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CONSOLIDATED STATEMENTS OF INCOME (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest and Dividend Income:      
Loans, including fees $ 45,297,943 $ 43,180,698 $ 35,064,009
Taxable securities 5,357,179 5,874,019 6,327,489
Tax exempt securities 1,268,242 1,378,753 1,188,193
Interest-bearing deposits 152,891 214,529 166,239
Total interest and dividend income 52,076,255 50,647,999 42,745,930
Interest Expense:      
Deposits 3,242,652 4,350,419 5,624,402
Borrowed funds 1,058,547 1,073,016 950,866
Securities sold under agreements to repurchase 994,227 1,375,361 1,640,543
Total interest expense 5,295,426 6,798,796 8,215,811
Net interest income 46,780,829 43,849,203 34,530,119
Provision for loan losses 827,567 958,333 1,125,000
Net interest income after provision for loan losses 45,953,262 42,890,870 33,405,119
Other operating income:      
Wealth management group fee income 6,826,976 6,709,685 10,496,637
Service charges on deposit accounts 4,240,908 4,281,808 4,552,430
Net gain on securities transactions 300,516 1,108,091 450,666
Other-than-temporary loss on investment securities:      
Total impairment losses 0 (67,400) (393,005)
Loss recognized in other comprehensive income 0 0 0
Net impairment loss recognized in earnings 0 (67,400) (393,005)
Net gain on sales of loans held for sale 484,006 179,096 241,537
Casualty gains 790,248 0 0
Gains on sales of other real estate owned 57,696 93,204 42,545
Income from bank owned life insurance 86,577 88,389 87,489
Other 4,503,158 5,071,385 4,166,377
Total other operating income 17,290,085 17,464,258 19,644,676
Other operating expenses:      
Salaries and wages 18,917,724 17,136,433 15,343,811
Pension and other employee benefits 5,623,861 4,796,994 3,866,744
Net occupancy expenses 5,163,865 5,015,936 4,334,441
Furniture and equipment expenses 2,205,166 2,118,544 1,948,900
Data processing expense 4,420,953 3,915,841 3,364,240
Professional Fees 1,442,644 949,779 698,113
Amortization of intangible assets 1,046,720 1,041,193 730,894
Marketing and advertising expense 1,068,494 1,037,416 929,606
Losses on sales of other real estate owned 102,344 1,671 17,982
Other real estate owned expenses 328,182 104,829 348,939
FDIC insurance 807,493 967,254 1,196,901
Loan expense 788,473 607,732 519,805
Merger related expenses 30,145 2,255,169 482,180
Other 4,890,561 4,835,432 4,060,127
Total other operating expenses 46,836,625 44,784,223 37,842,683
Income before income tax expense 16,406,722 15,570,905 15,207,112
Income tax expense 5,384,482 5,033,150 5,105,239
Net income $ 11,022,240 $ 10,537,755 $ 10,101,873
Weighted average shares outstanding (in shares) 4,640,912 4,382,843 3,606,541
Basic and diluted earnings per share (in dollars per share) $ 2.38 $ 2.40 $ 2.80