CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Cash and due from banks, including reserve requirements of $300,000 at December 31, 2011 and 2010	$ 5,682,548	$ 4,764,094
Interest-bearing deposits with banks	27,769,113	19,033,404
Certificates of deposit	100,000	150,000
Investment securities available for sale, at fair value (amortized cost of $120,266,023 and $127,677,864 at December 31, 2011 and 2010, respectively)	124,242,463	127,355,175
Investment securities held to maturity, at cost (estimated fair value of $3,377,888 and $3,392,691 at December 31, 2011 and 2010, respectively)	3,293,969	3,311,029
Other investments	1,311,850	2,057,850
Loans receivable-net	195,431,763	191,993,806
Premises and equipment-net	7,228,164	7,520,240
Cash surrender value of life insurance	11,216,975	10,848,093
Other real estate owned-net	10,075,837	9,109,603
Other assets	10,807,159	11,662,665
Total assets	397,159,841	387,805,959
LIABILITIES:
Noninterest-bearing deposits	59,581,417	58,543,297
Interest-bearing deposits	283,449,406	279,060,901
Total deposits	343,030,823	337,604,198
Accrued expenses and other liabilities	5,285,893	4,057,004
Advances from Federal Home Loan Bank	309,947	327,836
Total liabilities	348,626,663	341,989,038
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY:
Additional paid-in capital	7,808,860	7,812,939
Retained earnings	25,827,612	25,964,469
Treasury stock, at cost, 219,072 and 217,531 shares at December 31, 2011 and 2010, respectively	(1,810,313)	(1,804,941)
Accumulated other comprehensive income (loss), net of income taxes	2,624,450	(212,973)
Total stockholders' equity	48,533,178	45,816,921
Total liabilities and stockholders' equity	397,159,841	387,805,959
Series B Preferred Stock
STOCKHOLDERS' EQUITY:
Preferred stock	7,462,000	7,462,000
Series C Preferred Stock
STOCKHOLDERS' EQUITY:
Preferred stock	4,379,000	4,379,000
Common Stock
STOCKHOLDERS' EQUITY:
Common stock	2,237,357	2,233,278
Nonvoting Common Stock
STOCKHOLDERS' EQUITY:
Common stock	90,000	90,000
Nonvested Restricted Common Stock
STOCKHOLDERS' EQUITY:
Common stock	$ (85,788)	$ (106,851)