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1. BASIS OF PRESENTATION (Details) - USD ($)
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Numerator    
Net income $ 487,890 $ 314,238
Accrued preferred stock dividends (78,895) 0
Net income applicable to common shares $ 408,995 $ 314,238
Denominator    
Basic weighted average common shares 4,987,133 4,884,503
Dilutive stock options 16,608 72,538
Diluted weighted average common shares 5,003,741 4,957,041
Basic income per common share after preferred dividends $ .08 $ .06
Diluted income per common share after preferred dividends $ 0.08 $ 0.06