| ý | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE EXCHANGE ACT |
|--------|-----------------------------------------------------------------------|

| United States                                                  | 02-0783010                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |

----

d

|                                     |     |                                                                                                              | Page No. |
|------------------------------------------|----------|-------------------------------------------------------------------------------------------------------------------|----------|
|                                     |     |                                                                                                              |     |
| PART I.  FINANCIAL INFORMATION |     |
|                                     |     |                                                                                                              |     |
|                                     | Item 1.  | Financial Statements                                                                                              |     |
|                                     |     |                                                                                                              |     |
|                                     |     | Consolidated Balance Sheets at June 30, 2009 and December 31, 2008 (Unaudited)                                    | 2        |
|                                     |     |                                                                                                              |     |
|                                     |     | Consolidated Statements of Income for the three and six months ended June 30, 2009 and 2008 (Unaudited)           | 3        |
|                                     |     |                                                                                                              |     |
|                                     |     | Consolidated Statements of Stockholders’ Equity for the six months ended June 30, 2009 and 2008 (Unaudited) | 4        |
|                                     |     |                                                                                                              |     |
|                                     |     | Consolidated Statements of Cash Flows for the six months ended June 30, 2009 and 2008 (Unaudited)                 | 5        |
|                                     |     |                                                                                                              |     |
|                                     |     | Notes to Unaudited Consolidated Financial Statements                                                              | 6        |
|                                     |     |                                                                                                              |     |
|                                     | Item 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                       | 15       |
|                                     |     |                                                                                                              |     |
|                                     | Item 3.  | Quantitative and Qualitative Disclosures About Market Risk                                                        | 24       |
|                                     |     |                                                                                                              |     |
|                                     | Item 4T. | Controls and Procedures                                                                                           | 24       |
|                                     |     |                                                                                                              |     |
| PART II.  OTHER INFORMATION    |     |
|                                     |     |                                                                                                              |     |
|                                     | Item 1.  | Legal Proceedings                                                                                                 | 25       |
|                                     |     |                                                                                                              |     |
|                                     | Item 1A. | Risk Factors                                                                                                      | 25       |
|                                     |     |                                                                                                              |     |
|                                     | Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                                                       | 25       |
|                                     |     |                                                                                                              |     |
|                                     | Item 3.  | Defaults upon Senior Securities                                                                                   | 25       |
|                                     |     |                                                                                                              |     |
|                                     | Item 4.  | Submission of Matters to a Vote of Security Holders                                                               | 25       |
|                                     |     |                                                                                                              |     |
|                                     | Item 5.  | Other Information                                                                                                 | 25       |
|                                     |     |                                                                                                              |     |
|                                     | Item 6.  | Exhibits                                                                                                          | 25       |
|                                     |     |                                                                                                              |     |
| Signatures                               |     |

----

A

t

o

|                                                                                                          |   | June 30,                                      |    |   | December 31, |   |
|---------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|---------|--------|--------------|--------|
|                                                                                                          |   | 2009                                          |    |   | 2008         |   |
|                                                                                                          |   | (Dollars in Thousands,Except Share Data) |    |
| Assets                                                                                                        |   |
| Cash and due from banks                                                                                       |   | $                                             | 6,296   |   |         | $      | 2,915 |   |
| Interest earning demand deposits with banks                                                                   |   |                                          | 447     |   |         |   | 288 |   |
| Cash and cash equivalents                                                                                     |   |                                          | 6,743   |   |         |   | 3,203 |   |
|                                                                                                          |   |                                          |    |   |         |   |   |   |
| Securities available for sale                                                                                 |   |                                          | 1,004   |   |         |   | 1,002 |   |
| Securities held to maturity (fair value at June 30, 2009 $1,405; and at December 31, 2008 $1,530)             |   |                                          | 1,369   |   |         |   | 1,509 |   |
| Loans held for sale                                                                                           |   |                                          | 1,728   |   |         |   | 106 |   |
| Loans receivable, net of allowance for loan losses (at June 30, 2009 $1,594; and at December 31, 2008 $1,347) |   |                                          | 134,090 |   |         |   | 137,868 |   |
| Premises and equipment, net                                                                                   |   |                                          | 4,146   |   |         |   | 4,087 |   |
| Restricted investments in bank stocks, at cost                                                                |   |                                          | 326     |   |         |   | 395 |   |
| Foreclosed real estate                                                                                        |   |                                          | 949     |   |         |   | - |   |
| Accrued interest receivable and other assets                                                                  |   |                                          | 2,265   |   |         |   | 2,199 |   |
|                                                                                                          |   |                                          |    |   |         |   |   |   |
| Total Assets                                                                                                  |   | $                                             | 152,620 |   |         | $      | 150,369 |   |

