|                                                                         |   | FCLFConsolidated |    |   | PartnersConsolidated |   |    | PurchaseAdjustments |   |   | Pro Forma |             |
|------------------------------------------------------------------------------|--------|------------------|---------|--------|----------------------|--------|---------|---------------------|--------|--------|-----------|------------------|
|                                                                         |   | $(000)           |    | $(000) | $(000)               |   | $(000)  |
| Assets                                                                       |   |             |    |   |                 |   |    |                |   |   |      |             |   |   |   |   |
| Total      cash and cash equivalents                                         |   | $                | 42,609  |   |                 | $      | 2,159   |                |   | $      | 6,874     |        (1)  |   | $ | 51,642 |   |
| Interest      earning time deposits                                          |   | $                | 5,281   |   |                 | $      | -       |                |   | $      | -         |             |   | $ | 5,281 |   |
| Securities      available for sale                                           |   | $                | 77,667  |   |                 | $      | 54,236  |                |   | $      | (695      | )      (2)       |   | $ | 131,208 |   |
| Securities      held for maturity                                            |   | $                | -       |   |                 | $      | 495     |                |   | $      | -         |             |   | $ | 495 |   |
| Federal      Home Loan Bank stock                                            |   | $                | 5,604   |   |                 | $      | 778     |                |   | $      | -         |             |   | $ | 6,382 |   |
| Loans,      net                                                              |   | $                | 325,931 |   |                 | $      | 104,719 |                |   | $      | 110       |        (3)  |   | $ | 430,760 |   |
| Loans      held for sale                                                     |   | $                | 609     |   |                 | $      | -       |                |   | $      | -         |             |   | $ | 609 |   |
| Property      and equipment, net                                             |   | $                | 10,396  |   |                 | $      | 1,648   |                |   | $      | -         |        (4)  |   | $ | 12,044 |   |
| Mortgage      servicing rights                                               |   | $                | 478     |   |                 | $      | -       |                |   | $      | 183       |        (5)  |   | $ | 661 |   |
| Goodwill                                                                     |   | $                | 9,403   |   |                 | $      | -       |                |   | $      | 11,089    |        (6)  |   | $ | 20,492 |   |
| Core      deposit intangible                                                 |   | $                | 1,211   |   |                 | $      | -       |                |   | $      | 867       |        (7)  |   | $ | 2,078 |   |
| Other      assets                                                            |   | $                | 3,322   |   |                 | $      | 1,355   |                |   | $      | 541       |        (8)  |   | $ | 5,218 |   |
|     Total      assets                                    |   | $                | 482,511 |   |                 | $      | 165,390 |                |   | $      | 18,969    |             |   | $ | 666,870 |   |
|                                                                         |   |             |    |   |                 |   |    |                |   |   |      |             |   |   |   |   |
| Liabilities                                                                  |   |             |    |   |                 |   |    |                |   |   |      |             |   |   |   |   |
| Total      deposits                                                          |   | $                | 332,141 |   |                 | $      | 110,007 |                |   | $      | 328       |        (3)  |   | $ | 442,476 |   |
| Federal      Home Loan Bank advances                                         |   | $                | 17,448  |   |                 | $      | 28,871  |                |   | $      | 19,977    |        (9)  |   | $ | 66,296 |   |
| Securities      sold under agreement to repurchase                           |   | $                | 41,421  |   |                 | $      | 13,550  |                |   | $      | -         |             |   | $ | 54,971 |   |
| Subordinated      debentures                                                 |   | $                | 3,875   |   |                 | $      | -       |                |   | $      | -         |             |   | $ | 3,875 |   |
| Other      liabilities                                                       |   | $                | 3,000   |   |                 | $      | 698     |                |   | $      | -         |             |   | $ | 3,698 |   |
|   Total      liabilities                                           |   | $                | 397,885 |   |                 | $      | 153,126 |                |   | $      | 20,305    |             |   | $ | 571,316 |   |
|                                                                         |   |             |    |   |                 |   |    |                |   |   |      |             |   |   |   |   |
| Stockholders'      equity                                                    |   |             |    |   |                 |   |    |                |   |   |      |             |   |   |   |   |
| Common      stock                                                            |   | $                | 907     |   |                 | $      | 3,700   |                |   | $      | (3,593    | )      (10)      |   | $ | 1,014 |   |
| Additional      paid-in capital                                              |   | $                | 71,125  |   |                 | $      | 4,417   |                |   | $      | 5,794     |        (10) |   | $ | 81,336 |   |
| Retained      earnings                                                       |   | $                | 22,889  |   |                 | $      | 4,158   |                |   | $      | (3,548    | )      (11)      |   | $ | 23,499 |   |
| Accumulated      other comprehensive income      (loss)                      |   | $                | (47     | )      |                 | $      | 74      |                |   | $      | (74       | )      (10)      |   | $ | (47 | ) |
| Unearned      employee stock ownership plan      shares                      |   | $                | (670    | )      |                 | $      | -       |                |   | $      | -         |             |   | $ | (670 | ) |
| Treasury      stock                                                          |   | $                | (9,578  | )      |                 | $      | (85     | )                   |   | $      | 85        |        (10) |   | $ | (9,578 | ) |
|   Total      stockholders' equity                                  |   | $                | 84,626  |   |                 | $      | 12,264  |                |   | $      | (1,336    | )                |   | $ | 95,554 |   |
|                                                                         |   |             |    |   |                 |   |    |                |   |   |      |             |   |   |   |   |
|     Total      liabilities and stockholders' equity |   | $                | 482,511 |   |                 | $      | 165,390 |                |   | $      | 18,969    |             |   | $ | 666,870 |   |

