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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
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         12,150
Issuance of restricted stock, amount (3) 3
Issuance of restricted stock, 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          
Balance - Beginning, amount at Dec. 31, 2017 $ 279 42,998 54,664 (606) 179 $ 97,514
Balance - Beginning, shares at Dec. 31, 2017 2,785,216         2,785,216
Net income 2,015 $ 2,015
Adoption of new accounting principle (16) 16
Other comprehensive loss, net of tax (807) (807)
Common stock dividends declared (780) (780)
Stock options exercised, amount 42 $ 42
Stock options exercised, shares 1,350         1,350
Stock based compensation - restricted stock awards 113 $ 113
Balance - Ending, amount at Mar. 31, 2018 $ 279 $ 43,040 $ 55,883 $ (493) $ (612) $ 98,097
Balance - Ending, shares at Mar. 31, 2018 2,786,566         2,786,566