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Consolidated Statements of Changes In Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive (Loss)
Starting Balance at Dec. 31, 2022 $ 101,729 $ 8,629 $ 13,268 $ 100,278 $ (20,446)
Cumulative effect adjustment for CECL (1,961)     (1,961)  
Net Income (Loss) 2,585     2,585  
Other comprehensive income (loss) 2,975       2,975
Vesting of restricted stock awards, stock incentive plan   31 (31)    
Stock-based compensation expense 317   317    
Repurchase and retirement of common stock (128) (9) (119)    
Dividends declared (1,057)     (1,057)  
End Balance at Mar. 31, 2023 104,460 8,651 13,435 99,845 (17,471)
Starting Balance at Dec. 31, 2022 101,729 8,629 13,268 100,278 (20,446)
Net Income (Loss) 6,962        
Other comprehensive income (loss) (3,107)        
End Balance at Sep. 30, 2023 101,183 8,660 13,970 102,106 (23,553)
Starting Balance at Mar. 31, 2023 104,460 8,651 13,435 99,845 (17,471)
Net Income (Loss) 2,058     2,058  
Other comprehensive income (loss) (1,945)       (1,945)
Stock-based compensation expense 323   323    
Issuance of common stock, employee benefit plan 133 10 123    
Dividends declared (1,059)     (1,059)  
End Balance at Jun. 30, 2023 103,970 8,661 13,881 100,844 (19,416)
Net Income (Loss) 2,319     2,319  
Other comprehensive income (loss) (4,137)       (4,137)
Vesting of restricted stock awards, stock incentive plan   11 (11)    
Stock-based compensation expense 263   263    
Repurchase and retirement of common stock (175) (12) (163)    
Dividends declared (1,057)     (1,057)  
End Balance at Sep. 30, 2023 101,183 8,660 13,970 102,106 (23,553)
Starting Balance at Dec. 31, 2023 108,379 8,660 14,280 103,445 (18,006)
Cumulative effect adjustment for adopton of ASU 2023-02 (477)     (477)  
Net Income (Loss) 2,548     2,548  
Other comprehensive income (loss) (1,811)       (1,811)
Vesting of restricted stock awards, stock incentive plan   59 (59)    
Stock-based compensation expense 302   302    
Repurchase and retirement of common stock (169) (14) (155)    
Dividends declared (1,067)     (1,067)  
End Balance at Mar. 31, 2024 107,705 8,705 14,368 104,449 (19,817)
Starting Balance at Dec. 31, 2023 108,379 8,660 14,280 103,445 (18,006)
Net Income (Loss) 9,157        
Other comprehensive income (loss) 3,576        
End Balance at Sep. 30, 2024 117,844 8,714 14,633 108,927 (14,430)
Starting Balance at Mar. 31, 2024 107,705 8,705 14,368 104,449 (19,817)
Net Income (Loss) 3,185     3,185  
Other comprehensive income (loss) 1,054       1,054
Vesting of restricted stock awards, stock incentive plan   3 (3)    
Stock-based compensation expense 249   249    
Repurchase and retirement of common stock (11) (1) (10)    
Dividends declared (1,067)     (1,067)  
End Balance at Jun. 30, 2024 111,115 8,707 14,604 106,567 (18,763)
Net Income (Loss) 3,424     3,424  
Other comprehensive income (loss) 4,333       4,333
Vesting of restricted stock awards, stock incentive plan   12 (12)    
Stock-based compensation expense 93   93    
Repurchase and retirement of common stock (57) (5) (52)    
Dividends declared (1,064)     (1,064)  
End Balance at Sep. 30, 2024 $ 117,844 $ 8,714 $ 14,633 $ 108,927 $ (14,430)