December 31, 2007

December 31, 2006

Cash & Due From Banks

                40,374,956

                  54,221,646

Federal Funds Sold

                12,372,162

                  24,801,535

Loans

              510,232,297

                465,193,626

     Less: Allowance for Loan Losses

                (4,556,592)

                  (4,506,592)

Investment Securities

              114,350,298

                127,639,760

Premises and Equipment

                18,846,926

                  17,361,092

Accrued Interest Receivable and Other Assets

                25,162,453

                  24,482,827

      Total Assets

             716,782,500

                709,193,894

Demand Deposits

              125,959,546

                137,950,513

Savings, NOW, Money Market

              277,843,759

                296,778,960

Time Deposits

              156,298,137

                138,708,468

      Total Deposits

             560,101,442

                573,437,941

Securities Sold Under Repurchase Agreements and Other Borrowings

                55,690,768

                  42,689,338

Accrued Interest Payable and Other Liabilities

                  5,754,520

                   5,134,506

      Total Other Liabilities

                61,445,288

                  47,823,844

Common Stock

                  1,950,000

                   1,950,000

Surplus

                15,420,535

                  15,407,613

Retained Earnings and Other Equity

                77,315,860

                  72,050,052

Accumulated Other Comprehensive Income

                    549,375

                  (1,475,556)

      Total Stockholders' Equity

                95,235,770

                  87,932,109

      Total Liabilities and Stockholders' Equity

             716,782,500

                709,193,894