XML 42 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Series F Noncumulative Perpetual Preferred Stock [Member]
Preferred Stock [Member]
Series F Noncumulative Perpetual Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series F Noncumulative Perpetual Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Treasury Stock [Member]
Total
Balance at Dec. 31, 2013       $ 29,867 $ 8,005,708 $ 90,154,528 $ 64,637,173 $ (13,643,986) $ (1,606,510) $ 147,576,780
Net income             3,889,215     3,889,215
Other comprehensive income, net of tax               5,230,784   5,230,784
Preferred cash dividends declared and accrued             (708,008)     (708,008)
Redemption of Noncumulative Perpetual Preferred Stock $ (15,000) $ (14,985,000) $ (15,000,000)              
Proceeds from issuance of common stock as a result of stock purchased under the Employee Stock Purchase Plan         6,189 78,256       84,445
Proceeds from issuance of common stock as a result of stock options exercised         9,814 85,582       95,396
Stock compensation expense           347,752       347,752
Tax benefit of nonqualified stock options exercised           18,647       18,647
Restricted stock awards         27,197 (27,197)        
Exchange of shares of common stock in connection with restricted stock vested         (10,300) (167,684)       (177,984)
Balance at Mar. 31, 2014       14,867 8,038,608 75,504,884 67,818,380 (8,413,202) (1,606,510) 141,357,027
Balance at Dec. 31, 2013       29,867 8,005,708 90,154,528 64,637,173 (13,643,986) (1,606,510) 147,576,780
Net income                   7,897,051
Other comprehensive income, net of tax                   9,706,798
Balance at Jun. 30, 2014         8,049,889 60,999,044 71,137,294 (3,937,188) (1,606,510) 134,642,529
Balance at Mar. 31, 2014       $ 14,867 8,038,608 75,504,884 67,818,380 (8,413,202) (1,606,510) 141,357,027
Net income             4,007,836     4,007,836
Other comprehensive income, net of tax               4,476,014   4,476,014
Preferred cash dividends declared and accrued             (373,869)     (373,869)
Redemption of Noncumulative Perpetual Preferred Stock $ (14,867) $ (14,809,055) $ (14,823,922)              
Common cash dividends declared             (315,053)     (315,053)
Proceeds from issuance of common stock as a result of stock purchased under the Employee Stock Purchase Plan         8,361 119,797       128,158
Proceeds from issuance of common stock as a result of stock options exercised         630 5,159       5,789
Stock compensation expense           179,265       179,265
Tax benefit of nonqualified stock options exercised           1,284       1,284
Restricted stock awards         2,290 (2,290)        
Balance at Jun. 30, 2014         8,049,889 60,999,044 71,137,294 (3,937,188) (1,606,510) 134,642,529
Balance at Dec. 31, 2014         8,074,443 61,668,968 77,876,824 (1,935,216) (1,606,510) 144,078,509
Net income             4,177,889     4,177,889
Other comprehensive income, net of tax               2,220,865   2,220,865
Proceeds from issuance of common stock as a result of stock purchased under the Employee Stock Purchase Plan         5,679 82,641       88,320
Proceeds from issuance of common stock as a result of stock options exercised         9,688 94,728       104,416
Stock compensation expense           367,775       367,775
Tax benefit of nonqualified stock options exercised           15,651       15,651
Restricted stock awards         26,502 (26,502)        
Exchange of shares of common stock in connection with restricted stock vested         (3,272) (54,188)       (57,460)
Balance at Mar. 31, 2015         8,113,040 62,149,073 82,054,713 285,649 (1,606,510) 150,995,965
Balance at Dec. 31, 2014         8,074,443 61,668,968 77,876,824 (1,935,216) (1,606,510) 144,078,509
Net income                   3,654,071
Other comprehensive income, net of tax                   (158,056)
Balance at Jun. 30, 2015         11,819,824 122,511,186 81,066,189 (2,093,272) (1,606,510) 211,697,417
Balance at Mar. 31, 2015         8,113,040 62,149,073 82,054,713 285,649 (1,606,510) 150,995,965
Net income             (523,818)     (523,818)
Other comprehensive income, net of tax               (2,378,921)   (2,378,921)
Common cash dividends declared             (464,706)     (464,706)
Proceeds from issuance of 3,680,000 shares of common stock, net of issuance costs         3,680,000 59,804,123       63,484,123
Proceeds from issuance of common stock as a result of stock purchased under the Employee Stock Purchase Plan         8,558 128,927       137,485
Proceeds from issuance of common stock as a result of stock options exercised         17,240 238,717       255,957
Stock compensation expense           186,751       186,751
Tax benefit of nonqualified stock options exercised           15,827       15,827
Restricted stock awards         1,616 (1,616)        
Exchange of shares of common stock in connection with restricted stock vested         (630) (10,616)       (11,246)
Balance at Jun. 30, 2015         $ 11,819,824 $ 122,511,186 $ 81,066,189 $ (2,093,272) $ (1,606,510) $ 211,697,417