Finward Bancorp (FNWD) 10-Q 28 Apr 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 27, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	NORTHWEST INDIANA BANCORP
Entity Central Index Key	919,864
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	NWIN
Entity Common Stock, Shares Outstanding		2,856,657

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and non-interest bearing deposits in other financial institutions	$ 8,199	$ 9,915
Interest bearing deposits in other financial institutions	511	773
Federal funds sold	1,215	845
Total cash and cash equivalents	9,925	11,533
Securities available-for-sale	239,895	233,350
Loans held-for-sale	1,505	2,435
Loans receivable	571,205	571,898
Less: allowance for loan losses	(7,208)	(6,953)
Net loans receivable	563,997	564,945
Federal Home Loan Bank stock	3,000	3,000
Accrued interest receivable	2,853	3,000
Premises and equipment	18,974	18,942
Foreclosed real estate	1,424	1,590
Cash value of bank owned life insurance	18,542	18,426
Goodwill	2,561	2,561
Other assets	4,682	5,111
Total assets	867,358	864,893
Deposits:
Non-interest bearing	102,078	100,031
Interest bearing	616,618	614,844
Total	718,696	714,875
Repurchase agreements	16,825	18,508
Borrowed funds	33,927	39,493
Accrued expenses and other liabilities	14,108	11,108
Total liabilities	783,556	783,984
Stockholders' Equity:
Preferred stock, no par or stated value;10,000,000 shares authorized, none outstanding	0	0
Common stock, no par or stated value; 10,000,000 shares authorized; shares issued: March 31, 2016 - 2,912,695 December 31, 2015 - 2,907,455 shares outstanding: March 31, 2016 - 2,856,657 December 31, 2015 - 2,851,417	0	0
Additional paid-in capital	4,549	4,519
Accumulated other comprehensive income	2,796	1,406
Retained earnings	76,457	74,984
Total stockholders' equity	83,802	80,909
Total liabilities and stockholders' equity	$ 867,358	$ 864,893

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares	Mar. 31, 2016	Dec. 31, 2015
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,912,695	2,907,455
Common stock, shares outstanding	2,856,657	2,851,417

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Loans receivable
Real estate loans	$ 5,676	$ 4,521
Commercial loans	882	814
Consumer loans	6	4
Total loan interest	6,564	5,339
Securities	1,545	1,514
Other interest earning assets	6	9
Total interest income	8,115	6,862
Interest expense:
Deposits	429	334
Repurchase agreements	24	16
Borrowed funds	127	115
Total interest expense	580	465
Net interest income	7,535	6,397
Provision for loan losses	296	287
Net interest income after provision for loan losses	7,239	6,110
Noninterest income:
Fees and service charges	663	632
Wealth management operations	423	429
Gain on sale of securities, net	253	393
Gain on sale of loans held-for-sale, net	250	380
Increase in cash value of bank owned life insurance	116	104
Gain on sale of foreclosed real estate, net	32	1
Other	1	11
Total noninterest income	1,738	1,950
Noninterest expense:
Compensation and benefits	3,562	3,173
Occupancy and equipment	904	901
Data processing	325	315
Federal deposit insurance premiums	137	134
Marketing	114	113
Other	1,063	996
Total noninterest expense	6,105	5,632
Income before income tax expenses	2,872	2,428
Income tax expenses	628	501
Net income	$ 2,244	$ 1,927
Earnings per common share:
Basic	$ 0.79	$ 0.68
Diluted	0.79	0.68
Dividends declared per common share	$ 0.27	$ 0.25

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 2,244	$ 1,927
Net change in net unrealized gains and losses on securities available-for-sale:
Unrealized gains arising during the period	2,359	1,164
Less: reclassification adjustment for gains included in net income	(253)	(393)
Net securities gain during the period	2,106	771
Tax effect	(715)	(258)
Net of tax amount	1,391	513
Net change in unrealized gain on postretirement benefit:
Amortization of net actuarial gain	(1)	(1)
Net loss during the period	(1)	(1)
Net of tax amount	(1)	(1)
Other comprehensive income, net of tax	1,390	512
Comprehensive income, net of tax	$ 3,634	$ 2,439

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity $ in Thousands	USD ($)
Balance at beginning of period at Dec. 31, 2014	$ 76,165
Comprehensive income:
Net income	1,927
Net unrealized gains on securities available-for-sale, net of reclassifications and tax effects	513
Amortization of unrecognized gain on postretirement benefit	(1)
Comprehensive income, net of tax	2,439
Stock based compensation expense	21
Cash dividends	(713)
Balance at end of period at Mar. 31, 2015	77,912
Balance at beginning of period at Dec. 31, 2015	80,909
Comprehensive income:
Net income	2,244
Net unrealized gains on securities available-for-sale, net of reclassifications and tax effects	1,391
Amortization of unrecognized gain on postretirement benefit	(1)
Comprehensive income, net of tax	3,634
Stock based compensation expense	30
Cash dividends	(771)
Balance at end of period at Mar. 31, 2016	$ 83,802

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,244	$ 1,927
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:
Origination of loans for sale	(8,995)	(16,451)
Sale of loans originated for sale	10,173	15,450
Depreciation and amortization, net of accretion	598	521
Amortization of mortgage servicing rights	15	19
Stock based compensation expense	30	21
Gain on sale of securities, net	(253)	(393)
Gain on sale of loans held-for-sale, net	(250)	(380)
Gain on sale of foreclosed real estate, net	(32)	(1)
Provision for loan losses	296	287
Net change in:
Interest receivable	147	98
Other assets	(299)	(517)
Accrued expenses and other liabilities	3,000	6,411
Total adjustments	4,430	5,065
Net cash - operating activities	6,674	6,992
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities and pay downs of securities available-for-sale	13,370	8,536
Proceeds from sales of securities available-for-sale	8,247	12,864
Purchase of securities available-for-sale	(26,047)	(31,184)
Net change in loans receivable	641	(2,537)
Purchase of premises and equipment, net	(387)	(62)
Proceeds from sale of foreclosed real estate, net	209	16
Change in cash value of bank owned life insurance	(116)	(104)
Net cash - investing activities	(4,083)	(12,471)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits	3,821	15,424
Proceeds from FHLB advances	1,000	0
Repayment of FHLB advances	(15,000)	(4,000)
Change in other borrowed funds	6,751	(768)
Dividends paid	(771)	(713)
Net cash - financing activities	(4,199)	9,943
Net change in cash and cash equivalents	(1,608)	4,464
Cash and cash equivalents at beginning of period	11,533	21,963
Cash and cash equivalents at end of period	9,925	26,427
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	581	463
Income taxes	235	17
Noncash activities:
Transfers from loans to foreclosed real estate	$ 10	$ 96

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting [Text Block]	Note 1 - Basis of Presentation The consolidated financial statements include the accounts of NorthWest Indiana Bancorp (the “Bancorp”), its wholly-owned subsidiary, Peoples Bank SB (the “Bank”), and the Bank’s wholly-owned subsidiaries, Peoples Service Corporation, NWIN, LLC, NWIN Funding, Incorporated, and Columbia Development Company, LLC. The Bancorp has no other business activity other than being a holding company for the Bank. The Bancorp’s earnings are dependent upon the earnings of the Bank. The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures required by U.S. generally accepted accounting principles for complete presentation of consolidated financial statements. In the opinion of management, the consolidated financial statements contain all adjustments necessary to present fairly the consolidated balance sheets of the Bancorp as of March 31, 2016 and December 31, 2015, and the consolidated statements of income, comprehensive income, and changes in stockholders’ equity for the three months ended March 31, 2016 and 2015 and consolidated statements of cash flows for the three months ended March 31, 2016 and 2015. The income reported for the three month period ended March 31, 2016 is not necessarily indicative of the results to be expected for the full year.

Use of Estimates

Use of Estimates	3 Months Ended
	Mar. 31, 2016
Use of Estimates [Abstract]
Use of Estimates [Text Block]	Note 2 - Use of Estimates Preparing financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period, as well as the disclosures provided. Actual results could differ from those estimates. Estimates associated with the allowance for loan losses, fair values of foreclosed real estate, loan servicing rights, investment securities, deferred tax assets, goodwill, accrued withdrawal liability for the defined benefit plan, and the status of contingencies are particularly susceptible to material change in the near term.

Acquisition Activity

Acquisition Activity	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Note 3 – Acquisition Activity On March 20, 2015, the Bancorp announced that the Bank signed a definitive agreement to acquire Liberty Savings Bank, FSB (“Liberty”), a federally chartered mutual savings association based in Whiting, Indiana, with three branch offices in Lake County Indiana. On July 1, 2015, the Bank successfully completed the acquisition of Liberty by merging Liberty with and into the Bank immediately following Liberty’s voluntary supervisory conversion to stock form. The Bank did not issue or pay any shares, cash, or other consideration in the merger. The Liberty acquisition added assets with fair values of $57.3 million, including securities with a fair market value of $8.1 million, loans receivable with a fair market value of $28.0 million, and premises and equipment with a fair value of $1.3 million. The Liberty acquisition also added liabilities with a fair market value of $57.9 million, including deposits with a fair market value of $56.2 million and an accrued withdrawal liability for the defined benefit plan with a fair market value of $1.5 million. As a result of the differences in the fair value of assets and liabilities, goodwill of $573 thousand and intangible assets of $471 thousand were also added. The acquisition further expands the Bank’s retail banking network in Lake and Porter Counties in Northwest Indiana. The Bank consolidated the Schererville offices of Liberty and Peoples Bank due to their proximity, resulting in a total of 16 Banking Centers for the Bank. The integration of Liberty into the Peoples Bank brand was completed during the third quarter ended September 30, 2015.

Securities

Securities	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 4 - Securities (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value March 31, 2016 Money market fund $ 763 $ - $ - $ 763 U.S. government sponsored entities 22,496 35 (2) 22,529 Collateralized mortgage obligations and residential mortgage-backed securities 114,126 2,252 (88) 116,290 Municipal securities 93,232 4,784 (19) 97,997 Collateralized debt obligations 5,073 - (2,757) 2,316 Total securities available-for-sale $ 235,690 $ 7,071 $ (2,866) $ 239,895 (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value December 31, 2015 Money market fund $ 525 $ - $ - $ 525 U.S. government sponsored entities 17,496 1 (66) 17,431 Collateralized mortgage obligations and residential mortgage-backed securities 118,628 1,021 (476) 119,173 Municipal securities 89,506 3,986 (5) 93,487 Collateralized debt obligations 5,096 - (2,362) 2,734 Total securities available-for-sale $ 231,251 $ 5,008 $ (2,909) $ 233,350 (Dollars in thousands) Available-for-sale Estimated Fair Tax-Equivalent March 31, 2016 Value Yield (%) Due in one year or less $ 1,138 6.84 Due from one to five years 22,106 2.59 Due from five to ten years 24,822 4.99 Due over ten years 75,539 4.52 Collateralized mortgage obligations and residential mortgage-backed securities 116,290 2.47 Total $ 239,895 3.41 (Dollars in thousands) March 31, March 31, 2016 2015 Proceeds $ 8,247 $ 12,864 Gross gains 253 393 Gross losses - - (Dollars in thousands) Unrealized Ending balance, December 31, 2015 $ 1,378 Current period change 1,391 Ending balance, March 31, 2016 $ 2,769 Securities with carrying values of approximately $29.8 million and $31.1 million were pledged as of March 31, 2016 and December 31, 2015, respectively, as collateral for repurchase agreements, public funds, and for other purposes as permitted or required by law. (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses March 31, 2016 U.S. government sponsored entities $ 1,998 $ (2) $ - $ - $ 1,998 $ (2) Collateralized mortgage obligations and residential mortgage-backed securities - - 6,791 (88) 6,791 (88) Municipal securities 2,062 (19) - - 2,062 (19) Collateralized debt obligations - - 2,316 (2,757) 2,316 (2,757) Total temporarily impaired $ 4,060 $ (21) $ 9,107 $ (2,845) $ 13,167 $ (2,866) Number of securities 6 10 16 (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses December 31, 2015 U.S. government sponsored entities $ 9,429 $ (66) $ - $ - $ 9,429 $ (66) Collateralized mortgage obligations and residential mortgage-backed securities 39,386 (232) 8,045 (244) 47,431 (476) Municipal securities 1,512 (5) - - 1,512 (5) Collateralized debt obligations - - 2,734 (2,362) 2,734 (2,362) Total temporarily impaired $ 50,327 $ (303) $ 10,779 $ (2,606) $ 61,106 $ (2,909) Number of securities 37 11 48 Unrealized losses on securities have not been recognized into income because the securities are of high credit quality or have undisrupted cash flows. Management has the intent and ability to hold those securities for the foreseeable future, and the decline in fair value is largely due to changes in interest rates and volatility in securities markets. The fair values are expected to recover as the securities approach maturity.

