----

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| UNITED STATES                      |
|------------------------------------|
| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C.  20549  |
|                               |
|                               |
| FORM 10-Q                          |

| (Mark One)                                                                              |
|-----------------------------------------------------------------------------------------|
| x                                                                                       | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                                    |
| For the quarterly period ended March 31, 2011                                           |
|                                                                                    |
| OR                                                                                      |
| o                                                                                       | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                                    |
| For the transition period from _________________ to ___________________  |
|                                                                                    |
| Commission file number: 000-54133                                                       |

| Century Next Financial Corporation                |   |
|--------------------------------------------------------|--------|
| (Exact Name of Registrant as Specified in Its Charter) |   |

| Louisiana                                                      |   | 27-2851432                                            |   |
|----------------------------------------------------------------|--------|-------------------------------------------------------|--------|
| (State or Other Jurisdiction of Incorporation or Organization) |   | (I.R.S. Employer Identification No.)                  |   |
|                                                           |   |                                                  |   |
| 505 North Vienna Street                                        |   |                                                  |   |
| Ruston, Louisiana                                              |   | 71270         |   |
| (Address of Principal Executive Offices)                       |   | (Zip Code)                                            |   |

| (318) 255-3733                                                                     |
|------------------------------------------------------------------------------------|
| (Registrant’s Telephone Number, Including Area Code)                         |
|                                                                               |
| Not Applicable                                                                     |
| (Former name, former address and former fiscal year, if changed since last report) |
|                                                                                                                                                                                                                                                                                                                                                                                               |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. x Yes   o No     |
|                                                                                                                                                                                                                                                                                                                                                                                               |
| Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Date File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). o Yes   o  No |
|                                                                                                                                                                                                                                                                                                                                                                                               |
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check One):                                    |

| Large accelerated filer                       | o                                 | Accelerated filer               | o |
|-----------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------|---|
| Non-accelerated filer                         | o                                                                                                                                                                                                 |  Smaller reporting company | x |
| (Do not check if a smaller reporting company) |                                                                                                                                                                                              |                            |

| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).                                                                                                                                              |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| o Yes   x No                                                                                                                                                                                                                              |
| APPLICABLE ONLY TO CORPORATE ISSUERS:                                                                                                                                                                                                                         |
|                                                                                                                                                                                                                                                          |
| Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:  As of May 13, 2011, 1,058,000 shares of the Registrant’s common stock were issued and outstanding.  |

----

|                           |                                                                                        | Page   |
|--------------------------------|---------------------------------------------------------------------------------------------|--------|
| PART I - FINANCIAL INFORMATION |                                                                                        |
|                           |                                                                                        |   |
| Item 1 -                       | Financial Statements (Unaudited)                                                            | 1      |
|                           |                                                                                        |   |
| Item 2 -                       | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 11     |
|                           |                                                                                        |   |
| Item 3 -                       | Quantitative and Qualitative Disclosures About Market Risk                                  | 17     |
|                           |                                                                                        |   |
| Item 4 -                       | Controls and Procedures                                                                     | 17     |
|                           |                                                                                        |   |
| PART II - OTHER INFORMATION    |                                                                                        |
|                           |                                                                                        |   |
| Item 1 -                       | Legal Proceedings                                                                           | 18     |
|                           |                                                                                        |   |
| Item 1A -                      | Risk Factors                                                                                | 18     |
|                           |                                                                                        |   |
| Item 2 -                       | Unregistered Sales of Equity Securities and Use of Proceeds                                 | 18     |
|                           |                                                                                        |   |
| Item 3 -                       | Defaults Upon Senior Securities                                                             | 18     |
|                           |                                                                                        |   |
| Item 4 -                       | (Removed and Reserved)                                                                      | 18     |
|                           |                                                                                        |   |
| Item 5 -                       | Other Information                                                                           | 18     |
|                           |                                                                                        |   |
| Item 6 -                       | Exhibits                                                                                    | 18     |
|                           |                                                                                        |   |
| Signatures                     | 19                                                                                          |

