| Delaware                                         | 31-1557791             |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------|
| (State or other jurisdiction of                                                                                                                                                                                                                          | (I.R.S. Employer       |
| incorporation or organization)                                                                                                                                                                                                                           | Identification Number) |
| 151 North Market Street                                                                                                                                                                                                                                  |                   |
|                                                                                                                                                                                                                                                     |                   |
| 151 North Market StreetWooster, Ohio                                           | 44691                  |
| (Address of principal                                                                                                                                                                                                                                    | (Zip Code)             |
| executive office)                                                                                                                                                                                                                                        |                   |

----

d

|                                                                                                                     | Page   |
|--------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                     |   |
| PART I - FINANCIAL INFORMATION                                                                                           |   |
|                                                                                                                     |   |
| Item 1  Condensed Consolidated Balance Sheets                                                                  | 2      |
|  Condensed Consolidated Statements of Income                                                                        | 3      |
|  Condensed Consolidated Statements of Comprehensive Income                                                          | 4      |
|  Condensed Consolidated Statements of Cash Flows                                                                    | 5      |
|  Notes to Condensed Consolidated Financial Statements                                                               | 7      |
|                                                                                                                     |   |
| Item 2  Management’s Discussion and Analysis of Financial Condition  and Results of Operations | 24     |
|                                                                                                                     |   |
| Item 3  Quantitative and Qualitative Disclosures About Market Risk                                             | 38     |
|                                                                                                                     |   |
| Item 4T  Controls and Procedures                                                                               | 38     |
|                                                                                                                     |   |
|                                                                                                                     |   |
| PART II - OTHER INFORMATION                                                                                              |   |
|                                                                                                                     |   |
| Item 1  Legal Proceedings                                                                                      | 39     |
|                                                                                                                     |   |
| Item 1A  Risk Factors                                                                                          | 39     |
|                                                                                                                     |   |
| Item 2  Unregistered Sales of Equity Securities and Use of Proceeds                                            | 39     |
|                                                                                                                     |   |
| Item 3  Defaults Upon Senior Securities                                                                        | 39     |
|                                                                                                                     |   |
| Item 4  Reserved                                                                                               | 39     |
|                                                                                                                     |   |
| Item 5  Other Information                                                                                      | 39     |
|                                                                                                                     |   |
| Item 6  Exhibits                                                                                               | 40     |
|                                                                                                                     |   |
| SIGNATURES                                                                                                               | 41     |
|                                                                                                                     |   |

----

Index

n

h

|                                                                                                                                                          |   | December 31, 2010 |                |   | March 31, 2010 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|---------------------|--------|----------------|--------|
|                                                                                                                                                          |   | (Unaudited)       |                |   |           |   |
| ASSETS                                                                                                                                                        |   |              |                |   |           |   |
| Cash and due from banks                                                                                                                                       |   | $                 | 7,562               |   |           | $      | 5,853 |   |
| Interest-bearing demand deposits                                                                                                                              |   |              | 4,238               |   |           |   | 4,022 |   |
|      Cash and cash equivalents                                                                                                       |   |              | 11,800              |   |           |   | 9,875 |   |
|                                                                                                                                                          |   |              |                |   |           |   |   |   |
| Available-for-sale securities                                                                                                                                 |   |              | 131,785             |   |           |   | 119,863 |   |
| Held-to-maturity securities                                                                                                                                   |   |              | 604                 |   |           |   | 698 |   |
| Loans receivable – net of allowance for loan losses of $3,065 and      $2,826 at December 31, 2010 and March 31, 2010, respectively |   |              | 237,866             |   |           |   | 247,006 |   |
| Premises and equipment                                                                                                                                        |   |              | 6,995               |   |           |   | 7,291 |   |
| Federal Home Loan Bank stock                                                                                                                                  |   |              | 5,025               |   |           |   | 5,025 |   |
| Foreclosed assets held for sale  -  net                                                                                                   |   |              | 2,675               |   |           |   | 2,888 |   |
| Accrued interest receivable                                                                                                                                   |   |              | 1,291               |   |           |   | 1,602 |   |
| Bank-owned life insurance                                                                                                                                     |   |              | 6,941               |   |           |   | 6,754 |   |
| Goodwill                                                                                                                                                      |   |              | 1,719               |   |           |   | 1,719 |   |
| Other intangible assets                                                                                                                                       |   |              | 310                 |   |           |   | 378 |   |
| Prepaid Federal Deposit Insurance Corporation premiums                                                                                                        |   |              | 1,201               |   |           |   | 1,541 |   |
| Other assets                                                                                                                                                  |   |              | 1,227               |   |           |   | 1,222 |   |
| Prepaid federal income taxes                                                                                                                                  |   |              | 59                  |   |           |   | 170 |   |
| Total assets                                                                                                                                                  |   | $                 | 409,498             |   |           | $      | 406,032 |   |
|                                                                                                                                                          |   |              |                |   |           |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                    |   |              |                |   |           |   |   |   |
|     Liabilities                                                                                                                           |   |              |                |   |           |   |   |   |
|       Deposits                                                                                                                  |   |              |                |   |           |   |   |   |
|   Demand                                                                                                                                            |   | $                 | 62,876              |   |           | $      | 57,106 |   |
|   Savings and money market                                                                                                                          |   |              | 101,401             |   |           |   | 94,589 |   |
|   Time                                                                                                                                              |   |              | 155,706             |   |           |   | 160,239 |   |
|             Total deposits                                                                        |   |              | 319,983             |   |           |   | 311,934 |   |
|                                                                                                                                                          |   |              |                |   |           |   |   |   |
|           Other short-term borrowings                                                                       |   |              | 7,459               |   |           |   | 7,454 |   |
|           Federal Home Loan Bank advances                                                                   |   |              | 39,477              |   |           |   | 45,500 |   |
|           Accrued interest payable and other liabilities                                                    |   |              | 3,581               |   |           |   | 2,818 |   |
|           Deferred federal income taxes                                                                     |   |              | 1,001               |   |           |   | 1,331 |   |
|              Total liabilities                                                               |   |              | 371,501             |   |           |   | 369,037 |   |
|                                                                                                                                                          |   |              |                |   |           |   |   |   |
| Commitments and Contingencies                                                                                                                                 |   |              | ––      |   |           |   | –– |   |
|                                                                                                                                                          |   |              |                |   |           |   |   |   |
| Stockholders’ Equity                                                                                                                                    |   |              |                |   |           |   |   |   |
| Preferred stock, 500,000 shares of $.10 par value authorized; no shares issued                                                                                |   |              | ––      |   |           |   | –– |   |
| Common stock, $.10 par value; authorized 9,000,000 shares;     3,978,731 shares issued                                               |   |              | 398                 |   |           |   | 398 |   |
| Additional paid-in capital                                                                                                                                    |   |              | 36,000              |   |           |   | 36,012 |   |
| Retained earnings                                                                                                                                             |   |              | 15,599              |   |           |   | 14,332 |   |
| Shares acquired by ESOP                                                                                                                                       |   |              | (740                | )      |           |   | (807 | ) |
| Accumulated other comprehensive income, net of tax effects                                                                                                    |   |              | 1,270               |   |           |   | 1,590 |   |
| Treasury stock, at cost – 974,618 common shares                                                                                                         |   |              |   (14,530 | )      |           |   | (14,530 | ) |
|          Total stockholders’ equity                                                                        |   |              | 37,997              |   |           |   | 36,995 |   |
| Total liabilities and stockholders’ equity                                                                                                              |   | $                 | 409,498             |   |           | $      | 406,032 |   |

