XML 20 R43.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Disclosures (Details 2) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Dec. 31, 2011
Assets:        
Cash and cash equivalents, Carrying Amount $ 35,901,187 $ 59,395,238 $ 34,884,877 $ 38,882,691
Securities, Carrying Amount 91,168,000 76,142,000    
Federal Home Loan Bank stock, Carrying Amount 2,322,900 2,322,900    
Loans, net, Carrying Amount 266,880,672 270,850,465    
Cash surrender value of life insurance, Carrying Amount 1,208,000 1,200,000    
Accrued interest receivable, Carrying Amount 1,323,499 1,213,778    
Cash and cash equivalents, Estimated Fair Value 35,901,000 59,395,000    
Securities, Estimated Fair Value 91,170,000 76,143,000    
Federal Home Loan Bank stock, Estimated Fair Value 2,323,000 2,323,000    
Loans, net, Estimated Fair Value 267,312,000 271,128,000    
Cash surrender value of life insurance, Estimated Fair Value 1,207,962 1,199,725    
Accrued interest receivable, Estimated Fair Value 1,323,000 1,214,000    
Liabilities:        
Noninterest-bearing demand deposits, Carrying Amount 55,400,253 60,053,838    
Interest-bearing demand deposits, Carrying Amount 26,547,365 30,178,624    
Savings deposits and money market accounts, Carrying Amount 89,564,444 80,994,239    
Time deposits, Carrying Amount 165,391,211 173,653,892    
Federal funds purchased and securities sold under agreements to repurchase, Carrying Amount 21,150,464 19,587,387    
Federal Home Loan Bank advances and other borrowings, Carrying Amount 31,740,000 37,175,000    
Accrued interest payable, Carrying Amount 91,268 120,558    
Noninterest-bearing demand deposits, Estimated Fair Value 55,400,000 60,054,000    
Interest-bearing demand deposits, Estimated Fair Value 26,547,000 30,179,000    
Savings deposits and money market accounts, Estimated Fair Value 89,564,000 80,994,000    
Time deposits, Estimated Fair Value 165,641,000 175,177,000    
Federal funds purchased and securities sold under agreements to repurchase, Estimated Fair Value 21,150,000 19,587,000    
Federal Home Loan Bank advances and other borrowings, Estimated Fair Value 31,740,000 37,175,000    
Accrued interest payable, Estimated Fair Value 91,000 121,000    
Unrecognized financial instruments (net of contract amount):        
Commitments to extend credit, Carrying Amount 0 0    
Letters of credit, Carrying Amount 0 0    
Lines of credit, Carrying Amount 0 0    
Commitments to extend credit, Estimated Fair Value 0 0    
Letters of credit, Estimated Fair Value 0 0    
Lines of credit, Estimated Fair Value $ 0 $ 0