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v3.23.1

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands | Common Stock [Member] | Surplus [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Loss, Net of Tax [Member] | Total
--- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2020 | $ 70 | $ 30,149 | $ 129,691 | $ (28,863) | $ 131,047
Net income |  |  | 19,770 |  | 19,770
Other comprehensive loss, net of tax |  |  |  | 1,549 | 1,549
Common stock issued |  | 215 |  |  | 215
Common stock dividend declared |  |  | (3,974) |  | (3,974)
Stock based compensation |  | 472 |  |  | 472
Stock repurchase | (4) | (7,175) |  |  | (7,179)
Balance at Dec. 31, 2021 | 66 | 23,661 | 145,487 | (27,314) | 141,900
Net income |  |  | 25,048 |  | 25,048
Other comprehensive loss, net of tax |  |  |  | (11,712) | (11,712)
Common stock issued | 1 | 216 |  |  | 217
Common stock dividend declared |  |  | (4,192) |  | (4,192)
Stock based compensation |  | 532 |  |  | 532
Balance at Dec. 31, 2022 | $ 67 | $ 24,409 | $ 166,343 | $ (39,026) | $ 151,793

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