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Consolidated Statement of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Surplus
Cumulative Effect, Period of Adoption, Adjusted Balance
Surplus
Undivided Profits
Cumulative Effect, Period of Adoption, Adjustment
Undivided Profits
Cumulative Effect, Period of Adoption, Adjusted Balance
Undivided Profits
Accumulated Other Comprehensive Income (loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (loss)
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total
Balance (in shares) (Accounting Standards Update 2016-13) at Dec. 31, 2022 4,678,186                      
Balance (in shares) at Dec. 31, 2022   4,678,186                    
Balance (Accounting Standards Update 2016-13) at Dec. 31, 2022 $ 4,678   $ 65,780   $ (81) $ 31,073   $ (46,418)   $ (81) $ 55,113  
Balance at Dec. 31, 2022   $ 4,678   $ 65,780     $ 31,154   $ (46,418)     $ 55,194
Net income             2,623         2,623
Other comprehensive income                 5,051     5,051
Balance (in shares) at Mar. 31, 2023   4,678,186                    
Balance at Mar. 31, 2023   $ 4,678   65,780     33,696   (41,367)     62,787
Balance (in shares) (Accounting Standards Update 2016-13) at Dec. 31, 2022 4,678,186                      
Balance (in shares) at Dec. 31, 2022   4,678,186                    
Balance (Accounting Standards Update 2016-13) at Dec. 31, 2022 $ 4,678   $ 65,780   $ (81) $ 31,073   $ (46,418)   $ (81) $ 55,113  
Balance at Dec. 31, 2022   $ 4,678   65,780     31,154   (46,418)     55,194
Net income                       7,443
Other comprehensive income                       (2,812)
Balance (in shares) at Sep. 30, 2023   4,672,686                    
Balance at Sep. 30, 2023   $ 4,673   65,780     37,890   (49,230)     59,113
Balance (in shares) at Mar. 31, 2023   4,678,186                    
Balance at Mar. 31, 2023   $ 4,678   65,780     33,696   (41,367)     62,787
Net income             2,910         2,910
Other comprehensive income                 (610)     (610)
Dividend declared             (561)         (561)
Balance (in shares) at Jun. 30, 2023   4,678,186                    
Balance at Jun. 30, 2023   $ 4,678   65,780     36,045   (41,977)     64,526
Net income             1,910         1,910
Other comprehensive income                 (7,253)     (7,253)
Stock repurchase   $ (5)         (65)         (70)
Stock repurchase (in shares)   (5,500)                    
Balance (in shares) at Sep. 30, 2023   4,672,686                    
Balance at Sep. 30, 2023   $ 4,673   65,780     37,890   (49,230)     59,113
Balance (in shares) at Dec. 31, 2023   4,661,686                    
Balance at Dec. 31, 2023   $ 4,662   65,780     37,574   (38,733)     69,283
Net income             2,415         2,415
Other comprehensive income                 (1,035)     (1,035)
Balance (in shares) at Mar. 31, 2024   4,661,686                    
Balance at Mar. 31, 2024   $ 4,662   65,780     39,989   (39,768)     70,663
Balance (in shares) at Dec. 31, 2023   4,661,686                    
Balance at Dec. 31, 2023   $ 4,662   65,780     37,574   (38,733)     69,283
Net income                       20,175
Other comprehensive income                       7,774
Balance (in shares) at Sep. 30, 2024   4,661,686                    
Balance at Sep. 30, 2024   $ 4,662   65,780     56,910   (30,959)     96,393
Balance (in shares) at Mar. 31, 2024   4,661,686                    
Balance at Mar. 31, 2024   $ 4,662   65,780     39,989   (39,768)     70,663
Net income             2,329         2,329
Other comprehensive income                 2,047     2,047
Dividend declared             (839)         (839)
Balance (in shares) at Jun. 30, 2024   4,661,686                    
Balance at Jun. 30, 2024   $ 4,662   65,780     41,479   (37,721)     74,200
Net income             15,431         15,431
Other comprehensive income                 6,762     6,762
Balance (in shares) at Sep. 30, 2024   4,661,686                    
Balance at Sep. 30, 2024   $ 4,662   $ 65,780     $ 56,910   $ (30,959)     $ 96,393