----

|                                                                                                     |   | March 31,   |          |   | December 31, |   |
|----------------------------------------------------------------------------------------------------------|--------|-------------|---------------|--------|--------------|--------|
|                                                                                                     |   | 2011        |          |   | 2010         |   |
|                                                                                                     |   | (Unaudited) |          |   |         |   |
| ASSETS                                                                                                   |   |        |          |   |         |   |
|                                                                                                     |   |        |          |   |         |   |
| Cash and cash equivalents                                                                                |   | $           | 5,014         |   |         | $      | 7,581 |   |
| Investment and mortgage-backed securities                                                                |   |        | 11,180        |   |         |   | 11,563 |   |
| Federal Home Loan Bank stock                                                                             |   |        | 280           |   |         |   | 280 |   |
| Loans (includes loans held for sale of $1,619 and $801), less allowance for loan losses of $204 and $204 |   |        |   74,252 |   |         |   |   71,613 |   |
| Accrued interest receivable:                                                                             |   |        |          |   |         |   |   |   |
| Loans                                                                                                    |   |        | 360           |   |         |   | 358 |   |
| Securities                                                                                               |   |        | 37            |   |         |   | 38 |   |
| Premises and equipment, net of accumulated depreciation of $1,554 and $1,499                        |   |        | 3,905         |   |         |   | 3,779 |   |
| Foreclosed real estate                                                                                   |   |        | -             |   |         |   | - |   |
| Other assets                                                                                             |   |        | 2,937         |   |         |   | 2,903 |   |
|                                                                                                     |   |        |          |   |         |   |   |   |
| Total assets                                                                                             |   | $           | 97,965        |   |         | $      | 98,115 |   |
|                                                                                                     |   |        |          |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                               |   |        |          |   |         |   |   |   |
|                                                                                                     |   |        |          |   |         |   |   |   |
| Liabilities:                                                                                             |   |        |          |   |         |   |   |   |
| Deposits                                                                                                 |   |        |          |   |         |   |   |   |
| Savings and demand                                                                                       |   | $           | 44,914        |   |         | $      | 44,618 |   |
| Time                                                                                                     |   |        | 32,497        |   |         |   | 33,277 |   |
| Total deposits                                                                                           |   |        | 77,411        |   |         |   | 77,895 |   |
|                                                                                                     |   |        |          |   |         |   |   |   |
| Advances from borrowers for insurance and taxes                                                          |   |        | 49            |   |         |   | 37 |   |
| FHLB advances                                                                                            |   |        | 406           |   |         |   | 415 |   |
| Securities sold under agreements to repurchase                                                           |   |        | 866           |   |         |   | 588 |   |
| Accrued interest payable                                                                                 |   |        | 20            |   |         |   | 18 |   |
| Other liabilities                                                                                        |   |        | 769           |   |         |   | 854 |   |
| Total liabilities                                                                                        |   |        | 79,521        |   |         |   | 79,807 |   |
|                                                                                                     |   |        |          |   |         |   |   |   |
| Stockholders’ Equity:                                                                              |   |        |          |   |         |   |   |   |
| Preferred Stock, $.01 par value – 1,000,000 shares authorized;  none issued              |   |        | -             |   |         |   | - |   |
| Common Stock, $.01 par value - 9,000,000 shares authorized; 1,058,000 issued; 1,058,000 outstanding |   |        | 11            |   |         |   | 11 |   |
| Additional Paid In Capital                                                                               |   |        | 9,824         |   |         |   | 9,821 |   |
| Unearned ESOP Shares (65,036 shares and 65,870 shares)                                                   |   |        | (653          | )      |         |   | (661 | ) |
| Accumulated other comprehensive income, net of taxes of $35 and $37                                      |   |        | 68            |   |         |   | 73 |   |
| Retained earnings                                                                                        |   |        | 9,194         |   |         |   | 9,064 |   |
| Total stockholders’ equity                                                                         |   |        | 18,444        |   |         |   | 18,308 |   |
|                                                                                                     |   |        |          |   |         |   |   |   |
| Total liabilities and stockholders’ equity                                                         |   | $           | 97,965        |   |         | $      | 98,115 |   |

