Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

v3.6.0.2
CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Beginning Balance (in shares) at Dec. 31, 2013   14,493,748    
Beginning Balance at Dec. 31, 2013 $ 275,562 $ 10,012 $ 93,125 $ 172,425
Increase (Decrease) in Shareholders' Equity        
Net income (loss) 15,320     15,320
Vesting of restricted stock (in shares)   45,356    
Vesting of restricted stock (358) $ (35) (323)  
Compensation expense restricted stock 1,139 $ 113 1,026  
Dividends on common stock (5,865)     (5,865)
Ending Balance (in shares) at Dec. 31, 2014   14,539,104    
Ending Balance at Dec. 31, 2014 285,798 $ 10,090 93,828 181,880
Increase (Decrease) in Shareholders' Equity        
Net income (loss) (25,364)     (25,364)
Vesting of restricted stock (in shares)   41,112    
Vesting of restricted stock (79) $ (9) (70)  
Compensation expense restricted stock 2,707 $ 271 2,436  
Dividends on common stock $ (5,865)     (5,865)
Ending Balance (in shares) at Dec. 31, 2015 14,580,216 14,580,216    
Ending Balance at Dec. 31, 2015 $ 257,197 $ 10,352 96,194 150,651
Increase (Decrease) in Shareholders' Equity        
Net income (loss) 3,515     3,515
Vesting of restricted stock (in shares)   114,804    
Vesting of restricted stock (217) $ (23) (194)  
Compensation expense restricted stock 3,125 $ 312 2,813  
Dividends on common stock $ (588)     (588)
Ending Balance (in shares) at Dec. 31, 2016 14,695,020 14,695,020    
Ending Balance at Dec. 31, 2016 $ 263,032 $ 10,641 $ 98,813 $ 153,578