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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Summary of Estimated Life Premises and Equipment

The following estimated useful lives are used for financial statement purposes:

 

Land improvements 5-31 years
Building and improvements 10-40 years
Machinery and equipment 5-10 years
Computer equipment 3-5 years
Office furniture and fixtures 5-10 years

Summary of Accumulated Other Comprehensive Income (Loss)

The following table presents the components of accumulated other comprehensive income (loss) as of December 31, 2012 and 2011.

 

    2012 2011
Unrealized gain (loss) on AFS securities:      
  Gross $ 664,699  $ 1,396,698 
  Tax (225,997) (474,878)
  Net 438,702  921,820 
Unrealized gain (loss) on pension plan benefits:      
  Gross (1,680,224) (2,098,116)
  Tax 571,276  713,359 
  Net (1,108,948) (1,384,757)
Total accumulated other comprehensive income (loss)   $(670,246) $ (462,937)