Loans Receivable

Loans Receivable	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5 - Loans Receivable Loans receivable are summarized below: (Dollars in thousands) March 31, 2016 December 31, 2015 Loans secured by real estate: Residential, including home equity $ 211,900 $ 213,951 Commercial real estate, construction & land development, and other dwellings 267,518 259,478 Commercial participations purchased 302 310 Total loans secured by real estate 479,720 473,739 Consumer 651 535 Commercial business 62,178 68,813 Government 29,968 29,062 Subtotal 572,517 572,149 Less: Net deferred loan origination fees (158 ) (174 ) Undisbursed loan funds (1,154 ) (77 ) Loan receivables $ 571,205 $ 571,898 (Dollars in thousands) Residential Real Estate, Including Home Equity Consumer Commercial Real Estate, Construction & Land Development, and Other Dwellings Commercial Participations Purchased Commercial Business Government Total The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended March 31, 2016: Allowance for loan losses: Beginning Balance $ 1,711 $ 38 $ 4,422 $ 14 $ 698 $ 70 $ 6,953 Charge-offs (49 ) (4 ) - - - - (53 ) Recoveries 1 3 - - 8 - 12 Provisions 68 7 179 (1 ) 41 2 296 Ending Balance $ 1,731 $ 44 $ 4,601 $ 13 $ 747 $ 72 $ 7,208 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended March 31, 2015: Allowance for loan losses: Beginning Balance $ 1,878 $ 17 $ 3,645 $ 13 $ 733 $ 75 $ 6,361 Charge-offs (28 ) (5 ) (54 ) - - - (87 ) Recoveries 22 - 1 - 2 - 25 Provisions 93 9 102 (3 ) 80 6 287 Ending Balance $ 1,965 $ 21 $ 3,694 $ 10 $ 815 $ 81 $ 6,586 (Dollars in thousands) Residential Real Estate, Including Home Equity Consumer Commercial Real Estate, Construction & Land Development, and Other Dwellings Commercial Participations Purchased Commercial Business Government Total The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at March 31, 2016: Ending balance: individually evaluated for impairment $ 143 $ - $ 9 $ 13 $ 187 $ - $ 352 Ending balance: collectively evaluated for impairment $ 1,588 $ 44 $ 4,592 $ - $ 560 $ 72 $ 6,856 LOAN RECEIVABLES Ending balance $ 211,711 $ 651 $ 267,519 $ 302 $ 61,054 $ 29,968 $ 571,205 Ending balance: individually evaluated for impairment $ 2,036 $ - $ 151 $ 91 $ 321 $ - $ 2,599 Ending balance: purchased credit impaired individually evaluated for impairment $ 1,589 $ - $ - $ - $ - $ - $ 1,589 Ending balance: collectively evaluated for impairment $ 208,086 $ 651 $ 267,368 $ 211 $ 60,733 $ 29,968 $ 567,017 The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2015: Ending balance: individually evaluated for impairment $ 149 $ - $ 171 $ 14 $ 22 $ - $ 356 Ending balance: collectively evaluated for impairment $ 1,562 $ 38 $ 4,251 $ - $ 676 $ 70 $ 6,597 LOAN RECEIVABLES Ending balance $ 213,755 $ 535 $ 259,479 $ 310 $ 68,757 $ 29,062 $ 571,898 Ending balance: individually evaluated for impairment $ 227 $ - $ 5,298 $ 92 $ 96 $ - $ 5,713 Ending balance: purchased credit impaired individually evaluated for impairment $ 1,691 $ - $ - $ - $ - $ - $ 1,691 Ending balance: collectively evaluated for impairment $ 211,837 $ 535 $ 254,181 $ 218 $ 68,661 $ 29,062 $ 564,494 The Bancorp's credit quality indicators are summarized below at March 31, 2016 and December 31, 2015: (Dollars in thousands) Corporate Credit Exposure - Credit Risk Portfolio By Creditworthiness Category Commercial Real Estate, Construction & Commercial Participations Purchased Commercial Business Government Loan Grades 2016 2015 2016 2015 2016 2015 2016 2015 2 Moderate risk $ 264 $ 270 $ - $ - $ 5,870 $ 6,526 $ - $ - 3 Above average acceptable risk 5,618 7,136 - - 3,614 4,313 1,000 - 4 Acceptable risk 129,182 129,353 193 199 26,867 31,735 28,968 29,062 5 Marginally acceptable risk 84,285 74,342 - - 11,743 12,225 - - 6 Pass/monitor 42,214 38,337 18 19 10,524 11,774 - - 7 Special mention (watch) 5,770 4,707 - - 1,534 601 - - 8 Substandard 186 5,334 91 92 902 1,583 - - 9 Doubtful - - - - - - - - Total $ 267,519 $ 259,479 $ 302 $ 310 $ 61,054 $ 68,757 $ 29,968 $ 29,062 (Dollars in thousands) Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity Residential Real Estate, Including Home Consumer 2016 2015 2016 2015 Performing $ 207,347 $ 209,583 $ 651 $ 535 Non-performing 4,364 4,172 - - Total $ 211,711 $ 213,755 $ 651 $ 535 The Bancorp has established a standard loan grading system to assist management, lenders and review personnel in their analysis and supervision of the loan portfolio. The use and application of theses grades by the Bancorp is uniform and conforms to regulatory definitions. The loan grading system is as follows: 2 – Moderate risk Borrower consistently internally generates sufficient cash flow to fund debt service, working assets, and some capital expenditures. Risk of default considered low. 3 – Above average acceptable risk Borrower generates sufficient cash flow to fund debt service and some working assets and/or capital expansion needs. Profitability and key balance sheet ratios are at or slightly above peers. Current trends are positive or stable. Earnings may be level or trending down slightly or be erratic; however, positive strengths are offsetting. Risk of default is reasonable but may warrant collateral protection. 4 – Acceptable risk Borrower generates sufficient cash flow to fund debt service, but most working asset and all capital expansion needs are provided from external sources. Profitability ratios and key balance sheet ratios are usually close to peers but one or more ratios (e.g. leverage) may be higher than peer. Earnings may be trending down over the last three years. Borrower may be able to obtain similar financing from other banks with comparable or less favorable terms. Risk of default is acceptable but requires collateral protection. 5 – Marginally acceptable risk Borrower may exhibit excessive growth, declining earnings, strained cash flow, increasing leverage and/or weakening market position that indicate above average risk. Limited additional debt capacity, modest coverage, and average or below average asset quality, margins and market share. Interim losses and/or adverse trends may occur, but not to the level that would affect the Bank’s position. The potential for default is higher than normal but considered marginally acceptable based on prospects for improving financial performance and the strength of the collateral. 6 – Pass/monitor The borrower has significant weaknesses resulting from performance trends or management concerns. The financial condition of the company has taken a negative turn and may be temporarily strained. Cash flow may be weak but cash reserves remain adequate to meet debt service. Management weaknesses are evident. Borrowers in this category will warrant more than the normal level of supervision and more frequent reporting. 7 – Special mention (watch) Special mention credits are considered bankable assets with no apparent loss of principal or interest envisioned but requiring a high level of management attention. Assets in this category are currently protected but are potentially weak. These borrowers are subject to economic, industry, or management factors having an adverse impact upon their prospects for orderly service of debt. The perceived risk in continued lending is considered to have increased beyond the level where such loans would normally be granted. These assets constitute an undue and unwarranted credit risk, but not to the point of justifying a classification of Substandard. 8 – Substandard This classification consists of loans which are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged. Financial statements normally reveal some or all of the following: poor trends, lack of earnings and cash flow, excessive debt, lack of liquidity, and the absence of creditor protection. Loans are still considered collectible, but due to increased risks and defined weaknesses of the credit, some loss could be incurred in collection if the deficiencies are not corrected. 9 – Doubtful This classification consists of loans where the possibility of loss is high after collateral liquidation based upon existing facts, market conditions, and value. Loss is deferred until certain important and reasonably specific pending factors which may strengthen the credit can be exactly determined. These factors may include proposed acquisitions, liquidation procedures, capital injection and receipt of additional collateral, mergers or refinancing plans. Performing loans are loans that are paying as agreed and are approximately less than ninety days past due on payments of interest and principal. No loans were modified in a troubled debt restructuring, nor have any previous troubled debt restructurings subsequently defaulted, during the three months ended March 31, 2016 or 2015. The Bancorp's individually evaluated impaired loans are summarized below: As of March 31, 2016 For the three months ended (Dollars in thousands) Recorded Unpaid Principal Related Average Interest With no related allowance recorded: Residential real estate, including home equity $ 3,454 $ 5,720 $ - $ 2,610 $ 48 Commercial real estate, construction & land development, and other dwellings 133 133 - 2,604 - Commercial participations purchased - - - - - Commercial business 93 93 - 83 1 With an allowance recorded: Residential real estate, including home equity 171 171 143 174 - Commercial real estate, construction & land development, and other dwellings 18 18 9 120 - Commercial participations purchased 91 91 13 92 1 Commercial business 228 228 187 125 - Total: Residential real estate, including home equity $ 3,625 $ 5,891 $ 143 $ 2,784 $ 48 Commercial real estate, construction & land development, and other dwellings $ 151 $ 151 $ 9 $ 2,724 $ - Commercial participations purchased $ 91 $ 91 $ 13 $ 92 $ 1 Commercial business $ 321 $ 321 $ 187 $ 208 $ 1 As of December 31, 2015 For the three months ended (Dollars in thousands) Recorded Unpaid Principal Related Average Interest With no related allowance recorded: Residential real estate, including home equity $ 1,741 $ 4,737 $ - $ 711 $ 8 Commercial real estate, construction & land development, and other dwellings 5,075 5,075 - 70 - Commercial participations purchased - - - - - Commercial business 74 74 - - - With an allowance recorded: Residential real estate, including home equity 177 177 149 559 - Commercial real estate, construction & land development, and other dwellings 223 223 171 5,114 47 Commercial participations purchased 92 92 14 102 2 Commercial business 22 22 22 321 1 Total: Residential real estate, including home equity $ 1,918 $ 4,914 $ 149 $ 1,270 $ 8 Commercial real estate, construction & land development, and other dwellings $ 5,298 $ 5,298 $ 171 $ 5,184 $ 47 Commercial participations purchased $ 92 $ 92 $ 14 $ 102 $ 2 Commercial business $ 96 $ 96 $ 22 $ 321 $ 1 As part of the previously disclosed acquisitions of First Federal Savings and Loan Association of Hammond (“First Federal”), which closed during the second quarter of 2014, and Liberty, which closed during the third quarter of 2015, the Bancorp acquired loans for which there was evidence of credit quality deterioration since origination and it was determined that it was probable that the Bancorp would be unable to collect all contractually required principal and interest payments. At March 31, 2016, total purchased credit impaired loans with unpaid principal balances totaled $3.9 million with a recorded investment of $1.6 million. First Federal purchased credit impaired loans with unpaid principal balances totaled $1.8 million with a recorded investment of $814 thousand. Liberty purchased credit impaired loans with unpaid principal balances totaled $2.1 million with a recorded investment of $775 thousand. The Bancorp’s age analysis of past due loans is summarized below: (Dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Than 90 Total Past Due Current Total Loans Recorded March 31, 2016 Residential real estate, including home equity $ 5,122 $ 1,907 $ 3,781 $ 10,810 $ 200,901 $ 211,711 $ 530 Consumer - - - - 651 651 - Commercial real estate, construction & land development, and other dwellings 1,315 357 186 1,858 265,661 267,519 - Commercial participations purchased - - 91 91 211 302 - Commercial business 555 471 226 1,252 59,802 61,054 - Government - - - - 29,968 29,968 - Total $ 6,992 $ 2,735 $ 4,284 $ 14,011 $ 557,194 $ 571,205 $ 530 December 31, 2015 Residential real estate, including home equity $ 5,559 $ 2,430 $ 3,055 $ 11,044 $ 202,711 $ 213,755 $ 377 Consumer - - - - 535 535 - Commercial real estate, construction & land development, and other dwellings - 211 710 921 258,558 259,479 - Commercial participations purchased - - 92 92 218 310 - Commercial business 67 177 22 266 68,491 68,757 - Government - - - - 29,062 29,062 - Total $ 5,626 $ 2,818 $ 3,879 $ 12,323 $ 559,575 $ 571,898 $ 377 The Bancorp's loans on nonaccrual status are summarized below: (Dollars in thousands) March 31, December 31, Residential real estate, including home equity $ 4,364 $ 4,172 Consumer - - Commercial real estate, construction & land development, and other dwellings 186 915 Commercial participations purchased 91 92 Commercial business 249 22 Government - - Total $ 4,890 $ 5,201

