CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2011	Dec. 31, 2010
Assets:
Cash and due from banks	$ 4,559,194	$ 4,697,450
Interest bearing deposits in other banks	47,504,282	715,231
Federal funds sold		19,018,104
Investment securities available for sale (amortized cost of $56,355,810 and $38,982,066 in 2011 and 2010, respectively)	59,552,160	39,379,613
Mortgage loans to be sold	7,578,587	5,908,316
Loans	213,709,112	208,025,664
Less: Allowance for loan losses	(3,106,884)	(2,938,588)
Net loans	210,602,228	205,087,076
Premises, equipment and leasehold improvements, net	2,611,965	2,436,526
Other real estate owned		659,492
Accrued interest receivable	1,147,216	1,054,791
Other assets	473,137	1,564,668
Total assets	334,028,769	280,521,267
Deposits:
Non-interest bearing demand	70,217,614	56,884,235
Interest bearing demand	64,350,891	50,394,101
Money market accounts	96,292,414	68,007,823
Certificates of deposit $100,000 and over	38,638,528	45,523,280
Other time deposits	17,416,840	17,760,278
Other savings deposits	14,211,228	11,867,258
Total deposits	301,127,515	250,436,975
Short-term borrowings		767,497
Accrued interest payable and other liabilities	907,385	597,913
Total liabilities	302,034,900	251,802,385
Common Stock - No par value; 12,000,000 shares authorized; Shares issued 4,664,391 at December 31, 2011 and 4,649,317 at December 31, 2010; Shares outstanding 4,444,940 at December 31, 2011 and 4,429,866 shares at December 31, 2010
Additional paid in capital	28,390,929	28,202,939
Retained earnings	3,491,678	2,167,927
Treasury stock - 219,451 shares at December 31, 2011 and 2010	(1,902,439)	(1,902,439)
Accumulated other comprehensive income, net of income taxes	2,013,701	250,455
Total shareholders' equity	31,993,869	28,718,882
Total liabilities and shareholders' equity	$ 334,028,769	$ 280,521,267