MORTGAGE SERVICING RIGHTS (Tables)

6 Months Ended

Jun. 30, 2013

Mortgage Servicing Rights [Abstract]

Schedule of activity in balance of mortgage servicing rights measured using amortization method

	June 30, 2013			December 31, 2012
Balance, beginning of year	$	664,436		$	697,733
Servicing rights capitalized		63,515			219,975
Amortization of servicing rights		(85,946	)		(297,784	)
Change in valuation allowance		12,472			44,512
Balance, end of period	$	654,477		$	664,436

Schedule of activity in valuation allowance for mortgage servicing rights

	June 30, 2013			December 31, 2012
Balance, beginning of year	$	129,279		$	173,791
Additions		-			-
Reductions		(12,472	)		(44,512	)
Balance, end of period	$	116,807		$	129,279