----

Index

a

|                                                                                           |   | Nine months  |    |   | Three months |   |
|------------------------------------------------------------------------------------------------|--------|--------------|---------|--------|--------------|--------|
|                                                                                           |   | Ended        |    |   | Ended        |   |
|                                                                                           |   | December 31, |    |   | December 31, |   |
|                                                                                           |   | 2010         |    |   | 2009         |   |   | 2010 |   |   | 2009 |   |
| Interest and Dividend Income                                                                   |   |         |    |   |         |   |   |   |   |   |   |   |
|      Loans                                                            |   | $            | 10,007  |   |         | $      | 10,895 |   |   | $ | 3,244 |   |   | $ | 3,581 |   |
|      Securities                                                       |   |         | 3,514   |   |         |   | 4,132 |   |   |   | 1,084 |   |   |   | 1,351 |   |
|      Dividends on Federal Home Loan Bank stock and other              |   |         | 168     |   |         |   | 179 |   |   |   | 53 |   |   |   | 57 |   |
|           Total interest and dividend income |   |         | 13,689  |   |         |   | 15,206 |   |   |   | 4,381 |   |   |   | 4,989 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Interest Expense                                                                               |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
|      Deposits                                                         |   |         | 2,873   |   |         |   | 3,720 |   |   |   | 903 |   |   |   | 1,099 |   |
|      Other short-term borrowings                                      |   |         | 22      |   |         |   | 26 |   |   |   | 7 |   |   |   | 7 |   |
|      Federal Home Loan Bank advances                                  |   |         | 1,155   |   |         |   | 1,438 |   |   |   | 338 |   |   |   | 443 |   |
|           Total interest expense             |   |         | 4,050   |   |         |   | 5,184 |   |   |   | 1,248 |   |   |   | 1,549 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                                                                            |   |         | 9,639   |   |         |   | 10,022 |   |   |   | 3,133 |   |   |   | 3,440 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Loan Losses                                                                      |   |         | 430     |   |         |   | 1,115 |   |   |   | 120 |   |   |   | 570 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income After Provision for Loan Losses                                            |   |         | 9,209   |   |         |   | 8,907 |   |   |   | 3,013 |   |   |   | 2,870 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest Income                                                                             |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
|      Gain on loan sales                                               |   |         | 155     |   |         |   | 161 |   |   |   | 32 |   |   |   | 48 |   |
|      Gain (loss) on sale of foreclosed assets held for sale           |   |         | 48      |   |         |   | (21 | ) |   |   | 34 |   |   |   | (10 | ) |
|      Gain on sale of available-for-sale securities                    |   |         | — |   |         |   | 91 |   |   |   | — |   |   |   | 91 |   |
|      Trust income                                                     |   |         | 155     |   |         |   | 142 |   |   |   | 59 |   |   |   | 53 |   |
|      Earnings on bank-owned life insurance                            |   |         | 175     |   |         |   | 173 |   |   |   | 59 |   |   |   | 58 |   |
|      Service fees, charges and other operating                        |   |         | 930     |   |         |   | 1,030 |   |   |   | 300 |   |   |   | 334 |   |
|           Total noninterest income           |   |         | 1,463   |   |         |   | 1,576 |   |   |   | 484 |   |   |   | 574 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest Expense                                                                            |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
|      Salaries and employee benefits                                   |   |         | 4,488   |   |         |   | 4,352 |   |   |   | 1,476 |   |   |   | 1,480 |   |
|      Net occupancy and equipment expense                              |   |         | 1,327   |   |         |   | 1,378 |   |   |   | 442 |   |   |   | 440 |   |
|      Federal deposit insurance premiums                               |   |         | 364     |   |         |   | 579 |   |   |   | 119 |   |   |   | 122 |   |
|      Franchise taxes                                                  |   |         | 261     |   |         |   | 263 |   |   |   | 88 |   |   |   | 87 |   |
|      Provision for impairment on foreclosed assets held for sale      |   |         | 337     |   |         |   | 70 |   |   |   | 261 |   |   |   | 20 |   |
|      Loss on disposal of office premises and equipment                |   |         | — |   |         |   | 4 |   |   |   | — |   |   |   | — |   |
|      Amortization of intangible assets                                |   |         | 68      |   |         |   | 71 |   |   |   | 22 |   |   |   | 23 |   |
|      Other                                                            |   |         | 1,518   |   |         |   | 1,425 |   |   |   | 500 |   |   |   | 472 |   |
|           Total noninterest expense          |   |         | 8,363   |   |         |   | 8,142 |   |   |   | 2,908 |   |   |   | 2,644 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Income Before Federal Income Taxes                                                             |   |         | 2,309   |   |         |   | 2,341 |   |   |   | 589 |   |   |   | 800 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Federal Income Taxes                                                             |   |         | 516     |   |         |   | 522 |   |   |   | 113 |   |   |   | 165 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Net Income                                                                                     |   | $            | 1,793   |   |         | $      | 1,819 |   |   | $ | 476 |   |   | $ | 635 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Basic Earnings Per Share                                                                       |   | $            | 0.61    |   |         | $      | 0.62 |   |   | $ | 0.16 |   |   | $ | 0.21 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Diluted Earnings Per Share                                                                     |   | $            | 0.61    |   |         | $      | 0.62 |   |   | $ | 0.16 |   |   | $ | 0.21 |   |
|                                                                                           |   |         |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Dividends Per Share                                                                            |   | $            | 0.18    |   |         | $      | 0.15 |   |   | $ | 0.06 |   |   | $ | 0.05 |   |

----

Index

e

|                                                                                                                                                                                             |   | Nine months  |    |   | Three months |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                                                                             |   | Ended        |    |   | Ended        |   |
|                                                                                                                                                                                             |   | December 31, |    |   | December 31, |   |
|                                                                                                                                                                                             |   | 2010         |    |   | 2009         |   |   | 2010 |   |   | 2009 |   |
| Net Income                                                                                                                                                                                       |   | $            | 1,793   |   |         | $      | 1,819 |   |   | $ | 476 |   |   | $ | 635 |   |
| Other comprehensive income:     Unrealized holding gains on securities, net of relatedtaxes (benefits) of $(165), $435, $(531) and $(180) during the respective periods |   |         | (320    | )      |         |   | 844 |   |   |   | (1,031 | ) |   |   | (349 | ) |
| Reclassification adjustment for realized gains included in income, net of related taxes of $0, $31, $0 and $31 during the respective periods                                                     |   |         | — |   |         |   | (60 | ) |   |   | — |   |   |   | (60 | ) |
| Comprehensive income (loss)                                                                                                                                                                      |   | $            | 1,473   |   |         | $      | 2,603 |   |   | $ | (555 | ) |   | $ | 226 |   |
| Accumulated other comprehensive income                                                                                                                                                           |   | $            | 1,270   |   |         | $      | 1,474 |   |   | $ | 1,270 |   |   | $ | 1,474 |   |

----

Index

m

|                                                                         |   | 2010   |    |   | 2009   |   |
|------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                         |   |   |    |   |   |   |
| Operating Activities                                                         |   |   |    |   |   |   |
| Net income                                                                   |   | $      | 1,793   |   |   | $      | 1,819 |   |
| Items not requiring (providing) cash                                         |   |   |    |   |   |   |   |   |
| Depreciation and amortization                                                |   |   | 396     |   |   |   | 438 |   |
| Provision for loan losses                                                    |   |   | 430     |   |   |   | 1,115 |   |
| Amortization of premiums and discounts on securities – net             |   |   | 760     |   |   |   | (120 | ) |
| Amortization of mortgage servicing rights                                    |   |   | 41      |   |   |   | 29 |   |
| Amortization of deferred loan origination fees                               |   |   | (62     | )      |   |   | (71 | ) |
| Amortization of intangible assets                                            |   |   | 68      |   |   |   | 71 |   |
| Increase in value of bank owned life insurance                               |   |   | (187    | )      |   |   | (185 | ) |
| Amortization expense of stock benefit plan                                   |   |   | 54      |   |   |   | 40 |   |
| Loss on real estate acquired through foreclosure                             |   |   | 289     |   |   |   | 91 |   |
| Net gain on sale of loans                                                    |   |   | (155    | )      |   |   | (161 | ) |
| Net gain on sale of available-for-sale securities                            |   |   | — |   |   |   | (91 | ) |
| Proceeds from sale of loans in secondary market                              |   |   | 3,731   |   |   |   | 5,406 |   |
| Origination of loans for sale in the secondary market                        |   |   | (3,574  | )      |   |   | (5,323 | ) |
| Deferred income taxes                                                        |   |   | (165    | )      |   |   | (225 | ) |
| Changes in                                                                   |   |   |    |   |   |   |   |   |
| Accrued interest receivable                                                  |   |   | 311     |   |   |   | 249 |   |
| Other assets                                                                 |   |   | 405     |   |   |   | (1,663 | ) |
| Interest payable and other liabilities                                       |   |   | 348     |   |   |   | (519 | ) |
| Net cash provided by operating activities                                    |   |   | 4,483   |   |   |   | 900 |   |
|                                                                         |   |   |    |   |   |   |   |   |
| Investing Activities                                                         |   |   |    |   |   |   |   |   |
| Purchase of  available-for-sale securities                         |   |   | (43,993 | )      |   |   | (24,819 | ) |
| Proceeds from maturities of available-for-sale securities                    |   |   | 30,826  |   |   |   | 27,230 |   |
| Proceeds from maturities of held-to-maturity securities                      |   |   | 94      |   |   |   | 195 |   |
| Proceeds from sale of investment securities designated as available-for-sale |   |   | — |   |   |   | 4,579 |   |
| Net change in loans                                                          |   |   | 7,660   |   |   |   | 1,986 |   |
| Purchase of premises and equipment                                           |   |   | (100    | )      |   |   | (298 | ) |
| Proceeds from the sale of foreclosed assets                                  |   |   | 1,034   |   |   |   | 517 |   |
| Net cash provided by (used in) investing activities                          |   |   | (4,479  | )      |   |   | 9,390 |   |
|                                                                         |   |   |    |   |   |   |   |   |

