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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 1,680,809 $ 1,402,063 $ 1,030,052
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 506,902 529,001 510,280
Provision for loan losses 300,000 430,000 445,000
Stock compensation expense 129,056 74,048 79,140
Gains from sale of securities (652,421) 0 (107,413)
Net gains from sale of loans and other assets (403,569) (151,710) (134,997)
Loss from sale and write-downs of foreclosed assets 1,687,965 899,534 1,593,794
Deferred income taxes 105,340 (383,150) 110,921
Changes in other operating assets and liabilities:      
Accrued interest receivable 235,853 113,680 (978)
Accrued interest payable (38,238) 9,855 (66,058)
Other assets and liabilities 869,860 1,720,001 (1,000,404)
Net cash provided by operating activities 4,421,557 4,643,322 2,459,337
CASH FLOWS FROM INVESTING ACTIVITIES      
Securities available for sale 34,902,675 43,951,252 43,761,765
Securities held to maturity 10,892 24,032 27,560
Purchase of securities available for sale (52,397,426) (33,522,131) (19,160,612)
Loan originations and principal collections, net (13,018,303) (15,789,776) 7,416,394
Purchase of bank premises and equipment (14,253) (160,164) (123,670)
Proceeds from sale of bank premises and equipment and foreclosed assets 3,422,717 2,328,625 2,697,683
Net cash (used in) provided by investing activities (27,093,698) (3,168,162) 34,619,120
CASH FLOWS FROM FINANCING ACTIVITIES      
Net (decrease) increase in deposits (3,466,216) 30,838,649 (21,405,146)
Increase (decrease) in federal funds purchased and securities sold under agreements to repurchase 3,386,730 (9,803,423) 5,065,438
Repayment of Federal Home Loan Bank advances (10,000,000) (5,000,000) (10,000,000)
Repayment of other borrowings (435,000) (870,000) (1,670,000)
Payment of dividends (1,433,893) (985,917) (303,412)
Issuance of common stock 77,019 0 0
Issuance of preferred stock 0 4,858,078 7,135,402
Net cash (used in) provided by financing activities (11,871,360) 19,037,387 (21,177,718)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (34,543,501) 20,512,547 15,900,739
CASH AND CASH EQUIVALENTS, beginning of year 59,395,238 38,882,691 22,981,952
CASH AND CASH EQUIVALENTS, end of year 24,851,737 59,395,238 38,882,691
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid during the year for interest 3,560,789 4,774,972 6,427,926
Cash paid during the year for taxes 1,107,997 965,888 44,600
NONCASH INVESTING AND FINANCING ACTIVITIES      
Acquisition of real estate through foreclosure 11,300,888 8,530,357 1,672,659
Financed sales of foreclosed assets $ 3,939,495 $ 3,484,160 $ 3,284,950