Your Banking.

Your Business.

Assets	12/31/08	12/31/07
Cash and Deposits Due from Banks	13,754,000	11,017,000
Federal Funds Sold	0	0
U. S. Government and Agency Securities	10,258,000	7,951,000
Other Bonds, Notes and Debentures	1,314,000	2,082,000
Corporate Stock and Other Marketable Securities	29,761,000	36,613,000
Real Estate Loans	673,357,000	594,228,000
Other Loans	174,409,000	166,000,000
Allowance for Loan and Lease Losses	(10,666,000)	(11,133,000)
Bank Premises and Fixed Assets	18,309,000	14,990,000
Other Assets	37,115,000	23,487,000
Total Assets	947,611,000	845,235,000

Liabilities and Reserves
Savings Deposits	150,107,000	139,443,000
Time Deposits	427,463,000	443,643,000
Demand Deposits	68,690,000	55,382,000
NOW Deposits	60,969,000	66,998,000
Total Deposits	707,229,000	705,466,000

Borrowed Funds	143,081,000	37,634,000
Other Liabilities	8,112,000	9,026,000
Surplus and Undivided Profits	95,261,000	91,021,000
Net Unrealized Gains on Marketable Securities	(6,072,000)	2,088,000
Total Liabilities and Reserves	947,611,000	845,235,000

Letters of Credit outstanding
not included in the above figures	10,511,000	12,131,000

Interest Income
Interest and Fee Income on Loans	56,928,000	57,731,000
Interest and Divided Income on Securities	2,186,000	2,083,000
Total Interest Income	59,114,000	59,814,000

Interest Expense
Interest and Dividend on Deposits	23,445,000	24,757,000
Interest Paid on Borrowed Funds	1,514,000	1,897,000
Total Interest Expense	24,959,000	26,654,000

Net Interest Income	34,155,000	33,160,000
Other Operating Income	9,683,000	8,530,000
Other Operating Expense	27,367,000	22,208,000
Provision for Loan Losses	4,988,000	4,574,000

Income Before Taxes and Security Transactions	11,483,000	14,908,000
Realized Gains (Losses) on Securities	(7,427,000)	2,528,000

Income Before Income Taxes	4,056,000	17,436,000
Income Taxes	1,103,000	6,134,000

Net Income	2,953,000	11,302,000