----

Index

|                                                                                  |   | 2010   |    |   | 2009   |   |
|---------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                                  |   |   |    |   |   |   |
|                                                                                  |   |   |    |   |   |   |
| Financing Activities                                                                  |   |   |    |   |   |   |
| Net change in deposits                                                                |   | $      | 8,049   |   |   | $      | (500 | ) |
| Net change in other short-term borrowings                                             |   |   | 5       |   |   |   | (2,378 | ) |
| Proceeds from Federal Home Loan Bank advances                                         |   |   | 18,750  |   |   |   | 20,300 |   |
| Repayments of Federal Home Loan Bank advances                                         |   |   | (24,773 | )      |   |   | (20,800 | ) |
| Advances by borrowers for taxes and insurance                                         |   |   | 415     |   |   |   | 353 |   |
| Cash dividends paid                                                                   |   |   | (525    | )      |   |   | (436 | ) |
| Net cash provided by (used in) financing activities                                   |   |   | 1,921   |   |   |   | (3,461 | ) |
|                                                                                  |   |   |    |   |   |   |   |   |
| Increase (Decrease) in Cash and Cash Equivalents                                      |   |   | 1,925   |   |   |   | 6,829 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Cash and Cash equivalents, Beginning of period                                        |   |   | 9,875   |   |   |   | 6,790 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Cash and Cash equivalents, End of period                                              |   | $      | 11,800  |   |   | $      | 13,619 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Supplemental Cash Flows Information      Cash Paid For: |   |   |    |   |   |   |   |   |
| Interest on deposits and borrowings                                                   |   | $      | 4,658   |   |   | $      | 5,333 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Federal income taxes                                                                  |   | $      | 570     |   |   | $      | 725 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Supplemental Disclosure of Non-Cash Investing and Financing Activities                |   |   |    |   |   |   |   |   |
| Transfers from loans to foreclosed assets held for sale                               |   | $      | 1,110   |   |   | $      | 800 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Unrealized gains (losses) on securities designated as available-for-sale,             |   |   |    |   |   |   |   |   |
|     net of related tax effects                                    |   | $      | (320    | )      |   | $      | 844 |   |
|                                                                                  |   |   |    |   |   |   |   |   |
| Dividends payable                                                                     |   | $      | 180     |   |   | $      | 150 |   |

----

Index

| Note 1: | Basis of Presentation |
|---------|-----------------------|

| Note 2: | Principles of Consolidation |
|---------|-----------------------------|

----

Index

| Note 3: | Earnings Per Share |
|---------|--------------------|

|                                                 |   | For the nine months endedDecember 31, |                 |   | For the three months endedDecember 31, |   |
|------------------------------------------------------|--------|---------------------------------------|----------------------|--------|----------------------------------------|--------|
|                                                 |   | 2010                                  |                 |   | 2009                                   |   |   | 2010 |   |   | 2009 |   |
| Weighted-average common shares outstanding (basic)   |   |                                  | 2,921,530            |   |                                   |   | 2,911,990 |   |   |   | 2,922,238 |   |   |   | 2,912,056 |   |
| Dilutive effect of assumed exercise of stock options |   |                                  |  –– |   |                                   |   |   –– |   |   |   |  –– |   |   |   |  –– |   |
| Weighted-average common shares outstanding (diluted) |   |                                  | 2,921,530            |   |                                   |   | 2,911,990 |   |   |   | 2,922,238 |   |   |   | 2,912,056 |   |

| Note 4: | Stock Option Plan |
|---------|-------------------|

----

Index

|                               |   | Nine months endedDecember 31, |           |   | Year ended March 31,    |   |
|------------------------------------|--------|-------------------------------|----------------|--------|------------------------------|--------|
|                               |   | 2010                          |           |   | 2010                         |   |   | 2009 |   |
|                               |   |   Shares            |           |   | WeightedAverageexerciseprice |   |   |   Shares |   |   | WeightedAverageexerciseprice |   |   |   Shares |   |   | WeightedAverageexerciseprice |   |
| Outstanding at beginning of period |   |                          |  94,020   |   |                         | $      | 13.95 |   |   |   |  94,020 |   |   | $ | 13.95 |   |   |   | 104,224 |   |   | $ | 13.95 |   |
| Granted                            |   |                          | –– |   |                         |   | –– |   |   |   | –– |   |   |   | –– |   |   |   | –– |   |   |   | –– |   |
| Exercised                          |   |                          | –– |   |                         |   | –– |   |   |   | –– |   |   |   | –– |   |   |   | –– |   |   |   | –– |   |
| Forfeited                          |   |                          | –– |   |                         |   | –– |   |   |   | — |   |   |   | — |   |   |   | (10,204 | ) |   |   | 13.95 |   |
|                               |   |                          |           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Outstanding at end of period       |   |                          |  94,020   |   |                         | $      | 13.95 |   |   |   |  94,020 |   |   | $ | 13.95 |   |   |   |  94,020 |   |   | $ | 13.95 |   |
|                               |   |                          |           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Options exercisable at period-end  |   |                          |  94,020   |   |                         | $      | 13.95 |   |   |   |  94,020 |   |   | $ | 13.95 |   |   |   |  94,020 |   |   | $ | 13.95 |   |

| Number outstanding                                  | 94,020     |
|-----------------------------------------------------|------------|
| Exercise price on all remaining options outstanding | $13.95     |
| Weighted-average remaining contractual life         | 3.25 years |

| Note 5: | Regulatory Matters |
|---------|--------------------|

----

Index

|                    |   | Actual                 |   |   | For Capital AdequacyPurposes |   |   | To Be Well CapitalizedUnder Prompt CorrectiveAction Provisions |   |
|-------------------------|--------|------------------------|--------|--------|------------------------------|--------|--------|----------------------------------------------------------------|--------|
|                    |   | Amount                 |   |   | Ratio                        |   |   | Amount                                                         |   |   | Ratio |   |   | Amount |   |   | Ratio |   |
|                    |   | (Dollars in thousands) |   |
| As of December 31, 2010 |   |                   |   |   |                         |   |   |                                                           |   |   |   |   |   |   |   |   |   |   |
| Tangible capital        |   | $                      | 33,752 |   |                         |   | 8.3    | %                                                              |   | $ | 6,078 |   |   |   | 1.5 | % |   | $ | 20,259 |   |   |   | 5.0 | % |
| Core capital            |   |                   | 33,752 |   |                         |   | 8.3    |                                                           |   |   | 16,207 |   |   |   | 4.0 |   |   |   | 24,311 |   |   |   | 6.0 |   |
| Risk-based capital      |   |                   | 35,999 |   |                         |   | 15.2   |                                                           |   |   | 19,005 |   |   |   | 8.0 |   |   |   | 23,756 |   |   |   | 10.0 |   |
|                    |   |                   |   |   |                         |   |   |                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| As of March 31, 2010    |   |                   |   |   |                         |   |   |                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Tangible capital        |   | $                      | 32,397 |   |                         |   | 8.1    | %                                                              |   | $ | 6,019 |   |   |   | 1.5 | % |   | $ | 20,062 |   |   |   | 5.0 | % |
| Core capital            |   |                   | 32,397 |   |                         |   | 8.1    |                                                           |   |   | 16,050 |   |   |   | 4.0 |   |   |   | 24,075 |   |   |   | 6.0 |   |
| Risk-based capital      |   |                   | 34,685 |   |                         |   | 14.2   |                                                           |   |   | 19,517 |   |   |   | 8.0 |   |   |   | 24,396 |   |   |   | 10.0 |   |
|                    |   |                   |   |   |                         |   |   |                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| Note 6: | Recent Accounting Developments |
|---------|--------------------------------|

