DISCLOSURE ABOUT CAPITAL PURCHASE PROGRAM	12 Months Ended
Dec. 31, 2011
DISCLOSURE ABOUT CAPITAL PURCHASE PROGRAM [Abstract]
DISCLOSURE ABOUT CAPITAL PURCHASE PROGRAM	NOTE R – DISCLOSURE ABOUT CAPITAL PURCHASE PROGRAM On October 3, 2008, the Emergency Economic Stabilization Act of 2008 (initially introduced as the Troubled Asset Relief Program or (“TARP”) was enacted. On October 14, 2008, the U.S. Treasury announced its intention to inject capital into financial institutions under the TARP Capital Purchase Program (the “CPP”). The CPP is a voluntary program designed to provide capital to healthy, well managed financial institutions in order to increase the availability of credit to businesses and individuals and help stabilize the U.S. financial system. On June 26, 2009, the Company issued to the U. S. Treasury 17,388 shares of the Company's Fixed Rate Cumulative Perpetual Preferred Stock, Series UST (the “Preferred Stock”), having a liquidation preference of $1,000 per share. The Preferred Stock has a dividend rate of 5% for the first five years and 9% thereafter. The Preferred Stock has a call feature after three years. In connection with the sale of the Preferred Stock, the Company also issued the U.S. Treasury ten-year warrants to purchase up to 522 shares of the Company's Fixed Rate Cumulative Perpetual Preferred Stock, Series UST/W (the “Warrants”), par value $1,000 per share at an initial exercise price of $.01 per share. The Warrants were immediately exercised and has a dividend rate of 9%. The Preferred Stock and Warrants were sold to the U.S. Treasury for an aggregate purchase price of $17,338,000 in cash. The purchase price was allocated between the Preferred Stock and the Warrants based upon the relative fair values of each to arrive at the amounts recorded by the Company. This resulted in the Preferred Stock being issued at a discount which is being amortized on a level yield basis as a charge to retained earnings over an assumed life of five years.

NOTE R – DISCLOSURE ABOUT CAPITAL PURCHASE PROGRAM

On October 3, 2008, the Emergency Economic Stabilization Act of 2008 (initially introduced as the Troubled Asset Relief Program or (“TARP”) was enacted. On October 14, 2008, the U.S. Treasury announced its intention to inject capital into financial institutions under the TARP Capital Purchase Program (the “CPP”). The CPP is a voluntary program designed to provide capital to healthy, well managed financial institutions in order to increase the availability of credit to businesses and individuals and help stabilize the U.S. financial system.

On June 26, 2009, the Company issued to the U. S. Treasury 17,388 shares of the Company's Fixed Rate Cumulative Perpetual Preferred Stock, Series UST (the “Preferred Stock”), having a liquidation preference of $1,000 per share. The Preferred Stock has a dividend rate of 5% for the first five years and 9% thereafter. The Preferred Stock has a call feature after three years.

In connection with the sale of the Preferred Stock, the Company also issued the U.S. Treasury ten-year warrants to purchase up to 522 shares of the Company's Fixed Rate Cumulative Perpetual Preferred Stock, Series UST/W (the “Warrants”), par value $1,000 per share at an initial exercise price of $.01 per share. The Warrants were immediately exercised and has a dividend rate of 9%. The Preferred Stock and Warrants were sold to the U.S. Treasury for an aggregate purchase price of $17,338,000 in cash. The purchase price was allocated between the Preferred Stock and the Warrants based upon the relative fair values of each to arrive at the amounts recorded by the Company. This resulted in the Preferred Stock being issued at a discount which is being amortized on a level yield basis as a charge to retained earnings over an assumed life of five years.