ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

Schedule of Comprehensive Income (Loss) [Table Text Block]

The following table presents the components of comprehensive loss for securities for the three months ended March 31, 2013 and 2012.

	Three Months Ended March 31, 2013									Three Months Ended March 31, 2012
	Before Tax			Tax Effect			Net of Tax			Before Tax			Tax Effect			Net of Tax
Net unrealized holding losses arising during period	$	(114,557	)	$	(38,949	)	$	(75,608	)	$	(63,494	)	$	(21,588	)	$	(41,906	)
Reclassification adjustments		-			-			-			-			-			-
Other comprehensive loss	$	(114,557	)	$	(38,949	)	$	(75,608	)	$	(63,494	)	$	(21,588	)	$	(41,906	)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the changes in each component of accumulated other comprehensive income for securities, net of tax, for the three months ended March 31, 2013.

	Net Unrealized Gains And Losses
January 1, 2013	$	139,184
Other comprehensive loss before reclassifications		(75,608	)
Amounts reclassified from accumulated other  comprehensive Income		-
Net other comprehensive loss		(75,608	)
March 31, 2013	$	63,576