Statement of Condition

ASSETS:	12-31-09	12-31-10
Cash and Due From Banks	$  19,433,000	$ 19,892,072
Total Securities	$ 77,407,000	$ 91,959,983
Federal Funds Sold	$ 0	$ 0
Net Loans	$ 206,174,000	$ 206,123,589
Less Reserves for Bad Debts	($2,665,000)	($3,293,989)
Bank Premises and Equipment	$ 10,307,000	$ 9,961,577
Other Assets	$ 15,899,000	$ 15,446,253
Total Assets	$326,555,000	$340,089,485
LIABILITIES and CAPITAL:
Demand Deposits	$ 42,351,000	$ 43,722,682
Interest Bearing Demand Deposits	$ 44,016,000	$ 60,422,430
Time and Savings Deposits	$ 186,584,000	$ 186,067,846
Federal Home Loan Advances	$ 20,000,000	$ 15,000,000
Federal Funds Purchased	$0	$0
Other Liabilities	$ 2,967,000	$ 3,449,658
Total Equity Capital	$ 30,637,000	$ 31,426,869
Total Liabilities and Capital	$326,555,000	$340,089,485
Close of Business December 31, 2010