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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common Stock
Paid-in capital
Retained earnings
Unearned compensation restricted stock awards
Accumulated other comprehensive (loss) income
Total
Balance - Beginning, amount at Dec. 31, 2018 $ 281 $ 43,770 $ 60,339 $ (711) $ (220) $ 103,459
Balance - Beginning, shares at Dec. 31, 2018 2,806,781          
Net income 2,434 2,434
Other comprehensive income, net of tax 900 900
Common stock dividends declared (784) (784)
Forfeiture of restricted stock, amount (5) 5
Forfeiture of restricted stock, shares (100)          
Stock based compensation - restricted stock awards 100 100
Balance - Ending, amount at Mar. 31, 2019 $ 281 43,765 61,989 (606) 680 106,109
Balance - Ending, shares at Mar. 31, 2019 2,806,681          
Balance - Beginning, amount at Dec. 31, 2019 $ 283 44,490 68,320 (795) 1,357 113,655
Balance - Beginning, shares at Dec. 31, 2019 2,825,912          
Net income 2,047 2,047
Other comprehensive income, net of tax 1,049 1,049
Common stock dividends declared (820) (820)
Stock Options exercised, amount 53 53
Stock Options exercised, shares 3,105          
Stock based compensation - restricted stock awards 23 136 159
Balance - Ending, amount at Mar. 31, 2020 $ 283 $ 44,566 $ 69,547 $ (659) $ 2,406 $ 116,143
Balance - Ending, shares at Mar. 31, 2020 2,829,017