----

----

| x | 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 |
|--------|-----------------------------------------------------------------------|

|   | HOMETOWN BANCORP, INC.                                 |   |
|--------|--------------------------------------------------------|--------|
|   | (Exact name of registrant as specified in its charter) |   |

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

| Large accelerated filer   ̈ | Accelerated filer   ̈ | Non-accelerated filer   ̈ | Smaller reporting company  x |
|-------------------------------------------|-------------------------------------|-----------------------------------------|----------------------------------------|

----

----

----

HO

|                                     |     |                                                                          | Page No. |
|------------------------------------------|----------|-------------------------------------------------------------------------------|----------|
|                                     |     |                                                                          |     |
| PART I.  FINANCIAL INFORMATION |     |
|                                     |     |                                                                          |     |
|                                     | Item 1.  | Financial Statements                                                          |     |
|                                     |     |                                                                          |     |
|                                     |     | Consolidated Balance Sheets at                                                |     |
|                                     |     | September 30, 2009 and December 31, 2008 (Unaudited)                          | 2        |
|                                     |     |                                                                          |     |
|                                     |     | Consolidated Statements of Income for the three and nine months               |     |
|                                     |     | ended September 30, 2009 and 2008 (Unaudited)                                 | 3        |
|                                     |     |                                                                          |     |
|                                     |     | Consolidated Statements of Stockholders’ Equity for the nine months     |     |
|                                     |     | ended September 30, 2009 and 2008 (Unaudited)                                 | 4        |
|                                     |     |                                                                          |     |
|                                     |     | Consolidated Statements of Cash Flows for the nine months                     |     |
|                                     |     | ended September 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                                                                 | 16       |
|                                     |     |                                                                          |     |
|                                     | Item 3.  | Quantitative and Qualitative Disclosures About Market Risk                    | 25       |
|                                     |     |                                                                          |     |
|                                     | Item 4T. | Controls and Procedures                                                       | 25       |
|                                     |     |                                                                          |     |
| PART II.  OTHER INFORMATION    |     |
|                                     |     |                                                                          |     |
|                                     | Item 1.  | Legal Proceedings                                                             | 26       |
|                                     |     |                                                                          |     |
|                                     | Item 1A. | Risk Factors                                                                  | 26       |
|                                     |     |                                                                          |     |
|                                     | Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                   | 26       |
|                                     |     |                                                                          |     |
|                                     | Item 3.  | Defaults upon Senior Securities                                               | 26       |
|                                     |     |                                                                          |     |
|                                     | Item 4.  | Submission of Matters to a Vote of Security Holders                           | 26       |
|                                     |     |                                                                          |     |
|                                     | Item 5.  | Other Information                                                             | 26       |
|                                     |     |                                                                          |     |
|                                     | Item 6.  | Exhibits                                                                      | 26       |
|                                     |     |                                                                          |     |
| Signatures                               |     |

----

Index

Ho

| (unaudited)                                                                           |   | September 30,                            |    |   | December 31, |   |
|---------------------------------------------------------------------------------------|--------|------------------------------------------|---------|--------|--------------|--------|
|                                                                                  |   | 2009                                     |    |   | 2008         |   |
|                                                                                  |   | (Dollars in Thousands,Except Share Data) |    |
| Assets                                                                                |   |                                     |    |
| Cash and due from banks                                                               |   | $                                        | 3,800   |   |         | $      | 2,915 |   |
| Interest earning demand deposits with banks                                           |   |                                     | 905     |   |         |   | 288 |   |
| Cash and cash equivalents                                                             |   |                                     | 4,705   |   |         |   | 3,203 |   |
|                                                                                  |   |                                     |    |   |         |   |   |   |
| Securities available for sale                                                         |   |                                     | 1,003   |   |         |   | 1,002 |   |
| Securities held to maturity (fair value at September 30, 2009 $1,378; and at December |   |                                     | 1,342   |   |         |   | 1,509 |   |
| 31, 2008 $1,530)                                                                      |   |                                     |    |   |         |   |   |   |
| Loans held for sale                                                                   |   |                                     | 447     |   |         |   | 106 |   |
| Loans receivable, net of allowance for loan losses (at September 30, 2009 $1,695; and |   |                                     | 139,062 |   |         |   | 137,868 |   |
| at December 31, 2008 $1,347)                                                          |   |                                     |    |   |         |   |   |   |
| Premises and equipment, net                                                           |   |                                     | 4,087   |   |         |   | 4,087 |   |
| Restricted investments in bank stocks, at cost                                        |   |                                     | 395     |   |         |   | 395 |   |
| Other real estate owned                                                               |   |                                     | 930     |   |         |   | - |   |
| Accrued interest receivable and other assets                                          |   |                                     | 2,535   |   |         |   | 2,199 |   |
|                                                                                  |   |                                     |    |   |         |   |   |   |
| Total Assets                                                                          |   | $                                        | 154,506 |   |         | $      | 150,369 |   |
| Liabilities and Stockholders’ Equity                                            |   |                                     |    |   |         |   |   |   |
| Liabilities                                                                           |   |                                     |    |   |         |   |   |   |
| Deposits:                                                                             |   |                                     |    |   |         |   |   |   |
| Non-interest bearing                                                                  |   | $                                        | 18,837  |   |         | $      | 16,947 |   |
| Interest bearing                                                                      |   |                                     | 112,310 |   |         |   | 107,792 |   |
| Total Deposits                                                                        |   |                                     | 131,147 |   |         |   | 124,739 |   |
|                                                                                  |   |                                     |    |   |         |   |   |   |
| Federal Home Loan Bank advances                                                       |   |                                     | 1,000   |   |         |   | 4,375 |   |
| Advances from borrowers for taxes and insurance                                       |   |                                     | 362     |   |         |   | 708 |   |
| Accrued interest payable                                                              |   |                                     | 34      |   |         |   | 143 |   |
| Other liabilities                                                                     |   |                                     | 2,843   |   |         |   | 1,610 |   |
| Total Liabilities                                                                     |   |                                     | 135,386 |   |         |   | 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                                                                       |   |                                     | 10,094  |   |         |   | 10,112 |   |
| Retained earnings                                                                     |   |                                     | 10,120  |   |         |   | 9,787 |   |
| Unearned ESOP shares, at cost                                                         |   |                                     | (805    | )      |         |   | (840 | ) |
| Treasury stock, at cost, 53,561 shares at September 30, 2009 and 46,500 at December   |   |                                     | (311    | )      |         |   | (284 | ) |
| 31, 2008                                                                              |   |                                     |    |   |         |   |   |   |
| Accumulated other comprehensive loss                                                  |   |                                     | (2      | )      |         |   | (5 | ) |
| Total Stockholders’ Equity                                                      |   |                                     | 19,120  |   |         |   | 18,794 |   |
|                                                                                  |   |                                     |    |   |         |   |   |   |
| Total Liabilities and Stockholders’ Equity                                      |   | $                                        | 154,506 |   |         | $      | 150,369 |   |

