COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2012

COMPREHENSIVE INCOME (LOSS)

COMPREHENSIVE INCOME (LOSS)

NOTE 3 — COMPREHENSIVE INCOME (LOSS)

The change in the components of other comprehensive income (loss) and related tax effects are as follows for the three months ended March 31, 2012 and 2011:

	2012			2011
Change in unrealized gains (losses) on securities available-for-sale	$	(589,510	)	$	31,543
Reclassification adjustment for gains realized in net income during the period	(89,501		)	—
Net change in unrealized gains (losses) on securities	(679,011		)	31,543
Tax effect	258,024			(11,986		)
Net-of-tax amount	$	(420,987	)	$	19,557