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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest and dividend income:    
Loans, including fees $ 11,304,008 $ 11,670,912
Taxable securities 1,131,053 1,486,351
Tax exempt securities 305,142 340,622
Interest-bearing deposits 7,983 41,782
Total interest and dividend income 12,748,186 13,539,667
Interest expense:    
Deposits 624,081 912,649
Securities sold under agreements to repurchase 219,349 282,772
Borrowed funds 187,789 313,039
Total interest expense 1,031,219 1,508,460
Net interest income 11,716,967 12,031,207
Provision for loan losses 431,010 477,305
Net interest income after provision for loan losses 11,285,957 11,553,902
Other operating income:    
Wealth management group fee income 1,750,178 1,775,576
Service charges on deposit accounts 968,772 991,880
Net gain on securities transactions 0 297,169
Net gain on sales of loans held for sale 111,916 65,340
Casualty gains 0 758,857
Net losses on sales of other real estate owned 0 (6,459)
Income from bank owned life insurance 20,647 21,525
Other 1,170,064 986,510
Total other operating income 4,021,577 4,890,398
Other operating expenses:    
Salaries and wages 4,818,229 4,492,675
Pension and other employee benefits 1,424,476 1,289,940
Net occupancy expenses 1,361,584 1,294,877
Furniture and equipment expenses 518,499 518,366
Data processing expense 1,112,933 1,078,931
Professional services 329,023 150,213
Amortization of intangible assets 234,601 284,140
Marketing and advertising expense 287,577 289,239
Other real estate owned expenses 35,672 43,479
FDIC insurance 216,860 226,631
Loan expense 143,101 180,147
Other 1,242,202 1,082,583
Total other operating expenses 11,724,757 10,931,221
Income before income tax expense 3,582,777 5,513,079
Income tax expense 1,171,009 1,898,546
Net income $ 2,411,768 $ 3,614,533
Weighted average shares outstanding (in shares) 4,655,862 4,642,012
Basic and diluted earnings per share (in dollars per share) $ 0.52 $ 0.78