Foreclosed Real Estate

Foreclosed Real Estate	3 Months Ended
	Mar. 31, 2016
Other Real Estate and Foreclosed Assets [Abstract]
Real Estate Disclosure [Text Block]	Note 6 - Foreclosed Real Estate (Dollars in thousands) March 31, December 31, 2016 2015 Residential real estate, including home equity $ 409 $ 496 Commercial real estate, construction & land development and other dwellings 1,015 1,014 Commercial business - 80 Total $ 1,424 $ 1,590

Goodwill, Other Intangible Asse

Goodwill, Other Intangible Assets, and Acquisition Related Accounting	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7 – Goodwill, Other Intangible Assets, and Acquisition Related Accounting The Bancorp established a goodwill balance totaling $2.6 million with the acquisition of First Federal and Liberty Savings. Goodwill of $2.0 million was established with the acquisition of First Federal and goodwill of $573 thousand was established with the acquisition of Liberty Savings. Goodwill is tested annually for impairment. Goodwill arising from business combinations represents the value attributable to unidentifiable intangible assets in the business acquired. The Bancorp’s goodwill relates to the value inherent in the banking industry and that value is dependent upon the ability of the Bancorp to provide quality, cost effective banking services in a competitive marketplace. If the implied fair value of goodwill is lower than its carrying amount, goodwill impairment is indicated and goodwill is written down to its implied fair value. There has not been any impairment of goodwill identified or recorded. During the first quarter of 2015, estimates of fair values related to a pool of loans with a single borrower were determined to be lower than originally estimated. This change, net of related estimated adjustments, led to the addition of $377 thousand to goodwill and $423 thousand to purchased credit impaired loan balances during the period ended March 31, 2015. Goodwill totaled $2.6 million at March 31, 2016 and December 31, 2015. In addition to goodwill, a core deposit intangible of $93 thousand for the acquisition of First Federal was established and is being amortized over 7.9 years on a straight line basis. Approximately $3 thousand of amortization was taken during the three months ended March 31, 2016, compared to $3 thousand of amortization for the three months ended March 31, 2015. It is estimated that $9 thousand of additional amortization will occur during 2016 and the remaining amount of $60 thousand will be equally amortized through to the first quarter of 2022. A core deposit intangible of $471 thousand for the acquisition of Liberty Savings was established and is being amortized over 8.2 years on a straight line basis. Approximately $14 thousand of amortization was taken during the three months ended March 31, 2016, with no amortization occurring during the three months ended March 31, 2015. It is estimated that $44 thousand of additional amortization will occur during 2016 and the remaining amount of $385 thousand will be equally amortized through to the third quarter of 2023. For the First Federal acquisition, as part of the fair value of loans receivable, a net fair value discount was established for residential real estate, including home equity lines of credit, of $1.1 million that is being accreted over 55 months on a straight line basis. Approximately $47 thousand of accretion was taken into income for the three months ended March 31, 2016, compared to $70 thousand for the three months ended March 31, 2015. It is estimated that $142 thousand of additional accretion will occur in 2016, with estimated accretion of $189 thousand occurring in 2017, and $158 thousand occurring in 2018. Similarly, for the Liberty Savings acquisition, as part of the fair value of loans receivable, a net fair value discount was established for residential real estate, including home equity lines of credit, of $1.2 million that is being accreted over 44 months on a straight line basis. Approximately $76 thousand of accretion was taken into income for the three months ended March 31, 2016, and it is estimated that $318 thousand of accretion will occur annually through to 2018, and accretion of $53 thousand will occur during 2019. For the First Federal acquisition, as part of the fair value of certificates of deposit, a fair value premium was established of $276 thousand that is being amortized over 17 months on a straight line basis. No amortization was taken as expense during the three months ended March 31, 2016, compared to $50 thousand of amortization expense during the three months ended March 31, 2015, as the amortization period ended during 2015. For the Liberty Savings acquisition, as part of the fair value of certificates of deposit, a fair value premium was established of $124 thousand that is being amortized over 17 months on a straight line basis. Approximately $22 thousand of amortization was taken as expense during the three months ended March 31, 2016. It is estimated that an additional $58 thousand of amortization will occur during 2016.

Concentrations of Credit Risk

Concentrations of Credit Risk	3 Months Ended
	Mar. 31, 2016
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	Note 8 - Concentrations of Credit Risk The primary lending area of the Bancorp encompasses all of Lake County in northwest Indiana, where a majority of loan activity is concentrated. The Bancorp is also an active lender in Porter County, and to a lesser extent, LaPorte, Newton and Jasper counties in Indiana, and Lake, Cook and Will counties in Illinois. Substantially all loans are secured by specific items of collateral including residences, commercial real estate, land development, business assets and consumer assets.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 9 - Earnings per Share Three Months Ended (Dollars in thousands, except per share data) March 31, 2016 2015 Basic earnings per common share: Net income as reported $ 2,244 $ 1,927 Weighted average common shares outstanding 2,854,872 2,848,920 Basic earnings per common share $ 0.79 $ 0.68 Diluted earnings per common share: Net income as reported $ 2,244 $ 1,927 Weighted average common shares outstanding 2,854,872 2,848,920 Add: Dilutive effect of assumed stock option exercises 750 - Weighted average common and dilutive potential common shares outstanding 2,855,622 2,848,920 Diluted earnings per common share $ 0.79 $ 0.68

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 10 - Stock Based Compensation The Bancorp’s 2015 Stock Option and Incentive Plan (the Plan), which was adopted by the Bancorp’s Board of Directors on February 27, 2015 and approved by the Bancorp’s shareholders on April 24, 2015, permits the grant of equity awards for up to 250,000 shares of common stock. Awards granted under the Plan may be in the form of incentive stock options, non-qualified stock options, restricted stock, unrestricted stock, performance shares, or performance units. As required by the Stock Compensation Topic, companies are required to record compensation cost for stock options and awards provided to employees in return for employment service. For the three months ended March 31, 2016, stock based compensation expense of $30 thousand was recorded, compared to $21 thousand for the three months ended March 31, 2015. It is anticipated that current outstanding unvested options and awards will result in additional compensation expense of approximately $98 thousand in 2016 and $131 thousand in 2017. There were no incentive stock options granted during the first three months of 2016 or 2015. When options are granted, the cost is measured at the fair value of the options when granted, and this cost is expensed over the employment service period, which is normally the vesting period of the options or awards. A summary of incentive option activity under the Bancorp’s stock option and incentive plans described above for the three months ended March 31, 2016 follows: Weighted- Weighted- Average Average Remaining Aggregate Exercise Contractual Intrinsic Incentive options Shares Price Term Value Outstanding at January 1, 2016 750 $ 28.50 Granted - - Exercised - - Forfeited - - Expired - $ - Outstanding at March 31, 2016 750 $ 28.50 1.9 - Exercisable at March 31, 2016 750 $ 28.50 1.9 - There were 5,240 shares of restricted stock granted during the first three months of 2016 compared to 7,250 shares granted during the first three months of 2015. Restricted stock awards are issued with an award price equal to the market price of the Bancorp’s common stock on the award date and vests five years after the grant date. Forfeiture provisions exist for personnel that separate employment before the vesting period expires. A summary of restricted stock activity under the Bancorp’s incentive stock option and incentive plans described above for the three months ended March 31, 2016 follows: Weighted- Average Grant Date Restricted stock Shares Fair Value Nonvested at January 1, 2016 19,725 $ 25.15 Granted 5,240 30.50 Vested - - Forfeited - - Nonvested at March 31, 2016 24,965 $ 26.28

