INCOME TAXES (Details 3) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Allowance for loan losses	$ 1,248,551	$ 1,064,916
State net operating loss carryforward	50,301	45,987
State credit carryforward	236,536
Unrealized loss on securities available for sale	356,562
Other	45,661	23,749
Total gross deferred tax assets	1,937,611	1,134,652
Valuation allowance	(50,301)	(45,987)
Deferred tax liabilities:
Prepaid expenses	(2,779)	(1,363)
Unrealized gain on securities available for sale		(582,926)
Deferred loan fees	(46,392)	(40,184)
Fixed assets, principally due to differences in depreciation	(52,236)	(24,611)
Other bond accretion	(78,877)	(65,735)
Total gross deferred tax liabilities	(180,284)	(714,819)
Net deferred tax assets	$ 1,707,026	$ 373,846