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	2010	2009
Cash and balances due from banks	$ 39,801	$ 22,595
Securities - Available-for-sale	6,410	1,183

Loans receivable	229,835	236,320
Less: Allowance for loan losses	2,093	1,977
	________	________
Loans receivable, net	227,742	234,343

Premises and fixed assets	7,583	7,696
Other real estate owned	545	-
Other assets	8,894	9,469
	________	________
Total assets	$290,975	$275,286
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Liabilities and Equity Capital
Interest-bearing deposits	$181,955	$170,534
Noninterest-bearing deposits	41,131	34,595
Other borrowed money	26,309	30,809
Other liabilities	5,867	6,719
	________	________
Total liabilities	255,262	242,657

Bank equity capital	35,333	32,354
Noncontrolling interest in consolidated subsidiary	380	275
	________	________
Total equity capital	35,713	32,629
	________	________
Total Liabilities and Equity Capital	$290,975	$275,286
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