Federal Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Federal Income Taxes [Abstract]

Schedule Of Deferred Tax Assets And Liabilities

(Dollars in thousands)	December 31
Deferred Tax Assets	2015		2014
Allowance for loan losses	$	3,429	$	3,098
Deferred compensation		1,017		1,041
Purchase accounting		22		21
Deferred loan fees and costs, net		160		160
Capital loss carryover		813		1,013
Other than temporary impairment of investments		376		369
Accumulated other comprehensive loss		1,917		1,597
AMT Credit		192		192
Other		423		750
		8,349		8,241
Valuation allowance		(1,000)		(1,200)
Total gross deferred tax assets		7,349		7,041
Deferred Tax Liabilities
Core deposit intangibles		-		61
Depreciation		334		233
Joint ventures and partnerships		37		39
Pension		2,199		2,331
Mortgage servicing rights		21		49
Total gross deferred tax liabilities		2,591		2,713
Net deferred tax asset	$	4,758	$	4,328

Schedule Of Components Of Income Tax Expense (Benefit)

	For the Years Ended December 31
(Dollars in thousands)	2015		2014		2013
Current tax expense	$	2,382	$	1,712	$	947
Deferred tax expense (benefit)		(111)		294		348
Income tax provision	$	2,271	$	2,006	$	1,295

Schedule Of Effective Income Tax Rate Reconciliation

	For the Years Ended December 31
(Dollars in thousands)	2015		2014		2013
Tax provision at statutory rate (34%)	$	4,241	$	3,539	$	2,559
Income on tax-exempt loans and securities		(1,566)		(1,466)		(1,212)
Nondeductible interest expense relating to carrying  tax-exempt obligations		22		28		30
Dividends received exclusion		(2)		(7)		(15)
Income from bank owned life insurance		(182)		(163)		(185)
Life insurance proceeds		(35)		-		111
Change in valuation allowance		(200)		-		-
Stock option compensation		25		-		-
Other, net		(32)		75		7
Income tax provision	$	2,271	$	2,006	$	1,295
Effective income tax rate		18.2%		19.3%		17.2%