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Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 556,124 $ 541,739
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 128,302 109,387
Amortization of securities and other assets 100,480 94,360
Provision for loan losses 135,449 86,096
Deferred income taxes (22,998) 101,031
Other gains and losses, net (53,431) (88,366)
Stock compensation expense 87,607 73,734
Net change in:    
Cash surrender value of life insurance (74,212) (72,586)
Loans held for sale 151,298 299,539
Accrued interest receivable (79,007) (123,456)
Accrued interest payable (4,607) 655
Prepaid FDIC assessment 38,670 38,309
Other assets and liabilities 117,164 49,759
Net cash provided by operating activities 1,080,839 1,110,201
Securities available for sale:    
Purchases (808,339) (7,601,636)
Maturities, prepayments and calls 4,852,696 4,719,955
Loan originations and principal collections, net 1,614,753 (4,504,614)
Purchases of premises and equipment (115,331) (66,699)
Proceeds from sale of foreclosed real estate 91,491 494,305
Net cash provided by (used in) investing activities 5,635,270 (6,958,689)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 6,445,463 10,818,903
Net decrease in securities sold under agreements to repurchase (726,449) (843,543)
Repayment of Federal Home Loan Bank advances   (29,396)
Purchase of Company common stock (2,466,662) (282,013)
Dividends paid (106,846) (124,675)
Net cash provided by financing activities 3,145,506 9,539,276
NET INCREASE IN CASH AND CASH EQUIVALENTS 9,861,615 3,690,788
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 20,252,112 23,577,437
CASH AND CASH EQUIVALENTS, END OF PERIOD 30,113,727 27,268,225
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid on deposits and borrowed funds 572,210 698,987
Income taxes paid 84,440 194,507
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES:    
Acquisition of real estate acquired through foreclosure $ 86,936 $ 182,375