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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net income $ 7,853,935 $ 6,107,501 $ 25,804,917 $ 19,157,457
Unrealized holding gains arising during the period before tax 289,086 3,682,514 2,057,586 10,628,032
Less reclassification adjustment for gains (losses) included in net income before tax (63,588) 4,251,773 (25,124) 4,628,283
352,674 (569,259) 2,082,710 5,999,749
Unrealized holding losses arising during the period before tax (8,446) (49,573) (186,000) (634,791)
Less reclassification adjustment for ineffectiveness and caplet amortization before tax (95,361) (33,246) (354,813) (82,281)
86,915 (16,327) 168,813 (552,510)
Other comprehensive income (loss), before tax 439,589 (585,586) 2,251,523 5,447,239
Tax expense (benefit) 165,012 (224,402) 864,468 2,102,379
Other comprehensive income (loss), net of tax 274,577 (361,184) 1,387,055 3,344,860
Comprehensive income $ 8,128,512 $ 5,746,317 $ 27,191,972 $ 22,502,317