Comprehensive Income (Loss)

3 Months Ended

Jun. 30, 2011

Comprehensive Income (Loss) [Abstract]

NOTE 11 - Comprehensive Income

The following table details the components of comprehensive income:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010

	(Dollars in thousands)
Net income	$	1,530	$	1,551	$	2,284	$	2,788
Other comprehensive income:
Amortization of net deferred losses on
cash flow hedge derivatives		46		40		104		82
Change in fair value of securities available for sale		20		20		16		20
Tax effect		(26)		(23)		(48)		(40)
Total other comprehensive income		40		37		72		62
Comprehensive income	$	1,570	$	1,588	$	2,356	$	2,850

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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