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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net income (loss) $ (232,564) $ 102,201 $ (200,049) $ 212,924
Other comprehensive income (loss):        
Unrealized holding gains (losses) on available for sale securities (88,431) 131,939 1,935 170,024
Less reclassification adjustments for unrealized gains later recognized in income 0 0 0 (7,409) [1]
Net unrealized gain (loss) (88,431) 131,939 1,935 162,615
Tax expense (benefit) 30,066 15,612 (659) 15,612
Total other comprehensive income (loss) (58,365) 147,551 1,276 178,227
Comprehensive income (loss) $ (290,929) $ 249,752 $ (198,773) $ 391,151
[1] Appears on condensed consolidated statement of income (loss) as a gain on sale of securities.