----

Index

Ho

|                                                 |   | Three Months EndedSeptember 30,               |   |   | Nine Months EndedSeptember 30, |
|------------------------------------------------------|--------|-----------------------------------------------|--------|--------|--------------------------------|
|                                                 |   | 2009                                          |   | 2008   |                           |   | 2009 |   |   | 2008 |
|                                                 |   | (Dollars in thousands, except per share data) |
| Interest Income                                      |   |                                          |   |   |                           |   |   |   |   |   |   |   |
| Loans receivable, including fees                     |   | $                                             | 2,010  |   |                           | $ | 2,182 |   |   | $ | 6,183 |   |   | $ | 6,415 |   |
| Securities, taxable                                  |   |                                          | 14     |   |                           |   | 25 |   |   |   | 53 |   |   |   | 84 |   |
| Other                                                |   |                                          | 6      |   |                           |   | 28 |   |   |   | 17 |   |   |   | 67 |   |
| Total Interest Income                                |   |                                          | 2,030  |   |                           |   | 2,235 |   |   |   | 6,253 |   |   |   | 6,566 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Interest Expense                                     |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                             |   |                                          | 442    |   |                           |   | 545 |   |   |   | 1,533 |   |   |   | 1,827 |   |
| Federal Home Loan Bank advances                      |   |                                          | 2      |   |                           |   | 22 |   |   |   | 22 |   |   |   | 43 |   |
| Total Interest Expense                               |   |                                          | 444    |   |                           |   | 567 |   |   |   | 1,555 |   |   |   | 1,870 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                                  |   |                                          | 1,586  |   |                           |   | 1,668 |   |   |   | 4,698 |   |   |   | 4,696 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Loan Losses                            |   |                                          | 111    |   |                           |   | 134 |   |   |   | 429 |   |   |   | 234 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income after Provision for Loan Losses  |   |                                          | 1,475  |   |                           |   | 1,534 |   |   |   | 4,269 |   |   |   | 4,462 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest Income                                  |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Banking fees and service charges                     |   |                                          | 273    |   |                           |   | 289 |   |   |   | 791 |   |   |   | 826 |   |
| Mortgage banking income, net                         |   |                                          | 192    |   |                           |   | 70 |   |   |   | 753 |   |   |   | 237 |   |
| Investment brokerage fees                            |   |                                          | 21     |   |                           |   | 12 |   |   |   | 55 |   |   |   | 45 |   |
| Loss on other real estate owned                      |   |                                          | (19    | )      |                           |   | - |   |   |   | (19 | ) |   |   | - |   |
| Other                                                |   |                                          | 31     |   |                           |   | 97 |   |   |   | 79 |   |   |   | 203 |   |
| Total Non-interest Income                            |   |                                          | 498    |   |                           |   | 468 |   |   |   | 1,659 |   |   |   | 1,311 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest Expenses                                |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Salaries and employee benefits                       |   |                                          | 1,022  |   |                           |   | 978 |   |   |   | 3,040 |   |   |   | 2,865 |   |
| Occupancy and equipment                              |   |                                          | 176    |   |                           |   | 186 |   |   |   | 558 |   |   |   | 543 |   |
| Professional fees                                    |   |                                          | 97     |   |                           |   | 79 |   |   |   | 258 |   |   |   | 263 |   |
| Advertising and marketing                            |   |                                          | 34     |   |                           |   | 74 |   |   |   | 89 |   |   |   | 187 |   |
| Data processing                                      |   |                                          | 166    |   |                           |   | 137 |   |   |   | 456 |   |   |   | 402 |   |
| Telephone and postage                                |   |                                          | 45     |   |                           |   | 45 |   |   |   | 148 |   |   |   | 136 |   |
| FDIC premium                                         |   |                                          | 61     |   |                           |   | 20 |   |   |   | 280 |   |   |   | 29 |   |
| Other                                                |   |                                          | 137    |   |                           |   | 159 |   |   |   | 447 |   |   |   | 446 |   |
| Total Non-interest Expenses                          |   |                                          | 1,738  |   |                           |   | 1,678 |   |   |   | 5,276 |   |   |   | 4,871 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Income before Income Taxes                           |   |                                          | 235    |   |                           |   | 324 |   |   |   | 652 |   |   |   | 902 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Income Tax Expense                                   |   |                                          | 90     |   |                           |   | 131 |   |   |   | 252 |   |   |   | 350 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Net Income                                           |   | $                                             | 145    |   |                           | $ | 193 |   |   | $ | 400 |   |   | $ | 552 |   |
|                                                 |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| Net Income per common share- basic                   |   | $                                             | 0.06   |   |                           | $ | 0.08 |   |   | $ | 0.18 |   |   | $ | 0.24 |   |
| Weighted average number of common shares outstanding |   |                                          |   |   |                           |   |   |   |   |   |   |   |   |   |   |   |
| – basic                                        |   |                                          | 2,245  |   |                           |   | 2,291 |   |   |   | 2,246 |   |   |   | 2,292 |   |
| Dividends per share                                  |   | $                                             | 0.02   |   |                           |   | - |   |   | $ | 0.04 |   |   |   | - |   |

