Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Sep. 30, 2018 | Oct. 29, 2018 | |
Document Information [Line Items] | ||
Entity Registrant Name | CITIZENS & NORTHERN CORP | |
Entity Central Index Key | 810,958 | |
Trading Symbol | cznc | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Emerging Growth Company | false | |
Entity Small Business | false | |
Entity Common Stock, Shares Outstanding (in shares) | 12,298,357 | |
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2018 | |
Document Fiscal Year Focus | 2,018 | |
Document Fiscal Period Focus | Q3 | |
Amendment Flag | false |
Consolidated Balance Sheets (Cu
Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Sep. 30, 2018 | Dec. 31, 2017 |
ASSETS | ||
Noninterest-bearing | $ 20,978,000 | $ 25,664,000 |
Interest-bearing | 17,363,000 | 14,580,000 |
Total cash and due from banks | 38,341,000 | 40,244,000 |
Available-for-sale debt securities, at fair value | 358,706,000 | 355,937,000 |
Marketable equity security | 941,000 | 971,000 |
Loans held for sale | 551,000 | 765,000 |
Loans receivable | 822,532,000 | 815,713,000 |
Allowance for loan losses | (8,815,000) | (8,856,000) |
Loans, net | 813,717,000 | 806,857,000 |
Bank-owned life insurance | 18,935,000 | 20,083,000 |
Accrued interest receivable | 4,279,000 | 4,048,000 |
Bank premises and equipment, net | 14,824,000 | 15,432,000 |
Foreclosed assets held for sale | 2,678,000 | 1,598,000 |
Deferred tax asset, net | 5,122,000 | 3,289,000 |
Intangible assets - Goodwill and core deposit intangibles | 11,951,000 | 11,954,000 |
Other assets | 15,394,000 | 15,781,000 |
TOTAL ASSETS | 1,285,439,000 | 1,276,959,000 |
LIABILITIES | ||
Noninterest-bearing | 260,961,000 | 241,214,000 |
Interest-bearing | 782,986,000 | 767,235,000 |
Total deposits | 1,043,947,000 | 1,008,449,000 |
Short-term borrowings | 8,421,000 | 61,766,000 |
Long-term borrowings | 32,985,000 | 9,189,000 |
Accrued interest and other liabilities | 10,099,000 | 9,112,000 |
TOTAL LIABILITIES | 1,095,452,000 | 1,088,516,000 |
STOCKHOLDERS' EQUITY | ||
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued | 0 | 0 |
Common stock, par value $1.00 per share; authorized 20,000,000 shares; issued 12,655,171; outstanding 12,297,274 at September 30, 2018 and 12,214,525 December 31, 2017 | 12,655,000 | 12,655,000 |
Paid-in capital | 72,197,000 | 72,035,000 |
Retained earnings | 120,283,000 | 113,608,000 |
Treasury stock, at cost; 357,897 shares at September 30, 2018 and 440,646 shares at December 31, 2017 | (6,780,000) | (8,348,000) |
Accumulated other comprehensive loss | (8,368,000) | (1,507,000) |
TOTAL STOCKHOLDERS' EQUITY | 189,987,000 | 188,443,000 |
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY | $ 1,285,439,000 | $ 1,276,959,000 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Sep. 30, 2018 | Dec. 31, 2017 |
Preferred stock, par value (in dollars per share) | $ 1,000 | $ 1,000 |
Preferred stock, authorized shares (in shares) | 30,000 | 30,000 |
Preferred stock, liquidation preference per share (in dollars per share) | $ 1,000 | $ 1,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 1 | $ 1 |
Common stock, shares authorized (in shares) | 20,000,000 | 20,000,000 |
Common stock, shares issued (in shares) | 12,655,171 | 12,655,171 |
Common stock, shares outstanding (in shares) | 12,297,274 | 12,214,525 |
Treasury stock, shares (in shares) | 357,897 | 440,646 |
Consolidated Statements of Inco
Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | ||
Interest and fees on loans: | |||||
Taxable | $ 9,754 | $ 8,889 | $ 28,530 | $ 25,872 | |
Tax-exempt | 561 | 531 | 1,677 | 1,482 | |
Interest on mortgages held for sale | 3 | 10 | 9 | 20 | |
Interest on balances with depository institutions | 173 | 67 | 319 | 140 | |
Income from available-for-sale debt securities: | |||||
Taxable | 1,624 | 1,335 | 4,368 | 4,090 | |
Tax-exempt | 680 | 789 | 2,105 | 2,459 | |
Dividends on marketable equity security | 5 | 5 | 16 | 15 | |
Total interest and dividend income | 12,800 | 11,626 | 37,024 | 34,078 | |
INTEREST EXPENSE | |||||
Interest on deposits | 1,033 | 639 | 2,641 | 1,735 | |
Interest on short-term borrowings | 39 | 9 | 320 | 131 | |
Interest on long-term borrowings | 169 | 337 | 352 | 1,050 | |
Total interest expense | 1,241 | 985 | 3,313 | 2,916 | |
Net interest income | 11,559 | 10,641 | 33,711 | 31,162 | |
Provision for loan losses | 60 | 322 | 332 | 778 | |
Net interest income after provision for loan losses | 11,499 | 10,319 | 33,379 | 30,384 | |
NONINTEREST INCOME | |||||
Brokerage revenue | 235 | 187 | 718 | 551 | |
Insurance commissions, fees and premiums | 15 | 26 | 72 | 98 | |
Net gains from sale of loans | 164 | 297 | 514 | 651 | |
Increase in cash surrender value of life insurance | 100 | 97 | 295 | 281 | |
Other noninterest income | 361 | 288 | 1,340 | 1,013 | |
Sub-total | 4,462 | 4,066 | 13,557 | 12,036 | |
Gain on restricted equity security | 571 | 0 | 2,321 | 0 | |
Realized (losses) gains on available-for-sale debt securities, net | (2) | 5 | (284) | 257 | |
Total noninterest income | 5,031 | 4,071 | 15,594 | 12,293 | |
NONINTEREST EXPENSE | |||||
Salaries and wages | 4,263 | 3,985 | 12,580 | 11,825 | |
Pensions and other employee benefits | 1,237 | 1,209 | 4,047 | 3,870 | |
Occupancy expense, net | 648 | 580 | 1,898 | 1,758 | |
Furniture and equipment expense | 317 | 340 | 901 | 968 | |
Data processing expenses | 667 | 595 | 2,002 | 1,785 | |
Automated teller machine and interchange expense | 347 | 346 | 988 | 945 | |
Pennsylvania shares tax | 326 | 336 | 998 | 1,008 | |
Professional fees | 305 | 224 | 860 | 599 | |
Telecommunications | 177 | 143 | 567 | 409 | |
Directors' fees | 197 | 177 | 549 | 548 | |
Other noninterest expense | 1,349 | 1,257 | 4,022 | 3,851 | |
Total noninterest expense | 9,833 | 9,192 | 29,412 | 27,566 | |
Income before income tax provision | 6,697 | 5,198 | 19,561 | 15,111 | |
Income tax provision | 1,111 | 1,262 | 3,229 | 3,620 | |
NET INCOME | $ 5,586 | $ 3,936 | $ 16,332 | $ 11,491 | |
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) | [1] | $ 0.45 | $ 0.32 | $ 1.33 | $ 0.94 |
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) | [1] | $ 0.45 | $ 0.32 | $ 1.33 | $ 0.94 |
Trust and Asset Management [Member] | |||||
NONINTEREST INCOME | |||||
Revenue | $ 1,427 | $ 1,292 | $ 4,375 | $ 3,969 | |
Deposit Account [Member] | |||||
NONINTEREST INCOME | |||||
Revenue | 1,331 | 1,186 | 3,837 | 3,399 | |
Service Charges and Fees [Member] | |||||
NONINTEREST INCOME | |||||
Revenue | 95 | 97 | 263 | 263 | |
Debit Card [Member] | |||||
NONINTEREST INCOME | |||||
Revenue | 660 | 561 | 1,880 | 1,649 | |
Bank Servicing [Member] | |||||
NONINTEREST INCOME | |||||
Revenue | $ 74 | $ 35 | $ 263 | $ 162 | |
[1] | Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Net income | $ 5,586 | $ 3,936 | $ 16,332 | $ 11,491 |
Unrealized (losses) gains on available-for-sale securities: | ||||
Unrealized holding (losses) gains on available-for-sale securities | (2,567) | (213) | (8,698) | 2,067 |
Reclassification adjustment for losses (gains) realized in income | 2 | (5) | 284 | (257) |
Other comprehensive (loss) gain on available-for-sale securities | (2,565) | (218) | (8,414) | 1,810 |
Unfunded pension and postretirement obligations: | ||||
Changes from plan amendments and actuarial gains and losses included in accumulated other comprehensive gain | 0 | 0 | 93 | 166 |
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost | (3) | (6) | (13) | (18) |
Other comprehensive (loss) gain on unfunded retirement obligations | (3) | (6) | 80 | 148 |
Other comprehensive (loss) income before income tax | (2,568) | (224) | (8,334) | 1,958 |
Income tax related to other comprehensive loss (income) | 539 | 78 | 1,750 | (686) |
Net other comprehensive (loss) income | (2,029) | (146) | (6,584) | 1,272 |
Comprehensive income | $ 3,557 | $ 3,790 | $ 9,748 | $ 12,763 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 9 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net income | $ 16,332 | $ 11,491 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Provision for loan losses | 332 | 778 |
Realized losses (gains) on available-for-sale securities, net | 284 | (257) |
Unrealized loss on marketable equity security | 30 | 0 |
Gain on restricted equity security | (2,321) | 0 |
Depreciation and amortization expense | 1,317 | 1,239 |
Accretion and amortization on securities, net | 747 | 866 |
Increase in cash surrender value of life insurance | (295) | (281) |
Stock-based compensation and other expense | 500 | 475 |
Deferred income taxes | (83) | 112 |
Decrease in fair value of servicing rights | 58 | 145 |
Gains on sales of loans, net | (514) | (651) |
Origination of loans for sale | (16,029) | (19,277) |
Proceeds from sales of loans | 16,617 | 19,473 |
Decrease in accrued interest receivable and other assets | 138 | 207 |
Increase in accrued interest payable and other liabilities | 1,067 | 624 |
Other | 277 | 86 |
Net Cash Provided by Operating Activities | 18,457 | 15,030 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||
Proceeds from maturities of certificates of deposit | 2,280 | 348 |
Purchase of certificates of deposit | (1,350) | (100) |
Proceeds from sales of available-for-sale securities | 17,755 | 24,118 |
Proceeds from calls and maturities of available-for-sale securities | 36,648 | 47,285 |
Purchase of available-for-sale securities | (66,617) | (40,211) |
Redemption of Federal Home Loan Bank of Pittsburgh stock | 4,283 | 5,487 |
Purchase of Federal Home Loan Bank of Pittsburgh stock | (2,874) | (4,725) |
Net increase in loans | (9,674) | (50,128) |
Proceeds from sale of restricted equity security | 884 | 0 |
Proceeds from bank owned life insurance | 1,443 | 0 |
Purchase of premises and equipment | (962) | (1,209) |
Proceeds from sale of foreclosed assets | 1,381 | 1,035 |
Other | 128 | 144 |
Net Cash Used in Investing Activities | (16,675) | (17,956) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Net increase in deposits | 35,498 | 37,782 |
Net decrease in short-term borrowings | (53,345) | (18,436) |
Proceeds from long-term borrowings | 24,000 | 3,000 |
Repayments of long-term borrowings | (204) | (10,198) |
Sale of treasury stock | 93 | 98 |
Common dividends paid | (8,797) | (8,331) |
Net Cash (Used in) Provided by Financing Activities | (2,755) | 3,915 |
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | (973) | 989 |
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR | 37,004 | 28,621 |
CASH AND CASH EQUIVALENTS, END OF PERIOD | 36,031 | 29,610 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
Accrued sale of restricted equity security | 1,437 | 0 |
Assets acquired through foreclosure of real estate loans | 2,489 | 608 |
Interest paid | 3,245 | 2,942 |
Income taxes paid | $ 2,777 | $ 3,163 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Common Stock [Member] | Treasury Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Total | |
Balance (in shares) at Dec. 31, 2016 | 12,655,171 | 541,943 | |||||
Balance at Dec. 31, 2016 | $ 12,655 | $ (10,269) | $ 71,730 | $ 112,790 | $ (898) | $ 186,008 | |
Net income | 11,491 | 11,491 | |||||
Other comprehensive income (loss), net | 1,272 | 1,272 | |||||
Cash dividends declared on common stock | (9,445) | (9,445) | |||||
Shares issued for dividend reinvestment plan (in shares) | (48,092) | ||||||
Shares issued for dividend reinvestment plan | $ 911 | 203 | 1,114 | ||||
Shares issued from treasury and redeemed related to exercise of stock options (in shares) | (9,681) | ||||||
Shares issued from treasury and redeemed related to exercise of stock options | $ 184 | (86) | 98 | ||||
Restricted stock granted (in shares) | (30,782) | ||||||
Restricted stock granted | $ 583 | (583) | 0 | ||||
Forfeiture of restricted stock (in shares) | 4,256 | ||||||
Forfeiture of restricted stock | $ (79) | 79 | 0 | ||||
Stock-based compensation expense | 475 | 475 | |||||
Balance (in shares) at Sep. 30, 2017 | 12,655,171 | 457,644 | |||||
Balance at Sep. 30, 2017 | $ 12,655 | $ (8,670) | 71,818 | 114,836 | 374 | 191,013 | |
Balance at Jun. 30, 2017 | 520 | ||||||
Net income | 3,936 | ||||||
Other comprehensive income (loss), net | (146) | (146) | |||||
Balance (in shares) at Sep. 30, 2017 | 12,655,171 | 457,644 | |||||
Balance at Sep. 30, 2017 | $ 12,655 | $ (8,670) | 71,818 | 114,836 | 374 | 191,013 | |
Balance (in shares) at Dec. 31, 2017 | 12,655,171 | 440,646 | |||||
Balance at Dec. 31, 2017 | $ 12,655 | $ (8,348) | 72,035 | 113,608 | (1,507) | 188,443 | |
Impact of change in enacted income tax rate (a) (Accounting Standards Update 2018-02 Member) at Dec. 31, 2017 | [1] | 325 | (325) | 0 | |||
Impact of change in enacted income tax rate (a) (Accounting Standards Update 2017-08 [Member]) at Dec. 31, 2017 | [2] | (26) | 26 | 0 | |||
Impact of change in enacted income tax rate (a) (Accounting Standards Update 2016-01 [Member]) at Dec. 31, 2017 | [3] | (22) | 22 | 0 | |||
Net income | 16,332 | 16,332 | |||||
Other comprehensive income (loss), net | (6,584) | (6,584) | |||||
Cash dividends declared on common stock | (9,934) | (9,934) | |||||
Shares issued for dividend reinvestment plan (in shares) | (45,283) | ||||||
Shares issued for dividend reinvestment plan | $ 858 | 279 | 1,137 | ||||
Shares issued from treasury and redeemed related to exercise of stock options (in shares) | (10,853) | ||||||
Shares issued from treasury and redeemed related to exercise of stock options | $ 203 | (110) | 93 | ||||
Restricted stock granted (in shares) | (34,552) | ||||||
Restricted stock granted | $ 655 | (655) | 0 | ||||
Forfeiture of restricted stock (in shares) | 7,939 | ||||||
Forfeiture of restricted stock | $ (148) | 148 | 0 | ||||
Stock-based compensation expense | 500 | 500 | |||||
Balance (in shares) at Sep. 30, 2018 | 12,655,171 | 357,897 | |||||
Balance at Sep. 30, 2018 | $ 12,655 | $ (6,780) | 72,197 | 120,283 | (8,368) | 189,987 | |
Balance at Jun. 30, 2018 | (6,339) | ||||||
Net income | 5,586 | ||||||
Other comprehensive income (loss), net | (2,029) | (2,029) | |||||
Balance (in shares) at Sep. 30, 2018 | 12,655,171 | 357,897 | |||||
Balance at Sep. 30, 2018 | $ 12,655 | $ (6,780) | $ 72,197 | $ 120,283 | $ (8,368) | $ 189,987 | |
[1] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of Accounting Standards Update (ASU) 2018-02, Reclassification of Certain tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. | ||||||
[2] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20), effective January 1, 2018. | ||||||
[3] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2016-01, Recognition and Measurement of Financial Assets and Liabilities, effective January 1, 2018. |
Consolidated Statements of Ch_2
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares | 9 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Retained Earnings [Member] | ||
Common stock, dividends, per share (in dollars per share) | $ 0.81 | $ 0.78 |
Note 1 - Basis of Interim Prese
Note 1 - Basis of Interim Presentation and Status of Recent Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 1. AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS The consolidated financial statements include the accounts of Citizens & Northern Corporation and its subsidiaries, Citizens & Northern Bank (“C&N Bank”), Bucktail Life Insurance Company and Citizens & Northern Investment Corporation (collectively, “Corporation”), as well as C&N Bank’s wholly-owned subsidiary, C&N Financial Services Corporation. In December 2017, The consolidated financial information included herein, with the exception of the consolidated balance sheet dated December 31, 2017, not 2017 2018 Operating results reported for the three nine September 30, 2018 not December 31, 2018. RECENT ACCOUNTING PRONOUNCEMENTS The Financial Accounting Standards Board (FASB) issues Accounting Standards Updates (ASUs) to the FASB Accounting Standards Codification (ASC). This section provides a summary description of recent ASUs that have significant implications (elected or required) within the consolidated financial statements, or that management expects may Recent Accounting Pronouncements - Adopted Effective January 1, 2018, 2014 09, 606 five not 2014 09 not 13. In February 2018, 2018 02, not 2017 January 1, 2018. two January 1, 2018, $325,000 no Effective January 1, 2018, 2017 08, 310 20 no $26,000 January 1, 2018 Effective January 1, 2018, 2016 01, 2016 01 January 1, 2018 ● A marketable equity security previously included in available-for-sale securities on the consolidated balance sheets is presented as a separate asset. ● Changes in the fair value of the marketable equity security are captured in the consolidated statements of income. ● Retained earnings was reduced and a corresponding increase in accumulated other comprehensive loss was recognized ( no $22,000 January 1, 2018 ● As described in more detail in Note 6, second 2018, $866,000 2016 01, not third 2018, June 30, 2018, $571,000 $1,437,000 $866,000 ● Adoption of ASU 2016 01 not 5. Recently Issued But Not ASU 2016 02, 842 July 2018, 2018 10 2018 11, 842, 842. 842 not 12 not 842 first 2019. 842 not 842; not ASU 2016 13, 326 2016 13 2016 13 2016 13 2016 13 first 2020. first 2019; not 326 ASU 2017 04, 350 2 not may first 2020. not ASU 2018 13, 820 1 2 3 2018 13 2018 13 3 3 first 2020. 3 not ASU 2018 14, 715 20 first 2021. not ASU 2018 15, 350 40 not first 2020, not |
Note 2 - Per Share Data
Note 2 - Per Share Data | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 2 . PER SHARE DATA Basic earnings per common share are calculated using the two two Diluted earnings per common share are calculated under the more dilutive of either the treasury method or the two 3 Months Ended 9 Months Ended Sept . 30, Sept . 30, Sept . 30, Sept . 30, 2018 2017 2018 2017 Basic Net income $ 5,586,000 $ 3,936,000 $ 16,332,000 $ 11,491,000 Less: Dividends and undistributed earnings allocated to participating securities (28,000 ) (20,000 ) (83,000 ) (59,000 ) Net income attributable to common shares $ 5,558,000 $ 3,916,000 $ 16,249,000 $ 11,432,000 Basic weighted-average common shares outstanding 12,228,833 12,124,854 12,209,879 12,105,673 Basic earnings per common share (a) $ 0.45 $ 0.32 $ 1.33 $ 0.94 Diluted Net income attributable to common shares $ 5,558,000 $ 3,916,000 $ 16,249,000 $ 11,432,000 Basic weighted-average common shares outstanding 12,228,833 12,124,854 12,209,879 12,105,673 Dilutive effect of potential common stock arising from stock options 42,703 37,409 38,790 40,624 Diluted weighted-average common shares outstanding 12,271,536 12,162,263 12,248,669 12,146,297 Diluted earnings per common share (a) $ 0.45 $ 0.32 $ 1.33 $ 0.94 Weighted-average non-vested restricted shares outstanding 60,462 61,233 62,262 62,825 (a) Basic and diluted earnings per share under the two Anti-dilutive stock options are excluded from net income per share calculations. There were no three nine September 30, 2018 2017. |
Note 3 - Comprehensive Income
Note 3 - Comprehensive Income | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Comprehensive Income (Loss) Note [Text Block] | 3 . COMPREHENSIVE INCOME Comprehensive income is the total of ( 1 2 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Nine Months Ended September 30, 2018 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (8,698 ) $ 1,826 $ (6,872 ) Reclassification adjustment for losses realized in income 284 (59 ) 225 Other comprehensive loss on available-for-sale securities (8,414 ) 1,767 (6,647 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 93 (19 ) 74 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (13 ) 2 (11 ) Other comprehensive income on unfunded retirement obligations 80 (17 ) 63 Total other comprehensive loss $ (8,334 ) $ 1,750 $ (6,584 ) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Nine Months Ended September 30, 2017 Unrealized gains on available-for-sale securities: Unrealized holding gains on available-for-sale securities $ 2,067 $ (723 ) $ 1,344 Reclassification adjustment for (gains) realized in income (257 ) 89 (168 ) Other comprehensive income on available-for-sale securities 1,810 (634 ) 1,176 Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 166 (58 ) 108 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (18 ) 6 (12 ) Other comprehensive income on unfunded retirement obligations 148 (52 ) 96 Total other comprehensive income $ 1,958 $ (686 ) $ 1,272 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended September 30, 2018 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (2,567 ) $ 539 $ (2,028 ) Reclassification adjustment for losses realized in income 2 (0 ) 2 Other comprehensive loss on available-for-sale securities (2,565 ) 539 (2,026 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 0 0 0 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (3 ) 0 (3 ) Other comprehensive loss on unfunded retirement obligations (3 ) 0 (3 ) Total other comprehensive loss $ (2,568 ) $ 539 $ (2,029 ) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended September 30, 2017 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (213 ) $ 75 $ (138 ) Reclassification adjustment for (gains) realized in income (5 ) 1 (4 ) Other comprehensive loss on available-for-sale securities (218 ) 76 (142 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 0 0 0 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (6 ) 2 (4 ) Other comprehensive loss on unfunded retirement obligations (6 ) 2 (4 ) Total other comprehensive loss $ (224 ) $ 78 $ (146 ) Changes in the components of accumulated other comprehensive income (loss) are as follows and are presented net of tax: (In Thousands) Unrealized Accumulated (Losses) Unfunded Other Gains Retirement Comprehensive on Securities Obligations Loss Nine Months Ended September 30, 2018 Balance, beginning of period $ (1,566 ) $ 59 $ (1,507 ) Impact of change in enacted income tax rate (337 ) 12 (325 ) Impact of change in the method of premium amortization of callable debt securities 26 0 26 Impact of change in the method of accounting for marketable equity security 22 0 22 Other comprehensive (loss) income during nine months ended September 30, 2018 (6,647 ) 63 (6,584 ) Balance, end of period $ (8,502 ) $ 134 $ (8,368 ) Nine Months Ended September 30, 2017 Balance, beginning of period $ (949 ) $ 51 $ (898 ) Other comprehensive income during nine months ended September 30, 2017 1,176 96 1,272 Balance, end of period $ 227 $ 147 $ 374 Three Months Ended September 30, 2018 Balance, beginning of period $ (6,476 ) $ 137 $ (6,339 ) Other comprehensive (loss) during three months ended September 30, 2018 (2,026 ) (3 ) (2,029 ) Balance, end of period $ (8,502 ) $ 134 $ (8,368 ) Three Months Ended September 30, 2017 Balance, beginning of period $ 369 $ 151 $ 520 Other comprehensive (loss) during three months ended September 30, 2017 (142 ) (4 ) (146 ) Balance, end of period $ 227 $ 147 $ 374 Items reclassified out of each component of other comprehensive (loss) income are as follows: For the Nine Months Ended September 30, 2018 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ 284 Realized losses on available-for-sale debt securities, net (59 ) Income tax provision 225 Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (23 ) Other noninterest expense Actuarial loss 10 Other noninterest expense (13 ) Total before tax 2 Income tax provision (11 ) Net of tax Total reclassifications for the period $ 214 For the Nine Months Ended September 30, 2017 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ (257 ) Realized gains on available-for-sale debt securities, net 89 Income tax provision (168 ) Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (23 ) Other noninterest expense Actuarial loss 5 Other noninterest expense (18 ) Total before tax 6 Income tax provision (12 ) Net of tax Total reclassifications for the period $ (180 ) For the Three Months Ended September 30, 2018 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ 2 Realized losses on available-for-sale debt securities, net (0 ) Income tax provision 2 Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (7 ) Other noninterest expense Actuarial loss 4 Other noninterest expense (3 ) Total before tax (0 ) Income tax provision (3 ) Net of tax Total reclassifications for the period $ (1 ) For the Three Months Ended September 30, 2017 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ (5 ) Realized gains on available-for-sale debt securities, net 1 Income tax provision (4 ) Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (8 ) Other noninterest expense Actuarial loss 2 Other noninterest expense (6 ) Total before tax 2 Income tax provision (4 ) Net of tax Total reclassifications for the period $ (8 ) |
