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Deposits (Tables)

12 Months Ended

Dec. 31, 2012

Deposits/Regulatory and Operational Matters [Abstract]

Summary of company's deposits


		Weighted								Weighted
		Average								Average
		Interest Rate				2012				Interest Rate				2011
Non-interest bearing			—			$	65,176,125				—			$	65,613,374

Interest bearing:
Time certificates, less than $100,000			1.37	%			160,610,601				1.57	%			198,207,998
Time certificates, $100,000 or more			1.50	%			121,142,374				1.73	%			144,405,859
Money market			0.20	%			42,401,428				0.13	%			52,889,642
Savings			0.51	%			77,760,967				0.62	%			59,396,310
NOW			0.07	%			30,191,403				0.06	%			24,396,210

Total interest bearing							432,106,773								479,296,019

Total deposits						$	497,282,898							$	544,909,393

Contractual maturities of time certificates of deposit


		Weighted Average Interest Rate
Due within:
1 year			1.09	%		$	203,941,972
1-2 years			2.68	%			46,561,996
2-3 years			2.17	%			17,080,107
3-4 years			1.67	%			5,615,039
4-5 years			1.58	%			8,553,861

			1.45	%		$	281,752,975

Interest expense on deposits


		Year Ended December 31,
		2012				2011				2010
Time certificates, less than $100,000		$	2,706,666			$	3,380,456			$	5,761,993
Time certificates, $100,000 or more			2,225,726				2,567,071				3,961,176
Money market			71,808				88,813				891,710
Savings			330,842				235,628				489,176
NOW			16,435				11,610				74,738

		$	5,351,477			$	6,283,578			$	11,178,793