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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and cash equivalents$ 12,661,261$ 8,943,400
Investment securities - available for sale58,189,54752,871,871
Mortgage-backed securities - available for sale42,774,71341,994,850
Federal Home Loan Bank stock1,113,8001,113,800
Other investment securities118,017130,049
Loans receivable - net of allowance for loan losses of $3,264,049 and $2,964,285 as of September 30, 2011 and December 31, 2010172,004,012176,442,118
Loans held for sale - net834,400280,000
Premises and equipment - net5,549,1425,659,074
Cash surrender value of life insurance4,366,9844,238,915
Accrued interest receivable2,870,4791,872,779
Goodwill2,726,5672,726,567
Capitalized mortgage servicing rights, net of valuation allowance of $177,371 and $163,989 as of September 30, 2011 and December 31, 2010720,926797,327
Real estate owned502,382459,877
Deferred income taxes96,4251,620,994
Income taxes receivable97,128 
Other assets2,001,2062,329,232
Total Assets306,626,989301,480,853
LIABILITIES AND STOCKHOLDERS' EQUITY  
Deposits255,534,389256,423,647
Other borrowings5,179,3004,018,235
Advance payments by borrowers for taxes and insurance430,744629,788
Accrued interest payable388,966556,257
Deferred compensation payable3,230,9663,060,637
Income taxes payable 122,934
Other liabilities1,081,501991,205
Total liabilities265,845,866265,802,703
Commitments and contingencies  
Preferred stock, $0.01 par value - authorized 10,000,000 shares; none issued and outstanding  
Common stock, $0.01 par value - authorized 25,000,000 shares; issued 1,930,955 shares as of September 30, 2011 and 1,923,689 shares as of December 31, 201019,31019,237
Additional paid-in-capital16,198,51516,159,960
Retained earnings22,134,40220,045,095
Less: Unallocated ESOP shares(379,760)(395,340)
Accumulated other comprehensive income (loss)2,808,656(150,802)
Total stockholders' equity40,781,12335,678,150
Total Liabilities and Stockholders' Equity$ 306,626,989$ 301,480,853