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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retained Earnings
Treasury Stock
Accumulated other comprehensive (loss) income
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 7,072     7,072    
Other comprehensive income 4,073         4,073
Dividend reinvestment plan 30   25   5  
Dividend reinvestment plan, shares   583        
Cash dividends declared ($1.24 and $1.20 per share for the year ended December 31, 2019 and 2018, respectively) (5,358)     (5,358)    
Stock based compensation expense 120 $ 6 114      
Stock based compensation expense, shares   2,729        
Exercise of stock options 0          
Purchase of treasury stock (107)       (107)  
Purchase of treasury stock, shares   (2,209)        
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 10,648     10,648    
Other comprehensive income 2,009         2,009
Dividend reinvestment plan 39   30   9  
Dividend reinvestment plan, shares   1,042        
Cash dividends declared ($1.24 and $1.20 per share for the year ended December 31, 2019 and 2018, respectively) (5,540)     (5,540)    
Stock based compensation expense 165 $ 5 160      
Stock based compensation expense, shares   2,556        
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 Dec. 31, 2019 $ 71,843 $ 9,897 $ 1,124 $ 64,019 $ (4,183) $ 986
Common Stock, Shares, net of treasury at Dec. 31, 2019   4,471,977