Accumulated Other Comprehensive Gain (Loss)

6 Months Ended

Jun. 30, 2015

Accumulated Other Comprehensive Gain (Loss) [Abstract]

Accumulated Other Comprehensive Gain (Loss)

NOTE 4 - ACCUMULATED OTHER COMPREHENSIVE GAIN (LOSS)

The following tables present the components of comprehensive gain (loss) for the three and six months ended June 30, 2015 and 2014. The Company’s comprehensive gain (loss) was solely related to securities for the three and six months ended June 30, 2015 and 2014.

	Three Months Ended June 30, 2015			Three Months Ended June 30, 2014
(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	$           (330)	$           (130)	$           (200)	$            370	$            126	$            244
Reclassification adjustments	-	-	-	-	-	-
Other comprehensive gain (loss)	$           (330)	$           (130)	$           (200)	$            370	$            126	$            244

	Six Months Ended June 30, 2015			Six Months  Ended June 30, 2014
(dollars in thousands)	Before Tax	Tax Effect	Net of Tax	Before Tax	Tax Effect	Net of Tax
Net unrealized holding gains
arising during period	$            129	$              51	$              78	$            254	$              87	$            167
Reclassification adjustments	-	-	-	(8)	(3)	(5)
Other comprehensive gain	$            129	$              51	$              78	$            246	$              84	$            162

The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three and six months ended June 30, 2015 and 2014.

	Three Months Ended       June 30, 2015	Three Months Ended     June 30, 2014	Six Months Ended       June 30, 2015	Six Months Ended     June 30, 2014
(dollars in thousands)	Net Unrealized Gains And Losses	Net Unrealized Gains And Losses	Net Unrealized Gains And Losses	Net Unrealized Gains And Losses
Beginning of period	$                 (100)	$              (1,139)	$                 (378)	$              (1,057)
Other comprehensive gain (loss)
before reclassifications	(200)	244	78	167
Amounts reclassified from accumulated
other comprehensive income	-	-	-	(5)
Net other comprehensive gain (loss)	(200)	244	78	162
End of period	$                 (300)	$                 (895)	$                 (300)	$                 (895)