NOTE 5 - FAIR VALUE MEASURMENT (Detail) - Fair value of financial assets and liabilities (USD $)	Jun. 30, 2012	Dec. 31, 2011
Financial Assets
Investment securities	$ 78,031,000	$ 67,610,693
Financial Liabilities
Deposits	324,367,450	327,793,091
Borrowings	27,065,399	28,481,999
Fair Value Assets Liabilities Carrying Amount
Financial Assets
Cash and federal funds sold	22,426	42,093
Investment securities	78,031	67,611
Loans, net of allowance for loan losses	298,009	291,254
Loans held for sale	447	486
Bank owned life insurance	7,217	7,083
Other investments, at cost	2,741	4,405
TOTAL Financial Assets	408,871	412,932
Financial Liabilities
Deposits	324,367	327,793
Borrowings	38,151	40,041
TOTAL Financial Liabilities	362,518	367,834
Estimated Fair Value
Financial Assets
Cash and federal funds sold	22,426	42,093
Investment securities	78,031	67,611
Loans, net of allowance for loan losses	296,549	291,427
Loans held for sale	447	486
Bank owned life insurance	7,217	7,083
Other investments, at cost	2,741	4,405
TOTAL Financial Assets	407,411	413,105
Financial Liabilities
Deposits	325,732	328,864
Borrowings	40,255	41,935
TOTAL Financial Liabilities	365,987	370,799
Fair Value, Inputs, Level 1 [Member]
Financial Assets
Cash and federal funds sold	22,426	42,093
Investment securities	0	0
Loans, net of allowance for loan losses	0	0
Loans held for sale	0	0
Bank owned life insurance	0	0
Other investments, at cost	0	0
TOTAL Financial Assets	22,426	42,093
Financial Liabilities
Deposits	0	0
Borrowings	0	0
TOTAL Financial Liabilities	0	0
Fair Value, Inputs, Level 2 [Member]
Financial Assets
Cash and federal funds sold	0	0
Investment securities	74,411	63,568
Loans, net of allowance for loan losses	0	0
Loans held for sale	447	486
Bank owned life insurance	7,217	7,083
Other investments, at cost	0	0
TOTAL Financial Assets	82,075	71,137
Financial Liabilities
Deposits	0	0
Borrowings	0	0
TOTAL Financial Liabilities	0	0
Fair Value, Inputs, Level 3 [Member]
Financial Assets
Cash and federal funds sold	0	0
Investment securities	3,620	4,043
Loans, net of allowance for loan losses	296,549	291,427
Loans held for sale	0	0
Bank owned life insurance	0	0
Other investments, at cost	2,741	4,405
TOTAL Financial Assets	302,910	299,875
Financial Liabilities
Deposits	325,732	328,864
Borrowings	40,255	41,935
TOTAL Financial Liabilities	$ 365,987	$ 370,799

DENMARK BANCSHARES INC 10-Q