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Subsequent Events | 3 Months Ended
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Mar. 31, 2017
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS As of March 31, 2017, we owned 145,855 shares of Allegheny Valley Bancorp common stock. On April 7, 2017, Allegheny Valley Bancorp , Inc. merged into Standard Financial Corp. (which was the surviving entity and changed its name to Standard AVB Financial Corp.), and we received 303,816 shares of Standard AVB Financial Corp. common shares in exchange for our shares of Allegheny Valley Bancorp, Inc. common stock. As a result, we will recognize a gain of approximately $2.7 million in our consolidated financial statements for the three and six months ended June 30, 2017.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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