Employee Benefit Plan

12 Months Ended

Dec. 31, 2011

Employee Benefit Plan [Abstract]

Employee Benefit Plan

Note 9. Employee Benefit Plan

The Bank participates in the Pentegra Defined Benefit Plan for Financial Institutions ("Pentegra Plan"). The Pentegra Plan is a tax-qualified defined-benefit pension plan. The Pentegra Plan's Employer Identification Number is 13-5645888 and the Plan Number is 333. The Pentegra Plan operates as a multi-employer plan for accounting purposes and is a multiple-employer plan under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. There are no collective bargaining agreements in place that require contributions to the Pentegra Plan.

The Pentegra Plan is a single plan under Internal Revenue Code Section 413 (C) and, as a result, all of the assets stand behind all of the liabilities. Accordingly, under the Pentegra Plan contributions made by a participating employer may be used to provide benefits to participants of other participating employers.

Following is information regarding contributions to the Pentegra Plan for the years ended December 31, 2011 and 2010 and funding status as of July 1, 2011 and 2010 (plan year end):

	2011			2010
Contributions paid during the year	$	257,991		$	380,216
Contributions represent more than 5% of total contributions made by all employers?		No			No
Funded status per valuation reports		85.24	%		82.62	%