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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common Stock
Paid-in capital
Retained earnings
Unearned compensation - restricted stock awards
Accumulated other comprehensive income
Total shareholders' equity
Balance - Beginning, amount at Dec. 31, 2015 $ 273 $ 41,364 $ 47,922 $ (110) $ 1,125 $ 90,574
Balance - Beginning, shares at Dec. 31, 2015 2,733,576          
Net income 1,512 1,512
Other comprehensive loss, net of tax (46) (46)
Common stock dividends declared (772) (772)
Stock options exercised, amount 87 87
Stock options exercised, shares 4,050          
Issuance of restricted stock awards, amount $ 2 464 (466)
Issuance of restricted stock awards, shares 15,800          
Stock based compensation - restricted stock awards 47 47
Balance - Ending, amount at Mar. 31, 2016 $ 275 41,915 48,662 (529) 1,079 91,402
Balance - Ending, shares at Mar. 31, 2016 2,753,426          
Balance - Beginning, amount at Dec. 31, 2016 $ 276 42,085 51,521 (352) 477 94,007
Balance - Beginning, shares at Dec. 31, 2016 2,758,086          
Net income 1,604 1,604
Other comprehensive loss, net of tax 10 10
Common stock dividends declared (774) (774)
Stock options exercised, amount $ 1 312 313
Stock options exercised, shares 12,150          
Forfeiture of restricted stock awards, amount (3) 3
Forfeiture of restricted stock awards, shares (200)          
Stock based compensation - restricted stock awards 61 61
Balance - Ending, amount at Mar. 31, 2017 $ 277 $ 42,394 $ 52,351 $ (288) $ 487 $ 95,221
Balance - Ending, shares at Mar. 31, 2017 2,770,036