Adoption of New Accounting Stan

Adoption of New Accounting Standards	3 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	Note 11 - Adoption of New Accounting Standards Update Number 2014-09 – Revenue from Contracts with Customers (Topic 606). Revenue from Contracts with Customers (Topic 606) . Update Number 2016-01 – Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. Update Number 2016-02 – Leases (Topic 842) Update Number 2016-09 – Compensation- Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 12 - Fair Value The Fair Value Measurements Topic establishes a hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The Topic describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The fair values of securities available-for-sale are determined on a recurring basis by obtaining quoted prices on nationally recognized securities exchanges or pricing models utilizing significant observable inputs such as matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities. Different judgments and assumptions used in pricing could result in different estimates of value. In certain cases where market data is not readily available because of a lack of market activity or little public disclosure, values may be based on unobservable inputs and classified in Level 3 of the fair value hierarchy. At the end of each reporting period, securities held in the investment portfolio are evaluated on an individual security level for other-than-temporary impairment in accordance with the Investments – Debt and Equity Securities Topic. Impairment is other-than-temporary if the decline in the fair value is below its amortized cost and it is probable that all amounts due according to the contractual terms of a debt security will not be received. Significant judgments are required in determining impairment, which include making assumptions regarding the estimated prepayments, loss assumptions and the change in interest rates. The Bancorp considers the following factors when determining an other-than-temporary impairment for a security: the length of time and the extent to which the market value has been less than amortized cost; the financial condition and near-term prospects of the issuer; the underlying fundamentals of the relevant market and the outlook for such market for the near future; an assessment of whether the Bancorp (1) has the intent to sell the debt securities or (2) more likely than not will be required to sell the debt securities before their anticipated market recovery. If either of these conditions is met, management will recognize other-than-temporary impairment. If, in management’s judgment, an other-than-temporary impairment exists, the cost basis of the security will be written down for the credit loss, and the unrealized loss will be transferred from accumulated other comprehensive loss as an immediate reduction of current earnings. The Bancorp’s management utilizes a specialist to perform an other-than-temporary impairment analysis for each of its four pooled trust preferred securities. The analysis is performed semiannually on June 30 and December 31 and utilizes analytical models used to project future cash flows for the pooled trust preferred securities based on current assumptions for prepayments, default and deferral rates, and recoveries. The projected cash flows are then tested for impairment consistent with the Investments – Other Topic and the Investments – Debt and Equity Securities Topic. The other-than-temporary impairment testing compares the present value of the cash flows from quarter to quarter to determine if there is a “favorable” or “adverse” change. Other-than-temporary impairment is recorded if the projected present value of cash flows is lower than the book value of the security. To perform the semi-annual other-than-temporary impairment analysis, management utilizes current reports issued by the trustee, which contain principal and interest tests, waterfall distributions, note valuations, collection detail and credit ratings for each pooled trust preferred security. In addition, a detailed review of the performing collateral was performed. The review of the collateral began with a review of financial information provided by SNL Financial, a comprehensive database, widely used in the industry, which gathers financial data on banks and thrifts from U.S. GAAP financial statements for public companies (annual and quarterly reports on Forms 10-K and 10-Q, respectively), as well as regulatory reports for private companies, including consolidated financial statements for bank holding companies (FR Y-9C reports) and parent company-only financial statements for bank holding companies (FR Y-9LP reports) filed with the Federal Reserve, and bank call reports filed with the FDIC and the Office of the Comptroller of Currency. Using the information sources described above, for each bank and thrift examined the following items were examined: nature of the issuer’s business, years of operating history, corporate structure, loan composition and loan concentrations, deposit mix, asset growth rates, geographic footprint and local economic environment. The issuers’ historical financial performance was reviewed and their financial ratios were compared to appropriate peer groups of regional banks or thrifts with similar asset sizes. The analysis focused on six broad categories: profitability (revenue streams and earnings quality, return on assets and shareholder’s equity, net interest margin and interest rate sensitivity), credit quality (charge-offs and recoveries, non-current loans and total non-performing assets as a percentage of total loans, loan loss reserve coverage and the adequacy of the loan loss provision), operating efficiency (non-interest expense compared to total revenue), capital adequacy (Tier-1, total capital and leverage ratios and equity capital growth), leverage (tangible equity as a percentage of tangible assets, short-term and long-term borrowings and double leverage at the holding company) and liquidity (the nature and availability of funding sources, net non-core funding dependence and quality of deposits). In addition, for publicly traded companies’ stock price movements were reviewed and the market price of publicly traded debt instruments was examined. The other-than-temporary impairment analysis indicated that the Bancorp’s four pooled trust preferred securities had no additional other-than-temporary impairment during the period ended December 31, 2015. Based on current market conditions and a review of the trustee reports, management performed an analysis of the four pooled trust preferred securities and no additional impairment was taken at March 31, 2016. A specialist will be used to review all four pooled trust preferred securities again at June 30, 2016. The table below shows the credit loss roll forward on a year-to-date basis for the Bancorp’s pooled trust preferred securities that have been classified with other-than-temporary impairment: (Dollars in thousands) Collateralized debt obligations other-than-temporary impairment Ending balance, December 31, 2015 $ 271 Additions not previously recognized - Ending balance, March 31, 2016 $ 271 The following table contains information regarding the Bancorp’s pooled trust preferred securities impairment evaluation as of December 31, 2015: Cusip 74043CAC1 74042TAJ0 01449TAB9 01450NAC6 Deal name PreTSL XXIV PreTSL XXVII Alesco IX Alesco XVII Class B-1 C-1 A-2A B Lowest credit rating assigned CC C BB CCC Number of performing banks 57 30 59 48 Number of performing insurance companies 13 7 10 n/a Number of issuers in default 19 8 2 4 Number of issuers in deferral 4 4 5 4 Defaults & deferrals as a % of performing collateral 36.46 % 27.32 % 7.23 % 16.96 % Subordination: As a % of performing collateral 9.51 % -3.69 % 46.16 % 25.85 % As a % of performing collateral – adjusted for projected future defaults 4.35 % -11.38 % 43.09 % 21.62 % Other-than-temporary impairment model assumptions: Defaults: Year 1 - issuer average 1.80 % 2.30 % 1.80 % 1.80 % Year 2 - issuer average 1.80 % 2.30 % 1.80 % 1.80 % Year 3 - issuer average 1.80 % 2.30 % 1.80 % 1.80 % > 3 Years - issuer average (1 ) (1 ) (1 ) (1 ) Discount rate - 3 month Libor, plus implicit yield spread at purchase 1.48 % 1.23 % 1.27 % 1.44 % Recovery assumptions (2 ) (2 ) (2 ) (2 ) Prepayments 0.00 % 0.00 % 0.00 % 0.00 % Other-than-temporary impairment $ 41 $ 132 $ 36 $ 62 (1) - Default rates > 3 years are evaluated on a issuer by issuer basis and range from 0.25% to 5.00%. (2) - Recovery assumptions are evaluated on a issuer by issuer basis and range from 0% to 15% with a five year lag. In the preceding table, the Bancorp’s subordination for each trust preferred security is calculated by taking the total performing collateral and subtracting the sum of the total collateral within the Bancorp’s class and the total collateral within all senior classes, and then stating this result as a percentage of the total performing collateral. This measure is an indicator of the level of collateral that can default before potential cash flow disruptions may occur. In addition, management calculates subordination assuming future collateral defaults by utilizing the default/deferral assumptions in the Bancorp’s other-than-temporary-impairment analysis. Subordination assuming future default/deferral assumptions is calculated by deducting future defaults from the current performing collateral. At December 31, 2015, management reviewed the subordination levels for each security in context of the level of current collateral defaults and deferrals within each security; the potential for additional defaults and deferrals within each security; the length of time that the security has been in “payment in kind” status; and the Bancorp’s class position within each security. Management calculated the other-than-temporary impairment model assumptions based on the specific collateral underlying each individual security. The following assumption methodology was applied consistently to each of the four pooled trust preferred securities: For collateral that has already defaulted, no recovery was assumed; no cash flows were assumed from collateral currently in deferral, with the exception of the recovery assumptions. The default and recovery assumptions were calculated based on a detailed collateral review. The discount rate assumption used in the calculation of the present value of cash flows is based on the discount margin (i.e., credit spread) at the time each security was purchased using the original purchase price. The discount margin is then added to the appropriate 3-month LIBOR forward rate obtained from the forward LIBOR curve. At March 31, 2016, three of the trust preferred securities with a cost basis of $3.8 million continue to be in “payment in kind” status. The Bancorp’s securities that are classified as “payment in kind” are a result of not receiving the scheduled quarterly interest payments. For the securities in “payment in kind” status, management anticipates to receive the unpaid contractual interest payments from the issuer, because of the self-correcting cash flow waterfall provisions within the structure of the securities. When a tranche senior to the Bancorp’s position fails the coverage test, the Bancorp’s interest cash flows are paid to the senior tranche and recorded as a reduction of principal. The coverage test represents an over collateralization target by stating the balance of the performing collateral as a percentage of the balance of the Bancorp’s tranche, plus the balance of all senior tranches. The principal reduction in the senior tranche continues until the appropriate coverage test is passed. As a result of the principal reduction in the senior tranche, more cash is available for future payments to the Bancorp’s tranche. Consistent with the Investments – Debt and Equity Securities Topic, management considered the failure of the issuer of the security to make scheduled interest payments in determining whether a credit loss existed. Management will not capitalize the “payment in kind” interest payments to the book value of the securities and will keep these securities in non-accrual status until the quarterly interest payments resume. Assets and Liabilities Measured on a Recurring Basis There were no transfers to or from Levels 1 and 2 during the three months ended March 31, 2016. Assets measured at fair value on a recurring basis are summarized below: (Dollars in thousands) Fair Value Measurements at March 31, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Available-for-sale debt securities: Money market fund $ 763 $ 763 $ - $ - U.S. government sponsored entities 22,529 - 22,529 - Collateralized mortgage obligations and residential mortgage-backed securities 116,290 - 116,290 - Municipal securities 97,997 - 97,997 - Collateralized debt obligations 2,316 - - 2,316 Total securities available-for-sale $ 239,895 $ 763 $ 236,816 $ 2,316 (Dollars in thousands) Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Available-for-sale debt securities: Money market fund $ 525 $ 525 $ - $ - U.S. government sponsored entities 17,431 - 17,431 - Collateralized mortgage obligations and residential mortgage-backed securities 119,173 - 119,173 - Municipal securities 93,487 - 93,487 - Collateralized debt obligations 2,734 - - 2,734 Total securities available-for-sale $ 233,350 $ 525 $ 230,091 $ 2,734 A roll forward of available-for-sale securities, which require significant adjustment based on unobservable data, are presented in the following table: (Dollars in thousands) Estimated Fair Value Available-for- Beginning balance, January 1, 2015 $ 2,432 Included in earnings - Total unrealized gains, included in other comprehensive income 302 Transfers in and/or (out) of Level 3 - Ending balance, December 31, 2015 $ 2,734 Beginning balance, January 1, 2016 $ 2,734 Included in earnings - Total unrealized losses, included in other comprehensive income (418 ) Transfers in and/or (out) of Level 3 - Ending balance, March 31, 2016 $ 2,316 Assets measured at fair value on a non-recurring basis are summarized below: (Dollars in thousands) Fair Value Measurements at March 31, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Impaired loans $ 3,836 $ - $ - $ 3,836 Foreclosed real estate 1,424 - - 1,424 (Dollars in thousands) Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Impaired loans $ 7,048 $ - $ - $ 7,048 Foreclosed real estate 1,590 - - 1,590 The fair value of impaired loans with specific allocations of the allowance for loan losses or loans for which charge-offs have been taken is generally based on a present value of cash flows or, for collateral dependent loans, based on recent real estate appraisals. Appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. The recorded investment in impaired loans was approximately $4.2 million and the related specific reserves totaled approximately $352 thousand, resulting in a fair value of impaired loans totaling approximately $3.8 million, at March 31, 2016. The recorded investment of impaired loans was approximately $7.4 million and the related specific reserves totaled approximately $356 thousand, resulting in a fair value of impaired loans totaling approximately $7.0 million, at December 31, 2015. Fair value is determined, where possible, using market prices derived from an appraisal or evaluation, which are considered to be Level 2 inputs. However, certain assumptions and unobservable inputs are often used by the appraiser, therefore, qualifying the assets as Level 3 in the fair value hierarchy. The fair value of foreclosed real estate is similarly determined by using the results of recent real estate appraisals. The numerical range of unobservable inputs for these valuation assumptions is not meaningful to this presentation. The following table shows carrying values and related estimated fair values of financial instruments as of the dates indicated. Estimated fair values are further categorized by the inputs used to measure fair value. Items that are not financial instruments are not included. March 31, 2016 Estimated Fair Value Measurements at March 31, 2016 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 9,925 $ 9,925 $ 9,925 $ - $ - Securities available-for-sale 239,895 239,895 763 236,816 2,316 Loans held-for-sale 1,505 1,538 1,538 - - Loans receivable, net 563,997 559,967 - - 559,967 Federal Home Loan Bank stock 3,000 3,000 - 3,000 - Accrued interest receivable 2,853 2,853 - 2,853 - Financial liabilities: Non-interest bearing deposits 102,078 102,078 102,078 - - Interest bearing deposits 616,618 616,416 420,719 195,697 - Repurchase agreements 16,825 16,822 12,658 4,164 - Borrowed funds 33,927 32,660 347 32,313 - Accrued interest payable 45 45 - 45 - December 31, 2015 Estimated Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 11,533 $ 11,533 $ 11,533 $ - $ - Securities available-for-sale 233,350 233,350 525 230,091 2,734 Loans held-for-sale 2,435 2,504 2,504 - - Loans receivable, net 564,945 561,122 - - 561,122 Federal Home Loan Bank stock 3,000 3,000 - 3,000 - Accrued interest receivable 3,000 3,000 - 3,000 - Financial liabilities: Non-interest bearing deposits 100,031 100,031 100,031 - - Interest bearing deposits 614,844 614,226 420,354 193,872 - Repurchase agreements 18,508 18,476 13,628 4,848 - Borrowed funds 39,493 39,504 393 39,111 - Accrued interest payable 45 45 - 45 - The following methods were used to estimate the fair value of financial instruments presented in the preceding table for the periods ended March 31, 2016 and December 31, 2015: Cash and cash equivalents carrying amounts approximate fair value. The fair values of securities available-for-sale are obtained from broker pricing (Level 2), with the exception of collateralized debt obligations, which are valued by a third-party specialist (Level 3). Loans held-for-sale comprise residential mortgages and are priced based on values established by the secondary mortgage markets (Level 1). The estimated fair value for net loans receivable is based on estimates of the rate the Bancorp would charge for similar such loans, applied for the time period until estimated repayment, in addition to appraisals which may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach (Level 3). Federal Home Loan Bank stock is estimated at book value due to restrictions that limit the sale or transfer of the security. Fair value of accrued interest receivable and payable approximates book value, as the carrying values are determined using the observable interest rate, balance, and last payment date. Non-interest and interest bearing deposits, which include checking, savings, and money market deposits, are estimated to have fair values based on the amount payable as of the reporting date (Level 1). The fair value of fixed-maturity certificates of deposit (included in interest bearing deposits) are based on estimates of the rate the Bancorp would pay on similar deposits, applied for the time period until maturity (Level 2). Estimated fair values for short-term repurchase agreements, which represent sweeps from demand deposits to accounts secured by pledged securities, are estimated based on the amount payable as of the reporting date (Level 1). Longer-term repurchase agreements, with contractual maturity dates of three months or more, are based on estimates of the rate the Bancorp would pay on similar deposits, applied for the time period until maturity (Level 2). Short-term borrowings are generally only held overnight, therefore, their carrying amount is a reasonable estimate of fair value (Level 1). The fair value of FHLB Advances (included in borrowed funds) are estimated by discounting the future cash flows using quoted rates from the FHLB for similar advances with similar maturities (Level 2). The estimated fair value of other financial instruments, and off-balance sheet loan commitments, approximate cost and are not considered significant to this presentation.

