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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, 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 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        
Balance, beginning of period at Dec. 31, 2015   61,133 15,221 248 76,602
Balance (in shares) at Dec. 31, 2015 6,217,620        
Other comprehensive income (loss):          
Repurchase of common stock (in shares) (14,000)        
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        
Increase (Decrease) in Shareholders' Equity          
Net income for period     1,726   1,726
Other comprehensive income (loss):          
Net unrealized gain on securities available for sale       330 330
Total comprehensive income     1,726 330 2,056
Stock compensation   100     100
Restricted stock award vesting (in shares) 31,559        
Dividend on common stock     (756)   (756)
Balance, end of period at Mar. 31, 2017   $ 61,683 $ 18,176 $ 150 $ 80,009
Balance (in shares) at Mar. 31, 2017 6,294,930