Community Bancorp (CMTV) 10-K25 Mar 142013 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2013	Mar. 17, 2014	Jun. 30, 2013
Document And Entity Information	'	'	'
Entity Registrant Name	'Community Bancorp /VT	'	'
Entity Central Index Key	'0000718413	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Is Entity a Well-known Seasoned Issuer?	'No	'	'
Is Entity a Voluntary Filer?	'No	'	'
Is Entity's Reporting Status Current?	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$57,041,906
Entity Common Stock, Shares Outstanding	'	4,867,957	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Assets	'	'
Cash and due from banks	$11,841,161	$11,273,575
Federal funds sold and overnight deposits	6,488,828	18,608,265
Total cash and cash equivalents	18,329,989	29,881,840
Securities held-to-maturity (fair value $38,370,000 at December 31, 2013 and $42,291,000 at December 31, 2012)	37,936,911	41,865,555
Securities available-for-sale	35,188,602	40,886,059
Restricted equity securities, at cost	3,632,850	4,021,350
Loans held-for-sale	209,500	1,501,706
Loans	439,908,926	416,375,448
Allowance for loan losses	-4,854,915	-4,312,080
Deferred net loan costs	300,429	169,501
Net loans	435,354,440	412,232,869
Bank premises and equipment, net	11,723,468	12,243,320
Accrued interest receivable	1,778,305	1,751,085
Bank owned life insurance	4,303,307	4,187,644
Core deposit intangible	1,090,781	1,363,476
Goodwill	11,574,269	11,574,269
Other real estate owned (OREO)	1,105,525	1,074,705
Prepaid expense - Federal Deposit Insurance Corporation (FDIC)	0	775,595
Other assets	11,439,457	12,378,772
Total assets	573,667,404	575,738,245
Deposits:	'	'
Demand, non-interest bearing	82,156,154	72,956,097
Interest-bearing transaction accounts	126,578,052	128,824,165
Money market funds	81,960,677	86,973,835
Savings	69,906,147	65,216,698
Time deposits, $100,000 and over	46,928,443	44,229,470
Other time deposits	74,023,096	77,296,594
Total deposits	481,552,569	475,496,859
Federal funds purchased and other borrowed funds	0	6,000,000
Repurchase agreements	29,644,615	34,149,608
Capital lease obligations	711,042	774,701
Junior subordinated debentures	12,887,000	12,887,000
Accrued interest and other liabilities	2,736,201	3,077,502
Total liabilities	527,531,427	532,385,670
Shareholders' Equity	'	'
Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding ($100,000 liquidation value)	2,500,000	2,500,000
Common stock - $2.50 par value; 10,000,000 shares authorized at December 31, 2013 and 2012, and 5,078,707 and 5,023,026 shares issued at December 31, 2013 and 2012, respectively (including 13,448 and 19,182 shares issued February 1, 2014 and 2013, respectively)	12,696,768	12,557,565
Additional paid-in capital	28,612,308	28,047,829
Retained earnings	4,997,144	2,698,200
Accumulated other comprehensive (loss) income	-47,466	171,758
Less: treasury stock, at cost; 210,101 shares at December 31, 2013 and 2012	-2,622,777	-2,622,777
Total shareholders' equity	46,135,977	43,352,575
Total liabilities and shareholders' equity	$573,667,404	$575,738,245

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Shareholder's Equity	'	'
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	25	25
Preferred stock, shares outstanding (in shares)	25	25
Preferred stock liquidation value	$100,000	$100,000
Common stock par value (in dollars per share)	$2.50	$2.50
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,078,707	5,023,026
Treasury stock (in shares)	210,101	210,101

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	12 Months Ended
Consolidated Statements of Income (USD $)	Dec. 31, 2013	Dec. 31, 2012
Interest income	'	'
Interest and fees on loans	$21,226,505	$21,203,038
Interest on debt securities	'	'
Taxable	313,755	533,018
Tax-exempt	1,027,054	992,413
Dividends	59,823	82,444
Interest on federal funds sold and overnight deposits	12,645	10,418
Total interest income	22,639,782	22,821,331
Interest expense	'	'
Interest on deposits	2,839,036	3,408,441
Interest on federal funds purchased and other borrowed funds	81,723	355,377
Interest on repurchase agreements	111,437	144,244
Interest on junior subordinated debentures	409,938	974,257
Total interest expense	3,442,134	4,882,319
Net interest income	19,197,648	17,939,012
Provision for loan losses	670,000	1,000,000
Net interest income after provision for loan losses	18,527,648	16,939,012
Non-interest income	'	'
Service fees	2,572,031	2,348,219
Income from sold loans	1,624,880	1,827,045
Other income from loans	725,922	899,849
Net realized (loss) gain on sale of securities available-for-sale	-5,521	351,301
Other income	1,065,256	762,546
Total non-interest income	5,982,568	6,188,960
Non-interest expense	'	'
Salaries and wages	6,395,042	6,178,891
Employee benefits	2,320,280	2,110,498
Occupancy expenses, net	3,169,266	3,295,752
FHLB prepayment fee	0	306,338
FDIC insurance	376,022	389,909
Amortization of core deposit intangible	272,695	340,870
Other expenses	5,759,169	6,244,512
Total non-interest expense	18,292,474	18,866,770
Income before income taxes	6,217,742	4,261,202
Income tax expense (benefit)	1,131,087	-139,488
Net income	$5,086,655	$4,400,690
Earnings per common share	$1.03	$0.88
Weighted average number of common shares used in computing earnings per share	4,838,185	4,769,645
Dividends declared per common share	$0.56	$0.56
Book value per share on common shares outstanding at December 31,	$8.96	$8.49

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
Consolidated Statements of Comprehensive Income (USD $)	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]	'	'
Net Income	$5,086,655	$4,400,690
Other comprehensive (loss) income, net of tax:	'	'
Unrealized holding (loss) gain on available-for-sale securities arising during the period	-337,678	408,917
Reclassification adjustment for loss (gain) realized in income	5,521	-351,301
Net change in unrealized (loss) gain	-332,157	57,616
Tax effect	112,933	-19,589
Other comprehensive (loss) income, net of tax	-219,224	38,027
Total comprehensive income	$4,867,431	$4,438,717

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Shareholders' Equity (USD $)	Common Stock	Preferred stock	Additional Paid-In Capital	Retained Earnings / Accumulated Deficit	Accumulated Other Comprehensive Income / Loss	Treasury Stock	Total
Beginning Balance, Amount at Dec. 31, 2011	$12,345,655	$2,500,000	$27,410,049	$1,151,751	$133,731	($2,622,777)	$40,918,409
Beginning Balance, Shares at Dec. 31, 2011	4,728,161	25	'	'	'	'	'
Comprehensive income	'	'	'	'	'	'	'
Net income	'	'	'	4,400,690	0	0	4,400,690
Other comprehensive income	'	'	'	'	38,027	0	38,027
Total comprehensive income	'	'	'	'	'	'	4,438,717
Cash dividends declared - common stock	'	'	'	-2,666,741	0	0	-2,666,741
Cash dividends declared - preferred stock	'	'	'	-187,500	0	0	-187,500
Issuance of common stock, shares	84,764	'	'	'	'	'	'
Issuance of common stock, amount	211,910	'	637,780	0	0	0	849,690
Ending Balance, Amount at Dec. 31, 2012	12,557,565	2,500,000	28,047,829	2,698,200	171,758	-2,622,777	43,352,575
Ending Balance, Shares at Dec. 31, 2012	4,812,925	25	'	'	'	'	'
Comprehensive income	'	'	'	'	'	'	'
Net income	'	'	'	5,086,655	'	'	5,086,655
Other comprehensive income	'	'	'	'	-219,224	'	-219,224
Total comprehensive income	'	'	'	'	'	'	4,867,431
Cash dividends declared - common stock	'	'	'	-2,706,461	'	'	-2,706,461
Cash dividends declared - preferred stock	'	'	'	-81,250	'	'	-81,250
Issuance of common stock, shares	55,681	'	'	'	'	'	'
Issuance of common stock, amount	139,203	'	564,479	'	'	'	703,682
Ending Balance, Amount at Dec. 31, 2013	$12,696,768	$2,500,000	$28,612,308	$4,997,144	($47,466)	($2,622,777)	$46,135,977
Ending Balance, Shares at Dec. 31, 2013	4,868,606	25	'	'	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2013	Dec. 31, 2012
Cash Flows from Operating Activities:	'	'
Net income	$5,086,655	$4,400,690
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization, bank premises and equipment	1,018,806	1,112,094
Provision for loan losses	670,000	1,000,000
Deferred income tax benefit	-402,748	-231,970
Net loss (gain) on sale of securities available-for-sale	5,521	-351,301
Gain on sale of loans	-778,203	-1,375,689
(Gain) loss on sale of bank premises and equipment	-12,077	4,583
Gain on sale of OREO	-9,990	-15,139
Gain on Trust LLC	-287,251	-149,715
Amortization of bond premium, net	427,496	514,934
Write down of OREO	44,500	0
Proceeds from sales of loans held-for-sale	29,755,130	48,721,888
Originations of loans held-for-sale	-27,684,721	-46,562,338
Increase (decrease) in taxes payable	1,432,445	-747,180
Increase in interest receivable	-27,220	-50,485
Amortization of FDIC insurance assessment	775,595	356,266
(Increase) decrease in mortgage servicing rights	-319,456	87,819
Decrease (increase) in other assets	54,026	-799,545
Increase in cash surrender value of bank owned life insurance	-115,663	-124,398
Amortization of core deposit intangible	272,695	340,870
Amortization of limited partnerships	575,232	1,214,839
Increase in deferred net loan costs	-130,928	-162,250
Decrease in interest payable	-17,193	-57,313
Increase in accrued expenses	107,476	155,052
Increase in other liabilities	66,951	1,411
Net cash provided by operating activities	10,507,078	7,283,123
Cash Flows from Investing Activities:	'	'
Maturities and pay downs	41,971,398	29,136,655
Purchases	-38,042,754	-41,300,051
Investments - available - for - sale Maturities, calls, pay downs and sales	15,185,380	43,421,610
Purchases	-10,253,097	-18,314,769
Proceeds from redemption of restricted equity securities	388,500	287,200
Decrease in limited partnership contributions payable	-527,000	-1,289,000
Investments in limited partnerships	0	-213,830
Increase in loans, net	-25,583,827	-31,945,256
Capital expenditures net of proceeds from sales of bank premises and equipment	-486,877	-644,772
Proceeds from sales of OREO	1,596,590	291,132
Recoveries of loans charged off	261,264	121,160
Net cash used in investing activities	-15,490,423	-20,449,921
Cash Flows from Financing Activities:	'	'
Net increase in demand and interest-bearing transaction accounts	6,953,944	15,541,005
Net (decrease) increase in money market and savings accounts	-323,709	21,497,833
Net decrease in time deposits	-574,525	-15,935,288
Net (decrease) increase in repurchase agreements	-4,504,993	12,504,162
Repayments on long-term borrowings	-6,000,000	-12,010,000
Decrease in capital lease obligations	-63,659	-58,766
Dividends paid on preferred stock	-81,250	-187,500
Dividends paid on common stock	-1,974,314	-1,767,584
Net cash (used in) provided by financing activities	-6,568,506	19,583,862
Net (decrease) increase in cash and cash equivalents	-11,551,851	6,417,064
Cash and cash equivalents:	'	'
Beginning	29,881,840	23,464,776
Ending	18,329,989	29,881,840
Supplemental Schedule of Cash Paid During the Period	'	'
Interest	3,459,327	4,939,632
Income taxes	0	800,000
Supplemental Schedule of Noncash Investing and Financing Activities:	'	'
Change in unrealized (loss) gain on securities available-for-sale	-332,157	57,616
Loans transferred to OREO	1,661,920	1,260,698
Investments in limited partnerships	'	'
Investment in limited partnerships	0	-213,830
Decrease in limited partnership contributions payables	-527,000	-1,289,000
Total	-527,000	-1,502,830
Common Shares Dividends Paid	'	'
Dividends declared	2,706,461	2,666,741
Increase in dividends payable attributable to dividends declared	-28,465	-49,467
Dividends reinvested	-703,682	-849,690
Total	$1,974,314	$1,767,584

1_Significant_Accounting_Polic

1. Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Note 1. Significant Accounting Policies	'
	The accounting policies of Community Bancorp. and Subsidiary ("Company") are in conformity, in all material respects, with accounting principles generally accepted in the United States of America (“US GAAP”) and general practices within the banking industry. The following is a description of the Company’s significant accounting policies.

	Basis of presentation and consolidation

	The consolidated financial statements include the accounts of Community Bancorp. and its wholly-owned subsidiary, Community National Bank ("Bank"). All significant intercompany accounts and transactions have been eliminated. The Company is considered a “smaller reporting company” under applicable disclosure rules of the Securities and Exchange Commission and accordingly, has elected to provide its audited statements of income, comprehensive income, cash flows and changes in shareholders’ equity for a two year, rather than a three year, period.

	Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 810, “Consolidation”, in part, addresses limited purpose trusts formed to issue trust preferred securities. It also establishes the criteria used to identify variable interest entities (“VIE”) and to determine whether or not to consolidate a VIE. In general, ASC Topic 810 provides that the enterprise with the controlling financial interest, known as the primary beneficiary, consolidates the VIE. In 2007, the Company formed CMTV Statutory Trust I for the purposes of issuing trust preferred securities to unaffiliated parties and investing the proceeds from the issuance thereof and the common securities of the trust in junior subordinated debentures issued by the Company. The Company is not the primary beneficiary of CMTV Statutory Trust I; accordingly, the trust is not consolidated with the Company for financial reporting purposes. CMTV Statutory Trust I is considered an affiliate of the Company (see Note 10).

	In December 2011, the Company formed a limited liability company (“LLC”) to facilitate its purchase of federal New Markets Tax Credits (“NMTC”) under an investment structure designed by a local community development entity. Management has evaluated the Company’s interest in the LLC under the ASC guidance relating to VIEs in light of the overall structure and purpose of the NMTC financing transaction and has concluded that the LLC should not be consolidated in the Company’s financial statements for financial reporting purposes, as the Company is not the primary beneficiary of the NMTC structure, does not exercise control within the overall structure and is not obligated to absorb a majority of any losses of the NMTC structure (see Note 7).

	Nature of operations

	The Company provides a variety of deposit and lending services to individuals, municipalities, and business customers through its branches, ATMs and telephone and internet banking capabilities in northern and central Vermont, which is primarily a small business and agricultural area. The Company's primary deposit products are checking and savings accounts and certificates of deposit. Its primary lending products are commercial, real estate, municipal and consumer loans.

	Concentration of risk

	The Company's operations are affected by various risk factors, including interest rate risk, credit risk, and risk from geographic concentration of its deposit taking and lending activities. Management attempts to manage interest rate risk through various asset/liability management techniques designed to match maturities and repricing of assets and liabilities. Loan policies and administration are designed to provide assurance that loans will only be granted to creditworthy borrowers, although credit losses are expected to occur because of subjective factors and factors beyond the control of the Company. While the Company has a diversified loan portfolio by loan type, most of its lending activities are conducted within the geographic area where its banking offices are located. As a result, the Company and its borrowers may be especially vulnerable to the consequences of changes in the local economy in northern and central Vermont. In addition, a substantial portion of the Company's loans are secured by real estate, which is susceptible to a decline in value, especially during times of adverse economic conditions.

	Use of estimates

	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions involve inherent uncertainties. Accordingly, actual results could differ from those estimates and those differences could be material.

	Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of OREO. In connection with evaluating loans for impairment or assigning the carrying value of OREO, management generally obtains independent evaluations or appraisals for significant properties. While the allowances for loan losses and OREO represent management's best estimate of probable loan and OREO losses as of the balance sheet date, the ultimate collectibility of a substantial portion of the Company's loan portfolio and the recovery of a substantial portion of the fair value of OREO are susceptible to uncertainties and changes in a number of factors, especially local real estate market conditions. The amount of the change that is reasonably possible cannot be estimated.

	While management uses available information to recognize losses on loans and OREO, future additions to the allowances may be necessary based on changes in local economic conditions or other relevant factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company's allowances for losses on loans and OREO. Such agencies may require the Company to recognize additions to the allowances based on their judgment about information available to them at the time of their examination.

	Mortgage servicing rights associated with loans originated and sold in the secondary market, where servicing is retained, are capitalized and included in other assets in the consolidated balance sheets. Mortgage servicing rights are amortized against non-interest income in proportion to, and over the period of, estimated future net servicing income of the underlying loans. The value of capitalized servicing rights represents the present estimated value of the future servicing fees arising from the right to service loans for third parties. The carrying value of the mortgage servicing rights is periodically reviewed for impairment based on a determination of estimated fair value as compared to amortized cost, and impairment, if any, is recognized through a valuation allowance and is recorded as a write down. Critical accounting policies for mortgage servicing rights relate to the initial valuation and subsequent impairment tests. The methodology used to determine the valuation of mortgage servicing rights requires the development and use of a number of estimates, including anticipated principal amortization and prepayments. Events that may significantly affect the estimates used are changes in interest rates and the payment performance of the underlying loans. Management uses a third party consultant to assist in analyzing the fair value of the Company’s mortgage servicing rights.

	Management evaluates securities for other-than-temporary impairment on at least a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to various factors, including the length of time and the extent to which the fair value has been less than cost; the nature of the issuer and its financial condition and near-term prospects; and the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The evaluation of these factors is a subjective process and involves estimates and assumptions about matters that are inherently uncertain. Should actual factors and conditions differ materially from those used by management, the actual realization of gains or losses on investment securities could differ materially from the amounts recorded in the financial statements.

	Management utilizes numerous techniques to estimate the carrying value of various other assets held by the Company, including, but not limited to, bank premises and equipment and deferred taxes. The assumptions considered in making these estimates are based on historical experience and on various other factors that are believed by management to be reasonable under the circumstances. Management acknowledges that the use of different estimates or assumptions could produce different estimates of carrying values.

	Accounting for a business combination that was completed prior to 2009 requires the application of the purchase method of accounting. Under the purchase method, the Company was required to record the assets and liabilities acquired through the LyndonBank merger in 2007 at fair market value, with the excess of the purchase price over the fair market value of the net assets recorded as goodwill and evaluated annually for impairment. The determination of the fair value of the acquired LyndonBank assets and liabilities requires the use of numerous assumptions, including discount rates, changes in which could significantly affect fair values.

	Presentation of cash flows

	For purposes of presentation in the consolidated statements of cash flows, cash and cash equivalents includes cash on hand, amounts due from banks (including cash items in process of clearing), federal funds sold (generally purchased and sold for one day periods) and overnight deposits.

	Investment securities

	Securities the Company has the positive intent and ability to hold to maturity are classified as held-to-maturity and reported at amortized cost. Debt and equity securities not classified as held-to-maturity are classified as available-for-sale. Investments classified as available-for-sale are carried at fair value, with unrealized gains and losses, net of tax and reclassification adjustments, reflected as a net amount in the shareholders’ equity section of the consolidated balance sheets and in the statements of changes in shareholders’ equity. Investment securities transactions are accounted for on a trade date basis. The specific identification method is used to determine realized gains and losses on sales of securities available-for-sale. Premiums and discounts are recognized in interest income using the interest method over the period to maturity or call date. The Company does not hold any securities purchased for the purpose of selling in the near term and classified as trading.

	Declines in the fair value of individual equity securities that are deemed to be other than temporary are reflected in earnings when identified. For individual debt securities where the Company does not intend to sell the security and it is not more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis, the other-than-temporary decline in the fair value of the debt security related to (1) credit loss is recognized in earnings and (2) other factors is recognized in other comprehensive income or loss. Credit loss is deemed to exist if the present value of expected future cash flows using the interest rates at acquisition is less than the amortized cost basis of the debt security. For individual debt securities where the Company intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost, the other-than-temporary impairment is recognized in earnings equal to the entire difference between the security’s cost basis and its fair value at the balance sheet date.

	Other investments

	In December 2011, the Company made an equity investment in a NMTC financing structure, as discussed further in Note 7 of this report. The Company’s investment in the NMTC is amortized using the effective yield method.

	From time to time the Company acquires partnership interests in limited partnerships for low income housing projects. The investments in limited partnerships are amortized using the effective yield method.

	The Company has a one-third ownership interest in Community Financial Services Group, LLC (“CFSG”), a non-depository trust company, as discussed further in Note 7 of this report. The Company's investment in CFSG is accounted for under the equity method of accounting.

	Restricted equity securities

	Restricted equity securities are comprised of Federal Reserve Bank stock and Federal Home Loan Bank stock. These securities are carried at cost. As a member of the Federal Reserve Bank of Boston (“FRBB”), the Company is required to invest in FRBB stock in an amount equal to 6% of the Bank's capital stock and surplus.

	As a member of the Federal Home Loan Bank of Boston (“FHLBB”), the Company is required to invest in $100 par value stock of the FHLBB in an amount that approximates 1% of unpaid principal balances on qualifying loans, plus an additional amount to satisfy an activity based requirement. The stock is nonmarketable and redeemable at par value, subject to the FHLBB’s right to temporarily suspend such redemptions. Members are subject to capital calls in some circumstances to ensure compliance with the FHLBB’s capital plan.

	Loans held-for-sale

	Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income.

	Loans

Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at their outstanding principal balance, adjusted for any charge-offs, the allowance for loan losses, loan premiums or discounts for acquired loans and any unearned fees or costs on originated loans.

Loan interest income is accrued daily on the outstanding balances. For all loan segments, the accrual of interest is discontinued when a loan is specifically determined to be impaired or when the loan is delinquent 90 days and management believes, after considering collection efforts and other factors, that the borrower's financial condition is such that collection of interest is doubtful. Any unpaid interest previously accrued on those loans is reversed from income. Interest income is generally not recognized on specific impaired loans unless the likelihood of further loss is considered by management to be remote. Interest payments received on impaired loans are generally applied as a reduction of the loan principal balance. Loans are returned to accrual status when principal and interest payments are brought current and the customer has demonstrated the intent and ability to make future payments on a timely basis. Loans are written down or charged off when collection of principal is considered doubtful. Past due status is determined on a contractual basis.

Loan origination and commitment fees and certain direct loan origination costs are deferred and the net amount amortized as an adjustment of the related loan's yield. The Company generally amortizes these amounts over the contractual life of the loans.

Loan premiums and discounts on loans acquired in the merger with LyndonBank are amortized as an adjustment to yield over the life of the loans.

Allowance for loan losses

The allowance for loan losses is established through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is probable. Subsequent recoveries, if any, are credited to the allowance.

Unsecured loans, primarily consumer loans, are charged off when they become uncollectible and no later than 120 days past due. Unsecured loans to customers who subsequently file bankruptcy are charged off within 30 days of receipt of the notification of filing or by the end of the month in which the loans become 120 days past due, whichever occurs first. For secured loans, both residential and commercial, the potential loss on impaired loans is carried as a loan loss reserve specific allocation; the loss portion is charged off when collection of the full loan appears unlikely. The unsecured portion of a real estate loan is that portion of the loan exceeding the "fair value" of the collateral less the estimated cost to sell. Value of the collateral is determined in accordance with the Company’s appraisal policy. The unsecured portion of an impaired real estate secured loan is charged off by the end of the month in which the loan becomes 180 days past due.

As described below, the allowance consists of general, specific and unallocated components. However, the entire allowance is available to absorb losses in the loan portfolio, regardless of specific, general and unallocated components considered in determining the amount of the allowance.

General component

The general component of the allowance for loan losses is based on historical loss experience, adjusted for qualitative factors and stratified by the following loan segments: commercial and industrial, commercial real estate, residential real estate first (“1^st”) lien, residential real estate junior (“Jr”) lien and consumer loans. The Company does not disaggregate its portfolio segments further into classes. Loss ratios are calculated by loan segment for one year, two year and five year look back periods. The highest loss ratio among these look-back periods is then applied against the respective segment. Management uses an average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels of and trends in delinquencies and non-performing loans, levels of and trends in loan risk groups, trends in volumes and terms of loans, effects of any changes in loan related policies, experience, ability and the depth of management, documentation and credit data exception levels, national and local economic trends, external factors such as competition and regulation and lastly, concentrations of credit risk in a variety of areas, including portfolio product mix, the level of loans to individual borrowers and their related interests, loans to industry segments, and the geographic distribution of commercial real estate loans. This evaluation is inherently subjective as it requires estimates that are susceptible to revision as more information becomes available.

The qualitative factors are determined based on the various risk characteristics of each loan segment. The Company has policies, procedures and internal controls that management believes are commensurate with the risk profile of each of these segments. Major risk characteristics relevant to each portfolio segment are as follows:

Commercial & Industrial – Loans in this segment include commercial and industrial loans and to a lesser extent loans to finance agricultural production. Commercial loans are made to businesses and are generally secured by assets of the business, including trade assets and equipment. While not the primary collateral, in many cases these loans may also be secured by the real estate of the business. Repayment is expected from the cash flows of the business. A weakened economy, soft consumer spending, unfavorable foreign trade conditions and the rising cost of labor or raw materials are examples of issues that can impact the credit quality in this segment.

