Finward Bancorp (FNWD) 10-Q 25 Jul 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 22, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
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		2,860,157

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and non-interest bearing deposits in other financial institutions	$ 12,593	$ 9,915
Interest bearing deposits in other financial institutions	17,385	773
Federal funds sold	1,347	845
Total cash and cash equivalents	31,325	11,533
Securities available-for-sale	243,233	233,350
Loans held-for-sale	1,837	2,435
Loans receivable	586,127	571,898
Less: allowance for loan losses	(7,337)	(6,953)
Net loans receivable	578,790	564,945
Federal Home Loan Bank stock	3,000	3,000
Accrued interest receivable	3,001	3,000
Premises and equipment	18,840	18,942
Foreclosed real estate	1,116	1,590
Cash value of bank owned life insurance	18,663	18,426
Goodwill	2,792	2,561
Other assets	6,793	5,111
Total assets	909,390	864,893
Deposits:
Non-interest bearing	99,273	100,031
Interest bearing	649,640	614,844
Total	748,913	714,875
Repurchase agreements	17,585	18,508
Borrowed funds	39,001	39,493
Accrued expenses and other liabilities	17,430	11,108
Total liabilities	822,929	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: June 30, 2016 - 2,916,195 December 31, 2015 - 2,907,455 shares outstanding: June 30, 2016 - 2,860,157 December 31, 2015 - 2,851,417	0	0
Additional paid-in capital	4,586	4,519
Accumulated other comprehensive income	3,979	1,406
Retained earnings	77,896	74,984
Total stockholders' equity	86,461	80,909
Total liabilities and stockholders' equity	$ 909,390	$ 864,893

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares	Jun. 30, 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	2,916,195	2,907,455
Common stock, shares outstanding	2,860,157	2,851,417

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Loans receivable
Real estate loans	$ 5,514	$ 4,709	$ 11,190	$ 9,230
Commercial loans	907	855	1,789	1,669
Consumer loans	6	5	12	9
Total loan interest	6,427	5,569	12,991	10,908
Securities	1,523	1,505	3,068	3,019
Other interest earning assets	2	11	8	20
Total interest income	7,952	7,085	16,067	13,947
Interest expense:
Deposits	441	345	870	679
Repurchase agreements	25	17	49	33
Borrowed funds	126	113	253	228
Total interest expense	592	475	1,172	940
Net interest income	7,360	6,610	14,895	13,007
Provision for loan losses	288	198	584	485
Net interest income after provision for loan losses	7,072	6,412	14,311	12,522
Noninterest income:
Fees and service charges	716	711	1,379	1,343
Wealth management operations	434	387	857	816
Gain on sale of loans held-for-sale, net	291	354	541	734
Gain on sale of securities, net	165	137	418	530
Increase in cash value of bank owned life insurance	121	106	237	210
Gain on sale of foreclosed real estate, net	42	23	74	24
Other	1	14	2	25
Total noninterest income	1,770	1,732	3,508	3,682
Noninterest expense:
Compensation and benefits	3,071	3,198	6,633	6,371
Occupancy and equipment	964	885	1,868	1,786
Data processing	338	313	663	628
Federal deposit insurance premiums	131	109	268	243
Marketing	130	145	244	258
Other	1,308	1,020	2,371	2,016
Total noninterest expense	5,942	5,670	12,047	11,302
Income before income tax expenses	2,900	2,474	5,772	4,902
Income tax expenses	658	498	1,286	999
Net income	$ 2,242	$ 1,976	$ 4,486	$ 3,903
Earnings per common share:
Basic	$ 0.78	$ 0.69	$ 1.57	$ 1.37
Diluted	0.78	0.69	1.57	1.37
Dividends declared per common share	$ 0.28	$ 0.27	$ 0.55	$ 0.52

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 2,242	$ 1,976	$ 4,486	$ 3,903
Net change in net unrealized gains and losses on securities available-for-sale:
Unrealized gains/(losses) arising during the period	1,956	(3,038)	4,315	(1,874)
Less: reclassification adjustment for gains included in net income	(165)	(137)	(418)	(530)
Net securities gain/(loss) during the period	1,791	(3,175)	3,897	(2,404)
Tax effect	(608)	1,080	(1,323)	822
Net of tax amount	1,183	(2,095)	2,574	(1,582)
Net change in unrealized gain on postretirement benefit:
Amortization of net actuarial gain	(1)	0	(1)	(1)
Net loss during the period	(1)	0	(1)	(1)
Net of tax amount	(1)	0	(1)	(1)
Other comprehensive income, net of tax	1,182	(2,095)	2,573	(1,583)
Comprehensive income/(loss), net of tax	$ 3,424	$ (119)	$ 7,059	$ 2,320

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	3,903
Net unrealized gains/(losses) on securities available-for-sale, net of reclassifications and tax effects	(1,582)
Amortization of unrecognized gain on postretirement benefit	(1)
Comprehensive income, net of tax	2,320
Stock based compensation expense	47
Cash dividends	(1,483)
Balance at end of period at Jun. 30, 2015	77,049
Balance at beginning of period at Mar. 31, 2015	77,912
Comprehensive income:
Net income	1,976
Net unrealized gains/(losses) on securities available-for-sale, net of reclassifications and tax effects	(2,095)
Amortization of unrecognized gain on postretirement benefit	0
Comprehensive income, net of tax	(119)
Stock based compensation expense	25
Cash dividends	(769)
Balance at end of period at Jun. 30, 2015	77,049
Balance at beginning of period at Dec. 31, 2015	80,909
Comprehensive income:
Net income	4,486
Net unrealized gains/(losses) on securities available-for-sale, net of reclassifications and tax effects	2,574
Amortization of unrecognized gain on postretirement benefit	(1)
Comprehensive income, net of tax	7,059
Stock based compensation expense	67
Cash dividends	(1,574)
Balance at end of period at Jun. 30, 2016	86,461
Balance at beginning of period at Mar. 31, 2016	83,802
Comprehensive income:
Net income	2,242
Net unrealized gains/(losses) on securities available-for-sale, net of reclassifications and tax effects	1,183
Amortization of unrecognized gain on postretirement benefit	(1)
Comprehensive income, net of tax	3,424
Stock based compensation expense	36
Cash dividends	(801)
Balance at end of period at Jun. 30, 2016	$ 86,461

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 4,486	$ 3,903
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:
Origination of loans for sale	(18,798)	(28,058)
Sale of loans originated for sale	19,934	29,963
Depreciation and amortization, net of accretion	1,264	1,115
Amortization of mortgage servicing rights	27	41
Stock based compensation expense	67	47
Gain on sale of securities, net	(418)	(530)
Gain on sale of loans held-for-sale, net	(541)	(734)
Gain on sale of foreclosed real estate, net	(74)	(24)
Provision for loan losses	584	485
Net change in:
Interest receivable	1	(61)
Other assets	(3,295)	(1,120)
Accrued expenses and other liabilities	6,322	3,606
Total adjustments	5,073	4,730
Net cash - operating activities	9,559	8,633
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities and pay downs of securities available-for-sale	23,898	20,688
Proceeds from sales of securities available-for-sale	15,613	19,183
Purchase of securities available-for-sale	(45,612)	(49,424)
Net change in loans receivable	(14,412)	(19,064)
Proceeds from sale of Federal Home Loan Bank stock	0	1,055
Purchase of premises and equipment, net	(629)	(386)
Proceeds from sale of foreclosed real estate, net	531	321
Change in cash value of bank owned life insurance	(237)	(210)
Net cash - investing activities	(20,848)	(27,837)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits	34,038	34,188
Proceeds from FHLB advances	6,000	0
Repayment of FHLB advances	(15,000)	(4,000)
Change in other borrowed funds	7,585	3,600
Dividends paid	(1,542)	(1,422)
Net cash - financing activities	31,081	32,366
Net change in cash and cash equivalents	19,792	13,162
Cash and cash equivalents at beginning of period	11,533	21,963
Cash and cash equivalents at end of period	31,325	35,125
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	1,177	943
Income taxes	1,055	1,000
Noncash activities:
Transfers from loans to foreclosed real estate	56	104
Transfers to goodwill	$ 231	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 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 subsidiaries NWIN Risk Management, Inc. (a captive insurance subsidiary) and 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’s business activities include being a holding company for the Bank as well as a holding company for NWIN Risk Management, Inc. The Bancorp’s earnings are primarily 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 June 30, 2016 and December 31, 2015, and the consolidated statements of income, comprehensive income, and changes in stockholders’ equity for the three and six months ended June 30, 2016 and 2015 and consolidated statements of cash flows for the six months ended June 30, 2016 and 2015. The income reported for the six month period ended June 30, 2016 is not necessarily indicative of the results to be expected for the full year.

