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Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2020
Comprehensive Income Net Of Tax [Abstract]  
Other Comprehensive Income (Loss)

NOTE 19 – OTHER COMPREHENSIVE INCOME (LOSS)

The following table represents the detail of other comprehensive income (loss) for the years ended December 31, 2020, 2019 and 2018.

 

 

 

2020

 

 

 

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains (losses) on available-for-sale securities during the year

 

$

15,836

 

 

$

(3,970

)

 

$

11,866

 

Reclassification adjustment for gains included in net income (1)

 

 

430

 

 

 

(90

)

 

 

340

 

Net other comprehensive income (loss)

 

$

16,266

 

 

$

(4,060

)

 

$

12,206

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

 

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains (losses) on available-for-sale securities during the year

 

$

17,513

 

 

$

(3,666

)

 

$

13,847

 

Reclassification adjustment for gains included in net income (1)

 

 

11

 

 

 

(2

)

 

 

9

 

Net other comprehensive income (loss)

 

$

17,524

 

 

$

(3,668

)

 

$

13,856

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

Pre-tax

 

 

Tax

 

 

After-Tax

 

Unrealized holding gains (losses) on available-for-sale securities during the year

 

$

(5,343

)

 

$

1,110

 

 

$

(4,233

)

Reclassification adjustment for gains included in net income (1)

 

 

(283

)

 

 

59

 

 

 

(224

)

Net other comprehensive income (loss)

 

$

(5,626

)

 

$

1,169

 

 

$

(4,457

)

 

(1)

Pre-tax reclassification adjustments relating to available-for-sale securities are reported in security gains and the tax impact is included in income tax expense on the consolidated statements of income.