INCOME TAX EFFECTS ON ITEMS OF COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 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							Six Months Ended
	June 30, 2013							June 30, 2013
Period ended June 30, 2013		Pre-tax			Income Tax			Pre-tax			Income Tax
(dollars in thousands)		Inc. (Exp.)			Exp. (Credit)			Inc. (Exp.)			Exp. (Credit)
Unrealized loss on securities available for sale		$	(642	)	$	(253	)	$	(861	)	$	(346	)
Reclassification adjustment for security 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			(210	)		(87	)		(322	)		(131	)
Unrealized gain on interest rate swap			129			52			137			53
Reclassification adjustment of interest rate swap settlements included in earnings			47			18			92			36
Totals		$	(676	)	$	(270	)	$	(966	)	$	(393	)

	Three Months Ended							Six Months Ended
	June 30, 2012							June 30, 2012
Period ended June 30, 2012		Pre-tax			Income Tax			Pre-tax			Income Tax
(dollars in thousands)		Inc. (Exp.)			Exp. (Credit)			Inc. (Exp.)			Exp. (Credit)
Unrealized loss on securities available for sale		$	(126	)	$	(50	)	$	(130	)	$	(56	)
Amortization of unrealized gain on securities available for sale transferred
to securities held to maturity included in net income			(119	)		(46	)		(236	)		(92	)
Unrealized loss on interest rate swap			(170	)		(67	)		(186	)		(73	)
Reclassification adjustment of interest rate swap settlements included in earnings			43			17			84			33
Totals		$	(372	)	$	(146	)	$	(468	)	$	(188	)