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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Surplus
Retained Earnings
Impact of adopting ASC 326
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Impact of adopting ASC 326
Total
Beginning balance at Dec. 31, 2022 $ 5,151 $ 24,986   $ 49,961 $ (41,867) $ (2,538)   $ 35,693
Beginning balance, shares at Dec. 31, 2022 5,003,059              
Net income       6,596       6,596
Other comprehensive income         3,227     3,227
Cash dividends       (4,406)       (4,406)
Stock-based compensation   143           143
Purchase of treasury stock           (324)   $ (324)
Purchase of treasury stock, shares (27,569)             (27,569)
Treasury stock issued for stock plans   (205)       267   $ 62
Treasury stock issued for stock plans, shares 15,639              
Ending balance at Dec. 31, 2023 $ 5,151 24,924 $ (854) 51,297 (38,640) (2,595) $ (854) $ 40,137
Ending balance, shares at Dec. 31, 2023 4,991,129             4,991,129
Net income       6,229       $ 6,229
Other comprehensive income         5,320     5,320
Cash dividends       (4,400)       (4,400)
Stock-based compensation   142           142
Purchase of treasury stock           (3)   $ (3)
Purchase of treasury stock, shares (239)             (239)
Treasury stock issued for stock plans   (170)       202   $ 32
Treasury stock issued for stock plans, shares 12,494              
Ending balance at Dec. 31, 2024 $ 5,151 $ 24,896   $ 53,126 $ (33,320) $ (2,396)   $ 47,457
Ending balance, shares at Dec. 31, 2024 5,003,384             5,003,384