|                                                                 |   | September 30,                                               |      |
|----------------------------------------------------------------------|--------|-------------------------------------------------------------|-----------|
|                                                                 |   | 2010                                                        |      |   | 2009 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |
|                                                                 |   | (Dollars in thousands, except per share amounts)            |      |
| Selected Balance Sheet Data:                                         |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |
| Total assets                                                         |   | $                                                           | 8,487,130 |   |   | $ | 8,403,680 |   |   | $ | 8,055,249 |   |   | $ | 7,675,886 |   |   | $ | 8,199,073 |   |
| Loans receivable, net                                                |   |                                                        | 5,168,202 |   |   |   | 5,603,965 |   |   |   | 5,320,780 |   |   |   | 5,290,071 |   |   |   | 5,221,117 |   |
| Investment securities:                                               |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Available-for-sale (“AFS”) |   |                                                        | 55,870    |   |   |   | 234,784 |   |   |   | 49,586 |   |   |   | 102,424 |   |   |   | 189,480 |   |
|      Held-to-maturity (“HTM”)   |   |                                                        | 1,276,786 |   |   |   | 245,920 |   |   |   | 92,773 |   |   |   | 421,744 |   |   |   | 240,000 |   |
| Mortgage-backed securities (“MBS”):                      |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Trading                                |   |                                                        | --        |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 396,904 |   |
|      AFS                                    |   |                                                        | 1,004,496 |   |   |   | 1,389,211 |   |   |   | 1,484,055 |   |   |   | 402,686 |   |   |   | 556,248 |   |
|      HTM                                    |   |                                                        | 603,368   |   |   |   | 603,256 |   |   |   | 750,284 |   |   |   | 1,011,585 |   |   |   | 1,131,634 |   |
| Capital stock of Federal Home Loan Bank (“FHLB”)         |   |                                                        | 120,866   |   |   |   | 133,064 |   |   |   | 124,406 |   |   |   | 139,661 |   |   |   | 165,130 |   |
| Deposits                                                             |   |                                                        | 4,386,310 |   |   |   | 4,228,609 |   |   |   | 3,923,883 |   |   |   | 3,922,782 |   |   |   | 3,900,431 |   |
| Advances from FHLB                                                   |   |                                                        | 2,348,371 |   |   |   | 2,392,570 |   |   |   | 2,447,129 |   |   |   | 2,732,183 |   |   |   | 3,268,705 |   |
| Other borrowings                                                     |   |                                                        | 668,609   |   |   |   | 713,609 |   |   |   | 713,581 |   |   |   | 53,524 |   |   |   | 53,467 |   |
| Stockholders’ equity                                           |   |                                                        | 961,950   |   |   |   | 941,298 |   |   |   | 871,216 |   |   |   | 867,631 |   |   |   | 863,219 |   |
| Book value per share                                                 |   |                                                        | 13.11     |   |   |   | 12.85 |   |   |   | 11.93 |   |   |   | 11.88 |   |   |   | 11.89 |   |
|                                                                 |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   | Year Ended September 30,                                    |      |
|                                                                 |   |                                                        | 2010      |   |   |   | 2009 |   |   |   | 2008 |   |   |   | 2007 |   |   |   | 2006 |   |
|                                                                 |   | (Dollars and counts in thousands, except per share amounts) |      |
| Selected Operations Data:                                            |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total interest and dividend income                                   |   | $                                                           | 374,051   |   |   | $ | 412,786 |   |   | $ | 410,806 |   |   | $ | 411,550 |   |   | $ | 410,928 |   |
| Total interest expense                                               |   |                                                        | 204,486   |   |   |   | 236,144 |   |   |   | 276,638 |   |   |   | 305,110 |   |   |   | 283,905 |   |
| Net interest income                                                  |   |                                                        | 169,565   |   |   |   | 176,642 |   |   |   | 134,168 |   |   |   | 106,440 |   |   |   | 127,023 |   |
| Provision (recovery) for loan losses                                 |   |                                                        | 8,881     |   |   |   | 6,391 |   |   |   | 2,051 |   |   |   | (225 | ) |   |   | 247 |   |
| Net interest income after provision                                  |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      (recovery) for loan losses             |   |                                                        | 160,684   |   |   |   | 170,251 |   |   |   | 132,117 |   |   |   | 106,665 |   |   |   | 126,776 |   |
| Retail fees and charges                                              |   |                                                        | 17,789    |   |   |   | 18,023 |   |   |   | 17,805 |   |   |   | 16,120 |   |   |   | 17,007 |   |
| Other income                                                         |   |                                                        | 16,622    |   |   |   | 10,571 |   |   |   | 12,222 |   |   |   | 7,846 |   |   |   | 7,788 |   |
| Total other income                                                   |   |                                                        | 34,411    |   |   |   | 28,594 |   |   |   | 30,027 |   |   |   | 23,966 |   |   |   | 24,795 |   |
| Total other expenses                                                 |   |                                                        | 89,730    |   |   |   | 93,621 |   |   |   | 81,989 |   |   |   | 77,725 |   |   |   | 72,868 |   |
| Income before income tax expense                                     |   |                                                        | 105,365   |   |   |   | 105,224 |   |   |   | 80,155 |   |   |   | 52,906 |   |   |   | 78,703 |   |
| Income tax expense                                                   |   |                                                        | 37,525    |   |   |   | 38,926 |   |   |   | 29,201 |   |   |   | 20,610 |   |   |   | 30,586 |   |
| Net income                                                           |   |                                                        | 67,840    |   |   |   | 66,298 |   |   |   | 50,954 |   |   |   | 32,296 |   |   |   | 48,117 |   |
|                                                                 |   |                                                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic earnings per share                                             |   | $                                                           | 0.93      |   |   | $ | 0.91 |   |   | $ | 0.70 |   |   | $ | 0.44 |   |   | $ | 0.66 |   |
| Average shares outstanding                                           |   |                                                        | 73,270    |   |   |   | 73,144 |   |   |   | 72,939 |   |   |   | 72,849 |   |   |   | 72,595 |   |
| Diluted earnings per share                                           |   | $                                                           | 0.93      |   |   | $ | 0.91 |   |   | $ | 0.70 |   |   | $ | 0.44 |   |   | $ | 0.66 |   |
| Average diluted shares outstanding                                   |   |                                                        | 73,287    |   |   |   | 73,208 |   |   |   | 73,013 |   |   |   | 72,970 |   |   |   | 72,854 |   |

----

|                                                                              |   | 2010   |   |    | 2009   |   |   | 2008    |   |   | 2007   |    |   | 2006   |   |
|-----------------------------------------------------------------------------------|--------|--------|--------|---------|--------|--------|--------|---------|--------|--------|--------|---------|--------|--------|--------|
| Selected Performance and Financial Ratios                                         |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |
| and Other Data:                                                                   |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |
| Performance Ratios:                                                               |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |
|      Return on average assets                            |   |   | 0.80   | %       |   |   | 0.81   | %       |   |   | 0.65   | %       |   |   | 0.41   | % |   |   | 0.58 | % |
|      Return on average equity                            |   |   | 7.09   |    |   |   | 7.27   |    |   |   | 5.86   |    |   |   | 3.72   |   |   |   | 5.58 |   |
|      Dividends paid per public share (1)                 |   | $      | 2.29   |    |   | $      | 2.11   |    |   | $      | 2.00   |    |   | $      | 2.09   |   |   | $ | 2.30 |   |
|      Dividend payout ratio                               |   |   | 71.34  | %       |   |   | 66.47  | %       |   |   | 81.30  | %       |   |   | 133.14 | % |   |   | 97.41 | % |
|      Ratio of operating expense to                       |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|           average total assets  |   |   | 1.06   |    |   |   | 1.14   |    |   |   | 1.04   |    |   |   | 0.98   |   |   |   | 0.88 |   |
|      Efficiency ratio                                    |   |   | 43.99  |    |   |   | 45.62  |    |   |   | 49.93  |    |   |   | 59.60  |   |   |   | 48.03 |   |
| Ratio of average interest-earning assets                                          |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|      to average interest-bearing liabilities             |   |   | 1.11   |  x |   |   | 1.12   |  x |   |   | 1.12   |  x |   |   | 1.12   |  x |   |   | 1.11 |  x |
| Interest rate spread information:                                                 |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|      Average during period                               |   |   | 1.78   | %       |   |   | 1.86   | %       |   |   | 1.35   | %       |   |   | 0.93   | % |   |   | 1.19 | % |
|      End of period                                       |   |   | 1.76   |    |   |   | 1.89   |    |   |   | 1.70   |    |   |   | 0.89   |   |   |   | 1.07 |   |
| Net interest margin                                                               |   |   | 2.06   |    |   |   | 2.20   |    |   |   | 1.75   |    |   |   | 1.36   |   |   |   | 1.57 |   |
| Asset Quality Ratios:                                                             |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|      Non-performing assets to total assets               |   |   | 0.49   |    |   |   | 0.46   |    |   |   | 0.23   |    |   |   | 0.12   |   |   |   | 0.10 |   |
|      Non-performing loans to total loans                 |   |   | 0.62   |    |   |   | 0.55   |    |   |   | 0.26   |    |   |   | 0.14   |   |   |   | 0.11 |   |
|      Allowance for loan losses to                        |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|           non-performing loans  |   |   | 46.60  |    |   |   | 32.83  |    |   |   | 42.37  |    |   |   | 56.87  |   |   |   | 79.03 |   |
|      Allowance for loan losses to                        |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|           loans receivable, net |   |   | 0.29   |    |   |   | 0.18   |    |   |   | 0.11   |    |   |   | 0.08   |   |   |   | 0.08 |   |
| Capital Ratios:                                                                   |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|      Equity to total assets at end of period             |   |   | 11.33  |    |   |   | 11.20  |    |   |   | 10.82  |    |   |   | 11.30  |   |   |   | 10.53 |   |
|      Average equity to average assets                    |   |   | 11.30  |    |   |   | 11.08  |    |   |   | 11.05  |    |   |   | 10.91  |   |   |   | 10.47 |   |
|                                                                              |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
| Regulatory Capital Ratios of Bank:                                                |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|      Tangible equity                                     |   |   | 9.8    |    |   |   | 10.0   |    |   |   | 10.0   |    |   |   | 10.3   |   |   |   | 9.5 |   |
|      Tier 1 (core) capital                               |   |   | 9.8    |    |   |   | 10.0   |    |   |   | 10.0   |    |   |   | 10.3   |   |   |   | 9.5 |   |
|      Tier I risk-based capital                           |   |   | 23.5   |    |   |   | 23.2   |    |   |   | 23.1   |    |   |   | 22.9   |   |   |   | 22.6 |   |
|      Total risk-based capital                            |   |   | 23.8   |    |   |   | 23.3   |    |   |   | 23.0   |    |   |   | 22.8   |   |   |   | 22.5 |   |
|                                                                              |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
| Other Data:                                                                       |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |   |   |   |   |   |
|      Number of traditional offices                       |   |   | 35     |    |   |   | 33     |    |   |   | 30     |    |   |   | 29     |   |   |   | 29 |   |
|      Number of in-store offices                          |   |   | 11     |    |   |   | 9      |    |   |   | 9      |    |   |   | 9      |   |   |   | 9 |   |

----

| ·   | our ability to continue to maintain overhead costs at reasonable levels; |
|--------------------|--------------------------------------------------------------------------|

| ·   | our ability to continue to originate a significant volume of one- to four-family mortgage loans in our market areas; |
|--------------------|----------------------------------------------------------------------------------------------------------------------|

| ·   | our ability to acquire funds from or invest funds in wholesale or secondary markets; |
|--------------------|--------------------------------------------------------------------------------------|

| ·   | the future earnings and capital levels of the Bank, which could affect the ability of the Company to pay dividends in accordance with its dividend policies; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | fluctuations in deposit flows, loan demand, and/or real estate values, which may adversely affect our business; |
|--------------------|-----------------------------------------------------------------------------------------------------------------|

| ·   | the credit risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for loan losses (“ALLL”); |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | results of examinations of the Bank by its primary regulator, the Office of Thrift Supervision (the “OTS”), including the possibility that the OTS may, among other things, require the Bank to increase its ALLL; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the strength of the U.S. economy in general and the strength of the local economies in which we conduct operations; |
|--------------------|---------------------------------------------------------------------------------------------------------------------|

| ·   | the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the effects of, and changes in, foreign and military policies of the United States government; |
|--------------------|------------------------------------------------------------------------------------------------|

| ·   | inflation, interest rate, market and monetary fluctuations; |
|--------------------|-------------------------------------------------------------|

| ·   | our ability to access cost-effective funding; |
|--------------------|-----------------------------------------------|

| ·   | the timely development and acceptance of our new products and services and the perceived overall value of these products and services by users, including the features, pricing and quality compared to competitors’ products and services; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the willingness of users to substitute competitors’ products and services for our products and services; |
|--------------------|----------------------------------------------------------------------------------------------------------------|

| ·   | our success in gaining regulatory approval of our products and services and branching locations, when required; |
|--------------------|-----------------------------------------------------------------------------------------------------------------|

| ·   | the impact of changes in financial services laws and regulations, including laws concerning taxes, banking securities and insurance and the impact of other governmental initiatives affecting the financial services industry; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | implementing business initiatives may be more difficult or expensive than anticipated; |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | technological changes; |
|--------------------|------------------------|

| ·   | acquisitions and dispositions; |
|--------------------|--------------------------------|

----

| ·   | changes in consumer spending and saving habits; and |
|--------------------|-----------------------------------------------------|

| ·   | our success at managing the risks involved in our business. |
|--------------------|-------------------------------------------------------------|

----

----

----

----

| ·   | Residential Portfolio Lending.  We are one of the largest originators of one- to four-family loans in the state of Kansas.  We have originated these loans primarily for our own portfolio, rather than for sale, and generally we service the loans we originate.  We provide retail customers with alternatives for their borrowing needs by offering both fixed- and adjustable-rate products with various terms to maturity and pricing alternatives.  We offer special programs to individuals who may be first time home buyers, have low or moderate incomes or may have certain credit risk concerns in order to maximize our ability to deliver home ownership opportunities.  Through our marketing efforts that reflect our reputation and pricing, and strong relationships with real estate agents, we attract mortgage loan business from walk-in customers, customers that apply online, and existing customers.  We also purchase from correspondent lenders one- to four-family loans secured by property primarily located within our market areas and select market areas in Missouri, as well as one- to four-family loans from nationwide lenders. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Retail Financial Services.  We offer a wide array of deposit products and retail services for our customers.  These products include checking, savings, money market, certificates of deposit and retirement accounts.  These products and services are provided through a branch network of 46 locations, including traditional branch and retail store locations, our call center which operates on extended hours, telephone bill payment services and Internet-based transaction services. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Cost Control.  We generally are very effective at controlling our costs of operations.  By using technology, we are able to centralize our lending and deposit support functions for efficient processing.  We have located our branches to serve a broad range of customers through relatively few branch locations.  Our average deposit base per traditional branch at September 30, 2010 was approximately $114.2 million.  This large average deposit base per branch helps to control costs.  The average deposit base per traditional branch decreased the past two years due to the opening of new traditional branches; however, the deposit base at our existing traditional branches increased during the same time period which helped to offset the impact of the new branches.  Our one- to four-family lending strategy and our effective management of credit risk allows us to service a large portfolio of loans at efficient levels because it costs less to service a portfolio of performing loans.  For the year ended September 30, 2010, our efficiency ratio was 43.99%. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Asset Quality.  We utilize underwriting standards for our lending products that are designed to limit our exposure to credit risk.  We require complete documentation for both originated and purchased loans, and make credit decisions based on our assessment of the borrower’s ability to repay the loan in accordance with its terms. See additional discussion of asset quality in Part I, Item 1 of the Annual Report on Form 10-K. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Capital Position.  Our policy has always been to protect the safety and soundness of the Bank through conservative credit and operational risk management, balance sheet strength, and sound operations.  The end result of these activities is a capital ratio in excess of the well-capitalized standards set by the OTS.  We believe that maintaining a strong capital position safeguards the long-term interests of the Bank, the Company and our stockholders. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Stockholder Value.  We strive to enhance stockholder value while maintaining a strong capital position.  One way that we continue to provide returns to stockholders is through our dividend payments.  Total dividends declared and paid during fiscal year 2010 were $2.29 per public share, which consisted of the regular quarterly dividends of $0.50 per public share and a special year-end dividend of $0.29 per public share.  In October 2010, the Board of Directors declared a $0.50 per share quarterly dividend and $0.30 per share special year-end dividend which were paid on November 5, 2010 to holders of record on October 29, 2010.  Due to MHC's waiver of dividends, the dividends were paid only on public shares.  The Company’s cash dividend payout policy is reviewed quarterly by management and the Board of Directors, and the ability to pay dividends under the policy depends upon a number of factors, including the Company’s financial condition and results of operations, the Bank’s regulatory capital requirements, regulatory limitations on the Bank’s ability to make capital distributions to the Company, the amount of cash at the holding company and the continued waiver of dividends by MHC.  It is management’s and the Board of Directors’ intentions to continue to pay regular quarterly dividends for the foreseeable future and a special dividend each year, to the extent justified by earnings. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Interest Rate Risk Management.  Changes in interest rates are our primary market risk as our balance sheet is almost entirely comprised of interest-earning assets and interest-bearing liabilities.  As such, fluctuations in interest rates have a significant impact not only upon our net income but also upon the cash flows related to those assets and liabilities and the market value of our assets and liabilities.  In order to maintain acceptable levels of net interest income in varying interest rate environments, we take on a moderate amount of interest rate risk consistent with board policies. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Change                |   |   | Percentage Change in Net Interest Income |   |
|-----------------------|--------|--------|------------------------------------------|--------|
| (in Basis Points)     |   |   | At September 30,                         |   |
| in Interest Rates (1) |   |   | 2010                                     |   |   | 2009 |   |
|                  | -100   | bp     |                                     |   | N/A |   |   |   | N/A |   |
|                  | 000    | bp     |                                     |   | -- |   |   |   | -- |   |
|                  | +100   | bp     |                                     |   | 6.44 | % |   |   | 0.84 | % |
|                  | +200   | bp     |                                     |   | 4.56 | % |   |   | -0.54 | % |
|                  | +300   | bp     |                                     |   | 0.93 | % |   |   | -2.41 | % |

| (1)   | Assumes an instantaneous, permanent and parallel change in interest rates at all maturities. |
|-----------------|----------------------------------------------------------------------------------------------|

----

| Change                |   |   | Percentage Change in MVPE |   |
|-----------------------|--------|--------|---------------------------|--------|
| (in Basis Points)     |   |   | At September 30,          |   |
| in Interest Rates (1) |   |   | 2010                      |   |   | 2009 |   |
|                  | -100   | bp     |                      |   | N/A |   |   |   | N/A |   |
|                  | 000    | bp     |                      |   | -- |   |   |   | -- |   |
|                  | +100   | bp     |                      |   | 0.10 | % |   |   | -4.92 | % |
|                  | +200   | bp     |                      |   | -8.76 | % |   |   | -18.11 | % |
|                  | +300   | bp     |                      |   | -22.42 | % |   |   | -34.32 | % |

| (1)   | Assumes an instantaneous, permanent and parallel change in interest rates at all maturities. |
|-----------------|----------------------------------------------------------------------------------------------|

