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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest income:    
Interest and fees on loans $ 6,377,720 $ 7,666,575
Interest and dividends on investments and deposits 1,351,446 1,246,961
Total interest income 7,729,166 8,913,536
Interest expense:    
Interest on deposits 670,725 1,321,195
Interest on borrowings 6,176 1,116
Interest on junior subordinated notes 87,215 92,193
Total interest expense 764,116 1,414,504
Net interest income 6,965,050 7,499,032
Provision for credit losses 400,000 1,840,000
Net interest income after provision for credit losses 6,565,050 5,659,032
Non-interest income:    
Fees and service charges 1,658,745 1,480,136
Loan servicing fees 190,516 212,801
Gain (loss) on sale of other real estate, net 48,242 (28,964)
Gain on sale of mortgage loans 550,367 304,608
Gain on sale of investment securities   1,033,857
Other income 193,177 240,311
Total non-interest income 2,641,047 3,242,749
Non-interest expense:    
Compensation and fringe benefits 3,563,817 4,157,612
Federal deposit insurance premiums 235,950 252,400
Premises and equipment 527,437 428,468
Advertising 42,946 66,034
Payroll and other taxes 390,480 405,795
Data processing 606,417 598,149
Amortization of intangible assets 118,065 100,556
Other real estate owned expense 172,295 1,278,300
Other 1,099,611 951,631
Total non-interest expense 6,757,018 8,238,945
Income before income tax expense 2,449,079 662,836
Income tax expense 882,669 200,940
NET INCOME $ 1,566,410 $ 461,896
Basic earnings per share (in Dollars per share) $ 0.16 $ 0.05
Diluted earnings per share (in Dollars per share) $ 0.16 $ 0.05
Average basic shares outstanding (in Shares) 9,751,271 9,751,271
Average diluted shares outstanding (in Shares) 9,751,972 9,751,271