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CONSOLIDATED STATEMENTS OF INCOME (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest income:      
Loans, including fees $ 11,970,684 $ 13,083,935 $ 14,105,571
Investment securities:      
Taxable 2,260,962 2,518,661 3,380,591
Tax-exempt 1,764,953 1,825,118 1,387,110
Dividends 35,198 28,275 17,633
Interest-bearing deposits 61,567 85,531 63,230
Total interest income 16,093,364 17,541,520 18,954,135
Interest expense:      
Deposits 1,526,829 2,458,854 3,715,472
Other borrowings 41 16,288 106,876
Total interest expense 1,526,870 2,475,142 3,822,348
Net interest income 14,566,494 15,066,378 15,131,787
Provision for loan losses 3,882,409 2,465,000 2,960,237
Net interest income after provision for loan losses 10,684,085 12,601,378 12,171,550
Noninterest income:      
Service charges on deposits 3,453,742 3,714,924 4,115,027
Gains on sales of securities 201,421 590,129 676,425
Gains on sales of assets 6,162    
Other operating income 1,799,533 1,922,566 1,237,825
Total noninterest income 5,460,858 6,227,619 6,029,277
Noninterest expense:      
Salaries and employee benefits 6,905,780 7,851,648 7,460,661
Occupancy and equipment 2,531,892 2,536,703 2,536,700
Other real estate owned, net 1,671,841 2,515,448 463,899
Other operating expenses 5,849,361 6,198,751 6,888,116
Total noninterest expense 16,958,874 19,102,550 17,349,376
Income (loss) before income taxes (813,931) (273,553) 851,451
Income tax benefit (1,082,557) (902,749) (175,114)
Net income 268,626 629,196 1,026,565
Preferred dividends 236,820 313,624 311,953
Net income available to common stockholders $ 31,806 $ 315,572 $ 714,612
Net income per common share-basic (in dollars per share) $ 0.02 $ 0.15 $ 0.34
Net income per common share-diluted (in dollars per share) $ 0.02 $ 0.15 $ 0.34
Weighted average outstanding shares:      
Basic (in shares) 2,120,366 2,107,619 2,102,677
Diluted (in shares) 2,134,188 2,126,497 2,114,002