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	The estimated fair value of available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows: (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value March 31, 2016 Money market fund $ 763 $ - $ - $ 763 U.S. government sponsored entities 22,496 35 (2) 22,529 Collateralized mortgage obligations and residential mortgage-backed securities 114,126 2,252 (88) 116,290 Municipal securities 93,232 4,784 (19) 97,997 Collateralized debt obligations 5,073 - (2,757) 2,316 Total securities available-for-sale $ 235,690 $ 7,071 $ (2,866) $ 239,895 (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value December 31, 2015 Money market fund $ 525 $ - $ - $ 525 U.S. government sponsored entities 17,496 1 (66) 17,431 Collateralized mortgage obligations and residential mortgage-backed securities 118,628 1,021 (476) 119,173 Municipal securities 89,506 3,986 (5) 93,487 Collateralized debt obligations 5,096 - (2,362) 2,734 Total securities available-for-sale $ 231,251 $ 5,008 $ (2,909) $ 233,350
Schedule of Contractual Maturities of Available-for-sale Debt Securities [Table Text Block]	The estimated fair value of available-for-sale debt securities at March 31, 2016, by contractual maturity, were as follows. Securities not due at a single maturity date, primarily collateralized mortgage obligations and residential mortgage-backed securities, are shown separately. (Dollars in thousands) Available-for-sale Estimated Fair Tax-Equivalent March 31, 2016 Value Yield (%) Due in one year or less $ 1,138 6.84 Due from one to five years 22,106 2.59 Due from five to ten years 24,822 4.99 Due over ten years 75,539 4.52 Collateralized mortgage obligations and residential mortgage-backed securities 116,290 2.47 Total $ 239,895 3.41
Schedule of Realized Gain (Loss) [Table Text Block]	Sales of available-for-sale securities were as follows for the three months ended: (Dollars in thousands) March 31, March 31, 2016 2015 Proceeds $ 8,247 $ 12,864 Gross gains 253 393 Gross losses - -
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive income/(loss) balances, net of tax, related to available-for-sale securities, were as follows: (Dollars in thousands) Unrealized Ending balance, December 31, 2015 $ 1,378 Current period change 1,391 Ending balance, March 31, 2016 $ 2,769
Unrealized Gain (Loss) on Investments [Table Text Block]	Securities with gross unrealized losses at March 31, 2016 and December 31, 2015 not recognized in income are as follows: (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses March 31, 2016 U.S. government sponsored entities $ 1,998 $ (2) $ - $ - $ 1,998 $ (2) Collateralized mortgage obligations and residential mortgage-backed securities - - 6,791 (88) 6,791 (88) Municipal securities 2,062 (19) - - 2,062 (19) Collateralized debt obligations - - 2,316 (2,757) 2,316 (2,757) Total temporarily impaired $ 4,060 $ (21) $ 9,107 $ (2,845) $ 13,167 $ (2,866) Number of securities 6 10 16 (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses December 31, 2015 U.S. government sponsored entities $ 9,429 $ (66) $ - $ - $ 9,429 $ (66) Collateralized mortgage obligations and residential mortgage-backed securities 39,386 (232) 8,045 (244) 47,431 (476) Municipal securities 1,512 (5) - - 1,512 (5) Collateralized debt obligations - - 2,734 (2,362) 2,734 (2,362) Total temporarily impaired $ 50,327 $ (303) $ 10,779 $ (2,606) $ 61,106 $ (2,909) Number of securities 37 11 48

Loans Receivable (Tables)

Loans Receivable (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Loans receivable are summarized below: (Dollars in thousands) March 31, 2016 December 31, 2015 Loans secured by real estate: Residential, including home equity $ 211,900 $ 213,951 Commercial real estate, construction & land development, and other dwellings 267,518 259,478 Commercial participations purchased 302 310 Total loans secured by real estate 479,720 473,739 Consumer 651 535 Commercial business 62,178 68,813 Government 29,968 29,062 Subtotal 572,517 572,149 Less: Net deferred loan origination fees (158) (174) Undisbursed loan funds (1,154) (77) Loan receivables $ 571,205 $ 571,898
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(Dollars in thousands) Residential Real Consumer Commercial Real Commercial Commercial Government Total The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended March 31, 2016: Allowance for loan losses: Beginning Balance $ 1,711 $ 38 $ 4,422 $ 14 $ 698 $ 70 $ 6,953 Charge-offs (49) (4) - - - - (53) Recoveries 1 3 - - 8 - 12 Provisions 68 7 179 (1) 41 2 296 Ending Balance $ 1,731 $ 44 $ 4,601 $ 13 $ 747 $ 72 $ 7,208 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended March 31, 2015: Allowance for loan losses: Beginning Balance $ 1,878 $ 17 $ 3,645 $ 13 $ 733 $ 75 $ 6,361 Charge-offs (28) (5) (54) - - - (87) Recoveries 22 - 1 - 2 - 25 Provisions 93 9 102 (3) 80 6 287 Ending Balance $ 1,965 $ 21 $ 3,694 $ 10 $ 815 $ 81 $ 6,586 (Dollars in thousands) Residential Consumer Commercial Real Commercial Commercial Government Total The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at March 31, 2016: Ending balance: individually evaluated for impairment $ 143 $ - $ 9 $ 13 $ 187 $ - $ 352 Ending balance: collectively evaluated for impairment $ 1,588 $ 44 $ 4,592 $ - $ 560 $ 72 $ 6,856 LOAN RECEIVABLES Ending balance $ 211,711 $ 651 $ 267,519 $ 302 $ 61,054 $ 29,968 $ 571,205 Ending balance: individually evaluated for impairment $ 2,036 $ - $ 151 $ 91 $ 321 $ - $ 2,599 Ending balance: purchased credit impaired individually evaluated for impairment $ 1,589 $ - $ - $ - $ - $ - $ 1,589 Ending balance: collectively evaluated for impairment $ 208,086 $ 651 $ 267,368 $ 211 $ 60,733 $ 29,968 $ 567,017 The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2015: Ending balance: individually evaluated for impairment $ 149 $ - $ 171 $ 14 $ 22 $ - $ 356 Ending balance: collectively evaluated for impairment $ 1,562 $ 38 $ 4,251 $ - $ 676 $ 70 $ 6,597 LOAN RECEIVABLES Ending balance $ 213,755 $ 535 $ 259,479 $ 310 $ 68,757 $ 29,062 $ 571,898 Ending balance: individually evaluated for impairment $ 227 $ - $ 5,298 $ 92 $ 96 $ - $ 5,713 Ending balance: purchased credit impaired individually evaluated for impairment $ 1,691 $ - $ - $ - $ - $ - $ 1,691 Ending balance: collectively evaluated for impairment $ 211,837 $ 535 $ 254,181 $ 218 $ 68,661 $ 29,062 $ 564,494
Financing Receivable Credit Quality Indicators [Table Text Block]	The Bancorp's credit quality indicators are summarized below at March 31, 2016 and December 31, 2015: (Dollars in thousands) Corporate Credit Exposure - Credit Risk Portfolio By Creditworthiness Category Commercial Real Estate, Construction & Commercial Participations Purchased Commercial Business Government Loan Grades 2016 2015 2016 2015 2016 2015 2016 2015 2 Moderate risk $ 264 $ 270 $ - $ - $ 5,870 $ 6,526 $ - $ - 3 Above average acceptable risk 5,618 7,136 - - 3,614 4,313 1,000 - 4 Acceptable risk 129,182 129,353 193 199 26,867 31,735 28,968 29,062 5 Marginally acceptable risk 84,285 74,342 - - 11,743 12,225 - - 6 Pass/monitor 42,214 38,337 18 19 10,524 11,774 - - 7 Special mention (watch) 5,770 4,707 - - 1,534 601 - - 8 Substandard 186 5,334 91 92 902 1,583 - - 9 Doubtful - - - - - - - - Total $ 267,519 $ 259,479 $ 302 $ 310 $ 61,054 $ 68,757 $ 29,968 $ 29,062 (Dollars in thousands) Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity Residential Real Estate, Including Home Consumer 2016 2015 2016 2015 Performing $ 207,347 $ 209,583 $ 651 $ 535 Non-performing 4,364 4,172 - - Total $ 211,711 $ 213,755 $ 651 $ 535
Impaired Financing Receivables [Table Text Block]	The Bancorp's individually evaluated impaired loans are summarized below: As of March 31, 2016 For the three months ended (Dollars in thousands) Recorded Unpaid Principal Related Average Interest With no related allowance recorded: Residential real estate, including home equity $ 3,454 $ 5,720 $ - $ 2,610 $ 48 Commercial real estate, construction & land development, and other dwellings 133 133 - 2,604 - Commercial participations purchased - - - - - Commercial business 93 93 - 83 1 With an allowance recorded: Residential real estate, including home equity 171 171 143 174 - Commercial real estate, construction & land development, and other dwellings 18 18 9 120 - Commercial participations purchased 91 91 13 92 1 Commercial business 228 228 187 125 - Total: Residential real estate, including home equity $ 3,625 $ 5,891 $ 143 $ 2,784 $ 48 Commercial real estate, construction & land development, and other dwellings $ 151 $ 151 $ 9 $ 2,724 $ - Commercial participations purchased $ 91 $ 91 $ 13 $ 92 $ 1 Commercial business $ 321 $ 321 $ 187 $ 208 $ 1 As of December 31, 2015 For the three months ended (Dollars in thousands) Recorded Unpaid Principal Related Average Interest With no related allowance recorded: Residential real estate, including home equity $ 1,741 $ 4,737 $ - $ 711 $ 8 Commercial real estate, construction & land development, and other dwellings 5,075 5,075 - 70 - Commercial participations purchased - - - - - Commercial business 74 74 - - - With an allowance recorded: Residential real estate, including home equity 177 177 149 559 - Commercial real estate, construction & land development, and other dwellings 223 223 171 5,114 47 Commercial participations purchased 92 92 14 102 2 Commercial business 22 22 22 321 1 Total: Residential real estate, including home equity $ 1,918 $ 4,914 $ 149 $ 1,270 $ 8 Commercial real estate, construction & land development, and other dwellings $ 5,298 $ 5,298 $ 171 $ 5,184 $ 47 Commercial participations purchased $ 92 $ 92 $ 14 $ 102 $ 2 Commercial business $ 96 $ 96 $ 22 $ 321 $ 1
Past Due Financing Receivables [Table Text Block]	The Bancorp’s age analysis of past due loans is summarized below: (Dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Than 90 Total Past Due Current Total Loans Recorded March 31, 2016 Residential real estate, including home equity $ 5,122 $ 1,907 $ 3,781 $ 10,810 $ 200,901 $ 211,711 $ 530 Consumer - - - - 651 651 - Commercial real estate, construction & land development, and other dwellings 1,315 357 186 1,858 265,661 267,519 - Commercial participations purchased - - 91 91 211 302 - Commercial business 555 471 226 1,252 59,802 61,054 - Government - - - - 29,968 29,968 - Total $ 6,992 $ 2,735 $ 4,284 $ 14,011 $ 557,194 $ 571,205 $ 530 December 31, 2015 Residential real estate, including home equity $ 5,559 $ 2,430 $ 3,055 $ 11,044 $ 202,711 $ 213,755 $ 377 Consumer - - - - 535 535 - Commercial real estate, construction & land development, and other dwellings - 211 710 921 258,558 259,479 - Commercial participations purchased - - 92 92 218 310 - Commercial business 67 177 22 266 68,491 68,757 - Government - - - - 29,062 29,062 - Total $ 5,626 $ 2,818 $ 3,879 $ 12,323 $ 559,575 $ 571,898 $ 377
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	The Bancorp's loans on nonaccrual status are summarized below: (Dollars in thousands) March 31, December 31, Residential real estate, including home equity $ 4,364 $ 4,172 Consumer - - Commercial real estate, construction & land development, and other dwellings 186 915 Commercial participations purchased 91 92 Commercial business 249 22 Government - - Total $ 4,890 $ 5,201

Foreclosed Real Estate (Tables)

Foreclosed Real Estate (Tables)	3 Months Ended
	Mar. 31, 2016
Other Real Estate and Foreclosed Assets [Abstract]
Schedule of Real Estate Properties [Table Text Block]	Foreclosed real estate at period-end is summarized below: (Dollars in thousands) March 31, December 31, 2016 2015 Residential real estate, including home equity $ 409 $ 496 Commercial real estate, construction & land development and other dwellings 1,015 1,014 Commercial business - 80 Total $ 1,424 $ 1,590

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the three months ended March 31, 2016 and 2015 are as follows: Three Months Ended (Dollars in thousands, except per share data) March 31, 2016 2015 Basic earnings per common share: Net income as reported $ 2,244 $ 1,927 Weighted average common shares outstanding 2,854,872 2,848,920 Basic earnings per common share $ 0.79 $ 0.68 Diluted earnings per common share: Net income as reported $ 2,244 $ 1,927 Weighted average common shares outstanding 2,854,872 2,848,920 Add: Dilutive effect of assumed stock option exercises 750 - Weighted average common and dilutive potential common shares outstanding 2,855,622 2,848,920 Diluted earnings per common share $ 0.79 $ 0.68

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	A summary of incentive option activity under the Bancorp’s stock option and incentive plans described above for the three months ended March 31, 2016 follows: Weighted- Weighted- Average Average Remaining Aggregate Exercise Contractual Intrinsic Incentive options Shares Price Term Value Outstanding at January 1, 2016 750 $ 28.50 Granted - - Exercised - - Forfeited - - Expired - $ - Outstanding at March 31, 2016 750 $ 28.50 1.9 - Exercisable at March 31, 2016 750 $ 28.50 1.9 -
Nonvested Restricted Stock Shares Activity [Table Text Block]	A summary of restricted stock activity under the Bancorp’s incentive stock option and incentive plans described above for the three months ended March 31, 2016 follows: Weighted- Average Grant Date Restricted stock Shares Fair Value Nonvested at January 1, 2016 19,725 $ 25.15 Granted 5,240 30.50 Vested - - Forfeited - - Nonvested at March 31, 2016 24,965 $ 26.28

