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<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>UNITED STATES</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>SECURITIES AND EXCHANGE COMMISSION</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>WASHINGTON, D.C. 20549</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>FORM 10-Q</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>[X] QUARTERLY REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>EXCHANGE ACT OF 1934</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>For the quarterly period ended
September 30, 1999</FONT></FONT>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>or</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>[ ] TRANSITION REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>EXCHANGE ACT OF 1934</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>For the transition period from_____________________
to ___________________</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Commission file number 0-13222</FONT></FONT>
<BR>
<BR>
<BR>
<BR>
<BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>CITIZENS FINANCIAL SERVICES,
INC.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>(Exact name of registrant as
specified in its charter)</FONT></FONT></CENTER>
<BR>
<P><BR>
<BR>
<BR>
<BR>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>PENNSYLVANIA
23-2265045</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>(State or other jurisdiction
of
(I.R.S. Employer</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>incorporation or organization)
Identification No.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>15 South Main Street, Mansfield,
Pennsylvania
16933</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>(Address of principal executive
offices)
(Zip Code)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Registrant's telephone number,
including area code:
(570) 662-2121</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Indicate by checkmark whether
the registrant (1) has filed all reports</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>to be filed by Section 13 or
15 (d) of the Securities Exchange Act of 1934</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>during the preceding 12 months
(or for such shorter period that the</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>registrant was required to file
such reports), and (2) has been subject to</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>such filing requirements for
the past 90 days. Yes__X___ No_____</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The number of shares outstanding
of the Registrant's Common Stock, as of</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>November 5, 1999 2,800,563 shares
of Common Stock, par value $1.00.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<BR>
<BR>
<BR>
<BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Citizens Financial Services,
Inc.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Form 10-Q</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>INDEX</FONT></FONT></CENTER>
<TABLE BORDER CELLPADDING=7 WIDTH="753" >
<TR>
<TD VALIGN=TOP WIDTH="81%"> </TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Page</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Part
I FINANCIAL INFORMATION (UNAUDITED)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%"> </TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
1-Financial Statements</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%"> </TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Consolidated
Balance Sheet as of September 30, 1999,</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>December 31, 1998 and September
30, 1998</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Consolidated
Statement of Income for the Three Months and</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>Nine Months Ended September
30, 1999 and 1998</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>2</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Consolidated
Statement of Comprehensive Income for the Three</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>Months and Nine Months Ended
September 30, 1999 and 1998</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>3</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Consolidated
Statement of Cash Flows for the Nine Months Ended</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>September 30, 1999 and 1998</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>4</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Notes
to Consolidated Financial Statements</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>5</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
2 -Management's Discussion and Analysis of Financial Condition</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>and Results of Operations</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>5 - 18</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
3-Quantitative and Qualitative Disclosure About Market Risk</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>18</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Part
II OTHER INFORMATION AND SIGNATURES</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%"> </TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
1-Legal Proceedings</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
2-Changes in Securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
3-Defaults upon Senior Securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
4-Submission of Matters to a Vote of Security Holders</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
5-Other Information</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Item
6-Exhibits and Reports on Form 8-K</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="81%"><FONT FACE="Courier New"><FONT SIZE=-1>Signatures</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="19%">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>20</FONT></FONT></CENTER>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="754" >
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>CONSOLIDATED
BALANCE SHEET</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>(UNAUDITED)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>ASSETS:</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Cash
and due from banks:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Noninterest-bearing</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 6,840,748 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 7,175,095 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 7,717,279 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>167,075 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>129,708 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,096,320 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Total
cash and cash equivalents</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,007,823 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,304,803 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11,813,599 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Available-for-sale
securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>94,629,420 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>93,082,429 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>24,492,406 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Held-to-maturity
securities (estimated </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Market
value $65,331,000)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>63,584,815 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Loans
(net of allowance for loan losses 1999, $2,347,000;</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>December
31, 1998, $2,292,000;</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>September
30, 1998, $2,232,000)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>224,185,333 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>203,582,637 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>196,786,163 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Foreclosed
assets held for sale</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>667,037 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>528,630 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>514,372 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Premises
and equipment</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,916,544 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,605,686 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,606,656 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Accrued
interest receivable</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,177,108 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,188,372 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,399,621 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other
assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,596,182 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,271,240 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,740,881 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="12"><B><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
ASSETS</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 337,179,447</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 313,563,797 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 306,938,513 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>LIABILITIES:</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Deposits:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Noninterest-bearing</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 22,741,948 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 20,977,843 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 21,173,112 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>261,540,354 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>253,215,120 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>247,592,513 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Total
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>284,282,302 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>274,192,963 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>268,765,625 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Borrowed
funds</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>21,788,681 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,333,610 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,260,903 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Accrued
interest payable</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,141,668 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,362,596 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,142,376 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other
liabilities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,336,108 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,076,164 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,466,933 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
LIABILITIES</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>309,548,759 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>284,965,333 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>279,635,837 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>STOCKHOLDERS'
EQUITY:</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Common
Stock</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>$1.00
par value; authorized 10,000,000 shares; issued and outstanding 2,800,563
shares in 1999</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>and
2,773,434 in 1998, respectively</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,800,563 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,773,434 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,773,434 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Additional
paid-in capital</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,374,160 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,912,967 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,912,967 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Retained
earnings</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,930,272 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>16,934,349 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>16,549,135 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Treasury
stock, at cost </FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-2>(8,855 shares for 1999)</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(154,805)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,950,190 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,620,750 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,235,536 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Accumulated
other </FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-2>comprehensive (loss) income</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(1,319,502)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>977,714 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>67,140 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
STOCKHOLDERS' EQUITY</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,630,688 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,598,464 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,302,676 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><B><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
LIABILITIES AND</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="12"><B><FONT FACE="Courier New"><FONT SIZE=-2>STOCKHOLDERS'
EQUITY</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 337,179,447 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 313,563,797 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 306,938,513 </FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The accompanying notes are an
integral part of these financial statements.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>1</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="656" >
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>CONSOLIDATED
STATEMENT OF INCOME</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>(UNAUDITED)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="27%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Three Months Ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="26%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Nine Months Ended</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="27%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="26%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>INTEREST
INCOME:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Interest
and fees on loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 4,582,065</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 4,499,398</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$13,492,696</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$13,146,207</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing
deposits with banks</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,618</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>88,916</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>57,540</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>219,363</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Investment
securities:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Taxable</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,031,527</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,097,238</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,947,228</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,463,044</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Nontaxable</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>239,781</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>143,110</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>704,513</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>313,670</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Dividends</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>41,326</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,133</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>117,729</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>73,368</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
INTEREST INCOME</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,897,317</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,856,795</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,319,706</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,215,652</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>INTEREST
EXPENSE:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,869,110</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,924,090</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,499,821</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,578,299</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Borrowed
funds</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>177,325</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>110,108</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>324,758</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>328,284</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
INTEREST EXPENSE</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,046,435</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,034,198</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,824,579</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,906,583</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>NET
INTEREST INCOME</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,850,882</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,822,597</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,495,127</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,309,069</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Provision
for loan losses</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>90,000</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>52,500</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>210,000</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>157,500</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>NET
INTEREST INCOME AFTER</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>PROVISION
FOR LOAN LOSSES</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,760,882</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,770,097</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,285,127</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,151,569</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>OTHER
OPERATING INCOME:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Service
charges</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>378,477</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>287,203</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,034,243</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>769,131</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Trust</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>80,604</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>90,809</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>284,836</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>257,039</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>26,574</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>68,004</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>290,842</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>212,669</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11" BGCOLOR="#FFFFFF"><FONT FACE="Courier New"><FONT SIZE=-2>Arbitration
settlement</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,595</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>111,548</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Realized
securities gains, net</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,962</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>201,929</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>231,007</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>374,306</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
