Severn Bancorp (SVBI) 10-K 22 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 22, 2017	Jun. 30, 2016
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 Public Float			$ 49,549,158
Entity Common Stock, Shares Outstanding		12,124,965
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 39,396	$ 28,366
Interest bearing deposits in other banks	22,192	15,225
Federal funds sold	5,526	0
Cash and cash equivalents	67,114	43,591
Investment securities held to maturity (fair value: $62,827 at December 31, 2016; $76,310 at December 31, 2015)	62,757	76,133
Loans held for sale	10,307	13,203
Loans receivable, net of allowance for loan losses of $8,969 and $8,758 in 2016 and 2015, respectively	601,309	589,656
Premises and equipment, net	24,030	24,290
Foreclosed real estate	973	1,744
Federal Home Loan Bank stock, at cost	4,933	5,626
Net deferred income taxes	10,081	0
Accrued interest receivable and other assets	5,981	7,836
Total assets	787,485	762,079
Liabilities
Deposits	571,946	523,771
Long-term borrowings	103,500	115,000
Subordinated debentures	20,619	24,119
Accrued interest payable and other liabilities	3,490	12,733
Total Liabilities	699,555	675,623
Stockholders' Equity
Common stock, $0.01 par value, 20,000,000 shares authorized; 12,123,179 and 10,088,879 shares issued and outstanding, respectively	121	101
Additional paid-in capital	63,960	76,335
Retained earnings	23,845	10,016
Total stockholders' equity	87,930	86,456
Total liabilities and stockholders' equity	787,485	762,079
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 (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Investment securities held to maturity at fair value	$ 62,827	$ 76,310
Loans receivable, allowance for loan losses	$ 8,969	$ 8,758
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)	12,123,179	10,088,879
Common stock, shares outstanding (in shares)	12,123,179	10,088,879
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)	0	23,393
Preferred stock, shares outstanding (in shares)	0	23,393
Preferred stock, liquidation preference	$ 0	$ 23,393

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Interest Income
Loans, including fees	$ 29,262	$ 29,734
Securities, taxable	1,149	1,104
Other	339	315
Total interest income	30,750	31,153
Interest Expense
Deposits	4,033	4,050
Borrowings and subordinated debentures	4,528	4,942
Total interest expense	8,561	8,992
Net interest income	22,189	22,161
Provision for loan losses	(350)	(280)
Net interest income after provision for loan losses	22,539	22,441
Non-Interest Income
Mortgage banking activities	3,654	3,764
Real estate commissions	1,529	1,319
Real estate management fees	738	658
Other	1,150	1,205
Total non-interest income	7,071	6,946
Non-Interest Expenses
Compensation and related expenses	15,425	15,630
Occupancy	1,858	1,676
Foreclosed real estate expenses, net	194	230
Legal	264	354
FDIC assessments and regulatory expense	582	1,234
Professional fees	905	887
Advertising	703	760
Data processing	747	864
Mortgage leads purchased	710	836
Credit reports and appraisal fees	651	773
Other	2,045	1,518
Total non-interest expenses	24,084	24,762
Income before income tax (benefit) provision	5,526	4,625
Income tax (benefit) provision	(10,014)	90
Net income	15,540	4,535
Amortization of discount on preferred stock	270	271
Dividends on preferred stock	1,441	2,105
Net income available to common stockholders	$ 13,829	$ 2,159
Basic income per common share (in dollars per share)	$ 1.20	$ 0.21
Diluted income per common share (in dollars per share)	$ 1.19	$ 0.21

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock [Member]	Preferred Stock [Member]Series A Preferred Stock [Member]	Preferred Stock [Member]Series B Preferred Stock [Member]	Common Stock [Member]	Common Stock [Member]Series A Preferred Stock [Member]	Common Stock [Member]Series B Preferred Stock [Member]	Additional Paid-In Capital [Member]	Additional Paid-In Capital [Member]Series A Preferred Stock [Member]	Additional Paid-In Capital [Member]Series B Preferred Stock [Member]	Retained Earnings [Member]	Retained Earnings [Member]Series A Preferred Stock [Member]	Retained Earnings [Member]Series B Preferred Stock [Member]	Total	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]
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			4,535			4,535
Stock-based compensation	0			0			120			0			120
Dividend declared			$ 0			$ 0			$ 0			$ (2,105)			$ (2,105)
Amortization of discount on Series B preferred stock			0			0			271			(271)			0
Exercised Options	0			0			96			0			96
Balance at Dec. 31, 2015	4			101			76,335			10,016			86,456
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	0			0			0			15,540			15,540
Stock issuance (2,015,500 shares) net of expenses of $575	0			20			10,490			0			10,510
Stock-based compensation	0			0			184			0			184
Stock redemption on Series B preferred stock (23,393 shares)			0			0			(23,393)			0			(23,393)
Dividend declared		$ 0	$ 0		$ 0	$ 0		$ 0	0		$ (210)	(1,231)		$ (210)	(1,231)
Amortization of discount on Series B preferred stock									$ 270			$ (270)			$ 0
Exercised Options	0			0			74			0			74
Balance at Dec. 31, 2016	$ 4			$ 121			$ 63,960			$ 23,845			$ 87,930

CONSOLIDATED STATEMENTS OF STO6

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)shares
Issuance of stock (in shares)	2,015,500
Stock issuance expenses | $	$ 575
Number of options exercised (in shares)	(18,800)
Series B Preferred Stock [Member]
Redemption of preferred stock (in shares)	23,393

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash Flows from Operating Activities
Net income	$ 15,540	$ 4,535
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred loan fees	(1,330)	(1,283)
Net amortization of premiums and Discounts	412	458
Provision for loan losses	(350)	(280)
Provision for depreciation	1,164	1,137
Provision for foreclosed real estate	218	58
Gain on sale of loans	(3,654)	(2,927)
Gain on sale of foreclosed real estate	(42)	(49)
Proceeds from loans sold to others	153,644	160,236
Loans originated for sale	(147,094)	(163,347)
Stock-based compensation expense	184	120
Deferred income tax benefit	(10,081)	0
Decrease in accrued interest receivable and other assets	1,854	1,452
(Decrease) increase in accrued interest payable and other liabilities	(2,844)	1,043
Net cash provided by operating activities	7,621	1,153
Cash Flows from Investing Activities
Purchase of investment securities held to maturity	(3,562)	(27,830)
Proceeds from maturing investment securities held to Maturity	10,000	7,000
Principal collected on mortgage-backed securities held to Maturity	6,526	3,855
Net (increase) decrease in loans	(11,548)	43,555
Proceeds from sale of foreclosed real estate	2,170	2,428
Investment in premises and equipment	(903)	(268)
Redemption of FHLB stock	693	310
Net cash provided by investing activities	3,376	29,050
Cash Flows from Financing Activities
Net increase (decrease) in deposits	48,175	(20,043)
Additional borrowed funds, long term	3,500	0
Repayment of borrowed funds, long term	(18,500)	0
Net proceeds from common stock issuance	10,510	0
Proceeds from exercise of options	74	96
Net cash provided by (used in) financing activities	12,526	(19,947)
Increase in cash and cash equivalents	23,523	10,256
Cash and cash equivalents at beginning of year	43,591	33,335
Cash and cash equivalents at end of year	67,114	43,591
Cash (received) paid during year for:
Interest	11,160	7,991
Income taxes	(1,457)	(273)
Transfer of net loans to foreclosed real estate	1,575	2,234
Series A Preferred Stock [Member]
Cash Flows from Financing Activities
Preferred stock dividends	(210)	0
Series B Preferred Stock [Member]
Cash Flows from Financing Activities
Preferred stock dividends	(7,630)	0
Stock redemption of Series B preferred stock	$ (23,393)	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 - Summary of Significant Accounting Policies A. Principles of Consolidation - B. Business - The Company has no reportable segments. Management does not separately allocate expenses, including the cost of funding loan demand, between the retail and real estate operations of the Company. As such, discrete financial information is not available and segment reporting would not be meaningful. C. Estimates - D. Investment Securities Held to Maturity – E. Federal Home Loan Bank Stock – The Bank evaluated the FHLB stock for impairment in accordance with generally accepted accounting principles. The Bank’s determination of whether this investment is impaired is based on an assessment of the ultimate recoverability of its cost rather than by recognizing temporary declines in value. The determination of whether a decline in value affects the ultimate recoverability of its cost is influenced by criteria such as (1) the significance of the decline in net assets of the FHLB as compared to the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, (3) the impact of legislative and regulatory changes on institutions and accordingly on the customer base of the FHLB, and (4) the liquidity position of the FHLB. Management has evaluated the FHLB stock for impairment and believes that no impairment charge is necessary as of December 31, 2016. F. Loans Held for Sale - G. Derivative Financial Instruments H. Loan Servicing - Mortgage loans held for sale are sold either with the mortgage servicing rights released or retained by the Bank. Gains and losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying values of the loan servicing rights, if retained, and related mortgage loans sold. I. Loans - Residential lending is generally considered to involve less risk than other forms of lending, although payment experience on these loans is dependent to some extent on economic and market conditions in the Bank's lending area. Multifamily residential, commercial, construction and other loan repayments are generally dependent on the operations of the related properties or the financial condition of its borrower or guarantor. Accordingly, repayment of such loans can be more susceptible to adverse conditions in the real estate market and the regional economy. A substantial portion of the Bank's loans receivable is mortgage loans secured by residential and commercial real estate properties located in the State of Maryland. Loans are extended only after evaluation by management of customers' creditworthiness and other relevant factors on a case-by-case basis. The Bank generally does not lend more than 80% of the appraised value of a property and requires private mortgage insurance on residential mortgages with loan-to-value ratios in excess of 80%. In addition, the Bank generally obtains personal guarantees of repayment from borrowers and/or others for construction, commercial and multifamily residential loans and disburses the proceeds of construction and similar loans only as work progresses on the related projects. 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 in the current year, but not collected for loans that are placed on non-accrual or charged-off, is reversed against interest income. Any interest accrued in prior years for loans that are placed on non-accrual or charged-off is charged against the allowance for loan losses. If a loan meets a certain criteria, it may be 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 all doubt related to the collection of the full amount due has been removed. J. Allowance for Loan Losses - Future additions or reduction in the allowance may be necessary based on changes in economic conditions, particularly in the State of Maryland. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Bank's allowance for losses on loans. Such agencies may require the Bank to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. 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 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. 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; and ● Effect of any changes in concentration of credit. A loan is generally considered impaired if it meets any of the following 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; or ● Loans that are troubled debt restructurings. The Bank assigns risk ratings to the loans in its portfolio, These credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans classified 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. 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. K . Foreclosed Real Estate L. Transfers of Financial Assets – M. Premises and Equipment - N. Statement of Cash Flows - O. Income Taxes - The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. To the extent that current available evidence about the future raises doubt about the likelihood of a deferred tax asset being realized, a valuation allowance is established. The Company recognizes a tax position as a benefit only if it “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination presumed to occur. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The judgment about the level of future taxable income is inherently subjective and is reviewed on a continual basis as regulatory and business factors change. The Company recognizes interest and penalties on income taxes as a component of income tax expense. P. Earnings Per Common Share Not included in the diluted earnings per share calculation for the years ended December 31, 2016 and 2015, because they were anti-dilutive, were shares of common stock issuable upon exercise of outstanding stock options totaling 94,000 and 151,500, respectively, 556,976 shares of common stock issuable upon the exercise of a warrant and 437,500 shares of common stock issuable upon conversion of the Company’s Series A preferred stock. Year Ended December 31, 2016 2015 Common shares – weighted average (basic) 11,522,333 10,083,942 Common share equivalents – weighted average 52,559 28,711 Common shares – weighted average (diluted) 11,547,892 10,112,653 Q. Advertising Cost R. Troubled Debt Restructuring – S . Significant Group Concentrations of Credit Risk – The Company’s investment portfolio consists principally of obligations of the United States and its agencies. In the opinion of management, there is no concentration of credit risk in its investment portfolio. The Company places deposits in correspondent accounts and, on occasion, sells Federal funds to qualified financial institutions. Management believes credit risk associated with correspondent accounts is not significant. Therefore, management believes that these particular practices do not subject the Company to unusual credit risk. T. Off-Balance Sheet Financial Instruments – U. Recent Accounting Pronouncements – Under ASU 2016-01, Amendment to the Recognition and Measurement Guidance for Financial Instruments, an entity is required to: (i) measure equity investments at fair value through net income, with certain exceptions; (ii) present in Other Comprehensive Income the changes in instrument-specific credit risk for financial liabilities measured using the fair value option; (iii) present financial assets and financial liabilities by measurement category and form of financial asset; (iv) calculate the fair value of financial instruments for disclosure purposes based on an exit price and; (v) assess a valuation allowance on deferred tax assets related to unrealized losses of Available For Sale debt securities in combination with other deferred tax assets. The Amendment provides an election to subsequently measure certain nonmarketable equity investments at cost less any impairment and adjusted for certain observable price changes. The Amendment also requires a qualitative impairment assessment of such equity investments and amends certain fair value disclosure requirements. The new standard takes effect in 2018 for public companies. Early adoption is only permitted for the provision related to instrument-specific credit risk and the fair value disclosure exemption provided to nonpublic entities. The Company has evaluated the effect of ASU 2016-01 and believes adoption will not have a material effect on the Consolidated Financial Statements. Under ASU 2016-09 Stock Compensation, In addition, the ASU elevates the statutory tax withholding threshold to qualify for equity classification up to the maximum statutory tax rates in the applicable jurisdiction(s). The ASU also clarifies that cash paid by an employer when directly withholding shares for tax withholding purposes should be classified as a financing activity. The ASU provides an optional accounting policy election (with limited exceptions), to be applied on an entity-wide basis, to either estimate the number of awards that are expected to vest (consistent with existing U.S. GAAP) or account for forfeitures when they occur. The ASU was effective on January 1, 2017. There has been no material impact on the Company’s Consolidated Financial Statements upon its implementation. In February 2016, the FASB issued ASU 2016-02, “Leases.” The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company has determined that the provisions of ASU No. 2016-02 may result in an increase in assets to recognize the present value of the lease obligations with a corresponding increase in liabilities, however, the Company does not expect this to have a material impact on the Company’s financial position, results of operations or cash flows. Under ASU 2016-13, Financial Instruments – Credit Losses Under ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments · Cash payments for debt prepayment or extinguishment costs will be classified in financing activities. · Upon settlement of zero-coupon bonds and bonds with insignificant cash coupons, the portion of the payment attributable to imputed interest will be classified as an operating activity, while the portion of the payment attributable to principal will be classified as a financing activity. · Cash paid by an acquirer that isn’t soon after a business combination for the settlement of a contingent consideration liability will be separated between financing activities and operating activities. Cash payments up to the amount of the contingent consideration liability recognized at the acquisition date will be classified in financing activities; any excess will be classified in operating activities. Cash paid soon after the business combination will be classified in investing activities. · Cash proceeds received from the settlement of insurance claims will be classified on the basis of the related insurance coverage (that is, the nature of the loss). Cash proceeds from lump-sum settlements will be classified based on the nature of each loss included in the settlement. · Cash proceeds received from the settlement of corporate-owned life insurance (COLI) and bank-owned life insurance (BOLI) policies will be classified as cash inflows from investing activities. Cash payments for premiums on COLI and BOLI may be classified as cash outflows for investing, operating, or a combination of both. · A transferor’s beneficial interest obtained in a securitization of financial assets will be disclosed as a noncash activity, and cash received from beneficial interests will be classified in investing activities. · Distributions received from equity method investees will be classified using either a cumulative earnings approach or a look-through approach as an accounting policy election. The ASU, which becomes effective after December 15, 2017, contains additional guidance clarifying when an entity should separate cash receipts and cash payments and classify them into more than one class of cash flows (including when reasonable judgment is required to estimate and allocate cash flows) versus when an entity should classify the aggregate amount into one class of cash flows on the basis of predominance. The Company is continuing to evaluate the impact of the ASU on its Consolidated Financial Statements, but the effects of classifying cash receipts and cash payments on the Consolidated Balance Sheets is not expected to be material. V. Subsequent Events – W. Concentration of Credit Risk – . X. Reclassifications – .

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2016
Investment Securities [Abstract]
Investment Securities	Note 2 - Investment Securities The amortized cost and fair value of investment securities held to maturity are as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (dollars in thousands) December 31, 2016: US Treasury securities $ 12,998 $ 167 $ - $ 13,165 US Agency securities 20,027 133 54 20,106 US Government sponsored mortgage-backed securities 29,732 52 228 29,556 Total $ 62,757 $ 352 $ 282 $ 62,827 December 31, 2015: US Treasury securities $ 21,057 $ 276 $ 8 $ 21,325 US Agency securities 20,011 139 76 20,074 US Government sponsored mortgage-backed securities 35,065 41 195 34,911 Total $ 76,133 $ 456 $ 279 $ 76,310 There were no investment securities pledged as collateral for the years ended December 31, 2016 and 2015. 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 December 31, 2016. Included in the table are five Agency securities and eleven Mortgage-backed securities in a gross unrealized loss position at December 31, 2016. There were four US Treasury securities, thirteen Agency securities and twelve Mortgage-backed securities in a gross unrealized loss position at December 31, 2015. Management believes that the unrealized losses in 2016 and 2015 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 December 31, 2016 or December 31, 2015, 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. Less than 12 months 12 Months or More Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized December 31, 2016: (dollars in thousands) US Treasury securities $ - $ - $ - $ - $ - $ - US Agency securities 5,002 54 - - 5,002 54 US Government sponsored mortgage-backed securities 23,457 228 - - 23,457 228 Total $ 28,459 $ 282 $ - $ - $ 28,459 $ 282 December 31, 2015: US Treasury securities $ 3,992 $ 8 $ - $ - $ 3,992 $ 8 US Agency securities 12,958 76 - - 12,958 76 US Government sponsored mortgage-backed securities 31,091 195 - - 31,091 195 Total $ 48,041 $ 279 $ - $ - $ 48,041 $ 279 The amortized cost and estimated fair value of debt securities as of December 31, 2016, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Held to Maturity Amortized Estimated Due in one year or less $ 9,003 $ 9,031 Due from one year to five years 22,061 22,194 Due from five years to ten years 1,961 2,046 US Government sponsored mortgage-backed securities 29,732 29,556 $ 62,757 $ 62,827

