ACCUMULATED OTHER COMPREHENSIVE INCOME

9 Months Ended

Sep. 30, 2016

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:

	September 30, 2016			December 31, 2015
Net unrealized gains on securities available-for-sale	$	2,249,720		$	1,197,486
Tax effect		(764,905	)		(407,145	)
Net-of-tax amount	$	1,484,815		$	790,341