Note
12 – Accumulated Other Comprehensive (Loss)/Income
The
following table summarizes the changes in accumulated other comprehensive (loss)/income by component during the nine months ended September
30, 2022 and 2021:
Schedule of Components of Accumulated Other Comprehensive (Loss)/Income
|
|
Net Unrealized (Losses)/Gains on Available-for-Sale Securities |
|
|
Accumulated Other Comprehensive (Loss)/Income |
|
Balance, December 31, 2021 |
|
$ |
(145 |
) |
|
$ |
(145 |
) |
Net unrealized loss on securities available-for-sale |
|
|
(791 |
) |
|
|
(791 |
) |
Net current period other comprehensive loss |
|
|
(791 |
) |
|
|
(791 |
) |
Balance, September 30, 2022 |
|
$ |
(936 |
) |
|
$ |
(936 |
) |
|
|
|
|
|
|
|
|
|
Balance, December 31, 2020 |
|
$ |
228 |
|
|
$ |
228 |
|
Net unrealized loss on securities available-for-sale |
|
|
(230 |
) |
|
|
(230 |
) |
Net current period other comprehensive income |
|
|
(230 |
) |
|
|
(230 |
) |
Balance, September 30, 2021 |
|
$ |
(2 |
) |
|
$ |
(2 |
) |
All
components of accumulated other comprehensive income are net of tax.
|