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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Surplus
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Cumulative Effect, Period of Adoption, Adjustment
Total
Balance at Dec. 31, 2022 $ 12,502 $ 42,439   $ 100,712 $ (29,558) $ (5,709)   $ 120,386
Balance (in shares) at Dec. 31, 2022 6,250,763              
Net (loss) income       1,357       1,357
Other comprehensive income, net of taxes         3,778     3,778
Issuance of common stock under dividend reinvestment plan $ 41 381           422
Issuance of common stock under dividend reinvestment plan (in shares) 20,787              
Dividends       (1,685)       (1,685)
Balance at Mar. 31, 2023 $ 12,543 42,820 $ 768 101,152 (25,780) (5,709) $ 768 125,026
Balance (in shares) at Mar. 31, 2023 6,271,550              
Balance at Dec. 31, 2023 $ 12,705 44,004   100,260 (29,645) (5,709)   121,615
Balance (in shares) at Dec. 31, 2023 6,352,665              
Net (loss) income       (18,377)       (18,377)
Other comprehensive income, net of taxes         1,726     1,726
Issuance of common stock under dividend reinvestment plan $ 65 396           461
Issuance of common stock under dividend reinvestment plan (in shares) 32,229              
Dividends       (1,714)       (1,714)
Balance at Mar. 31, 2024 $ 12,770 $ 44,400   $ 80,169 $ (27,919) $ (5,709)   $ 103,711
Balance (in shares) at Mar. 31, 2024 6,384,894