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Note 12: Fair Value Measurements: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)
3 Months Ended
Mar. 31, 2013
Tables/Schedules  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

Fair Value Measurements at March 31, 2013, Using:

Quoted Prices in Active Markets for Identical Assets

Significant Other Observable Inputs

Significant Unobservable Inputs

 

Fair Value

(Level 1)

(Level 2)

(Level 3)

U.S. government sponsored enterprises (GSEs)

$22,501,490

$-

$22,501,490

$-

State and political subdivisions

38,844,162

-

38,844,162

-

Other securities

1,589,061

-

1,509,061

80,000

FHLMC preferred stock

-

-

-

-

Mortgage-backed GSE residential

17,180,728

-

17,180,728

-

 

Fair Value Measurements at June 30, 2012, Using:

Quoted Prices in Active Markets for Identical Assets

Significant Other Observable Inputs

Significant Unobservable Inputs

 

Fair Value

(Level 1)

(Level 2)

(Level 3)

U.S. government sponsored enterprises (GSEs)

$18,099,618

$-

$18,099,618

$-

State and political subdivisions

36,381,253

-

36,381,253

-

Other securities

1,393,257

-

1,360,657

32,600

FHLMC preferred stock

-

-

-

-

Mortgage-backed GSE residential

19,252,717

-

19,252,717

-