Commercial Real Estate – Loans in this segment are principally made to businesses and are generally secured by either owner-occupied, or non-owner occupied commercial real estate. A relatively small portion of this segment includes farm loans secured by farm land and buildings. As with commercial and industrial loans, repayment of owner-occupied commercial real estate loans is expected from the cash flows of the business and the segment would be impacted by the same risk factors as commercial and industrial loans. The non-owner occupied commercial real estate portion includes both residential and commercial construction loans, vacant land and real estate development loans, multi-family dwelling loans and commercial rental property loans. Repayment of construction loans is expected from permanent financing takeout; the Company generally requires a commitment or eligibility for the take-out financing prior to construction loan origination. Real estate development loans are generally repaid from the sale of the subject real property as the project progresses. Construction and development lending entail additional risks, including the project exceeding budget, not being constructed according to plans, not receiving permits, or the pre-leasing or occupancy rate not meeting expectations. Repayment of multi-family loans and commercial rental property loans is expected from the cash flow generated by rental payments received from the individuals or businesses occupying the real estate. Commercial real estate loans are impacted by factors such as competitive market forces, vacancy rates, cap rates, net operating incomes, lease renewals and overall economic demand. In addition, loans in the recreational and tourism sector can be affected by weather conditions, such as unseasonably low winter snowfalls. Commercial real estate lending also carries a higher degree of environmental risk than other real estate lending.

Residential Real Estate - 1^st Lien – All loans in this segment are collateralized by first mortgages on 1 – 4 family owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, has an impact on the credit quality of this segment.

Residential Real Estate – Jr Lien – All loans in this segment are collateralized by junior lien mortgages on 1 – 4 family residential real estate and repayment is primarily dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, has an impact on the credit quality of this segment.

Consumer – Loans in this segment are made to individuals for consumer and household purposes. This segment includes both loans secured by automobiles and other consumer goods, as well as loans that are unsecured. This segment also includes overdrafts, which are extensions of credit made to both individuals and businesses to cover temporary shortages in their deposit accounts and are generally unsecured. The Company maintains policies restricting the size and term of these extensions of credit. The overall health of the economy, including unemployment rates, has an impact on the credit quality of this segment.

Specific component

The specific component of the allowance for loan losses relates to loans that are impaired. Impaired loans are loan(s) to a borrower that in the aggregate are greater than $100,000 and that are in non-accrual status or are troubled debt restructurings (“TDR”) regardless of amount. A specific allowance is established for an impaired loan when its estimated impaired basis is less than the carrying value of the loan. For all loan segments, except consumer loans, a loan is considered impaired when, based on current information and events, in management’s estimation it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant or temporary payment delays and payment shortfalls generally are not classified as impaired. Management evaluates the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length and frequency of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis, by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent.

Impaired loans also include troubled loans that are restructured. A TDR occurs when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that would otherwise not be granted. TDRs may include the transfer of assets to the Company in partial satisfaction of a troubled loan, a modification of a loan’s terms, or a combination of the two.

Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment evaluation, unless such loans are subject to a restructuring agreement.

Unallocated component

An unallocated component of the allowance for loan losses is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component reflects management’s estimate of the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio.

Bank premises and equipment

Bank premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed principally by the straight-line method over the estimated useful lives of the assets. The cost of assets sold or otherwise disposed of, and the related accumulated depreciation, are eliminated from the accounts and the resulting gains or losses are reflected in the consolidated statements of income. Maintenance and repairs are charged to current expense as incurred and the cost of major renewals and betterments is capitalized.

Other real estate owned

Real estate properties acquired through or in lieu of loan foreclosure or properties no longer used for bank operations are initially recorded at fair value less estimated selling cost at the date of acquisition, foreclosure or transfer. Such properties are carried at fair value, which is the market value less estimated cost of disposition, i.e. sales commissions and costs associated with the sale. Fair value is determined, as appropriate, either by obtaining a current appraisal or evaluation prepared by an independent, qualified appraiser, by obtaining a broker’s market value analysis, and finally, if the Company has limited exposure and limited risk of loss, by the opinion of management as supported by an inspection of the property and its most recent tax valuation. Under recent and current market conditions, and periods of declining market values, the Company will generally obtain a new appraisal or evaluation. Any write-down based on the asset's fair value at the date of acquisition or institution of foreclosure is charged to the allowance for loan losses. After acquisition through or in lieu of foreclosure, these assets are carried at their new cost basis. Costs of significant property improvements are capitalized, whereas costs relating to holding the property are expensed as incurred. Appraisals by an independent, qualified appraiser are performed periodically on properties that management deems significant, or evaluations may be performed by management or a qualified third party on properties in the portfolio that are deemed less significant or less vulnerable to market conditions. Subsequent write-downs are recorded as a charge to other expense. Gains or losses on the sale of such properties are included in income when the properties are sold.

Intangible assets

Intangible assets include the excess of the purchase price over the fair value of net assets acquired (goodwill) in the 2007 acquisition of LyndonBank, as well as a core deposit intangible related to the deposits acquired from LyndonBank (see Note 6). The core deposit intangible is amortized on an accelerated basis over 10 years to approximate the pattern of economic benefit to the Company. The Company evaluates the valuation and amortization of the core deposit intangible asset if events occur that could result in possible impairment. Goodwill is reviewed for impairment annually, or more frequently as events or circumstances warrant.

Income taxes

The Company recognizes income taxes under the asset and liability method. Under this method, deferred tax assets and liabilities are established for the temporary differences between the accounting bases and the tax bases of the Company's assets and liabilities at enacted tax rates expected to be in effect when the amounts related to such temporary differences are realized or settled. Adjustments to the Company's deferred tax assets are recognized as deferred income tax expense or benefit based on management's judgments relating to the realizability of such asset.

Mortgage servicing

Servicing assets are recognized as separate assets when rights are acquired through purchase or retained upon the sale of loans. Capitalized servicing rights are reported in other assets and initially recorded at fair value, and are amortized against non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Servicing rights are periodically evaluated for impairment, based upon the estimated fair value of the rights as compared to amortized cost. Impairment is determined by stratifying the rights by predominant characteristics, such as interest rates and terms. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Impairment is recognized through a valuation allowance and is recorded as amortization of other assets, to the extent that estimated fair value is less than the capitalized amount at the valuation date. Subsequent improvement, if any, in the estimated fair value of impaired mortgage servicing rights is reflected in a positive valuation adjustment and is recognized in other income up to (but not in excess of) the amount of the prior impairment.

Pension costs

Pension costs are charged to salaries and employee benefits expense and accrued over the active service period.

Advertising costs

The Company expenses advertising costs as incurred.

Comprehensive income

Accounting principles generally require recognized revenue, expenses, gains and losses to be included in net income. Certain changes in assets and liabilities, such as the after-tax effect of unrealized gains and losses on available-for-sale securities, are not reflected in the statement of income, but the cumulative effect of such items from period-to-period is reflected as a separate component of the shareholders’ equity section of the balance sheet (accumulated other comprehensive income or loss). Other comprehensive income or loss, along with net income, comprises the Company's total comprehensive income.

Preferred stock

The Company has outstanding 25 shares of fixed-to-floating rate non-cumulative perpetual preferred stock, without par value and with a liquidation preference of $100,000 per share, issued in December 2007. Under the terms of the preferred stock, the Company pays non-cumulative cash dividends quarterly, when, as and if declared by the Board of Directors. Dividends were payable at a fixed rate of 7.50% per annum for the first five years, and beginning in December 2012, are now at a variable dividend rate equal to the Wall Street Journal Prime Rate in effect on the first business day of each quarterly dividend period. The first dividend using the variable rate calculation was payable on March 31, 2013 with a variable rate of 3.25% and that rate remained unchanged throughout 2013.

Earnings per common share

Earnings per common share amounts are computed based on the weighted average number of shares of common stock issued during the period, including Dividend Reinvestment Plan (“DRIP”) shares issuable upon reinvestment of dividends (retroactively adjusted for any stock dividends declared) and reduced for shares held in treasury.

The following table illustrates the calculation for the years ended December 31, as adjusted for the cash dividend declared on the preferred stock:

For The Years Ended December 31,	2013	2012

Net income, as reported	$5,086,655	$4,400,690
Less: dividends to preferred shareholders (1)	81,250	187,500
Net income available to common shareholders	$5,005,405	$4,213,190
Weighted average number of common shares
used in calculating earnings per share	4,838,185	4,769,645
Earnings per common share	$1.03	$0.88

(1) Reflects a reduction in the dividend rate paid on the preferred stock during 2013, as noted in the section above labeled “Preferred stock”.

Off-balance-sheet financial instruments

In the ordinary course of business, the Company is a party to off-balance-sheet financial instruments consisting of commitments to extend credit, commercial and municipal letters of credit, standby letters of credit, and risk-sharing commitments on residential mortgage loans sold through the FHLBB’s Mortgage Partnership Finance (“MPF”) program. Such financial instruments are recorded in the consolidated financial statements when they are funded.

Transfers of financial assets

Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.

Reclassification

Certain amounts in the 2012 financial statements have been reclassified to conform to the current year presentation.

Impact of recently issued accounting standards

In December 2011, the FASB issued Accounting Standards Update (ASU) 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities,” amending Topic 210. The amendments require an entity to disclose both gross and net information about both instruments and transactions that are eligible for offset on the balance sheet and instruments and transactions that are subject to an agreement similar to a master netting arrangement. This guidance is effective for annual periods beginning on or after January 1, 2013 and interim periods within those annual periods, with retrospective disclosure for all comparative periods presented. Adoption of ASU 2011-11 did not have a material impact on the Company’s consolidated financial statements.

In July 2012, the FASB issued ASU 2012-02, “Intangibles-Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment,” amending Topic 350. The guidance allows entities to first perform an optional qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired in order to determine whether the asset should be further evaluated under quantitative impairment testing. The guidance does not revise the requirement that indefinite-lived intangible assets be tested for impairment at least annually, or more frequently if circumstances warrant, although it does revise the examples of events and circumstances that an entity should consider during interim periods. The ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Adoption of ASU 2012-02 did not have a material impact on the Company’s consolidated financial statements.

In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income.” This ASU improves the reporting of reclassifications out of accumulated other comprehensive income. The amendments in the ASU seek to attain that objective by requiring an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under US GAAP to be reclassified in its entirety to net income. For other amounts that are not required under US GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under US GAAP that provide additional detail about those amounts. This guidance is effective for reporting periods beginning after December 15, 2012. Adoption of ASU 2013-02 did not have a material impact on the Company’s consolidated financial statements.

In January 2014, FASB issued ASU No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects”. The amendments in this Update permit institutions to make accounting policy elections to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the ASU requires the investment to be accounted for as an equity method investment or a cost method investment. The amendments in this Update should be applied retrospectively to all periods presented. A reporting entity that uses the effective yield method to account for its investments in qualified affordable housing projects before the date of adoption may continue to apply the effective yield method for those preexisting investments. The amendments in this ASU are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.

In January 2014, FASB issued ASU No. 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Sub Topic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The amendments in this Update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, the amendments require disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure. The amendments in this Update are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014. Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.

2_Investment_Securities

2. Investment Securities	12 Months Ended
2. Investment Securities	Dec. 31, 2013
Investment Securities	'
Note 2. Investment Securities	'
	Securities available-for-sale (AFS) and held-to-maturity (HTM) consist of the following:

			Gross	Gross
		Amortized	Unrealized	Unrealized	Fair
	Securities AFS	Cost	Gains	Losses	Value

	31-Dec-13
	U.S. Government sponsored enterprise (GSE) debt securities	$29,220,333	$114,102	$195,521	$29,138,914
	U.S. Government securities	6,040,188	10,955	1,455	6,049,688
		$35,260,521	$125,057	$196,976	$35,188,602

	31-Dec-12
	U.S. GSE debt securities	$33,552,376	$247,029	$ 13,936	$33,785,469
	U.S. Government securities	7,073,445	28,217	1,072	7,100,590
		$40,625,821	$275,246	$ 15,008	$40,886,059

			Gross	Gross
		Amortized	Unrealized	Unrealized	Fair
	Securities HTM	Cost	Gains	Losses	Value*

	31-Dec-13
	States and political subdivisions	$37,936,911	$433,089	$ 0	$38,370,000

	31-Dec-12
	States and political subdivisions	$41,865,555	$425,445	$ 0	$42,291,000

	*Method used to determine fair value rounds values to nearest thousand.

	The entire balance under “Securities HTM - States and political subdivisions" consists of securities of local municipalities which are attributable to municipal financing transactions directly with the Company. The reported fair value of these securities is an estimate based on an analysis that takes into account future maturities and scheduled future repricing. The Company anticipates no losses on these securities and expects to hold them until their maturity.

	Securities AFS with a book value of $33,275,039 and $40,625,821 and a fair value of $33,235,708 and $40,886,059 at December 31, 2013 and 2012, respectively, were pledged as collateral for larger dollar repurchase agreement accounts and for other purposes as required or permitted by law.

	Proceeds from sales of securities AFS were $9,095,380 in 2013 and $36,421,608 in 2012 with gains of $2,566 in 2013 compared to $351,301 in 2012 and losses of $8,087 and $0 in 2013 and 2012, respectively.

	The carrying amount and estimated fair value of securities by contractual maturity are shown below. Expected maturities will differ from contractual maturities because issuers may call or prepay obligations with or without call or prepayment penalties, pursuant to contractual terms.

	The scheduled maturities of debt securities AFS at December 31, 2013 were as follows:

		Amortized	Fair
		Cost	Value

	Due in one year or less	$ 4,508,181	$ 4,510,923
	Due from one to five years	30,752,340	30,677,679
		$35,260,521	$35,188,602

	The scheduled maturities of debt securities HTM at December 31, 2013 were as follows:

		Amortized	Fair
		Cost	Value*

	Due in one year or less	$27,615,731	$27,616,000
	Due from one to five years	3,939,950	4,048,000
	Due from five to ten years	2,592,045	2,700,000
	Due after ten years	3,789,185	4,006,000
		$37,936,911	$38,370,000

	*Method used to determine fair value rounds values to nearest thousand.

	Investments with a continuous loss position more than 12 months consisted of one U.S. GSE security with a fair value of $1,004,235 and an unrealized loss of $1,333 in 2013, with none reported for 2012.

	Investments with unrealized losses less than 12 months at December 31 were as follows:

		2013		2012
	Fair	Unrealized	Fair	Unrealized
	Value	Losses	Value	Losses

U.S. GSE debt securities	$11,094,830	$194,188	$8,715,492	$13,936
U.S. Government securities	1,034,336	1,455	1,052,639	1,072
	$12,129,166	$195,643	$9,768,131	$15,008

The unrealized losses are a result of changes in market interest rates and not of deterioration in the creditworthiness of the issuer. At December 31, 2013, there were 11 U.S. GSE securities and one U.S. Government security in the investment portfolio that were in an unrealized loss position compared to eight U.S. GSE securities and one U.S. Government security at December 31, 2012.

Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market conditions, or adverse developments relating to the issuer, warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. In analyzing an issuer's financial condition, management considers whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuer's financial condition.

As the Company has the ability to hold its debt securities until maturity, or for the foreseeable future if classified as AFS, and it is more likely than not that the Company will not have to sell such securities before recovery of their cost basis, no declines in such securities were deemed to be other-than-temporary at December 31, 2013 and 2012.

The Bank is a member of the FHLBB. The FHLBB is a cooperatively owned wholesale bank for housing and finance in the six New England States. Its mission is to support the residential mortgage and community-development lending activities of its members, which include over 450 financial institutions across New England. As a requirement of membership in the FHLBB, the Bank must own a minimum required amount of FHLBB stock, calculated periodically based primarily on the Bank’s level of borrowings from the FHLBB. The Company obtains much of its wholesale funding from the FHLBB. As of December 31, 2013 and 2012, the Company’s investment in FHLBB stock was $3,044,700 and $3,433,200, respectively. As a member of the FHLBB, the Company is also subject to future capital calls by the FHLBB in order to maintain compliance with its capital plan.

FHLBB stock is a non-marketable equity security and therefore is reported at cost, which equals its par value. Shares held in excess of the minimum required amount are generally redeemable at par value. In the first quarter of 2012, the FHLBB announced the termination of a moratorium on member stock redemptions that it had instituted in 2009 in order to preserve its capital in response to adverse market conditions and declining retained earnings.

In February, 2011, FHLBB announced its intention to declare modest cash dividends beginning in 2011 after a brief period (2008 – 2010) of no dividends. The Company had dividend income on its FHLBB stock of $12,214 in 2013 and $17,892 in 2012.

The Company periodically evaluates its investment in FHLBB stock for impairment based on, among other factors, the capital adequacy of the FHLBB and its overall financial condition. No impairment losses have been recorded through December 31, 2013. The Bank will continue to monitor its investment in FHLBB stock.

3_Loans_Allowance_for_Loan_Los

3. Loans, Allowance for Loan Losses and Credit Quality	12 Months Ended
3. Loans, Allowance for Loan Losses and Credit Quality	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]	'
Note 3. Loans, Allowance for Loan Losses and Credit Quality	'
	The composition of net loans at December 31 was as follows:

		2013	2012

	Commercial & industrial	$ 55,619,285	$ 49,283,948
	Commercial real estate	156,935,803	139,807,517
	Residential real estate - 1st lien	172,847,074	169,612,809
	Residential real estate - Jr lien	45,687,405	47,029,023
	Consumer	8,819,359	10,642,151
		439,908,926	416,375,448
	Deduct (add):
	Allowance for loan losses	4,854,915	4,312,080
	Deferred net loan costs	-300,429	-169,501
		4,554,486	4,142,579
	Net Loans	$435,354,440	$412,232,869

	The following is an age analysis of past due loans (including non-accrual), by segment:

			90 Days	Total			Non-Accrual	90 Days or More
	31-Dec-13	30-89 Days	or More	Past Due	Current	Total Loans	Loans	and Accruing

	Commercial & industrial	$1,060,971	$ 310,669	$ 1,371,640	$ 54,247,645	$ 55,619,285	$ 527,105	$ 21,902
	Commercial real estate	713,160	215,507	928,667	156,007,136	156,935,803	1,403,541	5,313
	Residential real estate - 1st lien	5,184,457	1,655,950	6,840,407	166,006,667	172,847,074	2,203,106	817,109
	Residential real estate - Jr lien	533,134	289,169	822,303	44,865,102	45,687,405	593,125	56,040
	Consumer	136,922	7,784	144,706	8,674,653	8,819,359	0	7,784
	Total	$7,628,644	$2,479,079	$10,107,723	$429,801,203	$439,908,926	$4,726,877	$908,148

			90 Days	Total			Non-Accrual	90 Days or More
	31-Dec-12	30-89 Days	or More	Past Due	Current	Total Loans	Loans	and Accruing

	Commercial & industrial	$ 782,937	$ 377,145	$1,160,082	$ 48,123,866	$ 49,283,948	$ 596,777	$ 0
	Commercial real estate	785,890	888,179	1,674,069	138,133,448	139,807,517	1,892,195	53,937
	Residential real estate - 1st lien	4,654,077	844,803	5,498,880	164,113,929	169,612,809	1,928,097	281,845
	Residential real estate - Jr lien	379,363	57,128	436,491	46,592,532	47,029,023	338,383	41,434
	Consumer	132,624	844	133,468	10,508,683	10,642,151	0	844
	Total	$6,734,891	$2,168,099	$8,902,990	$407,472,458	$416,375,448	$4,755,452	$378,060

	For all loan segments, loans over 30 days are considered delinquent.

	The following summarizes changes in the allowance for loan losses and select loan information, by portfolio segment:

	For the year ended December 31, 2013
				Residential	Residential
		Commercial	Commercial	Real Estate	Real Estate
		& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Unallocated	Total
	Allowance for loan losses
	Beginning balance	$ 428,381	$ 1,536,440	$ 1,563,576	$ 332,556	$ 138,699	$312,428	$ 4,312,080
	Charge-offs	-83,344	-124,849	-56,430	-56,797	-67,009	0	-388,429
	Recoveries	2,953	185,791	15,819	21,277	35,424	0	261,264
	Provision (credit)	168,392	546,016	-70,781	69,435	-1,835	-41,227	670,000
	Ending balance	$ 516,382	$ 2,143,398	$ 1,452,184	$ 366,471	$ 105,279	$271,201	$ 4,854,915

	Allowance for loan losses
	Evaluated for impairment
	Individually	$ 27,500	$ 147,700	$99,700	$ 76,500	$ 0	$ 0	$ 351,400
	Collectively	488,882	1,995,698	1,352,484	289,971	105,279	271,201	4,503,515
	Total	$ 516,382	$ 2,143,398	$ 1,452,184	$ 366,471	$ 105,279	$271,201	$ 4,854,915

	Loans evaluated for impairment
	Individually	$ 373,696	$ 1,386,477	$ 1,788,793	$ 559,250	$ 0		$ 4,108,216
	Collectively	55,245,589	155,549,326	171,058,281	45,128,155	8,819,359		435,800,710
	Total	$55,619,285	$156,935,803	$172,847,074	$45,687,405	$8,819,359		$439,908,926

For the year ended December 31, 2012
			Residential	Residential
	Commercial	Commercial	Real Estate	Real Estate
	& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Unallocated	Total
Allowance for loan losses
Beginning balance	$ 342,314	$ 1,385,939	$ 1,578,493	$ 331,684	$ 124,779	$123,293	$ 3,886,502
Charge-offs	-159,309	-57,923	-246,237	-135,622	-96,491	0	-695,582
Recoveries	29,769	51,863	5,538	1,538	32,452	0	121,160
Provision	215,607	156,561	225,782	134,956	77,959	189,135	1,000,000
Ending balance	$ 428,381	$ 1,536,440	$ 1,563,576	$ 332,556	$ 138,699	$312,428	$ 4,312,080

Allowance for loan losses
Evaluated for impairment
Individually	$ 0	$ 0	$ 134,800	$ 39,200	$ 0	$ 0	$ 174,000
Collectively	428,381	1,536,440	1,428,776	293,356	138,699	312,428	4,138,080
Total	$ 428,381	$ 1,536,440	$ 1,563,576	$ 332,556	$ 138,699	$312,428	$ 4,312,080

Loans evaluated for impairment
Individually	$ 435,165	$ 1,762,615	$ 1,641,960	$ 309,606	$ 0		$ 4,149,346
Collectively	48,848,783	138,044,902	167,970,849	46,719,417	10,642,151		412,226,102
Total	$49,283,948	$139,807,517	$169,612,809	$47,029,023	$10,642,151		$416,375,448

Impaired loans by segment were as follows:

	As of December 31, 2013			2013
		Unpaid		Average
	Recorded	Principal	Related	Recorded
	Investment	Balance	Allowance	Investment

With no related allowance recorded
Commercial & industrial	$ 314,510	$ 363,618	$ 0	$ 339,519
Commercial real estate	944,845	1,021,143	0	1,325,504
Residential real estate - 1st lien	1,354,432	1,654,023	0	1,088,631
Residential real estate - Jr lien	164,137	228,134	0	64,606

With an allowance recorded
Commercial & industrial	59,186	59,186	27,500	11,837
Commercial real estate	441,632	446,963	147,700	272,174
Residential real estate - 1st lien	434,361	474,496	99,700	515,685
Residential real estate - Jr lien	395,113	429,167	76,500	380,855

Total
Commercial & industrial	$ 373,696	$ 422,804	$ 27,500	$ 351,356
Commercial real estate	$1,386,477	$1,468,106	$147,700	$1,597,678
Residential real estate - 1st lien	$1,788,793	$2,128,519	$ 99,700	$1,604,316
Residential real estate - Jr lien	$ 559,250	$ 657,301	$ 76,500	$ 445,461

Total	$4,108,216	$4,676,730	$351,400	$3,998,811

	As of December 31, 2012			2012
		Unpaid		Average
	Recorded	Principal	Related	Recorded
	Investment	Balance	Allowance	Investment

With no related allowance recorded
Commercial & industrial	$ 435,165	$ 473,664	$ 0	$ 536,973
Commercial real estate	1,762,615	2,123,371	0	2,019,449
Residential real estate - 1st lien	1,024,598	1,250,224	0	893,629
Residential real estate - Jr lien	15,694	76,680	0	34,602

With an allowance recorded
Commercial & industrial	0	0	0	232,743
Commercial real estate	0	0	0	920,842
Residential real estate - 1st lien	617,362	669,288	134,800	892,339
Residential real estate - Jr lien	293,912	319,020	39,200	295,372

Total
Commercial & industrial	$ 435,165	$ 473,664	$ 0	$ 769,716
Commercial real estate	$1,762,615	$2,123,371	$ 0	$2,940,291
Residential real estate - 1st lien	$1,641,960	$1,919,512	$134,800	$1,785,968
Residential real estate - Jr lien	$ 309,606	$ 395,700	$ 39,200	$ 329,974

Total	$4,149,346	$4,912,247	$174,000	$5,825,949

Interest income recognized on impaired loans is immaterial for all periods presented.

As of the balance sheet dates, the Company was not contractually committed to lend additional funds to debtors with impaired, non-accrual or restructured loans.

Credit Quality Grouping

In developing the allowance for loan losses, management uses credit quality grouping to help evaluate trends in credit quality. The Company groups credit risk into Groups A, B and C. The manner the Company utilizes to assign risk grouping is driven by loan purpose. Commercial purpose loans are individually risk graded while the retail portion of the portfolio is generally grouped by delinquency pool.

Group A loans - Acceptable Risk – are loans that are expected to perform as agreed under their respective terms. Such loans carry a normal level of risk that does not require management attention beyond that warranted by the loan or loan relationship characteristics, such as loan size or relationship size. Group A loans include commercial purpose loans that are individually risk rated and retail loans that are rated by pool. Group A retail loans include both performing consumer and residential real estate loans. Residential real estate loans are loans to individuals secured by 1-4 family homes, including first mortgages, home equity and home improvement loans. Loan balances fully secured by deposit accounts or that are fully guaranteed by the Federal Government are considered acceptable risk.

