2014 Q4 Form 10-K Financial Statement

#000082615416000115 Filed on March 11, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2013 2012 Q4
Revenue $37.10M
YoY Change -18.35%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $1.054M
YoY Change 6.57%
% of Gross Profit
Depreciation & Amortization $770.0K $2.208M $650.0K
YoY Change 4.05% 10.18% -9.72%
% of Gross Profit
Operating Expenses $1.054M
YoY Change 6.57%
Operating Profit
YoY Change
Interest Expense $5.011M
YoY Change -33.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.960M $9.798M $2.040M
YoY Change 0.68% -132.13% -105.4%
Income Tax -$16.16M -$206.0K $1.010M
% Of Pretax Income -545.95% -2.1% 49.51%
Net Earnings $19.11M $10.00M $1.030M
YoY Change 552.22% -126.02% -103.49%
Net Earnings / Revenue 26.97%
Basic Earnings Per Share $1.24
Diluted Earnings Per Share $2.351M $1.24 $127.5K
COMMON SHARES
Basic Shares Outstanding 8.264M shares 8.093M shares
Diluted Shares Outstanding 8.093M shares

Balance Sheet

Concept 2014 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $24.80M $26.40M $26.78M
YoY Change -6.21% -1.49% -1.54%
Goodwill
YoY Change
Intangibles $414.0K $832.0K
YoY Change -33.44%
Long-Term Investments
YoY Change
Other Assets $15.40M $2.600M
YoY Change 492.31%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.190B $1.178B $1.233B
YoY Change 1.07% -4.45% -14.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.90M $10.90M $12.80M
YoY Change 9.17% -14.84% 25.49%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $86.74M $59.00M $9.650M
YoY Change 46.94% 508.25% -72.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.90M $10.90M $12.80M
YoY Change 9.17% -14.84% 25.49%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $37.50M
YoY Change -30.3%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $37.50M
YoY Change -30.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.90M $10.90M $12.80M
Total Long-Term Liabilities $0.00 $0.00 $37.50M
Total Liabilities $1.063B $1.086B $1.145B
YoY Change -2.14% -5.12% -12.99%
SHAREHOLDERS EQUITY
Retained Earnings $1.887M -$37.26M
YoY Change -106.92%
Common Stock $430.0K $421.0K
YoY Change 1.9%
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.00K $20.00K
YoY Change 0.0%
Treasury Stock Shares 811.0 shares 812.0 shares
Shareholders Equity $127.3M $91.40M $87.69M
YoY Change
Total Liabilities & Shareholders Equity $1.190B $1.178B $1.233B
YoY Change 1.07% -4.45% -14.64%

Cashflow Statement

Concept 2014 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $19.11M $10.00M $1.030M
YoY Change 552.22% -126.02% -103.49%
Depreciation, Depletion And Amortization $770.0K $2.208M $650.0K
YoY Change 4.05% 10.18% -9.72%
Cash From Operating Activities $1.250M $32.96M $7.830M
YoY Change -92.49% 76.65% -44.35%
INVESTING ACTIVITIES
Capital Expenditures -$120.0K $1.868M -$350.0K
YoY Change -81.54% 16.53% -36.36%
Acquisitions
YoY Change
Other Investing Activities $3.790M -$87.81M $77.32M
YoY Change -107.96% -144.5% 137.25%
Cash From Investing Activities $3.670M -$89.68M $76.96M
YoY Change -107.6% -145.82% 140.2%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net -$253.0K
YoY Change 33.86%
Debt Paid & Issued, Net $21.39M
YoY Change 31.02%
Cash From Financing Activities -9.240M -$56.41M -38.10M
YoY Change 676.47% -67.46% -10.81%
NET CHANGE
Cash From Operating Activities 1.250M $32.96M 7.830M
Cash From Investing Activities 3.670M -$89.68M 76.96M
Cash From Financing Activities -9.240M -$56.41M -38.10M
Net Change In Cash -4.320M -$113.1M 46.69M
YoY Change -86.84% -375.79% 1277.29%
FREE CASH FLOW
Cash From Operating Activities $1.250M $32.96M $7.830M
Capital Expenditures -$120.0K $1.868M -$350.0K
Free Cash Flow $1.370M $31.09M $8.180M
YoY Change -92.08% 82.3% -44.05%

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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29451000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1576000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1199000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
123392000 USD
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
124317000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
129000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
190000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
740000 USD
CY2014Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
14812000 USD
CY2015Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
24495000 USD
CY2013 us-gaap Advertising Expense
AdvertisingExpense
489000 USD
CY2014 us-gaap Advertising Expense
AdvertisingExpense
540000 USD
CY2015 us-gaap Advertising Expense
AdvertisingExpense
723000 USD
CY2013 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
6676000 USD
CY2014 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1423000 USD
CY2015 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
926000 USD
CY2013 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
5727000 USD
CY2014 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
3741000 USD
CY2015 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
1502000 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
210000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
208000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
207000 USD
CY2014Q4 us-gaap Assets
Assets
1190443000 USD
CY2015Q4 us-gaap Assets
Assets
1292816000 USD
CY2013Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
9032000 USD
CY2014Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
21742000 USD
CY2015Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
29156000 USD
CY2015Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
392229000 USD
CY2015Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
50000 USD
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
376199000 USD
CY2015Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
394124000 USD
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4354000 USD
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3885000 USD
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1930000 USD
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2040000 USD
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
373775000 USD
CY2015Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
392279000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
152218000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
201686000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
77404000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
183310000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
74814000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
18376000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
62915000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
63194000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
3244000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
3319000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
105106000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
106309000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
365000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
366000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
394051000 USD
CY2015Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
73000 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
473000 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
2301000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1948000 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
141000 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
366000 USD
CY2014Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
26645000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
24000 USD
CY2014Q4 us-gaap Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
261034000 USD
CY2015Q4 us-gaap Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
250397000 USD
CY2014Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
37 security
CY2015Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
53 security
CY2015Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
