Selected Consolidated Financial Data Balance Sheet Data: dollars in thousands		 Mar 31, Dec 31, Sep 30, Jun 30,	 Mar 31, 				 2008	 2007	 2007 2007	 2007 				 	 	 	 	 Cash and cash equivalents	 $12,578 $12,285 $ 9,598 $30,026 $20,498 Securites available for sale	 87,803 84,514 82,782	82,590 79,219 Loans, net			 190,264 191,488 192,158 186,019 184,148 Deposits			 239,507 242,523 242,133 257,016 247,920 Repurchase agreements		 9,784 8,831 8,322	 9,047 7,788 Federal Home Loan Bank advances 18,000 17,000 14,000	14,000 14,000 Shareholders' equity	 35,756 34,991 34,699	34,050 34,605 Total assets	 308,833 306,651 303,055 317,563 307,559 Income Statement Data:				Quarter ended dollars in thousands, except per		Mar 31,	 Mar 31, share data					2008	 2007	 Change Interest income					$4,270	 $4,352 -1.9% Interest expense				 1,526	 1,710 -10.8% Net interest income				 2,744	 2,642 3.9% Provision for loan losses		 	 187 27 592.6% Net interest income after provision for loan losses					 2,557	 2,615 -2.2% Noninterest income				 592	 411 44.0% Noninterest expense		 2,489	 2,672 -6.8% Income before income taxes		 660	 354 86.4% Income taxes		 169	 67 152.2% Net income					 $491	 $287 71.1% Earnings per share Basic and diluted		 $0.22	 $0.13 69.2% Weighted average shares outstanding	 2,205,787 2,234,488 Quarterly Earnings Summary Previous Eight Quarters: dollars in thousands, except per share data 					Mar	 Dec	 Sep	 Jun 					2008	 2007	 2007 2007 	 Interest income	 	 	$4,270 $4,441 $4,497 $4,542 Interest expense		 1,526 1,718 1,756 1,784 Net interest income			 2,744 2,723 2,741 2,758 Provision for loan losses		 187 120 - - Net interest income after provision for loan losses		 	 2,557 2,603 2,741 2,758 Noninterest income		 592 602 553 424 Noninterest expense		 2,489 2,387 2,620 2,821 Income before income taxes		 660	 818 674 361 Income taxes		 169	 215 167 47 Net income		 $491 $603 $507 $314 Earnings per share Basic and diluted		 $0.22 $0.27 $0.23 $0.14 Cash dividends per share		 $0.16 $0.16 $0.16 $0.16 Weighted average shares outstanding 2,205,787 2,222,115 2,234,488 2,234,488 					Mar	 Dec	 Sep Jun 	 		2007	 2006 2006 2006 Interest income		 $4,352 $4,426 $4,379 $4,187 Interest expense		 1,710 1,699 1,559 1,466 Net interest income		 2,642 2,726 2,820 2,721 Provision for loan losses		 27 	 120 40 	 - Net interest income after provision for loan losses		 2,615 2,606 2,780 2,721 Noninterest income		 411	 412 429	 378 Noninterest expense		 2,672 2,843 2,818 2,976 Income before income taxes		 354	 176	 391	 123 Income taxes		 67 -18	 88	 -36 Net income		 $287 $194	 $303 $159 Earnings per share Basic and diluted		 $0.13 $0.09 $0.14 $0.07 Cash dividends per share	 $0.16 $0.16 $0.16 $0.16 Weighted average shares outstanding 2,234,488 2,234,488 2,234,488 2,234,488