Group B loans – Management Involved - are loans that require greater attention than the acceptable loans in Group A. Characteristics of such loans may include, but are not limited to, borrowers that are experiencing negative operating trends such as reduced sales or margins, borrowers that have exposure to adverse market conditions such as increased competition or regulatory burden, or borrowers that have had unexpected or adverse changes in management. These loans have a greater likelihood of migrating to an unacceptable risk level if these characteristics are left unchecked. Group B is limited to commercial purpose loans that are individually risk rated.

Group C loans – Unacceptable Risk – are loans that have distinct shortcomings that require a greater degree of management attention. Examples of these shortcomings include a borrower's inadequate capacity to service debt, poor operating performance, or insolvency. These loans are more likely to result in repayment through collateral liquidation. Group C loans range from those that are likely to sustain some loss if the shortcomings are not corrected, to those for which loss is imminent and non-accrual treatment is warranted. Group C loans include individually rated commercial purpose loans, and retail loans adversely rated in accordance with the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification Policy. Group C retail loans include 1-4 family residential real estate loans and home equity loans past due 90 days or more with loan-to-value ratios greater than 60%, home equity loans 90 days or more past due where the bank does not hold first mortgage, irrespective of loan-to-value, loans in bankruptcy where repayment is likely but not yet established, and lastly consumer loans that are 90 days or more past due.

Commercial purpose loan ratings are assigned by the commercial account officer; for larger and more complex commercial loans, the credit rating is a collaborative assignment by the lender and the credit analyst. The credit risk rating is based on the borrower's expected performance, i.e., the likelihood that the borrower will be able to service its obligations in accordance with the loan terms. Credit risk ratings are meant to measure risk versus simply record history. Assessment of expected future payment performance requires consideration of numerous factors. While past performance is part of the overall evaluation, expected performance is based on an analysis of the borrower's financial strength, and historical and projected factors such as size and financing alternatives, capacity and cash flow, balance sheet and income statement trends, the quality and timeliness of financial reporting, and the quality of the borrower’s management. Other factors influencing the credit risk rating to a lesser degree include collateral coverage and control, guarantor strength and commitment, documentation, structure and covenants and industry conditions. There are uncertainties inherent in this process.

Credit risk ratings are dynamic and require updating whenever relevant information is received. The risk ratings of larger or more complex loans, and Group B and C rated loans, are assessed at the time of their respective annual reviews, during quarterly updates, in action plans or at any other time that relevant information warrants update. Lenders are required to make immediate disclosure to the Chief Credit Officer of any known increase in loan risk, even if considered temporary in nature.

The risk ratings within the loan portfolio by segments as of the balance sheet dates were as follows:

As of December 31, 2013
			Residential	Residential
	Commercial	Commercial	Real Estate	Real Estate
	& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Total

Group A	$51,740,744	$148,516,895	$169,771,357	$44,739,736	$8,800,365	$423,569,097
Group B	2,824,169	3,292,200	160,468	460,844	0	6,737,681
Group C	1,054,372	5,126,708	2,915,249	486,825	18,994	9,602,148
Total	$55,619,285	$156,935,803	$172,847,074	$45,687,405	$8,819,359	$439,908,926

As of December 31, 2012
			Residential	Residential
	Commercial	Commercial	Real Estate	Real Estate
	& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Total

Group A	$47,689,238	$131,643,756	$166,374,493	$46,162,420	$10,632,404	$402,502,311
Group B	593,838	4,139,367	404,752	318,248	0	5,456,205
Group C	1,000,872	4,024,394	2,833,564	548,355	9,747	8,416,932
Total	$49,283,948	$139,807,517	$169,612,809	$47,029,023	$10,642,151	$416,375,448

Modifications of Loans and TDRs

A loan is classified as a TDR if, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession to the borrower that it would not otherwise consider.

The Company is deemed to have granted such a concession if it has modified a troubled loan in any of the following ways:

	·	Reduced accrued interest
	·	Reduced the original contractual interest rate to a rate that is below the current market rate for the borrower;
	·	Converted a variable-rate loan to a fixed-rate loan;
	·	Extended the term of the loan beyond an insignificant delay;
	·	Deferred or forgiven principal in an amount greater than three months of payments; or,
	·	Performed a refinancing and deferred or forgiven principal on the original loan.

An insignificant delay or insignificant shortfall in the amount of payments typically would not require the loan to be accounted for as a TDR. However, pursuant to regulatory guidance, any payment delay longer than three months is generally not considered insignificant. The assessment of whether a concession has been granted also takes into account payments expected to be received from third parties, including third-party guarantors, provided that the third party has the ability to perform on the guarantee.

The Company’s TDRs are principally a result of extending loan repayment terms to relieve cash flow difficulties. The Company has only, on a limited basis, reduced interest rates for borrowers below the current market rate for the borrower. The Company has not forgiven principal or reduced accrued interest within the terms of original restructurings, nor has it converted variable rate terms to fixed rate terms. However, the Company evaluates each TDR situation on its own merits and does not foreclose the granting of any particular type of concession.

TDRs by segment for the periods presented were as follows:

For the year ended December 31, 2013
		Pre-	Post-
		Modification	Modification
		Outstanding	Outstanding
	Number of	Recorded	Recorded
	Contracts	Investment	Investment

Residential real estate - 1st lien	4	$ 321,406	$ 330,266
Residential real estate - Jr lien	1	23,425	23,425
Total	5	$ 344,831	$ 353,691

For the year ended December 31, 2012
		Pre-	Post-
		Modification	Modification
		Outstanding	Outstanding
	Number of	Recorded	Recorded
	Contracts	Investment	Investment

Commercial real estate	2	$1,030,645	$1,030,645
Residential real estate - 1st lien	3	200,241	205,588
Total	5	$1,230,886	$1,236,233

There were no TDRs for which there was a payment default under the restructured terms during the twelve month period ended December 31, 2012. The TDRs for which there was a payment default during the twelve month period ended December 31, 2013 were as follows:

	Number of	Recorded
	Contracts	Investment

Residential real estate - 1st lien	2	$213,342

TDRs are treated as other impaired loans and carry individual specific reserves with respect to the calculation of the allowance for loan losses. These loans are categorized as non-performing, may be past due, and are generally adversely risk rated. The TDRs that have defaulted under their restructured terms are generally in collection status and their reserve is typically calculated using the fair value of collateral method. At December 31, 2013 and 2012, the specific allowance related to TDRs was approximately $5,800 and $23,000, respectively.

At December 31, 2013, the Company did not have any commitments to lend additional funds to borrowers with loans classified as TDRs.

4_Loan_Servicing

4. Loan Servicing	12 Months Ended
	Dec. 31, 2013
Transfers and Servicing of Financial Assets [Abstract]	'
Note 4. Loan Servicing	'
	Mortgage loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balances of mortgage loans serviced for others were $193,751,501 and $198,438,802 at December 31, 2013 and 2012, respectively. Net gain realized on the sale of loans was $778,203 and $1,375,689 for the years ended December 31, 2013 and 2012, respectively.

	Changes in mortgage servicing rights for the years ended December 31 are summarized as follows:

		2013	2012

	Balance at beginning of year	$1,009,623	$1,097,442
	Mortgage servicing rights capitalized	274,253	406,807
	Mortgage servicing rights amortized	-317,865	-409,584
	Change in valuation allowance	363,068	-85,042
	Balance at end of year	$1,329,079	$1,009,623

5_Bank_Premises_and_Equipment

5. Bank Premises and Equipment	12 Months Ended
5. Bank Premises and Equipment	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
Note 5. Bank Premises and Equipment	'
	The major classes of bank premises and equipment and accumulated depreciation and amortization at December 31 were as follows:

		2013	2012

	Buildings and improvements	$10,896,563	$10,762,761
	Land and land improvements	2,408,921	2,403,921
	Furniture and equipment	7,797,907	7,340,676
	Leasehold improvements	1,316,386	1,302,395
	Capital leases	976,907	976,907
	Other prepaid assets	28,661	175,507
		23,425,345	22,962,167
	Less accumulated depreciation and amortization	-11,701,877	-10,718,847
		$11,723,468	$12,243,320

	The Company is obligated under non-cancelable operating leases for bank premises expiring in various years through 2018, with options to renew. Minimum future rental payments for these leases with original terms in excess of one year as of December 31, 2013 for each of the next five years and in aggregate are:

	2014	$153,900
	2015	129,845
	2016	61,817
	2017	6,817
	2018	6,817
		$359,196

	Total rental expense amounted to $231,575 and $230,756 for the years ended December 31, 2013 and 2012, respectively.

	Capital lease obligations

	The following is a schedule by years of future minimum lease payments under capital leases, together with the present value of the net minimum lease payments as of December 31, 2013:

	2014	$126,255
	2015	129,755
	2016	129,755
	2017	133,255
	2018	138,155
	Subsequent to 2018	282,501
	Total minimum lease payments	939,676
	Less amount representing interest	-228,634
	Present value of net minimum lease payments	$711,042

6_Goodwill_and_Other_Intangibl

6. Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Note 6. Goodwill and Other Intangible Assets	'
	As a result of the merger with LyndonBank on December 31, 2007, the Company recorded goodwill amounting to $11,574,269. The goodwill is not amortizable and is not deductible for tax purposes.

	The Company also recorded $4,161,000 of acquired identified intangible assets representing the core deposit intangible, which is subject to amortization as a non-interest expense over a ten year period. The accumulated amortization expense was $3,070,219 and $2,797,524 as of December 31, 2013 and 2012, respectively.

	The amortization expense related to the remaining core deposit intangible at December 31, 2013 is expected to be as follows:

	2014	$ 272,695
	2015	272,695
	2016	272,695
	2017	272,696
	Total remaining core deposit intangible expense	$1,090,781

	Management evaluated goodwill for impairment at December 31, 2013 and 2012 and concluded that no impairment existed as of such dates.

7_Other_Investments

7. Other Investments	12 Months Ended
7. Other Investments	Dec. 31, 2013
Subsidiaries and Other Investments of Limited Liability Company or Limited Partnership [Abstract]	'
Note 7. Other Investments	'
	In 2011 the Company established a single-member LLC to facilitate the purchase of federal NMTC through an investment structure designed by a local community development entity. The LLC does not conduct any business apart from its role in the NMTC financing structure. The NMTC equity investment generated tax credits of $170,750 for each of the years ended December 31, 2013 and 2012, with an amortization expense of $101,390 and $39,662, respectively. The carrying value of the NMTC equity investment was $683,690 and $785,080 at December 31, 2013 and 2012, respectively, and is included in other assets in the consolidated balance sheets.

	The Company purchases from time to time interests in various limited partnerships established to acquire, own and rent residential housing for low and moderate income Vermonters located in northeastern and central Vermont. The tax credits from these investments were $531,973 for the year ended December 31, 2013 and $1,157,541 for the year ended December 31, 2012. Expenses related to amortization of the investments in the limited partnerships are recognized as a component of other expenses, and were $473,842 and $1,175,177 for 2013 and 2012, respectively. The carrying values of the limited partnership investments were $2,334,709 and $2,808,551 at December 31, 2013 and 2012, respectively, and are included in other assets.

	The Bank has a one-third ownership interest in a non-depository trust company, CFSG, based in Newport, Vermont, which is held indirectly through Community Financial Services Partners, LLC ("CFSG Partners"), a Vermont LLC that owns 100% of the LLC equity interests of CFSG. The Bank accounts for its investment in CFSG Partners under the equity method of accounting. The Company's investment in CFSG Partners, included in other assets, amounted to $953,912 as of December 31, 2013 and $666,661 as of December 31, 2012. The Company recognized income of $287,252 for 2013 and income of $149,715 for 2012 through CFSG Partners from the operations of CFSG.

8_Time_Deposits

8. Time Deposits	12 Months Ended
	Dec. 31, 2013
Maturities of Time Deposits [Abstract]	'
Note 8. Time Deposits	'
	The following is a maturity distribution of time deposits at December 31, 2013:

	2014	$ 72,000,665
	2015	22,543,863
	2016	13,038,884
	2017	9,516,281
	2018	3,851,846
	Total time deposits	$120,951,539

9_Borrowed_Funds

9. Borrowed Funds	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Note 9. Borrowed Funds	'
	Borrowings from the FHLBB as of December 31 were as follows:

		2013	2012
	Long-Term Borrowings
	FHLBB term borrowing, 1.71% fixed rate, due January 28, 2013	$ 0	$6,000,000

	The Company maintained a $500,000 IDEAL Way Line of Credit with the FHLBB at December 31, 2013 and 2012, with no outstanding advances under this line at either year-end date. Interest on these borrowings is at a rate determined daily by the FHLBB and payable monthly.

	Borrowings from the FHLBB are secured by a blanket lien on qualified collateral consisting primarily of loans with first mortgages secured by 1-4 family residential properties. Qualified collateral for these borrowings totaled $114,886,791 and $116,101,167 as of December 31, 2013 and 2012, respectively. As of December 31, 2013 and 2012, the Company's potential borrowing capacity was $72,556,030 and $72,591,692, respectively, reduced by outstanding advances and collateral pledges.

	Under a separate agreement, the Company has the authority to collateralize public unit deposits, up to its available borrowing capacity, with letters of credit issued by the FHLBB. At December 31, 2013, $20,800,000 in FHLBB letters of credit was utilized as collateral for these deposits compared to $15,800,000 at December 31, 2012. Total fees paid by the Company in connection with issuance of these letters of credit were $43,654 for 2013 and $41,749 for 2012.

	The Company also has a line of credit with the FRBB, which is intended to be used as a contingency funding source. For this Borrower-in-Custody arrangement, the Company pledged eligible commercial and industrial loans, commercial real estate loans and home equity loans, resulting in an available line of $74,929,216 and $71,345,734 as of December 31, 2013 and 2012, respectively. Credit advances in the FRBB lending program are overnight advances with interest chargeable at the primary credit rate (generally referred to as the discount rate), which was 75 basis points as of December 31, 2013. As of December 31, 2013 and 2012, the Company had no outstanding advances against this line.

	The Company has an unsecured line with one of its correspondent banks with an available line of $3,000,000 at December 31, 2013 and 2012.

10_Junior_Subordinated_Debentu

10. Junior Subordinated Debentures	12 Months Ended
10. Junior Subordinated Debentures	Dec. 31, 2013
Junior Subordinated Notes [Abstract]	'
Note 10. Junior Subordinated Debentures	'
	As of December 31, 2013 and 2012, the Company had outstanding $12,887,000 principal amount of Junior Subordinated Debentures due 2037 (the “Debentures”). The Debentures bore a fixed annual interest rate of 7.56% through December 15, 2012, and thereafter a floating rate equal to the 3-month London Interbank Offered Rate (LIBOR) plus 2.85%. During 2013 the floating rate approximated 3.13% per quarter. The Debentures mature on December 15, 2037 and are subordinated and junior in right of payment to all senior indebtedness of the Company, as defined in the Indenture dated as of October 31, 2007 between the Company and Wilmington Trust Company, as Trustee. The Debentures first became redeemable, in whole or in part, by the Company on December 15, 2012. Interest paid on the Debentures for 2013 and 2012 was $409,938 and $974,257, respectively, and is deductible for tax purposes.

	The Debentures were issued and sold to CMTV Statutory Trust I (the “Trust”). The Trust is a special purpose trust funded by a capital contribution of $387,000 from the Company, in exchange for 100% of the Trust’s common equity. The Trust was formed for the purpose of issuing corporation-obligated mandatorily redeemable Capital Securities (“Capital Securities”) in the principal amount of $12.5 million to third-party investors and using the proceeds from the sale of such Capital Securities and the Company’s initial capital contribution to purchase the Debentures. The Debentures are the sole asset of the Trust. Distributions on the Capital Securities issued by the Trust are payable quarterly at a rate per annum equal to the interest rate being earned by the Trust on the Debentures. The Capital Securities are subject to mandatory redemption, in whole or in part, upon repayment of the Debentures. The Company has entered into an agreement which, taken collectively, fully and unconditionally guarantees the payments on the Capital Securities, subject to the terms of the guarantee.

	The Debentures are currently includable in the Company’s Tier 1 capital up to 25% of core capital elements (see Note 20).

11_Repurchase_Agreements

11. Repurchase Agreements	12 Months Ended
11. Repurchase Agreements	Dec. 31, 2013
Securities Sold under Agreements to Repurchase [Abstract]	'
Note 11. Repurchase Agreements	'
	Securities sold under agreements to repurchase amounted to $29,644,615 and $34,149,608 as of December 31, 2013 and 2012, respectively. These agreements were collateralized by U.S. GSE securities and U.S. Treasury notes with a book value of $33,275,039 and $40,625,821 and a fair value of $33,235,708 and $40,886,059 at December 31, 2013 and 2012, respectively.

	The average daily balance of these repurchase agreements was $28,537,504 and $26,383,409 during 2013 and 2012, respectively. The maximum borrowings outstanding on these agreements at any month-end reporting period of the Company were $34,539,586 and $34,149,608 during 2013 and 2012, respectively. These repurchase agreements mature daily and carried a weighted average interest rate of 0.39% during 2013 and 0.55% during 2012.

12_Income_Taxes

12. Income Taxes	12 Months Ended
12. Income Taxes	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Note 12. Income Taxes	'
	The Company prepares its federal income tax return on a consolidated basis. Federal income taxes are allocated to members of the consolidated group based on taxable income.

	Federal income tax expense (benefit) for the years ended December 31 was as follows:

		2013	2012

	Currently paid or payable	$1,533,835	$ 92,482
	Deferred benefit	-402,748	-231,970
	Total income tax expense (benefit)	$1,131,087	($139,488)

	Total income tax expense (benefit) differed from the amounts computed at the statutory federal income tax rate of 34 percent primarily due to the following for the years ended December 31:

		2013	2012

	Computed expense at statutory rates	$2,079,560	$ 1,448,808
	Tax exempt interest & BOLI	-388,524	-379,715
	Disallowed interest	14,661	20,169
	Partnership tax credits	-644,668	-1,260,200
	New markets tax credit amortization expense	101,390	26,177
	Other	-31,332	5,273
		$1,131,087	$ (139,488)

	The deferred income tax benefit consisted of the following items for the years ended December 31:

		2013	2012

	Depreciation	$ (18,120)	$ (37,653)
	Mortgage servicing rights	108,616	-29,859
	Deferred compensation	-18,090	-22,827
	Bad debts	-254,234	-249,202
	Non-accrual loan interest	-5,590	73,065
	Limited partnership amortization	27,529	-340,021
	Investment in CFSG Partners	43,864	44,991
	Fair value adjustment on acquired premises
	and equipment	0	153,862
	Core deposit intangible	-92,716	-115,896
	Loan fair value	-7,165	-18,031
	Fannie Mae preferred stock write down	0	779,578
	Alternative minimum tax	0	59,031
	OREO write down	-15,130	0
	Tax credit carryovers	-170,865	-604,096
	Other	-847	75,088
	Change in deferred tax benefit	($402,748)	($231,970)

	Listed below are the significant components of the net deferred tax asset at December 31:

		2013	2012

	Components of the deferred tax asset:
	Bad debts	$1,650,671	$1,396,437
	Non-accrual loan interest	32,497	26,907
	Deferred compensation	263,127	245,037
	Limited partnerships	57,212	84,741
	Contingent liability - MPF program	45,042	40,526
	OREO write down	15,130	0
	Capital leases	73,424	71,041
	Tax and rehab credit carryforwards	774,961	604,096
	Unrealized loss on securities available-for-sale	24,452	0
	Other	28,737	34,789
	Total deferred tax asset	$2,965,253	$2,503,574

	Components of the deferred tax liability:
	Depreciation	242,487	260,607
Mortgage servicing rights	451,887	343,271
Unrealized gain on securities available-for-sale	0	88,482
Investment in CFSG Partners	88,855	44,991
Core deposit intangible	370,866	463,582
Fair value adjustment on acquired loans	47,348	54,513
Total deferred tax liability	1,201,443	1,255,446

Net deferred tax asset	$1,763,810	$1,248,128

US GAAP provides for the recognition and measurement of deductible temporary differences (including general valuation allowances) to the extent that it is more likely than not that the deferred tax asset will be realized.

The net deferred tax asset is included in other assets in the consolidated balance sheets.

ASC Topic 740, "Income Taxes", defines the criteria that an individual tax position must satisfy for some or all of the benefits of that position to be recognized in a company's financial statements. Topic 740 prescribes a recognition threshold of more-likely-than-not, and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the consolidated financial statements. The Company has adopted these provisions and there was no material effect on the consolidated financial statements. The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the years ended December 31, 2010 through 2012.

13_401k_and_ProfitSharing_Plan

13. 401(k) and Profit-Sharing Plan	12 Months Ended
13. 401(k) and Profit-Sharing Plan	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Note 13. 401(k) and Profit-Sharing Plan	'
Note 13. 401(k) and Profit-Sharing Plan	The Company has a defined contribution plan covering all employees who meet certain age and service requirements. The pension expense was $551,577 and $481,875 for 2013 and 2012, respectively. These amounts represent discretionary matching contributions of a portion of the voluntary employee salary deferrals under the 401(k) plan and discretionary profit-sharing contributions under the plan.

14_Deferred_Compensation_and_S

14. Deferred Compensation and Supplemental Employee Retirement Plans	12 Months Ended
	Dec. 31, 2013
Compensation Related Costs [Abstract]	'
Note 14. Deferred Compensation and Supplemental Employee Retirement Plans	'
	The Company maintains a directors’ deferred compensation plan and, prior to 2005, maintained a retirement plan for its directors. Participants are general creditors of the Company with respect to these benefits. The benefits accrued under these plans were $399,379 and $413,884 at December 31, 2013 and 2012, respectively. Expenses associated with these plans were $26,996 and $24,199 for the years ended December 31, 2013 and 2012, respectively.

	The Company also maintains a supplemental employee retirement plan for certain key employees of the Company. Benefits accrued under this plan were $374,523 and $306,815 at December 31, 2013 and 2012, respectively. The expense associated with this plan was $67,708 and $62,940 for the years ended December 31, 2013 and 2012, respectively.

15_Financial_Instruments_with_

15. Financial Instruments with Off-Balance-Sheet Risk	12 Months Ended
	Dec. 31, 2013
Financial Instruments With Off-Balance-Sheet Risk	'
Note 15. Financial Instruments with Off-Balance-Sheet Risk	'
	The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit, standby letters of credit and financial guarantees, commitments to sell loans and risk-sharing commitments on certain sold loans. Such instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheet. The contract or notional amounts of those instruments reflect the maximum extent of involvement the Company has in particular classes of financial instruments.

	The Company's maximum exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit and financial guarantees written is represented by the contractual notional amount of those instruments. The Company applies the same credit policies and underwriting criteria in making commitments and conditional obligations as it does for on-balance-sheet instruments.

	The Company generally requires collateral or other security to support financial instruments with credit risk. At December 31, the following off balance sheet financial instruments representing credit risk were outstanding:

		Contract or
		Notional Amount
		2013	2012

	Unused portions of home equity lines of credit	$21,961,527	$21,120,077
	Other commitments to extend credit	41,230,202	45,551,282
	Residential construction lines of credit	2,010,417	1,138,872
	Commercial real estate and other construction lines of credit	15,592,702	1,762,424
	Standby letters of credit and commercial letters of credit	1,655,469	1,193,480
	Recourse on sale of credit card portfolio	276,650	352,000
	MPF credit enhancement obligation, net (See Note 16)	1,543,211	2,035,858

	Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future funding requirements. At December 31, 2013 and 2012, the Company had binding loan commitments to sell residential mortgages at fixed rates totaling $373,500 and $3,395,249, respectively (see Note 16). The recourse provision under the terms of the sale of the Company’s credit card portfolio in 2007 is based on total lines, not balances outstanding. Based on historical losses, the Company does not expect any significant losses from this commitment.

	The Company evaluates each customer's credit-worthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by the Company upon extension of credit, or a commitment to extend credit, is based on management's credit evaluation of the counter-party. Collateral held varies but may include real estate, accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties.

	Standby letters of credit and financial guarantees written are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support private borrowing arrangements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. The fair value of standby letters of credit has not been included in the balance sheets as the fair value is immaterial.

	In connection with its trust preferred securities financing completed on October 31, 2007, the Company guaranteed the payment obligations under the capital securities of its subsidiary, CMTV Statutory Trust I. The source of funds for payments by the Trust on its capital trust securities is payments made by the Company on its debentures issued to the Trust. The Company's obligation under those debentures is fully reflected in the Company's consolidated balance sheet, in the amount of $12,887,000 at December 31, 2013 and 2012. Of this amount, $12,500,000 represents external financing through the issuance to investors of Capital Securities by CMTV Statutory Trust I (See Note 10).