----

|                                                                                                 |   | Within                 |      |   | Three to |   |      | More Than   |   |   | More Than     |   |   |       |      |   |   |   |
|------------------------------------------------------------------------------------------------------|--------|------------------------|-----------|--------|----------|--------|-----------|-------------|--------|--------|---------------|--------|--------|------------|-----------|--------|--------|--------|
|                                                                                                 |   | Three                  |      |   | Twelve   |   |      | One Year to |   |   | Three Years   |   |   | Over       |      |   |   |   |
|                                                                                                 |   | Months                 |      |   | Months   |   |      | Three Years |   |   | to Five Years |   |   | Five Years |      |   | Total  |   |
| Interest-earning assets:                                                                             |   | (Dollars in thousands) |      |
|      Loans receivable: (1)                                                  |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |
|           Mortgage loans:                          |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |
|                Fixed      |   | $                      | 374,893   |   |     | $      | 1,095,187 |        |   | $      | 1,236,438     |   |   | $          | 472,149   |   |   | $      | 907,068 |   |   | $ | 4,085,735 |   |
|                Adjustable |   |                   | 91,365    |   |     |   | 563,604   |        |   |   | 186,734       |   |   |       | 39,865    |   |   |   | 6,002 |   |   |   | 887,570 |   |
|           Other loans                              |   |                   | 136,829   |   |     |   | 16,334    |        |   |   | 19,364        |   |   |       | 11,848    |   |   |   | 8,947 |   |   |   | 193,322 |   |
|           Investment securities (2)                |   |                   | 257,703   |   |     |   | 667,652   |        |   |   | 152,418       |   |   |       | 245,296   |   |   |   | 10,238 |   |   |   | 1,333,307 |   |
|           MBS (3)                                  |   |                   | 251,456   |   |     |   | 658,831   |        |   |   | 351,527       |   |   |       | 125,597   |   |   |   | 168,578 |   |   |   | 1,555,989 |   |
|      Other interest-earning assets                                          |   |                   | 45,094    |   |     |   | --        |        |   |   | --            |   |   |       | --        |   |   |   | -- |   |   |   | 45,094 |   |
| Total interest-earning assets                                                                        |   |                   | 1,157,340 |   |     |   | 3,001,608 |        |   |   | 1,946,481     |   |   |       | 894,755   |   |   |   | 1,100,833 |   |   |   | 8,101,017 |   |
|                                                                                                 |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                                                        |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|      Deposits:                                                              |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|           Checking (4)                             |   |                   | 11,132    |   |     |   | 44,767    |        |   |   | 119,670       |   |   |       | 63,008    |   |   |   | 243,851 |   |   |   | 482,428 |   |
|           Savings (4)                              |   |                   | 93,670    |   |     |   | 9,370     |        |   |   | 21,606        |   |   |       | 16,758    |   |   |   | 92,881 |   |   |   | 234,285 |   |
|           Money market (4)                         |   |                   | 41,568    |   |     |   | 114,712   |        |   |   | 276,455       |   |   |       | 143,079   |   |   |   | 366,614 |   |   |   | 942,428 |   |
|           Certificates                             |   |                   | 362,265   |   |     |   | 1,164,310 |        |   |   | 876,117       |   |   |       | 322,313   |   |   |   | 2,164 |   |   |   | 2,727,169 |   |
|       Borrowings (5)                                                   |   |                   | 353,609   |   |     |   | 176,000   |        |   |   | 1,170,000     |   |   |       | 770,000   |   |   |   | 575,000 |   |   |   | 3,044,609 |   |
| Total interest-bearing liabilities                                                                   |   |                   | 862,244   |   |     |   | 1,509,159 |        |   |   | 2,463,848     |   |   |       | 1,315,158 |   |   |   | 1,280,510 |   |   |   | 7,430,919 |   |
|                                                                                                 |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
| Excess (deficiency) of interest-earning assets over                                                  |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|   interest-bearing liabilities                                                             |   | $                      | 295,096   |   |     | $      | 1,492,449 |        |   | $      | (517,367      | )      |   | $          | (420,403  | )      |   | $      | (179,677 | ) |   | $ | 670,098 |   |
|                                                                                                 |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
| Cumulative excess (deficiency) of interest-earning                                                   |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|   assets over interest-bearing liabilities                                                 |   | $                      | 295,096   |   |     | $      | 1,787,545 |        |   | $      | 1,270,178     |   |   | $          | 849,775   |   |   | $      | 670,098 |   |   |   |   |   |
|                                                                                                 |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
| Cumulative excess (deficiency) of interest-earning                                                   |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|   assets over interest-bearing liabilities as a                                            |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|   percent of total assets at September 30, 2010                                            |   |                   | 3.48      | %      |     |   | 21.06     | %           |   |   | 14.97         | %      |   |       | 10.01     | %      |   |   | 7.90 | % |   |   |   |   |
|                                                                                                 |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
| Cumulative one-year gap at September 30, 2009                                                        |   |                   |      |   |     |   | 6.78      | %           |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |                   |      |   |     |   |      |        |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |
| Cumulative one-year gap at September 30, 2008                                                        |   |                   |      |   |     |   | 1.90      | %           |   |   |          |   |   |       |      |   |   |   |   |   |   |   |   |   |

----

----

----

----

|                                                                |   | For the Three Months Ended |      |
|---------------------------------------------------------------------|--------|----------------------------|-----------|
|                                                                |   | September 30, 2010         |      |   | June 30, 2010 |   |   | March 31, 2010 |   |   | December 31, 2009 |   |
|                                                                |   | Amount                     |      |   | Rate |   |   | Amount |   |   | Rate |   |   | Amount |   |   | Rate |   |   | Amount |   |   | Rate |   |
|                                                                |   | (Dollars in thousands)     |      |
| Beginning balance                                                   |   | $                          | 5,361,472 |   |   |   | 5.14 | % |   | $ | 5,425,458 |   |   |   | 5.19 | % |   | $ | 5,463,744 |   |   |   | 5.23 | % |   | $ | 5,646,950 |   |   |   | 5.29 | % |
| Originations and refinances:                                        |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                                                   |   |                       | 94,048    |   |   |   | 4.64 |   |   |   | 137,012 |   |   |   | 4.96 |   |   |   | 107,694 |   |   |   | 4.93 |   |   |   | 156,507 |   |   |   | 4.95 |   |
|   Adjustable                                              |   |                       | 39,170    |   |   |   | 4.33 |   |   |   | 34,033 |   |   |   | 4.62 |   |   |   | 38,779 |   |   |   | 4.44 |   |   |   | 37,885 |   |   |   | 4.57 |   |
| Purchases:                                                          |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                                                   |   |                       | 6,850     |   |   |   | 5.05 |   |   |   | 8,590 |   |   |   | 5.15 |   |   |   | 12,417 |   |   |   | 5.03 |   |   |   | 20,149 |   |   |   | 5.09 |   |
|   Adjustable                                              |   |                       | 1,417     |   |   |   | 4.40 |   |   |   | 10,737 |   |   |   | 5.58 |   |   |   | 14,011 |   |   |   | 4.03 |   |   |   | 44,930 |   |   |   | 3.69 |   |
| Repayments                                                          |   |                       | (288,626  | ) |   |   |   |   |   |   | (250,098 | ) |   |   |   |   |   |   | (208,015 | ) |   |   |   |   |   |   | (243,087 | ) |   |   |   |   |
| Transfer of loans to                                                |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    loans held-for-sale (“LHFS”), net (1) |   |                       | --        |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   | (194,759 | ) |   |   |   |   |
| Other (2)                                                           |   |                       | (5,018    | ) |   |   |   |   |   |   | (4,260 | ) |   |   |   |   |   |   | (3,172 | ) |   |   |   |   |   |   | (4,831 | ) |   |   |   |   |
| Ending balance                                                      |   | $                          | 5,209,313 |   |   |   | 5.07 | % |   | $ | 5,361,472 |   |   |   | 5.14 | % |   | $ | 5,425,458 |   |   |   | 5.19 | % |   | $ | 5,463,744 |   |   |   | 5.23 | % |
|                                                                |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|                               |   | For the Year Ended     |      |
|------------------------------------|--------|------------------------|-----------|
|                               |   | 2010                   |      |   | 2009 |   |
|                               |   | Amount                 |      |   | Rate |   |   | Amount |   |   | Rate |   |
|                               |   | (Dollars in thousands) |      |
| Beginning balance                  |   | $                      | 5,646,950 |   |   |   | 5.29 | % |   | $ | 5,379,845 |   |   |   | 5.66 | % |
| Originations and refinances:       |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                  |   |                   | 495,261   |   |   |   | 4.89 |   |   |   | 988,375 |   |   |   | 5.12 |   |
|   Adjustable             |   |                   | 149,867   |   |   |   | 4.48 |   |   |   | 131,306 |   |   |   | 4.91 |   |
| Purchases:                         |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                  |   |                   | 48,006    |   |   |   | 5.08 |   |   |   | 109,813 |   |   |   | 5.21 |   |
|   Adjustable             |   |                   | 71,095    |   |   |   | 4.05 |   |   |   | 223,619 |   |   |   | 5.01 |   |
| Repayments                         |   |                   | (989,826  | ) |   |   |   |   |   |   | (1,079,777 | ) |   |   |   |   |
| Transfer of loans to LHFS, net (1) |   |                   | (194,759  | ) |   |   |   |   |   |   | (94,672 | ) |   |   |   |   |
| Other (2)                          |   |                   | (17,281   | ) |   |   |   |   |   |   | (11,559 | ) |   |   |   |   |
| Ending balance                     |   | $                      | 5,209,313 |   |   |   | 5.07 | % |   | $ | 5,646,950 |   |   |   | 5.29 | % |

| (1)   | Transfer of loans to LHFS in the December 31, 2009 quarter includes loans with a principal balance of $194.8 million related to the loan swap transaction. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Other consists of transfers to REO, modification fees advanced and reductions in commitments. |
|-----------------|-----------------------------------------------------------------------------------------------|

----

|        |        |   | Original Term          |      |
|-------------|-------------|--------|------------------------|-----------|
|        |        |   | 15 years or less       |      |   | More than 15 years |   |
|        |        |   |                   |      |   | Prepayment |   |   |   |   |   | Prepayment |   |
|        |        |   | Principal              |      |   | Speed |   |   | Principal |   |   | Speed |   |
| Rate Range  |        |   | Balance                |      |   | (annualized) |   |   | Balance |   |   | (annualized) |   |
|        |        |   | (Dollars in thousands) |      |
|        |        |   |                   |      |   |   |   |   |   |   |   |   |   |
| < =4.50% |        |   | $                      | 221,872   |   |   |   | 14.46 | % |   | $ | 162,804 |   |   |   | 7.14 | % |
|        | 4.51 - 4.99 | %      |                   |      | 357,383 |   |   |   | 37.97 |   |   |   | 185,251 |   |   |   | 31.36 |   |
|        | 5.00 - 5.50 | %      |                   |      | 311,286 |   |   |   | 50.01 |   |   |   | 1,838,750 |   |   |   | 29.69 |   |
|        | 5.51 - 5.99 | %      |                   |      | 68,084 |   |   |   | 54.79 |   |   |   | 438,103 |   |   |   | 66.56 |   |
|        | 6.00 - 6.50 | %      |                   |      | 30,108 |   |   |   | 27.07 |   |   |   | 332,462 |   |   |   | 60.16 |   |
|        | 6.51 - 6.99 | %      |                   |      | 8,779 |   |   |   | 12.05 |   |   |   | 50,736 |   |   |   | 40.10 |   |
| >=7.00   |  %     |   |                   | 4,776     |   |   |   | 9.19 |   |   |   | 36,903 |   |   |   | 26.35 |   |
| Total       |        |   | $                      | 1,002,288 |   |   |   | 38.41 | % |   | $ | 3,045,009 |   |   |   | 38.61 | % |

----

|                                                                                  |   | For the Three Months Ended |      |
|---------------------------------------------------------------------------------------|--------|----------------------------|-----------|
|                                                                                  |   | September 30, 2010         |      |   | June 30, 2010 |   |   | March 31, 2010 |   |   | December 31, 2009 |   |
|                                                                                  |   | Amount                     |      |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |
|                                                                                  |   | (Dollars in thousands)     |      |
| Beginning balance – carrying value                                              |   | $                          | 1,620,623 |   |   |   | 4.15 | % |   |   | 3.99 |   |   | $ | 1,757,310 |   |   |   | 4.21 | % |   |   | 4.07 |   |   | $ | 1,877,969 |   |   |   | 4.34 | % |   |   | 5.09 |   |   | $ | 1,992,467 |   |   |   | 4.42 | % |   |   | 4.67 |   |
| Maturities and repayments                                                             |   |                       | (131,861  | ) |   |   |   |   |   |   |   |   |   |   | (145,432 | ) |   |   |   |   |   |   |   |   |   |   | (121,635 | ) |   |   |   |   |   |   |   |   |   |   | (112,380 | ) |   |   |   |   |   |   |   |   |
| Sale of securities, net of gains                                                      |   |                       | --        |   |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   |   |   |   |   | (192,690 | ) |   |   |   |   |   |   |   |   |
| Net amortization of premiums/(discounts)                               |   |                       | (457      | ) |   |   |   |   |   |   |   |   |   |   | (393 | ) |   |   |   |   |   |   |   |   |   |   | (499 | ) |   |   |   |   |   |   |   |   |   |   | (392 | ) |   |   |   |   |   |   |   |   |
| Purchases:                                                                            |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                                                                     |   |                       | 126,394   |   |   |   | 2.54 |   |   |   | 3.71 |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 2,042 |   |   |   | 4.18 |   |   |   | 7.08 |   |   |   | 2,990 |   |   |   | 4.10 |   |   |   | 7.48 |   |
|   Adjustable                                                                |   |                       | --        |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
| Amortized cost of securities                                                          |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      received in loan swap transaction                       |   |                       | --        |   |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   |   |   |   |   | 192,690 |   |   |   |   |   |   |   |   |   |
| Change in valuation on AFS         securities |   |                       | (6,835    | ) |   |   |   |   |   |   |   |   |   |   | 9,138 |   |   |   |   |   |   |   |   |   |   |   | (567 | ) |   |   |   |   |   |   |   |   |   |   | (4,716 | ) |   |   |   |   |   |   |   |   |
| Ending balance – carrying value                                                 |   | $                          | 1,607,864 |   |   |   | 4.00 | % |   |   | 3.58 |   |   | $ | 1,620,623 |   |   |   | 4.15 | % |   |   | 3.99 |   |   | $ | 1,757,310 |   |   |   | 4.21 | % |   |   | 4.07 |   |   | $ | 1,877,969 |   |   |   | 4.34 | % |   |   | 5.09 |   |

|                                                            |   | For the Year Ended     |      |
|-----------------------------------------------------------------|--------|------------------------|-----------|
|                                                            |   | 2010                   |      |   | 2009 |   |
|                                                            |   | Amount                 |      |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |
|                                                            |   | (Dollars in thousands) |      |
| Beginning balance – carrying value                        |   | $                      | 1,992,467 |   |   |   | 4.42 | % |   |   | 4.67 |   |   | $ | 2,234,339 |   |   |   | 4.82 | % |   |   | 5.05 |   |
| Maturities and repayments                                       |   |                   | (511,308  | ) |   |   |   |   |   |   |   |   |   |   | (494,932 | ) |   |   |   |   |   |   |   |   |
| Sale of securities, net of gains                                |   |                   | (192,690  | ) |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   |   |   |
| Net amortization of premiums/(discounts)                        |   |                   | (1,741    | ) |   |   |   |   |   |   |   |   |   |   | (482 | ) |   |   |   |   |   |   |   |   |
| Purchases:                                                      |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                                               |   |                   | 131,426   |   |   |   | 2.60 |   |   |   | 3.85 |   |   |   | 21,756 |   |   |   | 3.03 |   |   |   | 3.84 |   |
|   Adjustable                                          |   |                   | --        |   |   |   | -- |   |   |   | -- |   |   |   | 169,452 |   |   |   | 2.72 |   |   |   | 2.41 |   |
| Amortized cost of securities                                    |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      received in loan swap transaction |   |                   | 192,690   |   |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   |   |   |
| Change in valuation on AFS securities                           |   |                   | (2,980    | ) |   |   |   |   |   |   |   |   |   |   | 62,334 |   |   |   |   |   |   |   |   |   |
| Ending balance – carrying value                           |   | $                      | 1,607,864 |   |   |   | 4.00 | % |   |   | 3.58 |   |   | $ | 1,992,467 |   |   |   | 4.42 | % |   |   | 4.67 |   |

----

|              |        |   | Original Term          |    |    |               |   |   |      |   |
|-------------------|-------------|--------|------------------------|---------|---------|--------------------|--------|--------|-----------|--------|
|              |        |   | 15 years or less       |    |    | More than 15 years |   |   |      |   |   |   |   |
|              |        |   |                   |    |    | Prepayment         |   |   |      |   |   | Prepayment |   |   |   |   |   | Net |   |
|              |        |   | Amortized              |    |    | Speed              |   |   | Amortized |   |   | Speed |   |   |   |   |   | Premium/ |   |
| Rate Range        |        |   | Cost                   |    |    | (annualized)       |   |   | Cost      |   |   | (annualized) |   |   | Total |   |   | (Discount) |   |
|              |        |   | (Dollars in thousands) |    |    |               |   |
|              |        |   |                   |    |    |               |   |   |      |   |   |   |   |   |   |   |   |   |   |
| < =4.99%       |        |   | $                      | 426,640 |    |               |   | 12.18  | %         |   | $ | 3,886 |   |   |   | 0.34 | % |   | $ | 430,526 |   |   | $ | 3,588 |   |
|              | 5.00 - 5.50 | %      |                   |    | 172,934 |               |   |   | 0.21      |   |   |   | 12,244 |   |   |   | 19.85 |   |   |   | 185,178 |   |   |   | (132 | ) |
|              | 5.51 - 5.99 | %      |                   |    | 108,689 |               |   |   | 21.43     |   |   |   | 68,940 |   |   |   | 32.90 |   |   |   | 177,629 |   |   |   | 112 |   |
|              | 6.00 - 6.50 | %      |                   |    | 19,702  |               |   |   | 35.10     |   |   |   | 25,315 |   |   |   | 22.91 |   |   |   | 45,017 |   |   |   | 85 |   |
|              | 6.51 - 6.99 | %      |                   |    | 3,535   |               |   |   | 14.61     |   |   |   | 13,105 |   |   |   | 18.00 |   |   |   | 16,640 |   |   |   | 162 |   |
| >=7.00         | %           |   |                   | --      |    |               |   | --     |      |   |   | 5,808 |   |   |   | 14.65 |   |   |   | 5,808 |   |   |   | 11 |   |
| Total             |        |   | $                      | 731,500 |    |               |   | 11.35  | %         |   | $ | 129,298 |   |   |   | 26.40 | % |   | $ | 860,798 |   |   | $ | 3,826 |   |
|              |        |   |                   |    |    |               |   |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average Rate      |        |   |                   | 4.99    | %       |               |   |   |      |   |   | 5.91 | % |   |   |   |   |   |   | 5.13 | % |   |   |   |   |
| Average remaining |        |   |                   |    |    |               |   |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| term (months)     |        |   |                   | 115     |    |               |   |   |      |   |   | 210 |   |   |   |   |   |   |   | 130 |   |   |   |   |   |

----

|                                                                    |   | For the Three Months Ended |      |
|-------------------------------------------------------------------------|--------|----------------------------|-----------|
|                                                                    |   | September 30, 2010         |      |   | June 30, 2010 |   |   | March 31, 2010 |   |   | December 31, 2009 |   |
|                                                                    |   | Amount                     |      |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |
|                                                                    |   | (Dollars in thousands)     |      |
| Beginning balance – carrying value                                |   | $                          | 1,203,064 |   |   |   | 1.67 | % |   |   | 0.82 |   |   | $ | 970,431 |   |   |   | 1.76 | % |   |   | 1.29 |   |   | $ | 651,943 |   |   |   | 2.05 | % |   |   | 1.65 |   |   | $ | 480,704 |   |   |   | 1.93 | % |   |   | 1.53 |   |
| Maturities and calls                                                    |   |                       | (343,999  | ) |   |   |   |   |   |   |   |   |   |   | (210,048 | ) |   |   |   |   |   |   |   |   |   |   | (119,103 | ) |   |   |   |   |   |   |   |   |   |   | (1,033 | ) |   |   |   |   |   |   |   |   |
| Net amortization of premiums/      (discounts) |   |                       | (1,034    | ) |   |   |   |   |   |   |   |   |   |   | (1,051 | ) |   |   |   |   |   |   |   |   |   |   | (1,053 | ) |   |   |   |   |   |   |   |   |   |   | (1,061 | ) |   |   |   |   |   |   |   |   |
| Purchases:                                                              |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                                                       |   |                       | 475,141   |   |   |   | 1.08 |   |   |   | 1.19 |   |   |   | 443,757 |   |   |   | 1.38 |   |   |   | 1.11 |   |   |   | 438,254 |   |   |   | 1.36 |   |   |   | 1.02 |   |   |   | 173,431 |   |   |   | 2.39 |   |   |   | 1.25 |   |
|   Adjustable                                                  |   |                       | --        |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
| Change in valuation on AFS     securities                |   |                       | (516      | ) |   |   |   |   |   |   |   |   |   |   | (25 | ) |   |   |   |   |   |   |   |   |   |   | 390 |   |   |   |   |   |   |   |   |   |   |   | (98 | ) |   |   |   |   |   |   |   |   |
| Ending balance – carrying value                                   |   | $                          | 1,332,656 |   |   |   | 1.47 | % |   |   | 0.84 |   |   | $ | 1,203,064 |   |   |   | 1.67 | % |   |   | 0.82 |   |   | $ | 970,431 |   |   |   | 1.76 | % |   |   | 1.29 |   |   | $ | 651,943 |   |   |   | 2.05 | % |   |   | 1.65 |   |
|                                                                    |   |                       |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|                                     |   | For the Year Ended     |      |
|------------------------------------------|--------|------------------------|-----------|
|                                     |   | 2010                   |      |   | 2009 |   |
|                                     |   | Amount                 |      |   | Yield |   |   | WAL |   |   | Amount |   |   | Yield |   |   | WAL |   |
|                                     |   | (Dollars in thousands) |      |
| Beginning balance – carrying value |   | $                      | 480,704   |   |   |   | 1.93 | % |   |   | 1.53 |   |   | $ | 142,359 |   |   |   | 3.94 | % |   |   | 6.06 |   |
| Maturities and calls                     |   |                   | (674,183  | ) |   |   |   |   |   |   |   |   |   |   | (109,760 | ) |   |   |   |   |   |   |   |   |
| Net amortization of premiums/(discounts) |   |                   | (4,199    | ) |   |   |   |   |   |   |   |   |   |   | (2,162 | ) |   |   |   |   |   |   |   |   |
| Purchases:                               |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Fixed                        |   |                   | 1,530,583 |   |   |   | 1.39 |   |   |   | 1.13 |   |   |   | 448,553 |   |   |   | 1.70 |   |   |   | 1.53 |   |
|   Adjustable                   |   |                   | --        |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
| Change in valuation on AFS securities    |   |                   | (249      | ) |   |   |   |   |   |   |   |   |   |   | 1,714 |   |   |   |   |   |   |   |   |   |
| Ending balance – carrying value    |   | $                      | 1,332,656 |   |   |   | 1.47 | % |   |   | 0.84 |   |   | $ | 480,704 |   |   |   | 1.93 | % |   |   | 1.53 |   |

