Comprehensive Income

9 Months Ended

Sep. 30, 2013

Comprehensive Income

Comprehensive Income

NOTE 9: Comprehensive Income 

The Company applies accounting standards which establish guidance for the reporting and display of comprehensive income and its components in a full set of general purpose financial statements. Comprehensive income consists of net income and net unrealized gains or losses on securities and is presented in the consolidated statements of income and comprehensive income.

Comprehensive income totaled $540,560 and $1,037,857 for the three months ended September 30, 2013 and September 30, 2012, respectively, and $2,005,734 and $3,078,101 for the nine months ended September 30, 2013 and September 30, 2012, respectively.