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v3.4.0.3

Consolidated Statements of Stockholders' Equity (unaudited) - USD ($) $ in Thousands | Common Stock | Surplus | Retained Earnings | Treasury Stock | Accumulated Other Comprehensive (Loss) | Total
--- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2014 | $ 117 | $ 118,846 | $ 64,547 | $ (25) | $ (8,367) | $ 175,118
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net Income |  |  | 4,763 |  |  | 4,763
Shares issued under the dividend reinvestment plan ("DRP") |  | 169 |  |  |  | 169
Stock awards granted and distributed |  | (43) |  | 43 |  |
Vesting of stock awards |  |  |  | (210) |  | (210)
Income tax effect of stock plans |  | 48 |  |  |  | 48
Share based compensation expense |  | 350 |  |  |  | 350
Cash dividend declared, $0.23 per share |  |  | 2,687 |  |  | (2,687)
Other comprehensive income, net of deferred income taxes |  |  |  |  | 2,600 | 2,600
Balance at Mar. 31, 2015 | 117 | 119,370 | 66,623 | $ (192) | (5,767) | 180,151
Balance at Dec. 31, 2015 | 174 | 278,333 | 72,243 |  | (9,622) | 341,128
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net Income |  |  | 8,626 |  |  | 8,626
Shares issued under the dividend reinvestment plan ("DRP") |  | 221 |  |  |  | $ 221
Stock awards granted and distributed | 1 | (11) |  | $ 10 |  |
Stock awards forfeited |  | 50 |  | (50) |  |
Vesting of stock awards |  |  |  | (291) |  | $ (291)
Share based compensation expense |  | 506 |  |  |  | 506
Cash dividend declared, $0.23 per share |  |  | (4,017) |  |  | (4,017)
Other comprehensive income, net of deferred income taxes |  |  |  |  | 4,765 | 4,765
Balance at Mar. 31, 2016 | $ 175 | $ 279,099 | $ 76,852 | $ (331) | $ (4,857) | $ 350,938

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