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Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
$ in Thousands
Common Stock [Member]
Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Beginning balance at Dec. 31, 2020 $ 824 $ 95,388 $ 93,796 $ (342) $ 5,119 $ 194,785
Beginning balance, shares at Dec. 31, 2020 8,236,331     10,263    
Net Income     18,277     18,277
Other comprehensive loss         (3,681) (3,681)
Cash dividends declared     (6,405)     (6,405)
Acquisition of treasury stock, shares       37,405    
Acquisition of treasury stock       $ (961)   (961)
Compensation expense related to restricted stock   371   $ (120)   251
Stock options exercised $ 1 181       182
Stock options exercised, shares 9,620          
Compensation expense related to stock options   160       160
Compensation expense related to stock options, shares       3,900    
Ending balance, shares at Sep. 30, 2021 8,245,951     51,568    
Ending balance at Sep. 30, 2021 $ 825 96,100 105,668 $ (1,423) 1,438 202,608
Beginning balance at Jun. 30, 2021 $ 825 95,951 100,818 $ (656) 3,561 200,499
Beginning balance, shares at Jun. 30, 2021 8,245,301     21,568    
Net Income     6,981     6,981
Other comprehensive loss         (2,123) (2,123)
Cash dividends declared     (2,131)     (2,131)
Acquisition of treasury stock, shares       30,000    
Acquisition of treasury stock       $ (767)   (767)
Compensation expense related to restricted stock   84       84
Stock options exercised   12       12
Stock options exercised, shares 650          
Compensation expense related to stock options   53       53
Ending balance, shares at Sep. 30, 2021 8,245,951     51,568    
Ending balance at Sep. 30, 2021 $ 825 96,100 105,668 $ (1,423) 1,438 202,608
Beginning balance at Dec. 31, 2021 $ 827 96,443 110,015 $ (1,767) (256) 205,262
Beginning balance, shares at Dec. 31, 2021 8,266,751     65,328    
Net Income     22,093     22,093
Other comprehensive loss         (60,309) (60,309)
Cash dividends declared     (6,865)     (6,865)
Acquisition of treasury stock, shares       84,668    
Acquisition of treasury stock       $ (2,204)   (2,204)
Compensation expense related to restricted stock, shares 7,500          
Compensation expense related to restricted stock $ 1 271       272
Stock options exercised   (130)   $ 529   $ 399
Stock options exercised, shares 1,650     (19,950)   21,600
Compensation expense related to stock options   201       $ 201
Ending balance, shares at Sep. 30, 2022 8,275,901     130,046    
Ending balance at Sep. 30, 2022 $ 828 96,785 125,243 $ (3,442) (60,565) 158,849
Beginning balance at Jun. 30, 2022 $ 828 96,752 119,414 $ (2,933) (40,230) 173,831
Beginning balance, shares at Jun. 30, 2022 8,275,901     110,084    
Net Income     8,109     8,109
Other comprehensive loss         (20,335) (20,335)
Cash dividends declared     (2,280)     (2,280)
Acquisition of treasury stock, shares       36,687    
Acquisition of treasury stock       $ (952)   (952)
Compensation expense related to restricted stock   101       101
Stock options exercised   (135)   $ 443   308
Stock options exercised, shares       (16,725)    
Compensation expense related to stock options   67       67
Ending balance, shares at Sep. 30, 2022 8,275,901     130,046    
Ending balance at Sep. 30, 2022 $ 828 $ 96,785 $ 125,243 $ (3,442) $ (60,565) $ 158,849