CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2011	Dec. 31, 2010
Current Assets
Cash and due from banks	$ 2,778,924	$ 2,144,390
Interest-bearing deposits with banks	305,405	304,721
Federal funds sold	11,413,000	6,247,000
Cash and cash equivalents	14,497,329	8,696,111
Investment securities:
Available-for-sale, at fair value	1,280,874	1,338,898
Held-to-maturity, at amortized cost (fair value of $17,738,368 and $15,242,856 in 2011 and 2010, respectively)	17,209,295	15,138,389
Loans, net of unearned discount of $39,024 and $44,418 in 2011 and 2010, respectively	41,502,204	45,612,217
Less allowance for loan losses	(867,019)	(925,905)
Net loans	40,635,186	44,686,312
Bank premises and equipment, net	988,170	1,143,347
Accrued interest receivable	342,029	363,348
Other real estate owned	1,284,390	1,416,543
Intangible assets	313,811	491,889
Prepaid expenses and other assets	465,838	690,878
Total assets	77,016,922	73,965,715
Liabilities:
Demand deposits, noninterest-bearing	14,373,040	13,528,781
Demand deposits, interest-bearing	16,886,633	13,802,602
Savings deposits	14,688,985	13,856,033
Time deposits, under $100,000	7,768,057	8,047,679
Time deposits, $100,000 and over	17,583,743	17,975,595
Total deposits	71,300,458	67,210,690
Accrued interest payable	58,361	56,907
Accrued expenses and other liabilities	397,187	400,702
Total liabilities	71,756,006	67,668,299
Shareholders' equity:
Series A preferred stock, noncumulative, 6%, $0.01 par value, 500,000 shares authorized; 136,842 issued and outstanding	1,368	1,368
Common stock, $0.01 par value; 2,000,000 shares authorized; 876,921 issued and outstanding	8,769	8,769
Class B Non-voting common stock; 250,000 shares authorized; $0.01 par value; 191,667 issued and outstanding	1,917	1,917
Additional paid-in-capital	14,749,852	14,749,852
Accumulated deficit	(9,539,831)	(8,508,591)
Accumulated other comprehensive income	38,841	44,101
Total shareholders' equity	5,260,916	6,297,416
Total liabilities and shareholders' equity	$ 77,016,922	$ 73,965,715