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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Interest and dividend income:    
Interest and fees on loans $ 19,613,434 $ 21,216,983
Securities:    
Taxable interest income 1,129,813 1,678,079
Nontaxable interest income 836,665 726,594
Federal Home Loan Bank dividends 9,170 6,306
Interest-earning deposits, federal funds sold, and other 63,712 99,949
Total interest and dividend income 21,652,794 23,727,911
Interest expense:    
Deposits 3,833,610 5,813,221
Federal Home Loan Bank advances 518,647 511,987
Securities sold under agreements to repurchase 17,839 11,179
Subordinated debentures 97,914 116,115
Total interest expense 4,468,010 6,452,502
Net interest income 17,184,784 17,275,409
Provision for loan losses 1,550,000 5,292,000
Net interest income after provision for loan losses 15,634,784 11,983,409
Other income:    
Service fees on deposit accounts 370,082 398,730
Other service charges and fees 375,045 338,510
Loan servicing fees 219,117 194,722
Gain on sale of securities 167,978 454,920
Gain on sale of loans 1,599,694 572,395
Other 236,870 129,461
Total Other income 2,968,786 2,088,738
Other expenses:    
Compensation and employee benefits 5,959,622 4,918,828
Occupancy expense 1,257,849 1,269,013
Data processing services 703,957 643,362
Director fees 151,700 149,150
Professional fees 519,331 550,581
FDIC insurance premiums 469,104 910,468
Foreclosed asset related expenses 653,736 976,130
Amortization of core deposit intangible 281,000 304,000
Amortization of mortgage servicing rights 286,165 178,127
Other 2,211,571 1,842,378
Total Other expenses 12,494,035 11,742,037
Income before income taxes 6,109,535 2,330,110
Income tax expense 2,045,034 435,082
Net income 4,064,501 1,895,028
Net income 4,064,501 1,895,028
Other comprehensive income:    
Unrealized gains on securities available for sale arising during the period 15,485 1,530,168
Reclassification adjustment for realized gains included in income (167,978) (454,920)
Tax effect 56,423 (397,841)
Net of tax (96,070) 677,407
Comprehensive income $ 3,968,431 $ 2,572,435
Basic earnings per share (in dollars per share) $ 0.53 $ 0.24
Diluted earnings per share (in dollars per share) $ 0.53 $ 0.24