Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
OPERATING ACTIVITIES
Net income (loss)	$ (1,151,365)	$ 243,887
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion	499,924	380,655
Provision for loan losses	1,255,000	355,000
Net gain on sale of securities available for sale	(391,713)
Other-than-temporary impairment of securities	262,437
Loss on sale of foreclosed assets	37,993
Writedowns of foreclosed real estate	258,500
Loss on sale of premises and equipment	7,453
Increase in dividends payable on preferred stock	(50,000)	(50,000)
Net other operating activities	73,444	24,043
Net cash provided by operating activities	801,673	953,585
INVESTING ACTIVITIES
Purchases of securities available for sale	(20,073,559)	(5,147,408)
Proceeds from sales of securities available for sale	16,415,618
Proceeds from maturities and paydowns of securities available for sale	2,794,915	1,864,517
Proceeds from sales of restricted equity securities	78,400	115,000
Net increase in interest-bearing deposits at other financial institutions	(63,308)	(122,224)
Net increase in federal funds sold	(2,395,000)	(3,400,000)
Net decrease in loans	435,443	1,182,639
Capitalized costs on foreclosed real estate		(92,108)
Proceeds from sale of foreclosed real estate	163,280
Proceeds from sale of other assets	10,503
Payments for construction in process	(224,272)
Purchase of premises and equipment	(79,449)
Net cash used in investing activities	(2,937,429)	(5,599,584)
FINANCING ACTIVITIES
Net increase (decrease) in deposits	(250,531)	6,525,963
Proceeds from issuance of preferred stock	1,000,000
Proceeds from issuance of common stock	1,045,000	108,550
Proceeds from exercise of stock options	10,001
Net cash provided by financing activities	1,804,470	6,634,513
Net increase (decrease) in cash and due from banks	(331,286)	1,988,514
Cash and due from banks at beginning of year	7,029,604	5,345,394
Cash and due from banks, end of period	6,698,318	7,333,908
Cash paid for:
Interest	2,358,507	3,051,278
NONCASH TRANSACTIONS
Principal balances of loans transferred to foreclosed real estate	661,618	3,617,764
Financed sales of foreclosed real estate	$ 994,792