MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2013

Mortgage Servicing Rights [Abstract]

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

	September 30, 2013			December 31, 2012
Balance, beginning of year	$	664,436		$	697,733
Servicing rights capitalized		87,160			219,975
Amortization of servicing rights		(122,063	)		(297,784	)
Change in valuation allowance		18,528			44,512
Balance, end of period	$	648,061		$	664,436

Schedule of activity in valuation allowance for mortgage servicing rights

	September 30, 2013			December 31, 2012
Balance, beginning of year	$	129,279		$	173,791
Additions		-			-
Reductions		(18,528	)		(44,512	)
Balance, end of period	$	110,751		$	129,279