----

|         |   | At September 30,       |
|--------------|--------|------------------------|
|         |   | 2010                   |   | 2009 |
|         |   |                   |   |   | Average |   | % of |   |   |   |   | Average |   | % of |
|         |   | Amount                 |   |   | Rate |   | Total |   | Amount |   |   | Rate |   | Total |
|         |   | (Dollars in thousands) |
|         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Checking     |   | $                      | 482,428 |   |   |   | 0.13 | % |   |   | 11.0 | % |   | $ | 439,975 |   |   |   | 0.17 | % |   |   | 10.4 | % |
| Savings      |   |                   | 234,285 |   |   |   | 0.54 |   |   |   | 5.3 |   |   |   | 226,396 |   |   |   | 0.66 |   |   |   | 5.4 |   |
| Money market |   |                   | 942,428 |   |   |   | 0.65 |   |   |   | 21.5 |   |   |   | 848,157 |   |   |   | 0.82 |   |   |   | 20.1 |   |
| Certificates |   |                   | 2,727,169 |   |   |   | 2.29 |   |   |   | 62.2 |   |   |   | 2,714,081 |   |   |   | 3.09 |   |   |   | 64.1 |   |
|         |   | $                      | 4,386,310 |   |   |   | 1.61 | % |   |   | 100.0 | % |   | $ | 4,228,609 |   |   |   | 2.20 | % |   |   | 100.0 | % |

----

| Total voting shares outstanding at September 30, 2009 |   |   | 74,099,355  |   |
|-------------------------------------------------------|--------|--------|-------------|--------|
| Treasury stock acquisitions                           |   |   | (130,368    | )      |
| Recognition and Retention Plan grants                 |   |   | 5,000       |   |
| Options exercised                                     |   |   | 18,691      |   |
| Total voting shares outstanding at September 30, 2010 |   |   | 73,992,678  |   |
| Unvested shares in ESOP                               |   |   | (604,918    | )      |
| Shares held by MHC                                    |   |   | (52,192,817 | )      |
| Total public shares at September 30, 2010             |   |   | 21,194,943  |   |

----

|                                                                                                           |   | At September 30, |   |
|----------------------------------------------------------------------------------------------------------------|--------|------------------|--------|
|                                                                                                           |   | 2010             |   |   | 2009 |   |   | 2008 |   |
|                                                                                                           |   |             |   |   |   |   |   |   |   |
| Weighted average yield on:                                                                                     |   |             |   |   |   |   |   |   |   |
|       Loans receivable                                                           |   |             | 5.23   | % |   |   | 5.38 | % |   |   | 5.69 | % |
|       MBS                                                                        |   |             | 4.00   |   |   |   | 4.42 |   |   |   | 4.82 |   |
|       Investment securities                                                      |   |             | 1.47   |   |   |   | 1.93 |   |   |   | 3.94 |   |
|       Capital stock of FHLB                                                      |   |             | 2.98   |   |   |   | 2.98 |   |   |   | 4.73 |   |
|       Cash and cash equivalents                                                  |   |             | 0.22   |   |   |   | 0.21 |   |   |   | 2.95 |   |
|             Combined weighted average yield on     |   |             |   |   |   |   |   |   |   |   |   |   |
|             interest-earning assets                |   |             | 4.33   |   |   |   | 4.89 |   |   |   | 5.37 |   |
|                                                                                                           |   |             |   |   |   |   |   |   |   |   |   |   |
| Weighted average rate paid on:                                                                                 |   |             |   |   |   |   |   |   |   |   |   |   |
|       Checking deposits                                                          |   |             | 0.13   |   |   |   | 0.17 |   |   |   | 0.21 |   |
|       Savings deposits                                                           |   |             | 0.54   |   |   |   | 0.66 |   |   |   | 1.51 |   |
|       Money market deposits                                                      |   |             | 0.65   |   |   |   | 0.82 |   |   |   | 1.48 |   |
|       Certificate of deposit                                                     |   |             | 2.29   |   |   |   | 3.09 |   |   |   | 3.91 |   |
|       FHLB advances (1)                                                          |   |             | 3.96   |   |   |   | 4.13 |   |   |   | 4.75 |   |
|       Other borrowings                                                           |   |             | 3.97   |   |   |   | 3.91 |   |   |   | 4.09 |   |
|             Combined weighted average rate paid on |   |             |   |   |   |   |   |   |   |   |   |   |
|              interest-bearing liabilities          |   |             | 2.57   |   |   |   | 3.00 |   |   |   | 3.67 |   |
|                                                                                                           |   |             |   |   |   |   |   |   |   |   |   |   |
| Net interest rate spread                                                                                       |   |             | 1.76   | % |   |   | 1.89 | % |   |   | 1.70 | % |

----

|                                                             | Year Ended September 30,                     |   |
|------------------------------------------------------------------|----------------------------------------------|--------|
|                                                             | 2010                                         |   | 2009 |   | 2008 |   |
|                                                             | Average                                      |   | Interest |   |   |   | Average |   | Interest |   |   |   | Average |   | Interest |   |   |   |
|                                                             | Outstanding                                  |   | Earned/ |   | Yield/ |   | Outstanding |   | Earned/ |   | Yield/ |   | Outstanding |   | Earned/ |   | Yield/ |   |
|                                                             | Balance                                      |   | Paid  |   | Rate |   | Balance |   | Paid  |   | Rate |   | Balance |   | Paid  |   | Rate |   |
| Assets                                                           |                                         |   |   |   |   |   | (Dollars in thousands) |   |   |   |   |   |   |   |
|   Interest-earning assets:                             |                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Mortgage loans (1)                       |  $  5,198,175                 |   | $271,154 |   | 5.22 | % |  $  5,296,297 |   | $293,685 |   | 5.55 | % |  $  5,099,147 |   | $286,383 |   | 5.62 | % |
|     Other loans                              | 199,244                                      |   | 11,153 |   | 5.60 |   | 208,252 |   | 12,097 |   | 5.81 |   | 216,404 |   | 15,637 |   | 7.21 |   |
|       Total loans receivable       | 5,397,419                                    |   | 282,307 |   | 5.23 |   | 5,504,549 |   | 305,782 |   | 5.56 |   | 5,315,551 |   | 302,020 |   | 5.68 |   |
|       MBS (2)                      | 1,710,074                                    |   | 71,859 |   | 4.20 |   | 2,110,701 |   | 97,926 |   | 4.64 |   | 1,888,186 |   | 88,395 |   | 4.68 |   |
|       Investment securities (2)(3) | 887,955                                      |   | 15,682 |   | 1.77 |   | 229,766 |   | 5,533 |   | 2.41 |   | 242,426 |   | 9,917 |   | 4.09 |   |
|       Capital stock of FHLB        | 133,817                                      |   | 3,966 |   | 2.96 |   | 129,716 |   | 3,344 |   | 2.58 |   | 129,216 |   | 6,921 |   | 5.36 |   |
|       Cash equivalents             | 100,411                                      |   | 237 |   | 0.24 |   | 72,184 |   | 201 |   | 0.28 |   | 112,522 |   | 3,553 |   | 3.11 |   |
|   Total interest-earning assets (1)(2)                 | 8,229,676                                    |   | 374,051 |   | 4.55 |   | 8,046,916 |   | 412,786 |   | 5.13 |   | 7,687,901 |   | 410,806 |   | 5.34 |   |
|   Other noninterest-earning assets                     | 235,324                                      |   |   |   |   |   | 181,829 |   |   |   |   |   | 186,312 |   |   |   |   |   |
| Total assets                                                     |  $  8,465,000                 |   |   |   |   |   |  $  8,228,745 |   |   |   |   |   |  $  7,874,213 |   |   |   |   |   |
|                                                             |                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities and stockholders' equity                             |                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Interest-bearing liabilities:                        |                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Checking                                 |  $     471,397 |   | $       622 |   | 0.13 | % |  $     426,976 |   | $       879 |   | 0.21 | % |  $     398,430 |   | $       819 |   | 0.20 | % |
|     Savings                                  | 232,651                                      |   | 1,323 |   | 0.57 |   | 228,879 |   | 1,873 |   | 0.82 |   | 230,818 |   | 4,105 |   | 1.77 |   |
|     Money market                             | 914,382                                      |   | 6,522 |   | 0.71 |   | 814,898 |   | 8,512 |   | 1.04 |   | 804,612 |   | 16,771 |   | 2.08 |   |
|     Certificates                             | 2,672,364                                    |   | 70,749 |   | 2.65 |   | 2,585,560 |   | 89,207 |   | 3.45 |   | 2,507,036 |   | 111,740 |   | 4.44 |   |
|       Total deposits               | 4,290,794                                    |   | 79,216 |   | 1.85 |   | 4,056,313 |   | 100,471 |   | 2.48 |   | 3,940,896 |   | 133,435 |   | 3.37 |   |
|       FHLB advances (4)            | 2,389,597                                    |   | 97,212 |   | 4.07 |   | 2,437,978 |   | 106,551 |   | 4.36 |   | 2,552,883 |   | 125,748 |   | 4.89 |   |
|       Repurchase agreements        | 654,987                                      |   | 26,378 |   | 3.97 |   | 660,000 |   | 26,549 |   | 3.97 |   | 337,459 |   | 13,831 |   | 4.03 |   |
|       Other borrowings             | 53,609                                       |   | 1,680 |   | 3.09 |   | 53,601 |   | 2,573 |   | 4.74 |   | 53,550 |   | 3,624 |   | 6.66 |   |
|       Total borrowings             | 3,098,193                                    |   | 125,270 |   | 4.03 |   | 3,151,579 |   | 135,673 |   | 4.29 |   | 2,943,892 |   | 143,203 |   | 4.82 |   |
|   Total interest-bearing liabilities                   | 7,388,987                                    |   | 204,486 |   | 2.77 |   | 7,207,892 |   | 236,144 |   | 3.27 |   | 6,884,788 |   | 276,638 |   | 3.99 |   |
|   Other noninterest-bearing liabilities                | 119,441                                      |   |   |   |   |   | 108,940 |   |   |   |   |   | 119,353 |   |   |   |   |   |
|   Stockholders' equity                                 | 956,572                                      |   |   |   |   |   | 911,913 |   |   |   |   |   | 870,072 |   |   |   |   |   |
| Total liabilities and stockholders' equity                       |  $  8,465,000                 |   |   |   |   |   |  $  8,228,745 |   |   |   |   |   |  $  7,874,213 |   |   |   |   |   |
|                                                             |                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net interest income (7)                                          |                                         |   | $169,565 |   |   |   |   |   | $176,642 |   |   |   |   |   | $134,168 |   |   |   |
| Net interest rate spread (5)                                     |                                         |   |   |   | 1.78 | % |   |   |   |   | 1.86 | % |   |   |   |   | 1.35 | % |
| Net earning assets                                               |  $     840,689 |   |   |   |   |   |  $     839,024 |   |   |   |   |   |  $     803,113 |   |   |   |   |   |
| Net interest margin (6)                                          |                                         |   |   |   | 2.06 | % |   |   |   |   | 2.20 | % |   |   |   |   | 1.75 | % |
| Ratio of interest-earning assets to                              |                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       interest-bearing liabilities |                                         |   |   |   | 1.11 | x |   |   |   |   | 1.12 | x |   |   |   |   | 1.12 | x |

----

| (1) | Calculated net of unearned loan fees, deferred costs, and undisbursed loan funds.  Non-accrual loans are included in the loans receivable average balance with a yield of zero percent.  Balances include LHFS. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | The average balance of investment securities includes an average balance of nontaxable securities of $72.0 million, $61.0 million, and $45.9 million for the years ended September 30, 2010, 2009, and 2008, respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Net interest income represents the difference between interest income earned on interest-earning assets, such as mortgage loans, investment securities, and MBS, and interest paid on interest-bearing liabilities, such as deposits, FHLB advances, and other borrowings.  Net interest income depends on the balance of interest-earning assets and interest-bearing liabilities, and the interest rates earned or paid on them. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                  | Year Ended September 30,                                                                     |
|---------------------------------------|----------------------------------------------------------------------------------------------|
|                                  | 2010 vs. 2009                                                                                |   | 2009 vs. 2008 |
|                                  | Increase (Decrease) Due to                                                                   |   | Increase (Decrease) Due to |
|                                  | Volume                                                                                       |   | Rate |   | Total |   | Volume |   | Rate |   | Total |
|                                  | (Dollars in thousands)                                                                       |
| Interest-earning assets:              |                                                                                         |   |   |   |   |   |   |   |   |   |   |
|   Loans receivable          |  $       (5,867)                                     |   |  $     (17,608) |   |  $      (23,475) |   |  $     10,443  |   |  $       (6,681) |   |  $       3,762  |
|   MBS                       | (17,383)                                                                                     |   | (8,684) |   | (26,067) |   | 10,295  |   | (764) |   | 9,531  |
|   Investment securities     | 11,980                                                                                  |   | (1,831) |   | 10,149  |   | (494) |   | (3,890) |   | (4,384) |
|   Capital stock of FHLB     | 110                                                                                     |   | 512  |   | 622  |   | 27  |   | (3,604) |   | (3,577) |
|   Cash and cash equivalents | 69                                                                                      |   | (33) |   | 36  |   | (947) |   | (2,405) |   | (3,352) |
| Total interest-earning assets         |       (11,091)                                                 |   |       (27,644) |   |        (38,735) |   |       19,324  |   |       (17,344) |   |         1,980  |
|                                  |                                                                                         |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:         |                                                                                         |   |   |   |   |   |   |   |   |   |   |
|   Checking                  |               86  |   |           (370) |   |             (284) |   |             60  |   |               42  |   |            102  |
|   Savings                   | 30                                                                                      |   | (583) |   | (553) |   | (35) |   | (2,218) |   | (2,253) |
|   Money market              | 942                                                                                     |   | (2,930) |   | (1,988) |   | 208  |   | (8,589) |   | (8,381) |
|   Certificates              | 2,901                                                                                   |   | (21,331) |   | (18,430) |   | 3,351  |   | (25,783) |   | (22,432) |
|   FHLB advances             | (1,407)                                                                                      |   | (7,932) |   | (9,339) |   | (4,606) |   | (14,591) |   | (19,197) |
|   Other borrowings          | (199)                                                                                        |   | (865) |   | (1,064) |   | 12,920  |   | (1,253) |   | 11,667  |
| Total interest-bearing liabilities    |          2,353                             |   |      (34,011) |   |        (31,658) |   |       11,898  |   |      (52,392) |   |      (40,494) |
|                                  |                                                                                         |   |   |   |   |   |   |   |   |   |   |
| Net change in net interest income     |  $     (13,444)                                                |   |  $       6,367  |   |  $        (7,077) |   |  $      7,426  |   |  $     35,048  |   |  $     42,474  |

----

----

----

----

----

----

----

| ·   | the origination, purchase, or sale of loans; |
|--------------------|----------------------------------------------|

| ·   | the purchase or sale of investments and MBS; |
|--------------------|----------------------------------------------|

| ·   | extensions of credit on home equity loans and construction loans; |
|--------------------|-------------------------------------------------------------------|

| ·   | terms and conditions of operating leases; and |
|--------------------|-----------------------------------------------|

| ·   | funding withdrawals of certificate of deposits at maturity. |
|--------------------|-------------------------------------------------------------|

|                                                |   | Maturity Range         |      |
|-----------------------------------------------------|--------|------------------------|-----------|
|                                                |   |                   |      |   | Less than |   |   |   | 1 - 3 |   |   |   | 3 - 5 |   |   | More than |   |
|                                                |   | Total                  |      |   | 1 year |   |   | years |   |   | years |   |   | 5 years |   |
|                                                |   | (Dollars in thousands) |      |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating leases                                    |   | $                      | 12,245    |   |   | $ | 1,124 |   |   | $ | 1,837 |   |   | $ | 1,551 |   |   | $ | 7,733 |   |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Certificates of Deposit                             |   | $                      | 2,727,169 |   |   | $ | 1,516,681 |   |   | $ | 885,232 |   |   | $ | 323,033 |   |   | $ | 2,223 |   |
|     Weighted average rate       |   |                   | 2.29      | % |   |   | 1.97 | % |   |   | 2.67 | % |   |   | 2.77 | % |   |   | 3.02 | % |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| FHLB Advances                                       |   | $                      | 2,376,000 |   |   | $ | 276,000 |   |   | $ | 875,000 |   |   | $ | 650,000 |   |   | $ | 575,000 |   |
|     Weighted average rate       |   |                   | 3.61      | % |   |   | 4.87 | % |   |   | 3.57 | % |   |   | 3.22 | % |   |   | 3.51 | % |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Repurchase Agreements                               |   | $                      | 615,000   |   |   | $ | 200,000 |   |   | $ | 295,000 |   |   | $ | 120,000 |   |   | $ | -- |   |
|     Weighted average rate       |   |                   | 4.03      | % |   |   | 3.79 | % |   |   | 4.12 | % |   |   | 4.24 | % |   |   | -- | % |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Debentures                                          |   | $                      | 53,609    |   |   | $ | -- |   |   | $ | -- |   |   | $ | -- |   |   | $ | 53,609 |   |
|     Weighted average rate       |   |                   | 3.28      | % |   |   | -- | % |   |   | -- | % |   |   | -- | % |   |   | 3.28 | % |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commitments to originate and                        |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    purchase mortgage loans           |   | $                      | 107,022   |   |   | $ | 107,022 |   |   | $ | -- |   |   | $ | -- |   |   | $ | -- |   |
|     Weighted average rate       |   |                   | 4.29      | % |   |   | 4.29 | % |   |   | -- | % |   |   | -- | % |   |   | -- | % |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commitments to fund unused                          |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    home equity lines of credit       |   | $                      | 265,367   |   |   | $ | 265,367 |   |   | $ | -- |   |   | $ | -- |   |   | $ | -- |   |
|     Weighted average rate       |   |                   | 4.49      | % |   |   | 4.49 | % |   |   | -- | % |   |   | -- | % |   |   | -- | % |
|                                                |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Unadvanced portion of                               |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    construction loans                |   | $                      | 15,489    |   |   | $ | 15,489 |   |   | $ | -- |   |   | $ | -- |   |   | $ | -- |   |
|      Weighted average rate |   |                   | 4.77      | % |   |   | 4.77 | % |   |   | -- | % |   |   | -- | % |   |   | -- | % |

----

|                             |   |   |   |   | Regulatory                |   |
|----------------------------------|--------|--------|--------|--------|---------------------------|--------|
|                             |   |   |   |   | Requirement               |   |
|                             |   | Bank   |   |   | For “Well-          |   |
|                             |   | Ratios |   |   | Capitalized” Status |   |
| Tangible equity                  |   |   | 9.8    | %      |                      |   | N/A |   |
| Tier 1 (core) capital            |   |   | 9.8    | %      |                      |   | 5.0 | % |
| Tier 1 (core) risk-based capital |   |   | 23.5   | %      |                      |   | 6.0 | % |
| Total risk-based capital         |   |   | 23.8   | %      |                      |   | 10.0 | % |

----

|                        | 2005   | 2006   | 2007   | 2008   | 2009   | 2010   |
|-----------------------------|--------|--------|--------|--------|--------|--------|
| Capitol Federal Financial   | 100.00 | 111.25 | 113.24 | 155.27 | 121.30 | 96.02  |
| NASDAQ Composite            | 100.00 | 106.39 | 127.37 | 96.70  | 100.00 | 112.86 |
| S&L Index Hemscott #419 | 100.00 | 113.42 | 109.39 | 102.26 | 78.63  | 79.08  |

