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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Adoption of ASC 326
Retained Earnings
Stock in Directors Rabbi Trust
Directors Deferred Fees Obligation.
Accumulated Other Comprehensive Income (Loss)
Adoption of ASC 326
Total
Balance at Dec. 31, 2021 $ 5,822 $ 54,814   $ 3,509 $ (730) $ 730 $ (744)   $ 63,401
Vesting of restricted stock 14 (14)     41 (41)      
Exercise of stock options 1 (1)              
Stock based compensation   210             210
Cash dividend declared       (413)         (413)
Net income       3,990         3,990
Other comprehensive income/loss             (7,135)   (7,135)
Balance at Jun. 30, 2022 5,837 55,009   7,086 (689) 689 (7,879)   60,053
Balance at Mar. 31, 2022 5,835 54,891   5,103 (689) 689 (4,349)   61,480
Vesting of restricted stock 2 (2)              
Stock based compensation   120             120
Cash dividend declared       (207)         (207)
Net income       2,190         2,190
Other comprehensive income/loss             (3,530)   (3,530)
Balance at Jun. 30, 2022 5,837 55,009   7,086 (689) 689 (7,879)   60,053
Balance at Dec. 31, 2022 5,868 55,167 $ (119) 10,957 (689) 689 (10,881) $ (119) 61,111
Restricted stock redemption         222 (222)      
Vesting of restricted stock 15 (15)              
Stock based compensation   268             268
Cash dividend declared       (475)         (475)
Net income       2,779         2,779
Other comprehensive income/loss             450   450
Balance at Jun. 30, 2023 5,883 55,420   13,142 (467) 467 (10,431)   64,014
Balance at Mar. 31, 2023 5,881 55,256   12,141 (595) 595 (9,397)   63,881
Restricted stock redemption         128 (128)      
Vesting of restricted stock 2 (2)              
Stock based compensation   166             166
Cash dividend declared       (238)         (238)
Net income       1,239         1,239
Other comprehensive income/loss             (1,034)   (1,034)
Balance at Jun. 30, 2023 $ 5,883 $ 55,420   $ 13,142 $ (467) $ 467 $ (10,431)   $ 64,014