| Accumulated Other Comprehensive Income |
NOTE 2 - ACCUMULATED OTHER COMPREHENSIVE INCOME
The following table presents the components of comprehensive gain (loss) for the years ended December 31, 2015, 2014 and 2013. The Company’s comprehensive gains and losses were solely for securities for the years ended December 31, 2015, 2014 and 2013.
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Year Ended December 31, 2015
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Year Ended December 31, 2014
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Year Ended December 31, 2013
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(dollars in thousands)
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Before Tax
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Tax Effect
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Net of Tax
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Before Tax
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Tax Effect
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Net of Tax
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Before Tax
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Tax Effect
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Net of Tax
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Net unrealized holding
gains (losses) arising
during period
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$ 216
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$ 85
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$ 131
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$ 981
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$ 300
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$ 681
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$ (1,813)
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$ (617)
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$ (1,196)
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Reclassification adjustments
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(6)
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(2)
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(4)
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(3)
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(1)
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(2)
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-
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-
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-
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Other comprehensive
gain (loss)
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$ 210
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$ 83
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$ 127
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$ 978
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$ 299
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$ 679
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$ (1,813)
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$ (617)
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$ (1,196)
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The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the years ended December 31, 2015, 2014 and 2013.
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Year Ended
December 31, 2015
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Year Ended
December 31, 2014
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Year Ended
December 31, 2013
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(dollars in thousands)
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Net Unrealized Gains And Losses
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Net Unrealized Gains And Losses
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Net Unrealized Gains And Losses
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Beginning of period
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$ (378)
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$ (1,057)
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$ 139
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Other comprehensive gain (loss)
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before reclassifications
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131
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681
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(1,196)
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Amounts reclassified from accumulated
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other comprehensive income
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(4)
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(2)
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-
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Net other comprehensive gain (loss)
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127
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679
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(1,196)
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End of period
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$ (251)
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$ (378)
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$ (1,057)
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