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Consolidated Statements of Changes in Stockholders' Equity (USD $)
Total
Comprehensive Income
Common Stock
Additional Paid-In Capital
Retained Earnings
Common Stock Acquired By Benefit Plans
Accumulated Other Comprehensive Income
Balance at Dec. 31, 2009 $ 25,722,136 $ 0 $ 0 $ 0 $ 25,498,921 $ 0 $ 223,215
Comprehensive income:              
Net income 843,305 843,305     843,305    
Other comprehensive income, net of tax:              
Change in unrealized gains (losses) on securities available for sale, net of tax effect of $(58,986) and $274,718 for 2010 and 2011 respectively (96,241) (96,241)         (96,241)
Total comprehensive income   747,064          
Dividends - $0.10 and $0.20 per share for 2010 and 2011 respectively (255,507)       (255,507)    
Issuance of common stock, net of expense of $1,258,300 24,285,400   27,773 26,479,427   (2,221,800)  
Shares released by ESOP trust 163,525     15,405   148,120  
Purchase of restricted stock plan shares (1,085,423)         (1,085,423)  
Balance at Dec. 31, 2010 49,577,195 0 27,773 26,494,832 26,086,719 (3,159,103) 126,974
Comprehensive income:              
Net income 1,907,772 1,907,772     1,907,772    
Other comprehensive income, net of tax:              
Change in unrealized gains (losses) on securities available for sale, net of tax effect of $(58,986) and $274,718 for 2010 and 2011 respectively 448,226 448,226         448,226
Total comprehensive income   2,355,998          
Dividends - $0.10 and $0.20 per share for 2010 and 2011 respectively (510,756)       (510,756)    
Purchase and release of restricted stock plan shares (225,780)     (216,236)   (9,544)  
Shares released by ESOP trust 190,482     42,362   148,120  
Stock compensation expense 294,937     294,937      
Purchase of Company common stock (1,131,763)   (913) (869,952) (260,898)    
Balance at Dec. 31, 2011 $ 50,550,313 $ 0 $ 26,860 $ 25,745,943 $ 27,222,837 $ (3,020,527) $ 575,200