Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2018

Accumulated Other Comprehensive Income [Abstract]

NOTE 3 - ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents the components of comprehensive (loss) income for the years ended December 31, 2018, 2017 and 2016. The Company’s comprehensive gains and losses and reclassification adjustments were solely for securities for the years ended December 31, 2018, 2017 and 2016. Reclassification adjustments are recorded in non-interest income.


Years Ended	December 31, 2018			December 31, 2017			December 31, 2016
(dollars in thousands)	Before Tax	Tax Effect	Net of Tax	Before Tax	Tax Effect	Net of Tax	Before Tax	Tax Effect	Net of Tax
Net unrealized holding gains (losses) arising during period	$ (879)	$ (242)	$ (637)	$ (103)	$ (41)	$ (62)	$ (1,095)	$ (433)	$ (662)
Reclassification adjustments	-	-	-	(8)	(3)	(5)	(22)	(7)	(15)
Other comprehensive (loss) income	$ (879)	$ (242)	$ (637)	$ (111)	$ (44)	$ (67)	$ (1,117)	$ (440)	$ (677)

The following table presents the changes in each component of accumulated other comprehensive (loss) income, net of tax, for the years ended December 31, 2018, 2017 and 2016.


	Year Ended December 31, 2018	Year Ended December 31, 2017	Year Ended December 31, 2016
(dollars in thousands)	Net Unrealized Gains And Losses	Net Unrealized Gains And Losses	Net Unrealized Gains And Losses

Beginning of period	$ (1,191)	$ (928)	$ (251)
Other comprehensive gains (losses), net
of tax before reclassifications	(637)	(62)	(662)
Amounts reclassified from accumulated
other comprehensive loss	-	(5)	(15)
Net other comprehensive (loss) income	(637)	(67)	(677)
Reclassification due to Accounting Standard Updates (ASU 2016-01 & 2018-02)	(19)	(196)	-
End of period	$ (1,847)	$ (1,191)	$ (928)