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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income on:      
Loans, including fees $ 13,123,595 $ 13,898,411 $ 14,646,011
U.S. Government agency securities 894,024 1,488,467 1,915,845
State and municipal securities 1,705,789 1,605,648 1,400,651
Corporate trust preferred securities 57,660 114,312 166,085
Federal funds sold 4,438 5,705 9,632
Other 31,724 19,422 40,743
Total interest income 15,817,230 17,131,965 18,178,967
Interest expense on:      
Deposits 2,610,906 3,038,340 3,696,631
Short-term borrowings 1,962 3,764 1,492
Long-term borrowings 642,228 640,476 952,705
Junior subordinated debentures 0 0 648,127
Total interest expense 3,255,096 3,682,580 5,298,955
Net interest income 12,562,134 13,449,385 12,880,012
Provision for credit losses 250,000 663,000 1,050,000
Net interest income after provision for credit losses 12,312,134 12,786,385 11,830,012
Other income:      
Service charges on deposit accounts 575,049 626,935 648,183
Other fees and commissions 837,065 814,425 823,854
Gains on investment securities, net 162,594 408,646 175,164
Income on life insurance 247,364 239,524 251,406
Total other income 1,822,072 2,089,530 1,898,607
Other expenses:      
Salaries and wages 4,996,518 4,931,266 4,856,835
Employee benefits 1,815,599 1,643,581 1,823,669
Occupancy 804,012 846,591 830,105
Furniture and equipment 792,725 814,006 761,997
Other expenses 2,386,465 2,788,040 2,643,509
Total impairment losses on investment securities. 0 291,943 979,322
Portion of impairment losses recognized in other comprehensive income (before taxes) 0 (200,015) (717,114)
Net impairment loss on investment securities 0 91,928 262,208
Total other expenses 10,795,319 11,115,412 11,178,323
Income before income taxes 3,338,887 3,760,503 2,550,296
Federal and state income taxes 673,807 767,410 485,511
Net income $ 2,665,080 $ 2,993,093 $ 2,064,785
Basic and diluted earnings per share of common stock $ 0.98 $ 1.10 $ 0.76