Statement of Condition

		As of: March 31, 2008	As of: December 31, 2007
Assets
	Cash and due from banks:	$19,005,945	$15,355,452
	Federal funds sold/due from time:	$67,014,000	$72,205,000
	Securities available for sale:	$57,674,337	$46,902,968
	Securities held at maturity:	$250,000	$250,000
	Loans, net of unearned income, allowance and loan losses:	$671,811,344	$626,333,838
	Customers liability on letters of credit:	$3,931,145	$4,048,052
	Other assets:	$55,630,496	$53,405,700
	Total Assets:	$875,317,268	$818,501,009
Liabilities and Equity
	Deposits:
	Demand deposits:	$71,339,153	$63,178,819
	Interest bearing:	$704,951,565	$680,345,855
	Total Deposits:	$776,350,718	$743,524,674
	Customers liability on letters of credit:	$3,931,145	$4,048,052
	Other liabilities:	$35,728,163	$13,065,494
	Equity capital:	$59,307,242	$57,862,790
	Total liabilities and equity:	$875,317,268	$818,501,009