| Liabilities                                                                             |   |   |    |   |   |   |
|-----------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
| Deposits:                                                                               |   |   |    |   |   |   |
| Non-interest bearing                                                                    |   | $      | 19,347  |   |   | $      | 16,947 |   |
| Interest bearing                                                                        |   |   | 111,989 |   |   |   | 107,792 |   |
| Total Deposits                                                                          |   |   | 131,336 |   |   |   | 124,739 |   |
|                                                                                    |   |   |    |   |   |   |   |   |
| Federal Home Loan Bank advances                                                         |   |   | -       |   |   |   | 4,375 |   |
| Advances from borrowers for taxes and insurance                                         |   |   | 927     |   |   |   | 708 |   |
| Accrued interest payable                                                                |   |   | 37      |   |   |   | 143 |   |
| Other liabilities                                                                       |   |   | 1,330   |   |   |   | 1,610 |   |
| Total Liabilities                                                                       |   |   | 133,630 |   |   |   | 131,575 |   |
|                                                                                    |   |   |    |   |   |   |   |   |
| Commitments and Contingencies                                                           |   |   | -       |   |   |   | - |   |
|                                                                                    |   |   |    |   |   |   |   |   |
| Stockholders’ Equity                                                              |   |   |    |   |   |   |   |   |
| Preferred stock, $0.01 par value; 3,000,000 shares authorized and unissued              |   |   | -       |   |   |   | - |   |
| Common stock, $0.01 par value; 7,000,000 shares authorized; 2,380,500 shares issued     |   |   | 24      |   |   |   | 24 |   |
| Paid-in capital                                                                         |   |   | 10,099  |   |   |   | 10,112 |   |
| Retained earnings                                                                       |   |   | 9,996   |   |   |   | 9,787 |   |
| Unearned ESOP shares, at cost                                                           |   |   | (817    | )      |   |   | (840 | ) |
| Treasury stock, at cost, 53,561 shares at June 30, 2009 and 46,500 at December 31, 2008 |   |   | (311    | )      |   |   | (284 | ) |
| Accumulated other comprehensive loss                                                    |   |   | (1      | )      |   |   | (5 | ) |
| Total Stockholders’ Equity                                                        |   |   | 18,990  |   |   |   | 18,794 |   |
|                                                                                    |   |   |    |   |   |   |   |   |
| Total Liabilities and Stockholders’ Equity                                        |   | $      | 152,620 |   |   | $      | 150,369 |   |

----

d

|                                                               |   | Three Months Ended June 30,                   |   |   | Six Months Ended June 30, |   |
|--------------------------------------------------------------------|--------|-----------------------------------------------|--------|--------|---------------------------|--------|
|                                                               |   | 2009                                          |   |   | 2008                      |   |   | 2009 |   |   | 2008 |   |
|                                                               |   | (Dollars in thousands, except per share data) |   |
| Interest Income                                                    |   |                                          |   |   |                      |   |   |   |   |   |   |   |
| Loans receivable, including fees                                   |   | $                                             | 2,051  |   |                      | $      | 2,101 |   |   | $ | 4,173 |   |   | $ | 4,233 |   |
| Securities, taxable                                                |   |                                          | 18     |   |                      |   | 29 |   |   |   | 39 |   |   |   | 59 |   |
| Other                                                              |   |                                          | 8      |   |                      |   | 19 |   |   |   | 11 |   |   |   | 39 |   |
| Total Interest Income                                              |   |                                          | 2,077  |   |                      |   | 2,149 |   |   |   | 4,223 |   |   |   | 4,331 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Interest Expense                                                   |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                                           |   |                                          | 528    |   |                      |   | 551 |   |   |   | 1,091 |   |   |   | 1,282 |   |
| Federal Home Loan Bank advances                                    |   |                                          | 2      |   |                      |   | 17 |   |   |   | 20 |   |   |   | 21 |   |
| Total Interest Expense                                             |   |                                          | 530    |   |                      |   | 568 |   |   |   | 1,111 |   |   |   | 1,303 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                                                |   |                                          | 1,547  |   |                      |   | 1,581 |   |   |   | 3,112 |   |   |   | 3,028 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Loan Losses                                          |   |                                          | 158    |   |                      |   | 74 |   |   |   | 318 |   |   |   | 100 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income after Provision for Loan Losses                |   |                                          | 1,389  |   |                      |   | 1,507 |   |   |   | 2,794 |   |   |   | 2,928 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest Income                                                |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Banking fees and service charges                                   |   |                                          | 278    |   |                      |   | 280 |   |   |   | 518 |   |   |   | 537 |   |
| Mortgage banking income, net                                       |   |                                          | 295    |   |                      |   | 74 |   |   |   | 561 |   |   |   | 167 |   |
| Investment brokerage fees                                          |   |                                          | 17     |   |                      |   | 16 |   |   |   | 34 |   |   |   | 33 |   |
| Other                                                              |   |                                          | 20     |   |                      |   | 90 |   |   |   | 48 |   |   |   | 106 |   |
| Total Non-interest Income                                          |   |                                          | 610    |   |                      |   | 460 |   |   |   | 1,161 |   |   |   | 843 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest Expenses                                              |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Salaries and employee benefits                                     |   |                                          | 1,032  |   |                      |   | 965 |   |   |   | 2,018 |   |   |   | 1,887 |   |
| Occupancy and equipment                                            |   |                                          | 181    |   |                      |   | 177 |   |   |   | 382 |   |   |   | 357 |   |
| Professional fees                                                  |   |                                          | 89     |   |                      |   | 121 |   |   |   | 161 |   |   |   | 184 |   |
| Advertising and marketing                                          |   |                                          | 30     |   |                      |   | 57 |   |   |   | 55 |   |   |   | 113 |   |
| Data processing                                                    |   |                                          | 145    |   |                      |   | 137 |   |   |   | 290 |   |   |   | 265 |   |
| Telephone and postage                                              |   |                                          | 52     |   |                      |   | 51 |   |   |   | 103 |   |   |   | 91 |   |
| FDIC premium                                                       |   |                                          | 195    |   |                      |   | 17 |   |   |   | 219 |   |   |   | 31 |   |
| Other                                                              |   |                                          | 173    |   |                      |   | 121 |   |   |   | 310 |   |   |   | 265 |   |
| Total Non-interest Expenses                                        |   |                                          | 1,897  |   |                      |   | 1,646 |   |   |   | 3,538 |   |   |   | 3,193 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Income before Income Taxes                                         |   |                                          | 102    |   |                      |   | 321 |   |   |   | 417 |   |   |   | 578 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Income Tax Expense                                                 |   |                                          | 40     |   |                      |   | 119 |   |   |   | 162 |   |   |   | 219 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Net Income                                                         |   | $                                             | 62     |   |                      | $      | 202 |   |   | $ | 255 |   |   | $ | 359 |   |
|                                                               |   |                                          |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Net Income per common share- basic                                 |   | $                                             | 0.03   |   |                      | $      | 0.09 |   |   | $ | 0.11 |   |   | $ | 0.16 |   |
| Weighted average number of common shares outstanding – basic |   |                                          | 2,244  |   |                      |   | 2,293 |   |   |   | 2,246 |   |   |   | 2,292 |   |
| Dividends per share                                                |   | $                                             | 0.02   |   |                      |   | - |   |   | $ | 0.02 |   |   |   | - |   |