| (1) | Represents      the funds raised through new borrowings of FHLB advances ($20.0 million),      net of the funds used to complete the cash portion of the acquisition      purchase price ($10.4 million), the cost of cashing out Partners options      and warrants ($1.5 million) and acquisition costs incurred through closing      ($1.2 million). |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Represents      the fair value adjustment for the portfolio of acquired investments as of      October 10, 2008 ($0.5 million), the write-off of investment premium      remaining on Partners financial statements ($0.2 million) and other minor      adjustments to the carrying value of MBS. The fair value adjustment is      amortized over the remaining contractual lives of the securities on a      level yield basis. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      the fair value adjustments for the acquired portfolios of loans and time      deposits. The estimated lives/repricing of the portfolios are      approximately 2.2 years and 0.5 years, respectively. The adjustments are      assumed to amortize over the remaining lives of the underlying asset or      liability on a level yield basis. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Represents      the estimated fair value of the unrecorded servicing asset related to the      acquired portfolio of loans serviced for others. The adjustment is      amortized over the lives of the underlying mortgages using a level yield      methodology. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Represents      the estimate of the excess of the total direct acquisition costs over the      estimated fair value of the net assets acquired based on currently      available information. Goodwill is expected to be tested for impairment      annually with the impairment losses, if any, charged to expense if and      when they occur. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Represents      the estimated fair value adjustment relating to the future economic      benefit of the acquired core deposits. The adjustment is assumed to      amortize to expense on an accelerated basis over its estimated live of 9.7      years. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Represents      the adjustment to the deferred tax asset at a marginal rate of 38.0      percent for the tax effect on the fair value adjustments and the cash out      of the Partners options andwarrants. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Represents      the proceeds of new FHLB advances ($20.0 million) net of the fair value      adjustment for the acquired portfolio of borrowings ($23 thousand). The      lives/repricing of the acquired borrowings portfolio is approximately 2.6      years. The fair value adjustment is assumed to amortize over the remaining      lives of the underlying borrowings on a level yield  basis. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | Represents      the elimination of Partner's equity as of the date of the transaction and      issuance of 1,068,092 shares of FCLF common stock at $9.66 per share to      complete the acquisition. This per share price is the closing price of the      FCLF common stock at April 30,2008. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | Represents      the elimination of Partner's retained earnings at closing, including      retained earnings as of September 30, 2008 ($4.2 million) net of retained      earnings through the transaction date ($0.5 million) and unrealized gains      ($0.1 million). |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                     |   | FCLFConsolidated |   |   | PartnersConsolidated |   |   | PurchaseAdjustments |   |   | Pro Forma |            |
|----------------------------------------------------------|--------|------------------|--------|--------|----------------------|--------|--------|---------------------|--------|--------|-----------|-----------------|
|                                                     |   | ($000)           |   |   | ($000)               |   |   | ($000)              |   |   | ($000)    |            |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |
| Total      interest and dividend income                  |   | $                | 22,401 |   |                 | $      | 8,532  |                |   | $      | 35        |        (1) |   | $ | 30,968 |   |
| Total      interest expense                              |   | $                | 12,084 |   |                 | $      | 5,229  |                |   | $      | 473       |        (2) |   | $ | 17,786 |   |
| Net      interest income                                 |   | $                | 10,317 |   |                 | $      | 3,303  |                |   | $      | (438      | )               |   | $ | 13,182 |   |
| Provision      for loan losses                           |   | $                | 347    |   |                 | $      | 36     |                |   | $      | -         |            |   | $ | 383 |   |
| Net      interest income after provision for loan losses |   | $                | 9,970  |   |                 | $      | 3,267  |                |   | $      | (438      | )               |   | $ | 12,799 |   |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |   |   |   |   |
| Total      noninterest income                            |   | $                | 626    |   |                 | $      | 155    |                |   | $      | -         |            |   | $ | 781 |   |
| Total      noninterest expense                           |   | $                | 6,771  |   |                 | $      | 2,688  |                |   | $      | 211       |   (3) |   | $ | 9,670 |   |
| Income      before income taxes                          |   | $                | 3,825  |   |                 | $      | 734    |                |   | $      | (649      | )               |   | $ | 3,910 |   |
| Income      taxes                                        |   | $                | 1,419  |   |                 | $      | 92     |                |   | $      | (247      | ) (4)      |   | $ | 1,264 |   |
| Net      income                                          |   | $                | 2,406  |   |                 | $      | 642    |                |   | $      | (402      | )               |   | $ | 2,646 |   |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |   |   |   |   |
| Basic      earnings per share                            |   | $                | 0.27   |   |                 | $      | 1.74   |                |   |   |      |            |   | $ | 0.27 |   |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |   |   |   |   |
| Diluted      earnings per share                          |   | $                | 0.27   |   |                 | $      | 1.64   |                |   |   |      |            |   | $ | 0.27 |   |

