ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

7. ACCUMULATED OTHER COMPREHENSIVE INCOME

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

	March 31, 2014			December 31, 2013
Net unrealized gain (loss) on securities available-for-sale	$	(836,658	)	$	(2,101,461	)
Tax effect		284,464			714,497
Net-of-tax amount	$	(552,194	)	$	(1,386,964	)