Consolidated Balance Sheets (USD $)	Mar. 31, 2012	Dec. 31, 2011
Cash and cash equivalents:
Cash and due from banks	$ 4,413,138	$ 4,552,076
Federal funds sold	26,975,000	39,610,000
Total cash and cash equivalents	31,388,138	44,162,076
Securities available-for-sale	88,135,055	57,145,909
Nonmarketable equity securities	3,317,450	3,317,450
Total securities	91,452,505	60,463,359
Mortgage loans held for sale		416,849
Loans receivable	373,783,596	379,643,539
Less allowance for loan losses	8,984,887	10,320,259
Loans, net	364,798,709	369,323,280
Premises, furniture and equipment, net	22,031,102	22,285,895
Accrued interest receivable	1,882,486	1,850,487
Bank owned life insurance	15,067,077	14,947,329
Other real estate owned	19,327,157	18,905,600
Other assets	1,712,842	1,760,923
Total assets	547,660,016	534,115,798
Deposits:
Noninterest-bearing transaction accounts	16,024,430	12,283,423
Interest-bearing transaction accounts	31,046,172	23,492,325
Savings and money market accounts	109,814,047	111,283,544
Time deposits $100,000 and over	186,215,347	183,133,192
Other time deposits	116,048,208	115,321,975
Total deposits	459,148,204	445,514,459
Securities sold under agreements to repurchase	20,000,000	20,000,000
Advances from Federal Home Loan Bank	34,000,000	34,000,000
Junior subordinated debentures	14,434,000	14,434,000
ESOP borrowings	1,375,000	1,425,000
Accrued interest payable	2,408,082	2,037,862
Other liabilities	2,574,577	2,646,195
Total liabilities	533,939,863	520,057,516
Commitments and contingencies
Shareholders' equity:
Preferred stock, $.01 par value and liquidation value per share of $1,000, 10,000,000 shares authorized, 14,448 issued and outstanding at March 31, 2012 and December 31, 2011	14,017,536	13,958,364
Common stock, $.01 par value, 75,000,000 shares authorized; 4,277,176 shares issued and outstanding at March 31, 2012 and December 31, 2011	42,772	42,772
Common stock-warrant, 571,821 shares outstanding at March 31, 2012 and December 31, 2011	1,112,248	1,112,248
Unearned ESOP shares	(1,654,428)	(1,681,103)
Capital surplus	43,162,161	43,188,836
Retained deficit	(42,536,537)	(42,560,223)
Accumulated other comprehensive loss	(423,599)	(2,612)
Total shareholders' equity	13,720,153	14,058,282
Total liabilities and shareholders' equity	$ 547,660,016	$ 534,115,798