Note 19 - Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

19. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the changes in accumulated other comprehensive income (loss) by component net of tax:

	Unrealized gains/(losses) on
	available-for-sale
(Dollars in thousands)	securities (a)
Balance as of December 31, 2017	$	1,091
Other comprehensive loss		(1,291	)
Change in accounting principle, ASC 2016-01 (b)		(141	)
Change in accounting principle, ASC 2018-02 (b)		187
Period change		(1,245	)
Balance at December 31, 2018	$	(154	)
Balance as of December 31, 2018	$	(154	)
Other comprehensive income		2,149
Amount reclassified from accumulated other comprehensive income		(153	)
Period change		1,996
Balance at December 31, 2019	$	1,842

(a) All amounts are net of tax. Amounts in parentheses indicate debits to accumulated other comprehensive income.

(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.

The following table presents significant amounts reclassified out of each component of accumulated other comprehensive income for the year ended

December 31, 2019:

	Amount Reclassified from			Affected Line Item in
	Accumulated Other			the Statement Where
(Dollars in thousands)	Comprehensive Income			Net Income is
Details about other comprehensive income	December 31, 2019			Presented
Unrealized gains on available-for-sale securities (a)
	$	194		Investment securities gains on sale, net
		(41	)	Income taxes
	$	153

(a) Amounts in parentheses indicate expenses and other amounts indicate income.

There were

no

other reclassifications of amounts from accumulated other comprehensive income for the year ended

December 31, 2018.