 Land 821 8 1,075 16 1,896 24 Lines of credit - - 278 2 278 2 Commercial real estate 3,241 37 1,866 39 5,107 76 Commercial non-real estate 210 1 20 - 230 1 Home equity 12 - 2,663 25 2,675 25 Consumer 11 - 2 - 13 - Total impaired loans $ 17,268 $ 184 $ 18,829 $ 213 $ 36,097 $ 397 The following tables summarize average impaired loans for the nine and three month periods ended September 30, 2014 (dollars in thousands): Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Nine months ended September 30, 2014 Residential mortgage $ 14,361 $ 455 $ 17,567 $ 517 $ 31,928 $ 972 Construction, acquisition and development - - 2,044 45 2,044 45 Land 360 10 1,802 65 2,162 75 Lines of credit 799 15 612 34 1,411 49 Commercial real estate 2,043 92 4,701 171 6,744 263 Commercial non-real estate 252 4 542 23 794 27 Home equity - - 1,678 44 1,678 44 Consumer 13 - - - 13 - Total impaired loans $ 17,828 $ 576 $ 28,945 $ 899 $ 46,774 $ 1,475 Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three months ended September 30, 2014 Residential mortgage $ 14,188 $ 147 $ 14,846 $ 139 $ 29,034 $ 286 Construction, acquisition and development - - 1,191 11 1,191 11 Land 358 3 1,725 24 2,083 27 Lines of credit - - 454 7 454 7 Commercial real estate 2,549 34 3,709 44 6,258 78 Commercial non-real estate 285 1 7 10 292 11 Home equity - - 1,639 15 1,639 15 Consumer 13 - - - 13 - Total impaired loans $ 17,393 $ 185 $ 23,571 $ 250 $ 40,964 $ 435 Bancorp recognized $397,000 and $1,264,000 of interest income on impaired loans using a cash-basis method of accounting for the three months and nine months ended September 30, 2015, and $435,000 and $1,475,000 for the three months and nine months ended September 30, 2014. Bancorp did not record any interest income attributable to the change in present value attributable to the passage of time. Bancorp evaluates its impaired loans and assesses them based on either discounted cash flows or if it deems its loans to be collateral based, assesses impairment based on the net value of the underlying collateral. Included in the above impaired loans amount at September 30, 2015 was $30,577,000 of loans that are not in non-accrual status. The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of September 30, 2015 and December 31, 2014. Included in the Pass column were $20,115,000 and $36,162,000 in unfunded commitments at September 30, 2015 and December 31, 2014, respectively (dollars in thousands): Pass Special Mention Substandard Doubtful Total September 30, 2015 Residential mortgage $ 276,004 $ 7,693 $ 5,766 $ - $ 289,463 Construction, acquisition and development 70,171 125 210 - 70,506 Land 28,466 1,049 390 - 29,905 Lines of credit 17,405 190 216 - 17,811 Commercial real estate 158,167 14,007 5,084 - 177,258 Commercial non-real estate 8,796 133 19 - 8,948 Home equity 22,266 115 2,528 - 24,909 Consumer 987 - 1 - 988 Total loans $ 582,262 $ 23,312 $ 14,214 $ - $ 619,788 Pass Special Mention Substandard Doubtful Total December 31, 2014 Residential mortgage $ 295,589 $ 1,331 $ 12,541 $ - $ 309,461 Construction, acquisition and development 82,778 - 1,547 - 84,325 Land 30,285 - 141 - 30,426 Lines of credit 16,112 2,479 660 - 19,251 Commercial real estate 181,686 7,172 9,681 - 198,539 Commercial non-real estate 9,275 637 255 - 10,167 Home equity 25,769 - 2,981 - 28,750 Consumer 985 - 55 - 1,040 Total loans $ 642,479 $ 11,619 $ 27,861 $ - $ 681,959 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. Included in the Current column were $20,115,000 and $36,162,000 in unfunded commitments at September 30, 2015 and December 31, 2014, respectively. The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of September 30, 2015 and December 31, 2014 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Current Total Loans Non- Accrual September 30, 2015 Residential mortgage $ 1,778 $ 119 $ 2,549 $ 4,446 $ 285,017 $ 289,463 $ 3,775 Construction, acquisition and development - - - - 70,506 70,506 210 Land 12 - 6 18 29,887 29,905 162 Lines of credit - - 66 66 17,745 17,811 216 Commercial real estate - - 19 19 177,239 177,258 355 Commercial non-real estate - - - - 8,948 8,948 1,631 Home equity - - 489 489 24,420 24,909 2,429 Consumer 3 1 - 4 984 988 - Total loans $ 1,793 $ 120 $ 3,129 $ 5,042 $ 614,746 $ 619,788 $ 8,778 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Current Total Loans Non- Accrual December 31, 2014 Residential mortgage $ 2,549 $ 2,333 $ 3,095 $ 7,977 $ 301,484 $ 309,461 $ 6,052 Construction, acquisition and development - - - - 84,325 84,325 115 Land - - 6 6 30,420 30,426 847 Lines of credit - - - - 19,251 19,251 388 Commercial real estate 447 45 375 867 197,672 198,539 652 Commercial non-real estate - - - - 10,167 10,167 1,775 Home equity 174 242 2,417 2,833 25,917 28,750 3,016 Consumer - - - - 1,040 1,040 - Total loans $ 3,170 $ 2,620 $ 5,893 $ 11,683 $ 670,276 $ 681,959 $ 12,845 Bancorp did not have any greater than 90 days and still accruing loans as of the periods ended September 30, 2015 and December 31, 2014. Bancorp offers a variety of modifications to borrowers. The modification categories offered can generally be described in the following categories: · Rate Modification – A modification in which the interest rate is changed. · Term Modification – A modification in which the maturity date, timing of payments or frequency of payments is changed. · Interest Only Modification – A modification in which the loan is converted to interest only payments for a period of time. · Payment Modification – A modification in which the dollar amount of the payment is changed, other than an interest only modification above. · Loan Balance Modification – A modification in which a portion of the outstanding loan balance is forgiven. · Combination Modification – Any other type of modification, including the use of multiple categories above. Bancorp has not purchased, sold or reclassified any loans to held for sale during the periods discussed. Only loans originated specifically for sale are recorded as held for sale at the period ended September 30, 2015 and December 31, 2014. Bancorp considers a modification of a loan term a troubled debt restructuring or “TDR” if Bancorp for economic or legal reasons related to the borrower’s financial difficulties grants a concession to the debtor that it would not otherwise consider. Prior to entering into a loan modification, Bancorp assesses the borrower’s financial condition to determine if the borrower has the means to meet the terms of the modification. This includes obtaining a credit report on the borrower as well as the borrower’s tax returns and financial statements. There were 77 restructured loans at September 30, 2015 totaling $26,284,000, of which 70 loans totaling $24,449,000 were performing as agreed. Of those performing loans, 63 loans totaling $21,114,000 have not been late on a payment during the last 2 years. There were 85 restructured loans at December 31, 2014 totaling $30,365,000, of which 76 loans totaling $27,724,000 were performing as agreed. In the nine months ended September 30, of 2015 and 2014 there were no TDR’s that subsequently defaulted during the 12 month period ended September 30, 2015 and 2014. The following tables present newly restructured loans that occurred during the nine and three months ended September 30, 2015 (dollars in thousands): Nine months ended September 30, 2015 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - $ 91 2 91 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ 91 2 $ 91 2 Post-Modification Outstanding Recorded Investment: Residential mortgage - - $ 200 2 $ 200 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ 200 2 $ 200 2 Three months ended September 30, 2015 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - - - - - Post-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - - - - - In addition, the TDR is evaluated for impairment. A determination is made as to whether an impaired TDR is cash flow or collateral dependent. If the TDR is cash flow dependent, an allowance for loan losses specific reserve is calculated based on the difference in net present value of future cash flows between the original and modified loan terms. If the TDR is collateral dependent, the collateral securing the TDR, which is always real estate, is evaluated for impairment based on either an appraisal or broker price opinion. If a TDR’s collateral valuation is less than its current loan balance, the TDR is written down for accounting purposes by the amount of the difference between the current loan balance and the collateral value. If the borrower performs under the terms of the modification, generally six consecutive months, and the ultimate collectability of all amounts contractually due under the modified terms is not in doubt, the loan is returned to accrual status. There are no loans that have been modified due to the financial difficulties of the borrower that are not considered a TDR. There were no TDR defaults during the nine months ended September 30, 2015 and 2014. The following tables present newly restructured loans that occurred during the nine and three months ended September 30, 2014 (dollars in thousands): Nine months ended September 30, 2014 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - $ 598 2 $ 598 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - 696 8 696 8 Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - 20 1 20 1 Total loans - - $ 1,314 11 $ 1,314 11 Post-Modification Outstanding Recorded Investment: Residential mortgage - - $ 446 2 $ 446 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - 638 8 638 8 Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - 13 1 13 1 Total loans - - $ 1,097 11 $ 1,097 11 Three months ended September 30, 2014 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ - - $ - - Post-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ - - $ - - Interest on TDRs was accounted for under the following methods as of September 30, 2015 and December 31, 2014 (dollars in thousands): Number of Contracts Accrual Status Number of Contracts Non- Accrual Status Total Nu

