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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2020 $ 10,926 $ 154,850 $ 169,681 $ 2,437 $ 337,894
Net income 0 0 32,233 0 32,233
Other comprehensive income (loss) 0 0 0 (3,941) (3,941)
Stock repurchased (100,764 shares) (248) (7,895) 0 0 (8,143)
Vesting of restricted stock 16 (16) 0 0 0
Equity based compensation 16 1,049 0 0 1,065
Cash dividends paid 0 0 (8,807) 0 (8,807)
Stock options exercised 5 81 0 0 86
Balance at Sep. 30, 2021 10,715 148,069 193,107 (1,504) 350,387
Balance at Jun. 30, 2021 10,811 150,947 185,843 32 347,633
Net income 0 0 10,178 0 10,178
Other comprehensive income (loss) 0 0 0 (1,536) (1,536)
Stock repurchased (100,764 shares) (101) (3,212) 0 0 (3,313)
Vesting of restricted stock 1 (1) 0 0 0
Equity based compensation 4 335 0 0 339
Cash dividends paid 0 0 (2,914) 0 (2,914)
Balance at Sep. 30, 2021 10,715 148,069 193,107 (1,504) 350,387
Balance at Dec. 31, 2021 10,710 147,777 201,380 (5,075) 354,792 [1]
Net income 0 0 26,395 0 26,395
Other comprehensive income (loss) 0 0 0 (52,576) (52,576)
Stock repurchased (100,764 shares) (204) (7,182) 0 0 (7,386)
Vesting of restricted stock 14 (14) 0 0 0
Equity based compensation 12 1,102 0 0 1,114
Cash dividends paid 0 0 (8,961) 0 (8,961)
Stock options exercised 1 11 0 0 12
Balance at Sep. 30, 2022 10,533 141,694 218,814 (57,651) 313,390
Balance at Jun. 30, 2022 10,588 143,337 212,524 (39,018) 327,431
Net income 0 0 9,256 0 9,256
Other comprehensive income (loss) 0 0 0 (18,633) (18,633)
Stock repurchased (100,764 shares) (60) (1,999) 0 0 (2,059)
Vesting of restricted stock 1 (1) 0 0 0
Equity based compensation 4 357 0 0 361
Cash dividends paid 0 0 (2,966) 0 (2,966)
Balance at Sep. 30, 2022 $ 10,533 $ 141,694 $ 218,814 $ (57,651) $ 313,390
[1] Derived from audited consolidated financial statements