Note 18 - Parent Company Only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Condensed Balance Sheet [Table Text Block]

Assets	2012			2011
Cash and due from banks	$	1,072,434		$	3,542,484
Interest-bearing deposits at financial institutions		185,113			183,176
Securities available for sale, at fair value		1,406,876			1,252,658
Investment in bank subsidiaries		182,465,733			181,045,066
Investment in nonbank subsidiaries		1,202,791			2,510,382
Premises and equipment, net		3,318,757			-
Other assets		7,720,933			5,196,321
Total assets	$	197,372,637		$	193,730,087
Liabilities and Stockholders' Equity
Liabilities:
Other borrowings	$	10,077,769		$	6,231,663
Junior subordinated debentures		36,085,000			36,085,000
Other liabilities		10,776,047			9,032,260
Total liabilities		56,938,816			51,348,923
Stockholders' Equity:
Preferred stock		54,867			65,090
Common stock		5,039,448			4,879,435
Additional paid-in capital		78,912,791			89,702,533
Retained earnings		53,326,542			44,585,902
Accumulated other comprehensive income		4,706,683			4,754,714
Treasury stock		(1,606,510	)		(1,606,510	)
Total stockholders' equity		140,433,821			142,381,164
Total liabilities and stockholders' equity	$	197,372,637		$	193,730,087

Schedule of Condensed Income Statement [Table Text Block]

	2012		2011		2010
Total interest income	$	57,136	$	62,521	$	43,157
Equity in net income of bank subsidiaries		17,206,086		14,449,843		11,223,115
Equity in net income of nonbank subsidiaries		168,934		174,058		199,285
Other *		657,733		129,773		46,030
Total income		18,089,889		14,816,195		11,511,587
Interest expense		1,408,948		1,562,323		2,296,446
Salaries and employee benefits		4,717,609		4,078,474		3,153,062
Professional fees		988,306		1,103,910		1,192,225
Other-than-temporary impairment losses on securities		62,400		118,847		-
Other		760,618		783,460		743,859
Total expenses		7,937,881		7,647,014		7,385,592
Income before income tax benefit		10,152,008		7,169,181		4,125,995
Income tax benefit		2,465,759		2,522,467		2,460,684
Net income	$	12,617,767	$	9,691,648	$	6,586,679

Schedule of Condensed Cash Flow Statement [Table Text Block]

	2012			2011			2010
Cash Flows from Operating Activities:
Net income	$	12,617,767		$	9,691,648		$	6,586,679
Adjustments to reconcile net income to net cash provided by operating activities:
Distributions in excess of (less than) earnings of:
Bank subsidiaries		(3,706,086	)		(4,449,843	)		(4,573,115	)
Nonbank subsidiaries		(132,911	)		133,951			(141,234	)
Depreciation		-			54			590
Other-than-temporary impairment losses on securities		62,400			118,847			-
Stock-based compensation expense		849,760			646,419			533,271
Increase in other assets		(437,827	)		(65,205	)		(2,935,064	)
Increase in other liabilities		1,930,733			658,610			926,645
Net cash provided by operating activities		11,183,836			6,734,481			397,772
Cash Flows from Investing Activities:
Net increase in interest-bearing deposits at financial instituions		(1,937	)		(1,227	)		(940	)
Purchase of securities available for sale		(53,501	)		(58,149	)		(27,980	)
Capital infusion, bank subsidiaries		-			(1,693,679	)		(2,700,000	)
Increase in cash from dissolution of VPHC		99,645			-			-
Net cash provided by (used in) investing activities		44,207			(1,753,055	)		(2,728,920	)
Cash Flows from Financing Activities:
Net increase (decrease) in other borrowings		2,008,099			1,107,630			(2,491,727	)
Proceeds from issuance of Series A Subordinated Notes and detachable warrants to purchase 54,000 shares of common stock		-			-			2,700,000
Payment of cash dividends on common and preferred stock		(4,088,949	)		(3,712,493	)		(4,052,089	)
Redemption of 10,223 shares of Series F Noncumulative Perpetual Preferred Stock, net		(10,223,000	)		-			-
Proceeds from issuance of 40,090 shares of Series F Noncumulative Perpetual Preferred Stock, net		-			39,996,922			-
Redemption of Series D Cumulative Perpetual Preferred Stock, net		-			(38,237,000	)		-
Repurchase of 521,888 shares of common stock warrants issued in conjunction with Series D Cumulative Perpetual Preferred Stock		-			(1,100,000	)		-
Proceeds from issuance of Series E Noncumulative Convertible Perpetual Preferred Stock, net		-			-			3,187,233
Proceeds from issuance of common stock, net		994,174			477,339			261,547
Purchase of noncontrolling interests		(2,388,417	)		-			(149,032	)
Net cash used in financing activities		(13,698,093	)		(1,467,602	)		(544,068	)
Net increase (decrease) in cash and due from banks		(2,470,050	)		3,513,824			(2,875,216	)
Cash and due from banks:
Beginning		3,542,484			28,660			2,903,876
Ending	$	1,072,434		$	3,542,484		$	28,660
Supplemental Schedule of Noncash Investing Activities:
Dissolution of VPHC (see Note 1)
Assets acquired:
Cash	$	99,645		$	-		$	-
Premises		3,318,757			-			-
Other assets		12,473			-			-
Total assets		3,430,875			-			-
Liabilities assumed:
Other borrowings		1,838,007			-			-
Other liabilities		14,461			-			-
Total liabilities		1,852,468			-			-
Net		1,578,407			-			-