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Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest and Dividend Income        
Interest and fees on loans $ 5,045,335 $ 5,811,733 $ 10,241,227 $ 12,477,525
Interest on investment securities 225,829 426,658 473,565 903,688
Dividends on investment securities 29,205 31,879 58,063 65,160
Other interest income 9,252 40,160 37,612 50,638
Total interest and dividend income 5,309,621 6,310,430 10,810,467 13,497,011
Interest Expense        
Interest on deposits 1,032,813 1,421,170 2,161,527 2,938,014
Interest on Federal Home Loan Bank borrowings 167,183 354,591 518,203 711,428
Interest on subordinated debt 70,926 74,677 141,555 151,244
Interest on other borrowings 5,918 76,927 81,999 153,853
Total interest expense 1,276,840 1,927,365 2,903,284 3,954,539
Net interest income 4,032,781 4,383,065 7,907,183 9,542,472
Provision for Loan Losses   (1,713,425) (29,786) (2,558,827)
Net interest income after provision for loan losses 4,032,781 6,096,490 7,936,969 12,101,299
Non-interest Income        
Mortgage banking activity 118,738 22,117 164,972 34,537
Loan application, inspection & processing fees 115,890 15,986 153,920 30,713
Fees and service charges 211,100 227,064 382,611 455,732
Gain on sale of loans 28,310   28,310 263,646
Loss on sale of investment securities       (8,042)
Gain on sale of branch assets and deposits 50,643   50,643  
Earnings on cash surrender value of life insurance 142,068 120,294 269,177 262,963
Other income 101,753 69,639 206,350 165,548
Total non-interest income 768,502 455,100 1,255,983 1,205,097
Non-interest Expense        
Salaries and benefits 2,576,453 2,725,721 5,581,767 5,616,445
Occupancy and equipment expense 935,947 1,135,113 1,974,755 2,258,697
Data processing 288,170 345,704 659,616 691,725
Advertising and promotional expense 75,541 8,234 118,022 25,963
Professional and other outside services 770,296 854,268 1,658,886 1,469,350
Loan administration and processing expense 73,590 45,624 151,076 53,904
Regulatory assessments 304,803 462,153 678,305 872,154
Insurance expense 83,161 108,775 161,919 278,020
Other real estate operations 55,089 16,351 56,935 (133,896)
Material and communications 102,351 132,734 208,430 263,912
Restructuring charges and asset disposals (Note 12) 394,458 126,730 394,458 495,207
Prepayment penalty on borrowings 2,710,757   2,710,757  
Other operating expense 342,498 244,901 727,904 524,103
Total non-interest expense 8,713,114 6,206,308 15,082,830 12,415,584
(Loss) income before income taxes (3,911,831) 345,282 (5,889,878) 890,812
Benefit for Income Taxes     (21,080)  
Net (loss) income $ (3,911,831) $ 345,282 $ (5,868,798) $ 890,812
Basic and diluted (loss) income per share (Note 7) $ (0.10) $ 0.01 $ (0.15) $ 0.02