ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS (Tables)

12 Months Ended

Dec. 31, 2013

ACCUMULATED OTHER COMPREHENSIVE INCOME OR LOSS [Abstract]

Components of accumulated other comprehensive income (Loss)

  The following is a summary of the changes in accumulated other comprehensive income or loss by component, net of tax, for the periods indicated:

	Unrealized Gains and Losses on Securities Available for Sale			Defined Benefit and Other Benefit Plans			Total
Balance at December 31, 2012	$	8,022,790		$	(10,829,719	)	$	(2,806,929	)
Other comprehensive income before   reclassification		(1,987,340	)		3,993,381			2,006,041
Amounts reclassified from accumulated other   comprehensive income		7,785			948,284			956,069
Net current period other comprehensive loss		(1,979,555	)		4,941,665			2,962,110
Balance at December 31, 2013	$	6,043,235		$	(5,888,054	)	$	155,181

	Unrealized Gains and Losses on Securities Available for Sale			Defined Benefit and Other Benefit Plans			Total
Balance at December 31, 2011	$	7,987,055		$	(9,428,433	)	$	(1,441,378	)
Other comprehensive income before   reclassification		220,733			(2,231,066	)		(2,010,333	)
Amounts reclassified from accumulated other   comprehensive income		(184,998	)		829,780			644,782
Net current period other comprehensive loss		35,735			(1,401,286	)		(1,365,551	)
Balance at December 31, 2012	$	8,022,790		$	(10,829,719	)	$	(2,806,929	)

Reclassification out of accumulated other comprehensive income

The following is the reclassification out of accumulated other comprehensive income for the periods indicated:

 

Details about Accumulated Other Comprehensive Income Components	Year Ended December 31,							Affected Line Item in the Statement Where Net Income is Presented
			2013			2012
Unrealized gains and losses on securities available for sale:
Reclassification adjustment for other-than-temporary losses realized in net income		$	(29,025	)	$	-		Total impairment losses
Realized gains on securities available for sale			16,379			300,516		Net losses on securities transactions
Tax effect			4,861			(115,518	)	Income tax benefit (expense)
Net of tax			10,083			184,998
Amortization of defined pension plan and other benefit plan items:
Prior service costs (a)			83,144			83,144		Pension and other employee benefits
Actuarial losses (a)			(1,623,567	)		(1,431,064	)	Pension and other employee benefits
Tax effect			592,139			518,140		Income tax benefit (expense)
Net of tax			(948,284	)		(829,780	)
Total reclassification for the period, net of tax		$	(956,069	)	$	(644,782	)

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 11 for additional information).