Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income

NOTE 23 – 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 reclassification for gains included in net income is recorded in net gains on sales of securities in the Consolidated Statements of Income. The following tables present a summary of the accumulated other comprehensive income balances, net of tax, as of December 31, 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			(889)			7,371			6,482
Balance, December 31, 2014		$	508		$	5,590		$	6,098
(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			1,420			(8,210)			(6,790)
Balance, December 31, 2013		$	1,397		$	(1,691)		$	(294)