Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2021

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 months ended September 30, 2021 and 2020:

(Dollars in thousands)	Pretax			Tax Effect			After-tax
Three Months Ended September 30, 2021
Balance as of June 30, 2021	$	(677	)	$	142		$	(535	)
Unrealized holding loss on available-for-sale securities arising during    the period		(831	)		175			(656	)
Amortization of held-to-maturity discount resulting from transfer		11			(3	)		8
Total other comprehensive (loss)		(820	)		172			(648	)
Balance as of September 30, 2021	$	(1,497	)	$	314		$	(1,183	)
Nine Months Ended September 30, 2021
Balance, beginning of period	$	1,249		$	(263	)	$	986
Unrealized holding loss on available-for-sale securities arising during    the period		(2,790	)		586			(2,204	)
Amortization of held-to-maturity discount resulting from transfer		44			(9	)		35
Total other comprehensive loss		(2,746	)		577			(2,169	)
Balance as of September 30, 2021	$	(1,497	)	$	314		$	(1,183	)
Three Months ended September 30, 2020
Balance as of June 30, 2020	$	1,279		$	(269	)	$	1,010
Unrealized holding loss on available-for-sale securities arising during    the period		(202	)		43			(159	)
Amortization of held-to-maturity discount resulting from transfer		17			(4	)		13
Total other comprehensive (loss)		(185	)		39			(146	)
Balance as of September 30, 2020	$	1,094		$	(230	)	$	864
Nine Months Ended September 30, 2020
Balance, beginning of period	$	92		$	(20	)	$	72
Unrealized holding gain on available-for-sale securities arising during    the period		955			(200	)		755
Amortization of held-to-maturity discount resulting from transfer		47			(10	)		37
Total other comprehensive income		1,002			(210	)		792
Balance as of September 30, 2020	$	1,094		$	(230	)	$	864