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Consolidated Statements of Operations (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest and Dividend Income        
Interest and fees on loans $ 6,538,593 $ 8,937,870 $ 13,495,154 $ 18,034,359
Interest on investment securities 486,738 377,286 760,921 866,848
Dividends on investment securities 80,728 66,421 150,629 135,706
Interest on federal funds sold 2,385 4,486 6,411 7,847
Other interest income 58,363 21,456 120,253 53,270
Total interest and dividend income 7,166,807 9,407,519 14,533,368 19,098,030
Interest Expense        
Interest on deposits 1,553,745 2,948,548 3,419,094 6,065,864
Interest on Federal Home Loan Bank borrowings 423,529 423,529 842,404 842,404
Interest on subordinated debt 71,219 71,031 141,617 140,364
Interest on other borrowings 76,927 76,927 153,009 153,008
Total interest expense 2,125,420 3,520,035 4,556,124 7,201,640
Net interest income 5,041,387 5,887,484 9,977,244 11,896,390
Provision for Loan Losses 1,482,798 512,000 8,464,427 1,239,000
Net interest income after provision for loan losses 3,558,589 5,375,484 1,512,817 10,657,390
Non-interest Income        
Mortgage brokerage referral fees 1,610 26,790 14,610 53,674
Loan application, inspection & processing fees 23,966 39,554 40,765 75,383
Deposit fees and service charges 248,039 274,197 528,940 527,718
Gains on sale of loans 79,729   79,729  
Earnings on cash surrender value of life insurance 152,985 138,722 321,245 268,833
Other income 203,984 81,363 307,874 173,486
Total non-interest income 710,313 560,626 1,293,163 1,099,094
Non-interest Expenses        
Salaries and benefits 3,189,311 3,191,355 6,403,826 6,552,640
Occupancy and equipment expense 1,291,826 1,297,900 2,646,393 2,836,297
Data processing 336,005 291,664 663,809 581,827
Advertising and promotional expenses 271,781 71,045 429,755 154,678
Professional and other outside services 1,234,958 702,994 2,116,665 1,875,171
Loan administration and processing expenses 48,159 71,188 85,218 176,216
Regulatory assessments 628,476 689,798 1,239,744 1,384,641
Insurance expense 228,637 128,269 459,411 404,399
Other real estate operations 774,450 511,453 1,044,957 1,305,627
Material and communications 164,115 200,581 364,253 401,863
Restructuring charges and asset disposals (Note 11) 2,986,441   2,986,441  
Other operating expenses 290,111 180,040 523,474 389,869
Total non-interest expenses 11,444,270 7,336,287 18,963,946 16,063,228
Loss before income taxes (7,175,368) (1,400,177) (16,157,966) (4,306,744)
Provision for Income Taxes       (225,000)
Net loss $ (7,175,368) $ (1,400,177) $ (16,157,966) $ (4,531,744)
Basic and diluted loss per share (Note 5) $ (0.19) $ (0.29) $ (0.42) $ (0.95)