Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Measurement [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 and 2014.

December 31, 2015	Total		Level 1		Level 2		Level 3
U.S. Treasury securities	$	20,186	$	20,186	$	—	$	—
Securities of U.S. government agencies and corporations		33,997		—		33,997		—
Obligations of states and political subdivisions		25,709		—		25,709		—
Collateralized mortgage obligations		10,932		—		10,932		—
Mortgage-backed securities		92,527		—		92,527		—
Total investments at fair value	$	183,351	$	20,186	$	163,165	$	—

December 31, 2014	Total		Level 1		Level 2		Level 3
Securities of U.S. government agencies and corporations	$	28,429	$	—	$	28,429	$	—
Obligations of states and political subdivisions		20,763		—		20,763		—
Collateralized mortgage obligations		12,553		—		12,553		—
Mortgage-backed securities		89,481		—		89,481		—
Total investments at fair value	$	151,226	$	—	$	151,226	$	—

Assets Measured at Fair Value on a Non-recurring Basis

Assets Recorded at Fair Value on a Non-recurring Basis

Assets measured at fair value on a non-recurring basis are included in the table below by level within the fair value hierarchy as of December 31, 2015 and 2014.

December 31, 2015	Total		Level 1		Level 2		Level 3
Impaired loans	$	841	$	—	$	—	$	841
Total assets at fair value	$	841	$	—	$	—	$	841

December 31, 2014	Total		Level 1		Level 2		Level 3
Impaired loans	$	568	$	—	$	—	$	568
Other real estate owned		736		—		—		736
Total assets at fair value	$	1,304	$	—	$	—	$	1,304

Methods and Assumptions Used in Measuring Fair Value of Assets and Liabilities

Key methods and assumptions used in measuring the fair value of impaired loans and loan servicing rights as of December 31, 2015 and 2014 were as follows:

	Method	Assumption Inputs
Impaired loans	Collateral, market, income,  enterprise, liquidation and discounted cash flows	External appraised values, management assumptions regarding market trends or other relevant factors; selling costs ranging 6% to 7%.
Other real estate owned	Collateral	External appraised values, management assumptions regarding market trends or other relevant factors; selling costs ranging 6% to 11%.