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Other Comprehensive Income
6 Months Ended
Jun. 30, 2020
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]  
Comprehensive Income (Loss) Note [Text Block] Other Comprehensive Income
Accounting principles generally require recognized revenue, expenses, gains and losses be included in net income or loss. Certain changes in assets and liabilities, such as the after tax effect of unrealized gains and losses on investment securities AFS that are not OTTI, are not reflected in the consolidated statements of income. The cumulative effect of such items, net of tax effect, is reported as a separate component of the equity section of the consolidated balance sheets (Accumulated OCI). OCI, along with net income, comprises the Company's total comprehensive income or loss.
As of the balance sheet dates, the components of Accumulated OCI, net of tax, were:
June 30, 2020December 31, 2019
 (Dollars in thousands)
Net unrealized gain on investment securities available-for-sale$2,717  $986  
The following tables disclose the tax effects allocated to each component of OCI for the three and six months ended June 30:
 Three Months Ended
June 30, 2020June 30, 2019
Before-Tax AmountTax (Expense) BenefitNet-of-Tax AmountBefore-Tax AmountTax (Expense) BenefitNet-of-Tax Amount
Investment securities available-for-sale:(Dollars in thousands)
Net unrealized holding gains arising during the period on investment securities available-for-sale$830  $(174) $656  $1,023  $(215) $808  
Reclassification adjustment for net gains on investment securities available-for-sale realized in net income—  —  —  (4)  (3) 
Total other comprehensive income$830  $(174) $656  $1,019  $(214) $805  
 Six Months Ended
June 30, 2020June 30, 2019
Before-Tax AmountTax (Expense) BenefitNet-of-Tax AmountBefore-Tax AmountTax (Expense) BenefitNet-of-Tax Amount
Investment securities available-for-sale:(Dollars in thousands)
Net unrealized holding gains arising during the period on investment securities available-for-sale$2,202  $(462) $1,740  $2,217  $(466) $1,751  
Reclassification adjustment for net gains on investment securities available-for-sale realized in net income(11)  (9) (8)  (6) 
Total other comprehensive income$2,191  $(460) $1,731  $2,209  $(464) $1,745  
The following table discloses information concerning reclassification adjustments from OCI for the three and six months ended June 30, 2020 and 2019:
Three Months EndedSix Months Ended
Reclassification Adjustment DescriptionJune 30, 2020June 30, 2019June 30, 2020June 30, 2019Affected Line Item in
Consolidated Statement of Income
(Dollars in thousands)
Investment securities available-for-sale:
Net gains on investment securities available-for-sale$—  $(4) $(11) $(8) Net gains on sales of investment securities available-for-sale
Tax expense—     Provision for income taxes
Total reclassifications$—  $(3) $(9) $(6) Net income