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ACCUMULATED OTHER COMPREHENSIVE INCOME
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME

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, 2014 and 2013:

 

(Dollars in Thousands)

   Unrealized Gain (Loss)
on Derivatives
    Unrealized Gain (Loss)
on Securities
    Accumulated Other
Comprehensive Income
(Loss)
 

Balance, January 1, 2014

   $ 1,397      $ (1,691   $ (294

Reclassification for gains included in net income

     —          (90     (90

Current year changes

     (489     4,847        4,358   
  

 

 

   

 

 

   

 

 

 

Balance, September 30, 2014

   $ 908      $ 3,066      $ 3,974   
  

 

 

   

 

 

   

 

 

 

 

(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