----

|                                                |   | For the Three Months |    |
|-----------------------------------------------------|--------|----------------------|---------|
|                                                |   | Ended March 31,      |    |
|                                                |   | 2011                 |    |   | 2010 |   |
| Interest income:                                    |   |                 |    |   |   |   |
| First mortgage loans                                |   | $                    | 151     |   |   | $ | 174 |   |
| Consumer and other loans                            |   |                 | 972     |   |   |   | 894 |   |
|    Investment securities             |   |                 | 43      |   |   |   | 51 |   |
|    Other                             |   |                 | -       |   |   |   | 1 |   |
| Total interest income                               |   |                 | 1,166   |   |   |   | 1,120 |   |
|                                                |   |                 |    |   |   |   |   |   |
| Interest expense:                                   |   |                 |    |   |   |   |   |   |
| Savings and interest-bearing demand deposits        |   |                 | 79      |   |   |   | 58 |   |
| Time deposits                                       |   |                 | 116     |   |   |   | 207 |   |
| Other borrowings                                    |   |                 | 5       |   |   |   | 2 |   |
| Total interest expense                              |   |                 | 200     |   |   |   | 267 |   |
|                                                |   |                 |    |   |   |   |   |   |
| Net interest income                                 |   |                 | 966     |   |   |   | 853 |   |
| Provision for loan losses                           |   |                 |  - |   |   |   | - |   |
|                                                |   |                 |    |   |   |   |   |   |
| Net interest income after provision for loan losses |   |                 | 966     |   |   |   | 853 |   |
|                                                |   |                 |    |   |   |   |   |   |
| Noninterest income:                                 |   |                 |    |   |   |   |   |   |
| Service charges                                     |   |                 | 49      |   |   |   | 39 |   |
| Loan fees                                           |   |                 | 121     |   |   |   | 64 |   |
| Gain on sale of foreclosed real estate              |   |                 | 5       |   |   |   | 3 |   |
| Gain on cash value of life insurance                |   |                 | 15      |   |   |   | 8 |   |
| Gain on sale of fixed assets                        |   |                 | -       |   |   |   | 53 |   |
| Other operating income                              |   |                 | 14      |   |   |   | 9 |   |
| Total noninterest income                            |   |                 | 204     |   |   |   | 176 |   |
|                                                |   |                 |    |   |   |   |   |   |
| Noninterest expense                                 |   |                 |    |   |   |   |   |   |
| Salaries and benefits                               |   |                 | 573     |   |   |   | 507 |   |
| Occupancy expense                                   |   |                 | 97      |   |   |   | 101 |   |
| Expense of foreclosed real estate                   |   |                 | -       |   |   |   | 1 |   |
| FDIC deposit insurance                              |   |                 | 21      |   |   |   | 26 |   |
| Outside service fees                                |   |                 | 23      |   |   |   | 20 |   |
| Service bureau expenses                             |   |                 | 49      |   |   |   | 33 |   |
| Advertising                                         |   |                 | 22      |   |   |   | 25 |   |
| Deposit/fraud loss                                  |   |                 | 16      |   |   |   | 3 |   |
| Legal and professional                              |   |                 | 31      |   |   |   | - |   |
| Office supplies, stationery and printing            |   |                 | 23      |   |   |   | 21 |   |
| Other operating expense                             |   |                 | 106     |   |   |   | 91 |   |
| Total noninterest expense                           |   |                 | 961     |   |   |   | 828 |   |
|                                                |   |                 |    |   |   |   |   |   |
| Income before income taxes                          |   |                 | 209     |   |   |   | 201 |   |
| Income taxes                                        |   |                 | 79      |   |   |   | 61 |   |
| Net income                                          |   | $                    | 130     |   |   | $ | 140 |   |
| Earnings Per Common Share                           |   |                 |    |   |   |   |   |   |
| Basic                                               |   | $                    | 0.13    |   |   |   | N/A |   |
| Diluted                                             |   | $                    | 0.13    |   |   |   | N/A |   |

