Note 6 - Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2021

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 (“AOCI”) by component net of tax for the three and nine months ended September 30, 2021, and 2020, respectively:

(Dollars in thousands)	Unrealized gains/(losses) on available-for-sale securities (a)
Balance as of June 30, 2021	$	3,893
Other comprehensive loss		(283	)
Balance at September 30, 2021	$	3,610
Balance as of December 31, 2020	$	4,284
Other comprehensive loss		(674	)
Balance at September 30, 2021	$	3,610

(Dollars in thousands)	Unrealized gains/(losses) on available-for-sale securities (a)
Balance as of June 30, 2020	$	3,761
Other comprehensive income		316
Balance at September 30, 2020	$	4,077
Balance as of December 31, 2019	$	1,842
Other comprehensive income		2,235
Balance at September 30, 2020	$	4,077

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

There were no other reclassifications of amounts from accumulated other comprehensive income for the three and nine months ended September 30, 2021, and 2020.