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]	The table below shows the credit loss roll forward on a year-to-date basis for the Bancorp’s pooled trust preferred securities that have been classified with other-than-temporary impairment: (Dollars in thousands) Collateralized debt obligations other-than-temporary impairment Ending balance, December 31, 2015 $ 271 Additions not previously recognized - Ending balance, March 31, 2016 $ 271
Schedule of Fair Value, Pooled Trust Preferred Securities [Table Text Block]	The following table contains information regarding the Bancorp’s pooled trust preferred securities impairment evaluation as of December 31, 2015: Cusip 74043CAC1 74042TAJ0 01449TAB9 01450NAC6 Deal name PreTSL XXIV PreTSL XXVII Alesco IX Alesco XVII Class B-1 C-1 A-2A B Lowest credit rating assigned CC C BB CCC Number of performing banks 57 30 59 48 Number of performing insurance companies 13 7 10 n/a Number of issuers in default 19 8 2 4 Number of issuers in deferral 4 4 5 4 Defaults & deferrals as a % of performing collateral 36.46 % 27.32 % 7.23 % 16.96 % Subordination: As a % of performing collateral 9.51 % -3.69 % 46.16 % 25.85 % As a % of performing collateral – adjusted for projected future defaults 4.35 % -11.38 % 43.09 % 21.62 % Other-than-temporary impairment model assumptions: Defaults: Year 1 - issuer average 1.80 % 2.30 % 1.80 % 1.80 % Year 2 - issuer average 1.80 % 2.30 % 1.80 % 1.80 % Year 3 - issuer average 1.80 % 2.30 % 1.80 % 1.80 % > 3 Years - issuer average (1 ) (1 ) (1 ) (1 ) Discount rate - 3 month Libor, plus implicit yield spread at purchase 1.48 % 1.23 % 1.27 % 1.44 % Recovery assumptions (2 ) (2 ) (2 ) (2 ) Prepayments 0.00 % 0.00 % 0.00 % 0.00 % Other-than-temporary impairment $ 41 $ 132 $ 36 $ 62 (1) - Default rates > 3 years are evaluated on a issuer by issuer basis and range from 0.25% to 5.00%. (2) - Recovery assumptions are evaluated on a issuer by issuer basis and range from 0% to 15% with a five year lag.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Assets measured at fair value on a recurring basis are summarized below: (Dollars in thousands) Fair Value Measurements at March 31, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Available-for-sale debt securities: Money market fund $ 763 $ 763 $ - $ - U.S. government sponsored entities 22,529 - 22,529 - Collateralized mortgage obligations and residential mortgage-backed securities 116,290 - 116,290 - Municipal securities 97,997 - 97,997 - Collateralized debt obligations 2,316 - - 2,316 Total securities available-for-sale $ 239,895 $ 763 $ 236,816 $ 2,316 (Dollars in thousands) Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Available-for-sale debt securities: Money market fund $ 525 $ 525 $ - $ - U.S. government sponsored entities 17,431 - 17,431 - Collateralized mortgage obligations and residential mortgage-backed securities 119,173 - 119,173 - Municipal securities 93,487 - 93,487 - Collateralized debt obligations 2,734 - - 2,734 Total securities available-for-sale $ 233,350 $ 525 $ 230,091 $ 2,734
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	A roll forward of available-for-sale securities, which require significant adjustment based on unobservable data, are presented in the following table: (Dollars in thousands) Estimated Fair Value Available-for- Beginning balance, January 1, 2015 $ 2,432 Included in earnings - Total unrealized gains, included in other comprehensive income 302 Transfers in and/or (out) of Level 3 - Ending balance, December 31, 2015 $ 2,734 Beginning balance, January 1, 2016 $ 2,734 Included in earnings - Total unrealized losses, included in other comprehensive income (418) Transfers in and/or (out) of Level 3 - Ending balance, March 31, 2016 $ 2,316
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]	Assets measured at fair value on a non-recurring basis are summarized below: (Dollars in thousands) Fair Value Measurements at March 31, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Impaired loans $ 3,836 $ - $ - $ 3,836 Foreclosed real estate 1,424 - - 1,424 (Dollars in thousands) Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Impaired loans $ 7,048 $ - $ - $ 7,048 Foreclosed real estate 1,590 - - 1,590
Fair Value, by Balance Sheet Grouping [Table Text Block]	The following table shows carrying values and related estimated fair values of financial instruments as of the dates indicated. Estimated fair values are further categorized by the inputs used to measure fair value. Items that are not financial instruments are not included. March 31, 2016 Estimated Fair Value Measurements at March 31, 2016 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 9,925 $ 9,925 $ 9,925 $ - $ - Securities available-for-sale 239,895 239,895 763 236,816 2,316 Loans held-for-sale 1,505 1,538 1,538 - - Loans receivable, net 563,997 559,967 - - 559,967 Federal Home Loan Bank stock 3,000 3,000 - 3,000 - Accrued interest receivable 2,853 2,853 - 2,853 - Financial liabilities: Non-interest bearing deposits 102,078 102,078 102,078 - - Interest bearing deposits 616,618 616,416 420,719 195,697 - Repurchase agreements 16,825 16,822 12,658 4,164 - Borrowed funds 33,927 32,660 347 32,313 - Accrued interest payable 45 45 - 45 - December 31, 2015 Estimated Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 11,533 $ 11,533 $ 11,533 $ - $ - Securities available-for-sale 233,350 233,350 525 230,091 2,734 Loans held-for-sale 2,435 2,504 2,504 - - Loans receivable, net 564,945 561,122 - - 561,122 Federal Home Loan Bank stock 3,000 3,000 - 3,000 - Accrued interest receivable 3,000 3,000 - 3,000 - Financial liabilities: Non-interest bearing deposits 100,031 100,031 100,031 - - Interest bearing deposits 614,844 614,226 420,354 193,872 - Repurchase agreements 18,508 18,476 13,628 4,848 - Borrowed funds 39,493 39,504 393 39,111 - Accrued interest payable 45 45 - 45 -

Acquisition Activity (Details T

Acquisition Activity (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Mar. 31, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill		$ 2,561	$ 2,561
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	$ 57,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities	8,100
Business Combination, Acquired Receivables, Fair Value	28,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	57,900
Finite-lived Intangible Assets Acquired	471
Other Accrued Liabilities	1,500
Core Deposits [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	56,200
Core Deposits [Member] | Liberty Savings Bank Acquisition [Member]
Business Acquisition [Line Items]
Goodwill	$ 573

Securities (Details)

Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	$ 235,690	$ 231,251
Gross Unrealized Gains	7,071	5,008
Gross Unrealized Losses	(2,866)	(2,909)
Estimated Fair Value	239,895	233,350
U.S. government sponsored entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	22,496	17,496
Gross Unrealized Gains	35	1
Gross Unrealized Losses	(2)	(66)
Estimated Fair Value	22,529	17,431
Collateralized mortgage obligations and residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	114,126	118,628
Gross Unrealized Gains	2,252	1,021
Gross Unrealized Losses	(88)	(476)
Estimated Fair Value	116,290	119,173
Collateralized Debt Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	5,073	5,096
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2,757)	(2,362)
Estimated Fair Value	2,316	2,734
Money market fund [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	763	525
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	763	525
Municipal securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	93,232	89,506
Gross Unrealized Gains	4,784	3,986
Gross Unrealized Losses	(19)	(5)
Estimated Fair Value	$ 97,997	$ 93,487

Securities (Details 1)

Securities (Details 1) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Contractual Maturities Of Available For Sale Debt Securities [Line Items]
Estimated Fair Value, Due in one year or less	$ 1,138
Estimated Fair Value, Due from one to five years	22,106
Estimated Fair Value, Due from five to ten years	24,822
Estimated Fair Value, Due over ten years	75,539
Estimated Fair Value, Total	$ 239,895	$ 233,350
Tax-Equivalent Yield, Due in one year or less	6.84%
Tax-Equivalent Yield, Due from one to five years	2.59%
Tax-Equivalent Yield, Due from five to ten years	4.99%
Tax-Equivalent Yield, Due over ten years	4.52%
Tax-Equivalent Yield, Total	3.41%
Collateralized mortgage obligations and residential mortgage-backed securities [Member]
Contractual Maturities Of Available For Sale Debt Securities [Line Items]
Estimated Fair Value, Total	$ 116,290	$ 119,173
Tax-Equivalent Yield, Total	2.47%

Securities (Details 2)

Securities (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Realized Gain Loss [Line Items]
Proceeds	$ 8,247	$ 12,864
Gross gains	253	393
Gross losses	$ 0	$ 0

Securities (Details 3)

Securities (Details 3) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance, December 31, 2015	$ 1,378
Current period change	1,391
Ending balance, March 31, 2016	$ 2,769

Securities (Details 4)

Securities (Details 4) $ in Thousands	Mar. 31, 2016USD ($)Securities	Dec. 31, 2015USD ($)Securities
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	$ 4,060	$ 50,327
Unrealized Losses, Less than 12 months	(21)	(303)
Estimated Fair Value, 12 months or longer	9,107	10,779
Unrealized Losses, 12 months or longer	(2,845)	(2,606)
Estimated Fair Value, Total	13,167	61,106
Unrealized Losses, Total	$ (2,866)	$ (2,909)
Number of securities, Unrealized Losses, Less than 12 months | Securities	6	37
Number of securities, Unrealized Losses, 12 months or longer | Securities	10	11
Number of securities, Unrealized Losses, Total | Securities	16	48
U.S. government sponsored entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	$ 1,998	$ 9,429
Unrealized Losses, Less than 12 months	(2)	(66)
Estimated Fair Value, 12 months or longer	0	0
Unrealized Losses, 12 months or longer	0	0
Estimated Fair Value, Total	1,998	9,429
Unrealized Losses, Total	(2)	(66)
Collateralized mortgage obligations and residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	0	39,386
Unrealized Losses, Less than 12 months	0	(232)
Estimated Fair Value, 12 months or longer	6,791	8,045
Unrealized Losses, 12 months or longer	(88)	(244)
Estimated Fair Value, Total	6,791	47,431
Unrealized Losses, Total	(88)	(476)
Collateralized Debt Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	0	0
Unrealized Losses, Less than 12 months	0	0
Estimated Fair Value, 12 months or longer	2,316	2,734
Unrealized Losses, 12 months or longer	(2,757)	(2,362)
Estimated Fair Value, Total	2,316	2,734
Unrealized Losses, Total	(2,757)	(2,362)
Municipal securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	2,062	1,512
Unrealized Losses, Less than 12 months	(19)	(5)
Estimated Fair Value, 12 months or longer	0	0
Unrealized Losses, 12 months or longer	0	0
Estimated Fair Value, Total	2,062	1,512
Unrealized Losses, Total	$ (19)	$ (5)

Securities (Details Textual)

Securities (Details Textual) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Trading Securities Pledged as Collateral	$ 29.8	$ 31.1

Loans Receivable (Details)

Loans Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Loans secured by real estate:
Total loans secured by real estate	$ 479,720	$ 473,739
Consumer	651	535
Commercial business	62,178	68,813
Government	29,968	29,062
Subtotal	572,517	572,149
Less: Net deferred loan origination fees	(158)	(174)
Less: Undisbursed loan funds	(1,154)	(77)
Loan receivables	571,205	571,898
Residential Including Home Equity [Member]
Loans secured by real estate:
Total loans secured by real estate	211,900	213,951
Loan receivables	211,711	213,755
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Loans secured by real estate:
Total loans secured by real estate	267,518	259,478
Loan receivables	267,519	259,479
Commercial Participations Purchased [Member]
Loans secured by real estate:
Total loans secured by real estate	302	310
Loan receivables	$ 302	$ 310

Loans Receivable (Details 1)

