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Financial Reports

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September 30, 2004

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

CONDENSED STATEMENTS OF OPERATIONS (unaudited)
	Third Quarter Ended			Nine Months Ended
	September 30,			September 30,
	2004	2003		2004	2003
($ in thousands, except per share data)
Interest Income	$10,503	$8,999		$29,066	$26,655
Interest Expense	1,922	1,956		5,143	7,108
Net Interest Income	8,581	7,043		23,923	19,547
Provision for Loan Losses	500	800		1,050	1,300
Net Interest Income after      Provision for Loan Losses	8,081	6,243		22,873	18,247
Non-Interest Income	1,031	1,587		3,192	3,774
Non-Interest Expense	4,294	3,895		12,698	11,412
Income Before Income Taxes	4,818	3,935		13,367	10,609
Income Taxes	1,915	1,578		5,311	4,334
Net Income	$2,903	$2,357		$8,056	$6,275
Net Income Per Share	$0.52	$0.43		$1.46	$1.15
CONDENSED STATEMENTS OF FINANCIAL CONDITION (unaudited)
		September 30,
		2004			2003
		($ in thousands)
Assets
Cash and Due From Banks		$31,521			$31,458
Federal Funds Sold and Securities      Purchased Under Resale Agreements		51,000			73,000
Investment Securities		184,839			152,850
Loans and Leases		585,637			484,819
Less: Allowance for Loan Losses		(6,131)			(6,577)
Unearned Income		(2,295)			(1,379)
Net Loans and Leases		577,211			476,863
Other Assets and Accrued Interest    Receivables		27,684			28,991
		$872,255			$763,162
Liabilities and Stockholders' Equity
Liabilities:
Deposits		$770,663			$662,406
Acceptances Outstanding		2,720			6,179
FHLB Term Borrowings		15,000			20,000
Other Liabilities and Accrued Interest    Payable		10,041			10,161
Total Liabilities		798,424			698,746
Stockholders' Equity		73,831			64,416
		$872,255			$763,162