 |
|
Statement of Condition
| (In thousands) |
|
2007 |
|
2006 |
| |
|
|
|
|
| |
|
|
|
|
| Assets |
|
|
|
|
| |
|
|
|
|
| Cash and cash equivalents |
$ |
14,415 |
$ |
24,065 |
| Investment securities |
|
54,547 |
|
52,676 |
| Federal Home Loan Bank stock |
|
4,689 |
|
4,316 |
| |
|
|
|
|
| Residential real estate |
|
221,324 |
|
228,462 |
| Commercial real estate |
|
73,414 |
|
61,243 |
| Home equity loans |
|
19,213 |
|
16,599 |
| Commercial loans |
|
9,503 |
|
9,504 |
| Consumer loans |
|
16,437 |
|
19,787 |
| Total loans |
|
339,891 |
|
335,595 |
| Allowance for loan losses |
|
(2,986) |
|
(2,765) |
| Loans, net |
|
336,905 |
|
332,830 |
| |
|
|
|
|
| Banking premises and equipment |
|
8,463 |
|
7,967 |
| Other assets |
|
12,560 |
|
12,180 |
| |
|
|
|
|
| Total assets |
|
431,579 |
|
434,034 |
| |
|
|
|
|
| Liabilities and Retained Earnings |
|
|
|
|
| |
|
|
|
|
| Deposits |
|
300,385 |
|
322,104 |
| Federal Home Loan Bank borrowings |
|
84,003 |
|
65,498 |
| Other liabilities |
|
2,250 |
|
2,839 |
| Retained earnings |
|
44,941 |
|
43,593 |
| |
|
|
|
|
| Total liabilities and retained earnings |
$ |
431,579 |
$ |
434,034 |
|
