Financial Statements

STATEMENT OF CONDITION

December 31st, 2008 - unaudited

(000) Omitted

ASSETS:
Cash & Due from Banks$9,182
Funds Sold$20,899
U.S. Government & Agency Obligations$139,906
Other Securities$129,066
Total Investments$268,972
LOANS:
(Net of Unearned Discount)$659,446
Less Loan Loss Reserve$19,010
Net Loans$640,436
Fixed Assets (Net)$11,865
Other Assets$35,510
TOTAL ASSETS$986,864
LIABILITIES:
Demand Deposits$77,716
Interest Bearing Deposits$706,571
Total Deposits$784,287
Repurchase Agreements$14,470
Brokered Deposits$22,311
Advance From FHLB$59,000
Other Liabilities$14,591
TOTAL DEPOSITS AND LIABILITIES$894,659
CAPITAL ACCOUNTS:
Common Stock$850
Surplus$14,150
Undivided Profits$76,369
FASB 115$836
TOTAL EQUITY$92,205
TOTAL LIABILITIES & CAPITAL ACCOUNTS$986,864