Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Cash flows from operating activities:
Net income (loss)	$ (1,018,837)	$ 132,247
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Provision for loan losses	237,860	436,528
(Gain) loss on sale of other real estate owned	(3,158)	9,016
Loss on write-down of other real estate owned	169,351	0
Gain on sale of investment securities	(29,117)	(275,212)
Depreciation and amortization expense	89,092	84,295
Discount accretion and premium amortization	109,057	(1,094)
Deferred income tax benefit	0	44,738
Increase in interest receivable	(52,690)	(69,617)
Increase (decrease) in interest payable	(274)	8,971
Decrease in other assets	182,773	241,500
Increase (decrease) in other liabilities	(110,892)	106,420
Discount on purchased loans	1,002,136	0
Stock based compensation expense	86,828	136,035
Net cash provided by operating activities	662,129	853,827
Cash flows from investing activities:
Purchase of securities available for sale	(11,510,146)	(11,489,338)
Redemption of certificates of deposit from other banks	0	247,848
Calls and maturities of securities available for sale	751,880	1,091,244
Net decrease (increase) in loans receivable	(29,671,119)	3,214,248
Proceeds from sale of loans	4,058,458	0
Proceeds from sale of available for sale securities	5,013,753	3,371,637
Proceeds from sale of equity securities	200,300	0
Proceeds from sale of other real estate owned	722,346	320,841
Capitalized other real estate owned expenses	(372,816)	0
Purchases of premises, furniture, and equipment	(27,335)	(40,653)
Net cash used in investing activities	(30,834,679)	(6,318,673)
Cash flows from financing activities:
Net increase in demand deposits, interest-bearing transaction accounts and savings accounts	21,243,911	4,586,496
Net increase (decrease) in certificates of deposit and other time deposits	16,411,473	(9,083,365)
Net (increase) decrease in borrowed funds and FHLB advances	(5,787,336)	67,137
Dividends paid	$ (87,500)	$ (87,500)
Net cash provided (used) by financing activities	31,824,298	(4,517,232)
Net increase (decrease) in cash and cash equivalents	1,651,748	(9,982,078)
Cash and cash equivalents, beginning of period	8,864,962	22,728,132
Cash and cash equivalents, end of period	10,516,710	12,498,206
Supplemental disclosure of cash flow information:
Transfer of loans to other real estate owned in settlement of loans	479,948	1,755,517
Interest paid	995,530	1,088,244
Taxes paid	$ 0	$ 0