ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS (Tables)

3 Months Ended

Mar. 31, 2013

ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS [Abstract]

Components of accumulated other comprehensive income (Loss)

The following is a summary of the changes in accumulated other comprehensive income or loss by component, net of tax, for the periods indicated:

	Unrealized Gains and Losses on Securities Available for Sale			Defined Benefit and Other Benefit Plans			Total
Balance at December 31, 2012	$	8,022,790		$	(10,829,719	)	$	(2,806,929	)
Other comprehensive income before   reclassification		(43,193	)		-			(43,193	)
Amounts reclassified from accumulated other   comprehensive income		-			226,924			226,924
Net current period other comprehensive income		(43,193	)		226,924			183,731
Balance at March 31, 2013	$	7,979,597		$	(10,602,795	)	$	(2,623,198	)

	Unrealized Gains and Losses on Securities Available for Sale			Defined Benefit and Other Benefit Plans			Total
Balance at December 31, 2011	$	7,987,055		$	(9,428,433	)	$	(1,441,378	)
Other comprehensive income before   reclassification		284,463			-			284,463
Amounts reclassified from accumulated other   comprehensive income		(182,937	)		193,768			10,831
Net current period other comprehensive income		101,526			193,768			295,924
Balance at March 31, 2012	$	8,088,581		$	(9,234,665	)	$	(1,146,084	)

Reclassification out of accumulated other comprehensive income [Table Text Block]

The following is the reclassification out of accumulated other comprehensive income for the periods indicated:

Details about Accumulated Other Comprehensive Income Components	Three Months Ended March 31,								Affected Line Item  in the Statement Where Net Income is Presented
				2013			2012
Unrealized gains and losses on securities   available for sale:
Realized gains on securities available for sale			$	-		$	297,169			Net gains on securities transactions
Income tax expense				-			114,232			Income tax expense
Net of tax				-			182,937
Amortization of defined pension plan   and other benefit plan items:
Prior service costs (a)				20,786			20,786			Pension and other employee benefits
Actuarial losses (a)				(389,409	)		(335,548	)		Pension and other employee benefits
Income tax benefit				141,699			120,994			Income tax expense
Net of tax				(226,924	)		(193,798	)
Total reclassification for the period, net of tax		$	$	(226,924	)	$	(10,831	)

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 10 for additional information).