Other Comprehensive Income

9 Months Ended

Sep. 30, 2011

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income

Note 7: Other Comprehensive Income

Other comprehensive income components and related taxes for the nine months ended September 30, 2011 and 2010, were as follows:

	9/30/2011			9/30/2010
Unrealized gains on available-for-sale securities	$	816,251		$	2,475,043
Accretion of gains on interest rate swaps into income		-			(508,746	)
Less: Reclassification adjustment for realized gains included in income		(198,146	)		(215,359	)
Other comprehensive income, before tax effect		618,105			1,750,938
Tax expense		228,699			647,847
Other comprehensive income	$	389,406		$	1,103,091

The components of accumulated other comprehensive income, included in stockholders' equity, are as follows:

	9/30/2011		12/31/2010
Unrealized gain on available-for-sale securities	$	3,543,508	$	2,925,404
Tax effect		1,311,098		1,082,400
Net of tax amount	$	2,232,410	$	1,843,004