MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2016

Transfers and Servicing [Abstract]

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

	September 30, 2016			December 31, 2015
Balance, beginning of period	$	645,067		$	689,603
Servicing rights capitalized		59,350			73,650
Amortization of servicing rights		(82,064	)		(118,186	)
Change in valuation allowance		-			-
Balance, end of period	$	622,353		$	645,067

Schedule of activity in valuation allowance for mortgage servicing rights

	September 30, 2016			December 31, 2015
Balance, beginning of period	$	47,354		$	56,969
Additions		-			-
Reductions		(10,065	)		(9,615	)
Balance, end of period	$	37,289		$	47,354