INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2015

Income Tax Disclosure [Abstract]

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

	September 30, 2015			September 30, 2014
Computed at the statutory rate (34%)	$	1,077,901		$	1,044,204
Increase (decrease) resulting from
Tax exempt interest		(332,888	)		(382,400	)
State income taxes, net		147,443			137,370
Increase in cash surrender value		(45,055	)		(47,904	)
Other, net		839			(864	)
Actual tax expense	$	848,240		$	750,406