XML 21 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2014 $ 19,931   $ 23,891 $ 59,867 $ (87) $ 103,602
Balance (in shares) at Dec. 31, 2014   13,294,000        
Net income     8,586 8,586
Other comprehensive loss, net of tax     (167) (167)
Comprehensive income     8,419
Dividend on preferred stock     (189) (189)
Dividend on common stock       (1,600)   (1,600)
Common stock issued under employee plans (in shares)   9,000        
Common stock issued under employee plans     36 36
Stock options exercised (in shares)   39,000        
Proceeds from stock options exercised     156 156
Compensation expense associated with stock options     42 42
Compensation expense associated with restricted stock     89 89
Preferred stock redemption (20,000)   (33) (20,033)
Preferred stock accretion 69   (69)
Stock compensation grants          
Balance (in shares) at Dec. 31, 2015   13,342,000        
Balance at Dec. 31, 2015 [1]     24,214 66,562 (254) 90,522
Net income     5,259 5,259
Other comprehensive loss, net of tax     (405) (405)
Comprehensive income     4,854
Dividend on common stock       (1,603)   (1,603)
Common stock issued under employee plans (in shares)   29,000        
Common stock issued under employee plans     84 $ 84
Stock options exercised (in shares)   2,000       1,900
Proceeds from stock options exercised     10 $ 10
Compensation expense associated with stock options     24 24
Compensation expense associated with restricted stock     215 215
Preferred stock accretion          
Stock compensation grants          
Balance (in shares) at Dec. 31, 2016   13,373,000        
Balance at Dec. 31, 2016 [1]     24,547 70,218 (659) 94,106
Net income     7,344 7,344
Other comprehensive loss, net of tax     393 393
Comprehensive income     7,737
Dividend on common stock       (1,862)   (1,862)
Common stock issued under employee plans (in shares)   30,000        
Common stock issued under employee plans    
Stock options exercised (in shares)   52,000       51,900
Proceeds from stock options exercised     245 $ 245
Compensation expense associated with stock options     23 23
Compensation expense associated with restricted stock     $ 196 $ 196
Preferred stock accretion          
Stock issued pursuant to public offering, net of underwriting discounts and expenses of $1.7 million   $ 2,738        
Stock issued pursuant to public offering, net of underwriting discounts and expenses of $1.7 million (in shares)     26,778,000 26,778,000
Stock compensation grants (in shares)   4,000        
Stock compensation grants     $ 41 $ 41
Balance (in shares) at Dec. 31, 2017   16,197,000        
Balance at Dec. 31, 2017 [1]     $ 51,830 $ 75,700 $ (266) $ 127,264
[1] Excludes 43 unvested restricted shares