CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2012 Successor [Member]	Mar. 31, 2011 Predecessor [Member]
INTEREST INCOME
Loans	$ 8,334,790	$ 9,077,943
Investment securities available for sale	963,492	1,662,690
Federal funds sold and interest-earning deposits	12,047	29,092
TOTAL INTEREST INCOME	9,310,329	10,769,725
INTEREST EXPENSE
Deposits	1,124,470	3,348,840
Short-term borrowings	1,604	15,359
Long-term debt	276,160	1,370,647
TOTAL INTEREST EXPENSE	1,402,234	4,734,846
NET INTEREST INCOME	7,908,095	6,034,879
PROVISION FOR LOAN LOSSES	804,000	7,023,511
NET INTEREST INCOME (LOSS) AFTER PROVISION FOR LOAN LOSSES	7,104,095	(988,632)
NON-INTEREST INCOME
Mortgage origination revenue	68,500	74,970
Gain on sale of mortgage loans	587,439	91,455
Service charges and fees on deposit accounts	447,182	447,049
Earnings on life insurance	203,758	212,717
Gain on sale of available for sale securities	192,192	100,631
Other	149,796	115,421
TOTAL NON-INTEREST INCOME	1,648,867	1,042,243
NON-INTEREST EXPENSE
Salaries and employee benefits	3,822,127	3,347,288
Occupancy and equipment	971,163	1,012,039
Data processing	518,671	420,297
FDIC insurance premiums	344,541	448,985
Net (gain) loss on foreclosed assets	(58,414)	158,876
Other loan related expense	496,033	492,239
Professional services	763,290	543,980
Other	834,176	676,551
TOTAL NON-INTEREST EXPENSE	7,691,587	7,100,255
INCOME (LOSS) BEFORE INCOME TAXES	1,061,375	(7,046,644)
INCOME TAX EXPENSE	353,800	0
NET INCOME (LOSS)	707,575	(7,046,644)
Effective dividend on preferred stock (Note I)	383,596	427,434
Net income available (loss attributed) to common stockholders	$ 323,979	$ (7,474,078)
NET INCOME (LOSS) PER COMMON SHARE
Basic (in dollars per share)	$ 0.01	$ (0.78)
Diluted (in dollars per share)	$ 0.01	$ (0.78)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (Note D)
Basic (in shares)	28,360,196	9,581,390
Diluted (in shares)	28,385,439	9,581,390