INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2014

Income Tax Disclosure [Abstract]

Schedule of reconciliation of income tax expense at statutory rate to actual income tax expense

	June 30, 2014			June 30, 2013
Computed at the statutory rate (34%)	$	664,548		$	843,829
Increase (decrease) resulting from
Tax exempt interest		(257,009	)		(249,632	)
State income taxes, net		113,509			146,828
Increase in cash surrender value		(31,821	)		(32,555	)
Other, net		559			856
Actual tax expense	$	489,786		$	709,326