CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2011	Dec. 31, 2010
Cash and due from banks:
Non-interest bearing	$ 8,132,559	$ 4,827,021
Interest bearing	31,310,156	991,832
Total cash and due from banks	39,442,715	5,818,853
Federal funds sold	0	112,497
Investment Securities:
Available-for-sale (amortized cost, in 2011 and 2010, of $93,224,417 and $94,250,975, respectively)	95,916,285	97,308,410
Held-to-maturity (fair value, in 2011 and 2010, of $34,393,641 and $40,609,764, respectively)	33,239,387	39,760,756
Equity securities	1,635,800	1,835,200
Loans, less allowance for loan losses of $3,300,305 in 2011 and $2,420,143 in 2010	193,448,706	208,144,673
Loans held for sale	3,756,617	6,074,014
Bank premises and equipment, net	7,398,375	7,599,077
Other real estate	2,975,736	3,303,189
Accrued interest receivable	1,501,282	1,781,242
Cash surrender value of life insurance	1,164,509	1,145,016
Core Deposits, net	289,002	342,810
Other assets	1,903,461	2,193,946
TOTAL ASSETS	382,671,875	375,419,683
Deposits
Non-interest bearing	58,681,484	45,634,123
Interest bearing	217,118,074	212,908,407
Total deposits	275,799,558	258,542,530
Federal Home Loan Bank advances	9,000,000	17,457,000
Securities sold under repurchase agreements	50,365,670	51,365,895
Accrued interest payable	635,187	657,984
Advances from borrowers for taxes and insurance	166,060	245,943
Accrued taxes and other liabilities	1,602,581	2,063,358
Junior subordinated debentures	5,155,000	5,155,000
Total liabilities	342,724,056	335,487,710
STOCKHOLDERS' EQUITY:
Common stock - $2.50 par value per share; 12,000,000 shares authorized; 2,156,966 and 2,149,966 issued and 2,142,466 and 2,135,466 outstanding, as of June 30, 2011 and December 31, 2010, respectively	5,392,415	5,374,915
Additional paid-in capital	7,408,945	7,379,891
Retained earnings	25,716,033	25,517,531
Accumulated other comprehensive income	1,687,801	1,917,011
Less: Treasury stock, 14,500 shares, at cost	(257,375)	(257,375)
Total stockholders' equity	39,947,819	39,931,973
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 382,671,875	$ 375,419,683