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Financial Reports

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March 31, 2004

December 31, 2004   September 30, 2004   June 30, 2004   December 31, 2003   December 31, 2002

CONDENSED STATEMENTS OF OPERATIONS (unaudited)
	First Quarter Ended March 31,
	2004			2003
($ in thousands, except per share data)
Interest Income	$9,244			$8,576
Interest Expense	1,527			2,604
Net Interest Income	7,717			5,972
Provision for Loan Losses	300			200
Interest Income after
Provision for Loan Losseses	7,417			5,772
Non Interest Income	952			970
Non Interest Expense	4,207			3,687
Income Before Taxes	4,162			3,055
Income Taxes	1,652			1,262
Net Income	$2,510			$1,793
Net Income Per Share	$0.46			$0.33
CONDENSED STATEMENTS OF FINANCIAL CONDITION (unaudited)
		March 31,
	2004			2003
	($ in thousands)
Assets
Cash and Due From Banks		$36,128				$22,617
Federal Funds Sold and Securities      Purchased Under Resale Agreements		110,500				129,000
Investment Securities		414,476				114,939
Loans and Leases		502,301				445,966
Less: Allowance for Loan Losses		(6,419)				(7,446)
Unearned Income		(1,243)				(1,118)
Net Loans and Leases		494,639				437,402
Other Assets and Accrued Interest    Receivable		26,085				27,091
		$808,828				$730,503
Liabilities and Stockholders' Equity
Liabilities:
Deposits		$702,736				$634,243
Acceptances Outstanding		4,425				5,895
Term Borrowings	20,000			20,000
Other Liabilities and Accrued Interest    Payable	10,025				8,706
Total Liabilities		737,186				668,844
Stockholders' Equity		71,642				61,659
		$808,828				$730,503