|   | SECURITIES      AND EXCHANGE COMMISSION |
|--------|-----------------------------------------|

| x | QUARTERLY      REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|----------------------------------------------------------------------------------------------|

| FOR      THE QUARTERLY PERIOD ENDED: | March      31, 2009       |
|--------------------------------------|---------------------------|
|                                 | ------------------------- |

| o | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|-----------------------------------------------------------------------------------------------------|

| COMMISSION      FILE NUMBER: | 000-50224          |
|------------------------------|--------------------|
|                         | ------------------ |

| MISSISSIPPI                                              | 64-0681198                                                 |
|----------------------------------------------------------|------------------------------------------------------------|
|  (STATE      OF INCORPORATION)                      | (I.      R. S. EMPLOYER IDENTIFICATION NO.)                |
|                                                     |                                                       |
| 295      HIGHWAY 6 WEST/ P. O. BOX 690                   |                                                       |
| BATESVILLE,      MISSISSIPPI                             | 38606                                                      |
| -------------------------------------------------------- | ---------------------------------------------------------- |
| (ADDRESS      OF PRINCIPAL                               | (ZIP      CODE)                                            |
| EXECUTIVE      OFFICES)                                  |                                                       |

----

| TITLE                              | OUTSTANDING |
|------------------------------------|-------------|
| COMMON      STOCK, $5.00 PAR VALUE | 2,882,809   |

----

| TABLE      OF CONTENTS |
|------------------------|
|                   |   |   |
| PART      I.           | FINANCIAL      INFORMATION |   |
|                   |   |   |
| Item      1.           | Consolidated      Financial Statements |   |
|                   |   |   |
|                   | Consolidated      Balance Sheets |   |
|                   | March      31, 2009 (unaudited) and December 31, 2008 |   |
|                   |   |   |
|                   | Consolidated      Statements of Income |   |
|                   | Three      months ended March 31, 2009 and 2008 (unaudited) |   |
|                   |   |   |
|                   | Consolidated      Statements of Comprehensive Income |   |
|                   | Three      months ended March 31, 2009 and 2008 (unaudited) |   |
|                   |   |   |
|                   | Consolidated      Statements of Cash Flows |   |
|                   | Three      months ended March 31, 2009 and 2008 (unaudited) |   |
|                   |   |   |
|                   | Notes      to Consolidated Financial Statements |   |
|                   |   |   |
| Item      2.           | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations |   |
|                   |   |   |
| Item      3.           | Quantitative      and Qualitative Disclosures about Market Risk |   |
|                   |   |   |
| Item      4.           | Controls      and Procedures |   |
|                   |   |   |
|                   |   |   |
| PART      II.          | OTHER      INFORMATION |   |
|                   |   |   |
| Item      1.           | Legal      Proceedings |   |
|                   |   |   |
| Item      1A.          | Risk      Factors |   |
|                   |   |   |
| Item      2.           | Changes      in Securities |   |
|                   |   |   |
| Item      3.           | Defaults      upon Senior Securities |   |
|                   |   |   |
| Item      4.           | Submission      of Matters to a Vote of Security Holders |   |
|                   |   |   |
| Item      5.           | Other      Information |   |
|                   |   |   |
| Item      6.           | Exhibits      and Reports on Form 8-K |   |

