Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2016

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

Note 8 – Accumulated Other Comprehensive Income

The Company records unrealized holding gains (losses), net of tax, on investment securities available for sale 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, 2016 and 2015.

	Accumulated net
	unrealized holding		Total accumulated
	gains (losses) on		other
	available for sale		comprehensive
(Dollars in thousands)	securities		income(loss)
Balance, December 31, 2015	$	(71)	$	(71)
Other comprehensive income		1,566		1,566
Reclassification of (gains) recognized		(18)		(18)
Balance, September 30, 2016	$	1,477	$	1,477
Balance, December 31, 2014	$	316	$	316
Other comprehensive income		491		491
Balances, September 30, 2015	$	807	$	807