----

|                                                                        |   |   |    |   |       |   |   |     |   |   | Accumulated   |   |   |     |   |   |   |   |
|-----------------------------------------------------------------------------|--------|--------|---------|--------|------------|--------|--------|----------|--------|--------|---------------|--------|--------|----------|--------|--------|--------|--------|
|                                                                        |   |   |    |   | Additional |   |   | Unearned |   |   | Other         |   |   |     |   |   |   |   |
|                                                                        |   | Common |    |   | Paid In    |   |   | ESOP     |   |   | Comprehensive |   |   | Retained |   |   | Total  |   |
|                                                                        |   | Stock  |    |   | Capital    |   |   | Shares   |   |   | Income        |   |   | Earnings |   |   | Equity |   |
|                                                                        |   |   |    |   |       |   |   |     |   |   |          |   |   |     |   |   |   |   |
| Balance at December 31, 2009                                                |   | $      | -       |   |       | $      | -      |     |   | $      | -             |   |   | $        | 69     |   |   | $      | 8,407 |   |   | $ | 8,476 |   |
| Net income                                                                  |   |   | -       |   |       |   | -      |     |   |   | -             |   |   |     | -      |   |   |   | 140 |   |   |   | 140 |   |
| Unrealized gain on securities available for sale, net of taxes of $9        |   |   |  - |   |       |   | -      |     |   |   | -             |   |   |     | 17     |   |   |   | - |   |   |   | 17 |   |
| Comprehensive income                                                        |   |   | -       |   |       |   | -      |     |   |   | -             |   |   |     | -      |   |   |   | - |   |   |   | 157 |   |
|                                                                        |   |   |    |   |       |   |   |     |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Balance at March 31, 2010                                                   |   | $      | -       |   |       | $      | -      |     |   | $      | -             |   |   | $        | 86     |   |   | $      | 8,547 |   |   | $ | 8,633 |   |
|                                                                        |   |   |    |   |       |   |   |     |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Balance at December 31, 2010                                                |   | $      | 11      |   |       | $      | 9,821  |     |   | $      | (661          | )      |   | $        | 73     |   |   | $      | 9,064 |   |   | $ | 18,308 |   |
| Net income                                                                  |   |   | -       |   |       |   | -      |     |   |   | -             |   |   |     | -      |   |   |   | 130 |   |   |   | 130 |   |
| Unrealized (loss) on securities available for sale, net of taxes of $2 |   |   | -       |   |       |   | -      |     |   |   | -             |   |   |     | (5     | )      |   |   | - |   |   |   | (5 | ) |
| Comprehensive income                                                        |   |   |  - |   |       |   | -      |     |   |   |  -       |   |   |     | -      |   |   |   |  - |   |   |   | 125 |   |
|                                                                        |   |   |    |   |       |   |   |     |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |   |
| ESOP shares released for allocation                                         |   |   | -       |   |       |   | 3      |     |   |   | 8             |   |   |     | -      |   |   |   | - |   |   |   | 11 |   |
|                                                                        |   |   |    |   |       |   |   |     |   |   |          |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Balance at March 31, 2011                                                   |   | $      | 11      |   |       | $      | 9,824  |     |   | $      | (653          | )      |   | $        | 68     |   |   | $      | 9,194 |   |   | $ | 18,444 |   |

----

|                                                                          |         | Three Months Ended March 31, |          |
|-------------------------------------------------------------------------------|--------------|------------------------------|---------------|
|                                                                          |         | 2011                         |          |   | 2010 |   |
| Cash flows from operating activities:                                         |         |                         |          |   |   |   |   |   |
| Net income                                                                    |         | $                            | 130           |   |   | $ | 140 |   |
| Adjustments to reconcile net income to net cash used by operating activities: |         |                         |          |   |   |   |   |   |
| Provision for loan losses                                                     |         |                         | -             |   |   |   | - |   |
| Depreciation                                                                  |         |                         | 55            |   |   |   | 48 |   |
| Amortization, accretion and fair market adjustments to investments            |         |                         | 21            |   |   |   | - |   |
| Gain on sale of foreclosed real estate                                        |         |                         | -             |   |   |   | (3 | ) |
| Gain on cash value of life insurance                                          |         |                         | (15           | ) |   |   | (8 | ) |
| Gain on sale of fixed assets                                                  |         |                         | -             |   |   |   | (53 | ) |
| Net increase in loans held for sale                                           |         |                         | (818          | ) |   |   | (1,624 | ) |
| Increase in accrued interest receivable                                       |         |                         | (1            | ) |   |   | (44 | ) |
| Increase (decrease) in accrued interest payable                               |         |                         | 1             |   |   |   | (1 | ) |
| (Increase) decrease in other assets                                           |         |                         | (1            | ) |   |   | 69 |   |
| Increase (decrease) in other liabilities                                      |         |                         |  (85     | ) |   |   |  19 |   |
| Total adjustments                                                             |         |                         |  (843    | ) |   |   |  ( 1,597 | ) |
| Net cash used by operating activities                                         |         |                         |  (713    | ) |   |   |  (1,457 | ) |
|                                                                          |         |                         |          |   |   |   |   |   |
| Cash flows from investing activities:                                         |         |                         |          |   |   |   |   |   |
| Proceeds from sales and maturities of investment securities                   |         |                         | 357           |   |   |   | 368 |   |
| Proceeds from sale of foreclosed real estate                                  |         |                         | 12            |   |   |   | 4 |   |
| Purchases of life insurance                                                   |         |                         | (29           | ) |   |   | - |   |
| Proceeds from sale of fixed assets                                  |         |                         | -             |   |   |   | 150 |   |
| Purchase of premises and equipment, net                                       |         |                         | (181          | ) |   |   | (38 | ) |
| Net increase in loans                                                         |         |                         | (1,821        | ) |   |   | (1,818 | ) |
| Net cash used by investing activities                                         |         |                         |   (1,662 | ) |   |   |  (1,334 | ) |
|                                                                          |         |                         |          |   |   |   |   |   |
| Cash flows from financing activities:                                         |         |                         |          |   |   |   |   |   |
| Net increase in savings and demand deposits                                   |         |                         | 296           |   |   |   | 1,992 |   |
| Net decrease in time deposits                                                 |         |                         | (780          | ) |   |   | (1,084 | ) |
| Increase in advances from borrowers for insurance and taxes                   |         |                         | 11            |   |   |   | 11 |   |
| Net decrease in FHLB advances                                                 |         |                         | (9            | ) |   |   | - |   |
| ESOP shares released                                                          |         |                         | 11            |   |   |   | - |   |
| Net increase in securities sold under agreements to repurchase                |         |                         | 279           |   |   |   | 51 |   |
| Net cash provided  (used by) financing activities                   |         |                         | (192          | ) |   |   | 970 |   |
| Net decrease in cash and cash equivalents                                     |         |                         | (2,567        | ) |   |   | (1,821 | ) |
|                                                                          |         |                         |          |   |   |   |   |   |
| Cash and cash equivalents at beginning of year                                |         |                         |  7,581   |   |   |   |  4,674 |   |
|                                                                          |         |                         |          |   |   |   |   |   |
| Cash and cash equivalents at end of year                                      |         | $                            | 5,014         |   |   | $ | 2,853 |   |
|                                                                          |         |                         |          |   |   |   |   |   |
| Supplementary cash flow information:                                          |         |                         |          |   |   |   |   |   |
| Cash  paid:                                                         | Interest     |                         | $             | 199 |   |   | $ | 268 |   |
|                                                                          | Income Taxes |                         | $             | 200 |   |   | $ | - |   |

