SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)

12 Months Ended

Dec. 31, 2015

Securities Sold under Agreements to Repurchase [Abstract]

Schedule of summary of information concerning securities sold under agreements to repurchase

	2015			2014
Average daily balance during the year	$	15,817,024		$	18,974,688
Average interest rate during the year		0.02	%		0.02	%
Maximum month-end balance during the year	$	20,765,781		$	23,275,868
Weighted average interest rate at year-end		0.02	%		0.02	%