U.S. GSE debt securities
Debt Security Category [Axis]
U.S. Government securities
U.S. GSE preferred stock
States and political subdivisions [Member]
Available for sale Securities
MajorTypesOfDebtAndEquitySecurities [Axis]
Held to maturity Securities
Debt Security [Axis]
Fair Value Level 1
Fair Value, Hierarchy [Axis]
Fair Value Level 2
Carrying Amount
Eligible Item or Group for Fair Value Option [Axis]
Fair Value
Commercial and industrial
Financial Instrument [Axis]
Commercial Real Estate
Residential real estate - 1st lien
Residential real estate - Jr lien
Consumer
Residential Real Estate - 1st Lien
Troubled Debt Restructuring, Debtor, Subsequent Periods [Axis]
Commercial and industrial
Commercial Real Estate
Residential Real Estate
Class of Financing Receivable [Axis]
Residential Real Estate Jr Lien
Consumer
Unallocated
External Credit Rating by Grouping [Axis]
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Axis]
Fair Value Level 3
Agency mortgage-backed securities (Agency MBS)
Mortgage Backed Securities
Other investments
Commercial
Document And Entity Information
Entity Registrant Name
Entity Central Index Key
Document Type
Document Period End Date
Amendment Flag
Current Fiscal Year End Date
Is Entity a Well-known Seasoned Issuer
Is Entity a Voluntary Filer
Is Entity's Reporting Status Current
Entity Filer Category
Entity Common Stock, Shares Outstanding
Document Fiscal Period Focus
Document Fiscal Year Focus
Statement of Financial Position [Abstract]
Assets
Cash and due from banks
Federal funds sold and overnight deposits
Total cash and cash equivalents
Securities held-to-maturity (fair value $26,055,000 at 06/30/15, $42,234,000 at 12/31/14 and $23,373,000 at 06/30/14)
Securities available-for-sale
Restricted equity securities, at cost
Loans held-for-sale
Loans
Allowance for loan losses
Deferred net loan costs
Net loans
Bank premises and equipment, net
Accrued interest receivable
Bank owned life insurance (BOLI)
Core deposit intangible
Goodwill
Other real estate owned (OREO)
Other assets
Total assets
Liabilities and Shareholders' Equity
Liabilities
Deposits:
Demand, non-interest bearing
Interest-bearing transaction accounts
Money market funds
Savings
Time deposits, $100,000 and over
Other time deposits
Total deposits
Federal funds purchased and other borrowed funds
Repurchase agreements
Capital lease obligations
Junior subordinated debentures
Accrued interest and other liabilities
Total liabilities
Shareholders' Equity
Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding ($100,000 liquidation value)
Common stock - $2.50 par value; 15,000,000 shares authorized 5,176,128 shares issued at 06/30/15, 5,142,475 shares issued at 12/31/14 and 5,110,096 shares issued at 06/30/14
Additional paid-in capital
Retained earnings
Accumulated other comprehensive (loss) income
Less: treasury stock, at cost; 210,101 shares at 06/30/15, 12/31/14 and 06/30/14
Total shareholders' equity
Total liabilities and shareholders' equity
Securities held-to-maturity, fair value
Shareholder's Equity
Preferred stock, shares authorized (in shares)
Preferred stock, shares issued (in shares)
Preferred stock, shares outstanding (in shares)
Preferred stock liquidation value
Common stock par value (in dollars per share)
Common stock, shares authorized (in shares)
Common stock, shares issued (in shares)
Treasury stock (in shares)
Income Statement [Abstract]
Interest income
Interest and fees on loans
Interest on debt securities
Taxable
Tax-exempt
Dividends
Interest on federal funds sold and overnight deposits
Total interest income
Interest expense
Interest on deposits
Interest on federal funds purchased and other borrowed funds
Interest on repurchase agreements
Interest on junior subordinated debentures
Total interest expense
Net interest income
Provision for loan losses
Net interest income after provision for loan losses
Non-interest income
Service fees
Income from sold loans
Other income from loans
Net realized gain on sale of securities available-for-sale
Other income
Total non-interest income
Non-interest expense
Salaries and wages
Employee benefits
Occupancy expenses, net
Other expenses
Total non-interest expense
Income before income taxes
Income tax expense
Net income
Earnings per common share
Weighted average number of common shares used in computing earnings per share
Dividends declared per common share
Book value per common share outstanding
Statement of Comprehensive Income [Abstract]
Net income
Other comprehensive (loss) income, net of tax:
Unrealized holding (loss) gain on available-for-sale securities arising during the period
Reclassification adjustment for gain realized in income
Net change in unrealized (loss) gain
Tax effect
Other comprehensive (loss) income, net of tax
Total comprehensive income
Statement of Cash Flows [Abstract]
Cash Flows from Operating Activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, bank premises and equipment
Deferred income tax
Gain on sale of securities available-for-sale
Gain on sale of loans
(Gain) loss on sale of OREO
Gain on Trust LLC
Amortization of bond premium, net
Write down of OREO
Proceeds from sales of loans held for sale
Originations of loans held for sale
