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INVESTMENT SECURITIES (Details 4) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Estimated Fair Value, investment securities    
Estimated Fair Value $ 59,117,873 $ 44,937,185
Investment securities
   
Amortized Cost    
Due after one year through five years 5,397,154  
Due after five years through ten years 48,682,009  
Due after ten years 5,000,000  
Total debt securities 59,079,163 44,431,056
Estimated Fair Value, investment securities    
Due after one year through five years 5,425,043  
Due after five years through ten years 48,675,130  
Due after ten years 5,017,700  
Estimated Fair Value $ 59,117,873 $ 44,937,185