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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure [Line Items]      
Pay vs Performance Disclosure, Table Pay Versus Performance

The following table presents certain information regarding compensation paid and certain financial measures for the years ended December 31, 2024, 2023, and 2022 for the PEO and other NEOs, as disclosed in the Summary Compensation table above.

Pay-Versus-Performance Table

Year

Summary Compensation Table Total for PEO ($)(1)

Compensation Actually Paid to PEO($)(3)

Average Summary Compensation table total for Non-PEO NEOs($)(2)

Average Compensation Actually Paid to Non-PEO NEOs($)(3)

Value of Initial Fixed Investment Based on Total Shareholder Return($) (4)

Net Income($)(5) (000’s)

2024

741,753

741,753

511,964

511,964

135.58

7,994

2023

564,156

564,156

497,857

497,857

105.29

8,704

2022

617,413

617,413

457,207

457,207

79.11

8,959

(1)Robert R. Chapman III was the Registrant’s Principal Executive Officer (PEO) for each of the 2023 and 2022 fiscal years.

(2) For the 2022 fiscal year, the Registrant’s Non PEO NEOs were J. Todd Scruggs, Michael A. Syrek, and Harry P. Umberger and for the 2023 fiscal year, the Registrant’s Non PEO NEOs were J. Todd Scruggs and Michael A. Syrek. In 2022, the compensation actually paid to Mr. Umberger was $384,616.

(3)No adjustments were required by Item 402(v) of Regulation S-K to total compensation for either 2024. 2023, or 2022 in determining compensation actually paid.

(4)In our 2024 proxy statement, due to an administrative error involving incorrect stock price data, we inadvertently reported our Total Shareholder Return (TSR) for 2022. We corrected the error and the correct number is reported above. This error was confined solely to the TSR disclosure and did not influence executive compensation decisions or other disclosures, as the Compensation Committee reviewed and utilized accurate data in their evaluations. We have implemented additional controls to prevent similar mistakes in the future.

(5)As reported on Registrant’s Consolidated Statements of Income for the applicable fiscal reporting year, as provided under Part II Item 8 of Registrant’s Annual Report on Form 10-K.

   
Company Selected Measure Name Total Shareholder Return    
Named Executive Officers, Footnote Robert R. Chapman III was the Registrant’s Principal Executive Officer (PEO) for each of the 2023 and 2022 fiscal years.

(2) For the 2022 fiscal year, the Registrant’s Non PEO NEOs were J. Todd Scruggs, Michael A. Syrek, and Harry P. Umberger and for the 2023 fiscal year, the Registrant’s Non PEO NEOs were J. Todd Scruggs and Michael A. Syrek. In 2022, the compensation actually paid to Mr. Umberger was $384,616.

   
PEO Total Compensation Amount $ 741,753 $ 564,156 $ 617,413
PEO Actually Paid Compensation Amount $ 741,753 564,156 617,413
Adjustment To PEO Compensation, Footnote

Equity Award Adjustments

Year

Summary compensation table total for PEO ($)

Reported Value of Granted Equity Awards ($)

Year end fair value of outstanding and unvested equity awards granted in the year ($)

Change in fair value of outstanding and unvested equity awards granted in prior years ($)

Compensation actually paid to PEO ($)

2024

741,753

-

N/A

N/A

741,753

2023

564,156

-

N/A

N/A

564,156

2022

617,413

-

N/A

N/A

617,413

   
Non-PEO NEO Average Total Compensation Amount $ 511,964 497,857 457,207
Non-PEO NEO Average Compensation Actually Paid Amount $ 511,964 497,857 457,207
Adjustment to Non-PEO NEO Compensation Footnote

Equity Award Adjustments

Year

Summary compensation table total for Non-PEO NEOs ($) (1)

Reported Value of Granted Equity Awards ($)

Year end fair value of outstanding and unvested equity awards granted in the year ($)

Change in fair value of outstanding and unvested equity awards granted in prior years ($)

Compensation actually paid to Non-PEO NEOs ($)

2024

511,964

-

N/A

N/A

511,964

2023

497,857

-

N/A

N/A

497,857

2022

457,207

-

N/A

N/A

457,207

   
Compensation Actually Paid vs. Total Shareholder Return The following graphs illustrate the relationship during 2022, 2023, and 2024 between compensation actually paid to our PEO and other NEOs and total shareholder return (“TSR”).

A graph of a graph with numbers and a line

AI-generated content may be incorrect.

   .  

   
Compensation Actually Paid vs. Net Income The following graphs illustrate the relationship during 2022, 2023, and 2024 between compensation actually paid to our PEO and other NEOs and net income (in thousands).

A graph of black and white bars

AI-generated content may be incorrect.

    

   
Total Shareholder Return Amount $ 135.58 105.29 79.11
Net income $ 7,994,000 $ 8,704,000 $ 8,959,000
PEO Name Robert R. Chapman III Robert R. Chapman III Robert R. Chapman III