10-Q Filing

RGC RESOURCES INC CIK: 1069533 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-24-003248`
Period End Date	20231231
Filing Date	20240206
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	rgco20231231_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 120 Income Statement 30 Cash Flow Statement 48 Stockholders Equity 20 Comprehensive Income 10

Balance Sheet 120 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for uncollectible	`AllowanceForDoubtfulAccountsReceivableCurrent`	$155.16K	USD	Point-in-time
Accounts receivable, allowance for uncollectible	`AllowanceForDoubtfulAccountsReceivableCurrent`	$343.30K	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.86M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$5.00	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.51M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$5.00	USD	Point-in-time
Accounts receivable (less allowance for credit losses of $343,304, and $155,164, respectively)	`AccountsReceivableNetCurrent`	$4.19M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Accounts receivable (less allowance for credit losses of $343,304, and $155,164, respectively)	`AccountsReceivableNetCurrent`	$13.16M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	10.02M	shares	Point-in-time
Materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$1.57M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	10.06M	shares	Point-in-time
Materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$1.67M	USD	Point-in-time
Gas in storage	`EnergyRelatedInventoryNaturalGasInStorage`	$11.19M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	10.06M	shares	Point-in-time
Gas in storage	`EnergyRelatedInventoryNaturalGasInStorage`	$10.02M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	10.02M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$1.08M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$3.23M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$2.87M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$2.85M	USD	Point-in-time
Interest rate swaps	`DerivativeAssetsCurrent`	$1.12M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Interest rate swaps	`DerivativeAssetsCurrent`	$1.53M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other	`OtherAssetsCurrent`	$2.08M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$612.96K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$26.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.77M	USD	Point-in-time
In service	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$323.41M	USD	Point-in-time
In service	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$318.37M	USD	Point-in-time
Accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$85.75M	USD	Point-in-time
Accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$87.58M	USD	Point-in-time
In service, net	`PublicUtilitiesPropertyPlantAndEquipmentInServiceNet`	$232.62M	USD	Point-in-time
In service, net	`PublicUtilitiesPropertyPlantAndEquipmentInServiceNet`	$235.83M	USD	Point-in-time
Construction work in progress	`PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress`	$14.97M	USD	Point-in-time
Construction work in progress	`PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress`	$14.52M	USD	Point-in-time
Utility property, net	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$247.58M	USD	Point-in-time
Utility property, net	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$250.34M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$5.39M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$5.35M	USD	Point-in-time
Investment in unconsolidated affiliates	`LongTermInvestments`	$18.65M	USD	Point-in-time
Investment in unconsolidated affiliates	`LongTermInvestments`	$17.19M	USD	Point-in-time
Benefit plan assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.90M	USD	Point-in-time
Benefit plan assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.74M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.16M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.12M	USD	Point-in-time
Interest rate swaps	`DerivativeAssetsNoncurrent`	$3.08M	USD	Point-in-time
Interest rate swaps	`DerivativeAssetsNoncurrent`	$2.11M	USD	Point-in-time
Other	`OtherAssetsMiscellaneousNoncurrent`	$612.29K	USD	Point-in-time
Other	`OtherAssetsMiscellaneousNoncurrent`	$624.10K	USD	Point-in-time
Total other non-current assets	`OtherAssetsNoncurrent`	$29.35M	USD	Point-in-time
Total other non-current assets	`OtherAssetsNoncurrent`	$29.59M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$314.70M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$303.73M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$10.97M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$33.85M	USD	Point-in-time
Line-of-credit	`ShortTermBorrowings`	$13.25M	USD	Point-in-time
Line-of-credit	`ShortTermBorrowings`	$4.35M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.98M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$2.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.06M	USD	Point-in-time
Customer credit balances	`ContractWithCustomerLiabilityCurrent`	$1.88M	USD	Point-in-time
Customer credit balances	`ContractWithCustomerLiabilityCurrent`	$1.97M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$174.44K	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$1.48M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$1.65M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.66M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.96M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$2.31M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$1.63M	USD	Point-in-time
Other	`OtherLiabilitiesCurrent`	$30.28K	USD	Point-in-time
Other	`OtherLiabilitiesCurrent`	$30.66K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$64.20M	USD	Point-in-time
Notes payable	`UnsecuredLongTermDebt`	$102.70M	USD	Point-in-time
Notes payable	`UnsecuredLongTermDebt`	$126.10M	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$255.27K	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$238.80K	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$125.84M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$102.46M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$10.86M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$10.79M	USD	Point-in-time
Regulatory cost of retirement obligations	`RegulatoryCostOfRetirementObligations`	$13.40M	USD	Point-in-time
Regulatory cost of retirement obligations	`RegulatoryCostOfRetirementObligations`	$13.03M	USD	Point-in-time
Benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$75.64K	USD	Point-in-time
Benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$47.67K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.96M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.01M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$18.03M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$17.88M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$323.17K	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$321.06K	USD	Point-in-time
Total deferred credits and other non-current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$44.50M	USD	Point-in-time
Total deferred credits and other non-current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$44.23M	USD	Point-in-time
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 10,059,621 and 10,015,254 shares, respectively	`CommonStockValue`	$50.08M	USD	Point-in-time
