Federal Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Federal Income Taxes [Abstract]

Schedule Of Deferred Tax Assets And Liabilities

(Dollars in thousands)	December 31
Deferred Tax Assets	2016		2015
Allowance for loan losses	$	3,766	$	3,429
Deferred compensation		986		1,017
Purchase accounting		23		22
Deferred loan fees and costs, net		160		160
Capital loss carryover		280		813
Other than temporary impairment of investments		260		376
Accumulated other comprehensive loss		2,171		1,917
AMT Credit		-		192
Depreciation		45		-
Other		561		423
		8,252		8,349
Valuation allowance		(467)		(1,000)
Total gross deferred tax assets		7,785		7,349
Deferred Tax Liabilities
Depreciation		-		334
Joint ventures and partnerships		36		21
Pension		1,886		2,199
Mortgage servicing rights		19		37
Total gross deferred tax liabilities		1,941		2,591
Net deferred tax asset	$	5,844	$	4,758

Schedule Of Components Of Income Tax Expense (Benefit)

	For the Years Ended December 31
(Dollars in thousands)	2016		2015		2014
Current tax expense	$	2,134	$	2,382	$	1,712
Deferred tax expense (benefit)		(832)		(111)		294
Income tax provision	$	1,302	$	2,271	$	2,006

Schedule Of Effective Income Tax Rate Reconciliation

	For the Years Ended December 31
(Dollars in thousands)	2016		2015		2014
Tax provision at statutory rate (34%)	$	3,192	$	4,241	$	3,539
Income on tax-exempt loans and securities		(1,751)		(1,566)		(1,466)
Nondeductible interest expense relating to carrying  tax-exempt obligations		24		22		28
Dividends received exclusion		-		(2)		(7)
Income from bank owned life insurance		(210)		(182)		(163)
Life insurance proceeds		-		(35)		-
Change in valuation allowance		-		(200)		-
Stock option compensation		30		25		-
Other, net		17		(32)		75
Income tax provision	$	1,302	$	2,271	$	2,006
Effective income tax rate		13.9%		18.2%		19.3%