Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

NOTE 7- ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the changes in accumulated other comprehensive income (loss) by component net of tax for the three and nine month periods ended September 30, 2017 and 2016:

(Dollars in thousands)	Pretax			Tax Effect			After-tax
Three months ended September 30, 2017
Balance as of June 30, 2017	$	121		$	(43	)	$	78
Unrealized holding gain on available-for-sale securities arising during the period		(255	)		87			(168	)
Reclassify gain included in income		—			—			—
Amortization of held-to-maturity discount resulting from transfer		27			(9	)		18
Total other comprehensive income (loss)		(228	)		78			(150	)
Balance as of September 30, 2017	$	(107	)	$	35		$	(72	)
Nine months ended September 30, 2017
Balance as of December 31, 2016	$	(1,323	)	$	449		$	(874	)
Unrealized holding gain on available-for-sale securities arising during the period		1,132			(385	)		747
Reclassify gain included in income		—			—			—
Amortization of held-to-maturity discount resulting from transfer		84			(29	)		55
Total other comprehensive income (loss)		1,216			(414	)		802
Balance as of September 30, 2017	$	(107	)	$	35		$	(72	)
Three months ended September 30, 2016
Balance as of June 30, 2016	$	1,012		$	(344	)	$	668
Unrealized holding gain on available-for-sale securities arising during the period		128			(43	)		85
Reclassify gain included in income		(1	)		—			(1	)
Amortization of held-to-maturity discount resulting from transfer		175			(60	)		115
Total other comprehensive income (loss)		302			(103	)		199
Balance as of September 30, 2016	$	1,314		$	(447	)	$	867
Nine months ended September 30, 2016
Balance as of December 31, 2015	$	(631	)	$	214		$	(417	)
Unrealized holding gain on available-for-sale securities arising during the period		1,455			(494	)		961
Reclassify gain included in income		(1	)		—			(1	)
Amortization of held-to-maturity discount resulting from transfer		491			(167	)		324
Total other comprehensive income (loss)		1,945			(661	)		1,284
Balance as of September 30, 2016	$	1,314		$	(447	)	$	867