INVESTMENT SECURITIES (Details 3) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Gross unrealized losses and fair value, for securities available-for-sale, in a continuous unrealized loss position
Less than Twelve months, Fair value	$ 60,673,102	$ 29,691,117
Less than Twelve months, Unrealized losses	1,021,383	228,923
Total, Fair value	60,673,102	29,691,117
Total, Unrealized losses	1,021,383	228,923
Twelve months or more, Fair value	0	0
Nonmarketable equity securities
Investment in community bank holding companies stock	54,500	55,250
Investment in Federal Home Loan Bank stock	1,394,900	2,328,500
Government-sponsored enterprises
Gross unrealized losses and fair value, for securities available-for-sale, in a continuous unrealized loss position
Less than Twelve months, Fair value		4,096,526
Less than Twelve months, Unrealized losses		10,565
Total, Fair value		4,096,526
Total, Unrealized losses		10,565
Mortgage-backed securities
Gross unrealized losses and fair value, for securities available-for-sale, in a continuous unrealized loss position
Less than Twelve months, Fair value	60,673,102	25,594,591
Less than Twelve months, Unrealized losses	1,021,383	218,358
Total, Fair value	60,673,102	25,594,591
Total, Unrealized losses	$ 1,021,383	$ 218,358