|
Loans Receivable and Allowance for Loan Losses (Details 1) (USD $)
|
6 Months Ended | 12 Months Ended |
|---|---|---|
|
Jun. 30, 2012
|
Dec. 31, 2011
|
|
| Beginning balance | $ 7,743,470 | $ 6,271,045 |
| Provision charged to operations | 600,000 | 5,403,416 |
| Recoveries on loans previously charged-off | 592,482 | 639,211 |
| Loans charged-off | (3,693,957) | (4,570,202) |
| Ending balance | $ 5,241,995 | $ 7,743,470 |