Note 4 - Cash and Due From Bank
Note 4 - Cash and Due From Banks | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Cash and Cash Equivalents Disclosure [Text Block] | 4 . CASH AND DUE FROM BANKS Cash and due from banks at September 30, 2018 December 31, 2017 (In thousands) Sept. 30, Dec. 31, 2018 2017 Cash and cash equivalents $ 36,031 $ 37,004 Certificates of deposit 2,310 3,240 Total cash and due from banks $ 38,341 $ 40,244 Certificates of deposit are issues by U.S. banks with original maturities greater than three The Corporation is required to maintain reserves against deposit liabilities in the form of cash and balances with the Federal Reserve Bank of Philadelphia. The reserves are based on deposit levels, account activity, and other services provided by the Federal Reserve Bank. Required reserves were $14,783,000 September 30, 2018 $17,178,000 December 31, 2017. |
Note 5 - Fair Value Measurement
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 5 . FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS The Corporation measures certain assets at fair value. Fair value is defined as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. FASB Accounting Standards Codification (ASC) topic 820, three Level 1 Level 2 1 2 not Level 3 3 The Corporation monitors and evaluates available data relating to fair value measurements on an ongoing basis and recognizes transfers among the levels of the fair value hierarchy as of the date of an event or change in circumstances that affects the valuation method chosen. Examples of such changes may At September 30, 2018 December 31, 2017, September 3 0 , 201 8 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 4,768 $ 0 $ 4,768 Obligations of states and political subdivisions: Tax-exempt 0 91,712 0 91,712 Taxable 0 27,642 0 27,642 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 55,131 0 55,131 Residential collateralized mortgage obligations 0 142,631 0 142,631 Commercial mortgage-backed securities 0 36,822 0 36,822 Total available-for-sale debt securities 0 358,706 0 358,706 Marketable equity security 941 0 0 941 Servicing rights 0 0 1,381 1,381 Total recurring fair value measurements $ 941 $ 358,706 $ 1,381 $ 361,028 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 3,623 $ 3,623 Valuation allowance 0 0 (1,059 ) (1,059 ) Impaired loans, net 0 0 2,564 2,564 Foreclosed assets held for sale 0 0 2,678 2,678 Total nonrecurring fair value measurements $ 0 $ 0 $ 5,242 $ 5,242 December 31, 201 7 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 7,873 $ 0 $ 7,873 Obligations of states and political subdivisions: Tax-exempt 0 105,111 0 105,111 Taxable 0 25,573 0 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 52,347 0 52,347 Residential collateralized mortgage obligations 0 131,814 0 131,814 Commercial mortgage-backed securities 0 33,219 0 33,219 Total available-for-sale debt securities 0 355,937 0 355,937 Marketable equity security 971 0 0 971 Servicing rights 0 0 1,299 1,299 Total recurring fair value measurements $ 971 $ 355,937 $ 1,299 $ 358,207 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 3,776 $ 3,776 Valuation allowance 0 0 (1,183 ) (1,183 ) Impaired loans, net 0 0 2,593 2,593 Foreclosed assets held for sale 0 0 1,598 1,598 Total nonrecurring fair value measurements $ 0 $ 0 $ 4,191 $ 4,191 Management’s evaluation and selection of valuation techniques and the unobservable inputs used in determining the fair values of assets valued using Level 3 At September 30, 2018 December 31, 2017, 3 Fair Value at 9 /30 /1 8 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 9 /30 /18 Servicing rights $ 1,381 Discounted cash flow Discount rate 12.50 % Rate used through modeling period Loan prepayment speeds 121.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs Fair Value at 12/31/1 7 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/1 7 Servicing rights $ 1,299 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 140.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs The fair value of servicing rights is affected by expected future interest rates. Increases (decreases) in future expected interest rates tend to increase (decrease) the fair value of the Corporation’s servicing rights because of changes in expected prepayment behavior by the borrowers on the underlying loans. Unrealized gains (losses) in fair value of servicing rights are included in Loan servicing fees, net, in the unaudited consolidated statements of income. Following is a reconciliation of activity for Level 3 (In Thousands) Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Restricted Equity Securit Servicing Rights Total Restricted Equity Security Servicing Rights Total Balance, beginning of period $ 866 $ 1,370 $ 2,236 $ 0 $ 1,299 $ 1,299 Issuances of servicing rights 0 43 43 0 140 140 Unrealized gains (losses) included in earnings (866 ) (32 ) (898 ) 0 (58 ) (58 ) Balance, end of period $ 0 $ 1,381 $ 1,381 $ 0 $ 1,381 $ 1,381 (In Thousands) Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Restricted Equity Security Servicing Rights Total Restricted Equity Security Servicing Rights Total Balance, beginning of period $ 0 $ 1,279 $ 1,279 $ 0 $ 1,262 $ 1,262 Issuances of servicing rights 0 65 65 0 160 160 Unrealized gains (losses) included in earnings 0 (67 ) (67 ) 0 (145 ) (145 ) Balance, end of period $ 0 $ 1,277 $ 1,277 $ 0 $ 1,277 $ 1,277 Loans are classified as impaired when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Foreclosed assets held for sale consist of real estate acquired by foreclosure. For impaired commercial loans secured by real estate and foreclosed assets held for sale, estimated fair values are determined primarily using values from third At September 30, 2018 December 31, 2017, 3 (In Thousands, Except Weighted- Percentages) Valuation Average) Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 9 /30 /18 9 /30 /18 9 /30 /18 Technique Inputs 9 /30 /18 Impaired loans: Residential mortgage loans - first liens $ 509 $ 118 $ 391 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,550 816 1,734 Sales comparison Discount to appraised value 16 % Commercial and industrial 75 75 0 Sales comparison Discount to appraised value 100 % Loans secured by farmland 489 50 439 Sales comparison Discount to appraised value 56 % Total impaired loans $ 3,623 $ 1,059 $ 2,564 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 328 $ 0 $ 328 Sales comparison Discount to appraised value 46 % Land 110 0 110 Sales comparison Discount to appraised value 61 % Commercial real estate 2,240 0 2,240 Sales comparison Discount to appraised value 32 % Total foreclosed assets held for sale $ 2,678 $ 0 $ 2,678 (In Thousands, Except Weighted- Percentages) Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/17 12/31/17 12/31/17 Technique Inputs 12/31/17 Impaired loans: Residential mortgage loans - first liens $ 515 $ 122 $ 393 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,641 919 1,722 Sales comparison Discount to appraised value 16 % Commercial and industrial 126 92 34 Sales comparison Discount to appraised value 72 % Loans secured by farmland 494 50 444 Sales comparison Discount to appraised value 53 % Total impaired loans $ 3,776 $ 1,183 $ 2,593 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 721 $ 0 $ 721 Sales comparison Discount to appraised value 37 % Land 632 0 632 Sales comparison Discount to appraised value 35 % Commercial real estate 245 0 245 Sales comparison Discount to appraised value 71 % Total foreclosed assets held for sale $ 1,598 $ 0 $ 1,598 Certain of the Corporation’s financial instruments are not not may not may not The estimated fair values, and related carrying amounts, of the Corporation’s financial instruments that are not (In Thousands) Fair Value September 30 , 2018 December 31, 2017 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 36,031 $ 36,031 $ 37,004 $ 37,004 Certificates of deposit Level 2 2,310 2,298 3,240 3,234 Restricted equity securities (included in Other Assets) Level 2 5,147 5,147 6,556 6,556 Loans, net Level 3 813,717 811,384 806,857 789,891 Accrued interest receivable Level 2 4,279 4,279 4,048 4,048 Financial liabilities: Deposits with no stated maturity Level 2 815,607 815,607 794,778 794,778 Time deposits Level 2 228,340 228,484 213,671 213,734 Short-term borrowings Level 2 8,421 8,185 61,766 61,643 Long-term borrowings Level 2 32,985 32,987 9,189 9,256 Accrued interest payable Level 2 114 114 46 46 The Corporation has commitments to extend credit and has issued standby letters of credit. Standby letters of credit are conditional guarantees of performance by a customer to a third not |
Note 6 - Securities
Note 6 - Securities | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | 6 . SECURITIES Amortized cost and fair value of available-for-sale debt securities at September 30, 2018 December 31, 2017 September 30 , 2018 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 4,815 $ 0 $ (47 ) $ 4,768 Obligations of states and political subdivisions: Tax-exempt 92,837 1,104 (2,229 ) 91,712 Taxable 27,975 21 (354 ) 27,642 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 57,279 46 (2,194 ) 55,131 Residential collateralized mortgage obligations 148,074 8 (5,451 ) 142,631 Commercial mortgage-backed securities 38,488 0 (1,666 ) 36,822 Total available-for-sale-debt securities $ 369,468 $ 1,179 $ (11,941 ) $ 358,706 December 31, 2017 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 8,026 $ 0 $ (153 ) $ 7,873 Obligations of states and political subdivisions: Tax-exempt 103,673 2,291 (853 ) 105,111 Taxable 25,431 226 (84 ) 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 52,992 79 (724 ) 52,347 Residential collateralized mortgage obligations 134,314 110 (2,610 ) 131,814 Commercial mortgage-backed securities 33,881 4 (666 ) 33,219 Total available-for-sale debt securities $ 358,317 $ 2,710 $ (5,090 ) $ 355,937 The following table presents gross unrealized losses and fair value of available-for-sale debt securities with unrealized loss positions that are not September 30, 2018 December 31, 2017: September 3 0 , 2018 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of U.S. Government agencies $ 4,768 $ (47 ) $ 0 $ 0 $ 4,768 $ (47 ) Obligations of states and political subdivisions: Tax-exempt 25,713 (465 ) 28,785 (1,764 ) 54,498 (2,229 ) Taxable 16,635 (200 ) 5,362 (154 ) 21,997 (354 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 13,528 (178 ) 40,904 (2,016 ) 54,432 (2,194 ) Residential collateralized mortgage obligations 53,399 (884 ) 87,703 (4,567 ) 141,102 (5,451 ) Commercial mortgage-backed securities 8,798 (147 ) 28,024 (1,519 ) 36,822 (1,666 ) Total temporarily impaired available-for-sale debt securities $ 122,841 $ (1,921 ) $ 190,778 $ (10,020 ) $ 313,619 $ (11,941 ) December 31, 2017 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of U.S. Government agencies $ 0 $ 0 $ 7,873 $ (153 ) $ 7,873 $ (153 ) Obligations of states and political subdivisions: Tax-exempt 19,050 (135 ) 24,391 (718 ) 43,441 (853 ) Taxable 9,279 (45 ) 2,116 (39 ) 11,395 (84 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 25,255 (242 ) 22,549 (482 ) 47,804 (724 ) Residential collateralized mortgage obligations 50,812 (589 ) 68,558 (2,021 ) 119,370 (2,610 ) Commercial mortgage-backed securities 14,713 (173 ) 14,569 (493 ) 29,282 (666 ) Total temporarily impaired available-for-sale debt securities $ 119,109 $ (1,184 ) $ 140,056 $ (3,906 ) $ 259,165 $ (5,090 ) Gross realized gains and losses from available-for-sale securities were as follows: (In Thousands) 3 Months Ended 9 Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2018 2017 2018 2017 Gross realized gains from sales and calls $ 45 $ 47 $ 45 $ 315 Gross realized losses from sales (47 ) (42 ) (329 ) (58 ) Net realized (losses) gains $ (2 ) $ 5 $ (284 ) $ 257 The amortized cost and fair value of available-for-sale debt securities by contractual maturity are shown in the following table as of September 30, 2018. may may Amortized Fair (In Thousands) Cost Value Due in one year or less $ 23,128 $ 23,337 Due from one year through five years 39,807 39,533 Due from five years through ten years 38,688 37,515 Due after ten years 24,004 23,737 Sub-total 125,627 124,122 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 57,279 55,131 Residential collateralized mortgage obligations 148,074 142,631 Commercial mortgage-backed securities 38,488 36,822 Total $ 369,468 $ 358,706 The Corporation’s mortgage-backed securities have stated maturities that may one Investment securities carried at $236,671,000 September 30, 2018 $217,925,000 December 31, 2017 8 Management evaluates securities for other-than-temporary impairment (OTTI) at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to ( 1 2 3 not A summary of information management considered in evaluating debt and equity securities for other-than-temporary impairment (“OTTI”) at September 30, 2018 Debt Securities At September 30, 2018, September 30, 2018 December 31, 2017 Equity Securities The Corporation’s marketable equity security, with a carrying value of $941,000 September 30, 2018 $971,000 December 31, 2017, one $59,000 September 30 2018 $29,000 December 31, 2017. $7,000 third 2018 $30,000 nine September 30, 2018 C&N Bank is a member of the Federal Home Loan Bank of Pittsburgh (FHLB-Pittsburgh), which is one 11 no $5,017,000 September 30, 2018 $6,426,000 December 31, 2017. not September 30, 2018 December 31, 2017. In the second 2018, $1,750,000. 19,789 2007 second 2018, $0, June 2018, 10,000 $88.43 July 2018. not second 2018 June 2018, 19,789 third 2018, 9,789 $1,437,000, $146.80 $571,000. September 30, 2018, $1,437,000 third 2018 A summary of the realized and unrealized gains and losses recognized on equity securities is as follows: (In Thousands) 3 Months Ended 9 Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2018 2017 2018 2017 Net gains and losses recognized during the period on equity securities $ 564 $ 0 $ 2,291 $ 0 Less: net gains and losses recognized during the period on equity securities sold during the period (571 ) 0 (2,321 ) 0 Unrealized gains and losses recognized during the period on equity securities still held at the reporting date $ (7 ) $ 0 $ (30 ) $ 0 |
Note 7 - Loans
Note 7 - Loans | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 7 . LOANS The loans receivable portfolio is segmented into residential mortgage, commercial and consumer loans. Loans outstanding at September 30, 2018 December 31, 2017 Summary of Loans by Type (In Thousands) Sept. 30, Dec. 31, 2018 2017 Residential mortgage: Residential mortgage loans - first liens $ 366,516 $ 359,987 Residential mortgage loans - junior liens 25,748 25,325 Home equity lines of credit 34,283 35,758 1-4 Family residential construction 27,661 26,216 Total residential mortgage 454,208 447,286 Commercial: Commercial loans secured by real estate 159,212 159,266 Commercial and industrial 91,472 88,276 Political subdivisions 53,294 59,287 Commercial construction and land 12,278 14,527 Loans secured by farmland 7,208 7,255 Multi-family (5 or more) residential 7,670 7,713 Agricultural loans 5,670 6,178 Other commercial loans 14,140 10,986 Total commercial 350,944 353,488 Consumer 17,380 14,939 Total 822,532 815,713 Less: allowance for loan losses (8,815 ) (8,856 ) Loans, net $ 813,717 $ 806,857 The Corporation grants loans to individuals as well as commercial and tax-exempt entities. Commercial, residential and personal loans are made to customers geographically concentrated in the Pennsylvania and New York counties that comprise the market serviced by Citizens & Northern Bank. Although the Corporation has a diversified loan portfolio, a significant portion of its debtors’ ability to honor their contracts is dependent on the local economic conditions within the region. There is no 10% September 30, 2018 December 31, 2017. The Corporation maintains an allowance for loan losses that represents management’s estimate of the losses inherent in the loan portfolio as of the balance sheet date and recorded as a reduction of the investment in loans. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Corporation’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may September 30, 2018 December 31, 2017, no Transactions within the allowance for loan losses, summarized by segment and class, for the three nine September 30, 2018 2017 Three Months Ended September 30, 2018 June 30, Provision Sept. 30, (In Thousands) 2018 Balance Charge-offs Recoveries (Credit) 2018 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,055 $ (21 ) $ 1 $ 98 $ 3,133 Residential mortgage loans - junior liens 353 0 1 (25 ) 329 Home equity lines of credit 292 (13 ) 0 15 294 1-4 Family residential construction 247 0 0 (21 ) 226 Total residential mortgage 3,947 (34 ) 2 67 3,982 Commercial: Commercial loans secured by real estate 2,613 0 0 (67 ) 2,546 Commercial and industrial 973 (11 ) 2 34 998 Commercial construction and land 135 0 0 (21 ) 114 Loans secured by farmland 106 0 0 (2 ) 104 Multi-family (5 or more) residential 174 0 0 (7 ) 167 Agricultural loans 46 0 0 0 46 Other commercial loans 134 0 0 (3 ) 131 Total commercial 4,181 (11 ) 2 (66 ) 4,106 Consumer 204 (47 ) 12 59 228 Unallocated 499 0 0 0 499 Total Allowance for Loan Losses $ 8,831 $ (92 ) $ 16 $ 60 $ 8,815 Three Months Ended September 30, 2017 June 30, Provision Sept. 30, (In Thousands) 2017 Balance Charge-offs Recoveries (Credit) 2017 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,052 $ 0 $ 1 $ 112 $ 3,165 Residential mortgage loans - junior liens 261 0 1 3 265 Home equity lines of credit 332 0 0 (6 ) 326 1-4 Family residential construction 251 0 0 (8 ) 243 Total residential mortgage 3,896 0 2 101 3,999 Commercial: Commercial loans secured by real estate 2,610 0 0 27 2,637 Commercial and industrial 910 0 1 93 1,004 Commercial construction and land 162 0 0 (13 ) 149 Loans secured by farmland 107 0 0 3 110 Multi-family (5 or more) residential 169 0 0 2 171 Agricultural loans 42 0 0 16 58 Other commercial loans 105 0 0 12 117 Total commercial 4,105 0 1 140 4,246 Consumer 134 (67 ) 7 81 155 Unallocated 500 0 0 0 500 Total Allowance for Loan Losses $ 8,635 $ (67 ) $ 10 $ 322 $ 8,900 Nine Months Ended September 30, 2018 Dec. 31, Provision Sept. 30, (In Thousands) 2017 Balance Charge-offs Recoveries (Credit) 2018 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,200 $ (108 ) $ 3 $ 38 $ 3,133 Residential mortgage loans - junior liens 224 0 4 101 329 Home equity lines of credit 296 (25 ) 0 23 294 1-4 Family residential construction 243 0 0 (17 ) 226 Total residential mortgage 3,963 (133 ) 7 145 3,982 Commercial: Commercial loans secured by real estate 2,584 (21 ) 0 (17 ) 2,546 Commercial and industrial 1,065 (144 ) 5 72 998 Commercial construction and land 150 0 0 (36 ) 114 Loans secured by farmland 105 0 0 (1 ) 104 Multi-family (5 or more) residential 172 0 0 (5 ) 167 Agricultural loans 57 0 0 (11 ) 46 Other commercial loans 102 0 0 29 131 Total commercial 4,235 (165 ) 5 31 4,106 Consumer 159 (120 ) 33 156 228 Unallocated 499 0 0 0 499 Total Allowance for Loan Losses $ 8,856 $ (418 ) $ 45 $ 332 $ 8,815 Nine Months Ended September 30, 2017 Dec. 31, Provision Sept. 30, (In Thousands) 2016 Balance Charge-offs Recoveries (Credit) 2017 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,033 $ (162 ) $ 15 $ 279 $ 3,165 Residential mortgage loans - junior liens 258 (16 ) 3 20 265 Home equity lines of credit 350 0 0 (24 ) 326 1-4 Family residential construction 249 0 0 (6 ) 243 Total residential mortgage 3,890 (178 ) 18 269 3,999 Commercial: Commercial loans secured by real estate 2,380 (96 ) 0 353 2,637 Commercial and industrial 999 (1 ) 3 3 1,004 Commercial construction and land 162 0 0 (13 ) 149 Loans secured by farmland 110 0 0 0 110 Multi-family (5 or more) residential 241 0 0 (70 ) 171 Agricultural loans 40 0 0 18 58 Other commercial loans 115 0 0 2 117 Total commercial 4,047 (97 ) 3 293 4,246 Consumer 138 (127 ) 30 114 155 Unallocated 398 0 0 102 500 Total Allowance for Loan Losses $ 8,473 $ (402 ) $ 51 $ 778 $ 8,900 In the evaluation of the loan portfolio, management determines two 1 2 In determining the larger loan relationships for detailed assessment under the specific allowance component, the Corporation uses an internal risk rating system. Under the risk rating system, the Corporation classifies problem or potential problem loans as “Special Mention,” “Substandard,” or “Doubtful” on the basis of currently existing facts, conditions and values. Substandard loans include those characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not not not The following tables summarize the aggregate credit quality classification of outstanding loans by risk rating as of September 30, 2018 December 31, 2017: September 30, 2018 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 357,841 $ 281 $ 8,342 $ 52 $ 366,516 Residential mortgage loans - junior liens 25,214 95 439 0 25,748 Home equity lines of credit 33,611 59 613 0 34,283 1-4 Family residential construction 27,661 0 0 0 27,661 Total residential mortgage 444,327 435 9,394 52 454,208 Commercial: Commercial loans secured by real estate 152,701 765 5,746 0 159,212 Commercial and Industrial 85,405 4,922 1,145 0 91,472 Political subdivisions 53,294 0 0 0 53,294 Commercial construction and land 12,202 0 76 0 12,278 Loans secured by farmland 5,218 611 1,367 12 7,208 Multi-family (5 or more) residential 7,278 0 392 0 7,670 Agricultural loans 4,912 84 674 0 5,670 Other commercial loans 14,069 0 71 0 14,140 Total commercial 335,079 6,382 9,471 12 350,944 Consumer 17,336 0 44 0 17,380 Totals $ 796,742 $ 6,817 $ 18,909 $ 64 $ 822,532 December 31, 2017 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 350,609 $ 307 $ 9,019 $ 52 $ 359,987 Residential mortgage loans - junior liens 24,795 104 426 0 25,325 Home equity lines of credit 35,233 61 464 0 35,758 1-4 Family residential construction 26,216 