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Consolidated Statement of Comprehensive Income

December 31

2010

2009
Net Income $ 4,693,667 $ 5,544
Other comprehensive income
Change in unrealized gain on available for sale securities 1,003,465 4,064,068
Net (gain) loss reclassified to income - 43,660
1,003,465 4,107,728
Income Tax effect (355,350) (707,430)
Other comprehensive loss 648,115 3,400,298
Comprehensive income $ 5,341,782 $ 3,405,842

The accompanying notes are an integral part of these financial statements