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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Interest Income      
Loans $ 23,254,863us-gaap_InterestAndFeeIncomeLoansAndLeases $ 23,885,654us-gaap_InterestAndFeeIncomeLoansAndLeases $ 25,666,608us-gaap_InterestAndFeeIncomeLoansAndLeases
Investment securities 1,627,460us-gaap_InterestAndDividendIncomeSecurities 1,794,717us-gaap_InterestAndDividendIncomeSecurities 1,755,804us-gaap_InterestAndDividendIncomeSecurities
Other 131,991us-gaap_InterestIncomeOther 175,127us-gaap_InterestIncomeOther 183,388us-gaap_InterestIncomeOther
25,014,314us-gaap_InterestAndDividendIncomeOperating 25,855,498us-gaap_InterestAndDividendIncomeOperating 27,605,800us-gaap_InterestAndDividendIncomeOperating
Interest Expense      
Deposits 2,329,090us-gaap_InterestExpenseDeposits 2,859,598us-gaap_InterestExpenseDeposits 4,076,194us-gaap_InterestExpenseDeposits
Federal Home Loan Bank advances 1,202,383us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm 1,295,121us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm 1,543,493us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
Subordinated debentures 533,207us-gaap_InterestExpenseSubordinatedNotesAndDebentures 537,178us-gaap_InterestExpenseSubordinatedNotesAndDebentures 556,159us-gaap_InterestExpenseSubordinatedNotesAndDebentures
Securities sold under agreements to repurchase 264,625us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase 405,597us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase 682,169us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
4,329,305us-gaap_InterestExpense 5,097,494us-gaap_InterestExpense 6,858,015us-gaap_InterestExpense
Net Interest Income 20,685,009us-gaap_InterestIncomeExpenseNet 20,758,004us-gaap_InterestIncomeExpenseNet 20,747,785us-gaap_InterestIncomeExpenseNet
Provision for Loan Losses 1,275,000us-gaap_ProvisionForLoanAndLeaseLosses 1,550,000us-gaap_ProvisionForLoanAndLeaseLosses 5,950,000us-gaap_ProvisionForLoanAndLeaseLosses
Net Interest Income After Provision for Loan Losses 19,410,009us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 19,208,004us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 14,797,785us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest Income      
Service charges 1,264,027us-gaap_FeesAndCommissionsDepositorAccounts 1,196,597us-gaap_FeesAndCommissionsDepositorAccounts 1,119,570us-gaap_FeesAndCommissionsDepositorAccounts
Gain on sale of investment securities 34,163us-gaap_GainLossOnSaleOfSecuritiesNet 219,845us-gaap_GainLossOnSaleOfSecuritiesNet 168,306us-gaap_GainLossOnSaleOfSecuritiesNet
Gain on sale of loans 981,603us-gaap_GainLossOnSalesOfLoansNet 1,444,318us-gaap_GainLossOnSalesOfLoansNet 1,884,923us-gaap_GainLossOnSalesOfLoansNet
Gain on sale of state low-income housing tax credits   1,441,012gfed_GainLossOnSaleOfStateLowincomeHousingTaxCredits 281,561gfed_GainLossOnSaleOfStateLowincomeHousingTaxCredits
Net loss on foreclosed assets (213,239)us-gaap_GainsLossesOnSalesOfOtherRealEstate (275,223)us-gaap_GainsLossesOnSalesOfOtherRealEstate (1,391,472)us-gaap_GainsLossesOnSalesOfOtherRealEstate
Other income 1,351,910us-gaap_NoninterestIncomeOtherOperatingIncome 1,292,922us-gaap_NoninterestIncomeOtherOperatingIncome 1,192,783us-gaap_NoninterestIncomeOtherOperatingIncome
3,418,464us-gaap_NoninterestIncome 5,319,471us-gaap_NoninterestIncome 3,255,671us-gaap_NoninterestIncome
Noninterest Expense      
Salaries and employee benefits 8,895,353us-gaap_LaborAndRelatedExpense 9,058,789us-gaap_LaborAndRelatedExpense 9,247,912us-gaap_LaborAndRelatedExpense
Occupancy 1,697,190us-gaap_OccupancyNet 1,752,162us-gaap_OccupancyNet 1,629,566us-gaap_OccupancyNet
FDIC deposit insurance premiums 448,675us-gaap_FederalDepositInsuranceCorporationPremiumExpense 562,163us-gaap_FederalDepositInsuranceCorporationPremiumExpense 688,763us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Prepayment penalty on repurchase agreements   1,510,000us-gaap_PrepaymentFeesOnAdvancesNet  
Data processing 685,028us-gaap_InformationTechnologyAndDataProcessing 687,630us-gaap_InformationTechnologyAndDataProcessing 566,652us-gaap_InformationTechnologyAndDataProcessing
Advertising 425,004us-gaap_AdvertisingExpense 425,004us-gaap_AdvertisingExpense 300,000us-gaap_AdvertisingExpense
Other expense 3,667,498us-gaap_OtherNoninterestExpense 3,661,458us-gaap_OtherNoninterestExpense 3,808,042us-gaap_OtherNoninterestExpense
15,818,748us-gaap_NoninterestExpense 17,657,206us-gaap_NoninterestExpense 16,240,935us-gaap_NoninterestExpense
Income Before Income Taxes 7,009,725us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 6,870,269us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,812,521us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision (Credit) for Income Taxes 1,227,029us-gaap_IncomeTaxExpenseBenefit 1,630,562us-gaap_IncomeTaxExpenseBenefit (131,338)us-gaap_IncomeTaxExpenseBenefit
Net Income 5,782,696us-gaap_NetIncomeLoss 5,239,707us-gaap_NetIncomeLoss 1,943,859us-gaap_NetIncomeLoss
Preferred Stock Dividends and Discount Accretion 357,210us-gaap_PreferredStockDividendsAndOtherAdjustments 794,520us-gaap_PreferredStockDividendsAndOtherAdjustments 1,076,561us-gaap_PreferredStockDividendsAndOtherAdjustments
Net Income Available to Common Shareholders $ 5,425,486us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 4,445,187us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 867,298us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic Income Per Common Share (in Dollars per share) $ 1.35us-gaap_EarningsPerShareBasic $ 1.63us-gaap_EarningsPerShareBasic $ 0.32us-gaap_EarningsPerShareBasic
Diluted Income Per Common Share (in Dollars per share) $ 1.33us-gaap_EarningsPerShareDiluted $ 1.58us-gaap_EarningsPerShareDiluted $ 0.30us-gaap_EarningsPerShareDiluted