Consolidated Statements of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 848,159	$ 667,102
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	217,661	234,632
Provision for loan losses	300,000	0
Stock compensation expense	64,528	37,024
Gain on sale of securities	(424,971)	0
Net losses on sales of loans and other assets	(201,582)	(75,910)
Changes in other operating assets and liabilities:
Accrued interest receivable	60,851	80,855
Accrued interest payable	(27,094)	3,800
Other assets and liabilities	1,096,992	1,957,037
Net cash provided by operating activities	1,934,544	2,904,540
CASH FLOWS FROM INVESTING ACTIVITIES
Securities available for sale	21,494,189	19,474,936
Securities held to maturity	5,012	11,523
Purchase of securities available for sale	(46,297,289)	(19,672,373)
Loan originations and principal collections, net	(1,822,518)	(3,397,662)
Purchase of bank premises and equipment	(3,254)	(61,432)
Proceeds from sale of other real estate and other assets	2,398,465	1,916,855
Net cash (used in) investing activities	(24,225,395)	(1,728,153)
CASH FLOWS FROM FINANCING ACTIVITIES
Net (decrease) / increase in deposits	(5,681,328)	7,697,663
Net increase / (decrease) in federal funds purchased and securities sold under agreements to repurchase	3,319,677	(6,091,691)
Net payments on Federal Home Loan Bank advances and other borrowings	(5,435,000)	(5,435,000)
Payment of dividends on preferred stock	(683,893)	(440,031)
Issuance of common stock	77,019	0
Issuance of preferred stock	0	1,089,086
Net cash (used in) financing activities	(8,403,525)	(3,179,973)
NET (DECREASE) IN CASH AND CASH EQUIVALENTS	(30,694,376)	(2,003,586)
CASH AND CASH EQUIVALENTS, beginning of period	59,395,238	38,882,691
CASH AND CASH EQUIVALENTS, end of period	28,700,862	36,879,105
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for interest	1,908,364	2,527,205
Cash paid during the period for taxes	0	913,327
NONCASH INVESTING AND FINANCING ACTIVITIES
Acquisition of real estate through foreclosure	$ 1,604,806	$ 6,121,012