OTHER OPERATING INCOME</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>489,617</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>647,945</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,869,523</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,724,693</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>OTHER
OPERATING EXPENSES:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Salaries
and employee benefits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,128,236</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,036,812</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,204,665</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,909,638</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Occupancy </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>124,096</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>134,191</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>392,009</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>396,825</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Furniture
and equipment</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>172,873</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>173,132</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>512,886</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>530,566</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Professional
fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>95,186</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>66,771</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>410,746</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>223,045</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>718,694</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>664,397</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,177,612</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,008,508</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>TOTAL
OTHER OPERATING EXPENSES</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,239,085</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,075,303</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,697,918</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,068,582</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Income
before provision for income taxes</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,011,414</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,342,739</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,456,732</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,807,680</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Provision
for income taxes</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>206,798</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>374,672</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>810,613</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,078,083</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Net
Income</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 804,616</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 968,067</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,646,119</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,729,597</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Earnings
Per Share</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.290</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.350</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.950</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>$
0.990</FONT></FONT></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Cash
Dividend Declared</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.140</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.130</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.415</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 0.385</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="47%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="11"></TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The accompanying notes are an
integral part of these financial statements.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>2</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="1004" >
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>CONSOLIDATED
STATEMENT OF COMPREHENSIVE INCOME </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>(UNAUDITED) </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="13%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Three Months Ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="16%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Nine Months Ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="13%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="16%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Net
income </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 804,616 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 968,067 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,646,119 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,729,597 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other
comprehensive income: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Unrealized
gains(losses) on available for sale securities </FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$(690,036)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 3,677 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$(3,711,637)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ (791,836)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Less:
Reclassification adjustment for gain </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>included
in net income </FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(3,962)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(693,998)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>(201,929)</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(198,252)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>231,007 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(3,480,630)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>374,306 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(417,530)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other
comprehensive income before tax </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(693,998)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(198,252)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(3,480,630)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(417,530)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Income
tax expense related to other comprehensive income </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(235,959)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(67,406)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(1,183,414)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(141,960)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Other
comprehensive income, net of tax </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(458,039)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(130,846)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(2,297,216)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(275,570)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Comprehensive
income </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 346,577 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 837,221 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 348,903 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,454,027 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="41%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="7%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="11"></TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The accompanying notes are an
integral
part of these financial statements.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>3</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="788" >
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>CONSOLIDATED
STATEMENT OF CASH FLOWS</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>(UNAUDITED)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="39%" HEIGHT="9">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Nine Months Ended </FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="39%" HEIGHT="9">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, </FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999 </FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998 </FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="2" WIDTH="79%" HEIGHT="9"><B><FONT FACE="Courier New"><FONT SIZE=-2>CASH
FLOWS FROM OPERATING ACTIVITIES:</FONT></FONT></B></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Net
income</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,646,118 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 2,729,597 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Adjustments
to reconcile net income to net</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Cash
provided by operating activities:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Provision
for loan losses</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>210,000 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>157,500 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Provision
for depreciation and amortization</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>574,472 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>567,707 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Amortization
and accretion of investment securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>296,180 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>249,361 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Deferred
income taxes</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(52,436)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,976 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Realized
gains on securities</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(231,007)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(374,306)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Realized
gains on loans sold</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(19,680)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(50,413)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Gain
on sales or disposals of premises and equipment</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(6,698)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Originations
of loans held for sale</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(2,447,755)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(2,879,886)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9" BGCOLOR="#FFFFFF"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from sales of loans held for sale</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,467,435 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,930,299 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>(Gains)Losses
on sale of foreclosed assets held for sale</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(48,187)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,629 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Increase
in accrued</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>interest
receivable and other assets</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(159,404)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(81,246)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Decrease
in accrued interest payable and other liabilities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>39,017 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>346,177 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="14"><FONT FACE="Courier New"><FONT SIZE=-2>Net
cash provided by operating activities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,268,055 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,607,395 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><B><FONT FACE="Courier New"><FONT SIZE=-2>CASH
FLOWS FROM INVESTING ACTIVITIES:</FONT></FONT></B></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Available-for-sale
securities:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from sales of available-for-sale securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>22,334,939 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12,962,002 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from maturity and principal repayments of securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10,766,431 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,051,175 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Purchase
of securities</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(38,194,164)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(16,794,848)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Held-to-maturity
securities:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from maturity and principal repayments of securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,440,375 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Purchase
of securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(9,444,636)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Net
(increase)decrease in loans</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(21,220,417)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(7,371,561)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Capital
expenditures</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(836,535)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(338,761)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from sales of premises and equipment</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>39,480 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from sale of foreclosed assets held for sale</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>317,501 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>54,796 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="14"><FONT FACE="Courier New"><FONT SIZE=-2>Net
cash used in investing activities</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(26,792,765)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(9,441,458)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="2" WIDTH="79%" HEIGHT="9"><B><FONT FACE="Courier New"><FONT SIZE=-2>CASH
FLOWS FROM FINANCING ACTIVITIES:</FONT></FONT></B></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Net
increase in deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10,089,339 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11,982,851 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Proceeds
from long-term borrowings</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,439,363 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>742,180 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Repayments
of long-term borrowings</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(370,999)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(515,520)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Net
increase (decrease) in short-term borrowed funds</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10,386,706 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>170,050 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Acquisition
of Treasury Stock</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(154,805)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Dividends
paid</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(1,161,874)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(1,074,258)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="14"><FONT FACE="Courier New"><FONT SIZE=-2>Net
cash provided by financing activities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>23,227,730 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11,305,303 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"><FONT FACE="Courier New"><FONT SIZE=-2>Net
(decrease)increase in cash and cash equivalents</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(296,980)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="9">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,471,240 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="14"><FONT FACE="Courier New"><FONT SIZE=-2>CASH
AND CASH EQUIVALENTS AT BEGINNING OF PERIOD</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,304,803 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,342,359 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="14"><FONT FACE="Courier New"><FONT SIZE=-2>CASH
AND CASH EQUIVALENTS AT END OF PERIOD</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 7,007,823 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="14">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 11,813,599 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="2" WIDTH="79%" HEIGHT="9" BGCOLOR="#FFFFFF"><FONT FACE="Courier New"><FONT SIZE=-2>Supplemental
Disclosures of Cash Flow Information:</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9" BGCOLOR="#FFFFFF"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9" BGCOLOR="#FFFFFF"><FONT FACE="Courier New"><FONT SIZE=-2>Interest
paid</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 9,045,507 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 9,095,646 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9" BGCOLOR="#FFFFFF"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9" BGCOLOR="#FFFFFF"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9" BGCOLOR="#FFFFFF"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="61%" HEIGHT="9" BGCOLOR="#FFFFFF"><FONT FACE="Courier New"><FONT SIZE=-2>Income
taxes paid</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="9" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 835,000 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="9" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 980,000 </FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The accompanying notes are an
integral part of these financial statements.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-2>4</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-2><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>CITIZENS FINANCIAL SERVICES,
INC.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(Unaudited)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Note 1 - Basis of Presentation</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The consolidated financial statements
include the accounts of Citizens Financial Services, Inc. and its wholly-owned
subsidiary, First Citizens National Bank (the "Bank"), (collectively, the
"Company"). All material inter-company balances and transactions have been
eliminated in consolidation.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The accompanying interim financial
statements have been prepared by the Company without audit and, in the
opinion of management, reflect all adjustments (which include only normal
recurring adjustments) necessary to present fairly the Company's financial
position as of September 30, 1999, and the results of operations for the
interim periods presented. In preparing the consolidated financial statements,
management is required to make estimates and assumptions that affect the
reported amounts of assets and liabilities as of the date of the balance
sheet and revenues and expenses for the period. Actual results could differ
significantly from those estimates. For further information refer to the
consolidated financial statements and footnotes thereto incorporated by
reference in the Company's Annual Report on Form 10-K for the year ended
December 31, 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>In June 1998, the Financial Accounting
Standards Board issued Statement No. 133, (SFAS No. 133, "Accounting for
Derivative Instruments and Hedging Activities." This Statement establishes
accounting and reporting standards for derivative instruments and for hedging
activities. The Company implemented this statement effective October 1,
1998 and has reclassified all of its securities as available-for-sale.
