EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of earnings per share calculations for basic and diluted methods

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Net income available to common shareholders	$	757,765	$	699,398	$	2,350,650	$	2,322,058
Basic average shares outstanding		1,778,742		1,765,873		1,775,142		1,771,810
Diluted potential common shares:
Stock option equivalents		19,741		16,960		17,103		14,760
Diluted average shares outstanding		1,798,483		1,782,833		1,792,245		1,786,570
Basic earnings per share	$	0.43	$	0.40	$	1.32	$	1.31
Diluted earnings per share	$	0.42	$	0.39	$	1.31	$	1.30