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million. Our loan portfolio, consisting of 1,240 reached $204 million, setting a record. Deposits, comprisec of 6,984 accounts, totaled $216.7 million. Growthu in assets of 6.5%, in loanzs of nearly 15% and in deposits of 12.5% over the twelve montnh period endingDecember 31, 2007 is quite especially in light of the increased competition in the banking and financial sector throughout Northeast Florida.
Oceanside Bank is a highly-regardede corporate citizen with a genuines concern for the growthand well-being of our Our focus toward development of relationship banking, specializing in real estatw and consumer and small business lending and related deposi services, has served us very well since the inceptionb of the bank. As evidenced by the growthb and profitability numbers stated 2007 was no exception and we look forward to the challengesd and opportunities facing usin 2008. We encouragee you to visit our banking offices and discover banking the OceansidrBank way. You will find we are "Your kind of Your kind of bank.
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