Note 6 - Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE 6 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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, 2023, and 2022, respectively:

	Unrealized (losses)/gains on available-for-sale securities (a)
(Dollars in thousands)
Balance as of December 31, 2022	$	(22,144	)
Other comprehensive income		2,891
Balance at March 31, 2023	$	(19,253	)
Balance as of December 31, 2021	$	3,462
Other comprehensive loss		(10,136	)
Balance at March 31, 2022	$	(6,674	)

(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 months ended March 31, 2023, and 2022.