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ACCUMULATED OTHER COMPREHENSIVE INCOME
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
NOTE 23 – ACCUMULATED OTHER COMPREHENSIVE INCOME
 
Accumulated other comprehensive income for the Company consists of changes in net unrealized gains and losses on investment securities available for sale and interest rate swap derivatives. The reclassification for gains included in net income is recorded in net gains on sales of securities in the Consolidated Statements of Income. The following tables present a summary of the accumulated other comprehensive income balances, net of tax, as of December 31, 2015 and 2014.
 
 
 
 
 
 
 
Accumulated Other
 
 
 
Unrealized Gain (Loss)
 
Unrealized Gain (Loss)
 
Comprehensive Income
 
(Dollars in Thousands)
 
on Derivatives
 
on Securities
 
(Loss)
 
Balance, January 1, 2015
 
$
508
 
$
5,590
 
$
6,098
 
Reclassification for gains included in net income
 
 
-
 
 
(89)
 
 
(89)
 
Current year changes
 
 
(356)
 
 
(2,300)
 
 
(2,656)
 
Balance, December 31, 2015
 
$
152
 
$
3,201
 
$
3,353
 
 
 
 
 
 
 
 
Accumulated Other
 
 
 
Unrealized Gain (Loss)
 
Unrealized Gain (Loss)
 
Comprehensive Income
 
(Dollars in Thousands)
 
on Derivatives
 
on Securities
 
(Loss)
 
Balance, January 1, 2014
 
$
1,397
 
$
(1,691)
 
$
(294)
 
Reclassification for gains included in net income
 
 
-
 
 
(90)
 
 
(90)
 
Current year changes
 
 
(889)
 
 
7,371
 
 
6,482
 
Balance, December 31, 2014
 
$
508
 
$
5,590
 
$
6,098