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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 1,402,063 $ 1,030,052 $ (4,707,521)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 529,001 510,280 555,235
Impairment of goodwill 0 0 2,541,476
Provision for loan losses 430,000 445,000 7,291,000
Stock compensation expense 74,048 79,140 74,612
Gain on sales of securities 0 (107,413) (1,698,136)
Loss on sales and write-downs of foreclosed assets, loans, and other assets 747,824 1,458,797 1,448,508
Deferred income taxes (383,150) 110,921 (1,012,915)
Changes in other operating assets and liabilities:      
Net change in loans held for sale 262,750 262,750 (43,500)
Accrued interest receivable 113,680 (978) 194,219
Accrued interest payable 9,855 (66,058) (174,599)
Other assets and liabilities 1,720,001 (1,000,404) 5,641,354
Net cash provided by operating activities 4,906,072 2,722,087 10,109,733
CASH FLOWS FROM INVESTING ACTIVITIES      
Securities available for sale 43,951,252 43,761,765 127,818,220
Securities held to maturity 24,032 27,560 40,111
Purchase of securities available for sale (33,522,131) (19,160,612) (110,123,951)
Purchase of Federal Home Loan Bank stock 0 0 (93,700)
Loan originations and principal collections, net (19,536,686) 3,868,694 37,003,774
Purchase of bank premises and equipment (160,164) (123,670) (835,007)
Proceeds from sale of other real estate and other assets 5,812,785 5,982,633 7,094,142
Net cash (used in) provided by investing activities (3,430,912) 34,356,370 60,903,589
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 30,838,649 (21,405,146) (69,295,023)
(Decrease) increase in federal funds purchased and securities sold under agreements to repurchase (9,803,423) 5,065,438 (1,996,513)
Repayment of Federal Home Loan Bank advances (5,000,000) (10,000,000) (17,000,000)
Net repayments of other borrowings (870,000) (1,670,000) (635,000)
Payment of dividends (985,917) (303,412) (34,463)
Issuance of preferred stock 4,858,078 7,135,402 2,727,424
Net cash provided by (used in) financing activities 19,037,387 (21,177,718) (86,233,575)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 20,512,547 15,900,739 (15,220,253)
CASH AND CASH EQUIVALENTS, beginning of year 38,882,691 22,981,952 38,202,205
CASH AND CASH EQUIVALENTS, end of year 59,395,238 38,882,691 22,981,952
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid during the period for interest 4,774,972 6,427,926 9,376,413
Cash paid during the period for taxes 965,888 44,600 500,000
NONCASH INVESTING AND FINANCING ACTIVITIES      
Acquisition of real estate through foreclosure $ 8,530,357 $ 11,300,888 $ 10,645,773