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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, 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 2,621     2,621    
Other comprehensive income 940         940
Dividend reinvestment plan 12   10   2  
Dividend reinvestment plan, shares   246        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended March 31, 2020 and 2019, respectively) (1,385)     (1,385)    
Stock based compensation expense 43   43      
Exercise of stock options 22 $ 2 20      
Exercise of stock options, shares   1,000        
Purchase of treasury stock (13)       (13)  
Purchase of treasury stock, shares   (300)        
Balances at Mar. 31, 2019 66,731 $ 9,890 967 60,147 (4,190) (83)
Common Stock, Shares, net of treasury at Mar. 31, 2019   4,467,625        
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        
Net income 2,196     2,196    
Other comprehensive income 1,075         1,075
Dividend reinvestment plan 8   6   2  
Dividend reinvestment plan, shares   223        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended March 31, 2020 and 2019, respectively) (1,432)     (1,432)    
Stock based compensation expense 76   76      
Exercise of stock options 22 $ 2 20      
Exercise of stock options, shares   1,000        
Balances at Mar. 31, 2020 $ 73,788 $ 9,899 $ 1,226 $ 64,783 $ (4,181) $ 2,061
Common Stock, Shares, net of treasury at Mar. 31, 2020   4,473,200