4. LOANS RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	2012			2011
Commercial loans (principally variable rate):
Secured	$	2,050,728		$	1,522,639
Unsecured		16,502,920			12,997,139
Total commercial loans		18,553,648			14,519,778
Real estate loans:
Commercial		56,698,844			59,376,008
Residential		2,498,603			2,309,899
Total real estate loans		59,197,447			61,685,907
Construction loans (net of undisbursed funds of $2,854,500 and $2,644,500, respectively)		3,112,477			4,610,000
Consumer loans		565,573			602,144
Other loans		768,790			717,261
		1,334,363			1,319,405
Total loans receivable		82,197,935			82,135,090
Less:
Unearned loans fees, net		(226,364	)		(224,100	)
Allowance for loan losses		(1,753,521	)		(1,343,020	)
Total	$	80,218,050		$	80,567,970

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	2012		2011
Nonaccrual loans:
Commercial real estate	$	5,923,090	$	8,265,397
Residential real estate		—		2,200,000
Construction		467,500		397,500
Total nonaccrual loans	$	6,390,590	$	10,862,897

Past Due Financing Receivables [Table Text Block]

December 31, 2012			30-59 Days		60-89 Days		Greater than 90 Days		Total		Loans Not
	Total		Past Due		Past Due		Past Due		Past Due		Past Due
Commercial loans:
Unsecured	$	16,502,920	$	4,599	$	—	$	—	$	4,599	$	16,498,321
Secured		2,050,728		—		91,649		—		91,649		1,959,079
Real Estate loans
Commercial		56,698,844		1,946,281		150,000		5,923,090		8,019,371		48,679,473
Residential		2,498,603		—		—		—		—		2,498,603
Construction loans		3,112,477		—		—		467,500		467,500		2,644,977
Consumer loans		565,573		—		2,903		—		2,903		562,670
Other loans		768,790		—		—		—		—		768,790
Total loans	$	82,197,935	$	1,950,880	$	244,552	$	6,390,590	$	8,586,022	$	73,611,913

December 31, 2011			30-59 Days		60-89 Days		Greater than 90 Days		Total		Not
	Total		Past Due		Past Due		Past Due		Past Due		Past Due
Commercial loans:
Unsecured	$	12,997,139	$	84,529	$	16,260	$	—	$	100,789	$	12,896,350
Secured		1,522,639		—		—		—		—		1,522,639
Real Estate loans
Commercial		59,376,008		997,740		359,620		8,265,397		9,622,757		49,753,251
Residential		2,309,899		—		—		2,200,000		2,200,000		109,899
Construction loans		4,610,000		—		—		397,500		397,500		4,212,500
Consumer loans		602,144		678		—		—		678		601,466
Other loans		717,261		—		—		—		—		717,261
Total loans	$	82,135,090	$	1,082,947	$	375,880	$	10,862,897	$	12,321,724	$	69,813,366

Impaired Financing Receivables [Table Text Block]

	December 31,		December 31,
	2012		2011
Loans with no allocated allowance for loan losses:
Commercial real estate	$	3,924,469	$	6,662,331
Construction		467,500		397,500
Residential real estate		—		2,200,000
Loans with allocated allowance for loan losses:
Commercial real estate		1,772,565		1,350,374
	$	6,164,534	$	10,610,205
Amount of the allowance for loan losses allocated:
Commercial real estate	$	838,531	$	346,095
	$	838,531	$	346,095

	Year Ended		Year Ended
	December 31,		December 31,
	2012		2011
Average of individually impaired loans during period:
Commercial real estate	$	6,383,255	$	3,630,540
Construction		177,292		198,750
Commercial unsecured		23		94,278
Residential real estate		366,667		1,650,000
	$	6,927,237	$	5,573,568
Interest income recognized during time period that loans were impaired, either using accrual or cash-basis method of accounting	$	1,554	$	165,515

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

			Pre-Modification		Post-Modification
	Number		Outstanding Recorded		Outstanding Recorded
	of Loans		Investment		Investment
Troubled Debt Restructurings:
Commerical real estate		6	$	3,193,700	$	3,193,700

Concentration Risk, Credit Risk, Loan Products

	At December 31, 2012
		Special						Not
		Mention		Substandard		Doubtful		Classified		Total
Commercial Loans:
Secured	$	91,649	$	—	$	—	$	1,959,079	$	2,050,728
Unsecured		63,032		—		—		16,439,888		16,502,920
Commercial Real Estate		5,820,246		6,570,971		—		44,307,627		56,698,844
Residential Real Estate		—		2,174,455		—		324,148		2,498,603
Construction		—		467,500		—		2,644,977		3,112,477
Consumer		—		—		—		565,573		565,573
Other		3,746		—		—		765,044		768,790
Total loans	$	5,978,673	$	9,212,926	$	—	$	67,006,336	$	82,197,935
Real estate owned		—		342,867		—		—		342,867
Total assets	$	5,978,673	$	9,555,793	$	—	$	67,006,336	$	82,540,802