----

Index

----

Index

| Note 7: | Securities |
|---------|------------|

|                                                        |   | AmortizedCost  |    |   | GrossUnrealizedGains |   |   | GrossUnrealizedLosses |   |   | ApproximateFair Value |   |
|-------------------------------------------------------------|--------|----------------|---------|--------|----------------------|--------|--------|-----------------------|--------|--------|-----------------------|--------|
|                                                        |   | (In thousands) |    |
| Available-for-sale Securities:                              |   |           |    |   |                 |   |   |                  |   |   |                  |   |
| December 31, 2010:                                          |   |           |    |   |                 |   |   |                  |   |   |                  |   |
| U.S. government agencies                                    |   | $              | 2,074   |   |                 | $      | 70     |                  |   | $      | 1                     |   |   | $ | 2,143 |   |
| Mortgage-backed securities of government sponsored entities |   |           | 98,531  |   |                 |   | 2,691  |                  |   |   | 165                   |   |   |   | 101,057 |   |
| Private-label collateralized mortgage obligations           |   |           | 2,456   |   |                 |   | 44     |                  |   |   | -                     |   |   |   | 2,500 |   |
| State and political subdivisions                            |   |           | 26,135  |   |                 |   | 399    |                  |   |   | 449                   |   |   |   | 26,085 |   |
|                                                        |   |           |    |   |                 |   |   |                  |   |   |                  |   |   |   |   |   |
| Totals                                                      |   | $              | 129,196 |   |                 | $      | 3,204  |                  |   | $      | 615                   |   |   | $ | 131,785 |   |
|                                                        |   |           |    |   |                 |   |   |                  |   |   |                  |   |   |   |   |   |
| March 31, 2010:                                             |   |           |    |   |                 |   |   |                  |   |   |                  |   |   |   |   |   |
| U.S. government agencies                                    |   | $              | 2,489   |   |                 | $      | 122    |                  |   | $      | 1                     |   |   | $ | 2,610 |   |
| Mortgage-backed securities of government sponsored entities |   |           | 90,146  |   |                 |   | 2,938  |                  |   |   | 134                   |   |   |   | 92,950 |   |
| Private-label collateralized mortgage obligations           |   |           | 3,659   |   |                 |   | 8      |                  |   |   | 216                   |   |   |   | 3,451 |   |
| State and political subdivisions                            |   |           | 20,495  |   |                 |   | 464    |                  |   |   | 107                   |   |   |   | 20,852 |   |
|                                                        |   |           |    |   |                 |   |   |                  |   |   |                  |   |   |   |   |   |
| Totals                                                      |   | $              | 116,789 |   |                 | $      | 3,532  |                  |   | $      | 458                   |   |   | $ | 119,863 |   |
|                                                        |   |           |    |   |                 |   |   |                  |   |   |                  |   |   |   |   |   |

----

Index

|                                                        |   | AmortizedCost  |   |   | GrossUnrealizedGains |   |    | GrossUnrealizedLosses |   |   | ApproximateFair Value |   |
|-------------------------------------------------------------|--------|----------------|--------|--------|----------------------|--------|---------|-----------------------|--------|--------|-----------------------|--------|
|                                                        |   | (In thousands) |   |
| Held-to-maturity Securities:                                |   |           |   |   |                 |   |    |                  |   |   |                  |   |
| December 31, 2010:                                          |   |           |   |   |                 |   |    |                  |   |   |                  |   |
| U.S. government agencies                                    |   | $              | 155    |   |                 | $      | – |                  |   | $      | 1                     |   |   | $ | 154 |   |
| Mortgage-backed securities of government sponsored entities |   |           | 428    |   |                 |   | 13      |                  |   |   | –               |   |   |   | 441 |   |
| State and political subdivisions                            |   |           | 21     |   |                 |   | 1       |                  |   |   | –               |   |   |   | 22 |   |
|                                                        |   |           |   |   |                 |   |    |                  |   |   |                  |   |   |   |   |   |
|                                                        |   | $              | 604    |   |                 | $      | 14      |                  |   | $      | 1                     |   |   | $ | 617 |   |
|                                                        |   |           |   |   |                 |   |    |                  |   |   |                  |   |   |   |   |   |
| March 31, 2010:                                             |   |           |   |   |                 |   |    |                  |   |   |                  |   |   |   |   |   |
| U.S. government agencies                                    |   | $              | 162    |   |                 | $      | – |                  |   | $      | 1                     |   |   | $ | 161 |   |
| Mortgage-backed securities of government sponsored entities |   |           | 500    |   |                 |   | 11      |                  |   |   | –               |   |   |   | 511 |   |
| State and political subdivisions                            |   |           | 36     |   |                 |   | 3       |                  |   |   | –               |   |   |   | 39 |   |
|                                                        |   |           |   |   |                 |   |    |                  |   |   |                  |   |   |   |   |   |
|                                                        |   | $              | 698    |   |                 | $      | 14      |                  |   | $      | 1                     |   |   | $ | 711 |   |

----

Index

|                                                        |   | Available-for-sale |    |   | Held-to-maturity |   |
|-------------------------------------------------------------|--------|--------------------|---------|--------|------------------|--------|
|                                                        |   | AmortizedCost      |    |   | FairValue        |   |   | AmortizedCost |   |   | FairValue |   |
|                                                        |   | (In thousands)     |    |
|                                                        |   |               |    |   |             |   |   |   |   |   |   |   |
| One to five years                                           |   | $                  | 2,701   |   |             | $      | 2,771 |   |   | $ | 21 |   |   | $ | 22 |   |
| Five to ten years                                           |   |               | 9,712   |   |             |   | 9,930 |   |   |   | –– |   |   |   | –– |   |
| After ten years                                             |   |               | 15,796  |   |             |   | 15,527 |   |   |   | 155 |   |   |   | 154 |   |
|                                                        |   |               |    |   |             |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   |               | 28,209  |   |             |   | 28,228 |   |   |   | 176 |   |   |   | 176 |   |
|                                                        |   |               |    |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Mortgage-backed securities of government sponsored entities |   |               | 98,531  |   |             |   | 101,057 |   |   |   | 428 |   |   |   | 441 |   |
| Private-label collateralized mortgage obligations           |   |               | 2,456   |   |             |   | 2,500 |   |   |   | — |   |   |   | — |   |
|                                                        |   |               |    |   |             |   |   |   |   |   |   |   |   |   |   |   |
|      Totals                        |   | $                  | 129,196 |   |             | $      | 131,785 |   |   | $ | 604 |   |   | $ | 617 |   |

----

Index

|                                                        |   | December 31, 2010   |    |
|-------------------------------------------------------------|--------|---------------------|---------|
|                                                        |   | Less than 12 Months |    |   | 12 Months or More |   |   | Total |   |
| Description ofSecurities                                    |   | Fair Value          |    |   | UnrealizedLosses |   |   | Fair Value |   |   | UnrealizedLosses |   |   | Fair Value |   |   | UnrealizedLosses |   |
|                                                        |   | (In thousands)      |    |
| U.S. government agencies                                    |   | $                   | — |   |   | $ | — |   |   | $ | 334 |   |   | $ | 2 |   |   | $ | 334 |   |   | $ | 2 |   |
| Mortgage-backed securities of government sponsored entities |   |                | 18,999  |   |   |   | 165 |   |   |   | — |   |   |   | — |   |   |   | 18,999 |   |   |   | 165 |   |
| State and political subdivisions                            |   |                | 12,284  |   |   |   | 425 |   |   |   | 762 |   |   |   | 24 |   |   |   | 13,046 |   |   |   | 449 |   |
| Total temporarily impaired securities                       |   | $                   | 31,283  |   |   | $ | 590 |   |   | $ | 1,096 |   |   | $ | 26 |   |   | $ | 32,379 |   |   | $ | 616 |   |

