Condensed Consolidated Statements of Financial Condition (June 30, 2013 Unaudited) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Cash	$ 3,264,967	$ 3,360,102
Interest-bearing deposits in other financial institutions	20,590,221	38,303,303
Cash and cash equivalents	23,855,188	41,663,405
Available-for-sale securities	109,260,193	101,980,644
Held-to-maturity securities	89,213	181,042
Stock in Federal Home Loan Bank, at cost	3,147,400	3,805,500
Mortgage loans held for sale	1,296,003	2,843,757
Loans receivable, net of allowance for loan losses June 30, 2013 - $8,377,284 - December 31, 2012 - $8,740,325	459,646,868	465,531,973
Accrued interest receivable:
Loans	1,603,746	1,674,814
Investments and interest-bearing deposits	400,090	380,555
Prepaid expenses and other assets	5,933,102	6,228,173
Prepaid FDIC deposit insurance premiums		1,438,636
Foreclosed assets held for sale	3,896,535	4,529,727
Premises and equipment, net	11,144,196	11,286,410
Bank owned life insurance	13,852,375	13,657,480
Income taxes receivable	832,891	910,174
Deferred income taxes	5,238,914	4,319,928
	640,196,714	660,432,218
LIABILITIES
Deposits	511,889,458	500,014,715
Federal Home Loan Bank advances	52,950,000	68,050,000
Securities sold under agreements to repurchase	10,000,000	25,000,000
Subordinated debentures	15,465,000	15,465,000
Advances from borrowers for taxes and insurance	369,870	152,867
Accrued expenses and other liabilities	790,031	481,382
Accrued interest payable	270,904	399,684
	591,735,263	609,563,648
COMMITMENTS AND CONTINGENCIES
Capital Stock:
Series A preferred stock, $0.01 par value; authorized 2,000,000 shares; issued and outstanding June 30, 2013 and December 31, 2012 - 12,000 shares	11,886,533	11,789,276
Common stock, $0.10 par value; authorized 10,000,000 shares; issued June 30, 2013 and December 31, 2012 - 6,783,603 and 6,781,803 shares, respectively	678,360	678,180
Common stock warrants; December 31, 2012 - 459,459 shares		1,377,811
Additional paid-in capital	57,587,799	58,267,529
Retained earnings, substantially restricted	41,447,428	39,324,292
Accumulated other comprehensive income (loss)
Unrealized appreciation (depreciation) on available-for-sale securities, net of income taxes	(1,914,338)	800,826
	109,685,782	112,237,914
Treasury stock, at cost; June 30, 2013 and December 31, 2012 - 4,051,172 and 4,056,862 shares, respectively	(61,224,331)	(61,369,344)
	48,461,451	50,868,570
	$ 640,196,714	$ 660,432,218