----

|   |   |
|--------|--------|

| SECURITY CAPITAL CORPORATION                                         |   |
|----------------------------------------------------------------------|--------|
| CONSOLIDATED      BALANCE SHEETS                                     |   |
| (dollar      amounts presented in thousands)                         |   |
|                                                                 |   | (Unaudited) |   |   |   |   |
|                                                                 |   | March      31, |   |   | Dec.      31, |   |
|                                                                 |   | 2009 |   |   | 2008 |   |
| ASSETS                                                               |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   |   |
| Cash      and due from banks                                         |   | $ | 24,105 |   |   | $ | 16,953 |   |
| Interest-bearing      deposits with banks                            |   |   | 202 |   |   |   | 395 |   |
|    Total      cash and cash equivalents               |   |   | 24,307 |   |   |   | 17,348 |   |
| Federal      funds sold                                              |   |   | 21,500 |   |   |   | - |   |
| Term      deposits with other banks                                  |   |   | 198 |   |   |   | 198 |   |
| Securities      available-for-sale                                   |   |   | 70,106 |   |   |   | 69,890 |   |
| Securities      held-to-maturity, estimated fair value of            |   |   | 5,145 |   |   |   | 5,375 |   |
|    $5,386      in 2009 and $5,331 in 2008             |   |   |   |   |   |   |   |   |
| Securities,      other                                               |   |   | 2,221 |   |   |   | 2,218 |   |
|    Total      securities                              |   |   | 77,472 |   |   |   | 77,483 |   |
| Loans,      less allowance for loan losses of                        |   |   |   |   |   |   |   |   |
|    $3,750      in 2009 and $3,675 in 2008             |   |   | 294,181 |   |   |   | 306,678 |   |
| Interest      receivable                                             |   |   | 3,283 |   |   |   | 3,733 |   |
| Premises      and equipment                                          |   |   | 25,040 |   |   |   | 24,548 |   |
| Other      real estate                                               |   |   | 16,417 |   |   |   | 14,046 |   |
| Intangible      assets                                               |   |   | 3,874 |   |   |   | 3,874 |   |
| Cash      surrender value of life insurance                          |   |   | 6,340 |   |   |   | 6,286 |   |
| Other      assets                                                    |   |   | 6,982 |   |   |   | 8,291 |   |
| Total      Assets                                                    |   | $ | 479,594 |   |   | $ | 462,485 |   |
| LIABILITIES      AND SHAREHOLDERS' EQUITY                            |   |   |   |   |   |   |   |   |
| Liabilities:                                                         |   |   |   |   |   |   |   |   |
|    Noninterest-bearing      deposits                  |   | $ | 62,471 |   |   | $ | 59,670 |   |
|    Time      deposits of $100,000 or more             |   |   | 59,199 |   |   |   | 57,598 |   |
|    Other      interest-bearing deposits               |   |   | 263,375 |   |   |   | 240,215 |   |
|       Total      deposits              |   |   | 385,045 |   |   |   | 357,483 |   |
|    Interest      payable                              |   |   | 807 |   |   |   | 1,017 |   |
|    Federal      funds purchased                       |   |   | - |   |   |   | 8,000 |   |
|    Borrowed      funds                                |   |   | 30,963 |   |   |   | 33,929 |   |
|    Other      liabilities                             |   |   | 5,516 |   |   |   | 6,077 |   |
| Total      Liabilities                                               |   |   | 422,331 |   |   |   | 406,506 |   |
| Shareholders'      equity:                                           |   |   |   |   |   |   |   |   |
|    Common      stock - $5 par value, 5,000,000 shares |   |   |   |   |   |   |   |   |
|    authorized,      2,890,811 shares issued in 2009   |   |   |   |   |   |   |   |   |
|    and      2008                                      |   |   | 14,454 |   |   |   | 14,454 |   |
| Surplus                                                              |   |   | 41,061 |   |   |   | 40,723 |   |
| Retained      Earnings                                               |   |   | 554 |   |   |   | 167 |   |
| Accumulated      other comprehensive income                          |   |   | 1,234 |   |   |   | 676 |   |
| Treasury      stock, at par, 8,002 shares and 8,152                  |   |   |   |   |   |   |   |   |
|    shares      in 2009 and 2008, respectively         |   |   | (40 | ) |   |   | (41 | ) |
| Total      Shareholders' Equity                                      |   |   | 57,263 |   |   |   | 55,979 |   |
|                                                                 |   |   |   |   |   |   |   |   |
| Total      Liabilities and Shareholders' Equity                      |   | $ | 479,594 |   |   | $ | 462,485 |   |
|                                                                 |   |   |   |   |   |   |   |   |

