Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 7- ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the changes in accumulated other comprehensive income (loss) by component net of tax for the three and nine months ended September 30, 2020 and 2019:

(Dollars in thousands)	Pretax			Tax Effect			After-tax
Three Months Ended September 30, 2020
Balance, beginning of period	$	1,279		$	(269	)	$	1,010
Unrealized holding loss on available-for-sale securities arising during    the period		(202	)		43			(159	)
Amortization of held-to-maturity discount resulting from transfer		17			(4	)		13
Total other comprehensive loss		(185	)		39			(146	)
Balance, end of period	$	1,094		$	(230	)	$	864
Nine Months Ended September 30, 2020
Balance, beginning of period	$	92		$	(20	)	$	72
Unrealized holding gain on available-for-sale securities arising during    the period		955			(200	)		755
Amortization of held-to-maturity discount resulting from transfer		47			(10	)		37
Total other comprehensive income		1,002			(210	)		792
Balance, end of period	$	1,094		$	(230	)	$	864
Three Months Ended September 30, 2019
Balance, beginning of period	$	(245	)	$	51		$	(194	)
Unrealized holding gain on available-for-sale securities arising during    the period		275			(58	)		217
Amortization of held-to-maturity discount resulting from transfer		15			(3	)		12
Total other comprehensive income		290			(61	)		229
Balance, end of period	$	45		$	(10	)	$	35
Nine Months Ended September 30, 2019
Balance, beginning of period	$	(1,786	)	$	374		$	(1,412	)
Unrealized holding gain on available-for-sale securities arising during    the period		1,786			(374	)		1,412
Amortization of held-to-maturity discount resulting from transfer		45			(10	)		35
Total other comprehensive income		1,831			(384	)		1,447
Balance, end of period	$	45		$	(10	)	$	35