ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS

12 Months Ended

Dec. 31, 2012

ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS

(18)           ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS

Accumulated other comprehensive income or loss represents the net unrealized holding gains or losses on securities available for sale and the funded status of the Corporation's defined benefit pension plan and other benefit plans, as of the consolidated balance sheet dates, net of the related tax effect.

The following is a summary of the accumulated other comprehensive income or loss balance, net of tax:

	Balance at December 31, 2011				Current Period Change			Balance at December 31, 2012
Unrealized gains on securities available for sale		$	7,987,055		$	35,735		$	8,022,790
Unrealized loss on pension plans and other benefit plans			(9,428,433	)		(1,401,286	)		(10,829,719	)
Total		$	(1,441,378	)	$	(1,365,551	)	$	(2,806,929	)