Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash Flows from Operating Activities:
Net loss	$ (15,902,507)	$ (11,322,323)
Adjustments to reconcile net loss to net cash used in operating activities:
Restructuring charges and asset disposals	1,094,094
Amortization and accretion of investment premiums and discounts, net	234,525	318,842
Amortization and accretion of purchase loan premiums and discounts, net	7,542	7,477
Provision for loan losses	8,464,427	6,264,000
Gain on sales of investments	(779,685)
Gain on sale of loans	(79,729)
Amortization of core deposit intangible	11,259	11,925
Earnings on cash surrender value of life insurance	(491,378)	(429,848)
Depreciation and amortization	974,798	1,131,641
Loss on disposal of fixed assets	2,624
Loss on sale of other real estate owned	58,215	173,289
Impairment writedown on other real estate owned	165,764	961,497
Changes in assets and liabilities:
Decrease (increase) in deferred loan costs	34,092	(237,165)
Decrease in accrued interest and dividends receivable	191,614	488,000
Decrease in other assets	7,162,488	500,942
Decrease in cash surrender value of life insurance		58,416
(Decrease) increase in accrued expenses and other liabilities	(466,973)	2,037,258
Net cash provided by (used in) operating activities	681,170	(36,049)
Cash Flows from Investing Activities:
Purchases of available for sale securities	(65,459,630)	(15,162,500)
Purchases of other investments		(500,000)
Principal repayments on available for sale securities	7,316,078	5,819,337
Proceeds from redemptions of available for sale securities		10,000,000
Proceeds from sales of available for sale securities	9,757,118
Purchases of Federal Reserve Bank Stock	(1,174,100)
Redemptions of Federal Reserve Bank Stock	659,100	605,450
Proceeds from sale of loans	55,089,794
Net decrease in loans	13,849,922	61,993,858
Purchase of other real estate owned	(481,165)
Proceeds from sale of other real estate owned	15,715,973	11,423,343
Capital improvements of other real estate owned		(271,493)
Purchase of bank premises and equipment	(457,643)	(158,167)
Net cash provided by investing activities	34,815,447	73,749,828
Cash Flows from Financing Activities:
Net decrease in demand, savings and money market deposits	(25,697,339)	(22,942,716)
Net decrease in time certificates of deposits	(113,388,461)	(47,424,309)
Net cash used in financing activities	(139,085,800)	(70,367,025)
Net (decrease) increase in cash and cash equivalents	(103,589,183)	3,346,754
Cash and Cash Equivalents:
Beginning	146,777,658	107,799,432
Ending	43,188,475	111,146,186
Supplemental Disclosures of Cash Flow Information
Interest paid	6,319,721	10,374,774
Income taxes paid	10,534	2,080
Supplemental disclosures of noncash investing and financing activities:
Unrealized holding (loss) gain on available for sale securities arising during the period	(967,244)	1,009,749
Transfer of loans to other real estate owned	3,781,890	556,600
Transfer of loans to held for sale	$ 250,000