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Note 10 - Other Comprehensive Income
 6 Months Ended
Jun. 30, 2015
Disclosure Text Block [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

Note 10.  Other Comprehensive Income


The following table presents the components of other comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014.


(dollars in thousands)

  

Before Tax

    

Tax Effect

    

Net of Tax

  
                         

Three Months Ended June 30, 2015

                        

Net unrealized loss on securities available-for-sale

  $ (3,405 )   $ (1,362 )   $ (2,043 )

Net unrealized gain on derivatives

     3,181       1,272       1,909  

Less: Reclassification adjustment for net gains included in net income

     -       -       -  

Other Comprehensive Loss

   $ (224 )   $ (90 )   $ (134 )
                         

Three Months Ended June 30, 2014

                        

Net unrealized gain on securities available-for-sale

  $ 3,900     $ 1,559     $ 2,341  

Less: Reclassification adjustment for net gains included in net income

     (2 )     (1 )     (1 )

Other Comprehensive Income

  $ 3,898     $ 1,558     $ 2,340  
                         
                         

Six Months Ended June 30, 2015

                        

Net unrealized loss on securities available-for-sale

  $ (187 )   $ (75 )   $ (112 )

Net unrealized gain on derivatives

     3,181       1,272       1,909  

Less: Reclassification adjustment for net gains included in net income

     (2,164 )     (866 )     (1,298 )

Other Comprehensive Income

  $ 830     $ 331     $ 499  
                         

Six Months Ended June 30, 2014

                        

Net unrealized gain on securities available-for-sale

  $ 8,605     $ 3,442     $ 5,163  

Less: Reclassification adjustment for net gains included in net income

     (10 )     (4 )     (6 )

Other Comprehensive Income

  $ 8,595     $ 3,438     $ 5,157  

The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2015 and 2014.


       

Accumulated Other

  

(dollars in thousands)

  

Securities

Available For Sale

    

Comprehensive (Loss) Income

  
                 

Three Months Ended June 30, 2015

                

Balance at Beginning of Period

   $ 3,280     $ 3,280  

Other comprehensive income before reclassifications

     (134 )     (134 )

Amounts reclassified from accumulated other comprehensive income

    -       -  

Net other comprehensive income during period

     (134 )     (134 )

Balance at End of Period

   $ 3,146     $ 3,146  
                 

Three Months Ended June 30, 2014

                

Balance at Beginning of Period

   $ (502 )   $ (502 )

Other comprehensive income before reclassifications

     2,341       2,341  

Amounts reclassified from accumulated other comprehensive income

    (1 )     (1 )

Net other comprehensive (loss) during period

     2,340       2,340  

Balance at End of Period

   $ 1,838     $ 1,838  
                 
                 

Six Months Ended June 30, 2015

                

Balance at Beginning of Period

   $ 2,647     $ 2,647  

Other comprehensive income before reclassifications

     1,797       1,797  

Amounts reclassified from accumulated other comprehensive income

    (1,298 )     (1,298 )

Net other comprehensive income during period

     499       499  

Balance at End of Period

   $ 3,146     $ 3,146  
                 

Six Months Ended June 30, 2014

                

Balance at Beginning of Period

   $ (3,319 )   $ (3,319 )

Other comprehensive income before reclassifications

     5,163       5,163  

Amounts reclassified from accumulated other comprehensive income

    (6 )     (6 )

Net other comprehensive (loss) during period

     5,157       5,157  

Balance at End of Period

   $ 1,838     $ 1,838  

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014.


   

Amount Reclassified from

  

Affected Line Item in

Details about Accumulated Other

 

Accumulated Other

  

the Statement Where

Comprehensive Income Components (dollars in thousands)

  

Comprehensive (Loss) Income

  

Net Income is Presented
   

Three Months Ended June 30,

    
   

2015

    

2014

    

Realized gain on sale of investment securities

   $ -     $ 2  

Gain on sale of investment securities
      -       (1 )

Tax Expense

Total Reclassifications for the Period

  $ -     $ 1  

Net of Tax

   

Amount Reclassified from

  

Affected Line Item in

Details about Accumulated Other

 

Accumulated Other

  

the Statement Where 

Comprehensive Income Components (dollars in thousands)

  

Comprehensive (Loss) Income

  

Net Income is Presented
   

Six Months Ended June 30,

    
   

2015

    

2014

    

Realized gain on sale of investment securities

   $ 2,164     $ 10  

Gain on sale of investment securities
      (866 )     (4 )

Tax Expense

Total Reclassifications for the Period

  $ 1,298     $ 6  

Net of Tax