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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net loss $ (1,031,240) $ (1,227,798)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Provision for loan losses 170,000 747,000
Net gain on sale of other real estate (111,291)   
Amortization of premiums on investments 76,181 43,328
Amortization of core deposit intangible 178,078 178,078
Depreciation on fixed assets 246,272 274,151
Decrease in accrued interest receivable and other assets 246,359 251,945
Decrease in accrued interest payable and other liabilities (2,061) (22,287)
Net cash (used in)provided by operating activities (227,702) 244,417
Cash flows from investing activities:    
Purchase of available-for-sale investment securities (262,041)   
Purchase of held-to-maturity investment securities (12,696,606) (16,415,439)
Proceeds from maturity and principal reductions of available-for-sale investment securities 310,689 515,363
Proceeds from maturity and principal reductions of held-to-maturity investment securities 10,553,635 11,207,199
Proceeds from sale of other real estate owned 845,544 355,859
Net decrease (increase) in loans 3,279,026 (345,999)
Purchase of bank premises and equipment (91,095) (59,202)
Net cash provided by (used in) investing activities 1,939,152 (4,742,219)
Cash flows from financing activities:    
Net increase in deposits 4,089,768 6,904,069
Net cash provided by financing activities 4,089,768 6,904,069
Net increase in cash and cash equivalents 5,801,218 2,406,267
Cash and cash equivalents at beginning of year 8,696,111 6,289,844
Cash and cash equivalents at end of year 14,497,329 8,696,111
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest 233,531 302,145
Noncash transfer of loans to other real estate owned $ 602,100 $ 1,772,402