INVESTMENT SECURITIES AVAILABLE FOR SALE (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Amortized Cost
Due in one year or less	$ 3,311,346	$ 8,324,400
Due in one year to five years	69,870,930	43,301,670
Due in five years to ten years	41,930,801	52,566,597
Due in ten years and over	3,309,039	7,828,394
Total	118,422,116	112,021,061
Estimated Fair Value
Due in one year or less	3,326,249	8,362,398
Due in one year to five years	70,584,179	43,851,426
Due in five years to ten years	42,670,986	53,671,067
Due in ten years and over	3,416,171	8,109,221
Total	$ 119,997,585	$ 113,994,112