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Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 14,846,362 $ 30,417,813
Available-for-sale securities 111,977,673 132,762,058
Loans held for sale 5,237,914 9,055,268
Loans, net of unearned income 442,554,386 427,544,414
Allowance for loan losses (6,529,208) (6,715,397)
Premises and equipment, net 13,773,138 14,622,541
Federal Reserve and Federal Home Loan Bank Stock, at cost 3,685,100 3,748,250
Foreclosed assets held for sale, net 1,830,288 1,538,307
Interest receivable 1,635,322 2,068,965
Goodwill 16,353,082 16,733,830
Core deposits and other intangibles 1,848,550 2,585,132
Purchased software 158,846 1,021,036
Cash value of life insurance 12,223,931 13,211,247
Deferred income taxes 2,285,977 3,202,986
Mortgage servicing rights 2,819,939 3,190,389
Other assets 3,962,366 5,300,846
Total assets 628,663,666 660,287,685
LIABILITIES AND SHAREHOLDERS' EQUITY    
Non interest bearing demand 65,963,133 62,745,906
Interest bearing NOW 107,445,961 105,708,472
Savings 49,665,067 47,662,315
Money Market 74,243,505 84,635,537
Time Deposits 221,447,059 214,925,512
Total deposits 518,764,725 515,677,742
Short-term borrowings 18,778,522 45,785,254
Notes payable 2,788,123 3,290,471
Federal Home Loan Bank advances 12,775,866 22,807,351
Trust preferred securities 20,620,000 20,620,000
Interest payable 2,953,541 1,971,587
Other liabilities 4,051,301 4,111,182
Total liabilities 580,732,078 614,263,587
Commitments and Contingent Liabilities      
Stockholders' Equity    
Preferred stock, $0.00 stated value; authorized 200,000 shares; 0 shares issued 0 0
Common stock, $2.50 stated value; authorized 10,000,000 shares; 5,027,433 shares issued 12,568,583 12,568,583
Additional paid-in capital 15,323,182 15,235,206
Retained earnings 20,466,005 18,802,106
Accumulated other comprehensive income (loss) 1,343,129 1,187,514
Treasury stock, at cost Common; 2011 - 165,654 shares, 2010 -165,654 shares (1,769,311) (1,769,311)
Total stockholders' equity 47,931,588 46,024,098
Total liabilities and stockholders' equity $ 628,663,666 $ 660,287,685