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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss, Net
Cumulative Effect, Period of Adoption, Adjustment
Total
Balance at beginning of period at Dec. 31, 2022 $ 267 $ (83,280) $ 146,225 $ 65,486 $ (22,520)    
New common shares issued for exercise of stock options (29,653 shares for the six months ended June 30, 2023) 1   94        
Stock option expense     24        
Net Income (Loss)       1,328     $ 1,328
Cash dividend declared on common stock ($0.03 per share for the three months ended June 30, 2024 and 2023 and $0.06 per share for the six months ended June 30, 2024 and 2023)       (1,029)      
Other comprehensive income (loss)         (1,850)   (1,850)
Balance at end of period at Jun. 30, 2023 268 (83,280) 146,343 64,604 (24,370) $ (1,181) 103,565
Balance at beginning of period at Mar. 31, 2023 268 (83,280) 146,331 65,306 (22,726)    
Stock option expense     12        
Net Income (Loss)       (187)     (187)
Cash dividend declared on common stock ($0.03 per share for the three months ended June 30, 2024 and 2023 and $0.06 per share for the six months ended June 30, 2024 and 2023)       (515)      
Other comprehensive income (loss)         (1,644)   (1,644)
Balance at end of period at Jun. 30, 2023 268 (83,280) 146,343 64,604 (24,370) $ (1,181) 103,565
Balance at beginning of period at Dec. 31, 2023 268 (83,280) 146,364 58,901 (19,976)   102,277
Treasury stock purchased (628,003 shares for the three and six months ended June 30, 2024)   (1,511)          
Stock option expense     8        
Net Income (Loss)       1,529     1,529
Cash dividend declared on common stock ($0.03 per share for the three months ended June 30, 2024 and 2023 and $0.06 per share for the six months ended June 30, 2024 and 2023)       (1,029)      
Other comprehensive income (loss)         2,387   2,387
Balance at end of period at Jun. 30, 2024 268 (84,791) 146,372 59,401 (17,589)   103,661
Balance at beginning of period at Mar. 31, 2024 268   146,372 60,291 (19,718)    
Treasury stock purchased (628,003 shares for the three and six months ended June 30, 2024)   (1,511)          
Net Income (Loss)       (375)     (375)
Cash dividend declared on common stock ($0.03 per share for the three months ended June 30, 2024 and 2023 and $0.06 per share for the six months ended June 30, 2024 and 2023)       (515)      
Other comprehensive income (loss)         2,129   2,129
Balance at end of period at Jun. 30, 2024 $ 268 $ (84,791) $ 146,372 $ 59,401 $ (17,589)   $ 103,661