Central Bank Statement of Condition
December 31, 2007

Assets
Cash & Due From Banks	10,313,793.99
U.S. Agency Bonds	500,000.00
Municipal Bonds	3,430,893.69
Mortgage Backed Securities	12,141,408.79
Federal Reserve Stock	54,000.00
Federal Home Loan Bank Stock / IBB Stock	408,000.00
Independent Bankers Bank Stock	50,400.00
Total Loans (Excluding Unearned Income)	27,481,080.74
Less: Reserve for Loan Losses	(404,742.05)
Net Loans	27,076,338.69
Bank Premises	946,843.68
Other Assets	1,609,040.38
TOTAL ASSETS	56,530,719.22

Liabilities
Deposits	50,738,333.14
Borrowed Funds	500,000.00
Capital Stock	500,000.00
Surplus	1,300,000.00
Undivided Profits	2,915,877.13
Contingent Reserve	100,000.00
Appreciation (Depreciation) on Available for Sale Portfolio	(124,285.85)
Reserve for Taxes, Dividends & Other Liabilities	600,794.80
TOTAL LIABILITIES & CAPITAL	56,530,719.22

Member Federal Deposit Insurance Corporation
Member Federal Reserve System