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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Balance at Dec. 31, 2023 $ 66 $ 23,734 $ 173,900 $ (35,827) $ 161,873
Net income     3,698   3,698
Other comprehensive income (loss)       1,105 1,105
Common stock issued   74     74
Common stock dividend declared     (1,326)   (1,326)
Stock based compensation   57     57
Balance at Mar. 31, 2024 66 23,865 176,272 (34,722) 165,481
Balance at Dec. 31, 2024 65 20,476 189,002 (30,248) 179,295
Net income     5,806   5,806
Other comprehensive income (loss)       (111) (111)
Common stock issued   75     75
Common stock dividend declared     (1,426)   (1,426)
Stock based compensation   55     55
Balance at Mar. 31, 2025 $ 65 $ 20,606 $ 193,382 $ (30,359) $ 183,694