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Condensed Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net cash provided by operating activities $ 8,968,505 $ 9,650,546
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and calls of securities available for sale 220,117,006 138,683,906
Proceeds from sales of securities available for sale   19,791,797
Purchases of investment securities available for sale (244,228,754) (138,881,327)
Purchases of bank premises and equipment (70,332) (967,408)
Increase(decrease) in interest bearing deposits with other banks 1,838,575 (33,708,589)
Purchase of Federal Home Loan Bank Stock (282,700) (108,000)
Redemption of Federal Home Loan Bank Stock 442,800  
Proceeds from sale of other real estate 1,296,551 466,095
Net decrease in loans 9,068,662 12,350,775
Net cash provided by (used by) investing activities (11,818,192) (2,372,751)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 44,684,143 29,819,741
Net change in securities sold under agreement to repurchase (58,862,734) (12,990,464)
Proceeds from exercising stock options 257,425 63,385
Increase in Federal Home Loan Bank advances   (15,900,000)
(Decrease) increase in federal funds purchased 4,700,000 (2,500,000)
Payment of dividends (3,206,771) (3,195,991)
Net cash provided by financing activities (12,427,937) (4,703,329)
Net increase in cash and due from banks (15,277,624) 2,574,466
Cash and due from banks, beginning of period 35,407,715 16,963,393
Cash and due from banks, end of period $ 20,130,091 $ 19,537,859