10-Q Filing

RGC RESOURCES INC CIK: 1069533 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001069533-21-000010`
Period End Date	20201231
Filing Date	20210211
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	rgco-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 116 Income Statement 30 Cash Flow Statement 46 Stockholders Equity 20 Comprehensive Income 10

Balance Sheet 116 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for uncollectibles	`AllowanceForDoubtfulAccountsReceivableCurrent`	$771.21K	USD	Point-in-time
Accounts receivable, allowance for uncollectibles	`AllowanceForDoubtfulAccountsReceivableCurrent`	$703.14K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$5.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$5.00	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.01M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$736.66K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$291.07K	USD	Point-in-time
Accounts receivable (less allowance for uncollectibles of $771,214 and $703,140, respectively)	`AccountsReceivableNetCurrent`	$9.85M	USD	Point-in-time
Accounts receivable (less allowance for uncollectibles of $771,214 and $703,140, respectively)	`AccountsReceivableNetCurrent`	$3.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.16M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.17M	shares	Point-in-time
Materials and supplies	`OtherInventory`	$1.03M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.17M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.16M	shares	Point-in-time
Materials and supplies	`OtherInventory`	$1.03M	USD	Point-in-time
Gas in storage	`EnergyRelatedInventoryNaturalGasInStorage`	$5.71M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Gas in storage	`EnergyRelatedInventoryNaturalGasInStorage`	$5.07M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$647.62K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$2.39M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$2.50M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other	`OtherAssetsCurrent`	$854.56K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other	`OtherAssetsCurrent`	$1.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.90M	USD	Point-in-time
In service	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$258.34M	USD	Point-in-time
In service	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$261.58M	USD	Point-in-time
Accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$72.83M	USD	Point-in-time
Accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$71.39M	USD	Point-in-time
In service, net	`PublicUtilitiesPropertyPlantAndEquipmentInServiceNet`	$188.75M	USD	Point-in-time
In service, net	`PublicUtilitiesPropertyPlantAndEquipmentInServiceNet`	$186.96M	USD	Point-in-time
Construction work in progress	`PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress`	$13.03M	USD	Point-in-time
Construction work in progress	`PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress`	$11.49M	USD	Point-in-time
Utility plant, net	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$201.78M	USD	Point-in-time
Utility plant, net	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$198.45M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$10.97M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$10.96M	USD	Point-in-time
Investment in unconsolidated affiliates	`LongTermInvestments`	$60.36M	USD	Point-in-time
Investment in unconsolidated affiliates	`LongTermInvestments`	$57.54M	USD	Point-in-time
Other	`OtherAssetsMiscellaneousNoncurrent`	$345.87K	USD	Point-in-time
Other	`OtherAssetsMiscellaneousNoncurrent`	$284.95K	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$71.67M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$68.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$294.35M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$281.68M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$7.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.52M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.44M	USD	Point-in-time
Capital contributions payable	`CapitalContributionsPayable`	$2.51M	USD	Point-in-time
Capital contributions payable	`CapitalContributionsPayable`	$1.45M	USD	Point-in-time
Customer credit balances	`ContractWithCustomerLiabilityCurrent`	$2.04M	USD	Point-in-time
Customer credit balances	`ContractWithCustomerLiabilityCurrent`	$1.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$290.73K	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$1.61M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$1.62M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.37M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.57M	USD	Point-in-time
Interest rate swaps	`DerivativeLiabilitiesCurrent`	$501.03K	USD	Point-in-time
Interest rate swaps	`DerivativeLiabilitiesCurrent`	$533.79K	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$890.31K	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$267.50K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.53M	USD	Point-in-time
Notes payable	`UnsecuredLongTermDebt`	$114.98M	USD	Point-in-time
Notes payable	`UnsecuredLongTermDebt`	$110.88M	USD	Point-in-time
Line-of-credit	`LongTermLineOfCredit`	$15.54M	USD	Point-in-time
Line-of-credit	`LongTermLineOfCredit`	$9.14M	USD	Point-in-time
Less unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$299.18K	USD	Point-in-time
Less unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$276.99K	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$126.14M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$123.82M	USD	Point-in-time
Interest rate swaps	`DerivativeLiabilitiesNoncurrent`	$1.69M	USD	Point-in-time
Interest rate swaps	`DerivativeLiabilitiesNoncurrent`	$1.50M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$7.29M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$7.18M	USD	Point-in-time
Regulatory cost of retirement obligations	`RegulatoryCostOfRetirementObligations`	$12.68M	USD	Point-in-time
Regulatory cost of retirement obligations	`RegulatoryCostOfRetirementObligations`	$12.89M	USD	Point-in-time
Benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$6.15M	USD	Point-in-time
Benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$6.11M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$14.74M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$13.97M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$10.73M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$10.61M	USD	Point-in-time
Total deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$53.14M	USD	Point-in-time
Total deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$52.40M	USD	Point-in-time
Common stock, $5 par value; authorized 20,000,000 shares; issued and outstanding 8,172,037 and 8,160,058 shares, respectively	`CommonStockValue`	$40.86M	USD	Point-in-time
Common stock, $5 par value; authorized 20,000,000 shares; issued and outstanding 8,172,037 and 8,160,058 shares, respectively	`CommonStockValue`	$40.80M	USD	Point-in-time
