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Fair Value Disclosures (Details) (USD $) | Jun. 30, 2012 | Dec. 31, 2011
--- | --- | ---
Total securities available for sale | $ 86,538,060 | $ 88,057,437
Cash surrender value of life insurance | 1,183,250 | 1,166,774
Fair Value, Inputs, Level 1 [Member] |  |
Total securities available for sale | 0 | 0
Cash surrender value of life insurance | 0 | 0
Fair Value, Inputs, Level 2 [Member] |  |
Total securities available for sale | 86,538,060 | 88,057,437
Cash surrender value of life insurance | 1,183,250 | 1,166,774
Fair Value, Inputs, Level 3 [Member] |  |
Total securities available for sale | 0 | 0
Cash surrender value of life insurance | 0 | 0
Us Government Agencies Debt Securities [Member] |  |
Total securities available for sale | 4,074,241 | 4,190,279
Us Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Total securities available for sale | 0 | 0
Us Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Total securities available for sale | 4,074,241 | 4,190,279
Us Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Total securities available for sale | 0 | 0
Us States and Political Subdivisions Debt Securities [Member] |  |
Total securities available for sale | 23,936,762 | 24,436,257
Us States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Total securities available for sale | 0 | 0
Us States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Total securities available for sale | 23,936,762 | 24,436,257
Us States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Total securities available for sale | 0 | 0
Residential Mortgage Backed Securities [Member] |  |
Total securities available for sale | 10,776,674 | 11,871,170
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Total securities available for sale | 0 | 0
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Total securities available for sale | 10,767,674 | 11,871,170
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Total securities available for sale | 0 | 0
Collateralized Debt Obligations [Member] |  |
Total securities available for sale | 47,750,383 | 45,559,731
Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 1 [Member] |  |
Total securities available for sale | 0 | 0
Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 2 [Member] |  |
Total securities available for sale | 47,750,383 | 45,559,731
Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 3 [Member] |  |
Total securities available for sale | $ 0 | $ 0

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- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 25 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7534914&loc=d3e22054-111558 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 12 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Available-for-Sale Securities -URI http://asc.fasb.org/extlink&oid=6505594 + Details
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- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This element represents the portion of a balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents the amount that could be realized under a life insurance contract or contracts owned by the Company as of the date of the statement of financial position. Such Company-owned life insurance policies are commonly known as corporate-owned life insurance (COLI) or bank-owned life insurance (BOLI). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Surrender Value -URI http://asc.fasb.org/extlink&oid=6507153 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 88-5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Technical Bulletin (FTB) -Number 85-4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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