ACCUMULATED OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 2016

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

NOTE 10 – 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 following tables present a summary of the accumulated other comprehensive income balances, net of tax, as of June 30, 2016 and 2015:

(Dollars in Thousands)	Unrealized Gain (Loss) on Derivatives		Unrealized Gain (Loss) on Securities		Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2016	$	152	$	3,201	$	3,353
Reclassification for gains included in net income, net of tax		-		(61)		(61)
Current year changes, net of tax		(808)		10,476		9,668
Balance, June 30, 2016	$	(656)	$	13,616	$	12,960

(Dollars in Thousands)	Unrealized Gain (Loss) on Derivatives		Unrealized Gain (Loss) on Securities		Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2015	$	508	$	5,590	$	6,098
Reclassification for gains included in net income, net of tax		-		(14)		(14)
Current year changes, net of tax		(131)		(2,881)		(3,012)
Balance, June 30, 2015	$	377	$	2,695	$	3,072