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Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,889,215 $ 3,265,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 692,562 584,884
Provision for loan/lease losses 1,094,162 1,057,782
Stock-based compensation expense 347,752 293,798
Deferred compensation expense accrued 347,850 204,794
Losses on other real estate owned, net 18,048 446,630
Amortization of premiums on securities, net 535,951 974,045
Securities gains (20,625)  
Loans originated for sale (6,354,404) (26,928,996)
Proceeds on sales of loans 7,678,600 30,382,098
Gains on sales of residential real estate loans (63,487) (291,151)
Gains on sales of government guaranteed portions of loans (194,019) (845,224)
Amortization of core deposit intangible 49,878  
Accretion of acquisition fair value adjustments, net (161,042)  
Increase in cash value of bank-owned life insurance (454,164) (438,687)
Decrease in other assets 3,804,360 587,964
Decrease in other liabilities (8,049,459) (2,056,297)
Net cash provided by operating activities 3,161,178 7,236,784
CASH FLOWS FROM INVESTING ACTIVITIES    
Net decrease in federal funds sold 27,865,000 26,560,000
Net increase in interest-bearing deposits at financial institutions (11,344,360) (11,422,165)
Proceeds from sales of other real estate owned 97,120 15,989
Activity in securities portfolio:    
Purchases (26,142,834) (187,650,573)
Calls, maturities and redemptions 10,563,599 82,114,256
Paydowns 6,547,632 12,893,508
Sales 7,020,625  
Activity in restricted investment securities:    
Purchases (1,040,000) (1,743,750)
Redemptions 814,900 2,193,900
Net increase in loans/leases originated and held for investment (33,066,658) (7,125,623)
Purchase of premises and equipment (563,035) (775,714)
Net cash used in investing activities (19,248,011) (84,940,172)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposit accounts 24,915,536 46,379,158
Net increase in short-term borrowings 16,276,145 770,510
Advances 60,700,000 46,000,000
Calls and maturities (56,350,000) (43,000,000)
Net decrease in other borrowings (200,000)  
Payment of cash dividends on common and preferred stock (941,177) (1,002,789)
Net cash provided by financing activities 29,580,345 49,389,079
Net increase (decrease) in cash and due from banks 13,493,512 (28,314,309)
Cash and due from banks, beginning 41,950,790 61,568,446
Cash and due from banks, ending 55,444,302 33,254,137
Supplemental disclosure of cash flow information, cash payments for:    
Interest 4,140,254 4,472,977
Income/franchise taxes 1,365,000 717,300
Supplemental schedule of noncash investing activities:    
Change in accumulated other comprehensive income (loss), unrealized gains (losses) on securities available for sale, net 5,230,784 (836,358)
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised (177,984) (424,587)
Transfers of loans to other real estate owned 60,750 187,500
Series F Noncumulative Perpetual Preferred Stock [Member]
   
CASH FLOWS FROM FINANCING ACTIVITIES    
Redemption of 15,000 shares of Series F Noncumulative Perpetual Preferred Stock, net (15,000,000)  
Common Stock [Member]
   
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock, net $ 179,841 $ 242,200