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1. BASIS OF PRESENTATION (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Numerator        
Net income $ 477,172 $ 510,231 $ 965,062 $ 824,469
Accrued preferred stock dividends (114,691) 0 (193,586) 0
Net income applicable to common shares $ 362,481 $ 510,231 $ 771,476 $ 824,469
Denominator        
Basic weighted average common shares 4,999,514 4,908,605 4,993,324 4,896,289
Dilutive stock options 4,069 74,602 3,980 69,665
Diluted weighted average common shares 5,003,583 4,983,207 4,997,304 4,965,954
Basic income per common share after preferred dividends $ 0.07 $ 0.10 $ 0.15 $ 0.17
Diluted income per common share after preferred dividends $ 0.07 $ 0.10 $ 0.15 $ 0.17