XML 31 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
NET INCOME $ 2,550,542 $ 3,934,242 $ 7,099,405 $ 4,947,003
OTHER ITEMS OF COMPREHENSIVE INCOME:        
Change in unrealized gain (loss) on investment securities available-for-sale, before income taxes 721,464 (766,021) 3,441,561 (2,455,951)
Change in unrealized gain (loss) on interest rate swaps, before income taxes (852,090) 430,248 (3,694,933) 2,198,977
Less: Reclassification adjustment for realized (gains) losses on investment securities included in net income, before income taxes (31,493) 885 (79,756) 8,090
Total other items of comprehensive loss (162,119) (334,888) (333,128) (248,884)
Income tax (benefit) related to other items of comprehensive income (137,408) (85,397) (84,948) (63,467)
Other comprehensive (loss) (24,711) (249,491) (248,180) (185,417)
TOTAL COMPREHENSIVE INCOME $ 2,525,831 $ 3,684,751 $ 6,851,225 $ 4,761,586