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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 for the period 3,247 3,247
Other comprehensive loss, net of tax (17) (17)
Common stock dividends declared (1,542) (1,542)
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          
Issuance of common stock for directors, amount $ 1 141 142
Issuance of common stock for directors, shares 4,760          
Stock based compensation - restricted stock awards 93 93
Balance - Ending, amount at Jun. 30, 2016 $ 276 42,056 49,627 (483) 1,108 92,584
Balance - Ending, shares at Jun. 30, 2016 2,758,186          
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 for the period 3,487 3,487
Other comprehensive loss, net of tax 90 90
Common stock dividends declared (1,555) (1,555)
Stock options exercised, amount $ 1 312 313
Stock options exercised, shares 12,150          
Issuance of restricted stock awards, amount $ 2 426 (428)
Issuance of restricted stock awards, shares 10,950          
Forfeiture of restricted stock awards, amount (3) 3
Forfeiture of restricted stock awards, shares (200)          
Issuance of vested common stock for directors, amount 81 81
Issuance of vested common stock for directors, shares 2,056          
Issuance of director's restricted stock awards, amount 83 (83)
Issuance of director's restricted stock awards, shares 2,024          
Stock based compensation - restricted stock awards 122 122
Balance - Ending, amount at Jun. 30, 2017 $ 279 $ 42,984 $ 53,453 $ (738) $ 567 $ 96,545
Balance - Ending, shares at Jun. 30, 2017 2,785,066