Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2013

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Note 8 – Accumulated Other Comprehensive Income

The Company records unrealized holding gains (losses), net of tax, on investment securities available for sale and on cash flow hedging activities as accumulated other comprehensive income (loss), a separate component of stockholders’ equity. The following table provides information on the changes in the components of accumulated other comprehensive income (loss) for the nine months ended September 30, 2013 and 2012.

(Dollars in thousands)	Accumulated net unrealized holding gains (losses) on available for sale securities		Accumulated net unrealized holding gains (losses) on cash flow hedging activities		Accumulated other comprehensive income (loss)
Balance, December 31, 2012	$	1,894	$	(1,186)	$	708
Other comprehensive (loss) income		(1,889)		407		(1,482)
Reclassification of (gains) losses recognized		(545)		779		234
Balance, September 30, 2013	$	(540)	$	-	$	(540)
Balance, December 31, 2011	$	1,370	$	(3,059)	$	(1,689)
Other comprehensive income		910		751		1,661
Reclassification of gains recognized		(166)		-		(166)
Balance, September 30, 2012	$	2,114	$	(2,308)	$	(194)