16_Contingent_Liability

16. Contingent Liability	12 Months Ended
16. Contingent Liability	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Note 16. Contingent Liability	'
Note 16. Contingent Liability	The Company sells first lien 1-4 family residential mortgage loans under the MPF program with FHLBB. Under this program the Company shares in the credit risk of each mortgage loan, while receiving fee income in return. The Company is responsible for a Credit Enhancement Obligation (CEO) based on the credit quality of these loans. FHLBB funds a First Loss Account (FLA) based on the Company's outstanding MPF mortgage balances. This creates a laddered approach to sharing in any losses. In the event of default, homeowner's equity and private mortgage insurance, if any, are the first sources of repayment; the FHLBB's FLA funds are then utilized, followed by the participant’s CEO, with the balance of losses absorbed by FHLBB. These loans must meet specific underwriting standards of the FHLBB. As of December 31, 2013 and 2012, the Company had $50,925,686 and $53,255,305, respectively, in loans sold through the MPF program and on which the Company had a CEO. As of December 31, 2013, the notional amount of the maximum CEO related to this program was $1,675,687 compared to $2,155,052 as of December 31, 2012. The Company had accrued a contingent liability for this CEO in the amount of $132,476 and $119,194 as of December 31, 2013 and 2012, respectively, which is calculated by management based on the methodology used in calculating the allowance for loan losses, adjusted to reflect the risk sharing arrangements with the FHLBB.

17_Legal_Proceedings

17. Legal Proceedings	12 Months Ended
17. Legal Proceedings	Dec. 31, 2013
Legal Proceedings	'
Note 17. Legal Proceedings	'
Note 17. Legal Proceedings	In the normal course of business, the Company is involved in various claims and legal proceedings. In the opinion of the Company's management, after consulting with the Company's legal counsel, any liabilities resulting from such proceedings are not expected to be material to the Company's consolidated financial condition or results of operations.

18_Transactions_with_Related_P

18. Transactions with Related Parties	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Note 18. Transactions with Related Parties	'
	The Company has had, and may be expected to have in the future, banking transactions in the ordinary course of business with directors, principal officers, their immediate families and affiliated companies in which they are principal shareholders (commonly referred to as related parties), all of which have been, in the opinion of management, made on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with others and which do not represent more than the normal risk of collectibility, or present other unfavorable features.

	Aggregate loan transactions with related parties as of December 31 were as follows:

		2013	2012

	Balance, beginning of year	$ 7,063,713	$ 5,998,756
	New loans to related parties	7,619,387	36,354,194
	Repayment*	-7,153,153	-35,289,237
	Balance, end of year	$ 7,529,947	$ 7,063,713

	*Includes loans sold to the secondary market.

	Total deposits with related parties were $5,382,564 and $7,901,009 at December 31, 2013 and 2012, respectively.

	The Company leases 2,253 square feet of condominium space in the state office building on Main Street in Newport, Vermont to its trust company affiliate, CFSG, for its principal offices. CFSG also leases offices in the Company’s Barre and Lyndonville branches. The amount of rental income received from CFSG for the years ended December 31, 2013 and 2012 was $37,062 and $37,177, respectively.

	The Company utilizes the services of CFSG as an investment advisor for the Company’s 401(k) plan. The Human Resources committee of the Board of Directors is the Trustee of the plan, and CFSG provides investment advice for the plan. CFSG also acts as custodian of the retirement funds and makes investments on behalf of the plan and its participants. The Company pays monthly management fees to CFSG based on the market value of the total assets under management. The amount paid to CFSG for the years ended December 31, 2013 and 2012 was $45,892 and $36,318, respectively.

19_Restrictions_on_Cash_and_Du

19. Restrictions on Cash and Due From Banks	12 Months Ended
19. Restrictions on Cash and Due From Banks	Dec. 31, 2013
Restricted Cash and Cash Equivalents Items [Line Items]	'
Note 19. Restrictions on Cash and Due From Banks	'
	Due to a change in FRBB policies that took effect in 2012, the Company was not required to maintain reserve balances in cash at the FRBB due to its vault cash balances at December 31, 2013 and 2012.

	In the ordinary course of business the Company may, from time to time, maintain amounts due from correspondent banks that exceed federally insured limits. However, no losses have occurred in these accounts and the Company believes it is not exposed to any significant risk with respect to such accounts. The Company was required to maintain contracted balances with other correspondent banks of $462,500 at December 31, 2013 and 2012. Of the $462,500 balance, $262,500 was a separate agreed upon “impressed” balance to avoid monthly charges on the Company’s current federal funds liquidity line.

20_Regulatory_Capital_Requirem

20. Regulatory Capital Requirements	12 Months Ended
20. Regulatory Capital Requirements	Dec. 31, 2013
Regulatory Capital Requirements [Abstract]	'
Note 20. Regulatory Capital Requirements	'
	The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory - and possibly additional discretionary - actions by regulators that, if undertaken, could have a direct material effect on the Company's and the Bank's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items, as calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action capital requirements are applicable to banks, but not bank holding companies.

	Under current regulations, the Company and the Bank are required to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). The Company’s non-cumulative Series A preferred stock ($2.5 million liquidation preference) is includable without limitation in its Tier 1 capital. The Company is allowed to include in Tier 1 capital an amount of trust preferred securities equal to no more than 25% of the sum of all core capital elements, which is generally defined as shareholders’ equity, less certain intangibles, including goodwill and the core deposit intangible, net of any related deferred income tax liability, with the balance includable in Tier 2 capital. Management believes that, as of December 31, 2013, the Company and the Bank met all capital adequacy requirements to which they are currently subject.

	As of December 31, 2013 the Bank was considered well capitalized under the regulatory capital framework for Prompt Corrective Action and the Company exceeded applicable consolidated regulatory capital guidelines.

	The following table shows the regulatory capital ratios for the Company and the Bank as of December 31:

						Minimum
						To Be Well
				Minimum		Capitalized Under
				For Capital		Prompt Corrective
		Actual		Adequacy Purposes:		Action Provisions:
		Amount	Ratio	Amount	Ratio	Amount	Ratio
		(Dollars in Thousands)

	Total capital (to risk-weighted assets)
	Company	$51,304	13.09%	$31,365	8.00%	N/A	N/A
	Bank	$50,765	12.97%	$31,314	8.00%	$39,143	10.00%

	Tier I capital (to risk-weighted assets)
	Company	$45,027	11.48%	$15,682	4.00%	N/A	N/A
	Bank	$45,873	11.72%	$15,657	4.00%	$23,486	6.00%

	Tier I capital (to average assets)
	Company	$45,027	8.04%	$22,409	4.00%	N/A	N/A
	Bank	$45,873	8.20%	$22,386	4.00%	$27,983	5.00%

	December 31, 2012:
	Total capital (to risk-weighted assets)
	Company	$47,385	12.57%	$30,164	8.00%	N/A	N/A
	Bank	$46,796	12.44%	$30,099	8.00%	$37,623	10.00%

	Tier I capital (to risk-weighted assets)
	Company	$40,724	10.80%	$15,082	4.00%	N/A	N/A
	Bank	$42,440	11.28%	$15,049	4.00%	$22,574	6.00%

	Tier I capital (to average assets)
	Company	$40,724	7.27%	$22,416	4.00%	N/A	N/A
	Bank	$42,440	7.58%	$22,387	4.00%	$27,984	5.00%

	The Company's ability to pay dividends to its shareholders is largely dependent on the Bank's ability to pay dividends to the Company. The Bank is restricted by law as to the amount of dividends that can be paid. Dividends declared by national banks that exceed net income for the current and preceding two years must be approved by the Bank’s primary banking regulator, the Office of the Comptroller of the Currency (“OCC”). Regardless of formal regulatory restrictions, the Bank may not pay dividends that would result in its capital levels being reduced below the minimum requirements shown above.

21_Fair_Value

21. Fair Value	12 Months Ended
21. Fair Value	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Note 21. Fair Value	'
	Certain assets and liabilities are recorded at fair value to provide additional insight into the Company’s quality of earnings. The fair values of some of these assets and liabilities are measured on a recurring basis while others are measured on a nonrecurring basis, with the determination based upon applicable existing accounting pronouncements. For example, securities available-for-sale are recorded at fair value on a recurring basis. Other assets, such as mortgage servicing rights, loans held-for-sale, and impaired loans, are recorded at fair value on a nonrecurring basis using the lower of cost or market methodology to determine impairment of individual assets. The Company groups assets and liabilities which are recorded at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. The level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement (with Level 1 considered highest and Level 3 considered lowest). A brief description of each level follows.

	Level 1 Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an active exchange market, as well as U.S. Treasury, other U.S. Government and agency mortgage-backed debt securities that are highly liquid and are actively traded in over-the-counter markets.

	Level 2 Observable inputs other than Level 1 prices such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. This category generally includes mortgage servicing rights, impaired loans and OREO.

	Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

	The following methods and assumptions were used by the Company in estimating its fair value measurements and disclosures:

	Cash and cash equivalents: The carrying amounts reported in the balance sheet for cash and cash equivalents approximate their fair values. As such, the Company classifies these financial instruments as Level 1.

	Securities Available-for-Sale and Held-to-Maturity: Fair value measurement is based upon quoted prices for similar assets, if available. If quoted prices are not available, fair values are measured using matrix pricing models, or other model-based valuation techniques requiring observable inputs other than quoted prices such as yield curves, prepayment speeds and default rates. Level 1 securities would include U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets. Level 2 securities include federal agency securities and securities of local municipalities.

	Restricted equity securities: Restricted equity securities are comprised of FRBB stock and FHLBB stock. These securities are carried at cost, which is believed to approximate fair value, based on the redemption provisions of the FRBB and the FHLBB. The stock is nonmarketable, and redeemable at par value, subject to certain conditions. As such the Company classifies these securities as Level 2.

	Loans and loans held-for-sale: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying amounts. The fair values for other loans (for example, fixed rate residential, commercial real estate, and rental property mortgage loans, and commercial and industrial loans) are estimated using discounted cash flow analyses, based on interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Loan fair value estimates include judgments regarding future expected loss experience and risk characteristics. Loan impairment is deemed to exist when full repayment of principal and interest according to the contractual terms of the loan is no longer probable. Impaired loans are reported based on one of three measures: the present value of expected future cash flows discounted at the loan’s effective interest rate; the loan’s observable market price; or the fair value of the collateral if the loan is collateral dependent. If the fair value is less than an impaired loan’s recorded investment, an impairment loss is recognized as part of the allowance for loan losses. Accordingly, certain impaired loans may be subject to measurement at fair value on a non-recurring basis. Management has estimated the fair values of these assets using Level 2 inputs, such as the fair value of collateral based on independent third-party appraisals for collateral-dependent loans. All other loans are valued using Level 3 inputs.

	The fair value of loans held-for-sale is based upon an actual purchase and sale agreement between the Company and an independent market participant. The sale is executed within a reasonable period following quarter end at the stated fair value.

	Mortgage servicing rights: Mortgage servicing rights represent the value associated with servicing residential mortgage loans. Servicing assets and servicing liabilities are reported using the amortization method. In evaluating the carrying values of mortgage servicing rights, the Company obtains third party valuations based on loan level data including note rate, and the type and term of the underlying loans. As such, the Company classifies mortgage servicing rights as nonrecurring Level 2.

	OREO: Real estate acquired through or in lieu of foreclosure and bank properties no longer used as bank premises are initially recorded at fair value. The fair value of OREO is based on property appraisals and an analysis of similar properties currently available. As such, the Company records OREO as nonrecurring Level 2.

	Deposits, federal funds purchased and borrowed funds: The fair values disclosed for demand deposits (for example, checking accounts, savings accounts and repurchase agreements) are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The fair values for certificates of deposit and borrowed funds are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates and indebtedness to a schedule of aggregated contractual maturities on such time deposits and indebtedness. As such the Company classifies deposits, federal funds purchased and borrowed funds as Level 2.

	Capital lease obligations: Fair value is determined using a discounted cash flow calculation using current rates. Based on current rates, carrying value approximates fair value. As such the Company classifies these obligations as Level 2.

	Junior subordinated debentures: Fair value is estimated using current rates for debentures of similar maturity. As such the Company classifies these instruments as Level 2.

	Accrued interest: The carrying amounts of accrued interest approximate their fair values. As such the Company classifies accrued interest as Level 2.

	Off-balance-sheet credit related instruments: Commitments to extend credit are evaluated and fair value is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present credit-worthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates.

	FASB ASC Topic 825 “Financial Instruments”, requires disclosures of fair value information about financial instruments, whether or not recognized in the balance sheet, if the fair values can be reasonably determined. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques using observable inputs when available. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Topic 825 excludes certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company.

	Assets Recorded at Fair Value on a Recurring Basis

	Assets measured at fair value on a recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:

	31-Dec-13	Level 1	Level 2	Total
	Assets: (market approach)
	U.S. GSE debt securities	$ 0	$29,138,914	$29,138,914
	U.S. Government securities	6,049,688	0	6,049,688

	31-Dec-12
	Assets: (market approach)
	U.S. GSE debt securities	$0	$33,785,469	$33,785,469
	U.S. Government securities	7,100,590	0	7,100,590

	There were no transfers between Levels 1 and 2 during the periods presented. There were no Level 3 financial instruments as of the balance sheet dates presented.

	Assets Recorded at Fair Value on a Non-Recurring Basis

	The following table includes assets measured at fair value on a nonrecurring basis that have had a fair value adjustment since their initial recognition. Impaired loans measured at fair value only include impaired loans with a related specific allowance for loan losses and are presented net of specific allowances as disclosed in Note 3.

	Assets measured at fair value on a nonrecurring basis and reflected in the balance sheet at the dates presented, segregated by fair value hierarchy, are summarized below:

	31-Dec-13	Level 2
	Assets: (market approach)
	Residential mortgage servicing rights	$1,329,079
	Impaired loans, net of related allowance	978,892
	OREO	1,105,525

31-Dec-12
Assets: (market approach)
Residential mortgage servicing rights	$1,009,623
Impaired loans, net of related allowance	737,274
OREO	1,074,705

There were no Level 1 or Level 3 financial instruments measured on a non-recurring basis as of the balance sheet dates presented.

The carrying amounts and estimated fair values of the Company's financial instruments were as follows:

31-Dec-13		Fair	Fair	Fair	Fair
	Carrying	Value	Value	Value	Value
	Amount	Level 1	Level 2	Level 3	Total
	(Dollars in Thousands)
Financial assets:
Cash and cash equivalents	$ 18,330	$18,330	$ 0	$ 0	$ 18,330
Securities held-to-maturity	37,937	0	38,370	0	38,370
Securities available-for-sale	35,189	6,050	29,139	0	35,189
Restricted equity securities	3,633	0	3,633	0	3,633
Loans and loans held-for-sale
Commercial & industrial	55,069	0	346	56,035	56,381
Commercial real estate	154,696	0	1,239	157,843	159,082
Residential real estate - 1st lien	171,498	0	1,689	174,776	176,465
Residential real estate - Jr lien	45,292	0	483	45,785	46,268
Consumer	8,708	0	0	9,130	9,130
Mortgage servicing rights	1,329	0	1,608	0	1,608
Accrued interest receivable	1,778	0	1,778	0	1,778

Financial liabilities:
Deposits
Other deposits	463,160	0	464,220	0	464,220
Brokered deposits	18,393	0	18,401	0	18,401
Repurchase agreements	29,645	0	29,645	0	29,645
Capital lease obligations	711	0	711	0	711
Subordinated debentures	12,887	0	12,880	0	12,880
Accrued interest payable	75	0	75	0	75

31-Dec-12		Fair	Fair	Fair	Fair
	Carrying	Value	Value	Value	Value
Financial assets:	Amount	Level 1	Level 2	Level 3	Total
	(Dollars in Thousands)

Cash and cash equivalents	$ 29,882	$29,882	$ 0	$ 0	$ 29,882
Securities held-to-maturity	41,866	0	42,291	0	42,291
Securities available-for-sale	40,886	7,101	33,785	0	40,886
Restricted equity securities	4,021	0	4,021	0	4,021
Loans and loans held-for-sale
Commercial & industrial	48,819	0	435	49,441	49,876
Commercial real estate	138,166	0	1,763	139,175	140,938
Residential real estate - 1st lien	169,424	0	1,507	175,559	177,066
Residential real estate - Jr lien	46,661	0	271	47,484	47,755
Consumer	10,495	0	0	11,079	11,079
Mortgage servicing rights	1,010	0	1,010	0	1,010
Accrued interest receivable	1,751	0	1,751	0	1,751

Financial liabilities:
Deposits
Other deposits	460,939	0	463,168	0	463,168
Brokered deposits	14,558	0	14,559	0	14,559
Federal funds purchased and other borrowed funds	6,000	0	6,004	0	6,004
Repurchase agreements	34,150	0	34,150	0	34,150
Capital lease obligations	775	0	775	0	775
Subordinated debentures	12,887	0	13,158	0	13,158
Accrued interest payable	93	0	93	0	93

The estimated fair values of commitments to extend credit and letters of credit were immaterial at December 31, 2013 and 2012.

22_Condensed_Financial_Informa

22. Condensed Financial Information (Parent Company Only)	12 Months Ended
22. Condensed Financial Information (Parent Company Only)	Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]	'
Note 22. Condensed Financial Information (Parent Company Only)	'
	The following condensed financial statements are for Community Bancorp. (Parent Company Only), and should be read in conjunction with the consolidated financial statements of Community Bancorp. and Subsidiary.

	Community Bancorp. (Parent Company Only)
	Condensed Balance Sheets
	December 31, 2013 and 2012

	Assets		2013	2012

	Cash		$ 410,075	$ 236,514
	Investment in subsidiary - Community National Bank		58,490,098	55,650,407
	Investment in Capital Trust		387,000	387,000
	Income taxes receivable		235,559	436,944
	Total assets		$59,522,732	$56,710,865

	Liabilities and Shareholders' Equity
	Liabilities
	Junior subordinated debentures		$12,887,000	$12,887,000
	Dividends payable		499,755	471,290
	Total liabilities		13,386,755	13,358,290

	Shareholders' Equity
	Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding
	at December 31, 2013 and 2012 ($100,000 liquidation value)		2,500,000	2,500,000
	Common stock - $2.50 par value; 10,000,000 shares authorized at December 31,
	2013 and 2012, and 5,078,707 and 5,023,026 shares issued at December 31,
	2013 and 2012, respectively (including 13,448 and 19,182 shares issued
	February 1, 2014 and 2013, respectively)		12,696,768	12,557,565
	Additional paid-in capital		28,612,308	28,047,829
	Retained earnings		4,997,144	2,698,200
	Accumulated other comprehensive (loss) income		-47,466	171,758
	Less: treasury stock, at cost; 210,101 shares at December 31, 2013 and 2012		-2,622,777	-2,622,777
	Total shareholders' equity		46,135,977	43,352,575

	Total liabilities and shareholders' equity		$59,522,732	$56,710,865


	The investment in the subsidiary bank is carried under the equity method of accounting. The investment and cash, which is on deposit with the Bank, have been eliminated in consolidation.

	Community Bancorp. (Parent Company Only)
	Condensed Statements of Income
	Years Ended December 31, 2013 and 2012

		2013	2012
	Income
	Bank subsidiary distributions	$2,485,000	$2,863,000
	Dividends on Capital Trust	12,310	29,257
	Total income	2,497,310	2,892,257

	Expense
	Interest on junior subordinated debentures	409,938	974,257
	Administrative and other	295,191	340,129
	Total expense	705,129	1,314,386

	Income before applicable income tax benefit and equity in
	undistributed net income of subsidiary	1,792,181	1,577,871
	Income tax benefit	235,559	436,944

	Income before equity in undistributed net income of subsidiary	2,027,740	2,014,815
	Equity in undistributed net income of subsidiary	3,058,915	2,385,875
	Net income	$5,086,655	$4,400,690

	Community Bancorp. (Parent Company Only)
	Condensed Statements of Cash Flows
Years Ended December 31, 2013 and 2012

	2013	2012
Cash Flows from Operating Activities
Net income	$ 5,086,655	$ 4,400,690
Adjustments to reconcile net income to net cash provided by
operating activities
Equity in undistributed net income of subsidiary	-3,058,915	-2,385,875
Decrease (increase) in income taxes receivable	201,385	-20,162
Net cash provided by operating activities	2,229,125	1,994,653


Cash Flows from Financing Activities
Dividends paid on preferred stock	-81,250	-187,500
Dividends paid on common stock	-1,974,314	-1,767,584
Net cash used in financing activities	-2,055,564	-1,955,084
Net increase in cash	173,561	39,569

Cash
Beginning	236,514	196,945
Ending	$ 410,075	$ 236,514

Cash Received for Income Taxes	$ 436,944	$ 416,781

Cash Paid for Interest	$ 409,938	$ 974,257

Common Shares Dividends paid:
Dividends declared	$ 2,706,461	$ 2,666,741
Increase in dividends payable attributable to dividends declared	-28,465	-49,467
Dividends reinvested	-703,682	-849,690
	$ 1,974,314	$ 1,767,584

23_Quarterly_Financial_Data_Un

23. Quarterly Financial Data (Unaudited)	12 Months Ended
23. Quarterly Financial Data (Unaudited)	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
Note 23. Quarterly Financial Data (Unaudited)	'
	A summary of financial data for the four quarters of 2013 and 2012 is presented below:

		Quarters in 2013 ended
		March 31,	June 30,	Sept. 30,	Dec. 31,

	Interest income	$5,562,049	$5,804,849	$5,607,136	$5,665,748
	Interest expense	934,797	892,403	819,426	795,508
	Provision for loan losses	206,250	120,000	137,500	206,250
	Non-interest income	1,368,192	1,520,858	1,540,425	1,553,093
	Non-interest expense	4,589,290	4,818,263	4,471,596	4,413,325
	Net income	1,041,778	1,238,344	1,354,933	1,451,600
	Earnings per common share	0.21	0.25	0.28	0.29

		Quarters in 2012 ended
		March 31,	June 30,	Sept. 30,	Dec. 31,

	Interest income	$5,589,896	$5,632,862	$5,782,081	$5,816,492
	Interest expense	1,270,927	1,239,156	1,238,391	1,133,845
	Provision for loan losses	250,003	249,999	249,999	249,999
	Non-interest income	1,354,977	1,533,032	1,530,217	1,770,734
	Non-interest expense	4,549,932	4,718,213	4,553,023	5,045,602
	Net income	964,849	1,021,192	1,267,351	1,147,298
	Earnings per common share	0.19	0.2	0.26	0.23

24_Other_Income_and_Other_Expe

24. Other Income and Other Expenses	12 Months Ended
24. Other Income and Other Expenses	Dec. 31, 2013
Other Income and Expenses [Abstract]	'
Note 24. Other Income and Other Expenses	'
	The components of other income and other expenses which are in excess of one percent of total revenues in either of the two years disclosed are as follows:

		2013	2012
	Income
	Income from investment in CFSG Partners	$287,252	$ 149,715

	Expenses
	Marketing	$321,586	$ 284,641
	State deposit tax	532,592	516,348
	Amortization of tax credit investments	473,842	1,175,177
	ATM fees	401,147	363,478
	Telephone	358,801	338,239

25_Subsequent_Event

25. Subsequent Event	12 Months Ended
25. Subsequent Event	Dec. 31, 2013
Subsequent Events [Abstract]	'
Note 25. Subsequent Event	'
	Declaration of Cash Dividend

	On December 11, 2013, the Company declared a cash dividend of $0.14 per share payable February 1, 2014 to shareholders of record as of January 15, 2014. On March 11, 2014, the Company declared a cash dividend of $0.16 per share payable May 1, 2014 to shareholders of record as of April 15, 2014. These dividends have been recorded as of each declaration date, including shares issuable under the DRIP plan.

	For purposes of accrual or disclosure in these financial statements, the Company has evaluated subsequent events through the date of issuance of these financial statements.

1_Significant_Accounting_Polic1

1. Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Basis of Presentation and Consolidation	'
	The consolidated financial statements include the accounts of Community Bancorp. and its wholly-owned subsidiary, Community National Bank ("Bank"). All significant intercompany accounts and transactions have been eliminated. The Company is considered a “smaller reporting company” under applicable disclosure rules of the Securities and Exchange Commission and accordingly, has elected to provide its audited statements of income, comprehensive income, cash flows and changes in shareholders’ equity for a two year, rather than a three year, period.

	Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 810, “Consolidation”, in part, addresses limited purpose trusts formed to issue trust preferred securities. It also establishes the criteria used to identify variable interest entities (“VIE”) and to determine whether or not to consolidate a VIE. In general, ASC Topic 810 provides that the enterprise with the controlling financial interest, known as the primary beneficiary, consolidates the VIE. In 2007, the Company formed CMTV Statutory Trust I for the purposes of issuing trust preferred securities to unaffiliated parties and investing the proceeds from the issuance thereof and the common securities of the trust in junior subordinated debentures issued by the Company. The Company is not the primary beneficiary of CMTV Statutory Trust I; accordingly, the trust is not consolidated with the Company for financial reporting purposes. CMTV Statutory Trust I is considered an affiliate of the Company (see Note 10).