Use of Estimates

Use of Estimates	6 Months Ended
	Jun. 30, 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.

Securities

Securities	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 3 – Securities (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value June 30, 2016 Money market fund $ 1,603 $ - $ - $ 1,603 U.S. government sponsored entities 32,144 58 - 32,202 Collateralized mortgage obligations and residential mortgage-backed securities 106,705 2,853 (22 ) 109,536 Municipal securities 91,729 6,289 - 98,018 Collateralized debt obligations 5,056 - (3,182 ) 1,874 Total securities available-for-sale $ 237,237 $ 9,200 $ (3,204 ) $ 243,233 (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 June 30, 2016 Value Yield (%) Due in one year or less $ 1,974 6.84 Due from one to five years 25,343 2.30 Due from five to ten years 34,553 4.26 Due over ten years 71,827 4.49 Collateralized mortgage obligations and residential mortgage-backed securities 109,536 2.39 Total $ 243,233 3.30 (Dollars in thousands) June 30, June 30, 2016 2015 Proceeds $ 15,613 $ 19,183 Gross gains 436 532 Gross losses (18 ) (2 ) (Dollars in thousands) Unrealized Ending balance, December 31, 2015 $ 1,378 Current period change 2,574 Ending balance, June 30, 2016 $ 3,952 Securities with carrying values of approximately $31.3 million and $31.1 million were pledged as of June 30, 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 June 30, 2016 U.S. government sponsored entities $ - $ - $ - $ - $ - $ - Collateralized mortgage obligations and residential mortgage-backed securities - - 2,570 (22 ) 2,570 (22 ) Municipal securities - - - - - - Collateralized debt obligations - - 1,874 (3,182 ) 1,874 (3,182 ) Total temporarily impaired $ - $ - $ 4,444 $ (3,204 ) $ 4,444 $ (3,204 ) Number of securities 6 6 (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	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 4 - Loans Receivable (Dollars in thousands) June 30, 2016 December 31, 2015 Loans secured by real estate: Residential, including home equity $ 211,063 $ 213,951 Commercial real estate, construction & land development, and other dwellings 274,079 259,478 Commercial participations purchased 299 310 Total loans secured by real estate 485,441 473,739 Consumer 527 535 Commercial business 72,361 68,813 Government 28,388 29,062 Subtotal 586,717 572,149 Less: Net deferred loan origination fees (184 ) (174 ) Undisbursed loan funds (406 ) (77 ) Loan receivables $ 586,127 $ 571,898 (Dollars in thousands) Residential Real Consumer Commercial 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 June 30, 2016: Allowance for loan losses: Beginning Balance $ 1,731 $ 44 $ 4,601 $ 13 $ 747 $ 72 $ 7,208 Charge-offs (164 ) (8 ) - - - - (172 ) Recoveries - 1 - - 12 - 13 Provisions 203 - 6 (4 ) 87 (4 ) 288 Ending Balance $ 1,770 $ 37 $ 4,607 $ 9 $ 846 $ 68 $ 7,337 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended June 30, 2015: Allowance for loan losses: Beginning Balance $ 1,965 $ 21 $ 3,694 $ 10 $ 815 $ 81 $ 6,586 Charge-offs (73 ) (9 ) (5 ) - - - (87 ) Recoveries - - - - 2 - 2 Provisions (364 ) 19 527 9 13 (6 ) 198 Ending Balance $ 1,528 $ 31 $ 4,216 $ 19 $ 830 $ 75 $ 6,699 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the six months ended June 30, 2016: Allowance for loan losses: Beginning Balance $ 1,711 $ 38 $ 4,422 $ 14 $ 698 $ 70 $ 6,953 Charge-offs (212 ) (12 ) - - - - (224 ) Recoveries - 4 - - 20 - 24 Provisions 271 7 185 (5 ) 128 (2 ) 584 Ending Balance $ 1,770 $ 37 $ 4,607 $ 9 $ 846 $ 68 $ 7,337 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the six months ended June 30, 2015: Allowance for loan losses: Beginning Balance $ 1,878 $ 17 $ 3,645 $ 13 $ 733 $ 75 $ 6,361 Charge-offs (101 ) (14 ) (59 ) - - - (174 ) Recoveries - 1 22 - 4 - 27 Provisions (249 ) 27 608 6 93 - 485 Ending Balance $ 1,528 $ 31 $ 4,216 $ 19 $ 830 $ 75 $ 6,699 Dollars in thousands) Residential Real Consumer Commercial Commercial Commercial Government Total The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at June 30, 2016: Ending balance: individually evaluated for impairment $ 138 $ - $ 6 $ 9 $ 263 $ - $ 416 Ending balance: collectively evaluated for impairment $ 1,632 $ 37 $ 4,601 $ - $ 583 $ 68 $ 6,921 LOAN RECEIVABLES Ending balance $ 210,880 $ 528 $ 274,080 $ 299 $ 71,952 $ 28,388 $ 586,127 Ending balance: individually evaluated for impairment $ 2,252 $ - $ 374 $ 88 $ 500 $ - $ 3,214 Ending balance: purchased credit impaired individually evaluated for impairment $ 1,364 $ - $ - $ - $ - $ - $ 1,364 Ending balance: collectively evaluated for impairment $ 207,264 $ 528 $ 273,706 $ 211 $ 71,452 $ 28,388 $ 581,549 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 June 30, 2016 and December 31, 2015: (Dollars in thousands) Corporate Credit Exposure - Credit Risk Portfolio By Creditworthiness Category Commercial Real Estate, Construction & Land Commercial Participations Purchased Commercial Business Government Loan Grades 2016 2015 2016 2015 2016 2015 2016 2015 2 Moderate risk $ 259 $ 270 $ - $ - $ 6,795 $ 6,526 $ - $ - 3 Above average acceptable risk 3,379 7,136 - - 8,099 4,313 1,000 - 4 Acceptable risk 131,448 129,353 194 199 31,530 31,735 27,388 29,062 5 Marginally acceptable risk 91,221 74,342 - - 12,389 12,225 6 Pass/monitor 41,417 38,337 17 19 11,333 11,774 - - 7 Special mention (watch) 5,949 4,707 - - 742 601 - - 8 Substandard 407 5,334 88 92 1,064 1,583 - - Total $ 274,080 $ 259,479 $ 299 $ 310 $ 71,952 $ 68,757 $ 28,388 $ 29,062 (Dollars in thousands) Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity Residential Real Estate, Including Home Equity Consumer 2016 2015 2016 2015 Performing $ 206,433 $ 209,583 $ 528 $ 535 Non-performing 4,447 4,172 - - Total $ 210,880 $ 213,755 $ 528 $ 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. Performing loans are loans that are paying as agreed and are approximately less than ninety days past due on payments of interest and principal. One residential real estate loan in the amount of $2 million was modified as a troubled debt restructuring during the second quarter of 2016. No troubled debt restructurings have subsequently defaulted during the periods presented. All of the loans classified as troubled debt restructurings are also considered impaired. The valuation basis for the Bancorp’s troubled debt restructurings is based on the present value of cash flows, unless consistent cash flows are not present, then the fair value of the collateral securing the loan is the basis for valuation. As of June 30, 2016 For the six months ended (Dollars in thousands) Recorded Unpaid Principal Related Allowance Average Recorded Investment Interest With no related allowance recorded: Residential real estate, including home equity $ 3,452 $ 5,717 $ - $ 2,882 $ 64 Commercial real estate, construction & land development, and other dwellings 356 356 - 1,855 - Commercial participations purchased - - - - - Commercial business 237 237 - 271 2 With an allowance recorded: Residential real estate, including home equity 164 164 138 171 - Commercial real estate, construction & land development, and other dwellings 18 18 6 18 - Commercial participations purchased 88 88 9 90 3 Commercial business 263 263 263 103 - Total: Residential real estate, including home equity $ 3,616 $ 5,881 $ 138 $ 3,053 $ 64 Commercial real estate, construction & land development, and other dwellings $ 374 $ 374 $ 6 $ 1,873 $ - Commercial participations purchased $ 88 $ 88 $ 9 $ 90 $ 3 Commercial business $ 500 $ 500 $ 263 $ 374 $ 2 As of December 31, 2015 For the six 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 $ - $ 1,246 $ 14 Commercial real estate, construction & land development, and other dwellings 5,075 5,075 - - - Commercial participations purchased - - - - - Commercial business 74 74 - - - With an allowance recorded: Residential real estate, including home equity 177 177 149 - - Commercial real estate, construction & land development, and other dwellings 223 223 171 5,068 43 Commercial participations purchased 92 92 14 98 4 Commercial business 22 22 22 287 2 Total: Residential real estate, including home equity $ 1,918 $ 4,914 $ 149 $ 1,246 $ 14 Commercial real estate, construction & land development, and other dwellings $ 5,298 $ 5,298 $ 171 $ 5,068 $ 43 Commercial participations purchased $ 92 $ 92 $ 14 $ 98 $ 4 Commercial business $ 96 $ 96 $ 22 $ 287 $ 2 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 Savings Bank (‘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 June 30, 2016, total purchased credit impaired loans with unpaid principal balances totaled $3.6 million with a recorded investment of $1.4 million. First Federal purchased credit impaired loans with unpaid principal balances totaled $1.7 million with a recorded investment of $787 thousand. Liberty purchased credit impaired loans with unpaid principal balances totaled $1.9 million with a recorded investment of $577 thousand. (Dollars in thousands) 30-59 Days Past 60-89 Days Past Greater Than 90 Total Past Due Current Total Loans Recorded June 30, 2016 Residential real estate, including home equity $ 4,721 $ 1,473 $ 3,607 $ 9,801 $ 201,079 $ 210,880 $ 461 Consumer - - - - 528 528 - Commercial real estate, construction & land development, and other dwellings 3,098 227 156 3,481 270,599 274,080 5 Commercial participations purchased - - 88 88 211 299 - Commercial business 389 396 168 954 70,998 71,952 - Government - - - - 28,388 28,388 - Total $ 8,208 $ 2,096 $ 4,019 $ 14,324 $ 571,803 $ 586,127 $ 466 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 (Dollars in thousands) June 30, December 31, Residential real estate, including home equity $ 3,985 $ 4,172 Consumer - - Commercial real estate, construction & land development, and other dwellings 407 915 Commercial participations purchased 88 92 Commercial business 431 22 Government - - Total $ 4,911 $ 5,201

