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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common stock [Member]
Preferred stock [Member]
Nonvested Restricted Stock [Member]
Additional paid-in capital [Member]
Accumulated other comprehensive income (loss) [Member]
Retained earnings [Member]
Total
Balance at Dec. 31, 2018 $ 75 $ (741) $ 102,625 $ (917) $ 72,874 $ 173,916
Balance, shares at Dec. 31, 2018 7,466,481          
Net income           20,661 20,661
Proceeds from exercise of stock options $ 1     1,315     1,316
Proceeds from exercise of stock options, shares 137,338            
Issuance of restricted stock     (490) 490      
Issuance of restricted stock, shares 14,700            
Compensation expense related to restricted stock, net of tax     312       312
Compensation expense related to stock options, net of tax       948     948
Other comprehensive income         1,341   1,341
Balance at Sep. 30, 2019 $ 76 (919) 105,378 424 93,535 198,494
Balance, shares at Sep. 30, 2019 7,618,519          
Balance at Jun. 30, 2019 $ 76 (887) 104,354 188 86,123 189,854
Balance, shares at Jun. 30, 2019 7,557,923          
Net income           7,412 7,412
Proceeds from exercise of stock options       557     557
Proceeds from exercise of stock options, shares 56,596            
Issuance of restricted stock     (143) 143      
Issuance of restricted stock, shares 4,000            
Compensation expense related to restricted stock, net of tax     111       111
Compensation expense related to stock options, net of tax       324     324
Other comprehensive income         236   236
Balance at Sep. 30, 2019 $ 76 (919) 105,378 424 93,535 198,494
Balance, shares at Sep. 30, 2019 7,618,519          
Balance at Dec. 31, 2019 $ 77 (803) 106,152 (298) 100,732 205,860
Balance, shares at Dec. 31, 2019 7,672,678          
Net income           9,727 9,727
Proceeds from exercise of stock options       963     963
Proceeds from exercise of stock options, shares 52,716            
Issuance of restricted stock     (494) 494      
Issuance of restricted stock, shares 12,200            
Compensation expense related to restricted stock, net of tax     308       308
Compensation expense related to stock options, net of tax       728     728
Other comprehensive income         1,163   1,163
Balance at Sep. 30, 2020 $ 77 (989) 108,337 865 110,459 218,749
Balance, shares at Sep. 30, 2020 7,737,594          
Balance at Jun. 30, 2020 $ 77 (1,001) 108,031 805 108,242 216,154
Balance, shares at Jun. 30, 2020 7,734,644          
Net income           2,217 2,217
Proceeds from exercise of stock options       1     1
Proceeds from exercise of stock options, shares 250            
Issuance of restricted stock     (88) 88      
Issuance of restricted stock, shares 2,700            
Compensation expense related to restricted stock, net of tax     100       100
Compensation expense related to stock options, net of tax       217     217
Other comprehensive income         60   60
Balance at Sep. 30, 2020 $ 77 $ (989) $ 108,337 $ 865 $ 110,459 $ 218,749
Balance, shares at Sep. 30, 2020 7,737,594