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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
12 Months Ended
Dec. 31, 2016
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 22 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

 

The following is changes in Accumulated Other Comprehensive Income (Loss) by component, net of tax, for the years ending December 31, 2016 and 2015 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

Gains and Losses on

 

 

 

Available for Sale

 

 

 

Securities

 

 

 

For the Year Ended December 31,

 

 

    

2016

    

2015

 

 

 

 

 

 

 

 

 

Beginning Balance

 

$

359

 

$

791

 

 

 

 

 

 

 

 

 

Unrealized holding gains (losses) for the period, net of tax

 

 

(1,126)

 

 

(160)

 

 

 

 

 

 

 

 

 

Less reclassification adjustment for:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities gains realized in income

 

 

287

 

 

412

 

Income taxes

 

 

(98)

 

 

(140)

 

 

 

 

189

 

 

272

 

 

 

 

 

 

 

 

 

Net current period other comprehensive income (loss)

 

 

(1,315)

 

 

(432)

 

 

 

 

 

 

 

 

 

Ending balance

 

$

(956)

 

$

359