----

|                                                     |   | FCLFConsolidated |   |   | PartnersConsolidated |   |   | PurchaseAdjustments |   |   | Pro Forma |            |
|----------------------------------------------------------|--------|------------------|--------|--------|----------------------|--------|--------|---------------------|--------|--------|-----------|-----------------|
|                                                     |   | ($000)           |   |   | ($000)               |   |   | ($000)              |   |   | ($000)    |            |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |
| Total      interest and dividend income                  |   | $                | 17,285 |   |                 | $      | 6,428  |                |   | $      | 32        |        (1) |   | $ | 23,745 |   |
| Total      interest expense                              |   | $                | 8,981  |   |                 | $      | 3,242  |                |   | $      | 322       |        (2) |   | $ | 12,545 |   |
| Net      interest income                                 |   | $                | 8,304  |   |                 | $      | 3,186  |                |   | $      | (290      | )               |   | $ | 11,200 |   |
| Provision      for loan losses                           |   | $                | 502    |   |                 | $      | 217    |                |   | $      | -         |            |   | $ | 719 |   |
| Net      interest income after provision for loan losses |   | $                | 7,802  |   |                 | $      | 2,969  |                |   | $      | (290      | )               |   | $ | 10,481 |   |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |   |   |   |   |
| Total      noninterest income                            |   | $                | 593    |   |                 | $      | 218    |                |   | $      | -         |            |   | $ | 811 |   |
| Total      noninterest expense                           |   | $                | 5,554  |   |                 | $      | 2,058  |                |   | $      | 154       |        (3) |   | $ | 7,766 |   |
| Income      before income taxes                          |   | $                | 2,841  |   |                 | $      | 1,129  |                |   | $      | (444      | )               |   | $ | 3,526 |   |
| Income      taxes                                        |   | $                | 1,026  |   |                 | $      | 323    |                |   | $      | 169       |        (4) |   | $ | 1,518 |   |
| Net      income                                          |   | $                | 1,815  |   |                 | $      | 806    |                |   | $      | (612      | )               |   | $ | 2,009 |   |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |   |   |   |   |
| Basic      earnings per share                            |   | $                | 0.22   |   |                 | $      | 2.18   |                |   |   |      |            |   | $ | 0.22 |   |
|                                                     |   |             |   |   |                 |   |   |                |   |   |      |            |   |   |   |   |
| Diluted      earnings per share                          |   | $                | 0.22   |   |                 | $      | 2.06   |                |   |   |      |            |   | $ | 0.22 |   |