Foreclosed Real Estate

Foreclosed Real Estate	6 Months Ended
	Jun. 30, 2016
Other Real Estate and Foreclosed Assets [Abstract]
Real Estate Disclosure [Text Block]	Note 5 - Foreclosed Real Estate (Dollars in thousands) June 30, December 31, 2016 2015 Residential real estate, including home equity $ 102 $ 496 Commercial real estate, construction & land development and other dwellings 1,014 1,014 Commercial business - 80 Total $ 1,116 $ 1,590

Goodwill, Other Intangible Asse

Goodwill, Other Intangible Assets, and Acquisition Related Accounting	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	Note 6 – Goodwill, Other Intangible Assets, and Acquisition Related Accounting The Bancorp established a goodwill balance totaling $2.8 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 $803 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. During the second quarter of 2016, original estimates related to Liberty goodwill components were adjusted. Estimates of fair values related to a pool of purchased loans were determined to be lower than originally estimated, which led to the addition of $178 thousand to goodwill. Fixed asset valuations were also determined to be higher than originally estimated, which led to a reduction of $109 thousand to goodwill. Also, the valuation of the accrued withdrawal liability for the defined benefit plan was determined to be higher than originally estimated leading to the addition of $161 thousand to goodwill. Goodwill totaled $2.8 million at June 30, 2016 compared to $2.6 million at 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 $6 thousand of amortization was taken during the six months ended June 30, 2016 and 2015. It is estimated that $6 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 $29 thousand of amortization was taken during the six months ended June 30, 2016, with no amortization occurring during the six months ended June 30, 2015. It is estimated that $29 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 $102 thousand of accretion was taken into income for the six months ended June 30, 2016, compared to $118 thousand for the six months ended June 30, 2015. It is estimated that $90 thousand of additional accretion will occur in 2016, with estimated accretion of $181 thousand occurring in 2017, and $151 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 $163 thousand of accretion was taken into income for the six months ended June 30, 2016, and it is estimated an additional $158 thousand of accretion will occur during 2016, $315 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 six months ended June 30, 2016, compared to $100 thousand of amortization expense during the six months ended June 30, 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 $44 thousand of amortization was taken as expense during the six months ended June 30, 2016. It is estimated that an additional $37 thousand of amortization will occur during 2016.

Concentrations of Credit Risk

Concentrations of Credit Risk	6 Months Ended
	Jun. 30, 2016
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	Note 7 - 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	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 8 - Earnings per Share Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. Three Months Ended Six Months Ended (Dollars in thousands, except per share data) June 30, June 30, 2016 2015 2016 2015 Basic earnings per common share: Net income as reported $ 2,242 $ 1,976 $ 4,486 $ 3,903 Weighted average common shares outstanding 2,859,003 2,851,417 2,856,938 2,850,175 Basic earnings per common share $ 0.78 $ 0.69 $ 1.57 $ 1.37 Diluted earnings per common share: Net income as reported $ 2,242 $ 1,976 $ 4,486 $ 3,903 Weighted average common shares outstanding 2,859,003 2,851,417 2,856,938 2,850,175 Add: Dilutive effect of assumed stock option exercises 750 - 750 - Weighted average common and dilutive potential common shares outstanding 2,859,753 2,851,417 2,857,688 2,850,175 Diluted earnings per common share $ 0.78 $ 0.69 $ 1.57 $ 1.37

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 9 - 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 six months ended June 30, 2016, stock based compensation expense of $67 thousand was recorded, compared to $47 thousand for the six months ended June 30, 2015. It is anticipated that current outstanding unvested options and awards will result in additional compensation expense of approximately $76 thousand in 2016 and $152 thousand in 2017. There were no incentive stock options granted during the first six 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 six months ended June 30, 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 June 30, 2016 750 $ 28.50 1.7 - Exercisable at June 30, 2016 750 $ 28.50 1.7 - There were 8,740 shares of restricted stock granted during the first six months of 2016 compared to 7,250 shares granted during the first six 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 six months ended June 30, 2016 follows: Weighted- Average Grant Date Restricted stock Shares Fair Value Nonvested at January 1, 2016 19,725 $ 25.15 Granted 8,740 30.10 Vested - - Forfeited - - Nonvested at June 30, 2016 28,465 $ 26.67

