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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and due from banks$ 13,764,025$ 30,417,813
Investment Securities:  
Securities available for sale, at fair value104,614,877132,762,058
Non-marketable securities - FRB and FHLB Stock3,748,2503,748,250
Total investment securities108,363,127136,510,308
Loans held for sale10,589,7069,055,268
Loans, net of unearned income438,926,037427,544,414
Allowance for loan losses(6,235,230)(6,715,397)
Net Loans432,690,807420,829,017
Premises and equipment, net14,120,11814,622,541
Purchased software805,2861,021,036
Cash surrender value of life insurance12,133,69313,211,247
Goodwill16,733,83016,733,830
Core deposits and other intangibles2,005,9452,585,132
Foreclosed assets held for sale, net1,970,0281,538,307
Mortgage servicing rights2,709,2223,190,389
Accrued interest receivable2,061,2012,068,965
Other assets5,846,4008,503,832
Total assets623,793,388660,287,685
LIABILITIES AND EQUITY  
Non interest bearing demand62,079,68562,745,906
Interest bearing NOW103,229,318105,708,472
Savings48,145,95847,662,315
Money Market79,163,03384,635,537
Time Deposits221,730,681214,925,512
Total deposits514,348,675515,677,742
Notes payable2,865,1233,290,471
Advances from Federal Home Loan Bank12,939,59822,807,351
Repurchase Agreements18,777,90945,785,254
Trust preferred securities20,620,00020,620,000
Accrued interest payable2,704,4661,971,587
Other liabilities3,985,3334,111,182
Total liabilities576,241,104614,263,587
Equity  
Common stock12,568,58312,568,583
Additional paid-in capital15,302,19415,235,206
Retained earnings20,192,31718,802,106
Accumulated other comprehensive income (loss)1,258,5011,187,514
Treasury stock(1,769,311)(1,769,311)
Total Equity47,552,28446,024,098
Total liabilities and equity$ 623,793,388$ 660,287,685