Ocean Shore Holding Co. - FORM 8-K/A - EX-99.2

CBHC Financialcorp, Inc.

Unaudited Consolidated Statement of Condition

( in thousands)

	December 31, 2010			June 30, 2011
ASSETS
Cash and due from banks	$	12,452		$	14,109
Federal funds sold		22,270			21,844
Cash and cash equivalents		35,722			35,953
Certificates of Deposit
Investment securities available for sale
Investment securities held to maturity		7,772			7,021
Loans receivable		89,540			85,681
Allowance for loan losses		(926	)		(926	)
Loan Charge Offs
Net Loans		88,614			84,755
Bank properties and equipment, net		1,955			1,908
Accrued interest receivable		353			333
Deferred taxes		267			267
Other assets		1,436			787

TOTAL ASSETS:	$	136,119		$	131,025

LIABILITIES AND SHAREHOLDER'S EQUITY
Deposits:
Demand - non interest bearing	$	6,680		$	7,203
Demand - interest bearing		32,375			32,628
Savings		16,993			16,019
Time		68,771			63,243
Total Deposits		124,819			119,094
Advances from borrowers for insurance and taxes		470			526
Other liabilities		1,879			1,618
Total liabilities		127,168			121,238

SHAREHOLDER'S EQUITY
Common Stock		8			8
Surplus		7,492			8,030
Retained Earnings		326			1,449
Current year earnings		1,125			300
Dividends Declared		-			-
Accumulated Other Comprehensive Gain/(Loss)		-			-
Total shareholder's equity		8,951			9,787

TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY	$	136,119		$	131,025

CBHC Financialcorp, Inc.

Unaudited Consolidated Statement of Income

( in thousands)	Six Months			Six Months
	Ending			Ending
	June 30, 2010			June 30, 2011
INTEREST INCOME:
Interest and Fees on Loans	$	2,776		$	2,500
Interest on Investment Securities		-			-
Held to maturity		461			224
Available for Sale		111
Non-Taxable
Other Interest Income		14			24
Total Interest Income		3,362			2,748
INTEREST EXPENSE:
Interest on Deposits		861			682
Interest on Borrowed Funds		40			40
Total Interest expense		901			722
Net Interest Income		2,462			2,062
Provision for Loan Losses		135
Net Interest Income after
Provision for Loan Losses		1,489			2,026
Other Income:
Service Charges on Deposit Accounts		41			26
Other Operating Income		31			20
Realized G/L on Securities AFS		(31	)
Total Other Income		42			46
Other Expenses:
Salaries and Employee Benefits		770			789
Net Occupancy Expense		144			146
Equipment Costs		36			34
Data and item processing		177			170
Advertising and marketing		15			12
Office supplies, communications and postage		30			22
Professional fees		144			110
Other Operating Expenses		63			255
Total Other Expenses		1,379			1,538

Income Before Income Taxes		989			534
Income Taxes		415			235
NET INCOME	$	574		$	299

CBHC Financialcorp, Inc.

Unaudited Consolidated Statement of Shareholder's Equity

(in thousands)

							Accumulated
	Common				Accumulated		Other Comp
	Stock		Surplus		(Deficit)/Earnings		Income	Total
BALANCE DECEMBER 31, 2010	$	8	$	7,492	$	1,451	$	$	8,951

Net Income						151			151

Other comprehensive income, net Unrealized gains on securities available for sale occurring during the period

BALANCE MARCH 31, 2011	$	8	$	7,492	$	1,602	$	$	9,102

Net Income				538		147			685

Other comprehensive income, net unrealized gains on securities available for sale occurring during the period

BALANCE JUNE 30, 2011	$	8	$	8,030	$	1,749	$	$	9,787

CBHC Financialcorp, Inc.

Unaudited Consolidated Statements of Cash Flows

(in thousands)

	Six			Six
	Months Ending			Months Ending
	June 30, 2010			June 30, 2011
Cash flows from operating activities:
Net income (loss)	$	574		$	299
Adjustments to reconcile net income (loss) to net cash
Provided by operating activities:
Provision for loan losses		135
Depreciation		52			47

Amortization of securities premiums/discounts, net		(1	)
Net realized (gain) loss on sale of securities		18
Accrued interest receivable		37			21
Other assets		(26	)		503
Accrued expenses and other liabilities		163			363
Net cash provided by operating activities		952			1,233

Cash flows from investing activities:
Proceeds from maturities/paydowns of securities HTM		4,068			890
Purchase of securities HTM
Purchase of securities AFS		-			-
Purchase of FHLB stock					17
Net increase in loans		3,634			3,769
Purchase of premises and equipment
Net cash used in investing activities		7,702			4,676

Cash flows from financing activities:
Net increase in deposits		2,238			(5,735	)
Net increase in advances from borrowers for insurance and taxes		(35	)		57
Net cash provided by financing activities		2,203			(5,678	)

Increase (decrease) in cash and cash equivalents		10,857			231

Cash and cash equivalents at beginning of year		9,027			35,722
Cash and cash equivalents at end of year	$	19,884		$	35,953

Cash Paid during the year for:
Interest	$	522		$	353
Income taxes	$	64		$	110

Ocean Shore Holding Co. - FORM 8-K/A - EX-99.2 - October 14, 2011