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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net earnings [1],[2],[3],[4] $ 2,205 $ 2,393 [5]
Net unrealized holding gains on available-for-sale securities 522 3,390
Less reclassification adjustment for net gains included in earnings (147) (12)
Net unrealized gains 375 3,378
Income tax effect on net gains included in earnings 54 4
Income tax effect on net unrealized holding gains (200) (1,257)
Other comprehensive income 229 2,125
Total comprehensive income $ 2,434 $ 4,518
[1] Income tax expense, net earnings and diluted earnings per share for the period ended March 31, 2016 have been recast to reflect the early adoption of Accounting Standards Update ("ASU") 2016-09.
[2] Net earnings and proceeds from the exercise of stock options for the period ended March 31, 2016 have been recast to reflect the early adoption of ASU 2016-09.
[3] Net earnings for the period ended March 31, 2016 have been recast to reflect the early adoption of ASU 2016-09.
[4] Net earnings, earnings per share and assumed exercise of stock options for the period ended March 31, 2016 have been recast to relect the early adoption of ASU 2016-09.
[5] Net earnings and exercise of stock options for the period ended March 31, 2016 have been recast to reflect the early adoption of ASU 2016-09.