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Comprehensive Income
9 Months Ended
Sep. 30, 2011
Comprehensive Income 
Comprehensive Income

 

 

Note 9.  Comprehensive Income

 

Total comprehensive income is comprised of unrealized gains, net of taxes, on available-for-sale investment securities, which is the Company’s only source of other comprehensive income. Total comprehensive income was $8,459,000 and $6,782,000 for the nine months ended September 30, 2011 and 2010, respectively.  Total comprehensive income was $2,733,000 and $3,041,000 for the three months ended September 30, 2011 and 2010, respectively.

 

At September 30, 2011 and December 31, 2010, accumulated other comprehensive income totaled $4,657,000 and $967,000, respectively, and is reflected, net of taxes, as a component of shareholders’ equity.