Consolidated Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Cash and due from banks	$ 14,311,461	$ 4,475,324
Federal funds sold	2,250,000	4,825,000
Interest-bearing deposits in banks	7,015,976	5,015,975
Total cash and cash equivalents	23,577,437	14,316,299
Interest-bearing time deposits in banks	249,000	747,000
Securities available for sale	34,281,465	41,537,586
Securities held to maturity (fair value approximates $26 at December 31, 2010)	0	25
Federal Home Loan Bank stock, at cost	2,898,800	2,898,800
Loans, net of allowance for loan losses of $4,166,468 and $3,965,395 at December 31, 2011 and December 31, 2010, respectively	204,698,612	199,386,478
Premises and equipment, net	4,594,538	4,701,660
Accrued interest receivable	967,362	1,111,043
Cash surrender value of bank owned life insurance	9,223,847	8,924,120
Foreclosed real estate	525,873	1,102,527
Other assets	2,699,268	3,289,029
Total assets	283,716,202	278,014,567
Deposits:
Noninterest-bearing	12,490,243	10,808,127
Interest-bearing	211,621,966	204,879,217
Total deposits	224,112,209	215,687,344
Accrued interest payable	170,415	224,890
Securities sold under agreements to repurchase	2,265,008	794,732
Federal Home Loan Bank advances	3,099,119	8,213,861
Accrued expenses and other liabilities	3,519,138	3,516,545
Total liabilities	233,165,889	228,437,372
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value; authorized 10,000,000; none issued
Common stock, $0.01 par value; 50,000,000 shares authorized; 2,777,250 shares issued and 2,686,060 outstanding at December 31, 2011 and 2,777,250 outstanding at December 31, 2010	26,860	27,773
Additional paid-in capital	25,745,943	26,494,832
Common stock acquired by benefit plans:
Restricted stock	(1,094,967)	(1,085,423)
Unallocated common stock held by:
Employee Stock Ownership Plan Trust	(1,925,560)	(2,073,680)
Retained earnings	27,222,837	26,086,719
Accumulated other comprehensive income	575,200	126,974
Total stockholders' equity	50,550,313	49,577,195
Total liabilities and stockholders' equity	$ 283,716,202	$ 278,014,567