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Financial Highlights

Trend Analysis--Quarterly (click here for Annual Analysis)

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Balance Sheet ($000)
	2009 Q3	2008 Q3	Y-Y Ch (%)	2009 Q2	Q-Q Ch (%)^†
Loans Held for Investment, before Reserves	2,224,366	2,265,413	(1.81)	2,256,923	(5.77)
Loans Held for Sale, before Reserves	2,285	4,547	(49.75)	12,940	(329.37)
Loan Loss Reserve	70,114	32,634	114.85	38,978	319.52
Net Loans Receivable	2,156,537	2,237,326	(3.61)	2,230,885	(13.33)
Intangible Assets	0	0	0.00	0	0.00
Total Assets	2,734,112	2,661,688	2.72	2,699,494	5.13
Deposits	2,234,804	2,155,842	3.66	2,191,473	7.91
Debt, Senior and Subordinated	276,524	313,745	(11.86)	256,659	30.96
Common Equity	152,364	178,357	(14.57)	179,746	(60.93)
Total Shareholders' Equity	215,994	178,357	21.10	243,013	(44.47)
Shares Outstanding (actual)	26,695,810	26,566,711	0.49	26,693,074	0.04

Income Statement ($000)
	2009 Q3	2008 Q3	Y-Y Ch (%)	2009 Q2	Q-Q Ch (%)^†
Net Interest Income	23,404	21,909	6.82	22,000	25.53
Provision for Loan Losses	49,000	8,300	490.36	18,423	663.89
Noninterest Income	1,792	1,597	12.21	2,057	(51.53)
Noninterest Expense	22,007	11,258	95.48	12,386	310.71
Net Income Before Taxes	(46,091)	3,948	NM	(8,060)	1,887.39
Provision for Taxes	(16,204)	1,275	NM	(2,876)	1,853.69
Net Income	(29,887)	2,673	NM	(5,184)	1,906.10

Per Share Items ($)
	2009 Q3	2008 Q3	Y-Y Ch (%)	2009 Q2	Q-Q Ch (%)^†
Book Value per Share	5.71	6.71	(14.94)	6.73	(60.97)
Tangible Book Value	5.71	6.71	(14.94)	6.73	(60.97)
Diluted EPS Before Extra	(1.17)	0.10	NM	(0.24)	1,550.00
Diluted EPS After Extra	(1.17)	0.10	NM	(0.24)	1,550.00
Dividends Declared	0.0000	0.0000	0.00	0.0000	0.00

Performance Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
ROAA	(4.34)	0.40	(474)	(0.77)	(357)
ROAE	(49.33)	5.98	(5,531)	(8.36)	(4,097)
Net Interest Margin	3.52	3.38	14	3.35	17
Loans / Deposits	99.53	105.08	(555)	102.99	(345)
Efficiency Ratio	52.11	47.89	422	56.70	(459)

Balance Sheet Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
Tangible Equity/ Tangible Assets	7.90	6.70	120	9.00	(110)
Equity/ Assets	7.90	6.70	120	9.00	(110)
Asset Quality Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
Nonperforming Assets/ Assets	4.45	2.92	153	4.98	(53)
Loan Loss Reserves/ Gross Loans	3.15	1.44	171	1.72	143
Loan Loss Reserves/ NPAs	57.66	42.01	1,565	23.46	3,420
Net Charge-offs/ Avg Loans	3.15	0.31	284	2.95	20

Regulatory Capital Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
Tier 1 Capital Ratio	11.53	10.21	132	12.72	(119)

^† Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

*	Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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