Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Accumulated Other Comprehensive Income

NOTE 17 – ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents the changes in accumulated other comprehensive income (loss) by component net of tax for the years ended December 31, 2019, 2018, and 2017:

(Dollars in thousands)		Pretax				Tax Effect				After-Tax			Affected Line Item In The Consolidated Statements Of Income
Balance as of December 31, 2018	$		(1,786	)	$		374		$		(1,412	)
Unrealized holding gain on available-for-sale    securities arising during the period			1,803				(378	)			1,425
Amortization of held-to-maturity discount resulting    from transfer			75				(16	)			59
Total other comprehensive income (loss)			1,878				(394	)			1,484
BALANCE AS OF
DECEMBER 31, 2019	$		92		$		(20	)	$		72
Balance as of December 31, 2017	$		(839	)	$		176		$		(663	)
Unrealized holding loss on available-for-sale    securities arising during the period			(989	)			208				(781	)
Amortization of held-to-maturity discount resulting    from transfer			78				(17	)			61
Total other comprehensive income (loss)			(911	)			191				(720	)
Reclassify equity AOCI gain to retained earnings			(36	)			7				(29	)
BALANCE AS OF
DECEMBER 31, 2018	$		(1,786	)	$		374		$		(1,412	)
Balance as of December 31, 2016	$		(1,323	)	$		449		$		(874	)
Unrealized holding gain on available-for-sale    securities arising during the period			376				(128	)			248
Amortization of held-to-maturity discount resulting    from transfer			108				(36	)			72
Total other comprehensive income (loss)			484				(164	)			320
Deferred tax reclassification from retained earnings			—				(109	)			(109	)	(a)
Total other comprehensive income (loss) after    reclassification			484				(273	)			211
BALANCE AS OF
DECEMBER 31, 2017	$		(839	)	$		176		$		(663	)

(a) Federal income tax provision.