Weststar Financial Services Corporation is a bank holding company for The Bank of Asheville (the Bank). As of December 31, 2009, the Company did not engage in any business activities on its own. It only owns the Bank, which engages in the commercial banking business. The Bank�s loan portfolio consists of real estate-construction loans, commercial, financial, and agricultural loans, and consumer loan. At December 31, 2009, securities carried at market value totaled $25,046,500, with amortized costs of $24,613,580. All investment securities are available for sale. The Company invests in residential mortgage-backed securities, the United States Government agencies, residential mortgage-backed securities United States Government agencies securities and municipal bonds.