(Decrease) increase in taxes payable
Decrease in interest receivable
Decrease in mortgage servicing rights
Increase in other assets
Increase in cash surrender value of BOLI
Amortization of core deposit intangible
Amortization of limited partnerships
(Increase) decrease in unamortized loan costs
Decrease in interest payable
Decrease in accrued expenses
Decrease in other liabilities
Net cash provided by operating activities
Cash Flows from Investing Activities:
Investments - held-to-maturity
Maturities and pay downs
Purchases
Investments - available-for-sale Maturities, calls, pay downs and sales
Purchases
Proceeds from redemption of restricted equity securities
Increase in limited partnership contributions payable
Increase in limited partnerships
Increase in loans, net
Capital expenditures of bank premises and equipment
Proceeds from sales of OREO
Recoveries of loans charged off
Net cash provided by investing activities
Cash Flows from Financing Activities:
Net decrease in demand and interest-bearing transaction accounts
Net decrease in money market and savings accounts
Net (decrease) increase in time deposits
Net decrease in repurchase agreements
Net increase in short-term borrowings
Proceeds from long-term borrowings
Decrease in capital lease obligations
Dividends paid on preferred stock
Dividends paid on common stock
Net cash used in financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents:
Beginning
Ending
Supplemental Schedule of Cash Paid During the Period:
Interest
Income taxes
Supplemental Schedule of Noncash Investing and Financing Activities:
Change in unrealized gain on securities available-for-sale
Loans transferred to OREO
Common Shares Dividends Paid:
Dividends declared
Increase in dividends payable attributable to dividends declared
Dividends reinvested
Total
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Note 1. Basis of Presentation and Consolidation
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Note 2. Recent Accounting Developments
Earnings Per Share [Abstract]
Note 3. Earnings per Common Share
Investment Securities
Note 4. Investment Securities
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Note 5. Loans, Allowance for Loan Losses and Credit Quality
Goodwill and Intangible Assets Disclosure [Abstract]
Note 6. Goodwill and Other Intangible Assets
Fair Value Disclosures [Abstract]
Note 7. Fair Value
Transfers and Servicing of Financial Assets [Abstract]
Note 8. Loan Servicing
Legal Proceedings
Note 9. Legal Proceedings
Subsequent Events [Abstract]
Note 10. Subsequent Event
Basis of Presentation and Consolidation
Recent Accounting Developments
Schedule Of Earnings Per Share
Investment Securities Tables
Schedule Of Available For Sale Securities
Schedule Of Held to Maturity Securities
Schedule of Maturities of Debt Securities Available for Sale
Schedule Of Maturities of Debt Securities Held to Maturity
Schedule Of Unrealized Loss
Composition of net loans
Past due loans by segment
Changes in the allowance for loan losses
Impaired loans by segment
Risk ratings
Loans modified as TDRs
TDRs payment default
Schedule of Future Amortization Expense
Schedule Of Fair Value Assets and Liabilities On Recurring Basis
Schedule of Fair Value Assets and Liabilities Non-recurring Basis
Schedule Of Estimated Fair Values Of Financial Instruments
Schedule Of Mortgage Servicing Rights
Net income, as reported
Less: dividends to preferred shareholders
Net income available to common shareholders
Weighted average number of common shares used in calculating earnings per share
Statement [Table]
Statement [Line Items]
Available for sale Securities
Amortized Cost - Available for sale Securities
Gross Unrealized Gains - Available for sale Securities
Gross Unrealized Losses - Available for sale Securities
Fair Value - Available for sale Securities
Held-to-Maturity Securities
Amortized Cost - Held-to-Maturity
Gross Unrealized Gains - Held-to-Maturity
Gross Unrealized Losses - Held-to-Maturity
Fair Value - Held-to-Maturity
Major Types of Debt and Equity Securities [Axis]
Amortized Cost
Due in one year or less, Amortized Cost
Due from one to five years, Amortized Cost
Due from five to ten years, Amortized Cost
Agency MBS*
Due after ten years, Amortized Cost
Amortization Cost of Debt
Fair Value
Due in one year or less, fair value
Due from one to five years, fair value
Due from five to ten years, fair value
Agency MBS*
Due after ten years, fair value
Fair value of debt
Fair Value Less than 12 months
Unrealized Loss Less than 12 months
Fair Value 12 months or more
Unrealized Loss 12 months or more
Fair Value
Unrealized Loss
Number of securities
Loans and Leases Receivable Disclosure [Abstract]
Commercial & industrial
Commercial real estate
Residential real estate - 1st lien
Residential real estate - Jr. lien
Consumer
Gross Loans
Allowance for loan losses
Deferred net loan costs
Total Adjustments
30-89 Days
90 Days or more
Total Past Due
Current
Total Loans
Non-Accrual Loans
90 Days or More and Accruing
Class of Financing Receivable, Type [Axis]
Allowance for loan losses, Beginning balance
Charge-offs
Recoveries
Provisions (credit)
Allowance for loan losses, Ending balance
Allowance for loan losses evaluated for impairment, Individually