|                                                        |   | March 31, 2010      |    |
|-------------------------------------------------------------|--------|---------------------|---------|
|                                                        |   | Less than 12 Months |    |   | 12 Months or More |   |   | Total |   |
| Description ofSecurities                                    |   | Fair Value          |    |   | UnrealizedLosses |   |   | Fair Value |   |   | UnrealizedLosses |   |   | Fair Value |   |   | UnrealizedLosses |   |
|                                                        |   | (In thousands)      |    |
| U.S. government agencies                                    |   | $                   | — |   |   | $ | — |   |   | $ | 349 |   |   | $ | 2 |   |   | $ | 349 |   |   | $ | 2 |   |
| Mortgage-backed securities of government sponsored entities |   |                | 21,282  |   |   |   | 134 |   |   |   | — |   |   |   | — |   |   |   | 21,282 |   |   |   | 134 |   |
| Private-label collateralized mortgage obligations           |   |                | 3,129   |   |   |   | 216 |   |   |   | — |   |   |   | — |   |   |   | 3,129 |   |   |   | 216 |   |
| State and political subdivisions                            |   |                | 6,628   |   |   |   |  95 |   |   |   | 433 |   |   |   | 12 |   |   |   | 7,061 |   |   |   |  107 |   |
| Total temporarily impaired securities                       |   | $                   | 31,039  |   |   | $ | 445 |   |   | $ | 782 |   |   | $ | 14 |   |   | $ | 31,821 |   |   | $ | 459 |   |

----

Index

| Note 8: | Fair Value Measurements |
|---------|-------------------------|

|   | Level 1 | Quoted prices in active markets for identical assets or liabilities |
|--------|---------|---------------------------------------------------------------------|

|   | Level 2 | Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level 3 | Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------|

----

Index

|                                                        |   |           |    |   | Fair Value Measurements Using                             |   |
|-------------------------------------------------------------|--------|----------------|---------|--------|-----------------------------------------------------------|--------|
|                                                        |   | Fair Value     |    |   | Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1) |   |   | SignificantOtherObservableInputs(Level 2) |   |   | SignificantUnobservableInputs(Level 3) |   |
|                                                        |   | (In thousands) |    |
|      December 31, 2010             |   |           |    |   |                                                      |   |   |   |   |   |   |   |
| U.S. government agencies                                    |   | $              | 2,143   |   |                                                      | $      | –– |   |   | $ | 2,143 |   |   | $ | –– |   |
| Mortgage-backed securities of government sponsored entities |   |           | 101,057 |   |                                                      |   | –– |   |   |   | 101,057 |   |   |   | –– |   |
| Private-label collateralized mortgage obligations           |   |           | 2,500   |   |                                                      |   | — |   |   |   | 2,500 |   |   |   | — |   |
| State and political subdivisions                            |   |           | 26,085  |   |                                                      |   | –– |   |   |   | 26,085 |   |   |   | –– |   |
|                                                        |   |           |    |   |                                                      |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   |           |    |   |                                                      |   |   |   |   |   |   |   |   |   |   |   |
|       March 31, 2010          |   |           |    |   |                                                      |   |   |   |   |   |   |   |   |   |   |   |
| U.S. government agencies                                    |   | $              | 2,610   |   |                                                      | $      | –– |   |   | $ | 2,610 |   |   | $ | –– |   |
| Mortgage-backed securities of government sponsored entities |   |           | 92,950  |   |                                                      |   | –– |   |   |   | 92,950 |   |   |   | –– |   |
| Private-label collateralized mortgage obligations           |   |           | 3,451   |   |                                                      |   | — |   |   |   | 3,451 |   |   |   | — |   |
| State and political subdivisions                            |   |           | 20,852  |   |                                                      |   | –– |   |   |   | 20,852 |   |   |   | –– |   |
|                                                        |   |           |    |   |                                                      |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   |           |    |   |                                                      |   |   |   |   |   |   |   |   |   |   |   |

----

Index

|                                      |   |           |   |   | Fair Value Measurements Using                             |   |
|-------------------------------------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|
|                                      |   | Fair Value     |   |   | Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1) |   |   | SignificantOtherObservableInputs(Level 2) |   |   | SignificantUnobservableInputs(Level 3) |   |
|                                      |   | (In thousands) |   |
|                                      |   |           |   |   |                                                      |   |   |   |   |   |   |   |
| December 31, 2010 Impaired loans          |   | $              | 2,179  |   |                                                      | $      | –– |   |   | $ | –– |   |   | $ | 2,179 |   |
|     Foreclosed assets |   |           | 2,113  |   |                                                      |   | –– |   |   |   | –– |   |   |   | 2,113 |   |
|                                      |   |           |   |   |                                                      |   |   |   |   |   |   |   |   |   |   |   |
| March 31, 2010 Impaired loans             |   | $              | 3,738  |   |                                                      | $      | –– |   |   | $ | –– |   |   | $ | 3,738 |   |
|     Foreclosed assets |   |           | 2,888  |   |                                                      |   | –– |   |   |   | –– |   |   |   | 2,888 |   |

----

Index

|                                            |   | December 31, 2010 |    |   | March 31, 2010 |   |
|-------------------------------------------------|--------|-------------------|---------|--------|----------------|--------|
|                                            |   | CarryingAmount    |    |   | Fair Value     |   |   | CarryingAmount |   |   | Fair Value |   |
|                                            |   |
|                                            |   | (In thousands)    |    |
| Financial assets                                |   |              |    |   |           |   |   |   |   |   |   |   |
| Cash and cash equivalents                       |   | $                 | 11,800  |   |           | $      | 11,800 |   |   | $ | 9,875 |   |   | $ | 9,875 |   |
| Available-for-sale securities                   |   |              | 131,785 |   |           |   | 131,785 |   |   |   | 119,863 |   |   |   | 119,863 |   |
| Held-to-maturity securities                     |   |              | 604     |   |           |   | 617 |   |   |   | 698 |   |   |   | 711 |   |
| Loans, net of allowance for loan losses         |   |              | 237,866 |   |           |   | 242,014 |   |   |   | 247,006 |   |   |   | 252,806 |   |
| Federal Home Loan Bank stock                    |   |              | 5,025   |   |           |   | 5,025 |   |   |   | 5,025 |   |   |   | 5,025 |   |
| Interest receivable                             |   |              | 1,291   |   |           |   | 1,291 |   |   |   | 1,602 |   |   |   | 1,602 |   |
|                                            |   |              |    |   |           |   |   |   |   |   |   |   |   |   |   |   |
| Financial liabilities                           |   |              |    |   |           |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                        |   |              | 319,983 |   |           |   | 314,198 |   |   |   | 311,934 |   |   |   | 306,778 |   |
| Other short-term borrowings                     |   |              | 7,459   |   |           |   | 7,459 |   |   |   | 7,454 |   |   |   | 7,454 |   |
| Federal Home Loan Bank advances                 |   |              | 39,477  |   |           |   | 40,381 |   |   |   | 45,500 |   |   |   | 46,419 |   |
| Advances from borrowers for taxes and insurance |   |              | 954     |   |           |   | 954 |   |   |   | 539 |   |   |   | 539 |   |
| Interest payable                                |   |              | 128     |   |           |   | 128 |   |   |   | 213 |   |   |   | 213 |   |
|                                            |   |              |    |   |           |   |   |   |   |   |   |   |   |   |   |   |

