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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)
Beginning balance (in shares) at Dec. 31, 2018   4,466,679        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 7,889     7,889    
Other comprehensive income (loss) 2,186         2,186
Dividend reinvestment plan 27   21   6  
Dividend reinvestment plan (in shares)   664        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended September 30, 2020 and 2019, respectively, and $0.96 and $0.93 per share for the nine months ended September 30, 2020 and 2019, respectively) (4,155)     (4,155)    
Stock based compensation expense 144   144      
Exercise of stock options 44 $ 4 40      
Exercise of stock options (in shares)   2,000        
Purchase of treasury stock (13)       (13)  
Purchase of treasury stock (in shares)   (300)        
Balances at Sep. 30, 2019 70,613 $ 9,892 1,099 62,645 (4,186) 1,163
Ending balance (in shares) at Sep. 30, 2019   4,469,043        
Balances at Jun. 30, 2019 68,736 $ 9,890 1,020 61,292 (4,188) 722
Beginning balance (in shares) at Jun. 30, 2019   4,467,845        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 2,738     2,738    
Other comprehensive income (loss) 441         441
Dividend reinvestment plan 7   5   2  
Dividend reinvestment plan (in shares)   198        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended September 30, 2020 and 2019, respectively, and $0.96 and $0.93 per share for the nine months ended September 30, 2020 and 2019, respectively) (1,385)     (1,385)    
Stock based compensation expense 54   54      
Exercise of stock options 22 $ 2 20      
Exercise of stock options (in shares)   1,000        
Balances at Sep. 30, 2019 70,613 $ 9,892 1,099 62,645 (4,186) 1,163
Ending balance (in shares) at Sep. 30, 2019   4,469,043        
Balances at Dec. 31, 2019 71,843 $ 9,897 1,124 64,019 (4,183) 986
Beginning balance (in shares) at Dec. 31, 2019   4,471,977        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 9,011     9,011    
Other comprehensive income (loss) 1,607         1,607
Dividend reinvestment plan 27   17   10  
Dividend reinvestment plan (in shares)   1,144        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended September 30, 2020 and 2019, respectively, and $0.96 and $0.93 per share for the nine months ended September 30, 2020 and 2019, respectively) (4,295)     (4,295)    
Stock based compensation expense 209 $ 2 207      
Stock based compensation expense (in shares)   1,185        
Exercise of stock options 22 $ 2 20      
Exercise of stock options (in shares)   1,000        
Balances at Sep. 30, 2020 78,424 $ 9,901 1,368 68,735 (4,173) 2,593
Ending balance (in shares) at Sep. 30, 2020   4,475,306        
Balances at Jun. 30, 2020 75,767 $ 9,901 1,306 66,020 (4,177) 2,717
Beginning balance (in shares) at Jun. 30, 2020   4,474,899        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,147     4,147    
Other comprehensive income (loss) (124)         (124)
Dividend reinvestment plan 8   4   4  
Dividend reinvestment plan (in shares)   407        
Cash dividends declared ($0.32 and $0.31 per share for the three months ended September 30, 2020 and 2019, respectively, and $0.96 and $0.93 per share for the nine months ended September 30, 2020 and 2019, respectively) (1,432)     (1,432)    
Stock based compensation expense 58 $ 0 58      
Stock based compensation expense (in shares)   0        
Balances at Sep. 30, 2020 $ 78,424 $ 9,901 $ 1,368 $ 68,735 $ (4,173) $ 2,593
Ending balance (in shares) at Sep. 30, 2020   4,475,306