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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 5,151     5,151    
Other comprehensive income 1,745         1,745
Dividend reinvestment plan 20   16   4  
Dividend reinvestment plan, shares   466        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended June 30, 2020 and 2019, respectively, and $0.64 and $0.62 per share for the six months ended June 30, 2020 and 2019, respectively) (2,770)     (2,770)    
Stock based compensation expense 90   90      
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 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        
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        
Net income 2,530     2,530    
Other comprehensive income 805         805
Dividend reinvestment plan 8   6   2  
Dividend reinvestment plan, shares   220        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended June 30, 2020 and 2019, respectively, and $0.64 and $0.62 per share for the six months ended June 30, 2020 and 2019, respectively) (1,385)     (1,385)    
Stock based compensation expense 47   47      
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        
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 4,864     4,864    
Other comprehensive income 1,731         1,731
Dividend reinvestment plan 19   13   6  
Dividend reinvestment plan, shares   737        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended June 30, 2020 and 2019, respectively, and $0.64 and $0.62 per share for the six months ended June 30, 2020 and 2019, respectively) (2,863)     (2,863)    
Stock based compensation expense 151 $ 2 149      
Stock based compensation expense, shares   1,185        
Exercise of stock options 22 $ 2 20      
Exercise of stock options, shares   1,000        
Balances at Jun. 30, 2020 75,767 $ 9,901 1,306 66,020 (4,177) 2,717
Common Stock, Shares, net of treasury at Jun. 30, 2020   4,474,899        
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        
Net income 2,668     2,668    
Other comprehensive income 656         656
Dividend reinvestment plan 11   7   4  
Dividend reinvestment plan, shares   514        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended June 30, 2020 and 2019, respectively, and $0.64 and $0.62 per share for the six months ended June 30, 2020 and 2019, respectively) (1,431)     (1,431)    
Stock based compensation expense 75 $ 2 73      
Stock based compensation expense, shares   1,185        
Balances at Jun. 30, 2020 $ 75,767 $ 9,901 $ 1,306 $ 66,020 $ (4,177) $ 2,717
Common Stock, Shares, net of treasury at Jun. 30, 2020   4,474,899