Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule of Short-term Borrowings

Short-Term Borrowings Excluding Federal Home Loan Bank ("FHLB") Advances
	Balance at year end		Weighted average interest rate at year end		Maximum amount outstanding at any month-end		Average Daily balance outstanding during year		Average annual interest rate paid
December 31, 2012
Overnight borrowings from the Federal Reserve Bank	$	—	—	%	$	—	$	6,225	—
Securities sold under agreement to repurchase	39,191,902		0.84	%	39,191,903		36,449,509		0.79	%
Federal funds purchased	—		—	%	—		13,790		0.61	%
Total short-term borrowings excluding FHLB advances	$	39,191,902
December 31, 2011
Overnight borrowings from the Federal Reserve Bank	$	945,844	—	%	$	1,135,139	$	1,003,514	—	%
Securities sold under agreement to repurchase	37,864,098		0.84	%	47,868,704		38,175,000		0.76	%
Federal funds purchased	—		—	%	—		5,069		0.92	%
Total short-term borrowings excluding FHLB advances	$	38,809,942

The principal balance of short term advances from the FHLB consist of the following at December 31, 2011. There were no short term advances from the FHLB at December 31, 2012.

Maturity	Interest Rate		2012		2011
7/16/2012	3.90	%	$	—	$	1,000,000

Long-term Debt Maturities

The following table presents long-term advances from the FHLB at December 31, 2012 and 2011:

Maturity	Interest Rate		2012		2011
7/21/2014	2.31	%	10,000,000		10,000,000
7/21/2014	2.62	%	5,000,000		5,000,000
1/11/2015	2.99	%	5,000,000		5,000,000
4/27/2015	2.97	%	5,000,000		5,000,000
10/29/2018	0.25	%	702,678		719,690
12/19/2023	2.00	%	243,809		260,952
			$	25,946,487	$	25,980,642