Bank Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

A summary of bank premises and equipment at December 31, 2012 and 2011, is as follows: 

	2012			2011
Land	$	2,145,003		$	2,145,003
Buildings and improvements		4,284,293			4,302,862
Furniture, fixtures and equipment		3,713,758			3,735,576
		10,143,054			10,183,441
Accumulated depreciation		(4,743,714	)		(4,471,438	)
	$	5,399,340		$	5,712,003

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Future minimum rental commitments under non-cancelable leases are as follows:

2013	$	348,444
2014		348,444
2015		233,649
2016		128,600
Total	$	1,059,137