----

| SECURITY      CAPITAL CORPORATION                   |   |
|-----------------------------------------------------|--------|
| CONSOLIDATED      STATEMENTS OF INCOME              |   |
| (dollar      amounts presented in thousands)        |   |
|                                                |   | (Unaudited) |   |
|                                                |   | For      the three months |   |
|                                                |   | ended      March 31, |   |
|                                                |   | 2009 |   |   | 2008 |   |
|                                                |   |   |   |   |   |   |
| INTEREST      INCOME                                |   |   |   |   |   |   |
| Interest      and fees on loans                     |   | $ | 4,599 |   |   | $ | 6,822 |   |
| Interest      and dividends on securities           |   |   | 861 |   |   |   | 912 |   |
| Federal      funds sold                             |   |   | 4 |   |   |   | 48 |   |
| Other                                               |   |   | 4 |   |   |   | 91 |   |
|    Total      interest income        |   |   | 5,468 |   |   |   | 7,873 |   |
|                                                |   |   |   |   |   |   |   |   |
| INTEREST      EXPENSE                               |   |   |   |   |   |   |   |   |
| Interest      on deposits                           |   |   | 1,126 |   |   |   | 2,540 |   |
| Interest      on borrowings                         |   |   | 226 |   |   |   | 204 |   |
| Interest      on federal funds purchased            |   |   | 2 |   |   |   | 14 |   |
|     Total      interest expense |   |   | 1,354 |   |   |   | 2,758 |   |
|                                                |   |   |   |   |   |   |   |   |
| Net      Interest Income                            |   |   | 4,114 |   |   |   | 5,115 |   |
|                                                |   |   |   |   |   |   |   |   |
| Provision      for loan losses                      |   |   | 778 |   |   |   | 573 |   |
|                                                |   |   |   |   |   |   |   |   |
| Net      interest income after provision            |   |   |   |   |   |   |   |   |
|   for      loan losses                    |   |   | 3,336 |   |   |   | 4,542 |   |
|                                                |   |   |   |   |   |   |   |   |
| OTHER      INCOME                                   |   |   |   |   |   |   |   |   |
| Service      charges on deposit accounts            |   |   | 1,166 |   |   |   | 1,285 |   |
| Trust      Department income                        |   |   | 218 |   |   |   | 266 |   |
| Securities      gains, net                          |   |   | - |   |   |   | 2 |   |
| Other      income                                   |   |   | 288 |   |   |   | 351 |   |
|    Total      other income           |   |   | 1,672 |   |   |   | 1,904 |   |
|                                                |   |   |   |   |   |   |   |   |
| OTHER      EXPENSES                                 |   |   |   |   |   |   |   |   |
| Salaries      and employee benefits                 |   |   | 2,617 |   |   |   | 2,700 |   |
| Occupancy      expense                              |   |   | 660 |   |   |   | 599 |   |
| Other      operating expense                        |   |   | 1,121 |   |   |   | 844 |   |
|    Total      other expenses         |   |   | 4,398 |   |   |   | 4,143 |   |
|                                                |   |   |   |   |   |   |   |   |
| INCOME      BEFORE PROVISION                        |   |   |   |   |   |   |   |   |
|    FOR      INCOME TAXES             |   |   | 610 |   |   |   | 2,303 |   |
|                                                |   |   |   |   |   |   |   |   |
| PROVISION      FOR INCOME TAXES                     |   |   | 56 |   |   |   | 626 |   |
|                                                |   |   |   |   |   |   |   |   |
| NET      INCOME                                     |   | $ | 554 |   |   | $ | 1,677 |   |
|                                                |   |   |   |   |   |   |   |   |
| BASIC      NET INCOME PER SHARE                     |   | $ | 0.19 |   |   | $ | 0.58 |   |
|                                                |   |   |   |   |   |   |   |   |

----

| SECURITY      CAPITAL CORPORATION                    |   |
|------------------------------------------------------|--------|
| CONSOLIDATED      STATEMENTS OF COMPREHENSIVE INCOME |   |
| (dollar      amounts presented in thousands)         |   |
|                                                 |   | (Unaudited) |   |
|                                                 |
|                                                 |   | For      the three months |   |
|                                                 |   | ended      March 31, |   |
|                                                 |   | 2009 |   |   | 2008 |   |
|                                                 |   |   |   |   |   |   |
| Net      income                                      |   | $ | 554 |   |   | $ | 1,677 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Other      comprehensive income, net of tax:         |   |   |   |   |   |   |   |   |
|                                                 |   |   |   |   |   |   |   |   |
|    Unrealized      holding gains      |   |   | 558 |   |   |   | 750 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Comprehensive      income                            |   | $ | 1,112 |   |   | $ | 2,427 |   |
|                                                 |   |   |   |   |   |   |   |   |

