COMMITMENTS AND LETTERS OF CREDIT

6 Months Ended

Jun. 30, 2016

COMMITMENTS AND LETTERS OF CREDIT [Abstract]

COMMITMENTS AND LETTERS OF CREDIT

NOTE 4. COMMITMENTS AND LETTERS OF CREDIT

At June 30, 2016, the Company had commitments to extend credit, including unused lines of credit of approximately $54,082,000 and letters of credit outstanding of $1,940,837.