	At December 31, 2011
		Special						Not
		Mention		Substandard		Doubtful		Classified		Total
Commercial Loans:
Secured	$	—	$	—	$	—	$	1,522,639	$	1,522,639
Unsecured		127,132		50,379		—		12,819,628		12,997,139
Commercial Real Estate		2,012,188		9,039,881		—		48,323,939		59,376,008
Residential Real Estate		—		2,200,000		—		109,899		2,309,899
Construction		—		397,500		—		4,212,500		4,610,000
Consumer		12,682		—		—		589,462		602,144
Other		5,306		—		—		711,955		717,261
Total loans	$	2,157,308	$	11,687,760	$	—	$	68,290,022	$	82,135,090
Real estate owned		—		267,246		—		—		267,246
Total assets	$	2,157,308	$	11,955,006	$	—	$	68,290,022	$	82,402,336

Allowance for Credit Losses on Financing Receivables [Table Text Block]

December 31, 2012
	Commercial		Commercial				Commerical		Residential		Other
	Unsecured		Secured		Construction		Real Estate		Real Estate		Loans		Total
Allowance for loan losses:
Ending allowance balance attributable to loans
Individually evaluated for impairment	$	—	$	—	$	—	$	853,108	$	—	$	—	$	853,108
Collectively evaluated for impairment		425,495		18,790		16,282		394,091		4,528		41,227		900,413
Total ending allowance balance	$	425,495	$	18,790	$	16,282	$	1,247,199	$	4,528	$	41,227	$	1,753,521
Loans:
Individually evaluated for impairment	$	—	$	—	$	467,500	$	6,570,971	$	2,174,455	$	—	$	9,212,926
Collectively evaluated for impairment		16,502,920		2,050,728		2,644,977		50,127,873		324,148		1,334,363		72,985,009
Total ending loans balance	$	16,502,920	$	2,050,728	$	3,112,477	$	56,698,844	$	2,498,603	$	1,334,363	$	82,197,935

December 31, 2011
	Commercial		Commercial				Commerical		Residential		Other
	Unsecured		Secured		Construction		Real Estate		Real Estate		Loans		Total
Allowance for loan losses:
Ending allowance balance attributable to loans
Individually evaluated for impairment	$	6,664	$	—	$	—	$	363,520	$	—	$	—	$	370,184
Collectively evaluated for impairment		468,022		12,356		34,184		417,300		672		40,302		972,836
Total ending allowance balance	$	474,686	$	12,356	$	34,184	$	780,820	$	672	$	40,302	$	1,343,020
Loans:
Individually evaluated for impairment	$	50,379	$	—	$	397,500	$	9,039,881	$	2,200,000	$	—	$	11,687,760
Collectively evaluated for impairment		12,946,760		1,522,639		4,212,500		50,336,127		109,899		1,319,405		70,447,330
Total ending loans balance	$	12,997,139	$	1,522,639	$	4,610,000	$	59,376,008	$	2,309,899	$	1,319,405	$	82,135,090

Year ended December 31, 2012
	Commercial			Commercial					Commerical			Residential			Other
	Unsecured			Secured		Construction			Real Estate			Real Estate			Loans			Total
Allowance for loan losses:
Beginning balance	$	474,686		$	12,356	$	34,184		$	780,820		$	672		$	40,302		$	1,343,020
Provision for loan losses		(59,686	)		6,434		(17,902	)		440,304			(23,785	)		9,635			355,000
Loans charged-off		(100,757	)		—		—			(16,675	)		—			(10,917	)		(128,349	)
Recoveries		111,252			—		—			42,750			27,641			2,207			183,850
Total ending allowance balance	$	425,495		$	18,790	$	16,282		$	1,247,199		$	4,528		$	41,227		$	1,753,521

Year ended December 31, 2011
	Commercial			Commercial						Commerical			Residential			Other
	Unsecured			Secured			Construction			Real Estate			Real Estate			Loans			Total
Allowance for loan losses:
Beginning balance	$	520,953		$	13,486		$	52,138		$	653,362		$	7,174		$	30,107		$	1,277,220
Provision for loan losses		368,559			(1,130	)		(17,954	)		196,470			38,713			10,342			595,000
Loans charged-off		(532,957	)		—			—			(74,512	)		(57,715	)		(3,811	)		(668,995	)
Recoveries		118,131			—			—			5,500			12,500			3,664			139,795
Total ending allowance balance	$	474,686		$	12,356		$	34,184		$	780,820		$	672		$	40,302		$	1,343,020

Accrued Interest Income [Member]

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	2012		2011
Interest income that would have been recorded during the period on nonaccrual loans outstanding in accordance with original terms	$	478,556	$	595,946