PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS (Details) (USD $)	Dec. 31, 2012	Dec. 31, 2011
Premises, equipment and leasehold improvements, gross	$ 6,070,273	$ 6,439,558
Accumulated depreciation	(3,583,481)	(3,827,593)
Premises, equipment and leasehold improvements, net	2,486,792	2,611,965
Buildings
Premises, equipment and leasehold improvements, gross	1,817,008	1,813,277
Land
Premises, equipment and leasehold improvements, gross	838,075	838,075
Leasehold Purchase
Premises, equipment and leasehold improvements, gross	30,000	30,000
Leasehold Improvements
Premises, equipment and leasehold improvements, gross	675,784	662,054
Equipment
Premises, equipment and leasehold improvements, gross	$ 2,709,406	$ 3,096,152

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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