SECURITIES AVAILABLE FOR SALE (Details 1) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 5,766,339	$ 41,846,939
Less than 12 Months, Unrealized Losses	(18,406)	(331,420)
12 Months or More, Fair Value	11,635,425	15,090,345
12 Months or More, Unrealized Losses	(113,147)	(258,983)
Total Fair Value	17,401,764	56,937,284
Total Unrealized Losses	(131,553)	(590,403)
U.S. government agency obligations
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		15,928,702
Less than 12 Months, Unrealized Losses		(82,008)
12 Months or More, Fair Value		5,934,944
12 Months or More, Unrealized Losses		(79,685)
Total Fair Value		21,863,646
Total Unrealized Losses		(161,693)
State and municipal securities
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	1,205,729	7,666,691
Less than 12 Months, Unrealized Losses	(10,653)	(66,224)
12 Months or More, Fair Value	4,927,928	4,927,928
12 Months or More, Unrealized Losses	(59,536)	(102,167)
Total Fair Value	6,133,657	12,594,619
Total Unrealized Losses	(70,189)	(168,391)
Mortgage-backed: residential
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	4,560,610	18,251,546
Less than 12 Months, Unrealized Losses	(7,753)	(183,188)
12 Months or More, Fair Value	6,707,497	4,227,473
12 Months or More, Unrealized Losses	(53,611)	(77,131)
Total Fair Value	11,268,107	22,479,019
Total Unrealized Losses	$ (61,364)	$ (260,319)