Consolidated Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
Cash and Cash Equivalents
Cash and Due from Banks	$ 3,505,465	$ 3,833,920
Federal Funds Sold	16,150,000	14,950,000
Total Cash and Cash Equivalents	19,655,465	18,783,920
Certificates of Deposit with Other Institutions	5,458,007	4,203,007
Investment Securities Available-for-Sale, at Fair Value	1,037,475	878,100
Loans-Less Allowance for Loan Losses of $1,800,000 in 2011 and in 2010	54,380,969	60,200,514
Property, Equipment and Leasehold Improvements (Net of Depreciation and Amortization)	5,654,026	5,855,711
Other Real Estate	4,597,336	3,137,074
Other Assets	843,722	1,191,997
Letters of Credit	90,120	90,120
TOTAL ASSETS	91,717,120	94,340,443
Deposits:
Non-Interest Bearing	30,726,223	31,866,902
Interest Bearing	46,954,019	48,709,841
Notes Payable	1,144,201	1,144,201
Other Liabilities	369,900	270,955
Deferred Taxes	382,629	380,652
Letters of Credit Outstanding	90,120	90,120
Accrued Interest	108,604	104,980
TOTAL LIABILITIES	79,775,696	82,567,651
SHAREHOLDERS' EQUITY
Preferred Stock - Par Value $1; 1,796,624 Shares Issued and Outstanding in 2011; 1,810,296 Shares Issued and Outstanding in 2010	1,796,624	1,810,296
Common Stock - Par Value $1; 179,145 Shares Issued and Outstanding in 2011 and 2010	179,145	179,145
Accumulated Other Comprehensive Income	618,489	513,305
Capital in Excess of Par - Retired Stock	197,939	195,205
Retained Earnings	9,149,227	9,074,841
TOTAL SHAREHOLDERS' EQUITY	11,941,424	11,772,792
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 91,717,120	$ 94,340,443