v3.25.2
Consolidated Statements Of Changes In Stockholders’ Equity - USD ($)
Common Stock [Member]
Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Loss [Member]
Total
Beginning balance at Dec. 31, 2023 $ 831,000 $ 97,700,000 $ 135,284,000 $ (5,397,000) $ (47,348,000) $ 181,070,000
Beginning balance, shares at Dec. 31, 2023 8,310,847          
Beginning balance, shares at Dec. 31, 2023       200,690    
Net income     8,646,000     8,646,000
Other comprehensive income (loss)         (2,471,000) (2,471,000)
Cash dividends declared     (4,860,000)     (4,860,000)
Acquisition of treasury stock       $ (580,000)   (580,000)
Acquisition of treasury stock, shares       19,191    
Compensation expense related to restricted stock   207,000       207,000
Compensation expense related to restricted stock, shares 1,004          
Compensation expense related to stock options   175,000       175,000
Ending balance at Jun. 30, 2024 $ 831,000 98,082,000 139,070,000 $ (5,977,000) (49,819,000) 182,187,000
Ending balance, shares at Jun. 30, 2024 8,311,851          
Ending balance, shares at Jun. 30, 2024       219,881    
Beginning balance at Mar. 31, 2024 $ 831,000 97,893,000 137,285,000 $ (5,397,000) (49,399,000) 181,213,000
Beginning balance, shares at Mar. 31, 2024 8,310,847          
Beginning balance, shares at Mar. 31, 2024       200,690    
Net income     4,213,000     4,213,000
Other comprehensive income (loss)         (420,000) (420,000)
Cash dividends declared     (2,428,000)     (2,428,000)
Acquisition of treasury stock       $ (580,000)   (580,000)
Acquisition of treasury stock, shares       19,191    
Compensation expense related to restricted stock   103,000       103,000
Compensation expense related to restricted stock, shares 1,004          
Compensation expense related to stock options   86,000       86,000
Ending balance at Jun. 30, 2024 $ 831,000 98,082,000 139,070,000 $ (5,977,000) (49,819,000) 182,187,000
Ending balance, shares at Jun. 30, 2024 8,311,851          
Ending balance, shares at Jun. 30, 2024       219,881    
Beginning balance at Dec. 31, 2024 $ 949,000 126,514,000 124,963,000 $ (5,797,000) (33,121,000) $ 213,508,000
Beginning balance, shares at Dec. 31, 2024 9,487,068          
Beginning balance, shares at Dec. 31, 2024       214,161   214,161
Net income     11,978,000     $ 11,978,000
Other comprehensive income (loss)         5,616,000 5,616,000
Cash dividends declared     (5,742,000)     (5,742,000)
Acquisition of treasury stock       $ (349,000)   (349,000)
Acquisition of treasury stock, shares       15,822    
Compensation expense related to restricted stock   295,000   $ (62,000)   233,000
Compensation expense related to restricted stock, shares 1,220          
Director retainer stock   57,000       57,000
Director retainer stock, shares 2,217          
Compensation expense related to stock options   124,000       124,000
Ending balance at Jun. 30, 2025 $ 949,000 126,990,000 131,199,000 $ (6,208,000) (27,505,000) $ 225,425,000
Ending balance, shares at Jun. 30, 2025 9,490,505          
Ending balance, shares at Jun. 30, 2025       229,983   229,983
Beginning balance at Mar. 31, 2025 $ 949,000 126,785,000 127,865,000 $ (6,208,000) (28,684,000) $ 220,707,000
Beginning balance, shares at Mar. 31, 2025 9,489,398          
Beginning balance, shares at Mar. 31, 2025       229,979    
Net income     6,205,000     6,205,000
Other comprehensive income (loss)         1,179,000 1,179,000
Cash dividends declared     (2,871,000)     (2,871,000)
Acquisition of treasury stock, shares       4    
Compensation expense related to restricted stock   116,000       116,000
Director retainer stock   27,000       27,000
Director retainer stock, shares 1,107          
Compensation expense related to stock options   62,000       62,000
Ending balance at Jun. 30, 2025 $ 949,000 $ 126,990,000 $ 131,199,000 $ (6,208,000) $ (27,505,000) $ 225,425,000
Ending balance, shares at Jun. 30, 2025 9,490,505          
Ending balance, shares at Jun. 30, 2025       229,983   229,983