Page 11 - Annual Report 2017
P. 11

TEXAS GULF BANCSHARES, INC. AND SUBSIDIARY

                                            Consolidated Statements of Comprehensive Income
                                                     December 31, 2016 and 2015

                                                                          2016                2015

          Consolidated net income                                     $      5,999,357    $     6,272,577


          Changes in net unrealized (loss) gain on securities
           available for sale                                              (2,976,370)            (51,402)


          Reclassification adjustment, net gains included in income           (10,100)               (940)

          Other comprehensive loss                                         (2,986,470)            (52,342)


          Total comprehensive income                                  $      3,012,887    $     6,220,235


























































             See accompanying notes to consolidated financial statements.
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