FAIR VALUE MEASUREMENTS (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Assets:
Transfers of assets between Level 1 to Level 2	$ 0
Transfers of liabilities between Level 1 to Level 2	0
Transfers of assets between Level 2 to Level 1	0
Transfers of liabilities between Level 2 to Level 1	0
Total securities available for sale	109,825,327	88,280,080
U.S. government agency obligations
Assets:
Total securities available for sale	32,338,410	19,793,502
State and municipal securities
Assets:
Total securities available for sale	42,459,962	36,403,923
Other securities
Assets:
Total securities available for sale	248,501	248,501
Mortgage-backed: residential
Assets:
Total securities available for sale	34,778,454	31,834,154
Recurring basis \| Significant Other Observable Inputs (Level 2)
Assets:
Total securities available for sale	109,825,327	88,280,080
Recurring basis \| Significant Other Observable Inputs (Level 2) \| U.S. government agency obligations
Assets:
Total securities available for sale	32,338,410	19,793,502
Recurring basis \| Significant Other Observable Inputs (Level 2) \| State and municipal securities
Assets:
Total securities available for sale	42,459,962	36,403,923
Recurring basis \| Significant Other Observable Inputs (Level 2) \| Other securities
Assets:
Total securities available for sale	248,501	248,501
Recurring basis \| Significant Other Observable Inputs (Level 2) \| Mortgage-backed: residential
Assets:
Total securities available for sale	34,778,454	31,834,154
Recurring basis \| Total
Assets:
Total securities available for sale	109,825,327	88,280,080
Recurring basis \| Total \| U.S. government agency obligations
Assets:
Total securities available for sale	32,338,410	19,793,502
Recurring basis \| Total \| State and municipal securities
Assets:
Total securities available for sale	42,459,962	36,403,923
Recurring basis \| Total \| Other securities
Assets:
Total securities available for sale	248,501	248,501
Recurring basis \| Total \| Mortgage-backed: residential
Assets:
Total securities available for sale	$ 34,778,454	$ 31,834,154

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

+ References+ Details