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Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 19. 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 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

 

 

3,136

 

 

21

 

 

3,157

Balance, December 31, 2019

 

$

218

 

$

(11)

 

$

207

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2017

 

$

(1,255)

 

$

(54)

 

$

(1,309)

Cumulative effect adjustment (ASU 2016-01)

 

 

 6

 

 

 —

 

 

 6

Other comprehensive income (loss)

 

 

(1,669)

 

 

22

 

 

(1,647)

Balances, December 31, 2018

 

$

(2,918)

 

$

(32)

 

$

(2,950)