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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 Deficit)
Accumulated Other Comprehensive Income
Total
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 the period     1,371   1,371
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       261 261
Total comprehensive income     1,371 261 1,632
Stock compensation   144     144
Restricted stock award vesting (in shares) 13,194        
Repurchase of common stock   (265)     (265)
Repurchase of common stock (in shares) (22,500)        
Dividend on common stock     (469)   (469)
Balance, end of period at Mar. 31, 2015   61,558 12,706 774 75,038
Balance (in shares) at Mar. 31, 2015 6,257,450        
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        
Other comprehensive income (loss):          
Repurchase of common stock (in shares) (102,455)        
Balance, end of period at Dec. 31, 2015   61,133 15,221 248 76,602
Balance (in shares) at Dec. 31, 2015 6,217,620        
Increase (Decrease) in Shareholders' Equity          
Net income for the period     1,132   1,132
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       217 217
Total comprehensive income     1,132 217 1,349
Stock compensation   150     150
Restricted stock award vesting (in shares) 22,626        
Repurchase of common stock   (99)     (99)
Repurchase of common stock (in shares) (9,000)        
Dividend on common stock     (607)   (607)
Balance, end of period at Mar. 31, 2016   $ 61,184 $ 15,746 $ 465 $ 77,395
Balance (in shares) at Mar. 31, 2016 6,231,246