First M&F Corporation
Condensed Consolidated Statements of Condition (Unaudited)
(In thousands, except share data)
	December 31	December 31
	2005	2004
Cash and due from banks	56,398	40,376
Interest bearing bank balances	3,021	5,105
Federal funds sold	3,700	3,550
Securities available for sale (cost of
$186,242 and $172,808)	185,071	175,654
Loans held for sale	5,704	12,236
Loans	933,080	832,486
Allowance for loan losses	12,449	11,619
Net loans	920,631	820,867
Bank premises and equipment	29,420	26,497
Accrued interest receivable	9,101	7,126
Other real estate	2,544	2,816
Goodwill	16,348	16,348
Other intangible assets	358	413
Other assets	34,822	31,724
Total assets	1,267,118	1,142,712
Non-interest bearing deposits	164,189	137,728
Interest bearing deposits	809,482	739,536
Total deposits	973,671	877,264
Federal funds and repurchase agreements	18,062	16,808
Other borrowings	148,534	128,838
Accrued interest payable	2,717	1,728
Other liabilities	6,736	5,605
Total liabilities	1,149,720	1,030,243
Noncontrolling interest in subsidiaries	21	1
Common stock, 4,495,159 and 4,506,159
shares issued & outstanding	22,476	22,531
Additional paid-in capital	29,340	29,587
Nonvested restricted stock awards	86	-
Retained earnings	68,058	60,113
Accumulated other comprehensive income	(2,583)	237
Total equity	117,377	112,468
Total liabilities & equity	1,267,118	1,142,712