TIME DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2015

Banking and Thrift [Abstract]

Schedule of maturities of time deposits

	At December 31, 2015					At December 31, 2014
	Weighted-					Weighted-
	Average					Average
Maturity	Rate			Amount		Rate			Amount
One year or less		0.73	%	$	39,107,831		0.66	%	$	44,146,102
Over one through three years		0.95	%		29,330,472		0.88	%		37,195,516
Over three through five years		1.16	%		5,661,734		1.10	%		2,046,421
Over five years		1.25	%		6,857		-	%		-
		0.85	%	$	74,106,894		0.77	%	$	83,388,039