|
Note
12 – Accumulated Other Comprehensive Income
The
following table summarizes the changes in accumulated other comprehensive income by components during the three months ended June 30,
2021 and 2020:
Schedule
of Components of Accumulated Other Comprehensive Income
| |
|
Net Unrealized (Losses)/Gains on Available-for-Sale Securities |
|
|
Accumulated Other Comprehensive
Income |
|
| Balance, December 31, 2020 |
|
$ |
228 |
|
|
$ |
228 |
|
| Net unrealized loss on securities available-for-sale |
|
|
(177 |
) |
|
|
(177 |
) |
| Reclassifications to net loss |
|
|
- |
|
|
|
- |
|
| Net current period other comprehensive loss |
|
|
(177 |
) |
|
|
(177 |
) |
| Balance, June 30, 2021 |
|
$ |
51 |
|
|
$ |
51 |
|
| |
|
|
|
|
|
|
|
|
| Balance, December 31, 2019 |
|
$ |
(1 |
) |
|
$ |
(1 |
) |
| Net unrealized gain on securities available-for-sale |
|
|
482 |
|
|
|
482 |
|
| Reclassifications to net loss |
|
|
(3 |
) |
|
|
(3 |
) |
| Net current period other comprehensive income |
|
|
479 |
|
|
|
479 |
|
| Balance, June 30, 2020 |
|
$ |
478 |
|
|
$ |
478 |
|
All
components of accumulated other comprehensive income are net of tax.
|