Note 16 - Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2014

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Note 16 – Accumulated Other Comprehensive Income

The following shows the components of accumulated other comprehensive income during the periods ended December 31, 2014 and 2013:

Year ended December 31,	2014			2013
Unrealized net holding gains (losses) on available-for-sale securities	$	1,975		$	(4,281	)
Unrealized losses on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings		(600	)		(889	)
Accumulated other comprehensive income (loss)		1,375			(5,170	)
Tax effect		(468	)		1,758
Accumulated other comprehensive income (loss), net of tax	$	907		$	(3,412	)

The following table presents amounts reclassified out of accumulated other comprehensive income for the years ended December 31, 2014 and 2013:

	Amount reclassified from accumulated other comprehensive income
Details about accumulated other comprehensive income	2014			2013			Affected line item in the statement of income
Unrealized net holding gains on available-for-sale securities	$	1,112		$	867		Net gain on sale of investment securities
Other-than-temporary impairment losses on investment securities		-			(43	)	Net other-than-temporary impairment losses on investment securities
		1,112			824
Tax effect		(378	)		(280	)	Provision for income taxes
Total reclass out of accumulated other comprehensive income, net of tax	$	734		$	544		Net of tax