0 0 0 26,216 Total residential mortgage 436,853 472 9,909 52 447,286 Commercial: Commercial loans secured by real estate 150,806 936 7,524 0 159,266 Commercial and Industrial 82,724 3,896 1,645 11 88,276 Political subdivisions 59,287 0 0 0 59,287 Commercial construction and land 14,449 0 78 0 14,527 Loans secured by farmland 5,283 581 1,379 12 7,255 Multi-family (5 or more) residential 7,130 0 583 0 7,713 Agricultural loans 5,203 270 705 0 6,178 Other commercial loans 10,913 0 73 0 10,986 Total commercial 335,795 5,683 11,987 23 353,488 Consumer 14,853 0 86 0 14,939 Totals $ 787,501 $ 6,155 $ 21,982 $ 75 $ 815,713 The general component of the allowance for loan losses covers pools of loans including commercial loans not not 1 2 $400,000 September 30, 2018 December 31, 2017, five three Qualitative risk factors are evaluated for the impact on each of the three The qualitative factors used in the general component calculations are designed to address credit risk characteristics associated with each segment. The Corporation’s credit risk associated with all of the segments is significantly impacted by these factors, which include economic conditions within its market area, the Corporation’s lending policies, changes or trends in the portfolio, risk profile, competition, regulatory requirements and other factors. Further, the residential mortgage segment is significantly affected by the values of residential real estate that provide collateral for the loans. The majority of the Corporation’s commercial segment loans (approximately 54% September 30, 2018) Loans are classified as impaired, when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not The scope of loans reviewed individually each quarter to determine if they are impaired include all commercial loan relationships greater than $200,000 $400,000 one not not not September 30, 2018 December 31, 2017. $200,000 $400,000 $100,000 The following tables present a summary of loan balances and the related allowance for loan losses summarized by portfolio segment and class for each impairment method used as of September 30, 2018 December 31, 2017: September 30, 2018 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 994 $ 365,522 $ 366,516 $ 0 $ 3,133 $ 3,133 Residential mortgage loans - junior liens 293 25,455 25,748 118 211 329 Home equity lines of credit 0 34,283 34,283 0 294 294 1-4 Family residential construction 0 27,661 27,661 0 226 226 Total residential mortgage 1,287 452,921 454,208 118 3,864 3,982 Commercial: Commercial loans secured by real estate 4,155 155,057 159,212 816 1,730 2,546 Commercial and industrial 201 91,271 91,472 75 923 998 Political subdivisions 0 53,294 53,294 0 0 0 Commercial construction and land 0 12,278 12,278 0 114 114 Loans secured by farmland 1,352 5,856 7,208 50 54 104 Multi-family (5 or more) residential 392 7,278 7,670 0 167 167 Agricultural loans 674 4,996 5,670 0 46 46 Other commercial loans 0 14,140 14,140 0 131 131 Total commercial 6,774 344,170 350,944 941 3,165 4,106 Consumer 17 17,363 17,380 0 228 228 Unallocated 499 Total $ 8,078 $ 814,454 $ 822,532 $ 1,059 $ 7,257 $ 8,815 December 31, 2017 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 984 $ 359,003 $ 359,987 $ 0 $ 3,200 $ 3,200 Residential mortgage loans - junior liens 302 25,023 25,325 122 102 224 Home equity lines of credit 0 35,758 35,758 0 296 296 1-4 Family residential construction 0 26,216 26,216 0 243 243 Total residential mortgage 1,286 446,000 447,286 122 3,841 3,963 Commercial: Commercial loans secured by real estate 5,873 153,393 159,266 919 1,665 2,584 Commercial and industrial 568 87,708 88,276 188 877 1,065 Political subdivisions 0 59,287 59,287 0 0 0 Commercial construction and land 0 14,527 14,527 0 150 150 Loans secured by farmland 1,365 5,890 7,255 50 55 105 Multi-family (5 or more) residential 392 7,321 7,713 0 172 172 Agricultural loans 7 6,171 6,178 0 57 57 Other commercial loans 0 10,986 10,986 0 102 102 Total commercial 8,205 345,283 353,488 1,157 3,078 4,235 Consumer 20 14,919 14,939 0 159 159 Unallocated 499 Total $ 9,511 $ 806,202 $ 815,713 $ 1,279 $ 7,078 $ 8,856 Summary information related to impaired loans at September 30, 2018 December 31, 2017 (In Thousands) September 30, 2018 December 31, 2017 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related allowance recorded: Residential mortgage loans - first liens $ 753 $ 724 $ 0 $ 740 $ 711 $ 0 Residential mortgage loans - junior liens 54 54 0 60 60 0 Commercial loans secured by real estate 1,605 1,605 0 3,230 3,230 0 Commercial and industrial 126 126 0 119 119 0 Loans secured by farmland 863 863 0 871 871 0 Multi-family (5 or more) residential 987 392 0 987 392 0 Agricultural loans 674 674 0 8 8 0 Consumer 17 17 0 20 20 0 Total with no related allowance recorded 5,079 4,455 0 6,035 5,411 0 With a related allowance recorded: Residential mortgage loans - first liens 270 270 0 273 273 122 Residential mortgage loans - junior liens 239 239 118 242 242 0 Commercial loans secured by real estate 2,550 2,550 816 2,641 2,641 919 Commercial and industrial 75 75 75 449 449 188 Loans secured by farmland 489 489 50 495 495 50 Total with a related allowance recorded 3,623 3,623 1,059 4,100 4,100 1,279 Total $ 8,702 $ 8,078 $ 1,059 $ 10,135 $ 9,511 $ 1,279 In the table immediately above, two one first one The average balance of impaired loans and interest income recognized on impaired loans is as follows: Interest Income Recognized on Average Investment in Impaired Loans Impaired Loans on a Cash Basis (In Thousands) 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2018 2017 2018 2017 2018 2017 2018 2017 Residential mortgage: Residential mortgage loans - first lien $ 1,067 $ 733 $ 1,102 $ 738 $ 17 $ 8 $ 47 $ 25 Residential mortgage loans - junior lien 295 64 298 65 3 1 10 3 Total residential mortgage 1,362 797 1,400 803 20 9 57 28 Commercial: Commercial loans secured by real estate 4,050 6,200 4,921 6,377 25 36 95 127 Commercial and industrial 184 393 346 317 4 13 11 20 Loans secured by farmland 1,355 1,378 1,359 1,382 11 10 27 32 Multi-family (5 or more) residential 392 392 392 392 0 0 0 0 Agricultural loans 677 10 512 11 16 0 34 1 Total commercial 6,658 8,373 7,530 8,479 56 59 167 180 Consumer 17 25 18 27 1 0 1 0 Total $ 8,037 $ 9,195 $ 8,948 $ 9,309 $ 77 $ 68 $ 225 $ 208 Loans are placed on nonaccrual status for all classes of loans when, in the opinion of management, collection of interest is doubtful. Any unpaid interest previously accrued on those loans is reversed from income. Interest income is not six no The breakdown by portfolio segment and class of nonaccrual loans and loans past due ninety (In Thousands) September 30, 2018 December 31, 2017 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Residential mortgage: Residential mortgage loans - first liens $ 1,615 $ 4,248 $ 2,340 $ 5,131 Residential mortgage loans - junior liens 137 239 105 242 Home equity lines of credit 102 27 203 44 Total residential mortgage 1,854 4,514 2,648 5,417 Commercial: Commercial loans secured by real estate 292 3,810 175 5,645 Commercial and industrial 708 155 603 517 Commercial construction and land 0 52 26 52 Loans secured by farmland 261 1,300 271 1,308 Multi-family (5 or more) residential 0 392 0 392 Agricultural loans 0 674 0 7 Total commercial 1,261 6,383 1,075 7,921 Consumer 9 14 1 66 Totals $ 3,124 $ 10,911 $ 3,724 $ 13,404 The amounts shown in the table immediately above include loans classified as troubled debt restructurings (described in more detail below), if such loans are past due ninety The table below presents a summary of the contractual aging of loans as of September 30, 2018 December 31, 2017: As of September 30, 2018 As of December 31, 2017 Current & Current & (In Thousands) Past Due Past Due Past Due Past Due Past Due Past Due Less than 30-89 90+ Less than 30-89 90+ 30 Days Days Days Total 30 Days Days Days Total Residential mortgage: Residential mortgage loans - first liens $ 359,582 $ 3,320 $ 3,614 $ 366,516 $ 347,032 $ 7,967 $ 4,988 $ 359,987 Residential mortgage loans - junior liens 25,499 112 137 25,748 25,133 87 105 25,325 Home equity lines of credit 33,734 438 111 34,283 34,789 732 237 35,758 1-4 Family residential construction 27,340 321 0 27,661 25,667 549 0 26,216 Total residential mortgage 446,155 4,191 3,862 454,208 432,621 9,335 5,330 447,286 Commercial: Commercial loans secured by real estate 157,281 505 1,426 159,212 155,917 311 3,038 159,266 Commercial and industrial 90,661 36 775 91,472 87,306 303 667 88,276 Political subdivisions 53,294 0 0 53,294 59,287 0 0 59,287 Commercial construction and land 12,226 0 52 12,278 14,400 49 78 14,527 Loans secured by farmland 5,448 743 1,017 7,208 6,226 12 1,017 7,255 Multi-family (5 or more) residential 7,260 18 392 7,670 7,321 0 392 7,713 Agricultural loans 5,664 0 6 5,670 6,114 57 7 6,178 Other commercial loans 14,140 0 0 14,140 10,986 0 0 10,986 Total commercial 345,974 1,302 3,668 350,944 347,557 732 5,199 353,488 Consumer 17,309 48 23 17,380 14,760 123 56 14,939 Totals $ 809,438 $ 5,541 $ 7,553 $ 822,532 $ 794,938 $ 10,190 $ 10,585 $ 815,713 Nonaccrual loans are included in the contractual aging in the immediately preceding table. A summary of the contractual aging of nonaccrual loans at September 30, 2018 December 31, 2017 Current & (In Thousands) Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Total September 30, 2018 Nonaccrual Totals $ 5,396 $ 1,086 $ 4,429 $ 10,911 December 31, 2017 Nonaccrual Totals $ 5,802 $ 741 $ 6,861 $ 13,404 Loans whose terms are modified are classified as Troubled Debt Restructurings (TDRs) if the Corporation grants such borrowers concessions, and it is deemed that those borrowers are experiencing financial difficulty. Loans classified as TDRs are designated as impaired. The outstanding balance of loans subject to TDRs, as well as contractual aging information at September 30, 2018 December 31, 2017 Current & (In Thousands) Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Nonaccrual Total September 30, 2018 Totals $ 597 $ 101 $ 0 $ 2,925 $ 3,623 December 31, 2017 Totals $ 636 $ 0 $ 0 $ 3,027 $ 3,663 At September 30, 2018 December 31, 2017, no There were no three September 30, 2018 2017. nine September 30, 2018 2017 (Balances in Thousands) Nine Months Ended Nine Months Ended September 30, 2018 September 30, 2017 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a six-month period 1 $ 80 0 $ 0 Commercial loans secured by real estate, Extended interest only payments for a six-month period 2 36 0 0 Commercial and industrial, Extended interest only payments for a six-month period 1 46 0 0 Total 4 $ 162 0 $ 0 In the nine September 30, 2018 2017, no 12 The carrying amount of foreclosed residential real estate properties held as a result of obtaining physical possession (included in Foreclosed assets held for sale in the unaudited consolidated balance sheets) is as follows: (In Thousands) Sept. 30, Dec. 31, 2018 2017 Foreclosed residential real estate $ 328 $ 721 The recorded investment of consumer mortgage loans secured by residential real properties for which formal foreclosure proceedings were in process is as follows: (In Thousands) Sept. 30, Dec. 31, 2018 2017 Residential real estate in process of foreclosure $ 704 $ 1,789 |
Note 8 - Borrowed Funds
Note 8 - Borrowed Funds | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 8. Short-term borrowings (initial maturity within one (In Thousands) Sept. 30, Dec. 31, 2018 2017 FHLB-Pittsburgh borrowings $ 3,000 $ 58,000 Customer repurchase agreements 5,421 3,766 Total short-term borrowings $ 8,421 $ 61,766 The FHLB-Pittsburgh loan facilities are collateralized by qualifying loans secured by real estate with a book value totaling $489,621,000 September 30, 2018 $488,889,000 December 31, 2017. $5,017,000 September 30, 2018 $6,426,000 December 31, 2017. At September 30, 2018, $3,000,000 October 2018, 1.83%. December 31, 2017, $58,000,000 $29,000,000 1.54% $29,000,000 1.69%. The Corporation engages in repurchase agreements with certain commercial customers. These agreements provide that the Corporation sells specified investment securities to the customers on an overnight basis and repurchases them on the following business day. The weighted average interest rate paid by the Corporation on customer repurchase agreements was 0.10% September 30, 2018 December 31, 2017. $10,099,000 September 30, 2018 $12,158,000 December 31, 2017. Long-term borrowings from FHLB-Pittsburgh are as follows: (In Thousands) Sept. 30, Dec. 31, 2018 2017 Loan maturing in November 2018 with a rate of 1.63% $ 3,000 $ 3,000 Loan maturing in December 2018 with a rate of 1.35% 3,000 3,000 Loan maturing in January 2019 with a rate of 1.83% 2,000 2,000 Loan maturing in February 2019 with a rate of 1.95% 3,000 0 Loan maturing in March 2019 with a rate of 2.15% 3,000 0 Loan maturing in April 2019 with a rate of 2.24% 3,000 0 Loan maturing in May 2019 with a rate of 2.30% 3,000 0 Loan maturing in June 2019 with a rate of 2.42% 3,000 0 Loan maturing in July 2019 with a rate of 2.41% 3,000 0 Loan maturing in August 2019 with a rate of 2.48% 3,000 0 Loan maturing in September 2019 with a rate of 2.53% 3,000 0 Loan maturing in April 2020 with a rate of 4.79% 320 463 Loan maturing in June 2025 with a rate of 4.91% 665 726 Total long-term FHLB-Pittsburgh borrowings $ 32,985 $ 9,189 |
Note 9 - Defined Benefit Plans
Note 9 - Defined Benefit Plans | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Pension and Other Postretirement Benefits Disclosure [Text Block] | 9 . DEFINED BENEFIT PLANS The Corporation sponsors a defined benefit health care plan that provides postretirement medical benefits and life insurance to employees who meet certain age and length of service requirements. Full-time employees no not September 30, 2018 December 31, 2017 not December 31 In an acquisition in 2007, December 31, 2002, December 31 The components of net periodic benefit costs from these defined benefit plans are as follows: Defined Benefit Plans (In Thousands) Pension Postretirement Nine Months Ended Nine Months Ended Sept. 30, Sept. 30, 2018 2017 2018 2017 Service cost $ 0 $ 0 $ 30 $ 27 Interest cost 19 18 38 43 Expected return on plan assets (15 ) (23 ) 0 0 Amortization of prior service cost 0 0 (23 ) (23 ) Recognized net actuarial loss 10 5 0 0 Net periodic benefit cost $ 14 $ 0 $ 45 $ 47 Defined Benefit Plans (In Thousands) Pension Postretirement Three Months Ended Three Months Ended Sept. 30, Sept. 30, 2018 2017 2018 2017 Service cost $ 0 $ 0 $ 10 $ 9 Interest cost 6 6 12 15 Expected return on plan assets (5 ) (8 ) 0 0 Amortization of prior service cost 0 0 (7 ) (8 ) Recognized net actuarial loss 4 2 0 0 Net periodic benefit cost $ 5 $ 0 $ 15 $ 16 Service cost, interest cost and expected return on plan assets are included in pensions and other employee benefits expense in the consolidated statements of income in the first nine 2018 2017. first nine 2018 2017. In the first nine 2018, $35,000, $60,000 2018 No 2018, may |
Note 10 - Stock-based Compensat
Note 10 - Stock-based Compensation Plans | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | 10 . STOCK-BASED COMPENSATION PLANS The Corporation has a Stock Incentive Plan for a selected group of officers and an Independent Directors Stock Incentive Plan. In the first 2018, 25,466 9,086 2018 three one 16,578 2018 one Compensation cost related to restricted stock is recognized based on the fair value of the stock at the grant date over the vesting period, adjusted for estimated and actual forfeitures. Management has estimated restricted stock expense in the first nine 2018 2016, 2017 2018 not Total annual stock-based compensation for the year ending December 31, 2018 $664,000. 2016, 2017 2018 $190,000. $162,000 third 2018 $500,000 nine September 30, 2018. $153,000 third 2017 $475,000 nine September 30, 2017. |
Note 11 - Income Taxes
Note 11 - Income Taxes | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 1 1 . INCOME TAXES The net deferred tax asset at September 30, 2018 December 31, 2017 September 30, December 31, (In Thousands) 2018 2017 Deferred tax assets: Unrealized holding losses on available-for-sale securities: Included in accumulated other comprehensive loss $ 2,260 $ 843 Included in retained earnings 0 (337 ) Allowance for loan losses 1,885 1,894 Other deferred tax assets 1,901 1,726 Total deferred tax assets 6,046 4,126 Deferred tax liabilities: Defined benefit plans - ASC 835: Included in accumulated other comprehensive loss 36 31 Included in retained earnings 0 (12 ) Bank premises and equipment 825 751 Core deposit intangibles 2 3 Other deferred tax liabilities 61 64 Total deferred tax liabilities 924 837 Deferred tax asset, net $ 5,122 $ 3,289 In December 2017, 21%, January 1, 2018, 35% December 31, 2017, 1, 2018 02, two January 1, 2018, $325,000 September 30, 2018. The provision for income tax for the three nine September 30, 2018 2017 Three Months Ended Nine Months Ended (Dollars In thousands) September 30, September 30, 2018 2017 2018 2017 Income before income tax provision $ 6,697 $ 5,198 $ 19,561 $ 15,111 Income tax provision 1,111 1,262 3,229 3,620 Effective tax rate 16.59 % 24.28 % 16.51 % 23.96 % The effective tax rate for each period presented differs from the statutory rate of 21% September 30, 2018 35% September 30, 2017 The Corporation has investments in three two three 2013, 2013 2017 2022. $526,000 September 30, 2018 $608,000 December 31, 2017 ( December 31, 2018, $150,000 $54,000. $14,000 third 2018 $41,000 nine September 30, 2018, $18,000 third 2017 $55,000 nine September 30, 2017. The Corporation has no no 2014. |
Note 12 - Contingencies
Note 12 - Contingencies | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 1 2 . CONTINGENCIES In the normal course of business, the Corporation may not |
Note 13 - Revenue Recognition
Note 13 - Revenue Recognition | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Revenue from Contract with Customer [Text Block] | 13. As disclosed in Note 1, January 1, 2018, 2014 09, 606 606. no 606 Additional disclosures related to the Corporation’s largest sources of noninterest income within the consolidated statements of income that are subject to ASC 606 Trust and financial management revenue 401 not not $952,824,000 September 30, 2018 $916,580,000 December 31, 2017. Trust revenue is recorded on a cash basis, which is not 81%, 2017 None Service charges on deposit accounts one not Interchange revenue from debit card transactions one |
Note 14 - Pending Merger
Note 14 - Pending Merger | 9 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Pending Combination Disclosure [Text Block] | 14. On September 28, 2018, two one September 30, 2018, $361 1.0144 $28.10 20% 80% $42.7 September 27, 2018. second 2019. |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2018 | |
Accounting Policies [Abstract] | |
New Accounting Pronouncements, Policy [Policy Text Block] | RECENT ACCOUNTING PRONOUNCEMENTS The Financial Accounting Standards Board (FASB) issues Accounting Standards Updates (ASUs) to the FASB Accounting Standards Codification (ASC). This section provides a summary description of recent ASUs that have significant implications (elected or required) within the consolidated financial statements, or that management expects may Recent Accounting Pronouncements - Adopted Effective January 1, 2018, 2014 09, 606 five not 2014 09 not 13. In February 2018, 2018 02, not 2017 January 1, 2018. two January 1, 2018, $325,000 no Effective January 1, 2018, 2017 08, 310 20 no $26,000 January 1, 2018 Effective January 1, 2018, 2016 01, 2016 01 January 1, 2018 ● A marketable equity security previously included in available-for-sale securities on the consolidated balance sheets is presented as a separate asset. ● Changes in the fair value of the marketable equity security are captured in the consolidated statements of income. ● Retained earnings was reduced and a corresponding increase in accumulated other comprehensive loss was recognized ( no $22,000 January 1, 2018 ● As described in more detail in Note 6, second 2018, $866,000 2016 01, not third 2018, June 30, 2018, $571,000 $1,437,000 $866,000 ● Adoption of ASU 2016 01 not 5. Recently Issued But Not ASU 2016 02, 842 July 2018, 2018 10 2018 11, 842, 842. 842 not 12 not 842 first 2019. 842 not 842; not ASU 2016 13, 326 2016 13 2016 13 2016 13 2016 13 first 2020. first 2019; not 326 ASU 2017 04, 350 2 not may first 2020. not ASU 2018 13, 820 1 2 3 2018 13 2018 13 3 3 first 2020. 3 not ASU 2018 14, 715 20 first 2021. not ASU 2018 15, 350 40 not first 2020, not |
Note 2 - Per Share Data (Tables
Note 2 - Per Share Data (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | 3 Months Ended 9 Months Ended Sept . 30, Sept . 30, Sept . 30, Sept . 30, 2018 2017 2018 2017 Basic Net income $ 5,586,000 $ 3,936,000 $ 16,332,000 $ 11,491,000 Less: Dividends and undistributed earnings allocated to participating securities (28,000 ) (20,000 ) (83,000 ) (59,000 ) Net income attributable to common shares $ 5,558,000 $ 3,916,000 $ 16,249,000 $ 11,432,000 Basic weighted-average common shares outstanding 12,228,833 12,124,854 12,209,879 12,105,673 Basic earnings per common share (a) $ 0.45 $ 0.32 $ 1.33 $ 0.94 Diluted Net income attributable to common shares $ 5,558,000 $ 3,916,000 $ 16,249,000 $ 11,432,000 Basic weighted-average common shares outstanding 12,228,833 12,124,854 12,209,879 12,105,673 Dilutive effect of potential common stock arising from stock options 42,703 37,409 38,790 40,624 Diluted weighted-average common shares outstanding 12,271,536 12,162,263 12,248,669 12,146,297 Diluted earnings per common share (a) $ 0.45 $ 0.32 $ 1.33 $ 0.94 Weighted-average non-vested restricted shares outstanding 60,462 61,233 62,262 62,825 |
Note 3 - Comprehensive Income (