----

Index

----

Index

|                                                             |   | One-to-fourfamilyresidential |    |   | All othermortgage loans |   |    | CommercialBusinessloans |   |   | Consumerloans |   |   | Unallocated |    |   | Total  |   |
|------------------------------------------------------------------|--------|------------------------------|---------|--------|-------------------------|--------|---------|-------------------------|--------|--------|---------------|--------|--------|-------------|---------|--------|--------|--------|
|                                                             |   | (In thousands)               |    |
| Allowance for loan losses:                                       |   |                         |    |   |                    |   |    |                    |   |   |          |   |   |        |    |   |   |   |
| Balance, beginning of year                                       |   | $                            | 1,140   |   |                    | $      | 1,469   |                    |   | $      | 209           |   |   | $           | 8       |   |   | $      | — |   |   | $ | 2,826 |   |
| Provision charged to expense                                     |   |                         | 164     |   |                    |   | 139     |                    |   |   | 125           |   |   |        | — |   |   |   | 2 |   |   |   | 430 |   |
| Losses charged off                                               |   |                         | (112    | )      |                    |   | (5      | )                       |   |   | (81           | )      |   |        | (1      | )      |   |   |   |   |   |   | (199 | ) |
| Recoveries                                                       |   |                         | 7       |   |                    |   | — |                    |   |   | —       |   |   |        | 1       |   |   |   | — |   |   |   | 8 |   |
| Balance, end of year                                             |   | $                            | 1,199   |   |                    | $      | 1,603   |                    |   | $      | 253           |   |   | $           | 8       |   |   | $      | 2 |   |   | $ | 3,065 |   |
| Ending balance:  individually evaluated for impairment |   | $                            | 35      |   |                    | $      | 746     |                    |   | $      | 37            |   |   | $           | — |   |   | $      | — |   |   | $ | 818 |   |
| Ending balance:  collectively evaluated for impairment |   | $                            | 1,164   |   |                    | $      | 857     |                    |   | $      | 216           |   |   | $           | 8       |   |   | $      | 2 |   |   | $ | 2,247 |   |
|                                                             |   |                         |    |   |                    |   |    |                    |   |   |          |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Loans:                                                           |   |                         |    |   |                    |   |    |                    |   |   |          |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Ending balance (1)                                               |   | $                            | 162,128 |   |                    | $      | 69,330  |                    |   | $      | 8,043         |   |   | $           | 2,618   |   |   |   |   |   |   | $ | 242,119 |   |
| Ending balance:  individually evaluated for impairment |   | $                            | 2,780   |   |                    | $      | 4,593   |                    |   | $      | 126           |   |   | $           | — |   |   |   |   |   |   | $ | 7,499 |   |
| Ending balance:  collectively evaluated for impairment |   | $                            | 159,348 |   |                    | $      | 64,737  |                    |   | $      | 7,917         |   |   | $           | 2,618   |   |   |   |   |   |   | $ | 234,620 |   |

|            |   |                          |    |   |                    |   |
|-----------------|--------|-------------------------------|---------|--------|-------------------------|--------|
|            |   | One-to-four familyresidential |    |   | All other mortgageloans |   |   | Commercial Businessloans |   |   | Consumer loans |   |
|            |   |                          |    |   | (In thousands)          |   |   |   |   |
| Rating: (2)     |   |                          |    |   |                    |   |   |   |   |   |   |   |
| Pass            |   | $                             | 156,184 |   |                    | $      | 57,212 |   |   | $ | 7,654 |   |   | $ | 2,618 |   |
| Special Mention |   |                          | 3,013   |   |                    |   | 8,541 |   |   |   | 299 |   |   |   | — |   |
| Substandard     |   |                          | 2,931   |   |                    |   | 3,577 |   |   |   | 90 |   |   |   | — |   |
|            |   |                          |    |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Total           |   | $                             | 162,128 |   |                    | $      | 69,330 |   |   | $ | 8,043 |   |   | $ | 2,618 |   |

----

Index

|                                                     |   |               |    |
|----------------------------------------------------------|--------|--------------------|---------|
|                                                     |   | 30-59 DaysPast Due |    |   | 60-89 DaysPast Due |   |   | Greater Than90 Days* |   |   | Total PastDue |   |   | Current |   |   | Total LoansReceivable |   |   | Total Loans >90 Days &Accruing |   |
|                                                     |   | (In thousands)     |    |
|                                                     |   |               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| One-to-four family residential loans                     |   | $                  | 1,256   |   |   | $ | 781 |   |   | $ | 1,976 |   |   | $ | 4,013 |   |   | $ | 158,179 |   |   | $ | 162,192 |   |   | $ | — |   |
| All other mortgage loans                                 |   |               | 52      |   |   |   | 658 |   |   |   | 1,389 |   |   |   | 2,099 |   |   |   | 67,057 |   |   |   | 69,156 |   |   |   | — |   |
| Commercial business loans                                |   |               | — |   |   |   | 1 |   |   |   | — |   |   |   | 1 |   |   |   | 8,152 |   |   |   | 8,153 |   |   |   | — |   |
|        Consumer loans |   |               | 37      |   |   |   | — |   |   |   | 21 |   |   |   | 58 |   |   |   | 2,560 |   |   |   |  2,618 |   |   |   | — |   |
|                                                     |   |               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                                    |   | $                  | 1,345   |   |   | $ | 1,440 |   |   | $ | 3,386 |   |   | $ | 6,171 |   |   | $ | 235,948 |   |   | $ | 242,119 |   |   | $ | — |   |
|                                                     |   |               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

Index

|                                         |   |            |   |
|----------------------------------------------|--------|-----------------|--------|
|                                         |   | RecordedBalance |   |   | UnpaidPrincipalBalance |   |   | SpecificAllowance |   |   | AverageInvestment inImpairedLoans |   |   | InterestIncomeRecognized |   |
|                                         |   | (In thousands)  |   |
| Loans without a specific valuation allowance |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| One-to-four family residential loans         |   | $               | 3,119  |   |   | $ | 2,676 |   |   | $ | — |   |   | $ | 1,245 |   |   | $ | 61 |   |
| All other mortgage loans                     |   |            | 1,904  |   |   |   | 1,828 |   |   |   | — |   |   |   | 925 |   |   |   | 20 |   |
| Commercial business loans                    |   |            | 51     |   |   |   | 36 |   |   |   | — |   |   |   | 4 |   |   |   | — |   |
|                                         |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans with a specific valuation allowance    |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| One-to-four family residential loans         |   |            | 126    |   |   |   | 104 |   |   |   | 35 |   |   |   | 35 |   |   |   | 5 |   |
| All other mortgage loans                     |   |            | 3,129  |   |   |   | 2,765 |   |   |   | 746 |   |   |   | 1,880 |   |   |   | 45 |   |
| Commercial business loans                    |   |            | 94     |   |   |   | 90 |   |   |   | 37 |   |   |   | 90 |   |   |   | 3 |   |
|                                         |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total:                                       |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| One-to-four family residential loans         |   | $               | 3,245  |   |   | $ | 2,780 |   |   | $ | 35 |   |   | $ | 1,280 |   |   | $ | 66 |   |
| All other mortgage loans                     |   | $               | 5,033  |   |   | $ | 4,593 |   |   |   | 746 |   |   | $ | 2,805 |   |   | $ | 65 |   |
| Commercial business loans                    |   | $               | 145    |   |   | $ | 126 |   |   | $ | 37 |   |   | $ | 94 |   |   | $ | 3 |   |

----

Index

F

----

Index

|                                |   | December 31, 2010      |    |   | March 31, 2010 |   |
|-------------------------------------|--------|------------------------|---------|--------|----------------|--------|
|                                |   | (Dollars in thousands) |    |
| Mortgage loans:                     |   |                   |    |   |           |   |   |   |   |   |   |   |
| One-to-four family residential(1)   |   | $                      | 162,018 |   |           |   | 66.92 | % |   | $ | 159,140 |   |   |   | 62.96 | % |
| Residential construction loans      |   |                   | 110     |   |           |   | 0.05 |   |   |   | 2,097 |   |   |   | 0.83 |   |
| Multi-family residential            |   |                   | 8,377   |   |           |   | 3.46 |   |   |   | 9,010 |   |   |   | 3.56 |   |
| Non-residential real estate/land(2) |   |                   | 60,953  |   |           |   | 25.17 |   |   |   | 70,167 |   |   |   | 27.76 |   |
| Total mortgage loans                |   |                   | 231,458 |   |           |   | 95.60 |   |   |   | 240,415 |   |   |   | 95.11 |   |
| Other loans:                        |   |                   |    |   |           |   |   |   |   |   |   |   |   |   |   |   |
| Consumer loans(3)                   |   |                   | 2,618   |   |           |   | 1.08 |   |   |   | 3,402 |   |   |   | 1.35 |   |
| Commercial business loans           |   |                   | 8,043   |   |           |   | 3.32 |   |   |   | 8,943 |   |   |   | 3.54 |   |
| Total other loans                   |   |                   | 10,661  |   |           |   | 4.40 |   |   |   | 12,345 |   |   |   | 4.89 |   |
| Total loans before net items        |   |                   | 242,119 |   |           |   | 100.00 | % |   |   | 252,760 |   |   |   | 100.00 | % |
| Less:                               |   |                   |    |   |           |   |   |   |   |   |   |   |   |   |   |   |
| Loans in process                    |   |                   | 769     |   |           |   |   |   |   |   | 2,507 |   |   |   |   |   |
| Deferred loan origination fees      |   |                   | 419     |   |           |   |   |   |   |   | 421 |   |   |   |   |   |
| Allowance for loan losses           |   |                   | 3,065   |   |           |   |   |   |   |   | 2,826 |   |   |   |   |   |
| Total loans receivable, net         |   | $                      | 237,866 |   |           |   |   |   |   | $ | 247,006 |   |   |   |   |   |
| Mortgage-backed securities, net(4)  |   | $                      | 103,985 |   |           |   |   |   |   | $ | 96,901 |   |   |   |   |   |