	In December 2011, the Company formed a limited liability company (“LLC”) to facilitate its purchase of federal New Markets Tax Credits (“NMTC”) under an investment structure designed by a local community development entity. Management has evaluated the Company’s interest in the LLC under the ASC guidance relating to VIEs in light of the overall structure and purpose of the NMTC financing transaction and has concluded that the LLC should not be consolidated in the Company’s financial statements for financial reporting purposes, as the Company is not the primary beneficiary of the NMTC structure, does not exercise control within the overall structure and is not obligated to absorb a majority of any losses of the NMTC structure (see Note 7).
Nature of operations	'
	The Company provides a variety of deposit and lending services to individuals, municipalities, and business customers through its branches, ATMs and telephone and internet banking capabilities in northern and central Vermont, which is primarily a small business and agricultural area. The Company's primary deposit products are checking and savings accounts and certificates of deposit. Its primary lending products are commercial, real estate, municipal and consumer loans.
Concentration of risk	'
	The Company's operations are affected by various risk factors, including interest rate risk, credit risk, and risk from geographic concentration of its deposit taking and lending activities. Management attempts to manage interest rate risk through various asset/liability management techniques designed to match maturities and repricing of assets and liabilities. Loan policies and administration are designed to provide assurance that loans will only be granted to creditworthy borrowers, although credit losses are expected to occur because of subjective factors and factors beyond the control of the Company. While the Company has a diversified loan portfolio by loan type, most of its lending activities are conducted within the geographic area where its banking offices are located. As a result, the Company and its borrowers may be especially vulnerable to the consequences of changes in the local economy in northern and central Vermont. In addition, a substantial portion of the Company's loans are secured by real estate, which is susceptible to a decline in value, especially during times of adverse economic conditions.
Use of estimates	'
	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions involve inherent uncertainties. Accordingly, actual results could differ from those estimates and those differences could be material.

	Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of OREO. In connection with evaluating loans for impairment or assigning the carrying value of OREO, management generally obtains independent evaluations or appraisals for significant properties. While the allowances for loan losses and OREO represent management's best estimate of probable loan and OREO losses as of the balance sheet date, the ultimate collectibility of a substantial portion of the Company's loan portfolio and the recovery of a substantial portion of the fair value of OREO are susceptible to uncertainties and changes in a number of factors, especially local real estate market conditions. The amount of the change that is reasonably possible cannot be estimated.

	While management uses available information to recognize losses on loans and OREO, future additions to the allowances may be necessary based on changes in local economic conditions or other relevant factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company's allowances for losses on loans and OREO. Such agencies may require the Company to recognize additions to the allowances based on their judgment about information available to them at the time of their examination.

	Mortgage servicing rights associated with loans originated and sold in the secondary market, where servicing is retained, are capitalized and included in other assets in the consolidated balance sheets. Mortgage servicing rights are amortized against non-interest income in proportion to, and over the period of, estimated future net servicing income of the underlying loans. The value of capitalized servicing rights represents the present estimated value of the future servicing fees arising from the right to service loans for third parties. The carrying value of the mortgage servicing rights is periodically reviewed for impairment based on a determination of estimated fair value as compared to amortized cost, and impairment, if any, is recognized through a valuation allowance and is recorded as a write down. Critical accounting policies for mortgage servicing rights relate to the initial valuation and subsequent impairment tests. The methodology used to determine the valuation of mortgage servicing rights requires the development and use of a number of estimates, including anticipated principal amortization and prepayments. Events that may significantly affect the estimates used are changes in interest rates and the payment performance of the underlying loans. Management uses a third party consultant to assist in analyzing the fair value of the Company’s mortgage servicing rights.

	Management evaluates securities for other-than-temporary impairment on at least a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to various factors, including the length of time and the extent to which the fair value has been less than cost; the nature of the issuer and its financial condition and near-term prospects; and the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The evaluation of these factors is a subjective process and involves estimates and assumptions about matters that are inherently uncertain. Should actual factors and conditions differ materially from those used by management, the actual realization of gains or losses on investment securities could differ materially from the amounts recorded in the financial statements.

	Management utilizes numerous techniques to estimate the carrying value of various other assets held by the Company, including, but not limited to, bank premises and equipment and deferred taxes. The assumptions considered in making these estimates are based on historical experience and on various other factors that are believed by management to be reasonable under the circumstances. Management acknowledges that the use of different estimates or assumptions could produce different estimates of carrying values.

	Accounting for a business combination that was completed prior to 2009 requires the application of the purchase method of accounting. Under the purchase method, the Company was required to record the assets and liabilities acquired through the LyndonBank merger in 2007 at fair market value, with the excess of the purchase price over the fair market value of the net assets recorded as goodwill and evaluated annually for impairment. The determination of the fair value of the acquired LyndonBank assets and liabilities requires the use of numerous assumptions, including discount rates, changes in which could significantly affect fair values.
Presentation of cash flows	'
	For purposes of presentation in the consolidated statements of cash flows, cash and cash equivalents includes cash on hand, amounts due from banks (including cash items in process of clearing), federal funds sold (generally purchased and sold for one day periods) and overnight deposits.
Investment securities	'
	Securities the Company has the positive intent and ability to hold to maturity are classified as held-to-maturity and reported at amortized cost. Debt and equity securities not classified as held-to-maturity are classified as available-for-sale. Investments classified as available-for-sale are carried at fair value, with unrealized gains and losses, net of tax and reclassification adjustments, reflected as a net amount in the shareholders’ equity section of the consolidated balance sheets and in the statements of changes in shareholders’ equity. Investment securities transactions are accounted for on a trade date basis. The specific identification method is used to determine realized gains and losses on sales of securities available-for-sale. Premiums and discounts are recognized in interest income using the interest method over the period to maturity or call date. The Company does not hold any securities purchased for the purpose of selling in the near term and classified as trading.

	Declines in the fair value of individual equity securities that are deemed to be other than temporary are reflected in earnings when identified. For individual debt securities where the Company does not intend to sell the security and it is not more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis, the other-than-temporary decline in the fair value of the debt security related to (1) credit loss is recognized in earnings and (2) other factors is recognized in other comprehensive income or loss. Credit loss is deemed to exist if the present value of expected future cash flows using the interest rates at acquisition is less than the amortized cost basis of the debt security. For individual debt securities where the Company intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost, the other-than-temporary impairment is recognized in earnings equal to the entire difference between the security’s cost basis and its fair value at the balance sheet date.
Other investments	'
	In December 2011, the Company made an equity investment in a NMTC financing structure, as discussed further in Note 7 of this report. The Company’s investment in the NMTC is amortized using the effective yield method.

	From time to time the Company acquires partnership interests in limited partnerships for low income housing projects. The investments in limited partnerships are amortized using the effective yield method.

	The Company has a one-third ownership interest in Community Financial Services Group, LLC (“CFSG”), a non-depository trust company, as discussed further in Note 7 of this report. The Company's investment in CFSG is accounted for under the equity method of accounting.
Restricted equity securities	'
	Restricted equity securities are comprised of Federal Reserve Bank stock and Federal Home Loan Bank stock. These securities are carried at cost. As a member of the Federal Reserve Bank of Boston (“FRBB”), the Company is required to invest in FRBB stock in an amount equal to 6% of the Bank's capital stock and surplus.

	As a member of the Federal Home Loan Bank of Boston (“FHLBB”), the Company is required to invest in $100 par value stock of the FHLBB in an amount that approximates 1% of unpaid principal balances on qualifying loans, plus an additional amount to satisfy an activity based requirement. The stock is nonmarketable and redeemable at par value, subject to the FHLBB’s right to temporarily suspend such redemptions. Members are subject to capital calls in some circumstances to ensure compliance with the FHLBB’s capital plan.
Loans held-for-sale	'
	Loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income.
Loans	'
	Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at their outstanding principal balance, adjusted for any charge-offs, the allowance for loan losses, loan premiums or discounts for acquired loans and any unearned fees or costs on originated loans.

	Loan interest income is accrued daily on the outstanding balances. For all loan segments, the accrual of interest is discontinued when a loan is specifically determined to be impaired or when the loan is delinquent 90 days and management believes, after considering collection efforts and other factors, that the borrower's financial condition is such that collection of interest is doubtful. Any unpaid interest previously accrued on those loans is reversed from income. Interest income is generally not recognized on specific impaired loans unless the likelihood of further loss is considered by management to be remote. Interest payments received on impaired loans are generally applied as a reduction of the loan principal balance. Loans are returned to accrual status when principal and interest payments are brought current and the customer has demonstrated the intent and ability to make future payments on a timely basis. Loans are written down or charged off when collection of principal is considered doubtful. Past due status is determined on a contractual basis.

	Loan origination and commitment fees and certain direct loan origination costs are deferred and the net amount amortized as an adjustment of the related loan's yield. The Company generally amortizes these amounts over the contractual life of the loans.

	Loan premiums and discounts on loans acquired in the merger with LyndonBank are amortized as an adjustment to yield over the life of the loans.

	Allowance for loan losses

	The allowance for loan losses is established through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is probable. Subsequent recoveries, if any, are credited to the allowance.

	Unsecured loans, primarily consumer loans, are charged off when they become uncollectible and no later than 120 days past due. Unsecured loans to customers who subsequently file bankruptcy are charged off within 30 days of receipt of the notification of filing or by the end of the month in which the loans become 120 days past due, whichever occurs first. For secured loans, both residential and commercial, the potential loss on impaired loans is carried as a loan loss reserve specific allocation; the loss portion is charged off when collection of the full loan appears unlikely. The unsecured portion of a real estate loan is that portion of the loan exceeding the "fair value" of the collateral less the estimated cost to sell. Value of the collateral is determined in accordance with the Company’s appraisal policy. The unsecured portion of an impaired real estate secured loan is charged off by the end of the month in which the loan becomes 180 days past due.

	As described below, the allowance consists of general, specific and unallocated components. However, the entire allowance is available to absorb losses in the loan portfolio, regardless of specific, general and unallocated components considered in determining the amount of the allowance.

	General component

	The general component of the allowance for loan losses is based on historical loss experience, adjusted for qualitative factors and stratified by the following loan segments: commercial and industrial, commercial real estate, residential real estate first (“1^st”) lien, residential real estate junior (“Jr”) lien and consumer loans. The Company does not disaggregate its portfolio segments further into classes. Loss ratios are calculated by loan segment for one year, two year and five year look back periods. The highest loss ratio among these look-back periods is then applied against the respective segment. Management uses an average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels of and trends in delinquencies and non-performing loans, levels of and trends in loan risk groups, trends in volumes and terms of loans, effects of any changes in loan related policies, experience, ability and the depth of management, documentation and credit data exception levels, national and local economic trends, external factors such as competition and regulation and lastly, concentrations of credit risk in a variety of areas, including portfolio product mix, the level of loans to individual borrowers and their related interests, loans to industry segments, and the geographic distribution of commercial real estate loans. This evaluation is inherently subjective as it requires estimates that are susceptible to revision as more information becomes available.

	The qualitative factors are determined based on the various risk characteristics of each loan segment. The Company has policies, procedures and internal controls that management believes are commensurate with the risk profile of each of these segments. Major risk characteristics relevant to each portfolio segment are as follows:

	Commercial & Industrial – Loans in this segment include commercial and industrial loans and to a lesser extent loans to finance agricultural production. Commercial loans are made to businesses and are generally secured by assets of the business, including trade assets and equipment. While not the primary collateral, in many cases these loans may also be secured by the real estate of the business. Repayment is expected from the cash flows of the business. A weakened economy, soft consumer spending, unfavorable foreign trade conditions and the rising cost of labor or raw materials are examples of issues that can impact the credit quality in this segment.

	Commercial Real Estate – Loans in this segment are principally made to businesses and are generally secured by either owner-occupied, or non-owner occupied commercial real estate. A relatively small portion of this segment includes farm loans secured by farm land and buildings. As with commercial and industrial loans, repayment of owner-occupied commercial real estate loans is expected from the cash flows of the business and the segment would be impacted by the same risk factors as commercial and industrial loans. The non-owner occupied commercial real estate portion includes both residential and commercial construction loans, vacant land and real estate development loans, multi-family dwelling loans and commercial rental property loans. Repayment of construction loans is expected from permanent financing takeout; the Company generally requires a commitment or eligibility for the take-out financing prior to construction loan origination. Real estate development loans are generally repaid from the sale of the subject real property as the project progresses. Construction and development lending entail additional risks, including the project exceeding budget, not being constructed according to plans, not receiving permits, or the pre-leasing or occupancy rate not meeting expectations. Repayment of multi-family loans and commercial rental property loans is expected from the cash flow generated by rental payments received from the individuals or businesses occupying the real estate. Commercial real estate loans are impacted by factors such as competitive market forces, vacancy rates, cap rates, net operating incomes, lease renewals and overall economic demand. In addition, loans in the recreational and tourism sector can be affected by weather conditions, such as unseasonably low winter snowfalls. Commercial real estate lending also carries a higher degree of environmental risk than other real estate lending.

	Residential Real Estate - 1^st Lien – All loans in this segment are collateralized by first mortgages on 1 – 4 family owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, has an impact on the credit quality of this segment.

	Residential Real Estate – Jr Lien – All loans in this segment are collateralized by junior lien mortgages on 1 – 4 family residential real estate and repayment is primarily dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, has an impact on the credit quality of this segment.

	Consumer – Loans in this segment are made to individuals for consumer and household purposes. This segment includes both loans secured by automobiles and other consumer goods, as well as loans that are unsecured. This segment also includes overdrafts, which are extensions of credit made to both individuals and businesses to cover temporary shortages in their deposit accounts and are generally unsecured. The Company maintains policies restricting the size and term of these extensions of credit. The overall health of the economy, including unemployment rates, has an impact on the credit quality of this segment.

	Specific component

	The specific component of the allowance for loan losses relates to loans that are impaired. Impaired loans are loan(s) to a borrower that in the aggregate are greater than $100,000 and that are in non-accrual status or are troubled debt restructurings (“TDR”) regardless of amount. A specific allowance is established for an impaired loan when its estimated impaired basis is less than the carrying value of the loan. For all loan segments, except consumer loans, a loan is considered impaired when, based on current information and events, in management’s estimation it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant or temporary payment delays and payment shortfalls generally are not classified as impaired. Management evaluates the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length and frequency of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis, by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent.

	Impaired loans also include troubled loans that are restructured. A TDR occurs when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that would otherwise not be granted. TDRs may include the transfer of assets to the Company in partial satisfaction of a troubled loan, a modification of a loan’s terms, or a combination of the two.

	Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment evaluation, unless such loans are subject to a restructuring agreement.

	Unallocated component

	An unallocated component of the allowance for loan losses is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component reflects management’s estimate of the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio.
Bank premises and equipment	'
	Bank premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed principally by the straight-line method over the estimated useful lives of the assets. The cost of assets sold or otherwise disposed of, and the related accumulated depreciation, are eliminated from the accounts and the resulting gains or losses are reflected in the consolidated statements of income. Maintenance and repairs are charged to current expense as incurred and the cost of major renewals and betterments is capitalized.
Other real estate owned	'
	Real estate properties acquired through or in lieu of loan foreclosure or properties no longer used for bank operations are initially recorded at fair value less estimated selling cost at the date of acquisition, foreclosure or transfer. Such properties are carried at fair value, which is the market value less estimated cost of disposition, i.e. sales commissions and costs associated with the sale. Fair value is determined, as appropriate, either by obtaining a current appraisal or evaluation prepared by an independent, qualified appraiser, by obtaining a broker’s market value analysis, and finally, if the Company has limited exposure and limited risk of loss, by the opinion of management as supported by an inspection of the property and its most recent tax valuation. Under recent and current market conditions, and periods of declining market values, the Company will generally obtain a new appraisal or evaluation. Any write-down based on the asset's fair value at the date of acquisition or institution of foreclosure is charged to the allowance for loan losses. After acquisition through or in lieu of foreclosure, these assets are carried at their new cost basis. Costs of significant property improvements are capitalized, whereas costs relating to holding the property are expensed as incurred. Appraisals by an independent, qualified appraiser are performed periodically on properties that management deems significant, or evaluations may be performed by management or a qualified third party on properties in the portfolio that are deemed less significant or less vulnerable to market conditions. Subsequent write-downs are recorded as a charge to other expense. Gains or losses on the sale of such properties are included in income when the properties are sold.
Intangible assets	'
	Intangible assets include the excess of the purchase price over the fair value of net assets acquired (goodwill) in the 2007 acquisition of LyndonBank, as well as a core deposit intangible related to the deposits acquired from LyndonBank (see Note 6). The core deposit intangible is amortized on an accelerated basis over 10 years to approximate the pattern of economic benefit to the Company. The Company evaluates the valuation and amortization of the core deposit intangible asset if events occur that could result in possible impairment. Goodwill is reviewed for impairment annually, or more frequently as events or circumstances warrant.
Income taxes	'
	The Company recognizes income taxes under the asset and liability method. Under this method, deferred tax assets and liabilities are established for the temporary differences between the accounting bases and the tax bases of the Company's assets and liabilities at enacted tax rates expected to be in effect when the amounts related to such temporary differences are realized or settled. Adjustments to the Company's deferred tax assets are recognized as deferred income tax expense or benefit based on management's judgments relating to the realizability of such asset.
Mortgage servicing	'
	Servicing assets are recognized as separate assets when rights are acquired through purchase or retained upon the sale of loans. Capitalized servicing rights are reported in other assets and initially recorded at fair value, and are amortized against non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Servicing rights are periodically evaluated for impairment, based upon the estimated fair value of the rights as compared to amortized cost. Impairment is determined by stratifying the rights by predominant characteristics, such as interest rates and terms. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Impairment is recognized through a valuation allowance and is recorded as amortization of other assets, to the extent that estimated fair value is less than the capitalized amount at the valuation date. Subsequent improvement, if any, in the estimated fair value of impaired mortgage servicing rights is reflected in a positive valuation adjustment and is recognized in other income up to (but not in excess of) the amount of the prior impairment.
Pension costs	'
	Pension costs are charged to salaries and employee benefits expense and accrued over the active service period.
Advertising costs	'
	The Company expenses advertising costs as incurred.
Comprehensive income	'
	Accounting principles generally require recognized revenue, expenses, gains and losses to be included in net income. Certain changes in assets and liabilities, such as the after-tax effect of unrealized gains and losses on available-for-sale securities, are not reflected in the statement of income, but the cumulative effect of such items from period-to-period is reflected as a separate component of the shareholders’ equity section of the balance sheet (accumulated other comprehensive income or loss). Other comprehensive income or loss, along with net income, comprises the Company's total comprehensive income.
Preferred stock	'
	The Company has outstanding 25 shares of fixed-to-floating rate non-cumulative perpetual preferred stock, without par value and with a liquidation preference of $100,000 per share, issued in December 2007. Under the terms of the preferred stock, the Company pays non-cumulative cash dividends quarterly, when, as and if declared by the Board of Directors. Dividends were payable at a fixed rate of 7.50% per annum for the first five years, and beginning in December 2012, are now at a variable dividend rate equal to the Wall Street Journal Prime Rate in effect on the first business day of each quarterly dividend period. The first dividend using the variable rate calculation was payable on March 31, 2013 with a variable rate of 3.25% and that rate remained unchanged throughout 2013.
Earnings per common share	'
	Earnings per common share amounts are computed based on the weighted average number of shares of common stock issued during the period, including Dividend Reinvestment Plan (“DRIP”) shares issuable upon reinvestment of dividends (retroactively adjusted for any stock dividends declared) and reduced for shares held in treasury.

	The following table illustrates the calculation for the years ended December 31, as adjusted for the cash dividend declared on the preferred stock:

	For The Years Ended December 31,	2013	2012

	Net income, as reported	$5,086,655	$4,400,690
	Less: dividends to preferred shareholders (1)	81,250	187,500
	Net income available to common shareholders	$5,005,405	$4,213,190
	Weighted average number of common shares
	used in calculating earnings per share	4,838,185	4,769,645
	Earnings per common share	$1.03	$0.88

	(1) Reflects a reduction in the dividend rate paid on the preferred stock during 2013, as noted in the section above labeled “Preferred stock”.
Off-balance-sheet financial instruments	'
	In the ordinary course of business, the Company is a party to off-balance-sheet financial instruments consisting of commitments to extend credit, commercial and municipal letters of credit, standby letters of credit, and risk-sharing commitments on residential mortgage loans sold through the FHLBB’s Mortgage Partnership Finance (“MPF”) program. Such financial instruments are recorded in the consolidated financial statements when they are funded.
Transfers of financial assets	'
	Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Reclassification	'
	Certain amounts in the 2012 financial statements have been reclassified to conform to the current year presentation.
Impact of recently issued accounting standards	'
	In December 2011, the FASB issued Accounting Standards Update (ASU) 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities,” amending Topic 210. The amendments require an entity to disclose both gross and net information about both instruments and transactions that are eligible for offset on the balance sheet and instruments and transactions that are subject to an agreement similar to a master netting arrangement. This guidance is effective for annual periods beginning on or after January 1, 2013 and interim periods within those annual periods, with retrospective disclosure for all comparative periods presented. Adoption of ASU 2011-11 did not have a material impact on the Company’s consolidated financial statements.

	In July 2012, the FASB issued ASU 2012-02, “Intangibles-Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment,” amending Topic 350. The guidance allows entities to first perform an optional qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired in order to determine whether the asset should be further evaluated under quantitative impairment testing. The guidance does not revise the requirement that indefinite-lived intangible assets be tested for impairment at least annually, or more frequently if circumstances warrant, although it does revise the examples of events and circumstances that an entity should consider during interim periods. The ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Adoption of ASU 2012-02 did not have a material impact on the Company’s consolidated financial statements.

	In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income.” This ASU improves the reporting of reclassifications out of accumulated other comprehensive income. The amendments in the ASU seek to attain that objective by requiring an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under US GAAP to be reclassified in its entirety to net income. For other amounts that are not required under US GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under US GAAP that provide additional detail about those amounts. This guidance is effective for reporting periods beginning after December 15, 2012. Adoption of ASU 2013-02 did not have a material impact on the Company’s consolidated financial statements.

	In January 2014, FASB issued ASU No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects”. The amendments in this Update permit institutions to make accounting policy elections to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the ASU requires the investment to be accounted for as an equity method investment or a cost method investment. The amendments in this Update should be applied retrospectively to all periods presented. A reporting entity that uses the effective yield method to account for its investments in qualified affordable housing projects before the date of adoption may continue to apply the effective yield method for those preexisting investments. The amendments in this ASU are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.

	In January 2014, FASB issued ASU No. 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Sub Topic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The amendments in this Update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, the amendments require disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure. The amendments in this Update are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014. Management has reviewed the ASU and does not believe that it will have a material impact on the Company's consolidated financial statements.