Note 3 - Comprehensive Income (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Comprehensive Income (Loss) [Table Text Block] | (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Nine Months Ended September 30, 2018 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (8,698 ) $ 1,826 $ (6,872 ) Reclassification adjustment for losses realized in income 284 (59 ) 225 Other comprehensive loss on available-for-sale securities (8,414 ) 1,767 (6,647 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 93 (19 ) 74 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (13 ) 2 (11 ) Other comprehensive income on unfunded retirement obligations 80 (17 ) 63 Total other comprehensive loss $ (8,334 ) $ 1,750 $ (6,584 ) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Nine Months Ended September 30, 2017 Unrealized gains on available-for-sale securities: Unrealized holding gains on available-for-sale securities $ 2,067 $ (723 ) $ 1,344 Reclassification adjustment for (gains) realized in income (257 ) 89 (168 ) Other comprehensive income on available-for-sale securities 1,810 (634 ) 1,176 Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 166 (58 ) 108 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (18 ) 6 (12 ) Other comprehensive income on unfunded retirement obligations 148 (52 ) 96 Total other comprehensive income $ 1,958 $ (686 ) $ 1,272 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended September 30, 2018 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (2,567 ) $ 539 $ (2,028 ) Reclassification adjustment for losses realized in income 2 (0 ) 2 Other comprehensive loss on available-for-sale securities (2,565 ) 539 (2,026 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 0 0 0 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (3 ) 0 (3 ) Other comprehensive loss on unfunded retirement obligations (3 ) 0 (3 ) Total other comprehensive loss $ (2,568 ) $ 539 $ (2,029 ) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended September 30, 2017 Unrealized losses on available-for-sale securities: Unrealized holding losses on available-for-sale securities $ (213 ) $ 75 $ (138 ) Reclassification adjustment for (gains) realized in income (5 ) 1 (4 ) Other comprehensive loss on available-for-sale securities (218 ) 76 (142 ) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses included in other comprehensive income 0 0 0 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (6 ) 2 (4 ) Other comprehensive loss on unfunded retirement obligations (6 ) 2 (4 ) Total other comprehensive loss $ (224 ) $ 78 $ (146 ) |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | (In Thousands) Unrealized Accumulated (Losses) Unfunded Other Gains Retirement Comprehensive on Securities Obligations Loss Nine Months Ended September 30, 2018 Balance, beginning of period $ (1,566 ) $ 59 $ (1,507 ) Impact of change in enacted income tax rate (337 ) 12 (325 ) Impact of change in the method of premium amortization of callable debt securities 26 0 26 Impact of change in the method of accounting for marketable equity security 22 0 22 Other comprehensive (loss) income during nine months ended September 30, 2018 (6,647 ) 63 (6,584 ) Balance, end of period $ (8,502 ) $ 134 $ (8,368 ) Nine Months Ended September 30, 2017 Balance, beginning of period $ (949 ) $ 51 $ (898 ) Other comprehensive income during nine months ended September 30, 2017 1,176 96 1,272 Balance, end of period $ 227 $ 147 $ 374 Three Months Ended September 30, 2018 Balance, beginning of period $ (6,476 ) $ 137 $ (6,339 ) Other comprehensive (loss) during three months ended September 30, 2018 (2,026 ) (3 ) (2,029 ) Balance, end of period $ (8,502 ) $ 134 $ (8,368 ) Three Months Ended September 30, 2017 Balance, beginning of period $ 369 $ 151 $ 520 Other comprehensive (loss) during three months ended September 30, 2017 (142 ) (4 ) (146 ) Balance, end of period $ 227 $ 147 $ 374 |
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] | For the Nine Months Ended September 30, 2018 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ 284 Realized losses on available-for-sale debt securities, net (59 ) Income tax provision 225 Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (23 ) Other noninterest expense Actuarial loss 10 Other noninterest expense (13 ) Total before tax 2 Income tax provision (11 ) Net of tax Total reclassifications for the period $ 214 For the Nine Months Ended September 30, 2017 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ (257 ) Realized gains on available-for-sale debt securities, net 89 Income tax provision (168 ) Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (23 ) Other noninterest expense Actuarial loss 5 Other noninterest expense (18 ) Total before tax 6 Income tax provision (12 ) Net of tax Total reclassifications for the period $ (180 ) For the Three Months Ended September 30, 2018 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ 2 Realized losses on available-for-sale debt securities, net (0 ) Income tax provision 2 Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (7 ) Other noninterest expense Actuarial loss 4 Other noninterest expense (3 ) Total before tax (0 ) Income tax provision (3 ) Net of tax Total reclassifications for the period $ (1 ) For the Three Months Ended September 30, 2017 (In Thousands) Reclassified from Details about Accumulated Other Accumulated Other Affected Line Item in the Consolidated Comprehensive Loss Components Comprehensive Loss Statements of Income Unrealized gains and losses on available-for-sale securities $ (5 ) Realized gains on available-for-sale debt securities, net 1 Income tax provision (4 ) Net of tax Amortization of defined benefit pension and postretirement items: Prior service cost (8 ) Other noninterest expense Actuarial loss 2 Other noninterest expense (6 ) Total before tax 2 Income tax provision (4 ) Net of tax Total reclassifications for the period $ (8 ) |
Note 4 - Cash and Due From Ba_2
Note 4 - Cash and Due From Banks (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Cash and Cash Equivalents [Table Text Block] | (In thousands) Sept. 30, Dec. 31, 2018 2017 Cash and cash equivalents $ 36,031 $ 37,004 Certificates of deposit 2,310 3,240 Total cash and due from banks $ 38,341 $ 40,244 |
Note 5 - Fair Value Measureme_2
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Fair Value, by Balance Sheet Grouping [Table Text Block] | September 3 0 , 201 8 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 4,768 $ 0 $ 4,768 Obligations of states and political subdivisions: Tax-exempt 0 91,712 0 91,712 Taxable 0 27,642 0 27,642 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 55,131 0 55,131 Residential collateralized mortgage obligations 0 142,631 0 142,631 Commercial mortgage-backed securities 0 36,822 0 36,822 Total available-for-sale debt securities 0 358,706 0 358,706 Marketable equity security 941 0 0 941 Servicing rights 0 0 1,381 1,381 Total recurring fair value measurements $ 941 $ 358,706 $ 1,381 $ 361,028 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 3,623 $ 3,623 Valuation allowance 0 0 (1,059 ) (1,059 ) Impaired loans, net 0 0 2,564 2,564 Foreclosed assets held for sale 0 0 2,678 2,678 Total nonrecurring fair value measurements $ 0 $ 0 $ 5,242 $ 5,242 December 31, 201 7 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of U.S. Government agencies $ 0 $ 7,873 $ 0 $ 7,873 Obligations of states and political subdivisions: Tax-exempt 0 105,111 0 105,111 Taxable 0 25,573 0 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 52,347 0 52,347 Residential collateralized mortgage obligations 0 131,814 0 131,814 Commercial mortgage-backed securities 0 33,219 0 33,219 Total available-for-sale debt securities 0 355,937 0 355,937 Marketable equity security 971 0 0 971 Servicing rights 0 0 1,299 1,299 Total recurring fair value measurements $ 971 $ 355,937 $ 1,299 $ 358,207 Nonrecurring fair value measurements Impaired loans with a valuation allowance $ 0 $ 0 $ 3,776 $ 3,776 Valuation allowance 0 0 (1,183 ) (1,183 ) Impaired loans, net 0 0 2,593 2,593 Foreclosed assets held for sale 0 0 1,598 1,598 Total nonrecurring fair value measurements $ 0 $ 0 $ 4,191 $ 4,191 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | (In Thousands) Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Restricted Equity Securit Servicing Rights Total Restricted Equity Security Servicing Rights Total Balance, beginning of period $ 866 $ 1,370 $ 2,236 $ 0 $ 1,299 $ 1,299 Issuances of servicing rights 0 43 43 0 140 140 Unrealized gains (losses) included in earnings (866 ) (32 ) (898 ) 0 (58 ) (58 ) Balance, end of period $ 0 $ 1,381 $ 1,381 $ 0 $ 1,381 $ 1,381 (In Thousands) Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Restricted Equity Security Servicing Rights Total Restricted Equity Security Servicing Rights Total Balance, beginning of period $ 0 $ 1,279 $ 1,279 $ 0 $ 1,262 $ 1,262 Issuances of servicing rights 0 65 65 0 160 160 Unrealized gains (losses) included in earnings 0 (67 ) (67 ) 0 (145 ) (145 ) Balance, end of period $ 0 $ 1,277 $ 1,277 $ 0 $ 1,277 $ 1,277 |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | (In Thousands) Fair Value September 30 , 2018 December 31, 2017 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 36,031 $ 36,031 $ 37,004 $ 37,004 Certificates of deposit Level 2 2,310 2,298 3,240 3,234 Restricted equity securities (included in Other Assets) Level 2 5,147 5,147 6,556 6,556 Loans, net Level 3 813,717 811,384 806,857 789,891 Accrued interest receivable Level 2 4,279 4,279 4,048 4,048 Financial liabilities: Deposits with no stated maturity Level 2 815,607 815,607 794,778 794,778 Time deposits Level 2 228,340 228,484 213,671 213,734 Short-term borrowings Level 2 8,421 8,185 61,766 61,643 Long-term borrowings Level 2 32,985 32,987 9,189 9,256 Accrued interest payable Level 2 114 114 46 46 |
Fair Value, Measurements, Nonrecurring [Member] | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | (In Thousands, Except Weighted- Percentages) Valuation Average) Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 9 /30 /18 9 /30 /18 9 /30 /18 Technique Inputs 9 /30 /18 Impaired loans: Residential mortgage loans - first liens $ 509 $ 118 $ 391 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,550 816 1,734 Sales comparison Discount to appraised value 16 % Commercial and industrial 75 75 0 Sales comparison Discount to appraised value 100 % Loans secured by farmland 489 50 439 Sales comparison Discount to appraised value 56 % Total impaired loans $ 3,623 $ 1,059 $ 2,564 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 328 $ 0 $ 328 Sales comparison Discount to appraised value 46 % Land 110 0 110 Sales comparison Discount to appraised value 61 % Commercial real estate 2,240 0 2,240 Sales comparison Discount to appraised value 32 % Total foreclosed assets held for sale $ 2,678 $ 0 $ 2,678 (In Thousands, Except Weighted- Percentages) Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/17 12/31/17 12/31/17 Technique Inputs 12/31/17 Impaired loans: Residential mortgage loans - first liens $ 515 $ 122 $ 393 Sales comparison Discount to appraised value 26 % Commercial: Commercial loans secured by real estate 2,641 919 1,722 Sales comparison Discount to appraised value 16 % Commercial and industrial 126 92 34 Sales comparison Discount to appraised value 72 % Loans secured by farmland 494 50 444 Sales comparison Discount to appraised value 53 % Total impaired loans $ 3,776 $ 1,183 $ 2,593 Foreclosed assets held for sale - real estate: Residential (1-4 family) $ 721 $ 0 $ 721 Sales comparison Discount to appraised value 37 % Land 632 0 632 Sales comparison Discount to appraised value 35 % Commercial real estate 245 0 245 Sales comparison Discount to appraised value 71 % Total foreclosed assets held for sale $ 1,598 $ 0 $ 1,598 |
Fair Value, Measurements, Recurring [Member] | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | Fair Value at 9 /30 /1 8 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 9 /30 /18 Servicing rights $ 1,381 Discounted cash flow Discount rate 12.50 % Rate used through modeling period Loan prepayment speeds 121.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs Fair Value at 12/31/1 7 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/1 7 Servicing rights $ 1,299 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 140.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs |
Note 6 - Securities (Tables)
Note 6 - Securities (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Available-for-sale Securities [Table Text Block] | September 30 , 2018 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 4,815 $ 0 $ (47 ) $ 4,768 Obligations of states and political subdivisions: Tax-exempt 92,837 1,104 (2,229 ) 91,712 Taxable 27,975 21 (354 ) 27,642 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 57,279 46 (2,194 ) 55,131 Residential collateralized mortgage obligations 148,074 8 (5,451 ) 142,631 Commercial mortgage-backed securities 38,488 0 (1,666 ) 36,822 Total available-for-sale-debt securities $ 369,468 $ 1,179 $ (11,941 ) $ 358,706 December 31, 2017 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair (In Thousands) Cost Gains Losses Value Obligations of U.S. Government agencies $ 8,026 $ 0 $ (153 ) $ 7,873 Obligations of states and political subdivisions: Tax-exempt 103,673 2,291 (853 ) 105,111 Taxable 25,431 226 (84 ) 25,573 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 52,992 79 (724 ) 52,347 Residential collateralized mortgage obligations 134,314 110 (2,610 ) 131,814 Commercial mortgage-backed securities 33,881 4 (666 ) 33,219 Total available-for-sale debt securities $ 358,317 $ 2,710 $ (5,090 ) $ 355,937 |
Schedule of Unrealized Loss on Investments [Table Text Block] | September 3 0 , 2018 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of U.S. Government agencies $ 4,768 $ (47 ) $ 0 $ 0 $ 4,768 $ (47 ) Obligations of states and political subdivisions: Tax-exempt 25,713 (465 ) 28,785 (1,764 ) 54,498 (2,229 ) Taxable 16,635 (200 ) 5,362 (154 ) 21,997 (354 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 13,528 (178 ) 40,904 (2,016 ) 54,432 (2,194 ) Residential collateralized mortgage obligations 53,399 (884 ) 87,703 (4,567 ) 141,102 (5,451 ) Commercial mortgage-backed securities 8,798 (147 ) 28,024 (1,519 ) 36,822 (1,666 ) Total temporarily impaired available-for-sale debt securities $ 122,841 $ (1,921 ) $ 190,778 $ (10,020 ) $ 313,619 $ (11,941 ) December 31, 2017 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of U.S. Government agencies $ 0 $ 0 $ 7,873 $ (153 ) $ 7,873 $ (153 ) Obligations of states and political subdivisions: Tax-exempt 19,050 (135 ) 24,391 (718 ) 43,441 (853 ) Taxable 9,279 (45 ) 2,116 (39 ) 11,395 (84 ) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 25,255 (242 ) 22,549 (482 ) 47,804 (724 ) Residential collateralized mortgage obligations 50,812 (589 ) 68,558 (2,021 ) 119,370 (2,610 ) Commercial mortgage-backed securities 14,713 (173 ) 14,569 (493 ) 29,282 (666 ) Total temporarily impaired available-for-sale debt securities $ 119,109 $ (1,184 ) $ 140,056 $ (3,906 ) $ 259,165 $ (5,090 ) |
Realized Gain (Loss) on Investments [Table Text Block] | (In Thousands) 3 Months Ended 9 Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2018 2017 2018 2017 Gross realized gains from sales and calls $ 45 $ 47 $ 45 $ 315 Gross realized losses from sales (47 ) (42 ) (329 ) (58 ) Net realized (losses) gains $ (2 ) $ 5 $ (284 ) $ 257 |
Investments Classified by Contractual Maturity Date [Table Text Block] | Amortized Fair (In Thousands) Cost Value Due in one year or less $ 23,128 $ 23,337 Due from one year through five years 39,807 39,533 Due from five years through ten years 38,688 37,515 Due after ten years 24,004 23,737 Sub-total 125,627 124,122 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 57,279 55,131 Residential collateralized mortgage obligations 148,074 142,631 Commercial mortgage-backed securities 38,488 36,822 Total $ 369,468 $ 358,706 |
Gain (Loss) on Securities [Table Text Block] | (In Thousands) 3 Months Ended 9 Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2018 2017 2018 2017 Net gains and losses recognized during the period on equity securities $ 564 $ 0 $ 2,291 $ 0 Less: net gains and losses recognized during the period on equity securities sold during the period (571 ) 0 (2,321 ) 0 Unrealized gains and losses recognized during the period on equity securities still held at the reporting date $ (7 ) $ 0 $ (30 ) $ 0 |
Note 7 - Loans (Tables)
Note 7 - Loans (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Summary of Loans by Type (In Thousands) Sept. 30, Dec. 31, 2018 2017 Residential mortgage: Residential mortgage loans - first liens $ 366,516 $ 359,987 Residential mortgage loans - junior liens 25,748 25,325 Home equity lines of credit 34,283 35,758 1-4 Family residential construction 27,661 26,216 Total residential mortgage 454,208 447,286 Commercial: Commercial loans secured by real estate 159,212 159,266 Commercial and industrial 91,472 88,276 Political subdivisions 53,294 59,287 Commercial construction and land 12,278 14,527 Loans secured by farmland 7,208 7,255 Multi-family (5 or more) residential 7,670 7,713 Agricultural loans 5,670 6,178 Other commercial loans 14,140 10,986 Total commercial 350,944 353,488 Consumer 17,380 14,939 Total 822,532 815,713 Less: allowance for loan losses (8,815 ) (8,856 ) Loans, net $ 813,717 $ 806,857 |
Allowance for Credit Losses on Financing Receivables [Table Text Block] | Three Months Ended September 30, 2018 June 30, Provision Sept. 30, (In Thousands) 2018 Balance Charge-offs Recoveries (Credit) 2018 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,055 $ (21 ) $ 1 $ 98 $ 3,133 Residential mortgage loans - junior liens 353 0 1 (25 ) 329 Home equity lines of credit 292 (13 ) 0 15 294 1-4 Family residential construction 247 0 0 (21 ) 226 Total residential mortgage 3,947 (34 ) 2 67 3,982 Commercial: Commercial loans secured by real estate 2,613 0 0 (67 ) 2,546 Commercial and industrial 973 (11 ) 2 34 998 Commercial construction and land 135 0 0 (21 ) 114 Loans secured by farmland 106 0 0 (2 ) 104 Multi-family (5 or more) residential 174 0 0 (7 ) 167 Agricultural loans 46 0 0 0 46 Other commercial loans 134 0 0 (3 ) 131 Total commercial 4,181 (11 ) 2 (66 ) 4,106 Consumer 204 (47 ) 12 59 228 Unallocated 499 0 0 0 499 Total Allowance for Loan Losses $ 8,831 $ (92 ) $ 16 $ 60 $ 8,815 Three Months Ended September 30, 2017 June 30, Provision Sept. 30, (In Thousands) 2017 Balance Charge-offs Recoveries (Credit) 2017 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,052 $ 0 $ 1 $ 112 $ 3,165 Residential mortgage loans - junior liens 261 0 1 3 265 Home equity lines of credit 332 0 0 (6 ) 326 1-4 Family residential construction 251 0 0 (8 ) 243 Total residential mortgage 3,896 0 2 101 3,999 Commercial: Commercial loans secured by real estate 2,610 0 0 27 2,637 Commercial and industrial 910 0 1 93 1,004 Commercial construction and land 162 0 0 (13 ) 149 Loans secured by farmland 107 0 0 3 110 Multi-family (5 or more) residential 169 0 0 2 171 Agricultural loans 42 0 0 16 58 Other commercial loans 105 0 0 12 117 Total commercial 4,105 0 1 140 4,246 Consumer 134 (67 ) 7 81 155 Unallocated 500 0 0 0 500 Total Allowance for Loan Losses $ 8,635 $ (67 ) $ 10 $ 322 $ 8,900 Nine Months Ended September 30, 2018 Dec. 31, Provision Sept. 30, (In Thousands) 2017 Balance Charge-offs Recoveries (Credit) 2018 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,200 $ (108 ) $ 3 $ 38 $ 3,133 Residential mortgage loans - junior liens 224 0 4 101 329 Home equity lines of credit 296 (25 ) 0 23 294 1-4 Family residential construction 243 0 0 (17 ) 226 Total residential mortgage 3,963 (133 ) 7 145 3,982 Commercial: Commercial loans secured by real estate 2,584 (21 ) 0 (17 ) 2,546 Commercial and industrial 1,065 (144 ) 5 72 998 Commercial construction and land 150 0 0 (36 ) 114 Loans secured by farmland 105 0 0 (1 ) 104 Multi-family (5 or more) residential 172 0 0 (5 ) 167 Agricultural loans 57 0 0 (11 ) 46 Other commercial loans 102 0 0 29 131 Total commercial 4,235 (165 ) 5 31 4,106 Consumer 159 (120 ) 33 156 228 Unallocated 499 0 0 0 499 Total Allowance for Loan Losses $ 8,856 $ (418 ) $ 45 $ 332 $ 8,815 Nine Months Ended September 30, 2017 Dec. 31, Provision Sept. 30, (In Thousands) 2016 Balance Charge-offs Recoveries (Credit) 2017 Balance Allowance for Loan Losses: Residential mortgage: Residential mortgage loans - first liens $ 3,033 $ (162 ) $ 15 $ 279 $ 3,165 Residential mortgage loans - junior liens 258 (16 ) 3 20 265 Home equity lines of credit 350 0 0 (24 ) 326 1-4 Family residential construction 249 0 0 (6 ) 243 Total residential mortgage 3,890 (178 ) 18 269 3,999 Commercial: Commercial loans secured by real estate 2,380 (96 ) 0 353 2,637 Commercial and industrial 999 (1 ) 3 3 1,004 Commercial construction and land 162 0 0 (13 ) 149 Loans secured by farmland 110 0 0 0 110 Multi-family (5 or more) residential 241 0 0 (70 ) 171 Agricultural loans 40 0 0 18 58 Other commercial loans 115 0 0 2 117 Total commercial 4,047 (97 ) 3 293 4,246 Consumer 138 (127 ) 30 114 155 Unallocated 398 0 0 102 500 Total Allowance for Loan Losses $ 8,473 $ (402 ) $ 51 $ 778 $ 8,900 |
Financing Receivable Credit Quality Indicators [Table Text Block] | September 30, 2018 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 357,841 $ 281 $ 8,342 $ 52 $ 366,516 Residential mortgage loans - junior liens 25,214 95 439 0 25,748 Home equity lines of credit 33,611 59 613 0 34,283 1-4 Family residential construction 27,661 0 0 0 27,661 Total residential mortgage 444,327 435 9,394 52 454,208 Commercial: Commercial loans secured by real estate 152,701 765 5,746 0 159,212 Commercial and Industrial 85,405 4,922 1,145 0 91,472 Political subdivisions 53,294 0 0 0 53,294 Commercial construction and land 12,202 0 76 0 12,278 Loans secured by farmland 5,218 611 1,367 12 7,208 Multi-family (5 or more) residential 7,278 0 392 0 7,670 Agricultural loans 4,912 84 674 0 5,670 Other commercial loans 14,069 0 71 0 14,140 Total commercial 335,079 6,382 9,471 12 350,944 Consumer 17,336 0 44 0 17,380 Totals $ 796,742 $ 6,817 $ 18,909 $ 64 $ 822,532 December 31, 2017 (In Thousands) Special Pass Mention Substandard Doubtful Total Residential Mortgage: Residential mortgage loans - first liens $ 350,609 $ 307 $ 9,019 $ 52 $ 359,987 Residential mortgage loans - junior liens 24,795 104 426 0 25,325 Home equity lines of credit 35,233 61 464 0 35,758 1-4 Family residential construction 26,216 0 0 0 26,216 Total residential mortgage 436,853 472 9,909 52 447,286 Commercial: Commercial loans secured by real estate 150,806 936 7,524 0 159,266 Commercial and Industrial 82,724 3,896 1,645 11 88,276 Political subdivisions 59,287 0 0 0 59,287 Commercial construction and land 14,449 0 78 0 14,527 Loans secured by farmland 5,283 581 1,379 12 7,255 Multi-family (5 or more) residential 7,130 0 583 0 7,713 Agricultural loans 5,203 270 705 0 6,178 Other commercial loans 10,913 0 73 0 10,986 Total commercial 335,795 5,683 11,987 23 353,488 Consumer 14,853 0 86 0 14,939 Totals $ 787,501 $ 6,155 $ 21,982 $ 75 $ 815,713 |
Impaired Financing Receivable by Portfolio Segment [Table Text Block] | September 30, 2018 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 994 $ 365,522 $ 366,516 $ 0 $ 3,133 $ 3,133 Residential mortgage loans - junior liens 293 25,455 25,748 118 211 329 Home equity lines of credit 0 34,283 34,283 0 294 294 1-4 Family residential construction 0 27,661 27,661 0 226 226 Total residential mortgage 1,287 452,921 454,208 118 3,864 3,982 Commercial: Commercial loans secured by real estate 4,155 155,057 159,212 816 1,730 2,546 Commercial and industrial 201 91,271 91,472 75 923 998 Political subdivisions 0 53,294 53,294 0 0 0 Commercial construction and land 0 12,278 12,278 0 114 114 Loans secured by farmland 1,352 5,856 7,208 50 54 104 Multi-family (5 or more) residential 392 7,278 7,670 0 167 167 Agricultural loans 674 4,996 5,670 0 46 46 Other commercial loans 0 14,140 14,140 0 131 131 Total commercial 6,774 344,170 350,944 941 3,165 4,106 Consumer 17 17,363 17,380 0 228 228 Unallocated 499 Total $ 8,078 $ 814,454 $ 822,532 $ 1,059 $ 7,257 $ 8,815 December 31, 2017 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Residential mortgage: Residential mortgage loans - first liens $ 984 $ 359,003 $ 359,987 $ 0 $ 3,200 $ 3,200 Residential mortgage loans - junior liens 302 25,023 25,325 122 102 224 Home equity lines of credit 0 35,758 35,758 0 296 296 1-4 Family residential construction 0 26,216 26,216 0 243 243 Total residential mortgage 1,286 446,000 447,286 122 3,841 3,963 Commercial: Commercial loans secured by real estate 5,873 153,393 159,266 919 1,665 2,584 Commercial and industrial 568 87,708 88,276 188 877 1,065 Political subdivisions 0 59,287 59,287 0 0 0 Commercial construction and land 0 14,527 14,527 0 150 150 Loans secured by farmland 1,365 5,890 7,255 50 55 105 Multi-family (5 or more) residential 392 7,321 7,713 0 172 172 Agricultural loans 7 6,171 6,178 0 57 57 Other commercial loans 0 10,986 10,986 0 102 102 Total commercial 8,205 345,283 353,488 1,157 3,078 4,235 Consumer 20 14,919 14,939 0 159 159 Unallocated 499 Total $ 9,511 $ 806,202 $ 815,713 $ 1,279 $ 7,078 $ 8,856 |
