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Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Treasury Stock, Common [Member] | AOCI Attributable to Parent [Member] | Total
--- | --- | --- | --- | --- | --- | ---
Beginning balance, value at Dec. 31, 2022 |  | $ 52 | $ 84,273 | $ 52,174 |  | $ (25,066) | $ 111,433
Net earnings |  |  |  | 6,719 |  |  | 6,719
Other comprehensive income (loss) |  |  |  |  |  | 2,394 | 2,394
Dividends paid | [1] |  |  | (2,191) |  |  | (2,191)
Stock-based compensation |  |  | 150 |  |  |  | 150
Cumulative effect of change in accounting principle from implementation of ASU 2016-3 |  |  |  | (1,204) |  |  | (1,204)
Balance, value |  | 52 | 84,273 | 50,970 |  | (25,066) | 110,229
Exercise of stock options, 2,693 shares |  |  | 52 |  |  |  | 52
Ending balance, value at Jun. 30, 2023 |  | 52 | 84,475 | 55,498 |  | (22,672) | 117,353
Beginning balance, value at Mar. 31, 2023 |  | 52 | 84,413 | 53,231 |  | (19,978) | 117,718
Net earnings |  |  |  | 3,362 |  |  | 3,362
Other comprehensive income (loss) |  |  |  |  |  | (2,694) | (2,694)
Dividends paid | [2] |  |  | (1,095) |  |  | (1,095)
Stock-based compensation |  |  | 62 |  |  |  | 62
Ending balance, value at Jun. 30, 2023 |  | 52 | 84,475 | 55,498 |  | (22,672) | 117,353
Beginning balance, value at Dec. 31, 2023 |  | 55 | 89,208 | 54,282 | (75) | (16,556) | 126,914
Net earnings |  |  |  | 5,790 |  |  | 5,790
Other comprehensive income (loss) |  |  |  |  |  | (2,158) | (2,158)
Dividends paid |  |  |  | (2,298) |  |  | (2,298)
Stock-based compensation |  |  | 261 |  |  |  | 261
Issuance of restricted common stock, shares |  |  |  |  |  |  |
Purchase of shares treasury stock |  |  |  |  | (255) |  | (255)
Ending balance, value at Jun. 30, 2024 |  | 55 | 89,469 | 57,774 | (330) | (18,714) | 128,254
Beginning balance, value at Mar. 31, 2024 |  | 55 | 89,364 | 55,912 | (249) | (18,411) | 126,671
Net earnings |  |  |  | 3,012 |  |  | 3,012
Other comprehensive income (loss) |  |  |  |  |  | (303) | (303)
Dividends paid |  |  |  | (1,150) |  |  | (1,150)
Stock-based compensation |  |  | 105 |  |  |  | 105
Issuance of restricted common stock, shares |  |  |  |  |  |  |
Purchase of shares treasury stock |  |  |  |  | (81) |  | (81)
Ending balance, value at Jun. 30, 2024 |  | $ 55 | $ 89,469 | $ 57,774 | $ (330) | $ (18,714) | $ 128,254
[1] | Dividends per share have been adjusted to give effect to the 5% stock dividend paid during December 2023.
[2] | Dividends per share have been adjusted to give effect to the 5% stock dividend paid during December 2023.

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