----

Index

Ho

|                         |   | CommonStock |   |   | Paid-InCapital |   |   | RetainedEarnings |   |   | UnearnedESOPShares |   |   | TreasuryStock |   |   | AccumulatedOtherComprehensiveLoss |   |   | Total  |   |
|------------------------------|--------|-------------|--------|--------|----------------|--------|--------|------------------|--------|--------|--------------------|--------|--------|---------------|--------|--------|-----------------------------------|--------|--------|--------|--------|
| Balance - December 31, 2007  |   | $           | 24     |   |           | $      | 10,129 |             |   | $      | 9,222              |   |   | $             | (886   | )      |                              | $      | -      |   |   | $ | (9 | ) |   | $ | 18,480 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income:        |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Net income                   |   |        | -      |   |           |   | -      |             |   |   | 552                |   |   |          | -      |   |                              |   | -      |   |   |   | - |   |   |   | 552 |   |
| Other comprehensive income,  |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| net of tax                   |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |          | -      |   |                              |   | -      |   |   |   | 3 |   |   |   | 3 |   |
| Total Comprehensive Income   |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   | 555 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Treasury stock purchase      |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| (11,500 shares)              |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |          | -      |   |                              |   | (80    | )      |   |   | - |   |   |   | (80 | ) |
| ESOP shares committed to be  |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| released (3,499 shares)      |   |        | -      |   |           |   | (11    | )                |   |   | -                  |   |   |          | 35     |   |                              |   | -      |   |   |   | - |   |   |   | 24 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Balance - September 30, 2008 |   | $           | 24     |   |           | $      | 10,118 |             |   | $      | 9,774              |   |   | $             | (851   | )      |                              | $      | (80    | )      |   | $ | (6 | ) |   | $ | 18,979 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Balance - December 31, 2008  |   | $           | 24     |   |           | $      | 10,112 |             |   | $      | 9,787              |   |   | $             | (840   | )      |                              | $      | (284   | )      |   | $ | (5 | ) |   | $ | 18,794 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income:        |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Net income                   |   |        | -      |   |           |   | -      |             |   |   | 400                |   |   |          | -      |   |                              |   | -      |   |   |   | - |   |   |   | 400 |   |
| Other comprehensive income,  |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| net of tax                   |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |          | -      |   |                              |   | -      |   |   |   | 3 |   |   |   | 3 |   |
| Total Comprehensive Income   |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   | 403 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Treasury stock purchase      |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| (7,061 shares)               |   |        | -      |   |           |   | -      |             |   |   | -                  |   |   |          | -      |   |                              |   | (27    | )      |   |   | - |   |   |   | (27 | ) |
| Cash dividends declared      |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| ($0.02 per share)            |   |        |   |   |           |   |   |             |   |   | (67                | )      |   |          |   |   |                              |   |   |   |   |   |   |   |   |   | (67 | ) |
| ESOP shares committed to be  |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| released (3,500 shares)      |   |        | -      |   |           |   | (18    | )                |   |   | -                  |   |   |          | 35     |   |                              |   | -      |   |   |   | - |   |   |   | 17 |   |
|                         |   |        |   |   |           |   |   |             |   |   |               |   |   |          |   |   |                              |   |   |   |   |   |   |   |   |   |   |   |
| Balance - September 30, 2009 |   | $           | 24     |   |           | $      | 10,094 |             |   | $      | 10,120             |   |   | $             | (805   | )      |                              | $      | (311   | )      |   | $ | (2 | ) |   | $ | 19,120 |   |

