Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income

NOTE 16 – ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents the changes in accumulated other comprehensive (loss) income by component net of tax for the years ended December 31, 2015 and 2014.

(Dollars in thousands)	Pretax			Tax Effect			After-Tax			Affected Line Item in the Consolidated Statements of Income
Balance as of December 31, 2014	$	(427	)	$	145		$	(282	)
Unrealized holding loss on available-for-sale securities arising during the period		(551	)		187			(364	)
Amount reclassified for net gains included in net income		(56	)		19			(37	)	(a) (b)
Amortization of held-to-maturity discount resulting from transfer		403			(137	)		266
Total other comprehensive loss		(204	)		69			(135	)
BALANCE AS OF DECEMBER 31, 2015	$	(631	)	$	214		$	(417	)
Balance as of December 31, 2013	$	(2,207	)	$	751		$	(1,456	)
Unrealized holding gain on available-for-sale securities arising during the period		1,612			(549	)		1,063
Amount reclassified for net gains included in net income		(133	)		45			(88	)	(a) (b)
Amortization of held-to-maturity discount resulting from transfer		301			(102	)		199
Total other comprehensive income		1,780			(606	)		1,174
BALANCE AS OF DECEMBER 31, 2014	$	(427	)	$	145		$	(282	)

(a) Securities gain, net.

(b) Federal income tax provision.