----

|   | Nature of Operations |
|--------|----------------------|

----

----

|                     |   | March 31, 2011   |   |
|--------------------------|--------|------------------|--------|
|                     |   | Held to Maturity |   |   | Available for Sale |   |
|                     |   |             |   |   |   |   |
| Purchases of securities  |   | $                | -      |   |   | $ | - |   |
| Maturities of securities |   | $                | 7      |   |   | $ |  350 |   |

|                                          |   | March 31, 2011 |   |   | December 31, 2010 |   |
|-----------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
| Held for sale (one- to-four family)           |   | $              | 1,619  |   |              | $      | 801 |   |
| Residential real estate (one- to-four family) |   |           | 37,881 |   |              |   | 35,466 |   |
| Commercial real estate and lines of credit    |   |           | 12,673 |   |              |   | 12,853 |   |
| Multifamily real estate                       |   |           | 1,982  |   |              |   | 2,027 |   |
| Land                                          |   |           | 6,229  |   |              |   | 6,891 |   |
| Residential construction                      |   |           | 811    |   |              |   | 777 |   |
| Commercial business                           |   |           | 6,124  |   |              |   | 5,970 |   |
| Home equity lines of credit                   |   |           | 1,369  |   |              |   | 1,250 |   |
| Consumer non-real estate                      |   |           | 5,700  |   |              |   | 5,740 |   |
| Overdrafts                                    |   |           | 68     |   |              |   |   42 |   |
|                                          |   |           | 74,456 |   |              |   | 71,817 |   |
| Allowance for loan losses                     |   |           | (204   | )      |              |   | (204 | ) |
|                                          |   | $              | 74,252 |   |              | $      | 71,613 |   |

|                      |   | March 31, 2011 |   |   | December 31, 2010 |   |
|---------------------------|--------|----------------|--------|--------|-------------------|--------|
| Beginning balance         |   | $              | 204    |   |              | $      | 176 |   |
| Provision for loan losses |   |           | -      |   |              |   | 43 |   |
| Loans charged off         |   |           | (3     | )      |              |   | (18 | ) |
| Recoveries                |   |           | 3      |   |              |   | 3 |   |
| Ending balance            |   | $              | 204    |   |              | $      | 204 |   |