The impact of the reclassification resulted in a significant change in
net unrealized holding gains on available-for-sale securities during the
4<SUP>th</SUP> quarter of 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Note 2 - Earnings per Share</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Earnings per share calculations
give retroactive effect to stock dividends declared by the Company. The
number of shares used in the earnings per share and dividends per share
calculation was 2,781,493 for 1999 and 2,755,521 for 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 2 - MANAGEMENT'S DISCUSSION
AND ANALYSIS OF FINANCIAL</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
CONDITION AND RESULTS OF OPERATIONS</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The following is management's
discussion and analysis of the significant changes in the results of operations,
capital resources and liquidity presented in its accompanying consolidated
financial statements for Citizens Financial Service, Inc., a bank holding
company and its subsidiary (the "Company"). Our Company's consolidated
financial condition and results of operations consist almost entirely of
our wholly owned subsidiary's (First Citizens National Bank) financial
conditions and results of operations. Our discussion should be read in
conjunction with the preceding September 30, 1999 Financial Report. The
results of operations for the nine months ended September 30, 1999 and
1998 are not necessarily indicative of the results to be expected for the
full year.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Forward-looking statements may
prove inaccurate. We have made forward-looking statements in this document,
and in documents that we incorporate by reference, that are subject to
risks and uncertainties. Forward-looking statements include the information
concerning possible or assumed future results of operations of Citizens
Financial Services, Inc., First Citizens National Bank, or the combined
company. When we use such words as "believes", "expects", "anticipates",
or similar expressions, we are making forward-looking statements.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>You should note that many factors,
some of which are discussed elsewhere in this document and in the documents
we incorporate by reference, could affect the future financial results.
These factors include, but are not limited to, the following:</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>5</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>*operating, legal and regulatory
risks;</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*economic, political and competitive
forces affecting our banking,</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1> securities, asset management
and credit services;</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*risk that our analysis of these
risks and forces could be incorrect</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1> and/or the strategies
developed to address them could be unsuccessful.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Readers should carefully review
the risk factors described in other documents our Company files from time
to time with the Securities and Exchange Commission, including the quarterly
reports on Form 10-K to be filed by our Company and any current reports
on Form 8-K filed by our Company.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company currently engages
in the general business of banking throughout our service area of Potter,
Tioga and Bradford counties in North Central Pennsylvania and Allegany,
Steuben, Chemung and Tioga counties in Southern New York. We maintain our
central office in Mansfield, Pennsylvania. Presently we operate banking
facilities in Mansfield, Blossburg, Ulysses, Genesee, Wellsboro, Troy,
Sayre, Canton, Gillett and the Wellsboro Weis Market store. Additionally,
we have automatic teller machines (ATMs) located in Soldiers and Sailors
Memorial Hospital in Wellsboro, Mansfield Wal-Mart and at Mansfield University.
Our Company's lending and deposit products and investment services are
offered primarily within the vicinity of the service area.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company faces strong competition
in the communities it serves from other commercial banks, savings banks,
and savings and loan associations, some of which are substantially larger
institutions than our subsidiary. In addition, personal and corporate trust
services are offered by insurance companies, investment counseling firms,
and other business firms and individuals. We also compete with
credit unions, issuers of money market funds, securities brokerage firms,
consumer finance companies, mortgage brokers and insurance companies. These
entities are strong competitors for virtually all types of financial services.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>In recent years, the financial
services industry has experienced tremendous change to competitive barriers
between bank and non-bank institutions. We not only must compete with traditional
financial institutions, but also with other business corporations that
have begun to deliver competing financial services. Competition for banking
services is based on price, nature of product, quality of service, and
in the case of certain activities, convenience of location.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company offers the following
trust and investment services:</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>*Investment management accounts
that assume managerial duties for</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1> investment accounts.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*Custody services for safekeeping
and preservation of assets.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*Mutual funds that provide an
asset allocation program.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*Personal trust services that
include stand-by, living and testamentary</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1> trusts.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*Estate planning and administration
to provide financial planning.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>*Retirement plan services for
individuals and businesses.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>FINANCIAL CONDITION</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>INVESTMENTS</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The investment portfolio, including
available-for-sale and held-to-maturity securities, increased by $1.6 million
or 1.7% from December 31, 1998 to September 30, 1999, and increased by
$6.7 million from September 30, 1998 to September 30, 1999.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>From 1990 through 1996, the concentration
of our Company's investment portfolio shifted to U.S. Treasury securities
and, until two years ago, no new investments had been made in state and
political subdivisions. During 1997, 1998 and 1999, we have been selling
U. S. Treasury notes to restructure the investment portfolio. We then invested
the proceeds by purchasing AAA municipal bonds, investment grade corporate
bonds and U S agency mortgage backed securities.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>6</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>LOANS</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Historically, loans have been
originated by our Company to customers in North Central Pennsylvania and
the Southern Tier of New York. Loans have been originated primarily through
direct loans to our existing customer base, with new customers generated
by referrals from real estate brokers, building contractors, attorneys,
accountants and existing customers. We also do a limited amount of indirect
loans through new and used car dealers in the primary lending area.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>As shown in the following tables,
the change in loans grew by $28 million or 13.8% for the year compared
to the 1998 period, the result of continued demand and attractive interest
rates. In addition, $2.4 million in conforming mortgage loans were originated
and sold on the secondary market through the Federal Home Loan Mortgage
Corporation, providing over $20,000 of income in origination fees and premiums
on loans sold. Residential mortgage lending is a principal business activity
and one our Company expects to continue by providing a full complement
of competitively priced conforming, nonconforming and home equity mortgages.</FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="764" >
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Amount</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Percent</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Amount</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Percent</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Amount</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Percent</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Real
estate:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Residential</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$144,102 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>63.6</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$132,287 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>64.2</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$129,990 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>65.3</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Commercial</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,906 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12.8</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,164 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13.2</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>25,578 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12.8</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Agricultural</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9,143 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9,266 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.5</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,757 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.9</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Loans
to individuals</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>for
household,</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>family
and other purchases</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14,871 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.6</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14,489 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14,088 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.1</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Commercial
and other loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11,791 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.2</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12,457 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11,708 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.9</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>State
and political subdivision loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,755 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.8</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10,272 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9,969 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.0</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Total
loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>226,568 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>100.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>205,935 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>100.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>199,090 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>100.0</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Unearned
income</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>36 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>60 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>72 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Net
loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$226,532 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$205,875 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$199,018 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1999/</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1999/</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31, 1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Real
estate:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Residential</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11,815 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.9 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14,112 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10.9 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Commercial</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,742 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.4 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,328 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13.0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Agricultural</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>
(123)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(1.3)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,386 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17.9 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Loans
to individuals</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>for
household,</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>family
and other purchases</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>382 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2.6 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>783 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.6 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Commercial
and other loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>
(666)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(5.3)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>83 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0.7 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>State
and political subdivision loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,483 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>72.8 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,786 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>78.1 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="29%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Total
loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>20,633 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10.0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="15%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,478 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13.8 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Commercial lending activity is
primarily focused on small businesses and our Company's commercial lending
officers have been successful in attracting new business loans.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>We expect loans to state and
political subdivisions will continue to increase for the remainder of 1999.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>7</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Deposits increased by $15.5 million
or 5.8% during the September 30, 1999/1998 period.</FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="764" >
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30,</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Amount</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Percent</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Amount</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Percent</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Amount</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Percent</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Noninterest-bearing
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 22,742 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 20,978 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.7</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 21,173 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.9</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>NOW
accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>39,242 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13.8</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>37,113 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13.5</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>32,558 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12.1</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Savings
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>29,339 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10.3</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>26,421 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.6</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>26,834 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10.0</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Money
market deposit accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>43,020 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>15.1</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>39,584 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14.4</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>39,436 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14.7</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Certificates
of deposit</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>149,939 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>52.7</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>150,097 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>54.7</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>148,765 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>55.4</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Total
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$284,282 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>100.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$274,193 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>100.0</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$268,766 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>100.0</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1999/</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1999/</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31, 1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="24%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Noninterest-bearing
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,764 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.4 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,569 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.4 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>NOW
accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,129 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.7 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,684 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>20.5 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Savings
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,918 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>11.0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,505 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.3 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Money
market deposit accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,436 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.7 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,584 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.1 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Certificates
of deposit</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(158)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(0.1)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,174 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0.8 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Total
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10,089 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.7 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>15,516 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.8 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="13"></TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Borrowed funds increased $14.5
million during the first nine months of 1999 compared with the same increase
from the 1998 period. $8 million of the increase was the result of an investment
leverage using borrowings from the FHLB to fund increasing mortgage-backed
securities and corporate bonds in our investment portfolio. The other $6.5
million increase was used to fund the strong loan growth and other investments.
