|
December 31, 2008
(unaudited)
Assets
| Cash And Due From Banks |
$36,923,583
|
| Investment Securities Available
for Sale, at fair value |
83,459,963
|
| Investment Securities Held To Maturity,
at amortized cost |
153,516,980
|
| Federal Home Loan Bank
Of NY Stock, at cost |
3,840,100
|
| Loans, net |
272,415,874
|
| Premises and Equipment, net |
11,304,981
|
| Other Assets |
28,446,884
|
|
TOTAL ASSETS
|
$589,908,365
|
Liabilities & Equity
| Noninterest-bearing Deposits |
$59,393,952
|
| Interest-bearing Deposits |
373,857,902
|
| Borrowed Funds |
66,363,000
|
| Escrow & Other Liabilities |
11,722,021
|
|
Total Liabilities
|
$511,336,875
|
|
Total Equity
|
$78,571,490
|
|
TOTAL LIABILITIES AND EQUITY
|
$589,908,365 |
President's Message
|
