Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Assets
Cash and due from banks	$ 15,220,580	$ 13,945,105
Federal funds sold	24,988,512	39,185,837
Total cash and cash equivalents	40,209,092	53,130,942
Investment securities available for sale	57,748,040	25,154,046
Loans held for sale	8,371,277	24,188,384
Loans
Outstandings	286,562,702	354,910,266
Allowance for loan losses	(7,238,664)	(10,807,827)
Deferred fees and costs	682,955	787,823
Loans, net	280,006,993	344,890,262
Other real estate owned, net of valuation allowance	16,741,864	20,203,691
Assets held for sale	13,359,099	0
Premises and equipment, net	12,408,987	25,815,342
Bank owned life insurance	6,764,505	6,575,018
Accrued interest receivable	1,486,163	1,676,518
Other assets	7,077,331	8,453,169
Total assets	444,173,351	510,087,372
Deposits
Noninterest bearing demand	57,243,718	57,049,348
Interest bearing	333,384,593	379,273,614
Total deposits	390,628,311	436,322,962
Federal Home Loan Bank advances	18,000,000	28,000,000
Long-term debt - trust preferred securities	8,764,000	8,764,000
Other borrowings	2,713,486	4,851,811
Accrued interest payable	1,092,520	911,635
Other liabilities	4,730,965	6,272,163
Total liabilities	425,929,282	485,122,571
Stockholders' equity
Preferred stock, $4 par value, $1,000 liquidation preference, 1,000,000 shares authorized, 14,738 shares issued and outstanding	58,952	58,952
Common stock, $4 par value - 10,000,000 shares authorized; 5,338,295 shares issued and outstanding at December 31, 2013 4,251,795 shares issued and outstanding at December 31, 2012	21,353,180	17,007,180
Additional paid-in capital	38,053,812	40,705,257
Retained earnings (deficit)	(38,066,154)	(33,173,525)
Common stock warrant	732,479	732,479
Discount on preferred stock	(50,002)	(198,993)
Stock in directors rabbi trust	(877,644)	0
Directors deferred fees obligation	877,644	0
Accumulated other comprehensive loss	(3,838,198)	(166,549)
Total stockholders' equity	18,244,069	24,964,801
Total liabilities and stockholders' equity	$ 444,173,351	$ 510,087,372