XML 49 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Changes in Stockholders' Equity - Unaudited (USD $)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
BALANCE at Dec. 31, 2013 $ 40,133,728 $ 14,892,927 $ 6,547,074 $ 21,549,883 $ (3,099,451) $ 243,295
Stock compensation expense 40,000 0 0 40,000 0 0
Issuance of common stock, 80,324 shares 191,001 0 80,324 110,677 0 0
Preferred stock dividends paid (375,000) 0 0 0 (375,000) 0
Accretion on preferred stock 0 17,846 0 0 (17,846) 0
Net income 412,151 0 0 0 412,151 0
Unrealized holding gains on securities available for sale, net of reclassification adjustment 293,637 0 0 0 0 293,637
BALANCE at Mar. 31, 2014 $ 40,695,517 $ 14,910,773 $ 6,627,398 $ 21,700,560 $ (3,080,146) $ 536,932