Asheville Savings Bank

Financial Statement


Statement of Condition
March 31, 2010

Assets
Mortgage Loans and Contracts $483,875,972
Non-Mortgage Loans 95,749,526
Real Estate Owned 4,089,657
Cash and Investments 142,392,384
Fixed Assets, Net 14,766,338
Other Assets 20,356,614
TOTAL ASSETS $761,230,491

Liabilities and Capital
Deposits $618,901,951
FHLB Advances 60,000,000
Other Borrowed Money 1,492,049
Other Liabilities 6,744,179
Equity Capital 74,092,312
TOTAL LIABILITIES & CAPITAL $761,230,491

This statement has not been reviewed or confirmed for accuracy or relevance by the Federal Deposit Insurance Corporation. March 31, 2010.