----

|                                          |
|-----------------------------------------------|
|                                          |
| John B. Dicus, Chairman, President            |
|    and Chief Executive Officer |
|                                          |
|                                          |
|                                          |
| Kent G. Townsend, Executive Vice President    |
|    and Chief Financial Officer |
|                                          |

----

----

----

----

| CAPITOL FEDERAL FINANCIAL AND SUBSIDIARIES                                                     |   |   |      |   |   |   |
|------------------------------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
|                                                                                           |   |   |      |   |   |   |
| CONSOLIDATED BALANCE SHEETS                                                                    |   |   |      |   |   |   |
| SEPTEMBER 30, 2010 and 2009 (Dollars in thousands)                                             |   |
|                                                                                           |   |   |      |   |   |   |
| ASSETS                                                                                         |   | 2010   |      |   | 2009   |   |
|                                                                                           |   |   |      |   |   |   |
| CASH AND CASH EQUIVALENTS (includes interest-earning deposits of                               |   |   |      |   |   |   |
|   $50,771 and $32,319)                                                               |   | $      | 65,217    |   |   | $      | 41,154 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| INVESTMENT SECURITIES:                                                                         |   |   |      |   |   |   |   |   |
|   Available-for-sale ("AFS"), at fair value (amortized cost of $56,521 and $235,185) |   |   | 55,870    |   |   |   | 234,784 |   |
|   Held-to-maturity ("HTM"), at cost (fair value of $1,283,880 and $248,929)          |   |   | 1,276,786 |   |   |   | 245,920 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| MORTGAGE-BACKED SECURITIES ("MBS"):                                                            |   |   |      |   |   |   |   |   |
|   AFS, at fair value (amortized cost of $952,621 and $1,334,357)                     |   |   | 1,004,496 |   |   |   | 1,389,211 |   |
|   HTM, at cost (fair value of $629,574 and $627,829)                                 |   |   | 603,368   |   |   |   | 603,256 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| LOANS RECEIVABLE, net (less allowance for loan losses of                                       |   |   |      |   |   |   |   |   |
|   $14,892 and $10,150)                                                               |   |   | 5,168,202 |   |   |   | 5,603,965 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| BANK-OWNED LIFE INSURANCE ("BOLI")                                                             |   |   | 54,710    |   |   |   | 53,509 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| CAPITAL STOCK OF FEDERAL HOME LOAN BANK ("FHLB"), at cost                                      |   |   | 120,866   |   |   |   | 133,064 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| ACCRUED INTEREST RECEIVABLE                                                                    |   |   | 30,220    |   |   |   | 32,640 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| PREMISES AND EQUIPMENT, net                                                                    |   |   | 41,260    |   |   |   | 37,709 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| REAL ESTATE OWNED ("REO"), net                                                                 |   |   | 9,920     |   |   |   | 7,404 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| PREPAID FEDERAL INSURANCE PREMIUM                                                              |   |   | 20,447    |   |   |   | -- |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| INCOME TAXES RECEIVABLE                                                                        |   |   | 716       |   |   |   | -- |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| OTHER ASSETS                                                                                   |   |   | 35,052    |   |   |   | 21,064 |   |
|                                                                                           |   |   |      |   |   |   |   |   |
| TOTAL ASSETS                                                                                   |   | $      | 8,487,130 |   |   | $      | 8,403,680 |   |

----

| CAPITOL FEDERAL FINANCIAL AND SUBSIDIARIES                                                   |   |   |      |   |
|----------------------------------------------------------------------------------------------|--------|--------|-----------|--------|
|                                                                                         |   |   |      |   |   |   |
| CONSOLIDATED BALANCE SHEETS                                                                  |   |   |      |   |   |   |
| SEPTEMBER 30, 2010 and 2009 (Dollars in thousands)                                           |   |
|                                                                                         |   |   |      |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                         |   | 2010   |      |   | 2009 |   |
|                                                                                         |   |   |      |   |   |   |
| LIABILITIES:                                                                                 |   |   |      |   |   |   |
|   Deposits                                                                         |   | $      | 4,386,310 |   |   | $ | 4,228,609 |   |
|   Advances from FHLB                                                               |   |   | 2,348,371 |   |   |   | 2,392,570 |   |
|   Other borrowings, net                                                            |   |   | 668,609   |   |   |   | 713,609 |   |
|   Advance payments by borrowers for taxes and insurance                            |   |   | 55,036    |   |   |   | 55,367 |   |
|   Income taxes payable                                                             |   |   | --        |   |   |   | 6,016 |   |
|   Deferred income tax liabilities, net                                             |   |   | 33,244    |   |   |   | 30,970 |   |
|   Accounts payable and accrued expenses                                            |   |   | 33,610    |   |   |   | 35,241 |   |
|                                                                                         |   |   |      |   |   |   |   |   |
|           Total liabilities                |   |   | 7,525,180 |   |   |   | 7,462,382 |   |
|                                                                                         |   |   |      |   |   |   |   |   |
| COMMITMENTS AND CONTINGENCIES (NOTE 12)                                                      |   |   |      |   |   |   |   |   |
|                                                                                         |   |   |      |   |   |   |   |   |
| STOCKHOLDERS’ EQUITY:                                                                  |   |   |      |   |   |   |   |   |
|   Preferred stock, $.01 par value; 50,000,000 shares authorized,                   |   |   |      |   |   |   |   |   |
|     no shares issued or outstanding                                      |   |   | --        |   |   |   | -- |   |
|   Common stock, $.01 par value; 450,000,000 shares authorized,                     |   |   |      |   |   |   |   |   |
|     91,512,287 shares issued; 73,992,678 and 74,099,355 shares                |   |   |      |   |   |   |   |   |
|     outstanding as of September 30, 2010 and 2009, respectively          |   |   | 915       |   |   |   | 915 |   |
|   Additional paid-in capital                                                       |   |   | 457,795   |   |   |   | 452,872 |   |
|   Unearned compensation, Employee Stock Ownership Plan ("ESOP")                    |   |   | (6,050    | )      |   |   | (8,066 | ) |
|   Unearned compensation, Recognition and Retention Plan ("RRP")                    |   |   | (255      | )      |   |   | (330 | ) |
|   Retained earnings                                                                |   |   | 801,044   |   |   |   | 781,604 |   |
|   Accumulated other comprehensive income ("AOCI"), net of tax                      |   |   | 31,862    |   |   |   | 33,870 |   |
|                                                                                         |   |   |      |   |   |   |   |   |
|                                                                                         |   |   | 1,285,311 |   |   |   | 1,260,865 |   |
|                                                                                         |   |   |      |   |   |   |   |   |
|   Treasury stock, at cost, 17,519,609 and 17,412,932 shares as of                  |   |   |      |   |   |   |   |   |
|     September 30, 2010 and 2009, respectively                            |   |   | (323,361  | )      |   |   | (319,567 | ) |
|                                                                                         |   |   |      |   |   |   |   |   |
|           Total stockholders’ equity |   |   | 961,950   |   |   |   | 941,298 |   |
|                                                                                         |   |   |      |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY                                             |   | $      | 8,487,130 |   |   | $ | 8,403,680 |   |

----

| CAPITOL FEDERAL FINANCIAL AND SUBSIDIARIES                                                      |   |   |    |   |   |   |    |   |   |
|-------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|---------|--------|--------|
|                                                                                            |   |   |    |   |   |   |    |   |   |
| CONSOLIDATED STATEMENTS OF INCOME                                                               |   |   |    |   |   |   |    |   |   |
| YEARS ENDED SEPTEMBER 30, 2010, 2009, and 2008 (Dollars in thousands, except per share amounts) |   |
|                                                                                            |   |   |    |   |   |   |    |   |   |
|                                                                                            |   | 2010   |    |   | 2009   |   |    | 2008   |   |
| INTEREST AND DIVIDEND INCOME:                                                                   |   |   |    |   |   |   |    |   |   |
|   Loans receivable                                                                    |   | $      | 282,307 |   |   | $      | 305,782 |   |   | $ | 302,020 |   |
|   MBS                                                                                 |   |   | 71,859  |   |   |   | 97,926  |   |   |   | 88,395 |   |
|   Investment securities                                                               |   |   | 15,682  |   |   |   | 5,533   |   |   |   | 9,917 |   |
|   Capital stock of FHLB                                                               |   |   | 3,966   |   |   |   | 3,344   |   |   |   | 6,921 |   |
|   Cash and cash equivalents                                                           |   |   | 237     |   |   |   | 201     |   |   |   | 3,553 |   |
|           Total interest and dividend income  |   |   | 374,051 |   |   |   | 412,786 |   |   |   | 410,806 |   |
|                                                                                            |   |   |    |   |   |   |    |   |   |   |   |   |
| INTEREST EXPENSE:                                                                               |   |   |    |   |   |   |    |   |   |   |   |   |
|   FHLB advances                                                                       |   |   | 97,212  |   |   |   | 106,551 |   |   |   | 125,748 |   |
|   Deposits                                                                            |   |   | 79,216  |   |   |   | 100,471 |   |   |   | 133,435 |   |
|   Other Borrowings                                                                    |   |   | 28,058  |   |   |   | 29,122  |   |   |   | 17,455 |   |
|           Total interest expense              |   |   | 204,486 |   |   |   | 236,144 |   |   |   | 276,638 |   |
|                                                                                            |   |   |    |   |   |   |    |   |   |   |   |   |
| NET INTEREST INCOME                                                                             |   |   | 169,565 |   |   |   | 176,642 |   |   |   | 134,168 |   |
|                                                                                            |   |   |    |   |   |   |    |   |   |   |   |   |
| PROVISION FOR LOAN LOSSES                                                                       |   |   | 8,881   |   |   |   | 6,391   |   |   |   | 2,051 |   |
|                                                                                            |   |   |    |   |   |   |    |   |   |   |   |   |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES                                             |   |   | 160,684 |   |   |   | 170,251 |   |   |   | 132,117 |   |
|                                                                                            |   |   |    |   |   |   |    |   |   |   |   |   |
| OTHER INCOME:                                                                                   |   |   |    |   |   |   |    |   |   |   |   |   |
|   Retail fees and charges                                                             |   |   | 17,789  |   |   |   | 18,023  |   |   |   | 17,805 |   |
|   Loan fees                                                                           |   |   | 2,592   |   |   |   | 2,327   |   |   |   | 2,325 |   |
|   Insurance commissions                                                               |   |   | 2,476   |   |   |   | 2,440   |   |   |   | 2,238 |   |
|   Gains on securities, net                                                            |   |   | 6,454   |   |   |   | --      |   |   |   | -- |   |
|   Income from BOLI                                                                    |   |   | 1,202   |   |   |   | 1,158   |   |   |   | 2,323 |   |
|   Other income, net                                                                   |   |   | 3,898   |   |   |   | 4,646   |   |   |   | 5,336 |   |
|      Total other income                                                |   |   | 34,411  |   |   |   | 28,594  |   |   |   | 30,027 |   |

----

| CAPITOL FEDERAL FINANCIAL AND SUBSIDIARIES                                                      |   |   |       |   |   |   |       |   |   |
|-------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|------------|--------|--------|
|                                                                                            |   |   |       |   |   |   |       |   |   |
| CONSOLIDATED STATEMENTS OF INCOME                                                               |   |   |       |   |   |   |       |   |   |
| YEARS ENDED SEPTEMBER 30, 2010, 2009, and 2008 (Dollars in thousands, except per share amounts) |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |
|                                                                                            |   | 2010   |       |   | 2009   |   |       | 2008   |   |
| OTHER EXPENSES:                                                                                 |   |   |       |   |   |   |       |   |   |
|   Salaries and employee benefits                                                      |   |   | 42,666     |   |   |   | 43,318     |   |   |   | 43,498 |   |
|   Communications, information technology, and occupancy                               |   |   | 15,554     |   |   |   | 15,226     |   |   |   | 13,957 |   |
|   Federal insurance premium                                                           |   |   | 7,452      |   |   |   | 7,558      |   |   |   | 735 |   |
|   Advertising and promotional                                                         |   |   | 6,027      |   |   |   | 6,918      |   |   |   | 4,925 |   |
|   Deposit and loan transaction costs                                                  |   |   | 5,300      |   |   |   | 5,434      |   |   |   | 5,240 |   |
|   Regulatory and outside services                                                     |   |   | 4,769      |   |   |   | 4,318      |   |   |   | 5,457 |   |
|   Postage and office supplies                                                         |   |   | 2,465      |   |   |   | 2,636      |   |   |   | 2,234 |   |
|   Mortgage servicing activity, net                                                    |   |   | 600        |   |   |   | 3,148      |   |   |   | 1,108 |   |
|   Other expenses, net                                                                 |   |   | 4,897      |   |   |   | 5,065      |   |   |   | 4,835 |   |
|      Total other expenses                                              |   |   | 89,730     |   |   |   | 93,621     |   |   |   | 81,989 |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
| INCOME BEFORE INCOME TAX EXPENSE                                                                |   |   | 105,365    |   |   |   | 105,224    |   |   |   | 80,155 |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
| INCOME TAX EXPENSE                                                                              |   |   | 37,525     |   |   |   | 38,926     |   |   |   | 29,201 |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
| NET INCOME                                                                                      |   | $      | 67,840     |   |   | $      | 66,298     |   |   | $ | 50,954 |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
|   Basic earnings per share                                                            |   | $      | 0.93       |   |   | $      | 0.91       |   |   | $ | 0.70 |   |
|   Diluted earnings per share                                                          |   | $      | 0.93       |   |   | $      | 0.91       |   |   | $ | 0.70 |   |
|   Dividends declared per public share                                                 |   | $      | 2.29       |   |   | $      | 2.11       |   |   | $ | 2.00 |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
|   Basic weighted average common shares                                                |   |   | 73,270,388 |   |   |   | 73,144,116 |   |   |   | 72,938,871 |   |
|   Diluted weighted average common shares                                              |   |   | 73,286,852 |   |   |   | 73,208,101 |   |   |   | 73,012,666 |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |
|                                                                                            |   |   |       |   |   |   |       |   |   |   |   |   |

----

|                                                    |   |   |   |   | Additional |   |    | Unearned     |   |   |     |   |   |     |   |   |     |   |    | Total         |   |
|---------------------------------------------------------|--------|--------|--------|--------|------------|--------|---------|--------------|--------|--------|----------|--------|--------|----------|--------|--------|----------|--------|---------|---------------|--------|
|                                                    |   | Common |   |   | Paid-In    |   |    | Compensation |   |   | Retained |   |   | AOCI     |   |   | Treasury |   |    | Stockholders' |   |
|                                                    |   | Stock  |   |   | Capital    |   |    | ESOP         |   |   | RRP      |   |   | Earnings |   |   | (Loss)   |   |    | Stock         |   |   | Equity |   |
| Balance at October 1, 2007                              |   | $      | 915    |   |       | $      | 438,964 |         |   | $      | (12,098  | )      |   | $        | (630   | )      |     | $      | 750,186 |          |   | $ | 1,287 |   |   | $ | (310,993 | ) |   | $ | 867,631 |   |
|                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| Cumulative effect of adopting                           |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| Accounting Standards Codification                       |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|      ("ASC") 740, Income Taxes |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | (339    | )             |   |   |   |   |   |   |   |   |   |   | (339 | ) |
|                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive Income:                                   |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net income, fiscal year 2008          |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | 50,954  |          |   |   |   |   |   |   |   |   |   |   | 50,954 |   |
|    Changes in unrealized gain/losses on  |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    securities AFS, net of deferred       |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    income tax $4,414                          |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   | (7,255 | ) |   |   |   |   |   |   | (7,255 | ) |
| Total comprehensive income                              |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 43,699 |   |
|                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| ESOP activity, net                                      |   |   |   |   |       |   | 5,471   |         |   |   | 2,016    |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 7,487 |   |
| RRP activity, net                                       |   |   |   |   |       |   | 238     |         |   |   |     |   |   |     | 77     |   |     |   |    |          |   |   |   |   |   |   | 96 |   |   |   | 411 |   |
| Stock based compensation                                |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|     - stock options and RRP         |   |   |   |   |       |   | 323     |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 323 |   |
| Acquisition of treasury stock                           |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   | (7,307 | ) |   |   | (7,307 | ) |
| Stock options exercised                                 |   |   |   |   |       |   | 395     |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   | 342 |   |   |   | 737 |   |
| Dividends on common stock to                            |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    stockholders ($2.00 per public share) |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | (41,426 | )             |   |   |   |   |   |   |   |   |   |   | (41,426 | ) |
| Balance at September 30, 2008                           |   |   | 915    |   |       |   | 445,391 |         |   |   | (10,082  | )      |   |     | (553   | )      |     |   | 759,375 |          |   |   | (5,968 | ) |   |   | (317,862 | ) |   |   | 871,216 |   |
|                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive Income:                                   |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net income, fiscal year 2009          |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | 66,298  |          |   |   |   |   |   |   |   |   |   |   | 66,298 |   |
|    Changes in unrealized gain/losses on  |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    securities AFS, net of deferred       |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    income tax $24,210                         |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   | 39,838 |   |   |   |   |   |   |   | 39,838 |   |
| Total comprehensive income                              |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 106,136 |   |
|                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| ESOP activity, net                                      |   |   |   |   |       |   | 5,913   |         |   |   | 2,016    |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 7,929 |   |
| RRP activity, net                                       |   |   |   |   |       |   | 131     |         |   |   |     |   |   |     | (100   | )      |     |   |    |          |   |   |   |   |   |   | 24 |   |   |   | 55 |   |
| Stock based compensation                                |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|     - stock options and RRP         |   |   |   |   |       |   | 281     |         |   |   |     |   |   |     | 323    |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 604 |   |
| Acquisition of treasury stock                           |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   | (2,426 | ) |   |   | (2,426 | ) |
| Stock options exercised                                 |   |   |   |   |       |   | 1,156   |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   | 697 |   |   |   | 1,853 |   |
| Dividends on common stock to                            |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    stockholders ($2.11 per public share) |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | (44,069 | )             |   |   |   |   |   |   |   |   |   |   | (44,069 | ) |
| Balance at September 30, 2009                           |   |   | 915    |   |       |   | 452,872 |         |   |   | (8,066   | )      |   |     | (330   | )      |     |   | 781,604 |          |   |   | 33,870 |   |   |   | (319,567 | ) |   |   | 941,298 |   |

----

|                                                                                                                                                                                                                                    |   |   |   |   | Additional |   |    | Unearned     |   |   |     |   |   |     |   |   |     |   |    | Total         |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|------------|--------|---------|--------------|--------|--------|----------|--------|--------|----------|--------|--------|----------|--------|---------|---------------|--------|
|                                                                                                                                                                                                                                    |   | Common |   |   | Paid-In    |   |    | Compensation |   |   | Retained |   |   | AOCI     |   |   | Treasury |   |    | Stockholders' |   |
|                                                                                                                                                                                                                                    |   | Stock  |   |   | Capital    |   |    | ESOP         |   |   | RRP      |   |   | Earnings |   |   | (Loss)   |   |    | Stock         |   |   | Equity |   |
|                                                                                                                                                                                                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |
| Comprehensive Income:                                                                                                                                                                                                                   |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net income, fiscal year 2010                               |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | 67,840  |          |   |   |   |   |   |   |   |   |   |   | 67,840 |   |
|    Changes in unrealized gain/losses on                                                                                                                                                                                  |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    securities AFS, net of deferred                                                                                                                                                                                       |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    income tax $1,221                                                                                                                                                                                                          |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   | (2,008 | ) |   |   |   |   |   |   | (2,008 | ) |
| Total comprehensive income                                                                                                                                                                                                              |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 65,832 |   |
|                                                                                                                                                                                                                                    |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
| ESOP activity, net                                                                                                                                                                                                                      |   |   |   |   |       |   | 4,465   |         |   |   | 2,016    |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 6,481 |   |
| RRP activity, net                                                                                                                                                                                                                       |   |   |   |   |       |   | 123     |         |   |   |     |   |   |     | (163   | )      |     |   |    |          |   |   |   |   |   |   | 47 |   |   |   | 7 |   |
| Stock based compensation                                                                                                                                                                                                                |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|     - stock options and RRP                                                                                                                                                                                         |   |   |   |   |       |   | 214     |         |   |   |     |   |   |     | 238    |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   | 452 |   |
| Acquisition of treasury stock                                                                                                                                                                                                           |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   | (4,019 | ) |   |   | (4,019 | ) |
| Stock options exercised                                                                                                                                                                                                                 |   |   |   |   |       |   | 121     |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   | 178 |   |   |   | 299 |   |
| Dividends on common stock to                                                                                                                                                                                                            |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   |    |          |   |   |   |   |   |   |   |   |   |   |   |   |
|    stockholders ($2.29 per public share)                                                                                                                                                                                 |   |   |   |   |       |   |    |         |   |   |     |   |   |     |   |   |     |   | (48,400 | )             |   |   |   |   |   |   |   |   |   |   | (48,400 | ) |
| Balance at September 30, 2010                                                                                                                                                                                                           |   | $      | 915    |   |       | $      | 457,795 |         |   | $      | (6,050   | )      |   | $        | (255   | )      |     | $      | 801,044 |          |   | $ | 31,862 |   |   | $ | (323,361 | ) |   | $ | 961,950 |   |

