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First Federal Yamhill County Oregon
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FIRST FEDERAL

MCMINNVILLE, OREGON

Statement of Condition

For Year Ended September 30, 2007



ASSETS Sept. 30, 2007 Sept. 30, 2006
Real Estate Loans $238,139,228 $210,034,007
Consumer & Home Improvement Loans 31,817,573 28,564,000
Loans on Savings Accounts 173,884 125,850
Real Estate Owned & in Judgment 0 0
Investments & Securities 23,702,195 43,071,619
Cash on Hand & in Banks 7,276,589 8,925,793
Fixed Assets Less Depreciation 3,312,161 3,524,635
Deferred Charges & Other Assets 4,231,049 4,073,155
Total $308,652,679 $298,319,059
LIABILITIES & EQUITY
Savings Accounts $259,084,368 $248,215,117
Advances-Federal Home Loan Bank 1,000,000 5,000,000
Other Borrowed Money -0- -0-
Other Liabilities 1,960,788 1,534,370
General Reserves & Surplus 46,607,523 43,569,572
Total $308,652,679 $298,319,059

OUR "86th" YEAR IN YAMHILL COUNTY

The Savings Association Insurance Fund, an agency of the United States Government, insures all depositors up to $100,000 in accordance with the rules and regulations of the FDIC.

This statement has been prepared in accordance with Generally Accepted Accounting Principles (GAAP).

If you would like more financial information on First Federal, click here to access the FDIC's website database.