CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) (USD $)	Sep. 30, 2011	Dec. 31, 2010
Cash and due from banks:
Interest-bearing	$ 9,109,508	$ 13,563,234
Noninterest-bearing	7,850,991	7,040,574
Total cash and due from banks	16,960,499	20,603,808
Investments in certificates of deposit	4,576,000	12,689,000
Securities available-for-sale	68,098,767	48,435,771
Restricted equity securities	3,430,600	3,017,200
Loans receivable	313,505,691	340,607,428
Allowance for loan losses	(5,066,312)	(6,146,861)
Loans receivable, net	308,439,379	334,460,567
Loans held for sale	469,720	332,178
Accrued interest receivable	1,622,117	1,754,292
Foreclosed real estate	1,386,542	4,586,399
Premises and equipment, net	11,544,541	11,498,583
Rental real estate	2,061,907	2,144,400
Title plant	671,704	671,704
Deferred taxes	1,155,197	2,151,594
Bank-owned life insurance	5,966,416	5,787,864
Prepaid FDIC assessment	1,025,686	1,353,121
Prepaid expenses and other assets	2,310,543	2,777,185
Total assets	429,719,618	452,263,666
LIABILITIES
Deposits	347,025,034	349,832,904
Borrowed funds	27,250,000	49,250,000
Advances from borrowers for taxes and insurance	951,954	1,828,430
Accrued expenses and other liabilities	2,355,444	2,177,042
Total liabilities	377,582,432	403,088,376
STOCKHOLDERS' EQUITY
Preferred stock, $.01 par value, authorized 3,000,000 shares; 10,200 shares were issued and outstanding	10,152,134	10,137,381
Common stock, $.01 par value, authorized 15,500,000 shares; at September 30, 2011 and at December 31,2010 1,355,073 and 1,351,448 shares were issued and outstanding, respectively	13,528	13,502
Additional paid-in capital	18,111,147	18,066,437
Retained earnings, substantially restricted	22,871,535	21,047,295
Accumulated other comprehensive income (loss)	988,842	(89,325)
Total stockholders' equity	52,137,186	49,175,290
Total liabilities and stockholders' equity	$ 429,719,618	$ 452,263,666