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Consolidated Statements of Cash Flows (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities:    
Net (loss) income $ (1,956,967) $ 545,530
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Restructuring charges and asset disposals   311,616
Amortization and accretion of investment premiums and discounts, net 37,623 114,285
Amortization and accretion of purchase loan premiums and discounts, net 2,013 2,333
Provision for loan losses (29,786) (845,402)
Gain on sale of loans   (263,646)
Gain on sale of mortgage loans (41,750)  
Originations of mortgage loans held for sale (7,153,791)  
Proceeds from sales of mortgage loans held for sale 2,171,192  
Loss on sale of investment securities   8,042
Earnings on cash surrender value of life insurance (127,109) (142,669)
Depreciation and amortization 289,020 300,970
Gain on sale of other real estate owned (200,383) (201,355)
Share-based compensation 7,651 79,631
Changes in assets and liabilities:    
(Increase) decrease in net deferred loan costs (57,747) 314,763
Decrease in accrued interest and dividends receivable 7,856 210,388
Decrease (increase) in other assets 41,955 (626,693)
Decrease in accrued expenses and other liabilities (1,521,584) (406,919)
Net cash used in operating activities (8,531,807) (599,126)
Cash Flows from Investing Activities:    
Principal repayments on available for sale securities 631,528 2,690,810
Proceeds from the sale of available for sale securities   5,165,626
Proceeds from repurchase of excess stock by Federal Reserve Bank 36,450 14,850
Proceeds from repurchase of excess stock by Federal Home Loan Bank 201,200 164,500
Proceeds from sale of loans   67,126,928
Net decrease (increase) in loans 2,937,892 (32,361,045)
Proceeds from sale of other real estate owned 1,309,587 1,823,435
Capital improvements of other real estate owned   (32,943)
Purchase of bank premises and equipment, net (239,122) (125,141)
Net cash provided by investing activities 4,877,535 44,467,020
Cash Flows from Financing Activities:    
Net increase (decrease) in demand, savings and money market deposits 7,245,002 (4,345,839)
Net decrease in time certificates of deposits (12,841,609) (973,234)
Increase in FHLB borrowings   10,000,000
Net cash (used in) provided by financing activities (5,596,607) 4,680,927
Net (decrease) increase in cash and cash equivalents (9,250,879) 48,548,821
Cash and Cash Equivalents:    
Beginning 71,014,407 55,425,376
Ending 61,763,528 103,974,197
Supplemental Disclosures of Cash Flow Information    
Interest paid 1,561,157 1,950,296
Income taxes paid      
Supplemental disclosures of noncash operating, investing and financing activities:    
Unrealized holding gain on available for sale securities arising during the period 54,961 100,645
Transfer of loans to other real estate owned   1,238,144
Transfer of other real estate owned to premises and equipment   950,000
Reduction in deposits held for sale 3,777,278  
Reduction in branch assets held for sale $ 7,799