----

f

|                                                |   | CommonStock |   |   | Paid-InCapital |   |   | RetainedEarnings |   |   | UnearnedESOPShares |   |   | Treasury Stock |   |   | AccumulatedOtherComprehensiveLoss |   |   | Total  |   |
|-----------------------------------------------------|--------|-------------|--------|--------|----------------|--------|--------|------------------|--------|--------|--------------------|--------|--------|----------------|--------|--------|-----------------------------------|--------|--------|--------|--------|
| Balance - December 31, 2007                         |   | $           | 24     |   |           | $      | 10,129 |             |   | $      | 9,222              |   |   | $              | (886   | )      |                              | $      | -      |   |   | $ | (9 | ) |   | $ | 18,480 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income:                               |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Net income                                          |   |        | -      |   |           |   | -      |             |   |   | 359                |   |   |           | -      |   |                              |   | -      |   |   |   | - |   |   |   | 359 |   |
| Other comprehensive income, net of tax              |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |           | -      |   |                              |   | -      |   |   |   | 5 |   |   |   | 5 |   |
| Total Comprehensive Income                          |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   | 364 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| ESOP shares committed to be released (2,333 shares) |   |        | -      |   |           |   | (7     | )                |   |   | -                  |   |   |           | 23     |   |                              |   | -      |   |   |   | - |   |   |   | 16 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Balance - June 30, 2008                             |   | $           | 24     |   |           | $      | 10,122 |             |   | $      | 9,581              |   |   | $              | (863   | )      |                              | $      | -      |   |   | $ | (4 | ) |   | $ | 18,860 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Balance - December 31, 2008                         |   | $           | 24     |   |           | $      | 10,112 |             |   | $      | 9,787              |   |   | $              | (840   | )      |                              | $      | (284   | )      |   | $ | (5 | ) |   | $ | 18,794 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income:                               |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Net income                                          |   |        | -      |   |           |   | -      |             |   |   | 255                |   |   |           | -      |   |                              |   | -      |   |   |   | - |   |   |   | 255 |   |
| Other comprehensive income, net of tax              |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |           | -      |   |                              |   | -      |   |   |   | 4 |   |   |   | 4 |   |
| Total Comprehensive Income                          |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   | 259 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Treasury stock purchase (7,061 shares)              |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |           | -      |   |                              |   | (27    | )      |   |   | - |   |   |   | (27 | ) |
| Cash dividends declared ($0.02 per share)           |   |        |   |   |           |   |   |             |   |   | (46                | )      |   |           |   |   |                              |   |   |   |   |   |   |   |   |   | (46 | ) |
| ESOP shares committed to be released (2,333 shares) |   |        | -      |   |           |   | (13    | )                |   |   | -                  |   |   |           | 23     |   |                              |   | -      |   |   |   | - |   |   |   | 10 |   |
|                                                |   |        |   |   |           |   |   |             |   |   |               |   |   |           |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Balance - June 30, 2009                             |   | $           | 24     |   |           | $      | 10,099 |             |   | $      | 9,996              |   |   | $              | (817   | )      |                              | $      | (311   | )      |   | $ | (1 | ) |   | $ | 18,990 |   |

