XML 18 R8.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Comprehensive Income
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements [Abstract]  
Comprehensive Income
Note 4.  Comprehensive Income

     Accounting principles generally require recognized revenues, expenses, gains, and losses to be included in net income.  Certain changes in assets and liabilities, such as the after-tax effect of unrealized gains and losses on available-for-sale securities, are not reflected in the statement of income, but the cumulative effect of such items from period-to-period is reflected as a separate component of the equity section of the balance sheet (accumulated other comprehensive income or loss).  Other comprehensive income or loss, along with net income, comprises the Company's total comprehensive income.

The Company's total comprehensive income for the comparison periods is calculated as follows:

For The Second Quarter Ended June 30,
 
2011
  
2010
 
        
        Net income
 $871,318  $732,533 
          
Other comprehensive income (loss), net of tax:
        
     Change in unrealized holding gain on available-for-sale
        
       securities arising during the period
  203,720   (11,981)
        Tax effect
  (69,265)  4,074 
        Other comprehensive income (loss), net of tax
  134,455   (7,907)
               Total comprehensive income
 $1,005,773  $724,626 

For The Six Months Ended June 30,
 
2011
  
2010
 
        
Net income
 $1,816,187  $1,671,445 
          
Other comprehensive income (loss), net of tax:
        
     Change in unrealized holding gain on available-for-sale
        
       securities arising during the period
  201,364   (25,551)
        Tax effect
  (68,463)  8,687 
        Other comprehensive income (loss), net of tax
  132,901   (16,864)
               Total comprehensive income
 $1,949,088  $1,654,581