PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2012

PREMISES AND EQUIPMENT

Schedule of Premises and equipment

	Years Ended
	December 31,
	2012			2011
Buildings	$	7,344,854		$	7,034,554
Land	1,038,294			1,038,294
Furniture and fixtures	3,466,625			3,427,304
Leasehold improvements	418,418			410,559
Automobiles	173,291			173,291
	12,441,482			12,084,002
Less accumulated depreciation and amortization	(7,688,693		)	(7,276,759		)
	$	4,752,789		$	4,807,243

Schedule of minimum rental commitment for the non-cancelable leases

Year ending December 31,	Total
2013	$	304,197
2014	297,396
2015	210,396
2016	187,415
2017	117,000
and thereafter	22,500
	$	1,138,904