2.4.0.8020 - Disclosure - INCOME TAXEStruefalsefalse1false falsefalseContext_6ME__30-Jun-2013http://www.sec.gov/CIK0001484949duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_IncomeTaxDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Income Tax Disclosure [Abstract]2false 2us-gaap_IncomeTaxDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font: 13px/normal 'times new roman', times, serif; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; -webkit-text-stroke-width: 0px;"> <table align="center" style="width: 100%; font-family: 'times new roman'; font-size: 10pt;" border="0" cellspacing="0" cellpadding="0"> <tr valign="top"> <td style="width: 27pt;"> <div style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt;"><font style="font-family: 'times new roman'; font-size: 10pt; font-weight: bold; display: inline;">11.</font></div> </td> <td> <div align="left"><font style="font-family: 'times new roman'; font-size: 10pt; font-weight: bold; display: inline;">INCOME TAXES</font></div> </td> </tr> </table> </div> <div style="font: 13px/normal 'times new roman', times, serif; color: #000000; text-transform: none; text-indent: 0pt; letter-spacing: normal; word-spacing: 0px; display: block; white-space: normal; -webkit-text-stroke-width: 0px;"> </div> <div align="left" style="font: 13px/normal 'times new roman', times, serif; color: #000000; text-transform: none; text-indent: 0pt; letter-spacing: normal; margin-right: 0pt; margin-left: 27pt; word-spacing: 0px; display: block; white-space: normal; -webkit-text-stroke-width: 0px;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense for the six months ended June 30, 2013 and 2012 is shown below.</font></div> <div style="font: 13px/normal 'times new roman', times, serif; text-align: left; color: #000000; text-transform: none; text-indent: 0pt; letter-spacing: normal; margin-right: 0pt; margin-left: 0pt; word-spacing: 0px; display: block; white-space: normal; -webkit-text-stroke-width: 0px;"><font style="font-family: 'times new roman'; font-size: 10pt;"> </font></div> <div align="center" style="font: 13px/normal 'times new roman', times, serif; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; -webkit-text-stroke-width: 0px;"> <table style="width: 80%; font-family: 'times new roman'; font-size: 10pt;" cellspacing="0" cellpadding="0"> <tr> <td style="padding-bottom: 2px;" valign="bottom" width="76%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="padding-bottom: 2px;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="border-bottom-color: black; border-bottom-width: 2px; border-bottom-style: solid;" valign="bottom" width="10%" colspan="2"> <div align="center" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"><font style="display: inline;">June 30, 2013</font></font></div> </td> <td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="padding-bottom: 2px;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="border-bottom-color: black; border-bottom-width: 2px; border-bottom-style: solid;" valign="bottom" width="10%" colspan="2"> <div align="center" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"><font style="display: inline;">June 30, 2012</font></font></div> </td> <td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> </tr> <tr> <td align="left" valign="bottom" width="76%"> <div align="left" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">Computed at the statutory rate (34%)</font></div> </td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">$</font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">843,829</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">$</font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">825,321</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> </tr> <tr> <td align="left" valign="bottom" width="76%"> <div align="left" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">Increase (decrease) resulting from</font></div> </td> <td valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> </tr> <tr> <td align="left" valign="bottom" width="76%"> <div align="left" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">  Tax exempt interest</font></div> </td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">(249,632</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">)</font></td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">(268,978</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">)</font></td> </tr> <tr> <td align="left" valign="bottom" width="76%"> <div align="left" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">  State income taxes, net</font></div> </td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">146,828</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">141,573</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> </tr> <tr> <td align="left" valign="bottom" width="76%"> <div align="left" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">  Increase in cash surrender value</font></div> </td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">(32,555</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">)</font></td> <td align="left" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">(32,054</font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">)</font></td> </tr> <tr> <td align="left" style="padding-bottom: 2px;" valign="bottom" width="76%"> <div align="left" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">  Other, net</font></div> </td> <td align="left" style="padding-bottom: 2px;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left; border-bottom-color: black; border-bottom-width: 2px; border-bottom-style: solid;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right; border-bottom-color: black; border-bottom-width: 2px; border-bottom-style: solid;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">856</font></td> <td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td align="left" style="padding-bottom: 2px;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left; border-bottom-color: black; border-bottom-width: 2px; border-bottom-style: solid;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right; border-bottom-color: black; border-bottom-width: 2px; border-bottom-style: solid;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">(261</font></td> <td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">)</font></td> </tr> <tr> <td valign="bottom" width="76%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: right;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> </tr> <tr> <td style="padding-bottom: 4px;" valign="bottom" width="76%"> <div align="center" style="text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; display: block;"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">Actual tax expense</font></div> </td> <td align="left" style="padding-bottom: 4px;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left; border-bottom-color: black; border-bottom-width: 4px; border-bottom-style: double;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">$</font></td> <td style="text-align: right; border-bottom-color: black; border-bottom-width: 4px; border-bottom-style: double;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">709,326</font></td> <td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td align="left" style="padding-bottom: 4px;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> <td style="text-align: left; border-bottom-color: black; border-bottom-width: 4px; border-bottom-style: double;" valign="bottom" width="1%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">$</font></td> <td style="text-align: right; border-bottom-color: black; border-bottom-width: 4px; border-bottom-style: double;" valign="bottom" width="9%"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;">665,601</font></td> <td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="font-family: 'times new roman'; font-size: 10pt; display: inline;"> </font></td> </tr> </table> </div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 false0INCOME TAXESfalseINCOME TAXESUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.jacksonvillesavings.com/role/IncomeTaxes12