----

n

|                                                                              |   | Six Months Ended June 30, |    |
|-----------------------------------------------------------------------------------|--------|---------------------------|---------|
|                                                                              |   | 2009                      |    |   | 2008 |   |
|                                                                              |   | (In Thousands)            |    |
| Cash Flows from Operating Activities                                              |   |                      |    |   |   |   |
| Net income                                                                        |   | $                         | 255     |   |   | $ | 359 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |                      |    |   |   |   |   |   |
| Depreciation and amortization expense                                             |   |                      | 137     |   |   |   | 119 |   |
| Provision for loan losses                                                         |   |                      | 318     |   |   |   | 100 |   |
| Amortization of mortgage servicing rights                                         |   |                      | 97      |   |   |   | 76 |   |
| Net accretion of securities premiums and discounts                                |   |                      | (2      | ) |   |   | (1 | ) |
| Net gain on sale of loans                                                         |   |                      | (384    | ) |   |   | (63 | ) |
| Loans originated for sale                                                         |   |                      | (28,581 | ) |   |   | (6,672 | ) |
| Proceeds from sale of loans                                                       |   |                      | 27,343  |   |   |   | 7,263 |   |
|      ESOP expense                                        |   |                      | 10      |   |   |   | 16 |   |
| Increase in accrued interest receivable and other assets                          |   |                      | (165    | ) |   |   | (392 | ) |
| Decrease in accrued interest payable and other liabilities                        |   |                      | (384    | ) |   |   | (234 | ) |
| Net Cash Provided (Used) by Operating Activities                                  |   |                      | (1,356  | ) |   |   | 571 |   |
|                                                                              |   |                      |    |   |   |   |   |   |
| Cash Flows from Investing Activities                                              |   |                      |    |   |   |   |   |   |
| Activity in held to maturity securities:                                          |   |                      |    |   |   |   |   |   |
|      Purchases                                           |   |                      | (750    | ) |   |   | - |   |
| Maturities, calls and principal repayments                                        |   |                      | 894     |   |   |   | 174 |   |
| Net (increase) decrease in loans receivable                                       |   |                      | 2,511   |   |   |   | (5,931 | ) |
| Net (increase) decrease in restricted investment in bank stocks                   |   |                      | 69      |   |   |   | (184 | ) |
| Purchases of bank premises and equipment                                          |   |                      | (196    | ) |   |   | (57 | ) |
| Net Cash Provided (Used) by Investing Activities                                  |   |                      | 2,528   |   |   |   | (5,998 | ) |
|                                                                              |   |                      |    |   |   |   |   |   |
| Cash Flows from Financing Activities                                              |   |                      |    |   |   |   |   |   |
| Net increase in deposits                                                          |   |                      | 6,597   |   |   |   | 2,130 |   |
| Net increase (decrease) in short-term Federal Home Loan Bank advances             |   |                      | (4,375  | ) |   |   | 3,000 |   |
| Increase in advances from borrowers for taxes and insurance                       |   |                      | 219     |   |   |   | 250 |   |
| Dividends paid                                                                    |   |                      | (46     | ) |   |   | - |   |
| Treasury stock purchased                                                          |   |                      | (27     | ) |   |   | - |   |
|                                                                              |   |                      |    |   |   |   |   |   |
| Net Cash Provided by Financing Activities                                         |   |                      | 2,368   |   |   |   | 5,380 |   |
|                                                                              |   |                      |    |   |   |   |   |   |
| Net Increase (Decrease) in Cash and Cash Equivalents                              |   |                      | 3,540   |   |   |   | (47 | ) |
|                                                                              |   |                      |    |   |   |   |   |   |
| Cash and Cash Equivalents - Beginning                                             |   |                      | 3,203   |   |   |   | 4,013 |   |
| Cash and Cash Equivalents - Ending                                                |   | $                         | 6,743   |   |   | $ | 3,966 |   |
| Supplementary Cash Flows Information                                              |   |                      |    |   |   |   |   |   |
| Interest paid                                                                     |   | $                         | 1,217   |   |   | $ | 1,385 |   |
|                                                                              |   |                      |    |   |   |   |   |   |
| Income taxes paid                                                                 |   | $                         | 586     |   |   | $ | 342 |   |
|                                                                              |   |                      |    |   |   |   |   |   |
| Supplemental Schedule of Noncash Investing Activities                             |   |                      |    |   |   |   |   |   |
| Loans transferred to foreclosed real estate                                       |   | $                         | 949     |   |   | $ | - |   |

----

d

|                                   |   | Six Months Ended June 30, |   |
|----------------------------------------|--------|---------------------------|--------|
|                                   |   | 2009                      |   |   | 2008 |   |
| Service cost                           |   | $                         | 24     |   |   | $ | 22 |   |
| Interest cost                          |   |                      | 4      |   |   |   | 2 |   |
| Amortization of past service liability |   |                      | 2      |   |   |   | 2 |   |
| Net periodic pension expense           |   | $                         | 30     |   |   | $ | 26 |   |

----

|                                                                                                                                    |   | Three Months EndedJune, 30 |   |   | Six Months EndedJune, 30 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|--------|--------|--------------------------|--------|
|                                                                                                                                    |   | 2009                       |   |   | 2008                     |   |   | 2009 |   |   | 2008 |   |
|                                                                                                                                    |   | (In Thousands)             |   |
| Unrealized holding gains (loss) on securities available for sale                                                                        |   | $                          | 5      |   |                     | $      | (7 | ) |   | $ | 2 |   |   | $ | 5 |   |
|                                                                                                                                    |   |                       |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Reclassification adjustment for Directors’ retirement plan pension gains and past service liability recognized in pension expense |   |                       | 1      |   |                     |   | 2 |   |   |   | 3 |   |   |   | 2 |   |
|                                                                                                                                    |   |                       |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Other comprehensive income (loss) before tax                                                                                            |   |                       | 6      |   |                     |   | (5 | ) |   |   | 5 |   |   |   | 7 |   |
|                                                                                                                                    |   |                       |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Income tax effect                                                                                                                       |   |                       | (2     | )      |                     |   | 2 |   |   |   | (1 | ) |   |   | (2 | ) |
|                                                                                                                                    |   |                       |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Net of Tax Amount                                                                                                                       |   | $                          | 4      |   |                     | $      | (3 | ) |   | $ | 4 |   |   | $ | 5 |   |

|                                                                                                                    |   | June 30,2009   |   |   | June 30,2008 |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|----------------|--------|--------|--------------|--------|
|                                                                                                                    |   | (In Thousands) |   |
| Unrealized gain on securities available for sale (net of tax effect 2009 $1; 2008 $3)                                   |   | $              | 3      |   |         | $      | 5 |   |
|                                                                                                                    |   |           |   |   |         |   |   |   |
| Net losses and past service liability for the Directors’ retirement plan (net of tax effect 2009 ($3); 2008 ($6)) |   |           | (4     | )      |         |   | (9 | ) |
|                                                                                                                    |   |           |   |   |         |   |   |   |
|                                                                                                                    |   | $              | (1     | )      |         | $      | (4 | ) |

