Subsequent Events	6 Months Ended
Jun. 30, 2010
Subsequent Events
Subsequent Events	NOTE 8 – SUBSEQUENT EVENT Subsequent to June 30, 2011, the Company participated in two federally assisted acquisitions that will likely not have a material impact on the Company's operations and statement of condition. The acquisitions are described as follows: High Trust Bank, Stockbridge, Georgia: On July 15, 2011, the Bank purchased substantially all of the assets and assumed substantially all the liabilities of High Trust Bank ("HTB") from the FDIC, as Receiver of HTB. HTB operated two branches in Stockbridge and Leary, Georgia. The Company's agreement with the FDIC included a loss-sharing agreement which affords the Bank significant protection from losses associated with loans and OREO. Under the terms of the loss-sharing agreements, the FDIC will absorb 80% of losses and share 80% of loss recoveries during the term of the agreements. The term for loss sharing on residential real estate loans is ten years, while the term for loss sharing on all other loans is five years. The Company's bid to acquire HTB included a discount on the book value of the assets totaling $33.5 million. The Bank's bid resulted in a cash payment from the FDIC totaling $30.2 million. The Company's gain on the acquisition is estimated to be less than $10.0 million, after tax. One Georgia Bank, Atlanta, Georgia: On July 15, 2011, the Bank purchased substantially all of the assets and assumed substantially all the liabilities of One Georgia Bank ("OGB") from the FDIC, as Receiver of OGB. OGB operated one branch in Atlanta, Georgia. The Company's agreement with the FDIC included a loss-sharing agreement which affords the Bank significant protection from losses associated with loans and OREO. Under the terms of the loss-sharing agreements, the FDIC will absorb 80% of losses and share 80% of loss recoveries during the term of the agreements. The term for loss sharing on residential real estate loans is ten years, while the term for loss sharing on all other loans is five years. The Company's bid to acquire OGB included a discount on the book value of the assets totaling $22.5 million. The Bank's bid resulted in a cash payment to the FDIC totaling $5.7 million. The Company's gain on the acquisition is estimated to be less than $4.0 million, after tax.

Subsequent Events

6 Months Ended

Jun. 30, 2010

NOTE 8 – SUBSEQUENT EVENT

Subsequent to June 30, 2011, the Company participated in two federally assisted acquisitions that will likely not have a material impact on the Company's operations and statement of condition. The acquisitions are described as follows:

High Trust Bank, Stockbridge, Georgia:

On July 15, 2011, the Bank purchased substantially all of the assets and assumed substantially all the liabilities of High Trust Bank ("HTB") from the FDIC, as Receiver of HTB. HTB operated two branches in Stockbridge and Leary, Georgia. The Company's agreement with the FDIC included a loss-sharing agreement which affords the Bank significant protection from losses associated with loans and OREO. Under the terms of the loss-sharing agreements, the FDIC will absorb 80% of losses and share 80% of loss recoveries during the term of the agreements. The term for loss sharing on residential real estate loans is ten years, while the term for loss sharing on all other loans is five years.

The Company's bid to acquire HTB included a discount on the book value of the assets totaling $33.5 million. The Bank's bid resulted in a cash payment from the FDIC totaling $30.2 million. The Company's gain on the acquisition is estimated to be less than $10.0 million, after tax.

One Georgia Bank, Atlanta, Georgia:

On July 15, 2011, the Bank purchased substantially all of the assets and assumed substantially all the liabilities of One Georgia Bank ("OGB") from the FDIC, as Receiver of OGB. OGB operated one branch in Atlanta, Georgia. The Company's agreement with the FDIC included a loss-sharing agreement which affords the Bank significant protection from losses associated with loans and OREO. Under the terms of the loss-sharing agreements, the FDIC will absorb 80% of losses and share 80% of loss recoveries during the term of the agreements. The term for loss sharing on residential real estate loans is ten years, while the term for loss sharing on all other loans is five years.

The Company's bid to acquire OGB included a discount on the book value of the assets totaling $22.5 million. The Bank's bid resulted in a cash payment to the FDIC totaling $5.7 million. The Company's gain on the acquisition is estimated to be less than $4.0 million, after tax.