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ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
9 Months Ended
Sep. 30, 2017
AOCI Attributable to Parent [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables present changes in Accumulated Other Comprehensive Income (Loss), net of tax, for the three and nine months ended September 30, 2017 and 2016:





 

 

 

 

 

 



 

 

 

 

 

 

For the three months ended September 30,

 

 

Available for sale securities

(In thousands)

 

2017

 

2016



 

 

 

 

 

 

Beginning balance

 

$

(73)

 

$

427 



 

 

 

 

 

 

Net change in other comprehensive income (loss) before reclassification, net of tax

 

 

26 

 

 

(56)



 

 

 

 

 

 

 Amounts reclassified from accumulated other comprehensive income

 

 

 -

 

 

 -



 

 

 

 

 

 

       Net current period other comprehensive income (loss)

 

 

26 

 

 

(56)

Ending balance

 

$

(47)

 

$

371 





NOTE 7 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (continued)







 

 

 

 

 

 



 

 

 

 

 

 

For the nine months ended September 30,

 

 

Available for sale securities

(In thousands)

 

2017

 

2016



 

 

 

 

 

 

Beginning balance

 

$

(165)

 

$

16 



 

 

 

 

 

 

Net change in other comprehensive income before reclassification, net of tax

 

 

118 

 

 

378 



 

 

 

 

 

 

 Amounts reclassified from accumulated other comprehensive loss

 

 

 -

 

 

(23)



 

 

 

 

 

 

Net current period other comprehensive income

 

 

118 

 

 

355 

Ending balance

 

$

(47)

 

$

371 



Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2017, and 2016.  There were no reclassifications out of accumulated other comprehensive income (loss) for the three months ended September 30, 2017.







 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

For the nine months ended September 30,

 

 

 

 

(In thousands)

 

2017

 

2016

 

Affected Line item in the Consolidated Statements of Income

Realized gain on sale of available for sale securities

 

$

 -

 

$

40 

 

Net gains on sales of securities

Income tax expense

 

 

 -

 

 

(17)

 

Income tax expense

Total reclassifications, net of income tax

 

$

 -

 

$

23