Note 7 - Other Comprehensive Income

3 Months Ended

Mar. 31, 2013

Comprehensive Income (Loss) Note [Text Block]

7.  Other Comprehensive Income

           The following table presents the components of other comprehensive income (loss) for the three months ended March 31, 2013 and 2012.

(dollars in thousands)	Before Tax			Tax Effect			Net of Tax
Three Months Ended March 31, 2013
Net unrealized loss on securities available-for-sale:
Net unrealized loss on securities available-for-sale	$	(1,579	)	$	(635	)	$	(944	)
Less: Reclassification adjustment for net gains included in net income		(23	)		(10	)		(13	)
Other Comprehensive Income (Loss)	$	(1,602	)	$	(645	)	$	(957	)
Three Months Ended March 31, 2012
Net unrealized gain on securities available-for-sale:
Net unrealized gain on securities available-for-sale	$	179		$	65		$	114
Less: Reclassification adjustment for net gains included in net income		(153	)		(61	)		(92	)
Other Comprehensive Income Gain	$	26		$	4		$	22

The following table presents the changes in each component of accumulated other comprehensive income, net of tax, for the three months ended March 31, 2013 and 2012.

(dollars in thousands)	Securities Available For Sale			Accumulated Other Comprehensive Income
Balance January 1, 2013	$	5,465		$	5,465
Other comprehensive income (loss) before reclassifications		(944	)		(944	)
Amounts reclassified from accumulated other comprehensive income		(13	)		(13	)
Net other comprehensive income (loss) during period		(957	)		(957	)
Balance March 31, 2013	$	4,508		$	4,508

(dollars in thousands)	Securities Available For Sale			Accumulated Other Comprehensive Income
Balance January 1, 2012	$	4,875		$	4,875
Other comprehensive income (loss) before reclassifications		114			114
Amounts reclassified from accumulated other comprehensive income		(92	)		(92	)
Net other comprehensive income (loss) during period		22			22
Balance March 31, 2012	$	4,897		$	4,897

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income for the three months ended March 31, 2013 and 2012.

Details about Accumulated Other Comprehensive Income Components (dollars in thousands)	Amount Reclassified from Accumulated Other Comprehensive Income			Affected Line Item in the Statement Where Net Income is Presented
Realized gain on sale of investment securities	$	(23	)	Gain on sale of investment securities
		(10	)	Tax Expense
Total Reclassifications for the Period Ended March 31, 2013	$	(13	)	Net of Tax
Realized gain on sale of investment securities	$	(153	)	Gain on sale of investment securities
		(61	)	Tax Expense
Total Reclassifications for the Period Ended March 31, 2012	$	(92	)	Net of Tax