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Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)
Total
Preferred Stock
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Beginning balance at Dec. 31, 2010 $ 101,488,311 $ 28,841,242 $ 4,635,891 $ 28,928,545 $ 41,857,302 $ 742,149 $ (3,516,818)
Net income 2,362,111          2,362,111      
Other comprehensive income loss 1,663,742         1,663,742  
Stock based compensation expense 33,877       33,877         
Accretion of preferred stock discount    238,237       (238,237)      
Stock dividend          1,458,534 (1,458,534)      
Cash dividends declared, preferred stock (756,376)          (756,376)      
Cash dividends declared, common stock (447,404)          (447,404)      
Ending balance at Jun. 30, 2011 104,344,261 29,079,479 4,635,891 30,420,956 41,318,862 2,405,891 (3,516,818)
Beginning balance at Dec. 31, 2011 (Scenario, previously reported) 102,575,773 29,317,716 4,814,852 30,265,992 40,354,112 1,339,919 (3,516,818)
Beginning balance (Adjustments for change in accounting principle) 459,890          459,890      
Beginning balance at Dec. 31, 2011 102,575,773 29,317,716 4,814,852 30,265,992 40,814,002 1,339,919 (3,516,818)
Net income 2,190,766          2,190,766      
Other comprehensive income loss 106,910         106,910  
Stock based compensation expense 19,906       19,906         
Accretion of preferred stock discount    515,499       (515,499)      
Redemption of 12,000 shares of preferred stock (12,000,000) (12,000,000)          
Stock dividend          1,706,719 (1,706,719)      
Cash dividends declared, preferred stock (746,375)          (746,375)      
Cash dividends declared, common stock (465,299)          (465,299)      
Ending balance at Jun. 30, 2012 $ 92,141,571 $ 17,833,215 $ 4,814,852 $ 31,992,617 $ 39,570,876 $ 1,446,829 $ (3,516,818)