----

| SECURITY      CAPITAL CORPORATION                                                      |   |
|----------------------------------------------------------------------------------------|--------|
| CONSOLIDATED      STATEMENTS OF CASH FLOWS                                             |   |
| (dollar      amounts presented in thousands)                                           |   |
|                                                                                   |   | (Unaudited) |   |
|                                                                                   |   | Three      months ended |   |
|                                                                                   |   | March      31, |   |
|                                                                                   |   | 2009 |   |   | 2008 |   |
|                                                                                   |   |   |   |   |   |   |
|  CASH      FLOWS FROM OPERATING ACTIVITIES:                                       |   |   |   |   |   |   |
|  NET      INCOME                                                                  |   | $ | 554 |   |   | $ | 1,677 |   |
|  Adjustments      to reconcile net income to                                      |   |   |   |   |   |   |   |   |
|     net      cash provided by operating activities:                |   |   |   |   |   |   |   |   |
|     Provision      for loan losses                                 |   |   | 778 |   |   |   | 573 |   |
|     Amortization      of premiums and discounts on securities, net |   |   | 40 |   |   |   | 10 |   |
|     Depreciation      and amortization                             |   |   | 322 |   |   |   | 303 |   |
|     FHLB      stock dividend                                       |   |   | (2 | ) |   |   | (16 | ) |
|     Gain      on securities, net                                   |   |   | - |   |   |   | (2 | ) |
|     (Gain)      loss on sale/disposal of other assets              |   |   | (1 | ) |   |   | 68 |   |
|  Changes      in:                                                                 |   |   |   |   |   |   |   |   |
|     Interest      receivable                                       |   |   | 450 |   |   |   | 411 |   |
|     Cash      value of life insurance, net                         |   |   | (54 | ) |   |   | (55 | ) |
|     Other      assets                                              |   |   | 1,341 |   |   |   | (995 | ) |
|     Interest      payable                                          |   |   | (210 | ) |   |   | (175 | ) |
|     Other      liabilities                                         |   |   | (561 | ) |   |   | 2,192 |   |
|  Net      cash provided by operating activities                                   |   |   | 2,657 |   |   |   | 3,991 |   |
|                                                                                   |   |   |   |   |   |   |   |   |
|  CASH      FLOWS FROM INVESTING ACTIVITIES                                        |   |   |   |   |   |   |   |   |
|  Decrease      in loans                                                           |   |   | 9,079 |   |   |   | 1,712 |   |
|  Purchase      of securities available for sale                                   |   |   | (3,095 | ) |   |   | (6,905 | ) |
|  Proceeds      of maturities and calls of securities available for sale           |   |   | 3,500 |   |   |   | 970 |   |
|  Proceeds      of maturities and calls of securities held to maturity             |   |   | 230 |   |   |   | 220 |   |
|  Additions      to premises and equipment                                         |   |   | (783 | ) |   |   | (272 | ) |
|  Proceeds      from sale of other assets                                          |   |   | 271 |   |   |   | 246 |   |
|  Changes      in:                                                                 |   |   |   |   |   |   |   |   |
|     Federal      funds sold                                        |   |   | (21,500 | ) |   |   | (8,500 | ) |
|  Net      cash used in investing activities                                       |   |   | (12,298 | ) |   |   | (12,529 | ) |
|                                                                                   |   |   |   |   |   |   |   |   |
|  CASH      FLOWS FROM FINANCING ACTIVITIES                                        |   |   |   |   |   |   |   |   |
|  Changes      in:                                                                 |   |   |   |   |   |   |   |   |
|     Deposits                                                       |   |   | 27,562 |   |   |   | 21,332 |   |
|     Federal      Funds purchased                                   |   |   | (8,000 | ) |   |   | (4,000 | ) |
|  Reissuance      of treasury stock                                                |   |   | 4 |   |   |   | 2 |   |
|  Repayment      of debt                                                           |   |   | (3,456 | ) |   |   | (1,551 | ) |
|  Proceeds      from issuance of debt                                              |   |   | 490 |   |   |   | 10,855 |   |
|  Net      cash provided by financing activities                                   |   |   | 16,600 |   |   |   | 26,638 |   |
|                                                                                   |   |   |   |   |   |   |   |   |
|  Net      increase in cash and cash equivalents                                   |   |   | 6,959 |   |   |   | 18,100 |   |
|                                                                                   |   |   |   |   |   |   |   |   |
|  Cash      and cash equivalents at beginning of period                            |   |   | 17,348 |   |   |   | 19,806 |   |
|                                                                                   |   |   |   |   |   |   |   |   |
|  Cash      and cash equivalents at end of period                                  |   | $ | 24,307 |   |   | $ | 37,906 |   |
|                                                                                   |   |   |   |   |   |   |   |   |
|  Supplemental      Disclosures of Cash Flow Information                           |   |   |   |   |   |   |   |   |
|                                                                                   |   |   |   |   |   |   |   |   |
|  Cash      paid during the period for:                                            |   |   |   |   |   |   |   |   |
|     Interest                                                       |   | $ | 1,565 |   |   | $ | 2,933 |   |
|     Income      taxes                                              |   |   | - |   |   |   | - |   |

