Consolidated Balance Sheet (USD $)	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and due from banks	$ 13,963,464	$ 4,728,895
Interest-bearing deposits	13,170,952	10,369,075
Federal funds sold	230,295	2,136,375
Securities available for sale, at fair value	34,289,311	41,799,121
Restricted securities	1,675,300	1,991,200
Loans, net of allowance for loan losses of $3,340,958 and $3,188,541	238,149,621	233,501,281
Premises and equipment, net	11,954,993	12,300,274
Accrued interest receivable	1,190,789	1,161,191
Other real estate owned, net of valuation allowance	2,729,966	2,279,935
Goodwill	2,807,842	2,807,842
Other assets	1,739,553	2,136,907
Total assets	321,902,086	315,212,096
LIABILITIES
Noninterest-bearing deposits	46,056,610	43,803,349
Savings and interest-bearing demand deposits	107,990,005	105,269,889
Time deposits	114,369,326	116,444,867
Total deposits	268,415,941	265,518,105
Securities sold under repurchase agreements	9,072,400	5,277,158
Federal Home Loan Bank advances	15,000,000	15,000,000
Other liabilities	1,382,713	1,402,049
Commitments and contingencies
Total liabilities	293,871,054	287,197,312
SHAREHOLDERS' EQUITY
Common stock ($5 par value; authorized - 5,000,000 shares; outstanding - 2,610,856 shares)	13,054,280	13,054,280
Additional paid-in capital	4,974,456	4,971,531
Retained earnings	9,746,311	9,543,634
Accumulated other comprehensive income, net	255,985	445,339
Total shareholders' equity	28,031,032	28,014,784
Total liabilities and shareholders' equity	$ 321,902,086	$ 315,212,096