Adoption of New Accounting Stan

Adoption of New Accounting Standards	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	Note 10 - 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) To satisfy the foregoing objective, the FASB has created Topic 842, Leases, which supersedes Topic 840. In fact, current GAAP requires lessees and lessors to classify their leases as either capital leases or operating leases and to account for those leases differently, but those accounting models have been criticized for failing to meet the needs of users of financial statements because they do not always provide a faithful representation of leasing transactions. Thus, under the new guidance, Topic 842, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will depend primarily on its classification as a finance or an operating lease (i.e., the classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases under the previous guidance). However, unlike current GAAP, which requires only capital leases to be recognized on the balance sheet, ASU No. 2016-02 will require both operating and finance leases to be recognized on the balance sheet. Additionally, the ASU will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases, including qualitative and quantitative requirements. Notably, lessor accounting will remain largely unchanged from current GAAP. However, the ASU contains some targeted improvements that are intended to align, where necessary, lessor accounting with the lessee accounting model and with the updated revenue recognition guidance issued in 2014.This ASU is effective for Public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Management does not believe the adoption of this update will have a material effect on the Bancorp’s consolidated financial statements. Update Number 2016-09 – Compensation- Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. Update Number 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Financial Instruments—Credit Losses (Subtopic 825-15) Financial Instruments—Credit Losses Prior GAAP included multiple credit impairment objectives that generally delayed recognition of the full amount of credit losses until it was probable that the loss would occur. The new guidance eliminates the probable initial recognition threshold and, instead, reflects an entity’s current estimate of all expected credit losses. The new guidance broadens the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually to include forecasted information, as well as past events and current conditions. There is no specified method for measuring expected credit losses, and an entity is allowed to apply methods that reasonably reflect its expectations of the credit loss estimate. Although an entity may still use its current systems and methods for recording the allowance for credit losses, under the new rules, the inputs used to record the allowance for credit losses generally will need to change to appropriately reflect an estimate of all expected credit losses and the use of reasonable and supportable forecasts. The accounting for purchased credit impaired financial assets under the amendments will make the allowance for credit losses more comparable between originated assets and purchased financial assets, as well as reduce complexity with the accounting for interest income. Additionally, credit losses on available-for-sale debt securities will now have to be presented as an allowance rather than as a write-down. This approach is an improvement to current GAAP, because unlike current GAAP, which prohibits reflecting reversals of credit losses, an entity will be able to record reversals of credit losses in current-period net income in situations in which the estimate of credit losses declines, thereby aligning the income statement recognition of credit losses with the reporting period in which the changes occur. This ASU is effective for public entities for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Management is in the process of evaluating the impact adoption of this update will have on the Bancorp’s consolidated financial statements.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 11 - 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 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 Investments – Debt and Equity Securities (Dollars in thousands) Collateralized debt obligations other-than-temporary impairment Ending balance, December 31, 2015 $ 271 Additions not previously recognized - Ending balance, June 30, 2016 $ 271 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 CC BB CCC Number of performing banks 57 32 61 48 Number of performing insurance companies 13 7 10 n/a Number of issuers in default 19 7 2 4 Number of issuers in deferral 4 3 3 4 Defaults & deferrals as a % of performing collateral 35.76 % 23.23 % 4.38 % 15.27 % Subordination: As a % of performing collateral 9.98 % -0.36 % 47.59 % 26.92 % As a % of performing collateral - adjusted for projected future defaults 4.84 % -8.15 % 43.89 % 22.99 % Other-than-temporary impairment model assumptions: Defaults: Year 1 - issuer average 1.80 % 2.40 % 2.20 % 1.70 % Year 2 - issuer average 1.80 % 2.40 % 2.20 % 1.70 % Year 3 - issuer average 1.80 % 2.40 % 2.20 % 1.70 % > 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 June 30, 2016, 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 June 30, 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 Assets and Liabilities Measured on a Recurring Basis There were no transfers to or from Levels 1 and 2 during the six months ended June 30, 2016. (Dollars in thousands) Fair Value Measurements at June 30, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Available-for-sale debt securities: Money market fund $ 1,603 $ 1,603 $ - $ - U.S. government sponsored entities 32,202 - 32,202 - Collateralized mortgage obligations and residential mortgage-backed securities 109,536 - 109,536 - Municipal securities 98,018 - 98,018 - Collateralized debt obligations 1,874 - - 1,874 Total securities available-for-sale $ 243,233 $ 1,603 $ 239,756 $ 1,874 (Dollars in thousands) Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Estimated Quoted Prices in Assets 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 (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 (860 ) Transfers in and/or (out) of Level 3 - Ending balance, June 30, 2016 $ 1,874 (Dollars in thousands) Fair Value Measurements at June 30, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Impaired loans $ 4,162 $ - $ - $ 4,162 Foreclosed real estate 1,116 - - 1,116 (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 $4.6 million and the related specific reserves totaled approximately $416 thousand, resulting in a fair value of impaired loans totaling approximately $4.2 million, at June 30, 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. June 30, 2016 Estimated Fair Value Measurements at June 30, 2016 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 31,325 $ 31,325 $ 31,325 $ - $ - Securities available-for-sale 243,233 243,233 1,603 239,756 1,874 Loans held-for-sale 1,837 1,865 1,865 - - Loans receivable, net 578,790 576,960 - - 576,960 Federal Home Loan Bank stock 3,000 3,000 - 3,000 - Accrued interest receivable 3,001 3,001 - 3,001 - Financial liabilities: Non-interest bearing deposits 99,273 99,273 99,273 - - Interest bearing deposits 649,640 649,499 457,246 192,253 - Repurchase agreements 17,585 17,584 13,420 4,164 - Borrowed funds 39,001 39,251 1,901 37,350 - Accrued interest payable 40 40 - 40 - 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 June 30, 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)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	(Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value June 30, 2016 Money market fund $ 1,603 $ - $ - $ 1,603 U.S. government sponsored entities 32,144 58 - 32,202 Collateralized mortgage obligations and residential mortgage-backed securities 106,705 2,853 (22 ) 109,536 Municipal securities 91,729 6,289 - 98,018 Collateralized debt obligations 5,056 - (3,182 ) 1,874 Total securities available-for-sale $ 237,237 $ 9,200 $ (3,204 ) $ 243,233 (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 June 30, 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 June 30, 2016 Value Yield (%) Due in one year or less $ 1,974 6.84 Due from one to five years 25,343 2.30 Due from five to ten years 34,553 4.26 Due over ten years 71,827 4.49 Collateralized mortgage obligations and residential mortgage-backed securities 109,536 2.39 Total $ 243,233 3.30
Schedule of Realized Gain (Loss) [Table Text Block]	Sales of available-for-sale securities were as follows for the six months ended: (Dollars in thousands) June 30, June 30, 2016 2015 Proceeds $ 15,613 $ 19,183 Gross gains 436 532 Gross losses (18 ) (2 )
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 2,574 Ending balance, June 30, 2016 $ 3,952
Unrealized Gain (Loss) on Investments [Table Text Block]	Securities with gross unrealized losses at June 30, 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 June 30, 2016 U.S. government sponsored entities $ - $ - $ - $ - $ - $ - Collateralized mortgage obligations and residential mortgage-backed securities - - 2,570 (22 ) 2,570 (22 ) Municipal securities - - - - - - Collateralized debt obligations - - 1,874 (3,182 ) 1,874 (3,182 ) Total temporarily impaired $ - $ - $ 4,444 $ (3,204 ) $ 4,444 $ (3,204 ) Number of securities 6 6 (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)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Loans receivable are summarized below: (Dollars in thousands) June 30, 2016 December 31, 2015 Loans secured by real estate: Residential, including home equity $ 211,063 $ 213,951 Commercial real estate, construction & land development, and other dwellings 274,079 259,478 Commercial participations purchased 299 310 Total loans secured by real estate 485,441 473,739 Consumer 527 535 Commercial business 72,361 68,813 Government 28,388 29,062 Subtotal 586,717 572,149 Less: Net deferred loan origination fees (184 ) (174 ) Undisbursed loan funds (406 ) (77 ) Loan receivables $ 586,127 $ 571,898
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(Dollars in thousands) Residential Real Consumer Commercial 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 June 30, 2016: Allowance for loan losses: Beginning Balance $ 1,731 $ 44 $ 4,601 $ 13 $ 747 $ 72 $ 7,208 Charge-offs (164 ) (8 ) - - - - (172 ) Recoveries - 1 - - 12 - 13 Provisions 203 - 6 (4 ) 87 (4 ) 288 Ending Balance $ 1,770 $ 37 $ 4,607 $ 9 $ 846 $ 68 $ 7,337 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended June 30, 2015: Allowance for loan losses: Beginning Balance $ 1,965 $ 21 $ 3,694 $ 10 $ 815 $ 81 $ 6,586 Charge-offs (73 ) (9 ) (5 ) - - - (87 ) Recoveries - - - - 2 - 2 Provisions (364 ) 19 527 9 13 (6 ) 198 Ending Balance $ 1,528 $ 31 $ 4,216 $ 19 $ 830 $ 75 $ 6,699 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the six months ended June 30, 2016: Allowance for loan losses: Beginning Balance $ 1,711 $ 38 $ 4,422 $ 14 $ 698 $ 70 $ 6,953 Charge-offs (212 ) (12 ) - - - - (224 ) Recoveries - 4 - - 20 - 24 Provisions 271 7 185 (5 ) 128 (2 ) 584 Ending Balance $ 1,770 $ 37 $ 4,607 $ 9 $ 846 $ 68 $ 7,337 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the six months ended June 30, 2015: Allowance for loan losses: Beginning Balance $ 1,878 $ 17 $ 3,645 $ 13 $ 733 $ 75 $ 6,361 Charge-offs (101 ) (14 ) (59 ) - - - (174 ) Recoveries - 1 22 - 4 - 27 Provisions (249 ) 27 608 6 93 - 485 Ending Balance $ 1,528 $ 31 $ 4,216 $ 19 $ 830 $ 75 $ 6,699 Dollars in thousands) Residential Real Consumer Commercial Commercial Commercial Government Total The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at June 30, 2016: Ending balance: individually evaluated for impairment $ 138 $ - $ 6 $ 9 $ 263 $ - $ 416 Ending balance: collectively evaluated for impairment $ 1,632 $ 37 $ 4,601 $ - $ 583 $ 68 $ 6,921 LOAN RECEIVABLES Ending balance $ 210,880 $ 528 $ 274,080 $ 299 $ 71,952 $ 28,388 $ 586,127 Ending balance: individually evaluated for impairment $ 2,252 $ - $ 374 $ 88 $ 500 $ - $ 3,214 Ending balance: purchased credit impaired individually evaluated for impairment $ 1,364 $ - $ - $ - $ - $ - $ 1,364 Ending balance: collectively evaluated for impairment $ 207,264 $ 528 $ 273,706 $ 211 $ 71,452 $ 28,388 $ 581,549 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 June 30, 2016 and December 31, 2015: (Dollars in thousands) Corporate Credit Exposure - Credit Risk Portfolio By Creditworthiness Category Commercial Real Estate, Construction & Land Commercial Participations Purchased Commercial Business Government Loan Grades 2016 2015 2016 2015 2016 2015 2016 2015 2 Moderate risk $ 259 $ 270 $ - $ - $ 6,795 $ 6,526 $ - $ - 3 Above average acceptable risk 3,379 7,136 - - 8,099 4,313 1,000 - 4 Acceptable risk 131,448 129,353 194 199 31,530 31,735 27,388 29,062 5 Marginally acceptable risk 91,221 74,342 - - 12,389 12,225 6 Pass/monitor 41,417 38,337 17 19 11,333 11,774 - - 7 Special mention (watch) 5,949 4,707 - - 742 601 - - 8 Substandard 407 5,334 88 92 1,064 1,583 - - Total $ 274,080 $ 259,479 $ 299 $ 310 $ 71,952 $ 68,757 $ 28,388 $ 29,062 (Dollars in thousands) Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity Residential Real Estate, Including Home Equity Consumer 2016 2015 2016 2015 Performing $ 206,433 $ 209,583 $ 528 $ 535 Non-performing 4,447 4,172 - - Total $ 210,880 $ 213,755 $ 528 $ 535
Impaired Financing Receivables [Table Text Block]	The Bancorp's individually evaluated impaired loans are summarized below: As of June 30, 2016 For the six months ended (Dollars in thousands) Recorded Unpaid Principal Related Allowance Average Recorded Investment Interest With no related allowance recorded: Residential real estate, including home equity $ 3,452 $ 5,717 $ - $ 2,882 $ 64 Commercial real estate, construction & land development, and other dwellings 356 356 - 1,855 - Commercial participations purchased - - - - - Commercial business 237 237 - 271 2 With an allowance recorded: Residential real estate, including home equity 164 164 138 171 - Commercial real estate, construction & land development, and other dwellings 18 18 6 18 - Commercial participations purchased 88 88 9 90 3 Commercial business 263 263 263 103 - Total: Residential real estate, including home equity $ 3,616 $ 5,881 $ 138 $ 3,053 $ 64 Commercial real estate, construction & land development, and other dwellings $ 374 $ 374 $ 6 $ 1,873 $ - Commercial participations purchased $ 88 $ 88 $ 9 $ 90 $ 3 Commercial business $ 500 $ 500 $ 263 $ 374 $ 2 As of December 31, 2015 For the six 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 $ - $ 1,246 $ 14 Commercial real estate, construction & land development, and other dwellings 5,075 5,075 - - - Commercial participations purchased - - - - - Commercial business 74 74 - - - With an allowance recorded: Residential real estate, including home equity 177 177 149 - - Commercial real estate, construction & land development, and other dwellings 223 223 171 5,068 43 Commercial participations purchased 92 92 14 98 4 Commercial business 22 22 22 287 2 Total: Residential real estate, including home equity $ 1,918 $ 4,914 $ 149 $ 1,246 $ 14 Commercial real estate, construction & land development, and other dwellings $ 5,298 $ 5,298 $ 171 $ 5,068 $ 43 Commercial participations purchased $ 92 $ 92 $ 14 $ 98 $ 4 Commercial business $ 96 $ 96 $ 22 $ 287 $ 2
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 June 30, 2016 Residential real estate, including home equity $ 4,721 $ 1,473 $ 3,607 $ 9,801 $ 201,079 $ 210,880 $ 461 Consumer - - - - 528 528 - Commercial real estate, construction & land development, and other dwellings 3,098 227 156 3,481 270,599 274,080 5 Commercial participations purchased - - 88 88 211 299 - Commercial business 389 396 168 954 70,998 71,952 - Government - - - - 28,388 28,388 - Total $ 8,208 $ 2,096 $ 4,019 $ 14,324 $ 571,803 $ 586,127 $ 466 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) June 30, December 31, Residential real estate, including home equity $ 3,985 $ 4,172 Consumer - - Commercial real estate, construction & land development, and other dwellings 407 915 Commercial participations purchased 88 92 Commercial business 431 22 Government - - Total $ 4,911 $ 5,201

