Fair Values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Investments, All Other Investments [Abstract]

Schedule of Estimated Fair Values of Recognized Financial Instruments

The estimated fair values of recognized financial instruments as of March 31, 2016 and December 31, 2015 are as follows:

(Dollars in thousands)	Carrying Value		Level I		Level II		Level III		Total Fair Value
March 31, 2016
Financial assets
Cash and cash equivalents	$	27,371	$	27,371	$	—	$	—	$	27,371
Securities available-for-sale		122,242		1,067		121,175		—		122,242
Securities held-to-maturity		27,025		—		27,660		—		27,660
Restricted stock		4,614		4,614				—		4,614
Loans held for sale		128		128		—		—		128
Net loans		428,448		—		—		432,379		432,379
Bank-owned life insurance		10,152		10,152		—		—		10,152
Accrued interest receivable		1,696		1,696		—		—		1,696
Mortgage servicing rights		244		—		—		244		244
Financial liabilities
Deposits	$	509,980	$	392,304	$	—	$	118,248	$	510,552
Short-term borrowings		48,787		48,787		—				48,787
Other borrowings		13,332		—		—		13,672		13,672
Accrued interest payable		78		78		—		—		78
December 31, 2015
Financial assets
Cash and cash equivalents	$	38,272	$	38,272	$	—	$	—	$	38,272
Securities available-for-sale		127,969		1,064		126,905		—		127,969
Securities held-to-maturity		33,819		—		34,011		—		34,011
Restricted stock		4,614		4,614		—		—		4,614
Loans held for sale		47		47		—		—		47
Net loans		418,209		—		—		420,181		420,181
Bank-owned life insurance		10,085		10,085		—		—		10,085
Accrued interest receivable		1,513		1,513		—		—		1,513
Mortgage servicing rights		246		—		—		246		246
Financial liabilities
Deposits	$	525,042	$	405,776	$	—	$	119,867	$	525,643
Short-term borrowings		48,598		48,598		—		—		48,598
Other borrowings		13,465		—		—		13,667		13,667
Accrued interest payable		80		80		—		—		80