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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Surplus
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Cumulative Effect, Period of Adoption, Adjustment
Total
Balance at Dec. 31, 2022 $ 12,502,000 $ 42,439,000   $ 100,712,000 $ (29,558,000) $ (5,709,000)   $ 120,386,000
Balance (in shares) at Dec. 31, 2022 6,250,763              
Net (loss) income       1,357,000       1,357,000
Other comprehensive income, net of taxes         3,778,000     3,778,000
Issuance of common stock under dividend reinvestment plan $ 41,000 381,000           422,000
Issuance of common stock under dividend reinvestment plan (in shares) 20,787              
Dividends       (1,685,000)       (1,685,000)
Balance at Mar. 31, 2023 $ 12,543,000 42,820,000 $ 768,000 101,152,000 (25,780,000) (5,709,000) $ 768,000 125,026,000
Balance (in shares) at Mar. 31, 2023 6,271,550              
Balance at Dec. 31, 2022 $ 12,502,000 42,439,000   100,712,000 (29,558,000) (5,709,000)   120,386,000
Balance (in shares) at Dec. 31, 2022 6,250,763              
Net (loss) income               2,496,000
Other comprehensive income, net of taxes               42,000
Balance at Jun. 30, 2023 $ 12,593,000 43,217,000   100,600,000 (29,516,000) (5,709,000)   121,185,000
Balance (in shares) at Jun. 30, 2023 6,296,383              
Balance at Mar. 31, 2023 $ 12,543,000 42,820,000 $ 768,000 101,152,000 (25,780,000) (5,709,000) $ 768,000 125,026,000
Balance (in shares) at Mar. 31, 2023 6,271,550              
Net (loss) income       1,139,000       1,139,000
Other comprehensive income, net of taxes         (3,736,000)     (3,736,000)
Issuance of common stock under dividend reinvestment plan $ 50,000 397,000           447,000
Issuance of common stock under dividend reinvestment plan (in shares) 24,833              
Dividends       (1,691,000)       (1,691,000)
Balance at Jun. 30, 2023 $ 12,593,000 43,217,000   100,600,000 (29,516,000) (5,709,000)   121,185,000
Balance (in shares) at Jun. 30, 2023 6,296,383              
Balance at Dec. 31, 2023 $ 12,705,000 44,004,000   100,260,000 (29,645,000) (5,709,000)   121,615,000
Balance (in shares) at Dec. 31, 2023 6,352,665              
Net (loss) income       (18,377,000)       (18,377,000)
Other comprehensive income, net of taxes         1,726,000     1,726,000
Issuance of common stock under dividend reinvestment plan $ 65,000 396,000           461,000
Issuance of common stock under dividend reinvestment plan (in shares) 32,229              
Dividends       (1,714,000)       (1,714,000)
Balance at Mar. 31, 2024 $ 12,770,000 44,400,000   80,169,000 (27,919,000) (5,709,000)   103,711,000
Balance (in shares) at Mar. 31, 2024 6,384,894              
Balance at Dec. 31, 2023 $ 12,705,000 44,004,000   100,260,000 (29,645,000) (5,709,000)   121,615,000
Balance (in shares) at Dec. 31, 2023 6,352,665              
Net (loss) income               (16,997,000)
Other comprehensive income, net of taxes               (952,000)
Balance at Jun. 30, 2024 $ 12,834,000 44,740,000   79,826,000 (30,597,000) (5,709,000)   101,094,000
Balance (in shares) at Jun. 30, 2024 6,417,006              
Balance at Mar. 31, 2024 $ 12,770,000 44,400,000   80,169,000 (27,919,000) (5,709,000)   103,711,000
Balance (in shares) at Mar. 31, 2024 6,384,894              
Net (loss) income       1,380,000       1,380,000
Other comprehensive income, net of taxes         (2,678,000)     (2,678,000)
Issuance of common stock under dividend reinvestment plan $ 64,000 340,000           404,000
Issuance of common stock under dividend reinvestment plan (in shares) 32,112              
Dividends       (1,723,000)       (1,723,000)
Balance at Jun. 30, 2024 $ 12,834,000 $ 44,740,000   $ 79,826,000 $ (30,597,000) $ (5,709,000)   $ 101,094,000
Balance (in shares) at Jun. 30, 2024 6,417,006