Other Comprehensive Income

9 Months Ended

Sep. 30, 2015

Other Comprehensive Income [Abstract]

Other Comprehensive Income

Note 8. Other Comprehensive Income

A component of the Company's other comprehensive income, in addition to net income from operations, is the recognition of the unrealized gains and losses on available for sale securities, net of income taxes. Reclassifications of realized gains and losses on available for sale securities are reported in the income statement as “Gains on sales of securities” with the corresponding income tax effect reflected as a component of income tax expense. Amounts reclassified out of accumulated other comprehensive income are presented below for the three and nine months ended September 30, 2015 and 2014 (dollars in thousands):

	Three Months Ended						Nine Months Ended
	September 30, 2015				September 30, 2014		September 30, 2015			September 30, 2014
Available for sale securities
Realized gains on sales of securities	$	23		$		-	$	69		$	16
Tax effect		(8	)			-		(23	)		(5	)
Realized gains, net of tax	$	15		$		-	$	46		$	11