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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Shares of Common Stock
Common Stock and Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Total
Balance, beginning of period at Dec. 31, 2013   $ 53,621 $ 11,412 $ 216 $ 65,249
Balance (in shares) at Dec. 31, 2013 5,541,390        
Increase (Decrease) in Shareholders' Equity          
Net income for period     2,352   2,352
Other comprehensive income          
Net unrealized gain (loss) on securities available for sale       193 193
Total comprehensive income     2,352 193 2,545
Stock compensation   321     321
Restricted stock award vesting (in shares) 37,125        
Repurchase of common stock   (143)     (143)
Repurchase of common stock (in shares) (13,700)        
Dividend on common stock     (840)   (840)
Balance, end of period at Sep. 30, 2014   53,799 12,924 409 67,132
Balance (in shares) at Sep. 30, 2014 5,564,815        
Balance, beginning of period at Dec. 31, 2013   53,621 11,412 216 65,249
Balance (in shares) at Dec. 31, 2013 5,541,390        
Other comprehensive income          
Repurchase of common stock (in shares) (13,700)        
Balance, end of period at Dec. 31, 2014   61,679 11,804 513 73,996
Balance (in shares) at Dec. 31, 2014 6,266,756        
Balance, beginning of period at Jun. 30, 2014   53,703 12,325 449 66,477
Balance (in shares) at Jun. 30, 2014 5,527,690        
Increase (Decrease) in Shareholders' Equity          
Net income for period     886   886
Other comprehensive income          
Net unrealized gain (loss) on securities available for sale       (40) (40)
Total comprehensive income     886 (40) 846
Stock compensation   96     96
Restricted stock award vesting (in shares) 37,125        
Dividend on common stock     (287)   (287)
Balance, end of period at Sep. 30, 2014   53,799 12,924 409 67,132
Balance (in shares) at Sep. 30, 2014 5,564,815        
Balance, beginning of period at Dec. 31, 2014   61,679 11,804 513 73,996
Balance (in shares) at Dec. 31, 2014 6,266,756        
Increase (Decrease) in Shareholders' Equity          
Net income for period     4,003   4,003
Other comprehensive income          
Net unrealized gain (loss) on securities available for sale       29 29
Total comprehensive income     4,003 29 4,032
Stock compensation   432     432
Restricted stock award vesting (in shares) 53,319        
Repurchase of common stock   (791)     (791)
Repurchase of common stock (in shares) (70,480)        
Dividend on common stock     (1,578)   (1,578)
Balance, end of period at Sep. 30, 2015   61,320 14,229 542 76,091
Balance (in shares) at Sep. 30, 2015 6,249,595        
Balance, beginning of period at Jun. 30, 2015   61,461 13,851 434 75,746
Balance (in shares) at Jun. 30, 2015 6,239,250        
Increase (Decrease) in Shareholders' Equity          
Net income for period     1,018   1,018
Other comprehensive income          
Net unrealized gain (loss) on securities available for sale       108 108
Total comprehensive income     1,018 108 1,126
Stock compensation   144     144
Restricted stock award vesting (in shares) 37,125        
Repurchase of common stock   (285)     (285)
Repurchase of common stock (in shares) (26,780)        
Dividend on common stock     (640)   (640)
Balance, end of period at Sep. 30, 2015   $ 61,320 $ 14,229 $ 542 $ 76,091
Balance (in shares) at Sep. 30, 2015 6,249,595