----

| CAPITOL FEDERAL FINANCIAL AND SUBSIDIARIES                                                                   |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                             |   |
| CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                        |   |
| YEARS ENDED SEPTEMBER 30, 2010, 2009, and 2008 (Dollars in thousands)          |   |
|                                                                                                                             |   |   |   |   |   |   |   |   |   |
|                                                                                                                             |   | 2010 |   |   | 2009 |   |   | 2008 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                        |   |   |   |   |   |   |   |   |   |
|   Net income                                                                                                           |   | $ | 67,840 |   |   | $ | 66,298 |   |   | $ | 50,954 |   |
|   Adjustments to reconcile net income to net cash provided by        |   |   |   |   |   |   |   |   |   |   |   |   |
|     operating activities:                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|     FHLB stock dividends                                                                           |   |   | (3,966 | ) |   |   | (3,344 | ) |   |   | (6,921 | ) |
|     Provision for loan losses                                                                 |   |   | 8,881 |   |   |   | 6,391 |   |   |   | 2,051 |   |
|     Originations of loans receivable held-for-sale ("LHFS")                         |   |   | (47,488 | ) |   |   | (851 | ) |   |   | (47,062 | ) |
|     Proceeds from sales of LHFS                                                          |   |   | 46,140 |   |   |   | 97,838 |   |   |   | 48,444 |   |
|     Amortization and accretion of premiums and discounts on               |   |   |   |   |   |   |   |   |   |   |   |   |
|       MBS and investment securities                                                 |   |   | 5,940 |   |   |   | 2,644 |   |   |   | 717 |   |
|     Depreciation and amortization of premises and equipment                    |   |   | 4,584 |   |   |   | 5,132 |   |   |   | 5,428 |   |
|     Deferred amounts related to FHLB advances, net                             |   |   | 6,676 |   |   |   | 3,829 |   |   |   | 1,129 |   |
|     Common stock committed to be released for allocation - ESOP |   |   | 6,481 |   |   |   | 7,929 |   |   |   | 7,487 |   |
|     Stock based compensation - stock options and RRP                      |   |   | 452 |   |   |   | 604 |   |   |   | 722 |   |
|     Provision for deferred income taxes                                             |   |   | 3,466 |   |   |   | 3,548 |   |   |   | 8,160 |   |
|     Gain on the sale of trading securities received                  |   |   |   |   |   |   |   |   |   |   |   |   |
|       in the loan swap transaction                                             |   |   | (6,454 | ) |   |   | -- |   |   |   | -- |   |
|     Changes in:                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|       Prepaid federal insurance premium, net                                   |   |   | (20,447 | ) |   |   | -- |   |   |   | -- |   |
|       Accrued interest receivable                                                        |   |   | 2,420 |   |   |   | 1,064 |   |   |   | 2,165 |   |
|       Other assets, net                                                                  |   |   | (7,035 | ) |   |   | 837 |   |   |   | (6,142 | ) |
|       Income taxes payable/receivable                                                    |   |   | (6,697 | ) |   |   | 8 |   |   |   | 12,978 |   |
|       Accounts payable and accrued expenses                                    |   |   | (1,631 | ) |   |   | (1,209 | ) |   |   | 1,610 |   |
|           Net cash provided by operating activities   |   |   | 59,162 |   |   |   | 190,718 |   |   |   | 81,720 |   |
|                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|     Proceeds from sale of trading securities received                     |   |   |   |   |   |   |   |   |   |   |   |   |
|        in the loan swap transaction                                       |   |   | 199,144 |   |   |   | -- |   |   |   | -- |   |
|     Proceeds from maturities or calls of investment securities AFS   |   |   | 177,093 |   |   |   | 70,057 |   |   |   | 99,810 |   |
|     Purchases of investment securities AFS                                               |   |   | -- |   |   |   | (255,046 | ) |   |   | (49,248 | ) |
|     Proceeds from maturities or calls of investment securities HTM   |   |   | 497,090 |   |   |   | 39,703 |   |   |   | 514,208 |   |
|     Purchases of investment securities HTM                                               |   |   | (1,530,583 | ) |   |   | (193,507 | ) |   |   | (185,138 | ) |
|     Principal collected on MBS AFS                                                       |   |   | 380,048 |   |   |   | 326,044 |   |   |   | 233,225 |   |
|     Purchases of MBS AFS                                                                      |   |   | -- |   |   |   | (169,452 | ) |   |   | (1,324,872 | ) |
|     Principal collected on MBS HTM                                                       |   |   | 131,260 |   |   |   | 168,888 |   |   |   | 266,853 |   |
|     Purchases of MBS HTM                                                                      |   |   | (131,426 | ) |   |   | (21,756 | ) |   |   | (5,483 | ) |
|     Proceeds from the redemption of capital stock of FHLB            |   |   | 16,185 |   |   |   | 3,688 |   |   |   | 35,261 |   |
|     Purchases of capital stock of FHLB                                              |   |   | (21 | ) |   |   | (9,002 | ) |   |   | (13,085 | ) |
|     Loan originations and purchases, net of principal collected                |   |   | 220,349 |   |   |   | (396,886 | ) |   |   | (40,784 | ) |
|     Net deferred fee activity                                                                 |   |   | (721 | ) |   |   | 2,101 |   |   |   | 195 |   |
|     Purchases of premises and equipment                                                  |   |   | (8,183 | ) |   |   | (13,053 | ) |   |   | (8,721 | ) |
|     Proceeds from sales of REO                                                           |   |   | 11,273 |   |   |   | 7,669 |   |   |   | 5,197 |   |
|           Net cash used in investing activities       |   |   | (38,492 | ) |   |   | (440,552 | ) |   |   | (472,582 | ) |

----

| CAPITOL FEDERAL FINANCIAL AND SUBSIDIARIES                                                                       |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                 |   |
| CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                            |   |
| YEARS ENDED SEPTEMBER 30, 2010, 2009, and 2008 (Dollars in thousands)              |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                 |   | 2010 |   |   | 2009 |   |   | 2008 |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                                            |   |   |   |   |   |   |   |   |   |
|     Dividends paid                                                                                          |   |   | (48,400 | ) |   |   | (44,069 | ) |   |   | (41,426 | ) |
|     Deposits, net of withdrawals                                                                  |   |   | 157,701 |   |   |   | 304,726 |   |   |   | 1,101 |   |
|     Proceeds from advances/line of credit from FHLB                                |   |   | 300,000 |   |   |   | 1,561,612 |   |   |   | 834,700 |   |
|     Repayments on advances/line of credit from FHLB                                |   |   | (350,000 | ) |   |   | (1,581,612 | ) |   |   | (1,134,700 | ) |
|     Deferred FHLB prepayment penalty                                                              |   |   | (875 | ) |   |   | (38,388 | ) |   |   | -- |   |
|     Proceeds from repurchase agreements                                                           |   |   | -- |   |   |   | -- |   |   |   | 660,000 |   |
|     Repayment of repurchase agreements                                                            |   |   | (45,000 | ) |   |   | -- |   |   |   | -- |   |
|     Change in advance payments by borrowers for taxes and insurance |   |   | (331 | ) |   |   | 2,154 |   |   |   | 2,104 |   |
|     Deferred offering costs                                                                                      |   |   | (5,982 | ) |   |   | -- |   |   |   | -- |   |
|     Acquisitions of treasury stock                                                                |   |   | (4,019 | ) |   |   | (2,426 | ) |   |   | (7,307 | ) |
|     Stock options exercised                                                                            |   |   | 210 |   |   |   | 1,337 |   |   |   | 623 |   |
|     Excess tax benefits from stock options                                              |   |   | 89 |   |   |   | 516 |   |   |   | 114 |   |
|           Net cash provided by financing activities       |   |   | 3,393 |   |   |   | 203,850 |   |   |   | 315,209 |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                         |   |   | 24,063 |   |   |   | (45,984 | ) |   |   | (75,653 | ) |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS:                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Beginning of Period                                                                                                        |   |   | 41,154 |   |   |   | 87,138 |   |   |   | 162,791 |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| End of Period                                                                                                              |   | $ | 65,217 |   |   | $ | 41,154 |   |   | $ | 87,138 |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|   Income tax payments                                                                                            |   | $ | 40,664 |   |   | $ | 35,334 |   |   | $ | 8,050 |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|   Interest payments                                                                                                        |   | $ | 199,433 |   |   | $ | 236,137 |   |   | $ | 275,319 |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|   AND FINANCING ACTIVITIES:                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|   Loans transferred to REO                                                                                  |   | $ | 13,717 |   |   | $ | 10,730 |   |   | $ | 8,159 |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|   Transfer of loans receivable to LHFS, net                                                  |   | $ | -- |   |   | $ | 94,672 |   |   | $ | -- |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|   Swap of loans for trading securities                                                            |   | $ | 193,889 |   |   | $ | -- |   |   | $ | -- |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|   Market value change related to fair value hedge:                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|      Interest rate swaps hedging FHLB advances                                     |   | $ | -- |   |   | $ | -- |   |   | $ | (13,817 | ) |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| See notes to consolidated financial statements                                                              |   |   |   |   |   |   |   |   |   | (Concluded) |   |

----

| 1.   | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
|----------------|--------------------------------------------|

----

----

----

----

----

|                            |   | 2010   |        |   | 2009   |   |
|---------------------------------|--------|--------|-------------|--------|--------|--------|
| Total voting shares outstanding |   |   | 73,992,678  |   |   |   | 74,099,355 |   |
| Unvested shares in ESOP         |   |   | (604,918    | )      |   |   | (806,556 | ) |
| Shares held by MHC              |   |   | (52,192,817 | )      |   |   | (52,192,817 | ) |
| Total public shares             |   |   | 21,194,943  |   |   |   | 21,099,982 |   |

----

----

| 2.   | EARNINGS PER SHARE |
|----------------|--------------------|

|                                                                          |   | 2010                   |       |   | 2009   |   |       | 2008   |   |
|-------------------------------------------------------------------------------|--------|------------------------|------------|--------|--------|--------|------------|--------|--------|
|                                                                          |   | (Dollars in thousands) |       |
|                                                                          |   |                   |       |   |   |   |       |   |   |
| Net income (1)                                                                |   | $                      | 67,840     |   |   | $      | 66,298     |   |   | $ | 50,954 |   |
|                                                                          |   |                   |       |   |   |   |       |   |   |   |   |   |
| Average common shares outstanding                                             |   |                   | 73,194,152 |   |   |   | 73,067,880 |   |   |   | 72,862,705 |   |
| Average committed ESOP shares outstanding                                     |   |                   | 76,236     |   |   |   | 76,236     |   |   |   | 76,166 |   |
|      Total basic average common shares outstanding   |   |                   | 73,270,388 |   |   |   | 73,144,116 |   |   |   | 72,938,871 |   |
|                                                                          |   |                   |       |   |   |   |       |   |   |   |   |   |
| Effect of dilutive RRP shares                                                 |   |                   | 2,868      |   |   |   | 5,378      |   |   |   | 5,460 |   |
| Effect of dilutive stock options                                              |   |                   | 13,596     |   |   |   | 58,607     |   |   |   | 68,335 |   |
|                                                                          |   |                   |       |   |   |   |       |   |   |   |   |   |
|      Total diluted average common shares outstanding |   |                   | 73,286,852 |   |   |   | 73,208,101 |   |   |   | 73,012,666 |   |
|                                                                          |   |                   |       |   |   |   |       |   |   |   |   |   |
| Net EPS                                                                       |   |                   |       |   |   |   |       |   |   |   |   |   |
|      Basic                                           |   | $                      | 0.93       |   |   | $      | 0.91       |   |   | $ | 0.70 |   |
|      Diluted                                         |   | $                      | 0.93       |   |   | $      | 0.91       |   |   | $ | 0.70 |   |
|                                                                          |   |                   |       |   |   |   |       |   |   |   |   |   |
| Antidilutive stock options and RRP, excluded                                  |   |                   |       |   |   |   |       |   |   |   |   |   |
|      from the diluted average common shares          |   |                   |       |   |   |   |       |   |   |   |   |   |
|      outstanding calculation                         |   |                   | 283,950    |   |   |   | 74,050     |   |   |   | 31,100 |   |

----

| 3.   | SECURITIES |
|----------------|------------|

|                                   |   | September 30, 2010     |      |
|----------------------------------------|--------|------------------------|-----------|
|                                   |   |                   |      |   | Gross |   |   | Gross |   |   | Estimated |   |
|                                   |   | Amortized              |      |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
|                                   |   | Cost                   |      |   | Gains |   |   | Losses |   |   | Value |   |
|                                   |   | (Dollars in thousands) |      |
| AFS:                                   |   |                   |      |   |   |   |   |   |   |   |   |   |
|   GSE debentures             |   | $                      | 50,151    |   |   | $ | 104 |   |   | $ | -- |   |   | $ | 50,255 |   |
|   Municipal bonds            |   |                   | 2,649     |   |   |   | 170 |   |   |   | -- |   |   |   | 2,819 |   |
|   Trust preferred securities |   |                   | 3,721     |   |   |   | -- |   |   |   | 925 |   |   |   | 2,796 |   |
|   MBS                        |   |                   | 952,621   |   |   |   | 51,881 |   |   |   | 6 |   |   |   | 1,004,496 |   |
|                                   |   |                   | 1,009,142 |   |   |   | 52,155 |   |   |   | 931 |   |   |   | 1,060,366 |   |
|                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| HTM:                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   GSE debentures             |   |                   | 1,208,829 |   |   |   | 4,441 |   |   |   | -- |   |   |   | 1,213,270 |   |
|   Municipal bonds            |   |                   | 67,957    |   |   |   | 2,654 |   |   |   | 1 |   |   |   | 70,610 |   |
|   MBS                        |   |                   | 603,368   |   |   |   | 26,209 |   |   |   | 3 |   |   |   | 629,574 |   |
|                                   |   |                   | 1,880,154 |   |   |   | 33,304 |   |   |   | 4 |   |   |   | 1,913,454 |   |
|                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                   |   | $                      | 2,889,296 |   |   | $ | 85,459 |   |   | $ | 935 |   |   | $ | 2,973,820 |   |
|                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                   |   | September 30, 2009     |      |
|                                   |   |                   |      |   |   | Gross |   |   | Gross |   |   | Estimated |   |
|                                   |   | Amortized              |      |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
|                                   |   | Cost                   |      |   | Gains |   |   | Losses |   |   | Value |   |
|                                   |   | (Dollars in thousands) |      |
| AFS:                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   GSE debentures             |   | $                      | 228,743   |   |   | $ | 1,132 |   |   | $ | -- |   |   | $ | 229,875 |   |
|   Municipal bonds            |   |                   | 2,668     |   |   |   | 131 |   |   |   | -- |   |   |   | 2,799 |   |
|   Trust preferred securities |   |                   | 3,774     |   |   |   | -- |   |   |   | 1,664 |   |   |   | 2,110 |   |
|   MBS                        |   |                   | 1,334,357 |   |   |   | 55,552 |   |   |   | 698 |   |   |   | 1,389,211 |   |
|                                   |   |                   | 1,569,542 |   |   |   | 56,815 |   |   |   | 2,362 |   |   |   | 1,623,995 |   |
|                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| HTM:                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   GSE debentures             |   |                   | 175,394   |   |   |   | 535 |   |   |   | -- |   |   |   | 175,929 |   |
|   Municipal bonds            |   |                   | 70,526    |   |   |   | 2,514 |   |   |   | 40 |   |   |   | 73,000 |   |
|   MBS                        |   |                   | 603,256   |   |   |   | 24,645 |   |   |   | 72 |   |   |   | 627,829 |   |
|                                   |   |                   | 849,176   |   |   |   | 27,694 |   |   |   | 112 |   |   |   | 876,758 |   |
|                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                   |   | $                      | 2,418,718 |   |   | $ | 84,509 |   |   | $ | 2,474 |   |   | $ | 2,500,753 |   |

----

|           |   | At September 30,       |      |
|----------------|--------|------------------------|-----------|
|           |   | 2010                   |      |   | 2009 |   |
|           |   | (Dollars in thousands) |      |
|           |   |                   |      |   |   |   |
| FNMA           |   | $                      | 890,216   |   |   | $ | 1,035,271 |   |
| FHLMC          |   |                   | 712,253   |   |   |   | 949,639 |   |
| GNMA           |   |                   | 2,452     |   |   |   | 2,921 |   |
| Private Issuer |   |                   | 2,943     |   |   |   | 4,636 |   |
|           |   | $                      | 1,607,864 |   |   | $ | 1,992,467 |   |

|                                      |   | For the Year Ended     |   |
|-------------------------------------------|--------|------------------------|--------|
|                                      |   | September 30,          |   |
|                                      |   | 2010                   |   |   | 2009 |   |   | 2008 |   |
|                                      |   | (Dollars in thousands) |   |
|                                      |   |                   |   |   |   |   |   |   |   |
|      Taxable     |   | $                      | 13,547 |   |   | $ | 3,526 |   |   | $ | 8,313 |   |
|      Non-taxable |   |                   | 2,135  |   |   |   | 2,007 |   |   |   | 1,604 |   |
|                                      |   | $                      | 15,682 |   |   | $ | 5,533 |   |   | $ | 9,917 |   |

----

|                                         |   | September 30, 2010     |   |
|----------------------------------------------|--------|------------------------|--------|
|                                         |   | Less Than              |   |   | Equal to or Greater |   |
|                                         |   | 12 Months              |   |   | Than 12 Months |   |
|                                         |   |                   |   |   | Estimated |   |   |   |   |   |   |   |   | Estimated |   |   |   |   |
|                                         |   |                   |   |   | Fair |   |   | Unrealized |   |   |   |   |   | Fair |   |   | Unrealized |   |
|                                         |   | Count                  |   |   | Value |   |   | Losses |   |   | Count |   |   | Value |   |   | Losses |   |
|                                         |   | (Dollars in thousands) |   |
| AFS:                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Trust preferred securities       |   |                   | --     |   |   | $ | -- |   |   | $ | -- |   |   |   | 1 |   |   | $ | 2,796 |   |   | $ | 925 |   |
|   MBS                              |   |                   | 4      |   |   |   | 1,678 |   |   |   | 5 |   |   |   | 3 |   |   |   | 359 |   |   |   | 1 |   |
|                                         |   |                   | 4      |   |   | $ | 1,678 |   |   | $ | 5 |   |   |   | 4 |   |   | $ | 3,155 |   |   | $ | 926 |   |
|                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| HTM:                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Municipal bonds                  |   |                   | --     |   |   | $ | -- |   |   | $ | -- |   |   |   | 1 |   |   | $ | 878 |   |   | $ | 1 |   |
|   MBS                              |   |                   | 1      |   |   |   | 48,392 |   |   |   | 3 |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
|                                         |   |                   | 1      |   |   | $ | 48,392 |   |   | $ | 3 |   |   |   | 1 |   |   | $ | 878 |   |   | $ | 1 |   |
|                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   | September 30, 2009     |   |
|                                         |   | Less Than              |   |   | Equal to or Greater |   |
|                                         |   | 12 Months              |   |   | Than 12 Months |   |
|                                         |   |                   |   |   |   | Estimated |   |   |   |   |   |   |   |   |   |   | Estimated |   |   |   |   |   |
|                                         |   |                   |   |   |   | Fair |   |   | Unrealized |   |   |   |   |   |   | Fair |   |   | Unrealized |   |
|                                         |   | Count                  |   |   | Value |   |   | Losses |   |   | Count |   |   | Value |   |   | Losses |   |
|                                         |   | (Dollars in thousands) |   |
| AFS:                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Trust preferred securities |   |                   | --     |   |   | $ | -- |   |   | $ | -- |   |   |   | 1 |   |   | $ | 2,110 |   |   | $ | 1,664 |   |
|    MBS                        |   |                   | 16     |   |   |   | 57,157 |   |   |   | 600 |   |   |   | 37 |   |   |   | 15,804 |   |   |   | 98 |   |
|                                         |   |                   | 16     |   |   | $ | 57,157 |   |   | $ | 600 |   |   |   | 38 |   |   | $ | 17,914 |   |   | $ | 1,762 |   |
|                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| HTM:                                         |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Municipal bonds            |   |                   | 4      |   |   | $ | 1,930 |   |   | $ | 36 |   |   |   | 1 |   |   | $ | 495 |   |   | $ | 4 |   |
|    MBS                        |   |                   | 3      |   |   |   | 5,563 |   |   |   | 26 |   |   |   | 4 |   |   |   | 11,043 |   |   |   | 46 |   |
|                                         |   |                   | 7      |   |   | $ | 7,493 |   |   | $ | 62 |   |   |   | 5 |   |   | $ | 11,538 |   |   | $ | 50 |   |

