Note 3: Securities (Tables)

9 Months Ended

Sep. 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 September 30, 2012
Equity Securities	$	102,212	$	-	$	(30,209	)	$	72,003
Debt Securities:
U. S. government agencies		48,747,147		305,306		(1,212	)		49,051,241
Corporate Bonds		1,832,887		47,912		-			1,880,799
Municipals		8,659,899		245,191		(48,854	)		8,856,236
Government sponsored mortgage-backed securities		36,951,146		1,589,541		(22,967	)		38,517,720
	$	96,293,291	$	2,187,950	$	(103,242	)	$	98,377,999

	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	$	20,870,627	$	21,041,105
6-10 years		32,657,864		32,884,863
Over 10 years		5,711,442		5,862,308
Government sponsored mortgage-backed securities not due on a single maturity date		36,951,146		38,517,720
	$	96,191,079	$	98,305,996

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of September 30, 2012
Debt Securities:
Government sponsored mortgage-backed securities	$	189,278	$	13,521	$	-	$	202,799
	$	189,278	$	13,521	$	-	$	202,799

	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]

	September 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	$	-	$	-		$	72,003	$	(30,209	)	$	72,003	$	(30,209	)
U. S. government agencies		779,856		(1,212	)		-		-			779,856		(1,212	)
Municipals		2,036,096		(48,854	)		-		-			2,036,096		(48,854	)
Government sponsored mortgage-backed securities		3,571,270		(22,967	)		-		-			3,571,270		(22,967	)
	$	6,387,222	$	(73,033	)	$	72,003	$	(30,209	)	$	6,459,225	$	(103,242	)

	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	$	189,278	$	202,799
	$	189,278	$	202,799