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Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2018

Revenue Recognition Tables Abstract

Schedule of Revenue from Contracts with Customers [Table Text Block]

The following table presents the Company’s sources of noninterest income for the year ended December 31, 2018 and 2017. Items outside of ASC 606 are noted as such.

		Year Ended December 31, 2018				Year Ended December 31, 2017(2)
		(dollars in thousands)
Noninterest income
Service charges on deposits
Overdraft fees		$	847			$	809
Other			607				736
Interchange income			628				675
Net gains on sales of loans(1)			61				708
Wire transfer fees(1)			309				251
Loan servicing fees(1)			94				108
Bank owned life insurance(1)			3,094				3,181
Net gains on sales of securities(1)			-				1,596
Annuity and insurance income(1)			-				39
Other			99				101
Total noninterest income		$	5,739			$	8,204

⁽¹⁾ Not within scope of ASC 606.

⁽²⁾ The Company elected the modified retrospective approach of adoption; therefore, prior period balances are presented under legacy GAAP and may not be comparable to current year presentation.

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- References

No definition available.

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

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