Note 5 - Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Other Comprehensive Income Loss Tax [Abstract]

5. COMPREHENSIVE INCOME (LOSS)

The following shows the components of accumulated other comprehensive income (loss) at September 30, 2020 and December 31, 2019:

	September 30,			December 31,
	2020			2019
Unrealized net holding gains on available-for-sale securities	$	6,753		$	325
Unrealized gains (losses) on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings		—			—
Accumulated other comprehensive income		6,753			325
Tax effect		(1,418	)		(68	)
Accumulated other comprehensive gain, net of tax	$	5,335		$	257

The following tables present amounts reclassified out of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2020 and 2019:

For the Three Months Ended September 30,	Amount reclassified from accumulated other comprehensive loss
Details about accumulated other comprehensive income (loss)	2020			2019			Affected line item in statement of income
Unrealized net holding gains (losses) on available-for-sale securities	$	15		$	3		Unrealized net holding gains (losses) on investments available-for-sale
Other-than-temporary impairment gains (losses) on investment securities		—			—		Net other-than-temporary impairment losses on investment securities
		15			3
Tax effect		(3	)		—		Provision for income taxes
Total reclassification out of accumulated other comprehensive income (loss), net of tax	$	12		$	3		Net of tax

For the Nine Months Ended September 30,	Amount reclassified from accumulated other comprehensive income
Details about accumulated other comprehensive income (loss)	2020			2019			Affected line item in statement of income
Unrealized net holding gains (losses) on available-for-sale securities	$	16		$	(36	)	Unrealized net holding gains (losses) on investments available-for-sale
Other-than-temporary impairment gains (losses) on investment securities		—			—		Net other-than-temporary impairment losses on investment securities
		16			(36	)
Tax effect		(3	)		8		Provision for income taxes
Total reclassification out of accumulated other comprehensive income (loss), net of tax	$	13		$	(28	)	Net of tax