Essex Savings Bank Service and Trust Since 1851 offices located in Essex, Old Saybrook, Old Lyme and Madison

Financial Statements

	As of December 31,
Assets	2011	2010
Cash and balances due from banks	$ 56,907	$ 39,801
Securities - Available-for-sale	6,347	6,410

Loans receivable	220,987	229,835
Less: Allowance for loan losses	2,042	2,093
	________	________
Loans receivable, net	218,945	227,742

Premises and fixed assets	7,741	7,583
Other real estate owned	327	545
Other assets	8,912	8,894
	________	________
Total assets	$299,179	$290,975
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Liabilities and Equity Capital
Interest-bearing deposits	$189,407	$181,955
Noninterest-bearing deposits	46,696	41,131
Other borrowed money	19,259	26,309
Other liabilities	6,562	5,867
	________	________
Total liabilities	261,924	255,262

Bank equity capital	36,913	35,333
Noncontrolling interest in consolidated subsidiary	342	380
	________	________
Total equity capital	37,255	35,713
	________	________
Total Liabilities and Equity Capital	$299,179	$290,975
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