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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Cumulative effect of change in accounting principle
Retained Earnings
Cumulative effect of change in accounting principle
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total
Beginning balance at Dec. 31, 2021     $ 5,151 $ 25,008 $ 47,298 $ (3,365) $ (2,802) $ 71,290
Beginning balance, shares at Dec. 31, 2021     4,988,542          
Net Income (Loss)         7,064     7,064
Other comprehensive income (loss)           (38,502)   (38,502)
Cash dividends         (4,401)     (4,401)
Stock-based compensation       176       176
Purchase of treasury stock             (3) $ (3)
Purchase of treasury stock, shares     (995)         (170)
Treasury stock issued for stock plans       (198)     267 $ 69
Treasury stock issued for stock plans, shares     15,512          
Ending balance at Dec. 31, 2022 $ (854) $ (854) $ 5,151 24,986 49,961 (41,867) (2,538) $ 35,693
Ending balance, shares at Dec. 31, 2022     5,003,059         5,003,059
Net Income (Loss)         1,733     $ 1,733
Other comprehensive income (loss)           779   779
Cash dividends         (1,101)     (1,101)
Stock-based compensation       (32)       (32)
Purchase of treasury stock             (9) (9)
Purchase of treasury stock, shares     (569)          
Treasury stock issued for stock plans       (195)     195  
Treasury stock issued for stock plans, shares     11,409          
Ending balance at Mar. 31, 2023     $ 5,151 24,823 49,739 (41,088) (2,352) $ 36,273
Ending balance, shares at Mar. 31, 2023     5,013,899         5,013,899
Beginning balance at Dec. 31, 2022 $ (854) $ (854) $ 5,151 24,986 49,961 (41,867) (2,538) $ 35,693
Beginning balance, shares at Dec. 31, 2022     5,003,059         5,003,059
Net Income (Loss)         6,596     $ 6,596
Other comprehensive income (loss)           3,227   3,227
Cash dividends         (4,406)     (4,406)
Stock-based compensation       143       143
Purchase of treasury stock             (324) $ (324)
Purchase of treasury stock, shares     (27,569)         (27,569)
Treasury stock issued for stock plans       (205)     267 $ 62
Treasury stock issued for stock plans, shares     15,639          
Ending balance at Dec. 31, 2023     $ 5,151 24,924 51,297 (38,640) (2,595) $ 40,137
Ending balance, shares at Dec. 31, 2023     4,991,129         4,991,129
Beginning balance at Mar. 31, 2023     $ 5,151 24,823 49,739 (41,088) (2,352) $ 36,273
Beginning balance, shares at Mar. 31, 2023     5,013,899         5,013,899
Net Income (Loss)         1,398     $ 1,398
Other comprehensive income (loss)           (925)   (925)
Cash dividends         (1,102)     (1,102)
Stock-based compensation       (39)       (39)
Treasury stock issued for stock plans       (10)     72 62
Treasury stock issued for stock plans, shares     4,230          
Ending balance at Jun. 30, 2023     $ 5,151 24,852 50,035 (42,013) (2,280) $ 35,745
Ending balance, shares at Jun. 30, 2023     5,018,129         5,018,129
Net Income (Loss)         1,791     $ 1,791
Other comprehensive income (loss)           412   412
Cash dividends         (1,104)     (1,104)
Stock-based compensation       (35)       (35)
Ending balance at Sep. 30, 2023     $ 5,151 $ 24,887 $ 50,722 $ (41,601) $ (2,280) $ 36,879
Ending balance, shares at Sep. 30, 2023     5,018,129         5,018,129