----

Index

Ho

|                                                                              |   | Nine Months Ended September 30, |    |
|-----------------------------------------------------------------------------------|--------|---------------------------------|---------|
|                                                                              |   | 2009                            |    |   | 2008 |   |
|                                                                              |   | (In Thousands)                  |    |
| Cash Flows from Operating Activities                                              |   |                            |    |   |   |   |
| Net income                                                                        |   | $                               | 400     |   |   | $ | 552 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |                            |    |   |   |   |   |   |
| Depreciation and amortization expense                                             |   |                            | 193     |   |   |   | 177 |   |
| Provision for loan losses                                                         |   |                            | 429     |   |   |   | 234 |   |
| Amortization of mortgage servicing rights                                         |   |                            | 135     |   |   |   | 112 |   |
| Net accretion of securities premiums and discounts                                |   |                            | (4      | ) |   |   | 1 |   |
| Net gain on sale of loans                                                         |   |                            | (488    | ) |   |   | (104 | ) |
| Loans originated for sale                                                         |   |                            | (35,404 | ) |   |   | (8,859 | ) |
| Proceeds from sale of loans                                                       |   |                            | 35,551  |   |   |   | 8,587 |   |
| Loss on other real estate owned                                                   |   |                            | 19      |   |   |   | - |   |
| ESOP expense                                                                      |   |                            | 17      |   |   |   | 24 |   |
| Increase in accrued interest receivable and other assets                          |   |                            | (469    | ) |   |   | (797 | ) |
| Decrease in accrued interest payable and other liabilities                        |   |                            | 1,124   |   |   |   | 759 |   |
| Net Cash Provided by Operating Activities                                         |   |                            | 1,503   |   |   |   | 686 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Cash Flows from Investing Activities                                              |   |                            |    |   |   |   |   |   |
| Activity in held to maturity securities:                                          |   |                            |    |   |   |   |   |   |
| Purchases                                                                         |   |                            | (750    | ) |   |   | - |   |
| Maturities, calls and principal repayments                                        |   |                            | 921     |   |   |   | 488 |   |
| Net (increase) in loans receivable                                                |   |                            | (2,572  | ) |   |   | (9,708 | ) |
| Net (increase) decrease in restricted investment in bank stocks                   |   |                            | -       |   |   |   | (191 | ) |
| Purchases of bank premises and equipment                                          |   |                            | (193    | ) |   |   | (1,528 | ) |
| Net Cash Used by Investing Activities                                             |   |                            | (2,594  | ) |   |   | (10,939 | ) |
|                                                                              |   |                            |    |   |   |   |   |   |
| Cash Flows from Financing Activities                                              |   |                            |    |   |   |   |   |   |
| Net increase in deposits                                                          |   |                            | 6,408   |   |   |   | 10,593 |   |
| Net increase (decrease) in short-term Federal Home Loan Bank advances             |   |                            | (3,375  | ) |   |   | 3,000 |   |
| Decrease in advances from borrowers for taxes and insurance                       |   |                            | (346    | ) |   |   | (256 | ) |
| Dividends paid                                                                    |   |                            | (67     | ) |   |   | - |   |
| Treasury stock purchased                                                          |   |                            | (27     | ) |   |   | (80 | ) |
|                                                                              |   |                            |    |   |   |   |   |   |
| Net Cash Provided by Financing Activities                                         |   |                            | 2,593   |   |   |   | 13,257 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Net Increase in Cash and Cash Equivalents                                         |   |                            | 1,502   |   |   |   | 3,004 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Cash and Cash Equivalents - Beginning                                             |   |                            | 3,203   |   |   |   | 4,013 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Cash and Cash Equivalents - Ending                                                |   | $                               | 4,705   |   |   | $ | 7,017 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Supplementary Cash Flows Information                                              |   |                            |    |   |   |   |   |   |
| Interest paid                                                                     |   | $                               | 1,664   |   |   | $ | 2,021 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Income taxes paid                                                                 |   | $                               | 604     |   |   | $ | 480 |   |
|                                                                              |   |                            |    |   |   |   |   |   |
| Supplemental Schedule of Noncash Investing Activities                             |   |                            |    |   |   |   |   |   |
| Loans transferred to other real estate owned                                      |   | $                               | 949     |   |   | $ | - |   |

----

Index

Ho

|                                   |   | Nine Months Ended September 30, |   |
|----------------------------------------|--------|---------------------------------|--------|
|                                   |   | 2009                            |   |   | 2008 |   |
| Service cost                           |   | $                               | 36     |   |   | $ | 33 |   |
| Interest cost                          |   |                            | 5      |   |   |   | 3 |   |
| Amortization of past service liability |   |                            | 4      |   |   |   | 4 |   |
| Net periodic pension expense           |   | $                               | 45     |   |   | $ | 40 |   |