Fair Values of Financial Instru

Fair Values of Financial Instruments	9 Months Ended
	Sep. 30, 2015
Fair Values of Financial Instruments [Abstract]
Fair Values of Financial Instruments	Note 11 - Fair Values of Financial Instruments A fair value hierarchy that prioritizes the inputs to valuation methods is used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair market hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported with little or no market activity). An asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The following information should not be interpreted as an estimate of the fair value of Bancorp since a fair value calculation is only provided for a limited portion of Bancorp’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between Bancorp’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of Bancorp’s financial instruments at September 30, 2015 and December 31, 2014. Impaired Loans: Impaired loans are carried at the lower of cost or the present value of expected future cash flows of the loan. If it is determined that the repayment of the loan will be provided solely by the underlying collateral, and there are no other available and reliable sources of repayment, the loan is considered collateral dependent. Impaired loans that are considered collateral dependent are carried at the lower of cost or the fair value of the underlying collateral. Collateral may be in the form of real estate or business assets including equipment, inventory and accounts receivable. The use of independent appraisals and management’s best judgment are significant inputs in arriving at the fair value measure of the underlying collateral and impaired loans are therefore classified within level 3 of the fair value hierarchy. For such loans that are classified as impaired, an allowance is established when the present value of the expected future cash flows of the impaired loan is lower than the carrying value of that loan. For such loans that are classified as collateral dependent impaired loans, an allowance is established when the current market value of the underlying collateral less its estimated disposal costs has not been finalized, but management determines that it is likely that the value is lower than the carrying value of that loan. Once the net collateral value has been determined, a charge-off is taken for the difference between the net collateral value and the carrying value of the loan. Impaired loans are those for which Bancorp has measured impairment based on the present value of expected future cash flows or on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. The fair value consisted of the loan balances of $18,527,000 and $18,736,000 at September 30, 2015 and December 31, 2014, respectively, less their valuation allowances of $2,290,000 and $2,777,000 at September 30, 2015 and December 31, 2014, respectively. The fair value of six impaired collateral-dependent loans that were partially charged off during the nine months ended September 30, 2015 totaled $1,312,000 net of charge-offs of $374,000. The fair value of nine impaired collateral-dependent loans that were partially charged off during the year ended December 31, 2014 totaled $3,834,000 net of charge-offs of $477,000. Foreclosed Real Estate: Real estate acquired through foreclosure is included in the following disclosure at the lower of carrying value or fair value less estimated disposal costs. Management periodically evaluates the recoverability of the carrying value of the real estate acquired through foreclosure using current estimates of fair value. In the event of a subsequent decline, management provides a specific allowance to reduce real estate acquired through foreclosure to fair value less estimated disposal cost. Expenses incurred on foreclosed real estate prior to disposition are charged to expense. Gains or losses on the sale of foreclosed real estate are recognized upon disposition of the property. Foreclosed real estate totaled $1,919,000 and $1,947,000 as of September 30, 2015 and December 31, 2014, respectively. The carrying value of foreclosed residential real estate included within foreclosed real estate totaled $1,534,000 and $695,000 as of September 30, 2015 and December 31, 2014, respectively. Consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction totaled $3,130,000 as of September 30, 2015. The following table sets forth financial assets that were accounted for at fair value on a nonrecurring and recurring basis by level within the fair value hierarchy as of September 30, 2015 and December 31, 2014: September 30, 2015 Fair Value Measurement Using: September 30, 2015 Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (dollars in thousands) Nonrecurring fair value measurements Impaired loans $ 17,549 $ - $ - $ 17,549 Foreclosed real estate 1,919 - - 1,919 Total nonrecurring fair value measurements $ 19,468 $ - $ - $ 19,468 Recurring fair value measurements Mortgage servicing rights $ 611 $ - $ - $ 611 Rate lock commitments 327 - 327 - Mandatory forward contracts (21 ) - (21 ) - Total recurring fair value measurements $ 917 $ - $ 306 $ 611 December 31, 2014 Fair Value Measurement Using: December 31, 2014 Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (dollars in thousands) Nonrecurring fair value measurements Impaired loans $ 19,793 $ - $ - $ 19,793 Foreclosed real estate 1,947 - - 1,947 Total nonrecurring fair value measurements $ 21,740 $ - $ - $ 21,740 Recurring fair value measurements Mortgage servicing rights $ 658 $ - $ - $ 658 Rate lock commitments 139 - 139 - Mandatory forward contracts (59 ) - (59 ) - Total recurring fair value measurements $ 738 $ - $ 80 $ 658 There were no liabilities that were required to be re-measured on a nonrecurring basis at September 30, 2015 or December 31, 2014. The following table presents additional quantitative information about assets measured at fair value on a recurring basis and for which Bancorp has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) September 30, 2015 Mortgage servicing rights $ 611 Market approach Weighted average prepayment speed 9.14 % December 31, 2014 Mortgage servicing rights $ 658 Market approach Weighted average prepayment speed 8.81 % All appraisals are reviewed by the credit department; however, no modifications or adjustments are made to the appraisals received. The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Bancorp has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) September 30, 2015 Impaired loans $ 16,327 PV of future cash flows (1) Discount rate -6.00% 1,312 Appraisal of collateral (2) Liquidation expenses (3) -6.00% Foreclosed real estate $ 1,919 Appraisal of collateral (2),(4) Appraisal adjustments (3) -6.23% to -100% (-21.24%) December 31, 2014 Impaired loans $ 15,589 PV of future cash flows (1) Discount rate -6.00% $ 4,204 Appraisal of collateral (2) Liquidation expenses (3) -6.00% Foreclosed real estate $ 1,947 Appraisal of collateral (2),(4) Appraisal adjustments (3) -6.51% to -100% (-13.94%) (1) Cash flow which generally includes various level 3 inputs which are not identifiable. (2) Fair value is generally determined through independent appraisals for the underlying collateral, which generally include various level 3 inputs which are not identifiable. (3) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. (4) Includes qualitative adjustments by management and estimated liquidation expenses. The estimated fair values of Bancorp's financial instruments as of September 30, 2015 and December 31, 2014 were as follows: Fair Value Measurement at September 30, 2015 Carrying Amount Fair Value Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets (dollars in thousands) Cash and cash equivalents $ 55,421 $ 55,421 $ 55,421 $ - $ - Investment securities (HTM) 76,951 77,937 - 77,937 - Loans held for sale 12,982 13,343 - 13,343 - Loans receivable, net 588,372 604,754 - - 604,754 FHLB stock 5,626 5,626 - 5,626 - Accrued interest receivable 2,234 2,234 - 2,234 - Mortgage servicing rights 611 611 - - 611 Rate lock commitments 327 327 - 327 - Mandatory forward contracts (21 ) (21 ) - (21 ) - Financial Liabilities Deposits $ 536,646 $ 537,237 - 537,237 - FHLB advances 115,000 109,446 - 109,446 - Subordinated debentures 24,119 24,119 - - 24,119 Accrued interest payable 2,861 2,861 - 2,861 - Off Balance Sheet Commitments $ - $ - $ - $ - $ - Fair Value Measurement at December 31, 2014 Carrying Amount Fair Value Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets (dollars in thousands) Cash and cash equivalents $ 33,335 $ 33,335 $ 33,335 $ - $ - Investment securities (HTM) 59,616 60,123 - 60,123 - Loans held for sale 7,165 7,211 - 7,211 - Loans receivable, net 633,882 636,696 - - 636,696 FHLB stock 5,936 5,936 - 5,936 - Accrued interest receivable 2,297 2,297 - 2,297 - Mortgage servicing rights 658 658 - - 658 Rate lock commitments 139 139 - 139 - Financial Liabilities Deposits $ 543,814 $ 544,751 - 544,751 - FHLB advances 115,000 108,859 - 108,859 - Subordinated debentures 24,119 24,119 - - 24,119 Accrued interest payable 2,136 2,136 - 2,136 - Mandatory forward contracts 59 59 - 59 - Off Balance Sheet Commitments $ - $ - $ - $ - $ - The following methods and assumptions were used to measure the fair value of financial instruments recorded at cost on Bancorp’s consolidated balance sheet: Cash and cash equivalents: The carrying amount reported in the consolidated statements of financial condition for cash and cash equivalents approximate those assets’ fair values. Investment Securities: Bancorp utilizes a third party source to determine the fair value of its securities. The methodology consists of pricing models based on asset class and includes available trade, bid, other market information, broker quotes, proprietary models, various databases and trading desk quotes. All Bancorp’s investments are considered Level 2. Loans held for sale: The fair value of loans held for sale is based primarily on investor quotes. Loans receivable: The fair values of loans receivable were estimated using discounted cash flow analyses, using market interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. These rates were used for each aggregated category of loans as reported on the Office of the Comptroller of the Currency Quarterly Report. FHLB stock: The carrying amount of FHLB stock approximates fair value based on the redemption provisions of the FHLB. There have been no identified events or changes in circumstances that may have a significant adverse effect on the FHLB stock. Based on our evaluation, we have concluded that our FHLB stock was not impaired at September 30, 2015 and December 31, 2014. Accrued interest receivable and payable: The carrying amounts of accrued interest receivable and accrued interest payable approximates their fair values. Derivative Instruments: Mortgage banking derivatives used in the ordinary course of business primarily consist of mandatory forward sales contracts (“forward contract”) and rate lock commitments. The fair value of Bancorp’s derivative instruments is primarily measured by obtaining pricing from broker-dealers recognized to be market participants. The pricing is derived from market observable inputs that can generally be verified and do not typically involve significant judgment by Bancorp. Forward contracts and rate lock loan commitments are classified as Level 2 in the fair value hierarchy Mortgage servicing rights: The fair value of mortgage servicing rights is determined using a valuation model administered by a third party that calculates the present value of estimated future net servicing income. The model incorporates assumptions that market participants use in estimating future net servicing income, including estimates of prepayment speeds, discount rate, default rates, cost to service (including delinquency and foreclosure costs), escrow account earnings, contractual servicing fee income and other ancillary income such as late fees. Management reviews all significant assumptions on a monthly basis. Mortgage loan prepayment speed, a key assumption in the model, is the annual rate at which borrowers are forecasted to repay their mortgage loan principal. The discount rate used to determine the present value of estimated future net servicing income, another key assumption in the model, is an estimate of the required rate of return investors in the market would require for an asset with similar risk. Both assumptions can, and generally will, change as market conditions and interest rates change. Deposit liabilities: The fair values disclosed for demand deposit accounts, savings accounts and money market deposits are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies market interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. FHLB advances: Fair values of long-term debt are estimated using discounted cash flow analysis, based on rates currently available for advances from the FHLB with similar terms and remaining maturities. Subordinated debentures: Current economic conditions have rendered the market for this liability inactive. As such, Bancorp is unable to determine a good estimate of fair value. Since the rate paid on the debentures held is lower than what would be required to secure an interest in the same debt at year end and we are unable to obtain a current fair value, Bancorp has disclosed that the carrying value approximates the fair value. Off-balance sheet financial instruments: Fair values for Bancorp’s off-balance sheet financial instruments (lending commitments and letters of credit) are not significant and are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 12 - Recent Accounting Pronouncements Under ASU 2014-04, Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure Under ASU 2014-09, Revenue from Contracts with Customers

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings per share reconciliation	Not included in the diluted earnings per share calculation for the three and nine month periods ended September 30, 2015, because they were anti-dilutive, were 40,000 and 125,000 shares, respectively, of common stock issuable upon exercise of outstanding stock options, 556,976 shares of common stock issuable upon the exercise of a warrant and 437,500 shares of common stock issuable upon conversion of Bancorp’s Series A Preferred Stock. Not included for the three and nine month periods ended September 30, 2014, because they were anti-dilutive, were 125,000 shares of common stock issuable upon exercise of outstanding stock options, 556,976 shares of common stock issuable upon the exercise of a warrant and 437,500 shares of common stock issuable upon conversion of Bancorp’s Series A Preferred Stock. Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Common shares – weighted average (basic) 10,088,879 10,067,379 10,082,278 10,067,379 Common share equivalents – weighted average 24,181 34,066 24,688 35,968 Common shares – weighted average (diluted) 10,116,060 10,101,445 10,106,967 10,103,347

Regulatory Matters (Tables)

