INVESTMENT SECURITIES AVAILABLE FOR SALE (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 118,422,116	$ 112,021,061
Gross Unrealized Gains	1,783,297	2,175,331
Gross Unrealized Losses	207,828	202,280
Estimated Fair Value	119,997,585	113,994,112
U.S. Treasury Notes [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	34,517,996	29,162,412
Gross Unrealized Gains	161,037	105,627
Gross Unrealized Losses	45,360	19,758
Estimated Fair Value	34,633,673	29,248,281
Government-Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	51,136,426	50,194,951
Gross Unrealized Gains	281,650	95,961
Gross Unrealized Losses	133,744	148,263
Estimated Fair Value	51,284,332	50,142,649
Municipal Securties
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	32,767,694	32,663,698
Gross Unrealized Gains	1,340,610	1,973,743
Gross Unrealized Losses	28,724	34,259
Estimated Fair Value	$ 34,079,580	$ 34,603,182