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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 of effects of acquisition:      
Net income $ 7,293,922 $ 9,189,871 $ 5,119,781
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 3,652,694 2,411,214 1,460,427
Depreciation 1,420,986 1,452,244 1,299,370
Amortization of purchase accounting valuations and intangibles 1,500,774 (470,654) 8,714,974
Net amortization of mortgage servicing asset 195,938 195,337 128,692
Federal Home Loan Bank stock dividends (9,300) (16,400) (11,000)
Net amortization of discount on investments 1,085,587 1,167,661 834,634
(Gain) loss on sale of investment securities, net (428,200) (221,781) 170,788
Gain on loans sold, net (1,553,598) (1,963,365) (910,165)
Proceeds, including principal payments, from loans held for sale 83,134,006 80,132,706 33,096,508
Originations of loans held for sale (78,005,929) (82,385,735) (32,797,756)
Non-cash compensation 2,126,817 2,076,739 1,916,141
Deferred income tax expense (1,265,038) 324,101 1,647,022
Decrease (increase) in interest receivable and other assets 2,187,267 1,394,971 (2,700,366)
Increase in cash surrender value of bank-owned life insurance (464,170) (515,260) (578,529)
Increase (decrease) in accrued interest payable and other liabilities 403,640 (1,430,418) 130,561
Net cash provided by operating activities 21,275,396 11,341,231 17,521,082
Cash flows from investing activities, net of effects of acquisition:      
Purchases of securities available for sale (34,548,121) (48,295,723) (61,021,376)
Purchases of securities held to maturity (8,383,189)   (3,000,000)
Proceeds from maturities, prepayments and calls on securities available for sale 29,285,461 32,380,480 60,196,560
Proceeds from maturities, prepayments and calls on securities held to maturity 561,882 1,795,877 14,757,281
Proceeds from sales on securities available for sale 7,704,863 15,264,114 4,570,239
Increase in loans, net (42,046,336) (8,022,909) (51,704,628)
Reimbursement from FDIC for covered assets 1,463,468 3,135,373 4,108,337
Decrease in interest-bearing deposits in banks 589,000 2,054,000 2,284,000
Proceeds from sale of repossessed assets 5,926,909 6,988,434 2,286,722
Purchases of office properties and equipment (1,346,437) (1,451,819) (1,183,278)
Proceeds from sale of properties and equipment   1,048,771  
Net cash disbursed in business combinations     (17,154,724)
Purchases of Federal Home Loan Bank stock (4,007,100) (66,500) (2,668,900)
Proceeds from redemption of Federal Home Loan Bank stock 1,926,300 3,010,400 373,200
Net cash provided (used in) by investing activities (42,873,300) 7,840,498 (48,156,567)
Cash flows from financing activities, net of effects of acquisition:      
Decrease (increase) in deposits (30,043,203) 41,134,716 (15,396,207)
Increase (decrease) in Federal Home Loan Bank advances 50,940,980 (46,925,404) 46,221,972
Proceeds from exercise of stock options 91,105 206,526 75,110
Purchase of treasury stock (6,291,444) (5,827,639) (5,466,590)
Net cash provided by (used in) financing activities 14,697,438 (11,411,801) 25,434,285
Net change in cash and cash equivalents (6,900,466) 7,769,928 (5,201,200)
Cash and cash equivalents at beginning of year 39,539,366 31,769,438 36,970,638
Cash and cash equivalents at end of year 32,638,900 39,539,366 31,769,438
Supplementary cash flow information:      
Interest paid on deposits and borrowed funds 3,377,227 5,794,525 5,169,506
Income taxes paid 3,025,000 5,450,000 1,428,034
Noncash investing and financing activities:      
Transfer of loans to repossessed assets $ 4,824,784 $ 6,829,932 $ 6,701,569