DEPOSITS

12 Months Ended

Dec. 31, 2013

Banking and Thrift [Abstract]

NOTE 10. DEPOSITS

The composition of deposits at December 31, 2013 and 2012 was as follows:

	December 31,
	2013		2012
Noninterest bearing demand deposits	$	92,396,921	$	84,749,470
Savings and interest bearing demand deposits:
Interest checking accounts		117,456,275		119,925,800
Savings accounts		58,292,273		47,602,255
Time Deposits:
Balances of less than $100,000		126,330,053		132,932,701
Balances of $100,000 and more		69,673,722		68,585,313
Total Deposits	$	464,149,244	$	453,795,539

At December 31, 2013, the scheduled maturities of time deposits are as follows:

2014	$	99,185,070
2015		51,108,868
2016		17,159,054
2017		13,722,424
2018 and after		14,828,359
Total	$	196,003,775