|
Note
13 – Accumulated Other Comprehensive (Loss)/Income
The
following table summarizes the changes in accumulated other comprehensive (loss)/income by components during the years ended December
31, 2021 and 2020 (in thousands):
Schedule
of Components of Accumulated Other Comprehensive (Loss)/Income
| |
|
Net
Unrealized (Losses)/Gains on Available-for-Sale Securities |
|
|
Accumulated
Other Comprehensive (Loss)/Gain |
|
| Balance,
December 31, 2019 |
|
$ |
(1 |
)
|
|
$ |
(1 |
) |
| Net
unrealized gain on securities available-for-sale |
|
|
237 |
|
|
|
237 |
|
| Reclassification
of realized gain on securities available-for-sale to net loss |
|
|
(8 |
)
|
|
|
(8 |
) |
| Net
current period other comprehensive gain |
|
|
229 |
|
|
|
229 |
|
| Balance,
December 31, 2020 |
|
$ |
228 |
|
|
$ |
228 |
|
| Net
unrealized loss on securities available-for-sale |
|
|
(373 |
) |
|
|
(373 |
) |
| Net
current period other comprehensive loss |
|
|
(374 |
)
|
|
|
(374 |
)
|
| Balance,
December 31, 2021 |
|
$ |
(146 |
)
|
|
$ |
(146 |
)
|
All
components of accumulated other comprehensive (loss)/income are net of tax.
|