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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 (loss) income
Total
Balance - Beginning, shares at Dec. 31, 2018 2,806,781          
Balance - Beginning, amount at Dec. 31, 2018 $ 281 $ 43,770 $ 60,339 $ (711) $ (220) $ 103,459
Net income 5,137 5,137
Other comprehensive income, net of tax 1,674 1,674
Common stock dividends declared (1,571) (1,571)
Issuance of restricted stock awards, shares 11,530          
Issuance of restricted stock awards, amount $ 1 457 (458)
Stock options exercised, shares 2,025          
Stock options exercised, amount 34 34
Forfeiture of restricted stock awards, shares (460)          
Forfeiture of restricted stock awards, amount (21) 21
Issuance of director's restricted stock awards, shares 3,600          
Issuance of director's restricted stock awards, amount 142 (142)
Stock based compensation - restricted stock awards 215 215
Balance - Ending, shares at Jun. 30, 2019 2,823,476          
Balance - Ending, amount at Jun. 30, 2019 $ 282 44,382 63,905 (1,075) 1,454 108,948
Balance - Beginning, shares at Mar. 31, 2019 2,806,681          
Balance - Beginning, amount at Mar. 31, 2019 $ 281 43,765 61,989 (606) 680 106,109
Net income 2,703 2,703
Other comprehensive income, net of tax 774 774
Common stock dividends declared (787) (787)
Issuance of restricted stock awards, shares 11,530          
Issuance of restricted stock awards, amount $ 1 457 (458)
Stock options exercised, shares 2,025          
Stock options exercised, amount 34 34
Forfeiture of restricted stock awards, shares (360)          
Forfeiture of restricted stock awards, amount (16) 16
Issuance of director's restricted stock awards, shares 3,600          
Issuance of director's restricted stock awards, amount 142 (142)
Stock based compensation - restricted stock awards 115 115
Balance - Ending, shares at Jun. 30, 2019 2,823,476          
Balance - Ending, amount at Jun. 30, 2019 $ 282 44,382 63,905 (1,075) 1,454 108,948
Balance - Beginning, shares at Dec. 31, 2019 2,825,912          
Balance - Beginning, amount at Dec. 31, 2019 $ 283 44,490 68,320 (795) 1,357 113,655
Net income 4,781 4,781
Other comprehensive income, net of tax 1,277 1,277
Common stock dividends declared (1,640) (1,640)
Issuance of restricted stock awards, shares 11,775          
Issuance of restricted stock awards, amount $ 1 421 (422)
Stock options exercised, shares 3,105          
Stock options exercised, amount 53 53
Forfeiture of restricted stock awards, shares (700)          
Forfeiture of restricted stock awards, amount (29) 29
Issuance of director's restricted stock awards, shares 3,200          
Issuance of director's restricted stock awards, amount 114 (114)
Stock based compensation - restricted stock awards 47 271 318
Balance - Ending, shares at Jun. 30, 2020 2,843,292          
Balance - Ending, amount at Jun. 30, 2020 $ 284 45,096 71,461 (1,031) 2,634 118,444
Balance - Beginning, shares at Mar. 31, 2020 2,829,017          
Balance - Beginning, amount at Mar. 31, 2020 $ 283 44,566 69,547 (659) 2,406 116,143
Net income 2,734 2,734
Other comprehensive income, net of tax 228 228
Common stock dividends declared (820) (820)
Issuance of restricted stock awards, shares 11,775          
Issuance of restricted stock awards, amount $ 1 421 (422)
Stock options exercised, shares          
Stock options exercised, amount
Forfeiture of restricted stock awards, shares (700)          
Forfeiture of restricted stock awards, amount (29) 29
Issuance of director's restricted stock awards, shares 3,200          
Issuance of director's restricted stock awards, amount 114 (114)
Stock based compensation - restricted stock awards 24 135 159
Balance - Ending, shares at Jun. 30, 2020 2,843,292          
Balance - Ending, amount at Jun. 30, 2020 $ 284 $ 45,096 $ 71,461 $ (1,031) $ 2,634 $ 118,444