31224000 USD
CY2013 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
963000 USD
CY2014 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
950000 USD
CY2015 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1025000 USD
CY2013 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
1911000 USD
CY2014 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
2150000 USD
CY2015 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
2025000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-113128000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6151000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3069000 USD
CY2014Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
18174000 USD
CY2015Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
11412000 USD
CY2012Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
150688000 USD
CY2013Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
37560000 USD
CY2014Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
31409000 USD
CY2015Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
28340000 USD
CY2013 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0
CY2014 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.22
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05205
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05205
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8264554 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8320479 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8263743 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8272591 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
430000 USD
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
435000 USD
CY2013 us-gaap Communication
Communication
451000 USD
CY2014 us-gaap Communication
Communication
569000 USD
CY2015 us-gaap Communication
Communication
692000 USD
CY2013 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
1054000 USD
CY2014 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
865000 USD
CY2015 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
798000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3363000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
81000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
35531000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7497000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
60000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
837000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
844000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-206000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
91000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-266000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-7000 USD
CY2013 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0031
CY2014 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0034
CY2015 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0043
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1253000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2723000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
779000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1271000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2741000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
797000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3004000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2663000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
18000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
18000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
18000 USD
CY2014Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
209000 USD
CY2015Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
211000 USD
CY2014Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
154000 USD
CY2015Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
124000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
18379000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17443000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
15375000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
14780000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6606000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4431000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
237000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
182000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1291000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
2195000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
528000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
547000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
396000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
359000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
102000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
343000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
5424000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
5111000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
606000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
669000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
174000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
181000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
955000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
815000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
311000 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
357000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
361000 USD
CY2014Q4 us-gaap Deposits
Deposits
949704000 USD
CY2015Q4 us-gaap Deposits
Deposits
1032167000 USD
CY2014Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
503818000 USD
CY2015Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
510758000 USD
CY2014Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
86351000 USD
CY2015Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
85061000 USD
CY2013 us-gaap Depreciation
Depreciation
2208000 USD
CY2014 us-gaap Depreciation
Depreciation
2459000 USD
CY2015 us-gaap Depreciation
Depreciation
2310000 USD
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2817000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2838000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2907000 USD
CY2015 us-gaap Dividends Cash
DividendsCash
1822000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.59
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.021
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.240
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.172
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.130
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1.458
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance
0.034
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance
0.026
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance
0.038
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.013
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.018
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.018
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.119
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.073
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.113
CY2013 us-gaap Equipment Expense
EquipmentExpense
3446000 USD
CY2014 us-gaap Equipment Expense
EquipmentExpense
3328000 USD
CY2013 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2577000 USD
CY2015 us-gaap Equipment Expense
EquipmentExpense
3061000 USD
CY2013 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
5176000 USD
CY2014 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1912000 USD
CY2014 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1621000 USD
CY2015 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
859000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Weighted Average Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankWeightedAverageInterestRate
0.0184
CY2015Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Weighted Average Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankWeightedAverageInterestRate
