SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)

12 Months Ended

Dec. 31, 2012

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

Summary of information concerning securities sold under agreements to repurchase

	2012			2011
Average daily balance during the year	$	25,945,603		$	22,823,940
Average interest rate during the year	0.06		%	0.05		%
Maximum month-end balance during the year	$	34,494,579		$	36,874,298
Weighted average interest rate at year-end	0.06		%	0.00		%