10. OTHER COMPREHENSIVE INCOME
The tax effects allocated to each component of other comprehensive income were as follows:
|
|
Three Months Ended March 31, |
|
|
|
2020 |
|
|
2019 |
|
|
|
Before Tax Amount |
|
|
Tax Effect |
|
|
Net of Tax Amount |
|
|
Before Tax Amount |
|
|
Tax Effect |
|
|
Net of Tax Amount |
|
|
|
(Dollars in thousands) |
|
Other comprehensive (loss) income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Securities available for sale: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in unrealized gain during period |
|
$ |
(4,183 |
) |
|
$ |
878 |
|
|
$ |
(3,305 |
) |
|
$ |
503 |
|
|
$ |
(106 |
) |
|
$ |
397 |
|
Total securities available for sale |
|
|
(4,183 |
) |
|
|
878 |
|
|
|
(3,305 |
) |
|
|
503 |
|
|
|
(106 |
) |
|
|
397 |
|
Total other comprehensive (loss) income |
|
$ |
(4,183 |
) |
|
$ |
878 |
|
|
$ |
(3,305 |
) |
|
$ |
503 |
|
|
$ |
(106 |
) |
|
$ |
397 |
|
Activity in accumulated other comprehensive income associated with securities available for sale, net of tax, was as follows:
|
|
Securities Available for Sale |
|
|
Accumulated Other Comprehensive Income |
|
|
|
(Dollars in thousands) |
|
Balance at December 31, 2019 |
|
$ |
602 |
|
|
$ |
602 |
|
Other comprehensive loss |
|
|
(3,305 |
) |
|
|
(3,305 |
) |
Balance at March 31, 2020 |
|
$ |
(2,703 |
) |
|
$ |
(2,703 |
) |
|
|
|
|
|
|
|
|
|
Balance at December 31, 2018 |
|
$ |
310 |
|
|
$ |
310 |
|
Other comprehensive income |
|
|
397 |
|
|
|
397 |
|
Balance at March 31, 2019 |
|
$ |
707 |
|
|
$ |
707 |
|
|