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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net income $ 6,676,467 $ (523,818) $ 13,049,956 $ 3,654,071
Unrealized holding gains (losses) arising during the period before tax 2,081,800 (3,954,857) 6,945,518 443,347
Less reclassification adjustment for gains included in net income before tax 18,030 376,510 416,933
2,063,770 (3,954,857) 6,569,008 26,414
Unrealized holding gains (losses) arising during the period before tax (159,691) 119,433 (549,627) (252,950)
Less reclassification adjustment for ineffectiveness and caplet amortization before tax 20,154 9,561 35,591 10,463
(179,845) 109,872 (585,218) (263,413)
Other comprehensive income (loss), before tax 1,883,925 (3,844,985) 5,983,790 (236,999)
Tax expense (benefit) 703,292 (1,466,064) 2,277,746 (78,943)
Other comprehensive income (loss), net of tax 1,180,633 (2,378,921) 3,706,044 (158,056)
Comprehensive income (loss) 7,857,100 (2,902,739) 16,756,000 3,496,015
Other comprehensive income (loss):        
Unrealized holding gains (losses) arising during the period before tax 2,081,800 (3,954,857) 6,945,518 443,347
Less reclassification adjustment for gains included in net income before tax 18,030 376,510 416,933
2,063,770 (3,954,857) 6,569,008 26,414
Unrealized holding gains (losses) arising during the period before tax (159,691) 119,433 (549,627) (252,950)
Less reclassification adjustment for ineffectiveness and caplet amortization before tax 20,154 9,561 35,591 10,463
(179,845) 109,872 (585,218) (263,413)
Other comprehensive income (loss), before tax 1,883,925 (3,844,985) 5,983,790 (236,999)
Tax expense (benefit) 703,292 (1,466,064) 2,277,746 (78,943)
Other comprehensive income (loss), net of tax 1,180,633 (2,378,921) 3,706,044 (158,056)
Comprehensive income (loss) $ 7,857,100 $ (2,902,739) $ 16,756,000 $ 3,496,015