| (1) | Includes equity loans collateralized by second mortgages in the aggregate amount of $16.1 million at December 31, 2010, and $16.5 million at March 31, 2010.  Such loans have been underwritten on substantially the same basis as the Company’s first mortgage loans. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes land loans of $2.9 million and $2.7 million at December 31, 2010 and  March 31, 2010, respectively. |
|-----|------------------------------------------------------------------------------------------------------------------------|

| (3) | Includes second mortgage loans of $1.1 million for both  December 31, 2010 and  March 31, 2010. |
|-----|---------------------------------------------------------------------------------------------------------------------|

| (4) | Includes mortgage-backed securities and collateralized mortgage obligations designated as available-for-sale. |
|-----|---------------------------------------------------------------------------------------------------------------|

----

Index

|                                                            |   | December 31,2010       |    |   | March 31,2010 |   |
|-----------------------------------------------------------------|--------|------------------------|---------|--------|---------------|--------|
|                                                            |   | (Dollars in thousands) |    |
| Past due loans 30-89 days:                                      |   |                   |    |   |          |   |
| Mortgage loans:                                                 |   |                   |    |   |          |   |
| One-to-four family residential                                  |   | $                      | 2,037   |   |          | $      | 260 |   |
| All other mortgage loans                                        |   |                   | 710     |   |          |   | 3,255 |   |
| Non-mortgage loans:                                             |   |                   |    |   |          |   |   |   |
| Commercial business loans                                       |   |                   | 1       |   |          |   | — |   |
| Consumer loans                                                  |   |                   | 37      |   |          |   | — |   |
|                                                            |   | $                      | 2,785   |   |          | $      | 3,515 |   |
|                                                            |   |                   |    |   |          |   |   |   |
| Non-performing loans:                                           |   |                   |    |   |          |   |   |   |
| Mortgage loans:                                                 |   |                   |    |   |          |   |   |   |
| One-to-four family residential                                  |   | $                      | 2,843   |   |          | $      | 2,805 |   |
| All other mortgage loans                                        |   |                   | 1,389   |   |          |   | 1,511 |   |
| Non-mortgage loans:                                             |   |                   |    |   |          |   |   |   |
| Commercial business loans                                       |   |                   | — |   |          |   | — |   |
| Consumer                                                        |   |                   | 4       |   |          |   | 3 |   |
|  Total non-performing loans(1)                             |   |                   | 4,236   |   |          |   | 4,319 |   |
| Loans deemed impaired(2)                                        |   |                   | 4,901   |   |          |   | 2,185 |   |
| Total non-performing and impaired loans                         |   |                   | 9,137   |   |          |   | 6,504 |   |
| Total foreclosed assets held for sale                           |   |                   | 2,675   |   |          |   | 2,888 |   |
| Total non-performing and impaired assets                        |   | $                      | 11,812  |   |          | $      | 9,392 |   |
|                                                            |   |                   |    |   |          |   |   |   |
|                                                            |   |                   |    |   |          |   |   |   |
| Total non-performing and impaired loans to net loans receivable |   |                   | 3.84    | %      |          |   | 2.63 | % |
| Total non-performing and impaired loans to total assets         |   |                   | 2.23    | %      |          |   | 1.60 | % |
| Total non-performing and impaired assets to total assets        |   |                   | 2.88    | %      |          |   | 2.31 | % |

|   | (1) | Nonperforming loans include $2.6  million and $1.4 million which are deemed impaired at December 31, 2010 and March 31, 2010, respectively. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Includes loans deemed impaired of $2.3 million at December 31, 2010, and $778,000 at March 31, 2010, that were performing as of these respective dates. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Index

|                                                                               |   | For the ninemonths endedDecember 31,2010 |    |   | For theyear endedMarch 31,2010 |   |
|------------------------------------------------------------------------------------|--------|------------------------------------------|---------|--------|--------------------------------|--------|
|                                                                               |   |                                     |    |   |                           |   |
|                                                                               |   | (Dollars in thousands)                   |    |
|                                                                               |   |                                     |    |   |                           |   |
| Loans receivable, gross                                                            |   | $                                        | 240,931 |   |                           | $      | 249,832 |   |
| Average loans receivable, net                                                      |   | $                                        | 241,863 |   |                           | $      | 252,020 |   |
| Allowance balance (at beginning of period)                                         |   | $                                        | 2,826   |   |                           | $      | 2,484 |   |
| Provision for losses                                                               |   |                                     | 430     |   |                           |   | 1,643 |   |
| Charge-offs:                                                                       |   |                                     |    |   |                           |   |   |   |
| Mortgage loans:                                                                    |   |                                     |    |   |                           |   |   |   |
| One-to-four family                                                                 |   |                                     | (111    | )      |                           |   | (452 | ) |
| Non-residential real estate and land                                               |   |                                     | (5      | )      |                           |   | (830 | ) |
| Other loans:                                                                       |   |                                     |    |   |                           |   |   |   |
| Consumer                                                                           |   |                                     | (2      | )      |                           |   | — |   |
| Commercial                                                                         |   |                                     | (81     | )      |                           |   | (148 | ) |
| Gross charge-offs                                                                  |   |                                     | (199    | )      |                           |   | (1,330 | ) |
| Recoveries:                                                                        |   |                                     |    |   |                           |   |   |   |
| Mortgage                                                                           |   |                                     | 7       |   |                           |   | 28 |   |
| Consumer                                                                           |   |                                     | 1       |   |                           |   | 1 |   |
|        Gross recoveries                         |   |                                     | 8       |   |                           |   | 29 |   |
| Net charge-offs                                                                    |   |                                     | (191    | )      |                           |   | (1,301 | ) |
|                                                                               |   |                                     |    |   |                           |   |   |   |
| Allowance for loan losses balance at end of period)                           |   | $                                        | 3,065   |   |                           | $      | 2,826 |   |
| Allowance for loan losses as a percent of loans receivable, gross at end of period |   |                                     | 1.27    | %      |                           |   | 1.13 | % |
| Net loans charged off as a percent of average loans receivable, net                |   |                                     | 0.08    | %      |                           |   | 0.52 | % |
| Ratio of allowance for loan losses to non-performing loans at end of period        |   |                                     | 72.36   | %      |                           |   | 65.43 | % |

