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Consolidated Statements of Stockholders' Equity (USD $)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury Stock [Member]
Total
Balance at Dec. 31, 2008 $ 0 $ 12,568,583 $ 15,042,781 $ 35,785,317 $ (121,657) $ (1,613,020) $ 61,662,004
Comprehensive Income              
Net Income (loss)       382,491     382,491
Change in unrealized gain (loss) on securities available for sale, net of reclassification adjustment and tax effect         1,428,682   1,428,682
Total comprehensive income (loss)             1,811,173
Dividends on common stock, $0.36 per share       (1,752,492)     (1,752,492)
Expense of stock option plan     143,261       143,261
Shares repurchased under stock repurchase plan           (156,291) (156,291)
Balance at Dec. 31, 2009 0 12,568,583 15,186,042 34,415,316 1,307,025 (1,769,311) 61,707,655
Comprehensive Income              
Net Income (loss)       (15,613,210)     (15,613,210)
Change in unrealized gain (loss) on securities available for sale, net of reclassification adjustment and tax effect         (119,511)   (119,511)
Total comprehensive income (loss)             (15,732,721)
Expense of stock option plan     49,164       49,164
Balance at Dec. 31, 2010 0 12,568,583 15,235,206 18,802,106 1,187,514 (1,769,311) 46,024,098
Comprehensive Income              
Net Income (loss)       1,663,899     1,663,899
Change in unrealized gain (loss) on securities available for sale, net of reclassification adjustment and tax effect         155,615   155,615
Total comprehensive income (loss)             1,819,514
Expense of stock option plan     87,976       87,976
Balance at Dec. 31, 2011 $ 0 $ 12,568,583 $ 15,323,182 $ 20,466,005 $ 1,343,129 $ (1,769,311) $ 47,931,588