Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule Of Net Deferred Tax Assets

The net deferred tax asset at December 31, 2015 and 2014 consisted of the following components:

	December 31,
	2015		2014
	(in thousands)
Deferred tax assets:
Allowance for loan losses	$	1,678	$	1,727
Deferred compensation	116		120
Accrued postretirement benefits	47		47
Home equity origination costs	59		51
Interest rate swap	—		98
Other real estate owned valuation allowance	80		—
Nonaccrual interest	211		215
Other	120		176
	$	2,311	$	2,434
Deferred tax liabilities:
Property and equipment	$	812	$	405
Securities available for sale	522		756
	$	1,334	$	1,161
Net deferred tax asset	$	977	$	1,273

Schedule Of Components Of Income Tax Expense

Income tax expense for the years ended December 31, 2015, 2014 and 2013 consisted of the following components:

	December 31,
	2015		2014		2013
	(in thousands)
Current tax expense	$	2,001	$	1,926	$	1,198
Deferred tax expense	432		142		1,190
	$	2,433	$	2,068	$	2,388

Schedule Of Income Tax Reconciliation

The following table reconciles income tax expense to the statutory federal corporate income tax amount, which was calculated by applying the federal corporate income tax rate to pre-tax income for the years ended December 31, 2015, 2014 and 2013.

	December 31,
	2015			2014			2013
	(in thousands)
Statutory federal corporate tax amount	$	3,172		$	3,131		$	3,246
Tax-exempt interest (income)	(404		)	(454		)	(495		)
Officer insurance loss (income)	11			9			(82		)
Net tax credits	(105		)	(593		)	(312		)
Other	(241		)	(25		)	31
	$	2,433		$	2,068		$	2,388