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Note 3. Recent Accounting Pronouncements
6 Months Ended
Jun. 30, 2012
Description of New Accounting Pronouncements Not yet Adopted [Text Block]
3.    Recent Accounting Pronouncements

In May 2011, the FASB issued ASU No. 2011-03, Transfers and Servicing (Topic 860):  Reconsideration of Effective Control for Repurchase Agreements.  The ASU is intended to improve financial reporting of repurchase agreements (“repos”) and other agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity.  The amendments to the codification in this ASU are intended to improve the accounting for these transactions by removing from the assessment of effective control the criterion requiring the transferor to have the ability to repurchase or redeem the financial assets.  The guidance in the ASU was effective for the first interim or annual period beginning on or after December 15, 2011.  The provisions of this guidance did not have any impact on the Corporation’s consolidated financial condition, results of operations or liquidity.