Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 356,517	$ 252,275
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	111,418	62,414
Provision for loan losses	0	15,000
Stock compensation expense	18,512	19,785
Net gains on sales of loans and other assets	28,473	(34,027)
Changes in other operating assets and liabilities:
Net change in loans held for sale	37,175	(654,500)
Accrued interest receivable	(6,545)	(104,292)
Accrued interest payable	(305)	34,691
Other assets and liabilities	852,928	458,737
Net cash provided by operating activities	1,398,173	50,083
CASH FLOWS FROM INVESTING ACTIVITIES
Securities available for sale	8,331,149	8,014,091
Securities held to maturity	5,131	3,581
Purchase of securities available for sale	(10,523,308)	0
Loan originations and principal collections, net	1,643,836	5,159,587
Purchase of bank premises and equipment	(49,077)	(6,392)
Proceeds from sale of bank premises and equipment	0	45,082
Proceeds from sale of other real estate and other assets	1,458,489	62,310
Net cash provided by investing activities	866,220	13,278,259
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	1,773,714	2,039,504
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase	(7,945,510)	3,464,172
Net payments on Federal Home Loan Bank advances and other borrowings	(435,000)	(1,235,000)
Payment of dividends	(187,538)	0
Issuance of preferred stock	532,127	851,661
Net cash (used in) provided by financing activities	(6,262,207)	5,120,337
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(3,997,814)	18,448,679
CASH AND CASH EQUIVALENTS, beginning of period	38,882,691	22,981,952
CASH AND CASH EQUIVALENTS, end of period	34,884,877	41,430,631
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for interest	1,314,079	1,721,031
Cash paid during the period for taxes	913,327	0
NONCASH INVESTING AND FINANCING ACTIVITIES
Acquisition of real estate through foreclosure	$ 1,969,300	$ 7,774,928