INVESTMENT SECURITIES (Tables) (Investment securities)

12 Months Ended

Dec. 31, 2012

Investment securities

Investment securities

Summary of amortized cost and estimated fair value of available for sale securities

	December 31, 2012
			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
AVAILABLE FOR SALE:
FHLB Agencies	$	12,401,830	$	68,247	$	22,474	$	12,447,603
Farmer Mac	6,997,553		2,550		3,793		6,996,310
FNMA Agencies	33,613,844		45,714		47,618		33,611,940
FHLMC Agencies	6,065,936		6,584		10,500		6,062,020
	$	59,079,163	$	123,095	$	84,385	$	59,117,873

	December 31, 2011
			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
AVAILABLE FOR SALE:
FHLB Agencies	$	32,139,478	$	505,954	$	—	$	32,645,432
Farmer Mac	5,000,000		14,350		—		5,014,350
Corporate Bonds	5,000,000		—		53,160		4,946,840
Municipal Bonds	2,291,578		38,985		—		2,330,563
	$	44,431,056	$	559,289	$	53,160	$	44,937,185

Schedule of proceeds from sale of mortgage-backed securities

	December 31, 2012
					Gross Realized
	Carrying				Gain
	Value		Proceeds		on sales
Farmer Mac Agency called - AFS	$	5,000,000	$	5,000,000	$	—
FHLB Agencies- called - AFS	38,542,640		38,550,000		7,360
FHLB Agencies -sales -AFS	2,597,652		2,801,737		204,085
Corporate Bonds - sales - AFS	5,000,000		5,202,500		202,500
Municipal Bonds - sales - AFS	2,287,493		2,319,275		31,782
	$	48,427,785	$	48,873,512	$	445,727

	December 31, 2011
					Gross Realized
	Carrying				Gain
	Value		Proceeds		on sales
FHLB Agencies- called - AFS	$	31,966,865	$	32,000,000	$	33,135
FHLB Agencies -sales -AFS	9,995,134		10,123,438		128,304
	$	41,961,999	$	42,123,438	$	161,439

Summary of gross unrealized losses and fair value aggregate by investment category and length of time

	December 31, 2012				December 31, 2011
			Continuous				Continuous
	Fair		Unrealized		Fair		Unrealized
	Value		Losses		Value		Losses
Less than 12 months:
FHLB Agencies	$	24,043,600	$	84,384	$	—	$	—
Farmer Mac Callable	—		—		—		—
Corporte Bond	—		—		5,000,000		53,160
More than 12 months	—		—		—		—
Total	$	24,043,600	$	84,384	$	5,000,000	$	53,160

Schedule of maturities of investment securities

	2012
	Amortized		Estimated
	Cost		Fair Value
Due in one year or less	$	—	$	—
Due after one year through five years	5,397,154		5,425,043
Due after five years through ten years	48,682,009		48,675,130
Due after ten years	5,000,000		5,017,700
Total debt securities	$	59,079,163	$	59,117,873