Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Net income | $ 1,198,659 | $ 1,078,509 | $ 2,363,186 | $ 2,298,496 |
Other comprehensive income, net of income taxes: | ||||
Total unrealized gain on investment securities available for sale, net of hedges | 682,000 | 1,339,000 | 2,089,000 | 878,000 |
Reclassification adjustment for realized loss (gains) | 0 | 31,000 | (94,000) | 32,000 |
Income tax expense | (188,000) | (384,000) | (547,000) | (250,000) |
Total other comprehensive income | 494,000 | 986,000 | 1,448,000 | 660,000 |
Total comprehensive income | $ 1,693,000 | $ 2,065,000 | $ 3,811,000 | $ 2,958,000 |
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- Definition Amount of realized losses of reclassification adjustment from accumulated other comprehensive income for unrealized loss realized upon the sale of available-for-sale securities. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after tax and reclassification adjustment, of gain (loss) in value of unsold investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), attributable to parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount, after adjustment, of tax expense (benefit) for unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) and tax expense (benefit) for unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount, before tax and adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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