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Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Other Comprehensive Income (Loss)

NOTE 14 – OTHER COMPREHENSIVE INCOME (LOSS)

The following table provides the components of other comprehensive income (loss) on a pretax and after-tax basis for the periods presented (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2014

 

 

2013

 

 

 

Pre-tax

 

 

Tax

 

 

After-tax

 

 

Pre-tax

 

 

Tax

 

 

After-tax

 

Net unrealized gains (losses) on investments

    available for sale arising during the period

 

$

3,252

 

 

$

1,255

 

 

$

1,997

 

 

$

685

 

 

$

264

 

 

$

421

 

Less: Amounts reclassified from accumulated

    other comprehensive income (loss)

 

 

(5,627

)

 

 

(2,171

)

 

 

(3,456

)

 

 

(1,297

)

 

 

(500

)

 

 

(797

)

Net current period other comprehensive

    income (loss)

 

$

(2,375

)

 

$

(916

)

 

$

(1,459

)

 

$

(612

)

 

$

(236

)

 

$

(376

)

 

There were no amounts of other comprehensive income for the year ended December 31, 2012.

The following table provides the reclassifications out of accumulated other comprehensive income for the periods presented (in thousands):

 

 

 

Amounts Reclassified from

 

 

 

 

 

Accumulated

 

 

 

 

 

Other Comprehensive Income

 

 

 

Details about Accumulated Other

 

Year Ended December 31,

 

 

Affected Line Item in the Statement

Comprehensive Income Components

 

2014

 

 

2013

 

 

Where Net Income is Presented

Unrealized gains (losses) on investments

    available for sale

 

 

 

 

 

 

 

 

 

 

 

 

$

5,627

 

 

$

1,297

 

 

Net realized gains (losses) on investments

 

 

 

(2,171

)

 

 

(500

)

 

Income taxes, current

 

 

$

3,456

 

 

$

797

 

 

Net of tax