Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net income $ 3,192 $ 2,222
Net change in net unrealized gains and losses on securities available-for-sale:    
Unrealized gains arising during the period 6,112 4,183
Less: reclassification adjustment for gains included in net income (510) (352)
Net securities gain/(loss) during the period 5,602 3,831
Tax effect (1,177) (798)
Net of tax amount 4,425 3,033
Other comprehensive income/(loss), net of tax 4,425 3,033
Comprehensive income/(loss), net of tax $ 7,617 $ 5,255