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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Special Cash Dividend [Member]
Retained Earnings [Member]
Special Cash Dividend [Member]
Cash Dividend [Member]
Retained Earnings [Member]
Cash Dividend [Member]
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2018         3,616,483      
Balance at Dec. 31, 2018         $ 54,523 $ 26,686 $ (732) $ 80,477
Net income           4,144   4,144
Other comprehensive income             3,826 3,826
Shares issued (in shares)         6,728      
Shares issued         $ 99     99
Effect of employee stock purchases         $ 11     11
Stock options exercised and issued (1) (in shares) [1]         3,390      
Stock options exercised and issued (1) [1]         $ 46     46
Stock-based compensation expense         $ 379     379
Restricted stock units issued (in shares)         7,787      
Cash dividends declared $ (2,180) $ (2,180) $ (2,176) $ (2,176)        
Balance (in shares) at Sep. 30, 2019         3,634,388      
Balance at Sep. 30, 2019         $ 55,058 26,474 3,094 84,626
Balance (in shares) at Jun. 30, 2019         3,632,917      
Balance at Jun. 30, 2019         $ 54,756 28,359 2,548 85,663
Net income           1,021   1,021
Other comprehensive income             546 546
Shares issued (in shares)         1,471      
Shares issued         $ 40     40
Effect of employee stock purchases         4     4
Stock-based compensation expense         $ 258     258
Cash dividends declared $ (2,180) $ (2,180) $ (726) $ (726)        
Balance (in shares) at Sep. 30, 2019         3,634,388      
Balance at Sep. 30, 2019         $ 55,058 26,474 3,094 $ 84,626
Balance (in shares) at Dec. 31, 2019         7,245,088     7,245,088
Balance at Dec. 31, 2019         $ 162,610 28,051 1,478 $ 192,139
Net income           11,513   11,513
Other comprehensive income             7,791 7,791
Shares issued (in shares)         14,291      
Shares issued         $ 304     304
Effect of employee stock purchases         $ 11     11
Stock options exercised and issued (1) (in shares) [1]         7,261      
Stock options exercised and issued (1) [1]         $ 9     9
Stock-based compensation expense         $ 123     123
Restricted stock units issued (in shares)         365      
Cash dividends declared           (4,459)   (4,459)
Merger with Community Shores Bank Corporation (in shares)         524,055      
Merger with Community Shores Bank Corporation         $ 15,494     $ 15,494
Balance (in shares) at Sep. 30, 2020         7,791,060     7,791,060
Balance at Sep. 30, 2020         $ 178,551 35,106 9,269 $ 222,926
Balance (in shares) at Jun. 30, 2020         7,261,605      
Balance at Jun. 30, 2020         $ 162,862 32,835 6,926 202,623
Net income           3,829   3,829
Other comprehensive income             2,343 2,343
Shares issued (in shares)         5,169      
Shares issued         $ 143     143
Effect of employee stock purchases         $ 4     4
Stock options exercised and issued (1) (in shares) [1]         231      
Stock-based compensation expense         $ 48     48
Cash dividends declared           (1,558)   (1,558)
Merger with Community Shores Bank Corporation (in shares)         524,055      
Merger with Community Shores Bank Corporation         $ 15,494     $ 15,494
Balance (in shares) at Sep. 30, 2020         7,791,060     7,791,060
Balance at Sep. 30, 2020         $ 178,551 $ 35,106 $ 9,269 $ 222,926
[1] The amount shown represents the number of shares issued in cashless transactions where some taxes are netted on a portion of the exercises.