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2016
Loans Receivable [Abstract]
Loans Receivable	Note 3 - Loans Receivable Loans receivable, including unfunded commitments consist of the following: December 31 2016 2015 (dollars in thousands) Residential mortgage, total $ 260,603 $ 285,930 Individually evaluated for impairment 20,403 26,087 Collectively evaluated for impairment 240,200 259,843 Construction, land acquisition and development, total 57,166 77,478 Individually evaluated for impairment - 309 Collectively evaluated for impairment 57,166 77,169 Land, total 48,664 28,677 Individually evaluated for impairment 858 1,608 Collectively evaluated for impairment 47,806 27,069 Lines of credit, total 29,657 20,188 Individually evaluated for impairment 148 299 Collectively evaluated for impairment 29,509 19,889 Commercial real estate, total 195,710 174,912 Individually evaluated for impairment 5,656 6,321 Collectively evaluated for impairment 190,054 168,591 Commercial non-real estate, total 16,811 9,296 Individually evaluated for impairment - 122 Collectively evaluated for impairment 16,811 9,174 Home equity, total 19,129 24,529 Individually evaluated for impairment 3,137 2,285 Collectively evaluated for impairment 15,992 22,244 Consumer, total 1,210 1,224 Individually evaluated for impairment 96 10 Collectively evaluated for impairment 1,114 1,214 Total Loans 628,950 622,234 Less Unfunded commitments included above (15,728 ) (21,101 ) 613,222 601,133 Individually evaluated for impairment 30,298 37,041 Collectively evaluated for impairment 582,924 564,092 613,222 601,133 Allowance for loan losses (8,969 ) (8,758 ) Deferred loan origination fees and costs, net (2,944 ) (2,719 ) Net Loans $ 601,309 $ 589,656 The inherent credit risks within the portfolio vary depending upon the loan class as follows: Residential mortgage loans Construction, land acquisition and development loans Sources of repayment of these loans typically are permanent financing expected to be obtained upon completion or sales of developed property. These loans are closely monitored by onsite inspections and are considered to be of a higher risk than other real estate loans due to their ultimate repayment being sensitive to general economic conditions, availability of long-term financing, interest rate sensitivity, and governmental regulation of real property. If the Bank is forced to foreclose on a project prior to or at completion, due to a default, there can be no assurance that the Bank will be able to recover all of the unpaid balance of the loan as well as related foreclosure and holding costs. In addition, the Bank may be required to fund additional amounts to complete the project and may have to hold the property for an unspecified period of time. 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. 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 upon. Once the loan has been transferred from Loans Receivable to Foreclosed Real Estate, a charge off is recorded for the difference between the recorded amount of the loan and the net fair 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 fair value of the underlying collateral. · The loan is considered to be impaired and either the fair value of the loan, the expected future cash flow from the loan, or the underlying collateral of the loan is insufficient to repay the carrying amount of the loan. The loan is written down by the amount of the difference between the recorded balance and fair value described above. 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. The Company has experienced 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. The Company 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). The Company’s evaluation is primarily focused on various key financial metrics, including net worth, leverage ratios, and liquidity. It is the Company's policy to update such information annually, or more frequently as warranted, over the life of the loan. While the Company 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 the Company has found it necessary to seek performance under a guarantee, it has been able to effectively mitigate its losses. As stated above, the Company’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 the Company'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, the Company'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. The Company has not advanced additional interest reserves to keep a loan from becoming nonperforming. The following is a summary of the allowance for loan losses for the years ended December 31, 2016 and December 31, 2015 (dollars in thousands): 2016 Total Residential Mortgage Acquisition and Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Beginning Balance $ 8,758 $ 4,188 $ 446 $ 510 $ 57 $ 2,792 $ 234 $ 528 $ 3 Provision (350 ) (528 ) (3 ) 352 (10 ) (102 ) 160 (171 ) (48 ) Charge-offs (468 ) (151 ) (13 ) (59 ) - (178 ) (17 ) (50 ) - Recoveries 1,029 324 97 60 10 23 44 421 50 Ending Balance $ 8,969 $ 3,833 $ 527 $ 863 $ 57 $ 2,535 $ 421 $ 728 $ 5 Allowance on loans individually evaluated for impairment $ 2,373 $ 1,703 $ - $ 53 $ 15 $ 196 $ - $ 402 $ 4 Allowance on loans collectively evaluated for impairment $ 6,596 $ 2,130 $ 527 $ 810 $ 42 $ 2,339 $ 421 $ 326 $ 1 2015 Total Residential Mortgage Acquisition and Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Beginning Balance $ 9,435 $ 4,664 $ 362 $ 646 $ 12 $ 2,504 $ 280 $ 963 $ 4 Provision (280 ) (651 ) 84 (185 ) (190 ) 368 59 236 (1 ) Charge-offs (1,522 ) (454 ) - - - (80 ) (154 ) (834 ) - Recoveries 1,125 629 - 49 235 - 49 163 - Ending Balance $ 8,758 $ 4,188 $ 446 $ 510 $ 57 $ 2,792 $ 234 $ 528 $ 3 Allowance on loans individually evaluated for impairment $ 2,282 $ 1,838 $ - $ 78 $ 30 $ 328 $ 5 $ 2 $ 1 Allowance on loans collectively evaluated for impairment $ 6,476 $ 2,350 $ 446 $ 432 $ 27 $ 2,464 $ 229 $ 526 $ 2 The allowance for loan losses is based on management’s judgment and evaluation of the loan portfolio. Management assesses the adequacy of the allowance for loan losses and the need for any addition thereto, by considering the nature and size of the loan portfolio, overall portfolio quality, review of specific problem loans, economic conditions that may affect the borrowers’ ability to pay or the value of property securing loans, and other relevant factors. While management believes the allowance was adequate at December 31, 2016, changing economic and market conditions may require future adjustments to the allowance for loan losses. 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 following tables summarize impaired loans at December 31, 2016 and 2015 (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 December 31, 2016 Residential mortgage $ 11,065 $ 1,703 $ 9,338 $ 20,403 $ 21,030 Construction, acquisition and development - - - - - Land 417 53 441 858 858 Lines of credit 148 15 - 148 148 Commercial real estate 1,958 196 3,698 5,656 5,858 Commercial non-real estate - - - - - Home equity 1,608 402 1,529 3,137 3,747 Consumer 96 4 - 96 96 Total Impaired loans $ 15,292 $ 2,373 $ 15,006 $ 30,298 $ 31,737 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, 2015 Residential mortgage $ 11,885 $ 1,838 $ 14,202 $ 26,087 $ 26,656 Construction, acquisition and development - - 309 309 309 Land 639 78 969 1,608 1,723 Lines of credit 299 30 - 299 299 Commercial real estate 3,214 328 3,107 6,321 6,469 Commercial non-real estate 103 5 19 122 123 Home equity 16 2 2,269 2,285 3,251 Consumer 10 1 - 10 10 Total Impaired loans $ 16,166 $ 2,282 $ 20,875 $ 37,041 $ 38,840 The following tables summarize average impaired loans for the years ended December 31, 2016 and 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 December 31, 2016 Residential mortgage $ 10,785 $ 463 $ 12,747 $ 521 $ 23,532 $ 984 Construction, acquisition and Development - - 208 9 208 9 Land 489 26 1,026 27 1,515 53 Lines of credit 149 7 141 2 290 9 Commercial real estate 2,020 100 4,021 187 6,041 287 Commercial non-real estate 25 1 4 - 29 1 Home equity 679 7 1,889 75 2,568 82 Consumer 79 2 17 - 96 2 Total Impaired loans $ 14,226 $ 606 $ 20,053 $ 821 $ 34,279 $ 1,427 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 December 31, 2015 Residential mortgage $ 12,645 $ 540 $ 13,886 $ 564 $ 26,531 $ 1,104 Construction, acquisition and Development 114 1 573 29 687 30 Land 822 21 1,035 72 1,857 93 Lines of credit 25 1 321 18 346 19 Commercial real estate 2,933 134 2,179 166 5,112 300 Commercial non-real estate 213 5 10 13 223 18 Home equity 337 8 2,520 115 2,857 123 Consumer 11 - 414 3 425 3 Total Impaired loans $ 17,100 $ 710 $ 20,938 $ 980 $ 38,038 $ 1,690 Included in the above impaired loans amount at December 31, 2016 is $20,446,000 of loans that are not in non-accrual status. In addition, there was a total of $20,403,000 of residential real estate loans included in impaired loans at December 31, 2016, of which $17,075,000 were to consumers and $3,328,000 to builders. The following tables present the classes of the loan portfolio, including unfunded commitments summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2016 and 2015 (dollars in thousands): Pass Special Mention Substandard Doubtful Total December 31, 2016 Residential mortgage $ 251,763 $ 4,316 $ 4,524 $ - $ 260,603 Construction acquisition and Development 57,166 - - - 57,166 Land 47,886 - 778 - 48,664 Lines of credit 29,289 116 252 - 29,657 Commercial real estate 184,820 7,420 3,470 - 195,710 Commercial non-real estate 16,722 88 1 - 16,811 Home equity 16,056 472 2,601 - 19,129 Consumer 1,210 - - - 1,210 Total loans $ 604,912 $ 12,412 $ 11,626 $ - $ 628,950 Pass Special Mention Substandard Doubtful Total December 31, 2015 Residential mortgage $ 268,583 $ 12,457 $ 4,890 $ - $ 285,930 Construction acquisition and Development 77,168 71 239 - 77,478 Land 26,845 1,268 564 - 28,677 Lines of credit 19,521 368 299 - 20,188 Commercial real estate 155,766 13,208 5,938 - 174,912 Commercial non-real estate 9,151 125 20 - 9,296 Home equity 22,018 588 1,923 - 24,529 Consumer 1,224 - - - 1,224 Total loans $ 580,276 $ 28,085 $ 13,873 $ - $ 622,234 Included in the Pass column were $15,728,000 and $21,101,000 in unfunded commitments at December 31, 2016 and 2015, respectively. Management further monitors the performance and credit quality of the loan portfolio by analyzing the payment histories and delinquencies of the loans within the portfolio. There were no loans past due greater than 90 days and still accruing as of December 31, 2016 and 2015. Included in the Current column were $15,728,000 and $21,101,000 in unfunded commitments at December 31, 2016 and 2015, respectively. The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of December 31, 2016 and 2015 (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 December 31, 2016 Residential mortgage $ 1,472 $ 2,074 $ 964 $ 4,510 $ 256,093 $ 260,603 $ 3,580 Construction acquisition and development - - - - 57,166 57,166 - Land 106 - 6 112 48,552 48,664 269 Lines of credit - - - - 29,657 29,657 150 Commercial real estate - 171 515 686 195,024 195,710 2,938 Commercial non-real estate - - - - 16,811 16,811 1 Home equity 34 - 2,174 2,208 16,921 19,129 2,914 Consumer 4 - - 4 1,206 1,210 - Total loans $ 1,616 $ 2,245 $ 3,659 $ 7,520 $ 621,430 $ 628,950 $ 9,852 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Current Total Loans Non-Accrual December 31, 2015 Residential mortgage $ 1,593 $ 65 $ 2,461 $ 4,119 $ 281,811 $ 285,930 $ 3,191 Construction acquisition and development - - - - 77,478 77,478 244 Land 137 - 156 293 28,384 28,677 277 Lines of credit 149 - - 149 20,039 20,188 483 Commercial real estate 253 - 292 545 174,367 174,912 2,681 Commercial non-real estate - - - - 9,296 9,296 - Home equity - - 625 625 23,904 24,529 2,098 Consumer 3 - - 3 1,221 1,224 - Total loans $ 2,135 $ 65 $ 3,534 $ 5,734 $ 616,500 $ 622,234 $ 8,974 The Bank is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financial needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit, which involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated statements of financial condition. The contract amounts of these instruments express the extent of involvement the Bank has in each class of financial instruments. The Bank's exposure to credit loss from non-performance by the other party to the above mentioned financial instruments is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Unless otherwise noted, the Bank requires collateral or other security to support financial instruments with off-balance-sheet credit risk. Financial Instruments Whose Contract Amounts Represent Credit Risk Contract Amount At December 31, 2016 2015 (dollars in thousands) Standby letters of credit $ 4,022 $ 5,937 Home equity lines of credit 7,736 7,467 Unadvanced construction commitments 15,728 21,101 Mortgage loan commitments 574 3,233 Lines of credit 34,125 27,189 Loans sold and serviced with limited repurchase provisions 70,773 65,107 Standby letters of credit are conditional commitments issued by the Bank guaranteeing performance by a customer to various municipalities. These guarantees are issued primarily to support performance arrangements, limited to real estate transactions. The majority of these standby letters of credit expire within twelve months. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending other loan commitments. The Bank requires collateral supporting these letters of credit as deemed necessary. Management believes, except for certain standby letters of credit, that the proceeds obtained through a liquidation of such collateral would be sufficient to cover the maximum potential amount of future payments required under the corresponding guarantees. The current amount of the liability as of December 31, 2016 and 2015 for guarantees under standby letters of credit issued was $94,000 and $115,000, respectively. Home equity lines of credit are loan commitments to individuals as long as there is no violation of any condition established in the contract. Commitments under home equity lines expire ten years after the date the loan closes and are secured by real estate. The Bank evaluates each customer's credit worthiness on a case-by-case basis. Unadvanced construction commitments are loan commitments made to borrowers for both residential and commercial projects that are either in process or are expected to begin construction shortly. Mortgage loan commitments not reflected in the accompanying statements of financial condition at December 31, 2016 included two loans at a fixed interest of 4.25% totaling $574,000 and at December 31, 2015 included seven loans at a fixed interest rate range of 3.75% to 8.00% totaling $3,233,000. Lines of credit are loan commitments to individuals and companies as long as there is no violation of any condition established in the contract. Lines of credit have a fixed expiration date. The Bank evaluates each customer's credit worthiness on a case-by-case basis. The Bank has entered into several agreements to sell mortgage loans to third parties. The loans sold under these agreements for the years ended December 31, 2016 and 2015 were $149,990,000 and $157,420,000, respectively. repurchased one loan in 2016 in the amount of $343,000 and no loans in 2015. Only loans originated specifically for sale are recorded as held for sale at the period ended December 31, 2016 and December 31, 2015. Except for the liability recorded for standby letters of credit of $94,000 and $115,000 at December 31, 2016 and 2015, respectively, liabilities for credit losses associated with these commitments were not material at December 31, 2016 and 2015. Bancorp considers a modification of a loan term a Troubled Debt Restructure 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. The following tables present newly restructured loans that occurred during the years ended December 31, 2016 and 2015 by the type of concession (dollars in thousands): Year ended December 31, 2016 Rate Modification Contracts Term Modifications Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ - - $ 624 3 $ 624 3 Construction, acquisition and development - - - - - - - - Land - - - - - - - - Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ - - $ 624 3 $ 624 3 Post-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ - - $ 624 3 $ 624 3 Construction, acquisition and development - - - - - - - - Land - - - - - - - - Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ - - $ 624 3 $ 624 3 Year ended December 31, 2015 Rate Modification Contracts Term Modifications Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ 91 1 $ - 1 $ 91 2 Construction, acquisition and Development - - - - - - - - Land - - - - 61 1 61 1 Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ 91 1 $ 61 2 $ 152 3 Post-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ 91 1 $ 109 1 $ 200 2 Construction, acquisition and Development - - - - - - - - Land - - - - 31 1 31 1 Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ 91 1 $ 140 2 $ 231 3 All troubled debt restructurings are considered impaired loans. Impaired loans are evaluated for a potential loss following the criteria set forth earlier in this footnote. Interest on TDRs was accounted for under the following methods as of December 31, 2016 and December 31, 2015 (dollars in thousands): Number of Contracts Accrual Status Number of Contracts Non- Accrual Status Total Number of Contracts Total Modifications December 31, 2016 Residential mortgage 48 $ 15,886 4 $ 2,137 52 $ 18,023 Construction, acquisition and Development - - - - - - Land 2 170 1 6 3 176 Lines of credit - - - - - - Commercial real estate 3 1,914 2 249 5 2,163 Commercial non-real estate - - - - - - Home equity - - - - - - Consumer 5 96 - - 5 96 Total loans 58 $ 18,066 7 $ 2,392 65 $ 20,458 December 31, 2015 Residential mortgage 55 $ 20,831 3 $ 1,071 58 $ 21,902 Construction, acquisition and Development 1 71 - - 1 71 Land 6 907 1 6 7 913 Lines of credit - - - - - - Commercial real estate 4 2,464 2 252 6 2,716 Commercial non-real estate 4 103 - - 4 103 Home equity - - - - - - Consumer 1 10 - - 1 10 Total loans 71 $ 24,386 6 $ 1,329 77 $ 25,715 There were three TDRs totaling $2,030,000 that were in a non-accrual status at December 31, 2016 because they failed to perform in accordance with the terms of their restructuring agreements.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2016
Premises and Equipment [Abstract]
Premises and Equipment	Note 4 - Premises and Equipment Premises and equipment are summarized by major classification as follows: December 31, Estimated Useful Lives 2016 2015 (dollars in thousands) Land $ 1,537 $ 1,537 - Building 29,464 29,464 39 Years Leasehold improvements 2,202 1,676 15-27.5 Years Furniture, fixtures and equipment 2,718 2,385 3-10 Years Construction in process 81 37 Total at cost 36,002 35,099 Accumulated depreciation (11,972 ) (10,809 ) $ 24,030 $ 24,290 Depreciation expense was $1,164,000 and $1,137,000 for the years ended December 31, 2016 and 2015, respectively. The Company has five retail branch locations in Anne Arundel County, Maryland, of which it owns three and leases two from third parties. The current terms of the leases expire in July 2020 and February 2026. There is no option to renew the lease for any additional terms on the first lease and an option to renew every three to five years on the second lease for twenty-five years. In addition, the Bank leases office space in Annapolis, Maryland from a third party. The lease expired January 2017, and was renewed for an additional five year term. The minimum future annual rental payments on leases are as follows: Years Ended December 31, (in thousands) 2017 $ 242 2018 225 2019 225 2020 185 2021 135 Thereafter 533 Total rent expense was $175,000 and $131,000 for the years ended December 31, 2016 and 2015, respectively. The minimum future annual rental income on leases is as follows: Years Ended December 31, (in thousands) 2017 $ 994 2018 945 2019 945 2020 716 2021 515 Thereafter 488 H.S. West, LLC, a subsidiary of the Bank, leases space to three unrelated companies and to a law firm of which the President of the Company and the Bank is a partner. Total gross rental income included in occupancy expense on the Consolidated Statements of Operations was $1,004,000 and $970,000 for the years ended December 31, 2016 and 2015, respectively.

Foreclosed Real Estate

Foreclosed Real Estate	12 Months Ended
	Dec. 31, 2016
Foreclosed Real Estate [Abstract]
Foreclosed Real Estate	Note 5 – Foreclosed Real Estate As of December 31, 2016, the Company had foreclosed real estate consisting of one residential property with a carrying value of $206,000 and six land parcels with a carrying value of $767,000. During the year ended December 31, 2016, the Company sold a total of twelve properties previously included in foreclosed real estate. The properties sold during 2016 had a combined net book value of $2,128,000 after total write-downs taken subsequent to their transfer from loans to foreclosed real estate of $246,000, and were sold at a combined net gain of $42,000. The following table summarizes the changes in foreclosed real estate for the years ended December 31, 2016 and 2015 (dollars in thousands): Foreclosed real estate at December 31, 2014 $ 1,947 Transferred from impaired loans, net of specific reserves of $0 2,234 Property improvements - Additional write downs (58 ) Property sold (2,379 ) Foreclosed real estate at December 31, 2015 $ 1,744 Transferred from impaired loans, net of specific reserves of $0 1,575 Property improvements - Additional write downs (218 ) Property sold (2,128 ) Foreclosed real estate at December 31, 2016 $ 973 Total foreclosed real estate expense for 2016 was $194,000. Net gain on the property sales was $42,000, property write downs totaled $218,000,operating expense was $162,000 and net recoveries from properties sold in prior years was $145,000. Total foreclosed real estate expense for 2015 was $230,000. Net gain on the property sales was $49,000, property write downs totaled $58,000 and operating expense was $221,000. 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 $5,022,000 as of December 31, 2016.

Investment in Federal Home Loan

Investment in Federal Home Loan Bank of Atlanta Stock	12 Months Ended
	Dec. 31, 2016
Investment in Federal Home Loan Bank of Atlanta Stock [Abstract]
Investment in Federal Home Loan Bank of Atlanta Stock	Note 6 - Investment in Federal Home Loan Bank of Atlanta Stock The Bank is required to maintain an investment in the stock of the FHLB in an amount equal to at least 1% of the unpaid principal balances of the Bank's residential mortgage loans or 1/20 of its outstanding advances from the FHLB, whichever is greater. Purchases and sales of stock are made directly with the FHLB at par value.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2016
Deposits [Abstract]
Deposits	Note 7 – Deposits Deposits in the Bank as of December 31, 2016 and 2015 consisted of the following: Category December 31, 2016 December 31, 2015 Amount Percent Amount Percent (dollars in thousands) Checking accounts $ 63,137 11.04 % $ 56,096 10.71 % Money market accounts 66,356 11.60 % 47,690 9.11 % Passbooks 110,492 19.32 % 111,992 21.38 % Certificates of deposit 273,816 47.87 % 277,778 53.03 % Non-interest bearing accounts 58,145 10.17 % 30,215 5.77 % Total deposits $ 571,946 100.00 % $ 523,771 100.00 % At December 31, 2016 scheduled maturities of certificates of deposit are as follows: Amount (dollars in thousands) One year or less $ 169,331 More than 1 year to 2 years 40,388 More than 2 years to 3 years 16,120 More than 3 years to 4 years 25,861 More than 4 years to 5 years 21,121 More than 5 years 995 $ 273,816 The aggregate amount of jumbo certificates of deposit with a minimum denomination of $250,000 was $39,131,000 and $25,713,000 at December 31, 2016 and 2015, respectively.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2016
Borrowings [Abstract]
Borrowings	Note 8 – Borrowings Federal Home Loan Bank Borrowings The Bank's total credit availability under the FHLB’s credit availability program was $232,193,000 and $192,672,000 at December 31, 2016 and 2015, respectively. The Bank’s credit availability is based on the level of collateral pledged up to 30% of total assets. Rate Amount Maturity 2.43% to 4.05% $ 70,000 2017 2.58% to 3.43% 15,000 2018 4.00 % 15,000 2019 $ 100,000 The Bank's stock in the FHLB is pledged as security for the advances and under a blanket floating lien security agreement with the FHLB. The Bank is required to maintain as collateral for its advances, qualified loans in varying amounts depending on the loan type. Loans with an approximate fair value of $338,060,000 are pledged as collateral at December 31, 2016. Other Borrowings On September 30, 2016, the Company entered into a loan agreement with a commercial bank whereby the Company borrowed $3,500,000 for a term of 8 years. The unsecured note bears interest at a fixed rate of 4.25% for the first 36 months then, at the option of the Company, converts to either (1) floating rate of the Wall Street Journal Prime plus .50% or (2) fixed rate at two hundred seventy five (275) basis points over the five year amortizing Federal Home Loan Bank rate for the remaining five years. Repayment terms are monthly interest only payments for the first 36 months, then quarterly principal payments of $175,000 plus interest. The loan is subject to a prepayment penalty of 1% of the principal amount prepaid during the first 36 months. If the Bancorp elects the 5 year fixed rate of 275 basis points over the Federal Home Loan Bank rate (“FHLB Rate Period”), the loan will be subject to a prepayment penalty of 2% during the first and second years of the FHLB Rate Period and 1% of the principal repaid during the third, fourth and fifth years of the FHLB Rate Period. The Company may make additional principal payments from internally generated funds of up to $875,000 per year during any fixed rate period without penalty. There is no prepayment penalty during any floating rate period.

