Consolidated Balance Sheets (USD $)	Dec. 31, 2012	Dec. 31, 2011
ASSETS
Cash and due from banks	$ 4,757,889	$ 4,728,895
Interest-bearing deposits	35,166,448	10,369,075
Federal funds sold	48,009	2,136,375
Securities available for sale, at fair value	36,700,520	41,799,121
Restricted securities	1,584,700	1,991,200
Loans, net of allowance for loan losses of $3,093,623 and $3,188,541	236,144,526	233,501,281
Premises and equipment, net	11,611,688	12,300,274
Accrued interest receivable	1,070,763	1,161,191
Other real estate owned, net of valuation allowance	3,151,346	2,279,935
Goodwill	2,807,842	2,807,842
Other assets	1,753,945	2,136,907
Total assets	334,797,676	315,212,096
LIABILITIES
Noninterest-bearing deposits	50,467,907	43,803,349
Savings and interest-bearing demand deposits	117,954,879	105,269,889
Time deposits	106,751,785	116,444,867
Total deposits	275,174,571	265,518,105
Securities sold under repurchase agreements	6,459,839	5,277,158
Federal Home Loan Bank advances	15,000,000	15,000,000
Other liabilities	1,578,295	1,402,049
Total liabilities	298,212,705	287,197,312
SHAREHOLDERS' EQUITY
Common stock ($5 par value; authorized - 10,000,000 shares; outstanding - 4,810,856 and 2,610,856 shares, respectively)	24,054,280	13,054,280
Additional paid-in capital	2,670,021	4,971,531
Retained earnings	10,241,396	9,543,634
Accumulated other comprehensive (loss) income, net	(380,726)	445,339
Total shareholders' equity	36,584,971	28,014,784
Total liabilities and shareholders' equity	$ 334,797,676	$ 315,212,096