XML 32 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOODWILL AND INTANGIBLE ASSETS (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Goodwill [Roll Forward]          
Beginning of year     $ 21,824,443 $ 21,983,617  
Acquired goodwill     0    
Adjustment of Acquired goodwill     0 [1] (159,174) [1]  
Ending balance June 30, 21,824,443 21,824,443 21,824,443 21,824,443  
Finite-lived intangible assets, net [Abstract]          
Balance Acquired 9,883,221   9,883,221   9,883,221
Accumulated Amortization 5,402,202   5,402,202   4,739,401
Aggregate amortization expense 213,723 260,069 662,801 808,258  
Finite-lived intangible assets, future amortization expense [Abstract]          
2013 213,723   213,723    
2014 777,801   777,801    
2015 681,176   681,176    
2016 607,713   607,713    
2017 557,893   557,893    
2018 and thereafter 1,642,713   1,642,713    
Total 4,481,019   4,481,019    
Core deposit intangibles [Member]
         
Finite-lived intangible assets, net [Abstract]          
Balance Acquired 3,819,798   3,819,798   3,819,798
Accumulated Amortization 2,173,923   2,173,923   1,796,853
Other customer relationship intangibles [Member]
         
Finite-lived intangible assets, net [Abstract]          
Balance Acquired 6,063,423   6,063,423   6,063,423
Accumulated Amortization $ 3,228,279   $ 3,228,279   $ 2,942,548
[1] Adjustment related to Fort Orange Financial Corp. acquisition.