Comprehensive income (loss)

6 Months Ended

Jun. 30, 2012

Equity [Abstract]

Comprehensive income (loss)

5. Comprehensive income (loss)

Total comprehensive income (loss) includes net loss and other comprehensive income or loss, which is comprised of unrealized gains and losses on investment securities available for sale, net of taxes. The Corporation's total accumulated other comprehensive income as of June 30, 2012 and June 30, 2011 was $224,000 and $1.1 million, respectively. The difference between the Corporation's net loss and total comprehensive gain or loss for these periods relates to the change in net unrealized gains and losses on investment securities available for sale during the applicable period of time.