EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Schedule of earnings per share calculations for basic and diluted methods

	Three Months Ended
	March 31,
	2016		2015
Net income	$	827,378	$	786,257
Basic average shares outstanding		1,770,917		1,775,287
Diluted potential common shares:
Stock option equivalents		18,055		17,080
Diluted average shares outstanding		1,788,972		1,792,367
Basic earnings per share	$	0.47	$	0.44
Diluted earnings per share	$	0.46	$	0.44