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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Schedule of composition of income tax expense (benefit)

The composition of income tax expense for the years ended December 31, 2014, 2013, and 2012 was as follows:

 

(in thousands)
 ​ ​
2014
 ​ ​
2013
 ​ ​
2012
 ​
Current: ​ ​ ​ ​
Federal
 ​ ​ ​ $ 1,105 ​ ​ ​ ​ $ 584 ​ ​ ​ ​ $ 651 ​ ​
State
 ​ ​ ​ ​ 137 ​ ​ ​ ​ ​ 71 ​ ​ ​ ​ ​ 156 ​ ​
Total current
 ​ ​ ​ ​ 1,242 ​ ​ ​ ​ ​ 655 ​ ​ ​ ​ ​ 807 ​ ​
Deferred: ​ ​ ​ ​
Federal
 ​ ​ ​ ​ 2,353 ​ ​ ​ ​ ​ 1,485 ​ ​ ​ ​ ​ (197) ​ ​
State
 ​ ​ ​ ​ 447 ​ ​ ​ ​ ​ 282 ​ ​ ​ ​ ​ (64) ​ ​
Total deferred
 ​ ​ ​ ​ 2,800 ​ ​ ​ ​ ​ 1,767 ​ ​ ​ ​ ​ (261) ​ ​
Total income tax expense
 ​ ​ ​ $ 4,042 ​ ​ ​ ​ $ 2,422 ​ ​ ​ ​ $ 546 ​ ​
​
Schedule of the applicable income tax (benefit) expense for financial reporting purposes differs from the amount computed by applying the statutory Federal income tax rate
(in thousands)   2014     2013     2011  
    Amount     %     Amount     %     Amount     %  
                                     
Income before provision for income tax expense   $ 11,696             $ 7,396             $ 3,368          
Tax at statutory federal income tax rate   $ 3,977       34.00 %   $ 2,515       34.00 %   $ 1,145       34.00 %
Tax-exempt income     (348 )     (2.98 )     (353 )     (4.77 )     (380 )     (11.27 )
State income tax, net of federal tax benefit     385       3.30       233       3.15       61       1.81  
Release of prior year over accrual     0       0.00       0       0.00       (371 )     (11.01 )
Other, net     28       0.24       27       0.37       91       2.70  
                                                 
Provision for income tax expense   $ 4,042       34.56 %   $ 2,422       32.75 %   $ 546       16.23 %
Schedule of components of deferred tax assets and deferred tax liabilities
(in thousands)   2014     2013  
             
Deferred tax assets:                
Allowance for loan losses   $ 3,458     $ 5,213  
Impairment of other real estate owned     1,233       1,771  
Goodwill     1,786       2,134  
Available-for-sale securities     0       914  
Deferred taxes on pension     0       0  
Nonaccrual loan interest     1,069       1,015  
Core deposit intangible     689       822  
Pension     985       896  
Deferred taxes on pension     998       0  
Deferred compensation     130       44  
Other     250       322  
                 
Total deferred tax assets   $ 10,598     $ 13,131  
                 
Deferred tax liabilities:                
Available-for-sale securities   $ 131     $ 0  
Premises and equipment     1,160       988  
Mortgage servicing rights     1,022       1,114  
Deferred taxes on pension     0       328  
Assets held for sale     114       112  
FHLB stock dividend     0       100  
Other     53       72  
                 
Total deferred tax liabilities     2,480       2,714  
                 
Net deferred tax assets   $ 8,118     $ 10,417