----

Index

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

|                                                                      |   | September 30,2009 |   |   | September 30,2008 |   |
|---------------------------------------------------------------------------|--------|-------------------|--------|--------|-------------------|--------|
|                                                                      |   | (In Thousands)    |   |
|                                                                      |   |              |   |   |              |   |
| Unrealized gain on securities available for sale (net of tax effect       |   |              |   |   |              |   |
| 2009 ($2); 2008 ($2))                                                     |   | $                 | 1      |   |              | $      | 2 |   |
|                                                                      |   |              |   |   |              |   |   |   |
| Net losses and past service liability for the Directors’ retirement |   |              |   |   |              |   |   |   |
| plan (net of tax effect 2009 ($2); 2008 ($5))                             |   |              | (3     | )      |              |   | (8 | ) |
|                                                                      |   |              |   |   |              |   |   |   |
|                                                                      |   | $                 | (2     | )      |              | $      | (6 | ) |

----

Index

----

Index

----

Index

|                       |   | Amortized Cost |   |   | GrossUnrealizedGains |   |   | GrossUnrealizedLosses |   |   | FairValue |   |
|----------------------------|--------|----------------|--------|--------|----------------------|--------|--------|-----------------------|--------|--------|-----------|--------|
|                       |   | (In Thousands) |   |
| Available for Sale:        |   |           |   |   |                 |   |   |                  |   |   |      |   |
| September 30, 2009:        |   |           |   |   |                 |   |   |                  |   |   |      |   |
| U.S. Government agencies   |   | $              | 1,000  |   |                 | $      | 3      |                  |   | $      | -         |   |   | $ | 1,003 |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| December 31, 2008:         |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| U.S. Government agencies   |   | $              | 1,000  |   |                 | $      | 2      |                  |   | $      | -         |   |   | $ | 1,002 |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| Held to Maturity:          |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| September 30, 2009:        |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| U.S. Government agencies   |   | $              | 750    |   |                 | $      | 4      |                  |   | $      | -         |   |   | $ | 754 |   |
| Mortgage-backed securities |   |           | 592    |   |                 |   | 32     |                  |   |   | -         |   |   |   | 624 |   |
|                       |   | $              | 1,342  |   |                 | $      | 36     |                  |   | $      | -         |   |   | $ | 1,378 |   |
|                       |   |           |   |   |                 |   |   |                  |   |   |      |   |   |   |   |   |
| 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  |   |             |   | 1,003 |   |   |   | 750 |   |   |   | 754 |   |
| Due after five years through ten years |   |               | -      |   |             |   | - |   |   |   | - |   |   |   | - |   |
| Due after ten years                    |   |               | -      |   |             |   | - |   |   |   | - |   |   |   | - |   |
| Mortgage-backed securities             |   |               | -      |   |             |   | - |   |   |   | 592 |   |   |   | 624 |   |
|                                   |   | $                  | 1,000  |   |             | $      | 1,003 |   |   | $ | 1,342 |   |   | $ | 1,378 |   |

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

----

Index

|                        |   | Nine MonthsEndedSeptember 30,2009 |   |   | Nine MonthsEndedSeptember 30,2008 |   |
|-----------------------------|--------|-----------------------------------|--------|--------|-----------------------------------|--------|
|                        |   | (In Thousands)                    |   |
|                        |   |                              |   |   |                              |   |
| Balance, beginning          |   | $                                 | 310    |   |                              | $      | 386 |   |
| Capitalized during the year |   |                              | 224    |   |                              |   | 54 |   |
| Amortization                |   |                              | (135   | )      |                              |   | (112 | ) |
| Balance, ending             |   | $                                 | 399    |   |                              | $      | 328 |   |

|   | 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). |
|--------|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Index

| Description                   |   | CarryingValue  |   |   | (Level 1)Quoted Pricesin ActiveMarkets forIdenticalAssets |   |   | (Level 2)SignificantOtherObservableInputs |   |   | (Level 3)SignificantUnobservableInputs |   |
|-------------------------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|----------------------------------------|--------|
|                          |   | (In Thousands) |   |
|                          |   |           |   |   |                                                      |   |   |                                      |   |   |                                   |   |
| Securities available for sale |   | $              | 1,003  |   |                                                      | $      | -      |                                      |   | $      | 1,003                                  |   |   | $ | - |   |
| Forward sales contract        |   | $              | 7      |   |                                                      | $      | -      |                                      |   | $      | 7                                      |   |   | $ | - |   |

| 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             |   | CarryValue     |   |   | (Level 1)Quoted Pricesin ActiveMarkets forIdenticalAssets |   |   | (Level 2)SignificantOtherObservableInputs |   |   | (Level 3)SignificantUnobservableInputs |   |
|-------------------------|--------|----------------|--------|--------|-----------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|----------------------------------------|--------|
|                    |   | (In Thousands) |   |
|                    |   |           |   |   |                                                      |   |   |                                      |   |   |                                   |   |
| Impaired loans          |   | $              | 879    |   |                                                      | $      | -      |                                      |   | $      | -                                      |   |   | $ | 879 |   |
| Other real estate owned |   | $              | 930    |   |                                                      | $      | -      |                                      |   | $      | -                                      |   |   | $ | 930 |   |

