Annual report pursuant to Section 13 and 15(d)

Accumulated other comprehensive income (loss)

v3.3.1.900
Accumulated other comprehensive income (loss)
 12 Months Ended
Dec. 31, 2015
Accumulated other comprehensive income (loss)  
Accumulated other comprehensive income (loss)

Note 23 – Accumulated other comprehensive income (loss)

 

The changes in the balances for accumulated other comprehensive income (loss) (“AOCI”) for the years ended December 31 were as follows:

 

 

 

2015

 

2014

Marketable securities

 

 

 

 

Beginning balance

$

-

$

-

 

 

 

 

 

Gains (losses) on available for sale securities

 

(12,563)

 

-

Less: Tax (tax benefit)

 

-

 

-

  Net gains (losses) on available for sale securities

 

(12,563)

 

-

 

 

 

 

 

(Gains) Losses reclassified from AOCI to net income

 

-

 

-

Less: Tax (tax benefit)

 

-

 

-

  Net gains (losses) reclassified from AOCI to net income

 

-

 

-

 

 

 

 

 

  Other comprehensive income (loss), net of tax

 

(12,563)

 

-

 

 

 

 

 

Ending balance

$

(12,563)

$

-