Note 6 - Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

(6) Other Comprehensive Income (Loss)

Other comprehensive income (loss) is defined as the change in equity during a period from transactions and other events from nonowner sources. Comprehensive income is the total of net income and other comprehensive income (loss), which for the Company is comprised of unrealized gains and losses on securities available for sale. The components of other comprehensive income (loss) and the related tax effects were as follows:

	For the Three Months Ended September 30,
(Dollars in thousands)	2021									2020
Securities available for sale:	Before Tax			Tax Effect			Net of Tax			Before Tax			Tax Effect			Net of Tax
Gross unrealized losses arising during the period	$	(957	)		(269	)		(688	)		(281	)		(79	)		(202	)
Other comprehensive loss	$	(957	)		(269	)		(688	)		(281	)		(79	)		(202	)

	For the Nine Months Ended September 30,
(Dollars in thousands)	2021									2020
Securities available for sale:	Before Tax			Tax Effect			Net of Tax			Before Tax		Tax Effect		Net of Tax
Gross unrealized (losses) gains arising during the period	$	(2,092	)		(584	)		(1,508	)		1,800		503		1,297
Other comprehensive (loss) income	$	(2,092	)		(584	)		(1,508	)		1,800		503		1,297