Securities

6 Months Ended

Jun. 30, 2012

Securities [Abstract]

Securities

Note 2 – SECURITIES

United States Treasury securities are classified as "held-to-maturity" securities and are carried at cost, adjusted for accrued interest and amortization of premium or discount. The aggregate fair values listed in the table below are based on quoted prices in active markets for identical assets (Level 1). Securities recognized as current assets will mature within one year of the respective period ending date stated below. Securities recognized as noncurrent assets will mature one to three years from the respective period ending date stated below. Following is an analysis of the securities as of the periods stated:

	Current				Noncurrent
	June 30, 2012		Dec. 31, 2011		June 30, 2012		Dec. 31, 2011
Aggregate fair value	$	6,973,582	$	5,094,703	$	4,822,928	$	4,755,809
Gross unrealized holding gains		-7,440		-4,929		-1,299		-12,995
Gross unrealized holding losses		8		857		5,486		1,192
Amortized cost basis		6,966,150		5,090,631		4,827,115		4,744,006
Accrued interest		16,143		17,676		15,047		15,066
Amounts shown on balance sheets	$	6,982,293	$	5,108,307	$	4,842,162	$	4,759,072