Subordinated Debentures

Subordinated Debentures	12 Months Ended
	Dec. 31, 2016
Subordinated Debentures [Abstract]
Subordinated Debentures	Note 9 - Subordinated Debentures The 2035 Debentures As of December 31, 2016, the Company had outstanding approximately $20,619,000 principal amount of Junior Subordinated Debt Securities Due 2035 (the “2035 Debentures”). The 2035 Debentures were issued pursuant to an Indenture dated as of December 17, 2004 (the “2035 Indenture”) between the Company and Wells Fargo Bank, National Association as Trustee. The 2035 Debentures pay interest quarterly at a floating rate of interest of 3-month LIBOR (0.88% December 31, 2016) plus 200 basis points, and mature on January 7, 2035. Payments of principal, interest, premium and other amounts under the 2035 Debentures are subordinated and junior in right of payment to the prior payment in full of all senior indebtedness of the Company, as defined in the 2035 Indenture. The 2035 Debentures became redeemable, in whole or in part, by the Company on January 7, 2010. The 2035 Debentures were issued and sold to Severn Capital Trust I (the “Trust”), of which 100% of the common equity is owned by the Company. The Trust was formed for the purpose of issuing corporation-obligated mandatorily redeemable Capital Securities (“Capital Securities”) to third-party investors and using the proceeds from the sale of such Capital Securities to purchase the 2035 Debentures. The 2035 Debentures held by the Trust are the sole assets of the Trust. Distributions on the Capital Securities issued by the Trust are payable quarterly at a rate per annum equal to the interest rate being earned by the Trust on the 2035 Debentures. The Capital Securities are subject to mandatory redemption, in whole or in part, upon repayment of the 2035 Debentures. The Company has entered into an agreement which, taken collectively, fully and unconditionally guarantees the Capital Securities subject to the terms of the guarantee. Under the terms of the Company’s 2035 Debenture, the Company could not, among other things, declare or pay any dividends or distributions on, or redeem, purchase, acquire, or make a liquidation payment with respect to, any of its capital stock, including common stock during any interest any interest deferral period. As of December 31, 2016, the Company was current with all interest payments due under the 2035 debenture. The Series A Subordinated Notes On November 15, 2008, the Company completed a private placement offering consisting of a total of 70 units, at an offering price of $100,000 per unit, for gross proceeds of $7.0 million. Each unit consisted of 6,250 shares of the Company's Series A preferred stock and the Company's Subordinated Note in the original principal amount of $50,000. In the aggregate, the Series A Preferred Stock totaled $3.5 million and the Subordinated Note totaled $3.5 million. On September 30, 2016 the $3,500,000 aggregate principal amount of Subordinated Notes outstanding was paid in full. Previously, the Subordinated Notes earned interest at an annual rate of 8.0%, payable quarterly in arrears on the last day of March, June, September and December which commenced December 31, 2008. The Subordinated Notes were redeemable in whole or in part at the option of The Company at any time beginning on December 31, 2009 until maturity.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2016
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 10 – Employee Benefit Plans The Bank has a 401(k) Retirement Savings Plan. Employees may contribute a percentage of their salary up to the maximum amount allowed by law. The Bank matches 50% of the first 6% of an employee's contribution.. All employees who have completed one year of service with the Bank are eligible to participate in the company match. The Bank's contributions to this plan were $215,000, and $217,000 for the years ended December 31, 2016 and 2015, respectively. The Bank has an Employee Stock Ownership Plan ("ESOP") for the exclusive benefit of participating employees. The Bank recognized ESOP expense of $140,000 for each of the years ended December 31, 2016 and 2015. The plan and had allocated shares totaling 549,428 and 519,025, and had unallocated shares to participants in the plan totaling 30,000 shares and 10,000 shares as of December 31, 2016 and 2015, respectively. The fair value of the unallocated shares at December 31, 2016 was approximately $237,000.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 11 - Stockholders’ Equity Series A Preferred Stock As part of the private placement offering discussed in Note 9, the Company issued a total of 437,500 shares of its Series A 8.0% Non-Cumulative Convertible preferred stock (“Series A preferred stock”). The liquidation preference is $8.00 per share. Holders of Series A preferred stock will not be entitled to any further liquidation distribution on the Series A preferred stock. Each share of Series A preferred stock is convertible at the option of the holder into one share of the Company common stock, subject to adjustment upon certain corporate events. The initial conversion rate is equivalent to an initial conversion price of $8.00 per share of the Company common stock. At the option of the Company, on and after December 31, 2015, at any time and from time to time, some or all of the Series A preferred stock may be converted into shares of the Company common stock at the then-applicable conversion rate. Costs related to the issuance of the preferred stock totaled $247,000 and were netted against the proceeds. If declared by the Company's board of directors, cash dividends at an annual rate of 8.0% will be paid quarterly in arrears on the last day of March, June, September and December commencing December 31, 2008. Dividends will not be paid on the Company’s common stock in any quarter until the dividend on the Series A Preferred Stock has been paid for such quarter; however, there is no requirement that the Company's board of directors declare any dividends on the Series A Preferred Stock and any unpaid dividends shall not be cumulative. On June 30, 2016 and September 30, 2016 and December 31, 2016, the Company declared and paid dividends on the Series A Preferred Stock in the amount of $70,000 each. Prior to that, the Company had not paid a dividend on the Series A Preferred Stock since the first quarter of 2012. Series B Preferred Stock On November 21, 2008, the Company entered into an agreement with the United States Department of the Treasury (“Treasury”), pursuant to which the Company issued and sold (i) 23,393 shares of its Series B Fixed Rate Cumulative Perpetual preferred stock, par value $0.01 per share and liquidation preference $1,000 per share, (the “Series B preferred stock”) and (ii) a warrant (the “Warrant”) to purchase 556,976 shares of the Company’s common stock, par value $0.01 per share, for an aggregate purchase price of $23,393,000. Costs related to the issuance of the preferred stock and warrants totaled $45,000 and were netted against the proceeds. On September 25, 2013, the Treasury sold all of its 23,393,000 shares of Series B preferred stock to outside investors as part of their ongoing efforts to wind down and recover its remaining investments under the Troubled Asset Relief Program (“TARP’). The terms of the Series B preferred stock remained the same. The Treasury continues to hold the Warrant. The Series B preferred stock qualified as Tier 1 capital and paid cumulative compounding dividends at a rate of 9% per annum. The Series B preferred stock was redeemable by the Company. On May 11, 2016, the Company redeemed 10,000 shares of the Series B Preferred Stock for a payment of $10,000,000 and on September 8, 2016, the Company redeemed the remaining 13,393 shares for $13,393,000. On April 15, 2016, the Company paid all unpaid cumulative dividends and interest in arrears on the Series B Preferred Stock totaling $7,590,000. On May 11, 2016, the Company declared and paid a dividend of $326,000 on the Series B Preferred Stock, on August 11, 2016 it declared and paid a dividend of $301,000 and on September 8, 2016 a final dividend of $77,000 was paid. The Series B Warrant The Warrant has a 10-year term and is immediately exercisable at an exercise price of $6.30 per share of Common Stock. The exercise price and number of shares subject to the Warrant are both subject to anti-dilution adjustments. Pursuant to the Purchase Agreement, Treasury has agreed not to exercise voting power with respect to any shares of Common Stock issued upon exercise of the Warrant. The warrant expires November 21, 2018 Dividend Restrictions The Company’s ability to declare dividends on its common stock is limited by the terms of the Company’s Series A Preferred Stock and previously Series B Preferred Stock. The Company may not declare or pay any dividend on, make any distributions relating to, or redeem, purchase, acquire or make a liquidation payment relating to, or make any guarantee payment with respect to its common stock in any quarter until the dividend on the Series A Preferred Stock has been declared and paid for such quarter, subject to certain minor exceptions.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2016
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 12- Stock-Based Compensation The Company has a stock-based compensation plan for directors, officers, and other key employees of the Company. 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 the Company’s old stock-based compensation plan. Under the terms of the plan, the Company has the ability to grant various stock compensation incentives, including stock options, stock appreciation rights, and restricted stock. The number of shares available to grant under the plan was 260,501 at December 31, 2016. 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 the Company 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. The Company follows FASB ASC 718, Compensation – Stock Compensation (FASB ASC 718) to account for stock-based compensation. FASB ASC 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized as compensation expense in the statement of operations at fair value. FASB ASC 718 requires an entity to recognize the expense of employee services received in share-based payment transactions and measure the expense based on the grant date fair value of the award. Stock-based compensation expense included in the consolidated statements of operations for the years ended December 31, 2016 and 2015 totaled There were 74,000 options granted in 2016 Information regarding the Company’s stock option plan as of and for the years ended December 31, 2016 and 2015 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Life Aggregate Intrinsic Value Options outstanding, December 31, 2014 328,200 4.33 Options granted 111,500 5.85 Options exercised (21,500 ) 4.48 Options forfeited (78,400 ) 4.29 Options outstanding, December 31, 2015 339,800 4.83 Options granted 74,000 6.98 Options exercised (18,800 ) 3.96 Options forfeited (55,500 ) 5.08 Options outstanding, December 31, 2016 339,500 5.31 4.89 $ 878,385 Options exercisable, December 31, 2016 138,066 4.48 1.89 $ 472,635 Option price range at December 31, 2016 $ 3.37 to $7.48 The aggregate intrinsic value of the options outstanding as of December 31, 2016 and December 31, 2015 was $878,000 and $323,000, respectively. The aggregate intrinsic value of the options exercisable as of December 31, 2016 and December 31, 2015 was $473,000 and $165,000, respectively. The aggregate intrinsic value of options exercised during the years ended December 31, 2016 and 2015 were $74,000 and $27,000, respectively. The stock-based compensation expense amounts were derived using the Black-Scholes option-pricing model. The following weighted average assumptions were used to value options granted in current and prior periods presented. 2016 2015 Expected life of options 5.5 years 5.5 years Risk-free interest rate 1.77 % 1.71 % Expected volatility 58.32 % 61.84 % Expected dividend yield 0.00 % 0.00 % Weighted average fair value of options granted $ 3.55 $ 3.16 The expected life of options amount is based on the vesting period and the expiration date of the options granted. The Risk-free interest rate is based on the US Treasury’s five year Treasury note rate at the time of the option grant. The expected volatility is based on the closing common stock price of the Company over a five year period. The expected dividend yield is based on the Company’s current policy of not paying a common stock dividend. In addition, option valuation models require the input of highly subjective assumptions including the expected stock price volatility. The following table summarizes the nonvested options in the Company’s stock option plan as of December 31, 2016. Shares Weighted Average Exercise Price Nonvested options outstanding, December 31, 2015 235,570 $ 5.13 Nonvested options granted 74,000 6.98 Nonvested options vested (52,636 ) 4.87 Nonvested options forfeited (55,500 ) 5.08 Nonvested options outstanding, December 31, 2016 201,434 $ 5.89 As of December 31, 2016, there was approximately $640,200 of total unrecognized stock-based compensation cost related to non-vested stock options, which is expected to be recognized over a period of sixty months.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2016
Regulatory Matters [Abstract]
Regulatory Matters	Note 13- Regulatory Matters As of December 31, 2016, the Company’s reservable liability was below the threshold established by the Federal Reserve Bank and therefore, the Company was not required to maintain reserves (in the form of deposits with the Federal Reserve Bank or a correspondent bank on behalf of the Federal Reserve Bank.) Federal banking agencies have adopted proposals that have substantially amended the regulatory capital rules applicable to the Company 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 the Company and the Bank in January 2015, with certain requirements to be phased in during 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. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). As of December 31, 2016, the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized the Bank must maintain minimum total risk-based, Tier 1 risk-based, Common Equity Tier 1 and Tier 1 leverage ratios as set forth in the table. The Bank’s actual capital amounts and ratios are also presented in the table. The following table presents the Bank's actual capital amounts and ratios at December 31, 2016 and 2015: Actual Required For Capital Adequacy Purposes Minimum Capital Adequacy with Capital Buffer Required To Be Well Capitalized Under Prompt Corrective Action Provisions Amount % Amount % Amount % Amount % (dollars in thousands) December 31, 2016 Tangible (1) $ 98,970 12.9 % $ 11,488 1.50 % N/A N/A N/A N/A Tier 1 capital (2) 98,970 16.5 % 35,977 6.00 % $ 39,725 6.6 % $ 47,969 8.00 % Common Equity Tier 1 98,970 16.5 % 26,983 4.50 % 30,730 5.1 % 38,975 6.50 % Leverage (1) 98,970 12.9 % 30,634 4.00 % 35,420 4.6 % 38,292 5.00 % Total (2) 106,517 17.8 % 47,969 8.00 % 51,717 8.6 % 59,962 10.00 % December 31, 2015 Tangible (1) $ 112,959 14.8 % $ 11,423 1.50 % N/A N/A N/A N/A Tier 1 capital (2) 112,959 19.6 % 34,626 6.00 % N/A N/A $ 46,168 8.00 % Common Equity Tier 1 112,959 19.6 % 25,970 4.50 % N/A N/A 37,512 6.50 % Leverage (1) 112,959 14.8 % 30,461 4.00 % N/A N/A 38,076 5.00 % Total (2) 120,193 20.8 % 46,168 8.00 % N/A N/A 57,710 10.00 % (1) To adjusted total assets. (2) To risk-weighted assets. The Bank operated under a Formal Agreement dated April 13, 2013 with the Office of the Comptroller of the Currency (the” OCC The Company previously operated under a Supervisory Agreement dated November 23, 2009 with the now defunct OTS. Upon the abolishment of the OTS on July 21, 2011, the Federal Reserve Bank assumed the regulation of the Company. The Company satisfied all of the conditions of the Supervisory Agreement and on January 21, 2016 it was notified by the Federal Reserve Bank that agreement was terminated. On April 23, 2013, the Bank was notified by the OCC that the OCC established minimum capital ratios for the Bank requiring it to immediately maintain a Tier I 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%. On October 15, 2015, the Bank was notified by the OCC that these additional minimum capital ratios were no longer required.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Taxes [Abstract]
Income Taxes	Note 14 - Income Taxes The income tax provision consists of the following for the years ended December 31: 2016 2015 Current Federal $ 94 $ 83 State 30 7 124 90 Deferred Federal 1,909 1,486 State 438 321 2,347 1,807 Valuation allowance (12,485 ) (1,807 ) Total income tax provision $ (10,014 ) $ 90 The amount computed by applying the statutory federal income tax rate to income before taxes is less than the tax provision for the following reasons for the years ended December 31: 2016 2015 Amount Percent of Pretax Income Amount Percent of Pretax Income Statutory Federal income tax rate $ 1,879 34.0 % $ 1,572 34.0 % State tax net of Federal income tax benefit 323 5.8 % 216 4.7 % Valuation allowance change (12,485 ) (225.9 %) (1,807 ) (39.1 )% Other adjustments 269 4.9 % 109 2.4 % $ (10,014 ) (181.2 %) $ 90 2.0 % The Company does not have a liability related to tax positions at December 31, 2016 or 2015. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2016 and 2015 are presented below: 2016 2015 (dollars in thousands) Deferred Tax Assets: Allowance for loan losses $ 4,636 $ 5,456 Reserve on foreclosed real estate 161 552 Reserve for uncollected interest 433 143 Reserve for contingent liability 56 57 Federal net operating loss carryforwards 5,850 7,306 State net operating loss carryforwards 1,298 1,457 Charitable contribution carryforwards 297 319 AMT 192 - Other - 88 Total deferred tax assets 12,923 15,378 Valuation allowance - (12,485 ) Total deferred tax assets, net of valuation allowance 12,923 2,893 Deferred Tax Liabilities: Federal Home Loan Bank stock dividends (82 ) (84 ) Loan origination costs (801 ) (733 ) Accelerated depreciation (1,473 ) (1,544 ) Prepaid expenses (264 ) (278 ) Mortgage servicing rights (220 ) (252 ) Other (2 ) (2 ) Total deferred tax liabilities (2,842 ) (2,893 ) Net deferred tax assets $ 10,081 $ - At December 31, 2016, federal net operating losses totaled $17,205,000 and expire in 2033 and 2034. The state net operating losses totaled $23,573,000 and expire at various times from 2023 through 2033. In assessing the realizability of federal or state deferred tax assets at December 31, 2016, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and prudent, feasible and permissible as well as available tax planning strategies in making this assessment. Given the consistent earnings and improving asset quality, the Company’s analysis concluded that, as of June 30, 2016, it is more likely than not that it will generate sufficient taxable income within the applicable carry-forward periods to realize its net deferred tax asset. As such, the full valuation allowance of $11,837,000 was reversed to income tax expense at June 30, 2016. The Company’s net deferred tax asset was $10,081,000 as of December 31, 2016. Based on its review of all available evidence management determined it was more likely than not that the deferred tax assets will not be realized and accordingly determined that a valuation allowance should be recorded as of December 31, 2015. The Company will continue to have the benefit of the net operating loss carryforward relating to the deferred tax asset, and will have the ability to utilize the carryforward against future federal and state income taxes. The statute of limitations for Internal Revenue Service examination of the Company’s federal consolidated tax returns remains open for tax years 2013 through 2016.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 15 - Related Party Transactions During the years ended December 31, 2016 and 2015, the Bank engaged in the transactions described below with parties that are deemed affiliated. During January 2007, a law firm, in which the President of the Company and the Bank is a partner, entered into a five year lease agreement with a subsidiary of the Company. The term of the lease is five years with the option to renew the lease for three additional five year terms. The second option to renew was exercised in January 2017. The total payments received by the subsidiary, which includes rent, common area maintenance and utilities were $270,000 and $266,000 for the years ended December 31, 2016 and 2015, respectively. In addition, the law firm represents the Company and the Bank in certain legal matters. The fees for services rendered by that firm were $228,000, and $206,000 for the years ended December 31, 2016 and 2015 respectively. Members of the Board of Directors of the Company had loans outstanding totaling $3,060,000 and $3,186,000 at December 31, 2016 and 2015, respectively. The following table shows loan activity for the year ended December 31, 2016: 2016 Beginning balance as of December 31, 2015 $ 3,186,000 Loan funding 133,000 Loan pay off/payment (259,000 ) Ending balance as of December 31, 2016 $ 3,060,000

