CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2012	Dec. 31, 2011
Assets
Cash and due from banks	$ 11,235,647	$ 13,074,091
Federal funds sold	385,000	5,040,000
Interest-bearing deposits with banks	398,017	1,004,098
Securities available for sale (AFS), at fair value	40,665,026	41,827,612
Securities held to maturity (HTM), at amortized cost	126,915,558	153,516,839
Federal Home Loan Bank and Federal Reserve Bank stock - at cost	5,780,450	5,587,000
Loans receivable - net of allowance for loan losses of $7,464,137 and $7,655,041	734,414,892	710,088,775
Premises and equipment, net	19,322,261	16,440,902
Foreclosed real estate (OREO)	5,562,158	5,028,513
Accrued interest receivable	3,079,092	3,027,784
Investment in bank owned life insurance	18,417,201	18,098,085
Other assets	9,699,419	10,746,024
Total Assets	975,874,721	983,479,723
Liabilities and Stockholders' Equity
Non-interest-bearing deposits	84,661,470	81,097,622
Interest-bearing deposits	731,112,854	746,155,579
Total deposits	815,774,324	827,253,201
Short-term borrowings	3,000,000	0
Long-term debt	60,552,148	60,576,595
Guaranteed preferred beneficial interest in junior subordinated debentures	12,000,000	12,000,000
Accrued expenses and other liabilities	8,186,305	8,195,829
Total Liabilities	899,512,777	908,025,625
Stockholders' Equity
Preferred Stock, value	20,000,000	20,000,000
Common stock - par value $.01; authorized - 15,000,000 shares; issued 3,048,084 and 3,026,557 shares, respectively	30,481	30,266
Additional paid in capital	17,733,436	17,367,403
Retained earnings	39,283,317	38,712,194
Accumulated other comprehensive gain	297,350	289,599
Unearned ESOP shares	(982,640)	(945,364)
Total Stockholders' Equity	76,361,944	75,454,098
Total Liabilities and Stockholders' Equity	975,874,721	983,479,723
Preferred Stock, Senior Non-Cumulative Perpetual, Series C
Stockholders' Equity
Preferred Stock, value	$ 20,000,000	$ 20,000,000