Regulatory Matters (Tables)	9 Months Ended
	Sep. 30, 2015
Regulatory Matters [Abstract]
Bank's actual capital amounts and ratios	The following table presents the Bank’s capital position: Actual at September 30 2015 Actual at December 31, 2014 To Be Well Capitalized Under Prompt Corrective Provisions Tangible (1) 14.4 % 13.8 % N/ A Tier 1 Capital (2) 19.9 % 19.4 % 8.0 % Common Equity Tier 1 (2) 19.9 % N/ A 6.5 % Core (1) 14.4 % 13.8 % 5.0 % Total Capital (2) 21.2 % 20.6 % 10.0 % (1) To adjusted total assets. (2) To risk-weighted assets.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2015
Stock-Based Compensation [Abstract]
Information regarding stock option plan	Information regarding Bancorp’s stock-based compensation plan as of and for the nine months ended September 30, 2015 is as follows: 2015 Shares Weighted Average Price Options outstanding, December 31, 2014 328,200 $ 4.33 Options granted - - Options exercised (21,500 ) $ 4.48 Options forfeited (78,400 ) $ 4.29 Options outstanding, September 30, 2015 228,300 $ 4.34 Options exercisable, September 30, 2015 92,815 $ 4.15
Summary of nonvested options in stock option plan	The following table summarizes the nonvested options in Bancorp’s stock option plan as of September 30, 2015. Shares Weighted Average Grant Date Exercise Price Nonvested options outstanding, December 31, 2014 198,505 $ 4.44 Nonvested options granted - - Nonvested options vested (33,020 ) $ 4.30 Nonvested options forfeited (30,000 ) $ 4.29 Nonvested options outstanding, September 30, 2015 135,485 $ 4.47

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2015
Investment Securities [Abstract]
Amortized cost and fair value of investment securities held to maturity	The amortized cost and fair value of investment securities held to maturity are as follows (dollars in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2015: US Treasury securities $ 23,078 $ 456 $ - $ 23,534 US Agency securities 19,001 282 - 19,283 US Government sponsored mortgage-backed securities 34,872 249 1 35,120 Total $ 76,951 $ 987 $ 1 $ 77,937 December 31, 2014: US Treasury securities $ 27,140 $ 465 $ 29 $ 27,576 US Agency securities 17,044 130 57 17,117 US Government sponsored mortgage-backed securities 15,432 48 50 15,430 Total $ 59,616 $ 643 $ 136 $ 60,123
Schedule of temporary impairment losses	In addition, the Bank does not intend to sell, nor does it believe it will be more likely than not that it will be required to sell, any impaired securities prior to a recovery of amortized cost. Less than 12 months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2015: (dollars in thousands) US Treasury securities $ - $ - $ - $ - $ - $ - US Agency securities - - - - - - US Government sponsored mortgage-backed securities 1,534 1 - - 1,534 1 Total $ 1,534 $ 1 $ - $ - $ 1,534 $ 1 Less than 12 months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2014: (dollars in thousands) US Treasury securities $ 6,953 $ 29 $ - $ - $ 6,953 $ 29 US Agency securities 10,024 57 - - 10,024 57 US Government sponsored mortgage-backed securities 13,405 50 - - 13,405 50 Total $ 30,382 $ 136 $ - $ - $ 30,382 $ 136
Amortized cost and estimated fair value of debt securities	The amortized cost and estimated fair value of debt securities at September 30, 2015, by contractual maturity are shown in the following table. Actual maturities may differ from contractual maturities, because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Held to Maturity Amortized Cost Estimated Fair Value Due in one year or less $ 10,046 $ 10,105 Due from one year to five years 29,110 29,576 Due from five years to ten years 2,923 3,136 US Government sponsored mortgage-backed securities 34,872 35,120 $ 76,951 $ 77,937

Loans Receivable (Tables)

Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2015
Loans Receivable [Abstract]
Loans receivable	Loans receivable, included unfunded commitments consist of the following: September 30 December 31 2015 2014 (dollars in thousands) Residential mortgage, total $ 289,463 $ 309,461 Individually evaluated for impairment 27,590 28,535 Collectively evaluated for impairment 261,873 280,926 Construction, land acquisition and development, total 70,506 84,325 Individually evaluated for impairment 561 917 Collectively evaluated for impairment 69,945 83,408 Land, total 29,905 30,426 Individually evaluated for impairment 1,890 2,039 Collectively evaluated for impairment 28,015 28,387 Lines of credit, total 17,811 19,251 Individually evaluated for impairment 402 454 Collectively evaluated for impairment 17,409 18,797 Commercial real estate, total 177,258 198,539 Individually evaluated for impairment 5,477 6,309 Collectively evaluated for impairment 171,781 192,230 Commercial non-real estate, total 8,948 10,167 Individually evaluated for impairment 126 274 Collectively evaluated for impairment 8,822 9,893 Home equity, total 24,909 28,750 Individually evaluated for impairment 2,731 3,551 Collectively evaluated for impairment 22,178 25,199 Consumer, total 988 1,040 Individually evaluated for impairment 12 12 Collectively evaluated for impairment 976 1,028 Total Loans 619,788 681,959 Less Unfunded commitments included above (20,115 ) (36,162 ) $ 599,673 645,797 Individually evaluated for impairment 38,789 42,091 Collectively evaluated for impairment 560,884 603,706 599,673 645,797 Allowance for loan losses (8,689 ) (9,435 ) Deferred loan origination fees and costs, net (2,612 ) (2,480 ) Net Loans $ 588,372 $ 633,882
Allowance for loan losses	The following is a summary of the allowance for loan losses for the nine and three month periods ended September 30, 2015 (dollars in thousands): Total Residential Mortgage Construction Acquisition Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Nine months ended September 30, 2015 Beginning Balance $ 9,435 $ 4,664 $ 362 $ 646 $ 12 $ 2,504 $ 280 $ 963 $ 4 Provision 200 (311 ) (60 ) (216 ) (30 ) 362 223 233 (1 ) Charge-offs (1,357 ) (383 ) - - - (50 ) (155 ) (769 ) - Recoveries 411 208 - - 40 - 29 134 - Ending Balance $ 8,689 $ 4,178 $ 302 $ 430 $ 22 $ 2,816 $ 377 $ 561 $ 3 Ending balance related to: Loans individually evaluated for impairment $ 2,290 $ 1,883 $ 1 $ 42 $ - $ 322 $ 6 $ 34 $ 2 Loans collectively evaluated for impairment $ 6,399 $ 2,295 $ 301 $ 388 $ 22 $ 2,494 $ 371 $ 527 $ 1 Three months ended September 30, 2015 Beginning Balance $ 8,944 $ 4,396 $ 422 $ 458 $ 21 $ 2,732 $ 394 $ 518 $ 3 Provision - (267 ) (120 ) (28 ) (14 ) 84 135 210 - Charge-offs (484 ) (32 ) - - - - (154 ) (298 ) - Recoveries 229 81 - - 15 - 2 131 - Ending Balance $ 8,689 $ 4,178 $ 302 $ 430 $ 22 $ 2,816 $ 377 $ 561 $ 3 The following is a summary of the allowance for loan losses for the nine and three month periods ended September 30, 2014 (dollars in thousands): Total Residential Mortgage Construction Acquisition Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Nine months ended September 30, 2014 Beginning Balance $ 11,739 $ 6,291 $ 414 $ 1,346 $ 36 $ 2,512 $ 135 $ 1,003 $ 2 Provision 431 (1,213 ) 8 (842 ) 1,282 58 1,300 (157 ) (5 ) Charge-offs (3,680 ) (704 ) (62 ) - (1,313 ) (92 ) (1,311 ) (198 ) - Recoveries 792 257 - 349 - 25 156 - 5 Ending Balance $ 9,282 $ 4,631 $ 360 $ 853 $ 5 $ 2,503 $ 280 $ 648 $ 2 Ending balance related to: Loans individually evaluated for impairment $ 2,464 $ 2,160 $ - $ 56 $ - $ 229 $ 17 $ - $ 2 Loans collectively evaluated for impairment $ 6,818 $ 2,471 $ 360 $ 797 $ 5 $ 2,274 $ 263 $ 648 $ - Three months ended September 30, 2014 Beginning Balance $ 10,828 $ 5,167 $ 480 $ 987 $ 621 $ 2,514 $ 324 $ 731 $ 4 Provision 250 (459 ) (120 ) (134 ) 697 81 275 (83 ) (7 ) Charge-offs (1,858 ) (111 ) - - (1,313 ) (92 ) (342 ) - - Recoveries 62 34 - - - - 23 - 5 Ending Balance $ 9,282 $ 4,631 $ 360 $ 853 $ 5 $ 2,503 $ 280 $ 648 $ 2
Impaired loans	The following tables summarize impaired loans at September 30, 2015 and December 31, 2014 (dollars in thousands): Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance September 30, 2015 Residential mortgage $ 13,818 $ 1,883 $ 13,772 $ 27,590 $ 28,333 Construction, acquisition and development 125 1 436 561 561 Land 821 42 1,069 1,890 2.008 Lines of credit - - 402 402 494 Commercial real estate 3,611 322 1,866 5,477 5.595 Commercial non-real estate 106 6 20 126 126 Home equity 35 34 2,696 2,731 3,545 Consumer 11 2 1 12 33 Total impaired loans $ 18,527 $ 2,290 $ 20,262 $ 38,789 $ 40,695 Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance December 31, 2014 Residential mortgage $ 14,094 $ 2,113 $ 14,441 $ 28,535 $ 29,487 Construction, acquisition and development - - 917 917 917 Land 355 53 1,684 2,039 2,157 Lines of credit - - 454 454 545 Commercial real estate 2,529 224 3,780 6,309 6,533 Commercial non-real estate 274 15 - 274 274 Home equity 1,472 370 2,079 3,551 4,274 Consumer 12 2 - 12 12 Total impaired loans $ 18,736 $ 2,777 $ 23,355 $ 42,091 $ 44,199 The following tables summarize average impaired loans for the nine month and three month periods ended September 30, 2015 (dollars in thousands): Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Nine months ended September 30, 2015 Residential mortgage $ 12,438 $ 402 $ 14,101 $ 422 $ 26,539 $ 824 Construction, acquisition and development 125 1 623 23 748 24 Land 843 14 1,118 60 1,961 74 Lines of credit - - 395 17 395 17 Commercial real estate 2,754 94 1,942 121 4,696 215 Commercial non-real estate 249 4 7 13 256 17 Home equity 448 - 2,627 90 3,075 90 Consumer 11 - 551 3 562 3 Total impaired loans $ 16,868 $ 515 $ 21,364 $ 749 $ 38,232 $ 1,264 Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three months ended September 30, 2015 Residential mortgage $ 12,848 $ 137 $ 12,512 $ 125 $ 25,360 $ 262 Construction, acquisition and development 125 1 413 6 538 7 Land 821 8 1,075 16 1,896 24 Lines of credit - - 278 2 278 2 Commercial real estate 3,241 37 1,866 39 5,107 76 Commercial non-real estate 210 1 20 - 230 1 Home equity 12 - 2,663 25 2,675 25 Consumer 11 - 2 - 13 - Total impaired loans $ 17,268 $ 184 $ 18,829 $ 213 $ 36,097 $ 397 The following tables summarize average impaired loans for the nine and three month periods ended September 30, 2014 (dollars in thousands): Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Nine months ended September 30, 2014 Residential mortgage $ 14,361 $ 455 $ 17,567 $ 517 $ 31,928 $ 972 Construction, acquisition and development - - 2,044 45 2,044 45 Land 360 10 1,802 65 2,162 75 Lines of credit 799 15 612 34 1,411 49 Commercial real estate 2,043 92 4,701 171 6,744 263 Commercial non-real estate 252 4 542 23 794 27 Home equity - - 1,678 44 1,678 44 Consumer 13 - - - 13 - Total impaired loans $ 17,828 $ 576 $ 28,945 $ 899 $ 46,774 $ 1,475 Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Three months ended September 30, 2014 Residential mortgage $ 14,188 $ 147 $ 14,846 $ 139 $ 29,034 $ 286 Construction, acquisition and development - - 1,191 11 1,191 11 Land 358 3 1,725 24 2,083 27 Lines of credit - - 454 7 454 7 Commercial real estate 2,549 34 3,709 44 6,258 78 Commercial non-real estate 285 1 7 10 292 11 Home equity - - 1,639 15 1,639 15 Consumer 13 - - - 13 - Total impaired loans $ 17,393 $ 185 $ 23,571 $ 250 $ 40,964 $ 435
Classes of the loan portfolio	The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of September 30, 2015 and December 31, 2014. Included in the Pass column were $20,115,000 and $36,162,000 in unfunded commitments at September 30, 2015 and December 31, 2014, respectively (dollars in thousands): Pass Special Mention Substandard Doubtful Total September 30, 2015 Residential mortgage $ 276,004 $ 7,693 $ 5,766 $ - $ 289,463 Construction, acquisition and development 70,171 125 210 - 70,506 Land 28,466 1,049 390 - 29,905 Lines of credit 17,405 190 216 - 17,811 Commercial real estate 158,167 14,007 5,084 - 177,258 Commercial non-real estate 8,796 133 19 - 8,948 Home equity 22,266 115 2,528 - 24,909 Consumer 987 - 1 - 988 Total loans $ 582,262 $ 23,312 $ 14,214 $ - $ 619,788 Pass Special Mention Substandard Doubtful Total December 31, 2014 Residential mortgage $ 295,589 $ 1,331 $ 12,541 $ - $ 309,461 Construction, acquisition and development 82,778 - 1,547 - 84,325 Land 30,285 - 141 - 30,426 Lines of credit 16,112 2,479 660 - 19,251 Commercial real estate 181,686 7,172 9,681 - 198,539 Commercial non-real estate 9,275 637 255 - 10,167 Home equity 25,769 - 2,981 - 28,750 Consumer 985 - 55 - 1,040 Total loans $ 642,479 $ 11,619 $ 27,861 $ - $ 681,959
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans	The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of September 30, 2015 and December 31, 2014 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Current Total Loans Non- Accrual September 30, 2015 Residential mortgage $ 1,778 $ 119 $ 2,549 $ 4,446 $ 285,017 $ 289,463 $ 3,775 Construction, acquisition and development - - - - 70,506 70,506 210 Land 12 - 6 18 29,887 29,905 162 Lines of credit - - 66 66 17,745 17,811 216 Commercial real estate - - 19 19 177,239 177,258 355 Commercial non-real estate - - - - 8,948 8,948 1,631 Home equity - - 489 489 24,420 24,909 2,429 Consumer 3 1 - 4 984 988 - Total loans $ 1,793 $ 120 $ 3,129 $ 5,042 $ 614,746 $ 619,788 $ 8,778 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Current Total Loans Non- Accrual December 31, 2014 Residential mortgage $ 2,549 $ 2,333 $ 3,095 $ 7,977 $ 301,484 $ 309,461 $ 6,052 Construction, acquisition and development - - - - 84,325 84,325 115 Land - - 6 6 30,420 30,426 847 Lines of credit - - - - 19,251 19,251 388 Commercial real estate 447 45 375 867 197,672 198,539 652 Commercial non-real estate - - - - 10,167 10,167 1,775 Home equity 174 242 2,417 2,833 25,917 28,750 3,016 Consumer - - - - 1,040 1,040 - Total loans $ 3,170 $ 2,620 $ 5,893 $ 11,683 $ 670,276 $ 681,959 $ 12,845
Newly restructured loans during the period	The following tables present newly restructured loans that occurred during the nine and three months ended September 30, 2015 (dollars in thousands): Nine months ended September 30, 2015 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - $ 91 2 91 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ 91 2 $ 91 2 Post-Modification Outstanding Recorded Investment: Residential mortgage - - $ 200 2 $ 200 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ 200 2 $ 200 2 Three months ended September 30, 2015 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - - - - - Post-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - - - - - The following tables present newly restructured loans that occurred during the nine and three months ended September 30, 2014 (dollars in thousands): Nine months ended September 30, 2014 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - $ 598 2 $ 598 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - 696 8 696 8 Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - 20 1 20 1 Total loans - - $ 1,314 11 $ 1,314 11 Post-Modification Outstanding Recorded Investment: Residential mortgage - - $ 446 2 $ 446 2 Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - 638 8 638 8 Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - 13 1 13 1 Total loans - - $ 1,097 11 $ 1,097 11 Three months ended September 30, 2014 Rate Modification Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ - - $ - - Post-Modification Outstanding Recorded Investment: Residential mortgage - - - - - - Construction, acquisition and development - - - - - - Land - - - - - - Lines of credit - - - - - - Commercial real estate - - - - - - Commercial non-real estate - - - - - - Home equity - - - - - - Consumer - - - - - - Total loans - - $ - - $ - -
Methods used to account for interest on TDRs	Interest on TDRs was accounted for under the following methods as of September 30, 2015 and December 31, 2014 (dollars in thousands): Number of Contracts Accrual Status Number of Contracts Non- Accrual Status Total Number of Contracts Total Modifications September 30, 2015 Residential mortgage 55 $ 21,112 3 $ 1,075 58 $ 22,187 Construction, acquisition and Development 2 351 - - 2 351 Land 5 890 1 6 6 896 Lines of credit - - - - - - Commercial real estate 3 1,978 3 754 6 2,732 Commercial non-real estate 4 107 - - 4 107 Home equity - - - - - - Consumer 1 11 - - 1 11 Total loans 70 $ 24,449 7 $ 1,835 77 $ 26,284 December 31, 2014 Residential mortgage 57 $ 22,154 5 $ 2,402 62 $ 24,556 Construction, acquisition and development 2 803 - - 2 803 Land 5 982 1 6 6 988 Lines of credit - - - - - - Commercial real estate 6 3,623 1 109 7 3,732 Commercial non-real estate 5 150 2 124 7 274 Home equity - - - - - - Consumer 1 12 - - 1 12 Total loans 76 $ 27,724 9 $ 2,641 85 $ 30,365
Financial instruments whose contract amounts represents credit risk	Unless otherwise noted, the Bank requires collateral or other security to support financial instruments with off-balance-sheet credit risk (dollars in thousands). Financial Instruments Whose Contract Contract Amount At Amounts Represent Credit Risk September 30, 2015 December 31, 2014 Standby letters of credit $ 6,015 $ 7,357 Home equity lines of credit 7,655 8,571 Unadvanced construction commitments 20,115 36,162 Mortgage loan commitments 2,901 2,120 Lines of credit 25,518 23,844 Loans sold with limited repurchase provisions 68,978 38,247

Fair Values of Financial Inst25

Fair Values of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Values of Financial Instruments [Abstract]
Financial assets accounted for at fair value on a nonrecurring and recurring basis	The following table sets forth financial assets that were accounted for at fair value on a nonrecurring and recurring basis by level within the fair value hierarchy as of September 30, 2015 and December 31, 2014: September 30, 2015 Fair Value Measurement Using: September 30, 2015 Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (dollars in thousands) Nonrecurring fair value measurements Impaired loans $ 17,549 $ - $ - $ 17,549 Foreclosed real estate 1,919 - - 1,919 Total nonrecurring fair value measurements $ 19,468 $ - $ - $ 19,468 Recurring fair value measurements Mortgage servicing rights $ 611 $ - $ - $ 611 Rate lock commitments 327 - 327 - Mandatory forward contracts (21 ) - (21 ) - Total recurring fair value measurements $ 917 $ - $ 306 $ 611 December 31, 2014 Fair Value Measurement Using: December 31, 2014 Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (dollars in thousands) Nonrecurring fair value measurements Impaired loans $ 19,793 $ - $ - $ 19,793 Foreclosed real estate 1,947 - - 1,947 Total nonrecurring fair value measurements $ 21,740 $ - $ - $ 21,740 Recurring fair value measurements Mortgage servicing rights $ 658 $ - $ - $ 658 Rate lock commitments 139 - 139 - Mandatory forward contracts (59 ) - (59 ) - Total recurring fair value measurements $ 738 $ - $ 80 $ 658
Assets measured at fair value on a recurring and nonrecurring basis utilizing level 3 input	The following table presents additional quantitative information about assets measured at fair value on a recurring basis and for which Bancorp has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) September 30, 2015 Mortgage servicing rights $ 611 Market approach Weighted average prepayment speed 9.14 % December 31, 2014 Mortgage servicing rights $ 658 Market approach Weighted average prepayment speed 8.81 % All appraisals are reviewed by the credit department; however, no modifications or adjustments are made to the appraisals received. The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Bancorp has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) September 30, 2015 Impaired loans $ 16,327 PV of future cash flows (1) Discount rate -6.00% 1,312 Appraisal of collateral (2) Liquidation expenses (3) -6.00% Foreclosed real estate $ 1,919 Appraisal of collateral (2),(4) Appraisal adjustments (3) -6.23% to -100% (-21.24%) December 31, 2014 Impaired loans $ 15,589 PV of future cash flows (1) Discount rate -6.00% $ 4,204 Appraisal of collateral (2) Liquidation expenses (3) -6.00% Foreclosed real estate $ 1,947 Appraisal of collateral (2),(4) Appraisal adjustments (3) -6.51% to -100% (-13.94%) (1) Cash flow which generally includes various level 3 inputs which are not identifiable. (2) Fair value is generally determined through independent appraisals for the underlying collateral, which generally include various level 3 inputs which are not identifiable. (3) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. (4) Includes qualitative adjustments by management and estimated liquidation expenses.
Estimated fair values of financial instruments	The estimated fair values of Bancorp's financial instruments as of September 30, 2015 and December 31, 2014 were as follows: Fair Value Measurement at September 30, 2015 Carrying Amount Fair Value Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets (dollars in thousands) Cash and cash equivalents $ 55,421 $ 55,421 $ 55,421 $ - $ - Investment securities (HTM) 76,951 77,937 - 77,937 - Loans held for sale 12,982 13,343 - 13,343 - Loans receivable, net 588,372 604,754 - - 604,754 FHLB stock 5,626 5,626 - 5,626 - Accrued interest receivable 2,234 2,234 - 2,234 - Mortgage servicing rights 611 611 - - 611 Rate lock commitments 327 327 - 327 - Mandatory forward contracts (21 ) (21 ) - (21 ) - Financial Liabilities Deposits $ 536,646 $ 537,237 - 537,237 - FHLB advances 115,000 109,446 - 109,446 - Subordinated debentures 24,119 24,119 - - 24,119 Accrued interest payable 2,861 2,861 - 2,861 - Off Balance Sheet Commitments $ - $ - $ - $ - $ - Fair Value Measurement at December 31, 2014 Carrying Amount Fair Value Quoted Prices in Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets (dollars in thousands) Cash and cash equivalents $ 33,335 $ 33,335 $ 33,335 $ - $ - Investment securities (HTM) 59,616 60,123 - 60,123 - Loans held for sale 7,165 7,211 - 7,211 - Loans receivable, net 633,882 636,696 - - 636,696 FHLB stock 5,936 5,936 - 5,936 - Accrued interest receivable 2,297 2,297 - 2,297 - Mortgage servicing rights 658 658 - - 658 Rate lock commitments 139 139 - 139 - Financial Liabilities Deposits $ 543,814 $ 544,751 - 544,751 - FHLB advances 115,000 108,859 - 108,859 - Subordinated debentures 24,119 24,119 - - 24,119 Accrued interest payable 2,136 2,136 - 2,136 - Mandatory forward contracts 59 59 - 59 - Off Balance Sheet Commitments $ - $ - $ - $ - $ -