----

----

----

|                       |   | AmortizedCost  |   |   | GrossUnrealizedGains |   |   | GrossUnrealizedLosses |   |   | FairValue |   |
|----------------------------|--------|----------------|--------|--------|----------------------|--------|--------|-----------------------|--------|--------|-----------|--------|
|                       |   | (In Thousands) |   |
| Available for Sale:        |   |           |   |   |                 |   |   |                  |   |   |      |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |
| June 30, 2009:        |   |           |   |   |                 |   |   |                  |   |   |      |   |
| U.S. Government agencies   |   | $              | 1,000  |   |                 | $      | 4      |                  |   | $      | -         |   |   | $ | 1,004 |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| December 31, 2008:    |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| U.S. Government agencies   |   | $              | 1,000  |   |                 | $      | 2      |                  |   | $      | -         |   |   | $ | 1,002 |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| Held to Maturity:          |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| June 30, 2009:        |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| U.S. Government agencies   |   | $              | 750    |   |                 | $      | 1      |                  |   | $      | -         |   |   | $ | 751 |   |
| Mortgage-backed securities |   |           | 619    |   |                 |   | 35     |                  |   |   | -         |   |   |   | 654 |   |
|                       |   | $              | 1,369  |   |                 | $      | 36     |                  |   | $      | -         |   |   | $ | 1,405 |   |
| December 31, 2008:    |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| U.S. Government agencies   |   | $              | 750    |   |                 | $      | 6      |                  |   | $      | -         |   |   | $ | 756 |   |
| Mortgage-backed securities |   |           | 759    |   |                 |   | 18     |                  |   |   | 3         |   |   |   | 774 |   |
|                       |   | $              | 1,509  |   |                 | $      | 24     |                  |   | $      | 3         |   |   | $ | 1,530 |   |

|                                   |   | Available for Sale |   |   | Held to Maturity |   |
|----------------------------------------|--------|--------------------|--------|--------|------------------|--------|
|                                   |   | Amortized Cost     |   |   | FairValue        |   |   | AmortizedCost |   |   | FairValue |   |
|                                   |   | (In Thousands)     |   |   | (In Thousands)   |   |
| Due in one year or less                |   | $                  | -      |   |             | $      | - |   |   | $ | - |   |   | $ | - |   |
| Due after one year through five years  |   |               | 1,000  |   |             |   | 1,004 |   |   |   | 750 |   |   |   | 751 |   |
| Due after five years through ten years |   |               | -      |   |             |   | - |   |   |   | - |   |   |   | - |   |
| Due after ten years                    |   |               | -      |   |             |   | - |   |   |   | - |   |   |   | - |   |
| Mortgage-backed securities             |   |               | -      |   |             |   | - |   |   |   | 619 |   |   |   | 654 |   |
|                                   |   | $                  | 1,000  |   |             | $      | 1,004 |   |   | $ | 1,369 |   |   | $ | 1,405 |   |

----

|                      |   | Less than 12 Months |   |   | 12 Months or More |   |   | Total     |   |
|---------------------------|--------|---------------------|--------|--------|-------------------|--------|--------|-----------|--------|
|                      |   | FairValue           |   |   | UnrealizedLosses  |   |   | FairValue |   |   | UnrealizedLosses |   |   | FairValue |   |   | UnrealizedLosses |   |
|                      |   | (In Thousands)      |   |
| December 31, 2008:        |   |                |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |   |
| Held to Maturity:         |   |                |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |   |
| Mortgage-backedsecurities |   | $                   | -      |   |              | $      | -      |      |   | $ | 88 |   |   | $ | 3 |   |   | $ | 88 |   |   | $ | 3 |   |
|                      |   | $                   | -      |   |              | $      | -      |      |   | $ | 88 |   |   | $ | 3 |   |   | $ | 88 |   |   | $ | 3 |   |

|   | Level 1: | Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. |
|--------|----------|-------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level 2: | Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. |
|--------|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level 3: | Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported with little or no market activity). |
|--------|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Description                   |   | CarryingValue  |   |   | (Level 1)Quoted Pricesin ActiveMarkets forIdenticalAssets |   |   | (Level 2)SignificantOtherObservableInputs |   |   | (Level 3)SignificantUnobservableInputs |   |
|-------------------------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|----------------------------------------|--------|
|                          |   | (In Thousands) |   |
| Securities available for sale |   | $              | 1,004  |   |                                                      | $      | -      |                                      |   | $      | 1,004                                  |   |   | $ | - |   |
| Forward sales contract        |   | $              | 21     |   |                                                      | $      | -      |                                      |   | $      | 21                                     |   |   | $ | - |   |

| Description                   |   | CarryingValue  |   |   | (Level 1)Quoted Pricesin ActiveMarkets forIdenticalAssets |   |   | (Level 2)SignificantOtherObservableInputs |   |   | (Level 3)SignificantUnobservableInputs |   |
|-------------------------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|----------------------------------------|--------|
|                          |   | (In Thousands) |   |
| Securities available for sale |   | $              | 1,002  |   |                                                      | $      | -      |                                      |   | $      | 1,002                                  |   |   | $ | - |   |

| Description            |   | Carry Value    |   |   | (Level 1)Quoted Pricesin ActiveMarkets forIdenticalAssets |   |   | (Level 2)SignificantOtherObservableInputs |   |   | (Level 3)SignificantUnobservableInputs |   |
|------------------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|----------------------------------------|--------|
|                   |   | (In Thousands) |   |
|                   |   |           |   |   |                                                      |   |   |                                      |   |   |                                   |   |
| Impaired loans         |   | $              | 879    |   |                                                      | $      | -      |                                      |   | $      | -                                      |   |   | $ | 879 |   |
| Foreclosed real estate |   | $              | 949    |   |                                                      | $      | -      |                                      |   | $      | -                                      |   |   | $ | 949 |   |

----

| Description    |   | Carry Value    |   |   | (Level 1)Quoted Pricesin ActiveMarkets forIdenticalAssets |   |   | (Level 2)SignificantOtherObservableInputs |   |   | (Level 3)SignificantUnobservableInputs |   |
|----------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|----------------------------------------|--------|
|           |   | (In Thousands) |   |
|           |   |           |   |   |                                                      |   |   |                                      |   |   |                                   |   |
| Impaired loans |   | $              | 1,067  |   |                                                      | $      | -      |                                      |   | $      | -                                      |   |   | $ | 1,067 |   |

