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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Treasury Shares
Paid-in Capital
Retained Earnings
Adoption of ASU 2016-13 (CECL)
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Adoption of ASU 2016-13 (CECL)
Total
Balance, beginning of period at Dec. 31, 2021 $ 16,030 $ (6,716) $ 144,453   $ 142,612 $ 5,026   $ 301,405
Balance (in shares) at Dec. 31, 2021 16,030,172              
Balance (in shares) at Dec. 31, 2021   271,082            
Net Income (Loss)         18,839     18,839
Other comprehensive loss, net           (61,495)   (61,495)
Cash dividends declared on common stock         (13,147)     (13,147)
Shares issued for dividend reinvestment plan   $ 1,216 10         1,226
Shares issued for dividend reinvestment plan (in shares)   (49,221)            
Shares issued from treasury related to exercise of stock options   $ 175 (34)         141
Shares issued from treasury related to exercise of stock options (in shares)   (7,024)            
Restricted stock granted   $ 1,932 (1,932)         0
Restricted stock granted (in shares)   (78,243)            
Forfeiture of restricted stock   $ (228) 228         0
Forfeiture of restricted stock (in shares)   10,782            
Stock-based compensation expense     1,169         1,169
Purchase of restricted stock for tax withholding   $ (175)           (175)
Purchase of restricted stock for tax withholding (in shares)   6,964            
Treasury stock purchases   $ (9,174)           (9,174)
Treasury stock purchases (in shares)   375,416            
Balance, end of period at Sep. 30, 2022 $ 16,030 $ (12,970) 143,894   148,304 (56,469)   238,789
Balance (in shares) at Sep. 30, 2022 16,030,172              
Balance (in shares) at Sep. 30, 2022   529,756            
Balance, beginning of period at Jun. 30, 2022 $ 16,030 $ (13,013) 143,417   148,187 (36,002)   258,619
Balance (in shares) at Jun. 30, 2022 16,030,172              
Balance (in shares) at Jun. 30, 2022   530,958            
Net Income (Loss)         4,455     4,455
Other comprehensive loss, net           (20,467)   (20,467)
Cash dividends declared on common stock         (4,338)     (4,338)
Shares issued for dividend reinvestment plan   $ 392 8         400
Shares issued for dividend reinvestment plan (in shares)   (16,019)            
Forfeiture of restricted stock   $ (81) 81         0
Forfeiture of restricted stock (in shares)   3,638            
Stock-based compensation expense     388         388
Purchase of restricted stock for tax withholding   $ (22)           (22)
Purchase of restricted stock for tax withholding (in shares)   910            
Treasury stock purchases   $ (246)           (246)
Treasury stock purchases (in shares)   10,269            
Balance, end of period at Sep. 30, 2022 $ 16,030 $ (12,970) 143,894   148,304 (56,469)   238,789
Balance (in shares) at Sep. 30, 2022 16,030,172              
Balance (in shares) at Sep. 30, 2022   529,756            
Balance, beginning of period at Dec. 31, 2022 $ 16,030 $ (12,520) 143,950 $ (1,652) 151,743 (49,878) $ (1,652) $ 249,325
Balance (in shares) at Dec. 31, 2022 16,030,172              
Balance (in shares) at Dec. 31, 2022   511,353           511,353
Net Income (Loss)         19,887     $ 19,887
Other comprehensive loss, net           (9,948)   (9,948)
Cash dividends declared on common stock         (12,934)     (12,934)
Shares issued for dividend reinvestment plan   $ 1,413 (182)         1,231
Shares issued for dividend reinvestment plan (in shares)   (60,871)            
Restricted stock granted   $ 1,314 (1,314)         0
Restricted stock granted (in shares)   (53,788)            
Forfeiture of restricted stock   $ (503) 503         0
Forfeiture of restricted stock (in shares)   23,039            
Stock-based compensation expense     1,015         1,015
Purchase of restricted stock for tax withholding   $ (219)           (219)
Purchase of restricted stock for tax withholding (in shares)   9,453            
Treasury stock purchases   $ (6,500)           (6,500)
Treasury stock purchases (in shares)   325,300            
Balance, end of period at Sep. 30, 2023 $ 16,030 $ (17,015) 143,972   157,044 (59,826)   $ 240,205
Balance (in shares) at Sep. 30, 2023 16,030,172              
Balance (in shares) at Sep. 30, 2023   754,486           754,486
Balance, beginning of period at Jun. 30, 2023 $ 16,030 $ (17,226) 143,661   153,725 (48,073)   $ 248,117
Balance (in shares) at Jun. 30, 2023 16,030,172              
Balance (in shares) at Jun. 30, 2023   762,076            
Net Income (Loss)         7,591     7,591
Other comprehensive loss, net           (11,753)   (11,753)
Cash dividends declared on common stock         (4,272)     (4,272)
Shares issued for dividend reinvestment plan   $ 457 (36)         421
Shares issued for dividend reinvestment plan (in shares)   (20,184)            
Forfeiture of restricted stock   $ (27) 27         0
Forfeiture of restricted stock (in shares)   1,073            
Stock-based compensation expense     320         320
Purchase of restricted stock for tax withholding   $ (16)           (16)
Purchase of restricted stock for tax withholding (in shares)   838            
Treasury stock purchases   $ (203)           (203)
Treasury stock purchases (in shares)   10,683            
Balance, end of period at Sep. 30, 2023 $ 16,030 $ (17,015) $ 143,972   $ 157,044 $ (59,826)   $ 240,205
Balance (in shares) at Sep. 30, 2023 16,030,172              
Balance (in shares) at Sep. 30, 2023   754,486           754,486