FAIR VALUE MEASUREMENTS (Details 3) - USD ($)	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Financial assets (Carrying Amount)
Cash and cash equivalents	$ 18,555,751	$ 7,935,522	$ 23,076,649	$ 17,132,741
Loans held for sale	78,000	148,000
Loans, net (including impaired)	125,521,162	127,808,961
FHLB stock	300,500	388,400
Accrued interest receivable	383,404	418,249
Financial liabilities (Carrying Amount)
Deposits	169,340,782	161,305,440
Federal funds purchased and repurchase agreements	4,959,627	8,610,621
Subordinated debentures	4,500,000	4,500,000
Notes payable	1,280,000	1,280,000
Financial Liability Derivative	426,667	0
Accrued interest payable	672,000	615,000
Financial assets (Fair Value Amount)
Cash and cash equivalents	18,556,000	7,936,000
Loans held for sale	78,000	152,000
Loans, net (including impaired)	123,297,000	124,712,000
Accrued interest receivable	383,000	418,000
Financial liabilities (Fair Value Amount)
Deposits	160,260,000	155,659,000
Federal funds purchased and repurchase agreements	4,960,000	8,611,000
Subordinated debentures	1,125,000	1,125,000
Notes payable	1,280,000	1,280,000
Financial liability derivative	427,000	0
Accrued interest payable	205,000	193,000
Fair Value, Inputs, Level 1 [Member]
Financial assets (Fair Value Amount)
Cash and cash equivalents	18,556,000	7,936,000
Loans held for sale	0	0
Loans, net (including impaired)	0	0
Accrued interest receivable	6,000	6,000
Financial liabilities (Fair Value Amount)
Deposits	0	0
Federal funds purchased and repurchase agreements	0	0
Subordinated debentures	0	0
Notes payable	0	0
Financial liability derivative	0	0
Accrued interest payable	0	0
Fair Value, Inputs, Level 2 [Member]
Financial assets (Fair Value Amount)
Cash and cash equivalents	0	0
Loans held for sale	78,000	152,000
Loans, net (including impaired)	0	0
Accrued interest receivable	85,000	102,000
Financial liabilities (Fair Value Amount)
Deposits	160,260,000	155,659,000
Federal funds purchased and repurchase agreements	4,960,000	8,611,000
Subordinated debentures	0	0
Notes payable	0	0
Financial liability derivative	0	0
Accrued interest payable	23,000	26,000
Fair Value, Inputs, Level 3 [Member]
Financial assets (Fair Value Amount)
Cash and cash equivalents	0	0
Loans held for sale	0	0
Loans, net (including impaired)	123,297,000	124,712,000
Accrued interest receivable	292,000	310,000
Financial liabilities (Fair Value Amount)
Deposits	0	0
Federal funds purchased and repurchase agreements	0	0
Subordinated debentures	1,125,000	1,125,000
Notes payable	1,280,000	1,280,000
Financial liability derivative	427,000	0
Accrued interest payable	$ 182,000	$ 167,000