CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2012 Successor [Member]	Mar. 31, 2011 Predecessor [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ 707,575	$ (7,046,644)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	234,956	251,800
Stock based compensation	10,511	34,506
Provision for loan losses	804,000	7,023,511
Accretion of purchased loans	(3,493,095)	0
Amortization of core deposit premium	64,629	33,337
Amortization of premium on time deposits	(894,811)	0
Accretion of trust preferred securities	14,345	0
Accretion of discount on long-term debt	21,413	0
Gain on mortgage loan commitments	(234,140)	(6,334)
Net gain on sales of mortgage loans	(353,298)	(85,120)
Originations of mortgage loans held-for-sale	(24,756,649)	(11,843,128)
Proceeds from sales of mortgage loans	25,634,193	16,812,766
Net increase in cash surrender value of life insurance	(180,284)	(194,142)
Deferred income taxes	128,600	31,529
Gain on sale of available for sale securities	(192,192)	(100,631)
Net amortization of premiums/discounts on securities	95,756	494,751
Net (gain)/ loss on disposal of and valuation adjustments to foreclosed assets	(85,289)	158,876
Increase in interest rate swaps	56,189	0
Change in assets and liabilities:
(Increase)/ decrease in accrued interest receivable	(662,859)	609,814
(Increase)/ decrease in other assets	1,528,936	3,294,345
Increase/ (decrease) in accrued interest payable	40,740	(24,567)
Increase in accrued expenses and other liabilities	(1,090,035)	138,215
TOTAL ADJUSTMENTS	(3,308,384)	16,629,528
NET CASH PROVIDED BY OPERATING ACTIVITIES	(2,600,809)	9,582,884
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of investment securities available for sale	(10,388,344)	(35,078,914)
Proceeds from maturities and principal repayments of securities available for sale	3,413,388	7,534,704
Proceeds from sale of securities available for sale	6,998,125	20,445,655
Proceeds from disposal of foreclosed assets	4,508,473	1,618,919
Loan originations and principal collections, net	25,671,032	17,461,008
Proceeds from sale of loans	14,809,075	1,950,000
Purchases of premises and equipment	(568,402)	(59,641)
NET CASH PROVIDED BY INVESTING ACTIVITIES	44,443,347	13,871,731
CASH FLOWS FROM FINANCING ACTIVITIES
Demand	(15,895,145)	(2,783,237)
Savings	(4,226,911)	(7,495,661)
Money market and NOW	24,849,256	9,683,021
Time deposits	(19,859,899)	1,417,749
Net increase/ (decrease) in short-term borrowings	5,000,000	(2,000,000)
Net increase/ (decrease) in long-term debt	0	(5,000,000)
Dividends paid on preferred stock	0	0
NET CASH USED BY FINANCING ACTIVITIES	(10,132,699)	(6,178,128)
NET INCREASE IN CASH AND CASH EQUIVALENTS	31,709,839	17,276,487
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	25,361,937	49,106,179
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 57,071,776	$ 66,382,666