DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following tables disclose the location and fair value amounts of derivative instruments in the consolidated balance sheets:

				Estimated Fair Value
	Balance Sheet	Notional		June 30,			December 31,
	Location	Amount		2012			2011
Trust preferred securities:
Interest rate swap	Other liabilities	$	4,000,000	$	(2,133	)	$	(38,275	)
Interest rate swap	Other liabilities		4,000,000		(98,616	)		(134,029	)
Subordinated term loan agreements:
Interest rate swap	Other liabilities		3,750,000		(600	)		(34,160	)
Interest rate swap	Other liabilities		3,750,000		(90,517	)		(123,650	)
		$	15,500,000	$	(191,866	)	$	(330,114	)

Schedule Of Accumulated Other Comprehensive Income (Oci) Related To Interest Rate Swaps [Table Text Block]

The following table discloses activity in accumulated other comprehensive income (“OCI”) related to the interest rate swaps for the six months ended June 30, 2012 and 2011:

	Successor		Predecessor
	Company		Company
	Six Months		Six Months
	Ended		Ended
	June 30, 2012		June 30, 2011
Accumulated OCI resulting from interest rate swaps at beginning of period, net of tax	$	-	$	(355,818	)
Other comprehensive loss recognized, net of tax		-		45,578
Accumulated OCI resulting from interest rate swaps at end of period, net of tax	$	-	$	(310,240	)