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Statement of Condition

Summary Statement

of Condition

March 31, 2010

A S S E T S

Cash and Investments.. . . . . . . . . . . .  $59,599,388

Mortgage-backed securities.. . . . . . . . . .99,766,539

Federal Home Loan Bank stock. . . . . . . 1,926,900

Loans receivable, net. . . . . . . . . . . . . .  70,302,634

Other assets. . . . . . . . . . . . . . . . . . . . .  12,310,483

 Total assets . . . . . . . . . . . . . . . . . .  . $243,905,944

L I A B I L I T I E S  &

RETAINED EARNINGS

Liabilities:

Deposits.. . . . . . . . . . . . . . . . . . . . . . . . . $175,089,757

Escrows. . . . . . . . . . . . . . . . . . .  . . . . . . . . . . .766,726

Advances from Federal Home Loan Bank . . 34,401,890

Other Liabilities.. . . . . . . . . . . . . . . . . . . . . . .4,075,342

Total Liabilities.. . . . . . . . . . . . . . . . . . . . .$214,333,715

Retained Earnings. . . . . . . . . . . . . . . . . . . . .29,572,229

Total Liabilities and Retained Earnings . . . .$243,905,944