----

|                         |   | AFS                    |      |   | HTM       |   |      | Total     |   |
|------------------------------|--------|------------------------|-----------|--------|-----------|--------|-----------|-----------|--------|
|                         |   |                   |      |   | Estimated |   |      |      |   |   | Estimated |   |   |   |   |   | Estimated |   |
|                         |   | Amortized              |      |   | Fair      |   |      | Amortized |   |   | Fair |   |   | Amortized |   |   | Fair |   |
|                         |   | Cost                   |      |   | Value     |   |      | Cost      |   |   | Value |   |   | Cost |   |   | Value |   |
|                         |   | (Dollars in thousands) |      |
|                         |   |                   |      |   |      |   |      |      |   |   |   |   |   |   |   |   |   |   |
| One year or less             |   | $                      | 25,151    |   |      | $      | 25,217    |      |   | $ | 4,642 |   |   | $ | 4,676 |   |   | $ | 29,793 |   |   | $ | 29,893 |   |
| One year through five years  |   |                   | 25,580    |   |      |   | 25,653    |      |   |   | 1,204,409 |   |   |   | 1,209,546 |   |   |   | 1,229,989 |   |   |   | 1,235,199 |   |
| Five years through ten years |   |                   | 130,178   |   |      |   | 139,542   |      |   |   | 318,357 |   |   |   | 336,592 |   |   |   | 448,535 |   |   |   | 476,134 |   |
| Ten years and thereafter     |   |                   | 828,233   |   |      |   | 869,954   |      |   |   | 352,746 |   |   |   | 362,640 |   |   |   | 1,180,979 |   |   |   | 1,232,594 |   |
|                         |   | $                      | 1,009,142 |   |      | $      | 1,060,366 |      |   | $ | 1,880,154 |   |   | $ | 1,913,454 |   |   | $ | 2,889,296 |   |   | $ | 2,973,820 |   |

----

| 4.   | LOANS RECEIVABLE and ALLOWANCE FOR LOAN LOSSES |
|----------------|------------------------------------------------|

|                                                  |   | 2010                   |      |   | 2009   |   |
|-------------------------------------------------------|--------|------------------------|-----------|--------|--------|--------|
|                                                  |   | (Dollars in thousands) |      |
| Mortgage loans:                                       |   |                   |      |   |   |   |
|   One- to four-family                       |   | $                      | 4,915,651 |   |   | $      | 5,321,935 |   |
|   Multi-family and commercial               |   |                   | 66,476    |   |   |   | 80,493 |   |
|   Construction                              |   |                   | 33,168    |   |   |   | 39,535 |   |
|      Total real estate loans |   |                   | 5,015,295 |   |   |   | 5,441,963 |   |
|                                                  |   |                   |      |   |   |   |   |   |
| Consumer loans:                                       |   |                   |      |   |   |   |   |   |
|   Home equity                               |   |                   | 186,347   |   |   |   | 195,557 |   |
|   Other                                     |   |                   | 7,671     |   |   |   | 9,430 |   |
|      Total consumer loans    |   |                   | 194,018   |   |   |   | 204,987 |   |
|                                                  |   |                   |      |   |   |   |   |   |
| Total loans receivable                                |   |                   | 5,209,313 |   |   |   | 5,646,950 |   |
|                                                  |   |                   |      |   |   |   |   |   |
| Less:                                                 |   |                   |      |   |   |   |   |   |
|   Undisbursed loan funds                    |   |                   | 15,489    |   |   |   | 20,649 |   |
|   Allowance for loan losses                 |   |                   | 14,892    |   |   |   | 10,150 |   |
|   Unearned loan fees and deferred costs     |   |                   | 10,730    |   |   |   | 12,186 |   |
|                                                  |   | $                      | 5,168,202 |   |   | $      | 5,603,965 |   |

----

|                                                   |   | 2010                   |   |   | 2009   |   |   |   |   |
|--------------------------------------------------------|--------|------------------------|--------|--------|--------|--------|--------|--------|--------|
|                                                   |   | (Dollars in thousands) |   |   |   |   |
|                                                   |   |                   |   |   |   |   |   |   |   |
| Impaired loans without a specific valuation allowance  |   | $                      | 39,508 |   |   | $      | 19,052 |   |   |   |   |
| Impaired loans with a specific valuation allowance     |   |                   | 17,610 |   |   |   | 22,347 |   |   |   |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |
|                                                   |   | $                      | 57,118 |   |   | $      | 41,399 |   |   |   |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |
| Specific valuation allowance related to impaired loans |   | $                      | 4,336  |   |   | $      | 4,596  |   |   |   |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |
|                                                   |   |                   | 2010   |   |   |   | 2009   |   |   |   | 2008 |   |
|                                                   |   | (Dollars in thousands) |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |   |
| Average investment in impaired loans                   |   | $                      | 50,693 |   |   | $      | 25,156 |   |   | $ | 10,878 |   |
|                                                   |   |                   |   |   |   |   |   |   |   |   |   |   |
| Interest income recognized on impaired loans           |   | $                      | 2,152  |   |   | $      | 473    |   |   | $ | 150 |   |

----

|                                                                  |   | 2010                   |   |   | 2009   |   |   | 2008   |   |
|-----------------------------------------------------------------------|--------|------------------------|--------|--------|--------|--------|--------|--------|--------|
|                                                                  |   | (Dollars in thousands) |   |
|                                                                  |   |                   |   |   |   |   |   |   |   |
| Balance at beginning of year                                          |   | $                      | 10,150 |   |   | $      | 5,791  |   |   | $ | 4,181 |   |
|   Plus provision for loan losses                            |   |                   | 8,881  |   |   |   | 6,391  |   |   |   | 2,051 |   |
|   Less charge-offs:                                         |   |                   |   |   |   |   |   |   |   |   |   |   |
|      Residential - one- to four-family loans |   |                   | 4,131  |   |   |   | 2,007  |   |   |   | 407 |   |
|      Home equity                             |   |                   | 28     |   |   |   | 1      |   |   |   | 2 |   |
|      Other                                   |   |                   | 17     |   |   |   | 24     |   |   |   | 32 |   |
|        Total charge-offs           |   |                   | 4,176  |   |   |   | 2,032  |   |   |   | 441 |   |
|   Plus recoveries                                           |   |                   | 172    |   |   |   | --     |   |   |   | -- |   |
|   Allowance for loan losses associated with the             |   |                   |   |   |   |   |   |   |   |   |   |   |
|     loan swap transaction                         |   |                   | (135   | )      |   |   | --     |   |   |   | -- |   |
| Balance at end of year                                                |   | $                      | 14,892 |   |   | $      | 10,150 |   |   | $ | 5,791 |   |

| 5.   | PREMISES AND EQUIPMENT, Net |
|----------------|-----------------------------|

|                              |   | 2010                   |   |   | 2009   |   |
|-----------------------------------|--------|------------------------|--------|--------|--------|--------|
|                              |   | (Dollars in thousands) |   |
|                              |   |                   |   |   |   |   |
| Land                              |   | $                      | 7,877  |   |   | $      | 7,866 |   |
| Building and improvements         |   |                   | 45,295 |   |   |   | 40,167 |   |
| Furniture, fixtures and equipment |   |                   | 37,289 |   |   |   | 35,874 |   |
|                              |   |                   | 90,461 |   |   |   | 83,907 |   |
|                              |   |                   |   |   |   |   |   |   |
| Less accumulated depreciation     |   |                   | 49,201 |   |   |   | 46,198 |   |
|                              |   |                   |   |   |   |   |   |   |
|                              |   | $                      | 41,260 |   |   | $      | 37,709 |   |

| 2011       |   | $      | 1,124  |   |
|------------|--------|--------|--------|--------|
| 2012       |   |   | 985    |   |
| 2013       |   |   | 852    |   |
| 2014       |   |   | 807    |   |
| 2015       |   |   | 744    |   |
| Thereafter |   |   | 7,733  |   |
|       |   | $      | 12,245 |   |

----

| 6.   | DEPOSITS |
|----------------|----------|

|                                         |                        |   | 2010                             |      |      | 2009     |   |
|----------------------------------------------|-----------------------------|--------|----------------------------------|-----------|-----------|----------|--------|
|                                         |                        |   |                             |      |      | Weighted |   |   |   |   |   |   |   |   | Weighted |   |   |   |   |
|                                         |                        |   |                             |      |      | Average  |   |   | % of |   |   |   |   |   | Average |   |   | % of |   |
|                                         | Amount                      |   |                             | Rate      |      |     | Total  |   |   | Amount |   |   | Rate |   |   | Total |   |
|                                         |                        |   | (Dollars in thousands) |      |
| Non-certificates:                            |                        |   |                             |      |      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Checking                                     |                        |   | $                                | 482,428   |      |     |   | 0.13 | % |   |   | 11.0 | % |   | $ | 439,975 |   |   |   | 0.17 | % |   |   | 10.4 | % |
| Savings                                      |                        |   |                             | 234,285   |      |     |   | 0.54 |   |   |   | 5.3 |   |   |   | 226,396 |   |   |   | 0.66 |   |   |   | 5.4 |   |
| Money market                            |                        |   |                             | 942,428   |      |     |   | 0.65 |   |   |   | 21.5 |   |   |   | 848,157 |   |   |   | 0.82 |   |   |   | 20.1 |   |
| Total non-certificates                  |                        |   |                             | 1,659,141 |      |     |   | 0.48 |   |   |   | 37.8 |   |   |   | 1,514,528 |   |   |   | 0.61 |   |   |   | 35.9 |   |
|                                         |                        |   |                             |      |      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Certificates of deposit:           |                        |   |                             |      |      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         | 0.00 – 0.99 | %      |                             |      | 193,959   |     |   |   | 0.53 |   |   |   | 4.4 |   |   |   | 78,036 |   |   |   | 0.55 |   |   |   | 1.8 |   |
|                                         | 1.00 – 1.99 | %      |                             |      | 1,013,538 |     |   |   | 1.44 |   |   |   | 23.1 |   |   |   | 254,846 |   |   |   | 1.55 |   |   |   | 6.0 |   |
|                                         | 2.00 – 2.99 | %      |                             |      | 777,687   |     |   |   | 2.53 |   |   |   | 17.7 |   |   |   | 971,605 |   |   |   | 2.42 |   |   |   | 23.0 |   |
|                                         | 3.00 – 3.99 | %      |                             |      | 576,595   |     |   |   | 3.50 |   |   |   | 13.2 |   |   |   | 848,991 |   |   |   | 3.45 |   |   |   | 20.1 |   |
|                                         | 4.00 – 4.99 | %      |                             |      | 164,763   |     |   |   | 4.32 |   |   |   | 3.8 |   |   |   | 326,087 |   |   |   | 4.41 |   |   |   | 7.7 |   |
|                                         | 5.00 – 5.99 | %      |                             |      | 627       |     |   |   | 5.29 |   |   |   | -- |   |   |   | 233,572 |   |   |   | 5.17 |   |   |   | 5.5 |   |
|                                         | 6.00 – 6.99 | %      |                             |      | --        |     |   |   | -- |   |   |   | -- |   |   |   | 944 |   |   |   | 6.48 |   |   |   | -- |   |
| Total certificates of deposit |                        |   |                             | 2,727,169 |      |     |   | 2.29 |   |   |   | 62.2 |   |   |   | 2,714,081 |   |   |   | 3.09 |   |   |   | 64.1 |   |
|                                         |                        |   |                             | $         | 4,386,310 |     |   |   | 1.61 | % |   |   | 100.0 | % |   | $ | 4,228,609 |   |   |   | 2.20 | % |   |   | 100.0 | % |

|       |   |                   |      |   | Weighted |   |
|------------|--------|------------------------|-----------|--------|----------|--------|
|       |   |                   |      |   | Average  |   |
|       |   | Amount                 |      |   | Rate     |   |
|       |   | (Dollars in thousands) |      |
|       |   |                   |      |   |     |   |
| 2011       |   | $                      | 1,516,681 |   |     |   | 1.97 | % |
| 2012       |   |                   | 596,412   |   |     |   | 2.70 |   |
| 2013       |   |                   | 288,820   |   |     |   | 2.61 |   |
| 2014       |   |                   | 189,672   |   |     |   | 2.66 |   |
| 2015       |   |                   | 133,361   |   |     |   | 2.91 |   |
| Thereafter |   |                   | 2,223     |   |     |   | 3.02 |   |
|       |   | $                      | 2,727,169 |   |     |   | 2.29 | % |

|         |   | Year Ended September 30, |   |
|--------------|--------|--------------------------|--------|
|         |
|         |   | 2010                     |   |   | 2009 |   |   | 2008 |   |
|         |   | (Dollars in thousands)   |   |
|         |   |                     |   |   |   |   |   |   |   |
| Checking     |   | $                        | 622    |   |   | $ | 879 |   |   | $ | 819 |   |
| Savings      |   |                     | 1,323  |   |   |   | 1,873 |   |   |   | 4,105 |   |
| Money market |   |                     | 6,522  |   |   |   | 8,512 |   |   |   | 16,771 |   |
| Certificates |   |                     | 70,749 |   |   |   | 89,207 |   |   |   | 111,740 |   |
|         |   | $                        | 79,216 |   |   | $ | 100,471 |   |   | $ | 133,435 |   |

----

| 7.   | BORROWED FUNDS |
|----------------|----------------|

|                                                          |   | 2010                   |      |   | 2009   |   |
|---------------------------------------------------------------|--------|------------------------|-----------|--------|--------|--------|
|                                                          |   | (Dollars in thousands) |      |
|                                                          |   |                   |      |   |   |   |
| Fixed-rate FHLB advances                                      |   | $                      | 2,376,000 |   |   | $      | 2,426,000 |   |
| Deferred prepayment penalty                                   |   |                   | (28,261   | )      |   |   | (34,227 | ) |
| Deferred gain on terminated interest rate swaps               |   |                   | 632       |   |   |   | 797 |   |
|                                                          |   | $                      | 2,348,371 |   |   | $      | 2,392,570 |   |
|                                                          |   |                   |      |   |   |   |   |   |
| Weighted average contractual interest rate on FHLB advances   |   |                   | 3.61      | %      |   |   | 3.79 | % |
| Weighted average effective interest rate on FHLB advances (1) |   |                   | 3.96      | %      |   |   | 4.13 | % |

| (1)   | The effective rate includes the net impact of the amortization of deferred prepayment penalties related to the prepayment of certain FHLB advances and deferred gains related to the termination of interest rate swaps. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                  |   | 2010                   |    |   | 2009        |   |
|-----------------------|--------|------------------------|---------|--------|-------------|--------|
|                  |   |                   |    |   | Weighted    |   |   |   |   |   | Weighted |   |
|                  |   |                   |    |   | Average     |   |   |   |   |   | Average |   |
|                  |   |                   |    |   | Contractual |   |   |   |   |   | Contractual |   |
|                  |   | Amount                 |    |   | Rate        |   |   | Amount |   |   | Rate |   |
|                  |   | (Dollars in thousands) |    |
|                  |   |                   |    |   |        |   |   |   |   |   |   |   |
| Repurchase agreements |   | $                      | 615,000 |   |        |   | 4.03 | % |   | $ | 660,000 |   |   |   | 3.97 | % |
| Debentures            |   |                   | 53,609  |   |        |   | 3.28 |   |   |   | 53,609 |   |   |   | 3.26 |   |
|                  |   | $                      | 668,609 |   |        |   | 3.97 | % |   | $ | 713,609 |   |   |   | 3.91 | % |

----

|       |   |                   |      |   |       |   |    |       |   |   |       |   |   | Weighted    |      |   | Weighted  |   |
|------------|--------|------------------------|-----------|--------|------------|--------|---------|------------|--------|--------|------------|--------|--------|-------------|-----------|--------|-----------|--------|
|       |   | FHLB                   |      |   | Repurchase |   |    |       |   |   | Total      |   |   | Average     |      |   | Average   |   |
|       |   | Advances               |      |   | Agreements |   |    | Debentures |   |   | Borrowings |   |   | Contractual |      |   | Effective |   |
|       |   | Amount                 |      |   | Amount     |   |    | Amount     |   |   | Amount     |   |   | Rate        |      |   | Rate      |   |
|       |   | (Dollars in thousands) |      |   |       |   |
| 2011       |   | $                      | 276,000   |   |       | $      | 200,000 |       |   | $      | --         |   |   | $           | 476,000   |   |      |   | 4.42 | % |   |   | 4.42 | % |
| 2012       |   |                   | 350,000   |   |       |   | 150,000 |       |   |   | --         |   |   |        | 500,000   |   |      |   | 3.67 |   |   |   | 3.67 |   |
| 2013       |   |                   | 525,000   |   |       |   | 145,000 |       |   |   | --         |   |   |        | 670,000   |   |      |   | 3.74 |   |   |   | 4.00 |   |
| 2014       |   |                   | 450,000   |   |       |   | 100,000 |       |   |   | --         |   |   |        | 550,000   |   |      |   | 3.33 |   |   |   | 3.96 |   |
| 2015       |   |                   | 200,000   |   |       |   | 20,000  |       |   |   | --         |   |   |        | 220,000   |   |      |   | 3.50 |   |   |   | 4.16 |   |
| Thereafter |   |                   | 575,000   |   |       |   | --      |       |   |   | 53,609     |   |   |        | 628,609   |   |      |   | 3.49 |   |   |   | 3.74 |   |
|       |   | $                      | 2,376,000 |   |       | $      | 615,000 |       |   | $      | 53,609     |   |   | $           | 3,044,609 |   |      |   | 3.69 | % |   |   | 3.96 | % |

| 8.   | INCOME TAXES |
|----------------|--------------|

|                      |   | 2010                   |   |   | 2009   |   |   | 2008   |   |
|---------------------------|--------|------------------------|--------|--------|--------|--------|--------|--------|--------|
|                      |   | (Dollars in thousands) |   |
| Current                   |   |                   |   |   |   |   |   |   |   |
|    Federal |   | $                      | 31,252 |   |   | $      | 32,590 |   |   | $ | 19,523 |   |
|    State   |   |                   | 2,807  |   |   |   | 2,788  |   |   |   | 1,518 |   |
|                      |   |                   | 34,059 |   |   |   | 35,378 |   |   |   | 21,041 |   |
| Deferred                  |   |                   |   |   |   |   |   |   |   |   |   |   |
|    Federal |   |                   | 3,209  |   |   |   | 3,285  |   |   |   | 7,556 |   |
|    State   |   |                   | 257    |   |   |   | 263    |   |   |   | 604 |   |
|                      |   |                   | 3,466  |   |   |   | 3,548  |   |   |   | 8,160 |   |
|                      |   | $                      | 37,525 |   |   | $      | 38,926 |   |   | $ | 29,201 |   |

|                                               |   | 2010                   |   |   | 2009   |   |   | 2008    |   |
|----------------------------------------------------|--------|------------------------|--------|--------|--------|--------|--------|---------|--------|
|                                               |   | Amount                 |   |   | %      |   |   | Amount  |   |   | % |   |   | Amount |   |   | % |   |
|                                               |   | (Dollars in thousands) |   |
| Federal income tax expense                         |   |                   |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |
|   computed at statutory Federal rate     |   | $                      | 36,878 |   |   |   | 35.0   | %  |   | $ | 36,828 |   |   |   | 35.0 | %  |   | $ | 28,054 |   |   |   | 35.0 | %  |
| Increases in taxes resulting from:                 |   |                   |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   State taxes, net of Federal tax effect |   |                   | 3,064  |   |   |   | 2.9    |    |   |   | 3,051 |   |   |   | 2.9 |   |   |   | 2,122 |   |   |   | 2.6 |   |
|   Net tax-exempt interest income         |   |                   | (624   | )      |   |   | (0.6   | )       |   |   | (579 | ) |   |   | (0.6 | ) |   |   | (450 | ) |   |   | (0.6 | ) |
|   Other                                  |   |                   | (1,793 | )      |   |   | (1.7   | )       |   |   | (374 | ) |   |   | (0.3 | ) |   |   | (525 | ) |   |   | (0.6 | ) |
|                                               |   | $                      | 37,525 |   |   |   | 35.6   | %  |   | $ | 38,926 |   |   |   | 37.0 | %  |   | $ | 29,201 |   |   |   | 36.4 | %  |