Loans Receivable (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Allowance for loan losses:
Beginning Balance	$ 6,953	$ 6,361
Charge-offs	(53)	(87)
Recoveries	12	25
Provisions	296	287
Ending Balance	7,208	6,586
Ending balance: individually evaluated for impairment	352		$ 356
Ending balance: collectively evaluated for impairment	6,856		6,597
LOAN RECEIVABLES
Ending balance	571,205		571,898
Ending balance: individually evaluated for impairment	2,599		5,713
Ending balance: purchased credit impaired individually evaluated for impairment	1,589		1,691
Ending balance: collectively evaluated for impairment	567,017		564,494
Government loans [Member]
Allowance for loan losses:
Beginning Balance	70	75
Charge-offs	0	0
Recoveries	0	0
Provisions	2	6
Ending Balance	72	81
Ending balance: individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	72		70
LOAN RECEIVABLES
Ending balance	29,968		29,062
Ending balance: individually evaluated for impairment	0		0
Ending balance: purchased credit impaired individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	29,968		29,062
Residential Real Estate Including Home Equity [Member]
Allowance for loan losses:
Beginning Balance	1,711	1,878
Charge-offs	(49)	(28)
Recoveries	1	22
Provisions	68	93
Ending Balance	1,731	1,965
Ending balance: individually evaluated for impairment	143		149
Ending balance: collectively evaluated for impairment	1,588		1,562
LOAN RECEIVABLES
Ending balance	211,711		213,755
Ending balance: individually evaluated for impairment	2,036		227
Ending balance: purchased credit impaired individually evaluated for impairment	1,589		1,691
Ending balance: collectively evaluated for impairment	208,086		211,837
Consumer Loan [Member]
Allowance for loan losses:
Beginning Balance	38	17
Charge-offs	(4)	(5)
Recoveries	3	0
Provisions	7	9
Ending Balance	44	21
Ending balance: individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	44		38
LOAN RECEIVABLES
Ending balance	651		535
Ending balance: individually evaluated for impairment	0		0
Ending balance: purchased credit impaired individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	651		535
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Allowance for loan losses:
Beginning Balance	4,422	3,645
Charge-offs	0	(54)
Recoveries	0	1
Provisions	179	102
Ending Balance	4,601	3,694
Ending balance: individually evaluated for impairment	9		171
Ending balance: collectively evaluated for impairment	4,592		4,251
LOAN RECEIVABLES
Ending balance	267,519		259,479
Ending balance: individually evaluated for impairment	151		5,298
Ending balance: purchased credit impaired individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	267,368		254,181
Commercial Participations Purchased [Member]
Allowance for loan losses:
Beginning Balance	14	13
Charge-offs	0	0
Recoveries	0	0
Provisions	(1)	(3)
Ending Balance	13	10
Ending balance: individually evaluated for impairment	13		14
Ending balance: collectively evaluated for impairment	0		0
LOAN RECEIVABLES
Ending balance	302		310
Ending balance: individually evaluated for impairment	91		92
Ending balance: purchased credit impaired individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	211		218
Commercial business [Member]
Allowance for loan losses:
Beginning Balance	698	733
Charge-offs	0	0
Recoveries	8	2
Provisions	41	80
Ending Balance	747	$ 815
Ending balance: individually evaluated for impairment	187		22
Ending balance: collectively evaluated for impairment	560		676
LOAN RECEIVABLES
Ending balance	61,054		68,757
Ending balance: individually evaluated for impairment	321		96
Ending balance: purchased credit impaired individually evaluated for impairment	0		0
Ending balance: collectively evaluated for impairment	$ 60,733		$ 68,661

Loans Receivable (Details 2)

Loans Receivable (Details 2) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	$ 29,968	$ 29,062
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	267,519	259,479
Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	302	310
Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	61,054	68,757
Residential Real Estate [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	211,711	213,755
Consumer Loan [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	651	535
Moderate risk [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Moderate risk [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	264	270
Moderate risk [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Moderate risk [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	5,870	6,526
Above Average Acceptable Risk [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	1,000	0
Above Average Acceptable Risk [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	5,618	7,136
Above Average Acceptable Risk [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Above Average Acceptable Risk [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	3,614	4,313
Acceptable Risk [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	28,968	29,062
Acceptable Risk [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	129,182	129,353
Acceptable Risk [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	193	199
Acceptable Risk [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	26,867	31,735
Marginally Acceptable Risk [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Marginally Acceptable Risk [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	84,285	74,342
Marginally Acceptable Risk [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Marginally Acceptable Risk [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	11,743	12,225
Pass/monitor [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Pass/monitor [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	42,214	38,337
Pass/monitor [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	18	19
Pass/monitor [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	10,524	11,774
Special mention (watch) [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Special mention (watch) [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	5,770	4,707
Special mention (watch) [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Special mention (watch) [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	1,534	601
Substandard [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Substandard [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	186	5,334
Substandard [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	91	92
Substandard [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	902	1,583
Doubtful [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Doubtful [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Doubtful [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Doubtful [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	0	0
Performing Financing Receivable [Member] | Residential Real Estate [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	207,347	209,583
Performing Financing Receivable [Member] | Consumer Loan [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	651	535
Non-performing Financing Receivable [Member] | Residential Real Estate [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	4,364	4,172
Non-performing Financing Receivable [Member] | Consumer Loan [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	$ 0	$ 0

Loans Receivable (Details 3)

Loans Receivable (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Residential Real Estate Including Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 3,625		$ 1,918
Unpaid Principal Balance	5,891		4,914
Related Allowance	143		149
Average Recorded Investment	2,784	$ 1,270
Interest Income Recognized	48	8
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	151		5,298
Unpaid Principal Balance	151		5,298
Related Allowance	9		171
Average Recorded Investment	2,724	5,184
Interest Income Recognized	0	47
Commercial Participations Purchased [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	91		92
Unpaid Principal Balance	91		92
Related Allowance	13		14
Average Recorded Investment	92	102
Interest Income Recognized	1	2
Commercial business [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	321		96
Unpaid Principal Balance	321		96
Related Allowance	187		22
Average Recorded Investment	208	321
Interest Income Recognized	1	1
Impaired Loans With No Related Allowance [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	3,454		1,741
Unpaid Principal Balance	5,720		4,737
Related Allowance	0		0
Average Recorded Investment	2,610	711
Interest Income Recognized	48	8
Impaired Loans With No Related Allowance [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	133		5,075
Unpaid Principal Balance	133		5,075
Related Allowance	0		0
Average Recorded Investment	2,604	70
Interest Income Recognized	0	0
Impaired Loans With No Related Allowance [Member] | Commercial Participations Purchased [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	0		0
Unpaid Principal Balance	0		0
Related Allowance	0		0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Impaired Loans With No Related Allowance [Member] | Commercial business [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	93		74
Unpaid Principal Balance	93		74
Related Allowance	0		0
Average Recorded Investment	83	0
Interest Income Recognized	1	0
Impaired Loans With Related Allowance [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	171		177
Unpaid Principal Balance	171		177
Related Allowance	143		149
Average Recorded Investment	174	559
Interest Income Recognized	0	0
Impaired Loans With Related Allowance [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	18		223
Unpaid Principal Balance	18		223
Related Allowance	9		171
Average Recorded Investment	120	5,114
Interest Income Recognized	0	47
Impaired Loans With Related Allowance [Member] | Commercial Participations Purchased [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	91		92
Unpaid Principal Balance	91		92
Related Allowance	13		14
Average Recorded Investment	92	102
Interest Income Recognized	1	2
Impaired Loans With Related Allowance [Member] | Commercial business [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	228		22
Unpaid Principal Balance	228		22
Related Allowance	187		$ 22
Average Recorded Investment	125	321
Interest Income Recognized	$ 0	$ 1

Loans Receivable (Details 4)

Loans Receivable (Details 4) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 14,011	$ 12,323
Current	557,194	559,575
Total Loans	571,205	571,898
Recorded Investments Greater than 90 Days and Accruing	530	377
Government loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	29,968	29,062
Total Loans	29,968	29,062
Recorded Investments Greater than 90 Days and Accruing	0	0
Residential Real Estate Including Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10,810	11,044
Current	200,901	202,711
Total Loans	211,711	213,755
Recorded Investments Greater than 90 Days and Accruing	530	377
Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	651	535
Total Loans	651	535
Recorded Investments Greater than 90 Days and Accruing	0	0
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,858	921
Current	265,661	258,558
Total Loans	267,519	259,479
Recorded Investments Greater than 90 Days and Accruing	0	0
Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	91	92
Current	211	218
Total Loans	302	310
Recorded Investments Greater than 90 Days and Accruing	0	0
Commercial business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,252	266
Current	59,802	68,491
Total Loans	61,054	68,757
Recorded Investments Greater than 90 Days and Accruing	0	0
Financing Receivables, 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,992	5,626
Financing Receivables, 30-59 Days Past Due [Member] | Government loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, 30-59 Days Past Due [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	5,122	5,559
Financing Receivables, 30-59 Days Past Due [Member] | Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, 30-59 Days Past Due [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,315	0
Financing Receivables, 30-59 Days Past Due [Member] | Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, 30-59 Days Past Due [Member] | Commercial business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	555	67
Financing Receivables, 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,735	2,818
Financing Receivables, 60-89 Days Past Due [Member] | Government loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, 60-89 Days Past Due [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,907	2,430
Financing Receivables, 60-89 Days Past Due [Member] | Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, 60-89 Days Past Due [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	357	211
Financing Receivables, 60-89 Days Past Due [Member] | Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, 60-89 Days Past Due [Member] | Commercial business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	471	177
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,284	3,879
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Government loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,781	3,055
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	186	710
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	91	92
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 226	$ 22

Loans Receivable (Details 5)

Loans Receivable (Details 5) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	$ 4,890	$ 5,201
Government loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	0	0
Residential Real Estate Including Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	4,364	4,172
Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	0	0
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	186	915
Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	91	92
Commercial business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	$ 249	$ 22

Loans Receivable (Details Textu

Loans Receivable (Details Textual) $ in Thousands	Mar. 31, 2016USD ($)
First Federal Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance, Total	$ 1,800
Impaired Financing Receivable, Recorded Investment, Total	814
Liberty Savings [Member]
Financing Receivable, Modifications [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance, Total	2,100
Impaired Financing Receivable, Recorded Investment, Total	775
Impaired Loans [Member]
Financing Receivable, Modifications [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance, Total	3,900
Impaired Financing Receivable, Recorded Investment, Total	$ 1,600

Foreclosed Real Estate (Details

Foreclosed Real Estate (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Real Estate Properties [Line Items]
Foreclosed real estate	$ 1,424	$ 1,590
Residential Real Estate Including Home Equity [Member]
Real Estate Properties [Line Items]
Foreclosed real estate	409	496
Commercial Real Estate Construction And Land Development And Other Dwellings [Member]
Real Estate Properties [Line Items]
Foreclosed real estate	1,015	1,014
Commercial Business [Member]
Real Estate Properties [Line Items]
Foreclosed real estate	$ 0	$ 80

Goodwill, Other Intangible As41

Goodwill, Other Intangible Assets, and Acquisition Related Accounting (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Indefinite-lived Intangible Assets [Line Items]
Goodwill	$ 2,561		$ 2,561
During 2016 [Member] | Certificates of Deposit [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	58
First Federal Acquisition [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill	2,000
Amortization of Intangible Assets	3	$ 3
Goodwill, Acquired During Period		377
Impaired Loan, Additions		423
First Federal Acquisition [Member] | Certificates of Deposit [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion (Amortization) of Discounts and Premiums, Investments	$ 276
Accretion Amortization Of Discounts And Premiums Term	17 months
Accretion Expense		50
First Federal Acquisition [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion (Amortization) of Discounts and Premiums, Investments	$ 1,100
Accretion Amortization Of Discounts And Premiums Term	55 months
Accretion Expense	$ 47	$ 70
First Federal Acquisition [Member] | During 2016 [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	9
First Federal Acquisition [Member] | During 2016 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	142
First Federal Acquisition [Member] | During 2017 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	189
First Federal Acquisition [Member] | During 2018 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	158
First Federal Acquisition [Member] | Through 2022 [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	60
Core Deposits [Member] | First Federal Acquisition [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Core Deposits, Gross	$ 93
Finite-Lived Intangible Asset, Useful Life	7 years 10 months 24 days
Liberty Savings [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill, Acquired During Period	$ 573
Liberty Savings [Member] | Certificates of Deposit [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion (Amortization) of Discounts and Premiums, Investments	$ 124
Accretion Amortization Of Discounts And Premiums Term	17 months
Accretion Expense	$ 22
Liberty Savings [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion (Amortization) of Discounts and Premiums, Investments	$ 1,200
Accretion Amortization Of Discounts And Premiums Term	44 months
Accretion Expense	$ 76
Liberty Savings [Member] | During 2019 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	53
Liberty Savings [Member] | Through 2018 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	318
Liberty Savings [Member] | Core Deposits [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Core Deposits, Gross	$ 471
Finite-Lived Intangible Asset, Useful Life	8 years 2 months 12 days
Amortization of Intangible Assets	$ 14
Liberty Savings [Member] | Core Deposits [Member] | During 2016 [Member]
Indefinite-lived Intangible Assets [Line Items]
Amortization of Intangible Assets	44
Liberty Savings [Member] | Core Deposits [Member] | During 2023 [Member]
Indefinite-lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 385

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Basic earnings per common share:
Net income as reported	$ 2,244	$ 1,927
Weighted average common shares outstanding	2,854,872	2,848,920
Basic earnings per common share	$ 0.79	$ 0.68
Diluted earnings per common share:
Net income as reported	$ 2,244	$ 1,927
Weighted average common shares outstanding	2,854,872	2,848,920
Add: Dilutive effect of assumed stock option exercises	750	0
Weighted average common and dilutive potential common shares outstanding	2,854,872	2,848,920
Diluted earnings per common share	$ 0.79	$ 0.68

