Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2019

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 six month period ended June 30, 2019 and 2018:

(Dollars in thousands)	Pretax			Tax Effect			After-tax
Three months ended June 30, 2019
Balance as of March 31, 2019	$	(1,022	)	$	214		$	(808	)
Unrealized holding gain on available-for-sale securities arising during the period		762			(160	)		602
Amortization of held-to-maturity discount resulting from transfer		15			(3	)		12
Total other comprehensive income		777			(163	)		614
Balance as of June 30, 2019	$	(245	)	$	51		$	(194	)
Six months ended June 30, 2019
Balance as of December 31, 2018	$	(1,786	)	$	374		$	(1,412	)
Unrealized holding gain on available-for-sale securities arising during the period		1,511			(317	)		1,194
Amortization of held-to-maturity discount resulting from transfer		30			(6	)		24
Total other comprehensive income		1,541			(323	)		1,218
Balance as of June 30, 2019	$	(245	)	$	51		$	(194	)
Three months ended June 30, 2018
Balance as of March 31, 2018	$	(2,165	)	$	454		$	(1,711	)
Unrealized holding loss on available-for-sale securities arising during the period		(156	)		33			(123	)
Amortization of held-to-maturity discount resulting from transfer		20			(4	)		16
Total other comprehensive loss		(136	)		29			(107	)
Balance as of June 30, 2018	$	(2,301	)	$	483		$	(1,818	)
Six months ended June 30, 2018
Balance as of December 31, 2017	$	(839	)	$	176		$	(663	)
Unrealized holding loss on available-for-sale securities arising during the period		(1,467	)		309			(1,158	)
Reclassify equity AOCI gain to retained earnings		(36	)		7			(29	)
Amortization of held-to-maturity discount resulting from transfer		41			(9	)		32
Total other comprehensive loss		(1,462	)		307			(1,155	)
Balance as of June 30, 2018	$	(2,301	)	$	483		$	(1,818	)