Consolidated Balance Sheets (USD $)	Mar. 31, 2013	Dec. 31, 2012
ASSETS
Cash and due from banks	$ 26,097,750	$ 16,236,135
Federal funds sold
Interest-bearing deposits in banks	4,015,977	4,015,977
Total cash and cash equivalents	30,113,727	20,252,112
Interest-bearing time deposits in banks	249,000	249,000
Securities available for sale	27,938,865	32,150,108
Investments, at cost	3,393,800	3,393,800
Loans, net of allowance for loan losses of $4,550,036 and $4,475,302 at March 31, 2013 and December 31, 2012, respectively	215,298,317	217,274,617
Premises and equipment, net	4,591,911	4,604,882
Accrued interest receivable	993,368	914,361
Cash surrender value of bank owned life insurance	9,586,383	9,512,171
Foreclosed real estate	545,269	508,529
Other assets	2,833,877	2,772,917
Total assets	295,544,517	291,632,497
Deposits:
Noninterest-bearing	17,982,994	15,640,110
Interest-bearing	222,710,572	218,607,993
Total deposits	240,693,566	234,248,103
Accrued interest payable	153,692	158,299
Securities sold under agreements to repurchase	1,383,092	2,109,541
Federal Home Loan Bank advances	3,000,000	3,000,000
Accrued expenses and other liabilities	4,292,078	4,112,150
Total liabilities	249,522,428	243,628,093
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued
Common stock, $0.01 par value; 50,000,000 shares authorized; 2,777,250 shares issued and 2,220,813 outstanding at March 31, 2013 and 2,358,568 at December 31, 2012	22,208	23,586
Additional paid-in capital	21,482,838	22,774,875
Common stock acquired by benefit plans:
Restricted stock	(813,271)	(878,732)
Unallocated common stock held by:
Employee Stock Ownership Plan Trust	(1,777,440)	(1,777,440)
Retained earnings	26,618,110	27,319,933
Accumulated other comprehensive income	489,644	542,182
Total stockholders’ equity	46,022,089	48,004,404
Total liabilities and stockholders’ equity	$ 295,544,517	$ 291,632,497