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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest and fee income      
Interest and fees on loans $ 10,887,709 $ 10,693,501 $ 10,154,464
Interest and dividends on investment securities 1,309,743 1,459,731 1,503,907
Other interest income 80,152 12,951 13,578
Total interest and fee income 12,277,604 12,166,183 11,671,949
Interest expense      
Interest on deposits 778,028 1,057,373 1,322,019
Interest on short-term borrowings    9,018 14,310
Total interest expense 778,028 1,066,391 1,336,329
Net interest income 11,499,576 11,099,792 10,335,620
Provision for loan losses 480,000 670,000 2,369,000
Net interest income after provision for loan losses 11,019,576 10,429,792 7,966,620
Other income      
Service charges, fees and commissions 946,518 1,030,218 1,037,056
Mortgage banking income 674,705 1,004,324 1,020,373
Other non-interest income 32,062 29,155 26,556
Gain on sale of securities 124,672    180,071
Total other income 1,777,957 2,063,697 2,264,056
Other expense      
Salaries and employee benefits 4,742,772 4,568,095 4,242,913
Net occupancy expense 1,340,227 1,316,986 1,280,744
Loss on other real estate owned 63,273 13,347   
Other operating expenses 2,113,994 2,100,117 2,077,048
Total other expense 8,260,266 7,998,545 7,600,705
Income before income tax expense 4,537,267 4,494,944 2,629,971
Income tax expense 1,347,949 1,384,431 760,117
Net income $ 3,189,318 $ 3,110,513 $ 1,869,854
Weighted average shares outstanding      
Basic 4,439,887 4,416,065 4,390,835
Diluted 4,439,887 4,416,065 4,394,366
Basic earnings per share $ 0.72 $ 0.70 $ 0.43
Diluted earnings per share $ 0.72 $ 0.70 $ 0.43