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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (USD $)
In Thousands, except Share data
Preferred Stock
Common Stock
Surplus
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total
Balance, beginning at Dec. 31, 2011 $ 13,979 $ 7,685 $ 96,323 $ (8,988) $ 13,868 $ 104 $ 122,971
Common stock, shares outstanding at Dec. 31, 2011   8,832,711         8,832,711
Net income         8,638   8,638
Net change in accumulated other comprehensive income           1,027 1,027
Issuance of restricted stock   30 (30)        
Amortization of restricted stock     332       332
Redemption of preferred stock (14,341)           (14,341)
Warrant repurchase     (109)       (109)
Accretion of discount on preferred stock 362       (362)    
Cash dividends declared on common stock         (1,330)    
Cash dividends declared on preferred stock         (112)    
Common stock option expense     253       253
Common stock option exercised and related tax benefits   1 20       21
Sale of shares (Dividend Reinvestment Program)   8 120        
Balance, ending at Sep. 30, 2012    $ 7,724 $ 96,909 $ (8,988) $ 20,702 $ 1,131 $ 117,478
Common stock, shares outstanding at Sep. 30, 2012   8,880,498         8,880,498