Financial Statement

BALANCE SHEETS December 31, 2009 and 2008 (In thousands of dollars)

ASSETS	12/31/09	12/31/08

Cash and Due From Banks	$ 1,831	$ 1,800
U.S. Government Obligations	4,136	4,957
Municipal Obligations	1,293	980
Other Investments and Fed Funds Sold	1,256	852
Total Securities	6,685	6,789
Gross Loans	41,157	41,514
Less: Reserve for Loan Losses	(635)	(656)
Net Loans	40,522	40,858
Bank Premise and Equipment	2,040	2,218
Other Assets	2,090	578
Total Assets	53,168	52,243

Liabilities
Demand Deposit Accounts	$ 7,679	$ 7,955
Interest Bearing Deposit Accounts	22,899	19,850
Certificates of Deposit	15,707	15,800
Total Deposits	46,285	43,605
Federal Home Loan Bank Advances	187	2,613
Other Liabilities	188	17
Total Liabilities	46,660	46,235

Capital Accounts
Common Stock	248	248
Surplus	4,292	4,292
Undivided Profits	1,847	1,347
Gain/Loss on Securities	94	121
Total Capital Accounts	6,508	6,008

Total Liabilities and Capital Accounts	$ 53,168	$ 52,243