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Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive income (loss)
Balances at Dec. 31, 2017 $ 58,661 $ 9,882 $ 755 $ 57,197 $ (4,077) $ (5,096)
Common Stock, Shares, net of treasury at Dec. 31, 2017   4,465,576        
Net income 7,508     7,508    
Other comprehensive income (loss) (1,516)         (1,516)
Dividend reinvestment plan 23   19   4  
Dividend reinvestment plan, shares   430        
Cash dividends declared ($0.31 and $0.30 per share for the three months ended September 30, 2019 and 2018, respectively, and $0.93 and $0.90 per share for the nine months ended September 30, 2019 and 2018, respectively) (4,019)     (4,019)    
Stock based compensation expense 123   123      
Purchase of treasury stock (3)       (3)  
Purchase of treasury stock, shares   (60)        
Balances at Sep. 30, 2018 60,777 $ 9,882 897 60,686 (4,076) (6,612)
Common Stock, Shares, net of treasury at Sep. 30, 2018   4,465,946        
Balances at Jun. 30, 2018 60,109 $ 9,882 850 59,715 (4,078) (6,260)
Common Stock, Shares, net of treasury at Jun. 30, 2018   4,465,803        
Net income 2,311     2,311    
Other comprehensive income (loss) (352)         (352)
Dividend reinvestment plan 8   6   2  
Dividend reinvestment plan, shares   143        
Cash dividends declared ($0.31 and $0.30 per share for the three months ended September 30, 2019 and 2018, respectively, and $0.93 and $0.90 per share for the nine months ended September 30, 2019 and 2018, respectively) (1,340)     (1,340)    
Stock based compensation expense 41   41      
Balances at Sep. 30, 2018 60,777 $ 9,882 897 60,686 (4,076) (6,612)
Common Stock, Shares, net of treasury at Sep. 30, 2018   4,465,946        
Balances at Dec. 31, 2018 64,491 $ 9,888 894 58,911 (4,179) (1,023)
Common Stock, Shares, net of treasury at Dec. 31, 2018   4,466,679        
Net income 7,889     7,889    
Other comprehensive income (loss) 2,186         2,186
Dividend reinvestment plan 27   21   6  
Dividend reinvestment plan, shares   664        
Cash dividends declared ($0.31 and $0.30 per share for the three months ended September 30, 2019 and 2018, respectively, and $0.93 and $0.90 per share for the nine months ended September 30, 2019 and 2018, respectively) (4,155)     (4,155)    
Stock based compensation expense 144   144      
Exercise of stock options 44 $ 4 40      
Exercise of stock options, shares   2,000        
Purchase of treasury stock (13)       (13)  
Purchase of treasury stock, shares   (300)        
Balances at Sep. 30, 2019 70,613 $ 9,892 1,099 62,645 (4,186) 1,163
Common Stock, Shares, net of treasury at Sep. 30, 2019   4,469,043        
Balances at Jun. 30, 2019 68,736 $ 9,890 1,020 61,292 (4,188) 722
Common Stock, Shares, net of treasury at Jun. 30, 2019   4,467,845        
Net income 2,738     2,738    
Other comprehensive income (loss) 441         441
Dividend reinvestment plan 7   5   2  
Dividend reinvestment plan, shares   198        
Cash dividends declared ($0.31 and $0.30 per share for the three months ended September 30, 2019 and 2018, respectively, and $0.93 and $0.90 per share for the nine months ended September 30, 2019 and 2018, respectively) (1,385)     (1,385)    
Stock based compensation expense 54   54      
Exercise of stock options 22 $ 2 20      
Exercise of stock options, shares   1,000        
Balances at Sep. 30, 2019 $ 70,613 $ 9,892 $ 1,099 $ 62,645 $ (4,186) $ 1,163
Common Stock, Shares, net of treasury at Sep. 30, 2019   4,469,043