NOTE 9 – ACCUMULATED OTHER COMPREHENSIVE INCOME

Accumulated other comprehensive income for the Company consists of changes in net unrealized gains and losses on investment securities available for sale and interest rate swap derivatives. The following tables present a summary of the accumulated other comprehensive income balances, net of tax, as of September 30, 2013 and 2012.


(Dollars in Thousands)	Unrealized Gain (Loss) on Derivatives			Unrealized Gain (Loss) on Securities			Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2013	$	(23	)	$	6,630		$	6,607
Reclassification for gains included in net income		—			(111	)		(111	)
Current year changes		1,098			(8,125	)		(7,027	)

Balance, September 30, 2013	$	1,075		$	(1,606	)	$	(531	)


(Dollars in Thousands)	Unrealized Gain (Loss) on Derivatives			Unrealized Gain (Loss) on Securities		Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2012	$	856		$	6,440	$	7,296
Reclassification for gains included in net income		—			—		—
Current year changes		(976	)		1,017		41

Balance, September 30, 2012	$	(120	)	$	7,457	$	7,337