XML 64 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Shareholders' Equity (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Common stock
Preferred stock
Nonvested restricted stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Beginning balance at Dec. 31, 2009 [1] $ 59,841 $ 31 $ 16,056 $ (14) $ 33,674 $ 484 $ 9,610
Beginning balance, shares at Dec. 31, 2009 [1]   3,094,481 17,299        
Net income 890                890
Preferred stock transactions:              
Cash dividends on Series T preferred stock (865)                (865)
Discount accretion       261          (261)
Proceeds from exercise of stock options 295 1       294      
Proceeds from exercise of stock options, shares   48,700          
Stock dividend on common stock (10%)    3     2,529   (2,532)
Stock dividend on common stock (10%), shares   314,696          
Amortization of deferred compensation on restricted stock 14       14         
Compensation expense related to stock options, net of tax 232          232      
Other comprehensive income (1,191)             (1,191)   
Balance at Dec. 31, 2010 [1] 59,216 35 16,317    36,729 (707) 6,842
Balance, shares at Dec. 31, 2010 [1]   3,457,877 17,299        
Net income 2,088                2,088
Preferred stock transactions:              
Cash dividends on Series T preferred stock (865)                (865)
Discount accretion       279          (279)
Proceeds from exercise of stock options 77          77      
Proceeds from exercise of stock options, shares   13,236          
Stock dividend on common stock (10%)    3       2,448    (2,451)
Stock dividend on common stock (10%), shares   347,217          
Cash in lieu of fractional shares (1)                (1)
Issuance of restricted stock          (20) 20      
Issuance of restricted stock, shares   2,500          
Amortization of deferred compensation on restricted stock 4       4         
Compensation expense related to stock options, net of tax 272          272      
Other comprehensive income 1,748         1,748  
Balance at Dec. 31, 2011 62,539 38 16,596 (16) 39,546 1,041 5,334
Balance, shares at Dec. 31, 2011   3,820,830 17,299        
Net income 3,862                3,862
Preferred stock transactions:              
Redemption of preferred stock (904)    (1,000)          96
Redemption of preferred stock, shares     (1,000)        
Redemption of CPP Warrant (1,100)          (1,100)      
Cash dividends on Series T preferred stock (845)                (845)
Discount accretion       703    (343)    (360)
Proceeds from exercise of stock options 96 1       95      
Proceeds from exercise of stock options, shares   15,336          
Stock dividend on common stock (10%)    4       3,712    (3,716)
Stock dividend on common stock (10%), shares   388,738          
Cash in lieu of fractional shares (2)                (2)
Issuance of restricted stock          (175) 175      
Issuance of restricted stock, shares   22,500          
Amortization of deferred compensation on restricted stock 31       31         
Compensation expense related to stock options, net of tax 311          311      
Other comprehensive income 137             137   
Balance at Dec. 31, 2012 $ 64,125 $ 43 $ 16,299 $ (160) $ 42,396 $ 1,178 $ 4,369
Balance, shares at Dec. 31, 2012   4,247,404 16,299        
[1] See Note 1 to the financial statements for information related to a correction of an error in 2010.