Statement of Condition
May 31st, 2010

Assets
Cash and Cash Equivalents	$43,630,981
Interest Bearing Deposits in Other Depository Institutions	5,105,226
Investment Securities	89,591,759
Loans, Net	538,390,576
Bank Premises and Equipment, Net	34,675,050
Other Assets	29,440,799
Total Assets	$740,834,391

Liabilities - Stockholders' Equity
Non-interest Bearing Deposits	$125,078,834
Interest-Bearing Deposits	522,093,725
Total Deposits	647,172,559
Other Liabilities	37,401,179
Total Liabilities	684,573,738
Non-Cumulative Preferred Stock, Convertable Non-Voting	800,100
Common Stock, $1 Par	1,034,146
Paid-In Capital	28,718,585
Accumulated Capital	25,707,822
Total Stockholders' Equity	56,260,653
Total Liabilities & Stockholders' Equity	$740,834,391

Statement of Operations
For the 5 Months Ending May 31st, 2010