Note 10 - Changes in Accumulated Other Comprehensive Income (Loss) by Component (1)

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note 10: Changes in Accumulated Other Comprehensive Income (Loss) By Component ⁽¹⁾

The following table presents the changes in accumulated other comprehensive loss by component for the nine months ended September 30, 2020 and 2019, and the year ended December 31, 2019.

	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, 2020	$	(1,275	)	$	(6,066	)	$	(7,341	)
Unrealized gain on securities		3,483			-			3,483
Amounts reclassified from accumulated other comprehensive income to net income (2)		(2,060	)		1,498			(562	)
Net current-period other comprehensive income		1,423			1,498			2,921
Total change in accumulated other comprehensive income		1,423			1,498			2,921
Balance September 30, 2020	$	148		$	(4,568	)	$	(4,420	)
Balance January 1, 2019	$	(4,736	)	$	(7,191	)	$	(11,927	)
Unrealized loss on securities		4,456			-			4,456
Amounts reclassified from accumulated other comprehensive income to net income (2)		(894	)		841			(53	)
Net current-period other comprehensive income (loss)		3,562			841			4,403
Total change in accumulated other comprehensive income (loss)		3,562			841			4,403
Balance September 30, 2019	$	(1,174	)	$	(6,350	)	$	(7,524	)
Balance January 1, 2019	$	(4,736	)	$	(7,191	)	$	(11,927	)
Unrealized gain on securities		4,284			-			4,284
Amounts reclassified from accumulated other comprehensive income to net income (2)		(823	)		1,125			302
Net current-period other comprehensive income (loss)		3,461			1,125			4,586
Total change in accumulated other comprehensive income		3,461			1,125			4,586
Balance December 31, 2019	$	(1,275	)	$	(6,066	)	$	(7,341	)

(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.