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Statement of Condition

Summary Statement

of Condition

December 31, 2009

A S S E T S

Cash and Investments.. . . . . . . . . . . .  $58,043,352

Mortgage-backed securities.. . . . . . . .101,791,182

Federal Home Loan Bank stock. . . . . . . 2,077,400

Loans receivable, net. . . . . . . . . . . . . .  70,414,442

Other assets. . . . . . . . . . . . . . . . . . . . .  12,265,399

 Total assets . . . . . . . . . . . . . . . . . .  . $244,591,775

L I A B I L I T I E S  &

RETAINED EARNINGS

Liabilities:

Deposits.. . . . . . . . . . . . . . . . . . . . . . . . . $172,936,697

Escrows. . . . . . . . . . . . . . . . . . .  . . . . . . . . . . .757,585

Advances from Federal Home Loan Bank . . 37,745,921

Other Liabilities.. . . . . . . . . . . . . . . . . . . . . . .3,889,827

Total Liabilities.. . . . . . . . . . . . . . . . . . . . .$215,330,030

Retained Earnings. . . . . . . . . . . . . . . . . . . . .29,261,745

Total Liabilities and Retained Earnings . . . .$244,591,775