Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Note 23: Accumulated Other Comprehensive Income (Loss)

The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2019, 2018 and 2017.

	Before Tax		Tax Effect		Net of Tax
Year Ended December 31, 2019
Net Unrealized Gain on Available for Sale Securities	$	9,514	$	(1,998)	$	7,516
Less: Reclassification Adjustment for Net Gains Included in Net Income		(516)		109		(407)
Total Unrealized Gain		8,998		(1,889)		7,109
Net Unrealized Loss on Cash Flow Hedge		(962)		202		(760)
Less: Reclassification Adjustment for Gains Included in Net Income		(9)		2		(7)
Total Unrealized Loss		(971)		204		(767)
Other Comprehensive Gain	$	8,027	$	(1,685)	$	6,342
Year Ended December 31, 2018
Net Unrealized Loss on Available for Sale Securities	$	(3,804)	$	852	$	(2,952)
Less: Reclassification Adjustment for Net Losses Included in Net Income		125		(26)		99
Total Unrealized Loss		(3,679)		826		(2,853)
Net Unrealized Gain on Cash Flow Hedge		9		(2)		7
Less: Reclassification Adjustment for Gains Included in Net Income		—		—		—
Total Unrealized Gain		9		(2)		7
Other Comprehensive Loss	$	(3,670)	$	824	$	(2,846)
Year Ended December 31, 2017
Net Unrealized Gain on Available for Sale Securities	$	6,354	$	(2,236)	$	4,118
Less: Reclassification Adjustment for Net Losses Included in Net Income		250		(88)		162
Total Unrealized Gain		6,604		(2,324)		4,280
Net Unrealized Gain on Cash Flow Hedge		121		(42)		79
Less: Reclassification Adjustment for Gains Included in Net Income		—		—		—
Total Unrealized Gain		121		(42)		79
Other Comprehensive Income	$	6,725	$	(2,366)	$	4,359

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2019, 2018 and 2017.

					Accumulated
	Available For				Other Comprehensive
	Sale Securities		Cash Flow Hedge		Income (Loss)
Year Ended December 31, 2019
Balance at Beginning of Year	$	(1,846)	$	278	$	(1,568)
Other Comprehensive Income (Loss) Before Reclassifications		7,516		(760)		6,756
Amounts Reclassified from Accumulated Other Comprehensive Income		(407)		(7)		(414)
Net Other Comprehensive Income During Period		7,109		(767)		6,342
Balance at End of Year	$	5,263	$	(489)	$	4,774
Year Ended December 31, 2018
Balance at Beginning of Year	$	860	$	224	$	1,084
Reclassification of the Income Tax Effects of the Tax Cuts and Jobs Act		147		47		194
Other Comprehensive Income (Loss) Before Reclassifications		(2,952)		7		(2,945)
Amounts Reclassified from Accumulated Other Comprehensive Income		99		—		99
Net Other Comprehensive Income During Period		(2,853)		7		(2,846)
Balance at End of Year	$	(1,846)	$	278	$	(1,568)
Year Ended December 31, 2017
Balance at Beginning of Year	$	(3,420)	$	145	$	(3,275)
Other Comprehensive Income (Loss) Before Reclassifications		4,118		79		4,197
Amounts Reclassified from Accumulated Other Comprehensive Income		162		—		162
Net Other Comprehensive Income During Period		4,280		79		4,359
Balance at End of Year	$	860	$	224	$	1,084