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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2013 $ 58,031 $ 6,725 $ 27,915 $ 24,822 $ (1,431)
Stock options exercised or expired $ 180 24 156
Vested stock grants 1 (1)
Stock purchased under stock repurchase plan $ (262) $ (29) (233)
Stock option/grant expense 52 $ 52
Cash dividend ($0.275 and $0.375 per share for 2014 and 2015 respectively) (742) $ (742)
Net income 1,898 $ 1,898
Other comprehensive income (loss) 1,475 $ 1,475
Balance at Dec. 31, 2014 60,632 $ 6,721 $ 27,889 $ 25,978 $ 44
Stock options exercised or expired 22 $ 3 19
Deferred tax adjustment for stock options expired (75) (75)
Stock purchased under stock repurchase plan (6,342) $ (693) (5,649)
Stock option/grant expense 30 $ 30
Cash dividend ($0.275 and $0.375 per share for 2014 and 2015 respectively) (929) $ (929)
Net income 3,121 $ 3,121
Other comprehensive income (loss) (162) $ (162)
Balance at Dec. 31, 2015 $ 56,297 $ 6,031 $ 22,214 $ 28,170 $ (118)