Cash Flow Presentation (Details

Cash Flow Presentation (Details)	9 Months Ended
	Sep. 30, 2015
Cash Flow Presentation [Abstract]
Period when federal funds are sold	1 day

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Weighted average number of shares outstanding reconciliation [Abstract]
Common shares - weighted average (basic) (in shares)	10,088,879	10,067,379	10,082,278	10,067,379
Common share equivalents - weighted average (in shares)	24,181	34,066	24,688	35,968
Common shares - weighted average (diluted) (in shares)	10,116,060	10,101,445	10,106,967	10,103,347
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	40,000	125,000	125,000	125,000
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	559,976	556,976	556,976	556,976
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	437,500	437,500	437,500	437,500

Regulatory Matters (Details)

Regulatory Matters (Details)		Sep. 30, 2015		Dec. 31, 2014		Apr. 23, 2013
Tangible [Abstract]
Tangible Actual	[1]	14.40%		13.80%
Tier I Capital [Abstract]
Tier I Capital Actual		19.90%	[2]	19.40%	[2]	10.00%
Tier I Capital To Be Well Capitalized Under Prompt Corrective Provisions	[2]	8.00%
Common Equity Tier 1 [Abstract]
Common Equity Tier I Capital Actual	[2]	19.90%
Common Equity Tier I Capital To Be Well Capitalized Under Prompt Corrective Provisions	[2]	6.50%
Core [Abstract]
Core Actual	[1]	14.40%		13.80%
Core To Be Well Capitalized Under Prompt Corrective Action Provisions	[1]	5.00%
Total Capital [Abstract]
Total Capital Actual		21.20%	[2]	20.60%	[2]	15.00%
Total Capital To Be Well Capitalized Under Prompt Corrective Action Provisions	[2]	10.00%
[1]	To adjusted total assets.
[2]	To risk-weighted assets.

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under the plan (in shares)	500,000		500,000
Stock-based compensation expense	$ 30,000	$ 47,000	$ 92,000	$ 153,000
Shares [Roll Forward]
Options outstanding, Beginning period (in shares)			328,200
Options granted (in shares)			0	0
Options exercised (in shares)			(21,500)	(700)
Options forfeited (in shares)			(78,400)
Options outstanding, Ending period (in shares)	228,300		228,300
Options exercisable, Ending period (in shares)	92,815		92,815
Weighted Average Price [Roll Forward]
Options outstanding, Beginning period (in dollars per share)			$ 4.33
Options granted (in dollars per share)			0
Options exercised (in dollars per share)			4.48
Options forfeited (in dollars per share)			4.29
Options outstanding, Ending period (in dollars per share)	$ 4.34		4.34
Options exercisable, Ending period (in dollars per share)	$ 4.15		$ 4.15
Aggregate intrinsic value of the options outstanding	$ 109,000		$ 109,000		$ 122,000
Aggregate intrinsic value of the options exercisable	$ 60,000		$ 60,000		$ 60,000
Nonvested Options, Shares [Roll Forward]
Nonvested options outstanding, Beginning balance (in shares)			198,505
Nonvested options granted (in shares)			0
Nonvested options vested (in shares)			(33,020)
Nonvested options forfeited (in shares)			(30,000)
Nonvested options outstanding, Ending balance (in shares)	135,485		135,485
Nonvested Options, Weighted Average Grant Date Exercise Price [Roll Forward]
Nonvested options outstanding, Beginning balance (in dollars per share)			$ 4.44
Nonvested options granted (in dollars per share)			0
Nonvested options vested (in dollars per share)			4.30
Nonvested options forfeited (in dollars per share)			4.29
Nonvested options outstanding, Ending balance (in dollars per share)	$ 4.47		$ 4.47
Unrecognized stock-based compensation expense	$ 366,000		$ 366,000
Unrecognized stock-based compensation expected to be recognized period			47 months
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options expiry period			10 years
Stock options vesting period			5 years

Investment Securities (Details)

Investment Securities (Details)	Sep. 30, 2015USD ($)Security	Dec. 31, 2014USD ($)Security
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	$ 76,951,000	$ 59,616,000
Gross Unrealized Gains	987,000	643,000
Gross Unrealized Losses	1,000	136,000
Fair Value	77,937,000	60,123,000
Securities pledged as collateral for borrowings	0	4,244,000
Fair Value [Abstract]
Less than 12 Months, Fair Value	1,534,000	30,382,000
12 Months or More, Fair Value	0	0
Total, Fair Value	1,534,000	30,382,000
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	1,000	136,000
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	1,000	136,000
Amortized Cost [Abstract]
Due in one year or less	10,046,000
Due from one year to five years	29,110,000
Due from five years to ten years	2,923,000
US Government sponsored mortgage-backed securities	34,872,000
Amortized Cost	76,951,000	59,616,000
Estimated Fair Value [Abstract]
Due in one year or less	10,105,000
Due from one year to five years	29,576,000
Due from five years to ten years	3,136,000
US Government sponsored mortgage-backed securities	35,120,000
Fair Value	77,937,000	60,123,000
US Treasury Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	23,078,000	27,140,000
Gross Unrealized Gains	456,000	465,000
Gross Unrealized Losses	0	29,000
Fair Value	23,534,000	$ 27,576,000
Number of securities in continuous unrealized loss position | Security		7
Fair Value [Abstract]
Less than 12 Months, Fair Value	0	$ 6,953,000
12 Months or More, Fair Value	0	0
Total, Fair Value	0	6,953,000
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	0	29,000
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	0	29,000
Amortized Cost [Abstract]
Amortized Cost	23,078,000	27,140,000
Estimated Fair Value [Abstract]
Fair Value	23,534,000	27,576,000
US Agency Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	19,001,000	17,044,000
Gross Unrealized Gains	282,000	130,000
Gross Unrealized Losses	0	57,000
Fair Value	19,283,000	$ 17,117,000
Number of securities in continuous unrealized loss position | Security		10
Fair Value [Abstract]
Less than 12 Months, Fair Value	0	$ 10,024,000
12 Months or More, Fair Value	0	0
Total, Fair Value	0	10,024,000
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	0	57,000
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	0	57,000
Amortized Cost [Abstract]
Amortized Cost	19,001,000	17,044,000
Estimated Fair Value [Abstract]
Fair Value	19,283,000	17,117,000
US Government Sponsored Mortgage-Backed Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	34,872,000	15,432,000
Gross Unrealized Gains	249,000	48,000
Gross Unrealized Losses	1,000	50,000
Fair Value	$ 35,120,000	$ 15,430,000
Number of securities in continuous unrealized loss position | Security	1	5
Fair Value [Abstract]
Less than 12 Months, Fair Value	$ 1,534,000	$ 13,405,000
12 Months or More, Fair Value	0	0
Total, Fair Value	1,534,000	13,405,000
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	1,000	50,000
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	1,000	50,000
Amortized Cost [Abstract]
Amortized Cost	34,872,000	15,432,000
Estimated Fair Value [Abstract]
Fair Value	$ 35,120,000	$ 15,430,000

Loans Receivable, Loans Receiva

Loans Receivable, Loans Receivable (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Loans receivable [Abstract]
Total loans	$ 619,788,000		$ 681,959,000
Less [Abstract]
Unfunded commitments included above	(20,115,000)		(36,162,000)
Total loans excluding unfunded commitments	599,673,000		645,797,000
Individually evaluated for impairment	38,789,000		42,091,000
Collectively evaluated for impairment	560,884,000		603,706,000
Total loans excluding unfunded commitments	599,673,000		645,797,000
Allowance for loan losses	(8,689,000)		(9,435,000)
Deferred loan origination fees and costs, net	(2,612,000)		(2,480,000)
Net Loans	$ 588,372,000		633,882,000
Nonaccrual period of loan considered to be impaired	90 days
Interest income and capitalized interest from interest reserves	$ 312,000	$ 29,000
Residential Mortgage [Member]
Loans receivable [Abstract]
Total loans	289,463,000		309,461,000
Less [Abstract]
Individually evaluated for impairment	27,590,000		28,535,000
Collectively evaluated for impairment	$ 261,873,000		280,926,000
Loan to value ratio	80.00%
Construction, Land Acquisition and Development [Member]
Loans receivable [Abstract]
Total loans	$ 70,506,000		84,325,000
Less [Abstract]
Individually evaluated for impairment	561,000		917,000
Collectively evaluated for impairment	$ 69,945,000		83,408,000
Term of the construction period, maximum	2 years
Construction, Land Acquisition and Development [Member] | Minimum [Member]
Less [Abstract]
Extension period for loans	12 months
Construction, Land Acquisition and Development [Member] | Maximum [Member]
Less [Abstract]
Extension period for loans	18 months
Land [Member]
Loans receivable [Abstract]
Total loans	$ 29,905,000		30,426,000
Less [Abstract]
Individually evaluated for impairment	1,890,000		2,039,000
Collectively evaluated for impairment	28,015,000		28,387,000
Lines of Credit [Member]
Loans receivable [Abstract]
Total loans	17,811,000		19,251,000
Less [Abstract]
Individually evaluated for impairment	402,000		454,000
Collectively evaluated for impairment	17,409,000		18,797,000
Commercial Real Estate [Member]
Loans receivable [Abstract]
Total loans	177,258,000		198,539,000
Less [Abstract]
Individually evaluated for impairment	5,477,000		6,309,000
Collectively evaluated for impairment	171,781,000		192,230,000
Commercial Non-Real Estate [Member]
Loans receivable [Abstract]
Total loans	8,948,000		10,167,000
Less [Abstract]
Individually evaluated for impairment	126,000		274,000
Collectively evaluated for impairment	8,822,000		9,893,000
Home Equity [Member]
Loans receivable [Abstract]
Total loans	24,909,000		28,750,000
Less [Abstract]
Individually evaluated for impairment	2,731,000		3,551,000
Collectively evaluated for impairment	22,178,000		25,199,000
Consumer [Member]
Loans receivable [Abstract]
Total loans	988,000		1,040,000
Less [Abstract]
Individually evaluated for impairment	12,000		12,000
Collectively evaluated for impairment	$ 976,000		$ 1,028,000