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2016
Fair Value of Financial Instruments [Abstract]
Fair Value of Financial Instruments	Note 16 - Fair Value 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: Significant other observable inputs other than level 1 such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a company’s own assumptions about the assumption that market participants would use in pricing an asset or liability. 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 the Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at December 31, 2016 and December 31, 2015. 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 the Company 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 $15,292,000 and $16,166,000 at December 31, 2016 and December 31, 2015, respectively, less their valuation allowances of $2,373,000 and $2,282,000 at December 31, 2016 and December 31, 2015, respectively. The fair value of four impaired collateral-dependent loans that were partially charged off during the year ended December 31, 2016 totaled $2,137,000 net of charge-offs of $90,000. The fair value of seven impaired collateral-dependent loans that were partially charged off during the year ended December 31, 2015 totaled $3,219,000 net of charge-offs of $622,000. Foreclosed Real Estate: Real estate acquired through foreclosure is included in the following disclosure at the fair value of the property, 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. 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 December 31, 2016: December 31, 2016 Fair Value Measurement Using: December 31, 2016 QuotedPrices 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 $ 15,056 $ - $ - $ 15,056 Foreclosed real estate 767 - - 767 Total nonrecurring fair value measurements $ 15,823 $ - $ - $ 15,823 Recurring fair value measurements Mortgage servicing rights $ 557 $ - $ - $ 557 Rate lock commitments 162 - 162 - Mandatory forward contracts 153 - 153 - Total recurring fair value measurements $ 872 $ - $ 315 $ 557 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 December, 31, 2015: December 31, 2015 Fair Value Measurement Using: December 31, 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 $ 17,103 $ - $ - $ 17,103 Foreclosed real estate 543 - - 543 Total nonrecurring fair value measurements $ 17,646 $ - $ - $ 17,646 Recurring fair value measurements Mortgage servicing rights $ 623 $ - $ - $ 623 Rate lock commitments 141 - 141 - Mandatory forward contracts 111 - 111 - Total recurring fair value measurements $ 875 $ - $ 252 $ 623 There were no liabilities that were required to be re-measured on a nonrecurring basis at December 31, 2016 or December 31, 2015. The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company 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) December 31, 2016 Impaired loans $ 12,919 PV of future cash flows (1) Discount Rate -6.00 % $ 2,137 Appraisal of collateral (2) Liquidation expenses (3) -6.00 % Foreclosed real estate $ 767 Appraisal of collateral (2),(4) Appraisal adjustments (3) -10.0% to -10.0% (-10.0%) December 31, 2015 Impaired loans $ 13,884 PV of future cash flows (1) Discount Rate -6.00 % $ 3,219 Appraisal of collateral (2) Liquidation expenses (3) -6.00 % Foreclosed real estate $ 543 Appraisal of collateral (2),(4) Appraisal adjustments (3) -6.12% to -7.31% (-6.24%) (1) Cash flow which generally include 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 the Company's financial instruments as of December 31, 2016 and December 31, 2015 were as follows: Fair Value Measurement at December 31, 2016 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 $ 67,114 $ 67,114 $ 67,114 $ - $ - Investment securities (HTM) 62,757 62,827 13,165 49,662- - Loans held for sale 10,307 10,313 - 10,313 - Loans receivable, net 601,309 602,953 - - 601,609 FHLB stock 4,933 4,933 - 4,933 - Accrued interest receivable 2,249 2,249 - 2,249 - Mortgage servicing rights 557 557 - - 557 Rate lock commitments 162 162 - 162 - Mandatory forward contracts 153 153 - 153 - Financial Liabilities Deposits $ 571,946 $ 572,556 - 572,556 - Long-Term Borrowings 103,500 101,461 - 97,961 - Subordinated debentures 20,619 20,619 - - 20,619 Accrued interest payable 538 538 - 538 - Off Balance Sheet Commitments $ - $ - $ - $ - $ - Fair Value Measurement at December 31, 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 $ 43,591 $ 43,591 $ 43,591 $ - $ - Investment securities (HTM) 76,133 76,310 21,325 54,985 - Loans held for sale 13,203 13,295 - 13,295 - Loans receivable, net 589,656 593,742 - - 593,742 FHLB stock 5,626 5,626 - 5,626 - Accrued interest receivable 2,218 2,218 - 2,218 - Mortgage servicing rights 623 623 - - 623 Rate lock commitments 141 141 - 141 - Mandatory forward contracts 111 111 - 111 - Financial Liabilities Deposits $ 523,771 $ 524,458 - 524,458 - Long-Term Borrowings 115,000 110,759 - 110,759 - Subordinated debentures 24,119 24,119 - - 24,119 Accrued interest payable 3,137 3,137 - 3,137 - Off Balance Sheet Commitments $ - $ - $ - $ - $ - The foregoing information should not be interpreted as an estimate of the fair value of the Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at December 31, 2016 and 2015. Cash and cash equivalents: The carrying amounts reported in the consolidated statements of financial condition for cash and cash equivalents approximate those assets’ fair values. Investment Securities: The Company 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 of the Company’s investments are considered Level 2. 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 December 31, 2016 and 2015. Loans held for sale: The fair value of loans held for sale is based primarily on mandatory contracts. Loans receivable:s The fair values of loans receivable was 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 OCC Quarterly Report. Accrued interest receivable and payable: The carrying amounts of accrued interest receivable and accrued interest payable approximates its fair value. 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 the Company’s derivative instruments is primarily measured by obtaining pricing from broker-dealers recognized to be market participants. The pricing is derived from observable market inputs that can generally be verified and do not typically involve significant judgment by the Company. 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 quarterly 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. Long-term borrowings: 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, the Company 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, the Company has disclosed that the carrying value approximates the fair value. Off-balance sheet financial instruments: Fair values for the Company’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.

Condensed Financial Information

Condensed Financial Information (Parent Company Only)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information (Parent Company Only) [Abstract]
Condensed Financial Information (Parent Company Only)	Note 17 - Condensed Financial Information (Parent Company Only) Information as to the financial position of Severn Bancorp, Inc. as of December 31, 2016 and 2015 and results of operations and cash flows for each of the years ended December 31, 2016 and 2015 is summarized below. December 31, 2016 2015 (dollars in thousands) Statements of Financial Condition Cash $ 2,012 $ 993 Equity in net assets of subsidiaries: Bank 105,898 113,294 Non-Bank 3,014 3,881 Other assets 1,265 912 Total assets $ 112,189 $ 119,080 Subordinated debentures $ 20,619 $ 24,119 Other liabilities 3,640 8,505 Total liabilities 24,259 32,624 Stockholders’ equity 87,930 86,456 Total liabilities and stockholders’ equity $ 112,189 $ 119,080 December 31, 2016 2015 Statements of Operations Interest income $ - $ - Interest expense on subordinated debentures 973 1,322 Net interest expense (973 ) (1,322 ) General and administrative expenses 229 243 Provision for loan losses - - Loss before income taxes and equity in undistributed net income of subsidiaries (1,202 ) (1,565 ) Income tax (benefit) expense (1,004 ) - Equity in undistributed net income of subsidiaries 15,738 6,100 Net income $ 15,540 $ 4,535 For the Years Ended December 31, 2016 2015 (dollars in thousands) Statements of Cash Flows Cash Flows from Operating Activities: Net income $ 15,540 $ 4,535 Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed earnings of subsidiaries (15,738 ) (6,100 ) Deferred tax benefit (531 ) - Provision for loan losses - - Decrease in other assets 178 8 Stock-based compensation expense 184 120 Increase in other liabilities (1,965 ) 1,018 Cash used in operating activities (2,332 ) (419 ) Cash Flows from Investing Activities: Contributions from subsidiaries 24,000 - Cash used in investing activities 24,000 - Cash Flows from Financing Activities: Repayment of borrowed funds, long-term (3,500 ) Additional borrowed funds, long-term 3,500 - Series A Preferred Stock dividend (210 ) Series B Preferred Stock dividend (7,630 ) Stock redemption of Series B Preferred Stock (23,393 ) Net proceeds from Common Stock issuance 10,510 Proceeds from exercise of options 74 96 Cash (used in) provided by financing activities (20,649 ) 96 Increase (decrease) in cash and cash equivalents 1,019 (323 ) Cash and cash equivalents at beginning of year 993 1,316 Cash and cash equivalents at end of year $ 2,012 $ 993

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Principles of Consolidation	A. Principles of Consolidation -
Business	B. Business - The Company has no reportable segments. Management does not separately allocate expenses, including the cost of funding loan demand, between the retail and real estate operations of the Company. As such, discrete financial information is not available and segment reporting would not be meaningful.
Estimates	C. Estimates -
Investment Securities Held to Maturity	D. Investment Securities Held to Maturity –
Federal Home Loan Bank Stock	E. Federal Home Loan Bank Stock – The Bank evaluated the FHLB stock for impairment in accordance with generally accepted accounting principles. The Bank’s determination of whether this investment is impaired is based on an assessment of the ultimate recoverability of its cost rather than by recognizing temporary declines in value. The determination of whether a decline in value affects the ultimate recoverability of its cost is influenced by criteria such as (1) the significance of the decline in net assets of the FHLB as compared to the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, (3) the impact of legislative and regulatory changes on institutions and accordingly on the customer base of the FHLB, and (4) the liquidity position of the FHLB. Management has evaluated the FHLB stock for impairment and believes that no impairment charge is necessary as of December 31, 2016.
Loans Held for Sale	F. Loans Held for Sale -
Derivative Financial Instruments	G. Derivative Financial Instruments
Loan Servicing	H. Loan Servicing - Mortgage loans held for sale are sold either with the mortgage servicing rights released or retained by the Bank. Gains and losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying values of the loan servicing rights, if retained, and related mortgage loans sold.
Loans	I. Loans - Residential lending is generally considered to involve less risk than other forms of lending, although payment experience on these loans is dependent to some extent on economic and market conditions in the Bank's lending area. Multifamily residential, commercial, construction and other loan repayments are generally dependent on the operations of the related properties or the financial condition of its borrower or guarantor. Accordingly, repayment of such loans can be more susceptible to adverse conditions in the real estate market and the regional economy. A substantial portion of the Bank's loans receivable is mortgage loans secured by residential and commercial real estate properties located in the State of Maryland. Loans are extended only after evaluation by management of customers' creditworthiness and other relevant factors on a case-by-case basis. The Bank generally does not lend more than 80% of the appraised value of a property and requires private mortgage insurance on residential mortgages with loan-to-value ratios in excess of 80%. In addition, the Bank generally obtains personal guarantees of repayment from borrowers and/or others for construction, commercial and multifamily residential loans and disburses the proceeds of construction and similar loans only as work progresses on the related projects. 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 in the current year, but not collected for loans that are placed on non-accrual or charged-off, is reversed against interest income. Any interest accrued in prior years for loans that are placed on non-accrual or charged-off is charged against the allowance for loan losses. If a loan meets a certain criteria, it may be 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 all doubt related to the collection of the full amount due has been removed.
Allowance for Loan Losses	J. Allowance for Loan Losses - Future additions or reduction in the allowance may be necessary based on changes in economic conditions, particularly in the State of Maryland. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Bank's allowance for losses on loans. Such agencies may require the Bank to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. 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 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. 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; and ● Effect of any changes in concentration of credit. A loan is generally considered impaired if it meets any of the following 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; or ● Loans that are troubled debt restructurings. The Bank assigns risk ratings to the loans in its portfolio, These credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans classified 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. 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.
Foreclosed Real Estate	K . Foreclosed Real Estate
Transfers of Financial Assets	L. Transfers of Financial Assets –
Premises and Equipment	M. Premises and Equipment -
Statement of Cash Flows	N. Statement of Cash Flows -
Income Taxes	O. Income Taxes - The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. To the extent that current available evidence about the future raises doubt about the likelihood of a deferred tax asset being realized, a valuation allowance is established. The Company recognizes a tax position as a benefit only if it “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination presumed to occur. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The judgment about the level of future taxable income is inherently subjective and is reviewed on a continual basis as regulatory and business factors change. The Company recognizes interest and penalties on income taxes as a component of income tax expense.
Earnings Per Common Share	P. Earnings Per Common Share Not included in the diluted earnings per share calculation for the years ended December 31, 2016 and 2015, because they were anti-dilutive, were shares of common stock issuable upon exercise of outstanding stock options totaling 94,000 and 151,500, respectively, 556,976 shares of common stock issuable upon the exercise of a warrant and 437,500 shares of common stock issuable upon conversion of the Company’s Series A preferred stock. Year Ended December 31, 2016 2015 Common shares – weighted average (basic) 11,522,333 10,083,942 Common share equivalents – weighted average 52,559 28,711 Common shares – weighted average (diluted) 11,547,892 10,112,653
Advertising Cost	Q. Advertising Cost
Troubled Debt Restructuring	R. Troubled Debt Restructuring –
Significant Group Concentrations of Credit Risk	S . Significant Group Concentrations of Credit Risk – The Company’s investment portfolio consists principally of obligations of the United States and its agencies. In the opinion of management, there is no concentration of credit risk in its investment portfolio. The Company places deposits in correspondent accounts and, on occasion, sells Federal funds to qualified financial institutions. Management believes credit risk associated with correspondent accounts is not significant. Therefore, management believes that these particular practices do not subject the Company to unusual credit risk.
Off-Balance Sheet Financial Instruments	T. Off-Balance Sheet Financial Instruments –
Recent Accounting Pronouncements	U. Recent Accounting Pronouncements – Under ASU 2016-01, Amendment to the Recognition and Measurement Guidance for Financial Instruments, an entity is required to: (i) measure equity investments at fair value through net income, with certain exceptions; (ii) present in Other Comprehensive Income the changes in instrument-specific credit risk for financial liabilities measured using the fair value option; (iii) present financial assets and financial liabilities by measurement category and form of financial asset; (iv) calculate the fair value of financial instruments for disclosure purposes based on an exit price and; (v) assess a valuation allowance on deferred tax assets related to unrealized losses of Available For Sale debt securities in combination with other deferred tax assets. The Amendment provides an election to subsequently measure certain nonmarketable equity investments at cost less any impairment and adjusted for certain observable price changes. The Amendment also requires a qualitative impairment assessment of such equity investments and amends certain fair value disclosure requirements. The new standard takes effect in 2018 for public companies. Early adoption is only permitted for the provision related to instrument-specific credit risk and the fair value disclosure exemption provided to nonpublic entities. The Company has evaluated the effect of ASU 2016-01 and believes adoption will not have a material effect on the Consolidated Financial Statements. Under ASU 2016-09 Stock Compensation, In addition, the ASU elevates the statutory tax withholding threshold to qualify for equity classification up to the maximum statutory tax rates in the applicable jurisdiction(s). The ASU also clarifies that cash paid by an employer when directly withholding shares for tax withholding purposes should be classified as a financing activity. The ASU provides an optional accounting policy election (with limited exceptions), to be applied on an entity-wide basis, to either estimate the number of awards that are expected to vest (consistent with existing U.S. GAAP) or account for forfeitures when they occur. The ASU was effective on January 1, 2017. There has been no material impact on the Company’s Consolidated Financial Statements upon its implementation. In February 2016, the FASB issued ASU 2016-02, “Leases.” The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company has determined that the provisions of ASU No. 2016-02 may result in an increase in assets to recognize the present value of the lease obligations with a corresponding increase in liabilities, however, the Company does not expect this to have a material impact on the Company’s financial position, results of operations or cash flows. Under ASU 2016-13, Financial Instruments – Credit Losses Under ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments · Cash payments for debt prepayment or extinguishment costs will be classified in financing activities. · Upon settlement of zero-coupon bonds and bonds with insignificant cash coupons, the portion of the payment attributable to imputed interest will be classified as an operating activity, while the portion of the payment attributable to principal will be classified as a financing activity. · Cash paid by an acquirer that isn’t soon after a business combination for the settlement of a contingent consideration liability will be separated between financing activities and operating activities. Cash payments up to the amount of the contingent consideration liability recognized at the acquisition date will be classified in financing activities; any excess will be classified in operating activities. Cash paid soon after the business combination will be classified in investing activities. · Cash proceeds received from the settlement of insurance claims will be classified on the basis of the related insurance coverage (that is, the nature of the loss). Cash proceeds from lump-sum settlements will be classified based on the nature of each loss included in the settlement. · Cash proceeds received from the settlement of corporate-owned life insurance (COLI) and bank-owned life insurance (BOLI) policies will be classified as cash inflows from investing activities. Cash payments for premiums on COLI and BOLI may be classified as cash outflows for investing, operating, or a combination of both. · A transferor’s beneficial interest obtained in a securitization of financial assets will be disclosed as a noncash activity, and cash received from beneficial interests will be classified in investing activities. · Distributions received from equity method investees will be classified using either a cumulative earnings approach or a look-through approach as an accounting policy election. The ASU, which becomes effective after December 15, 2017, contains additional guidance clarifying when an entity should separate cash receipts and cash payments and classify them into more than one class of cash flows (including when reasonable judgment is required to estimate and allocate cash flows) versus when an entity should classify the aggregate amount into one class of cash flows on the basis of predominance. The Company is continuing to evaluate the impact of the ASU on its Consolidated Financial Statements, but the effects of classifying cash receipts and cash payments on the Consolidated Balance Sheets is not expected to be material.
Subsequent Events	V. Subsequent Events –
Concentration of Credit Risk	W. Concentration of Credit Risk – .
Reclassifications	X. Reclassifications – .

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Earnings per share reconciliation	Year Ended December 31, 2016 2015 Common shares – weighted average (basic) 11,522,333 10,083,942 Common share equivalents – weighted average 52,559 28,711 Common shares – weighted average (diluted) 11,547,892 10,112,653

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2016
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: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (dollars in thousands) December 31, 2016: US Treasury securities $ 12,998 $ 167 $ - $ 13,165 US Agency securities 20,027 133 54 20,106 US Government sponsored mortgage-backed securities 29,732 52 228 29,556 Total $ 62,757 $ 352 $ 282 $ 62,827 December 31, 2015: US Treasury securities $ 21,057 $ 276 $ 8 $ 21,325 US Agency securities 20,011 139 76 20,074 US Government sponsored mortgage-backed securities 35,065 41 195 34,911 Total $ 76,133 $ 456 $ 279 $ 76,310
Schedule of temporary impairment losses	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 December 31, 2016. Included in the table are five Agency securities and eleven Mortgage-backed securities in a gross unrealized loss position at December 31, 2016. There were four US Treasury securities, thirteen Agency securities and twelve Mortgage-backed securities in a gross unrealized loss position at December 31, 2015. Management believes that the unrealized losses in 2016 and 2015 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 December 31, 2016 or December 31, 2015, 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. Less than 12 months 12 Months or More Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized December 31, 2016: (dollars in thousands) US Treasury securities $ - $ - $ - $ - $ - $ - US Agency securities 5,002 54 - - 5,002 54 US Government sponsored mortgage-backed securities 23,457 228 - - 23,457 228 Total $ 28,459 $ 282 $ - $ - $ 28,459 $ 282 December 31, 2015: US Treasury securities $ 3,992 $ 8 $ - $ - $ 3,992 $ 8 US Agency securities 12,958 76 - - 12,958 76 US Government sponsored mortgage-backed securities 31,091 195 - - 31,091 195 Total $ 48,041 $ 279 $ - $ - $ 48,041 $ 279
Amortized cost and estimated fair value of debt securities	The amortized cost and estimated fair value of debt securities as of December 31, 2016, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Held to Maturity Amortized Estimated Due in one year or less $ 9,003 $ 9,031 Due from one year to five years 22,061 22,194 Due from five years to ten years 1,961 2,046 US Government sponsored mortgage-backed securities 29,732 29,556 $ 62,757 $ 62,827

