Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Cash flows from operating activities:
Net income (loss)	$ 263,459	$ (4,230,489)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Provision for loan losses	225,000	4,202,000
Depreciation and amortization expense	271,432	224,595
Discount accretion and premium amortization	185,586	77,921
Proceeds from sale of residential mortgages	1,881,349	2,303,224
Disbursements for residential mortgages held-for-sale	(1,464,500)	(3,061,724)
Decrease in accrued interest receivable	(48,575)	72,285
Increase in accrued interest payable	370,219	450,911
Increase in cash surrender value of life insurance	(119,748)	(134,937)
Loss from sale of real estate	254,424	38,558
Gain from sale of securities available-for-sale	(89,501)
Decrease in prepaid FDIC Assessment	290,632
Decrease in carrying value of other real estate	24,105	557,872
Preferred Stock Dividends accrued	(180,600)
Decrease (increase) in other assets	(115,576)	168,995
Increase (decrease) in other liabilities	(71,618)	187,793
Net cash provided by operating activities	1,676,088	857,004
Cash flows from investing activities:
Purchases of securities available-for-sale	(48,437,062)	(146,931)
Proceeds from sales of securities available-for-sale	14,477,308
Proceeds from calls and maturities of securities available-for-sale	2,343,136	1,959,327
Net increase (decrease) in loans receivable	1,333,025	9,157,277
Purchase of premises, furniture and equipment, net	(16,639)	(306,701)
Proceeds from sale of other real estate owned	2,266,461	788,357
Net cash provided (used) by investing activities	(28,033,771)	11,451,329
Cash flows from financing activities:
Net increase (decrease) in demand deposits, interest-bearing transaction accounts and savings accounts	9,825,356	(9,223,206)
Net decrease in certificates of deposit and other time deposits	3,808,389	(17,207,041)
Proceeds from FHLB advances		7,000,000
Repayment of ESOP borrowings	(50,000)	(50,000)
Decrease in unearned ESOP shares		5,057
Net cash provided (used) by financing activities	13,583,745	(19,475,190)
Net decrease in cash and cash equivalents	(12,773,938)	(7,166,857)
Cash and cash equivalents, beginning of period	44,162,076	27,726,977
Cash and cash equivalents, end of period	31,388,138	20,560,120
Supplemental cash flow information:
Income taxes paid	0
Interest paid on deposits and borrowed funds	1,587,025	1,715,642
Transfer of loans to foreclosed assets	$ 2,966,547	$ 4,103,875