Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Investments, All Other Investments [Abstract]

Schedule of Estimated Fair Values of Recognized Financial Instruments

The estimated fair values of recognized financial instruments as of December 31 are as follows:

	2015
(Dollars in thousands)	Carrying       Value		Level I		Level II		Level III		Total Fair Value
Financial assets
Cash and cash equivalents		$     38,272	$	38,272	$	–	$	–	$	38,272
Securities available-for-sale		127,969		1,064		126,905		–		127,969
Securities held-to-maturity		33,819		–		34,011		–		34,011
Restricted stock		4,614		4,614		–		–		4,614
Loans held for sale		47		47		–		–		47
Net loans		418,209		–		–		420,181		420,181
Bank-owned life insurance		10,085		10,085		–		–		10,085
Accrued interest receivable		1,513		1,513		–		–		1,513
Mortgage servicing rights		246		–		–		246		246
Financial liabilities
Deposits		$   525,042	$	405,776	$	–	$	119,867	$	525,643
Short-term borrowings		48,598		48,598		–		–		48,598
Other borrowings		13,465		–		–		13,667		13,667
Accrued interest payable		80		80		–		–		80
	2014
(Dollars in thousands)	Carrying     Value		Level I		Level II		Level III		Total Fair Value
Financial assets
Cash and cash equivalents		$     43,923	$	43,923	$	–	$	–	$	43,923
Securities available-for-sale		100,108		1,128		98,980		–		100,108
Securities held-to-maturity		38,316		–		38,950		–		38,950
Restricted stock		4,614		4,614		–		–		4,614
Loans held for sale		75		75		–		–		75
Net loans		406,522		–		–		411,168		411,168
Bank-owned life insurance		9,815		9,815		–		–		9,815
Accrued interest receivable		1,329		1,329		–		–		1,329
Mortgage servicing rights		222		–		–		222		222
Financial liabilities
Deposits		$   500,075	$	372,312	$	–	$	128,445	$	500,757
Short-term borrowings		46,627		46,627		–		–		46,627
Other borrowings		14,953		–		–		15,348		15,348
Accrued interest payable		84		84		–		–		84