Condensed Consolidated Statements of Financial Condition (Unaudited March 31, 2013) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Cash	$ 2,637,215	$ 3,360,102
Interest-bearing deposits in other financial institutions	40,057,756	38,303,303
Cash and cash equivalents	42,694,971	41,663,405
Available-for-sale securities	107,435,939	101,980,644
Held-to-maturity securities	136,350	181,042
Stock in Federal Home Loan Bank, at cost	3,133,600	3,805,500
Mortgage loans held for sale	1,314,333	2,843,757
Loans receivable, net of allowance for loan losses of March 31, 2013 - $8,112,081 - December 31, 2012 - $8,740,325	451,892,450	465,531,973
Accrued interest receivable:
Loans	1,621,985	1,674,814
Investments and interest-bearing deposits	304,006	380,555
Prepaid expenses and other assets	6,090,023	6,228,173
Prepaid FDIC deposit insurance premiums	1,305,631	1,438,636
Foreclosed assets held for sale	3,913,629	4,529,727
Premises and equipment	11,201,029	11,286,410
Bank owned life insurance	13,756,253	13,657,480
Income taxes receivable	968,474	910,174
Deferred income taxes	4,203,098	4,319,928
	649,971,771	660,432,218
LIABILITIES
Deposits	503,644,217	500,014,715
Federal Home Loan Bank advances	52,950,000	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	251,704	152,867
Accrued expenses and other liabilities	872,299	481,382
Accrued interest payable	347,804	399,684
	598,531,024	609,563,648
COMMITMENTS AND CONTINGENCIES
Capital Stock:
Series A preferred stock, $0.01 par value; authorized 2,000,000 shares; issued and outstanding March 31, 2013 and December 31, 2012 - 12,000 shares	11,837,905	11,789,276
Common stock, $0.10 par value; authorized 10,000,000 shares; issued March 31, 2013 and December 31, 2012 - 6,781,803 shares;	678,180	678,180
Common stock warrants; March 31, 2013 and December 31, 2012 - 459,459 shares	1,377,811	1,377,811
Additional paid-in capital	58,168,547	58,267,529
Retained earnings, substantially restricted	40,078,316	39,324,292
Accumulated other comprehensive income
Unrealized appreciation on available-for-sale securities, net of income taxes	504,126	800,826
	112,644,885	112,237,914
Treasury stock, at cost; March 31, 2013 and December 31, 2012 - 4,049,112 and 4,056,862 shares, respectively	(61,204,138)	(61,369,344)
	51,440,747	50,868,570
	$ 649,971,771	$ 660,432,218