Impaired Financing Receivables [Table Text Block] | (In Thousands) September 30, 2018 December 31, 2017 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related allowance recorded: Residential mortgage loans - first liens $ 753 $ 724 $ 0 $ 740 $ 711 $ 0 Residential mortgage loans - junior liens 54 54 0 60 60 0 Commercial loans secured by real estate 1,605 1,605 0 3,230 3,230 0 Commercial and industrial 126 126 0 119 119 0 Loans secured by farmland 863 863 0 871 871 0 Multi-family (5 or more) residential 987 392 0 987 392 0 Agricultural loans 674 674 0 8 8 0 Consumer 17 17 0 20 20 0 Total with no related allowance recorded 5,079 4,455 0 6,035 5,411 0 With a related allowance recorded: Residential mortgage loans - first liens 270 270 0 273 273 122 Residential mortgage loans - junior liens 239 239 118 242 242 0 Commercial loans secured by real estate 2,550 2,550 816 2,641 2,641 919 Commercial and industrial 75 75 75 449 449 188 Loans secured by farmland 489 489 50 495 495 50 Total with a related allowance recorded 3,623 3,623 1,059 4,100 4,100 1,279 Total $ 8,702 $ 8,078 $ 1,059 $ 10,135 $ 9,511 $ 1,279 |
Schedule Of Additional Information On Impaired Loans [Table Text Block] | Interest Income Recognized on Average Investment in Impaired Loans Impaired Loans on a Cash Basis (In Thousands) 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2018 2017 2018 2017 2018 2017 2018 2017 Residential mortgage: Residential mortgage loans - first lien $ 1,067 $ 733 $ 1,102 $ 738 $ 17 $ 8 $ 47 $ 25 Residential mortgage loans - junior lien 295 64 298 65 3 1 10 3 Total residential mortgage 1,362 797 1,400 803 20 9 57 28 Commercial: Commercial loans secured by real estate 4,050 6,200 4,921 6,377 25 36 95 127 Commercial and industrial 184 393 346 317 4 13 11 20 Loans secured by farmland 1,355 1,378 1,359 1,382 11 10 27 32 Multi-family (5 or more) residential 392 392 392 392 0 0 0 0 Agricultural loans 677 10 512 11 16 0 34 1 Total commercial 6,658 8,373 7,530 8,479 56 59 167 180 Consumer 17 25 18 27 1 0 1 0 Total $ 8,037 $ 9,195 $ 8,948 $ 9,309 $ 77 $ 68 $ 225 $ 208 |
Schedule of Financing Receivables, Non Accrual Status [Table Text Block] | (In Thousands) September 30, 2018 December 31, 2017 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Residential mortgage: Residential mortgage loans - first liens $ 1,615 $ 4,248 $ 2,340 $ 5,131 Residential mortgage loans - junior liens 137 239 105 242 Home equity lines of credit 102 27 203 44 Total residential mortgage 1,854 4,514 2,648 5,417 Commercial: Commercial loans secured by real estate 292 3,810 175 5,645 Commercial and industrial 708 155 603 517 Commercial construction and land 0 52 26 52 Loans secured by farmland 261 1,300 271 1,308 Multi-family (5 or more) residential 0 392 0 392 Agricultural loans 0 674 0 7 Total commercial 1,261 6,383 1,075 7,921 Consumer 9 14 1 66 Totals $ 3,124 $ 10,911 $ 3,724 $ 13,404 |
Past Due Financing Receivables [Table Text Block] | As of September 30, 2018 As of December 31, 2017 Current & Current & (In Thousands) Past Due Past Due Past Due Past Due Past Due Past Due Less than 30-89 90+ Less than 30-89 90+ 30 Days Days Days Total 30 Days Days Days Total Residential mortgage: Residential mortgage loans - first liens $ 359,582 $ 3,320 $ 3,614 $ 366,516 $ 347,032 $ 7,967 $ 4,988 $ 359,987 Residential mortgage loans - junior liens 25,499 112 137 25,748 25,133 87 105 25,325 Home equity lines of credit 33,734 438 111 34,283 34,789 732 237 35,758 1-4 Family residential construction 27,340 321 0 27,661 25,667 549 0 26,216 Total residential mortgage 446,155 4,191 3,862 454,208 432,621 9,335 5,330 447,286 Commercial: Commercial loans secured by real estate 157,281 505 1,426 159,212 155,917 311 3,038 159,266 Commercial and industrial 90,661 36 775 91,472 87,306 303 667 88,276 Political subdivisions 53,294 0 0 53,294 59,287 0 0 59,287 Commercial construction and land 12,226 0 52 12,278 14,400 49 78 14,527 Loans secured by farmland 5,448 743 1,017 7,208 6,226 12 1,017 7,255 Multi-family (5 or more) residential 7,260 18 392 7,670 7,321 0 392 7,713 Agricultural loans 5,664 0 6 5,670 6,114 57 7 6,178 Other commercial loans 14,140 0 0 14,140 10,986 0 0 10,986 Total commercial 345,974 1,302 3,668 350,944 347,557 732 5,199 353,488 Consumer 17,309 48 23 17,380 14,760 123 56 14,939 Totals $ 809,438 $ 5,541 $ 7,553 $ 822,532 $ 794,938 $ 10,190 $ 10,585 $ 815,713 |
Contractual Aging of Nonaccrual Loans [Table Text Block] | <table style="margin-right: 10%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Current &</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 44%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Less than</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" rowspan="1" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">30-89</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">90+</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">30 Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Total</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">September 30, 2018 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,396</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,086</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,429</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,911</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">December 31, 2017 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,802</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">741</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,861</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,404</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> </table></div>" id="sjs-B12"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="margin-right: 10%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Current &</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 44%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Past Due</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Less than</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" rowspan="1" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">30-89</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">90+</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;"> </div></div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">30 Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Days</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Total</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">September 30, 2018 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,396</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,086</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,429</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,911</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">December 31, 2017 Nonaccrual Totals</div></div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,802</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">741</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,861</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 11%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,404</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> </table></div> |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | Current & (In Thousands) Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Nonaccrual Total September 30, 2018 Totals $ 597 $ 101 $ 0 $ 2,925 $ 3,623 December 31, 2017 Totals $ 636 $ 0 $ 0 $ 3,027 $ 3,663 |
Schedule of Real Estate Acquired Through Foreclosure [Table Text Block] | (In Thousands) Sept. 30, Dec. 31, 2018 2017 Foreclosed residential real estate $ 328 $ 721 |
Schedule of Mortgage Loans in Process of Foreclosure [Table Text Block] | <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 15%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Sept. 30,</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Dec. 31,</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Residential real estate in process of foreclosure</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">704</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,789</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </table></div>" id="sjs-B15"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 15%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;"><div style="display: inline; font-weight: bold;">(In Thousands)</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Sept. 30,</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Dec. 31,</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Residential real estate in process of foreclosure</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">704</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,789</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </table></div> |
Troubled Debt Restructuring [Member] | |
Notes Tables | |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | (Balances in Thousands) Nine Months Ended Nine Months Ended September 30, 2018 September 30, 2017 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a six-month period 1 $ 80 0 $ 0 Commercial loans secured by real estate, Extended interest only payments for a six-month period 2 36 0 0 Commercial and industrial, Extended interest only payments for a six-month period 1 46 0 0 Total 4 $ 162 0 $ 0 |
Note 8 - Borrowed Funds (Tables
Note 8 - Borrowed Funds (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Short-term Debt [Table Text Block] | (In Thousands) Sept. 30, Dec. 31, 2018 2017 FHLB-Pittsburgh borrowings $ 3,000 $ 58,000 Customer repurchase agreements 5,421 3,766 Total short-term borrowings $ 8,421 $ 61,766 |
Schedule of Maturities of Long-term Debt [Table Text Block] | (In Thousands) Sept. 30, Dec. 31, 2018 2017 Loan maturing in November 2018 with a rate of 1.63% $ 3,000 $ 3,000 Loan maturing in December 2018 with a rate of 1.35% 3,000 3,000 Loan maturing in January 2019 with a rate of 1.83% 2,000 2,000 Loan maturing in February 2019 with a rate of 1.95% 3,000 0 Loan maturing in March 2019 with a rate of 2.15% 3,000 0 Loan maturing in April 2019 with a rate of 2.24% 3,000 0 Loan maturing in May 2019 with a rate of 2.30% 3,000 0 Loan maturing in June 2019 with a rate of 2.42% 3,000 0 Loan maturing in July 2019 with a rate of 2.41% 3,000 0 Loan maturing in August 2019 with a rate of 2.48% 3,000 0 Loan maturing in September 2019 with a rate of 2.53% 3,000 0 Loan maturing in April 2020 with a rate of 4.79% 320 463 Loan maturing in June 2025 with a rate of 4.91% 665 726 Total long-term FHLB-Pittsburgh borrowings $ 32,985 $ 9,189 |
Note 9 - Defined Benefit Plans
Note 9 - Defined Benefit Plans (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | Defined Benefit Plans (In Thousands) Pension Postretirement Nine Months Ended Nine Months Ended Sept. 30, Sept. 30, 2018 2017 2018 2017 Service cost $ 0 $ 0 $ 30 $ 27 Interest cost 19 18 38 43 Expected return on plan assets (15 ) (23 ) 0 0 Amortization of prior service cost 0 0 (23 ) (23 ) Recognized net actuarial loss 10 5 0 0 Net periodic benefit cost $ 14 $ 0 $ 45 $ 47 Defined Benefit Plans (In Thousands) Pension Postretirement Three Months Ended Three Months Ended Sept. 30, Sept. 30, 2018 2017 2018 2017 Service cost $ 0 $ 0 $ 10 $ 9 Interest cost 6 6 12 15 Expected return on plan assets (5 ) (8 ) 0 0 Amortization of prior service cost 0 0 (7 ) (8 ) Recognized net actuarial loss 4 2 0 0 Net periodic benefit cost $ 5 $ 0 $ 15 $ 16 |
Note 11 - Income Taxes (Tables)
Note 11 - Income Taxes (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | September 30, December 31, (In Thousands) 2018 2017 Deferred tax assets: Unrealized holding losses on available-for-sale securities: Included in accumulated other comprehensive loss $ 2,260 $ 843 Included in retained earnings 0 (337 ) Allowance for loan losses 1,885 1,894 Other deferred tax assets 1,901 1,726 Total deferred tax assets 6,046 4,126 Deferred tax liabilities: Defined benefit plans - ASC 835: Included in accumulated other comprehensive loss 36 31 Included in retained earnings 0 (12 ) Bank premises and equipment 825 751 Core deposit intangibles 2 3 Other deferred tax liabilities 61 64 Total deferred tax liabilities 924 837 Deferred tax asset, net $ 5,122 $ 3,289 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | Three Months Ended Nine Months Ended (Dollars In thousands) September 30, September 30, 2018 2017 2018 2017 Income before income tax provision $ 6,697 $ 5,198 $ 19,561 $ 15,111 Income tax provision 1,111 1,262 3,229 3,620 Effective tax rate 16.59 % 24.28 % 16.51 % 23.96 % |
Note 1 - Basis of Interim Pre_2
Note 1 - Basis of Interim Presentation and Status of Recent Accounting Pronouncements (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | |||||||
Sep. 30, 2018 | Jun. 30, 2018 | Sep. 30, 2018 | Sep. 30, 2017 | Mar. 31, 2018 | Jan. 01, 2018 | Dec. 31, 2017 | |||
Accrued Sale of Restricted Equity Security | $ 1,437,000 | $ 0 | |||||||
Visa Class B Stock [Member] | |||||||||
Equity Securities, FV-NI, Unrealized Gain | $ 866,000 | ||||||||
Equity Securities, FV-NI, Realized Gain | $ 571,000 | ||||||||
Accrued Sale of Restricted Equity Security | $ 1,437,000 | ||||||||
Equity Securities, FV-NI, Restricted | $ 866,000 | $ 0 | |||||||
Accounting Standards Update 2018-02 Member | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | [1] | $ 0 | |||||||
Accounting Standards Update 2018-02 Member | Retained Earnings [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | $ 325,000 | 325,000 | [1] | ||||||
Accounting Standards Update 2018-02 Member | AOCI Attributable to Parent [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (325,000) | (325,000) | [1] | ||||||
Accounting Standards Update 2017-08 [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | [2] | 0 | |||||||
Accounting Standards Update 2017-08 [Member] | Retained Earnings [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (26,000) | (26,000) | [2] | ||||||
Accounting Standards Update 2017-08 [Member] | AOCI Attributable to Parent [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | 26,000 | 26,000 | [2] | ||||||
Accounting Standards Update 2016-01 [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | [3] | 0 | |||||||
Accounting Standards Update 2016-01 [Member] | Retained Earnings [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (22,000) | (22,000) | [3] | ||||||
Accounting Standards Update 2016-01 [Member] | AOCI Attributable to Parent [Member] | |||||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | $ 22,000 | $ 22,000 | [3] | ||||||
[1] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of Accounting Standards Update (ASU) 2018-02, Reclassification of Certain tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. | ||||||||
[2] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20), effective January 1, 2018. | ||||||||
[3] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2016-01, Recognition and Measurement of Financial Assets and Liabilities, effective January 1, 2018. |
Note 2 - Per Share Data (Detail
Note 2 - Per Share Data (Details Textual) - shares shares in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 0 | 0 | 0 |
Note 2 - Per Share Data - Net I
Note 2 - Per Share Data - Net Income Per Share (Details) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | ||
Net income | $ 5,586,000 | $ 3,936,000 | $ 16,332,000 | $ 11,491,000 | |
Less: Dividends and undistributed earnings allocated to participating securities | (28,000) | (20,000) | (83,000) | (59,000) | |
Net income attributable to common shares | $ 5,558,000 | $ 3,916,000 | $ 16,249,000 | $ 11,432,000 | |
Basic weighted-average common shares outstanding (in shares) | 12,228,833 | 12,124,854 | 12,209,879 | 12,105,673 | |
Basic earnings per common share (a) (in dollars per share) | [1] | $ 0.45 | $ 0.32 | $ 1.33 | $ 0.94 |
Net income attributable to common shares | $ 5,558,000 | $ 3,916,000 | $ 16,249,000 | $ 11,432,000 | |
Dilutive effect of potential common stock arising from stock options (in shares) | 42,703 | 37,409 | 38,790 | 40,624 | |
Diluted weighted-average common shares outstanding (in shares) | 12,271,536 | 12,162,263 | 12,248,669 | 12,146,297 | |
Diluted earnings per common share (a) (in dollars per share) | [1] | $ 0.45 | $ 0.32 | $ 1.33 | $ 0.94 |
Weighted-average non-vested restricted shares outstanding (in shares) | 60,462 | 61,233 | 62,262 | 62,825 | |
[1] | Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). |
Note 3 - Comprehensive Income -
Note 3 - Comprehensive Income - Components of Other Comprehensive Income (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Unrealized holding gains (losses) on available-for-sale securities, before tax amount | $ (2,567,000) | $ (213,000) | $ (8,698,000) | $ 2,067,000 |
Unrealized holding gains (losses) on available-for-sale securities, income tax effect | 539,000 | 75,000 | 1,826,000 | (723,000) |
Unrealized holding (income) losses on available-for-sale securities, net of tax amount | (2,028,000) | (138,000) | (6,872,000) | 1,344,000 |
Reclassification adjustment for losses realized in income, before tax amount | 2,000 | (5,000) | 284,000 | (257,000) |
Reclassification adjustment for losses realized in income, income tax effect | 0 | 1,000 | (59,000) | 89,000 |
Reclassification adjustment for losses realized in income, net of tax amount | 2,000 | (4,000) | 225,000 | (168,000) |
Other comprehensive income (loss) on available-for-sale securities, before tax amount | (2,565,000) | (218,000) | (8,414,000) | 1,810,000 |
Other comprehensive income on available-for-sale securities, income tax effect | 539,000 | 76,000 | 1,767,000 | (634,000) |
Other comprehensive income on available-for-sale securities, net of tax amount | (2,026,000) | (142,000) | (6,647,000) | 1,176,000 |
Changes from plan amendments and actuarial gains and losses included in other comprehensive income, before tax amount | 0 | 0 | 93,000 | 166,000 |
Changes from plan amendments and actuarial gains and losses included in other comprehensive income, income tax effect | 0 | 0 | (19,000) | (58,000) |
Changes from plan amendments and actuarial gains and losses included in other comprehensive income, net of tax amount | 0 | 0 | 74,000 | 108,000 |
Amortization of net transition obligation, prior service cost and net actuarial gain included in net periodic benefit cost, before tax amount | (3,000) | (6,000) | (13,000) | (18,000) |
Amortization of net transition obligation, prior service cost and net actuarial gain included in net periodic benefit cost, income tax effect | 0 | 2,000 | 2,000 | 6,000 |
Amortization of net transition obligation, prior service cost and net actuarial gain included in net periodic benefit cost, net of tax amount | (3,000) | (4,000) | (11,000) | (12,000) |
Other comprehensive (income) loss on unfunded retirement obligations, before tax amount | (3,000) | (6,000) | 80,000 | 148,000 |
Other comprehensive income (loss) on unfunded retirement obligations, income tax effect | 0 | 2,000 | (17,000) | (52,000) |
Other comprehensive income (loss) on unfunded retirement obligations, net of tax amount | (3,000) | (4,000) | 63,000 | 96,000 |
Total other comprehensive income, before tax amount | (2,568,000) | (224,000) | (8,334,000) | 1,958,000 |
Total other comprehensive income (loss), income tax effect | 539,000 | 78,000 | 1,750,000 | (686,000) |
Net other comprehensive (loss) income | $ (2,029,000) | $ (146,000) | $ (6,584,000) | $ 1,272,000 |
Note 3 - Comprehensive Income_2
Note 3 - Comprehensive Income - Changes in the Components of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | ||
Balance | $ 188,443 | $ 186,008 | |||
Other comprehensive (loss) income | $ (2,029) | $ (146) | (6,584) | 1,272 | |
Balance | 189,987 | 191,013 | 189,987 | 191,013 | |
Accounting Standards Update 2018-02 Member | |||||
Impact of change in enacted income tax rate (a) | [1] | 0 | |||
Accounting Standards Update 2017-08 [Member] | |||||
Impact of change in enacted income tax rate (a) | [2] | 0 | |||
Accounting Standards Update 2016-01 [Member] | |||||
Impact of change in enacted income tax rate (a) | [3] | 0 | |||
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | |||||
Balance | (6,476) | 369 | (1,566) | (949) | |
Other comprehensive (loss) income | (2,026) | (142) | (6,647) | 1,176 | |
Balance | (8,502) | 227 | (8,502) | 227 | |
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Accounting Standards Update 2018-02 Member | |||||
Impact of change in enacted income tax rate (a) | (337) | ||||
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Accounting Standards Update 2017-08 [Member] | |||||
Impact of change in enacted income tax rate (a) | 26 | ||||
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Accounting Standards Update 2016-01 [Member] | |||||
Impact of change in enacted income tax rate (a) | 22 | ||||
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | |||||
Balance | 137 | 151 | 59 | 51 | |
Other comprehensive (loss) income | (3) | (4) | 63 | 96 | |
Balance | 134 | 147 | 134 | 147 | |
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Accounting Standards Update 2018-02 Member | |||||
Impact of change in enacted income tax rate (a) | 12 | ||||
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Accounting Standards Update 2017-08 [Member] | |||||
Impact of change in enacted income tax rate (a) | 0 | ||||
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Accounting Standards Update 2016-01 [Member] | |||||
Impact of change in enacted income tax rate (a) | 0 | ||||
AOCI Attributable to Parent [Member] | |||||
Balance | (6,339) | 520 | (1,507) | (898) | |
Other comprehensive (loss) income | (2,029) | (146) | (6,584) | 1,272 | |
Balance | $ (8,368) | $ 374 | (8,368) | $ 374 | |
AOCI Attributable to Parent [Member] | Accounting Standards Update 2018-02 Member | |||||
Impact of change in enacted income tax rate (a) | [1] | (325) | |||
AOCI Attributable to Parent [Member] | Accounting Standards Update 2017-08 [Member] | |||||
Impact of change in enacted income tax rate (a) | [2] | 26 | |||
AOCI Attributable to Parent [Member] | Accounting Standards Update 2016-01 [Member] | |||||
Impact of change in enacted income tax rate (a) | [3] | $ 22 | |||
[1] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of Accounting Standards Update (ASU) 2018-02, Reclassification of Certain tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. | ||||
[2] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20), effective January 1, 2018. | ||||
[3] | As described in more detail in the Recent Accounting Pronouncements - Adopted section of Note 1, this reclassification resulted from adoption of ASU 2016-01, Recognition and Measurement of Financial Assets and Liabilities, effective January 1, 2018. |
Note 3 - Comprehensive Income_3
