Investment and Mortgage-Backed Securities, Held to Maturity (Tables)

3 Months Ended

Mar. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of investment and mortgage-backed securities held to maturity

The amortized cost, gross unrealized gains, gross unrealized losses, and fair values of investment and mortgage-backed securities held to maturity are as follows:

	March 31, 2013
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
FHLB Securities	$	8,996,919	$	81,331	$	32,920	$	9,045,330
Federal Farm Credit Bank ("FFCB") Securities	5,775,661		—		8,963		5,766,698
Fannie Mae ("FNMA") And Freddie Mac ("FHLMC") Bonds	3,017,594		20,326		3,770		3,034,150
SBA Bonds	5,566,499		292,341		3,161		5,855,679
Mortgage-Backed Securities	50,685,130		2,963,974		129,559		53,519,545
Equity Securities	155,000		—		—		155,000
	$	74,196,803	$	3,357,972	$	178,373	$	77,376,402

	December 31, 2012
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
FHLB Securities	$	7,996,378	$	123,702	$	21,160	$	8,098,920
FFCB Securities	6,796,255		2,070		23,727		6,774,598
FNMA and FHLMC Bonds	4,019,931		29,029		4,560		4,044,400
SBA Bonds	5,865,767		315,841		6,139		6,175,469
Mortgage-Backed Securities	51,238,931		3,280,100		95,532		54,423,499
Equity Securities	155,000		—		—		155,000
	$	76,072,262	$	3,750,742	$	151,118	$	79,671,886

Schedule of held-to-maturity investment and mortgage-backed securities, Contractual Maturities

	Amortized Cost		Fair Value
Less Than One Year	$	3,000,000	$	3,044,300
One – Five Years	158,720		165,813
Over Five – Ten Years	11,048,656		11,054,549
More Than Ten Years	9,304,297		9,592,195
Mortgage-Backed Securities	50,685,130		53,519,545
	$	74,196,803	$	77,376,402

Schedule of held-to-maturity securities in an unrealized loss position

The following tables show gross unrealized losses and fair value, aggregated by investment category, and length of time that individual available for sale securities have been in a continuous unrealized loss position for the periods indicated.

	March 31, 2013
	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
FHLB Securities	$	1,967,080	$	32,920	$	—	$	—	$	1,967,080	$	32,920
FFCB Securities	5,766,697		8,963		—		—		5,766,697		8,963
FNMA And FHLMC Bonds	1,019,380		3,770		—		—		1,019,380		3,770
SBA Bonds	1,252,240		3,161		—		—		1,252,240		3,161
Mortgage-Backed Securities	7,526,437		129,559		—		—		7,526,437		129,559
	$	17,531,834	$	178,373	$	—	$	—	$	17,531,834	$	178,373

	December 31, 2012
	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
FHLB Securities	$	1,978,840	$	21,160	$	—	$	—	$	1,978,840	$	21,160
FFCB Securities	5,772,528		23,727		—		—		5,772,528		23,727
FNMA And FHLMC Bonds	1,021,910		4,560		—		—		1,021,910		4,560
SBA Bonds	3,249,478		6,139		—		—		3,249,478		6,139
Mortgage-Backed Securities	7,659,461		95,532		—		—		7,659,461		95,532
	$	19,682,217	$	151,118	$	—	$	—	$	19,682,217	$	151,118