0.0173
CY2013 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
5716000 USD
CY2014 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
5415000 USD
CY2015 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
5226000 USD
CY2013 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
4770000 USD
CY2014 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
4687000 USD
CY2015 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
4598000 USD
CY2013 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
3053000 USD
CY2014 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
2207000 USD
CY2015 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
2747000 USD
CY2013 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1070000 USD
CY2014 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1033000 USD
CY2015 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1223000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14559000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
13279000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
188000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
289000 USD
CY2014Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
689414000 USD
CY2015Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
764363000 USD
CY2014Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
15532000 USD
CY2015Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
17350000 USD
CY2013 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
9 contract
CY2014 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
20 contract
CY2015 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1 contract
CY2013 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
5158000 USD
CY2014 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1824000 USD
CY2015 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
59000 USD
CY2015 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
59000 USD
CY2014Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2828000 USD
CY2015Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1956000 USD
CY2013 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 contract
CY2014 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
4 contract
CY2015 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 contract
CY2013 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
199000 USD
CY2014 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
4216000 USD
CY2015 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
24000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
688902000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
762600000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
14432000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
16557000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
1612000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
2556000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2515000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2722000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
94000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
39000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
39000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2929000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2929000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
207000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-41000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2013 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
332000 USD
CY2014 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
1935000 USD
CY2015 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
1924000 USD
CY2013 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
-137000 USD
CY2014 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
336000 USD
CY2013 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-149000 USD
CY2014 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
299000 USD
CY2015 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
234000 USD
CY2013 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
21101000 USD
CY2014 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
20201000 USD
CY2015 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
14346000 USD
CY2013 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
633000 USD
CY2014 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
274000 USD
CY2015 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
174000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
188000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
289000 USD
CY2014Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
14315000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
15368000 USD
CY2014Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
19211000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
18541000 USD
CY2014Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
1217000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
1982000 USD
CY2014Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
1238000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2016000 USD
CY2015 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9798000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13010000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9508000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-206000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-16132000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1271000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-18964000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1634000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
800000 USD
CY2013 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
212000 USD
CY2014 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-303000 USD
CY2015 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
748000 USD
CY2013 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
CY2014 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
16223000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-797000 USD
CY2013 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-84649000 USD
CY2014 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-50686000 USD
CY2015 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
82463000 USD
CY2013 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-5926000 USD
CY2014 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
1223000 USD
CY2015 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
2758000 USD
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-12356000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1629000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
963000 USD
CY2013 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
682000 USD
CY2014 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1866000 USD
CY2015 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
2026000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
414000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
207000 USD
CY2013 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
37098000 USD
CY2014 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
38183000 USD
CY2015 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
38635000 USD
CY2013 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
174000 USD
CY2014 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
35000 USD
CY2015 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
81000 USD
CY2013 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
31558000 USD
CY2014 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
29546000 USD
CY2015 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
30798000 USD
CY2014Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
833402000 USD
CY2015Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
900777000 USD
CY2014Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
13235000 USD
CY2015Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
16928000 USD
