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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Statement of Financial Position [Abstract]    
Cash and due from banks $ 11,273,575 $ 23,459,776
Federal funds sold and overnight deposits 18,608,265 5,000
Total cash and cash equivalents 29,881,840 23,464,776
Securities held-to-maturity (fair value $42,291,000 at 12/31/12, $30,289,000 at 12/31/11) 41,865,555 29,702,159
Securities available-for-sale 40,886,059 66,098,917
Restricted equity securities, at cost 4,021,350 4,308,550
Loans held-for-sale 1,501,706 2,285,567
Loans 416,375,448 386,386,472
Allowance for loan losses (4,312,080) (3,886,502)
Deferred net loan costs 169,501 7,251
Net loans 412,232,869 382,507,221
Bank premises and equipment, net 12,243,320 12,715,226
Accrued interest receivable 1,751,085 1,700,600
Bank owned life insurance 4,187,644 4,063,246
Core deposit intangible 1,363,476 1,704,346
Goodwill 11,574,269 11,574,269
Other real estate owned (OREO) 1,074,705 90,000
Prepaid expense - Federal Deposit Insurance Corporation (FDIC) 775,595 1,131,861
Other assets 12,378,772 11,558,779
Total assets 575,738,245 552,905,517
Demand, non-interest bearing 72,956,097 62,745,782
NOW 128,824,165 123,493,475
Money market funds 86,973,835 71,408,069
Savings 65,216,698 59,284,631
Time deposits, $100,000 and over 44,229,470 51,372,782
Other time deposits 77,296,594 86,088,570
Total deposits 475,496,859 454,393,309
Federal funds purchased and other borrowed funds 6,000,000 18,010,000
Repurchase agreements 34,149,608 21,645,446
Capital lease obligations 774,701 833,467
Junior subordinated debentures 12,887,000 12,887,000
Accrued interest and other liabilities 3,077,502 4,217,886
Total liabilities 532,385,670 511,987,108
Preferred stock, 1,000,000 shares authorized, 25 shares issued and outstanding ($100,000 liquidation value) 2,500,000 2,500,000
Common stock - $2.50 par value; 10,000,000 shares authorized at December 31, 2012 and 2011, and 5,023,026 and 4,938,262 shares issued at December 31, 2012 and 2011, respectively (including 19,182 and 24,324 shares issued February 2, 2013 and 2012, respectively) 12,557,565 12,345,655
Additional paid-in capital 28,047,829 27,410,049
Retained earnings 2,698,200 1,151,751
Accumulated other comprehensive income 171,758 133,731
Less: treasury stock, at cost; 210,101 shares at December 31, 2012 and 2011 (2,622,777) (2,622,777)
Total shareholders' equity 43,352,575 40,918,409
Total liabilities and shareholders' equity $ 575,738,245 $ 552,905,517