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Consolidated Statements of Operations (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest and Dividend Income      
Interest and fees on loans $ 20,705,543 $ 23,482,365 $ 25,957,563
Interest on investment securities 774,590 1,507,614 1,990,248
Dividends on investment securities 113,467 128,297 240,025
Interest on federal funds sold     6,875
Other interest income 60,503 98,241 137,598
Total interest and dividend income 21,654,103 25,216,517 28,332,309
Interest Expense      
Interest on deposits 3,821,307 5,351,477 6,283,578
Interest on Federal Home Loan Bank borrowings 666,176 1,458,894 1,632,378
Interest on subordinated debt 284,103 299,683 285,936
Interest on other borrowings 81,999 309,398 308,551
Total interest expense 4,853,585 7,419,452 8,510,443
Net interest income 16,800,518 17,797,065 19,821,866
Provision for Loan Losses (Note 4) 970,214 (2,379,223) 7,464,427
Net interest income after provision for loan losses 15,830,304 20,176,288 12,357,439
Non-interest Income      
Mortgage banking activity 255,580 163,804 58,440
Loan application, inspection and processing fees 248,647 101,339 78,613
Fees and service charges 743,895 856,604 964,796
Gain on sale of loans 28,310 336,274 79,729
Net gain on sale of investment securities   910,591 1,109,305
Gain on sale of branch assets and deposits 50,643    
Earnings on cash surrender value of bank owned life insurance 523,067 517,099 636,272
Other income 575,573 387,785 484,322
Total non-interest income 2,425,715 3,273,496 3,411,477
Non-interest Expense      
Salaries and benefits (Notes 9,13 and 15) 9,702,350 10,593,018 12,395,120
Occupancy and equipment expense 3,910,515 4,419,260 4,931,152
Data processing expense 1,296,273 1,468,551 1,286,170
Advertising and promotional expense 217,099 86,338 573,495
Professional and other outside services 2,835,423 2,601,133 3,406,640
Loan administration and processing expense 220,370 137,192 271,025
Regulatory assessments 1,159,387 1,724,224 1,992,865
Insurance expense 314,534 471,057 869,479
Other real estate operations (Note 6) 211,687 (58,044) 877,969
Material and communications 396,840 503,513 684,778
Restructuring charges and asset disposals (Note 21) 521,903 939,492 2,986,441
Prepayment penalty on borrowings 4,116,446    
Other operating expense 980,922 1,100,214 953,268
Total non-interest expense 25,883,749 23,985,948 31,228,402
Loss before income taxes (7,627,730) (536,164) (15,459,486)
Provision for Income Taxes (Note 10) (338,784)      
Net loss $ (7,288,946) $ (536,164) $ (15,459,486)
Loss per share (Note 14) $ (0.19) $ (0.01) $ (0.40)
Dividends per share