----

Index

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

----

Index

----

Index

|                                     |   | September 30,  |    |   | December 31, |   |
|------------------------------------------|--------|----------------|---------|--------|--------------|--------|
|                                     |   | 2009           |    |   | 2008         |   |
|                                     |   | CarryingAmount |    |   | FairValue    |   |   | CarryingAmount |   |   | FairValue |   |
|                                     |   | (In Thousands) |    |
|                                     |   |           |    |   |         |   |   |   |   |   |   |   |
| Financial assets:                        |   |           |    |   |         |   |   |   |   |   |   |   |
| Cash and cash equivalents                |   | $              | 4,705   |   |         | $      | 4,705 |   |   | $ | 3,203 |   |   | $ | 3,203 |   |
| Securities available for sale            |   |           | 1,003   |   |         |   | 1,003 |   |   |   | 1,002 |   |   |   | 1,002 |   |
| Securities held to maturity              |   |           | 1,342   |   |         |   | 1,378 |   |   |   | 1,509 |   |   |   | 1,530 |   |
| Loans held for sale                      |   |           | 447     |   |         |   | 447 |   |   |   | 106 |   |   |   | 106 |   |
| Loans receivable, net                    |   |           | 139,062 |   |         |   | 144,207 |   |   |   | 137,868 |   |   |   | 141,879 |   |
| Restricted investments in bank stock     |   |           | 395     |   |         |   | 395 |   |   |   | 395 |   |   |   | 395 |   |
| Accrued interest receivable              |   |           | 642     |   |         |   | 642 |   |   |   | 661 |   |   |   | 661 |   |
| Mortgage servicing rights                |   |           | 399     |   |         |   | 736 |   |   |   | 310 |   |   |   | 726 |   |
|                                     |   |           |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Financial liabilities:                   |   |           |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest bearing demand accounts     |   |           | 18,837  |   |         |   | 18,837 |   |   |   | 16,947 |   |   |   | 16,947 |   |
| NOW accounts                             |   |           | 6,286   |   |         |   | 6,286 |   |   |   | 6,644 |   |   |   | 6,644 |   |
| Money market accounts                    |   |           | 10,507  |   |         |   | 10,507 |   |   |   | 11,579 |   |   |   | 11,579 |   |
| Savings accounts                         |   |           | 16,320  |   |         |   | 16,320 |   |   |   | 13,561 |   |   |   | 13,561 |   |
| Certificates of deposit                  |   |           | 79,197  |   |         |   | 79,801 |   |   |   | 76,008 |   |   |   | 76,754 |   |
| Federal Home Loan Bank advances          |   |           | 1,000   |   |         |   | 1,000 |   |   |   | 4,375 |   |   |   | 4,375 |   |
| Accrued interest payable                 |   |           | 34      |   |         |   | 34 |   |   |   | 143 |   |   |   | 143 |   |
|                                     |   |           |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Off-balance sheet financial instruments: |   |           |    |   |         |   |   |   |   |   |   |   |   |   |   |   |
| Commitments to extend credit             |   |           | -       |   |         |   | - |   |   |   | - |   |   |   | - |   |
| Letters of credit                        |   |           | -       |   |         |   | - |   |   |   | - |   |   |   | - |   |

----

Index

Ite

----

Index

----

Index

| (Dollars in thousands)                      |   | September 30,2009 |    |   | December 31,2008 |   |
|---------------------------------------------|--------|-------------------|---------|--------|------------------|--------|
| Nonaccrual loans:                           |   |              |    |   |             |   |
| One- to four-family residential real estate |   | $                 | 2,406   |   |             | $      | 2,384 |   |
| Construction                                |   |              | 1,262   |   |             |   | 959 |   |
| Multi-family and commercial real estate     |   |              | 1,751   |   |             |   | 360 |   |
| Land                                        |   |              | 1,686   |   |             |   | 935 |   |
| Commercial                                  |   |              | 343     |   |             |   | 318 |   |
| Consumer                                    |   |              | — |   |             |   | 18 |   |
| Total                                       |   |              | 7,448   |   |             |   | 4,974 |   |
|                                        |   |              |    |   |             |   |   |   |
| Other real estate owned                     |   |              | 930     |   |             |   | — |   |
| Other nonperforming assets                  |   |              | — |   |             |   | — |   |
| Total nonperforming assets                  |   |              | 8,378   |   |             |   | 4,974 |   |
| Troubled debt restructurings                |   |              | 624     |   |             |   | 285 |   |
| Troubled debt restructurings and            |   |              |    |   |             |   |   |   |
| total nonperforming assets                  |   | $                 | 9,002   |   |             | $      | 5,259 |   |
|                                        |   |              |    |   |             |   |   |   |
| Total nonperforming loans to total loans    |   |              | 5.27    | %      |             |   | 3.57 | % |
| Total nonperforming loans to total assets   |   |              | 4.82    |   |             |   | 3.31 |   |
| Total nonperforming assets and troubled     |   |              |    |   |             |   |   |   |
| debt restructurings to total assets         |   |              | 5.83    |   |             |   | 3.50 |   |

