COMMITMENTS

9 Months Ended

Sep. 30, 2011

Commitments And Contingencies Disclosure [Abstract]

Commitments And Contingencies Disclosure [Text Block]

NOTE B – COMMITMENTS

At September 30, 2011, commitments are as follows:

Undisbursed lines of credit	$	31,241,000
Commitments to extend credit		77,889,591
Stand-by letters of credit		3,787,067
Commitments to sell loans held for sale		2,820,775
Undisbursed commitment to purchase additional investment in Small Business Investment Corporation		362,500