XML 75 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share (Details) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Basic (loss) earnings per common share:    
Net (loss) income $ (136,549) $ 1,450,735
Less: Preferred stock dividends 223,117 369,783
Accretion of discount on preferred stock 71,873 119,119
Net (loss) income available to common shareholders (431,539) 961,833
Basic (loss) earnings per share $ (0.09) $ 0.20
Diluted (loss) earnings per common share:    
Net (loss) income (136,549) 1,450,735
Less: Preferred stock dividends 223,117 369,783
Accretion of discount on preferred stock 71,873 119,119
Net (loss) income available to common shareholders $ (431,539) $ 961,833
Average shares outstanding 4,839,114 4,839,114
Effect of dilutive stock options 0 0
Average shares outstanding including dilutive stock options 4,839,114 4,839,114
Diluted (loss) earnings per share $ (0.09) $ 0.20