CY2013 us-gaap Interest Expense
InterestExpense
5011000 USD
CY2014 us-gaap Interest Expense
InterestExpense
4159000 USD
CY2015 us-gaap Interest Expense
InterestExpense
4301000 USD
CY2013 us-gaap Interest Expense Deposits
InterestExpenseDeposits
4445000 USD
CY2014 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3678000 USD
CY2015 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3606000 USD
CY2013 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
505000 USD
CY2014 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
333000 USD
CY2015 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
400000 USD
CY2013 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
61000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20965000 USD
CY2015 us-gaap Legal Fees
LegalFees
1440000 USD
CY2015Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
10150000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
1063178000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1159755000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1190443000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1292816000 USD
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2015Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
30000000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
23166000 USD
CY2014 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
148000 USD
CY2015 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
295000 USD
CY2013 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
35237000 USD
CY2014 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
37924000 USD
CY2015 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
34937000 USD
CY2013 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
32087000 USD
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
34024000 USD
CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
34334000 USD
CY2013 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1066000 USD
CY2014 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
550000 USD
CY2015 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1059000 USD
CY2013 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
4300000 USD
CY2014 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
8052000 USD
CY2015 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
6697000 USD
CY2013 us-gaap Interest Paid
InterestPaid
5102000 USD
CY2014 us-gaap Interest Paid
InterestPaid
4219000 USD
CY2015 us-gaap Interest Paid
InterestPaid
4208000 USD
CY2014Q4 us-gaap Interest Receivable
InterestReceivable
3097000 USD
CY2015Q4 us-gaap Interest Receivable
InterestReceivable
3845000 USD
CY2013 us-gaap Labor And Related Expense
LaborAndRelatedExpense
22954000 USD
CY2014 us-gaap Labor And Related Expense
LaborAndRelatedExpense
23658000 USD
CY2015 us-gaap Labor And Related Expense
LaborAndRelatedExpense
24056000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
307000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
427000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
435000 USD
CY2013 us-gaap Legal Fees
LegalFees
793000 USD
CY2014 us-gaap Legal Fees
LegalFees
705000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
14747000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13568000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
704946000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
781713000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
690199000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
768145000 USD
CY2014Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3159000 USD
CY2015Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
5917000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
14812000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
24495000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2316000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
332000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
751000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
383000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
365000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
20348000 USD
CY2013 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
0 USD
CY2014 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
0 USD
CY2015 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
0 USD
CY2013 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1251000 USD
CY2014 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1195000 USD
CY2015 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1564000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-56407000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-24136000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
92119000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-89681000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
727000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-107346000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
32960000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17258000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12158000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
10004000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
29142000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
7874000 USD
CY2014Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
116302000 USD
CY2015Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
131390000 USD
CY2013 us-gaap Noninterest Expense
NoninterestExpense
43247000 USD
CY2014 us-gaap Noninterest Expense
NoninterestExpense
43768000 USD
CY2015 us-gaap Noninterest Expense
NoninterestExpense
44607000 USD
CY2013 us-gaap Noninterest Income
NoninterestIncome
17808000 USD
CY2014 us-gaap Noninterest Income
NoninterestIncome
18854000 USD
CY2015 us-gaap Noninterest Income
NoninterestIncome
19178000 USD
CY2015 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2013 us-gaap Occupancy Costs
OccupancyCosts
2055000 USD
CY2014 us-gaap Occupancy Costs
OccupancyCosts
2251000 USD
CY2015 us-gaap Occupancy Costs
OccupancyCosts
2221000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
889000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
397000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
40000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
63000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
125000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
185000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
79000 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
26171000 USD
CY2015Q4 us-gaap Other Assets
OtherAssets
28334000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-10217000 USD
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
9829000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-579000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-3576000 USD
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CY2015 us-gaap Proceeds From Sale Of Loans Receivable
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710000 USD
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10317000 USD
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CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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55106000 USD
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50000000 USD
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65000000 USD
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83500000 USD
CY2015Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
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4000 USD
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1000 USD
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90000 USD
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378000 USD
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294000 USD
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840000 USD
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416000 shares
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127265000 USD
CY2015Q4 us-gaap Stockholders Equity
