Condensed Consolidated Statements of Financial Condition (September 30, 2012 Unaudited) (USD $)	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Cash	$ 6,850,546	$ 7,200,969
Interest-bearing deposits in other financial institutions	31,791,217	19,373,113
Cash and cash equivalents	38,641,763	26,574,082
Interest-bearing deposits		5,587,654
Available-for-sale securities	98,377,999	81,064,878
Held-to-maturity securities	189,278	218,571
Stock in Federal Home Loan Bank, at cost	3,805,500	3,846,900
Mortgage loans held for sale	4,366,040	3,702,849
Loans receivable, net of allowance for loan losses of September 30, 2012 - $8,476,454 - December 31, 2011 - $10,613,145	461,900,086	478,960,736
Accrued interest receivable:
Loans	1,707,332	1,752,786
Investments and interest-bearing deposits	361,135	386,534
Prepaid expenses and other assets	6,532,013	7,116,067
Prepaid FDIC deposit insurance premiums	1,571,464	2,089,076
Foreclosed assets held for sale	5,842,602	10,012,035
Premises and equipment	11,356,991	11,423,822
Bank owned life insurance	13,556,029	10,770,887
Income taxes receivable	1,109,110	512,666
Deferred income taxes	4,266,507	4,486,315
	653,583,849	648,505,858
LIABILITIES
Deposits	493,377,320	484,583,665
Federal Home Loan Bank advances	68,050,000	68,050,000
Securities sold under agreements to repurchase	25,000,000	25,000,000
Subordinated debentures	15,465,000	15,465,000
Advances from borrowers for taxes and insurance	468,583	156,509
Accrued expenses and other liabilities	813,909	496,956
Accrued interest payable	417,952	518,881
	603,592,764	594,271,011
COMMITMENTS AND CONTINGENCIES
Capital Stock:
Series A preferred stock, $0.01 par value; authorized 2,000,000 shares; issued and outstanding at September 30, 2012 and December 31, 2011 - 12,000 and 17,000 shares, respectively	11,740,647	16,425,912
Common stock, $0.10 par value; authorized 10,000,000 shares; issued September 30, 2012 and December 31, 2011 - 6,781,803 and 6,779,800 shares, respectively	678,180	677,980
Common stock warrants; September 30, 2012 and December 31, 2011 - 459,459 shares	1,377,811	1,377,811
Additional paid-in capital	58,243,539	58,333,614
Unearned ESOP shares	(33,930)	(204,930)
Retained earnings, substantially restricted	38,040,816	38,456,991
Accumulated other comprehensive income
Unrealized appreciation on available-for-sale securities, net of income taxes	1,313,366	791,285
	111,360,429	115,858,663
Treasury stock, at cost; September 30, 2012 and December 31, 2011 - 4,056,862 and 4,072,156 shares, respectively	(61,369,344)	(61,623,816)
	49,991,085	54,234,847
	$ 653,583,849	$ 648,505,858