INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2014

Income Tax Disclosure [Abstract]

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

	September 30, 2014			September 30, 2013
Computed at the statutory rate (34%)	$	1,044,204		$	1,203,347
Increase (decrease) resulting from
Tax exempt interest		(382,400	)		(381,054	)
State income taxes, net		137,370			208,141
Increase in cash surrender value		(47,904	)		(49,753	)
Other, net		(864	)		384
Actual tax expense	$	750,406		$	981,065