Note 6 - Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE

6

– ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents the changes in accumulated other comprehensive income (loss) (“AOCI”) by component net of tax for the

three

months ended

March 31, 2019

and

2018,

respectively:

(Dollars in thousands)	Unrealized gains on available-for-sale securities (a)
Balance as of December 31, 2018	$	(154	)
Other comprehensive income		795
Balance at March 31, 2019	$	641
Balance as of December 31, 2017	$	1,091
Other comprehensive loss		(1,510	)
Change in accounting principle, ASC 2016-01 (b)		(141	)
Change in accounting principle, ASC 2018-02 (b)		187
Period change		(1,464	)
Balance at March 31, 2018	$	(373	)

(a) All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.

(b) Reclassifications are the result of the adoption of ASUs 2016 - 01 and 2018 - 02 effective for the Company beginning January 1, 2018. The reclassifications are presented within the Consolidated Statement of Changes in Stockholders’ Equity for the affected transitional periods.

There were

no

other reclassifications of amounts from accumulated other comprehensive income for the

three

months ended

March 31, 2019

and

2018.