----

Index

----

Index

|                                                                                        |   | For the three months ended December 31, |    |
|---------------------------------------------------------------------------------------------|--------|-----------------------------------------|---------|
|                                                                                        |   | 2010                                    |    |   | 2009 |   |
|                                                                                        |   | AverageBalance                          |    |   | Interest |   |   | AverageRate |   |   | AverageBalance |   | Interest |   | AverageRate |   |
|                                                                                        |   | (Dollars in thousands)                  |    |
| Interest-earning assets:                                                                    |   |                                    |    |
| Loans receivable, net(1)                                                                    |   | $                                       | 238,321 |   |   | $ | 3,244 |   |   |   | 5.44 | % |   | $ | 252,656 |   |   | $ | 3,581 |   |   |   | 5.67 | % |
| Investment securities(2)                                                                    |   |                                    | 131,566 |   |   |   | 1,084 |   |   |   | 3.30 |   |   |   | 112,270 |   |   |   | 1,351 |   |   |   | 4.81 |   |
| Interest-earning deposits(3)                                                                |   |                                    | 14,910  |   |   |   | 53 |   |   |   | 1.42 |   |   |   | 13,119 |   |   |   | 57 |   |   |   | 1.74 |   |
| Total interest-earning assets                                                               |   |                                    | 384,797 |   |   |   | 4,381 |   |   |   | 4.55 |   |   |   | 378,045 |   |   |   | 4,989 |   |   |   | 5.28 |   |
| Noninterest-earning assets                                                                  |   |                                    | 25,307  |   |   |   |   |   |   |   |   |   |   |   | 22,772 |   |   |   |   |   |   |   |   |   |
|                                                                                        |   |                                    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Total assets                                                              |   | $                                       | 410,104 |   |   |   |   |   |   |   |   |   |   | $ | 400,817 |   |   |   |   |   |   |   |   |   |
|                                                                                        |   |                                    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                                               |   |                                    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                                                                    |   | $                                       | 318,396 |   |   | $ | 903 |   |   |   | 1.13 | % |   | $ | 306,125 |   |   | $ | 1,099 |   |   |   | 1.44 | % |
| Other short-term borrowings                                                                 |   |                                    | 7,734   |   |   |   | 7 |   |   |   | 0.36 |   |   |   | 7,008 |   |   |   | 7 |   |   |   | 0.40 |   |
| Borrowings                                                                                  |   |                                    | 40,100  |   |   |   | 338 |   |   |   | 3.37 |   |   |   | 45,938 |   |   |   | 443 |   |   |   | 3.86 |   |
|    Total interest-bearing liabilities                                        |   |                                    | 366,230 |   |   |   | 1,248 |   |   |   | 1.36 |   |   |   | 359,071 |   |   |   | 1,549 |   |   |   | 1.73 |   |
|                                                                                        |   |                                    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest bearing  liabilities                                                  |   |                                    | 5,283   |   |   |   |   |   |   |   |   |   |   |   | 5,010 |   |   |   |   |   |   |   |   |   |
|   Total liabilities                                                               |   |                                    | 371,513 |   |   |   |   |   |   |   |   |   |   |   | 364,081 |   |   |   |   |   |   |   |   |   |
|   Stockholders’ equity                                                      |   |                                    | 38,591  |   |   |   |   |   |   |   |   |   |   |   | 36,736 |   |   |   |   |   |   |   |   |   |
|      Total liabilities and stockholders’ equity              |   | $                                       | 410,104 |   |   |   |   |   |   |   |   |   |   | $ | 400,817 |   |   |   |   |   |   |   |   |   |
| Net interest income                                                                         |   |                                    |    |   |   | $ | 3,133 |   |   |   |   |   |   |   |   |   |   | $ | 3,440 |   |   |   |   |   |
| Interest rate spread(4)                                                                     |   |                                    |    |   |   |   |   |   |   |   | 3.19 | % |   |   |   |   |   |   |   |   |   |   | 3.55 | % |
| Net yield on interest-earning assets(5)                                                     |   |                                    |    |   |   |   |   |   |   |   | 3.26 | % |   |   |   |   |   |   |   |   |   |   | 3.64 | % |
| Ratio of average interest-earning assets to average  interest-bearing liabilities |   |                                    |    |   |   |   |   |   |   |   | 105.07 | % |   |   |   |   |   |   |   |   |   |   | 105.28 | % |

----

Index

----

Index

----

Index

----

Index

|                                                                                        |   | For the nine months ended December 31, |    |
|---------------------------------------------------------------------------------------------|--------|----------------------------------------|---------|
|                                                                                        |   | 2010                                   |    |   | 2009 |   |
|                                                                                        |   | AverageBalance                         |    |   | Interest |   |   | AverageRate |   |   | AverageBalance |   | Interest |   | AverageRate |   |
|                                                                                        |   | (Dollars in thousands)                 |    |
| Interest-earning assets:                                                                    |   |                                   |    |
| Loans receivable, net(1)                                                                    |   | $                                      | 241,863 |   |   | $ | 10,007 |   |   |   | 5.52 | % |   | $ | 252,698 |   |   | $ | 10,895 |   |   |   | 5.75 | % |
| Investment securities(2)                                                                    |   |                                   | 128,471 |   |   |   | 3,514 |   |   |   | 3.65 |   |   |   | 114,161 |   |   |   | 4,132 |   |   |   | 4.83 |   |
| Interest-earning deposits(3)                                                                |   |                                   | 13,936  |   |   |   | 168 |   |   |   | 1.61 |   |   |   | 13,075 |   |   |   | 179 |   |   |   | 1.83 |   |
| Total interest-earning assets                                                               |   |                                   | 384,270 |   |   |   | 13,689 |   |   |   | 4.75 |   |   |   | 379,934 |   |   |   | 15,206 |   |   |   | 5.34 |   |
| Noninterest-earning assets                                                                  |   |                                   | 25,270  |   |   |   |   |   |   |   |   |   |   |   | 23,059 |   |   |   |   |   |   |   |   |   |
|                                                                                        |   |                                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Total assets                                                              |   | $                                      | 409,540 |   |   |   |   |   |   |   |   |   |   | $ | 402,993 |   |   |   |   |   |   |   |   |   |
|                                                                                        |   |                                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                                               |   |                                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                                                                    |   | $                                      | 316,316 |   |   | $ | 2,873 |   |   |   | 1.21 | % |   | $ | 306,807 |   |   | $ | 3,720 |   |   |   | 1.62 | % |
| Other short-term borrowings                                                                 |   |                                   | 7,496   |   |   |   | 22 |   |   |   | 0.39 |   |   |   | 8,573 |   |   |   | 26 |   |   |   | 0.40 |   |
| Borrowings                                                                                  |   |                                   | 42,915  |   |   |   | 1,155 |   |   |   | 3.59 |   |   |   | 47,044 |   |   |   | 1,438 |   |   |   | 4.08 |   |
|    Total interest-bearing liabilities                                        |   |                                   | 366,727 |   |   |   | 4,050 |   |   |   | 1.47 |   |   |   | 362,424 |   |   |   | 5,184 |   |   |   | 1.91 |   |
|                                                                                        |   |                                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest bearing  liabilities                                                  |   |                                   | 4,533   |   |   |   |   |   |   |   |   |   |   |   | 4,537 |   |   |   |   |   |   |   |   |   |
|   Total liabilities                                                               |   |                                   | 371,260 |   |   |   |   |   |   |   |   |   |   |   | 366,961 |   |   |   |   |   |   |   |   |   |
|   Stockholders’ equity                                                      |   |                                   | 38,280  |   |   |   |   |   |   |   |   |   |   |   | 36,032 |   |   |   |   |   |   |   |   |   |
|      Total liabilities and stockholders’ equity              |   | $                                      | 409,540 |   |   |   |   |   |   |   |   |   |   | $ | 402,993 |   |   |   |   |   |   |   |   |   |
| Net interest income                                                                         |   |                                   |    |   |   | $ | 9,639 |   |   |   |   |   |   |   |   |   |   | $ | 10,022 |   |   |   |   |   |
| Interest rate spread(4)                                                                     |   |                                   |    |   |   |   |   |   |   |   | 3.28 | % |   |   |   |   |   |   |   |   |   |   | 3.43 | % |
| Net yield on interest-earning assets(5)                                                     |   |                                   |    |   |   |   |   |   |   |   | 3.34 | % |   |   |   |   |   |   |   |   |   |   | 3.52 | % |
| Ratio of average interest-earning assets to average  interest-bearing liabilities |   |                                   |    |   |   |   |   |   |   |   | 104.78 | % |   |   |   |   |   |   |   |   |   |   | 104.83 | % |

----

Index

----

Index

----

Index

----

Index

----

Index

T

T

----

Index

R

M

M

M

|   | (c) | Not applicable. |
|--------|-----|-----------------|

M

M

M

----

Index

M

|   |   | EX-31.1 | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350                                           |
|--------|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |    |                                                                                                                                                                 |
|   |   | EX-31.2 | Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350                                           |
|   |   |    |                                                                                                                                                                 |
|   |   | EX-32   | Written Statement of Chief Executive Officer and Chief Financial Officer furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350 |

----

Index

T

| Date:  |  February 8, 2011 |   | By: /s/Rod C. Steiger                 |
|--------|------------------------|--------|---------------------------------------|
|   |                   |   | Rod C. Steiger                        |
|   |                   |   | President and Chief Executive Officer |
|   |                   |   |                                  |
|   |                   |   |                                  |
|   |                   |   |                                  |
| Date:  |  February 8, 2011 |   | By: /s/H. Stewart Fitz Gibbon III     |
|   |                   |   | H. Stewart Fitz Gibbon III            |
|   |                   |   | Executive Vice President and          |
|   |                   |   | Chief Financial Officer               |