text: **Note 3. Securities and Investments (Continued)**
  
  2002 
  *(in thousands)*
  
  2001  **2003**
  
  Available-for-sale securities: 
  Beginning Balance 
  Unrealized holding gains (losses) during the year, net 
  Reclassification of recognized (gains) during the year, net 
  
  $ 68 
  (75) 
  - 
  (7) 
  (3) 
  (4) 
  
  $ 
  
  9,153 
  5,615 
  (14,700) 
  68 
  26 
  42 
  
  $  **$**
  
  **(7)**
  **48**
  **-**
  **41**
  **15**
  **26** Deferred tax effect related to net unrealized gains 
  Ending Balance  $  $  **$** $ 