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Other Comprehensive Income
 9 Months Ended
Sep. 30, 2016
Other Comprehensive Income [Abstract]  
Other Comprehensive Income
OTHER COMPREHENSIVE  INCOME 
 
Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income.  Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income.

The components of other comprehensive income, both before tax and net of tax, are as follows:
໿

Three Months Ended September 30, 2016
 
Three Months Ended September 30, 2015

Before Tax
 
Tax Effect
 
Net of Tax
 
Before Tax
 
Tax Effect
 
Net of Tax
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) on available for sale securities
$
(575
)
 
$
(230
)
 
$
(345
)
 
$
1,024

 
$
409

 
$
615

Fair value adjustments on derivatives
190

 
75

 
115

 
—

 
—

 
—

Reclassification adjustment for net gains on securities transactions included in net income
(89
)
 
(35
)
 
(54
)
 
(11
)
 
(4
)
 
(7
)
Total other comprehensive income
$
(474
)
 
$
(190
)
 
$
(284
)
 
$
1,013

 
$
405

 
$
608



Nine Months Ended September 30, 2016
 
Nine Months Ended September 30, 2015

Before Tax
 
Tax Effect
 
Net of Tax
 
Before Tax
 
Tax Effect
 
Net of Tax
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains on available for sale securities
$
1,986

 
$
794

 
$
1,192

 
$
174

 
$
70

 
$
104

Fair value adjustments on derivatives
(1,359
)
 
(544
)
 
(815
)
 
—

 
—

 
—

Reclassification adjustment for net gains on securities transactions included in net income
(361
)
 
(144
)
 
(217
)
 
(267
)
 
(107
)
 
(160
)
Total other comprehensive income
$
266

 
$
106

 
$
160

 
$
(93
)
 
$
(37
)
 
$
(56
)