Loans Receivable, Allowance For

Loans Receivable, Allowance For Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of allowance for loan losses [Abstract]
Beginning Balance	$ 8,944	$ 10,828	$ 9,435	$ 11,739
Provision	0	250	200	431
Charge-offs	(484)	(1,858)	(1,357)	(3,680)
Recoveries	229	62	411	792
Ending Balance	8,689	9,282	8,689	9,282
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	2,290	2,464	2,290	2,464
Loans collectively evaluated for impairment	6,399	6,818	$ 6,399	6,818
Past due period after which accrual of interest on loans is discontinued			90 days
Residential Mortgage [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	4,396	5,167	$ 4,664	6,291
Provision	(267)	(459)	(311)	(1,213)
Charge-offs	(32)	(111)	(383)	(704)
Recoveries	81	34	208	257
Ending Balance	4,178	4,631	4,178	4,631
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	1,883	2,160	1,883	2,160
Loans collectively evaluated for impairment	2,295	2,471	2,295	2,471
Construction Acquisition and Development [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	422	480	362	414
Provision	(120)	(120)	(60)	8
Charge-offs	0	0	0	(62)
Recoveries	0	0	0	0
Ending Balance	302	360	302	360
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	1	0	1	0
Loans collectively evaluated for impairment	301	360	301	360
Land [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	458	987	646	1,346
Provision	(28)	(134)	(216)	(842)
Charge-offs	0	0	0	0
Recoveries	0	0	0	349
Ending Balance	430	853	430	853
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	42	56	42	56
Loans collectively evaluated for impairment	388	797	388	797
Lines of Credit [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	21	621	12	36
Provision	(14)	697	(30)	1,282
Charge-offs	0	(1,313)	0	(1,313)
Recoveries	15	0	40	0
Ending Balance	22	5	22	5
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	0	0	0	0
Loans collectively evaluated for impairment	22	5	22	5
Commercial Real Estate [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	2,732	2,514	2,504	2,512
Provision	84	81	362	58
Charge-offs	0	(92)	(50)	(92)
Recoveries	0	0	0	25
Ending Balance	2,816	2,503	2,816	2,503
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	322	229	322	229
Loans collectively evaluated for impairment	2,494	2,274	2,494	2,274
Commercial Non-Real Estate [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	394	324	280	135
Provision	135	275	223	1,300
Charge-offs	(154)	(342)	(155)	(1,311)
Recoveries	2	23	29	156
Ending Balance	377	280	377	280
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	6	17	6	17
Loans collectively evaluated for impairment	371	263	371	263
Home Equity [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	518	731	963	1,003
Provision	210	(83)	233	(157)
Charge-offs	(298)	0	(769)	(198)
Recoveries	131	0	134	0
Ending Balance	561	648	561	648
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	34	0	34	0
Loans collectively evaluated for impairment	527	648	527	648
Consumer [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	3	4	4	2
Provision	0	(7)	(1)	(5)
Charge-offs	0	0	0	0
Recoveries	0	5	0	5
Ending Balance	3	2	3	2
Ending balance related to: [Abstract]
Loans individually evaluated for impairment	2	2	2	2
Loans collectively evaluated for impairment	$ 1	$ 0	$ 1	$ 0

Loans Receivable, Non-Performin

Loans Receivable, Non-Performing Assets and Impaired Loans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	$ 18,527,000		$ 18,527,000		$ 18,736,000
Impaired Loans with Specific Allowance, Related Allowance	2,290,000		2,290,000		2,777,000
Impaired Loans with No Specific Allowance, Recorded Investment	20,262,000		20,262,000		23,355,000
Total Impaired Loans, Recorded Investment	38,789,000		38,789,000		42,091,000
Total Impaired Loans, Unpaid Principal Balance	40,695,000		40,695,000		44,199,000
Impaired Loans with Specific Allowance, Average Recorded Investment	17,268,000	$ 17,393,000	16,868,000	$ 17,828,000
Impaired Loans with Specific Allowance, Interest Income Recognized	184,000	185,000	515,000	576,000
Impaired Loans with No Specific Allowance, Average Recorded Investment	18,829,000	23,571,000	21,364,000	28,945,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	213,000	250,000	749,000	899,000
Total Impaired Loans, Average Recorded Investment	36,097,000	40,964,000	38,232,000	46,774,000
Total Impaired Loans, Interest Income Recognized	397,000	435,000	1,264,000	1,475,000
Interest income on cash basis recognized on impaired loans	397,000	435,000	1,264,000	1,475,000
Loans in nonaccrual status included in impaired loans	30,577,000		30,577,000
Impaired loans	38,789,000		38,789,000		42,091,000
Total loans	619,788,000		619,788,000		681,959,000
Pass [Member]
Impaired loans [Abstract]
Total loans	582,262,000		582,262,000		642,479,000
Residential Mortgage [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	13,818,000		13,818,000		14,094,000
Impaired Loans with Specific Allowance, Related Allowance	1,883,000		1,883,000		2,113,000
Impaired Loans with No Specific Allowance, Recorded Investment	13,772,000		13,772,000		14,441,000
Total Impaired Loans, Recorded Investment	27,590,000		27,590,000		28,535,000
Total Impaired Loans, Unpaid Principal Balance	28,333,000		28,333,000		29,487,000
Impaired Loans with Specific Allowance, Average Recorded Investment	12,848,000	14,188,000	12,438,000	14,361,000
Impaired Loans with Specific Allowance, Interest Income Recognized	137,000	147,000	402,000	455,000
Impaired Loans with No Specific Allowance, Average Recorded Investment	12,512,000	14,846,000	14,101,000	17,567,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	125,000	139,000	422,000	517,000
Total Impaired Loans, Average Recorded Investment	25,360,000	29,034,000	26,539,000	31,928,000
Total Impaired Loans, Interest Income Recognized	262,000	286,000	824,000	972,000
Impaired loans	27,590,000		27,590,000		28,535,000
Total loans	289,463,000		289,463,000		309,461,000
Residential Mortgage [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	276,004,000		276,004,000		295,589,000
Construction Acquisition and Development [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	125,000		125,000		0
Impaired Loans with Specific Allowance, Related Allowance	1,000		1,000		0
Impaired Loans with No Specific Allowance, Recorded Investment	436,000		436,000		917,000
Total Impaired Loans, Recorded Investment	561,000		561,000		917,000
Total Impaired Loans, Unpaid Principal Balance	561,000		561,000		917,000
Impaired Loans with Specific Allowance, Average Recorded Investment	125,000	0	125,000	0
Impaired Loans with Specific Allowance, Interest Income Recognized	1,000	0	1,000	0
Impaired Loans with No Specific Allowance, Average Recorded Investment	413,000	1,191,000	623,000	2,044,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	6,000	11,000	23,000	45,000
Total Impaired Loans, Average Recorded Investment	538,000	1,191,000	748,000	2,044,000
Total Impaired Loans, Interest Income Recognized	7,000	11,000	24,000	45,000
Impaired loans	561,000		561,000		917,000
Total loans	70,506,000		70,506,000		84,325,000
Construction Acquisition and Development [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	70,171,000		70,171,000		82,778,000
Land [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	821,000		821,000		355,000
Impaired Loans with Specific Allowance, Related Allowance	42,000		42,000		53,000
Impaired Loans with No Specific Allowance, Recorded Investment	1,069,000		1,069,000		1,684,000
Total Impaired Loans, Recorded Investment	1,890,000		1,890,000		2,039,000
Total Impaired Loans, Unpaid Principal Balance	2,008,000		2,008,000		2,157,000
Impaired Loans with Specific Allowance, Average Recorded Investment	821,000	358,000	843,000	360,000
Impaired Loans with Specific Allowance, Interest Income Recognized	8,000	3,000	14,000	10,000
Impaired Loans with No Specific Allowance, Average Recorded Investment	1,075,000	1,725,000	1,118,000	1,802,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	16,000	24,000	60,000	65,000
Total Impaired Loans, Average Recorded Investment	1,896,000	2,083,000	1,961,000	2,162,000
Total Impaired Loans, Interest Income Recognized	24,000	27,000	74,000	75,000
Impaired loans	1,890,000		1,890,000		2,039,000
Total loans	29,905,000		29,905,000		30,426,000
Land [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	28,466,000		28,466,000		30,285,000
Lines of Credit [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	0		0		0
Impaired Loans with Specific Allowance, Related Allowance	0		0		0
Impaired Loans with No Specific Allowance, Recorded Investment	402,000		402,000		454,000
Total Impaired Loans, Recorded Investment	402,000		402,000		454,000
Total Impaired Loans, Unpaid Principal Balance	494,000		494,000		545,000
Impaired Loans with Specific Allowance, Average Recorded Investment	0	0	0	799,000
Impaired Loans with Specific Allowance, Interest Income Recognized	0	0	0	15,000
Impaired Loans with No Specific Allowance, Average Recorded Investment	278,000	454,000	395,000	612,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	2,000	7,000	17,000	34,000
Total Impaired Loans, Average Recorded Investment	278,000	454,000	395,000	1,411,000
Total Impaired Loans, Interest Income Recognized	2,000	7,000	17,000	49,000
Impaired loans	402,000		402,000		454,000
Total loans	17,811,000		17,811,000		19,251,000
Lines of Credit [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	17,405,000		17,405,000		16,112,000
Commercial Real Estate [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	3,611,000		3,611,000		2,529,000
Impaired Loans with Specific Allowance, Related Allowance	322,000		322,000		224,000
Impaired Loans with No Specific Allowance, Recorded Investment	1,866,000		1,866,000		3,780,000
Total Impaired Loans, Recorded Investment	5,477,000		5,477,000		6,309,000
Total Impaired Loans, Unpaid Principal Balance	5,595,000		5,595,000		6,533,000
Impaired Loans with Specific Allowance, Average Recorded Investment	3,241,000	2,549,000	2,754,000	2,043,000
Impaired Loans with Specific Allowance, Interest Income Recognized	37,000	34,000	94,000	92,000
Impaired Loans with No Specific Allowance, Average Recorded Investment	1,866,000	3,709,000	1,942,000	4,701,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	39,000	44,000	121,000	171,000
Total Impaired Loans, Average Recorded Investment	5,107,000	6,258,000	4,696,000	6,744,000
Total Impaired Loans, Interest Income Recognized	76,000	78,000	215,000	263,000
Impaired loans	5,477,000		5,477,000		6,309,000
Total loans	177,258,000		177,258,000		198,539,000
Commercial Real Estate [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	158,167,000		158,167,000		181,686,000
Commercial Non-Real Estate [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	106,000		106,000		274,000
Impaired Loans with Specific Allowance, Related Allowance	6,000		6,000		15,000
Impaired Loans with No Specific Allowance, Recorded Investment	20,000		20,000		0
Total Impaired Loans, Recorded Investment	126,000		126,000		274,000
Total Impaired Loans, Unpaid Principal Balance	126,000		126,000		274,000
Impaired Loans with Specific Allowance, Average Recorded Investment	210,000	285,000	249,000	252,000
Impaired Loans with Specific Allowance, Interest Income Recognized	1,000	1,000	4,000	4,000
Impaired Loans with No Specific Allowance, Average Recorded Investment	20,000	7,000	7,000	542,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	0	10,000	13,000	23,000
Total Impaired Loans, Average Recorded Investment	230,000	292,000	256,000	794,000
Total Impaired Loans, Interest Income Recognized	1,000	11,000	17,000	27,000
Impaired loans	126,000		126,000		274,000
Total loans	8,948,000		8,948,000		10,167,000
Commercial Non-Real Estate [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	8,796,000		8,796,000		9,275,000
Home Equity [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	35,000		35,000		1,472,000
Impaired Loans with Specific Allowance, Related Allowance	34,000		34,000		370,000
Impaired Loans with No Specific Allowance, Recorded Investment	2,696,000		2,696,000		2,079,000
Total Impaired Loans, Recorded Investment	2,731,000		2,731,000		3,551,000
Total Impaired Loans, Unpaid Principal Balance	3,545,000		3,545,000		4,274,000
Impaired Loans with Specific Allowance, Average Recorded Investment	12,000	0	448,000	0
Impaired Loans with Specific Allowance, Interest Income Recognized	0	0	0	0
Impaired Loans with No Specific Allowance, Average Recorded Investment	2,663,000	1,639,000	2,627,000	1,678,000
Impaired Loans with No Specific Allowance, Interest Income Recognized	25,000	15,000	90,000	44,000
Total Impaired Loans, Average Recorded Investment	2,675,000	1,639,000	3,075,000	1,678,000
Total Impaired Loans, Interest Income Recognized	25,000	15,000	90,000	44,000
Impaired loans	2,731,000		2,731,000		3,551,000
Total loans	24,909,000		24,909,000		28,750,000
Home Equity [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	22,266,000		22,266,000		25,769,000
Consumer [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	11,000		11,000		12,000
Impaired Loans with Specific Allowance, Related Allowance	2,000		2,000		2,000
Impaired Loans with No Specific Allowance, Recorded Investment	1,000		1,000		0
Total Impaired Loans, Recorded Investment	12,000		12,000		12,000
Total Impaired Loans, Unpaid Principal Balance	33,000		33,000		12,000
Impaired Loans with Specific Allowance, Average Recorded Investment	11,000	13,000	11,000	13,000
Impaired Loans with Specific Allowance, Interest Income Recognized	0	0	0	0
Impaired Loans with No Specific Allowance, Average Recorded Investment	2,000	0	551,000	0
Impaired Loans with No Specific Allowance, Interest Income Recognized	0	0	3,000	0
Total Impaired Loans, Average Recorded Investment	13,000	13,000	562,000	13,000
Total Impaired Loans, Interest Income Recognized	0	$ 0	3,000	$ 0
Impaired loans	12,000		12,000		12,000
Total loans	988,000		988,000		1,040,000
Consumer [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	987,000		987,000		985,000
Residential Real Estate [Member]
Impaired loans [Abstract]
Total Impaired Loans, Recorded Investment	27,590,000		27,590,000
Impaired loans	27,590,000		27,590,000
Consumer Residential Real Estate [Member]
Impaired loans [Abstract]
Total Impaired Loans, Recorded Investment	21,112,000		21,112,000
Impaired loans	21,112,000		21,112,000
Builders Residential Real Estate [Member]
Impaired loans [Abstract]
Total Impaired Loans, Recorded Investment	6,478,000		6,478,000
Impaired loans	6,478,000		6,478,000
Unfunded [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	$ 20,115,000		$ 20,115,000		$ 36,162,000

