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Consolidated Statements of Cash Flows (USD $)
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities:    
Net (loss) income: $ (5,868,798) $ 890,812
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Restructuring charges and asset disposals 302,617 (5,049)
Amortization and accretion of investment premiums and discounts, net 87,510 213,178
Amortization and accretion of purchase loan premiums and discounts, net 15,848 7,272
Provision for Loan Losses (29,786) (2,558,827)
Gain on sale of loans (28,310) (263,646)
Gain on sale of mortgage loans (160,488)  
Originations of mortgage loans held for sale (28,975,427)  
Proceeds from sales of mortgage loans held for sale 19,111,345  
Loss on sale of investment securities   8,042
Earnings on cash surrender value of life insurance (269,177) (262,963)
Depreciation and amortization 587,765 606,350
Gain on sale of other real estate owned (200,383) (201,355)
Proceeds from sale of branch assets and deposits 126,875  
Gain on sale of branch assets and deposits (50,643)  
Share-based compensation 15,211 133,128
Changes in assets and liabilities:    
(Increase) decrease in net deferred loan costs (109,655) 36,089
Decrease in accrued interest and dividends receivable 183,602 163,833
Decrease in other assets 794,520 571,248
Decrease in accrued expenses and other liabilities (1,285,736) (61,423)
Net cash used in operating activities (15,753,110) (723,312)
Cash Flows from Investing Activities:    
Principal repayments on available for sale securities 1,514,290 5,039,296
Proceeds from the sale of available for sale securities   5,165,626
Purchases of Federal Reserve Bank stock   (12,550)
Proceeds from repurchase of excess stock by Federal Reserve Bank 96,100  
Proceeds from repurchase of excess stock by Federal Home Loan Bank 201,200 164,500
Proceeds from sale of loans 10,655,482 67,126,928
Net decrease (increase) in loans 476,524 (47,966,735)
Proceeds from sale of other real estate owned 1,309,587 1,823,435
Capital improvements of other real estate owned (80,401) (89,051)
Purchase of bank premises and equipment, net (2,707,559) (252,341)
Net cash provided by investing activities 11,465,223 30,999,108
Cash Flows from Financing Activities:    
Net increase in demand, savings and money market deposits 17,102,802 7,813,928
Net decrease in time certificates of deposits (22,204,621) (30,627,566)
Decrease in deposits held for sale (14,538,205)  
Decrease in FHLB borrowings (15,000,000)  
Decrease in repurchase agreements (7,000,000)  
Net cash used in financing activities (41,640,024) (22,813,638)
Net (decrease) increase in cash and cash equivalents (45,927,911) 7,462,158
Cash and Cash Equivalents:    
Beginning 71,014,407 55,425,376
Ending 25,086,496 62,887,534
Supplemental disclosures of cash flow information    
Interest paid 2,866,328 3,807,140
Income taxes paid 2,750  
Supplemental disclosures of noncash operating, investing and financing activities:    
Unrealized holding (loss) gain on available for sale securities arising during the period (574,445) 306,842
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 10,167,176  
Reduction in branch assets held for sale $ 12,012