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Federal Taxes
9 Months Ended
Sep. 30, 2012
Federal Taxes [Abstract]  
Federal Taxes
9. Federal Taxes

The Corporation has net deferred tax assets of $7.2 million at September 30, 2012. A valuation allowance offsetting the entire amount has been recorded reflecting the current uncertainty about future realization of those benefits. We will continue to evaluate our estimate of future realization of those benefits and adjust the valuation allowance as future realization becomes more probable.