Accumulated Other Comprehensive Gain (Loss)

12 Months Ended

Dec. 31, 2013

Accumulated Other Comprehensive Gain (Loss) [Abstract]

Accumulated Other Comprehensive Gain (Loss)

NOTE 2 - ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents the components of comprehensive loss for the years ended December 31, 2014 and 2013. The Company’s comprehensive gains and losses were solely for securities for the years ended December 31, 2014 and 2013. 

	Year Ended December 31, 2014			Year Ended December 31, 2013
(dollars in thousands)	Before Tax	Tax Effect	Net of Tax	Before Tax	Tax Effect	Net of Tax
Net unrealized holding gains (losses)
arising during period	$            981	$            300	$            681	$        (1,813)	$           (617)	$        (1,196)
Reclassification adjustments	(3)	(1)	(2)	-	-	-
Other comprehensive gain (loss)	$            978	$            299	$            679	$        (1,813)	$           (617)	$        (1,196)

The following table presents the changes in each component of accumulated other comprehensive income, net of tax, for the years ended December 31, 2014 and 2013.

	Year Ended December 31, 2014	Year Ended December 31, 2013
(dollars in thousands)	Net Unrealized Gains And Losses	Net Unrealized Gains And Losses
Beginning of period	$              (1,057)	$                  139
Other comprehensive gain (loss)
before reclassifications	681	(1,196)
Amounts reclassified from accumulated
other comprehensive income	(2)	-
Net other comprehensive gain (loss)	679	(1,196)
End of period	$                 (378)	$              (1,057)