Note 6 - Other Comprehensive Income

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

6.

COMPREHENSIVE INCOME

The following shows the components of accumulated other comprehensive (loss) income at June 30, 2016 and December 31, 2015:

	June 30, 2016			December 31, 2015
Unrealized net holding gains (losses) on available-for-sale securities	$	4,965		$	(568	)
Unrealized losses on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings		(307	)		(259	)
Accumulated other comprehensive income (loss)		4,658			(827	)
Tax effect		(1,584	)		281
Accumulated other comprehensive income (loss), net of tax	$	3,074		$	(546	)

The following tables present amounts reclassified out of accumulated other comprehensive (loss) income for the three and six months ended June 30, 2016 and 2015:

Three months ended June 30,	Amount reclassified from accumulated other comprehensive income
Details about accumulated other comprehensive income	2016			2015			Affected line item in the statement of income
Unrealized net holding gains on available-for-sale securities	$	137		$	214		Net gain on sale of investment securities
Other-than-temporary impairment losses on investment securities		(122	)		-		Net other-than-temporary impairment losses on investment securities
		15			214
Tax effect		(5	)		(73	)	Provision for income taxes
Total reclass out of accumulated other comprehensive income, net of tax	$	10		$	141		Net of tax
Six months ended June 30,	Amount reclassified from accumulated other comprehensive income
Details about accumulated other comprehensive income	2016			2015			Affected line item in the statement of income
Unrealized net holding gains on available-for-sale securities	$	526		$	717		Net gain on sale of investment securities
Other-than-temporary impairment losses on investment securities		(192	)		-		Net other-than-temporary impairment losses on investment securities
		334			717
Tax effect		(114	)		(244	)	Provision for income taxes
Total reclass out of accumulated other comprehensive income, net of tax	$	220		$	473		Net of tax