1_Significant_Accounting_Polic2

1. Significant Accounting Policies (Tables)	12 Months Ended
1. Significant Accounting Policies (Tables)	Dec. 31, 2013
Notes to Financial Statements	'
Schedule Of Earnings Per Share	'
	For The Years Ended December 31,	2013	2012

	Net income, as reported	$5,086,655	$4,400,690
	Less: dividends to preferred shareholders (1)	81,250	187,500
	Net income available to common shareholders	$5,005,405	$4,213,190
	Weighted average number of common shares
	used in calculating earnings per share	4,838,185	4,769,645
	Earnings per common share	$1.03	$0.88

2_Investment_Securities_Tables

2. Investment Securities (Tables)	12 Months Ended
2. Investment Securities (Tables)	Dec. 31, 2013
Investment Securities	'
Schedule Of Available For Sale Securities	'
			Gross	Gross
		Amortized	Unrealized	Unrealized	Fair
	Securities AFS	Cost	Gains	Losses	Value

	31-Dec-13
	U.S. Government sponsored enterprise (GSE) debt securities	$29,220,333	$114,102	$195,521	$29,138,914
	U.S. Government securities	6,040,188	10,955	1,455	6,049,688
		$35,260,521	$125,057	$196,976	$35,188,602

	31-Dec-12
	U.S. GSE debt securities	$33,552,376	$247,029	$ 13,936	$33,785,469
	U.S. Government securities	7,073,445	28,217	1,072	7,100,590
		$40,625,821	$275,246	$ 15,008	$40,886,059
Schedule Of Held to Maturity Securities	'
			Gross	Gross
		Amortized	Unrealized	Unrealized	Fair
	Securities HTM	Cost	Gains	Losses	Value*

	31-Dec-13
	States and political subdivisions	$37,936,911	$433,089	$ 0	$38,370,000

	31-Dec-12
	States and political subdivisions	$41,865,555	$425,445	$ 0	$42,291,000
Schedule of Maturities of Debt Securities Available for Sale	'
		Amortized	Fair
		Cost	Value

	Due in one year or less	$ 4,508,181	$ 4,510,923
	Due from one to five years	30,752,340	30,677,679
		$35,260,521	$35,188,602
Schedule Of Maturities of Debt Securities Held to Maturity	'
		Amortized	Fair
		Cost	Value*

	Due in one year or less	$27,615,731	$27,616,000
	Due from one to five years	3,939,950	4,048,000
	Due from five to ten years	2,592,045	2,700,000
	Due after ten years	3,789,185	4,006,000
		$37,936,911	$38,370,000
Schedule Of Unrealized Loss	'
		2013		2012
		Fair	Unrealized	Fair	Unrealized
		Value	Losses	Value	Losses

	U.S. GSE debt securities	$11,094,830	$194,188	$8,715,492	$13,936
	U.S. Government securities	1,034,336	1,455	1,052,639	1,072
		$12,129,166	$195,643	$9,768,131	$15,008

3_Loans_Allowance_for_Loan_Los1

3. Loans, Allowance for Loan Losses and Credit Quality (Tables)	12 Months Ended
	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]	'
Composition of net loans	'
		2013	2012

	Commercial & industrial	$ 55,619,285	$ 49,283,948
	Commercial real estate	156,935,803	139,807,517
	Residential real estate - 1st lien	172,847,074	169,612,809
	Residential real estate - Jr lien	45,687,405	47,029,023
	Consumer	8,819,359	10,642,151
		439,908,926	416,375,448
	Deduct (add):
	Allowance for loan losses	4,854,915	4,312,080
	Deferred net loan costs	-300,429	-169,501
		4,554,486	4,142,579
	Net Loans	$435,354,440	$412,232,869
Past due loans by segment	'

			90 Days	Total			Non-Accrual	90 Days or More
	31-Dec-13	30-89 Days	or More	Past Due	Current	Total Loans	Loans	and Accruing

	Commercial & industrial	$1,060,971	$ 310,669	$ 1,371,640	$ 54,247,645	$ 55,619,285	$ 527,105	$ 21,902
	Commercial real estate	713,160	215,507	928,667	156,007,136	156,935,803	1,403,541	5,313
	Residential real estate - 1st lien	5,184,457	1,655,950	6,840,407	166,006,667	172,847,074	2,203,106	817,109
	Residential real estate - Jr lien	533,134	289,169	822,303	44,865,102	45,687,405	593,125	56,040
	Consumer	136,922	7,784	144,706	8,674,653	8,819,359	0	7,784
	Total	$7,628,644	$2,479,079	$10,107,723	$429,801,203	$439,908,926	$4,726,877	$908,148

			90 Days	Total			Non-Accrual	90 Days or More
	31-Dec-12	30-89 Days	or More	Past Due	Current	Total Loans	Loans	and Accruing

	Commercial & industrial	$ 782,937	$ 377,145	$1,160,082	$ 48,123,866	$ 49,283,948	$ 596,777	$ 0
	Commercial real estate	785,890	888,179	1,674,069	138,133,448	139,807,517	1,892,195	53,937
	Residential real estate - 1st lien	4,654,077	844,803	5,498,880	164,113,929	169,612,809	1,928,097	281,845
	Residential real estate - Jr lien	379,363	57,128	436,491	46,592,532	47,029,023	338,383	41,434
	Consumer	132,624	844	133,468	10,508,683	10,642,151	0	844
	Total	$6,734,891	$2,168,099	$8,902,990	$407,472,458	$416,375,448	$4,755,452	$378,060
Changes in the allowance for loan losses	'

	For the year ended December 31, 2013
				Residential	Residential
		Commercial	Commercial	Real Estate	Real Estate
		& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Unallocated	Total
	Allowance for loan losses
	Beginning balance	$ 428,381	$ 1,536,440	$ 1,563,576	$ 332,556	$ 138,699	$312,428	$ 4,312,080
	Charge-offs	-83,344	-124,849	-56,430	-56,797	-67,009	0	-388,429
	Recoveries	2,953	185,791	15,819	21,277	35,424	0	261,264
	Provision (credit)	168,392	546,016	-70,781	69,435	-1,835	-41,227	670,000
	Ending balance	$ 516,382	$ 2,143,398	$ 1,452,184	$ 366,471	$ 105,279	$271,201	$ 4,854,915

	Allowance for loan losses
	Evaluated for impairment
	Individually	$ 27,500	$ 147,700	$99,700	$ 76,500	$ 0	$ 0	$ 351,400
	Collectively	488,882	1,995,698	1,352,484	289,971	105,279	271,201	4,503,515
	Total	$ 516,382	$ 2,143,398	$ 1,452,184	$ 366,471	$ 105,279	$271,201	$ 4,854,915

	Loans evaluated for impairment
	Individually	$ 373,696	$ 1,386,477	$ 1,788,793	$ 559,250	$ 0		$ 4,108,216
	Collectively	55,245,589	155,549,326	171,058,281	45,128,155	8,819,359		435,800,710
	Total	$55,619,285	$156,935,803	$172,847,074	$45,687,405	$8,819,359		$439,908,926

	For the year ended December 31, 2012
				Residential	Residential
		Commercial	Commercial	Real Estate	Real Estate
		& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Unallocated	Total
	Allowance for loan losses
	Beginning balance	$ 342,314	$ 1,385,939	$ 1,578,493	$ 331,684	$ 124,779	$123,293	$ 3,886,502
	Charge-offs	-159,309	-57,923	-246,237	-135,622	-96,491	0	-695,582
	Recoveries	29,769	51,863	5,538	1,538	32,452	0	121,160
	Provision	215,607	156,561	225,782	134,956	77,959	189,135	1,000,000
	Ending balance	$ 428,381	$ 1,536,440	$ 1,563,576	$ 332,556	$ 138,699	$312,428	$ 4,312,080

	Allowance for loan losses
	Evaluated for impairment
	Individually	$ 0	$ 0	$ 134,800	$ 39,200	$ 0	$ 0	$ 174,000
	Collectively	428,381	1,536,440	1,428,776	293,356	138,699	312,428	4,138,080
	Total	$ 428,381	$ 1,536,440	$ 1,563,576	$ 332,556	$ 138,699	$312,428	$ 4,312,080

	Loans evaluated for impairment
	Individually	$ 435,165	$ 1,762,615	$ 1,641,960	$ 309,606	$ 0		$ 4,149,346
	Collectively	48,848,783	138,044,902	167,970,849	46,719,417	10,642,151		412,226,102
	Total	$49,283,948	$139,807,517	$169,612,809	$47,029,023	$10,642,151		$416,375,448
Impaired loans by segment	'
		As of December 31, 2013			2013
			Unpaid		Average
		Recorded	Principal	Related	Recorded
		Investment	Balance	Allowance	Investment

	With no related allowance recorded
	Commercial & industrial	$ 314,510	$ 363,618	$ 0	$ 339,519
	Commercial real estate	944,845	1,021,143	0	1,325,504
	Residential real estate - 1st lien	1,354,432	1,654,023	0	1,088,631
	Residential real estate - Jr lien	164,137	228,134	0	64,606

	With an allowance recorded
	Commercial & industrial	59,186	59,186	27,500	11,837
	Commercial real estate	441,632	446,963	147,700	272,174
	Residential real estate - 1st lien	434,361	474,496	99,700	515,685
	Residential real estate - Jr lien	395,113	429,167	76,500	380,855

	Total
	Commercial & industrial	$ 373,696	$ 422,804	$ 27,500	$ 351,356
	Commercial real estate	$1,386,477	$1,468,106	$147,700	$1,597,678
	Residential real estate - 1st lien	$1,788,793	$2,128,519	$ 99,700	$1,604,316
	Residential real estate - Jr lien	$ 559,250	$ 657,301	$ 76,500	$ 445,461

	Total	$4,108,216	$4,676,730	$351,400	$3,998,811

		As of December 31, 2012			2012
			Unpaid		Average
		Recorded	Principal	Related	Recorded
		Investment	Balance	Allowance	Investment

	With no related allowance recorded
	Commercial & industrial	$ 435,165	$ 473,664	$ 0	$ 536,973
	Commercial real estate	1,762,615	2,123,371	0	2,019,449
	Residential real estate - 1st lien	1,024,598	1,250,224	0	893,629
	Residential real estate - Jr lien	15,694	76,680	0	34,602

	With an allowance recorded
	Commercial & industrial	0	0	0	232,743
	Commercial real estate	0	0	0	920,842
	Residential real estate - 1st lien	617,362	669,288	134,800	892,339
	Residential real estate - Jr lien	293,912	319,020	39,200	295,372

	Total
	Commercial & industrial	$ 435,165	$ 473,664	$ 0	$ 769,716
	Commercial real estate	$1,762,615	$2,123,371	$ 0	$2,940,291
	Residential real estate - 1st lien	$1,641,960	$1,919,512	$134,800	$1,785,968
	Residential real estate - Jr lien	$ 309,606	$ 395,700	$ 39,200	$ 329,974

	Total	$4,149,346	$4,912,247	$174,000	$5,825,949
Risk ratings	'

	As of December 31, 2013
				Residential	Residential
		Commercial	Commercial	Real Estate	Real Estate
		& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Total

	Group A	$51,740,744	$148,516,895	$169,771,357	$44,739,736	$8,800,365	$423,569,097
	Group B	2,824,169	3,292,200	160,468	460,844	0	6,737,681
	Group C	1,054,372	5,126,708	2,915,249	486,825	18,994	9,602,148
	Total	$55,619,285	$156,935,803	$172,847,074	$45,687,405	$8,819,359	$439,908,926

	As of December 31, 2012
				Residential	Residential
		Commercial	Commercial	Real Estate	Real Estate
		& Industrial	Real Estate	1st Lien	Jr Lien	Consumer	Total

	Group A	$47,689,238	$131,643,756	$166,374,493	$46,162,420	$10,632,404	$402,502,311
	Group B	593,838	4,139,367	404,752	318,248	0	5,456,205
	Group C	1,000,872	4,024,394	2,833,564	548,355	9,747	8,416,932
	Total	$49,283,948	$139,807,517	$169,612,809	$47,029,023	$10,642,151	$416,375,448
Loans modified as TDRs	'
	TDRs by segment for the periods presented were as follows:

	For the year ended December 31, 2013
			Pre-	Post-
			Modification	Modification
			Outstanding	Outstanding
		Number of	Recorded	Recorded
		Contracts	Investment	Investment

	Residential real estate - 1st lien	4	$ 321,406	$ 330,266
	Residential real estate - Jr lien	1	23,425	23,425
	Total	5	$ 344,831	$ 353,691

	For the year ended December 31, 2012
			Pre-	Post-
			Modification	Modification
			Outstanding	Outstanding
		Number of	Recorded	Recorded
		Contracts	Investment	Investment

	Commercial real estate	2	$1,030,645	$1,030,645
	Residential real estate - 1st lien	3	200,241	205,588
	Total	5	$1,230,886	$1,236,233

TDRs payment default	'
	There were no TDRs for which there was a payment default under the restructured terms during the twelve month period ended December 31, 2012. The TDRs for which there was a payment default during the twelve month period ended December 31, 2013 were as follows:

		Number of	Recorded
		Contracts	Investment

	Residential real estate - 1st lien	2	$213,342

4_Loan_Servicing_Tables

4. Loan Servicing (Tables)	12 Months Ended
4. Loan Servicing (Tables)	Dec. 31, 2013
Transfers and Servicing of Financial Assets [Abstract]	'
Schedule Of Mortgage Servicing Rights	'
		2013	2012

	Balance at beginning of year	$1,009,623	$1,097,442
	Mortgage servicing rights capitalized	274,253	406,807
	Mortgage servicing rights amortized	-317,865	-409,584
	Change in valuation allowance	363,068	-85,042
	Balance at end of year	$1,329,079	$1,009,623

5_Bank_Premises_and_Equipment_

5. Bank Premises and Equipment (Tables)	12 Months Ended
5. Bank Premises and Equipment (Tables)	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
Major classes of bank premises and equipment	'
		2013	2012

	Buildings and improvements	$10,896,563	$10,762,761
	Land and land improvements	2,408,921	2,403,921
	Furniture and equipment	7,797,907	7,340,676
	Leasehold improvements	1,316,386	1,302,395
	Capital leases	976,907	976,907
	Other prepaid assets	28,661	175,507
		23,425,345	22,962,167
	Less accumulated depreciation and amortization	-11,701,877	-10,718,847
		$11,723,468	$12,243,320
Minimum future rental payments	'
	2014	$153,900
	2015	129,845
	2016	61,817
	2017	6,817
	2018	6,817
		$359,196
Future Minimum Lease Payments for Capital Leases	'
	2014	$126,255
	2015	129,755
	2016	129,755
	2017	133,255
	2018	138,155
	Subsequent to 2018	282,501
	Total minimum lease payments	939,676
	Less amount representing interest	-228,634
	Present value of net minimum lease payments	$711,042

6_Goodwill_and_Other_Intangibl1

6. Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Future Amortization Expense	'
	2014	$ 272,695
	2015	272,695
	2016	272,695
	2017	272,696
	Total remaining core deposit intangible expense	$1,090,781

8_Time_Deposits_Tables

8. Time Deposits (Tables)	12 Months Ended
	Dec. 31, 2013
Maturities of Time Deposits [Abstract]	'
Maturity distribution of time deposits	'
	2014	$ 72,000,665
	2015	22,543,863
	2016	13,038,884
	2017	9,516,281
	2018	3,851,846
	Total time deposits	$120,951,539

9_Borrowed_Funds_Tables

9. Borrowed Funds (Tables)	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
FHLBB term borrowing	'
		2013	2012
	Long-Term Borrowings
	FHLBB term borrowing, 1.71% fixed rate, due January 28, 2013	$ 0	$6,000,000

12_Income_Taxes_Tables

12. Income Taxes (Tables)	12 Months Ended
12. Income Taxes (Tables)	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit)	'
		2013	2012

	Currently paid or payable	$1,533,835	$ 92,482
	Deferred benefit	-402,748	-231,970
	Total income tax expense (benefit)	$1,131,087	($139,488)
Schedule of Effective Income Tax Rate Reconciliation	'
		2013	2012

	Computed expense at statutory rates	$2,079,560	$ 1,448,808
	Tax exempt interest & BOLI	-388,524	-379,715
	Disallowed interest	14,661	20,169
	Partnership tax credits	-644,668	-1,260,200
	New markets tax credit amortization expense	101,390	26,177
	Other	-31,332	5,273
		$1,131,087	$ (139,488)
Deferred income tax benefit	'
		2013	2012

	Depreciation	$ (18,120)	$ (37,653)
	Mortgage servicing rights	108,616	-29,859
	Deferred compensation	-18,090	-22,827
	Bad debts	-254,234	-249,202
	Non-accrual loan interest	-5,590	73,065
	Limited partnership amortization	27,529	-340,021
	Investment in CFSG Partners	43,864	44,991
	Fair value adjustment on acquired premises
	and equipment	0	153,862
	Core deposit intangible	-92,716	-115,896
	Loan fair value	-7,165	-18,031
	Fannie Mae preferred stock write down	0	779,578
	Alternative minimum tax	0	59,031
	OREO write down	-15,130	0
	Tax credit carryovers	-170,865	-604,096
	Other	-847	75,088
	Change in deferred tax benefit	($402,748)	($231,970)
Components of the net deferred tax asset	'
		2013	2012

	Components of the deferred tax asset:
	Bad debts	$1,650,671	$1,396,437
	Non-accrual loan interest	32,497	26,907
	Deferred compensation	263,127	245,037
	Limited partnerships	57,212	84,741
	Contingent liability - MPF program	45,042	40,526
	OREO write down	15,130	0
	Capital leases	73,424	71,041
	Tax and rehab credit carryforwards	774,961	604,096
	Unrealized loss on securities available-for-sale	24,452	0
	Other	28,737	34,789
	Total deferred tax asset	$2,965,253	$2,503,574

	Components of the deferred tax liability:
	Depreciation	242,487	260,607
	Mortgage servicing rights	451,887	343,271
	Unrealized gain on securities available-for-sale	0	88,482
	Investment in CFSG Partners	88,855	44,991
	Core deposit intangible	370,866	463,582
	Fair value adjustment on acquired loans	47,348	54,513
	Total deferred tax liability	1,201,443	1,255,446

	Net deferred tax asset	$1,763,810	$1,248,128

15_Financial_Instruments_with_1

15. Financial Instruments with Off-Balance-Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2013
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]	'
Off balance sheet financial instruments risk	'
		Contract or
		Notional Amount
		2013	2012

	Unused portions of home equity lines of credit	$21,961,527	$21,120,077
	Other commitments to extend credit	41,230,202	45,551,282
	Residential construction lines of credit	2,010,417	1,138,872
	Commercial real estate and other construction lines of credit	15,592,702	1,762,424
	Standby letters of credit and commercial letters of credit	1,655,469	1,193,480
	Recourse on sale of credit card portfolio	276,650	352,000
	MPF credit enhancement obligation, net (See Note 16)	1,543,211	2,035,858

18_Transactions_with_Related_P1

18. Transactions with Related Parties (Tables)	12 Months Ended
18. Transactions with Related Parties (Tables)	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
		2013	2012

	Balance, beginning of year	$ 7,063,713	$ 5,998,756
	New loans to related parties	7,619,387	36,354,194
	Repayment*	-7,153,153	-35,289,237
	Balance, end of year	$ 7,529,947	$ 7,063,713

20_Regulatory_Capital_Requirem1

20. Regulatory Capital Requirements (Tables)	12 Months Ended
20. Regulatory Capital Requirements (Tables)	Dec. 31, 2013
Regulatory Capital Requirements [Abstract]	'
Regulatory capital ratios	'
						Minimum
						To Be Well
				Minimum		Capitalized Under
				For Capital		Prompt Corrective
		Actual		Adequacy Purposes:		Action Provisions:
		Amount	Ratio	Amount	Ratio	Amount	Ratio
		(Dollars in Thousands)

	Total capital (to risk-weighted assets)
	Company	$51,304	13.09%	$31,365	8.00%	N/A	N/A
	Bank	$50,765	12.97%	$31,314	8.00%	$39,143	10.00%

	Tier I capital (to risk-weighted assets)
	Company	$45,027	11.48%	$15,682	4.00%	N/A	N/A
	Bank	$45,873	11.72%	$15,657	4.00%	$23,486	6.00%

	Tier I capital (to average assets)
	Company	$45,027	8.04%	$22,409	4.00%	N/A	N/A
	Bank	$45,873	8.20%	$22,386	4.00%	$27,983	5.00%

	December 31, 2012:
	Total capital (to risk-weighted assets)
	Company	$47,385	12.57%	$30,164	8.00%	N/A	N/A
	Bank	$46,796	12.44%	$30,099	8.00%	$37,623	10.00%

	Tier I capital (to risk-weighted assets)
	Company	$40,724	10.80%	$15,082	4.00%	N/A	N/A
	Bank	$42,440	11.28%	$15,049	4.00%	$22,574	6.00%

	Tier I capital (to average assets)
	Company	$40,724	7.27%	$22,416	4.00%	N/A	N/A
	Bank	$42,440	7.58%	$22,387	4.00%	$27,984	5.00%

21_Fair_Value_Tables

21. Fair Value (Tables)	12 Months Ended
21. Fair Value (Tables)	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Schedule Of Fair Value Assets On Recurring Basis	'
	31-Dec-13	Level 1	Level 2	Total
	Assets: (market approach)
	U.S. GSE debt securities	$ 0	$29,138,914	$29,138,914
	U.S. Government securities	6,049,688	0	6,049,688

	31-Dec-12
	Assets: (market approach)
	U.S. GSE debt securities	$0	$33,785,469	$33,785,469
	U.S. Government securities	7,100,590	0	7,100,590
Schedule of Fair Value Assets Nonrecurring Basis	'
	31-Dec-13	Level 2
	Assets: (market approach)
	Residential mortgage servicing rights	$1,329,079
	Impaired loans, net of related allowance	978,892
	OREO	1,105,525

	31-Dec-12
	Assets: (market approach)
	Residential mortgage servicing rights	$1,009,623
	Impaired loans, net of related allowance	737,274
	OREO	1,074,705
Schedule Of Estimated Fair Values Of Financial Instruments	'

	31-Dec-13		Fair	Fair	Fair	Fair
		Carrying	Value	Value	Value	Value
		Amount	Level 1	Level 2	Level 3	Total
		(Dollars in Thousands)
	Financial assets:
	Cash and cash equivalents	$ 18,330	$18,330	$ 0	$ 0	$ 18,330
	Securities held-to-maturity	37,937	0	38,370	0	38,370
	Securities available-for-sale	35,189	6,050	29,139	0	35,189
	Restricted equity securities	3,633	0	3,633	0	3,633
	Loans and loans held-for-sale
	Commercial & industrial	55,069	0	346	56,035	56,381
	Commercial real estate	154,696	0	1,239	157,843	159,082
	Residential real estate - 1st lien	171,498	0	1,689	174,776	176,465
	Residential real estate - Jr lien	45,292	0	483	45,785	46,268
	Consumer	8,708	0	0	9,130	9,130
	Mortgage servicing rights	1,329	0	1,608	0	1,608
	Accrued interest receivable	1,778	0	1,778	0	1,778

	Financial liabilities:
	Deposits
	Other deposits	463,160	0	464,220	0	464,220
	Brokered deposits	18,393	0	18,401	0	18,401
	Repurchase agreements	29,645	0	29,645	0	29,645
	Capital lease obligations	711	0	711	0	711
	Subordinated debentures	12,887	0	12,880	0	12,880
	Accrued interest payable	75	0	75	0	75

	31-Dec-12		Fair	Fair	Fair	Fair
		Carrying	Value	Value	Value	Value
	Financial assets:	Amount	Level 1	Level 2	Level 3	Total
		(Dollars in Thousands)

	Cash and cash equivalents	$ 29,882	$29,882	$ 0	$ 0	$ 29,882
	Securities held-to-maturity	41,866	0	42,291	0	42,291
	Securities available-for-sale	40,886	7,101	33,785	0	40,886
	Restricted equity securities	4,021	0	4,021	0	4,021
	Loans and loans held-for-sale
	Commercial & industrial	48,819	0	435	49,441	49,876
	Commercial real estate	138,166	0	1,763	139,175	140,938
	Residential real estate - 1st lien	169,424	0	1,507	175,559	177,066
	Residential real estate - Jr lien	46,661	0	271	47,484	47,755
	Consumer	10,495	0	0	11,079	11,079
	Mortgage servicing rights	1,010	0	1,010	0	1,010
	Accrued interest receivable	1,751	0	1,751	0	1,751

	Financial liabilities:
	Deposits
	Other deposits	460,939	0	463,168	0	463,168
	Brokered deposits	14,558	0	14,559	0	14,559
	Federal funds purchased and other borrowed funds	6,000	0	6,004	0	6,004
	Repurchase agreements	34,150	0	34,150	0	34,150
	Capital lease obligations	775	0	775	0	775
	Subordinated debentures	12,887	0	13,158	0	13,158
	Accrued interest payable	93	0	93	0	93

22_Condensed_Financial_Informa1

22. Condensed Financial Information (Parent Company Only) (Tables)	12 Months Ended
	Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]	'
Condensed Balance Sheets	'
	Community Bancorp. (Parent Company Only)
	Condensed Balance Sheets
	December 31, 2013 and 2012

	Assets		2013	2012

	Cash		$ 410,075	$ 236,514
	Investment in subsidiary - Community National Bank		58,490,098	55,650,407
	Investment in Capital Trust		387,000	387,000
	Income taxes receivable		235,559	436,944
	Total assets		$59,522,732	$56,710,865

	Liabilities and Shareholders' Equity
	Liabilities
	Junior subordinated debentures		$12,887,000	$12,887,000
	Dividends payable		499,755	471,290
	Total liabilities		13,386,755	13,358,290

	Shareholders' Equity
	Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding
	at December 31, 2013 and 2012 ($100,000 liquidation value)		2,500,000	2,500,000
	Common stock - $2.50 par value; 10,000,000 shares authorized at December 31,
	2013 and 2012, and 5,078,707 and 5,023,026 shares issued at December 31,
	2013 and 2012, respectively (including 13,448 and 19,182 shares issued
	February 1, 2014 and 2013, respectively)		12,696,768	12,557,565
	Additional paid-in capital		28,612,308	28,047,829
	Retained earnings		4,997,144	2,698,200
	Accumulated other comprehensive (loss) income		-47,466	171,758
	Less: treasury stock, at cost; 210,101 shares at December 31, 2013 and 2012		-2,622,777	-2,622,777
	Total shareholders' equity		46,135,977	43,352,575

	Total liabilities and shareholders' equity		$59,522,732	$56,710,865

Condensed Statements of Income	'
	Community Bancorp. (Parent Company Only)
	Condensed Statements of Income
	Years Ended December 31, 2013 and 2012

		2013	2012
	Income
	Bank subsidiary distributions	$2,485,000	$2,863,000
	Dividends on Capital Trust	12,310	29,257
	Total income	2,497,310	2,892,257

	Expense
	Interest on junior subordinated debentures	409,938	974,257
	Administrative and other	295,191	340,129
	Total expense	705,129	1,314,386

	Income before applicable income tax benefit and equity in
	undistributed net income of subsidiary	1,792,181	1,577,871
	Income tax benefit	235,559	436,944

	Income before equity in undistributed net income of subsidiary	2,027,740	2,014,815
	Equity in undistributed net income of subsidiary	3,058,915	2,385,875
	Net income	$5,086,655	$4,400,690
Condensed Statements of Cash Flows	'
	Community Bancorp. (Parent Company Only)
	Condensed Statements of Cash Flows
	Years Ended December 31, 2013 and 2012

		2013	2012
	Cash Flows from Operating Activities
	Net income	$ 5,086,655	$ 4,400,690
	Adjustments to reconcile net income to net cash provided by
	operating activities
	Equity in undistributed net income of subsidiary	-3,058,915	-2,385,875
	Decrease (increase) in income taxes receivable	201,385	-20,162
	Net cash provided by operating activities	2,229,125	1,994,653


	Cash Flows from Financing Activities
	Dividends paid on preferred stock	-81,250	-187,500
	Dividends paid on common stock	-1,974,314	-1,767,584
	Net cash used in financing activities	-2,055,564	-1,955,084
	Net increase in cash	173,561	39,569

	Cash
	Beginning	236,514	196,945
	Ending	$ 410,075	$ 236,514

	Cash Received for Income Taxes	$ 436,944	$ 416,781

	Cash Paid for Interest	$ 409,938	$ 974,257

	Common Shares Dividends paid:
	Dividends declared	$ 2,706,461	$ 2,666,741
	Increase in dividends payable attributable to dividends declared	-28,465	-49,467
	Dividends reinvested	-703,682	-849,690
		$ 1,974,314	$ 1,767,584

