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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     2,985   2,985
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       (79) (79)
Total comprehensive income     2,985 (79) 2,906
Stock compensation   288     288
Restricted stock award vesting (in shares) 16,194        
Repurchase of common stock   (506)     (506)
Repurchase of common stock (in shares) (43,700)        
Dividend on common stock     (938)   (938)
Balance, end of period at Jun. 30, 2015   61,461 13,851 434 75,746
Balance (in shares) at Jun. 30, 2015 6,239,250        
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     1,007   1,007
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       568 568
Total comprehensive income     1,007 568 1,575
Stock compensation   300     300
Restricted stock award vesting (in shares) 22,626        
Repurchase of common stock   (150)     (150)
Repurchase of common stock (in shares) (14,000)        
Dividend on common stock     (1,246)   (1,246)
Balance, end of period at Jun. 30, 2016   $ 61,283 $ 14,982 $ 816 $ 77,081
Balance (in shares) at Jun. 30, 2016 6,226,246