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Note 17: Accumulated Other Comprehensive Income: Schedule of Changes in accumulated other comprehensive income (Tables)
12 Months Ended
Dec. 31, 2015
Tables/Schedules  
Schedule of Changes in accumulated other comprehensive income

 

 

December 31

 2015

 2014

 Unrealized losses on available for-sale securities

 $    (1,289,508)

 $       (390,143)

 Reclassification adjustment for net realized gains in net income

            113,751

            293,985

 Net unrealized gains (losses) before taxes

       (1,175,757)

            (96,158)

 Tax (expense) benefit

            404,414

              30,310

 Net

          (771,343)

            (65,848)

 Potential unrealized gains for derivative bank loans (interest rate swaps) before taxes

              17,423

              26,940

 Tax expense

              (6,794)

            (10,507)

 Net

              10,629

              16,433

 Potential unrealized gains (losses) for derivative mortgage loans before taxes

         1,403,240

            441,943

 Tax (expense) benefit

          (547,264)

          (172,358)

 Net

            855,976

            269,585

 Other comprehensive income (loss) changes

 $           95,262

 $         220,170