Note 5 - Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2021

Other Comprehensive Income Loss Tax [Abstract]

5. COMPREHENSIVE INCOME (LOSS)

The following shows the components of accumulated other comprehensive income (loss) at June 30, 2021 and December 31, 2020:

	June 30,			December 31,
	2021			2020
Unrealized net holding gains on available-for-sale securities	$	2,533		$	7,151
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 income		2,533			7,151
Tax effect		(532	)		(1,502	)
Accumulated other comprehensive income, net of tax	$	2,001		$	5,649

The following tables present amounts reclassified out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2021 and 2020:

For the Three Months Ended June 30,	Amount reclassified from accumulated other comprehensive income
Details about accumulated other comprehensive income	2021		2020		Affected line item in statement of income
Unrealized net holding gains on available-for-sale securities	$	2	$	1	Net gain on sales of investments available-for-sale
Other-than-temporary impairment on investment securities		—		—	Net other-than-temporary impairment losses on investment securities
		2		1
Tax effect		—		—	Provision for income taxes
Total reclassification out of accumulated other comprehensive income, net of tax	$	2	$	1	Net of tax

For the Six Months Ended June 30,	Amount reclassified from accumulated other comprehensive income
Details about accumulated other comprehensive income (loss)	2021			2020		Affected line item in statement of income
Unrealized net holding gains on available-for-sale securities	$	5		$	1	Net gain on sales of investments available-for-sale
Other-than-temporary impairment on investment securities		—			—	Net other-than-temporary impairment losses on investment securities
		5			1
Tax effect		(1	)		—	Provision for income taxes
Total reclassification out of accumulated other comprehensive income , net of tax	$	4		$	1	Net of tax