Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2020

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 periods ended June 30, 2020 and 2019:

(Dollars in thousands)	Pretax			Tax Effect			After-tax
Three months ended June 30, 2020
Balance as of  March 31, 2020	$	646		$	(136	)	$	510
Unrealized holding gain on available-for-sale securities arising during    the period		617			(130	)		487
Amortization of held-to-maturity discount resulting from transfer		16			(3	)		13
Total other comprehensive income		633			(133	)		500
Balance as of June 30, 2020	$	1,279		$	(269	)	$	1,010
Six months ended June 30, 2020
Balance as of  December 31, 2019	$	92		$	(20	)	$	72
Unrealized holding gain on available-for-sale securities arising during    the period		1,157			(243	)		914
Amortization of held-to-maturity discount resulting from transfer		30			(6	)		24
Total other comprehensive income		1,187			(249	)		938
Balance as of June 30, 2020	$	1,279		$	(269	)	$	1,010
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 loss 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 loss		1,541			(323	)		1,218
Balance as of June 30, 2019	$	(245	)	$	51		$	(194	)