The Company's daily cash requirements or short-term investments are met
by using the financial instruments available through the Federal Home Loan
Bank.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>CAPITAL</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The Company has computed its
risk-based capital ratios as follows (dollars</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>in thousands):</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>
September 30, December
31,</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
1999
1998</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>
Amount Ratio
Amount Ratio</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Total capital (to risk-weighted
assets)</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>Company
$30,745 14.35%
$29,296 14.99%</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>For capital adequacy purposes
17,146 8.00%
15,632 8.00%</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>To be well capitalized
21,432 10.00%
19,540 10.00%</FONT></FONT>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Tier I capital (to risk-weighted
assets)</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>Company
$28,398 13.25%
$26,893 13.96%</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>For capital adequacy purposes
8,573 4.00%
7,816 4.00%</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>To be well capitalized
12,859 6.00%
11,724 6.00%</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Tier I capital (to average assets)</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>Company
$28,398 8.59%
$26,893 8.66%</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>For capital adequacy purposes
13,224 4.00%
12,423 4.00%</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>To be well capitalized
16,530 5.00%
15,529 5.00%</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>See the discussion of liquidity
below for details regarding future expansion</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>plans and the impact on capital.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>8</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Due to the significant rise in
market interest rate levels during the past year, our available-for-sale
investment portfolio declined in value by $1.4 million net of federal taxes.
This decline is the reason why our total shareholders' equity increased
by only $328,000 over September 30, 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>July 30, 1999 our Company began
a plan to purchase, in open market or privately negotiated transactions,
up to 135,000 shares of its outstanding common stock. The purchases are
to be funded by using available excess capital.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>RESULTS OF OPERATIONS</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Net income for the nine month
period ending September 30, 1999 was $2,646,000, a decrease of $84,000
or 3.1% over the $2,730,000 for the 1998 related period. Earnings per share
was $.95 during the first nine months of 1999 compared with $.99 during
the comparable 1998 period. Details of the reasons for this decline are
discussed on the following pages.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Net income for the three month
period was $804,000, a decrease of $165,000 or 16.9% from the $968,000
for the 1998 related period.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Net interest income, the most
significant component of earnings, is the amount by which interest generated
from earning assets exceeds interest expense on liabilities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Net interest income for the three
month period ending September 30, 1999, after provision for loan losses,
was $2,761,000 a decrease of $9,000 compared to with a decrease of $66,000
at September 30, 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Net interest income for the current
nine month period, after provision for loan losses, was $8,285,000, an
increase of $134,000 or 1.6% compared with a decrease of $37,000 during
the same period in 1998.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>9</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<BR>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="770" >
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="12" WIDTH="69%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Analysis
of Average Balances and Interest Rates for the Nine Month Period Ending
(1)</FONT></FONT></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="23%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="23%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="4" WIDTH="23%" HEIGHT="11">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, 1997</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Average</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Average</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Average</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Average</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Average</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="7%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="8%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Average</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Balance</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Interest</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Rate</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Balance</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Interest</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Rate</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Balance</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Interest</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Rate</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>ASSETS</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>%</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Short-term
investments:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing
deposits at banks</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,627</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>58</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.73%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,423</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>219</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.40%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,255</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>175</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.50%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
short-term investments</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,627</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>58</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.73%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,423</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>219</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.40%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,255</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>175</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.50%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Investment
securities:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Taxable</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>68,588</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,065</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.96%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>75,812</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,537</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.22%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>83,445</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,976</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.35%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Tax-exempt
(3)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>20,509</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,067</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.94%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,750</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>476</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.25%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>604</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>58</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12.80%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
investment securities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>89,097</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,132</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.18%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>84,562</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,013</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.33%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>84,049</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,034</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.40%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
All Investments</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>90,724</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,190</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.16%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>89,985</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,232</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.27%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>88,304</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,209</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.36%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Loans:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Residential
mortgage loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>136,837</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,648</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.45%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>125,923</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,403</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.92%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>118,003</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,149</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.23%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Commercial
and farm loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>48,788</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,328</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.12%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>45,451</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,354</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.87%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>43,669</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,246</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.94%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Loans
to state and political subdivisions</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,089</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>822</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.40%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>10,380</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>668</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.60%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9,666</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>614</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.49%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Other
loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14,491</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>975</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.00%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,836</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>948</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.16%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,855</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,009</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.74%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Loans,
net of</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Discount
(2)(3)(4)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>213,205</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,773</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.64%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>195,590</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,373</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.14%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>185,193</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,018</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9.40%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
interest-earning assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>303,929</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,963</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7.90%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>285,575</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,605</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.24%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>273,497</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>17,227</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8.42%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Cash
and due from banks</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,853</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,536</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,002</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Bank
premises and equipment</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,891</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5,722</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,950</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Other
assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,803</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>886</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,958</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
non-interest bearing assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>15,547</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>14,030</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>13,910</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Total
assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>319,476</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>298,719</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>287,407</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="4" WIDTH="47%" HEIGHT="14"><FONT FACE="Courier New"><FONT SIZE=-2>LIABILITIES
AND STOCKHOLDERS' EQUITY</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="14"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="14"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="14"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="14"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="14"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="14"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="14"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing
liabilities:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>NOW
accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>35,976</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>479</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.78%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>33,120</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>536</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2.16%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>32,488</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>586</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2.41%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Savings
accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,976</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>372</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.78%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>26,795</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>444</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2.22%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,040</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>465</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2.22%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Money
market accounts</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>41,020</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,326</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.32%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>36,754</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,343</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.89%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>27,812</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>941</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.52%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Sub-total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>104,972</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,177</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2.77%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>96,669</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,323</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.21%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>88,340</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,992</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.01%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Certificates
of deposit</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>152,128</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,323</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.56%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>145,702</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,255</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.74%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>143,955</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6,270</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.82%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