Allowance for loan losses evaluated for impairment, Collectively
Allowance for loan losses
Loans evaluated for impairment, Individually
Loans evaluated for impairment, Collectively
Total Loans
Recorded Investment With no related allowance recorded
Recorded Investment With an allowance recorded
Recorded Investment
Unpaid Principal Balance With no related allowance recorded
Unpaid Principal Balance With an allowance recorded
Unpaid Principal Balance allowance recorded
Related Allowance With no related allowance recorded
Related Allowance With an allowance recorded
Related Allowance recorded
Average Recorded Investment With no related allowance recorded
Average Recorded Investment With an allowance recorded
Average Recorded Investment Allowance recorded
Group A
Group B
Group C
Number of Contracts modified as TDRs
Pre-Modification Outstanding Recorded Investment
Post- Modification Outstanding Recorded Investment
Number of Contracts
Recorded Investment
Allowance related to TDRs
Residential mortgage loans in process of foreclosure
Commitment to lend additional funds
2015
2016
2017
Total remaining core deposit intangible
Accumulated amortization expense
Amortization expense for the core deposit intangible
Assets: (market approach)
U.S. GSE debt securities
U.S. Government securities
Agency MBS
Other investments
Total
Residential mortgage servicing rights
Impaired loans, net of related allowance
OREO
Financial assets: (Dollars in Thousands)
Cash and cash equivalents
Securities held-to-maturity
Securities available-for-sale
Restricted equity securities
Loans and loans held-for-sale
Commercial & Industrial
Commercial real estate
Residential real estate - 1st lien
Residential real estate - Jr. lien
Consumer
Mortgage servicing rights
Accrued interest receivable
Financial liabilities: (Dollars in Thousands)
Deposits
Deposits, Other deposits
Deposits, Brokered deposits
Federal funds purchased and short-term borrowings
Long-term borrowings
Repurchase agreements
Capital lease obligations
Subordinated debentures
Accrued interest payable
Balance at beginning of year
Mortgage servicing rights capitalized
Mortgage servicing rights amortized
Change in valuation allowance
Balance at end of period
Subsequent Event Details
Dividend accrued
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Decrease in limited partnership contributions payable.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Securities held-to-maturity.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Decrease in interest payable.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Custom Element.
Commercial Portfolio Segment [Member]
Commercial Real Estate Portfolio Segment [Member]
Consumer Portfolio Segment [Member]
Cash, Cash Equivalents, and Federal Funds Sold
RestrictedEquityStock
Loans and Leases Receivable, Net Amount
Assets [Default Label]
Deposits
Liabilities [Default Label]
Treasury Stock, Value
Stockholders' Equity Attributable to Parent
Liabilities and Equity
Interest and Dividend Income, Operating
Interest Expense
Interest Income (Expense), after Provision for Loan Loss
Noninterest Income
Noninterest Expense
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Gain (Loss) on Sales of Loans, Net
Gains (Losses) on Sales of Other Real Estate
GainLossOnLlc
Payments for Origination and Purchases of Loans Held-for-sale
Increase (Decrease) in Accrued Interest Receivable, Net
Increase (Decrease) in Other Operating Assets
Life Insurance, Corporate or Bank Owned, Change in Value
Increase (Decrease) in Loans, Deferred Income
IncreaseDecreaseInInterestPayableDeposits
Net Cash Provided by (Used in) Operating Activities
Payments to Acquire Held-to-maturity Securities
Payments to Acquire Available-for-sale Securities
Payments for (Proceeds from) Loans and Leases
Payments to Acquire Productive Assets
Net Cash Provided by (Used in) Investing Activities
Repayments of Long-term Capital Lease Obligations
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
Payments of Ordinary Dividends, Common Stock
Net Cash Provided by (Used in) Financing Activities
Cash and Cash Equivalents, Period Increase (Decrease)
Dividends, Common Stock
Available-for-sale Securities [Abstract]
FairValue
AgencyMbsFairValue
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
ResidentialRealEstate1StLien
Loans and Leases Receivable, Gross, Consumer
Loans and Leases Receivable, Gross
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment
AllowanceForLoanLosses
Financing Receivable, Individually Evaluated for Impairment
Financing Receivable, Collectively Evaluated for Impairment
Financing Receivable, Modifications, Subsequent Default, Recorded Investment
U.S.GSEDebtSecuritiesFairValue
USGovernmentSecuritiesFairValue
OtherInvestmentsFairValueAmout
AvailableForSaleSecuritiesFairValueDisclosure1
CommercialRealEstateLoansFairValueDisclosure
ResidentialRealEstate1StLienLoansFairValueDisclosure
ResidentialRealEstateJrLienLoansFairValueDisclosure
ConsumerLoansFairValueDisclosure
Accrued Investment Income Receivable
Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure
Debt and Capital Lease Obligations
Servicing Asset at Amortized Cost
Amortization of Mortgage Servicing Rights (MSRs)