Foreclosed Real Estate (Tables)

Foreclosed Real Estate (Tables)	6 Months Ended
	Jun. 30, 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) June 30, December 31, 2016 2015 Residential real estate, including home equity $ 102 $ 496 Commercial real estate, construction & land development and other dwellings 1,014 1,014 Commercial business - 80 Total $ 1,116 $ 1,590

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the three and six months ended June 30, 2016 and 2015 are as follows: Three Months Ended Six Months Ended (Dollars in thousands, except per share data) June 30, June 30, 2016 2015 2016 2015 Basic earnings per common share: Net income as reported $ 2,242 $ 1,976 $ 4,486 $ 3,903 Weighted average common shares outstanding 2,859,003 2,851,417 2,856,938 2,850,175 Basic earnings per common share $ 0.78 $ 0.69 $ 1.57 $ 1.37 Diluted earnings per common share: Net income as reported $ 2,242 $ 1,976 $ 4,486 $ 3,903 Weighted average common shares outstanding 2,859,003 2,851,417 2,856,938 2,850,175 Add: Dilutive effect of assumed stock option exercises 750 - 750 - Weighted average common and dilutive potential common shares outstanding 2,859,753 2,851,417 2,857,688 2,850,175 Diluted earnings per common share $ 0.78 $ 0.69 $ 1.57 $ 1.37

Stock Based Compensation (Table

Stock Based Compensation (Tables)	6 Months Ended
	Jun. 30, 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 six months ended June 30, 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 June 30, 2016 750 $ 28.50 1.7 - Exercisable at June 30, 2016 750 $ 28.50 1.7 -
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 six months ended June 30, 2016 follows: Weighted- Average Grant Date Restricted stock Shares Fair Value Nonvested at January 1, 2016 19,725 $ 25.15 Granted 8,740 30.10 Vested - - Forfeited - - Nonvested at June 30, 2016 28,465 $ 26.67

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 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, June 30, 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 June 30, 2016: 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 CC BB CCC Number of performing banks 57 32 61 48 Number of performing insurance companies 13 7 10 n/a Number of issuers in default 19 7 2 4 Number of issuers in deferral 4 3 3 4 Defaults & deferrals as a % of performing collateral 35.76 % 23.23 % 4.38 % 15.27 % Subordination: As a % of performing collateral 9.98 % -0.36 % 47.59 % 26.92 % As a % of performing collateral - adjusted for projected future defaults 4.84 % -8.15 % 43.89 % 22.99 % Other-than-temporary impairment model assumptions: Defaults: Year 1 - issuer average 1.80 % 2.40 % 2.20 % 1.70 % Year 2 - issuer average 1.80 % 2.40 % 2.20 % 1.70 % Year 3 - issuer average 1.80 % 2.40 % 2.20 % 1.70 % > 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 June 30, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Available-for-sale debt securities: Money market fund $ 1,603 $ 1,603 $ - $ - U.S. government sponsored entities 32,202 - 32,202 - Collateralized mortgage obligations and residential mortgage-backed securities 109,536 - 109,536 - Municipal securities 98,018 - 98,018 - Collateralized debt obligations 1,874 - - 1,874 Total securities available-for-sale $ 243,233 $ 1,603 $ 239,756 $ 1,874 (Dollars in thousands) Fair Value Measurements at December 31, 2015 Using (Dollars in thousands) Estimated Quoted Prices in Assets 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 (860 ) Transfers in and/or (out) of Level 3 - Ending balance, June 30, 2016 $ 1,874
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 June 30, 2016 Using (Dollars in thousands) Estimated Quoted Prices in Significant Other Significant Impaired loans $ 4,162 $ - $ - $ 4,162 Foreclosed real estate 1,116 - - 1,116 (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. June 30, 2016 Estimated Fair Value Measurements at June 30, 2016 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 31,325 $ 31,325 $ 31,325 $ - $ - Securities available-for-sale 243,233 243,233 1,603 239,756 1,874 Loans held-for-sale 1,837 1,865 1,865 - - Loans receivable, net 578,790 576,960 - - 576,960 Federal Home Loan Bank stock 3,000 3,000 - 3,000 - Accrued interest receivable 3,001 3,001 - 3,001 - Financial liabilities: Non-interest bearing deposits 99,273 99,273 99,273 - - Interest bearing deposits 649,640 649,499 457,246 192,253 - Repurchase agreements 17,585 17,584 13,420 4,164 - Borrowed funds 39,001 39,251 1,901 37,350 - Accrued interest payable 40 40 - 40 - 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 -