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2016
Loans Receivable [Abstract]
Loans receivable	Loans receivable, including unfunded commitments consist of the following: December 31 2016 2015 (dollars in thousands) Residential mortgage, total $ 260,603 $ 285,930 Individually evaluated for impairment 20,403 26,087 Collectively evaluated for impairment 240,200 259,843 Construction, land acquisition and development, total 57,166 77,478 Individually evaluated for impairment - 309 Collectively evaluated for impairment 57,166 77,169 Land, total 48,664 28,677 Individually evaluated for impairment 858 1,608 Collectively evaluated for impairment 47,806 27,069 Lines of credit, total 29,657 20,188 Individually evaluated for impairment 148 299 Collectively evaluated for impairment 29,509 19,889 Commercial real estate, total 195,710 174,912 Individually evaluated for impairment 5,656 6,321 Collectively evaluated for impairment 190,054 168,591 Commercial non-real estate, total 16,811 9,296 Individually evaluated for impairment - 122 Collectively evaluated for impairment 16,811 9,174 Home equity, total 19,129 24,529 Individually evaluated for impairment 3,137 2,285 Collectively evaluated for impairment 15,992 22,244 Consumer, total 1,210 1,224 Individually evaluated for impairment 96 10 Collectively evaluated for impairment 1,114 1,214 Total Loans 628,950 622,234 Less Unfunded commitments included above (15,728 ) (21,101 ) 613,222 601,133 Individually evaluated for impairment 30,298 37,041 Collectively evaluated for impairment 582,924 564,092 613,222 601,133 Allowance for loan losses (8,969 ) (8,758 ) Deferred loan origination fees and costs, net (2,944 ) (2,719 ) Net Loans $ 601,309 $ 589,656
Allowance for loan losses	The following is a summary of the allowance for loan losses for the years ended December 31, 2016 and December 31, 2015 (dollars in thousands): 2016 Total Residential Mortgage Acquisition and Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Beginning Balance $ 8,758 $ 4,188 $ 446 $ 510 $ 57 $ 2,792 $ 234 $ 528 $ 3 Provision (350 ) (528 ) (3 ) 352 (10 ) (102 ) 160 (171 ) (48 ) Charge-offs (468 ) (151 ) (13 ) (59 ) - (178 ) (17 ) (50 ) - Recoveries 1,029 324 97 60 10 23 44 421 50 Ending Balance $ 8,969 $ 3,833 $ 527 $ 863 $ 57 $ 2,535 $ 421 $ 728 $ 5 Allowance on loans individually evaluated for impairment $ 2,373 $ 1,703 $ - $ 53 $ 15 $ 196 $ - $ 402 $ 4 Allowance on loans collectively evaluated for impairment $ 6,596 $ 2,130 $ 527 $ 810 $ 42 $ 2,339 $ 421 $ 326 $ 1 2015 Total Residential Mortgage Acquisition and Development Land Lines of Credit Commercial Real Estate Commercial Non-Real Estate Home Equity Consumer Beginning Balance $ 9,435 $ 4,664 $ 362 $ 646 $ 12 $ 2,504 $ 280 $ 963 $ 4 Provision (280 ) (651 ) 84 (185 ) (190 ) 368 59 236 (1 ) Charge-offs (1,522 ) (454 ) - - - (80 ) (154 ) (834 ) - Recoveries 1,125 629 - 49 235 - 49 163 - Ending Balance $ 8,758 $ 4,188 $ 446 $ 510 $ 57 $ 2,792 $ 234 $ 528 $ 3 Allowance on loans individually evaluated for impairment $ 2,282 $ 1,838 $ - $ 78 $ 30 $ 328 $ 5 $ 2 $ 1 Allowance on loans collectively evaluated for impairment $ 6,476 $ 2,350 $ 446 $ 432 $ 27 $ 2,464 $ 229 $ 526 $ 2
Impaired loans	The following tables summarize impaired loans at December 31, 2016 and 2015 (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 December 31, 2016 Residential mortgage $ 11,065 $ 1,703 $ 9,338 $ 20,403 $ 21,030 Construction, acquisition and development - - - - - Land 417 53 441 858 858 Lines of credit 148 15 - 148 148 Commercial real estate 1,958 196 3,698 5,656 5,858 Commercial non-real estate - - - - - Home equity 1,608 402 1,529 3,137 3,747 Consumer 96 4 - 96 96 Total Impaired loans $ 15,292 $ 2,373 $ 15,006 $ 30,298 $ 31,737 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, 2015 Residential mortgage $ 11,885 $ 1,838 $ 14,202 $ 26,087 $ 26,656 Construction, acquisition and development - - 309 309 309 Land 639 78 969 1,608 1,723 Lines of credit 299 30 - 299 299 Commercial real estate 3,214 328 3,107 6,321 6,469 Commercial non-real estate 103 5 19 122 123 Home equity 16 2 2,269 2,285 3,251 Consumer 10 1 - 10 10 Total Impaired loans $ 16,166 $ 2,282 $ 20,875 $ 37,041 $ 38,840 The following tables summarize average impaired loans for the years ended December 31, 2016 and 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 December 31, 2016 Residential mortgage $ 10,785 $ 463 $ 12,747 $ 521 $ 23,532 $ 984 Construction, acquisition and Development - - 208 9 208 9 Land 489 26 1,026 27 1,515 53 Lines of credit 149 7 141 2 290 9 Commercial real estate 2,020 100 4,021 187 6,041 287 Commercial non-real estate 25 1 4 - 29 1 Home equity 679 7 1,889 75 2,568 82 Consumer 79 2 17 - 96 2 Total Impaired loans $ 14,226 $ 606 $ 20,053 $ 821 $ 34,279 $ 1,427 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 December 31, 2015 Residential mortgage $ 12,645 $ 540 $ 13,886 $ 564 $ 26,531 $ 1,104 Construction, acquisition and Development 114 1 573 29 687 30 Land 822 21 1,035 72 1,857 93 Lines of credit 25 1 321 18 346 19 Commercial real estate 2,933 134 2,179 166 5,112 300 Commercial non-real estate 213 5 10 13 223 18 Home equity 337 8 2,520 115 2,857 123 Consumer 11 - 414 3 425 3 Total Impaired loans $ 17,100 $ 710 $ 20,938 $ 980 $ 38,038 $ 1,690
Classes of the loan portfolio	The following tables present the classes of the loan portfolio, including unfunded commitments summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2016 and 2015 (dollars in thousands): Pass Special Mention Substandard Doubtful Total December 31, 2016 Residential mortgage $ 251,763 $ 4,316 $ 4,524 $ - $ 260,603 Construction acquisition and Development 57,166 - - - 57,166 Land 47,886 - 778 - 48,664 Lines of credit 29,289 116 252 - 29,657 Commercial real estate 184,820 7,420 3,470 - 195,710 Commercial non-real estate 16,722 88 1 - 16,811 Home equity 16,056 472 2,601 - 19,129 Consumer 1,210 - - - 1,210 Total loans $ 604,912 $ 12,412 $ 11,626 $ - $ 628,950 Pass Special Mention Substandard Doubtful Total December 31, 2015 Residential mortgage $ 268,583 $ 12,457 $ 4,890 $ - $ 285,930 Construction acquisition and Development 77,168 71 239 - 77,478 Land 26,845 1,268 564 - 28,677 Lines of credit 19,521 368 299 - 20,188 Commercial real estate 155,766 13,208 5,938 - 174,912 Commercial non-real estate 9,151 125 20 - 9,296 Home equity 22,018 588 1,923 - 24,529 Consumer 1,224 - - - 1,224 Total loans $ 580,276 $ 28,085 $ 13,873 $ - $ 622,234
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 December 31, 2016 and 2015 (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 December 31, 2016 Residential mortgage $ 1,472 $ 2,074 $ 964 $ 4,510 $ 256,093 $ 260,603 $ 3,580 Construction acquisition and development - - - - 57,166 57,166 - Land 106 - 6 112 48,552 48,664 269 Lines of credit - - - - 29,657 29,657 150 Commercial real estate - 171 515 686 195,024 195,710 2,938 Commercial non-real estate - - - - 16,811 16,811 1 Home equity 34 - 2,174 2,208 16,921 19,129 2,914 Consumer 4 - - 4 1,206 1,210 - Total loans $ 1,616 $ 2,245 $ 3,659 $ 7,520 $ 621,430 $ 628,950 $ 9,852 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Current Total Loans Non-Accrual December 31, 2015 Residential mortgage $ 1,593 $ 65 $ 2,461 $ 4,119 $ 281,811 $ 285,930 $ 3,191 Construction acquisition and development - - - - 77,478 77,478 244 Land 137 - 156 293 28,384 28,677 277 Lines of credit 149 - - 149 20,039 20,188 483 Commercial real estate 253 - 292 545 174,367 174,912 2,681 Commercial non-real estate - - - - 9,296 9,296 - Home equity - - 625 625 23,904 24,529 2,098 Consumer 3 - - 3 1,221 1,224 - Total loans $ 2,135 $ 65 $ 3,534 $ 5,734 $ 616,500 $ 622,234 $ 8,974
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. Financial Instruments Whose Contract Amounts Represent Credit Risk Contract Amount At December 31, 2016 2015 (dollars in thousands) Standby letters of credit $ 4,022 $ 5,937 Home equity lines of credit 7,736 7,467 Unadvanced construction commitments 15,728 21,101 Mortgage loan commitments 574 3,233 Lines of credit 34,125 27,189 Loans sold and serviced with limited repurchase provisions 70,773 65,107
Newly restructured loans during the period	Year ended December 31, 2016 Rate Modification Contracts Term Modifications Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ - - $ 624 3 $ 624 3 Construction, acquisition and development - - - - - - - - Land - - - - - - - - Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ - - $ 624 3 $ 624 3 Post-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ - - $ 624 3 $ 624 3 Construction, acquisition and development - - - - - - - - Land - - - - - - - - Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ - - $ 624 3 $ 624 3 Year ended December 31, 2015 Rate Modification Contracts Term Modifications Contracts Combination Modifications Contracts Total Total Contracts Pre-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ 91 1 $ - 1 $ 91 2 Construction, acquisition and Development - - - - - - - - Land - - - - 61 1 61 1 Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ 91 1 $ 61 2 $ 152 3 Post-Modification Outstanding Recorded Investment: Residential mortgage $ - - $ 91 1 $ 109 1 $ 200 2 Construction, acquisition and Development - - - - - - - - Land - - - - 31 1 31 1 Lines of credit - - - - - - - - Commercial real estate - - - - - - - - Commercial non-real estate - - - - - - - - Home equity - - - - - - - - Consumer - - - - - - - - Total loans $ - - $ 91 1 $ 140 2 $ 231 3
Methods used to account for interest on TDRs	Interest on TDRs was accounted for under the following methods as of December 31, 2016 and December 31, 2015 (dollars in thousands): Number of Contracts Accrual Status Number of Contracts Non- Accrual Status Total Number of Contracts Total Modifications December 31, 2016 Residential mortgage 48 $ 15,886 4 $ 2,137 52 $ 18,023 Construction, acquisition and Development - - - - - - Land 2 170 1 6 3 176 Lines of credit - - - - - - Commercial real estate 3 1,914 2 249 5 2,163 Commercial non-real estate - - - - - - Home equity - - - - - - Consumer 5 96 - - 5 96 Total loans 58 $ 18,066 7 $ 2,392 65 $ 20,458 December 31, 2015 Residential mortgage 55 $ 20,831 3 $ 1,071 58 $ 21,902 Construction, acquisition and Development 1 71 - - 1 71 Land 6 907 1 6 7 913 Lines of credit - - - - - - Commercial real estate 4 2,464 2 252 6 2,716 Commercial non-real estate 4 103 - - 4 103 Home equity - - - - - - Consumer 1 10 - - 1 10 Total loans 71 $ 24,386 6 $ 1,329 77 $ 25,715

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Premises and Equipment [Abstract]
Summary of premises and equipment by major classification	Premises and equipment are summarized by major classification as follows: December 31, Estimated Useful Lives 2016 2015 (dollars in thousands) Land $ 1,537 $ 1,537 - Building 29,464 29,464 39 Years Leasehold improvements 2,202 1,676 15-27.5 Years Furniture, fixtures and equipment 2,718 2,385 3-10 Years Construction in process 81 37 Total at cost 36,002 35,099 Accumulated depreciation (11,972 ) (10,809 ) $ 24,030 $ 24,290
Minimum future annual rental payments on leases	The minimum future annual rental payments on leases are as follows: Years Ended December 31, (in thousands) 2017 $ 242 2018 225 2019 225 2020 185 2021 135 Thereafter 533
Minimum future annual rental income from leases	The minimum future annual rental income on leases is as follows: Years Ended December 31, (in thousands) 2017 $ 994 2018 945 2019 945 2020 716 2021 515 Thereafter 488

Foreclosed Real Estate (Tables)

Foreclosed Real Estate (Tables)	12 Months Ended
	Dec. 31, 2016
Foreclosed Real Estate [Abstract]
Summary of changes in foreclosed real estate	The following table summarizes the changes in foreclosed real estate for the years ended December 31, 2016 and 2015 (dollars in thousands): Foreclosed real estate at December 31, 2014 $ 1,947 Transferred from impaired loans, net of specific reserves of $0 2,234 Property improvements - Additional write downs (58 ) Property sold (2,379 ) Foreclosed real estate at December 31, 2015 $ 1,744 Transferred from impaired loans, net of specific reserves of $0 1,575 Property improvements - Additional write downs (218 ) Property sold (2,128 ) Foreclosed real estate at December 31, 2016 $ 973

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2016
Deposits [Abstract]
Schedule of deposits in the bank	Deposits in the Bank as of December 31, 2016 and 2015 consisted of the following: Category December 31, 2016 December 31, 2015 Amount Percent Amount Percent (dollars in thousands) Checking accounts $ 63,137 11.04 % $ 56,096 10.71 % Money market accounts 66,356 11.60 % 47,690 9.11 % Passbooks 110,492 19.32 % 111,992 21.38 % Certificates of deposit 273,816 47.87 % 277,778 53.03 % Non-interest bearing accounts 58,145 10.17 % 30,215 5.77 % Total deposits $ 571,946 100.00 % $ 523,771 100.00 %
Scheduled of maturities of certificates of deposit	At December 31, 2016 scheduled maturities of certificates of deposit are as follows: Amount (dollars in thousands) One year or less $ 169,331 More than 1 year to 2 years 40,388 More than 2 years to 3 years 16,120 More than 3 years to 4 years 25,861 More than 4 years to 5 years 21,121 More than 5 years 995 $ 273,816

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2016
Borrowings [Abstract]
Maturities of long-term advances	The maturities of these long-term advances at December 31, 2016 are as follows (dollars in thousands): Rate Amount Maturity 2.43% to 4.05% $ 70,000 2017 2.58% to 3.43% 15,000 2018 4.00 % 15,000 2019 $ 100,000

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Stock-Based Compensation [Abstract]
Information regarding stock option plan	Information regarding the Company’s stock option plan as of and for the years ended December 31, 2016 and 2015 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Life Aggregate Intrinsic Value Options outstanding, December 31, 2014 328,200 4.33 Options granted 111,500 5.85 Options exercised (21,500 ) 4.48 Options forfeited (78,400 ) 4.29 Options outstanding, December 31, 2015 339,800 4.83 Options granted 74,000 6.98 Options exercised (18,800 ) 3.96 Options forfeited (55,500 ) 5.08 Options outstanding, December 31, 2016 339,500 5.31 4.89 $ 878,385 Options exercisable, December 31, 2016 138,066 4.48 1.89 $ 472,635 Option price range at December 31, 2016 $ 3.37 to $7.48
Stock options valuation assumptions	The following weighted average assumptions were used to value options granted in current and prior periods presented. 2016 2015 Expected life of options 5.5 years 5.5 years Risk-free interest rate 1.77 % 1.71 % Expected volatility 58.32 % 61.84 % Expected dividend yield 0.00 % 0.00 % Weighted average fair value of options granted $ 3.55 $ 3.16
Summary of nonvested options in stock option plan	The following table summarizes the nonvested options in the Company’s stock option plan as of December 31, 2016. Shares Weighted Average Exercise Price Nonvested options outstanding, December 31, 2015 235,570 $ 5.13 Nonvested options granted 74,000 6.98 Nonvested options vested (52,636 ) 4.87 Nonvested options forfeited (55,500 ) 5.08 Nonvested options outstanding, December 31, 2016 201,434 $ 5.89

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2016
Regulatory Matters [Abstract]
Bank's actual capital amounts and ratios	The following table presents the Bank's actual capital amounts and ratios at December 31, 2016 and 2015: Actual Required For Capital Adequacy Purposes Minimum Capital Adequacy with Capital Buffer Required To Be Well Capitalized Under Prompt Corrective Action Provisions Amount % Amount % Amount % Amount % (dollars in thousands) December 31, 2016 Tangible (1) $ 98,970 12.9 % $ 11,488 1.50 % N/A N/A N/A N/A Tier 1 capital (2) 98,970 16.5 % 35,977 6.00 % $ 39,725 6.6 % $ 47,969 8.00 % Common Equity Tier 1 98,970 16.5 % 26,983 4.50 % 30,730 5.1 % 38,975 6.50 % Leverage (1) 98,970 12.9 % 30,634 4.00 % 35,420 4.6 % 38,292 5.00 % Total (2) 106,517 17.8 % 47,969 8.00 % 51,717 8.6 % 59,962 10.00 % December 31, 2015 Tangible (1) $ 112,959 14.8 % $ 11,423 1.50 % N/A N/A N/A N/A Tier 1 capital (2) 112,959 19.6 % 34,626 6.00 % N/A N/A $ 46,168 8.00 % Common Equity Tier 1 112,959 19.6 % 25,970 4.50 % N/A N/A 37,512 6.50 % Leverage (1) 112,959 14.8 % 30,461 4.00 % N/A N/A 38,076 5.00 % Total (2) 120,193 20.8 % 46,168 8.00 % N/A N/A 57,710 10.00 % (1) To adjusted total assets. (2) To risk-weighted assets.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Taxes [Abstract]
Summary of income tax provision (benefit)	The income tax provision consists of the following for the years ended December 31: 2016 2015 Current Federal $ 94 $ 83 State 30 7 124 90 Deferred Federal 1,909 1,486 State 438 321 2,347 1,807 Valuation allowance (12,485 ) (1,807 ) Total income tax provision $ (10,014 ) $ 90
Summary of statutory federal income tax rate to income (loss)	The amount computed by applying the statutory federal income tax rate to income before taxes is less than the tax provision for the following reasons for the years ended December 31: 2016 2015 Amount Percent of Pretax Income Amount Percent of Pretax Income Statutory Federal income tax rate $ 1,879 34.0 % $ 1,572 34.0 % State tax net of Federal income tax benefit 323 5.8 % 216 4.7 % Valuation allowance change (12,485 ) (225.9 %) (1,807 ) (39.1 )% Other adjustments 269 4.9 % 109 2.4 % $ (10,014 ) (181.2 %) $ 90 2.0 %
Summary of deferred tax assets and deferred tax liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2016 and 2015 are presented below: 2016 2015 (dollars in thousands) Deferred Tax Assets: Allowance for loan losses $ 4,636 $ 5,456 Reserve on foreclosed real estate 161 552 Reserve for uncollected interest 433 143 Reserve for contingent liability 56 57 Federal net operating loss carryforwards 5,850 7,306 State net operating loss carryforwards 1,298 1,457 Charitable contribution carryforwards 297 319 AMT 192 - Other - 88 Total deferred tax assets 12,923 15,378 Valuation allowance - (12,485 ) Total deferred tax assets, net of valuation allowance 12,923 2,893 Deferred Tax Liabilities: Federal Home Loan Bank stock dividends (82 ) (84 ) Loan origination costs (801 ) (733 ) Accelerated depreciation (1,473 ) (1,544 ) Prepaid expenses (264 ) (278 ) Mortgage servicing rights (220 ) (252 ) Other (2 ) (2 ) Total deferred tax liabilities (2,842 ) (2,893 ) Net deferred tax assets $ 10,081 $ -

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related party loan activity	Members of the Board of Directors of the Company had loans outstanding totaling $3,060,000 and $3,186,000 at December 31, 2016 and 2015, respectively. The following table shows loan activity for the year ended December 31, 2016: 2016 Beginning balance as of December 31, 2015 $ 3,186,000 Loan funding 133,000 Loan pay off/payment (259,000 ) Ending balance as of December 31, 2016 $ 3,060,000

Fair Value of Financial Instr37

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value of Financial Instruments [Abstract]
Financial assets accounted for at fair value on a nonrecurring 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 December 31, 2016: December 31, 2016 Fair Value Measurement Using: December 31, 2016 QuotedPrices 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 $ 15,056 $ - $ - $ 15,056 Foreclosed real estate 767 - - 767 Total nonrecurring fair value measurements $ 15,823 $ - $ - $ 15,823 Recurring fair value measurements Mortgage servicing rights $ 557 $ - $ - $ 557 Rate lock commitments 162 - 162 - Mandatory forward contracts 153 - 153 - Total recurring fair value measurements $ 872 $ - $ 315 $ 557 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 December, 31, 2015: December 31, 2015 Fair Value Measurement Using: December 31, 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 $ 17,103 $ - $ - $ 17,103 Foreclosed real estate 543 - - 543 Total nonrecurring fair value measurements $ 17,646 $ - $ - $ 17,646 Recurring fair value measurements Mortgage servicing rights $ 623 $ - $ - $ 623 Rate lock commitments 141 - 141 - Mandatory forward contracts 111 - 111 - Total recurring fair value measurements $ 875 $ - $ 252 $ 623
Assets measured at fair value on a nonrecurring basis utilizing level 3 input	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company 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) December 31, 2016 Impaired loans $ 12,919 PV of future cash flows (1) Discount Rate -6.00 % $ 2,137 Appraisal of collateral (2) Liquidation expenses (3) -6.00 % Foreclosed real estate $ 767 Appraisal of collateral (2),(4) Appraisal adjustments (3) -10.0% to -10.0% (-10.0%) December 31, 2015 Impaired loans $ 13,884 PV of future cash flows (1) Discount Rate -6.00 % $ 3,219 Appraisal of collateral (2) Liquidation expenses (3) -6.00 % Foreclosed real estate $ 543 Appraisal of collateral (2),(4) Appraisal adjustments (3) -6.12% to -7.31% (-6.24%) (1) Cash flow which generally include 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 the Company's financial instruments as of December 31, 2016 and December 31, 2015 were as follows: Fair Value Measurement at December 31, 2016 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 $ 67,114 $ 67,114 $ 67,114 $ - $ - Investment securities (HTM) 62,757 62,827 13,165 49,662- - Loans held for sale 10,307 10,313 - 10,313 - Loans receivable, net 601,309 602,953 - - 601,609 FHLB stock 4,933 4,933 - 4,933 - Accrued interest receivable 2,249 2,249 - 2,249 - Mortgage servicing rights 557 557 - - 557 Rate lock commitments 162 162 - 162 - Mandatory forward contracts 153 153 - 153 - Financial Liabilities Deposits $ 571,946 $ 572,556 - 572,556 - Long-Term Borrowings 103,500 101,461 - 97,961 - Subordinated debentures 20,619 20,619 - - 20,619 Accrued interest payable 538 538 - 538 - Off Balance Sheet Commitments $ - $ - $ - $ - $ - Fair Value Measurement at December 31, 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 $ 43,591 $ 43,591 $ 43,591 $ - $ - Investment securities (HTM) 76,133 76,310 21,325 54,985 - Loans held for sale 13,203 13,295 - 13,295 - Loans receivable, net 589,656 593,742 - - 593,742 FHLB stock 5,626 5,626 - 5,626 - Accrued interest receivable 2,218 2,218 - 2,218 - Mortgage servicing rights 623 623 - - 623 Rate lock commitments 141 141 - 141 - Mandatory forward contracts 111 111 - 111 - Financial Liabilities Deposits $ 523,771 $ 524,458 - 524,458 - Long-Term Borrowings 115,000 110,759 - 110,759 - Subordinated debentures 24,119 24,119 - - 24,119 Accrued interest payable 3,137 3,137 - 3,137 - Off Balance Sheet Commitments $ - $ - $ - $ - $ -

