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Consolidated Statement of Changes in Stockholders' Equity (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 120,000 0 0 120,000 0 0
Issuance of common stock, 80,324 shares 191,001 0 80,324 110,677 0 0
Preferred stock dividends paid (1,125,000) 0 0 0 (1,125,000) 0
Accretion on preferred stock 0 53,537 0 0 (53,537) 0
Net income 1,227,325 0 0 0 1,227,325 0
Unrealized holding losses on securities available for sale, net of reclassification adjustment (150,978) 0 0 0 0 (150,978)
BALANCE at Sep. 30, 2014 $ 40,396,076 $ 14,946,464 $ 6,627,398 $ 21,780,560 $ (3,050,663) $ 92,317