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Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Change in Unrealized Gains and Losses on Available-for-Sale Securities

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

 

     2013  
     Before Tax
Amount		     Tax Effect     Net of Tax
Amount		  

Unrealized holding losses arising during the period

    $ (568,850 )    $ —        $ (568,850 ) 
  

 

 

    

 

 

    

 

 

  

Unrealized holding losses on available for sale securities

    $ (568,850 )    $ —        $ (568,850 ) 
  

 

 

    

 

 

    

 

 

  
     2012  
     Before Tax
Amount		     Tax Effect     Net of Tax
Amount		  

Unrealized holding gains arising during the period

    $ 76,135      $ (28,931 )    $ 47,204   

Less reclassification adjustment for gains recognized in income

      (910,591 )      111,268        (799,323 ) 
  

 

 

    

 

 

    

 

 

  

Unrealized holding losses on available for sale securities

    $ (834,456 )    $ 82,337      $ (752,119 ) 
  

 

 

    

 

 

    

 

 

  
     2011  
     Before Tax
Amount		     Tax Effect     Net of Tax
Amount		  

Unrealized holding losses arising during the period

    $ (766,569 )    $ 291,296      $ (475,273 ) 

Less reclassification adjustment for gains recognized in income

      (1,109,305 )      421,536        (687,769 ) 
  

 

 

    

 

 

    

 

 

  

Unrealized holding losses on available for sale securities

    $ (1,875,874 )    $ 712,832      $ (1,163,042 )