Note 3 - Comprehensive Income - Amounts Reclassified Out of Each Component of OCI (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Income tax provision | $ 1,111,000 | $ 1,262,000 | $ 3,229,000 | $ 3,620,000 |
Net income | (5,586,000) | (3,936,000) | (16,332,000) | (11,491,000) |
Total before tax | (6,697,000) | (5,198,000) | (19,561,000) | (15,111,000) |
Reclassification out of Accumulated Other Comprehensive Income [Member] | ||||
Net income | (1,000) | (8,000) | 214,000 | (180,000) |
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | ||||
Unrealized gains and losses on available-for-sale securities | 2,000 | (5,000) | 284,000 | (257,000) |
Income tax provision | 0 | 1,000 | (59,000) | 89,000 |
Net income | 2,000 | (4,000) | 225,000 | (168,000) |
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | ||||
Income tax provision | 0 | 2,000 | 2,000 | 6,000 |
Net income | (3,000) | (4,000) | (11,000) | (12,000) |
Prior service cost | (7,000) | (8,000) | (23,000) | (23,000) |
Actuarial loss | 4,000 | 2,000 | 10,000 | 5,000 |
Total before tax | $ (3,000) | $ (6,000) | $ (13,000) | $ (18,000) |
Note 4 - Cash and Due From Ba_3
Note 4 - Cash and Due From Banks (Details Textual) - USD ($) | Sep. 30, 2018 | Dec. 31, 2017 |
Restricted Cash and Cash Equivalents, Current, Total | $ 14,783,000 | $ 17,178,000 |
Note 4 - Cash and Due From Ba_4
Note 4 - Cash and Due From Banks - Summary of Cash and Due From Banks (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Cash and cash equivalents | $ 36,031 | $ 37,004 |
Certificates of deposit | 2,310 | 3,240 |
Total cash and due from banks | $ 38,341 | $ 40,244 |
Note 5 - Fair Value Measureme_3
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments - Assets Measured at Fair Value (Details) - USD ($) | Sep. 30, 2018 | Dec. 31, 2017 |
Available-for-sale securities | $ 358,706,000 | $ 355,937,000 |
Marketable equity security | 941,000 | 971,000 |
Unpaid principal - with allowance | 3,623,000 | 4,100,000 |
Valuation allowance | (1,059,000) | (1,279,000) |
Impaired loans, net | 3,623,000 | 4,100,000 |
Marketable equity security | 941,000 | 971,000 |
US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 4,768,000 | 7,873,000 |
Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 91,712,000 | 105,111,000 |
Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 27,642,000 | 25,573,000 |
Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 55,131,000 | 52,347,000 |
Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 142,631,000 | 131,814,000 |
Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 36,822,000 | 33,219,000 |
Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 358,706,000 | 355,937,000 |
Marketable equity security | 941,000 | 971,000 |
Fair value | 1,381,000 | 1,299,000 |
Total asset fair value measurements | 361,028,000 | 358,207,000 |
Marketable equity security | 941,000 | 971,000 |
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 4,768,000 | 7,873,000 |
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 91,712,000 | 105,111,000 |
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 27,642,000 | 25,573,000 |
Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 55,131,000 | 52,347,000 |
Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 142,631,000 | 131,814,000 |
Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 36,822,000 | 33,219,000 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 5,242,000 | 4,191,000 |
Unpaid principal - with allowance | 3,623,000 | 3,776,000 |
Valuation allowance | (1,059,000) | (1,183,000) |
Impaired loans, net | 2,564,000 | 2,593,000 |
Foreclosed residential real estate | 2,678,000 | 1,598,000 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 0 | 0 |
Marketable equity security | 941,000 | 971,000 |
Fair value | 0 | 0 |
Total asset fair value measurements | 941,000 | 971,000 |
Marketable equity security | 941,000 | 971,000 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 0 | 0 |
Unpaid principal - with allowance | 0 | 0 |
Valuation allowance | 0 | 0 |
Impaired loans, net | 0 | 0 |
Foreclosed residential real estate | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 358,706,000 | 355,937,000 |
Marketable equity security | 0 | 0 |
Fair value | 0 | 0 |
Total asset fair value measurements | 358,706,000 | 355,937,000 |
Marketable equity security | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 4,768,000 | 7,873,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 91,712,000 | 105,111,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 27,642,000 | 25,573,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 55,131,000 | 52,347,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 142,631,000 | 131,814,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 36,822,000 | 33,219,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 0 | 0 |
Unpaid principal - with allowance | 0 | 0 |
Valuation allowance | 0 | 0 |
Impaired loans, net | 0 | 0 |
Foreclosed residential real estate | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Available-for-sale securities | 0 | 0 |
Marketable equity security | 0 | 0 |
Fair value | 1,381,000 | 1,299,000 |
Total asset fair value measurements | 1,381,000 | 1,299,000 |
Marketable equity security | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Pass-Through Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Total asset fair value measurements | 5,242,000 | 4,191,000 |
Unpaid principal - with allowance | 3,623,000 | 3,776,000 |
Valuation allowance | (1,059,000) | (1,183,000) |
Impaired loans, net | 2,564,000 | 2,593,000 |
Foreclosed residential real estate | $ 2,678,000 | $ 1,598,000 |
Note 5 - Fair Value Measureme_4
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments - Valuation Techniques and the Unobservable Inputs Used in Determining Fair Value - Recurring Basis (Details) - USD ($) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2018 | Dec. 31, 2017 | |
Fair Value, Measurements, Recurring [Member] | ||
Fair value | $ 1,381,000 | $ 1,299,000 |
Valuation Technique, Discounted Cash Flow [Member] | Servicing Rights Assets [Member] | ||
Discount rate | 12.50% | 13.00% |
Weighted-average PSA | 121.00% | 140.00% |
Servicing fees of loan balances | 0.25% | 0.25% |
Servicing fees of payments are late | 4.00% | 4.00% |
Late fees assessed | 5.00% | 5.00% |
Miscellaneous fees per account per month | $ 1.94 | $ 1.94 |
Monthly servicing cost per account | 6 | 6 |
Additional monthly servicing cost per loan on loans more than 30 days delinquent | $ 24 | $ 24 |
Servicing costs of loans more than 30 days delinquent | 1.50% | 1.50% |
Annual increase in servicing costs | 3.00% | 3.00% |
Valuation Technique, Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring [Member] | ||
Fair value | $ 1,381,000 | $ 1,299,000 |
Note 5 - Fair Value Measureme_5
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments - Reconciliation of Activity for Level 3 Assets Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Balance, beginning of period | $ 2,236 | $ 1,279 | $ 1,299 | $ 1,262 |
Issuances of servicing rights | 43 | 65 | 140 | 160 |
Unrealized gains (losses) included in earnings | (898) | (67) | (58) | (145) |
Balance, end of period | 1,381 | 1,277 | 1,381 | 1,277 |
Restricted Equity Security [Member] | ||||
Balance, beginning of period | 866 | 0 | 0 | 0 |
Issuances of servicing rights | 0 | 0 | 0 | 0 |
Unrealized gains (losses) included in earnings | (866) | 0 | 0 | 0 |
Balance, end of period | 0 | 0 | 0 | 0 |
Servicing Rights Assets [Member] | ||||
Balance, beginning of period | 1,370 | 1,279 | 1,299 | 1,262 |
Issuances of servicing rights | 43 | 65 | 140 | 160 |
Unrealized gains (losses) included in earnings | (32) | (67) | (58) | (145) |
Balance, end of period | $ 1,381 | $ 1,277 | $ 1,381 | $ 1,277 |
Note 5 - Fair Value Measureme_6
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments - Valuation Techniques and the Unobservable Inputs Used in Determining Fair Value - Nonrecurring Basis (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Recorded investment - with allowance | $ 3,623 | $ 4,100 |
Related allowance | 1,059 | 1,279 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Recorded investment - with allowance | 2,564 | 2,593 |
Related allowance | 1,059 | 1,183 |
Fair value | 2,564 | 2,593 |
Foreclosed assets held for sale | 2,678 | 1,598 |
Fair value | 2,678 | 1,598 |
Land Receivable [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 110 | 632 |
Commercial Real Estate Receivables [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 2,240 | 245 |
Residential Portfolio Segment [Member] | ||
Foreclosed assets held for sale | 328 | 721 |
Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 328 | 721 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 391 | 393 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Recorded investment - with allowance | 2,550 | 2,641 |
Related allowance | 816 | 919 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 1,734 | 1,722 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Recorded investment - with allowance | 75 | 449 |
Related allowance | 75 | 188 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 0 | 34 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Recorded investment - with allowance | 489 | 495 |
Related allowance | 50 | 50 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Valuation, Market Approach [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair value | 439 | 444 |
Impaired Loans [Member] | ||
Recorded investment - with allowance | 3,623 | 3,776 |
Related allowance | 1,059 | 1,183 |
Impaired Loans [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | 509 | 515 |
Related allowance | $ 118 | $ 122 |
Discount rate | 26.00% | 26.00% |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 2,550 | $ 2,641 |
Related allowance | $ 816 | $ 919 |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 16.00% | 16.00% |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 75 | $ 126 |
Related allowance | $ 75 | $ 92 |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 100.00% | 72.00% |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Valuation, Market Approach [Member] | ||
Recorded investment - with allowance | $ 489 | $ 494 |
Related allowance | $ 50 | $ 50 |
Impaired Loans [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 56.00% | 53.00% |
Foreclosed Assets Held For Sale [Member] | ||
Foreclosed assets held for sale | $ 2,678 | $ 1,598 |
Valuation allowance | 0 | 0 |
Foreclosed Assets Held For Sale [Member] | Land Receivable [Member] | Valuation, Market Approach [Member] | ||
Foreclosed assets held for sale | 110 | 632 |
Valuation allowance | $ 0 | $ 0 |
Foreclosed Assets Held For Sale [Member] | Land Receivable [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 61.00% | 35.00% |
Foreclosed Assets Held For Sale [Member] | Commercial Real Estate Receivables [Member] | Valuation, Market Approach [Member] | ||
Foreclosed assets held for sale | $ 2,240 | $ 245 |
Valuation allowance | $ 0 | $ 0 |
Foreclosed Assets Held For Sale [Member] | Commercial Real Estate Receivables [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 32.00% | 71.00% |
Foreclosed Assets Held For Sale [Member] | Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | ||
Foreclosed assets held for sale | $ 328 | $ 721 |
Valuation allowance | $ 0 | $ 0 |
Foreclosed Assets Held For Sale [Member] | Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Weighted Average [Member] | ||
Discount rate | 46.00% | 37.00% |
Note 5 - Fair Value Measureme_7
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments - Estimated Fair Values, and Related Carrying Amounts, of the Financial Instruments (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Cash and cash equivalents | $ 36,031 | $ 37,004 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Certificates of deposit | 2,310 | 3,240 |
Restricted equity securities (included in Other Assets) | 5,147 | 6,556 |
Accrued interest receivable | 4,279 | 4,048 |
Short-term borrowings | 8,421 | 61,766 |
Long-term borrowings | 32,985 | 9,189 |
Accrued interest payable | 114 | 46 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Deposits With No Stated Maturity [Member] | ||
Deposits, fair value | 815,607 | 794,778 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Time Deposits [Member] | ||
Deposits, fair value | 228,340 | 213,671 |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Loans, net | 813,717 | 806,857 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Cash and cash equivalents | 36,031 | 37,004 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Certificates of deposit | 2,298 | 3,234 |
Restricted equity securities (included in Other Assets) | 5,147 | 6,556 |
Accrued interest receivable | 4,279 | 4,048 |
Short-term borrowings | 8,185 | 61,643 |
Long-term borrowings | 32,987 | 9,256 |
Accrued interest payable | 114 | 46 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Deposits With No Stated Maturity [Member] | ||
Deposits, fair value | 815,607 | 794,778 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Time Deposits [Member] | ||
Deposits, fair value | 228,484 | 213,734 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Loans, net | $ 811,384 | $ 789,891 |
Note 6 - Securities (Details Te
Note 6 - Securities (Details Textual) | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
Jun. 30, 2018USD ($)$ / sharesshares | Sep. 30, 2018USD ($)$ / sharesshares | Jun. 30, 2018USD ($) | Sep. 30, 2017USD ($) | Sep. 30, 2018USD ($) | Sep. 30, 2017USD ($) | Dec. 31, 2017USD ($)shares | Mar. 31, 2018USD ($) | |
Equity Securities, FV-NI | $ 941,000 | $ 941,000 | $ 971,000 | |||||
Equity Securities, FV-NI, Unrealized Gain (Loss), Total | (7,000) | $ 0 | (30,000) | $ 0 | ||||
Equity Securities, FV-NI, Gain (Loss), Total | 564,000 | $ 0 | 2,291,000 | 0 | ||||
Accrued Sale of Restricted Equity Security | 1,437,000 | $ 0 | ||||||
Other Assets [Member] | Federal Home Loan Bank of Pittsburgh [Member] | ||||||||
Federal Home Loan Bank Stock | $ 5,017,000 | $ 5,017,000 | $ 6,426,000 | |||||
Mutual Fund [Member] | ||||||||
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total | 1 | 1 | 1 | |||||
Equity Securities Unrealized Loss Cumulative Amount | $ 59,000 | $ 59,000 | $ 29,000 | |||||
Mutual Fund [Member] | Other Noninterest Income [Member] | ||||||||
Equity Securities, FV-NI, Unrealized Gain (Loss), Total | $ (7,000) | (30,000) | ||||||
FHLB Stock [Member] | Federal Home Loan Bank of Pittsburgh [Member] | ||||||||
Other than Temporary Impairment Losses, Investments, Total | 0 | $ 0 | ||||||
Visa Class B Stock [Member] | ||||||||
Equity Securities, FV-NI, Gain (Loss), Total | $ 1,750,000 | |||||||
Number of Restricted Securities Hold | shares | 19,789 | |||||||
Equity Securities, FV-NI, Restricted | $ 866,000 | $ 866,000 | $ 0 | |||||
Number of Restricted Securities Sold | shares | 10,000 | 9,789 | ||||||
Restricted Securities Sold, Price Per Share | $ / shares | $ 88.43 | $ 146.80 | ||||||
Accrued Sale of Restricted Equity Security | $ 1,437,000 | |||||||
Equity Securities, FV-NI, Realized Gain | 571,000 | |||||||
Visa Class B Stock [Member] | Other Assets [Member] | ||||||||
Receivable, Sale of Restricted Equity Securities | 1,437,000 | 1,437,000 | ||||||
Investment Securities [Member] | ||||||||
Debt Securities, Available-for-sale, Restricted | $ 236,671,000 | $ 236,671,000 | $ 217,925,000 |
Note 6 - Securities - Available
Note 6 - Securities - Available-for-sale Securities (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Total, amortized cost | $ 369,468 | $ 358,317 |
Available-for-sale securities, gross unrealized holding gains | 1,179 | 2,710 |
Available-for-sale securities, gross unrealized holding losses | (11,941) | (5,090) |
Available-for-sale debt securities, at fair value | 358,706 | 355,937 |
US Government Agencies Debt Securities [Member] | ||
Total, amortized cost | 4,815 | 8,026 |
Available-for-sale securities, gross unrealized holding gains | 0 | 0 |
Available-for-sale securities, gross unrealized holding losses | (47) | (153) |
Available-for-sale debt securities, at fair value | 4,768 | 7,873 |
Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Total, amortized cost | 92,837 | 103,673 |
Available-for-sale securities, gross unrealized holding gains | 1,104 | 2,291 |
Available-for-sale securities, gross unrealized holding losses | (2,229) | (853) |
Available-for-sale debt securities, at fair value | 91,712 | 105,111 |
Obligations of States and Political Subdivisions Taxable [Member] | ||
Total, amortized cost | 27,975 | 25,431 |
Available-for-sale securities, gross unrealized holding gains | 21 | 226 |
Available-for-sale securities, gross unrealized holding losses | (354) | (84) |
Available-for-sale debt securities, at fair value | 27,642 | 25,573 |
Residential Pass-Through Securities [Member] | ||
Total, amortized cost | 57,279 | 52,992 |
Available-for-sale securities, gross unrealized holding gains | 46 | 79 |
Available-for-sale securities, gross unrealized holding losses | (2,194) | (724) |
Available-for-sale debt securities, at fair value | 55,131 | 52,347 |
Residential Collateralized Mortgage Obligations [Member] | ||
Total, amortized cost | 148,074 | 134,314 |
Available-for-sale securities, gross unrealized holding gains | 8 | 110 |
Available-for-sale securities, gross unrealized holding losses | (5,451) | (2,610) |
Available-for-sale debt securities, at fair value | 142,631 | 131,814 |
Commercial Mortgage Backed Securities [Member] | ||
Total, amortized cost | 38,488 | 33,881 |
Available-for-sale securities, gross unrealized holding gains | 0 | 4 |
Available-for-sale securities, gross unrealized holding losses | (1,666) | (666) |
Available-for-sale debt securities, at fair value | $ 36,822 | $ 33,219 |
Note 6 - Securities - Availab_2
Note 6 - Securities - Available-for-sale Securities With Unrealized Loss Positions (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | $ 122,841 | $ 119,109 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (1,921) | (1,184) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 190,778 | 140,056 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (10,020) | (3,906) |
Available-for-sale securities with unrealized loss positions, fair value | 313,619 | 259,165 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (11,941) | (5,090) |
US Government Agencies Debt Securities [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 4,768 | 0 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (47) | 0 |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 0 | 7,873 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | 0 | (153) |
Available-for-sale securities with unrealized loss positions, fair value | 4,768 | 7,873 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (47) | (153) |
Obligations of States and Political Subdivisions Tax Exempt [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 25,713 | 19,050 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (465) | (135) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 28,785 | 24,391 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (1,764) | (718) |
Available-for-sale securities with unrealized loss positions, fair value | 54,498 | 43,441 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (2,229) | (853) |
Obligations of States and Political Subdivisions Taxable [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 16,635 | 9,279 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (200) | (45) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 5,362 | 2,116 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (154) | (39) |
Available-for-sale securities with unrealized loss positions, fair value | 21,997 | 11,395 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (354) | (84) |
Residential Pass-Through Securities [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 13,528 | 25,255 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (178) | (242) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 40,904 | 22,549 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (2,016) | (482) |
Available-for-sale securities with unrealized loss positions, fair value | 54,432 | 47,804 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (2,194) | (724) |
Residential Collateralized Mortgage Obligations [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 53,399 | 50,812 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (884) | (589) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 87,703 | 68,558 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (4,567) | (2,021) |
Available-for-sale securities with unrealized loss positions, fair value | 141,102 | 119,370 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | (5,451) | (2,610) |
Commercial Mortgage Backed Securities [Member] | ||
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value | 8,798 | 14,713 |
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses | (147) | (173) |
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value | 28,024 | 14,569 |
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses | (1,519) | (493) |
Available-for-sale securities with unrealized loss positions, fair value | 36,822 | 29,282 |
Available-for-sale securities, with unrealized loss positions, unrealized losses | $ (1,666) | $ (666) |
Note 6 - Securities - Gross Rea
Note 6 - Securities - Gross Realized Gains and Losses From Available-for-sale Securities (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Gross realized gains from sales and calls | $ 45 | $ 47 | $ 45 | $ 315 |
Gross realized losses from sales | (47) | (42) | (329) | (58) |
Net realized (losses) gains | $ (2) | $ 5 | $ (284) | $ 257 |
Note 6 - Securities - Availab_3
Note 6 - Securities - Available-for-sale Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Due in one year or less, amortized cost | $ 23,128 | |
Due in one year or less, fair value | 23,337 | |
Due from one year through five years. amortized cost | 39,807 | |
Due from one year through five years, fair value | 39,533 | |
Due from five years through ten years, amortized cost | 38,688 | |
Due from five years through ten years, fair value | 37,515 | |
Due after ten years, amortized cost | 24,004 | |
Due after ten years, fair value | 23,737 | |
Sub-total, amortized cost | 125,627 | |
Sub-total, fair value | 124,122 | |
Total, amortized cost | 369,468 | $ 358,317 |
Available-for-sale debt securities, at fair value | 358,706 | 355,937 |
Residential Pass-Through Securities [Member] | ||
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost | 57,279 | |
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value | 55,131 | |
Total, amortized cost | 57,279 | 52,992 |
Available-for-sale debt securities, at fair value | 55,131 | 52,347 |
Residential Collateralized Mortgage Obligations [Member] | ||
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost | 148,074 | |
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value | 142,631 | |
Total, amortized cost | 148,074 | 134,314 |
Available-for-sale debt securities, at fair value | 142,631 | $ 131,814 |
Commercial Mortgage-backed Securities [Member] | ||
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost | 38,488 | |
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value | $ 36,822 |
Note 6 - Securities - Summary o