Condensed Financial Informati38

Condensed Financial Information (Parent Company Only) (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information (Parent Company Only) [Abstract]
Summary of financial position, result of operation and cash flows	Information as to the financial position of Severn Bancorp, Inc. as of December 31, 2016 and 2015 and results of operations and cash flows for each of the years ended December 31, 2016 and 2015 is summarized below. December 31, 2016 2015 (dollars in thousands) Statements of Financial Condition Cash $ 2,012 $ 993 Equity in net assets of subsidiaries: Bank 105,898 113,294 Non-Bank 3,014 3,881 Other assets 1,265 912 Total assets $ 112,189 $ 119,080 Subordinated debentures $ 20,619 $ 24,119 Other liabilities 3,640 8,505 Total liabilities 24,259 32,624 Stockholders’ equity 87,930 86,456 Total liabilities and stockholders’ equity $ 112,189 $ 119,080 December 31, 2016 2015 Statements of Operations Interest income $ - $ - Interest expense on subordinated debentures 973 1,322 Net interest expense (973 ) (1,322 ) General and administrative expenses 229 243 Provision for loan losses - - Loss before income taxes and equity in undistributed net income of subsidiaries (1,202 ) (1,565 ) Income tax (benefit) expense (1,004 ) - Equity in undistributed net income of subsidiaries 15,738 6,100 Net income $ 15,540 $ 4,535 For the Years Ended December 31, 2016 2015 (dollars in thousands) Statements of Cash Flows Cash Flows from Operating Activities: Net income $ 15,540 $ 4,535 Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed earnings of subsidiaries (15,738 ) (6,100 ) Deferred tax benefit (531 ) - Provision for loan losses - - Decrease in other assets 178 8 Stock-based compensation expense 184 120 Increase in other liabilities (1,965 ) 1,018 Cash used in operating activities (2,332 ) (419 ) Cash Flows from Investing Activities: Contributions from subsidiaries 24,000 - Cash used in investing activities 24,000 - Cash Flows from Financing Activities: Repayment of borrowed funds, long-term (3,500 ) Additional borrowed funds, long-term 3,500 - Series A Preferred Stock dividend (210 ) Series B Preferred Stock dividend (7,630 ) Stock redemption of Series B Preferred Stock (23,393 ) Net proceeds from Common Stock issuance 10,510 Proceeds from exercise of options 74 96 Cash (used in) provided by financing activities (20,649 ) 96 Increase (decrease) in cash and cash equivalents 1,019 (323 ) Cash and cash equivalents at beginning of year 993 1,316 Cash and cash equivalents at end of year $ 2,012 $ 993

Summary of Significant Accoun39

Summary of Significant Accounting Policies (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Classification$ / sharesshares	Dec. 31, 2015USD ($)shares
Federal Home Loan Bank Stock [Abstract]
FHLB stock (in dollars per share) | $ / shares	$ 100
Federal home loan bank stock	$ 4,933	$ 5,626
Loan Servicing [Line Items]
Mortgage loans serviced for others	75,227	76,460
Mortgage servicing rights	$ 557	$ 623
Loans [Abstract]
Number of classifications | Classification	8
Maximum percentage of lending of appraised value of property	80.00%
Weighted average number of shares outstanding reconciliation [Abstract]
Common shares - weighted average (basic) (in shares) | shares	11,522,333	10,083,942
Common share equivalents - weighted average (in shares) | shares	52,559	28,711
Common shares - weighted average (diluted) (in shares) | shares	11,547,892	10,112,653
Advertising Cost [Abstract]
Advertising expenses	$ 703	$ 760
Concentration of Credit Risk [Abstract]
Federally insured deposit limit	250
Federal Home Loan Mortgage Corporation [Member]
Loan Servicing [Line Items]
Mortgage loans serviced for others	18,288
Federal National Mortgage Association [Member]
Loan Servicing [Line Items]
Mortgage loans serviced for others	39,095
Other Investors [Member]
Loan Servicing [Line Items]
Mortgage loans serviced for others	$ 17,844
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive number of shares of common stock outstanding (in shares) | shares	94,000	151,500
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive number of shares of common stock outstanding (in shares) | shares	556,976
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive number of shares of common stock outstanding (in shares) | shares	437,500

Investment Securities (Details)

Investment Securities (Details) $ in Thousands	Dec. 31, 2016USD ($)Securities	Dec. 31, 2015USD ($)Securities
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	$ 62,757	$ 76,133
Gross Unrealized Gains	352	456
Gross Unrealized Losses	282	279
Fair Value	62,827	76,310
Securities pledged as collateral for borrowings	0	0
Fair Value [Abstract]
Less than 12 Months, Fair Value	28,459	48,041
12 Months or More, Fair Value	0	0
Total, Fair Value	28,459	48,041
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	282	279
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	282	279
Amortized Cost [Abstract]
Due in one year or less	9,003
Due from one year to five years	22,061
Due from five years to ten years	1,961
US Government sponsored mortgage-backed securities	29,732
Amortized Cost	62,757	76,133
Estimated Fair Value [Abstract]
Due in one year or less	9,031
Due from greater than one year to five years	22,194
Due from greater than five years to ten years	2,046
US Government sponsored mortgage-backed securities	29,556
Fair Value	62,827	76,310
US Treasury Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	12,998	21,057
Gross Unrealized Gains	167	276
Gross Unrealized Losses	0	8
Fair Value	13,165	$ 21,325
Number of securities in continuous unrealized loss position | Securities		4
Fair Value [Abstract]
Less than 12 Months, Fair Value	0	$ 3,992
12 Months or More, Fair Value	0	0
Total, Fair Value	0	3,992
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	0	8
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	0	8
Amortized Cost [Abstract]
Amortized Cost	12,998	21,057
Estimated Fair Value [Abstract]
Fair Value	13,165	21,325
US Agency Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	20,027	20,011
Gross Unrealized Gains	133	139
Gross Unrealized Losses	54	76
Fair Value	$ 20,106	$ 20,074
Number of securities in continuous unrealized loss position | Securities	5	13
Fair Value [Abstract]
Less than 12 Months, Fair Value	$ 5,002	$ 12,958
12 Months or More, Fair Value	0	0
Total, Fair Value	5,002	12,958
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	54	76
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	54	76
Amortized Cost [Abstract]
Amortized Cost	20,027	20,011
Estimated Fair Value [Abstract]
Fair Value	20,106	20,074
US Government Sponsored Mortgage-Backed Securities [Member]
Amortized cost and fair value of investment securities held to maturity [Abstract]
Amortized Cost	29,732	35,065
Gross Unrealized Gains	52	41
Gross Unrealized Losses	228	195
Fair Value	$ 29,556	$ 34,911
Number of securities in continuous unrealized loss position | Securities	11	12
Fair Value [Abstract]
Less than 12 Months, Fair Value	$ 23,457	$ 31,091
12 Months or More, Fair Value	0	0
Total, Fair Value	23,457	31,091
Unrealized Losses [Abstract]
Less than 12 Months, Unrealized Losses	228	195
12 Months or More, Unrealized Losses	0	0
Total, Unrealized Losses	228	195
Amortized Cost [Abstract]
Amortized Cost	29,732	35,065
Estimated Fair Value [Abstract]
Fair Value	$ 29,556	$ 34,911

Loans Receivable, Loans Receiva

Loans Receivable, Loans Receivable (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Loans receivable [Abstract]
Total loans	$ 628,950	$ 622,234
Less [Abstract]
Unfunded commitments included above	(15,728)	(21,101)
Total loans excluding unfunded commitments	613,222	601,133
Individually evaluated for impairment	30,298	37,041
Collectively evaluated for impairment	582,924	564,092
Total loans excluding unfunded commitments	613,222	601,133
Allowance for loan losses	(8,969)	(8,758)
Deferred loan origination fees and costs, net	(2,944)	(2,719)
Net Loans	$ 601,309	589,656
Nonaccrual period of loan considered to be impaired	90 days
Residential Mortgage [Member]
Loans receivable [Abstract]
Total loans	$ 260,603	285,930
Less [Abstract]
Individually evaluated for impairment	20,403	26,087
Collectively evaluated for impairment	$ 240,200	259,843
Loan to value ratio	80.00%
Construction, Land Acquisition and Development [Member]
Loans receivable [Abstract]
Total loans	$ 57,166	77,478
Less [Abstract]
Individually evaluated for impairment	0	309
Collectively evaluated for impairment	$ 57,166	77,169
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]
Term of the construction period	2 years
Extension period for loans	18 months
Land [Member]
Loans receivable [Abstract]
Total loans	$ 48,664	28,677
Less [Abstract]
Individually evaluated for impairment	858	1,608
Collectively evaluated for impairment	47,806	27,069
Lines of Credit [Member]
Loans receivable [Abstract]
Total loans	29,657	20,188
Less [Abstract]
Individually evaluated for impairment	148	299
Collectively evaluated for impairment	29,509	19,889
Commercial Real Estate [Member]
Loans receivable [Abstract]
Total loans	195,710	174,912
Less [Abstract]
Individually evaluated for impairment	5,656	6,321
Collectively evaluated for impairment	190,054	168,591
Commercial Non-Real Estate [Member]
Loans receivable [Abstract]
Total loans	16,811	9,296
Less [Abstract]
Individually evaluated for impairment	0	122
Collectively evaluated for impairment	16,811	9,174
Home Equity [Member]
Loans receivable [Abstract]
Total loans	19,129	24,529
Less [Abstract]
Individually evaluated for impairment	3,137	2,285
Collectively evaluated for impairment	15,992	22,244
Consumer [Member]
Loans receivable [Abstract]
Total loans	1,210	1,224
Less [Abstract]
Individually evaluated for impairment	96	10
Collectively evaluated for impairment	$ 1,114	$ 1,214

Loans Receivable, Allowance For

Loans Receivable, Allowance For Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Summary of allowance for loan losses [Abstract]
Beginning Balance	$ 8,758	$ 9,435
Provision	(350)	(280)
Charge-offs	(468)	(1,522)
Recoveries	1,029	1,125
Ending Balance	8,969	8,758
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	2,373	2,282
Allowance on loans collectively evaluated for impairment	6,596	6,476
Residential Mortgage [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	4,188	4,664
Provision	(528)	(651)
Charge-offs	(151)	(454)
Recoveries	324	629
Ending Balance	3,833	4,188
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	1,703	1,838
Allowance on loans collectively evaluated for impairment	2,130	2,350
Acquisition and Development [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	446	362
Provision	(3)	84
Charge-offs	(13)	0
Recoveries	97	0
Ending Balance	527	446
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	0	0
Allowance on loans collectively evaluated for impairment	527	446
Land [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	510	646
Provision	352	(185)
Charge-offs	(59)	0
Recoveries	60	49
Ending Balance	863	510
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	53	78
Allowance on loans collectively evaluated for impairment	810	432
Lines of Credit [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	57	12
Provision	(10)	(190)
Charge-offs	0	0
Recoveries	10	235
Ending Balance	57	57
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	15	30
Allowance on loans collectively evaluated for impairment	42	27
Commercial Real Estate [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	2,792	2,504
Provision	(102)	368
Charge-offs	(178)	(80)
Recoveries	23	0
Ending Balance	2,535	2,792
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	196	328
Allowance on loans collectively evaluated for impairment	2,339	2,464
Commercial Non-Real Estate [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	234	280
Provision	160	59
Charge-offs	(17)	(154)
Recoveries	44	49
Ending Balance	421	234
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	0	5
Allowance on loans collectively evaluated for impairment	421	229
Home Equity [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	528	963
Provision	(171)	236
Charge-offs	(50)	(834)
Recoveries	421	163
Ending Balance	728	528
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	402	2
Allowance on loans collectively evaluated for impairment	326	526
Consumer [Member]
Summary of allowance for loan losses [Abstract]
Beginning Balance	3	4
Provision	(48)	(1)
Charge-offs	0	0
Recoveries	50	0
Ending Balance	5	3
Ending balance related to [Abstract]
Allowance on loans individually evaluated for impairment	4	1
Allowance on loans collectively evaluated for impairment	$ 1	$ 2

Loans Receivable, Non-Performin

Loans Receivable, Non-Performing Assets and Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	$ 15,292	$ 16,166
Impaired Loans with Specific Allowance, Related Allowance	2,373	2,282
Impaired Loans with No Specific Allowance, Recorded Investment	15,006	20,875
Total Impaired Loans, Recorded Investment	30,298	37,041
Total Impaired Loans, Unpaid Principal Balance	31,737	38,840
Impaired Loans with Specific Allowance, Average Recorded Investment	14,226	17,100
Impaired Loans with Specific Allowance, Interest Income Recognized	606	710
Impaired Loans with No Specific Allowance, Average Recorded Investment	20,053	20,938
Impaired Loans with No Related Allowance, Interest Income Recognized	821	980
Total Impaired Loans, Average Recorded Investment	34,279	38,038
Total Impaired Loans Interest Income Recognized	1,427	1,690
Loans in nonaccrual status included in impaired loans	20,446
Impaired loans	30,298	37,041
Total loans	628,950	622,234
Pass [Member]
Impaired loans [Abstract]
Total loans	604,912	580,276
Residential Mortgage [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	11,065	11,885
Impaired Loans with Specific Allowance, Related Allowance	1,703	1,838
Impaired Loans with No Specific Allowance, Recorded Investment	9,338	14,202
Total Impaired Loans, Recorded Investment	20,403	26,087
Total Impaired Loans, Unpaid Principal Balance	21,030	26,656
Impaired Loans with Specific Allowance, Average Recorded Investment	10,785	12,645
Impaired Loans with Specific Allowance, Interest Income Recognized	463	540
Impaired Loans with No Specific Allowance, Average Recorded Investment	12,747	13,886
Impaired Loans with No Related Allowance, Interest Income Recognized	521	564
Total Impaired Loans, Average Recorded Investment	23,532	26,531
Total Impaired Loans Interest Income Recognized	984	1,104
Impaired loans	20,403	26,087
Total loans	260,603	285,930
Residential Mortgage [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	251,763	268,583
Construction Acquisition and Development [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	0	0
Impaired Loans with Specific Allowance, Related Allowance	0	0
Impaired Loans with No Specific Allowance, Recorded Investment	0	309
Total Impaired Loans, Recorded Investment	0	309
Total Impaired Loans, Unpaid Principal Balance	0	309
Impaired Loans with Specific Allowance, Average Recorded Investment	0	114
Impaired Loans with Specific Allowance, Interest Income Recognized	0	1
Impaired Loans with No Specific Allowance, Average Recorded Investment	208	573
Impaired Loans with No Related Allowance, Interest Income Recognized	9	29
Total Impaired Loans, Average Recorded Investment	208	687
Total Impaired Loans Interest Income Recognized	9	30
Impaired loans	0	309
Total loans	57,166	77,478
Construction Acquisition and Development [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	57,166	77,168
Land [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	417	639
Impaired Loans with Specific Allowance, Related Allowance	53	78
Impaired Loans with No Specific Allowance, Recorded Investment	441	969
Total Impaired Loans, Recorded Investment	858	1,608
Total Impaired Loans, Unpaid Principal Balance	858	1,723
Impaired Loans with Specific Allowance, Average Recorded Investment	489	822
Impaired Loans with Specific Allowance, Interest Income Recognized	26	21
Impaired Loans with No Specific Allowance, Average Recorded Investment	1,026	1,035
Impaired Loans with No Related Allowance, Interest Income Recognized	27	72
Total Impaired Loans, Average Recorded Investment	1,515	1,857
Total Impaired Loans Interest Income Recognized	53	93
Impaired loans	858	1,608
Total loans	48,664	28,677
Land [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	47,886	26,845
Lines of Credit [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	148	299
Impaired Loans with Specific Allowance, Related Allowance	15	30
Impaired Loans with No Specific Allowance, Recorded Investment	0	0
Total Impaired Loans, Recorded Investment	148	299
Total Impaired Loans, Unpaid Principal Balance	148	299
Impaired Loans with Specific Allowance, Average Recorded Investment	149	25
Impaired Loans with Specific Allowance, Interest Income Recognized	7	1
Impaired Loans with No Specific Allowance, Average Recorded Investment	141	321
Impaired Loans with No Related Allowance, Interest Income Recognized	2	18
Total Impaired Loans, Average Recorded Investment	290	346
Total Impaired Loans Interest Income Recognized	9	19
Impaired loans	148	299
Total loans	29,657	20,188
Lines of Credit [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	29,289	19,521
Commercial Real Estate [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	1,958	3,214
Impaired Loans with Specific Allowance, Related Allowance	196	328
Impaired Loans with No Specific Allowance, Recorded Investment	3,698	3,107
Total Impaired Loans, Recorded Investment	5,656	6,321
Total Impaired Loans, Unpaid Principal Balance	5,858	6,469
Impaired Loans with Specific Allowance, Average Recorded Investment	2,020	2,933
Impaired Loans with Specific Allowance, Interest Income Recognized	100	134
Impaired Loans with No Specific Allowance, Average Recorded Investment	4,021	2,179
Impaired Loans with No Related Allowance, Interest Income Recognized	187	166
Total Impaired Loans, Average Recorded Investment	6,041	5,112
Total Impaired Loans Interest Income Recognized	287	300
Impaired loans	5,656	6,321
Total loans	195,710	174,912
Commercial Real Estate [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	184,820	155,766
Commercial Non-Real Estate [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	0	103
Impaired Loans with Specific Allowance, Related Allowance	0	5
Impaired Loans with No Specific Allowance, Recorded Investment	0	19
Total Impaired Loans, Recorded Investment	0	122
Total Impaired Loans, Unpaid Principal Balance	0	123
Impaired Loans with Specific Allowance, Average Recorded Investment	25	213
Impaired Loans with Specific Allowance, Interest Income Recognized	1	5
Impaired Loans with No Specific Allowance, Average Recorded Investment	4	10
Impaired Loans with No Related Allowance, Interest Income Recognized	0	13
Total Impaired Loans, Average Recorded Investment	29	223
Total Impaired Loans Interest Income Recognized	1	18
Impaired loans	0	122
Total loans	16,811	9,296
Commercial Non-Real Estate [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	16,722	9,151
Home Equity [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	1,608	16
Impaired Loans with Specific Allowance, Related Allowance	402	2
Impaired Loans with No Specific Allowance, Recorded Investment	1,529	2,269
Total Impaired Loans, Recorded Investment	3,137	2,285
Total Impaired Loans, Unpaid Principal Balance	3,747	3,251
Impaired Loans with Specific Allowance, Average Recorded Investment	679	337
Impaired Loans with Specific Allowance, Interest Income Recognized	7	8
Impaired Loans with No Specific Allowance, Average Recorded Investment	1,889	2,520
Impaired Loans with No Related Allowance, Interest Income Recognized	75	115
Total Impaired Loans, Average Recorded Investment	2,568	2,857
Total Impaired Loans Interest Income Recognized	82	123
Impaired loans	3,137	2,285
Total loans	19,129	24,529
Home Equity [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	16,056	22,018
Consumer [Member]
Impaired loans [Abstract]
Impaired Loans with Specific Allowance, Recorded Investment	96	10
Impaired Loans with Specific Allowance, Related Allowance	4	1
Impaired Loans with No Specific Allowance, Recorded Investment	0	0
Total Impaired Loans, Recorded Investment	96	10
Total Impaired Loans, Unpaid Principal Balance	96	10
Impaired Loans with Specific Allowance, Average Recorded Investment	79	11
Impaired Loans with Specific Allowance, Interest Income Recognized	2	0
Impaired Loans with No Specific Allowance, Average Recorded Investment	17	414
Impaired Loans with No Related Allowance, Interest Income Recognized	0	3
Total Impaired Loans, Average Recorded Investment	96	425
Total Impaired Loans Interest Income Recognized	2	3
Impaired loans	96	10
Total loans	1,210	1,224
Consumer [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	1,210	1,224
Residential Real Estate [Member]
Impaired loans [Abstract]
Total Impaired Loans, Recorded Investment	20,403
Impaired loans	20,403
Unfunded [Member]
Impaired loans [Abstract]
Total loans	15,728	21,101
Unfunded [Member] | Pass [Member]
Impaired loans [Abstract]
Total loans	15,728	$ 21,101
Consumer Residential Real Estate [Member]
Impaired loans [Abstract]
Total Impaired Loans, Recorded Investment	17,075
Impaired loans	17,075
Builders Residential Real Estate [Member]
Impaired loans [Abstract]
Total Impaired Loans, Recorded Investment	3,328
Impaired loans	$ 3,328

