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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net income $ 2,390 $ 2,206 $ 4,191 $ 2,771
Available-for-sale securities:        
Unrealized (losses) gains arising during the period (1,544) 1,895 (797) 4,725
Reclassification adjustments for net (loss) gain realized in earnings (net of tax (benefit) expense of $(26) and $16 for the three months ended June 30, 2015 and 2014, respectively, and net of tax (benefit) expense of $(116) and $117 for the six months ended June 30, 2015 and 2014, respectively) (35) 23 (160) 167
Income tax benefit (expense) related to unrealized (losses) gains 635 (780) 328 (1,945)
Net change in unrealized gains (944) 1,138 (629) 2,947
Held-to-maturity securities:        
Accretion of held-to-maturity other comprehensive income to municipal yield (23) (23) (46) (46)
Net change in unrealized losses (23) (23) (46) (46)
Derivatives:        
Unrealized losses arising during the period (130) (474) (460) (529)
Reclassification adjustments for net loss (gain) realized in earnings (net of tax benefit (expense) of $124 and $(711) for the three months ended June 30, 2015 and 2014, respectively and net of tax benefit (expense) of $245 and $(775) for the six months ended June 30, 2015 and 2014, respectively) 177 (1,017) 350 (1,105)
Income tax benefit related to unrealized losses 53 195 189 218
Net change in unrealized losses 100 (1,296) 79 (1,416)
Other comprehensive (loss) income (867) (181) (596) 1,485
Comprehensive income – Bank of Commerce Holdings $ 1,523 $ 2,025 $ 3,595 $ 4,256