XML 150 R25.htm IDEA: XBRL DOCUMENT v3.20.1
Stockholders'/Shareholders' Equity
12 Months Ended
Dec. 31, 2019
Federal Home Loan Banks [Abstract]  
Stockholders'/Shareholders' Equity

(15) STOCKHOLDERS’/SHAREHOLDERS’ EQUITY

In November 2003, the Company announced a stock repurchase program which authorized the repurchase of up to $10,000,000 of common stock. In November 2004, the repurchase program was increased by an additional $10,000,000, which was further increased to a total of $20,000,000 in July 2014, and which was further increased to a total of $26,000,000 in July 2015. As of December 31, 2019, a total of 2,931,125 shares had been repurchased for $24,587,000, in which $22,874,509 of shares remain authorized for repurchase under the program. There were no purchases in 2019, 2018, and 2017.