Securities (Details)

Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	$ 237,237	$ 231,251
Gross Unrealized Gains	9,200	5,008
Gross Unrealized Losses	(3,204)	(2,909)
Estimated Fair Value	243,233	233,350
U.S. government sponsored entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	32,144	17,496
Gross Unrealized Gains	58	1
Gross Unrealized Losses	0	(66)
Estimated Fair Value	32,202	17,431
Collateralized mortgage obligations and residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	106,705	118,628
Gross Unrealized Gains	2,853	1,021
Gross Unrealized Losses	(22)	(476)
Estimated Fair Value	109,536	119,173
Collateralized Debt Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	5,056	5,096
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,182)	(2,362)
Estimated Fair Value	1,874	2,734
Money market fund [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	1,603	525
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	1,603	525
Municipal securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	91,729	89,506
Gross Unrealized Gains	6,289	3,986
Gross Unrealized Losses	0	(5)
Estimated Fair Value	$ 98,018	$ 93,487

Securities (Details 1)

Securities (Details 1) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Contractual Maturities Of Available For Sale Debt Securities [Line Items]
Estimated Fair Value, Due in one year or less	$ 1,974
Estimated Fair Value, Due from one to five years	25,343
Estimated Fair Value, Due from five to ten years	34,553
Estimated Fair Value, Due over ten years	71,827
Estimated Fair Value, Total	$ 243,233	$ 233,350
Tax-Equivalent Yield, Due in one year or less	6.84%
Tax-Equivalent Yield, Due from one to five years	2.30%
Tax-Equivalent Yield, Due from five to ten years	4.26%
Tax-Equivalent Yield, Due over ten years	4.49%
Tax-Equivalent Yield, Total	3.30%
Collateralized mortgage obligations and residential mortgage-backed securities [Member]
Contractual Maturities Of Available For Sale Debt Securities [Line Items]
Estimated Fair Value, Total	$ 109,536	$ 119,173
Tax-Equivalent Yield, Total	2.39%

Securities (Details 2)

Securities (Details 2) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Realized Gain Loss [Line Items]
Proceeds	$ 15,613	$ 19,183
Gross gains	436	532
Gross losses	$ (18)	$ (2)

Securities (Details 3)

Securities (Details 3) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance, December 31, 2015	$ 1,378
Current period change	2,574
Ending balance, June 30, 2016	$ 3,952

Securities (Details 4)

Securities (Details 4) $ in Thousands	Jun. 30, 2016USD ($)Securities	Dec. 31, 2015USD ($)Securities
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	$ 0	$ 50,327
Unrealized Losses, Less than 12 months	0	(303)
Estimated Fair Value, 12 months or longer	4,444	10,779
Unrealized Losses, 12 months or longer	(3,204)	(2,606)
Estimated Fair Value, Total	4,444	61,106
Unrealized Losses, Total	$ (3,204)	$ (2,909)
Number of securities, Unrealized Losses, Less than 12 months | Securities		37
Number of securities, Unrealized Losses, 12 months or longer | Securities	6	11
Number of securities, Unrealized Losses, Total | Securities	6	48
U.S. government sponsored entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	$ 0	$ 9,429
Unrealized Losses, Less than 12 months	0	(66)
Estimated Fair Value, 12 months or longer	0	0
Unrealized Losses, 12 months or longer	0	0
Estimated Fair Value, Total	0	9,429
Unrealized Losses, Total	0	(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	2,570	8,045
Unrealized Losses, 12 months or longer	(22)	(244)
Estimated Fair Value, Total	2,570	47,431
Unrealized Losses, Total	(22)	(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	1,874	2,734
Unrealized Losses, 12 months or longer	(3,182)	(2,362)
Estimated Fair Value, Total	1,874	2,734
Unrealized Losses, Total	(3,182)	(2,362)
Municipal securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value, Less than 12 months	0	1,512
Unrealized Losses, Less than 12 months	0	(5)
Estimated Fair Value, 12 months or longer	0	0
Unrealized Losses, 12 months or longer	0	0
Estimated Fair Value, Total	0	1,512
Unrealized Losses, Total	$ 0	$ (5)

Securities (Details Textual)

Securities (Details Textual) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Trading Securities Pledged as Collateral	$ 31.3	$ 31.1

Loans Receivable (Details)

Loans Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Subtotal	$ 586,717	$ 572,149
Less: Net deferred loan origination fees	(184)	(174)
Less: Undisbursed loan funds	(406)	(77)
Loan receivables	586,127	571,898
Loans secured by real estate:
Total loans secured by real estate	485,441	473,739
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable before Fees, Gross	527	535
Commercial business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable before Fees, Gross	72,361	68,813
Government [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable before Fees, Gross	28,388	29,062
Residential Including Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan receivables	210,880	213,755
Loans secured by real estate:
Total loans secured by real estate	211,063	213,951
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan receivables	274,080	259,479
Loans secured by real estate:
Total loans secured by real estate	274,079	259,478
Commercial Participations Purchased [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan receivables	299	310
Loans secured by real estate:
Total loans secured by real estate	$ 299	$ 310

Loans Receivable (Details 1)

Loans Receivable (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Allowance for loan losses:
Beginning Balance	$ 7,208	$ 6,586	$ 6,953	$ 6,361
Charge-offs	(172)	(87)	(224)	(174)
Recoveries	13	2	24	27
Provisions	288	198	584	485
Ending Balance	7,337	6,699	7,337	6,699
Ending balance: individually evaluated for impairment	416		416		$ 356
Ending balance: collectively evaluated for impairment	6,921		6,921		6,597
LOAN RECEIVABLES
Ending balance	586,127		586,127		571,898
Ending balance: individually evaluated for impairment	3,214		3,214		5,713
Ending balance: purchased credit impaired individually evaluated for impairment	1,364		1,364		1,691
Ending balance: collectively evaluated for impairment	581,549		581,549		564,494
Government loans [Member]
Allowance for loan losses:
Beginning Balance	72	81	70	75
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions	(4)	(6)	(2)	0
Ending Balance	68	75	68	75
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	68		68		70
LOAN RECEIVABLES
Ending balance	28,388		28,388		29,062
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: purchased credit impaired individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	28,388		28,388		29,062
Residential Real Estate Including Home Equity [Member]
Allowance for loan losses:
Beginning Balance	1,731	1,965	1,711	1,878
Charge-offs	(164)	(73)	(212)	(101)
Recoveries	0	0	0	0
Provisions	203	(364)	271	(249)
Ending Balance	1,770	1,528	1,770	1,528
Ending balance: individually evaluated for impairment	138		138		149
Ending balance: collectively evaluated for impairment	1,632		1,632		1,562
LOAN RECEIVABLES
Ending balance	210,880		210,880		213,755
Ending balance: individually evaluated for impairment	2,252		2,252		227
Ending balance: purchased credit impaired individually evaluated for impairment	1,364		1,364		1,691
Ending balance: collectively evaluated for impairment	207,264		207,264		211,837
Consumer Loan [Member]
Allowance for loan losses:
Beginning Balance	44	21	38	17
Charge-offs	(8)	(9)	(12)	(14)
Recoveries	1	0	4	1
Provisions	0	19	7	27
Ending Balance	37	31	37	31
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	37		37		38
LOAN RECEIVABLES
Ending balance	528		528		535
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: purchased credit impaired individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	528		528		535
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Allowance for loan losses:
Beginning Balance	4,601	3,694	4,422	3,645
Charge-offs	0	(5)	0	(59)
Recoveries	0	0	0	22
Provisions	6	527	185	608
Ending Balance	4,607	4,216	4,607	4,216
Ending balance: individually evaluated for impairment	6		6		171
Ending balance: collectively evaluated for impairment	4,601		4,601		4,251
LOAN RECEIVABLES
Ending balance	274,080		274,080		259,479
Ending balance: individually evaluated for impairment	374		374		5,298
Ending balance: purchased credit impaired individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	273,706		273,706		254,181
Commercial Participations Purchased [Member]
Allowance for loan losses:
Beginning Balance	13	10	14	13
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provisions	(4)	9	(5)	6
Ending Balance	9	19	9	19
Ending balance: individually evaluated for impairment	9		9		14
Ending balance: collectively evaluated for impairment	0		0		0
LOAN RECEIVABLES
Ending balance	299		299		310
Ending balance: individually evaluated for impairment	88		88		92
Ending balance: purchased credit impaired individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	211		211		218
Commercial business [Member]
Allowance for loan losses:
Beginning Balance	747	815	698	733
Charge-offs	0	0	0	0
Recoveries	12	2	20	4
Provisions	87	13	128	93
Ending Balance	846	$ 830	846	$ 830
Ending balance: individually evaluated for impairment	263		263		22
Ending balance: collectively evaluated for impairment	583		583		676
LOAN RECEIVABLES
Ending balance	71,952		71,952		68,757
Ending balance: individually evaluated for impairment	500		500		96
Ending balance: purchased credit impaired individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	$ 71,452		$ 71,452		$ 68,661