| (1) | Represents      the aggregate impact of amortization of the fair value adjustment using a      level yield method over the lives of the related assets for the year ended      December 31, 2007 and the nine months ended September 30, 2008. Also      includes the interest income on the net increase in cash resulting from      the new borrowings net of transaction adjustments. A pre-tax reinvestment      rate of 1.40 percent was applied for the year ended December 31, 2007 and      the nine months ended September 30, 2008. The reinvestment rate was the      Federal Funds rate as of October 10,2008. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                       |   | Year      endedDecember 31, 2007 |   |   | Nine      months endedSeptember 30, 2008 |   |
|------------------------------------------------------------|--------|----------------------------------|--------|--------|------------------------------------------|--------|
|                                                       |   | ($000)                           |   | ($000) |
| Amortization      of fair value adjustment for loans       |   | $                                | (59    | )      |                                     | $      | (37 | ) |
| Amortization      of fair value adjustment for investments |   | $                                | (2     | )      |                                     | $      | (3 | ) |
| Earnings      on net increase in cash and investments      |   | $                                | 96     |   |                                     | $      | 72 |   |
| Fair      value adjustment for the period                  |   | $                                | 35     |   |                                     | $      | 32 |   |

| (2) | Represents      the amortization of the fair value adjustments using a level yield method      over the estimated lives of the related liabilities for the year ended      December 31, 2007 and the nine months ended September 30, 2008 and the      estimated interest expense related to $20.0 million of new FHLB advances.      The average annual interest cost of the FHLB advances was 3.325% on a      pre-tax basis. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                      |   | Year      endedDecember 31, 2007 |   |   | Nine      months endedSeptember 30, 2008 |   |
|-----------------------------------------------------------|--------|----------------------------------|--------|--------|------------------------------------------|--------|
|                                                      |   | ($000)                           |   | ($000) |
| Amortization      of fair value adjustment for deposits   |   | $                                | (239   | )      |                                     | $      | (213 | ) |
| Amortization      of fair value adjustment for borrowings |   | $                                | 47     |   |                                     | $      | 36 |   |
| Interest      expense from new FHLB advances              |   | $                                | 665    |   |                                     | $      | 499 |   |
| Fair      value adjustment for the period                 |   | $                                | 473    |   |                                     | $      | 322 |   |

----

| (3) | Includes      the amortization on an accelerated basis of the identifiable intangible      assets recorded. Amortization is based on the estimated lives of the      assets and are calculated for the year ended December 31, 2007 and the      nine months ended September 30, 2008. Does not include potential cost      savings that could result from a combination of operations, which are      considered speculative and are notincluded. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                 |   | Year      endedDecember 31, 2007 |   |   | Nine      months endedSeptember 30, 2008 |   |
|------------------------------------------------------|--------|----------------------------------|--------|--------|------------------------------------------|--------|
|                                                 |   | ($000)                           |   | ($000) |
| Amortization      of mortgage servicing rights value |   | $                                | 32     |   |                                     | $      | 24 |   |
| Amortization      of core deposit intangible         |   | $                                | 179    |   |                                     | $      | 130 |   |
| Fair      value adjustment for the period            |   | $                                | 211    |   |                                     | $      | 154 |   |

| (4) | Represents      the provision for taxes using an effective marginal rate of 38.0      percent. |
|-----|------------------------------------------------------------------------------------------------|

| (5) | Amortization      and accretion of purchase accounting adjustments for each of the periods      following the acquisition are asfollows: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------|

|                                       |   | Core      DepositIntangible |   |   | MortgageServicing Rights |   |   | Fair      ValueAdjustmentNet      (accretion)/ Amortization |   |   | Net      (Increase)/Decrease      inIncome      BeforeTaxes |   |
|--------------------------------------------|--------|-----------------------------|--------|--------|--------------------------|--------|--------|------------------------------------------------------------------|--------|--------|-------------------------------------------------------------|--------|
|                                       |   | ($000)                      |   |   | ($000)                   |   |   | ($000)                                                           |   |   | ($000)                                                      |   |
| October      10, 2008 to December 31, 2008 |   | $                           | 45     |   |                     | $      | 8      |                                                             |   | $      | (113                                                        | )      |   | $ | (60 | ) |
| January      1, 2009 to December 31, 2009  |   | $                           | 171    |   |                     | $      | 31     |                                                             |   | $      | (124                                                        | )      |   | $ | 78 |   |
| January      1, 2010 to December 31, 2010  |   | $                           | 136    |   |                     | $      | 26     |                                                             |   | $      | (51                                                         | )      |   | $ | 111 |   |
| January      1, 2011 to December 31, 2011  |   | $                           | 106    |   |                     | $      | 22     |                                                             |   | $      | (51                                                         | )      |   | $ | 77 |   |
| January      1, 2012 to December 31, 2012  |   | $                           | 84     |   |                     | $      | 18     |                                                             |   | $      | (31                                                         | )      |   | $ | 71 |   |
| January      1, 2013 to December 31, 2013  |   | $                           | 69     |   |                     | $      | 14     |                                                             |   | $      | (40                                                         | )      |   | $ | 43 |   |