Note 3: Securities (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of June 30, 2012
Equity Securities	$	102,212	$	-	$	(34,250	)	$	67,962
Debt Securities:
U. S. government agencies		49,311,151		262,302		(5,131	)		49,568,322
Corporate Bonds		1,825,857		2,098		(6,464	)		1,821,491
Municipals		8,153,694		140,797		(79,355	)		8,215,136
Government sponsored mortgage-backed securities		41,969,023		1,269,852		(56,219	)		43,182,656
	$	101,361,937	$	1,675,049	$	(181,419	)	$	102,855,567

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of December 31, 2011
Equity Securities	$	102,212	$	-	$	(39,950	)	$	62,262
Debt Securities:
U. S. government agencies		34,668,833		122,093		(64,264	)		34,726,662
U. S. treasuries		2,037,168		5,469		-			2,042,637
Municipals		4,049,701		138,736		(44,038	)		4,144,399
Government sponsored mortgage-backed securities		38,950,955		1,148,789		(10,826	)		40,088,918
	$	79,808,869	$	1,415,087	$	(159,078	)	$	81,064,878

Available-for-sale Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
1-5 years	$	24,012,127	$	24,144,608
6-10 years		30,081,937		30,208,235
Over 10 years		5,196,638		5,252,106
Government sponsored mortgage-backed securities not due on a single maturity date		41,969,023		43,182,656
	$	101,259,725	$	102,787,605

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of June 30, 2012
Debt Securities:
Government sponsored mortgage-backed securities	$	198,212	$	13,646	$	-	$	211,858
	$	198,212	$	13,646	$	-	$	211,858

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of December 31, 2011
Debt Securities:
Government sponsored mortgage-backed securities	$	218,571	$	17,003	$	-	$	235,574
	$	218,571	$	17,003	$	-	$	235,574

Schedule of Unrealized Loss on Investments [Table Text Block]

	June 30, 2012
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	29,274	$	(1,402	)	$	72,938	$	(32,848	)	$	102,212	$	(34,250	)
U. S. government agencies		3,921,938		(5,131	)		-		-			3,921,938		(5,131	)
Municipals		4,772,592		(79,355	)		-		-			4,772,592		(79,355	)
Coprporate Bonds		1,397,712		(6,464	)		-		-			1,397,712		(6,464	)
Government sponsored mortgage-backed securities		8,707,707		(56,219	)		-		-			8,707,707		(56,219	)
	$	18,829,223	$	(148,571	)	$	72,938	$	(32,848	)	$	18,902,161	$	(181,419	)

	December 31, 2011
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	26,316	$	(4,361	)	$	35,946	$	(35,589	)	$	62,262	$	(39,950	)
U. S. government agencies		21,351,961		(64,264	)		-		-			21,351,961		(64,264	)
Municipals		1,045,521		(44,038	)		-		-			1,045,521		(44,038	)
Government sponsored mortgage-backed securities		7,307,132		(10,826	)		-		-			7,307,132		(10,826	)
	$	29,730,930	$	(123,489	)	$	35,946	$	(35,589	)	$	29,766,876	$	(159,078	)

Held to Maturity Maturities [Member]

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
Government sponsored mortgage-backed securities not due on a single maturity date	$	198,212	$	211,858
	$	198,212	$	211,858