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Financial Reports

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June 30, 2004

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

CONDENSED STATEMENTS OF OPERATIONS (unaudited)
	Second Quarter Ended			Six Months Ended
	June 30,			June 30,
	2004	2003		2004	2003
($ in thousands, except per share data)
Interest Income	$9,319	$9,080		$18,563	$17,656
Interest Expense	1,694	2,548		3,221	5,152
Net Interest Income	7,625	6,532		15,342	12,504
Provision for Loan Losses	250	300		550	500
Net Interest Income after      Provision for Loan Losses	7,375	6,232		14,792	12,004
Non-Interest Income	1,208	1,216		2,160	2,186
Non-Interest Expense	4,196	3,829		8,403	7,516
Income Before Income Taxes	4,387	3,619		8,549	6,674
Income Taxes	1,744	1,495		3,396	2,756
Net Income	$2,643	$2,124		$5,153	$3,918
Net Income Per Share	$0.48	$0.39		$0.94	$0.72
CONDENSED STATEMENTS OF FINANCIAL CONDITION (unaudited)
		June 30,
		2004			2003
		($ in thousands)
Assets
Cash and Due From Banks		$27,119			$23,517
Federal Funds Sold and Securities      Purchased Under Resale Agreements		111,000			135,000
Investment Securities		175,446			139,971
Loans and Leases		513,302			468,568
Less: Allowance for Loan Losses		(5,615)			(6,756)
Unearned Income		(1,622)			(1,137)
Net Loans and Leases		506,065			460,675
Other Assets and Accrued Interest    Receivables		27,693			26,178
		$847,323			$785,341
Liabilities and Stockholders' Equity
Liabilities:
Deposits		$747,382			$676,738
Acceptances Outstanding		3,976			4,310
Term Borrowings		20,000			30,000
Other Liabilities and Accrued Interest    Payable		7,092			10,380
Total Liabilities		778,450			721,428
Stockholders' Equity		68,873			63,913
		$847,323			$785,341