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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common Stock
Preferred stock
Paid-in capital
Retained earnings
Unearned compensation - restricted stock awards
Accumulated other comprehensive income
Total shareholders' equity
Balance - Beginning, amount at Dec. 31, 2013 $ 171 $ 16,000 $ 13,668 $ 42,240 $ (335) $ 1,046 $ 72,790
Balance - Beginning, shares at Dec. 31, 2013 1,710,121            
Net income for the period       $ 1,517     1,517
Other comprehensive income/loss, net of tax           $ 1,603 1,603
Common stock dividends declared       $ (959)     (959)
Preferred stock dividends declared       $ (86)     $ (86)
Issuance of restricted common stock, amount     $ 81   $ (81)    
Issuance of restricted common stock, shares 3,000            
Forfeiture of restricted common stock, amount     (50)   $ 50    
Forfeiture of restricted common stock, shares (2,000)            
Issuance of common stock for directors, amount     $ 65       $ 65
Issuance of common stock for directors, shares 2,160            
Stock based compensation - restricted stock awards         $ 70   70
Balance - Ending, amount at Jun. 30, 2014 $ 171 $ 16,000 $ 13,764 $ 42,712 (296) $ 2,649 75,000
Balance - Ending, shares at Jun. 30, 2014 1,713,281            
Balance - Beginning, amount at Dec. 31, 2014 $ 272 $ 16,000 $ 41,077 42,677 $ (313) $ 2,108 101,821
Balance - Beginning, shares at Dec. 31, 2014 2,720,766            
Net income for the period       $ 4,306     4,306
Other comprehensive income/loss, net of tax           $ (738) (738)
Common stock dividends declared       $ (1,525)     (1,525)
Preferred stock dividends declared       $ (80)     (80)
Stock options exercised, amount $ 1   $ 125       126
Stock options exercised, shares 6,750            
Issuance of common stock for executives, amount     29       29
Issuance of common stock for executives, shares 1,000            
Issuance of common stock for directors, amount     $ 81       81
Issuance of common stock for directors, shares 2,660            
Stock based compensation - restricted stock awards         $ 84   84
Balance - Ending, amount at Jun. 30, 2015 $ 273 $ 16,000 $ 41,312 $ 45,378 $ (229) $ 1,370 $ 104,104
Balance - Ending, shares at Jun. 30, 2015 2,731,176