INVESTMENT SECURITIES (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011	Nov. 18, 2011
Securities available for sale:
Amortized cost	$ 149,505,545	$ 143,486,123	$ 89,800,000
Gross unrealized gains	2,195,887	525,130
Gross unrealized losses	271,837	507,405
Fair value	151,429,595	143,503,848
Residential mortgage-backed securities - GSE [Member]
Securities available for sale:
Amortized cost	39,507,593	19,451,556
Gross unrealized gains	535,016	19,641
Gross unrealized losses	30,973	106,853
Fair value	40,011,636	19,364,344
Commercial mortgage-backed securities - private [Member]
Securities available for sale:
Amortized cost	6,848,630
Gross unrealized gains	0
Gross unrealized losses	23,449
Fair value	6,825,181
Collateralized mortgage obligations - GSE [Member]
Securities available for sale:
Amortized cost	50,398,217	82,192,471
Gross unrealized gains	161,268	153,812
Gross unrealized losses	101,739	251,414
Fair value	50,457,746	82,094,869
Municipals Non Taxable [Member]
Securities available for sale:
Amortized cost	15,527,164	13,280,926
Gross unrealized gains	464,054	263,159
Gross unrealized losses	50,872	30,194
Fair value	15,940,346	13,513,891
Municipals Taxable [Member]
Securities available for sale:
Amortized cost	1,635,000
Gross unrealized gains	12,508
Gross unrealized losses	0
Fair value	1,647,508
Corporate Bond [Member]
Securities available for sale:
Amortized cost	35,042,978	28,041,712
Gross unrealized gains	850,529	38,943
Gross unrealized losses	64,804	114,553
Fair value	35,828,703	27,966,102
Marketable Equity Securities [Member]
Securities available for sale:
Amortized cost	545,963	519,458
Gross unrealized gains	172,512	49,575
Gross unrealized losses	0	4,391
Fair value	718,475	564,642
Collateralized Mortgage Backed Securities [Member]
Securities available for sale:
Fair value		$ 19,364,344

This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.

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This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

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- Definition

This item represents the gross unrealized gains for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities.

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