Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.8.0.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive (Loss)/Income [Member]
Retained Earnings [Member]
Balance at beginning of period at Dec. 31, 2015 $ 80,909 $ 361 $ 4,158 $ 1,406 $ 74,984
Comprehensive income:          
Net income 9,142 0 0 0 9,142
Net unrealized gain (loss) on securities available-for-sale, net of reclassifications and tax effects (2,884) 0 0 (2,884) 0
Termination of plan (28) 0 0 (28) 0
Comprehensive income 6,230        
Stock-based compensation expense 142 0 142 0 0
Cash dividends (3,173) 0 0 0 (3,173)
Balance at end of period at Dec. 31, 2016 84,108 361 4,300 (1,506) 80,953
Comprehensive income:          
Net income 8,961 0 0 0 8,961
Net unrealized gain (loss) on securities available-for-sale, net of reclassifications and tax effects 2,079 0 0 2,079 0
Termination of plan 0        
Comprehensive income 11,040        
Exercise of 500 incentive stock option shares at $28.50 per share 14 0 14 0 0
Stock-based compensation expense 192 0 192 0 0
Reclassification related to tax effect of unrealized gains 0 0 0 111 (111)
Cash dividends (3,294) 0 0 0 (3,294)
Balance at end of period at Dec. 31, 2017 $ 92,060 $ 361 $ 4,506 $ 684 $ 86,509