----

----

|                                     |   | June 30,  |    | December 31, |      |
|------------------------------------------|--------|----------------|---------|-------------------|-----------|
|                                     |   | 2009           |    |              | 2008      |   |
|                                     |   | CarryingAmount |    |              | FairValue |   |   | CarryingAmount |   |   | FairValue |   |
|                                     |   | (In Thousands) |    |
| Financial assets:                        |   |           |    |              |      |   |   |   |   |   |   |   |
| Cash and cash equivalents                |   | $              | 6,743   |              |      | $ | 6,743 |   |   | $ | 3,203 |   |   | $ | 3,203 |   |
| Securities available for sale            |   |           | 1,004   |              |      |   | 1,004 |   |   |   | 1,002 |   |   |   | 1,002 |   |
| Securities held to maturity              |   |           | 1,369   |              |      |   | 1,405 |   |   |   | 1,509 |   |   |   | 1,530 |   |
| Loans held for sale                      |   |           | 1,728   |              |      |   | 1,728 |   |   |   | 106 |   |   |   | 106 |   |
| Loans receivable, net                    |   |           | 134,090 |              |      |   | 138,491 |   |   |   | 137,868 |   |   |   | 141,879 |   |
| Restricted investments in bank stock     |   |           | 326     |              |      |   | 326 |   |   |   | 395 |   |   |   | 395 |   |
| Accrued interest receivable              |   |           | 645     |              |      |   | 645 |   |   |   | 661 |   |   |   | 661 |   |
|                                     |   |           |    |              |      |   |   |   |   |   |   |   |   |   |   |   |
| Financial liabilities:                   |   |           |    |              |      |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest bearing demand accounts     |   |           | 19,347  |              |      |   | 19,347 |   |   |   | 16,947 |   |   |   | 16,947 |   |
| NOW accounts                             |   |           | 6,629   |              |      |   | 6,629 |   |   |   | 6,644 |   |   |   | 6,644 |   |
| Money market accounts                    |   |           | 10,777  |              |      |   | 10,777 |   |   |   | 11,579 |   |   |   | 11,579 |   |
| Savings accounts                         |   |           | 16,276  |              |      |   | 16,276 |   |   |   | 13,561 |   |   |   | 13,561 |   |
| Certificates of deposit                  |   |           | 78,307  |              |      |   | 78,715 |   |   |   | 76,008 |   |   |   | 76,754 |   |
| Federal Home Loan Bank advances          |   |           | -       |              |      |   | - |   |   |   | 4,375 |   |   |   | 4,375 |   |
| Accrued interest payable                 |   |           | 37      |              |      |   | 37 |   |   |   | 143 |   |   |   | 143 |   |
|                                     |   |           |    |              |      |   |   |   |   |   |   |   |   |   |   |   |
| Off-balance sheet financial instruments: |   |           |    |              |      |   |   |   |   |   |   |   |   |   |   |   |
| Commitments to extend credit             |   |           | -       |              |      |   | - |   |   |   | - |   |   |   | - |   |
| Letters of credit                        |   |           | -       |              |      |   | - |   |   |   | - |   |   |   | - |   |

a

----

----

----

| (Dollars in thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | June 30,2009 |    |   | December 31, 2008 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|---------|--------|-------------------|--------|
| Nonaccrual loans:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |         |    |   |              |   |
|    One- to four-family residential real estate                                                                                                           |   | $            | 1,682   |   |              | $      | 2,384 |   |
|    Construction                                                                                                                                          |   |         | 1,394   |   |              |   | 959 |   |
|    Multi-family and commercial real estate                                                                                                               |   |         | 529     |   |              |   | 360 |   |
|    Land                                                                                                                                                  |   |         | 477     |   |              |   | 935 |   |
|    Commercial                                                                                                                                            |   |         | 318     |   |              |   | 318 |   |
|    Consumer                                                                                                                                              |   |         | — |   |              |   | 18 |   |
|          Total                                                                                                             |   |         | 4,400   |   |              |   | 4,974 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |         |    |   |              |   |   |   |
| Foreclosed real estate                                                                                                                                                  |   |         | 949     |   |              |   | — |   |
| Other nonperforming assets                                                                                                                                              |   |         | — |   |              |   | — |   |
|          Total nonperforming assets                                                                                        |   |         | 5,349   |   |              |   | 4,974 |   |
| Troubled debt restructurings                                                                                                                                            |   |         | 285     |   |              |   | 285 |   |
| Troubled debt restructurings and   total nonperforming assets                                                                                            |   | $            | 5,634   |   |              | $      | 5,259 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |         |    |   |              |   |   |   |
| Total nonperforming loans to total loans                                                                                                                                |   |         | 3.20    | %      |              |   | 3.57 | % |
| Total nonperforming loans to total assets                                                                                                                               |   |         | 2.88    |   |              |   | 3.31 |   |
| Total nonperforming assets and troubled   debt restructurings to total assets                                                                            |   |         | 3.69    |   |              |   | 3.50 |   |

