|
NOTE
10 OTHER COMPREHENSIVE INCOME (LOSS)
The amounts
allocated to other comprehensive income (loss) are presented in the table below. Reclassification adjustments related to securities
held for sale are included in net gain (loss) on securities transactions in the accompanying consolidated statements of comprehensive
income. For the periods presented, reclassifications adjustments related to securities held for sale was not material.
| (Dollars
in Thousands) |
|
Before
Tax Amount |
|
Tax
(Expense)
Benefit |
|
Net
of
Tax Amount |
| March 31, 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
| Investment
Securities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change
in net unrealized (gain) loss |
|
$ |
(5 |
) |
|
$ |
2 |
|
|
$ |
(3 |
) |
| Amortization
of losses on securities transferred from available for sale to held to maturity |
|
|
20 |
|
|
|
(8 |
) |
|
|
12 |
|
| Total
Other Comprehensive Income |
|
$ |
15 |
|
|
$ |
(6 |
) |
|
$ |
9 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| March 31, 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
| Investment
Securities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change
in net unrealized (gain) loss |
|
$ |
7 |
|
|
$ |
(1 |
) |
|
$ |
6 |
|
| Total
Other Comprehensive Income |
|
$ |
7 |
|
|
$ |
(1 |
) |
|
$ |
6 |
|
Accumulated
other comprehensive loss was comprised of the following components:
| (Dollars
in Thousands) |
|
Securities
Available for Sale |
|
Retirement
Plans |
|
Accumulated
Other Comprehensive Loss |
| Balance as of January 1,
2014 |
|
$ |
(132 |
) |
|
$ |
(8,408 |
) |
|
$ |
(8,540 |
) |
| Other comprehensive
income during the period |
|
|
9 |
|
|
|
|
|
|
|
9 |
|
| Balance as of
March 31, 2014 |
|
$ |
(123 |
) |
|
$ |
(8,408 |
) |
|
$ |
(8,531 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance as of January 1, 2013 |
|
$ |
573 |
|
|
$ |
(30,132 |
) |
|
$ |
(29,599 |
) |
| Other comprehensive
income during the period |
|
|
6 |
|
|
|
|
|
|
|
6 |
|
| Balance as of
March 31, 2013 |
|
$ |
579 |
|
|
$ |
(30,132 |
) |
|
$ |
(29,553 |
) |
|