interest-bearing deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>257,100</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,500</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.42%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>242,371</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,578</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.73%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>232,295</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,262</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.76%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Other
borrowed funds</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,019</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>325</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>5.42%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>7,025</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>328</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.24%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,542</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>396</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>6.20%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
interest-bearing liabilities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>265,119</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,825</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.45%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>249,396</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,906</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.77%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>240,837</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,658</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.81%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Demand
deposits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>21,998</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>19,549</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>18,887</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Other
liabilities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4,316</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,424</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3,617</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
non-interest-bearing liabilities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>26,314</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>22,973</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>22,504</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Stockholders'
equity</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>28,043</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>26,350</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>24,066</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
liabilities and stockholders'</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Equity</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>319,476</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>298,719</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>287,407</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Net
interest income</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>9,138</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,699</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8,569</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="9%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="11"></TD>
</TR>
</TABLE>
<CENTER>
<P><FONT FACE="Courier New">10</FONT></CENTER>
<P><FONT FACE="Courier New"><PAGE></FONT>
<BR>
<BR>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="770" >
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Net
interest spread (5)</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.45%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.47%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3.62%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="2" WIDTH="38%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Net
interest income as a percentage</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>of
average interest-earning assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.02%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.07%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>4.19%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Ratio
of interest-earning assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>to
interest-bearing iabilities</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.15</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.15</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.14</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="8%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="7" WIDTH="77%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>(1)
Averages are based on daily averages.</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="10" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>(2)
Includes loan origination and commitment fees.</FONT></FONT></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="9" WIDTH="94%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>(3)
Tax exempt interest revenue is shown on a tax equivalent basis for proper
comparison using</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-2> a statutory
federal income tax rate of 34%.</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="2" WIDTH="38%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="10" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>(4)
Income on non-accrual loans is accounted for on a cash basis, and the loan
balances are included in interest-earning </FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-2> assets.</FONT></FONT></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="10" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>(5)
Interest rate spread represents the difference between the average rate
earned on interest-earning assets</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-2> and the average
rate paid on interest-bearing liabilities.</FONT></FONT></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="4" WIDTH="53%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="9%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="6%" HEIGHT="10"></TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>As described in the table above,
the yield on earning assets, on a tax-equivalent basis, was 7.90% and 8.24%
during the first nine months of 1999 and 1998, respectively (a decline
of 34 basis points). The cost of funds was 4.45% and 4.77% during the same
nine month period (a decrease of 32 basis points).</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Previously we have experienced
the narrowing of our interest margin percentage. The trend has slowed and
become more stable during the nine months of 1999. Our longer term interest-bearing
liabilities are repricing almost as fast or faster than our interest-earning
assets. The current yield curve has become steeper during 1999 increasing
our future opportunity to increase margin with new business and as the
existing investments and loans mature or repay. We continue to review various
pricing and investment strategies to enhance deposit growth while maintaining
or expanding the current interest margin.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>11</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<DIR>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>Analysis of Changes in Net
Interest Income on a Tax Equivalent Basis (in thousands) for the Nine Month
Period Ended September 30,</FONT></FONT></DIR>
</DIR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="788" >
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="6" WIDTH="33%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999 vs. 1998 (1)</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="5" WIDTH="37%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998 vs. 1997 (1)</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change in</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Total</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change in</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Total</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Volume</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>In Rate</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Volume</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>In Rate</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>Change</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Interest
Income: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Short-term
investments: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing
deposits at banks </FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(136)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(26)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(162)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>47 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(3)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>44 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
short-term investments </FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(136)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(26)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(162)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>47 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(3)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>44 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Investment
securities: </FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Taxable </FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(326)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(146)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(472)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(357)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(81)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(439)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Tax-exempt </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>610 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(18)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>592 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>432 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(14)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>418 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
investment securities </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>284 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(164)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>120 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>75 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(95)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(21)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Loans: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Residential
mortgage loans </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>654 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(356)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>298 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>510 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(256)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>254 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Commercial
and farm loans </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>216 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(119)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>97 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>131 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(23)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>108 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Loans
to state and political subdivisions </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>170 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(16)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>154 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>46 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>8 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>54 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Other
loans </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>55 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(204)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(149)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(1) </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(60) </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(61) </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Loans,
net of </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Discount </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,095 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(695)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>400 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>686 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(331)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>355 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
Interest Income </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,243 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(885)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>358 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>808 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(430)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>378 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Interest
Expense: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Interest-bearing
deposits: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>NOW
accounts </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>54 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(111)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(57)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>12 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(62)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(50)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Savings
accounts </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>21 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(93)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(72)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(21)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(21)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Money
Market accounts </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>178 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(195)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(17)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>322 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>80 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>402 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Certificates
of deposit </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>244 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(176)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>68 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>82 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(97)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(15)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
interest-bearing deposits </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>497 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(575)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(78)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>395 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(79)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>316 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Other
borrowed funds </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>47 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(50)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(3)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(71)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>3 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(68)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>Total
interest expense </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>544 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(625)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(81)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>324 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(76)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>248 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="10"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="10"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="10"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"><FONT FACE="Courier New"><FONT SIZE=-2>Net
interest income </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>699 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(260)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>439 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>415 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="14%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(285)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="11">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>130 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="31%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="11%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="10%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="1%" HEIGHT="11"></TD>
<TD VALIGN=TOP WIDTH="11%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="14%" HEIGHT="11"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="11"></TD>
</TR>
<TR>
<TD VALIGN=TOP COLSPAN="12" ROWSPAN="2" HEIGHT="10"><FONT FACE="Courier New"><FONT SIZE=-2>(1)
The portion of the total change attributable to both volume and rate changes
during the year has been allocated to volume and rate components based
upon the absolute dollar amount of the change in each component prior to
allocation.</FONT></FONT></TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The above table details the change
in net interest income and shows an increase of $1,243,000 resulting from
volume changes in investments and loans. The volume of interest expense
increased the cost of interest-bearing deposits and borrowings by $544,000.
