Note 8 - Changes in Accumulated Other Comprehensive Income (Loss) By Component (1)

9 Months Ended

Sep. 30, 2016

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note 8: Changes in Accumulated Other Comprehensive Loss By Component

(1)

The following table presents the changes in accumulated other comprehensive loss by component for the nine months ended September 30, 2016 and 2015, and the year ended December 31, 2015.

	Unrealized Gains (Losses) on Available- For-Sale Securities			Unrealized Holding Losses on Securities Transferred From  Available-For-Sale To  Held-To-Maturity			Total
(dollars in thousands)
Balance January 1, 2016	$	(2,562	)	$	(603	)	$	(3,165	)
Unrealized gain on securities		2,170			-			2,170
Amounts reclassified from accumulated other comprehensive income to net income (2)		(416	)		85			(331	)
Net current-period other comprehensive income		1,754			85			1,839
Balance September 30, 2016	$	(808	)	$	(518	)	$	(1,326	)
Balance January 1, 2015	$	82		$	(714	)	$	(632	)
Unrealized loss on securities		(460	)		-			(460	)
Amounts reclassified from accumulated other comprehensive income to net income (2)		(45	)		82			37
Net current-period other comprehensive income (loss)		(505	)		82			(423	)
Balance September 30, 2015	$	(423	)	$	(632	)	$	(1,055	)
Balance January 1, 2015	$	82		$	(714	)	$	(632	)
Unrealized loss on securities		(2,577	)		-			(2,577	)
Amounts reclassified from accumulated other comprehensive income to net income (2)		(67	)		111			44
Net current-period other comprehensive income (loss)		(2,644	)		111			(2,533	)
Balance December 31, 2015	$	(2,562	)	$	(603	)	$	(3,165	)

(1) All amounts are net of tax. Amounts in parentheses indicate reductions to other comprehensive income.

(2) Reclassification amounts are reported as gains on sales of investment securities, impairment losses, and amortization of net unrealized losses on the Consolidated Statement of Operations.