Comprehensive Income

12 Months Ended

Dec. 31, 2011

Comprehensive Income

Comprehensive Income

Note 16 - Comprehensive Income

The following shows the components and activity of comprehensive income during the periods ended December 31, 2011 and 2010:

Year ended December 31,	2011			2010
Unrealized holding gains (losses) arising during the period on available-for-sale securities	$	4,685		$	(280	)
Reclassification adjustment for gains on sales included in net income		(46	)		(309	)
Reclassification adjustment for OTTI losses included in net income		97			310
Net unrealized gains (losses)		4,736			(279	)
Tax effect		(1,610	)		95
Other comprehensive income (loss), net of tax		3,126			(184	)
Net income		8,880			7,217
Total comprehensive income, net of tax	$	12,006		$	7,033

The components of accumulated other comprehensive income are as follows:

Year ended December 31,	2011			2010
Unrealized net holding gains on available-for-sale securities	$	8,227		$	3,556
Unrealized losses on available-for-sale securities for which a portion of an other-than- temporary impairment loss has been recognized in earnings		(1,159	)		(1,224	)
Accumulated other comprehensive income		7,068			2,332
Tax effect		(2,403	)		(793	)
Accumulated other comprehensive income, net of tax	$	4,665		$	1,539