Investor Relations - Financial Update

Selected Financial Data

The following table sets forth selected financial data for each of the following periods:

(Thousands of dollars, except per share data) Quarter ended
March 31, 2011
Quarter ended
March 31, 2010

Net interest income

$764

$736

Provision for loan losses

30

30

Non-interest income

214

267

Non-interest expense

1,255

1,164

Net Income  (Loss)

(307)

(190)

Earning (Loss) per share-basic and diluted

$(0.29)

$(0.18)

Balance sheet totals: March 31, 2011 December 31, 2010

Total assets

$74,104

$73,966

Loans, net

$41,194

$44,686

Investment securities

$16,602

$16,477

Deposits

$67,745

$67,211

Shareholders' equity

$5,988

$6,297

Ratios: *(Annualized) Quarter ended
March 31, 2011
Quarter ended
March 31, 2010

Income (Loss) on assets

(1.65)%

(1.12%)

Income (Loss) on equity

(20.95)%

(11.12%)