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December 31, 2004

December 31, 2003   December 31, 2002

CONDENSED STATEMENTS OF OPERATIONS (unaudited)
	Fourth Quarter Ended			Twelve Months Ended
	December 31,			December 31,
	2004	2003		2004	2003
($ in thousands, except per share data)
Interest Income	$11,130	$8,913		$38,643	$34,376
Interest Expense	2,303	1,588		7,447	8,696
Net Interest Income	8,827	7,325		31,196	25,680
Provision for Loan Losses	500	800		1,550	2,100
Net Interest Income after      Provision for Loan Losses	8,327	6,525		29,646	23,580
Non-Interest Income	1,007	1,180		4,199	4,923
Non-Interest Expense	4,195	3,585		15,339	13,774
Income Before Income Taxes	5,139	4,120		18,506	14,729
Income Taxes	2,043	1,362		7,354	5,696
Net Income	$3,096	$2,758		$11,152	$9,033
Net Income Per Share	$0.56	$0.51		$2.02	$1.66
CONDENSED STATEMENTS OF FINANCIAL CONDITION (unaudited)
		December 31,
		2004			2003
		($ in thousands)
Assets
Cash and Due From Banks		$35,212			$22,960
Federal Funds Sold and Securities      Purchased Under Resale Agreements		73,000			59,000
Investment Securities		164,635			155,869
Loans and Leases		615,961			504,053
Less: Allowance for Loan Losses		(6,724)			(6,168)
Unearned Income		(2,382)			(1,395)
Net Loans and Leases		606,855			496,490
Other Assets and Accrued Interest    Receivables		27,568			27,506
		$907,270			$761,825
Liabilities and Stockholders' Equity
Liabilities:
Deposits		$801,535			$662,812
Acceptances Outstanding		2,502			5,554
FHLB Term Borrowings		15,000			15,000
Other Liabilities and Accrued Interest    Payable		11,425			10,723
Total Liabilities		830,462			694,089
Stockholders' Equity		76,808			67,736
		$907,270			$761,825