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Borrowing to Fund Acquisition | 6 Months Ended
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Jun. 30, 2017
Debt Disclosure [Abstract] |
Borrowing to Fund Acquisition | Borrowing to Fund Acquisition The Corporation entered into a line of credit with another local bank on June 21, 2017 to partially fund the cash payments to shareholders of New Windsor Bancorp, Inc. in connection with the acquisition of that bank holding company on July 1, 2017. As of June 30, 2017, $4,600,000 was outstanding on this line of credit and is included in long-term borrowings on the Corporation’s consolidated statement of condition. Terms include a fixed rate of 4.5% for the first five years and a variable rate of interest with Prime Rate thereafter to final maturity in June 2028.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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