Loans Receivable, Classes of Lo

Loans Receivable, Classes of Loan Portfolio within the Internal Risk Grading System (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 619,788	$ 681,959
Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	289,463	309,461
Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	70,506	84,325
Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	29,905	30,426
Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	17,811	19,251
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	177,258	198,539
Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,948	10,167
Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	24,909	28,750
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	988	1,040
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	582,262	642,479
Pass [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	276,004	295,589
Pass [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	70,171	82,778
Pass [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	28,466	30,285
Pass [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	17,405	16,112
Pass [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	158,167	181,686
Pass [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,796	9,275
Pass [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	22,266	25,769
Pass [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	987	985
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	23,312	11,619
Special Mention [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,693	1,331
Special Mention [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	125	0
Special Mention [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,049	0
Special Mention [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	190	2,479
Special Mention [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	14,007	7,172
Special Mention [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	133	637
Special Mention [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	115	0
Special Mention [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	14,214	27,861
Substandard [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,766	12,541
Substandard [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	210	1,547
Substandard [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	390	141
Substandard [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	216	660
Substandard [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,084	9,681
Substandard [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	19	255
Substandard [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,528	2,981
Substandard [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1	55
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 0	$ 0

Loans Receivable, Classes of 35

Loans Receivable, Classes of Loan Portfolio by Aging Categories of Performing and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	$ 5,042	$ 11,683
Current	614,746	670,276
Total loans	619,788	681,959
Non-Accrual	8,778	12,845
30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	1,793	3,170
60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	120	2,620
90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	3,129	5,893
Residential Mortgage [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	4,446	7,977
Current	285,017	301,484
Total loans	289,463	309,461
Non-Accrual	3,775	6,052
Residential Mortgage [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	1,778	2,549
Residential Mortgage [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	119	2,333
Residential Mortgage [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	2,549	3,095
Construction Acquisition and Development [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Current	70,506	84,325
Total loans	70,506	84,325
Non-Accrual	210	115
Construction Acquisition and Development [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Construction Acquisition and Development [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Construction Acquisition and Development [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Land [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	18	6
Current	29,887	30,420
Total loans	29,905	30,426
Non-Accrual	162	847
Land [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	12	0
Land [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Land [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	6	6
Lines of Credit [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	66	0
Current	17,745	19,251
Total loans	17,811	19,251
Non-Accrual	216	388
Lines of Credit [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Lines of Credit [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Lines of Credit [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	66	0
Commercial Real Estate [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	19	867
Current	177,239	197,672
Total loans	177,258	198,539
Non-Accrual	355	652
Commercial Real Estate [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	447
Commercial Real Estate [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	45
Commercial Real Estate [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	19	375
Commercial Non-Real Estate [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Current	8,948	10,167
Total loans	8,948	10,167
Non-Accrual	1,631	1,775
Commercial Non-Real Estate [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Commercial Non-Real Estate [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Commercial Non-Real Estate [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	0
Home Equity [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	489	2,833
Current	24,420	25,917
Total loans	24,909	28,750
Non-Accrual	2,429	3,016
Home Equity [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	174
Home Equity [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	242
Home Equity [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	489	2,417
Consumer [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	4	0
Current	984	1,040
Total loans	988	1,040
Non-Accrual	0	0
Consumer [Member] | 30 to 59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	3	0
Consumer [Member] | 60 to 89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	1	0
Consumer [Member] | 90+ Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	$ 0	$ 0

Loans Receivable, Troubled Debt

Loans Receivable, Troubled Debt Restructurings (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)Contract	Sep. 30, 2014USD ($)Contract	Sep. 30, 2015USD ($)Contract	Sep. 30, 2014USD ($)Contract	Dec. 31, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of performing loans | Contract	63		63
Amount of performing loans	$ 21,114,000		$ 21,114,000
Number of contract defaults | Contract			0	0
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 91,000	$ 1,314,000
Contracts | Contract	0	0	2	11
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 200,000	$ 1,097,000
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	70		70		76
Accrual Status	$ 24,449,000		$ 24,449,000		$ 27,724,000
Number of Contracts | Contract	7		7		9
Non-Accrual Status	$ 1,835,000		$ 1,835,000		$ 2,641,000
Total Number of Contracts | Contract	77		77		85
Total Modifications	$ 26,284,000		$ 26,284,000		$ 30,365,000
Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 91,000	$ 598,000
Contracts | Contract	0	0	2	2
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 200,000	$ 446,000
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	55		55		57
Accrual Status	$ 21,112,000		$ 21,112,000		$ 22,154,000
Number of Contracts | Contract	3		3		5
Non-Accrual Status	$ 1,075,000		$ 1,075,000		$ 2,402,000
Total Number of Contracts | Contract	58		58		62
Total Modifications	$ 22,187,000		$ 22,187,000		$ 24,556,000
Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	2		2		2
Accrual Status	$ 351,000		$ 351,000		$ 803,000
Number of Contracts | Contract	0		0		0
Non-Accrual Status	$ 0		$ 0		$ 0
Total Number of Contracts | Contract	2		2		2
Total Modifications	$ 351,000		$ 351,000		$ 803,000
Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	5		5		5
Accrual Status	$ 890,000		$ 890,000		$ 982,000
Number of Contracts | Contract	1		1		1
Non-Accrual Status	$ 6,000		$ 6,000		$ 6,000
Total Number of Contracts | Contract	6		6		6
Total Modifications	$ 896,000		$ 896,000		$ 988,000
Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	0		0		0
Accrual Status	$ 0		$ 0		$ 0
Number of Contracts | Contract	0		0		0
Non-Accrual Status	$ 0		$ 0		$ 0
Total Number of Contracts | Contract	0		0		0
Total Modifications	$ 0		$ 0		$ 0
Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 696,000
Contracts | Contract	0	0	0	8
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 638,000
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	3		3		6
Accrual Status	$ 1,978,000		$ 1,978,000		$ 3,623,000
Number of Contracts | Contract	3		3		1
Non-Accrual Status	$ 754,000		$ 754,000		$ 109,000
Total Number of Contracts | Contract	6		6		7
Total Modifications	$ 2,732,000		$ 2,732,000		$ 3,732,000
Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	4		4		5
Accrual Status	$ 107,000		$ 107,000		$ 150,000
Number of Contracts | Contract	0		0		2
Non-Accrual Status	$ 0		$ 0		$ 124,000
Total Number of Contracts | Contract	4		4		7
Total Modifications	$ 107,000		$ 107,000		$ 274,000
Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	0		0		0
Accrual Status	$ 0		$ 0		$ 0
Number of Contracts | Contract	0		0		0
Non-Accrual Status	$ 0		$ 0		$ 0
Total Number of Contracts | Contract	0		0		0
Total Modifications	$ 0		$ 0		$ 0
Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 20,000
Contracts | Contract	0	0	0	1
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 13,000
Method used to account for interest on TDRs [Abstract]
Number of Contracts | Contract	1		1		1
Accrual Status	$ 11,000		$ 11,000		$ 12,000
Number of Contracts | Contract	0		0		0
Non-Accrual Status	$ 0		$ 0		$ 0
Total Number of Contracts | Contract	1		1		1
Total Modifications	$ 11,000		$ 11,000		$ 12,000
Rate Modification [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Rate Modification [Member] | Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Combination Modifications [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 91,000	$ 1,314,000
Contracts | Contract	0	0	2	11
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 200,000	$ 1,097,000
Combination Modifications [Member] | Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 91,000	$ 598,000
Contracts | Contract	0	0	2	2
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 200,000	$ 446,000
Combination Modifications [Member] | Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Combination Modifications [Member] | Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Combination Modifications [Member] | Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Combination Modifications [Member] | Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 696,000
Contracts | Contract	0	0	0	8
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 638,000
Combination Modifications [Member] | Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Combination Modifications [Member] | Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Contracts | Contract	0	0	0	0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 0
Combination Modifications [Member] | Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 20,000
Contracts | Contract	0	0	0	1
Post-Modification Outstanding Recorded Investment	$ 0	$ 0	$ 0	$ 13,000

