Note 9 - Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2013

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) [Table Text Block]

	Quarter Ended September 30, 2013
	Pretax			Income Tax Expense (Benefit)			Net of Tax
Other comprehensive loss:
Change in net unrealized gains on available-for-sale securities:
Unrealized holding losses arising during period	$	(1,357,536	)	$	(856,681	)	$	(500,855	)
Reclassification adjustment for gains included in income		(2,418,806	)		(467,966	)		(1,950,840	)
Adjustment for effect of deferred acquisition costs		128,198			43,589			84,609
Net unrealized losses on investments		(3,648,144	)		(1,281,058	)		(2,367,086	)
Change in defined benefit pension plan:
Amortization of actuarial net loss in net periodic pension cost		193,161			65,675			127,486
Total other comprehensive loss	$	(3,454,983	)	$	(1,215,383	)	$	(2,239,600	)

	Quarter Ended September 30, 2012
	Pretax			Income Tax Expense (Benefit)			Net of Tax
Other comprehensive income:
Change in net unrealized gains on available-for-sale securities:
Unrealized holding gains arising during period	$	6,469,578		$	2,186,414		$	4,283,164
Reclassification adjustment for gains included in income		(249,927	)		(63,464	)		(186,463	)
Adjustment for effect of deferred acquisition costs		(166,471	)		(56,600	)		(109,871	)
Net unrealized gains on investments		6,053,180			2,066,350			3,986,830
Change in defined benefit pension plan:
Amortization of actuarial net loss in net periodic pension cost		171,359			58,262			113,097
Total other comprehensive income	$	6,224,539		$	2,124,612		$	4,099,927

	Nine Months Ended September 30, 2013
	Pretax			Income Tax Expense (Benefit)			Net of Tax
Other comprehensive loss:
Change in net unrealized gains on available-for-sale securities:
Unrealized holding losses arising during period	$	(23,152,456	)	$	(8,271,465	)	$	(14,880,991	)
Reclassification adjustment for gains included in income		(2,496,063	)		(500,184	)		(1,995,879	)
Adjustment for effect of deferred acquisition costs		798,791			271,589			527,202
Net unrealized losses on investments		(24,849,728	)		(8,500,060	)		(16,349,668	)
Change in defined benefit pension plan:
Amortization of actuarial net loss in net periodic pension cost		579,485			197,025			382,460
Total other comprehensive loss	$	(24,270,243	)	$	(8,303,035	)	$	(15,967,208	)

	Nine Months Ended September 30, 2012
	Pretax			Income Tax Expense (Benefit)			Net of Tax
Other comprehensive income:
Change in net unrealized gains on available-for-sale securities:
Unrealized holding gains arising during period	$	13,991,611		$	4,744,726		$	9,246,885
Reclassification adjustment for gains included in income		(448,186	)		(130,765	)		(317,421	)
Adjustment for effect of deferred acquisition costs		(360,841	)		(122,686	)		(238,155	)
Net unrealized gains on investments		13,182,584			4,491,275			8,691,309
Change in defined benefit pension plan:
Amortization of actuarial net loss in net periodic pension cost		690,197			234,667			455,530
Curtailment of defined benefit pension plan		2,519,152			856,512			1,662,640
Net change in defined benefit pension plan		3,209,349			1,091,179			2,118,170
Total other comprehensive income	$	16,391,933		$	5,582,454		$	10,809,479

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Unrealized Gains			Defined			Accumulated
	(Losses) on			Benefit			Other
	Available-For-Sale			Pension			Comprehensive
	Securities			Plans			Income
For the nine months ended September 30, 2013:
Beginning balance	$	28,088,103		$	(5,548,379	)	$	22,539,724
Other comprehensive loss before reclassifications		(14,353,789	)		-			(14,353,789	)
Amounts reclassified from accumulated other comprehensive income		(1,995,879	)		382,460			(1,613,419	)
Net current period other comprehensive income (loss)		(16,349,668	)		382,460			(15,967,208	)
Ending balance	$	11,738,435		$	(5,165,919	)	$	6,572,516
For the nine months ended September 30, 2012:
Beginning balance	$	20,334,585		$	(6,729,101	)	$	13,605,484
Other comprehensive income		8,691,309			2,118,170			10,809,479
Ending balance	$	29,025,894		$	(4,610,931	)	$	24,414,963

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

	Quarter			Nine Months
	Ended			Ended
Reclassification Adjustments	September 30, 2013			September 30, 2013
Unrealized gains on available-for-sale securities:
Realized gains on sale of securities (a)	$	2,418,806		$	2,496,063
Income tax expense (c)		(467,966	)		(500,184	)
Net of tax		1,950,840			1,995,879
Defined benefit pension plans:
Amortization of actuarial net loss (b)		(193,161	)		(579,485	)
Income tax benefit (c)		65,675			197,025
Net of tax		(127,486	)		(382,460	)
Total reclassifications for the period	$	1,823,354		$	1,613,419