FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Financial assets:
Accrued interest receivable	$ 1,691,799	$ 1,592,307
Financial liabilities:
Non-interest bearing deposits	62,779,210	60,330,245
Interest-bearing deposits	459,270,206	400,043,801
Accrued interest payable	221,941	284,270
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and cash equivalents	119,935,633	71,414,598
Financial liabilities:
Non-interest bearing deposits	62,779,210	60,330,245
Interest-bearing deposits	327,953,088	249,519,944
Accrued interest payable	17,257	27,481
Significant Other Observable Inputs (Level 2)
Financial assets:
Interest-earning time deposits	1,764,098	1,749,744
Accrued interest receivable	602,193	445,151
Financial liabilities:
Interest-bearing deposits	132,325,513	151,235,158
Federal Home Loan Bank advances	22,137,263	22,222,771
Securities sold under agreement to repurchase	23,537,145	34,494,579
Subordinated debentures	4,000,000	4,000,000
Accrued interest payable	204,684	256,789
Significant Unobservable Inputs (Level 3)
Financial assets:
Loans, net (excluding impaired loans at fair value)	370,560,924	398,541,271
Accrued interest receivable	1,089,606	1,147,156
Carrying Amount
Financial assets:
Cash and cash equivalents	119,935,633	71,414,598
Interest-earning time deposits	1,764,098	1,749,744
Federal Home Loan Bank stock	2,887,763	2,887,763
Loans, net (excluding impaired loans at fair value)	367,550,636	390,513,946
Accrued interest receivable	1,691,799	1,592,307
Financial liabilities:
Non-interest bearing deposits	62,779,210	60,330,245
Interest-bearing deposits	459,270,206	400,043,801
Federal Home Loan Bank advances	21,978,000	21,966,750
Securities sold under agreement to repurchase	23,537,145	34,494,579
Subordinated debentures	4,000,000	4,000,000
Accrued interest payable	221,941	284,270
Fair Value
Financial assets:
Cash and cash equivalents	119,935,633	71,414,598
Interest-earning time deposits	1,764,098	1,749,744
Loans, net (excluding impaired loans at fair value)	370,560,924	398,541,271
Accrued interest receivable	1,691,799	1,592,307
Financial liabilities:
Non-interest bearing deposits	62,779,210	60,330,245
Interest-bearing deposits	460,278,601	400,755,102
Federal Home Loan Bank advances	22,137,263	22,222,771
Securities sold under agreement to repurchase	23,537,145	34,494,579
Subordinated debentures	4,000,000	4,000,000
Accrued interest payable	$ 221,941	$ 284,270