Loans Receivable (Details 2)

Loans Receivable (Details 2) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	$ 28,388	$ 29,062
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	274,080	259,479
Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	299	310
Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	71,952	68,757
Residential Real Estate [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	210,880	213,755
Consumer Loan [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	528	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	259	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	6,795	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	3,379	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	8,099	4,313
Acceptable Risk [Member] | Government loans [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	27,388	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	131,448	129,353
Acceptable Risk [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	194	199
Acceptable Risk [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	31,530	31,735
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	91,221	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	12,389	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	41,417	38,337
Pass/monitor [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	17	19
Pass/monitor [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	11,333	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	5,949	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	742	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	407	5,334
Substandard [Member] | Commercial Participations Purchased [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	88	92
Substandard [Member] | Commercial business [Member] | Corporate Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	1,064	1,583
Performing Financing Receivable [Member] | Residential Real Estate [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	206,433	209,583
Performing Financing Receivable [Member] | Consumer Loan [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	528	535
Non-performing Financing Receivable [Member] | Residential Real Estate [Member] | Consumer Credit Exposure [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable	4,447	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	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Residential Real Estate Including Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 3,616		$ 1,918
Unpaid Principal Balance	5,881		4,914
Related Allowance	138		149
Average Recorded Investment	3,053	$ 1,246
Interest Income Recognized	64	14
Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	374		5,298
Unpaid Principal Balance	374		5,298
Related Allowance	6		171
Average Recorded Investment	1,873	5,068
Interest Income Recognized	0	43
Commercial Participations Purchased [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	88		92
Unpaid Principal Balance	88		92
Related Allowance	9		14
Average Recorded Investment	90	98
Interest Income Recognized	3	4
Commercial business [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	500		96
Unpaid Principal Balance	500		96
Related Allowance	263		22
Average Recorded Investment	374	287
Interest Income Recognized	2	2
Impaired Loans With No Related Allowance [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	3,452		1,741
Unpaid Principal Balance	5,717		4,737
Related Allowance	0		0
Average Recorded Investment	2,882	1,246
Interest Income Recognized	64	14
Impaired Loans With No Related Allowance [Member] | Commercial Real Estate, Construction & Land Development, and Other Dwellings [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	356		5,075
Unpaid Principal Balance	356		5,075
Related Allowance	0		0
Average Recorded Investment	1,855	0
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	237		74
Unpaid Principal Balance	237		74
Related Allowance	0		0
Average Recorded Investment	271	0
Interest Income Recognized	2	0
Impaired Loans With Related Allowance [Member] | Residential Real Estate Including Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	164		177
Unpaid Principal Balance	164		177
Related Allowance	138		149
Average Recorded Investment	171	0
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	6		171
Average Recorded Investment	18	5,068
Interest Income Recognized	0	43
Impaired Loans With Related Allowance [Member] | Commercial Participations Purchased [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	88		92
Unpaid Principal Balance	88		92
Related Allowance	9		14
Average Recorded Investment	90	98
Interest Income Recognized	3	4
Impaired Loans With Related Allowance [Member] | Commercial business [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	263		22
Unpaid Principal Balance	263		22
Related Allowance	263		$ 22
Average Recorded Investment	103	287
Interest Income Recognized	$ 0	$ 2

Loans Receivable (Details 4)

Loans Receivable (Details 4) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 14,324	$ 12,323
Current	571,803	559,575
Total Loans	586,127	571,898
Recorded Investments Greater than 90 Days and Accruing	466	377
Government loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	28,388	29,062
Total Loans	28,388	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	9,801	11,044
Current	201,079	202,711
Total Loans	210,880	213,755
Recorded Investments Greater than 90 Days and Accruing	461	377
Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	528	535
Total Loans	528	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	3,481	921
Current	270,599	258,558
Total Loans	274,080	259,479
Recorded Investments Greater than 90 Days and Accruing	5	0
Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	88	92
Current	211	218
Total Loans	299	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	954	266
Current	70,998	68,491
Total Loans	71,952	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	8,208	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	4,721	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	3,098	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	389	67
Financing Receivables, 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,096	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	1,473	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	227	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	396	177
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,019	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	3,607	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	156	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	88	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	$ 168	$ 22

Loans Receivable (Details 5)

Loans Receivable (Details 5) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	$ 4,911	$ 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	3,985	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	407	915
Commercial Participations Purchased [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	88	92
Commercial business [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables on nonaccrual status	$ 431	$ 22

Loans Receivable (Details Textu

Loans Receivable (Details Textual) $ in Thousands	Jun. 30, 2016USD ($)
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 2,000
First Federal Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance, Total	1,700
Impaired Financing Receivable, Recorded Investment, Total	787
Liberty Savings [Member]
Financing Receivable, Modifications [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance, Total	1,900
Impaired Financing Receivable, Recorded Investment, Total	577
Impaired Loans [Member]
Financing Receivable, Modifications [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance, Total	3,600
Impaired Financing Receivable, Recorded Investment, Total	$ 1,400

Foreclosed Real Estate (Details

Foreclosed Real Estate (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Real Estate Properties [Line Items]
Foreclosed real estate	$ 1,116	$ 1,590
Residential Real Estate Including Home Equity [Member]
Real Estate Properties [Line Items]
Foreclosed real estate	102	496
Commercial Real Estate Construction And Land Development And Other Dwellings [Member]
Real Estate Properties [Line Items]
Foreclosed real estate	1,014	1,014
Commercial Business [Member]
Real Estate Properties [Line Items]
Foreclosed real estate	$ 0	$ 80