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                    |   | Three Months Ended June 30, |    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 2009                        |    |   | 2008 |   |
| (Dollars in thousands)                                                                                                                                                                                                                                                                                                                                                                                                  |   | AverageBalance              |    |   | InterestandDividends |   |   | Yield/Cost |   |   | AverageBalance |   |   | InterestandDividends |   |   | Yield/Cost |   |
| Assets:                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:                                                                                                                                                                                                                                                                                                                                                                                                |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Loans                                                                                                         |   | $                           | 138,726 |   |   | $ | 2,051 |   |   |   | 5.91 | % |   | $ | 125,335 |   |   | $ | 2,101 |   |   |   | 6.71 | % |
|    Investment securities                                                                                         |   |                        | 2,332   |   |   |   | 18 |   |   |   | 3.09 |   |   |   | 2,662 |   |   |   | 29 |   |   |   | 4.36 |   |
|    Other interest-earning assets                                                                                 |   |                        | 1,778   |   |   |   | 8 |   |   |   | 1.80 |   |   |   | 2,318 |   |   |   | 19 |   |   |   | 3.28 |   |
|          Total interest-earning assets                                                                                                                                                                                                                                                                                                                 |   |                        | 142,836 |   |   |   | 2,077 |   |   |   | 5.82 |   |   |   | 130,315 |   |   |   | 2,149 |   |   |   | 6.60 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-earning assets                                                                                                     |   |                        | 9,383   |   |   |   |   |   |   |   |   |   |   |   | 5,772 |   |   |   |   |   |   |   |   |   |
|          Total assets                                                              |   | $                           | 152,219 |   |   |   |   |   |   |   |   |   |   | $ | 136,087 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities and stockholders’ equity:                                                                                                                                                                                                                                                                                                                                                                             |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                                                                                                                                                                                                                                                                                                                                                                           |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Interest-bearing demand deposits                                                                                                                                                                                                                                                                                                                                                                      |   | $                           | 6,938   |   |   |   | 4 |   |   |   | 0.23 |   |   | $ | 6,295 |   |   |   | 5 |   |   |   | 0.32 |   |
|    Money market accounts                                                                                         |   |                        | 10,441  |   |   |   | 25 |   |   |   | 0.96 |   |   |   | 11,401 |   |   |   | 43 |   |   |   | 1.51 |   |
|    Savings accounts                                                                                              |   |                        | 15,809  |   |   |   | 24 |   |   |   | 0.61 |   |   |   | 14,857 |   |   |   | 20 |   |   |   | 0.54 |   |
|    Certificates of deposit                                                                                       |   |                        | 78,309  |   |   |   | 475 |   |   |   | 2.43 |   |   |   | 63,236 |   |   |   | 483 |   |   |   | 3.06 |   |
|    Borrowings                                                                                                    |   |                        | 1,051   |   |   |   | 2 |   |   |   | 0.76 |   |   |   | 2,806 |   |   |   | 17 |   |   |   | 2.42 |   |
|       Total interest-bearing liabilities                                                                                                                                                                                                                                                                                                                              |   |                        | 112,548 |   |   |   | 530 |   |   |   | 1.88 |   |   |   | 98,595 |   |   |   | 568 |   |   |   | 2.30 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-bearing demand deposits                                                                                                                                                                                                                                                                                                                                                                                    |   |                        | 18,802  |   |   |   |   |   |   |   |   |   |   |   | 16,941 |   |   |   |   |   |   |   |   |   |
| Other non-interest-bearing liabilities                                                                                                                                                                                                                                                                                                                                                                                  |   |                        | 1,744   |   |   |   |   |   |   |   |   |   |   |   | 1,740 |   |   |   |   |   |   |   |   |   |
|          Total liabilities                                                         |   |                        | 133,094 |   |   |   |   |   |   |   |   |   |   |   | 117,276 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stockholders’ equity                                                                                                      |   |                        | 19,125  |   |   |   |   |   |   |   |   |   |   |   | 18,811 |   |   |   |   |   |   |   |   |   |
|       Total liabilities and stockholders’ equity                                                                                                                                                                                                                                                                                                                                    |   | $                           | 152,219 |   |   |   |   |   |   |   |   |   |   | $ | 136,087 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net interest income                                                                                           |   |                        |    |   |   | $ | 1,547 |   |   |   |   |   |   |   |   |   |   | $ | 1,581 |   |   |   |   |   |
|    Interest rate spread                                                                                          |   |                        |    |   |   |   |   |   |   |   | 3.94 |   |   |   |   |   |   |   |   |   |   |   | 4.30 |   |
|    Net interest margin                                                                                           |   |                        |    |   |   |   |   |   |   |   | 4.33 |   |   |   |   |   |   |   |   |   |   |   | 4.85 |   |
|    Average interest-earning assets to      average interest-bearing liabilities                                                                                                                                                                                                                                                                                            |   |                        | 126.91  | % |   |   |   |   |   |   |   |   |   |   | 132.17 | % |   |   |   |   |   |   |   |   |