----

----

| Securities                                                          |   |
|---------------------------------------------------------------------|--------|
| Amortized      Cost and Fair Values                                 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                |   |   |   |   | Gross |   |   | Gross |   |   |   |   |
|                                                                |   | Amortized |   |   | Unrealized |   |   | Unrealized |   |   | Estimated |   |
|                                                                |   | Cost |   |   | Gains |   |   | Losses |   |   | Fair      Value |   |
|                                                                |   | (In      thousands) |   |
| March      31, 2009                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|    Securities      available-for-sale:               |   |   |   |   |   |   |   |   |   |   |   |   |
|       U.      S. Government agencies  |   | $ | 996 |   |   | $ | 66 |   |   | $ | - |   |   | $ | 1,062 |   |
|       Mortgage-backed      securities |   |   | 36,366 |   |   |   | 1,361 |   |   |   | 2 |   |   |   | 37,725 |   |
|       State      and local political  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          subdivisions  |   |   | 30,772 |   |   |   | 644 |   |   |   | 99 |   |   |   | 31,317 |   |
|       Other      equity securities    |   |   | 4 |   |   |   | - |   |   |   | 2 |   |   |   | 2 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                |   | $ | 68,138 |   |   | $ | 2,071 |   |   | $ | 103 |   |   | $ | 70,106 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Securities      held-to maturity:                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       State      and local political  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          subdivisions  |   | $ | 5,145 |   |   | $ | 241 |   |   | $ | - |   |   | $ | 5,386 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| December      31, 2008:                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Securities      available-for-sale:               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       U.      S. Government agencies  |   | $ | 995 |   |   | $ | 80 |   |   | $ | - |   |   | $ | 1,075 |   |
|       Mortgage-backed      securities |   |   | 36,551 |   |   |   | 983 |   |   |   | - |   |   |   | 37,534 |   |
|       State      and local political  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          subdivisions  |   |   | 31,263 |   |   |   | 270 |   |   |   | 255 |   |   |   | 31,278 |   |
|       Other      equity securities    |   |   | 4 |   |   |   | - |   |   |   | 1 |   |   |   | 3 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                |   | $ | 68,813 |   |   | $ | 1,333 |   |   | $ | 256 |   |   | $ | 69,890 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Securities      held-to maturity:                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       State      and local political  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          subdivisions  |   | $ | 5,375 |   |   | $ | 50 |   |   | $ | 94 |   |   | $ | 5,331 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| Major      classifications of loans were as follows: |   |                |    |   |         |   |
|------------------------------------------------------|--------|---------------------|---------|--------|--------------|--------|
|                                                 |   | March 31,           |    |   | December 31, |   |
|                                                 |   | 2009                |    |   | 2008         |   |
|                                                 |   | (In      thousands) |    |
|                                                 |   |                |    |   |         |   |
| Commercial,      financial and agricultural          |   | $                   | 38,916  |   |         | $      | 44,752 |   |
| Real      estate - construction and development      |   |                | 89,330  |   |         |   | 96,049 |   |
| Real      estate - mortgage                          |   |                | 145,745 |   |         |   | 144,647 |   |
| Installment      loans to individuals                |   |                | 22,052  |   |         |   | 22,999 |   |
| Other                                                |   |                | 1,888   |   |         |   | 1,906 |   |
|                                                 |   |                | 297,931 |   |         |   | 310,353 |   |
| Less      allowance for loan losses                  |   |                | (3,750  | )      |         |   | (3,675 | ) |
|                                                 |   | $                   | 294,181 |   |         | $      | 306,678 |   |
|                                                 |   |                |    |   |         |   |   |   |

