Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2019

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

Note 11 – 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, 2019 and 2018.

			Unrealized gains
			(losses) on securities
	Unrealized		transferred from		Accumulated
	gains (losses) on		Available-for-sale		other
	available for sale		to		comprehensive
(Dollars in thousands)	securities		Held-to-maturity		income (loss)
Balance, December 31, 2018	$	(2,918)	$	(32)	$	(2,950)
Other comprehensive income		2,967		16		2,983
Balance, September 30, 2019	$	49	$	(16)	$	33
Balance, December 31, 2017	$	(1,255)	$	(54)	$	(1,309)
Cumulative effect adjustment (ASU 2016-01)		6		—		6
Other comprehensive income (loss)		(2,778)		15		(2,763)
Balances, September 30, 2018	$	(4,027)	$	(39)	$	(4,066)