INCOME TAX EFFECTS ON ITEMS OF COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2013

Income Tax Effects On Items Of Comprehensive Income Loss

INCOME TAX EFFECTS ON ITEMS OF COMPREHENSIVE INCOME (LOSS)

NOTE 10 – INCOME TAX EFFECTS ON ITEMS OF COMPREHENSIVE INCOME (LOSS)

	Three Months Ended
	March 31, 2013
Period ended March 31, 2013		Pre-tax			Income Tax
(dollars in thousands)		Inc. (Exp.)			Exp. (Credit)
Unrealized loss on securities available for sale		$	(219	)	$	(93	)
Reclassification adjustment for gain included in net income			(12	)		(5	)
Amortization of unrealized gain on securities available for sale transferred
to securities held to maturity included in net income			(112	)		(44	)
Unrealized gain on interest rate swap			8			1
Reclassification adjustment of interest rate swap settlements included in earnings			45			18
Totals		$	(290	)	$	(123	)

	Three Months Ended
	March 31, 2012
Period ended March 31, 2012		Pre-tax			Income Tax
(dollars in thousands)		Inc. (Exp.)			Exp. (Credit)
Unrealized gain on securities available for sale			4			2
Amortization of unrealized gain on securities available for sale transferred
to securities held to maturity included in net income			(117	)		(46	)
Unrealized loss on interest rate swap			(17	)		(7	)
Reclassification adjustment of interest rate swap settlements included in earnings			41			16
Totals		$	(89	)	$	(35	)