The positive gain from volume of $699,000 when combined with decrease of
income due to rate of $260,000 resulted in a net increase of $439,000 compared
to a net decrease of $130,000 for the same period in 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The provision for loan losses
was $90,000 and $210,000 for the three-month and nine-month periods ended
September 30, 1999 compared to $52,500 and $157,500 for the same periods
in 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>This provision was appropriate
given management's quarterly review of the allowance for loan losses that
is based on the following information: migration analysis of delinquent
and non accrual loans, estimated future losses on loans, recent review
of large problem credits, local and national economic conditions, historical
loss experience, OCC qualitative adjustments, purchase of loans through
acquisitions and peer comparisons.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>12</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>OTHER OPERATING INCOME</FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="674" >
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Three months ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>%</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Service
charges</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$378 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$287 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>91 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>31.7 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Trust</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>81 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>91 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(10)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(11.0)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Other</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>27 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>68 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(41)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(60.3)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Realized
securities gains, net</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>4 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>202 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(198)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(98.0)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-1>Total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$490 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$648 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(158)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(24.4)</FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<BR>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="668" >
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Nine months ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Service
charges</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$1,034 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 769 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>265 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>34.5 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Trust</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>285 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>257 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>28 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>10.9 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Other</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>291 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>213 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>78 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>36.6 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Arbitration
settlement</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>29 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>112 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(83)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(74.1)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Realized
securities gains, net</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>231 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>374 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(143)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(38.2)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="34%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-1>Total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$1,870 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$1,725 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>145</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="17%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>8.4 </FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>As indicated in the above table,
other income was $490,000 and $1,870,000 for the three-month and nine-month
periods ended September 30, 1999 compared to $648,000 and $1,725,000 for
the same periods in 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The increase in service charges
is directly attributable to increased checking account, ATM and MasterMoney
Card charges.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The trust income increase is
the result of a change in our fee structure and additional business.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The decrease in other income
was a result of an adjustment to insurance income.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The 1998 increase in realized
securities gain was primarily the result of the restructuring of the investment
portfolio by selling U. S Treasury Notes and using the proceeds to purchase
other securities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>We continue to evaluate means
of increasing other operating income to off-set the loss of net interest
income described above. Our approach, recently, is to apply service charges
on business accounts by charging fees on transaction activity (reduced
by earnings credit based on customers' balances) to more equitably recover
costs. We expect to continue this analysis for our other products.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>13</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>OTHER OPERATING EXPENSES</FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="776" >
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Three months ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>%</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Salaries
and employee benefits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$1,128 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$1,037 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>91 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>8.8 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Occupancy </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>124 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>134 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>
(10)</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="17%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(7.5)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Furniture
and equipment </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>173 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>173 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1> 0 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>0 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Professional
fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>95 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>67 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>28 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>41.8 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Other</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>719 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>664 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>55 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>8.3 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-1>Total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$2,239 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$2,075 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>164 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>7.9 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Nine months ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="32%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>%</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Salaries
and employee benefits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$3,204 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$2,910 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>294 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>10.1 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Occupancy </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>392 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>397 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(5)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(1.3)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Furniture
and equipment </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>513 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>530 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(17)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(3.2)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Professional
fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>411 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>223 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>188 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>84.3 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Other</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>2,178 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>2,008 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>170 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>8.5 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="32%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-1>Total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="16%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$6,698 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="15%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$6,068 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="18%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>630 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="3" WIDTH="19%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>10.4 </FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Other operating expenses detailed
above were $2.2 million and $6.7 million for the three-month and nine-month
periods ended September 30, 1999 compared to $2.1 million and $6.1 million
for the same periods in 1998.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The increase in salaries and
employee benefits was a result of normal merit increases.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Occupancy and furniture and equipment
expense had very little change in either period.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The other operating expense increase
reflects the cost of loan promotions and other normal operating expenses.</FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="728" >
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>PROFESSIONAL
FEES</FONT></FONT></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Three months ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>%</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Other
professional fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 67</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 42</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>25 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>59.5 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Legal
fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>11</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>15</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="21%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(4)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="19%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>(26.7)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Examinations
and audits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>17</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>10</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>7 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>70.0 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-1>Total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="13" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 95</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="13" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 67</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>28 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>41.8 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Nine months ended</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="23%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>Change</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>$</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>%</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Other
professional fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 343</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 166</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>177 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>106.6 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Legal
fees</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>29</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>25</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>4 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>16.0 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-1>Examinations
and audits</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>39</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>32</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>7 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>21.9 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="37%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-1>Total</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="13" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 411</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="13" BGCOLOR="#FFFFFF">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>$ 223</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="20%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>188 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="20%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-1>84.3 </FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Professional fees increase reflects
management's efforts to implement strategic growth initiatives and process
improvements which will be completed in 1999.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Provision for Income Taxes</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The provision for income taxes
was $207,000 and $811,000 for the three-month and nine-month periods ended
September 30, 1999 compared to $375,000 and $1,078,000 for the same periods
in 1998. The decrease was primarily a result of increased levels of tax
exempt income.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>14</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>In November 1999, we entered
into a limited partnership agreement to establish a low income housing
project in Bradford County, Pa. As a result of this agreement we expect
to receive approximately $900,000 of tax credits over a ten year period
once the project has been completed.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>LIQUIDITY</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>As detailed in the Consolidated
Statement of Cash Flows, our Company incurred a negative net cash flow
from operating, investing and financing activities during the 1999 period.
The major components have been discussed previously in the financial condition
section relating to investments, loans and deposits.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Liquidity is a measure of our
Company's ability to efficiently meet normal cash flow requirements of
both borrowers and depositors. To maintain proper liquidity, we use funds
management policies along with our investment policies to assure we can
meet our financial obligations to depositors, credit customers and stockholders.
Liquidity is needed to meet depositors' withdrawal demands, extend credit
to meet borrowers' needs, provide funds for normal operating expenses and
cash dividends, and fund other capital expenditures.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company's historical activity
in this area can be seen in the Consolidated Statement of Cash Flows from
investing and financing activities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Cash generated by operating activities,
investing activities and financing activities influences liquidity management.
The most important source of funds is the deposits that are primarily core
deposits (deposits from customers with other relationships). Short-term
debt from the Federal Home Loan Bank supplements our Company's availability
of funds.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company's use of funds is
shown in the investing activity section of the Consolidated Statement of
Cash Flows, where the net increase in loans is detailed. Other significant
uses of funds include capital expenditures. Surplus funds are then invested
in investment securities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Capital expenditures were $837,000
in 1999, $498,000 more than 1998, primarily the result of the acquisition
of property that is now our operations center described below.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>These purchases will allow greater
operating efficiency and provide our customers with a higher quality product.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>On February 8, 1999, we acquired
a property near the Mansfield Wal-Mart consisting of a large office building
on 2 acres, to be used as an administration and/or operations facility.