----

|                                            |   | Actual |   |   | Required For CapitalAdequacy Purposes: |   | Required To Be WellCapitalized UnderPrompt CorrectiveAction Provisions: |   |
|-------------------------------------------------|--------|--------|--------|--------|----------------------------------------|--------|-------------------------------------------------------------------------|--------|
|                                            |   | Amount |   |   | Ratio                                  |   |                                                                    | Amount |   |   | Ratio |   | Amount |   |   | Ratio |   |
| As of March 31, 2011                            |   |   |   |   |                                   |   |                                                                    |   |   |   |   |   |   |   |   |   |   |
| Total capital (to Risk Weighted Assets)         |   |   | 14,678 |   |                                   |   | 20.82                                                                   | %      |   |   | 5,569 |   |   |  ≥8.0 | %  |   | 6,962 |   |   | ≥10.0 | %  |
| Core (Tier 1) Capital (to Risk Weighted Assets) |   |   | 14,492 |   |                                   |   | 21.08                                                                   | %      |   |   | 2,785 |   |   |  ≥4.0 | %  |   | 4,177 |   |   | ≥6.0 | %  |
| Core (Tier 1) Capital (to Total Assets)         |   |   | 14,492 |   |                                   |   | 14.78                                                                   | %      |   |   | 3,923 |   |   |  ≥4.0 | %  |   | 4,904 |   |   | ≥5.0 | %  |
| Tangible Capital (to Total Assets)              |   |   | 14,492 |   |                                   |   | 14.78                                                                   | %      |   |   | 1,471 |   |   |  ≥1.5 | %  |   | N/A |   |   |   | N/A |   |
|                                            |   |   |   |   |                                   |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| As of December 31, 2010                         |   |   |   |   |                                   |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total capital (to Risk Weighted Assets)         |   |   | 14,502 |   |                                   |   | 21.36                                                                   | %      |   |   | 5,432 |   |   |  ≥8.0 | %  |   | 6,790 |   |   | ≥10.0 | %  |
| Core (Tier I) Capital (to Risk Weighted Assets) |   |   | 14,318 |   |                                   |   | 21.09                                                                   | %      |   |   | 2,716 |   |   |  ≥4.0 | %  |   | 4,074 |   |   | ≥6.0 | %  |
| Core (Tier I) Capital (to Total Assets)         |   |   | 14,318 |   |                                   |   | 14.60                                                                   | %      |   |   | 3,923 |   |   |  ≥4.0 | %  |   | 4,904 |   |   | ≥5.0 | %  |
| Tangible Capital (to Total Assets)              |   |   | 14,318 |   |                                   |   | 14.60                                                                   | %      |   |   | 1,471 |   |   |  ≥1.5 | %  |   | N/A |   |   |   | N/A |   |

|                            |   | March 31, 2011 |   |   | December 31, 2010 |   |
|---------------------------------|--------|----------------|--------|--------|-------------------|--------|
| GAAP equity                     |   | $              | 15,215 |   |              | $      | 15,054 |   |
| Allowance for loan losses/other |   |           | (537   | )      |              |   | (552 | ) |
| Total capital                   |   | $              | 14,678 |   |              | $      | 14,502 |   |

----

|                                  |   | March 31, 2011 |   |   | December 31, 2010 |   |
|---------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                                  |   |           |   |   | Weighted          |   |   |   |   |   | Weighted |   |
|                                  |   |           |   |   | Average           |   |   |   |   |   | Average |   |
|                                  |   | Amount         |   |   | Rate              |   |   | Amount |   |   | Rate |   |
| Savings and Demand                    |   |           |   |   |              |   |   |   |   |   |   |   |
| Noninterest bearing accounts          |   | $              | 7,984  |   |              |   | -- |   |   | $ | 7,881 |   |   |   | -- |   |
| Interest bearing checking             |   |           | 14,829 |   |              |   | 0.40 | % |   |   | 15,997 |   |   |   | 0.40 | % |
| Savings accounts                      |   |           | 13,212 |   |              |   | 1.35 | % |   |   | 12,278 |   |   |   | 1.33 | % |
|     Money market  |   |           | 8,889  |   |              |   | 1.00 | % |   |   | 8,462 |   |   |   | 1.00 | % |
|                                  |   | $              | 44,914 |   |              |   |   |   |   | $ | 44,618 |   |   |   |   |   |
|     Time Deposits |   |           |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| 0.00% to 0.99%                        |   | $              | 5,918  |   |              |   | 0.70 | % |   | $ | 3,977 |   |   |   | 0.74 | % |
| 1.00% to 1.99%                        |   |           | 20,638 |   |              |   | 1.31 | % |   |   | 21,142 |   |   |   | 1.37 | % |
| 2.00% to 2.99%                        |   |           | 5,295  |   |              |   | 2.24 | % |   |   | 6,461 |   |   |   | 2.23 | % |
| 3.00% to 3.99%                        |   |           | 646    |   |              |   | 3.14 | % |   |   | 1,697 |   |   |   | 3.11 | % |
| 4.00% to 4.99%                        |   |           | --     |   |              |   | -- |   |   |   | -- |   |   |   | -- |   |
| 5.00%  to 5.99%             |   |           | --     |   |              |   | -- |   |   |   | -- |   |   |   | -- |   |
|                                  |   |           |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Total time deposits                   |   | $              | 32,497 |   |              |   |   |   |   | $ | 33,277 |   |   |   |   |   |
| Total deposits                        |   | $              | 77,411 |   |              |   |   |   |   | $ | 77,895 |   |   |   |   |   |