Note 6 - Securities - Summary of Gains (Losses) on Equity Securities (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Net gains and losses recognized during the period on equity securities | $ 564 | $ 0 | $ 2,291 | $ 0 |
Less: net gains and losses recognized during the period on equity securities sold during the period | (571) | 0 | (2,321) | 0 |
Unrealized gains and losses recognized during the period on equity securities still held at the reporting date | $ (7) | $ 0 | $ (30) | $ 0 |
Note 7 - Loans (Details Textual
Note 7 - Loans (Details Textual) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||||
Sep. 30, 2018USD ($) | Sep. 30, 2017USD ($) | Sep. 30, 2018USD ($) | Sep. 30, 2017USD ($) | Dec. 31, 2017USD ($) | Jun. 30, 2018USD ($) | Jun. 30, 2017USD ($) | Dec. 31, 2016USD ($) | |
Financing Receivable, Allowance for Credit Losses, Ending Balance | $ 8,815,000 | $ 8,900,000 | $ 8,815,000 | $ 8,900,000 | $ 8,856,000 | $ 8,831,000 | $ 8,635,000 | $ 8,473,000 |
Loans and Leases Receivable, Impaired, Commitment to Lend | $ 0 | $ 0 | 0 | |||||
Financing Receivable, Modifications, Number of Contracts | 0 | 0 | 4 | 0 | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | ||||||
Commercial Portfolio Segment [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses, Ending Balance | $ 4,106,000 | $ 4,246,000 | $ 4,106,000 | $ 4,246,000 | 4,235,000 | 4,181,000 | 4,105,000 | 4,047,000 |
Residential Portfolio Segment [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses, Ending Balance | 3,982,000 | $ 3,999,000 | 3,982,000 | $ 3,999,000 | 3,963,000 | $ 3,947,000 | $ 3,896,000 | $ 3,890,000 |
Minimum [Member] | ||||||||
Financing Receivable Individually Evaluated for Impairment Estimated Loss Trigger | 100,000 | 100,000 | ||||||
Minimum [Member] | Commercial Portfolio Segment [Member] | ||||||||
Financing Receivable Individually Evaluated for Impairment Threshold With Estimated Loss | 200,000 | 200,000 | ||||||
Minimum [Member] | Residential Portfolio Segment [Member] | ||||||||
Financing Receivable Individually Evaluated for Impairment Threshold With Estimated Loss | $ 400,000 | $ 400,000 | ||||||
Commercial Loan [Member] | ||||||||
Loans Receivable Secured by Real Estate Percentage | 54.00% | 54.00% | ||||||
Unfunded Loan Commitment [Member] | ||||||||
Financing Receivable, Allowance for Credit Losses, Ending Balance | $ 0 | $ 0 | $ 0 | |||||
Loans Receivable 1 [Member] | Credit Availability Concentration Risk [Member] | ||||||||
Concentration Risk, Percentage | 0.00% | 0.00% |
Note 7 - Loans - Loans Receivab
Note 7 - Loans - Loans Receivable (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Jun. 30, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Dec. 31, 2016 |
Loans receivable | $ 822,532 | $ 815,713 | ||||
Allowance for loan losses | (8,815) | $ (8,831) | (8,856) | $ (8,900) | $ (8,635) | $ (8,473) |
Loans, net | 813,717 | 806,857 | ||||
Residential Portfolio Segment [Member] | ||||||
Loans receivable | 454,208 | 447,286 | ||||
Allowance for loan losses | (3,982) | (3,947) | (3,963) | (3,999) | (3,896) | (3,890) |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||||||
Loans receivable | 366,516 | 359,987 | ||||
Allowance for loan losses | (3,133) | (3,055) | (3,200) | (3,165) | (3,052) | (3,033) |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||||||
Loans receivable | 25,748 | 25,325 | ||||
Allowance for loan losses | (329) | (353) | (224) | (265) | (261) | (258) |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||||||
Loans receivable | 34,283 | 35,758 | ||||
Allowance for loan losses | (294) | (292) | (296) | (326) | (332) | (350) |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||||||
Loans receivable | 27,661 | 26,216 | ||||
Allowance for loan losses | (226) | (247) | (243) | (243) | (251) | (249) |
Commercial Portfolio Segment [Member] | ||||||
Loans receivable | 350,944 | 353,488 | ||||
Allowance for loan losses | (4,106) | (4,181) | (4,235) | (4,246) | (4,105) | (4,047) |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||||||
Loans receivable | 159,212 | 159,266 | ||||
Allowance for loan losses | (2,546) | (2,613) | (2,584) | (2,637) | (2,610) | (2,380) |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||||||
Loans receivable | 12,278 | 14,527 | ||||
Allowance for loan losses | (114) | (135) | (150) | (149) | (162) | (162) |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||||||
Loans receivable | 91,472 | 88,276 | ||||
Allowance for loan losses | (998) | (973) | (1,065) | (1,004) | (910) | (999) |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||||||
Loans receivable | 53,294 | 59,287 | ||||
Allowance for loan losses | 0 | 0 | ||||
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||||||
Loans receivable | 7,208 | 7,255 | ||||
Allowance for loan losses | (104) | (106) | (105) | (110) | (107) | (110) |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||||||
Loans receivable | 7,670 | 7,713 | ||||
Allowance for loan losses | (167) | (174) | (172) | (171) | (169) | (241) |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||||||
Loans receivable | 5,670 | 6,178 | ||||
Allowance for loan losses | (46) | (46) | (57) | (58) | (42) | (40) |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||||||
Loans receivable | 14,140 | 10,986 | ||||
Allowance for loan losses | (131) | (134) | (102) | (117) | (105) | (115) |
Consumer Portfolio Segment [Member] | ||||||
Loans receivable | 17,380 | 14,939 | ||||
Allowance for loan losses | $ (228) | $ (204) | $ (159) | $ (155) | $ (134) | $ (138) |
Note 7 - Loans - Allowance for
Note 7 - Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Allowance for loan losses | $ 8,831 | $ 8,635 | $ 8,856 | $ 8,473 |
Allowance for loan losses, charge-offs | (92) | (67) | (418) | (402) |
Allowance for loan losses, recoveries | 16 | 10 | 45 | 51 |
Allowance for loan losses, provision | 60 | 322 | 332 | 778 |
Allowance for loan losses | 8,815 | 8,900 | 8,815 | 8,900 |
Residential Portfolio Segment [Member] | ||||
Allowance for loan losses | 3,947 | 3,896 | 3,963 | 3,890 |
Allowance for loan losses, charge-offs | (34) | 0 | (133) | (178) |
Allowance for loan losses, recoveries | 2 | 2 | 7 | 18 |
Allowance for loan losses, provision | 67 | 101 | 145 | 269 |
Allowance for loan losses | 3,982 | 3,999 | 3,982 | 3,999 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||||
Allowance for loan losses | 3,055 | 3,052 | 3,200 | 3,033 |
Allowance for loan losses, charge-offs | (21) | 0 | (108) | (162) |
Allowance for loan losses, recoveries | 1 | 1 | 3 | 15 |
Allowance for loan losses, provision | 98 | 112 | 38 | 279 |
Allowance for loan losses | 3,133 | 3,165 | 3,133 | 3,165 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||||
Allowance for loan losses | 353 | 261 | 224 | 258 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | (16) |
Allowance for loan losses, recoveries | 1 | 1 | 4 | 3 |
Allowance for loan losses, provision | (25) | 3 | 101 | 20 |
Allowance for loan losses | 329 | 265 | 329 | 265 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||||
Allowance for loan losses | 292 | 332 | 296 | 350 |
Allowance for loan losses, charge-offs | (13) | 0 | (25) | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | 15 | (6) | 23 | (24) |
Allowance for loan losses | 294 | 326 | 294 | 326 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||||
Allowance for loan losses | 247 | 251 | 243 | 249 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | (21) | (8) | (17) | (6) |
Allowance for loan losses | 226 | 243 | 226 | 243 |
Commercial Portfolio Segment [Member] | ||||
Allowance for loan losses | 4,181 | 4,105 | 4,235 | 4,047 |
Allowance for loan losses, charge-offs | (11) | 0 | (165) | (97) |
Allowance for loan losses, recoveries | 2 | 1 | 5 | 3 |
Allowance for loan losses, provision | (66) | 140 | 31 | 293 |
Allowance for loan losses | 4,106 | 4,246 | 4,106 | 4,246 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||||
Allowance for loan losses | 2,613 | 2,610 | 2,584 | 2,380 |
Allowance for loan losses, charge-offs | 0 | 0 | (21) | (96) |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | (67) | 27 | (17) | 353 |
Allowance for loan losses | 2,546 | 2,637 | 2,546 | 2,637 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||||
Allowance for loan losses | 135 | 162 | 150 | 162 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | (21) | (13) | (36) | (13) |
Allowance for loan losses | 114 | 149 | 114 | 149 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||||
Allowance for loan losses | 973 | 910 | 1,065 | 999 |
Allowance for loan losses, charge-offs | (11) | 0 | (144) | (1) |
Allowance for loan losses, recoveries | 2 | 1 | 5 | 3 |
Allowance for loan losses, provision | 34 | 93 | 72 | 3 |
Allowance for loan losses | 998 | 1,004 | 998 | 1,004 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||||
Allowance for loan losses | 106 | 107 | 105 | 110 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | (2) | 3 | (1) | 0 |
Allowance for loan losses | 104 | 110 | 104 | 110 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||||
Allowance for loan losses | 174 | 169 | 172 | 241 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | (7) | 2 | (5) | (70) |
Allowance for loan losses | 167 | 171 | 167 | 171 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||||
Allowance for loan losses | 46 | 42 | 57 | 40 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | 0 | 16 | (11) | 18 |
Allowance for loan losses | 46 | 58 | 46 | 58 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||||
Allowance for loan losses | 134 | 105 | 102 | 115 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | (3) | 12 | 29 | 2 |
Allowance for loan losses | 131 | 117 | 131 | 117 |
Consumer Portfolio Segment [Member] | ||||
Allowance for loan losses | 204 | 134 | 159 | 138 |
Allowance for loan losses, charge-offs | (47) | (67) | (120) | (127) |
Allowance for loan losses, recoveries | 12 | 7 | 33 | 30 |
Allowance for loan losses, provision | 59 | 81 | 156 | 114 |
Allowance for loan losses | 228 | 155 | 228 | 155 |
Unallocated Financing Receivables [Member] | ||||
Allowance for loan losses | 499 | 500 | 499 | 398 |
Allowance for loan losses, charge-offs | 0 | 0 | 0 | 0 |
Allowance for loan losses, recoveries | 0 | 0 | 0 | 0 |
Allowance for loan losses, provision | 0 | 0 | 0 | 102 |
Allowance for loan losses | $ 499 | $ 500 | $ 499 | $ 500 |
Note 7 - Loans - Outstanding Lo
Note 7 - Loans - Outstanding Loans by Risk Rating (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Loans receivable | $ 822,532 | $ 815,713 |
Residential Portfolio Segment [Member] | ||
Loans receivable | 454,208 | 447,286 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 366,516 | 359,987 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 25,748 | 25,325 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 34,283 | 35,758 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 27,661 | 26,216 |
Commercial Portfolio Segment [Member] | ||
Loans receivable | 350,944 | 353,488 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 159,212 | 159,266 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 12,278 | 14,527 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 91,472 | 88,276 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 53,294 | 59,287 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 7,208 | 7,255 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 7,670 | 7,713 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 5,670 | 6,178 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 14,140 | 10,986 |
Consumer Portfolio Segment [Member] | ||
Loans receivable | 17,380 | 14,939 |
Pass [Member] | ||
Loans receivable | 796,742 | 787,501 |
Pass [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 444,327 | 436,853 |
Pass [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 357,841 | 350,609 |
Pass [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 25,214 | 24,795 |
Pass [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 33,611 | 35,233 |
Pass [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 27,661 | 26,216 |
Pass [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 335,079 | 335,795 |
Pass [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 152,701 | 150,806 |
Pass [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 12,202 | 14,449 |
Pass [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 85,405 | 82,724 |
Pass [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 53,294 | 59,287 |
Pass [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 5,218 | 5,283 |
Pass [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 7,278 | 7,130 |
Pass [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 4,912 | 5,203 |
Pass [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 14,069 | 10,913 |
Pass [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | 17,336 | 14,853 |
Special Mention [Member] | ||
Loans receivable | 6,817 | 6,155 |
Special Mention [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 435 | 472 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 281 | 307 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 95 | 104 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 59 | 61 |
Special Mention [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 6,382 | 5,683 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 765 | 936 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 4,922 | 3,896 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 611 | 581 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 84 | 270 |
Special Mention [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 0 | 0 |
Special Mention [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | 0 | 0 |
Substandard [Member] | ||
Loans receivable | 18,909 | 21,982 |
Substandard [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 9,394 | 9,909 |
Substandard [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 8,342 | 9,019 |
Substandard [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 439 | 426 |
Substandard [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 613 | 464 |
Substandard [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Substandard [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 9,471 | 11,987 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 5,746 | 7,524 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 76 | 78 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 1,145 | 1,645 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 0 | 0 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 1,367 | 1,379 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 392 | 583 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 674 | 705 |
Substandard [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 71 | 73 |
Substandard [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | 44 | 86 |
Doubtful [Member] | ||
Loans receivable | 64 | 75 |
Doubtful [Member] | Residential Portfolio Segment [Member] | ||
Loans receivable | 52 | 52 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans receivable | 52 | 52 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | ||
Loans receivable | 12 | 23 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans receivable | 0 | 11 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans receivable | 12 | 12 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans receivable | 0 | 0 |
Doubtful [Member] | Consumer Portfolio Segment [Member] | ||
Loans receivable | $ 0 | $ 0 |
Note 7 - Loans - Loan Balances
Note 7 - Loans - Loan Balances and Allowance for Loan Losses for Each Impairment Method (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Jun. 30, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Dec. 31, 2016 |
Loans receivable: individually evaluated | $ 8,078 | $ 9,511 | ||||
Loans receivable: collectively evaluated | 814,454 | 806,202 | ||||
Loans receivable | 822,532 | 815,713 | ||||
Allowance for loan losses: individually evaluated | 1,059 | 1,279 | ||||
Allowance for loan losses: collectively evaluated | 7,257 | 7,078 | ||||
Allowance for loan losses | 8,815 | $ 8,831 | 8,856 | $ 8,900 | $ 8,635 | $ 8,473 |
Residential Portfolio Segment [Member] | ||||||
Loans receivable: individually evaluated | 1,287 | 1,286 | ||||
Loans receivable: collectively evaluated | 452,921 | 446,000 | ||||
Loans receivable | 454,208 | 447,286 | ||||
Allowance for loan losses: individually evaluated | 118 | 122 | ||||
Allowance for loan losses: collectively evaluated | 3,864 | 3,841 | ||||
Allowance for loan losses | 3,982 | 3,947 | 3,963 | 3,999 | 3,896 | 3,890 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||||||
Loans receivable: individually evaluated | 994 | 984 | ||||
Loans receivable: collectively evaluated | 365,522 | 359,003 | ||||
Loans receivable | 366,516 | 359,987 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 3,133 | 3,200 | ||||
Allowance for loan losses | 3,133 | 3,055 | 3,200 | 3,165 | 3,052 | 3,033 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||||||
Loans receivable: individually evaluated | 293 | 302 | ||||
Loans receivable: collectively evaluated | 25,455 | 25,023 | ||||
Loans receivable | 25,748 | 25,325 | ||||
Allowance for loan losses: individually evaluated | 118 | 122 | ||||
Allowance for loan losses: collectively evaluated | 211 | 102 | ||||
Allowance for loan losses | 329 | 353 | 224 | 265 | 261 | 258 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||||||
Loans receivable: individually evaluated | 0 | 0 | ||||
Loans receivable: collectively evaluated | 34,283 | 35,758 | ||||
Loans receivable | 34,283 | 35,758 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 294 | 296 | ||||
Allowance for loan losses | 294 | 292 | 296 | 326 | 332 | 350 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||||||
Loans receivable: individually evaluated | 0 | 0 | ||||
Loans receivable: collectively evaluated | 27,661 | 26,216 | ||||
Loans receivable | 27,661 | 26,216 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 226 | 243 | ||||
Allowance for loan losses | 226 | 247 | 243 | 243 | 251 | 249 |
Commercial Portfolio Segment [Member] | ||||||
Loans receivable: individually evaluated | 6,774 | 8,205 | ||||
Loans receivable: collectively evaluated | 344,170 | 345,283 | ||||
Loans receivable | 350,944 | 353,488 | ||||
Allowance for loan losses: individually evaluated | 941 | 1,157 | ||||
Allowance for loan losses: collectively evaluated | 3,165 | 3,078 | ||||
Allowance for loan losses | 4,106 | 4,181 | 4,235 | 4,246 | 4,105 | 4,047 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||||||
Loans receivable: individually evaluated | 4,155 | 5,873 | ||||
Loans receivable: collectively evaluated | 155,057 | 153,393 | ||||
Loans receivable | 159,212 | 159,266 | ||||
Allowance for loan losses: individually evaluated | 816 | 919 | ||||
Allowance for loan losses: collectively evaluated | 1,730 | 1,665 | ||||
Allowance for loan losses | 2,546 | 2,613 | 2,584 | 2,637 | 2,610 | 2,380 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||||||
Loans receivable: individually evaluated | 0 | 0 | ||||
Loans receivable: collectively evaluated | 12,278 | 14,527 | ||||
Loans receivable | 12,278 | 14,527 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 114 | 150 | ||||
Allowance for loan losses | 114 | 135 | 150 | 149 | 162 | 162 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||||||
Loans receivable: individually evaluated | 201 | 568 | ||||
Loans receivable: collectively evaluated | 91,271 | 87,708 | ||||
Loans receivable | 91,472 | 88,276 | ||||
Allowance for loan losses: individually evaluated | 75 | 188 | ||||
Allowance for loan losses: collectively evaluated | 923 | 877 | ||||
Allowance for loan losses | 998 | 973 | 1,065 | 1,004 | 910 | 999 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||||||
Loans receivable: individually evaluated | 0 | 0 | ||||
Loans receivable: collectively evaluated | 53,294 | 59,287 | ||||
Loans receivable | 53,294 | 59,287 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 0 | 0 | ||||
Allowance for loan losses | 0 | 0 | ||||
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||||||
Loans receivable: individually evaluated | 1,352 | 1,365 | ||||
Loans receivable: collectively evaluated | 5,856 | 5,890 | ||||
Loans receivable | 7,208 | 7,255 | ||||
Allowance for loan losses: individually evaluated | 50 | 50 | ||||
Allowance for loan losses: collectively evaluated | 54 | 55 | ||||
Allowance for loan losses | 104 | 106 | 105 | 110 | 107 | 110 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||||||
Loans receivable: individually evaluated | 392 | 392 | ||||
Loans receivable: collectively evaluated | 7,278 | 7,321 | ||||
Loans receivable | 7,670 | 7,713 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 167 | 172 | ||||
Allowance for loan losses | 167 | 174 | 172 | 171 | 169 | 241 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||||||
Loans receivable: individually evaluated | 674 | 7 | ||||
Loans receivable: collectively evaluated | 4,996 | 6,171 | ||||
Loans receivable | 5,670 | 6,178 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 46 | 57 | ||||
Allowance for loan losses | 46 | 46 | 57 | 58 | 42 | 40 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||||||
Loans receivable: individually evaluated | 0 | 0 | ||||
Loans receivable: collectively evaluated | 14,140 | 10,986 | ||||
Loans receivable | 14,140 | 10,986 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 131 | 102 | ||||
Allowance for loan losses | 131 | 134 | 102 | 117 | 105 | 115 |
Consumer Portfolio Segment [Member] | ||||||
Loans receivable: individually evaluated | 17 | 20 | ||||
Loans receivable: collectively evaluated | 17,363 | 14,919 | ||||
Loans receivable | 17,380 | 14,939 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 228 | 159 | ||||
Allowance for loan losses | 228 | 204 | 159 | 155 | 134 | 138 |
Unallocated Financing Receivables [Member] | ||||||
Loans receivable: individually evaluated | 0 | 0 | ||||
Loans receivable: collectively evaluated | 0 | 0 | ||||
Loans receivable | 0 | 0 | ||||
Allowance for loan losses: individually evaluated | 0 | 0 | ||||
Allowance for loan losses: collectively evaluated | 0 | 0 | ||||
Allowance for loan losses | $ 499 | $ 499 | $ 499 | $ 500 | $ 500 | $ 398 |
Note 7 - Loans - Impaired Loans
Note 7 - Loans - Impaired Loans (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Unpaid principal - with no allowance | $ 5,079 | $ 6,035 |
Recorded investment - with no allowance | 4,455 | 5,411 |
Unpaid principal - with allowance | 3,623 | 4,100 |
Recorded investment - with allowance | 3,623 | 4,100 |
Related allowance | 1,059 | 1,279 |
Unpaid principal | 8,702 | 10,135 |
Recorded investment | 8,078 | 9,511 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Unpaid principal - with no allowance | 753 | 740 |
Recorded investment - with no allowance | 724 | 711 |
Unpaid principal - with allowance | 270 | 273 |
Recorded investment - with allowance | 270 | 273 |
Related allowance | 0 | 122 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Unpaid principal - with no allowance | 54 | 60 |
Recorded investment - with no allowance | 54 | 60 |
Unpaid principal - with allowance | 239 | 242 |
Recorded investment - with allowance | 239 | 242 |
Related allowance | 118 | 0 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Unpaid principal - with no allowance | 1,605 | 3,230 |