We expect the costs of acquisition and remodeling to be approximately $1.8
million</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>In addition, our Company has
contracted with Wal-Mart to include a First Citizens branch in their new
Supercenter scheduled to be opened May 2000.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company continues to plan
for an approximate $2.4 million renovation or replacement of the Mansfield
community office. This effort has been in various stages of planning for
more than nine years. We expect construction to take place in 2000.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>We believe our Company has sufficient
resources to complete these projects from our normal operations and that
they will have a long-term positive effect on revenues, efficiency and
the capacity for future growth.</FONT></FONT>
<P><FONT SIZE=-1><FONT FACE="Courier New">Our Company achieves liquidity
primarily from temporary or short-term investments in the Federal Home
Loan Bank of Pittsburgh, PA (</FONT><FONT FACE="WP TypographicSymbols">A</FONT><FONT FACE="Courier New">FHLB</FONT><FONT FACE="WP TypographicSymbols">@</FONT><FONT FACE="Courier New">),
and investments that mature in less than one year. The Company also has
a maximum borrowing capacity at the FHLB of approximately $89 million as
an additional source of liquidity.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Apart from those matters described
above, management does not currently believe that there are any current
trends, events or uncertainties that would have a material impact on capital.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>15</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>CREDIT QUALITY RISK</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The following table identifies
amounts of loan losses and non-performing loans. Past due loans are those
that were contractually past due 90 days or more as to interest or principal
payments.</FONT></FONT>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=2 WIDTH="764" >
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30,</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="8" WIDTH="50%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31, </FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1997</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1996</FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1995</FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Non-performing
loans:</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Non-accruing
loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,292 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,495 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,169 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 844 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$ 762 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Impaired
loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,054 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>382</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>382 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>414 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>697 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Accrual
loans - 90 days or</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>More
past due</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>105 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>15 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>170 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>723 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>689 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Total
non-performing loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,451 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,892 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,721 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1,981 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>2,148 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Foreclosed
assets held for sale</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>667 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>529 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>238 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>164 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>208 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Total
non-performing assets</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$3,118 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,421 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,959 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,145 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,356 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Non-performing
loans as a percent</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>of
loans net of unearned income</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.08%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0.92%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>0.90%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.09%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.33%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Non-performing
assets as a percent</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>of
loans net of unearned income</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.38%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.18%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.02%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.18%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.46%</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Allowance
for possible loan loasses: </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>September 30, </FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="8" WIDTH="50%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>December 31, </FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1999 </FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1998 </FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1997 </FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1996 </FONT></FONT></CENTER>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<CENTER><FONT FACE="Courier New"><FONT SIZE=-2>1995 </FONT></FONT></CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Balance
at beginning of period </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,292 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,138 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,995 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,833 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,721 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Charge-offs </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="14%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(199)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(112)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(83)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(64)</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>(69)</FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Recoveries </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>44</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>48 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>16 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>21 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>18 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Provision
for loan losses </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>210 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>218 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>210 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>205 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>163 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>Balance
at end of period </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,347 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,292 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$2,138 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,995 </FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>$1,833 </FONT></FONT></DIV>
</TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="12"><FONT FACE="Courier New"><FONT SIZE=-2>Allowance
for losses as a percent </FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="12"></TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="12"></TD>
</TR>
<TR>
<TD VALIGN=TOP WIDTH="36%" HEIGHT="13"><FONT FACE="Courier New"><FONT SIZE=-2>of
total loans</FONT></FONT></TD>
<TD VALIGN=TOP WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.04%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.13%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.11%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="12%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.09%</FONT></FONT></DIV>
</TD>
<TD VALIGN=TOP COLSPAN="2" WIDTH="13%" HEIGHT="13">
<DIV ALIGN=right><FONT FACE="Courier New"><FONT SIZE=-2>1.13%</FONT></FONT></DIV>
</TD>
</TR>
</TABLE>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The Company does not accrue interest
income on impaired loans. Subsequent cash payments received are applied
to the outstanding principal balance or recorded as interest income, depending
upon management's assessment of its ultimate ability to collect principal
and interest.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>INTEREST RATE AND MARKET RISK
MANAGEMENT</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The objective of interest rate
sensitivity management is to maintain an appropriate balance between the
stable growth of income and the risks associated with maximizing income
through interest sensitivity imbalances and the market value risk of assets
and liabilities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Because of the nature of our
operations, we are not subject to foreign currency exchange or commodity
price risk and, since our Company has no trading portfolio, it is not subject
to trading risk.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Currently our Company has equity
securities that represent only 4% of our investment portfolio and, therefore,
equity risk is not significant.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The primary components of interest-sensitive
assets include adjustable-rate loans and investments, loan repayments,
investment maturities and money market investments. The primary components
of interest-sensitive liabilities include maturing certificates of deposit,
IRA certificates of deposit and short-term borrowings. Savings deposits,
NOW accounts and money market investor accounts are considered core deposits
and are not short-term interest sensitive (except for the top-tier money
market investor accounts which are paid current market interest rates).</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>16</FONT></FONT></CENTER>
<BR>
<P><BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Gap analysis, one of the methods
used by us to analyze interest rate risk, does not necessarily show the
precise impact of specific interest rate movements on our Company's net
interest income because the repricing of certain assets and liabilities
is discretionary and is subject to competitive and other pressures. In
addition, assets and liabilities within the same period may, in fact, be
repaid at different times and at different rate levels. We have not experienced
the kind of earnings volatility that might be indicated from gap analysis.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Our Company currently uses a
computer simulation model to better measure the impact of interest rate
changes on net interest income. We uses the model as part of our risk management
process that will effectively identify, measure, and monitor our Company's
risk exposure.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Numerous interest rate simulations
using a variety of assumptions are used by us to evaluate our interest
rate risk exposure. A shock analysis at September 30, 1999, indicated that
a 200 basis point movement in interest rates in either direction would
not have a significant adverse impact on our Company's anticipated net
interest income over the next twenty-four months.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>YEAR 2000 COMPUTER PROBLEM</FONT></FONT>
<UL>
<LI>
<I><FONT FACE="Courier New"><FONT SIZE=-1>Bank's State of Readiness</FONT></FONT></I></LI>
</UL>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>We are aware of the possibility
of exposure by banks to a computer problem known as the "Year 2000 Problem"
or the "Millennium Bug" (the inability of some computer programs to distinguish
between the year 1900 and the year 2000). If not corrected, some computer
applications could fail or create erroneous results by or at the Year 2000.
This could cause entire system failures, miscalculations, and disruptions
of normal business operations including, among other things, a temporary
inability to process transactions, send statements, or engage in similar
day to day business activities. The extent of the potential impact of the
Year 2000 Problem in not yet known, and if not timely corrected, it could
affect the global economy.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>We have assessed the extent of
vulnerability of our Company's computer systems to the problem. Our Company's
conversion, in August 1997, to Jack Henry and Associates (JHA) for core
banking application software and the purchase of a new IBM AS/400 hardware
