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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Retained Earnings (Accumulated Deficit)
Accumulated other comprehensive loss
Common Stock Held By Deferred Compensation Trus
Deferred Compensation
Balance, shares at Dec. 31, 2022   5,636,830        
Balance, amount at Dec. 31, 2022 $ 105,195,000 $ 52,636,000 $ 100,156,000 $ (47,597,000) $ (2,181,000) $ 2,181,000
Adoption of new accounting standard, net of tax (838,000)   (838,000)      
Cash dividends declared on common stock 1,925,000   1,925,000      
Restricted stock units issued shares   191        
Restricted stock units issued amount 6,000 $ 6,000        
Equity incentive plan, net         344,000 (344,000)
Net Income (Loss) 3,171,000   3,171,000      
Change in accumulated other comprehensive income, net of tax 9,173,000     9,173,000    
Balance, shares at Mar. 31, 2023   5,637,021        
Balance, amount at Mar. 31, 2023 114,782,000 $ 52,642,000 100,564,000 (38,424,000) (1,837,000) 1,837,000
Balance, shares at Dec. 31, 2022   5,636,830        
Balance, amount at Dec. 31, 2022 105,195,000 $ 52,636,000 100,156,000 (47,597,000) (2,181,000) 2,181,000
Net Income (Loss) 12,106,000          
Balance, shares at Sep. 30, 2023   5,549,799        
Balance, amount at Sep. 30, 2023 107,352,000 $ 50,969,000 107,372,000 (50,989,000) (2,011,000) 2,011,000
Balance, shares at Mar. 31, 2023   5,637,021        
Balance, amount at Mar. 31, 2023 114,782,000 $ 52,642,000 100,564,000 (38,424,000) (1,837,000) 1,837,000
Cash dividends declared on common stock 1,069         1,069
Equity incentive plan, net         (130,000) 130,000
Net Income (Loss) 4,808,000   4,808,000      
Change in accumulated other comprehensive income, net of tax (5,319,000)     (5,319,000)    
Common stock repurchase, shares   (46,222,000)        
Common stock repurchase, amount (833,000) $ (833,000)        
Balance, shares at Jun. 30, 2023   5,590,799        
Balance, amount at Jun. 30, 2023 112,369,000 $ 51,809,000 104,303,000 (43,743,000) (1,967,000) 1,967,000
Cash dividends declared on common stock 1,058,000   1,058,000      
Equity incentive plan, net         (44,000) 44,000
Net Income (Loss) 4,127,000   4,127,000      
Change in accumulated other comprehensive income, net of tax (7,246,000)     (7,246,000)    
Common stock repurchase, shares   (41,000)        
Common stock repurchase, amount (840,000) $ (840,000)        
Balance, shares at Sep. 30, 2023   5,549,799        
Balance, amount at Sep. 30, 2023 107,352,000 $ 50,969,000 107,372,000 (50,989,000) (2,011,000) 2,011,000
Balance, shares at Dec. 31, 2023   5,534,499        
Balance, amount at Dec. 31, 2023 121,016,000 $ 50,625,000 109,756,000 (39,365,000) (1,910,000) 1,910,000
Cash dividends declared on common stock 1,929,000   1,929,000      
Equity incentive plan, net         (33,000) 33,000
Net Income (Loss) 3,948,000   3,948,000      
Change in accumulated other comprehensive income, net of tax 55,000     55,000    
Common stock repurchase, shares   (78,500)        
Common stock repurchase, amount (1,998,000) $ (1,998,000)        
Balance, shares at Mar. 31, 2024   5,455,999        
Balance, amount at Mar. 31, 2024 121,092,000 $ 48,627,000 111,775,000 (39,310,000) (1,943,000) 1,943,000
Balance, shares at Dec. 31, 2023   5,534,499        
Balance, amount at Dec. 31, 2023 121,016,000 $ 50,625,000 109,756,000 (39,365,000) (1,910,000) 1,910,000
Net Income (Loss) 12,794,000          
Balance, shares at Sep. 30, 2024   5,457,646        
Balance, amount at Sep. 30, 2024 136,282,000 $ 48,678,000 118,542,000 (30,938,000) (1,772,000) 1,772,000
Balance, shares at Mar. 31, 2024   5,455,999        
Balance, amount at Mar. 31, 2024 121,092,000 $ 48,627,000 111,775,000 (39,310,000) (1,943,000) 1,943,000
Cash dividends declared on common stock 1,040,000   1,040,000      
Restricted stock units issued shares   1,647        
Restricted stock units issued amount 51,000 $ 51,000        
Equity incentive plan, net         (37,000) 37,000
Net Income (Loss) 4,888,000   4,888,000      
Change in accumulated other comprehensive income, net of tax (679,000)     (679,000)    
Balance, shares at Jun. 30, 2024   5,457,646        
Balance, amount at Jun. 30, 2024 124,312,000 $ 48,678,000 115,623,000 (39,989,000) (1,980,000) 1,980,000
Cash dividends declared on common stock 1,039         1,039,000
Equity incentive plan, net         208,000 (208,000)
Net Income (Loss) 3,958,000   3,958,000      
Change in accumulated other comprehensive income, net of tax 9,051,000     9,051,000    
Balance, shares at Sep. 30, 2024   5,457,646        
Balance, amount at Sep. 30, 2024 $ 136,282,000 $ 48,678,000 $ 118,542,000 $ (30,938,000) $ (1,772,000) $ 1,772,000