Third Quarter 2008

During the third quarter of 2008, total assets increased $27.8 million from $72.7 million at June 30, 2008 to $100.5 million as of September 30, 2008. This represents an increase of 38%.

Total outstanding loan balances increased to $65.1 million. This represents an increase of $16.9 million over the June 30, 2008 outstanding loan balances of $48.2 million and an increase of 35% over the second quarter.

Total deposits have increased $27.8 million from $43.9 million at June 30, 2008 to $71.7 million as of September 30, 2008. This represents an increase of 63% from the end of the second quarter.

In addition, we completed our move into our permanent location at 4040 Washington Avenue in September. Please stop by and visit us.

Year to Date 2008

Total assets of $100.5 million represent a $62.6 million increase over our 2007 year end balances.