EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of earnings per share calculations for basic and diluted methods

	Three Months Ended
	March 31,
	2017		2016
Net income	$	759,566	$	827,378
Basic average shares outstanding		1,784,584		1,770,917
Diluted potential common shares:
Stock option equivalents		20,938		18,055
Diluted average shares outstanding		1,805,522		1,788,972
Basic earnings per share	$	0.43	$	0.47
Diluted earnings per share	$	0.42	$	0.46