|   |                 | For      the Three Months Ended             |
|--------|----------------------|---------------------------------------------|
|   |                 | March      31, 2009                         |
|   |                 |  Net      Income                       |   | Shares |   | Per      Share |
|   |                 |  (Numerator)                           |   | (Denominator) |   | Data |
|   |                 |                                        |   |   |   |   |
|   | Basic      per Share |  $    553,678      |   | 2,882,697 |   |  $     0.19 |
|   |                 |                                        |   |   |   |   |
|   |                 |                                        |   |   |   |   |
|   |                 | For      the Three Months Ended             |
|   |                 | March      31, 2008                         |
|   |                 |  (as      restated for stock dividend) |
|   |                 |  Net      Income                       |   | Shares |   | Per      Share |
|   |                 |  (Numerator)                           |   | (Denominator) |   | Data |
|   |                 |                                        |   |   |   |   |
|   | Basic      per Share |  $      1,677,331                      |   | 2,881,993 |   |  $     0.58 |

----

| ITEM      NO. 2 | MANAGEMENT’S      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS |
|-----------------|-------------------------------------------------------------------------------------------------------|

----

|                                             | (in      thousands)    |
|--------------------------------------------------|------------------------|
| Past      due 30 days through 89 days            | $7,734                 |
| Past      due 90 days or more and still accruing |  $  756 |

----

|                     | Company | Bank   |         |
|--------------------------|---------|--------|--------------|
| Risk-Based Capital Ratio | Ratio   | Ratio  | Requirements |
| Total      Capital       | 16.75%  | 15.59% | 8%           |
| Tier      1 Capital      | 15.68%  | 14.51% | 4%           |
| Leverage      Capital    | 11.71%  | 10.84% | 4%           |
|                     |    |   |         |

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| ITEM      NO. 3 | QUANTITIVE      AND QUALITATIVE DISCLOSURE ABOUT MARKETRISK |
|-----------------|-------------------------------------------------------------|

| ITEM      NO. 4 | CONTROLS      AND PROCEDURES |
|-----------------|------------------------------|

| PART      II-- | OTHER      INFORMATION |
|----------------|------------------------|

| ITEM      1. | LEGAL      PROCEEDINGS |
|--------------|------------------------|

|   | ITEM      NO. 1A     RISKFACTORS |
|--------|-----------------------------------------------------------|

| ITEM      2. | CHANGES      IN SECURITIES |
|--------------|----------------------------|

| ITEM      3. | DEFAULT      UPON SENIOR SECURITIES |
|--------------|-------------------------------------|

| ITEM      4. | SUBMISSION      OF MATTERS TO A VOTE OF SECURITYHOLDERS |
|--------------|---------------------------------------------------------|

| ITEM      5. | OTHER      INFORMATION |
|--------------|------------------------|

| ITEM      6. | EXHIBITS      AND REPORTS ON FORM 8-K |
|--------------|---------------------------------------|

|   | (a) | Exhibits |
|--------|-----|----------|

|   | (b) | The      Company did not file any reports on Form 8-K during the quarter ended      March 31, 2009. |
|--------|-----|-----------------------------------------------------------------------------------------------------|

----

| BY      /s/ Frank West                     | BY      /s/ Connie Woods    Hawkins    |
|--------------------------------------------|----------------------------------------|
| Frank      West                            | Connie      Woods Hawkins              |
| President      and Chief Executive Officer | Executive      Vice-President, Cashier |
|                                       | and      Chief Financial Officer       |
|                                       |                                   |
|                                       |                                   |
|                                       |                                   |
| DATE:  May      11, 2009         | DATE:  May      11, 2009     |

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