EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2013

EARNINGS PER SHARE

Schedule of basic and diluted earnings per share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
Net income	$	860,130	$	1,314,440	$	2,921,566	$	3,025,481
Basic potential common shares:
Weighted average shares outstanding	7,160,909		7,635,819		7,301,902		7,673,272
Weighted average unallocated Employee Stock Ownership Plan shares	—		—		—		—
Basic weighted average shares outstanding	7,160,909		7,635,819		7,301,902		7,673,272
Dilutive potential common shares	—		—		—		—
Diluted weighted average shares outstanding	7,160,909		7,635,819		7,301,902		7,673,272
Basic and diluted earnings per share	$	0.12	$	0.17	$	0.40	$	0.39