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Other Comprehensive Income
 9 Months Ended
Sep. 30, 2012
Other Comprehensive Income [Abstract]  
Other Comprehensive Income

Note 8: Other Comprehensive Income

Other comprehensive income, which is comprised solely of the change in unrealized gains and losses on available-for-sale securities, is as follows:

 

                                                 
   

Three Months Ended

September 30, 2012

    

Nine Months Ended

September 30, 2012

  
    Before Tax
Amount		     Tax Effect     Net of Tax
Amount		     Before Tax
Amount		     Tax Effect     Net of Tax
Amount		  

Unrealized holding (losses) gains arising during the period

   $ (281,316 )    $ 106,901     $ (174,415 )    $ 9,443     $ (3,590 )    $ 5,853  

Reclassification adjustment for net gains recognized in income

     (924,317 )      351,240       (573,077 )      (916,275 )      348,185       (568,090 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Unrealized holding (losses) on available for sale securities, net of taxes

   $ (1,205,633 )    $ 458,141     $ (747,492 )    $ (906,832 )    $ 344,595     $ (562,237 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
     
   

Three Months Ended

September 30, 2011

    

Nine Months Ended

September 30, 2011

  
    Before Tax
Amount		     Tax Effect     Net of Tax
Amount		     Before Tax
Amount		     Tax Effect     Net of Tax
Amount		  

Unrealized holding (losses) arising during the period

   $ (646,692 )    $ 279,659     $ (367,033 )    $ (187,559 )    $ 71,272     $ (116,287 ) 

Reclassification adjustment for gains recognized in income

     (779,685 )      296,280       (483,405 )      (779,685 )      296,280       (483,405 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Unrealized holding (losses) on available for sale securities, net of taxes

   $ (1,426,377 )    $ 575,939     $ (850,438 )    $ (967,244 )    $ 367,552     $ (599,692 )