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v3.8.0.1

Consolidated Statement of Changes in Shareholders' Equity - USD ($) $ in Thousands | Preferred Stock [Member] | Common Stock [Member] | Surplus [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Loss [Member] | Total
--- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2016 | $ 20,000 | $ 63 | $ 22,178 | $ 92,922 | $ (21,465) | $ 113,698
Net income |  |  |  | 2,506 |  | 2,506
Other comprehensive income (loss) |  |  |  |  | 820 | 820
Stock based compensation |  |  | 53 |  |  | 53
Balance at Sep. 30, 2017 | 0 | 71 | 31,606 | 103,230 | (23,773) | 111,134
Balance at Dec. 31, 2016 | 20,000 | 63 | 22,178 | 92,922 | (21,465) | 113,698
Net income |  |  |  | 5,269 |  | 5,269
Other comprehensive income (loss) |  |  |  |  | 1,255 | 1,255
Stock based compensation |  |  | 192 |  |  | 192
Common stock issued |  | 8 | 9,183 |  |  | 9,191
Preferred stock redemption | (20,000) |  |  |  |  | (20,000)
Reclassification of certain tax effect |  |  |  | 4,383 | (4,383) | 0
Preferred stock dividends paid |  |  |  | (1,215) |  | (1,215)
Balance at Dec. 31, 2017 | $ 0 | $ 71 | $ 31,553 | 101,359 | (24,593) | 108,390
Net income |  |  |  |  |  | 2,506
Other comprehensive income (loss) |  |  |  |  |  | 820
Cash dividends on common stock |  |  |  | $ (635) |  | (635)
Balance at Mar. 31, 2018 |  |  |  |  | $ (23,773) | $ 111,134

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