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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Preferred Stock
Paid-in capital
Retained earnings
Long Term Incentive Plan
Accumulated other comprehensive income (loss)
Total shareholders' equity
Balance - Beginning, amount at Dec. 31, 2012 $ 169 $ 16,000 $ 13,158 $ 40,233 $ 2,437 $ 71,997
Balance - Beginning, shares at Dec. 31, 2012 1,689,731            
Net income for year $ 4,083 4,083
Other comprehensive income, net of tax $ (1,391) (1,391)
Common stock dividends declared $ (1,915) (1,915)
Preferred stock dividends declared $ (161) $ (161)
Issuance of restricted common stock, amount $ 2 $ 488 $ (490)
Issuance of restricted common stock, shares 19,600            
Forfeiture of restricted common stock, amount $ (12) 12
Forfeiture of restricted common stock, shares (500)            
Stock based compensation-restricted stock awards $ 143 $ 143
Issuance of common stock for director fees, amount $ 34 34
Issuance of common stock for director fees, shares 1,330            
Balance - Ending at Dec. 31, 2013 $ 171 $ 16,000 $ 13,668 $ 42,240 $ (335) $ 1,046 72,790
Balance - Ending, shares at Dec. 31, 2013 1,710,121            
Net income for year $ 2,521 2,521
Other comprehensive income, net of tax $ 1,062 1,062
Common stock dividends declared $ (1,918) (1,918)
Preferred stock dividends declared $ (166) (166)
Acquisition of Riverside Bank, amount $ 100 $ 27,151 27,251
Acquisition of Riverside Bank, shares 1,001,485            
Issuance of common stock for executives, amount 61 $ 61
Issuance of common stock for executives, shares 2,250            
Issuance of restricted common stock, amount $ 1 182 $ (183)
Issuance of restricted common stock, shares 6,750            
Forfeiture of restricted common stock, amount $ (50) 50
Forfeiture of restricted common stock, shares (2,000)            
Stock based compensation-restricted stock awards $ 155 $ 155
Issuance of common stock for director fees, amount $ 65 65
Issuance of common stock for director fees, shares 2,160            
Balance - Ending at Dec. 31, 2014 $ 272 $ 16,000 $ 41,077 $ 42,677 $ (313) $ 2,108 101,821
Balance - Ending, shares at Dec. 31, 2014 2,720,766            
Net income for year $ 8,457 8,457
Other comprehensive income, net of tax $ (983) (983)
Common stock dividends declared $ (3,054) (3,054)
Preferred stock dividends declared $ (158) (158)
Stock options exercised, amount $ 1 $ 182 183
Stock options exercised, shares 9,450            
Issuance of common stock for executives, amount 29   $ 29
Issuance of common stock for executives, shares 1,000            
Forfeiture of restricted common stock, amount (7) $ 7
Forfeiture of restricted common stock, shares (300)            
Stock based compensation-restricted stock awards 2 $ 196 $ 198
Issuance of common stock for director fees, amount $ 81 81
Issuance of common stock for director fees, shares 2,660            
Redemption of preferred stock $ (16,000) (16,000)
Balance - Ending at Dec. 31, 2015 $ 273 $ 41,364 $ 47,922 $ (110) $ 1,125 $ 90,574
Balance - Ending, shares at Dec. 31, 2015 2,733,576