Nature of Operations and Summary of Significant Accounting Policies Adoption of ASU No. 2016-09 (Tables)

12 Months Ended

Dec. 31, 2016

Adoption of the standard impacted the Corporation’s previously reported quarterly results as follows:



	For the Three Months Ended
	September 30, 2016						June 30, 2016						March 31, 2016
	As Reported			As Adjusted			As Reported			As Adjusted			As Reported			As Adjusted
	(Dollars in Thousands, Except Share Data)
Income tax (benefit) expense	$	(2,895	)	$	(3,020	)	$	1,628		$	1,621		$	2,362		$	2,356
Net income	2,540			2,665			3,716			3,723			4,547			4,553
Effective tax rate	NM			NM			30.5		%	30.3		%	34.2		%	34.1		%
Earnings per common share:
Basic	$	0.29		$	0.31		$	0.43		$	0.43		$	0.52		$	0.52
Diluted	0.29			0.31			0.43			0.43			0.52			0.52
Additional paid-in capital	77,544			77,419			77,127			77,120			76,851			76,845
Retained earnings	88,255			88,380			86,760			86,767			84,089			84,095
Return on average assets (annualized)	0.56		%	0.59		%	0.81		%	0.82		%	1.00		%	1.00		%
Return on average equity (annualized)	6.38		%	6.69		%	9.43		%	9.45		%	11.68		%	11.70		%

NM = Not meaningful