----

|                      |   | 2010                   |   |   | 2009   |   |   | 2008   |   |
|---------------------------|--------|------------------------|--------|--------|--------|--------|--------|--------|--------|
|                      |   | (Dollars in thousands) |   |   |   |   |
|                      |   |                   |   |   |   |   |   |   |   |
| FHLB prepayment penalty   |   | $                      | 1,283  |   |   | $      | 4,601  |   |   | $ | 10,586 |   |
| FHLB stock dividends      |   |                   | 2,206  |   |   |   | 694    |   |   |   | (1,901 | ) |
| Allowance for loan losses |   |                   | (1,771 | )      |   |   | (1,628 | )      |   |   | (611 | ) |
| Mortgage servicing rights |   |                   | 774    |   |   |   | (874   | )      |   |   | (194 | ) |
| Other, net                |   |                   | 974    |   |   |   | 755    |   |   |   | 280 |   |
|                      |   | $                      | 3,466  |   |   | $      | 3,548  |   |   | $ | 8,160 |   |

|                                                                                |   | 2010                   |    |   | 2009   |   |
|-------------------------------------------------------------------------------------|--------|------------------------|---------|--------|--------|--------|
|                                                                                |   | (Dollars in thousands) |    |
| Deferred income tax assets:                                                         |   |                   |    |   |   |   |
|   FHLB prepayment penalty                                                 |   | $                      | --      |   |   | $      | 1,283 |   |
|   Salaries and employee benefits                                          |   |                   | 1,230   |   |   |   | 1,259 |   |
|   Allowance for loan losses                                               |   |                   | 3,666   |   |   |   | 1,895 |   |
|   ESOP compensation                                                       |   |                   | 747     |   |   |   | 887 |   |
|   Other                                                                   |   |                   | 2,307   |   |   |   | 2,401 |   |
|      Gross deferred income tax assets                      |   |                   | 7,950   |   |   |   | 7,725 |   |
|                                                                                |   |                   |    |   |   |   |   |   |
|   Valuation allowance                                                     |   |                   | (280    | )      |   |   | (261 | ) |
|     Gross deferred income tax asset, net of valuation allowance |   |                   | 7,670   |   |   |   | 7,464 |   |
|                                                                                |   |                   |    |   |   |   |   |   |
|                                                                                |   |                   |    |   |   |   |   |   |
| Deferred income tax liabilities:                                                    |   |                   |    |   |   |   |   |   |
|   Unrealized gain on AFS securities                                       |   |                   | 19,362  |   |   |   | 20,583 |   |
|   FHLB stock dividends                                                    |   |                   | 17,396  |   |   |   | 15,190 |   |
|   Other                                                                   |   |                   | 4,156   |   |   |   | 2,661 |   |
|      Gross deferred income tax liabilities                 |   |                   | 40,914  |   |   |   | 38,434 |   |
|                                                                                |   |                   |    |   |   |   |   |   |
| Net deferred tax (liabilities) assets                                               |   | $                      | (33,244 | )      |   | $      | (30,970 | ) |

----

|                                                                  |   | 2010                   |   |   | 2009   |   |   | 2008   |   |
|-----------------------------------------------------------------------|--------|------------------------|--------|--------|--------|--------|--------|--------|--------|
|                                                                  |   | (Dollars in thousands) |   |
|                                                                  |   |                   |   |   |   |   |   |   |   |
| Balance at beginning of year                                          |   | $                      | 2,848  |   |   | $      | 2,409  |   |   | $ | 3,773 |   |
|   Additions for tax positions related to the current year   |   |                   | --     |   |   |   | 109    |   |   |   | -- |   |
|   Additions for tax positions of prior years                |   |                   | 28     |   |   |   | 888    |   |   |   | 130 |   |
|   Reductions for tax positions of prior years               |   |                   | (195   | )      |   |   | --     |   |   |   | (915 | ) |
|   Reductions relating to settlement with taxing authorities |   |                   | --     |   |   |   | (97    | )      |   |   | -- |   |
|   Lapse of statute of limitations                           |   |                   | (2,567 | )      |   |   | (461   | )      |   |   | (579 | ) |
| Balance at end of year                                                |   | $                      | 114    |   |   | $      | 2,848  |   |   | $ | 2,409 |   |

----

| 9.   | EMPLOYEE BENEFIT PLANS |
|----------------|------------------------|

|                                 |   | 2010                   |      |   | 2009   |   |
|--------------------------------------|--------|------------------------|-----------|--------|--------|--------|
|                                 |   | (Dollars in thousands) |      |
|                                 |   |                   |      |   |   |   |
| Allocated ESOP shares                |   |                   | 1,779,734 |   |   |   | 1,751,474 |   |
| Unreleased ESOP shares               |   |                   | 604,918   |   |   |   | 806,556 |   |
| Total ESOP shares                    |   |                   | 2,384,652 |   |   |   | 2,558,030 |   |
|                                 |   |                   |      |   |   |   |   |   |
| Fair value of unreleased ESOP shares |   | $                      | 14,941    |   |   | $      | 26,552 |   |

----

| 10.   | STOCK BASED COMPENSATION |
|-----------------|--------------------------|

|                    |   | 2010   |   |   | 2009   |   |   | 2008   |   |
|-------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
|                    |   |   |   |   |   |   |   |   |   |
| Risk-free interest rate |   |   | 2.1    | %      |   |   | 2.1    | %      |   |   | 3.2 | % |
| Expected life (years)   |   |   | 4      |   |   |   | 4      |   |   |   | 5 |   |
| Expected volatility     |   |   | 25     | %      |   |   | 24     | %      |   |   | 22 | % |
| Dividend yield          |   |   | 6.2    | %      |   |   | 4.8    | %      |   |   | 6.2 | % |
| Estimated forfeitures   |   |   | 3.3    | %      |   |   | 10.5   | %      |   |   | 3.0 | % |

----

|                             |   | 2010       |    |   | 2009     |   |   | 2008       |   |
|----------------------------------|--------|------------|---------|--------|----------|--------|--------|------------|--------|
|                             |   |       |    |   | Weighted |   |   |       |   |   | Weighted |   |   |   |   |   | Weighted |   |
|                             |   |       |    |   | Average  |   |   |       |   |   | Average |   |   |   |   |   | Average |   |
|                             |   | Number     |    |   | Exercise |   |   | Number     |   |   | Exercise |   |   | Number |   |   | Exercise |   |
|                             |   | of Options |    |   | Price    |   |   | of Options |   |   | Price |   |   | of Options |   |   | Price |   |
|                             |   |       |    |   |     |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Options outstanding              |   |       |    |   |     |   |   |       |   |   |   |   |   |   |   |   |   |   |
|   at beginning of year |   |       | 372,022 |   |     | $      | 33.28  |       |   |   | 403,322 |   |   | $ | 29.66 |   |   |   | 382,855 |   |   | $ | 28.13 |   |
|   Granted              |   |       | 53,000  |   |     |   | 32.27  |       |   |   | 41,750 |   |   |   | 42.05 |   |   |   | 56,500 |   |   |   | 32.19 |   |
|   Forfeited            |   |       | --      |   |     |   | --     |       |   |   | -- |   |   |   | -- |   |   |   | (100 | ) |   |   | 25.66 |   |
|   Exercised            |   |       | (18,691 | )      |     |   | 11.24  |       |   |   | (73,050 | ) |   |   | 18.31 |   |   |   | (35,933 | ) |   |   | 17.34 |   |
| Options outstanding              |   |       |    |   |     |   |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   at end of year       |   |       | 406,331 |   |     |   | 34.16  |       |   |   | 372,022 |   |   |   | 33.28 |   |   |   | 403,322 |   |   |   | 29.66 |   |

----

|     |          |   | Options Outstanding                              |                                             |
|----------|---------------|--------|--------------------------------------------------|--------------------------------------------------|
|     |          |   |                                             |                                             |   | Weighted |   |   | Weighted |   |   |   |   |
|     |          |   |                                             |                                             |   | Average |   |   | Average |   |   |   |   |
|     |          |   | Number                                           |                                             |   | Remaining |   |   | Exercise |   |   | Aggregate |   |
| Exercise |          |   | of Options                                       |                                             |   | Contractual |   |   | Price per |   |   | Intrinsic |   |
| Price    |          |   | Outstanding                                      |                                             |   | Life (in years) |   |   | Share |   |   | Value |   |
|     |          |   | (Dollars in thousands, except per share amounts) |                                             |
|     | $9.22         |   |                                             |                                             | 3,881 |   |   |   | 4.55 |   |   | $ | 9.22 |   |   | $ | 60 |   |
|     | 14.03 - 19.68 |   |                                             |                                             | 2,000 |   |   |   | 0.74 |   |   |   | 18.64 |   |   |   | 12 |   |
|     | 25.66 - 28.78 |   |                                             |                                             | 2,000 |   |   |   | 1.84 |   |   |   | 26.44 |   |   |   | -- |   |
|     | 30.19 - 39.83 |   |                                             |                                             | 372,950 |   |   |   | 8.49 |   |   |   | 33.91 |   |   |   | -- |   |
|     | 43.46         |   |                                             |                                             | 25,500 |   |   |   | 8.08 |   |   |   | 43.46 |   |   |   | -- |   |
|     |          |   |                                             |                                             | 406,331 |   |   |   | 8.35 |   |   |   | 34.16 |   |   | $ | 72 |   |
|     |          |   |                                             |                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     |          |   |                                             |                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     |          |   |                                             | Options Exercisable                              |   |
|     |          |   |                                             |                                             |   |   |   | Weighted |   |   | Weighted |   |   |   |   |   |
|     |          |   |                                             |                                             |   |   |   | Average |   |   | Average |   |   |   |   |   |
|     |          |   |                                             | Number                                           |   |   | Remaining |   |   | Exercise |   |   | Aggregate |   |
| Exercise |          |   | of Options                                       |                                             |   | Contractual |   |   | Price per |   |   | Intrinsic |   |
| Price    |          |   | Exercisable                                      |                                             |   | Life (in years) |   |   | Share |   |   | Value |   |
|     |          |   |                                             | (Dollars in thousands, except per share amounts) |   |
|     | $9.22         |   |                                             |                                             | 3,881 |   |   |   | 4.55 |   |   | $ | 9.22 |   |   | $ | 60 |   |
|     | 14.03 - 19.68 |   |                                             |                                             | 2,000 |   |   |   | 0.74 |   |   |   | 18.64 |   |   |   | 12 |   |
|     | 25.66 - 28.78 |   |                                             |                                             | 2,000 |   |   |   | 1.84 |   |   |   | 26.44 |   |   |   | -- |   |
|     | 30.19 - 39.83 |   |                                             |                                             | 291,900 |   |   |   | 8.13 |   |   |   | 33.98 |   |   |   | -- |   |
|     | 43.46         |   |                                             |                                             | 10,200 |   |   |   | 8.08 |   |   |   | 43.46 |   |   |   | -- |   |
|     |          |   |                                             |                                             | 309,981 |   |   |   | 8.00 |   |   |   | 33.83 |   |   | $ | 72 |   |

----

|                             |   | 2010      |   |   | 2009       |   |   | 2008      |   |
|----------------------------------|--------|-----------|--------|--------|------------|--------|--------|-----------|--------|
|                             |   |      |   |   | Weighted   |   |   |      |   |   | Weighted |   |   |   |   |   | Weighted |   |
|                             |   |      |   |   | Average    |   |   |      |   |   | Average |   |   |   |   |   | Average |   |
|                             |   | Number    |   |   | Grant Date |   |   | Number    |   |   | Grant Date |   |   | Number |   |   | Grant Date |   |
|                             |   | of Shares |   |   | Fair Value |   |   | of Shares |   |   | Fair Value |   |   | of Shares |   |   | Fair Value |   |
| Unvested RRP shares              |   |      |   |   |       |   |   |      |   |   |   |   |   |   |   |   |   |   |
|   at beginning of year |   |      | 15,100 |   |       | $      | 34.35  |      |   |   | 23,200 |   |   | $ | 33.68 |   |   |   | 24,300 |   |   | $ | 34.46 |   |
|   Granted              |   |      | 5,000  |   |       |   | 32.66  |      |   |   | 2,500 |   |   |   | 39.95 |   |   |   | 10,000 |   |   |   | 32.26 |   |
|   Vested               |   |      | (9,600 | )      |       |   | 33.70  |      |   |   | (10,600 | ) |   |   | 34.20 |   |   |   | (11,100 | ) |   |   | 34.12 |   |
|   Forfeited            |   |      | --     |   |       |   | --     |      |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
| Unvested RRP shares              |   |      |   |   |       |   |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   at end of year       |   |      | 10,500 |   |       |   | 34.13  |      |   |   | 15,100 |   |   |   | 34.35 |   |   |   | 23,200 |   |   |   | 33.68 |   |

| 11.   | PERFORMANCE BASED COMPENSATION |
|-----------------|--------------------------------|

----

| 12.   | COMMITMENTS AND CONTINGENCIES |
|-----------------|-------------------------------|

|                      |   | 2010                   |    |   | 2009   |   |
|---------------------------|--------|------------------------|---------|--------|--------|--------|
|                      |   | (Dollars in thousands) |    |
|                      |   |                   |    |   |   |   |
| Originate fixed-rate      |   | $                      | 74,957  |   |   | $      | 105,316 |   |
| Originate adjustable-rate |   |                   | 20,144  |   |   |   | 8,945 |   |
| Purchase fixed-rate       |   |                   | 3,526   |   |   |   | 12,948 |   |
| Purchase adjustable-rate  |   |                   | 8,395   |   |   |   | 9,000 |   |
|                      |   | $                      | 107,022 |   |   | $      | 136,209 |   |

----

| 13.   | REGULATORY CAPITAL REQUIREMENTS |
|-----------------|---------------------------------|

|                                  |   |                   |    |   |              |   |   |        |   |   |              |   |   | To Be Well   |   |
|---------------------------------------|--------|------------------------|---------|--------|-------------------|--------|--------|-------------|--------|--------|-------------------|--------|--------|--------------|--------|
|                                  |   |                   |    |   |              |   |   |        |   |   |              |   |   | Capitalized  |   |
|                                  |   |                   |    |   |              |   |   |        |   |   |              |   |   | Under Prompt |   |
|                                  |   |                   |    |   |              |   |   | For Capital |   |   | Corrective Action |   |
|                                  |   | Actual                 |    |   | Adequacy Purposes |   |   | Provisions  |   |
|                                  |   | Amount                 |    |   | Ratio             |   |   | Amount      |   |   | Ratio             |   |   | Amount       |   |   | Ratio |   |
|                                  |   | (Dollars in thousands) |    |
| As of September 30, 2010:             |   |                   |    |   |              |   |   |        |   |   |              |   |   |         |   |   |   |   |
|   Tangible equity           |   | $                      | 824,768 |   |              |   | 9.8    | %           |   | $      | 126,666           |   |   |         | 1.5    | % |   |   | N/A |   |   |   | N/A |   |
|   Tier 1 (core) capital     |   |                   | 824,768 |   |              |   | 9.8    |        |   |   | 337,776           |   |   |         | 4.0    |   |   | $ | 422,220 |   |   |   | 5.0 | % |
|   Tier 1 risk-based capital |   |                   | 824,768 |   |              |   | 23.5   |        |   |   | N/A               |   |   |         | N/A    |   |   |   | 210,597 |   |   |   | 6.0 |   |
|   Total risk-based capital  |   |                   | 835,324 |   |              |   | 23.8   |        |   |   | 280,796           |   |   |         | 8.0    |   |   |   | 350,995 |   |   |   | 10.0 |   |
|                                  |   |                   |    |   |              |   |   |        |   |   |              |   |   |         |   |   |   |   |   |   |   |   |   |   |
| As of September 30, 2009:             |   |                   |    |   |              |   |   |        |   |   |              |   |   |         |   |   |   |   |   |   |   |   |   |   |
|   Tangible equity           |   | $                      | 834,879 |   |              |   | 10.0   | %           |   | $      | 125,505           |   |   |         | 1.5    | % |   |   | N/A |   |   |   | N/A |   |
|   Tier 1 (core) capital     |   |                   | 834,879 |   |              |   | 10.0   |        |   |   | 334,681           |   |   |         | 4.0    |   |   | $ | 418,351 |   |   |   | 5.0 | % |
|   Tier 1 risk-based capital |   |                   | 834,879 |   |              |   | 23.2   |        |   |   | N/A               |   |   |         | N/A    |   |   |   | 216,029 |   |   |   | 6.0 |   |
|   Total risk-based capital  |   |                   | 840,439 |   |              |   | 23.3   |        |   |   | 288,039           |   |   |         | 8.0    |   |   |   | 360,049 |   |   |   | 10.0 |   |

|   | A reconciliation of the Bank’s equity under GAAP to regulatory capital amounts as of September 30, 2010 and 2009 is as follows: |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|

|                                            |   | 2010                   |    |   | 2009   |
|-------------------------------------------------|--------|------------------------|---------|--------|--------|
|                                            |   | (Dollars in thousands) |    |   |
|                                            |   |                   |    |   |   |
| Total Bank equity as reported under GAAP        |   | $                      | 857,114 |   |   | $ | 869,029 |   |
|   Unrealized gains on AFS securities  |   |                   | (31,862 | )      |   |   | (33,870 | ) |
|   Other                               |   |                   | (484    | )      |   |   | (280 | ) |
| Total tangible equity and Tier 1 (core) capital |   |                   | 824,768 |   |   |   | 834,879 |   |
|   Allowance for loan losses (1)       |   |                   | 10,556  |   |   |   | 5,560 |   |
| Total risk based capital                        |   | $                      | 835,324 |   |   | $ | 840,439 |   |

| (1)   | This amount represents the general valuation allowances calculated using the formula analysis.  Specific valuation allowances are netted against the related loan balance on the Thrift Financial Report and are therefore not included in this amount. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 14.   | FAIR VALUE OF FINANCIAL INSTRUMENTS |
|-----------------|-------------------------------------|

| • |   | Level 1 — Valuation is based upon quoted prices for identical instruments traded in active markets.                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| • |   | Level 2 — Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.                                                                                                                                                                                                                                                                           |
|    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| • |   | Level 3 — Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of option pricing models, discounted cash flow models, and similar techniques. The results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset or liability.  |

----

|                                   |   | September 30, 2010     |      |
|----------------------------------------|--------|------------------------|-----------|
|                                   |   |                   |      |   | Quoted Prices |   |   | Significant |   |   | Significant |   |
|                                   |   |                   |      |   | in Active Markets |   |   | Other Observable |   |   | Unobservable |   |
|                                   |   | Carrying               |      |   | for Identical Assets |   |   | Inputs |   |   | Inputs |   |
|                                   |   | Value                  |      |   | (Level 1) |   |   | (Level 2) |   |   | (Level 3)(1) |   |
|                                   |   | (Dollars in thousands) |      |
| AFS securities:                        |   |                   |      |   |   |   |   |   |   |   |   |   |
|   GSE debentures             |   | $                      | 50,255    |   |   | $ | -- |   |   | $ | 50,255 |   |   | $ | -- |   |
|   Municipal bonds            |   |                   | 2,819     |   |   |   | -- |   |   |   | 2,819 |   |   |   | -- |   |
|   Trust preferred securities |   |                   | 2,796     |   |   |   | -- |   |   |   | -- |   |   |   | 2,796 |   |
|   MBS                        |   |                   | 1,004,496 |   |   |   | -- |   |   |   | 1,004,496 |   |   |   | -- |   |
|                              |   | $                      | 1,060,366 |   |   | $ | -- |   |   | $ | 1,057,570 |   |   | $ | 2,796 |   |
|                                   |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                   |   | September 30, 2009     |      |
|                                   |   |                   |      |   |   | Quoted Prices |   |   | Significant |   |   | Significant |   |
|                                   |   |                   |      |   |   | in Active Markets |   |   | Other Observable |   |   | Unobservable |   |
|                                   |   | Carrying               |      |   | for Identical Assets |   |   | Inputs |   |   | Inputs |   |
|                                   |   | Value                  |      |   | (Level 1) |   |   | (Level 2) |   |   | (Level 3)(2) |   |
|                                   |   | (Dollars in thousands) |      |
| AFS securities:                        |   |                   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   GSE debentures             |   | $                      | 229,875   |   |   | $ | -- |   |   | $ | 229,875 |   |   | $ | -- |   |
|   Municipal bonds            |   |                   | 2,799     |   |   |   | -- |   |   |   | 2,799 |   |   |   | -- |   |
|   Trust preferred securities |   |                   | 2,110     |   |   |   | -- |   |   |   | -- |   |   |   | 2,110 |   |
|   MBS                        |   |                   | 1,389,211 |   |   |   | -- |   |   |   | 1,389,211 |   |   |   | -- |   |
|                              |   | $                      | 1,623,995 |   |   | $ | -- |   |   | $ | 1,621,885 |   |   | $ | 2,110 |   |

| (1)   | The Company’s Level 3 AFS securities have had no activity from September 30, 2009 to September 30, 2010, except for principal repayments of $93 thousand and reductions in net unrealized losses recognized in other comprehensive income.  Reductions of net unrealized losses included in other comprehensive income for the year ended September 30, 2010 were $460 thousand. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | The Company’s Level 3 AFS securities have had no activity from September 30, 2008 to September 30, 2009, except for principal repayments of $132 thousand and increases in net unrealized losses recognized in other comprehensive income.  Increases in net unrealized losses included in other comprehensive income for the years ended September 30, 2009 were $286 thousand. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|           |   | September 30, 2010     |   |
|----------------|--------|------------------------|--------|
|           |   |                   |   |   | Quoted Prices |   |   | Significant |   |   | Significant |   |
|           |   |                   |   |   | in Active Markets |   |   | Other Observable |   |   | Unobservable |   |
|           |   | Carrying               |   |   | for Identical Assets |   |   | Inputs |   |   | Inputs |   |
|           |   | Value                  |   |   | (Level 1) |   |   | (Level 2) |   |   | (Level 3) |   |
|           |   | (Dollars in thousands) |   |
|           |   |                   |   |   |   |   |   |   |   |   |   |   |
| Impaired loans |   | $                      | 57,118 |   |   | $ | -- |   |   | $ | -- |   |   | $ | 57,118 |   |
| REO, net       |   |                   | 9,920  |   |   |   | -- |   |   |   | -- |   |   |   | 9,920 |   |
|      |   | $                      | 67,038 |   |   | $ | -- |   |   | $ | -- |   |   | $ | 67,038 |   |
|           |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|           |   | September 30, 2009     |   |
|           |   |                   |   |   |   | Quoted Prices |   |   | Significant |   |   | Significant |   |
|           |   |                   |   |   |   | in Active Markets |   |   | Other Observable |   |   | Unobservable |   |
|           |   | Carrying               |   |   | for Identical Assets |   |   | Inputs |   |   | Inputs |   |
|           |   | Value                  |   |   | (Level 1) |   |   | (Level 2) |   |   | (Level 3) |   |
|           |   | (Dollars in thousands) |   |
|           |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Impaired loans |   | $                      | 41,399 |   |   | $ | -- |   |   | $ | -- |   |   | $ | 41,399 |   |
| REO, net       |   |                   | 7,404  |   |   |   | -- |   |   |   | -- |   |   |   | 7,404 |   |
|      |   | $                      | 48,803 |   |   | $ | -- |   |   | $ | -- |   |   | $ | 48,803 |   |