Goodwill, Other Intangible As39

Goodwill, Other Intangible Assets, and Acquisition Related Accounting (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Indefinite-lived Intangible Assets [Line Items]
Goodwill	$ 2,792		$ 2,792		$ 2,561
Pool Of Purchased Loans [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill, Purchase Accounting Adjustments			178
Fixed Assets Valuations [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill, Purchase Accounting Adjustments			109
Accrued WithDrawal Liability [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill, Purchase Accounting Adjustments			161
During 2016 [Member] | Certificates of Deposit [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense			37
First Federal Acquisition [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill	2,000		2,000
Amortization of Intangible Assets			6	$ 6
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				100
First Federal Acquisition [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense			$ 102	118
First Federal Acquisition [Member] | Loans Receivable [Member] | Home Equity Line of Credit [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
First Federal Acquisition [Member] | During 2016 [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	6		$ 6
First Federal Acquisition [Member] | During 2016 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion (Amortization) of Discounts and Premiums, Investments			90
First Federal Acquisition [Member] | During 2017 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	181
First Federal Acquisition [Member] | During 2018 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense	151
First Federal Acquisition [Member] | Through 2022 [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	60		60
Core Deposits [Member] | First Federal Acquisition [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Core Deposits, Gross	93		$ 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			$ 803
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			$ 44
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			$ 163
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			158
Liberty Savings [Member] | Through 2018 [Member] | Loans Receivable [Member]
Indefinite-lived Intangible Assets [Line Items]
Accretion Expense			315
Liberty Savings [Member] | Core Deposits [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-Lived Core Deposits, Gross	$ 471		$ 471
Finite-Lived Intangible Asset, Useful Life			8 years 2 months 12 days
Amortization of Intangible Assets			$ 29	$ 0
Liberty Savings [Member] | Core Deposits [Member] | During 2016 [Member]
Indefinite-lived Intangible Assets [Line Items]
Amortization of Intangible Assets			29
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		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Basic earnings per common share:
Net income as reported	$ 2,242	$ 1,976	$ 4,486	$ 3,903
Weighted average common shares outstanding	2,859,003	2,851,417	2,856,938	2,850,175
Basic earnings per common share	$ 0.78	$ 0.69	$ 1.57	$ 1.37
Diluted earnings per common share:
Net income as reported	$ 2,242	$ 1,976	$ 4,486	$ 3,903
Weighted average common shares outstanding..	2,859,003	2,851,417	2,856,938	2,850,175
Add: Dilutive effect of assumed stock option exercises	750	0	750	0
Weighted average common and dilutive potential common shares outstanding	2,859,753	2,851,417	2,857,688	2,850,175
Diluted earnings per common share	$ 0.78	$ 0.69	$ 1.57	$ 1.37

Stock Based Compensation (Detai

Stock Based Compensation (Details) - Employee Stock Option [Member]	6 Months Ended
	Jun. 30, 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	$ 28.5
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	28.5
Weighted-Average Exercise Price - Exercisable at December (in dollars per share) | $ / shares	$ 28.5
Weighted-Average Remaining Contractual Term - Outstanding at end of period (in years)	1 year 8 months 12 days
Weighted-Average Remaining Contractual Term - Exercisable at December (in years)	1 year 8 months 12 days
Aggregate Intrinsic Value - Outstanding at end of period (in dollars) | $	$ 0
Aggregate Intrinsic Value - Exercisable at December (in dollars) | $	$ 0

Stock Based Compensation (Det42

Stock Based Compensation (Details 1) - Restricted Stock [Member]	6 Months Ended
	Jun. 30, 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	8,740
Shares - Vested (in shares) | shares	0
Shares - Forfeited (in shares) | shares	0
Shares - Nonvested at June 30, 2016 (in shares) | shares	28,465
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	30.1
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 June 30, 2016 (in dollars per share) | $ / shares	$ 26.67

Stock Based Compensation (Det43

Stock Based Compensation (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 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	8,740	7,250
Allocated Share-based Compensation Expense	$ 67	$ 47
Share-based Compensation Expense, Estimated for Remainder of Fiscal Year	76
Share-based Compensation Expense, Estimated for Year Two	$ 152

Fair Value (Details)

Fair Value (Details) $ in Thousands	6 Months Ended
	Jun. 30, 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, June 30, 2016	$ 271

Fair Value (Details 1)

Fair Value (Details 1) $ in Thousands		6 Months Ended
		Jun. 30, 2016USD ($)Number	Dec. 31, 2015USD ($)
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		35.76%
Subordination:
As a % of performing collateral		9.98%
As a % of performing collateral - adjusted for projected future defaults		4.84%
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		CC
Number of performing banks		32
Number of performing insurance companies		7
Number of issuers in default		7
Number of issuers in deferral		3
Defaults & deferrals as a % of performing collateral		23.23%
Subordination:
As a % of performing collateral		(0.36%)
As a % of performing collateral - adjusted for projected future defaults		(8.15%)
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		2.40%
Year 2 - issuer average		2.40%
Year 3 - issuer average		2.40%
> 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		61
Number of performing insurance companies		10
Number of issuers in default		2
Number of issuers in deferral		3
Defaults & deferrals as a % of performing collateral		4.38%
Subordination:
As a % of performing collateral		47.59%
As a % of performing collateral - adjusted for projected future defaults		43.89%
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		2.20%
Year 2 - issuer average		2.20%
Year 3 - issuer average		2.20%
> 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		15.27%
Subordination:
As a % of performing collateral		26.92%
As a % of performing collateral - adjusted for projected future defaults		22.99%
Other-than-temporary impairment model assumptions:
Year 1 - issuer average		1.70%
Year 2 - issuer average		1.70%
Year 3 - issuer average		1.70%
> 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	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 243,233	$ 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	1,603	525
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	239,756	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	1,874	2,734
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	243,233	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	1,603	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	239,756	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	1,874	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	1,603	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	1,603	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	98,018	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	98,018	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	32,202	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	32,202	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	109,536	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	109,536	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	1,874	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	$ 1,874	$ 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	6 Months Ended	12 Months Ended
	Jun. 30, 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 (losses), included in other comprehensive income	(860)	302
Transfers in and/or (out) of Level 3	0	0
Ending balance	$ 1,874	$ 2,734

Fair Value (Details 4)

Fair Value (Details 4) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Impaired Loans [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	$ 4,162	$ 7,048
Foreclosed Real Estate [Member]
Fair Value Asset Measured On Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	1,116	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	4,162	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	$ 1,116	$ 1,590

Fair Value (Details 5)

Fair Value (Details 5) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financial assets, Carrying value:
Cash and cash equivalents - Carrying Value	$ 31,325	$ 11,533
Securities available-for-sale - Carrying Value	243,233	233,350
Loans held-for-sale - Carrying Value	1,837	2,435
Loans receivable, net - Carrying Value	578,790	564,945
Federal Home Loan Bank stock - Carrying Value	3,000	3,000
Accrued interest receivable - Carrying Value	3,001	3,000
Financial liabilities, Carrying value:
Non-interest bearing deposits - Carrying Value	99,273	100,031
Interest bearing deposits - Carrying Value	649,640	614,844
Repurchase agreements - Carrying Value	17,585	18,508
Borrowed funds - Carrying Value	39,001	39,493
Accrued interest payable - Carrying Value	40	45
Financial assets, Fair value:
Cash and cash equivalents - Estimated Fair Value	31,325	11,533
Securities available-for-sale - Estimated Fair Value	243,233	233,350
Loans held-for-sale - Estimated Fair Value	1,865	2,504
Loans receivable, net - Estimated Fair Value	576,960	561,122
Federal Home Loan Bank stock - Estimated Fair Value	3,000	3,000
Accrued interest receivable - Estimated Fair Value	3,001	3,000
Financial liabilities, Fair value:
Non-interest bearing deposits - Estimated Fair Value	99,273	100,031
Interest bearing deposits - Estimated Fair Value	649,499	614,226
Repurchase agreements - Estimated Fair Value	17,584	18,476
Borrowed funds - Estimated Fair Value	39,251	39,504
Accrued interest payable - Estimated Fair Value	40	45
Fair Value, Inputs, Level 1 [Member]
Financial assets, Fair value:
Cash and cash equivalents - Estimated Fair Value	31,325	11,533
Securities available-for-sale - Estimated Fair Value	1,603	525
Loans held-for-sale - Estimated Fair Value	1,865	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	99,273	100,031
Interest bearing deposits - Estimated Fair Value	457,246	420,354
Repurchase agreements - Estimated Fair Value	13,420	13,628
Borrowed funds - Estimated Fair Value	1,901	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	239,756	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	3,001	3,000
Financial liabilities, Fair value:
Non-interest bearing deposits - Estimated Fair Value	0	0
Interest bearing deposits - Estimated Fair Value	192,253	193,872
Repurchase agreements - Estimated Fair Value	4,164	4,848
Borrowed funds - Estimated Fair Value	37,350	39,111
Accrued interest payable - Estimated Fair Value	40	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	1,874	2,734
Loans held-for-sale - Estimated Fair Value	0	0
Loans receivable, net - Estimated Fair Value	576,960	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	Jun. 30, 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	4,600	$ 7,400
Impaired Financing Receivable, Reserve	416	356
Impaired Financing Receivable, Fair Value	$ 4,200	$ 7,000