Recorded investment - with no allowance | 1,605 | 3,230 |
Unpaid principal - with allowance | 2,550 | 2,641 |
Recorded investment - with allowance | 2,550 | 2,641 |
Related allowance | 816 | 919 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Unpaid principal - with no allowance | 126 | 119 |
Recorded investment - with no allowance | 126 | 119 |
Unpaid principal - with allowance | 75 | 449 |
Recorded investment - with allowance | 75 | 449 |
Related allowance | 75 | 188 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Unpaid principal - with no allowance | 863 | 871 |
Recorded investment - with no allowance | 863 | 871 |
Unpaid principal - with allowance | 489 | 495 |
Recorded investment - with allowance | 489 | 495 |
Related allowance | 50 | 50 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Unpaid principal - with no allowance | 987 | 987 |
Recorded investment - with no allowance | 392 | 392 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Unpaid principal - with no allowance | 674 | 8 |
Recorded investment - with no allowance | 674 | 8 |
Consumer Portfolio Segment [Member] | ||
Unpaid principal - with no allowance | 17 | 20 |
Recorded investment - with no allowance | $ 17 | $ 20 |
Note 7 - Loans - Average Balanc
Note 7 - Loans - Average Balance of Impaired Loans and Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Average investment in impaired loans | $ 8,037 | $ 9,195 | $ 8,948 | $ 9,309 |
Interest income recognized on impaired loans on a cash basis | 77 | 68 | 225 | 208 |
Residential Portfolio Segment [Member] | ||||
Average investment in impaired loans | 1,362 | 797 | 1,400 | 803 |
Interest income recognized on impaired loans on a cash basis | 20 | 9 | 57 | 28 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||||
Average investment in impaired loans | 1,067 | 733 | 1,102 | 738 |
Interest income recognized on impaired loans on a cash basis | 17 | 8 | 47 | 25 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||||
Average investment in impaired loans | 295 | 64 | 298 | 65 |
Interest income recognized on impaired loans on a cash basis | 3 | 1 | 10 | 3 |
Commercial Portfolio Segment [Member] | ||||
Average investment in impaired loans | 6,658 | 8,373 | 7,530 | 8,479 |
Interest income recognized on impaired loans on a cash basis | 56 | 59 | 167 | 180 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||||
Average investment in impaired loans | 4,050 | 6,200 | 4,921 | 6,377 |
Interest income recognized on impaired loans on a cash basis | 25 | 36 | 95 | 127 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||||
Average investment in impaired loans | 184 | 393 | 346 | 317 |
Interest income recognized on impaired loans on a cash basis | 4 | 13 | 11 | 20 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||||
Average investment in impaired loans | 1,355 | 1,378 | 1,359 | 1,382 |
Interest income recognized on impaired loans on a cash basis | 11 | 10 | 27 | 32 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||||
Average investment in impaired loans | 392 | 392 | 392 | 392 |
Interest income recognized on impaired loans on a cash basis | 0 | 0 | 0 | 0 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||||
Average investment in impaired loans | 677 | 10 | 512 | 11 |
Interest income recognized on impaired loans on a cash basis | 16 | 0 | 34 | 1 |
Consumer Portfolio Segment [Member] | ||||
Average investment in impaired loans | 17 | 25 | 18 | 27 |
Interest income recognized on impaired loans on a cash basis | $ 1 | $ 0 | $ 1 | $ 0 |
Note 7 - Loans - Nonaccrual Loa
Note 7 - Loans - Nonaccrual Loans and Loans Past Due Ninety Days or More and Still Accruing (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Loans past due 90+ days and accruing | $ 3,124 | $ 3,724 |
Nonaccrual loans | 10,911 | 13,404 |
Residential Portfolio Segment [Member] | ||
Loans past due 90+ days and accruing | 1,854 | 2,648 |
Nonaccrual loans | 4,514 | 5,417 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans past due 90+ days and accruing | 1,615 | 2,340 |
Nonaccrual loans | 4,248 | 5,131 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans past due 90+ days and accruing | 137 | 105 |
Nonaccrual loans | 239 | 242 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans past due 90+ days and accruing | 102 | 203 |
Nonaccrual loans | 27 | 44 |
Commercial Portfolio Segment [Member] | ||
Loans past due 90+ days and accruing | 1,261 | 1,075 |
Nonaccrual loans | 6,383 | 7,921 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans past due 90+ days and accruing | 292 | 175 |
Nonaccrual loans | 3,810 | 5,645 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans past due 90+ days and accruing | 708 | 603 |
Nonaccrual loans | 155 | 517 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans past due 90+ days and accruing | 0 | 26 |
Nonaccrual loans | 52 | 52 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans past due 90+ days and accruing | 261 | 271 |
Nonaccrual loans | 1,300 | 1,308 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans past due 90+ days and accruing | 0 | 0 |
Nonaccrual loans | 392 | 392 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans past due 90+ days and accruing | 0 | 0 |
Nonaccrual loans | 674 | 7 |
Consumer Portfolio Segment [Member] | ||
Loans past due 90+ days and accruing | 9 | 1 |
Nonaccrual loans | $ 14 | $ 66 |
Note 7 - Loans - Contractual Ag
Note 7 - Loans - Contractual Aging of Loans (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Loans current and past due less than 30 days | $ 809,438 | $ 794,938 |
Loans receivable | 822,532 | 815,713 |
Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 5,541 | 10,190 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 7,553 | 10,585 |
Residential Portfolio Segment [Member] | ||
Loans current and past due less than 30 days | 446,155 | 432,621 |
Loans receivable | 454,208 | 447,286 |
Residential Portfolio Segment [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 4,191 | 9,335 |
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 3,862 | 5,330 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | ||
Loans current and past due less than 30 days | 359,582 | 347,032 |
Loans receivable | 366,516 | 359,987 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 3,320 | 7,967 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 3,614 | 4,988 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | ||
Loans current and past due less than 30 days | 25,499 | 25,133 |
Loans receivable | 25,748 | 25,325 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 112 | 87 |
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Junior Lien [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 137 | 105 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | ||
Loans current and past due less than 30 days | 33,734 | 34,789 |
Loans receivable | 34,283 | 35,758 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 438 | 732 |
Residential Portfolio Segment [Member] | Home Equity Line of Credit 1 [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 111 | 237 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans current and past due less than 30 days | 27,340 | 25,667 |
Loans receivable | 27,661 | 26,216 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 321 | 549 |
Residential Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | ||
Loans current and past due less than 30 days | 345,974 | 347,557 |
Loans receivable | 350,944 | 353,488 |
Commercial Portfolio Segment [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 1,302 | 732 |
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 3,668 | 5,199 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | ||
Loans current and past due less than 30 days | 157,281 | 155,917 |
Loans receivable | 159,212 | 159,266 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 505 | 311 |
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 1,426 | 3,038 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans current and past due less than 30 days | 12,226 | 14,400 |
Loans receivable | 12,278 | 14,527 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 49 |
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 52 | 78 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | ||
Loans current and past due less than 30 days | 90,661 | 87,306 |
Loans receivable | 91,472 | 88,276 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 36 | 303 |
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 775 | 667 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | ||
Loans current and past due less than 30 days | 53,294 | 59,287 |
Loans receivable | 53,294 | 59,287 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | Political Subdivisions [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | ||
Loans current and past due less than 30 days | 5,448 | 6,226 |
Loans receivable | 7,208 | 7,255 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 743 | 12 |
Commercial Portfolio Segment [Member] | Loans Secured by Farmland [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 1,017 | 1,017 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | ||
Loans current and past due less than 30 days | 7,260 | 7,321 |
Loans receivable | 7,670 | 7,713 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 18 | 0 |
Commercial Portfolio Segment [Member] | Multifamily 5 or More Residential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 392 | 392 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | ||
Loans current and past due less than 30 days | 5,664 | 6,114 |
Loans receivable | 5,670 | 6,178 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 57 |
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 6 | 7 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | ||
Loans current and past due less than 30 days | 14,140 | 10,986 |
Loans receivable | 14,140 | 10,986 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Commercial Portfolio Segment [Member] | Other Commercial Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Consumer Portfolio Segment [Member] | ||
Loans current and past due less than 30 days | 17,309 | 14,760 |
Loans receivable | 17,380 | 14,939 |
Consumer Portfolio Segment [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 48 | 123 |
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | $ 23 | $ 56 |
Note 7 - Loans - Contractual _2
Note 7 - Loans - Contractual Aging of Nonaccrual Loans (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Nonaccrual loans | $ 10,911 | $ 13,404 |
Non accrual Loans [Member] | ||
Loans current and past due, nonaccrual | 5,396 | 5,802 |
Nonaccrual loans | 10,911 | 13,404 |
Non accrual Loans [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Nonaccrual loans | 1,086 | 741 |
Non accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Nonaccrual loans | $ 4,429 | $ 6,861 |
Note 7 - Loans - Aging of Troub
Note 7 - Loans - Aging of Troubled Debt Restructurings (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Loans current and past due less than 30 days | $ 809,438 | $ 794,938 |
Nonaccrual loans | 10,911 | 13,404 |
Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 5,541 | 10,190 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Loans past due | 7,553 | 10,585 |
Troubled Debt Restructuring [Member] | ||
Loans current and past due less than 30 days | 597 | 636 |
Loans past due | 101 | 0 |
Nonaccrual loans | 2,925 | 3,027 |
Troubled Debt Restructuring [Member] | Financing Receivables 30 to 89 Days Past Due [Member] | ||
Loans past due | 0 | 0 |
Troubled Debt Restructuring [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Troubled debt restructurings | $ 3,623 | $ 3,663 |
Note 7 - Loans - Troubled Debt
Note 7 - Loans - Troubled Debt Restructurings (Details) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018USD ($) | Sep. 30, 2017USD ($) | |
Troubled debt restructurings, number of contracts | 0 | 0 | 4 | 0 |
Troubled debt restructurings, post-modification recorded investment | $ 162 | $ 0 | ||
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Monthly Payment Reduction for 6 Months [Member] | ||||
Troubled debt restructurings, number of contracts | 1 | 0 | ||
Troubled debt restructurings, post-modification recorded investment | $ 80 | $ 0 | ||
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Senior Lien [Member] | Extended Interest Payments for 6 Months [Member] | ||||
Troubled debt restructurings, number of contracts | 2 | 0 | ||
Troubled debt restructurings, post-modification recorded investment | $ 36 | $ 0 | ||
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Extended Interest Payments for 6 Months [Member] | ||||
Troubled debt restructurings, number of contracts | 1 | 0 | ||
Troubled debt restructurings, post-modification recorded investment | $ 46 | $ 0 |
Note 7 - Loans - Foreclosed Res
Note 7 - Loans - Foreclosed Residential Real Estate (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Residential Portfolio Segment [Member] | ||
Foreclosed residential real estate | $ 328 | $ 721 |
Note 7 - Loans - Mortgage Loans
Note 7 - Loans - Mortgage Loans in Process of Foreclosure (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Residential Portfolio Segment [Member] | ||
Residential real estate in process of foreclosure | $ 704 | $ 1,789 |
Note 8 - Borrowed Funds (Detail
Note 8 - Borrowed Funds (Details Textual) - USD ($) | Sep. 30, 2018 | Dec. 31, 2017 |
Short-term Debt, Total | $ 8,421,000 | $ 61,766,000 |
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned, Total | 10,099,000 | 12,158,000 |
Securities Sold under Agreements to Repurchase [Member] | ||
Short-term Debt, Total | $ 5,421,000 | $ 3,766,000 |
Debt, Weighted Average Interest Rate | 0.10% | 0.10% |
Federal Home Loan Bank of Pittsburgh [Member] | ||
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged | $ 489,621,000 | $ 488,889,000 |
Short-term Borrowing, Amount of Each Borrowing | $ 3,000,000 | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances 1 [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 1.83% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances [Member] | ||
Short-term Debt, Total | $ 3,000,000 | $ 58,000,000 |
Federal Home Loan Bank of Pittsburgh [Member] | Overnight Borrowing [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 1.54% | |
Short-term Debt, Total | $ 29,000,000 | |
Federal Home Loan Bank of Pittsburgh [Member] | Other Short-term Advances [Member] | ||
Short-term Debt, Total | $ 29,000,000 | |
Short-term Debt, Weighted Average Interest Rate, at Point in Time | 1.69% | |
Federal Home Loan Bank of Pittsburgh [Member] | Other Assets [Member] | ||
Federal Home Loan Bank Stock | $ 5,017,000 | $ 6,426,000 |
Note 8 - Borrowed Funds - Short
Note 8 - Borrowed Funds - Short-term Borrowings (Details) - USD ($) | Sep. 30, 2018 | Dec. 31, 2017 |
Short-term borrowings | $ 8,421,000 | $ 61,766,000 |
Securities Sold under Agreements to Repurchase [Member] | ||
Short-term borrowings | 5,421,000 | 3,766,000 |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Advances [Member] | ||
Short-term borrowings | $ 3,000,000 | $ 58,000,000 |
Note 8 - Borrowed Funds - Long-
Note 8 - Borrowed Funds - Long-term Borrowing Maturities (Details) - Federal Home Loan Bank of Pittsburgh [Member] - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Long-term borrowings from FHLB - Pittsburgh | $ 32,985 | $ 9,189 |
Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.63% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 3,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.35% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 3,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.83% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 2,000 | 2,000 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.95% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.15% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.24% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.3% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.42% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.41% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.48% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.53% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 3,000 | 0 |
Federal Home Loan Bank Borrowings Loan Maturing in 2020 with Rate of 4.79% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | 320 | 463 |
Federal Home Loan Bank Borrowings Loan Maturing in 2025 with Rate of 4.91% [Member] | ||
Long-term borrowings from FHLB - Pittsburgh | $ 665 | $ 726 |
Note 8 - Borrowed Funds - Lon_2
Note 8 - Borrowed Funds - Long-term Borrowing Maturities (Details) (Parentheticals) | Sep. 30, 2018 | Dec. 31, 2017 |
Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.95% [Member] | ||
Rate | 1.95% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.63% [Member] | ||
Rate | 1.63% | 1.63% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2018 with Rate of 1.35% [Member] | ||
Rate | 1.35% | 1.35% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 1.83% [Member] | ||
Rate | 1.83% | 1.83% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.15% [Member] | ||
Rate | 2.15% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.24% [Member] | ||
Rate | 2.24% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.3% [Member] | ||
Rate | 2.30% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.42% [Member] | ||
Rate | 2.42% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.41% [Member] | ||
Rate | 2.41% | |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.48% [Member] | ||
Rate | 2.48% | 2.48% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2019 with Rate of 2.53% [Member] | ||
Rate | 2.53% | 2.53% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2020 with Rate of 4.79% [Member] | ||
Rate | 4.79% | 4.79% |
Federal Home Loan Bank of Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing in 2025 with Rate of 4.91% [Member] | ||
Rate | 4.91% | 4.91% |
Note 9 - Defined Benefit Plan_2
Note 9 - Defined Benefit Plans (Details Textual) - USD ($) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2018 | Dec. 31, 2018 | |
Payment for Pension and Other Postretirement Benefits, Total | $ 35,000 | |
Defined Benefit Plan Required Contributions in Current Fiscal Year | $ 0 | |
Scenario, Forecast [Member] | ||
Payment for Pension and Other Postretirement Benefits, Total | $ 60,000 |
Note 9 - Defined Benefit Plan_3
Note 9 - Defined Benefit Plans - Net Periodic Benefit Costs (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Pension Plan [Member] | ||||
Service cost | $ 0 | $ 0 | $ 0 | $ 0 |
Interest cost | 6 | 6 | 19 | 18 |
Expected return on plan assets | (5) | (8) | (15) | (23) |
Prior service cost | 0 | 0 | 0 | 0 |
Recognized net actuarial loss | 4 | 2 | 10 | 5 |
Net periodic benefit cost | 5 | 0 | 14 | 0 |
Other Postretirement Benefits Plan [Member] | ||||
Service cost | 10 | 9 | 30 | 27 |
Interest cost | 12 | 15 | 38 | 43 |
Expected return on plan assets | 0 | 0 | 0 | 0 |
Prior service cost | (7) | (8) | (23) | (23) |
Recognized net actuarial loss | 0 | 0 | 0 | 0 |
Net periodic benefit cost | $ 15 | $ 16 | $ 45 | $ 47 |
Note 10 - Stock-based Compens_2
Note 10 - Stock-based Compensation Plans (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||
Sep. 30, 2018 | Mar. 31, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | Dec. 31, 2018 | |
Allocated Share-based Compensation Expense, Total | $ 162,000 | $ 153,000 | $ 500,000 | $ 475,000 | ||
Scenario, Forecast [Member] | ||||||
Allocated Share-based Compensation Expense, Total | $ 664,000 | |||||
Increase in Allocated Share-based Compensation Expense, Upon Meeting of Return on Average Equity Target | $ 190,000 | |||||
Stock Incentive Plan [Member] | Restricted Stock [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 25,466 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | |||||
Stock Incentive Plan [Member] | Restricted Stock [Member] | Chief Executive Officer [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 16,578 | |||||
Independent Directors Stock Incentive Plan [Member] | Restricted Stock [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 9,086 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 1 year | |||||
Independent Directors Stock Incentive Plan [Member] | Restricted Stock [Member] | Vesting Contingent upon Corporation Meeting ROAE Performance Ratio [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage | 50.00% |
Note 11 - Income Taxes (Details
Note 11 - Income Taxes (Details Textual) - USD ($) | Jan. 01, 2018 | Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | Dec. 31, 2018 | Dec. 31, 2017 |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 21.00% | 35.00% | 35.00% | ||||
Income Tax Expense (Benefit), Included in AOCI | $ 325,000 | ||||||
Increase (Decrease) in Income Taxes | $ (14,000) | $ (18,000) | $ (41,000) | $ (55,000) | |||
Unrecognized Tax Benefits, Ending Balance | 0 | 0 | |||||
Other Assets [Member] | |||||||
Amortization Method Qualified Affordable Housing Project Investments | $ 526,000 | $ 526,000 | $ 608,000 | ||||
Scenario, Forecast [Member] | |||||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 21.00% | ||||||
Income Tax Credits and Adjustments | $ 150,000 | ||||||
Increase (Decrease) in Income Taxes | $ (54,000) |
Note 11 - Income Taxes - Net De
Note 11 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017 |
Allowance for loan losses | $ 1,885 | $ 1,894 |
Other deferred tax assets | 1,901 | 1,726 |
Total deferred tax assets | 6,046 | 4,126 |
Bank premises and equipment | 825 | 751 |
Core deposit intangibles | 2 | 3 |
Other deferred tax liabilities | 61 | 64 |
Total deferred tax liabilities | 924 | 837 |
Deferred tax asset, net | 5,122 | 3,289 |
AOCI Attributable to Parent [Member] | ||
Unrealized holding losses on securities | 2,260 | 843 |
Defined benefit plans - ASC 835 | 36 | 31 |
Retained Earnings [Member] | ||
Unrealized holding losses on securities | 0 | (337) |
Defined benefit plans - ASC 835 | $ 0 | $ (12) |
Note 11 - Income Taxes - Reconc
Note 11 - Income Taxes - Reconciliation of Income Tax (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | |
Income before income tax provision | $ 6,697 | $ 5,198 | $ 19,561 | $ 15,111 |
Income tax provision | $ 1,111 | $ 1,262 | $ 3,229 | $ 3,620 |
Effective tax rate | 16.59% | 24.28% | 16.51% | 23.96% |
Note 13 - Revenue Recognition (
Note 13 - Revenue Recognition (Details Textual) - USD ($) | Sep. 30, 2018 | Dec. 31, 2017 |
Assets Under Management Fair Value | $ 952,824,000 | $ 916,580,000 |
Percent of Trust Asset Revenue Earned Monthly | 81.00% |
Note 14 - Pending Merger (Detai
Note 14 - Pending Merger (Details Textual) $ / shares in Units, $ in Thousands | 3 Months Ended | ||
Jun. 30, 2019USD ($)$ / shares | Sep. 30, 2018USD ($) | Dec. 31, 2017USD ($) | |
Assets, Total | $ 1,285,439 | $ 1,276,959 | |
Monument Bancorp, Inc [Member] | Scenario, Forecast [Member] | |||
Business Acquisition, Stock Exchange Ratio | 1.0144 | ||
Business Acquisition, Share Price | $ / shares | $ 28.10 | ||
Percenatge of Acquiree's Shares Converted Into Cash | 20.00% | ||
Percenatge of Acquiree's Shares Converted Into Stock | 80.00% | ||
Business Combination, Consideration Transferred, Total | $ 42,700 | ||
Monument Bancorp, Inc [Member] | |||
Assets, Total | $ 361,000 |