| 2011       |   | $      | 24,644 |   |
|------------|--------|--------|--------|--------|
| 2012       |   |   | 6,538  |   |
| 2013       |   |   | 219    |   |
| Thereafter |   |   | 130    |   |
|       |   | $      | 31,531 |   |

|   | ● | Level 1 valuations, where the valuation is based on quoted market prices for identical assets or liabilities traded in active markets (which include exchanges and over-the-counter markets with sufficient volume). |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | ● | Level 2 valuations, where the valuation is based on quoted market prices for similar instruments traded 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 valuations, where the valuation is generated from model-based techniques that use significant assumptions not observable in the market, but observable based on Bank-specific data.  These unobservable assumptions reflect the Bank’s own estimates for assumptions that market participants would use in pricing the asset or liability.  Valuation techniques typically include option pricing models, discounted cash flow models, and similar techniques, but may also include the use of market prices of assets or liabilities that are not directly comparable to the subject asset or liability. |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                           |   |    |   |   |    |   |   |    |   |   | Estimated  |   |
|--------------------------------|--------|---------|--------|--------|---------|--------|--------|---------|--------|--------|------------|--------|
|                           |   | Level 1 |   |   | Level 2 |   |   | Level 3 |   |   | Fair Value |   |
| March 31, 2011                 |   |    |   |   |    |   |   |    |   |   |       |   |
| Securities available for sale: |   |    |   |   |    |   |   |    |   |   |       |   |
| FHLB certificates              |   | $       | -      |   |    | $      | 2,225  |    |   | $      |       |   |   | $ | 2,225 |   |
| GNMA certificates              |   |    | -      |   |    |   | 14     |    |   |   | -          |   |   |   | 14 |   |
| FNMA certificates              |   |    | -      |   |    |   | 1,312  |    |   |   | -          |   |   |   | 1,312 |   |
| FNR certificates               |   |    | -      |   |    |   | 97     |    |   |   | -          |   |   |   | 97 |   |
| SBA pools                      |   |    | -      |   |    |   | 7      |    |   |   | -          |   |   |   | 7 |   |
| U. S. Government obligations   |   |    | -      |   |    |   | 7,084  |    |   |   | -          |   |   |   | 7,084 |   |
| Municipal securities           |   |    | -      |   |    |   | 311    |    |   |   | -          |   |   |   | 311 |   |
|                           |   | $       | -      |   |    | $      | 11,050 |    |   | $      | -          |   |   | $ | 11,050 |   |

