Investor Relations AMERICAN COMMUNITY BANCORP, INC. CONSOLIDATED BALANCE SHEETS       (Unaudited)     June 30,     2005     December 31,     2004     (Unaudited)     June 30,     2004   ASSETS Cash and due from banks $     4,596,181 $     3,412,850 $     8,323,233 Interest bearing balances with banks - 2,406,076 1,454,880 Federal funds sold 4,591,000 2,412,000 -     Total cash and cash equivalents 9,187,181 8,230,926 9,778,113 Securities available for sale, at fair value 12,263,604 13,602,753 15,506,292 Nonmarketable equity securities 760,250 677,000 629,850   Loans, net of deferred fees 165,627,701 137,587,122 115,998,929 Allowance for loan losses (2,501,100) (2,116,000) (1,745,000) Net loans 163,126,601 135,471,122 114,253,929   Premises and equipment 5,590,457 5,602,767 5,624,633 Other assets 1,846,501 2,049,534 1,696,503     Total assets $     192,774,594 $     165,634,102 $     147,489,320   LIABILITIES AND SHAREHOLDERS' EQUITY LIABILITIES: Deposits           Non-interest bearing $     16,628,582 $     13,427,677 $     12,608,265     NOW, MMDA and Savings 65,552,582 62,365,634 61,158,197     Time deposits 89,414,071 73,953,590 55,466,030     Total deposits 171,595,235 149,746,901 129,232,492 Federal funds purchased & other borrowed funds - 500,000 4,664,000 Accrued expenses and other liabilities 284,837 441,468 305,161     Total liabilities 176,880,072 150,688,369 134,201,653   SHAREHOLDERS' EQUITY: Common stock, no par value, 3,000,000 shares authorized;     issued and outstanding 1,593,667, 1,582,417 and 1,499,042 15,657,937 15,536,687 14,519,877 Undivided profits (accumulated deficit) 300,781 (543,881) (1,081,485) Accumulated other comprehensive income (loss) (64,196) (47,073) (150,725)     Total shareholders' equity 15,894,522 14,945,733 13,287,667     Total liabilities and shareholders' equity $     192,774,594 $     165,634,102 $     147,489,320