Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 1,276,707	$ 1,031,348
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	295,836	418,721
Provision for loan losses	300,000	100,000
Stock compensation expense	96,793	55,536
Gains on sale of securities	(424,971)	0
Net (gains) losses on sales of loans and other assets	(240,746)	(124,109)
Changes in other operating assets and liabilities:
Accrued interest receivable	(8,063)	(24,021)
Accrued interest payable	(20,429)	25,378
Other assets and liabilities	1,509,377	2,469,965
Net cash provided by operating activities	2,784,504	3,952,818
CASH FLOWS FROM INVESTING ACTIVITIES
Securities available for sale	29,187,978	30,392,105
Securities held to maturity	8,354	16,904
Purchase of securities available for sale	(49,745,656)	(26,098,797)
Loan originations and principal collections, net	(11,836,658)	(15,547,286)
Purchase of bank premises and equipment	(17,734)	(101,036)
Proceeds from sale of other real estate and other assets	6,098,875	2,769,712
Net cash used in investing activities	(26,304,841)	(8,568,398)
CASH FLOWS FROM FINANCING ACTIVITIES
Net (decrease) / increase in deposits	(4,124,305)	14,921,054
Net increase / (decrease)in federal funds purchased and securities sold under agreements to repurchase	921,268	(10,010,775)
Net payments on Federal Home Loan Bank advances and other borrowings	(10,435,000)	(5,870,000)
Payment of dividends on preferred stock	(1,058,893)	(705,886)
Issuance of common stock	77,019	0
Issuance of preferred stock	0	2,230,029
Net cash (used in) provided by financing activities	(14,619,911)	564,422
NET (DECREASE) IN CASH AND CASH EQUIVALENTS	(38,140,248)	(4,051,158)
CASH AND CASH EQUIVALENTS, beginning of period	59,395,238	38,882,691
CASH AND CASH EQUIVALENTS, end of period	21,254,990	34,831,533
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for interest	2,770,740	3,678,025
Cash paid during the period for taxes	755,820	943,327
NONCASH INVESTING AND FINANCING ACTIVITIES
Acquisition of real estate through foreclosure	$ 1,604,806	$ 7,399,290