Consolidated Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
Assets
Cash and non-interest due from banks	$ 1,023,828	$ 539,685
Federal funds sold	824,978	1,589,151
Interest-bearing bank deposits	9,471,498	16,465,014
Total cash and cash equivalents	11,320,304	18,593,850
Securities available for sale	29,507,235	28,705,311
Federal Reserve Bank stock	394,050	456,300
Federal Home Loan Bank stock	183,800
Loans held for sale	888,750	340,000
Loans receivable	52,639,397	23,300,686
Deferred loan fees, net	(132,311)	(73,850)
Allowance for loan losses	(1,091,877)	(432,750)
Loans, net	51,415,209	22,794,086
Premises and equipment, net	246,443	333,551
Accrued income and other assets	468,888	663,435
Total assets	94,424,679	71,886,533
Deposits:
Non-interest bearing demand	4,819,581	2,319,623
Interest checking	4,604,083	2,432,715
Money market	35,352,570	27,071,059
Savings	500,947	104,515
Certificates of deposit	34,500,228	24,759,204
Total deposits	79,777,409	56,687,116
Accrued expenses and other liabilities	561,446	428,129
Total liabilities	80,338,855	57,115,245
Commitments and contingencies (Note 16)
Shareholders' Equity
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued and outstanding
Common stock, $.01 par value, 50,000,000 shares authorized, 2,190,500 and 2,185,000 issued and outstanding at December 31, 2011 and December 31, 2010, respectively	21,905	21,850
Additional paid-in capital	21,794,089	21,667,958
Unearned compensation, nonvested restricted stock	(44,583)	(25,000)
Retained deficit	(7,826,852)	(6,548,688)
Accumulated other comprehensive income (loss)	141,265	(344,832)
Total shareholders' equity	14,085,824	14,771,288
Total liabilities and shareholders' equity	$ 94,424,679	$ 71,886,533