system on which to run the core processing software, has greatly minimized
our exposure to these problems. The JHA Silverlake System software was
certified by the Information Technology Association of America (ITAA) on
March 16, 1998 while the IBM AS\400 received the first ever Year 2000 certification
by that organization. Most internal testing and validation for these primary
mission critical systems was successfully completed in November 1998. The
testing process of other critical systems was completed in June 1999.</FONT></FONT></DIR>
<UL>
<LI>
<I><FONT FACE="Courier New"><FONT SIZE=-1>Risk Assessment of Year 2000</FONT></FONT></I></LI>
</UL>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>We believe that, with modifications
to existing software and conversions to new software, the Year 2000 problem
will not pose a significant operational problem for us. However, because
most computer systems are, by their very nature, interdependent, it is
possible that non-compliant third party computers could impact our Company's
computer systems. Additionally, we have taken steps to communicate with
the third parties, such as wire transfer systems, telephone systems, electric
companies and other utility companies with which we do business to coordinate
Year 2000 compliance but could be adversely affected if they or the unrelated
third parties are unsuccessful. We have assessed the impact the Year 2000
may have on our large loan (credit risk) and deposit customers and have
determined that there is little risk to our bank.</FONT></FONT></DIR>
<UL>
<LI>
<I><FONT FACE="Courier New"><FONT SIZE=-1>Cost of Year 2000</FONT></FONT></I></LI>
</UL>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>As described above, our primary
systems are Year 2000 compliant, therefore, little programming costs will
be incurred. Most of the costs incurred in addressing this problem are
related to planning and internal testing and validation which are expected
to be expensed as incurred. The financial impact to our Company of Year
2000 compliance was $39,000 in 1998. As of the 3rd quarter of 1999, our
Y2K expense was $37,000 and future expenditures are not anticipated to
be material to our Company's financial position or results of operations
for the remainder of 1999. However, there can be no guarantee that these
estimates will be achieved and actual results could differ materially from
these plans.</FONT></FONT>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>17</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT></DIR>
<UL>
<LI>
<I><FONT FACE="Courier New"><FONT SIZE=-1>Contingency Plans</FONT></FONT></I></LI>
</UL>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>We, in conjunction with our
Year 2000 and Disaster Recovery consultants, have coordinated our disaster
recover plans to include the response to a Year 2000 problem. Our Y2K Business
Continuation Contingency Plan involves the use of manual labor to compensate
for the temporary loss of certain automated computer systems or third party
vendors and provides a detailed procedure for our branches and departments.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>On October 11, 1999 an employee
seminar was held to review the contingency plan procedures. This in-house
review was successful in providing our employees with the information necessary
to plan for a possible Y2K event both at work and at home. This seminar
represented a review and positive validation of our contingency plan.</FONT></FONT></DIR>
<UL>
<LI>
<I><FONT FACE="Courier New"><FONT SIZE=-1>Customer Awareness</FONT></FONT></I></LI>
</UL>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>We have educated our employees
and informed customers of our Year 2000 efforts and the actions they can
take to minimize the impact on their financial activities. We have held
seminars, mailed brochures, and have reported our status in our annual
and quarterly reports to our shareholders.</FONT></FONT></DIR>
<FONT FACE="Courier New"><FONT SIZE=-1>GENERAL</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>The majority of assets and liabilities
of a financial institution are monetary in nature and, therefore, differ
greatly from most commercial and industrial companies that have significant
investments in fixed assets or inventories. However, inflation does have
an important impact on the growth of total assets and on noninterest expenses,
which tend to rise during periods of general inflation. The level of inflation
over the last few years has been declining.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Various congressional bills have
been passed and other proposals have been made for significant changes
to the banking system, including provisions for: limitation on deposit
insurance coverage; changing the timing and method financial institutions
use to pay for deposit insurance; expanding the power of banks by removing
restrictions on bank underwriting activities; tightening the regulation
of bank derivatives' activities; allowing commercial enterprises to own
banks; and permitting bank holding companies, such as our Company, to own
or control affiliates that engage in securities, mutual funds and insurance
activities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Aside from those matters described
above, we do not believe that there are any trends, events or uncertainties
which would have a material adverse impact on future operating results,
liquidity or capital resources. We are not aware of any current recommendations
by the regulatory authorities (except as described herein) which, if they
were to be implemented, would have such an effect, although the general
cost of compliance with numerous and multiple federal and state laws and
regulations does have, and in the future may have, a negative impact on
our Company's results of operations.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 3- Quantitative and Qualitative
Disclosure About Market Risk</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>In the normal course of conducting
business activities, the Company is exposed to market risk, principally
interest rate risk, through the operations of its banking subsidiary. Interest
rate risk arises from market driven fluctuations in interest rates that
affect cash flows, income, expense and values of financial instruments
and was disussed previously in this Form 10-Q. Interest rate risk is managed
by management and a committee of the board of directors.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>No material changes in market
risk strategy occurred during the current period. A detailed discussion
of market risk is provided in the SEC Form 10-K for the period ended December
31, 1998.</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>18</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>PART II - OTHER INFORMATION AND
SIGNATURES</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 1 - Legal Proceedings</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Management is not aware of any
litigation that would have a material</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>adverse effect on the consolidated
financial position of the Company. Any</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>pending proceedings are ordinary,
routine litigation incidental to the</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>business of the Company and
its subsidiary. In addition, no material</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>proceedings are pending or are
known to be threatened or contemplated against</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>the Company and its subsidiary
by government authorities.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 2 - Changes in Securities
- - Nothing to report.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 3 - Defaults Upon Senior
Securities - Nothing to report.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 4 - Submission of Matters
to a Vote of Security Holders - Nothing to report.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 5 - Other Information -
Nothing to report.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Item 6 - Exhibits and reports
on Form 8-K.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>
(a) Exhibits.</FONT></FONT>
<OL TYPE="a">
<OL TYPE="a"><FONT FACE="Courier New"><FONT SIZE=-1>(3)(i) - Articles of
Incorporation of the Corporation, as amended. (Incorporated by Reference
to Exhibit (3)(i) to the Annual Report of Form 10-K for the fiscal year
ended December 31, 1998, as filed with the Commission on March 17, 1999.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(3)(ii)- By-laws of the Corporation,
as amended. (Incorporated by Reference to Exhibit (3)(ii) to the Annual
Report of Form 10-K for the fiscal year ended December 31, 1995, as filed
with the Commission on March 26, 1996.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(4) - Instruments Defining the
Rights of Stockholders. (Incorporated by reference to the Registrant=s
Registration Statement No.2-89103 on Form S-14, as filed with the Commission
on February 17, 1984.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(10) - Material Contracts. Employment
Agreement between our Company and Richard E. Wilber. (Incorporated by Reference
to Exhibit (10)to the Annual Report of Form 10-K for the fiscal year ended
December 31, 1998, as filed with the Commission on March 17, 1998.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(11) - Computation of Earnings
Per Share included on page 5 of this Form 10-Q.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(27) - Financial Data Schedules,
which are submitted electronically to the Securities and Exchange Commission
for information only and not filed.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(b) Reports on Form 8-K
- - None.</FONT></FONT></OL>
</OL>
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>19</FONT></FONT></CENTER>
<FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<BR>
<BR>
<BR>
<BR>
<BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Signatures</FONT></FONT></CENTER>
<BR>
<P><BR>
<BR>
<BR>
<BR>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Pursuant to the requirements
of the Securities Exchange Act of 1934, the</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>undersigned Registrant has duly
caused this report to be signed on its behalf</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>by the undersigned hereunto
duly authorized.</FONT></FONT>
<BR>
<BR>
<BR>
<BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>Citizens Financial Services,
Inc.</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>(Registrant)</FONT></FONT></CENTER>
<BR>
<P><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>November 10, 1999
/s<U>/ Richard E. Wilber</U></FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
By: Richard E. Wilber</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
President</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
(Principal Executive Officer)</FONT></FONT>
<BR>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1>November 10, 1999
/s<U>/ Thomas C. Lyman</U></FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
By: Thomas C. Lyman</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
Treasurer</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
(Principal Financial Officer &</FONT></FONT>
<BR><FONT FACE="Courier New"><FONT SIZE=-1>
Principal Accounting Officer)</FONT></FONT>
<BR>
<P><BR>
<CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1>20</FONT></FONT></CENTER>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>EXHIBITS INDEX</FONT></FONT>
<DIR>
<DIR>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>(3)(i) - Articles of Incorporation
of the Corporation, as amended. (Incorporated by Reference to Exhibit (3)(i)
to the Annual Report of Form 10-K for the fiscal year ended December 31,
1998, as filed with the Commission on March 17, 1999.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(3)(ii)- By-laws of the Corporation,
as amended. (Incorporated by Reference to Exhibit (3)(ii) to the Annual
Report of Form 10-K for the fiscal year ended December 31, 1995, as filed
with the Commission on March 26, 1996.)</FONT></FONT></DIR>
</DIR>
</DIR>
<DIR>
<DIR>
<DIR><FONT FACE="Courier New"><FONT SIZE=-1>(4) - Instruments Defining
the Rights of Stockholders. (Incorporated by reference to the Registrant=s
Registration Statement No.2-89103 on Form S-14, as filed with the Commission
on February 17, 1984.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(10) - Material Contracts. Employment
Agreement between our Company and Richard E. Wilber. (Incorporated by Reference
to Exhibit (10)to the Annual Report of Form 10-K for the fiscal year ended
December 31, 1998, as filed with the Commission on March 17, 1998.)</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(11) - Computation of Earnings
Per Share included on page 5 of this Form 10-Q.</FONT></FONT>
<P><FONT FACE="Courier New"><FONT SIZE=-1>(27) - Financial Data Schedule,
which are submitted electronically to the Securities and Exchange Commission
for information only and not filed.</FONT></FONT>
<BR> </DIR>
</DIR>
</DIR>
<CENTER><FONT FACE="Courier New"><FONT SIZE=-1>21</FONT></FONT></CENTER>
<P><BR>
<BR>
<BR>
<P><FONT FACE="Courier New"><FONT SIZE=-1><PAGE></FONT></FONT>
</BODY>
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<S> <C>
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<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> SEP-30-1999
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