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133061000 USD
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939000 USD
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562000 USD
CY2015 us-gaap Taxes Other
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916000 USD
CY2015Q4 us-gaap Time Deposit Maturities After Year Five
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2821000 USD
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32752000 USD
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13966000 USD
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147831000 USD
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2231000 USD
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1428000 USD
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17.18
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811 shares
CY2015Q4 us-gaap Treasury Stock Shares
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47888 shares
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TreasuryStockSharesAcquired
0 shares
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829000 USD
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809000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
35000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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8093000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8116000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8142000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8093000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8110000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
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8107000 shares
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk</font><font style="font-family:inherit;font-size:10pt;"> &#8211; The Company grants commercial, residential, construction, municipal, and various forms of consumer lending to customers in its market area. Although the Company maintains a diversified loan portfolio, a significant portion of its customers&#8217; ability to honor their contracts is dependent upon economic sectors for commercial real estate, including office space, retail strip centers, multi-family and hospitality, residential building operators, sales finance, sub-dividers and developers. Management evaluates each customer&#8217;s creditworthiness on a case-by-case basis. The amount of collateral obtained, if collateral is deemed necessary by the Company upon the extension of credit, is based on management&#8217;s credit evaluation of the customer. Collateral held varies, but generally includes real estate and equipment.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The types of securities the Company invests in are included in Note 3, &#8220;Securities Available for Sale&#8221; and the type of lending the Company engages in are included in Note 4, &#8220;Loans Receivable and Allowance for Loan Losses.&#8221;</font></div></div>
CY2015 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CONTINGENCIES</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The nature of the Company&#8217;s business generates a certain amount of litigation involving matters arising out of the ordinary course of business. Except as described below, in the opinion of management, there are </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> legal proceedings that might have a material effect on the results of operations, liquidity, or the financial position of the Company at this time.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company, the Bank and certain current and former directors and executive officers (collectively, &#8220;Orrstown Defendants&#8221;) are defendants in a putative class action filed by Southeastern Pennsylvania Transportation Authority (&#8220;SEPTA&#8221;) on May 25, 2012, in the United States District Court for the Middle District of Pennsylvania. In a later amended complaint, the list of defendants was expanded to include the Company&#8217;s independent registered public accounting firm and the underwriters of the Company&#8217;s March 2010 public offering of common stock. The complaint, as amended, alleges among other things that (i) in connection with the Company&#8217;s Registration Statement on Form S-3 dated February 23, 2010 and its Prospectus Supplement dated March 23, 2010, and (ii) during the purported class period of March 15, 2010 through April 5, 2012, the Company issued materially false and misleading statements regarding the Company&#8217;s lending practices and financial results, including misleading statements concerning the stringent nature of the Bank&#8217;s credit practices and underwriting standards, the quality of its loan portfolio, and the intended use of the proceeds from the Company&#8217;s March 2010 public offering of common stock. The complaint asserts claims under Sections 11, 12(a) and 15 of the Securities Act of 1933, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, and seeks class certification, unspecified money damages, interest, costs, fees and equitable or injunctive relief. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On June 22, 2015, the Court dismissed without prejudice SEPTA&#8217;s amended complaint against all defendants, finding that SEPTA failed to state a claim under either the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. The Court ordered that, within </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> days, SEPTA either seek leave to amend its amended complaint, accompanied by the proposed amendment, or file a notice of its intention to stand on the amended complaint.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On July 22, 2015, SEPTA filed a motion for leave to amend under Local Rule 15.1, as allowed by the Court&#8217;s ruling on June 22, 2015. Many of the allegations of the proposed second amended complaint are essentially the same or similar to the allegations of the dismissed amended complaint. The proposed second amended complaint also alleges that the Orrstown Defendants did not publicly disclose certain alleged failures of internal controls over loan underwriting, risk management, and financial reporting during the period 2009 to 2012, in violation of the federal securities laws. On February 8, 2016, the Court granted SEPTA&#8217;s motion for leave to amend and SEPTA filed its second amended complaint that same day. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 25, 2016, the Court issued a scheduling Order directing: all defendants to file any motions to dismiss by March 18, 2016; SEPTA to file an omnibus opposition to defendants&#8217; motions to dismiss by April 8, 2016; and all defendants to file reply briefs in support of their motions to dismiss by April 22, 2016. The Order stays all discovery and other deadlines in the case (including the filing of SEPTA&#8217;s motion for class certification) pending the outcome of the motions to dismiss. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company believes that the allegations of SEPTA&#8217;s second amended complaint are without merit and intends to vigorously defend itself against those claims.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Given the litigation is still in the pleading stage, it is not possible at this time to estimate reasonably possible losses, or even a range of reasonably possible losses, in connection with the litigation.</font></div></div>
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications &#8211;</font><font style="font-family:inherit;font-size:10pt;"> Certain amounts in the </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> consolidated financial statements have been reclassified to conform to the </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> presentation.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates &#8211;</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div>

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