Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

NOTE 20 – ACCUMULATED OTHER COMPREHENSIVE INCOME

The table below details the components of accumulated other comprehensive income at year-end:

	Pre-Tax Amount			Tax (Expense) Benefit			Net-of-Tax Amount
December 31, 2020	$	3,338,414		$	(701,067	)	$	2,637,347
Changes in  unrealized loss on available-for-sale securities		(2,025,511	)		425,357		$	(1,600,154	)
Reclassification adjustment for gains included in net loss		(117,903	)		24,760		$	(93,143	)
December 31, 2021	$	1,195,000		$	(250,950	)	$	944,050
December 31, 2019	$	1,497,299		$	(314,433	)	$	1,182,866
Changes in net unrealized gain on investments		1,905,367			(400,127	)	$	1,505,240
Reclassification adjustment for net realized gains included in net loss		(64,253	)		13,493		$	(50,760	)
December 31, 2020	$	3,338,413		$	(701,067	)	$	2,637,347