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Note 13 - Related Party Transactions
12 Months Ended
Dec. 31, 2011
Related Party Transactions Disclosure [Text Block]
NOTE 13 – RELATED PARTY TRANSACTIONS

Loans and commitments to principal officers, directors and their affiliates in 2011 were as follows:

Beginning balance
  $ 3,390,161  
New loans and line advances
    1,136,625  
Repayments
    (869,204 )
Ending balance
  $ 3,657,582  

Deposits from principal officers, directors and their affiliates were $2,684,204 at year-end 2011 and $3,143,260 at year-end 2010.