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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 33,254,137 $ 61,568,446
Federal funds sold   26,560,000
Interest-bearing deposits at financial institutions 33,781,655 22,359,490
Securities held to maturity, at amortized cost 87,006,209 72,079,385
Securities available for sale, at fair value 605,545,374 530,159,986
Total securities 692,551,583 602,239,371
Loans receivable held for sale 2,260,506 4,577,233
Loans/leases receivable held for investment 1,289,535,005 1,282,810,406
Gross loans/leases receivable 1,291,795,511 1,287,387,639
Less allowance for estimated losses on loans/leases (20,769,462) (19,925,204)
Net loans/leases receivable 1,271,026,049 1,267,462,435
Premises and equipment, net 31,453,220 31,262,390
Goodwill 3,222,688 3,222,688
Bank-owned life insurance 46,059,176 45,620,489
Restricted investment securities 15,297,700 15,747,850
Other real estate owned, net 3,679,419 3,954,538
Other assets 13,665,025 13,732,795
Total assets 2,143,990,652 2,093,730,492
Deposits:    
Noninterest-bearing 496,513,304 450,659,723
Interest-bearing 923,979,954 923,454,377
Total deposits 1,420,493,258 1,374,114,100
Short-term borrowings 171,853,471 171,082,961
Federal Home Loan Bank advances 205,350,000 202,350,000
Other borrowings 138,241,912 138,239,762
Junior subordinated debentures 36,085,000 36,085,000
Other liabilities 29,768,580 31,424,848
Total liabilities 2,001,792,221 1,953,296,671
STOCKHOLDERS' EQUITY    
Preferred stock, $1 par value; shares authorized 250,000 March 2013 - 54,867 shares issued and outstanding December 2012 - 54,867 shares issued and outstanding 54,867 54,867
Common stock, $1 par value; shares authorized 20,000,000 March 2013 - 5,057,562 shares issued and 4,936,316 outstanding December 2012 - 5,039,448 shares issued and 4,918,202 outstanding 5,057,562 5,039,448
Additional paid-in capital 79,041,338 78,912,791
Retained earnings 55,780,849 53,326,542
Accumulated other comprehensive income 3,870,325 4,706,683
Less treasury stock, March 2013 and December 2012 - 121,246 common shares, at cost (1,606,510) (1,606,510)
Total stockholders' equity 142,198,431 140,433,821
Total liabilities and stockholders' equity $ 2,143,990,652 $ 2,093,730,492