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Note 21 - Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

Note 21. Accumulated Other Comprehensive Income (Loss)

 

Changes in each component of accumulated other comprehensive income (loss) were as follows (in thousands):

 

 

  Net Unrealized Gains (Losses) on Securities  Change in Fair Value of Cash Flow Hedges  Accumulated Other Comprehensive Income (Loss) 

Balance at December 31, 2019

 $724  $  $724 

Unrealized holding gains (net of tax, $629)

  2,366      2,366 

Reclassification adjustment (net of tax, $8)

  (32)     (32)

Change in fair value (net of tax, $91)

     340   340 

Change during period

  2,334   340   2,674 

Balance at December 31, 2020

 $3,058  $340  $3,398 

Unrealized holding losses (net of tax, ($923))

  (3,474)     (3,474)

Reclassification adjustment (net of tax, ($8))

  (29)     (29)

Change in fair value (net of tax, $107)

     403   403 

Change during period

  (3,503)  403   (3,100)

Balance at December 31, 2021

 $(445) $743  $298 

 

The following table presents information related to reclassifications from accumulated other comprehensive income (loss) for the years ended December 31, 2021 and 2020 (in thousands):

 

 

Details About Accumulated Other Comprehensive Income (Loss)

 Amount Reclassified from Accumulated Other Comprehensive Income (Loss) 

Affected Line Item in the Consolidated Statements of Income

  For the year ended December 31,  
  

2021

  

2020

  

Securities available for sale:

         

Net securities gains reclassified into earnings

 $(37) $(40)

Net gains on securities available for sale

Related income tax expense

  8   8 

Income tax expense

Total reclassifications

 $(29) $(32)

Net of tax