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Consolidated Statement of Changes in Stockholders' Equity - Unaudited (USD $) | Total | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member]
--- | --- | --- | --- | --- | --- | ---
BALANCE at Dec. 31, 2013 | $ 40,133,728 | $ 14,892,927 | $ 6,547,074 | $ 21,549,883 | $ (3,099,451) | $ 243,295
Stock compensation expense | 80,000 | 0 | 0 | 80,000 | 0 | 0
Issuance of common stock, 80,324 shares | 191,001 | 0 | 80,324 | 110,677 | 0 | 0
Preferred stock dividends paid | (750,000) | 0 | 0 | 0 | (750,000) | 0
Accretion on preferred stock | 0 | 35,691 | 0 | 0 | (35,691) | 0
Net income | 821,634 | 0 | 0 | 0 | 821,634 | 0
Unrealized holding losses on securities available for sale, net of reclassification adjustment | (107,408) | 0 | 0 | 0 | 0 | (107,408)
BALANCE at Jun. 30, 2014 | $ 40,368,955 | $ 14,928,618 | $ 6,627,398 | $ 21,740,560 | $ (3,063,508) | $ 135,887

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