----

|                                  |   | 2010                   |      |   | 2009      |   |
|---------------------------------------|--------|------------------------|-----------|--------|-----------|--------|
|                                  |   |                   |      |   | Estimated |   |   |   |   |   | Estimated |   |
|                                  |   | Carrying               |      |   | Fair      |   |   | Carrying |   |   | Fair |   |
|                                  |   | Amount                 |      |   | Value     |   |   | Amount |   |   | Value |   |
|                                  |   | (Dollars in thousands) |      |
| Assets:                               |   |                   |      |   |      |   |   |   |   |   |   |   |
|   Cash and cash equivalents |   | $                      | 65,217    |   |      | $      | 65,217 |   |   | $ | 41,154 |   |   | $ | 41,154 |   |
|   Investment securities:    |   |                   |      |   |      |   |   |   |   |   |   |   |   |   |   |   |
|     AFS           |   |                   | 55,870    |   |      |   | 55,870 |   |   |   | 234,784 |   |   |   | 234,784 |   |
|     HTM           |   |                   | 1,276,786 |   |      |   | 1,283,880 |   |   |   | 245,920 |   |   |   | 248,929 |   |
|   MBS:                      |   |                   |      |   |      |   |   |   |   |   |   |   |   |   |   |   |
|     AFS           |   |                   | 1,004,496 |   |      |   | 1,004,496 |   |   |   | 1,389,211 |   |   |   | 1,389,211 |   |
|     HTM           |   |                   | 603,368   |   |      |   | 629,574 |   |   |   | 603,256 |   |   |   | 627,829 |   |
|   Loans receivable          |   |                   | 5,168,202 |   |      |   | 5,392,550 |   |   |   | 5,603,965 |   |   |   | 5,801,724 |   |
|   BOLI                      |   |                   | 54,710    |   |      |   | 54,710 |   |   |   | 53,509 |   |   |   | 53,509 |   |
|   Capital stock of FHLB     |   |                   | 120,866   |   |      |   | 120,866 |   |   |   | 133,064 |   |   |   | 133,064 |   |
| Liabilities:                          |   |                   |      |   |      |   |   |   |   |   |   |   |   |   |   |   |
|   Deposits                  |   |                   | 4,386,310 |   |      |   | 4,459,052 |   |   |   | 4,228,609 |   |   |   | 4,294,454 |   |
|   FHLB Advances             |   |                   | 2,348,371 |   |      |   | 2,557,064 |   |   |   | 2,392,570 |   |   |   | 2,554,206 |   |
|   Other borrowings          |   |                   | 668,609   |   |      |   | 701,099 |   |   |   | 713,609 |   |   |   | 742,301 |   |

----

| 15.   | PLAN OF CONVERSION AND REORGANIZATION |
|-----------------|---------------------------------------|

| 16.   | SUBSEQUENT EVENTS |
|-----------------|-------------------|

----

| 17.   | SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) |
|-----------------|-----------------------------------------------|

|                                 |   | First                                                       |    |   | Second  |   |    | Third   |   |   | Fourth  |   |   |   |    |
|--------------------------------------|--------|-------------------------------------------------------------|---------|--------|---------|--------|---------|---------|--------|--------|---------|--------|--------|--------|---------|
|                                 |   | Quarter                                                     |    |   | Quarter |   |    | Quarter |   |   | Quarter |   |   | Total  |    |
|                                 |   | (Dollars and counts in thousands, except per share amounts) |    |
| 2010                                 |   |                                                        |    |   |    |   |    |    |   |   |    |   |   |   |    |
| Total interest and dividend income   |   | $                                                           | 98,887  |   |    | $      | 93,707  |    |   | $      | 91,485  |   |   | $      | 89,972  |   |   | $ | 374,051 |   |
| Net interest income                  |   |                                                        | 44,854  |   |    |   | 42,683  |    |   |   | 40,887  |   |   |   | 41,141  |   |   |   | 169,565 |   |
| Provision for loan losses            |   |                                                        | 3,115   |   |    |   | 3,200   |    |   |   | 1,816   |   |   |   | 750     |   |   |   | 8,881 |   |
| Net income                           |   |                                                        | 20,980  |   |    |   | 14,655  |    |   |   | 16,758  |   |   |   | 15,447  |   |   |   | 67,840 |   |
| Basic earnings per share             |   |                                                        | 0.29    |   |    |   | 0.20    |    |   |   | 0.23    |   |   |   | 0.21    |   |   |   | 0.93 |   |
| Diluted earnings per share           |   |                                                        | 0.29    |   |    |   | 0.20    |    |   |   | 0.23    |   |   |   | 0.21    |   |   |   | 0.93 |   |
| Dividends paid per public share      |   |                                                        | 0.79    |   |    |   | 0.50    |    |   |   | 0.50    |   |   |   | 0.50    |   |   |   | 2.29 |   |
| Average number of shares outstanding |   |                                                        | 73,267  |   |    |   | 73,214  |    |   |   | 73,273  |   |   |   | 73,326  |   |   |   | 73,270 |   |
|                                 |   |                                                        |    |   |    |   |    |    |   |   |    |   |   |   |    |   |   |   |   |   |
| 2009                                 |   |                                                        |    |   |    |   |    |    |   |   |    |   |   |   |    |   |   |   |   |   |
| Total interest and dividend income   |   | $                                                           | 105,273 |   |    | $      | 104,335 |    |   | $      | 103,078 |   |   | $      | 100,100 |   |   | $ | 412,786 |   |
| Net interest income                  |   |                                                        | 41,218  |   |    |   | 45,862  |    |   |   | 45,922  |   |   |   | 43,640  |   |   |   | 176,642 |   |
| Provision for loan losses            |   |                                                        | 549     |   |    |   | 2,107   |    |   |   | 3,112   |   |   |   | 623     |   |   |   | 6,391 |   |
| Net income                           |   |                                                        | 15,852  |   |    |   | 18,132  |    |   |   | 15,476  |   |   |   | 16,838  |   |   |   | 66,298 |   |
| Basic earnings per share             |   |                                                        | 0.22    |   |    |   | 0.25    |    |   |   | 0.21    |   |   |   | 0.23    |   |   |   | 0.91 |   |
| Diluted earnings per share           |   |                                                        | 0.22    |   |    |   | 0.25    |    |   |   | 0.21    |   |   |   | 0.23    |   |   |   | 0.91 |   |
| Dividends paid per public share      |   |                                                        | 0.61    |   |    |   | 0.50    |    |   |   | 0.50    |   |   |   | 0.50    |   |   |   | 2.11 |   |
| Average number of shares outstanding |   |                                                        | 73,063  |   |    |   | 73,113  |    |   |   | 73,173  |   |   |   | 73,227  |   |   |   | 73,144 |   |

----

| 18.   | PARENT COMPANY FINANCIAL INFORMATION (PARENT COMPANY ONLY) |
|-----------------|------------------------------------------------------------|

| BALANCE SHEETS                                                          |   |   |      |   |   |   |
|-------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
| SEPTEMBER 30, 2010 and 2009                                             |   |   |      |   |   |   |
| (Dollars in thousands, except share amounts)                            |   |   |      |   |   |   |
|                                                                    |   |   |      |   |   |   |
|                                                                    |   | 2010   |      |   | 2009   |   |
| ASSETS                                                                  |   |   |      |   |   |   |
|                                                                    |   |   |      |   |   |   |
| Cash and cash equivalents                                               |   | $      | 88,098    |   |   | $      | 54,101 |   |
| Investment in the Bank and Capitol Federal Financial, Inc.              |   |   | 857,115   |   |   |   | 869,028 |   |
| Investment in certificates of deposit at the Bank                       |   |   | 55,000    |   |   |   | 60,000 |   |
| Note receivable - ESOP                                                  |   |   | 8,024     |   |   |   | 10,411 |   |
| Other assets                                                            |   |   | 7,604     |   |   |   | 1,622 |   |
| Income tax receivable                                                   |   |   | 138       |   |   |   | 162 |   |
|      TOTAL ASSETS                              |   | $      | 1,015,979 |   |   | $      | 995,324 |   |
|                                                                    |   |   |      |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                              |   |   |      |   |   |   |   |   |
|                                                                    |   |   |      |   |   |   |   |   |
| LIABILITIES:                                                            |   |   |      |   |   |   |   |   |
|                                                                    |   |   |      |   |   |   |   |   |
| Accounts payable and accrued expenses                                   |   | $      | 420       |   |   | $      | 417 |   |
| Other borrowings                                                        |   |   | 53,609    |   |   |   | 53,609 |   |
|      Total liabilities                         |   |   | 54,029    |   |   |   | 54,026 |   |
|                                                                    |   |   |      |   |   |   |   |   |
| STOCKHOLDERS’ EQUITY:                                             |   |   |      |   |   |   |   |   |
| Preferred stock, $.01 par value; 50,000,000 shares authorized,          |   |   |      |   |   |   |   |   |
|   no shares issued or outstanding                             |   |   | --        |   |   |   | -- |   |
| Common stock, $.01 par value; 450,000,000 shares authorized,            |   |   |      |   |   |   |   |   |
|   91,512,287 shares issued; 73,992,678 and 74,099,355 shares  |   |   | 915       |   |   |   | 915 |   |
|   outstanding as of September 30, 2010 and 2009, respectively |   |   |      |   |   |   |   |   |
| Additional paid-in capital                                              |   |   | 457,795   |   |   |   | 452,872 |   |
| Unearned compensation - ESOP                                            |   |   | (6,050    | )      |   |   | (8,066 | ) |
| Unearned compensation - RRP                                             |   |   | (255      | )      |   |   | (330 | ) |
| Retained earnings                                                       |   |   | 801,044   |   |   |   | 781,604 |   |
| Accumulated other comprehensive gain (loss)                             |   |   | 31,862    |   |   |   | 33,870 |   |
|                                                                    |   |   | 1,285,311 |   |   |   | 1,260,865 |   |
| Treasury stock, at cost, 17,519,609 and 17,412,932 shares as of         |   |   |      |   |   |   |   |   |
|   September 30, 2010 and 2009, respectively                   |   |   | (323,361  | )      |   |   | (319,567 | ) |
|                                                                    |   |   |      |   |   |   |   |   |
|      Total stockholders’ equity          |   |   | 961,950   |   |   |   | 941,298 |   |
|                                                                    |   |   |      |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY                        |   | $      | 1,015,979 |   |   | $      | 995,324 |   |

----

| STATEMENTS OF INCOME                                                                           |   |   |    |    |   |   |   |   |   |
|------------------------------------------------------------------------------------------------|--------|--------|---------|---------|--------|--------|--------|--------|--------|
| YEARS ENDED SEPTEMBER 30, 2010, 2009 and 2008                                                  |   |   |    |    |   |   |   |   |   |
| (Dollars in thousands)                                                                         |   |   |    |    |   |   |   |   |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |
|                                                                                           |   | 2010   |    |    | 2009   |   |   | 2008   |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |
| INTEREST AND DIVIDEND INCOME:                                                                  |   |   |    |    |   |   |   |   |   |
|   Dividend income from the Bank                                                      |   | $      | 84,869  |    |   | $      | 50,056 |   |   | $ | 41,511 |   |
|   Interest income from other investments                                             |   |   | 2,927   |    |   |   | 3,612  |   |   |   | 4,683 |   |
|           Total interest and dividend income |   |   | 87,796  |    |   |   | 53,668 |   |   |   | 46,194 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| INTEREST EXPENSE                                                                               |   |   | 1,680   |    |   |   | 2,573  |   |   |   | 3,624 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| NET INTEREST INCOME                                                                            |   |   | 86,116  |    |   |   | 51,095 |   |   |   | 42,570 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| OTHER INCOME                                                                                   |   |   | 50      |    |   |   | 76     |   |   |   | 107 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| OTHER EXPENSES:                                                                                |   |   |    |    |   |   |   |   |   |   |   |   |
|   Salaries and employee benefits                                                     |   |   | 929     |    |   |   | 1,108  |   |   |   | 975 |   |
|   Other, net                                                                         |   |   | 763     |    |   |   | 471    |   |   |   | 380 |   |
|           Total other expenses               |   |   | 1,692   |    |   |   | 1,579  |   |   |   | 1,355 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| INCOME BEFORE INCOME TAX BENEFIT AND EQUITY IN                                                 |   |   |    |    |   |   |   |   |   |   |   |   |
|   (EXCESS OF DISTRIBUTION OVER) UNDISTRIBUTED                                        |   |   |    |    |   |   |   |   |   |   |   |   |
|   EARNINGS OF SUBSIDIARY                                                             |   |   | 84,474  |    |   |   | 49,592 |   |   |   | 41,322 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| INCOME TAX BENEFIT                                                                             |   |   | (138    | )       |   |   | (162   | )      |   |   | (66 | ) |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| INCOME BEFORE EQUITY IN (EXCESS OF DISTRIBUTION OVER)                                          |   |   |    |    |   |   |   |   |   |   |   |   |
|   UNDISTRIBUTED EARNINGS OF SUBSIDIARY                                               |   |   | 84,612  |    |   |   | 49,754 |   |   |   | 41,388 |   |
|                                                                                           |   |   |    |    |   |   |   |   |   |   |   |   |
| EQUITY IN (EXCESS OF DISTRIBUTION OVER)                                                        |   |   |    |    |   |   |   |   |   |   |   |   |
|   UNDISTRIBUTED EARNINGS OF SUBSIDIARY                                               |   |   | (16,772 | )  |   |   | 16,544 |   |   |   | 9,566 |   |
|                                                                                      |   |   |    |    |   |   |   |   |   |   |   |   |
| NET INCOME                                                                                     |   | $      | 67,840  |    |   | $      | 66,298 |   |   | $ | 50,954 |   |

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| STATEMENTS OF CASH FLOWS                                                                              |   |   |    |   |   |   |    |   |   |
|-------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|---------|--------|--------|
| YEARS ENDED SEPTEMBER 30, 2010, 2009 and 2008                                                         |   |   |    |   |   |   |    |   |   |
| (Dollars in thousands)                                                                                |   |   |    |   |   |   |    |   |   |
|                                                                                                  |   |   |    |   |   |   |    |   |   |
|                                                                                                  |   | 2010   |    |   | 2009   |   |    | 2008   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                 |   |   |    |   |   |   |    |   |   |
|   Net income                                                                                |   | $      | 67,840  |   |   | $      | 66,298  |   |   | $ | 50,954 |   |
|   Adjustments to reconcile net income to net cash provided by                               |   |   |    |   |   |   |    |   |   |   |   |   |
|     operating activities:                                                         |   |   |    |   |   |   |    |   |   |   |   |   |
|     Equity in excess of distribution over/(undistributed)                         |   |   |    |   |   |   |    |   |   |   |   |   |
|       earnings of subsidiary                                            |   |   | 16,772  |   |   |   | (16,544 | )      |   |   | (9,566 | ) |
|     Amortization of deferred debt issuance costs                                  |   |   | --      |   |   |   | 28      |   |   |   | 57 |   |
|     Other, net                                                                    |   |   | 1       |   |   |   | 14      |   |   |   | 3 |   |
|     Changes in:                                                                   |   |   |    |   |   |   |    |   |   |   |   |   |
|       Other assets                                                      |   |   | --      |   |   |   | 2,999   |   |   |   | (2,982 | ) |
|       Income taxes receivable/payable                                   |   |   | 24      |   |   |   | (95     | )      |   |   | (295 | ) |
|       Accounts payable and accrued expenses                             |   |   | 3       |   |   |   | (292    | )      |   |   | (1,669 | ) |
|          Net cash flows provided by operating activities |   |   | 84,640  |   |   |   | 52,408  |   |   |   | 36,502 |   |
|                                                                                                  |   |   |    |   |   |   |    |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                                 |   |   |    |   |   |   |    |   |   |   |   |   |
|   Proceeds from maturities of Bank certificates of deposit                                  |   |   | 5,000   |   |   |   | --      |   |   |   | -- |   |
|   Purchase of Capitol Federal Financial, Inc. stock                                         |   |   | (1      | )      |   |   | --      |   |   |   | -- |   |
|   Principal collected on notes receivable from ESOP                                         |   |   | 2,387   |   |   |   | 2,256   |   |   |   | 2,132 |   |
|          Net cash flows provided by investing activities |   |   | 7,386   |   |   |   | 2,256   |   |   |   | 2,132 |   |
|                                                                                                  |   |   |    |   |   |   |    |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                                 |   |   |    |   |   |   |    |   |   |   |   |   |
|   Payment from subsidiary for sale of treasury stock related to                             |   |   |    |   |   |   |    |   |   |   |   |   |
|     RRP shares                                                                    |   |   | 162     |   |   |   | 87      |   |   |   | 322 |   |
|   Dividends paid                                                                            |   |   | (48,400 | )      |   |   | (44,069 | )      |   |   | (41,426 | ) |
|   Acquisition of treasury stock                                                             |   |   | (4,019  | )      |   |   | (2,426  | )      |   |   | (7,307 | ) |
|   Stock options exercised                                                                   |   |   | 210     |   |   |   | 1,337   |   |   |   | 623 |   |
|   Deferred offering costs                                                                   |   |   | (5,982  | )      |   |   | --      |   |   |   | -- |   |
|          Net cash flows used in financing activities     |   |   | (58,029 | )      |   |   | (45,071 | )      |   |   | (47,788 | ) |
|                                                                                                  |   |   |    |   |   |   |    |   |   |   |   |   |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                                  |   |   | 33,997  |   |   |   | 9,593   |   |   |   | (9,154 | ) |
|                                                                                                  |   |   |    |   |   |   |    |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS:                                                                            |   |   |    |   |   |   |    |   |   |   |   |   |
|   Beginning of year                                                                         |   |   | 54,101  |   |   |   | 44,508  |   |   |   | 53,662 |   |
|                                                                                                  |   |   |    |   |   |   |    |   |   |   |   |   |
|   End of year                                                                               |   | $      | 88,098  |   |   | $      | 54,101  |   |   | $ | 44,508 |   |
|                                                                                                  |   |   |    |   |   |   |    |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:                                                    |   |   |    |   |   |   |    |   |   |   |   |   |
|   Interest payments                                                                         |   | $      | 1,678   |   |   | $      | 2,866   |   |   | $ | 3,929 |   |

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