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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
NOTE 8 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 
Accumulated other comprehensive income (loss) for the Company consists of changes in net unrealized gains and losses on investment securities available for sale and interest rate swap derivatives. The reclassification for gains included in net income is recorded in gain (loss) on securities in the consolidated statement of income and comprehensive income. The following tables present a summary of the accumulated other comprehensive income (loss) balances, net of tax, as of June 30, 2020 and 2019:
(dollars in thousands)
Unrealized
Gain (Loss)
on Derivatives
Unrealized
Gain (Loss)
on Securities
Accumulated
Other Comprehensive
Income (Loss)
Balance, January 1, 2020$(147) $18,142  $17,995  
Reclassification for gains included in net income, net of tax—  —  —  
Current year changes, net of tax14  21,604  21,618  
Balance, June 30, 2020$(133) $39,746  $39,613  

(dollars in thousands) 
Unrealized
Gain (Loss)
on Derivatives
Unrealized
Gain (Loss)
on Securities
Accumulated
Other Comprehensive
Income (Loss)
Balance, January 1, 2019$351  $(5,177) $(4,826) 
Reclassification for gains included in net income, net of tax—  (94) (94) 
Current year changes, net of tax(412) 21,794  21,382  
Balance, June 30, 2019$(61) $16,523  $16,462