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                    |   | Six Months Ended June 30, |    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 2009                      |    |   | 2008 |   |
| (Dollars in thousands)                                                                                                                                                                                                                                                                                                                                                                                                  |   | AverageBalance            |    |   | InterestandDividends |   |   | Yield/Cost |   |   | AverageBalance |   |   | InterestandDividends |   |   | Yield/Cost |   |
| Assets:                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:                                                                                                                                                                                                                                                                                                                                                                                                |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Loans                                                                                                         |   | $                         | 138,907 |   |   | $ | 4,173 |   |   |   | 6.01 | % |   | $ | 123,641 |   |   | $ | 4,233 |   |   |   | 6.85 | % |
|    Investment securities                                                                                         |   |                      | 2,404   |   |   |   | 39 |   |   |   | 3.24 |   |   |   | 2,706 |   |   |   | 59 |   |   |   | 4.36 |   |
|    Other interest-earning assets                                                                                 |   |                      | 1,841   |   |   |   | 11 |   |   |   | 1.20 |   |   |   | 3,125 |   |   |   | 39 |   |   |   | 2.50 |   |
|          Total interest-earning assets                                                                                                                                                                                                                                                                                                                                     |   |                      | 143,152 |   |   |   | 4,223 |   |   |   | 5.90 |   |   |   | 129,472 |   |   |   | 4,331 |   |   |   | 6.69 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-earning assets                                                                                                     |   |                      | 8,581   |   |   |   |   |   |   |   |   |   |   |   | 4,831 |   |   |   |   |   |   |   |   |   |
|          Total assets                                                              |   | $                         | 151,733 |   |   |   |   |   |   |   |   |   |   | $ | 134,303 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities and stockholders’ equity:                                                                                                                                                                                                                                                                                                                                                                             |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                                                                                                                                                                                                                                                                                                                                                                           |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Interest-bearing demand deposits                                                                                                                                                                                                                                                                                                                                                                      |   | $                         | 6,764   |   |   |   | 8 |   |   |   | 0.24 |   |   | $ | 6,137 |   |   |   | 9 |   |   |   | 0.29 |   |
|    Money market accounts                                                                                         |   |                      | 10,992  |   |   |   | 56 |   |   |   | 1.02 |   |   |   | 11,169 |   |   |   | 98 |   |   |   | 1.75 |   |
|    Savings accounts                                                                                              |   |                      | 15,054  |   |   |   | 44 |   |   |   | 0.58 |   |   |   | 14,279 |   |   |   | 41 |   |   |   | 0.57 |   |
|    Certificates of deposit                                                                                       |   |                      | 76,724  |   |   |   | 983 |   |   |   | 2.56 |   |   |   | 63,964 |   |   |   | 1,134 |   |   |   | 3.55 |   |
|    Borrowings                                                                                                    |   |                      | 3,487   |   |   |   | 20 |   |   |   | 1.15 |   |   |   | 1,687 |   |   |   | 21 |   |   |   | 2.49 |   |
|       Total interest-bearing liabilities                                                                                                                                                                                                                                                                                                                                             |   |                      | 113,021 |   |   |   | 1,111 |   |   |   | 1.97 |   |   |   | 97,236 |   |   |   | 1,303 |   |   |   | 2.68 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-bearing demand deposits                                                                                                                                                                                                                                                                                                                                                                                    |   |                      | 17,802  |   |   |   |   |   |   |   |   |   |   |   | 16,532 |   |   |   |   |   |   |   |   |   |
| Other non-interest-bearing liabilities                                                                                                                                                                                                                                                                                                                                                                                  |   |                      | 1,859   |   |   |   |   |   |   |   |   |   |   |   | 1,808 |   |   |   |   |   |   |   |   |   |
|          Total liabilities                                                         |   |                      | 132,682 |   |   |   |   |   |   |   |   |   |   |   | 115,576 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stockholders’ equity                                                                                                      |   |                      | 19,051  |   |   |   |   |   |   |   |   |   |   |   | 18,727 |   |   |   |   |   |   |   |   |   |
|       Total liabilities and stockholders’ equity                                                                                                                                                                                                                                                                                                                                    |   | $                         | 151,733 |   |   |   |   |   |   |   |   |   |   | $ | 134,303 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net interest income                                                                                           |   |                      |    |   |   | $ | 3,112 |   |   |   |   |   |   |   |   |   |   | $ | 3,028 |   |   |   |   |   |
|    Interest rate spread                                                                                          |   |                      |    |   |   |   |   |   |   |   | 3.93 |   |   |   |   |   |   |   |   |   |   |   | 4.01 |   |
|    Net interest margin                                                                                           |   |                      |    |   |   |   |   |   |   |   | 4.35 |   |   |   |   |   |   |   |   |   |   |   | 4.68 |   |
|    Average interest-earning assets to      average interest-bearing liabilities                                                                                                                                                                                                                                                                                            |   |                      | 126.66  | % |   |   |   |   |   |   |   |   |   |   | 133.15 | % |   |   |   |   |   |   |   |   |

----

----

3

4

----

.

g

r

e

n

|                  |   | For       |   | Withheld |
|-----------------------|--------|-----------|--------|----------|
| Joseph B. Horan, III  |   | 1,937,751 |   | 109,209  |
| Steven E. Howell      |   | 1,944,003 |   | 102,957  |
| Kenneth R. Schliphack |   | 1,937,751 |   | 109,209  |

|        |   | Ratification of Beard Miller Company LLP                                        |
|-------------|--------|--------------------------------------------------------------------------------------|
| For         |   | 2,009,810                |
| Against     |   | 37,125              |
| Abstentions |   | 25                  |

t

----

t

|   | 3.1 | Charter of Hometown Bancorp, Inc. (1) |
|--------|-----|---------------------------------------|

|   | 3.2 | Bylaws of Hometown Bancorp, Inc. (2) |
|--------|-----|--------------------------------------|

|   | 4.0 | Stock Certificate of Hometown Bancorp, Inc. (1) |
|--------|-----|-------------------------------------------------|

|   | 31.1 | Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer |
|--------|------|-------------------------------------------------------------------|

|   | 31.2 | Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer |
|--------|------|-------------------------------------------------------------------|

|   | 32.0 | Section 1350 Certification |
|--------|------|----------------------------|

|   | (1) | Incorporated by reference into this document from the Exhibits filed with the Securities and Exchange Commission on the Registration Statement on Form SB-2, and any amendments thereto, Registration No. 333-141351. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Incorporated by reference into this document from Exhibit 3.2 of the Form 8-K filed with the Securities and Exchange Commission on July 25, 2008 (File No. 000-52674). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

I

|                   | HOMETOWN BANCORP, INC. |
|------------------------|------------------------|
|                   |                   |   |
|                   |                   |   |
| Dated: August 14, 2009 | By:                    | /s/ Thomas F. Gibney |
|                   |                   | Thomas F. Gibney |
|                   |                   | President and Chief Executive Officer |
|                   |                   | (principal executive officer) |
|                   |                   |   |
|                   |                   |   |
|                   |                   |   |
| Dated: August 14, 2009 | By:                    | /s/ Stephen W. Dederick |
|                   |                   | Stephen W. Dederick |
|                   |                   | Vice President and |
|                   |                   | Chief Financial Officer |
|                   |                   | (principal financial and accounting officer) |