Statement of Condition as of September 30, 2007
ASSETS
Loans $76,573,336
Cash on Hand and in Bank $3,610,386
U.S. Government and other securities $109,623,208
Office Properties and Equipment $4,733,013
Real Estate Owned $322,856
Federal Home Loan Bank $1,762,500
Other Assets $7,612,066
TOTAL ASSETS $204,237,365
 
LIABILITIES
Savings Capital $176,666,401
Other Liabilities $4,343,943
TOTAL LIABILITIES $181,010,344
 
EQUITY CAPITAL
General Reserves $3,522,000
Surplus $19,705,021
TOTAL GENERAL RESERVES AND SURPLUS                     $23,227,021
 
TOTAL LIABILITIES AND EQUITY CAPITAL $204,237,365

       This statement has been prepared in accordance with the regulatory requirements of the Office of Thrift Supervision (OTS). Home Federal Savings and Loan meets all capital requirements as follows: Tier 1 Leverage Capital was $22,978,000 exceeding the required 4% of assets; Risk-Based Capital was $23,134,000 exceeding the required 8% of risk-adjusted assets. Regulatory capital is a basis by which the OTS determines whether a savings association is operating in a safe and sound manner.