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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Years Ended December 31,
	2014			2013			2012
	(In Thousands)
Current	$	2,657		$	2,566		$	2,612
Deferred		(51)			140			424
	$	2,606		$	2,706		$	3,036

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Percentage of Income
	before Income Taxes
	Years Ended December 31,
	2014			2013			2012
Tax at statutory rates	34.0	%		34.0	%		34.0	%
Tax exempt interest income, net of interest expense disallowance	(7.7)			(6.7)			(6.9)
Incentive stock options	0.4			0.4			0.3
Earnings and proceeds on life insurance	(1.5)			(3.7)			(1.2)
Other	0.2			0.2			0.3
	25.4	%		24.2	%		26.5	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2014			2013
	(In Thousands)
Deferred tax assets:
Allowance for loan losses	$	1,997		$	1,941
Deferred compensation		491			496
Purchase price adjustment		999			1,215
Other		201			303
Foreclosed real estate valuation allowance		280			54
Net unrealized loss on securities		-			1,337
Total Deferred Tax Assets		3,968			5,346
Deferred tax liabilities:
Premises and equipment		265			327
Deferred loan fees		170			200
Net unrealized gains on securities		248			-
Total Deferred Tax Liabilities		683			527
Net Deferred Tax Asset	$	3,285		$	4,819

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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