Loans Receivable, Financial Ins

Loans Receivable, Financial Instruments Whose Contract Amounts Represent Credit Risk (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2015USD ($)Commitment	Dec. 31, 2014USD ($)Commitment
Standby Letters of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 6,015,000	$ 7,357,000
Current liability for guarantees	118,000	314,000
Home Equity Lines of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 7,655,000	8,571,000
Loan expiry period	10 years
Unadvanced Construction Commitments [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 20,115,000	36,162,000
Mortgage Loan Commitments [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	2,901,000	2,120,000
Fixed rate loan commitments	$ 2,901,000	$ 2,120,000
Number of mortgage loan commitments at fixed interest rate | Commitment	0	4
Fixed interest rate, minimum	3.25%	3.75%
Fixed interest rate, maximum	4.50%	4.50%
Lines of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 25,518,000	$ 23,844,000
Loans Sold with Limited Repurchase Provisions [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	68,978,000	38,247,000
Loans receivable held-for-sale, amount	$ 198,167,000	$ 90,560,000

Fair Values of Financial Inst38

Fair Values of Financial Instruments (Details)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2015USD ($)Loan	Dec. 31, 2014USD ($)Loan
Fair Values of Financial Instruments [Abstract]
Impaired loan balance	$ 18,527,000	$ 18,527,000	$ 18,736,000
Valuation allowances	2,290,000	$ 2,290,000	$ 2,777,000
Number of impaired collateral-dependent loans | Loan		6	9
Fair value of impaired collateral-dependent loans partially charged off		$ 1,312,000	$ 3,834,000
Charge-off impaired collateral-dependent loans		374,000	477,000
Recurring Fair Value Measurements [Abstract]
Liabilities required to be re-measured on a nonrecurring basis	0	0	0
Foreclosed Real Estate [Abstract]
Foreclosed real estate totaled	1,919,000	1,919,000	1,947,000
Foreclosed real estate carrying value	1,534,000	1,534,000	695,000
Foreclosure proceedings amount	3,130,000
Nonrecurring [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	17,549,000	17,549,000	19,793,000
Foreclosed real estate	1,919,000	1,919,000	1,947,000
Total nonrecurring fair value measurements	19,468,000	19,468,000	21,740,000
Recurring [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	611,000	611,000	658,000
Rate lock commitments	327,000	327,000	139,000
Mandatory forward contracts	(21,000)	(21,000)	(59,000)
Total recurring fair value measurements	917,000	917,000	738,000
Level 1 [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0	0
Rate lock commitments	0	0	0
Level 1 [Member] | Nonrecurring [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	0	0	0
Foreclosed real estate	0	0	0
Total nonrecurring fair value measurements	0	0	0
Level 1 [Member] | Recurring [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0	0
Rate lock commitments	0	0	0
Mandatory forward contracts	0	0	0
Total recurring fair value measurements	0	0	0
Level 2 [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0	0
Rate lock commitments	327,000	327,000	139,000
Level 2 [Member] | Nonrecurring [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	0	0	0
Foreclosed real estate	0	0	0
Total nonrecurring fair value measurements	0	0	0
Level 2 [Member] | Recurring [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0	0
Rate lock commitments	327,000	327,000	139,000
Mandatory forward contracts	(21,000)	(21,000)	(59,000)
Total recurring fair value measurements	306,000	306,000	80,000
Level 3 [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	611,000	611,000	658,000
Rate lock commitments	0	0	0
Level 3 [Member] | Nonrecurring [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	17,549,000	17,549,000	19,793,000
Foreclosed real estate	1,919,000	1,919,000	1,947,000
Total nonrecurring fair value measurements	19,468,000	19,468,000	21,740,000
Level 3 [Member] | Recurring [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	611,000	611,000	658,000
Total recurring fair value measurements	$ 611,000	$ 611,000	$ 658,000

Fair Values of Financial Inst39

Fair Values of Financial Instruments, Fair Values of Financial Instruments, Assets, Quantitative Information (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2015	Dec. 31, 2014
Impaired Loans [Member] | PV of Future Cash Flows [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair Value Estimate		$ 16,327	$ 15,589
Valuation Techniques	[1]	PV of future cash flows	PV of future cash flows
Unobservable Input		Discount rate	Discount rate
Weighted average discount rate		(6.00%)	(6.00%)
Impaired Loans [Member] | Appraisal of Collateral [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair Value Estimate		$ 1,312	$ 4,204
Valuation Techniques	[2]	Appraisal of collateral	Appraisal of collateral
Unobservable Input	[3]	Liquidation expenses	Liquidation expenses
Range and weighted average of liquidation expenses		(6.00%)	(6.00%)
Foreclosed Real Estate [Member] | Appraisal of Collateral [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair Value Estimate		$ 1,919	$ 1,947
Valuation Techniques	[2],[4]	Appraisal of collateral	Appraisal of collateral
Unobservable Input	[3]	Appraisal adjustments	Appraisal adjustments
Foreclosed Real Estate [Member] | Appraisal of Collateral [Member] | Minimum [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Range and weighted average of appraisal adjustments		6.23%	(6.51%)
Foreclosed Real Estate [Member] | Appraisal of Collateral [Member] | Maximum [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Range and weighted average of appraisal adjustments		(100.00%)	(100.00%)
Foreclosed Real Estate [Member] | Appraisal of Collateral [Member] | Weighted Average [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Range and weighted average of appraisal adjustments		(21.24%)	(13.94%)
Mortgage Servicing Rights [Member] | Market Approach [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair Value Estimate		$ 611	$ 658
Valuation Techniques		Market approach	Market approach
Unobservable Input		Weighted average prepayment speed	Weighted average prepayment speed
Weighted average prepayment speed		9.14%	8.81%
[1]	Cash flow which generally includes various level 3 inputs which are not identifiable.
[2]	Fair value is generally determined through independent appraisals for the underlying collateral, which generally include various level 3 inputs which are not identifiable.
[3]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
[4]	Includes qualitative adjustments by management and estimated liquidation expenses.

Fair Values of Financial Inst40

Fair Values of Financial Instruments, Assets, Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financial Assets [Abstract]
Investment securities (HTM)	$ 77,937	$ 60,123
Quoted Prices in Active Markets For Identical Assets (Level 1) [Member]
Financial Assets [Abstract]
Cash and cash equivalents	55,421	33,335
Investment securities (HTM)	0	0
Loans held for sale	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	0	0
Rate lock commitments	0	0
Mandatory forward contracts	0
Financial Liabilities [Abstract]
Deposits	0	0
FHLB advances	0	0
Subordinated debentures	0	0
Accrued interest payable	0	0
Mandatory forward contracts		0
Off Balance Sheet Commitments	0	0
Significant Other Observable Inputs (Level 2) [Member]
Financial Assets [Abstract]
Cash and cash equivalents	0	0
Investment securities (HTM)	77,937	60,123
Loans held for sale	13,343	7,211
Loans receivable, net	0	0
FHLB stock	5,626	5,936
Accrued interest receivable	2,234	2,297
Mortgage servicing rights	0	0
Rate lock commitments	327	139
Mandatory forward contracts	21
Financial Liabilities [Abstract]
Deposits	537,237	544,751
FHLB advances	109,446	108,859
Subordinated debentures	0	0
Accrued interest payable	2,861	2,136
Mandatory forward contracts		59
Off Balance Sheet Commitments	0	0
Significant Unobservable Inputs (Level 3) [Member]
Financial Assets [Abstract]
Cash and cash equivalents	0	0
Investment securities (HTM)	0	0
Loans held for sale	0	0
Loans receivable, net	604,754	636,696
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	611	658
Rate lock commitments	0	0
Mandatory forward contracts	0
Financial Liabilities [Abstract]
Deposits	0	0
FHLB advances	0	0
Subordinated debentures	24,119	24,119
Accrued interest payable	0	0
Mandatory forward contracts		0
Off Balance Sheet Commitments	0	0
Carrying Amount [Member]
Financial Assets [Abstract]
Cash and cash equivalents	55,421	33,335
Investment securities (HTM)	76,951	59,616
Loans held for sale	12,982	7,165
Loans receivable, net	588,372	633,882
FHLB stock	5,626	5,936
Accrued interest receivable	2,234	2,297
Mortgage servicing rights	611	658
Rate lock commitments	327	139
Mandatory forward contracts	21
Financial Liabilities [Abstract]
Deposits	536,646	543,814
FHLB advances	115,000	115,000
Subordinated debentures	24,119	24,119
Accrued interest payable	2,861	2,136
Mandatory forward contracts		59
Off Balance Sheet Commitments	0	0
Fair Value [Member]
Financial Assets [Abstract]
Cash and cash equivalents	55,421	33,335
Investment securities (HTM)	77,937	60,123
Loans held for sale	13,343	7,211
Loans receivable, net	604,754	636,696
FHLB stock	5,626	5,936
Accrued interest receivable	2,234	2,297
Mortgage servicing rights	611	658
Rate lock commitments	327	139
Mandatory forward contracts	21
Financial Liabilities [Abstract]
Deposits	537,237	544,751
FHLB advances	109,446	108,859
Subordinated debentures	24,119	24,119
Accrued interest payable	2,861	2,136
Mandatory forward contracts		59
Off Balance Sheet Commitments	$ 0	$ 0