----

Index

----

Index

|                                             |   | Three Months Ended September 30, |    |
|--------------------------------------------------|--------|----------------------------------|---------|
|                                             |   | 2009                             |    |   | 2008 |   |
| (Dollars in thousands)                           |   | AverageBalance                   |    |   | InterestandDividends |   |   | Yield/Cost |   |   | AverageBalance |   |   | InterestandDividends |   |   | Yield/Cost |   |
| Assets:                                          |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:                         |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans                                            |   | $                                | 137,940 |   |   | $ | 2,010 |   |   |   | 5.83 | % |   | $ | 130,481 |   |   | $ | 2,182 |   |   |   | 6.69 | % |
| Investment securities                            |   |                             | 2,356   |   |   |   | 14 |   |   |   | 2.38 |   |   |   | 2,477 |   |   |   | 25 |   |   |   | 4.04 |   |
| Other interest-earning assets                    |   |                             | 1,178   |   |   |   | 6 |   |   |   | 2.04 |   |   |   | 4,869 |   |   |   | 28 |   |   |   | 2.30 |   |
| Total interest-earning assets                    |   |                             | 141,474 |   |   |   | 2,030 |   |   |   | 5.74 |   |   |   | 137,827 |   |   |   | 2,235 |   |   |   | 6.49 |   |
|                                             |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-earning assets                      |   |                             | 13,192  |   |   |   |   |   |   |   |   |   |   |   | 6,013 |   |   |   |   |   |   |   |   |   |
| Total assets                                     |   | $                                | 154,666 |   |   |   |   |   |   |   |   |   |   | $ | 143,840 |   |   |   |   |   |   |   |   |   |
|                                             |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities and stockholders’ equity:      |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                    |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing demand deposits                 |   | $                                | 6,330   |   |   |   | 3 |   |   |   | 0.19 |   |   | $ | 6,268 |   |   |   | 5 |   |   |   | 0.32 |   |
| Money market accounts                            |   |                             | 10,936  |   |   |   | 25 |   |   |   | 0.91 |   |   |   | 13,212 |   |   |   | 53 |   |   |   | 1.60 |   |
| Savings accounts                                 |   |                             | 16,248  |   |   |   | 24 |   |   |   | 0.59 |   |   |   | 14,854 |   |   |   | 20 |   |   |   | 0.54 |   |
| Certificates of deposit                          |   |                             | 79,274  |   |   |   | 390 |   |   |   | 1.97 |   |   |   | 67,321 |   |   |   | 467 |   |   |   | 2.77 |   |
| Borrowings                                       |   |                             | 542     |   |   |   | 2 |   |   |   | 1.48 |   |   |   | 3,655 |   |   |   | 22 |   |   |   | 2.41 |   |
| Total interest-bearing liabilities               |   |                             | 113,330 |   |   |   | 444 |   |   |   | 1.57 |   |   |   | 105,310 |   |   |   | 567 |   |   |   | 2.15 |   |
|                                             |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-bearing demand deposits             |   |                             | 19,383  |   |   |   |   |   |   |   |   |   |   |   | 17,261 |   |   |   |   |   |   |   |   |   |
| Other non-interest-bearing liabilities           |   |                             | 2,781   |   |   |   |   |   |   |   |   |   |   |   | 2,246 |   |   |   |   |   |   |   |   |   |
| Total liabilities                                |   |                             | 135,494 |   |   |   |   |   |   |   |   |   |   |   | 124,817 |   |   |   |   |   |   |   |   |   |
|                                             |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stockholders’ equity                       |   |                             | 19,172  |   |   |   |   |   |   |   |   |   |   |   | 19,023 |   |   |   |   |   |   |   |   |   |
| Total liabilities and stockholders’ equity |   | $                                | 154,666 |   |   |   |   |   |   |   |   |   |   | $ | 143,840 |   |   |   |   |   |   |   |   |   |
|                                             |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net interest income                              |   |                             |    |   |   | $ | 1,586 |   |   |   |   |   |   |   |   |   |   | $ | 1,668 |   |   |   |   |   |
| Interest rate spread                             |   |                             |    |   |   |   |   |   |   |   | 4.17 |   |   |   |   |   |   |   |   |   |   |   | 4.34 |   |
| Net interest margin                              |   |                             |    |   |   |   |   |   |   |   | 4.48 |   |   |   |   |   |   |   |   |   |   |   | 4.84 |   |
| Average interest-earning assets to               |   |                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| average interest-bearing liabilities             |   |                             | 124.83  | % |   |   |   |   |   |   |   |   |   |   | 130.88 | % |   |   |   |   |   |   |   |   |

