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Securities Available For Sale (Tables)
9 Months Ended
Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]  
Summary of Temporarily Impaired Securities

The following is a summary of the securities that the Company has determined to be temporarily impaired as of September 30, 2016:

 

    Less Than 12 Months     12 Months or Longer  
    Fair     Unrealized     Fair     Unrealized  
    Value     Loss     Value     Loss  
                         
Preferred Stock   $ 100,340     $ (2,082 )   $ -0-     $ -0-  
Common Stock     -0-       -0-       -0-       -0-  
Total   $ 100,340     $ (2,082 )   $ -0-     $ -0-  

Summary of Range of Losses

The following is a summary of the range of the losses on these temporarily impaired securities:

 

Number of
Individual Securities
    Fair Value     Unrealized Loss     Range of Loss  
  2     $ 100,340     $ (2,082 )     0-4%