23_Quarterly_Financial_Data_Ta

23. Quarterly Financial Data (Tables)	12 Months Ended
23. Quarterly Financial Data (Tables)	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
Schedule of Quarterly Financial Information	'
		Quarters in 2013 ended
		March 31,	June 30,	Sept. 30,	Dec. 31,

	Interest income	$5,562,049	$5,804,849	$5,607,136	$5,665,748
	Interest expense	934,797	892,403	819,426	795,508
	Provision for loan losses	206,250	120,000	137,500	206,250
	Non-interest income	1,368,192	1,520,858	1,540,425	1,553,093
	Non-interest expense	4,589,290	4,818,263	4,471,596	4,413,325
	Net income	1,041,778	1,238,344	1,354,933	1,451,600
	Earnings per common share	0.21	0.25	0.28	0.29

		Quarters in 2012 ended
		March 31,	June 30,	Sept. 30,	Dec. 31,

	Interest income	$5,589,896	$5,632,862	$5,782,081	$5,816,492
	Interest expense	1,270,927	1,239,156	1,238,391	1,133,845
	Provision for loan losses	250,003	249,999	249,999	249,999
	Non-interest income	1,354,977	1,533,032	1,530,217	1,770,734
	Non-interest expense	4,549,932	4,718,213	4,553,023	5,045,602
	Net income	964,849	1,021,192	1,267,351	1,147,298
	Earnings per common share	0.19	0.2	0.26	0.23

24_Other_Income_and_Other_Expe1

24. Other Income and Other Expenses (Tables)	12 Months Ended
24. Other Income and Other Expenses (Tables)	Dec. 31, 2013
Other Income and Expenses [Abstract]	'
Components of other income and other expenses	'
		2013	2012
	Income
	Income from investment in CFSG Partners	$287,252	$ 149,715

	Expenses
	Marketing	$321,586	$ 284,641
	State deposit tax	532,592	516,348
	Amortization of tax credit investments	473,842	1,175,177
	ATM fees	401,147	363,478
	Telephone	358,801	338,239

1_Significant_Accounting_Polic3

1. Significant Accounting Policies (Details) (USD $)	3 Months Ended								12 Months Ended
1. Significant Accounting Policies (Details) (USD $)	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]	'	'	'	'	'	'	'	'	'	'
Net income, as reported	$1,451,600	$1,354,933	$1,238,344	$1,041,778	$1,147,298	$1,267,351	$1,021,192	$964,849	$5,086,655	$4,400,690
Less: dividends to preferred shareholders (1)	'	'	'	'	'	'	'	'	81,250	187,500
Net income available to common shareholders	'	'	'	'	'	'	'	'	$5,005,405	$4,213,190
Weighted average number of common shares used in calculating earnings per share	'	'	'	'	'	'	'	'	4,838,185	4,769,645
Earnings per common share	$0.29	$0.28	$0.25	$0.21	$0.23	$0.26	$0.20	$0.19	$1.03	$0.88

2_Investment_Securities_Detail

2. Investment Securities (Details) (USD $)	12 Months Ended
2. Investment Securities (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Available for sale Securities	'	'
Amortized Cost - Available for sale Securities	$35,260,521	$40,625,821
Gross Unrealized Gains - Available for sale Securities	125,057	275,246
Gross Unrealized Losses - Available for sale Securities	196,976	15,008
Fair Value - Available for sale Securities	35,188,602	40,886,059
U.S. GSE debt securities	'	'
Available for sale Securities	'	'
Amortized Cost - Available for sale Securities	29,220,333	33,552,376
Gross Unrealized Gains - Available for sale Securities	114,102	247,029
Gross Unrealized Losses - Available for sale Securities	195,521	13,936
Fair Value - Available for sale Securities	29,138,914	33,785,469
U.S. Government securities	'	'
Available for sale Securities	'	'
Amortized Cost - Available for sale Securities	6,040,188	7,073,445
Gross Unrealized Gains - Available for sale Securities	10,955	28,217
Gross Unrealized Losses - Available for sale Securities	1,455	1,072
Fair Value - Available for sale Securities	6,049,688	7,100,590
US States and Political Subdivisions Debt Securities [Member]	'	'
Held-to-Maturity Securities	'	'
Amortized Cost - Held-to-Maturity	37,936,911	41,865,555
Gross Unrealized Gains - Held-to-Maturity	433,089	425,445
Gross Unrealized Losses - Held-to-Maturity	0	0
Fair Value - Held-to-Maturity	$38,370,000	$42,291,000

2_Investment_Securities_Detail1

2. Investment Securities (Details 1) (USD $)	Dec. 31, 2013
Available for sale Securities	'
Amortized Cost	'
Due in one year or less, Amortized Cost	$4,508,181
Due from one to five years, Amortized Cost	30,752,340
Amortization Cost of Debt	35,260,521
Fair Value	'
Due in one year or less, fair value	4,510,923
Due from one to five years, fair value	30,677,679
Fair value of debt	35,188,602
Held to maturity Securities	'
Amortized Cost	'
Due in one year or less, Amortized Cost	27,615,731
Due from one to five years, Amortized Cost	3,939,950
Due from five to ten years, Amortized Cost	2,592,045
Due after ten years, Amortized Cost	3,789,185
Amortization Cost of Debt	37,936,911
Fair Value	'
Due in one year or less, fair value	27,616,000
Due from one to five years, fair value	4,048,000
Due from five to ten years, fair value	2,700,000
Due after ten years, fair value	4,006,000
Fair value of debt	$38,370,000

2_Investment_Securities_Detail2

2. Investment Securities (Details 2) (USD $)	12 Months Ended
2. Investment Securities (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value Less than 12 months	$12,129,166	$9,768,131
Unrealized Loss Less than 12 months	195,643	15,008
U.S. GSE debt securities	'	'
Fair Value Less than 12 months	11,094,830	8,715,492
Unrealized Loss Less than 12 months	194,188	13,936
U.S. Government securities	'	'
Fair Value Less than 12 months	1,034,336	1,052,639
Unrealized Loss Less than 12 months	$1,455	$1,072

2_Investment_Securities_Detail3

2. Investment Securities (Details Narrative) (USD $)	12 Months Ended
2. Investment Securities (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Book value of available for sale securities	$33,275,039	$40,625,821
Fair value of available for sale securities	33,235,708	40,886,059
Proceeds from sales of securities	9,095,380	36,421,608
Gains from sales of securities	2,566	351,301
Loss from sales of securities	8,087	0
Investment in FHLBB stock	3,044,700	3,433,200
Dividend income on FHLBB stock	$12,214	$17,892
U.S. GSE debt securities	'	'
Number of securities	11	8
U.S. Government securities	'	'
Number of securities	1	1

3_Loans_Allowance_for_Loan_Los2

3. Loans, Allowance for Loan Losses and Credit Quality (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Loans and Leases Receivable Disclosure [Abstract]	'	'	'
Commercial and Industrial	$55,619,285	$49,283,948	'
Commercial real estate	156,935,803	139,807,517	'
Residential real estate - 1st lien	172,847,074	169,612,809	'
Residential real estate - Jr. lien	45,687,405	47,029,023	'
Consumer	8,819,359	10,642,151	'
Gross Loans	439,908,926	416,375,448	'
Allowance for loan loss	4,854,915	4,312,080	3,886,502
Deferred net loan costs (fees)	-300,429	-169,501	'
Total Adjustments	4,554,486	4,142,579	'
Net loans	$435,354,440	$412,232,869	'

3_Loans_Allowance_for_Loan_Los3

3. Loans, Allowance for Loan Losses and Credit Quality (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012
30-89 Days	$7,628,644	$6,734,891
90 Days or more	2,479,079	2,168,099
Total Past Due	10,107,723	8,902,990
Current	429,801,203	407,472,458
Total Loans	439,908,926	416,375,448
Non-Accrual Loans	4,726,877	4,755,452
Over 90 Days and Accruing	908,148	378,060
Commercial and industrial	'	'
30-89 Days	1,060,971	782,937
90 Days or more	310,669	377,145
Total Past Due	1,371,640	1,160,082
Current	54,247,645	48,123,866
Total Loans	55,619,285	49,283,948
Non-Accrual Loans	527,105	596,777
Over 90 Days and Accruing	21,902	0
Commercial Real Estate	'	'
30-89 Days	713,160	785,890
90 Days or more	215,507	888,179
Total Past Due	928,667	1,674,069
Current	156,007,136	138,133,448
Total Loans	156,935,803	139,807,517
Non-Accrual Loans	1,403,541	1,892,195
Over 90 Days and Accruing	5,313	53,937
Residential real estate - 1st lien	'	'
30-89 Days	5,184,457	4,654,077
90 Days or more	1,655,950	844,803
Total Past Due	6,840,407	5,498,880
Current	166,006,667	164,113,929
Total Loans	172,847,074	169,612,809
Non-Accrual Loans	2,203,106	1,928,097
Over 90 Days and Accruing	817,109	281,845
Residential real estate - Jr lien	'	'
30-89 Days	533,134	379,363
90 Days or more	289,169	57,128
Total Past Due	822,303	436,491
Current	44,865,102	46,592,532
Total Loans	45,687,405	47,029,023
Non-Accrual Loans	593,125	338,383
Over 90 Days and Accruing	56,040	41,434
Consumer	'	'
30-89 Days	136,922	132,624
90 Days or more	7,784	844
Total Past Due	144,706	133,468
Current	8,674,653	10,508,683
Total Loans	8,819,359	10,642,151
Non-Accrual Loans	0	0
Over 90 Days and Accruing	$7,784	$844

3_Loans_Allowance_for_Loan_Los4

3. Loans, Allowance for Loan Losses and Credit Quality (Details 2) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Allowance for loan losses, Beginning balance	'	'	'	$4,312,080	'	'	'	$3,886,502	$4,312,080	$3,886,502
Charge-offs	'	'	'	'	'	'	'	'	-388,429	-695,582
Recoveries	'	'	'	'	'	'	'	'	261,264	121,160
Provisions	206,250	137,500	120,000	206,250	249,999	249,999	249,999	250,003	670,000	1,000,000
Allowance for loan losses, Ending balance	4,854,915	'	'	'	4,312,080	'	'	'	4,854,915	4,312,080
Allowance for loan losses evaluated for impairment, Individually	351,400	'	'	'	174,000	'	'	'	351,400	174,000
Allowance for loan losses evaluated for impairment, Collectively	4,503,515	'	'	'	4,138,080	'	'	'	4,503,515	4,138,080
Allowance for loan losses	4,854,915	'	'	'	4,312,080	'	'	'	4,854,915	4,312,080
Loans evaluated for impairment, Individually	4,108,216	'	'	'	4,149,346	'	'	'	4,108,216	4,149,346
Loans evaluated for impairment, Collectively	435,800,710	'	'	'	412,226,102	'	'	'	435,800,710	412,226,102
Total Loans	439,908,926	'	'	'	416,375,448	'	'	'	439,908,926	416,375,448
Commercial and industrial	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses, Beginning balance	'	'	'	428,381	'	'	'	342,314	428,381	342,314
Charge-offs	'	'	'	'	'	'	'	'	-83,344	-159,309
Recoveries	'	'	'	'	'	'	'	'	2,953	29,769
Provisions	'	'	'	'	'	'	'	'	168,392	215,607
Allowance for loan losses, Ending balance	516,382	'	'	'	428,381	'	'	'	516,382	428,381
Allowance for loan losses evaluated for impairment, Individually	27,500	'	'	'	0	'	'	'	27,500	0
Allowance for loan losses evaluated for impairment, Collectively	488,882	'	'	'	428,381	'	'	'	488,882	428,381
Allowance for loan losses	516,382	'	'	'	428,381	'	'	'	516,382	428,381
Loans evaluated for impairment, Individually	373,696	'	'	'	435,165	'	'	'	373,696	435,165
Loans evaluated for impairment, Collectively	55,245,589	'	'	'	48,848,783	'	'	'	55,245,589	48,848,783
Total Loans	55,619,285	'	'	'	49,283,948	'	'	'	55,619,285	49,283,948
Commercial Real Estate	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses, Beginning balance	'	'	'	1,536,440	'	'	'	1,385,939	1,536,440	1,385,939
Charge-offs	'	'	'	'	'	'	'	'	-124,849	-57,923
Recoveries	'	'	'	'	'	'	'	'	185,791	51,863
Provisions	'	'	'	'	'	'	'	'	546,016	156,561
Allowance for loan losses, Ending balance	2,143,398	'	'	'	1,536,440	'	'	'	2,143,398	1,536,440
Allowance for loan losses evaluated for impairment, Individually	147,700	'	'	'	0	'	'	'	147,700	0
Allowance for loan losses evaluated for impairment, Collectively	1,995,698	'	'	'	1,536,440	'	'	'	1,995,698	1,536,440
Allowance for loan losses	2,143,398	'	'	'	1,536,440	'	'	'	2,143,398	1,536,440
Loans evaluated for impairment, Individually	1,386,477	'	'	'	1,762,615	'	'	'	1,386,477	1,762,615
Loans evaluated for impairment, Collectively	155,549,326	'	'	'	138,044,902	'	'	'	155,549,326	138,044,902
Total Loans	156,935,803	'	'	'	139,807,517	'	'	'	156,935,803	139,807,517
Residential Real Estate 1st Lien	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses, Beginning balance	'	'	'	1,563,576	'	'	'	1,578,493	1,563,576	1,578,493
Charge-offs	'	'	'	'	'	'	'	'	-56,430	-246,237
Recoveries	'	'	'	'	'	'	'	'	15,819	5,538
Provisions	'	'	'	'	'	'	'	'	-70,781	225,782
Allowance for loan losses, Ending balance	1,452,184	'	'	'	1,563,576	'	'	'	1,452,184	1,563,576
Allowance for loan losses evaluated for impairment, Individually	99,700	'	'	'	134,800	'	'	'	99,700	134,800
Allowance for loan losses evaluated for impairment, Collectively	1,352,484	'	'	'	1,428,776	'	'	'	1,352,484	1,428,776
Allowance for loan losses	1,452,184	'	'	'	1,563,576	'	'	'	1,452,184	1,563,576
Loans evaluated for impairment, Individually	1,788,793	'	'	'	1,641,960	'	'	'	1,788,793	1,641,960
Loans evaluated for impairment, Collectively	171,058,281	'	'	'	167,970,849	'	'	'	171,058,281	167,970,849
Total Loans	172,847,074	'	'	'	169,612,809	'	'	'	172,847,074	169,612,809
Residential Real Estate Jr Lien	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses, Beginning balance	'	'	'	332,556	'	'	'	331,684	332,556	331,684
Charge-offs	'	'	'	'	'	'	'	'	-56,797	-135,622
Recoveries	'	'	'	'	'	'	'	'	21,277	1,538
Provisions	'	'	'	'	'	'	'	'	69,435	134,956
Allowance for loan losses, Ending balance	366,471	'	'	'	332,556	'	'	'	366,471	332,556
Allowance for loan losses evaluated for impairment, Individually	76,500	'	'	'	39,200	'	'	'	76,500	39,200
Allowance for loan losses evaluated for impairment, Collectively	289,971	'	'	'	293,356	'	'	'	289,971	293,356
Allowance for loan losses	366,471	'	'	'	332,556	'	'	'	366,471	332,556
Loans evaluated for impairment, Individually	559,250	'	'	'	309,606	'	'	'	559,250	309,606
Loans evaluated for impairment, Collectively	45,128,155	'	'	'	46,719,417	'	'	'	45,128,155	46,719,417
Total Loans	45,687,405	'	'	'	47,029,023	'	'	'	45,687,405	47,029,023
Consumer	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses, Beginning balance	'	'	'	138,699	'	'	'	124,779	138,699	124,779
Charge-offs	'	'	'	'	'	'	'	'	-67,009	-96,491
Recoveries	'	'	'	'	'	'	'	'	35,424	32,452
Provisions	'	'	'	'	'	'	'	'	-1,835	77,959
Allowance for loan losses, Ending balance	105,279	'	'	'	138,699	'	'	'	105,279	138,699
Allowance for loan losses evaluated for impairment, Individually	0	'	'	'	0	'	'	'	0	0
Allowance for loan losses evaluated for impairment, Collectively	105,279	'	'	'	138,699	'	'	'	105,279	138,699
Allowance for loan losses	105,279	'	'	'	138,699	'	'	'	105,279	138,699
Loans evaluated for impairment, Individually	0	'	'	'	0	'	'	'	0	0
Loans evaluated for impairment, Collectively	8,819,359	'	'	'	10,642,151	'	'	'	8,819,359	10,642,151
Total Loans	8,819,359	'	'	'	10,642,151	'	'	'	8,819,359	10,642,151
Unallocated	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses, Beginning balance	'	'	'	312,428	'	'	'	123,293	312,428	123,293
Charge-offs	'	'	'	'	'	'	'	'	0	0
Recoveries	'	'	'	'	'	'	'	'	0	0
Provisions	'	'	'	'	'	'	'	'	-41,227	189,135
Allowance for loan losses, Ending balance	271,201	'	'	'	312,428	'	'	'	271,201	312,428
Allowance for loan losses evaluated for impairment, Individually	0	'	'	'	0	'	'	'	0	0
Allowance for loan losses evaluated for impairment, Collectively	271,201	'	'	'	312,428	'	'	'	271,201	312,428
Allowance for loan losses	$271,201	'	'	'	$312,428	'	'	'	$271,201	$312,428

3_Loans_Allowance_for_Loan_Los5

3. Loans, Allowance for Loan Losses and Credit Quality (Details 3) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Recorded Investment allowance recorded	$4,108,216	$4,149,346
Unpaid Principal Balance allowance recorded	4,676,730	4,912,247
Related Allowance recorded	351,400	174,000
Average Recorded Investment Allowance recorded	3,998,811	5,825,949
Commercial and industrial	'	'
Recorded Investment With no related allowance recorded	314,510	435,165
Recorded Investment With an allowance recorded	59,186	0
Recorded Investment allowance recorded	373,696	435,165
Unpaid Principal Balance With no related allowance recorded	363,618	473,664
Unpaid Principal Balance With an allowance recorded	59,186	0
Unpaid Principal Balance allowance recorded	422,804	473,664
Related Allowance With no ralated allowance recorded	0	0
Related Allowance With an allowance recorded	27,500	0
Related Allowance recorded	27,500	0
Average Recorded Investment With no related allowance recorded	339,519	536,973
Average Recorded Investment With an allowance recorded	11,837	232,743
Average Recorded Investment Allowance recorded	351,356	769,716
Commercial Real Estate	'	'
Recorded Investment With no related allowance recorded	944,845	1,762,615
Recorded Investment With an allowance recorded	441,632	0
Recorded Investment allowance recorded	1,386,477	1,762,615
Unpaid Principal Balance With no related allowance recorded	1,021,143	2,123,371
Unpaid Principal Balance With an allowance recorded	446,963	0
Unpaid Principal Balance allowance recorded	1,468,106	2,123,371
Related Allowance With no ralated allowance recorded	0	0
Related Allowance With an allowance recorded	147,700	0
Related Allowance recorded	147,700	0
Average Recorded Investment With no related allowance recorded	1,325,504	2,019,449
Average Recorded Investment With an allowance recorded	272,174	920,842
Average Recorded Investment Allowance recorded	1,597,678	2,940,291
Residential real estate - 1st lien	'	'
Recorded Investment With no related allowance recorded	1,354,432	1,024,598
Recorded Investment With an allowance recorded	434,361	617,362
Recorded Investment allowance recorded	1,788,793	1,641,960
Unpaid Principal Balance With no related allowance recorded	1,654,023	1,250,224
Unpaid Principal Balance With an allowance recorded	474,496	669,288
Unpaid Principal Balance allowance recorded	2,128,519	1,919,512
Related Allowance With no ralated allowance recorded	0	0
Related Allowance With an allowance recorded	99,700	134,800
Related Allowance recorded	99,700	134,800
Average Recorded Investment With no related allowance recorded	1,088,631	893,629
Average Recorded Investment With an allowance recorded	515,685	892,339
Average Recorded Investment Allowance recorded	1,604,316	1,785,968
Residential real estate - Jr lien	'	'
Recorded Investment With no related allowance recorded	164,137	15,694
Recorded Investment With an allowance recorded	395,113	293,912
Recorded Investment allowance recorded	559,250	309,606
Unpaid Principal Balance With no related allowance recorded	228,134	76,680
Unpaid Principal Balance With an allowance recorded	429,167	319,020
Unpaid Principal Balance allowance recorded	657,301	395,700
Related Allowance With no ralated allowance recorded	0	0
Related Allowance With an allowance recorded	76,500	39,200
Related Allowance recorded	76,500	39,200
Average Recorded Investment With no related allowance recorded	64,606	34,602
Average Recorded Investment With an allowance recorded	380,855	295,372
Average Recorded Investment Allowance recorded	$445,461	$329,974

3_Loans_Allowance_for_Loan_Los6

3. Loans, Allowance for Loan Losses and Credit Quality (Details 4) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Group A	$423,569,097	$402,502,311
Group B	6,737,681	5,456,205
Group C	9,602,148	8,416,932
Total Loans	439,908,926	416,375,448
Commercial and industrial	'	'
Group A	51,740,744	47,689,238
Group B	2,824,169	593,838
Group C	1,054,372	1,000,872
Total Loans	55,619,285	49,283,948
Commercial Real Estate	'	'
Group A	148,516,895	131,643,756
Group B	3,292,200	4,139,367
Group C	5,126,708	4,024,394
Total Loans	156,935,803	139,807,517
Residential real estate - 1st lien	'	'
Group A	169,771,357	166,374,493
Group B	160,468	404,752
Group C	2,915,249	2,833,564
Total Loans	172,847,074	169,612,809
Residential real estate - Jr lien	'	'
Group A	44,739,736	46,162,420
Group B	460,844	318,248
Group C	486,825	548,355
Total Loans	45,687,405	47,029,023
Consumer	'	'
Group A	8,800,365	10,632,404
Group B	0	0
Group C	18,994	9,747
Total Loans	$8,819,359	$10,642,151

3_Loans_Allowance_for_Loan_Los7

3. Loans, Allowance for Loan Losses and Credit Quality (Details 5) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
	integer	integer
Number of Contracts modified as TDRs	5	5
Pre-Modification Outstanding Recorded Investment	$344,831	$1,230,886
Post- Modification Outstanding Recorded Investment	353,691	1,236,233
Residential real estate - 1st lien	'	'
Number of Contracts modified as TDRs	4	3
Pre-Modification Outstanding Recorded Investment	321,406	200,241
Post- Modification Outstanding Recorded Investment	330,266	205,588
Residential Real Estate Jr Lien	'	'
Number of Contracts modified as TDRs	1	'
Pre-Modification Outstanding Recorded Investment	23,425	'
Post- Modification Outstanding Recorded Investment	23,425	'
Commercial Real Estate	'	'
Number of Contracts modified as TDRs	'	2
Pre-Modification Outstanding Recorded Investment	'	1,030,645
Post- Modification Outstanding Recorded Investment	'	$1,030,645

3_Loans_Allowance_for_Loan_Los8

3. Loans, Allowance for Loan Losses and Credit Quality (Details 6) (Residential real estate - 1st lien, USD $)	12 Months Ended
	Dec. 31, 2013
	integer
Residential real estate - 1st lien	'
Number of TDRs contracts which subsequently default	2
Recorded Investment	$213,342

3_Loans_Allowance_for_Loan_Los9

3. Loans, Allowance for Loan Losses and Credit Quality (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]	'	'
Allowance related to TDRs	$5,800	$23,000

4_Loan_Servicing_Details

4. Loan Servicing (Details) (USD $)	12 Months Ended
4. Loan Servicing (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Transfers and Servicing of Financial Assets [Abstract]	'	'
Balance at beginning of year	$1,009,623	$1,097,442
Mortgage servicing rights capitalized	274,253	406,807
Mortgage servicing rights amortized	-317,865	-409,584
Change in valuation allowance	363,068	-85,042
Balance at end of period	$1,329,079	$1,009,623

4_Loan_Servicing_Details_Narra

4. Loan Servicing (Details Narrative) (USD $)	12 Months Ended
4. Loan Servicing (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Loan Servicing Details Narrative	'	'
Unpaid principal balances of mortgage loans serviced for others	$193,751,501	$198,438,802
Net gain realized on the sale of loans	$778,203	$1,375,689

5_Bank_Premises_and_Equipment_1

5. Bank Premises and Equipment (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Bank Premises And Equipment Details	'	'
Buildings and improvements	$10,896,563	$10,762,761
Land and land improvements	2,408,921	2,403,921
Furniture and equipment	7,797,907	7,340,676
Leasehold improvements	1,316,386	1,302,395
Capital lease	976,907	976,907
Other prepaid assets	28,661	175,507
Bank premises and equipment, gross	23,425,345	22,962,167
Less accumulated depreciation and amortization	-11,701,877	-10,718,847
Bank premises and equipment, net	$11,723,468	$12,243,320

5_Bank_Premises_and_Equipment_2

5. Bank Premises and Equipment (Details 1) (USD $)	Dec. 31, 2013
Bank Premises And Equipment Details 1	'
2014	$153,900
2015	129,845
2016	61,817
2017	6,817
2018	6,817
Operating lease due	$359,196

5_Bank_Premises_and_Equipment_3

5. Bank Premises and Equipment (Details 2) (USD $)	Dec. 31, 2013
Bank Premises And Equipment Details 2	'
2014	$126,255
2015	129,755
2016	129,755
2017	133,255
2018	138,155
Subsequent to 2018	282,501
Total minimum lease payments	939,676
Less amount representing interest	-228,634
Present value of net minimum lease payments	$711,042

