XML 92 R91.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 11 - Federal and State Income Taxes (Detail) - Reconciliation of the Expected Federal Income Tax Expense (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Computed "expected" tax expense $ 6,174,295 $ 4,899,324 $ 3,239,941
Computed "expected" tax expense 35.00% 35.00% 35.00%
Effect of graduated tax rates interest (20,775) (139,981) (92,570)
Effect of graduated tax rates interest (0.10%) (1.00%) (1.00%)
Tax exempt income, net (1,243,660) (692,742) (556,682)
Tax exempt income, net (7.00%) (4.90%) (6.00%)
Bank-owned life insurance (544,292) (490,491) (451,457)
Bank-owned life insurance (3.10%) (3.50%) (4.90%)
State income taxes, net of federal benefit, current year 730,865 533,250 330,917
State income taxes, net of federal benefit, current year 4.10% 3.80% 3.60%
Change in unrecognized tax benefits (149,183) 2,074 71,671
Change in unrecognized tax benefits (0.80%)   0.80%
Noncontrolling interests (166,081) (148,995) (75,156)
Noncontrolling interests (0.90%) (1.10%) (0.80%)
Other (246,568) (94,240) (17,415)
Other (1.50%) (0.70%) (0.20%)
$ 4,534,601 $ 3,868,199 $ 2,449,249
25.70% 27.60% 26.50%