XML 19 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
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 (Loss)
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     1,700   1,700
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       346 346
Actuarial loss on defined benefit pension obligation       (49) (49)
Total comprehensive income       297 1,997
Stock compensation   429     429
Acquisition - Peninsula Financial Corp   7,804     7,804
Acquisition - Peninsula Financial Corp (in shares) 695,361        
Stock option exercise   (32)     (32)
Stock option exercise (in shares) 6,580        
Restricted stock award vesting (in shares) (37,125)        
Issuance of common stock   (7,772)     (7,772)
Issuance of common stock (in shares) 739,066        
Repurchase of common stock   (143)     (143)
Repurchase of common stock (in shares) (13,700)        
Dividend on common stock     (1,308)   (1,308)
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        
Increase (Decrease) in Shareholders' Equity          
Net income     5,596   5,596
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       (265) (265)
Total comprehensive income       (265) 5,331
Stock compensation   576     576
Restricted stock award vesting (in shares) 53,319        
Repurchase of common stock   (1,122)     (1,122)
Repurchase of common stock (in shares) (102,455)        
Dividend on common stock     (2,179)   (2,179)
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     4,483   4,483
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       (399) (399)
Actuarial loss on defined benefit pension obligation       (29) (29)
Total comprehensive income       (428) 4,055
Stock compensation   600     600
Restricted stock award vesting (in shares) 59,751        
Repurchase of common stock   (150)     (150)
Repurchase of common stock (in shares) (14,000)        
Dividend on common stock     (2,498)   (2,498)
Balance, end of period at Dec. 31, 2016   $ 61,583 $ 17,206 $ (180) $ 78,609
Balance (in shares) at Dec. 31, 2016 6,263,371