MORTGAGE SERVICING RIGHTS (Tables)

6 Months Ended

Jun. 30, 2015

Transfers and Servicing [Abstract]

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

		June 30, 2015			December 31, 2014
Balance, beginning of period	$	632,634		$	673,576
Servicing rights capitalized		37,663			53,859
Amortization of servicing rights		(59,530	)		(111,224	)
Change in valuation allowance		7,243			16,423
Balance, end of period	$	618,010		$	632,634

Schedule of activity in valuation allowance for mortgage servicing rights

		June 30, 2015			December 31, 2014
Balance, beginning of period	$	56,969		$	73,392
Additions		-			-
Reductions		(7,243	)		(16,423	)
Balance, end of period	$	49,726		$	56,969