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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest Income      
Loans, including fees $ 40,535,633 $ 42,797,878 $ 34,604,712
Investment securities 3,060,521 3,169,429 3,686,134
Other investments and deposits 124,355 154,820 144,346
Total interest income 43,720,509 46,122,127 38,435,192
Interest Expense      
Deposits 3,043,982 4,227,495 4,626,198
Short-term Federal Home Loan Bank advances 46,716 39,592 47,163
Long-term Federal Home Loan Bank advances 412,210 646,782 543,809
Total interest expense 3,502,908 4,913,869 5,217,170
Net interest income 40,217,601 41,208,258 33,218,022
Provision for loan losses 3,652,694 2,411,214 1,460,427
Net interest income after provision for loan losses 36,564,907 38,797,044 31,757,595
Noninterest Income      
Service fees and charges 2,729,469 2,493,177 2,379,683
Bank card fees 1,730,960 1,795,960 1,737,554
Gain on sale of loans, net 1,553,598 1,963,365 910,165
Income from bank-owned life insurance 464,170 515,260 578,529
Gain (loss) on sale of securities, net 428,200 221,781 (170,788)
Accretion of FDIC loss sharing receivable 432,929 580,980 851,080
Settlement of litigation     525,000
Other income 330,523 190,292 188,749
Total noninterest income 7,669,849 7,760,815 6,999,972
Noninterest Expense      
Compensation and benefits 20,329,834 19,687,444 17,821,501
Occupancy 3,524,567 3,276,166 3,041,892
Marketing and advertising 766,388 743,814 980,557
Data processing and communication 2,441,796 2,801,124 3,141,776
Professional services 1,060,656 890,205 1,378,504
Forms, printing and supplies 429,888 477,924 542,079
Franchise and shares tax 710,775 613,733 675,801
Regulatory fees 889,967 854,041 857,990
Foreclosed assets, net 522,903 1,051,397 471,637
Other expenses 2,527,922 2,367,210 2,090,638
Total noninterest expense 33,204,696 32,763,058 31,002,375
Income before income tax expense 11,030,060 13,794,801 7,755,192
Income tax expense 3,736,138 4,604,930 2,635,411
Net Income $ 7,293,922 $ 9,189,871 $ 5,119,781
Earnings per share:      
Basic $ 1.11 $ 1.33 $ 0.72
Diluted $ 1.06 $ 1.28 $ 0.71