Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Interest and Dividend Income
Interest and fees on loans	$ 6,184,920	$ 7,977,476	$ 19,680,074	$ 26,011,835
Interest on investment securities	664,661	369,169	1,425,582	1,236,019
Dividends on investment securities	56,462	66,403	207,091	202,109
Interest on federal funds sold	464	4,428	6,875	12,275
Other interest income	1,485	51,436	121,738	104,706
Total interest and dividend income	6,907,992	8,468,912	21,441,360	27,566,944
Interest Expense
Interest on deposits	1,384,540	2,765,030	4,803,634	8,830,894
Interest on Federal Home Loan Bank borrowings	428,183	428,183	1,270,587	1,270,587
Interest on subordinated debt	70,929	76,411	212,546	216,775
Interest on other borrowings	77,772	77,773	230,781	230,781
Total interest expense	1,961,424	3,347,397	6,517,548	10,549,037
Net interest income	4,946,568	5,121,515	14,923,812	17,017,907
Provision for Loan Losses		5,025,000	8,464,427	6,264,000
Net interest income after provision for loan losses	4,946,568	96,515	6,459,385	10,753,907
Non-interest Income
Mortgage brokerage referral fees	13,500	22,465	28,110	76,139
Loan application, inspection & processing fees	20,656	21,947	61,421	115,448
Deposit fees and service charges	207,200	322,943	736,140	850,661
Gains on sale of loans			79,729
Gains on sale of investment securities	779,685		779,685
Earnings on cash surrender value of life insurance	170,133	161,014	491,378	429,848
Other income	90,306	108,727	398,180	264,096
Total non-interest income	1,281,480	637,096	2,574,643	1,736,192
Non-interest Expenses
Salaries and benefits	2,840,195	3,192,396	9,244,021	9,745,036
Occupancy and equipment expense	1,038,883	1,371,108	3,685,276	4,207,405
Data processing	315,912	369,736	979,721	884,290
Advertising and promotional expenses	91,786	61,415	521,541	216,093
Professional and other outside services	545,612	566,204	2,662,277	2,508,648
Loan administration and processing expenses	88,373	41,460	173,591	217,676
Regulatory assessments	431,786	689,510	1,671,530	2,074,151
Insurance expense	227,173	194,399	686,584	598,798
Other real estate operations	(26,250)	454,608	1,018,707	1,760,235
Material and communications	163,240	195,900	527,493	597,763
Restructuring charges and asset disposals (Note 11)			2,986,441
Other operating expenses	255,879	387,455	779,353	777,327
Total non-interest expenses	5,972,589	7,524,191	24,936,535	23,587,422
Income (loss) before income taxes	255,459	(6,790,580)	(15,902,507)	(11,097,323)
Provision for Income Taxes				225,000
Net income (loss)	$ 255,459	$ (6,790,580)	$ (15,902,507)	$ (11,322,323)
Basic and diluted income (loss) per share (Note 5)	$ 0.01	$ (1.43)	$ (0.41)	$ (2.38)