| |
|
|
(Unaudited) |
|
| |
|
|
June 30, |
|
| (in thousands) |
|
2009 |
|
2008 |
| |
|
|
|
|
| |
|
|
|
|
| Assets |
|
|
|
|
| |
|
|
|
|
| Cash & cash equivalents |
$ |
15,495 |
$ |
16,299 |
| Investment securities |
|
28,211 |
|
52,363 |
| Federal Home Loan Bank stock |
|
5,296 |
|
5,196 |
| |
|
|
|
|
| Residential real estate |
|
235,238 |
|
227,916 |
| Commercial real estate |
|
88,557 |
|
82,583 |
| Home equity loans |
|
24,955 |
|
21,527 |
| Commercial loans |
|
10,155 |
|
9,700 |
| Consumer loans |
|
8,274
 |
|
11,719
 |
| Total loans |
|
367,179 |
|
353,445 |
| Allowance for loan losses |
|
(2,967)
 |
|
(2,513)
 |
| Loans, net |
|
364,212
 |
|
350,932
 |
| |
|
|
|
|
| Banking premises and equipment |
|
9,232 |
|
9,336 |
| Other assets |
|
23,684
 |
|
19,239
 |
| |
|
|
|
|
| |
|
|
|
|
| Total assets |
|
446,130
 |
|
453,365
 |
| |
|
|
|
|
| Liabilities and Retained Earnings |
|
|
|
|
| |
|
|
|
|
| Deposits |
|
333,418 |
|
320,096 |
| Federal Home Loan Bank borrowings |
|
73,867 |
|
85,169 |
| Other liabilities |
|
5,893 |
|
5,074 |
| Retained earnings |
|
32,952
 |
|
43,026
 |
| |
|
|
|
|
| |
|
|
|
|
| Total liabilities & retained earnings |
$ |
446,130
 |
$ |
453,365
 |
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