Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2016

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

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, 2016 and 2015. The Company’s “other comprehensive” gain (loss) was solely related to securities for the three and six months ended June 30, 2016 and 2015.

	Three Months Ended June 30, 2016			Three Months Ended June 30, 2015
(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	$            141	$              55	$              86	$           (330)	$           (130)	$           (200)
Reclassification adjustments	(30)	(10)	(20)	-	-	-
Other comprehensive gain	$            111	$              45	$              66	$           (330)	$           (130)	$           (200)

	Six Months Ended June 30, 2016			Six Months Ended June 30, 2015
(dollars in thousands)	Before Tax	Tax Effect	Net of Tax	Before Tax	Tax Effect	Net of Tax
Net unrealized holding gains
arising during period	$            535	$            210	$            325	$            129	$              51	$              78
Reclassification adjustments	(30)	(10)	(20)	-	-	-
Other comprehensive gain (loss)	$            505	$            200	$            305	$            129	$              51	$              78

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, 2016 and 2015.

	Three Months Ended June 30, 2016	Three Months Ended June 30, 2015	Six Months Ended June 30, 2016	Six Months Ended June 30, 2015
(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	$                   (12)	$                 (100)	$                 (251)	$                 (378)
Other comprehensive gains (losses), net
of tax before reclassifications	86	(200)	325	78
Amounts reclassified from accumulated
other comprehensive income	(20)	-	(20)	-
Net other comprehensive gain (loss)	66	(200)	305	78
End of period	$                    54	$                 (300)	$                    54	$                 (300)