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 10,059,621 and 10,015,254 shares, respectively	`CommonStockValue`	$50.30M	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`	$44.43M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$45.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.97M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.25M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$93.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$100.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$103.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$94.89M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$303.73M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$314.70M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$24.42M	USD	1 Quarter
Revenues	`Revenues`	$33.28M	USD	1 Quarter
Operations and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$4.34M	USD	1 Quarter
Operations and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$3.92M	USD	1 Quarter
General taxes	`TaxesExcludingIncomeAndExciseTaxes`	$589.05K	USD	1 Quarter
General taxes	`TaxesExcludingIncomeAndExciseTaxes`	$632.25K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.42M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$17.77M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$27.74M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$5.54M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$6.65M	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.23K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.47M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$120.79K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$74.61K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.64M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.37M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.60M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.25M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$994.75K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.58M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$5.02M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$3.26M	USD	1 Quarter
BASIC EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
BASIC EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.76M	USD	1 Quarter
Cost of retirement of utility property, net	`CostOfPlantRetirement`	$-159.17K	USD	1 Quarter
Cost of retirement of utility property, net	`CostOfPlantRetirement`	$-136.64K	USD	1 Quarter
Amortization of stock option grants	`StockOptionPlanExpense`	$16.17K	USD	1 Quarter
Amortization of stock option grants	`StockOptionPlanExpense`	$17.17K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.23K	USD	1 Quarter
Equity in earnings of unconsolidated affiliate	`IncomeLossFromEquityMethodInvestments`	$1.47M	USD	1 Quarter
Allowance for funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	-	USD	1 Quarter
Allowance for funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$103.77K	USD	1 Quarter
Changes in assets and liabilities which used cash, exclusive of changes and noncash transactions shown separately	`IncreaseDecreaseInOperatingCapital`	$6.76M	USD	1 Quarter
Changes in assets and liabilities which used cash, exclusive of changes and noncash transactions shown separately	`IncreaseDecreaseInOperatingCapital`	$7.91M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-564.35K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.42M	USD	1 Quarter
Expenditures for utility property	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.53M	USD	1 Quarter
Expenditures for utility property	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.30M	USD	1 Quarter
Investment in unconsolidated affiliates	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$818.18K	USD	1 Quarter
Investment in unconsolidated affiliates	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	-	USD	1 Quarter
Proceeds from disposal of utility property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$374.00	USD	1 Quarter
Proceeds from disposal of utility property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$209.00	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.35M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.30M	USD	1 Quarter
Proceeds from issuance of unsecured notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$1.10M	USD	1 Quarter
Proceeds from issuance of unsecured notes	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$525.00K	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$125.00K	USD	1 Quarter
Borrowings under line-of-credit	`ProceedsFromLinesOfCredit`	$16.39M	USD	1 Quarter
Borrowings under line-of-credit	`ProceedsFromLinesOfCredit`	$17.95M	USD	1 Quarter
Repayments under line-of-credit	`RepaymentsOfLinesOfCredit`	$7.49M	USD	1 Quarter
Repayments under line-of-credit	`RepaymentsOfLinesOfCredit`	$8.56M	USD	1 Quarter
Proceeds from issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$652.81K	USD	1 Quarter
Proceeds from issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$821.32K	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.92M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.98M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.22M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.11M	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.35M	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.66M	USD	1 Quarter
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.86M	USD	Point-in-time
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.90M	USD	Point-in-time
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.51M	USD	Point-in-time
BEGINNING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.23M	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.86M	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.90M	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.51M	USD	Point-in-time
ENDING CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.23M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Common stock issued (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	44,367.00	shares	1 Quarter
Common stock issued (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	31,245.00	shares	1 Quarter
Balance	`StockholdersEquity`	$93.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$100.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$103.54M	USD	Point-in-time
Balance	`StockholdersEquity`	$94.89M	USD	Point-in-time
Net income	`NetIncomeLoss`	$5.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.26M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.01M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-168.67K	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$2.03M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$1.96M	USD	1 Quarter
Net issuance of common stock (44,367 shares)	`StockIssuedDuringPeriodValueNewIssues`	$838.49K	USD	1 Quarter
Net issuance of common stock (44,367 shares)	`StockIssuedDuringPeriodValueNewIssues`	$668.98K	USD	1 Quarter
Balance	`StockholdersEquity`	$93.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$100.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$103.54M	USD	Point-in-time
Balance	`StockholdersEquity`	$94.89M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$5.02M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$3.26M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$183.30K	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.03M	USD	1 Quarter
Defined benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-14.63K	USD	1 Quarter
Defined benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-11.89K	USD	1 Quarter
OTHER COMPREHENSIVE LOSS, NET OF TAX	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.01M	USD	1 Quarter
OTHER COMPREHENSIVE LOSS, NET OF TAX	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-168.67K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$4.01M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$3.09M	USD	1 Quarter

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