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STOCK REPURCHASE PROGRAM (Details Narrative) (USD $)
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12 Months Ended | ||
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Dec. 31, 2012
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Jan. 31, 2012
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Aug. 22, 2011
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| Other Liabilities Disclosure [Abstract] | |||
| Approved share repurchase, maximum amount | $ 2,000,000 | ||
| Additional shares to be repurchased, maximum amount | 2,000,000 | ||
| Total shares authorized to be repurchased, maximum amount | 4,000,000 | ||
| Repurchased shares of common stock | 736,357 | ||
| Repurchased shares of common stock, value | $ 880,329 | ||
| Repurchased shares of common stock, average price per share | $ 1.19 |
| X | ||||||||||
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- Definition
No authoritative reference available. No definition available.
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| X | ||||||||||
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- Definition
Amount of cash payment to or cash receipt from the bank; or the stock issuance to or stock received from the bank in the settlement of the accelerated share repurchase agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
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- Definition
The remaining number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
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