Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Interest Income
Interest and fees on loans	$ 1,534,244	$ 1,380,757	$ 3,090,053	$ 2,612,896
Interest on securities	24,811	31,357	52,722	66,055
Interest on federal funds and bank balances	5,733	6,230	10,364	12,564
Total interest income	1,564,788	1,418,344	3,153,139	2,691,515
Interest Expense
Interest on deposits	313,877	351,733	627,932	675,979
Interest on federal funds and short-term borrowings			14,509
Total interest expense	313,877	351,733	642,441	675,979
Net Interest Income	1,250,911	1,066,611	2,510,698	2,015,536
Provision for loan losses	15,000	176,892	54,000	289,297
Net Interest Income After Provision for Loan Losses	1,235,911	889,719	2,456,698	1,726,239
Non-interest Income
Service charges on deposit accounts	12,589	12,443	24,161	22,078
Other income	220,253	24,435	522,351	41,822
Mortgage banking activities	47,322		58,761
Total non-interest income	280,164	36,878	605,273	63,900
Non-interest Expense
Salaries and employee benefits	643,368	356,383	1,225,385	757,007
Share based payments				3,695
Occupancy expense	125,583	101,841	243,685	220,475
Equipment expense	42,188	34,492	77,588	70,069
Advertising and public relations	44,697	46,960	80,743	52,240
Data processing expense	60,560	49,580	109,573	105,130
Professional fees	145,916	98,177	257,440	166,388
Other expenses	144,207	104,612	295,521	251,244
Total non-interest expense	1,206,519	792,045	2,289,935	1,626,248
Net Income Before Federal Income Tax	309,556	134,552	772,036	163,891
Federal income tax
Net Income	309,556	134,552	772,036	163,891
Dividend on senior preferred stock	44,082	45,107	88,165	88,413
Accretion of discount on preferred stock	4,100	4,100	8,200	8,245
Net Income Applicable to Common Shareholders	$ 261,374	$ 85,345	$ 675,671	$ 67,233
Basic and Diluted Income per Share	$ 0.15	$ 0.05	$ 0.38	$ 0.04