ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

7. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of accumulated other comprehensive income (loss), included in stockholders’ equity, are as follows:

	June 30, 2013			December 31, 2012
Net unrealized gains (losses) on securities
available-for-sale	$	(2,057,683	)	$	4,388,778
Tax effect		699,612			(1,492,185	)
Net-of-tax amount	$	(1,358,071	)	$	2,896,593