Note 3 - Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE

3

Other Comprehensive

Income

(Loss)

The components of other comprehensive income (loss) and the related tax effects were as follows:

	For the years ended December 31,
	2019						2018									2017
	Before		Tax		Net		Before			Tax			Net			Before		Tax			Net
(Dollars in thousands )	Tax		Effect		of Tax		Tax			Effect			of Tax			Tax		Effect			of Tax
Securities available for sale:
Unrealized gains (losses) arising during the period	$	1,585		443		1,142		(94	)		(25	)		(69	)		33		12			21
Reclassification of certain income tax effects from accumulated other comprehensive income (1)		0		0		0		0			0			0			0		(158	)		158
Other comprehensive income (loss)	$	1,585		443		1,142		(94	)		(25	)		(69	)		33		170			(137	)

(

1

)

The reclassification in

2017

relates to the change in the tax rate that occurred because of the enactment of the Tax Cuts and Jobs Act in the

fourth

quarter of

2017.