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Consolidated Statements Of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net loss $ (200,640) $ (262,875)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 263,287 233,753
Provision for loan losses 260,000 900,000
Write-down of other real estate owned 333,830 19,064
Non-cash option expense 25,350 30,610
Loss on sale of foreclosed property 50,399 99,143
Loss on retirement of fixed assets 3,539  
Changes in operating assets and liabilities    
Change in interest receivable 26,670 35,686
Change in other assets 379,305 513,213
Change in other liabilities 11,443 (153,932)
Net cash provided by operating activities 1,153,183 1,414,662
Investing Activities    
Proceeds from maturities and principal repayments of available for sale securities 1,902,877 5,098,636
Purchase of investment securities available for sale (5,176,867) (499,000)
Proceeds from sale of foreclosed property 1,999,740 3,007,284
Purchase of Federal Reserve Bank stock (17,900)  
Redemption of FHLB stock 96,900  
Purchase of property and equipment (11,669) (74,302)
Capitalization of improvements to foreclosed property (171,976) (198,761)
Proceeds from sale of fixed assets 425  
Net decrease in loans to customers 7,227,629 4,243,407
Net cash provided by investing activities 5,849,159 11,577,264
Financing Activities    
Net increase (decrease) in demand, savings and time deposits (426,980) 70,956
Net decrease in customer repurchase agreements (1,048,661) (538,351)
Repayment of FHLB advances (4,075,416) (1,575,417)
Cash paid in lieu of fractional shares related to stock dividend   (1,024)
Net cash used by financing activities (5,551,057) (2,043,836)
Net increase in cash and cash equivalents 1,451,285 10,948,090
Cash and Cash Equivalents, Beginning of Period 12,153,911 6,039,596
Cash and Cash Equivalents, End of Period 13,605,196 16,987,686
Supplemental Information    
Cash paid for interest 1,009,384 1,487,505
Cash paid (refund received) for income taxes (208,897)  
Non-cash Supplemental Information    
Loans transferred to other real estate owned 5,051,433 4,341,030
Loans charged-off, net $ (458,003) $ (763,907)