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FAIR VALUE MEASUREMENTS (Details) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Assets:    
Total securities available for sale $ 109,301,326 $ 117,776,982
U.S. government agency obligations
   
Assets:    
Total securities available for sale 29,130,102 40,915,595
U.S. treasury securities
   
Assets:    
Total securities available for sale   5,000,000
State and municipal securities
   
Assets:    
Total securities available for sale 46,756,447 38,744,869
Other securities
   
Assets:    
Total securities available for sale 248,501 [1] 248,501 [1]
Mortgage-backed: residential
   
Assets:    
Total securities available for sale 33,166,276 32,868,017
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
   
Assets:    
Total securities available for sale      
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. government agency obligations
   
Assets:    
Total securities available for sale      
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. treasury securities
   
Assets:    
Total securities available for sale     
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | State and municipal securities
   
Assets:    
Total securities available for sale      
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other securities
   
Assets:    
Total securities available for sale      
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed: residential
   
Assets:    
Total securities available for sale      
Recurring basis | Significant Other Observable Inputs (Level 2)
   
Assets:    
Total securities available for sale 109,301,326 117,776,982
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. government agency obligations
   
Assets:    
Total securities available for sale 29,130,102 40,915,595
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. treasury securities
   
Assets:    
Total securities available for sale   5,000,000
Recurring basis | Significant Other Observable Inputs (Level 2) | State and municipal securities
   
Assets:    
Total securities available for sale 46,756,447 38,744,869
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 33,166,276 32,868,017
Recurring basis | Significant Unobservable Inputs (Level 3)
   
Assets:    
Total securities available for sale      
Recurring basis | Significant Unobservable Inputs (Level 3) | U.S. government agency obligations
   
Assets:    
Total securities available for sale      
Recurring basis | Significant Unobservable Inputs (Level 3) | U.S. treasury securities
   
Assets:    
Total securities available for sale     
Recurring basis | Significant Unobservable Inputs (Level 3) | State and municipal securities
   
Assets:    
Total securities available for sale      
Recurring basis | Significant Unobservable Inputs (Level 3) | Other securities
   
Assets:    
Total securities available for sale      
Recurring basis | Significant Unobservable Inputs (Level 3) | Mortgage-backed: residential
   
Assets:    
Total securities available for sale      
Recurring basis | Total
   
Assets:    
Total securities available for sale 109,301,326 117,776,982
Recurring basis | Total | U.S. government agency obligations
   
Assets:    
Total securities available for sale 29,130,102 40,915,595
Recurring basis | Total | U.S. treasury securities
   
Assets:    
Total securities available for sale   5,000,000
Recurring basis | Total | State and municipal securities
   
Assets:    
Total securities available for sale 46,756,447 38,744,869
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 $ 33,166,276 $ 32,868,017
[1] Includes a Certificate of Deposit in the amount of $245,000.