CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended	6 Months Ended	3 Months Ended	6 Months Ended
	Jun. 30, 2012 Successor [Member]	Jun. 30, 2012 Successor [Member]	Jun. 30, 2011 Predecessor [Member]	Jun. 30, 2011 Predecessor [Member]
INTEREST INCOME
Loans held for investment	$ 7,849,555	$ 16,184,345	$ 9,021,948	$ 18,099,891
Investment securities available for sale	930,411	1,893,904	1,825,529	3,488,219
Federal funds sold and interest-earning deposits	25,912	37,959	27,966	57,058
TOTAL INTEREST INCOME	8,805,878	18,116,208	10,875,443	21,645,168
INTEREST EXPENSE
Deposits	1,125,051	2,249,521	3,131,095	6,479,935
Short-term borrowings	590	2,194	21,233	36,592
Long-term debt	287,595	563,756	1,376,473	2,747,120
TOTAL INTEREST EXPENSE	1,413,236	2,815,471	4,528,801	9,263,647
NET INTEREST INCOME	7,392,642	15,300,737	6,346,642	12,381,521
PROVISION FOR LOAN LOSSES	1,968,214	2,772,214	3,035,178	10,058,689
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	5,424,428	12,528,523	3,311,464	2,322,832
NON-INTEREST INCOME
Mortgage banking income	689,091	1,345,030	258,787	425,212
Service charges and fees on deposit accounts	443,149	890,331	457,027	904,076
Earnings on bank owned life insurance	203,155	406,913	215,921	428,638
Gain (loss) on sale of available for sale securities	(27,375)	164,817	188,994	289,625
Impairment of non-marketable equity security	0	0	(179,000)	(179,000)
Other	375,432	525,228	133,807	249,228
TOTAL NON-INTEREST INCOME	1,683,452	3,332,319	1,075,536	2,117,779
NON-INTEREST EXPENSE
Salaries and employee benefits	4,013,794	7,835,921	3,137,204	6,484,492
Occupancy and equipment	1,120,937	2,092,100	979,514	1,991,553
Data processing	503,134	1,021,805	449,514	869,811
FDIC deposit insurance premium	174,334	518,875	376,782	825,767
Professional services	1,024,271	1,787,562	595,646	1,396,094
Net loss on foreclosed assets	62,964	263,149	1,186,510	1,345,386
Other loan related expense	365,148	861,181	460,384	793,747
Other	596,472	1,172,048	646,200	1,225,160
TOTAL NON-INTEREST EXPENSE	7,861,054	15,552,641	7,831,754	14,932,010
INCOME (LOSS) BEFORE INCOME TAXES	(753,174)	308,201	(3,444,754)	(10,491,399)
INCOME TAXES	(339,267)	14,533	0	0
NET INCOME (LOSS)	(413,907)	293,668	(3,444,754)	(10,491,399)
Effective dividend on preferred stock (Note I)	373,162	756,758	437,353	864,786
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (787,069)	$ (463,090)	$ (3,882,107)	$ (11,356,185)
NET LOSS PER COMMON SHARE
Basic (in dollars per share)	$ (0.03)	$ (0.02)	$ (0.40)	$ (1.18)
Diluted (in dollars per share)	$ (0.03)	$ (0.02)	$ (0.40)	$ (1.18)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (Note D)
Basic (in shares)	28,361,060	28,360,628	9,586,390	9,583,904
Diluted (in shares)	28,361,060	28,360,628	9,586,390	9,583,904