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Consolidated Statements of Shareholders’ Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Balance, beginning of the period at Dec. 31, 2015 $ 3,301 $ 10,420 $ 116,167 $ 1,171 $ 131,059
Comprehensive income:          
Net income     13,459   13,459
Other comprehensive loss       (2,155) (2,155)
Stock options exercised 10 352     362
Share-based compensation   1,218     1,218
Restricted stock vested 26 (26)      
Common stock issued 3 146     149
Common stock purchased (9) (405)     (414)
Cash dividends declared – common stock     (4,464)   (4,464)
Balance, end of period at Dec. 31, 2016 3,331 11,705 125,162 (984) 139,214
Comprehensive income:          
Net income     6,572   6,572
Other comprehensive loss       (569) (569)
Reclassification of certain tax effects [1]     334 (334)  
Stock options exercised 2 82     84
Share-based compensation   1,451     1,451
Restricted stock vested 32 (32)      
Common stock issued 3 144     147
Common stock purchased (10) (550)     (560)
Cash dividends declared – common stock     (4,637)   (4,637)
Balance, end of period at Dec. 31, 2017 3,358 12,800 127,431 (1,887) 141,702
Comprehensive income:          
Net income     18,020   18,020
Other comprehensive loss       (2,785) (2,785)
Share-based compensation   1,345     1,345
Restricted stock vested 26 (26)      
Common stock issued 3 141     144
Common stock purchased (29) (1,508)     (1,537)
Cash dividends declared – common stock     (4,931)   (4,931)
Balance, end of period at Dec. 31, 2018 $ 3,358 $ 12,752 $ 140,520 $ (4,672) $ 151,958
[1] Reclassification relates to the adoption of ASU 2018-02 in the year ended December 31, 2017 for stranded tax effects related to the reduction in the enacted federal corporate income tax rate.