Tower Financial Corp (TOFC) Balance Sheet

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Cash and due from banks	37.68M
Short-term investments and interest-earning deposits	1.44M
Federal funds sold	3.05M
Total cash and cash equivalents	42.17M
Long-term interest earning deposits	603.68K
Securities available for sale, at fair value	143.55M
FHLB and FRB stock	3.81M
Loans held for sale	2.17M
Loans	455.8M
Allowance for loan losses	-5.72M
Net loans	450.08M
Premises and equipment, net	8.58M
Accrued interest receivable	2.69M
Bank owned life insurance	21.07M
Other real estate owned (OREO)	2.15M
Prepaid FDIC Insurance	0
Other assets	13.43M
Total assets	690.55M
Noninterest-bearing	110.72M
Interest-bearing	487.68M
Total deposits	598.4M
Federal Home Loan Bank (FHLB) advances	5.5M
Junior subordinated debt	17.53M
Accrued interest payable	103.94K
Other liabilities	5.77M
Total liabilities	627.3M
Preferred stock, no par value, 4,000,000 shares authorized; 0 shares and 7,750 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively
Common stock and paid-in-capital, no par value, 6,000,000 shares authorized;4,917,761 and 4,789,023 issued; and 4,852,761 and 4,724,023 shares outstanding at June 30, 2011 and December 31, 2010
Treasury stock, at cost, 65,000 shares at June 30, 2011and December 31, 2010	-3.48M
Retained earnings	23.42M
Accumulated other comprehensive income, net of tax of $1,058,692 at June 30, 2011 and $548,730 at December 31, 2010	-1.73M
Total stockholders' equity	63.25M
Total liabilities and stockholders' equity	690.55M

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