Other Comprehensive Income

3 Months Ended

Sep. 30, 2011

Other Comprehensive Income [Abstract]

Other Comprehensive Income

NOTE 11 — OTHER COMPREHENSIVE INCOME

Other comprehensive income (loss) components and related tax effects were as follows at September 30, 2011:

	Three months ended September 30,
	2011			2010
Unrealized holding gains (losses) on available for sale securities	$	74,052		$	(758,758	)
Tax effect of holding gains and losses on available for sale securities		25,178			257,978
Tax effect of deferred tax asset valuation allowance		—			—
Other comprehensive income (loss)		48,874			(500,780	)
Net income (loss)		(820,597	)		(618,414	)
Total comprehensive income (loss)	$	(771,723	)	$	(1,119,194	)