Preferred stock, no par, authorized 5,000,000 shares; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par, authorized 5,000,000 shares; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$15.85M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$16.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$38.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$86.36M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$88.89M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$92.55M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$83.10M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$294.35M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$281.68M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$19.79M	USD	1 Quarter
Operating revenues	`Revenues`	$19.52M	USD	1 Quarter
Operations and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$3.50M	USD	1 Quarter
Operations and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$3.92M	USD	1 Quarter
General taxes	`TaxesExcludingIncomeAndExciseTaxes`	$543.24K	USD	1 Quarter
General taxes	`TaxesExcludingIncomeAndExciseTaxes`	$574.02K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.99M	USD	1 Quarter
Total operating expenses	`CostOfRevenueAndOperatingExpenses`	$14.70M	USD	1 Quarter
Total operating expenses	`CostOfRevenueAndOperatingExpenses`	$13.94M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$5.58M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$5.08M	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.36M	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.09M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$330.03K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$157.64K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.09M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.02M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.25M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.25M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.53M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.24M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$4.01M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$4.72M	USD	1 Quarter
BASIC EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
BASIC EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.05M	USD	1 Quarter
Cost of retirement of utility plant, net	`CostOfPlantRetirement`	$138.95K	USD	1 Quarter
Cost of retirement of utility plant, net	`CostOfPlantRetirement`	$170.22K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.36M	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.09M	USD	1 Quarter
Allowance for funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	-	USD	1 Quarter
Allowance for funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$55.98K	USD	1 Quarter
Changes in assets and liabilities which used cash, exclusive of changes and noncash transactions shown separately	`IncreaseDecreaseInOperatingCapital`	$5.23M	USD	1 Quarter
Changes in assets and liabilities which used cash, exclusive of changes and noncash transactions shown separately	`IncreaseDecreaseInOperatingCapital`	$3.97M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$817.96K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$152.91K	USD	1 Quarter
Expenditures for utility property	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.33M	USD	1 Quarter
Expenditures for utility property	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.85M	USD	1 Quarter
Investment in unconsolidated affiliates	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$2.52M	USD	1 Quarter
Investment in unconsolidated affiliates	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$5.04M	USD	1 Quarter
Proceeds from disposal of utility property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.97K	USD	1 Quarter
Proceeds from disposal of utility property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.88K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.85M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.88M	USD	1 Quarter
Proceeds from issuance of unsecured notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$15.69M	USD	1 Quarter
Proceeds from issuance of unsecured notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$2.90M	USD	1 Quarter
Borrowings under line-of-credit	`ProceedsFromLinesOfCredit`	$10.62M	USD	1 Quarter
Borrowings under line-of-credit	`ProceedsFromLinesOfCredit`	$9.78M	USD	1 Quarter
Repayments under line-of-credit	`RepaymentsOfLinesOfCredit`	$4.22M	USD	1 Quarter
Repayments under line-of-credit	`RepaymentsOfLinesOfCredit`	$15.03M	USD	1 Quarter
Debt issuance expenses	`PaymentsOfDebtIssuanceCosts`	$62.20K	USD	1 Quarter
Debt issuance expenses	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Proceeds from issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$274.38K	USD	1 Quarter
Proceeds from issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$395.20K	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.43M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.34M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.44M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.15M	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-619.00K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$445.60K	USD	1 Quarter
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.01M	USD	Point-in-time
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$736.66K	USD	Point-in-time
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63M	USD	Point-in-time
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$291.07K	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.01M	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$736.66K	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63M	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$291.07K	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Common stock issued (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	11,979.00	shares	1 Quarter
Common stock issued (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	18,053.00	shares	1 Quarter
Balance at beginning of period	`StockholdersEquity`	$86.36M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$88.89M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$92.55M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$83.10M	USD	Point-in-time
Net income	`NetIncomeLoss`	$4.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.72M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$183.59K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$279.84K	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$1.42M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$1.52M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$395.20K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$274.38K	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$86.36M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$88.89M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$92.55M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$83.10M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$4.01M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$4.72M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$168.72K	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$263.05K	USD	1 Quarter
Defined benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-16.79K	USD	1 Quarter
Defined benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-14.86K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$183.59K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$279.84K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$4.91M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$4.29M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.