4. Investment Securities (Tables)

6 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Schedule Of Available For Sale Securities

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
Securities AFS	Cost		Gains		Losses		Value
June 30, 2013
U.S. Government sponsored enterprise (GSE) debt securities	$	37,599,138	$	134,273	$	194,686	$	37,538,725
U.S. Government securities		7,058,360		9,107		6,490		7,060,977
	$	44,657,498	$	143,380	$	201,176	$	44,599,702
December 31, 2012
U.S. GSE debt securities	$	33,552,376	$	247,029	$	13,936	$	33,785,469
U.S. Government securities		7,073,445		28,217		1,072		7,100,590
	$	40,625,821	$	275,246	$	15,008	$	40,886,059
June 30, 2012
U.S. GSE debt securities	$	52,544,543	$	390,057	$	4,979	$	52,929,621
U.S. Government securities		7,030,128		30,232		1,451		7,058,909
U.S GSE preferred stock		42,360		70,965		0		113,325
	$	59,617,031	$	491,254	$	6,430	$	60,101,855

Schedule Of Held to Maturity Securities

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
Securities HTM	Cost		Gains		Losses		Value*
June 30, 2013
States and political subdivisions	$	24,105,937	$	362,063	$	0	$	24,468,000
December 31, 2012
States and political subdivisions	$	41,865,555	$	425,445	$	0	$	42,291,000
June 30, 2012
States and political subdivisions	$	24,026,422	$	598,578	$	0	$	24,625,000

Schedule of Maturities of Debt Securities Available for Sale

The scheduled maturities of debt securities AFS were as follows:

	Amortized		Fair
	Cost		Value
June 30, 2013
Due in one year or less	$	9,667,950	$	9,683,707
Due from one to five years		32,739,548		32,737,439
Due from five to ten years		2,250,000		2,178,556
	$	44,657,498	$	44,599,702
December 31, 2012
Due in one year or less	$	4,088,947	$	4,104,324
Due from one to five years		36,536,874		36,781,735
	$	40,625,821	$	40,886,059
June 30, 2012
Due in one year or less	$	3,007,965	$	3,015,864
Due from one to five years		56,566,706		56,972,666
	$	59,574,671	$	59,988,530

Schedule Of Maturities of Debt Securities Held to Maturity

The scheduled maturities of debt securities HTM were as follows:

	Amortized		Fair
	Cost		Value*
June 30, 2013
Due in one year or less	$	14,946,438	$	14,946,000
Due from one to five years		3,855,882		3,947,000
Due from five to ten years		2,008,416		2,099,000
Due after ten years		3,295,201		3,476,000
	$	24,105,937	$	24,468,000
December 31, 2012
Due in one year or less	$	32,741,241	$	32,741,000
Due from one to five years		3,849,709		3,956,000
Due from five to ten years		1,916,266		2,023,000
Due after ten years		3,358,339		3,571,000
	$	41,865,555	$	42,291,000
June 30, 2012
Due in one year or less	$	14,724,739	$	14,725,000
Due from one to five years		4,082,893		4,232,000
Due from five to ten years		2,016,088		2,166,000
Due after ten years		3,202,702		3,502,000
	$	24,026,422	$	24,625,000

Schedule Of Unrealized Loss

	Less than 12 months
	Fair		Unrealized
	Value		Loss
June 30, 2013
U.S. GSE debt securities	$	14,208,511	$	194,686
U.S. Government securities		2,040,234		6,490
	$	16,248,745	$	201,176
December 31, 2012
U.S. GSE debt securities	$	8,715,492	$	13,936
U.S. Government securities		1,052,639		1,072
	$	9,768,131	$	15,008
June 30, 2012
U.S. GSE debt securities	$	3,533,963	$	4,979
U.S. Government securities		2,010,281		1,451
	$	5,544,244	$	6,430