Note 5 - Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

5. Accumulated Other Comprehensive Income

The following table sets forth our changes in accumulated other comprehensive income (“AOCI”):

	Three Months Ended
	March 31,
	2019		2018
	(Dollars in thousands)
Beginning balance 1	$	-	$	3,992
Adoption of accounting standards		-		(3,992	)
Ending balance	$	-	$	-

__________________________________________________

   

(

1

)

Amounts net-of-tax.

During the

first

quarter of

2018,

an election was made to reclassify the income tax effects of the Tax Cuts and Jobs Act related to net unrealized gains on equity investments from accumulated other comprehensive income to retained earnings.