Loans Receivable, Classes of Lo

Loans Receivable, Classes of Loan Portfolio within the Internal Risk Grading System (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 628,950	$ 622,234
Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	260,603	285,930
Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	57,166	77,478
Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	48,664	28,677
Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	29,657	20,188
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	195,710	174,912
Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	16,811	9,296
Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	19,129	24,529
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,210	1,224
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	604,912	580,276
Pass [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	251,763	268,583
Pass [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	57,166	77,168
Pass [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	47,886	26,845
Pass [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	29,289	19,521
Pass [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	184,820	155,766
Pass [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	16,722	9,151
Pass [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	16,056	22,018
Pass [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,210	1,224
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,412	28,085
Special Mention [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,316	12,457
Special Mention [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	71
Special Mention [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	1,268
Special Mention [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	116	368
Special Mention [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,420	13,208
Special Mention [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	88	125
Special Mention [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	472	588
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	11,626	13,873
Substandard [Member] | Residential Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,524	4,890
Substandard [Member] | Construction Acquisition and Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	239
Substandard [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	778	564
Substandard [Member] | Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	252	299
Substandard [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,470	5,938
Substandard [Member] | Commercial Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1	20
Substandard [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,601	1,923
Substandard [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
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 45

Loans Receivable, Classes of Loan Portfolio by Aging Categories of Performing and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	$ 7,520	$ 5,734
Current	621,430	616,500
Total loans	628,950	622,234
Non-Accrual	9,852	8,974
30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	1,616	2,135
60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	2,245	65
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	3,659	3,534
Residential Mortgage [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	4,510	4,119
Current	256,093	281,811
Total loans	260,603	285,930
Non-Accrual	3,580	3,191
Residential Mortgage [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	1,472	1,593
Residential Mortgage [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	2,074	65
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	964	2,461
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	57,166	77,478
Total loans	57,166	77,478
Non-Accrual	0	244
Construction Acquisition and Development [Member] | 30-59 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] | 60-89 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	112	293
Current	48,552	28,384
Total loans	48,664	28,677
Non-Accrual	269	277
Land [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	106	137
Land [Member] | 60-89 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	156
Lines of Credit [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	0	149
Current	29,657	20,039
Total loans	29,657	20,188
Non-Accrual	150	483
Lines of Credit [Member] | 30-59 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	149
Lines of Credit [Member] | 60-89 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	0	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	686	545
Current	195,024	174,367
Total loans	195,710	174,912
Non-Accrual	2,938	2,681
Commercial Real Estate [Member] | 30-59 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	253
Commercial Real Estate [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	171	0
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	515	292
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	16,811	9,296
Total loans	16,811	9,296
Non-Accrual	1	0
Commercial Non-Real Estate [Member] | 30-59 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] | 60-89 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	2,208	625
Current	16,921	23,904
Total loans	19,129	24,529
Non-Accrual	2,914	2,098
Home Equity [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	34	0
Home Equity [Member] | 60-89 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
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	2,174	625
Consumer [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	4	3
Current	1,206	1,221
Total loans	1,210	1,224
Non-Accrual	0	0
Consumer [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total Past Due	4	3
Consumer [Member] | 60-89 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
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
Unfunded [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans [Abstract]
Total loans	$ 15,728	$ 21,101

Loans Receivable, Financial Ins

Loans Receivable, Financial Instruments Whose Contract Amounts Represent Credit Risk (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)CommitmentLoan	Dec. 31, 2015USD ($)CommitmentLoan
Standby Letters of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 4,022	$ 5,937
Current liability for guarantees	$ 94	115
Letters of credit expiry period	12 months
Home Equity Lines of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 7,736	7,467
Loan expiry period	10 years
Unadvanced Construction Commitments [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 15,728	21,101
Mortgage Loan Commitments [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	574	3,233
Fixed rate loan commitments	$ 574	$ 3,233
Fixed interest rate	4.25%
Number of mortgage loan commitments at floating rate of interest | Commitment	2	7
Mortgage Loan Commitments [Member] | Minimum [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Fixed interest rate		3.75%
Mortgage Loan Commitments [Member] | Maximum [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Fixed interest rate		8.00%
Lines of Credit [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	$ 34,125	$ 27,189
Loans Sold and Serviced with Limited Repurchase Provisions [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Off-balance sheet credit risk	70,773	65,107
Loans receivable held-for-sale, amount	149,990	157,420
Mortgage loan, held in reserve	48	$ 0
Repurchase of loan	$ 343
Number of repurchased loans | Loan	0	0
Loans Sold and Serviced with Limited Repurchase Provisions [Member] | Minimum [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Period of delinquency under repurchase agreement	120 days	120 days
Loans Sold and Serviced with Limited Repurchase Provisions [Member] | Maximum [Member]
Financial instruments whose contract amount represents credit risk [Abstract]
Period of delinquency under repurchase agreement	180 days	180 days

Loans Receivable, Troubled Debt

Loans Receivable, Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Contract	Dec. 31, 2016USD ($)LoanContract	Dec. 31, 2016USD ($)Contract	Dec. 31, 2015USD ($)Contract
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			3	3
Pre-Modification Outstanding Recorded Investment | $	$ 624			$ 152
Post-Modifications contracts		3	3	3
Post-Modification Outstanding Recorded Investment | $	$ 624			$ 231
Method used to account for interest on TDRs [Abstract]
Number of Contracts	58	58	58	71
Accrual Status | $	$ 18,066	$ 18,066	$ 18,066	$ 24,386
Number of Contracts	7	7	7	6
Non-Accrual Status | $	$ 2,392	$ 2,392	$ 2,392	$ 1,329
Total Number of Contracts	65	65	65	77
Total Modifications | $	$ 20,458	$ 20,458	$ 20,458	$ 25,715
Number of TDRs		3	3	3
TDRs in non-accrual status | $	2,030	$ 2,030	$ 2,030
Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			3	2
Pre-Modification Outstanding Recorded Investment | $	624			$ 91
Post-Modifications contracts			3	2
Post-Modification Outstanding Recorded Investment | $	$ 624			$ 200
Method used to account for interest on TDRs [Abstract]
Number of Contracts	48	48	48	55
Accrual Status | $	$ 15,886	$ 15,886	$ 15,886	$ 20,831
Number of Contracts	4	4	4	3
Non-Accrual Status | $	$ 2,137	$ 2,137	$ 2,137	$ 1,071
Total Number of Contracts	52	52	52	58
Total Modifications | $	$ 18,023	$ 18,023	$ 18,023	$ 21,902
Number of TDRs			3	2
Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts	0	0	0	1
Accrual Status | $	$ 0	$ 0	$ 0	$ 71
Number of Contracts	0	0	0	0
Non-Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Total Number of Contracts	0	0	0	1
Total Modifications | $	$ 0	$ 0	$ 0	$ 71
Number of TDRs			0	0
Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	1
Pre-Modification Outstanding Recorded Investment | $	0			$ 61
Post-Modifications contracts			0	1
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 31
Method used to account for interest on TDRs [Abstract]
Number of Contracts	2	2	2	6
Accrual Status | $	$ 170	$ 170	$ 170	$ 907
Number of Contracts	1	1	1	1
Non-Accrual Status | $	$ 6	$ 6	$ 6	$ 6
Total Number of Contracts	3	3	3	7
Total Modifications | $	$ 176	$ 176	$ 176	$ 913
Number of TDRs			0	1
Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts	0	0	0	0
Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Number of Contracts	0	0	0	0
Non-Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Total Number of Contracts	0	0	0	0
Total Modifications | $	$ 0	$ 0	$ 0	$ 0
Number of TDRs			0	0
Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts	3	3	3	4
Accrual Status | $	$ 1,914	$ 1,914	$ 1,914	$ 2,464
Number of Contracts	2	2	2	2
Non-Accrual Status | $	$ 249	$ 249	$ 249	$ 252
Total Number of Contracts	5	5	5	6
Total Modifications | $	$ 2,163	$ 2,163	$ 2,163	$ 2,716
Number of TDRs			0	0
Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts	0	0	0	4
Accrual Status | $	$ 0	$ 0	$ 0	$ 103
Number of Contracts	0	0	0	0
Non-Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Total Number of Contracts	0	0	0	4
Total Modifications | $	$ 0	$ 0	$ 0	$ 103
Number of TDRs			0	0
Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts	0	0	0	0
Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Number of Contracts	0	0	0	0
Non-Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Total Number of Contracts	0	0	0	0
Total Modifications | $	$ 0	$ 0	$ 0	$ 0
Number of TDRs			0	0
Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of Contracts	5	5	5	1
Accrual Status | $	$ 96	$ 96	$ 96	$ 10
Number of Contracts	0	0	0	0
Non-Accrual Status | $	$ 0	$ 0	$ 0	$ 0
Total Number of Contracts	5	5	5	1
Total Modifications | $	$ 96	$ 96	$ 96	$ 10
Number of TDRs			0	0
Rate Modification [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Rate Modification [Member] | Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	1
Pre-Modification Outstanding Recorded Investment | $	0			$ 91
Post-Modifications contracts			0	1
Post-Modification Outstanding Recorded Investment | $	0			$ 91
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	1
Term Modifications [Member] | Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	1
Pre-Modification Outstanding Recorded Investment | $	0			$ 91
Post-Modifications contracts			0	1
Post-Modification Outstanding Recorded Investment | $	0			$ 91
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	1
Term Modifications [Member] | Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member] | Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member] | Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member] | Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member] | Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member] | Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Term Modifications [Member] | Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Combination Modifications [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			3	2
Pre-Modification Outstanding Recorded Investment | $	624			$ 61
Post-Modifications contracts			3	2
Post-Modification Outstanding Recorded Investment | $	624			$ 140
Method used to account for interest on TDRs [Abstract]
Number of TDRs			3	2
Combination Modifications [Member] | Residential Mortgage [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			3	1
Pre-Modification Outstanding Recorded Investment | $	624			$ 0
Post-Modifications contracts			3	1
Post-Modification Outstanding Recorded Investment | $	624			$ 109
Method used to account for interest on TDRs [Abstract]
Number of TDRs			3	1
Combination Modifications [Member] | Construction Acquisition and Development [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Combination Modifications [Member] | Land [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	1
Pre-Modification Outstanding Recorded Investment | $	0			$ 61
Post-Modifications contracts			0	1
Post-Modification Outstanding Recorded Investment | $	0			$ 31
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	1
Combination Modifications [Member] | Lines of Credit [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Combination Modifications [Member] | Commercial Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Combination Modifications [Member] | Commercial Non-Real Estate [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Combination Modifications [Member] | Home Equity [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0
Combination Modifications [Member] | Consumer [Member]
Newly restructured loans during the period [Abstract]
Pre-Modifications contracts			0	0
Pre-Modification Outstanding Recorded Investment | $	0			$ 0
Post-Modifications contracts			0	0
Post-Modification Outstanding Recorded Investment | $	$ 0			$ 0
Method used to account for interest on TDRs [Abstract]
Number of TDRs			0	0

Premises and Equipment (Details

Premises and Equipment (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)LocationBranch	Dec. 31, 2015USD ($)
Premises and equipment [Abstract]
Total at cost	$ 36,002	$ 35,099
Accumulated depreciation	(11,972)	(10,809)
Premises and equipment, net	24,030	24,290
Depreciation expense	$ 1,164	1,137
Period for which lease term renewed	5 years
Period of second lease term	25 years
Minimum future rental payments [Abstract]
2,017	$ 242
2,018	225
2,019	225
2,020	185
2,021	135
Thereafter	533
Minimum future rental income [Abstract]
2,017	994
2,018	945
2,019	945
2,020	716
2,021	515
Thereafter	488
Rent expense	175	131
Total gross rental income	$ 1,004	970
Anne Arundel County, Maryland [Member]
Premises and equipment [Abstract]
Number of retail branch locations | Location	5
Number of retail branch owned | Branch	3
Number of retail branch locations leased | Location	2
Lease expiration date	Jul. 31, 2020
Second lease expiration date	Feb. 28, 2026
Annapolis, Maryland [Member]
Premises and equipment [Abstract]
Lease expiration date	Jan. 31, 2017
Second lease renewal term	5 years
Minimum [Member] | Annapolis, Maryland [Member]
Premises and equipment [Abstract]
Period for which lease term renewed	3 years
Maximum [Member] | Annapolis, Maryland [Member]
Premises and equipment [Abstract]
Period for which lease term renewed	5 years
Land [Member]
Premises and equipment [Abstract]
Total at cost	$ 1,537	1,537
Estimated Useful Lives	0 years
Building [Member]
Premises and equipment [Abstract]
Total at cost	$ 29,464	29,464
Estimated Useful Lives	39 years
Leasehold Improvements [Member]
Premises and equipment [Abstract]
Total at cost	$ 2,202	1,676
Leasehold Improvements [Member] | Minimum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	15 years
Leasehold Improvements [Member] | Maximum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	27 years 6 months
Furniture, Fixtures and Equipment [Member]
Premises and equipment [Abstract]
Total at cost	$ 2,718	2,385
Furniture, Fixtures and Equipment [Member] | Minimum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	3 years
Furniture, Fixtures and Equipment [Member] | Maximum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	10 years
Construction in Process [Member]
Premises and equipment [Abstract]
Total at cost	$ 81	$ 37

Foreclosed Real Estate (Details

Foreclosed Real Estate (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)PropertyLandParcel	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)Property
Real Estate Properties [Line Items]
Carrying value of foreclosed real estate properties	$ 973	$ 1,744	$ 973
Number of properties sold | Property			12
Transfer from loans to foreclosed real estate, write-downs	246
Net gain on sale of foreclosed real estate	42	49
Foreclosed real estate [Abstract]
Foreclosed real estate at beginning balance	1,744	1,947
Transferred from impaired loans	1,575	2,234
Property improvements	0	0
Additional write downs	(218)	(58)
Property sold	(2,128)	(2,379)
Foreclosed real estate at ending balance	973	1,744
Specific reserves on transferred from impaired loans	0	0
Foreclosed real estate expenses, net	194	230
Foreclosed real estate operating expenses	162	$ 221
Net recoveries from properties sold in prior years	$ 145
Residential Properties [Member]
Real Estate Properties [Line Items]
Number of foreclosed residential properties | Property	1
Carrying value of foreclosed real estate properties	$ 206		$ 206
Foreclosed real estate [Abstract]
Foreclosed real estate at ending balance	$ 206
Consumer mortgage loans secured by residential real estate properties in formal foreclosure proceedings			5,022
Land Parcel [Member]
Real Estate Properties [Line Items]
Number of foreclosed land parcels | LandParcel	6
Carrying value of foreclosed real estate properties	$ 767		$ 767
Foreclosed real estate [Abstract]
Foreclosed real estate at ending balance	$ 767

Investment in Federal Home Lo50

Investment in Federal Home Loan Bank of Atlanta Stock (Details)	Dec. 31, 2016
Investment in Federal Home Loan Bank of Atlanta Stock [Abstract]
Minimum percentage of the unpaid principal balances	1.00%
Ratio of outstanding advances from FHLB	5.00%

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deposits by category [Abstract]
Checking accounts	$ 63,137	$ 56,096
Money market accounts	66,356	47,690
Passbooks	110,492	111,992
Certificates of deposit	273,816	277,778
Non-interest bearing accounts	58,145	30,215
Total deposits	$ 571,946	$ 523,771
Checking accounts	11.04%	10.71%
Money market accounts	11.60%	9.11%
Passbooks	19.32%	21.38%
Certificates of deposit	47.87%	53.03%
Non-interest bearing accounts	10.17%	5.77%
Total deposits	100.00%	100.00%
Scheduled maturities of certificates of deposit [Abstract]
One year or less	$ 169,331
More than 1 year to 2 years	40,388
More than 2 years to 3 years	16,120
More than 3 years to 4 years	25,861
More than 4 years to 5 years	21,121
More than 5 years	995
Total	273,816	$ 277,778
Jumbo certificates of deposit with a minimum denomination of $250,000	$ 39,131	$ 25,713

Borrowings (Details)

Borrowings (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Long-term advances outstanding		$ 103,500,000	$ 115,000,000
Other Borrowings [Abstract]
Amount of loan borrowed	$ 3,500,000
Term of loan	8 years
Period of fixed interest rate	36 months
Debt instrument fixed rate	2.75%
Amortization period, FHLB Rate	5 years
Quarterly principal payment	$ 175,000
Debt instrument, prepayment penalty rate	1.00%
Year One and Two [Member]
Other Borrowings [Abstract]
Debt instrument, prepayment penalty on the floating rate	2.00%
From Year Three to Five [Member]
Other Borrowings [Abstract]
Debt instrument, prepayment penalty on the floating rate	1.00%
Maximum [Member]
Other Borrowings [Abstract]
Additional principal payment	$ 875,000
Unsecured Note [Member]
Other Borrowings [Abstract]
Fixed interest rate	4.25%
Wall Street Journal Prime plus [Member]
Other Borrowings [Abstract]
Debt instrument variable rate	0.50%
FHLB of Atlanta [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Credit availability under the FHLB		$ 232,193,000	192,672,000
Maximum collateral pledge percentage total assets able to borrow		30.00%
Short-term borrowings with the FHLB		$ 0	0
Long-term advances outstanding		$ 100,000,000	$ 115,000,000
Interest rate on maturities of long-term advances [Abstract]
2019 Maturity, Rate		4.00%
Maturities of long-term advances [Abstract]
2017 Maturity, Amount		$ 70,000,000
2018 Maturity, Amount		15,000,000
2019 Maturity, Amount		15,000,000
Long-term advances Maturity, Amount		100,000,000
Loans pledged as collateral		$ 338,060,000
FHLB of Atlanta [Member] | Minimum [Member]
Interest rate on maturities of long-term advances [Abstract]
2017 Maturity, Rate		2.43%
2018 Maturity, Rate		2.58%
FHLB of Atlanta [Member] | Maximum [Member]
Interest rate on maturities of long-term advances [Abstract]
2017 Maturity, Rate		4.05%
2018 Maturity, Rate		3.43%

Subordinated Debentures (Detail

Subordinated Debentures (Details) $ / shares in Units, $ in Thousands	Nov. 15, 2008USD ($)Offering$ / sharesshares	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)Quarter	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Subordinated note outstanding			$ 20,619	$ 24,119
Subordinated Note, original principal amount		$ 3,500
Series A Preferred Stock [Member]
Debt Instrument [Line Items]
Aggregate preferred stock outstanding	$ 3,500		4	$ 4
Junior Subordinated Debt Securities [Member]
Debt Instrument [Line Items]
Junior subordinated debt securities principal amount			$ 20,619
Floating rate of interest			3-month LIBOR (0.88% December 31, 2016)
Debt instrument base rate			0.88%
Basis points			2.00%
Maturity date			Jan. 7, 2035
Proceeds from issuance of debentures			$ 17,000
Number of consecutive quarterly periods | Quarter			20
Series A Subordinated Notes [Member]
Debt Instrument [Line Items]
Number of private placement offering | Offering	70
Private placement offering price (per unit) | $ / shares	$ 100,000
Gross proceeds of private placement	$ 7,000
Number of shares consisted in each unit (in shares) | shares	6,250
Subordinated note outstanding	$ 3,500
Payment for subordinated notes outstanding		$ 3,500
Annual interest rate on subordinated notes		8.00%
Subordinated Note, original principal amount	$ 50
Severn Capital Trust I [Member]
Debt Instrument [Line Items]
Common equity owned			100.00%

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
401 (k) Retirement Savings Plan [Abstract]
Employer matching contribution	50.00%
Maximum percentage of the employee's annual salary	6.00%
Bank's contribution to employee benefit plans	$ 215	$ 217
Employee Stock Ownership Plan ("ESOP") [Abstract]
Recognized ESOP expense	$ 140	$ 140
Allocated shares (in shares)	549,428	519,025
Unallocated shares (in shares)	30,000	10,000
Fair value of the unallocated shares	$ 237

