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Consolidated Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest and Dividend Income        
Interest and fees on loans $ 5,426,888 $ 5,533,304 $ 15,668,115 $ 18,010,829
Interest on investment securities 148,690 396,133 622,255 1,299,821
Dividends on investment securities 29,009 32,051 87,072 97,211
Other interest income 8,910 21,630 46,522 72,268
Total interest and dividend income 5,613,497 5,983,118 16,423,964 19,480,129
Interest Expense        
Interest on deposits 892,752 1,239,682 3,054,279 4,177,696
Interest on Federal Home Loan Bank borrowings 118,058 358,026 636,261 1,069,454
Interest on subordinated debt 71,525 75,162 213,080 226,406
Interest on other borrowings   77,772 81,999 231,625
Total interest expense 1,082,335 1,750,642 3,985,619 5,705,181
Net interest income 4,531,162 4,232,476 12,438,345 13,774,948
Provision for Loan Losses 1,000,000   970,214 (2,558,827)
Net interest income after provision for loan losses 3,531,162 4,232,476 11,468,131 16,333,775
Non-interest Income        
Mortgage banking activity 96,183 34,730 261,155 69,267
Loan application, inspection & processing fees 53,813 28,530 207,733 59,243
Fees and service charges 176,443 215,209 559,054 670,941
Gain on sale of loans   30,846 28,310 294,492
Net gain on sale of investment securities   924,317   916,275
Gain on sale of branch assets and deposits     50,643  
Earnings on cash surrender value of life insurance 128,523 121,710 397,700 384,673
Other income 105,061 101,370 311,411 266,918
Total non-interest income 560,023 1,456,712 1,816,006 2,661,809
Non-interest Expense        
Salaries and benefits 2,158,595 2,620,042 7,740,362 8,236,487
Occupancy and equipment expense 981,688 1,127,466 2,956,443 3,386,163
Data processing 366,858 378,591 1,026,474 1,070,316
Advertising and promotional expense 39,570 15,355 157,592 41,318
Professional and other outside services 740,222 509,793 2,399,108 1,979,143
Loan administration and processing expense 41,369 35,020 192,445 88,924
Regulatory assessments 242,242 439,035 920,547 1,311,189
Insurance expense 88,718 108,595 250,637 386,615
Other real estate operations 33,705 22,523 90,640 (111,373)
Material and communications 93,670 106,007 302,100 369,919
Restructuring charges and asset disposals (Note 12) 53,510 8,165 447,968 503,372
Prepayment penalty on borrowings 1,405,689   4,116,446  
Other operating expense 215,297 300,571 943,201 824,674
Total non-interest expense 6,461,133 5,671,163 21,543,963 18,086,747
(Loss) income before income taxes (2,369,948) 18,025 (8,259,826) 908,837
Benefit for Income Taxes     (21,080)  
Net (loss) income $ (2,369,948) $ 18,025 $ (8,238,746) $ 908,837
Basic and diluted (loss) income per share (Note 7) $ (0.06) $ 0.00 $ (0.21) $ 0.02