----

----

----

----

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|                                                                         |   | Three Months Ended March 31, |         |
|------------------------------------------------------------------------------|--------|------------------------------|--------------|
|                                                                         |   | 2011                         |         |   | 2010 |   |
|                                                                         |   | AverageBalance               |         |   | Interest |   |   | AverageYield/Rate(1) |   |   | AverageBalance |   |   | Interest |   |   | AverageYield/Rate(1) |   |
|                                                                         |   | (Dollars in thousands)       |         |
| Interest-earning assets:                                                     |   |                         |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans receivable(1)                                                     |   | $                            | 72,744       |   |   | $ | 1,123 |   |   |   | 6.18 | % |   | $ | 68,160 |   |   | $ | 1,068 |   |   |   | 6.27 | % |
| Investment securities                                                        |   |                         | 11,377       |   |   |   | 43 |   |   |   | 1.51 | % |   |   | 7,123 |   |   |   | 51 |   |   |   | 2.88 | % |
| Other interest-earning assets                                                |   |                         |  6,049  |   |   |   | - |   |   |   | 0.00 | % |   |   |  3,872 |   |   |   | 1 |   |   |   | 0.07 | % |
| Total interest-earning assets                                                |   |                         |  90,170 |   |   |   | 1,166 |   |   |   |  5.17 | % |   |   |  79,222 |   |   |   | 1,120 |   |   |   |  5.66 | % |
| Non-interest-earning assets                                                  |   |                         |  8,136  |   |   |   |   |   |   |   |   |   |   |   |  7,652 |   |   |   |   |   |   |   |   |   |
| Total assets                                                                 |   | $                            |  98,306 |   |   |   |   |   |   |   |   |   |   | $ |  86,874 |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                                |   |                         |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Savings, NOW and money market accounts                                  |   |                         | 37,049       |   |   |   | 79 |   |   |   | 0.85 | % |   |   | 29,492 |   |   |   | 58 |   |   |   | 0.79 | % |
| Certificates of deposit                                                      |   |                         | 33,080       |   |   |   | 116 |   |   |   |  1.40 | % |   |   | 40,684 |   |   |   | 207 |   |   |   |  2.04 | % |
| Total interest-bearing deposits                                              |   |                         | 70,129       |   |   |   | 195 |   |   |   | 1.11 | % |   |   | 70,176 |   |   |   | 265 |   |   |   | 1.52 | % |
| Other borrowings                                                             |   |                         | 1,097        |   |   |   |    5 |   |   |   | 1.82 | % |   |   | 712 |   |   |   |    2 |   |   |   | 1.12 | % |
| Total interest-bearing liabilities                                           |   |                         | 71,226       |   |   |   |  200 |   |   |   | 1.12 | % |   |   | 70,888 |   |   |   |  267 |   |   |   | 1.52 | % |
| Non-interest-bearing liabilities                                             |   |                         | 8,607        |   |   |   |   |   |   |   |   |   |   |   | 7,986 |   |   |   |   |   |   |   |   |   |
| Total liabilities                                                            |   |                         | 79,833       |   |   |   |   |   |   |   |   |   |   |   | 78,874 |   |   |   |   |   |   |   |   |   |
| Equity                                                                       |   |                         | 18,473       |   |   |   |   |   |   |   |   |   |   |   | 7,199 |   |   |   |   |   |   |   |   |   |
| Total liabilities and equity                                                 |   | $                            | 98,306       |   |   |   |   |   |   |   |   |   |   | $ | 86,073 |   |   |   |   |   |   |   |   |   |
| Net interest-earning assets                                                  |   | $                            | 18,944       |   |   |   |   |   |   |   |   |   |   | $ | 8,334 |   |   |   |   |   |   |   |   |   |
| Net interest income; average interest rate spread                       |   |                         |         |   |   | $ | 966 |   |   |   | 4.05 | % |   |   |   |   |   | $ | 853 |   |   |   | 4.14 | % |
| Net interest margin(2)                                                  |   |                         |         |   |   |   |   |   |   |   | 4.29 | % |   |   |   |   |   |   |   |   |   |   | 4.31 | % |
| Average interest-earning assets to average interest-bearing liabilities |   |                         |         |   |   |   |   |   |   |   | 126.60 | % |   |   |   |   |   |   |   |   |   |   | 112.89 | % |

----

| (1) | Calculated net of deferred fees and discounts, loans in process and allowance for loan losses. |
|-----|------------------------------------------------------------------------------------------------|

| (2) | Equals net interest income divided by average interest-earning assets. |
|-----|------------------------------------------------------------------------|

----

----

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|   | No.  |   | Description                                                           |
|--------|------|--------|-----------------------------------------------------------------------|
|   | 31.1 |   | Rule 13a-14(a)/15d-14(a) Certification of the Chief Executive Officer |
|   | 31.2 |   | Rule 13a-14(a)/15d-14(a) Certification of the Chief Financial Officer |
|   | 32.1 |   | Section 1350 Certification                                            |

----

|                          | CENTURY NEXT FINANCIAL CORPORATION |                                  |
|-------------------------------|------------------------------------|---------------------------------------|
|                          |                               |                                  |   |
| Date:  May 13, 2011 | By:                                | /s/Benjamin L. Denny                  |   |
|                          |                               | Benjamin L. Denny                     |   |
|                          |                               | President and Chief Executive Officer |   |

| Date:  May 13, 2011 | By:    | /s/G. Randall Allison   |   |
|-------------------------------|--------|-------------------------|--------|
|                          |   | G. Randall Allison      |   |
|                          |   | Chief Financial Officer |   |