OTHER EXPENSES

12 Months Ended

Dec. 31, 2011

OTHER EXPENSES [Abstract]

OTHER EXPENSES

NOTE 17:            OTHER EXPENSES

Other expenses for the years ended December 31, 2011, 2010 and 2009 were as follows:

	December 31,		December 31,		December 31,
	2011		2010		2009
Directors compensation	$	215,980	$	178,376	$	167,749
Outside services		55,000		55,000		86,730
Legal expense		628,444		444,904		370,988
Miscellaneous deposit expense		73,712		44,864		103,752
Office supplies		94,002		109,424		126,844
Telephone		116,826		107,738		104,166
Postage		165,837		172,792		175,017
Insurance		74,287		68,628		62,971
Supervisory exam		58,609		60,115		57,271
Accounting		149,475		165,000		187,389
Organization dues		118,568		114,037		98,853
Loan expense		307,021		427,775		285,078
Contributions		40,118		40,140		40,302
ATM expense		219,329		200,224		260,375
Federal tax credits amortization		676,700		480,322		451,927
Other operating		517,036		544,083		563,571
	$	3,510,944	$	3,213,422	$	3,142,983