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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of components of provision for income taxes

Information as of December 31 and for the year follows:

 

(Dollars in thousands)                  
    2016     2015     2014  
Provision for Income Taxes                        
Current federal income tax expense   $ 2,244     $ 2,576     $ 2,536  
Deferred federal income tax expense/(benefit)     (82 )     (631 )     (460 )
    Income tax expense   $ 2,162     $ 1,945     $ 2,076  
Schedule of reconciliation of income tax expense

Information as of December 31 and for the year follows:

 

(Dollars in thousands)                  
    2016     2015     2014  
Reconciliation of Income Tax Provision to Statutory Rate                        
Income tax computed at statutory federal rate of 34%   $ 2,806     $ 2,614     $ 2,642  
Tax exempt interest income     (496 )     (488 )     (475 )
Tax exempt earnings on bank-owned life insurance     (121 )     (221 )     (103 )
Other items     (27 )     40       12  
    Income tax expense   $ 2,162     $ 1,945     $ 2,076  
                         
    Effective income tax rate     26 %     25 %     27 %

 
Schedule of deferred tax assets and liabilities

(Dollars in thousands)            
             
Components of Deferred Tax Assets and Liabilities   2016     2015  
Deferred tax assets:                
     Allowance for loan losses   $ 1,454     $ 1,426  
     Unrealized losses on securities available for sale     361       —  
     Deferred compensation     232       269  
     Loan costs/fees deferred     84       86  
     Other     339       181  
          Total deferred tax assets     2,470       1,962  
                 
Deferred tax liabilities:                
     Depreciation     1,181       1,182  
     Loan servicing rights     238       129  
     Post-retirement benefits obligation     53       65  
     Unrealized gains on securities available for sale     —       555  
     Purchase accounting adjustments from merger     —       117  
     Other     190       117  
          Total deferred tax liabilities     1,662       2,165  
          Net deferred tax asset/(liability)   $ 808     $ (203 )