Stock Based Compensation (Detai

Stock Based Compensation (Details) - Employee Stock Option [Member]	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares - Outstanding Begining Balance (in shares) | shares	750
Shares - Granted (in shares) | shares	0
Shares - Exercised (in shares) | shares	0
Shares - Forfeited (in shares) | shares	0
Shares - Expired (in shares) | shares	0
Shares - Outstanding Ending Balance (in shares) | shares	750
Shares - Exercisable (in shares) | shares	750
Weighted-Average Exercise Price - Outstanding at Begining of period (in dollars per share) | $ / shares	$ 28.50
Weighted-Average Exercise Price - Granted (in dollars per shares) | $ / shares	0
Weighted-Average Exercise Price - Exercised (in dollars per share) | $ / shares	0
Weighted-Average Exercise Price - Forfeited or expired (in dollars per share) | $ / shares	0
Weighted-Average Exercise Price - Expired (in dollars per share) | $ / shares	0
Weighted-Average Exercise Price - Outstanding at end of period (in dollars per share) | $ / shares	28.50
Weighted-Average Exercise Price - Exercisable at December (in dollars per share) | $ / shares	$ 28.50
Weighted-Average Remaining Contractual Term - Outstanding at end of period (in years)	1 year 10 months 24 days
Weighted-Average Remaining Contractual Term - Exercisable at December (in years)	1 year 10 months 24 days
Aggregate Intrinsic Value - Outstanding at end of period (in dollars) | $	$ 0
Aggregate Intrinsic Value - Exercisable at December (in dollars) | $	$ 0

Stock Based Compensation (Det44

Stock Based Compensation (Details 1) - Restricted Stock [Member]	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares - Nonvested at January 1, 2016 (in shares) | shares	19,725
Shares - Granted (in shares) | shares	5,240
Shares - Vested (in shares) | shares	0
Shares - Forfeited (in shares) | shares	0
Shares - Nonvested at March 31, 2016 (in shares) | shares	24,965
Weighted-Average Grant Date Fair Value - Nonvested at January 1, 2016 (in dollars per share) | $ / shares	$ 25.15
Weighted-Average Grant Date Fair Value - Granted (in dollars per share) | $ / shares	30.50
Weighted-Average Grant Date Fair Value - Vested (in dollars per share) | $ / shares	0
Weighted-Average Grant Date Fair Value - Forfeited (in dollars per share) | $ / shares	0
Weighted-Average Grant Date Fair Value - Nonvested at March 31, 2016 (in dollars per share) | $ / shares	$ 26.28

Stock Based Compensation (Det45

Stock Based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			250,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross	5,240	7,250
Allocated Share-based Compensation Expense	$ 30	$ 21
Share-based Compensation Expense, Estimated for Remainder of Fiscal Year	98
Share-based Compensation Expense, Estimated for Year Two	$ 131

Fair Value (Details)

Fair Value (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Ending balance, December 31, 2015	$ 271
Additions not previously recognized	0
Ending balance, March 31, 2016	$ 271

Fair Value (Details 1)

Fair Value (Details 1) $ in Thousands		12 Months Ended
		Dec. 31, 2015USD ($)Number	Mar. 31, 2016USD ($)
Other-than-temporary impairment model assumptions:
Other-than-temporary impairment | $		$ 271	$ 271
Cusip One [Member]
Fair Value Pooled Trust Preferred Securities [Line Items]
Cusip		74043CAC1
Deal name		PreTSL XXIV
Class		B1
Lowest credit rating assigned		CC
Number of performing banks		57
Number of performing insurance companies		13
Number of issuers in default		19
Number of issuers in deferral		4
Defaults & deferrals as a % of performing collateral		36.46%
Subordination:
As a % of performing collateral		9.51%
As a % of performing collateral - adjusted for projected future defaults		4.35%
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		1.80%
Year 2 - issuer average		1.80%
Year 3 - issuer average		1.80%
> 3 Years - issuer average	[1]
Discount rate - 3 month Libor, plus implicit yield spread at purchase		1.48%
Recovery assumptions	[2]
Prepayments		0.00%
Other-than-temporary impairment | $		$ 41
Cusip Two [Member]
Fair Value Pooled Trust Preferred Securities [Line Items]
Cusip		74042TAJ0
Deal name		PreTSL XXVII
Class		C1
Lowest credit rating assigned		C
Number of performing banks		30
Number of performing insurance companies		7
Number of issuers in default		8
Number of issuers in deferral		4
Defaults & deferrals as a % of performing collateral		27.32%
Subordination:
As a % of performing collateral		(3.69%)
As a % of performing collateral - adjusted for projected future defaults		(11.38%)
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		2.30%
Year 2 - issuer average		2.30%
Year 3 - issuer average		2.30%
> 3 Years - issuer average	[1]
Discount rate - 3 month Libor, plus implicit yield spread at purchase		1.23%
Recovery assumptions	[2]
Prepayments		0.00%
Other-than-temporary impairment | $		$ 132
Cusip Three [Member]
Fair Value Pooled Trust Preferred Securities [Line Items]
Cusip		01449TAB9
Deal name		Alesco IX
Class		A-2A
Lowest credit rating assigned		BB
Number of performing banks		59
Number of performing insurance companies		10
Number of issuers in default		2
Number of issuers in deferral		5
Defaults & deferrals as a % of performing collateral		7.23%
Subordination:
As a % of performing collateral		46.16%
As a % of performing collateral - adjusted for projected future defaults		43.09%
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		1.80%
Year 2 - issuer average		1.80%
Year 3 - issuer average		1.80%
> 3 Years - issuer average	[1]
Discount rate - 3 month Libor, plus implicit yield spread at purchase		1.27%
Recovery assumptions	[2]
Prepayments		0.00%
Other-than-temporary impairment | $		$ 36
Cusip Four [Member]
Fair Value Pooled Trust Preferred Securities [Line Items]
Cusip		01450NAC6
Deal name		Alesco XVII
Class		B
Lowest credit rating assigned		CCC
Number of performing banks		48
Number of issuers in default		4
Number of issuers in deferral		4
Defaults & deferrals as a % of performing collateral		16.96%
Subordination:
As a % of performing collateral		25.85%
As a % of performing collateral - adjusted for projected future defaults		21.62%
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		1.80%
Year 2 - issuer average		1.80%
Year 3 - issuer average		1.80%
> 3 Years - issuer average	[1]
Discount rate - 3 month Libor, plus implicit yield spread at purchase		1.44%
Recovery assumptions	[2]
Prepayments		0.00%
Other-than-temporary impairment | $		$ 62
[1]	Default rates > 3 years are evaluated on a issuer by issuer basis and range from 0.25% to 5.00%.
[2]	Recovery assumptions are evaluated on a issuer by issuer basis and range from 0% to 15% with a five year lag.

Fair Value (Details 2)

Fair Value (Details 2) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 239,895	$ 233,350
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	763	525
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	236,816	230,091
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	2,316	2,734
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	239,895	233,350
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	763	525
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	236,816	230,091
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	2,316	2,734
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	763	525
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	763	525
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Municipal Bonds [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	97,997	93,487
Municipal Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Municipal Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	97,997	93,487
Municipal Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	22,529	17,431
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	22,529	17,431
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	116,290	119,173
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	116,290	119,173
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	2,316	2,734
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 2,316	$ 2,734

Fair Value (Details 3)

Fair Value (Details 3) - Collateralized Debt Obligations [Member] - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 2,734	$ 2,432
Included in earnings	0	0
Total unrealized gains, included in other comprehensive income	(418)	302
Transfers in and/or (out) of Level 3	0	0
Ending balance	$ 2,316	$ 2,734

Fair Value (Details 4)

Fair Value (Details 4) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Impaired Loans [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	$ 3,836	$ 7,048
Foreclosed Real Estate [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	1,424	1,590
Fair Value, Inputs, Level 1 [Member] | Impaired Loans [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 1 [Member] | Foreclosed Real Estate [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 2 [Member] | Impaired Loans [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 2 [Member] | Foreclosed Real Estate [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	3,836	7,048
Fair Value, Inputs, Level 3 [Member] | Foreclosed Real Estate [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	$ 1,424	$ 1,590

Fair Value (Details 5)

Fair Value (Details 5) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financial assets, Carrying value:
Cash and cash equivalents - Carrying Value	$ 9,925	$ 11,533
Securities available-for-sale - Carrying Value	239,895	233,350
Loans held-for-sale - Carrying Value	1,505	2,435
Loans receivable, net - Carrying Value	563,997	564,945
Federal Home Loan Bank stock - Carrying Value	3,000	3,000
Accrued interest receivable - Carrying Value	2,853	3,000
Financial liabilities, Carrying value:
Non-interest bearing deposits - Carrying Value	102,078	100,031
Interest bearing deposits - Carrying Value	616,618	614,844
Repurchase agreements - Carrying Value	16,825	18,508
Borrowed funds - Carrying Value	33,927	39,493
Accrued interest payable - Carrying Value	45	45
Financial assets, Fair value:
Cash and cash equivalents - Estimated Fair Value	9,925	11,533
Securities available-for-sale - Estimated Fair Value	239,895	233,350
Loans held-for-sale - Estimated Fair Value	1,538	2,504
Loans receivable, net - Estimated Fair Value	559,967	561,122
Federal Home Loan Bank stock - Estimated Fair Value	3,000	3,000
Accrued interest receivable - Estimated Fair Value	2,853	3,000
Financial liabilities, Fair value:
Non-interest bearing deposits - Estimated Fair Value	102,078	100,031
Interest bearing deposits - Estimated Fair Value	616,416	614,226
Repurchase agreements - Estimated Fair Value	16,822	18,476
Borrowed funds - Estimated Fair Value	32,660	39,504
Accrued interest payable - Estimated Fair Value	45	45
Fair Value, Inputs, Level 1 [Member]
Financial assets, Fair value:
Cash and cash equivalents - Estimated Fair Value	9,925	11,533
Securities available-for-sale - Estimated Fair Value	763	525
Loans held-for-sale - Estimated Fair Value	1,538	2,504
Loans receivable, net - Estimated Fair Value	0	0
Federal Home Loan Bank stock - Estimated Fair Value	0	0
Accrued interest receivable - Estimated Fair Value	0	0
Financial liabilities, Fair value:
Non-interest bearing deposits - Estimated Fair Value	102,078	100,031
Interest bearing deposits - Estimated Fair Value	420,719	420,354
Repurchase agreements - Estimated Fair Value	12,658	13,628
Borrowed funds - Estimated Fair Value	347	393
Accrued interest payable - Estimated Fair Value	0	0
Fair Value, Inputs, Level 2 [Member]
Financial assets, Fair value:
Cash and cash equivalents - Estimated Fair Value	0	0
Securities available-for-sale - Estimated Fair Value	236,816	230,091
Loans held-for-sale - Estimated Fair Value	0	0
Loans receivable, net - Estimated Fair Value	0	0
Federal Home Loan Bank stock - Estimated Fair Value	3,000	3,000
Accrued interest receivable - Estimated Fair Value	2,853	3,000
Financial liabilities, Fair value:
Non-interest bearing deposits - Estimated Fair Value	0	0
Interest bearing deposits - Estimated Fair Value	195,697	193,872
Repurchase agreements - Estimated Fair Value	4,164	4,848
Borrowed funds - Estimated Fair Value	32,313	39,111
Accrued interest payable - Estimated Fair Value	45	45
Fair Value, Inputs, Level 3 [Member]
Financial assets, Fair value:
Cash and cash equivalents - Estimated Fair Value	0	0
Securities available-for-sale - Estimated Fair Value	2,316	2,734
Loans held-for-sale - Estimated Fair Value	0	0
Loans receivable, net - Estimated Fair Value	559,967	561,122
Federal Home Loan Bank stock - Estimated Fair Value	0	0
Accrued interest receivable - Estimated Fair Value	0	0
Financial liabilities, Fair value:
Non-interest bearing deposits - Estimated Fair Value	0	0
Interest bearing deposits - Estimated Fair Value	0	0
Repurchase agreements - Estimated Fair Value	0	0
Borrowed funds - Estimated Fair Value	0	0
Accrued interest payable - Estimated Fair Value	$ 0	$ 0

Fair Value (Details Textual)

Fair Value (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value [Line Items]
Minimum Percentage of Defaults Rates on Above 3 Years Issuer Average in Other than Temporary Impairment Model Assumptions		0.25%
Maximum Percentage of Defaults Rates on Above 3 Years Issuer Average in Other than Temporary Impairment Model Assumptions		5.00%
Minimum Percentage of Recovery Assumptions on Other than Temporary Impairment Model Assumptions		0.00%
Maximum Percentage of Recovery Assumptions on Other than Temporary Impairment Model Assumptions		15.00%
Available-for-sale Securities, Amortized Cost Basis	$ 3,800
Unpaid Principal Balance	4,200	$ 7,400
Impaired Financing Receivable, Reserve	352	356
Impaired Financing Receivable, Fair Value	$ 3,800	$ 7,000