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	Dec. 31, 2016	Sep. 30, 2016	Sep. 08, 2016	Aug. 11, 2016	Jun. 30, 2016	May 11, 2016	Apr. 15, 2016	Sep. 25, 2013	Nov. 21, 2008	Nov. 15, 2008	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
U.S. Treasury sales of shares to outside investors (in shares)								23,393,000
Preferred stock, par value (in dollars per share)	$ 0.01										$ 0.01	$ 0.01
Common stock, par value (in dollars per share)	0.01										$ 0.01	$ 0.01
Series B Warrant [Member]
Class of Stock [Line Items]
Term of warrant											10 years
Exercise price of warrants (in dollars per share)	$ 6.30										$ 6.30
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares issued (in shares)	437,500									437,500	437,500	437,500
Preferred stock dividend rate percentage											8.00%
Preferred stock liquidation preference (in dollars per share)	$ 8										$ 8
Number of shares issued upon conversion (in shares)	1										1
Share conversion price (in dollars per share)	$ 8										$ 8
Stock issuance cost										$ 247,000
Dividends declared and paid	$ 70,000	$ 70,000			$ 70,000						$ 210,000
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares issued (in shares)	0								23,393		0	23,393
Preferred stock dividend rate percentage											9.00%
Preferred stock liquidation preference (in dollars per share)									$ 1,000
Stock issuance cost									$ 45,000
Dividends declared and paid			$ 77,000	$ 301,000		$ 326,000	$ 7,590,000				$ 1,231,000	$ 2,105,000
Preferred stock, par value (in dollars per share)									$ 0.01
Common stock purchase rights with issue of a warrant (in shares)									556,976
Aggregate purchase price, Preferred Stock and Warrants									$ 23,393,000
Common stock, par value (in dollars per share)									$ 0.01
Shares redeemed (in shares)			(13,393)			(10,000)
Value of stock redeemed			$ 13,393,000			$ 10,000,000

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of shares authorized under the plan (in shares)	500,000
Number of shares available under the plan (in shares)	260,501
Stock-based compensation expense	$ 184,000	$ 120,000
Tax benefit from stock-based compensation expense	$ 0	$ 0
Shares [Roll Forward]
Options outstanding, beginning of period (in shares)	339,800	328,200
Options granted (in shares)	74,000	111,500
Options exercised (in shares)	(18,800)	(21,500)
Options forfeited (in shares)	(55,500)	(78,400)
Options outstanding, end of period (in shares)	339,500	339,800
Options exercisable, end of period (in shares)	138,066
Option price range lower range limit (in dollars per share)	$ 3.37
Option price range upper range limit (in dollars per share)	7.48
Weighted Average Exercise Price [Roll Forward]
Options outstanding, beginning of period (in dollars per share)	4.83	$ 4.33
Options granted (in dollars per share)	6.98	5.85
Options exercised (in dollars per share)	3.96	4.48
Options forfeited (in dollars per share)	5.08	4.29
Options outstanding, ending of period (in dollars per share)	5.31	$ 4.83
Options exercisable, end of period (in dollars per share)	$ 4.48
Weighted Average Remaining Life [Abstract]
Options outstanding, December 31, 2016	4 years 10 months 20 days
Options exercisable, December 31, 2016	1 year 10 months 20 days
Aggregate Intrinsic Value [Abstract]
Options outstanding, December 31, 2016	$ 878,385	$ 323,000
Options exercisable, December 31, 2016	472,635	165,000
Aggregate intrinsic value of the options exercised	$ 74,000	$ 27,000
Fair value assumptions for options granted [Abstract]
Expected life of options	5 years 6 months	5 years 6 months
Risk-free interest rate	1.77%	1.71%
Expected volatility	58.32%	61.84%
Expected dividend yield	0.00%	0.00%
Weighted average fair value of options granted (in dollars per share)	$ 3.55	$ 3.16
Nonvested Options, Shares [Roll Forward]
Nonvested options outstanding, beginning balance (in shares)	235,570
Nonvested options granted (in shares)	74,000
Nonvested options vested (in shares)	(52,636)
Nonvested options forfeited (in shares)	(55,500)
Nonvested options outstanding, ending balance (in shares)	201,434	235,570
Nonvested Options, Weighted Average Grant Date Fair Value [Roll Forward]
Nonvested options outstanding, beginning balance (in dollars per share)	$ 5.13
Nonvested options granted (in dollars per share)	6.98
Nonvested options vested (in dollars per share)	4.87
Nonvested options forfeited (in dollars per share)	5.08
Nonvested options outstanding, ending balance (in dollars per share)	$ 5.89	$ 5.13
Unrecognized stock-based compensation expense	$ 640,200
Unrecognized stock-based compensation expected to be recognized period	60 months
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period	5 years
Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options expiry period	10 years

Regulatory Matters (Details)

Regulatory Matters (Details) - USD ($) $ in Thousands		Dec. 31, 2016		Dec. 31, 2015		Apr. 23, 2013
Tangible [Abstract]
Tangible Actual, Amount	[1]	$ 98,970		$ 112,959
Tangible Actual, %	[1]	12.90%		14.80%
Tangible Required For Capital Adequacy Purposes, Amount	[1]	$ 11,488		$ 11,423
Tangible Required For Capital Adequacy Purposes, %	[1]	1.50%		1.50%
Tier I capital [Abstract]
Tier I capital Actual, Amount	[2]	$ 98,970		$ 112,959
Tier I capital Actual, %		16.50%	[2]	19.60%	[2]	10.00%
Tier I capital Required For Capital Adequacy Purposes, Amount	[2]	$ 35,977		$ 34,626
Tier I capital Required For Capital Adequacy Purposes, %	[2]	6.00%		6.00%
Tier I Capital Minimum Capital Adequacy with Capital Buffer, Amount	[2]	$ 39,725
Tier I Capital Minimum Capital Adequacy with Capital Buffer, %	[2]	6.60%
Tier I capital Required To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	[2]	$ 47,969		$ 46,168
Tier I Capital Required To Be Well Capitalized Under Prompt Corrective Action Provisions, %	[2]	8.00%		8.00%
Common Equity Tier 1 [Abstract]
Common Equity Tier I Actual, Amount		$ 98,970		$ 112,959
Common Equity Tier I Actual, %		16.50%		19.60%
Common Equity Tier I Required For Capital Adequacy Purposes, Amount		$ 26,983		$ 25,970
Common Equity Tier I Required For Capital Adequacy Purposes, %		4.50%		4.50%
Common Equity Tier 1 Minimum Capital Adequacy with Capital Buffer, Amount		$ 30,730
Common Equity Tier 1 Minimum Capital Adequacy with Capital Buffer, %		5.10%
Common Equity Tier I Required To Be Well Capitalized Under Prompt Corrective Provisions, Amount		$ 38,975		$ 37,512
Common Equity Tier I Required To Be Well Capitalized Under Prompt Corrective Provisions, %		6.50%		6.50%
Leverage [Abstract]
Leverage Actual, Amount	[1]	$ 98,970		$ 112,959
Leverage Actual, %	[1]	12.90%		14.80%
Leverage Required For Capital Adequacy Purposes, Amount	[1]	$ 30,634		$ 30,461
Leverage Required For Capital Adequacy Purposes, %	[1]	4.00%		4.00%
Leverage Minimum Capital Adequacy with Capital Buffer, Amount	[1]	$ 35,420
Leverage Minimum Capital Adequacy with Capital Buffer, %	[1]	4.60%
Leverage Required To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	[1]	$ 38,292		$ 38,076
Leverage Required To Be Well Capitalized Under Prompt Corrective Action Provisions, %	[1]	5.00%		5.00%
Total [Abstract]
Total Actual, Amount	[2]	$ 106,517		$ 120,193
Total Actual, %		17.80%	[2]	20.80%	[2]	15.00%
Total Required For Capital Adequacy Purposes, Amount	[2]	$ 47,969		$ 46,168
Total Required For Capital Adequacy Purposes, %	[2]	8.00%		8.00%
Total Minimum Capital Adequacy with Capital Buffer, Amount	[2]	$ 51,717
Total Minimum Capital Adequacy with Capital Buffer, %	[2]	8.60%
Total Required To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	[2]	$ 59,962		$ 57,710
Total Required To Be Well Capitalized Under Prompt Corrective Action Provisions, %	[2]	10.00%		10.00%
[1]	To adjusted total assets.
[2]	To risk-weighted assets.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Current [Abstract]
Federal		$ 94	$ 83
State		30	7
Current income tax provision, total		124	90
Deferred [Abstract]
Federal		1,909	1,486
State		438	321
Deferred income tax provision, total		2,347	1,807
Valuation allowance	$ 11,837	(12,485)	(1,807)
Total income tax provision (benefit)		(10,014)	90
Income Tax Expense (Benefit), Amount [Abstract]
Statutory Federal income tax rate		1,879	1,572
State tax net of Federal income tax benefit		323	216
Valuation allowance change	11,837	(12,485)	(1,807)
Other adjustments		269	109
Total income tax provision (benefit)		$ (10,014)	$ 90
Percent of Pretax Income [Abstract]
Statutory Federal income tax rate		34.00%	34.00%
State tax net of Federal income tax benefit		5.80%	4.70%
Valuation allowance change		(225.90%)	(39.10%)
Other adjustments		4.90%	2.40%
Total income tax provision (benefit), Total		(181.20%)	2.00%
Deferred Tax Assets [Abstract]
Allowance for loan losses		$ 4,636	$ 5,456
Reserve on foreclosed real estate		161	552
Reserve for uncollected interest		433	143
Reserve for contingent liability		56	57
Federal net operating loss carryforwards		5,850	7,306
State net operating loss carryforwards		1,298	1,457
Charitable contribution carryforwards		297	319
AMT		192	0
Other		0	88
Total deferred tax assets		12,923	15,378
Valuation allowance		0	(12,485)
Total deferred tax assets, net of valuation allowance		12,923	2,893
Deferred Tax Liabilities [Abstract]
Federal Home Loan Bank stock dividends		(82)	(84)
Loan origination costs		(801)	(733)
Accelerated depreciation		(1,473)	(1,544)
Prepaid expenses		(264)	(278)
Mortgage servicing rights		(220)	(252)
Other		(2)	(2)
Total deferred tax liabilities		(2,842)	(2,893)
Net deferred tax assets		10,081	0
Operating Loss Carryforwards [Line Items]
Income tax valuation allowance reversal	$ 11,837	(12,485)	$ (1,807)
Federal [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards		$ 17,205
Federal [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date		Dec. 31, 2033
Federal [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date		Dec. 31, 2034
State [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards		$ 23,573
State [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date		Dec. 31, 2023
State [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Expiration date		Dec. 31, 2033

Related Party Transactions (Det

Related Party Transactions (Details)	12 Months Ended
	Dec. 31, 2016USD ($)Term	Dec. 31, 2015USD ($)
Board of Directors [Member]
Related party loan activity [Roll forward]
Beginning balance	$ 3,186,000
Loan funding	133,000
Loan pay off/payment	(259,000)
Ending balance	$ 3,060,000	$ 3,186,000
President [Member] | Law Firm, Bank Partner [Member]
Related Party Transaction [Line Items]
Period for lease agreement with subsidiary	5 years
Number of additional term for which period of lease agreement increase | Term	3
Total lease payments received by the subsidiary	$ 270,000	266,000
Related party transaction fees for services	$ 228,000	$ 206,000

Fair Value of Financial Instr60

Fair Value of Financial Instruments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Loan	Dec. 31, 2015USD ($)Loan
Fair Value of Financial Instruments [Abstract]
Impaired loan balance	$ 15,292	$ 16,166
Valuation allowances	$ (2,373)	$ (2,282)
Number of impaired collateral-dependent loans | Loan	4	7
Fair value of impaired collateral-dependent loans partially charged off	$ 2,137	$ 3,219
Charge-off impaired collateral-dependent loans	90	622
Quoted Prices in Active Markets For Identical Assets (Level 1) [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0
Rate lock commitments	0	0
Significant Other Observable Inputs (Level 2) [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0
Rate lock commitments	162	141
Significant Unobservable Inputs (Level 3) [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	557	623
Rate lock commitments	0	0
Nonrecurring [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	15,056	17,103
Foreclosed real estate	767	543
Total nonrecurring fair value measurements	15,823	17,646
Liabilities required to be re-measured on a nonrecurring basis	0	0
Nonrecurring [Member] | Quoted Prices in Active Markets For Identical Assets (Level 1) [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	0	0
Foreclosed real estate	0	0
Total nonrecurring fair value measurements	0	0
Nonrecurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	0	0
Foreclosed real estate	0	0
Total nonrecurring fair value measurements	0	0
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Nonrecurring fair value measurements [Abstract]
Impaired loans	15,056	17,103
Foreclosed real estate	767	543
Total nonrecurring fair value measurements	15,823	17,646
Recurring [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	557	623
Rate lock commitments	162	141
Mandatory forward contracts	153	111
Total recurring fair value measurements	872	875
Recurring [Member] | Quoted Prices in Active Markets For Identical Assets (Level 1) [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0
Rate lock commitments	0	0
Mandatory forward contracts	0	0
Total recurring fair value measurements	0	0
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	0	0
Rate lock commitments	162	141
Mandatory forward contracts	153	111
Total recurring fair value measurements	315	252
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Recurring Fair Value Measurements [Abstract]
Mortgage servicing rights	557	623
Rate lock commitments	0	0
Mandatory forward contracts	0	0
Total recurring fair value measurements	$ 557	$ 623

Fair Value of Financial Instr61

Fair Value of Financial Instruments, Assets, Quantitative Information (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Impaired Loans [Member] | PV of Future Cash Flows [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair Value Estimate		$ 12,919	$ 13,884
Valuation Techniques	[1]	PV of future cash flows	PV of future cash flows
Unobservable Input		Discount Rate	Discount Rate
Range and weighted average of liquidation expenses		(6.00%)	(6.00%)
Impaired Loans [Member] | Appraisal of Collateral [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Fair Value Estimate		$ 2,137	$ 3,219
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		$ 767	$ 543
Valuation Techniques	[2],[4]	Appraisal of collateral	Appraisal of collateral
Unobservable Input	[3]	Appraisal adjustments	Appraisal adjustments
Minimum [Member] | Foreclosed Real Estate [Member] | Appraisal of Collateral [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Range and weighted average of appraisal adjustments		(10.00%)	(6.12%)
Maximum [Member] | Foreclosed Real Estate [Member] | Appraisal of Collateral [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Range and weighted average of appraisal adjustments		(10.00%)	(7.31%)
Weighted Average [Member] | Foreclosed Real Estate [Member] | Appraisal of Collateral [Member]
Quantitative Information about Level 3 Fair Value Measurements [Abstract]
Range and weighted average of appraisal adjustments		(10.00%)	(6.24%)
[1]	Cash flow which generally include 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 Value of Financial Instr62

Fair Value of Financial Instruments, Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financial Assets [Abstract]
Investment securities (HTM)	$ 62,827	$ 76,310
Quoted Prices in Active Markets For Identical Assets (Level 1) [Member]
Financial Assets [Abstract]
Cash and cash equivalents	67,114	43,591
Investment securities (HTM)	13,165	21,325
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	0
Financial Liabilities [Abstract]
Deposits	0	0
Long-Term Borrowings	0	0
Subordinated debentures	0	0
Accrued interest payable	0	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)	49,662	54,985
Loans held for sale	10,313	13,295
Loans receivable, net	0	0
FHLB stock	4,933	5,626
Accrued interest receivable	2,249	2,218
Mortgage servicing rights	0	0
Rate lock commitments	162	141
Mandatory forward contracts	153	111
Financial Liabilities [Abstract]
Deposits	572,556	524,458
Long-Term Borrowings	97,961	110,759
Subordinated debentures	0	0
Accrued interest payable	538	3,137
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	601,609	593,742
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights	557	623
Rate lock commitments	0	0
Mandatory forward contracts	0	0
Financial Liabilities [Abstract]
Deposits	0	0
Long-Term Borrowings	0	0
Subordinated debentures	20,619	24,119
Accrued interest payable	0	0
Off Balance Sheet Commitments	0	0
Fair Value [Member]
Financial Assets [Abstract]
Cash and cash equivalents	67,114	43,591
Investment securities (HTM)	62,827	76,310
Loans held for sale	10,313	13,295
Loans receivable, net	602,953	593,742
FHLB stock	4,933	5,626
Accrued interest receivable	2,249	2,218
Mortgage servicing rights	557	623
Rate lock commitments	162	141
Mandatory forward contracts	153	111
Financial Liabilities [Abstract]
Deposits	572,556	524,458
Long-Term Borrowings	101,461	110,759
Subordinated debentures	20,619	24,119
Accrued interest payable	538	3,137
Off Balance Sheet Commitments	0	0
Carrying Amount [Member]
Financial Assets [Abstract]
Cash and cash equivalents	67,114	43,591
Investment securities (HTM)	62,757	76,133
Loans held for sale	10,307	13,203
Loans receivable, net	601,309	589,656
FHLB stock	4,933	5,626
Accrued interest receivable	2,249	2,218
Mortgage servicing rights	557	623
Rate lock commitments	162	141
Mandatory forward contracts	153	111
Financial Liabilities [Abstract]
Deposits	571,946	523,771
Long-Term Borrowings	103,500	115,000
Subordinated debentures	20,619	24,119
Accrued interest payable	538	3,137
Off Balance Sheet Commitments	$ 0	$ 0

Condensed Financial Informati63

Condensed Financial Information (Parent Company Only) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity in net assets of subsidiaries [Abstract]
Loans receivable, net of allowance for loan losses of $8,985 and $8,758, respectively	$ 601,309	$ 589,656
Total assets	787,485	762,079
Subordinated debentures	20,619	24,119
Total Liabilities	699,555	675,623
Stockholders' equity	87,930	86,456	$ 83,810
Total liabilities and stockholders' equity	787,485	762,079
Statements of Operations [Abstract]
Interest income	30,750	31,153
Net interest income	22,189	22,161
Provision for loan losses	(350)	(280)
Income before income tax (benefit) provision	5,526	4,625
Income tax (benefit) expense	(10,014)	90
Net income	15,540	4,535
Cash Flows from Operating Activities [Abstract]
Net income	15,540	4,535
Adjustments to reconcile net income to net cash used in operating activities:
Deferred tax benefit	(10,081)	0
Provision for loan losses	(350)	(280)
Stock-based compensation expense	184	120
Net cash provided by operating activities	7,621	1,153
Cash Flows from Investing Activities [Abstract]
Net cash provided by investing activities	3,376	29,050
Cash Flows from Financing Activities [Abstract]
Repayment of borrowed funds, long term	(18,500)	0
Additional borrowed funds, long-term	3,500	0
Net proceeds from Common Stock issuance	10,510	0
Proceeds from exercise of options	74	96
Net cash provided by (used in) financing activities	12,526	(19,947)
Increase in cash and cash equivalents	23,523	10,256
Cash and cash equivalents at beginning of year	43,591	33,335
Cash and cash equivalents at end of year	67,114	43,591
Series A Preferred Stock [Member]
Cash Flows from Financing Activities [Abstract]
Preferred stock dividends	(210)	0
Series B Preferred Stock [Member]
Cash Flows from Financing Activities [Abstract]
Preferred stock dividends	(7,630)	0
Stock redemption of Series B preferred stock	(23,393)	0
Severn Bancorp, Inc [Member]
Statements of Financial Condition [Abstract]
Cash	2,012	993
Equity in net assets of subsidiaries [Abstract]
Bank	105,898	113,294
Non-Bank	3,014	3,881
Other assets	1,265	912
Total assets	112,189	119,080
Subordinated debentures	20,619	24,119
Other liabilities	3,640	8,505
Total Liabilities	24,259	32,624
Stockholders' equity	87,930	86,456
Total liabilities and stockholders' equity	112,189	119,080
Statements of Operations [Abstract]
Interest income	0	0
Interest expense on subordinated debentures	973	1,322
Net interest income	(973)	(1,322)
General and administrative expenses	229	243
Provision for loan losses	0	0
Income before income tax (benefit) provision	(1,202)	(1,565)
Income tax (benefit) expense	(1,004)	0
Equity in undistributed net income of subsidiaries	15,738	6,100
Net income	15,540	4,535
Cash Flows from Operating Activities [Abstract]
Net income	15,540	4,535
Adjustments to reconcile net income to net cash used in operating activities:
Equity in undistributed earnings of subsidiaries	(15,738)	(6,100)
Deferred tax benefit	(531)	0
Provision for loan losses	0	0
Decrease in other assets	178	8
Stock-based compensation expense	184	120
Increase in other liabilities	(1,965)	1,018
Net cash provided by operating activities	(2,332)	(419)
Cash Flows from Investing Activities [Abstract]
Contributions from subsidiaries	24,000	0
Net cash provided by investing activities	24,000	0
Cash Flows from Financing Activities [Abstract]
Repayment of borrowed funds, long term	(3,500)
Additional borrowed funds, long-term	3,500	0
Stock redemption of Series B preferred stock	(23,393)
Net proceeds from Common Stock issuance	10,510
Proceeds from exercise of options	74	96
Net cash provided by (used in) financing activities	(20,649)	96
Increase in cash and cash equivalents	1,019	(323)
Cash and cash equivalents at beginning of year	993	1,316
Cash and cash equivalents at end of year	2,012	$ 993
Severn Bancorp, Inc [Member] | Series A Preferred Stock [Member]
Cash Flows from Financing Activities [Abstract]
Preferred stock dividends	(210)
Severn Bancorp, Inc [Member] | Series B Preferred Stock [Member]
Cash Flows from Financing Activities [Abstract]
Preferred stock dividends	$ (7,630)