5_Bank_Premises_and_Equipment_4

5. Bank Premises and Equipment (Details Narrative) (USD $)	12 Months Ended
5. Bank Premises and Equipment (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Bank Premises And Equipment Details Narrative	'	'
Total rental expense	$231,575	$230,756

6_Goodwill_and_Other_Intangibl2

6. Goodwill and Other Intangible Assets (Details) (USD $)	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
2014	$272,695
2015	272,695
2016	272,695
2017	272,696
Total remaining core deposit intangible	$1,090,781

6_Goodwill_and_Other_Intangibl3

6. Goodwill and Other Intangible Assets (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Accumulated amortization expense	$3,070,219	$2,797,524
Intangible Assets Acquired	$4,161,000	'

7_Other_Investments_Details_Na

7. Other Investments (Details Narrative) (USD $)	12 Months Ended
7. Other Investments (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
NMTC [Member]	'	'
Equity investment generated tax credits	$170,750	$170,750
Amortization expense	101,390	39,662
Carrying value of equity investment	683,690	785,080
LimitedPartnership [Member]	'	'
Amortization expense	473,842	1,175,177
Carrying Value Limited Partnerships Investment	2,334,709	2,808,551
Tax credits	531,973	1,157,541
CFSG [Member]	'	'
Other assets	953,912	666,661
Income	$287,252	$149,715

8_Time_Deposits_Details

8. Time Deposits (Details) (USD $)	Dec. 31, 2013
Time Deposits [Abstract]	'
2014	$72,000,665
2015	22,543,863
2016	13,038,884
2017	9,516,281
2018	3,851,846
Total time deposits	$120,951,539

9_Borrowed_Funds_Details

9. Borrowed Funds (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Debt Disclosure [Abstract]	'	'
FHLBB term borrowing, 1.71% fixed rate, due January 28, 2013	$0	$6,000,000

9_Borrowed_Funds_Details_Narra

9. Borrowed Funds (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Debt Disclosure [Abstract]	'	'
Line of credit with the FHLBB	$500,000	$500,000
Qualified collateral borrowing	114,886,791	116,101,167
Potential borrowing capacity	72,556,030	72,591,692
Letters of credit collateral deposits	20,800,000	15,800,000
Fees paid for issuance of letters of credit	43,654	41,749
Pledged loan	$74,929,216	$71,345,734
Primary credit rate	'75 basis points	'75 basis points

10_Junior_Subordinated_Debentu1

10. Junior Subordinated Debentures (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Junior Subordinated Notes [Abstract]	'	'
Junior Subordinated Debentures	$12,887,000	$12,887,000
Interest paid on the Debentures	$409,938	$974,257

11_Repurchase_Agreements_Detai

11. Repurchase Agreements (Details Narrative) (USD $)	12 Months Ended
11. Repurchase Agreements (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Disclosure of Repurchase Agreements [Abstract]	'	'
Securities sold under agreements to repurchase	$29,644,615	$34,149,608
Book value of collateral of agreement	33,275,039	40,625,821
Fair value of collateral of agreement	33,235,708	40,886,059
Average daily balance of repurchase agreements	28,537,504	26,383,409
Maximum borrowings outstanding on repurchase agreement	$34,539,586	$34,149,608
Weighted average interest rate on repurchase agreement	0.39%	0.55%

12_Income_Taxes_Details

12. Income Taxes (Details) (USD $)	12 Months Ended
12. Income Taxes (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]	'	'
Currently paid or payable	$1,533,835	$92,482
Deferred expense (benefit)	-402,748	-231,970
Total income tax (benefit) expense	$1,131,087	($139,488)

12_Income_Taxes_Details_1

12. Income Taxes (Details 1) (USD $)	12 Months Ended
12. Income Taxes (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]	'	'
Computed expense at statutory rates	$2,079,560	$1,448,808
Tax exempt interest & BOLI	-388,524	-379,715
Disallowed interest	14,661	20,169
Partnership tax credits	-644,668	-1,260,200
New markets tax credit amortization expense	101,390	26,177
Other	-31,332	5,273
Total income tax (benefit) expense	$1,131,087	($139,488)

12_Income_Taxes_Details_2

12. Income Taxes (Details 2) (USD $)	12 Months Ended
12. Income Taxes (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred expense (benefit)	($402,748)	($231,970)
Deferred Income Tax Charges [Member]	'	'
Depreciation	-18,120	-37,653
Mortgage servicing rights	108,616	-29,859
Deferred compensation	-18,090	-22,827
Bad debts	-254,234	-249,202
Non-accrual loan interest	-5,590	73,065
Limited partnership amortization	27,529	-340,021
Investment in CFSG Partners	43,864	44,991
Fair value adjustment on acquired premises and equipment	0	153,862
Core deposit intangible	-92,716	-115,896
Loan fair value	-7,165	-18,031
Fannie Mae preferred stock write down	0	779,578
Alternative minimum tax	0	59,031
OREO write down	-15,130	0
Tax credit carryovers	-170,865	-604,096
Other	-847	75,088
Deferred expense (benefit)	($402,748)	($231,970)

12_Income_Taxes_Details_3

12. Income Taxes (Details 3) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Components of the deferred tax asset:	'	'
Bad debts	$1,650,671	$1,396,437
Non-accrual loan interest	32,497	26,907
Deferred compensation	263,127	245,037
Limited partnerships	57,212	84,741
Contingent liability - MPF program	45,042	40,526
OREO write down	15,130	0
Capital lease	73,424	71,041
Tax and rehab credit carryforwards	774,961	604,096
Unrealized loss on securities available-for-sale	24,452	0
Other	28,737	34,789
Total deferred tax asset	2,965,253	2,503,574
Components of the deferred tax liability:	'	'
Depreciation	242,487	260,607
Mortgage servicing rights	451,887	343,271
Unrealized gain on securities available-for-sale	0	88,482
Investment in CFSG Partners	88,855	44,991
Core deposit intangible	370,866	463,582
Fair value adjustment on acquired loans	47,348	54,513
Total deferred tax liability	1,201,443	1,255,446
Net deferred tax asset	$1,763,810	$1,248,128

13_401k_and_ProfitSharing_Plan1

13. 401(k) and Profit-Sharing Plan (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Compensation and Retirement Disclosure [Abstract]	'	'
Pension expense	$551,577	$481,875

14_Deferred_Compensation_and_S1

14. Deferred Compensation and Supplemental Employee Retirement Plans (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Directors Deferred Compensation Plan	'	'
Benefits accrued with the plan	$399,379	$413,884
Expenses associated with the plan	26,996	24,199
Supplemental Employee Retirement Plan	'	'
Benefits accrued with the plan	374,523	306,815
Expenses associated with the plan	$67,708	$62,940

15_Financial_Instruments_with_2

15. Financial Instruments with Off-Balance-Sheet Risk (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]	'	'
Unused portions of home equity lines of credit	$21,961,527	$21,120,077
Other commitments to extend credit	41,230,202	45,551,282
Residential construction lines of credit	2,010,417	1,138,872
Commercial real estate and other construction lines of credit	15,592,702	1,762,424
Standby letters of credit and commercial letters of credit	1,655,469	1,193,480
Recourse on sale of credit card portfolio	276,650	352,000
MPF credit enhancement obligation, net	$1,543,211	$2,035,858

15_Financial_Instruments_with_3

15. Financial Instruments with Off-Balance-Sheet Risk (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]	'	'
Binding loan commitments to sell residential mortgages	$373,500	$3,395,249
Junior subordinated debentures	12,887,000	12,887,000
External financing	$12,500,000	$12,500,000

16_Contingent_Liability_Detail

16. Contingent Liability (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]	'	'
Loans sold through the MPF program	$50,925,686	$53,255,305
Notional amount of the maximum CEO	1,675,687	2,155,052
Accrued contingent liability	$132,476	$119,194

18_Transactions_with_Related_P2

18. Transactions with Related Parties (Details) (USD $)	12 Months Ended
18. Transactions with Related Parties (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Related Party Transactions [Abstract]	'	'
Balance, beginning of year	$7,063,713	$5,998,756
New loans to related parties	7,619,387	36,354,194
Repayment	-7,153,153	-35,289,237
Balance, end of year	$7,529,947	$7,063,713

18_Transactions_with_Related_P3

18. Transactions with Related Parties (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Related Party Transactions [Abstract]	'	'
Total deposits with related parties	$5,382,564	$7,901,009
Amount of rental income received	37,062	37,177
Amount paid to CFSG	$45,892	$36,318

19_Restrictions_on_Cash_and_Du1

19. Restrictions on Cash and Due From Banks (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Restricted Cash and Cash Equivalents Items [Line Items]	'	'
Contracted balances with other correspondent banks	$462,500	$462,500
Balance to avoid monthly charges on the Company current federal funds liquidity line	$262,500	$262,500

20_Regulatory_Capital_Requirem2

20. Regulatory Capital Requirements (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Company [Member]	'	'
Total capital to risk-weighted assets amount	$51,304	$47,385
Total capital to risk-weighted assets ratio	13.09%	12.57%
Tier I capital to risk-weighted assets amount	45,027	40,724
Tier I capital to risk-weighted assets ratio	11.48%	10.80%
Tier I capital to average assets amount	45,027	40,724
Tier I capital to average assets ratio	8.04%	7.27%
Total capital to risk-weighted assets Minimum for capital adequacy purposes amount	31,365	30,164
Total capital to risk-weighted assets Minimum for capital adequacy purposes ratio	8.00%	8.00%
Tier I capital to risk-weighted assets Minimum for capital adequacy purposes amount	15,682	15,082
Tier I capital to risk-weighted assets minimum for capital adequacy purposes ratio	4.00%	4.00%
Tier I capital to average assets Minimum for capital adequacy purposes amount	22,409	22,416
Tier I capital to average assets minimum for capital adequacy purposes ratio	4.00%	4.00%
Total capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions amount	'	'
Total capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions ratio	'	'
Tier I capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions amount	'	'
Tier I capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions ratio	'	'
Tier I capital to average assets minimum to be well capitalized under prompt corrective action provisions amount	'	'
Tier I capital to average assets minimum to be well capitalized under prompt corrective action provisions ratio	'	'
Bank [Member]	'	'
Total capital to risk-weighted assets amount	50,765	46,796
Total capital to risk-weighted assets ratio	12.97%	12.44%
Tier I capital to risk-weighted assets amount	45,873	42,440
Tier I capital to risk-weighted assets ratio	11.72%	11.28%
Tier I capital to average assets amount	45,873	42,440
Tier I capital to average assets ratio	8.20%	7.58%
Total capital to risk-weighted assets Minimum for capital adequacy purposes amount	31,314	30,099
Total capital to risk-weighted assets Minimum for capital adequacy purposes ratio	8.00%	8.00%
Tier I capital to risk-weighted assets Minimum for capital adequacy purposes amount	15,657	15,049
Tier I capital to risk-weighted assets minimum for capital adequacy purposes ratio	4.00%	4.00%
Tier I capital to average assets Minimum for capital adequacy purposes amount	22,386	22,387
Tier I capital to average assets minimum for capital adequacy purposes ratio	4.00%	4.00%
Total capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions amount	39,143	37,623
Total capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions ratio	10.00%	10.00%
Tier I capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions amount	23,486	22,574
Tier I capital to risk-weighted assets minimum to be well capitalized under prompt corrective action provisions ratio	6.00%	6.00%
Tier I capital to average assets minimum to be well capitalized under prompt corrective action provisions amount	$27,983	$27,984
Tier I capital to average assets minimum to be well capitalized under prompt corrective action provisions ratio	5.00%	5.00%

21_Fair_Value_Details

21. Fair Value (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
U.S. GSE debt securities	$29,138,914	$33,785,469
U.S. Government securities	6,049,688	7,100,590
Fair Value Level 1	'	'
U.S. GSE debt securities	0	0
U.S. Government securities	6,049,688	7,100,590
Fair Value Level 2	'	'
U.S. GSE debt securities	29,138,914	33,785,469
U.S. Government securities	$0	$0

21_Fair_Value_Details_1

21. Fair Value (Details 1) (Fair Value Level 2, USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value Level 2	'	'
Assets: (market approach)	'	'
Mortgage servicing rights	$1,329,079	$1,009,623
Impaired loans, net of related allowance	978,892	737,274
OREO	$1,105,525	$1,074,705

21_Fair_Value_Details_2

21. Fair Value (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Fair Value Level 1	'	'
Financial assets: (in thousands)	'	'
Cash and cash equivalents	$18,330	$29,882
Securities held-to-maturity	0	0
Fair Value - Available for sale Securities	6,050	7,101
Restricted equity securities	0	0
Loans and loans held-for-sale	'	'
Commercial & Industrial	0	0
Commercial real estate	0	0
Residential real estate - 1st lien	0	0
Residential real estate - Jr. lien	0	0
Consumer	0	0
Mortgage servicing rights	0	0
Accrued interest receivable	0	0
Financial liabilities: (in thousands)	'	'
Deposits, Other deposits	0	0
Deposits, Brokered deposits	0	0
Federal funds purchased and short-term borrowings	0	0
Long-term borrowings	0	0
Repurchase agreements	0	0
Capital lease obligations	0	0
Subordinated debentures	0	0
Accrued interest payable	0	0
Fair Value Level 2	'	'
Financial assets: (in thousands)	'	'
Cash and cash equivalents	0	0
Securities held-to-maturity	38,370	42,291
Fair Value - Available for sale Securities	29,139	33,785
Restricted equity securities	3,633	4,021
Loans and loans held-for-sale	'	'
Commercial & Industrial	346	435
Commercial real estate	1,239	1,763
Residential real estate - 1st lien	1,689	1,507
Residential real estate - Jr. lien	483	271
Consumer	0	0
Mortgage servicing rights	1,608	1,010
Accrued interest receivable	1,778	1,751
Financial liabilities: (in thousands)	'	'
Deposits, Other deposits	464,220	463,168
Deposits, Brokered deposits	18,401	14,559
Federal funds purchased and short-term borrowings	0	0
Long-term borrowings	0	6,004
Repurchase agreements	29,645	34,150
Capital lease obligations	711	775
Subordinated debentures	12,880	13,158
Accrued interest payable	75	93
Fair Value Level 3	'	'
Financial assets: (in thousands)	'	'
Cash and cash equivalents	0	0
Securities held-to-maturity	0	0
Fair Value - Available for sale Securities	0	0
Restricted equity securities	0	0
Loans and loans held-for-sale	'	'
Commercial & Industrial	56,035	49,441
Commercial real estate	157,843	139,175
Residential real estate - 1st lien	174,776	175,559
Residential real estate - Jr. lien	45,785	47,484
Consumer	9,130	11,079
Mortgage servicing rights	0	0
Accrued interest receivable	0	0
Financial liabilities: (in thousands)	'	'
Deposits, Other deposits	0	0
Deposits, Brokered deposits	0	0
Federal funds purchased and short-term borrowings	0	0
Long-term borrowings	0	0
Repurchase agreements	0	0
Capital lease obligations	0	0
Subordinated debentures	0	0
Accrued interest payable	0	0
Carrying Amount	'	'
Financial assets: (in thousands)	'	'
Cash and cash equivalents	18,330	29,882
Securities held-to-maturity	37,937	41,866
Fair Value - Available for sale Securities	35,189	40,886
Restricted equity securities	3,633	4,021
Loans and loans held-for-sale	'	'
Commercial & Industrial	55,069	48,819
Commercial real estate	154,696	138,166
Residential real estate - 1st lien	171,498	169,424
Residential real estate - Jr. lien	45,292	46,661
Consumer	8,708	10,495
Mortgage servicing rights	1,329	1,010
Accrued interest receivable	1,778	1,751
Financial liabilities: (in thousands)	'	'
Deposits, Other deposits	463,160	460,939
Deposits, Brokered deposits	18,393	14,558
Federal funds purchased and short-term borrowings	0	0
Long-term borrowings	0	6,000
Repurchase agreements	29,645	34,150
Capital lease obligations	711	775
Subordinated debentures	12,887	12,887
Accrued interest payable	75	93
Fair Value	'	'
Financial assets: (in thousands)	'	'
Cash and cash equivalents	18,330	29,882
Securities held-to-maturity	38,370	42,291
Fair Value - Available for sale Securities	35,189	40,886
Restricted equity securities	3,633	4,021
Loans and loans held-for-sale	'	'
Commercial & Industrial	56,381	49,876
Commercial real estate	159,082	140,938
Residential real estate - 1st lien	176,465	177,066
Residential real estate - Jr. lien	46,268	47,755
Consumer	9,130	11,079
Mortgage servicing rights	1,608	1,010
Accrued interest receivable	1,778	1,751
Financial liabilities: (in thousands)	'	'
Deposits, Other deposits	464,220	463,168
Deposits, Brokered deposits	18,401	14,559
Federal funds purchased and short-term borrowings	0	0
Long-term borrowings	0	6,004
Repurchase agreements	29,645	34,150
Capital lease obligations	711	775
Subordinated debentures	12,880	13,158
Accrued interest payable	$75	$93

22_Condensed_Financial_Informa2

22. Condensed Financial Information (Parent Company Only) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Assets	'	'	'
Total assets	$573,667,404	$575,738,245	'
Liabilities	'	'	'
Junior subordinated debentures	12,887,000	12,887,000	'
Total liabilities	527,531,427	532,385,670	'
Shareholders' Equity	'	'	'
Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding at December 31, 2013 and 2012 ($100,000 liquidation value)	2,500,000	2,500,000	'
Common stock - $2.50 par value; 10,000,000 shares authorized at December 31, 2013 and 2012, and 5,078,707 and 5,023,026 shares issued at December 31, 2013 and 2012, respectively (including 13,448 and 19,182 shares issued February 1, 2014 and 2013, respectively)	12,696,768	12,557,565	'
Additional paid-in capital	28,612,308	28,047,829	'
Retained earnings	4,997,144	2,698,200	'
Accumulated other comprehensive (loss) income	-47,466	171,758	'
Less: treasury stock, at cost; 210,101 shares at December 31, 2013 and 2012	-2,622,777	-2,622,777	'
Total shareholders' equity	46,135,977	43,352,575	40,918,409
Total liabilities and shareholders' equity	573,667,404	575,738,245	'
Parent Company [Member]	'	'	'
Assets	'	'	'
Cash	410,075	236,514	196,945
Investment in subsidiary - Community National Bank	58,490,098	55,650,407	'
Investment in Capital Trust	387,000	387,000	'
Income taxes receivable	235,559	436,944	'
Total assets	59,522,732	56,710,865	'
Liabilities	'	'	'
Junior subordinated debentures	12,887,000	12,887,000	'
Dividends payable	499,755	471,290	'
Total liabilities	13,386,755	13,358,290	'
Shareholders' Equity	'	'	'
Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding at December 31, 2013 and 2012 ($100,000 liquidation value)	2,500,000	2,500,000	'
Common stock - $2.50 par value; 10,000,000 shares authorized at December 31, 2013 and 2012, and 5,078,707 and 5,023,026 shares issued at December 31, 2013 and 2012, respectively (including 13,448 and 19,182 shares issued February 1, 2014 and 2013, respectively)	12,696,768	12,557,565	'
Additional paid-in capital	28,612,308	28,047,829	'
Retained earnings	4,997,144	2,698,200	'
Accumulated other comprehensive (loss) income	-47,466	171,758	'
Less: treasury stock, at cost; 210,101 shares at December 31, 2013 and 2012	-2,622,777	-2,622,777	'
Total shareholders' equity	46,135,977	43,352,575	'
Total liabilities and shareholders' equity	$59,522,732	$56,710,865	'

22_Condensed_Financial_Informa3

22. Condensed Financial Information (Parent Company Only) (Details 1) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Expense	'	'	'	'	'	'	'	'	'	'
Interest on junior subordinated debentures	'	'	'	'	'	'	'	'	$409,938	$974,257
Income tax benefit	'	'	'	'	'	'	'	'	1,131,087	-139,488
Net income	1,451,600	1,354,933	1,238,344	1,041,778	1,147,298	1,267,351	1,021,192	964,849	5,086,655	4,400,690
Parent Company [Member]	'	'	'	'	'	'	'	'	'	'
Income	'	'	'	'	'	'	'	'	'	'
Bank subsidiary distributions	'	'	'	'	'	'	'	'	2,485,000	2,863,000
Dividends on Capital Trust	'	'	'	'	'	'	'	'	12,310	29,257
Total income	'	'	'	'	'	'	'	'	2,497,310	2,892,257
Expense	'	'	'	'	'	'	'	'	'	'
Interest on junior subordinated debentures	'	'	'	'	'	'	'	'	409,938	974,257
Administrative and other	'	'	'	'	'	'	'	'	295,191	340,129
Total expense	'	'	'	'	'	'	'	'	705,129	1,314,386
Income before applicable income tax benefit and equity in undistributed net income of subsidiary	'	'	'	'	'	'	'	'	1,792,181	1,577,871
Income tax benefit	'	'	'	'	'	'	'	'	235,559	436,944
Income before equity in undistributed net income of subsidiary	'	'	'	'	'	'	'	'	2,027,740	2,014,815
Equity in undistributed net income of subsidiary	'	'	'	'	'	'	'	'	3,058,915	2,385,875
Net income	'	'	'	'	'	'	'	'	$5,086,655	$4,400,690

22_Condensed_Financial_Informa4

22. Condensed Financial Information (Parent Company Only) (Details 2) (USD $)

3 Months Ended

12 Months Ended

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Parent Company [Member]

Cash Flows from Operating Activities

Net income

$1,451,600

$1,354,933

$1,238,344

$1,041,778

$1,147,298

$1,267,351

$1,021,192

$964,849

$5,086,655

$4,400,690

$5,086,655

$4,400,690

Adjustments to reconcile net income to net cash provided by operating activities

Equity in undistributed net income of subsidiary

-3,058,915

-2,385,875

Decrease (increase) in income taxes receivable

201,385

-20,162

Net cash provided by operating activities

10,507,078

7,283,123

2,229,125

1,994,653

Cash Flows from Financing Activities

Dividends paid on preferred stock

81,250

187,500

-81,250

-187,500

Dividends paid on common stock

1,974,314

1,767,584

-1,974,314

-1,767,584

Net cash used in financing activities

-6,568,506

19,583,862

-2,055,564

-1,955,084

Net increase in cash

-11,551,851

6,417,064

173,561

39,569

Cash

410,075

236,514

196,945

Cash Received for Income Taxes

436,944

416,781

Cash Paid for Interest

3,459,327

4,939,632

409,938

974,257

Dividends paid:

Dividends declared

-2,706,461

-2,666,741

2,706,461

2,666,741

Increase in dividends payable attributable to dividends declared

-28,465

-49,467

-28,465

-49,467

Dividends reinvested

-703,682

-849,690

-703,682

-849,690

Total common shares dividends paid

$1,974,314

$1,767,584

22_Condensed_Financial_Informa5

22. Condensed Financial Information (Parent Company Only) (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	25	25
Preferred stock, shares outstanding (in shares)	25	25
Preferred stock liquidation value	$100,000	$100,000
Common stock par value (in dollars per share)	$2.50	$2.50
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,078,707	5,023,026
Treasury stock (in shares)	210,101	210,101
Parent Company [Member]	'	'
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	25	25
Preferred stock, shares outstanding (in shares)	25	25
Preferred stock liquidation value	$100,000	$100,000
Common stock par value (in dollars per share)	$2.50	$2.50
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,078,707	5,023,026
Treasury stock (in shares)	210,101	210,101

23_Quarterly_Financial_Data_Un1

23. Quarterly Financial Data (Unaudited) (Details) (USD $)	3 Months Ended								12 Months Ended
23. Quarterly Financial Data (Unaudited) (Details) (USD $)	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]	'	'	'	'	'	'	'	'	'	'
Interest income	$5,665,748	$5,607,136	$5,804,849	$5,562,049	$5,816,492	$5,782,081	$5,632,862	$5,589,896	$22,639,782	$22,821,331
Interest expense	795,508	819,426	892,403	934,797	1,133,845	1,238,391	1,239,156	1,270,927	3,442,134	4,882,319
Provision for loan losses	206,250	137,500	120,000	206,250	249,999	249,999	249,999	250,003	670,000	1,000,000
Non-interest income	1,553,093	1,540,425	1,520,858	1,368,192	1,770,734	1,530,217	1,533,032	1,354,977	5,982,568	6,188,960
Non-interest expense	4,413,325	4,471,596	4,818,263	4,589,290	5,045,602	4,553,023	4,718,213	4,549,932	18,292,474	18,866,770
Net income	$1,451,600	$1,354,933	$1,238,344	$1,041,778	$1,147,298	$1,267,351	$1,021,192	$964,849	$5,086,655	$4,400,690
Earnings per common share	$0.29	$0.28	$0.25	$0.21	$0.23	$0.26	$0.20	$0.19	$1.03	$0.88

24_Other_Income_and_Other_Expe2

24. Other Income and Other Expenses (Details) (USD $)	12 Months Ended
24. Other Income and Other Expenses (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Income	'	'
Income from investment in CFSG Partners	$287,252	$149,715
Expenses	'	'
Marketing	321,586	284,641
State deposit tax	532,592	516,348
Amortization of tax credit investments	473,842	1,175,177
ATM fees	401,147	363,478
Telephone	$358,801	$338,239