XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period (in shares) at Dec. 31, 2018   6,627,358      
Balance in the beginning of period at Dec. 31, 2018 $ 193,703 $ 41,094 $ 1,042 $ 159,073 $ (7,506)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 5,696     5,696  
Stock incentive plan 49   49    
Issuance of shares of common stock through exercise of stock options (in shares)   7,200      
Issuance of shares of common stock through exercise of stock options 80 $ 80      
Issuance of shares of common stock as board compensation (in shares)   2,368      
Issuance of shares of common stock as board compensation 97 $ 97      
Cash dividend (1,326)     (1,326)  
Other comprehensive income (loss) 3,885       3,885
Balance at the end of period (in shares) at Mar. 31, 2019   6,636,926      
Balance at the end of period at Mar. 31, 2019 202,184 $ 41,271 1,091 163,443 (3,621)
Balance at the beginning of period (in shares) at Dec. 31, 2018   6,627,358      
Balance in the beginning of period at Dec. 31, 2018 193,703 $ 41,094 1,042 159,073 (7,506)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 18,081        
Other comprehensive income (loss) 7,780        
Balance at the end of period (in shares) at Sep. 30, 2019   7,306,221      
Balance at the end of period at Sep. 30, 2019 245,389 $ 68,082 1,205 175,828 274
Balance at the beginning of period (in shares) at Mar. 31, 2019   6,636,926      
Balance in the beginning of period at Mar. 31, 2019 202,184 $ 41,271 1,091 163,443 (3,621)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 5,538     5,538  
Stock incentive plan 50   50    
Issuance of shares of common stock through IPO (in shares)   663,320      
Issuance of shares of common stock through IPO 26,812 $ 26,812      
Board compensation adjustment (1) $ (1)      
Other comprehensive income (loss) 3,328       3,328
Balance at the end of period (in shares) at Jun. 30, 2019   7,300,246      
Balance at the end of period at Jun. 30, 2019 237,911 $ 68,082 1,141 168,981 (293)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 6,847     6,847  
Stock incentive plan 64   64    
Issuance of restricted shares of common stock through stock incentive plan, net (in shares)   5,975      
Issuance of restricted shares of common stock through stock incentive plan, net 0        
Other comprehensive income (loss) 567       567
Balance at the end of period (in shares) at Sep. 30, 2019   7,306,221      
Balance at the end of period at Sep. 30, 2019 $ 245,389 $ 68,082 1,205 175,828 274
Balance at the beginning of period (in shares) at Dec. 31, 2019 7,306,221 7,306,221      
Balance in the beginning of period at Dec. 31, 2019 $ 251,898 $ 68,082 1,269 182,571 (24)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 6,745     6,745  
Stock incentive plan 64   64    
Issuance of shares of common stock through exercise of stock options (in shares)   14,720      
Issuance of shares of common stock through exercise of stock options 8 $ 8      
Issuance of shares of common stock as board compensation (in shares)   1,591      
Issuance of shares of common stock as board compensation 87 $ 87      
Cash dividend (439)     (439)  
Other comprehensive income (loss) 5,812       5,812
Balance at the end of period (in shares) at Mar. 31, 2020   7,322,532      
Balance at the end of period at Mar. 31, 2020 $ 264,175 $ 68,177 1,333 188,877 5,788
Balance at the beginning of period (in shares) at Dec. 31, 2019 7,306,221 7,306,221      
Balance in the beginning of period at Dec. 31, 2019 $ 251,898 $ 68,082 1,269 182,571 (24)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 20,884        
Other comprehensive income (loss) $ 6,424        
Balance at the end of period (in shares) at Sep. 30, 2020 7,306,221 7,325,333      
Balance at the end of period at Sep. 30, 2020 $ 278,078 $ 68,055 1,487 202,136 6,400
Balance at the beginning of period (in shares) at Mar. 31, 2020   7,322,532      
Balance in the beginning of period at Mar. 31, 2020 264,175 $ 68,177 1,333 188,877 5,788
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 6,854     6,854  
Stock incentive plan 96   96    
Cash dividend (440)     (440)  
Other comprehensive income (loss) 432       432
Balance at the end of period (in shares) at Jun. 30, 2020   7,322,532      
Balance at the end of period at Jun. 30, 2020 271,117 $ 68,177 1,429 195,291 6,220
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 7,285     7,285  
Stock incentive plan 58   58    
Cash dividend (440)     (440)  
Issuance of restricted shares of common stock through stock incentive plan, net (in shares)   5,625      
Issuance of restricted shares of common stock through stock incentive plan, net $ 0        
Purchase of common stock under stock buyback program (in shares) (2,824) (2,824)      
Purchase of common stock under stock repurchase program $ (122) $ (122)      
Other comprehensive income (loss) $ 180       180
Balance at the end of period (in shares) at Sep. 30, 2020 7,306,221 7,325,333      
Balance at the end of period at Sep. 30, 2020 $ 278,078 $ 68,055 $ 1,487 $ 202,136 $ 6,400