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Consolidated Statements of Stockholders' Equity And Comprehensive Income (Unaudited) (USD $)
Total
Preferred Stock
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Balance at Dec. 31, 2009 $ 107,771,283 $ 28,364,768 $ 4,463,813 $ 26,970,745 $ 50,576,551 $ 912,224 $ (3,516,818)
Net income 1,276,234       1,276,234    
Change in unrealized gain (loss) on securities:              
Unrealized gain on debt securities available-for-sale, net of tax 1,145,269         1,145,269  
Defined benefit pension plans:              
Amortization of prior service cost included in net periodic pension cost, net of tax 23,982         23,982  
Total other comprehensive income 1,169,251            
Total comprehensive income 2,445,485            
Stock based compensation expense 48,542     48,542      
Accretion of preferred stock discount   238,237     (238,237)    
Stock dividend       2,042,568 (2,042,568)    
Cash dividends declared, preferred stock (756,375)       (756,375)    
Cash dividends declared, common stock (688,313)       (688,313)    
Balance at Jun. 30, 2010 108,820,622 28,603,005 4,463,813 29,061,855 48,127,292 2,081,475 (3,516,818)
Balance at Dec. 31, 2010 101,488,311 28,841,242 4,635,891 28,928,545 41,857,302 742,149 (3,516,818)
Net income 2,362,111       2,362,111    
Change in unrealized gain (loss) on securities:              
Unrealized gain on debt securities available-for-sale, net of tax 1,639,760         1,639,760  
Defined benefit pension plans:              
Amortization of prior service cost included in net periodic pension cost, net of tax 23,982         23,982  
Total other comprehensive income 1,663,742            
Total comprehensive income 4,025,853            
Stock based compensation expense 33,877     33,877      
Accretion of preferred stock discount   238,237     (238,237)    
Stock dividend       1,458,534 (1,458,534)    
Cash dividends declared, preferred stock (756,376)       (756,376)    
Cash dividends declared, common stock (447,404)       (447,404)    
Balance at Jun. 30, 2011 $ 104,344,261 $ 29,079,479 $ 4,635,891 $ 30,420,956 $ 41,318,862 $ 2,405,891 $ (3,516,818)