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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Preferred Stock [Member]
Common Stock [Member]
Common Stock Warrants [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at December 31, 2011 at Dec. 31, 2011 $ 24,442,303 $ 28,412 $ 1,325,372 $ 117,434,029 $ (181,555) $ 10,892 $ 143,059,453 [1]
Balance (in shares) at Dec. 31, 2011 24,900 28,412,059          
Net income 0 0 0 0 293,668 0 293,668
Other comprehensive income 0 0 0 0 0 1,171,437 1,171,437
Stock based compensation expense 0 0 0 17,856 0 0 17,856
Restricted stock, forfeited 0 (30) 0 30 0 0 0
Restricted stock, forfeited (in shares) 0 (30,501)          
Accretion of discount on preferred stock 102,130 0 0 0 (102,130) 0 0
Preferred stock dividends 0 0 0 0 (1,978,716) 0 (1,978,716)
Balance at June 30, 2012 at Jun. 30, 2012 $ 24,544,433 $ 28,382 $ 1,325,372 $ 117,451,915 $ 1,968,733 $ 1,182,329 $ 142,563,698
Balance (in shares) at Jun. 30, 2012 24,900 28,381,558          
[1] Derived from audited consolidated financial statements.