15. CONDENSED FINANCIAL STATEMENTS OF THE PARENT COMPANY ONLY (Parent Company [Member])

12 Months Ended

Dec. 31, 2012

Parent Company [Member]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

15.    CONDENSED FINANCIAL STATEMENTS OF THE PARENT COMPANY ONLY

	2012			2011
ASSETS
Cash and cash equivalents	$	1,100		$	—
Money market		791,339			352,608
Investment in subsidiaries		26,909,760			26,689,568
Deferred taxes		48,359			49,679
Other assets		37,464			36,017
Total assets	$	27,788,022		$	27,127,872
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES:
Accounts payable, accrued expenses and other liabilities	$	34,051		$	25,612
Total liabilities		34,051			25,612
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY
Common stock ($.0001 par value, 10,000,000 shares authorized 1,989,509 issued, 1,785,309 outstanding at December 31, 2012 and 1,797,809 outstanding at December 31, 2011)		199			199
Additional paid-in capital		9,257,167			9,304,789
Retained earnings		19,336,280			18,574,651
Treasury stock, at cost (204,200 shares at December 31, 2012 and 191,700 shares at December 31, 2011)		(2,068,898	)		(1,935,596	)
Unearned Employee Stock Ownership Plan shares		(225,438	)		(394,516	)
Accumulated other comprehensive gain, net of taxes of $1,226,742 and $1,309,447, respectively		1,454,661			1,552,733
Total stockholders’ equity		27,753,971			27,102,260
Total liabilities and stockholders’ equity	$	27,788,022		$	27,127,872

	2012			2011
INTEREST INCOME:
Loans recievable	$	15,762		$	22,525
Other interest income		3,423			3,761
Total interest income		19,185			26,286
INTEREST EXPENSE:
Total interest expense		—			—
Net interest income		19,185			26,286
NON-INTEREST INCOME:
Dividend income		1,000,000			500,000
Other		—			—
		1,000,000			500,000
NON-INTEREST EXPENSES:
Salaries and benefits		101,672			93,727
Legal fees		30,000			57,000
Other		111,207			91,514
Total non-interest expenses		242,879			242,241
INCOME BEFORE INCOME TAXES		776,306			284,045
PROVISION/(BENEFIT) FROM INCOME TAXES:
Current		(110,712	)		(112,860	)
Deferred		1,320			5,217
Total income taxes		(109,392	)		(107,643	)
EQUITY IN UNDISTRIBUTED EARNINGS, NET OF TAXES		302,502			1,052,763
NET INCOME	$	1,188,200		$	1,444,451

	2012			2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,188,200		$	1,444,451
Adjustments to reconcile net income to net cash used in operating activities:
Changes in operating assets and liabilities:
ESOP compensation expense		(81,162	)		(71,855	)
Stock-based compensation expense		101,672			95,952
Undistributed income of subsidiaries		(302,502	)		(1,052,763	)
Increase in other assets		(1,447	)		3,076
Decrease/(increase) in deferred income taxes		1,320			5,217
Increase/(decrease) in accounts payable, accrued expenses, and other liabilities		25,720			20,654
Net cash provided by operating activities		931,801			444,732
CASH FLOWS FROM INVESTING ACTIVITIES:
Net decrease in loan receivable		169,078			169,078
Net decrease/(increase) in money market deposit		(438,731	)		111,215
Net cash provided by investing activities		(269,653	)		280,293
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of treasury stock, at cost		(234,477	)		(291,799	)
Payment of dividends		(426,571	)		(433,235	)
Net cash used in financing activities		(661,048	)		(725,034	)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS		1,100			(9	)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		—			9
CASH AND CASH EQUIVALENTS, END OF YEAR	$	1,100		$	—
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for:
Interest	$	—		$	—
Income taxes	$	—		$	—