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|                                             |   | Nine Months Ended September 30, |    |
|--------------------------------------------------|--------|---------------------------------|---------|
|                                             |   | 2009                            |    |   | 2008 |   |
| (Dollars in thousands)                           |   | AverageBalance                  |    |   | InterestandDividends |   |   | Yield/Cost |   |   | AverageBalance |   |   | InterestandDividends |   |   | Yield/Cost |   |
| Assets:                                          |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:                         |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans                                            |   | $                               | 138,581 |   |   | $ | 6,183 |   |   |   | 5.95 | % |   | $ | 125,938 |   |   | $ | 6,415 |   |   |   | 6.79 | % |
| Investment securities                            |   |                            | 2,388   |   |   |   | 53 |   |   |   | 2.96 |   |   |   | 2,629 |   |   |   | 84 |   |   |   | 4.26 |   |
| Other interest-earning assets                    |   |                            | 1,618   |   |   |   | 17 |   |   |   | 1.40 |   |   |   | 3,076 |   |   |   | 67 |   |   |   | 2.90 |   |
| Total interest-earning assets                    |   |                            | 142,587 |   |   |   | 6,253 |   |   |   | 5.85 |   |   |   | 131,643 |   |   |   | 6,566 |   |   |   | 6.65 |   |
|                                             |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-earning assets                      |   |                            | 10,134  |   |   |   |   |   |   |   |   |   |   |   | 5,861 |   |   |   |   |   |   |   |   |   |
| Total assets                                     |   | $                               | 152,721 |   |   |   |   |   |   |   |   |   |   | $ | 137,504 |   |   |   |   |   |   |   |   |   |
|                                             |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities and stockholders’ equity:      |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                    |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing demand deposits                 |   | $                               | 6,618   |   |   |   | 11 |   |   |   | 0.22 |   |   | $ | 6,181 |   |   |   | 14 |   |   |   | 0.30 |   |
| Money market accounts                            |   |                            | 10,973  |   |   |   | 81 |   |   |   | 0.98 |   |   |   | 11,855 |   |   |   | 151 |   |   |   | 1.70 |   |
| Savings accounts                                 |   |                            | 15,456  |   |   |   | 68 |   |   |   | 0.59 |   |   |   | 14,472 |   |   |   | 61 |   |   |   | 0.56 |   |
| Certificates of deposit                          |   |                            | 77,583  |   |   |   | 1,373 |   |   |   | 2.36 |   |   |   | 65,091 |   |   |   | 1,601 |   |   |   | 3.28 |   |
| Borrowings                                       |   |                            | 2,495   |   |   |   | 22 |   |   |   | 1.18 |   |   |   | 2,348 |   |   |   | 43 |   |   |   | 2.44 |   |
| Total interest-bearing liabilities               |   |                            | 113,125 |   |   |   | 1,555 |   |   |   | 1.83 |   |   |   | 99,947 |   |   |   | 1,870 |   |   |   | 2.49 |   |
|                                             |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-interest-bearing demand deposits             |   |                            | 18,335  |   |   |   |   |   |   |   |   |   |   |   | 16,777 |   |   |   |   |   |   |   |   |   |
| Other non-interest-bearing liabilities           |   |                            | 2,170   |   |   |   |   |   |   |   |   |   |   |   | 1,954 |   |   |   |   |   |   |   |   |   |
| Total liabilities                                |   |                            | 133,630 |   |   |   |   |   |   |   |   |   |   |   | 118,678 |   |   |   |   |   |   |   |   |   |
|                                             |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stockholders’ equity                       |   |                            | 19,091  |   |   |   |   |   |   |   |   |   |   |   | 18,826 |   |   |   |   |   |   |   |   |   |
| Total liabilities and stockholders’ equity |   | $                               | 152,721 |   |   |   |   |   |   |   |   |   |   | $ | 137,504 |   |   |   |   |   |   |   |   |   |
|                                             |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net interest income                              |   |                            |    |   |   | $ | 4,698 |   |   |   |   |   |   |   |   |   |   | $ | 4,696 |   |   |   |   |   |
| Interest rate spread                             |   |                            |    |   |   |   |   |   |   |   | 4.02 |   |   |   |   |   |   |   |   |   |   |   | 4.16 |   |
| Net interest margin                              |   |                            |    |   |   |   |   |   |   |   | 4.39 |   |   |   |   |   |   |   |   |   |   |   | 4.76 |   |
| Average interest-earning assets to               |   |                            |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| average interest-bearing liabilities             |   |                            | 126.04  | % |   |   |   |   |   |   |   |   |   |   | 131.71 | % |   |   |   |   |   |   |   |   |

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|   | 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). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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SIG

|                     | HOMETOWN BANCORP, INC.                       |
|--------------------------|----------------------------------------------|
|                     |                                         |
|                     |                                         |
| Dated: November 16, 2009 | By: /s/ Thomas F. Gibney                     |
|                     | Thomas F. Gibney                             |
|                     | President and Chief Executive Officer        |
|                     | (principal executive officer)                |
|                     |                                         |
|                     |                                         |
|                     |                                         |
| Dated: November 16, 2009 | By: /s/ Stephen W. Dederick                  |
|                     | Stephen W. Dederick                          |
|                     | Vice President and                           |
|                     | Chief Financial Officer                      |
|                     | (principal financial and accounting officer) |

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